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Speaker 1: Cable news is ripping us apart, dividing the nation, making

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Speaker 1: it impossible to function as a society and to know

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Speaker 1: what is true and what is false. The good news

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Speaker 1: is that they're failing and they know it. That is

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Speaker 1: why we're building something new. Be part of creating a new, better, healthier,

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Speaker 1: member today at breakingpoints dot com. Your hard earned money

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Speaker 1: is going to help us build for the midterms and

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Speaker 1: the upcoming presidential election so we can provide unparalleled coverage

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Speaker 1: of what is sure to be one of the most

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Speaker 1: pivotal moments in American history. So what are you waiting for?

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Speaker 1: Go to Breakingpoints dot com to help us out. Good morning, everybody,

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Speaker 1: Happy Monday. We have an amazing show for everybody today.

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Speaker 1: What do we have Christal? Indeed, we do lots of

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Speaker 1: big stories breaking for you this morning. First all Finland

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Speaker 1: and Sweden inching even closer to joining NATO. We will

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Speaker 1: tell you what obstacles remain, what the potential falloup will be,

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Speaker 1: and our thoughts on all of that. Also, Elon Musk

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Speaker 1: sort of signaling maybe he's not one hundred percent welling

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Speaker 1: forward with this weird bill and could be a bar anyway,

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Speaker 1: we'll tell you about what's going on there. New polling

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Speaker 1: reveals exactly how abortion may impact the midterm election. So far,

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Speaker 1: I would say that our analysis has been vindicated that

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Speaker 1: it may help Democrats on the margins, but is probably

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Speaker 1: not going to be the game changer that they would

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Speaker 1: need to avoid some pretty devastating losses this fall. We

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Speaker 1: also have a very interesting memo coming out from Netflix,

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Speaker 1: basically telling employees, if you don't like all the content

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Speaker 1: that we are publishing, feel free to go get another job.

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Speaker 1: We have an analyst on first time on the show

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Speaker 1: talking about the primaries that are unfolding tomorrow, some big

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Speaker 1: ones in particular in the state of Pennsylvania, but also

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Speaker 1: in North Carolina. So we will get to all of that,

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Speaker 1: but we wanted to start with what is just a

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Speaker 1: horrific track, an act of pure evil coming out of

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Speaker 1: Buffalo shooting over this weekend by a racist, white supremacist.

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Speaker 1: Let's go ahead and put this tear sheet up on

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Speaker 1: the screen. Buffalo's supermarket shooting. What do we know so far?

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Speaker 1: So they say, on Saturday afternoon, a white eighteen year

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Speaker 1: old wearing military gear and live streaming with a helmet camera,

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Speaker 1: opened fire Saturday afternoon at Top's Friendly Market. It's one

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Speaker 1: of the only supermarkets in this neighborhood. It's a supermarket

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Speaker 1: in a predominantly black neighborhood of Buffalo, New York. Ultimately

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Speaker 1: ten people were murdered by this man. Three more were wounded.

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Speaker 1: Eleven of those individuals were black, two were white. The

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Speaker 1: gunman live stream the shooting to a small audience on

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Speaker 1: Twitch for several minutes before the platform cut off his feed.

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Speaker 1: According to police, the gunman began shooting in the parking lot,

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Speaker 1: then moved inside the store. A heroic security guard, Aaron Salter,

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Speaker 1: fired multiple shots trying to protect the innocent shoppers who

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Speaker 1: were there, None of them unfortunately penetrated the gunman's armor

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Speaker 1: also so ultimately killed Psalter, and then stalked through the

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Speaker 1: aisles shooting shoppers. He apparently published a manifesto online that

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Speaker 1: you Know has purportedly attributed to him, where he takes

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Speaker 1: credit for this mass violence. It is actually read a

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Speaker 1: good bit of it, at least the ideological parts of it,

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Speaker 1: And first of all, it's kind of exactly what you

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Speaker 1: would expect a bunch of completely racist Claptrop talking about

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Speaker 1: the so called great replacement theory that whites are being

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Speaker 1: genocided by people who are quote unquote replacers coming in

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Speaker 1: from the outside. He lumps in black people as one

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Speaker 1: of these replacers. Lots of pseudo, you know, fake race

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Speaker 1: science about how black people are inferior and they're not

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Speaker 1: intelligent and they're criminals. Bunch of racist, anti Semitic conspiracy theories,

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Speaker 1: and ultimately it turns out a lot of this was

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Speaker 1: actually Playgiary Sager from the christ Church, New Zealand shooter

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Speaker 1: that you know, massacred Muslims and twenty nineteen. So dude

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Speaker 1: couldn't even write his own racist manifesto. Horrific you know,

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Speaker 1: accounts from eyewitnesses there on the scene. Let's take a

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Speaker 1: list and do a little bit of that. Could hear

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Speaker 1: where the gunshots were, how close they were coming, and

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Speaker 1: it wasn't all the way to me yet. I don't

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Speaker 1: know what made me get up. I just kept saying,

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Speaker 1: you gotta get help, you gotta get up. I literally

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Speaker 1: jumped up. Everything fell off. I had keys on my elbow,

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Speaker 1: they literally came off. My wrist, hit the freezers, my

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Speaker 1: shoes were off, and I just kept running at this point,

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Speaker 1: where is your daughter? She's in the front, still in

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Speaker 1: the front, still in the front, crouched at registered six.

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Speaker 1: Because I never looked behind me until I got all

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Speaker 1: the way to the back, I turned around, she wasn't there,

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Speaker 1: and I said, where's my baby? Has anything seen my baby?

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Speaker 1: Where is she? I didn't know where she was, and

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Speaker 1: I just thought, if she's gone, may can that be here?

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Speaker 1: She's got babies, she's a new born like that, and

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Speaker 1: she has a three year old. So I still had

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Speaker 1: to get out. If I went back for her and

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Speaker 1: she was gone, I would be gone too. They had

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Speaker 1: nobody why still ran and ran out the bag. I mean,

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Speaker 1: there are a few things more heinous than people, innocent,

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Speaker 1: powerless people being targeted just for who they are. And

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Speaker 1: I cannot begin to imagine the horror that was experienced

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Speaker 1: by the people who were there in that supermarket. I

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Speaker 1: know are now grieving the loss of loved ones and

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Speaker 1: community members, fathers, daughters, sons. It is truly horrible. Yeah, no,

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Speaker 1: I mean, there's no other way to describe it as

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Speaker 1: act pure evil. I think you put it really well.

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Speaker 1: And so now the quite real question is is like,

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Speaker 1: who is this gentleman. IM not going to say his name. Also, unfortunately,

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Speaker 1: to read the idiotic manifesto, which you know I read

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Speaker 1: the christ Church person, turns out it was the same

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Speaker 1: one in many of these respects. Look, if you spent

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Speaker 1: any time the dregs of the Internet, none of this

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Speaker 1: is all that surprising to you. And this is just

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Speaker 1: one of your classic like absolute losers within society trying

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Speaker 1: to blame everybody else for their problems. And the question arises, though,

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Speaker 1: and I think at a very serious level, is we

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Speaker 1: have heard a lot about domestic terrorism here in the

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Speaker 1: United States. It's been supposedly in a major priority of

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Speaker 1: the Biden administration of law enforcement, you know, over the

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Speaker 1: last two years. Well why did we not catch this person?

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Speaker 1: And let's put this up there on the screen. Well,

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Speaker 1: you know, as it almost always comes out with these things,

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Speaker 1: it turns out that the alleged gunman had threatened a

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Speaker 1: shooting at his high school as shortly as last year,

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Speaker 1: and he was actually sent for a mental health evaluation

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Speaker 1: that lasted a day and a half. Now I think

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Speaker 1: that we are going to learn quite a bit more

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Speaker 1: about all of this, Crystal, because what they said is

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Speaker 1: that he had not only threatened this mass shooting, but

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Speaker 1: that the police say the suspect had made threats to

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Speaker 1: carry out this shooting as early as June, so less

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Speaker 1: than one year ago, while he was in high school

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Speaker 1: near the time of his graduation. He was even taken

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Speaker 1: into custody by state police and obviously sent to the

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Speaker 1: hospital for evaluation. So then the question arises, how exactly

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Speaker 1: did this person legally acquire a firearm if that is

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Speaker 1: in fact the case, If it was illegally acquired, there's

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Speaker 1: not a lot you can do about that. But it

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Speaker 1: has very commonly been the case that many of these

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Speaker 1: people with past mental health problems which should immediately be flagged,

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Speaker 1: you know, from the FBI, especially in the commission of

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Speaker 1: a crime, or this particular case, you know, being so

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Speaker 1: serious to be taken into custody. Well, what's happening here?

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Speaker 1: And sadly you and I went through the record, this

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Speaker 1: is an all too common occurrence with people who are

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Speaker 1: either mass shooters or domestic terrorists. So we put together

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Speaker 1: a mashup of just how many of these cases there

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Speaker 1: appear to be. Let's start. Let's go ahead and put

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Speaker 1: this up there on the screen. What do we see,

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Speaker 1: sun Sentinel, how the FBI botched tips about the Parkland shooter.

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Speaker 1: A lot of people remember that one dominated our politics

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Speaker 1: very much the same way that this one may well

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Speaker 1: one of the most undercovered aspects of that not only

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Speaker 1: the failure of Broward County Sheriff's apartment, but the FBI

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Speaker 1: had a very clear tip about the shooter. In that case,

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Speaker 1: Let's go to the next one that we have up

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Speaker 1: there on the screen. FBI had closely scrutinized the Orlando

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Speaker 1: shooter before the dropping and before dropping that investigation, Omar Matine,

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Speaker 1: the guy who shot up the Pulse gay nightclub in Orlando,

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Speaker 1: Florida in twenty sixteen. Let's go to the next one

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Speaker 1: that we have here. The FBI had a breakdown in

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Speaker 1: its background check system which allowed Dylan Rufe to buy

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Speaker 1: a gun. He, of course, was the white supremacist who

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Speaker 1: went and shot up the Charleston church. Let's go to

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Speaker 1: the next one that we have up there, which is

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Speaker 1: that and actually didn't even remember, you're the one who

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Speaker 1: flagged this sung Hugh Cho who was the Virginia Tech shooter,

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Speaker 1: based on mental health law, should never have been able

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Speaker 1: to acquire a firearm, and yet was legally able to

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Speaker 1: acquire multiple firearms, which he used at that time to

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Speaker 1: commit one of the most deadly mass shootings in American history.

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Speaker 1: Let's go to the next one, which we have up

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Speaker 1: there the text. I actually covered this significantly at the time.

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Speaker 1: I don't know if you guys remember this, but an

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Speaker 1: evangelical church in Texas was absolutely massacred by an absolute

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Speaker 1: nut job. Well, it turned out that the Air Force

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Speaker 1: he had actually been put into prison for domestic violence,

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Speaker 1: and that a breakdown in reporting mechanisms for the FBI

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Speaker 1: background check system having been known to law enforcement, he

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Speaker 1: also should have been barred from illegally owning a gun.

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Speaker 1: And finally, what we have here is that the FBI

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Speaker 1: knew earlier of the Boston bombing suspects. By the way,

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Speaker 1: this is not an exhaustive list. There are several others

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Speaker 1: that we could have put there on that one I

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Speaker 1: had forgotten the details. Russia actually warned up, well, yeah, yeah,

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Speaker 1: they were like, these aren't that guys are problems because

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Speaker 1: they had traveled to chech Nia. They said they you know,

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Speaker 1: they're sort of in league with militants here. So Russia

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Speaker 1: had actually warned us about them anyway, I forgot the

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Speaker 1: details of them. But yeah, I mean, you look down

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Speaker 1: this list, and the people who are supposed to be

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Speaker 1: keeping us safe when it really counts, they seem to

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Speaker 1: have dropped the ball over and over again, even either

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Speaker 1: directly at the law enforcement level or at the level

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Speaker 1: of the background system you know checks, yes, that are

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Speaker 1: supposed to be in place. They interviewed the guy who

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Speaker 1: you know, apparently sold this murder his weapon, and he

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Speaker 1: at least claims he did the background check. Nothing came

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Speaker 1: up every time. So you know, I mean, and I

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Speaker 1: don't think this man, you know, he seemed like he

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Speaker 1: was telling the truth. And so yeah, he had no

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Speaker 1: reason not to sell this murder a weapon that he

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Speaker 1: ultimately used to massacre ten people in injer three more. Uh.

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Speaker 1: And this comes on the heels of, you know, just

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Speaker 1: a year ago him threatening a mass shooting into his

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Speaker 1: high school like this is completely insane, I know. And

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Speaker 1: this is something again which and look, this is where

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Speaker 1: I have to go after some of the Republicans, you know,

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Speaker 1: to his own credit, John Cornyn, after the Evangelical shirt shooting,

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Speaker 1: tried to pass the Fixed Nicks Act, which is the

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Speaker 1: background check system which would have allowed. Well it actually,

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Speaker 1: I mean, it's not funny. But it turned out that

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Speaker 1: the US military had not been reporting any of the

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Speaker 1: domestic violence crimes that they were throwing people into jail for,

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Speaker 1: meaning that literally, you know, millions of people could be

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Speaker 1: acquiring firearms despite the fact that they're not supposed to.

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Speaker 1: So if it was adjudicated the military exactly, just even

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Speaker 1: though the FBI system says that if you're prosecuted for

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Speaker 1: crime that qualifies under being barred from acquiring a firearm,

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Speaker 1: they had not just been reporting it basically to the

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Speaker 1: national I forget what it stands for, but the background

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Speaker 1: check system. But there was all kinds of breakdowns in

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Speaker 1: the background check system. This is something corn And pushed

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Speaker 1: the pushed at the time to fix Nicks Act. I

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Speaker 1: don't believe that it ever passed. Look, I meant at

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Speaker 1: very basic level. You know, I'm one proponent of firearms.

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Speaker 1: What I look at it is that most of the

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Speaker 1: people who are in the gun community are going to

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Speaker 1: say that very clearly. Here you know, everybody starts calling

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Speaker 1: for gun control. You can have your thoughts on that

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Speaker 1: if you would like. At a basic level, I think

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Speaker 1: we should be able to agree that the existing laws

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Speaker 1: on the books with the background check system should be

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Speaker 1: in force. And to me, it seems like once again

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Speaker 1: a major breakdown in the investigative chain. And it's like

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Speaker 1: you just said, so what exactly do these people do

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Speaker 1: all day? I mean, I'm not gonna say that you're

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Speaker 1: gonna have to have a perfect system because we have

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Speaker 1: to balance civil liberties and all that. But this was

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Speaker 1: not even the case where you had some you know,

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Speaker 1: quasi entrapment scheme and then it all fell apart, or

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Speaker 1: he was a known informant. It's like he threatened a

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Speaker 1: school shooting. God's taken into state police custody, had a

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Speaker 1: mental health evaluation. Who's the person who cleared this person

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Speaker 1: for a mental health evaluation? Why was there no follow

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Speaker 1: up whenever it came to this he recently became an adult.

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Speaker 1: Was there any sort of flag system here happening? How

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Speaker 1: exactly does this person legally acquire these firearms which appears

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Speaker 1: to be and the guy who ran it, you know,

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Speaker 1: we have no reason to disbelieve him that he ran

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Speaker 1: the background I mean he would be at any gun store.

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Speaker 1: Person will tell you, like if you sell somebody a

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Speaker 1: gun and you did not and they use it to

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Speaker 1: murder somebody. You didn't go through the checks, like you

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Speaker 1: yourself are going to have some serious problems. So we

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Speaker 1: don't have any reason to deny that. I think it

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Speaker 1: just goes show once again that there are massive holes

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Speaker 1: in the existing system that there already are, and I

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Speaker 1: don't think there's a lot of discussion about that, yactly.

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Speaker 1: And instead, you know, they've spent a lot of time

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Speaker 1: in things like during the whole War on Terror era

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Speaker 1: sort of concocting and inventing plots to entrap Muslim men.

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Speaker 1: We of course covered here and we can put this

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Speaker 1: up on the screen, the Gretchen Whitmer kidnapping plot that

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Speaker 1: lots of FBI resources were expended to effectively like create

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Speaker 1: this plot and then ultimately disrupt it. And this is

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Speaker 1: there's a reason why these types of concocted plots are

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Speaker 1: ultimately what they spend resources on, because there's a lot

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Speaker 1: of political benefit to having the big press conference and

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Speaker 1: you know, disrupting this scary plot, whereas the blocking and

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Speaker 1: tackling of following up on these tips and making sure

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Speaker 1: the background check system is working properly is a lot

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Speaker 1: less sexy. And there are a lot fewer sort of

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Speaker 1: political careers that are made out of that type of

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Speaker 1: law enforcement work. Ultimately, you know, I do want to say,

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Speaker 1: because there's a lot of conversation about the manifesto and

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Speaker 1: what the inspiration for this guy was and how it

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Speaker 1: fits into a broader sort of right wing media and

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Speaker 1: political ecosystem. And you know, we both did look through

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Speaker 1: this manifesto because I think it is important to understand

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Speaker 1: what is the twisted, ugly, hateful thinking of someone like

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Speaker 1: this that leads them to this place. There's no indication

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Speaker 1: that he was mentally ill, and there's every indication that

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Speaker 1: he was just radicalized by a hateful and vicious ideology.

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Speaker 1: What he claims in this purported manifesto is that during

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Speaker 1: COVID he was bored, you spent a lot of time

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Speaker 1: on Reddit, spend a lot of time on four Chan,

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Speaker 1: ends up immersed in this you know, complete garbage around,

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Speaker 1: you know, this racial ideology, white supremacist ideology, and becomes

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Speaker 1: convinced that there's this you know, cabal of global jew

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Speaker 1: who are trying to replace the white race, and that

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Speaker 1: it's a white genocide and all of this so standard

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Speaker 1: issue great replacement theory nonsense which has been used incided

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Speaker 1: not only by him, but Tree of Life Synagogue in

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Speaker 1: down and El Paso, that shooter, and as we mentioned before,

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Speaker 1: the christ Church shooter. Now there's been a lot of

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Speaker 1: conversation about Republican politicians, and Tucker Carlson in particular, who

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Speaker 1: have given sort of a wink and a nod to

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Speaker 1: this type of rhetoric. Tucker has talked specifically about the

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Speaker 1: theory they usually offer is that Democrats are trying to

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Speaker 1: legalize on documented immigrants and bringing more immigrants, bringing more

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Speaker 1: refugees to try to gain an electoral advantage and replace

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Speaker 1: classic Americans, or they'll use some sort of like whitewash

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Speaker 1: language like that ultimately, And what I just want to

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Speaker 1: say is, I don't think it's fair to draw a

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Speaker 1: direct line between you know, what one killer does and

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Speaker 1: political rhetoric use by anyone. I don't think it'd be

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Speaker 1: fair to do that to the left. I don't think

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Speaker 1: it's fair to do it here. I do think it's

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Speaker 1: totally fair to inquire, as we do routinely on the show,

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Speaker 1: what type of rhetoric is good and healthy for society

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Speaker 1: and places blame in the correct places, and what type

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Speaker 1: of rhetoric divides us and convinces us that ordinary, powerless

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Speaker 1: people are the real enemy. And I don't think that

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Speaker 1: there's any doubt that there has been you know, routine

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Speaker 1: sort of scapegoating rhetoric from Tucker, from politicians on the right,

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Speaker 1: and whether or not that was any sort of fuel

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Speaker 1: for this individual. There's actually no evidence that he took

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Speaker 1: any direct inspiration from Tucker or from any of the

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Speaker 1: individuals that are being cited right now. But I think

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Speaker 1: it's totally fair game to ask the question about what

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Speaker 1: type of rhetoric is ultimately good for society, what are

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Speaker 1: accurate reflections of what's actually going on in the society,

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Speaker 1: And I think that those questions can lead you to

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Speaker 1: a deeper conversation about the roots of hatred and extremist

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Speaker 1: violent ideology in America. Just the cheap and easy answers,

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Speaker 1: which would be, we need more internet censorship, let's take

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Speaker 1: down one particular cable news hosts. And that's not to

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Speaker 1: say because media, you know, media does have an impact

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Speaker 1: on society, and the rhetoric actually, you know, really is significant,

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Speaker 1: really does matter, But it's too simple to just you know,

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Speaker 1: these trends are ultimately a reflection of sort of like

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Speaker 1: deeper rot and deeper problems in American society. So politicians

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Speaker 1: and media figures who cynically out of their own ambition

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Speaker 1: like give a wink and a nod to that rhetoric.

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Speaker 1: They're more a reflection of these undercurrents that are going

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Speaker 1: on than they are some sort of leader or pioneer.

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Speaker 1: They see what is fueling clicks, what's creating rage, what's

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Speaker 1: creating emotion, and they feed off of it. I think

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Speaker 1: the deeper question that we need to ask ourselves is

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Speaker 1: where that animus ultimately comes from, which is you know,

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Speaker 1: something that I'm going to be thinking a lot about

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Speaker 1: and continuing to try to expelisee. I'm gladly said that

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Speaker 1: because I think that there's a really disgusting parade on

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Speaker 1: right now which is all like, oh, this is all

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Speaker 1: the fault of people who might be concerned about mass immigration.

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Speaker 1: It's like, look, I look at this as a much

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Speaker 1: more derivative of a sociological problem, and I think I

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Speaker 1: and many of the people would watch a show can

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Speaker 1: see this in the broader context of what are some

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Speaker 1: of the major stories we've covered in the last week

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Speaker 1: opioid debts up fifteen percent, alcohol is up forty percent,

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Speaker 1: Mass loneliness, friendship crisis, You have COVID which caused massive

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Speaker 1: social isolation. And I'm not saying that's a justification, but

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Speaker 1: one of the things that you learn in social science

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Speaker 1: is that when you have an overall trend, the major

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Speaker 1: outliers that are a result of that trend are we're

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Speaker 1: going to be really nasty. Like you know, when you

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Speaker 1: have millions of people using these types of drugs and

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Speaker 1: fentanyl and heroin, then you're obviously going to have the

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Speaker 1: tail end of that. More people are going to be

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Speaker 1: able to die. Same with social isolation, same whenever it

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Speaker 1: comes to loneliness and the lack of friendship, and also

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Speaker 1: with COVID. I mean, he even literally blames lockdowns here

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Speaker 1: for the reason. Now, look, you know, we should not

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Speaker 1: take this person its words, obviously, and one of the

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Speaker 1: things that we learned in the christ Church shooting is

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Speaker 1: that there were intentional trollish things that were listed within

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Speaker 1: the manifesto in order to try and spark up backlash exactly,

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Speaker 1: so trying to blame like eco terrorism. Anyway, My point is,

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Speaker 1: don't take it literally. Take it seriously. So the serious

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Speaker 1: thing that we should take here is that this person

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Speaker 1: murdered nearly a dozen people in cold blood and live

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Speaker 1: stream the thing and apparently had zero remorse for this

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Speaker 1: entire killing. What happened here? What is this a result of?

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Speaker 1: Like you said, is it tied to broad our political

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Speaker 1: movements and to broad our political rhetoric? Yeah? I think so.

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Speaker 1: But is it also, as you said, the politicians, are

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Speaker 1: they downstream of the culture or do they shape it?

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Speaker 1: And what I would say is that I think a

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Speaker 1: lot of it is a downstream of major sociological dents

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Speaker 1: in our actual civic life, which I don't think a

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Speaker 1: lot of people want to fix. And I think the

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Speaker 1: current backlash against this if you want, I mean, I

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Speaker 1: saw a Rolling Stone article, for example, which said that

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Speaker 1: the U Republican the shooter was a He wasn't a

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Speaker 1: lone wolf, he was a mainstream Republican. It's like, okay,

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Speaker 1: so you think that the seventy somethingter million people voted

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Speaker 1: for Donald Trump all agree with murdering black people in

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Speaker 1: a grocery store. Good luck with that, because you're actually

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Speaker 1: going to make those people even more radical. And what

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Speaker 1: does that justify? On the other side exactly. That's I

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Speaker 1: abhor scapegoating rhetoric period. Innocent, powerless people in this country,

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Speaker 1: be they immigrants, refugees, TRUMP supporters, whoever they are, they're

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Speaker 1: not the problem. And so I think you can look

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Speaker 1: at Tucker's rhetoric about replacement, and you know the way

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Speaker 1: that he I mean, he engages routinely in the scapegoating rhetoric,

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Speaker 1: and I think you can call that out and abhor

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Speaker 1: it in and of itself and say that it is bad,

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Speaker 1: and it's divisive, and it misplaces the blame in society

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Speaker 1: and leads to an ugly division. Can you draw a

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Speaker 1: direct line between this mass murderer or the Tree of

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Speaker 1: Life mass murder or the El Paso mass murderer and

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Speaker 1: that rhetoric. I don't think it's fair to draw a

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Speaker 1: direct line. Do I think it's fair to abhor that

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Speaker 1: rhetoric and say this is ugly, that you shouldn't be

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Speaker 1: giving a wink in a not to this stuff. Yeah,

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Speaker 1: I think it's perfectly legitimate to say that ultimately. And

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Speaker 1: the other thing that I would say is, just like,

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Speaker 1: you know, this idea that Latinos coming in across the

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Speaker 1: border are just going to like automatically be democrats is

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Speaker 1: clearly false. Like I mean, it's very uncomfortably with the

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Speaker 1: fact that Republicans are actually gaining a lot of ground

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Speaker 1: with Latino voters. So maybe just try to appeal to

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Speaker 1: voters even as demographics continue to change, which you know, unfortunately,

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Speaker 1: as someone who's on the left, I think Republicans have

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Speaker 1: been succeeding in against their best efforts. So anyway, I

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Speaker 1: do think it's complex. But the other conversation that's already

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Speaker 1: starting is this is another reason why we need more

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Speaker 1: internet censorship. And that's the other one that I mean,

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Speaker 1: not only is that like a cheap and easy answer,

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Speaker 1: but it ultimately is ultimately going to be counterproductive. What

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Speaker 1: you want to just push people further and further into

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Speaker 1: the shadows, into the corners. You want to make their

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Speaker 1: ideology even more like sort of sexy and rebellious. No,

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Speaker 1: you know, I was even irritated that it was it

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Speaker 1: was hard to find this manifesto to read. And I

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Speaker 1: don't agree with that, because again, I think it was

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Speaker 1: important for both of us to be able to actually

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Speaker 1: read it, not just how the news media was characterizing it,

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Speaker 1: but be able to judge it. For ourselves and see

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Speaker 1: what he's saying, and again you should you know, these

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Speaker 1: are the words of like a killer and one of

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Speaker 1: the most you know who perpetrate an absolutely evil act,

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Speaker 1: So you have to take it for what it is.

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Speaker 1: But I think it's more important to dig into these

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Speaker 1: things and try to understand the roots of this and

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Speaker 1: how you could come to such a vicious and ugly

430
00:23:06,400 --> 00:23:08,560
Speaker 1: place as he ultimately did. Yeah, you know, actually I

431
00:23:08,600 --> 00:23:10,680
Speaker 1: had a lot of frustration with this during the terrorism times.

432
00:23:10,720 --> 00:23:14,560
Speaker 1: I used to read Al Qaeda's inspired magazine. I would

433
00:23:14,640 --> 00:23:18,879
Speaker 1: read isis Propaganda. I would read especially the stuff I

434
00:23:18,960 --> 00:23:20,840
Speaker 1: was really fascinated. I'm like, what is it with these

435
00:23:20,880 --> 00:23:23,480
Speaker 1: Western Muslims in Europe? I'm like, how are they getting

436
00:23:23,520 --> 00:23:25,600
Speaker 1: all these people to go over there? So I read it.

437
00:23:25,680 --> 00:23:29,520
Speaker 1: I just read the forums, the magazine, the reporters of like, oh, brothers,

438
00:23:29,560 --> 00:23:31,760
Speaker 1: this is what it's like in the Caliphate now, you know.

439
00:23:31,840 --> 00:23:34,119
Speaker 1: It actually helped me really understand. I'm like, wow, you know,

440
00:23:34,160 --> 00:23:36,440
Speaker 1: this is part of a much broader problem in terms

441
00:23:36,480 --> 00:23:39,639
Speaker 1: of displacement and culture, and like I was just talking

442
00:23:39,640 --> 00:23:41,720
Speaker 1: about in terms of the tail end effect of when

443
00:23:41,720 --> 00:23:43,840
Speaker 1: you're going to have you know, millions of people who

444
00:23:43,840 --> 00:23:46,800
Speaker 1: are kind of quasi rejected by the dominant culture. That's

445
00:23:46,840 --> 00:23:49,840
Speaker 1: going to have some extreme effects on the worst side.

446
00:23:49,880 --> 00:23:52,080
Speaker 1: And you see exactly how Kaida and isis and all

447
00:23:52,080 --> 00:23:54,200
Speaker 1: that was exploiting that. I thought it was very important.

448
00:23:54,560 --> 00:23:57,359
Speaker 1: Like I said, I watched unfortunately and watched the New

449
00:23:57,480 --> 00:24:00,040
Speaker 1: Zealand christ Church video. Again I wanted to force my

450
00:24:00,280 --> 00:24:03,159
Speaker 1: because I'm like, Okay, what is actually happening and this

451
00:24:03,280 --> 00:24:06,359
Speaker 1: is sickening, but it's important I think in order to

452
00:24:06,400 --> 00:24:07,920
Speaker 1: engage with this stuff. I watched a lot of ICEI

453
00:24:08,000 --> 00:24:10,720
Speaker 1: stuff as well when I was covering it, and yeah, look,

454
00:24:10,760 --> 00:24:12,359
Speaker 1: I mean I would point to the same thing, but

455
00:24:12,400 --> 00:24:14,440
Speaker 1: I would also say, look, you want to go down

456
00:24:14,480 --> 00:24:16,680
Speaker 1: the road of saying that it's a legitimate point of

457
00:24:16,720 --> 00:24:18,560
Speaker 1: view in this country to say that there are problems

458
00:24:18,560 --> 00:24:21,040
Speaker 1: with mass immigration, that we should have controls on that.

459
00:24:21,400 --> 00:24:23,520
Speaker 1: And I don't think there's anything wrong with I think

460
00:24:23,520 --> 00:24:27,159
Speaker 1: there's and this is where it's you know, where it

461
00:24:27,160 --> 00:24:31,439
Speaker 1: becomes tricky, because I think every single society is going

462
00:24:31,520 --> 00:24:34,400
Speaker 1: to have some debate about what their immigration system, especially

463
00:24:34,400 --> 00:24:36,520
Speaker 1: in the Yeah, what are the limits? How do you

464
00:24:36,600 --> 00:24:39,879
Speaker 1: determine it? I mean, these are totally reasonable grounds for

465
00:24:40,080 --> 00:24:43,880
Speaker 1: policy debates, and we can come to different conclusions. Obviously,

466
00:24:44,119 --> 00:24:46,720
Speaker 1: when you go down the path of making this argument

467
00:24:46,760 --> 00:24:49,800
Speaker 1: that people are being brought in to replace other people,

468
00:24:49,920 --> 00:24:53,120
Speaker 1: and you make it this existential threat, and again you're

469
00:24:53,200 --> 00:24:57,359
Speaker 1: using this to scapegoat immigrants like they're the source of

470
00:24:57,400 --> 00:25:01,200
Speaker 1: your problems, that's when you end up, you know, in

471
00:25:01,240 --> 00:25:04,640
Speaker 1: an ugly place. So that's how I view all of this.

472
00:25:04,800 --> 00:25:08,400
Speaker 1: One other thing that I that I think is interesting,

473
00:25:08,440 --> 00:25:10,800
Speaker 1: and I also think it's important to note, like, none

474
00:25:10,840 --> 00:25:13,840
Speaker 1: of what we're saying here about the underlying factors denies

475
00:25:13,920 --> 00:25:17,760
Speaker 1: any like blame and culpability of this. Clearly, you know,

476
00:25:17,880 --> 00:25:21,560
Speaker 1: evil horrific individual who was radicalized by an extremist and

477
00:25:21,640 --> 00:25:25,560
Speaker 1: violent ideology. So I just want to make that completely clear.

478
00:25:26,040 --> 00:25:29,040
Speaker 1: But you know, some of the roots of the modern

479
00:25:29,320 --> 00:25:33,359
Speaker 1: white power movement actually come out of the failures of

480
00:25:33,359 --> 00:25:36,080
Speaker 1: the Vietnam War. And in fact, if you look throughout history,

481
00:25:36,840 --> 00:25:40,240
Speaker 1: it's at the end of wars that you have a

482
00:25:40,320 --> 00:25:45,359
Speaker 1: spike in violent white supremacist movements because ultimately, I mean

483
00:25:45,400 --> 00:25:48,159
Speaker 1: you think about in a war, soldiers are taught to

484
00:25:48,200 --> 00:25:52,359
Speaker 1: basically dehumanize their enemy. So if you've already sort of

485
00:25:52,400 --> 00:25:54,439
Speaker 1: dehumanized one group of people. And then you come out

486
00:25:54,480 --> 00:25:56,720
Speaker 1: of Vietnam and on the right there was a narrative about,

487
00:25:56,760 --> 00:25:59,400
Speaker 1: like the government failed us. If we had just been

488
00:25:59,480 --> 00:26:01,600
Speaker 1: allowed to do our thing and hadn't had all these

489
00:26:01,680 --> 00:26:05,240
Speaker 1: rules on terms of engagement, we could have won. And

490
00:26:05,640 --> 00:26:08,440
Speaker 1: you know, also the feeling that soldiers were spat upon

491
00:26:08,560 --> 00:26:10,920
Speaker 1: and that their service wasn't honored when they came back.

492
00:26:11,400 --> 00:26:15,720
Speaker 1: And you have a bunch of you know, armed young men,

493
00:26:15,920 --> 00:26:18,800
Speaker 1: trained young men who have now lost all of their

494
00:26:18,840 --> 00:26:23,080
Speaker 1: purpose and meaning. That can create fertile conditions for this

495
00:26:23,200 --> 00:26:26,719
Speaker 1: type of militant extremist movement. And so in fact you

496
00:26:26,800 --> 00:26:31,480
Speaker 1: saw coming out of the Vietnam War this new resurgence

497
00:26:31,680 --> 00:26:34,199
Speaker 1: in white power moves also of course in reaction to

498
00:26:34,280 --> 00:26:36,800
Speaker 1: like the cultural changes of the nineteen sixties and all

499
00:26:36,840 --> 00:26:39,959
Speaker 1: of that. Ultimately, so you know, it's just when you

500
00:26:40,000 --> 00:26:42,600
Speaker 1: think about these issues, there's a lot more going on

501
00:26:43,000 --> 00:26:46,680
Speaker 1: than just what cable news hosts are saying or whether

502
00:26:46,840 --> 00:26:50,280
Speaker 1: Internet is censored or not. There's a reason why America

503
00:26:50,480 --> 00:26:54,320
Speaker 1: is such a violent society ultimately, and I do think

504
00:26:54,359 --> 00:26:58,240
Speaker 1: part of it is, you know, violence is normalized through

505
00:26:58,320 --> 00:27:02,199
Speaker 1: our endless wars that we repeated engaging as one particular factor,

506
00:27:02,280 --> 00:27:04,720
Speaker 1: not to mention the loss of meaning as we've shipped

507
00:27:04,800 --> 00:27:07,320
Speaker 1: jobs overseas and we've made it very difficult for people

508
00:27:07,359 --> 00:27:10,320
Speaker 1: to be able to have that family unit that is,

509
00:27:10,440 --> 00:27:12,600
Speaker 1: you know, such a core source of like meaning and

510
00:27:12,600 --> 00:27:15,639
Speaker 1: purpose for a lot of human beings here and around

511
00:27:15,640 --> 00:27:18,520
Speaker 1: the world. So it's a complex conversation. I guess that's

512
00:27:18,520 --> 00:27:20,280
Speaker 1: just what I'll say. Okay, let's go to the next

513
00:27:20,320 --> 00:27:22,760
Speaker 1: one here and talk about NATO. So let's go ahead

514
00:27:22,760 --> 00:27:24,720
Speaker 1: and put this up there on the screen. So this

515
00:27:24,800 --> 00:27:28,639
Speaker 1: is very important both Finland and Sweden moving much closer

516
00:27:28,680 --> 00:27:32,080
Speaker 1: towards NATO membership. Sweden's ruling party, which is the Social

517
00:27:32,119 --> 00:27:35,800
Speaker 1: Democratic Party, is paving the way for the Scandinavian country

518
00:27:35,840 --> 00:27:40,240
Speaker 1: to submit a joint bid with Finland to join NATO.

519
00:27:40,400 --> 00:27:44,160
Speaker 1: This is actually very important because Sweden in particular has

520
00:27:44,320 --> 00:27:48,560
Speaker 1: two hundred year history of military non alignment on the

521
00:27:48,600 --> 00:27:51,760
Speaker 1: European continent, which goes back almost you know, as far

522
00:27:51,920 --> 00:27:55,119
Speaker 1: as Switzerland in terms of its reputation as a neutral country,

523
00:27:55,160 --> 00:27:57,679
Speaker 1: and for a long time they kind of pursued a

524
00:27:57,720 --> 00:28:01,560
Speaker 1: strategy of strategic autonomy, specifically because they were caught between

525
00:28:01,600 --> 00:28:05,919
Speaker 1: their their cultural ties and business relationships with the West.

526
00:28:06,080 --> 00:28:09,960
Speaker 1: But also they're obviously geographical proximity towards Russia and their

527
00:28:10,119 --> 00:28:13,960
Speaker 1: view as a place within a semi traditional Russian sphere

528
00:28:14,000 --> 00:28:17,399
Speaker 1: of influence. Although obviously all these things have changed, you know,

529
00:28:17,520 --> 00:28:19,800
Speaker 1: hands many many times over the years, but you can't

530
00:28:19,840 --> 00:28:24,520
Speaker 1: deny geographical approximation. Same obviously with Finland's put this up

531
00:28:24,520 --> 00:28:27,160
Speaker 1: there on the screen, which is that Finland is also

532
00:28:27,280 --> 00:28:29,879
Speaker 1: set to apply to NATO, like I said, with that

533
00:28:30,000 --> 00:28:36,400
Speaker 1: joint application, and Finland also, frankly, maybe the more provocative

534
00:28:36,520 --> 00:28:39,200
Speaker 1: I think of the two, given the fact that Finland

535
00:28:39,240 --> 00:28:42,400
Speaker 1: and Russia had actually fought a war before, you know,

536
00:28:42,560 --> 00:28:45,280
Speaker 1: back in the nineteen forties. This is somewhere where there's

537
00:28:45,360 --> 00:28:47,440
Speaker 1: long been kind of a cat and a mouse game

538
00:28:47,680 --> 00:28:51,120
Speaker 1: between the two people, remember, you know, the nineteen thirty

539
00:28:51,160 --> 00:28:56,000
Speaker 1: nine Winter War between Russia and Finland. And in Finland

540
00:28:56,040 --> 00:28:58,720
Speaker 1: in particular, we saw this in the polling data. Most

541
00:28:58,760 --> 00:29:01,760
Speaker 1: of their population did not want to join NATO. Before

542
00:29:01,880 --> 00:29:05,000
Speaker 1: the Russian invasion of Ukraine. They were like, listen, we

543
00:29:05,040 --> 00:29:08,360
Speaker 1: don't want any of this. We see the Russians, they're crazy.

544
00:29:08,680 --> 00:29:11,960
Speaker 1: We don't necessarily want to see any sort of thing

545
00:29:12,120 --> 00:29:15,400
Speaker 1: like this. I think strategic autonomy in our massive welfare state,

546
00:29:15,640 --> 00:29:18,760
Speaker 1: that's good with us. Well, what's really happened here is

547
00:29:18,800 --> 00:29:20,400
Speaker 1: that and this again, you know, this is exactly what

548
00:29:20,400 --> 00:29:22,880
Speaker 1: I predicted the day of the Russian invasion. I was like,

549
00:29:22,920 --> 00:29:26,160
Speaker 1: what Putin has done is he has united Western Europe

550
00:29:26,160 --> 00:29:28,880
Speaker 1: in a way it has not been united since the

551
00:29:28,920 --> 00:29:32,680
Speaker 1: threat of the Cold War. And he somehow pushed neutral

552
00:29:32,920 --> 00:29:36,360
Speaker 1: populations like Finland and Sweden who did not want to

553
00:29:36,440 --> 00:29:37,880
Speaker 1: join NATO. They're like, all right, we got to get

554
00:29:37,880 --> 00:29:39,600
Speaker 1: it into NATO here. So I think that, you know,

555
00:29:39,640 --> 00:29:43,080
Speaker 1: in terms of a strategic backlash against Russia, which the

556
00:29:43,280 --> 00:29:46,280
Speaker 1: entire purpose that they say that they were expanding into

557
00:29:46,760 --> 00:29:49,680
Speaker 1: going and invading Ukraine was oh, well we have had

558
00:29:49,760 --> 00:29:52,840
Speaker 1: NATO push against our border, which is true. You know,

559
00:29:52,880 --> 00:29:55,600
Speaker 1: this is something where it's becoming a Western client state.

560
00:29:55,880 --> 00:29:57,959
Speaker 1: We have to go in and have a military opententiation

561
00:29:58,080 --> 00:30:01,480
Speaker 1: to present prevent this. Well, now you've invited these own

562
00:30:01,520 --> 00:30:04,640
Speaker 1: democratic populations in order to try and join NATO. Now

563
00:30:04,680 --> 00:30:06,520
Speaker 1: that's one side of the conversation. I think the other

564
00:30:06,560 --> 00:30:08,400
Speaker 1: side of the conversation that we should also focus on

565
00:30:08,520 --> 00:30:11,040
Speaker 1: is we also have a choice there are thirty seven

566
00:30:11,080 --> 00:30:14,120
Speaker 1: member countries in NATO. Do we want to extend the

567
00:30:14,200 --> 00:30:17,479
Speaker 1: United States nuclear umbrella to Finland and Sweden? And this

568
00:30:17,520 --> 00:30:19,720
Speaker 1: is going to be probably the most controversial part of this,

569
00:30:19,800 --> 00:30:20,760
Speaker 1: and I know there are a lot of people are

570
00:30:20,760 --> 00:30:22,640
Speaker 1: going to be upset by this, but I think we

571
00:30:22,640 --> 00:30:25,320
Speaker 1: should have a very serious discussion as to whether the

572
00:30:25,400 --> 00:30:29,600
Speaker 1: US nuclear umbrella should be extended to Helsinki and Stockholm.

573
00:30:29,760 --> 00:30:32,760
Speaker 1: We should really have a conversation around this. Does it

574
00:30:32,880 --> 00:30:35,760
Speaker 1: mean that we should be willing to go to the

575
00:30:35,840 --> 00:30:38,840
Speaker 1: brink and possibly pass the brink of nuclear war in

576
00:30:38,920 --> 00:30:42,239
Speaker 1: order to protect these far flung borders which are not

577
00:30:42,320 --> 00:30:44,600
Speaker 1: even in Western Europe but all the way to the

578
00:30:44,720 --> 00:30:48,160
Speaker 1: edge and bordering along Russia. We already have that in

579
00:30:48,160 --> 00:30:51,560
Speaker 1: the case of the Baltic States, in the case of Poland. Obviously,

580
00:30:51,600 --> 00:30:54,280
Speaker 1: in two thousand and eight we invited Georgia and Ukraine

581
00:30:54,320 --> 00:30:57,040
Speaker 1: in order to join NATO. That didn't end up materializing,

582
00:30:57,040 --> 00:30:59,600
Speaker 1: but that was a key moment within this. And now

583
00:30:59,680 --> 00:31:02,880
Speaker 1: with the expeditious nature that this is moving, this is

584
00:31:02,920 --> 00:31:05,280
Speaker 1: a conversation that we need to have in real time

585
00:31:05,320 --> 00:31:07,400
Speaker 1: that we did not have in the nineteen nineties, In

586
00:31:07,440 --> 00:31:10,600
Speaker 1: the two thousands when we extended NATO membership to the

587
00:31:10,640 --> 00:31:12,800
Speaker 1: Baltic States, despite the fact that there were a lot

588
00:31:12,840 --> 00:31:15,560
Speaker 1: of voices at the time who warned against doing so.

589
00:31:15,800 --> 00:31:18,280
Speaker 1: And just to show you how bipartisan this is, gohe

590
00:31:18,280 --> 00:31:20,440
Speaker 1: and put this up there on the screen, which is

591
00:31:20,480 --> 00:31:25,760
Speaker 1: that Republican leader Mitch McConnell just visited. He visited Kiev

592
00:31:26,120 --> 00:31:29,880
Speaker 1: and he met with Zelenski where he told him that

593
00:31:30,000 --> 00:31:34,040
Speaker 1: he had the support for Finland and Sweden to join NATO. Now,

594
00:31:34,040 --> 00:31:37,080
Speaker 1: why does that matter. NATO is a treaty which means

595
00:31:37,120 --> 00:31:39,800
Speaker 1: that you need two thirds of the US Senate in

596
00:31:39,880 --> 00:31:43,120
Speaker 1: order to ratify the new NATO treaty to allow these

597
00:31:43,160 --> 00:31:47,040
Speaker 1: new countries in to NATO. Now, obviously, I think a

598
00:31:47,040 --> 00:31:49,120
Speaker 1: lot of the Democrats are basically on record as saying

599
00:31:49,160 --> 00:31:51,520
Speaker 1: they might do so, but a lot of the Republicans,

600
00:31:51,560 --> 00:31:53,640
Speaker 1: it has a relatively open question. There are people like

601
00:31:53,720 --> 00:31:55,440
Speaker 1: Rand Paul and others and we'll get to this in

602
00:31:55,560 --> 00:31:59,520
Speaker 1: little bit who'd objected the Ukraine bill. But he's saying

603
00:31:59,560 --> 00:32:02,040
Speaker 1: that the major majority of his caucus supports this makes

604
00:32:02,040 --> 00:32:05,320
Speaker 1: this a de facto conclusion that this is absolutely going

605
00:32:05,360 --> 00:32:09,160
Speaker 1: to happen. However, there's also a geopolitical part to this,

606
00:32:09,280 --> 00:32:11,440
Speaker 1: which is also kind of interesting, and there's a lot

607
00:32:11,440 --> 00:32:12,880
Speaker 1: of reasons as to why this might be happening. It's

608
00:32:12,880 --> 00:32:14,959
Speaker 1: put this up there on the screen. People forget. You know,

609
00:32:15,000 --> 00:32:19,120
Speaker 1: Turkey is in NATO, it's under a dictatorship by Recipi Erdiwan,

610
00:32:19,400 --> 00:32:24,680
Speaker 1: and Erdiwan actually, despite previously telling the Finns and the

611
00:32:24,720 --> 00:32:28,160
Speaker 1: Swedes that he was kind of okay with them joining,

612
00:32:28,200 --> 00:32:31,400
Speaker 1: he's now gone ahead and said that he may be

613
00:32:31,600 --> 00:32:35,120
Speaker 1: against Finland and Sweden joining NATO. He did not say

614
00:32:35,160 --> 00:32:39,200
Speaker 1: specifically that he would issue an actual objection because he

615
00:32:39,200 --> 00:32:41,960
Speaker 1: would probably be the only country in order to deny

616
00:32:42,040 --> 00:32:44,440
Speaker 1: doing so. But you know, this is also a country

617
00:32:44,440 --> 00:32:47,800
Speaker 1: which is in NATO, which has done military trade with Russia.

618
00:32:47,800 --> 00:32:49,520
Speaker 1: I think they have like an S three hundred missile

619
00:32:49,560 --> 00:32:52,360
Speaker 1: system that they bought from the Russians, and they have

620
00:32:52,440 --> 00:32:55,240
Speaker 1: their own crazy relationship with the Russians. Given what's happening

621
00:32:55,360 --> 00:32:59,560
Speaker 1: in Syria, his objections against Sweden and Finland classically have

622
00:32:59,640 --> 00:33:02,320
Speaker 1: to do the Kurds and the PKK, So it's, you know,

623
00:33:02,360 --> 00:33:04,880
Speaker 1: for domestic political reasons, he might be trying to force

624
00:33:04,920 --> 00:33:07,120
Speaker 1: a chit from those two countries. In order to allow

625
00:33:07,160 --> 00:33:09,480
Speaker 1: them in, but also just shows you that if there

626
00:33:09,600 --> 00:33:12,800
Speaker 1: is any opposition to this, it ain't happening here in America.

627
00:33:12,880 --> 00:33:15,840
Speaker 1: I think that's a tragedy. We supply the vast majority

628
00:33:15,880 --> 00:33:21,360
Speaker 1: of the arms within NATO. Recently, Europe, just people know,

629
00:33:21,640 --> 00:33:25,600
Speaker 1: only appropriated the EU five hundred million euros to go

630
00:33:25,640 --> 00:33:29,360
Speaker 1: to Ukraine. How much did we just approve forty billion?

631
00:33:29,560 --> 00:33:33,640
Speaker 1: So that's eighty times what the Europeans are sending over

632
00:33:33,920 --> 00:33:37,000
Speaker 1: to Ukraine. You might want to ask that question. I mean,

633
00:33:37,040 --> 00:33:39,360
Speaker 1: we don't live in Europe. Last time I checked. It's

634
00:33:39,360 --> 00:33:42,080
Speaker 1: a bit much bigger of a threat to their security

635
00:33:42,200 --> 00:33:44,320
Speaker 1: than it is to us. I don't really know why

636
00:33:44,320 --> 00:33:47,360
Speaker 1: we're footing the bill for the entire security of the continent.

637
00:33:47,600 --> 00:33:50,720
Speaker 1: So I think that's just as masks a. Look. I

638
00:33:50,760 --> 00:33:54,120
Speaker 1: have complete sympathy for the Fins and the Swedes. If

639
00:33:54,120 --> 00:33:55,600
Speaker 1: I were them, I would want to do the same thing.

640
00:33:55,840 --> 00:33:58,280
Speaker 1: But we got to look out for what's good for us,

641
00:33:58,560 --> 00:34:00,920
Speaker 1: and I don't think this is necessarily the decision. Yeah,

642
00:34:00,920 --> 00:34:07,000
Speaker 1: I mean, listen, this would about double, roughly double the

643
00:34:07,120 --> 00:34:10,359
Speaker 1: land border that Russia shares with NATO, because Finland shares

644
00:34:10,400 --> 00:34:14,719
Speaker 1: an eight hundred and thirty mile border with Russia. This

645
00:34:14,760 --> 00:34:20,360
Speaker 1: is an extraordinarily significant decision in terms of overall geopolitics

646
00:34:20,440 --> 00:34:23,960
Speaker 1: and in terms of the United States specifically, and it

647
00:34:24,000 --> 00:34:27,320
Speaker 1: is being presented by the media as a FATA compley,

648
00:34:27,760 --> 00:34:30,320
Speaker 1: like you have no say, like it's a done deal.

649
00:34:30,719 --> 00:34:34,120
Speaker 1: And also it's being done very casually, like this is

650
00:34:34,200 --> 00:34:37,640
Speaker 1: no big thing. When listen, Ultimately, as we've said a

651
00:34:37,640 --> 00:34:41,440
Speaker 1: million times, Russia and Putin specifically, not the Russian people,

652
00:34:41,480 --> 00:34:45,120
Speaker 1: but Putin and his Kremlin gronies specifically, are responsible for

653
00:34:45,360 --> 00:34:49,439
Speaker 1: the unjustified invasion of Ukraine. It is wrong, it is bad.

654
00:34:49,480 --> 00:34:53,640
Speaker 1: It was also completely predictable by our decision to expand NATO,

655
00:34:53,960 --> 00:34:58,799
Speaker 1: another thing that happened with almost no public debate. And

656
00:34:58,840 --> 00:35:01,799
Speaker 1: this is why we have have to push back on

657
00:35:01,920 --> 00:35:07,160
Speaker 1: this anti populist, pro elitist way of doing governance where

658
00:35:07,200 --> 00:35:09,719
Speaker 1: they just present to you something like this as it's

659
00:35:09,719 --> 00:35:12,000
Speaker 1: a done deal and don't worry your pretty little head

660
00:35:12,000 --> 00:35:13,840
Speaker 1: about it, and we know what's going on here, and

661
00:35:13,880 --> 00:35:15,560
Speaker 1: we know what we're going to do, and you know,

662
00:35:15,640 --> 00:35:18,000
Speaker 1: Mitch McConnell and Chuck Schumer are both on board. So

663
00:35:18,160 --> 00:35:22,839
Speaker 1: let's go ahead. Are you ready to extend Article five

664
00:35:22,880 --> 00:35:25,880
Speaker 1: protections two more nations are you And the fact that

665
00:35:25,920 --> 00:35:29,760
Speaker 1: it's not that question isn't even raised so that people

666
00:35:29,800 --> 00:35:35,880
Speaker 1: can be informed by the news media is extremely, extremely disturbing.

667
00:35:36,239 --> 00:35:39,759
Speaker 1: And it's a pattern not just with NATO expansion, which

668
00:35:39,800 --> 00:35:43,600
Speaker 1: we can now see has been incredibly consequential in terms

669
00:35:43,680 --> 00:35:47,560
Speaker 1: of yeah, global sture, global security, right, But I mean,

670
00:35:47,600 --> 00:35:49,480
Speaker 1: you see it with regard to FED policy. You see

671
00:35:49,480 --> 00:35:52,080
Speaker 1: it with regard to almost everything, where it's just trust

672
00:35:52,160 --> 00:35:55,680
Speaker 1: the experts. We got this, don't dig into the details.

673
00:35:55,880 --> 00:35:58,080
Speaker 1: We're going to present it as a done deal, as

674
00:35:58,080 --> 00:36:02,080
Speaker 1: if there's no even rue or space for public debate

675
00:36:02,120 --> 00:36:05,239
Speaker 1: on the matter. And I think that is completely insane. Yeah,

676
00:36:05,280 --> 00:36:07,040
Speaker 1: you know, I never thought i'd be this guy, but

677
00:36:07,080 --> 00:36:10,840
Speaker 1: I have been increasingly appreciative of a vision of the

678
00:36:10,880 --> 00:36:13,680
Speaker 1: founders and what the things that they saw at that

679
00:36:13,800 --> 00:36:15,920
Speaker 1: time was that we do not want to get entangled

680
00:36:15,960 --> 00:36:18,400
Speaker 1: in a lot of these foreign alliances, that if we

681
00:36:18,440 --> 00:36:21,560
Speaker 1: are to do so, given the destabilizing nature of American

682
00:36:22,640 --> 00:36:26,719
Speaker 1: American interference and quasi alliances with the West, and how

683
00:36:26,760 --> 00:36:31,360
Speaker 1: that really shaped their worldview, it's actually crazy how little

684
00:36:31,400 --> 00:36:34,200
Speaker 1: has changed, Which is that the reason why they put

685
00:36:34,239 --> 00:36:37,120
Speaker 1: that two thirds majority in the Senate is they said,

686
00:36:37,160 --> 00:36:40,080
Speaker 1: this has to be ratified by a super majority two

687
00:36:40,200 --> 00:36:43,439
Speaker 1: thirds of the people's representatives inside the United States Senate,

688
00:36:43,440 --> 00:36:45,960
Speaker 1: which should advise and consent. And we should also remember this,

689
00:36:46,120 --> 00:36:49,160
Speaker 1: we have a long period in our history of rejecting

690
00:36:49,560 --> 00:36:53,360
Speaker 1: international agreements which are presidents and which the ruling elite

691
00:36:53,400 --> 00:36:55,759
Speaker 1: at the time thought were great ideas, like the League

692
00:36:55,800 --> 00:36:59,480
Speaker 1: of Nations and Lodges fourteen points. There were real robots,

693
00:36:59,480 --> 00:37:02,359
Speaker 1: I mean Woodrow Wilson, people forget this, went on a

694
00:37:02,400 --> 00:37:05,239
Speaker 1: stump tour of this entire country on the back of

695
00:37:05,280 --> 00:37:08,120
Speaker 1: a railroad, on the caboose, stopping in town to town,

696
00:37:08,440 --> 00:37:11,839
Speaker 1: preaching why we need the League of Nations. And then

697
00:37:11,960 --> 00:37:14,719
Speaker 1: Henry Cabot Lodge and the Republicans went after it, and

698
00:37:14,760 --> 00:37:17,799
Speaker 1: they had a huge debate. I mean, something we would

699
00:37:17,800 --> 00:37:21,480
Speaker 1: barely recognize over an actual policy matter. And I am

700
00:37:21,680 --> 00:37:25,680
Speaker 1: calling for the same thing on this one because being

701
00:37:25,880 --> 00:37:29,440
Speaker 1: just slept walk into alliances of which you and I

702
00:37:29,600 --> 00:37:32,239
Speaker 1: and our children may have to all one day pay

703
00:37:32,239 --> 00:37:34,920
Speaker 1: the price for is not something that we should do

704
00:37:35,000 --> 00:37:38,440
Speaker 1: so halfheartedly. Well because the elites, it won't be their

705
00:37:38,520 --> 00:37:41,600
Speaker 1: kids who are fighting and dying these wars. I mean,

706
00:37:41,640 --> 00:37:43,879
Speaker 1: that's what you have to keep in mind, is are

707
00:37:43,960 --> 00:37:46,319
Speaker 1: you willing or are you willing ready to send your

708
00:37:46,360 --> 00:37:49,600
Speaker 1: sons and daughters over to fight and die in these

709
00:37:49,680 --> 00:37:53,000
Speaker 1: potential wars for Finland and Sweden. I mean that's the

710
00:37:53,040 --> 00:37:55,080
Speaker 1: core of the question. Well, let me give the opposite.

711
00:37:55,080 --> 00:37:57,240
Speaker 1: And so I had you a big argument with Marshall

712
00:37:57,280 --> 00:38:00,000
Speaker 1: over this. I'll give you his I think somebody should

713
00:38:00,120 --> 00:38:02,319
Speaker 1: give the Ostie Shumans. You give the ProView, which is

714
00:38:02,360 --> 00:38:06,600
Speaker 1: that it is likely inevitable that any war where Russia

715
00:38:06,600 --> 00:38:09,120
Speaker 1: invaded Finland or Sweden is going to draw the United

716
00:38:09,160 --> 00:38:11,799
Speaker 1: States in, And I think that's probably accurate given the

717
00:38:12,320 --> 00:38:15,960
Speaker 1: current state, especially what happened in Ukraine, and especially if

718
00:38:16,000 --> 00:38:18,400
Speaker 1: our NATO partners like the UK and France and all

719
00:38:18,400 --> 00:38:20,680
Speaker 1: of them were to get involved, and I kind of

720
00:38:20,680 --> 00:38:22,719
Speaker 1: do think they would probably go to war if that

721
00:38:22,760 --> 00:38:24,360
Speaker 1: were to happen, that the United States would then be

722
00:38:24,440 --> 00:38:27,000
Speaker 1: dragged into this war regardless because of the current alliance system.

723
00:38:27,160 --> 00:38:30,080
Speaker 1: So we might as well extend the deterrent factor to

724
00:38:30,680 --> 00:38:34,200
Speaker 1: Article five, to Stockholm and to helsinc. Not a terrible argument.

725
00:38:34,320 --> 00:38:36,520
Speaker 1: I'll tell you why I disagree with it, which is

726
00:38:36,560 --> 00:38:40,919
Speaker 1: that I would rather us get pulled in, kicking and

727
00:38:41,000 --> 00:38:45,279
Speaker 1: screaming into a war for Helsinki and Stockholm than to

728
00:38:45,440 --> 00:38:49,040
Speaker 1: have no choice over them. I want every single Senator

729
00:38:49,360 --> 00:38:54,160
Speaker 1: and Congressman to vote. I want to send American troops

730
00:38:54,360 --> 00:38:58,319
Speaker 1: to fight and die for the capital of Helsinki and Stockholm.

731
00:38:58,360 --> 00:39:00,279
Speaker 1: And if they vote, so be it. I'll well even

732
00:39:00,320 --> 00:39:01,960
Speaker 1: sign up. I guarantee you that if we go to

733
00:39:02,000 --> 00:39:04,840
Speaker 1: war over those things and the People's representatives think, I

734
00:39:04,880 --> 00:39:06,840
Speaker 1: would be happily in order to stand in that, because

735
00:39:07,360 --> 00:39:10,799
Speaker 1: that's something that I believe in. That being said, this

736
00:39:10,840 --> 00:39:13,760
Speaker 1: is not that vote, and this vote does not carry

737
00:39:13,800 --> 00:39:16,640
Speaker 1: the consequence that it should of the height of there

738
00:39:16,640 --> 00:39:19,560
Speaker 1: are Russian missiles reigning down on Helsinki. Now you can

739
00:39:19,680 --> 00:39:21,400
Speaker 1: argue then that it's an America's job in order to

740
00:39:21,440 --> 00:39:24,000
Speaker 1: defend those two capitals, and I accept that. I think

741
00:39:24,000 --> 00:39:27,200
Speaker 1: that's a fine, legitimate point of view. But I would

742
00:39:27,280 --> 00:39:31,440
Speaker 1: much rather every single People's representative vote to send us

743
00:39:31,480 --> 00:39:34,239
Speaker 1: all to fight and to die over there than to

744
00:39:34,400 --> 00:39:37,719
Speaker 1: just have it just get backdoored Article five. There's two

745
00:39:37,760 --> 00:39:41,839
Speaker 1: things there. Number one is the point you're making, which

746
00:39:41,840 --> 00:39:45,200
Speaker 1: I think is really important, which it's very different a

747
00:39:45,280 --> 00:39:49,120
Speaker 1: vote that's in the abstract, we come to their defense. OK, yeah, sure,

748
00:39:49,200 --> 00:39:52,560
Speaker 1: right versus no, no, right now, are you willing to

749
00:39:52,600 --> 00:39:54,440
Speaker 1: go and fight and die? I think those are two

750
00:39:54,719 --> 00:39:57,480
Speaker 1: very different questions that land very differently with the American people,

751
00:39:57,520 --> 00:40:00,000
Speaker 1: So agree with you on that point. I would also

752
00:40:00,080 --> 00:40:03,680
Speaker 1: so question the idea that it really serves as a

753
00:40:03,840 --> 00:40:09,960
Speaker 1: deterrent versus as an irritant and an escalating factor, because,

754
00:40:10,440 --> 00:40:13,719
Speaker 1: I mean, the expansion of NATO thus far has not

755
00:40:13,840 --> 00:40:17,840
Speaker 1: served as a deterrent to Russian aggression. In fact, it

756
00:40:17,880 --> 00:40:22,000
Speaker 1: has exacerbated and made that aggression predictable and much more

757
00:40:22,239 --> 00:40:24,919
Speaker 1: likely again on taking agency away from Russia the bad

758
00:40:24,960 --> 00:40:28,319
Speaker 1: things that Putin is doing. So I would dispute the

759
00:40:28,440 --> 00:40:32,000
Speaker 1: idea that this would really serve as an effective deterrent

760
00:40:32,600 --> 00:40:37,640
Speaker 1: versus being yet another escalatory step. And in fact, you

761
00:40:37,719 --> 00:40:41,279
Speaker 1: know what the Russian foreign minister has said is that

762
00:40:41,320 --> 00:40:44,840
Speaker 1: they would have to take some sort of retaliatory action

763
00:40:45,080 --> 00:40:47,120
Speaker 1: and that it would be a grave mistake, and that

764
00:40:47,200 --> 00:40:49,080
Speaker 1: it would be a grave mistake. And I think that

765
00:40:49,120 --> 00:40:51,440
Speaker 1: we should take their words very seriously and consider what

766
00:40:51,480 --> 00:40:55,120
Speaker 1: those consequences are as well. Just because they're a military joke, right,

767
00:40:55,120 --> 00:40:57,080
Speaker 1: now in Ukraine does not mean that they have an

768
00:40:57,120 --> 00:40:59,200
Speaker 1: immense amount of force in order to bring to bear,

769
00:40:59,280 --> 00:41:02,120
Speaker 1: and of course they remain in nuclear on power. I mean, look,

770
00:41:02,200 --> 00:41:03,759
Speaker 1: I don't know how many times I have to say it.

771
00:41:03,800 --> 00:41:06,680
Speaker 1: They have been beaten or they have been looked beaten

772
00:41:06,800 --> 00:41:09,880
Speaker 1: and downtrodden and all of this many many, many many

773
00:41:09,960 --> 00:41:11,960
Speaker 1: times in their history, and they always come back in

774
00:41:12,080 --> 00:41:15,680
Speaker 1: order to remind us that Russia really should not be underestimated.

775
00:41:15,719 --> 00:41:18,239
Speaker 1: So look, I think, you know, maybe we'll try to

776
00:41:18,280 --> 00:41:19,759
Speaker 1: give you more of the all side of the debate.

777
00:41:19,760 --> 00:41:21,799
Speaker 1: We're gonna have somebody on tomorrow to talk about this

778
00:41:21,880 --> 00:41:24,640
Speaker 1: in a bigger, grand strategic context, because I do think

779
00:41:24,719 --> 00:41:27,200
Speaker 1: that the no matter what, even if you do support it,

780
00:41:27,520 --> 00:41:29,959
Speaker 1: these fins in the suites, if you join, you better

781
00:41:30,000 --> 00:41:31,960
Speaker 1: pay up because I don't want to see those people,

782
00:41:32,239 --> 00:41:34,480
Speaker 1: you know, say, you know, they have the biggest welfare

783
00:41:34,520 --> 00:41:37,280
Speaker 1: state on the planet, which is fine, but I should

784
00:41:37,280 --> 00:41:40,719
Speaker 1: we subsidize it by supplying you all these arms and

785
00:41:40,840 --> 00:41:45,759
Speaker 1: military equipment and all. We're backstopping the entire security of

786
00:41:45,800 --> 00:41:49,719
Speaker 1: the European continent by eighty times more than they are.

787
00:41:49,800 --> 00:41:52,799
Speaker 1: And they are rich countries, they have their own GDPs

788
00:41:52,840 --> 00:41:56,080
Speaker 1: and national society. So no matter what happens here, these

789
00:41:56,120 --> 00:41:58,759
Speaker 1: people better be willing to pay, because it is not

790
00:41:58,960 --> 00:42:04,000
Speaker 1: fair to to our tax payers, to our citizens in

791
00:42:04,080 --> 00:42:06,880
Speaker 1: order to backstop so much of their country. Well, Sager,

792
00:42:06,960 --> 00:42:10,640
Speaker 1: you brought up earlier what Europe has sent to Ukraine.

793
00:42:10,800 --> 00:42:12,480
Speaker 1: This is what we have sent to Ukraine, which I

794
00:42:12,480 --> 00:42:15,040
Speaker 1: think is a good transition to the next piece. Even

795
00:42:15,080 --> 00:42:20,320
Speaker 1: the Washington Post is now questioning the billions in new

796
00:42:21,120 --> 00:42:24,280
Speaker 1: military weapons that are set to be sent to Ukraine

797
00:42:24,400 --> 00:42:27,040
Speaker 1: upon passage in the Senate potentially this week. Let's go

798
00:42:27,080 --> 00:42:29,400
Speaker 1: ahead and put this Washington Post tweet up on the screen.

799
00:42:29,880 --> 00:42:33,480
Speaker 1: They're writing, the unprecedented influx of arms to Ukraine is

800
00:42:33,520 --> 00:42:37,120
Speaker 1: prompting fears that powerful weapons could fall into the hands

801
00:42:37,160 --> 00:42:41,560
Speaker 1: of Western adversaries or re emerge in far away conflicts.

802
00:42:42,280 --> 00:42:46,040
Speaker 1: There's some really important analysis and pieces of information in

803
00:42:46,080 --> 00:42:48,759
Speaker 1: this article that I want to highlight for you. So

804
00:42:48,880 --> 00:42:51,320
Speaker 1: one thing they point to is the fact that Ukraine

805
00:42:51,360 --> 00:42:55,320
Speaker 1: for a while now has been a hub of black

806
00:42:55,360 --> 00:42:59,120
Speaker 1: market arm stealing. So they write, Ukraine's illicit arms market

807
00:42:59,160 --> 00:43:03,120
Speaker 1: has ballooned since Russia's initial invasion in twenty fourteen, bustered

808
00:43:03,320 --> 00:43:06,920
Speaker 1: buttressed by a surplus of loose weapons and limited controls

809
00:43:06,920 --> 00:43:10,640
Speaker 1: on their use. One arms control expert says, it is

810
00:43:10,840 --> 00:43:14,480
Speaker 1: just impossible to keep track of not only where they're

811
00:43:14,520 --> 00:43:17,080
Speaker 1: all going and who is using them, but how they

812
00:43:17,120 --> 00:43:20,680
Speaker 1: are being used of course, And you know, they point

813
00:43:20,680 --> 00:43:24,160
Speaker 1: to some of the ways that we've already potentially harmed

814
00:43:24,600 --> 00:43:29,040
Speaker 1: non proliferation in particular. You know, we talked about when

815
00:43:29,040 --> 00:43:31,800
Speaker 1: this happened, that the US boosted their involvement in Ukraine

816
00:43:32,200 --> 00:43:35,920
Speaker 1: by announcing they would transfer a fleet of seventeen helicopters

817
00:43:35,960 --> 00:43:39,600
Speaker 1: to Ukraine that originally purchased from Russia about a decade ago. Well,

818
00:43:39,680 --> 00:43:43,160
Speaker 1: when we originally made that purchase, we signed a contract

819
00:43:43,200 --> 00:43:47,000
Speaker 1: promising not to do exactly this, not to transfer any

820
00:43:47,040 --> 00:43:50,400
Speaker 1: of the helicopters to any third country without the approval

821
00:43:50,480 --> 00:43:54,279
Speaker 1: of the Russian Federation. Russia denounced that transfer, saying it

822
00:43:54,320 --> 00:43:58,120
Speaker 1: grossly violates the foundations of international law, and arms experts

823
00:43:58,160 --> 00:44:01,040
Speaker 1: say that Russia's brutal aggression, they say it more than

824
00:44:01,160 --> 00:44:04,800
Speaker 1: justifies US support, but that the violation of weapons contracts

825
00:44:04,880 --> 00:44:07,879
Speaker 1: can tip away at the foundations of counter proliferation efforts. Again,

826
00:44:08,120 --> 00:44:11,680
Speaker 1: these are things, so number one, the fact that Ukraine

827
00:44:11,760 --> 00:44:14,760
Speaker 1: has now for a while been a hub of illicit

828
00:44:15,160 --> 00:44:18,480
Speaker 1: arm sales that hasn't really been discussed yet. The fact

829
00:44:18,480 --> 00:44:21,040
Speaker 1: that this particular transfer, this didn't come up at all

830
00:44:21,280 --> 00:44:24,400
Speaker 1: when I didn't know these details until reading this article,

831
00:44:24,440 --> 00:44:27,480
Speaker 1: that this actually violated the terms of the contract and

832
00:44:27,560 --> 00:44:32,799
Speaker 1: could undermine the foundations of counter proliferation efforts. And you know,

833
00:44:32,920 --> 00:44:35,319
Speaker 1: just on the sheer numbers of this, so that you

834
00:44:35,360 --> 00:44:38,800
Speaker 1: get a sense, the assistance that we are providing to

835
00:44:39,040 --> 00:44:43,719
Speaker 1: Ukraine exceeds the peak year of US military assistance to

836
00:44:43,960 --> 00:44:47,960
Speaker 1: Askan security forces during the twenty Year War. This is

837
00:44:47,960 --> 00:44:50,960
Speaker 1: according to the Quincy Institute. They say, in that case,

838
00:44:51,239 --> 00:44:53,800
Speaker 1: the US had a major presence in country that created

839
00:44:53,880 --> 00:44:58,279
Speaker 1: at least the possibility of tracking where weapons were ending up.

840
00:44:58,320 --> 00:45:01,279
Speaker 1: By comparison, the US government is flying blind in terms

841
00:45:01,320 --> 00:45:04,239
Speaker 1: of monitoring weapons supplied to civilian militias in the military

842
00:45:04,320 --> 00:45:07,120
Speaker 1: in Ukraine. No one here is saying that the entire

843
00:45:07,200 --> 00:45:10,560
Speaker 1: Ukrainian military is made up of course these that's ridiculous.

844
00:45:10,760 --> 00:45:15,360
Speaker 1: Is there an extremist faction, fringe faction within these fighting

845
00:45:15,360 --> 00:45:18,319
Speaker 1: forces that is one hundred percent the case. Not to

846
00:45:18,400 --> 00:45:22,680
Speaker 1: mention some reports of foreign fighters flowing into the country,

847
00:45:22,800 --> 00:45:25,839
Speaker 1: not to mention a documented history of Ukraine serving as

848
00:45:25,840 --> 00:45:29,400
Speaker 1: a hub of illicit armstealing. And there seems to be

849
00:45:29,520 --> 00:45:33,239
Speaker 1: again no curiosity about this from very few of our

850
00:45:33,360 --> 00:45:37,920
Speaker 1: elected officials, very close to unanimous support, completely unanimous support

851
00:45:37,920 --> 00:45:40,840
Speaker 1: on the Democratic side, which is really disturbing and disgusting.

852
00:45:41,239 --> 00:45:43,960
Speaker 1: And again back to the theme of the NATO conversation,

853
00:45:44,719 --> 00:45:48,040
Speaker 1: none of this is being explained or submitted to the

854
00:45:48,080 --> 00:45:50,960
Speaker 1: American people for consideration. Here we like, however, like I

855
00:45:50,960 --> 00:45:55,200
Speaker 1: said the last show, why is Congress giving forty billion

856
00:45:55,239 --> 00:45:58,239
Speaker 1: when the administration asked for thirty three? So what does

857
00:45:58,280 --> 00:46:02,000
Speaker 1: Congress know that Biden and the Pentagon don't know, or

858
00:46:02,040 --> 00:46:05,719
Speaker 1: that Zelensky doesn't know? Can anybody answer? What's in that

859
00:46:05,800 --> 00:46:09,319
Speaker 1: extra seven and in that seven billion, that's a lot

860
00:46:09,360 --> 00:46:11,759
Speaker 1: of weapons. This is the point that we don't really

861
00:46:11,760 --> 00:46:14,200
Speaker 1: seem to emphasize seven billion. This is kind of like

862
00:46:14,239 --> 00:46:16,239
Speaker 1: the whole build back better conversation, where like three point

863
00:46:16,280 --> 00:46:18,279
Speaker 1: five trillion, Now it's two point five trillion. Oh, hold

864
00:46:18,320 --> 00:46:21,600
Speaker 1: on a second trillion? Of what that's what it means

865
00:46:21,640 --> 00:46:23,600
Speaker 1: to me? When I hear seven billion and then I

866
00:46:23,680 --> 00:46:28,799
Speaker 1: read the appropriations, I think, wow, that is nearly a

867
00:46:28,960 --> 00:46:31,960
Speaker 1: tenth of the modern increase in the defense budget, and

868
00:46:32,040 --> 00:46:36,160
Speaker 1: it allows President Biden with zero congressional approval to ship

869
00:46:36,239 --> 00:46:41,279
Speaker 1: eleven billion dollars worth of whatever he wants over to Kiev.

870
00:46:41,840 --> 00:46:44,160
Speaker 1: Now that's an issue for me because how many times

871
00:46:44,160 --> 00:46:48,480
Speaker 1: do we have to have this conversation Syria, Afghanistan, Iraq?

872
00:46:48,800 --> 00:46:52,000
Speaker 1: How many of these times that just named things that

873
00:46:52,040 --> 00:46:55,240
Speaker 1: happened in the last twenty years where we shipped billions

874
00:46:55,280 --> 00:46:58,280
Speaker 1: of dollars worth weapons and military aid and all this stuff,

875
00:46:58,400 --> 00:47:00,279
Speaker 1: and some of it, not all of it, although in

876
00:47:00,320 --> 00:47:02,520
Speaker 1: the case of Afghanistan, a lot of it ended up

877
00:47:02,520 --> 00:47:04,640
Speaker 1: in the hands of the black market and a lot

878
00:47:04,640 --> 00:47:07,520
Speaker 1: of the illicit places in some cases in the hands

879
00:47:07,520 --> 00:47:10,080
Speaker 1: of the Taliban in Iraq, in the cases of how

880
00:47:10,120 --> 00:47:11,920
Speaker 1: it was you know, basically sold off to a lot

881
00:47:11,960 --> 00:47:15,000
Speaker 1: of these militias, These Sunni militias, you know, happen to

882
00:47:15,040 --> 00:47:17,560
Speaker 1: also have some tized ISIS and Al Qaida. Don't talk

883
00:47:17,560 --> 00:47:20,560
Speaker 1: about that one. In Syria, oh you know, it's so

884
00:47:20,680 --> 00:47:23,000
Speaker 1: called Moderi rebels. Next thing, you know, it's up in

885
00:47:23,040 --> 00:47:26,240
Speaker 1: the hands of Jabatolnustra, which is in a al Qaeda spinoff,

886
00:47:26,640 --> 00:47:30,080
Speaker 1: or in the hands of some other extremist militia which

887
00:47:30,120 --> 00:47:32,520
Speaker 1: is on the ground. These things change hands and they

888
00:47:32,560 --> 00:47:35,279
Speaker 1: all just happened to come from Lockheed Martin or you know,

889
00:47:35,320 --> 00:47:39,280
Speaker 1: any of these other defense contractors. So that's the point.

890
00:47:39,520 --> 00:47:43,840
Speaker 1: Will this destabilize security in Eastern Europe? I think the

891
00:47:43,920 --> 00:47:48,920
Speaker 1: answer is unambiguously yes. Now is it worth it? Sure? Maybe? Uh,

892
00:47:49,080 --> 00:47:51,239
Speaker 1: we can have a debate on that. And yet there

893
00:47:51,320 --> 00:47:55,680
Speaker 1: is no tracking, there's no congressional oversight, there's none of this.

894
00:47:56,520 --> 00:47:58,399
Speaker 1: One of the most important things I learned in history

895
00:47:58,400 --> 00:48:03,000
Speaker 1: class was try to understand the conception of people who

896
00:48:03,040 --> 00:48:05,520
Speaker 1: are in living in the times and what they were thinking.

897
00:48:05,800 --> 00:48:07,839
Speaker 1: But one of the most important things is that since

898
00:48:07,840 --> 00:48:10,680
Speaker 1: we're living through this historical period, is should we not

899
00:48:10,840 --> 00:48:13,840
Speaker 1: incorporate our lessons of the past in the past. In

900
00:48:13,880 --> 00:48:16,640
Speaker 1: the nineteen eighty six, I could see myself being a

901
00:48:16,719 --> 00:48:18,560
Speaker 1: Charlie Wilson type figure and be like, yeah, you know,

902
00:48:18,640 --> 00:48:20,919
Speaker 1: well this is a just cause, got to get these

903
00:48:20,960 --> 00:48:23,839
Speaker 1: Afghans all this stuff. But then how can you live

904
00:48:24,000 --> 00:48:26,239
Speaker 1: through the breakdown of Afghanistan and the nineteen nineties in

905
00:48:26,280 --> 00:48:28,680
Speaker 1: the entire US military experience and say, yeah, you know,

906
00:48:28,719 --> 00:48:31,719
Speaker 1: we should probably really vet our partners in the midst

907
00:48:31,760 --> 00:48:34,840
Speaker 1: of this war, just in case some weapons fall in

908
00:48:34,920 --> 00:48:38,239
Speaker 1: the cans of somebody who is illiced, because oh, I

909
00:48:38,239 --> 00:48:40,640
Speaker 1: don't know, that might really come back to bite us.

910
00:48:40,680 --> 00:48:44,440
Speaker 1: And you know, it's just again and again, Libya, Syria, Afghanistan.

911
00:48:45,040 --> 00:48:48,120
Speaker 1: You know, as you said, already Libya was already a

912
00:48:48,239 --> 00:48:51,640
Speaker 1: hub for illicit weapons. So is Ukraine. You think there's

913
00:48:51,680 --> 00:48:53,799
Speaker 1: not a lot of sketchy characters in Ukraine who are

914
00:48:53,800 --> 00:48:55,640
Speaker 1: somehow stealing some of this stuff and selling it on

915
00:48:55,719 --> 00:48:58,680
Speaker 1: the black market, you'd be crazy. I wouldn't be surprised

916
00:48:58,680 --> 00:49:03,120
Speaker 1: if we start seeing US military supplied Ukrainian weapons in

917
00:49:03,320 --> 00:49:06,560
Speaker 1: Africa in some you know, crazy civil war that's happening

918
00:49:06,600 --> 00:49:09,320
Speaker 1: down there. That trade has existed for a long period

919
00:49:09,360 --> 00:49:11,680
Speaker 1: of time. So it's just look, we're going to grapple

920
00:49:11,719 --> 00:49:13,760
Speaker 1: with this five years from now, and you just remember

921
00:49:13,800 --> 00:49:16,400
Speaker 1: the temporary insanity that has taken over everybody's mind. That's

922
00:49:16,440 --> 00:49:18,560
Speaker 1: such a good point. It's such a great point because

923
00:49:19,239 --> 00:49:23,000
Speaker 1: you can't even remember when Ilhan did earlier on say

924
00:49:23,080 --> 00:49:25,040
Speaker 1: like one thing of like maybe we should think about it.

925
00:49:25,040 --> 00:49:28,720
Speaker 1: People like you're horrible and you're somehow racist against white people.

926
00:49:28,880 --> 00:49:31,719
Speaker 1: I mean, just like the ugliest things you could possibly

927
00:49:31,960 --> 00:49:33,840
Speaker 1: and then of course if you question any of this,

928
00:49:33,960 --> 00:49:37,880
Speaker 1: you're like Putin's puppet and you hate Ukrainians. It's the

929
00:49:38,280 --> 00:49:43,520
Speaker 1: terms of the debate become very reactionary, truly, and extremely simplistic.

930
00:49:44,680 --> 00:49:46,520
Speaker 1: You know, when you even raise a question of do

931
00:49:46,600 --> 00:49:49,640
Speaker 1: we really need to send like fifty four billion dollars

932
00:49:49,960 --> 00:49:52,320
Speaker 1: to Ukraine? And what's going to happen with this money

933
00:49:52,320 --> 00:49:53,880
Speaker 1: and where is it ultimately going to go? And to

934
00:49:54,000 --> 00:49:57,160
Speaker 1: that point. You know, I'm not a huge Rand Paul fan,

935
00:49:57,320 --> 00:49:59,359
Speaker 1: but he does occasionally do things that I think are

936
00:49:59,480 --> 00:50:02,240
Speaker 1: interesting and worthy, and this is one of those instances.

937
00:50:02,320 --> 00:50:04,239
Speaker 1: Let's go ahead and put this next piece up on

938
00:50:04,280 --> 00:50:07,920
Speaker 1: the screen. So he's actually stalled the forty billion in

939
00:50:08,120 --> 00:50:11,439
Speaker 1: a to Ukraine. Broken with Mitch McConnell on this because

940
00:50:11,480 --> 00:50:15,080
Speaker 1: there is mostly overwhelming bi partisan support. But in the Senate,

941
00:50:15,120 --> 00:50:18,480
Speaker 1: of course, is one senator you can really hold things up. Now,

942
00:50:18,480 --> 00:50:21,880
Speaker 1: what he is asking for is he wants an amendment

943
00:50:22,000 --> 00:50:25,239
Speaker 1: to be included in the final bill that allows for

944
00:50:25,320 --> 00:50:28,720
Speaker 1: an Inspector General to oversee how the funds are spent.

945
00:50:29,200 --> 00:50:32,400
Speaker 1: So he's not even saying don't do it. He's saying

946
00:50:32,760 --> 00:50:36,600
Speaker 1: how about we have some accountability for what's happening with

947
00:50:36,680 --> 00:50:40,200
Speaker 1: this money and who these weapons are going to, and

948
00:50:40,280 --> 00:50:43,200
Speaker 1: can we get some kind of a tracking system in

949
00:50:43,239 --> 00:50:45,279
Speaker 1: place so that we know what's going on here. And

950
00:50:45,320 --> 00:50:47,719
Speaker 1: by the way, some of the reports that came out

951
00:50:47,800 --> 00:50:50,919
Speaker 1: of the Inspector General with regards Afghanistan, it was really say,

952
00:50:50,960 --> 00:50:53,239
Speaker 1: it's one of the best things that ever had the

953
00:50:53,360 --> 00:50:56,600
Speaker 1: US government ever did. It was actually yeah, I mean, listen,

954
00:50:56,760 --> 00:51:01,040
Speaker 1: it didn't like stop the horror of what was happening,

955
00:51:01,080 --> 00:51:05,160
Speaker 1: but it least provided some transparency so that you could

956
00:51:05,320 --> 00:51:08,880
Speaker 1: educate the American people about the misuse of these funds

957
00:51:08,920 --> 00:51:10,680
Speaker 1: and what they were actually going to. And I think

958
00:51:10,680 --> 00:51:13,920
Speaker 1: that ended up being very important in ultimately forging the

959
00:51:14,040 --> 00:51:16,920
Speaker 1: end of that war. So go ahead, Yeah, I was

960
00:51:16,920 --> 00:51:19,120
Speaker 1: just gonna say, for me personally, CIGAR is one of

961
00:51:19,160 --> 00:51:21,920
Speaker 1: the most important organizations in the government that ever existed.

962
00:51:21,920 --> 00:51:25,239
Speaker 1: That was a Special Inspector General for Afghan reconstruction. They

963
00:51:25,320 --> 00:51:28,719
Speaker 1: were doing reports back in twenty ten. I remember being

964
00:51:28,719 --> 00:51:32,720
Speaker 1: in like college and watching Vice documentaries where Shane Smith

965
00:51:32,719 --> 00:51:35,520
Speaker 1: would go, you know, to some Afghan gas station that

966
00:51:35,560 --> 00:51:38,400
Speaker 1: we paid like three hundred million dollars for and John Soopko,

967
00:51:38,440 --> 00:51:40,399
Speaker 1: who was the head of Cigar, was the person who

968
00:51:40,400 --> 00:51:43,759
Speaker 1: reported on all of that. All Rand is saying is, hey,

969
00:51:44,200 --> 00:51:46,320
Speaker 1: let's have the same thing on your credit. No, no,

970
00:51:46,560 --> 00:51:48,399
Speaker 1: you can't. You can't have that, right, Let's at least

971
00:51:48,480 --> 00:51:50,640
Speaker 1: have an accounting. You know, let's say this stuff hands

972
00:51:50,680 --> 00:51:53,239
Speaker 1: up ends up in the hands of somebody really bad

973
00:51:53,280 --> 00:51:55,439
Speaker 1: in the future. You don't want to know about that. Well,

974
00:51:55,520 --> 00:51:57,759
Speaker 1: that's the thing. They don't want you to know about that.

975
00:51:58,080 --> 00:52:01,320
Speaker 1: There's nothing that would, you know, not make this more expeditious.

976
00:52:01,480 --> 00:52:03,400
Speaker 1: And I kind of just have to underscore it's not

977
00:52:03,520 --> 00:52:05,759
Speaker 1: that the cause of the Ukrainians isn't. Just listen, in

978
00:52:05,800 --> 00:52:07,839
Speaker 1: two thousand and three, it was a just cause, right,

979
00:52:07,880 --> 00:52:11,359
Speaker 1: Oh my god, Afghanistan, women's rights, all this stuff. Let's

980
00:52:11,360 --> 00:52:13,560
Speaker 1: prop it up. We're going to train these military. It's

981
00:52:13,560 --> 00:52:16,279
Speaker 1: all going to work out what happened. So this is

982
00:52:16,320 --> 00:52:19,000
Speaker 1: my point. You know, things can go south, both really

983
00:52:19,040 --> 00:52:21,600
Speaker 1: quickly and in the long term. And as a government,

984
00:52:21,680 --> 00:52:23,839
Speaker 1: you want to set yourself up such that you can

985
00:52:23,960 --> 00:52:27,200
Speaker 1: understand the consequences of your actions. But the people in

986
00:52:27,280 --> 00:52:29,080
Speaker 1: charge today don't want to be able to do that.

987
00:52:29,160 --> 00:52:32,279
Speaker 1: And it's even worse than that because Ultimately, the only

988
00:52:32,320 --> 00:52:35,880
Speaker 1: thing they're interested in is flooding the country with weapons

989
00:52:35,920 --> 00:52:37,960
Speaker 1: and keeping the war going. I mean, that is the

990
00:52:37,960 --> 00:52:41,000
Speaker 1: policy of the US government. They are not pushing for peace,

991
00:52:41,040 --> 00:52:44,240
Speaker 1: they are not pushing for a negotiated settlement. They want

992
00:52:44,280 --> 00:52:47,680
Speaker 1: to weaken Russia. They have I mean, you have Democratic

993
00:52:47,680 --> 00:52:51,319
Speaker 1: congressmen admitting that they are fighting a proxy war. There

994
00:52:51,320 --> 00:52:54,040
Speaker 1: was somewhere another politician that basically came out in admitted

995
00:52:54,080 --> 00:52:57,880
Speaker 1: Steenny horror. Stenny horror. Yeah, another Democratic congressman who admitted

996
00:52:57,880 --> 00:53:01,919
Speaker 1: the same thing. They are fighting a proxy war against Russia.

997
00:53:02,160 --> 00:53:04,400
Speaker 1: Did you sign up for that? Did we have a

998
00:53:04,400 --> 00:53:07,160
Speaker 1: public debate about that? Because if you had said that

999
00:53:07,320 --> 00:53:12,120
Speaker 1: at the beginning, you would have been considered to be crazy, outrageous,

1000
00:53:12,120 --> 00:53:15,279
Speaker 1: Putin's puppet. All of this stuff, And now here we are,

1001
00:53:15,560 --> 00:53:18,200
Speaker 1: and again, all of this is being presented as just

1002
00:53:18,400 --> 00:53:22,800
Speaker 1: a done deal PHATA compley with very little public discussion, debate,

1003
00:53:22,920 --> 00:53:27,719
Speaker 1: or input. And I think that's pretty disturbing. That's right. Okay,

1004
00:53:27,800 --> 00:53:29,560
Speaker 1: let's go ahead and move on here on Twitter. So

1005
00:53:29,640 --> 00:53:31,920
Speaker 1: this is still some pretty big news that Elon dropped

1006
00:53:31,960 --> 00:53:33,600
Speaker 1: over the weekend. Let's put it up there on the

1007
00:53:33,640 --> 00:53:37,000
Speaker 1: screen Elon tweeted something cryptic. He said that his Twitter

1008
00:53:37,040 --> 00:53:40,000
Speaker 1: deal is quote on hold, and as a result of that,

1009
00:53:40,360 --> 00:53:42,880
Speaker 1: what he said is was temporarily on hold because of

1010
00:53:42,960 --> 00:53:46,239
Speaker 1: concerns about fake accounts. Now there's been a lot of

1011
00:53:46,280 --> 00:53:49,080
Speaker 1: behind the scenes kind of parsing about what the hell

1012
00:53:49,520 --> 00:53:51,399
Speaker 1: all of this means. So let's put this next one

1013
00:53:51,440 --> 00:53:54,240
Speaker 1: actually up there on the screen because it's very important.

1014
00:53:54,480 --> 00:53:57,600
Speaker 1: And what Elon is pointing to is that whenever he

1015
00:53:57,760 --> 00:54:01,719
Speaker 1: agreed to buy Twitter, he said is that he would

1016
00:54:01,800 --> 00:54:06,440
Speaker 1: do so subject that Twitter disclose what exactly and how

1017
00:54:06,520 --> 00:54:11,040
Speaker 1: many fake accounts that they actually had. Now Twitter disclosed

1018
00:54:11,239 --> 00:54:14,480
Speaker 1: in their filing that they had about five percent or

1019
00:54:14,520 --> 00:54:17,680
Speaker 1: so of users that they believed were fake accounts. Now,

1020
00:54:17,719 --> 00:54:20,759
Speaker 1: obviously spam and fake are something that are a widespread

1021
00:54:20,760 --> 00:54:23,839
Speaker 1: industry challenge. But what Elon is basically challenging is saying

1022
00:54:23,880 --> 00:54:26,880
Speaker 1: that he thinks that Twitter's analysis there is flawed and

1023
00:54:26,880 --> 00:54:29,839
Speaker 1: that it may actually be much much higher because they

1024
00:54:29,920 --> 00:54:32,920
Speaker 1: keep pointing to their previous statements. And I think that

1025
00:54:32,960 --> 00:54:35,600
Speaker 1: the reason why is that Musk is saying that he's

1026
00:54:35,600 --> 00:54:37,720
Speaker 1: going to take a random sample of one hundred followers

1027
00:54:37,760 --> 00:54:39,680
Speaker 1: of Twitter and he's going to go ahead and invite

1028
00:54:39,719 --> 00:54:42,440
Speaker 1: many other people in order to do this, because it

1029
00:54:42,480 --> 00:54:46,160
Speaker 1: could challenge both the ability of the price, but also

1030
00:54:46,800 --> 00:54:49,799
Speaker 1: underscore that Twitter and them might be much more of

1031
00:54:49,800 --> 00:54:51,640
Speaker 1: a paper tiger than they were trying to let on

1032
00:54:51,680 --> 00:54:54,440
Speaker 1: in their initial public filing. So there's a lot of

1033
00:54:54,480 --> 00:54:57,600
Speaker 1: stuff going on here. Because number one, the stock market,

1034
00:54:57,719 --> 00:55:00,399
Speaker 1: if you may not have noticed, is significantly down, something

1035
00:55:00,440 --> 00:55:04,000
Speaker 1: that we have commented on. This affects Musk's ability in

1036
00:55:04,120 --> 00:55:06,960
Speaker 1: order to tap billions of dollars in loans against his

1037
00:55:07,040 --> 00:55:11,080
Speaker 1: existing stock. Also it affects Twitter's stock price. It could

1038
00:55:11,120 --> 00:55:15,120
Speaker 1: be subject that the entire price steal goes down if

1039
00:55:15,160 --> 00:55:18,640
Speaker 1: their ability or have the ability to renegotiate. Now, I

1040
00:55:18,680 --> 00:55:20,960
Speaker 1: want to emphasize the head of Twitter and the chairman

1041
00:55:21,000 --> 00:55:22,719
Speaker 1: of the board over there said that they are still

1042
00:55:22,760 --> 00:55:25,839
Speaker 1: committed to an acquisition. Elon said he's still committed to

1043
00:55:25,880 --> 00:55:28,840
Speaker 1: an acquisition. There could be some behind the scenes jockeying

1044
00:55:28,880 --> 00:55:31,759
Speaker 1: in order to reduce the price significantly given the fact

1045
00:55:31,760 --> 00:55:34,959
Speaker 1: that everybody's equity has gone way way down. Twitter stock,

1046
00:55:35,080 --> 00:55:37,759
Speaker 1: you know, also getting hammered in the result of all

1047
00:55:37,840 --> 00:55:40,840
Speaker 1: of this. So it could be both the financial play,

1048
00:55:41,200 --> 00:55:43,439
Speaker 1: but also it could be the Elon really has them

1049
00:55:43,480 --> 00:55:47,160
Speaker 1: caught in at least an internal analysis of Oh, these

1050
00:55:47,160 --> 00:55:49,200
Speaker 1: guys have been lying about the number of fake accounts

1051
00:55:49,239 --> 00:55:51,239
Speaker 1: and users that are actually on the website, and that

1052
00:55:51,280 --> 00:55:55,000
Speaker 1: matters for advertising and business purposes. That he's already, as

1053
00:55:55,000 --> 00:55:58,640
Speaker 1: we know, promised his existing investors multi billions of dollars

1054
00:55:58,680 --> 00:56:00,520
Speaker 1: worth of returns which would be or in terms of

1055
00:56:00,520 --> 00:56:02,440
Speaker 1: the number of users. Yeah, what do you think are

1056
00:56:02,520 --> 00:56:05,200
Speaker 1: the percent of spam or bought account There's no way

1057
00:56:05,239 --> 00:56:07,799
Speaker 1: to know. I mean, yeah, I've noticed on Instagram. I'm

1058
00:56:07,840 --> 00:56:09,400
Speaker 1: not sure if you have. I mean, the amount of

1059
00:56:09,520 --> 00:56:14,280
Speaker 1: auto repairs at porn bots and all this stuff. Everything

1060
00:56:14,320 --> 00:56:16,600
Speaker 1: you post ends up with a number of them in

1061
00:56:16,640 --> 00:56:19,120
Speaker 1: the comments, like oh you want to earn money? Yeah, exactly,

1062
00:56:19,719 --> 00:56:21,000
Speaker 1: and I have to go and delete them. I don't

1063
00:56:21,000 --> 00:56:22,840
Speaker 1: want people. I mean, I should probably trust people not

1064
00:56:22,920 --> 00:56:25,000
Speaker 1: to fall for that stuff. But still, I mean, first

1065
00:56:25,000 --> 00:56:27,319
Speaker 1: of all, I think it looks annoying. But second, yeah,

1066
00:56:27,320 --> 00:56:29,719
Speaker 1: I mean I noticed, like I'll personally, I'm sorry, I

1067
00:56:29,719 --> 00:56:32,480
Speaker 1: trust you're just going to have to through that yourself. Yeah,

1068
00:56:32,520 --> 00:56:34,760
Speaker 1: But I post on Instagram and then within two minutes

1069
00:56:34,800 --> 00:56:37,200
Speaker 1: I have like ten comments, and you know, most of

1070
00:56:37,239 --> 00:56:39,560
Speaker 1: them are bots with auto likes and stuff in order

1071
00:56:39,560 --> 00:56:41,600
Speaker 1: to propel it up there. I think this is a

1072
00:56:41,640 --> 00:56:44,279
Speaker 1: lot more sophisticated in a much bigger number then we'll

1073
00:56:44,280 --> 00:56:46,440
Speaker 1: probably ever know. I think it's the entire industry. I

1074
00:56:46,440 --> 00:56:48,520
Speaker 1: guess the thing with Twitter, though, I just I don't

1075
00:56:48,600 --> 00:56:52,560
Speaker 1: know that. Obviously, bought accounts are annoying and a problem,

1076
00:56:52,680 --> 00:56:57,080
Speaker 1: but the true value proposition of Twitter is that it's

1077
00:56:57,239 --> 00:57:02,880
Speaker 1: the hub for elite disc and whether the bod account

1078
00:57:02,960 --> 00:57:06,160
Speaker 1: number is like five percent or eight percent or ten

1079
00:57:06,200 --> 00:57:10,680
Speaker 1: percent or whatever doesn't really change that. So I don't know.

1080
00:57:10,760 --> 00:57:12,279
Speaker 1: I mean, I guess I could see it as sort

1081
00:57:12,320 --> 00:57:15,080
Speaker 1: of like a bargaining position. I could also see it

1082
00:57:15,080 --> 00:57:17,480
Speaker 1: as a potential excuse and way to get out of

1083
00:57:17,520 --> 00:57:22,120
Speaker 1: the whole thing. So I don't really take Elon particularly

1084
00:57:22,200 --> 00:57:24,200
Speaker 1: at his word, because he's thrown out a lot of

1085
00:57:24,200 --> 00:57:26,960
Speaker 1: stuff in the past that ends up not coming to fruition.

1086
00:57:27,560 --> 00:57:29,480
Speaker 1: So I guess my view on all of this is

1087
00:57:29,520 --> 00:57:31,080
Speaker 1: just kind of a wait and see. Yeah, it is.

1088
00:57:31,240 --> 00:57:33,640
Speaker 1: It is a wait and see. I do think there

1089
00:57:33,720 --> 00:57:37,720
Speaker 1: is something going on here in terms of the financial

1090
00:57:38,080 --> 00:57:41,120
Speaker 1: back room stuff, because the internal nego just the level.

1091
00:57:41,160 --> 00:57:43,280
Speaker 1: I mean, there's been a significant drop in the price

1092
00:57:43,280 --> 00:57:47,640
Speaker 1: of Tesla as the stock. Obviously, the entire tech sector

1093
00:57:47,680 --> 00:57:50,760
Speaker 1: is getting hammered from what I heard and what we've

1094
00:57:50,840 --> 00:57:55,560
Speaker 1: versonally opened with. You know, there are so many economic

1095
00:57:55,640 --> 00:57:58,800
Speaker 1: downturns happening in the tech sector, which is way out

1096
00:57:58,800 --> 00:58:01,160
Speaker 1: pacing the S and P five hundred, and then if

1097
00:58:01,200 --> 00:58:04,400
Speaker 1: you think about the private markets, this affects actually a

1098
00:58:04,440 --> 00:58:07,320
Speaker 1: lot of people's ability to tap wide swats of capital,

1099
00:58:07,360 --> 00:58:11,320
Speaker 1: which they usually get on loans, So the underlying assets

1100
00:58:11,320 --> 00:58:13,840
Speaker 1: that they're borrowing against there a lot down. All I

1101
00:58:13,840 --> 00:58:16,360
Speaker 1: would say is there's probably a lot more going on

1102
00:58:16,400 --> 00:58:20,360
Speaker 1: behind it. You're saying his personal finances and his financing

1103
00:58:20,600 --> 00:58:22,960
Speaker 1: is on somewhat shakier ground. I think the same time

1104
00:58:23,000 --> 00:58:26,480
Speaker 1: Twitter too. At the same time, Twitter is on their

1105
00:58:26,520 --> 00:58:28,800
Speaker 1: market cap worth a lot less than they used to be.

1106
00:58:29,280 --> 00:58:32,240
Speaker 1: So this is a way of saying, we gotta cut

1107
00:58:32,240 --> 00:58:34,800
Speaker 1: the price, and it's kind of seizing on something that

1108
00:58:34,840 --> 00:58:37,600
Speaker 1: they may have misrepresented in their filings. That gives him

1109
00:58:37,600 --> 00:58:40,040
Speaker 1: an angle to try to push that or I mean,

1110
00:58:40,040 --> 00:58:43,680
Speaker 1: it potentially could be an ability for him to just

1111
00:58:43,760 --> 00:58:46,040
Speaker 1: walk away all together and say, you know it wasn't

1112
00:58:46,080 --> 00:58:48,120
Speaker 1: as represented. Oh I'm moving on the only reason I

1113
00:58:48,160 --> 00:58:50,280
Speaker 1: don't thing that will happen is that to do walk

1114
00:58:50,320 --> 00:58:53,240
Speaker 1: away he would have to personally eat a billion in cash,

1115
00:58:53,280 --> 00:58:55,960
Speaker 1: which just there's a billion dollar termination fee on the

1116
00:58:56,120 --> 00:58:58,720
Speaker 1: entire deal, so that just see, I mean that seems

1117
00:58:58,840 --> 00:59:00,720
Speaker 1: very high. I mean that being said, is worth I

1118
00:59:00,720 --> 00:59:02,880
Speaker 1: forget exactly what's worth right now, but somewhere in the

1119
00:59:02,880 --> 00:59:04,680
Speaker 1: neighborhood of two hundred and fifty billion, So it's not

1120
00:59:04,840 --> 00:59:06,760
Speaker 1: it wouldn't be then other way recently sold I think

1121
00:59:06,880 --> 00:59:09,280
Speaker 1: nine billion dollars worth of stock, but I don't know

1122
00:59:09,280 --> 00:59:11,440
Speaker 1: the last time. Elon Musk just chucked a billion dollars

1123
00:59:11,440 --> 00:59:14,480
Speaker 1: away for no reason whatsoever. So there you go. That's

1124
00:59:14,520 --> 00:59:16,800
Speaker 1: all sides of kind of what's happening here. I encourage

1125
00:59:16,800 --> 00:59:19,000
Speaker 1: people to do a little bit more investigation because I

1126
00:59:19,000 --> 00:59:21,160
Speaker 1: do think the financing angle on all this is the

1127
00:59:21,280 --> 00:59:24,320
Speaker 1: deepest art which is not really being explored in the

1128
00:59:24,360 --> 00:59:28,920
Speaker 1: mainstream press. Okay, interesting new polling about how the midterm

1129
00:59:29,000 --> 00:59:32,760
Speaker 1: landscape is shaking out now that we know the end

1130
00:59:32,800 --> 00:59:35,960
Speaker 1: of row appears to be imminent. New pulling from NBC.

1131
00:59:36,120 --> 00:59:37,880
Speaker 1: Let's go ahead and put this up on the screen.

1132
00:59:38,200 --> 00:59:40,800
Speaker 1: They say support for abortion rights hits new high as

1133
00:59:40,840 --> 00:59:43,560
Speaker 1: midterm look is grim for Democrats, So they've kind of

1134
00:59:43,560 --> 00:59:46,479
Speaker 1: got it all in the headline there that yeah, people

1135
00:59:46,520 --> 00:59:50,640
Speaker 1: support abortion rights. They are by nearly two thirds to

1136
00:59:50,760 --> 00:59:54,160
Speaker 1: one third opposed to the US Supreme Court overturning Roe

1137
00:59:54,240 --> 00:59:56,880
Speaker 1: versus Weight, So Democrats definitely on the correct side of

1138
00:59:56,880 --> 01:00:01,600
Speaker 1: public opinion on the issue of abortion. However, things still

1139
01:00:01,600 --> 01:00:07,520
Speaker 1: not looking great for Democrats in particular. Listen, the economy

1140
01:00:07,760 --> 01:00:11,760
Speaker 1: is the big story here. You have President Joe Biden's

1141
01:00:11,800 --> 01:00:14,920
Speaker 1: job rating has fallen down below forty percent, and you

1142
01:00:15,000 --> 01:00:18,240
Speaker 1: have and this is incredible, seventy five percent of Americans

1143
01:00:18,240 --> 01:00:20,720
Speaker 1: saying the country's had in the wrong direction. Now, the

1144
01:00:20,760 --> 01:00:25,400
Speaker 1: one positive indicator here for Democrats is that Democratic base

1145
01:00:25,520 --> 01:00:29,120
Speaker 1: voter interest in the midterms has increased. It went from

1146
01:00:29,280 --> 01:00:31,840
Speaker 1: fifty percent in March saying they had a high level

1147
01:00:31,840 --> 01:00:35,000
Speaker 1: of interest to eat to sixty one percent now, so

1148
01:00:35,040 --> 01:00:37,920
Speaker 1: an eleven percentage point gain. So that kind of fits

1149
01:00:37,960 --> 01:00:40,280
Speaker 1: with our analysis of saying, look, I'm on margins, are

1150
01:00:40,280 --> 01:00:44,480
Speaker 1: Democrats going to be more energized? Probably so, but Republicans

1151
01:00:44,520 --> 01:00:48,360
Speaker 1: still outpacing them in terms of enthusiasm. They were at

1152
01:00:48,400 --> 01:00:50,840
Speaker 1: sixty seven percent now they're at sixty nine percent, so

1153
01:00:50,880 --> 01:00:53,440
Speaker 1: the abortion decision hasn't really changed the game for them,

1154
01:00:53,440 --> 01:00:56,760
Speaker 1: but they were already at higher levels of interest for

1155
01:00:56,800 --> 01:00:59,520
Speaker 1: the election than Democrats. So now Republicans at sixty nine

1156
01:00:59,520 --> 01:01:03,320
Speaker 1: percent in Democrats at sixty one percent. Let's go ahead

1157
01:01:03,320 --> 01:01:05,040
Speaker 1: and put this next piece up on the screen. Another

1158
01:01:05,080 --> 01:01:08,240
Speaker 1: warning sign for Democrats. Voters are split over who they

1159
01:01:08,240 --> 01:01:10,480
Speaker 1: want controlling Congress forty six to forty six. Now, you

1160
01:01:10,560 --> 01:01:12,479
Speaker 1: might say, on its face, like, well, that seems okay.

1161
01:01:12,560 --> 01:01:14,600
Speaker 1: I mean, if they're basically tied, then how could that

1162
01:01:14,640 --> 01:01:18,480
Speaker 1: be so bad? But in twenty ten, Republicans had just

1163
01:01:18,560 --> 01:01:21,480
Speaker 1: a two point lead on this question. They end up

1164
01:01:21,760 --> 01:01:25,200
Speaker 1: ended up gaining six Senate seats and sixty three House

1165
01:01:25,200 --> 01:01:28,120
Speaker 1: seats because of the way that these district lines are

1166
01:01:28,240 --> 01:01:31,760
Speaker 1: drawn and because of you know, the way like rural

1167
01:01:31,840 --> 01:01:35,200
Speaker 1: voters are have disproportionate power in terms of the Senate.

1168
01:01:35,520 --> 01:01:39,600
Speaker 1: That means Democrats have to outperform on that generic ballot

1169
01:01:39,640 --> 01:01:42,640
Speaker 1: test in order to just sort of maintain control or

1170
01:01:42,680 --> 01:01:44,920
Speaker 1: stay steady with where they are. Yeah, I think that's right,

1171
01:01:44,960 --> 01:01:46,840
Speaker 1: And let's put this next one up there on the screen,

1172
01:01:46,920 --> 01:01:49,440
Speaker 1: which just shows you you found this really interesting in

1173
01:01:49,520 --> 01:01:53,160
Speaker 1: terms of the most important issue in congressional vote. And

1174
01:01:53,200 --> 01:01:56,640
Speaker 1: you can just see there that the economy remains very,

1175
01:01:56,840 --> 01:02:00,640
Speaker 1: very high, the difficulty for paying groceries and other bills,

1176
01:02:00,680 --> 01:02:03,720
Speaker 1: but abortion also remains up there as well. This is

1177
01:02:03,800 --> 01:02:07,320
Speaker 1: in comparison to twenty eighteen. The biggest difference I see

1178
01:02:07,440 --> 01:02:10,240
Speaker 1: is that in twenty eighteen, as you can see, healthcare

1179
01:02:10,600 --> 01:02:13,800
Speaker 1: was the top issue. It's so funny too, because at

1180
01:02:13,800 --> 01:02:16,840
Speaker 1: the time, and I'm sure you remember this, the mainstream

1181
01:02:16,880 --> 01:02:19,880
Speaker 1: press was trying to make it all about Trump, and

1182
01:02:20,080 --> 01:02:24,440
Speaker 1: the reality was is that Republicans trying to repeal Obamacare

1183
01:02:24,640 --> 01:02:27,160
Speaker 1: was the number one policy issue in the election. Like

1184
01:02:27,200 --> 01:02:29,320
Speaker 1: if you wouldn't ask people, why did you vote for

1185
01:02:29,360 --> 01:02:32,560
Speaker 1: Kristen Cinema over Martha McSally, they're like, well, Martha McSally

1186
01:02:32,760 --> 01:02:35,400
Speaker 1: tried to repeal Obamacare, and Martin mccally even said that

1187
01:02:35,400 --> 01:02:37,920
Speaker 1: she's like, my vote on Obamacare is killing me. The

1188
01:02:37,960 --> 01:02:40,600
Speaker 1: second one there was immigration, which was very hot there

1189
01:02:40,800 --> 01:02:44,640
Speaker 1: at the time. The fact that the whole migrant caravan conversation. Yeah,

1190
01:02:44,680 --> 01:02:46,440
Speaker 1: well I think it was legit of my conversation. But

1191
01:02:46,560 --> 01:02:48,640
Speaker 1: you know, you go and put this put that back

1192
01:02:48,720 --> 01:02:50,840
Speaker 1: up there because I do think it's important look at

1193
01:02:50,920 --> 01:02:54,760
Speaker 1: how high the economy and abortion remain in this election

1194
01:02:55,280 --> 01:02:59,120
Speaker 1: compared to the previous ones. And these are just unquestionably

1195
01:02:59,480 --> 01:03:02,480
Speaker 1: ones where as long as people care about the economy more,

1196
01:03:02,760 --> 01:03:05,200
Speaker 1: that's going to be the main driver of the conversation.

1197
01:03:05,400 --> 01:03:09,080
Speaker 1: But abortion being so high as previously where it was

1198
01:03:09,120 --> 01:03:11,360
Speaker 1: only at nine percent in twenty eighteen, is going to

1199
01:03:11,480 --> 01:03:15,440
Speaker 1: give Dems, I think, the edge in states where it

1200
01:03:15,560 --> 01:03:17,920
Speaker 1: might have been on the most bleeding edge of a

1201
01:03:17,920 --> 01:03:21,320
Speaker 1: Republican win. Crystal. I think, like in suburban areas, this

1202
01:03:21,360 --> 01:03:26,520
Speaker 1: helps Democrats avoid some significant losses. I also we are

1203
01:03:26,560 --> 01:03:28,680
Speaker 1: starting to see this and we'll talk more to our

1204
01:03:28,720 --> 01:03:32,800
Speaker 1: election analyst about this, but Republicans are in danger of

1205
01:03:32,920 --> 01:03:38,040
Speaker 1: nominating some pretty extreme figures, including who may have like

1206
01:03:38,120 --> 01:03:41,320
Speaker 1: fairly extreme views in terms of abortion that are really

1207
01:03:41,400 --> 01:03:43,560
Speaker 1: out of step with swing states. You know, a state

1208
01:03:43,640 --> 01:03:46,520
Speaker 1: like Pennsylvania, which I thought was pretty much not going

1209
01:03:46,560 --> 01:03:50,600
Speaker 1: to be in play for Democrats, could potentially be if

1210
01:03:50,760 --> 01:03:54,240
Speaker 1: Republicans nominate the wrong figure. So you do have a

1211
01:03:54,360 --> 01:03:57,840
Speaker 1: and there are some gubernatorial races also in Pennsylvania goobernatorial

1212
01:03:57,920 --> 01:04:00,880
Speaker 1: race there where the canon who's in the leader who

1213
01:04:00,920 --> 01:04:04,080
Speaker 1: just got the Trump endorsement, is pretty fringe in terms

1214
01:04:04,120 --> 01:04:05,720
Speaker 1: of their views and has made a lot of like

1215
01:04:05,880 --> 01:04:08,320
Speaker 1: very incendiary comments that may not play well in the

1216
01:04:08,600 --> 01:04:12,680
Speaker 1: suburbs in Pennsylvania. So I do think that on the margins,

1217
01:04:13,200 --> 01:04:16,800
Speaker 1: it will help Democrats stem what could have been like

1218
01:04:17,520 --> 01:04:21,439
Speaker 1: historic losses for their party. Is it going to turn

1219
01:04:21,480 --> 01:04:25,000
Speaker 1: things around for them? No, not really, because ultimately, you know,

1220
01:04:25,200 --> 01:04:28,240
Speaker 1: you have massive numbers of people saying that the country's

1221
01:04:28,240 --> 01:04:30,480
Speaker 1: on the wrong track, that the economy is getting worse,

1222
01:04:30,560 --> 01:04:34,600
Speaker 1: that are fearful of a recession. Who are you know,

1223
01:04:34,680 --> 01:04:38,840
Speaker 1: being hit really hard by inflation, And I just don't

1224
01:04:38,880 --> 01:04:43,480
Speaker 1: see that reality. There's no messaging that can overcome that. Yeah, right,

1225
01:04:43,600 --> 01:04:45,600
Speaker 1: I mean, I know Joe Biden is out there trying

1226
01:04:45,720 --> 01:04:49,920
Speaker 1: with this ultra maga agenda and putin price hike and

1227
01:04:50,240 --> 01:04:51,919
Speaker 1: Soccer is going to be breaking all of that down

1228
01:04:51,960 --> 01:04:55,240
Speaker 1: in his monologue, But it's really not a messaging issue

1229
01:04:55,280 --> 01:04:56,800
Speaker 1: and the reality is not going to turn around for

1230
01:04:56,880 --> 01:04:59,240
Speaker 1: people by the fall. So that's where things stand. I

1231
01:04:59,280 --> 01:05:02,080
Speaker 1: just checked gas. I just hit another all time high today.

1232
01:05:02,120 --> 01:05:04,880
Speaker 1: The average price of gas in the state of California

1233
01:05:05,040 --> 01:05:07,520
Speaker 1: is five dollars and ninety eight cents a gallon. Okay,

1234
01:05:07,640 --> 01:05:12,560
Speaker 1: that's crazy town. In Texas a gas it's four dollars

1235
01:05:12,760 --> 01:05:15,720
Speaker 1: and fifteen cents. The cheapest gas in the country is

1236
01:05:15,720 --> 01:05:18,920
Speaker 1: in Georgia, where it's three dollars and ninety nine cents

1237
01:05:19,080 --> 01:05:21,560
Speaker 1: a gallon, which means that basically the cheapest gas in

1238
01:05:21,600 --> 01:05:24,880
Speaker 1: this country is four bucks a gallon, and for millions

1239
01:05:24,880 --> 01:05:27,600
Speaker 1: and millions of people, myself included in yours as well.

1240
01:05:27,760 --> 01:05:30,680
Speaker 1: Here on the East Coast, we're paying well over four fifty.

1241
01:05:30,800 --> 01:05:34,560
Speaker 1: And in California they are just getting completely hosed. So

1242
01:05:34,880 --> 01:05:37,040
Speaker 1: as long as that remains the reality, they're going to

1243
01:05:37,080 --> 01:05:40,040
Speaker 1: have a tough time in the election. Diesel also remains

1244
01:05:40,240 --> 01:05:42,520
Speaker 1: at five point fifty a gallon, and food inflation and

1245
01:05:42,520 --> 01:05:45,480
Speaker 1: all that stuff isn't going away. It's a basic problem.

1246
01:05:45,560 --> 01:05:48,240
Speaker 1: You can either focus on that or you can blame Putin,

1247
01:05:48,320 --> 01:05:50,440
Speaker 1: and I'll talk about that more in my monologue. Let's

1248
01:05:50,440 --> 01:05:52,640
Speaker 1: go to the next one here on Netflix. This is

1249
01:05:52,680 --> 01:05:55,240
Speaker 1: an important story and interesting one in terms of the

1250
01:05:55,240 --> 01:05:57,400
Speaker 1: culture and how this is all working out. Let's put

1251
01:05:57,400 --> 01:06:00,360
Speaker 1: this up there on the screen. Netflix basically is shooed

1252
01:06:00,400 --> 01:06:05,200
Speaker 1: a memo to its entire staff where in a very

1253
01:06:05,240 --> 01:06:09,520
Speaker 1: polite way they say, it's not actually that polite. It's basically,

1254
01:06:10,040 --> 01:06:13,080
Speaker 1: if you disagree with what we are putting out, you

1255
01:06:13,120 --> 01:06:15,720
Speaker 1: can leave. So here's what they say. As employees, we

1256
01:06:15,760 --> 01:06:19,080
Speaker 1: support the principle that Netflix offers a diversity of stories,

1257
01:06:19,320 --> 01:06:21,680
Speaker 1: even if we find some titles counter to our own

1258
01:06:21,720 --> 01:06:24,880
Speaker 1: personal values. Depending on your role, you may need to

1259
01:06:24,920 --> 01:06:27,600
Speaker 1: work on titles you perceive to be harmful. If you

1260
01:06:27,640 --> 01:06:30,440
Speaker 1: find it hard to support our content, breath, Netflix may

1261
01:06:30,480 --> 01:06:33,400
Speaker 1: not be the best place for you. And that went

1262
01:06:33,480 --> 01:06:36,600
Speaker 1: out to all of its staff also with the basic

1263
01:06:36,600 --> 01:06:39,040
Speaker 1: acknowledgment that a lot of the people who led these

1264
01:06:39,160 --> 01:06:43,600
Speaker 1: internal revolts around the Dave Chappelle special have already been fired.

1265
01:06:43,920 --> 01:06:47,200
Speaker 1: And I think it's actually an important demarcation line in

1266
01:06:47,240 --> 01:06:49,840
Speaker 1: some of these culture war fights, which is that at

1267
01:06:49,840 --> 01:06:51,920
Speaker 1: the end of the day, the vast majority of the

1268
01:06:51,920 --> 01:06:54,520
Speaker 1: people who work at these companies do not care either way.

1269
01:06:54,840 --> 01:06:59,120
Speaker 1: Are they liberal? Yeah? Probably? Did they really object to

1270
01:06:59,200 --> 01:07:02,320
Speaker 1: the Dave Chappelle Maybe, But did they perceive it as

1271
01:07:02,600 --> 01:07:06,480
Speaker 1: personally harmful to their ability in order to conduct their jobs. No.

1272
01:07:06,840 --> 01:07:10,760
Speaker 1: This actually same happened at Disney when this whole Florida

1273
01:07:10,920 --> 01:07:13,760
Speaker 1: speaking out against this, which has led to a massive

1274
01:07:13,760 --> 01:07:15,960
Speaker 1: decline in their popularity. You know, right now they only

1275
01:07:15,960 --> 01:07:18,560
Speaker 1: have fifty three percent approval, which is nuts, considering is

1276
01:07:18,560 --> 01:07:21,000
Speaker 1: probably one of the most beloved brands in modern American history.

1277
01:07:21,240 --> 01:07:23,720
Speaker 1: Then you also look at Apple, which forced out my

1278
01:07:23,800 --> 01:07:26,800
Speaker 1: friend Antonio Garcia Martinez based upon some things that he

1279
01:07:26,880 --> 01:07:29,200
Speaker 1: wrote in his book A Decade Ago, of which Apple

1280
01:07:29,320 --> 01:07:32,080
Speaker 1: was aware of. It is my tiny small percentage of

1281
01:07:32,080 --> 01:07:35,200
Speaker 1: Apple staffers who you know, called him a misogynist. They

1282
01:07:35,240 --> 01:07:37,520
Speaker 1: fired him, and now they fired all the people who

1283
01:07:37,600 --> 01:07:40,600
Speaker 1: went and organized that petition. And like I said, it's

1284
01:07:40,720 --> 01:07:44,439
Speaker 1: always been a tiny little percentage of these companies which

1285
01:07:44,440 --> 01:07:46,920
Speaker 1: have held them majority hostage. And I think a lot

1286
01:07:46,920 --> 01:07:49,440
Speaker 1: of people I think maybe also this has to do

1287
01:07:49,480 --> 01:07:51,919
Speaker 1: with the declining stock price. I'm curious for your view,

1288
01:07:52,000 --> 01:07:54,400
Speaker 1: which is they don't have time to screw around with

1289
01:07:54,480 --> 01:07:57,600
Speaker 1: this stuff anymore. They can't indulge people's feeding. They're like, listen,

1290
01:07:57,760 --> 01:07:59,680
Speaker 1: we got to produce whatever we need to produce in

1291
01:07:59,760 --> 01:08:06,920
Speaker 1: order to to up the stock. They're bleeding subscribers these shows. Yeah,

1292
01:08:06,960 --> 01:08:11,080
Speaker 1: they're considering an ad driven model instead of a subscription

1293
01:08:11,200 --> 01:08:14,960
Speaker 1: driven model. Yeah, which does kind of suck. I mean, uh, listen,

1294
01:08:15,080 --> 01:08:18,960
Speaker 1: I support the sentiment. What I would say, uh, you know,

1295
01:08:19,320 --> 01:08:23,240
Speaker 1: my own personal ideological view is I believe in democracy

1296
01:08:23,240 --> 01:08:25,439
Speaker 1: in the workplace as well, and so I think to

1297
01:08:25,520 --> 01:08:28,280
Speaker 1: your point, if you had, you know, workers with more

1298
01:08:28,280 --> 01:08:30,280
Speaker 1: of a say in the runnings of these companies, you

1299
01:08:30,320 --> 01:08:33,120
Speaker 1: would have a sort of internal process for handling these

1300
01:08:33,200 --> 01:08:36,080
Speaker 1: disputes and handling these grievances, and so it wouldn't have

1301
01:08:36,120 --> 01:08:38,599
Speaker 1: to come down as just like a fiat from unhigh

1302
01:08:38,640 --> 01:08:42,120
Speaker 1: from some like CEO dictator. And that really struck me

1303
01:08:42,160 --> 01:08:46,160
Speaker 1: when another part of the memo the newsletter reminded laborers

1304
01:08:46,200 --> 01:08:48,479
Speaker 1: that the company does not intend to treat them like

1305
01:08:48,560 --> 01:08:52,920
Speaker 1: family members, but rather like whyonhearted sportsmen on an award

1306
01:08:52,960 --> 01:08:56,400
Speaker 1: winning athletic dream team, one on which any player can

1307
01:08:56,439 --> 01:08:59,160
Speaker 1: easily be benched or booted. So basically just kind of

1308
01:08:59,200 --> 01:09:03,160
Speaker 1: typical like using corporate spin to say we can fire

1309
01:09:03,240 --> 01:09:06,200
Speaker 1: you at any time for any reason, which unfortunately is

1310
01:09:06,200 --> 01:09:08,920
Speaker 1: the landscape. I think that's fair, and I totally obviously

1311
01:09:08,960 --> 01:09:11,920
Speaker 1: you know, on the side, right, but I do think

1312
01:09:11,960 --> 01:09:15,280
Speaker 1: there is something to ending this family dynamic for a

1313
01:09:15,320 --> 01:09:17,880
Speaker 1: lot of people at these major technoll this can be

1314
01:09:17,960 --> 01:09:21,040
Speaker 1: kind of abusive as well. Yeah, because they're like, you're

1315
01:09:21,120 --> 01:09:23,240
Speaker 1: our family. We eat dinner together, and by that, you

1316
01:09:23,280 --> 01:09:24,960
Speaker 1: better be at this office in order to have dinner

1317
01:09:25,000 --> 01:09:27,080
Speaker 1: a right eight o'clock. That can be very That can

1318
01:09:27,120 --> 01:09:29,840
Speaker 1: also be very manipulative because then it's like, and you

1319
01:09:29,880 --> 01:09:34,640
Speaker 1: see this in the like the union busting rhetoric that

1320
01:09:34,680 --> 01:09:37,720
Speaker 1: they'll use. You'll have a manager come in and be like, oh,

1321
01:09:37,720 --> 01:09:39,760
Speaker 1: how could you do this to me? I thought we

1322
01:09:39,760 --> 01:09:43,120
Speaker 1: were like family, Like how I treated you. They'll use

1323
01:09:43,200 --> 01:09:47,160
Speaker 1: this sort of like guilt and emotional manipulation to have

1324
01:09:47,240 --> 01:09:50,360
Speaker 1: you work ridiculous hours or do things that make no

1325
01:09:50,520 --> 01:09:53,400
Speaker 1: sense whatsoever. So yeah, in general, I just you know,

1326
01:09:53,520 --> 01:09:55,920
Speaker 1: I support workplace democracy and workers have to say in

1327
01:09:55,920 --> 01:09:57,640
Speaker 1: the workplaces. And to your point, I think if that

1328
01:09:57,760 --> 01:10:02,960
Speaker 1: happened this very uh, the these very small fringe viewpoints

1329
01:10:03,360 --> 01:10:06,760
Speaker 1: could be heard, which they you know, trying for them

1330
01:10:06,800 --> 01:10:09,160
Speaker 1: to be heard, addressed and dealt with, and I think

1331
01:10:09,160 --> 01:10:11,360
Speaker 1: it would be more clear that actually the majority of

1332
01:10:11,439 --> 01:10:14,800
Speaker 1: workers don't feel the way that they do, you know,

1333
01:10:15,000 --> 01:10:16,680
Speaker 1: but there should be a process for that. I think

1334
01:10:16,680 --> 01:10:20,840
Speaker 1: that's right. All right, Sier, what are you looking at?

1335
01:10:20,880 --> 01:10:23,519
Speaker 1: I'm not being hyperbolic here. It really does feel like

1336
01:10:23,640 --> 01:10:27,479
Speaker 1: everything is falling apart. Gas all time high, diesel all

1337
01:10:27,520 --> 01:10:29,880
Speaker 1: time high. Can't buy a new car or house if

1338
01:10:29,880 --> 01:10:32,360
Speaker 1: your life depended on it. There's a supply chain crunch

1339
01:10:32,400 --> 01:10:34,920
Speaker 1: on stuff that people need to keep tiny infants alive.

1340
01:10:35,160 --> 01:10:39,000
Speaker 1: The entire political system is broken. A geriatric president presides

1341
01:10:39,040 --> 01:10:42,160
Speaker 1: over the most chaotic period in modern American history, with

1342
01:10:42,240 --> 01:10:45,240
Speaker 1: no plan, no ability to unite the country, and seemingly

1343
01:10:45,400 --> 01:10:48,599
Speaker 1: do anything about it. I'm really struck by the feelings

1344
01:10:48,600 --> 01:10:50,720
Speaker 1: of chaos. With a new poll, it found that only

1345
01:10:50,800 --> 01:10:53,479
Speaker 1: sixteen percent of Americans think that the country is on

1346
01:10:53,520 --> 01:10:57,040
Speaker 1: the right track, which is officially the thirteen year low

1347
01:10:57,160 --> 01:11:01,080
Speaker 1: in the history of NBC News. Americans are not stupid people.

1348
01:11:01,320 --> 01:11:04,120
Speaker 1: They know in their bones everything is wrong. They've known

1349
01:11:04,160 --> 01:11:06,439
Speaker 1: it for quite some time. And look, there's plenty of

1350
01:11:06,479 --> 01:11:09,320
Speaker 1: debate as to why all that is. But one thing

1351
01:11:09,360 --> 01:11:10,920
Speaker 1: I think we've been all agree on is that the

1352
01:11:10,960 --> 01:11:14,559
Speaker 1: White House strategy of blaming it all on Vladimir Putin

1353
01:11:14,920 --> 01:11:19,120
Speaker 1: is not only intellectually dishonest, extremely cringe, but also just wrong.

1354
01:11:19,600 --> 01:11:23,320
Speaker 1: This idiotic talking point, though, has permeated all democratic messaging

1355
01:11:23,320 --> 01:11:26,519
Speaker 1: though in recent weeks. Let me start with the Putin

1356
01:11:26,880 --> 01:11:30,439
Speaker 1: price hike. So because of the actions we've taken to

1357
01:11:30,479 --> 01:11:33,240
Speaker 1: address the Putin price hike, we are in a better

1358
01:11:33,240 --> 01:11:37,759
Speaker 1: place than we were last month. We expect marcha CPI

1359
01:11:37,920 --> 01:11:42,559
Speaker 1: headline inflation to be extraordinarily elevated due to Putin's price hike.

1360
01:11:43,400 --> 01:11:47,439
Speaker 1: We have to address the Putin price hike gas hike.

1361
01:11:48,560 --> 01:11:53,200
Speaker 1: It has since he started amassing troops earlier this year

1362
01:11:53,720 --> 01:11:55,960
Speaker 1: of the price that the pump has gone up seventy five.

1363
01:11:56,080 --> 01:12:00,679
Speaker 1: Since we're doing everything we can to minimize the Putin

1364
01:12:00,760 --> 01:12:04,240
Speaker 1: price hike at home. What especially this reveals is the

1365
01:12:04,240 --> 01:12:06,760
Speaker 1: idiocy of the Putin price hike talking point. Of all

1366
01:12:06,760 --> 01:12:08,640
Speaker 1: the talking points out there, this is the one the

1367
01:12:08,680 --> 01:12:12,360
Speaker 1: American people by the least. It is also least likely

1368
01:12:12,400 --> 01:12:16,480
Speaker 1: to be true. Most people think COVID supply chain disruptions, corporations,

1369
01:12:16,479 --> 01:12:18,600
Speaker 1: and the American Rescue Plan are more to blame for

1370
01:12:18,640 --> 01:12:21,519
Speaker 1: inflation then you guessed it the war in Ukraine. So

1371
01:12:21,600 --> 01:12:23,880
Speaker 1: in other words, Putin's price hike is both the least

1372
01:12:23,920 --> 01:12:27,040
Speaker 1: credible and least believed option by the American people, and thus,

1373
01:12:27,080 --> 01:12:31,000
Speaker 1: of course it remains the singular talking point of this administration.

1374
01:12:31,800 --> 01:12:34,639
Speaker 1: The cringe worthiness of Putin's price hike reveals something deep

1375
01:12:34,640 --> 01:12:37,599
Speaker 1: about the Biden administration. They really think we are this stupid,

1376
01:12:37,840 --> 01:12:40,680
Speaker 1: dumb enough to be cajoled into an easy explanation when

1377
01:12:40,720 --> 01:12:43,519
Speaker 1: the multifaceted one has been staring at every American in

1378
01:12:43,560 --> 01:12:46,360
Speaker 1: the face for over two years. Of course, it is

1379
01:12:46,400 --> 01:12:49,320
Speaker 1: no coincidence why they pick Putin's price hike either, because

1380
01:12:49,360 --> 01:12:52,280
Speaker 1: Putin is not named Biden, and a guy named Biden

1381
01:12:52,479 --> 01:12:55,320
Speaker 1: has something to say or do with every single other

1382
01:12:55,360 --> 01:12:57,640
Speaker 1: reason that I showed you on the previous chart of

1383
01:12:57,680 --> 01:13:01,559
Speaker 1: reasons why inflation is occurring. It demonstrates, at a very

1384
01:13:01,560 --> 01:13:04,480
Speaker 1: basic level, why are these people so bad at politics?

1385
01:13:04,800 --> 01:13:08,960
Speaker 1: Putin's priceyke is obviously not it from a basic branding perspective.

1386
01:13:09,200 --> 01:13:11,360
Speaker 1: It is something I've noticed to in their latest cringe

1387
01:13:11,400 --> 01:13:14,000
Speaker 1: iteration that you may too have seen one that Biden

1388
01:13:14,080 --> 01:13:18,200
Speaker 1: and the Democrats have been rolling out recently, the ultra

1389
01:13:19,040 --> 01:13:23,719
Speaker 1: maga Republicans who seem to control the Republican Party. Now

1390
01:13:24,400 --> 01:13:29,080
Speaker 1: the other path is the ultra maga planned. But he's

1391
01:13:29,160 --> 01:13:32,479
Speaker 1: also not going to stand by and not call out

1392
01:13:32,520 --> 01:13:37,920
Speaker 1: what he sees as ultramaga behavior ultra maga policies. If

1393
01:13:37,960 --> 01:13:40,000
Speaker 1: you're on the other side of that you're supporting an

1394
01:13:40,040 --> 01:13:45,000
Speaker 1: ultra maga position in the president's view, ultramaga, Where do

1395
01:13:45,080 --> 01:13:47,719
Speaker 1: they get this stuff from? According to the White House,

1396
01:13:47,760 --> 01:13:50,320
Speaker 1: Biden came up with it himself, with White House Press

1397
01:13:50,320 --> 01:13:52,680
Speaker 1: Secretary of Jensaki even saying he came up with it

1398
01:13:52,720 --> 01:13:55,880
Speaker 1: to give his speech quote a little extra pop. Thus

1399
01:13:56,000 --> 01:13:59,800
Speaker 1: we have been cursed with the phrase ultramga dominating our

1400
01:13:59,800 --> 01:14:02,639
Speaker 1: political discourse for the last week. Except it turns out

1401
01:14:02,880 --> 01:14:05,000
Speaker 1: Biden and the Democrats not even come up with their

1402
01:14:05,040 --> 01:14:08,120
Speaker 1: own cringe slogans on their own, because it was clickly

1403
01:14:08,120 --> 01:14:10,519
Speaker 1: revealed it was all part of a bigger plan. The

1404
01:14:10,640 --> 01:14:14,720
Speaker 1: Washington Post reported that Biden's attempt to appropriate maga to

1405
01:14:15,120 --> 01:14:19,240
Speaker 1: ultra maga was part of a six month research effort

1406
01:14:19,400 --> 01:14:22,920
Speaker 1: by liberal polling groups. Per the Post, Biden advisor Anita

1407
01:14:23,000 --> 01:14:26,320
Speaker 1: Dunn was at one point connected to Harvey Weinstein, did

1408
01:14:26,439 --> 01:14:30,080
Speaker 1: extensive polling how the word maga was viewed by the public.

1409
01:14:30,320 --> 01:14:33,639
Speaker 1: Other phrases they tested were Trump Republicans, and a piece

1410
01:14:33,680 --> 01:14:36,040
Speaker 1: of data inside their polling said it would be twice

1411
01:14:36,040 --> 01:14:38,000
Speaker 1: as many voters would be less likely to vote for

1412
01:14:38,040 --> 01:14:42,040
Speaker 1: someone who is described as a quote maga Republican. But

1413
01:14:42,160 --> 01:14:45,880
Speaker 1: Biden and the Dems don't foresee though, is that Trump, apparently,

1414
01:14:46,120 --> 01:14:49,320
Speaker 1: per this story, is gleeful about the phrase, telling everyone

1415
01:14:49,320 --> 01:14:52,320
Speaker 1: around him he loves it, that the Democrats are terrible

1416
01:14:52,360 --> 01:14:54,840
Speaker 1: at branding, and actually, if you think about it, it

1417
01:14:54,920 --> 01:14:58,320
Speaker 1: helps him solidify his hold over the Republican Party, something Biden,

1418
01:14:58,360 --> 01:15:00,479
Speaker 1: of course, has said he would like to break away from.

1419
01:15:00,640 --> 01:15:03,080
Speaker 1: In fact, the ultra maga label was trotted out to

1420
01:15:03,120 --> 01:15:06,000
Speaker 1: describe Senator Rick Scott's plan to raise taxes on the

1421
01:15:06,000 --> 01:15:09,640
Speaker 1: middle class and sunset Medicare. I mean, that's not ultramaga.

1422
01:15:09,680 --> 01:15:13,080
Speaker 1: That's actually just standard Republican policy of the last three decades,

1423
01:15:13,200 --> 01:15:15,800
Speaker 1: all the way from Ronald Reagan to Paul Ryan. All

1424
01:15:15,840 --> 01:15:18,559
Speaker 1: this shows is the lack of imagination and political skill

1425
01:15:18,760 --> 01:15:21,840
Speaker 1: that the Biden team have in their political strategy. They

1426
01:15:21,840 --> 01:15:24,400
Speaker 1: seem to take all the blame off of themselves and

1427
01:15:24,439 --> 01:15:27,479
Speaker 1: blame either Putin or Trump, or in some cases both,

1428
01:15:27,800 --> 01:15:31,000
Speaker 1: instead of just making an affirmative case to the American people.

1429
01:15:31,280 --> 01:15:34,240
Speaker 1: It reveals they need poll tested messages to try and

1430
01:15:34,280 --> 01:15:36,760
Speaker 1: shift blame when the only pole they need to look

1431
01:15:36,800 --> 01:15:41,160
Speaker 1: at is this one. Americans really hate inflation. Seventy percent

1432
01:15:41,240 --> 01:15:43,720
Speaker 1: see it as a big problem twenty three percent a

1433
01:15:43,760 --> 01:15:46,840
Speaker 1: moderate problem. There is not a single other issue area

1434
01:15:46,960 --> 01:15:50,679
Speaker 1: that falls into that space. People don't want to hear excuses.

1435
01:15:51,040 --> 01:15:53,759
Speaker 1: Biden runs the country, his party holds the seats in Congress.

1436
01:15:54,000 --> 01:15:56,880
Speaker 1: Do something about it and you win. Don't and you lose.

1437
01:15:57,080 --> 01:15:59,840
Speaker 1: There is no slogan which can obfuscate the fact that

1438
01:16:00,000 --> 01:16:02,439
Speaker 1: the ass, food and everything else is a hell of

1439
01:16:02,479 --> 01:16:05,280
Speaker 1: a lot more expensive. Why exactly that is so difficult

1440
01:16:05,320 --> 01:16:08,519
Speaker 1: to understand over sixteen hundred Pennsylvania Avenue remains quite a

1441
01:16:08,560 --> 01:16:11,160
Speaker 1: mystery to me, But I do know this. In November,

1442
01:16:11,280 --> 01:16:13,479
Speaker 1: we're going to be looking back at Biden's strategy at

1443
01:16:13,479 --> 01:16:16,559
Speaker 1: this time and call it that of an ultra loser.

1444
01:16:16,840 --> 01:16:18,519
Speaker 1: You see how cringe it is when you just add

1445
01:16:18,600 --> 01:16:21,360
Speaker 1: ultra onto something. And if you want to hear my

1446
01:16:21,520 --> 01:16:25,040
Speaker 1: reaction to Sagres's monologue, become a premium subscriber today at

1447
01:16:25,040 --> 01:16:30,840
Speaker 1: Breakingpoints dot com christl where you take a look at well, guys,

1448
01:16:30,840 --> 01:16:34,240
Speaker 1: there are three seemingly unrelated stories out right now, fueling desperation,

1449
01:16:34,479 --> 01:16:37,760
Speaker 1: eracing life savings, pushing you out of middle classtability that

1450
01:16:37,800 --> 01:16:40,639
Speaker 1: I think actually fit together perfectly to illustrate the rot

1451
01:16:40,680 --> 01:16:44,519
Speaker 1: at the core of our society, the immorality, venality, and

1452
01:16:44,600 --> 01:16:47,200
Speaker 1: I'm going to get mine individualism, which has eclipsed every

1453
01:16:47,240 --> 01:16:50,559
Speaker 1: other value that you might organize the society around. These

1454
01:16:50,600 --> 01:16:53,560
Speaker 1: stories are not just warning signs, but for those impacted

1455
01:16:53,640 --> 01:16:57,400
Speaker 1: our dire and destructive forces spreading misery from coast to coast. Now,

1456
01:16:57,400 --> 01:16:59,960
Speaker 1: the first is one that's burst into the news just recently,

1457
01:17:00,080 --> 01:17:03,639
Speaker 1: the extreme shortage of baby formula. Now, there's a number

1458
01:17:03,680 --> 01:17:06,240
Speaker 1: of compounding reasons why new moms are facing such a

1459
01:17:06,280 --> 01:17:09,880
Speaker 1: frightening inability to obtain at any price the formula on

1460
01:17:09,920 --> 01:17:12,720
Speaker 1: which their infants lives depend. But as we've dug into

1461
01:17:12,720 --> 01:17:16,479
Speaker 1: the root causes, the story's familiar and its predictable monopoly

1462
01:17:16,520 --> 01:17:20,240
Speaker 1: consolidation revolving door government corruption, in this instance from the

1463
01:17:20,280 --> 01:17:24,000
Speaker 1: FDA and good old fashioned corporate greed. Our friend Breonna

1464
01:17:24,040 --> 01:17:26,400
Speaker 1: enjoy Gray laid on this part quite well over at

1465
01:17:26,400 --> 01:17:29,960
Speaker 1: our old stopping grounds. Back in October of twenty twenty one,

1466
01:17:29,960 --> 01:17:32,479
Speaker 1: an employee at abbit nutrition production facility known as the

1467
01:17:32,520 --> 01:17:36,439
Speaker 1: Sturgis Plant sent a whistleblower letter to the FDA. It alleged,

1468
01:17:36,560 --> 01:17:39,479
Speaker 1: among other things, that management had failed to fix failing,

1469
01:17:39,720 --> 01:17:42,120
Speaker 1: worn out machines that had become breeding grounds for a

1470
01:17:42,200 --> 01:17:45,800
Speaker 1: Coronobacter bacteria outbreak that had led to four baby hospitalizations

1471
01:17:46,120 --> 01:17:48,920
Speaker 1: and two babies dead. Food and Safety News reported that

1472
01:17:49,000 --> 01:17:51,600
Speaker 1: quote For several years, some of the equipment associated with

1473
01:17:51,600 --> 01:17:53,920
Speaker 1: the drying process at the Sturgis site was in need

1474
01:17:53,920 --> 01:17:56,400
Speaker 1: of repair. As a result, a number of product flow

1475
01:17:56,439 --> 01:17:59,680
Speaker 1: pipes were pitting and leaving a pinholes. This allowed bacteria

1476
01:17:59,720 --> 01:18:01,720
Speaker 1: to en for the system and at times led to

1477
01:18:01,760 --> 01:18:04,760
Speaker 1: bacteria not being adequately cleaned out. This in turn caused

1478
01:18:04,800 --> 01:18:06,719
Speaker 1: product flowing through the pipes to pick up the bacteria

1479
01:18:06,720 --> 01:18:08,920
Speaker 1: that was trapped in the defective pipe, and it ended

1480
01:18:08,960 --> 01:18:12,519
Speaker 1: up in baby's food. Why did Avenutrition let its machinery

1481
01:18:12,520 --> 01:18:15,599
Speaker 1: get so compromised, Well, it's probably not the case if

1482
01:18:15,600 --> 01:18:17,960
Speaker 1: they didn't have the money to update their facilities. A

1483
01:18:17,960 --> 01:18:21,360
Speaker 1: couple of months after the whistleblower report, Abbot Laboratories authorized

1484
01:18:21,439 --> 01:18:24,960
Speaker 1: five billion dollars in stock buybacks, a practice by which

1485
01:18:24,960 --> 01:18:28,320
Speaker 1: companies profit is used not to improve the business or

1486
01:18:28,400 --> 01:18:31,880
Speaker 1: to pay workers, but to enrich shareholders. Now I bring

1487
01:18:31,880 --> 01:18:33,439
Speaker 1: this up because I know some listeners might take the

1488
01:18:33,479 --> 01:18:36,320
Speaker 1: position that markets are generally efficient, that businesses make a

1489
01:18:36,360 --> 01:18:38,320
Speaker 1: decisions about what to do with their profits. Out of

1490
01:18:38,320 --> 01:18:40,640
Speaker 1: a sense of self preservation. They must invest in their

1491
01:18:40,640 --> 01:18:43,519
Speaker 1: internal infrastructure, right, They'll pay their workers well to attract

1492
01:18:43,520 --> 01:18:46,240
Speaker 1: and retain good talent. They'll only distribute profit once the

1493
01:18:46,240 --> 01:18:49,000
Speaker 1: basis has been covered. After all, why would a company

1494
01:18:49,000 --> 01:18:50,720
Speaker 1: behave in a way that ultimately hurt it in the

1495
01:18:50,720 --> 01:18:53,280
Speaker 1: long run. Now, one of the core promises of our

1496
01:18:53,360 --> 01:18:56,200
Speaker 1: economic system was that the free market would ensure that

1497
01:18:56,280 --> 01:18:59,519
Speaker 1: we do not have food shortages, that we wouldn't face

1498
01:18:59,560 --> 01:19:02,400
Speaker 1: the bear shelves and long lines for basic goods that

1499
01:19:02,439 --> 01:19:05,160
Speaker 1: were common in places like the Soviet Union. And yet

1500
01:19:05,200 --> 01:19:09,160
Speaker 1: here we are unable to provide the most critical sustenance

1501
01:19:09,280 --> 01:19:12,920
Speaker 1: for our most vulnerable population. It is hard to overstate

1502
01:19:12,960 --> 01:19:15,800
Speaker 1: what a core failure this is, and that failure is

1503
01:19:15,840 --> 01:19:19,200
Speaker 1: not in spite of our economic system, but directly because

1504
01:19:19,240 --> 01:19:21,760
Speaker 1: of it. As we have gone further and further down

1505
01:19:21,840 --> 01:19:24,759
Speaker 1: the road of unregulated capitalism, we have allowed the seeds

1506
01:19:24,760 --> 01:19:27,639
Speaker 1: of destruction of that system to be planted. The whole

1507
01:19:27,680 --> 01:19:29,439
Speaker 1: idea of the system is that it would reward the

1508
01:19:29,479 --> 01:19:31,439
Speaker 1: best in the brightest, those with the best products, the

1509
01:19:31,439 --> 01:19:35,160
Speaker 1: best price, the best productivity. But rigging markets, it turns out,

1510
01:19:35,400 --> 01:19:37,599
Speaker 1: is a lot easier and a lot more profitable than

1511
01:19:37,680 --> 01:19:40,880
Speaker 1: actual free market competition, And as our society became less

1512
01:19:40,920 --> 01:19:42,880
Speaker 1: and less equal, it meant that the profiteers at the

1513
01:19:42,880 --> 01:19:45,880
Speaker 1: top could more easily buy and capture government, leading to

1514
01:19:46,040 --> 01:19:50,759
Speaker 1: unchecked monopoly consolidation, anti competitive, guaranteed government contracts, and every

1515
01:19:50,800 --> 01:19:54,240
Speaker 1: incentive to simply give money away to the already wealthy

1516
01:19:54,240 --> 01:19:58,320
Speaker 1: executives and shareholders rather than invested in workers, innovation, or

1517
01:19:58,360 --> 01:20:01,680
Speaker 1: even the basics of maintain hating their production facilities at

1518
01:20:01,680 --> 01:20:05,640
Speaker 1: a sufficient standard. When competition is little and the regulators

1519
01:20:05,680 --> 01:20:08,599
Speaker 1: are in your pocket, you don't have to worry about

1520
01:20:08,600 --> 01:20:11,439
Speaker 1: producing a quality product. You only have to worry about

1521
01:20:11,479 --> 01:20:15,240
Speaker 1: financial engineering to your own benefit. Life and health of

1522
01:20:15,400 --> 01:20:18,400
Speaker 1: babies be damned. The greatest rewards in our system were

1523
01:20:18,439 --> 01:20:21,840
Speaker 1: supposed to flow to the greatest innovators. Instead they flow

1524
01:20:21,880 --> 01:20:25,200
Speaker 1: to the greatest sociopaths and the most determined cheaters. The

1525
01:20:25,240 --> 01:20:28,880
Speaker 1: perfect cherry on top of this particular dystopian healthscape story

1526
01:20:29,160 --> 01:20:32,760
Speaker 1: is a baron's analysis that while baby formula shortages are

1527
01:20:32,800 --> 01:20:36,479
Speaker 1: bad for parents and presumably for babies, it might actually

1528
01:20:36,560 --> 01:20:39,559
Speaker 1: juice the stock of the very company whose crimes help

1529
01:20:39,600 --> 01:20:43,440
Speaker 1: to precipitate this crisis that is in late stage capitalism.

1530
01:20:43,600 --> 01:20:45,920
Speaker 1: I don't know what is, but as horrifying as this

1531
01:20:46,000 --> 01:20:48,040
Speaker 1: story is, baby formulas really just the tip of the

1532
01:20:48,040 --> 01:20:51,200
Speaker 1: iceberg of our tale of decline, our next parable showcases,

1533
01:20:51,240 --> 01:20:54,160
Speaker 1: and all an assault on another essential of human life.

1534
01:20:54,400 --> 01:20:58,400
Speaker 1: Shelter In Brevard County, two Goldman Sacks backed investment funds

1535
01:20:58,439 --> 01:21:01,559
Speaker 1: just teamed up to buy an entire higher neighborhood for

1536
01:21:01,560 --> 01:21:04,759
Speaker 1: forty five million dollars. That move has alarmed a coalition

1537
01:21:04,880 --> 01:21:07,640
Speaker 1: of local faith based organizations who have been fighting for

1538
01:21:07,720 --> 01:21:10,880
Speaker 1: affordable housing for their community. The leader of one of

1539
01:21:10,880 --> 01:21:13,840
Speaker 1: those groups told reporters that quote investors come in, and

1540
01:21:13,840 --> 01:21:17,160
Speaker 1: of course invest property just goes off the roof, which

1541
01:21:17,240 --> 01:21:20,640
Speaker 1: marginalizes a whole lot of people who just can't afford it.

1542
01:21:21,160 --> 01:21:23,200
Speaker 1: This is, of course, part of a larger trend we've

1543
01:21:23,240 --> 01:21:26,839
Speaker 1: covered here, permanent capital buying up single family homes, pushing

1544
01:21:26,920 --> 01:21:29,599
Speaker 1: young buyers out of the market, looking to turn all

1545
01:21:29,600 --> 01:21:32,240
Speaker 1: of America into a land of renters, and driving a

1546
01:21:32,320 --> 01:21:35,400
Speaker 1: housing costs for everyone in the meantime. Now, if you're

1547
01:21:35,439 --> 01:21:37,639
Speaker 1: already an asset owner, a homeowner, this is all well

1548
01:21:37,680 --> 01:21:41,800
Speaker 1: and good, but everyone else is getting screwed. Yesteryear's first

1549
01:21:41,800 --> 01:21:44,320
Speaker 1: time home buyer is being pushed into rentals where they

1550
01:21:44,320 --> 01:21:47,639
Speaker 1: cannot build wealth. Renters with middle class incomes are getting

1551
01:21:47,680 --> 01:21:50,519
Speaker 1: squeezed harder and harder, making it impossible to save up

1552
01:21:50,640 --> 01:21:53,879
Speaker 1: enough to ever enter the homeowner class. Low income renters

1553
01:21:53,880 --> 01:21:56,320
Speaker 1: and seniors on fixed incomes, they're getting pushed out of

1554
01:21:56,360 --> 01:21:59,800
Speaker 1: the market altogether and sometimes onto the street. In fact,

1555
01:21:59,800 --> 01:22:01,960
Speaker 1: there there is not a single state in the nation

1556
01:22:02,320 --> 01:22:05,200
Speaker 1: where minimum wage workers can afford a two bedroom apartment,

1557
01:22:05,360 --> 01:22:08,280
Speaker 1: and about half of Americans cannot afford even a one

1558
01:22:08,280 --> 01:22:12,800
Speaker 1: bedroom apartment. Financialization of everything means permanent capital is free

1559
01:22:12,840 --> 01:22:15,320
Speaker 1: to buy up the nation's increasingly scarce housing stock and

1560
01:22:15,360 --> 01:22:18,599
Speaker 1: become America's landlord, closing off one of the few remaining

1561
01:22:18,600 --> 01:22:22,080
Speaker 1: pathways to a stable middle class life. As I've argued before,

1562
01:22:22,160 --> 01:22:24,839
Speaker 1: perhaps the most salient class divide now in the country

1563
01:22:24,920 --> 01:22:28,519
Speaker 1: is between homeowners and non homeowners. Goldman Sachs and their

1564
01:22:28,560 --> 01:22:31,960
Speaker 1: Wall Street buddies, enabled by corrupt politicians, are locking more

1565
01:22:32,000 --> 01:22:36,439
Speaker 1: and more into Americans into a precarious renter under class,

1566
01:22:36,600 --> 01:22:39,200
Speaker 1: pushing the white picket fence American dream permanently out of

1567
01:22:39,240 --> 01:22:42,479
Speaker 1: reach or bastardizing it. Now the American dream isn't yours

1568
01:22:42,479 --> 01:22:45,040
Speaker 1: to own. It's only available to rent at a high

1569
01:22:45,080 --> 01:22:47,880
Speaker 1: price from the money changers on Wall Street. But for

1570
01:22:47,960 --> 01:22:49,880
Speaker 1: true late stage capitalism, you got to look at the

1571
01:22:49,960 --> 01:22:52,800
Speaker 1: rise and fall of crypto. Now, crypto hypers played on

1572
01:22:52,960 --> 01:22:55,519
Speaker 1: exactly the loss of meaning and community that have been

1573
01:22:55,560 --> 01:22:59,040
Speaker 1: created by the solis rapacious system. The original promise of

1574
01:22:59,080 --> 01:23:02,040
Speaker 1: crypto was that our system was hopelessly beyond reform, so

1575
01:23:02,120 --> 01:23:05,120
Speaker 1: perhaps it could be supplanted by an alternative order operating

1576
01:23:05,160 --> 01:23:08,080
Speaker 1: outside of the reach of a corrupt government. That original

1577
01:23:08,120 --> 01:23:11,120
Speaker 1: promise then collapsed into little more than a Ponzi scheme.

1578
01:23:11,200 --> 01:23:14,160
Speaker 1: Cash grap Crypto is a way to join the speculator class.

1579
01:23:14,200 --> 01:23:16,120
Speaker 1: After all, if you can't beat them, join them, And

1580
01:23:16,160 --> 01:23:18,640
Speaker 1: why shouldn't you. It's not like the financial engineers on

1581
01:23:18,680 --> 01:23:21,000
Speaker 1: Wall Street. We're creating anything real. It's not like the

1582
01:23:21,000 --> 01:23:24,639
Speaker 1: stock market with some actual reflection of intrinsic value. Maybe,

1583
01:23:24,800 --> 01:23:27,200
Speaker 1: just maybe you could get in on the ground floor

1584
01:23:27,240 --> 01:23:29,080
Speaker 1: of the next big thing and be one of the

1585
01:23:29,120 --> 01:23:32,080
Speaker 1: people for whom the system is rigged, rather than one

1586
01:23:32,120 --> 01:23:34,080
Speaker 1: of the people who was constantly getting the short end

1587
01:23:34,080 --> 01:23:36,759
Speaker 1: of the stick. This is exactly the system that crypto

1588
01:23:36,800 --> 01:23:39,720
Speaker 1: billionaires like Sam Bankman Freed are trying to shore up,

1589
01:23:39,800 --> 01:23:42,839
Speaker 1: jumping into the Washington game in true Wall Street ghul fashion,

1590
01:23:43,120 --> 01:23:47,479
Speaker 1: schmoozing regulators, buying off politicians, flooding money into congressional races

1591
01:23:47,520 --> 01:23:50,240
Speaker 1: to make sure his particular grift gets the official stamp

1592
01:23:50,280 --> 01:23:54,040
Speaker 1: of approval. Now, for a while it actually seemed like

1593
01:23:54,080 --> 01:23:56,679
Speaker 1: it just might work, but as of now the crypto

1594
01:23:56,760 --> 01:23:59,920
Speaker 1: dream has officially turned to nightmare. Crypto losses are now

1595
01:24:00,000 --> 01:24:01,960
Speaker 1: equivalent to the housing collapse of two thousand and eight,

1596
01:24:02,000 --> 01:24:05,040
Speaker 1: except without the benefit of a single real asset backstopping them.

1597
01:24:05,280 --> 01:24:09,360
Speaker 1: The fallout has been completely devastating investors who lost everything.

1598
01:24:09,439 --> 01:24:12,160
Speaker 1: As one particular stable coin called Tara lost its peg

1599
01:24:12,200 --> 01:24:15,160
Speaker 1: and then completely collapsed. They flooded a Reddit form with

1600
01:24:15,240 --> 01:24:19,280
Speaker 1: messages so desperate that form moderators pin suicide hotline numbers

1601
01:24:19,280 --> 01:24:22,519
Speaker 1: at the top. Now the entire forum has been shut down,

1602
01:24:22,560 --> 01:24:26,640
Speaker 1: presumably because most of the commentary was revolving around suicide.

1603
01:24:26,880 --> 01:24:28,960
Speaker 1: In the end, crypto turned out to be just a

1604
01:24:29,000 --> 01:24:32,600
Speaker 1: new and novel way for regular people to be manipulated, exploited,

1605
01:24:32,640 --> 01:24:36,240
Speaker 1: and ultimately completely crushed. Too early to say whether the

1606
01:24:36,240 --> 01:24:38,880
Speaker 1: condation is going to spread to the real economy as well.

1607
01:24:39,320 --> 01:24:43,920
Speaker 1: So food, housing, meaning opportunity, all are under assault by

1608
01:24:43,920 --> 01:24:47,200
Speaker 1: a system so corroded. This is turned completely upside down.

1609
01:24:47,439 --> 01:24:50,000
Speaker 1: The villains and scoff laws win. The honest and law

1610
01:24:50,080 --> 01:24:53,960
Speaker 1: biding get screwed. The basic promises of our system, low prices,

1611
01:24:54,040 --> 01:24:57,400
Speaker 1: reliable supply, predictable paths to basic stability turn out to

1612
01:24:57,439 --> 01:25:01,160
Speaker 1: be as empty as a ust wallet and Sager. You know,

1613
01:25:01,320 --> 01:25:02,880
Speaker 1: it kind of fits with what you were saying about

1614
01:25:02,880 --> 01:25:05,080
Speaker 1: how everything and if you want to hear my reaction

1615
01:25:05,240 --> 01:25:08,800
Speaker 1: to Crystal's monologue, become a premium subscriber today at Breakingpoints

1616
01:25:08,840 --> 01:25:14,000
Speaker 1: dot Com. Join us now to talk about primaries in

1617
01:25:14,000 --> 01:25:17,160
Speaker 1: both Pennsylvania and North Carolina. We have j Miles Coleman.

1618
01:25:17,240 --> 01:25:20,559
Speaker 1: He is an analyst for UVa's Center. What is it,

1619
01:25:20,680 --> 01:25:23,360
Speaker 1: Sabate's crystal Ball. I know it's very like similar to

1620
01:25:23,400 --> 01:25:26,840
Speaker 1: my name at the UVa's at her pologics. That's what

1621
01:25:26,920 --> 01:25:28,479
Speaker 1: I was about to say. It's good to meet the

1622
01:25:28,520 --> 01:25:31,280
Speaker 1: other crystal Ball. Yeah, no relation, although I did go

1623
01:25:31,360 --> 01:25:34,640
Speaker 1: to EVA. So Miles, welcome, the show is great to

1624
01:25:34,640 --> 01:25:36,880
Speaker 1: have you for the first time. Give us a lay

1625
01:25:36,880 --> 01:25:39,640
Speaker 1: of the land. Let's start in Pennsylvania. Just give our

1626
01:25:39,720 --> 01:25:42,120
Speaker 1: viewers a sense of what some of the key races

1627
01:25:42,160 --> 01:25:44,760
Speaker 1: are there and what the polling looks like, how things

1628
01:25:44,800 --> 01:25:48,960
Speaker 1: are shaking out. Sure, so Pennsylvania, you know, of all

1629
01:25:49,080 --> 01:25:52,160
Speaker 1: the primaries this year, it may be sort of the craziest.

1630
01:25:52,200 --> 01:25:55,639
Speaker 1: And that's saying a lot. So in the Senate race

1631
01:25:55,720 --> 01:25:59,880
Speaker 1: to replace Pat Toomey, who's who's a Republican? We have

1632
01:26:00,120 --> 01:26:02,519
Speaker 1: open seat race. Most of the drama is on the

1633
01:26:02,560 --> 01:26:06,560
Speaker 1: Democratic side. There are three kind of main contenders that

1634
01:26:06,640 --> 01:26:10,439
Speaker 1: are doctor Oz who really needs no introduction, he has

1635
01:26:10,439 --> 01:26:16,240
Speaker 1: Trump's endorsement. Former Hedge Fund CEO David McCormick is another

1636
01:26:16,360 --> 01:26:20,920
Speaker 1: Republican who may have something of a geographical advantage of

1637
01:26:21,000 --> 01:26:24,160
Speaker 1: being from the Pittsburgh area. Most of the opposition is

1638
01:26:24,200 --> 01:26:28,000
Speaker 1: from the Philadelphia area. And then the other kind of

1639
01:26:28,120 --> 01:26:32,240
Speaker 1: one who has what former President George H. W. Bush

1640
01:26:32,360 --> 01:26:38,080
Speaker 1: calls the big mo or the momentum, is Kathy Barnett,

1641
01:26:38,120 --> 01:26:43,120
Speaker 1: who has been who has been starting in polls. So

1642
01:26:43,200 --> 01:26:47,400
Speaker 1: it's basically a three way tie on the Democratic side.

1643
01:26:47,400 --> 01:26:51,040
Speaker 1: Lieutenant Governor John Fetterman is probably the front runner on

1644
01:26:51,160 --> 01:26:54,400
Speaker 1: the Democratic side. You know, as if this race wasn't

1645
01:26:54,400 --> 01:26:57,200
Speaker 1: crazy enough. He had a stroke on Friday, but seems

1646
01:26:57,240 --> 01:27:01,479
Speaker 1: to be doing okay. I he's surprised if he doesn't

1647
01:27:01,520 --> 01:27:05,680
Speaker 1: still win with a pretty comfortable margin. And on the

1648
01:27:05,680 --> 01:27:11,720
Speaker 1: governor side, it is another kind of interesting situation. The

1649
01:27:11,880 --> 01:27:14,800
Speaker 1: kind of front runner who got a Trump endorsement over

1650
01:27:14,840 --> 01:27:19,960
Speaker 1: the weekend is State Senator Doug Mastriano, who is a

1651
01:27:20,040 --> 01:27:24,639
Speaker 1: Christian nationalist, as he's been described by other groups. He's

1652
01:27:24,720 --> 01:27:27,960
Speaker 1: been basically on a ticket with Barnett in the Senate race.

1653
01:27:28,720 --> 01:27:32,920
Speaker 1: He would probably be the weakest of the Republicans. His

1654
01:27:33,080 --> 01:27:37,800
Speaker 1: main opposition is former Congressman Lou Barletta, who interestingly was

1655
01:27:38,320 --> 01:27:41,160
Speaker 1: one of the first few congressmen who endorsed Trump in

1656
01:27:41,200 --> 01:27:45,439
Speaker 1: twenty sixteen. He's kind of getting the cheft last year.

1657
01:27:46,880 --> 01:27:48,920
Speaker 1: I saw that there was you know, he was doing

1658
01:27:48,920 --> 01:27:53,599
Speaker 1: some rally over the weekend. You know his supporters were like, Okay, well,

1659
01:27:53,640 --> 01:27:57,280
Speaker 1: you know, where's our loyalty from President Trump? Well, I

1660
01:27:57,320 --> 01:28:00,760
Speaker 1: think with Trump, loyalty isn't exactly a two ways yes.

1661
01:28:02,840 --> 01:28:06,240
Speaker 1: And on the Democratic side, it looks like Josh Shapiro,

1662
01:28:06,320 --> 01:28:10,000
Speaker 1: who's the state attorney general, is probably going to be

1663
01:28:10,080 --> 01:28:13,519
Speaker 1: the Democratic nominee. And I'm sure he'd be very happy

1664
01:28:14,120 --> 01:28:17,439
Speaker 1: to face someone like Mastriana. So let's go into that

1665
01:28:17,479 --> 01:28:20,920
Speaker 1: then a little bit. Miles. So, Kathy Barnett obviously surging

1666
01:28:21,040 --> 01:28:23,240
Speaker 1: in the polls, but Trump also came out with the

1667
01:28:23,280 --> 01:28:26,040
Speaker 1: statement over the weekend saying that she cannot win, that

1668
01:28:26,120 --> 01:28:30,480
Speaker 1: she's untested, given what we know about the Ohio primary,

1669
01:28:30,840 --> 01:28:34,559
Speaker 1: and it's somewhat analogous here, divided race. Everybody's being trump

1670
01:28:34,640 --> 01:28:37,559
Speaker 1: be but one person has the Trump endorsement. How much

1671
01:28:37,560 --> 01:28:40,679
Speaker 1: should we take into consideration what that means for doctor

1672
01:28:40,720 --> 01:28:44,839
Speaker 1: Oz's chances and the explicit statement from Trump saying absolutely

1673
01:28:44,880 --> 01:28:47,160
Speaker 1: not Kathy Barnett can't win. How much does that matter?

1674
01:28:47,200 --> 01:28:50,080
Speaker 1: How much is it going to matter tomorrow? Yeah, it's

1675
01:28:51,400 --> 01:28:53,479
Speaker 1: my thinking is it may be a bit too late

1676
01:28:54,040 --> 01:28:57,920
Speaker 1: because there be a lot of momentum behind her. I mean,

1677
01:28:57,960 --> 01:29:00,439
Speaker 1: it is really looking like a three way. You know

1678
01:29:00,520 --> 01:29:04,640
Speaker 1: why we were talking about David McCormick earlier, how he

1679
01:29:04,720 --> 01:29:07,800
Speaker 1: may have a geography advantage. What I mean by that

1680
01:29:08,040 --> 01:29:12,679
Speaker 1: is primaries in Pennsylvania tend to be highly regionalized because

1681
01:29:12,760 --> 01:29:16,320
Speaker 1: if you're running for office there, your home county is

1682
01:29:16,400 --> 01:29:20,000
Speaker 1: next to your name on the ballots. So that's sort

1683
01:29:20,000 --> 01:29:22,840
Speaker 1: of mats factor. You know, how much how much of

1684
01:29:22,880 --> 01:29:27,840
Speaker 1: a regional boost is McCormick going to get from the

1685
01:29:27,880 --> 01:29:31,280
Speaker 1: fact that he's the only Pittsburgh area of Canadate. We'll see,

1686
01:29:31,880 --> 01:29:34,960
Speaker 1: but it just reminds me I've seen other races over

1687
01:29:35,080 --> 01:29:38,559
Speaker 1: the years where it's you know, in this race, it's

1688
01:29:38,600 --> 01:29:41,760
Speaker 1: basically been Oz and McCormick trying to tear each other

1689
01:29:41,880 --> 01:29:44,600
Speaker 1: down these past few weeks. I mean, it created a

1690
01:29:44,600 --> 01:29:48,800
Speaker 1: good circumstance for someone like Barnett to rise up. So

1691
01:29:49,960 --> 01:29:54,559
Speaker 1: we'll see if she still has a momentum. Why is

1692
01:29:54,600 --> 01:29:58,200
Speaker 1: it that a lot of kind of establishment Republicans are

1693
01:29:58,280 --> 01:30:02,000
Speaker 1: concerned about the elected BILLI both of Barnett, who Trump

1694
01:30:02,040 --> 01:30:05,200
Speaker 1: is now trying to quash, but also Mastriano, who Trump

1695
01:30:05,240 --> 01:30:09,240
Speaker 1: is boosting for governor. Yeah. Sure, because Pennsylvania is about

1696
01:30:09,280 --> 01:30:11,639
Speaker 1: as fifty to fifty of a state as it gets.

1697
01:30:11,640 --> 01:30:14,880
Speaker 1: I mean, Biden carried it by about one point in

1698
01:30:14,960 --> 01:30:19,960
Speaker 1: twenty twenty. This is a contest, or really both of

1699
01:30:20,000 --> 01:30:23,320
Speaker 1: these contests, given to the national environment right now, which

1700
01:30:23,360 --> 01:30:27,000
Speaker 1: is you know, not very pro biding, these are races

1701
01:30:27,040 --> 01:30:31,200
Speaker 1: that they should, you know, be maybe favored in, if

1702
01:30:31,240 --> 01:30:35,080
Speaker 1: not fifty fifty at minimum, But I think if they

1703
01:30:35,120 --> 01:30:39,760
Speaker 1: nominate Mastriano, I would assume he'd be at least a

1704
01:30:39,800 --> 01:30:44,400
Speaker 1: slight underdog to the Democrat Josh Shapiro. So, you know,

1705
01:30:44,439 --> 01:30:47,519
Speaker 1: it's almost like twenty ten, where it was a great

1706
01:30:47,600 --> 01:30:51,719
Speaker 1: Republican year, but they screwed up some races just because

1707
01:30:51,760 --> 01:30:55,599
Speaker 1: they nominated some candidates who are unacceptable. And I think

1708
01:30:55,640 --> 01:30:58,200
Speaker 1: there's been this last ditch effort in both of these

1709
01:30:58,320 --> 01:31:02,479
Speaker 1: races to avoid that. So we'll see, we'll we'll see

1710
01:31:02,479 --> 01:31:04,760
Speaker 1: how that ends up. What are the other primaries that

1711
01:31:04,760 --> 01:31:08,800
Speaker 1: we got going on tomorrow? Sure, So the other two

1712
01:31:08,840 --> 01:31:12,600
Speaker 1: of other primaries I'm watching are for the Senate in

1713
01:31:12,720 --> 01:31:16,479
Speaker 1: North Carolina that looks like it's probably gonna be, at

1714
01:31:16,520 --> 01:31:20,120
Speaker 1: least on the Republican side, a pretty clear win for

1715
01:31:20,280 --> 01:31:24,519
Speaker 1: Congressman Ted Budd who has the Trump endorsement. You have

1716
01:31:24,840 --> 01:31:28,320
Speaker 1: a decent candidate on the Democratic side in Sherry Beasley,

1717
01:31:28,400 --> 01:31:32,640
Speaker 1: who is a former state Supreme Court justice. North Carolina

1718
01:31:32,760 --> 01:31:35,479
Speaker 1: is one of those states where Democrats have, you know,

1719
01:31:35,680 --> 01:31:38,559
Speaker 1: can compete, but they can't get over the humps. So

1720
01:31:39,120 --> 01:31:42,599
Speaker 1: we'll see if it's any different this time. And one

1721
01:31:42,720 --> 01:31:45,720
Speaker 1: contest I'm also watching that is in a state that

1722
01:31:45,880 --> 01:31:50,800
Speaker 1: usually doesn't get too much attention is in Idaho. The

1723
01:31:50,840 --> 01:31:54,880
Speaker 1: incumbent governor, his name is Brad Little. You know, he's

1724
01:31:54,920 --> 01:31:59,800
Speaker 1: basically a John Kasick my don't the wine type of Republican. Well,

1725
01:31:59,840 --> 01:32:03,480
Speaker 1: he he as a Trump backed opponent, and his lieutenant

1726
01:32:03,479 --> 01:32:08,640
Speaker 1: governor janis Meg McGee, who has embraced a lot of

1727
01:32:08,640 --> 01:32:14,680
Speaker 1: Trump's conspiracy theories. It's a multi way primary, so I

1728
01:32:14,680 --> 01:32:17,000
Speaker 1: think if she can pull it off, that would say

1729
01:32:17,040 --> 01:32:20,120
Speaker 1: a lot about the direction that the Republican Park Party

1730
01:32:20,120 --> 01:32:22,760
Speaker 1: has headed in Idaho. That's interesting. Yeah, that one wasn't

1731
01:32:22,760 --> 01:32:25,040
Speaker 1: on my radar. Thanks for bringing that up. Talk to

1732
01:32:25,120 --> 01:32:30,720
Speaker 1: us a little bit about the overall picture for the Senate. Obviously, Democrats,

1733
01:32:30,760 --> 01:32:33,240
Speaker 1: you know, have the edge right now is fifty to fifty.

1734
01:32:33,720 --> 01:32:38,679
Speaker 1: Republicans very much wanting to take back control. What states

1735
01:32:38,680 --> 01:32:42,519
Speaker 1: do Republicans need to win in order to be able

1736
01:32:42,600 --> 01:32:46,439
Speaker 1: to take back control of the Senate this year? Sure? So,

1737
01:32:46,760 --> 01:32:50,120
Speaker 1: I think one advantage that the Democrats have this year

1738
01:32:50,240 --> 01:32:54,240
Speaker 1: compared to say twenty fourteen, which was Obama's last midterm,

1739
01:32:54,800 --> 01:32:58,640
Speaker 1: is is there not defending members in states you know,

1740
01:32:58,760 --> 01:33:04,080
Speaker 1: like Arkansas, Louisiana, South Dakota. Most of the key states

1741
01:33:04,120 --> 01:33:07,040
Speaker 1: are going to be states that Biden very narrowly carried

1742
01:33:07,040 --> 01:33:10,840
Speaker 1: in twenty twenty. So if I'm a Republican, I would

1743
01:33:10,840 --> 01:33:14,040
Speaker 1: be very interested in trying to knock off someone like

1744
01:33:14,080 --> 01:33:20,040
Speaker 1: Mark Kelly in Arizona, Rafia Warnock and Georgia and even

1745
01:33:20,080 --> 01:33:24,360
Speaker 1: Catherine Cortez Masto in Nevada. I think given the national environment,

1746
01:33:25,479 --> 01:33:27,880
Speaker 1: you know, kind of with Pennsylvania, we'll have to see

1747
01:33:27,920 --> 01:33:31,960
Speaker 1: who the Republicans end up nominating. But those are kind

1748
01:33:31,960 --> 01:33:35,200
Speaker 1: of the key races that Democrats are playing defense. And

1749
01:33:36,360 --> 01:33:40,040
Speaker 1: on the other hand, if I'm a Democrat, I would

1750
01:33:40,160 --> 01:33:43,200
Speaker 1: very much like to go after someone like Ron Johnson

1751
01:33:43,200 --> 01:33:46,240
Speaker 1: in Wisconsin, who a lot of times with some of

1752
01:33:46,280 --> 01:33:48,479
Speaker 1: the stuff he says, it's like, you know, are you

1753
01:33:48,560 --> 01:33:51,960
Speaker 1: trying to lose because he says all this all this

1754
01:33:52,080 --> 01:33:55,599
Speaker 1: weird stuff. But you know, I think at this point

1755
01:33:55,640 --> 01:33:58,400
Speaker 1: the Senate is you know, still probably fifty to fifty.

1756
01:33:58,840 --> 01:34:03,240
Speaker 1: You know, maybe with the now environment, the Republicans, I'll

1757
01:34:03,280 --> 01:34:05,840
Speaker 1: say this it's almost like twenty ten, and that the

1758
01:34:05,920 --> 01:34:10,439
Speaker 1: Republicans should have a very clear path to take in

1759
01:34:10,560 --> 01:34:14,000
Speaker 1: the Senate, which they ultimately may, but they're going to

1760
01:34:14,080 --> 01:34:18,960
Speaker 1: have to nominate candidates who can capitalize on that. Really

1761
01:34:18,960 --> 01:34:21,479
Speaker 1: well said. Yeah, that is well said, Miles. Thanks for

1762
01:34:21,600 --> 01:34:23,439
Speaker 1: joining us. Great to have your analysis today. We're really

1763
01:34:23,439 --> 01:34:26,479
Speaker 1: grateful for it. Great John Man, thanks for having me. Yeah,

1764
01:34:26,520 --> 01:34:29,760
Speaker 1: our pleasure in Sager. One thing that Miles mentioned there,

1765
01:34:29,800 --> 01:34:33,559
Speaker 1: which just broke last night, which is big news, is

1766
01:34:33,600 --> 01:34:38,320
Speaker 1: in the Democratic side of the Pennsylvania Senate primary. John Fetterman,

1767
01:34:38,880 --> 01:34:41,960
Speaker 1: who was a Burnie backer, he's the lieutenant governor. He's

1768
01:34:42,360 --> 01:34:44,599
Speaker 1: you know, very sort of charismatic figure. He was the

1769
01:34:44,680 --> 01:34:48,080
Speaker 1: mayor of Braddock, an old steel town. He has been

1770
01:34:48,120 --> 01:34:52,000
Speaker 1: the front runner against kind of blue dog corporate type

1771
01:34:52,040 --> 01:34:55,760
Speaker 1: Conner Lamb, who's a member of Congress. Fetterman has had

1772
01:34:55,880 --> 01:34:59,519
Speaker 1: you know, thirty point lead in recent polls the Democratic Party.

1773
01:34:59,560 --> 01:35:02,040
Speaker 1: Almost Connor Lamb like to stand down on some of

1774
01:35:02,040 --> 01:35:05,839
Speaker 1: the more aggressive attacks he was levying against John Fetterman.

1775
01:35:06,200 --> 01:35:08,920
Speaker 1: Fetterman has come out and said that he was hospitalized,

1776
01:35:08,960 --> 01:35:13,440
Speaker 1: that he had a stroke. So, you know, as Miles indicated,

1777
01:35:13,680 --> 01:35:17,000
Speaker 1: it seems unlikely that it will upend the dynamics of

1778
01:35:17,000 --> 01:35:19,479
Speaker 1: that race. I saw Connor Lamb had surged from like

1779
01:35:19,600 --> 01:35:22,200
Speaker 1: a penny to four cents. Oh on predicted in the

1780
01:35:22,720 --> 01:35:25,320
Speaker 1: predicted betting market, so he did get a little bit

1781
01:35:25,320 --> 01:35:27,320
Speaker 1: of a bump from the news. Of course, the most

1782
01:35:27,320 --> 01:35:29,080
Speaker 1: important thing is that we hope that John Fetterman is

1783
01:35:29,120 --> 01:35:32,080
Speaker 1: doing well, and by all indications he is feeling much better,

1784
01:35:32,160 --> 01:35:34,240
Speaker 1: but certainly kind of a shock in that race. Yeah.

1785
01:35:34,240 --> 01:35:36,280
Speaker 1: He put out a video yesterday and a statement. Let's

1786
01:35:36,280 --> 01:35:38,280
Speaker 1: put the statement up here on the screen. He says,

1787
01:35:38,360 --> 01:35:40,320
Speaker 1: on Friday, wasn't feeling really well, so I went to

1788
01:35:40,360 --> 01:35:41,960
Speaker 1: the hospital and get checked out. I didn't want to go.

1789
01:35:42,000 --> 01:35:43,840
Speaker 1: I didn't think I had to, but Giselle insisted in

1790
01:35:43,920 --> 01:35:46,200
Speaker 1: as usual, she was right. I hadn't been feeling well,

1791
01:35:46,240 --> 01:35:47,840
Speaker 1: but with so focus on the campaign, I ignored the

1792
01:35:47,880 --> 01:35:50,280
Speaker 1: signs that just kept going. On Friday caught up with me.

1793
01:35:50,360 --> 01:35:52,200
Speaker 1: I had a stroke caused by a clot from my

1794
01:35:52,280 --> 01:35:55,920
Speaker 1: heart being an aphib rhythm for too long. Fortunately, gizelle'spoted

1795
01:35:55,960 --> 01:35:57,760
Speaker 1: the symptoms got me to the hospital in minutes. The

1796
01:35:57,800 --> 01:36:00,559
Speaker 1: amazing doctors here were able to quickly and completely removed

1797
01:36:00,560 --> 01:36:02,920
Speaker 1: the plot, reversing the stroke. They got my heart under

1798
01:36:02,920 --> 01:36:05,200
Speaker 1: control as well. It's a good reminder to listen to

1799
01:36:05,200 --> 01:36:06,960
Speaker 1: your body and be aware of the signs The good

1800
01:36:06,960 --> 01:36:08,800
Speaker 1: news is I'm feeling much better, and the doctors tell

1801
01:36:08,840 --> 01:36:11,320
Speaker 1: me I didn't suffer any cognitive damage. I'm well on

1802
01:36:11,360 --> 01:36:13,479
Speaker 1: my way to a full recovery. So I have a

1803
01:36:13,520 --> 01:36:16,240
Speaker 1: lot to be thankful for. They're keeping him here for

1804
01:36:16,520 --> 01:36:20,120
Speaker 1: observation in the meantime now. Obviously, first of all, as

1805
01:36:20,160 --> 01:36:22,360
Speaker 1: I understand it, on strokes, the first hour or so

1806
01:36:22,560 --> 01:36:25,160
Speaker 1: is critical. So knowing the stand I forget. I probably

1807
01:36:25,160 --> 01:36:27,080
Speaker 1: should have prepared. But I know that there's like an

1808
01:36:27,120 --> 01:36:30,519
Speaker 1: acronym or whatever. Do your research, be prepared in case

1809
01:36:30,560 --> 01:36:32,960
Speaker 1: you're at risk. Second, take care of yourselves, take care

1810
01:36:33,000 --> 01:36:35,240
Speaker 1: your body. Listen to it as well. Because he ignored

1811
01:36:35,240 --> 01:36:36,599
Speaker 1: the signs and he paid the price for we could

1812
01:36:36,600 --> 01:36:39,040
Speaker 1: have paid a much bigger price for it. But politically,

1813
01:36:39,439 --> 01:36:41,200
Speaker 1: a lot of this, a lot of these people have

1814
01:36:41,200 --> 01:36:43,240
Speaker 1: already voted, you know, a lot of people early voting

1815
01:36:43,240 --> 01:36:45,200
Speaker 1: has been on for a while. A lot of Pennsylvania

1816
01:36:45,240 --> 01:36:47,559
Speaker 1: Democrats in particular, are people who are going to embrace

1817
01:36:47,600 --> 01:36:49,640
Speaker 1: mail in voting, so a lot of those votes have

1818
01:36:49,680 --> 01:36:52,240
Speaker 1: probably already been cast. He had such a high lead.

1819
01:36:52,439 --> 01:36:54,080
Speaker 1: It's not like he's dead, you know. It's not even

1820
01:36:54,080 --> 01:36:56,519
Speaker 1: a heart attack necessarily, it's a stroke, which they have

1821
01:36:56,560 --> 01:36:59,040
Speaker 1: a complete and total removal. The video he put out

1822
01:36:59,240 --> 01:37:01,519
Speaker 1: seemed fine to me, so he's probably still gonna win,

1823
01:37:01,560 --> 01:37:03,320
Speaker 1: but it is kind of like a last minute like whoa,

1824
01:37:03,400 --> 01:37:06,639
Speaker 1: holy crap. Yeah, well, if Bernie Sanders is any indication

1825
01:37:06,760 --> 01:37:10,120
Speaker 1: with his heart attack, he actually like surged to I mean,

1826
01:37:10,120 --> 01:37:12,600
Speaker 1: that was crazy, right. He was at the time that

1827
01:37:12,680 --> 01:37:14,840
Speaker 1: he had his heart attack, he was at his lowest

1828
01:37:14,880 --> 01:37:17,120
Speaker 1: point in the polls. It was the moment when Elizabeth

1829
01:37:17,160 --> 01:37:20,679
Speaker 1: Warren had overtaken him, so he had Biden and Warren

1830
01:37:20,720 --> 01:37:23,519
Speaker 1: ahead of him in the national polls, and then he

1831
01:37:23,560 --> 01:37:26,600
Speaker 1: has a heart attack. And what Ari rayvenhaff Doo we

1832
01:37:26,680 --> 01:37:28,640
Speaker 1: talked to and Kylin and I also talked to you

1833
01:37:28,680 --> 01:37:30,880
Speaker 1: for the podcast. What he says is he felt like

1834
01:37:30,920 --> 01:37:33,960
Speaker 1: it made people kind of like appreciate Bernie Moore. They

1835
01:37:34,040 --> 01:37:35,800
Speaker 1: like cheered you know, there's something to cheer in for

1836
01:37:36,240 --> 01:37:39,800
Speaker 1: the underdog. So anyway, and Bernie's instance, but to your

1837
01:37:39,840 --> 01:37:45,280
Speaker 1: point about the importance of taking these health signs seriously,

1838
01:37:45,560 --> 01:37:50,120
Speaker 1: especially when you're older like Bernie is. You know, he

1839
01:37:50,280 --> 01:37:53,120
Speaker 1: was lucky to have around him people who knew him

1840
01:37:53,160 --> 01:37:56,920
Speaker 1: really well, so they recognize some patterns and his behavior

1841
01:37:56,960 --> 01:38:00,360
Speaker 1: that just didn't fit. So Ari talks about Ernie. He's

1842
01:38:00,360 --> 01:38:03,439
Speaker 1: at this event and he asked for a chair while

1843
01:38:03,439 --> 01:38:05,800
Speaker 1: he's taking questions. Well, he never does that. In fact,

1844
01:38:05,920 --> 01:38:08,680
Speaker 1: he hates sitting while he's like speaking to vote. He

1845
01:38:08,720 --> 01:38:11,720
Speaker 1: finds as sort of like disrespectful. So that was red

1846
01:38:11,720 --> 01:38:15,479
Speaker 1: flag number one, number two. Afterwards, he didn't want to

1847
01:38:15,479 --> 01:38:17,920
Speaker 1: stay very long to take pictures and interact with people,

1848
01:38:17,960 --> 01:38:20,040
Speaker 1: which you know, they weren't doing the whole Elizabeth Warren

1849
01:38:20,120 --> 01:38:22,160
Speaker 1: like thousand people selfie line, but they were doing a

1850
01:38:22,160 --> 01:38:24,679
Speaker 1: significant amount of that, and Bernie was like, I'm tired.

1851
01:38:25,120 --> 01:38:28,519
Speaker 1: And then they get in the car and Already says

1852
01:38:28,560 --> 01:38:30,519
Speaker 1: to him, like are you feeling okay? What's going on?

1853
01:38:30,560 --> 01:38:32,960
Speaker 1: He's like, ah, yeah, I'm fine, I'm just like tired.

1854
01:38:33,000 --> 01:38:36,439
Speaker 1: And he probed enough to get to the point where

1855
01:38:36,600 --> 01:38:40,040
Speaker 1: Bernie indicated he was having some sort of arm pain.

1856
01:38:40,280 --> 01:38:42,599
Speaker 1: There we go, and that's when they were like, all right,

1857
01:38:42,680 --> 01:38:45,599
Speaker 1: we have to go right now to the urgent care.

1858
01:38:45,640 --> 01:38:48,439
Speaker 1: And if that hadn't happened, then he's alone in his

1859
01:38:48,520 --> 01:38:52,519
Speaker 1: hotel room. There's no one and god knows what ultimately happens.

1860
01:38:52,560 --> 01:38:56,639
Speaker 1: So anyway, long story short, pay attention take these signs seriously,

1861
01:38:56,720 --> 01:38:59,000
Speaker 1: especially when you're dealing with someone who is older, but

1862
01:38:59,120 --> 01:39:01,760
Speaker 1: also in the case like John Fetterman is not ultimately

1863
01:39:01,760 --> 01:39:04,120
Speaker 1: that old really important, so we wish him the best

1864
01:39:04,160 --> 01:39:05,880
Speaker 1: and we'll see how it all shakes out. So I

1865
01:39:05,880 --> 01:39:09,519
Speaker 1: have the acronym be fast. Balance. Does the person have

1866
01:39:09,560 --> 01:39:12,240
Speaker 1: a sudden loss of balance? Eyes? Has the person lost

1867
01:39:12,280 --> 01:39:14,679
Speaker 1: vision in one or both eyes? Face? Does the person's

1868
01:39:14,680 --> 01:39:18,639
Speaker 1: face look uneven? Arms? Is one arm? Week or numb? Speech?

1869
01:39:18,800 --> 01:39:21,120
Speaker 1: Is the person's speech slurt? Does the person have trouble

1870
01:39:21,280 --> 01:39:24,760
Speaker 1: speaking or seem confused? Time? Call nine one one, now

1871
01:39:25,000 --> 01:39:27,400
Speaker 1: be fast. So I'm going to have that etched in

1872
01:39:27,439 --> 01:39:30,280
Speaker 1: my memory. Here's your public health announcement. But do not

1873
01:39:30,320 --> 01:39:32,960
Speaker 1: take all of advice from me. Okay, thank you all

1874
01:39:33,040 --> 01:39:35,480
Speaker 1: very much for watching. We really appreciate it. We appreciate

1875
01:39:35,520 --> 01:39:37,400
Speaker 1: all of your support of the show. Coming up on

1876
01:39:37,439 --> 01:39:40,080
Speaker 1: our one year anniversary, which is really insane, we have

1877
01:39:40,120 --> 01:39:42,200
Speaker 1: some big things planned, some big announcements plan that our

1878
01:39:42,200 --> 01:39:45,559
Speaker 1: premiums got a little taste of during our AMA. It's

1879
01:39:45,600 --> 01:39:47,639
Speaker 1: going to be a lot of fun and I really

1880
01:39:47,680 --> 01:39:50,800
Speaker 1: can't wait for that. We also have an upcoming video premiums.

1881
01:39:51,200 --> 01:39:53,080
Speaker 1: Stay tuned we're going to be giving you guys kind

1882
01:39:53,080 --> 01:39:54,960
Speaker 1: of the state of the union on how exactly you

1883
01:39:55,040 --> 01:39:57,439
Speaker 1: spent the first year, the breaking points, Yeah, state of

1884
01:39:57,479 --> 01:40:00,880
Speaker 1: the breaking points, plans for year two expansion and all

1885
01:40:00,920 --> 01:40:02,960
Speaker 1: of that that you guys are helping or you could

1886
01:40:02,960 --> 01:40:04,200
Speaker 1: be a part of. If you want to be a

1887
01:40:04,200 --> 01:40:06,360
Speaker 1: part of that ahead of the major announcement, you can

1888
01:40:06,400 --> 01:40:08,599
Speaker 1: go ahead and become a premium subscriber. There's a link

1889
01:40:08,600 --> 01:40:10,800
Speaker 1: down there in description. We really appreciate it, and we'll

1890
01:40:10,800 --> 01:40:12,920
Speaker 1: see you all tomorrow. Love y'all, See you tomorrow.