1
00:00:00,240 --> 00:00:02,320
Speaker 1: Hey, guys, thanks for listening to Breaking Points with Crystal

2
00:00:02,360 --> 00:00:04,240
Speaker 1: and Sager. We're going to be totally upfront with you.

3
00:00:04,360 --> 00:00:07,200
Speaker 1: We took a big risk going independent to make this work.

4
00:00:07,320 --> 00:00:11,880
Speaker 1: We need your support to beat the corporate media CNN, Fox, MSNBC.

5
00:00:12,200 --> 00:00:15,760
Speaker 1: They are ripping this country apart. They are making millions

6
00:00:15,760 --> 00:00:18,360
Speaker 1: of dollars doing it to help support our mission of

7
00:00:18,440 --> 00:00:20,720
Speaker 1: making all of us hate each other, less hate the

8
00:00:20,720 --> 00:00:24,000
Speaker 1: corrupt ruling class more support the show. Become a Breaking

9
00:00:24,000 --> 00:00:26,560
Speaker 1: Points Premium Member today, where you get to watch and

10
00:00:26,680 --> 00:00:29,640
Speaker 1: listen to the entire show ad free and uncut, an

11
00:00:29,640 --> 00:00:32,440
Speaker 1: hour early before everyone else. You get to hear our

12
00:00:32,479 --> 00:00:35,360
Speaker 1: reactions to each other's monologues. You get to participate and

13
00:00:35,360 --> 00:00:37,960
Speaker 1: weekly ask me any things, and you don't need to

14
00:00:38,000 --> 00:00:41,040
Speaker 1: hear our annoying voices pitching you like I am right now?

15
00:00:41,120 --> 00:00:43,320
Speaker 1: So what are you waiting for? Go to Breakingpoints dot

16
00:00:43,320 --> 00:00:46,080
Speaker 1: com become a Premium member today, which is available in

17
00:00:46,120 --> 00:01:05,920
Speaker 1: the show notes. Enjoy the show, guys, Good morning, everybody,

18
00:01:05,959 --> 00:01:08,800
Speaker 1: Happy Monday. We have an amazing show for everybody today.

19
00:01:08,800 --> 00:01:11,920
Speaker 1: What do we have, Brystal, Indeed, we do lots to

20
00:01:11,920 --> 00:01:13,800
Speaker 1: get to this morning. Of course, we're going to bring

21
00:01:13,840 --> 00:01:15,560
Speaker 1: you up to speed on what is going on with

22
00:01:15,680 --> 00:01:19,840
Speaker 1: infrastructure and reconciliation and this battle between the progressives and

23
00:01:19,880 --> 00:01:22,120
Speaker 1: the corporatists. All of that we're going to get to.

24
00:01:22,680 --> 00:01:28,760
Speaker 1: Also an amazing and incredibly revealing moment on CNN, Fashakir,

25
00:01:28,800 --> 00:01:32,280
Speaker 1: who is Barney's campaign manager, calls out Heidie height Camp.

26
00:01:32,400 --> 00:01:36,360
Speaker 1: The CNN anchor rushes in to defend her Camp's honor.

27
00:01:37,360 --> 00:01:40,640
Speaker 1: You just gotta watch it, doctor Fauci saying some interesting

28
00:01:40,680 --> 00:01:45,280
Speaker 1: things about our holiday and what to expect. Massive trove

29
00:01:45,480 --> 00:01:50,120
Speaker 1: of documents, largest sleek ever called the Pandora Papers, exposing

30
00:01:50,160 --> 00:01:54,120
Speaker 1: the way that the super wealthy hide all of their funds.

31
00:01:54,160 --> 00:01:58,440
Speaker 1: This implicates world leaders. Also very interesting what it says

32
00:01:58,480 --> 00:02:01,080
Speaker 1: about our own super rich here in the US. They

33
00:02:01,080 --> 00:02:03,120
Speaker 1: don't even have to try to go overseas to hide

34
00:02:03,160 --> 00:02:05,240
Speaker 1: their wealth because the tax rates are so low here

35
00:02:05,280 --> 00:02:07,560
Speaker 1: they can just like they've already rigged the system so

36
00:02:07,720 --> 00:02:09,600
Speaker 1: much that they don't even have to hide what they're doing.

37
00:02:09,680 --> 00:02:14,560
Speaker 1: So good for them, Great job, guys. Big bombshell news

38
00:02:14,600 --> 00:02:17,880
Speaker 1: in the Steven Donziger case. He is being sent to

39
00:02:17,919 --> 00:02:21,720
Speaker 1: federal prison for six months for daring to try to

40
00:02:21,800 --> 00:02:24,240
Speaker 1: hold Chevron to account. We will get to that. I

41
00:02:24,240 --> 00:02:27,200
Speaker 1: also sat down with Andrew Yang, his book is being

42
00:02:27,240 --> 00:02:29,680
Speaker 1: released tomorrow, and talked to him about his plans, pressed

43
00:02:29,720 --> 00:02:31,800
Speaker 1: him on the third party thing and what he wants,

44
00:02:31,840 --> 00:02:34,560
Speaker 1: what his tactics are. Actually felt like I came out

45
00:02:34,560 --> 00:02:36,640
Speaker 1: of the interview with a lot better understanding of his

46
00:02:36,680 --> 00:02:38,480
Speaker 1: mindset and what he was actually up to, and it

47
00:02:38,480 --> 00:02:40,120
Speaker 1: made a lot more sense to me after I talked

48
00:02:40,120 --> 00:02:43,160
Speaker 1: to him. But we do want to start with where

49
00:02:43,200 --> 00:02:46,960
Speaker 1: we are in reconciliation and infrastructure and all of that.

50
00:02:47,320 --> 00:02:51,480
Speaker 1: So last week, of course, there was a big showdown

51
00:02:51,800 --> 00:02:55,400
Speaker 1: Gottheimer and the corporatists. They wanted a vote on the

52
00:02:55,440 --> 00:03:00,440
Speaker 1: infrastructure package. They wanted that to pass. Pelosi had originally said, Okay,

53
00:03:00,480 --> 00:03:02,680
Speaker 1: we'll give you what you want. You'll get a vote

54
00:03:02,680 --> 00:03:05,919
Speaker 1: next week. This came down to the wire. Ultimately they

55
00:03:05,960 --> 00:03:10,640
Speaker 1: pulled that vote because progressives for once actually held strong

56
00:03:10,919 --> 00:03:13,280
Speaker 1: and used the leverage that they had and said, listen,

57
00:03:13,320 --> 00:03:15,920
Speaker 1: we are not going to vote for this thing until

58
00:03:16,000 --> 00:03:20,799
Speaker 1: we have a vote on the reconciliation package. And ultimately

59
00:03:21,040 --> 00:03:23,880
Speaker 1: that is what happened. The vote was pulled, the infrastructure

60
00:03:23,880 --> 00:03:26,119
Speaker 1: bill did not get voted on, and now we're kind

61
00:03:26,120 --> 00:03:29,520
Speaker 1: of back to square one in terms of negotiations over

62
00:03:29,600 --> 00:03:33,120
Speaker 1: that reconciliation package. The other thing that was interesting, and

63
00:03:33,120 --> 00:03:35,640
Speaker 1: we can throw this first element up here on the screen,

64
00:03:36,440 --> 00:03:41,920
Speaker 1: is that Biden seemed to side more with the progressives

65
00:03:42,040 --> 00:03:45,680
Speaker 1: in that he backed the idea of keeping these two

66
00:03:45,800 --> 00:03:49,520
Speaker 1: things linked, which was the proximate battle that they were

67
00:03:49,520 --> 00:03:52,320
Speaker 1: fighting last week. He exited the Capitol here on Friday

68
00:03:52,360 --> 00:03:57,160
Speaker 1: after visiting and said we're gonna get it done. But

69
00:03:57,360 --> 00:04:00,680
Speaker 1: on the other hand, he's also signaling saying, hey, this

70
00:04:00,720 --> 00:04:03,080
Speaker 1: three and a half trillion dollar mark is going to

71
00:04:03,160 --> 00:04:06,120
Speaker 1: have to calm down. And he said this was his quote,

72
00:04:06,440 --> 00:04:09,040
Speaker 1: I wrote, the damn bill. Even a smaller bill can

73
00:04:09,080 --> 00:04:13,040
Speaker 1: make historic investments, historic investments in childcare, daycare, clean energy.

74
00:04:13,040 --> 00:04:16,039
Speaker 1: You get a whole hell of a lot of things done.

75
00:04:16,279 --> 00:04:19,800
Speaker 1: So Progressives did win this one battle. It shows you

76
00:04:20,000 --> 00:04:22,800
Speaker 1: that when you do work as a block, when you

77
00:04:22,839 --> 00:04:26,400
Speaker 1: do threaten and actually play a little hardball and use

78
00:04:26,440 --> 00:04:29,720
Speaker 1: your leverage, you can actually impact the direction that things

79
00:04:29,760 --> 00:04:33,640
Speaker 1: are going in. But we're a long way from finished here,

80
00:04:33,760 --> 00:04:36,800
Speaker 1: and ultimately it looks like there's going to be probably

81
00:04:36,839 --> 00:04:41,320
Speaker 1: a giant haircut taken on this reconciliation package. If anything

82
00:04:41,560 --> 00:04:44,280
Speaker 1: actually gets through it all, that is the biggest question here.

83
00:04:44,320 --> 00:04:45,880
Speaker 1: And so our friend Jeff Stein kind of been at

84
00:04:45,880 --> 00:04:47,839
Speaker 1: the forefront of the reporting on this. Let's put this

85
00:04:47,920 --> 00:04:50,680
Speaker 1: up there on the screen. So one source is currently

86
00:04:50,720 --> 00:04:54,440
Speaker 1: guestimating here about what Joe Manchin wants to cut from

87
00:04:54,440 --> 00:04:57,560
Speaker 1: the bill at one point five trillion dollars. I'll put

88
00:04:57,640 --> 00:04:59,960
Speaker 1: a strange adendum on this. I'm not sure if everyon

89
00:05:00,200 --> 00:05:03,279
Speaker 1: he saw, but Friday, the Mansion team leaked a document

90
00:05:03,360 --> 00:05:06,680
Speaker 1: that they had signed with both him and Chuck Schumer.

91
00:05:06,960 --> 00:05:11,120
Speaker 1: Now this was a laying out of demands. Basically, Joe

92
00:05:11,120 --> 00:05:13,679
Speaker 1: Manchin was trying to prove He's like, no, I've been playing,

93
00:05:13,960 --> 00:05:16,279
Speaker 1: you know, a ball with the Senate Majority leader this

94
00:05:16,480 --> 00:05:19,920
Speaker 1: entire time. It's just that my demands are such that

95
00:05:19,960 --> 00:05:22,480
Speaker 1: a lot of other people in the Democratic Caucus wouldn't

96
00:05:22,520 --> 00:05:24,920
Speaker 1: necessarily align with them. So he wants to show no,

97
00:05:25,080 --> 00:05:27,719
Speaker 1: he actually has real policy demands he could get to yes,

98
00:05:28,040 --> 00:05:30,720
Speaker 1: as opposed to one Kirsten Cinema, who doesn't seem to

99
00:05:30,760 --> 00:05:33,120
Speaker 1: have any demands at all. Now, his one point five

100
00:05:33,200 --> 00:05:37,000
Speaker 1: trillion dollar there, as Jeff you rightly points to, it

101
00:05:37,120 --> 00:05:41,800
Speaker 1: was include paid leave, childcare, child tax credit, some of

102
00:05:41,800 --> 00:05:43,960
Speaker 1: the climate provisions, but Mansion has already said he's not

103
00:05:44,000 --> 00:05:47,440
Speaker 1: necessarily there on those. But this crystal is where I

104
00:05:47,520 --> 00:05:50,479
Speaker 1: do think that again I see the potential for this

105
00:05:50,600 --> 00:05:53,200
Speaker 1: entire thing to fall apart. And the reason why is

106
00:05:53,240 --> 00:05:57,320
Speaker 1: that even amongst those provisions that he's talking about, paid leave, childcare,

107
00:05:57,480 --> 00:06:00,680
Speaker 1: child tax credit, and more, Mansion wants means testing on

108
00:06:00,680 --> 00:06:02,680
Speaker 1: every single one of those programs. He doesn't actually want

109
00:06:02,720 --> 00:06:05,520
Speaker 1: to fully fund all of them, both on philosophical reasons,

110
00:06:05,560 --> 00:06:08,239
Speaker 1: but also on spending not opposed to all the stuff

111
00:06:08,400 --> 00:06:11,400
Speaker 1: that's already been left out. And we've already had several

112
00:06:11,680 --> 00:06:16,440
Speaker 1: senators themselves, people like Tammy Duckworth from Illinois, so not

113
00:06:16,640 --> 00:06:18,920
Speaker 1: you know, by any means like a Bernie Sanders be like, no,

114
00:06:18,960 --> 00:06:22,400
Speaker 1: that's not acceptable with me whatsoever. So even within the

115
00:06:22,440 --> 00:06:25,200
Speaker 1: so called one point five trillion top line number put

116
00:06:25,240 --> 00:06:28,680
Speaker 1: forth by Joe Manchin, there are irreconcilable differences within the

117
00:06:28,680 --> 00:06:32,719
Speaker 1: Democratic Caucus itself. And on top of that, Kirston Cinema

118
00:06:32,800 --> 00:06:35,240
Speaker 1: has not said whatsoever that she's even cool with this

119
00:06:35,279 --> 00:06:37,240
Speaker 1: one point five trillion. I do think it would be

120
00:06:37,240 --> 00:06:40,880
Speaker 1: harder for her to like Stonewall necessarily against this. So

121
00:06:41,320 --> 00:06:44,000
Speaker 1: I still see a lot of roadblocks even if they

122
00:06:44,040 --> 00:06:46,560
Speaker 1: do try to come to this sort of consensus decision.

123
00:06:46,960 --> 00:06:50,080
Speaker 1: I mean, my question with kirston cinema is, bottom line,

124
00:06:50,440 --> 00:06:52,839
Speaker 1: does she care about anything other than selling herself to

125
00:06:52,880 --> 00:06:56,719
Speaker 1: corporate donors for her post senate career. And certainly then

126
00:06:56,760 --> 00:06:58,880
Speaker 1: I'll have more on that in my monologue, but certainly

127
00:06:58,920 --> 00:07:00,440
Speaker 1: her actions don't seem to end it Kate that she

128
00:07:00,480 --> 00:07:03,120
Speaker 1: cares about anything other than that. How much do those

129
00:07:03,160 --> 00:07:07,160
Speaker 1: corporate actors care about getting the bipartisan infrastructure deal pass?

130
00:07:07,240 --> 00:07:09,800
Speaker 1: That's I don't really know, right, I don't know how

131
00:07:09,840 --> 00:07:13,200
Speaker 1: important that is to them ultimately, So that's the other

132
00:07:13,280 --> 00:07:15,680
Speaker 1: question mark in my mind. But Jeff has, of course

133
00:07:15,720 --> 00:07:17,560
Speaker 1: a great piece. I mean, he's such a good reporter,

134
00:07:17,760 --> 00:07:20,240
Speaker 1: really stands out from the pack in terms of just

135
00:07:20,280 --> 00:07:23,200
Speaker 1: actually doing his job and doing it extraordinarily well. He

136
00:07:23,280 --> 00:07:26,040
Speaker 1: talks about there effectively. If you're starting to talk about

137
00:07:26,040 --> 00:07:27,200
Speaker 1: all right, so it's not going to be three and

138
00:07:27,280 --> 00:07:30,000
Speaker 1: naf trillion, we got to cut it back. There are

139
00:07:30,000 --> 00:07:32,840
Speaker 1: two directions you can go in. One is you can say,

140
00:07:32,920 --> 00:07:34,720
Speaker 1: all right, we're going to drop a bunch of these

141
00:07:34,760 --> 00:07:37,720
Speaker 1: programs and we're not going to means test, We're not

142
00:07:37,760 --> 00:07:41,600
Speaker 1: going to put a an expiration date on these things,

143
00:07:41,840 --> 00:07:44,000
Speaker 1: and we're just really going to shrink down our focus

144
00:07:44,080 --> 00:07:47,080
Speaker 1: to what are our top three four priorities. We're going

145
00:07:47,120 --> 00:07:49,200
Speaker 1: to fund those and that's it, and everything else gets

146
00:07:49,280 --> 00:07:52,480
Speaker 1: left out. So, you know, do you do the Medicare,

147
00:07:53,120 --> 00:07:56,200
Speaker 1: dental vision and hearing aids? Do you do the child

148
00:07:56,280 --> 00:07:59,760
Speaker 1: tax credit? Like major things? If you go in that direction,

149
00:08:00,080 --> 00:08:02,800
Speaker 1: major things are going to get left out, which I

150
00:08:02,800 --> 00:08:06,640
Speaker 1: think makes it harder to get everybody on board ultimately,

151
00:08:06,680 --> 00:08:08,440
Speaker 1: because I can tell you the progressives are going to

152
00:08:08,480 --> 00:08:12,400
Speaker 1: be very upset it. Certainly climate is left out, if

153
00:08:12,960 --> 00:08:15,240
Speaker 1: any of the Medicare expansion is left out. There are

154
00:08:15,280 --> 00:08:17,360
Speaker 1: a lot of key pieces here. So that's one direction

155
00:08:17,520 --> 00:08:19,800
Speaker 1: is we're going to fully fund, but we're only going

156
00:08:19,880 --> 00:08:22,520
Speaker 1: to pick like maybe three of these programs. The other

157
00:08:22,600 --> 00:08:27,640
Speaker 1: direction is to bet on the idea that hey, if

158
00:08:27,680 --> 00:08:30,480
Speaker 1: we pass these things to start with, but they have

159
00:08:30,560 --> 00:08:33,880
Speaker 1: an expiration date, that people are going to like these

160
00:08:33,920 --> 00:08:36,760
Speaker 1: programs and it's going to be hard then to roll

161
00:08:36,800 --> 00:08:39,160
Speaker 1: them back when they come up and have to be renewed.

162
00:08:40,559 --> 00:08:43,040
Speaker 1: There is precedent for that. I mean, you do see

163
00:08:43,440 --> 00:08:46,360
Speaker 1: with the Affordable Care Act, for example, even though it

164
00:08:46,440 --> 00:08:49,320
Speaker 1: wasn't that popular and even though Republicans ran election after

165
00:08:49,360 --> 00:08:53,080
Speaker 1: election on repealing it, ultimately, once people had these protections

166
00:08:53,080 --> 00:08:57,080
Speaker 1: in place, it was hard for Republicans to roll back.

167
00:08:57,559 --> 00:09:01,560
Speaker 1: So that's another example where Okay, so we don't fully

168
00:09:01,600 --> 00:09:04,839
Speaker 1: fund these things indefinitely. We just give them a two,

169
00:09:05,080 --> 00:09:08,680
Speaker 1: four or five year timeframe. That cuts down on the cost,

170
00:09:09,120 --> 00:09:11,479
Speaker 1: but we can get a lot more of these programs

171
00:09:11,559 --> 00:09:13,679
Speaker 1: in the other thing that you would put into that

172
00:09:13,720 --> 00:09:16,160
Speaker 1: bucket is things like means testing, which I am dramatically

173
00:09:16,200 --> 00:09:19,040
Speaker 1: opposed to because I think it just undercuts both the

174
00:09:19,080 --> 00:09:24,800
Speaker 1: efficacy and the political favorability of all of these programs.

175
00:09:24,800 --> 00:09:27,480
Speaker 1: So option one, you do only a few of these things,

176
00:09:27,480 --> 00:09:29,960
Speaker 1: but you fully fund them. Option two, you use some

177
00:09:30,000 --> 00:09:31,400
Speaker 1: of these I don't want to call them gimmicks, but

178
00:09:31,520 --> 00:09:33,760
Speaker 1: use some of these methods to cut back on the cost,

179
00:09:33,840 --> 00:09:36,160
Speaker 1: cut back on the length of time, so that you

180
00:09:36,200 --> 00:09:38,480
Speaker 1: can do a lot of the programs, but they're not

181
00:09:38,640 --> 00:09:41,640
Speaker 1: ultimately fully funded and they're not permanently put in place.

182
00:09:42,080 --> 00:09:44,480
Speaker 1: So those are the choices that you're talking about. Now.

183
00:09:44,480 --> 00:09:48,719
Speaker 1: The next question is what is progressives hardline going to

184
00:09:48,800 --> 00:09:51,240
Speaker 1: be on how much are they willing to cut back,

185
00:09:51,559 --> 00:09:55,600
Speaker 1: because Burning has been saying all along with justification, three

186
00:09:55,600 --> 00:09:59,160
Speaker 1: and a half was already the compromise position. Biden ran

187
00:09:59,200 --> 00:10:01,840
Speaker 1: on six trillion, Bernie ran on more like ten trillion,

188
00:10:02,080 --> 00:10:04,800
Speaker 1: so three and a half was already a gigantic haircut

189
00:10:04,840 --> 00:10:08,840
Speaker 1: from what probably needed to be done. Primila Giapol is

190
00:10:08,880 --> 00:10:11,600
Speaker 1: out saying, with regards to mansions one and a half trillion,

191
00:10:11,679 --> 00:10:13,320
Speaker 1: I think we have a tear sheet up here. And

192
00:10:13,360 --> 00:10:16,240
Speaker 1: she's been you know, she's the chair of the Progressive Caucus,

193
00:10:16,240 --> 00:10:18,320
Speaker 1: so she's been a formidable player in all of this.

194
00:10:18,960 --> 00:10:21,040
Speaker 1: She says about the one and a half trillion price tag,

195
00:10:21,160 --> 00:10:23,360
Speaker 1: that is not going to happen, so it's going to

196
00:10:23,400 --> 00:10:26,480
Speaker 1: have to be north of one point five trillion. We

197
00:10:26,559 --> 00:10:30,520
Speaker 1: also heard from Senator Sanders yesterday on the Sunday Shows

198
00:10:30,679 --> 00:10:34,000
Speaker 1: about what an acceptable price tag might look like. He

199
00:10:34,200 --> 00:10:36,600
Speaker 1: is backing off of He had been very firm. It's

200
00:10:36,640 --> 00:10:38,679
Speaker 1: three and a half trillion, that's it. That's the number.

201
00:10:38,760 --> 00:10:40,920
Speaker 1: So he's backing off of that. Let's take a listen

202
00:10:40,960 --> 00:10:43,560
Speaker 1: to what he had to say about about where the

203
00:10:43,600 --> 00:10:46,319
Speaker 1: president is on this. As I understand that he has

204
00:10:46,360 --> 00:10:50,000
Speaker 1: now floated a two trillion dollar top line number on

205
00:10:50,080 --> 00:10:53,480
Speaker 1: this broader bill. You are at three point five. I

206
00:10:53,520 --> 00:10:56,160
Speaker 1: remember you writ initially wanted closer to six trillion dollars.

207
00:10:56,200 --> 00:10:58,880
Speaker 1: Are you comfortable with the idea of cutting this down

208
00:10:59,200 --> 00:11:02,080
Speaker 1: to about two trillillion dollars now, I'm well, first of all,

209
00:11:02,280 --> 00:11:04,200
Speaker 1: I'm not sure that that's accurate. As you know, there's

210
00:11:04,200 --> 00:11:07,400
Speaker 1: a lot of gossip that goes on. What the President

211
00:11:07,520 --> 00:11:09,760
Speaker 1: has said is that there's going to have to be

212
00:11:09,840 --> 00:11:11,640
Speaker 1: some give and take, and I think that that's right.

213
00:11:12,240 --> 00:11:15,400
Speaker 1: I think, if anything, Jonathan, when we especially talk about

214
00:11:15,400 --> 00:11:18,600
Speaker 1: the crisis of climate change and the need to transform

215
00:11:18,640 --> 00:11:22,120
Speaker 1: our energy system away from fossil fuel, the six trillion

216
00:11:22,160 --> 00:11:25,880
Speaker 1: dollars that I originally proposed was probably too little. Three

217
00:11:25,880 --> 00:11:28,440
Speaker 1: and a half trillion should be a minimum. But I

218
00:11:28,559 --> 00:11:31,360
Speaker 1: accept that there's going to have to be give and take.

219
00:11:32,080 --> 00:11:34,760
Speaker 1: But at the end of the day, the real okay, okay,

220
00:11:34,800 --> 00:11:37,760
Speaker 1: so the give and take, but not two trillion dollars.

221
00:11:37,760 --> 00:11:41,280
Speaker 1: That's not enough because because the President also said a

222
00:11:41,320 --> 00:11:45,520
Speaker 1: smaller investment could create historic achievements. But two trillion dollars

223
00:11:45,720 --> 00:11:48,840
Speaker 1: is not enough. What we are but the President is saying,

224
00:11:49,160 --> 00:11:52,240
Speaker 1: is that what we are trying to do is for

225
00:11:52,320 --> 00:11:55,160
Speaker 1: the working families of this country, for the children, for

226
00:11:55,200 --> 00:11:58,240
Speaker 1: the elderly. We're trying to pass the most consequential piece

227
00:11:58,280 --> 00:12:02,240
Speaker 1: of legislation since the Great Depression. And he's right, you know,

228
00:12:02,320 --> 00:12:05,160
Speaker 1: So the bottom line is we have got to pass it.

229
00:12:05,160 --> 00:12:08,560
Speaker 1: We've got to pass the infrastructure built, and the American

230
00:12:08,600 --> 00:12:10,600
Speaker 1: people are going to have to stand up. You know what, Bob,

231
00:12:10,679 --> 00:12:13,280
Speaker 1: this would be about this whole thing. Poll after poll

232
00:12:13,360 --> 00:12:16,439
Speaker 1: shows what we are doing is exactly what the American

233
00:12:16,480 --> 00:12:18,760
Speaker 1: people want. It's not what the big money interest wants,

234
00:12:18,920 --> 00:12:21,680
Speaker 1: not what the lobbyist wants, It's what the American people want.

235
00:12:21,760 --> 00:12:24,440
Speaker 1: Have we got to do it? So this this sets

236
00:12:24,480 --> 00:12:27,160
Speaker 1: up the next big fight one and a half trillion

237
00:12:28,120 --> 00:12:30,079
Speaker 1: Permilegeia Ball and I think you can kind of read

238
00:12:30,080 --> 00:12:33,120
Speaker 1: between the lines where with Bernie Sanders too low, you're

239
00:12:33,160 --> 00:12:34,880
Speaker 1: not going to be able to get enough packed into

240
00:12:34,920 --> 00:12:37,360
Speaker 1: that to make it worthwhile. And I think Progresses might

241
00:12:37,360 --> 00:12:39,920
Speaker 1: actually hold strong and vote against that. You start getting

242
00:12:39,960 --> 00:12:42,160
Speaker 1: up to two trillion, and it starts to really depend

243
00:12:42,200 --> 00:12:44,480
Speaker 1: on the details. What are they doing in terms of

244
00:12:44,480 --> 00:12:46,760
Speaker 1: means testing, what gets left in, what gets left out,

245
00:12:46,760 --> 00:12:49,280
Speaker 1: what does the timeframe look like all of that. So,

246
00:12:49,520 --> 00:12:51,920
Speaker 1: I think in terms of negotiations, and this is what

247
00:12:51,960 --> 00:12:54,120
Speaker 1: Biden said, he kind of floated this two trillion dollar

248
00:12:54,160 --> 00:12:57,280
Speaker 1: in number. I think that's the ballpark that you're ultimately

249
00:12:57,280 --> 00:13:01,000
Speaker 1: going to be in. And now all of the ticking

250
00:13:01,840 --> 00:13:04,040
Speaker 1: clock of the infrastructure vote that was supposed to happen

251
00:13:04,120 --> 00:13:07,000
Speaker 1: last week, all of that is gone. One other side note,

252
00:13:07,240 --> 00:13:09,880
Speaker 1: it looks like with the debt ceiling, the parliamentarian rule

253
00:13:09,960 --> 00:13:12,640
Speaker 1: that they can lift the debt ceiling without having to

254
00:13:12,679 --> 00:13:15,559
Speaker 1: attach it to the other budget piece that that they've

255
00:13:15,600 --> 00:13:17,480
Speaker 1: already passed through. They can do it on a separate track.

256
00:13:17,800 --> 00:13:20,400
Speaker 1: That will probably be ultimately what they do, even though

257
00:13:20,400 --> 00:13:22,000
Speaker 1: they don't want to do that because then they have

258
00:13:22,040 --> 00:13:24,160
Speaker 1: to put a specific number on it. But that's probably

259
00:13:24,240 --> 00:13:25,800
Speaker 1: the direction that they're going to go on, even though

260
00:13:25,840 --> 00:13:27,520
Speaker 1: they should just mint the coin. As it said, there

261
00:13:27,600 --> 00:13:29,560
Speaker 1: we go first of all, obviously mint the coin. I

262
00:13:29,600 --> 00:13:33,840
Speaker 1: do think increasingly this continues to trend in Obamacare direction.

263
00:13:34,040 --> 00:13:36,600
Speaker 1: And while yes, something is going to get passed, even

264
00:13:36,640 --> 00:13:39,360
Speaker 1: the way that they talk about it, to one point five,

265
00:13:39,440 --> 00:13:41,520
Speaker 1: I mean, Sanders is the only one of the politicians

266
00:13:41,559 --> 00:13:44,320
Speaker 1: I've even spoken to I've even seen speak to. Here's

267
00:13:44,320 --> 00:13:47,000
Speaker 1: what's actually in this thing? Yes, talking about it consequentially

268
00:13:47,360 --> 00:13:49,520
Speaker 1: minds it all just seems like funny money. And it's

269
00:13:49,559 --> 00:13:51,560
Speaker 1: like most people, it's not even that the people are

270
00:13:51,559 --> 00:13:53,120
Speaker 1: opposed to spending money, they just want to know what

271
00:13:53,160 --> 00:13:56,120
Speaker 1: you're spending money on. Right, The signaling on this has

272
00:13:56,160 --> 00:13:58,719
Speaker 1: been a disaster from the White House. They're just like, oh,

273
00:13:58,800 --> 00:14:02,040
Speaker 1: two point trillion one, nobody knows what's in the goddamn bill.

274
00:14:02,120 --> 00:14:04,520
Speaker 1: That's such a great it's it's such a great point.

275
00:14:05,240 --> 00:14:08,559
Speaker 1: And it really by talking about the dollar amount, you'll

276
00:14:08,600 --> 00:14:11,000
Speaker 1: really play into the hands of the mansions and cinemas

277
00:14:11,040 --> 00:14:13,520
Speaker 1: of the world, because we keep coming back to this

278
00:14:13,880 --> 00:14:17,319
Speaker 1: when that was an excellent lobbyist who was talking about, listen,

279
00:14:17,360 --> 00:14:19,880
Speaker 1: we're not going to go after the individual programs because

280
00:14:19,880 --> 00:14:22,280
Speaker 1: they're popular. We're going to talk about, oh, the pay

281
00:14:22,400 --> 00:14:25,200
Speaker 1: for so, Oh the dollar amount it's too much. So

282
00:14:25,240 --> 00:14:29,240
Speaker 1: when you're just fixated on these numbers that sound really big, well,

283
00:14:29,240 --> 00:14:31,680
Speaker 1: then you're playing into the hands of these you know,

284
00:14:31,840 --> 00:14:34,600
Speaker 1: fake deficit hawks who are really just carrying the water

285
00:14:34,640 --> 00:14:37,960
Speaker 1: of corporate America. Rather than when you talk about these programs.

286
00:14:38,040 --> 00:14:40,400
Speaker 1: When you talk about, hey, maybe every kid should be

287
00:14:40,400 --> 00:14:43,160
Speaker 1: able to go to pre k, Hey maybe debate which

288
00:14:43,200 --> 00:14:46,560
Speaker 1: have free community college? These things are really really paid leave.

289
00:14:46,640 --> 00:14:52,040
Speaker 1: I mean all of these provisions are extremely popular. Negotiating Medicare,

290
00:14:52,080 --> 00:14:56,120
Speaker 1: prescription drug prices eighty percent support. So they don't want

291
00:14:56,160 --> 00:14:59,400
Speaker 1: to have that conversation. And you're right, Senator Sanders is

292
00:14:59,440 --> 00:15:03,360
Speaker 1: the most of effective at continuing to turn back to Okay, well,

293
00:15:03,360 --> 00:15:05,240
Speaker 1: what are we actually talking about here? What is this

294
00:15:05,280 --> 00:15:07,920
Speaker 1: actually going to do for people? What are the programs involved?

295
00:15:08,280 --> 00:15:10,280
Speaker 1: Rather than getting fixated on oh, is it three and

296
00:15:10,320 --> 00:15:12,000
Speaker 1: a half? Is it two and a half? Is it two?

297
00:15:12,560 --> 00:15:14,440
Speaker 1: The actual details and what they're going to do for

298
00:15:14,480 --> 00:15:17,200
Speaker 1: people's lives, that's the real ballgame, and that's where the

299
00:15:17,200 --> 00:15:21,360
Speaker 1: conversation should actually be. Biden, though, I don't think he

300
00:15:21,480 --> 00:15:23,680
Speaker 1: really cares that much about these details. I think he

301
00:15:23,800 --> 00:15:27,160
Speaker 1: cares about having a win. I think he cares about

302
00:15:27,200 --> 00:15:30,040
Speaker 1: a legacy. I think Pelosi it's the same deal. This

303
00:15:30,080 --> 00:15:32,960
Speaker 1: is kind of her last final big act as speaker

304
00:15:33,080 --> 00:15:36,520
Speaker 1: most likely, and so she wants to have a w

305
00:15:36,680 --> 00:15:38,880
Speaker 1: in the column, but then don't actually give a shit

306
00:15:38,920 --> 00:15:41,120
Speaker 1: about like what it really They don't care. What's the

307
00:15:41,160 --> 00:15:44,280
Speaker 1: problem that was Obama. Obama just wanted a bill and

308
00:15:44,320 --> 00:15:46,480
Speaker 1: it ended up being a morassed and then hung around

309
00:15:46,520 --> 00:15:50,000
Speaker 1: and it drove our politics for ten years. And unfortunately

310
00:15:50,080 --> 00:15:52,800
Speaker 1: I see a very very similar future. Yeah, those failures

311
00:15:52,800 --> 00:15:56,000
Speaker 1: on Obamacare. I mean, obviously we still, like working class

312
00:15:56,000 --> 00:15:58,840
Speaker 1: people still live with the consequences of what that should

313
00:15:58,840 --> 00:16:00,960
Speaker 1: have been and what it all tis ended up being.

314
00:16:01,080 --> 00:16:04,800
Speaker 1: That's right, another incredibly revealing moment related to this. So,

315
00:16:04,840 --> 00:16:07,280
Speaker 1: of course we've been trying to cover, and the folks

316
00:16:07,280 --> 00:16:11,560
Speaker 1: at the Daily Poster, the Intercept, American Prospect have been

317
00:16:11,600 --> 00:16:15,160
Speaker 1: trying to cover the way that money is driving this

318
00:16:15,400 --> 00:16:19,680
Speaker 1: entire conversation. One of the worst actors in all of

319
00:16:19,720 --> 00:16:23,160
Speaker 1: this has been former Senator Heidi Hike Camp. She was

320
00:16:23,240 --> 00:16:27,160
Speaker 1: Senator from North Dakota, right, Yeah, and she's now being

321
00:16:27,160 --> 00:16:29,040
Speaker 1: paid by a bunch of lobbyists to make sure that

322
00:16:29,120 --> 00:16:32,400
Speaker 1: rich people don't pay more taxes. Specifically, and I did

323
00:16:32,400 --> 00:16:35,160
Speaker 1: a whole monologue on the It sounds complicated, but it's

324
00:16:35,160 --> 00:16:39,040
Speaker 1: really not. The step up basis that allows rich people

325
00:16:39,040 --> 00:16:42,960
Speaker 1: to essentially avoid ever paying taxes on their capital gains.

326
00:16:43,160 --> 00:16:45,320
Speaker 1: They avoid it while they're alive. They pass it on

327
00:16:45,400 --> 00:16:47,880
Speaker 1: to their airs. Their errors are able to change the

328
00:16:48,200 --> 00:16:51,640
Speaker 1: sort of base taxation basis. So this whatever those assets

329
00:16:51,640 --> 00:16:54,160
Speaker 1: gained during the life of the person never gets taxed.

330
00:16:54,440 --> 00:16:57,000
Speaker 1: So she is a lobbyist to protect rich people. That

331
00:16:57,080 --> 00:16:59,040
Speaker 1: is her job. That's what she's paid to do. Public

332
00:16:59,080 --> 00:17:01,400
Speaker 1: record too, Yeah, it's not like a secret. This is

333
00:17:01,400 --> 00:17:04,280
Speaker 1: in the public record, and she's been very influential. That

334
00:17:04,320 --> 00:17:07,840
Speaker 1: provision is now gone. They're not going to tax these

335
00:17:07,960 --> 00:17:10,960
Speaker 1: vast fortunes. They're not even trying really to go after

336
00:17:11,000 --> 00:17:13,200
Speaker 1: that and to do that. So she's won in a sense.

337
00:17:13,680 --> 00:17:17,320
Speaker 1: So she was brought on CNN along with Fashikira, who

338
00:17:17,320 --> 00:17:20,840
Speaker 1: we just mentioned a moment ago, who is Bernie's former

339
00:17:20,880 --> 00:17:26,000
Speaker 1: campaign manager, and faz actually calls her out for being

340
00:17:26,080 --> 00:17:30,240
Speaker 1: paid to make this entire process worse and to protect

341
00:17:30,320 --> 00:17:34,960
Speaker 1: rich people. Just watch how the CNN host rushes in

342
00:17:35,440 --> 00:17:38,800
Speaker 1: to protect Heidi hike Camp from any smirching of her

343
00:17:38,840 --> 00:17:42,480
Speaker 1: pristine record. Let's take a listen, and this is the problem, right,

344
00:17:42,520 --> 00:17:46,359
Speaker 1: you are having a back room, closed deal conversation that

345
00:17:46,560 --> 00:17:49,400
Speaker 1: isn't transparent, that isn't public. So I'm all for Hey,

346
00:17:49,440 --> 00:17:52,119
Speaker 1: senators have different positions, Great, let's have it out. But

347
00:17:52,200 --> 00:17:55,160
Speaker 1: what I'm concerned about is the influence of corporate lobbyists.

348
00:17:55,160 --> 00:17:57,520
Speaker 1: I'm influenced. I'm concerned about the influence of Center High

349
00:17:57,560 --> 00:18:00,399
Speaker 1: Camp and her group. Right if the problem here is

350
00:18:00,440 --> 00:18:04,320
Speaker 1: that we're talking about popular policies that people want, and

351
00:18:04,400 --> 00:18:07,280
Speaker 1: they are good with taxation of the wealthy to make

352
00:18:07,320 --> 00:18:09,960
Speaker 1: them pay their fair share, and we are talking about

353
00:18:10,000 --> 00:18:11,720
Speaker 1: issues that if you go to West Virginia, you go

354
00:18:11,760 --> 00:18:13,880
Speaker 1: to Montana, you go to North Dakota, you talk about

355
00:18:13,920 --> 00:18:16,199
Speaker 1: these issues, people are on our side. So we're not

356
00:18:16,240 --> 00:18:18,080
Speaker 1: fighting over oh hey, we're asking you if you take

357
00:18:18,119 --> 00:18:19,879
Speaker 1: a tough vote, We're asking you to to deliver for the

358
00:18:19,920 --> 00:18:22,199
Speaker 1: American public on the pledges that you made. And it

359
00:18:22,280 --> 00:18:25,200
Speaker 1: is the influence in corporate lobbyists that are cutting this

360
00:18:25,359 --> 00:18:27,920
Speaker 1: proposal down, that are cutting the president. Well, let's make

361
00:18:27,960 --> 00:18:31,359
Speaker 1: all there. Let's make clear no one has questioning send

362
00:18:31,400 --> 00:18:35,280
Speaker 1: the senator Hidekamp's transparency here. I mean, we are just

363
00:18:35,320 --> 00:18:38,520
Speaker 1: being transparent going forward. So he is not what's on

364
00:18:38,560 --> 00:18:41,720
Speaker 1: the line here questioning the substance of what she is

365
00:18:41,920 --> 00:18:44,040
Speaker 1: arguing about. IM I have no problem. Well, you know,

366
00:18:44,320 --> 00:18:46,840
Speaker 1: I'm taking in good faith that she believes in what

367
00:18:46,880 --> 00:18:50,120
Speaker 1: she is saying, and obviously she's being funded to say it. However,

368
00:18:50,560 --> 00:18:53,440
Speaker 1: the results of what she's trying to do is advocate

369
00:18:53,760 --> 00:18:56,879
Speaker 1: for cutting down on corporate taxation. We have a problem

370
00:18:56,880 --> 00:19:00,560
Speaker 1: with dynastic autunt We've got it. I've got to wrap

371
00:19:00,600 --> 00:19:02,280
Speaker 1: this up. But I will say that, let's not forget

372
00:19:02,320 --> 00:19:09,840
Speaker 1: you this, Let's not let's let's not forget this corporate taxation.

373
00:19:10,080 --> 00:19:14,240
Speaker 1: This isn't about corporate taxation. This is about individuals being

374
00:19:14,359 --> 00:19:19,440
Speaker 1: taxed based on the transition or the transaction that their

375
00:19:19,480 --> 00:19:23,440
Speaker 1: assets would go through. And I want to mention billionaire.

376
00:19:24,600 --> 00:19:26,280
Speaker 1: I don't want to. I don't want to get inside

377
00:19:26,320 --> 00:19:28,800
Speaker 1: baseball guys here, because we are we are running out

378
00:19:28,800 --> 00:19:30,359
Speaker 1: of time and we have to move on to the

379
00:19:30,400 --> 00:19:32,720
Speaker 1: next topic. Obviously things are coming down to the wire

380
00:19:32,880 --> 00:19:35,480
Speaker 1: and in Washington right now, I can just say that.

381
00:19:35,760 --> 00:19:38,200
Speaker 1: Let's also remind our viewers that Senator high Camp lost

382
00:19:38,240 --> 00:19:40,960
Speaker 1: her seat in the Senate for promoting her conscience too,

383
00:19:41,040 --> 00:19:44,159
Speaker 1: so I don't want to forget history as well. So

384
00:19:44,840 --> 00:19:47,560
Speaker 1: just to set the record, she voted on vote her

385
00:19:47,560 --> 00:19:49,960
Speaker 1: conscience and she lost her job for it. What little

386
00:19:50,000 --> 00:19:54,200
Speaker 1: side note here that anchor is married to the Democratic establishment.

387
00:19:54,200 --> 00:19:57,800
Speaker 1: Peter Orzag who is the budget director under Obama, is

388
00:19:57,840 --> 00:20:00,400
Speaker 1: now like a big finance Wall Street dude. I mean,

389
00:20:00,680 --> 00:20:03,280
Speaker 1: so pretty interesting to watch. But I mean there's a

390
00:20:03,280 --> 00:20:06,960
Speaker 1: lot of layers here, because first of all, the idea

391
00:20:06,960 --> 00:20:09,760
Speaker 1: that you can have Heidi hike Camp on and not

392
00:20:09,840 --> 00:20:14,080
Speaker 1: make the entire subjects of the conversation about her nefarious influence, well,

393
00:20:14,119 --> 00:20:16,239
Speaker 1: they have to disclosed. They should disclose that she is

394
00:20:16,359 --> 00:20:19,600
Speaker 1: effectively lobbying for the uber wealthy. I mean, that is

395
00:20:19,680 --> 00:20:23,480
Speaker 1: again a matter of public record. She is on their payroll.

396
00:20:23,520 --> 00:20:26,440
Speaker 1: And I love how she tries to disguise that taxes

397
00:20:26,480 --> 00:20:28,280
Speaker 1: because we actually have a tear sheet of this. Let's

398
00:20:28,280 --> 00:20:30,680
Speaker 1: put this up there on the screen from New York Magazine.

399
00:20:31,080 --> 00:20:34,520
Speaker 1: Heidi high Camp is working specifically on behalf of the

400
00:20:34,520 --> 00:20:38,000
Speaker 1: wealthiest families in America in order to protect something. While

401
00:20:38,000 --> 00:20:40,680
Speaker 1: you were talking about the stepped up basis and what

402
00:20:40,720 --> 00:20:44,280
Speaker 1: that is is it allows capital gains to escape any

403
00:20:44,400 --> 00:20:47,480
Speaker 1: tax at all as long as owners pass an asset

404
00:20:47,600 --> 00:20:51,080
Speaker 1: onto their airs before they sell it. Now, look, I

405
00:20:51,119 --> 00:20:53,600
Speaker 1: know it's kind of complicated in terms of capital gains

406
00:20:53,640 --> 00:20:56,439
Speaker 1: and all of that, and maybe you're philosophically opposed, but

407
00:20:56,840 --> 00:20:59,760
Speaker 1: put it in perspective the way that Heidi hank high

408
00:20:59,760 --> 00:21:03,600
Speaker 1: Camp has told this story before on TV. She says,

409
00:21:03,840 --> 00:21:05,800
Speaker 1: the truck driver, Let's say a truck driver Sam, who

410
00:21:05,840 --> 00:21:08,040
Speaker 1: makes one hundred thousand dollars a year, all of a sudden,

411
00:21:08,040 --> 00:21:10,480
Speaker 1: now he has a tax he oson inheriting property, talking

412
00:21:10,520 --> 00:21:13,480
Speaker 1: about how a family owned cabin would be passed on.

413
00:21:13,960 --> 00:21:18,120
Speaker 1: Oh yeah, except in the law it says that there's

414
00:21:18,160 --> 00:21:22,639
Speaker 1: an exemption up to a million dollars and allows chairs

415
00:21:22,720 --> 00:21:25,720
Speaker 1: to five million dollars exactly, So family owned cabin would

416
00:21:25,760 --> 00:21:28,360
Speaker 1: have to be worth like ten million dollars, in which

417
00:21:28,400 --> 00:21:30,520
Speaker 1: case I think Sam's going to be okay, yeah, right, right.

418
00:21:30,560 --> 00:21:33,720
Speaker 1: So if Sam has a ten million dollar cabin and

419
00:21:33,760 --> 00:21:36,800
Speaker 1: then has to pay a fifteen percent capital gains tax

420
00:21:36,840 --> 00:21:39,960
Speaker 1: on that, yeah, well, you know, I think Sam's doing

421
00:21:40,000 --> 00:21:43,520
Speaker 1: all right. It's probably his ninth cabin in Maine. Or

422
00:21:43,560 --> 00:21:47,240
Speaker 1: get on you for a family truck driver. Congratulations Lottery

423
00:21:47,320 --> 00:21:51,000
Speaker 1: and your family. God bless it's America. But really what

424
00:21:51,080 --> 00:21:54,280
Speaker 1: it is is that it shows the nakedness through which

425
00:21:54,440 --> 00:21:59,119
Speaker 1: her lobbying efforts are both co opting like regular working

426
00:21:59,119 --> 00:22:02,280
Speaker 1: class language and be that she is allowed on their

427
00:22:02,320 --> 00:22:06,840
Speaker 1: network in order to propagandize against it, and then the discomfort.

428
00:22:07,040 --> 00:22:09,320
Speaker 1: And this is something we talked to Siota about last

429
00:22:09,359 --> 00:22:12,679
Speaker 1: week too, like, if you aren't telling the story of

430
00:22:12,720 --> 00:22:15,600
Speaker 1: how money is driving and shaping this thing, you are

431
00:22:15,640 --> 00:22:19,560
Speaker 1: missing the entire thing. And when Faz in a really honestly,

432
00:22:19,640 --> 00:22:25,000
Speaker 1: pretty gentle way, it was pretty yeah, tries to go there. Oh,

433
00:22:25,080 --> 00:22:27,879
Speaker 1: she gets so uncomfortable and flois her I gotta jump in.

434
00:22:27,920 --> 00:22:30,400
Speaker 1: I gotta set the record straight. I gotta make sure

435
00:22:30,400 --> 00:22:35,600
Speaker 1: that Heidi Hikamp's reputation isn't besmirched. Pretty incredible. How even

436
00:22:35,640 --> 00:22:40,320
Speaker 1: the mention of the interests that are spending lots of

437
00:22:40,520 --> 00:22:43,800
Speaker 1: money to shape this thing and make sure that rich

438
00:22:43,840 --> 00:22:46,159
Speaker 1: people don't pay any more in taxes. It's going to

439
00:22:46,160 --> 00:22:48,399
Speaker 1: relate by the way the Pandora paper segment we're going

440
00:22:48,440 --> 00:22:51,480
Speaker 1: to do, how we can't talk about that at all.

441
00:22:51,560 --> 00:22:55,320
Speaker 1: To do so it's uncomfortable, it's icky, it's mean, it's nasty,

442
00:22:55,440 --> 00:22:58,679
Speaker 1: all of that. But it's fine to actually do that.

443
00:22:58,720 --> 00:23:00,800
Speaker 1: It's fine to carry water for that. It's fine to

444
00:23:00,800 --> 00:23:03,440
Speaker 1: strip this bill down so that people don't get ultimately

445
00:23:03,480 --> 00:23:06,040
Speaker 1: what they need. That's all fine to do. No problem there,

446
00:23:06,080 --> 00:23:10,000
Speaker 1: that's not itchy or uncomfortable. It's uncomfortable to say anything

447
00:23:10,040 --> 00:23:13,000
Speaker 1: about the fact that there is money behind the scenes

448
00:23:13,119 --> 00:23:17,240
Speaker 1: driving all of this, and these networks happy to bring

449
00:23:17,520 --> 00:23:21,600
Speaker 1: those paid lobbyists who have an agenda, who, as Fast

450
00:23:21,640 --> 00:23:24,760
Speaker 1: points out, is being paid to say these things, happy

451
00:23:24,800 --> 00:23:28,160
Speaker 1: to bring them on and pretend like they're somehow neutral arbiters,

452
00:23:28,160 --> 00:23:31,080
Speaker 1: that they're just speaking for moderates in America, when the

453
00:23:31,119 --> 00:23:34,879
Speaker 1: truth could not be further from what they are presenting,

454
00:23:35,000 --> 00:23:37,280
Speaker 1: as you know, as what's popular here, right. And one

455
00:23:37,280 --> 00:23:39,480
Speaker 1: of the best things is that the prospect is actually

456
00:23:39,480 --> 00:23:42,240
Speaker 1: pointed out that Heidi hike Camp when she was a senator,

457
00:23:42,359 --> 00:23:45,880
Speaker 1: actually advanced this exact type of tax that she's now

458
00:23:46,080 --> 00:23:50,000
Speaker 1: lobbying against. And now she is the person who heads

459
00:23:50,040 --> 00:23:54,000
Speaker 1: a five oh one c four nonprofit called Save America's

460
00:23:54,119 --> 00:23:57,720
Speaker 1: Family Enterprise, Oh My Good, which is a dark money

461
00:23:57,720 --> 00:24:01,280
Speaker 1: operation which does not have to disclose its donors, which

462
00:24:01,320 --> 00:24:04,320
Speaker 1: has now committed over a six figure ad by in

463
00:24:04,440 --> 00:24:08,520
Speaker 1: order to oppose the exact inheritance Capital Pacaine's step up

464
00:24:08,560 --> 00:24:12,000
Speaker 1: basis tax that we are talking about here. So what's

465
00:24:12,040 --> 00:24:13,840
Speaker 1: going on. She was for it when she was in

466
00:24:13,880 --> 00:24:16,520
Speaker 1: the Senate, then she left. Now she's getting paid money.

467
00:24:16,600 --> 00:24:20,840
Speaker 1: Now she's part of the Save America Family Enterprises organization,

468
00:24:21,119 --> 00:24:24,400
Speaker 1: and now she's against it and leveraging her power as

469
00:24:24,400 --> 00:24:27,040
Speaker 1: a former United States Senator in order to go out

470
00:24:27,080 --> 00:24:30,400
Speaker 1: there in the media and lobby. Then when faz actually

471
00:24:30,440 --> 00:24:33,720
Speaker 1: calls her out on the network, something that CNN itself

472
00:24:33,760 --> 00:24:38,200
Speaker 1: should be doing as a journalist, CNN protects the lobbyist,

473
00:24:38,840 --> 00:24:42,760
Speaker 1: the lobbyist, the former senator. They're supposed to be doing

474
00:24:43,040 --> 00:24:46,960
Speaker 1: stories like this, saying, Senator, why are you advocating for

475
00:24:47,040 --> 00:24:50,320
Speaker 1: a policy which are against a policy which you pushed

476
00:24:50,480 --> 00:24:52,359
Speaker 1: while you were in the United States Senate? Does it

477
00:24:52,480 --> 00:24:55,119
Speaker 1: have anything to do with your connection to this organization

478
00:24:55,480 --> 00:24:58,679
Speaker 1: and the money that you're making from it? Oh? Crazy question.

479
00:24:58,880 --> 00:25:02,320
Speaker 1: Imagine if she he was asked that instead this woman,

480
00:25:02,680 --> 00:25:06,000
Speaker 1: let's not forget who are you her press secretary? Yeah? No,

481
00:25:06,119 --> 00:25:08,760
Speaker 1: Apparently she took a vote of conscience and she lost

482
00:25:08,760 --> 00:25:10,800
Speaker 1: your seat for it. And here's the other thing. It's like,

483
00:25:10,840 --> 00:25:13,479
Speaker 1: I don't actually really care what Heidihid Camp's intentions are.

484
00:25:13,600 --> 00:25:17,760
Speaker 1: Maybe she really genuinely ideologically believes that Sam the truck

485
00:25:17,840 --> 00:25:20,359
Speaker 1: driver when he inherits a ten million dollar cabin, Like

486
00:25:20,400 --> 00:25:24,280
Speaker 1: maybe she genuinely has an ideological commitment to protecting rich

487
00:25:24,280 --> 00:25:26,480
Speaker 1: people and making sure that they don't pay a penny

488
00:25:26,480 --> 00:25:29,399
Speaker 1: more in taxes. I don't care. What I care about

489
00:25:29,520 --> 00:25:32,160
Speaker 1: is that money is funding her to shape this bill

490
00:25:32,280 --> 00:25:34,840
Speaker 1: in a way that makes it worse for absolutely everyone.

491
00:25:34,920 --> 00:25:37,919
Speaker 1: And I also care a lot that CNN, your point

492
00:25:37,960 --> 00:25:41,760
Speaker 1: is so well taken that it shouldn't fault Faz to

493
00:25:41,840 --> 00:25:44,840
Speaker 1: have to gently signific guest. Yeah, that maybe because you're

494
00:25:44,880 --> 00:25:48,359
Speaker 1: being paid to say these things that's relevant to this conversation, Like,

495
00:25:48,480 --> 00:25:50,720
Speaker 1: good on him for doing it. I'm led to a

496
00:25:50,840 --> 00:25:53,560
Speaker 1: very revealing exchange. It should be the job of the

497
00:25:53,640 --> 00:25:58,600
Speaker 1: CNN quote unquote journalist to expose the money that is

498
00:25:58,640 --> 00:26:01,960
Speaker 1: funding and shaping these things behind the scenes, but that

499
00:26:02,080 --> 00:26:04,440
Speaker 1: is left out of the conversation entirely. Can't even bring

500
00:26:04,440 --> 00:26:07,920
Speaker 1: it up. It's up, it's achy, it's yucky, It breaches decorum,

501
00:26:07,920 --> 00:26:11,080
Speaker 1: and that's ultimately like they have this obsession with decorum

502
00:26:11,080 --> 00:26:14,960
Speaker 1: and bipartisanship in a way that only ever protects the

503
00:26:15,000 --> 00:26:18,399
Speaker 1: status quo, only ever protects the elite class, which you

504
00:26:18,400 --> 00:26:21,320
Speaker 1: can see this anchor herself is clearly a part of it. Now,

505
00:26:21,440 --> 00:26:24,280
Speaker 1: that is literally correct, Hey, So remember how we told

506
00:26:24,320 --> 00:26:27,280
Speaker 1: you how awesome premium membership was. Well, here we are

507
00:26:27,320 --> 00:26:30,080
Speaker 1: again to remind you that becoming a premium member means

508
00:26:30,119 --> 00:26:32,720
Speaker 1: you don't have to listen to our constant please for

509
00:26:32,800 --> 00:26:35,520
Speaker 1: you to subscribe. So what are you waiting for? Become

510
00:26:35,520 --> 00:26:38,400
Speaker 1: a premium member today by going to Breakingpoints dot com,

511
00:26:38,440 --> 00:26:41,280
Speaker 1: which you can click on in the show notes. Okay,

512
00:26:41,440 --> 00:26:43,320
Speaker 1: let's get to this next one. I don't have a

513
00:26:43,359 --> 00:26:46,080
Speaker 1: fun transition for everyone. I tried to think of one

514
00:26:46,240 --> 00:26:49,600
Speaker 1: as many as I possibly could. Doctor Fauci making news,

515
00:26:49,600 --> 00:26:54,360
Speaker 1: making headlines with some very eyebrow raising comments. First of all,

516
00:26:54,480 --> 00:26:57,720
Speaker 1: strange question speaking of the media, media saying, doctor Fauci,

517
00:26:57,760 --> 00:27:03,040
Speaker 1: can people gather for Christmas? Hold on a second, it's October. Also,

518
00:27:03,240 --> 00:27:05,280
Speaker 1: we have this vaccine. You might have heard of it.

519
00:27:05,440 --> 00:27:07,480
Speaker 1: Why are we even asking this question? So she asked

520
00:27:07,480 --> 00:27:10,119
Speaker 1: the question, Tease it up for the good doctor. Here's

521
00:27:10,119 --> 00:27:12,240
Speaker 1: what he had to say. We can gather for Christmas

522
00:27:12,320 --> 00:27:16,400
Speaker 1: or it's just too soon to tell, you know, Margaret,

523
00:27:16,640 --> 00:27:18,600
Speaker 1: it's just too soon to tell. We've just got a

524
00:27:18,680 --> 00:27:23,080
Speaker 1: concentrating on continuing to get those numbers down and not

525
00:27:23,200 --> 00:27:25,879
Speaker 1: trying to jump ahead by weeks or months and say

526
00:27:26,040 --> 00:27:28,280
Speaker 1: what we're going to do at a particular time. Let's

527
00:27:28,440 --> 00:27:32,480
Speaker 1: focus like a laser on continuing to get those those

528
00:27:32,560 --> 00:27:35,800
Speaker 1: cases down, and we can do it by people getting vaccinated.

529
00:27:35,840 --> 00:27:39,800
Speaker 1: And also in the situation where boosters are appropriate, to

530
00:27:39,880 --> 00:27:42,960
Speaker 1: get people boosted, because we know that they can help

531
00:27:43,000 --> 00:27:47,960
Speaker 1: greatly in diminishing infection, in diminishing advanced disease. The kinds

532
00:27:47,960 --> 00:27:52,400
Speaker 1: of data that are now accumulating in real time, too

533
00:27:52,440 --> 00:27:55,520
Speaker 1: soon to tell, uh, last time I checked, it's not

534
00:27:55,600 --> 00:27:59,680
Speaker 1: December twenty twenties, December twenty twenty one. And you might

535
00:27:59,720 --> 00:28:03,119
Speaker 1: actually asked what was the point of getting the vaccine?

536
00:28:03,160 --> 00:28:06,239
Speaker 1: And as you point to as actually even alludes to

537
00:28:06,720 --> 00:28:09,240
Speaker 1: even if so, let's say you're worried about the elderly, Well,

538
00:28:09,280 --> 00:28:11,280
Speaker 1: they can get a booster shot if they want to,

539
00:28:11,600 --> 00:28:14,320
Speaker 1: and then they have, you know whatever, ninety something percent

540
00:28:14,600 --> 00:28:18,639
Speaker 1: protection especially already one hundred percent protection against hospitalization and

541
00:28:18,680 --> 00:28:21,320
Speaker 1: death and or sorry ninety nine point nine to nine,

542
00:28:21,800 --> 00:28:24,240
Speaker 1: and then whenever it comes to protection from actually getting it,

543
00:28:24,320 --> 00:28:26,400
Speaker 1: the booster at least, you know, seems to be working

544
00:28:26,440 --> 00:28:29,160
Speaker 1: in some cases for the elderly, and that's if you're elderly.

545
00:28:29,160 --> 00:28:31,200
Speaker 1: For everybody else, if you' vaccinated, you pretty much don't

546
00:28:31,240 --> 00:28:34,320
Speaker 1: have to worry. I just think that if you look

547
00:28:34,520 --> 00:28:39,440
Speaker 1: at this level of hysteria and this level of control

548
00:28:39,480 --> 00:28:42,920
Speaker 1: here with Fauci is pushing for, you get to a

549
00:28:42,960 --> 00:28:46,280
Speaker 1: point where COVID zero is the de facto policy of

550
00:28:46,320 --> 00:28:49,640
Speaker 1: the US and that is not possible. People, It is

551
00:28:49,720 --> 00:28:53,200
Speaker 1: an endemic disease at this point. You know, Fauci himself

552
00:28:53,280 --> 00:28:56,840
Speaker 1: actually in an interview a day before, said something similar.

553
00:28:56,920 --> 00:28:59,760
Speaker 1: They said, well, doctor Fauci, what about the idea that

554
00:28:59,800 --> 00:29:03,080
Speaker 1: cod is endemic? And he said, I simply will not

555
00:29:03,240 --> 00:29:08,400
Speaker 1: accept this idea that just getting COVID for some people

556
00:29:08,840 --> 00:29:12,840
Speaker 1: is the norm. Now, okay, his job is to be,

557
00:29:13,160 --> 00:29:16,600
Speaker 1: you know, public health disease or whatever. But his job

558
00:29:16,680 --> 00:29:19,000
Speaker 1: is to advise the president. He's not actually supposed to

559
00:29:19,000 --> 00:29:21,880
Speaker 1: be running the policy of the government. The problem, I think,

560
00:29:21,960 --> 00:29:24,520
Speaker 1: the biggest problem, in my opinion, for the Biden administration,

561
00:29:24,880 --> 00:29:27,400
Speaker 1: has been that these public health people have made COVID

562
00:29:27,480 --> 00:29:30,720
Speaker 1: zero now the de facto policy of the government. You

563
00:29:30,760 --> 00:29:34,360
Speaker 1: can't have that possible. We don't have a flu zero policy.

564
00:29:34,640 --> 00:29:37,840
Speaker 1: And yes, I know that that sounds like trumpion or whatever,

565
00:29:38,080 --> 00:29:41,760
Speaker 1: but here is the truth. With vaccines. They are much

566
00:29:41,760 --> 00:29:44,239
Speaker 1: more analogous now. It is not, you know, nuking our

567
00:29:44,280 --> 00:29:47,840
Speaker 1: elderly people and people who are obese. You have a protection.

568
00:29:48,040 --> 00:29:50,200
Speaker 1: If you don't want it, okay, you know that's on you.

569
00:29:50,320 --> 00:29:52,680
Speaker 1: And now there are public health measures in place in

570
00:29:52,760 --> 00:29:55,400
Speaker 1: order to try and incentivize that to as much as possible.

571
00:29:55,440 --> 00:29:57,840
Speaker 1: But at a certain point we just have to say,

572
00:29:58,120 --> 00:29:59,920
Speaker 1: we have the policies in place. We've pushed it a

573
00:30:00,680 --> 00:30:03,000
Speaker 1: as far as you possibly can. Everybody's got the protection

574
00:30:03,240 --> 00:30:05,120
Speaker 1: if they want to have the protection. And if you

575
00:30:05,120 --> 00:30:07,800
Speaker 1: get COVID, okay, they don't happen to me breakthrough case

576
00:30:08,160 --> 00:30:09,920
Speaker 1: sick for a couple of days. I'm not gonna lie.

577
00:30:09,920 --> 00:30:13,000
Speaker 1: It definitely did suck. But it's over now, and that's

578
00:30:13,040 --> 00:30:14,960
Speaker 1: just simply going to be the reality for a lot

579
00:30:14,960 --> 00:30:17,360
Speaker 1: of people in our society. I just think that this

580
00:30:17,480 --> 00:30:20,680
Speaker 1: type of December of twenty twenty one, saying that you

581
00:30:20,720 --> 00:30:23,680
Speaker 1: may not be able to gather for Christmas is total insanity.

582
00:30:23,800 --> 00:30:25,560
Speaker 1: I mean, there's a couple of things here. First of all,

583
00:30:25,640 --> 00:30:28,320
Speaker 1: I was surprised by the question, yeah, exactly like that.

584
00:30:28,400 --> 00:30:30,400
Speaker 1: I don't know why you have to even ask that.

585
00:30:31,080 --> 00:30:33,920
Speaker 1: And then there's a really simple answer. The answer is

586
00:30:34,240 --> 00:30:38,080
Speaker 1: if your adults are vaccinated, then yeah, you're good. You're good.

587
00:30:38,160 --> 00:30:41,280
Speaker 1: If you're really worried, go get a booster shot. Yeah, yeah, absolutely,

588
00:30:41,360 --> 00:30:43,720
Speaker 1: I mean that's it like that. We already know that,

589
00:30:43,840 --> 00:30:46,000
Speaker 1: we know how the vaccines work. We know they're effective.

590
00:30:46,040 --> 00:30:48,240
Speaker 1: I mean, sure, anything crazy coulda they're gonna be a

591
00:30:48,280 --> 00:30:51,720
Speaker 1: new variant that, oh jumps the vaccine. What. No, as

592
00:30:51,760 --> 00:30:53,840
Speaker 1: far as we know right now, the vaccines work. And

593
00:30:53,840 --> 00:30:56,600
Speaker 1: if you're vaccinated, don't worry about it. You're good to go, right.

594
00:30:56,640 --> 00:30:59,880
Speaker 1: I Mean, there's minor risk and so many things that

595
00:31:00,080 --> 00:31:03,480
Speaker 1: we undertake. But if gathering as a family at the

596
00:31:03,480 --> 00:31:07,000
Speaker 1: holidays is important to you and you're vaccinated, do it.

597
00:31:07,280 --> 00:31:11,160
Speaker 1: You're good to go. So it's a really simple, straightforward answer.

598
00:31:11,240 --> 00:31:13,880
Speaker 1: And the other thing that I think this exposes is

599
00:31:14,920 --> 00:31:16,680
Speaker 1: who's gonna listen. I mean, no one's gonna listen to

600
00:31:16,640 --> 00:31:20,720
Speaker 1: This's worst problem is they're disconnected from the reality of

601
00:31:20,720 --> 00:31:23,840
Speaker 1: how people living outside of a you know, a small

602
00:31:23,840 --> 00:31:27,440
Speaker 1: handful who are really into their pandemic error restrictions and

603
00:31:27,480 --> 00:31:29,800
Speaker 1: have really embraced this and have the FAUCI signs in

604
00:31:29,840 --> 00:31:32,000
Speaker 1: their lawn and whatever. That's a pretty small percentage of

605
00:31:32,000 --> 00:31:36,440
Speaker 1: the population. Ultimately most of the population is not living

606
00:31:36,480 --> 00:31:38,920
Speaker 1: in a way where they were even questioning should we

607
00:31:38,960 --> 00:31:42,680
Speaker 1: get together at Christmas time? Should we gather for Thanksgiving

608
00:31:42,760 --> 00:31:46,360
Speaker 1: if we're all vaccinated? And so it's just, you know,

609
00:31:46,440 --> 00:31:49,320
Speaker 1: the more disconnected they get from how people are actually

610
00:31:49,360 --> 00:31:52,280
Speaker 1: living their lives and thinking about this disease at this point,

611
00:31:52,360 --> 00:31:55,280
Speaker 1: the less credibility they're ultimately going to have. And then

612
00:31:55,320 --> 00:31:57,719
Speaker 1: I do think that there, as you were pointing to,

613
00:31:58,560 --> 00:32:02,480
Speaker 1: there's a connection here with the Biden administration hasn't made

614
00:32:02,520 --> 00:32:05,120
Speaker 1: really clear what their goal is, Yeah, what is the policy?

615
00:32:05,320 --> 00:32:08,720
Speaker 1: So that allows Fauci and other public health officials to

616
00:32:08,800 --> 00:32:12,520
Speaker 1: sort of freelance and assert for themselves what they think

617
00:32:12,600 --> 00:32:14,760
Speaker 1: the goal should be. And I think you're right that

618
00:32:14,880 --> 00:32:17,440
Speaker 1: the way that Fauci's been talking, it's like a zero

619
00:32:17,600 --> 00:32:21,920
Speaker 1: COVID type of ambition. But even New Zealand that they

620
00:32:21,920 --> 00:32:26,600
Speaker 1: were famously trying to do having your COVID policy, and

621
00:32:26,800 --> 00:32:28,520
Speaker 1: you know, they have a lot more going for them

622
00:32:28,560 --> 00:32:30,840
Speaker 1: in terms of being able to achieve that than we

623
00:32:30,920 --> 00:32:35,000
Speaker 1: do with much smaller population. They've said, this is not workable,

624
00:32:35,080 --> 00:32:39,040
Speaker 1: this is not possible. So because Biden hasn't been clear

625
00:32:39,080 --> 00:32:42,120
Speaker 1: about here's what we're aiming for, and here's our idea

626
00:32:42,120 --> 00:32:45,280
Speaker 1: of what would be acceptable. It allows Fauci and others

627
00:32:45,280 --> 00:32:49,000
Speaker 1: to kind of freelance and assert a more sort of aggressive,

628
00:32:49,240 --> 00:32:53,080
Speaker 1: more frankly radical notion of what we should be shooting

629
00:32:53,120 --> 00:32:56,360
Speaker 1: for here. And you know, again you always have to

630
00:32:56,400 --> 00:33:00,239
Speaker 1: look at what are people's incentives in these situations. And

631
00:33:00,760 --> 00:33:03,560
Speaker 1: for Fauci to be at the center of the national conversation,

632
00:33:03,680 --> 00:33:06,720
Speaker 1: I mean, I'm sure that's been that's been very elevating

633
00:33:06,720 --> 00:33:08,320
Speaker 1: for it if he's now one of the most famous

634
00:33:08,320 --> 00:33:11,520
Speaker 1: people in the country, So if the pandemic ends, well,

635
00:33:11,560 --> 00:33:13,720
Speaker 1: then he's less interesting of a guy. He's not at

636
00:33:13,760 --> 00:33:16,200
Speaker 1: the center on the Sunday shows all the time. And

637
00:33:16,240 --> 00:33:18,920
Speaker 1: that's not to say that he's like thinking about that

638
00:33:19,240 --> 00:33:22,800
Speaker 1: or just you know, nefariously crafting this towards his own ambition.

639
00:33:22,880 --> 00:33:26,080
Speaker 1: But people are influenced by what's in their interest, whether

640
00:33:26,160 --> 00:33:28,480
Speaker 1: or not they realize it. So that's always a good

641
00:33:28,480 --> 00:33:31,280
Speaker 1: thing to keep in mind as you're evaluating public figure statements.

642
00:33:31,280 --> 00:33:33,680
Speaker 1: One hundred percent and look, show me one news channel

643
00:33:33,680 --> 00:33:36,040
Speaker 1: where you're going to hear this. COVID cases have fallen

644
00:33:36,160 --> 00:33:40,280
Speaker 1: thirty five percent. It's September first, great thirty five percent.

645
00:33:40,520 --> 00:33:44,680
Speaker 1: That is fantastic news. Does it justify asking doctor Fauci

646
00:33:44,960 --> 00:33:48,280
Speaker 1: can we gather for Christmas? Maybe some questions on gain

647
00:33:48,320 --> 00:33:51,080
Speaker 1: of function research, but hey, whatever, you know, just happen

648
00:33:51,120 --> 00:33:53,760
Speaker 1: to be somebody who cares about these things. You don't

649
00:33:53,800 --> 00:33:56,800
Speaker 1: seem we do not seem to see any of this

650
00:33:57,320 --> 00:34:02,120
Speaker 1: in our coverage. Thirty five percent drop in overall hospitalizations too.

651
00:34:02,520 --> 00:34:05,000
Speaker 1: And the two month cycle that we continue to see

652
00:34:05,280 --> 00:34:08,000
Speaker 1: continues to happen. Every two months we see like an

653
00:34:08,000 --> 00:34:11,319
Speaker 1: EBB and with the flow, it's unclear exactly what that

654
00:34:11,400 --> 00:34:13,880
Speaker 1: is ascribed to. We don't know if that shows that

655
00:34:13,960 --> 00:34:16,840
Speaker 1: delta alone. We don't know if that's going to continue

656
00:34:17,000 --> 00:34:19,239
Speaker 1: two months from now. So I'm not going to say like, hey,

657
00:34:19,360 --> 00:34:21,200
Speaker 1: you know, make sure that you know we're good to

658
00:34:21,239 --> 00:34:23,320
Speaker 1: go or in two months that things could be bad.

659
00:34:24,200 --> 00:34:27,920
Speaker 1: All it is to say is that there does seem,

660
00:34:28,080 --> 00:34:32,560
Speaker 1: at least in Britain and elsewhere, that post delta when

661
00:34:32,560 --> 00:34:34,440
Speaker 1: you get several months into and remember we have a

662
00:34:34,520 --> 00:34:36,360
Speaker 1: much larger population than Britain, so what was going to

663
00:34:36,400 --> 00:34:38,680
Speaker 1: burn a little bit hotter? Same thing whenever it comes

664
00:34:38,719 --> 00:34:42,840
Speaker 1: to our unvaccinated population, that cases of rather consistently fallen

665
00:34:43,000 --> 00:34:45,120
Speaker 1: even with the abb and the flow. So even with

666
00:34:45,200 --> 00:34:47,800
Speaker 1: the cold weather and yeah, beginning to feel that brisk

667
00:34:48,120 --> 00:34:50,680
Speaker 1: fall air and more, even with all of that, it

668
00:34:50,760 --> 00:34:53,600
Speaker 1: is entirely possible that we are on the tail end

669
00:34:53,880 --> 00:34:55,680
Speaker 1: and at the you know, at the least of it,

670
00:34:55,960 --> 00:34:59,680
Speaker 1: the news media does have a responsibility to tell people

671
00:34:59,760 --> 00:35:03,560
Speaker 1: what what I'm saying, thirty five percent drop since September first,

672
00:35:03,880 --> 00:35:08,440
Speaker 1: that is a different fact pattern, which requires a different response,

673
00:35:08,600 --> 00:35:12,600
Speaker 1: which requires a different public consciousness, not the same level

674
00:35:12,600 --> 00:35:15,400
Speaker 1: of hysteria. I mean, look, even in early days of DELTA,

675
00:35:15,480 --> 00:35:17,799
Speaker 1: people were freaking out. I mean, I got COVID right

676
00:35:17,880 --> 00:35:21,239
Speaker 1: kind of at the height, people were really realizing that

677
00:35:21,320 --> 00:35:25,000
Speaker 1: breakthrough cases are way higher than what was being publicly reported.

678
00:35:25,400 --> 00:35:28,319
Speaker 1: Vaccine efficacy was being called into question all of that,

679
00:35:28,920 --> 00:35:32,319
Speaker 1: especially in terms of preventing infection. But now, if you

680
00:35:32,360 --> 00:35:34,719
Speaker 1: think about the levels of natural immunity that we have

681
00:35:35,080 --> 00:35:38,480
Speaker 1: along with vaccine immunity, we are really getting up there

682
00:35:38,520 --> 00:35:42,120
Speaker 1: in terms of our adult populations, and the drop in

683
00:35:42,200 --> 00:35:46,840
Speaker 1: cases reflects that. So then public posture should reflect that

684
00:35:46,880 --> 00:35:48,839
Speaker 1: from the government, and that is not what we see,

685
00:35:48,880 --> 00:35:51,839
Speaker 1: right now it's again a media story too, about what

686
00:35:51,880 --> 00:35:55,239
Speaker 1: their incentives are in terms of covering this story, like,

687
00:35:55,360 --> 00:35:58,520
Speaker 1: hey guys, things are actually maybe getting a little better, Like, look,

688
00:35:58,560 --> 00:36:00,759
Speaker 1: we want to be cautious and things can happen, and

689
00:36:00,800 --> 00:36:03,399
Speaker 1: maybe there's a such of course, maybe they'll roll that out,

690
00:36:03,440 --> 00:36:06,720
Speaker 1: but a thirty five percent drop is a good sign,

691
00:36:06,800 --> 00:36:09,759
Speaker 1: and that should be reported. And I don't want to

692
00:36:09,760 --> 00:36:12,040
Speaker 1: say that no one's talking about and no one's reporting it.

693
00:36:12,160 --> 00:36:13,799
Speaker 1: I have I think I saw the New York Times

694
00:36:13,920 --> 00:36:16,400
Speaker 1: boring put out in their newsletter about that there's been

695
00:36:16,400 --> 00:36:19,160
Speaker 1: a decline in COVID cases. But it's not going to

696
00:36:19,239 --> 00:36:22,319
Speaker 1: get these like you know, breaking news headline alerts on

697
00:36:22,400 --> 00:36:27,480
Speaker 1: cable news because it's not as salacious, it's not as agitating.

698
00:36:27,640 --> 00:36:30,480
Speaker 1: It doesn't bring in the views to say, hey, this

699
00:36:30,480 --> 00:36:33,040
Speaker 1: thing is actually getting a little better the same way

700
00:36:33,120 --> 00:36:37,000
Speaker 1: that you know, going and ginning up a lot of

701
00:36:37,000 --> 00:36:39,759
Speaker 1: fear and a lot of anxiety around it. That's much

702
00:36:39,800 --> 00:36:42,479
Speaker 1: more effective in terms of their business model. So it's

703
00:36:42,520 --> 00:36:47,080
Speaker 1: their incentive again to emphasize the worst possible case scenario,

704
00:36:47,160 --> 00:36:50,160
Speaker 1: the worst news that's coming out. And so you end

705
00:36:50,280 --> 00:36:52,560
Speaker 1: up if you're a person who's consuming a lot of

706
00:36:52,560 --> 00:36:55,120
Speaker 1: that content, you can end up with a distorted view

707
00:36:55,680 --> 00:36:58,480
Speaker 1: of where we actually are in this pandemic. And again, look,

708
00:36:58,520 --> 00:37:00,840
Speaker 1: I'm not trying to downplay it. List seven hundred thousand

709
00:37:00,880 --> 00:37:03,960
Speaker 1: I think American yes, seven hundred thousand have died a massive,

710
00:37:04,239 --> 00:37:07,160
Speaker 1: massive number. This has been horrific. It's been the most

711
00:37:07,160 --> 00:37:10,480
Speaker 1: deadly pandemic in American history. And it's not like the

712
00:37:10,600 --> 00:37:14,480
Speaker 1: risk is over. But if you're vaccinated, you're in pretty

713
00:37:14,520 --> 00:37:17,560
Speaker 1: good shape. We know what the numbers are, we know

714
00:37:17,680 --> 00:37:20,759
Speaker 1: that they've been effective. Yes, there are breakthrough infections, but

715
00:37:20,880 --> 00:37:23,600
Speaker 1: you are very, very unlikely to end up hospitalize or

716
00:37:23,680 --> 00:37:26,880
Speaker 1: end up dead. That's tremendous news. The dropping cases is

717
00:37:26,920 --> 00:37:30,960
Speaker 1: tremendous news, But it's not in their financial interests to

718
00:37:31,040 --> 00:37:35,000
Speaker 1: really emphasize that part of the conversation versus the risks

719
00:37:35,320 --> 00:37:38,200
Speaker 1: that still ultimately exist. That's right, Okay, Let's get to

720
00:37:38,200 --> 00:37:40,640
Speaker 1: this next story. It's tremendously important. This it's called the

721
00:37:40,719 --> 00:37:45,000
Speaker 1: Pandora Papers. It is a large group of financial papers

722
00:37:45,000 --> 00:37:49,439
Speaker 1: from fourteen different financial institutions, advisory groups and more from

723
00:37:49,440 --> 00:37:52,719
Speaker 1: across the world that were then leaked to a consortium

724
00:37:52,760 --> 00:37:55,719
Speaker 1: of The Washington Post, the International consortion of journalists The

725
00:37:55,719 --> 00:37:58,759
Speaker 1: Guardian and more so we're getting our very first view

726
00:37:58,960 --> 00:38:02,040
Speaker 1: into the actual handora papers. Let's put this up there

727
00:38:02,080 --> 00:38:06,080
Speaker 1: on the screen. It says billions hidden beyond reach. And

728
00:38:06,120 --> 00:38:09,840
Speaker 1: what's absolutely fascinating here is about the number of foreign

729
00:38:09,920 --> 00:38:14,880
Speaker 1: leaders who have entered into these complex financial arrangements of trusts,

730
00:38:15,200 --> 00:38:20,080
Speaker 1: tax havens and more in order to purchase massive amounts

731
00:38:20,080 --> 00:38:24,319
Speaker 1: of property, funnel money to illicit gains, and really it

732
00:38:24,400 --> 00:38:28,000
Speaker 1: just gives you a perfect view into the international financial

733
00:38:28,040 --> 00:38:30,880
Speaker 1: elite and how they move their money all across the world.

734
00:38:31,719 --> 00:38:34,480
Speaker 1: So the two headlines that are really being drawn from

735
00:38:34,480 --> 00:38:38,200
Speaker 1: this right now are about Number one is a Russian

736
00:38:38,239 --> 00:38:44,600
Speaker 1: woman who, after reportedly having a child with Russian President

737
00:38:44,640 --> 00:38:50,120
Speaker 1: Vladimir Putin, now lives on waterfront property in Monte Carlo,

738
00:38:50,840 --> 00:38:55,520
Speaker 1: and she has become tremendously wealthy, it seems Crystal. She's

739
00:38:55,560 --> 00:38:58,279
Speaker 1: the owner of an apartment. There's an offshore company which

740
00:38:58,360 --> 00:39:00,680
Speaker 1: was created just weeks after she gave earth to a

741
00:39:00,719 --> 00:39:04,200
Speaker 1: baby girl. The child was born right around the same

742
00:39:04,200 --> 00:39:06,560
Speaker 1: time that there was a report that she was having

743
00:39:06,640 --> 00:39:11,320
Speaker 1: a secret now years long relationship with Russian President Vladimir Putin.

744
00:39:12,000 --> 00:39:14,200
Speaker 1: For anybody who's been to Monte Carlo. It's a beautiful

745
00:39:14,200 --> 00:39:18,320
Speaker 1: place and overlooks the you know, the riviera and the ocean.

746
00:39:18,400 --> 00:39:22,000
Speaker 1: It's got great weather, really really really nice places. It's

747
00:39:22,000 --> 00:39:25,520
Speaker 1: a perfect place to park millions of illicit Russian dollars

748
00:39:25,760 --> 00:39:28,720
Speaker 1: if you happen to have an affair with the Russian president.

749
00:39:28,960 --> 00:39:32,719
Speaker 1: The second one that's making headlines is much more just

750
00:39:32,800 --> 00:39:36,360
Speaker 1: as disgusting a story is King Abdullah of Jordan, who

751
00:39:36,719 --> 00:39:40,279
Speaker 1: has used about one hundred million dollars while his own

752
00:39:40,320 --> 00:39:44,120
Speaker 1: people are starving or not doing so well, to purchase

753
00:39:44,160 --> 00:39:49,320
Speaker 1: homes in Malibu, here in Washington, d c. And in Miami.

754
00:39:49,440 --> 00:39:52,320
Speaker 1: So you can see that the King of Jordan is

755
00:39:52,360 --> 00:39:55,719
Speaker 1: spending one hundred million dollars on illicit homes here in

756
00:39:55,760 --> 00:39:58,600
Speaker 1: the United States for him and his wife to go

757
00:39:58,640 --> 00:40:01,480
Speaker 1: and party his kids. Also, so when I was at Georgetown,

758
00:40:01,520 --> 00:40:03,400
Speaker 1: it was an open secret that his daughter was like

759
00:40:03,680 --> 00:40:06,200
Speaker 1: in the program where she was like a you know,

760
00:40:06,280 --> 00:40:09,000
Speaker 1: like a queen or whatever and had to be hands off.

761
00:40:09,040 --> 00:40:10,840
Speaker 1: And also the building that we were all in was

762
00:40:10,840 --> 00:40:13,000
Speaker 1: founded by the Saudi royal government, so it was all

763
00:40:13,160 --> 00:40:14,960
Speaker 1: there was a lot of shady stuff that was going

764
00:40:14,960 --> 00:40:18,920
Speaker 1: on there. Sorry, Georgetown, and one of the funny things

765
00:40:19,120 --> 00:40:20,960
Speaker 1: that you can see is that this is exactly how

766
00:40:20,960 --> 00:40:24,560
Speaker 1: they funnel money into all of this. And I would

767
00:40:24,600 --> 00:40:26,359
Speaker 1: be remiss if I didn't point out what you said

768
00:40:26,360 --> 00:40:28,239
Speaker 1: at the top of our show, which is that the

769
00:40:28,320 --> 00:40:30,959
Speaker 1: reason that there are no American billionaires listed in here

770
00:40:31,440 --> 00:40:34,440
Speaker 1: is that financial crime experts say that tax rates are

771
00:40:34,520 --> 00:40:37,280
Speaker 1: so low in the United States for the ultra wealthy,

772
00:40:37,320 --> 00:40:39,799
Speaker 1: because they pay an effective tax rate of between like

773
00:40:39,920 --> 00:40:43,000
Speaker 1: one in nine percent on their assets, that they have

774
00:40:43,320 --> 00:40:47,120
Speaker 1: no interest in trying to play illicit games. They're like, hey,

775
00:40:47,320 --> 00:40:49,839
Speaker 1: I can actually flaunt my wealth right out in the

776
00:40:49,880 --> 00:40:53,640
Speaker 1: open in the American financial system because the tax rates

777
00:40:53,680 --> 00:40:57,080
Speaker 1: are so incredibly low, and it's legal to have tax

778
00:40:57,080 --> 00:41:00,520
Speaker 1: avoidance given that capital gain step up basis that we

779
00:41:00,520 --> 00:41:04,279
Speaker 1: were talking about earlier that is enshrined into law. Same

780
00:41:04,320 --> 00:41:06,840
Speaker 1: thing for these private equity guys whenever it comes to

781
00:41:06,960 --> 00:41:09,200
Speaker 1: like the carried interest loop pole it stuff, they don't

782
00:41:09,400 --> 00:41:12,480
Speaker 1: need Panama papers and more. I guess at least in

783
00:41:12,560 --> 00:41:14,719
Speaker 1: Russia they have a fake tax rate and then all

784
00:41:14,760 --> 00:41:17,760
Speaker 1: the oligarchs keep it in Panama and then normal Russians

785
00:41:17,760 --> 00:41:20,200
Speaker 1: are the ones who actually have to pay it. But yeah,

786
00:41:20,320 --> 00:41:23,240
Speaker 1: it's a pretty amazing story about they have one hundred

787
00:41:23,280 --> 00:41:26,680
Speaker 1: and thirty billionaires, three hundred public officials, the presidents of

788
00:41:26,719 --> 00:41:30,680
Speaker 1: like Kenya, presidential candidates and Czech billionaire who's running for

789
00:41:30,760 --> 00:41:35,000
Speaker 1: president there Ecuador. You know, it's the entire world. I

790
00:41:35,080 --> 00:41:37,840
Speaker 1: encourage everybody go and read. It's very important journalists. Fourteen

791
00:41:37,920 --> 00:41:43,280
Speaker 1: cases involving current country leaders in revealed in these papers,

792
00:41:43,320 --> 00:41:48,000
Speaker 1: which is the largest trove of financial documents. And part

793
00:41:48,000 --> 00:41:50,600
Speaker 1: of what's so important here is previous leaks have centered

794
00:41:50,640 --> 00:41:53,479
Speaker 1: on like just one law firm that does these sorts

795
00:41:53,480 --> 00:41:56,080
Speaker 1: of officer Panama papers, right, So that was the Panama

796
00:41:56,080 --> 00:41:58,240
Speaker 1: and papers. This is across a number of law firms,

797
00:41:58,239 --> 00:42:02,160
Speaker 1: so you get a more complete global picture of the

798
00:42:02,200 --> 00:42:06,160
Speaker 1: way that the very top of the global elite operate.

799
00:42:06,760 --> 00:42:10,120
Speaker 1: And yeah, so we can thank Center Heidi head Camp

800
00:42:10,200 --> 00:42:12,360
Speaker 1: and other people like her for making it so that

801
00:42:12,560 --> 00:42:15,319
Speaker 1: our top billionaires don't have to use offshore accounts. They

802
00:42:15,320 --> 00:42:17,719
Speaker 1: can just avoid taxes out in the open, because that's

803
00:42:17,760 --> 00:42:20,440
Speaker 1: the official system that we have set up here. So

804
00:42:20,680 --> 00:42:23,680
Speaker 1: great job against Center hike Camp really earning her money

805
00:42:23,680 --> 00:42:25,919
Speaker 1: and making sure that that continues to be the case.

806
00:42:26,000 --> 00:42:28,439
Speaker 1: Thank you. Ma'am. But the other thing here, one other

807
00:42:28,560 --> 00:42:31,359
Speaker 1: funny note is in South Dakota, that's the state next

808
00:42:31,360 --> 00:42:34,680
Speaker 1: to North Dakota that Center High Camp represented. South Dakota

809
00:42:34,680 --> 00:42:37,840
Speaker 1: has apparently now become like a tax haven, yeah for

810
00:42:38,120 --> 00:42:41,880
Speaker 1: foreign billionaires. Oh very strange. Yeah, the level of like

811
00:42:41,960 --> 00:42:45,879
Speaker 1: Cayman Islands and other famous, you know tax havens. South

812
00:42:45,960 --> 00:42:50,320
Speaker 1: Dakota is now Sioux City is now apparently rivaling those

813
00:42:50,360 --> 00:42:53,200
Speaker 1: as top like global tax haven destinations, which I did

814
00:42:53,200 --> 00:42:56,279
Speaker 1: not realize. It is very interesting. I didn't know that either. Yeah,

815
00:42:56,400 --> 00:42:58,960
Speaker 1: I'm like, it really does remind me of this seems

816
00:42:58,960 --> 00:43:01,600
Speaker 1: to should be like a Fargo episode or something in

817
00:43:01,680 --> 00:43:05,520
Speaker 1: terms of like, right, why South Dakota, what exactly is

818
00:43:05,560 --> 00:43:08,719
Speaker 1: going on? Very yeah, very rare. That one requires a

819
00:43:08,719 --> 00:43:11,120
Speaker 1: little more insight. And by the way, all of these

820
00:43:11,200 --> 00:43:16,120
Speaker 1: news organizations that just released their first investigations into these papers,

821
00:43:16,200 --> 00:43:18,879
Speaker 1: I mean against a massive trope I think is twelve

822
00:43:18,920 --> 00:43:21,319
Speaker 1: million different documents, So there's going to be a lot

823
00:43:21,320 --> 00:43:25,040
Speaker 1: of follow on articles digging into how they operate and

824
00:43:25,080 --> 00:43:28,680
Speaker 1: what the implications are. The other piece that's worth mentioning

825
00:43:28,920 --> 00:43:31,879
Speaker 1: is when you talk about fourteen cases just in this

826
00:43:32,000 --> 00:43:35,719
Speaker 1: leak involving current country leaders. Well, if you want to

827
00:43:35,719 --> 00:43:38,799
Speaker 1: reform this system, forget about it, because these guys are

828
00:43:38,800 --> 00:43:40,879
Speaker 1: all using it, right, I mean, they're the ones who

829
00:43:40,920 --> 00:43:46,560
Speaker 1: are benefiting from this system of global shady dealings and

830
00:43:46,640 --> 00:43:50,240
Speaker 1: being able to hide their off times ill begotten wealth.

831
00:43:51,160 --> 00:43:54,080
Speaker 1: And the King of Jordan. I mean this has important

832
00:43:54,120 --> 00:43:58,840
Speaker 1: domestic implications because we have Jordan a lot of eight dollars.

833
00:43:59,320 --> 00:44:01,799
Speaker 1: We give them a lot of eight dollars. Number one,

834
00:44:02,080 --> 00:44:04,640
Speaker 1: because they host a lot of refugees from the region,

835
00:44:04,760 --> 00:44:09,000
Speaker 1: both Palestinians and in recent years a lot of Syrians,

836
00:44:09,480 --> 00:44:12,440
Speaker 1: and so we give them eight dollars for that. We

837
00:44:12,560 --> 00:44:15,440
Speaker 1: also give them eight dollars because they, you know, have

838
00:44:15,480 --> 00:44:19,040
Speaker 1: been a moderate influence in the region. So and they've

839
00:44:19,040 --> 00:44:22,000
Speaker 1: sort of backed us on whatever our Middle East policy is,

840
00:44:22,080 --> 00:44:24,160
Speaker 1: whether it's good or bad. They kind of have our

841
00:44:24,200 --> 00:44:27,959
Speaker 1: back in all of that. So the big question here

842
00:44:28,320 --> 00:44:31,799
Speaker 1: is how did King Abdullah get this money? Like where

843
00:44:31,800 --> 00:44:34,759
Speaker 1: did this money actually come from? Because Jordan isn't like

844
00:44:35,320 --> 00:44:39,879
Speaker 1: the Gulf States where they have massive natural resources, these

845
00:44:39,920 --> 00:44:42,560
Speaker 1: giant oil reserves. They don't have that. This is a

846
00:44:42,760 --> 00:44:46,000
Speaker 1: relatively poor country and that's part of why he has

847
00:44:46,160 --> 00:44:51,000
Speaker 1: he actually faced a coup attempt. His half brother is

848
00:44:51,080 --> 00:44:54,399
Speaker 1: in prison now because he was apparently plotting to overthrow him.

849
00:44:54,440 --> 00:44:58,560
Speaker 1: Because there's massive concern about corruption in that government, and

850
00:44:58,640 --> 00:45:01,360
Speaker 1: also just the fact that you have a population that

851
00:45:01,520 --> 00:45:05,080
Speaker 1: is relatively poor, that has really been struggling in recent years,

852
00:45:05,440 --> 00:45:08,920
Speaker 1: high unemployment rate, high levels of hunger, all of that

853
00:45:09,080 --> 00:45:12,360
Speaker 1: going on. So you have a large level of domestic

854
00:45:12,440 --> 00:45:17,000
Speaker 1: instability and a deep concern about corruption. And then you're going,

855
00:45:17,320 --> 00:45:19,960
Speaker 1: where do you get these hundred million dollars from? Yeah?

856
00:45:20,000 --> 00:45:23,600
Speaker 1: And what they say in this and I to take

857
00:45:23,640 --> 00:45:26,920
Speaker 1: this with a great assault because in my experience, government

858
00:45:27,040 --> 00:45:30,520
Speaker 1: aid dollars haven't always been particularly well accounted for. But

859
00:45:30,560 --> 00:45:33,279
Speaker 1: they say, government officials assure them it's probably not coming

860
00:45:33,320 --> 00:45:35,319
Speaker 1: from the US eight dollars because those are very well

861
00:45:35,320 --> 00:45:38,399
Speaker 1: accounted for, which again grain of salt. But they also

862
00:45:38,440 --> 00:45:41,960
Speaker 1: get a lot of money from those Gulf states and

863
00:45:42,000 --> 00:45:45,719
Speaker 1: that money is apparently less well accounted for and sometimes

864
00:45:45,880 --> 00:45:48,960
Speaker 1: even comes with not the you know, Kingdom of Jordan's

865
00:45:49,000 --> 00:45:51,960
Speaker 1: name on it, but the king's actual name on it.

866
00:45:52,400 --> 00:45:56,200
Speaker 1: So basically the implication here is the king is very

867
00:45:56,680 --> 00:45:59,200
Speaker 1: likely he denies it, and his lawyers deny it, but

868
00:45:59,280 --> 00:46:02,759
Speaker 1: he looked very possible that he is skimming money off

869
00:46:02,760 --> 00:46:05,799
Speaker 1: the top that is intended for the people of his

870
00:46:05,960 --> 00:46:09,160
Speaker 1: state that are struggling and really need those eight dollars,

871
00:46:09,280 --> 00:46:15,120
Speaker 1: and instead he's building and buying multi multimillion dollar lavish

872
00:46:15,200 --> 00:46:20,520
Speaker 1: mansions in California, here in DC, other places around the world.

873
00:46:20,960 --> 00:46:24,640
Speaker 1: So it's really disgusting and it would not be surprising

874
00:46:24,800 --> 00:46:29,200
Speaker 1: to see this lead to further instability in Jordan, given

875
00:46:29,200 --> 00:46:31,640
Speaker 1: the fact that he has already been under fire for

876
00:46:31,760 --> 00:46:34,520
Speaker 1: corruption in his government. Right, I'm already sad, Crystal, because

877
00:46:34,520 --> 00:46:36,279
Speaker 1: now this means we can't go to Jordan, which is

878
00:46:36,280 --> 00:46:38,239
Speaker 1: actually a very beautiful country. I've come a lot of

879
00:46:38,280 --> 00:46:41,879
Speaker 1: time in Georgian, Yeah, I rarely Jordan great. It's yeah,

880
00:46:41,920 --> 00:46:45,480
Speaker 1: beautiful place, Wadi Ram, all of that, some great stuff,

881
00:46:45,560 --> 00:46:47,800
Speaker 1: Rainbow Street, you know, shout out to all those people.

882
00:46:47,840 --> 00:46:50,279
Speaker 1: But this is the deal. I remember being there and

883
00:46:50,320 --> 00:46:52,080
Speaker 1: people were like, do not talk about the king man,

884
00:46:52,280 --> 00:46:54,920
Speaker 1: like you cannot say anything. When I lived in Guitar,

885
00:46:54,960 --> 00:46:56,839
Speaker 1: it was the exact same way. Don't say a word

886
00:46:56,880 --> 00:46:59,160
Speaker 1: about the shady out Taunty family that runs that country

887
00:46:59,239 --> 00:47:02,279
Speaker 1: or the network of tribals and exactly how they do

888
00:47:02,360 --> 00:47:04,879
Speaker 1: business with one another, and billions of dollars just seem

889
00:47:04,920 --> 00:47:07,120
Speaker 1: to go missing. I would dispute that the king is

890
00:47:07,160 --> 00:47:09,120
Speaker 1: skimming it off the top, and he's probably just being

891
00:47:09,120 --> 00:47:12,000
Speaker 1: straight up paid by the Saudis. They're like, oh, yeah,

892
00:47:12,040 --> 00:47:15,600
Speaker 1: you take this. You know, everybody else gets this. You know,

893
00:47:15,800 --> 00:47:18,960
Speaker 1: it's all good, that's business. And yeah, I mean the

894
00:47:19,040 --> 00:47:22,520
Speaker 1: king apparently he's got a ten million dollar luxury ocean

895
00:47:23,840 --> 00:47:27,279
Speaker 1: riverside condo here in DC. I don't even know we're

896
00:47:27,320 --> 00:47:30,680
Speaker 1: a ten million dollar condo would be I'm literally trying

897
00:47:30,680 --> 00:47:33,120
Speaker 1: to think. There's not that much, you know, luxury real

898
00:47:33,200 --> 00:47:36,120
Speaker 1: estate like that around here. So probably the watergate is

899
00:47:36,120 --> 00:47:39,439
Speaker 1: what I'm thinking right now. Pretty amazing though, in order

900
00:47:39,480 --> 00:47:42,080
Speaker 1: to see how the king has all these hundreds of

901
00:47:42,080 --> 00:47:44,040
Speaker 1: millions of dollars. There's no way that people in Jordan

902
00:47:44,080 --> 00:47:46,160
Speaker 1: will ever even hear about a lot of this, but

903
00:47:46,239 --> 00:47:49,160
Speaker 1: it's going to seep into their political system because you know,

904
00:47:49,200 --> 00:47:51,640
Speaker 1: they've had problems for a long time of people calling

905
00:47:51,640 --> 00:47:54,239
Speaker 1: out the royal family of saying, hey, everybody here, we've

906
00:47:54,280 --> 00:47:57,480
Speaker 1: got all these refugees, Palestinians, we've got these Syrians and more,

907
00:47:57,480 --> 00:47:59,200
Speaker 1: and look at the king. He's living large. You know,

908
00:47:59,239 --> 00:48:01,360
Speaker 1: he's got these rams, which is which your legend you

909
00:48:01,400 --> 00:48:03,800
Speaker 1: know in Jordan, and now they learn about these homes

910
00:48:03,800 --> 00:48:06,279
Speaker 1: and pictures of that and stuff. With the Internet, it's

911
00:48:06,320 --> 00:48:08,600
Speaker 1: going to seep into the political conscious there, absolutely and

912
00:48:08,880 --> 00:48:10,560
Speaker 1: to kind of tie a bo on this. And we're

913
00:48:10,560 --> 00:48:14,600
Speaker 1: definitely going to continue to follow the journalism around this because, honestly,

914
00:48:15,000 --> 00:48:17,320
Speaker 1: of everything we're covering this morning, this is one of

915
00:48:17,400 --> 00:48:22,000
Speaker 1: the most significant stories, just exposing the way that this tiny,

916
00:48:22,760 --> 00:48:25,720
Speaker 1: tiny group of global leads, the way that they operate,

917
00:48:25,960 --> 00:48:27,839
Speaker 1: the way a different set of rules applies to them,

918
00:48:27,880 --> 00:48:29,759
Speaker 1: the way they lie, the way they hide, the way

919
00:48:29,760 --> 00:48:33,600
Speaker 1: they obfuscate. The Guardian had a great quote here from

920
00:48:34,000 --> 00:48:39,360
Speaker 1: Gerald Ryle, who's the director of the Independent Consortium of Journalists.

921
00:48:39,360 --> 00:48:41,040
Speaker 1: They're the ones who got this leak to start with,

922
00:48:41,080 --> 00:48:44,200
Speaker 1: and he said, leading politicians who organized their finances and

923
00:48:44,280 --> 00:48:46,799
Speaker 1: tax havens had a stake in the status quo, and

924
00:48:46,800 --> 00:48:48,960
Speaker 1: we're likely to be an obstacle to reform of the

925
00:48:48,960 --> 00:48:52,240
Speaker 1: offshore economy. Here's the quote. When you have world leaders,

926
00:48:52,360 --> 00:48:55,640
Speaker 1: when you have politicians, when you have public officials all

927
00:48:55,760 --> 00:48:59,080
Speaker 1: using the secrecy and all using this world, then I

928
00:48:59,239 --> 00:49:01,799
Speaker 1: don't think we're going to see an end of it.

929
00:49:02,280 --> 00:49:06,239
Speaker 1: So the Panama papers, that exposure, that revel that didn't

930
00:49:06,320 --> 00:49:09,400
Speaker 1: change anything. They just changed law firms, they changed tactics,

931
00:49:09,680 --> 00:49:12,040
Speaker 1: and that's what we'll see again, right in order to

932
00:49:12,080 --> 00:49:14,400
Speaker 1: make sure that they are able to keep their secrets

933
00:49:14,440 --> 00:49:17,439
Speaker 1: truly secret. If they need to, they'll change tactics, they'll

934
00:49:17,480 --> 00:49:20,680
Speaker 1: change firms, they'll change from you know, the Bahamas to

935
00:49:20,760 --> 00:49:23,799
Speaker 1: South Dakota or whatever need be. But since you have

936
00:49:24,120 --> 00:49:26,759
Speaker 1: the people who run the world, and I don't mean

937
00:49:26,800 --> 00:49:30,439
Speaker 1: to sound conspiratorial, but we're literally talking about country leaders here,

938
00:49:30,800 --> 00:49:34,600
Speaker 1: state leaders here, when they benefit from this system, you've

939
00:49:34,600 --> 00:49:35,920
Speaker 1: got to be full if you think that they're going

940
00:49:35,960 --> 00:49:37,920
Speaker 1: to be interested in changing it. That's just the facts,

941
00:49:37,960 --> 00:49:44,920
Speaker 1: that's right. Okay. Another extraordinarily significant and wildly underreported story

942
00:49:44,960 --> 00:49:48,640
Speaker 1: here from the media. Steven Donziger. You guys know, we

943
00:49:48,800 --> 00:49:53,759
Speaker 1: interviewed him last week about the way that Chevron has

944
00:49:53,800 --> 00:49:55,799
Speaker 1: persecuted him. For those of you who don't know the

945
00:49:55,800 --> 00:49:58,759
Speaker 1: context of this story, he's a human rights lawyer. He

946
00:49:58,920 --> 00:50:03,920
Speaker 1: won an unp residented settlement against Chevron for their crimes

947
00:50:03,960 --> 00:50:08,200
Speaker 1: against indigenous people in Ecuador. Chevron has not paid a

948
00:50:08,239 --> 00:50:11,560
Speaker 1: single penny of the billion dollar fine that was levied

949
00:50:11,600 --> 00:50:15,080
Speaker 1: against them for poisoning and destroying this whole area. I mean,

950
00:50:15,160 --> 00:50:18,400
Speaker 1: people got cancer, people died. It was a total total

951
00:50:18,480 --> 00:50:21,560
Speaker 1: crime in atrocity. They didn't paid a single penny. Instead,

952
00:50:21,680 --> 00:50:24,960
Speaker 1: their strategy has been to make an example out of

953
00:50:24,960 --> 00:50:28,439
Speaker 1: Stephen Donziger, the successful lawyer who actually had a chance

954
00:50:28,480 --> 00:50:32,319
Speaker 1: of holding them to account, and sad to say, they

955
00:50:32,400 --> 00:50:37,359
Speaker 1: have been entirely successful in doing that. Stephen has been

956
00:50:37,400 --> 00:50:40,200
Speaker 1: locked in his house for more than two years on

957
00:50:40,320 --> 00:50:43,960
Speaker 1: home confinement, wearing an ankle bracelet like he's some great

958
00:50:44,000 --> 00:50:48,160
Speaker 1: global criminal, for the crime allegedly of being held in

959
00:50:48,200 --> 00:50:51,319
Speaker 1: contempt of court for not turning over his laptop that

960
00:50:51,400 --> 00:50:54,040
Speaker 1: he did not want to turnover during discovery to protect

961
00:50:54,280 --> 00:50:58,200
Speaker 1: his attorney client privileged. So they got a corrupt judge

962
00:50:58,280 --> 00:51:01,880
Speaker 1: who totally railroaded him found guilty on this charge, a

963
00:51:02,000 --> 00:51:05,399
Speaker 1: charge that he reminded us when we interviewed him last week,

964
00:51:05,440 --> 00:51:08,960
Speaker 1: the day before his sentencing. No lawyer has ever spent

965
00:51:09,080 --> 00:51:12,399
Speaker 1: a single day in prison for okay, no one has

966
00:51:12,440 --> 00:51:15,040
Speaker 1: ever spent a single day in prison in US history.

967
00:51:15,160 --> 00:51:17,600
Speaker 1: In so this man's been locked in his home for

968
00:51:17,640 --> 00:51:22,520
Speaker 1: two years. Sentencing happened last week on October first, and

969
00:51:22,560 --> 00:51:26,520
Speaker 1: they sentenced him to six months in prison. Now, when

970
00:51:26,560 --> 00:51:29,160
Speaker 1: I saw that news, I thought, okay, well, surely when

971
00:51:29,160 --> 00:51:31,000
Speaker 1: it first broke, I thought, well, surely they must have

972
00:51:31,080 --> 00:51:33,920
Speaker 1: credited him for time served for these two years that

973
00:51:34,000 --> 00:51:38,080
Speaker 1: he's been locked in his home. Nope, nope, they did

974
00:51:38,080 --> 00:51:41,120
Speaker 1: not credit him whatsoever. The judge went on some insane

975
00:51:41,280 --> 00:51:45,320
Speaker 1: rant about him. The whole thing has been a total

976
00:51:45,760 --> 00:51:51,000
Speaker 1: corporate prosecution. The Southern District of New York. They refused

977
00:51:51,000 --> 00:51:54,960
Speaker 1: to prosecute him. Yes, the un has come out and

978
00:51:55,160 --> 00:51:59,200
Speaker 1: ruled that this is an illegal prosecution, that not only

979
00:51:59,239 --> 00:52:02,880
Speaker 1: should he be least immediately, but that we should be

980
00:52:02,920 --> 00:52:06,880
Speaker 1: paying him reparations for what we have done to this man.

981
00:52:07,360 --> 00:52:12,600
Speaker 1: And instead now he's spending six months in federal prison.

982
00:52:13,200 --> 00:52:16,200
Speaker 1: For all the media people who pretend during the Trump

983
00:52:16,280 --> 00:52:20,080
Speaker 1: years that they were so worried about creeping authoritarianism, about

984
00:52:20,080 --> 00:52:23,399
Speaker 1: the end of our democracy, you don't care about this

985
00:52:23,840 --> 00:52:28,560
Speaker 1: total corporate takeover of our judicial system. Tell me when

986
00:52:28,560 --> 00:52:33,719
Speaker 1: you see a single cable news segment about this absolutely outrageous,

987
00:52:33,840 --> 00:52:36,560
Speaker 1: atrocious crime that has been committed against this man, and

988
00:52:36,600 --> 00:52:40,240
Speaker 1: that is meant to send a message to all whistleblowers,

989
00:52:40,440 --> 00:52:43,600
Speaker 1: to anyone who would hold the powerful to account. And

990
00:52:43,800 --> 00:52:48,480
Speaker 1: it is outrageous and shocking and saddening that Chevron has

991
00:52:48,480 --> 00:52:52,360
Speaker 1: gotten their way here and they have made that example

992
00:52:52,400 --> 00:52:54,959
Speaker 1: out of Stephen Donziger that they wanted to. Well, what's

993
00:52:54,960 --> 00:52:57,520
Speaker 1: crazy too about the case to people understand, is the

994
00:52:57,560 --> 00:53:00,399
Speaker 1: people who prosecuted him was actually a private lawlaw firm

995
00:53:00,440 --> 00:53:02,919
Speaker 1: that the judge brought in in order to prosecute him.

996
00:53:03,239 --> 00:53:06,719
Speaker 1: That law firm also has Chevron as a client, and

997
00:53:06,800 --> 00:53:10,880
Speaker 1: so effectively they're being paid to privately prosecute by the

998
00:53:11,000 --> 00:53:12,719
Speaker 1: very people that have a judgment. At the very least,

999
00:53:12,719 --> 00:53:15,520
Speaker 1: it's a conflict of interest. I also asked him. I

1000
00:53:15,560 --> 00:53:17,440
Speaker 1: was like, wait, I was like, how do you go

1001
00:53:17,520 --> 00:53:21,800
Speaker 1: to prison without facing a jury? And it's contempt charges

1002
00:53:21,840 --> 00:53:24,480
Speaker 1: which are less than six months in time that is

1003
00:53:24,600 --> 00:53:27,960
Speaker 1: at the sole discretion at the judge. Now look on

1004
00:53:28,040 --> 00:53:30,560
Speaker 1: appeal and all this is it's all going to hold up.

1005
00:53:30,800 --> 00:53:33,040
Speaker 1: I have no idea, but by that time he'll probably

1006
00:53:33,120 --> 00:53:35,120
Speaker 1: be out of prison. Yeah, and at this point, the

1007
00:53:35,160 --> 00:53:37,960
Speaker 1: man's been in his house in downtown Manhattan for like

1008
00:53:38,040 --> 00:53:41,400
Speaker 1: two years and now is going to be in federal

1009
00:53:41,480 --> 00:53:45,120
Speaker 1: lock up for six months, which is pretty crazy. And again,

1010
00:53:45,400 --> 00:53:47,560
Speaker 1: even if he was guilty as sin, which you know

1011
00:53:47,600 --> 00:53:50,400
Speaker 1: he disputes whatever, I don't actually know the general facts

1012
00:53:50,400 --> 00:53:53,960
Speaker 1: on the contempt charge itself. Even if he was guilty,

1013
00:53:54,320 --> 00:53:57,480
Speaker 1: probably shouldn't still go to prison given the fact of

1014
00:53:57,520 --> 00:53:59,759
Speaker 1: the yeah, the tacks of the case. It's a what

1015
00:53:59,880 --> 00:54:05,600
Speaker 1: is it's a first misdemeanor they class miss criminal charge, right,

1016
00:54:05,920 --> 00:54:09,520
Speaker 1: lowest possible criminal charge, six months in prison, not facing

1017
00:54:10,520 --> 00:54:13,600
Speaker 1: not facing a jury, being sentenced by a judge who

1018
00:54:13,600 --> 00:54:16,880
Speaker 1: had brought in actually the uh who had brought in

1019
00:54:16,920 --> 00:54:19,759
Speaker 1: the private prosecutors. All of this, I would say, is

1020
00:54:19,800 --> 00:54:23,560
Speaker 1: just complete nonsense. And it's, like you said, if people

1021
00:54:23,600 --> 00:54:26,640
Speaker 1: are really worried about the appearance of corruption with the

1022
00:54:26,719 --> 00:54:29,279
Speaker 1: DoD judicial system, which, oh, by the way, we brought

1023
00:54:29,320 --> 00:54:31,680
Speaker 1: you recently that story about one hundred and thirty one

1024
00:54:31,760 --> 00:54:34,880
Speaker 1: judges who forgot to recuse themselves from cases where they

1025
00:54:34,920 --> 00:54:38,800
Speaker 1: had a direct financial interest. A direct Wall Street Journal

1026
00:54:38,840 --> 00:54:42,200
Speaker 1: investigation found that where sometimes judges had hundreds of thousand

1027
00:54:42,280 --> 00:54:44,520
Speaker 1: dollars in assets in the very companies that they were

1028
00:54:44,560 --> 00:54:47,520
Speaker 1: delivering rulings on. Oh, and those rulings actually almost always

1029
00:54:47,520 --> 00:54:49,880
Speaker 1: broke in the favor of those companies, and therefore the

1030
00:54:49,920 --> 00:54:54,960
Speaker 1: judges act thirds of the time. Let's be fair. Sorry, yeah, overwhelming.

1031
00:54:54,960 --> 00:54:56,879
Speaker 1: I'm just saying coin flip and you would have think

1032
00:54:57,000 --> 00:54:59,319
Speaker 1: a little bit of a different thing. Random probability would

1033
00:54:59,320 --> 00:55:02,040
Speaker 1: tell you that probably should be fifty to fifty whenever

1034
00:55:02,080 --> 00:55:04,480
Speaker 1: it comes to whenever it comes to a real review.

1035
00:55:04,640 --> 00:55:06,560
Speaker 1: So look, I would put this all together and they

1036
00:55:06,600 --> 00:55:09,040
Speaker 1: say this is absolutely outrageous, and yeah, I don't think

1037
00:55:09,040 --> 00:55:11,280
Speaker 1: it's a surprise that we're the only ones really covering

1038
00:55:11,280 --> 00:55:13,360
Speaker 1: and a few people the media. I just saw a

1039
00:55:13,360 --> 00:55:17,319
Speaker 1: tweet actually from David Sirota punch Bowl News, which we

1040
00:55:17,320 --> 00:55:19,360
Speaker 1: actually use some of the reporting sometimes because they have

1041
00:55:19,440 --> 00:55:22,400
Speaker 1: good congressional reporting. Way ye yeah, well their newsletter this

1042
00:55:22,480 --> 00:55:27,360
Speaker 1: morning was presented by Chevron this morning presented by Chevron,

1043
00:55:27,680 --> 00:55:30,840
Speaker 1: am I saying that it's a cover up. No, but like, look,

1044
00:55:31,440 --> 00:55:34,000
Speaker 1: when people want to cover stuff or tweet something, you

1045
00:55:34,080 --> 00:55:36,080
Speaker 1: got to think about it, am I. It's gonna screw

1046
00:55:36,120 --> 00:55:38,319
Speaker 1: me whenever it comes to advertisers. There's a reason we

1047
00:55:38,360 --> 00:55:40,080
Speaker 1: fund our business the way that we do, so we

1048
00:55:40,120 --> 00:55:43,480
Speaker 1: have to don't have to have any sort of implication whatsoever.

1049
00:55:43,520 --> 00:55:46,480
Speaker 1: But Chevron and the people who they hire as ad people.

1050
00:55:46,760 --> 00:55:49,360
Speaker 1: Those people control a whole lot of money whenever it

1051
00:55:49,360 --> 00:55:52,560
Speaker 1: comes to media buys and advertising. Is that part of

1052
00:55:52,600 --> 00:55:54,640
Speaker 1: the factor. I don't think. I think we'd be lying

1053
00:55:54,640 --> 00:55:56,920
Speaker 1: if we said it wasn't. Of course, Yeah, absolutely. I

1054
00:55:56,960 --> 00:56:01,680
Speaker 1: mean Politico playbook, which is like the Insider Journal newsletter

1055
00:56:02,600 --> 00:56:05,200
Speaker 1: last week brought brought to you by Pharma, brought to

1056
00:56:05,239 --> 00:56:07,440
Speaker 1: you by Farma. During the whole well, they're you know,

1057
00:56:07,560 --> 00:56:12,200
Speaker 1: Medicare negotiation prices and other health relevant healthcare policies are

1058
00:56:12,200 --> 00:56:17,520
Speaker 1: being debated, and the DC newsletter, Insider Newsletter is being

1059
00:56:17,520 --> 00:56:20,879
Speaker 1: brought to you by Pharma. Yeah, it is atrocious. And

1060
00:56:20,920 --> 00:56:23,400
Speaker 1: by the way, the Biden administration they haven't said a word,

1061
00:56:23,600 --> 00:56:26,840
Speaker 1: you know, all their concern about, you know, democracy and

1062
00:56:27,040 --> 00:56:29,359
Speaker 1: judicial system. Just imagine if it was Trump going after

1063
00:56:29,360 --> 00:56:32,480
Speaker 1: this guy. Oh just imagine the wall to wall coverage. Yes,

1064
00:56:32,760 --> 00:56:35,839
Speaker 1: but I think that's it. It's because you don't have

1065
00:56:36,160 --> 00:56:37,879
Speaker 1: I mean, first of all, they don't really care about

1066
00:56:37,880 --> 00:56:40,759
Speaker 1: corruption number one. Second of all, you don't have this

1067
00:56:41,560 --> 00:56:44,719
Speaker 1: blue red horse race dynamic that they can sink their

1068
00:56:44,760 --> 00:56:47,880
Speaker 1: teeth into. And so you know, they don't when it

1069
00:56:47,920 --> 00:56:49,359
Speaker 1: comes down to it, they don't really give a shit.

1070
00:56:49,400 --> 00:56:51,800
Speaker 1: All they're concerns about the press fairness with Juliana so

1071
00:56:51,840 --> 00:56:54,560
Speaker 1: one we see what, you know what nonsense? That is

1072
00:56:55,000 --> 00:56:59,080
Speaker 1: all their concerns about authoritarianism and the futur of a

1073
00:56:59,160 --> 00:57:02,000
Speaker 1: sanctity of our democracy. They don't really care. This is

1074
00:57:02,040 --> 00:57:05,279
Speaker 1: a crime. It's an absolute outrage. Steven Donziger should be

1075
00:57:05,280 --> 00:57:07,480
Speaker 1: freed immediately. He never should have been confined in the

1076
00:57:07,480 --> 00:57:10,400
Speaker 1: first place. And the fact that this is getting so

1077
00:57:10,600 --> 00:57:13,520
Speaker 1: little attention and that the media doesn't care about it

1078
00:57:13,560 --> 00:57:15,959
Speaker 1: is a crime in and of itself. Yeah, that's right. Wow,

1079
00:57:16,120 --> 00:57:18,160
Speaker 1: you guys must really like listening to our voices. Well,

1080
00:57:18,160 --> 00:57:20,160
Speaker 1: I know this is annoying instead of making you listen

1081
00:57:20,200 --> 00:57:22,720
Speaker 1: to a Viagra commercial. When you're done, check out the

1082
00:57:22,760 --> 00:57:25,520
Speaker 1: other podcast I do with Marshal Kassoff called The Realignment.

1083
00:57:25,520 --> 00:57:27,600
Speaker 1: We talk a lot about the deeper issues that are

1084
00:57:27,640 --> 00:57:31,040
Speaker 1: changing realigning in American society. You always need more Crystal

1085
00:57:31,080 --> 00:57:33,880
Speaker 1: and Sog in your daily lives. Take care, guys, Crystal,

1086
00:57:33,920 --> 00:57:35,880
Speaker 1: what are you taking a look at today? Well, guys,

1087
00:57:36,240 --> 00:57:40,400
Speaker 1: Kirsen Cinema is the literal worst. This, in my mind

1088
00:57:40,560 --> 00:57:43,400
Speaker 1: is a nonpartisan statement of fact. She's the worst because

1089
00:57:43,400 --> 00:57:45,400
Speaker 1: she blatantly does the bidding of the donor class. She

1090
00:57:45,480 --> 00:57:48,400
Speaker 1: is the worst because she shamelessly postures for her post

1091
00:57:48,400 --> 00:57:51,000
Speaker 1: senate career of catching in. She's the worst because she

1092
00:57:51,080 --> 00:57:53,280
Speaker 1: ran on a slate of popular issues, things like prescription

1093
00:57:53,360 --> 00:57:56,360
Speaker 1: drug reform, that she just casually abandoned once Big Pharma

1094
00:57:56,360 --> 00:57:59,160
Speaker 1: asked her to do you need more proof? Well, here

1095
00:57:59,200 --> 00:58:02,640
Speaker 1: she is suddenly dropping her support for Medicare, negotiating prescription

1096
00:58:02,720 --> 00:58:05,680
Speaker 1: drug pricing in exchange four hundreds of thousands of dollars

1097
00:58:05,720 --> 00:58:08,960
Speaker 1: in positive ads from Big Pharma. Great work daily poster. There.

1098
00:58:09,440 --> 00:58:12,160
Speaker 1: Here she is meeting with the very corporate interests that

1099
00:58:12,200 --> 00:58:15,120
Speaker 1: could profit off of killing the reconciliation bill as she

1100
00:58:15,240 --> 00:58:18,480
Speaker 1: blatantly goes out and does their bidding. Here she is

1101
00:58:18,960 --> 00:58:22,280
Speaker 1: leaving DC in the middle of critical negotiations so that

1102
00:58:22,320 --> 00:58:25,000
Speaker 1: she can go meet with her big dollar donors at

1103
00:58:25,040 --> 00:58:28,200
Speaker 1: a high end resort and spot in Phoenix. And that,

1104
00:58:28,400 --> 00:58:31,320
Speaker 1: ladies and gentlemen, is all just within the past two weeks.

1105
00:58:31,560 --> 00:58:34,240
Speaker 1: When you look at the long trajectory of her career,

1106
00:58:34,240 --> 00:58:37,160
Speaker 1: you can see an even grosser transformation from principled anti

1107
00:58:37,200 --> 00:58:41,920
Speaker 1: war activist to brazen corporate sellout. It's all so blatant

1108
00:58:42,120 --> 00:58:44,280
Speaker 1: as to be one of the most shameless displays of

1109
00:58:44,280 --> 00:58:46,680
Speaker 1: corruption I have seen in DC, and that is a

1110
00:58:46,720 --> 00:58:50,560
Speaker 1: really high bar. But somehow many in the press refuse

1111
00:58:50,680 --> 00:58:53,120
Speaker 1: to see it that way. Where anyone with two working

1112
00:58:53,160 --> 00:58:55,800
Speaker 1: brain cells could see a bought off politician playing the

1113
00:58:55,840 --> 00:58:59,800
Speaker 1: donor class, somehow, they see a brave trailblazer setting an

1114
00:58:59,800 --> 00:59:03,480
Speaker 1: indo dependent course. Somehow it never occurs to them that

1115
00:59:03,520 --> 00:59:06,720
Speaker 1: while that course might be independent of what voters want,

1116
00:59:07,000 --> 00:59:10,480
Speaker 1: it is in lockstep with what her donor class wants.

1117
00:59:10,760 --> 00:59:13,480
Speaker 1: But perhaps the most grotesque part of all of their

1118
00:59:13,520 --> 00:59:17,080
Speaker 1: recent glowing portraits of Kirson Cinema is their insistence that

1119
00:59:17,280 --> 00:59:21,120
Speaker 1: all of her personal attributes and quirky character traits are

1120
00:59:21,160 --> 00:59:23,840
Speaker 1: somehow more important than the fact that she is casually

1121
00:59:23,920 --> 00:59:27,640
Speaker 1: denying people affordable prescription drugs and a livable wage. Here

1122
00:59:27,720 --> 00:59:30,360
Speaker 1: is just a sampling of some of the worst of

1123
00:59:30,360 --> 00:59:34,160
Speaker 1: that coverage over just the past few days. So Axios,

1124
00:59:34,320 --> 00:59:37,240
Speaker 1: they want you to know Kirston Cinema's allies have some

1125
00:59:37,360 --> 00:59:40,360
Speaker 1: free advice for anyone trying to bully the wine drinking

1126
00:59:40,440 --> 00:59:43,439
Speaker 1: triathlete into supporting Biden's three and a half trillion dollar

1127
00:59:43,480 --> 00:59:47,000
Speaker 1: budget bill. She doesn't play by Washington's rules, and she's

1128
00:59:47,040 --> 00:59:51,360
Speaker 1: prepared to walk away. She doesn't play by Washington's rules.

1129
00:59:51,840 --> 00:59:55,560
Speaker 1: Since when do Washington's rules not include doing whatever your

1130
00:59:55,600 --> 00:59:58,200
Speaker 1: corporate handlers tell you to do? That is literally the

1131
00:59:58,280 --> 01:00:01,680
Speaker 1: rule of Washington. Article goes out of its way to

1132
01:00:01,720 --> 01:00:05,120
Speaker 1: mention Cinema's eccentric dress or sexual orientation, and has quite

1133
01:00:05,160 --> 01:00:07,560
Speaker 1: a lot of detail about her exercise habits as well.

1134
01:00:08,080 --> 01:00:10,959
Speaker 1: Listen to this line and try not to puke. She's

1135
01:00:11,160 --> 01:00:15,920
Speaker 1: unconventional see recent internship at a Sonoma winery and a

1136
01:00:15,960 --> 01:00:19,000
Speaker 1: force to be reckoned with. She's known to rise between

1137
01:00:19,000 --> 01:00:22,120
Speaker 1: four and five am to train for her nextase race,

1138
01:00:22,200 --> 01:00:24,520
Speaker 1: and she was forced to take up awkward jogging after

1139
01:00:24,560 --> 01:00:26,720
Speaker 1: breaking her foot this summer in something called the Light

1140
01:00:26,800 --> 01:00:30,120
Speaker 1: at the end of the Tunnel marathon. Friends, I do

1141
01:00:30,240 --> 01:00:33,760
Speaker 1: not give a single fart about what time Kirsen Cinema

1142
01:00:33,760 --> 01:00:36,200
Speaker 1: wakes up in the morning. I care that the sum

1143
01:00:36,240 --> 01:00:38,480
Speaker 1: total of her waking hours seemed to be spent taking

1144
01:00:38,560 --> 01:00:41,040
Speaker 1: bags of cash in exchange for making the country worse.

1145
01:00:41,640 --> 01:00:44,880
Speaker 1: Here's another line from that same piece. Progressives could be

1146
01:00:44,920 --> 01:00:48,520
Speaker 1: forgiven for presuming that Cinema forty five the first openly

1147
01:00:48,600 --> 01:00:51,360
Speaker 1: bisexual member of Congress who's easy to spot in her

1148
01:00:51,360 --> 01:00:55,720
Speaker 1: trademark sleeveless dresses, rye wigs, and acrylic glasses, which share

1149
01:00:55,800 --> 01:00:59,840
Speaker 1: their woke politics. Guys, wanting old people to be able

1150
01:00:59,840 --> 01:01:02,360
Speaker 1: to forward their drugs and go to the dentist is

1151
01:01:02,480 --> 01:01:05,480
Speaker 1: not woke politics. But I don't want to pick on

1152
01:01:05,600 --> 01:01:07,120
Speaker 1: just Axio this year. Even though there was a lot

1153
01:01:07,160 --> 01:01:09,600
Speaker 1: to get into, There's so much more. CNN's Michael smo

1154
01:01:09,680 --> 01:01:12,800
Speaker 1: Kanish wants you to know Washington needs more Kirsen cinemas

1155
01:01:12,840 --> 01:01:14,680
Speaker 1: to stand in the way of the most obvious and

1156
01:01:14,680 --> 01:01:18,720
Speaker 1: popular reforms. Just listen. But Mansion and Cinema are deserving

1157
01:01:18,800 --> 01:01:22,920
Speaker 1: of our praise, not our criticism. Their refusal to simply

1158
01:01:23,040 --> 01:01:26,120
Speaker 1: fall in line and instead exhibit some independence is both

1159
01:01:26,200 --> 01:01:30,680
Speaker 1: a rarity in Washington and a reflection of their diverse constituencies.

1160
01:01:31,200 --> 01:01:35,920
Speaker 1: Consider that Cinema's Arizona constituents pretty evenly divide between RS

1161
01:01:35,960 --> 01:01:42,040
Speaker 1: and d's and i's. For the one millionth time, Kirson

1162
01:01:42,120 --> 01:01:46,480
Speaker 1: Cinema is not responding to the political preferences of her constituents.

1163
01:01:46,960 --> 01:01:49,960
Speaker 1: As Matt Igleci has pointed out recently, Cinema is literally

1164
01:01:50,000 --> 01:01:53,080
Speaker 1: posing the most popular elements of her own party's agenda.

1165
01:01:53,400 --> 01:01:56,280
Speaker 1: She opposes racing taxes on the wealthy in corporations. As

1166
01:01:56,280 --> 01:01:59,640
Speaker 1: we've demonstrated here repeatedly, taxing the rich is extremely popular

1167
01:01:59,680 --> 01:02:02,760
Speaker 1: in a dipartisan way. But to make matters even worse,

1168
01:02:02,800 --> 01:02:05,680
Speaker 1: she instead floated a carbon tax, which would be wildly

1169
01:02:05,760 --> 01:02:08,680
Speaker 1: unpopular and also would fall in working class people. And

1170
01:02:08,720 --> 01:02:11,360
Speaker 1: of course, the prescription drug pricing reform that she has

1171
01:02:11,400 --> 01:02:14,360
Speaker 1: decided to oppose after being bought off by Pharma has

1172
01:02:14,600 --> 01:02:17,880
Speaker 1: like eighty percent support. It is literally the top priority

1173
01:02:17,920 --> 01:02:20,760
Speaker 1: of the American people. Here's a recent poll that listed

1174
01:02:20,840 --> 01:02:23,439
Speaker 1: all of the priorities of the Reconciliation Plan, and more

1175
01:02:23,480 --> 01:02:26,120
Speaker 1: Americans said that prescription drug pricing reform was their top

1176
01:02:26,160 --> 01:02:28,920
Speaker 1: priority than anything else in the entire plan. It is

1177
01:02:28,960 --> 01:02:33,120
Speaker 1: insanely popular. So no, Michael Smerconish Kirsen Cinema is not

1178
01:02:33,200 --> 01:02:38,120
Speaker 1: responding to diverse constituencies. She is responding to one constituency,

1179
01:02:38,240 --> 01:02:41,120
Speaker 1: and that would be the donor class. Last, but not

1180
01:02:41,200 --> 01:02:45,920
Speaker 1: least Moreene Dowd Pendereal Doozy here the headline rings Cinema

1181
01:02:46,000 --> 01:02:49,400
Speaker 1: stars in her own film. In it, Dowd writes the

1182
01:02:49,480 --> 01:02:53,120
Speaker 1: Arizona senator's name is pronounced Cinema, and it is apt

1183
01:02:53,240 --> 01:02:56,720
Speaker 1: because she sweeps and sometimes when the triathlete has a

1184
01:02:56,760 --> 01:03:00,640
Speaker 1: sports injury, limpse through the Senate like a silent film star,

1185
01:03:01,120 --> 01:03:05,040
Speaker 1: the Greta Garbo of Congress, as one top Democrat called her.

1186
01:03:05,640 --> 01:03:10,880
Speaker 1: Let me be perfectly clear, there is nothing enigmatic or

1187
01:03:10,920 --> 01:03:14,840
Speaker 1: mysterious about Kirsten Cinema. She is a very old and

1188
01:03:15,120 --> 01:03:19,120
Speaker 1: very predictable type in Washington, the corporate sellout shilling for

1189
01:03:19,200 --> 01:03:22,280
Speaker 1: the donor class. Her only new twist on that old

1190
01:03:22,320 --> 01:03:26,040
Speaker 1: type is to use her identity as a shield for

1191
01:03:26,120 --> 01:03:31,520
Speaker 1: her pernicious and destructive agenda. And apparently plenty establishment media

1192
01:03:31,560 --> 01:03:34,560
Speaker 1: types have been blinded by this type of terminal, late

1193
01:03:34,640 --> 01:03:38,560
Speaker 1: stage identity politics. More more likely, they're happy to weaponize

1194
01:03:38,560 --> 01:03:41,000
Speaker 1: it for a corporate agenda in the same way that

1195
01:03:41,120 --> 01:03:44,600
Speaker 1: Kirsten Cinema herself does. Like now, I'm supposed to be

1196
01:03:44,640 --> 01:03:48,360
Speaker 1: persuaded to overlook your terrible politics, not just because you're bisexual,

1197
01:03:48,360 --> 01:03:52,800
Speaker 1: but also because you drink wine. Like sure, she'll keep

1198
01:03:52,840 --> 01:03:55,480
Speaker 1: you and your kids in unrelenting poverty, but she works

1199
01:03:55,480 --> 01:03:57,760
Speaker 1: out a lot, so that's what really counts here. People

1200
01:03:58,160 --> 01:04:02,560
Speaker 1: slay queen, but like literally, because your policies are killing people,

1201
01:04:02,920 --> 01:04:08,200
Speaker 1: and Sager, it is unbelievable to watch the One more thing,

1202
01:04:08,240 --> 01:04:10,680
Speaker 1: I promise. Just wanted to make sure you knew about

1203
01:04:10,680 --> 01:04:14,000
Speaker 1: my podcast with Kyle Kolinski. It's called Crystal, Kyle and Friends,

1204
01:04:14,000 --> 01:04:16,960
Speaker 1: where we do long form interviews with people like Nom Chomsky,

1205
01:04:17,080 --> 01:04:20,320
Speaker 1: Cornell West, and Glenn Greenwald. You can listen on any

1206
01:04:20,400 --> 01:04:23,800
Speaker 1: podcast platform, or you can subscribe over on substack to

1207
01:04:23,800 --> 01:04:25,840
Speaker 1: get the video a day early. We're going to stop

1208
01:04:25,840 --> 01:04:28,680
Speaker 1: bugging you now enjoy. All right, Sager, what are you

1209
01:04:28,720 --> 01:04:30,840
Speaker 1: looking at? Some of you might recall it from my

1210
01:04:31,000 --> 01:04:34,200
Speaker 1: last monologue, I delved into the millennial media company Ozi,

1211
01:04:34,360 --> 01:04:37,479
Speaker 1: a company founded by a black and Indian entrepreneurial set

1212
01:04:37,480 --> 01:04:41,480
Speaker 1: who scammed about ninety million dollars away from some of

1213
01:04:41,520 --> 01:04:44,880
Speaker 1: the most sophisticated media investors in the world on the

1214
01:04:44,920 --> 01:04:49,000
Speaker 1: promise that they can reach millennials. They weren't reaching any millennials,

1215
01:04:49,000 --> 01:04:51,400
Speaker 1: but they sure were good at parting billionaires who wanted

1216
01:04:51,400 --> 01:04:54,760
Speaker 1: to see a black owned business targeting millennials from their money.

1217
01:04:55,000 --> 01:04:57,560
Speaker 1: My personal favorite highlights from that monologue are that they

1218
01:04:57,680 --> 01:05:01,640
Speaker 1: impersonated a YouTube executive a pitch meeting with Goldyn Sachs

1219
01:05:01,840 --> 01:05:04,560
Speaker 1: that nearly all of their metrics for traffic and views

1220
01:05:04,560 --> 01:05:08,160
Speaker 1: were fake, including ghost YouTube views of a million views

1221
01:05:08,200 --> 01:05:10,960
Speaker 1: with only twelve comments or likes on a video, and

1222
01:05:11,040 --> 01:05:14,160
Speaker 1: events my friends have moved so speedily. I am now

1223
01:05:14,240 --> 01:05:16,800
Speaker 1: happy to report that when I wrote this, the company

1224
01:05:16,880 --> 01:05:19,120
Speaker 1: was supposed to be dead. They said they were shutting down,

1225
01:05:19,440 --> 01:05:22,640
Speaker 1: and as of this morning, Carlos Watson, the CEO, has

1226
01:05:22,680 --> 01:05:25,800
Speaker 1: been all over the news saying actually it's their Lazarus

1227
01:05:25,800 --> 01:05:28,320
Speaker 1: moment that he's opened for business, and that it is

1228
01:05:28,440 --> 01:05:31,959
Speaker 1: slanderous to point out many of the lies. So let's

1229
01:05:31,960 --> 01:05:36,680
Speaker 1: start chronologically. After my monologue on Thursday, even more has

1230
01:05:36,760 --> 01:05:40,320
Speaker 1: come out about Carlos Watson. He headed something called The

1231
01:05:40,360 --> 01:05:44,040
Speaker 1: Carlos Watson Show, which he claimed was the fastest growing

1232
01:05:44,120 --> 01:05:47,360
Speaker 1: talk show on YouTube. And it turns out one of

1233
01:05:47,360 --> 01:05:49,360
Speaker 1: the ways that he got people to work for him

1234
01:05:49,360 --> 01:05:52,640
Speaker 1: and sold to advertisers is he claimed he had a

1235
01:05:52,680 --> 01:05:55,400
Speaker 1: deal to have his show go on the A and

1236
01:05:55,440 --> 01:05:58,320
Speaker 1: E Network. He made that claim in his pitch to

1237
01:05:58,400 --> 01:06:00,880
Speaker 1: guests as part of the reason that many of them

1238
01:06:00,920 --> 01:06:04,160
Speaker 1: even appeared on his stupid show in the first place. Well,

1239
01:06:04,440 --> 01:06:07,480
Speaker 1: his producers and all went to work, and they noticed

1240
01:06:07,600 --> 01:06:09,960
Speaker 1: they never actually got to talk to anyone at a ande.

1241
01:06:10,960 --> 01:06:13,840
Speaker 1: Then one of them noticed that the TV show Hoarders

1242
01:06:14,200 --> 01:06:17,680
Speaker 1: was actually in the timeslot that Watson told them that

1243
01:06:17,760 --> 01:06:21,120
Speaker 1: they would be in. So after he got caught, he said, oh, actually,

1244
01:06:21,320 --> 01:06:24,400
Speaker 1: I sold the show to YouTube as a YouTube original,

1245
01:06:24,640 --> 01:06:28,400
Speaker 1: and by selling the show to YouTube, he means uploading

1246
01:06:28,440 --> 01:06:32,320
Speaker 1: the show to YouTube. But wait, there was more reporting

1247
01:06:32,360 --> 01:06:35,280
Speaker 1: as it dribbles out about this company. It turns out

1248
01:06:35,520 --> 01:06:38,800
Speaker 1: that the Carlos Watson Show wasn't even doing that well

1249
01:06:38,840 --> 01:06:43,600
Speaker 1: on YouTube. It had a ninety five percent, yes, ninety

1250
01:06:43,760 --> 01:06:47,960
Speaker 1: five percent, fake viewership. Not only that, people within the

1251
01:06:48,000 --> 01:06:50,840
Speaker 1: company said nearly all of the social media followings for

1252
01:06:50,880 --> 01:06:54,480
Speaker 1: the company were fake, including their email list of twenty

1253
01:06:54,600 --> 01:06:57,920
Speaker 1: five million, which it turns out they got because they

1254
01:06:57,960 --> 01:07:03,200
Speaker 1: refused to unsubscribe people at their request. Literally almost everything

1255
01:07:03,200 --> 01:07:06,160
Speaker 1: about this company was a mirage. I am taking you

1256
01:07:06,200 --> 01:07:09,280
Speaker 1: all through this not just because it's hilarious, but because

1257
01:07:09,480 --> 01:07:13,280
Speaker 1: we need to underscore how much of an obvious fraud

1258
01:07:13,480 --> 01:07:18,160
Speaker 1: this company was, its founder Carlos Watson was, and then

1259
01:07:18,600 --> 01:07:21,880
Speaker 1: makes you realize the biggest people in media thought that

1260
01:07:21,960 --> 01:07:24,680
Speaker 1: this guy was the future, NPR had him on the

1261
01:07:24,720 --> 01:07:28,640
Speaker 1: board of directors, CNBC routinely had him on as a

1262
01:07:28,680 --> 01:07:31,440
Speaker 1: guest and partnered with him for his sham media festival

1263
01:07:31,560 --> 01:07:35,120
Speaker 1: OSI Fest. Fun fact who headlined it that year? You

1264
01:07:35,200 --> 01:07:39,800
Speaker 1: just saw Hillary Clinton herself. Remember Carlos Watsons show, It

1265
01:07:39,840 --> 01:07:42,760
Speaker 1: had a ninety five percent fake viewership. Guess who bought

1266
01:07:42,920 --> 01:07:51,560
Speaker 1: advertising on that show? Some names you might recognize, Chevrolet, Walmart, Facebook, Target, Goldman, Sachs.

1267
01:07:51,880 --> 01:07:56,120
Speaker 1: That means the top advertisers in the world all shelled

1268
01:07:56,160 --> 01:07:59,040
Speaker 1: out hundreds of thousands of dollars to this fraud of

1269
01:07:59,080 --> 01:08:02,120
Speaker 1: a show. And they didn't have any good sense of

1270
01:08:02,240 --> 01:08:05,880
Speaker 1: anybody who spends any time on YouTube who could look

1271
01:08:05,920 --> 01:08:07,880
Speaker 1: at a single one of their videos and be like, oh, yeah,

1272
01:08:07,880 --> 01:08:11,800
Speaker 1: this thing is just completely not real. OZ Carlos Watson,

1273
01:08:12,040 --> 01:08:14,960
Speaker 1: they're outgrowths of the same problem for the mainstream media.

1274
01:08:15,040 --> 01:08:17,719
Speaker 1: People who are young are not buying what they are selling.

1275
01:08:17,920 --> 01:08:20,519
Speaker 1: They can read the actual aerial tables. They know that

1276
01:08:20,560 --> 01:08:23,240
Speaker 1: their boomer audience will eventually be gone. And I would

1277
01:08:23,280 --> 01:08:25,479
Speaker 1: posit here that OZ media is just the tip of

1278
01:08:25,479 --> 01:08:28,839
Speaker 1: the iceberg, as powerful and as titanic as a mainstream

1279
01:08:28,880 --> 01:08:32,280
Speaker 1: media is. Right now, Remember that without Trump, they are

1280
01:08:32,280 --> 01:08:36,400
Speaker 1: fading slowly into irrelevancy. Now this is really important. As

1281
01:08:36,400 --> 01:08:39,800
Speaker 1: sadly as I like to dunk on CNN, MSNBC or

1282
01:08:39,880 --> 01:08:43,080
Speaker 1: Fox for their declining ratings, the truth is, though, that

1283
01:08:43,120 --> 01:08:46,280
Speaker 1: they are almost as fake as OZ. The actual viewership

1284
01:08:46,320 --> 01:08:49,360
Speaker 1: does not matter for these companies. Huge portions of their

1285
01:08:49,400 --> 01:08:53,280
Speaker 1: revenue come from the cable companies who pay them to

1286
01:08:53,320 --> 01:08:57,519
Speaker 1: be part of the cable bundle under the assumption that hey,

1287
01:08:57,760 --> 01:09:01,240
Speaker 1: without having CNN, Fox, and MSNBC in bundle, then people

1288
01:09:01,280 --> 01:09:05,160
Speaker 1: won't subscribe to Comcast or Verizon or whatever. Now these

1289
01:09:05,200 --> 01:09:08,280
Speaker 1: deals are locked into place for years to come, so

1290
01:09:08,360 --> 01:09:11,920
Speaker 1: it's not going anywhere. But what happens ten years from now,

1291
01:09:12,120 --> 01:09:15,639
Speaker 1: when the next round of negotiation happens. Well, the networks

1292
01:09:15,680 --> 01:09:17,920
Speaker 1: know this, and that's why they're all branching into cringe

1293
01:09:17,960 --> 01:09:21,200
Speaker 1: streaming services of their own, trying to get the millennial

1294
01:09:21,280 --> 01:09:25,800
Speaker 1: streaming audience. CNN has CNN Plus, Fox News has Fox Nation,

1295
01:09:26,240 --> 01:09:29,559
Speaker 1: NBC has Peacock. If you've ever watched any of those,

1296
01:09:29,600 --> 01:09:32,280
Speaker 1: you'll know that they all amount to absolute cringe and

1297
01:09:32,320 --> 01:09:35,559
Speaker 1: they have zero chance of success. Now right now we

1298
01:09:35,600 --> 01:09:38,080
Speaker 1: are in the midst of the revolution, even though the

1299
01:09:38,120 --> 01:09:42,000
Speaker 1: situation is maddening for pretty much everybody involved. The Emperor

1300
01:09:42,080 --> 01:09:44,559
Speaker 1: has no clothes and we all know it. And yet

1301
01:09:44,720 --> 01:09:47,120
Speaker 1: there's still the Emperor and will be for some time.

1302
01:09:47,439 --> 01:09:51,160
Speaker 1: But underneath the surface everything is changing. Shows like Hours

1303
01:09:51,160 --> 01:09:53,720
Speaker 1: of succeeding with the very demographic of people that these

1304
01:09:53,760 --> 01:09:58,519
Speaker 1: mainstream media people want to target, and eventually everything will

1305
01:09:58,560 --> 01:10:01,360
Speaker 1: move toward the new system. You should have a tremendous

1306
01:10:01,360 --> 01:10:03,599
Speaker 1: amount of hope in that, and always remember that as

1307
01:10:03,640 --> 01:10:06,519
Speaker 1: powerful and as premicious as these people are, they are

1308
01:10:06,560 --> 01:10:09,960
Speaker 1: still the idiots who gave Carlos Watson ninety million dollars.

1309
01:10:10,360 --> 01:10:12,760
Speaker 1: If that does not prove that they deserve to be beat,

1310
01:10:13,240 --> 01:10:16,640
Speaker 1: nothing else does. And I mean the developments on this

1311
01:10:16,760 --> 01:10:34,479
Speaker 1: Crystal are incredible. I mean, Carlos Watson is now Thanks

1312
01:10:34,520 --> 01:10:36,599
Speaker 1: for listening to the show, guys, we really appreciate it.

1313
01:10:36,600 --> 01:10:38,600
Speaker 1: To help other people find the show, go ahead and

1314
01:10:38,680 --> 01:10:41,519
Speaker 1: leave us a five star rating on Apple Podcasts or

1315
01:10:41,560 --> 01:10:44,759
Speaker 1: wherever you get your podcasts. Really helps other people find

1316
01:10:44,880 --> 01:10:48,400
Speaker 1: the show. As always special, thank you to Supercast for

1317
01:10:48,520 --> 01:10:51,400
Speaker 1: powering our premium membership. If you want to find out more,

1318
01:10:51,520 --> 01:10:53,719
Speaker 1: go to Crystalansager dot com.