WEBVTT - SYSK Selects: How the Panama Canal Works

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<v Speaker 1>Hey, everyone, hope you're having a good weekend. Chuck Bryant.

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<v Speaker 1>Here ho host of the podcast you're listening to, and

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<v Speaker 1>I am in charge with picking this week's stuff you

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<v Speaker 1>should know. Select episode. It is from April to two,

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<v Speaker 1>the day after April Fool's Day. But I don't worry.

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<v Speaker 1>This isn't how three D printing works. When I famously

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<v Speaker 1>fake quit and was replaced by Ben Bowling. No, no, no,

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<v Speaker 1>this is the episode about the Panama Canal. So interesting.

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<v Speaker 1>I love civic projects. I love huge, um unwieldy projects

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<v Speaker 1>that seem impossible to complete, and the Panama Canal was

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<v Speaker 1>and is that? So? I know you're gonna love this one. Everyone,

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<v Speaker 1>how the Panama Canal works. Welcome to Stuff you should

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<v Speaker 1>know from House Stuff Works dot com. Hey, and welcome

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<v Speaker 1>to the podcast. I'm Josh Clark. Uh with me is

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<v Speaker 1>always a child's w Chuck Bryant. And that's if you

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<v Speaker 1>should know the podcast. The two of us together, a

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<v Speaker 1>couple of mincs, our voices. You know what I've been

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<v Speaker 1>singing all day, of course, Panama over and over and

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<v Speaker 1>I just whistled it and Jerry was, well, now I

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<v Speaker 1>got that stuck in my head. Yeah. When we were

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<v Speaker 1>growing up, my sister I was singing it and I

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<v Speaker 1>realized that she was singing turn and Run? Like what

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<v Speaker 1>what she's like that song? That Van Halen song, like

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<v Speaker 1>don't be an idiot? She thought that's what they were saying. Yeah,

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<v Speaker 1>that's so interesting because there's so many misinterpreted song lyrics

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<v Speaker 1>famously over the years, but I never have heard Panama

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<v Speaker 1>as being one of them. Yeah, especially since the song

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<v Speaker 1>is named Panama. Yeah parentheses, turn and run? Right, Maybe

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<v Speaker 1>they were talking about the people who were working on

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<v Speaker 1>the early French effort to build a canal and Panama. Yeah, boy,

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<v Speaker 1>that didn't go over so well. We'll get to that, okay, spoiler,

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<v Speaker 1>the French didn't build the Panama Canal. I thought we

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<v Speaker 1>were gonna get to it right now. All right. Do

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<v Speaker 1>you want to talk about Da Gama Balboa? Which one?

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<v Speaker 1>Which one is? George Costanza's favorite explorer was a da

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<v Speaker 1>Gama or Balboa? O? Man, it was one of the two?

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<v Speaker 1>Da Gama, was it? Yeah? I think so? Okay, Um

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<v Speaker 1>that was a funny conversation though, Um so, Yeah. Balboa

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<v Speaker 1>back in the day was was wandering around in a

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<v Speaker 1>region called Darien and he summoned to the peak there

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<v Speaker 1>and was like, holy cow. If I look this away,

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<v Speaker 1>I see the Pacific Ocean, and if I look at

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<v Speaker 1>that a way, I see the Atlantic Ocean or the Caribbean.

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<v Speaker 1>And the only thing between these two big bodies of

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<v Speaker 1>water it's this little isthmus of land. Yeah. I'm gonna

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<v Speaker 1>have a lot of trouble with that word. That's okay,

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<v Speaker 1>just say strip, okay. So the strip of land here

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<v Speaker 1>is the only thing in between, and we should figure

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<v Speaker 1>out a way to use this as a as a thoroughfare. Yeah, yeah,

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<v Speaker 1>because this is it. This connects the world us exactly.

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<v Speaker 1>At the time, the Spanish we're trying to trade with

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<v Speaker 1>the um Chinese and we're doing a pretty good job

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<v Speaker 1>of it in the Philippines, and the best way to

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<v Speaker 1>get to that was to come across the Atlantic and

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<v Speaker 1>go into the Pacific. It worked very, very well. And

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<v Speaker 1>the idea of just having a place where you could

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<v Speaker 1>go straight through rather than go all the way down

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<v Speaker 1>South America and then back up it was just mind boggling.

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<v Speaker 1>It's like you said, it opened up the world. This

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<v Speaker 1>guy got it immediately. The problem was it would take

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<v Speaker 1>about four dred more years before anyone finally got around

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<v Speaker 1>to completing it successfully. Well, yeah, and forget the rest

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<v Speaker 1>of the world. The United States just like, Hey, I

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<v Speaker 1>want to ship this by boat from New York to

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<v Speaker 1>San Francisco. How can I do that? I can just

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<v Speaker 1>like kind of sneak around Florida, right Nope, blocked? Right, Well,

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<v Speaker 1>then what do I gotta do? You gotta go eight

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<v Speaker 1>thousand miles nautical miles around South America to get to

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<v Speaker 1>California or um, you know when you and I were

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<v Speaker 1>in Nicaragua, we were in a town that in the

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<v Speaker 1>nineteenth century was a way station for minor forty niners

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<v Speaker 1>going on to California, and um, they would sail on

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<v Speaker 1>to Nicaragua, take a train, and then ship out from

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<v Speaker 1>Nicaragua up to California. Except the handful that was like

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<v Speaker 1>I think I might just kick it here exactly. Yeah,

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<v Speaker 1>I bet you there were some du oh, definitely, I'm sure. Um,

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<v Speaker 1>but yeah, there was there was a continent in the way,

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<v Speaker 1>in the idea that it was just this little narrow

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<v Speaker 1>strip of land that that made a lot of people

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<v Speaker 1>say this is the place to be. In the sixteenth

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<v Speaker 1>or know, the eighteenth century, the Scottish showed up. They

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<v Speaker 1>tried to establish an outpost, failed spectacularly. Yeah, that's there's

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<v Speaker 1>a great um section in about it. Yeah. Um, the

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<v Speaker 1>Spanish were there, the French were there. Uh, they established

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<v Speaker 1>pretty good outposts there. It was very clear that this

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<v Speaker 1>little area which was then part of Colombia is now

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<v Speaker 1>present day Panama, was going to be a hoping spot

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<v Speaker 1>because there was no thinner portion of the North or

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<v Speaker 1>South American continents than this one, and everyone needed to

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<v Speaker 1>figure out a way to get through. Yeah. And it

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<v Speaker 1>wasn't as easy as like, hey, let's just dredge all

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<v Speaker 1>this sand and let the waters meet, because that's not

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<v Speaker 1>too hard. It's like dense jungle and mountains and the

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<v Speaker 1>continental divide. Yeah, so it's it's My first thought was like,

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<v Speaker 1>how hard could it have been? I didn't realize how

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<v Speaker 1>treacherous that area was. Yeah, and I think that, um,

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<v Speaker 1>that Balboa and a lot of people who succeeded him,

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<v Speaker 1>I thought the same thing, like how hard is it?

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<v Speaker 1>But it is like, that's that continental divide. That's a

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<v Speaker 1>tough thing to break through. That's why they call it

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<v Speaker 1>a divide. Yeah. Well that's where two tech time plates

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<v Speaker 1>to come together and form a mountain range and like

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<v Speaker 1>that's you're cutting through not one, but two tech time plates.

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<v Speaker 1>Everybody wrap your head around that. Seriously, let's talk about it,

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<v Speaker 1>because obviously we were successful eventually. But the first attempt

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<v Speaker 1>was not in the first attempt, it was by the French, yeah,

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<v Speaker 1>who in the eighteen twenties, I believe, started to undertake

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<v Speaker 1>a what is known as a sea level canal, which

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<v Speaker 1>is basically they were going to cut their way straight

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<v Speaker 1>through the Isthmus of Panama. That's right. And canals were

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<v Speaker 1>all the rage at the time because of steam technology.

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<v Speaker 1>So all of a sudden you didn't have to use

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<v Speaker 1>the very cool and quaint towpath and have a mule

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<v Speaker 1>walk alongside of a river or canal. Well, yeah, a

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<v Speaker 1>lot of them now are like jogging trails and stuff,

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<v Speaker 1>you know, which you know, that's great, it makes for

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<v Speaker 1>good us exactly. I don't see any mules on them

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<v Speaker 1>these days. But it's great that people can use these

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<v Speaker 1>topas now too, you know, it's like a nature trail. Yeah, um, yes,

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<v Speaker 1>So the steam technology gave the French the idea that

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<v Speaker 1>hey man, we can we can build a sea level

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<v Speaker 1>canal here because we can just dig right through it.

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<v Speaker 1>We have steam. We don't need the mules for the

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<v Speaker 1>tow paths any longer. All we need is some good

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<v Speaker 1>steam shovels. We're gonna cut right through this continental divide,

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<v Speaker 1>right through this jungle. And as a result of this ambition,

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<v Speaker 1>twenty thousand people died. Yeah, and um, they were able

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<v Speaker 1>to you know, get a little, a little far thanks

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<v Speaker 1>to the railroad there in Panama. Believe it or not,

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<v Speaker 1>it was the first railroad in the world to connect

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<v Speaker 1>both sides of a continent. Wasn't very big, but it

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<v Speaker 1>didn't need to be, which is kind of great. But

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<v Speaker 1>that allowed the French to get in there. They were

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<v Speaker 1>deciding between Nicaragua and Panama at the time. Um, and

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<v Speaker 1>they said, like you said, we can do sea level,

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<v Speaker 1>we don't need these locks. Yeah. If you look at

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<v Speaker 1>a map of Nicaragua and look at Panama, like the

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<v Speaker 1>idea of going through Nicaragua over Panama is just nuts. Yeah,

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<v Speaker 1>and we'll explain how the locks work. But it essentially

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<v Speaker 1>just raises and lowers your ship right for sure, in

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<v Speaker 1>a little like bay station of water that's flooded and

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<v Speaker 1>then drained. Actually, that's how a lock works. So the

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<v Speaker 1>French organized this thing called the company Universal Duca Now

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<v Speaker 1>enter they cute and uh, led by a guy named

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<v Speaker 1>Ferdinand Lesseps who had created a sea level canal through

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<v Speaker 1>the Suez that connected the Mediterranean and the Red Seas.

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<v Speaker 1>It was a big deal. So they brought him in

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<v Speaker 1>and he's like, sure, we'll do another sea level canal.

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<v Speaker 1>I'm feeling good about this. Like I did the Suez

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<v Speaker 1>Canal with my eyes closed, exactly, Like I can do

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<v Speaker 1>this with one arm tied behind my back. Well, he

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<v Speaker 1>didn't realize was that digging through a bunch of sand

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<v Speaker 1>is not like digging through two tectonic plates and a

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<v Speaker 1>bunch of jungle and malaria. Uh. And like I said,

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<v Speaker 1>twenty thousand people died as a result of this. Like

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<v Speaker 1>this guy was like, no, we can do it. We

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<v Speaker 1>can do it. We're gonna do a sea level canal.

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<v Speaker 1>We can do it. And then finally it was like,

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<v Speaker 1>I don't think we can do this. It was too late.

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<v Speaker 1>A lot a lot a lot of people were dead

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<v Speaker 1>from yellow fever, in malaria, from accidents. Um. It's privately financed,

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<v Speaker 1>so a lot of people lost a lot of money too. Exactly.

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<v Speaker 1>This company goes under well, he tried to salvage it though.

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<v Speaker 1>First he tried to hire Gustav Eiffel of Eiffel Tower fame, right,

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<v Speaker 1>and said, hey, I think we need those locks after all, um,

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<v Speaker 1>and you're good at building big steel things, so can

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<v Speaker 1>you help? And he was like, of course I can.

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<v Speaker 1>And then it was too late though that the business

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<v Speaker 1>was done right, and they had done a little bit. Well,

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<v Speaker 1>they had done a lot, Like they made eleven miles

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<v Speaker 1>of canal up to that point. Not bad, it's about

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<v Speaker 1>a quarter of the way there, right, But this was

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<v Speaker 1>the when did they start chuck the eighteen Yeah, so

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<v Speaker 1>chuck as we understand it, they started in the eighteen

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<v Speaker 1>twenties and this thing went bust by nineteen o two,

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<v Speaker 1>I believe. Well that's when Congress. I mean they were

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<v Speaker 1>busts before that, but that's when the US stepped in

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<v Speaker 1>and said, hey, we'll buy your junk. Oh I'm sorry.

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<v Speaker 1>Eight So in like sixties, about sixty years they they

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<v Speaker 1>had managed to dig eleven miles of canal, build a

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<v Speaker 1>bunch of buildings. They had a lot of equipment and

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<v Speaker 1>supplies there. Um, and yeah, the US said, we smell

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<v Speaker 1>a really really great opportunity. And congres said, let's spend

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<v Speaker 1>some cash. We're feeling good about things these days, where

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<v Speaker 1>we annexed Hawaii recently Puerto Rico, Philippines. What else, How

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<v Speaker 1>why not take over this very ambiscious project. Why it's

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<v Speaker 1>the American century by now, and we can stick it

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<v Speaker 1>to the French at the same time. Exactly, So they

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<v Speaker 1>did this in nineteen o two, UM with the one

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<v Speaker 1>stipulation that said, you know what, you guys have to

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<v Speaker 1>Columbia controls Panama right now, and you guys have to

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<v Speaker 1>work out a deal with them. And we tried and

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<v Speaker 1>that failed. So he said, you know what, We're just

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<v Speaker 1>gonna overthrow Columbia then and give the control to the Panamanians. Yeah,

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<v Speaker 1>they we supported this Panamanian independence movement and yeah, threw

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<v Speaker 1>off the shackles of Columbia. And Columbia is like, what

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<v Speaker 1>did you just do? Because we gain control of that.

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<v Speaker 1>We we followed that congressional mandate and gain control of

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<v Speaker 1>this Panama Canal zone. Basically, the swath uh that went

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<v Speaker 1>through Panama was considered American soil thanks to a treaty

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<v Speaker 1>UM from my believe nineteen o two, the hey Bunal

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<v Speaker 1>Varia treaty UM where Panama signed over the canal zone.

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<v Speaker 1>There was no Spanish translation of this treaty. Yeah, so

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<v Speaker 1>basically the U S went in over through Colombian control

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<v Speaker 1>of Panama, supported Panamanian independence and then rob Panama of

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<v Speaker 1>its canal one fell in like a year, yeah, and

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<v Speaker 1>Columbia is like, well, just I guess we'll just start

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<v Speaker 1>exporting cocaine and massive exactly, we'll get you back one day.

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<v Speaker 1>So um. In the end, they paid about forty million

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<v Speaker 1>bucks in nineteen o four for the assets of this

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<v Speaker 1>French company, just a lot of money back then, and

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<v Speaker 1>about ten million dollars um as this very cheeky article

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<v Speaker 1>by the way, did you notice um they offered they

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<v Speaker 1>she referred to it as um alimony of sorts to

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<v Speaker 1>Panama ten million bucks to get gain the rights to

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<v Speaker 1>this canal zone. And basically, hey, we're gonna run the show.

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<v Speaker 1>We're gonna finish your canal from the eleven mile mark

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<v Speaker 1>to the you know, to the ocean where it belongs.

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<v Speaker 1>And like you said, I think there was a certain

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<v Speaker 1>amount of snub to it, right, probably so um, but

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<v Speaker 1>they said, you know what we gotta do first, though,

0:12:17.000 --> 0:12:19.120
<v Speaker 1>is we have to decide on if we can go

0:12:19.200 --> 0:12:22.240
<v Speaker 1>sea level. Um, like, was it just the French were

0:12:22.240 --> 0:12:25.400
<v Speaker 1>incompetent or is it really impossible to do sea level? Yeah,

0:12:25.440 --> 0:12:27.880
<v Speaker 1>like we need to do our own due diligence basically,

0:12:28.480 --> 0:12:32.880
<v Speaker 1>And they did that, and Theodore Roosevelt chose chief engineer

0:12:33.000 --> 0:12:35.240
<v Speaker 1>John Frank Stevens, and he was like, it's all about

0:12:35.240 --> 0:12:37.760
<v Speaker 1>the locks, dudes. If you want to canal here, you

0:12:37.840 --> 0:12:40.760
<v Speaker 1>can have to go over these mountains, not through them. Right.

0:12:40.800 --> 0:12:44.160
<v Speaker 1>So here's the thing. And this is just brilliant because

0:12:44.200 --> 0:12:47.960
<v Speaker 1>there was another problem with this isthmus And there's this

0:12:48.000 --> 0:12:52.400
<v Speaker 1>thing called the Chagres River and it is very temperamental.

0:12:52.720 --> 0:12:56.680
<v Speaker 1>It was prone to flooding. All sorts of crazy stuff

0:12:56.880 --> 0:12:59.000
<v Speaker 1>associated with this river. So not only did you have

0:12:59.000 --> 0:13:01.320
<v Speaker 1>the continental divide, the jungle and the malaria to deal

0:13:01.360 --> 0:13:03.680
<v Speaker 1>with once you completed it, what were you gonna do

0:13:03.720 --> 0:13:06.600
<v Speaker 1>with this river? Stevens came up with this great idea

0:13:06.880 --> 0:13:09.560
<v Speaker 1>that you go over the mountains, and you go over

0:13:09.559 --> 0:13:11.719
<v Speaker 1>the mountains. You killed two birds with one stone by

0:13:11.800 --> 0:13:14.559
<v Speaker 1>damming the river, and you create a lake that will

0:13:14.640 --> 0:13:18.719
<v Speaker 1>carry you over the mountains. Like, yeah, I'm sure that's

0:13:18.720 --> 0:13:20.920
<v Speaker 1>not pronounced correctly. Think about that. That is one of

0:13:20.960 --> 0:13:24.200
<v Speaker 1>the most brilliant feats of engineering I've ever heard of,

0:13:24.360 --> 0:13:28.240
<v Speaker 1>the Panama Canal. Yeah, but that's specific aspect of it

0:13:29.040 --> 0:13:31.000
<v Speaker 1>damming the river to create a lake so you can

0:13:31.040 --> 0:13:34.600
<v Speaker 1>go over the mountains. Yeah, that's just incredibly beautiful the

0:13:34.600 --> 0:13:36.160
<v Speaker 1>whole thing too. And at the time, dude in the

0:13:36.160 --> 0:13:38.440
<v Speaker 1>early nineteen hundreds is just like, it's amazing that they

0:13:38.440 --> 0:13:40.640
<v Speaker 1>could pull us off. Yeah, because they're all wearing like

0:13:40.720 --> 0:13:43.840
<v Speaker 1>knickers and stuff. Yeah, it's very there's some awesome documentaries

0:13:43.840 --> 0:13:45.600
<v Speaker 1>out there, by the way, you should watch. In fact,

0:13:45.640 --> 0:13:49.839
<v Speaker 1>there's one. There's one cool. Just go to the YouTube's

0:13:49.880 --> 0:13:53.640
<v Speaker 1>and uh, put in time laps Panama Canal and it

0:13:53.679 --> 0:13:56.160
<v Speaker 1>takes you the full route in like a minute and

0:13:56.200 --> 0:13:58.520
<v Speaker 1>a half. Nice and said eight to ten hours. And

0:13:58.559 --> 0:13:59.880
<v Speaker 1>it's kind of neat. You know. The boat goes in

0:14:00.040 --> 0:14:04.360
<v Speaker 1>and sinks and then not sinks but lowers and then raises,

0:14:04.400 --> 0:14:06.160
<v Speaker 1>and then it tools along in the lake for a

0:14:06.200 --> 0:14:09.240
<v Speaker 1>little while and then sinks and lowers and raises and yeah,

0:14:09.280 --> 0:14:11.760
<v Speaker 1>because it's like an eight to ten hour transit right

0:14:12.559 --> 0:14:16.600
<v Speaker 1>from from deep water to deep water eight to ten hours. Yeah,

0:14:16.720 --> 0:14:18.720
<v Speaker 1>depending on your boat. I guess once you finally get

0:14:18.720 --> 0:14:22.080
<v Speaker 1>clearance to go through. That's right, So he's damned up.

0:14:22.120 --> 0:14:26.920
<v Speaker 1>The river created got tuned lake. Um ships going towards

0:14:26.920 --> 0:14:30.040
<v Speaker 1>the Pacific kind of enter it uh Lemon Bay in

0:14:30.080 --> 0:14:33.800
<v Speaker 1>the Caribbean, go through a couple of locks upward and

0:14:34.160 --> 0:14:37.040
<v Speaker 1>just it's like walking up steps basically, except it's a

0:14:37.080 --> 0:14:39.360
<v Speaker 1>big boat and it's done with water. And then they

0:14:39.440 --> 0:14:41.480
<v Speaker 1>navigate through that lake for a little while and then

0:14:41.720 --> 0:14:46.040
<v Speaker 1>go towards Panama City through another series of locks and down, down,

0:14:46.080 --> 0:14:50.640
<v Speaker 1>down over the mountains and boom, you are connected to

0:14:50.640 --> 0:14:53.120
<v Speaker 1>the rest of the world. Right, So when they when

0:14:53.120 --> 0:14:57.720
<v Speaker 1>they um agreed on the lock method, they had one

0:14:57.760 --> 0:14:59.960
<v Speaker 1>other thing to handle. And that's why the scott is

0:15:00.520 --> 0:15:04.160
<v Speaker 1>maybe they were getting confused with locks meaning lakes, right,

0:15:04.160 --> 0:15:06.680
<v Speaker 1>maybe that's a bunch of locks. They're like, where are

0:15:06.680 --> 0:15:08.960
<v Speaker 1>all the locks? They're like they're right there. They're like, no,

0:15:09.040 --> 0:15:13.080
<v Speaker 1>but where are the locks? So there was one other

0:15:13.120 --> 0:15:17.160
<v Speaker 1>big problem that had leveled the French effort, which was

0:15:17.440 --> 0:15:21.840
<v Speaker 1>um yellow fever, which you can be immune to if

0:15:21.920 --> 0:15:25.320
<v Speaker 1>you're exposed to it in childhood, but if you're from

0:15:25.400 --> 0:15:28.440
<v Speaker 1>New York, you're not. So you go down to Panama

0:15:28.560 --> 0:15:31.360
<v Speaker 1>and you are stung by a mosquito and you die. Um.

0:15:31.440 --> 0:15:34.640
<v Speaker 1>The thing is, nobody knew that it was mosquitoes until

0:15:34.680 --> 0:15:40.000
<v Speaker 1>a guy named Ronald bross uh in seven studied mosquitoes

0:15:40.120 --> 0:15:43.640
<v Speaker 1>in India and found malaria present in their stomachs and

0:15:43.680 --> 0:15:47.000
<v Speaker 1>that it was transmittable through their saliva. Yeah, they didn't

0:15:47.040 --> 0:15:49.680
<v Speaker 1>know what it was. They were all sorts of different theories. Yeah,

0:15:49.760 --> 0:15:55.320
<v Speaker 1>they thought it was maybe from like unclean living whatever.

0:15:55.520 --> 0:15:58.000
<v Speaker 1>When they found out that it was the mosquitoes, they

0:15:58.280 --> 0:16:02.400
<v Speaker 1>that changed everything. So they to this really rigid um

0:16:02.440 --> 0:16:07.200
<v Speaker 1>anti mosquito uh program. They cleaned up the country basically

0:16:07.280 --> 0:16:10.840
<v Speaker 1>and basically eradicated came close to eradicating yellow fever in

0:16:10.840 --> 0:16:13.840
<v Speaker 1>the area, which paved the way for this lock system

0:16:13.840 --> 0:16:16.440
<v Speaker 1>to be built. Yeah, and you can thank Colonel William

0:16:16.480 --> 0:16:21.160
<v Speaker 1>Gorgas for heading up that sanitation squad. And um, yeah,

0:16:21.240 --> 0:16:22.760
<v Speaker 1>I mean it worked, and that was the key, because

0:16:22.800 --> 0:16:25.240
<v Speaker 1>you can't have your workers dropping dead of yellow fever

0:16:25.280 --> 0:16:28.000
<v Speaker 1>every day. You have to they have to drop dead

0:16:28.040 --> 0:16:31.160
<v Speaker 1>of landslides. Yeah. Even though a lot of these workers

0:16:31.200 --> 0:16:34.480
<v Speaker 1>were you know, poor black people. I think eighty five

0:16:34.520 --> 0:16:37.640
<v Speaker 1>percent of the people that died were black. Um, and

0:16:37.640 --> 0:16:39.960
<v Speaker 1>a lot of people still died, but it wasn't like

0:16:40.120 --> 0:16:44.480
<v Speaker 1>the dropping dead from yellow fever, you know. But it's

0:16:44.480 --> 0:16:48.080
<v Speaker 1>still a very dangerous project. Mudslides, all all sorts of drownings,

0:16:48.160 --> 0:17:23.120
<v Speaker 1>things like that. So we've got the the we've got

0:17:23.560 --> 0:17:27.879
<v Speaker 1>yellow fever licked. We've settled on the lock system, and

0:17:28.160 --> 0:17:30.680
<v Speaker 1>um John Frank Stevens is replaced by a guy named

0:17:30.680 --> 0:17:34.760
<v Speaker 1>Lieutenant Colonel George Washington Gothals and he was a lock

0:17:34.960 --> 0:17:37.400
<v Speaker 1>expert and he looked at the plan and he said,

0:17:37.400 --> 0:17:40.760
<v Speaker 1>you know what, We're gonna divide this up into three sections.

0:17:40.920 --> 0:17:43.160
<v Speaker 1>That makes perfect sense. It does. You've got the Pacific

0:17:43.200 --> 0:17:46.280
<v Speaker 1>section that's going to be working from Limon Bay, which

0:17:46.320 --> 0:17:48.800
<v Speaker 1>by the way, means lime in Spanish. Did you know that?

0:17:49.960 --> 0:17:53.480
<v Speaker 1>I did not. Uh. So they're working from Limon Bay

0:17:53.800 --> 0:17:56.600
<v Speaker 1>to the newly created Lake Gatun. Yeah that was the

0:17:56.600 --> 0:18:00.000
<v Speaker 1>Atlantic Division. Yeah, okay, you're right. So the Atlantic divis

0:18:00.240 --> 0:18:04.560
<v Speaker 1>is synonymous with the Caribbean um. And then so you've

0:18:04.600 --> 0:18:08.320
<v Speaker 1>got the Atlantic Division working from Gattuned to um or

0:18:08.400 --> 0:18:11.399
<v Speaker 1>Lemont to get tune. You have the Central Division. This

0:18:11.520 --> 0:18:14.320
<v Speaker 1>is the hardest part. Yeah, they're working in Lake Gatune

0:18:14.520 --> 0:18:19.440
<v Speaker 1>to basically create a channel through this Continental Divide. You

0:18:19.480 --> 0:18:21.440
<v Speaker 1>don't have to cut sea level, but you you don't

0:18:21.440 --> 0:18:23.320
<v Speaker 1>need to make sure these ships aren't gonna like run

0:18:23.359 --> 0:18:26.560
<v Speaker 1>around in a mountain. Um. And then you have the

0:18:26.600 --> 0:18:30.399
<v Speaker 1>Pacific Division, which is working from uh the end of

0:18:30.440 --> 0:18:34.720
<v Speaker 1>the Continental Divide pass which is Pedro Miguel locks down

0:18:34.760 --> 0:18:39.320
<v Speaker 1>to the Pacific, right, that's right. And like we said,

0:18:39.359 --> 0:18:44.680
<v Speaker 1>the railway, the Panamanium Railroad is there, and um, we

0:18:44.720 --> 0:18:47.440
<v Speaker 1>had like awesome gear at the time. It was no

0:18:47.480 --> 0:18:51.200
<v Speaker 1>longer you know, men with chisels and sledgehammers and stuff.

0:18:51.240 --> 0:18:56.119
<v Speaker 1>It was steam shovels, rock drills, dynamite and uh they

0:18:56.280 --> 0:19:00.359
<v Speaker 1>moved ninety six million cubic yards of earth and rock, right,

0:19:00.359 --> 0:19:04.280
<v Speaker 1>which is seventy three million cubic meters, that's right. And

0:19:04.400 --> 0:19:06.359
<v Speaker 1>uh it was really hot though, and it was a

0:19:06.359 --> 0:19:09.919
<v Speaker 1>pretty bad scene and they called that Hell's Gorge and

0:19:09.960 --> 0:19:11.520
<v Speaker 1>it was dangerous and that's where I think most of

0:19:11.520 --> 0:19:13.840
<v Speaker 1>the lives were lost on this second pass. Yeah, and

0:19:13.840 --> 0:19:16.600
<v Speaker 1>that was definitely the hardest work, but they made it through.

0:19:17.359 --> 0:19:22.159
<v Speaker 1>Um and by nine a crane that was used in

0:19:22.200 --> 0:19:25.760
<v Speaker 1>the construction of the Panama Canal was the first thing

0:19:25.840 --> 0:19:28.520
<v Speaker 1>to ever make it through all the way and they

0:19:28.520 --> 0:19:31.560
<v Speaker 1>were like sweet, yeah, and eight months later it was

0:19:31.600 --> 0:19:35.840
<v Speaker 1>open for business as far as I understand, Yeah, big business.

0:19:36.040 --> 0:19:39.000
<v Speaker 1>Um should we should we walk people through or I

0:19:39.040 --> 0:19:43.119
<v Speaker 1>guess swim people through? Yeah? I think we should. Okay, Uh,

0:19:43.200 --> 0:19:46.399
<v Speaker 1>you approach from the Atlantic, you go through the gattoon locks.

0:19:46.800 --> 0:19:50.359
<v Speaker 1>It's gonna lift your vessel up eighty five ft pretty awesome,

0:19:51.160 --> 0:19:54.160
<v Speaker 1>and take you to Gatun Lake. Very nice. There. You're

0:19:54.160 --> 0:19:56.680
<v Speaker 1>gonna wind through that channel for about twenty three miles,

0:19:56.680 --> 0:20:02.160
<v Speaker 1>then enter the Gallard cut about eight miles through there,

0:20:02.560 --> 0:20:04.560
<v Speaker 1>and you're gonna reach the Pedro Miguel locks, and then

0:20:04.560 --> 0:20:07.639
<v Speaker 1>they're gonna lower your ship about thirty feet to the

0:20:07.720 --> 0:20:10.080
<v Speaker 1>mirror floors lake. You're gonna pass through this, it's about

0:20:10.080 --> 0:20:12.959
<v Speaker 1>a mile long, and then the two steps mirror floors

0:20:13.040 --> 0:20:16.040
<v Speaker 1>locks are gonna return you finally back to sea level

0:20:16.320 --> 0:20:19.199
<v Speaker 1>to seven mile passage from there to the Pacific, And

0:20:19.320 --> 0:20:21.840
<v Speaker 1>all told, you've gone fifty miles in about eight to

0:20:21.840 --> 0:20:26.119
<v Speaker 1>ten hours. And um, mind bogglingly, I saw that it

0:20:26.160 --> 0:20:30.399
<v Speaker 1>takes fifty two million gallons of fresh water to move

0:20:30.800 --> 0:20:34.920
<v Speaker 1>a ship from one end to the other two million,

0:20:35.359 --> 0:20:37.560
<v Speaker 1>and they're getting all that from Lake Gatun. Yeah, and

0:20:37.560 --> 0:20:40.600
<v Speaker 1>it's just I imagine it's just recycled back into the system, right, No,

0:20:41.280 --> 0:20:43.040
<v Speaker 1>what is it? What happens to it? They lose it,

0:20:43.280 --> 0:20:46.399
<v Speaker 1>most of it. It's it's either pumped back in. It

0:20:46.440 --> 0:20:50.679
<v Speaker 1>either goes flows back into Lake Gatun or else it

0:20:50.720 --> 0:20:54.480
<v Speaker 1>flows out into the oceans, which is not necessarily good.

0:20:54.520 --> 0:20:57.639
<v Speaker 1>They're worried that Lake at Tune may become brackish and

0:20:57.840 --> 0:21:01.960
<v Speaker 1>like a Tune is now the freshwater supply of Panama

0:21:02.200 --> 0:21:05.360
<v Speaker 1>and it they're using a lot of it up. Yeah. Well,

0:21:05.400 --> 0:21:09.439
<v Speaker 1>it's always presented a bit of an environmental quagmire, especially

0:21:09.480 --> 0:21:11.720
<v Speaker 1>with their plans to expand, which we'll get to. But

0:21:12.040 --> 0:21:14.800
<v Speaker 1>right now they have two way traffic. Um. They're looking

0:21:14.800 --> 0:21:18.760
<v Speaker 1>to make that a three lane highway, which would actually

0:21:18.800 --> 0:21:23.720
<v Speaker 1>adding that third lane, um will double the amount of traffic. Yeah,

0:21:23.760 --> 0:21:25.840
<v Speaker 1>which is crazy. You would think it would increase it

0:21:25.840 --> 0:21:28.959
<v Speaker 1>by a third. Yeah, I don't know. Maybe it's wider.

0:21:29.680 --> 0:21:31.520
<v Speaker 1>Oh maybe it allows for two ships at a time.

0:21:31.560 --> 0:21:33.919
<v Speaker 1>They just jam like eight in there once. I don't know.

0:21:34.160 --> 0:21:36.160
<v Speaker 1>I do know that if you are a large enough ship,

0:21:36.480 --> 0:21:39.480
<v Speaker 1>they don't let you drive yourself because you know you've

0:21:39.480 --> 0:21:41.600
<v Speaker 1>got one drunk sea captain and all of a sudden,

0:21:41.640 --> 0:21:44.960
<v Speaker 1>your locks are out of commission, so they use electric

0:21:44.960 --> 0:21:48.240
<v Speaker 1>towing locomotives to tow those big bad boys. Right, And

0:21:48.280 --> 0:21:50.639
<v Speaker 1>we should say, just briefly, with the locks, if you

0:21:50.720 --> 0:21:54.200
<v Speaker 1>want to move a ship upward, you flow into a lock.

0:21:54.359 --> 0:21:57.040
<v Speaker 1>The lock closes behind you and it fills up with

0:21:57.119 --> 0:21:59.520
<v Speaker 1>water so that you can float over the lip of

0:21:59.520 --> 0:22:03.159
<v Speaker 1>the next higher lock that the gate closes behind you

0:22:03.280 --> 0:22:05.760
<v Speaker 1>with that one and it fills in with water, and

0:22:05.760 --> 0:22:09.000
<v Speaker 1>so on and so forth. Yeah, it's remarkably basic. Yeah,

0:22:09.000 --> 0:22:11.600
<v Speaker 1>and then the opposite takes place when you're stepping down. Yeah,

0:22:11.760 --> 0:22:15.480
<v Speaker 1>it's just basically going into a little square pool, raising

0:22:15.560 --> 0:22:17.280
<v Speaker 1>or lowering the water level so you can go up

0:22:17.400 --> 0:22:19.440
<v Speaker 1>or down. It's really neat. Yeah. And if you've got

0:22:19.440 --> 0:22:20.880
<v Speaker 1>a minute and a half to kill, you can take

0:22:20.920 --> 0:22:25.000
<v Speaker 1>this voyage in high speed on the YouTube. So uh,

0:22:25.200 --> 0:22:29.640
<v Speaker 1>Like we said, the US used gunboat diplomacy to and

0:22:29.720 --> 0:22:33.359
<v Speaker 1>I guess good old fashioned, old timey nineteen o two

0:22:33.400 --> 0:22:37.000
<v Speaker 1>swindling to gain control of the Panama Canal zone. And

0:22:37.280 --> 0:22:42.399
<v Speaker 1>it had complete control until nine nine when Jimmy Carter

0:22:43.000 --> 0:22:49.720
<v Speaker 1>um malaise forever right terrise that Simpsons, they unveil a

0:22:49.840 --> 0:22:52.760
<v Speaker 1>statue of Jimmy Carter and it says Malaise Forever on

0:22:52.800 --> 0:22:55.560
<v Speaker 1>the base and one of the townspeople goes, he's history's

0:22:55.600 --> 0:23:01.920
<v Speaker 1>greatest monster. Anyway, Carter negotiated with the leader of Panama

0:23:02.040 --> 0:23:06.840
<v Speaker 1>at the time, UH General Omar Terrios Herrera, and said, hey,

0:23:06.880 --> 0:23:09.280
<v Speaker 1>how is he like this thing back? Give us You

0:23:09.280 --> 0:23:12.199
<v Speaker 1>think they said, hey, we'd like this back. I like

0:23:12.280 --> 0:23:17.320
<v Speaker 1>to think of American magnanimous. Not sure. So we said,

0:23:17.440 --> 0:23:19.200
<v Speaker 1>you know what, we've had it for this long plus

0:23:19.200 --> 0:23:22.040
<v Speaker 1>plus we're talking Carter, it's entirely possible. He just started

0:23:22.040 --> 0:23:24.080
<v Speaker 1>contacting people and said, what's the US have that we

0:23:24.119 --> 0:23:27.040
<v Speaker 1>can sell or give back. It's a good point. Um.

0:23:27.840 --> 0:23:31.640
<v Speaker 1>So yeah, he he sold like one of the like

0:23:31.680 --> 0:23:34.880
<v Speaker 1>the presidential yacht was sold by him. I really yeah.

0:23:35.000 --> 0:23:37.680
<v Speaker 1>Why because he thought it was frivolous. That's awesome, um

0:23:37.760 --> 0:23:40.560
<v Speaker 1>and Panama Canal He's like, how about this, Let's get

0:23:40.640 --> 0:23:43.399
<v Speaker 1>rid of a significant portion of our economy. Anyway, he

0:23:43.440 --> 0:23:46.360
<v Speaker 1>gives it back after twenty years and on December thirty,

0:23:47.760 --> 0:23:50.439
<v Speaker 1>which is why I suspect they made it a twenty

0:23:50.480 --> 0:23:52.560
<v Speaker 1>year deal. Yeah, I mean they had to transition. You

0:23:52.560 --> 0:23:54.480
<v Speaker 1>can't just hand the keys over and be like all right,

0:23:54.640 --> 0:23:57.479
<v Speaker 1>send your crew in, right, but not only that, Like

0:23:57.600 --> 0:23:59.560
<v Speaker 1>why not a fifteen year deal or an eighteen year

0:23:59.560 --> 0:24:01.800
<v Speaker 1>deal or year deal. They went with twenty because it

0:24:01.880 --> 0:24:06.040
<v Speaker 1>was gonna end on December thirty millennium. Actually that didn't

0:24:06.040 --> 0:24:10.400
<v Speaker 1>start till two thousand one though, Right, yeah, but you know, okay,

0:24:10.960 --> 0:24:15.880
<v Speaker 1>it's symbolic, right, Okay, So the Panamanians take over and

0:24:16.040 --> 0:24:22.119
<v Speaker 1>um immediately start taking flak because the things aging traffics

0:24:22.200 --> 0:24:24.400
<v Speaker 1>jammed up. Yeah, they've done a good job with it, though,

0:24:24.400 --> 0:24:26.639
<v Speaker 1>it's it's just by nature of how things are. These

0:24:26.680 --> 0:24:30.320
<v Speaker 1>they are victims of circumstances. UM and five percent of

0:24:30.359 --> 0:24:32.880
<v Speaker 1>the world's trade goes through the Panama Canal. We sold

0:24:32.920 --> 0:24:35.280
<v Speaker 1>them a limit of a canal, right there. The millionth

0:24:35.359 --> 0:24:38.600
<v Speaker 1>ship UM went through in two thousand, ten hundred and

0:24:38.600 --> 0:24:41.760
<v Speaker 1>forty four thousand ships go through a year, and it's

0:24:41.800 --> 0:24:44.960
<v Speaker 1>a very narrow little strip. Yeah, you know what that means,

0:24:46.240 --> 0:24:49.359
<v Speaker 1>waiting in line, a lot of waiting in line. Plus

0:24:49.359 --> 0:24:52.199
<v Speaker 1>also there's an upper limit to the size ship that

0:24:52.280 --> 0:24:56.159
<v Speaker 1>can go through. It's called Panama Panamax is the is

0:24:56.160 --> 0:24:59.720
<v Speaker 1>the ship size. That's yeah, what a great name for

0:24:59.760 --> 0:25:03.400
<v Speaker 1>the guess ship that Panamax, what could be bigger than that? Well,

0:25:03.440 --> 0:25:06.400
<v Speaker 1>these ships that are called post Panama exactly, A lot

0:25:06.440 --> 0:25:08.959
<v Speaker 1>of shippers are like, you know what, I'm tired of waiting.

0:25:09.080 --> 0:25:12.800
<v Speaker 1>It's actually going to be more economical for me to

0:25:12.920 --> 0:25:15.240
<v Speaker 1>build a ship that can't go through the Panama Canal

0:25:15.560 --> 0:25:17.600
<v Speaker 1>but can hold a lot more and I'll just sail

0:25:17.680 --> 0:25:22.639
<v Speaker 1>around the lower part of South America. And um, that's

0:25:23.240 --> 0:25:27.320
<v Speaker 1>kind of increasingly happening. Plus, Nicaragua threatened to open their

0:25:27.359 --> 0:25:30.320
<v Speaker 1>own canal, So Panama says, okay, wait, wait, wait, let's

0:25:30.400 --> 0:25:32.320
<v Speaker 1>let's holl the referendum and see if we can expand

0:25:32.359 --> 0:25:34.920
<v Speaker 1>this thing and modernize it and save the canal. And

0:25:35.200 --> 0:25:38.080
<v Speaker 1>Panamanian said, yes, let's so in two thousand and six

0:25:38.080 --> 0:25:41.240
<v Speaker 1>they approved this third lane that's expected to be open

0:25:41.280 --> 0:25:44.520
<v Speaker 1>by two fourteen. That is Nicaragua still planning a canal.

0:25:44.640 --> 0:25:46.240
<v Speaker 1>I don't know. I don't know if that shot it

0:25:46.240 --> 0:25:48.600
<v Speaker 1>down or not. Well, and there's also talk now with

0:25:48.680 --> 0:25:53.560
<v Speaker 1>a northwest passage thanks to um what some people might say,

0:25:53.560 --> 0:25:56.879
<v Speaker 1>it's climate change and melting ice caps. There may be

0:25:57.000 --> 0:26:00.399
<v Speaker 1>a way to get there, um by land. Henry Hudson

0:26:00.560 --> 0:26:04.840
<v Speaker 1>is clapping in his grave. Um, So we'll see if

0:26:04.880 --> 0:26:06.680
<v Speaker 1>that happens. I don't know. I didn't get a chance

0:26:06.720 --> 0:26:08.960
<v Speaker 1>to really look into that research. And like, how real

0:26:09.119 --> 0:26:12.360
<v Speaker 1>is that? Right? Even still, the Panamanians will probably make

0:26:12.440 --> 0:26:17.280
<v Speaker 1>their UM five point to five billion investment back eventually,

0:26:17.480 --> 0:26:20.640
<v Speaker 1>although it took the US good forty years to make

0:26:20.720 --> 0:26:25.040
<v Speaker 1>four million back. Yeah, yeah, I think thee when they

0:26:25.040 --> 0:26:28.560
<v Speaker 1>finally broke even. Huh that's crazy. Yeah, And um, you

0:26:28.600 --> 0:26:30.840
<v Speaker 1>break even by charging a toll. I don't think we

0:26:30.880 --> 0:26:36.200
<v Speaker 1>even mentioned that. You obviously, like any way station or passage,

0:26:36.200 --> 0:26:39.560
<v Speaker 1>you gotta pay according to how what how much stuff

0:26:39.600 --> 0:26:42.359
<v Speaker 1>you got, right, It's like I think the record is

0:26:43.119 --> 0:26:44.520
<v Speaker 1>I looked it up. It was like a hundred fifty

0:26:44.920 --> 0:26:47.199
<v Speaker 1>or something. Yeah, they do it by ton in. The

0:26:47.240 --> 0:26:50.359
<v Speaker 1>thing is is if you are, um carrying a lot

0:26:50.440 --> 0:26:54.639
<v Speaker 1>of really expensive natural gas, right, you're gonna pay a

0:26:54.720 --> 0:26:57.240
<v Speaker 1>lesser toll than if you're carrying a bunch of less

0:26:57.240 --> 0:27:01.240
<v Speaker 1>expensive or even equally expensive coal, which isn't fair. And

0:27:01.280 --> 0:27:04.159
<v Speaker 1>if you're if you're transporting a lot of raw steel,

0:27:04.240 --> 0:27:06.840
<v Speaker 1>why should you pay more? So they're they're trying to

0:27:06.840 --> 0:27:09.760
<v Speaker 1>figure out a new toll system, especially for the newly

0:27:09.840 --> 0:27:13.920
<v Speaker 1>expanded version of the canal um that takes into account

0:27:13.960 --> 0:27:16.680
<v Speaker 1>the value of the of what's on board rather than

0:27:16.760 --> 0:27:19.480
<v Speaker 1>just the weight, right, So they should make a little

0:27:19.480 --> 0:27:21.560
<v Speaker 1>more money that way. Yeah. I don't know if this

0:27:21.640 --> 0:27:24.399
<v Speaker 1>is still accurate, but the record that I have is

0:27:24.400 --> 0:27:27.680
<v Speaker 1>a hundred and fifty three thousand dollars, six hundred and

0:27:27.680 --> 0:27:31.119
<v Speaker 1>fifty three thousand, six hundred and sixty two and the

0:27:31.200 --> 0:27:35.320
<v Speaker 1>cheapest was when a dude swam across it. Any weighed

0:27:35.320 --> 0:27:37.120
<v Speaker 1>like a hundred and fifty pounds, and so they charged

0:27:37.160 --> 0:27:40.720
<v Speaker 1>them what like thirty cents. Yeah, that back in Richard

0:27:40.720 --> 0:27:44.080
<v Speaker 1>Halliburton and he swam the Panama Canal, and I guess

0:27:44.119 --> 0:27:46.200
<v Speaker 1>it was some sort of publicity stunt. I'm sure people

0:27:46.280 --> 0:27:48.399
<v Speaker 1>love doing stuff like that back then. Yeah. But if

0:27:48.440 --> 0:27:53.320
<v Speaker 1>you look at this um this high speed route on YouTube,

0:27:53.640 --> 0:27:56.520
<v Speaker 1>it's pretty neat and there's a lot of times you're like, oh,

0:27:56.760 --> 0:27:59.080
<v Speaker 1>look out for that boat, and then it turns you're like, okay,

0:27:59.320 --> 0:28:01.720
<v Speaker 1>so there's a lot of activity out there. Yeah, you know,

0:28:01.760 --> 0:28:04.800
<v Speaker 1>it's not a pleasure cruise. Well no, and it's not

0:28:05.000 --> 0:28:07.720
<v Speaker 1>one ship at a time. They have, like you said,

0:28:07.880 --> 0:28:11.760
<v Speaker 1>two way traffic, right, that's right, and they try to

0:28:11.840 --> 0:28:14.240
<v Speaker 1>keep them going through as efficiently as possible. And I

0:28:14.240 --> 0:28:19.720
<v Speaker 1>should say also, um, the the um the new locks

0:28:19.760 --> 0:28:23.320
<v Speaker 1>that they have can serve about six of the water used,

0:28:23.359 --> 0:28:27.000
<v Speaker 1>so they'll address a lot of environmental concerns hopefully. I

0:28:27.080 --> 0:28:30.840
<v Speaker 1>got a couple of little facts here if you're interested. Uh,

0:28:30.880 --> 0:28:33.159
<v Speaker 1>the entrance to the canal in the Atlantic side is

0:28:33.160 --> 0:28:36.520
<v Speaker 1>twenty two and a half miles west of the Pacific entrance,

0:28:37.160 --> 0:28:40.240
<v Speaker 1>which is interesting because it has a unique S shape.

0:28:40.800 --> 0:28:47.080
<v Speaker 1>And then, um, the locks themselves are seven ft thick each,

0:28:48.480 --> 0:28:50.480
<v Speaker 1>So if you're wondering how to keep out that much water,

0:28:50.960 --> 0:28:53.800
<v Speaker 1>like to to basically damn up the oceans, you need

0:28:53.880 --> 0:28:58.480
<v Speaker 1>to do it with seven foot thick concrete. Um. The

0:28:58.480 --> 0:29:02.240
<v Speaker 1>workforce is paname in right now, which is pretty great.

0:29:03.120 --> 0:29:06.480
<v Speaker 1>And uh, it's about all. I got. Sixty million pounds

0:29:06.520 --> 0:29:09.840
<v Speaker 1>of dynamite was used to construct this thing. That's some

0:29:09.960 --> 0:29:13.640
<v Speaker 1>nice stats. Chuck, Yeah, it's not bad. Cool You got

0:29:13.680 --> 0:29:15.560
<v Speaker 1>anything else then? No, all the rest of these are

0:29:15.640 --> 0:29:20.480
<v Speaker 1>kind of boring. Panama Canal forever. Uh. If you want

0:29:20.520 --> 0:29:22.040
<v Speaker 1>to learn more about the Panama can now, you can

0:29:22.080 --> 0:29:24.640
<v Speaker 1>read this very good article on how stuff works dot

0:29:24.640 --> 0:29:27.560
<v Speaker 1>com type in Panama Canal or turning a run canal.

0:29:28.040 --> 0:29:30.920
<v Speaker 1>See what happens when you do the ladder. Um, Chuck,

0:29:31.000 --> 0:29:52.080
<v Speaker 1>hold on, let's let's take a message break. Huh, it

0:29:52.280 --> 0:29:55.680
<v Speaker 1>is time for a listener mail, Josh, I'm gonna call

0:29:55.720 --> 0:29:59.000
<v Speaker 1>this one listener mail about listener mail. Hey guys, I'm

0:29:59.000 --> 0:30:02.120
<v Speaker 1>currently on the seven train heading to Queens for Manhattan

0:30:02.600 --> 0:30:04.479
<v Speaker 1>after a long day of working as an auditor at

0:30:04.480 --> 0:30:07.600
<v Speaker 1>a C p A firm. Um, as usual, I'm listening

0:30:07.640 --> 0:30:10.200
<v Speaker 1>to your podcast. This time it was the death Mask episode,

0:30:10.760 --> 0:30:14.160
<v Speaker 1>and you're concluding with a listener mail. And this is instance.

0:30:14.280 --> 0:30:19.240
<v Speaker 1>It was from Martha regarding peak oil. And I think

0:30:19.280 --> 0:30:22.760
<v Speaker 1>Martha was talking about the auditing of oil reserves. And

0:30:22.960 --> 0:30:25.400
<v Speaker 1>he says this to Marda. She was correct for the

0:30:25.400 --> 0:30:27.719
<v Speaker 1>most part, regarding the audit of oil reserves held by

0:30:27.840 --> 0:30:31.160
<v Speaker 1>entities whose stocks may be publicly traded on the stock market.

0:30:31.680 --> 0:30:34.040
<v Speaker 1>Just one thing. I was so a gas by that

0:30:34.080 --> 0:30:36.160
<v Speaker 1>I felt I needed to type this from my phone

0:30:36.240 --> 0:30:38.920
<v Speaker 1>as I'm on the train. Still, the SEC does not

0:30:39.120 --> 0:30:43.240
<v Speaker 1>perform any audits of its own on these companies. It

0:30:43.360 --> 0:30:45.520
<v Speaker 1>is firms like the one I work for that audit

0:30:45.560 --> 0:30:51.040
<v Speaker 1>these companies, albeit under SEC guidelines. Actually p C a

0:30:51.360 --> 0:30:54.920
<v Speaker 1>O B public company audit oversight board guidelines and if

0:30:54.920 --> 0:30:57.880
<v Speaker 1>you want to get technical, uh, the SEC may perform

0:30:57.960 --> 0:30:59.920
<v Speaker 1>a type of audit, but when they do, there you

0:31:00.000 --> 0:31:03.000
<v Speaker 1>really auditing an audit firm or an audit that has

0:31:03.160 --> 0:31:06.239
<v Speaker 1>already been done by an audit firm as part of

0:31:06.280 --> 0:31:10.720
<v Speaker 1>some kind of investigation. What So they'll audit an audit

0:31:10.760 --> 0:31:13.120
<v Speaker 1>like the SEC does an audit. So it's a long

0:31:13.120 --> 0:31:15.400
<v Speaker 1>and sort of it. I've said audit club finds. I've

0:31:15.520 --> 0:31:17.920
<v Speaker 1>actually been through one of these audits and it is

0:31:17.920 --> 0:31:20.160
<v Speaker 1>no fun at all. For some reason, it seems everyone

0:31:21.240 --> 0:31:24.600
<v Speaker 1>whom works at the SEC is what you stereotypically picture

0:31:24.640 --> 0:31:27.240
<v Speaker 1>as an accountant with no humor. Plus the word audit

0:31:27.280 --> 0:31:29.640
<v Speaker 1>loses all meaning when you hear it. That's right. I

0:31:29.760 --> 0:31:31.800
<v Speaker 1>digress though, Guys. If you pull up a ten K

0:31:32.200 --> 0:31:35.040
<v Speaker 1>annual filing for any public company, you can see in

0:31:35.080 --> 0:31:38.959
<v Speaker 1>the audit opinion the audit firm which performed the audit

0:31:39.120 --> 0:31:42.080
<v Speaker 1>for that particular year. I hope that clears things up.

0:31:42.200 --> 0:31:45.360
<v Speaker 1>Henrik Gomez and Henry I'm not sure if that cleared

0:31:45.400 --> 0:31:48.080
<v Speaker 1>it up, but um, if I was an accountant, I

0:31:48.080 --> 0:31:51.760
<v Speaker 1>would probably say, yes, very much clear things, very nice,

0:31:52.320 --> 0:31:54.160
<v Speaker 1>Thank you very much, Henry. That was very nice of

0:31:54.200 --> 0:31:56.720
<v Speaker 1>you to correct somebody who is correcting us. Yeah, and

0:31:56.760 --> 0:31:59.120
<v Speaker 1>I'm sorry, I'm sorry. You gotta take that. Thank you.

0:31:59.200 --> 0:32:02.479
<v Speaker 1>Seven train man? Is that a terrible train? Do that one?

0:32:02.480 --> 0:32:04.600
<v Speaker 1>It's like it's the old red train that looks like

0:32:04.640 --> 0:32:07.400
<v Speaker 1>it's about to fall off. It's like the midnight Meat train. Yeah,

0:32:07.480 --> 0:32:11.040
<v Speaker 1>have you seen that? Now? What's midnight meat? That's a

0:32:11.120 --> 0:32:13.680
<v Speaker 1>midnight meat train. It's got Vinny Jones and Bradley Cooper

0:32:13.720 --> 0:32:17.080
<v Speaker 1>in it. It's actually based on a Clive Barker short story,

0:32:17.520 --> 0:32:19.280
<v Speaker 1>because that's an old joke between me and my friend

0:32:19.280 --> 0:32:23.160
<v Speaker 1>p J, who've met I believe. Yeah, he cookouts famously.

0:32:23.280 --> 0:32:26.080
<v Speaker 1>PJ is a great chef home chef, but he was

0:32:26.600 --> 0:32:29.000
<v Speaker 1>so he would typically take so long we referred to

0:32:29.080 --> 0:32:31.720
<v Speaker 1>his meals as midnight meat. And then I made a

0:32:31.760 --> 0:32:34.120
<v Speaker 1>joke about cold cooking a steak one time night because

0:32:34.120 --> 0:32:36.800
<v Speaker 1>it took like twenty four hours. Yeah, no, that's definitely okay.

0:32:37.000 --> 0:32:39.160
<v Speaker 1>This is not a slam on PJ. No, we love

0:32:39.240 --> 0:32:42.960
<v Speaker 1>the midnight Meat. Uh, if you have anything you want

0:32:43.040 --> 0:32:44.600
<v Speaker 1>us to know, if you want to correct somebody who's

0:32:44.600 --> 0:32:47.240
<v Speaker 1>corrected us, or you just want to say hi whatever.

0:32:47.680 --> 0:32:50.320
<v Speaker 1>You can tweet to us at s Y s K podcast.

0:32:50.440 --> 0:32:52.640
<v Speaker 1>You can join us on Facebook, dot com Slice Stuff

0:32:52.640 --> 0:32:54.080
<v Speaker 1>you Should Know. You can always find us on our

0:32:54.080 --> 0:33:01.520
<v Speaker 1>website Right that's right, Stuff you Should Know dot com.

0:33:01.560 --> 0:33:04.120
<v Speaker 1>For more on this and thousands of other topics, visit

0:33:04.160 --> 0:33:11.000
<v Speaker 1>how Stuff Works dot com. H