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Speaker 1: Cable news is ripping us apart, dividing the nation, making

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Speaker 1: of what is sure to be one of the most

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Speaker 1: pivotal moments in American history. So what are you waiting for?

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Speaker 1: Go to Breakingpoints dot com to help us out. Good morning, everybody,

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Speaker 1: Happy Monday. We have an amazing show for everybody today,

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Speaker 1: extra amazing because we're back, finally back, Crystal. We do

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Speaker 1: nice to be back in the chair. We did miss you, guys.

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Speaker 1: I'll know, it's a little bit nice to have a

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Speaker 1: week off. Yeah, Reset, refresh. If I say anything, blame

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Speaker 1: it on jet Lab. I'm still blaming long Covid for

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Speaker 1: any talk that I have from here on out. Before

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Speaker 1: we get to what's in the show, we do have

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Speaker 1: a couple of announcements off the top that I do

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Speaker 1: not want to forget. Number one live show. Let's go

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Speaker 1: and put that up there on the screen. We're getting

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Speaker 1: closer and closer to that date, September sixteenth, seven thirty

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Speaker 1: pm Eastern Time in Atlanta, Georgia. It's gonna be the first, man,

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Speaker 1: I know, I'm really excited. We're already planning, making sure

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Speaker 1: it's going to be a great tour. This is going

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Speaker 1: to be the first of many. But as we've said,

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Speaker 1: if you can help us out of my tickets to

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Speaker 1: this first one, help show the industry venues, et cetera,

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Speaker 1: The link is going to be at the very top

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Speaker 1: of your premium newsletter for all of those who have

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Speaker 1: done so so far, it is so deeply appreciated and

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Speaker 1: if you can continue to do so, if you're one

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Speaker 1: of those people, if you can afford it, it deeply,

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Speaker 1: deeply is important to the show and we're just so grateful.

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Speaker 1: Yeah to all of you. Absolutely, and a lot of

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Speaker 1: you have already upgraded, yeah, which I want to thank

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Speaker 1: you for. The response to the promotion has been really strong,

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Speaker 1: and again it just really helps us out for this

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Speaker 1: year as we're planning for the midterms, so we're thinking

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Speaker 1: about bringing another person on. It just really helps us

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Speaker 1: to plan all of that. Okay, In the show today,

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Speaker 1: we do have some new developments out of Uvaldi and

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Speaker 1: actually some new indications that politically this is hurting Texas

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Speaker 1: Republicans in terms of their failed response to the massacre

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Speaker 1: of those students in that town. We also have a

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Speaker 1: sort of deal between Russia and Ukraine on shipping out

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Speaker 1: grade through the Black Sea, but then Russia immediately started

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Speaker 1: showing the port city that the grad is supposed to

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Speaker 1: go out of. So we've got all of those updates

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Speaker 1: for you. Also, Democrats finally making some intelligent political moves

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Speaker 1: in the how House and the Senate putting Republicans on

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Speaker 1: the spot with some tough votes on gay marriage and

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Speaker 1: contraception access and also some related to abortion. So we'll

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Speaker 1: give you those breakdowns, new numbers about exactly who is

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Speaker 1: to blame for the chaos at American airports. And by

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Speaker 1: the way, it is exactly what you think. It is

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Speaker 1: the airline's fault, in spite of all of their attempts

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Speaker 1: to blame shift, it is their fault. And of course

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Speaker 1: Pee Boodage in charge of the Department of Transportation doing

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Speaker 1: nothing and also sort of really gaslighting the public about

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Speaker 1: exactly how on top of the issue he has been. Also, guys,

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Speaker 1: stock alert here for those of you who are you

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Speaker 1: making moves in the market. Paul Pelosi, Nancy Pelosi's husband,

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Speaker 1: making some big moves ahead of some potential legislation with

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Speaker 1: regards to chips. So we will tell you about that.

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Speaker 1: But Sager, we did want to start with the very

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Speaker 1: latest out of the investigation in Uvalde. Yeah, we got

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Speaker 1: to say, on top of this story, and when we

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Speaker 1: were looking over the things of the last week, yes,

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Speaker 1: I know Biden has COVID, fine, you know, wish him

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Speaker 1: the best, but this is always going to be one

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Speaker 1: that we want to try and stick to as much

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Speaker 1: as possible, because the reports out of it everyone seems

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Speaker 1: to be more unbelievable than the next. And we finally

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Speaker 1: have some even more horrific details. Put this up there

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Speaker 1: on the screen now. The latest report out of the

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Speaker 1: state of Texas is at eighty page reports basically being

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Speaker 1: obtained by multiple media outlets. This was realed by authorities

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Speaker 1: the Texas State Senate and others, tells us that nearly

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Speaker 1: four hundred four hundred law enforcement officials were outside and

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Speaker 1: had rushed to the mass shooting before they had actually

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Speaker 1: gone in breached the door. This picture that those who

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Speaker 1: are watching can just see in front of you is

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Speaker 1: literally of a officer standing in front of other officers

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Speaker 1: with his hands up like this, preventing them from going

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Speaker 1: into the hallway to where the shooter was located. And

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Speaker 1: throughout that report they blame quote systemic failures. Yeah, you

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Speaker 1: think for exactly what exactly happened here. I think it's

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Speaker 1: horrific because they really just point to the fact that,

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Speaker 1: as we'd already learned, if these guys had done their jobs,

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Speaker 1: the shooter could have been neutralized within three minutes of

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Speaker 1: the shooting three minutes, and we already know based upon

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Speaker 1: video evidence, that there were not only officers on the scene.

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Speaker 1: There were officers. They didn't just have handguns, they had

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Speaker 1: high powered rifles like they had what they needed. There

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Speaker 1: even was an officer there who had a riot shield

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Speaker 1: or some sort of ballistic shield that could have been used.

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Speaker 1: As we also know, the door itself was unlocked, and

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Speaker 1: they spent twenty to thirty odd minutes, you know, kind

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Speaker 1: of faking around trying to quote find the key, even

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Speaker 1: though they didn't need a key. Nobody even asked for

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Speaker 1: a key in the initial thirty minutes of what was happening.

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Speaker 1: It Ultimately, it really took a tremendous act of insubordination

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Speaker 1: on behalf of some border patrol officers who were like,

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Speaker 1: you know what, forget it, We're just going to go in. Yeah,

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Speaker 1: and all of that. So all of that is detailed

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Speaker 1: here in the report. But the top line, four hundred

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Speaker 1: four that's almost as many kids who were in the

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Speaker 1: damn school who are on scene, completely insane. Yeah, And

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Speaker 1: I think what it shows is, you know, we've seen

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Speaker 1: so many shifting narratives, and that is actually another piece

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Speaker 1: that came out some talking points that they had about

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Speaker 1: the narrative that they wanted to push that. You heard

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Speaker 1: politicians from Greg Abbott, the governor of Texas on down

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Speaker 1: pushing immediately after this happened, before we knew any of

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Speaker 1: the facts of just how failed this response ultimately was.

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Speaker 1: Then once that narrative starts to fall apart, then there

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Speaker 1: was an attempt to really put one hundred percent of

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Speaker 1: the blame on Pete Arredondo, who is of course in

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Speaker 1: charge of the Uvalde School District Police Force. Now, listen,

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Speaker 1: that dude deserves a lot of blame. But when you've

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Speaker 1: got four hundred law enforcement officers and we're talking about

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Speaker 1: one hundred and fifty Border Patrol agents, ninety one state

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Speaker 1: police officials, and then you have the local PD, you

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Speaker 1: had US federal marshals on the scene, every level of

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Speaker 1: law enforcement, and they all just stand around for an

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Speaker 1: hour and twenty minutes and do nothing. It really does

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Speaker 1: show you how there is some thing that has gone

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Speaker 1: really awry in terms of law enforcement. I mean, we

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Speaker 1: were talking before the show about this Indiana shopping mall

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Speaker 1: where there was a shooting and an ordinary civilian with

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Speaker 1: a gun was able to take this guy out like this,

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Speaker 1: and you just realized that. You know, something we said

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Speaker 1: from the beginning is you honestly would have had a

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Speaker 1: much more effective, much better, and much less deadly response

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Speaker 1: if just random parents had been given guns and weapons

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Speaker 1: and been able to go in. Because this is an

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Speaker 1: absolute atrocity, the fact that it was every single level. No, no, no,

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Speaker 1: the blame is not on one person. It is on

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Speaker 1: every single person who stood there and did absolutely nothing

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Speaker 1: and was happy to shift the blame, happy to shift

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Speaker 1: the responsibility, happy to pretend that it wasn't their problem. Yeah,

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Speaker 1: this is the twenty two year old in Indiana, Eliza Dick,

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Speaker 1: And I hope I'm saying that right, Elijah, if you're

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Speaker 1: out there, definitely hero and you know, actually just exactly

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Speaker 1: what you're talking about. This is a proficient guy in firearms.

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Speaker 1: He had his gun on him, he actually had you

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Speaker 1: known cover. He was asking people to move behind him

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Speaker 1: as he moved forward, took the shooter out in a

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Speaker 1: matter of minutes, and you have four hundred here. I

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Speaker 1: also do think that unfortunately some of the blame, the

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Speaker 1: most blame has gone towards Pete Rodondo. And look it

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Speaker 1: should and we're about to get to even more of

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Speaker 1: why that guy should be fired and some more cover

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Speaker 1: ups that continue. However, there were federal marshals who are

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Speaker 1: on the scene. I actually got some messages from people

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Speaker 1: who watch the show who are in the Federal Marshals

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Speaker 1: Service US Marshals, and they're like, this is an outrageous

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Speaker 1: They're like, these people are a disgrace to our so

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Speaker 1: they even understand. He was telling me that the way

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Speaker 1: that they train is specifically for situations like this, and

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Speaker 1: they're like, yeah, you know, anybody can expect some small

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Speaker 1: yokal PD not to do the best, but you have

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Speaker 1: guys there with millions of dollars in training, you know,

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Speaker 1: for well supposedly for situations like this, and who don't

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Speaker 1: do anything. I also want to spend some time on

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Speaker 1: that narrative thing that you brought up, because it's very important,

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Speaker 1: which is similar. There were some documents that came out

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Speaker 1: the city of Uldi itself days after the shooting occurs,

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Speaker 1: and they're meeting with the Texas Department of Public Safety

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Speaker 1: going over what went wrong. They are lambasting him for

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Speaker 1: criticizing their response and have created an official government document

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Speaker 1: that was titled narrative, and it has a different version

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Speaker 1: of events from what made you described as the facts,

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Speaker 1: in which they say, oh, well he was barricaded and

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Speaker 1: according to that, well, do we have a different to

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Speaker 1: training regimen complete bs there. They literally trained for this

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Speaker 1: months before in the school where this actually happened. They

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Speaker 1: knew and it even says written in the documents, you

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Speaker 1: may be the first person there and you may have

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Speaker 1: to put your life on the line in order to

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Speaker 1: immediately stop. Everybody knows active shooter situation, that the bleeding

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Speaker 1: stops whenever the shooting stops. And also for those who

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Speaker 1: were coming to these cops defense, they're like, well, you

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Speaker 1: know the majority of the shooting took place in the

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Speaker 1: first three minutes. Okay, let's say you saved one, maybe

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Speaker 1: two lives immediately just in terms of those shots worth it.

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Speaker 1: And then even more so, remember there are people who

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Speaker 1: bled out on that floor. I mean everybody who you know.

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Speaker 1: It's called the golden hour in combat for a reason,

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Speaker 1: because you need an hour or within that hour you

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Speaker 1: have I think it's dramatically exponentially higher likelihood of surviving,

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Speaker 1: like even horrific gunshot wounds. So who knows how many

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Speaker 1: kids may have been in critical condition versus who have

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Speaker 1: been bled out on the course. Another another piece that

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Speaker 1: came out in this report is the fact that they

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Speaker 1: did know the N nine coming from inside the room.

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Speaker 1: And there was a lot of question of that initially

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Speaker 1: of like, oh, maybe they didn't know that there were

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Speaker 1: still kids in there and that those kids were still alive. No, this,

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Speaker 1: this has now been revealed. They knew, they knew that

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Speaker 1: there were kids in there. They're calling nine to one

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Speaker 1: one begging for help as they you know, sort of

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Speaker 1: like bumbled around and pretended like they were finding a

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Speaker 1: key when you've got me new had even the door

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Speaker 1: wasn't even locked. Number one. They didn't even try the knob.

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Speaker 1: That's number one. Number two, And if the door was locked,

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Speaker 1: they had everything they needed within three minutes to force

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Speaker 1: fully reach that door even if it was locked. So

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Speaker 1: it's just it's just mind boggling. It really is not

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Speaker 1: mind boggling to watch four hundred law enforcement officials from

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Speaker 1: every single level, all in their gear, all gi jode

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Speaker 1: up standing around and hoping that someone else is going

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Speaker 1: to deal with the issue. And we also have the

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Speaker 1: video that we've seen. Let's go out that we had

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Speaker 1: been heard described to us. Go and put this up

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Speaker 1: there on the screen. You have Officer Ruben Ruiz here.

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Speaker 1: He is actually a UVALDIPD officer. You could see for

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Speaker 1: those who are watch, he's coming forward with his gun

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Speaker 1: in his hand and he's saying, she's been shot. She's

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Speaker 1: been shot. You can see officers there actually putting their

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Speaker 1: hands around him, kind of pushing him back. Look, there's

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Speaker 1: been some judgment of the guy, like he didn't fight

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Speaker 1: hard enough. That's all Monday morning quarterbacking. He was clearly

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Speaker 1: in shock and trauma. And actually we talked previously about

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Speaker 1: an officer was on his phone. He was actually the

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Speaker 1: guy who was on his phone because he was checking

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Speaker 1: to make sure he's getting text messages and calls from her.

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Speaker 1: How she was getting shot inside of it. Parrish. Yeah,

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Speaker 1: he says there in the video, she said she's been shot,

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Speaker 1: and they still pull pull him back. So they know

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Speaker 1: that people are getting shot inside. We know that, but

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Speaker 1: the nine to one one calls, we know that our

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Speaker 1: own husband is outside of the room being restrained by

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Speaker 1: his colleagues, pushed back kind of like that. I mean,

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Speaker 1: it's just a horrific situation. As we said also in

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Speaker 1: terms of the reporting and Pete Rodondo, so let's show

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Speaker 1: it's up there. So this school board has now delayed.

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Speaker 1: They were supposed to fire him four days ago. Pete Rodondo.

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Speaker 1: He was placed on leave obviously, and from the city

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Speaker 1: council as well well. They canceled the meeting which was

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Speaker 1: on Saturday, where they were scheduled to quote consider firing

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Speaker 1: the police chief. And they're blaming it on process. Look,

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Speaker 1: they had the vote ready to go, then they canceled

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Speaker 1: the meeting ahead of where this guy's been by It's

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Speaker 1: been over a month since the shooting even happened, So

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Speaker 1: in what world is this not even justice accountability? Most

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Speaker 1: people have made peace with the fact that these guys

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Speaker 1: will never be able to be criminally prosecuted, even though

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Speaker 1: I think many of them should be, specifically Pete Rodondo.

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Speaker 1: At the very least, we want him to be fired,

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Speaker 1: we want him to have his job lost, and yet

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Speaker 1: they have they can't even come around to firing him.

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Speaker 1: I mean, what's crazy what the residents are saying, and

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Speaker 1: I think what any decent human being in the country

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Speaker 1: would say is that not a single one of these

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Speaker 1: people deserves to have a badge. I mean that's right.

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Speaker 1: All four hundred of them that stood by, men and

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Speaker 1: women in their gear, that stood by and did nothing,

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Speaker 1: not one of them deserves to, you know, pretend to

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Speaker 1: protect and serve. So the fact that even this one

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Speaker 1: dude who you know, really was supposedly in charge and

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Speaker 1: was the one who came up with this idea of oh,

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Speaker 1: it's you know, it's not it's it's a barricaded subject,

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Speaker 1: so we need to just do nothing for an hour

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Speaker 1: and twenty minutes, and who even when they went in,

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Speaker 1: was still reluctant, was like, I guess you guys can

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Speaker 1: go in, but seem to not really think it was

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Speaker 1: the right thing to do. At the very least, there

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Speaker 1: could be some accountability for this guy. And I think

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Speaker 1: the failed political response, just as the failed law enforcement

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Speaker 1: response was at every single level, from local to state

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Speaker 1: to federal, the failed political response also goes across every

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Speaker 1: single level. Clearly, the local good old boys network is

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Speaker 1: closing ranks around these guys and trying to protect them

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Speaker 1: in every way they can, and they have from the beginning,

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Speaker 1: I mean, blocking media, harassinge, the mom who tried to

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Speaker 1: go who did actually ultimately go in, after being handcuffed

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Speaker 1: and get her children and was willing to speak out

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Speaker 1: to the press. But then you also see from the

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Speaker 1: governor on down everybody sort of trying to close ranks,

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Speaker 1: trying to block any sort of public release of information,

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Speaker 1: and zero pressure for accountability at any level of government.

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Speaker 1: And I think that's a good way to transition into

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Speaker 1: There does seem to be some political blowback from this

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Speaker 1: failed response and total lack of accountability, in conjunction with

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Speaker 1: other political stories and issues that have come to the four.

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Speaker 1: In particular, there's a story in the New York Times

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Speaker 1: about the Texas governor's race, which listen, I think Greg

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Speaker 1: Abviott is still probably going to get reelected. Guys, Beta

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Speaker 1: O'Rourke is not, you know, charging to the front here,

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Speaker 1: but he has closed the gap pretty significantly. Let's go

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Speaker 1: ahead and put this stairsheet up on the screen. So

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Speaker 1: the headline here for the New York Times is, after

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Speaker 1: recent turmoil, the race for Texas governor is tightening. A

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Speaker 1: series of tragedies and challenges have soured the mood of

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Speaker 1: Texans and made the governor's race perhaps the most competitive

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Speaker 1: since the nineties. So let me go ahead and read

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Speaker 1: this opening graph to you that gives you a sense

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Speaker 1: of what is impacting the political dynamics down there. They say,

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Speaker 1: one of the deadliest school shootings in US history. That's,

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Speaker 1: of course, what we've been talking about in Uvalde, the

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Speaker 1: revival of a nineteen twenties ban on abortion, the country's

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Speaker 1: worst episode of migrant death in recent memory, and an

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Speaker 1: electrical grid which failed during bitter cold and is now

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Speaker 1: straining understoring heat. Because they did not really do much

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Speaker 1: of anything to fix the issues that had become quite

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Speaker 1: manifest last time around, They say the unrelenting succession of

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Speaker 1: death and difficulty facing Texans over the last two months

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Speaker 1: has soured them on the direction of the state, hurting

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Speaker 1: Governor Greg Abbott and making the race the most competitive

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Speaker 1: since the nineties. You know. Interesting a couple of notes

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Speaker 1: here from this article. They say the issue of gun

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Speaker 1: control a top concern among a group that Republicans have

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Speaker 1: been fighting hard to win, Hispanic women. Another poll showed

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Speaker 1: that fifty nine percent of respondence in the state now

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Speaker 1: think that Texas is on the wrong track, and the

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Speaker 1: latest two poles out of that race have beta work

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Speaker 1: within five percentage points of the governor. Now I looked

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Speaker 1: at a poll about two months ago Sagur. Granted it

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Speaker 1: was an outlier, Beto was down by about twenty points.

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Speaker 1: So if you look at I looked at five point

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Speaker 1: thirty eight, I looked at real clear politics, whatever sort

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Speaker 1: of analyst you're looking at, there is no doubt that

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Speaker 1: this race has tightened significantly. Again, Beto is still behind.

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Speaker 1: I don't think he's an incredible candidate. I think he

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Speaker 1: really harmed himself during his presidential run in terms of

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Speaker 1: his standing with Texans. But the fact that Abbot has

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Speaker 1: taken on some water here over his failed uvality response,

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Speaker 1: but also over I think abortion in the state of Texas.

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Speaker 1: I mean, this is a generally culturally conservative state, but

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Speaker 1: it's also a state where they are really testing the

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Speaker 1: boundaries of how far you can go to the right

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Speaker 1: on abortion. All of these things have combined to make

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Speaker 1: this race a little bit more competitive. It's very interesting

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Speaker 1: because whenever you know the Democrat, I don't think it's

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Speaker 1: won a gubernatorial race in Texas since Anne Richard's in

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Speaker 1: nineteen when I was a child, so it was like

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Speaker 1: such a charity too. She was hilarious. But what's happened

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Speaker 1: since is that Greg Abbott just to give people the

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Speaker 1: idea of his victory margin twenty eighteen, which remember was

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Speaker 1: also a Democratic wave year one, by fifty five percent

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Speaker 1: of the vote to forty two percent for the Democrat.

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Speaker 1: So if he even this was always a thing with

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Speaker 1: Ted Cruz. When Ted only won his Senate race by

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Speaker 1: three points or two something over Beto, that was a

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Speaker 1: seismic shock because you're not supposed to only win by

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Speaker 1: two points. It's not even supposed to be that close.

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Speaker 1: Supposed to be a minimum of five and it at

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Speaker 1: least ten. That's usually what the margin of victory is

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Speaker 1: for goubernatory or at the statewide level for Texans. So

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Speaker 1: if Abbott comes five points of winning, that actually is

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Speaker 1: not good in terms of the trends for the overall

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Speaker 1: Texas GOP. The issue also remains that he is getting

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Speaker 1: hammered on Uvaldi. The power grid also was one that

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Speaker 1: people you know when you say wrong track, it's very simple.

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Speaker 1: We always talk about it. It's like, look, can you

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Speaker 1: keep the lights on or not? Because if you fail

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Speaker 1: in the midner of middle of cold and then also

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Speaker 1: in what we're having right now. I don't know if

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Speaker 1: people know this. You know it's a massive heat wave

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Speaker 1: across the country. Right before we left, there's a horrific

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Speaker 1: heat wave. It was like one hundred and thirteen degrees

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Speaker 1: and call it station back where I'm from. And it

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Speaker 1: is really really hurting the electrical kid because and they're

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Speaker 1: asking people, they're like, hey, police, turn the AC off,

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Speaker 1: and they're warning about potential rolling blackouts. I've said before,

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Speaker 1: you know, texts for some reason still gets twenty percent

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Speaker 1: of its power from coal in the year twenty twenty two. Well,

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Speaker 1: I pulled this clip because I want to give people

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Speaker 1: a taste for how Euvaldi is being politically is very

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Speaker 1: politically hot. But for Texas Democrats who are going after

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Speaker 1: Greg Abbott, here's a Texas Democratic state senator. He was

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Speaker 1: on CNN making this point. Just gives you a preview

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Speaker 1: of the political case to be made here in terms

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Speaker 1: of not being held accountable to these law enforcement officials.

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Speaker 1: Let's take a listen, but we at the state level,

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Speaker 1: this governor needs to demand accountability of Steve mccrawl in

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Speaker 1: his agency. For seventy seven minutes, DPS troopers, including a

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Speaker 1: Texas ranger, sat outside. I want to know who that

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Speaker 1: ranger that was walking around on the phone. I want

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Speaker 1: to know who he was talking to. I want to

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Speaker 1: know what McCraw knew and when, because we already know

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Speaker 1: all of the evasive answers that he gave us weeks

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Speaker 1: days and weeks afterwards, the false narratives, the false reports

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Speaker 1: through Alert. All of this falls on Greg Abbott. These

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Speaker 1: people direct report to Greg Abbott, and he has failed

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Speaker 1: to ask for accountability and he has failed to provide

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Speaker 1: adequate resources to this community. People of Texas need to

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Speaker 1: be very aware of that failure. At the end of

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Speaker 1: the day, this has been a colossal failure from their

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Speaker 1: law enforcement response side on the twenty fourth, and it

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Speaker 1: has been a colossal failure from the government's office and

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Speaker 1: the people that work for him from the time of

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Speaker 1: the twenty fourth to president. And so we've got a

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Speaker 1: lot of work to do here in Texas. Yep. So

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Speaker 1: that's a state senator from the San Antonio area that's

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Speaker 1: very politically effective, right. I Mean you're like, hey, he's

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Speaker 1: the governor and I've said it before, I'm like, why

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Speaker 1: is the governor and the attorney general? Please stand up

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Speaker 1: for the state Texas. Steve mccrawe fire him. I mean,

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Speaker 1: if he lied to you in any way. And look,

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Speaker 1: he lied to all of us the day of the

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Speaker 1: shooting and the day after the shooting. We still don't

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Speaker 1: know whether he knew he was lying and where he'd

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Speaker 1: been lied to. But Texas Governor Abbot, the last thing

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Speaker 1: we heard from the guy is I am livid. Well

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Speaker 1: that's been over a month. I don't care if you're

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Speaker 1: lived or not do something about it. I mean, why

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Speaker 1: is nobody stepping up to the plate. And if you

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Speaker 1: see this ground of the town, why would you see

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Speaker 1: holding law enforcement accountable on the worst shooting? And this

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Speaker 1: is bipartisan, even republic Some of the most gun people

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Speaker 1: I know they probably hate the cops in this situation

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Speaker 1: even more so than your average citizen because they're so

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Speaker 1: repulsed because they look at the guy. In Indianamal situations,

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Speaker 1: say that's how it's supposed to be done. Especially he's

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Speaker 1: just a normal guy. You know, he's not even had

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Speaker 1: any training in terms of state government provided training. And

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Speaker 1: we give these guys all these weapons g I. Joe

431
00:21:21,720 --> 00:21:25,399
Speaker 1: armor and all this, you know, special immunity. The Supreme

432
00:21:25,440 --> 00:21:27,560
Speaker 1: Court even says they don't have to do anything if

433
00:21:27,600 --> 00:21:29,280
Speaker 1: they want to. But we trust them. They're one of

434
00:21:29,280 --> 00:21:32,320
Speaker 1: the most trusted institutions in the United States, and then

435
00:21:32,320 --> 00:21:34,680
Speaker 1: they show up this way. It's a matter of far

436
00:21:34,760 --> 00:21:37,800
Speaker 1: beyond partisanship, and they're not doing anything. I do think

437
00:21:37,800 --> 00:21:40,560
Speaker 1: it's going to be very politically effective if he continues

438
00:21:40,560 --> 00:21:42,160
Speaker 1: to not step up to the plate. At this point,

439
00:21:42,280 --> 00:21:44,439
Speaker 1: he's had over a month like fire, the guy do

440
00:21:44,520 --> 00:21:46,560
Speaker 1: something about it, but they're not going to right And

441
00:21:46,600 --> 00:21:49,080
Speaker 1: now in retrospect, it's very clear his whole like oh,

442
00:21:49,080 --> 00:21:52,119
Speaker 1: I'm livid comments it was purely theatrical. It was just

443
00:21:52,160 --> 00:21:54,400
Speaker 1: a political show because Okay, you were livid, you didn't

444
00:21:54,440 --> 00:21:56,440
Speaker 1: do anything about it, So what are we to make

445
00:21:56,480 --> 00:22:00,200
Speaker 1: of that? And as you're pointing out, it's definitely out

446
00:22:00,200 --> 00:22:02,520
Speaker 1: of partisan it's a human issue. I mean, it just

447
00:22:03,040 --> 00:22:06,680
Speaker 1: hits at the core of everyone's humanity to see all

448
00:22:06,720 --> 00:22:09,840
Speaker 1: of these people who could have stopped the bleeding and

449
00:22:09,880 --> 00:22:14,840
Speaker 1: the killing doing absolutely nothing, and your guys Texas Rangers

450
00:22:14,840 --> 00:22:18,280
Speaker 1: were there doing you know, among those four hundred who

451
00:22:18,320 --> 00:22:21,440
Speaker 1: were also doing nothing, and then you know their leader

452
00:22:21,520 --> 00:22:24,080
Speaker 1: lying to you, and I guess you think that that's okay.

453
00:22:24,240 --> 00:22:27,000
Speaker 1: So I think his points are really well founded there,

454
00:22:27,119 --> 00:22:29,960
Speaker 1: you know, in terms of the abortion landscape. Of course,

455
00:22:30,000 --> 00:22:32,919
Speaker 1: as we've covered before, there aren't a whole lot of

456
00:22:33,240 --> 00:22:36,560
Speaker 1: voters who will tell you abortion is their number one issue. However,

457
00:22:36,760 --> 00:22:39,840
Speaker 1: I do think that the issue plays most significantly at

458
00:22:39,880 --> 00:22:43,120
Speaker 1: the state level because governors do have so much impact

459
00:22:43,160 --> 00:22:45,760
Speaker 1: on what ultimately gets through and what doesn't. And as

460
00:22:45,760 --> 00:22:49,680
Speaker 1: I mentioned before, Texas is really at the bleeding edge

461
00:22:49,800 --> 00:22:52,840
Speaker 1: of pushing how far they can go in terms of

462
00:22:52,960 --> 00:22:56,359
Speaker 1: abortion bands. So the legislature is pushing to be among

463
00:22:56,400 --> 00:22:59,520
Speaker 1: those that criminalizes anyone who helps a woman to cross

464
00:22:59,560 --> 00:23:02,520
Speaker 1: state line or even provides advice and counsel, do a

465
00:23:02,560 --> 00:23:07,400
Speaker 1: woman provides any sort of like monetary support, going after

466
00:23:07,480 --> 00:23:10,760
Speaker 1: companies that are providing these benefits to let women travel

467
00:23:10,800 --> 00:23:13,639
Speaker 1: out of state. So Texas is at the forefront of that.

468
00:23:14,000 --> 00:23:18,040
Speaker 1: You also have the attorney general that joined this lawsuit,

469
00:23:18,080 --> 00:23:20,919
Speaker 1: so you know, in Biden's executive order on abortion, he

470
00:23:21,040 --> 00:23:24,480
Speaker 1: said basically that if the woman's life is in danger,

471
00:23:24,520 --> 00:23:26,600
Speaker 1: if the mother's life is in danger, doctors are in

472
00:23:26,680 --> 00:23:29,800
Speaker 1: an obligation to provide the abortion. Well, the Texas Attorney

473
00:23:29,840 --> 00:23:33,280
Speaker 1: General has joined a lawsuit saying no, we don't think

474
00:23:33,320 --> 00:23:36,080
Speaker 1: that we should even in the case where a mother's

475
00:23:36,080 --> 00:23:38,639
Speaker 1: life is at risk, that we should be in the

476
00:23:38,640 --> 00:23:42,200
Speaker 1: business of providing abortions. So, as I said, they're going

477
00:23:42,680 --> 00:23:46,280
Speaker 1: Texas culturally conservative generally state, although you know it is

478
00:23:46,320 --> 00:23:49,080
Speaker 1: becoming increasingly suburban, and yes, plenty of people have moved

479
00:23:49,119 --> 00:23:51,080
Speaker 1: from California into the state that may have a different

480
00:23:51,080 --> 00:23:54,840
Speaker 1: feeling about all these things. But they have put themselves

481
00:23:54,960 --> 00:23:58,280
Speaker 1: at the very extreme fringe of what people's views are

482
00:23:58,320 --> 00:24:01,000
Speaker 1: on this that would not be even close to supported

483
00:24:01,000 --> 00:24:03,680
Speaker 1: by a majority of Texans. So that adds to an

484
00:24:03,720 --> 00:24:07,280
Speaker 1: overall portrait of, you know, things that just they're on

485
00:24:07,320 --> 00:24:09,520
Speaker 1: a step with the public. They're frustrated with the fact

486
00:24:09,520 --> 00:24:12,240
Speaker 1: that electrical grid wasn't fixed and that they're having to

487
00:24:12,280 --> 00:24:14,440
Speaker 1: worry about blackouts and worry about whether they're going to

488
00:24:14,480 --> 00:24:16,280
Speaker 1: be able to turn the AC on and if they did,

489
00:24:16,320 --> 00:24:18,600
Speaker 1: what it's ultimately going to cost them. You see this

490
00:24:18,760 --> 00:24:21,760
Speaker 1: total lack of accountability and failures in terms of Vivaldi.

491
00:24:22,000 --> 00:24:25,840
Speaker 1: You see extremism on abortion and guns and other issues,

492
00:24:26,160 --> 00:24:28,600
Speaker 1: and it starts to take a politic at some point

493
00:24:28,640 --> 00:24:31,560
Speaker 1: that starts to take a political toll. Again, do I

494
00:24:31,560 --> 00:24:33,520
Speaker 1: think that Greg Abbott is going to lose No, I

495
00:24:33,600 --> 00:24:36,880
Speaker 1: do not but when you look at this race as

496
00:24:37,000 --> 00:24:40,280
Speaker 1: kind of a you know, a testing ground of what

497
00:24:40,320 --> 00:24:43,119
Speaker 1: the politics are like across the country, you can see

498
00:24:43,160 --> 00:24:47,719
Speaker 1: the way that recent events have allowed Democrats to make

499
00:24:47,760 --> 00:24:50,119
Speaker 1: a little bit of gains and gain a little bit

500
00:24:50,119 --> 00:24:52,280
Speaker 1: of ground here, and also for Republicans to take on

501
00:24:52,320 --> 00:24:53,960
Speaker 1: a bit of water with this. Yeah, that's right. Okay,

502
00:24:54,040 --> 00:24:55,920
Speaker 1: let's go ahead and talk about Russia. I've been monitoring

503
00:24:55,920 --> 00:24:59,199
Speaker 1: the situation there closely, some mixed news out of the

504
00:24:59,240 --> 00:25:01,520
Speaker 1: conflict at the UoS strategic level. Let's put this up

505
00:25:01,560 --> 00:25:03,679
Speaker 1: there on the screen. So at first it seemed like

506
00:25:03,720 --> 00:25:06,760
Speaker 1: we actually had some decent news that Ukraine and Russia

507
00:25:06,760 --> 00:25:09,119
Speaker 1: had actually signed a deal which was going to allow

508
00:25:09,240 --> 00:25:12,359
Speaker 1: Kiv to resume exports of grain through the Black Sea.

509
00:25:12,680 --> 00:25:15,080
Speaker 1: People should remember that Ukraine is one of the largest

510
00:25:15,080 --> 00:25:18,280
Speaker 1: exporters of grain in the world, and that that shortage

511
00:25:18,520 --> 00:25:21,440
Speaker 1: was leading to a potential and actually even realized food

512
00:25:21,480 --> 00:25:24,840
Speaker 1: crisis in much of the developing world, Africa many others

513
00:25:24,840 --> 00:25:28,640
Speaker 1: that import a ton of Ukrainian grain. Ukraine long known

514
00:25:28,680 --> 00:25:32,240
Speaker 1: as the bread basket of the Soviet Union during that time,

515
00:25:32,320 --> 00:25:36,560
Speaker 1: so the Russian navy had been blockading those grain exports

516
00:25:36,600 --> 00:25:39,760
Speaker 1: and they agreed to this deal where they said that

517
00:25:39,800 --> 00:25:42,720
Speaker 1: they would be allowing Kiev in order to export that grain.

518
00:25:42,800 --> 00:25:46,280
Speaker 1: What's interesting also about the deal is it highlights the

519
00:25:46,359 --> 00:25:50,000
Speaker 1: changing nature of diplomacy in the year twenty twenty two.

520
00:25:50,520 --> 00:25:52,960
Speaker 1: In the past, the United States would have been party

521
00:25:53,040 --> 00:25:55,320
Speaker 1: to this deal, or not even a party, would have

522
00:25:55,320 --> 00:25:58,159
Speaker 1: been the guarranter of this deal. But because of our policy,

523
00:25:58,200 --> 00:26:00,320
Speaker 1: which is don't ever meet any Russians, don't talked to

524
00:26:00,320 --> 00:26:02,560
Speaker 1: the Russians. I don't even think that the president has

525
00:26:02,840 --> 00:26:05,879
Speaker 1: spoken with Putin since after the invasion. There's been no

526
00:26:06,080 --> 00:26:09,440
Speaker 1: high level diplomatic contacts. I think Blincoln had maybe one

527
00:26:09,480 --> 00:26:13,120
Speaker 1: phone call with his counterpart over there. Well, Turkish President

528
00:26:13,280 --> 00:26:15,320
Speaker 1: Aridiwan has actually stepped up to the play. He's been

529
00:26:15,320 --> 00:26:18,040
Speaker 1: holding a ton of talks between the two governments, and

530
00:26:18,119 --> 00:26:20,640
Speaker 1: he is really the one who broke her the deal. Obviously,

531
00:26:20,720 --> 00:26:23,679
Speaker 1: that's noteworthy because Turkey is in NATO, and Turkey and

532
00:26:23,720 --> 00:26:27,360
Speaker 1: Aredwan specifically probably have the most heterodox of foreign policies

533
00:26:27,520 --> 00:26:31,040
Speaker 1: within the NATO alliance, and especially given there they have

534
00:26:31,080 --> 00:26:33,440
Speaker 1: a complicated relationship with Russia. But as of recently they've

535
00:26:33,440 --> 00:26:35,520
Speaker 1: been talking with them. Given what was happening in Syria,

536
00:26:35,640 --> 00:26:38,600
Speaker 1: so they have a lot of high level military contacts specifically,

537
00:26:38,640 --> 00:26:40,480
Speaker 1: and actually the Russian top general is one of the

538
00:26:40,480 --> 00:26:43,000
Speaker 1: people who was there whenever this deal was signed. The

539
00:26:43,080 --> 00:26:45,120
Speaker 1: deal was set to last for one hundred and twenty

540
00:26:45,240 --> 00:26:47,520
Speaker 1: days and was actually it was going to be monitored

541
00:26:47,560 --> 00:26:50,960
Speaker 1: out of Istanbul, but also staffed by the UN, Turkey,

542
00:26:51,040 --> 00:26:55,400
Speaker 1: Russia and Ukrainian officials. Now the issue though, is, as

543
00:26:55,520 --> 00:26:58,440
Speaker 1: was highlighted there is that well, this deal is only

544
00:26:58,520 --> 00:27:02,200
Speaker 1: a deal if there's not a military response, and unfortunately

545
00:27:02,280 --> 00:27:04,119
Speaker 1: the Russians doing what the Russians do. Let's go and

546
00:27:04,119 --> 00:27:06,760
Speaker 1: put this up there on the screen. Almost immediately when

547
00:27:06,800 --> 00:27:09,640
Speaker 1: it hit the Black Sea port, despite the grain deal,

548
00:27:09,800 --> 00:27:14,040
Speaker 1: Russian missiles, hours after the deal was signed to resume

549
00:27:14,240 --> 00:27:19,520
Speaker 1: Ukrainian grain exports actually came in and fired two caliber

550
00:27:19,600 --> 00:27:24,639
Speaker 1: cruise missiles which hit port infrastructure and Ukrainian air defenses,

551
00:27:24,840 --> 00:27:27,200
Speaker 1: which at least brought down two of the others. That's

552
00:27:27,240 --> 00:27:30,400
Speaker 1: according to the Ukrainian military command. But it is noteworthy

553
00:27:30,440 --> 00:27:34,560
Speaker 1: because they while they did not strike grain storage facilities,

554
00:27:34,640 --> 00:27:37,280
Speaker 1: which is what the Turks were highlighting, they did strike

555
00:27:37,480 --> 00:27:40,639
Speaker 1: port infrastructure and it does just generally comport with the

556
00:27:40,720 --> 00:27:44,359
Speaker 1: Russian strategy not only to starve the Ukrainians out food wise,

557
00:27:44,440 --> 00:27:47,400
Speaker 1: but really in order to destroy their economy as much

558
00:27:47,400 --> 00:27:50,280
Speaker 1: as possible because this is such a critical export. So

559
00:27:50,680 --> 00:27:54,159
Speaker 1: it is a mixed bag in the diplomatic in the

560
00:27:54,160 --> 00:27:58,040
Speaker 1: diplomatic future for this conflict. And it doesn't inspire confidence.

561
00:27:58,080 --> 00:28:00,000
Speaker 1: You know something you and I've been saying, Here's like, hey,

562
00:28:00,080 --> 00:28:02,760
Speaker 1: we need to have some diplomacy. But it's also not hard.

563
00:28:02,880 --> 00:28:05,280
Speaker 1: It's not easy to have diplomacy if people who are

564
00:28:05,280 --> 00:28:07,399
Speaker 1: a party are going to be breaking deals like this

565
00:28:07,520 --> 00:28:10,720
Speaker 1: and just immediately violating it. I mean, Ukrainian said, this

566
00:28:10,760 --> 00:28:12,960
Speaker 1: is a spit in our face. I think that's it's hard.

567
00:28:13,040 --> 00:28:15,119
Speaker 1: It's hard to argue with that. It's really hard to

568
00:28:15,240 --> 00:28:17,360
Speaker 1: argue with that. I mean, it definitely puts i mean,

569
00:28:17,600 --> 00:28:20,879
Speaker 1: at the best, it puts the deal very much in doubt.

570
00:28:20,920 --> 00:28:24,040
Speaker 1: And it really is a shame. There's no enforcement mechanism

571
00:28:24,119 --> 00:28:27,320
Speaker 1: in this deal. It's basically you know, what can you do? Right,

572
00:28:27,359 --> 00:28:30,720
Speaker 1: It's a handshake kind of a deal. And immediately after

573
00:28:30,760 --> 00:28:34,400
Speaker 1: the deal is supposedly inked and agreed to, Russia goes

574
00:28:34,480 --> 00:28:37,400
Speaker 1: and does this and completely undermines it. And it's really sad,

575
00:28:37,520 --> 00:28:41,280
Speaker 1: not just because obviously the Horn of Africa in particular

576
00:28:41,360 --> 00:28:44,520
Speaker 1: has been extraordinarily hard hit not only by this war,

577
00:28:45,120 --> 00:28:50,080
Speaker 1: also by failed crops in part due to the climate crisis,

578
00:28:50,080 --> 00:28:53,800
Speaker 1: so they were in a very precarious situation to start with.

579
00:28:54,760 --> 00:28:57,960
Speaker 1: And also because of financial situation around the world and inflation,

580
00:28:58,120 --> 00:29:01,600
Speaker 1: it's cost more to import great anyway, So this has

581
00:29:01,680 --> 00:29:05,920
Speaker 1: been really devastating for poor nations around the world, and

582
00:29:05,960 --> 00:29:09,160
Speaker 1: so the fact that this was immediately undermined is truly

583
00:29:09,280 --> 00:29:13,160
Speaker 1: a disaster. And the other piece here too was Artowan

584
00:29:13,640 --> 00:29:16,640
Speaker 1: was actually hopeful that maybe this could be the first

585
00:29:16,680 --> 00:29:20,640
Speaker 1: step back to the negotiating table, because your recall back

586
00:29:20,640 --> 00:29:24,440
Speaker 1: when there were ongoing meetings and talks about a potential

587
00:29:24,760 --> 00:29:29,480
Speaker 1: negotiated settlement and diplomatic end to this war, those were

588
00:29:29,520 --> 00:29:34,040
Speaker 1: being facilitated by Turkey. So you know, Ertawan had said

589
00:29:34,040 --> 00:29:35,760
Speaker 1: he hoped it would be the first step towards bringing

590
00:29:35,800 --> 00:29:37,440
Speaker 1: the war to an end. This joint step we're taking

591
00:29:37,440 --> 00:29:40,480
Speaker 1: with Ukraine and Russia will hopefully revive the path to peace.

592
00:29:41,200 --> 00:29:44,120
Speaker 1: Obviously that has not worked out, yeah, it has. I

593
00:29:44,120 --> 00:29:45,880
Speaker 1: mean I've said this and this is the only way

594
00:29:45,920 --> 00:29:47,920
Speaker 1: to look at it, which is that, as they've shown

595
00:29:48,000 --> 00:29:50,960
Speaker 1: in political science, the more tempts that you try to

596
00:29:50,960 --> 00:29:53,880
Speaker 1: have a seaspire, most seaspires fail, but eventually some of

597
00:29:53,880 --> 00:29:56,640
Speaker 1: them work. So the mere fact that you're trying to

598
00:29:56,640 --> 00:30:01,360
Speaker 1: sign a seaspire can again can be something that indicates

599
00:30:01,560 --> 00:30:03,600
Speaker 1: some sort of forward direction. But I do think the

600
00:30:03,720 --> 00:30:05,800
Speaker 1: Artiwan government has done actually a pretty decent job of

601
00:30:05,840 --> 00:30:08,400
Speaker 1: at least continuing the talks. It took two months just

602
00:30:08,400 --> 00:30:10,320
Speaker 1: to get here. Maybe it'll take two months to get

603
00:30:10,320 --> 00:30:12,640
Speaker 1: to one that actually sticks, and then maybe it'll take

604
00:30:12,640 --> 00:30:14,280
Speaker 1: a year in order to get to one that is

605
00:30:14,640 --> 00:30:18,160
Speaker 1: further along the diplomatic process. But we should also not forget,

606
00:30:18,160 --> 00:30:19,760
Speaker 1: you know, the war is still not going well for

607
00:30:19,800 --> 00:30:22,120
Speaker 1: the Ukrainians in the eastern part of the country. They

608
00:30:22,160 --> 00:30:25,320
Speaker 1: haven't suffered any major losses since we lasted our show,

609
00:30:25,360 --> 00:30:29,080
Speaker 1: but the continuing bombardment and artillery is happening on the

610
00:30:29,120 --> 00:30:31,920
Speaker 1: eastern front and they have not made any forward progress

611
00:30:32,000 --> 00:30:35,840
Speaker 1: despite massive shipments of arms from the west. Another thing

612
00:30:35,840 --> 00:30:37,719
Speaker 1: we wanted to highlight an update, let's put this up

613
00:30:37,720 --> 00:30:41,560
Speaker 1: there Kaliningrad. So we talked previously about how the Russians

614
00:30:41,600 --> 00:30:45,520
Speaker 1: have an exclave outside of their country Kaliningrad. This is

615
00:30:45,560 --> 00:30:48,160
Speaker 1: an old Soviet Union type thing, and give it guarantees

616
00:30:48,200 --> 00:30:52,440
Speaker 1: them access to the Baltic Sea. Well, there had previously

617
00:30:52,520 --> 00:30:56,440
Speaker 1: been a ban by Lithuania, a NATO country, in terms

618
00:30:56,440 --> 00:31:00,160
Speaker 1: of rail transport of sanctioned goods in and out of

619
00:31:00,160 --> 00:31:03,520
Speaker 1: the Russian area of Kaliningrad. How this is governed is

620
00:31:03,760 --> 00:31:08,680
Speaker 1: very difficult, but the Lithuanians claimed again claimed that based

621
00:31:08,760 --> 00:31:12,320
Speaker 1: upon EU sanctions that they could not allow the transport

622
00:31:12,360 --> 00:31:14,320
Speaker 1: of these goods. The Russians were like, hey, you're preventing

623
00:31:14,400 --> 00:31:17,480
Speaker 1: the free movement of goods in between our country and

624
00:31:17,520 --> 00:31:19,880
Speaker 1: this was never something that was supposed to even be

625
00:31:20,000 --> 00:31:23,160
Speaker 1: on the table in the past. Lots of accusations flying

626
00:31:23,520 --> 00:31:27,440
Speaker 1: between both Russia, accusing and basically threatening, saber rattling against

627
00:31:27,440 --> 00:31:29,160
Speaker 1: the Lithuanians, which of course we have an interest in

628
00:31:29,200 --> 00:31:31,440
Speaker 1: because Lithuania is a NATO and they have Article five

629
00:31:31,760 --> 00:31:35,120
Speaker 1: protection anyway, So they have actually resumed the lifting of

630
00:31:35,320 --> 00:31:38,040
Speaker 1: rail restrictions for the Russian exclave. I think that this

631
00:31:38,120 --> 00:31:42,960
Speaker 1: matters because it generally is a soft folding on many

632
00:31:43,040 --> 00:31:46,520
Speaker 1: sanctions grounds on the West. So the hardest hitting sanctions

633
00:31:46,520 --> 00:31:49,040
Speaker 1: against the Russians It's not just the financial ones. It

634
00:31:49,080 --> 00:31:52,520
Speaker 1: was against their oil and gas infrastructure. And I talked

635
00:31:52,560 --> 00:31:54,520
Speaker 1: a lot about before we left the natural gas which

636
00:31:54,520 --> 00:31:57,480
Speaker 1: are about to update everybody on. But the Canadians ultimately

637
00:31:57,760 --> 00:31:59,400
Speaker 1: did fold, and they're like, all right, you can have

638
00:31:59,400 --> 00:32:02,480
Speaker 1: your gas turb because and even the US government was like, okay,

639
00:32:02,480 --> 00:32:04,560
Speaker 1: ship them the damn gas turbines. Yeah, because we don't

640
00:32:04,560 --> 00:32:07,320
Speaker 1: want the Germans to cut off from the nord Stream pipeline.

641
00:32:07,360 --> 00:32:11,560
Speaker 1: So we're still pursuing this strange dual track policy where

642
00:32:11,840 --> 00:32:14,680
Speaker 1: we're not actually sticking to the harshest sanctions, like we'll

643
00:32:14,680 --> 00:32:17,000
Speaker 1: stick to them ish, but then when the Russians are

644
00:32:17,040 --> 00:32:20,280
Speaker 1: really threatened and they start ratching it up and the

645
00:32:20,880 --> 00:32:23,600
Speaker 1: stakes of that become clear, then we fold. So we're

646
00:32:23,640 --> 00:32:26,200
Speaker 1: doing this strange thing where you know, Russians are moving

647
00:32:26,240 --> 00:32:29,560
Speaker 1: their stuff between Coliningrad, they're getting the gas turbines, they're

648
00:32:29,600 --> 00:32:32,600
Speaker 1: printing hundreds of billions of euros a day with gas

649
00:32:32,640 --> 00:32:34,840
Speaker 1: and with oil. They're richer than they've ever been before

650
00:32:35,000 --> 00:32:38,840
Speaker 1: the Moscow government, not the people in Russia. And at

651
00:32:38,840 --> 00:32:41,880
Speaker 1: the same time, so we're not hurting the Russian war machine,

652
00:32:41,920 --> 00:32:43,520
Speaker 1: but then we're also not moving towards any sort of

653
00:32:43,600 --> 00:32:47,280
Speaker 1: diplomatic solutions. It's like the idiocy of the policy. Well,

654
00:32:47,360 --> 00:32:50,080
Speaker 1: I think it's a recognition that the policy has failed,

655
00:32:50,360 --> 00:32:54,120
Speaker 1: and so they can't publicly back away from it because

656
00:32:54,320 --> 00:32:57,160
Speaker 1: they've sold their populations, certainly here in the US who

657
00:32:57,200 --> 00:32:59,360
Speaker 1: were sold on like you're gonna pay high gas prices

658
00:32:59,360 --> 00:33:02,200
Speaker 1: where we're gonna to the Russians, this is not worked

659
00:33:02,200 --> 00:33:06,360
Speaker 1: out at all, But they're too cowardly to actually fess

660
00:33:06,440 --> 00:33:08,600
Speaker 1: up to that and say we got to try different route.

661
00:33:08,760 --> 00:33:12,920
Speaker 1: And they certainly are not interested in pushing for a

662
00:33:12,960 --> 00:33:17,920
Speaker 1: diplomatic solution, understanding that that may be unattainable right now,

663
00:33:17,960 --> 00:33:20,040
Speaker 1: even if we were putting our force behind it. But

664
00:33:20,040 --> 00:33:21,600
Speaker 1: the fact of the matter is we're not putting our

665
00:33:21,600 --> 00:33:24,400
Speaker 1: force behind it. And so I think these little movements

666
00:33:24,520 --> 00:33:27,560
Speaker 1: are a sort of subtle acknowledgement that the overall sanctions

667
00:33:27,560 --> 00:33:29,920
Speaker 1: policy has been a failure. It has not bled the

668
00:33:30,000 --> 00:33:33,080
Speaker 1: Russian war machine, it has not really hurt Putin ultimately,

669
00:33:33,400 --> 00:33:35,360
Speaker 1: And I'm glad to see them back down here in

670
00:33:35,400 --> 00:33:39,480
Speaker 1: Cliningrad because this was a very even though it may

671
00:33:39,520 --> 00:33:44,160
Speaker 1: seem like a small thing, this was a major escalatory

672
00:33:44,280 --> 00:33:48,920
Speaker 1: talking point for Putin and for Russia that he was.

673
00:33:49,080 --> 00:33:51,760
Speaker 1: You know, in state media there were really taking to

674
00:33:51,800 --> 00:33:54,880
Speaker 1: their population as see how far the West is going.

675
00:33:54,920 --> 00:33:56,720
Speaker 1: See you how much they hate to see how far

676
00:33:56,760 --> 00:34:00,800
Speaker 1: they'll go beyond what even that they've said. The ultimately

677
00:34:01,160 --> 00:34:06,160
Speaker 1: decided that the transit band only affects road, not rail,

678
00:34:06,680 --> 00:34:10,160
Speaker 1: and that's what allowed the transit to be opened back

679
00:34:10,280 --> 00:34:14,160
Speaker 1: up by rail to this area. So you know, when

680
00:34:14,160 --> 00:34:15,960
Speaker 1: we covered this originally we said this is a very

681
00:34:16,040 --> 00:34:20,040
Speaker 1: dangerous situation. I think still was still very much the case,

682
00:34:20,400 --> 00:34:22,520
Speaker 1: and it appears the Europeans looked at it and said,

683
00:34:22,560 --> 00:34:24,160
Speaker 1: you know what, the juice is not worth the squeeze

684
00:34:24,200 --> 00:34:25,520
Speaker 1: is not worth the risk here. That's why it's so

685
00:34:25,600 --> 00:34:28,960
Speaker 1: such a foolish policy. Only by r raid roy road,

686
00:34:29,080 --> 00:34:31,080
Speaker 1: not by rail. Listen, either do it or don't, because

687
00:34:31,080 --> 00:34:34,000
Speaker 1: if you're not going to some half assed policy, then

688
00:34:34,080 --> 00:34:36,080
Speaker 1: what's the point. I mean, they're being half punished, but

689
00:34:36,120 --> 00:34:38,359
Speaker 1: not really. They could still get their goods, they can

690
00:34:38,360 --> 00:34:41,160
Speaker 1: still export whatever they want, they could still pump their gas,

691
00:34:41,200 --> 00:34:43,680
Speaker 1: but oh god forbid. You know some Russian guy plays

692
00:34:43,680 --> 00:34:46,960
Speaker 1: and Wimbledon, Yeah, what were we doing it? Those are

693
00:34:46,960 --> 00:34:49,120
Speaker 1: the ones that make you really crazy. I mean, it's

694
00:34:49,239 --> 00:34:54,400
Speaker 1: just like complete xenophobia with a complete theater and xenophobic

695
00:34:54,520 --> 00:34:58,600
Speaker 1: theater that everyone has just broadly accepted. It's gross, very foolish.

696
00:34:58,600 --> 00:35:00,719
Speaker 1: All right, let's move on. This is an update again

697
00:35:00,800 --> 00:35:02,880
Speaker 1: to the story that we previously had talked about, very

698
00:35:02,960 --> 00:35:05,080
Speaker 1: very worried. Let's put this up there on the screen.

699
00:35:05,239 --> 00:35:09,080
Speaker 1: Russia has gone ahead and restarted the gas shipments through

700
00:35:09,120 --> 00:35:12,880
Speaker 1: the nord Stream one pipeline. However, it is keeping Germany guessing.

701
00:35:13,000 --> 00:35:15,719
Speaker 1: So as I previewed before, Nordstream was shut down for

702
00:35:15,840 --> 00:35:19,560
Speaker 1: eleven days for quote unquote maintenance, and during that maintenance

703
00:35:19,640 --> 00:35:21,959
Speaker 1: period there was a lot of fear. Both the French

704
00:35:22,080 --> 00:35:24,200
Speaker 1: Energy Minister and the Germans were warning. They're like, hey,

705
00:35:24,480 --> 00:35:26,600
Speaker 1: they may not turn this gas on, and that gas

706
00:35:26,920 --> 00:35:29,640
Speaker 1: supplies the vast majority of the natural gas that the

707
00:35:29,719 --> 00:35:32,439
Speaker 1: Germans used in order to power their electrical grid. Given

708
00:35:32,480 --> 00:35:35,600
Speaker 1: the fact that they're continuing to shut down their nuclear

709
00:35:35,680 --> 00:35:37,960
Speaker 1: power plants and burn even more coal, this would have

710
00:35:38,040 --> 00:35:40,919
Speaker 1: both been a carbon emissions disaster and would have led

711
00:35:40,920 --> 00:35:44,960
Speaker 1: to outright rolling blackouts across the European continent and specifically

712
00:35:45,280 --> 00:35:48,720
Speaker 1: within Germany. However, they have decided to turn that gas

713
00:35:48,880 --> 00:35:51,759
Speaker 1: back on the reality of the situation. Is what I'm

714
00:35:51,800 --> 00:35:55,200
Speaker 1: thinking is that the reason they did so is ultimately

715
00:35:55,320 --> 00:35:58,640
Speaker 1: because the Germans, the Canadians, and the US folded. The

716
00:35:59,560 --> 00:36:02,279
Speaker 1: excuse they were giving was, hey, we can't use this gas.

717
00:36:02,360 --> 00:36:04,319
Speaker 1: We can't run this gas because you guys won't give

718
00:36:04,360 --> 00:36:07,800
Speaker 1: us the turbines that we rightfully purchased from Canada. They're like,

719
00:36:07,880 --> 00:36:09,879
Speaker 1: you need to give us us turbines or we can't

720
00:36:09,920 --> 00:36:11,880
Speaker 1: run the pipeline. They were saying it wouldn't work for

721
00:36:12,000 --> 00:36:14,800
Speaker 1: maintenance reasons. The Germans and many others who are experts

722
00:36:14,800 --> 00:36:16,480
Speaker 1: said they don't need these turbines in order to do this.

723
00:36:16,800 --> 00:36:19,160
Speaker 1: It's to update it. They but they don't want to

724
00:36:19,400 --> 00:36:22,640
Speaker 1: so by giving them the turbines by folding on policies

725
00:36:22,680 --> 00:36:25,000
Speaker 1: we're previously talking about, the Russians were like, okay, you've

726
00:36:25,040 --> 00:36:28,880
Speaker 1: been good, so we'll keep the gas locked on. However,

727
00:36:29,280 --> 00:36:32,160
Speaker 1: it is just shows you the amount of leverage that

728
00:36:32,239 --> 00:36:34,960
Speaker 1: they really have when they want to use it. So

729
00:36:35,520 --> 00:36:38,200
Speaker 1: this again though, highlights the idiocy of the policy. This

730
00:36:38,560 --> 00:36:42,800
Speaker 1: pipeline provides a vast majority of the energy that Germany

731
00:36:42,960 --> 00:36:47,120
Speaker 1: consumes for its electrical grid. So if the Germans were

732
00:36:47,200 --> 00:36:49,080
Speaker 1: you know, for all the talk of high gas and

733
00:36:49,120 --> 00:36:52,440
Speaker 1: all that, when it came to actual blackouts on the table,

734
00:36:52,600 --> 00:36:54,200
Speaker 1: they're like, no, we're not going to do that. So

735
00:36:54,400 --> 00:36:56,399
Speaker 1: they're not willing to actually do any of the most

736
00:36:56,680 --> 00:36:59,080
Speaker 1: maximalist stuff, and they're continuing to ship, like I said,

737
00:36:59,280 --> 00:37:03,720
Speaker 1: hundreds of billions of euros to the Russians at sky

738
00:37:04,000 --> 00:37:07,640
Speaker 1: high prices. Well, what is the point of all this policy?

739
00:37:07,680 --> 00:37:09,520
Speaker 1: And I think we should also update people on the

740
00:37:10,080 --> 00:37:13,799
Speaker 1: Remember there was that Kakamami scheme in order to set

741
00:37:13,880 --> 00:37:16,879
Speaker 1: a price cap. Yeah, the Indians were like, no, we're

742
00:37:16,920 --> 00:37:19,200
Speaker 1: not doing so. And by the way, when I was

743
00:37:19,239 --> 00:37:21,960
Speaker 1: in India, all of the guys were telling me that

744
00:37:22,080 --> 00:37:24,279
Speaker 1: Indian oil, which is like the state run has the

745
00:37:24,360 --> 00:37:26,279
Speaker 1: cheapest they call it petrol. There. They're like, yeah, they

746
00:37:26,280 --> 00:37:28,799
Speaker 1: have the cheapest gas. I was like, yeah, I wonder why. Yeah,

747
00:37:29,160 --> 00:37:31,680
Speaker 1: there you go. They sew it back to Yeah, they

748
00:37:31,680 --> 00:37:33,000
Speaker 1: sell it right back to us. So there's a lot

749
00:37:33,040 --> 00:37:35,759
Speaker 1: of rich traders in New Delhi and in Mumbai. The

750
00:37:35,840 --> 00:37:37,719
Speaker 1: government is you know, laughing all the way to the

751
00:37:37,760 --> 00:37:40,760
Speaker 1: bank because even though yes, there's high gas, it's cheaper

752
00:37:40,800 --> 00:37:43,239
Speaker 1: for them. You know, it was roughly actually equal for

753
00:37:43,320 --> 00:37:45,279
Speaker 1: the first time in my life for a price per

754
00:37:45,360 --> 00:37:48,000
Speaker 1: gallon in India that I saw in Hyderbad to the

755
00:37:48,120 --> 00:37:50,080
Speaker 1: United States, I couldn't believe it. I mean, usually it's

756
00:37:50,280 --> 00:37:53,160
Speaker 1: double the price in India and we have a parody

757
00:37:53,520 --> 00:37:57,760
Speaker 1: with what's happening is there? It's completely crazy. So anyway,

758
00:37:57,880 --> 00:38:01,440
Speaker 1: it's an update there. However, it's still does highlight that

759
00:38:01,680 --> 00:38:04,920
Speaker 1: they are in phase two out of three of their

760
00:38:05,080 --> 00:38:08,239
Speaker 1: gas emergency plan and they are worried, not about what's

761
00:38:08,239 --> 00:38:10,719
Speaker 1: happening right now because it's summer. Yes, there is a

762
00:38:10,800 --> 00:38:12,960
Speaker 1: record heat wave, but apparently they came out of it okay,

763
00:38:12,960 --> 00:38:14,440
Speaker 1: and they don't really have ac a lot of these

764
00:38:14,480 --> 00:38:17,080
Speaker 1: people in Europe. But however, they're really worried about winter.

765
00:38:17,200 --> 00:38:20,719
Speaker 1: They're extraordinarily worried. They have right now plans in order

766
00:38:20,719 --> 00:38:24,520
Speaker 1: to fire more coal than ever before. And actually we're

767
00:38:24,600 --> 00:38:27,480
Speaker 1: moving to the point of maximal leverage that the Russians

768
00:38:27,520 --> 00:38:29,080
Speaker 1: will have because think about it, if we're in the

769
00:38:29,120 --> 00:38:32,799
Speaker 1: dead of winter December January, that is when they're like, okay,

770
00:38:33,040 --> 00:38:35,680
Speaker 1: we'll turn this pigot off right now unless you restore

771
00:38:36,160 --> 00:38:38,520
Speaker 1: X sanction or y and then they truly have them

772
00:38:38,560 --> 00:38:41,640
Speaker 1: because manufacturing would be destroyed. They wouldn't be able to

773
00:38:41,760 --> 00:38:44,520
Speaker 1: use their factories, and it would outright affect people on

774
00:38:44,560 --> 00:38:46,839
Speaker 1: the consumer level and not be able to go to work.

775
00:38:46,880 --> 00:38:48,960
Speaker 1: I mean, the union ministers out of Germany have already

776
00:38:48,960 --> 00:38:50,960
Speaker 1: come out and said they're like the gas is. If

777
00:38:50,960 --> 00:38:52,719
Speaker 1: they shut off the gas, it will destroy the German

778
00:38:52,760 --> 00:38:56,560
Speaker 1: economy overnight. And already, remember Germany has for the first

779
00:38:56,600 --> 00:38:59,640
Speaker 1: time since the nineteen nineties, moved from trade surplus to

780
00:38:59,719 --> 00:39:03,000
Speaker 1: death and the euro is at an all time low.

781
00:39:03,200 --> 00:39:06,520
Speaker 1: So I think it's trading a parody in terms of

782
00:39:06,719 --> 00:39:08,719
Speaker 1: US one to one for the first time in like

783
00:39:08,920 --> 00:39:12,400
Speaker 1: modern economic since it's the investions of the currency. At

784
00:39:12,440 --> 00:39:14,880
Speaker 1: one point it was like a dollar sixty which was

785
00:39:14,920 --> 00:39:17,880
Speaker 1: equal to euro. So Europe is still suffering significantly, and

786
00:39:17,960 --> 00:39:19,560
Speaker 1: it just shows you the leverage that the Russians have

787
00:39:19,600 --> 00:39:22,000
Speaker 1: over them if they want to. Russia's gotten by the balls, yeah,

788
00:39:22,000 --> 00:39:23,799
Speaker 1: I mean, that's the bottom line. They were getting fifty

789
00:39:23,840 --> 00:39:26,319
Speaker 1: five percent of their natural gas from Russia. And there

790
00:39:26,440 --> 00:39:28,680
Speaker 1: is a kind of a it's not really funny, it's

791
00:39:28,719 --> 00:39:31,000
Speaker 1: kind of gallows humor at this point, but anecdote at

792
00:39:31,000 --> 00:39:33,520
Speaker 1: the end of this article where they have this quote

793
00:39:33,560 --> 00:39:38,160
Speaker 1: from Trump at the UN in twenty eighteen said Germany

794
00:39:38,239 --> 00:39:40,920
Speaker 1: will become totally dependent on Russian energy if it does

795
00:39:41,000 --> 00:39:45,480
Speaker 1: not immediately change course. In response, the German delegation, which

796
00:39:45,520 --> 00:39:50,239
Speaker 1: included the country's foreign minister, left, Yeah, so they did

797
00:39:50,320 --> 00:39:52,759
Speaker 1: not take seriously the fact that, you know, they were

798
00:39:53,000 --> 00:39:56,160
Speaker 1: very dependent on the southern nation, and so yeah, Russia

799
00:39:56,239 --> 00:39:58,360
Speaker 1: right now is like, I guess we'll turn it back on,

800
00:39:58,760 --> 00:40:01,279
Speaker 1: but we'll see for the future. I mean, that is

801
00:40:01,400 --> 00:40:03,320
Speaker 1: not something you would want to have to depend on.

802
00:40:03,800 --> 00:40:05,600
Speaker 1: As you said, they're already in phase two of their

803
00:40:05,640 --> 00:40:11,120
Speaker 1: emergency plan. Phase three is mandatory enforced cutoffs and cutbacks

804
00:40:11,840 --> 00:40:15,319
Speaker 1: imposed on their citizens. There's another dynamic playing out here

805
00:40:15,560 --> 00:40:19,920
Speaker 1: in terms of internal EU politics which is also worth noting,

806
00:40:20,239 --> 00:40:23,600
Speaker 1: which you'll recall a number of years ago, when countries

807
00:40:23,719 --> 00:40:27,480
Speaker 1: like Greece and Italy were having debt issues and they

808
00:40:27,520 --> 00:40:30,040
Speaker 1: were having you know, major financial issues, and they were

809
00:40:30,080 --> 00:40:32,640
Speaker 1: looking to the E for bailout. Germany was the one

810
00:40:32,680 --> 00:40:36,120
Speaker 1: that was like, we were responsible. Why should our people

811
00:40:36,280 --> 00:40:40,799
Speaker 1: be in charge of bailing out these other irresponsible countries. Well,

812
00:40:40,880 --> 00:40:44,680
Speaker 1: now Germany is asking other countries that are less dependent

813
00:40:44,880 --> 00:40:50,280
Speaker 1: on Russian energy to have cutbacks on their own. The Italians.

814
00:40:50,320 --> 00:40:52,080
Speaker 1: They're like, hey, Italy, you guys should suck it up

815
00:40:52,120 --> 00:40:54,800
Speaker 1: in there. You hurt us for like a decade exactly.

816
00:40:55,080 --> 00:40:57,360
Speaker 1: And so there's actually this quote here from the Spanish

817
00:40:57,520 --> 00:41:03,040
Speaker 1: Energy Minister who says, unlike other countries, we Spaniards have

818
00:41:03,239 --> 00:41:06,640
Speaker 1: not lived beyond our means from an energy point of view.

819
00:41:07,160 --> 00:41:10,640
Speaker 1: So Germany has not sold a lot of goodwill around

820
00:41:10,840 --> 00:41:14,160
Speaker 1: the EU block and they don't feel particularly inclined to

821
00:41:14,280 --> 00:41:16,400
Speaker 1: bail out the Germans at this point, as the Germans

822
00:41:16,440 --> 00:41:18,719
Speaker 1: did not feel particularly inclined to bail them out at

823
00:41:18,760 --> 00:41:21,759
Speaker 1: a different point around comes around. I guess I love

824
00:41:21,800 --> 00:41:28,640
Speaker 1: it Spanish honor. Yeah, yeah, So Democrats are making some

825
00:41:29,040 --> 00:41:31,680
Speaker 1: moves now. Finally they've come up with a little bit

826
00:41:31,680 --> 00:41:35,239
Speaker 1: of a plan at least to react after the overturning

827
00:41:35,400 --> 00:41:39,960
Speaker 1: of that monumental Row versus Wade decision. So in particular,

828
00:41:40,239 --> 00:41:42,319
Speaker 1: they're using a little bit of the tactics that were

829
00:41:42,320 --> 00:41:45,560
Speaker 1: floated during the forced to vote conversation previously and putting

830
00:41:45,680 --> 00:41:49,200
Speaker 1: Republicans in a tough spot taking votes to the floor

831
00:41:49,719 --> 00:41:54,480
Speaker 1: on issues that are going to divide the Republican electeds

832
00:41:54,560 --> 00:41:57,360
Speaker 1: and also that put them out of step even with

833
00:41:57,480 --> 00:42:02,319
Speaker 1: a majority of their own. So first one that we'll

834
00:42:02,360 --> 00:42:06,120
Speaker 1: talk about here is Democrats in the House put up

835
00:42:06,120 --> 00:42:10,960
Speaker 1: a bill that would that would secure access to contraception.

836
00:42:11,120 --> 00:42:12,760
Speaker 1: Let's go ahead and put this up on the screen,

837
00:42:12,880 --> 00:42:18,240
Speaker 1: so you'll recall that. In that his concurring opinion, Justice

838
00:42:18,320 --> 00:42:21,160
Speaker 1: Thomas sort of floated, you know, these other things like

839
00:42:21,239 --> 00:42:24,879
Speaker 1: the right to contraception and gay marriage, I personally think

840
00:42:25,080 --> 00:42:27,839
Speaker 1: those if you follow this logic here, those should also

841
00:42:28,120 --> 00:42:31,080
Speaker 1: go away. So that has caused Democrats and a lot

842
00:42:31,080 --> 00:42:33,440
Speaker 1: of people around the country to say, WHOA, we need

843
00:42:33,560 --> 00:42:35,719
Speaker 1: to make sure these rights are protected as well. So

844
00:42:36,200 --> 00:42:39,200
Speaker 1: Democrats put up this vote on the right to contraception,

845
00:42:39,719 --> 00:42:46,520
Speaker 1: and the entire House Republican Caucus save for ten, voted

846
00:42:46,680 --> 00:42:52,480
Speaker 1: against ensuring the right to contraception. The few handful that

847
00:42:52,680 --> 00:42:56,000
Speaker 1: voted for the right to contraception, a number of them,

848
00:42:56,080 --> 00:42:59,280
Speaker 1: I'll just read you the names. It's Cheney, mace Upton, Kinziger,

849
00:42:59,400 --> 00:43:02,520
Speaker 1: kat Co, It's Patrick, Salazar, and Gonzalez. Four of those

850
00:43:02,600 --> 00:43:06,040
Speaker 1: are about to retire. Cheney is about to lose. So

851
00:43:06,480 --> 00:43:09,759
Speaker 1: even the ones that voted for it N two two, Yeah,

852
00:43:09,880 --> 00:43:13,160
Speaker 1: there are two present votes. But the you know of

853
00:43:13,280 --> 00:43:16,800
Speaker 1: the eight that actually voted for the right to contraception

854
00:43:17,360 --> 00:43:20,879
Speaker 1: birth control, most of them are going to are about

855
00:43:20,920 --> 00:43:22,560
Speaker 1: to be gone. I think it's very smart. I mean,

856
00:43:22,640 --> 00:43:24,560
Speaker 1: this is what I said, which we were talking about,

857
00:43:24,560 --> 00:43:26,360
Speaker 1: were like, okay, look the votes on row they're not

858
00:43:26,480 --> 00:43:28,800
Speaker 1: there fifteen weeks. I think they actually might exist, and

859
00:43:28,880 --> 00:43:30,840
Speaker 1: if they don't, well, you know, people are going to

860
00:43:30,880 --> 00:43:32,719
Speaker 1: have to stand up and are going to have to

861
00:43:32,760 --> 00:43:35,880
Speaker 1: ask questions about why exactly they voted against it. And

862
00:43:36,160 --> 00:43:38,279
Speaker 1: this is the perfect example, which is that this was

863
00:43:38,360 --> 00:43:41,319
Speaker 1: something guaranteed. I think it was nineteen sixty five. It's

864
00:43:41,360 --> 00:43:44,800
Speaker 1: like Griswold v. Connecticut in terms of contraception. So I

865
00:43:44,840 --> 00:43:46,560
Speaker 1: mean this is I mean, obviously this was one of

866
00:43:46,640 --> 00:43:51,000
Speaker 1: the major breakthroughs in American civil society, and it changed

867
00:43:51,320 --> 00:43:53,160
Speaker 1: the entire country. He has kind of been a foregone

868
00:43:53,440 --> 00:43:55,040
Speaker 1: conclusion at this point. I don't even know if we

869
00:43:55,120 --> 00:43:57,880
Speaker 1: have any polling on it because it's just so fringe.

870
00:43:58,000 --> 00:44:00,279
Speaker 1: So one of those things that people are just you know,

871
00:44:00,400 --> 00:44:03,239
Speaker 1: and okay, so I'll try and represent the opposition. I

872
00:44:03,320 --> 00:44:05,480
Speaker 1: actually asked, I was like, is there any reason in

873
00:44:05,600 --> 00:44:08,120
Speaker 1: order to support this? Apparently there is a form of

874
00:44:08,400 --> 00:44:12,960
Speaker 1: hormonal IUD, which is considered by some people who are

875
00:44:13,080 --> 00:44:16,520
Speaker 1: religious to be analogous to abortion. I'm just listening. I'm

876
00:44:16,600 --> 00:44:19,719
Speaker 1: just representing what I have heard. So there's this one

877
00:44:19,880 --> 00:44:22,920
Speaker 1: particular form of I think it's the copper iu D.

878
00:44:23,080 --> 00:44:25,399
Speaker 1: And look, I'm sorry for getting into this, but from

879
00:44:25,680 --> 00:44:28,640
Speaker 1: as I understand it, that is one which they consider

880
00:44:29,000 --> 00:44:32,680
Speaker 1: to be like abortive in some copper ID is actually

881
00:44:33,000 --> 00:44:36,200
Speaker 1: very common and is the most I don't know if

882
00:44:36,239 --> 00:44:38,200
Speaker 1: that's actually the one that they're worried about. I think

883
00:44:38,200 --> 00:44:40,640
Speaker 1: it's just like the most standard one that you can want.

884
00:44:40,640 --> 00:44:42,680
Speaker 1: I think that's the hormonal i D versus the copper

885
00:44:42,719 --> 00:44:45,000
Speaker 1: one is. Anyway, again, I don't really know, but from

886
00:44:45,040 --> 00:44:47,239
Speaker 1: what I understood and what you're represented to me, that

887
00:44:47,560 --> 00:44:50,880
Speaker 1: is the quote unquote religious objection to overall contraceptions. So

888
00:44:50,960 --> 00:44:53,040
Speaker 1: they're like, well, if they have carved that out, it's like, okay,

889
00:44:53,280 --> 00:44:54,960
Speaker 1: I mean I don't really believe it, but I'm just

890
00:44:55,000 --> 00:44:57,480
Speaker 1: saying that is that is the justification for which the

891
00:44:57,600 --> 00:44:59,960
Speaker 1: vote is. And you actually found this, well, go ahea.

892
00:45:00,000 --> 00:45:02,520
Speaker 1: I mean, in some ways that makes it worse because

893
00:45:03,400 --> 00:45:05,279
Speaker 1: the only thing I could come up with is that

894
00:45:05,440 --> 00:45:08,160
Speaker 1: they just didn't want to give Democrats a win. Yeah,

895
00:45:08,200 --> 00:45:11,600
Speaker 1: so it was just like pure political calculation. But if

896
00:45:11,640 --> 00:45:15,360
Speaker 1: they're actually responding to the two percent of the country

897
00:45:15,719 --> 00:45:18,759
Speaker 1: that has an issue with this like copper IUD or

898
00:45:18,840 --> 00:45:21,920
Speaker 1: whatever the hell it is, that's I mean, that's in

899
00:45:22,000 --> 00:45:24,880
Speaker 1: some ways, that's even more troubling that they are so

900
00:45:25,239 --> 00:45:29,440
Speaker 1: responsive to the absolute most extremeist part of their base

901
00:45:29,920 --> 00:45:32,480
Speaker 1: that they would vote against something that I mean, this

902
00:45:32,600 --> 00:45:35,200
Speaker 1: has got to be like a ninety eight percent issue

903
00:45:35,400 --> 00:45:38,719
Speaker 1: in the country. That's that is pretty wid by the guess,

904
00:45:38,760 --> 00:45:41,200
Speaker 1: it's probably the hardcore folks are the ones talking about

905
00:45:41,200 --> 00:45:42,640
Speaker 1: copper IDs, and the most of them are like, I

906
00:45:42,719 --> 00:45:44,480
Speaker 1: just don't want to vote for anything that's a Democrat bill.

907
00:45:44,560 --> 00:45:47,680
Speaker 1: They're trying to come up with some kind of anyway.

908
00:45:47,880 --> 00:45:50,719
Speaker 1: There's at least some conservatives on Reddit who are very

909
00:45:50,760 --> 00:45:54,800
Speaker 1: confused about this represent well, but it's so interesting, Yes, exactly,

910
00:45:54,920 --> 00:45:57,480
Speaker 1: this isn't you know. Although again, I do think if

911
00:45:57,520 --> 00:46:01,840
Speaker 1: you pulled the Republican base on access to contraception, you

912
00:46:01,920 --> 00:46:05,879
Speaker 1: would overwhelmingly get people like, yeah, of course, obviously birth

913
00:46:05,960 --> 00:46:09,520
Speaker 1: control and if you care about preventing abortions. By the way,

914
00:46:10,480 --> 00:46:13,759
Speaker 1: access to contraception one of the most effective ways to

915
00:46:14,000 --> 00:46:16,680
Speaker 1: bring down the number of abortions, and has been very

916
00:46:16,719 --> 00:46:19,759
Speaker 1: effective as if it has become more widespread in doing so.

917
00:46:19,960 --> 00:46:23,879
Speaker 1: So here's a little bit of the commentary from conservatives.

918
00:46:24,000 --> 00:46:26,800
Speaker 1: One of them says, this is from the conservative reddit.

919
00:46:27,520 --> 00:46:31,640
Speaker 1: Birth control has literally prevented more abortions than any other entity,

920
00:46:31,800 --> 00:46:35,359
Speaker 1: hands down. You have people who are just genuinely trying

921
00:46:35,400 --> 00:46:38,759
Speaker 1: to figure out why anyone would be voting against this.

922
00:46:38,920 --> 00:46:41,120
Speaker 1: You have someone saying this is not even a government

923
00:46:41,239 --> 00:46:43,759
Speaker 1: will pay bills, so there's no argument here about like, oh,

924
00:46:43,800 --> 00:46:47,440
Speaker 1: we're funding it. Whatever someone says, who is voting against this?

925
00:46:47,600 --> 00:46:49,840
Speaker 1: I really want to know. I'll be watching my Republican

926
00:46:49,880 --> 00:46:52,719
Speaker 1: congressman regarding this. My mother and I are conservatives and

927
00:46:52,800 --> 00:46:55,719
Speaker 1: fully support it. We believe birth control prevents abortions. It's

928
00:46:55,800 --> 00:46:59,080
Speaker 1: a good thing. So there is at least some dissent

929
00:46:59,239 --> 00:47:03,359
Speaker 1: among the true believers here about why Republicans are having

930
00:47:03,400 --> 00:47:06,120
Speaker 1: trouble with this. Read it obviously overwhelming and younger more

931
00:47:06,160 --> 00:47:08,360
Speaker 1: represent so listen, I mean it's not representative, but I

932
00:47:08,440 --> 00:47:10,359
Speaker 1: did think it was an interesting catch. The reason why

933
00:47:10,360 --> 00:47:12,560
Speaker 1: I think this stuff matters is that this is entering

934
00:47:12,600 --> 00:47:15,160
Speaker 1: pop culture discourse in a way that politics hasn't in

935
00:47:15,239 --> 00:47:18,400
Speaker 1: a long time. You know, abortion, most people kind of did.

936
00:47:19,200 --> 00:47:22,200
Speaker 1: Most people were pretty had their minds made up on abortion.

937
00:47:22,400 --> 00:47:25,640
Speaker 1: And as we saw the enthusiasm, it's a slight gap

938
00:47:26,000 --> 00:47:28,120
Speaker 1: or increasing for the Democrats, but a lot of people

939
00:47:28,480 --> 00:47:30,480
Speaker 1: the minds were kind of made up. If in the

940
00:47:30,600 --> 00:47:32,799
Speaker 1: future to the extent that this will become a thing,

941
00:47:32,920 --> 00:47:35,160
Speaker 1: it's going to be stories like the ten year old

942
00:47:35,280 --> 00:47:37,400
Speaker 1: rape case. And eventually I think this will all culminate

943
00:47:37,480 --> 00:47:40,480
Speaker 1: in some crazy Terry Schivo situation, like nine years from now,

944
00:47:40,760 --> 00:47:43,239
Speaker 1: after some somebody writes a bill and then it gets

945
00:47:43,320 --> 00:47:45,600
Speaker 1: enforced and somebody who's like dad raped her at age

946
00:47:45,719 --> 00:47:47,239
Speaker 1: nine is going to be forced to carry a term.

947
00:47:47,840 --> 00:47:49,719
Speaker 1: Pradon stant is going to galvanize a whole country and

948
00:47:49,719 --> 00:47:52,520
Speaker 1: it'll change everything. But that's a long time away. This

949
00:47:52,920 --> 00:47:57,320
Speaker 1: I think is similar in that the contraception one. Again,

950
00:47:57,760 --> 00:48:00,160
Speaker 1: I see it entering pop culture in a way that

951
00:48:00,200 --> 00:48:02,440
Speaker 1: I haven't in a long time, almost since Oberga fell,

952
00:48:02,520 --> 00:48:05,319
Speaker 1: like twenty fifteen. Yeah, the gay marriage debates, and look,

953
00:48:05,360 --> 00:48:06,919
Speaker 1: I mean personally, I think a lot of these things

954
00:48:06,960 --> 00:48:10,120
Speaker 1: were very long decided and I don't really know why

955
00:48:10,160 --> 00:48:14,200
Speaker 1: you would pick a fighter even politically. Oh yes, move on,

956
00:48:14,600 --> 00:48:17,200
Speaker 1: just yeah, exactly, be like, Okay, at a certain point,

957
00:48:17,239 --> 00:48:19,400
Speaker 1: don't you want to deny the opposition the ability in

958
00:48:19,480 --> 00:48:20,759
Speaker 1: order to club you over the head with one of

959
00:48:20,800 --> 00:48:24,080
Speaker 1: your most unpopular decisions. The only alternative is either a

960
00:48:24,520 --> 00:48:26,320
Speaker 1: you think that you won't suffer a political price for it,

961
00:48:26,440 --> 00:48:28,200
Speaker 1: which you may not in the immediate term, but in

962
00:48:28,280 --> 00:48:30,360
Speaker 1: the future, I certainly think, I mean, let's say that

963
00:48:30,480 --> 00:48:33,840
Speaker 1: the I don't think the court will. However, justice Thomas,

964
00:48:34,320 --> 00:48:38,320
Speaker 1: I mean, in a certain way, he made democratic fears,

965
00:48:38,680 --> 00:48:41,200
Speaker 1: he realized them at the ultimate level because he was like, okay,

966
00:48:41,440 --> 00:48:43,520
Speaker 1: then all of this is on the table, which the

967
00:48:43,640 --> 00:48:46,920
Speaker 1: talking point for a long time was just abortion. I mean,

968
00:48:47,040 --> 00:48:50,400
Speaker 1: if you do follow the logic of the legal vision,

969
00:48:50,840 --> 00:48:54,600
Speaker 1: the legal logic, it does lead you to all of

970
00:48:54,680 --> 00:48:58,400
Speaker 1: these places. So I mean, he's he's kind of the

971
00:48:58,480 --> 00:49:00,640
Speaker 1: one that's being upfront about it because ars are like,

972
00:49:00,760 --> 00:49:03,440
Speaker 1: sh don't say that, because this is uncomfortable for us.

973
00:49:03,920 --> 00:49:06,799
Speaker 1: To your point, you know, Democrats for a long time

974
00:49:07,160 --> 00:49:09,480
Speaker 1: have been saying since the sort of politics of the

975
00:49:09,520 --> 00:49:12,000
Speaker 1: Tea Party era, and when you started having all of

976
00:49:12,080 --> 00:49:15,640
Speaker 1: these increasingly stringent abortion bands and trigger laws and trap

977
00:49:15,719 --> 00:49:17,560
Speaker 1: laws and all the stuff being passed across the country.

978
00:49:18,080 --> 00:49:22,440
Speaker 1: Democrats have been saying, even contraception is on the table here,

979
00:49:22,600 --> 00:49:26,960
Speaker 1: and Republicans, you're being ridiculous, you're fear mongering. Well, when

980
00:49:27,000 --> 00:49:31,120
Speaker 1: you have the entire Republican caucus save for a few

981
00:49:31,280 --> 00:49:33,879
Speaker 1: dissenters who are basically wildly out of step with most

982
00:49:33,880 --> 00:49:36,040
Speaker 1: of the caucus at this point, when you have that

983
00:49:36,280 --> 00:49:41,480
Speaker 1: entire caucus voting against access to contraception, you are just

984
00:49:41,680 --> 00:49:44,880
Speaker 1: confirming the worst caricature of your own party. And so

985
00:49:45,000 --> 00:49:46,640
Speaker 1: I do think for a lot of people, this is

986
00:49:46,760 --> 00:49:49,440
Speaker 1: kind of a like wait what moment? It's like what

987
00:49:49,880 --> 00:49:54,480
Speaker 1: what do people actually believe? Who are you actually serving? Like?

988
00:49:54,719 --> 00:49:57,520
Speaker 1: Who are you afraid of? What is this fringe part

989
00:49:57,640 --> 00:50:00,759
Speaker 1: of the movement that you are really beholden to. There's

990
00:50:01,120 --> 00:50:03,280
Speaker 1: the other piece here, and by the way, on contraception,

991
00:50:03,560 --> 00:50:05,920
Speaker 1: very unclear. Obviously it's past the House because Democrats have

992
00:50:06,000 --> 00:50:08,080
Speaker 1: control on you. It did get support from a handful

993
00:50:08,200 --> 00:50:12,040
Speaker 1: of Republicans like Liz Janey, but very unclear whether this

994
00:50:12,160 --> 00:50:14,560
Speaker 1: will ultimately get through the Senate. What the future is, Yeah,

995
00:50:14,760 --> 00:50:16,879
Speaker 1: give me area to take it up. Very unclear whether

996
00:50:16,920 --> 00:50:19,520
Speaker 1: they take it up, whether there are ten Republican votes

997
00:50:19,560 --> 00:50:25,160
Speaker 1: to overcome a filibuster very unknown. And also another vote

998
00:50:25,200 --> 00:50:28,120
Speaker 1: that has been taken in the House and is headed

999
00:50:28,160 --> 00:50:31,400
Speaker 1: to the Senate most likely is to codify and and

1000
00:50:31,480 --> 00:50:33,759
Speaker 1: shrine the right to gay marriage. That was another thing

1001
00:50:33,800 --> 00:50:35,840
Speaker 1: that Justice Thomas Flood of like, hey, I think a

1002
00:50:35,920 --> 00:50:39,359
Speaker 1: Bergefell was wrongly decided if we follow this logic as well,

1003
00:50:39,680 --> 00:50:41,200
Speaker 1: So let's go ahead and put this next piece up

1004
00:50:41,239 --> 00:50:43,280
Speaker 1: on the screen. This is called the Respect for Marriage

1005
00:50:43,360 --> 00:50:46,640
Speaker 1: Act the House on Tuesday past. This act would protect

1006
00:50:46,719 --> 00:50:49,560
Speaker 1: marriage equality by repealing the Defensive Marriage Act and providing

1007
00:50:49,640 --> 00:50:52,920
Speaker 1: federal protections for same sex and interracial couples. This is

1008
00:50:53,000 --> 00:50:55,640
Speaker 1: a a position that is supported now by seventy one

1009
00:50:55,640 --> 00:50:58,960
Speaker 1: percent or so of the public. It's supported by a

1010
00:50:59,040 --> 00:51:04,080
Speaker 1: majority of the republic voting base, but again you have

1011
00:51:04,560 --> 00:51:08,120
Speaker 1: most of the Republican caucus voting against it. The bill

1012
00:51:08,120 --> 00:51:10,479
Speaker 1: passed two hundred and sixty seven to one, fifty seven.

1013
00:51:10,680 --> 00:51:13,120
Speaker 1: Forty seven Republicans and more, I guess support gay marriage

1014
00:51:13,160 --> 00:51:16,759
Speaker 1: and contraception, joining every Democrat voting in favor of the bill,

1015
00:51:17,239 --> 00:51:21,200
Speaker 1: and again going to the Senate. So far right now,

1016
00:51:21,320 --> 00:51:24,239
Speaker 1: publicly we don't have ten Republicans who have said that

1017
00:51:24,320 --> 00:51:27,920
Speaker 1: they would vote in favor of gay marriage. And you

1018
00:51:28,040 --> 00:51:31,520
Speaker 1: have a couple of other measures that do directly involve

1019
00:51:31,560 --> 00:51:34,759
Speaker 1: abortion that Democrats are pushing as well. They think both

1020
00:51:34,840 --> 00:51:37,520
Speaker 1: of those would surely fail in the Senate. One would

1021
00:51:37,560 --> 00:51:40,239
Speaker 1: enshrine the right to abortion into federal law. The other

1022
00:51:40,360 --> 00:51:43,239
Speaker 1: would ban states from interfering with a woman's right to

1023
00:51:43,400 --> 00:51:46,800
Speaker 1: travel for the procedure. So that again is you know,

1024
00:51:46,960 --> 00:51:50,560
Speaker 1: that's a very mainstream position that they expect to get

1025
00:51:50,760 --> 00:51:52,880
Speaker 1: little or no support for me. It was interesting. Actually

1026
00:51:53,239 --> 00:51:55,440
Speaker 1: this happened literally the day that we left, if you

1027
00:51:55,520 --> 00:51:57,439
Speaker 1: didn't get to cover it, but there was that interesting moment,

1028
00:51:57,600 --> 00:52:00,399
Speaker 1: and I think it was Senator Senator Duckworth the floor

1029
00:52:00,600 --> 00:52:02,719
Speaker 1: like saying, hey, we need to have this bill. And

1030
00:52:02,920 --> 00:52:05,560
Speaker 1: James Langford, he's I believe he's one of the founders

1031
00:52:05,600 --> 00:52:08,120
Speaker 1: of like a National Prayer Breakfast. Senator from Oklahoma is

1032
00:52:08,200 --> 00:52:10,440
Speaker 1: very evangelical Christian. He was like, look, we're not going

1033
00:52:10,480 --> 00:52:12,439
Speaker 1: to be voting on hypotheticals. And it's like, well, hold

1034
00:52:12,480 --> 00:52:14,240
Speaker 1: on it. This is not hypothetical. It's like, this actually

1035
00:52:14,320 --> 00:52:17,160
Speaker 1: is being considered and law. Yeah, it's an actual law.

1036
00:52:17,480 --> 00:52:20,520
Speaker 1: It puts people in a difficult position. It is weird

1037
00:52:20,600 --> 00:52:22,640
Speaker 1: and fascinating to me that you got more of them

1038
00:52:22,760 --> 00:52:27,320
Speaker 1: to vote for same sex marriage than they did for contraception. Honestly,

1039
00:52:27,480 --> 00:52:29,680
Speaker 1: Satan says marriage seems far more controversial, so I don't

1040
00:52:29,680 --> 00:52:32,360
Speaker 1: really get it. But anyway, in terms of the votes

1041
00:52:32,440 --> 00:52:34,960
Speaker 1: in the Senate, this one so according to Dick Durbin,

1042
00:52:35,160 --> 00:52:37,560
Speaker 1: who I think is a number two, number three Democrat

1043
00:52:37,800 --> 00:52:39,920
Speaker 1: who's in the Senate, he said he believes that the

1044
00:52:39,960 --> 00:52:42,840
Speaker 1: consortception bill and the same sex marriage bill will garner

1045
00:52:42,920 --> 00:52:46,240
Speaker 1: sixty votes needed to overcome filibuster. He could be spinning.

1046
00:52:46,560 --> 00:52:50,080
Speaker 1: I have no idea, but Susan Collins actually is a

1047
00:52:50,200 --> 00:52:53,920
Speaker 1: co sponsor of the legislation. Lisa Murkowski already come out

1048
00:52:53,960 --> 00:52:57,239
Speaker 1: and said this. Senator Rob Portman was already co sponsoring

1049
00:52:57,280 --> 00:53:01,080
Speaker 1: the Senate version. Senator Tom Stillis said he probably will

1050
00:53:01,239 --> 00:53:04,520
Speaker 1: vote to enshrine the right for same sex marriage into

1051
00:53:04,560 --> 00:53:07,480
Speaker 1: federal law, and then Ron Johnson kind of coming out

1052
00:53:07,480 --> 00:53:10,239
Speaker 1: of nowhere and also saying that he would vote for it.

1053
00:53:10,360 --> 00:53:12,919
Speaker 1: Johnson is an interesting one to me and really wanted

1054
00:53:12,920 --> 00:53:14,759
Speaker 1: to look at because Johnson is kind of like a

1055
00:53:14,920 --> 00:53:17,880
Speaker 1: maga libertarian. I guess it's the best way to put it.

1056
00:53:17,960 --> 00:53:20,880
Speaker 1: You know, he's very pro business, but at the end

1057
00:53:20,920 --> 00:53:22,920
Speaker 1: of the day, he's from a swing state, and so

1058
00:53:23,400 --> 00:53:27,320
Speaker 1: that for for reelection, of which he barely won the

1059
00:53:27,440 --> 00:53:29,920
Speaker 1: last time around. People forget this, but the Kochs basically

1060
00:53:30,120 --> 00:53:33,000
Speaker 1: dragged his ass across the line. Spent twenty five million

1061
00:53:33,040 --> 00:53:35,120
Speaker 1: dollars in the last like two weeks of the election

1062
00:53:35,200 --> 00:53:37,080
Speaker 1: in order to I think he was up up again

1063
00:53:37,120 --> 00:53:40,240
Speaker 1: against Russ finegeld Well. Anyway, he's in a tough reelection

1064
00:53:40,360 --> 00:53:43,640
Speaker 1: and so he clearly sees this as politically advantageous. So

1065
00:53:43,920 --> 00:53:47,520
Speaker 1: I found the Johnson crossover to be frankly the most

1066
00:53:47,640 --> 00:53:50,680
Speaker 1: interesting one so far. So will there be five more?

1067
00:53:51,000 --> 00:53:54,080
Speaker 1: We don't know. However, we do know this is something

1068
00:53:54,239 --> 00:53:56,840
Speaker 1: currently being espoused by Ted Cruz. Remember he was a

1069
00:53:56,920 --> 00:54:00,800
Speaker 1: Supreme Court you know, legis litigator and all that from Texas.

1070
00:54:00,920 --> 00:54:02,880
Speaker 1: He came out and said that he believes that the

1071
00:54:03,840 --> 00:54:06,520
Speaker 1: that the Court was clearly wrong in their decision. Here,

1072
00:54:06,719 --> 00:54:08,719
Speaker 1: let's go ahead and take a listen to that. Uh

1073
00:54:08,840 --> 00:54:11,279
Speaker 1: In Oberga Fell, the court said no, we know better

1074
00:54:11,320 --> 00:54:16,160
Speaker 1: than you guys do, and now every state must must sanction,

1075
00:54:16,400 --> 00:54:19,719
Speaker 1: then and permit gay marriage. I think that decision was

1076
00:54:19,760 --> 00:54:24,520
Speaker 1: clearly wrong when it was decided, it was the court overreaching.

1077
00:54:26,280 --> 00:54:28,840
Speaker 1: So there you go. I mean, and again most of

1078
00:54:28,880 --> 00:54:30,520
Speaker 1: these guys, the way that they talk about it is

1079
00:54:30,560 --> 00:54:33,120
Speaker 1: exactly in this way, which is well, the Defensive Marriage

1080
00:54:33,160 --> 00:54:35,200
Speaker 1: Act was the law of the land passed by Congress,

1081
00:54:35,200 --> 00:54:36,799
Speaker 1: so if you want to change it, then Congress has

1082
00:54:36,800 --> 00:54:39,360
Speaker 1: to change it. And they don't really articulate their position

1083
00:54:39,400 --> 00:54:40,759
Speaker 1: on it. But then if push came to shave, you'll

1084
00:54:40,760 --> 00:54:43,560
Speaker 1: probably got against it. So it's like that is the thing,

1085
00:54:43,719 --> 00:54:47,320
Speaker 1: right Because after Roe was overturned, that was some of

1086
00:54:47,400 --> 00:54:48,840
Speaker 1: the talking pot was like, Oh, if you want to

1087
00:54:48,920 --> 00:54:52,040
Speaker 1: change it, go and legislate it. Now that they're like okay,

1088
00:54:52,200 --> 00:54:54,799
Speaker 1: we're going to legislate on it, you have all these

1089
00:54:54,880 --> 00:54:56,840
Speaker 1: guys gun and put Mark or Rubyo up on the

1090
00:54:56,880 --> 00:54:59,040
Speaker 1: screen and were like, this is a waste of time.

1091
00:54:59,200 --> 00:55:02,600
Speaker 1: Why are we bob with this when their message previously

1092
00:55:02,800 --> 00:55:04,399
Speaker 1: was like, oh, if you want to deal with this issue,

1093
00:55:04,440 --> 00:55:06,720
Speaker 1: then we have a process, go through the legislative process.

1094
00:55:06,760 --> 00:55:08,880
Speaker 1: So he says there's a host of other issues that

1095
00:55:08,920 --> 00:55:11,799
Speaker 1: people don't spend all day on Twitter care about their

1096
00:55:12,000 --> 00:55:14,440
Speaker 1: entire Agena is really responsive to the donor base and

1097
00:55:14,440 --> 00:55:16,719
Speaker 1: their activist base, not response to the vast majority of

1098
00:55:16,719 --> 00:55:19,480
Speaker 1: Americans against seventy one percent of American support gay marriage.

1099
00:55:19,760 --> 00:55:22,640
Speaker 1: Those aren't real issues. I've never seen a person come

1100
00:55:22,760 --> 00:55:25,320
Speaker 1: up to me and talk about getting rid of gay marriage.

1101
00:55:25,640 --> 00:55:27,680
Speaker 1: This is what their base is demanding they do. Their

1102
00:55:27,760 --> 00:55:29,920
Speaker 1: radical base represents probably two percent of the country, but

1103
00:55:30,000 --> 00:55:32,839
Speaker 1: a significant majority of the people who give them their money. Again,

1104
00:55:33,560 --> 00:55:36,840
Speaker 1: Rubio voting saying effectively, he's going to vote against this

1105
00:55:36,920 --> 00:55:38,840
Speaker 1: because he thinks it's a waste of time. If you

1106
00:55:38,880 --> 00:55:40,880
Speaker 1: think it's a waste of time, just vote yes and

1107
00:55:41,000 --> 00:55:43,840
Speaker 1: move on. I mean, that's the obvious answer here. So

1108
00:55:43,960 --> 00:55:47,120
Speaker 1: there are some real mental gymnastics going on to try

1109
00:55:47,200 --> 00:55:50,360
Speaker 1: to pretend like this isn't a live issue when you

1110
00:55:50,480 --> 00:55:52,640
Speaker 1: got your buddy Ted Cruz out there like, yeah, this

1111
00:55:52,800 --> 00:55:54,279
Speaker 1: is a live issue, and I think we need to

1112
00:55:54,320 --> 00:55:56,120
Speaker 1: go in the other direction. And Ted is playing the

1113
00:55:56,200 --> 00:55:58,399
Speaker 1: game the same we did in twenty sixteen. He's trying

1114
00:55:58,440 --> 00:56:00,880
Speaker 1: to shore up any of the evangelical vote they possibly

1115
00:56:00,920 --> 00:56:03,200
Speaker 1: could in a primary. And we're gonna probably talk tomorrow

1116
00:56:03,239 --> 00:56:05,880
Speaker 1: about you know, Mike Pence also wanting to run. Remember,

1117
00:56:05,960 --> 00:56:09,000
Speaker 1: he wants an outright ban, national ban on abortion. So

1118
00:56:09,440 --> 00:56:11,839
Speaker 1: what I think is interesting is what is Trump think

1119
00:56:12,080 --> 00:56:14,879
Speaker 1: about all this. The guy's gonna run soon, somebody's gonna

1120
00:56:14,920 --> 00:56:17,000
Speaker 1: ask him. Somebody should I mean, frankly, if I get

1121
00:56:17,000 --> 00:56:18,680
Speaker 1: the interview, I'll ask him. Yeah, I'd be like, hey,

1122
00:56:18,920 --> 00:56:21,520
Speaker 1: what do you think should you outlaw? And I'd love

1123
00:56:21,560 --> 00:56:22,879
Speaker 1: to see what he said. I'd love to see also

1124
00:56:22,920 --> 00:56:25,040
Speaker 1: what he says about gay marriage, because now these are

1125
00:56:25,080 --> 00:56:27,320
Speaker 1: all things on the table which he avoided like a plague.

1126
00:56:27,360 --> 00:56:29,520
Speaker 1: Whenever he was there, he would say so like yeah,

1127
00:56:29,640 --> 00:56:31,520
Speaker 1: you know, and he would call himself pro life. But

1128
00:56:31,600 --> 00:56:33,520
Speaker 1: as we know from the reporting, like he even thought

1129
00:56:33,560 --> 00:56:35,440
Speaker 1: that their overturn of Row was going to be bad

1130
00:56:35,520 --> 00:56:37,920
Speaker 1: for Republicans, and as usual, I actually think he's a

1131
00:56:38,000 --> 00:56:40,680
Speaker 1: better politician than most of these people and knows better.

1132
00:56:40,800 --> 00:56:43,600
Speaker 1: So it will be very interesting to me to see

1133
00:56:43,640 --> 00:56:46,239
Speaker 1: how he's going to handle right that question because we

1134
00:56:46,320 --> 00:56:49,279
Speaker 1: know where Mike Pencill go. Of course, Michael side with

1135
00:56:49,320 --> 00:56:51,640
Speaker 1: the evangelicals, no doubt, and he's going to maybe hit

1136
00:56:51,760 --> 00:56:53,880
Speaker 1: Trump over the head with that. Again, I still think

1137
00:56:53,880 --> 00:56:55,520
Speaker 1: Trump would win in a primary. I don't think it's matter.

1138
00:56:55,760 --> 00:56:57,520
Speaker 1: But what does that mean for a general election, where

1139
00:56:57,520 --> 00:56:59,759
Speaker 1: do you think DeSantis will fall? Because I mean he

1140
00:56:59,920 --> 00:57:02,239
Speaker 1: is to keep his mouth mighty quiet. Yes he had

1141
00:57:02,880 --> 00:57:07,640
Speaker 1: I mean because he's really cultivated sort of evangelical right

1142
00:57:07,840 --> 00:57:12,359
Speaker 1: cultural conservative base as well. So this will listen, who

1143
00:57:12,480 --> 00:57:15,719
Speaker 1: at this point in America doesn't have friends who are gay, right,

1144
00:57:16,160 --> 00:57:19,080
Speaker 1: doesn't have people that they know, love care about in

1145
00:57:19,160 --> 00:57:22,760
Speaker 1: their family who are gay, who are married. And so

1146
00:57:23,200 --> 00:57:26,000
Speaker 1: just on a personal level, we were thinking about, Okay,

1147
00:57:26,080 --> 00:57:28,040
Speaker 1: why did this actually perform a little better in the

1148
00:57:28,080 --> 00:57:30,360
Speaker 1: House in the contraception. I actually think that that is

1149
00:57:30,480 --> 00:57:33,640
Speaker 1: part of it is because how can you look your

1150
00:57:33,800 --> 00:57:36,080
Speaker 1: friend or loved one or whoever in the eye and

1151
00:57:36,200 --> 00:57:39,919
Speaker 1: explain this vote and this position that is just antithetical

1152
00:57:40,080 --> 00:57:43,480
Speaker 1: to their you know, the building blocks of their life.

1153
00:57:44,040 --> 00:57:48,320
Speaker 1: So this it does really put Republicans in difficult position

1154
00:57:48,480 --> 00:57:50,960
Speaker 1: because while I think a majority of Republicans at this

1155
00:57:52,360 --> 00:57:55,160
Speaker 1: a marriage pulling bear set out routinely, most people have

1156
00:57:55,240 --> 00:57:59,960
Speaker 1: accepted and moved on. The base that is most energized

1157
00:58:00,080 --> 00:58:02,960
Speaker 1: about this is very, very a post and they have

1158
00:58:03,040 --> 00:58:05,240
Speaker 1: a lot of power in the caucus. That's why they're

1159
00:58:05,240 --> 00:58:07,440
Speaker 1: trying to come up with these rationalizations. Like I think

1160
00:58:07,520 --> 00:58:10,560
Speaker 1: Rubyo is a perfect example here of not saying whether

1161
00:58:10,600 --> 00:58:12,760
Speaker 1: he's for it or against it, just trying to come

1162
00:58:12,840 --> 00:58:14,320
Speaker 1: up with a third way that it is a waste

1163
00:58:14,320 --> 00:58:17,880
Speaker 1: of time. Come on, these senators and members of CONR.

1164
00:58:17,960 --> 00:58:21,360
Speaker 1: They waste their time all day long, like naming post

1165
00:58:21,440 --> 00:58:23,480
Speaker 1: offices and whatever. And yet this is where you draw

1166
00:58:23,560 --> 00:58:26,960
Speaker 1: the line when in fact, this is a live issue

1167
00:58:27,040 --> 00:58:29,320
Speaker 1: that a lot of people do care about and is

1168
00:58:29,360 --> 00:58:32,880
Speaker 1: really cool to their sort of just basic function basic right, Yeah,

1169
00:58:32,880 --> 00:58:35,480
Speaker 1: I went to There was a good story two weeks ago,

1170
00:58:36,520 --> 00:58:38,440
Speaker 1: right around when we were doing the show about DeSantis.

1171
00:58:38,480 --> 00:58:41,080
Speaker 1: It says a culture warrior goes quiet. DeSantis dodges questions

1172
00:58:41,320 --> 00:58:43,640
Speaker 1: on abortions. Obviously he's gone ahead and sign the fifteen

1173
00:58:43,680 --> 00:58:45,160
Speaker 1: week Man. You know, the fifteen week Man actually is

1174
00:58:45,200 --> 00:58:48,040
Speaker 1: overwhelming popular, that's like seventy percent of people. But he's

1175
00:58:48,120 --> 00:58:50,200
Speaker 1: not going six all right. He says he will, but

1176
00:58:50,240 --> 00:58:52,560
Speaker 1: he's not fighting for it. Hasn't opened his mouth. He's

1177
00:58:52,560 --> 00:58:55,840
Speaker 1: been very very quiet. They've been very vague about it.

1178
00:58:55,840 --> 00:58:58,800
Speaker 1: No interviewews like what they're doing. The judge struck it

1179
00:58:58,880 --> 00:59:02,680
Speaker 1: down frankly doing fai politically. So they're in a situation

1180
00:59:02,800 --> 00:59:05,840
Speaker 1: where the state leg also if Florida is just different.

1181
00:59:05,920 --> 00:59:08,240
Speaker 1: So you know, even Rubio like he's he could have

1182
00:59:08,400 --> 00:59:10,800
Speaker 1: some trouble, although you know, Florida is a red state

1183
00:59:10,880 --> 00:59:13,040
Speaker 1: at this point, Rick Scott I checked. I haven't seen

1184
00:59:13,240 --> 00:59:15,919
Speaker 1: anything that he said on this too. So these guys,

1185
00:59:16,000 --> 00:59:18,440
Speaker 1: you know, remember they only win elections by three four points,

1186
00:59:18,480 --> 00:59:21,000
Speaker 1: so they still have to worry about how things are

1187
00:59:21,040 --> 00:59:23,880
Speaker 1: going to go their way. And Desanders himself is running

1188
00:59:24,160 --> 00:59:26,920
Speaker 1: for reelection in the state, so he himself also has

1189
00:59:26,960 --> 00:59:29,480
Speaker 1: to think about that too. So interesting, you don't have

1190
00:59:29,680 --> 00:59:34,400
Speaker 1: to answer some questions at some point. Yeah, okay. Another

1191
00:59:34,480 --> 00:59:38,080
Speaker 1: story we've been tracking very closely here is the chaos

1192
00:59:38,320 --> 00:59:43,080
Speaker 1: at American airports across the country. You will recall they

1193
00:59:43,160 --> 00:59:46,439
Speaker 1: got smacked down. Airlines previously got smacked down for trying

1194
00:59:46,480 --> 00:59:48,560
Speaker 1: to say, oh, it's the FAA, which listen, the FAA

1195
00:59:48,680 --> 00:59:51,200
Speaker 1: did have some staffing problems coming out of COVID. Those

1196
00:59:51,280 --> 00:59:53,520
Speaker 1: have not been entirely resolved, but they have done a

1197
00:59:53,600 --> 00:59:56,760
Speaker 1: lot actually to get their issues under control. Now we

1198
00:59:56,880 --> 01:00:01,080
Speaker 1: have some hard numbers about exactly what has been the

1199
01:00:01,200 --> 01:00:05,360
Speaker 1: biggest cause of delays, and it does land right at

1200
01:00:05,360 --> 01:00:08,360
Speaker 1: the feet of the major airline carriers. Let's take a

1201
01:00:08,440 --> 01:00:11,240
Speaker 1: look at this. This is from the Washington Posts. They

1202
01:00:11,240 --> 01:00:13,720
Speaker 1: say airlines tried shifting blame, but they are the biggest

1203
01:00:14,120 --> 01:00:17,120
Speaker 1: cause of delays. After faulting air traffic controllers for delays

1204
01:00:17,120 --> 01:00:20,320
Speaker 1: and cancelations, airline industry leaders are now taking a more

1205
01:00:20,440 --> 01:00:23,800
Speaker 1: conciliatory tone. So let me give you some of the

1206
01:00:23,920 --> 01:00:28,760
Speaker 1: numbers here. In terms of delays, air carriers were directly

1207
01:00:28,840 --> 01:00:32,760
Speaker 1: responsible for about forty one percent of the delays through May.

1208
01:00:33,400 --> 01:00:37,000
Speaker 1: Late arriving aircraft, which is another problem mostly attributable to

1209
01:00:37,080 --> 01:00:41,520
Speaker 1: the airlines, accounted for an additional thirty seven percent of delays,

1210
01:00:41,600 --> 01:00:44,280
Speaker 1: So we're talking about almost eighty percent of the delays

1211
01:00:44,880 --> 01:00:48,000
Speaker 1: caused by the airlines. The other things problems with the

1212
01:00:48,080 --> 01:00:51,120
Speaker 1: nation's airspace, such as congestion, bad weather, or staffing at

1213
01:00:51,120 --> 01:00:54,480
Speaker 1: air traffic control facilities, that was only seventeen percent of delays.

1214
01:00:54,760 --> 01:00:57,120
Speaker 1: That is the lowest level since officials began tracking the

1215
01:00:57,240 --> 01:00:59,680
Speaker 1: data in two thousand and four. Extreme weather is its

1216
01:00:59,680 --> 01:01:02,640
Speaker 1: own care category, counted for about five percent of delays.

1217
01:01:02,800 --> 01:01:07,920
Speaker 1: When you're talking about cancelations, you again have problems attributed

1218
01:01:07,960 --> 01:01:11,480
Speaker 1: to airlines cited in thirty eight percent of the cases,

1219
01:01:11,560 --> 01:01:15,040
Speaker 1: and that is a rate that has gone up astronomically

1220
01:01:15,440 --> 01:01:19,120
Speaker 1: since twenty twelve. So that is the highest rate of

1221
01:01:19,280 --> 01:01:24,080
Speaker 1: airline caused cancelations since they have been dragging in twenty twelve.

1222
01:01:24,360 --> 01:01:27,680
Speaker 1: The majority of cancelations did involve circumstances beyond the carriers

1223
01:01:27,720 --> 01:01:30,640
Speaker 1: control weather cited in fifty five percent of cases. National

1224
01:01:30,680 --> 01:01:35,040
Speaker 1: airspace problems counted for about seven percent of cancelations. But

1225
01:01:35,160 --> 01:01:39,160
Speaker 1: if you look at these numbers overall, clearly the blame

1226
01:01:39,360 --> 01:01:41,760
Speaker 1: is landing at the feed of the airlines, which again

1227
01:01:42,080 --> 01:01:44,840
Speaker 1: we bailed out because we said this is an important

1228
01:01:44,920 --> 01:01:46,880
Speaker 1: industry and we will bail you out, but you have

1229
01:01:47,000 --> 01:01:49,120
Speaker 1: to keep your people. They didn't exactly do that, and

1230
01:01:49,240 --> 01:01:51,480
Speaker 1: now they are booking way more flights than they are

1231
01:01:51,560 --> 01:01:54,040
Speaker 1: really capable of wind. What's also very interesting is that

1232
01:01:54,120 --> 01:01:56,400
Speaker 1: the CEO of United Airlines is actually pressed on its

1233
01:01:56,440 --> 01:01:58,960
Speaker 1: earnings call on Thursday. They're like, hey, you guys said

1234
01:01:59,000 --> 01:02:01,640
Speaker 1: it was the FA's fault, so do you still stand

1235
01:02:01,680 --> 01:02:04,520
Speaker 1: by that, And he's like, I've apologized his secretary buddhaj

1236
01:02:04,600 --> 01:02:08,000
Speaker 1: Edge for mischaracterizing. Yeah. It's like the people are getting

1237
01:02:08,040 --> 01:02:10,840
Speaker 1: screwed here. Really, what has happened is that they got

1238
01:02:10,920 --> 01:02:13,520
Speaker 1: called out is that the data came out, FAA was like, hey,

1239
01:02:13,560 --> 01:02:16,400
Speaker 1: you're full of shit, and look I'm the FAA. I

1240
01:02:16,480 --> 01:02:18,880
Speaker 1: got no sympathy. But if it was really their fault,

1241
01:02:19,000 --> 01:02:20,840
Speaker 1: we would fly them. But it's not that, you know,

1242
01:02:21,160 --> 01:02:23,600
Speaker 1: it's really not. And I think people are beginning to

1243
01:02:23,640 --> 01:02:26,520
Speaker 1: sense that there's all kinds of insane labor issues at

1244
01:02:26,520 --> 01:02:29,200
Speaker 1: the even point to in the story about people who

1245
01:02:29,240 --> 01:02:31,880
Speaker 1: are taking off and then literally being brought back to

1246
01:02:32,000 --> 01:02:33,760
Speaker 1: the gate because like, oh, it turns out one of

1247
01:02:33,800 --> 01:02:36,520
Speaker 1: the flight attendants on the flight has reached her mandatory

1248
01:02:37,080 --> 01:02:41,240
Speaker 1: amount of flying hours. All kinds of craziness. I think

1249
01:02:41,280 --> 01:02:45,560
Speaker 1: it just shows us clearly that these airlines are making

1250
01:02:45,880 --> 01:02:49,680
Speaker 1: record profits, which they are now saying the quiet part

1251
01:02:49,800 --> 01:02:52,200
Speaker 1: out loud. Our friend of the show, Matt Stoler, actually

1252
01:02:52,280 --> 01:02:56,520
Speaker 1: flagged this where lo and behold and airline executives. American

1253
01:02:56,560 --> 01:03:01,400
Speaker 1: air CEO celebrates his record earnings while also admitting that

1254
01:03:01,480 --> 01:03:04,160
Speaker 1: they have terrible reliability. Let's take a listen, Phil, it's

1255
01:03:04,200 --> 01:03:05,880
Speaker 1: great to be here talking to you today. You know,

1256
01:03:05,960 --> 01:03:08,000
Speaker 1: a quarter ago we said, hey, we're going to be

1257
01:03:08,040 --> 01:03:10,800
Speaker 1: back here talking to you about profitability, reliability. I'm so

1258
01:03:11,120 --> 01:03:13,680
Speaker 1: pleased of all of our team here that we're out

1259
01:03:13,720 --> 01:03:16,160
Speaker 1: here reporting a net income of five hundred and thirty

1260
01:03:16,160 --> 01:03:19,160
Speaker 1: three million dollars hitting our margin guide. It's a really

1261
01:03:19,280 --> 01:03:21,920
Speaker 1: important day for American airlines. We've got work to do

1262
01:03:22,000 --> 01:03:26,680
Speaker 1: in reliability. Work to do. So he is saying they

1263
01:03:26,720 --> 01:03:29,680
Speaker 1: are making great profit, that they are making a record

1264
01:03:29,680 --> 01:03:34,000
Speaker 1: amount of money, they're hitting their margins. Great, I fly awesome. Yea,

1265
01:03:34,080 --> 01:03:37,360
Speaker 1: he seems very happy. However, we've got work to do

1266
01:03:37,880 --> 01:03:40,240
Speaker 1: on reliability. So what the hell does that mean? How

1267
01:03:40,280 --> 01:03:42,160
Speaker 1: do you make a record amount of money when you're

1268
01:03:42,200 --> 01:03:45,680
Speaker 1: also canceling a record amount of flights? And we've also

1269
01:03:45,760 --> 01:03:48,160
Speaker 1: pointed this out just because they cancel it, they don't

1270
01:03:48,200 --> 01:03:49,960
Speaker 1: necessarily have to pay you back. They can give you

1271
01:03:50,000 --> 01:03:52,200
Speaker 1: flight credit and then you have to fly on American

1272
01:03:52,320 --> 01:03:55,160
Speaker 1: or fly on United or southwester whatever. So it's they

1273
01:03:55,200 --> 01:03:58,040
Speaker 1: get to keep much of the money and then they're

1274
01:03:58,080 --> 01:04:02,160
Speaker 1: supposed to be fined us to be And Secretary Buddha Jedge,

1275
01:04:02,200 --> 01:04:05,720
Speaker 1: I guess, to PBS's credit, actually did press him on

1276
01:04:06,160 --> 01:04:08,680
Speaker 1: what are you doing here? He lies here, will point

1277
01:04:08,680 --> 01:04:10,600
Speaker 1: out the lie to you after you listen to his answer.

1278
01:04:10,920 --> 01:04:14,960
Speaker 1: What about those lawmakers like Bernie Sanders Democrats in addition

1279
01:04:15,040 --> 01:04:17,479
Speaker 1: to him, who make the case that that fifty billion

1280
01:04:17,520 --> 01:04:20,400
Speaker 1: dollars that came with strings attached, and that the airlines

1281
01:04:20,400 --> 01:04:22,240
Speaker 1: when they do cancel on folks, when they do have

1282
01:04:23,120 --> 01:04:25,040
Speaker 1: folks waiting on the tarmac for x amount and out

1283
01:04:25,080 --> 01:04:27,480
Speaker 1: of hours, they should be fined heavily. Well, that's part

1284
01:04:27,520 --> 01:04:29,800
Speaker 1: of what we do as a department. Look, our preferred

1285
01:04:29,840 --> 01:04:32,360
Speaker 1: outcome is that the passenger doesn't have this problem in

1286
01:04:32,440 --> 01:04:34,880
Speaker 1: the first place. But when we find that an airline is,

1287
01:04:35,000 --> 01:04:38,040
Speaker 1: for example, failing to issue prompt refunds or in some

1288
01:04:38,200 --> 01:04:41,520
Speaker 1: other way not treating passengers fairly, we will act. As

1289
01:04:41,560 --> 01:04:43,840
Speaker 1: a matter of fact, a few months ago, we issued

1290
01:04:43,920 --> 01:04:47,720
Speaker 1: the stiffest fine in the history of our consumer protection program,

1291
01:04:47,800 --> 01:04:51,840
Speaker 1: and we have ongoing investigations about other practices. Again, we

1292
01:04:51,960 --> 01:04:54,480
Speaker 1: want things to go well, but when they don't, we

1293
01:04:54,560 --> 01:04:59,800
Speaker 1: will act. This dude is so full of slippery and slippery. Yeah,

1294
01:05:00,000 --> 01:05:03,439
Speaker 1: it's a lie because they don't tell what's the fine number? Yeah?

1295
01:05:03,480 --> 01:05:07,200
Speaker 1: What is crystal? So stolar again dug into this like, oh,

1296
01:05:07,400 --> 01:05:10,160
Speaker 1: stiffest fine an industry, blah blah blah. He says he's

1297
01:05:10,240 --> 01:05:13,120
Speaker 1: created an environment right for cheating by having his agency

1298
01:05:13,200 --> 01:05:16,919
Speaker 1: issue a record low number of aviation enforcement orders. That's

1299
01:05:17,000 --> 01:05:20,080
Speaker 1: not not portrayed at this interview here is it. They

1300
01:05:20,160 --> 01:05:22,840
Speaker 1: say the most significant action, the one he's talking about here,

1301
01:05:23,040 --> 01:05:26,840
Speaker 1: was a two million dollars fine Pennies in twenty twenty

1302
01:05:26,880 --> 01:05:29,080
Speaker 1: one against Air Canada, which the department issued because the

1303
01:05:29,080 --> 01:05:31,760
Speaker 1: airline openly said it would not adhere to the law.

1304
01:05:32,200 --> 01:05:34,840
Speaker 1: They announced a twenty five million dollars amount, cut lots

1305
01:05:34,840 --> 01:05:37,680
Speaker 1: of headlines for being tough. Then they negotiated it down

1306
01:05:37,800 --> 01:05:42,240
Speaker 1: to two million, and only half of that immediately required

1307
01:05:42,440 --> 01:05:45,320
Speaker 1: the amount, so low Air Canada didn't have to report

1308
01:05:45,400 --> 01:05:47,920
Speaker 1: the fine to investor. Yet Buddhaja is down there on

1309
01:05:47,960 --> 01:05:51,560
Speaker 1: TV bragging about his record fines against airlines. He is

1310
01:05:51,840 --> 01:05:56,000
Speaker 1: so full of shit, I mean, and slipper, like you said,

1311
01:05:56,080 --> 01:05:57,960
Speaker 1: And if you don't have all those facts at your

1312
01:05:58,000 --> 01:06:00,840
Speaker 1: disposal here that oh, I guess he's I guess he's

1313
01:06:00,840 --> 01:06:02,520
Speaker 1: actually I guess he's doing bird he wants him to do.

1314
01:06:02,640 --> 01:06:05,600
Speaker 1: And you know guess what also this guy and look fine,

1315
01:06:05,880 --> 01:06:08,400
Speaker 1: you know, but the administration tots trots him out on

1316
01:06:08,600 --> 01:06:12,160
Speaker 1: CNN to talk about gaym er. Fine, okay, whatever, you

1317
01:06:12,280 --> 01:06:14,800
Speaker 1: and your marriage, that's great, but you don't do your job.

1318
01:06:14,960 --> 01:06:16,880
Speaker 1: It's like he should have been. This is Stolen's point.

1319
01:06:17,040 --> 01:06:19,400
Speaker 1: Be the White House Press Secretary, frankly, be better than

1320
01:06:19,440 --> 01:06:21,880
Speaker 1: whoever this lady is. She's terrible. He would definitely be.

1321
01:06:22,280 --> 01:06:24,400
Speaker 1: He's good. He's a good buyer the government. He's a

1322
01:06:24,400 --> 01:06:26,480
Speaker 1: good buyer, as we all just saw. But he doesn't

1323
01:06:26,520 --> 01:06:29,840
Speaker 1: actually do his job, as we pointed out. They they

1324
01:06:29,920 --> 01:06:34,040
Speaker 1: canceled his own flight. All of this fake fakery. I mean,

1325
01:06:34,200 --> 01:06:38,560
Speaker 1: United outright lies about the FAA. Then the FA is like, no,

1326
01:06:38,720 --> 01:06:42,080
Speaker 1: you're lying, and the CEO is like, I personally apologize. Listen,

1327
01:06:42,240 --> 01:06:46,880
Speaker 1: there should be consequences. I mean, these are massively regulated businesses,

1328
01:06:47,000 --> 01:06:50,919
Speaker 1: and beyond that, consumers millions of us. I just flew

1329
01:06:51,240 --> 01:06:54,280
Speaker 1: we rely on this, and I heard stories I've said before.

1330
01:06:55,040 --> 01:06:57,640
Speaker 1: Think about how many people put their weddings on hold

1331
01:06:57,680 --> 01:06:59,320
Speaker 1: and are going on honeymoons. Do you know how many

1332
01:06:59,360 --> 01:07:02,560
Speaker 1: people have their honeymoons delayed, canceled or whatever for two

1333
01:07:02,680 --> 01:07:05,560
Speaker 1: straight days. I mean, I went to go my grandfather's

1334
01:07:05,640 --> 01:07:08,120
Speaker 1: ninetieth birthday. Luckily, flight was okay, I guess maybe because

1335
01:07:08,120 --> 01:07:10,400
Speaker 1: I'm flying international, But I met some people in the

1336
01:07:10,440 --> 01:07:13,080
Speaker 1: airport who were flying through Europe. Their air bags have

1337
01:07:13,120 --> 01:07:16,040
Speaker 1: been lost for six days. I mean the vacation's ruined.

1338
01:07:16,320 --> 01:07:19,120
Speaker 1: Look I'm not you know, yeah, okay, cry for people

1339
01:07:19,200 --> 01:07:21,320
Speaker 1: saved up for years. People were locked up for a

1340
01:07:21,400 --> 01:07:22,720
Speaker 1: long time. And if they can afford it, you know,

1341
01:07:22,760 --> 01:07:24,720
Speaker 1: why shouldn't they have a good time. And they're having

1342
01:07:24,800 --> 01:07:27,720
Speaker 1: a bad time directly because of the airlines. I mean

1343
01:07:27,760 --> 01:07:30,720
Speaker 1: they're pointing to Heathrow for example. Heathrow has had to

1344
01:07:30,800 --> 01:07:35,520
Speaker 1: cancel millions of flights, same thing, bags being lost all

1345
01:07:35,560 --> 01:07:39,560
Speaker 1: across this country. Many people making plans to go to birthdays, weddings, etc.

1346
01:07:40,280 --> 01:07:43,160
Speaker 1: And others all getting canceled, you know, reading about even

1347
01:07:43,400 --> 01:07:46,360
Speaker 1: basic flights like DC in Nashville. Some guy at his

1348
01:07:46,760 --> 01:07:49,200
Speaker 1: flight who was booked he was going to go celebrate

1349
01:07:49,280 --> 01:07:51,440
Speaker 1: one of his friend's birthdays. They said, oh, the next flight,

1350
01:07:51,440 --> 01:07:52,840
Speaker 1: you can't get on until tomorrow. They're like, well, the

1351
01:07:52,880 --> 01:07:55,480
Speaker 1: whole plan was to go today, So how are you

1352
01:07:55,520 --> 01:07:58,240
Speaker 1: supposed to plan your life whenever? These things don't work?

1353
01:07:58,320 --> 01:08:01,720
Speaker 1: So they need to take action on all of our behalf.

1354
01:08:01,800 --> 01:08:04,320
Speaker 1: I mean, as you said, we bailed these people out

1355
01:08:04,360 --> 01:08:07,240
Speaker 1: to the tune of fifty billion dollars. They had a

1356
01:08:07,560 --> 01:08:11,040
Speaker 1: special carve out in US law and they won't do

1357
01:08:11,120 --> 01:08:13,040
Speaker 1: their job. And you know what, everybody felt fine about

1358
01:08:13,080 --> 01:08:16,320
Speaker 1: that because everyone I was completely I was a travel

1359
01:08:16,400 --> 01:08:18,320
Speaker 1: I remember talking to Sarah Nelson about it is the

1360
01:08:18,400 --> 01:08:20,920
Speaker 1: head of the Flight Attendancy Union, and she's like, listen,

1361
01:08:21,000 --> 01:08:22,600
Speaker 1: this is actually a model for how it should be

1362
01:08:22,640 --> 01:08:25,040
Speaker 1: done because the requirement is that people keep their jobs,

1363
01:08:25,400 --> 01:08:27,800
Speaker 1: so they stay attached their employment, which was something that

1364
01:08:27,920 --> 01:08:31,920
Speaker 1: we were really encouraging and really in favor of while

1365
01:08:31,960 --> 01:08:34,360
Speaker 1: all the balance were being crafted. And then you know,

1366
01:08:34,439 --> 01:08:37,360
Speaker 1: they it's just outright fraud. One of the things that

1367
01:08:37,439 --> 01:08:40,880
Speaker 1: they do is they actually steal like trillions of dollars

1368
01:08:41,040 --> 01:08:44,280
Speaker 1: from consumers by trying to persuade them that, oh, you

1369
01:08:44,320 --> 01:08:47,840
Speaker 1: should just take the miles when they're actually entitled to

1370
01:08:48,080 --> 01:08:52,439
Speaker 1: cash refunds, and so they directly defraud consumers in that way.

1371
01:08:52,520 --> 01:08:55,320
Speaker 1: And then it is a form of fraud to sell

1372
01:08:55,479 --> 01:08:58,440
Speaker 1: all of these flights that you really have no ability

1373
01:08:58,520 --> 01:09:03,320
Speaker 1: to actually fly. So if you had a corporations are

1374
01:09:03,360 --> 01:09:06,000
Speaker 1: going to corporation, right, They're going to do everything they

1375
01:09:06,080 --> 01:09:08,200
Speaker 1: can to screw people over make the most amount of money.

1376
01:09:08,240 --> 01:09:10,400
Speaker 1: There's a lot of monopoly consolidation. You all know when

1377
01:09:10,400 --> 01:09:12,040
Speaker 1: you go to fly, you don't have a lot of choices.

1378
01:09:12,120 --> 01:09:15,000
Speaker 1: You need whatever flight at whatever time and whatever works

1379
01:09:15,040 --> 01:09:17,559
Speaker 1: in your schedule, so you don't have a lot of options.

1380
01:09:17,600 --> 01:09:20,200
Speaker 1: So they really do kind of have a lot of

1381
01:09:20,320 --> 01:09:22,840
Speaker 1: leverage over consumers in this situation. That's where you need

1382
01:09:23,040 --> 01:09:26,720
Speaker 1: a strong regulator to keep these people in check. And

1383
01:09:26,880 --> 01:09:30,439
Speaker 1: that's why having a pee botagic in this position that

1384
01:09:30,560 --> 01:09:34,920
Speaker 1: he was wholly unqualified for and is completely uninterested in

1385
01:09:35,080 --> 01:09:38,080
Speaker 1: doing the job is such a disaster. And I do

1386
01:09:38,240 --> 01:09:41,240
Speaker 1: think that ultimately this will have negative political impacts on him.

1387
01:09:41,280 --> 01:09:43,840
Speaker 1: I mean, he's moving to Michigan and measuring the drapes

1388
01:09:43,880 --> 01:09:46,360
Speaker 1: on some kind of statewide run there, or if Biden

1389
01:09:46,400 --> 01:09:48,840
Speaker 1: doesn't run in twenty twenty four, another run for president

1390
01:09:48,880 --> 01:09:51,680
Speaker 1: or whatever. But this is the one thing you were

1391
01:09:51,800 --> 01:09:54,880
Speaker 1: tasked with and you didn't really care to perform. You

1392
01:09:55,040 --> 01:09:57,479
Speaker 1: didn't deliver for people. So is that going to show

1393
01:09:57,560 --> 01:10:00,080
Speaker 1: up in your next run? I would certainly think that

1394
01:10:00,120 --> 01:10:02,560
Speaker 1: people would notice this. And the other reason why it

1395
01:10:02,680 --> 01:10:05,680
Speaker 1: matters even if you're not flying is I do think

1396
01:10:05,760 --> 01:10:09,040
Speaker 1: it just contributes to this general sense of everything is

1397
01:10:09,080 --> 01:10:12,880
Speaker 1: getting worse. It's chaos, Everything is getting worse. There's chaos.

1398
01:10:12,960 --> 01:10:14,720
Speaker 1: I mean, this is when I was talking to my

1399
01:10:14,840 --> 01:10:16,720
Speaker 1: dad last week, when I was you know, when we

1400
01:10:16,840 --> 01:10:18,320
Speaker 1: were off. This is the thing that he was saying

1401
01:10:18,360 --> 01:10:20,560
Speaker 1: to me is like, it just seems like everything is

1402
01:10:20,680 --> 01:10:22,960
Speaker 1: getting worse, and this is another sign of it. Is

1403
01:10:23,040 --> 01:10:25,599
Speaker 1: like you don't even want to try to fly because

1404
01:10:25,640 --> 01:10:27,120
Speaker 1: you don't want to have to deal with this kind

1405
01:10:27,160 --> 01:10:29,720
Speaker 1: of mess and chaos and your fate being in the

1406
01:10:29,800 --> 01:10:33,160
Speaker 1: hands of these people who really don't care and are

1407
01:10:33,200 --> 01:10:35,560
Speaker 1: happy to then go on CNBC and basically spit in

1408
01:10:35,640 --> 01:10:39,840
Speaker 1: your face by celebrating their record breaking profits. Congratulations, absolutely, Okay,

1409
01:10:40,400 --> 01:10:43,800
Speaker 1: the final one great story which we've been tracking, just

1410
01:10:43,920 --> 01:10:47,640
Speaker 1: had tocovery. It really is just disgusting and both the

1411
01:10:47,760 --> 01:10:49,840
Speaker 1: response and the actual facts of it. Let's go and

1412
01:10:49,920 --> 01:10:52,679
Speaker 1: put this up there on the screen. Paul Pelosi, Nancy

1413
01:10:52,680 --> 01:10:55,640
Speaker 1: Pelosi's husband, fresh off of his DUI ors outside of

1414
01:10:55,680 --> 01:11:00,000
Speaker 1: his Napa Valley vineyard, got ahead and purchased five minutes

1415
01:11:00,000 --> 01:11:03,400
Speaker 1: million dollars in stock options last week on a computer

1416
01:11:03,560 --> 01:11:06,760
Speaker 1: chip company ahead of a vote on legislation that would

1417
01:11:06,800 --> 01:11:10,360
Speaker 1: deliver billions of subsidies to boost the chip manufacturing industry. Now,

1418
01:11:10,400 --> 01:11:12,400
Speaker 1: I want to be clearer. One hundred percent support the

1419
01:11:12,479 --> 01:11:14,360
Speaker 1: Chips Act. I think CHIPS is one of the best

1420
01:11:14,400 --> 01:11:16,679
Speaker 1: pieces of legislation in the Senate, and we've been trying

1421
01:11:16,680 --> 01:11:18,600
Speaker 1: to get that thing through for two years. There are

1422
01:11:19,360 --> 01:11:21,680
Speaker 1: hundreds of thousands of jobs in the future that are

1423
01:11:21,760 --> 01:11:26,479
Speaker 1: on the line, Ohio, Arizona, Texas. This is the future

1424
01:11:26,560 --> 01:11:28,400
Speaker 1: of the US economy. We need it if we're going

1425
01:11:28,479 --> 01:11:31,840
Speaker 1: to have any sort of real reliance in the future.

1426
01:11:31,880 --> 01:11:34,360
Speaker 1: There's some specifics we can debate on, et cetera, and

1427
01:11:34,560 --> 01:11:37,479
Speaker 1: making sure that China doesn't take advantage. But on its face,

1428
01:11:37,600 --> 01:11:39,639
Speaker 1: it's a great piece of legislation. And this is why

1429
01:11:39,640 --> 01:11:42,760
Speaker 1: I'm so pissed off about it, is because they're undermining

1430
01:11:42,920 --> 01:11:46,240
Speaker 1: the trust in this by going and making clear here

1431
01:11:46,479 --> 01:11:49,720
Speaker 1: that he's using knowledge of what's happening in order to

1432
01:11:49,800 --> 01:11:51,920
Speaker 1: try and make tremendous amounts of money. And as I've

1433
01:11:51,920 --> 01:11:56,200
Speaker 1: already pointed out, Paul Pelosi is well into his eighties.

1434
01:11:56,600 --> 01:12:00,360
Speaker 1: He is an old man. He's also worth at least

1435
01:12:00,600 --> 01:12:03,720
Speaker 1: one hundred million dollars at least probably north of a

1436
01:12:03,800 --> 01:12:07,240
Speaker 1: quarter of a billion. Why, I mean, they take out

1437
01:12:07,320 --> 01:12:10,600
Speaker 1: these massive positions and also once again they're not just

1438
01:12:10,680 --> 01:12:14,320
Speaker 1: buying stock they're buying options which are obviously way more lucrative.

1439
01:12:14,400 --> 01:12:16,519
Speaker 1: So he is state, you know, if this goes through,

1440
01:12:16,600 --> 01:12:19,400
Speaker 1: it goes well, he's actually set to make even more

1441
01:12:19,479 --> 01:12:22,799
Speaker 1: money than your average trader, millions and millions of dollars

1442
01:12:23,120 --> 01:12:27,960
Speaker 1: on specific bets, clearly influenced by government policy. While his

1443
01:12:28,080 --> 01:12:31,519
Speaker 1: wife is the Speaker of the House and obviously has

1444
01:12:31,760 --> 01:12:36,200
Speaker 1: tremendous impact on this legislation, and yet when she's asked

1445
01:12:36,240 --> 01:12:39,040
Speaker 1: about it, she brushes it off completely and frankly really

1446
01:12:39,120 --> 01:12:42,639
Speaker 1: runs away from the question. Let's take a lesson. Over

1447
01:12:42,680 --> 01:12:45,040
Speaker 1: the course of your career, has your husband ever made

1448
01:12:45,040 --> 01:12:48,160
Speaker 1: a stock purchaser sale based on information users? What are

1449
01:12:48,200 --> 01:12:50,640
Speaker 1: you saying, over the course of your career, has your

1450
01:12:50,680 --> 01:12:52,840
Speaker 1: husband ever made a stock purchase of sale based on

1451
01:12:52,920 --> 01:13:04,800
Speaker 1: information you received from No? Absolutely not, no, absolutely not.

1452
01:13:05,120 --> 01:13:07,760
Speaker 1: Puts the mic down run. That's that's the comma. A trick,

1453
01:13:07,800 --> 01:13:09,800
Speaker 1: pretending not to hear the question. I guess that in

1454
01:13:10,040 --> 01:13:13,439
Speaker 1: California and Alfornia struggle with their hearing. Don't they forgot

1455
01:13:13,439 --> 01:13:15,200
Speaker 1: about it? She was like, what was that, I didn't

1456
01:13:15,200 --> 01:13:16,760
Speaker 1: hear the question? Yeah, you heard the question, remember on

1457
01:13:16,840 --> 01:13:19,479
Speaker 1: the the Medicare for All questions? Yeah, oh, I didn't understand.

1458
01:13:19,520 --> 01:13:21,879
Speaker 1: I didn't I didn't hear the question. Okay, whatever, Anyway,

1459
01:13:22,160 --> 01:13:24,000
Speaker 1: this is actually one of the most egregious I know.

1460
01:13:24,080 --> 01:13:25,519
Speaker 1: We've covered a bunch of these. This is one of

1461
01:13:25,560 --> 01:13:29,080
Speaker 1: the most egregious examples I've seen. And look, yes, publicly

1462
01:13:29,120 --> 01:13:31,880
Speaker 1: available information that this Chips deal is active and live

1463
01:13:31,960 --> 01:13:34,479
Speaker 1: and on the table, but it is actually very much

1464
01:13:34,520 --> 01:13:37,400
Speaker 1: in question doubt. Senate Republicans have been sort of holding

1465
01:13:37,439 --> 01:13:40,400
Speaker 1: it hostage, and it's been very much a big question

1466
01:13:40,560 --> 01:13:43,120
Speaker 1: mark whether this is ultimately going to go through. I

1467
01:13:43,200 --> 01:13:45,679
Speaker 1: would say, based on this purchase, Paul Pelosi feels pretty

1468
01:13:45,720 --> 01:13:48,599
Speaker 1: confident that this is ultimately going to get done. It's

1469
01:13:49,560 --> 01:13:51,920
Speaker 1: how rich do you want to? Come on? Don't you

1470
01:13:52,080 --> 01:13:56,680
Speaker 1: have enough money? Could you not just blatantly could you

1471
01:13:56,760 --> 01:14:01,280
Speaker 1: stop just blatantly trading on issues that are of direct

1472
01:14:01,479 --> 01:14:04,800
Speaker 1: concern and impact and in front of your wife in

1473
01:14:04,920 --> 01:14:08,839
Speaker 1: the house right now as we speak, twenty thousand shares

1474
01:14:08,960 --> 01:14:11,880
Speaker 1: of Navidia. This is a position that is worth between

1475
01:14:12,080 --> 01:14:14,760
Speaker 1: one and five million dollars. So this is not a

1476
01:14:14,960 --> 01:14:19,679
Speaker 1: small amount. This is really significant, sizeable chunk of change.

1477
01:14:19,720 --> 01:14:21,519
Speaker 1: We're talking about it, or maybe it's nothing to them,

1478
01:14:21,600 --> 01:14:25,800
Speaker 1: considering how rich they already are. But it is absolutely grotesque.

1479
01:14:25,880 --> 01:14:28,559
Speaker 1: And the other thing is, remember how a little while

1480
01:14:28,640 --> 01:14:30,639
Speaker 1: ago there were a lot of talk about, oh, we're

1481
01:14:30,640 --> 01:14:33,840
Speaker 1: gonna we're gonna have these stock bands. Here's where's one

1482
01:14:33,920 --> 01:14:37,439
Speaker 1: version of here's another. We're comparing them. We're figuring out

1483
01:14:37,680 --> 01:14:40,360
Speaker 1: what happened all of that, what happened all of that?

1484
01:14:40,840 --> 01:14:45,120
Speaker 1: Remember her initial response when she was first asked about

1485
01:14:45,680 --> 01:14:51,000
Speaker 1: spouses and members being banned from trading. She was so dismissive.

1486
01:14:52,320 --> 01:14:53,600
Speaker 1: This is it should be part of the free we

1487
01:14:53,600 --> 01:14:55,600
Speaker 1: should be able to participate in the free market. That

1488
01:14:55,800 --> 01:14:59,240
Speaker 1: was that is her true belief and position. Then she's

1489
01:14:59,280 --> 01:15:02,840
Speaker 1: sort of because there was massive bipartisan outrage, she sort

1490
01:15:02,880 --> 01:15:04,760
Speaker 1: of had to walk it back and say, oh, well,

1491
01:15:04,840 --> 01:15:06,800
Speaker 1: if they want to, if the members want to get

1492
01:15:06,800 --> 01:15:08,760
Speaker 1: together and pass away, I guess I would support that.

1493
01:15:09,320 --> 01:15:12,160
Speaker 1: But has she done anything to move this thing forward

1494
01:15:12,240 --> 01:15:16,320
Speaker 1: as she made a priority. Absolutely not. It's disgraceful. It's

1495
01:15:16,479 --> 01:15:19,439
Speaker 1: just disgraceful. Really, it's just it's a terrible, you know,

1496
01:15:19,560 --> 01:15:23,360
Speaker 1: example of our political system whenever this is just routine,

1497
01:15:23,680 --> 01:15:26,439
Speaker 1: and you know, she's a speaker, literally the top number

1498
01:15:26,479 --> 01:15:32,240
Speaker 1: three in line for the presidency. Awful, All right, saga,

1499
01:15:32,240 --> 01:15:34,360
Speaker 1: what are you looking at? Well, several months ago, if

1500
01:15:34,360 --> 01:15:36,439
Speaker 1: you started talking about a recession, people would have looked

1501
01:15:36,439 --> 01:15:39,040
Speaker 1: at you like you were crazy. Yes, Inflation sky high,

1502
01:15:39,240 --> 01:15:42,280
Speaker 1: cash was cheap, federal reserve policies and corporate price gouging

1503
01:15:42,320 --> 01:15:45,440
Speaker 1: throughout twenty twenty one was floating the stock market, subsidizing

1504
01:15:45,520 --> 01:15:48,880
Speaker 1: cheap cash to fuel investment, crypto markets, housing prices, all

1505
01:15:49,000 --> 01:15:51,760
Speaker 1: asset goods. The best off in this country were never

1506
01:15:52,080 --> 01:15:55,240
Speaker 1: better off in that very specific moment in time, which

1507
01:15:55,320 --> 01:15:58,160
Speaker 1: really as a vibe, culminated in an Elon Musk offer

1508
01:15:58,240 --> 01:16:01,599
Speaker 1: to buy Twitter for nearly forty billion dollars. Things pretty

1509
01:16:01,680 --> 01:16:04,360
Speaker 1: much went south a few weeks after that. Inflation finally

1510
01:16:04,439 --> 01:16:06,839
Speaker 1: caught up to the market, the Fed bumped rates. Stocks

1511
01:16:06,880 --> 01:16:09,880
Speaker 1: have never recovered. One industry that forewarned the broader woes

1512
01:16:09,960 --> 01:16:12,479
Speaker 1: that we know well today was Silicon Valley. It's why

1513
01:16:12,600 --> 01:16:15,040
Speaker 1: we continue to watch it very closely, because the first

1514
01:16:15,080 --> 01:16:17,600
Speaker 1: person that presently even warned me that a recession was

1515
01:16:17,640 --> 01:16:20,680
Speaker 1: coming were those involved in tech. I vividly recall I

1516
01:16:20,720 --> 01:16:23,519
Speaker 1: had a conversation with venture capitalists David Sachs weeks before

1517
01:16:23,560 --> 01:16:26,200
Speaker 1: the market crash who described to me in detail how

1518
01:16:26,280 --> 01:16:29,599
Speaker 1: private market valuations were tanking as a result of FED

1519
01:16:29,680 --> 01:16:32,439
Speaker 1: policy and how it was going to trigger a broader downturn.

1520
01:16:32,840 --> 01:16:35,720
Speaker 1: All of it makes some intuitive sense. Public markets are

1521
01:16:35,800 --> 01:16:38,680
Speaker 1: by definition less risky than private ones. Private companies and

1522
01:16:38,720 --> 01:16:41,960
Speaker 1: specifically startups are the most reliant both on broader market

1523
01:16:42,000 --> 01:16:45,679
Speaker 1: conditions bought on availability of capital to further their life,

1524
01:16:45,800 --> 01:16:48,280
Speaker 1: so that macro policy has a big effect on them

1525
01:16:48,520 --> 01:16:51,160
Speaker 1: as opposed to say a public company with robust cash

1526
01:16:51,200 --> 01:16:53,920
Speaker 1: flow and an established market. So as we continue to

1527
01:16:53,960 --> 01:16:55,920
Speaker 1: play the are we in a recession game or not

1528
01:16:56,360 --> 01:16:58,439
Speaker 1: spent some time in the last week going and doing

1529
01:16:58,520 --> 01:17:01,600
Speaker 1: some research. The results are really grim. This week is

1530
01:17:01,680 --> 01:17:04,280
Speaker 1: going to be critical for recession watch. Big tech companies

1531
01:17:04,320 --> 01:17:07,400
Speaker 1: are going to report earnings already there are major blinking

1532
01:17:07,520 --> 01:17:10,519
Speaker 1: red signs. Snapchat, which was a harbinger of the last crash,

1533
01:17:10,880 --> 01:17:15,200
Speaker 1: crashed twenty five percent. Additionally, in a single day after

1534
01:17:15,320 --> 01:17:23,200
Speaker 1: reporting that a massive drop in advertising earnings on Friday. Meanwhile, Netflix, Amazon, Microsoft, Google, Facebook,

1535
01:17:23,439 --> 01:17:26,880
Speaker 1: Apple all are spinning and setting market expectations ahead of

1536
01:17:26,920 --> 01:17:29,880
Speaker 1: earnings to be released this week, with pr phrases like

1537
01:17:30,320 --> 01:17:34,880
Speaker 1: uncertainties related to the operating environment. Apple, the world's largest

1538
01:17:34,920 --> 01:17:37,519
Speaker 1: tech company, one of the most valuable public companies on Earth,

1539
01:17:37,720 --> 01:17:40,960
Speaker 1: has decided to massively slow down hiring and investment, which

1540
01:17:41,080 --> 01:17:43,680
Speaker 1: tanked the market on their news. The reason that the

1541
01:17:43,760 --> 01:17:46,760
Speaker 1: behavior of these big firms matter is threefold. If things

1542
01:17:46,800 --> 01:17:50,040
Speaker 1: are bad there, then imagine being a startup. How are

1543
01:17:50,080 --> 01:17:53,280
Speaker 1: you supposed to make money when Amazon is barely making money?

1544
01:17:53,479 --> 01:17:55,519
Speaker 1: How are you supports to borrow money on a promise

1545
01:17:55,560 --> 01:17:58,360
Speaker 1: of valuation when the businesses that are worth trillions of

1546
01:17:58,439 --> 01:18:01,400
Speaker 1: dollars are having trouble keeping their stock price? Number two,

1547
01:18:01,720 --> 01:18:05,679
Speaker 1: These major companies have been big buyers, investors, and backers

1548
01:18:05,760 --> 01:18:08,559
Speaker 1: of other startups. Each of these companies acquires a healthy

1549
01:18:08,600 --> 01:18:11,320
Speaker 1: amount of tech startups every year, often using their stock

1550
01:18:11,360 --> 01:18:13,960
Speaker 1: price and widely available cash to do so. If that

1551
01:18:14,120 --> 01:18:16,519
Speaker 1: drives up, a major market player drives up as well.

1552
01:18:16,880 --> 01:18:19,200
Speaker 1: Number three, and probably most important for all of us,

1553
01:18:19,600 --> 01:18:22,560
Speaker 1: is tech is just really big. The tech sector in

1554
01:18:22,600 --> 01:18:25,800
Speaker 1: America for nearly two decades has been thought of as bulletproof.

1555
01:18:25,960 --> 01:18:28,800
Speaker 1: They print money, they have virtual economic monopolies, why not

1556
01:18:28,920 --> 01:18:31,840
Speaker 1: invest in them. This has led to the gradual overweighting

1557
01:18:31,920 --> 01:18:36,200
Speaker 1: of tech in nearly all portfolios, including the traditional stock indices.

1558
01:18:36,479 --> 01:18:38,960
Speaker 1: So let's say specifically the S and P five hundred.

1559
01:18:38,960 --> 01:18:41,599
Speaker 1: It's always talked about for amateur investors. Put your money

1560
01:18:41,640 --> 01:18:43,280
Speaker 1: in the S and P five hundred returns an average

1561
01:18:43,280 --> 01:18:45,040
Speaker 1: of x percent a year, meaning in the long term

1562
01:18:45,120 --> 01:18:47,599
Speaker 1: you're going to make money. Now that's still probably sound

1563
01:18:47,640 --> 01:18:49,639
Speaker 1: advice in the long run, but in the near term,

1564
01:18:49,800 --> 01:18:52,080
Speaker 1: consider what it means. Twenty percent of the S and

1565
01:18:52,120 --> 01:18:56,840
Speaker 1: P five hundred's market cap alone is just five companies Google, Facebook, Microsoft, Apple,

1566
01:18:56,920 --> 01:18:59,720
Speaker 1: and Amazon. Dig deeper, many of the companies within the

1567
01:18:59,800 --> 01:19:02,920
Speaker 1: s P five which is technically only twenty percent of

1568
01:19:02,960 --> 01:19:05,439
Speaker 1: the index, actually adds up to nearly forty percent when

1569
01:19:05,479 --> 01:19:08,519
Speaker 1: you consider overall tech exposure. That means that tech has

1570
01:19:08,560 --> 01:19:12,200
Speaker 1: a massive impact on the overall US public markets, which,

1571
01:19:12,240 --> 01:19:14,920
Speaker 1: of course, look, you may not own stocks, or you

1572
01:19:14,960 --> 01:19:16,560
Speaker 1: may not even have or you may just have a

1573
01:19:16,640 --> 01:19:18,880
Speaker 1: basic four oh one k, but you will still be

1574
01:19:19,040 --> 01:19:22,320
Speaker 1: affected if there is a bigger crash. Two thousand and

1575
01:19:22,360 --> 01:19:25,320
Speaker 1: eight taught us all about the availability of money, about

1576
01:19:25,320 --> 01:19:29,120
Speaker 1: how much valuation impacts overall behavior, the loaning of cash,

1577
01:19:29,200 --> 01:19:32,120
Speaker 1: and the tremendous amount of wealth that has generated in financialization,

1578
01:19:32,520 --> 01:19:35,559
Speaker 1: and things have frankly only gotten worse since then. Ballooning

1579
01:19:35,640 --> 01:19:39,240
Speaker 1: valuations in stock prices have probably increased the exposure of

1580
01:19:39,280 --> 01:19:42,840
Speaker 1: the overall economy since then. Slight downturns in tech have

1581
01:19:43,000 --> 01:19:47,640
Speaker 1: a huge impact on everything overall. Stock market, people's retirement portfolios,

1582
01:19:47,800 --> 01:19:50,799
Speaker 1: fed policy to how Congress thinks about how should they respond.

1583
01:19:51,120 --> 01:19:53,880
Speaker 1: And another key recession indicator has been the housing market.

1584
01:19:54,160 --> 01:19:56,400
Speaker 1: While we were off, we highlighted how the cancelation rate

1585
01:19:56,439 --> 01:19:59,559
Speaker 1: on housing purchases is spiking across the nation. But also

1586
01:19:59,640 --> 01:20:02,000
Speaker 1: have my on the luxury market. Again, that was a

1587
01:20:02,120 --> 01:20:05,080
Speaker 1: major harbinger of things to come when the initial boom happened.

1588
01:20:05,240 --> 01:20:07,960
Speaker 1: Here we see the same thing in real estate markets

1589
01:20:08,000 --> 01:20:10,439
Speaker 1: that are fueled by money. In tech sector, we are

1590
01:20:10,520 --> 01:20:13,840
Speaker 1: seeing an overnight crash on the luxury market. The luxury

1591
01:20:13,920 --> 01:20:15,960
Speaker 1: market is in some ways a better peg as to

1592
01:20:16,040 --> 01:20:19,040
Speaker 1: how the overall assets are doing because most high end

1593
01:20:19,080 --> 01:20:22,120
Speaker 1: transactions have nothing to do with mortgage rates. They deal

1594
01:20:22,240 --> 01:20:25,839
Speaker 1: in straight up cash. Cash availability to luxury buyers, especially

1595
01:20:25,920 --> 01:20:29,400
Speaker 1: in tech, comes in two forms, loans against assets and

1596
01:20:29,520 --> 01:20:32,760
Speaker 1: then assets sales. So tech stocks are sky high, it's

1597
01:20:32,840 --> 01:20:35,120
Speaker 1: really easy you take a loan based upon the massive

1598
01:20:35,160 --> 01:20:37,560
Speaker 1: value of your technology holdings. Use that to pay for

1599
01:20:37,640 --> 01:20:39,960
Speaker 1: the house, or you sell some portion of your assets

1600
01:20:40,040 --> 01:20:42,040
Speaker 1: and you use that to pay for your house. Either way,

1601
01:20:42,240 --> 01:20:45,519
Speaker 1: it's simple, efficient transaction. But the crash has led to

1602
01:20:45,600 --> 01:20:48,599
Speaker 1: a dry up of such offers and overnight properties. There's

1603
01:20:48,600 --> 01:20:50,800
Speaker 1: a three point five million dollar luxury penthouse in San

1604
01:20:50,800 --> 01:20:53,680
Speaker 1: Francisco would have sold in twenty four hours six months ago.

1605
01:20:53,920 --> 01:20:56,240
Speaker 1: They cannot even get one phone call of an interested

1606
01:20:56,320 --> 01:20:59,600
Speaker 1: buyer in three weeks. Furthermore, the luxury market may not

1607
01:20:59,720 --> 01:21:02,720
Speaker 1: be may actually be trending in the wrong direction. When

1608
01:21:02,760 --> 01:21:05,160
Speaker 1: a lot of people in tech have terrible asset prices

1609
01:21:05,200 --> 01:21:08,040
Speaker 1: in stock, what do they turn to real estate? So

1610
01:21:08,200 --> 01:21:12,080
Speaker 1: the luxury real estate that they acquired ends up being big, major,

1611
01:21:12,320 --> 01:21:15,519
Speaker 1: last major asset that they hold, which then leads them

1612
01:21:15,680 --> 01:21:19,160
Speaker 1: to try and sell while the price remains possibly high. Well,

1613
01:21:19,160 --> 01:21:20,800
Speaker 1: it doesn't take a genius to figure out this could

1614
01:21:20,840 --> 01:21:23,080
Speaker 1: induce in all the prices to drop if a critical

1615
01:21:23,160 --> 01:21:26,080
Speaker 1: massive people all decide to sell at once, which then

1616
01:21:26,200 --> 01:21:28,080
Speaker 1: leads to decline in the price of assets, which is

1617
01:21:28,160 --> 01:21:30,200
Speaker 1: going to impact you. So the reason I'm spending so

1618
01:21:30,280 --> 01:21:32,599
Speaker 1: much time here is because it's really critical to understand

1619
01:21:33,000 --> 01:21:35,880
Speaker 1: the major arrangements of our lives are really not up

1620
01:21:35,920 --> 01:21:38,680
Speaker 1: to us at all. How your small business done does.

1621
01:21:38,800 --> 01:21:41,200
Speaker 1: As we have found out also is only so much

1622
01:21:41,280 --> 01:21:43,800
Speaker 1: in your control. Most of it lies with the Fed,

1623
01:21:44,120 --> 01:21:47,360
Speaker 1: with Wall Street, with other players who are accountable to

1624
01:21:47,720 --> 01:21:50,640
Speaker 1: no one. Small things like changes in luxury markets or

1625
01:21:50,680 --> 01:21:55,040
Speaker 1: advertising dollars can nuke entire businesses overnight through a butterfly effect.

1626
01:21:55,439 --> 01:21:57,600
Speaker 1: Pay close attention to all of these things that are

1627
01:21:57,680 --> 01:21:59,960
Speaker 1: going on because they could have come to a big

1628
01:22:00,240 --> 01:22:02,760
Speaker 1: impact on your ability to live your life personally. I'm

1629
01:22:02,800 --> 01:22:04,840
Speaker 1: hoping for the best, but things are not trending good

1630
01:22:04,880 --> 01:22:06,840
Speaker 1: in the right direction for right now. I think that's

1631
01:22:06,880 --> 01:22:10,400
Speaker 1: a major lesson I've been taken away recently. And if

1632
01:22:10,400 --> 01:22:13,200
Speaker 1: you want to hear my reaction to Sagre's monologue, become

1633
01:22:13,240 --> 01:22:18,800
Speaker 1: a premium subscriber today at Breakingpoints dot com. Christ, what

1634
01:22:18,880 --> 01:22:20,559
Speaker 1: are you taking a look at? Well, guys, the Senate

1635
01:22:20,800 --> 01:22:23,320
Speaker 1: is working on legislation to prevent a future presidential election

1636
01:22:23,439 --> 01:22:26,599
Speaker 1: from being stolen. Democrats are wrapping uppearings into the last

1637
01:22:26,680 --> 01:22:29,840
Speaker 1: blundering attempt to steal a presidential election, and candidates fully

1638
01:22:29,920 --> 01:22:32,759
Speaker 1: bought into the deepest stop. The steel conspiracies are romping

1639
01:22:32,960 --> 01:22:36,040
Speaker 1: in Republican primaries across the country. But it's not just

1640
01:22:36,160 --> 01:22:40,240
Speaker 1: Democrats who see their political opponents as existential threats. Republican

1641
01:22:40,320 --> 01:22:43,920
Speaker 1: candidates are increasingly framing themselves as combatants in a war

1642
01:22:44,000 --> 01:22:47,559
Speaker 1: which is either at the doorstep or already here. Washington

1643
01:22:47,600 --> 01:22:50,479
Speaker 1: Post is reporting the Republican candidates are using the language

1644
01:22:50,479 --> 01:22:53,640
Speaker 1: of civil war in their ads and campaign messaging. You

1645
01:22:53,760 --> 01:22:57,080
Speaker 1: might recall Eric Brighton's costumed and tactical gear with a

1646
01:22:57,160 --> 01:22:59,880
Speaker 1: giant gun busting into a house Reid style hunting for

1647
01:23:00,120 --> 01:23:03,360
Speaker 1: Republicans who are insufficiently beholden to the president. There's the

1648
01:23:03,439 --> 01:23:06,960
Speaker 1: Republican nominee for Attorney General in Maryland outright declaring that

1649
01:23:07,040 --> 01:23:09,559
Speaker 1: the country is quote at war and the enemy has

1650
01:23:09,640 --> 01:23:12,360
Speaker 1: co opted members and agencies and agents in our government.

1651
01:23:12,760 --> 01:23:15,519
Speaker 1: Candidates from Sarah Palin to jdie Vance are declaring that

1652
01:23:15,600 --> 01:23:18,560
Speaker 1: Biden isn't just incompetent and bat at his job, but

1653
01:23:18,680 --> 01:23:20,720
Speaker 1: that his policies are the result of a sort of

1654
01:23:20,800 --> 01:23:24,280
Speaker 1: evil genius intentionally designed to make Americans suffer with high

1655
01:23:24,320 --> 01:23:27,519
Speaker 1: gas prices and fentanel deaths. As the Post rights quote,

1656
01:23:27,800 --> 01:23:31,120
Speaker 1: the argument is not just that Democrats disagree with conservatives,

1657
01:23:31,280 --> 01:23:33,799
Speaker 1: but that they despise them and hurt them on purpose.

1658
01:23:34,320 --> 01:23:36,920
Speaker 1: New polling and research shows that voters across the political

1659
01:23:36,960 --> 01:23:40,439
Speaker 1: spectrum might be kind of open to this existential rhetoric

1660
01:23:40,520 --> 01:23:44,160
Speaker 1: coming from political candidates and from elites. A growing number

1661
01:23:44,200 --> 01:23:47,880
Speaker 1: of Americans believe that the American project is coming apart

1662
01:23:47,960 --> 01:23:52,360
Speaker 1: completely and may fracture in the coming years. A recent

1663
01:23:52,439 --> 01:23:55,360
Speaker 1: you gov poll found forty nine percent of Americans say

1664
01:23:55,439 --> 01:23:58,880
Speaker 1: they believe America will cease to be a democracy in

1665
01:23:59,000 --> 01:24:03,160
Speaker 1: the near future. Only twenty five percent thought that democracy

1666
01:24:03,200 --> 01:24:05,720
Speaker 1: would actually persist. Another twenty five percent said that they

1667
01:24:05,800 --> 01:24:08,439
Speaker 1: were not sure. That means about three quarters of the

1668
01:24:08,479 --> 01:24:11,000
Speaker 1: country at least has some real doubts about the future

1669
01:24:11,160 --> 01:24:14,240
Speaker 1: of our natural experiment with democracy. This is across the

1670
01:24:14,479 --> 01:24:17,400
Speaker 1: partisan spectrum. By the way, those with the bleakest views

1671
01:24:17,520 --> 01:24:20,600
Speaker 1: consumed the most partisan media, so of all the demographic

1672
01:24:20,640 --> 01:24:25,120
Speaker 1: groups that they tested here Fox News viewers and MSNBC viewers,

1673
01:24:25,240 --> 01:24:28,160
Speaker 1: and those who watched the January sixth hearings live, they

1674
01:24:28,200 --> 01:24:32,360
Speaker 1: were the most likely to see democracy as doomed. Even

1675
01:24:32,439 --> 01:24:35,400
Speaker 1: more troubling, similar numbers of Americans believe they will see

1676
01:24:35,600 --> 01:24:39,880
Speaker 1: a civil war in their lifetimes. Forty six percent said

1677
01:24:39,880 --> 01:24:43,080
Speaker 1: it was likely only and nineteen percent said they were

1678
01:24:43,160 --> 01:24:45,439
Speaker 1: not sure. Only about a third of Americans thought it

1679
01:24:45,600 --> 01:24:49,919
Speaker 1: was unlikely that civil war was coming. Once again, consumers

1680
01:24:49,960 --> 01:24:52,760
Speaker 1: of partisan media were most likely to believe that a

1681
01:24:52,880 --> 01:24:57,080
Speaker 1: nation destroying war was in fact likely. Now, this actually

1682
01:24:57,120 --> 01:24:59,280
Speaker 1: lines up with a groundbreaking new study that seeks to

1683
01:24:59,400 --> 01:25:03,280
Speaker 1: examine exactly these views. In the preprint of that research,

1684
01:25:03,520 --> 01:25:07,240
Speaker 1: fully half of respondents say they believe we will see

1685
01:25:07,360 --> 01:25:12,400
Speaker 1: a civil war in the next few years. Sixty eight

1686
01:25:12,479 --> 01:25:16,760
Speaker 1: percent perceive a serious threat to our democracy, and as

1687
01:25:16,800 --> 01:25:20,200
Speaker 1: this existential sense of doom and conflict rises, willingness to

1688
01:25:20,280 --> 01:25:23,280
Speaker 1: resort to violence and to back strong man leaders also

1689
01:25:23,400 --> 01:25:27,200
Speaker 1: seems to have increased. Twelve percent said they were willing

1690
01:25:27,320 --> 01:25:31,519
Speaker 1: to personally commit political violence. Perhaps most troubling of all,

1691
01:25:31,760 --> 01:25:35,320
Speaker 1: forty percent said quote having a strong leader for America

1692
01:25:35,520 --> 01:25:39,000
Speaker 1: is more important than having a democracy. So you take

1693
01:25:39,040 --> 01:25:42,120
Speaker 1: all these numbers together, it's a pretty ugly portrait of

1694
01:25:42,200 --> 01:25:44,920
Speaker 1: how Americans are thinking and how they are feeling. About

1695
01:25:44,960 --> 01:25:47,640
Speaker 1: half the country thinks we are heading towards war and

1696
01:25:47,720 --> 01:25:52,000
Speaker 1: the end of democracy. Increasing numbers are actually okay with

1697
01:25:52,160 --> 01:25:56,519
Speaker 1: this violent, authoritarian future. How in the world did we

1698
01:25:56,640 --> 01:25:59,200
Speaker 1: get here. Well. First of all, as I've laid out before,

1699
01:25:59,240 --> 01:26:01,160
Speaker 1: and we've talked about a lot on the show, our

1700
01:26:01,280 --> 01:26:04,280
Speaker 1: nation really is at a pivot point. Neoliberalism has run

1701
01:26:04,320 --> 01:26:06,040
Speaker 1: its course, and yet it seems to hold on for

1702
01:26:06,160 --> 01:26:09,679
Speaker 1: dear life. The unipolar moment is over, thrusting us into

1703
01:26:09,760 --> 01:26:12,960
Speaker 1: a new geopolitical realignment that is emerging in real time.

1704
01:26:13,400 --> 01:26:15,880
Speaker 1: Our American institutions have been rigged by the rich to

1705
01:26:15,960 --> 01:26:18,760
Speaker 1: be unresponsive to the public will, leading to a deep

1706
01:26:18,920 --> 01:26:23,559
Speaker 1: nihilism about change happening through official channels. The crisis moment,

1707
01:26:23,800 --> 01:26:26,960
Speaker 1: the dread, the high stakes, those are all as real

1708
01:26:27,160 --> 01:26:30,320
Speaker 1: as can be. Everyone feels certain the country in a

1709
01:26:30,400 --> 01:26:33,960
Speaker 1: decade is likely to look dramatically different than it does today.

1710
01:26:34,439 --> 01:26:36,519
Speaker 1: You are not wrong to believe that a battle is

1711
01:26:36,640 --> 01:26:40,639
Speaker 1: on to determine what shape the nation might take. Political

1712
01:26:40,680 --> 01:26:42,560
Speaker 1: and media elites, of course, they're seizing on that, and

1713
01:26:42,600 --> 01:26:45,360
Speaker 1: they're committed to defining that battle in terms of ordinary

1714
01:26:45,479 --> 01:26:50,040
Speaker 1: citizen versus ordinary citizen, instead of ordinary citizens versus the

1715
01:26:50,080 --> 01:26:53,400
Speaker 1: corrupt elites who got us here in the first place. Politicians,

1716
01:26:53,439 --> 01:26:55,240
Speaker 1: of course, they want to keep the blame, keep the

1717
01:26:55,280 --> 01:26:58,320
Speaker 1: blame for our procarity, brokenness, and decline squarely off of

1718
01:26:58,439 --> 01:27:00,720
Speaker 1: their shoulders. Their only move is to point fingers at

1719
01:27:00,720 --> 01:27:03,800
Speaker 1: their political opponents and the regular citizens who support their

1720
01:27:03,840 --> 01:27:07,679
Speaker 1: political opponents. The media. Motivated by ratings and a desire

1721
01:27:07,760 --> 01:27:10,120
Speaker 1: to maintain good standing in the DC club, they're happy

1722
01:27:10,160 --> 01:27:12,519
Speaker 1: to feed that narrative of a nation at war with itself,

1723
01:27:12,880 --> 01:27:16,040
Speaker 1: helping to craft the dividing lines that their political allies

1724
01:27:16,160 --> 01:27:19,519
Speaker 1: want and find convenient. Now, the upshot of these dynamics

1725
01:27:19,640 --> 01:27:23,559
Speaker 1: is a surge and anti populist, elitist, and authoritarian sentiment.

1726
01:27:23,880 --> 01:27:26,679
Speaker 1: If your fellow citizen is too scary, dumb, and brutal

1727
01:27:26,800 --> 01:27:29,080
Speaker 1: to be part of a democratic society, then you've got

1728
01:27:29,160 --> 01:27:32,280
Speaker 1: to create a bulwark against them, don't you, Consolidating power

1729
01:27:32,360 --> 01:27:34,400
Speaker 1: in the hands of trusted elites who can keep the

1730
01:27:34,479 --> 01:27:39,040
Speaker 1: barbarians from running amok, censoring or criminalizing their views, excizing

1731
01:27:39,120 --> 01:27:42,800
Speaker 1: them from political life entirely. If everyone on the political left,

1732
01:27:42,840 --> 01:27:45,200
Speaker 1: after all, is dedicated to burning down your town, grooming

1733
01:27:45,240 --> 01:27:47,880
Speaker 1: your kids, and destroying the nation, pretty hard to see

1734
01:27:47,880 --> 01:27:49,679
Speaker 1: how you're going to work that out at the ballot box.

1735
01:27:49,880 --> 01:27:52,440
Speaker 1: And if everyone on the political right is a conspiracy

1736
01:27:52,520 --> 01:27:54,720
Speaker 1: adult nut job ready to do a coup for ten

1737
01:27:54,800 --> 01:27:57,680
Speaker 1: year olds into childbirth and reinstate. Jim Crow, You're going

1738
01:27:57,720 --> 01:27:59,880
Speaker 1: to be similarly skeptical that's really going to work out

1739
01:28:00,000 --> 01:28:03,840
Speaker 1: through the democratic process. The instinct towards cultish faith in

1740
01:28:03,920 --> 01:28:08,320
Speaker 1: figures like Fauci or Muller or Trump, it all comes

1741
01:28:08,360 --> 01:28:11,880
Speaker 1: from this desperate desire for some elite figure to save

1742
01:28:12,000 --> 01:28:15,080
Speaker 1: us from the terror of democracy when we've been convinced

1743
01:28:15,120 --> 01:28:18,800
Speaker 1: that our fellow citizens cannot be trusted with a democratic voice.

1744
01:28:19,240 --> 01:28:21,200
Speaker 1: And this is the messaging that you get from places

1745
01:28:21,280 --> 01:28:23,840
Speaker 1: like Fox and MSNBC all day long. So it is

1746
01:28:23,920 --> 01:28:26,240
Speaker 1: no surprise that their viewers are the most likely to

1747
01:28:26,280 --> 01:28:29,360
Speaker 1: see us headed towards a direct civil war and to

1748
01:28:29,439 --> 01:28:32,040
Speaker 1: be among the most likely to endorse political violence and

1749
01:28:32,120 --> 01:28:36,120
Speaker 1: express comfort with authoritarian leaders. Now, are we actually heading

1750
01:28:36,160 --> 01:28:38,240
Speaker 1: to a civil war? I personally don't really buy it.

1751
01:28:38,560 --> 01:28:40,880
Speaker 1: Anyone taking up arms against the US government with all

1752
01:28:40,880 --> 01:28:42,640
Speaker 1: of its trillions in military might would have to be

1753
01:28:42,760 --> 01:28:45,040
Speaker 1: on a suicide mission. And you're pretty cute if you

1754
01:28:45,080 --> 01:28:46,760
Speaker 1: think your little home collection of guns is going to

1755
01:28:46,800 --> 01:28:49,800
Speaker 1: amount to much of anything against a nuclear superpower. But

1756
01:28:49,880 --> 01:28:51,840
Speaker 1: all the groundwork has already been laid for the nation

1757
01:28:52,000 --> 01:28:57,839
Speaker 1: to actively, perhaps even democratically choose to end democracy. Trusting

1758
01:28:57,920 --> 01:29:00,920
Speaker 1: our fellow citizens feels too risky to too many. The

1759
01:29:01,000 --> 01:29:02,920
Speaker 1: media is going to continue to profit from reading an

1760
01:29:03,000 --> 01:29:05,080
Speaker 1: internal Cold war and the truth, as they've already done

1761
01:29:05,080 --> 01:29:07,880
Speaker 1: their job. Far too many prefer the certainty of the

1762
01:29:07,960 --> 01:29:11,800
Speaker 1: strong man to the messiness of democracy with their imperfect

1763
01:29:11,880 --> 01:29:14,880
Speaker 1: fellow citizens. They see the chaos of the near future

1764
01:29:14,960 --> 01:29:17,640
Speaker 1: and massive challenges the world is up against and have

1765
01:29:17,760 --> 01:29:20,559
Speaker 1: decided they prefer to just outsource the problems to their

1766
01:29:20,720 --> 01:29:24,400
Speaker 1: preferred set of elites. Many are so convinced of the

1767
01:29:24,520 --> 01:29:27,800
Speaker 1: impending death of American democracy that they will fight to

1768
01:29:27,920 --> 01:29:31,360
Speaker 1: see that it ends on their terms. And Sager, I

1769
01:29:31,439 --> 01:29:33,680
Speaker 1: wonder what you think about the Civil war talk and

1770
01:29:33,760 --> 01:29:36,479
Speaker 1: if you want to hear my reaction to Crystal's monologue,

1771
01:29:36,479 --> 01:29:42,240
Speaker 1: become a premium subscriber today at Breakingpoints dot Com. Joining

1772
01:29:42,320 --> 01:29:45,040
Speaker 1: me now, Stephen Nelson. He's the DC reporter White House

1773
01:29:45,080 --> 01:29:47,240
Speaker 1: reporter for the New York Post. He's an old friend

1774
01:29:47,600 --> 01:29:49,760
Speaker 1: of mine. Stephen came to my attention, you reached out

1775
01:29:49,800 --> 01:29:51,519
Speaker 1: to me, asked me to sign a letter, which I

1776
01:29:51,680 --> 01:29:52,960
Speaker 1: was happy to do. Let's go ahead and put this

1777
01:29:53,080 --> 01:29:56,160
Speaker 1: up there on the screen. So sixty eight White House

1778
01:29:56,240 --> 01:29:58,640
Speaker 1: journalists ask the White House Press Secretary to end the

1779
01:29:58,720 --> 01:30:02,639
Speaker 1: mysterious pre screening of reporters let into President Biden's events.

1780
01:30:03,040 --> 01:30:05,880
Speaker 1: You're calling it antithetical to the concept of a free press. So,

1781
01:30:06,080 --> 01:30:08,439
Speaker 1: first of all, Stephen, I've spent a tremendous amount of

1782
01:30:08,479 --> 01:30:10,880
Speaker 1: time on the show trying to explain to people what

1783
01:30:11,040 --> 01:30:13,680
Speaker 1: it's like in the basement and in the room, just

1784
01:30:13,720 --> 01:30:16,320
Speaker 1: because they don't really understand press access, how much these

1785
01:30:16,400 --> 01:30:18,920
Speaker 1: things impact how you can actually speak to the president.

1786
01:30:19,200 --> 01:30:22,560
Speaker 1: You're there covering the Biden administration, What is this mysterious

1787
01:30:22,680 --> 01:30:25,639
Speaker 1: practice of pre screening? Sure, so, Sager, you know better

1788
01:30:25,720 --> 01:30:28,800
Speaker 1: than most what this is. Yes, this was not a

1789
01:30:28,880 --> 01:30:32,640
Speaker 1: thing during the Trump administration or prior administrations. So for

1790
01:30:32,720 --> 01:30:34,679
Speaker 1: the viewers at home, this is, on the one hand,

1791
01:30:34,760 --> 01:30:37,840
Speaker 1: a very insidery DC complaint, but it's also a very

1792
01:30:37,880 --> 01:30:41,160
Speaker 1: significant one because it impacts how the press covers the

1793
01:30:41,200 --> 01:30:44,640
Speaker 1: president and what the president is asked, and what the

1794
01:30:44,720 --> 01:30:47,479
Speaker 1: Biden administration has figured out how to do is essentially

1795
01:30:47,680 --> 01:30:50,599
Speaker 1: curate the group of reporters who are asking the president questions.

1796
01:30:51,280 --> 01:30:54,160
Speaker 1: So now viewers at home they see President Biden usually

1797
01:30:54,200 --> 01:30:56,000
Speaker 1: take questions a couple of times a day they see

1798
01:30:56,000 --> 01:30:58,559
Speaker 1: a group of reporters shouting them, they don't think, God,

1799
01:30:58,600 --> 01:30:59,960
Speaker 1: who are those people? I don't know if they get there,

1800
01:31:01,040 --> 01:31:03,639
Speaker 1: I assume figure that it is representative of the press corps,

1801
01:31:03,680 --> 01:31:06,400
Speaker 1: but it is not. The Biden administration has come up

1802
01:31:06,439 --> 01:31:10,559
Speaker 1: with this new strategy of requiring reporters to RSVP for events.

1803
01:31:10,960 --> 01:31:13,519
Speaker 1: So when President Trump was there, there was the East Room,

1804
01:31:13,560 --> 01:31:16,840
Speaker 1: which is three thousand square feet huge room, so people know, huge,

1805
01:31:16,920 --> 01:31:18,600
Speaker 1: like you can fit hundreds and hundreds of people in

1806
01:31:18,680 --> 01:31:22,240
Speaker 1: the biggest room in the White House, absolutely enormous. So

1807
01:31:22,560 --> 01:31:26,360
Speaker 1: last June, when coronavirus rates started going down because everyone

1808
01:31:26,439 --> 01:31:29,400
Speaker 1: got vaccinated, the Press Briefing Room, which is a very

1809
01:31:29,520 --> 01:31:31,800
Speaker 1: small room. It's it's basically the size of a double

1810
01:31:31,840 --> 01:31:36,120
Speaker 1: wide trailer. Is it returned to full capacity, forty nine

1811
01:31:36,200 --> 01:31:38,880
Speaker 1: seeded reporters could be there. Everyone stood up. The East

1812
01:31:38,960 --> 01:31:41,040
Speaker 1: Room never went back to full capacity. And what the

1813
01:31:41,080 --> 01:31:43,040
Speaker 1: White House did is they required reporters like you and

1814
01:31:43,120 --> 01:31:47,080
Speaker 1: I to RSVP and then through some opaque process decided

1815
01:31:47,080 --> 01:31:49,240
Speaker 1: who got to go in. Now, over time, of course

1816
01:31:49,320 --> 01:31:52,080
Speaker 1: there are clear or are the people who got to

1817
01:31:52,120 --> 01:31:54,680
Speaker 1: go in? Stephen you know, I don't want to name

1818
01:31:54,760 --> 01:31:58,080
Speaker 1: names give us the outlets. Well, you know, I certainly

1819
01:31:58,080 --> 01:32:00,439
Speaker 1: don't want to, like an embarrass anyone, because what's really

1820
01:32:00,439 --> 01:32:02,160
Speaker 1: great about this letter you just mentioned is that we

1821
01:32:02,280 --> 01:32:05,400
Speaker 1: were very unanimous in our pushback. Everyone's represented in there.

1822
01:32:05,479 --> 01:32:07,639
Speaker 1: The people who do get into these events signed onto

1823
01:32:07,680 --> 01:32:10,920
Speaker 1: the letter. Katelyn Collins, set O'Keefe, who are TV front

1824
01:32:11,000 --> 01:32:13,760
Speaker 1: row reporters. They signed on, Champion Orcills. So it's been

1825
01:32:13,800 --> 01:32:17,799
Speaker 1: a very very I guess people of all different stripes

1826
01:32:17,840 --> 01:32:19,720
Speaker 1: and outlet size is signed onto this letter because we

1827
01:32:19,760 --> 01:32:21,960
Speaker 1: see it as a very worrying presidence. If Biden can

1828
01:32:22,000 --> 01:32:24,320
Speaker 1: do this, so could the next administration. And who's banned

1829
01:32:24,320 --> 01:32:26,920
Speaker 1: today may be different than who's banned tomorrow. You're absolutely right,

1830
01:32:26,960 --> 01:32:28,960
Speaker 1: and I think people should know. I mean, we were able.

1831
01:32:29,160 --> 01:32:31,160
Speaker 1: You know, anyone could RSVP at these events. You could

1832
01:32:31,160 --> 01:32:33,479
Speaker 1: be a blogger for some random Christian website, which as

1833
01:32:33,520 --> 01:32:35,040
Speaker 1: you and I know, often did show up at the

1834
01:32:35,080 --> 01:32:37,280
Speaker 1: White House and it was hey, that's okay, you can

1835
01:32:37,360 --> 01:32:40,080
Speaker 1: try if their president or whoever is going to call

1836
01:32:40,160 --> 01:32:42,240
Speaker 1: on you. I mean, what has this had an impact

1837
01:32:42,320 --> 01:32:45,479
Speaker 1: on your career specifically, or not even career, your ability

1838
01:32:45,560 --> 01:32:47,360
Speaker 1: to ask questions? So people know Stephen is a bit

1839
01:32:47,360 --> 01:32:49,519
Speaker 1: of a bomb thrower. He likes to ask critical questions.

1840
01:32:49,600 --> 01:32:52,640
Speaker 1: I think that's great. He's often critical, not critical, but

1841
01:32:52,720 --> 01:32:55,680
Speaker 1: you could you ask questions which you don't necessarily see

1842
01:32:55,760 --> 01:32:57,880
Speaker 1: often in the press corps, something I also try to

1843
01:32:57,960 --> 01:33:00,240
Speaker 1: do in my tenure there. I mean, what impact has

1844
01:33:00,240 --> 01:33:03,040
Speaker 1: that had on you and your ability to do your job? Sure?

1845
01:33:03,120 --> 01:33:05,439
Speaker 1: So I'm the White House supporter for the New York Post,

1846
01:33:05,479 --> 01:33:08,200
Speaker 1: which is the fourth largest newspaper by circulation in the country.

1847
01:33:08,680 --> 01:33:11,920
Speaker 1: And what this mysterious pre screening process or blacklisting as

1848
01:33:11,960 --> 01:33:14,040
Speaker 1: some people would call it is. Is it meant that

1849
01:33:14,320 --> 01:33:17,240
Speaker 1: from November until the end of June, I did not

1850
01:33:17,320 --> 01:33:21,880
Speaker 1: get into a single event through this supposedly set a process.

1851
01:33:22,200 --> 01:33:24,320
Speaker 1: So seven months I was not in the room in

1852
01:33:24,320 --> 01:33:26,960
Speaker 1: the East Room when the President was taking questions. And

1853
01:33:27,200 --> 01:33:29,120
Speaker 1: what I mean what that does is it means that

1854
01:33:29,479 --> 01:33:31,960
Speaker 1: the fourth largest newspaper in the country and the various

1855
01:33:32,000 --> 01:33:35,120
Speaker 1: issues that we care about were not as well represented

1856
01:33:35,200 --> 01:33:38,000
Speaker 1: as they could have been. So it significantly shapes press

1857
01:33:38,040 --> 01:33:40,639
Speaker 1: coverage of the president. Yeah, and I mean, so let's

1858
01:33:40,680 --> 01:33:42,880
Speaker 1: think also about the impact that that has, I mean

1859
01:33:43,000 --> 01:33:46,160
Speaker 1: in our experience in the past. Also, why do different

1860
01:33:46,320 --> 01:33:49,240
Speaker 1: questions matter for the president? Like what does that mean

1861
01:33:49,720 --> 01:33:51,880
Speaker 1: for the White House? Their ability to prepare and also

1862
01:33:51,960 --> 01:33:55,360
Speaker 1: shape narratives on events and others, Like what why is

1863
01:33:55,400 --> 01:33:57,960
Speaker 1: that a bad precedent to set for the future. You know,

1864
01:33:58,040 --> 01:34:00,960
Speaker 1: it's a horrible president to set because having diverse press corps,

1865
01:34:02,080 --> 01:34:05,479
Speaker 1: it basically reflects America. It reflects America in the world.

1866
01:34:05,640 --> 01:34:07,519
Speaker 1: And if you have a diverse press corps, there are

1867
01:34:07,560 --> 01:34:11,880
Speaker 1: diverse questions and the different demographics and different groups in

1868
01:34:11,960 --> 01:34:15,439
Speaker 1: America are well represented before the president. And you know,

1869
01:34:15,920 --> 01:34:18,240
Speaker 1: I'll answer that by pointing to a question that Brian

1870
01:34:18,320 --> 01:34:21,080
Speaker 1: Caram who wrote this letter, asked to the former president.

1871
01:34:22,160 --> 01:34:25,920
Speaker 1: Now during President Trump's coronavirus briefings, people asked all sorts

1872
01:34:25,960 --> 01:34:28,679
Speaker 1: of questions, but Brian asked around the election. And he's

1873
01:34:28,800 --> 01:34:31,679
Speaker 1: also someone known for sometimes throwing curveballs. He's a true

1874
01:34:31,680 --> 01:34:35,680
Speaker 1: bomb thrower. Yeah, I mean, I think he might come

1875
01:34:35,720 --> 01:34:37,240
Speaker 1: at it a little bit of a different direction, But

1876
01:34:37,280 --> 01:34:40,120
Speaker 1: he asked President Trump around the election, President Trump, are

1877
01:34:40,120 --> 01:34:42,200
Speaker 1: you going to commit to a peaceful transition of power?

1878
01:34:42,720 --> 01:34:48,400
Speaker 1: And President Trump his answer, his answer, I think he

1879
01:34:48,439 --> 01:34:51,040
Speaker 1: didn't say yes out right. Ye, So historically that's a

1880
01:34:51,080 --> 01:34:54,519
Speaker 1: significant interest, especially considering what happened in January sixth. Definitely, So,

1881
01:34:54,840 --> 01:34:56,680
Speaker 1: I mean you could argue from both sides of the

1882
01:34:56,680 --> 01:34:59,040
Speaker 1: political spectrum that it's good to have a diverse press corp. Yeah.

1883
01:34:59,040 --> 01:35:01,280
Speaker 1: I mean again, I just I reiterate, like I was

1884
01:35:01,360 --> 01:35:03,519
Speaker 1: on the rope line a bunch of times. Trump was there.

1885
01:35:03,600 --> 01:35:05,400
Speaker 1: You were there too, Steven, and you kind of scramble.

1886
01:35:05,800 --> 01:35:08,320
Speaker 1: It's a kind of a chaotic situation, but it's important

1887
01:35:08,320 --> 01:35:10,400
Speaker 1: because you get at least a chance in order to

1888
01:35:10,400 --> 01:35:13,120
Speaker 1: shout a question Trump, who knows what he's going to answer,

1889
01:35:13,160 --> 01:35:15,839
Speaker 1: And we got all kinds of interesting stuff out of him. Biden.

1890
01:35:15,960 --> 01:35:18,559
Speaker 1: I mean, look, whenever they let him ask questions, sometimes

1891
01:35:18,600 --> 01:35:20,799
Speaker 1: he takes them, and he'll take for ones from whomever

1892
01:35:20,880 --> 01:35:22,479
Speaker 1: who happens to be in front of him, And that

1893
01:35:22,760 --> 01:35:26,240
Speaker 1: is the choke point. So, Okay, it's July twenty fifth. Now,

1894
01:35:26,640 --> 01:35:29,000
Speaker 1: it's been twenty five days since the letter was sent.

1895
01:35:29,080 --> 01:35:30,519
Speaker 1: Has there been any action on the part of the

1896
01:35:30,520 --> 01:35:34,400
Speaker 1: White House. So you know, we tried to have discussions

1897
01:35:34,439 --> 01:35:37,000
Speaker 1: with White House. And the interesting thing about this is

1898
01:35:37,040 --> 01:35:39,560
Speaker 1: that what's got pushback. I mean, you can anything that

1899
01:35:39,640 --> 01:35:43,680
Speaker 1: you can say here publicly, So the White House Correspondence Association,

1900
01:35:43,760 --> 01:35:45,559
Speaker 1: which wants this practice to be done away with. They

1901
01:35:45,640 --> 01:35:48,679
Speaker 1: understand the horrible president it sets. They've been trying from

1902
01:35:48,880 --> 01:35:51,360
Speaker 1: June of last year until now to get an explanation

1903
01:35:51,439 --> 01:35:53,880
Speaker 1: of how this prescreening works. It's been more than twelve months.

1904
01:35:54,040 --> 01:35:57,759
Speaker 1: They haven't been successful. We don't know. We're a building

1905
01:35:57,760 --> 01:35:59,320
Speaker 1: full of reporters. None of us have figured out who

1906
01:35:59,360 --> 01:36:01,360
Speaker 1: the chief sens ofship officers. None of us have figured

1907
01:36:01,360 --> 01:36:03,920
Speaker 1: this out. There have been really amusing ways that they've

1908
01:36:04,000 --> 01:36:06,800
Speaker 1: explained it. One person told me that they were told

1909
01:36:06,840 --> 01:36:08,800
Speaker 1: by one of the senior press staff that they had

1910
01:36:08,840 --> 01:36:11,840
Speaker 1: a random number generator that figured out who got to

1911
01:36:11,920 --> 01:36:14,599
Speaker 1: go in. Now, of course I'm not a statistics person. Yeah,

1912
01:36:14,640 --> 01:36:17,639
Speaker 1: it's been seven months of events. Yes, interesting, Yeah, there's

1913
01:36:17,680 --> 01:36:21,120
Speaker 1: not that many actually people who are probably applying at

1914
01:36:21,200 --> 01:36:23,000
Speaker 1: least less than well, it's late, less than one hundred,

1915
01:36:23,280 --> 01:36:26,000
Speaker 1: you're probably. Yeah, there's a lot less interest. And during

1916
01:36:26,040 --> 01:36:27,880
Speaker 1: the Trump administration, we all fit in the east room,

1917
01:36:27,920 --> 01:36:30,599
Speaker 1: no problem. That's true. That's true. We had all kinds

1918
01:36:30,640 --> 01:36:32,760
Speaker 1: of people from all over the world who were coming

1919
01:36:33,040 --> 01:36:34,640
Speaker 1: to these events and we never had an issue. There

1920
01:36:34,720 --> 01:36:36,720
Speaker 1: was a standing room in the back they could put

1921
01:36:36,720 --> 01:36:38,200
Speaker 1: out as many seats as pause. They could see you

1922
01:36:38,320 --> 01:36:40,639
Speaker 1: on the side if they want to. It's very simple.

1923
01:36:40,640 --> 01:36:42,400
Speaker 1: I mean we've both seen events. There are hundreds and

1924
01:36:42,520 --> 01:36:44,439
Speaker 1: hundreds of people were packed in to the room. They're

1925
01:36:44,479 --> 01:36:46,639
Speaker 1: experts at it. There's a whole logistics staff that's capable

1926
01:36:46,680 --> 01:36:50,080
Speaker 1: of this. But in terms of response, you know, Brian

1927
01:36:50,120 --> 01:36:52,800
Speaker 1: who's the letter author, yes, Greeen. John Pierre, the Press

1928
01:36:52,840 --> 01:36:55,479
Speaker 1: secretary about this in the briefing, just says it's a priority.

1929
01:36:55,520 --> 01:36:58,000
Speaker 1: You know, coronavirus is getting better. We're going to work

1930
01:36:58,040 --> 01:37:00,840
Speaker 1: on it. That's as best as we've gotten. And you know,

1931
01:37:00,920 --> 01:37:02,960
Speaker 1: I actually did get into it events, and so did

1932
01:37:03,000 --> 01:37:05,600
Speaker 1: Brian if got seven months of being blacklisted. Yeah, so

1933
01:37:05,760 --> 01:37:07,519
Speaker 1: it seems that someone in the White House heard. But

1934
01:37:07,640 --> 01:37:09,760
Speaker 1: of course the demand is that this this be done

1935
01:37:09,760 --> 01:37:12,040
Speaker 1: away with all together, right, not that it be you know,

1936
01:37:12,200 --> 01:37:14,040
Speaker 1: lightened up and made a little Yeah, it shouldn't be

1937
01:37:14,080 --> 01:37:16,519
Speaker 1: on an individual basis. You guys helped organize the letter.

1938
01:37:16,760 --> 01:37:20,080
Speaker 1: You know, we're very publicly support Glenn Greenwald, many others

1939
01:37:20,360 --> 01:37:22,240
Speaker 1: putting this out there. But it shouldn't take having to

1940
01:37:22,400 --> 01:37:24,800
Speaker 1: cause a storm to even have this. So anyway, I'm

1941
01:37:24,840 --> 01:37:26,519
Speaker 1: very against the practice. I was happy to sign the letter.

1942
01:37:26,560 --> 01:37:28,360
Speaker 1: I want to make sure that people could hear as

1943
01:37:28,439 --> 01:37:30,280
Speaker 1: much about it, because I think it's these little things

1944
01:37:30,400 --> 01:37:33,000
Speaker 1: like this that actually impact coverage and the way folks

1945
01:37:33,040 --> 01:37:34,960
Speaker 1: at home can experience it in a way that they

1946
01:37:35,000 --> 01:37:37,360
Speaker 1: don't even know. So thank you very much for joining us, Steven.

1947
01:37:37,400 --> 01:37:39,639
Speaker 1: We really appreciate it, and thank you all for watching.

1948
01:37:39,920 --> 01:37:41,439
Speaker 1: It's been great to be back, and we will see

1949
01:37:41,439 --> 01:37:42,360
Speaker 1: you all on Tuesday.