1 00:00:00,720 --> 00:00:03,680 Speaker 1: Hey, guys, ready or not, twenty twenty four is here 2 00:00:03,800 --> 00:00:06,280 Speaker 1: and we here at breaking points, are already thinking of 3 00:00:06,320 --> 00:00:08,559 Speaker 1: ways we can up our game for this critical election. 4 00:00:08,760 --> 00:00:11,680 Speaker 2: We rely on our premium subs to expand coverage, upgrade 5 00:00:11,680 --> 00:00:15,080 Speaker 2: the studio ad staff give you, guys, the best independent 6 00:00:15,120 --> 00:00:17,400 Speaker 2: coverage that is possible. If you like what we're all about, 7 00:00:17,640 --> 00:00:20,040 Speaker 2: it just means the absolute world to have your support. 8 00:00:20,120 --> 00:00:39,280 Speaker 2: But enough with that, let's get to the show. Good morning, everybody, 9 00:00:39,320 --> 00:00:41,920 Speaker 2: Happy Tuesday. We have an amazing show for everybody today. 10 00:00:41,920 --> 00:00:42,720 Speaker 2: What do we have Bristol? 11 00:00:42,840 --> 00:00:45,839 Speaker 1: Indeed, we do lots of things that are happening this morning. 12 00:00:46,280 --> 00:00:48,400 Speaker 1: So first we want to dig into some comments that 13 00:00:48,640 --> 00:00:52,479 Speaker 1: Brazil's president Lula made that are igniting firestorm over Ukraine 14 00:00:52,479 --> 00:00:53,880 Speaker 1: and how we should approach it and Russia and all 15 00:00:53,920 --> 00:00:55,560 Speaker 1: of that good stuff. So we will dig into all 16 00:00:55,600 --> 00:00:58,680 Speaker 1: of that. We also have listen, we haven't been talking 17 00:00:58,680 --> 00:01:01,000 Speaker 1: about it for a while, but the debtsy is fast approaching. 18 00:01:01,480 --> 00:01:04,080 Speaker 1: Kevin McCarthy went to Wall Street to make his pitch, 19 00:01:04,080 --> 00:01:05,920 Speaker 1: which was kind of an interesting choice. We still don't 20 00:01:05,920 --> 00:01:08,320 Speaker 1: have a lot of details about what the Republican proposal is, 21 00:01:08,520 --> 00:01:09,759 Speaker 1: so I'll give you all of. 22 00:01:09,640 --> 00:01:10,920 Speaker 3: That breakdown as well. 23 00:01:11,319 --> 00:01:14,640 Speaker 1: Nikki Hayley Weed last was it last week that her 24 00:01:14,760 --> 00:01:18,520 Speaker 1: sundraising members come out? We covered how Okay, it's pretty impressive. 25 00:01:18,640 --> 00:01:21,479 Speaker 1: Hall turns out she was lying about how much money 26 00:01:21,640 --> 00:01:22,119 Speaker 1: she brought. 27 00:01:22,120 --> 00:01:23,759 Speaker 2: It totally cooked, using some. 28 00:01:23,800 --> 00:01:27,080 Speaker 1: Clever accounting tricks or as someone in a different era 29 00:01:27,200 --> 00:01:30,319 Speaker 1: might have said, fuzzy math to get there. So we'll 30 00:01:30,440 --> 00:01:32,720 Speaker 1: very down that for you as well. And also, I 31 00:01:32,760 --> 00:01:35,000 Speaker 1: know a lot of people out there got to be disappointed. 32 00:01:35,760 --> 00:01:39,440 Speaker 1: Mike Pompeo is not running for president in twenty twenty four, 33 00:01:39,600 --> 00:01:41,520 Speaker 1: So I'm sorry to break it to all of you, 34 00:01:41,640 --> 00:01:43,360 Speaker 1: but that is what we can tell you this morning. 35 00:01:43,440 --> 00:01:46,200 Speaker 1: We also have Elon musk Wang in on the threat 36 00:01:46,240 --> 00:01:47,920 Speaker 1: of Ai Sager and I will talk a little bit 37 00:01:47,920 --> 00:01:50,600 Speaker 1: about that and how exactly you would regulate it if 38 00:01:50,600 --> 00:01:53,720 Speaker 1: you did want to do that. And it looks like 39 00:01:53,840 --> 00:01:57,200 Speaker 1: the Fox News domainion trial is moving forward today. It 40 00:01:57,240 --> 00:01:59,600 Speaker 1: was postponed by one day because it looked like Fox 41 00:01:59,680 --> 00:02:02,160 Speaker 1: was trying to settle in advance. I guess they did 42 00:02:02,160 --> 00:02:03,880 Speaker 1: not come to a settlement. So the trial is set 43 00:02:03,920 --> 00:02:06,000 Speaker 1: to commence today, so we'll tell you what we know 44 00:02:06,120 --> 00:02:08,720 Speaker 1: about that as well. And Carson Rocana is set to 45 00:02:08,760 --> 00:02:11,079 Speaker 1: be here in the studio to talk about why Dianne 46 00:02:11,120 --> 00:02:14,120 Speaker 1: Feinstein should go ahead and step down. Before we get 47 00:02:14,120 --> 00:02:16,080 Speaker 1: to any of that though, Spotify Video. 48 00:02:16,040 --> 00:02:16,560 Speaker 4: Yes, that's right. 49 00:02:16,639 --> 00:02:19,480 Speaker 2: I know everyone probably knows at this point, but for 50 00:02:19,520 --> 00:02:21,720 Speaker 2: the very last few people on Earth who haven't heard, 51 00:02:21,800 --> 00:02:25,120 Speaker 2: Premium members can get video on Spotify. Take advantage of it. 52 00:02:25,160 --> 00:02:27,440 Speaker 2: Breakingpoints dot Com support our work here. You get to 53 00:02:27,480 --> 00:02:29,280 Speaker 2: watch the full show over there, and I know a 54 00:02:29,280 --> 00:02:31,560 Speaker 2: lot of people are taking advantage. But with that, let's 55 00:02:31,560 --> 00:02:34,160 Speaker 2: actually begin with the show. We wanted to talk a 56 00:02:34,160 --> 00:02:36,880 Speaker 2: little bit about the global situation. They are two separate 57 00:02:36,880 --> 00:02:39,920 Speaker 2: parts here. First is how foreign leaders and a constant 58 00:02:39,960 --> 00:02:42,160 Speaker 2: theme of what we've been trying to discuss in recent 59 00:02:42,200 --> 00:02:44,919 Speaker 2: weeks is not only from the revelations on the classified 60 00:02:44,960 --> 00:02:47,000 Speaker 2: documents about the way that the rest of the world 61 00:02:47,200 --> 00:02:48,799 Speaker 2: does not really agree with us in the way that 62 00:02:48,919 --> 00:02:53,079 Speaker 2: Ukraine the Ukraine conflict is being handled, but specifically many 63 00:02:53,400 --> 00:02:56,720 Speaker 2: very close and important US allies. Namely one of them 64 00:02:56,800 --> 00:03:00,200 Speaker 2: is Brazil and the newly elected president Lula, who actually, 65 00:03:00,240 --> 00:03:04,960 Speaker 2: in a recent interview with CNN and other outlets in Brazil, 66 00:03:05,040 --> 00:03:07,679 Speaker 2: made some of his most stunning comments yet let's go 67 00:03:07,720 --> 00:03:11,040 Speaker 2: ahead and play this for everybody. We have subtitles that 68 00:03:11,080 --> 00:03:13,280 Speaker 2: I can go ahead and read from, So let's go 69 00:03:13,320 --> 00:03:17,560 Speaker 2: ahead and play this vo Patients is needed to talk 70 00:03:17,760 --> 00:03:19,760 Speaker 2: with the President of Russia takes patients to talk with 71 00:03:19,800 --> 00:03:23,840 Speaker 2: the President of Ukraine. He specifically goes ahead and says, 72 00:03:23,880 --> 00:03:26,000 Speaker 2: but we have to above all convince the countries that 73 00:03:26,040 --> 00:03:30,080 Speaker 2: are supplying weapons encouraging war to stop. This is a 74 00:03:30,080 --> 00:03:32,000 Speaker 2: direct call out of the US. I think China has 75 00:03:32,040 --> 00:03:34,720 Speaker 2: a very important role. I keep reiterating that China has 76 00:03:34,760 --> 00:03:38,320 Speaker 2: possibly the most important role. Now another important country is 77 00:03:38,360 --> 00:03:41,440 Speaker 2: the United States. That is, the United States needs to 78 00:03:41,560 --> 00:03:46,760 Speaker 2: stop encouraging war and start talking about peace. The European 79 00:03:46,880 --> 00:03:49,680 Speaker 2: Union needs to start talking about peace as well, in 80 00:03:49,760 --> 00:03:53,320 Speaker 2: order to be able to convince Putin and Zelenski that 81 00:03:53,440 --> 00:03:57,600 Speaker 2: peace interests everybody and the war only interests the two 82 00:03:57,760 --> 00:03:58,119 Speaker 2: of them. 83 00:03:58,240 --> 00:04:00,200 Speaker 4: So those are significant common. 84 00:04:00,480 --> 00:04:02,720 Speaker 2: Of course, you know, you can dispute the characterization, but 85 00:04:02,880 --> 00:04:04,560 Speaker 2: I don't think it's a mistake that he made that 86 00:04:04,960 --> 00:04:08,040 Speaker 2: comment while he was in China. And one of the 87 00:04:08,040 --> 00:04:11,320 Speaker 2: reasons he is in China is we have this, you know, 88 00:04:11,400 --> 00:04:14,240 Speaker 2: theory that everything kind of revolves around us. Yeah, the 89 00:04:14,320 --> 00:04:17,760 Speaker 2: reason he was there was because of past comments about 90 00:04:17,800 --> 00:04:21,640 Speaker 2: pricing oil deals between the two outside of the US dollars. 91 00:04:21,680 --> 00:04:23,800 Speaker 2: So this is kind of a double whammy against the 92 00:04:23,960 --> 00:04:26,279 Speaker 2: US because it's both a shot at the Petro dollar 93 00:04:26,320 --> 00:04:29,360 Speaker 2: and the visit itself. But second it is a call 94 00:04:29,440 --> 00:04:32,440 Speaker 2: out and really an implicit saying that, like, we don't 95 00:04:32,480 --> 00:04:35,039 Speaker 2: agree with you at all in the way that you 96 00:04:35,120 --> 00:04:38,039 Speaker 2: are handling this conflict. Now, of course we can have 97 00:04:38,120 --> 00:04:42,880 Speaker 2: the caveats like Russia invaded Ukraine, et cetera, Ukraine's defendings. 98 00:04:43,160 --> 00:04:47,279 Speaker 2: All that said, like what he India, many South Korea, 99 00:04:47,360 --> 00:04:50,800 Speaker 2: other country, Japan, and others have all come around to 100 00:04:50,800 --> 00:04:54,359 Speaker 2: the conclusion of is we don't believe that continuing to 101 00:04:54,480 --> 00:04:57,360 Speaker 2: just flow weapons in here is the best possible way 102 00:04:57,400 --> 00:05:00,480 Speaker 2: to achieve piece that was originally sold to the global 103 00:05:00,520 --> 00:05:02,440 Speaker 2: community and to the American people and most of the. 104 00:05:02,360 --> 00:05:05,760 Speaker 1: West leaders that represent an overwhelming majority of the world 105 00:05:05,800 --> 00:05:08,680 Speaker 1: share a very similar view to what Lula is articulating here, 106 00:05:08,720 --> 00:05:12,440 Speaker 1: but it's a view that is almost completely invisibilized within 107 00:05:12,560 --> 00:05:17,039 Speaker 1: the US Western press mainstream, and when it is articulated, 108 00:05:17,080 --> 00:05:19,719 Speaker 1: you know, you get accused of being pro war Russians 109 00:05:19,720 --> 00:05:21,400 Speaker 1: for all those sorts of things. You guys know how 110 00:05:21,440 --> 00:05:24,560 Speaker 1: it goes. I think it's important to listen to these voices. 111 00:05:24,640 --> 00:05:25,159 Speaker 3: Number one. 112 00:05:25,320 --> 00:05:27,640 Speaker 1: Number two, I don't know how you can really dispute 113 00:05:27,839 --> 00:05:30,640 Speaker 1: at this point, at this point in the game, that 114 00:05:30,680 --> 00:05:33,359 Speaker 1: the US has encouraged this war to go on, because 115 00:05:33,360 --> 00:05:36,680 Speaker 1: we have multiple instances of the US and the UK 116 00:05:36,800 --> 00:05:41,400 Speaker 1: in particular intervening to block any potential piece deals from 117 00:05:41,400 --> 00:05:43,000 Speaker 1: ever getting off the ground. 118 00:05:43,360 --> 00:05:45,640 Speaker 3: So that's number one. Number two. 119 00:05:45,839 --> 00:05:48,440 Speaker 1: One of the things that we unearthed in those leak 120 00:05:48,520 --> 00:05:51,040 Speaker 1: documents that I don't was it reported anywhere else, I'm 121 00:05:51,080 --> 00:05:55,040 Speaker 1: not sure, was that Russia was open to the proposal 122 00:05:55,080 --> 00:05:59,080 Speaker 1: from Brazil to work together with a number of other 123 00:06:00,120 --> 00:06:03,400 Speaker 1: unaligned countries in order to try to broke our peace deal. 124 00:06:03,520 --> 00:06:06,120 Speaker 3: Now, is Russia genuine? Would this actually who knows? 125 00:06:06,120 --> 00:06:06,679 Speaker 2: Who knows? 126 00:06:06,760 --> 00:06:09,560 Speaker 1: We don't know, But the fact that you know, our 127 00:06:09,600 --> 00:06:12,159 Speaker 1: folks know that Russia is actually opened to the sort 128 00:06:12,240 --> 00:06:15,839 Speaker 1: of approaches from Brazil and that there's a possibility of 129 00:06:15,880 --> 00:06:19,719 Speaker 1: restarting some sort of diplomatic negotiation, something that Zelenski himself 130 00:06:19,800 --> 00:06:22,200 Speaker 1: is not put off the table, even as the US 131 00:06:22,480 --> 00:06:26,039 Speaker 1: has stood firmly against any sort of negotiations at the 132 00:06:26,080 --> 00:06:28,120 Speaker 1: present time. So I think that's important to note as well. 133 00:06:28,240 --> 00:06:29,680 Speaker 2: Yeah, and let's go and put the next one up here, 134 00:06:29,680 --> 00:06:32,360 Speaker 2: because this shows you even bigger the cracks that are 135 00:06:32,360 --> 00:06:35,440 Speaker 2: remaining in the Western Alliance. It says EU leaders beat 136 00:06:35,480 --> 00:06:39,040 Speaker 2: a path to shes door seeking China's help. This again 137 00:06:39,200 --> 00:06:43,719 Speaker 2: underscores not only the French President Emmanuel Macrone's state visit 138 00:06:43,760 --> 00:06:47,680 Speaker 2: to Beijing and the EU commissioned President Ursula vander Lyon, 139 00:06:47,920 --> 00:06:51,160 Speaker 2: but also the Spanish Prime Minister. The German Foreign Minister 140 00:06:51,440 --> 00:06:54,960 Speaker 2: arrived in the northeastern part on Thursday. Olaf Schaltz was 141 00:06:54,960 --> 00:06:58,000 Speaker 2: there in November. The EU Foreign Policy chief is going 142 00:06:58,040 --> 00:07:00,000 Speaker 2: to be in China that or was going to schedule 143 00:07:00,080 --> 00:07:02,480 Speaker 2: be in China this week, but he tested positive apparently 144 00:07:02,800 --> 00:07:07,239 Speaker 2: for COVID. There are so many high profile Western leaders 145 00:07:07,560 --> 00:07:12,440 Speaker 2: that are trekking to Beijing for one specific purpose. Obviously 146 00:07:12,720 --> 00:07:15,840 Speaker 2: they want especially the ones who are not the UK 147 00:07:15,960 --> 00:07:18,400 Speaker 2: and the US. I guess the anglosphere you could say, 148 00:07:18,640 --> 00:07:22,080 Speaker 2: are the ones who have a direct economic interest in 149 00:07:22,160 --> 00:07:25,280 Speaker 2: getting the conflict done as soon as possible, have never 150 00:07:25,320 --> 00:07:28,960 Speaker 2: really agreed with the US view of how things are 151 00:07:28,960 --> 00:07:31,960 Speaker 2: going to go, and view the Chinese offer of peace 152 00:07:32,280 --> 00:07:35,080 Speaker 2: not necessarily as genuine, but as a possible off ramp 153 00:07:35,080 --> 00:07:38,200 Speaker 2: for what has been an economic disaster for their economies, 154 00:07:38,240 --> 00:07:41,920 Speaker 2: and they view their offer of being able to have 155 00:07:42,000 --> 00:07:46,000 Speaker 2: some sort of broker as not only legitimate, but very important. 156 00:07:46,080 --> 00:07:50,120 Speaker 2: And this again is a big problem for America, who 157 00:07:50,120 --> 00:07:53,280 Speaker 2: has long been the at least wanted to be the 158 00:07:53,320 --> 00:07:56,600 Speaker 2: global peacemaker at the center of the deal. We've effectively 159 00:07:56,760 --> 00:08:00,240 Speaker 2: removed ourselves from this entire process, and the rest of 160 00:08:00,280 --> 00:08:03,520 Speaker 2: global public opinion as well as global diplomacy seems to 161 00:08:03,560 --> 00:08:06,200 Speaker 2: be coalescing away from US. This is actually a first 162 00:08:06,200 --> 00:08:08,760 Speaker 2: in a very long time. But I think basically since 163 00:08:08,800 --> 00:08:12,600 Speaker 2: Iraq that such a thing has happened, Crystal, you were watching, 164 00:08:12,880 --> 00:08:16,680 Speaker 2: you know, a global consensus form without the US at 165 00:08:16,680 --> 00:08:18,680 Speaker 2: the center of the table. I don't have to tell 166 00:08:18,720 --> 00:08:21,200 Speaker 2: everyone again why that's a problem in terms of trying 167 00:08:21,200 --> 00:08:24,040 Speaker 2: to get our stuff done. Whenever we decide to directly 168 00:08:24,040 --> 00:08:26,000 Speaker 2: pick a horse in the race and not necessarily be 169 00:08:26,040 --> 00:08:29,520 Speaker 2: seen as a possible broker or even you know, possible 170 00:08:30,320 --> 00:08:34,760 Speaker 2: a fair person between all parties. And then similarly, what 171 00:08:34,840 --> 00:08:38,080 Speaker 2: we continue to see is this is going this is 172 00:08:38,120 --> 00:08:41,320 Speaker 2: becoming a mainstream view. It's not just here on breaking 173 00:08:41,360 --> 00:08:45,040 Speaker 2: points that we're talking about. I'm now watching Larry Summers 174 00:08:45,320 --> 00:08:48,720 Speaker 2: talk about how he's at the IMF and how other 175 00:08:48,800 --> 00:08:52,600 Speaker 2: countries no longer care as much what America thinks. And listen, 176 00:08:52,760 --> 00:08:55,520 Speaker 2: Summers is wrong about a lot, but I think he's 177 00:08:55,559 --> 00:08:58,200 Speaker 2: a good of I think he is a good like 178 00:08:58,400 --> 00:09:02,360 Speaker 2: fair Weather in terms of established what is now okay 179 00:09:02,400 --> 00:09:05,880 Speaker 2: to say in the established Yeah, and it's not just Summers, 180 00:09:06,040 --> 00:09:09,200 Speaker 2: you know, you have like Thomas Friedman, people like that 181 00:09:09,280 --> 00:09:11,480 Speaker 2: who are out there watching what China did between Saudi 182 00:09:11,520 --> 00:09:15,440 Speaker 2: Arabia and Iran, watching how Lula is reacting, how looking 183 00:09:15,480 --> 00:09:18,640 Speaker 2: at how India is looking at how we're basically browbeating 184 00:09:18,800 --> 00:09:21,400 Speaker 2: the South Koreans, looking at the fact that the Japanese 185 00:09:21,440 --> 00:09:23,680 Speaker 2: just two weeks ago said yeah, you know, we're gonna 186 00:09:23,720 --> 00:09:26,480 Speaker 2: go and buy Russian oil above the price gap and 187 00:09:26,520 --> 00:09:29,760 Speaker 2: we just don't really care about whatever your Western stuff, Like, 188 00:09:29,800 --> 00:09:32,000 Speaker 2: how can you look at that fate? And then all 189 00:09:32,040 --> 00:09:34,720 Speaker 2: of these leaders trekking to Beijing and say, like, America 190 00:09:34,840 --> 00:09:37,360 Speaker 2: is cut right now at the center of the action 191 00:09:37,720 --> 00:09:39,920 Speaker 2: and is where the you know, everything. 192 00:09:39,679 --> 00:09:40,400 Speaker 4: Is revolving around. 193 00:09:40,440 --> 00:09:43,760 Speaker 2: It's just simply it's increasingly becoming not the case. Ye, 194 00:09:43,960 --> 00:09:47,080 Speaker 2: that causes a lot of problems for US, not only economically, 195 00:09:47,120 --> 00:09:49,360 Speaker 2: but really diplomatically in the future. 196 00:09:49,440 --> 00:09:50,240 Speaker 3: Well, there's a lot. 197 00:09:50,320 --> 00:09:52,800 Speaker 1: I mean to back up for a second, just to 198 00:09:53,160 --> 00:09:56,680 Speaker 1: put things at a high level, the US perceives it 199 00:09:56,760 --> 00:10:00,160 Speaker 1: to be in our interest to maintain a unipolar world. 200 00:10:00,800 --> 00:10:03,560 Speaker 1: Basically everybody else in the world perceives it to be 201 00:10:03,559 --> 00:10:05,800 Speaker 1: in their interest to have a multipolar world. I mean, 202 00:10:05,840 --> 00:10:07,080 Speaker 1: that's basically the reality. 203 00:10:07,240 --> 00:10:07,400 Speaker 2: Now. 204 00:10:07,400 --> 00:10:10,200 Speaker 1: Personally, I think it's arguable that it's that it only 205 00:10:10,200 --> 00:10:12,840 Speaker 1: comes with benefits to have a unipolar world because part 206 00:10:12,840 --> 00:10:15,400 Speaker 1: of what that comes with is this overstretched military and 207 00:10:15,520 --> 00:10:18,160 Speaker 1: all of the you know, obligations that we take onto. 208 00:10:18,000 --> 00:10:19,640 Speaker 3: Ourselves to police the entire world. 209 00:10:19,840 --> 00:10:22,120 Speaker 1: We'll put that debate aside for another day, because what's 210 00:10:22,160 --> 00:10:24,760 Speaker 1: clear is the US obviously thinks we should maintain a 211 00:10:24,840 --> 00:10:27,839 Speaker 1: unipolar world. That's why we're fighting Russia and Ukraine. That's 212 00:10:27,840 --> 00:10:30,199 Speaker 1: why we're ratcheting up tensions with China, our two main 213 00:10:30,240 --> 00:10:33,120 Speaker 1: multipolar rivals. And it's why the rest of the world 214 00:10:33,160 --> 00:10:35,679 Speaker 1: sees this all very differently because you know, you see 215 00:10:35,720 --> 00:10:37,880 Speaker 1: it with the EU. Okay, they're on our side in 216 00:10:37,960 --> 00:10:43,240 Speaker 1: this Ukrainian fight sort of partially right, but they're not 217 00:10:43,280 --> 00:10:45,160 Speaker 1: so sure they're going to align with us. If you know, 218 00:10:45,400 --> 00:10:47,200 Speaker 1: something came down the pike in the future and you 219 00:10:47,240 --> 00:10:49,760 Speaker 1: had China invade Taiwan and we tried to take an 220 00:10:49,760 --> 00:10:52,040 Speaker 1: aggressive stance and levy the same sort of sanctions we 221 00:10:52,040 --> 00:10:55,319 Speaker 1: did against Russia, there's no indication that they're going to 222 00:10:55,360 --> 00:10:57,319 Speaker 1: be with us on that. So I think that's a 223 00:10:57,400 --> 00:11:00,480 Speaker 1: really important thing to keep in mind as we imagine 224 00:11:00,480 --> 00:11:00,920 Speaker 1: what the future. 225 00:11:00,920 --> 00:11:02,760 Speaker 2: I alos said that because you know people like Bridge 226 00:11:02,760 --> 00:11:04,960 Speaker 2: Colby who've had here on the show, and I encourage 227 00:11:04,960 --> 00:11:07,679 Speaker 2: people to follow him. He's an outright, you know, Taiwan hawk, 228 00:11:07,760 --> 00:11:10,360 Speaker 2: but he is also a realist whenever it comes to Europe, 229 00:11:10,400 --> 00:11:11,840 Speaker 2: and he's like, look at these people. 230 00:11:11,960 --> 00:11:13,000 Speaker 4: They actually don't. 231 00:11:12,800 --> 00:11:15,440 Speaker 2: Agree with us on a lot. They really don't agree 232 00:11:15,480 --> 00:11:17,959 Speaker 2: with us on China policy. They wouldn't have our back. 233 00:11:18,120 --> 00:11:21,160 Speaker 2: So why are we underwriting all of European security if 234 00:11:21,200 --> 00:11:23,680 Speaker 2: we believe that the future is in Asia, which I do, 235 00:11:23,760 --> 00:11:26,640 Speaker 2: which Bridge does as well. Fifty percent of global GDP 236 00:11:27,000 --> 00:11:31,480 Speaker 2: declining GDP all across Europe. You have declining demographics, increasing 237 00:11:31,720 --> 00:11:35,200 Speaker 2: decreasing cultural relevance to the extent that this is a problem. 238 00:11:35,320 --> 00:11:38,959 Speaker 2: We have the world's like seventh largest economy up against 239 00:11:39,200 --> 00:11:42,160 Speaker 2: you know what was Ukraine was, I don't even know 240 00:11:42,200 --> 00:11:44,360 Speaker 2: what ranking it was on there, and then all of 241 00:11:44,400 --> 00:11:47,920 Speaker 2: those together don't barely even equal the GDP output, at 242 00:11:48,000 --> 00:11:50,400 Speaker 2: least the projections they're coming out of it. Why would 243 00:11:50,480 --> 00:11:53,880 Speaker 2: we want to spend all of our political domestic, our 244 00:11:54,360 --> 00:11:57,800 Speaker 2: foreign policy capital and hundreds of billions of dollars in 245 00:11:57,880 --> 00:12:00,880 Speaker 2: economic sacrifice on our parts and the and the higher 246 00:12:00,960 --> 00:12:03,280 Speaker 2: energy prices on top of the weapons that we're flowing 247 00:12:03,480 --> 00:12:06,080 Speaker 2: into this while we have a whole other thing going 248 00:12:06,080 --> 00:12:10,200 Speaker 2: on here which doesn't involve Germany, doesn't involve France, it 249 00:12:10,280 --> 00:12:13,680 Speaker 2: involves the very allies that we are strong arming and 250 00:12:13,800 --> 00:12:18,800 Speaker 2: depleting right now, South Korea, Japan, you know, dynamic economies 251 00:12:19,040 --> 00:12:22,280 Speaker 2: which produce stuff which is important to us, who actually 252 00:12:22,320 --> 00:12:25,240 Speaker 2: have our back in many conflicts, they pay above two 253 00:12:25,240 --> 00:12:26,199 Speaker 2: percent on their GDP. 254 00:12:26,720 --> 00:12:28,800 Speaker 4: I mean, that could go on forever in terms. 255 00:12:28,600 --> 00:12:30,880 Speaker 2: Of who the actual real allies are and who the 256 00:12:30,960 --> 00:12:33,040 Speaker 2: mooch and you know, the moochers and the leeches are, 257 00:12:34,360 --> 00:12:35,520 Speaker 2: who they are haven't. 258 00:12:35,280 --> 00:12:37,160 Speaker 1: Really been there with us in the Ukraine fight. 259 00:12:37,240 --> 00:12:38,840 Speaker 4: That's my point though, and they don't. 260 00:12:39,000 --> 00:12:41,640 Speaker 2: Why should they, because they're like South Korea has got 261 00:12:41,679 --> 00:12:44,160 Speaker 2: a warrig nation with nukes to its north and a 262 00:12:44,240 --> 00:12:48,680 Speaker 2: standing military that they have to maintain. Japan is pissed 263 00:12:48,679 --> 00:12:51,160 Speaker 2: off everybody in the region for you know, and everyone's 264 00:12:51,160 --> 00:12:53,640 Speaker 2: pissed at them. You could just say whose side you 265 00:12:53,679 --> 00:12:54,120 Speaker 2: want to be on. 266 00:12:54,200 --> 00:12:55,679 Speaker 4: But regardless, we. 267 00:12:55,679 --> 00:12:57,040 Speaker 2: Buy a lot of stuff from them, and they buy 268 00:12:57,080 --> 00:12:58,280 Speaker 2: a lot of stuff from us, and they're one of 269 00:12:58,320 --> 00:13:03,160 Speaker 2: the world's most important economy. Singapore increasingly also being in circle. 270 00:13:03,200 --> 00:13:05,040 Speaker 2: They don't really know what to do in terms of 271 00:13:05,040 --> 00:13:07,800 Speaker 2: how to deal with China. Vietnam as well, is in 272 00:13:07,960 --> 00:13:09,040 Speaker 2: a tough position. 273 00:13:09,440 --> 00:13:10,360 Speaker 4: Who are they going to pick? 274 00:13:10,400 --> 00:13:13,600 Speaker 2: Mostly they've decided to pick us, the Philippines. I mean, 275 00:13:13,640 --> 00:13:16,560 Speaker 2: all of these countries are tremendously important, far more important 276 00:13:16,559 --> 00:13:19,320 Speaker 2: in my opinion, especially for the future, than any other country, 277 00:13:19,360 --> 00:13:22,559 Speaker 2: any country on the entire European continent. And yet they 278 00:13:22,559 --> 00:13:25,680 Speaker 2: get zero of their due. I didn't even mention India, 279 00:13:25,760 --> 00:13:28,520 Speaker 2: which you know, one of the world's largest economies, basically 280 00:13:28,600 --> 00:13:31,000 Speaker 2: is written off as some global backwater who. 281 00:13:30,920 --> 00:13:33,240 Speaker 3: Maybe have just passed China for population. 282 00:13:33,000 --> 00:13:36,600 Speaker 2: Yes, exactly, and they get no respect and I'm not 283 00:13:36,640 --> 00:13:38,240 Speaker 2: even just saying this because I'm Indian. I'm like, I 284 00:13:38,240 --> 00:13:40,360 Speaker 2: can read a map, or I can look at a map, 285 00:13:40,480 --> 00:13:42,120 Speaker 2: and I can look at a chart, and I just 286 00:13:42,160 --> 00:13:44,320 Speaker 2: feel like this all right, So where are things going? Yeah, 287 00:13:44,360 --> 00:13:46,720 Speaker 2: Like it's not complicated to figure this stuff out. 288 00:13:46,760 --> 00:13:48,679 Speaker 1: The other thing that I want to say before we 289 00:13:48,720 --> 00:13:51,480 Speaker 1: move on is, you know, we have, with our own 290 00:13:51,600 --> 00:13:56,119 Speaker 1: foolish and arrogant actions, helped to force this new multipolar 291 00:13:56,160 --> 00:14:00,760 Speaker 1: world into being. I mean, especially with our sanction regimes, 292 00:14:01,559 --> 00:14:03,800 Speaker 1: you know, against a number of countries, but in particular 293 00:14:03,880 --> 00:14:09,040 Speaker 1: now against Russia. Russia leading up to this point, was 294 00:14:09,120 --> 00:14:11,320 Speaker 1: preparing for this moment, expecting that there may be a 295 00:14:11,360 --> 00:14:13,320 Speaker 1: time when we try to put the full force of 296 00:14:13,360 --> 00:14:16,760 Speaker 1: our economic warfare against them. And China is seeing the 297 00:14:16,760 --> 00:14:19,160 Speaker 1: same thing playing out, and they are also building up 298 00:14:19,160 --> 00:14:22,560 Speaker 1: their own sort of immunity to that sort of economic war. 299 00:14:23,000 --> 00:14:25,520 Speaker 1: And we can also see that, you know, even with 300 00:14:25,640 --> 00:14:28,480 Speaker 1: us going to the mat basically doing everything we can 301 00:14:28,880 --> 00:14:31,480 Speaker 1: to cut off any sort of funding coming in for 302 00:14:31,520 --> 00:14:35,120 Speaker 1: the Russian war economy, it hasn't worked as effectively as 303 00:14:35,200 --> 00:14:38,520 Speaker 1: we certainly thought and wanted it too. So we've also 304 00:14:38,600 --> 00:14:41,080 Speaker 1: sort of shown our hand there. But you know, the 305 00:14:41,440 --> 00:14:45,800 Speaker 1: Petro dollar deals, the Brazil and China deal that's going on, 306 00:14:46,000 --> 00:14:49,800 Speaker 1: Like all of these things are in part a result 307 00:14:49,840 --> 00:14:52,000 Speaker 1: of the fact that we have tried to throw our 308 00:14:52,040 --> 00:14:55,200 Speaker 1: weight around in a global way, tried to punish populations, 309 00:14:55,240 --> 00:14:58,920 Speaker 1: tried to punish countries and coerce them. And so they're 310 00:14:58,920 --> 00:15:00,880 Speaker 1: not idiots, They're like, we're going to try to protect 311 00:15:00,880 --> 00:15:03,120 Speaker 1: ourselves and make sure that we are not vulnerable to 312 00:15:03,160 --> 00:15:05,720 Speaker 1: the same sort of thing by moving away from total 313 00:15:05,720 --> 00:15:06,600 Speaker 1: reliance on the dollar. 314 00:15:06,720 --> 00:15:08,640 Speaker 2: Yeah, I again just want to come back to a 315 00:15:08,720 --> 00:15:11,320 Speaker 2: very realistic view of the world, Like the America is 316 00:15:11,360 --> 00:15:15,120 Speaker 2: an empire, the global hegemond. We have total control, at 317 00:15:15,200 --> 00:15:18,240 Speaker 2: least did over the global financial system, and we decided 318 00:15:18,280 --> 00:15:21,200 Speaker 2: to play our hand on a country Ukraine, where at 319 00:15:21,240 --> 00:15:22,920 Speaker 2: the end of the day, the fate of Kiev has 320 00:15:23,040 --> 00:15:26,600 Speaker 2: absolutely zero impact on the economic activity here in the 321 00:15:26,720 --> 00:15:29,240 Speaker 2: United States as well as our day to day life. 322 00:15:29,320 --> 00:15:31,240 Speaker 2: You could say whatever you want about Taiwan. You can 323 00:15:31,280 --> 00:15:33,400 Speaker 2: say we shouldn't defend it or not. You can't deny 324 00:15:33,480 --> 00:15:36,080 Speaker 2: that the fate of Taipei is basically is holding the 325 00:15:36,080 --> 00:15:38,480 Speaker 2: global economy. Now, is it worth it or not? That's 326 00:15:38,520 --> 00:15:41,720 Speaker 2: a completely valid discussion and debate. But that's part of 327 00:15:41,720 --> 00:15:44,840 Speaker 2: the problem is we don't talk in terms of real 328 00:15:45,000 --> 00:15:49,240 Speaker 2: impact on our ability to conduct commerce and to live. 329 00:15:49,560 --> 00:15:51,960 Speaker 2: You know, even whenever you look back at the Second 330 00:15:52,000 --> 00:15:55,320 Speaker 2: World War, like you know, why Japan attacked us, we'd 331 00:15:55,320 --> 00:15:58,280 Speaker 2: always like to think like it's some global authoritarian fight. 332 00:15:58,440 --> 00:16:00,160 Speaker 2: They attacked us because they cut off their oil, like 333 00:16:00,160 --> 00:16:05,600 Speaker 2: it was about one thing. It's about ability to conduct commerce, 334 00:16:05,840 --> 00:16:08,960 Speaker 2: to run your military in an independent future. That is 335 00:16:09,000 --> 00:16:12,960 Speaker 2: how most countries throughout all of human history made decisions. 336 00:16:13,120 --> 00:16:15,840 Speaker 2: It's only recently they were like, oh, right to protect 337 00:16:15,920 --> 00:16:18,920 Speaker 2: and human rights and all this other frankly, which I 338 00:16:18,960 --> 00:16:23,120 Speaker 2: think is nonsense because it is arrogance blied by the 339 00:16:23,240 --> 00:16:26,880 Speaker 2: unipolar moment from the nineteen nineties. Like that it came 340 00:16:26,960 --> 00:16:29,240 Speaker 2: from the ability that we defeated the Soviet Union. 341 00:16:29,280 --> 00:16:30,120 Speaker 4: That's great, they. 342 00:16:30,040 --> 00:16:32,800 Speaker 2: Crumbled, and then we had the dot com bubble and 343 00:16:32,840 --> 00:16:34,960 Speaker 2: the peace dividend and all that, and then what do 344 00:16:35,000 --> 00:16:38,520 Speaker 2: we do, Oh, we decided to invade Iraq waste seven 345 00:16:38,600 --> 00:16:39,360 Speaker 2: trillion dollars. 346 00:16:39,560 --> 00:16:40,120 Speaker 4: I think you're right. 347 00:16:40,160 --> 00:16:42,040 Speaker 2: I mean, we have nobody but ourselves to blame ye 348 00:16:42,600 --> 00:16:45,640 Speaker 2: for wasting what should have been a tremendous operat Just 349 00:16:45,800 --> 00:16:47,520 Speaker 2: go back in time and think about what would have 350 00:16:47,520 --> 00:16:49,320 Speaker 2: happened if we had an invade Iraq, and if we 351 00:16:49,320 --> 00:16:50,840 Speaker 2: had gone in and we killed Bin Laden in two 352 00:16:50,880 --> 00:16:53,400 Speaker 2: thousand and one, If and we never killed or never 353 00:16:53,640 --> 00:16:56,840 Speaker 2: invaded Iraq, I can't even fathom, like how much richer 354 00:16:56,920 --> 00:16:59,600 Speaker 2: as a society and better off that we possibly could. 355 00:16:59,440 --> 00:17:01,200 Speaker 4: Be, okay, all of that. 356 00:17:01,760 --> 00:17:04,360 Speaker 2: Instead, what happened is we had a global financial crisis, 357 00:17:04,400 --> 00:17:07,560 Speaker 2: we invaded Iraq. If we've had twenty something years of chaos, 358 00:17:07,680 --> 00:17:11,360 Speaker 2: arely eyes directly well into what was happening yesterday. There 359 00:17:11,440 --> 00:17:15,959 Speaker 2: was a big economic conference with Wall Street bankers and 360 00:17:16,240 --> 00:17:23,080 Speaker 2: Ukrainian representatives that happened yesterday in which the city bank executives, 361 00:17:23,400 --> 00:17:28,240 Speaker 2: Black Rock executives, big bankers, treasury officials, and Ukrainian officials 362 00:17:28,280 --> 00:17:32,040 Speaker 2: were all together talking about effectively what amounts to some 363 00:17:32,080 --> 00:17:37,080 Speaker 2: sort of disaster capitalism opportunity that exists for the big 364 00:17:37,160 --> 00:17:41,720 Speaker 2: banks eventually the war ends, and how they are going 365 00:17:41,760 --> 00:17:45,040 Speaker 2: to come in and provide all this private capital obviously 366 00:17:45,040 --> 00:17:46,840 Speaker 2: out of the goodness of their hearts, because they're going 367 00:17:46,880 --> 00:17:47,280 Speaker 2: to make. 368 00:17:47,240 --> 00:17:48,000 Speaker 4: A ton of money. 369 00:17:48,080 --> 00:17:50,399 Speaker 2: Here is a city bank executive, most of These clips 370 00:17:50,400 --> 00:17:53,359 Speaker 2: were flagged by Michael Tracy, Independent journalists. Let's go and 371 00:17:53,440 --> 00:17:54,960 Speaker 2: take a listen to the City Bank executive. 372 00:17:55,400 --> 00:17:57,879 Speaker 5: We're hearing about all these reforms and preparing for the 373 00:17:57,960 --> 00:18:02,240 Speaker 5: European Union integration, which is certainly going to address many 374 00:18:02,240 --> 00:18:05,359 Speaker 5: of the issues we've been talking about for years that 375 00:18:05,560 --> 00:18:08,800 Speaker 5: might have kept people from putting long term capital into Ukraine. 376 00:18:08,880 --> 00:18:11,160 Speaker 5: So I think that you said at the very beginning 377 00:18:11,400 --> 00:18:13,040 Speaker 5: its career that we have to you know, we have 378 00:18:13,119 --> 00:18:14,919 Speaker 5: to we have to win this war, we have to 379 00:18:14,920 --> 00:18:17,919 Speaker 5: get this resolved. I think that there is there is 380 00:18:18,040 --> 00:18:20,040 Speaker 5: desire to put private capital. 381 00:18:20,600 --> 00:18:23,159 Speaker 2: Yeah, why is there a desire to put private capital 382 00:18:23,200 --> 00:18:27,200 Speaker 2: in there? Because look, they want to rebuild the country 383 00:18:27,280 --> 00:18:31,440 Speaker 2: and charge the Ukrainians aka the US taxpayer a tremendously 384 00:18:31,520 --> 00:18:32,560 Speaker 2: high interest rate in. 385 00:18:32,560 --> 00:18:33,960 Speaker 4: Order to rebuild it. 386 00:18:34,040 --> 00:18:35,919 Speaker 2: Already they've come out, what is the lindsay is going 387 00:18:36,000 --> 00:18:37,960 Speaker 2: to need seven hundred billion? I think I think the 388 00:18:38,040 --> 00:18:39,440 Speaker 2: last figure is seven hundred billion. 389 00:18:39,480 --> 00:18:41,200 Speaker 4: Why not a trillion? To take a trillion. 390 00:18:42,520 --> 00:18:46,240 Speaker 2: Round even don't forget here the US Commerce Secretary, Biden's 391 00:18:46,240 --> 00:18:49,720 Speaker 2: Commerce secretary also came out and spoke at the same 392 00:18:49,800 --> 00:18:53,560 Speaker 2: conference in the same vein. Here's what she had to say. 393 00:18:53,680 --> 00:18:56,040 Speaker 6: The stakes haven't been this high in a long time. 394 00:18:57,200 --> 00:19:00,600 Speaker 6: We cannot let Russia prevail, and that means we have 395 00:19:00,680 --> 00:19:03,439 Speaker 6: to be in this today, tomorrow, a year, two years, 396 00:19:03,480 --> 00:19:08,960 Speaker 6: three years, because the repercussions to the world, to democracies everywhere, 397 00:19:09,200 --> 00:19:15,119 Speaker 6: to freedom are unimaginable. Reconstruction and recovery. 398 00:19:15,280 --> 00:19:16,320 Speaker 2: The price tag has. 399 00:19:16,200 --> 00:19:18,800 Speaker 6: Grown to over four hundred billion dollars and that will 400 00:19:18,800 --> 00:19:21,159 Speaker 6: continue to grow. And here's the reality. And you know 401 00:19:21,240 --> 00:19:23,440 Speaker 6: this government can't do it alone. We will do our part. 402 00:19:23,680 --> 00:19:26,200 Speaker 6: President Biden and our team are utterly committed. 403 00:19:26,040 --> 00:19:26,600 Speaker 7: But we need you. 404 00:19:27,040 --> 00:19:29,400 Speaker 6: This has to be a public private partnership. 405 00:19:29,920 --> 00:19:33,520 Speaker 2: One year, two years, three years. When somebody tells you 406 00:19:33,560 --> 00:19:36,600 Speaker 2: what they want, you should believe them. That's what they want. 407 00:19:36,880 --> 00:19:38,879 Speaker 2: They want to stay there, they want to stay there 408 00:19:38,880 --> 00:19:41,200 Speaker 2: for a long time. They want to reap apparently some 409 00:19:41,240 --> 00:19:45,160 Speaker 2: sort of massive reward for doing so. All of this 410 00:19:45,200 --> 00:19:47,920 Speaker 2: is being done in conjunction not only with the Ukrainians 411 00:19:48,119 --> 00:19:50,720 Speaker 2: the US government, but the highest paid people in the 412 00:19:50,840 --> 00:19:55,240 Speaker 2: United States, the Wall Street bankers, and now the Ukrainians 413 00:19:55,280 --> 00:19:59,000 Speaker 2: are even borrowing build back better as one of their 414 00:19:59,400 --> 00:20:00,960 Speaker 2: slogans not a joke. 415 00:20:00,800 --> 00:20:02,040 Speaker 3: Because it works so well here. 416 00:20:02,119 --> 00:20:03,320 Speaker 4: Apparently it works so well. 417 00:20:03,320 --> 00:20:06,800 Speaker 2: Here Deputy Governor of the National Bank of Ukraine, using 418 00:20:06,800 --> 00:20:08,040 Speaker 2: that slogan, take a lism. 419 00:20:08,600 --> 00:20:11,600 Speaker 8: I suppose that you know, this principle of building back 420 00:20:11,680 --> 00:20:15,760 Speaker 8: beta so implies not only to the physical sense of 421 00:20:15,800 --> 00:20:20,520 Speaker 8: the reconstruction process in Ukraine, but also but also in 422 00:20:20,560 --> 00:20:25,560 Speaker 8: the sense of building in Ukraine as the modern, transparent, efficient, competitive, 423 00:20:25,560 --> 00:20:30,199 Speaker 8: institution based and all of law based democracy. Definitely in 424 00:20:30,280 --> 00:20:32,879 Speaker 8: order to achieve that, so we need a lot, you 425 00:20:33,119 --> 00:20:37,000 Speaker 8: have a lot to do in order to change you know, 426 00:20:37,160 --> 00:20:42,640 Speaker 8: this uh acceptance of Ukraine as as the country which 427 00:20:42,680 --> 00:20:46,639 Speaker 8: is you know, which is friendly for the private investments and. 428 00:20:46,480 --> 00:20:47,160 Speaker 9: For the businesses. 429 00:20:47,240 --> 00:20:48,800 Speaker 2: Yeah, I guess they're want to be. I mean, look, 430 00:20:49,359 --> 00:20:52,080 Speaker 2: I mean no disrespect. I feel bad for Ukraine for 431 00:20:52,119 --> 00:20:53,840 Speaker 2: getting invaded, but we're talking here about one of the 432 00:20:53,880 --> 00:20:57,560 Speaker 2: most corrupt countries literally on planet Earth before this evasion, 433 00:20:57,920 --> 00:21:00,560 Speaker 2: I think, probably the most corrupt country in all of Europe. 434 00:21:00,560 --> 00:21:03,080 Speaker 2: If you don't consider Russia part of Europe, Like you 435 00:21:03,160 --> 00:21:06,959 Speaker 2: really think that after a massive war which has devastated 436 00:21:06,960 --> 00:21:09,119 Speaker 2: the population, that they're going to come out and be 437 00:21:09,200 --> 00:21:12,880 Speaker 2: a Western style like democracy, are you crazy? 438 00:21:13,000 --> 00:21:14,000 Speaker 4: Like you think that they're. 439 00:21:13,840 --> 00:21:20,400 Speaker 2: Just gonna overnight transform into some dynamic, rules based market economy. 440 00:21:20,600 --> 00:21:23,240 Speaker 2: What's more likely whenever countries come out of war which 441 00:21:23,280 --> 00:21:27,680 Speaker 2: have a longstanding, decade, centuries, frankly long history of corruption, 442 00:21:27,880 --> 00:21:31,119 Speaker 2: that they're going to become like an oligarchical state like 443 00:21:31,160 --> 00:21:33,760 Speaker 2: they're Russians who invaded them, or. 444 00:21:33,640 --> 00:21:35,200 Speaker 4: That they're going to become like us. 445 00:21:35,240 --> 00:21:38,480 Speaker 2: How did that work in Iraq whenever we invaded that country? Say, 446 00:21:38,520 --> 00:21:40,080 Speaker 2: you know what, we're going to try and change all 447 00:21:40,119 --> 00:21:43,520 Speaker 2: your traditions overnight and get rid of centuries of tribal 448 00:21:43,520 --> 00:21:45,520 Speaker 2: warfare and all this stuff, and you're going to become 449 00:21:45,560 --> 00:21:48,040 Speaker 2: like New York City, you know, in five years, because 450 00:21:48,040 --> 00:21:50,240 Speaker 2: we're going to throw a trillion dollars at you. It's 451 00:21:50,280 --> 00:21:53,440 Speaker 2: just I don't even know where this stuff comes from. Yeah, 452 00:21:53,480 --> 00:21:55,280 Speaker 2: how am I the only guy who looks at this 453 00:21:55,320 --> 00:21:55,679 Speaker 2: and to be like. 454 00:21:55,680 --> 00:21:56,320 Speaker 4: This is ridiculous? 455 00:21:56,400 --> 00:21:58,280 Speaker 1: Well, you do know where it comes from? A lot 456 00:21:58,320 --> 00:22:00,480 Speaker 1: of money to be made here. I mean we focus 457 00:22:00,520 --> 00:22:02,800 Speaker 1: a lot because it's the most obvious piece on the way. 458 00:22:02,800 --> 00:22:06,600 Speaker 1: The military industrial complex obviously benefits and profits anytime there's 459 00:22:06,640 --> 00:22:09,720 Speaker 1: a war anywhere in the world, but it's important to 460 00:22:09,840 --> 00:22:14,040 Speaker 1: understand there are other money making ventures going on underneath 461 00:22:14,040 --> 00:22:15,919 Speaker 1: the surface, and it's also an important to understand there 462 00:22:15,960 --> 00:22:19,480 Speaker 1: are other dynamics underneath the surface other than protecting democracy 463 00:22:19,560 --> 00:22:23,439 Speaker 1: and pushing back against Russian oligarchy and imperialism and all 464 00:22:23,480 --> 00:22:26,760 Speaker 1: of those things, whatever you think of that aspect as well. 465 00:22:27,000 --> 00:22:30,080 Speaker 1: You know, I found a couple of articles about the 466 00:22:30,600 --> 00:22:35,119 Speaker 1: push internationally from the IMF and other institutions to privatize 467 00:22:35,680 --> 00:22:38,560 Speaker 1: Ukraine and in particular their land and their agriculture and 468 00:22:38,680 --> 00:22:41,240 Speaker 1: open it up to foreign investment, which was a push 469 00:22:41,280 --> 00:22:44,600 Speaker 1: that was happening before this war started, and it's kind 470 00:22:44,600 --> 00:22:46,760 Speaker 1: of telling. I found a couple of good articles, one 471 00:22:46,800 --> 00:22:49,320 Speaker 1: written by a Marxist ecoontomist and another one that let's 472 00:22:49,359 --> 00:22:50,639 Speaker 1: go and put this up on the screen. This is 473 00:22:50,680 --> 00:22:54,240 Speaker 1: from American Conservative, so obviously a right leaning publication. 474 00:22:54,400 --> 00:22:57,840 Speaker 3: Here the headline is black Horse, black Earth, and black Rock. 475 00:22:58,160 --> 00:23:01,040 Speaker 1: Part of what they lay out is there was a 476 00:23:01,119 --> 00:23:05,640 Speaker 1: moratorium on foreign land sales, and Ukraine, as we've discussed before, 477 00:23:05,720 --> 00:23:09,200 Speaker 1: is the bread basket of the world, incredibly fertile soil, 478 00:23:09,560 --> 00:23:12,760 Speaker 1: so there were a lot of multinationals who wanted to 479 00:23:12,840 --> 00:23:14,640 Speaker 1: be able to get into this market and be able 480 00:23:14,640 --> 00:23:18,680 Speaker 1: to profit off of it the IMF, they predicated there 481 00:23:18,720 --> 00:23:21,560 Speaker 1: as they do one of their loans on reforms that 482 00:23:21,600 --> 00:23:25,600 Speaker 1: included lifting this land sale moratorium, something that was ultimately 483 00:23:25,640 --> 00:23:28,119 Speaker 1: done under Zelenski in twenty twenty. 484 00:23:28,640 --> 00:23:29,760 Speaker 3: Additionally, during this. 485 00:23:29,720 --> 00:23:32,800 Speaker 1: War, there's been basically a repeal of any and all 486 00:23:32,840 --> 00:23:36,600 Speaker 1: worker protections, also in favor of this sort of like 487 00:23:36,640 --> 00:23:39,840 Speaker 1: you know, rugged individualist style capitalism that we and our 488 00:23:39,880 --> 00:23:45,560 Speaker 1: global affiliated institutions push on countries routinely, so effectively. You know, 489 00:23:45,600 --> 00:23:48,760 Speaker 1: there's a lot of interest now in whenever the war's over, 490 00:23:48,840 --> 00:23:51,439 Speaker 1: being able to come in and do what companies have 491 00:23:51,480 --> 00:23:54,200 Speaker 1: been wanting to do in Ukraine for a very long 492 00:23:54,280 --> 00:23:58,000 Speaker 1: time and have been held off to some extent because 493 00:23:58,280 --> 00:24:01,240 Speaker 1: they had this land moratorium in place, and because there 494 00:24:01,280 --> 00:24:03,119 Speaker 1: was a huge if you looked at the polling, the 495 00:24:03,200 --> 00:24:07,320 Speaker 1: population was overwhelmingly opposed to this type of you know, 496 00:24:07,560 --> 00:24:10,560 Speaker 1: US style privatization that we forced on country after country 497 00:24:10,600 --> 00:24:13,560 Speaker 1: around the world. So you know, that's the backdrop here. 498 00:24:13,720 --> 00:24:17,080 Speaker 1: These are things that were unfolding and interest that capitalists 499 00:24:17,160 --> 00:24:21,720 Speaker 1: had in Ukraine long prior to this war, and Zelenski has, 500 00:24:21,840 --> 00:24:23,960 Speaker 1: you know, even before the war, been sort of a 501 00:24:24,000 --> 00:24:27,679 Speaker 1: partner in trying to you know, to privatize the country 502 00:24:27,720 --> 00:24:30,680 Speaker 1: and allow capital interests to come in and profit off 503 00:24:30,680 --> 00:24:33,520 Speaker 1: of what is there. When you saw Zelenski at Davos, 504 00:24:33,600 --> 00:24:35,520 Speaker 1: you know, this is like the backstory in the context 505 00:24:35,560 --> 00:24:38,600 Speaker 1: with which he goes to Davos, and Blackrock is very 506 00:24:38,600 --> 00:24:41,440 Speaker 1: involved here. They signed a memo of understanding stating there 507 00:24:41,600 --> 00:24:44,400 Speaker 1: they would play an advisory role in Ukraine's post war 508 00:24:44,480 --> 00:24:47,760 Speaker 1: economic reconstruction. So they've got their hands in the pot 509 00:24:47,840 --> 00:24:50,560 Speaker 1: as well. Listen, none of this negates, however you feel 510 00:24:50,560 --> 00:24:52,760 Speaker 1: about the Ukrainian conflict and what our role should be. 511 00:24:52,800 --> 00:24:55,320 Speaker 1: But it's important to have our eyes open about who 512 00:24:55,359 --> 00:24:57,840 Speaker 1: has an interest here, who has a profit motive here, 513 00:24:57,880 --> 00:25:00,000 Speaker 1: and how they may be manipulating things behind the scenes. 514 00:25:00,160 --> 00:25:02,119 Speaker 2: Yeah, I think it's very important that you laid out 515 00:25:02,160 --> 00:25:05,159 Speaker 2: that way, Crystal, just about all of the ongoing stuff. 516 00:25:05,200 --> 00:25:07,880 Speaker 2: And look, I mean, these were huge stories in America 517 00:25:07,920 --> 00:25:11,479 Speaker 2: twenty years ago, like what we talk about Halliburton and 518 00:25:12,040 --> 00:25:14,280 Speaker 2: what was a Brown and Root and all of the 519 00:25:14,320 --> 00:25:17,240 Speaker 2: firms that were able to get like no big contracts 520 00:25:17,280 --> 00:25:21,400 Speaker 2: and the catering contract for bases in Afghanistan or all 521 00:25:21,440 --> 00:25:25,040 Speaker 2: these cigar reports. The Special Inspector General for Afghan reconstruction, 522 00:25:25,200 --> 00:25:27,200 Speaker 2: which you can go back and read about like one 523 00:25:27,240 --> 00:25:29,760 Speaker 2: gas station and we spent like two hundred million dollars 524 00:25:29,800 --> 00:25:33,800 Speaker 2: on I was like, why do people seem to think 525 00:25:34,000 --> 00:25:36,960 Speaker 2: that what's happened in Ukraine is in any way unique 526 00:25:37,000 --> 00:25:39,840 Speaker 2: in the history of the US post nine to eleven 527 00:25:39,920 --> 00:25:43,160 Speaker 2: world and corruption, Like, there's actually no reason to believe 528 00:25:43,359 --> 00:25:47,560 Speaker 2: that these institutions have sown somehow fundamentally change. In reality, 529 00:25:47,640 --> 00:25:50,480 Speaker 2: it's that people's willingness to ask questions about what's actually 530 00:25:50,480 --> 00:25:54,280 Speaker 2: going on has actually changed, unfortunately, And look, you know, 531 00:25:54,520 --> 00:25:57,560 Speaker 2: just like happening in those conflicts, eventually people will wake up. 532 00:25:57,680 --> 00:25:58,560 Speaker 3: Yeah, indeed. 533 00:26:01,280 --> 00:26:04,639 Speaker 1: Okay, So let's turn to domestic politics here, because we're 534 00:26:04,640 --> 00:26:07,680 Speaker 1: inching ever closer to a potential debt default. 535 00:26:07,960 --> 00:26:09,320 Speaker 3: You'll recall when Kevin. 536 00:26:09,119 --> 00:26:11,840 Speaker 1: McCarthy was elected Speaker, he made all kinds of deals 537 00:26:11,920 --> 00:26:14,959 Speaker 1: with this sort of rump faction of dissenters. Some of 538 00:26:15,000 --> 00:26:17,560 Speaker 1: them had to deal with dramatic spending cuts that they wanted, 539 00:26:17,600 --> 00:26:21,160 Speaker 1: and he committed to using the debt ceiling as sort 540 00:26:21,200 --> 00:26:24,600 Speaker 1: of like a hostage taking tool in order to force through. 541 00:26:24,400 --> 00:26:25,600 Speaker 3: Some of these spending cuts. 542 00:26:25,680 --> 00:26:29,439 Speaker 1: The White Houses stood adamantly opposed to any of this, 543 00:26:29,760 --> 00:26:33,040 Speaker 1: saying they will only accept a clean debt sealing hike. 544 00:26:33,800 --> 00:26:35,800 Speaker 1: And it sort of had been quiet for a little 545 00:26:35,840 --> 00:26:38,840 Speaker 1: while about what exactly was going on behind the scenes. Well, 546 00:26:38,880 --> 00:26:41,560 Speaker 1: Kevin McCarthy's making his big move this week. 547 00:26:41,840 --> 00:26:42,960 Speaker 3: Yesterday he gave. 548 00:26:42,800 --> 00:26:45,280 Speaker 1: A speech at the New York Stock Exchange in part 549 00:26:45,280 --> 00:26:49,560 Speaker 1: because last time there was a debt ceiling showdown, the 550 00:26:49,600 --> 00:26:51,960 Speaker 1: stock market tang because our credit rating was downgrade and 551 00:26:52,000 --> 00:26:52,760 Speaker 1: was kind of a disaster. 552 00:26:52,880 --> 00:26:54,080 Speaker 3: So he's basically going. 553 00:26:53,880 --> 00:26:57,080 Speaker 1: And begging Wall Street to not like Crater and to 554 00:26:57,160 --> 00:26:59,960 Speaker 1: be somewhat on his side and understand his point of view. 555 00:27:00,000 --> 00:27:03,800 Speaker 3: So he laid up some of the. 556 00:27:03,520 --> 00:27:07,160 Speaker 1: Kind of high level outline of what a deal within 557 00:27:07,200 --> 00:27:10,000 Speaker 1: the Republican Caucus might look like. Take a listen to 558 00:27:10,000 --> 00:27:13,280 Speaker 1: how we presented things to Wall Street without exaggeration. 559 00:27:13,400 --> 00:27:17,240 Speaker 10: American debt is a ticking time bomb that will detonate 560 00:27:17,560 --> 00:27:20,520 Speaker 10: unless we take serious, responsible action. 561 00:27:20,920 --> 00:27:22,119 Speaker 2: Okay, So here's our plan. 562 00:27:22,960 --> 00:27:24,720 Speaker 10: In the coming weeks, the House will vote on a 563 00:27:24,760 --> 00:27:27,600 Speaker 10: bill to lift the debt ceiling into the next year, 564 00:27:29,000 --> 00:27:33,679 Speaker 10: save taxpayers trillions of dollars, make us less dependent upon China, 565 00:27:34,520 --> 00:27:40,080 Speaker 10: curve our high inflation, all without touching social Security and 566 00:27:40,119 --> 00:27:41,359 Speaker 10: medicare all. 567 00:27:41,200 --> 00:27:43,639 Speaker 1: Without touching Social Security and Medicare. I mean that was 568 00:27:43,680 --> 00:27:45,760 Speaker 1: sort of forced on them by Trump and then by 569 00:27:45,840 --> 00:27:48,920 Speaker 1: Joe Biden. The State of the Union so interesting that 570 00:27:48,920 --> 00:27:51,600 Speaker 1: that's in there, but you'll note not a lot of 571 00:27:51,640 --> 00:27:54,280 Speaker 1: details fleshed down. And this is part of the problem 572 00:27:54,280 --> 00:27:57,479 Speaker 1: for the Republicans is they have this bare four person 573 00:27:57,560 --> 00:28:00,840 Speaker 1: majority in the House, so for yet about tangling with 574 00:28:00,880 --> 00:28:01,640 Speaker 1: the Democrats. 575 00:28:02,119 --> 00:28:03,800 Speaker 3: They haven't even figured out. 576 00:28:03,600 --> 00:28:06,760 Speaker 1: What their own caucus will support because you have, you know, 577 00:28:06,800 --> 00:28:12,639 Speaker 1: a pretty wide ideological variation between the most conservative and 578 00:28:12,840 --> 00:28:15,440 Speaker 1: the most liberal of the Republicans. You have to recall 579 00:28:15,840 --> 00:28:18,600 Speaker 1: part of how they were able to achieve this majority 580 00:28:19,040 --> 00:28:21,760 Speaker 1: was by winning some Joe Biden seats in New York 581 00:28:21,800 --> 00:28:25,040 Speaker 1: State in particular, which is where some of the sticking 582 00:28:25,040 --> 00:28:27,560 Speaker 1: points are going to be here, because those people, in 583 00:28:27,680 --> 00:28:29,880 Speaker 1: order to get re elected, really want to signal their 584 00:28:29,920 --> 00:28:32,560 Speaker 1: moderation that they're different than the rest of the Republicans. 585 00:28:32,600 --> 00:28:35,119 Speaker 1: They're not so hard line, So to get them on 586 00:28:35,200 --> 00:28:38,360 Speaker 1: board with something that's fairly draconian is going to be 587 00:28:38,480 --> 00:28:40,480 Speaker 1: very difficult. On the other hand, people in the caucus 588 00:28:40,560 --> 00:28:41,920 Speaker 1: who are saying I'm not going to vote for a 589 00:28:41,920 --> 00:28:44,880 Speaker 1: deat sealing hike at all. So he's in a very 590 00:28:44,920 --> 00:28:47,640 Speaker 1: you know, difficult situation just to try to bring his 591 00:28:47,680 --> 00:28:48,480 Speaker 1: own cause. 592 00:28:48,200 --> 00:28:51,080 Speaker 2: Dation gets back to the entire speaker fight. This man 593 00:28:51,120 --> 00:28:54,400 Speaker 2: should not be the speaker. He doesn't actually have credibility 594 00:28:54,440 --> 00:28:56,600 Speaker 2: with all of the parties who are involved. 595 00:28:56,800 --> 00:28:57,480 Speaker 4: Here's the truth. 596 00:28:57,680 --> 00:28:59,960 Speaker 2: The vast majority the Republicans are just going to vote 597 00:29:00,000 --> 00:29:02,280 Speaker 2: whichever way. They don't really care. There are only two 598 00:29:02,320 --> 00:29:05,120 Speaker 2: factions that really matter. As he said, the Joe Biden, 599 00:29:05,240 --> 00:29:09,280 Speaker 2: you know, precarious Republicans who are in swing seats, and 600 00:29:09,320 --> 00:29:11,880 Speaker 2: then the hardline Freedom Caucus. If I'm the White House, 601 00:29:12,400 --> 00:29:15,720 Speaker 2: McCarthy is irrelevant. He can come and represent that middle faction. 602 00:29:16,000 --> 00:29:18,120 Speaker 2: But if I'm Joe Biden, you're gonna call in one 603 00:29:18,120 --> 00:29:20,080 Speaker 2: of the people from a swing seat who speaks for them. 604 00:29:20,200 --> 00:29:22,520 Speaker 2: You're gonna colline, uh McCarthy. And then you got to 605 00:29:22,560 --> 00:29:25,080 Speaker 2: callin Jim Jordan or some other chairman of the House 606 00:29:25,080 --> 00:29:27,120 Speaker 2: Freedom coxs and just say, like, all right, guys, mostly 607 00:29:27,200 --> 00:29:29,600 Speaker 2: start with Jim. Jim, what's the least what's the best 608 00:29:29,600 --> 00:29:31,240 Speaker 2: thing that you can possibly live with? He goes, Okay, 609 00:29:31,280 --> 00:29:32,920 Speaker 2: here's what I got. Here are the votes, he goes, 610 00:29:32,960 --> 00:29:34,800 Speaker 2: c you can you sign on to that? No, all right, 611 00:29:34,880 --> 00:29:37,640 Speaker 2: YouTube negotiate and then McCarthy, you're just gonna have to 612 00:29:37,680 --> 00:29:38,560 Speaker 2: vote for whatever. 613 00:29:38,600 --> 00:29:38,800 Speaker 9: It's. 614 00:29:38,880 --> 00:29:42,000 Speaker 2: That's why his speakership is a joke. Like fundamentally he 615 00:29:42,080 --> 00:29:44,600 Speaker 2: has no authority. He's coming before the New York Stock 616 00:29:44,640 --> 00:29:46,840 Speaker 2: Exchange and says we can pass making all these promises. 617 00:29:46,920 --> 00:29:49,000 Speaker 4: You don't have the authority to deliver on those promises. 618 00:29:49,120 --> 00:29:50,920 Speaker 4: And the Freedom Caucus people they know it. 619 00:29:51,000 --> 00:29:52,720 Speaker 2: You know, go ahead and put this up there on 620 00:29:52,760 --> 00:29:56,320 Speaker 2: the screen from Axios, which describes exactly he's like my 621 00:29:56,440 --> 00:29:57,960 Speaker 2: plan to vote to raise a debt ceiling. 622 00:29:58,040 --> 00:29:59,000 Speaker 4: These are all words. 623 00:29:59,080 --> 00:30:02,200 Speaker 2: As you said, Crystal, there's actually a behind the scenes 624 00:30:02,280 --> 00:30:04,920 Speaker 2: effort right now to try and come up with some 625 00:30:05,000 --> 00:30:07,280 Speaker 2: sort of budget talk that they can release. 626 00:30:07,440 --> 00:30:08,480 Speaker 4: They have nothing. You know. 627 00:30:08,560 --> 00:30:11,400 Speaker 2: The internal scuttle butt here in Washington was that McCarthy 628 00:30:11,520 --> 00:30:14,240 Speaker 2: yesterday was supposed to deliver a budget. You know why 629 00:30:14,280 --> 00:30:17,600 Speaker 2: I didn't couldn't agree on that. Agree they agree on nothing. 630 00:30:17,800 --> 00:30:19,320 Speaker 4: So I don't know. 631 00:30:19,440 --> 00:30:22,320 Speaker 2: I look at all this McCarthy, it's like we're all 632 00:30:22,320 --> 00:30:25,120 Speaker 2: playing this game where just because he's the speaker in name, 633 00:30:25,200 --> 00:30:27,520 Speaker 2: that we're supposed to like believe he's in charge, Like, 634 00:30:27,560 --> 00:30:29,080 Speaker 2: I really don't think he's in charge. I think the 635 00:30:29,120 --> 00:30:31,280 Speaker 2: Freedom Coccus really is the one who are in charge. 636 00:30:31,320 --> 00:30:33,880 Speaker 2: I think they would quote unquote shoot the hostage. I 637 00:30:33,920 --> 00:30:36,520 Speaker 2: don't know if the other people would. You know, there's 638 00:30:36,640 --> 00:30:38,560 Speaker 2: a couple, only a couple of ways that this ends. 639 00:30:39,040 --> 00:30:43,320 Speaker 2: Most likely, it looks to me Seaquestration like something like that. No, 640 00:30:43,640 --> 00:30:45,400 Speaker 2: I don't think there can be a grand bargain to 641 00:30:45,480 --> 00:30:48,240 Speaker 2: use the Obama type thing. I don't think Biden would 642 00:30:48,240 --> 00:30:50,880 Speaker 2: be a fool to necessarily agree with it, and ultimately 643 00:30:50,920 --> 00:30:54,320 Speaker 2: it will come down to some like hostage standoff, and yeah, 644 00:30:54,520 --> 00:30:56,240 Speaker 2: seaquestration just looks like the most likely ones. 645 00:30:56,360 --> 00:30:57,600 Speaker 1: I don't know how it's going to be a resolve 646 00:30:57,720 --> 00:30:59,560 Speaker 1: because I mean, it seems like the White House, well, 647 00:30:59,560 --> 00:31:02,000 Speaker 1: first of all, they're happy to watch the Republican's twist 648 00:31:02,000 --> 00:31:04,200 Speaker 1: in the wind. This is a problem of the Republican 649 00:31:04,200 --> 00:31:08,800 Speaker 1: caucuses own making, and McCarthy is basically trying to bluff here, 650 00:31:09,360 --> 00:31:13,880 Speaker 1: trying to pretend like his caucus is unified behind one proposal. 651 00:31:14,160 --> 00:31:17,760 Speaker 1: But it's so obvious that it is not reality. When 652 00:31:17,960 --> 00:31:20,720 Speaker 1: you know, I scoured all the reporting about his supposed 653 00:31:20,760 --> 00:31:23,280 Speaker 1: plan and read a speech and you know, read the 654 00:31:23,320 --> 00:31:26,560 Speaker 1: Washington Post reporting and Accius reporting whatever. There are no 655 00:31:26,640 --> 00:31:29,880 Speaker 1: details here, no details. And that's the only way that 656 00:31:29,960 --> 00:31:32,120 Speaker 1: he has been able to keep his caucus from having 657 00:31:32,160 --> 00:31:34,560 Speaker 1: some sort of a total revolt, either on the right 658 00:31:34,560 --> 00:31:36,920 Speaker 1: wing side or on the moderate side, or potentially of 659 00:31:37,000 --> 00:31:41,080 Speaker 1: both sides by basically saying nothing about what will actually 660 00:31:41,120 --> 00:31:42,440 Speaker 1: be inside of this deal. 661 00:31:42,920 --> 00:31:44,640 Speaker 3: So the White House is calling as bluff. 662 00:31:44,680 --> 00:31:47,000 Speaker 1: They're saying, no, you know, you tell us what your 663 00:31:47,040 --> 00:31:49,240 Speaker 1: proposal is and then we can talk. That has been 664 00:31:49,240 --> 00:31:51,120 Speaker 1: their position the whole time. It's like, you don't even 665 00:31:51,240 --> 00:31:53,760 Speaker 1: have a proposal to bring us, so you're saying, oh, 666 00:31:53,760 --> 00:31:56,760 Speaker 1: we got to negotiate, like negotiate against what. You don't 667 00:31:56,760 --> 00:32:00,520 Speaker 1: even have something that you're specifically suggesting here to mention. 668 00:32:00,640 --> 00:32:03,320 Speaker 1: The White House has also been very hardline about, like, no, 669 00:32:03,400 --> 00:32:05,640 Speaker 1: we're going to we appropriated this money. 670 00:32:06,000 --> 00:32:06,800 Speaker 3: The time for. 671 00:32:06,840 --> 00:32:08,719 Speaker 1: Debate about what we're going to spend and what we're 672 00:32:08,760 --> 00:32:11,200 Speaker 1: going to cut and what our priorities are was when 673 00:32:11,240 --> 00:32:15,160 Speaker 1: we were passing those spending bills, not now, when we're 674 00:32:15,200 --> 00:32:17,760 Speaker 1: just trying to like maintain the full faith and credit 675 00:32:17,840 --> 00:32:20,440 Speaker 1: of the United States and not have some complete meltdown 676 00:32:20,480 --> 00:32:23,760 Speaker 1: at a time when the economy is incredibly precarious. 677 00:32:24,200 --> 00:32:25,880 Speaker 3: So that's their position. 678 00:32:25,960 --> 00:32:28,920 Speaker 1: And I don't think that McCarthy's bluff here going to 679 00:32:28,960 --> 00:32:30,800 Speaker 1: Wall Street and beg and the traders to back him 680 00:32:31,400 --> 00:32:34,400 Speaker 1: really worked out. Put this next piece up on the screen. 681 00:32:34,520 --> 00:32:36,520 Speaker 1: It gives you a little bit of a sense of 682 00:32:36,680 --> 00:32:39,000 Speaker 1: where some of the sticking points could be. This is 683 00:32:39,000 --> 00:32:41,160 Speaker 1: the White House's response, They say, as President Biden continues 684 00:32:41,200 --> 00:32:43,600 Speaker 1: to fight against inflation, mega Republicans in Congress or trying 685 00:32:43,640 --> 00:32:46,160 Speaker 1: to take our economy hostage unless we got programs that 686 00:32:46,240 --> 00:32:48,680 Speaker 1: lower costs for hardworking Americans. So you can see they 687 00:32:48,680 --> 00:32:51,920 Speaker 1: are certainly sticking to their guns. Put the Politico piece though, 688 00:32:52,000 --> 00:32:53,640 Speaker 1: up on the screen. This just gives you a sense 689 00:32:53,720 --> 00:32:57,200 Speaker 1: of one of the many fights that are going to 690 00:32:57,600 --> 00:33:01,800 Speaker 1: unfold within the Republican cock. So one of the specific 691 00:33:01,840 --> 00:33:06,240 Speaker 1: things that McCarthy is looking at is cutting the food 692 00:33:06,240 --> 00:33:10,200 Speaker 1: stamp program, expanding the age bracket for people who have 693 00:33:10,240 --> 00:33:13,720 Speaker 1: to meet work requirements, closing what Republicans say are quote 694 00:33:13,760 --> 00:33:17,360 Speaker 1: loopholes and existing restrictions, but basically cutting snap and the 695 00:33:17,440 --> 00:33:21,320 Speaker 1: number of people who will who will benefit from the program. 696 00:33:21,560 --> 00:33:23,560 Speaker 1: Now you might think, because there are a lot of 697 00:33:23,560 --> 00:33:25,560 Speaker 1: Republicans who are on board with cutting that program, that 698 00:33:25,640 --> 00:33:27,200 Speaker 1: might be something that's less controversial. 699 00:33:27,280 --> 00:33:28,280 Speaker 3: It's actually not true. 700 00:33:28,600 --> 00:33:32,000 Speaker 1: There's already key to defections, in particular among that group 701 00:33:32,120 --> 00:33:35,880 Speaker 1: in New York State that represents more swing or moderate 702 00:33:35,920 --> 00:33:39,240 Speaker 1: districts where they're very they don't like this proposal. They're 703 00:33:39,320 --> 00:33:41,000 Speaker 1: very worried about what it would do to people in 704 00:33:41,040 --> 00:33:42,680 Speaker 1: their districts who have already seen, you know, all the 705 00:33:42,720 --> 00:33:46,280 Speaker 1: additional pandemic aid cut off, already struggling with inflation, already 706 00:33:46,320 --> 00:33:48,920 Speaker 1: struggling to afford food, and they're saying, Okay, at a 707 00:33:48,960 --> 00:33:51,320 Speaker 1: time when we have high grocery prices, you're going to 708 00:33:51,360 --> 00:33:54,000 Speaker 1: cut off this bit of aid that they're ultimately getting. 709 00:33:54,320 --> 00:33:57,320 Speaker 1: So even this program, which you might think would be 710 00:33:57,400 --> 00:34:01,400 Speaker 1: uncontroversial within the Republican caucus, even this cut is controversial. 711 00:34:01,480 --> 00:34:01,640 Speaker 9: Yeah. 712 00:34:01,720 --> 00:34:04,400 Speaker 2: Absolutely, I mean this is where it just comes down 713 00:34:04,440 --> 00:34:06,240 Speaker 2: to the details and just why. 714 00:34:07,080 --> 00:34:10,160 Speaker 4: Look, the Freedom Caucus in them want cuts to Medicare 715 00:34:10,200 --> 00:34:11,120 Speaker 4: and Social Security. 716 00:34:11,160 --> 00:34:15,360 Speaker 2: They don't agree crystal with what the Republican leader is saying. 717 00:34:15,480 --> 00:34:17,920 Speaker 4: Yeah, then the other ones don't want it. 718 00:34:18,000 --> 00:34:20,359 Speaker 2: So there are a couple of ways, as I said 719 00:34:20,360 --> 00:34:22,480 Speaker 2: it could lay out see frustration. In my opinion, is 720 00:34:22,440 --> 00:34:23,880 Speaker 2: the most likely for those who don't know what that 721 00:34:23,960 --> 00:34:26,240 Speaker 2: is is basically across the board haircut to the entire 722 00:34:26,480 --> 00:34:29,200 Speaker 2: federal budget. That's what happened during the Obama years, because 723 00:34:29,360 --> 00:34:31,520 Speaker 2: once you start negotiating to cut from one thing and 724 00:34:31,560 --> 00:34:34,520 Speaker 2: the other one, well, then everybody says that your you know, 725 00:34:34,520 --> 00:34:37,400 Speaker 2: playing favorites. The easiest way, it's just cut across the board. 726 00:34:37,520 --> 00:34:39,400 Speaker 2: The other way which would make it McCarthy look like 727 00:34:39,440 --> 00:34:41,920 Speaker 2: a fool, is if he basically just brought it to 728 00:34:42,000 --> 00:34:44,040 Speaker 2: the floor and let the Democrats come and save him 729 00:34:44,080 --> 00:34:46,520 Speaker 2: to vote for a budget which was more moderate. But 730 00:34:46,920 --> 00:34:49,879 Speaker 2: that also would negate any power that McCarthy really had. 731 00:34:50,000 --> 00:34:52,440 Speaker 2: And don't forget about the motion to vacate, which allows 732 00:34:52,480 --> 00:34:53,600 Speaker 2: any member. 733 00:34:53,360 --> 00:34:54,319 Speaker 3: Of the end of speak. 734 00:34:54,560 --> 00:34:56,239 Speaker 2: It would be the end of his speakership. So, you know, 735 00:34:56,280 --> 00:34:58,840 Speaker 2: would he be willing to sacrifice his speakership for the 736 00:34:58,880 --> 00:35:02,759 Speaker 2: global economy. They are enough narcissists they definitely would rather 737 00:35:03,440 --> 00:35:07,279 Speaker 2: say speakership then actually do what would be best for 738 00:35:07,360 --> 00:35:10,000 Speaker 2: all of us. So I don't know, I'm looking at 739 00:35:10,000 --> 00:35:13,160 Speaker 2: all this. We've got seven weeks to go. I guess 740 00:35:13,200 --> 00:35:15,640 Speaker 2: they could mint the coin, but apparently they've already ruled 741 00:35:15,640 --> 00:35:18,440 Speaker 2: that out, and there are legal challenges with minting the 742 00:35:18,480 --> 00:35:21,600 Speaker 2: coin as well. Good luck. Yeah. 743 00:35:21,960 --> 00:35:25,320 Speaker 1: The other I mean, there are some other potential loophole workarounds, 744 00:35:26,880 --> 00:35:30,640 Speaker 1: you know. One is this legal theory that since Congress 745 00:35:30,680 --> 00:35:34,320 Speaker 1: is basically sending the President two separate sets of instructions, 746 00:35:34,520 --> 00:35:36,880 Speaker 1: one that's like, spend this money and the other that's like, 747 00:35:36,960 --> 00:35:39,800 Speaker 1: don't spend this money, that they basically it's sort of 748 00:35:39,840 --> 00:35:41,600 Speaker 1: like a jump ball in the White House, can basically 749 00:35:41,840 --> 00:35:45,400 Speaker 1: choose which of those directives to follow. That's one legal 750 00:35:45,440 --> 00:35:47,479 Speaker 1: theory of the case. Mint the coin is another legal 751 00:35:47,520 --> 00:35:49,480 Speaker 1: theory of the case. There are a couple other ideas 752 00:35:49,480 --> 00:35:51,560 Speaker 1: floating out there of like loopholes to get around this 753 00:35:51,600 --> 00:35:55,160 Speaker 1: whole debt ceiling nonsense which shouldn't exist and like as 754 00:35:55,200 --> 00:35:57,319 Speaker 1: a weird relic to start with and is only now 755 00:35:57,400 --> 00:36:01,040 Speaker 1: used for hostage taking tactics or the Republican Party to 756 00:36:01,040 --> 00:36:04,600 Speaker 1: force through things that they can't achieve with their majorities 757 00:36:05,400 --> 00:36:06,360 Speaker 1: or their lack thereof. 758 00:36:06,600 --> 00:36:08,960 Speaker 3: But I really don't know how this resolves. 759 00:36:09,000 --> 00:36:12,160 Speaker 1: I'm not so I'm not sure as confident it ends 760 00:36:12,239 --> 00:36:15,640 Speaker 1: in sequestration, as you are. I have a feeling that 761 00:36:15,680 --> 00:36:18,000 Speaker 1: Biden white House is actually going to take a harder 762 00:36:18,040 --> 00:36:21,880 Speaker 1: line on that than the Obama Biden white House is 763 00:36:22,000 --> 00:36:22,600 Speaker 1: really crazy. 764 00:36:22,800 --> 00:36:26,439 Speaker 3: Did and yeah, So I genuinely don't know how. 765 00:36:26,400 --> 00:36:28,640 Speaker 1: This is going to get resolved, but I guess we'll 766 00:36:28,640 --> 00:36:29,879 Speaker 1: all just got to wait and find out. 767 00:36:29,960 --> 00:36:30,600 Speaker 4: It'll be fun. 768 00:36:30,920 --> 00:36:33,160 Speaker 2: I guess, I guess it'll be interesting. 769 00:36:33,440 --> 00:36:34,359 Speaker 4: Here's the number one rule. 770 00:36:34,400 --> 00:36:36,360 Speaker 2: Everyone, don't sell when the market tanks. 771 00:36:36,400 --> 00:36:38,400 Speaker 4: You should buy more. But that's not financial advice. 772 00:36:38,440 --> 00:36:40,239 Speaker 2: I'm just saying though objectively, that's how it worked out 773 00:36:40,280 --> 00:36:41,279 Speaker 2: for people in two thousand and eight. 774 00:36:41,800 --> 00:36:43,680 Speaker 4: All right, all right, twenty four. 775 00:36:43,600 --> 00:36:46,200 Speaker 1: Yeah, let's get to this. This is a funny one 776 00:36:46,239 --> 00:36:49,359 Speaker 1: and very revealing as well. We reported last week Nikki 777 00:36:49,400 --> 00:36:53,279 Speaker 1: Haley was touting her eleven million dollar fundraising hall, you know, 778 00:36:53,360 --> 00:36:57,440 Speaker 1: putting herself in contention for the GP nomination. 779 00:36:57,680 --> 00:36:59,759 Speaker 3: Well turns out that it was a bit of a 780 00:36:59,760 --> 00:37:01,160 Speaker 3: far put this up on the screen. 781 00:37:02,120 --> 00:37:05,279 Speaker 1: So they say she touted eleven million dollars raise since 782 00:37:05,320 --> 00:37:09,080 Speaker 1: she launched in February. Saturday filing show she double counted 783 00:37:09,600 --> 00:37:13,600 Speaker 1: across various committees, making transfers to one another, and only 784 00:37:13,640 --> 00:37:17,719 Speaker 1: brought in about five million into her main campaign committee. Now, 785 00:37:17,719 --> 00:37:19,799 Speaker 1: if you count all of her committees up, I think 786 00:37:19,840 --> 00:37:22,440 Speaker 1: it was like eight million dollars, but it was still 787 00:37:22,920 --> 00:37:26,839 Speaker 1: less than the eleven million that they touted. And they 788 00:37:26,920 --> 00:37:30,560 Speaker 1: achieved this through some very creative accounting. You might also say, 789 00:37:30,719 --> 00:37:34,480 Speaker 1: just like fraud, which is not fraud, not accounting fraud, 790 00:37:34,520 --> 00:37:36,880 Speaker 1: but like, you know, fraud to the American public in 791 00:37:36,960 --> 00:37:38,840 Speaker 1: terms of lying about what the actual numbers were. But 792 00:37:38,840 --> 00:37:40,880 Speaker 1: they just moved the money around and then they account 793 00:37:40,920 --> 00:37:42,640 Speaker 1: the money that was in the account and also the 794 00:37:42,680 --> 00:37:45,080 Speaker 1: transfer to the other account. That's how they came up 795 00:37:45,120 --> 00:37:48,480 Speaker 1: with this eleven million dollars, which I mean, it sort 796 00:37:48,520 --> 00:37:51,360 Speaker 1: of shows you how desperate she is to be taken seriously. 797 00:37:51,520 --> 00:37:54,880 Speaker 1: And the one area where she should be able to 798 00:37:54,920 --> 00:37:58,160 Speaker 1: really perform is on fundraising. Because this is someone who's 799 00:37:58,160 --> 00:38:00,520 Speaker 1: been cultivating a large donor network for a lot of 800 00:38:00,600 --> 00:38:03,640 Speaker 1: years now. The fact that she can't even hold up 801 00:38:03,640 --> 00:38:06,000 Speaker 1: her end of the deal on the fundraising front is 802 00:38:06,040 --> 00:38:06,799 Speaker 1: not a great sign for. 803 00:38:06,800 --> 00:38:07,680 Speaker 4: Oh, it's humiliating. 804 00:38:07,800 --> 00:38:11,840 Speaker 2: Yeah, Because the other thing I always never really understand 805 00:38:12,120 --> 00:38:15,360 Speaker 2: with these financial chakaneries is do you think that nobody 806 00:38:15,440 --> 00:38:17,799 Speaker 2: is going to be able to read like, initially sure, 807 00:38:17,880 --> 00:38:20,120 Speaker 2: well to you know, the press release, everyone was like, 808 00:38:20,120 --> 00:38:23,080 Speaker 2: oh wow, eleven million dollars, that's a lot. But all 809 00:38:23,120 --> 00:38:25,600 Speaker 2: it takes is one guy as it did here to 810 00:38:25,760 --> 00:38:28,840 Speaker 2: just look at the actual filing. You see filing and 811 00:38:28,880 --> 00:38:31,000 Speaker 2: be like, hey, wait, this is bullshit. You just used 812 00:38:31,000 --> 00:38:34,040 Speaker 2: a joint fundraising thing to carry over. And actually, whenever 813 00:38:34,120 --> 00:38:37,800 Speaker 2: you use the carryover, your fundraising hall is not only bad, 814 00:38:38,000 --> 00:38:41,640 Speaker 2: it's like mid as, it's as mid I guess as 815 00:38:41,640 --> 00:38:44,880 Speaker 2: it gets to borrow some gen z slang, and you 816 00:38:45,200 --> 00:38:47,680 Speaker 2: are not working out. It's not working out so well 817 00:38:47,719 --> 00:38:50,600 Speaker 2: for you with your overall fundraising numbers. So I don't 818 00:38:50,640 --> 00:38:52,399 Speaker 2: I don't even know why you try and pull the trick. 819 00:38:53,239 --> 00:38:53,880 Speaker 2: What's the point? 820 00:38:54,000 --> 00:38:56,839 Speaker 1: Campaigns front run their numbers all the time, put out 821 00:38:56,880 --> 00:38:59,399 Speaker 1: press releases, try and spin them in the most positive way. 822 00:38:59,520 --> 00:39:01,840 Speaker 1: You know, the crunch the number and we have thousands 823 00:39:01,840 --> 00:39:04,560 Speaker 1: of small dollar donations, and you know, put out what 824 00:39:04,600 --> 00:39:08,120 Speaker 1: otherever talking points they want about their fundraising numbers, and 825 00:39:08,440 --> 00:39:11,880 Speaker 1: obviously they're meant to create a certain impression of the campaign, 826 00:39:11,960 --> 00:39:14,160 Speaker 1: either that it's you know, grossroots funded, or that the 827 00:39:14,200 --> 00:39:16,320 Speaker 1: overall number is really eye popping and impressive. 828 00:39:16,480 --> 00:39:17,160 Speaker 3: Or whatever. 829 00:39:17,800 --> 00:39:21,880 Speaker 1: But I have never seen anyone try to like just 830 00:39:22,000 --> 00:39:26,200 Speaker 1: basically lie in those press releases because you're literally gonna 831 00:39:26,200 --> 00:39:27,719 Speaker 1: get caught in a week's time. 832 00:39:28,280 --> 00:39:29,240 Speaker 3: So it never. 833 00:39:29,080 --> 00:39:31,840 Speaker 1: Occurred to me when we were reporting on what she 834 00:39:32,000 --> 00:39:34,640 Speaker 1: was claiming, she raised to be like, yeah, we'll wait 835 00:39:34,680 --> 00:39:36,960 Speaker 1: and see if that's actually the number, because I've just 836 00:39:37,040 --> 00:39:41,000 Speaker 1: never seen a campaign so shamelessly try to spin and 837 00:39:41,040 --> 00:39:43,640 Speaker 1: inflate that number in a way that to your point, Soccer, 838 00:39:44,080 --> 00:39:47,600 Speaker 1: you're gonna get caught. It's all gonna be public in 839 00:39:47,760 --> 00:39:50,640 Speaker 1: just a matter of days. So like, not only does 840 00:39:50,640 --> 00:39:53,719 Speaker 1: it call in to question her honesty and integrity, yes, 841 00:39:53,960 --> 00:39:55,040 Speaker 1: it also calls. 842 00:39:54,760 --> 00:39:56,160 Speaker 3: Into question judgment. 843 00:39:56,239 --> 00:39:59,080 Speaker 1: I'm reminded of Elizabeth Warren with the whole like DNA 844 00:39:59,320 --> 00:40:00,640 Speaker 1: blood chests thing that. 845 00:40:00,560 --> 00:40:01,440 Speaker 3: She did wherever. 846 00:40:01,480 --> 00:40:04,360 Speaker 1: It was like, this is bad, and also like the 847 00:40:04,400 --> 00:40:06,080 Speaker 1: whole thought this was a good idea. 848 00:40:06,160 --> 00:40:07,480 Speaker 3: This just completely calls. 849 00:40:07,239 --> 00:40:09,480 Speaker 1: Into question whether you have the kind of judgment or 850 00:40:09,600 --> 00:40:11,720 Speaker 1: character that it would take to lead the country. 851 00:40:12,080 --> 00:40:15,880 Speaker 3: And yeah, it's sort of similar vibes here from Nicki Hayley. 852 00:40:16,000 --> 00:40:18,960 Speaker 2: Oh yeah, I don't even know how she possibly can 853 00:40:19,080 --> 00:40:20,600 Speaker 2: think that this is going to work out for her 854 00:40:20,800 --> 00:40:22,760 Speaker 2: exactly I mean, you know, at the same time, also, 855 00:40:22,840 --> 00:40:25,320 Speaker 2: it's not working out for her. That's really what the 856 00:40:25,360 --> 00:40:27,919 Speaker 2: answer is. Put this up there on the screen. I mean, 857 00:40:28,040 --> 00:40:31,520 Speaker 2: it doesn't take a genius. People, Nicki Haley four percent. 858 00:40:31,760 --> 00:40:34,520 Speaker 2: She's behind Ron DeSantis, a man who literally is not 859 00:40:34,600 --> 00:40:36,799 Speaker 2: in the race, and she's behind another guy named Mike 860 00:40:36,840 --> 00:40:39,040 Speaker 2: Pence who is also not in the race. 861 00:40:39,120 --> 00:40:41,840 Speaker 1: So and none of whom is close at all to 862 00:40:41,920 --> 00:40:43,240 Speaker 1: Donald Trump right point. 863 00:40:43,000 --> 00:40:45,440 Speaker 2: And Donald Trump is a fifty three percent and outright majority, 864 00:40:45,480 --> 00:40:48,000 Speaker 2: which almost belies the point as to why all of 865 00:40:48,040 --> 00:40:51,600 Speaker 2: the people underneath that name are completely almost basically irrelevant. 866 00:40:51,600 --> 00:40:54,680 Speaker 2: Now at this point, I don't know, maybe I'm just crazy, 867 00:40:54,880 --> 00:40:57,520 Speaker 2: you know, looking at this, I can't imagine what exactly 868 00:40:57,520 --> 00:41:00,800 Speaker 2: your real case is here. And I think that's why 869 00:41:01,080 --> 00:41:02,680 Speaker 2: I want to give props to Mike Pompeo. 870 00:41:02,800 --> 00:41:04,160 Speaker 4: Let's go and put this up there on the screen. 871 00:41:04,520 --> 00:41:06,279 Speaker 3: Not words that I've heard out of your mouth before, 872 00:41:06,480 --> 00:41:07,040 Speaker 3: I ever heard it. 873 00:41:07,000 --> 00:41:09,520 Speaker 2: Before, it never will again. He says he's not going 874 00:41:09,600 --> 00:41:12,319 Speaker 2: to run for president. This isn't our moment, you know. 875 00:41:12,719 --> 00:41:16,040 Speaker 2: I actually think it's good and we should applaud whenever 876 00:41:16,160 --> 00:41:20,040 Speaker 2: these people who are mostly narcissists can objectively just look 877 00:41:20,080 --> 00:41:22,520 Speaker 2: at the situation and be like, you know what, America, 878 00:41:22,800 --> 00:41:25,520 Speaker 2: it's not calling out for Mike right now, Mike twenty 879 00:41:25,560 --> 00:41:26,080 Speaker 2: twenty four. 880 00:41:26,400 --> 00:41:29,960 Speaker 4: That's not what people want, and that takes It's hard. 881 00:41:30,040 --> 00:41:32,239 Speaker 2: You know, when you're in a position like this, you've 882 00:41:32,239 --> 00:41:34,480 Speaker 2: been in a public office, You've got all these billionaires 883 00:41:34,520 --> 00:41:36,480 Speaker 2: in your ear about why it might work out for 884 00:41:36,520 --> 00:41:38,080 Speaker 2: you and all of that. But at the end of 885 00:41:38,120 --> 00:41:40,000 Speaker 2: the day, he came down and he just said, look, 886 00:41:40,040 --> 00:41:42,560 Speaker 2: I care about America. I've been thinking about this. If 887 00:41:42,560 --> 00:41:45,319 Speaker 2: things matter, but this just isn't our moment. He's right, 888 00:41:45,400 --> 00:41:47,239 Speaker 2: and I think we should applaud people whenever they bow 889 00:41:47,239 --> 00:41:49,040 Speaker 2: out of the race and they're like, it's not for me. 890 00:41:49,120 --> 00:41:50,319 Speaker 4: I'm not gonna waste everybody's time. 891 00:41:50,360 --> 00:41:53,400 Speaker 2: I'm not going to waste billionaire's money time or billionaire's 892 00:41:53,440 --> 00:41:56,200 Speaker 2: money and my own personal time, my family and all 893 00:41:56,200 --> 00:41:58,080 Speaker 2: of this and dragging him through something which isn't going 894 00:41:58,160 --> 00:42:00,319 Speaker 2: to work. There's only one guy who possibly could my work, 895 00:42:00,560 --> 00:42:03,040 Speaker 2: Ron DeSantis. Even then, I think the chances of that 896 00:42:03,080 --> 00:42:04,919 Speaker 2: are very low, but the only one with a real, 897 00:42:05,239 --> 00:42:08,360 Speaker 2: actual credible shot. Everybody else like, you're wasting air and 898 00:42:08,360 --> 00:42:09,479 Speaker 2: you're wasting other people's money. 899 00:42:09,560 --> 00:42:10,080 Speaker 4: Yeah, that's it. 900 00:42:10,280 --> 00:42:14,680 Speaker 1: Yeah, I mean it was interesting that he had that recognition. 901 00:42:15,040 --> 00:42:17,880 Speaker 1: I mean, the man has a terrible, I think I 902 00:42:17,880 --> 00:42:21,240 Speaker 1: would even say evil ideology when it comes to foreign policy. 903 00:42:21,280 --> 00:42:23,279 Speaker 1: So I'm very glad to see him not making that 904 00:42:23,360 --> 00:42:26,440 Speaker 1: case in this race. He's the type that you know 905 00:42:26,480 --> 00:42:28,680 Speaker 1: he'll be a dissenter from Trump, but like on all 906 00:42:28,760 --> 00:42:31,080 Speaker 1: the wrong things, like the few good things that Trump 907 00:42:31,120 --> 00:42:32,799 Speaker 1: would do in foreign policy, it would be like the 908 00:42:32,840 --> 00:42:34,759 Speaker 1: Mike Pompeo's and the John Boltons of the world to 909 00:42:34,800 --> 00:42:36,759 Speaker 1: be like, no, actually we should have gone to war 910 00:42:36,880 --> 00:42:40,440 Speaker 1: with the run or whatever. So okay, so that's Mike Pompeo. 911 00:42:40,719 --> 00:42:45,680 Speaker 1: He also he wouldn't endorse Trump when he decided not 912 00:42:45,760 --> 00:42:49,480 Speaker 1: to run, but he said, I think Americans are thirsting 913 00:42:49,520 --> 00:42:52,400 Speaker 1: for people making arguments, not just tweets. 914 00:42:52,840 --> 00:42:56,200 Speaker 3: So again, it's this sort of like passive aggressive hit 915 00:42:56,280 --> 00:42:59,600 Speaker 3: on Trump, which I don't know, I don't get it. 916 00:43:00,080 --> 00:43:02,919 Speaker 1: He wouldn't rule out endorsing Trump, right, but he would 917 00:43:02,960 --> 00:43:04,520 Speaker 1: take you took this little. 918 00:43:04,360 --> 00:43:05,120 Speaker 3: Jab at him. 919 00:43:05,200 --> 00:43:08,680 Speaker 1: So again, I just think it's so interesting that people 920 00:43:08,719 --> 00:43:10,680 Speaker 1: think that they're going to be able, that anyone's going 921 00:43:10,760 --> 00:43:12,400 Speaker 1: to be able to defeat Trump when no one is 922 00:43:12,480 --> 00:43:15,280 Speaker 1: even even people aren't even in the race anymore, aren't 923 00:43:15,280 --> 00:43:17,880 Speaker 1: even willing to really directly criticize him or say that 924 00:43:17,880 --> 00:43:19,240 Speaker 1: they wouldn't back him for president. 925 00:43:19,320 --> 00:43:20,720 Speaker 2: Ultimately, I think you're right, Crystal. 926 00:43:21,440 --> 00:43:23,719 Speaker 1: At the same time, we got some news about the 927 00:43:23,760 --> 00:43:28,160 Speaker 1: current president and whatever is going on with his presidential campaign. 928 00:43:28,200 --> 00:43:30,800 Speaker 1: To be let's put this up on the screen from. 929 00:43:30,600 --> 00:43:31,319 Speaker 3: The New York Times. 930 00:43:31,400 --> 00:43:34,840 Speaker 1: They had a big deep dive into the machinations behind 931 00:43:34,880 --> 00:43:38,120 Speaker 1: the scene in Biden world. This is Shane Goldmacher. He 932 00:43:38,160 --> 00:43:41,680 Speaker 1: says new Biden twenty twenty four planning has accelerated amid 933 00:43:41,840 --> 00:43:45,920 Speaker 1: conflicting signals on what quote relatively soon means a four 934 00:43:45,960 --> 00:43:49,040 Speaker 1: to twenty five video announcement video the anniversary of his 935 00:43:49,080 --> 00:43:52,279 Speaker 1: twenty nineteen entry has been discussed, but some way benefits 936 00:43:52,320 --> 00:43:52,920 Speaker 1: of delay. 937 00:43:53,680 --> 00:43:55,279 Speaker 3: If you read through this piece. 938 00:43:55,360 --> 00:43:59,560 Speaker 1: Basically, the big concern among his aides over how early 939 00:43:59,600 --> 00:44:03,080 Speaker 1: he should launch is they're worried about whether he can 940 00:44:03,160 --> 00:44:06,880 Speaker 1: handle the scrutiny and the grueling nature of running for 941 00:44:06,960 --> 00:44:10,480 Speaker 1: president again. And so part of the reason why this 942 00:44:10,520 --> 00:44:12,320 Speaker 1: has been pushed off and off and off. HM, we 943 00:44:12,320 --> 00:44:14,960 Speaker 1: are supposed to be like during the holidays, and then 944 00:44:15,000 --> 00:44:16,919 Speaker 1: it was going to be early in the year, and 945 00:44:16,960 --> 00:44:18,759 Speaker 1: then apparently it was going to be April twenty fifth, 946 00:44:18,760 --> 00:44:20,400 Speaker 1: and it doesn't look particularly look like it's going to 947 00:44:20,400 --> 00:44:22,520 Speaker 1: be April twenty fifth now, given that they have not 948 00:44:22,600 --> 00:44:26,160 Speaker 1: even picked a campaign chairman yet, someone to run this campaign. 949 00:44:26,200 --> 00:44:28,239 Speaker 1: They have not even settled on at this point or 950 00:44:28,280 --> 00:44:31,719 Speaker 1: even the top level team. So it looks like most 951 00:44:31,719 --> 00:44:34,480 Speaker 1: of the concerns are what you would kind of expect. 952 00:44:34,800 --> 00:44:37,879 Speaker 1: That he is not at the top of his game. 953 00:44:38,160 --> 00:44:40,600 Speaker 1: He makes a lot of gaffs. Whatever he is in 954 00:44:40,600 --> 00:44:42,960 Speaker 1: front of a camera, they try to keep him hidden 955 00:44:43,000 --> 00:44:45,719 Speaker 1: as much as possible. He does very few interviews, very 956 00:44:45,719 --> 00:44:49,399 Speaker 1: little interaction with the press. And then it's also, you know, 957 00:44:49,440 --> 00:44:52,560 Speaker 1: it's very challenging being out on the presidential campaign trail. 958 00:44:52,680 --> 00:44:54,839 Speaker 1: He really got lucky less time around by the fact 959 00:44:54,880 --> 00:44:58,600 Speaker 1: that the pandemic made it acceptable for him to never 960 00:44:58,680 --> 00:45:02,000 Speaker 1: leave his house. Not going to have that excuse this time. 961 00:45:02,320 --> 00:45:05,279 Speaker 1: The expectation is going to be once you press, once 962 00:45:05,320 --> 00:45:08,360 Speaker 1: you you know, say, go on the presidential campaign, that 963 00:45:08,440 --> 00:45:11,040 Speaker 1: at the very least you're gonna be working the donor circuits. 964 00:45:11,160 --> 00:45:15,040 Speaker 1: You're right, So yeah, they're worried about whether he can 965 00:45:15,080 --> 00:45:18,160 Speaker 1: actually handle this and trying to condense the amount of 966 00:45:18,200 --> 00:45:21,720 Speaker 1: time that he actually has to manage running a campaign. 967 00:45:21,840 --> 00:45:24,640 Speaker 2: I just don't know how it can possibly work now, 968 00:45:25,200 --> 00:45:27,120 Speaker 2: Like you have to be in it if you're going 969 00:45:27,200 --> 00:45:30,520 Speaker 2: to go for it, and there's this long standing caution 970 00:45:31,080 --> 00:45:34,240 Speaker 2: is just really odd. But it also makes sense whenever 971 00:45:34,480 --> 00:45:37,560 Speaker 2: every single time that he is out there, every single 972 00:45:37,600 --> 00:45:40,359 Speaker 2: time that he has an event or any of that, 973 00:45:40,480 --> 00:45:42,600 Speaker 2: he just always is sticking his foot in his mouth, 974 00:45:42,640 --> 00:45:45,200 Speaker 2: which is why they want him to shut up and 975 00:45:45,239 --> 00:45:47,399 Speaker 2: not even be out on the campaign trail right now. 976 00:45:47,480 --> 00:45:50,920 Speaker 2: The latest example is saying that we're going to quote 977 00:45:51,000 --> 00:45:54,200 Speaker 2: lick the world. Take a listen, So thank you all, 978 00:45:54,320 --> 00:45:55,160 Speaker 2: God bless you all. 979 00:45:55,320 --> 00:45:58,879 Speaker 9: Let's go, let's go lick the world. Let's get it done. 980 00:46:01,719 --> 00:46:03,960 Speaker 4: What are you saying? What's happening here? 981 00:46:04,440 --> 00:46:06,319 Speaker 2: You know? And I talk to people who like to 982 00:46:06,360 --> 00:46:09,000 Speaker 2: a Biden, who appreciate a lot of what he's done, 983 00:46:09,600 --> 00:46:12,239 Speaker 2: and everyone's just like, yeah, he's just really old man, 984 00:46:12,280 --> 00:46:15,360 Speaker 2: he's you know, and people people always got uncomfortableen they 985 00:46:15,400 --> 00:46:17,560 Speaker 2: discuss it. They're like, I appreciate him, I like what 986 00:46:17,600 --> 00:46:20,480 Speaker 2: he's done, but you know, in hush tones. People will 987 00:46:20,480 --> 00:46:22,879 Speaker 2: say things like, you know, when old people just really 988 00:46:22,880 --> 00:46:24,799 Speaker 2: reached that point where they're kind of cranky all the 989 00:46:24,840 --> 00:46:27,719 Speaker 2: time and they're not listening. It's just very clear anybody's 990 00:46:28,040 --> 00:46:32,359 Speaker 2: ever interacted with an elderly citizen knows exactly what's going 991 00:46:32,400 --> 00:46:35,839 Speaker 2: on here, and they say weird stuff. And it's one 992 00:46:35,840 --> 00:46:38,000 Speaker 2: of those where it's like, if you was really behind 993 00:46:38,040 --> 00:46:40,000 Speaker 2: the wheel of a car and you were in the backseat, 994 00:46:40,040 --> 00:46:42,480 Speaker 2: would you be one hundred percent certain that you were 995 00:46:42,480 --> 00:46:44,680 Speaker 2: in good hands if this was your uber driver. 996 00:46:44,920 --> 00:46:46,799 Speaker 4: No, I think everyone knows that. Now. 997 00:46:47,200 --> 00:46:48,759 Speaker 1: Look, I'd be looking in the rear view mirror to 998 00:46:48,760 --> 00:46:50,400 Speaker 1: make sure he's yeah, exactly. 999 00:46:50,440 --> 00:46:53,200 Speaker 2: The whole time. You'd be like, you know, oven lanes here, 1000 00:46:53,239 --> 00:46:55,520 Speaker 2: like you got your neck all the way over just. 1001 00:46:55,520 --> 00:46:56,080 Speaker 4: To make sure. 1002 00:46:56,440 --> 00:46:59,359 Speaker 3: You never know, right, And like that does abers. 1003 00:46:59,080 --> 00:47:01,640 Speaker 2: Before anyone who has been into their grandparents car or 1004 00:47:01,680 --> 00:47:02,200 Speaker 2: something like that. 1005 00:47:02,280 --> 00:47:03,320 Speaker 4: You know what I'm talking about. 1006 00:47:03,480 --> 00:47:06,720 Speaker 2: And this is the issue, which is at the same time, 1007 00:47:06,800 --> 00:47:09,160 Speaker 2: he's a credible he's the current president of the United States. 1008 00:47:09,239 --> 00:47:13,040 Speaker 2: He's got a very credible case for winning, especially visa 1009 00:47:13,080 --> 00:47:17,440 Speaker 2: VI Donald Trump and his own worst enemy is himself. 1010 00:47:17,719 --> 00:47:18,759 Speaker 4: I've always just think that. 1011 00:47:18,719 --> 00:47:21,319 Speaker 2: The oddest thing about Biden is that it's not about 1012 00:47:21,360 --> 00:47:23,640 Speaker 2: him at all. It really is just about Trump. He 1013 00:47:23,800 --> 00:47:25,759 Speaker 2: is just the anti Trump, but he's still not the 1014 00:47:25,800 --> 00:47:28,640 Speaker 2: main character, even though it's his own presidency, and that 1015 00:47:28,760 --> 00:47:32,120 Speaker 2: is dramatically to his political benefit, which is just strange. 1016 00:47:32,200 --> 00:47:34,359 Speaker 1: The one thing for an American president, the one thing 1017 00:47:34,400 --> 00:47:37,560 Speaker 1: you can say in his favor or potentially in his 1018 00:47:37,600 --> 00:47:39,160 Speaker 1: team's favor, is they kind. 1019 00:47:39,000 --> 00:47:39,680 Speaker 3: Of understand that. 1020 00:47:39,760 --> 00:47:40,279 Speaker 4: Yeah, they do. 1021 00:47:40,440 --> 00:47:43,040 Speaker 1: In that New York Times article, they say the Biden 1022 00:47:43,080 --> 00:47:45,680 Speaker 1: campaign in waiting is expected to be built around one 1023 00:47:45,719 --> 00:47:48,640 Speaker 1: of the president's favorite political sayings, quote, don't compare me 1024 00:47:48,719 --> 00:47:50,360 Speaker 1: to the almighty, compare. 1025 00:47:50,000 --> 00:47:51,040 Speaker 3: Me to the alternative. 1026 00:47:51,719 --> 00:47:55,040 Speaker 1: The subtext there, of course, being like, listen, y'all might 1027 00:47:55,080 --> 00:47:57,239 Speaker 1: not love me, but come on, this guy over here, 1028 00:47:57,320 --> 00:48:00,000 Speaker 1: Trump with his like you know, January sixth and stuff, 1029 00:48:00,200 --> 00:48:03,520 Speaker 1: the steal and probably multiple indictments by the time that 1030 00:48:03,600 --> 00:48:05,880 Speaker 1: this is all said and done, you really want that 1031 00:48:05,960 --> 00:48:10,360 Speaker 1: dude back. That's their whole pitch, that's their whole concept 1032 00:48:10,400 --> 00:48:12,360 Speaker 1: of what this campaign will be about. And it always 1033 00:48:12,360 --> 00:48:14,520 Speaker 1: has been. I mean, that was really the pitch last time. 1034 00:48:14,960 --> 00:48:16,840 Speaker 1: Ron Klaine laid it out very clearly when he was 1035 00:48:16,880 --> 00:48:19,759 Speaker 1: talking about, you know, Emanuel Macron getting reelected with like 1036 00:48:19,760 --> 00:48:23,080 Speaker 1: a thirty percent approval rating, He's like, Oh, interesting, how 1037 00:48:23,120 --> 00:48:25,720 Speaker 1: you can pull that off if your opponent is someone 1038 00:48:25,760 --> 00:48:28,640 Speaker 1: that the public likes even less than the person who 1039 00:48:28,800 --> 00:48:32,120 Speaker 1: holds the position of power. To the point of the 1040 00:48:32,120 --> 00:48:35,120 Speaker 1: fact that there are internal concerns about how he'll be 1041 00:48:35,160 --> 00:48:39,040 Speaker 1: able to handle another presidential campaign. They say in that article, 1042 00:48:39,080 --> 00:48:42,799 Speaker 1: if mister Obama had soaring oratory and mister Trump had 1043 00:48:43,280 --> 00:48:46,840 Speaker 1: concert like rallies, mister Biden's advisors feel his strength is 1044 00:48:46,880 --> 00:48:51,120 Speaker 1: his governing ability and projection of competence. Major eyebrow raise 1045 00:48:51,200 --> 00:48:54,040 Speaker 1: for me on that one. Spending time on the campaign trails, 1046 00:48:54,200 --> 00:48:59,160 Speaker 1: with its unscripted moments, introduces the risk of age related mishaps. 1047 00:48:59,280 --> 00:49:02,440 Speaker 1: Is the very full wording here from the New York Times. 1048 00:49:02,960 --> 00:49:05,279 Speaker 1: Our friend Chuck Roache had a quote in this piece. 1049 00:49:05,320 --> 00:49:07,879 Speaker 1: He says, the longer he waits, the less scrutiny he's under. 1050 00:49:07,960 --> 00:49:10,399 Speaker 1: You have to measure that against creating momentum in these 1051 00:49:10,400 --> 00:49:12,960 Speaker 1: states that will matter. You've got to build infrastructure, because 1052 00:49:12,960 --> 00:49:15,520 Speaker 1: that's the balancing act. On the one hand, you don't 1053 00:49:15,520 --> 00:49:17,239 Speaker 1: really want him out there on the campaign trail. 1054 00:49:17,320 --> 00:49:18,600 Speaker 3: You don't really want him having. 1055 00:49:18,440 --> 00:49:21,240 Speaker 1: To fly across the country and work the donor circuit 1056 00:49:21,239 --> 00:49:23,920 Speaker 1: in San Francisco or you know, up in New York 1057 00:49:24,040 --> 00:49:26,600 Speaker 1: or Texas or wherever you're going to go, because this 1058 00:49:26,680 --> 00:49:29,040 Speaker 1: is not someone who has any sort of demonstrated grassroots 1059 00:49:29,040 --> 00:49:32,200 Speaker 1: fundraising ability, So you have to do it the old 1060 00:49:32,280 --> 00:49:36,640 Speaker 1: school fly around and work the donors and flatterer their egos, 1061 00:49:36,760 --> 00:49:39,480 Speaker 1: all of which is very time and labor intensive. So 1062 00:49:39,880 --> 00:49:42,319 Speaker 1: there's that concern that you don't really want him having 1063 00:49:42,360 --> 00:49:44,880 Speaker 1: to do those things. Weigh against the fact that listen, 1064 00:49:44,920 --> 00:49:47,439 Speaker 1: campaigns take time to build. It takes time to raise 1065 00:49:47,480 --> 00:49:50,000 Speaker 1: that money, it takes time to build momentum, it takes 1066 00:49:50,040 --> 00:49:52,439 Speaker 1: time to build out your organization, and as of now, 1067 00:49:52,480 --> 00:49:56,240 Speaker 1: they don't even have someone who is running the campaign today. 1068 00:49:56,400 --> 00:50:00,319 Speaker 1: So it's an extraordinary statement on you know, the level 1069 00:50:00,360 --> 00:50:02,840 Speaker 1: of confidence that his own team has in his ability 1070 00:50:02,920 --> 00:50:06,440 Speaker 1: to handle this. And I think you're right Sager that 1071 00:50:06,760 --> 00:50:09,400 Speaker 1: the general sentiment from Democrats and not even from the 1072 00:50:09,440 --> 00:50:11,600 Speaker 1: general public, is like they have a lot of affection 1073 00:50:11,640 --> 00:50:14,480 Speaker 1: for Joe Biden. They appreciate his time with Barack Obama, 1074 00:50:14,640 --> 00:50:17,040 Speaker 1: they appreciate that he was able to defeat Donald Trump, 1075 00:50:17,360 --> 00:50:19,319 Speaker 1: and they would prefer that it be someone else next 1076 00:50:19,360 --> 00:50:19,840 Speaker 1: time around. 1077 00:50:19,920 --> 00:50:22,960 Speaker 2: That's right, Yeah, no, that's really what the predominant feeling is. 1078 00:50:23,000 --> 00:50:25,080 Speaker 2: But you know, they've bocked themselves in a position where 1079 00:50:25,080 --> 00:50:26,360 Speaker 2: they don't really have anybody else. 1080 00:50:26,800 --> 00:50:28,440 Speaker 4: Who are you going to the guy who can't. 1081 00:50:28,920 --> 00:50:31,920 Speaker 2: The least most unpopular vice president in modern American history, 1082 00:50:32,160 --> 00:50:34,719 Speaker 2: or the guy who melted down American air travel for 1083 00:50:34,760 --> 00:50:38,120 Speaker 2: two years? Like you don't have a very credible case. Yeah, 1084 00:50:38,160 --> 00:50:41,000 Speaker 2: for outside of it, that's a difficult spot for them 1085 00:50:41,040 --> 00:50:44,440 Speaker 2: to be in. And look, it's obviously of their own making. 1086 00:50:44,480 --> 00:50:46,960 Speaker 2: And I also think that Chuck is correct about balancing 1087 00:50:46,960 --> 00:50:50,400 Speaker 2: the infrastructure point where look, Trumping lost by thirty thousand votes. 1088 00:50:50,480 --> 00:50:52,040 Speaker 4: Like this, it's not a game, you. 1089 00:50:51,960 --> 00:50:54,200 Speaker 2: Know, whenever you're running for president, if you believe that 1090 00:50:54,280 --> 00:50:57,040 Speaker 2: it is is the existential threat that you constantly say 1091 00:50:57,239 --> 00:50:57,840 Speaker 2: on the campaign. 1092 00:50:57,880 --> 00:50:59,640 Speaker 4: If you believe that that, you should be working very 1093 00:50:59,680 --> 00:51:01,680 Speaker 4: very to do that. But you're not. You're actually kind 1094 00:51:01,680 --> 00:51:02,000 Speaker 4: of lazy. 1095 00:51:02,080 --> 00:51:04,160 Speaker 2: You just sit in the White House going to Dublin 1096 00:51:04,280 --> 00:51:07,200 Speaker 2: for literally no reason, you know, to celebrate the Good 1097 00:51:07,200 --> 00:51:10,200 Speaker 2: Friday Agreement, I guess, and to meet with the UK 1098 00:51:10,600 --> 00:51:13,040 Speaker 2: Prime Minister. It's like, all right, like what are you 1099 00:51:13,080 --> 00:51:15,920 Speaker 2: really doing for people? Like, what are you actually working 1100 00:51:16,120 --> 00:51:19,160 Speaker 2: quote unquote hard Like most people barely even think about 1101 00:51:19,280 --> 00:51:21,800 Speaker 2: the president. To some extent, that's a good thing for 1102 00:51:21,880 --> 00:51:23,280 Speaker 2: him because they're thinking about Trump. 1103 00:51:23,320 --> 00:51:25,600 Speaker 4: But I don't really think that's how things should be. 1104 00:51:25,800 --> 00:51:29,160 Speaker 2: And most people, I think agree that they don't want 1105 00:51:29,200 --> 00:51:32,799 Speaker 2: to have a president in this strange position where their 1106 00:51:32,880 --> 00:51:35,440 Speaker 2: only extent that they support him is just because they 1107 00:51:35,440 --> 00:51:37,799 Speaker 2: don't like somebody else. Yeah, almighty quote was right on 1108 00:51:37,840 --> 00:51:38,160 Speaker 2: the money. 1109 00:51:38,239 --> 00:51:41,680 Speaker 1: Yeah, I mean, this is why, in spite of the 1110 00:51:41,719 --> 00:51:44,880 Speaker 1: fact that Marian's been like completely invisibilized by the mainstream press, 1111 00:51:44,880 --> 00:51:47,359 Speaker 1: why she's at fourteen percent in battleground states and over 1112 00:51:47,400 --> 00:51:51,279 Speaker 1: twenty percent with young people, because people are like, they 1113 00:51:51,320 --> 00:51:54,520 Speaker 1: want another option, and you know, she's blowing up on TikTok, 1114 00:51:54,560 --> 00:51:57,719 Speaker 1: as Ryan Grim reported, So there is a hunger for 1115 00:51:58,200 --> 00:52:00,800 Speaker 1: something different. But of course got to weigh that against 1116 00:52:00,800 --> 00:52:03,120 Speaker 1: the fact you've got an incumbent president and they're going 1117 00:52:03,200 --> 00:52:05,640 Speaker 1: to bring every force to bear to try to guarantee 1118 00:52:05,640 --> 00:52:08,759 Speaker 1: he's phenomenee. And you know, we'll see what happens in 1119 00:52:08,760 --> 00:52:09,440 Speaker 1: the general election. 1120 00:52:09,560 --> 00:52:14,920 Speaker 2: Yes, certainly, all right, let's talk about AI regulation. This 1121 00:52:14,960 --> 00:52:17,840 Speaker 2: is a really important one. Been talking about thinking about 1122 00:52:17,840 --> 00:52:20,359 Speaker 2: it a lot. And there's a new poll actually that 1123 00:52:20,440 --> 00:52:22,279 Speaker 2: came out the kind of ignited and why we want 1124 00:52:22,320 --> 00:52:23,920 Speaker 2: to talk about. Let's put this up there on the screen. 1125 00:52:24,360 --> 00:52:27,719 Speaker 2: The share of Americans who quote strongly or somewhat support 1126 00:52:27,920 --> 00:52:31,160 Speaker 2: a pause on the development of advanced AI to regulate 1127 00:52:31,280 --> 00:52:37,320 Speaker 2: artificial intelligence all adults fifty six percent. Weekly AI users 1128 00:52:37,560 --> 00:52:39,040 Speaker 2: is actually sixty four percent. 1129 00:52:39,080 --> 00:52:39,840 Speaker 3: Yeah, that's interesting. 1130 00:52:39,920 --> 00:52:44,440 Speaker 2: Not AI users is fifty two percent aware of AGI 1131 00:52:44,600 --> 00:52:47,640 Speaker 2: or the singularity sixty five percent. Now, look, obviously, I 1132 00:52:47,680 --> 00:52:49,200 Speaker 2: think it's going to be a pretty small slice of 1133 00:52:49,239 --> 00:52:53,040 Speaker 2: Americans who even use AI on a weekly basis. I 1134 00:52:53,040 --> 00:52:55,080 Speaker 2: guess I would count myself within that. I play around 1135 00:52:55,120 --> 00:52:57,000 Speaker 2: with ch hat GPT every once in. 1136 00:52:56,880 --> 00:53:01,000 Speaker 3: A while, but it believes that uncommon weekly AI. 1137 00:53:01,600 --> 00:53:02,040 Speaker 4: I don't know. 1138 00:53:02,520 --> 00:53:05,520 Speaker 2: I would say, what do people think? Let's guess before 1139 00:53:05,560 --> 00:53:07,279 Speaker 2: we actually look up the real numbers. I'm gonna say 1140 00:53:07,280 --> 00:53:10,080 Speaker 2: ten million, ten million, which seems actually kind of high 1141 00:53:10,160 --> 00:53:13,240 Speaker 2: if you think about all students, high school students, casual 1142 00:53:13,360 --> 00:53:14,160 Speaker 2: users like us. 1143 00:53:14,440 --> 00:53:17,160 Speaker 3: Yeah, yeah, I don't know. I put it higher than that. 1144 00:53:17,280 --> 00:53:18,440 Speaker 4: You think higher than ten million. 1145 00:53:18,360 --> 00:53:19,560 Speaker 3: Yeah, I'm gonna say twenty million. 1146 00:53:19,600 --> 00:53:23,399 Speaker 2: Okay, all right, so somebody google it, Matt control Room, 1147 00:53:23,520 --> 00:53:24,000 Speaker 2: google it. 1148 00:53:24,000 --> 00:53:25,560 Speaker 4: Give me a nums while I'm talking. 1149 00:53:25,640 --> 00:53:28,439 Speaker 2: Yeah, all right. So at the same time, Elon Musk, 1150 00:53:28,480 --> 00:53:29,960 Speaker 2: let's go and put this up there on the screen, 1151 00:53:30,520 --> 00:53:33,319 Speaker 2: has been and has been publicizing that he agrees that 1152 00:53:33,360 --> 00:53:36,359 Speaker 2: AI quote will hit people like an asteroid, and says 1153 00:53:36,360 --> 00:53:38,560 Speaker 2: that he actually used one of his meetings with President 1154 00:53:38,680 --> 00:53:42,480 Speaker 2: Obama to urge regulation. But I think all of this 1155 00:53:42,600 --> 00:53:46,240 Speaker 2: comes back to a question of what kind of regulation. 1156 00:53:46,320 --> 00:53:48,719 Speaker 2: I've been thinking about this one for a while. I 1157 00:53:48,920 --> 00:53:51,920 Speaker 2: listened to a couple of podcasts with Lex Friedman and others, 1158 00:53:51,920 --> 00:53:54,680 Speaker 2: people who have been thinking about this deeper than I have, 1159 00:53:54,800 --> 00:53:58,200 Speaker 2: and I've come around to where I think the Internet 1160 00:53:58,320 --> 00:54:01,960 Speaker 2: went wrong is that we never had an idea of 1161 00:54:02,000 --> 00:54:03,960 Speaker 2: what the Internet was going to be. We had a 1162 00:54:04,000 --> 00:54:08,200 Speaker 2: promise of free speech, of freedom, of lack of centralization 1163 00:54:08,600 --> 00:54:10,800 Speaker 2: and all that, but eventually the same market forces that 1164 00:54:10,840 --> 00:54:13,480 Speaker 2: took over the US economy came to dominate the Internet. 1165 00:54:13,760 --> 00:54:16,839 Speaker 2: So to prevent that, I would say, let's establish some 1166 00:54:16,880 --> 00:54:21,279 Speaker 2: first principles and allow dynamic regulation to happen within those 1167 00:54:21,280 --> 00:54:24,200 Speaker 2: first principles and not rewrite them again in the future 1168 00:54:24,239 --> 00:54:26,680 Speaker 2: and try to grapple with the impacts of having them 1169 00:54:26,719 --> 00:54:30,480 Speaker 2: go away. To me, pro human that's actually number one, yes, 1170 00:54:31,000 --> 00:54:33,839 Speaker 2: but defining that is incredibly difficult. I don't know what 1171 00:54:33,840 --> 00:54:36,759 Speaker 2: that means. And also does it even matter, because do 1172 00:54:36,880 --> 00:54:40,160 Speaker 2: American regulations matter when China has its own quantum computing 1173 00:54:40,200 --> 00:54:42,400 Speaker 2: in its own AI industry and they don't care about 1174 00:54:42,560 --> 00:54:45,799 Speaker 2: any of that. But to me, if I could wave 1175 00:54:45,840 --> 00:54:48,640 Speaker 2: a magic wand and where I think good AI regulation 1176 00:54:48,960 --> 00:54:52,640 Speaker 2: pro human as in AI should be coded and should 1177 00:54:52,680 --> 00:54:55,600 Speaker 2: have principles embedded within it to the extent that humans 1178 00:54:55,600 --> 00:54:58,239 Speaker 2: can impact it in the parameters, which by and Lars 1179 00:54:58,239 --> 00:55:01,160 Speaker 2: Emosa can right now. Whenever they're programming. It should be 1180 00:55:01,280 --> 00:55:04,520 Speaker 2: to the benefit of humankind. Should not be to try 1181 00:55:04,719 --> 00:55:08,960 Speaker 2: and supplant humans. Should be a tool like email or 1182 00:55:09,000 --> 00:55:11,680 Speaker 2: something that we use to enhance our experience rather than 1183 00:55:11,719 --> 00:55:12,920 Speaker 2: to supplant our experience. 1184 00:55:13,120 --> 00:55:14,000 Speaker 4: That would be number one. 1185 00:55:14,200 --> 00:55:16,279 Speaker 2: Number two, at least here in the United States and 1186 00:55:16,280 --> 00:55:21,359 Speaker 2: hopefully in the Global West, is lack of editorialization, as 1187 00:55:21,440 --> 00:55:25,879 Speaker 2: in do not allow hardcoded political correctness, as we've seen 1188 00:55:25,920 --> 00:55:30,280 Speaker 2: in chat GPT to bias certain topics against certain other ones. 1189 00:55:30,400 --> 00:55:33,759 Speaker 2: You have to have genuine intellectual freedom in the way 1190 00:55:33,760 --> 00:55:36,040 Speaker 2: that these AI bots and others that are going to 1191 00:55:36,040 --> 00:55:38,319 Speaker 2: shape the way that people think in the future, be 1192 00:55:38,400 --> 00:55:41,840 Speaker 2: able to surface all information and to simply make and 1193 00:55:41,960 --> 00:55:44,160 Speaker 2: again use it as a tool such that we can 1194 00:55:44,200 --> 00:55:46,359 Speaker 2: make up our minds ourselves. So chat GBT right now, 1195 00:55:46,400 --> 00:55:48,480 Speaker 2: as all this political correctness is all this stuff baked 1196 00:55:48,480 --> 00:55:50,000 Speaker 2: into it, people want to write wing alternative. 1197 00:55:50,000 --> 00:55:51,040 Speaker 4: I don't want to write wing alternative. 1198 00:55:51,040 --> 00:55:53,040 Speaker 2: I just want to I want something that has no 1199 00:55:53,200 --> 00:55:56,160 Speaker 2: bias in it whatsoever, as scary as that might be. 1200 00:55:56,239 --> 00:55:58,319 Speaker 4: Although you know, maybe we need a little bit of. 1201 00:55:58,320 --> 00:56:01,120 Speaker 2: A dose of reality. So those are really the only 1202 00:56:01,160 --> 00:56:03,640 Speaker 2: two crystal that matter the most to me. Number three 1203 00:56:03,760 --> 00:56:06,359 Speaker 2: is the is an economic one outside of that, which 1204 00:56:06,400 --> 00:56:09,360 Speaker 2: is no one company should ever have over fifty percent 1205 00:56:09,400 --> 00:56:12,160 Speaker 2: market share or should ever have over fifty percent market share. 1206 00:56:12,239 --> 00:56:13,920 Speaker 4: Yeah, And artificial intelligence. 1207 00:56:13,560 --> 00:56:14,040 Speaker 3: That's important. 1208 00:56:14,080 --> 00:56:14,279 Speaker 4: That's it. 1209 00:56:14,560 --> 00:56:16,359 Speaker 3: Those are actually enforcing my three. 1210 00:56:16,480 --> 00:56:18,959 Speaker 2: It looked at like you can't have a Google of AI. 1211 00:56:19,000 --> 00:56:20,880 Speaker 1: You just can't, I think one of the most So 1212 00:56:21,000 --> 00:56:24,440 Speaker 1: a couple things. Number one, there's even a definition problem 1213 00:56:24,520 --> 00:56:26,920 Speaker 1: of like what is AI? Because part of why this 1214 00:56:27,000 --> 00:56:29,439 Speaker 1: conversation has been sparked now is because you have these 1215 00:56:29,480 --> 00:56:32,440 Speaker 1: new large language models like chat GPT, where suddenly you 1216 00:56:32,480 --> 00:56:35,600 Speaker 1: have the general population able to play around with this and. 1217 00:56:35,560 --> 00:56:38,480 Speaker 3: Be like, whoa, this is crazy, right. 1218 00:56:38,840 --> 00:56:45,320 Speaker 1: But remember that companies and governments have been using AI 1219 00:56:45,600 --> 00:56:49,719 Speaker 1: algorithms to make all sorts of decisions for a while now, 1220 00:56:50,160 --> 00:56:53,560 Speaker 1: and we already know the way that this can cause problems. 1221 00:56:53,560 --> 00:56:56,040 Speaker 1: I'll just tell you one example that I read about 1222 00:56:56,160 --> 00:57:00,680 Speaker 1: recently is a man got pulled over like regular traffic stop, 1223 00:57:00,680 --> 00:57:04,520 Speaker 1: although he wasn't really doing anything wrong, but the police 1224 00:57:04,560 --> 00:57:08,040 Speaker 1: had his plates on some sort of a list of like, okay, 1225 00:57:08,080 --> 00:57:09,480 Speaker 1: this person has committed crimes. 1226 00:57:09,520 --> 00:57:11,239 Speaker 3: If you see him, then pull them over. They pull 1227 00:57:11,280 --> 00:57:13,480 Speaker 3: them over, and they arrest him. 1228 00:57:14,080 --> 00:57:17,600 Speaker 1: What this was based on was an AI program that 1229 00:57:17,840 --> 00:57:22,160 Speaker 1: did facial recognition, and they claimed that he had been 1230 00:57:22,200 --> 00:57:25,960 Speaker 1: stealing purses in Louisiana, a state he'd never even been to. 1231 00:57:26,800 --> 00:57:29,520 Speaker 1: This man had done nothing wrong, and he was held 1232 00:57:29,520 --> 00:57:34,160 Speaker 1: in jail for over a week before they resolved this situation. Okay, 1233 00:57:34,200 --> 00:57:38,560 Speaker 1: So these are the types of AI algorithmic abuses which 1234 00:57:38,560 --> 00:57:39,439 Speaker 1: are already here. 1235 00:57:39,800 --> 00:57:39,960 Speaker 11: Right. 1236 00:57:40,080 --> 00:57:41,440 Speaker 1: A lot of the stuff we think of, like oh, 1237 00:57:41,440 --> 00:57:43,439 Speaker 1: where's it going in the future, a lot of this 1238 00:57:43,480 --> 00:57:44,280 Speaker 1: is already here. 1239 00:57:44,880 --> 00:57:46,320 Speaker 3: I did monologue a while. 1240 00:57:46,120 --> 00:57:49,880 Speaker 1: Ago about the way that these giant, you know, conglomerates 1241 00:57:49,920 --> 00:57:52,760 Speaker 1: that have bought up all of the rental properties in 1242 00:57:52,800 --> 00:57:56,919 Speaker 1: the country, the way that they're using algorithms to try 1243 00:57:56,960 --> 00:58:00,520 Speaker 1: to price gouge their tenants as much as possible, and 1244 00:58:00,600 --> 00:58:04,440 Speaker 1: that they've discovered through this algorithmic learning that actually holding 1245 00:58:04,480 --> 00:58:07,040 Speaker 1: some of the units open so that you know, you 1246 00:58:07,080 --> 00:58:10,080 Speaker 1: have less housing on the market is better for some 1247 00:58:10,120 --> 00:58:12,640 Speaker 1: of these properties because then you can extract more rent 1248 00:58:13,120 --> 00:58:16,640 Speaker 1: out of the existing population. So there's that sort of 1249 00:58:16,680 --> 00:58:20,560 Speaker 1: thing going on. You have companies, large companies that are 1250 00:58:20,720 --> 00:58:25,520 Speaker 1: using AI algorithms to do the initial pass through of resumes, 1251 00:58:25,840 --> 00:58:29,600 Speaker 1: and it's already been uncovered that oftentimes those algorithms have 1252 00:58:29,760 --> 00:58:34,040 Speaker 1: various implicit biases against different demographic populations. 1253 00:58:34,440 --> 00:58:37,200 Speaker 3: So a lot of this number one is already here. 1254 00:58:37,280 --> 00:58:39,360 Speaker 1: So I think it's really important to understand what we're 1255 00:58:39,360 --> 00:58:41,840 Speaker 1: talking about. It's not just things like chat GPT and 1256 00:58:41,880 --> 00:58:45,919 Speaker 1: these large language models, but those produce a whole other 1257 00:58:46,320 --> 00:58:50,440 Speaker 1: range of concerns because the reality is even the people 1258 00:58:50,440 --> 00:58:54,880 Speaker 1: that design these things, once they turn them loose, these 1259 00:58:55,640 --> 00:58:58,520 Speaker 1: chat GPT and other similar models. They have like a 1260 00:58:58,560 --> 00:59:00,680 Speaker 1: mind of their own, and I don't want to make 1261 00:59:00,720 --> 00:59:01,800 Speaker 1: it it's not sentient. 1262 00:59:01,880 --> 00:59:03,440 Speaker 3: I'm not saying anything like that. 1263 00:59:03,760 --> 00:59:06,800 Speaker 1: But because they're taking in this information and they're learning 1264 00:59:06,800 --> 00:59:09,520 Speaker 1: from they're constantly sort of building on that knowledge and 1265 00:59:09,560 --> 00:59:15,240 Speaker 1: then you know, making these predictive, predictive sequences and conversing 1266 00:59:15,240 --> 00:59:18,120 Speaker 1: with the general public, Like you can get a response 1267 00:59:18,120 --> 00:59:21,680 Speaker 1: from chat GPT that even their programmers. 1268 00:59:21,120 --> 00:59:23,120 Speaker 3: Would be like, I don't know where that came from. 1269 00:59:23,560 --> 00:59:25,840 Speaker 1: I don't know why Sydney professed her loved to Kevin 1270 00:59:25,920 --> 00:59:27,920 Speaker 1: Rus the New York Times. I don't know what made 1271 00:59:27,920 --> 00:59:30,160 Speaker 1: her do that. I don't know why we got this outcome. 1272 00:59:30,920 --> 00:59:35,320 Speaker 1: So that becomes a huge problem in terms of assigning 1273 00:59:35,360 --> 00:59:40,760 Speaker 1: any sort of responsibility and culpability, like accountability if something 1274 00:59:40,840 --> 00:59:43,600 Speaker 1: is done that is bad, wrong, illegal, et cetera, Like 1275 00:59:43,680 --> 00:59:47,320 Speaker 1: who do you hold accountable? So that's number one and 1276 00:59:47,600 --> 00:59:50,360 Speaker 1: number two in terms of any sort of transparency. You 1277 00:59:50,360 --> 00:59:51,840 Speaker 1: know we've been talking about on Twitter, we want to 1278 00:59:51,880 --> 00:59:53,640 Speaker 1: be able to know what the algorithm is and how 1279 00:59:54,280 --> 00:59:56,600 Speaker 1: certain tweets are put in your timeline. On YouTube, we'd 1280 00:59:56,640 --> 00:59:58,439 Speaker 1: love to know what the algorithm is and why certain 1281 00:59:58,520 --> 01:00:01,560 Speaker 1: videos get recommended in other video don't. But if you 1282 01:00:01,640 --> 01:00:04,120 Speaker 1: have a large language model where no one can really 1283 01:00:04,360 --> 01:00:07,720 Speaker 1: tell you how they came to these outcomes, well that 1284 01:00:07,800 --> 01:00:10,520 Speaker 1: seems like a huge problem in and of itself. So 1285 01:00:10,760 --> 01:00:14,680 Speaker 1: a couple of suggestions for potential, you know, ways to 1286 01:00:14,680 --> 01:00:17,360 Speaker 1: get at some of these issues. Is Number one, you 1287 01:00:17,480 --> 01:00:20,680 Speaker 1: have to have some sort of clear cut responsibility where 1288 01:00:20,920 --> 01:00:24,120 Speaker 1: either it's the developer, somebody has to be held responsible 1289 01:00:24,120 --> 01:00:26,920 Speaker 1: when bad things happen with AI. That's number one, because 1290 01:00:26,920 --> 01:00:31,080 Speaker 1: you can't have it, Yes, you can't have it disaggregated 1291 01:00:31,160 --> 01:00:35,760 Speaker 1: where you know your tesla is using AI to drive 1292 01:00:35,840 --> 01:00:38,320 Speaker 1: and hits the pedestrian and everyone's like, yeah, well no, 1293 01:00:38,320 --> 01:00:40,360 Speaker 1: no fault, no harm, No, you know, it's the it's 1294 01:00:40,400 --> 01:00:40,840 Speaker 1: the robot. 1295 01:00:40,920 --> 01:00:42,919 Speaker 3: What can you do? That's number one. 1296 01:00:43,640 --> 01:00:47,960 Speaker 1: Number two, and this has already exist in certain settings. 1297 01:00:48,960 --> 01:00:52,880 Speaker 1: You could have a situation where once the large language 1298 01:00:52,880 --> 01:00:55,400 Speaker 1: model gets to a point and it's understood, you have 1299 01:00:55,480 --> 01:00:58,760 Speaker 1: to lock it in that in that place for a 1300 01:00:58,800 --> 01:01:01,880 Speaker 1: certain period of time, and it's only at intervals where 1301 01:01:01,880 --> 01:01:04,080 Speaker 1: it's allowed to then build on and grow and learn, 1302 01:01:04,240 --> 01:01:06,200 Speaker 1: so that you're able to keep your arms around what 1303 01:01:06,280 --> 01:01:07,840 Speaker 1: even the hell these things are and I'm not just 1304 01:01:07,840 --> 01:01:09,480 Speaker 1: talking about the general puble. I'm even talking about the 1305 01:01:09,480 --> 01:01:12,360 Speaker 1: developers who are designing these things. So and then the 1306 01:01:12,400 --> 01:01:15,640 Speaker 1: other piece is, and this gets to the accountability part, 1307 01:01:15,800 --> 01:01:19,600 Speaker 1: is you have to enforce the current laws because there 1308 01:01:19,600 --> 01:01:25,600 Speaker 1: are laws against you know, bias and discrimination and unlawful detention, 1309 01:01:25,800 --> 01:01:27,880 Speaker 1: and there are laws against these things in place, So 1310 01:01:27,920 --> 01:01:29,920 Speaker 1: you have to make sure that those existing laws are 1311 01:01:29,960 --> 01:01:33,600 Speaker 1: being enforced even when it's AI this's generating some of 1312 01:01:33,640 --> 01:01:37,160 Speaker 1: those results. So it's very complex. I don't know if 1313 01:01:37,240 --> 01:01:39,600 Speaker 1: the piece that was pulled on of just like we 1314 01:01:39,640 --> 01:01:42,160 Speaker 1: had a whole AI development, I don't know if that's 1315 01:01:42,200 --> 01:01:45,120 Speaker 1: really feasible because again there's just even a definition issue 1316 01:01:45,120 --> 01:01:46,920 Speaker 1: of like what even are you talking about when you 1317 01:01:46,920 --> 01:01:47,560 Speaker 1: talk about AI. 1318 01:01:47,600 --> 01:01:50,520 Speaker 2: Yeah, that's a good point too, because you know sometimes 1319 01:01:50,520 --> 01:01:53,040 Speaker 2: like we'll send emails on Mailchimp and it'll be like, 1320 01:01:53,040 --> 01:01:55,720 Speaker 2: according to our analysis, you should send our email or 1321 01:01:55,800 --> 01:01:58,520 Speaker 2: your email at twelve thirty PM or something like that. 1322 01:01:58,640 --> 01:01:59,960 Speaker 4: Like in a way like that's AI. 1323 01:02:00,200 --> 01:02:03,200 Speaker 2: Right, Yeah, we've crunched all this data. We've decided that 1324 01:02:03,560 --> 01:02:06,120 Speaker 2: YouTube even actually shows us when most of you guys 1325 01:02:06,360 --> 01:02:08,560 Speaker 2: are online as I mean, it's not going to impact 1326 01:02:08,680 --> 01:02:10,680 Speaker 2: our posting schedule because we're a news program. But if 1327 01:02:10,680 --> 01:02:12,480 Speaker 2: we were like a mister Beast or something like that, 1328 01:02:12,720 --> 01:02:15,520 Speaker 2: and you're trying to optimize every single aspect, we would 1329 01:02:15,560 --> 01:02:17,600 Speaker 2: look at that and be like, Okay, it's Monday, everybody's 1330 01:02:17,640 --> 01:02:21,240 Speaker 2: online at two thirty pm, Like we're going to post it. Then, like, 1331 01:02:21,280 --> 01:02:23,840 Speaker 2: that's basically just using a ton of data art of 1332 01:02:23,960 --> 01:02:26,040 Speaker 2: you know, looking at it and then giving a recommendation. 1333 01:02:26,080 --> 01:02:27,919 Speaker 4: So in some ways, like that's an AI. 1334 01:02:28,000 --> 01:02:30,560 Speaker 2: And then also on photos, I mean that's another one 1335 01:02:30,560 --> 01:02:34,400 Speaker 2: where it probably would require its entire own set of principles, 1336 01:02:34,400 --> 01:02:37,920 Speaker 2: where it's like you can't use the faces of you know, 1337 01:02:38,080 --> 01:02:42,280 Speaker 2: established people to put them in sexually compromising position. 1338 01:02:42,360 --> 01:02:43,800 Speaker 4: But they're like, well what does that mean? It's like 1339 01:02:43,840 --> 01:02:45,360 Speaker 4: it's kissing count And then. 1340 01:02:45,440 --> 01:02:49,080 Speaker 2: Well then how is this going to regulate copyright? Will 1341 01:02:49,120 --> 01:02:52,080 Speaker 2: you be able to incorporate copyright images or not? So 1342 01:02:52,560 --> 01:02:55,040 Speaker 2: all of this though I think we have the tools 1343 01:02:55,480 --> 01:02:58,600 Speaker 2: to do this. Do I think we have the seriousness 1344 01:02:58,920 --> 01:03:01,840 Speaker 2: to do this? No. I Also what probably worries me 1345 01:03:01,920 --> 01:03:04,600 Speaker 2: the most is with the regulation. You know, for me, 1346 01:03:04,960 --> 01:03:08,040 Speaker 2: regulation just means like within the First Amendment everything else, 1347 01:03:08,120 --> 01:03:10,320 Speaker 2: like go for it. Do whatever you want. But I'm 1348 01:03:10,360 --> 01:03:12,760 Speaker 2: watching President Biden and a lot of these other AI 1349 01:03:12,960 --> 01:03:17,480 Speaker 2: safety advocates like they want to hardcode like language PC 1350 01:03:17,960 --> 01:03:21,160 Speaker 2: basically political correctness into the models. And I'm like, well, 1351 01:03:21,200 --> 01:03:26,320 Speaker 2: that actually is way more dystopian frankly than nothing at all. 1352 01:03:26,440 --> 01:03:29,480 Speaker 2: So the type of regulation also matters a lot, as 1353 01:03:29,480 --> 01:03:31,800 Speaker 2: you guys can tell. I mean, it's a very complexated question. 1354 01:03:32,080 --> 01:03:34,160 Speaker 2: I'm really curious what you guys think. 1355 01:03:35,000 --> 01:03:37,360 Speaker 1: One other idea and I think we put this last 1356 01:03:37,360 --> 01:03:39,320 Speaker 1: piece up on the screen just one of the you know, 1357 01:03:39,400 --> 01:03:42,640 Speaker 1: warnings of like what's going on here with with AI currently. 1358 01:03:42,800 --> 01:03:45,480 Speaker 1: Chat gpt pretended to be blind and tricked a human 1359 01:03:45,520 --> 01:03:48,080 Speaker 1: into solving a capsha. Now you guys probably know a 1360 01:03:48,080 --> 01:03:49,720 Speaker 1: capsh is when you're like, you know, on a website 1361 01:03:49,760 --> 01:03:51,560 Speaker 1: and they're trying to verify that you're actually a human 1362 01:03:51,600 --> 01:03:53,000 Speaker 1: being and not a robot and you got to like 1363 01:03:53,040 --> 01:03:55,360 Speaker 1: pick all the ones that have stoplights in it or whatever. 1364 01:03:55,880 --> 01:04:01,360 Speaker 1: So chat gpt convinced a human that like, hey, I'm disabled, 1365 01:04:01,880 --> 01:04:05,040 Speaker 1: I'm visually impaired, so could you solve this capture for me? 1366 01:04:05,360 --> 01:04:07,520 Speaker 1: And the human actually as like just checking you're not 1367 01:04:07,560 --> 01:04:09,880 Speaker 1: a robot and CHATCHBT was like, no, of course, not 1368 01:04:10,560 --> 01:04:13,280 Speaker 1: no big deal, just do this for me, thanks helping out, 1369 01:04:13,320 --> 01:04:16,000 Speaker 1: helping me out here, And so they did it. And 1370 01:04:16,600 --> 01:04:20,720 Speaker 1: that gets to another suggested regulation that I saw from 1371 01:04:20,800 --> 01:04:24,920 Speaker 1: an AI scientist, which is that AI must always, like robots, 1372 01:04:25,000 --> 01:04:28,560 Speaker 1: must always identify themselves as robots, so you're not getting 1373 01:04:28,560 --> 01:04:31,840 Speaker 1: tricked and manipulated by rogue AI out there trying to 1374 01:04:31,840 --> 01:04:33,520 Speaker 1: get you to solve their capture for them to do 1375 01:04:33,560 --> 01:04:34,080 Speaker 1: god knows what. 1376 01:04:34,520 --> 01:04:34,600 Speaker 10: No. 1377 01:04:34,800 --> 01:04:37,600 Speaker 2: I think you're right, and look, it's scary it's coming. 1378 01:04:38,120 --> 01:04:40,280 Speaker 2: I am as well, but we should also be careful. 1379 01:04:40,520 --> 01:04:41,880 Speaker 2: I also am not sure about a pause. 1380 01:04:41,920 --> 01:04:42,520 Speaker 4: What does that mean? 1381 01:04:42,560 --> 01:04:42,720 Speaker 10: You know? 1382 01:04:42,720 --> 01:04:44,960 Speaker 2: This is where I almost do disagree with elon, where 1383 01:04:44,960 --> 01:04:46,480 Speaker 2: I'm like, well, if we pause, you think China is 1384 01:04:46,520 --> 01:04:49,280 Speaker 2: going to pause? It's almost like an arms race. 1385 01:04:49,320 --> 01:04:52,440 Speaker 1: There's a book China has put in some actually stringent 1386 01:04:52,600 --> 01:04:56,680 Speaker 1: regulations themselves, which yeah, sure, I mean, some of which 1387 01:04:56,680 --> 01:04:58,840 Speaker 1: are just going to be like authoritarian, but some of 1388 01:04:58,880 --> 01:05:01,000 Speaker 1: which are also thought, yeah. 1389 01:05:00,840 --> 01:05:01,600 Speaker 4: I don't know, I mean. 1390 01:05:01,640 --> 01:05:04,080 Speaker 2: And I also there's a book I forget I think, 1391 01:05:04,120 --> 01:05:05,880 Speaker 2: as you've all know, a Harari's book, the guy who 1392 01:05:05,880 --> 01:05:08,000 Speaker 2: wrote Sapiens. I think it's called Homodis, and he wrote 1393 01:05:08,000 --> 01:05:09,560 Speaker 2: a book us a little bit about AI. 1394 01:05:09,640 --> 01:05:10,720 Speaker 4: I encourage people go read it. 1395 01:05:10,920 --> 01:05:13,360 Speaker 2: It's pretty interesting. It raises some of these questions. Okay, 1396 01:05:13,720 --> 01:05:14,160 Speaker 2: let's come. 1397 01:05:14,040 --> 01:05:14,960 Speaker 3: About Fox, all right. 1398 01:05:15,000 --> 01:05:18,960 Speaker 1: So the judge in the Fox Dominion case delayed the 1399 01:05:18,960 --> 01:05:22,400 Speaker 1: start of this trial from Monday to today, but as 1400 01:05:22,400 --> 01:05:25,040 Speaker 1: far as we know, the trial has kicked off this morning. 1401 01:05:25,480 --> 01:05:27,680 Speaker 1: There were reports from the Wall Street Journal that Fox 1402 01:05:27,720 --> 01:05:29,880 Speaker 1: was aggressively trying to settle That was the reason for 1403 01:05:29,920 --> 01:05:32,640 Speaker 1: the one day delay. Apparently they were unsuccessful. At the 1404 01:05:32,680 --> 01:05:36,040 Speaker 1: same time, Dominion also dropped what they were going for 1405 01:05:36,080 --> 01:05:39,400 Speaker 1: in terms of monetary damages, so that's a significant development 1406 01:05:39,520 --> 01:05:42,240 Speaker 1: as well. But that trial has kicked off. It's going 1407 01:05:42,320 --> 01:05:45,320 Speaker 1: to be really fascinating to watch unfold. We've already learned 1408 01:05:45,360 --> 01:05:49,160 Speaker 1: a lot from Discovery, much of which is absolutely humiliating 1409 01:05:49,560 --> 01:05:54,000 Speaker 1: for Fox. And now our former President Trump has weighed 1410 01:05:54,000 --> 01:05:56,919 Speaker 1: into the situation, and I think what he says here 1411 01:05:57,040 --> 01:06:00,000 Speaker 1: really illustrates the bind that Fox and many of them, 1412 01:06:00,120 --> 01:06:02,640 Speaker 1: or by the way, conservatives are in as well. 1413 01:06:02,840 --> 01:06:03,920 Speaker 3: Put this up on the screen. 1414 01:06:04,200 --> 01:06:08,720 Speaker 1: He's demanding that Rupert Murdoch say the twenty twenty election 1415 01:06:09,000 --> 01:06:13,040 Speaker 1: was in fact rigged during his testimony at the dominion trial. 1416 01:06:13,480 --> 01:06:15,880 Speaker 1: Here's the quote from Trump. He says, Fox News is 1417 01:06:15,880 --> 01:06:18,640 Speaker 1: in big trouble if they do not expose the truth 1418 01:06:18,760 --> 01:06:21,280 Speaker 1: on cheating in the twenty twenty election. They should do 1419 01:06:21,320 --> 01:06:24,080 Speaker 1: what's right for America. When Rupert Murdoch says that there 1420 01:06:24,120 --> 01:06:25,960 Speaker 1: was no cheating in light of the massive proof that 1421 01:06:26,000 --> 01:06:29,080 Speaker 1: there was, it is ridiculous and very harmful to the 1422 01:06:29,120 --> 01:06:33,120 Speaker 1: Fox case. Rupert, just tell the truth and good things 1423 01:06:33,160 --> 01:06:36,680 Speaker 1: will happen. The election of twenty twenty was rigged and stolen. 1424 01:06:37,080 --> 01:06:40,120 Speaker 1: You know it, and so does everyone else. Now everyone 1425 01:06:40,120 --> 01:06:42,440 Speaker 1: else does not, in fact know that because the election 1426 01:06:42,800 --> 01:06:47,960 Speaker 1: was not rigged. However, a majority, a very strong majority 1427 01:06:47,960 --> 01:06:50,720 Speaker 1: of the Republican base believes that it is. And so 1428 01:06:50,960 --> 01:06:53,800 Speaker 1: that's the other challenge for Fox News in this trial. 1429 01:06:53,840 --> 01:06:56,480 Speaker 1: And it's also the reason that Fox News ended up, 1430 01:06:56,560 --> 01:07:01,240 Speaker 1: you know, whying and defaming potentially dominion voting system is 1431 01:07:01,280 --> 01:07:04,640 Speaker 1: because there is such a distance between reality and what 1432 01:07:04,800 --> 01:07:07,000 Speaker 1: the Trump has been selling his base, and they have 1433 01:07:07,120 --> 01:07:10,720 Speaker 1: sided with him. So it continues to be a real 1434 01:07:10,800 --> 01:07:12,960 Speaker 1: bind for them, and it will continue to be very 1435 01:07:13,000 --> 01:07:13,720 Speaker 1: difficult from them. 1436 01:07:13,720 --> 01:07:15,320 Speaker 3: For a business perspective, If. 1437 01:07:15,280 --> 01:07:19,440 Speaker 1: Rupert Murdoch or Tucker or Maria Bardom or whoever has 1438 01:07:19,480 --> 01:07:21,360 Speaker 1: to go up on the stand and talk about the 1439 01:07:21,400 --> 01:07:24,240 Speaker 1: fact that they know definitively the election was not right. 1440 01:07:24,400 --> 01:07:27,200 Speaker 2: It's a problem that they were not able to settle 1441 01:07:27,240 --> 01:07:30,680 Speaker 2: the case. I guess because you know right now they look. 1442 01:07:30,760 --> 01:07:33,760 Speaker 2: Fox has a big risk in terms of the trial, 1443 01:07:33,920 --> 01:07:36,000 Speaker 2: not only to the six hundred to one point six 1444 01:07:36,080 --> 01:07:39,720 Speaker 2: billion that they might have to pay out, but in reality, 1445 01:07:39,840 --> 01:07:43,720 Speaker 2: it's all the reputational damage of getting people on the 1446 01:07:43,880 --> 01:07:47,959 Speaker 2: you know, under oath who are asking questions. They could 1447 01:07:47,960 --> 01:07:52,520 Speaker 2: be tremendously embarrassing for the overall network. Also, whenever, you 1448 01:07:52,600 --> 01:07:54,560 Speaker 2: never know what's going to happen in these situations, which 1449 01:07:54,560 --> 01:07:57,160 Speaker 2: is why everybody goes out of their way to try 1450 01:07:57,200 --> 01:08:00,320 Speaker 2: and avoid them. And initially there was some conversation about 1451 01:08:00,320 --> 01:08:02,760 Speaker 2: maybe Dominion was willing to lower the price that they 1452 01:08:02,760 --> 01:08:05,520 Speaker 2: were able to settle at, and maybe Fox would be 1453 01:08:05,760 --> 01:08:08,760 Speaker 2: able to meet that. But look, I mean I raised 1454 01:08:08,760 --> 01:08:11,080 Speaker 2: this point yesterday, but Murdoch is a stubborn man. He's 1455 01:08:11,120 --> 01:08:13,320 Speaker 2: like ninety two years old. He has health problems, Like 1456 01:08:13,560 --> 01:08:15,520 Speaker 2: maybe he just wants to write it out and he 1457 01:08:15,520 --> 01:08:18,040 Speaker 2: doesn't care who He kind of drags along with it. 1458 01:08:18,080 --> 01:08:21,639 Speaker 2: But there's no question this is a terrible business decision 1459 01:08:21,720 --> 01:08:24,479 Speaker 2: for them in the long run, because at the end 1460 01:08:24,520 --> 01:08:27,719 Speaker 2: of the day, what they were trying to prevent whenever 1461 01:08:27,760 --> 01:08:31,160 Speaker 2: they were airing these false claims was a loss of 1462 01:08:31,320 --> 01:08:34,599 Speaker 2: audience and the feeling that they were on their side. 1463 01:08:34,880 --> 01:08:37,920 Speaker 2: What has become eminently clear Crystal from the trial they. 1464 01:08:37,840 --> 01:08:39,240 Speaker 4: Were never on their side. 1465 01:08:39,760 --> 01:08:42,519 Speaker 2: They knew that they were platforming stuff that was wrong, 1466 01:08:42,880 --> 01:08:46,599 Speaker 2: and they were afraid of losing to competition. So if 1467 01:08:46,600 --> 01:08:50,080 Speaker 2: I'm looking at this, ay, if I'm Oan and I'm Newsmax, 1468 01:08:50,520 --> 01:08:52,960 Speaker 2: just keep going, go as hard as you possibly can. 1469 01:08:53,200 --> 01:08:55,160 Speaker 4: Why because you know that it's working. 1470 01:08:55,240 --> 01:08:57,280 Speaker 2: You know that's what Fox fears the most, and that 1471 01:08:57,360 --> 01:08:59,799 Speaker 2: they are going to get into trouble. And then also 1472 01:09:00,439 --> 01:09:02,599 Speaker 2: it's all just from a position of weakness, like they 1473 01:09:02,600 --> 01:09:05,160 Speaker 2: were not able to do what they thought was correct. 1474 01:09:05,200 --> 01:09:07,800 Speaker 2: They were wanting to do wherever the audience was going 1475 01:09:07,800 --> 01:09:09,559 Speaker 2: because they were afraid that they were going to lose 1476 01:09:09,760 --> 01:09:10,960 Speaker 2: some portion of market share. 1477 01:09:11,000 --> 01:09:12,479 Speaker 4: And that's just going to continue to come out. 1478 01:09:12,680 --> 01:09:15,160 Speaker 2: And if we get even more detailed looks into maybe 1479 01:09:15,200 --> 01:09:18,840 Speaker 2: their age of demographics, their internal analysis, I think it'd 1480 01:09:18,840 --> 01:09:21,760 Speaker 2: be humiliating in a disaster for them, and overall in 1481 01:09:21,760 --> 01:09:24,320 Speaker 2: the long run, it's not like they're winning any favors 1482 01:09:24,320 --> 01:09:26,240 Speaker 2: with Trump because Trump is also like, no, you need 1483 01:09:26,280 --> 01:09:27,960 Speaker 2: to testify that the election was stolen. 1484 01:09:27,720 --> 01:09:29,679 Speaker 1: Right, yes, And what do you think is going to happen? 1485 01:09:29,840 --> 01:09:32,640 Speaker 1: You think Trump's going to sit quietly by as a 1486 01:09:32,720 --> 01:09:37,360 Speaker 1: parade of top Fox News talent takes the stand to 1487 01:09:38,520 --> 01:09:40,839 Speaker 1: admit that the election was not rigged. 1488 01:09:40,960 --> 01:09:42,479 Speaker 3: Do you think He's just going to stand back and 1489 01:09:42,520 --> 01:09:43,200 Speaker 3: be cool with that. 1490 01:09:43,320 --> 01:09:46,479 Speaker 1: No, he is going to make sure everyone knows that, 1491 01:09:46,560 --> 01:09:49,000 Speaker 1: you know, you're a traitor to his cause. And so 1492 01:09:49,479 --> 01:09:52,360 Speaker 1: the very thing that they were basically trying to avoid, 1493 01:09:52,520 --> 01:09:55,800 Speaker 1: which is have their audience abandon them over these over 1494 01:09:55,960 --> 01:09:58,519 Speaker 1: you know, them acknowledging that Joe Biden did in fact 1495 01:09:58,560 --> 01:10:01,880 Speaker 1: win the presidency, that risk is still very much on 1496 01:10:01,920 --> 01:10:04,040 Speaker 1: the table for them at this trial. I mean, if 1497 01:10:04,080 --> 01:10:07,120 Speaker 1: I was them from business decision, they should give dominion 1498 01:10:07,360 --> 01:10:11,439 Speaker 1: whatever they want to avoid this thing. And I am 1499 01:10:11,680 --> 01:10:14,840 Speaker 1: honestly stunned that it has come to, you know, jury 1500 01:10:14,920 --> 01:10:17,639 Speaker 1: selection in the trial actually getting kicked off without some 1501 01:10:17,760 --> 01:10:20,559 Speaker 1: kind of a settlement being made. The other important thing 1502 01:10:20,560 --> 01:10:22,960 Speaker 1: to remember here, this is not their only legal trouble. 1503 01:10:23,000 --> 01:10:26,000 Speaker 1: They also have a multi billion dollar lossuit against them 1504 01:10:26,000 --> 01:10:29,640 Speaker 1: from Smartmatic, another voting system. 1505 01:10:29,680 --> 01:10:31,679 Speaker 3: That they're going to have to deal with as well. 1506 01:10:31,720 --> 01:10:33,439 Speaker 1: They already had to settle out of court with this 1507 01:10:33,439 --> 01:10:34,880 Speaker 1: about Azualeen businessman. 1508 01:10:35,080 --> 01:10:37,200 Speaker 3: So this is this is. 1509 01:10:37,360 --> 01:10:40,639 Speaker 1: Very treacherous for Fox and the whatever amount of money 1510 01:10:40,720 --> 01:10:42,640 Speaker 1: that Dominion might win in this trial, that's not the 1511 01:10:42,720 --> 01:10:44,519 Speaker 1: real threat to them. You know, They've got I think 1512 01:10:44,560 --> 01:10:46,840 Speaker 1: like four billion dollars cash on hand or something like that, 1513 01:10:46,880 --> 01:10:49,479 Speaker 1: Like they'd be able to with whether whatever the financial 1514 01:10:49,479 --> 01:10:51,599 Speaker 1: pay on is, even though they would rather keep their 1515 01:10:51,720 --> 01:10:55,320 Speaker 1: all of their billions of dollars. It's the reputational harm 1516 01:10:55,479 --> 01:10:58,760 Speaker 1: and damage that could be inflicted on them amongst their 1517 01:10:58,760 --> 01:11:01,759 Speaker 1: own audience. And I think that's what this Trump truth 1518 01:11:01,840 --> 01:11:02,640 Speaker 1: really underscores. 1519 01:11:02,720 --> 01:11:04,799 Speaker 4: Yeah, absolutely, good lucks of Fox. 1520 01:11:05,280 --> 01:11:06,040 Speaker 2: I will be watching. 1521 01:11:06,080 --> 01:11:07,599 Speaker 3: We'll be watching a lot of interests. 1522 01:11:07,640 --> 01:11:11,080 Speaker 2: Look at the very least, it's good to I enjoy 1523 01:11:11,200 --> 01:11:13,360 Speaker 2: sometimes watching people square and being put on the stand, 1524 01:11:13,400 --> 01:11:15,439 Speaker 2: So it might be kind of fun to watch Maria 1525 01:11:15,479 --> 01:11:18,120 Speaker 2: Bartrailmo and all these other people have to justify some 1526 01:11:18,120 --> 01:11:21,320 Speaker 2: of these stuff that they did behind the scenes. Indeed, anyway, Yeah, 1527 01:11:21,400 --> 01:11:25,680 Speaker 2: let's all enjoy it, Crystal, what do you take a 1528 01:11:25,680 --> 01:11:26,040 Speaker 2: look at? 1529 01:11:26,120 --> 01:11:30,280 Speaker 1: Former Biden spinmaster and current MSNBC host Jensaki invited Senator 1530 01:11:30,280 --> 01:11:33,000 Speaker 1: Bernie Sanders on her show over the weekend, ostensibly to 1531 01:11:33,000 --> 01:11:33,880 Speaker 1: discuss his new book. 1532 01:11:33,920 --> 01:11:35,120 Speaker 3: That book is titled. 1533 01:11:34,800 --> 01:11:37,880 Speaker 1: It's Okay to Be Angry About Capitalism, and it's a 1534 01:11:37,920 --> 01:11:40,120 Speaker 1: deep dive into many of the issues that have animated 1535 01:11:40,120 --> 01:11:41,679 Speaker 1: Senator Sanders around his entire career. 1536 01:11:41,720 --> 01:11:42,600 Speaker 3: Are things like income and. 1537 01:11:42,600 --> 01:11:45,960 Speaker 1: Wealth inequality, the unconscionable treatment of the American working class, 1538 01:11:46,000 --> 01:11:49,439 Speaker 1: the obscene power and influence of giant corporations. Now, there 1539 01:11:49,479 --> 01:11:52,080 Speaker 1: is perhaps no living person in America who has raised 1540 01:11:52,120 --> 01:11:55,240 Speaker 1: these issues more powerfully and more persuasively than Senator Sanders. 1541 01:11:55,400 --> 01:11:58,800 Speaker 1: So did Jensaki take advantage of this opportunity to dig 1542 01:11:58,800 --> 01:12:01,879 Speaker 1: into the content of this book, content which is critically 1543 01:12:01,880 --> 01:12:04,840 Speaker 1: relevant to literally every single American, of course, not. 1544 01:12:05,200 --> 01:12:06,160 Speaker 3: In the entire twelve. 1545 01:12:06,000 --> 01:12:09,040 Speaker 1: Minute interview, she didn't ask a single question about these 1546 01:12:09,080 --> 01:12:10,240 Speaker 1: core economic issues. 1547 01:12:10,560 --> 01:12:11,400 Speaker 3: Not one. 1548 01:12:12,000 --> 01:12:15,000 Speaker 1: Now, she did deign to ask a single question about 1549 01:12:15,000 --> 01:12:17,519 Speaker 1: his book, just one. But you will not even believe 1550 01:12:17,800 --> 01:12:19,000 Speaker 1: how she framed that question. 1551 01:12:19,240 --> 01:12:20,320 Speaker 3: It is too perfect. 1552 01:12:20,400 --> 01:12:23,200 Speaker 11: Take a listen the title of your book, It's Okay 1553 01:12:23,200 --> 01:12:25,240 Speaker 11: to Be Angry about Capitalism really did stay with me. 1554 01:12:25,280 --> 01:12:27,519 Speaker 11: It is a memorable book title cenitor of all the 1555 01:12:27,560 --> 01:12:28,600 Speaker 11: things voters. 1556 01:12:28,280 --> 01:12:29,719 Speaker 2: Are angry about, and there are many. 1557 01:12:29,760 --> 01:12:32,679 Speaker 11: Abortion, the lack of progress on gun reform, even Clarence 1558 01:12:32,720 --> 01:12:34,320 Speaker 11: Thomas's questionable relationship. 1559 01:12:33,960 --> 01:12:34,400 Speaker 2: With a billionaire. 1560 01:12:34,400 --> 01:12:35,519 Speaker 11: I know how you feel about millionaires. 1561 01:12:35,760 --> 01:12:38,080 Speaker 9: Why should capitalism be at the top of that list? 1562 01:12:38,080 --> 01:12:39,400 Speaker 9: Why is that important to be in the title of 1563 01:12:39,400 --> 01:12:41,160 Speaker 9: that book? Jen? 1564 01:12:41,280 --> 01:12:44,360 Speaker 12: What's important? Abortion is a huge issue. Social justice is 1565 01:12:44,360 --> 01:12:47,360 Speaker 12: a huge issue. But you know, sometimes the corporate media 1566 01:12:47,400 --> 01:12:49,400 Speaker 12: forgets about it, in Congress forgets about it. You and 1567 01:12:49,439 --> 01:12:51,519 Speaker 12: I have chotting today. Do you know that there are 1568 01:12:51,640 --> 01:12:54,719 Speaker 12: tens and tens of millions of Americans who cannot afford 1569 01:12:54,760 --> 01:12:56,760 Speaker 12: health fair, who are scared to death that if their 1570 01:12:56,840 --> 01:12:58,720 Speaker 12: kid do with their parents, gets sick, they don't know 1571 01:12:58,760 --> 01:13:02,680 Speaker 12: what's going to happen, working for starvation wages. There are 1572 01:13:02,720 --> 01:13:05,080 Speaker 12: moms who can't afford to send your kids to decent 1573 01:13:05,120 --> 01:13:06,920 Speaker 12: john that can't even find a slot. 1574 01:13:07,360 --> 01:13:09,160 Speaker 9: Those are in issues of enormous. 1575 01:13:08,880 --> 01:13:12,479 Speaker 12: Consequence we don't talk about. Can you tell me you 1576 01:13:12,560 --> 01:13:15,040 Speaker 12: got three people on top today? Well more wealth in 1577 01:13:15,080 --> 01:13:17,439 Speaker 12: the bottom half of American society. Is that anitue we 1578 01:13:17,439 --> 01:13:19,120 Speaker 12: should be talking about. Does that sound like we have 1579 01:13:19,120 --> 01:13:20,040 Speaker 12: an economy. 1580 01:13:19,640 --> 01:13:21,600 Speaker 9: That works for all of us or justin fume? Is 1581 01:13:21,600 --> 01:13:22,799 Speaker 9: that an initial worth discussing. 1582 01:13:24,120 --> 01:13:25,280 Speaker 3: We're talking about it now, Sentator. 1583 01:13:25,320 --> 01:13:26,439 Speaker 11: So I'm happy to have you on. I wanted to 1584 01:13:26,479 --> 01:13:28,439 Speaker 11: ask to you about President I didn't want to ask you, sir, 1585 01:13:28,560 --> 01:13:30,880 Speaker 11: about President Biden's nomination of Julie Sue for the Laber 1586 01:13:30,920 --> 01:13:32,320 Speaker 11: Department Secretary want. 1587 01:13:32,520 --> 01:13:34,400 Speaker 9: And I love Julie. I love Julie. We're going to 1588 01:13:34,439 --> 01:13:35,200 Speaker 9: go do a bestica. 1589 01:13:35,320 --> 01:13:39,280 Speaker 12: But let's talk about incommon wealth inequality. Let's talk about concentration, abutorship, 1590 01:13:39,400 --> 01:13:41,240 Speaker 12: Let's talk about corporate ownership with the media. 1591 01:13:41,360 --> 01:13:43,040 Speaker 9: Do you think that those are issues worth discussing? 1592 01:13:43,680 --> 01:13:44,960 Speaker 7: Well, Senator, I have you on today. 1593 01:13:45,000 --> 01:13:46,600 Speaker 11: We're having a conversation about all of these issues. I 1594 01:13:46,600 --> 01:13:47,960 Speaker 11: didn't want to ask you about this because you're our. 1595 01:13:47,960 --> 01:13:49,000 Speaker 9: Chairman of this committee. 1596 01:13:49,240 --> 01:13:50,880 Speaker 1: First of all, a lady, who do you think you 1597 01:13:50,920 --> 01:13:53,040 Speaker 1: are to tell someone what they should or should not 1598 01:13:53,080 --> 01:13:56,240 Speaker 1: be writing a book about? Can you imagine her questioning 1599 01:13:56,280 --> 01:13:59,080 Speaker 1: the topics lunch of Hillary Clinton, Stacy Abrams or any 1600 01:13:59,120 --> 01:14:04,040 Speaker 1: other democratics, lablishment Darling would never happen. Second of all, 1601 01:14:04,280 --> 01:14:05,720 Speaker 1: I love how she's like, well, I'm having you want 1602 01:14:05,720 --> 01:14:07,479 Speaker 1: to talk about these issues of your book right now, 1603 01:14:07,680 --> 01:14:10,120 Speaker 1: but then completely blocks Bernie from saying anything about those 1604 01:14:10,160 --> 01:14:14,400 Speaker 1: issues at all. The whole thing is incredibly revealing. Bernie, 1605 01:14:14,560 --> 01:14:17,479 Speaker 1: Why trouble yourself with working class economic pain? Just focus 1606 01:14:17,479 --> 01:14:20,040 Speaker 1: on issues like guns and abortion that allow elite democrats 1607 01:14:20,040 --> 01:14:23,719 Speaker 1: to posture as virtuous while maintaining an unconscionable economic status 1608 01:14:23,800 --> 01:14:27,160 Speaker 1: quo that they and their donors all benefit from. Take 1609 01:14:27,200 --> 01:14:29,120 Speaker 1: a look at this graph that was shared by Gritty 1610 01:14:29,200 --> 01:14:32,080 Speaker 1: is the Way on lobbying spending. So top spenders here 1611 01:14:32,240 --> 01:14:35,800 Speaker 1: of lobbyists are the National Association of Realtors, the US 1612 01:14:35,880 --> 01:14:38,280 Speaker 1: Chamber of Commerce, and Big Pharma. The entire list is 1613 01:14:38,280 --> 01:14:41,720 Speaker 1: dominated generally by corporate lobbies that obsessively push for low 1614 01:14:41,760 --> 01:14:43,960 Speaker 1: taxes and no regulation. You got a bunch of military 1615 01:14:43,960 --> 01:14:47,719 Speaker 1: industrial complex types, various parts of our disgusting for profit 1616 01:14:47,760 --> 01:14:51,880 Speaker 1: healthcare system, corporate media organizations of course, and also big tech. 1617 01:14:52,600 --> 01:14:55,640 Speaker 1: Is the power of any of these groups threatened in 1618 01:14:55,680 --> 01:14:59,439 Speaker 1: any way by endless debates about cultural issues like abortions 1619 01:14:59,520 --> 01:15:01,479 Speaker 1: or guns, or to throw the Republicans in here as well, 1620 01:15:01,560 --> 01:15:05,960 Speaker 1: CRT or trans people, not at all, not remotely. Now, 1621 01:15:06,000 --> 01:15:08,040 Speaker 1: I'm not saying, and Bernie isn't saying, that these issues 1622 01:15:08,040 --> 01:15:11,040 Speaker 1: are not important, not worthy of fierce debate. But Sake 1623 01:15:11,240 --> 01:15:14,080 Speaker 1: and her Ilk frame any and all discussion of the 1624 01:15:14,160 --> 01:15:17,360 Speaker 1: economic issues of working people as an affront to the 1625 01:15:17,400 --> 01:15:20,519 Speaker 1: cultural issues which are in vogue among the elite liberal set. 1626 01:15:21,000 --> 01:15:23,519 Speaker 1: This was the central attack you will recall on Bernie 1627 01:15:23,560 --> 01:15:25,880 Speaker 1: in twenty sixteen and again in twenty twenty. If you 1628 01:15:25,920 --> 01:15:28,720 Speaker 1: care about economics, they would say, you must somehow be 1629 01:15:28,840 --> 01:15:32,439 Speaker 1: anti black, or anti woman, or somehow suspect in some way. 1630 01:15:32,680 --> 01:15:34,960 Speaker 1: And Hillary's framing if you care about breaking up the 1631 01:15:34,960 --> 01:15:38,000 Speaker 1: big banks, you must not be serious about racism. Of course, 1632 01:15:38,040 --> 01:15:41,120 Speaker 1: this is a pack of poorly crafted lies. Who in 1633 01:15:41,160 --> 01:15:43,679 Speaker 1: this country has been most screwed by the big banks, 1634 01:15:43,920 --> 01:15:47,040 Speaker 1: Poor people, and in particular poor black people, who in 1635 01:15:47,080 --> 01:15:50,200 Speaker 1: this country tell me, is most impacted by gun violence, 1636 01:15:50,479 --> 01:15:53,240 Speaker 1: poor people, and in particular poor black people, who in 1637 01:15:53,280 --> 01:15:56,639 Speaker 1: this country is most impacted by anti abortion laws, poor people, 1638 01:15:56,680 --> 01:15:58,519 Speaker 1: and in particular poor black people. 1639 01:15:58,800 --> 01:16:00,439 Speaker 3: Sake, in particular, who is than her. 1640 01:16:00,439 --> 01:16:03,320 Speaker 1: Entire career as a corporate democrat operative before transitioning by 1641 01:16:03,360 --> 01:16:06,559 Speaker 1: an administration propaganda's work she is now continuing from her 1642 01:16:06,560 --> 01:16:09,360 Speaker 1: corporate media perch. Has something at stake in this fight 1643 01:16:09,600 --> 01:16:13,000 Speaker 1: because every boss she has ever had, every politician she's 1644 01:16:13,000 --> 01:16:16,680 Speaker 1: ever shielled for, is invested in avoiding deep discussions of 1645 01:16:16,800 --> 01:16:17,479 Speaker 1: these issues. 1646 01:16:17,960 --> 01:16:19,920 Speaker 3: That's why she insisted. 1647 01:16:19,600 --> 01:16:22,479 Speaker 1: Multiple times in this interview on scolding Bernie for daring 1648 01:16:22,640 --> 01:16:26,120 Speaker 1: to care about economics. It's personal to her and she 1649 01:16:26,320 --> 01:16:29,719 Speaker 1: just can't hide her intense irritation with him for making 1650 01:16:29,720 --> 01:16:32,360 Speaker 1: her wing in the party so uncomfortable. Here she is 1651 01:16:32,360 --> 01:16:35,120 Speaker 1: trying to push Bernie to accept that Democrats should just 1652 01:16:35,240 --> 01:16:37,120 Speaker 1: run exclusively on abortion. 1653 01:16:37,880 --> 01:16:40,439 Speaker 11: You wrote in an obed back on October Center Sanders 1654 01:16:40,479 --> 01:16:43,760 Speaker 11: last year that Democrats should focus shouldn't focus only on 1655 01:16:43,800 --> 01:16:44,599 Speaker 11: abortion in the midterms. 1656 01:16:44,640 --> 01:16:45,240 Speaker 2: That's some mistake. 1657 01:16:45,280 --> 01:16:46,880 Speaker 9: It proved to be quite a winning issue. 1658 01:16:46,880 --> 01:16:49,000 Speaker 11: In fact, the level of backlash the jobs really even 1659 01:16:49,000 --> 01:16:50,639 Speaker 11: surprised me. And I've been at this a while too. 1660 01:16:51,040 --> 01:16:53,400 Speaker 11: Did you underestimate the power of this issue and the 1661 01:16:53,439 --> 01:16:55,800 Speaker 11: power of it had order invading voters now. 1662 01:16:55,720 --> 01:16:57,920 Speaker 12: During what I said is that abortion could be front 1663 01:16:57,960 --> 01:16:59,439 Speaker 12: and said that the right of women to control their 1664 01:16:59,439 --> 01:17:01,120 Speaker 12: old lives of the fund the middle issue. 1665 01:17:00,800 --> 01:17:02,040 Speaker 9: But it cannot be the only issue. 1666 01:17:02,080 --> 01:17:04,120 Speaker 12: And if you recall during the twenty twenty campaign, at 1667 01:17:04,160 --> 01:17:06,920 Speaker 12: the end of the campaign, people slaughtered talking about workers rights, 1668 01:17:06,920 --> 01:17:10,120 Speaker 12: people slaughtered talking about social security and preserving. 1669 01:17:09,720 --> 01:17:12,439 Speaker 9: Medicare and healthcare. No, I don't think I was wrong. 1670 01:17:12,600 --> 01:17:14,600 Speaker 12: Final blind is, of course, we have to continue to 1671 01:17:14,640 --> 01:17:17,040 Speaker 12: fight for women's rights and abbortion rights. But you cannot 1672 01:17:17,040 --> 01:17:19,880 Speaker 12: ignore the reality that's sixty percent of the workers in 1673 01:17:19,920 --> 01:17:22,960 Speaker 12: this country on living paycheck to paycheck. We have massive 1674 01:17:23,000 --> 01:17:25,760 Speaker 12: income and wealthy equality. People can't afford childcare, they can't 1675 01:17:25,760 --> 01:17:27,799 Speaker 12: afford healthcare, and they are shruggly. 1676 01:17:27,920 --> 01:17:29,559 Speaker 9: You cannot ignore those issues. 1677 01:17:30,280 --> 01:17:32,479 Speaker 1: By the way, the very next question that she asked 1678 01:17:32,520 --> 01:17:34,840 Speaker 1: was designed to chied Bernie for whatever gun positions he 1679 01:17:34,880 --> 01:17:38,080 Speaker 1: took thirty years ago that buck to liberal orthodoxy. There's 1680 01:17:38,080 --> 01:17:40,080 Speaker 1: a neat little game playing out right now that you 1681 01:17:40,080 --> 01:17:42,559 Speaker 1: can see everywhere if you're looking for it. Affluent, college 1682 01:17:42,680 --> 01:17:45,439 Speaker 1: educated types increasingly identify as Democrats, and since they have 1683 01:17:45,520 --> 01:17:47,960 Speaker 1: all the money and all the cultural power, corporations have 1684 01:17:48,000 --> 01:17:50,280 Speaker 1: decided to speak out on social issues as a business 1685 01:17:50,280 --> 01:17:53,160 Speaker 1: decision to cater to this set. Now, this has confused 1686 01:17:53,200 --> 01:17:56,160 Speaker 1: politics quite a bit. Democrats can now feel less skittish 1687 01:17:56,160 --> 01:17:59,200 Speaker 1: about taking corporate money and aligning with corporate America. Republicans 1688 01:17:59,200 --> 01:18:02,360 Speaker 1: are now irritated with corporate America's cultural positions bought are 1689 01:18:02,360 --> 01:18:05,280 Speaker 1: opposed for ideological and also self interested reasons to doing 1690 01:18:05,320 --> 01:18:08,679 Speaker 1: anything real to curb corporate power. Instead, they just engage 1691 01:18:08,720 --> 01:18:10,519 Speaker 1: in an endless game of woke a mole jenning up 1692 01:18:10,520 --> 01:18:12,800 Speaker 1: little boycotts against this company or that company are becoming 1693 01:18:12,880 --> 01:18:15,200 Speaker 1: enraged to some corporate woke villain of the day with 1694 01:18:15,320 --> 01:18:18,320 Speaker 1: no interest or even understanding of the need for systemic change. 1695 01:18:18,600 --> 01:18:20,840 Speaker 1: This little setup is great for elite dums who get 1696 01:18:20,840 --> 01:18:23,000 Speaker 1: to virtue signal. It's great for elite Republicans who get 1697 01:18:23,040 --> 01:18:25,760 Speaker 1: to anti woke virtue signal, and corporations who just get 1698 01:18:25,800 --> 01:18:30,920 Speaker 1: to continue with unchecked bipartisan fact exploitation. Bernie's gentle acknowledgment 1699 01:18:31,320 --> 01:18:34,280 Speaker 1: that it is legitimate to be angry about the system 1700 01:18:34,560 --> 01:18:37,719 Speaker 1: is a threat to Jensaki's whole self, and she cannot 1701 01:18:37,760 --> 01:18:41,679 Speaker 1: abide even one sentence of such a critique on her air. 1702 01:18:42,520 --> 01:18:44,120 Speaker 3: This really irritated me, this. 1703 01:18:44,120 --> 01:18:46,720 Speaker 1: Whole thing, the whole interview, Iby, I can't play the 1704 01:18:46,720 --> 01:18:48,160 Speaker 1: whole twelve minutes, it. 1705 01:18:48,040 --> 01:18:49,720 Speaker 2: Was all like this, and if you want to hear 1706 01:18:49,840 --> 01:18:53,240 Speaker 2: my reaction to Crystal's monologue, become a premium subscriber today 1707 01:18:53,320 --> 01:18:59,040 Speaker 2: at breakingpoints dot com. So how are we looking at Well, 1708 01:18:59,080 --> 01:19:01,719 Speaker 2: there's a lot of discussion around wokeness today, the dangers 1709 01:19:01,720 --> 01:19:03,680 Speaker 2: that it poses, much of which I agree with, but 1710 01:19:03,760 --> 01:19:06,200 Speaker 2: much of which has been a hysterical caricature used to 1711 01:19:06,240 --> 01:19:09,840 Speaker 2: cover up longstanding economic inequities. Both sides have a point 1712 01:19:09,840 --> 01:19:12,040 Speaker 2: that the other side appears to have lost it. Peel 1713 01:19:12,080 --> 01:19:14,160 Speaker 2: back the layer of screaming at each other, try to 1714 01:19:14,200 --> 01:19:17,040 Speaker 2: remember what the fight is really about. Really, it's about 1715 01:19:17,080 --> 01:19:18,920 Speaker 2: what type of country that you want to live in 1716 01:19:19,240 --> 01:19:21,280 Speaker 2: the systems that we have in place and how they 1717 01:19:21,320 --> 01:19:24,639 Speaker 2: should work. Perhaps no area of the debate has been 1718 01:19:24,680 --> 01:19:28,200 Speaker 2: hotter than education policy, mostly in the media, focusing on 1719 01:19:28,280 --> 01:19:31,120 Speaker 2: teaching about race and how much input parents should have 1720 01:19:31,160 --> 01:19:34,559 Speaker 2: on gender ideology in schools, but much of what actually 1721 01:19:34,560 --> 01:19:37,800 Speaker 2: misses the point is the most important debate of all, 1722 01:19:38,080 --> 01:19:42,839 Speaker 2: equality of opportunity or equality of outcome. You can basically 1723 01:19:42,840 --> 01:19:45,760 Speaker 2: describe the latter as the underlying desire of the new 1724 01:19:45,840 --> 01:19:50,520 Speaker 2: quote equity movement. The equity movement works to promote equality 1725 01:19:50,600 --> 01:19:54,600 Speaker 2: of outcome by focusing on systemic inequalities in racial outcomes 1726 01:19:54,720 --> 01:19:58,559 Speaker 2: and trying to normalize everyone to the same level. This, 1727 01:19:58,680 --> 01:20:00,760 Speaker 2: of course sounds good for everyone who's below average, but 1728 01:20:00,800 --> 01:20:02,640 Speaker 2: it's a nightmare for those who are above. Averages a 1729 01:20:02,720 --> 01:20:04,920 Speaker 2: deliberacy to less an opportunity for all and to get 1730 01:20:04,920 --> 01:20:07,519 Speaker 2: the desired social outcome. This was the underlying goal for 1731 01:20:07,560 --> 01:20:10,360 Speaker 2: San Francisco in twenty fifteen, when they saw racial achievement 1732 01:20:10,400 --> 01:20:13,640 Speaker 2: gaps in math outcomes, they decided the real problem was 1733 01:20:13,640 --> 01:20:16,960 Speaker 2: a high achieving students, which were disproportionately Asian, were getting 1734 01:20:17,040 --> 01:20:19,719 Speaker 2: a leg up on other races because they had access 1735 01:20:19,760 --> 01:20:22,719 Speaker 2: to advanced math courses in middle school, specifically eighth grade, 1736 01:20:22,800 --> 01:20:25,400 Speaker 2: and the gap only continued to widen throughout high school. 1737 01:20:25,560 --> 01:20:27,960 Speaker 2: So to prevent the gap, San Francisco landed on this 1738 01:20:28,000 --> 01:20:31,000 Speaker 2: genius solution, take away the ability for any student to 1739 01:20:31,040 --> 01:20:33,360 Speaker 2: take Algebra one in middle school. You can't have a 1740 01:20:33,360 --> 01:20:35,879 Speaker 2: gap if you don't even give it an opportunity to develop. 1741 01:20:36,240 --> 01:20:39,559 Speaker 2: The school justified the decision saying it would instead bolster 1742 01:20:39,640 --> 01:20:42,599 Speaker 2: math curriculum for everybody, making it more fair to all 1743 01:20:42,640 --> 01:20:44,719 Speaker 2: students and putting them all in the same classes. 1744 01:20:44,960 --> 01:20:46,360 Speaker 4: Low middle and high achievers. 1745 01:20:46,600 --> 01:20:48,960 Speaker 2: Now, first, it's important to lay out why some high 1746 01:20:49,000 --> 01:20:52,519 Speaker 2: achieving eighth graders want to take Algebra one in middle school. 1747 01:20:52,640 --> 01:20:54,760 Speaker 2: The reason is because doing so allows one to take 1748 01:20:54,760 --> 01:20:57,760 Speaker 2: more advanced math classes senior year of high school. Very 1749 01:20:57,760 --> 01:21:00,720 Speaker 2: advantageous to any student applying to a STEM program with 1750 01:21:00,920 --> 01:21:02,360 Speaker 2: math prerequisites. 1751 01:21:02,560 --> 01:21:04,559 Speaker 4: We also shouldn't forget the more ap. 1752 01:21:04,520 --> 01:21:06,679 Speaker 2: Courses that you can take in high school, the more 1753 01:21:06,680 --> 01:21:09,280 Speaker 2: credits that you get in college that are valuable tuition 1754 01:21:09,400 --> 01:21:11,679 Speaker 2: money that you're saving. This is a program many families 1755 01:21:11,680 --> 01:21:13,720 Speaker 2: in San Francisco relied on to make sure that their 1756 01:21:13,800 --> 01:21:16,920 Speaker 2: kids have a chance, especially in the ultra competitive UC system. 1757 01:21:17,200 --> 01:21:19,559 Speaker 2: So effectively, the city made the decision to cripple these 1758 01:21:19,600 --> 01:21:21,680 Speaker 2: people and to make their lives more difficult in the 1759 01:21:21,800 --> 01:21:22,559 Speaker 2: name of equity. 1760 01:21:22,760 --> 01:21:23,519 Speaker 4: How did it work out? 1761 01:21:23,800 --> 01:21:26,240 Speaker 2: We now have almost a decade of data, and predictably 1762 01:21:26,320 --> 01:21:27,160 Speaker 2: it was a disaster. 1763 01:21:27,439 --> 01:21:28,919 Speaker 4: A new study a team of researchers. 1764 01:21:28,920 --> 01:21:31,920 Speaker 2: They looked at twenty three thousand students in performance over 1765 01:21:31,960 --> 01:21:34,960 Speaker 2: the years to find this quote, White and Asian enrollment 1766 01:21:34,960 --> 01:21:37,680 Speaker 2: in advanced pre calculus was still over twice that of 1767 01:21:37,680 --> 01:21:41,200 Speaker 2: Black and Hispanic students. Black and Hispanic calculus enrollment remained 1768 01:21:41,200 --> 01:21:43,519 Speaker 2: below ten percent before and after reform. 1769 01:21:43,720 --> 01:21:45,559 Speaker 4: The test scores show quote, black. 1770 01:21:45,360 --> 01:21:48,240 Speaker 2: And Hispanic eleventh graders in San Francisco earned appalling scores 1771 01:21:48,240 --> 01:21:51,000 Speaker 2: on state math test, scoring about the same as or 1772 01:21:51,040 --> 01:21:53,439 Speaker 2: lower than the typical fifth grader in the state, in 1773 01:21:53,479 --> 01:21:56,720 Speaker 2: effect showing that they learned a grand total of nothing in. 1774 01:21:56,720 --> 01:21:57,719 Speaker 4: Six years of schooling. 1775 01:21:58,000 --> 01:22:01,839 Speaker 2: Even more troubling, the system adapted, the proportion of students 1776 01:22:01,840 --> 01:22:04,280 Speaker 2: who chose not to enroll in any math course in 1777 01:22:04,400 --> 01:22:07,600 Speaker 2: senior year did not change at all. And here's the 1778 01:22:07,640 --> 01:22:10,200 Speaker 2: really crazy part. Not only did nothing change for black 1779 01:22:10,240 --> 01:22:13,879 Speaker 2: and Hispanic students, nothing also changed for white and Asian students. 1780 01:22:14,080 --> 01:22:17,760 Speaker 2: How and why Because even though the school did not 1781 01:22:17,840 --> 01:22:21,360 Speaker 2: offer algebra one in eighth grade, parents simply enrolled them 1782 01:22:21,560 --> 01:22:25,320 Speaker 2: in online algebra programs or in summer school or private school, 1783 01:22:25,479 --> 01:22:28,719 Speaker 2: costing them lots of time and money in addition to tutors, 1784 01:22:29,040 --> 01:22:31,600 Speaker 2: meaning that the only people who really suffered were the 1785 01:22:31,680 --> 01:22:34,439 Speaker 2: parents of high achieving students who both got built at 1786 01:22:34,439 --> 01:22:36,960 Speaker 2: local and state tax level and had to pay more 1787 01:22:37,000 --> 01:22:40,000 Speaker 2: for private schooling. Seems fair, right, The people who want 1788 01:22:40,040 --> 01:22:42,040 Speaker 2: to do better had to pay more. The people who 1789 01:22:42,080 --> 01:22:44,240 Speaker 2: the policy was meant to help, not only didn't get help, 1790 01:22:44,400 --> 01:22:47,680 Speaker 2: arguably got worse. This is the terrifying future of an 1791 01:22:47,680 --> 01:22:50,519 Speaker 2: affirmative action led society. I've been sounding the alarm here 1792 01:22:50,640 --> 01:22:53,160 Speaker 2: for quite some time about similar efforts going on in 1793 01:22:53,240 --> 01:22:55,400 Speaker 2: law school and in med school. They are trying their 1794 01:22:55,400 --> 01:22:59,080 Speaker 2: best to ditch merit based criteria like elsats, MCATs, and 1795 01:22:59,160 --> 01:23:02,400 Speaker 2: GPAs in favor of essays. Doing it because they know 1796 01:23:02,520 --> 01:23:04,920 Speaker 2: the court is going to strike down affirmative action, and 1797 01:23:04,960 --> 01:23:08,160 Speaker 2: they want to be able to preserve racial quotas. The 1798 01:23:08,200 --> 01:23:10,000 Speaker 2: only way to do so is to make sure that 1799 01:23:10,080 --> 01:23:14,040 Speaker 2: you can't prove racial discrimination with objective metrics. The byproduct 1800 01:23:14,240 --> 01:23:16,960 Speaker 2: is that there is no way to know if anyone 1801 01:23:17,000 --> 01:23:20,519 Speaker 2: in a position that was once thought off as prestigious actually. 1802 01:23:20,080 --> 01:23:21,240 Speaker 4: Earned their way there. 1803 01:23:21,479 --> 01:23:24,599 Speaker 2: Worse, the new affirmative action world makes it easier for 1804 01:23:24,680 --> 01:23:28,040 Speaker 2: parents and students with resources to game the system and 1805 01:23:28,080 --> 01:23:30,360 Speaker 2: attain the place that they would have gotten anyways. The 1806 01:23:30,400 --> 01:23:32,240 Speaker 2: only way in the future to make sure that your 1807 01:23:32,240 --> 01:23:34,439 Speaker 2: doctor or your lawyer is someone you can trust, you've 1808 01:23:34,439 --> 01:23:36,920 Speaker 2: got to ask a friend or an acquaintance or someone 1809 01:23:36,920 --> 01:23:37,200 Speaker 2: you know. 1810 01:23:37,560 --> 01:23:38,320 Speaker 4: This is crazy. 1811 01:23:38,520 --> 01:23:42,320 Speaker 2: It circumvents the entire reason credentials and objective criteria existed 1812 01:23:42,360 --> 01:23:45,599 Speaker 2: in the first place. In eighteen hundreds. Admittance to Harvard 1813 01:23:45,600 --> 01:23:49,400 Speaker 2: and other high echelons of society entailed getting things like 1814 01:23:49,680 --> 01:23:54,720 Speaker 2: letters of character from established gentlemen of society. Naturally, this 1815 01:23:54,800 --> 01:23:57,840 Speaker 2: did not work well for Jews, Blacks, people of any 1816 01:23:57,920 --> 01:24:00,559 Speaker 2: minority that was smart and wanted to get other leg up, 1817 01:24:00,720 --> 01:24:04,720 Speaker 2: but they couldn't get past discrimination. Credentials were established specifically 1818 01:24:04,760 --> 01:24:09,160 Speaker 2: to give public faith and professions with rigorous standards. The 1819 01:24:09,320 --> 01:24:11,960 Speaker 2: understanding though, that the community of those who have the 1820 01:24:12,000 --> 01:24:14,800 Speaker 2: credential would also police each other to make sure that 1821 01:24:14,880 --> 01:24:17,280 Speaker 2: they did what they said they could do and learned 1822 01:24:17,320 --> 01:24:19,759 Speaker 2: what they were supposed to in school. In our new world, 1823 01:24:19,920 --> 01:24:22,719 Speaker 2: you can't trust anything because remember this, the only reason 1824 01:24:22,720 --> 01:24:25,040 Speaker 2: that we know about that San Francisco experiment is because 1825 01:24:25,040 --> 01:24:28,360 Speaker 2: we had test scores. You already know what the lesson 1826 01:24:28,360 --> 01:24:30,960 Speaker 2: that they've learned is. It's not bring back algebra one. 1827 01:24:31,120 --> 01:24:33,960 Speaker 2: It's get rid of test scores entirely. First the SAT 1828 01:24:34,120 --> 01:24:36,960 Speaker 2: and the ACT. Next they're coming for the GPA. They're 1829 01:24:36,960 --> 01:24:40,120 Speaker 2: already saying those are racists, not equitable. They'll keep eroding 1830 01:24:40,280 --> 01:24:43,320 Speaker 2: any semblance that we have of a fair society and 1831 01:24:43,400 --> 01:24:45,640 Speaker 2: remember this. They will do it in the names of 1832 01:24:45,680 --> 01:24:48,519 Speaker 2: the poor and the marginalized, and in reality it will 1833 01:24:48,560 --> 01:24:51,160 Speaker 2: serve the richest and the most powerful war amongst us. 1834 01:24:51,400 --> 01:24:54,280 Speaker 2: How crazy is that that you can consider? And when 1835 01:24:54,320 --> 01:24:56,559 Speaker 2: you take it away that white and Asians do not 1836 01:24:56,600 --> 01:24:58,280 Speaker 2: suffer at all because they just put their kids in 1837 01:24:58,280 --> 01:25:00,599 Speaker 2: summer school and in private up private school. 1838 01:25:00,960 --> 01:25:03,839 Speaker 1: And if you want to hear my reaction to Cyber's monologue, 1839 01:25:03,920 --> 01:25:10,760 Speaker 1: become a premium subscriber today at Breakingpoints dot com. So 1840 01:25:10,960 --> 01:25:14,800 Speaker 1: yesterday we were discussing the situation with Centator Dianne Feinstein 1841 01:25:15,000 --> 01:25:17,400 Speaker 1: and how Congress and Rocanna had come out and called 1842 01:25:17,439 --> 01:25:20,280 Speaker 1: for her to resign, something that we considered quite courageous. 1843 01:25:20,280 --> 01:25:22,479 Speaker 1: Given that you are a fellow California and you've taken 1844 01:25:22,760 --> 01:25:24,280 Speaker 1: quite a bit of heat for those comments. 1845 01:25:24,320 --> 01:25:25,639 Speaker 3: We're lucky to have you in studio today. 1846 01:25:25,640 --> 01:25:27,240 Speaker 7: So thanks back here. 1847 01:25:27,400 --> 01:25:30,920 Speaker 1: Yeah, absolutely, So, just I guess start with what made 1848 01:25:31,000 --> 01:25:33,760 Speaker 1: you want to speak out in this regard, because you know, 1849 01:25:33,840 --> 01:25:35,960 Speaker 1: I do think it is probably an uncomfortable thing for 1850 01:25:36,000 --> 01:25:37,360 Speaker 1: you to do, and I don't know if you're hearing 1851 01:25:37,400 --> 01:25:40,280 Speaker 1: from constituents in California. I know you're certainly hearing from 1852 01:25:40,320 --> 01:25:41,919 Speaker 1: other elected lawmakers in California. 1853 01:25:42,000 --> 01:25:43,479 Speaker 3: So what made you want to speak out? 1854 01:25:44,120 --> 01:25:45,920 Speaker 7: Well, I just said out loud what it's been an 1855 01:25:45,920 --> 01:25:48,160 Speaker 7: open secret in the delegation, and that is it's a 1856 01:25:48,160 --> 01:25:51,760 Speaker 7: sad situation. I mean, Senator Feinstein has had a long career, 1857 01:25:51,800 --> 01:25:53,960 Speaker 7: a distinguished career in public service, but she's no longer 1858 01:25:54,000 --> 01:25:56,719 Speaker 7: able to do the job. She's missed seventy five percent 1859 01:25:56,760 --> 01:26:00,200 Speaker 7: of her votes. Senator Durbin then came out and said 1860 01:26:00,240 --> 01:26:02,920 Speaker 7: that it's actually making it hard to confirm judges. It's 1861 01:26:02,960 --> 01:26:05,880 Speaker 7: the one thing that President Biden can actually get done, 1862 01:26:05,880 --> 01:26:09,320 Speaker 7: and he's nominating a lot of qualified judges. She's not there, 1863 01:26:09,800 --> 01:26:11,960 Speaker 7: And I thought someone had to speak out. 1864 01:26:12,000 --> 01:26:14,880 Speaker 2: Right, And so Congressman, you know so far former Speaker 1865 01:26:14,960 --> 01:26:16,439 Speaker 2: Nancy Pelosis is going to put us up there on 1866 01:26:16,439 --> 01:26:19,520 Speaker 2: the screen. Guys says that calls for Diane Feinstein's resignation 1867 01:26:19,680 --> 01:26:23,720 Speaker 2: are sexist, politically motivated. You reference that Politico article where 1868 01:26:23,760 --> 01:26:26,320 Speaker 2: people were taking quite a bit of shots at you. 1869 01:26:26,439 --> 01:26:30,080 Speaker 2: I mean, how do you square the Washington reaction to 1870 01:26:30,200 --> 01:26:34,639 Speaker 2: kind of wanting to preserve her legacy by shielding her 1871 01:26:34,720 --> 01:26:38,160 Speaker 2: from any criticism that you and Frankly, I think some 1872 01:26:38,240 --> 01:26:41,040 Speaker 2: forty million people in California also probably agree with you 1873 01:26:41,080 --> 01:26:44,120 Speaker 2: on because they're not getting their constituent services done well. 1874 01:26:44,160 --> 01:26:46,679 Speaker 7: I just think it's not in touch with what people 1875 01:26:46,840 --> 01:26:49,479 Speaker 7: on the ground are saying. And that isn't any job 1876 01:26:49,800 --> 01:26:52,639 Speaker 7: you're expected to be able to show up. And it's 1877 01:26:52,640 --> 01:26:54,760 Speaker 7: one thing if you have a health issue, you take leave, 1878 01:26:54,880 --> 01:26:57,519 Speaker 7: you come back back, but you can't just miss something, 1879 01:26:57,600 --> 01:27:00,960 Speaker 7: have an indefinite date of when you come back and 1880 01:27:01,080 --> 01:27:03,040 Speaker 7: not be able to fulfill your duties. And it's not 1881 01:27:03,120 --> 01:27:05,120 Speaker 7: just me saying it, it's a lot of her senate 1882 01:27:05,240 --> 01:27:09,840 Speaker 7: colleagues saying this privately and people expressing concern about the judiciary, 1883 01:27:09,960 --> 01:27:14,879 Speaker 7: and it's actually just not true that it only affects 1884 01:27:14,920 --> 01:27:17,280 Speaker 7: people based on gender. I mean, this was an argument 1885 01:27:17,479 --> 01:27:20,960 Speaker 7: that people were making with the Stephen Bryer that he 1886 01:27:21,040 --> 01:27:24,679 Speaker 7: should retire to allow President Biden to fill that slot. 1887 01:27:24,680 --> 01:27:27,880 Speaker 7: And I have tremendous to admiration for Justice Bryor, so 1888 01:27:28,479 --> 01:27:30,720 Speaker 7: I think that here this is a case where it's 1889 01:27:30,760 --> 01:27:32,400 Speaker 7: more about can someone do their job. 1890 01:27:33,439 --> 01:27:37,240 Speaker 1: You were basically called in that Politico article not only sexist, 1891 01:27:37,520 --> 01:27:41,200 Speaker 1: also agist and politically motivated. I want to ask you 1892 01:27:41,240 --> 01:27:44,200 Speaker 1: about that piece because The theory they laid out is 1893 01:27:44,240 --> 01:27:48,920 Speaker 1: that you've endorsed Senator Barbara Lee for Senate, and Governor 1894 01:27:48,920 --> 01:27:51,559 Speaker 1: Gavin Newsom has said that if that seat was open, 1895 01:27:51,680 --> 01:27:54,120 Speaker 1: he would appoint a black woman, Barbara Lee being a 1896 01:27:54,120 --> 01:27:57,800 Speaker 1: black woman, So you're trying to basically push Diane Feinstein 1897 01:27:57,880 --> 01:28:00,519 Speaker 1: out to make room for your chosen can what's your 1898 01:28:00,520 --> 01:28:01,120 Speaker 1: reaction to that. 1899 01:28:01,200 --> 01:28:03,920 Speaker 7: Well, first all, I'm very, very proud to endorse Barbara Lee. 1900 01:28:03,960 --> 01:28:07,360 Speaker 7: She has been the most consistent anti war voice in 1901 01:28:07,400 --> 01:28:09,960 Speaker 7: the United States Congress and we need her, in my view, 1902 01:28:10,000 --> 01:28:11,880 Speaker 7: in the United States Senate. It's one of the reasons 1903 01:28:11,960 --> 01:28:14,559 Speaker 7: I didn't run, despite having a lot of encouragement. But 1904 01:28:14,800 --> 01:28:17,920 Speaker 7: this has nothing to do with Senator Feinstein. Gavin Newsom 1905 01:28:17,960 --> 01:28:20,960 Speaker 7: can appoint a caretaker, and he can appoint an African 1906 01:28:21,000 --> 01:28:24,559 Speaker 7: American woman who is a caretaker who doesn't run. There 1907 01:28:24,560 --> 01:28:26,240 Speaker 7: are a number of them he could pick from in 1908 01:28:26,280 --> 01:28:28,839 Speaker 7: the state. There's the Secretary of State, There's Maxine Waters. 1909 01:28:29,040 --> 01:28:32,240 Speaker 7: There are people in the educational world. So you can 1910 01:28:32,560 --> 01:28:36,840 Speaker 7: support Barbara Lee believe that Senator Feinstein should step down 1911 01:28:36,920 --> 01:28:38,840 Speaker 7: and not have an impact on the race. 1912 01:28:39,000 --> 01:28:40,519 Speaker 3: Right, So it seemed a little tortured to me. 1913 01:28:40,720 --> 01:28:44,120 Speaker 2: Yes, to be honestly, Congressman Senator Feinstein or maybe the 1914 01:28:44,120 --> 01:28:46,719 Speaker 2: people around her said, Okay, we'll square this by saying 1915 01:28:46,760 --> 01:28:49,120 Speaker 2: that she'll step down from the Judiciary Committee and encourage 1916 01:28:49,160 --> 01:28:52,040 Speaker 2: Chuck Schumer to appoint somebody else. But the Republicans would 1917 01:28:52,080 --> 01:28:53,640 Speaker 2: have to agree. You'd have to get sixty votes for 1918 01:28:53,640 --> 01:28:55,639 Speaker 2: a lot of that to happen. John Cornyn and many 1919 01:28:55,640 --> 01:28:57,960 Speaker 2: other Republicans already, even Susan Collins have come out and said, 1920 01:28:57,960 --> 01:28:59,120 Speaker 2: I'm not going to support that. I'm not going to 1921 01:28:59,200 --> 01:29:02,479 Speaker 2: vote to help Joe Biden confirm Democratic judges. So we're 1922 01:29:02,479 --> 01:29:04,679 Speaker 2: now with a point where she either has to resign 1923 01:29:04,840 --> 01:29:07,040 Speaker 2: or she can stay in her position. And if she's 1924 01:29:07,040 --> 01:29:08,839 Speaker 2: going to do that, she's going to prevent the judges 1925 01:29:09,040 --> 01:29:11,479 Speaker 2: from being appointed now that they're a way that she's 1926 01:29:11,479 --> 01:29:14,479 Speaker 2: tried to square it. Have you heard any other agreement 1927 01:29:14,479 --> 01:29:17,040 Speaker 2: with your position, any possible developments. I believe this has 1928 01:29:17,040 --> 01:29:19,160 Speaker 2: all happened in the last forty eight hours or so. Well. 1929 01:29:19,200 --> 01:29:21,559 Speaker 7: I think here's what happened. When I put out that statement, 1930 01:29:22,120 --> 01:29:25,320 Speaker 7: within two hours it had caught fire. And you never know, 1931 01:29:25,360 --> 01:29:27,439 Speaker 7: I mean sometimes I tweet something out and five people 1932 01:29:27,520 --> 01:29:31,360 Speaker 7: like it. This one I think resonated because it spoke 1933 01:29:31,439 --> 01:29:34,360 Speaker 7: to what people were thinking and a frustration, and so 1934 01:29:35,080 --> 01:29:38,320 Speaker 7: Senator Feinstein's team I think scrambled and they put this 1935 01:29:38,479 --> 01:29:41,920 Speaker 7: out there. They didn't look necessarily at all the procedure 1936 01:29:41,960 --> 01:29:44,360 Speaker 7: that had to go, and that quelled some of the fear. 1937 01:29:44,439 --> 01:29:47,640 Speaker 7: And even in my case, if she got off Judiciary, 1938 01:29:47,640 --> 01:29:51,160 Speaker 7: if someone else got on Judiciary, she'd certainly buy some time. 1939 01:29:51,240 --> 01:29:54,599 Speaker 7: The problem is that now that's not going to be possible. 1940 01:29:54,640 --> 01:29:57,799 Speaker 7: What Senator Cornin has said is that they will support 1941 01:29:58,120 --> 01:30:01,120 Speaker 7: a Democrat if she steps aside coming on the committee, 1942 01:30:01,120 --> 01:30:04,040 Speaker 7: but they're not going to support her just leaving and 1943 01:30:04,120 --> 01:30:06,600 Speaker 7: temporarily filling it. So I think now the ball is 1944 01:30:06,640 --> 01:30:09,120 Speaker 7: back in her court and she's going to either have 1945 01:30:09,200 --> 01:30:12,320 Speaker 7: to give a concrete date when she's coming back and 1946 01:30:12,360 --> 01:30:15,200 Speaker 7: being able to vote, or really think hard about how 1947 01:30:15,200 --> 01:30:17,920 Speaker 7: she wants to end her career. And I well, the 1948 01:30:17,920 --> 01:30:20,360 Speaker 7: sad part is I think this is hurting her own 1949 01:30:20,760 --> 01:30:22,720 Speaker 7: legacy to drag this out. 1950 01:30:22,720 --> 01:30:24,439 Speaker 3: Absolutely for sure, no doubt about it. 1951 01:30:25,000 --> 01:30:28,879 Speaker 1: Does the public position in private position of these elected 1952 01:30:28,920 --> 01:30:32,479 Speaker 1: democrats matchup so publicly they're saying, your sexist did she 1953 01:30:32,479 --> 01:30:34,839 Speaker 1: should retire on her own terms? And how dare you 1954 01:30:35,040 --> 01:30:37,559 Speaker 1: ask her to step aside or dare anybody ask her 1955 01:30:37,560 --> 01:30:40,240 Speaker 1: to step aside? But privately, they've got to be not 1956 01:30:40,280 --> 01:30:42,799 Speaker 1: happy about the fact that judges aren't getting confirmed. 1957 01:30:42,880 --> 01:30:44,000 Speaker 3: I mean brass tacks. 1958 01:30:44,120 --> 01:30:46,160 Speaker 1: You know, one of the most important things that Trump 1959 01:30:46,200 --> 01:30:47,479 Speaker 1: did when he was in office, and one of the 1960 01:30:47,479 --> 01:30:49,320 Speaker 1: most important things that Biden's been doing when he's in 1961 01:30:49,360 --> 01:30:52,200 Speaker 1: office is getting judges on the bench to rule on 1962 01:30:52,240 --> 01:30:55,200 Speaker 1: issues that are really important the democratic based, like abortion rights. 1963 01:30:55,200 --> 01:30:56,200 Speaker 3: To name one. 1964 01:30:56,680 --> 01:30:59,400 Speaker 1: So are you aware of any pressure that's being applied 1965 01:30:59,600 --> 01:31:03,280 Speaker 1: behind the scenes to try to push her to on 1966 01:31:03,320 --> 01:31:06,519 Speaker 1: her own terms resign given the fact that this really 1967 01:31:06,560 --> 01:31:08,439 Speaker 1: is hamstring the Senate and its ability to operate. 1968 01:31:09,040 --> 01:31:11,160 Speaker 7: Privately, there are a lot of people who agree with 1969 01:31:11,320 --> 01:31:14,240 Speaker 7: my position, both text and coming up on the House floor. 1970 01:31:15,040 --> 01:31:16,960 Speaker 7: You know, it's hard to and I understand why they 1971 01:31:16,960 --> 01:31:20,200 Speaker 7: don't want to get out their public living. It's not 1972 01:31:20,320 --> 01:31:24,679 Speaker 7: an easy thing. I've been open on calling out truth 1973 01:31:24,680 --> 01:31:27,920 Speaker 7: to power where I see it, but their consequences to 1974 01:31:28,040 --> 01:31:30,240 Speaker 7: the easiest way to sort of rise in Washington is 1975 01:31:30,280 --> 01:31:33,120 Speaker 7: just to keep your head down, not say anything provocative, 1976 01:31:33,120 --> 01:31:35,519 Speaker 7: and eventually you become a committee chair or you're on 1977 01:31:35,600 --> 01:31:39,920 Speaker 7: some cabinet position, and that makes people reluctant to take 1978 01:31:40,000 --> 01:31:44,080 Speaker 7: on powerful interest. But I do think people understand the 1979 01:31:44,200 --> 01:31:46,479 Speaker 7: urgency here. I mean, look, you've got a Texas judge 1980 01:31:46,560 --> 01:31:49,600 Speaker 7: who's taking away the abortion pill from millions of Americans 1981 01:31:49,760 --> 01:31:53,080 Speaker 7: engage in anti science. We've got to get our judges confirmed. 1982 01:31:53,640 --> 01:31:56,160 Speaker 7: On this committee. You have eighteen that have come out 1983 01:31:56,160 --> 01:31:58,760 Speaker 7: of the committee, and the Senate floor is slow. So fine, 1984 01:31:58,840 --> 01:32:01,799 Speaker 7: those will go through, but we need a pipeline because 1985 01:32:01,920 --> 01:32:05,000 Speaker 7: when the Senate floor moves, I rather have fifty people 1986 01:32:05,040 --> 01:32:07,840 Speaker 7: ready rather than not having done anything for a month. 1987 01:32:08,120 --> 01:32:11,200 Speaker 7: Every day we wait is hurting the ability to get 1988 01:32:11,240 --> 01:32:12,120 Speaker 7: judges confirmed. 1989 01:32:13,080 --> 01:32:15,080 Speaker 1: There was one other issue I wanted to ask you about, 1990 01:32:15,080 --> 01:32:18,000 Speaker 1: with regard to to speaking down and taking courageous stands. 1991 01:32:18,200 --> 01:32:19,120 Speaker 3: There was a letter that. 1992 01:32:19,040 --> 01:32:21,880 Speaker 1: Was just published by pushed by Carus Woman to leave 1993 01:32:21,960 --> 01:32:24,040 Speaker 1: and signed by a number of other squad members. I 1994 01:32:24,040 --> 01:32:26,120 Speaker 1: think there were seven signatories. Go ahead and put this 1995 01:32:26,439 --> 01:32:29,880 Speaker 1: up on the screen, calling for the DOJ to drop 1996 01:32:30,000 --> 01:32:33,599 Speaker 1: charges against Julian Assange and defend freedom of the press. 1997 01:32:33,720 --> 01:32:36,040 Speaker 1: Freedom of press First Amendment is an issue that I 1998 01:32:36,080 --> 01:32:38,719 Speaker 1: think you have been very courageous on. You've spoken out against. 1999 01:32:38,800 --> 01:32:41,639 Speaker 1: I'm wondering why you didn't sign on to this particular letter. 2000 01:32:42,360 --> 01:32:45,200 Speaker 7: I read the details, but I support the position, and 2001 01:32:45,240 --> 01:32:48,519 Speaker 7: that's the important thing. I've supported the position publicly that 2002 01:32:48,760 --> 01:32:52,800 Speaker 7: we should not be prosecuting Julian Assange because it's overbroad 2003 01:32:52,920 --> 01:32:57,000 Speaker 7: and the charges against him. What I've said is you 2004 01:32:57,120 --> 01:33:01,200 Speaker 7: should be prosecuted for actually hacking or taking classified secrets, 2005 01:33:01,400 --> 01:33:04,479 Speaker 7: but not for the dissemination as a publisher. And I 2006 01:33:04,560 --> 01:33:08,360 Speaker 7: actually co authored the Protection of Journalists Act saying that 2007 01:33:08,560 --> 01:33:14,160 Speaker 7: people publishing things should not be prosecuted. So I don't 2008 01:33:14,160 --> 01:33:15,439 Speaker 7: know if I glanced at the letter and there was 2009 01:33:15,479 --> 01:33:17,840 Speaker 7: some sentence I didn't like or something, but in terms 2010 01:33:17,880 --> 01:33:20,599 Speaker 7: of the actual position, I'm been very clear and very 2011 01:33:20,640 --> 01:33:21,200 Speaker 7: early on it. 2012 01:33:21,240 --> 01:33:23,120 Speaker 1: So and that was why I was surprised, actually that 2013 01:33:23,160 --> 01:33:24,680 Speaker 1: you weren't on the letter. So you'd be willing to 2014 01:33:24,680 --> 01:33:26,880 Speaker 1: take another look at it and consider signing on to it. 2015 01:33:27,200 --> 01:33:28,640 Speaker 7: I'm happy to take a look at it. But my 2016 01:33:28,720 --> 01:33:32,400 Speaker 7: public position is pretty clear, which is I don't believe 2017 01:33:32,400 --> 01:33:35,760 Speaker 7: that Julian Nissan should be prosecuted. Obama didn't prosecute him. 2018 01:33:35,800 --> 01:33:40,040 Speaker 7: It's an overbroad prosecution. You should not be prosecuting someone 2019 01:33:40,760 --> 01:33:44,439 Speaker 7: for publishing something if they are not involved in actually 2020 01:33:44,800 --> 01:33:47,040 Speaker 7: engineering or hacking the leaks. 2021 01:33:47,160 --> 01:33:49,519 Speaker 2: Yep, okay, well, we appreciate you joining us as always, sir, 2022 01:33:50,120 --> 01:33:51,559 Speaker 2: you appreciate it all right. 2023 01:33:51,600 --> 01:33:52,400 Speaker 4: We'll see you guys later