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Speaker 1: Hey, guys, we're gonna be totally upfront with you. This

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Speaker 1: that's coming at us, but more importantly, to accurately report

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Speaker 1: the news as a wave of censorship spreads across the nation.

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Speaker 1: Breakingpoints dot com in order to subscribe. Thank you all

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Speaker 1: so much. We love you and we appreciate you. Enjoy

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Speaker 1: the show. Good morning, everybody, Happy Tuesday. We have an

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Speaker 1: amazing show for everybody today. What do we have, Crystal, Indeed,

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Speaker 1: we do lots of big stories. This morning. We're gonna

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Speaker 1: update you, of course, on what's happening on the grid

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Speaker 1: in Ukraine, some new diplomatic efforts, also the fallout in

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Speaker 1: the Russian economy, in addition massive drop in the Chinese markets.

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Speaker 1: It's really quite stunning. So we're going to talk to

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Speaker 1: you about that and what is going on there. A

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Speaker 1: truly brave protest unfolding on Russian State TV. We will

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Speaker 1: bring you those details as well as protests from some

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Speaker 1: of the citizens in Ukraine that are now in Russian

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Speaker 1: occupied territory. So a lot of courage and bravery there.

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Speaker 1: Will break down what's going on for you with Joe Biden,

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Speaker 1: some new polling there and his messaging and some insane

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Speaker 1: comments on the view like total maccarthyite authoritarianism. I mean,

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Speaker 1: it really is wild. What is sort of just being

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Speaker 1: casually put out there in the public space. Well, also

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Speaker 1: I'm Matt Tabion excited to get his take. Of course,

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Speaker 1: he lived in Russia and is Russian speaker actually, and

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Speaker 1: it'll be great to hear from him on how he

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Speaker 1: views all of the events that are unfolding. But we

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Speaker 1: do want to start as we have been, with what

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Speaker 1: is unfolding on the ground in Ukraine to the best

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Speaker 1: of our knowledge. Yeah, this is always a difficult one,

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Speaker 1: and of course we've been trying to do these battle

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Speaker 1: updates every show just to give you guys an idea

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Speaker 1: of what's happening on the ground. It can be difficult

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Speaker 1: because what's happening on the ground has been relatively static

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Speaker 1: now for the last couple of days. Let's go and

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Speaker 1: put this up there on the screen. By the way,

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Speaker 1: that static nature may not be a bad thing. So

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Speaker 1: it shows you that there remains intense fighting there in

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Speaker 1: the city of Kiev and around there where Russian forces

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Speaker 1: are continued to try and surround and take the capital over.

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Speaker 1: In the eastern part of the country, Russian forces fighting

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Speaker 1: their way to more of the larger towns. I'm not

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Speaker 1: going to try and pronounce that particular one, but it

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Speaker 1: matters because they're trying to envelop a piece of the

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Speaker 1: Ukrainian resistance. And then down in the southern part of

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Speaker 1: the country, Russian backed separatists have been gaining more ground

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Speaker 1: in Dinetsk. However, all of this could be a prelude

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Speaker 1: of what we're seeing in this type in the style

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Speaker 1: of warfare over the last couple of days. To a

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Speaker 1: possible diplomatics and I don't want to get anybody's hopes up,

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Speaker 1: but a couple of data points were out there that

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Speaker 1: made me raise my eyebrows, and I talk to some

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Speaker 1: people and they generally agree with it. So let's go

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Speaker 1: ahead and put this video up there on the screen.

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Speaker 1: This is a very important video because what you're watching

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Speaker 1: there is the bombing of an aircraft a production facility

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Speaker 1: near the city of Kiev. That's the Anatov aircraft plant. Now,

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Speaker 1: why exactly did that happen? Obviously it's to deny the enemy,

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Speaker 1: but also Russia is attacking the defense industrial base of Ukraine.

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Speaker 1: This is not just this is just the latest example

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Speaker 1: of that happening. A lot of military analysts Crystal were

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Speaker 1: looking at that with some puzzlement because they're like, well,

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Speaker 1: in one way, if you are an imperial conquering power,

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Speaker 1: you don't necessarily want to destroy part of what is

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Speaker 1: going to you be able to take over the industrial capacity.

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Speaker 1: On the other hand, as you transition to more of

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Speaker 1: a civil war type phase where it's just a war

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Speaker 1: of attrition, this would of course make sense to deny

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Speaker 1: the capability of the enemy. And Michael Kaufman, he's an

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Speaker 1: analyst who we've been looking to and has been quite

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Speaker 1: spot on really in the last couple of months. Let's

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Speaker 1: go and put this up there on the screen. Here's

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Speaker 1: what he says, and this is fascinating. I have come

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Speaker 1: to think that the Russian military is interpreting demilitarization quite

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Speaker 1: literally as a secondary war aim. They are increasingly targeting

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Speaker 1: Ukraine's defense industrial capacity in strikes. So why does that matter.

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Speaker 1: Here's why. Remember, a key part of the Kremlin's demands

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Speaker 1: of Ukraine in any peace process is quote unquote demilitarization. Now,

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Speaker 1: what we have said is that's not going to happen

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Speaker 1: if that means that Ukraine is literally not allowed to

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Speaker 1: have weapons. However, and the Kremlin has actually said this

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Speaker 1: in the past, let's put this up there, which is

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Speaker 1: that their definition of demilitarization can change. They say demilitarization

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Speaker 1: is nearly accomplished. So what do they mean by that?

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Speaker 1: This was a couple of days ago. What they mean

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Speaker 1: is that if they w wipe out what they claim,

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Speaker 1: at least to the eyes of the world, are the

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Speaker 1: offensive capabilities of Ukraine that they found threatening, it would

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Speaker 1: then open the door for a peace process, where at

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Speaker 1: the same time, Zelenski would have to guarantee no entry

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Speaker 1: into NATO, into the European Union and then no new

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Speaker 1: offensive weapons capabilities. So they are coming in destroying the

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Speaker 1: defense industrial base. They could then use that as the

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Speaker 1: pretextual definition of demilitarization. And that opens up all kinds

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Speaker 1: of interesting diplomatic possibilities which could signal a much closer

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Speaker 1: endo this conflict than I think a lot of people

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Speaker 1: had thought, including myself. Yeah, I certainly hope that that's

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Speaker 1: the direction that we are headed in. I did some digging.

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Speaker 1: Other people seem to be familiar with ANDT NOA or else,

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Speaker 1: They were just pretending to be familiar with it, But

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Speaker 1: I was there pretending, Yeah, how would people buy their planes? Actually? Yeah,

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Speaker 1: so it's actually uh so. It was a Soviet era

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Speaker 1: company that, of course, once the Soviet Union collapses, Ukraine

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Speaker 1: takes over, it becomes a state owned enterprise. They've built

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Speaker 1: over twenty thousand planes. They're sold typically in sort of

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Speaker 1: you know, the region the former Soviet republics, also some

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Speaker 1: to the developing world. They're typically like these large cargo planes.

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Speaker 1: And some of the commentary I saw online was that

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Speaker 1: China and India use some of these planes are probably

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Speaker 1: going to be a little bit irritated that now, you know,

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Speaker 1: the capacity to create new parts and those sorts of

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Speaker 1: things has been degraded by Russia. The other explanation here

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Speaker 1: is that, remember early on, we saw some analysis that

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Speaker 1: basically said, and I think this was some of the

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Speaker 1: propaganda coming out of the Russian regime even that they

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Speaker 1: were going to destroy Ukraine and effectively said like if

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Speaker 1: we can't have it, no one can. And so when

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Speaker 1: you see this just sort of indiscriminate bombing and degrading

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Speaker 1: their defense industrial capacity, that also fits alongside of that narrative.

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Speaker 1: At the same time, there's breaking news this morning that's

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Speaker 1: quite signific. I'm curious to your take on this. There

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Speaker 1: are three European leaders who are actually trapped by train

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Speaker 1: to Kiev to meet directly in Kiev with Zelensky. Those

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Speaker 1: are the leaders of the Czech Republic, Poland, and Slovenia.

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Speaker 1: According to New York Times. Here they crossed into Ukraine

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Speaker 1: this morning, hours after a series of loud pre don

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Speaker 1: blast shook Kiev. Now, on the one hand, obviously that

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Speaker 1: takes some courage. Obviously it's a very bold sign and

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Speaker 1: show of solidarity. However, it's also very dangerous. Kiev is

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Speaker 1: you know a city that's all three of those countries

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Speaker 1: are in NATO. I mean those are nat state right exactly.

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Speaker 1: So one you and you're like, that's courageous, but also

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Speaker 1: if anything happens to these leaders, then we go to war. So,

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Speaker 1: you know, all for the sign of solidarity here, but

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Speaker 1: this is an extraordinarily risky maneuver, not just for these individuals,

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Speaker 1: these leaders of these you know countries Czech Republic, Poland

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Speaker 1: and Slovenia, but also for the world. Yeah. Wow, that's

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Speaker 1: certainly does change. I'm literally learning about it live here,

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Speaker 1: so I don't know. I mean, on the one hand,

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Speaker 1: we're seeing a lot of international solidarity that's happening across

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Speaker 1: the world stage. These NATO leaders probably their safety would

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Speaker 1: be guaranteed. I mean, look, if you're Russia and you're

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Speaker 1: shell in that city when there's three NATO heads of

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Speaker 1: state in there, you're crazy because if a single one

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Speaker 1: of those people dies, that's it gets nuclear wars. YEA

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Speaker 1: even injured is already like a I mean, that's you know,

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Speaker 1: akin to like the Archduke Ferdinand or whatever getting killed.

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Speaker 1: That's it. That's the you know, domino that falls and

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Speaker 1: then the entire thing is going to go. That's exactly

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Speaker 1: what I thought of too. The other if, on the

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Speaker 1: other hand, it could be that this is a delegation

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Speaker 1: not just of solidarity, but of a secret negotiation in

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Speaker 1: saying hey, look like, here's how we could work it out.

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Speaker 1: Whenever it comes to NATO, those three countries you just

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Speaker 1: listed all share at least some border or former relationship

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Speaker 1: with Russia, so they could also broker some sort of

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Speaker 1: deal or at least say hey, you know, we can

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Speaker 1: give you some security guarantee. Even if you do say NATO,

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Speaker 1: obviously is a lot going on behind the scenes. Zelenski

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Speaker 1: is doing a big soft power campaign. He's going to

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Speaker 1: be addressing in the US Congress virtually, he's addressing the

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Speaker 1: Israeli kness it virtually. He basically take any you know,

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Speaker 1: meeting that possibly can across the world. So I don't

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Speaker 1: know if in and of itself it is an important thing.

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Speaker 1: On the other hand, we do know Crystal from reporting

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Speaker 1: that NATO is likely to have an unprecedented meeting sometime

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Speaker 1: next week in Brussels, where President Biden would most likely attend.

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Speaker 1: So this could be a prelude to basically going to

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Speaker 1: have face to face talks before we have an actual

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Speaker 1: meeting of all the NATO heads of state. Wow, that

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Speaker 1: really is a pretty significant development. Yeah. I mean, I

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Speaker 1: don't want to say that they're not brave, but that's

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Speaker 1: you're putting us in a dangerous putting the whole world

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Speaker 1: in a dangerous situation. There are ways to show solidarity

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Speaker 1: without creating such incredible risk here, and what they say

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Speaker 1: they're doing is offering financial help to Ukraine. Seems like

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Speaker 1: something you could do via zoom. Also, the show of

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Speaker 1: unequivocal that European Union's unequivocal support is what this is about.

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Speaker 1: So again, I mean, you have to admire the bravery.

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Speaker 1: You have to expect that if they're going there, they

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Speaker 1: feel like their safety is assured and can be more

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Speaker 1: or less guaranteed. But this is war. Nothing's guaranteed, literally

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Speaker 1: Nothing's Fox News reporter was just it was, you know,

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Speaker 1: injured yesterday spacifically right. I saw some I know, some

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Speaker 1: of the people, specifically Trey Yanks, who's a reporter in

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Speaker 1: Kiev right now, And you know, I was looking and

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Speaker 1: reading a little bit. What they were saying is there's

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Speaker 1: no front line. You know, the whole city is just

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Speaker 1: constantly being shelled, bombarded no matter where you are, so

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Speaker 1: you know, it's not like they may even be intentionally targeted. Look,

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Speaker 1: I would hope personally that there is a you know,

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Speaker 1: some sort of deconfliction line where we call the Russians

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Speaker 1: or they call the Russians and they say, hey, we're

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Speaker 1: going to be there, and you know what happens if

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Speaker 1: we die? So possibly there could be a cease fire

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Speaker 1: some sort of that wouldn't put past them in order

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Speaker 1: to try and fire around the city while they're there,

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Speaker 1: in order to send a little bit of a message

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Speaker 1: to them. But that's right. Yeah, Wow, three NATO heads

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Speaker 1: of state inside an active war zone. That's a big,

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Speaker 1: not a great situation development. I mean, hopefully once again

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Speaker 1: we could look at the two data points that we

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Speaker 1: had pointed to Zelenski in a couple of interviews of

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Speaker 1: late basically saying NATO is off the table, Russia changing

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Speaker 1: its definition of demilitarization. That would, I believe, open up

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Speaker 1: the door for some sort of diplomatic settlement where Ukraine

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Speaker 1: agrees to give up the Dunets Republic in the Lahansk

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Speaker 1: Republic as well as recognized Crimea. But then Russian forces

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Speaker 1: would draw. They get to save face and say hey,

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Speaker 1: we demilitarized Ukraine and then they don't have to deal

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Speaker 1: with a massive insurgency on their hands. At the same time,

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Speaker 1: don't get your hopes up too much. This could just

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Speaker 1: be the prelude, and then whenever talks fall apart, that's

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Speaker 1: when things get really nasty. We're still very, very very

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Speaker 1: early in this conflict. Yeah, and that's one of the

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Speaker 1: things that's unusual here is that, you know, the Russian propaganda,

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Speaker 1: it's so full of lies and complete fabrication of what

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Speaker 1: they're even up to. That's impossibly. It's impossible to know

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Speaker 1: what their goal is or what their endgame is. So

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Speaker 1: everybody trying to read the tea leaves on that it's

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Speaker 1: a tough situation. Yes, indeed, and to that point, there's

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Speaker 1: let's go ahead and put a four up on the screen.

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Speaker 1: This is the Ukrainians emphasizing some of the shift in

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Speaker 1: tone and tactics. This is from Ukrainian Pravda, basically saying,

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Speaker 1: you know, they've shifted more to talking about demilitarization, that

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Speaker 1: language about denocification has seemed to have lessened, which is

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Speaker 1: good because that was just sort of like an open

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Speaker 1: ended attack on Zelenski or anyone that they saw as

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Speaker 1: a Ukrainian nationalist. And then the last piece here is

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Speaker 1: we reported yesterday there were talks between Ukrainian delegation, Russian

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Speaker 1: delegation remotely, and as that was going on, Russia continuing

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Speaker 1: to attack. And we did not get any specific signs

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Speaker 1: out of that meeting that there was progress. But as

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Speaker 1: Sager was saying, there are some little possible, hopeful movements

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Speaker 1: on both sides of the equation that, you know, god willing,

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Speaker 1: could potentially bring an end to this conflict. Let's all

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Speaker 1: pray for the safety of those heads of state. Yeah, indeed,

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Speaker 1: it's gonna be a very different show than nex time

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Speaker 1: we do it. Indeed, all right, So we also wanted

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Speaker 1: to look at what is going on within the nation

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Speaker 1: of Russia as these extraordinary sanctions start to bite. Let's

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Speaker 1: go ahead and put up the first element, which is

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Speaker 1: some of the reaction from Putin and from the Krumlin

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Speaker 1: they have signed. Putin has signed a law to seize

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Speaker 1: foreign aircraft and redeploy it for domestic use. This goes

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Speaker 1: along with something that he had threatened saying basically, listen,

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Speaker 1: Western companies, if you're going to leave here, we're going

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Speaker 1: to take your stuff. And this is the first instance

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Speaker 1: where they seem to have acted on that. According to

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Speaker 1: this article, says Russian President Vladimir going to a sign

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Speaker 1: a law allowing Russian airlines to keep foreign aircraft for

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Speaker 1: use on domestic flights. That's according to a Russian state

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Speaker 1: news agency. You know, this means that if they already

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Speaker 1: were sort of leasing these foreign aircraft, they're now going

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Speaker 1: to seize them and continue to fly them, even though

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Speaker 1: those Western companies have pulled out of the nation. This

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Speaker 1: doesn't completely solve their problem though, because, as you guys

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Speaker 1: probably know, planes need a lot of maintenance, they need

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Speaker 1: a lot of parts. They've got to be kept up to,

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Speaker 1: you know, perfect conditions, and so you have sanctions that

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Speaker 1: forbid maintenance, they forbid update support or the supply of

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Speaker 1: spare parts for planes, and you know, ultimately, as things

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Speaker 1: degrade over time, that could pose a risk of passengers

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Speaker 1: as well. At the same time, you see the Russian

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Speaker 1: economy in fairly dire straits. Let's put the Yahoo news

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Speaker 1: piece up on the screen here next. The IMF is

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Speaker 1: the latest organization or analysts to say that a Russian

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Speaker 1: debt default is no longer improbable. This is a direct

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Speaker 1: result of our sanctions on moscows on Russia's Central Bank.

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Speaker 1: They say they're international managing director said on Sunday that

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Speaker 1: it's no longer an improbable event. They are scheduled to

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Speaker 1: pay one hundred and seventeen million dollars on two dollar

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Speaker 1: denominated bonds on Wednesday. Now, if the country is unable

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Speaker 1: to pay those dollar denominated bonds, so they're supposed to

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Speaker 1: be paid back in dollars, then they do have a

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Speaker 1: thirty day grace period to make a payment before they

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Speaker 1: are technically in default. Russia has said they're going to

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Speaker 1: start paying their debts in rubles, but the bond doesn't

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Speaker 1: allow Russia to pay their obligations and rubles, so even

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Speaker 1: if they paid in rubles, they would still technically be

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Speaker 1: in default. Of course, you know, they have been down

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Speaker 1: this road before, and it is very ugly when a

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Speaker 1: country defaults on their debt. Well, it's not good whatsoever.

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Speaker 1: We also had a projection from Golden Sachs that Russian's

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Speaker 1: economy could shrink by seven percent as a result of

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Speaker 1: the Ukraine sanctions, and it's actually an interesting thing to contemplate.

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Speaker 1: On the one hand, the way that we've been talking

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Speaker 1: about it and considering it. We did drop a financial

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Speaker 1: nuke quote unquote on Russia on the same and look,

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Speaker 1: I don't want to diminish it. A seven percent contraction

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Speaker 1: in a Western developed economy is a catastrophe for your

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Speaker 1: quality of life and for a lot. On the other hand,

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Speaker 1: it's only seven percent, right, This isn't necessarily the same

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Speaker 1: Treaty of Versailles or whatever type reparations that are being

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Speaker 1: levied upon Russia. So in a way, I think we

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Speaker 1: might actually have the worst of all worlds. We exhausted

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Speaker 1: a lot of financial options with very little off ramp.

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Speaker 1: Their economy will contract by seven percent, but they're still

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Speaker 1: going to have ninety three percent of their capacity. That's

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Speaker 1: pretty good if you think about it relatively. Their industrial

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Speaker 1: base remains intact. Yes, they're trading relationships in our down

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Speaker 1: but it's not like they're totally isolated. The Europeans continue

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Speaker 1: to buy their gas and their oil, and China also

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Speaker 1: looking like they'll be willing to purchase some of their goods.

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Speaker 1: So this is very much not a North Korean state.

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Speaker 1: This is something that could conduct a limited type of business,

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Speaker 1: much more so than Iran. So maybe we just cut

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Speaker 1: Russia off from the Western financial system and now their economy,

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Speaker 1: while yes, they're going to have to pursue you know,

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Speaker 1: high levels of autarchy, and they won't be Western anymore.

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Speaker 1: There'll be a lot more like a traditional Eurasian power

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Speaker 1: with you know, a geopolitical relationship to the south and

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Speaker 1: to the west, so or so to the east. Anyway,

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Speaker 1: all of this is a long winded way of saying

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Speaker 1: that we may have exhausted our entire financial playbook and

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Speaker 1: not actually levied the amount of pain on Russia that

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Speaker 1: a lot of people might think. I don't think that

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Speaker 1: they're considering that seven percent. While yes, is bad and

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Speaker 1: very bad for the people who live there, it's not

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Speaker 1: a catastrophe. So to put it in you know, understandable terms.

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Speaker 1: I look this up and during the Great Recession, r

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Speaker 1: GDP fell four point three percent from its peak. That

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Speaker 1: was the largest decline in the post war era. So

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Speaker 1: we fell four point three percent. This projection is seven percent.

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Speaker 1: So you're talking about significantly worse than what was a

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Speaker 1: whole lot of pain during the Great Recession. But I

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Speaker 1: think to your point, it's survivable. And so what you've

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Speaker 1: done is you've inflicted mass pain on the Russian public

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Speaker 1: who had nothing to do with this war, didn't ask

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Speaker 1: for it, and you've created more incentive for countries like

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Speaker 1: Russia and China and others to build an alternative financial

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Speaker 1: architecture so that next time we go to use sanctions,

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Speaker 1: they're going to have even less of an impact. And

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Speaker 1: you are very unlikely with these measures to really accomplish

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Speaker 1: anything in terms of your goals viz A VI Russia.

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Speaker 1: In fact, if anything, and this is you know, I've

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Speaker 1: been talking to Igor Kotkin. He's a Russian socialist who

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Speaker 1: is there in Moscow, and so he's able to give

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Speaker 1: me a little bit of a perspective of how people

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Speaker 1: are feeling there and what it's like in the city

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Speaker 1: at least, and according to him, and this bears out,

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Speaker 1: you know, there are historical parallels. This is helping to

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Speaker 1: ease some of the pressure on Putin and shift it

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Speaker 1: to the West, because people do genuinely feel sort of

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Speaker 1: under siege. They see the hypocrisy of well, you guys

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Speaker 1: invaded a rock and wridden sanction you. They see the

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Speaker 1: sort of Russophobia hysteria that we've been tracking here, and

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Speaker 1: so you really are, if anything, sort of making it

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Speaker 1: more difficult to accomplish your goals or to persuade any

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Speaker 1: slice of the Russian public that was ultimately persuadable in

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Speaker 1: terms of a vibe on the ground. According to him,

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Speaker 1: he's you know, said, there's not like a mass panic,

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Speaker 1: And partly that's because you have this very powerful state

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Speaker 1: propaganda of like we're all good, everything's fine. So there

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Speaker 1: are some longer lines. Prices have gone up, especially in

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Speaker 1: things like electronics. Things have skyrocketed like one hundred percent,

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Speaker 1: but there's been a lot of pressure to keep kind

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Speaker 1: of essential like food and those sorts of goods at

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Speaker 1: a reasonable price level. So there have been price increases,

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Speaker 1: but not nearly to the level of things like electronics

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Speaker 1: and things that are you know, just directly important. None

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Speaker 1: of this is born from me being like, oh, we

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Speaker 1: shouldn't put us the Russians at all. It's more about, well,

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Speaker 1: what is the efficacy of what we are actually doing?

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Speaker 1: That's it. And so look, a seven percent contraction, like

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Speaker 1: I just looked it up. When you're talking about the

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Speaker 1: Great Recession, the Great Depression was a thirty percent retraction.

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Speaker 1: So we're talking about a one third of the Great Depression. Well,

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Speaker 1: what exactly does that mean? And then also in the

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Speaker 1: terms of the long term prospects of Russia, but also

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Speaker 1: you know, the domestic populace, which is that the hope

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Speaker 1: was that you make life so miserable for the Russian

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Speaker 1: people that they cause political problems for the Russian government.

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Speaker 1: I don't think a seven percent is going to do that.

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Speaker 1: I just simply don't. It's enough of a pinprick in

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Speaker 1: order to make it hurt, but not enough in order.

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Speaker 1: I mean, that was our an existential crisis strategy. And

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Speaker 1: Iran it didn't work. That was our strategy with Korea,

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Speaker 1: it didn't work. That was a strategy Cuba, it didn't work.

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Speaker 1: So even if they were causing you know, thirty forty

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Speaker 1: percent GDP shrinkage, we just haven't seen a track record

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Speaker 1: of sanctions being deployed in a way that is actually

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Speaker 1: effective and accomplishing our foreign policy goals. In the meantime,

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Speaker 1: you are creating a lot of pain for you know,

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Speaker 1: people who really aren't to blame here. You can on

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Speaker 1: the one hand say, oh, it's it's just the Krumblin

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Speaker 1: and the oligarchs too are control of everything in public,

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Speaker 1: really has no say, and then on the other hand,

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Speaker 1: you know, make everybody sort of complicit in their actions.

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Speaker 1: So both from a moral perspective, there's an issue but

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Speaker 1: you know, you could potentially justified if it was going

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Speaker 1: to bring an end to the war and if it

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Speaker 1: was going to keep concation from a thready. And so

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Speaker 1: I think when you look at it tactically, you also

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Speaker 1: find the strategy to be quite wanting. Well, I just

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Speaker 1: think that people should calibrate expectations because if we you know,

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Speaker 1: if you were to ask your average person on the street,

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Speaker 1: they'd be like, oh, man, we threw everything we did.

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Speaker 1: And I'd be like, well, what if I told you're

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Speaker 1: only contracted by seven percent and that they're going to

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Speaker 1: continue fighting and then build out this alternative ecosystem? They'd

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Speaker 1: be like, I didn't know that. Is there any more

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Speaker 1: that we can throw at them? Here's the answer, Like

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Speaker 1: not really, Like there's some you know, on the edges,

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Speaker 1: but not to the point where if the Europeans are

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Speaker 1: going to continue to buy gas, like, there ain't much

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Speaker 1: you can do about that. So when you put that

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Speaker 1: all together, we might have just created a situation where

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Speaker 1: they're going to be more ourtarcic and they're definitely going

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Speaker 1: to suffer, but they still have the capacity almost certainly

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Speaker 1: to run this war as long as they possibly need to.

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Speaker 1: There's a lot of cope that I see online. Oh,

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Speaker 1: Russia's folding. Listen, this is a great power. They got

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Speaker 1: a lot of oil, and they have millions and millions

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Speaker 1: and millions and millions of people, especially if you look

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Speaker 1: at their history. If their backs are up against the wall,

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Speaker 1: these people will fight literally to the death, if you

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Speaker 1: want to go and learn some of that. So I

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Speaker 1: would never count out the Russian people. I think their

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Speaker 1: capacity for suffering is more than any you know, possible

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Speaker 1: civilization on earth relative to everybody else. And so we

428
00:22:52,800 --> 00:22:55,800
Speaker 1: just really need to consider deal like that every year.

429
00:22:55,920 --> 00:22:58,920
Speaker 1: You know, if that creates the Baltics in the winter,

430
00:22:58,960 --> 00:23:00,720
Speaker 1: I don't know how you people do it. You know.

431
00:23:01,320 --> 00:23:03,120
Speaker 1: There's one other piece of this that I would introduce

432
00:23:03,160 --> 00:23:06,040
Speaker 1: into the conversation, which is that our own financial system

433
00:23:06,080 --> 00:23:08,439
Speaker 1: has made it much more difficult to go after the

434
00:23:08,480 --> 00:23:11,280
Speaker 1: people who are actually complicit and to blame, which is

435
00:23:11,400 --> 00:23:14,359
Speaker 1: Putin and his oligarchs. I mean, so many of these people.

436
00:23:14,400 --> 00:23:16,679
Speaker 1: The way that they shelter their funds is using like

437
00:23:16,880 --> 00:23:19,480
Speaker 1: Delaware shell companies. And what's the other one is the

438
00:23:19,520 --> 00:23:22,480
Speaker 1: South Dakota that's now the big hot spot for like

439
00:23:22,800 --> 00:23:26,000
Speaker 1: laundering money and in shell companies and hiding what you're doing.

440
00:23:26,119 --> 00:23:30,560
Speaker 1: And so since we have this country made the financial

441
00:23:30,600 --> 00:23:34,560
Speaker 1: system so opaque and so easy for people to hide

442
00:23:34,600 --> 00:23:37,439
Speaker 1: their assets and hide their wealth, it makes it so

443
00:23:37,520 --> 00:23:40,399
Speaker 1: that we have a lot fewer tools in our arsenal

444
00:23:40,520 --> 00:23:43,639
Speaker 1: to actually go after the people who are complicit and

445
00:23:43,640 --> 00:23:46,280
Speaker 1: who should pay a price and who should feel the pain.

446
00:23:46,640 --> 00:23:49,359
Speaker 1: So that's another important piece of this. And of course

447
00:23:49,359 --> 00:23:53,399
Speaker 1: we haven't seen any movement from Biden or certainly the

448
00:23:53,400 --> 00:23:57,520
Speaker 1: Republicans or anyone in Congress to change that system to

449
00:23:57,600 --> 00:24:01,399
Speaker 1: make it more transparent so that we could have levy

450
00:24:01,480 --> 00:24:05,120
Speaker 1: much more effective and direct sanctions, targeted sanctions. Okay, let's

451
00:24:05,119 --> 00:24:07,160
Speaker 1: go ahead and move on to China. This is obviously

452
00:24:07,320 --> 00:24:10,720
Speaker 1: again a very important, you know, geopolitical relationship, and how

453
00:24:10,760 --> 00:24:13,600
Speaker 1: exactly everything is shaking out, nobody knows. Let's go put

454
00:24:13,640 --> 00:24:15,639
Speaker 1: this first thing up there on the screen, which is

455
00:24:15,640 --> 00:24:18,919
Speaker 1: that the US has apparently told its allies that China

456
00:24:18,960 --> 00:24:23,440
Speaker 1: has signaled an openness to providing Russia with military support

457
00:24:23,480 --> 00:24:28,360
Speaker 1: from the Financial Times now Moscow requested equipment, including surface

458
00:24:28,359 --> 00:24:31,480
Speaker 1: to air missiles. Keep in mind, the Chinese deny this,

459
00:24:31,680 --> 00:24:34,040
Speaker 1: the Russians deny it, and the Americans are leaking it

460
00:24:34,080 --> 00:24:36,880
Speaker 1: from a State Department cable, and it's probably an authorized leak.

461
00:24:37,000 --> 00:24:40,439
Speaker 1: So as to the actual efficacy and all that of

462
00:24:40,480 --> 00:24:43,359
Speaker 1: this earth, the you know, the amount of truth involved

463
00:24:43,359 --> 00:24:47,040
Speaker 1: in this is up for debate. Yes, that being said,

464
00:24:47,440 --> 00:24:50,439
Speaker 1: what they continue to say from the US side is

465
00:24:50,440 --> 00:24:54,200
Speaker 1: that the Chinese have signaled a willingness to provide military

466
00:24:54,200 --> 00:24:57,160
Speaker 1: assistance if we were to read the Tea leaves in

467
00:24:57,400 --> 00:25:01,360
Speaker 1: relative to current US policy, the US and the Biden

468
00:25:01,400 --> 00:25:05,080
Speaker 1: administration has seen it that before the Russian invasion, they

469
00:25:05,080 --> 00:25:09,640
Speaker 1: declassified as much as possible in order to basically remove

470
00:25:09,800 --> 00:25:13,399
Speaker 1: the act of surprise from the Russians and also to

471
00:25:13,520 --> 00:25:16,680
Speaker 1: use it as diplomatic leverage against them and to undermine

472
00:25:16,680 --> 00:25:19,080
Speaker 1: their propaganda, to undermine their propably as well. Yeah, it's

473
00:25:19,160 --> 00:25:21,439
Speaker 1: very likely that they're doing the exact same thing here

474
00:25:21,520 --> 00:25:23,399
Speaker 1: if the intel is true. So just because it was

475
00:25:23,400 --> 00:25:26,040
Speaker 1: true once does not mean it's necessarily true again. Always

476
00:25:26,240 --> 00:25:30,000
Speaker 1: keep that in mind. The five different types of equipment

477
00:25:30,040 --> 00:25:33,400
Speaker 1: that they're asking for surface to air missiles, drones, intelligence

478
00:25:33,440 --> 00:25:37,280
Speaker 1: and related equipment isr armored vehicles and vehicles used for

479
00:25:37,320 --> 00:25:40,120
Speaker 1: logistics and support. Now, as we said yesterday, the Russians

480
00:25:40,160 --> 00:25:43,120
Speaker 1: don't technically need any of this stuff. They're asking for it,

481
00:25:43,320 --> 00:25:46,520
Speaker 1: very likely in order to bolster the diplomatic ties between

482
00:25:46,720 --> 00:25:51,520
Speaker 1: the two countries. The Chinese military views very fondly any

483
00:25:51,560 --> 00:25:54,080
Speaker 1: military that it's fought side by side in This is

484
00:25:54,119 --> 00:25:56,119
Speaker 1: part of the reason that they have they call them

485
00:25:56,160 --> 00:25:58,560
Speaker 1: blood brothers with the North Korean Army because they look

486
00:25:58,640 --> 00:26:01,320
Speaker 1: very fondly back at the civil or sorry, the Korean

487
00:26:01,359 --> 00:26:04,240
Speaker 1: War whenever they fought against the Americans, and there's a

488
00:26:04,359 --> 00:26:07,920
Speaker 1: ties ties forged in blood, which is very important to them.

489
00:26:08,040 --> 00:26:10,440
Speaker 1: The Russians obviously know this too, and they're probably trying

490
00:26:10,440 --> 00:26:13,840
Speaker 1: to get at least some sort of similar type relationship

491
00:26:13,880 --> 00:26:17,520
Speaker 1: from the Chinese. But China obviously has to walk a tightrope.

492
00:26:17,680 --> 00:26:19,040
Speaker 1: And let's put this next one up there on the

493
00:26:19,080 --> 00:26:24,640
Speaker 1: screen because it just shows you how confusing this situation is. China, however,

494
00:26:25,000 --> 00:26:29,400
Speaker 1: through its state media propaganda outlets, has signaled a disinterest

495
00:26:29,440 --> 00:26:33,080
Speaker 1: in providing weapons to Russia for a brutal Ukrainian campaign.

496
00:26:33,440 --> 00:26:36,040
Speaker 1: The reason that this matters is that all eyes were

497
00:26:36,080 --> 00:26:40,040
Speaker 1: on Global Times, and specifically who Shei Shin, who is

498
00:26:40,520 --> 00:26:43,480
Speaker 1: an editor over at Global Times. I read Global Times

499
00:26:43,520 --> 00:26:45,400
Speaker 1: all the time. And this is part of our reason

500
00:26:45,400 --> 00:26:48,439
Speaker 1: we've been talking about state media because I know that

501
00:26:48,520 --> 00:26:51,439
Speaker 1: they specifically talk in English in order to try to

502
00:26:51,480 --> 00:26:55,680
Speaker 1: signal us both their most diplomatic talks, but also kind

503
00:26:55,720 --> 00:26:59,199
Speaker 1: of their most hawkish elements. And that's what Global Times is.

504
00:26:59,280 --> 00:27:02,320
Speaker 1: It's like the attack of the Chinese Communist Party, so

505
00:27:02,359 --> 00:27:05,720
Speaker 1: to see the attack dog himself say in this opinion

506
00:27:05,760 --> 00:27:09,640
Speaker 1: piece that the Biden administration's move was arrogant, but that

507
00:27:09,840 --> 00:27:12,080
Speaker 1: as a major military power, Russia does not need to

508
00:27:12,160 --> 00:27:17,320
Speaker 1: ask China to provide substantial military assistance. He says this quote. Moreover,

509
00:27:17,480 --> 00:27:21,160
Speaker 1: China is not obligated to promise nor to export arms

510
00:27:21,200 --> 00:27:24,720
Speaker 1: to Russia, he said in a video. Now this matters

511
00:27:24,760 --> 00:27:28,119
Speaker 1: because if he's going to say that they are under

512
00:27:28,160 --> 00:27:31,080
Speaker 1: no obligation to do so, and that they have no

513
00:27:31,480 --> 00:27:34,800
Speaker 1: promise to do so, and that's the most hawkish element

514
00:27:34,840 --> 00:27:37,600
Speaker 1: of Chinese state media, that in and of itself is

515
00:27:37,600 --> 00:27:39,800
Speaker 1: a data point that we could point to and say, well,

516
00:27:39,840 --> 00:27:42,320
Speaker 1: the official arm of the Chinese regime is saying or

517
00:27:42,320 --> 00:27:44,880
Speaker 1: at least pushing the public towards thinking that they don't

518
00:27:44,880 --> 00:27:47,280
Speaker 1: need to do this. That doesn't mean that secret shipments

519
00:27:47,280 --> 00:27:49,280
Speaker 1: may not happen. That doesn't mean that they may not

520
00:27:49,320 --> 00:27:51,040
Speaker 1: have been like, yeah, maybe, but what are you going

521
00:27:51,080 --> 00:27:53,919
Speaker 1: to do for us? So it's a complicated situation, but

522
00:27:53,960 --> 00:27:56,040
Speaker 1: it would change the situation on the ground. Yes, Well,

523
00:27:56,080 --> 00:27:58,879
Speaker 1: let's parse the language here a little bit. To another

524
00:27:58,880 --> 00:28:01,960
Speaker 1: piece of what they say is as a major military

525
00:28:02,000 --> 00:28:04,320
Speaker 1: industrial power, Russia does not need to ask China to

526
00:28:04,359 --> 00:28:10,640
Speaker 1: provide substantial military assistance for the limited scale war in Ukraine. Now,

527
00:28:10,640 --> 00:28:14,040
Speaker 1: what we do know is the Chinese have previously provided Russia,

528
00:28:14,119 --> 00:28:19,200
Speaker 1: not with arms, but with supplies like tents, winter coats

529
00:28:19,200 --> 00:28:23,880
Speaker 1: for some of their conflicts along their border. So you know,

530
00:28:24,119 --> 00:28:27,439
Speaker 1: if you look at the US's wording, they talk about

531
00:28:27,560 --> 00:28:32,800
Speaker 1: general military assistance, they don't specifically say arms. So you

532
00:28:32,880 --> 00:28:37,520
Speaker 1: could read this as basically, in a certain sense, going

533
00:28:37,560 --> 00:28:41,560
Speaker 1: together as they may provide that sort of military assistance

534
00:28:41,600 --> 00:28:45,200
Speaker 1: things like supplies, tense coats, those types of items, but

535
00:28:45,360 --> 00:28:49,280
Speaker 1: not actually provide arms, which would be kind of consistent

536
00:28:49,760 --> 00:28:52,440
Speaker 1: with how China has behaved thus far with trying to

537
00:28:52,520 --> 00:28:55,720
Speaker 1: kind of straddle the fence, because the minute you provide

538
00:28:55,800 --> 00:29:00,720
Speaker 1: actual offensive weapons, that's a very different thing than providing

539
00:29:00,760 --> 00:29:03,960
Speaker 1: winter coats. So as I read this that seemed like

540
00:29:04,080 --> 00:29:08,720
Speaker 1: one potential possibility, you know, one potential possibility. But basically

541
00:29:08,760 --> 00:29:10,960
Speaker 1: we're just trying to present both sides of what's being

542
00:29:11,200 --> 00:29:14,120
Speaker 1: said here. The Chinese are saying basically no. The Kremlin,

543
00:29:14,160 --> 00:29:16,280
Speaker 1: of course, is denying that they even ask, because it's

544
00:29:16,360 --> 00:29:18,200
Speaker 1: very embarrassing for them that they would have to go

545
00:29:18,240 --> 00:29:20,640
Speaker 1: to anyone at this point and ask for anything. This

546
00:29:20,680 --> 00:29:22,120
Speaker 1: should have been Oh, they thought this was going to

547
00:29:22,160 --> 00:29:23,800
Speaker 1: be over in just a matter of days, and they

548
00:29:23,840 --> 00:29:28,160
Speaker 1: still aren't making significant progress towards Kiev. But you know,

549
00:29:28,200 --> 00:29:31,000
Speaker 1: the White House saying that the Chinese did signal their

550
00:29:31,120 --> 00:29:35,520
Speaker 1: willingness to provide military assistance. That's kind of very careful language,

551
00:29:35,560 --> 00:29:38,640
Speaker 1: not saying when, not saying what, not saying how right?

552
00:29:38,720 --> 00:29:42,520
Speaker 1: And the US National Security Advisor Jake Sullivan met yesterday

553
00:29:42,520 --> 00:29:45,360
Speaker 1: with the Chinese Foreign Minister for seven hours. We didn't

554
00:29:45,360 --> 00:29:48,800
Speaker 1: get all that much of a readout necessarily, let's put

555
00:29:48,880 --> 00:29:50,800
Speaker 1: us up there on the screen, yet, like a tiny

556
00:29:50,800 --> 00:29:53,320
Speaker 1: little paragraph in terms of what they're willing to tell

557
00:29:53,360 --> 00:29:55,640
Speaker 1: us from a seven hour meeting. Jake Sullivan met today

558
00:29:55,680 --> 00:29:58,200
Speaker 1: with Chinese Communist Party poll up. You remember, Okay, I'm

559
00:29:58,200 --> 00:30:01,040
Speaker 1: gonna skip a tytle in roam Italy. Their meeting's title

560
00:30:01,120 --> 00:30:03,440
Speaker 1: is half of the Bear Rauh. Their meeting followed up

561
00:30:03,440 --> 00:30:06,440
Speaker 1: on the November fifteen, twenty twenty two virtual Meeting. Mister

562
00:30:06,480 --> 00:30:09,080
Speaker 1: Sullivan raised a range of issues in US China relations,

563
00:30:09,080 --> 00:30:12,000
Speaker 1: with substantial discussion of Russia's war against Ukraine. They also

564
00:30:12,080 --> 00:30:15,320
Speaker 1: underscored the importance of maintaining open lines of communication between

565
00:30:15,320 --> 00:30:17,560
Speaker 1: the US and China. So a whole lot of nothing

566
00:30:17,640 --> 00:30:20,120
Speaker 1: that came out of that meeting, and we still or

567
00:30:20,440 --> 00:30:21,840
Speaker 1: a whole lot of nothing in terms of what they're

568
00:30:21,840 --> 00:30:24,120
Speaker 1: willing to tell us about that meeting. I would love

569
00:30:24,120 --> 00:30:27,720
Speaker 1: to have a fly on the room. The main thing

570
00:30:27,760 --> 00:30:30,320
Speaker 1: that we also need to emphasize is that China is

571
00:30:30,360 --> 00:30:34,240
Speaker 1: in a very precarious situation economically. They cannot risk even

572
00:30:34,280 --> 00:30:36,920
Speaker 1: one tenth of the sanctions that we've levied upon Russia.

573
00:30:36,920 --> 00:30:38,440
Speaker 1: I'm goyne be doing a lot more on this in

574
00:30:38,480 --> 00:30:40,440
Speaker 1: my monologue. It's what that means for us, But in

575
00:30:40,520 --> 00:30:41,880
Speaker 1: terms of what it means for them, let's put us

576
00:30:41,920 --> 00:30:44,960
Speaker 1: up there on the screen. It is total carnage out

577
00:30:44,960 --> 00:30:47,440
Speaker 1: there on the Hong Kong Stock Exchange. They are having

578
00:30:47,600 --> 00:30:50,320
Speaker 1: some of their worst days since two thousand and eight.

579
00:30:50,680 --> 00:30:54,880
Speaker 1: They're having massive panic selling. Their stock equities here in

580
00:30:54,920 --> 00:30:58,320
Speaker 1: the United States are down by like seventy something percent.

581
00:30:58,560 --> 00:31:01,320
Speaker 1: They have a major real estate bubble, all kinds of

582
00:31:01,400 --> 00:31:06,320
Speaker 1: crazy financialization and short selling bets on the nickel markets.

583
00:31:06,600 --> 00:31:08,480
Speaker 1: It's been kind of fun to watch. Yeah, just look

584
00:31:08,480 --> 00:31:10,640
Speaker 1: at that graph for those of you who are watching.

585
00:31:10,720 --> 00:31:13,080
Speaker 1: But they're fell on off a cliff over there. They

586
00:31:13,200 --> 00:31:15,960
Speaker 1: got themselves a big old problem in terms of speculation

587
00:31:16,320 --> 00:31:18,920
Speaker 1: and financial markets. The CCP is trying to run in

588
00:31:19,240 --> 00:31:21,840
Speaker 1: and backstop as much of the market as possible. But

589
00:31:21,920 --> 00:31:24,360
Speaker 1: whenever we cover that evergrand crisis, this is just a

590
00:31:24,480 --> 00:31:27,960
Speaker 1: very similar kind of slow roll cascade to something that

591
00:31:28,000 --> 00:31:31,320
Speaker 1: could be really, really bad. So just consider that they're not.

592
00:31:31,800 --> 00:31:34,920
Speaker 1: They're in a precarious economic situation where if they were

593
00:31:35,000 --> 00:31:37,200
Speaker 1: levied with some sort of sanctions or if their trade

594
00:31:37,240 --> 00:31:40,360
Speaker 1: took a hit boom, they're done. Especially given the COVID

595
00:31:40,400 --> 00:31:42,520
Speaker 1: situation with them right now, we will put them in

596
00:31:42,560 --> 00:31:45,640
Speaker 1: a very very very tough situation. So it's an interesting

597
00:31:46,560 --> 00:31:49,800
Speaker 1: it's an interesting development. China has to choose between being

598
00:31:49,920 --> 00:31:53,840
Speaker 1: a Russian aligned power explicitly against the West, even though

599
00:31:53,840 --> 00:31:56,680
Speaker 1: they are and we all know it. They haven't explicitly

600
00:31:56,680 --> 00:32:00,000
Speaker 1: declared it so, and they still have reaped arguably more

601
00:32:00,080 --> 00:32:04,120
Speaker 1: than anybody else the benefits of the Western international led order, oh,

602
00:32:04,240 --> 00:32:07,960
Speaker 1: no doubt. On the other side, they could choose to

603
00:32:08,080 --> 00:32:11,120
Speaker 1: keep with that because it's been so economically lucrative, kind

604
00:32:11,120 --> 00:32:13,200
Speaker 1: of leave the Russians out in the cold and play

605
00:32:13,240 --> 00:32:17,200
Speaker 1: some sort of diplomatic game. But whatever course they decide,

606
00:32:17,280 --> 00:32:19,880
Speaker 1: if they do choose to broker a piece, that's a

607
00:32:19,880 --> 00:32:22,600
Speaker 1: realignment of the global order. If they do choose to

608
00:32:22,760 --> 00:32:25,680
Speaker 1: side with the Russians, well everybody gear up because that's

609
00:32:25,720 --> 00:32:27,320
Speaker 1: not going to be a fun one hundred years for

610
00:32:27,400 --> 00:32:29,200
Speaker 1: us to live in. And if they choose to side

611
00:32:29,200 --> 00:32:31,840
Speaker 1: with us, then the Russians are definitely toast in the

612
00:32:31,840 --> 00:32:35,320
Speaker 1: long run. So it's all three. They have become a

613
00:32:35,360 --> 00:32:39,040
Speaker 1: great power, obviously in their own right, and whatever course

614
00:32:39,080 --> 00:32:41,840
Speaker 1: they choose will definitely determine the course of history. Yeah,

615
00:32:41,920 --> 00:32:45,000
Speaker 1: I mean, that's that's what was so significant about the

616
00:32:45,120 --> 00:32:48,960
Speaker 1: essay that we brought you yesterday from a state aligned

617
00:32:48,960 --> 00:32:52,240
Speaker 1: thinker that was basically making the case, Look, we're trying

618
00:32:52,280 --> 00:32:55,800
Speaker 1: to be neutral, and there is no neutrals That's just

619
00:32:55,840 --> 00:32:57,880
Speaker 1: not a place where you can possibly stand all of

620
00:32:57,920 --> 00:33:00,840
Speaker 1: our actions, you know, abstaining and already Council votes and

621
00:33:00,840 --> 00:33:05,280
Speaker 1: those sorts of things are being interpreted as siding with Russia.

622
00:33:05,560 --> 00:33:08,479
Speaker 1: So do we really want to be in this place

623
00:33:08,600 --> 00:33:11,520
Speaker 1: of being part of the sort of pariah block of

624
00:33:11,600 --> 00:33:16,560
Speaker 1: the world with Europeans and the US sort of more aligned,

625
00:33:16,600 --> 00:33:19,120
Speaker 1: more united than they've been in a long time. Do

626
00:33:19,200 --> 00:33:21,760
Speaker 1: we really want to be explicitly on the other side

627
00:33:21,800 --> 00:33:24,760
Speaker 1: of that? Ledger and I think that's what they're contemplating

628
00:33:24,880 --> 00:33:27,280
Speaker 1: right now. And the reason we keep trying to read

629
00:33:27,280 --> 00:33:29,400
Speaker 1: these tea leaves and trying to figure out as best

630
00:33:29,400 --> 00:33:31,600
Speaker 1: we can and predict as best we can what they

631
00:33:31,680 --> 00:33:34,320
Speaker 1: might do is because if anyone could end this conflict,

632
00:33:34,320 --> 00:33:36,600
Speaker 1: it would be them. I mean, if they really put

633
00:33:36,640 --> 00:33:40,719
Speaker 1: pressure on Moscow and pull their support and we're not

634
00:33:40,800 --> 00:33:44,440
Speaker 1: going to back them in this outrageous war, that would

635
00:33:44,480 --> 00:33:47,120
Speaker 1: force Moscow's hand and force them to make some concessions

636
00:33:47,160 --> 00:33:48,840
Speaker 1: at the table and hopefully be able to come to

637
00:33:48,880 --> 00:33:52,360
Speaker 1: some sort of negotiated settlement. So they really are the

638
00:33:52,600 --> 00:33:55,360
Speaker 1: key player in all of this for the immediate future,

639
00:33:55,760 --> 00:34:00,000
Speaker 1: but also in terms of that longer term geopolitical alignment

640
00:34:00,240 --> 00:34:02,280
Speaker 1: and understanding what the world is going to look like

641
00:34:02,480 --> 00:34:05,040
Speaker 1: a year, two years, a decade from now. This is

642
00:34:05,200 --> 00:34:10,440
Speaker 1: this is the moment. Absolutely we wanted to bring you

643
00:34:10,680 --> 00:34:15,400
Speaker 1: something that is absolutely extraordinary, which is that on the

644
00:34:15,440 --> 00:34:20,239
Speaker 1: main live evening newscast in Russia, this is like their

645
00:34:20,840 --> 00:34:26,520
Speaker 1: main news hour, propaganda central, a woman who was who

646
00:34:26,600 --> 00:34:30,719
Speaker 1: worked at that station burst onto the broadcast with an

647
00:34:30,760 --> 00:34:34,319
Speaker 1: anti war sign. It's in both Russian and English, and

648
00:34:34,360 --> 00:34:36,640
Speaker 1: she says, you're going to hear it in Russian. She says,

649
00:34:36,719 --> 00:34:40,960
Speaker 1: stop the war. Don't believe propaganda. They're lying to you.

650
00:34:41,200 --> 00:34:52,560
Speaker 1: Let's take a look at that. And so for those

651
00:34:52,600 --> 00:34:55,440
Speaker 1: who are just listening, I mean, it's an amazing moment

652
00:34:55,560 --> 00:34:58,160
Speaker 1: because you see the you know, the newscaster doing her

653
00:34:58,239 --> 00:35:00,800
Speaker 1: sing and like a live newsroom looks like cable news

654
00:35:00,800 --> 00:35:04,000
Speaker 1: would hear, and swim bursts onto the background. She's got

655
00:35:04,000 --> 00:35:06,960
Speaker 1: her signed, she's saying no to war, and then you know,

656
00:35:07,000 --> 00:35:09,520
Speaker 1: that continues for like two seconds and then they cut

657
00:35:09,560 --> 00:35:12,600
Speaker 1: to some other image and I'm sure pull her off

658
00:35:12,680 --> 00:35:18,200
Speaker 1: of the set. She also released a pre recorded statement

659
00:35:18,280 --> 00:35:20,000
Speaker 1: and by the way, the reporting is she has been

660
00:35:20,160 --> 00:35:23,120
Speaker 1: detained and lord knows what her fate ultimately is going

661
00:35:23,160 --> 00:35:25,399
Speaker 1: to be, especially with the new quote unquote fake news

662
00:35:25,440 --> 00:35:28,680
Speaker 1: laws that they have passed, allowing years of jail time

663
00:35:28,719 --> 00:35:32,040
Speaker 1: for anyone who even calls this a war or an invasion.

664
00:35:32,280 --> 00:35:34,400
Speaker 1: Let's go ahead and put this next piece up on

665
00:35:34,440 --> 00:35:42,000
Speaker 1: the screen. So her name is Marina Aikova. I'm gonna

666
00:35:42,040 --> 00:35:45,120
Speaker 1: go with Let's go with that, sorry, right, guys. Marina,

667
00:35:45,600 --> 00:35:47,799
Speaker 1: she's the woman who ran onto that live State TV

668
00:35:47,880 --> 00:35:50,640
Speaker 1: new news broadcast. She recorded a message beforehand. In it,

669
00:35:50,680 --> 00:35:53,280
Speaker 1: she says her father is Ukrainian. She calls for anti

670
00:35:53,320 --> 00:35:56,720
Speaker 1: war protests, and she says she's ashamed that she worked

671
00:35:56,920 --> 00:36:01,680
Speaker 1: for Kremlin propaganda, and she denounces the war absolutely. There

672
00:36:01,760 --> 00:36:04,920
Speaker 1: was a sort of informal translation that was floating around

673
00:36:04,960 --> 00:36:07,480
Speaker 1: online part of what she said. It was very well,

674
00:36:08,480 --> 00:36:11,640
Speaker 1: very well written and well delivered statement. She said, we

675
00:36:11,680 --> 00:36:14,480
Speaker 1: are Russian people, thinking and smart people. Only we have

676
00:36:14,560 --> 00:36:18,320
Speaker 1: the power to stop this madness. Go protest, don't be afraid.

677
00:36:18,400 --> 00:36:22,280
Speaker 1: They can't put us all in jail. So an incredibly

678
00:36:22,640 --> 00:36:26,520
Speaker 1: brave stand here by Marina, knowing full well what the

679
00:36:26,520 --> 00:36:28,680
Speaker 1: consequences could be for if she knew that she was

680
00:36:28,719 --> 00:36:31,000
Speaker 1: going to be arrested, she literally said, they can't arrest

681
00:36:31,000 --> 00:36:34,560
Speaker 1: all of us so that's just incredible to watch. And look,

682
00:36:34,600 --> 00:36:37,160
Speaker 1: we shouldn't exaggerate and say that this is, you know,

683
00:36:37,280 --> 00:36:41,359
Speaker 1: the dominant feeling in Russia right, probably the minority feeling, yes,

684
00:36:41,440 --> 00:36:43,680
Speaker 1: but that doesn't mean that there aren't good people who

685
00:36:43,719 --> 00:36:46,920
Speaker 1: are speaking out against the war inside of Russia, and

686
00:36:47,000 --> 00:36:49,560
Speaker 1: I think that that is what is so compelling. At

687
00:36:49,560 --> 00:36:53,000
Speaker 1: the same time, we should remember that there are now

688
00:36:53,120 --> 00:36:57,440
Speaker 1: Russian occupied cities inside of Ukraine and they are not

689
00:36:57,640 --> 00:37:01,120
Speaker 1: facing the you know, will be greeted as liberators that

690
00:37:01,160 --> 00:37:02,759
Speaker 1: they thought, let's go ahead and put this up there

691
00:37:02,960 --> 00:37:05,000
Speaker 1: on the screen. This is just an image from the

692
00:37:05,040 --> 00:37:09,240
Speaker 1: city of person. There is no as this is obviously

693
00:37:10,000 --> 00:37:11,680
Speaker 1: a photo put out by somebody who wants you to

694
00:37:11,719 --> 00:37:13,640
Speaker 1: see it, but go and put it up there. You

695
00:37:13,680 --> 00:37:17,520
Speaker 1: can see this massive crowd just assembled there in the

696
00:37:17,560 --> 00:37:21,040
Speaker 1: city square bearing the Ukrainian flag, and that's in a

697
00:37:21,160 --> 00:37:25,279
Speaker 1: Russian occupied city. That's the only the latest of the

698
00:37:25,320 --> 00:37:28,560
Speaker 1: similar type of images. We have the same thing in

699
00:37:28,640 --> 00:37:32,400
Speaker 1: terms of a video that continues to see people fighting

700
00:37:32,480 --> 00:37:35,920
Speaker 1: really back against the occupation with some Russian soldiers who

701
00:37:35,960 --> 00:37:38,800
Speaker 1: are getting very skittish. They are now facing the problems

702
00:37:38,800 --> 00:37:42,000
Speaker 1: that we faced in Iraq in Iraq. You know, we

703
00:37:42,040 --> 00:37:44,320
Speaker 1: took over a country with one hundred and fifty thousand troops.

704
00:37:44,440 --> 00:37:46,600
Speaker 1: It was a cakewalk, you know, as they predicted, and

705
00:37:46,640 --> 00:37:47,880
Speaker 1: they were like, oh now we have to run a

706
00:37:47,920 --> 00:37:51,439
Speaker 1: country of millions of people. That's pretty scary, and they're

707
00:37:51,920 --> 00:37:54,520
Speaker 1: they're meeting that fear right now. Let's go ahead and

708
00:37:54,560 --> 00:38:09,359
Speaker 1: take a look at that video. So yeah, I mean

709
00:38:09,360 --> 00:38:12,879
Speaker 1: you can see that it's not a good situation. It's

710
00:38:12,960 --> 00:38:15,560
Speaker 1: very jumpy. Things can pop off at any moment. When

711
00:38:15,600 --> 00:38:17,080
Speaker 1: it's like that, you need have some nineteen year old

712
00:38:17,120 --> 00:38:19,200
Speaker 1: conscript Russian kid, like what does he know what to do?

713
00:38:19,239 --> 00:38:21,960
Speaker 1: He's might get scared. Then you've got all these Russian

714
00:38:22,000 --> 00:38:24,719
Speaker 1: areas sort of these Ukrainian civilians who are canna be

715
00:38:24,800 --> 00:38:27,239
Speaker 1: fighting back against this. Look, you know, once again it's

716
00:38:27,280 --> 00:38:29,960
Speaker 1: difficult to find out. There's a blackout of internet and

717
00:38:30,040 --> 00:38:32,160
Speaker 1: of electricity in some of these cities, so we don't

718
00:38:32,160 --> 00:38:34,799
Speaker 1: have a full picture of what's going on, but any

719
00:38:34,840 --> 00:38:38,120
Speaker 1: of these demonstrations, they pose a big problem to the Russians.

720
00:38:38,280 --> 00:38:40,600
Speaker 1: Whenever it's happening, you only have you know, you can

721
00:38:40,640 --> 00:38:42,399
Speaker 1: deal with it the way the Soviet Union did, which

722
00:38:42,440 --> 00:38:44,600
Speaker 1: is arrest everybody, send him to a gulag. I don't

723
00:38:44,640 --> 00:38:47,360
Speaker 1: think that works in the twenty first century, or you know,

724
00:38:47,400 --> 00:38:50,440
Speaker 1: you're going to have to find some sort of peaceable,

725
00:38:51,360 --> 00:38:54,879
Speaker 1: peaceable settlement with the actual civilians. And I don't only

726
00:38:54,880 --> 00:38:58,040
Speaker 1: see that happening either. So, yeah, a tough spot. Yeah,

727
00:38:58,360 --> 00:39:01,160
Speaker 1: that was extraordinary, especially Becase because it was happening in

728
00:39:01,320 --> 00:39:04,239
Speaker 1: Melita Paul, which is you know, that's a city where

729
00:39:04,239 --> 00:39:08,520
Speaker 1: they reportedly kidnapped the mayor. There's video of him being

730
00:39:08,560 --> 00:39:11,560
Speaker 1: taken out with the bag over his head and you know,

731
00:39:11,680 --> 00:39:13,920
Speaker 1: God knows what's being done to him now and a

732
00:39:14,000 --> 00:39:18,960
Speaker 1: Russian puppet puppet mayor installed in his place. And so

733
00:39:19,800 --> 00:39:22,480
Speaker 1: just to see people, i mean walk going up to

734
00:39:22,560 --> 00:39:28,520
Speaker 1: these soldiers with gigantic guns and fearlessly telling them to

735
00:39:28,800 --> 00:39:30,840
Speaker 1: you know, exactly what they think of what they're doing,

736
00:39:31,520 --> 00:39:35,239
Speaker 1: it is incredibly brave. It is incredibly courageous. And so

737
00:39:35,640 --> 00:39:37,480
Speaker 1: you know, these are the people who really deserve to

738
00:39:37,520 --> 00:39:40,839
Speaker 1: be highlighted, who are standing against this war and doing

739
00:39:40,920 --> 00:39:44,600
Speaker 1: everything they can to stop it and bring peace. So

740
00:39:44,640 --> 00:39:47,239
Speaker 1: we're going to continue to highlight those examples that we

741
00:39:47,280 --> 00:39:50,480
Speaker 1: see because it really is heartening. At the same time,

742
00:39:50,520 --> 00:39:53,200
Speaker 1: we wanted to bring you some updates on the political

743
00:39:53,560 --> 00:39:57,720
Speaker 1: situation here at home. There's a new palling previewing twenty

744
00:39:57,760 --> 00:40:00,680
Speaker 1: twenty four that we thought we would we would bring

745
00:40:00,760 --> 00:40:04,000
Speaker 1: to you, but actually it's in some ways not as

746
00:40:04,000 --> 00:40:06,279
Speaker 1: bad for Biden as I thought it could be. Lis

747
00:40:06,320 --> 00:40:08,000
Speaker 1: Gun put this up on the screen. So if you

748
00:40:08,000 --> 00:40:12,000
Speaker 1: had a rematch Biden versus Trump, at least according to

749
00:40:12,040 --> 00:40:17,399
Speaker 1: this polster, it would be effectively a tie forty four

750
00:40:17,480 --> 00:40:20,640
Speaker 1: for Biden forty four for Trump. Now, if you had

751
00:40:20,640 --> 00:40:23,439
Speaker 1: Trump versus Harris, he wins. If you have Trump versus

752
00:40:23,520 --> 00:40:28,319
Speaker 1: Hillary Clinton, he also wins. So even as lackluster as

753
00:40:28,360 --> 00:40:33,120
Speaker 1: Biden has been, he still is probably the best that

754
00:40:33,239 --> 00:40:36,839
Speaker 1: the Democrats have to offer. And by the way, this

755
00:40:36,920 --> 00:40:41,359
Speaker 1: had this same polster had asked the same question a

756
00:40:41,400 --> 00:40:43,759
Speaker 1: month or so ago, and at that time Biden had

757
00:40:43,800 --> 00:40:45,560
Speaker 1: a little bit of an edge over Trump. So he's

758
00:40:45,640 --> 00:40:48,839
Speaker 1: kind of faded somewhat. And you know, one thing that

759
00:40:48,920 --> 00:40:52,000
Speaker 1: was interesting here in this particular poll is they dug

760
00:40:52,000 --> 00:40:54,680
Speaker 1: into how people felt about his handling of Ukraine, and

761
00:40:55,080 --> 00:40:59,000
Speaker 1: they were generally fairly positive, got decent ratings there. But

762
00:40:59,560 --> 00:41:02,280
Speaker 1: when you ask voters if they agree with the statement

763
00:41:02,360 --> 00:41:05,920
Speaker 1: that quote Biden's mismanagement of the withdrawal from Afghanistan has

764
00:41:05,920 --> 00:41:08,880
Speaker 1: emboldened countries like Russia and China to be more aggressive.

765
00:41:09,239 --> 00:41:12,319
Speaker 1: Sixty one percent of voters agreed. And that is the

766
00:41:12,320 --> 00:41:14,840
Speaker 1: line that you hear from Republicans all the time. And

767
00:41:14,920 --> 00:41:19,360
Speaker 1: let me also say that type of sentiment is exactly

768
00:41:19,520 --> 00:41:24,239
Speaker 1: why these wars last for so long, Because every politician

769
00:41:24,360 --> 00:41:27,560
Speaker 1: knows they're going to get hurt the moment that they

770
00:41:27,640 --> 00:41:31,040
Speaker 1: do the like, you know, the dubvish thing and pull

771
00:41:31,120 --> 00:41:34,080
Speaker 1: us out of a conflict. They are only ever rewarded,

772
00:41:34,239 --> 00:41:37,920
Speaker 1: really by the media for the most hawkish behavior. And

773
00:41:37,960 --> 00:41:42,040
Speaker 1: so you see even now with some quite hawkish moves

774
00:41:42,080 --> 00:41:44,760
Speaker 1: made by the Biden administration, still the drumbeat is always

775
00:41:44,760 --> 00:41:46,360
Speaker 1: you have to do more, you have to be strong,

776
00:41:46,480 --> 00:41:48,920
Speaker 1: you have to do more. So I just thought that

777
00:41:49,000 --> 00:41:52,120
Speaker 1: was an an interesting note here. At the same time,

778
00:41:52,600 --> 00:41:56,279
Speaker 1: the Biden administration is leaning all the way into this

779
00:41:56,400 --> 00:42:01,160
Speaker 1: idea that inflation has nothing to do now with anything

780
00:42:01,520 --> 00:42:05,480
Speaker 1: except what's going on with Russia. Let's take a listen

781
00:42:05,520 --> 00:42:09,640
Speaker 1: to what he had to say. Make no mistake, the

782
00:42:09,719 --> 00:42:13,520
Speaker 1: current spiking gas price is largely the fault of Vladimir Putin.

783
00:42:14,239 --> 00:42:17,399
Speaker 1: There's nothing to do with the American Rescue Plan. Back

784
00:42:17,440 --> 00:42:20,160
Speaker 1: to Wall Street, Wall Street estimated that the and the

785
00:42:20,160 --> 00:42:23,719
Speaker 1: San Francisco Reserve Federal Reserve said analyzed it said the

786
00:42:23,760 --> 00:42:28,040
Speaker 1: rescue plan contributed only zero point three percent to inflation.

787
00:42:28,719 --> 00:42:34,800
Speaker 1: Zero point three percent that's coming from the Fed Rescue

788
00:42:34,800 --> 00:42:38,360
Speaker 1: in our economy didn't cause this problem, but we're working

789
00:42:38,360 --> 00:42:42,879
Speaker 1: to fix it, you know, inflation. So here's the thing,

790
00:42:43,200 --> 00:42:45,680
Speaker 1: good luck. Look, he's right to say that the American

791
00:42:45,719 --> 00:42:49,000
Speaker 1: Rescue Plan is not really the issue. But we all

792
00:42:49,040 --> 00:42:52,760
Speaker 1: know that inflation and gas price rises were happening before

793
00:42:52,800 --> 00:42:55,400
Speaker 1: all of this in Russia. So people aren't stupid. You

794
00:42:55,480 --> 00:42:57,280
Speaker 1: got to level with them. I mean, they can handle

795
00:42:57,320 --> 00:43:00,000
Speaker 1: a nuanced and complex situation. So I actually thought them

796
00:43:00,040 --> 00:43:02,520
Speaker 1: messaging that he had before, like that he just had

797
00:43:02,520 --> 00:43:04,920
Speaker 1: in the State of the Union about Hey, there are

798
00:43:04,920 --> 00:43:08,120
Speaker 1: some people who want to deal with inflation by basically

799
00:43:08,160 --> 00:43:11,200
Speaker 1: making you poorer so you can't buy anything. That's not

800
00:43:11,440 --> 00:43:14,040
Speaker 1: my plan. My plan is to actually build on our

801
00:43:14,080 --> 00:43:17,239
Speaker 1: infrastructure and fix our supply chain and take these corporations

802
00:43:17,239 --> 00:43:21,319
Speaker 1: to task. That is a much better message than what

803
00:43:21,480 --> 00:43:23,520
Speaker 1: I think is. You know, they're looking for this sort

804
00:43:23,520 --> 00:43:27,040
Speaker 1: of cheap and easy ability to shirk any sort of

805
00:43:27,080 --> 00:43:31,000
Speaker 1: responsibility here. And I you know, people know that Russia

806
00:43:31,040 --> 00:43:34,439
Speaker 1: is obviously complicating the situation, making it worse. They thus

807
00:43:34,560 --> 00:43:37,880
Speaker 1: far are willing to, you know, engage in some financial

808
00:43:37,920 --> 00:43:41,080
Speaker 1: sacrifice because they think it's going to help the Ukrainians.

809
00:43:41,560 --> 00:43:43,759
Speaker 1: But I don't think that this is going to sell

810
00:43:43,760 --> 00:43:45,880
Speaker 1: with American people when we all know that prices have

811
00:43:45,960 --> 00:43:47,800
Speaker 1: been going up for a long time. I completely agree

812
00:43:47,800 --> 00:43:50,320
Speaker 1: with you, it's not going to sell. The best inflation

813
00:43:50,400 --> 00:43:53,239
Speaker 1: tested message the Biden administration ever had, per their own

814
00:43:53,320 --> 00:43:55,600
Speaker 1: internal polling, was that the best way to deal with

815
00:43:55,640 --> 00:43:58,280
Speaker 1: inflation is to build more things in America. Again true.

816
00:43:58,400 --> 00:44:01,120
Speaker 1: And I'll be talking in my monel specifically about how

817
00:44:01,200 --> 00:44:04,160
Speaker 1: China's idiotic COVID zero policy is about to make all

818
00:44:04,200 --> 00:44:07,080
Speaker 1: of us a lot more poor, even though none of

819
00:44:07,120 --> 00:44:09,640
Speaker 1: us actually signed up for that type of system. And

820
00:44:09,760 --> 00:44:11,920
Speaker 1: just to give you an idea of how devastating this

821
00:44:12,080 --> 00:44:15,239
Speaker 1: is for the Democratic Party and for Biden specifically, go

822
00:44:15,320 --> 00:44:17,040
Speaker 1: and put this up there, which is a Wall Street

823
00:44:17,080 --> 00:44:20,520
Speaker 1: Journal poll which is that non white voters right now

824
00:44:20,640 --> 00:44:23,960
Speaker 1: are the most likely to say that high inflation in

825
00:44:24,000 --> 00:44:26,919
Speaker 1: the last four decades is triggering a major financial strain

826
00:44:27,000 --> 00:44:30,200
Speaker 1: in their lives, and that is giving Republicans a massive

827
00:44:30,320 --> 00:44:33,759
Speaker 1: edge with them relative to their previous position. Of course,

828
00:44:33,800 --> 00:44:36,759
Speaker 1: it makes sense, which is that non white Americans are

829
00:44:36,840 --> 00:44:40,080
Speaker 1: disproportionately more likely to be poor. Inflation is a tax

830
00:44:40,360 --> 00:44:43,840
Speaker 1: upon the working class, and specifically upon the poor. Gas

831
00:44:43,880 --> 00:44:47,960
Speaker 1: prices are attacks on rural working class Americans as well,

832
00:44:48,040 --> 00:44:50,960
Speaker 1: all of whom are also likely to not be white.

833
00:44:51,080 --> 00:44:54,200
Speaker 1: And you put that together with the fact that almost

834
00:44:54,280 --> 00:44:58,640
Speaker 1: half of incomes less than sixty thousand dollars are reporting

835
00:44:58,960 --> 00:45:03,399
Speaker 1: major financial strain, while just thirteen percent of those making

836
00:45:03,400 --> 00:45:05,880
Speaker 1: one hundred and fifty thousand dollars or to do so.

837
00:45:06,120 --> 00:45:10,320
Speaker 1: The current Democratic Party's base are those people between sixty

838
00:45:10,440 --> 00:45:12,399
Speaker 1: to one hundred and fifty thousand, one hundred and thirty

839
00:45:12,400 --> 00:45:15,879
Speaker 1: five thousand crew to the four hundred thousand crew, the winewoms,

840
00:45:15,920 --> 00:45:18,600
Speaker 1: and all those people of America. When I say base,

841
00:45:18,640 --> 00:45:21,279
Speaker 1: I mean the cultural base, not necessarily the voting base.

842
00:45:21,320 --> 00:45:23,600
Speaker 1: These are the people traditionally who have voted for them.

843
00:45:23,800 --> 00:45:27,839
Speaker 1: And they're all talking within these within the story. They're like, hey, look,

844
00:45:28,120 --> 00:45:30,360
Speaker 1: he literally says, Uncle Joe has put us on a diet.

845
00:45:30,440 --> 00:45:32,239
Speaker 1: I like to have a stake once or twice a month.

846
00:45:32,280 --> 00:45:34,880
Speaker 1: I can't do that now. Stevens is a registered Democrat

847
00:45:34,920 --> 00:45:37,560
Speaker 1: who voted for Barack Obama for president and then Trump

848
00:45:37,640 --> 00:45:40,520
Speaker 1: in twenty sixteen, but he said he's more likely right

849
00:45:40,520 --> 00:45:43,399
Speaker 1: now to back Republicans because of inflation. Look, the guy

850
00:45:43,440 --> 00:45:45,120
Speaker 1: voted for Trump, so you know, take that with a

851
00:45:45,120 --> 00:45:47,680
Speaker 1: grain of salt. Yeah. I would just say though, that

852
00:45:47,760 --> 00:45:51,279
Speaker 1: people don't fit the typical identity politics mold, and they're

853
00:45:51,280 --> 00:45:54,960
Speaker 1: getting nuked by inflation and the Biden administration, you know,

854
00:45:55,000 --> 00:45:57,719
Speaker 1: blaming it on big bad Putin. It's just not going

855
00:45:57,800 --> 00:45:59,640
Speaker 1: to work no matter what you could say. We're gonna

856
00:45:59,640 --> 00:46:03,000
Speaker 1: build things in America again. But guess what hasn't presented

857
00:46:03,000 --> 00:46:06,720
Speaker 1: a single plan before Congress? Build back back, imagine presenting

858
00:46:06,920 --> 00:46:10,520
Speaker 1: before a major global crisis, the exact same plan as

859
00:46:10,520 --> 00:46:15,120
Speaker 1: you had before. What type of innovative thinking, right is that? Well?

860
00:46:15,160 --> 00:46:17,160
Speaker 1: Now idiocy? That was one of the things we talked

861
00:46:17,200 --> 00:46:19,480
Speaker 1: about on the State of the Union. Knight is like, Okay,

862
00:46:19,480 --> 00:46:21,960
Speaker 1: are you did you really scrap the old speech? Right? No,

863
00:46:22,600 --> 00:46:25,279
Speaker 1: use this moment to bring people together and paint a

864
00:46:25,360 --> 00:46:27,440
Speaker 1: portrait of how we're going to deal with this crisis

865
00:46:27,480 --> 00:46:29,560
Speaker 1: and how we're going to make come together as a country,

866
00:46:29,640 --> 00:46:31,760
Speaker 1: make ourselves strong. We're going to invest in renewable energy,

867
00:46:31,840 --> 00:46:34,359
Speaker 1: you know, a nuclear green New Deal or whatever, like,

868
00:46:34,680 --> 00:46:37,960
Speaker 1: pull it together, and we're going to make things in America.

869
00:46:38,040 --> 00:46:40,960
Speaker 1: I agree with you that that would land across the

870
00:46:41,000 --> 00:46:44,200
Speaker 1: board with Republicans, Independence, and Democrats. In fact, there's a

871
00:46:44,239 --> 00:46:47,200
Speaker 1: dude who's quoted in this Wall Street journal piece who's

872
00:46:47,239 --> 00:46:50,000
Speaker 1: going to vote for Republicans who said exactly that that

873
00:46:50,040 --> 00:46:51,799
Speaker 1: he was like, I think the problem is that we

874
00:46:51,800 --> 00:46:54,719
Speaker 1: don't make anything war. I mean, this is something that

875
00:46:54,880 --> 00:46:59,240
Speaker 1: this is a non partisan, populous sentiment that the Biden

876
00:46:59,280 --> 00:47:03,279
Speaker 1: administration and like two weeks ago started to sort of

877
00:47:03,320 --> 00:47:06,759
Speaker 1: play with, and now they've just rejected it in favor of, oh,

878
00:47:06,760 --> 00:47:10,520
Speaker 1: it's all Putin's fault. So I don't think that this

879
00:47:10,680 --> 00:47:12,719
Speaker 1: is a smart direction for them to go in. And

880
00:47:13,040 --> 00:47:17,640
Speaker 1: I mean, you can't say enough what a missed moment

881
00:47:17,719 --> 00:47:21,000
Speaker 1: and opportunity it is, because you do have people right

882
00:47:21,040 --> 00:47:24,919
Speaker 1: now sort of really wanting to do something and recognizing

883
00:47:24,960 --> 00:47:27,400
Speaker 1: the perils of the systems that we have built and

884
00:47:27,440 --> 00:47:30,200
Speaker 1: how they have made us more vulnerable, and there is

885
00:47:30,200 --> 00:47:33,920
Speaker 1: no effort whatsoever to kind of build on that current

886
00:47:34,120 --> 00:47:37,560
Speaker 1: moment and energy and consensus to do anything. And so

887
00:47:37,680 --> 00:47:40,799
Speaker 1: as a result, you know, according to this poll, you

888
00:47:40,880 --> 00:47:44,160
Speaker 1: have now Hispanic voters saying they would probably are definitely

889
00:47:44,239 --> 00:47:47,239
Speaker 1: back a Republican candate for Congress over a Democrat by

890
00:47:47,320 --> 00:47:52,200
Speaker 1: a margin of forty six to thirty seven amongst Hispanic voters.

891
00:47:52,840 --> 00:47:58,479
Speaker 1: That's devastating. And just back in November, when already there's

892
00:47:58,480 --> 00:48:01,320
Speaker 1: been a lot of Democratic erosion among this group of voters.

893
00:48:01,960 --> 00:48:04,640
Speaker 1: These the two parties were tied. They were tied, and

894
00:48:04,719 --> 00:48:08,560
Speaker 1: that was considered a disaster. Now they're losing by nine points.

895
00:48:09,719 --> 00:48:12,800
Speaker 1: And by the way, there's also been some erosion among

896
00:48:13,000 --> 00:48:16,439
Speaker 1: black voters. They favored a Democrat for Congress by thirty

897
00:48:16,520 --> 00:48:19,319
Speaker 1: five percentage pots. That's still a lot, but that's down

898
00:48:19,400 --> 00:48:24,480
Speaker 1: from fifty six points that they favored Democrats back in November.

899
00:48:24,560 --> 00:48:28,080
Speaker 1: So support for a Republican candidate among black voters rose

900
00:48:28,120 --> 00:48:31,160
Speaker 1: to twenty seven percent when it stood at twelve percent

901
00:48:31,560 --> 00:48:35,359
Speaker 1: in November. I mean, these are like Democrats can't forget

902
00:48:35,400 --> 00:48:38,319
Speaker 1: about the midterms. They can't win anything with these kind

903
00:48:38,320 --> 00:48:42,640
Speaker 1: of numbers among working class black and brown voters. And

904
00:48:42,719 --> 00:48:45,719
Speaker 1: so they better figure out something that is going to

905
00:48:46,080 --> 00:48:48,800
Speaker 1: signal to these voters that they take their concerns seriously

906
00:48:48,880 --> 00:48:52,440
Speaker 1: and they're actually doing something about it, not just trying

907
00:48:52,440 --> 00:48:55,719
Speaker 1: to blame shift and treating you like an idiot that

908
00:48:55,760 --> 00:48:59,040
Speaker 1: you didn't notice that prices were rising before. Now, yeah,

909
00:48:59,120 --> 00:49:03,080
Speaker 1: I think that all those This is the thing about,

910
00:49:03,719 --> 00:49:06,920
Speaker 1: why are they having such a missed opportunity? They could

911
00:49:07,160 --> 00:49:10,719
Speaker 1: actually propose something ambitious and Okay, let's say you want

912
00:49:10,719 --> 00:49:13,080
Speaker 1: to break the logjam. The only way to do it

913
00:49:13,120 --> 00:49:17,080
Speaker 1: is to put something that has actual bipartisan support and

914
00:49:17,120 --> 00:49:19,920
Speaker 1: then dare you know, the Susan Collins, the Joe Manchins

915
00:49:19,920 --> 00:49:22,200
Speaker 1: and all of them to vote against it without giving

916
00:49:22,239 --> 00:49:24,399
Speaker 1: them any sort of excuse. I want ahead and check.

917
00:49:24,440 --> 00:49:26,719
Speaker 1: There are several Republicans on the record who are pro

918
00:49:26,840 --> 00:49:29,000
Speaker 1: nuclear power. You know, I didn't know that South Carolina

919
00:49:29,120 --> 00:49:31,360
Speaker 1: gets like half of its power from nuclear. They have

920
00:49:31,400 --> 00:49:34,120
Speaker 1: all kinds of these power plants down in the South.

921
00:49:34,160 --> 00:49:36,640
Speaker 1: Tim Scott is pro nuclear. Okay, go to his office,

922
00:49:36,719 --> 00:49:38,360
Speaker 1: let's talk about it. I mean, there's all kinds of

923
00:49:38,400 --> 00:49:40,000
Speaker 1: different things that you could try to talk about and

924
00:49:40,040 --> 00:49:41,480
Speaker 1: then say, hey, Joe Manji, you're really going to vote

925
00:49:41,480 --> 00:49:43,759
Speaker 1: against this, really Okay, go ahead. You're going to deny

926
00:49:43,840 --> 00:49:47,200
Speaker 1: clean power, clean cheap power to the people of West Virginia,

927
00:49:47,440 --> 00:49:50,160
Speaker 1: be my guest. These are the types of things where

928
00:49:50,200 --> 00:49:51,960
Speaker 1: when you would actually put them on the spot, it

929
00:49:51,960 --> 00:49:54,160
Speaker 1: could change the whole map, and more importantly, you would

930
00:49:54,200 --> 00:49:56,759
Speaker 1: show the American people you're trying to do something about it.

931
00:49:56,800 --> 00:49:59,959
Speaker 1: But right now, look, there's been a temporary dropping gas price.

932
00:50:00,200 --> 00:50:03,160
Speaker 1: Thank god, it's like, I think ten cents whatever drop

933
00:50:03,440 --> 00:50:06,000
Speaker 1: in the last couple of days. Yeah, we'll take what

934
00:50:06,040 --> 00:50:07,640
Speaker 1: we can get. It's still above four dollars a gallon.

935
00:50:07,800 --> 00:50:10,200
Speaker 1: Bread crude is going below one hundred dollars a barrel.

936
00:50:10,200 --> 00:50:12,080
Speaker 1: There's a lot of different reasons for that. It could

937
00:50:12,120 --> 00:50:14,840
Speaker 1: still spike up to one point fifty. It remains unclear

938
00:50:14,880 --> 00:50:17,799
Speaker 1: exactly what's happening, but people are paying a lot of

939
00:50:17,800 --> 00:50:22,280
Speaker 1: money for food for gas. These are all areas where

940
00:50:22,320 --> 00:50:24,799
Speaker 1: we could have more cattle in America. Why do we

941
00:50:24,840 --> 00:50:27,839
Speaker 1: buy all these cattle from Urguire or whatever, or why

942
00:50:27,920 --> 00:50:29,919
Speaker 1: exactly do we have it? So that you know, we're

943
00:50:29,960 --> 00:50:33,319
Speaker 1: importing all this oil from Saudi Arabia, who we don't like,

944
00:50:33,360 --> 00:50:34,840
Speaker 1: and we have to go head and hand over to

945
00:50:34,880 --> 00:50:36,560
Speaker 1: the king who slaps him in the face and doesn't

946
00:50:36,560 --> 00:50:40,520
Speaker 1: even accept his phone call. Everybody's willing to have that discussion,

947
00:50:40,640 --> 00:50:43,279
Speaker 1: but nobody's willing to give you an answer right now.

948
00:50:43,360 --> 00:50:45,560
Speaker 1: And in that environment, the Dems are toast and the

949
00:50:45,600 --> 00:50:47,840
Speaker 1: alternative is always going to win, and that's the GOP.

950
00:50:48,200 --> 00:50:50,480
Speaker 1: My warning to the GOP would be, though, if your

951
00:50:50,520 --> 00:50:53,080
Speaker 1: messages do nothing about it, which is mostly what it

952
00:50:53,160 --> 00:50:55,319
Speaker 1: is whenever you're in power, then good luck, because then

953
00:50:55,360 --> 00:50:57,200
Speaker 1: the Dems are going to win. We have this endless

954
00:50:57,200 --> 00:51:00,640
Speaker 1: cycle of nothing. Their message, in some corner is even

955
00:51:00,719 --> 00:51:03,520
Speaker 1: worse than do nothing. If you're listening to the Rick

956
00:51:03,600 --> 00:51:07,960
Speaker 1: Scott plan, your message is, let's actually tax working class people.

957
00:51:08,239 --> 00:51:11,200
Speaker 1: It's like a throwback to the whole Mitt Romney forty

958
00:51:11,239 --> 00:51:15,279
Speaker 1: seven percent, you know, are the taker's kind of nonsense.

959
00:51:15,320 --> 00:51:18,040
Speaker 1: So good luck with that, y'all. See see how quickly

960
00:51:18,360 --> 00:51:21,680
Speaker 1: that changes these dynamics back in the other direction. Okay,

961
00:51:21,800 --> 00:51:24,040
Speaker 1: let's go ahead and move on. This is not just

962
00:51:24,160 --> 00:51:28,200
Speaker 1: about the view. This is about a repulsive and disgusting

963
00:51:28,400 --> 00:51:34,040
Speaker 1: McCarthy i sentiment which is sweeping elite liberalism at the view.

964
00:51:34,200 --> 00:51:37,000
Speaker 1: It just goes to show you that elite liberalism is

965
00:51:37,040 --> 00:51:41,480
Speaker 1: now being channeled into their popular cultural elements and trying

966
00:51:41,520 --> 00:51:44,560
Speaker 1: to spread this message to the masses. So let's go

967
00:51:44,560 --> 00:51:46,719
Speaker 1: ahead and start with this from the view where they

968
00:51:46,719 --> 00:51:50,439
Speaker 1: call for a literal investigation by the US government into

969
00:51:50,440 --> 00:51:53,280
Speaker 1: people who are questioning the official government narrative on Ukraine.

970
00:51:53,480 --> 00:51:55,920
Speaker 1: Let's take a listen, all and look. But I think

971
00:51:55,960 --> 00:51:59,719
Speaker 1: that's an incredibly relevant question, and I think DOJ and

972
00:51:59,800 --> 00:52:02,280
Speaker 1: the same way that it is setting up a task

973
00:52:02,320 --> 00:52:05,640
Speaker 1: force to investigate oligarchs, should look into people who are

974
00:52:06,000 --> 00:52:09,600
Speaker 1: Russian propagandists and shilling for Putin. That's being if you

975
00:52:09,640 --> 00:52:14,040
Speaker 1: are a foreign asset to a dictator, it should be investigated.

976
00:52:14,080 --> 00:52:17,799
Speaker 1: In fact, I remember when Tulsi Gabbard and I even

977
00:52:17,840 --> 00:52:19,880
Speaker 1: hate that we're discussing it because I think to myself,

978
00:52:19,880 --> 00:52:22,520
Speaker 1: who is this woman. They used to arrest people for

979
00:52:22,640 --> 00:52:26,920
Speaker 1: doing stuff like this if they thought you were colluding

980
00:52:27,360 --> 00:52:29,920
Speaker 1: with a Russian agent, if they thought you were putting

981
00:52:29,920 --> 00:52:33,800
Speaker 1: out information or taking information and handing over to Russia.

982
00:52:33,840 --> 00:52:36,400
Speaker 1: They used to actually investigate stuff like this, And I

983
00:52:36,440 --> 00:52:40,520
Speaker 1: guess now you know, there seems to be no bars

984
00:52:40,600 --> 00:52:44,600
Speaker 1: and people are not being told to hate Putin. They

985
00:52:44,800 --> 00:52:48,600
Speaker 1: disgusting to arrest people for stuff, right, And this started

986
00:52:48,880 --> 00:52:51,320
Speaker 1: with Mitt Romney. Let's go put this up there on screen.

987
00:52:51,520 --> 00:52:55,640
Speaker 1: Who says, quote, Tulsa Gabbard is parroting false Russian propaganda.

988
00:52:55,920 --> 00:53:00,160
Speaker 1: Her treasonous lies may well cost lives. Look, here's the thing.

989
00:53:00,360 --> 00:53:02,319
Speaker 1: We don't know a goddamn thing about what's going on

990
00:53:02,400 --> 00:53:04,600
Speaker 1: with these Ukrainian biolabs. And yeah, there's a lot of

991
00:53:04,640 --> 00:53:07,560
Speaker 1: propaganda on both sides that are flying around about them.

992
00:53:07,880 --> 00:53:11,319
Speaker 1: That being said, treason is a crime punishable by death,

993
00:53:11,600 --> 00:53:13,600
Speaker 1: and that is what you were accusing a member of

994
00:53:13,600 --> 00:53:17,520
Speaker 1: the US armed forces of. Even worse, you can disagree

995
00:53:17,520 --> 00:53:22,000
Speaker 1: with somebody without saying that they are a traitor to

996
00:53:22,120 --> 00:53:25,600
Speaker 1: their government. Yeah. Look, we live in a free country

997
00:53:26,000 --> 00:53:28,640
Speaker 1: with freedom of speech, where people can and should be

998
00:53:28,719 --> 00:53:31,839
Speaker 1: allowed to basically say whatever they want. I will go

999
00:53:31,880 --> 00:53:34,880
Speaker 1: as far as saying that if somebody is parroting straight

1000
00:53:34,960 --> 00:53:38,960
Speaker 1: up Russian lies, they should still not be prosecuted for treason.

1001
00:53:39,200 --> 00:53:42,320
Speaker 1: You know why, cause that's happened before, in the Civil

1002
00:53:42,320 --> 00:53:45,440
Speaker 1: War and World War One and World War two and

1003
00:53:45,480 --> 00:53:48,080
Speaker 1: the Vietnam War, and in any of those cases, we

1004
00:53:48,120 --> 00:53:51,080
Speaker 1: were better off for having free and open discussion rather

1005
00:53:51,360 --> 00:53:55,680
Speaker 1: than censoring any outright opinion that we don't agree with.

1006
00:53:55,880 --> 00:53:58,040
Speaker 1: That's the cost of living in a free society. And

1007
00:53:58,080 --> 00:54:00,360
Speaker 1: if you're actually confident in what you believe, then you

1008
00:54:00,400 --> 00:54:03,440
Speaker 1: don't have to go around accusing people of treason. So,

1009
00:54:03,920 --> 00:54:07,120
Speaker 1: like we said it, regardless of the merits, to put

1010
00:54:07,120 --> 00:54:09,240
Speaker 1: this out there in the minds of millions of people

1011
00:54:09,640 --> 00:54:12,080
Speaker 1: is so incredibly dangerous. They're calling for the use of

1012
00:54:12,120 --> 00:54:15,560
Speaker 1: the state against their political opponents. Insane, It is insane,

1013
00:54:15,760 --> 00:54:19,400
Speaker 1: And I recall I seem to remember during the Trump

1014
00:54:19,440 --> 00:54:23,360
Speaker 1: twenty sixteen campaign, when you know, the locker up chant,

1015
00:54:23,480 --> 00:54:27,000
Speaker 1: there was a lot of concern about, you know, vindictive

1016
00:54:27,280 --> 00:54:31,360
Speaker 1: use of the state to criminalize your political opponents. And

1017
00:54:31,440 --> 00:54:34,160
Speaker 1: I would just say, yes, that was grotesque then, and

1018
00:54:34,239 --> 00:54:38,839
Speaker 1: it was is grotesque now. What's really shocking is that

1019
00:54:39,120 --> 00:54:41,960
Speaker 1: you have this whole panel of women who are supposed

1020
00:54:41,960 --> 00:54:45,680
Speaker 1: to have, you know, ideological diversity, and not one of

1021
00:54:45,719 --> 00:54:48,920
Speaker 1: them is like, hold on this decade, that's a little crazy.

1022
00:54:48,960 --> 00:54:52,319
Speaker 1: Wait a second, we're now calling, like casually calling to

1023
00:54:52,520 --> 00:54:56,440
Speaker 1: arrest Tulci Gabbard and Tucker Carlson because they said some

1024
00:54:56,520 --> 00:54:59,239
Speaker 1: things we don't like, like what are we doing exactly here?

1025
00:55:00,080 --> 00:55:04,759
Speaker 1: And it does show you the way that liberalism and

1026
00:55:05,000 --> 00:55:07,760
Speaker 1: desire to be like on the right side of history

1027
00:55:07,800 --> 00:55:10,440
Speaker 1: and get it right with regards to polite society and

1028
00:55:10,480 --> 00:55:13,719
Speaker 1: be tougher and stronger with regards to doing the right thing,

1029
00:55:14,280 --> 00:55:19,040
Speaker 1: how that can quickly slide into yes, authoritarianism and fascism.

1030
00:55:19,160 --> 00:55:21,759
Speaker 1: I mean, you see it really unfolding right now in

1031
00:55:21,800 --> 00:55:25,760
Speaker 1: real time where some of the most grotesque xenophobes, people

1032
00:55:25,840 --> 00:55:29,000
Speaker 1: like Eric Swalwell, who are just casually calling to like

1033
00:55:29,120 --> 00:55:33,120
Speaker 1: ban every Russian student from the country. People are calling for,

1034
00:55:33,400 --> 00:55:37,080
Speaker 1: you know, banning any Russian ownership of anything and kicking

1035
00:55:37,360 --> 00:55:40,919
Speaker 1: twenty year old piano players out of concert. I mean,

1036
00:55:40,960 --> 00:55:49,680
Speaker 1: this sort of mindset is really exposing something ugly and dangerous. So, yeah,

1037
00:55:49,760 --> 00:55:55,520
Speaker 1: this is an extraordinarily an extraordinarily bad direction for things

1038
00:55:55,560 --> 00:55:59,080
Speaker 1: to go in where you can't handle someone saying something

1039
00:55:59,120 --> 00:56:01,839
Speaker 1: that you don't like, that you think is untrue, that

1040
00:56:01,920 --> 00:56:04,799
Speaker 1: you disagree with, that you think sounds a little bit

1041
00:56:04,960 --> 00:56:08,560
Speaker 1: like some other country, and so you can't handle that

1042
00:56:08,840 --> 00:56:12,440
Speaker 1: you have to actually criminalize and jail them. Yeah, what

1043
00:56:12,600 --> 00:56:15,919
Speaker 1: kind of like again, You know, we talk a lot

1044
00:56:15,920 --> 00:56:19,239
Speaker 1: about democracies around the world and being in tomorrow and

1045
00:56:19,280 --> 00:56:22,520
Speaker 1: believing in democracy, Like, what type of a democracy is

1046
00:56:22,560 --> 00:56:25,560
Speaker 1: so self conscious that you can't deal with a couple

1047
00:56:25,680 --> 00:56:28,880
Speaker 1: people having a different point of view and saying things

1048
00:56:28,880 --> 00:56:31,280
Speaker 1: that you don't like, even things that may be offensive,

1049
00:56:31,520 --> 00:56:34,360
Speaker 1: even things that may be completely wrong. You can't handle that.

1050
00:56:34,600 --> 00:56:37,560
Speaker 1: I also like the moment when she acknowledges, like, you know,

1051
00:56:37,640 --> 00:56:40,280
Speaker 1: we're actually just giving this point of view more attention

1052
00:56:40,440 --> 00:56:42,719
Speaker 1: right now? Yeah, oh yeah, they do that all the time.

1053
00:56:43,040 --> 00:56:44,840
Speaker 1: They did this with Trump too, all the time. I

1054
00:56:44,840 --> 00:56:46,840
Speaker 1: can't believe we're talking about this, But then we're going

1055
00:56:46,880 --> 00:56:48,759
Speaker 1: to spend the whole show talking about this. Yeah, and

1056
00:56:48,800 --> 00:56:51,040
Speaker 1: you know, of course, so many people are crawling out

1057
00:56:51,080 --> 00:56:53,759
Speaker 1: of the woodwork. Peter Struck, That's why I remember him

1058
00:56:53,840 --> 00:56:58,080
Speaker 1: the FBIA just Grace agent who had an affair, and

1059
00:56:58,120 --> 00:57:00,839
Speaker 1: then all the texts obviously that we're at the heart

1060
00:57:00,840 --> 00:57:03,319
Speaker 1: of Russia Gate. Look what he put out yesterday. Let's

1061
00:57:03,360 --> 00:57:06,359
Speaker 1: put this up there. So he compares Tulsey Gabbard saying

1062
00:57:06,400 --> 00:57:10,160
Speaker 1: quote Ukraine isn't actually a democracy to Tucker Carlson saying

1063
00:57:10,239 --> 00:57:13,440
Speaker 1: quote not that Ukraine is a democracy, and says not

1064
00:57:13,760 --> 00:57:18,040
Speaker 1: are they coordinating? Rather? Who is coordinating? All right? Look,

1065
00:57:18,200 --> 00:57:23,600
Speaker 1: you freakin genius It does not take a coordination to

1066
00:57:23,920 --> 00:57:27,440
Speaker 1: state the basic fact that, yeah, Ukraine is a corrupt country.

1067
00:57:27,560 --> 00:57:31,320
Speaker 1: Ukraine did have some problems in terms of corruption, cracked

1068
00:57:31,360 --> 00:57:34,840
Speaker 1: out on domestic political opponents and more. And having an

1069
00:57:35,000 --> 00:57:38,000
Speaker 1: argument and whether that's democracy or not, Okay, that's fine.

1070
00:57:38,040 --> 00:57:40,920
Speaker 1: I think it's up in the air. But that should

1071
00:57:40,960 --> 00:57:43,680
Speaker 1: be part of the discussion, especially when people like him

1072
00:57:44,000 --> 00:57:46,920
Speaker 1: are saying that the United States has a responsibility basically

1073
00:57:47,160 --> 00:57:50,600
Speaker 1: to engage in war on behalf of that country. We

1074
00:57:50,640 --> 00:57:53,120
Speaker 1: should then to well, like, who are our allies, what

1075
00:57:53,200 --> 00:57:55,400
Speaker 1: do they really stand for? And obviously it's a very

1076
00:57:55,400 --> 00:57:57,840
Speaker 1: gray area in all of this, And I don't think

1077
00:57:57,880 --> 00:58:00,960
Speaker 1: that the Ukrainians are you know, I'm not saying here

1078
00:58:01,040 --> 00:58:03,680
Speaker 1: that the Ukrainians deserved it. I'm not saying that the

1079
00:58:03,760 --> 00:58:05,840
Speaker 1: Russians aren't the bad guy in the situation. I think

1080
00:58:05,840 --> 00:58:08,880
Speaker 1: that they are. I'm acknowledging that life is very complicated,

1081
00:58:09,280 --> 00:58:12,680
Speaker 1: and they are accusing anybody who's even stating that basic

1082
00:58:12,760 --> 00:58:16,000
Speaker 1: fact or sure, even in both of these cases hyperbolizing it,

1083
00:58:16,360 --> 00:58:21,000
Speaker 1: that doesn't mean that they're being coordinated agents. Implying conspiracy

1084
00:58:21,520 --> 00:58:25,080
Speaker 1: also implies crime, and worse, it implies it has to

1085
00:58:25,080 --> 00:58:28,000
Speaker 1: be cracked out upon. Put all of these together, and

1086
00:58:28,040 --> 00:58:32,280
Speaker 1: you're seeing a call for political basically government violence and

1087
00:58:32,920 --> 00:58:38,000
Speaker 1: use of the state in order to criminalize any alternative

1088
00:58:38,520 --> 00:58:41,560
Speaker 1: opinion or explanation which should be allowed in a free

1089
00:58:41,600 --> 00:58:44,840
Speaker 1: and a viber democracy. Some real tinfoil had kind of

1090
00:58:44,880 --> 00:58:48,000
Speaker 1: crapt Yes, Peter Struck is it's LOI that's the other Yeah,

1091
00:58:48,160 --> 00:58:51,360
Speaker 1: is alleging here. But everybody's prime, I should say everybody.

1092
00:58:51,360 --> 00:58:53,600
Speaker 1: There's a lot of a population that's prime for it.

1093
00:58:53,680 --> 00:58:56,800
Speaker 1: After years of Russiagate conspiracy where you were seeing like

1094
00:58:56,840 --> 00:58:59,440
Speaker 1: a Kremlin agent and you know, the hands of Putin

1095
00:58:59,520 --> 00:59:02,720
Speaker 1: manipulation every single thing that was happening in our politics,

1096
00:59:02,760 --> 00:59:05,720
Speaker 1: and apparently you know in the Canadian trucker convoy as well.

1097
00:59:05,760 --> 00:59:08,480
Speaker 1: We brought you that too. I mean, listen, it's not

1098
00:59:08,640 --> 00:59:12,120
Speaker 1: hard engaged with what they're saying. My issue is, I

1099
00:59:12,120 --> 00:59:16,000
Speaker 1: don't know why there's a fixation on the democratic norms

1100
00:59:16,240 --> 00:59:19,520
Speaker 1: or lack thereof in Ukraine because it doesn't justify, like,

1101
00:59:19,560 --> 00:59:22,240
Speaker 1: I don't see how that changes the situation with what

1102
00:59:22,360 --> 00:59:24,360
Speaker 1: Russia is doing to Ukraine. So I do think the

1103
00:59:24,400 --> 00:59:26,720
Speaker 1: whole conversation is a bit of a distraction, But you

1104
00:59:26,760 --> 00:59:30,280
Speaker 1: can also just directly engage with it. You know, there

1105
00:59:30,520 --> 00:59:34,640
Speaker 1: is significant corruption. They are a sort of fledgling democracy.

1106
00:59:34,680 --> 00:59:38,440
Speaker 1: There have been troubling crackdowns on political opponents. There's been

1107
00:59:38,480 --> 00:59:41,400
Speaker 1: troubling crackdown on independent media. By the way, we can

1108
00:59:41,440 --> 00:59:43,720
Speaker 1: also say we've got our own issues with democracy here

1109
00:59:43,720 --> 00:59:46,120
Speaker 1: in this country and the will of the people not

1110
00:59:46,280 --> 00:59:50,240
Speaker 1: being represented there is that hard. No, it's not, it's

1111
00:59:50,360 --> 00:59:52,280
Speaker 1: you know, I mean, and we give these people like

1112
00:59:52,680 --> 00:59:55,720
Speaker 1: we give people so much power by pretending that they're

1113
00:59:55,840 --> 00:59:59,120
Speaker 1: so important that we can't even allow them to have

1114
00:59:59,160 --> 01:00:02,560
Speaker 1: a voice or a platform whatsoever. We have to criminalize them.

1115
01:00:02,600 --> 01:00:06,120
Speaker 1: They have to be traders. The penalty, I mean, isn't

1116
01:00:06,120 --> 01:00:08,720
Speaker 1: it romney saying that Tulsi Gabber should be put to death?

1117
01:00:09,000 --> 01:00:11,800
Speaker 1: Like this is literal, this is it is literally saying

1118
01:00:12,200 --> 01:00:17,440
Speaker 1: insanity and part of the mass hysteria which is extremely

1119
01:00:17,560 --> 01:00:21,480
Speaker 1: dangerous that we have been tracking here as well. So

1120
01:00:24,360 --> 01:00:26,200
Speaker 1: all right, sago, what are you looking at? Well, when

1121
01:00:26,200 --> 01:00:28,160
Speaker 1: the history of the twenty twenties is written, they will

1122
01:00:28,160 --> 01:00:31,400
Speaker 1: look back at this month specifically as when the world

1123
01:00:31,560 --> 01:00:34,520
Speaker 1: truly woke up to the dangers of globalization. You would

1124
01:00:34,560 --> 01:00:37,200
Speaker 1: think it might take a global pandemic, two years of

1125
01:00:37,240 --> 01:00:40,520
Speaker 1: depending on your peer adversary for critical medical supplies. But

1126
01:00:40,720 --> 01:00:42,959
Speaker 1: really what it took was the outbreak of a war

1127
01:00:43,080 --> 01:00:46,560
Speaker 1: in Europe combined with a massive supply shock brought once

1128
01:00:46,600 --> 01:00:49,400
Speaker 1: again by the Chinese government. The Russian effects on the

1129
01:00:49,440 --> 01:00:52,280
Speaker 1: economy at this point are all well known. High gas price,

1130
01:00:52,360 --> 01:00:55,520
Speaker 1: high fertilizer price, leading to food and possibly double digit

1131
01:00:55,560 --> 01:00:59,000
Speaker 1: inflation in food products for the developed world, as well

1132
01:00:59,040 --> 01:01:01,600
Speaker 1: as a very likely shore and wheat markets. And while

1133
01:01:01,600 --> 01:01:04,160
Speaker 1: devastating as that will be for many people, it is

1134
01:01:04,240 --> 01:01:07,440
Speaker 1: just a drop in the bucket compared to what could come. Russia,

1135
01:01:07,520 --> 01:01:10,480
Speaker 1: after all, is only the world's eleventh largest economy and

1136
01:01:10,520 --> 01:01:14,479
Speaker 1: they mostly just export petroleum products. China, on the other hand,

1137
01:01:14,680 --> 01:01:17,160
Speaker 1: is the whole ballgame. Even ten percent of the Russian

1138
01:01:17,160 --> 01:01:20,320
Speaker 1: economic sanctions against China would have a cascading effect on

1139
01:01:20,320 --> 01:01:23,640
Speaker 1: the global economy, and while sanctions haven't touched them yet,

1140
01:01:23,880 --> 01:01:26,800
Speaker 1: the idiocy of the Chinese Communist Party is about to

1141
01:01:26,840 --> 01:01:30,000
Speaker 1: have a massive impact on the global economy and us

1142
01:01:30,000 --> 01:01:33,000
Speaker 1: here at home. China, despite being responsible for the spread

1143
01:01:33,000 --> 01:01:36,320
Speaker 1: of COVID in the first place, has remained duly committed

1144
01:01:36,480 --> 01:01:39,880
Speaker 1: to COVID zero policy and has the authoritarian chops to

1145
01:01:39,920 --> 01:01:44,520
Speaker 1: back that up. So they have instituted full scale lockdown

1146
01:01:44,560 --> 01:01:48,320
Speaker 1: and quarantines across the country. They will even strand people

1147
01:01:48,360 --> 01:01:50,920
Speaker 1: with nothing in service of trying to shut down the virus.

1148
01:01:51,120 --> 01:01:54,600
Speaker 1: They had moderate success with that strategy until Omicron appeared.

1149
01:01:54,640 --> 01:01:57,439
Speaker 1: And now when COVID zero meets omicron, we are seeing

1150
01:01:57,480 --> 01:02:00,520
Speaker 1: a massive impact on our own supply chain for goods

1151
01:02:00,520 --> 01:02:02,920
Speaker 1: that we consume at home. Yesterday that we saw that

1152
01:02:03,000 --> 01:02:06,120
Speaker 1: news that the fox Con has forced to halt production

1153
01:02:06,360 --> 01:02:10,280
Speaker 1: at its Shenzen facility over a Chinese impost lockdown over

1154
01:02:10,320 --> 01:02:13,960
Speaker 1: the entire city. This has a massive impact, first obviously

1155
01:02:14,000 --> 01:02:16,720
Speaker 1: on the Apple iPhone supply chain, but more than that,

1156
01:02:16,840 --> 01:02:20,160
Speaker 1: it is a symbol of even more inflation to come

1157
01:02:20,400 --> 01:02:24,080
Speaker 1: here at home. Shenzen has a population of seventeen million.

1158
01:02:24,480 --> 01:02:29,440
Speaker 1: It is being shut down over sixty coronavirus cases. Sixty

1159
01:02:29,800 --> 01:02:33,200
Speaker 1: these people make the branch covidians here at home look sane.

1160
01:02:33,480 --> 01:02:36,560
Speaker 1: The Shenzen facility for fox Con is the second largest

1161
01:02:36,600 --> 01:02:39,920
Speaker 1: facility in the whole country. Exactly how long is this

1162
01:02:40,040 --> 01:02:44,080
Speaker 1: lockdown going to last totally unclear. Look According to the

1163
01:02:44,120 --> 01:02:47,840
Speaker 1: city of Shenzen's own government. They are the largest exporter

1164
01:02:47,920 --> 01:02:52,120
Speaker 1: of goods from all of China, with three hundred billion

1165
01:02:52,240 --> 01:02:55,280
Speaker 1: in goods just last year, with a large percentage of

1166
01:02:55,280 --> 01:03:00,320
Speaker 1: those goods related to consumer electronics from phones, processors, audio

1167
01:03:00,400 --> 01:03:03,880
Speaker 1: video equipment, basic electoral components. We are talking about one

1168
01:03:03,880 --> 01:03:06,480
Speaker 1: of the most strategically important cities on the planet for

1169
01:03:06,560 --> 01:03:09,840
Speaker 1: production that exists in the year twenty twenty one. Here's

1170
01:03:09,840 --> 01:03:12,320
Speaker 1: the thing, this lockdown on the city. It's totally up

1171
01:03:12,360 --> 01:03:14,360
Speaker 1: to the government of China when it's going to stop.

1172
01:03:14,560 --> 01:03:17,800
Speaker 1: They have not cared yet about economic consequences when pursuing

1173
01:03:17,800 --> 01:03:22,360
Speaker 1: this idiotic strategy. China is restricting intercountry travel, keeping millions

1174
01:03:22,360 --> 01:03:24,800
Speaker 1: of its citizens restricted to the areas that they are from,

1175
01:03:24,920 --> 01:03:26,840
Speaker 1: and in a way, I feel for them. China has

1176
01:03:26,840 --> 01:03:29,040
Speaker 1: not actually done a very good job of vaccinating their

1177
01:03:29,080 --> 01:03:32,640
Speaker 1: elderly population, and they have a very very vulnerable elderly

1178
01:03:32,680 --> 01:03:36,360
Speaker 1: population health wise. Combine that with reverence for the elderly

1179
01:03:36,400 --> 01:03:39,080
Speaker 1: in China and you see a government with more incentives

1180
01:03:39,200 --> 01:03:42,800
Speaker 1: to keep lockdowns forever. Of course, the casualty is going

1181
01:03:42,840 --> 01:03:45,600
Speaker 1: to be the US. Global inflation in terms of consumer

1182
01:03:45,680 --> 01:03:49,120
Speaker 1: electronics is now even more likely to spike. Highlighting the

1183
01:03:49,200 --> 01:03:52,640
Speaker 1: dangers of globalization, and allowing a critical part of your

1184
01:03:52,680 --> 01:03:56,040
Speaker 1: supply chain of the future to be wholly determined by

1185
01:03:56,080 --> 01:03:58,880
Speaker 1: the whims of a government which also loves nothing more

1186
01:03:59,000 --> 01:04:01,920
Speaker 1: than to see our country suffer. What's worse is that

1187
01:04:01,960 --> 01:04:05,600
Speaker 1: inflation is only likely the tip of the iceberg. Just yesterday,

1188
01:04:05,640 --> 01:04:08,680
Speaker 1: the Chinese stock market plunged more than has since two

1189
01:04:08,720 --> 01:04:11,640
Speaker 1: thousand and eight. It is being described as a dot

1190
01:04:11,680 --> 01:04:15,200
Speaker 1: com level bust over there. Because of our policy makers,

1191
01:04:15,360 --> 01:04:18,200
Speaker 1: we are likely to see financial contagion here at home.

1192
01:04:18,560 --> 01:04:21,439
Speaker 1: Multiple Chinese companies are included in funds traded by major

1193
01:04:21,440 --> 01:04:24,960
Speaker 1: stock exchanges, including some held by the most prestigious pension

1194
01:04:24,960 --> 01:04:28,480
Speaker 1: funds here in the US. Great, right, Yeah, totally great.

1195
01:04:28,560 --> 01:04:31,600
Speaker 1: In fact, Wall Street upped its investments in Chinese stocks

1196
01:04:31,680 --> 01:04:35,320
Speaker 1: last year. They were returning well relative to our markets. Right, yeah,

1197
01:04:35,440 --> 01:04:39,160
Speaker 1: except yesterday they are now down a combined seventy two

1198
01:04:39,520 --> 01:04:43,360
Speaker 1: percent on US exchanges. Yeah, you heard me, right. We

1199
01:04:43,440 --> 01:04:46,120
Speaker 1: are on the verge of what feels like a collapse

1200
01:04:46,360 --> 01:04:49,160
Speaker 1: of a global order, a financial order, but really an

1201
01:04:49,240 --> 01:04:52,520
Speaker 1: order of our lives. We have ordered our economy around

1202
01:04:52,560 --> 01:04:55,000
Speaker 1: the cheapest and most efficient stuff in the chase of

1203
01:04:55,120 --> 01:04:58,080
Speaker 1: endless profits in some areas of life. That's nice. The

1204
01:04:58,120 --> 01:05:01,680
Speaker 1: iPhone is cool. My flat's TV is cool too. But

1205
01:05:01,760 --> 01:05:04,000
Speaker 1: you know what's not cool? Paying nearly five dollars a

1206
01:05:04,040 --> 01:05:06,280
Speaker 1: gallon and now having a huge portion of the public

1207
01:05:06,360 --> 01:05:08,880
Speaker 1: unable to afford the comforts of the everyday life that

1208
01:05:08,920 --> 01:05:12,080
Speaker 1: they were promised, and also being threatened with legitimate poverty

1209
01:05:12,120 --> 01:05:15,200
Speaker 1: over inflation. This is a turning point, but the problem

1210
01:05:15,280 --> 01:05:17,040
Speaker 1: is that there is no one to turn us in

1211
01:05:17,080 --> 01:05:21,120
Speaker 1: the right direction. Biden is absent, leaderless, His successors and

1212
01:05:21,120 --> 01:05:24,840
Speaker 1: subordinates are perhaps the only people in Washington more clueless

1213
01:05:24,840 --> 01:05:27,040
Speaker 1: and useless than he is. And on the other side,

1214
01:05:27,320 --> 01:05:30,760
Speaker 1: just full scale culture war. Nobody is proposing the ambitious

1215
01:05:30,760 --> 01:05:32,840
Speaker 1: program America needs to get ourselves the hell out of

1216
01:05:32,840 --> 01:05:35,440
Speaker 1: this mess. Look at our own eyes, at the state

1217
01:05:35,480 --> 01:05:37,840
Speaker 1: of the world. Has there ever been a better time

1218
01:05:37,880 --> 01:05:40,680
Speaker 1: to build here in America, develop long standing plans in

1219
01:05:40,720 --> 01:05:43,520
Speaker 1: our energy policy, at least a call to the better

1220
01:05:43,560 --> 01:05:45,960
Speaker 1: angels of our nature to avoid war and have a

1221
01:05:46,000 --> 01:05:48,920
Speaker 1: prosperous piece to make the pitch that we squarely to

1222
01:05:49,040 --> 01:05:52,680
Speaker 1: the American people. Our thirty year experiment with being reliant

1223
01:05:52,680 --> 01:05:56,960
Speaker 1: on others is over. It's time to turn to ourselves. Unfortunately,

1224
01:05:57,160 --> 01:06:00,120
Speaker 1: we are missing this opportunity, and in the meantime, the

1225
01:06:00,120 --> 01:06:03,520
Speaker 1: people who will suffer most are working class Americans getting

1226
01:06:03,560 --> 01:06:06,480
Speaker 1: hammered at the pump, losing seven percent of their wages

1227
01:06:06,480 --> 01:06:09,960
Speaker 1: to inflation, planning on driving less, and being miserable at home.

1228
01:06:10,200 --> 01:06:12,160
Speaker 1: Soon they won't be able to get a new TV

1229
01:06:12,320 --> 01:06:15,080
Speaker 1: to at least relax while watching their economy collapse. In

1230
01:06:15,080 --> 01:06:17,520
Speaker 1: pursuit of becoming a rich country for the few, we

1231
01:06:17,560 --> 01:06:20,640
Speaker 1: have made our poor more vulnerable. All we can do

1232
01:06:20,720 --> 01:06:22,800
Speaker 1: at this point is to at least have the courage

1233
01:06:22,880 --> 01:06:25,440
Speaker 1: to admit that we were terribly wrong years ago and

1234
01:06:26,240 --> 01:06:29,480
Speaker 1: reverse course on globalization. I would say that we don't

1235
01:06:29,480 --> 01:06:31,800
Speaker 1: have a choice, but actually we do. It seems that

1236
01:06:31,840 --> 01:06:34,640
Speaker 1: we refuse to take it. Instead, we have chosen to

1237
01:06:34,640 --> 01:06:37,840
Speaker 1: be complacent and fake anger about whatever the next controversy

1238
01:06:37,880 --> 01:06:40,400
Speaker 1: of the day is for now, and unfortunately that will

1239
01:06:40,400 --> 01:06:42,880
Speaker 1: probably do us. That's really all I can look at

1240
01:06:43,000 --> 01:06:45,640
Speaker 1: the situation. I mean, two thousand and eight crash and

1241
01:06:46,400 --> 01:06:49,120
Speaker 1: if you want to hear my reaction to Sager's monologue,

1242
01:06:49,160 --> 01:06:55,000
Speaker 1: become a premium subscriber today at breakingpoints dot com. Christl,

1243
01:06:55,040 --> 01:06:57,000
Speaker 1: what are you taking a look at well, guys, Joe

1244
01:06:57,000 --> 01:07:00,760
Speaker 1: Manchin really does seem to lean into a just tunishly

1245
01:07:00,880 --> 01:07:04,040
Speaker 1: villainous persona not content with taking a bunch of corporate

1246
01:07:04,120 --> 01:07:06,320
Speaker 1: cash to sink the climate provisions and build back better.

1247
01:07:06,920 --> 01:07:09,959
Speaker 1: Now he's coming after any and all attempts to lean

1248
01:07:10,000 --> 01:07:13,760
Speaker 1: into electric vehicles. So here is the latest. Speaking at

1249
01:07:13,800 --> 01:07:18,040
Speaker 1: an energy conference in Houston, Mansion told the crowd quote,

1250
01:07:18,560 --> 01:07:21,560
Speaker 1: I'm very reluctant to go down the path of electric vehicles.

1251
01:07:21,640 --> 01:07:24,680
Speaker 1: I'm old enough to remember standing in line in nineteen

1252
01:07:24,720 --> 01:07:28,360
Speaker 1: seventy four trying to buy gas. I remember those days.

1253
01:07:28,880 --> 01:07:31,280
Speaker 1: I don't want to have to be standing in line

1254
01:07:31,360 --> 01:07:34,640
Speaker 1: waiting for a battery for my vehicle because we're now

1255
01:07:34,680 --> 01:07:38,760
Speaker 1: dependent on a foreign supply chain, mostly China. This kind

1256
01:07:38,800 --> 01:07:41,680
Speaker 1: of anti logic is enough to make your brain explode.

1257
01:07:41,800 --> 01:07:45,400
Speaker 1: I hated gas lines, so let's stick with gas forever.

1258
01:07:46,320 --> 01:07:50,520
Speaker 1: And yeah, because of free market ideologues like yourself, China

1259
01:07:50,560 --> 01:07:52,640
Speaker 1: has jumped ahead of us in terms of securing the

1260
01:07:52,680 --> 01:07:55,920
Speaker 1: resources and manufacturing capacity that we need to build our

1261
01:07:55,960 --> 01:07:59,880
Speaker 1: domestic electric vehicle market. Maybe spend some time on that

1262
01:08:00,320 --> 01:08:03,400
Speaker 1: in your position as a United States senator. Rather than

1263
01:08:03,440 --> 01:08:05,680
Speaker 1: carrying water for the oil and gas lobby all day,

1264
01:08:05,760 --> 01:08:09,520
Speaker 1: every day. So Mansion lays out this galaxy brain position

1265
01:08:09,560 --> 01:08:13,760
Speaker 1: of prioritizing the terror of hypothetical battery charging lines instead

1266
01:08:13,800 --> 01:08:17,120
Speaker 1: of the actual gas lines that we've experienced. Or perhaps

1267
01:08:17,160 --> 01:08:19,559
Speaker 1: maybe he might be terrified of the obscene gas prices

1268
01:08:19,560 --> 01:08:22,120
Speaker 1: that the American working class is just outright unable to

1269
01:08:22,160 --> 01:08:25,320
Speaker 1: afford right now, or maybe the way our gas addiction

1270
01:08:25,520 --> 01:08:28,280
Speaker 1: keeps us tethered to terrible regimes like the Saudi's. Or

1271
01:08:28,360 --> 01:08:30,559
Speaker 1: I don't know the terror of climate devastation which the

1272
01:08:30,560 --> 01:08:34,120
Speaker 1: country and the world is already experiencing. But okay, if

1273
01:08:34,120 --> 01:08:38,040
Speaker 1: the imagined battery battery lines are your waking nightmare, you'd

1274
01:08:38,080 --> 01:08:41,639
Speaker 1: think that you would be into investing in electric charging

1275
01:08:41,680 --> 01:08:45,960
Speaker 1: stations to avoid such a calamitous and horrible fate. Nope,

1276
01:08:46,200 --> 01:08:48,679
Speaker 1: he's not down with that either. Manton told the Houston

1277
01:08:48,760 --> 01:08:52,040
Speaker 1: Energy audience that he had a quote hard time understanding

1278
01:08:52,080 --> 01:08:56,240
Speaker 1: such investments, saying, I've read history, and I remember Henry

1279
01:08:56,280 --> 01:08:58,519
Speaker 1: Ford inventing the model T, but I sure as hell

1280
01:08:58,600 --> 01:09:02,120
Speaker 1: don't remember the US government building filling stations the market

1281
01:09:02,240 --> 01:09:07,160
Speaker 1: did that. The crowd reportedly erupted with applause. Mansion's comments

1282
01:09:07,200 --> 01:09:11,240
Speaker 1: are not just absurd, though, they're also extremely depressing because

1283
01:09:11,320 --> 01:09:14,240
Speaker 1: Joe Manchin is so much more than one politician bought

1284
01:09:14,240 --> 01:09:17,920
Speaker 1: off by the oil and gas industry relentlessly pushing their propaganda.

1285
01:09:18,200 --> 01:09:21,479
Speaker 1: He is a living, breathing reminder of the fact that

1286
01:09:21,560 --> 01:09:24,320
Speaker 1: our security, our economic fate, and the fate of the

1287
01:09:24,320 --> 01:09:27,200
Speaker 1: whole planet are all tied to the actions of oil

1288
01:09:27,240 --> 01:09:30,880
Speaker 1: companies and their money. And it's a reminder that their

1289
01:09:30,960 --> 01:09:34,719
Speaker 1: interests have a stranglehold on our politics. It's a disaster,

1290
01:09:35,160 --> 01:09:37,639
Speaker 1: and one that has been made even more clear by

1291
01:09:37,760 --> 01:09:40,920
Speaker 1: our current predicament. As you probably know by now here's

1292
01:09:40,960 --> 01:09:43,880
Speaker 1: the landscape, you might have noticed gas prices in the

1293
01:09:44,000 --> 01:09:47,040
Speaker 1: US are at record highs. As I write this. Yesterday,

1294
01:09:47,080 --> 01:09:50,160
Speaker 1: Americans were paying four dollars and thirty three cents per gallon.

1295
01:09:50,439 --> 01:09:52,719
Speaker 1: Our ban on Russian oil is not likely to help

1296
01:09:52,840 --> 01:09:55,679
Speaker 1: in terms of other countries increasing output to lower cost

1297
01:09:56,040 --> 01:09:59,200
Speaker 1: Saudi and the UAE are not taking our calls. Venezuela

1298
01:09:59,280 --> 01:10:03,120
Speaker 1: is still understanding and hestogratic capacity anyway, and the renegotiation

1299
01:10:03,240 --> 01:10:05,400
Speaker 1: of the Iron nuclear Deal is teetering on the brink

1300
01:10:05,400 --> 01:10:08,599
Speaker 1: of collapse. So how about our own domestic production? Well,

1301
01:10:08,960 --> 01:10:11,880
Speaker 1: these guys are certainly raking in record profits, so they

1302
01:10:11,960 --> 01:10:17,280
Speaker 1: could drill, baby drill if they wanted to, but they don't. Exxon, Chevron,

1303
01:10:17,320 --> 01:10:20,120
Speaker 1: and Shell are among the twenty four companies posting soaring

1304
01:10:20,160 --> 01:10:23,880
Speaker 1: profits in twenty twenty one, but uninterested in investing in

1305
01:10:23,880 --> 01:10:27,639
Speaker 1: increased production, instead patting the bank accounts of mostly already

1306
01:10:27,640 --> 01:10:31,040
Speaker 1: wealthy shareholders while you suffer at the pump. So we

1307
01:10:31,120 --> 01:10:33,559
Speaker 1: got a situation where in the short term we actually

1308
01:10:33,640 --> 01:10:36,160
Speaker 1: need these oil companies to produce more and they won't.

1309
01:10:36,600 --> 01:10:38,360
Speaker 1: And then in the long term we need them to

1310
01:10:38,360 --> 01:10:40,720
Speaker 1: produce less and they also aren't going to do that.

1311
01:10:40,880 --> 01:10:43,720
Speaker 1: They're happy to engage in profit maximizing capital strikes like

1312
01:10:43,720 --> 01:10:47,320
Speaker 1: what they're up to right now, but any transition away

1313
01:10:47,360 --> 01:10:50,400
Speaker 1: from utter deadly reliance on their product leads to an

1314
01:10:50,439 --> 01:10:53,960
Speaker 1: all out offensive to kill any and all alternatives. They

1315
01:10:54,040 --> 01:10:56,519
Speaker 1: use their paid off proxies people like Joe Manchin to

1316
01:10:56,520 --> 01:10:59,160
Speaker 1: prevent any sort of green options, even to the extent

1317
01:10:59,520 --> 01:11:02,960
Speaker 1: a bazar are only making the case against obvious infrastructure

1318
01:11:03,000 --> 01:11:06,320
Speaker 1: investments like upgrading the grid to accommodate more electric vehicles

1319
01:11:06,520 --> 01:11:10,639
Speaker 1: and electric charging stations. So what would a policy suite

1320
01:11:10,640 --> 01:11:14,040
Speaker 1: look like that could incentivize short term production but disincentivize

1321
01:11:14,040 --> 01:11:17,040
Speaker 1: long term production. While we talked to an economist yesterday

1322
01:11:17,160 --> 01:11:20,200
Speaker 1: Scotta Amernath about his plan, and it's got some things

1323
01:11:20,200 --> 01:11:23,280
Speaker 1: to recommend it. Use the Strategic Petroleum Reserved to smooth

1324
01:11:23,320 --> 01:11:26,280
Speaker 1: oil prices so that oil companies aren't afraid to invest now,

1325
01:11:26,560 --> 01:11:29,880
Speaker 1: Use financing mechanisms to further incentivize that investment. Use the

1326
01:11:29,920 --> 01:11:32,280
Speaker 1: Defense Production Act to deal with supply chain issues that

1327
01:11:32,320 --> 01:11:35,920
Speaker 1: are also holding back that short term investment. But this

1328
01:11:36,040 --> 01:11:39,320
Speaker 1: doesn't really address the other side of the equation. Now,

1329
01:11:39,360 --> 01:11:41,519
Speaker 1: I can come up with lots of oil company bribes

1330
01:11:41,520 --> 01:11:43,080
Speaker 1: that might get them off their duff now in the

1331
01:11:43,120 --> 01:11:45,559
Speaker 1: short term, but how do we get them to accept

1332
01:11:45,640 --> 01:11:48,800
Speaker 1: a managed decline later on when they are so gigantic,

1333
01:11:48,880 --> 01:11:52,639
Speaker 1: and so powerful, and so profoundly uninterested in anything other

1334
01:11:52,840 --> 01:11:56,840
Speaker 1: than their own profits. Oftentimes, the simplest answer is the

1335
01:11:56,880 --> 01:11:59,200
Speaker 1: correct one. If people are poor, you give them money.

1336
01:11:59,280 --> 01:12:01,439
Speaker 1: If they're sick, you get them care. If they're homeless,

1337
01:12:01,479 --> 01:12:04,200
Speaker 1: you give them housing. Rather than tweak and incentivize and

1338
01:12:04,240 --> 01:12:06,879
Speaker 1: hope to drive the result we want, we should nationalize

1339
01:12:06,880 --> 01:12:09,640
Speaker 1: the oil companies then directly achieve the outcome that we

1340
01:12:09,680 --> 01:12:11,880
Speaker 1: want the outcome which is in the best interest of

1341
01:12:11,880 --> 01:12:15,320
Speaker 1: the American people for today and for tomorrow. As I

1342
01:12:15,360 --> 01:12:17,960
Speaker 1: mentioned yesterday, Matt Bruning of the People's Policy Project, he

1343
01:12:18,000 --> 01:12:21,439
Speaker 1: recently laid out the logic. He wrote, private owners and

1344
01:12:21,479 --> 01:12:24,120
Speaker 1: investors are not in the business of temporarily propping up

1345
01:12:24,200 --> 01:12:26,600
Speaker 1: dying industries, which means that they will either work to

1346
01:12:26,720 --> 01:12:29,120
Speaker 1: keep the industry from dying, which is bad for the climate,

1347
01:12:29,720 --> 01:12:32,920
Speaker 1: or that they will refuse to temporarily prop it up,

1348
01:12:32,960 --> 01:12:36,519
Speaker 1: which will cause economic chaos. A public owner is best

1349
01:12:36,520 --> 01:12:40,559
Speaker 1: position to pursue manage decline in a responsible way. It's

1350
01:12:40,600 --> 01:12:43,519
Speaker 1: funny Fox News is Harris Faukner, of all people, actually

1351
01:12:43,680 --> 01:12:47,200
Speaker 1: came the closest accidentally to making the direct case for

1352
01:12:47,240 --> 01:12:50,000
Speaker 1: this of anyone on cable news. Take a listen. I

1353
01:12:50,000 --> 01:12:52,479
Speaker 1: think you're talking about rent tape. And when I hear

1354
01:12:52,520 --> 01:12:55,639
Speaker 1: you say that, I think about one thing, Operation warp Speed.

1355
01:12:55,960 --> 01:12:58,160
Speaker 1: Come on, we can do this. We did what the

1356
01:12:58,160 --> 01:13:00,680
Speaker 1: rest of the world couldn't with the last administration and

1357
01:13:00,720 --> 01:13:03,880
Speaker 1: Operation Warp Speed. We wiped away that red tape. And

1358
01:13:03,920 --> 01:13:06,800
Speaker 1: I say, we as Americans, right, and then we got

1359
01:13:06,880 --> 01:13:11,040
Speaker 1: vaccines plural. Why can't we do that? With oil. Yes, Harris,

1360
01:13:11,240 --> 01:13:14,759
Speaker 1: get the government directly involved, really own Biden by taking

1361
01:13:14,760 --> 01:13:18,240
Speaker 1: it one step further and call for outright nationalization. Let's

1362
01:13:18,280 --> 01:13:21,000
Speaker 1: do it now. Her comments are instructed because they actually

1363
01:13:21,040 --> 01:13:23,519
Speaker 1: reflect the fact that gas prices and oil production are

1364
01:13:23,560 --> 01:13:26,519
Speaker 1: a direct and vital interest of the American people. Energy

1365
01:13:26,560 --> 01:13:30,360
Speaker 1: production should be seen more like vaccines, or public safety, or, frankly,

1366
01:13:30,400 --> 01:13:34,080
Speaker 1: the Internet, essential public goods where the public's interest is

1367
01:13:34,080 --> 01:13:37,519
Speaker 1: frequently at odds with the dictates of profit maximization, the

1368
01:13:37,560 --> 01:13:39,200
Speaker 1: sort of thing that shouldn't just be left of the

1369
01:13:39,200 --> 01:13:42,040
Speaker 1: whims of private profiteers, but should be accountable to a

1370
01:13:42,120 --> 01:13:46,200
Speaker 1: democratic process and shepherded by a public owner. Production could

1371
01:13:46,200 --> 01:13:48,880
Speaker 1: be managed to smooth costs and set to decline over

1372
01:13:48,920 --> 01:13:53,040
Speaker 1: an achievable realistic time horizon, all the time stocking profits

1373
01:13:53,040 --> 01:13:55,400
Speaker 1: away so that the workers who are sure to be

1374
01:13:55,479 --> 01:13:59,320
Speaker 1: decimated by the industry's decline will be protected. Now, if

1375
01:13:59,320 --> 01:14:02,280
Speaker 1: you go to Center Joe Mansion's home state of West Virginia,

1376
01:14:02,439 --> 01:14:05,400
Speaker 1: you'll actually see what the alternative looks like. It looks

1377
01:14:05,400 --> 01:14:10,120
Speaker 1: like ecological devastation and economic desperation. The failing coal companies

1378
01:14:10,160 --> 01:14:12,360
Speaker 1: they left work are sick, and they left them impoverished,

1379
01:14:12,479 --> 01:14:15,839
Speaker 1: the hillsides and the mountains, stripped, the political system thoroughly

1380
01:14:15,880 --> 01:14:19,800
Speaker 1: captured and blocked possibilities for alternative economic development in order

1381
01:14:19,840 --> 01:14:23,599
Speaker 1: to hold that workforce captive. Now do I think that

1382
01:14:23,640 --> 01:14:27,240
Speaker 1: oil company nationalization is likely, even in this moment, when

1383
01:14:27,240 --> 01:14:29,719
Speaker 1: it's so clear that our nation's security, economy, and liberal

1384
01:14:29,720 --> 01:14:31,559
Speaker 1: future are in the balance, and that they are such

1385
01:14:31,600 --> 01:14:35,840
Speaker 1: incredibly villainous actors. No, of course not. It's socialism et cetera,

1386
01:14:35,880 --> 01:14:38,160
Speaker 1: et cetera, et cetera. But you know, UBI was once

1387
01:14:38,200 --> 01:14:41,120
Speaker 1: seen as fantastical, and it barnstormed its way into our

1388
01:14:41,160 --> 01:14:44,519
Speaker 1: suite of policy tools pretty quickly. So I guess who knows.

1389
01:14:44,920 --> 01:14:47,799
Speaker 1: After all, nationalizing the gas companies would be a great

1390
01:14:47,840 --> 01:14:50,200
Speaker 1: way to own the neolibs. And if that can't bring

1391
01:14:50,280 --> 01:14:53,160
Speaker 1: us all together, I just don't know what can. The

1392
01:14:53,240 --> 01:14:56,120
Speaker 1: Joe Manton comments were so profoundly depressing to me because

1393
01:14:56,160 --> 01:14:58,120
Speaker 1: it just shows you how to and if you want

1394
01:14:58,120 --> 01:15:01,080
Speaker 1: to hear my reaction to crystals monologue, become a premium

1395
01:15:01,080 --> 01:15:06,920
Speaker 1: subscriber today at Breakingpoints dot Com joining us now the

1396
01:15:06,960 --> 01:15:10,400
Speaker 1: man behind TK News, Matt Tybee himself. Great to see you, Matt.

1397
01:15:10,439 --> 01:15:12,320
Speaker 1: Good to see you man. You see Crystal Selier, how

1398
01:15:12,360 --> 01:15:14,840
Speaker 1: are you doing very well? Let's go and put your

1399
01:15:14,920 --> 01:15:17,680
Speaker 1: latest piece that we were all reading up there on

1400
01:15:17,720 --> 01:15:20,800
Speaker 1: the screen, you say, or well was right? From free

1401
01:15:20,800 --> 01:15:24,040
Speaker 1: speech to spheres of influence to our passion for endless war.

1402
01:15:24,200 --> 01:15:29,080
Speaker 1: We've become the double thinkers nineteen eighty four predicted, So Matt,

1403
01:15:29,160 --> 01:15:31,840
Speaker 1: just give us your kind of overall view of how

1404
01:15:31,920 --> 01:15:34,920
Speaker 1: the war is being received and talked about here in

1405
01:15:34,920 --> 01:15:39,080
Speaker 1: this country. Yeah. I mean, I read this book every

1406
01:15:39,080 --> 01:15:42,599
Speaker 1: time I get really, really depressed, And does it make

1407
01:15:42,640 --> 01:15:46,080
Speaker 1: you more real less depressed when you read it? It

1408
01:15:46,120 --> 01:15:49,439
Speaker 1: goes both ways. But in this case, you know, I

1409
01:15:49,479 --> 01:15:53,920
Speaker 1: was really thinking about the the sort of effortless way

1410
01:15:54,000 --> 01:15:58,360
Speaker 1: in which we switched from being completely enraged about the

1411
01:15:58,479 --> 01:16:03,000
Speaker 1: unvaccinated to feeling to moving all those emotions over toward

1412
01:16:03,320 --> 01:16:08,439
Speaker 1: to the Russians, And about the succession of panics that

1413
01:16:08,479 --> 01:16:12,400
Speaker 1: we've had in the news in the last five or

1414
01:16:12,439 --> 01:16:15,960
Speaker 1: six years especially, and what that's done to the national character,

1415
01:16:16,520 --> 01:16:19,440
Speaker 1: and how similar that is to what Oral was describing

1416
01:16:20,280 --> 01:16:24,040
Speaker 1: in nineteen eighty four, where essentially he was saying that

1417
01:16:24,920 --> 01:16:31,320
Speaker 1: the ritualistic expressions of anger were designed to sort of

1418
01:16:31,400 --> 01:16:34,599
Speaker 1: keep people constantly in the present and to make them

1419
01:16:34,640 --> 01:16:39,080
Speaker 1: forget the past in any context that might be important

1420
01:16:39,120 --> 01:16:41,960
Speaker 1: to remember. And I think that's that's kind of what's

1421
01:16:41,960 --> 01:16:44,880
Speaker 1: going on with this Russia thing. You know, that they

1422
01:16:44,960 --> 01:16:49,040
Speaker 1: want people to not think about a whole variety of

1423
01:16:50,160 --> 01:16:54,760
Speaker 1: background issues involving the story, and it just seems like

1424
01:16:54,800 --> 01:16:59,559
Speaker 1: everybody's in this kind of two minutes hate mode about

1425
01:16:59,600 --> 01:17:02,800
Speaker 1: the entire issue. Yeah, I think this is important, Matt,

1426
01:17:02,840 --> 01:17:05,479
Speaker 1: which is that this kind of freak out that we're seeing.

1427
01:17:05,600 --> 01:17:07,280
Speaker 1: And I'd like for you to bring your perspective as

1428
01:17:07,280 --> 01:17:10,840
Speaker 1: somebody who lived in Russia at the most critical time

1429
01:17:10,960 --> 01:17:15,360
Speaker 1: really of modern Russian history, where everything seemed up for grabs.

1430
01:17:15,360 --> 01:17:18,200
Speaker 1: You have these rapacious oligarchs, and then there's a massive

1431
01:17:18,200 --> 01:17:20,799
Speaker 1: financial collapse with it, and now everybody has blue jeans

1432
01:17:21,240 --> 01:17:25,559
Speaker 1: and McDonald's. I mean, in the context of people there

1433
01:17:25,760 --> 01:17:27,360
Speaker 1: who you know, probably some of your friends that you

1434
01:17:27,400 --> 01:17:29,880
Speaker 1: can still read or keep in touch with with them,

1435
01:17:30,479 --> 01:17:33,360
Speaker 1: How is this kind of Russophobia, kind of two minute

1436
01:17:33,360 --> 01:17:36,400
Speaker 1: hate madness, how is that going to play over in

1437
01:17:36,479 --> 01:17:39,400
Speaker 1: Russia given the trauma that they have been through over

1438
01:17:39,439 --> 01:17:43,240
Speaker 1: the last couple of twenty five years. I think for

1439
01:17:43,360 --> 01:17:47,200
Speaker 1: ordinary Russians. The idea that they're going to be held

1440
01:17:47,240 --> 01:17:52,040
Speaker 1: responsible for the insanity of their leaders is it's nothing new.

1441
01:17:52,120 --> 01:17:55,240
Speaker 1: On the one end, they're used to it. But on

1442
01:17:55,280 --> 01:17:57,880
Speaker 1: the other hand, I think that it's profoundly disappointing, and

1443
01:17:57,920 --> 01:18:01,599
Speaker 1: it's the end of a really a thirty year story

1444
01:18:03,080 --> 01:18:06,160
Speaker 1: about their disenchantment from the West. You know, when I

1445
01:18:06,160 --> 01:18:09,519
Speaker 1: first got to Russia in I was still the Soviet

1446
01:18:09,600 --> 01:18:12,280
Speaker 1: Union in nineteen eighty nine, and when I studied there,

1447
01:18:12,640 --> 01:18:14,960
Speaker 1: I lived there for almost a decade. When I first

1448
01:18:15,000 --> 01:18:18,519
Speaker 1: got there, Americans were held in the highest regard. You

1449
01:18:19,600 --> 01:18:22,479
Speaker 1: if you had a blue passport, you you wouldn't have

1450
01:18:22,479 --> 01:18:25,360
Speaker 1: to pay for a drink anywhere. Everybody was anxious to

1451
01:18:25,400 --> 01:18:29,559
Speaker 1: meet you, and everybody was so interested in the West

1452
01:18:29,600 --> 01:18:33,720
Speaker 1: and wanted so badly to be part of, you know,

1453
01:18:33,800 --> 01:18:38,719
Speaker 1: the democracy and you know, the sort of capitalistic plenty

1454
01:18:38,760 --> 01:18:41,400
Speaker 1: that they'd been told about, and they had all listened

1455
01:18:41,439 --> 01:18:45,919
Speaker 1: to Voa and then over the course of the nineties,

1456
01:18:46,040 --> 01:18:52,320
Speaker 1: especially when shock therapy was imposed in Russia, there was

1457
01:18:52,400 --> 01:18:56,840
Speaker 1: this steady disenchantment with with what the West was up

1458
01:18:56,880 --> 01:18:59,920
Speaker 1: to in that part of the world. And I think,

1459
01:19:00,880 --> 01:19:04,200
Speaker 1: you know what Putin was really his popularity grew out

1460
01:19:04,240 --> 01:19:06,400
Speaker 1: of the fact that he was the first Russian politician

1461
01:19:06,479 --> 01:19:09,599
Speaker 1: of that era to stand up to the West. Now

1462
01:19:09,600 --> 01:19:13,080
Speaker 1: I'm not excusing that. I'm just saying that's that's part

1463
01:19:13,120 --> 01:19:17,880
Speaker 1: of the explanation for his popularity as opposed to Yelsen. Well,

1464
01:19:17,960 --> 01:19:21,519
Speaker 1: it's interesting what you just said there, because you said

1465
01:19:21,520 --> 01:19:24,960
Speaker 1: there was an enthusiasm for like the capitalistic plenty, that's

1466
01:19:25,000 --> 01:19:27,720
Speaker 1: what we were sold, like the McDonald's in Moscow and

1467
01:19:27,760 --> 01:19:31,000
Speaker 1: the you know, the blue g Coca Cola and all

1468
01:19:31,000 --> 01:19:35,880
Speaker 1: that stuff, but that there was also an enthusiasm for democracy.

1469
01:19:36,960 --> 01:19:41,920
Speaker 1: Didn't get that part so much. What happened? Why was

1470
01:19:41,960 --> 01:19:43,920
Speaker 1: the I mean I basically know the answer, but I

1471
01:19:43,960 --> 01:19:46,400
Speaker 1: want to hear your perspective. Why was the capitalism part?

1472
01:19:46,479 --> 01:19:49,360
Speaker 1: That part was fulfilled, But the other piece, of the

1473
01:19:49,760 --> 01:19:53,080
Speaker 1: openness and the democratic reforms that would give ordinary Russians

1474
01:19:53,120 --> 01:19:55,280
Speaker 1: more of a voice in society right now, how did

1475
01:19:55,280 --> 01:19:58,640
Speaker 1: that fall apart? Well, I think it's actually tied to

1476
01:19:58,680 --> 01:20:03,040
Speaker 1: the economic part. There were there were two really important

1477
01:20:03,040 --> 01:20:06,000
Speaker 1: moments in the nineties. There was the referendum in nineteen

1478
01:20:06,040 --> 01:20:10,800
Speaker 1: ninety three, which a lot of international organizations agreed was

1479
01:20:11,560 --> 01:20:14,000
Speaker 1: fixed in favor of Boris Yelton. It was it was

1480
01:20:14,080 --> 01:20:17,519
Speaker 1: very close to it either way, but he likely actually

1481
01:20:17,560 --> 01:20:22,639
Speaker 1: lost that election. Then there were in between between nineteen

1482
01:20:22,680 --> 01:20:25,320
Speaker 1: ninety three and nineteen ninety six ninety seven, there was

1483
01:20:25,360 --> 01:20:30,800
Speaker 1: a series of privatizations were companies the size of Exxon

1484
01:20:31,000 --> 01:20:36,559
Speaker 1: and Microsoft or they were basically handed to cronies of

1485
01:20:36,640 --> 01:20:41,280
Speaker 1: yeltsin for pennies and the dollar. And this instant oligarch

1486
01:20:41,320 --> 01:20:45,400
Speaker 1: class was created with our help. We heavily advised in

1487
01:20:45,439 --> 01:20:50,000
Speaker 1: the process of designing these these privatizations. There was in

1488
01:20:50,040 --> 01:20:53,519
Speaker 1: particular a series of auctions called the loans for shares

1489
01:20:53,560 --> 01:20:57,040
Speaker 1: auctions that helped create the oligarchs that we hear about

1490
01:20:57,080 --> 01:21:01,040
Speaker 1: so much in the news, and we were instrumental in

1491
01:21:01,080 --> 01:21:04,880
Speaker 1: helping design those processes. And what happened in the wake

1492
01:21:05,120 --> 01:21:09,760
Speaker 1: of those privatizations is that essentially there was a back

1493
01:21:09,840 --> 01:21:12,759
Speaker 1: room deal that these people are going to be handed

1494
01:21:12,800 --> 01:21:17,599
Speaker 1: these companies and gifted enormous wealth in return for bank

1495
01:21:17,720 --> 01:21:20,880
Speaker 1: rolling Boris Yelson's political career and making sure that he

1496
01:21:21,800 --> 01:21:26,720
Speaker 1: prevailed in the nineteen ninety six presidential election. And so

1497
01:21:26,800 --> 01:21:28,840
Speaker 1: a lot of Russians, you know, they saw that there

1498
01:21:28,920 --> 01:21:32,960
Speaker 1: was this instantaneous, massive wealth gap. In a way, Russia

1499
01:21:33,040 --> 01:21:36,840
Speaker 1: was really a preview of what would happen in much

1500
01:21:36,840 --> 01:21:41,040
Speaker 1: of the West later. You know, there was the discontent

1501
01:21:41,120 --> 01:21:44,960
Speaker 1: that we see in America and over Brexit and places

1502
01:21:45,000 --> 01:21:48,400
Speaker 1: like that. This idea of anger about the wealth gap

1503
01:21:48,560 --> 01:21:53,960
Speaker 1: and elites. Russians started early down that road in the

1504
01:21:54,000 --> 01:21:58,040
Speaker 1: mid nineties because of the way that society was designed

1505
01:21:58,439 --> 01:22:01,040
Speaker 1: in the wake of communism. We were so intent on

1506
01:22:01,120 --> 01:22:06,920
Speaker 1: smashing the old model that we I think our advice

1507
01:22:07,479 --> 01:22:12,120
Speaker 1: helped create a kind of warped, almost like a parody

1508
01:22:12,479 --> 01:22:15,720
Speaker 1: style of American capitalism. See. I think this is very

1509
01:22:15,760 --> 01:22:17,880
Speaker 1: important because a lot of people just don't really know

1510
01:22:17,920 --> 01:22:20,040
Speaker 1: that much about Russia. They don't really understand how a

1511
01:22:20,080 --> 01:22:22,960
Speaker 1: guy like Putin is even popular in the first place,

1512
01:22:23,040 --> 01:22:26,600
Speaker 1: and how his worldview, which look at the extreme the

1513
01:22:26,640 --> 01:22:29,880
Speaker 1: paranoia and the restrustration of the Russian Empire, is rooted

1514
01:22:29,920 --> 01:22:32,920
Speaker 1: in a popular sentiment within Russia, which is, we got

1515
01:22:33,000 --> 01:22:36,599
Speaker 1: screwed by this whole deal, and that is what gives

1516
01:22:36,760 --> 01:22:40,000
Speaker 1: him the power in order to enact perhaps his most

1517
01:22:40,240 --> 01:22:45,120
Speaker 1: outlandish efforts within the country. I guess from our perspective, Matt,

1518
01:22:45,360 --> 01:22:48,040
Speaker 1: is there anything that the West can do in order

1519
01:22:48,160 --> 01:22:52,240
Speaker 1: to restore good relations with the Russian people. I mean, like,

1520
01:22:52,479 --> 01:22:55,640
Speaker 1: how would we go about that if it were to

1521
01:22:55,720 --> 01:23:00,400
Speaker 1: even exist. Yeah, it's a little late now, I think,

1522
01:23:02,600 --> 01:23:04,640
Speaker 1: which is too bad, because I think there was an

1523
01:23:04,760 --> 01:23:09,160
Speaker 1: enormous opportunity for Russia to at least be a strategic

1524
01:23:09,200 --> 01:23:14,280
Speaker 1: and economic partner, you know, even as late as the

1525
01:23:14,360 --> 01:23:17,439
Speaker 1: late nineties, early two thousands, I think that possibility was

1526
01:23:17,479 --> 01:23:23,320
Speaker 1: still there. People also forget that Putin was originally brought

1527
01:23:23,360 --> 01:23:28,600
Speaker 1: in to the government by Boris Yeltsen, primarily because he

1528
01:23:28,680 --> 01:23:32,679
Speaker 1: had helped secure the flight abroad of his former boss,

1529
01:23:32,720 --> 01:23:36,479
Speaker 1: the mayor of Saint Petersburg, Antolio Subchak, who was one

1530
01:23:36,520 --> 01:23:40,280
Speaker 1: of the most famous early Democrats in Russia. And Yeltsen

1531
01:23:40,560 --> 01:23:45,720
Speaker 1: was impressed by the fact that Putin had helped this

1532
01:23:45,760 --> 01:23:51,559
Speaker 1: guy escape prosecution on corruption charges. And so Putin was

1533
01:23:51,600 --> 01:23:55,960
Speaker 1: really brought in initially to help make sure that Boris

1534
01:23:56,040 --> 01:23:58,880
Speaker 1: Yeltsen would not be pursued on corruption charges because he

1535
01:23:59,000 --> 01:24:03,839
Speaker 1: was facing them at the time when he left office. Now,

1536
01:24:04,120 --> 01:24:06,719
Speaker 1: after he became president is when he sort of turned

1537
01:24:06,720 --> 01:24:10,360
Speaker 1: on the West. But initially he was one of ours,

1538
01:24:10,479 --> 01:24:13,120
Speaker 1: Like he was a person that most of the people,

1539
01:24:13,200 --> 01:24:16,759
Speaker 1: the Western commentators, the Western politicians, the diplomats in town.

1540
01:24:17,120 --> 01:24:19,360
Speaker 1: I mean, I was there during this time. The expats,

1541
01:24:19,840 --> 01:24:22,479
Speaker 1: they all were saying things like, well, yeah, he was

1542
01:24:22,520 --> 01:24:25,120
Speaker 1: in the KGB, but by the seventies the KGB wasn't

1543
01:24:25,120 --> 01:24:28,520
Speaker 1: so bad. You know. That was kind of the attitude.

1544
01:24:31,560 --> 01:24:35,280
Speaker 1: And then suddenly, you know, obviously there was a big

1545
01:24:35,320 --> 01:24:38,759
Speaker 1: c change about that a few years after he assumed

1546
01:24:38,760 --> 01:24:41,479
Speaker 1: the presidency, but not initially. I mean, there was like

1547
01:24:41,479 --> 01:24:44,160
Speaker 1: a three or four year period there where Putin was

1548
01:24:44,200 --> 01:24:47,959
Speaker 1: considered a good guy by much of the American population

1549
01:24:48,080 --> 01:24:50,240
Speaker 1: in town, or at least a significant portion of it.

1550
01:24:51,960 --> 01:24:54,360
Speaker 1: I want to get your reaction to this poll that

1551
01:24:54,400 --> 01:24:57,839
Speaker 1: I saw floating arounds from Yugov and they asked the question,

1552
01:24:58,560 --> 01:25:03,400
Speaker 1: which do you think best described Russia? For said communists,

1553
01:25:03,720 --> 01:25:08,680
Speaker 1: thirteen percent said socialist, eleven percent said capitalists, and seventeen

1554
01:25:08,760 --> 01:25:11,240
Speaker 1: percent said something else. What do you make of that?

1555
01:25:11,320 --> 01:25:16,160
Speaker 1: Met that was basically when I made him it too.

1556
01:25:16,240 --> 01:25:20,519
Speaker 1: That's so depressing. This is like the whole Remember that

1557
01:25:20,600 --> 01:25:25,559
Speaker 1: Donna Brazil tweet she was Donna Brazil, she was where

1558
01:25:25,600 --> 01:25:28,080
Speaker 1: she She tweeted something about how the communists are still

1559
01:25:28,120 --> 01:25:30,880
Speaker 1: dictating the terms of the debate. This is during during

1560
01:25:30,920 --> 01:25:34,880
Speaker 1: the Russia Gate mess. Oh my god, yeah, no, there's

1561
01:25:34,920 --> 01:25:40,520
Speaker 1: there's there's tremendous Uh. It's almost like this archaic hangover

1562
01:25:40,680 --> 01:25:44,080
Speaker 1: from the Cold War era, and people have a really

1563
01:25:44,080 --> 01:25:48,040
Speaker 1: difficult time grappling with the idea that Russia and the

1564
01:25:48,080 --> 01:25:53,080
Speaker 1: Soviet Union are different countries and that the people there

1565
01:25:53,160 --> 01:25:55,559
Speaker 1: are you know, that there hasn't been communism in Russia

1566
01:25:55,600 --> 01:26:00,200
Speaker 1: in a long time. And Putin, although he has some

1567
01:26:00,320 --> 01:26:04,400
Speaker 1: nostalgia for the Soviet Union, he's not communists in any

1568
01:26:04,400 --> 01:26:07,760
Speaker 1: way that would doesn't want to be. He doesn't want

1569
01:26:07,760 --> 01:26:11,080
Speaker 1: to become power on the Soviet Union and the world

1570
01:26:11,160 --> 01:26:15,480
Speaker 1: prestige and the sort of imperial nature of it exactly exactly,

1571
01:26:15,960 --> 01:26:19,520
Speaker 1: but but certainly not the any of the economic aspects

1572
01:26:19,560 --> 01:26:23,440
Speaker 1: of it are not attractive to him. He's he's a nationalist,

1573
01:26:23,439 --> 01:26:27,360
Speaker 1: He's a he's sort of a classic Pinichette style, you know,

1574
01:26:27,479 --> 01:26:29,920
Speaker 1: sort of nationalists strong man is what he is. But

1575
01:26:30,320 --> 01:26:34,120
Speaker 1: the communists no, and it's it's it's kind of amazing

1576
01:26:34,160 --> 01:26:37,280
Speaker 1: that the people that that percentage of American is still

1577
01:26:37,280 --> 01:26:39,960
Speaker 1: link that way, but I guess they do, you know

1578
01:26:40,479 --> 01:26:44,559
Speaker 1: us then the example of what happened in Russia and

1579
01:26:44,600 --> 01:26:48,120
Speaker 1: then bring bring it to our example here at home.

1580
01:26:48,280 --> 01:26:52,880
Speaker 1: We have calls now by popular figures politicians to jail

1581
01:26:53,360 --> 01:26:58,320
Speaker 1: or call treason political opponents, any questioning of the official narrative,

1582
01:26:58,520 --> 01:27:03,639
Speaker 1: a total crackdown on state media on channels, which look,

1583
01:27:03,840 --> 01:27:06,720
Speaker 1: I mean I personally, we find it useful personally to

1584
01:27:07,000 --> 01:27:09,800
Speaker 1: find as a newscaster to say, hey, this is what

1585
01:27:09,840 --> 01:27:11,280
Speaker 1: they're saying, this is what we're thinking, this is the

1586
01:27:11,360 --> 01:27:14,519
Speaker 1: Russian process propaganda, Like just so you're aware, but this

1587
01:27:14,680 --> 01:27:16,680
Speaker 1: is what they think, and that could help you then

1588
01:27:16,760 --> 01:27:20,720
Speaker 1: calibrate when you see all of this happening in the

1589
01:27:20,760 --> 01:27:23,400
Speaker 1: context of your experience in Russia and watching the crackdown

1590
01:27:23,640 --> 01:27:26,519
Speaker 1: and all of that happen, are you afraid, Like, what

1591
01:27:27,439 --> 01:27:31,439
Speaker 1: do you think the consequences of this could be. I'm

1592
01:27:31,520 --> 01:27:34,720
Speaker 1: very afraid. I'm very made very nervous by it. I

1593
01:27:34,880 --> 01:27:39,760
Speaker 1: was again, I was in Russia when the Putin really

1594
01:27:39,800 --> 01:27:43,800
Speaker 1: accelerated the crackdown against the media. It actually started much

1595
01:27:43,840 --> 01:27:48,040
Speaker 1: earlier under Yeltsin. You know, as early as nineteen ninety

1596
01:27:48,040 --> 01:27:52,759
Speaker 1: four there were important investigative reporters in Russia being killed

1597
01:27:52,760 --> 01:27:55,600
Speaker 1: by like exploding briefcases and things like that. There was

1598
01:27:55,640 --> 01:28:00,360
Speaker 1: a guy named Dimoholadolf who was killed. But then in

1599
01:28:00,439 --> 01:28:04,280
Speaker 1: nineteen ye nineteen ninety, when Putin came on the scene,

1600
01:28:05,600 --> 01:28:07,240
Speaker 1: you know, there were friends of mine who worked at

1601
01:28:07,400 --> 01:28:12,760
Speaker 1: places like nove Gaziata who were beaten and then eventually

1602
01:28:13,200 --> 01:28:16,519
Speaker 1: a couple of them were even killed for looking into

1603
01:28:16,560 --> 01:28:21,240
Speaker 1: things like the apartment bombing scandal. And at the time,

1604
01:28:22,040 --> 01:28:24,479
Speaker 1: you know, there were there was a small minority of

1605
01:28:24,560 --> 01:28:27,240
Speaker 1: us who were saying, this is good, this is a

1606
01:28:27,320 --> 01:28:32,280
Speaker 1: really bad indicator of what this this regime is going

1607
01:28:32,280 --> 01:28:35,000
Speaker 1: to be. Like he's already beating and cracking down on

1608
01:28:35,720 --> 01:28:39,519
Speaker 1: the media, these closing up companies like Media Most, which

1609
01:28:39,600 --> 01:28:43,959
Speaker 1: was owned Enteve, which was the last sort of independent

1610
01:28:44,000 --> 01:28:48,960
Speaker 1: news TV station in Russia at the time. Now he's

1611
01:28:49,000 --> 01:28:53,759
Speaker 1: gone full, full bore into this much more extreme version

1612
01:28:54,000 --> 01:28:57,360
Speaker 1: of controlling everything or trying to control everything, you know,

1613
01:28:57,439 --> 01:29:00,240
Speaker 1: outlawing the use of the word war for instance, to

1614
01:29:00,320 --> 01:29:04,559
Speaker 1: describe what's going on in Ukraine. And you know, I

1615
01:29:04,560 --> 01:29:08,280
Speaker 1: would think, looking at this as an American, that this

1616
01:29:08,400 --> 01:29:11,800
Speaker 1: would be a way for us to sort of re

1617
01:29:12,840 --> 01:29:15,240
Speaker 1: evaluate our own values and say, wow, this is what

1618
01:29:15,280 --> 01:29:18,000
Speaker 1: we don't want to be, right, Like we don't want

1619
01:29:18,000 --> 01:29:20,719
Speaker 1: to be Vladimir Putin, who's so desperate to control every

1620
01:29:20,720 --> 01:29:24,680
Speaker 1: piece of information that we're cracking down on everything, and

1621
01:29:24,720 --> 01:29:27,320
Speaker 1: that's that's kind of what we're not seeing. I think

1622
01:29:27,360 --> 01:29:32,360
Speaker 1: what we're seeing instead is this desperation to use every

1623
01:29:32,400 --> 01:29:37,240
Speaker 1: tool imaginable to make sure that you know that not

1624
01:29:37,280 --> 01:29:39,679
Speaker 1: only that the Russian point of view, that Russian state

1625
01:29:39,720 --> 01:29:43,880
Speaker 1: media is not seen, but that individuals may not even

1626
01:29:43,960 --> 01:29:49,519
Speaker 1: express or even relay what the Russians are saying about

1627
01:29:49,560 --> 01:29:52,919
Speaker 1: a certain thing. And it's amazing to me that Americans

1628
01:29:52,960 --> 01:29:57,440
Speaker 1: don't even see the logical connection between something like outlawing

1629
01:29:58,040 --> 01:30:02,439
Speaker 1: BBC and VOA and Russia and taking our tea off

1630
01:30:02,479 --> 01:30:06,400
Speaker 1: the air in America and Europe, like they don't see

1631
01:30:06,400 --> 01:30:09,439
Speaker 1: a connection between that at all. Just amazing to me.

1632
01:30:10,439 --> 01:30:12,639
Speaker 1: Thanks so much for watching, guys. We really appreciate it.

1633
01:30:13,000 --> 01:30:14,800
Speaker 1: You know, you guys are the ones who are supporting us.

1634
01:30:14,800 --> 01:30:16,679
Speaker 1: It's a perilous time, Crystal and I have been talking.

1635
01:30:16,720 --> 01:30:18,880
Speaker 1: We've never been more afraid of getting taken off of

1636
01:30:18,920 --> 01:30:21,800
Speaker 1: YouTube for something that we didn't even do, you know,

1637
01:30:22,240 --> 01:30:24,000
Speaker 1: or for trying to present the news in the most

1638
01:30:24,000 --> 01:30:26,880
Speaker 1: objective manner, especially at a time when we are trying

1639
01:30:26,880 --> 01:30:29,439
Speaker 1: to build up as many resources as possible, all these

1640
01:30:29,479 --> 01:30:32,200
Speaker 1: partnerships and expansion for the midterms, to give you the

1641
01:30:32,200 --> 01:30:36,000
Speaker 1: best news possible. So it's terrifying landscape out here, you

1642
01:30:36,040 --> 01:30:37,960
Speaker 1: guys are the ones who enable it, and we really

1643
01:30:37,960 --> 01:30:40,240
Speaker 1: appreciate it. So thank you, Love you guys, thank you

1644
01:30:40,280 --> 01:30:41,439
Speaker 1: so much. We'll see you again soon.