1 00:00:03,760 --> 00:00:08,319 Speaker 1: It's that time, time, time, time, Luck and Load. 2 00:00:11,280 --> 00:00:13,720 Speaker 2: Michael Very Show is on the air. 3 00:00:15,480 --> 00:00:18,720 Speaker 3: The US is the first time in the history of 4 00:00:18,720 --> 00:00:22,600 Speaker 3: the world where a government was organized with a constitution 5 00:00:22,800 --> 00:00:27,320 Speaker 3: laying out the rules that the individual was supreme and dominant. 6 00:00:28,200 --> 00:00:30,920 Speaker 3: And that is what led to the US becoming the 7 00:00:31,000 --> 00:00:34,320 Speaker 3: greatest country ever because it unleashed people to be the 8 00:00:34,320 --> 00:00:37,120 Speaker 3: best they could be, unlike it had ever happens. That's 9 00:00:37,159 --> 00:00:38,400 Speaker 3: American exceptionalism. 10 00:00:38,640 --> 00:00:42,479 Speaker 4: Our resolve is unbroken and our purpose is unchanged to 11 00:00:42,560 --> 00:00:47,159 Speaker 4: delivery government that serves the American people better than ever before. 12 00:00:47,400 --> 00:00:50,360 Speaker 5: To win with every single facet. We're going to win 13 00:00:50,479 --> 00:00:53,599 Speaker 5: so much you may even get tired of winning. And 14 00:00:53,640 --> 00:00:57,120 Speaker 5: you say, please, please, it's too much winning. 15 00:00:57,360 --> 00:00:58,800 Speaker 1: We can't take it anymore. 16 00:00:59,080 --> 00:01:02,320 Speaker 5: Mister President, It's too much, and I'll say, no, it 17 00:01:02,440 --> 00:01:04,920 Speaker 5: is it. We have to keep winning. We have to 18 00:01:04,959 --> 00:01:08,680 Speaker 5: win more. We're gonna win more. We're gonna win so nice. 19 00:01:08,760 --> 00:01:09,720 Speaker 1: You never think that. 20 00:01:12,959 --> 00:01:16,240 Speaker 3: You never did that would ever get together again the. 21 00:01:18,959 --> 00:01:23,679 Speaker 2: Laugh again. 22 00:01:22,480 --> 00:01:27,240 Speaker 6: It is a tall, crowd city build on rocks stronger 23 00:01:27,240 --> 00:01:31,600 Speaker 6: than oceans, wind swept god lift and teeming with people 24 00:01:31,640 --> 00:01:35,400 Speaker 6: of all kinds living in harmony and peace. A city 25 00:01:35,400 --> 00:01:39,000 Speaker 6: with pre ports that hunged with commerce and creativity. 26 00:01:39,600 --> 00:01:40,520 Speaker 1: And if there had to. 27 00:01:40,440 --> 00:01:43,959 Speaker 6: Be city walls, the walls had doors, and the doors 28 00:01:43,959 --> 00:01:46,920 Speaker 6: were open to anyone with the wills and the heart 29 00:01:47,000 --> 00:01:50,320 Speaker 6: to get there. That's how I saw it and see 30 00:01:50,320 --> 00:01:50,720 Speaker 6: it still. 31 00:01:51,040 --> 00:01:54,880 Speaker 4: And we will restore and renovate our nations once great cities, 32 00:01:54,960 --> 00:01:58,760 Speaker 4: making them safe, clean and beautiful again. And that includes 33 00:01:58,960 --> 00:02:04,400 Speaker 4: our nation's cap. 34 00:02:05,320 --> 00:02:14,080 Speaker 2: That we get together again about it. 35 00:02:15,200 --> 00:02:19,639 Speaker 7: Under my planing, incomes will skyrocket, inflation will vanish completely, 36 00:02:19,760 --> 00:02:22,880 Speaker 7: jobs will come roaring back, and the middle class will 37 00:02:22,919 --> 00:02:25,800 Speaker 7: prosper like never ever before. 38 00:02:25,880 --> 00:02:27,760 Speaker 2: And we're going to do it very rapidly. 39 00:02:29,680 --> 00:02:33,520 Speaker 4: I will bring back the American dream. 40 00:02:34,080 --> 00:02:37,320 Speaker 8: It's a good day in America. Christopher Ray has resigned. 41 00:02:37,400 --> 00:02:41,280 Speaker 8: It's good to remember that Christopher Ray was believed by 42 00:02:41,320 --> 00:02:43,720 Speaker 8: many Republicans to be a guy who was for truth 43 00:02:43,760 --> 00:02:46,000 Speaker 8: and justice and honor, and he turned out to me 44 00:02:46,200 --> 00:02:50,679 Speaker 8: fearlessly as bad for America and Trump Americans as anyone. 45 00:02:51,280 --> 00:02:52,000 Speaker 1: Just be careful. 46 00:02:52,040 --> 00:02:56,240 Speaker 8: There's a lot of wolves in sheep's clothing. But he 47 00:02:56,360 --> 00:02:59,840 Speaker 8: sees the riding on the wall. He does, and I 48 00:03:00,000 --> 00:03:02,960 Speaker 8: I really hope Christopher Ray gets his come uppance and 49 00:03:03,000 --> 00:03:05,840 Speaker 8: resigning will not be enough for that. That's all I'm 50 00:03:05,840 --> 00:03:08,800 Speaker 8: going to have to say about that today. 51 00:03:09,200 --> 00:03:13,359 Speaker 4: With great humility, I am asking you to be excited 52 00:03:14,120 --> 00:03:15,840 Speaker 4: about the future of our country. 53 00:03:15,919 --> 00:03:17,640 Speaker 1: Be excited. Be excited. 54 00:03:22,560 --> 00:03:27,320 Speaker 8: One of the things that becomes abundantly clear when you 55 00:03:27,360 --> 00:03:31,799 Speaker 8: study how the deep state works is that you realize 56 00:03:32,440 --> 00:03:34,440 Speaker 8: that sex is. 57 00:03:34,360 --> 00:03:35,680 Speaker 1: The weakness. 58 00:03:36,800 --> 00:03:42,000 Speaker 8: Of most men, and that when you need to compromise 59 00:03:42,080 --> 00:03:49,040 Speaker 8: someone and own them even more than money, you compromise 60 00:03:49,160 --> 00:03:56,560 Speaker 8: them with sex. This is as old as mankind. The 61 00:03:56,720 --> 00:04:07,160 Speaker 8: idea of using a woman as to lure someone, a general, 62 00:04:07,400 --> 00:04:12,720 Speaker 8: a leader, a president, and then you've compromised them to 63 00:04:12,760 --> 00:04:18,200 Speaker 8: get information or to blackmail them. It's going on in 64 00:04:18,200 --> 00:04:21,880 Speaker 8: our country, and it's been going on, and we've had 65 00:04:21,920 --> 00:04:26,919 Speaker 8: a series of very high profile cases that are exposing this. 66 00:04:29,800 --> 00:04:33,640 Speaker 8: Of course, you have Epstein and the cover up of Epstein. 67 00:04:33,680 --> 00:04:35,760 Speaker 8: I mean, it's just grotesque what they've done in front 68 00:04:35,800 --> 00:04:40,760 Speaker 8: of us, right. Why can't you release the list? We 69 00:04:40,839 --> 00:04:44,640 Speaker 8: all know some of the names on that list. You 70 00:04:44,760 --> 00:04:47,560 Speaker 8: going to this island and look at the powerful people 71 00:04:47,560 --> 00:04:51,400 Speaker 8: and what they're up to. That wasn't Jeffrey Epstein being 72 00:04:51,480 --> 00:04:56,360 Speaker 8: a nice guy. That's the Chinese running that thing. And 73 00:04:56,440 --> 00:05:02,479 Speaker 8: compromising Americans. Well, how about the Diddy party? And now 74 00:05:02,520 --> 00:05:07,800 Speaker 8: you find out that jay Z was involved in all 75 00:05:07,839 --> 00:05:12,360 Speaker 8: that Allegedly. The lawyer that's bringing a lot of those 76 00:05:12,400 --> 00:05:14,839 Speaker 8: cases is a friend of the show, Tony Busby. He's 77 00:05:15,279 --> 00:05:20,320 Speaker 8: based here in Houston, and he's now dragged jay Z 78 00:05:20,520 --> 00:05:23,240 Speaker 8: into this. And in the past you would have thought, 79 00:05:23,240 --> 00:05:26,760 Speaker 8: oh it isn't. Now do you doubt for a moment. 80 00:05:29,600 --> 00:05:34,960 Speaker 8: Larry Johnson, a former NFL star, was on Jason Whitlock's podcast, 81 00:05:35,760 --> 00:05:38,919 Speaker 8: which is called Fearless. I think Whitlock does a good job, 82 00:05:41,440 --> 00:05:44,480 Speaker 8: and Larry Johnson claims to have been at a party 83 00:05:46,200 --> 00:05:53,440 Speaker 8: with jay Z's wife, Beyonce when children were brought in 84 00:05:54,560 --> 00:05:57,359 Speaker 8: and I'll just let you hear what he had to 85 00:05:57,400 --> 00:05:58,800 Speaker 8: say in his own words. 86 00:05:59,360 --> 00:06:02,160 Speaker 9: When Jay was going after b B was a very 87 00:06:02,200 --> 00:06:05,200 Speaker 9: young woman. Now, I did a rock up word photo 88 00:06:05,240 --> 00:06:08,039 Speaker 9: shoot in Colorado, and I think it was during the 89 00:06:08,040 --> 00:06:13,120 Speaker 9: winter time of six or seven, and Naomi Campbell was there, 90 00:06:13,440 --> 00:06:14,560 Speaker 9: Actress Jamie King. 91 00:06:14,560 --> 00:06:16,760 Speaker 2: Was there, Jay was there. 92 00:06:16,920 --> 00:06:20,560 Speaker 9: B was there, and he rented this house and we were 93 00:06:20,520 --> 00:06:21,840 Speaker 9: supposed to do this rap party for. 94 00:06:21,800 --> 00:06:22,520 Speaker 1: This photo shoot. 95 00:06:22,760 --> 00:06:26,120 Speaker 9: We rented this house and we were watching Lebron play 96 00:06:26,160 --> 00:06:27,880 Speaker 9: and after the game it had to have been like 97 00:06:27,960 --> 00:06:30,839 Speaker 9: ten or eleven o'clock, so we getting ready to party. 98 00:06:31,120 --> 00:06:33,800 Speaker 9: Mind you, it's all adults. There was a thirty year 99 00:06:33,800 --> 00:06:36,760 Speaker 9: old or fourty year old teenage Latin girl that was there, 100 00:06:36,760 --> 00:06:38,360 Speaker 9: and I think she had to leave because she had 101 00:06:38,400 --> 00:06:40,320 Speaker 9: school and she had to do homework. But she brought 102 00:06:40,320 --> 00:06:43,000 Speaker 9: her mother with her, so it was no funny business 103 00:06:43,000 --> 00:06:45,440 Speaker 9: going on, which I could respect that. So when eleven 104 00:06:45,480 --> 00:06:48,760 Speaker 9: o'clock hit, we turned on the music, we started drinking, 105 00:06:48,960 --> 00:06:51,640 Speaker 9: and then out of nowhere came these young children. I 106 00:06:51,680 --> 00:06:54,360 Speaker 9: don't know where they came from, for a rap party 107 00:06:54,360 --> 00:06:57,120 Speaker 9: at eleven o'clock at night, drinking ale music in us 108 00:06:57,200 --> 00:06:59,640 Speaker 9: dancing wild like I don't know where these kids came from. 109 00:07:00,040 --> 00:07:01,919 Speaker 9: And then I happened to sit down because I was 110 00:07:02,000 --> 00:07:04,520 Speaker 9: dancing with one of the assistants, and I sat next 111 00:07:04,520 --> 00:07:06,599 Speaker 9: to this child, and the child sat next to Beyonce. 112 00:07:07,160 --> 00:07:10,760 Speaker 9: So I hear bees say something about doesn't this look sexy? 113 00:07:10,840 --> 00:07:13,760 Speaker 9: Or isn't it sexy? In my mind and mind you, 114 00:07:13,840 --> 00:07:16,520 Speaker 9: I'm not awakened as I'm awakened now, so in my 115 00:07:16,600 --> 00:07:19,920 Speaker 9: mind I'm like, what did she just say? And then 116 00:07:19,920 --> 00:07:21,920 Speaker 9: I didn't pay no attention to it, and then you know, 117 00:07:21,960 --> 00:07:23,640 Speaker 9: obviously the liquor took hold of me and I had 118 00:07:23,680 --> 00:07:25,720 Speaker 9: to leave. So I said by to everybody and left, 119 00:07:25,760 --> 00:07:28,200 Speaker 9: but those kids remained. I don't know if those kids 120 00:07:28,200 --> 00:07:31,160 Speaker 9: were for from the photo shoot themselves, but the fact 121 00:07:31,200 --> 00:07:36,160 Speaker 9: that these kids came around adults during drinking hours or 122 00:07:36,240 --> 00:07:38,920 Speaker 9: parting hours was already alarming to me. So when I 123 00:07:38,960 --> 00:07:42,520 Speaker 9: hear something like this happens, I could I can't really 124 00:07:42,560 --> 00:07:45,640 Speaker 9: discount and say, oh, he could never do this, because 125 00:07:45,680 --> 00:07:48,280 Speaker 9: I'm hearing the stories. I'm seeing it with my own eyes, 126 00:07:48,320 --> 00:07:51,520 Speaker 9: and I've been in situations where something don't sound or 127 00:07:51,520 --> 00:07:53,680 Speaker 9: look right, and it's usually involving children. 128 00:07:55,800 --> 00:07:59,840 Speaker 8: Maybe he's overreacting, maybe he's out to inject himself into 129 00:07:59,840 --> 00:08:04,240 Speaker 8: the Maybe none of this even happened, But my goodness, 130 00:08:05,520 --> 00:08:09,520 Speaker 8: it's not that nothing's ever happened. I mean, what we 131 00:08:09,640 --> 00:08:13,960 Speaker 8: know of what happened at Epstein alone, now we know 132 00:08:14,320 --> 00:08:17,800 Speaker 8: what's beyond dispute. 133 00:08:16,760 --> 00:08:17,880 Speaker 1: With Kanye West. 134 00:08:19,320 --> 00:08:21,800 Speaker 8: I mean, this guy might be the Minister of oil 135 00:08:21,880 --> 00:08:24,200 Speaker 8: for this country at this rate. I can't believe he 136 00:08:24,440 --> 00:08:28,680 Speaker 8: just said that happens that Michael Varry Show. There's a 137 00:08:28,720 --> 00:08:30,920 Speaker 8: lot of people will tell you they don't pick their 138 00:08:30,960 --> 00:08:32,080 Speaker 8: nose or they won't admiss. 139 00:08:32,640 --> 00:08:34,840 Speaker 1: Now I'm not saying we should run around talking. 140 00:08:34,559 --> 00:08:39,520 Speaker 2: About it. 141 00:08:39,880 --> 00:08:40,400 Speaker 1: Or farting. 142 00:08:40,679 --> 00:08:46,439 Speaker 8: People will deny they fart or masturbation. 143 00:08:47,640 --> 00:08:51,720 Speaker 1: Or any number of other things. And it's kind of 144 00:08:51,720 --> 00:08:52,360 Speaker 1: one of those things. 145 00:08:52,400 --> 00:08:54,800 Speaker 2: And there's so. 146 00:08:55,400 --> 00:08:59,400 Speaker 1: Much depending on the culture where you are. There's so much. 147 00:09:00,520 --> 00:09:04,320 Speaker 8: Anxiety and so many emotions that go into there, so 148 00:09:04,320 --> 00:09:08,360 Speaker 8: many secrets that are kept, so much shame, everything that 149 00:09:08,400 --> 00:09:09,120 Speaker 8: goes into all this. 150 00:09:10,640 --> 00:09:12,760 Speaker 1: Mental health problems. Does that matter, same deal? 151 00:09:14,600 --> 00:09:24,040 Speaker 8: And because of this, people who want to control other 152 00:09:24,160 --> 00:09:29,680 Speaker 8: people will use whatever they need to do to do that, 153 00:09:31,480 --> 00:09:37,040 Speaker 8: whether that's powerful men who want to have sex with 154 00:09:38,080 --> 00:09:41,200 Speaker 8: young ladies or for that matter, of young men, and 155 00:09:41,280 --> 00:09:43,600 Speaker 8: so they give them money to do it, or they 156 00:09:43,640 --> 00:09:47,880 Speaker 8: offer them a career advancement, or they drug them and 157 00:09:47,920 --> 00:09:53,040 Speaker 8: do it against their wishes. Well, that is disturbing in 158 00:09:53,080 --> 00:09:57,880 Speaker 8: and of itself, that that's happening. It's also criminal, highly criminal. 159 00:10:00,000 --> 00:10:04,559 Speaker 8: Also overlay into that, if one percent of the allegations 160 00:10:04,600 --> 00:10:08,280 Speaker 8: against Sean Combs also known as Diddy, also known as 161 00:10:08,320 --> 00:10:13,840 Speaker 8: Puffy and any number of otherness, if even one percent 162 00:10:13,840 --> 00:10:17,640 Speaker 8: of it is true, and then you bring in the 163 00:10:17,679 --> 00:10:20,160 Speaker 8: parties that he had, and how many people are now 164 00:10:20,200 --> 00:10:21,280 Speaker 8: stepping forward and. 165 00:10:23,120 --> 00:10:24,199 Speaker 1: You find out that. 166 00:10:24,240 --> 00:10:27,640 Speaker 8: People have been saying these things for years and they 167 00:10:27,679 --> 00:10:29,480 Speaker 8: were just sort of ignored and dismissed. 168 00:10:30,480 --> 00:10:31,360 Speaker 2: Whether it be Kat. 169 00:10:31,200 --> 00:10:36,320 Speaker 8: Williams now Jamie Fox has a comedy routine where he 170 00:10:36,440 --> 00:10:40,240 Speaker 8: makes a reference to that, and you know, you don't 171 00:10:40,280 --> 00:10:43,080 Speaker 8: know to what extent he's joking or not, because it 172 00:10:43,160 --> 00:10:46,920 Speaker 8: sure seems like he's suggesting that maybe his near death 173 00:10:46,960 --> 00:10:50,880 Speaker 8: experience was related to all of this. But now you're 174 00:10:50,920 --> 00:10:55,800 Speaker 8: getting into the court of law and you're noticing that 175 00:10:55,880 --> 00:10:58,719 Speaker 8: there are a lot of very powerful people who were 176 00:10:58,800 --> 00:11:02,640 Speaker 8: at these parties and if not engaged in these activities, 177 00:11:02,720 --> 00:11:08,360 Speaker 8: very likely around these activities and perhaps engaged in them. 178 00:11:08,480 --> 00:11:13,320 Speaker 1: And you start wondering, you know, think about this for 179 00:11:13,320 --> 00:11:13,680 Speaker 1: a moment. 180 00:11:13,960 --> 00:11:18,880 Speaker 8: You have a company Christmas party and Susie from accounting 181 00:11:18,920 --> 00:11:23,120 Speaker 8: has too much to dream and maybe she liplocks with 182 00:11:23,880 --> 00:11:25,040 Speaker 8: Tom from the warehouse. 183 00:11:26,040 --> 00:11:28,000 Speaker 1: The next day. Everybody in the company knows about it. 184 00:11:28,840 --> 00:11:29,720 Speaker 1: They're no secrets. 185 00:11:32,040 --> 00:11:37,480 Speaker 8: How have these things been silenced for so long? 186 00:11:39,480 --> 00:11:41,320 Speaker 1: And now we find out there. 187 00:11:41,200 --> 00:11:46,280 Speaker 8: Are documents out there, there were complaints, there were people 188 00:11:46,320 --> 00:11:50,480 Speaker 8: who were thirteen fourteen fifteen, who did tell the cops, 189 00:11:50,840 --> 00:11:56,640 Speaker 8: whose parents did take them to the cops. It's as 190 00:11:56,800 --> 00:12:01,280 Speaker 8: if there is a grand conspiracy to bury all of this. 191 00:12:01,600 --> 00:12:05,880 Speaker 1: Why and that tells you this is about more. 192 00:12:05,679 --> 00:12:12,520 Speaker 8: Than just the sexual act, that it would suggest that 193 00:12:12,600 --> 00:12:13,640 Speaker 8: this is about control. 194 00:12:15,360 --> 00:12:20,080 Speaker 1: These are very influential people. Now, I'm not saying that. 195 00:12:20,000 --> 00:12:21,920 Speaker 8: This is the sort of thing that causes people to 196 00:12:21,960 --> 00:12:25,280 Speaker 8: have to come out and endorse Kamala Harris years later, 197 00:12:25,440 --> 00:12:30,400 Speaker 8: But isn't it odd that everyone implicated did seem to 198 00:12:30,440 --> 00:12:33,520 Speaker 8: have sort of their hostage video moment where they're blinking, 199 00:12:33,600 --> 00:12:36,840 Speaker 8: I'm being tortured while they say Kamala Harris must be 200 00:12:36,880 --> 00:12:40,080 Speaker 8: our president. Well, who would have an interest in that? 201 00:12:41,600 --> 00:12:45,680 Speaker 8: So Larry Johnson, a former NFL player, went on Jason 202 00:12:45,679 --> 00:12:50,200 Speaker 8: Whitlock's podcast and he tells this story. Here he is 203 00:12:50,920 --> 00:12:57,440 Speaker 8: talking about the use of children two and sex with 204 00:12:57,559 --> 00:13:02,600 Speaker 8: children to shame you and thereby control you. 205 00:13:03,200 --> 00:13:03,520 Speaker 2: Again. 206 00:13:04,000 --> 00:13:05,839 Speaker 8: I don't know if Larry Johnson's making this up. I 207 00:13:05,840 --> 00:13:07,760 Speaker 8: don't know if any of this ever happened. I don't 208 00:13:07,760 --> 00:13:09,840 Speaker 8: know what his reason for saying it is. But you 209 00:13:09,960 --> 00:13:13,439 Speaker 8: have so many people coming forward now to tell these stories. 210 00:13:13,880 --> 00:13:17,640 Speaker 8: If you're making things up like this, you are subjecting 211 00:13:17,720 --> 00:13:24,440 Speaker 8: yourselves yourself to billionaires with big legal teams that can 212 00:13:24,559 --> 00:13:30,400 Speaker 8: bankrupt you with defamation and libel claims. You'd better be careful. 213 00:13:30,840 --> 00:13:33,240 Speaker 8: And these people are coming forward, how many people aren't 214 00:13:33,280 --> 00:13:36,880 Speaker 8: coming forward because they are scared of that anyway. 215 00:13:36,600 --> 00:13:37,240 Speaker 2: This is what he said. 216 00:13:37,840 --> 00:13:41,240 Speaker 9: We all know how shameful it is to be messing 217 00:13:41,240 --> 00:13:44,480 Speaker 9: around with a child, no matter what the age. And 218 00:13:44,520 --> 00:13:47,160 Speaker 9: they know that the majority of the people in this 219 00:13:47,320 --> 00:13:49,679 Speaker 9: country or in this world do not sit by and 220 00:13:49,679 --> 00:13:53,920 Speaker 9: when not let anybody abuse children. So that's more of 221 00:13:53,960 --> 00:13:58,439 Speaker 9: a shame thing they can control you with now sacrificing 222 00:13:58,520 --> 00:14:03,160 Speaker 9: somebody that's personal. You know, not many people can can 223 00:14:04,440 --> 00:14:07,080 Speaker 9: add those or connect those dots of who did what 224 00:14:07,240 --> 00:14:08,200 Speaker 9: and who did this. 225 00:14:08,679 --> 00:14:09,520 Speaker 2: But it happens. 226 00:14:09,960 --> 00:14:13,000 Speaker 9: But when it comes to sexual deviancy, as you said, 227 00:14:13,960 --> 00:14:17,600 Speaker 9: it's more of a we don't want the whole world 228 00:14:17,640 --> 00:14:19,360 Speaker 9: to know what you've really been up to, so you 229 00:14:19,480 --> 00:14:21,920 Speaker 9: have to do what we say do. And I think 230 00:14:21,960 --> 00:14:24,120 Speaker 9: that's how they move. And like you said, I think 231 00:14:24,160 --> 00:14:27,320 Speaker 9: they's like putting a worm on a hook they see 232 00:14:27,320 --> 00:14:28,880 Speaker 9: who bite. They're not going to come up to you 233 00:14:28,920 --> 00:14:31,040 Speaker 9: and say, hey, you like like five year olds. They're 234 00:14:31,080 --> 00:14:32,880 Speaker 9: not going to do that because you look at them weird, 235 00:14:33,000 --> 00:14:34,880 Speaker 9: or you might just punch them in the mouth. But 236 00:14:35,120 --> 00:14:38,480 Speaker 9: they'll put you in situations where if young children are around, 237 00:14:38,680 --> 00:14:40,920 Speaker 9: they'll move you into it. It may it may not 238 00:14:41,040 --> 00:14:42,920 Speaker 9: be a five year old, but they'll start at a 239 00:14:43,000 --> 00:14:45,160 Speaker 9: nineteen year old at a party. It'll go from a 240 00:14:45,280 --> 00:14:47,440 Speaker 9: fifteen year old at a party. Then you show up 241 00:14:47,440 --> 00:14:49,800 Speaker 9: at somebody's private home and residents and it's like a 242 00:14:49,880 --> 00:14:52,040 Speaker 9: nine year old. And then they keep going to see 243 00:14:52,040 --> 00:14:54,520 Speaker 9: how far you can go. And I don't want to 244 00:14:54,680 --> 00:14:56,640 Speaker 9: imagine it, but I know they go on as far 245 00:14:56,680 --> 00:14:59,080 Speaker 9: as they can go until they get into animals. And 246 00:14:59,160 --> 00:15:01,640 Speaker 9: I know when it comes to sexual demancy and it 247 00:15:01,680 --> 00:15:05,400 Speaker 9: comes to us, there is no backstop to that until 248 00:15:05,440 --> 00:15:08,800 Speaker 9: you reach an animal. And that's where if we talk 249 00:15:08,840 --> 00:15:11,960 Speaker 9: about the days of Noah, that's exactly where sexual devincy 250 00:15:12,080 --> 00:15:12,520 Speaker 9: ends up. 251 00:15:12,720 --> 00:15:14,720 Speaker 2: It ends up with animals. 252 00:15:15,280 --> 00:15:17,560 Speaker 1: And you may say, well, that's crazy. Where's all this 253 00:15:17,640 --> 00:15:18,160 Speaker 1: coming from. 254 00:15:20,480 --> 00:15:23,920 Speaker 8: What if I told you twenty years ago that the 255 00:15:23,960 --> 00:15:27,080 Speaker 8: next big push is going to be men dressed as women, 256 00:15:28,840 --> 00:15:31,560 Speaker 8: and then what if once that was normalized, it was 257 00:15:31,600 --> 00:15:35,240 Speaker 8: going to be and you will be required to say 258 00:15:35,280 --> 00:15:38,400 Speaker 8: you're attracted to them or else you're an evil person. 259 00:15:39,360 --> 00:15:41,560 Speaker 8: What if I was to tell you that government would 260 00:15:41,600 --> 00:15:47,720 Speaker 8: pay or their sex relation, that tampons would be put 261 00:15:47,840 --> 00:15:50,880 Speaker 8: in the boys locker room, I mean the boy's bathroom. 262 00:15:51,360 --> 00:15:53,080 Speaker 8: What if I had to tell you that doctors would 263 00:15:53,080 --> 00:15:55,280 Speaker 8: tell you that they can breastfeed even though science proves 264 00:15:55,280 --> 00:15:55,600 Speaker 8: they can. 265 00:15:56,040 --> 00:15:57,280 Speaker 1: What if I was to tell you that they're going 266 00:15:57,320 --> 00:15:57,880 Speaker 1: to dress. 267 00:15:57,720 --> 00:16:01,400 Speaker 8: Them up and make them a major members of the 268 00:16:01,440 --> 00:16:04,080 Speaker 8: governmental administration. What if I was going to tell you 269 00:16:04,240 --> 00:16:07,760 Speaker 8: that you're not allowed to protest when our soldiers dress 270 00:16:07,840 --> 00:16:10,760 Speaker 8: as women and make videos and the whole world can 271 00:16:10,840 --> 00:16:11,480 Speaker 8: see this. 272 00:16:11,680 --> 00:16:12,080 Speaker 2: Crazy? 273 00:16:13,240 --> 00:16:15,960 Speaker 8: I mean, look, yeah, I understand it sounds crazy. A 274 00:16:15,960 --> 00:16:17,680 Speaker 8: lot of stuff does. We're going to talk about the 275 00:16:17,720 --> 00:16:20,360 Speaker 8: cost of health care and why it's so much coming. 276 00:16:20,200 --> 00:16:28,240 Speaker 1: Up the Michael Berry Show, and some of you. 277 00:16:28,240 --> 00:16:31,440 Speaker 8: Know because I talk about my personal life on the air, 278 00:16:31,800 --> 00:16:35,000 Speaker 8: it's all I got to talk about, and I share 279 00:16:35,040 --> 00:16:38,640 Speaker 8: how I interact with the policies and politics that we 280 00:16:38,720 --> 00:16:41,120 Speaker 8: talk about, because at the end of the day, these 281 00:16:41,120 --> 00:16:42,760 Speaker 8: aren't academic discussions. 282 00:16:43,040 --> 00:16:43,320 Speaker 2: Right. 283 00:16:43,960 --> 00:16:47,320 Speaker 8: If the government takes over our health care, that's going 284 00:16:47,360 --> 00:16:50,520 Speaker 8: to affect you. And just because you're young and healthy 285 00:16:50,560 --> 00:16:54,680 Speaker 8: and haven't needed health care yet or recently. You don't 286 00:16:54,720 --> 00:16:57,720 Speaker 8: realize that, and you see it as some sort of 287 00:16:57,920 --> 00:17:01,760 Speaker 8: arcane or ethereal resustential discussion. 288 00:17:02,960 --> 00:17:03,640 Speaker 2: But that's not. 289 00:17:03,560 --> 00:17:04,480 Speaker 1: Where it is for me. 290 00:17:05,560 --> 00:17:07,520 Speaker 8: I have a brother who died of the clot shot, 291 00:17:07,680 --> 00:17:11,600 Speaker 8: A perfectly able bodied law enforcement officer with over thirty 292 00:17:11,680 --> 00:17:16,639 Speaker 8: years who died of the clock shot January twenty twenty two. 293 00:17:18,200 --> 00:17:23,040 Speaker 8: My father is eighty four, and since he was twenty 294 00:17:23,160 --> 00:17:25,880 Speaker 8: years old and had to be discharged from the Coastguard 295 00:17:26,280 --> 00:17:30,960 Speaker 8: on his deathbed with a severe case of diabetes and 296 00:17:31,000 --> 00:17:32,359 Speaker 8: they didn't know how to treat it back then, they 297 00:17:32,400 --> 00:17:36,880 Speaker 8: sent him home to die, and he read and experimented. 298 00:17:36,200 --> 00:17:36,920 Speaker 2: And here we are. 299 00:17:37,000 --> 00:17:40,439 Speaker 8: He's eighty four and still alive, still battling diabetes by 300 00:17:40,480 --> 00:17:40,760 Speaker 8: the day. 301 00:17:41,320 --> 00:17:42,000 Speaker 2: He is. 302 00:17:43,680 --> 00:17:46,720 Speaker 8: In constant contact with doctors, and many of them have 303 00:17:46,800 --> 00:17:49,280 Speaker 8: told me your dad knows more about diabetes than diabetes 304 00:17:49,320 --> 00:17:53,960 Speaker 8: doctors do, because in an era before we had proper insulin, 305 00:17:54,080 --> 00:17:56,480 Speaker 8: he was managing his blood sugar that's unheard of. And 306 00:17:56,520 --> 00:17:58,719 Speaker 8: he still has his vision in all ten of his 307 00:17:58,720 --> 00:18:02,240 Speaker 8: fingers and toes well. He's a man of great self 308 00:18:02,280 --> 00:18:06,000 Speaker 8: discipline and the willingness to experiment on himself and get 309 00:18:06,080 --> 00:18:08,240 Speaker 8: enough sleep and not drink, and you know, do the 310 00:18:08,280 --> 00:18:11,440 Speaker 8: things that are necessary. And then, of course my mother, 311 00:18:11,600 --> 00:18:14,639 Speaker 8: five years younger than him. My father was supposed to 312 00:18:14,680 --> 00:18:17,560 Speaker 8: go first, and my mother would nurse him until the 313 00:18:17,680 --> 00:18:21,200 Speaker 8: end of his life. And she up and passes on us. 314 00:18:21,720 --> 00:18:27,680 Speaker 8: And she ended up having als that basically just eventually 315 00:18:27,720 --> 00:18:31,639 Speaker 8: took over her body and left her unable to breathe. 316 00:18:31,640 --> 00:18:36,320 Speaker 1: Her lungs just wouldn't function, and it was a horrible, horrible. 317 00:18:35,880 --> 00:18:36,360 Speaker 2: Way to go. 318 00:18:36,480 --> 00:18:39,440 Speaker 8: She died in hospice at our home. I have been 319 00:18:39,520 --> 00:18:46,199 Speaker 8: in and out of hospitals just with these things so 320 00:18:46,359 --> 00:18:49,040 Speaker 8: many times over the last few years that I have 321 00:18:49,160 --> 00:18:54,439 Speaker 8: come to learn a lot about the medical care system. 322 00:18:54,640 --> 00:18:58,520 Speaker 8: You know, I had a minor stroke on August first, 323 00:18:58,560 --> 00:19:03,800 Speaker 8: twenty sixteen. You know, we've all had our medical issues. 324 00:19:03,840 --> 00:19:06,119 Speaker 8: I'm much better now about taking care of my health 325 00:19:06,160 --> 00:19:10,439 Speaker 8: and getting my checkups and all that. But the policy 326 00:19:11,000 --> 00:19:16,959 Speaker 8: issue of how we deliver healthcare in a marketplace of 327 00:19:17,040 --> 00:19:20,119 Speaker 8: people trying to heal you and provide wellness and prevent 328 00:19:20,160 --> 00:19:24,760 Speaker 8: all these things, it's gotten. It's all messed up, and 329 00:19:24,800 --> 00:19:29,600 Speaker 8: I don't think people really even understand why it's all 330 00:19:29,640 --> 00:19:32,919 Speaker 8: messed up, and so today I would like to step 331 00:19:32,960 --> 00:19:37,680 Speaker 8: back from the news of the day and address this. 332 00:19:38,320 --> 00:19:41,040 Speaker 8: There is a fellow who has been highly recommended when 333 00:19:41,080 --> 00:19:46,439 Speaker 8: I bring these questions up, named Charles Silver. He is 334 00:19:46,680 --> 00:19:50,600 Speaker 8: the McDonald Endowed Chair of Civil Procedure at the University 335 00:19:50,640 --> 00:19:53,639 Speaker 8: of Texas at Austin School of Law. 336 00:19:54,040 --> 00:19:54,720 Speaker 2: I don't know. 337 00:19:54,720 --> 00:19:56,240 Speaker 8: If he was there when I was there in the 338 00:19:56,240 --> 00:20:00,960 Speaker 8: mid nineties. I don't know him, but his wor has 339 00:20:01,000 --> 00:20:09,159 Speaker 8: been widely widely discussed, particularly his book Overcharged, Why Americans 340 00:20:09,240 --> 00:20:14,840 Speaker 8: Pay too Much for Healthcare. Professor Silver, welcome to the program. 341 00:20:16,480 --> 00:20:18,000 Speaker 2: Thank you, Michael, pleasure to be here. 342 00:20:18,119 --> 00:20:21,560 Speaker 8: I must first ask you if you were on faculty 343 00:20:22,320 --> 00:20:24,920 Speaker 8: from ninety three to ninety six when I was there. 344 00:20:26,560 --> 00:20:27,040 Speaker 2: I was. 345 00:20:27,240 --> 00:20:29,879 Speaker 10: I started teaching at Texas in nineteen eighty seven. 346 00:20:30,240 --> 00:20:34,879 Speaker 8: Oh well, okay, well, I was a Lino Graulia acolyte 347 00:20:36,040 --> 00:20:40,480 Speaker 8: and I was the first crop. There were two of 348 00:20:40,560 --> 00:20:44,520 Speaker 8: us that were sent to England to get an LLM degree, 349 00:20:45,000 --> 00:20:47,920 Speaker 8: So I was kind of checked out after my second year. 350 00:20:47,960 --> 00:20:49,920 Speaker 8: Once I had my offer, I was kind of checked out. 351 00:20:49,960 --> 00:20:53,959 Speaker 8: But I'm sorry that I never met you. I had 352 00:20:54,000 --> 00:20:57,400 Speaker 8: a wonderful experience at the University of Texas School of Law. 353 00:20:57,400 --> 00:21:02,240 Speaker 8: It's a great university law school, and I am the 354 00:21:02,320 --> 00:21:04,359 Speaker 8: better for it. So I think a lot of you 355 00:21:04,440 --> 00:21:08,080 Speaker 8: for being on factory there. It's a great institution. Let's 356 00:21:08,119 --> 00:21:08,560 Speaker 8: thank you. 357 00:21:08,640 --> 00:21:10,600 Speaker 10: I'm sorry I didn't get to meet you when you 358 00:21:10,640 --> 00:21:11,199 Speaker 10: were a student. 359 00:21:11,520 --> 00:21:17,480 Speaker 8: Indeed, the book overcharged Why Americans pay too much for healthcare? 360 00:21:18,200 --> 00:21:21,000 Speaker 8: If somebody says, Michael, I'm going to come back and 361 00:21:21,040 --> 00:21:24,120 Speaker 8: listen on the podcast later, but give me the one 362 00:21:24,200 --> 00:21:27,560 Speaker 8: minute answer, and then let's get granular and dig into this, 363 00:21:27,880 --> 00:21:30,440 Speaker 8: what's the one minute answer as to why we pay 364 00:21:30,480 --> 00:21:31,440 Speaker 8: too much for healthcare? 365 00:21:34,840 --> 00:21:40,600 Speaker 10: The one minute answer, we rely far too heavily on 366 00:21:40,880 --> 00:21:46,639 Speaker 10: third party payment arrangements, which means insurance companies, Medicare, Medicaid, 367 00:21:47,600 --> 00:21:51,960 Speaker 10: Trycare Va, whatever they happen to be, instead of paying 368 00:21:52,000 --> 00:21:54,679 Speaker 10: for health care directly, the same way we pay for 369 00:21:54,760 --> 00:21:56,320 Speaker 10: pretty much everything else. 370 00:21:56,119 --> 00:21:58,960 Speaker 2: Food, cars, housing. 371 00:22:00,480 --> 00:22:05,280 Speaker 10: You know, we pay for the vast majority of things directly, 372 00:22:05,400 --> 00:22:08,680 Speaker 10: meaning we pay for them ourselves, and we don't have 373 00:22:08,720 --> 00:22:12,320 Speaker 10: the problem of excessive spending or inflation or costs, or 374 00:22:12,400 --> 00:22:15,600 Speaker 10: hidden bills or surprise bills or phony charges. 375 00:22:16,200 --> 00:22:17,480 Speaker 2: All that works really well. 376 00:22:17,520 --> 00:22:21,920 Speaker 10: The one exception is the healthcare sector, where we rely 377 00:22:22,359 --> 00:22:26,160 Speaker 10: very very extensively on third parties to pay for things, 378 00:22:26,160 --> 00:22:27,720 Speaker 10: and that just screws everything up. 379 00:22:28,359 --> 00:22:29,480 Speaker 2: Now, the other thing is we have. 380 00:22:29,640 --> 00:22:33,760 Speaker 10: Way too much governmental involvement in the healthcare sector. There 381 00:22:33,800 --> 00:22:38,159 Speaker 10: are lots and lots of regulations that make things worse 382 00:22:38,240 --> 00:22:41,639 Speaker 10: for consumers. By and large, the regulations have the purpose 383 00:22:41,720 --> 00:22:46,280 Speaker 10: of protecting the producers, not the consumers. So we should 384 00:22:46,280 --> 00:22:51,600 Speaker 10: do a lot less in that way. 385 00:22:51,680 --> 00:22:52,440 Speaker 2: You did that. 386 00:22:52,640 --> 00:22:55,200 Speaker 1: You were technically finished at fifty eight seconds. 387 00:22:55,359 --> 00:22:59,640 Speaker 8: You added an addendum to the end that I will admit, 388 00:23:01,480 --> 00:23:05,119 Speaker 8: I will it is admissible in this case. But you 389 00:23:05,320 --> 00:23:08,240 Speaker 8: achieved the fifty eight seconds. I'm quite impressed that you 390 00:23:08,280 --> 00:23:12,119 Speaker 8: did that. So let's start drilling down on these things. 391 00:23:12,800 --> 00:23:15,080 Speaker 8: I got a minute left in this segment, but I 392 00:23:15,160 --> 00:23:19,680 Speaker 8: have dedicated some time to talk about this because I 393 00:23:19,720 --> 00:23:22,679 Speaker 8: think a lot of people are frustrated, especially when they 394 00:23:22,720 --> 00:23:26,640 Speaker 8: start getting all these bills and they go to emergency 395 00:23:26,720 --> 00:23:29,720 Speaker 8: room and the place is packed, and then they can't 396 00:23:29,760 --> 00:23:33,119 Speaker 8: get in to see a doctor, and then they wonder, 397 00:23:33,520 --> 00:23:35,720 Speaker 8: you know, why does something cost ten thousand dollars that 398 00:23:35,800 --> 00:23:36,719 Speaker 8: took twenty minutes. 399 00:23:36,720 --> 00:23:39,760 Speaker 1: It just there's nothing else that requires this. 400 00:23:40,320 --> 00:23:46,000 Speaker 8: It all seems so frustrating to people, and I would 401 00:23:46,119 --> 00:23:50,639 Speaker 8: like to drill down and get into the actual reasons 402 00:23:50,760 --> 00:23:57,000 Speaker 8: why this works. Let me start by prefacing, and we'll 403 00:23:57,000 --> 00:23:58,480 Speaker 8: get to this in the next segment, because I don't 404 00:23:58,480 --> 00:24:00,879 Speaker 8: want to have to cut you off. I want to 405 00:24:00,920 --> 00:24:03,000 Speaker 8: first talk about what if we were to do a 406 00:24:03,119 --> 00:24:06,560 Speaker 8: zero based budget, we were to go back to John 407 00:24:06,600 --> 00:24:10,560 Speaker 8: Locke's state of nature, and let's start all over and 408 00:24:10,600 --> 00:24:13,000 Speaker 8: have a cash only. 409 00:24:14,359 --> 00:24:15,679 Speaker 1: Health delivery system. 410 00:24:15,760 --> 00:24:18,760 Speaker 8: Let's do away with insurance, and let's talk about who 411 00:24:18,840 --> 00:24:22,040 Speaker 8: the winners and losers out of that would be. And 412 00:24:22,119 --> 00:24:26,200 Speaker 8: more importantly, if I'm if I'm a consumer of health services, 413 00:24:26,720 --> 00:24:29,160 Speaker 8: because I don't believe that healthcare is a right. If 414 00:24:29,160 --> 00:24:32,520 Speaker 8: I'm a consumer of health services, would this be better 415 00:24:32,680 --> 00:24:36,479 Speaker 8: or worse for me? So hang tight right there. Our 416 00:24:36,520 --> 00:24:39,280 Speaker 8: guest is Professor Charles Silver. I encourage you to read 417 00:24:39,320 --> 00:24:46,680 Speaker 8: the book Overcharged, Why Americans Pay Too Much for Healthcare? 418 00:24:46,720 --> 00:24:49,680 Speaker 2: Coming up. This is the. 419 00:24:49,720 --> 00:24:51,879 Speaker 8: Michael Berry Show, locked and loaded. 420 00:24:53,119 --> 00:24:54,080 Speaker 2: Load it. 421 00:25:00,080 --> 00:25:01,359 Speaker 1: Almost at the end. 422 00:25:01,400 --> 00:25:04,880 Speaker 8: I've given him a moment to consider, Professor, what if 423 00:25:04,880 --> 00:25:08,240 Speaker 8: we go back the book is Overcharged Why Americans Pay 424 00:25:08,320 --> 00:25:10,680 Speaker 8: too Much for Healthcare? What if we did away with 425 00:25:10,760 --> 00:25:12,840 Speaker 8: all insurance and we went cash only. How would that 426 00:25:12,920 --> 00:25:13,480 Speaker 8: change things? 427 00:25:16,000 --> 00:25:18,000 Speaker 10: It would change a lot of things for the better, 428 00:25:18,080 --> 00:25:21,439 Speaker 10: but some things for the worse. So a lot of 429 00:25:21,480 --> 00:25:24,159 Speaker 10: things would be better, you know, we wouldn't have to 430 00:25:24,200 --> 00:25:28,640 Speaker 10: worry about things like surprise medical bills where you don't 431 00:25:28,680 --> 00:25:30,560 Speaker 10: even know what something is going to cost when you 432 00:25:30,600 --> 00:25:35,240 Speaker 10: get the service delivered. There's actually a very large retail 433 00:25:35,359 --> 00:25:39,119 Speaker 10: health sector. So if you want to get laser by surgery, 434 00:25:39,200 --> 00:25:41,560 Speaker 10: for example, you have to pay for that yourself because 435 00:25:41,600 --> 00:25:45,560 Speaker 10: it's not covered by insurance typically, But you know what, 436 00:25:46,320 --> 00:25:50,120 Speaker 10: it's actually very affordable and the price for laser surgery. 437 00:25:50,280 --> 00:25:51,120 Speaker 2: Are you ready for this? 438 00:25:51,240 --> 00:25:56,560 Speaker 10: The price has substantially declined since Lasik was developed, and 439 00:25:56,600 --> 00:25:58,879 Speaker 10: it's gotten much better too. There are new forms of 440 00:25:59,000 --> 00:26:03,560 Speaker 10: lasik and all that has happened because there is no 441 00:26:03,760 --> 00:26:08,840 Speaker 10: overlay of insurance. Where in the healthcare sector, except in 442 00:26:08,880 --> 00:26:13,879 Speaker 10: the private payment sector, can one find prices that have declined. 443 00:26:14,560 --> 00:26:17,159 Speaker 10: You know, there are no hospital services that I'm aware 444 00:26:17,160 --> 00:26:18,000 Speaker 10: of that cost. 445 00:26:17,920 --> 00:26:19,600 Speaker 2: Less now than they used to. 446 00:26:20,680 --> 00:26:24,760 Speaker 10: But in the private sector where we purchase cosmetic surgery. 447 00:26:24,840 --> 00:26:29,000 Speaker 10: I mentioned lasik. There's also the Surgery Center of Oklahoma, 448 00:26:29,119 --> 00:26:32,240 Speaker 10: which takes operates on a cash basis, But there are 449 00:26:32,240 --> 00:26:36,000 Speaker 10: lots of services that people can buy directly, and those 450 00:26:36,040 --> 00:26:39,199 Speaker 10: things that part of the market works incredibly well with. 451 00:26:39,240 --> 00:26:41,640 Speaker 10: As I said, we don't have surprise bills. Everybody knows 452 00:26:41,640 --> 00:26:44,760 Speaker 10: that they're going to pay before the service is delivered, 453 00:26:44,840 --> 00:26:47,840 Speaker 10: and nobody gets billed for more than the price. The 454 00:26:47,920 --> 00:26:50,439 Speaker 10: prices are posted, we don't have to have a you know, 455 00:26:50,560 --> 00:26:55,000 Speaker 10: in the hospital sector, we have this federal transparity rule 456 00:26:55,119 --> 00:26:59,000 Speaker 10: transparency rule that hospitals routinely ignore that's supposed to require 457 00:26:59,040 --> 00:27:02,200 Speaker 10: them to post their price. But in the retail sector, 458 00:27:02,800 --> 00:27:05,520 Speaker 10: we don't have that, and everybody posts their prices anyway. 459 00:27:06,400 --> 00:27:08,600 Speaker 10: So a lot of things would work better if we 460 00:27:08,640 --> 00:27:11,320 Speaker 10: did that, But the one thing that would work worse 461 00:27:11,480 --> 00:27:17,960 Speaker 10: would be emergencies where you're facing a risk of a 462 00:27:18,040 --> 00:27:22,760 Speaker 10: catastrophic cost that you know, people just can't afford to 463 00:27:22,800 --> 00:27:23,560 Speaker 10: bear on their own. 464 00:27:23,640 --> 00:27:27,520 Speaker 2: That's where insurance has a role to play. Catastrophic costs. 465 00:27:27,680 --> 00:27:32,960 Speaker 8: Yeah, Professor, I have long advocated that we should. If 466 00:27:33,000 --> 00:27:37,360 Speaker 8: people would understand, for instance, I only have liability insurance 467 00:27:37,560 --> 00:27:39,840 Speaker 8: on my vehicles, and people so you have to no, no, 468 00:27:40,119 --> 00:27:42,800 Speaker 8: I pay cash for my vehicles. The only reason people 469 00:27:42,840 --> 00:27:46,679 Speaker 8: are over insured in most cases is because the person 470 00:27:46,760 --> 00:27:49,520 Speaker 8: holding the loan wants you to have insurance for more 471 00:27:49,560 --> 00:27:52,920 Speaker 8: than the value of what they're of what they've loaned 472 00:27:52,920 --> 00:27:56,480 Speaker 8: you money for in case the thing get gets burned 473 00:27:56,520 --> 00:28:00,000 Speaker 8: down or trash. They want their money once. You don't 474 00:28:00,160 --> 00:28:02,160 Speaker 8: have to do that. In my opinion, I'm a safe driver. 475 00:28:02,200 --> 00:28:04,480 Speaker 8: I've never met an insurance claim. In my opinion, it's 476 00:28:04,480 --> 00:28:07,520 Speaker 8: a bad business deal. So what I tell people to 477 00:28:07,560 --> 00:28:12,120 Speaker 8: do is get catastrophic health insurance so when it hits 478 00:28:12,119 --> 00:28:15,040 Speaker 8: fifteen thousand and up, it's good. And then pay cash 479 00:28:15,119 --> 00:28:18,600 Speaker 8: and you'll be shocked how many doctors will discount what 480 00:28:19,400 --> 00:28:21,600 Speaker 8: you get and they're happy to have the cash. I 481 00:28:21,680 --> 00:28:24,480 Speaker 8: go to a doctor named Mary Tally Boden for all 482 00:28:24,520 --> 00:28:28,080 Speaker 8: my upper respiratory stuff, and she's a cash only doctor, 483 00:28:28,080 --> 00:28:29,840 Speaker 8: which is you know a lot of people are going 484 00:28:29,920 --> 00:28:32,639 Speaker 8: to and you go in and you make your payment 485 00:28:32,680 --> 00:28:36,840 Speaker 8: and it's insanely cheap, and then there's no documentation. Later, 486 00:28:36,920 --> 00:28:39,360 Speaker 8: there's no insurance letter arrives. 487 00:28:39,360 --> 00:28:39,960 Speaker 2: Do we pay this? 488 00:28:40,120 --> 00:28:41,120 Speaker 1: No, we wait to pay this. 489 00:28:41,520 --> 00:28:43,440 Speaker 8: She's happier, she doesn't have to have a bunch of 490 00:28:43,440 --> 00:28:45,880 Speaker 8: billiing clerks. You literally pay the same way if you 491 00:28:45,920 --> 00:28:48,800 Speaker 8: bought yogurt there. I think this is the answer. 492 00:28:48,840 --> 00:28:52,640 Speaker 10: Professor, Well, I agree with you because I go to 493 00:28:52,680 --> 00:28:56,120 Speaker 10: a doctor who works on the same basis. So my 494 00:28:56,280 --> 00:29:00,240 Speaker 10: doctor I pay a monthly subscription fee too that I 495 00:29:00,280 --> 00:29:03,760 Speaker 10: can go as many times as I want. You know, 496 00:29:03,840 --> 00:29:06,240 Speaker 10: I don't need to go all the time, fortunately, but 497 00:29:06,360 --> 00:29:08,760 Speaker 10: if I need to go, she usually can see me 498 00:29:08,800 --> 00:29:12,800 Speaker 10: either that day or the next day, and I get 499 00:29:12,840 --> 00:29:17,760 Speaker 10: some tests performed in house at no charge. And it's 500 00:29:17,800 --> 00:29:19,680 Speaker 10: a great working arrangement. 501 00:29:19,920 --> 00:29:20,920 Speaker 2: Like you, I don't get it. 502 00:29:21,360 --> 00:29:24,080 Speaker 10: I don't worry about my insurance company, you know, not 503 00:29:24,280 --> 00:29:25,320 Speaker 10: paying for something. 504 00:29:25,880 --> 00:29:27,040 Speaker 2: So I think I agree with you. 505 00:29:27,120 --> 00:29:31,400 Speaker 10: The cash payment is a very good approach for basic healthcare. 506 00:29:34,480 --> 00:29:39,160 Speaker 8: So let's have a little history lesson. Professor Charles Silver 507 00:29:39,280 --> 00:29:42,360 Speaker 8: is our guest. The book is called Overcharged, Why Americans 508 00:29:42,360 --> 00:29:45,800 Speaker 8: pay too much for healthcare. Let's go back to wherever 509 00:29:45,880 --> 00:29:48,120 Speaker 8: the starting point is you want it to be, nineteen 510 00:29:48,200 --> 00:29:51,640 Speaker 8: fifty or nineteen seventy. Where did it start going wrong? 511 00:29:51,720 --> 00:29:54,560 Speaker 8: Because we all know it's wrong. Now, where did it 512 00:29:54,640 --> 00:29:57,760 Speaker 8: start going wrong? Oh, that's easy. 513 00:29:57,960 --> 00:30:00,240 Speaker 10: It started going wrong in the mid nineteen six these 514 00:30:00,280 --> 00:30:05,720 Speaker 10: when Medicare and Medicaid came online. In my book, I 515 00:30:05,920 --> 00:30:11,800 Speaker 10: show how doctors and hospitals fees changed after Medicare and 516 00:30:11,880 --> 00:30:16,000 Speaker 10: Medicaid took effect in nineteen sixty five. And basically, both 517 00:30:16,000 --> 00:30:20,920 Speaker 10: of those statutes initially let doctors and hospitals charge whatever 518 00:30:20,960 --> 00:30:25,160 Speaker 10: they wanted for services, and so not surprisingly, they started 519 00:30:25,240 --> 00:30:29,920 Speaker 10: raising their rates immediately. I mean, really immediately after the 520 00:30:30,000 --> 00:30:34,040 Speaker 10: enactment of those programs, we were beset with health care 521 00:30:34,080 --> 00:30:37,640 Speaker 10: inflation that exceeded the real growth rate of the GDP, 522 00:30:38,520 --> 00:30:42,240 Speaker 10: and we have been struggling with healthcare inflation ever since. 523 00:30:43,240 --> 00:30:46,040 Speaker 10: But everything about the arrangement is wrong. I mean, who 524 00:30:46,040 --> 00:30:50,520 Speaker 10: in their right minds let's people who are selling things 525 00:30:50,560 --> 00:30:54,240 Speaker 10: set their own prices without any market constraints. I mean, 526 00:30:54,240 --> 00:30:57,560 Speaker 10: that's a recipe for disaster, right, And then, of course 527 00:30:57,600 --> 00:31:01,560 Speaker 10: that couldn't last forever. Government eventually did get into the 528 00:31:01,600 --> 00:31:05,280 Speaker 10: price setting business in Medicare and Medicaid. But of course 529 00:31:05,440 --> 00:31:08,400 Speaker 10: we all know that government price setting is terrible. It 530 00:31:08,480 --> 00:31:11,800 Speaker 10: never works properly. It's really hard to set good prices, 531 00:31:13,120 --> 00:31:18,000 Speaker 10: to set prices accurately, and moreover, the government really doesn't 532 00:31:18,040 --> 00:31:21,520 Speaker 10: have the right set of interests, you know, I want, 533 00:31:21,960 --> 00:31:23,920 Speaker 10: it's not just the price that matters to me. It's 534 00:31:23,920 --> 00:31:25,880 Speaker 10: the convenience, right, How long do I have to wait 535 00:31:25,920 --> 00:31:29,000 Speaker 10: to see my doctor? How friendly is my doctor? How 536 00:31:29,000 --> 00:31:31,360 Speaker 10: good is my doctor? There are all these things. Different 537 00:31:31,400 --> 00:31:36,239 Speaker 10: doctors should have different prices, and markets can work all 538 00:31:36,280 --> 00:31:39,640 Speaker 10: that stuff out, but governments just are notoriously unable to 539 00:31:39,680 --> 00:31:42,680 Speaker 10: do that, and so as a result, we've had this 540 00:31:42,840 --> 00:31:48,719 Speaker 10: terrible system. And because it's so terrible, it's constantly in 541 00:31:48,840 --> 00:31:52,560 Speaker 10: need of patching. I mean, every time I turn around, 542 00:31:52,640 --> 00:31:55,600 Speaker 10: there's a new bill, a new proposal being put on 543 00:31:55,600 --> 00:31:58,560 Speaker 10: the table for some kind of regulation to fix a 544 00:31:58,640 --> 00:32:02,240 Speaker 10: problem that only exists because the government created it. 545 00:32:02,240 --> 00:32:05,880 Speaker 2: It's never going to be fixed. It's impossible to fix it. 546 00:32:06,760 --> 00:32:10,680 Speaker 10: We really need to just scrap these arrangements and go 547 00:32:10,800 --> 00:32:14,840 Speaker 10: back to a simple cash based system for fundamental care, 548 00:32:15,840 --> 00:32:18,560 Speaker 10: and then things will start. It will immediately be out 549 00:32:18,560 --> 00:32:23,960 Speaker 10: of the spending crisis. The prices will moderate because hospitals 550 00:32:24,000 --> 00:32:26,239 Speaker 10: and doctors and drug companies and all that will have 551 00:32:26,280 --> 00:32:29,720 Speaker 10: to deal with the realities of the limited budgets of consumers. 552 00:32:30,120 --> 00:32:34,000 Speaker 10: They'll also have to face competition. That's hugely important. You 553 00:32:34,040 --> 00:32:37,080 Speaker 10: know one I mentioned the retail health sector. You know, 554 00:32:37,120 --> 00:32:40,480 Speaker 10: one of the reasons lasia is cheap is because there 555 00:32:40,520 --> 00:32:43,680 Speaker 10: are a lot of laser providers and any ophthalmologists can 556 00:32:43,840 --> 00:32:46,080 Speaker 10: enter the field who wants to, So there's a lot 557 00:32:46,080 --> 00:32:50,600 Speaker 10: of competition, and competition is good for consumers. So we 558 00:32:50,640 --> 00:32:55,280 Speaker 10: need to get rid of these competition frustrating regulations. 559 00:32:55,400 --> 00:32:57,120 Speaker 2: Let's increase the supply. 560 00:32:57,440 --> 00:33:01,000 Speaker 10: Let you know, foreign doctors who can pass American exams 561 00:33:01,040 --> 00:33:03,200 Speaker 10: come in and treat people. We need to just open 562 00:33:03,240 --> 00:33:08,120 Speaker 10: the floodgates for providers because we have this artificially created shortage. 563 00:33:08,320 --> 00:33:12,040 Speaker 10: You know, that's one of the waves that doctors and 564 00:33:12,120 --> 00:33:18,120 Speaker 10: hospitals have increased their revenue. It's by preventing new entrants 565 00:33:18,200 --> 00:33:21,480 Speaker 10: from coming in and out competing. So we have to 566 00:33:21,480 --> 00:33:22,640 Speaker 10: get rid of all that stuff. 567 00:33:23,160 --> 00:33:26,960 Speaker 8: Professor Charles Silver at the University of Texas School of Law, 568 00:33:27,160 --> 00:33:30,600 Speaker 8: my alma mater, is our guest. His book is Overcharged, 569 00:33:31,440 --> 00:33:37,320 Speaker 8: Why Americans pay to dang much for healthcare? I added 570 00:33:37,320 --> 00:33:39,480 Speaker 8: the dang, but I think we all feel it more. 571 00:33:39,520 --> 00:33:41,640 Speaker 8: With Professor Silver coming up to