WEBVTT - Hamilton Stood Up!

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<v Speaker 1>Broadcasting live from the Abraham Lincoln Radio Studio the George

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<v Speaker 1>Washington Broadcast Center, Jack Armstrong and Joe Getty Armstrong and

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<v Speaker 1>Getty and now he Armstrong and Getty.

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<v Speaker 2>Course Light announced the launch of their first non alcoholic beer,

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<v Speaker 2>Core zero point zero percent.

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<v Speaker 1>And I love the new slogan.

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<v Speaker 2>Of course, zero pit zero, Get custody back, old boy. Yeah,

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<v Speaker 2>that's pretty funny, oh Boy and Dark. Quick update on

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<v Speaker 2>Project Freedom before we move on. That's what Trump announced yesterday,

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<v Speaker 2>and that was the hole. We're going to get ships

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<v Speaker 2>going through the Strait. Again, he didn't announce we're opening

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<v Speaker 2>the straight. He announced ships will go through the Strait

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<v Speaker 2>without a lot of details as to how they would

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<v Speaker 2>And I think everybody is making the same dog that

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<v Speaker 2>heard something weird face that I am, wait, wait what?

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<v Speaker 2>And we have guided missile destroyers in the area. We

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<v Speaker 2>have one hundred land and sea based aircraft. We have

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<v Speaker 2>fifteen thousand service members that are going to be part

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<v Speaker 2>of Project Freedom without a specific commitment to what we're

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<v Speaker 2>going to do. Then, Sentcom announced before we came on

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<v Speaker 2>the air today that two US flagged merchant vessels that

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<v Speaker 2>had been trapped there since February since the war began.

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<v Speaker 1>Got through.

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<v Speaker 2>Okay, well that seemed like a good sign. Well, in

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<v Speaker 2>just the last forty five minutes, the IRGC has declared

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<v Speaker 2>the Straight.

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<v Speaker 1>Of Horror moves closed.

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<v Speaker 2>And after that, according to the South Korean news agency Yonhap,

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<v Speaker 2>which I subscribe to, you should too too liberal for me,

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<v Speaker 2>South Korean government officials are checking into reports that a

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<v Speaker 2>South Korean vessel, South Korean flag vessel has been struck

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<v Speaker 2>in the Straight of horr moves. So the IRGDC said

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<v Speaker 2>it ain't open, it's closed, and then they're apparently fired

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<v Speaker 2>on a ship. So we'll keep you updated on how

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<v Speaker 2>that whole thing's going. And in hour three we'll talk

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<v Speaker 2>to Mike Lyons and try to get a handle on

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<v Speaker 2>what's happening.

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<v Speaker 1>Hmm. Interesting.

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<v Speaker 2>If I'm the IRGC, I might not fire on an

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<v Speaker 2>American flag vessel because that'll that'll bring hell, rain and down.

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<v Speaker 1>But I might see.

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<v Speaker 2>How America reacts to us hitting one of their allies

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<v Speaker 2>a pretty good ally.

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<v Speaker 1>Wonder how the allies are going to hang together?

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<v Speaker 2>No, and now I would be wondering, right, Yeah, this

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<v Speaker 2>could be a spicy day. Yeah they are, because these

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<v Speaker 2>people are evil, but they are smart. They read the

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<v Speaker 2>headlines about Keir Starmer and Shaman's criticizing Trump and saying

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<v Speaker 2>he has no plan, and Merit's saying the America has

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<v Speaker 2>been humiliated at the bargaining table and the rest of it,

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<v Speaker 2>which is a bizarre take, but yeah, the IRGC's testing that.

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<v Speaker 2>So every year, around fourth of July, I decide to

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<v Speaker 2>read a founding father's sort of book, one of the

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<v Speaker 2>classics or new one or whatever. This year, I'm starting early.

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<v Speaker 2>I'm going to read nothing but Founding stuff leading up

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<v Speaker 2>to fourth of July and our two hundred and fiftieth

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<v Speaker 2>birthday and all that sort of stuff.

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<v Speaker 1>And a lot of my favorite podcasts had.

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<v Speaker 2>Been mentioning this new book about John Adams called Making

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<v Speaker 2>the Presidency by Lindsay Schervinsky, and enough of my favorites

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<v Speaker 2>mention it, I thought, okay, I'll give it a look

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<v Speaker 2>and saw couple chapters into it, and man, there's all

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<v Speaker 2>kinds of new stuff in there that if i'd heard

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<v Speaker 2>it before, I didn't remember it. And if you're a

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<v Speaker 2>history buff, you read the John Adams David McCullough book

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<v Speaker 2>twenty five years ago when that came out, which moved

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<v Speaker 2>John Adams from a you know kind of an also

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<v Speaker 2>ran in the Founding Father's Derby. My whole life growing up,

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<v Speaker 2>it was always a Washington Jefferson. Maybe he gets some

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<v Speaker 2>Alexander hemmeltonan Adams was. It's just he was a one

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<v Speaker 2>term president kind of he is he is right up

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<v Speaker 2>there and in terms of uh, couldn't have had the

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<v Speaker 2>country without him?

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<v Speaker 1>Oh yeah, and.

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<v Speaker 2>Glad he got rescued from history by David McCullough. And

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<v Speaker 2>then this book will continue it and a lot of

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<v Speaker 2>what I'm learning from this book is the reason he

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<v Speaker 2>was a one term president wasn't because he was a

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<v Speaker 2>failed president.

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<v Speaker 1>Was because he.

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<v Speaker 2>Stood up to the to the the the the extreme

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<v Speaker 2>of his own party, like no, no, no, no no,

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<v Speaker 2>just because we're in office, we're not going to go

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<v Speaker 2>that far. And that's what got him booted out. As

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<v Speaker 2>we often know in modern politics, standing up to your

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<v Speaker 2>own party in certain times will doom you.

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<v Speaker 1>Wow. So he got primaried huh.

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<v Speaker 2>He basically yeah, basically got primaried by by by you know,

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<v Speaker 2>by history and you know, whether you're Paul Ryan, was

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<v Speaker 2>that who was the Speaker of House there beginning a

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<v Speaker 2>Trump's term or whatever. And you know, you know, if

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<v Speaker 2>you're if you're one of those people that are actually

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<v Speaker 2>have the country's best interest at heart, sometimes it doesn't

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<v Speaker 2>work out for you, depending on the times we live in.

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<v Speaker 1>But here's the stuff that I thought was interesting.

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<v Speaker 2>And this is the overall topic of whenever we talk

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<v Speaker 2>about things are more partisan than they've ever been, and

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<v Speaker 2>we're falling apart and all that sort of stuff. And

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<v Speaker 2>then some smart person like our friend Tim sanderfer or whoever,

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<v Speaker 2>steps in and says, no, we've been partisan many many

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<v Speaker 2>times before Civil War, very partisan, but other times.

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<v Speaker 1>In our history.

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<v Speaker 2>And and I knew that about the founding that you know,

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<v Speaker 2>we got into parties very quickly. I didn't realize it

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<v Speaker 2>was this quickly. So George Washington writes his farewell address

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<v Speaker 2>in year three of his first term because he's leaving.

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<v Speaker 2>I am done. I am this is it. Good luck

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<v Speaker 2>to the country. I hope you all do well. But

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<v Speaker 2>he is done. And and everybody's like, what, you can't

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<v Speaker 2>leave yet, you gotta stay now. I am done, dudes,

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<v Speaker 2>I miss my farm. I'm tired of this right and

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<v Speaker 2>you know, running a war and then being in government,

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<v Speaker 2>which he didn't want to do at all. He didn't

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<v Speaker 2>want to be in charge of the Continental Congress all

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<v Speaker 2>that sort of stuff, and he wanted out, And so

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<v Speaker 2>he writes his farewell address with the help of Madison

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<v Speaker 2>basically writes it for him. And that first cabinet that

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<v Speaker 2>he had that you learn about in school, that is

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<v Speaker 2>just full of all the people that are on our

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<v Speaker 2>money and you know that are on mountains and stuff

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<v Speaker 2>like that. They'll So he's convinced by a number of

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<v Speaker 2>people in his cabinet and others to stay that look,

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<v Speaker 2>we can't you got to stay for one more term.

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<v Speaker 2>We ain't gonna make it. We just we got to

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<v Speaker 2>figure some things out first. He reluctantly decides to stay

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<v Speaker 2>again Madison. Madison basically writes his first farewell address. By

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<v Speaker 2>the time he gets to the second farewell address when

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<v Speaker 2>he actually leaves in there still begging him to stay.

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<v Speaker 2>He and Madison aren't on speaking terms. That's how quickly

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<v Speaker 2>it fell apart. He and freaking father of the Constitution,

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<v Speaker 2>James Madison would not even speak to each other in

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<v Speaker 2>that second term. That's how bad things got so fast.

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<v Speaker 1>What was the problem? Did a chick come between them? Chick?

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<v Speaker 2>That's right, Dolly Madison, not the snack treat but the hottie. No,

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<v Speaker 2>he's a you know, just the factions that happen in

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<v Speaker 2>all government, how much power the presidents he should have

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<v Speaker 2>and versus all the things that we still argue about

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<v Speaker 2>to this day. But man, I didn't realize it turned

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<v Speaker 2>so quickly in the first term, and all the heroes

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<v Speaker 2>of the first term, you're Alexander Hamilton's and you're Thomas

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<v Speaker 2>Jefferson is Secretary State. They left after the first term,

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<v Speaker 2>and you had a bunch of people that aren't remembered

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<v Speaker 2>by history in the second term, and things got ugly

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<v Speaker 2>so fast. And I don't know what the lesson is

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<v Speaker 2>that you take from this. So then when he gives

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<v Speaker 2>this farewell address, he decides to use the first farewell

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<v Speaker 2>address that Madison wrote, just because he knew he was

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<v Speaker 2>going to be attacked so harshly by Madison and Jefferson

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<v Speaker 2>and others. In his farewell address, he used the one

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<v Speaker 2>that Madison wrote. So they come out and say, hey,

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<v Speaker 2>you know, you know where those words came from, freaking

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<v Speaker 2>James Madison. All right, so back off. Wow, that's where

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<v Speaker 2>I mean. It sounds very now issue. Oh yeah, that

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<v Speaker 2>he had to do that. The freaking father of our country,

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<v Speaker 2>George Washington, you know, the indispensable man, the one guy

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<v Speaker 2>everybody could agree on, had to play those kind of

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<v Speaker 2>games seven years in to avoid being attacked brutally in

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<v Speaker 2>the press by the beings. But that no longer agreed

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<v Speaker 2>with him. So what is the lesson from that? That

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<v Speaker 2>that's that's just the nature of democracy. Maybe it's maybe

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<v Speaker 2>it's why democracies don't work. I don't know, they end

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<v Speaker 2>up with no situations. I think it's similar to what

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<v Speaker 2>we're always trying to put across to the modern audience

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<v Speaker 2>that the period of peace and prosperity we just came

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<v Speaker 2>out of, that's not the norm, right, Strife and struggle

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<v Speaker 2>and war and being a little uneasy, that's the norm.

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<v Speaker 2>You'll be okay, similar similar lesson the name of the

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<v Speaker 2>book you're talking about again, George Washington, what a guy,

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<v Speaker 2>Moby Dick. It's a It's a John Adams book, Making

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<v Speaker 2>the Making the Presidency, And it's basically basically how they're

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<v Speaker 2>The thesis is to have a norm, which we are

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<v Speaker 2>now in the business of both parties destroying all norms.

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<v Speaker 2>But to have a norm, it can't happen once, It

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<v Speaker 2>needs to happen twice, and John Adams was the twice

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<v Speaker 2>you had this administration.

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<v Speaker 1>Do it?

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<v Speaker 2>Then when John John Adams does it again, now you've

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<v Speaker 2>got a norm. And whether or not that holds or

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<v Speaker 2>not is basically the premise of the book. But so

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<v Speaker 2>maybe it's only cataclysms pull us together briefly, and then

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<v Speaker 2>we look back on that era. Why can't we go

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<v Speaker 2>back to there? We only had that because of a cataclysm.

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<v Speaker 2>Because finally, in the same week this book I'm reading

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<v Speaker 2>Ike's Bluff, which I've read before, included Eisenhower writing his

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<v Speaker 2>farewell address in the middle of his first term because

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<v Speaker 2>there's no freaking way he was gonna run again. He

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<v Speaker 2>had a seventy five percent approval rating and didn't want

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<v Speaker 2>to stick around for another term because everybody convinced him, look,

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<v Speaker 2>you gotta we just you have to because of this

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<v Speaker 2>and that's going on. And why did he have a

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<v Speaker 2>seventy five percent approval rating because, similar to Washington, came

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<v Speaker 2>out of a cataclysm. He wasn't really associated with either party.

0:10:24.679 --> 0:10:28.000
<v Speaker 2>But those are outliers, Those those aren't really things you

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<v Speaker 2>can get back to, right that were the standard that

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<v Speaker 2>we should, you know, consider the norm. Those were outliers

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<v Speaker 2>because of cataclysms.

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<v Speaker 1>Yeah, circumstances.

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<v Speaker 2>Yeah, I would like to make a case for my

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<v Speaker 2>favorite Founding Generation book these days. After a word from

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<v Speaker 2>our friends at Trust and Will, just like Washington, Jefferson

0:10:48.480 --> 0:10:50.640
<v Speaker 2>and Adams, we will all pass into a history. And

0:10:50.679 --> 0:10:52.720
<v Speaker 2>when we do, it's really important those we care about

0:10:52.840 --> 0:10:55.480
<v Speaker 2>know what our wishes are so you don't condemn them

0:10:55.480 --> 0:10:57.600
<v Speaker 2>to a long, bitter, expensive legal fight.

0:10:57.640 --> 0:10:59.080
<v Speaker 1>Why would you do that to people you love.

0:10:59.440 --> 0:11:02.960
<v Speaker 2>Trust and Will offers affordable attorney designed to state plans

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<v Speaker 2>online that you can create in as little as thirty minutes. Yeah,

0:11:06.840 --> 0:11:09.240
<v Speaker 2>speaking of the Founding generation, who gets your wooden teeth?

0:11:09.360 --> 0:11:11.599
<v Speaker 1>You don't want your kids fighting over that. Haven't that

0:11:11.640 --> 0:11:13.240
<v Speaker 1>come between them? That's a mess.

0:11:13.360 --> 0:11:15.839
<v Speaker 2>But anyway, and as little as thirty minutes, you can

0:11:15.880 --> 0:11:18.400
<v Speaker 2>create a will that lets you document your wishes for guardians.

0:11:18.440 --> 0:11:21.880
<v Speaker 2>We're talking who gets what, house, money, everything like that,

0:11:22.160 --> 0:11:26.079
<v Speaker 2>healthcare planning, you know, what are your end game plans?

0:11:26.120 --> 0:11:30.400
<v Speaker 2>And you don't want I've seen this before where God,

0:11:30.440 --> 0:11:33.959
<v Speaker 2>I've got friends who did this. See one one kid said,

0:11:34.040 --> 0:11:35.720
<v Speaker 2>I think Dad would want us to pull the plug

0:11:35.720 --> 0:11:37.640
<v Speaker 2>and the other kid absolutely not. And I mean that

0:11:37.640 --> 0:11:42.960
<v Speaker 2>may all bitter fight. Yeah, this is high class adulting folks,

0:11:42.960 --> 0:11:45.680
<v Speaker 2>but you know you have to do this. So go

0:11:45.760 --> 0:11:48.720
<v Speaker 2>to Trust and Will affordable estate plans, priceless peace of mind.

0:11:48.760 --> 0:11:50.839
<v Speaker 2>Go to Trust and Will dot com slash Armstrong to

0:11:50.880 --> 0:11:54.120
<v Speaker 2>get twenty percent off. That's Trustinwill dot Com slash Armstrong

0:11:54.480 --> 0:11:57.360
<v Speaker 2>once again, twenty percent off Trust and Will dot Com

0:11:57.400 --> 0:12:00.840
<v Speaker 2>slash Armstrong. I've touted this book before, I will tout

0:12:00.840 --> 0:12:04.120
<v Speaker 2>it again now. Our friend Tim Sander for his new

0:12:04.120 --> 0:12:07.760
<v Speaker 2>book Proclaiming Liberty. What is the subtitle of that? I

0:12:07.880 --> 0:12:10.440
<v Speaker 2>like a good subtitle. John Adams Thomas Jefferson in the

0:12:10.480 --> 0:12:15.640
<v Speaker 2>Declaration of Independence Again, how Adams was indispensable working with

0:12:15.840 --> 0:12:17.600
<v Speaker 2>Jefferson to craft the Declaration.

0:12:18.080 --> 0:12:18.959
<v Speaker 1>And the thing I.

0:12:18.960 --> 0:12:21.400
<v Speaker 2>Love so much about the book is, and I was

0:12:21.440 --> 0:12:23.200
<v Speaker 2>reading it the other night, I got so fired up.

0:12:23.240 --> 0:12:25.320
<v Speaker 2>If I'd had a musket, I'd have picked it up

0:12:25.320 --> 0:12:30.360
<v Speaker 2>and gone to look for an englishman. Wow, the idiotic idea,

0:12:30.760 --> 0:12:34.520
<v Speaker 2>Oh my god, we're almost out of time. Uh that

0:12:34.679 --> 0:12:38.560
<v Speaker 2>some like modern progressive historians are like they just broke

0:12:38.600 --> 0:12:41.480
<v Speaker 2>away from England to ensure their own wealth and to

0:12:41.600 --> 0:12:47.280
<v Speaker 2>consolidate control to continue slavery is so freaking idiotic. It's

0:12:47.480 --> 0:12:52.480
<v Speaker 2>unbelievable the way the parliament, especially everybody talks about King George,

0:12:52.520 --> 0:12:56.000
<v Speaker 2>but the way the Parliament was constantly abusing us. And

0:12:56.040 --> 0:12:58.000
<v Speaker 2>I know I was a couple of hundred years from appearing,

0:12:58.200 --> 0:13:02.960
<v Speaker 2>but I mean, just Yorkin has run utterly disregarding any

0:13:03.160 --> 0:13:06.160
<v Speaker 2>not only like you know, taxation without representation in the

0:13:06.200 --> 0:13:08.880
<v Speaker 2>base in the natural rights of man, but like even

0:13:09.000 --> 0:13:14.280
<v Speaker 2>being nice, just constantly changing this and extracting that and saying,

0:13:14.440 --> 0:13:17.800
<v Speaker 2>shut up, you don't have a legislature anymore.

0:13:17.520 --> 0:13:21.600
<v Speaker 1>We're unconvening your legislator and us saying that's not a thing.

0:13:22.160 --> 0:13:23.920
<v Speaker 2>And I'm saying, well, shoot you in the face if

0:13:23.960 --> 0:13:27.160
<v Speaker 2>you make if you make any noise about it. Utterly

0:13:27.320 --> 0:13:31.920
<v Speaker 2>horribly abusive relationship. And then Tim gets into the particulars

0:13:31.920 --> 0:13:34.480
<v Speaker 2>of the Declaration of Independence, which if you don't have perspective,

0:13:34.520 --> 0:13:37.480
<v Speaker 2>you're like, he's sent forth swarms of officers to eat

0:13:37.559 --> 0:13:38.120
<v Speaker 2>our substance.

0:13:38.160 --> 0:13:40.440
<v Speaker 1>What is he talking about? Oh, it's so good and

0:13:40.520 --> 0:13:41.200
<v Speaker 1>so interesting.

0:13:41.440 --> 0:13:44.440
<v Speaker 2>It explains why there was a revolution, and you'd have

0:13:44.480 --> 0:13:49.080
<v Speaker 2>grabbed your musket to those bastards. Should be interested in

0:13:49.120 --> 0:13:52.040
<v Speaker 2>hearing from you. If Washington and Madison were not on

0:13:52.160 --> 0:13:56.600
<v Speaker 2>speaking terms before his second term ended, why would we

0:13:56.640 --> 0:14:01.200
<v Speaker 2>expect any difference from Trump and Chuck Schumer? You know

0:14:01.280 --> 0:14:02.959
<v Speaker 2>when this wor like they can't even go out to

0:14:02.960 --> 0:14:06.040
<v Speaker 2>eat together. Washington and Madison couldn't go out to eat together.

0:14:06.840 --> 0:14:07.800
<v Speaker 1>Correct me if I'm wrong.

0:14:07.920 --> 0:14:10.360
<v Speaker 2>I think the two of them were both sincere though

0:14:10.720 --> 0:14:11.600
<v Speaker 2>about their difference.

0:14:11.640 --> 0:14:13.920
<v Speaker 1>Ah, that's a that's a decent point.

0:14:14.080 --> 0:14:18.560
<v Speaker 2>They were a gas lighting, click baiting, fundraising, onlining liars.

0:14:19.000 --> 0:14:23.560
<v Speaker 2>Interesting text line four one five two nine five KFTC.

0:14:24.560 --> 0:14:31.760
<v Speaker 1>Strong he yet gass or.

0:14:31.840 --> 0:14:35.120
<v Speaker 2>Entrologists are now saying that people can avoid getting hemorrhoids

0:14:35.280 --> 0:14:37.520
<v Speaker 2>if they just stop sitting on a toilet for a

0:14:37.560 --> 0:14:39.840
<v Speaker 2>long time while scrolling on their phones.

0:14:40.720 --> 0:14:48.120
<v Speaker 1>No, I agree, I don't care what you say. Oh

0:14:48.360 --> 0:14:50.240
<v Speaker 1>so good news, good news.

0:14:50.360 --> 0:14:53.240
<v Speaker 2>I was shopping for like a four hundred and fifty

0:14:53.240 --> 0:14:56.720
<v Speaker 2>five hundred million dollar a yacht, and at one point

0:14:56.720 --> 0:14:58.120
<v Speaker 2>I thought, you know, I could just buy a three

0:14:58.200 --> 0:15:00.800
<v Speaker 2>hundred million dollar lot and Judy said, Joe, you'll.

0:15:00.600 --> 0:15:04.360
<v Speaker 1>Be deal regret it by quality. Good news.

0:15:04.480 --> 0:15:09.560
<v Speaker 2>Jeff Bezos is selling his half billion dollar Meggie yacht Krew.

0:15:09.440 --> 0:15:12.560
<v Speaker 1>How long did he have it? A year? No, he

0:15:12.640 --> 0:15:15.200
<v Speaker 1>bought it. I can't remember when they said a few

0:15:15.240 --> 0:15:18.600
<v Speaker 1>years ago. The support ship that goes.

0:15:18.400 --> 0:15:22.120
<v Speaker 2>Along with it. What's the support ship? The support ship

0:15:22.160 --> 0:15:23.760
<v Speaker 2>is seventy five million dollars?

0:15:23.880 --> 0:15:25.760
<v Speaker 1>Wow? Yeah, no kidding.

0:15:25.800 --> 0:15:27.960
<v Speaker 2>It costs thirty million dollars per year to operate the

0:15:27.960 --> 0:15:30.320
<v Speaker 2>two ships together, which is something else.

0:15:30.520 --> 0:15:33.680
<v Speaker 1>Why is he selling it? I don't know. His wife

0:15:33.680 --> 0:15:36.400
<v Speaker 1>got tired of it. I think she makes all the decisions.

0:15:38.200 --> 0:15:40.480
<v Speaker 2>The vote was so big it was denied. A mooring

0:15:40.560 --> 0:15:43.160
<v Speaker 2>in Monaco is just too big. Oh, and going on

0:15:43.200 --> 0:15:45.560
<v Speaker 2>the yacht again. I'm so tired of it. It's so

0:15:45.760 --> 0:15:47.280
<v Speaker 2>twenty twenty two.

0:15:48.560 --> 0:15:48.920
<v Speaker 1>Anyway.

0:15:49.040 --> 0:15:51.800
<v Speaker 2>So this article includes a shot of Bezos with his

0:15:52.000 --> 0:15:58.040
<v Speaker 2>new wife, Lauren Sanchez with her fake bubs, which is fine,

0:15:58.440 --> 0:16:01.800
<v Speaker 2>But did you mention him then her? Because it's the

0:16:01.920 --> 0:16:05.680
<v Speaker 2>premise of what I'm talking about. Wait a minute, and

0:16:05.800 --> 0:16:09.560
<v Speaker 2>her obviously carved up face and her lips so large

0:16:09.600 --> 0:16:14.000
<v Speaker 2>a toddler could sleep on them. She looks utterly, utterly unnatural.

0:16:14.120 --> 0:16:17.720
<v Speaker 2>Aim I come to this story. It's a guest essay

0:16:17.720 --> 0:16:20.520
<v Speaker 2>in the New York Times. Rich people didn't look like

0:16:20.600 --> 0:16:24.000
<v Speaker 2>this before. Amy O'Dell, who's written a bunch of books.

0:16:24.000 --> 0:16:29.480
<v Speaker 2>But she says it's so hard now to differentiate yourself

0:16:29.520 --> 0:16:33.280
<v Speaker 2>from the poor people as a rich person, because you

0:16:33.320 --> 0:16:36.080
<v Speaker 2>can get an air Mais bag or however you pronounce that,

0:16:36.720 --> 0:16:39.280
<v Speaker 2>or whatever, super designer bag, or a knockoff or a

0:16:39.280 --> 0:16:42.280
<v Speaker 2>factory second or whatever you got. All sorts of people

0:16:42.280 --> 0:16:45.880
<v Speaker 2>are traveling in the exotic locations. The new symbol of

0:16:46.000 --> 0:16:48.840
<v Speaker 2>I'm so rich, I don't I can do anything is

0:16:48.880 --> 0:16:54.960
<v Speaker 2>you get your face carved up? You have rich person face. Wow.

0:16:56.000 --> 0:16:58.560
<v Speaker 2>As a guy who's been to Rodeo Drive quite a

0:16:58.560 --> 0:17:01.720
<v Speaker 2>few times in the last five years.

0:17:01.280 --> 0:17:03.960
<v Speaker 1>Uh, that rings true.

0:17:04.800 --> 0:17:08.800
<v Speaker 2>The super rich people whose ridiculous car pulls up and

0:17:08.840 --> 0:17:13.000
<v Speaker 2>they get out, they all are carved up. But there's

0:17:13.040 --> 0:17:15.560
<v Speaker 2>just too many people with fancy cars and fancy handbags

0:17:15.560 --> 0:17:16.440
<v Speaker 2>and travel in the world.

0:17:16.480 --> 0:17:19.520
<v Speaker 1>Like you said, so right, How am I to know

0:17:19.720 --> 0:17:20.960
<v Speaker 1>that I'm the super rich?

0:17:20.960 --> 0:17:22.760
<v Speaker 2>How do I make it obvious when I walk into

0:17:22.760 --> 0:17:24.360
<v Speaker 2>a room that I'm part of the super rich?

0:17:24.520 --> 0:17:25.640
<v Speaker 1>I look ridiculous?

0:17:26.200 --> 0:17:28.439
<v Speaker 2>You know there are there are procedures that cost one

0:17:28.520 --> 0:17:32.320
<v Speaker 2>hundred and fifty thou three hundred thousand dollars. Plastic surgeons

0:17:32.320 --> 0:17:35.480
<v Speaker 2>in Washington, for instance, are navigating a surgeon requests for

0:17:35.880 --> 0:17:41.159
<v Speaker 2>Mara Lago face. This actually makes sense to me. Let

0:17:41.200 --> 0:17:42.600
<v Speaker 2>many of these stories don't make sense to me, and

0:17:42.600 --> 0:17:44.480
<v Speaker 2>I think are made up. This one is true.

0:17:45.240 --> 0:17:46.960
<v Speaker 1>Yeah, it's they go into detail.

0:17:47.119 --> 0:17:50.359
<v Speaker 2>It's the you can't get a fake handbag that looks

0:17:50.400 --> 0:17:53.879
<v Speaker 2>just like mine. This my face is all carved up

0:17:53.880 --> 0:17:56.040
<v Speaker 2>and you know it, and I which shows that I

0:17:56.040 --> 0:17:59.040
<v Speaker 2>have money and one ship is saled. Magazines such as

0:17:59.119 --> 0:18:01.639
<v Speaker 2>Vogue and Lure and no longer advising readers just on

0:18:01.720 --> 0:18:05.080
<v Speaker 2>fashion stuff. But when, not if when they should get

0:18:05.119 --> 0:18:09.480
<v Speaker 2>facelifts and explain plast these a blefaro plastis, and it

0:18:09.520 --> 0:18:11.840
<v Speaker 2>explains why they go too far, because it has to

0:18:11.840 --> 0:18:15.200
<v Speaker 2>be obvious. Subtle doesn't work, It has to be obviously.

0:18:15.280 --> 0:18:17.080
<v Speaker 2>I get my lips done, my eyes done, all that

0:18:17.119 --> 0:18:19.400
<v Speaker 2>sort of stuff. Natural is the last thing they want.

0:18:19.520 --> 0:18:23.200
<v Speaker 1>Yeah. Wow, How on Hunger Games, Armstrong and.

0:18:23.119 --> 0:18:28.040
<v Speaker 3>Getty you talk about California or the envy of the world.

0:18:28.480 --> 0:18:31.800
<v Speaker 3>California is dominant. We also have seen the last three

0:18:31.880 --> 0:18:35.320
<v Speaker 3>years population growth. We've got to update our talking points.

0:18:35.480 --> 0:18:38.640
<v Speaker 3>We've seen a nine percent decline in unsheltered homelessness. Got

0:18:38.640 --> 0:18:41.399
<v Speaker 3>to update our talking points. We've seen a sixty percent

0:18:41.520 --> 0:18:45.800
<v Speaker 3>increase in permits for housing. We've got to update talking points.

0:18:46.000 --> 0:18:48.639
<v Speaker 3>I'm very proud of the state of California.

0:18:53.200 --> 0:18:55.240
<v Speaker 2>Was that edited Hanson or is that actually the way

0:18:55.280 --> 0:18:56.320
<v Speaker 2>he presented it?

0:18:56.400 --> 0:18:59.120
<v Speaker 1>How he presented it? Interesting? Subnoxious?

0:18:59.320 --> 0:19:02.800
<v Speaker 2>I saw an anti Gavin ad by one of the

0:19:02.840 --> 0:19:05.919
<v Speaker 2>gubernatorial candidates over the weekend. I guess where does that

0:19:05.960 --> 0:19:10.359
<v Speaker 2>whole California is the fourth biggest economy on Earth thing? Uh,

0:19:10.520 --> 0:19:12.880
<v Speaker 2>if it were its own country, which you say is misleading,

0:19:12.920 --> 0:19:14.000
<v Speaker 2>and I've always wondered about that.

0:19:14.320 --> 0:19:16.040
<v Speaker 1>We should we should go deep on that someday.

0:19:16.040 --> 0:19:19.680
<v Speaker 2>But it also went with if California was its own country,

0:19:19.720 --> 0:19:21.960
<v Speaker 2>you'd be about the most expensive country on Earth. And

0:19:22.040 --> 0:19:24.720
<v Speaker 2>here's why. That I thought was really interesting. We should

0:19:24.720 --> 0:19:25.520
<v Speaker 2>get into that later.

0:19:25.920 --> 0:19:27.080
<v Speaker 1>You liked living in Monaco.

0:19:27.400 --> 0:19:30.000
<v Speaker 2>So Gavy Boy was on with Bill Maher, and I

0:19:30.000 --> 0:19:31.800
<v Speaker 2>think a lot of us were excited about that that

0:19:31.920 --> 0:19:35.840
<v Speaker 2>the great reformed liberal, the great speaker of truth to power,

0:19:35.920 --> 0:19:38.520
<v Speaker 2>Bill Maher would rake Gavey over the coals. But no,

0:19:38.600 --> 0:19:41.560
<v Speaker 2>it turns out their buddies and he just softballed them.

0:19:41.640 --> 0:19:47.919
<v Speaker 2>And it was incredibly disappointing. This was at least something.

0:19:47.840 --> 0:19:50.040
<v Speaker 1>Gavin, you got you got to get rid of the train.

0:19:50.160 --> 0:19:50.480
<v Speaker 2>The train.

0:19:51.000 --> 0:19:52.480
<v Speaker 1>I say this as a friend, you got to let

0:19:52.480 --> 0:19:54.359
<v Speaker 1>that train go. Let the train go.

0:19:54.600 --> 0:19:57.400
<v Speaker 3>It's up to two hundred and thirty one billions.

0:19:57.760 --> 0:19:58.520
<v Speaker 1>It's not we're doing.

0:19:58.640 --> 0:20:00.399
<v Speaker 3>We're doing one hundred and nineteen million dollar segment.

0:20:00.480 --> 0:20:01.440
<v Speaker 1>We got it back on track.

0:20:01.440 --> 0:20:04.600
<v Speaker 3>It goes back three administrations and inherited a mess. We

0:20:04.680 --> 0:20:06.960
<v Speaker 3>put it back on track. All the environmental work is

0:20:07.000 --> 0:20:10.280
<v Speaker 3>behind us. We're actually laying the track. All the legal litigation,

0:20:10.400 --> 0:20:13.080
<v Speaker 3>all the land issues are all behind us. We're actually

0:20:13.119 --> 0:20:16.600
<v Speaker 3>making this project work. And so that's a fact now

0:20:16.640 --> 0:20:20.080
<v Speaker 3>on the issue of California. So for whatever reason, of

0:20:20.119 --> 0:20:22.200
<v Speaker 3>course it has and you can't make up for the past.

0:20:22.240 --> 0:20:23.240
<v Speaker 1>I can only make up.

0:20:23.119 --> 0:20:27.760
<v Speaker 3>For my reuniity segments and figuritively as governor over the

0:20:27.800 --> 0:20:28.639
<v Speaker 3>last seven years.

0:20:28.720 --> 0:20:32.080
<v Speaker 2>Whatever reason, Bill Maher decided to not say. This week,

0:20:32.359 --> 0:20:36.879
<v Speaker 2>the California Bullet Train Association on their own website said

0:20:36.880 --> 0:20:38.920
<v Speaker 2>they had updated the total to whatever.

0:20:38.680 --> 0:20:40.920
<v Speaker 1>It is, two hundred and thirty one billion.

0:20:41.080 --> 0:20:44.840
<v Speaker 2>Yeah, And experts who are like, if you're serious about

0:20:45.359 --> 0:20:47.439
<v Speaker 2>the building this thing even close to his promise, say

0:20:47.480 --> 0:20:49.520
<v Speaker 2>it's going to be like four hundred to five hundred billion.

0:20:50.440 --> 0:20:55.960
<v Speaker 2>So Gavin was just flat outlying his own high speed

0:20:56.040 --> 0:20:58.360
<v Speaker 2>rail commission set two hundred and thirty one billion. He said, Oh,

0:20:58.359 --> 0:21:01.320
<v Speaker 2>that's not true at all. It's just a liar. What

0:21:01.359 --> 0:21:04.240
<v Speaker 2>does that mean? And then I pushed upon it because

0:21:04.240 --> 0:21:05.960
<v Speaker 2>I'd like to have heard what Gavin would say about that.

0:21:06.640 --> 0:21:11.159
<v Speaker 2>Trump blasted out this long truth about how low rated

0:21:11.240 --> 0:21:14.760
<v Speaker 2>Bill Maher is irrelevant. He's a weak and ineffective person,

0:21:14.840 --> 0:21:16.840
<v Speaker 2>he was scared when he came to the White House

0:21:18.040 --> 0:21:22.200
<v Speaker 2>and just terrible. Apparently more talented than Kimmel. And Gavin's

0:21:22.200 --> 0:21:26.359
<v Speaker 2>a liar, which is true. Look at La San Francisco,

0:21:26.400 --> 0:21:29.720
<v Speaker 2>the horrendous homeless problem, over at the railway catastrophe, blah

0:21:29.760 --> 0:21:30.280
<v Speaker 2>blah blah.

0:21:30.280 --> 0:21:32.720
<v Speaker 1>Anyway, So speaking of progressive.

0:21:32.280 --> 0:21:35.119
<v Speaker 2>I'm not sure being a liar works at all anymore

0:21:35.240 --> 0:21:40.919
<v Speaker 2>as a thinking that'll bring somebody down. As I keep saying,

0:21:41.240 --> 0:21:44.240
<v Speaker 2>I think Trump figured out, and now Gavin figured out.

0:21:44.240 --> 0:21:45.680
<v Speaker 1>Oh I k I get it. Now.

0:21:46.280 --> 0:21:51.879
<v Speaker 2>Nobody your own people never hear the pushback, so you

0:21:51.920 --> 0:21:53.040
<v Speaker 2>don't have to worry about it.

0:21:53.600 --> 0:21:54.800
<v Speaker 1>Yeah, he just said.

0:21:54.560 --> 0:22:00.240
<v Speaker 2>Something wildly untrue and got applause for it. So Yeah, Yeah,

0:22:00.280 --> 0:22:03.199
<v Speaker 2>I think you're right. It's bubble politics, and he's a

0:22:03.240 --> 0:22:08.480
<v Speaker 2>fairly you know, expert practitioner of it. So speaking of

0:22:08.520 --> 0:22:16.360
<v Speaker 2>the progressive Seattle and it's utterly fuzzy headed, progressive dream world, rainy,

0:22:16.480 --> 0:22:24.760
<v Speaker 2>pine tree soaked waterfront brand of progressivism. Elected this woman child,

0:22:24.920 --> 0:22:29.679
<v Speaker 2>Katie Wilson in November. An avowed socialist who's been on

0:22:29.840 --> 0:22:32.720
<v Speaker 2>an allowance of ten thousand dollars a year from her

0:22:32.760 --> 0:22:34.040
<v Speaker 2>parents because life.

0:22:33.840 --> 0:22:35.680
<v Speaker 1>Is kind of expected. She's expensive.

0:22:35.760 --> 0:22:42.199
<v Speaker 2>She's forty three, forty three, a socialist who mommy and

0:22:42.320 --> 0:22:48.000
<v Speaker 2>daddy finance, which is honestly the history of most socialist thinkers.

0:22:48.040 --> 0:22:50.600
<v Speaker 2>Quote unquote, Oh, I went to the May Day celebration

0:22:50.680 --> 0:22:54.680
<v Speaker 2>in my town Friday. I was driving by the park

0:22:54.720 --> 0:22:56.800
<v Speaker 2>and saw all the communist flags and stuff like us.

0:22:56.880 --> 0:22:59.560
<v Speaker 2>Oh right, it's Mayday and I live in Davis, California.

0:23:00.800 --> 0:23:02.640
<v Speaker 2>There's a gathering in the park. I'll have to talk

0:23:02.680 --> 0:23:06.680
<v Speaker 2>about that later. Yeah, please wow. So, nine days after

0:23:06.720 --> 0:23:12.000
<v Speaker 2>winning Seattle's November mayoral election, Katie Wilson joined the Starbucks baristas,

0:23:12.040 --> 0:23:15.840
<v Speaker 2>who were picketing and pledging to boycott the coffee conglomerate

0:23:15.880 --> 0:23:19.359
<v Speaker 2>until the union gets its way. And then in March

0:23:20.800 --> 0:23:23.120
<v Speaker 2>not long ago, the chain said, you know, we're closing

0:23:23.160 --> 0:23:27.000
<v Speaker 2>five additional stores in Seattle, including four that had unionized,

0:23:27.880 --> 0:23:31.280
<v Speaker 2>poor financial performance, bad customer experience. And by the way,

0:23:31.520 --> 0:23:36.159
<v Speaker 2>last week they announced we're establishing our new corporate headquarters

0:23:36.160 --> 0:23:39.159
<v Speaker 2>in Nashville, and we're gonna invest one hundred million dollars

0:23:39.240 --> 0:23:42.600
<v Speaker 2>in bring two thousand jobs to Nashville.

0:23:41.920 --> 0:23:43.160
<v Speaker 1>And out of here. Goodbye.

0:23:43.840 --> 0:23:46.400
<v Speaker 2>And the forty three year old missus Wilson, who gets

0:23:46.400 --> 0:23:49.720
<v Speaker 2>the allowance from her mommy and daddy is defiance about

0:23:49.720 --> 0:23:53.119
<v Speaker 2>the the defiant about the consequences of her antagonism towards

0:23:53.160 --> 0:23:56.639
<v Speaker 2>successful people who create value for society. That is a

0:23:56.720 --> 0:24:02.800
<v Speaker 2>quote from the Washington Post editorial The Washington Post, speaking

0:24:02.800 --> 0:24:06.160
<v Speaker 2>recently at a Seattle University event, the mayor brushed off

0:24:06.240 --> 0:24:10.040
<v Speaker 2>claims the taxpayers are going to respond poorly to higher taxes.

0:24:10.480 --> 0:24:12.520
<v Speaker 1>I think the claims that millionaires are going to leave

0:24:12.560 --> 0:24:16.159
<v Speaker 1>our state are like super overblown. And if you know

0:24:16.240 --> 0:24:18.359
<v Speaker 1>the ones that leave, like bye.

0:24:18.800 --> 0:24:18.960
<v Speaker 3>So.

0:24:24.520 --> 0:24:27.360
<v Speaker 2>I will quote her and somebody if you are skilled

0:24:27.359 --> 0:24:31.720
<v Speaker 2>in calligraphy, please please scratch.

0:24:31.400 --> 0:24:33.600
<v Speaker 1>This down in that fancy fancy funt.

0:24:34.040 --> 0:24:36.520
<v Speaker 2>I think the claims that millionaires are going to leave

0:24:36.560 --> 0:24:39.600
<v Speaker 2>our state, are like super overblown?

0:24:39.840 --> 0:24:44.520
<v Speaker 1>And if the ones that leave like by and then

0:24:44.640 --> 0:24:46.320
<v Speaker 1>cheers that sentence again.

0:24:46.400 --> 0:24:53.200
<v Speaker 2>And if the ones that leave like by, oh boy.

0:24:53.720 --> 0:24:55.400
<v Speaker 1>And then the Washington Post editorial.

0:24:55.520 --> 0:24:59.760
<v Speaker 2>So does she not realize that millionaires and billionaires pay

0:25:00.400 --> 0:25:02.000
<v Speaker 2>the vast majority of all the taxes?

0:25:03.359 --> 0:25:06.879
<v Speaker 1>H she? Well, crowd, do they not know the math

0:25:06.920 --> 0:25:07.159
<v Speaker 1>on that?

0:25:08.600 --> 0:25:10.919
<v Speaker 2>Or are they just being populists and that it plays

0:25:10.960 --> 0:25:13.920
<v Speaker 2>well because most people don't know the math on that,

0:25:13.920 --> 0:25:16.560
<v Speaker 2>that it's millionaires and billionaires that are paying practically all

0:25:16.600 --> 0:25:19.280
<v Speaker 2>the taxes, and without them, you're doomed.

0:25:19.400 --> 0:25:21.040
<v Speaker 1>And if you could, as has.

0:25:20.920 --> 0:25:23.640
<v Speaker 2>Been pointed out many people by many people, you could,

0:25:23.760 --> 0:25:28.800
<v Speaker 2>you could confiscate all the billionaires wealth, just confiscate at all,

0:25:29.080 --> 0:25:31.120
<v Speaker 2>and we still wouldn't make a dent in our overall

0:25:31.720 --> 0:25:34.399
<v Speaker 2>federal problem with UH, with our entitlements.

0:25:34.880 --> 0:25:35.080
<v Speaker 1>Right.

0:25:35.160 --> 0:25:37.199
<v Speaker 2>I'm reminded of the quote from Thomas Soul we hit

0:25:37.200 --> 0:25:39.159
<v Speaker 2>the folks with just open the show or toward the

0:25:39.160 --> 0:25:43.080
<v Speaker 2>beginning of the show, and I'll hit you with it

0:25:43.119 --> 0:25:45.520
<v Speaker 2>in a second. But the answer to your question, I

0:25:45.560 --> 0:25:49.440
<v Speaker 2>think is that Katie Wilson has no idea how wealth

0:25:49.520 --> 0:25:54.840
<v Speaker 2>is created. She believes many things to be true, particularly

0:25:54.880 --> 0:25:56.920
<v Speaker 2>on the topic of economics.

0:25:56.400 --> 0:25:57.879
<v Speaker 1>That simply are not true.

0:25:58.720 --> 0:26:01.600
<v Speaker 2>She has been, you know, there's there's always been the

0:26:01.640 --> 0:26:06.760
<v Speaker 2>contrast between book smart and street smart. The problem in

0:26:06.800 --> 0:26:10.199
<v Speaker 2>the modern day is that book smart is a fictional

0:26:11.000 --> 0:26:15.400
<v Speaker 2>book smart is utterly like in contrast to what happens

0:26:15.440 --> 0:26:18.159
<v Speaker 2>in the real world on the street. So these people,

0:26:18.160 --> 0:26:20.359
<v Speaker 2>these socialists, come out with these ideas that are just

0:26:20.840 --> 0:26:23.560
<v Speaker 2>hair brained. They don't make sense, they don't work. They've

0:26:23.640 --> 0:26:26.280
<v Speaker 2>they've been tested over and over again and failed over

0:26:26.320 --> 0:26:28.800
<v Speaker 2>and over again. As Thomas Sowel said, what do the

0:26:28.880 --> 0:26:31.320
<v Speaker 2>poor most need? They need to stop being poor? And

0:26:31.320 --> 0:26:33.560
<v Speaker 2>how can that be done on a mass scale except

0:26:33.560 --> 0:26:36.679
<v Speaker 2>by an economy that creates vastly more wealth. Yet, the

0:26:36.720 --> 0:26:39.920
<v Speaker 2>political left, Katie Wilson, has long had a remarkable lack

0:26:40.000 --> 0:26:43.080
<v Speaker 2>of interest in how wealth is created. As far as

0:26:43.119 --> 0:26:46.440
<v Speaker 2>they're concerned, wealth exists somehow, and the only interesting question

0:26:46.520 --> 0:26:47.719
<v Speaker 2>is how to redistribute it.

0:26:48.600 --> 0:26:50.280
<v Speaker 1>I think that's the long and short of it.

0:26:51.320 --> 0:26:54.359
<v Speaker 2>She thinks, like you're Jerry's Brown and you're, you know,

0:26:55.240 --> 0:26:57.560
<v Speaker 2>all sorts of progressives all over the place. That wealth

0:26:57.640 --> 0:26:59.879
<v Speaker 2>just exists and the only question is how to divide up.

0:26:59.880 --> 0:27:04.920
<v Speaker 2>They never think about creating it because they can't. Back

0:27:04.920 --> 0:27:08.080
<v Speaker 2>to the Washington Post, her arrogance is increasingly typical of

0:27:08.119 --> 0:27:12.040
<v Speaker 2>the state's political elites. In March, there the governor signed

0:27:12.320 --> 0:27:14.480
<v Speaker 2>Bob Ferguson signed in a law a millionaire's tax that

0:27:14.480 --> 0:27:16.879
<v Speaker 2>would add an additional ten percent or so rate on

0:27:16.960 --> 0:27:18.600
<v Speaker 2>incomes over a million dollars.

0:27:18.480 --> 0:27:22.840
<v Speaker 1>Percent at once. Oh my god, with the tax on

0:27:22.880 --> 0:27:23.480
<v Speaker 1>the horizon.

0:27:23.640 --> 0:27:26.359
<v Speaker 2>That's when the CEO of Starbucks are a guy who

0:27:26.400 --> 0:27:29.560
<v Speaker 2>started Starbucks, announced he was leaving and claimed it wasn't

0:27:29.600 --> 0:27:33.280
<v Speaker 2>related to that. Former Starbucks CEO Howard Schultz announced that

0:27:33.320 --> 0:27:35.600
<v Speaker 2>he and his wife are leaving Seattle for Miami. Florida

0:27:35.640 --> 0:27:39.040
<v Speaker 2>has no state income tax. Schultz's story weather, he said

0:27:40.119 --> 0:27:43.080
<v Speaker 2>speaking to a local TV station last year. Microsoft president

0:27:43.119 --> 0:27:45.000
<v Speaker 2>Brad Smith acknowledged that quote.

0:27:45.320 --> 0:27:47.360
<v Speaker 1>I'm probably more worried.

0:27:47.080 --> 0:27:49.720
<v Speaker 2>Right now about the business climate in Washington than at

0:27:49.760 --> 0:27:52.960
<v Speaker 2>any point over the last thirty years. If other people

0:27:53.000 --> 0:27:55.640
<v Speaker 2>are paying for jobs to leave and we're taxing them

0:27:55.680 --> 0:28:00.960
<v Speaker 2>to stay, that will make everything harder. Brad, just say

0:28:01.000 --> 0:28:02.960
<v Speaker 2>what you mean. I know you don't want to offend

0:28:02.960 --> 0:28:06.560
<v Speaker 2>the stupid little socialists, but say it's going to drive

0:28:06.720 --> 0:28:09.720
<v Speaker 2>business out of Washington. Yeah, I don't say that will

0:28:09.720 --> 0:28:13.320
<v Speaker 2>make everything harder. That's the most annoying part of this

0:28:13.359 --> 0:28:17.959
<v Speaker 2>whole thing is when Walgreens closed its doors in San Francisco,

0:28:18.240 --> 0:28:21.280
<v Speaker 2>it didn't say it's becomes of the policies. There's too

0:28:21.280 --> 0:28:23.080
<v Speaker 2>many junkies on the street and we get robbed all

0:28:23.119 --> 0:28:25.720
<v Speaker 2>the time. They had to pretend it's well, there's cutbacks

0:28:25.720 --> 0:28:28.400
<v Speaker 2>in a difficult economy, in a performing store, the same

0:28:28.440 --> 0:28:30.440
<v Speaker 2>as Schultz Sleeve and Seattle. I remember when he made

0:28:30.440 --> 0:28:33.080
<v Speaker 2>that announcement, and he wouldn't say out loud. He pretended

0:28:33.119 --> 0:28:35.560
<v Speaker 2>it wasn't because of the No, it's a coincidence this

0:28:36.240 --> 0:28:39.719
<v Speaker 2>millionaire's tax that you just passed that I'm moving to Florida.

0:28:39.840 --> 0:28:42.480
<v Speaker 2>Say it out loud, say this is an anti business

0:28:42.600 --> 0:28:45.680
<v Speaker 2>doesn't make sense. Look, I'm a liberal Democrat, but this

0:28:45.720 --> 0:28:48.560
<v Speaker 2>doesn't make any sense. I wish he'd said it out loud. Right,

0:28:48.600 --> 0:28:52.160
<v Speaker 2>you're driving jobs out. Finally, this socialism has failed everywhere,

0:28:52.160 --> 0:28:54.960
<v Speaker 2>but its flaws are exposed much faster in free countries

0:28:55.000 --> 0:28:58.080
<v Speaker 2>like the United States, where individuals and businesses can simply

0:28:58.160 --> 0:29:01.680
<v Speaker 2>leave for more welcoming jurisdictions. The question and this is

0:29:01.680 --> 0:29:04.720
<v Speaker 2>a question we've asked many times, is how much economic

0:29:04.800 --> 0:29:11.120
<v Speaker 2>damage gets done before voters start electing politicians who reverse course. Man,

0:29:11.200 --> 0:29:15.400
<v Speaker 2>my kids were we walked through the May Day celebration,

0:29:15.560 --> 0:29:18.120
<v Speaker 2>and they just kept asking you, how do these people

0:29:18.440 --> 0:29:22.040
<v Speaker 2>believe this? Because they've heard my screed forever that communism

0:29:22.120 --> 0:29:26.160
<v Speaker 2>has killed more people than anything else on earth, more

0:29:26.200 --> 0:29:29.320
<v Speaker 2>than World War two, many more people killed by communism,

0:29:29.400 --> 0:29:32.760
<v Speaker 2>socialism as a way to run your government. And you

0:29:32.840 --> 0:29:34.800
<v Speaker 2>got all those people in the park, would you like

0:29:34.880 --> 0:29:37.920
<v Speaker 2>to help elect a socialist representative?

0:29:38.320 --> 0:29:42.400
<v Speaker 1>People were yelling to me from tables, No, thank you,

0:29:42.400 --> 0:29:43.480
<v Speaker 1>you know jobs.

0:29:44.920 --> 0:29:48.240
<v Speaker 2>It is the political version of a five year old

0:29:48.280 --> 0:29:53.200
<v Speaker 2>saying let's eat candy all day, with absolutely no concept

0:29:53.200 --> 0:29:54.640
<v Speaker 2>of how disastrous that would be.

0:29:54.920 --> 0:29:55.960
<v Speaker 1>The college kids have.

0:29:56.040 --> 0:30:00.760
<v Speaker 3>Been blessed the most, who have disproportionately attracted buy whatever

0:30:00.840 --> 0:30:04.160
<v Speaker 3>skill more and more from the national wealth. They're going

0:30:04.240 --> 0:30:06.520
<v Speaker 3>to have to share more of that.

0:30:06.520 --> 0:30:09.560
<v Speaker 2>That is one of the worst statements ever made the

0:30:09.960 --> 0:30:15.640
<v Speaker 2>four term governor of California. I understand the young people

0:30:15.640 --> 0:30:17.400
<v Speaker 2>that were at the May Day celebration, but there's a

0:30:17.440 --> 0:30:20.840
<v Speaker 2>lot of older people that are, including old people walking

0:30:20.840 --> 0:30:23.440
<v Speaker 2>around with their signs like how you've been around for

0:30:23.480 --> 0:30:26.200
<v Speaker 2>a long time. Where has this worked for you? This

0:30:26.240 --> 0:30:30.960
<v Speaker 2>whole communism thing, you nut jobs human beings ability to

0:30:31.000 --> 0:30:34.680
<v Speaker 2>ignore reality is unbelievable. Hey, quick word from our friends.

0:30:34.680 --> 0:30:37.760
<v Speaker 2>It's simply Safe because those scumbags, the progressives keep letting

0:30:37.760 --> 0:30:40.720
<v Speaker 2>out a prisoner coming to steal your stuff. Simply Safe

0:30:40.760 --> 0:30:42.800
<v Speaker 2>is not just a camera that'll send you a text

0:30:42.880 --> 0:30:46.640
<v Speaker 2>like some of these systems. It's a comprehensive ecosystem of sensors,

0:30:46.680 --> 0:30:48.840
<v Speaker 2>cameras for inside and out, and twenty four to seven

0:30:48.880 --> 0:30:51.360
<v Speaker 2>professional monitoring. In the event of a breaking, fire, flood,

0:30:51.520 --> 0:30:54.160
<v Speaker 2>Simply Safe's agents are ready to take action for you

0:30:54.480 --> 0:30:56.800
<v Speaker 2>and make it happen, because.

0:30:56.520 --> 0:30:58.480
<v Speaker 1>I don't want you to loot it back from me.

0:30:58.840 --> 0:31:00.959
<v Speaker 2>I do have these simply Safe set up with all

0:31:01.000 --> 0:31:03.560
<v Speaker 2>the cameras and the sensors and all that sort of stuff,

0:31:03.560 --> 0:31:05.960
<v Speaker 2>and I love it. And it's not very expensive and

0:31:07.360 --> 0:31:09.920
<v Speaker 2>there's no contract. That's how much simply Safe believes you're

0:31:09.920 --> 0:31:11.680
<v Speaker 2>gonna like it. They don't need to lock you into

0:31:11.680 --> 0:31:15.000
<v Speaker 2>a contract. They earn your business every day. Yeah, it's fantastic.

0:31:15.000 --> 0:31:18.160
<v Speaker 2>All sorts of accolades and awards named America's Best customer service.

0:31:18.400 --> 0:31:21.880
<v Speaker 2>And it's a fraction of the cost of traditional brands.

0:31:22.040 --> 0:31:23.840
<v Speaker 2>So if you're thinking, wow, this seems amazing, but I

0:31:23.920 --> 0:31:26.200
<v Speaker 2>can't afford it, no, no, no, it's much more affordable.

0:31:26.600 --> 0:31:28.800
<v Speaker 2>Right now, you good people can get fifty percent off

0:31:28.800 --> 0:31:31.720
<v Speaker 2>your new simply safe system. It's simply safetot com slash Armstrong.

0:31:31.880 --> 0:31:34.720
<v Speaker 2>It's simply safetot com slash Armstrong. There's no safe like

0:31:34.800 --> 0:31:38.760
<v Speaker 2>simply Safe. Now Colorado gets a brief kicking from the

0:31:38.760 --> 0:31:42.000
<v Speaker 2>Wall Street Journal. Entrepreneurs flock to Colorado. Now red tape

0:31:42.040 --> 0:31:46.040
<v Speaker 2>is driving some away. Vocal group of California software engineers

0:31:46.080 --> 0:31:50.040
<v Speaker 2>and venture capitalists are increasingly increasingly grumbling that their techaven

0:31:50.080 --> 0:31:52.440
<v Speaker 2>in the Rocky Mountains is devolving into the place of

0:31:52.440 --> 0:31:59.600
<v Speaker 2>their nightmares, California. Hear that, Gavin, people who actually create wealth,

0:32:00.040 --> 0:32:03.560
<v Speaker 2>say the place of their nightmares is California. They talked

0:32:03.560 --> 0:32:07.600
<v Speaker 2>about how during the twenty tens, the Rocky Mountains from

0:32:07.600 --> 0:32:11.560
<v Speaker 2>Boulder to Colorado Springs was dubbed Silicon Mountain. And now

0:32:11.600 --> 0:32:13.960
<v Speaker 2>you've got a collection of more than three hundred prominent

0:32:14.000 --> 0:32:17.760
<v Speaker 2>business leaders who are saying out loud, all your utopian

0:32:17.800 --> 0:32:21.320
<v Speaker 2>regulations are hindering growth. And dozens of companies are skipping

0:32:21.400 --> 0:32:24.440
<v Speaker 2>town four more welcoming climbs than Colorado.

0:32:24.840 --> 0:32:30.600
<v Speaker 1>Same policies, same results. Duh.

0:32:30.840 --> 0:32:35.960
<v Speaker 2>I just saw the video of that Kentucky Derby winner trainer,

0:32:36.000 --> 0:32:37.960
<v Speaker 2>the first female trainer ever, losing her.

0:32:37.960 --> 0:32:40.120
<v Speaker 1>Sen the worst across the finish line.

0:32:40.120 --> 0:32:43.360
<v Speaker 2>I hadn't seen that, and she goes Berzerko last place

0:32:43.400 --> 0:32:43.960
<v Speaker 2>to first place.

0:32:44.000 --> 0:32:46.280
<v Speaker 1>We'll have to play the audio of that later. That's exciting.

0:32:46.520 --> 0:32:49.120
<v Speaker 1>I guess I feel like beating horses with a stick

0:32:49.160 --> 0:32:52.120
<v Speaker 1>to make a run for being whacked with a stick.

0:32:52.440 --> 0:32:55.120
<v Speaker 2>Barbary more on the way here.

0:33:02.440 --> 0:33:04.280
<v Speaker 1>I missed this over the weekend. Maybe you did too.

0:33:04.440 --> 0:33:08.440
<v Speaker 2>US senators have been banned from trading on prediction markets,

0:33:08.480 --> 0:33:13.000
<v Speaker 2>effective immediately. That happened on Friday. So we're starting on

0:33:13.280 --> 0:33:16.880
<v Speaker 2>saying you can't be betting on things that would influence

0:33:16.960 --> 0:33:20.440
<v Speaker 2>the way you're going to make policy right again right.

0:33:20.720 --> 0:33:24.200
<v Speaker 2>Members of the armed forces, notably shouldn't be doing that either,

0:33:24.680 --> 0:33:27.960
<v Speaker 2>you know, the prediction markets, which really intrigued me because

0:33:28.040 --> 0:33:29.960
<v Speaker 2>you know, we followed the news so carefully and I thought,

0:33:30.160 --> 0:33:32.680
<v Speaker 2>like I predicted Joe Biden wouldn't be the candidate in November.

0:33:32.680 --> 0:33:34.080
<v Speaker 2>I probably could have made a ton of money on it,

0:33:34.120 --> 0:33:37.800
<v Speaker 2>but I'm too lazy to worry about it. But the

0:33:37.880 --> 0:33:44.680
<v Speaker 2>Wall Street journals pointed out today that casual traders lose, lose, lose, lose, lose.

0:33:45.120 --> 0:33:49.280
<v Speaker 2>The sophisticated pros, which are trading firms with access to

0:33:49.440 --> 0:33:53.959
<v Speaker 2>vast streams of data, are eating their lunch. That's who's

0:33:54.200 --> 0:33:57.800
<v Speaker 2>on these things and making a lot of money. The

0:33:57.880 --> 0:34:00.320
<v Speaker 2>journal founds that on one of the big market it's

0:34:00.560 --> 0:34:04.720
<v Speaker 2>sixty seven percent of profits go to zero point one

0:34:04.800 --> 0:34:09.600
<v Speaker 2>percent of accounts. So I'll say that again, two thirds

0:34:09.640 --> 0:34:12.600
<v Speaker 2>of the winds go to a tenth percent of a

0:34:12.680 --> 0:34:15.440
<v Speaker 2>percent of the accounts. That means less than two thousand

0:34:15.480 --> 0:34:18.520
<v Speaker 2>accounts netted a total of nearly half a billion dollars. Now,

0:34:18.520 --> 0:34:20.080
<v Speaker 2>I've never looked at one of these sites, but you

0:34:20.080 --> 0:34:23.440
<v Speaker 2>can bet on like anything, right, Yeah, you buy shares

0:34:23.440 --> 0:34:25.560
<v Speaker 2>in it essentially. That's why it's not a quote unquote

0:34:25.560 --> 0:34:28.680
<v Speaker 2>gambling site. But you know, just you know, will will

0:34:28.800 --> 0:34:35.680
<v Speaker 2>the war with Iran and Wednesday or whatever the hell.

0:34:36.080 --> 0:34:37.920
<v Speaker 2>The people that are making the money do they have

0:34:38.000 --> 0:34:40.480
<v Speaker 2>information that's not available to us, or they just spend

0:34:40.520 --> 0:34:47.600
<v Speaker 2>more time seeking out open information. To reread that sentence,

0:34:48.880 --> 0:34:53.280
<v Speaker 2>sophisticated pros, including trading firms with access to vast streams

0:34:53.280 --> 0:34:56.400
<v Speaker 2>of data. But is that vast streams of data that

0:34:56.440 --> 0:34:58.640
<v Speaker 2>it's not available to me? Is that what that reads as?

0:34:58.680 --> 0:35:01.319
<v Speaker 2>That's what I didn't get. Well, they do this for

0:35:01.360 --> 0:35:04.360
<v Speaker 2>a living. I mean, it's because the interesting things that

0:35:04.480 --> 0:35:06.840
<v Speaker 2>do this, And yeah, I suspect they have access to

0:35:06.880 --> 0:35:08.920
<v Speaker 2>more than you do. One of the interesting things about

0:35:08.920 --> 0:35:11.400
<v Speaker 2>that open source intelligence thing that I follow all the

0:35:11.440 --> 0:35:14.200
<v Speaker 2>time on the wars, there's tons of information that's out there,

0:35:15.000 --> 0:35:17.560
<v Speaker 2>just most people don't take the time or know where

0:35:17.560 --> 0:35:20.839
<v Speaker 2>to look or whatever. Yeah, on one of the other

0:35:21.080 --> 0:35:25.960
<v Speaker 2>big trading markets, the unprofitable users out number the profitable

0:35:26.120 --> 0:35:30.480
<v Speaker 2>by three to one. That's not nearly as shocking to

0:35:30.520 --> 0:35:35.880
<v Speaker 2>me as that that previous percentage. I mean, I'm not

0:35:35.920 --> 0:35:40.560
<v Speaker 2>going to make a prediction, slash bet on something unless

0:35:40.600 --> 0:35:43.759
<v Speaker 2>I'm pretty sure I'm right, And it doesn't shock me that,

0:35:44.480 --> 0:35:48.280
<v Speaker 2>you know, if it's somewhat counterintuitive that, yeah, the losers

0:35:48.320 --> 0:35:52.919
<v Speaker 2>out outpace the winners by three to one, right number

0:35:52.920 --> 0:35:53.080
<v Speaker 2>of them?

0:35:53.080 --> 0:35:54.719
<v Speaker 1>I should say. Betting is a funny thing.

0:35:54.760 --> 0:35:57.200
<v Speaker 2>There's a Norm MacDonald joke where he says, there's this

0:35:57.280 --> 0:36:00.440
<v Speaker 2>guy who lost his shorts betting he'd had on a

0:36:00.440 --> 0:36:03.719
<v Speaker 2>bunch of NBA games and lost, lost, lost everyone, but

0:36:03.960 --> 0:36:06.080
<v Speaker 2>bet on a bunch of NFL games, lost everyone, but

0:36:06.280 --> 0:36:07.560
<v Speaker 2>bet on a bunch of baseball games.

0:36:07.560 --> 0:36:09.960
<v Speaker 1>Lost everyone. What am I gonna do?

0:36:10.000 --> 0:36:12.680
<v Speaker 2>And some guy said, well, there's a hockey match tonight,

0:36:12.719 --> 0:36:14.160
<v Speaker 2>And he said, I don't know any think about hockey.

0:36:15.760 --> 0:36:17.840
<v Speaker 2>That's the joke, Like you didn't know anything about the

0:36:17.880 --> 0:36:21.560
<v Speaker 2>other stuff either that you thought you knew about because

0:36:21.600 --> 0:36:24.200
<v Speaker 2>you lost them those also, I mean that's kind of

0:36:24.200 --> 0:36:28.319
<v Speaker 2>where you come down on a lot of betting, right, Yeah,

0:36:28.600 --> 0:36:37.399
<v Speaker 2>it was easily predictable. Then that's interesting. So it's funny. Well,

0:36:37.440 --> 0:36:39.480
<v Speaker 2>I don't want outlawed. Do you you want it outlawed

0:36:39.520 --> 0:36:42.040
<v Speaker 2>or anything? Not that we could out low? Probably it

0:36:42.080 --> 0:36:44.920
<v Speaker 2>exists offshore. No, I really don't even know what to

0:36:44.960 --> 0:36:47.960
<v Speaker 2>do about these things. I don't know even if you

0:36:48.080 --> 0:36:51.719
<v Speaker 2>decided that you know the balance of liberty and order,

0:36:52.000 --> 0:36:53.839
<v Speaker 2>you know, blah blah blah.

0:36:53.360 --> 0:36:54.480
<v Speaker 1>Yes we need to ban it.

0:36:54.840 --> 0:36:59.920
<v Speaker 2>Then the how, as you point out, is an enormous problem.

0:37:00.440 --> 0:37:02.920
<v Speaker 2>Not having US senators involved in it seems like a

0:37:02.960 --> 0:37:07.600
<v Speaker 2>good idea, though Journal's analysis polymarket trading debt and indicates

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<v Speaker 2>typical users down between a dollar and one hundred dollars.

0:37:11.400 --> 0:37:13.719
<v Speaker 1>Oh that's fine. Yeah, you're just having some fun with

0:37:13.760 --> 0:37:15.640
<v Speaker 1>some major world events. Yeah.

0:37:15.760 --> 0:37:19.200
<v Speaker 2>Yeah, be smart. If you're stupid, bad stuff happens. Play

0:37:19.239 --> 0:37:22.560
<v Speaker 2>stupid games, win stupid prizes. We're gonna talk to Mike

0:37:22.719 --> 0:37:26.200
<v Speaker 2>Lyons about whatever we're doing, Operation Freedom. Have you heard about?

0:37:26.239 --> 0:37:28.080
<v Speaker 2>This just started yesterday. We're gonna talk to him to

0:37:28.120 --> 0:37:30.360
<v Speaker 2>kick off hour three. If you miss a good podcast

0:37:31.800 --> 0:37:32.960
<v Speaker 2>Armstrong and Getty