1 00:00:00,640 --> 00:00:04,160 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,360 --> 00:00:07,120 Speaker 1: where we discussed the top political headlines with some of 3 00:00:07,160 --> 00:00:13,080 Speaker 1: today's best minds and Democrat Analyzia Majia has won the 4 00:00:13,160 --> 00:00:19,000 Speaker 1: special election in New Jersey's eleventh district to replace Mikey Cheryl. 5 00:00:19,320 --> 00:00:21,400 Speaker 1: We have such a great show for you to die 6 00:00:21,600 --> 00:00:26,040 Speaker 1: that Jim Acosta shows. Jim Acosta stops by to talk 7 00:00:26,079 --> 00:00:30,800 Speaker 1: about Trump's market manipulation. Then we'll talk to actor director 8 00:00:30,880 --> 00:00:35,320 Speaker 1: Ben McKenzie about his new documentary on crypto Everyone is 9 00:00:35,400 --> 00:00:37,640 Speaker 1: lying to you for money. But first the news. 10 00:00:37,880 --> 00:00:41,280 Speaker 2: Somali, the Supreme Court has just ruled in favor of 11 00:00:41,280 --> 00:00:44,040 Speaker 2: oil companies. Many people are saying it's the most predictable 12 00:00:44,080 --> 00:00:45,560 Speaker 2: rule in the history of that kind. 13 00:00:45,960 --> 00:00:51,840 Speaker 1: I mean, I just am very impressed with their consistency. 14 00:00:52,159 --> 00:00:57,120 Speaker 1: It's like you didn't even really need to guess that 15 00:00:57,200 --> 00:00:59,600 Speaker 1: they were going to do that, Like you just knew 16 00:00:59,680 --> 00:01:03,280 Speaker 1: that was coming, right. It's like, who, I mean, I guess, 17 00:01:03,480 --> 00:01:06,760 Speaker 1: I guess it makes sense that they would find for 18 00:01:06,800 --> 00:01:10,080 Speaker 1: the oil companies because this Supreme Court is filled with 19 00:01:10,200 --> 00:01:13,880 Speaker 1: partisan hacks. But they do like Louisiana because it is 20 00:01:13,920 --> 00:01:16,160 Speaker 1: a red state. So that was the only reason why 21 00:01:16,200 --> 00:01:18,679 Speaker 1: I thought they might, but in fact they are just 22 00:01:18,800 --> 00:01:23,880 Speaker 1: partisan hacks, and so very unsurprisingly, there we are. 23 00:01:24,319 --> 00:01:27,959 Speaker 2: Yeah, okay, So one of the laws of Trumpism is 24 00:01:28,000 --> 00:01:30,720 Speaker 2: that there's always a tweet that will contradict what he's 25 00:01:30,760 --> 00:01:34,520 Speaker 2: presently saying. And so now as he's considering giving twenty 26 00:01:34,560 --> 00:01:40,280 Speaker 2: billion dollars to the Iranians for uranium, Iranian for uranium, 27 00:01:40,319 --> 00:01:44,839 Speaker 2: real tongue paster, we're dowlerting with this crypt was all about. 28 00:01:45,360 --> 00:01:48,200 Speaker 1: No, I think he just got over his skis and 29 00:01:48,320 --> 00:01:50,720 Speaker 1: is now trying to pay them off like a angry 30 00:01:50,800 --> 00:01:52,920 Speaker 1: ex wife. I mean, I don't know that this was 31 00:01:52,960 --> 00:01:55,800 Speaker 1: ever him playing three dimensional chess. I think he's just 32 00:01:55,840 --> 00:01:57,520 Speaker 1: trying desperately to get out of this world. 33 00:01:57,600 --> 00:01:59,000 Speaker 3: That's not what I was implying. 34 00:01:59,080 --> 00:02:01,800 Speaker 2: I was implying that when we were wondering with some 35 00:02:01,840 --> 00:02:04,720 Speaker 2: of the motivations to rush in like fools here, I 36 00:02:04,760 --> 00:02:07,000 Speaker 2: think we're starting to see it's the uranium, That's what 37 00:02:07,080 --> 00:02:07,840 Speaker 2: I'm trying to infer. 38 00:02:08,240 --> 00:02:10,799 Speaker 1: Yeah, I don't know. I don't agree. I think it's 39 00:02:10,919 --> 00:02:14,480 Speaker 1: probably just that he thought he could do lots of 40 00:02:14,480 --> 00:02:17,520 Speaker 1: stuff at once and got very excited about it and 41 00:02:17,600 --> 00:02:20,080 Speaker 1: it didn't work. That's my guess, but I could be wrong. 42 00:02:20,919 --> 00:02:24,239 Speaker 2: Yeah, well, I'm sure it'll play out in the deep 43 00:02:24,360 --> 00:02:26,679 Speaker 2: investigative reporting over the next few months. 44 00:02:26,919 --> 00:02:30,080 Speaker 1: Yeah, I mean, this is all gonna but the reality is, Look, 45 00:02:30,200 --> 00:02:34,040 Speaker 1: Donald Trump is in a nightmare scenario for him. He 46 00:02:34,160 --> 00:02:37,360 Speaker 1: started a war he cannot end. We got all of 47 00:02:37,400 --> 00:02:41,800 Speaker 1: these troops over there waiting around. You've got the Iranians 48 00:02:41,840 --> 00:02:45,480 Speaker 1: blocking the straits. Now Trump blocked the straits. Now Trump 49 00:02:45,520 --> 00:02:48,360 Speaker 1: is saying the straits are open. It's a Friday and 50 00:02:48,400 --> 00:02:50,880 Speaker 1: the markets are open. Do you think the traits are 51 00:02:50,880 --> 00:02:53,160 Speaker 1: going to be open all weekend? I do not. I 52 00:02:53,200 --> 00:02:58,840 Speaker 1: think this is maybe market manipulation, maybe just like wish casting. Look, Dodd, 53 00:02:58,880 --> 00:03:02,400 Speaker 1: Trump has gotten really are on just lying to people 54 00:03:02,520 --> 00:03:05,280 Speaker 1: and having it work out for him. And there's a 55 00:03:05,320 --> 00:03:08,440 Speaker 1: lot of evidence to support this supposition that that's what's 56 00:03:08,440 --> 00:03:11,720 Speaker 1: going on here. Just more and more of that. So 57 00:03:12,160 --> 00:03:15,079 Speaker 1: I think there's a real chance that I mean, maybe 58 00:03:15,120 --> 00:03:17,120 Speaker 1: they have a deal, but maybe they don't. I mean, 59 00:03:17,120 --> 00:03:19,800 Speaker 1: maybe none of this is true, right, Like why would 60 00:03:19,800 --> 00:03:21,840 Speaker 1: it be. I mean, I think there's a real chance 61 00:03:21,880 --> 00:03:24,320 Speaker 1: at all this is bullshit and that this just might 62 00:03:24,440 --> 00:03:27,760 Speaker 1: keep going. So you have to just assume that there's 63 00:03:27,800 --> 00:03:31,239 Speaker 1: a non zero thirty percent chance at all this is 64 00:03:31,320 --> 00:03:34,000 Speaker 1: just made up. And you know, because we've seen this before, 65 00:03:34,080 --> 00:03:37,520 Speaker 1: Donald Trump, will you know, get peace or this will 66 00:03:37,560 --> 00:03:41,240 Speaker 1: happen and it'll be bullshit. So I would not give 67 00:03:41,280 --> 00:03:42,600 Speaker 1: him the benefit of the down here. 68 00:03:43,040 --> 00:03:43,360 Speaker 4: Nope. 69 00:03:43,800 --> 00:03:46,440 Speaker 2: So Mike Johnson one of the worst people at their 70 00:03:46,520 --> 00:03:48,240 Speaker 2: jobs I've personally edit or witnessed. 71 00:03:48,600 --> 00:03:50,880 Speaker 1: You got to respect it, though, Oh yeah. 72 00:03:50,800 --> 00:03:53,640 Speaker 2: I mean, I mean, you know, I love a lack 73 00:03:53,680 --> 00:03:57,120 Speaker 2: of craftsmanship, lack of dedication. 74 00:03:56,720 --> 00:03:59,920 Speaker 3: To getting good better at your job. Yeah, piz Overnew. 75 00:04:00,080 --> 00:04:03,440 Speaker 2: Well, I feel like with a Republican majority like this 76 00:04:03,680 --> 00:04:07,240 Speaker 2: and some of our let's call it centrist stems, this 77 00:04:07,320 --> 00:04:09,240 Speaker 2: should be a real way up to get it passed. 78 00:04:09,400 --> 00:04:12,040 Speaker 3: And yet Mike Johnson has found a way to do it. 79 00:04:12,240 --> 00:04:14,320 Speaker 1: Yeah. I know you're going to be surprised to hear this, 80 00:04:14,440 --> 00:04:19,240 Speaker 1: but a backbencher who has no cred no relationships, and 81 00:04:19,320 --> 00:04:22,119 Speaker 1: no ability to get people to trust him is having 82 00:04:22,160 --> 00:04:24,880 Speaker 1: some trouble passing some bills. Look, you should have seen 83 00:04:24,920 --> 00:04:27,800 Speaker 1: this coming. Discharge petitions are not supposed to be the 84 00:04:27,800 --> 00:04:31,240 Speaker 1: way we make laws. Discharge petitions are supposed to be 85 00:04:31,279 --> 00:04:34,160 Speaker 1: sort of a last ditch effort. Nancy PELUSI never had 86 00:04:34,200 --> 00:04:37,640 Speaker 1: a discharge petition gets through past her. That's when the 87 00:04:37,680 --> 00:04:39,840 Speaker 1: party that's not in power gets to bring things to 88 00:04:39,839 --> 00:04:42,920 Speaker 1: the floor. And believe it or not, we've had numerous 89 00:04:42,960 --> 00:04:46,760 Speaker 1: discharge petitions. That's because Mike Johnson is not in control. 90 00:04:47,040 --> 00:04:50,320 Speaker 1: And what we have right now is a Congress that 91 00:04:50,640 --> 00:04:54,560 Speaker 1: is basically being run by you know whoever's sort of 92 00:04:54,680 --> 00:04:57,560 Speaker 1: in the mood at the moment, and that means that 93 00:04:57,880 --> 00:05:00,000 Speaker 1: Mike Johnson can't gets have passed. So here we are 94 00:05:00,040 --> 00:05:05,120 Speaker 1: are this is this fies a renewal situation. Fis as 95 00:05:05,440 --> 00:05:08,520 Speaker 1: we all know, is the government spying on us, something 96 00:05:08,560 --> 00:05:13,040 Speaker 1: that is both not that popular with the far right 97 00:05:13,400 --> 00:05:16,160 Speaker 1: and quite a lot on the on the left too. 98 00:05:16,760 --> 00:05:20,719 Speaker 1: And so this is a really good moment for a 99 00:05:20,760 --> 00:05:25,520 Speaker 1: coalition that includes Thomas Massy and the Freedom Caucus and 100 00:05:26,000 --> 00:05:29,839 Speaker 1: pretty much everyone who is a normal Democrat. That said, 101 00:05:29,880 --> 00:05:34,440 Speaker 1: there are certainly centrist Democrats who love a war powers 102 00:05:34,040 --> 00:05:37,320 Speaker 1: and that crew should be enough for Mike Johnson to 103 00:05:37,360 --> 00:05:38,720 Speaker 1: get the past the finish line. 104 00:05:38,720 --> 00:05:39,599 Speaker 4: But he can't. 105 00:05:39,640 --> 00:05:43,359 Speaker 1: So they did another two week renewal. Look, this situation 106 00:05:43,720 --> 00:05:47,679 Speaker 1: is untenable for Mike Johnson and we're coming into a midterm, 107 00:05:47,720 --> 00:05:51,080 Speaker 1: but we have a summer of fuckery. And I'm going 108 00:05:51,120 --> 00:05:52,880 Speaker 1: to say saying which is going to make people mad 109 00:05:52,880 --> 00:05:56,200 Speaker 1: at me, because that's what I do. Here. If Democratic 110 00:05:56,279 --> 00:05:58,520 Speaker 1: leadership could get their shit together, they could flip the 111 00:05:58,560 --> 00:06:01,159 Speaker 1: House right now. Like they could go to Thomas Massey 112 00:06:01,240 --> 00:06:03,880 Speaker 1: and be like, you want five million dollars for your reelect, 113 00:06:04,000 --> 00:06:07,200 Speaker 1: here's five million dollars for your reelect. I mean, like, Hakeem, 114 00:06:07,440 --> 00:06:10,680 Speaker 1: if you're listening to this, I know there are two 115 00:06:10,760 --> 00:06:13,600 Speaker 1: or three Republicans you could flip right now. You go 116 00:06:13,680 --> 00:06:15,960 Speaker 1: to them and you offer them money, and you set 117 00:06:16,000 --> 00:06:19,039 Speaker 1: this up because there is no reason that Republicans should 118 00:06:19,040 --> 00:06:21,960 Speaker 1: control the House right now. Donald Trump is pulling I 119 00:06:22,000 --> 00:06:24,120 Speaker 1: saw polls in the low thirties today. I don't know 120 00:06:24,160 --> 00:06:26,920 Speaker 1: if they're right, but like that's crazy numbers. Like you 121 00:06:26,960 --> 00:06:29,560 Speaker 1: go to those Republicans, you go to that Thomas Massy, 122 00:06:29,640 --> 00:06:32,719 Speaker 1: you say, become an independent caucus with us, and we 123 00:06:32,760 --> 00:06:36,480 Speaker 1: will support your reelect. There is no reason that this 124 00:06:36,600 --> 00:06:38,400 Speaker 1: should be a Republican house right now. 125 00:06:38,720 --> 00:06:41,200 Speaker 2: Well, I did see that the five said that you 126 00:06:41,279 --> 00:06:43,560 Speaker 2: can't judge him by his approval rating because he's not 127 00:06:43,600 --> 00:06:46,320 Speaker 2: really a president. He was a reality TV show start, 128 00:06:46,440 --> 00:06:48,120 Speaker 2: so she'd he should have exception to that. 129 00:06:48,279 --> 00:06:49,680 Speaker 1: Wait, who said that one. 130 00:06:49,520 --> 00:06:51,440 Speaker 3: Of the hosts of the Five. I believe it was Gutfeld. 131 00:06:51,880 --> 00:06:56,040 Speaker 1: Oh, Gutfeld. I love gut Felt. Give me some Gutfeld. Greg. 132 00:06:56,080 --> 00:07:00,320 Speaker 1: I'm happy to see you die on this Hell happy 133 00:07:00,360 --> 00:07:00,800 Speaker 1: to see it. 134 00:07:00,880 --> 00:07:01,240 Speaker 4: Greg. 135 00:07:01,640 --> 00:07:05,080 Speaker 2: So speaking of people who, man, you know, would you 136 00:07:05,160 --> 00:07:07,920 Speaker 2: hear reports of somebody going to the hospital from Stephen 137 00:07:07,960 --> 00:07:09,160 Speaker 2: Miller yelling at them? 138 00:07:09,400 --> 00:07:12,240 Speaker 3: Are you shocked to hear that they quit their job? 139 00:07:13,160 --> 00:07:17,240 Speaker 1: Oh? Yeah, this is my favorite. So it turns out 140 00:07:17,480 --> 00:07:20,679 Speaker 1: this is not a very fun place to work, even 141 00:07:20,720 --> 00:07:21,480 Speaker 1: a little. 142 00:07:21,960 --> 00:07:24,040 Speaker 3: Wait, ice isn't a fun place to work. 143 00:07:24,200 --> 00:07:28,360 Speaker 1: Yeah. As much as like this crew loves doing crimes 144 00:07:28,560 --> 00:07:32,640 Speaker 1: and loves, you know, hurting American people, they also hurt 145 00:07:32,640 --> 00:07:36,800 Speaker 1: each other. That's because her people hurt people, Jessey, that's. 146 00:07:36,640 --> 00:07:39,400 Speaker 2: True, and todd Lyons and Stephen Miller are hurt. And 147 00:07:39,560 --> 00:07:41,680 Speaker 2: that's that's why todd Lyons is out. 148 00:07:42,080 --> 00:07:44,360 Speaker 1: They even heard todd lions. People don't want to work 149 00:07:44,400 --> 00:07:47,120 Speaker 1: in this administration because it's not a good place to 150 00:07:47,160 --> 00:07:50,000 Speaker 1: work and they're very abusive. And you know this is true. 151 00:07:50,240 --> 00:07:53,480 Speaker 1: So now he's leaving and quite frankly good, like these 152 00:07:53,520 --> 00:07:56,320 Speaker 1: people are doing bad things and they should leave. 153 00:07:56,920 --> 00:08:00,320 Speaker 2: So one of the things we've seen is a lot 154 00:08:00,320 --> 00:08:02,920 Speaker 2: of wins for Mayor Zor on Mom Donnie this week, 155 00:08:03,120 --> 00:08:05,960 Speaker 2: and one of those big, big wins for both him 156 00:08:05,960 --> 00:08:09,560 Speaker 2: and Kathy Okle is that the Trump administration, after losing 157 00:08:09,560 --> 00:08:12,800 Speaker 2: in court, has finally agreed to end the funding freeze 158 00:08:12,840 --> 00:08:14,680 Speaker 2: for the Second Avenue subway, which is a little bit 159 00:08:14,680 --> 00:08:16,000 Speaker 2: of a blow to Russ vote. 160 00:08:16,000 --> 00:08:18,400 Speaker 3: Who was going to you know, cross out this type 161 00:08:18,440 --> 00:08:18,920 Speaker 3: of funding. 162 00:08:19,280 --> 00:08:22,560 Speaker 1: Yeah, I mean the Russ vote. You know this. We're 163 00:08:22,600 --> 00:08:25,520 Speaker 1: looking at the numbers right now in this administration is 164 00:08:25,560 --> 00:08:29,800 Speaker 1: spending more on defense than on social services. Did you 165 00:08:29,840 --> 00:08:33,840 Speaker 1: see that article like theytare, Yeah, there's some I mean, 166 00:08:34,440 --> 00:08:37,200 Speaker 1: it's a graph like you can't fucking believe. I looked 167 00:08:37,200 --> 00:08:39,760 Speaker 1: at it. I was like, huh, So this was never 168 00:08:39,800 --> 00:08:43,520 Speaker 1: about cutting spending. This was always about cutting services to 169 00:08:43,720 --> 00:08:49,360 Speaker 1: people that this administration deemed to be bad or not 170 00:08:49,600 --> 00:08:53,080 Speaker 1: worthy or I mean, this is where we are. So 171 00:08:54,600 --> 00:08:58,080 Speaker 1: I don't think, like, remember a year and a half ago, 172 00:08:58,600 --> 00:09:02,679 Speaker 1: Elon came in and was like I'm going to cut 173 00:09:02,720 --> 00:09:05,920 Speaker 1: the government spending with doge and what they really did 174 00:09:06,080 --> 00:09:09,640 Speaker 1: was they just made the government work less well. And ultimately, 175 00:09:09,679 --> 00:09:11,880 Speaker 1: as you and I know from doing this project twenty 176 00:09:11,920 --> 00:09:15,600 Speaker 1: twenty five, thing it was always about this idea that 177 00:09:16,040 --> 00:09:19,280 Speaker 1: they could go in there and make the government not 178 00:09:19,480 --> 00:09:22,800 Speaker 1: work and make the government fall apart, and that that 179 00:09:22,840 --> 00:09:26,520 Speaker 1: would somehow prove their thesis and make it so that 180 00:09:26,520 --> 00:09:29,400 Speaker 1: people then have to pay taxes, very wealthy people. But 181 00:09:29,480 --> 00:09:31,280 Speaker 1: what they've done, and you and I could have seen 182 00:09:31,280 --> 00:09:34,000 Speaker 1: this coming a mile away. In fact we did was 183 00:09:34,040 --> 00:09:37,200 Speaker 1: what they did was make it so that people who 184 00:09:37,240 --> 00:09:41,640 Speaker 1: are normal people are enraged at this government. And here 185 00:09:41,720 --> 00:09:44,360 Speaker 1: we go. So look, we saw this coming a million 186 00:09:44,360 --> 00:09:47,720 Speaker 1: miles away. It's good that the second the funding is 187 00:09:48,000 --> 00:09:52,400 Speaker 1: unfrozen for the Second Avenue subway. It's good that Mondami 188 00:09:52,559 --> 00:09:56,360 Speaker 1: is trying to do this Piedo tear tax. It's good 189 00:09:56,720 --> 00:10:00,080 Speaker 1: that the tides are turning on all of this. But 190 00:10:00,160 --> 00:10:02,200 Speaker 1: I think a real question that we all have to 191 00:10:02,240 --> 00:10:04,640 Speaker 1: have is is it too late? Because American people are 192 00:10:04,720 --> 00:10:08,000 Speaker 1: really mad, and like you know, where we are. We 193 00:10:08,080 --> 00:10:11,319 Speaker 1: live in a blue cities and blue states with fairly 194 00:10:11,360 --> 00:10:15,120 Speaker 1: affluent people. But I don't know what's happening on the 195 00:10:15,160 --> 00:10:18,680 Speaker 1: farms where people are like losing their farms, and I 196 00:10:18,720 --> 00:10:22,480 Speaker 1: don't know what's happening in the homeland, and I just 197 00:10:22,600 --> 00:10:25,280 Speaker 1: wonder if it's too light like that there may be 198 00:10:25,320 --> 00:10:27,560 Speaker 1: a group of people who are radicalized. And it's so 199 00:10:27,679 --> 00:10:30,400 Speaker 1: interesting because it's like we were so worried in Trump 200 00:10:30,600 --> 00:10:33,760 Speaker 1: one point, oh about like a radicalized alt right. But 201 00:10:33,840 --> 00:10:36,800 Speaker 1: there is a possibility that there's a radicalized group of 202 00:10:36,800 --> 00:10:39,960 Speaker 1: people who are so angry about the way they've been 203 00:10:40,000 --> 00:10:43,520 Speaker 1: treated by this government that it's just we can't even 204 00:10:43,800 --> 00:10:50,719 Speaker 1: quantify it. Jim Acosta is the host of Substacks of 205 00:10:50,720 --> 00:10:52,560 Speaker 1: The Jim Acosta Show and the author of the New 206 00:10:52,640 --> 00:10:55,480 Speaker 1: York Times bestseller The Enemy of the People, A Dangerous 207 00:10:55,520 --> 00:10:58,840 Speaker 1: Time to Tell the Truth in America. Jim Acosta, welcome. 208 00:10:58,559 --> 00:11:02,440 Speaker 4: Welcome, Hello, I'm back. Nice to see you and hear you. 209 00:11:02,440 --> 00:11:04,920 Speaker 1: You have to come back a because I really like you, 210 00:11:05,200 --> 00:11:09,040 Speaker 1: and mostly because I really like you. Oh, it is peace, 211 00:11:09,440 --> 00:11:14,800 Speaker 1: but only during trading hours. The straits of Vermouth open. 212 00:11:15,360 --> 00:11:19,360 Speaker 4: The Strait of Vermouth is open. It's market manipulation Friday, 213 00:11:19,360 --> 00:11:22,160 Speaker 4: but it's really great. Every day is market manipulation day. 214 00:11:22,200 --> 00:11:23,800 Speaker 4: You know, to those who celebrate so. 215 00:11:25,360 --> 00:11:28,040 Speaker 1: And to the rest, none will be given. 216 00:11:27,880 --> 00:11:30,840 Speaker 4: Which is basically Donald Trump and the people on Wall Street. 217 00:11:30,880 --> 00:11:33,240 Speaker 1: Those are the great and the people who work in 218 00:11:33,280 --> 00:11:36,320 Speaker 1: his cabinet who have just seen their wealth grow and 219 00:11:36,360 --> 00:11:37,120 Speaker 1: grow and grow. 220 00:11:37,720 --> 00:11:43,040 Speaker 4: Well, that's from the cryptogrift. That's from the futures market 221 00:11:43,120 --> 00:11:46,120 Speaker 4: or prediction market grift. But anyway, not that I you know, 222 00:11:46,200 --> 00:11:48,480 Speaker 4: I'm just you know, it's just an idea that I 223 00:11:48,520 --> 00:11:49,560 Speaker 4: have that this is going on. 224 00:11:50,160 --> 00:11:53,080 Speaker 1: Yes, I mean, I'm sure that we will find that 225 00:11:53,120 --> 00:11:57,360 Speaker 1: these people have been filling out their financial disclosure forms, yes, 226 00:11:57,400 --> 00:12:01,640 Speaker 1: and really dotting their eyes and crossing their t's known 227 00:12:01,720 --> 00:12:06,560 Speaker 1: for the kind of For example, like Jared Kushner, who 228 00:12:06,640 --> 00:12:10,240 Speaker 1: runs money for the Saudis through his venture fund. I'm 229 00:12:10,240 --> 00:12:13,000 Speaker 1: sure there's no way that he is at all being 230 00:12:13,080 --> 00:12:15,600 Speaker 1: influenced when he comes to Middle East to bring peace 231 00:12:16,080 --> 00:12:17,120 Speaker 1: by the Saudis. 232 00:12:17,360 --> 00:12:19,679 Speaker 4: That's right. Yeah, I'm sure everybody in the administration is 233 00:12:19,720 --> 00:12:24,240 Speaker 4: following the Jared Kushner standard of ethics and accountability. 234 00:12:24,559 --> 00:12:27,240 Speaker 1: I'm not even sure he's a special government employee. I 235 00:12:27,240 --> 00:12:28,600 Speaker 1: think he just does peace. 236 00:12:28,679 --> 00:12:34,079 Speaker 4: They he's a volunteer. Yeah, he's a volunteer, which is like, okay, 237 00:12:34,240 --> 00:12:38,400 Speaker 4: he's volunteering himself to billions of dollars, right. 238 00:12:39,800 --> 00:12:44,520 Speaker 1: So Donald Trump straight remooth. So basically, the night Med 239 00:12:44,600 --> 00:12:48,520 Speaker 1: scenario was that the Iranians would block the straight. So, 240 00:12:48,760 --> 00:12:52,480 Speaker 1: of course, being Trump to point out the Iranians blocked 241 00:12:52,480 --> 00:12:56,080 Speaker 1: the straight, Trump says, I'm gonna block your blocking. 242 00:12:57,120 --> 00:13:00,360 Speaker 4: Yeah, I know, it's like a straight of Verm with 243 00:13:00,440 --> 00:13:04,000 Speaker 4: a twist, you know, with these people. I mean, you know, 244 00:13:04,360 --> 00:13:07,240 Speaker 4: we're just gonna have to strap ourselves in. We're on 245 00:13:07,320 --> 00:13:09,920 Speaker 4: this roller coaster for a while. We've all been worn 246 00:13:10,040 --> 00:13:13,920 Speaker 4: down by Donald Trump's antics. We know exactly what he's doing. 247 00:13:13,960 --> 00:13:16,720 Speaker 4: He's engaging in market manipulation on a daily basis, whether 248 00:13:16,760 --> 00:13:18,640 Speaker 4: it's by going on Fox or putting out a truth 249 00:13:18,760 --> 00:13:21,200 Speaker 4: social post or talking to a reporter who happens to 250 00:13:21,240 --> 00:13:24,000 Speaker 4: call him at you know, Monday morning at seven forty 251 00:13:24,040 --> 00:13:27,800 Speaker 4: five am, you know, before the market's open. It's pretty 252 00:13:27,800 --> 00:13:30,680 Speaker 4: clear what's going on here. And I think the events 253 00:13:30,679 --> 00:13:32,640 Speaker 4: are just going to take care of themselves here. I mean, 254 00:13:32,880 --> 00:13:36,840 Speaker 4: you know, the Iranians still apparently have you know, the 255 00:13:36,920 --> 00:13:40,440 Speaker 4: ability to wreak havoc in the region, and Trump still 256 00:13:40,480 --> 00:13:43,640 Speaker 4: has the ability to post things like I'm going to 257 00:13:43,880 --> 00:13:46,440 Speaker 4: you know, wipe out your civilization and then you know, 258 00:13:46,520 --> 00:13:49,600 Speaker 4: bond their navy and so on. But does any of 259 00:13:49,640 --> 00:13:51,720 Speaker 4: that get us to a resolution? I don't think so, 260 00:13:52,160 --> 00:13:54,360 Speaker 4: you know, and mean, you know, meanwhile, Pete Hegseth is 261 00:13:54,520 --> 00:13:58,000 Speaker 4: you know, reciting pulp fiction at you know, Pentagon prayer sessions. 262 00:13:58,080 --> 00:14:00,120 Speaker 4: So I'm sure everything's going to work out perfectly. 263 00:14:00,559 --> 00:14:05,840 Speaker 1: So there's this video online of Pete hag Seth doing 264 00:14:05,880 --> 00:14:09,520 Speaker 1: a Bible verse that sounds a whole lot like pulp fiction. 265 00:14:09,679 --> 00:14:12,880 Speaker 1: And then it's cut together of him with pulp fiction, 266 00:14:13,000 --> 00:14:15,840 Speaker 1: and it turns out that this is not anywhere in 267 00:14:15,920 --> 00:14:20,000 Speaker 1: any Bible except the Quentin Tarantino Bible for the show 268 00:14:20,080 --> 00:14:20,920 Speaker 1: pulp Fiction. 269 00:14:21,240 --> 00:14:25,320 Speaker 4: Exactly, Yes, it is of the Holy Book. 270 00:14:25,160 --> 00:14:27,400 Speaker 1: Of the Yeah, for the movie pulp Fiction. 271 00:14:27,520 --> 00:14:30,320 Speaker 4: We all know which I can quote. I can go 272 00:14:30,360 --> 00:14:32,040 Speaker 4: all day long. Maybe Jesse and I can do this, 273 00:14:32,200 --> 00:14:35,640 Speaker 4: just go all day long quoting you know, sections of 274 00:14:35,680 --> 00:14:38,080 Speaker 4: pulp fiction. You know, the Royal and Cheese. 275 00:14:38,240 --> 00:14:39,720 Speaker 1: Remember that very good movie. 276 00:14:39,920 --> 00:14:45,280 Speaker 4: It's a great movie. John Travolta, Uma Thurman, uh Emuel L. 277 00:14:45,400 --> 00:14:45,840 Speaker 1: Jackson. 278 00:14:46,040 --> 00:14:49,240 Speaker 4: Samuel Jackson of course stars in that scene that Pete 279 00:14:49,240 --> 00:14:49,640 Speaker 4: hag Seth. 280 00:14:50,040 --> 00:14:53,080 Speaker 1: He's actually the author of the fake Bible. 281 00:14:52,840 --> 00:14:55,600 Speaker 4: Quote, but also if you're such a okay, can I 282 00:14:55,680 --> 00:14:58,360 Speaker 4: just say something for you here that might be slightly 283 00:14:58,400 --> 00:15:03,640 Speaker 4: politically correct, But fashions himself as this bacho banded secretary 284 00:15:03,640 --> 00:15:06,000 Speaker 4: of X body spray that he is. Shouldn't he know 285 00:15:06,080 --> 00:15:09,320 Speaker 4: the lines from pulp fiction? Like if you're this macho. 286 00:15:09,120 --> 00:15:10,920 Speaker 5: Dude, he's like, I've got me here at the Pentagon. 287 00:15:10,920 --> 00:15:13,040 Speaker 5: I'm the secretary of War. Let's go kick some ass 288 00:15:13,080 --> 00:15:15,320 Speaker 5: and bomb the shit out of people. One of the 289 00:15:15,320 --> 00:15:17,960 Speaker 5: prerequisites for being that kind of a badass would be 290 00:15:18,000 --> 00:15:21,440 Speaker 5: knowing pulp fiction by heart, which you know most guys 291 00:15:21,520 --> 00:15:24,480 Speaker 5: who who watch those kinds of movies and believe if 292 00:15:24,480 --> 00:15:27,000 Speaker 5: pulp fiction comes on for like ten minutes on TNT 293 00:15:27,200 --> 00:15:28,880 Speaker 5: or something, I'm gonna pause and watch. 294 00:15:28,960 --> 00:15:31,480 Speaker 4: It's just how I am. It's like Candy Shack or. 295 00:15:31,560 --> 00:15:32,680 Speaker 1: A lot of respect for that. 296 00:15:32,880 --> 00:15:36,560 Speaker 4: Yeah, it's very high brow stuff, very hygro How does 297 00:15:36,600 --> 00:15:38,840 Speaker 4: Peter Xeth not know that? It's just a question. I 298 00:15:38,840 --> 00:15:39,920 Speaker 4: don't know. I'm just putting it out. 299 00:15:40,280 --> 00:15:43,080 Speaker 1: Is a good question. I think this is a good question. Yeah, 300 00:15:43,120 --> 00:15:47,280 Speaker 1: I would say, well, I also, that's right tuckle balls 301 00:15:47,320 --> 00:15:51,800 Speaker 1: and asking questions. I also wonder quite a lot is 302 00:15:52,000 --> 00:15:54,760 Speaker 1: when you have a situation like this where you have 303 00:15:55,240 --> 00:15:59,880 Speaker 1: a speech that is to the Pentagon about the Bible. 304 00:16:01,000 --> 00:16:04,680 Speaker 1: Is he writing that speech? Is someone obviously somebody's writing 305 00:16:04,720 --> 00:16:05,240 Speaker 1: that speech? 306 00:16:06,000 --> 00:16:09,000 Speaker 4: Good question. Yeah, well, and I don't think he's been 307 00:16:09,160 --> 00:16:11,920 Speaker 4: like best served by the Pentagon press team. I mean, 308 00:16:12,440 --> 00:16:14,880 Speaker 4: they get very ornery if you start. I kind of 309 00:16:14,920 --> 00:16:16,480 Speaker 4: went back and forth with them a couple of weeks 310 00:16:16,520 --> 00:16:20,240 Speaker 4: ago about their bullshit, you know, press restrictions, and like 311 00:16:20,320 --> 00:16:22,760 Speaker 4: this week, you know, this week, Pete hag Seth walks 312 00:16:22,760 --> 00:16:25,640 Speaker 4: into the Pentagon briefing and he excoriates the press and 313 00:16:25,680 --> 00:16:28,000 Speaker 4: tells him how they're terrible people. And I think he 314 00:16:28,040 --> 00:16:30,840 Speaker 4: also he said something out of the Bible, that we're 315 00:16:30,880 --> 00:16:32,960 Speaker 4: all bad people. And then he called on the Maga 316 00:16:33,000 --> 00:16:35,240 Speaker 4: Ringers as I call them, yes and yes, you know, 317 00:16:35,400 --> 00:16:37,680 Speaker 4: like real America News and so on. So it's like. 318 00:16:37,640 --> 00:16:41,680 Speaker 1: Mago won two three news, let's get you, where's Jack Pisoviec. 319 00:16:41,720 --> 00:16:42,880 Speaker 1: We need to call on Jack. 320 00:16:42,720 --> 00:16:44,920 Speaker 4: Pizobemauncho, macho man. 321 00:16:45,080 --> 00:16:48,560 Speaker 1: You know, it's like, but yes, go on, But he 322 00:16:48,640 --> 00:16:51,040 Speaker 1: calls on the Maga Ringers and what happens I interested, 323 00:16:51,280 --> 00:16:52,080 Speaker 1: and they ask. 324 00:16:52,200 --> 00:16:54,960 Speaker 4: They asked these sycophantic questions of course, and I you know, 325 00:16:55,120 --> 00:16:58,120 Speaker 4: to me, it's like this is a farce. The rest 326 00:16:58,120 --> 00:17:00,640 Speaker 4: of the world gets this. Like when Trump was posting 327 00:17:00,680 --> 00:17:03,240 Speaker 4: the Jesus stuff this week, the rest of the world, 328 00:17:03,320 --> 00:17:06,520 Speaker 4: the headlines and the major newspapers around the world was 329 00:17:06,880 --> 00:17:08,840 Speaker 4: what the fuck is going on in the United States 330 00:17:08,880 --> 00:17:12,000 Speaker 4: of America. Here in the United States of America, it's like, 331 00:17:12,840 --> 00:17:17,560 Speaker 4: you know, both siding whether he you know, actually believes 332 00:17:17,560 --> 00:17:19,440 Speaker 4: that he was a doctor in this image. You know, 333 00:17:19,480 --> 00:17:23,879 Speaker 4: it's the rest of the world is frankly terrified of 334 00:17:23,920 --> 00:17:28,120 Speaker 4: how completely incapable we are, like, you know, aggressively criticizing 335 00:17:28,119 --> 00:17:30,520 Speaker 4: and covering what is basically a president of the United 336 00:17:30,520 --> 00:17:32,480 Speaker 4: States who is losing his mind in real time. 337 00:17:33,119 --> 00:17:36,800 Speaker 1: Yeah, you know me, oh yes, it is also my 338 00:17:36,920 --> 00:17:38,880 Speaker 1: opinion that he's losing his mind in real time. 339 00:17:39,160 --> 00:17:41,760 Speaker 4: I am the medical opinion here to offer me is 340 00:17:41,800 --> 00:17:45,320 Speaker 4: just my yes, you know, I'm just here offering my take, 341 00:17:45,440 --> 00:17:45,639 Speaker 4: you know. 342 00:17:45,800 --> 00:17:48,320 Speaker 1: And if you watch the UK Parliament, it happens to 343 00:17:48,359 --> 00:17:51,919 Speaker 1: be almost all the British politicians take too that whatever 344 00:17:52,040 --> 00:17:55,040 Speaker 1: is happening on this side of the Atlantic is is 345 00:17:55,080 --> 00:17:59,359 Speaker 1: there quite a direct verbatim quote, but some fucked up 346 00:17:59,359 --> 00:18:01,480 Speaker 1: shit going on with our president. 347 00:18:01,920 --> 00:18:03,719 Speaker 4: And part of this is because in you and I, 348 00:18:03,720 --> 00:18:05,359 Speaker 4: I mean, I've covered the news around the world. I 349 00:18:05,359 --> 00:18:07,760 Speaker 4: know you've covered a lot of stuff in your travels, 350 00:18:08,040 --> 00:18:12,480 Speaker 4: but likes in other countries, like if you go to Canada, 351 00:18:12,600 --> 00:18:14,840 Speaker 4: it's kind of boring, like they're talking about like does 352 00:18:14,880 --> 00:18:17,280 Speaker 4: the traffic signal work? You know, it's this intersection in 353 00:18:17,320 --> 00:18:20,600 Speaker 4: Toronto And I'm joking. I love the people in Canada's 354 00:18:20,680 --> 00:18:21,840 Speaker 4: just just be kidding. 355 00:18:22,280 --> 00:18:26,679 Speaker 1: We may have to move there, so yeah, please understand 356 00:18:26,800 --> 00:18:29,600 Speaker 1: kidding here, But you know, when you have, then then 357 00:18:29,640 --> 00:18:31,200 Speaker 1: they look at what we're doing over here, and. 358 00:18:31,160 --> 00:18:34,240 Speaker 4: We've got cuckoo for cocopast, Grandpa one flew over the 359 00:18:34,240 --> 00:18:37,320 Speaker 4: cuckoo's nest. Why would they not cover this? And they 360 00:18:37,400 --> 00:18:39,800 Speaker 4: just see it clearly, it seems to me. And whether 361 00:18:39,840 --> 00:18:42,760 Speaker 4: it's you know, it's the UK, it's Canada, wherever, like 362 00:18:43,600 --> 00:18:49,160 Speaker 4: this this president is, you know, he's losing it, and 363 00:18:49,320 --> 00:18:52,080 Speaker 4: I just, you know, I just see this not going 364 00:18:52,119 --> 00:18:55,600 Speaker 4: in a good direction. And the fact that we still 365 00:18:55,600 --> 00:18:58,480 Speaker 4: have key institutions of American society sort of playing along, 366 00:18:58,640 --> 00:19:03,720 Speaker 4: like like Wall Street, why is the stock market going 367 00:19:03,760 --> 00:19:06,760 Speaker 4: through the roof with Trump's market manipulations? Does any I 368 00:19:07,280 --> 00:19:09,840 Speaker 4: sort of feel like the big short guy right before 369 00:19:10,119 --> 00:19:12,040 Speaker 4: the financial crisis. 370 00:19:12,200 --> 00:19:15,920 Speaker 1: No, clearly, I mean clearly, there's no there There. 371 00:19:15,840 --> 00:19:17,480 Speaker 4: Isn't this a warning sign that we should be paying 372 00:19:17,520 --> 00:19:17,960 Speaker 4: attention to. 373 00:19:18,560 --> 00:19:20,840 Speaker 1: It is, But the question is you can't tip. The 374 00:19:20,840 --> 00:19:24,960 Speaker 1: problem is you can't time it with market manipulation, unfortunately. 375 00:19:24,600 --> 00:19:27,360 Speaker 4: Unless you're Baron Trump. But anyway, right exact. 376 00:19:27,840 --> 00:19:31,080 Speaker 1: But I think what you're saying is so important and 377 00:19:31,280 --> 00:19:36,720 Speaker 1: so critical, and more importantly it is what's interesting to 378 00:19:36,840 --> 00:19:42,040 Speaker 1: me about this is that you have a situation where 379 00:19:42,720 --> 00:19:48,440 Speaker 1: the mainstream media in America, even like as much as 380 00:19:48,480 --> 00:19:52,000 Speaker 1: we've learned over the years, which is it's been a decade, 381 00:19:52,320 --> 00:19:54,080 Speaker 1: we still have a lot of trouble calling a spade 382 00:19:54,080 --> 00:19:57,480 Speaker 1: a spade, especially when it's the most powerful person in 383 00:19:57,480 --> 00:20:01,199 Speaker 1: the United States and the most powerful president ever. And 384 00:20:01,640 --> 00:20:04,160 Speaker 1: it's funny because I was just reading I've been doing 385 00:20:04,200 --> 00:20:07,159 Speaker 1: a lot of reading about Blacklist because I'm writing this 386 00:20:07,160 --> 00:20:09,280 Speaker 1: book about my grandfather in the Blacklist. I'm reading this 387 00:20:09,320 --> 00:20:11,960 Speaker 1: book by Victor Navaski, who was the editor of the Nation, 388 00:20:12,520 --> 00:20:16,399 Speaker 1: and he's talking about how badly the mainstream media was 389 00:20:16,440 --> 00:20:20,040 Speaker 1: not able to meet the moment during the Blacklist interesting. 390 00:20:20,640 --> 00:20:24,560 Speaker 4: So the parallels are there. That's not completely surprising. I mean, 391 00:20:24,600 --> 00:20:26,920 Speaker 4: I think it's been written over the years that even 392 00:20:27,000 --> 00:20:30,960 Speaker 4: Edward R. Murrow, you know, eventually we're kind of retired 393 00:20:31,000 --> 00:20:34,080 Speaker 4: into becoming an academic, and you know, he had sort 394 00:20:34,080 --> 00:20:38,040 Speaker 4: of played out his hand in mainstream media, and you know, 395 00:20:38,119 --> 00:20:41,280 Speaker 4: he was there with McCarthy going toe to toe back 396 00:20:41,320 --> 00:20:42,280 Speaker 4: in those days. 397 00:20:42,040 --> 00:20:45,840 Speaker 1: And it was the exception to the rule. I think, yeah, 398 00:20:45,840 --> 00:20:46,520 Speaker 1: more than anything. 399 00:20:46,680 --> 00:20:48,720 Speaker 4: Yeah, I know, I know, but I think even in time, 400 00:20:48,760 --> 00:20:50,840 Speaker 4: they were, you know, they were done with him. But 401 00:20:51,359 --> 00:20:53,439 Speaker 4: putting that to the side, noe. We're absolutely in a 402 00:20:53,480 --> 00:20:56,360 Speaker 4: moment right now where and I think it probably exceeds 403 00:20:56,400 --> 00:20:59,280 Speaker 4: I don't know, perhaps you'll find in your research for 404 00:20:59,320 --> 00:21:02,080 Speaker 4: the book that it's doesn't exceed what we're seeing right now, 405 00:21:02,480 --> 00:21:04,439 Speaker 4: or does exceed what we're going through right now. But 406 00:21:04,480 --> 00:21:07,400 Speaker 4: it seems to me like when you have David Ellison, 407 00:21:07,440 --> 00:21:09,960 Speaker 4: who is of course in control of Paramount, they're trying 408 00:21:09,960 --> 00:21:13,200 Speaker 4: to take over WBD and form this media giant. He's 409 00:21:13,240 --> 00:21:16,480 Speaker 4: invited to a Congressionals hearing by Corey Booker. He says, 410 00:21:16,520 --> 00:21:17,840 Speaker 4: I can't make it because I got a death in 411 00:21:17,880 --> 00:21:20,200 Speaker 4: the family, and then he shows up at a movie 412 00:21:20,200 --> 00:21:23,639 Speaker 4: conference in Vegas the next day, and then this coming 413 00:21:23,680 --> 00:21:27,880 Speaker 4: week he's been invited, right that, he's invited a bunch 414 00:21:27,920 --> 00:21:32,240 Speaker 4: of people Donald the other special thing in honor of 415 00:21:32,240 --> 00:21:36,240 Speaker 4: Donald Trump during White House Correspondence dinner week. It's totally nuts, 416 00:21:36,840 --> 00:21:39,800 Speaker 4: and you know, the mainstream press should not be going 417 00:21:39,840 --> 00:21:41,880 Speaker 4: along with this, but of course they've taken over part 418 00:21:41,880 --> 00:21:43,200 Speaker 4: of the mainstream press, and. 419 00:21:43,160 --> 00:21:45,080 Speaker 1: They are the mainstream press. 420 00:21:45,080 --> 00:21:46,520 Speaker 4: They're taking over more of it. 421 00:21:47,200 --> 00:21:51,480 Speaker 1: Yeah, no, I mean it is I do think it's 422 00:21:51,720 --> 00:21:55,280 Speaker 1: just it's a sort of amazing moment. But I just 423 00:21:55,320 --> 00:21:57,439 Speaker 1: want to get back to Donald Trump the straits of 424 00:21:57,440 --> 00:22:01,240 Speaker 1: her moves, just for two seconds more, because so he's 425 00:22:01,320 --> 00:22:05,440 Speaker 1: declared piece. And what you're seeing, though is when you've 426 00:22:05,480 --> 00:22:10,080 Speaker 1: squandered the authority of the of the sort of presidency 427 00:22:10,200 --> 00:22:13,280 Speaker 1: and the bully pulpit. Like what I think is so 428 00:22:13,320 --> 00:22:16,440 Speaker 1: interesting about Trump, but like his approval numbers, these are 429 00:22:16,520 --> 00:22:19,560 Speaker 1: the lowest. I mean, we're in the thirties I've seen, 430 00:22:20,040 --> 00:22:23,439 Speaker 1: you know, just I saw a number again. I can't 431 00:22:23,440 --> 00:22:26,840 Speaker 1: imagine it's right, but low thirties, which I've never seen before. 432 00:22:26,960 --> 00:22:30,040 Speaker 1: But what you're seeing is like he needs part of 433 00:22:30,119 --> 00:22:33,280 Speaker 1: for trump Ism to work. People have to. Lucy has 434 00:22:33,359 --> 00:22:37,320 Speaker 1: to hold the football and you know Linus or Charlie 435 00:22:37,320 --> 00:22:38,760 Speaker 1: Brown has to run for it. 436 00:22:39,119 --> 00:22:40,560 Speaker 4: Charlie Brown, right. 437 00:22:40,480 --> 00:22:44,360 Speaker 1: Charlie Brown. Sorry, I got confused Charlie way too many 438 00:22:44,359 --> 00:22:47,159 Speaker 1: times then, But Lucy has to hold the football and 439 00:22:47,240 --> 00:22:49,320 Speaker 1: Charlie Brown has to run for it. And it doesn't 440 00:22:49,359 --> 00:22:52,200 Speaker 1: work if Charlie Brown doesn't run. And what it seems 441 00:22:52,280 --> 00:22:54,639 Speaker 1: like with Donald Trump's polling is that Charlie Brown is 442 00:22:54,680 --> 00:22:59,440 Speaker 1: starting to be like, maybe that no tax on tips 443 00:22:59,560 --> 00:23:02,159 Speaker 1: isn't gonna make up for the fact that gas is 444 00:23:02,280 --> 00:23:04,800 Speaker 1: now five dollars a. 445 00:23:04,760 --> 00:23:08,679 Speaker 4: Gallon, right exactly, And that door dash grandma might be 446 00:23:08,680 --> 00:23:11,120 Speaker 4: getting the shaft. I mean, that's just all the door 447 00:23:11,160 --> 00:23:13,359 Speaker 4: dash grandma's everywhere getting the shaft. 448 00:23:13,520 --> 00:23:17,919 Speaker 6: The door dash grandma who has also be a person 449 00:23:18,000 --> 00:23:21,040 Speaker 6: that the RNC that the Republicans used to testify on 450 00:23:21,160 --> 00:23:24,600 Speaker 6: other staff probably just a coincidence they couldn't. 451 00:23:24,280 --> 00:23:26,919 Speaker 1: Find a legit door dash granny because I know a 452 00:23:26,960 --> 00:23:29,800 Speaker 1: lot of old people who do have to take second 453 00:23:29,880 --> 00:23:32,320 Speaker 1: jobs to pay for their husband's cancer treat Yeah. 454 00:23:32,440 --> 00:23:34,840 Speaker 4: No, I have a breaking news bulletin. The oligarchs don't 455 00:23:34,840 --> 00:23:38,000 Speaker 4: give a fuck about door dash Grandma. That is the 456 00:23:38,080 --> 00:23:40,320 Speaker 4: long and the short of it. And that's just how 457 00:23:40,320 --> 00:23:43,320 Speaker 4: it is. And I'm sorry, but like you would be 458 00:23:43,680 --> 00:23:47,320 Speaker 4: policies being put forward by these characters, you know, this 459 00:23:47,400 --> 00:23:49,359 Speaker 4: group of characters that we've been dealing with for the 460 00:23:49,440 --> 00:23:53,080 Speaker 4: last what ten years of Donald Trump. They're all about 461 00:23:53,240 --> 00:23:58,080 Speaker 4: grinding down the door dash. Grandma's the people who are 462 00:23:58,080 --> 00:24:01,480 Speaker 4: struggling to make ends meet right now with prices. Donald 463 00:24:01,520 --> 00:24:03,119 Speaker 4: Trump was just out in front of the cameras, I 464 00:24:03,119 --> 00:24:06,000 Speaker 4: think it was on Thursday, and was asked about the 465 00:24:06,080 --> 00:24:09,080 Speaker 4: high price of gas and he lost his shit. And he's, 466 00:24:09,119 --> 00:24:11,040 Speaker 4: first of all, so well, they're not that high, and 467 00:24:11,040 --> 00:24:13,359 Speaker 4: then the reporter goes, oh, it's four dollars a gallon, 468 00:24:13,440 --> 00:24:15,840 Speaker 4: and then he proceeded to go against your go off 469 00:24:15,880 --> 00:24:19,480 Speaker 4: on ABC News. Yeah, and you know that those are 470 00:24:19,520 --> 00:24:21,960 Speaker 4: revealing moments. I wish, you know, the press would show 471 00:24:21,960 --> 00:24:24,840 Speaker 4: these moments more and more because it tells us exactly 472 00:24:24,880 --> 00:24:26,560 Speaker 4: who he is and where he's at. I mean, I 473 00:24:26,600 --> 00:24:28,760 Speaker 4: wish somebody would ask him the question, when's the last 474 00:24:28,760 --> 00:24:30,040 Speaker 4: time you pumped some gas? 475 00:24:30,320 --> 00:24:30,840 Speaker 3: Donald Trump? 476 00:24:30,960 --> 00:24:31,280 Speaker 1: Yeah? 477 00:24:31,400 --> 00:24:33,240 Speaker 4: Was it before or after nineteen ninety? 478 00:24:33,359 --> 00:24:33,560 Speaker 3: You know? 479 00:24:33,960 --> 00:24:36,920 Speaker 1: Yeah, do you think he's ever pumped gas. I mean, 480 00:24:37,119 --> 00:24:39,200 Speaker 1: and someone who was not pumped a lot of gas 481 00:24:39,200 --> 00:24:42,480 Speaker 1: in my life as you live in New York. I mean, 482 00:24:42,680 --> 00:24:44,880 Speaker 1: I don't know. I mean I also think he has 483 00:24:44,920 --> 00:24:48,200 Speaker 1: a driver or whatever. But like, I'm not convinced that 484 00:24:48,760 --> 00:24:50,359 Speaker 1: he's ever pumped gas. 485 00:24:50,640 --> 00:24:53,560 Speaker 4: No, I would be I would be willing to put 486 00:24:53,560 --> 00:24:55,920 Speaker 4: on the prediction markets that he's not ever pumped gas, 487 00:24:55,920 --> 00:24:59,359 Speaker 4: but but or that it hasn't happened since at least 488 00:25:00,320 --> 00:25:03,280 Speaker 4: home alone too, that he has that's. 489 00:25:03,160 --> 00:25:07,520 Speaker 1: Right before after Mark but iconic, yeah. 490 00:25:07,400 --> 00:25:10,120 Speaker 4: Yeah, but no, to me, the Jordash Grandma moment said 491 00:25:10,160 --> 00:25:12,199 Speaker 4: a lot, because you know, first of all, there was 492 00:25:12,240 --> 00:25:14,520 Speaker 4: the you know, the fact that I mean, the economics 493 00:25:14,520 --> 00:25:17,280 Speaker 4: of it are just appalling and what we do to 494 00:25:18,080 --> 00:25:22,080 Speaker 4: basically the the you know, prototype prototypical Trump voter in 495 00:25:22,160 --> 00:25:24,240 Speaker 4: terms of economics of this. They're the ones who get 496 00:25:24,240 --> 00:25:26,080 Speaker 4: the hose the most and they keep coming back from 497 00:25:26,080 --> 00:25:28,640 Speaker 4: more and it's it's it's very depressing. Yeah, and it's 498 00:25:28,640 --> 00:25:30,560 Speaker 4: a it's a tough nut to crack. But at the 499 00:25:30,600 --> 00:25:32,480 Speaker 4: same time, I mean, he was also trying to like, 500 00:25:33,119 --> 00:25:35,240 Speaker 4: you know, use these other talking points on her. 501 00:25:35,560 --> 00:25:38,840 Speaker 1: She was just like that was amazing. So she was 502 00:25:38,880 --> 00:25:41,320 Speaker 1: like well, what do you think about girls and men's 503 00:25:41,720 --> 00:25:45,439 Speaker 1: bore women and men? Yeah yeah, men and women's sports? 504 00:25:45,560 --> 00:25:47,880 Speaker 4: Go on, I do. He's down to these like, he's 505 00:25:47,880 --> 00:25:51,520 Speaker 4: like down to four or five sad, pathetic, krusty, the 506 00:25:51,560 --> 00:25:54,320 Speaker 4: clown talking points, and. 507 00:25:54,000 --> 00:25:56,359 Speaker 1: It's it's want to take away your cheese. 508 00:25:57,080 --> 00:25:59,880 Speaker 4: Hugging the pilet at the very end at the intercom 509 00:26:00,119 --> 00:26:02,840 Speaker 4: in Vegas. This is where we're at right now. And 510 00:26:02,880 --> 00:26:05,720 Speaker 4: he repeats these same talking points and doorda ash Granma 511 00:26:05,800 --> 00:26:07,600 Speaker 4: was like, I know what the fuck you're talking about? Man? 512 00:26:08,080 --> 00:26:10,480 Speaker 4: You know this is not a Wendy's or this is 513 00:26:10,520 --> 00:26:11,919 Speaker 4: a Wendy's or however that goes. 514 00:26:12,840 --> 00:26:16,720 Speaker 1: I mean the whole you know the fact that Republicans 515 00:26:16,920 --> 00:26:19,359 Speaker 1: And it's funny because it I mean, we're going to 516 00:26:19,440 --> 00:26:24,600 Speaker 1: segue now to my mayor's or a Mondani who said, right, 517 00:26:24,640 --> 00:26:29,320 Speaker 1: who has this piano tear tax? And so he has 518 00:26:29,359 --> 00:26:31,480 Speaker 1: this piano tear tax? And it will be if you 519 00:26:31,760 --> 00:26:36,520 Speaker 1: own a second home, second home, not a first home. 520 00:26:36,560 --> 00:26:39,439 Speaker 1: So if you're if you have a big if you 521 00:26:39,480 --> 00:26:44,280 Speaker 1: only have one mansion that's over five million dollars, you're okay. 522 00:26:44,760 --> 00:26:47,760 Speaker 1: But if you own a second home that's over five 523 00:26:47,800 --> 00:26:48,480 Speaker 1: million dollars. 524 00:26:48,520 --> 00:26:50,000 Speaker 4: Okay, And there's a lot of this. 525 00:26:50,880 --> 00:26:54,359 Speaker 1: There's a lot of if your second home is over 526 00:26:54,440 --> 00:26:57,520 Speaker 1: five million dollars, So that means like Ken Griffin just 527 00:26:57,560 --> 00:27:01,840 Speaker 1: bought a third apartment at seven and forty Park. I think, yeah, 528 00:27:02,640 --> 00:27:05,720 Speaker 1: then you and I actually think Ken Griffin is as 529 00:27:05,920 --> 00:27:09,280 Speaker 1: good as the as that kru goes. He's much much 530 00:27:09,600 --> 00:27:12,040 Speaker 1: much better than a lot of the people in that world, 531 00:27:12,720 --> 00:27:16,399 Speaker 1: much better than Elon. He like runs a real business. 532 00:27:16,520 --> 00:27:20,600 Speaker 1: He's doesn't treat he treats his employees relatively speaking well, 533 00:27:21,200 --> 00:27:25,680 Speaker 1: but he uses Mandami uses him as example. Uh, if 534 00:27:25,720 --> 00:27:28,000 Speaker 1: your second home is over five million dollars, you will 535 00:27:28,040 --> 00:27:30,840 Speaker 1: have to pay some kind of piano tear tax if 536 00:27:30,840 --> 00:27:33,320 Speaker 1: you don't live in it. So the idea here is 537 00:27:33,359 --> 00:27:37,320 Speaker 1: to target all of these apartments that are and houses 538 00:27:37,760 --> 00:27:41,200 Speaker 1: that are worth millions and millions dollars of dollars. 539 00:27:41,320 --> 00:27:44,400 Speaker 4: Yeah, nobody giant skyscrapers in midtown where we're like, who 540 00:27:44,440 --> 00:27:45,440 Speaker 4: the fuck owns these things? 541 00:27:45,480 --> 00:27:48,720 Speaker 1: Yeah, And and that's actually a real phenomenon. And I 542 00:27:48,960 --> 00:27:51,400 Speaker 1: know people who live in buildings where there's nobody. 543 00:27:51,760 --> 00:27:54,800 Speaker 4: There's nobody there, right, because they're all owned by foreign investors. 544 00:27:55,000 --> 00:27:57,280 Speaker 1: Well, they're just plant. They're just a plant your money. 545 00:27:57,680 --> 00:28:00,719 Speaker 1: Because if you're you know, if you are in a 546 00:28:00,800 --> 00:28:03,560 Speaker 1: country and you're stealing, I mean, I think of the 547 00:28:03,600 --> 00:28:06,320 Speaker 1: Russians are a good example of this. You're stealing money 548 00:28:06,359 --> 00:28:08,520 Speaker 1: from your government, and you need to park the money 549 00:28:08,560 --> 00:28:11,399 Speaker 1: somewhere that you know nobody can take and you can 550 00:28:11,440 --> 00:28:14,240 Speaker 1: buy it in an LLC. It's like putting ten million 551 00:28:14,240 --> 00:28:18,359 Speaker 1: dollars in the bank right exactly exactly, and so yeah, 552 00:28:18,400 --> 00:28:22,400 Speaker 1: and so you should have to pay the city for that. 553 00:28:23,320 --> 00:28:26,000 Speaker 4: I think some of these policies are right on the money. 554 00:28:26,040 --> 00:28:28,439 Speaker 4: I think you know, this is I mean, this is 555 00:28:28,560 --> 00:28:32,480 Speaker 4: kind of the natural progression from this second Gilded Age 556 00:28:32,480 --> 00:28:34,359 Speaker 4: that we're in the middle of right now. And this 557 00:28:34,480 --> 00:28:37,320 Speaker 4: mom Donnie proposal sounds a lot like you know, Elizabeth 558 00:28:37,359 --> 00:28:41,320 Speaker 4: Warren's billionaire tax and or billionaire taxes that have been 559 00:28:41,320 --> 00:28:43,120 Speaker 4: proposed by others. I don't want to just give her credit, 560 00:28:43,160 --> 00:28:45,760 Speaker 4: but you know, it seems to me that that is 561 00:28:46,360 --> 00:28:48,320 Speaker 4: that is kind of the moment we're in right now. 562 00:28:48,400 --> 00:28:50,600 Speaker 4: And you know, I hate to break it to you know, 563 00:28:50,680 --> 00:28:53,120 Speaker 4: some of these oligarchs who are just like, hey, we're 564 00:28:53,160 --> 00:28:55,640 Speaker 4: running Donald trumpfort now we'll dump him off on the 565 00:28:55,680 --> 00:28:57,560 Speaker 4: side of the road when he's when we're done with them, 566 00:28:57,600 --> 00:29:00,280 Speaker 4: and then we'll pick up JD. Vans or whoever. You know, 567 00:29:01,040 --> 00:29:05,320 Speaker 4: the public is ready to tear them a new asshole. 568 00:29:05,920 --> 00:29:06,120 Speaker 1: Yeah. 569 00:29:06,120 --> 00:29:08,480 Speaker 4: They and the policies that are coming down the pike. 570 00:29:08,640 --> 00:29:12,760 Speaker 4: I'm telling you, they're not this ship. And yeah, they've 571 00:29:12,920 --> 00:29:16,320 Speaker 4: they've primed, they have primed the environment for these kinds 572 00:29:16,320 --> 00:29:18,800 Speaker 4: of policies. And so Mom, Donnie, you know, people will 573 00:29:18,880 --> 00:29:21,400 Speaker 4: always a socialist and they'll they'll rail against him on 574 00:29:21,480 --> 00:29:23,160 Speaker 4: Fox and stuff for proposing this kind of thing. But 575 00:29:23,240 --> 00:29:25,560 Speaker 4: people at home will be like, it's a second home. 576 00:29:26,320 --> 00:29:28,200 Speaker 4: It sounds like they've got the money to pay additional 577 00:29:28,240 --> 00:29:32,080 Speaker 4: tax revenue. Yeah, okay, that's fine. I mean, it seems 578 00:29:32,360 --> 00:29:33,120 Speaker 4: that's no brainer. 579 00:29:33,960 --> 00:29:39,680 Speaker 1: I'm pretty sure that's what's going on. And it strikes 580 00:29:39,880 --> 00:29:45,000 Speaker 1: me that the Republicans are not quite understanding, Like I 581 00:29:45,320 --> 00:29:47,880 Speaker 1: think of what happened last week, and it was not 582 00:29:47,920 --> 00:29:53,160 Speaker 1: such a reported story, but last week, guys through a 583 00:29:53,240 --> 00:29:59,800 Speaker 1: mazel top a malotof cocktail, a Malotov cocktail that was 584 00:30:00,560 --> 00:30:01,080 Speaker 1: nozzle to. 585 00:30:03,000 --> 00:30:04,080 Speaker 3: A molot. 586 00:30:06,160 --> 00:30:09,280 Speaker 1: Anyway, right in the Gaspajo police, we like Marjorie Tayler 587 00:30:09,320 --> 00:30:12,240 Speaker 1: Green now I take no pleasure to report Welcome to 588 00:30:12,280 --> 00:30:17,160 Speaker 1: the Resistance, Marjorie Taylor Green. But through in the at 589 00:30:17,200 --> 00:30:20,640 Speaker 1: the home of Sam Alman, and Sam Altman thinks that 590 00:30:20,680 --> 00:30:24,840 Speaker 1: this maybe was because this person didn't understand that he 591 00:30:24,880 --> 00:30:28,120 Speaker 1: had a family. But but that's not why I think 592 00:30:28,160 --> 00:30:29,120 Speaker 1: this person did it. 593 00:30:29,840 --> 00:30:32,680 Speaker 4: Yeah, I don't know why this person did it. I 594 00:30:32,680 --> 00:30:34,280 Speaker 4: mean it may have something to do with this. 595 00:30:34,360 --> 00:30:36,640 Speaker 1: Sort of either they were in rage. I mean they 596 00:30:36,760 --> 00:30:41,840 Speaker 1: killed they killed the seal of United Healthcare, and a host, 597 00:30:41,960 --> 00:30:44,960 Speaker 1: a television host, was like, this is bad, and the 598 00:30:45,000 --> 00:30:48,360 Speaker 1: group of people in the audience refused to say it 599 00:30:48,440 --> 00:30:50,280 Speaker 1: was bad. They started booing him. 600 00:30:50,720 --> 00:30:54,520 Speaker 4: Yeah. I mean, honestly, you know what we're gonna need 601 00:30:55,160 --> 00:31:00,160 Speaker 4: in very short order is a competent democratic party that 602 00:31:00,200 --> 00:31:03,040 Speaker 4: has figured out a message. Leaders of that party who 603 00:31:03,080 --> 00:31:04,680 Speaker 4: have figured out a message. And I'm not saying that 604 00:31:04,800 --> 00:31:06,800 Speaker 4: none of them have on it. 605 00:31:07,360 --> 00:31:09,440 Speaker 1: Huh is on it. 606 00:31:10,560 --> 00:31:12,160 Speaker 4: I don't think he's on it. I don't think he's 607 00:31:12,160 --> 00:31:15,840 Speaker 4: got to hear it. But I do think that, you know, 608 00:31:15,880 --> 00:31:17,360 Speaker 4: and this is why I've been saying for a very 609 00:31:17,360 --> 00:31:19,800 Speaker 4: long time that I don't even know if we're seeing 610 00:31:19,880 --> 00:31:22,600 Speaker 4: who the twenty twenty eight nominee is right now. I 611 00:31:22,640 --> 00:31:24,640 Speaker 4: think somebody's going to come out of the woodwork. They're 612 00:31:24,680 --> 00:31:27,280 Speaker 4: going to start talking about these kinds of ideas that, 613 00:31:27,560 --> 00:31:31,280 Speaker 4: you know, to tone down sort of this I mean 614 00:31:31,400 --> 00:31:34,000 Speaker 4: mentality these days where folks are like, people want to 615 00:31:34,000 --> 00:31:36,600 Speaker 4: tear these folks a new asshole. They just do, and 616 00:31:36,680 --> 00:31:39,040 Speaker 4: you're going to have to come up with a panoply 617 00:31:39,320 --> 00:31:43,240 Speaker 4: of policy proposals. Sorry for the alliteration. No no, I 618 00:31:43,320 --> 00:31:46,000 Speaker 4: like at the end of the week that that go 619 00:31:46,120 --> 00:31:48,600 Speaker 4: to all of these feelings. I don't see how anybody 620 00:31:48,600 --> 00:31:51,120 Speaker 4: can get out on the campaign trail and talk about 621 00:31:51,520 --> 00:31:54,760 Speaker 4: ICE without talking about abolishing it. There are two stories 622 00:31:54,800 --> 00:31:56,800 Speaker 4: out today. Apparently there were some eighty five year old 623 00:31:57,160 --> 00:32:01,840 Speaker 4: French grandmother who marry this American gi over here in 624 00:32:01,880 --> 00:32:04,320 Speaker 4: the US, the American gi guide. She gets picked up 625 00:32:04,320 --> 00:32:07,840 Speaker 4: by ICE. This is New York Times today. ICE finally 626 00:32:07,880 --> 00:32:10,360 Speaker 4: got her out of the country and they deported her 627 00:32:10,400 --> 00:32:13,239 Speaker 4: and she lands in France and she's still wearing her 628 00:32:13,240 --> 00:32:17,480 Speaker 4: prison garb and she's eighty five years old. The stories 629 00:32:17,480 --> 00:32:19,680 Speaker 4: that are just coming out, and people are sick and 630 00:32:19,760 --> 00:32:23,080 Speaker 4: tired of this crap. They've they've killed two American citizens 631 00:32:23,160 --> 00:32:24,960 Speaker 4: or three American citizens already that we. 632 00:32:24,920 --> 00:32:28,440 Speaker 1: Know of with way more. Because that is. 633 00:32:29,440 --> 00:32:31,400 Speaker 4: If you're not talking about that, get the fuck out 634 00:32:31,440 --> 00:32:34,360 Speaker 4: of here. If you're not talking about national health care, 635 00:32:34,360 --> 00:32:37,040 Speaker 4: I'm sorry. It's just you're gonna have a really hard time. 636 00:32:37,280 --> 00:32:39,880 Speaker 4: You're just gonna have a hard time in the Democratic 637 00:32:39,920 --> 00:32:42,640 Speaker 4: Party running for president. I know Rob Emmanuel wants to 638 00:32:42,640 --> 00:32:44,800 Speaker 4: have the moderate lane, and he's gonna he's gonna go 639 00:32:44,840 --> 00:32:47,000 Speaker 4: into different events, he's gonna stream with people about how 640 00:32:47,040 --> 00:32:49,280 Speaker 4: they're they're blowing themselves up and they're not going to 641 00:32:49,360 --> 00:32:50,080 Speaker 4: win the presidency. 642 00:32:50,080 --> 00:32:52,920 Speaker 1: And so yeah, I just the future. 643 00:32:54,080 --> 00:32:58,720 Speaker 4: I just don't. I just don't. Shot. But I'm just 644 00:32:58,800 --> 00:33:01,640 Speaker 4: saying that that I do not think that is where 645 00:33:01,640 --> 00:33:04,360 Speaker 4: people are going to be over the next three years. 646 00:33:04,480 --> 00:33:09,120 Speaker 1: And you, for yourself, I like, I like a centrist, 647 00:33:09,200 --> 00:33:13,440 Speaker 1: radical centrism. Someone think of the very very very wealthy. 648 00:33:14,960 --> 00:33:18,720 Speaker 4: What about that Elon Mush And maybe you know, watch 649 00:33:18,800 --> 00:33:20,280 Speaker 4: maybe Elon will come out and be like, I'm a 650 00:33:20,280 --> 00:33:22,479 Speaker 4: Democrat now and you know, let's I'm going to give 651 00:33:22,480 --> 00:33:25,120 Speaker 4: two hundred fifty billion dollars to rama Manuel and we'll 652 00:33:25,120 --> 00:33:26,000 Speaker 4: make him president. 653 00:33:26,360 --> 00:33:30,560 Speaker 1: Yeah, good luck, Ela, that will make that will really. 654 00:33:32,000 --> 00:33:34,360 Speaker 4: And I forgive me for being a nerd, but like. 655 00:33:36,240 --> 00:33:39,400 Speaker 1: You never have to ask forgiveness for being a nerd here, 656 00:33:39,600 --> 00:33:39,840 Speaker 1: I know. 657 00:33:40,960 --> 00:33:45,160 Speaker 4: And what happened in Hungary this week, yes, has been 658 00:33:45,240 --> 00:33:50,440 Speaker 4: absolutely extraordinary. And my favorite thing that has happened all 659 00:33:50,440 --> 00:33:52,680 Speaker 4: week is that this new is it magiar The new 660 00:33:52,720 --> 00:33:56,400 Speaker 4: prime minister went on the Hungarian state television and he 661 00:33:56,560 --> 00:33:59,640 Speaker 4: told them off to their faces for shitting on him 662 00:34:00,000 --> 00:34:02,320 Speaker 4: in the last several years, Yeah, not having them on, 663 00:34:02,440 --> 00:34:04,320 Speaker 4: and when they did talk about him, they were shitting 664 00:34:04,320 --> 00:34:06,480 Speaker 4: on him and his family. And he got in that 665 00:34:06,600 --> 00:34:09,759 Speaker 4: presenter's face and he just he just gave it right 666 00:34:09,840 --> 00:34:12,759 Speaker 4: to her, and I just absolutely and he talked about how, 667 00:34:12,880 --> 00:34:15,120 Speaker 4: you know, we're going to get rid of you. We're 668 00:34:15,120 --> 00:34:16,480 Speaker 4: going to get rid of all these assholes who have 669 00:34:16,480 --> 00:34:18,520 Speaker 4: been running this country to the ground, and we're going 670 00:34:18,600 --> 00:34:20,680 Speaker 4: to have a strong independent media that you know is 671 00:34:20,719 --> 00:34:22,520 Speaker 4: not perfect, but it is going to be doing what 672 00:34:22,680 --> 00:34:24,600 Speaker 4: the media should be doing, which is telling people what 673 00:34:24,680 --> 00:34:25,880 Speaker 4: the truth, what's happening. 674 00:34:26,200 --> 00:34:28,879 Speaker 1: And I'm telling you, powerful people do account right. 675 00:34:29,120 --> 00:34:31,680 Speaker 4: If they can do it in Budapest, they can do 676 00:34:31,760 --> 00:34:34,360 Speaker 4: it here for Christ's sake. And maybe you know, instead 677 00:34:34,400 --> 00:34:36,839 Speaker 4: of Sea Pack having conferences. Maybe it'll be net Roots 678 00:34:36,920 --> 00:34:40,920 Speaker 4: or the pod Bros or whoever or anyone, or you 679 00:34:41,000 --> 00:34:42,360 Speaker 4: and I can have a conference in Hungry. 680 00:34:42,520 --> 00:34:49,160 Speaker 1: Yes, we will have the Yes, Jima, you and I 681 00:34:49,239 --> 00:34:50,120 Speaker 1: will be in Hungry. 682 00:34:50,560 --> 00:34:51,120 Speaker 4: Let's do it. 683 00:34:51,600 --> 00:34:54,040 Speaker 1: Yeah, we could do a lot better than match Flap. 684 00:34:54,920 --> 00:34:57,000 Speaker 4: I've never been to Budapest, and I've always wanted to go, 685 00:34:57,080 --> 00:34:59,840 Speaker 4: and I've been told when you go, you're asked Buddha 686 00:34:59,920 --> 00:35:02,399 Speaker 4: or pest like that's like it's a thing. 687 00:35:04,640 --> 00:35:08,440 Speaker 1: Ben McKenzie is the actor known for his work in 688 00:35:08,520 --> 00:35:13,120 Speaker 1: the oc Southland Gossam, and he is also the director 689 00:35:13,440 --> 00:35:18,600 Speaker 1: of the documentary Everyone Is Lying to You for Money. Hi, Ben, 690 00:35:18,840 --> 00:35:20,239 Speaker 1: welcome to Vast Politics. 691 00:35:20,480 --> 00:35:22,520 Speaker 4: I'm really good to see you, as always. 692 00:35:22,200 --> 00:35:24,480 Speaker 1: Good to see you. So tell me about this movie. 693 00:35:24,719 --> 00:35:26,640 Speaker 7: So this movie is Everyone Is Lying to You for Money. 694 00:35:26,640 --> 00:35:28,880 Speaker 7: It's kind of roughly based on the book that I 695 00:35:28,920 --> 00:35:31,880 Speaker 7: wrote with Jacob Silverman, but it's my investigation into crypto. 696 00:35:32,200 --> 00:35:35,719 Speaker 7: It's a comedy about how fucking stupid cryptocurrency is and 697 00:35:35,760 --> 00:35:39,440 Speaker 7: how mean and awful and moronic many of the people 698 00:35:39,680 --> 00:35:42,840 Speaker 7: the men involved in this are. And so it includes 699 00:35:42,880 --> 00:35:45,880 Speaker 7: interviews with Sam Bankman Fried and this guy Alex Mashinski, 700 00:35:45,960 --> 00:35:48,400 Speaker 7: both of whom are in jail right now for running frauds. 701 00:35:48,560 --> 00:35:51,080 Speaker 7: It includes testimony to the Senate that I did in 702 00:35:51,080 --> 00:35:53,960 Speaker 7: the aftermath of them going to jail, and then it 703 00:35:53,960 --> 00:35:57,000 Speaker 7: includes you know, interviews with victims and some of my 704 00:35:57,080 --> 00:35:59,760 Speaker 7: home life, so my much more famous wife, Mariam. 705 00:36:00,480 --> 00:36:03,879 Speaker 4: And it's a fun movie. It's like Michael Moore Louis Theireau. 706 00:36:04,080 --> 00:36:06,759 Speaker 7: But for the burning generation, where like we all know, 707 00:36:07,520 --> 00:36:09,880 Speaker 7: the Republicans sock obviously, but there's many members of the 708 00:36:09,880 --> 00:36:11,800 Speaker 7: Democratic Party and I'd love to talk to you about 709 00:36:11,800 --> 00:36:14,600 Speaker 7: that in terms of crypto, many members of the Democratic 710 00:36:14,600 --> 00:36:16,600 Speaker 7: Party that should be held accountable as well when it 711 00:36:16,600 --> 00:36:17,280 Speaker 7: comes to crypto. 712 00:36:17,600 --> 00:36:19,920 Speaker 1: I love your much more famous wife. She is a 713 00:36:20,000 --> 00:36:23,960 Speaker 1: delight and very adorable. I want you to talk about 714 00:36:23,960 --> 00:36:26,879 Speaker 1: that because we've talked about your book and about the movie. Now, 715 00:36:27,120 --> 00:36:30,880 Speaker 1: there is a regulation problem in both the Democratic and 716 00:36:30,880 --> 00:36:31,920 Speaker 1: the Republican Party. 717 00:36:32,200 --> 00:36:35,680 Speaker 7: Why because the crypto industry has made so much money 718 00:36:35,880 --> 00:36:38,080 Speaker 7: and where do they make that money from their customers? 719 00:36:38,400 --> 00:36:41,680 Speaker 7: Right right, They've made so much money, billions and billions 720 00:36:41,719 --> 00:36:44,960 Speaker 7: of dollars that in order to keep the scheme going, 721 00:36:45,280 --> 00:36:47,320 Speaker 7: they have to create new. 722 00:36:47,239 --> 00:36:48,080 Speaker 4: Rules for themselves. 723 00:36:48,120 --> 00:36:51,680 Speaker 7: Special rules so they're not treated like securities, so they're 724 00:36:51,680 --> 00:36:54,320 Speaker 7: not treated like banks, so that they're not even treating 725 00:36:54,480 --> 00:36:57,680 Speaker 7: like commodities. Really, so there was this terrible piece of 726 00:36:57,760 --> 00:37:00,480 Speaker 7: legislation that was passed last year called the Genie Act, 727 00:37:00,600 --> 00:37:02,719 Speaker 7: And knowing this Congress, if it's called the Genius Act, 728 00:37:02,760 --> 00:37:05,000 Speaker 7: it's got to be stupid, and it's really bad. It 729 00:37:05,040 --> 00:37:08,200 Speaker 7: allows corporations to issue their own currency, their own money 730 00:37:08,480 --> 00:37:10,279 Speaker 7: in the form of a stable coin, which is a 731 00:37:10,280 --> 00:37:14,080 Speaker 7: crypto that's supposedly tied to the dollar, so it's literal 732 00:37:14,120 --> 00:37:14,880 Speaker 7: corporate money. 733 00:37:15,040 --> 00:37:17,080 Speaker 4: It allows corporations to issue their own money. 734 00:37:17,080 --> 00:37:19,160 Speaker 7: If you think that's a good idea, first of all, 735 00:37:19,160 --> 00:37:22,600 Speaker 7: I question whether you're a Democrat or not. But secondly, 736 00:37:23,920 --> 00:37:25,600 Speaker 7: we have tried this before. We tried it in the 737 00:37:25,680 --> 00:37:28,160 Speaker 7: nineteenth century. It was called the wildcat banking era. We 738 00:37:28,200 --> 00:37:30,880 Speaker 7: allowed banks to issue their own currencies. It was bad, 739 00:37:31,320 --> 00:37:33,560 Speaker 7: there was a lot of fraud, and we scrapped the 740 00:37:33,560 --> 00:37:36,000 Speaker 7: system ultimately and went with a central bank. So we 741 00:37:36,120 --> 00:37:38,520 Speaker 7: tried it before, and it's a bad idea. But here's 742 00:37:38,520 --> 00:37:40,680 Speaker 7: what really pisses me off. Of course, the Republicans are 743 00:37:40,680 --> 00:37:43,520 Speaker 7: going to vote for it, but one hundred Democrats voted 744 00:37:43,560 --> 00:37:47,400 Speaker 7: for it as well, including Chuck Schumer, including Hakeem Jeffreys, 745 00:37:47,760 --> 00:37:51,840 Speaker 7: including my Congressman Dan Goldman, who is a rich dude 746 00:37:51,880 --> 00:37:55,320 Speaker 7: who inherited a lot of money and certainly should know better. 747 00:37:55,520 --> 00:37:59,520 Speaker 7: He is supposedly an anti corruption guy, right, That's how 748 00:37:59,520 --> 00:38:01,719 Speaker 7: he made his bread and butter. Politically is like doing 749 00:38:01,719 --> 00:38:04,840 Speaker 7: the impeachment trials against Trump, So what is he doing 750 00:38:05,120 --> 00:38:08,560 Speaker 7: voting for the Genius Act. I am supporting Bradlander in 751 00:38:08,600 --> 00:38:11,080 Speaker 7: the tenth and I would encourage people who are as 752 00:38:11,120 --> 00:38:14,160 Speaker 7: outraged about this crypto corruption as I am to support 753 00:38:14,200 --> 00:38:14,680 Speaker 7: him as well. 754 00:38:15,040 --> 00:38:17,800 Speaker 1: I want you to talk about the Genius Act, because 755 00:38:17,840 --> 00:38:19,919 Speaker 1: the Genius Act, I'm not even going to talk about 756 00:38:19,920 --> 00:38:22,840 Speaker 1: it because whatever, all this is like low key grift. 757 00:38:22,880 --> 00:38:25,640 Speaker 1: But I want you to talk about why you think 758 00:38:25,719 --> 00:38:29,480 Speaker 1: Democrats have had such a tough time standing up too, 759 00:38:29,640 --> 00:38:33,040 Speaker 1: Because I think crypto is part of a triumphran which 760 00:38:33,080 --> 00:38:37,799 Speaker 1: includes AI and also just all tech writ large. There's 761 00:38:37,880 --> 00:38:40,960 Speaker 1: corruption there, So I'd love you to talk about the 762 00:38:41,000 --> 00:38:41,759 Speaker 1: how and why of it. 763 00:38:42,160 --> 00:38:45,960 Speaker 7: Sure, it's the complacency, complicity, and corruption of certain members 764 00:38:46,000 --> 00:38:49,200 Speaker 7: of the Democratic Party. They are terrified of the crypto 765 00:38:49,200 --> 00:38:52,520 Speaker 7: lobby having hundreds of millions of dollars to spend either 766 00:38:52,600 --> 00:38:55,360 Speaker 7: on their behalf to support them or against them, to 767 00:38:55,400 --> 00:38:58,359 Speaker 7: try to defeat them, and sometimes they succeed. They spent 768 00:38:58,440 --> 00:39:01,880 Speaker 7: forty million dollars defeating share Brown and Ohio. He was 769 00:39:01,920 --> 00:39:04,240 Speaker 7: the chairman of the Senate Banking Committee when I testified 770 00:39:04,239 --> 00:39:07,040 Speaker 7: in twenty twenty two. Obviously, you know, at least in 771 00:39:07,040 --> 00:39:09,840 Speaker 7: my opinion, he's a fantastic It was a fantastic senator, 772 00:39:10,000 --> 00:39:12,080 Speaker 7: very much supporter of the working class, and the crypto 773 00:39:12,120 --> 00:39:16,000 Speaker 7: lobby spent forty million dollars defeating him and supporting a 774 00:39:16,040 --> 00:39:20,720 Speaker 7: literal car salesman, Bernie Moreno, who is now the senator 775 00:39:20,760 --> 00:39:22,120 Speaker 7: for one of the senators from Ohio. 776 00:39:22,440 --> 00:39:24,959 Speaker 4: So they're afraid of him, I mean what I'm hearing 777 00:39:25,000 --> 00:39:25,319 Speaker 4: right now. 778 00:39:25,320 --> 00:39:27,600 Speaker 7: So there's another piece of legislation that's pending called the 779 00:39:27,640 --> 00:39:30,560 Speaker 7: Clarity Act, and the Clarity Act is a market structure 780 00:39:30,600 --> 00:39:33,840 Speaker 7: bill that would basically put crypto under the supervision of 781 00:39:33,880 --> 00:39:36,880 Speaker 7: the CFTC rather than the SEC. The CFDC is a 782 00:39:36,960 --> 00:39:40,680 Speaker 7: much weaker regulatory agency, and it has been a long 783 00:39:40,880 --> 00:39:43,480 Speaker 7: ban a goal of the crypto industry. In fact, when 784 00:39:43,480 --> 00:39:46,600 Speaker 7: I was interviewing Sam bankman freed. Back in twenty twenty two, 785 00:39:46,680 --> 00:39:48,840 Speaker 7: there was a bill on Capitol Hill that was affectionately 786 00:39:48,840 --> 00:39:51,600 Speaker 7: called Sam's Bill that would have effectively done the same 787 00:39:51,680 --> 00:39:53,480 Speaker 7: thing and put this thing under the CFDC. 788 00:39:54,080 --> 00:39:56,480 Speaker 4: So the crypto. 789 00:39:56,120 --> 00:40:01,040 Speaker 7: Industry is dangerously close to work. It's already far worse 790 00:40:01,080 --> 00:40:03,759 Speaker 7: than it should be given how corrupt crypto is, but 791 00:40:03,840 --> 00:40:06,799 Speaker 7: it's working its way into our regulated financial system. If 792 00:40:06,800 --> 00:40:09,200 Speaker 7: and when it achieves this, at some point, there will 793 00:40:09,239 --> 00:40:12,920 Speaker 7: be a reckoning. When the markets fall. Crypto falls the hardest, 794 00:40:12,960 --> 00:40:15,879 Speaker 7: the fastest Historically, that's what happened in twenty twenty two. 795 00:40:15,960 --> 00:40:19,040 Speaker 7: And you know I documented in the film. If crypto 796 00:40:19,120 --> 00:40:21,799 Speaker 7: is further tied into our regulated system, this can be 797 00:40:21,840 --> 00:40:25,280 Speaker 7: another subprime crisis. We can be bailing out all these jerks. 798 00:40:25,360 --> 00:40:28,080 Speaker 7: And you're absolutely right. It's not just crypto, it's AI, 799 00:40:28,239 --> 00:40:32,840 Speaker 7: it's prediction markets. It is the bastard child of Citizens 800 00:40:32,920 --> 00:40:36,200 Speaker 7: United and all of this money, this corporate money that 801 00:40:36,360 --> 00:40:39,839 Speaker 7: is just flowing into politics and corrupting our democracy, and 802 00:40:39,920 --> 00:40:42,200 Speaker 7: we have to stand up to it. Twenty twenty six 803 00:40:42,239 --> 00:40:44,400 Speaker 7: and twenty twenty eight may be our last chance is 804 00:40:44,440 --> 00:40:46,600 Speaker 7: to do so, because if we can't stem the tide, 805 00:40:46,640 --> 00:40:47,520 Speaker 7: this stuff is just going. 806 00:40:47,520 --> 00:40:48,359 Speaker 4: To get worse and worse. 807 00:40:48,840 --> 00:40:52,600 Speaker 1: So one of the ideas behind crypto was that it 808 00:40:52,719 --> 00:40:56,279 Speaker 1: wasn't tied to the financial markets. Right, Originally it was 809 00:40:56,400 --> 00:40:59,080 Speaker 1: like this, but it turns out it wasn't tied to 810 00:40:59,120 --> 00:41:02,560 Speaker 1: the dollar, and it was right, and it had its 811 00:41:02,560 --> 00:41:05,600 Speaker 1: own sort of decentralized currency. But that's actually not true, 812 00:41:05,719 --> 00:41:06,040 Speaker 1: is it. 813 00:41:06,280 --> 00:41:09,320 Speaker 7: No, No, it's highly centralized. I mean words in cryptocurrency 814 00:41:09,520 --> 00:41:11,920 Speaker 7: often mean the opposer or are the opposite of what 815 00:41:11,960 --> 00:41:16,040 Speaker 7: they say, right, the centralizes. Centralized currencies aren't currencies. Stable 816 00:41:16,080 --> 00:41:19,800 Speaker 7: coins aren't stable. It's nonsense. It's just total frickin nonsense. 817 00:41:20,200 --> 00:41:24,080 Speaker 7: And one obvious question is if you say the libertarians, oh, crypto, 818 00:41:24,120 --> 00:41:26,040 Speaker 7: it's not tied to any government, We're like, wooh, we're 819 00:41:26,080 --> 00:41:29,680 Speaker 7: not under the influence of this evil, supposedly democratic government 820 00:41:29,719 --> 00:41:30,239 Speaker 7: that we live in. 821 00:41:30,440 --> 00:41:31,680 Speaker 4: So where's the money come from. 822 00:41:31,600 --> 00:41:33,879 Speaker 7: If it doesn't come from the government. Well, they don't 823 00:41:33,880 --> 00:41:36,160 Speaker 7: like to talk about this, but it's corporations. The answer 824 00:41:36,200 --> 00:41:39,680 Speaker 7: is corporations, right, literal corporations in the form of world 825 00:41:39,680 --> 00:41:42,840 Speaker 7: liberty financial But even it's true of bitcoin. Most of 826 00:41:42,840 --> 00:41:44,880 Speaker 7: the bitcoin, the vast majority of the bitcoin that is 827 00:41:44,920 --> 00:41:48,879 Speaker 7: mined currently is mined by multi billion dollar corporations, many 828 00:41:48,880 --> 00:41:51,719 Speaker 7: of which are publicly traded. And so if you like 829 00:41:51,800 --> 00:41:54,759 Speaker 7: the idea of corporate money, then God bless you and 830 00:41:54,880 --> 00:41:55,680 Speaker 7: feel free. 831 00:41:55,440 --> 00:41:56,320 Speaker 4: To vote for crypto. 832 00:41:56,440 --> 00:41:58,400 Speaker 7: But if you're a Democrat, if we don't stand for 833 00:41:58,480 --> 00:42:00,640 Speaker 7: anti corruption, I don't know what we're doing. 834 00:42:00,800 --> 00:42:02,200 Speaker 4: I do not know what we're doing. 835 00:42:02,400 --> 00:42:05,279 Speaker 7: This is why people think we are the same as Republicans, 836 00:42:05,400 --> 00:42:09,440 Speaker 7: because some of our people like Dan Goldman, like Kakeem Jeffries, 837 00:42:09,880 --> 00:42:11,880 Speaker 7: like Chuck Schumer, vote that way. 838 00:42:12,080 --> 00:42:13,160 Speaker 4: What I'm hearing right. 839 00:42:13,000 --> 00:42:16,000 Speaker 7: Now is that Schumer is trying to influence though there's 840 00:42:16,040 --> 00:42:19,000 Speaker 7: a working group within the Senate Banking Committee that includes 841 00:42:19,040 --> 00:42:22,000 Speaker 7: people like Reuben Diego, who I like but has gotten 842 00:42:22,040 --> 00:42:24,400 Speaker 7: ten million dollars from the crypto lobby. 843 00:42:24,200 --> 00:42:26,000 Speaker 4: So we redisposed to like the. 844 00:42:25,920 --> 00:42:29,239 Speaker 7: Crypto lobby and Warner as I think, leading it. And 845 00:42:29,280 --> 00:42:31,080 Speaker 7: Warner has been kind of back and forth on this 846 00:42:31,160 --> 00:42:33,760 Speaker 7: issue quite frankly, He's been good in the past at times, 847 00:42:33,800 --> 00:42:37,759 Speaker 7: and now he's hedging and Schumer is trying to influence them. 848 00:42:37,760 --> 00:42:39,920 Speaker 4: This is what I'm hearing. To make a deal so 849 00:42:39,960 --> 00:42:42,560 Speaker 4: that the Clarity Act can pass. What are we doing? 850 00:42:42,680 --> 00:42:43,840 Speaker 1: What is the Clarity Act. 851 00:42:44,040 --> 00:42:46,799 Speaker 7: The Clarity Act is going to put Crypto under the 852 00:42:46,840 --> 00:42:51,120 Speaker 7: supervision of the CFDC, this weak agency that has historically 853 00:42:51,160 --> 00:42:53,399 Speaker 7: been much more favorable to crypto. It's going to treat 854 00:42:53,440 --> 00:42:56,080 Speaker 7: it as a commodity rather than a security. The reason 855 00:42:56,080 --> 00:42:58,239 Speaker 7: that crypto doesn't want to be treated like a security 856 00:42:58,640 --> 00:43:02,440 Speaker 7: is that securities laws are predicated on disclosure. You have 857 00:43:02,560 --> 00:43:05,439 Speaker 7: to disclose who you're giving your money to, what they're 858 00:43:05,440 --> 00:43:07,480 Speaker 7: doing with that money. Crypto doesn't want that. 859 00:43:07,760 --> 00:43:08,000 Speaker 4: Right. 860 00:43:08,239 --> 00:43:11,160 Speaker 7: If you knew where who owned all of the bitcoin, 861 00:43:11,200 --> 00:43:13,840 Speaker 7: if you knew who owned all of the trump coin, 862 00:43:14,160 --> 00:43:16,920 Speaker 7: if they were quarterly reports, if they had to follow 863 00:43:16,960 --> 00:43:18,920 Speaker 7: all these rules, then the whole thing. 864 00:43:18,800 --> 00:43:20,120 Speaker 4: Might fall apart yet again. 865 00:43:20,440 --> 00:43:23,000 Speaker 7: So they're terrified of that, and so there's this whole 866 00:43:23,040 --> 00:43:25,920 Speaker 7: battle going on. And interestingly enough, the Clarity Act battle 867 00:43:25,960 --> 00:43:29,360 Speaker 7: is actually between the banking lobby and the crypto lobby, 868 00:43:29,400 --> 00:43:32,399 Speaker 7: because the crypto lobby basically wants to have they want 869 00:43:32,440 --> 00:43:34,840 Speaker 7: to act as banks without having bank rules. 870 00:43:35,320 --> 00:43:37,319 Speaker 4: And so you know you're in a bad place when 871 00:43:37,400 --> 00:43:38,319 Speaker 4: the banks. 872 00:43:38,120 --> 00:43:40,680 Speaker 7: Are the right side of history, right where the banks 873 00:43:40,719 --> 00:43:44,120 Speaker 7: are the ones who are actually trying to enforce some rules, right, 874 00:43:44,160 --> 00:43:46,560 Speaker 7: it's a very dark place we're in, and I'm very 875 00:43:46,560 --> 00:43:48,440 Speaker 7: worried they're going to try to jam through the Clarity 876 00:43:48,480 --> 00:43:49,719 Speaker 7: Act before the midterms. 877 00:43:49,920 --> 00:43:51,400 Speaker 4: The clock is taking they have to do it very, 878 00:43:51,440 --> 00:43:51,880 Speaker 4: very quickly. 879 00:43:51,920 --> 00:43:55,840 Speaker 1: The Clarity Act would prevent state regulation because it seems 880 00:43:55,880 --> 00:43:58,640 Speaker 1: as if there's this crazy thing that the FEDS want 881 00:43:58,680 --> 00:44:01,960 Speaker 1: to do, which is prevent regulation at the state level, 882 00:44:02,040 --> 00:44:05,040 Speaker 1: Like the FEDS want to prevent state rag and this 883 00:44:05,120 --> 00:44:07,319 Speaker 1: is we just had somebody on Morning Toe to talk 884 00:44:07,360 --> 00:44:11,920 Speaker 1: about cal She and how cal she everybody's trying to 885 00:44:11,920 --> 00:44:15,080 Speaker 1: prevent state rag because they say it's a patchword of regulation, 886 00:44:15,200 --> 00:44:19,080 Speaker 1: but the but really it's because it's any regulation, right exactly. 887 00:44:19,120 --> 00:44:21,600 Speaker 7: And you would have states like you know, maybe California 888 00:44:21,840 --> 00:44:24,640 Speaker 7: or New York or whatever that would actually have regulation 889 00:44:24,719 --> 00:44:27,719 Speaker 7: with teeth and god forbid, the industry you know, had 890 00:44:27,760 --> 00:44:30,600 Speaker 7: to face any regulation with any you know, spawn to 891 00:44:30,640 --> 00:44:33,160 Speaker 7: it or any substance to it. So yeah, you flip 892 00:44:33,239 --> 00:44:35,640 Speaker 7: wildly back and forth because it's like, oh no, we 893 00:44:35,719 --> 00:44:38,399 Speaker 7: believe in states rights. Oh no, we believe in federalism 894 00:44:38,480 --> 00:44:40,600 Speaker 7: or you know, or believe in the federal government, like 895 00:44:40,920 --> 00:44:43,640 Speaker 7: you know, this is all just it's all just race 896 00:44:44,000 --> 00:44:46,480 Speaker 7: to the bottom of what can we get away with next? Right, 897 00:44:47,360 --> 00:44:50,560 Speaker 7: crypto doesn't have a product, Right, it's a security without 898 00:44:50,560 --> 00:44:51,040 Speaker 7: a product. 899 00:44:51,160 --> 00:44:51,920 Speaker 4: What are they selling you. 900 00:44:52,000 --> 00:44:54,440 Speaker 7: They're selling you lines of code on a blockchain that 901 00:44:54,680 --> 00:44:58,120 Speaker 7: bear no relation to any real world asset. So what 902 00:44:58,320 --> 00:45:02,440 Speaker 7: is that in sort of basic economic An investment scheme 903 00:45:02,480 --> 00:45:04,360 Speaker 7: with no product is a Ponzi scheme? 904 00:45:04,640 --> 00:45:06,960 Speaker 4: I do not know what to tell you. Yes, this 905 00:45:07,000 --> 00:45:08,960 Speaker 4: one has gone on a very long time. 906 00:45:09,160 --> 00:45:11,239 Speaker 7: Yes, it has gone up and down, and it was 907 00:45:11,320 --> 00:45:13,279 Speaker 7: up and now it's down a bit, but it's still 908 00:45:13,360 --> 00:45:13,680 Speaker 7: up from. 909 00:45:13,600 --> 00:45:16,280 Speaker 4: Where it was in twenty twenty two, sort of barely. 910 00:45:16,840 --> 00:45:19,439 Speaker 7: But these Ponzi schemes can go on a very long time. 911 00:45:19,600 --> 00:45:22,840 Speaker 7: And what's really dangerous is if the Ponzi scheme becomes 912 00:45:23,080 --> 00:45:25,880 Speaker 7: a part of the overall structure of the economy. This 913 00:45:25,960 --> 00:45:30,080 Speaker 7: has actually happened before in Albania. In Albania, they came 914 00:45:30,120 --> 00:45:31,560 Speaker 7: out of the rule of. 915 00:45:31,520 --> 00:45:35,360 Speaker 1: The non democracy, non affluent country Albania. 916 00:45:35,480 --> 00:45:37,719 Speaker 7: Yes, yeah, so they get out of the from under 917 00:45:37,760 --> 00:45:40,680 Speaker 7: the thumb of Russia. They don't know how free market 918 00:45:40,760 --> 00:45:43,560 Speaker 7: economy works, and a ponzi scheme takes hold and eventually 919 00:45:43,600 --> 00:45:46,279 Speaker 7: the government gets involved in it and it ultimately ends 920 00:45:46,360 --> 00:45:49,080 Speaker 7: up contributing to a civil war inside of Albania. 921 00:45:49,120 --> 00:45:52,279 Speaker 4: Fascinating little piece of history. But we are at such 922 00:45:52,320 --> 00:45:54,560 Speaker 4: a divisive time already in this country. 923 00:45:54,760 --> 00:45:56,719 Speaker 7: The last thing we need is people to trust this 924 00:45:56,760 --> 00:45:59,640 Speaker 7: is some less and for politicians to contribute to that 925 00:46:00,160 --> 00:46:02,560 Speaker 7: voting for corrupt legislation, right, no question. 926 00:46:02,880 --> 00:46:06,080 Speaker 1: So clearly you have money on one side, and you 927 00:46:06,239 --> 00:46:09,640 Speaker 1: have members of Congress who don't want to legislate on 928 00:46:09,719 --> 00:46:13,520 Speaker 1: the other. Is there any sort of civil action that 929 00:46:13,560 --> 00:46:16,560 Speaker 1: people can take when they've lost like there clearly has 930 00:46:16,600 --> 00:46:20,239 Speaker 1: been a lot of stable coin loss like huge losses. 931 00:46:20,400 --> 00:46:23,040 Speaker 1: Is there any civil avenue for people have lost money 932 00:46:23,239 --> 00:46:23,920 Speaker 1: on crypto? 933 00:46:24,200 --> 00:46:24,680 Speaker 4: Oh? Definitely. 934 00:46:24,680 --> 00:46:27,160 Speaker 7: You can file class action lawsuits. There's many lawsuits. I mean, 935 00:46:27,160 --> 00:46:30,000 Speaker 7: there's so many lawsuits that have been filed across the board. 936 00:46:30,160 --> 00:46:31,960 Speaker 7: But at the end of the day, those are those 937 00:46:32,000 --> 00:46:34,719 Speaker 7: are reactive, right, I mean, in order to be proactive, 938 00:46:34,760 --> 00:46:37,719 Speaker 7: we have to have real legislation. And so you know, 939 00:46:37,800 --> 00:46:40,359 Speaker 7: if you're asking me what we actually should do, what 940 00:46:40,400 --> 00:46:42,480 Speaker 7: we have to do is we have to define all 941 00:46:42,520 --> 00:46:45,040 Speaker 7: of the speculative cryptocurrencies, which are all of the non 942 00:46:45,080 --> 00:46:50,600 Speaker 7: stable coins like bitcoin, ethereum, trump coin, fart coin, malania coin, whatever, 943 00:46:50,960 --> 00:46:53,360 Speaker 7: come coin, whatever it is, like they have to. 944 00:46:53,440 --> 00:46:56,400 Speaker 4: I think that's real coin com rocket, excuse me, com Rocket. 945 00:46:56,200 --> 00:46:58,680 Speaker 1: It's petareal, that's really, that's real. 946 00:46:58,960 --> 00:47:00,200 Speaker 4: Why I don't make this stuff up? 947 00:47:00,239 --> 00:47:02,160 Speaker 1: Molly, come on, this is I thought you were kidding 948 00:47:02,360 --> 00:47:05,640 Speaker 1: because I thought that's so stupid. There's no way that's real. 949 00:47:05,760 --> 00:47:08,319 Speaker 1: But I'm sorry. That's every day for may. 950 00:47:08,560 --> 00:47:10,200 Speaker 4: By the way, I have a bone to pick with you. 951 00:47:10,200 --> 00:47:12,759 Speaker 7: You put us on social media a while back that 952 00:47:12,840 --> 00:47:15,040 Speaker 7: we can't possibly be in a stupider time, and I 953 00:47:15,080 --> 00:47:17,439 Speaker 7: was like, Molly, you cannot say that out loud right now. 954 00:47:17,520 --> 00:47:19,720 Speaker 1: In the last two weeks, a lot of steps. 955 00:47:20,880 --> 00:47:22,239 Speaker 7: So here's what we have to do so that the 956 00:47:22,280 --> 00:47:26,280 Speaker 7: speculative cryptos, they have to be regulated like securities, because 957 00:47:26,480 --> 00:47:28,800 Speaker 7: just outlawing it's not going to work. It'll just go underground, 958 00:47:28,840 --> 00:47:32,320 Speaker 7: it'll just exist. The non speculative ones, the stable coins. 959 00:47:32,320 --> 00:47:35,000 Speaker 7: Those are cryptocurrencies that are pegged one to one with 960 00:47:35,040 --> 00:47:37,640 Speaker 7: the US dollar. They're supposedly worth the dollar, but they're 961 00:47:37,680 --> 00:47:39,400 Speaker 7: not actually backed by the full faith and credit of 962 00:47:39,400 --> 00:47:42,080 Speaker 7: the United States, and they operate sort of roughly outside 963 00:47:42,120 --> 00:47:44,719 Speaker 7: the banking system. So what is that to me? That 964 00:47:44,880 --> 00:47:47,319 Speaker 7: is a counterfeit dollar. That is a dollar that is 965 00:47:47,360 --> 00:47:51,200 Speaker 7: trading off of what we've built up over generations, if 966 00:47:51,200 --> 00:47:53,600 Speaker 7: not hundreds of years, the full faith and credit of 967 00:47:53,640 --> 00:47:56,800 Speaker 7: the United States government, the most powerful country in the world, 968 00:47:57,160 --> 00:47:59,400 Speaker 7: that Donald Trump is doing his best to destroy, but 969 00:47:59,480 --> 00:48:02,880 Speaker 7: right now still hanging on and they are working around 970 00:48:02,920 --> 00:48:05,359 Speaker 7: the rules. And what they'll do is if they get 971 00:48:05,400 --> 00:48:08,520 Speaker 7: their hooks into the regulated system, we're going to end 972 00:48:08,600 --> 00:48:11,319 Speaker 7: up bailing all these mfrs out. We're going to end 973 00:48:11,400 --> 00:48:15,319 Speaker 7: up bailing them all out again, which is exactly why 974 00:48:15,360 --> 00:48:18,800 Speaker 7: crypto was supposedly introduced in reaction to the subprime crisis. 975 00:48:18,920 --> 00:48:21,279 Speaker 4: It will have recreated the same thing that it was 976 00:48:21,320 --> 00:48:22,320 Speaker 4: supposedly against. 977 00:48:22,760 --> 00:48:26,320 Speaker 1: Right, you have an asset that's like subprime mortgages, though 978 00:48:26,480 --> 00:48:31,000 Speaker 1: used more broadly by retail investors in a way that 979 00:48:31,040 --> 00:48:34,400 Speaker 1: subprimes never were. And if you have a crash, because 980 00:48:34,440 --> 00:48:37,560 Speaker 1: it's the least stable, it will be one of the 981 00:48:37,600 --> 00:48:40,640 Speaker 1: worst hit too. Right, because there's no intrinsic value. 982 00:48:40,760 --> 00:48:43,319 Speaker 7: Absolutely, there's no intrinsic value, at least with subprime. Not 983 00:48:43,320 --> 00:48:47,320 Speaker 7: to defend subprime, but at least aspirationally, the stated goal 984 00:48:47,600 --> 00:48:50,120 Speaker 7: was to give people more homes. Right, So at least 985 00:48:50,120 --> 00:48:51,759 Speaker 7: at some point if you squint it hard enough, there 986 00:48:51,760 --> 00:48:52,840 Speaker 7: were homes in there somewhere. 987 00:48:53,040 --> 00:48:56,000 Speaker 4: Right. The over financialization was obvious. But the other thing with. 988 00:48:56,040 --> 00:48:59,120 Speaker 7: Crypto that's different from subprime is that there is so 989 00:48:59,400 --> 00:49:03,240 Speaker 7: much is hardcore criminal activity that is financed via cryptocurrency. 990 00:49:03,320 --> 00:49:08,239 Speaker 7: There is a crypto firm that released a study recently 991 00:49:08,719 --> 00:49:12,200 Speaker 7: that found or estimated in twenty twenty five, one hundred 992 00:49:12,200 --> 00:49:16,759 Speaker 7: and fifty billion dollars of illegal activity was facilitated due 993 00:49:16,800 --> 00:49:19,440 Speaker 7: to cryptocurrency one hundred and fifty billion dollars in twenty 994 00:49:19,520 --> 00:49:22,719 Speaker 7: twenty five alone. And that's a crypto company that's estimating it. 995 00:49:22,760 --> 00:49:24,560 Speaker 7: So I'm going to guess that's on the lower end 996 00:49:24,600 --> 00:49:28,120 Speaker 7: of the actual range. So you're talking about international criminal 997 00:49:28,120 --> 00:49:30,160 Speaker 7: cartels to give you an example of how fed up 998 00:49:30,160 --> 00:49:33,600 Speaker 7: this can be. So it's things like Russian oligarch selling 999 00:49:33,680 --> 00:49:38,440 Speaker 7: sanctioned oil to the Chinese via cryptocurrency in exchange for 1000 00:49:38,800 --> 00:49:42,760 Speaker 7: drones that they then send to Ukraine. It's an international 1001 00:49:43,120 --> 00:49:46,000 Speaker 7: it's like a it's a quasi form, it's a black 1002 00:49:46,040 --> 00:49:49,480 Speaker 7: market form of money, these stable coins, and it has 1003 00:49:49,560 --> 00:49:53,160 Speaker 7: become so big that is involved in almost every despicable 1004 00:49:53,160 --> 00:49:55,960 Speaker 7: activity you can think of it is isis it is 1005 00:49:56,200 --> 00:49:59,280 Speaker 7: North Korean hackers. Half of the North Korean nuclear program 1006 00:49:59,560 --> 00:50:03,480 Speaker 7: was fund did via hackers stealing cryptocurrency and selling it. 1007 00:50:03,480 --> 00:50:07,880 Speaker 7: It is a lot of child sexual abuse material. Jeffrey 1008 00:50:07,880 --> 00:50:10,879 Speaker 7: Epstein was originally one of the funders of bitcoin with. 1009 00:50:12,560 --> 00:50:12,799 Speaker 1: Yeah. 1010 00:50:12,800 --> 00:50:16,279 Speaker 4: Of course he was a money launderer and international blackmailer. 1011 00:50:16,320 --> 00:50:17,680 Speaker 4: Of course he loved cryptocurrency. 1012 00:50:17,920 --> 00:50:21,920 Speaker 7: So these are I'm sorry, not the retail trading traders. 1013 00:50:21,920 --> 00:50:23,600 Speaker 7: God bless them. I think they're wrong. But if they 1014 00:50:23,640 --> 00:50:26,160 Speaker 7: want to wager their money and we offer them protections, 1015 00:50:26,200 --> 00:50:27,640 Speaker 7: then fine, it's a free country. 1016 00:50:27,800 --> 00:50:28,760 Speaker 4: Gamble with your money. 1017 00:50:28,960 --> 00:50:30,920 Speaker 7: But there are really bad dudes behind this stuff who 1018 00:50:30,960 --> 00:50:32,920 Speaker 7: are doing really bad stuff, and we have to put. 1019 00:50:32,760 --> 00:50:33,279 Speaker 4: A stop to it. 1020 00:50:33,440 --> 00:50:35,320 Speaker 1: I want you to talk about Sam bankman Fred for 1021 00:50:35,400 --> 00:50:39,160 Speaker 1: a minute, because you interviewed him. Talk us through that guy. 1022 00:50:39,440 --> 00:50:41,680 Speaker 4: Sure, So I was spring up twenty twenty two. 1023 00:50:41,719 --> 00:50:44,319 Speaker 7: Five months later his empire would collapse and he would 1024 00:50:44,320 --> 00:50:46,759 Speaker 7: be arrested for this fraud. But at the time he 1025 00:50:46,840 --> 00:50:49,120 Speaker 7: was sort of he was not just hanging on. He 1026 00:50:49,320 --> 00:50:51,440 Speaker 7: was the top dog in crypto. He's the cover of 1027 00:50:51,480 --> 00:50:52,520 Speaker 7: Fortune magazine. 1028 00:50:52,840 --> 00:50:53,960 Speaker 1: Always a good sign. 1029 00:50:54,280 --> 00:50:55,400 Speaker 4: Yeah, yeah, exactly. 1030 00:50:55,680 --> 00:50:57,960 Speaker 7: The guy that was interviewing him before me in the 1031 00:50:58,040 --> 00:51:00,440 Speaker 7: hotel conference room that I had booked. He would be 1032 00:51:00,480 --> 00:51:03,520 Speaker 7: on the cover with the with the headline the next 1033 00:51:03,560 --> 00:51:04,760 Speaker 7: Warren Buffett. 1034 00:51:04,400 --> 00:51:08,359 Speaker 4: Question mark right. And at the same time I'm interviewing him. 1035 00:51:08,360 --> 00:51:09,880 Speaker 7: And if you see the movie, I mean, I think 1036 00:51:09,920 --> 00:51:11,759 Speaker 7: you're gonna laugh your ass off at how well it's 1037 00:51:12,040 --> 00:51:14,000 Speaker 7: both funny and terrifying that this. 1038 00:51:13,960 --> 00:51:15,439 Speaker 4: Guy was in charge of this. Yeah. 1039 00:51:15,440 --> 00:51:17,760 Speaker 7: So he's this like thirty year old kid who's supposedly 1040 00:51:17,760 --> 00:51:19,760 Speaker 7: one of one hundred wealthiest people in the world. 1041 00:51:19,960 --> 00:51:21,399 Speaker 4: He's being fitted all over the place. 1042 00:51:21,440 --> 00:51:23,319 Speaker 7: He's just done a conference in the Bahamas that Bill 1043 00:51:23,400 --> 00:51:25,279 Speaker 7: Clinton was at that Tony Blair was at. 1044 00:51:25,480 --> 00:51:27,960 Speaker 1: Yeah not great. Look for Bilkln. 1045 00:51:27,560 --> 00:51:30,080 Speaker 4: Notice great or Tony, I would say. 1046 00:51:30,080 --> 00:51:33,640 Speaker 1: Tony and Bill both make appearances. Yeah, exactly good. 1047 00:51:33,880 --> 00:51:36,040 Speaker 7: So I sit down with them and I'm look, I'll 1048 00:51:36,080 --> 00:51:38,800 Speaker 7: be honest in retrospect, I should have been even tougher 1049 00:51:38,840 --> 00:51:41,040 Speaker 7: on him, but I was asking him basic questions. 1050 00:51:41,160 --> 00:51:41,759 Speaker 4: What does it do? 1051 00:51:42,000 --> 00:51:44,560 Speaker 7: Tell me something that it does that's a value, And 1052 00:51:44,600 --> 00:51:46,840 Speaker 7: the only thing he could say there was remittances, the 1053 00:51:46,880 --> 00:51:49,759 Speaker 7: ability to send money overseas and not pay the transaction 1054 00:51:49,880 --> 00:51:52,480 Speaker 7: fees from like Western Union or money Gram or whatever. 1055 00:51:52,800 --> 00:51:55,360 Speaker 7: I had just been to El Salvador. El Salvador. The 1056 00:51:55,400 --> 00:51:57,720 Speaker 7: economy is built on remittances. It's a quard of the economy. 1057 00:51:57,760 --> 00:52:00,239 Speaker 7: They tried it with bitcoin and crypto didn't work. Nobody 1058 00:52:00,360 --> 00:52:02,120 Speaker 7: used to I show. It's a very funny segment in 1059 00:52:02,160 --> 00:52:03,800 Speaker 7: the movie where I walked through a market trying to 1060 00:52:03,840 --> 00:52:05,799 Speaker 7: pay for things in bitcoin and they look. 1061 00:52:05,680 --> 00:52:06,719 Speaker 4: At the screen and they're like, well, what are you 1062 00:52:06,719 --> 00:52:08,160 Speaker 4: talking about, dude. We need dollars. 1063 00:52:08,200 --> 00:52:11,600 Speaker 7: We need cash the dollars, right, So I said, bulloney. 1064 00:52:11,719 --> 00:52:14,000 Speaker 7: He couldn't answer. He then tried to like sell me 1065 00:52:14,040 --> 00:52:16,319 Speaker 7: on a coin that he owned a lot of called 1066 00:52:16,320 --> 00:52:17,400 Speaker 7: a salana. 1067 00:52:17,480 --> 00:52:18,560 Speaker 4: It was a mess, dude. 1068 00:52:18,640 --> 00:52:21,040 Speaker 7: And then the most freaked out that he got was 1069 00:52:21,040 --> 00:52:22,800 Speaker 7: when I asked him, well, how much money did he 1070 00:52:22,840 --> 00:52:26,120 Speaker 7: get into politicians? Because he was talking, he was growing 1071 00:52:26,200 --> 00:52:27,799 Speaker 7: on and on about how much money he was given 1072 00:52:27,800 --> 00:52:31,200 Speaker 7: away all these like good good causes like mosquito nets 1073 00:52:31,239 --> 00:52:33,799 Speaker 7: to prevent you know, the next COVID or whatever. I mean, 1074 00:52:33,800 --> 00:52:35,640 Speaker 7: there's all money that he stole from his customers. 1075 00:52:35,680 --> 00:52:38,120 Speaker 4: We would later find out, So, yeah, here's that. 1076 00:52:38,320 --> 00:52:40,840 Speaker 7: But like when I asked Hi about the politicians, he 1077 00:52:41,160 --> 00:52:44,160 Speaker 7: liked Froatz. He just couldn't answer the question, which at 1078 00:52:44,160 --> 00:52:47,080 Speaker 7: the time was really bizarre because it was public knowledge 1079 00:52:47,080 --> 00:52:49,719 Speaker 7: he was one of Biden's biggest donors. But the way 1080 00:52:49,760 --> 00:52:52,520 Speaker 7: I understand it now is that he didn't want to 1081 00:52:52,560 --> 00:52:54,400 Speaker 7: tell me. What would later come out is that he 1082 00:52:54,480 --> 00:52:57,399 Speaker 7: was running a secret straw donor scheme. There was one 1083 00:52:57,520 --> 00:53:00,960 Speaker 7: hundred million dollars allegedly, and one of his colleagues went 1084 00:53:01,000 --> 00:53:03,520 Speaker 7: to jail for where they were secretly giving money to. 1085 00:53:03,440 --> 00:53:04,920 Speaker 4: The Republicans through cutouts. 1086 00:53:05,200 --> 00:53:07,719 Speaker 7: So you know, it was the most one of the 1087 00:53:07,800 --> 00:53:09,760 Speaker 7: most bizarre, is the most bizarre hour. 1088 00:53:09,880 --> 00:53:10,640 Speaker 4: Of my life. 1089 00:53:10,719 --> 00:53:12,560 Speaker 7: And it's one of the sort of culminating moments in 1090 00:53:12,840 --> 00:53:15,120 Speaker 7: the documentary, and I hope everybody sees it. There'll be 1091 00:53:15,160 --> 00:53:17,400 Speaker 7: a clip that'll be released prior to the release of 1092 00:53:17,400 --> 00:53:19,680 Speaker 7: the film so people can watch most of it beforehand 1093 00:53:19,680 --> 00:53:24,399 Speaker 7: to get a taste. Thank you, Ben, Thank you Molly. 1094 00:53:24,680 --> 00:53:28,400 Speaker 1: No moment perfectly, Jesse Cannon. 1095 00:53:28,719 --> 00:53:33,360 Speaker 2: My So we keep seeing immigrant deaths and ice facilities. 1096 00:53:33,360 --> 00:53:37,200 Speaker 2: So in the most Trumpian policy decision possible, you know, 1097 00:53:37,239 --> 00:53:39,359 Speaker 2: if they've decided we're going to just try to hide 1098 00:53:39,360 --> 00:53:40,520 Speaker 2: those statistics from you. 1099 00:53:40,960 --> 00:53:45,000 Speaker 1: Yeah, there are definitely people dying in ice facilities. We 1100 00:53:45,080 --> 00:53:47,799 Speaker 1: just don't know. We just don't have transparency on it. 1101 00:53:48,160 --> 00:53:51,040 Speaker 1: We just don't that's it. There are people dying in 1102 00:53:51,120 --> 00:53:53,959 Speaker 1: ice detention centers. We know this to be true. We've 1103 00:53:54,000 --> 00:53:58,520 Speaker 1: seen some reporting on this, but really we don't know, 1104 00:53:58,880 --> 00:54:02,200 Speaker 1: and we don't know who's We don't know. So they're 1105 00:54:02,239 --> 00:54:06,920 Speaker 1: reporting some immigrant that detainnees deaths, but there's certainly a 1106 00:54:07,000 --> 00:54:10,480 Speaker 1: lot more. And it doesn't surprise me. We've seeing people. 1107 00:54:10,880 --> 00:54:13,120 Speaker 1: Here's a thirty six year old man from Nicaragua with 1108 00:54:13,280 --> 00:54:18,560 Speaker 1: no criminal background who died from suicide. Ice says, if 1109 00:54:18,600 --> 00:54:20,560 Speaker 1: you can trust them, can you trust them? I don't 1110 00:54:20,600 --> 00:54:22,360 Speaker 1: know that you can trust them. I mean, just like 1111 00:54:22,400 --> 00:54:25,759 Speaker 1: with Trump, Like once people have squandered your trust, why 1112 00:54:25,800 --> 00:54:28,880 Speaker 1: would you ever trust them again. I mean, there's no 1113 00:54:29,000 --> 00:54:33,359 Speaker 1: reason to ever take what this administration says literally or 1114 00:54:33,400 --> 00:54:39,880 Speaker 1: physically or psychologically or any which way. You know. That's 1115 00:54:40,000 --> 00:54:46,400 Speaker 1: it for this episode of Fast Politics. Tune in every Monday, Wednesday, 1116 00:54:46,600 --> 00:54:51,080 Speaker 1: Thursday and Saturday to hear the best minds and politics 1117 00:54:51,160 --> 00:54:55,440 Speaker 1: make sense of all this chaos. If you enjoy this podcast, 1118 00:54:55,800 --> 00:54:59,200 Speaker 1: please send it to a friend and keep the conversation going. 1119 00:54:59,640 --> 00:55:00,800 Speaker 1: Thanks for listening,