WEBVTT - The Manafort Example 0:00:10.800 --> 0:00:17.360 You are entering the freedom hunt. Paul Menaphort gets piled 0:00:17.400 --> 0:00:21.759 on by Democrats in prosecutors' offices who are deciding to 0:00:21.800 --> 0:00:24.360 make an example of him. Guy's gone away for over 0:00:24.440 --> 0:00:27.639 seven years. Now. We've got the latest on that for you. 0:00:27.920 --> 0:00:33.640 Plus this continuing to unravel scandal around college admissions. What 0:00:33.840 --> 0:00:36.280 really went on here? Should people be facing decades in 0:00:36.320 --> 0:00:39.520 federal prison? And also Trump has grounded all Boeing seven 0:00:39.600 --> 0:00:42.360 thirty seven Max eight flights. We've got a stack show 0:00:42.400 --> 0:00:48.200 team coming up. This is the Buck Sexton Show where 0:00:48.200 --> 0:00:51.239 the mission where mission is to decode what really matters 0:00:51.400 --> 0:00:57.560 with actionable intelligence. Make no mistake American. Ready, you're a 0:00:57.560 --> 0:01:04.120 great American? Again the Buck Sexton Show begins. He's a 0:01:04.160 --> 0:01:10.160 great guy. No, Well, Manafort caught a break today. He 0:01:10.360 --> 0:01:15.160 defied the law, He tampered with witnesses, he lied to prosecutors, 0:01:15.200 --> 0:01:21.480 he laundered money, evaded taxes, and he left with a 0:01:21.520 --> 0:01:27.520 sentence that, in many respects fails to measure the severity 0:01:27.520 --> 0:01:32.120 of how he defied the justice system. Welcome to the 0:01:32.160 --> 0:01:35.919 Buck Sex and Show. Democrats are a bunch of disgraceful, 0:01:35.959 --> 0:01:40.880 crazy liars these days. We know this. Blumenthal an exemplar 0:01:41.040 --> 0:01:47.199 of this didn't get a severe enough sentence. The guy 0:01:47.960 --> 0:01:51.480 Manafort is going away. He's seventy years old. He's going 0:01:51.480 --> 0:01:54.000 away for seven and a half years in federal prison. 0:01:54.080 --> 0:01:59.680 All right, Today we had a Obama appointee judge who 0:02:00.160 --> 0:02:02.320 is very harsh Sean Manafort said that she did not 0:02:02.400 --> 0:02:05.280 believe that he's contrite. He's only being contrite because he's caught. 0:02:05.480 --> 0:02:08.560 Let me just say that I have friends who are judges. 0:02:08.760 --> 0:02:11.320 I know some judges. They can pretty much say that 0:02:11.360 --> 0:02:13.440 to anybody. You know. The whole point is, you show 0:02:13.520 --> 0:02:16.360 up in court and show contrition. You could take thee well, 0:02:16.400 --> 0:02:19.079 you're only contrite because you're caught by the time they're 0:02:19.080 --> 0:02:21.480 in the court. Of course that's the case, right of 0:02:21.800 --> 0:02:23.880 course being caught as a part of this. But they 0:02:23.880 --> 0:02:29.200 didn't turn themselves in. Usually sometimes they do. So this 0:02:29.520 --> 0:02:35.440 is exactly what I expected to happen. And there's a 0:02:35.480 --> 0:02:38.359 lot here that we should pay attention to. HI mean, 0:02:38.360 --> 0:02:44.840 for one, Paul Manaford is getting crushed because he worked 0:02:44.840 --> 0:02:47.200 for Trump. Let's understand that not only would he not 0:02:47.360 --> 0:02:52.560 be facing the financial and personal ruination that he has 0:02:52.560 --> 0:02:57.280 been subjected to, they are making it even worse because 0:02:57.320 --> 0:03:00.520 they want him to be an example. On the one hand, 0:03:00.520 --> 0:03:06.360 they're feeding him to the rabid maniacs of anti Trump 0:03:06.440 --> 0:03:11.040 hashtag resistance land. That's one part of this. And on 0:03:11.080 --> 0:03:13.960 the other hand, they also want to send a message 0:03:14.000 --> 0:03:20.080 to anybody else who would ever even consider working for Trump, 0:03:20.280 --> 0:03:23.000 standing up for Trump, being aligned with him going into 0:03:23.000 --> 0:03:26.720 twenty twenty, that if they can find a way, if 0:03:26.760 --> 0:03:30.359 they can create the pretext for it, they will ruin 0:03:31.040 --> 0:03:35.840 your life. That's why it's so important to them that Maniford, 0:03:36.120 --> 0:03:39.720 who they went through everything, He has a special counsel, 0:03:40.440 --> 0:03:44.520 numerous prosecutor's offices. This guy's as high profile a target 0:03:44.560 --> 0:03:46.400 as that you're going to find in the justices m 0:03:46.520 --> 0:03:49.040 I mean, if you ask somebody, this should tell you 0:03:49.080 --> 0:03:51.720 a lot. If you ask somebody in the DOJ hierarchy, 0:03:52.520 --> 0:03:58.119 would you rather be prosecuting the Manifort case or Chapo Guzman, 0:03:59.200 --> 0:04:00.680 I bet a lot of the what it said, Oh yeah, 0:04:00.680 --> 0:04:04.960 I'll take Manaphort much much bigger win for their career 0:04:05.000 --> 0:04:08.240 than putting away the biggest drug dealer. I mean, Chopo 0:04:08.360 --> 0:04:11.360 is not just a drug dealer. He's a human trafficker, 0:04:11.400 --> 0:04:15.640 a mass murderer, a. I mean, just go down the 0:04:15.680 --> 0:04:21.480 list of crimes. A drug dealer. Obviously, Paul Manaford is 0:04:21.520 --> 0:04:25.400 a tax cheat. And I also think that we always 0:04:25.400 --> 0:04:30.800 should be careful thinking that tax cheats should be punished 0:04:30.880 --> 0:04:37.000 in the most severe fashion by the state. When a 0:04:37.000 --> 0:04:39.160 lot of countries developed countries, we're always here. But I'll 0:04:39.200 --> 0:04:41.240 look at the great healthcare they have. And you know Sweden, 0:04:42.200 --> 0:04:45.120 people don't go to prison usually for tax fraud in Europe. 0:04:45.600 --> 0:04:47.880 Just say it. You know what happens when you don't 0:04:47.920 --> 0:04:50.000 pay your taxes in Europe, they seize your funds and 0:04:50.040 --> 0:04:53.000 they make you pay big fines and they financially punish you. 0:04:53.120 --> 0:04:54.960 Usually you don't go to prison for a long time. 0:04:55.680 --> 0:05:01.239 That's a uniquely American statist thing for the free world, 0:05:01.360 --> 0:05:03.360 you know. That's that's somewhere that I think we need. 0:05:03.480 --> 0:05:05.360 We have some work to do. And I hear these 0:05:05.360 --> 0:05:08.080 people who say, oh, Mana for it is rich and 0:05:08.279 --> 0:05:10.440 his white privilege, and that's why he's not going to 0:05:10.480 --> 0:05:12.400 jail for that long. He's going to jail for seven 0:05:12.440 --> 0:05:16.960 and a half years. Think about everyone, listens, think about 0:05:16.960 --> 0:05:18.440 where you were seven and a half years ago, what 0:05:18.480 --> 0:05:20.479 everything's happened between now, and then it's a lot of stuff. 0:05:21.320 --> 0:05:26.440 It's a long long time. As if that were not enough, 0:05:28.520 --> 0:05:32.560 new York State came along and has now charged him 0:05:32.560 --> 0:05:38.720 with sixteen crimes. That's right, sixteen crimes from New York 0:05:39.680 --> 0:05:43.400 based on a mortgage fraud. And this is from the 0:05:43.400 --> 0:05:48.160 Manhattan District Attorney, Cyrus Vans, another Democrat, another lib. You know, 0:05:48.240 --> 0:05:50.040 it starts. It starts to feel like maybe, if you're 0:05:50.040 --> 0:05:51.880 a Republican, you got to move to a red state 0:05:51.960 --> 0:05:53.240 just so you don't get if you're going to be 0:05:53.279 --> 0:05:56.320 a prominent person who's in public life, just so you 0:05:56.320 --> 0:05:58.400 don't get some lib prosecutor who wants to make a 0:05:58.480 --> 0:06:03.200 name for himself coming after you. So why is it 0:06:03.320 --> 0:06:06.680 so noteworthy that one they timed this thing out the 0:06:06.839 --> 0:06:12.120 same day that the second federal criminal trial ends with 0:06:12.160 --> 0:06:15.920 the judge giving Manafort his sentence. As if one federal 0:06:15.920 --> 0:06:19.400 criminal trial wasn't enough. Now, the state of or well 0:06:19.680 --> 0:06:22.600 New York City, actually it's the Manhattan District Attorney Cyrus 0:06:22.680 --> 0:06:28.919 Vans that he is bringing these charges. Well, it's the 0:06:28.960 --> 0:06:31.880 Manhattan dis attorney for the state of New York. He 0:06:31.920 --> 0:06:36.480 will bring these charges against Manafort. Is just indicative of 0:06:36.960 --> 0:06:41.679 how much. This is political because, as you know, Trump 0:06:41.800 --> 0:06:50.080 cannot pardon. Trump cannot pardon Manafort from New York crimes. 0:06:50.160 --> 0:06:52.480 So even if Trump were to say, on the president, 0:06:52.520 --> 0:06:55.159 this is too much. Manafort's bankrupted and ruined. He's seventy 0:06:55.200 --> 0:06:57.120 years old. The guy just wants to be with his wife. 0:06:57.680 --> 0:07:00.400 I'm going to pardon him. New York is going to 0:07:00.440 --> 0:07:03.120 make sure he goes to prison now for mortgage fraud, 0:07:03.160 --> 0:07:05.520 which I mean, I can tell you having been a 0:07:05.720 --> 0:07:09.680 been in a room where there was in a discussion 0:07:09.720 --> 0:07:13.320 about whether somebody should be charged with mortgage fraud who 0:07:13.440 --> 0:07:18.240 was a semi literate at best immigrant who didn't really 0:07:18.280 --> 0:07:20.160 know what he was doing was wrong. It was pretty 0:07:20.200 --> 0:07:23.680 clear definitely committed mortgage fraud. And this was when we 0:07:23.800 --> 0:07:26.040 found this out in the course of another investigation I 0:07:26.080 --> 0:07:28.560 was involved in, and I put my foot down and 0:07:28.720 --> 0:07:32.080 was like the and he, by the way, he was 0:07:32.080 --> 0:07:35.640 a he was a non white defendant. Okay, So just 0:07:35.680 --> 0:07:38.760 this whole thing about oh, people only care when the 0:07:38.760 --> 0:07:41.280 when the rich white people go to prison, that's not true. 0:07:41.800 --> 0:07:44.080 I was working in law enforcement at the time, and 0:07:44.200 --> 0:07:47.160 this guy was definitely not white and uh not even 0:07:47.200 --> 0:07:51.840 American really, Um, he was he was here. Well, I 0:07:51.840 --> 0:07:54.520 gotta remember his immigration status, but anyway, it wasn't from 0:07:54.560 --> 0:07:57.680 this country originally, and they wanted to put him away, 0:07:57.680 --> 0:08:00.520 and I just said, I'm sorry. The bank hasn't lost 0:08:00.560 --> 0:08:04.400 any money. All the payments have been made, everyone has 0:08:04.400 --> 0:08:07.160 been made whole here. So the bank was he was 0:08:07.200 --> 0:08:11.000 a slightly riskier loan that the bank anticipated, we're really 0:08:10.960 --> 0:08:12.720 gonna send. We're really going to separate this guy from 0:08:12.760 --> 0:08:16.160 I think he had six or seven children. We're really 0:08:16.200 --> 0:08:17.680 going to separate him from his wife and all his 0:08:17.760 --> 0:08:22.000 kids because of this. Now, you can say buck the 0:08:22.040 --> 0:08:23.800 law as the law, but as we know, this is 0:08:23.800 --> 0:08:26.080 the problem. The law isn't the law in this country anymore. 0:08:26.080 --> 0:08:29.000 It's certainly not the case on immigration, certainly not the 0:08:29.040 --> 0:08:31.280 case that our southern border, and it's not even the 0:08:31.280 --> 0:08:35.800 case when it comes to the Espionage Act. We have 0:08:36.520 --> 0:08:39.640 a two tiered justice system in this country. And it's 0:08:39.679 --> 0:08:42.160 not as much as as much as the left pretends. 0:08:42.200 --> 0:08:44.800 It's not just the rich and the poor. It's not 0:08:44.880 --> 0:08:49.840 a financial separation, there's a political separation. The left is 0:08:49.880 --> 0:08:54.120 willing to use the law for explicitly political means in 0:08:54.120 --> 0:08:55.600 a way that we on the right are just not 0:08:55.720 --> 0:08:59.400 willing to do We just don't do it. It's not 0:08:59.480 --> 0:09:01.600 in our makeup, it's not in our DNA, it's not 0:09:01.679 --> 0:09:06.640 in our ethos to view the Department of Justice and prosecutors' 0:09:06.640 --> 0:09:12.040 offices as weapons of politics or as implements of policy 0:09:12.120 --> 0:09:16.240 the same way that the left does. So that's why 0:09:16.320 --> 0:09:22.960 you have Nanifort now getting just the count of countless 0:09:22.960 --> 0:09:24.800 counts thrown against him, and they're coming at him with 0:09:24.840 --> 0:09:29.120 everything they have. He's a ruined man no matter what. 0:09:29.960 --> 0:09:32.840 There's so much glee in the media. People are saying 0:09:32.840 --> 0:09:34.559 that he didn't get enough time. I mean, he's sitting 0:09:34.640 --> 0:09:37.640 US Center, Bloomenthal in bluementhal is an imbecile, but saying 0:09:37.640 --> 0:09:40.640 he didn't get enough time, what would be enough time? 0:09:40.640 --> 0:09:42.360 Should you go away for twenty years? Blue, you know 0:09:42.440 --> 0:09:47.520 denang Dick. Should he go away for twenty years? Really 0:09:48.080 --> 0:09:51.040 for what he's paid, people will say, oh, Bucky chief 0:09:51.040 --> 0:09:52.599 of the fellow government, Yeah, they got him. Guess what 0:09:52.640 --> 0:09:57.120 he's paying twenty five million dollars in fines, So all 0:09:57.160 --> 0:09:59.000 the money that he didn't pay to the government, plus 0:09:59.080 --> 0:10:01.320 huge fines on top that, So the government's been made 0:10:01.320 --> 0:10:04.920 whole the financial crime has been wiped away in the 0:10:04.960 --> 0:10:08.360 sense that you know, there's there's the treasury got their dollars, 0:10:08.360 --> 0:10:11.360 and we know the treasury always gets their dollars. So 0:10:11.400 --> 0:10:14.840 who's the victim here? Why should this guy go away 0:10:14.880 --> 0:10:18.200 for so long? You know, a year or two in 0:10:18.280 --> 0:10:20.840 a minimum security thing. Yeah, that sounds about right to me. 0:10:20.880 --> 0:10:24.360 Maybe three, maybe seven and a half plus New York 0:10:24.440 --> 0:10:28.480 state charges on top of it. Come on, folks, this 0:10:28.640 --> 0:10:31.280 is appalling. This is appalling. And for all those who 0:10:31.280 --> 0:10:33.880 are saying, and this is another common thing you're hearing 0:10:33.880 --> 0:10:37.800 from the left wing media, Oh, man of Fort, he's 0:10:37.840 --> 0:10:40.439 only getting he's getting off light because he's rich and white. 0:10:40.520 --> 0:10:43.880 And look at all the drug sentences out there. Let's 0:10:43.880 --> 0:10:46.520 be clear that when people are dealing drugs and they 0:10:46.600 --> 0:10:51.560 plead to any kind of a distribution charge, usually usually 0:10:53.160 --> 0:10:55.320 there are other charges that they did not plead to. 0:10:55.400 --> 0:10:57.840 It's just that the distribution and possession charges are the 0:10:57.880 --> 0:11:01.080 most easy to prove in federal court. So that's what 0:11:01.760 --> 0:11:05.160 that's what they go with. But there's often they're often 0:11:05.240 --> 0:11:09.720 part of violent, violent drug gangs. There are people who 0:11:09.720 --> 0:11:12.040 have carried weapons while they were selling drugs, which is 0:11:12.080 --> 0:11:15.000 an additional felony. On top of that, there are people 0:11:15.040 --> 0:11:17.360 that have engaged in violence to protect their turf, but 0:11:17.400 --> 0:11:20.760 they can't prove it. And also, if you're talking about 0:11:20.800 --> 0:11:23.840 any kind of opioid sales, they're putting lives at risk. 0:11:23.880 --> 0:11:26.920 They're killing people. I mean, if you're selling opioids to 0:11:26.960 --> 0:11:31.520 people who are addicts and they're overdosing, you're guilty of homicide. 0:11:32.320 --> 0:11:34.640 So all that's, oh, it's just non violent drug rames. 0:11:34.640 --> 0:11:36.640 You know, I gotta walk that back sometimes because I'm 0:11:36.880 --> 0:11:40.160 sympathetic to the Hey, people shouldn't go away. You know. 0:11:40.240 --> 0:11:42.319 For marijuana, it's legal in some states, you know, but 0:11:42.400 --> 0:11:45.680 different substances are different things. You know, if I sell 0:11:45.720 --> 0:11:47.839 somebody at caffeine pill, that's not the same as selling 0:11:47.880 --> 0:11:52.640 them fentyyl. And if you're illegally selling fentyyl, then guess what, 0:11:53.440 --> 0:11:55.040 you were putting lives at risk. You might even be 0:11:55.080 --> 0:11:57.360 taking lives. So yeah, you should get a really serious sentence. 0:11:58.120 --> 0:12:04.079 So this whole oh, non violent, non violent crimes, and 0:12:04.120 --> 0:12:07.720 the way they're prosecuted for drugs versus white collar crimes. 0:12:08.120 --> 0:12:11.600 Nobody overdoses because Manaford doesn't pay his taxes. So let's 0:12:12.080 --> 0:12:14.000 let's try to line these things up and be honest 0:12:14.000 --> 0:12:18.640 about what's really going on here. And there's just another 0:12:18.679 --> 0:12:21.680 part of me too that I always try. I try 0:12:21.720 --> 0:12:30.000 to have some feelings, instincts ideas that are beyond politics, 0:12:31.160 --> 0:12:34.360 and that place of basic sympathy for a fellow American 0:12:34.480 --> 0:12:37.720 is one of them. I feel badly for people who 0:12:38.320 --> 0:12:41.720 have their lives ruined and are going to prison who 0:12:41.760 --> 0:12:45.560 have not done heinous things to be there. Paul Manafort 0:12:45.640 --> 0:12:48.400 has not done anything heinous and awful to go to prison. 0:12:48.440 --> 0:12:50.080 I'm not saying he's not a criminal. I'm not saying 0:12:50.080 --> 0:12:51.959 he doesn't deserve to pay a price. I'm just saying 0:12:52.320 --> 0:12:55.600 he's not a terrible person, all right. He's not some awful, 0:12:56.160 --> 0:12:59.800 dangerous human being. He's got a wife, he's got family too, 0:13:00.200 --> 0:13:02.480 And even if people think that it's justice for him 0:13:02.480 --> 0:13:04.520 to go to prison, as I do, I do think 0:13:04.559 --> 0:13:07.719 it is just that he serves. Sometime. I don't take 0:13:07.760 --> 0:13:11.319 any joy in it, and I don't take any joy 0:13:11.480 --> 0:13:15.760 in the ruination of people as a general matter. I 0:13:15.800 --> 0:13:19.320 think there's something really sick and wrong with those who 0:13:20.200 --> 0:13:22.920 are cheering for the destruction of individuals and for their 0:13:22.920 --> 0:13:27.319 families along with them, and the left wing media and 0:13:27.360 --> 0:13:31.480 the Democratic Party. It has become completely acceptable on the 0:13:31.600 --> 0:13:36.240 left to be rooting for members of Donald Trump's family 0:13:36.240 --> 0:13:38.800 to be prosecuted and sent to prison, to be rooting 0:13:38.840 --> 0:13:41.720 for people in Trump's inner circle like Maniford and others 0:13:42.320 --> 0:13:47.800 to be destroyed and sent to prison. This is disgusting. 0:13:48.920 --> 0:13:53.439 This is a disgrace. And especially because they don't even 0:13:53.520 --> 0:13:55.240 know what crime may or may not have been committed, 0:13:55.320 --> 0:13:59.240 they just want them destroyed. And they have no decency 0:13:59.280 --> 0:14:06.079 about this, no interest in mercy or grace or kindness. 0:14:07.720 --> 0:14:10.320 The Democrats, it's always so interesting to me. They think 0:14:10.320 --> 0:14:14.680 of themselves as the good, nice people because they have 0:14:14.720 --> 0:14:18.959 the policies that gives the poor people free stuff. But 0:14:20.160 --> 0:14:24.400 they conduct themselves in the political wars that are going 0:14:24.440 --> 0:14:27.280 on in this country right now as utter savages who 0:14:27.360 --> 0:14:30.800 run around bayonetting all the survivors all the time. I mean, 0:14:30.840 --> 0:14:35.760 they just don't care. And you see this with the 0:14:36.480 --> 0:14:41.840 glee that the imprisonment of a seventy year old man 0:14:42.360 --> 0:14:44.400 for almost a decade, who's not you know, he's going 0:14:44.440 --> 0:14:46.360 to be separated from his wife and his family probably 0:14:46.360 --> 0:14:49.640 will die in prison. Do they sleep better at night 0:14:49.640 --> 0:14:52.640 now because of this? Democrats feel like this is such 0:14:52.640 --> 0:14:55.840 a great thing. There's no collusion proven. He's not a trader. 0:14:57.120 --> 0:14:58.960 People call him a traitor, I say, based on what 0:15:00.920 --> 0:15:03.880 they didn't even know what he was doing lobbying in Ukraine, 0:15:03.920 --> 0:15:06.720 not in Russia, by the way, and was always trying 0:15:06.720 --> 0:15:10.920 to get the Ukrainian oligarch that he was working with 0:15:11.000 --> 0:15:16.200 and politicians to go in a more pro Western, pro 0:15:16.280 --> 0:15:19.760 American direction. So there's actually an argument you made that 0:15:19.800 --> 0:15:23.680 Manafort was useful to American ford policy interests, believe it 0:15:23.760 --> 0:15:27.160 or not. But he cheated on his taxes, but they're 0:15:27.160 --> 0:15:29.720 not mad about that. They don't care. What about how 0:15:29.760 --> 0:15:31.760 sharp did in his taxes? Everybody, even you want to 0:15:31.760 --> 0:15:35.840 play this game, how many MSNBC hosts owe some back taxes. 0:15:38.120 --> 0:15:40.000 But Maniford is tied to Trump, and anyone tied to 0:15:40.040 --> 0:15:42.160 Trump must be destroyed. And anyone who is destroyed, who 0:15:42.200 --> 0:15:44.200 is tied to Trump, that's a good thing to be celebrated. 0:15:44.200 --> 0:15:46.520 That's how the left thinks of things, because their souls 0:15:46.520 --> 0:15:49.640 have been corrupted by their hatred of this administration and 0:15:49.680 --> 0:15:52.360 the brainwashing of the media, and it is both sad 0:15:52.520 --> 0:16:01.040 and destructive. We'll be right back. So as a parent, 0:16:01.240 --> 0:16:04.120 How much sympathy would you have for these parents who 0:16:04.120 --> 0:16:07.920 are embroiled in this alleged cheating scandal. Zero zero? Okay, 0:16:09.920 --> 0:16:13.360 that was Elizabeth Warren in case you didn't know, a 0:16:13.360 --> 0:16:17.720 lot of people find it kind of rich that Elizabeth Warren, 0:16:19.120 --> 0:16:23.640 Cherokee as she usually describe herself, has no sympathy for 0:16:23.800 --> 0:16:25.600 parents who are trying to get their kids into these 0:16:25.600 --> 0:16:29.080 elite schools. You know, this is one of these stories, 0:16:29.160 --> 0:16:33.360 my friends, that is getting the attention of all kinds 0:16:33.360 --> 0:16:36.120 of folks because there's lots of different ways to approach 0:16:36.160 --> 0:16:40.880 it and look at it. But this recurring theme that 0:16:40.920 --> 0:16:43.840 we have here in the Freedom Hunt of how the 0:16:44.240 --> 0:16:47.920 elites aren't nearly as exceptional as they think they are, 0:16:48.240 --> 0:16:53.800 and how that creates insecurities among them and we see 0:16:53.840 --> 0:16:56.520 them now more for what they are than at any 0:16:56.520 --> 0:17:01.880 other point in our history. The elite schools cheating scandal 0:17:02.920 --> 0:17:05.600 ties into all of that, because what is the first 0:17:05.640 --> 0:17:09.600 thing that people will fall back on. Who are the 0:17:09.600 --> 0:17:12.280 ones running things in this country? You know, the ones 0:17:12.280 --> 0:17:14.320 who are at the top of the power pyramid in 0:17:14.359 --> 0:17:16.639 this country. What's the one thing that's supposed to be 0:17:16.680 --> 0:17:23.000 there their symbol of meritocratic excellence at the one place 0:17:23.040 --> 0:17:26.760 where they they've they've earned it. Not with everybody, right, 0:17:26.880 --> 0:17:31.760 but usually it will be their school. What school did 0:17:31.760 --> 0:17:36.160 you go to? And this is a pretty recent phenomenon 0:17:36.320 --> 0:17:39.359 where that's now a part of your identity. Mean, I 0:17:39.359 --> 0:17:41.399 have to laugh. I see people that go to the 0:17:41.440 --> 0:17:44.080 gym where I am in DC still and you know, 0:17:44.119 --> 0:17:47.240 they're they're in their forties, they're in their fifties, and 0:17:47.680 --> 0:17:50.520 they're still wearing And I see the same folks over 0:17:50.560 --> 0:17:53.720 and over. They're still wearing all their their college gear. 0:17:53.920 --> 0:17:55.960 And you know, look, if you went through Ohio State 0:17:55.960 --> 0:17:57.679 and you want to rep Ohio State, that's great. But 0:17:57.720 --> 0:18:00.959 there's some people that show up with their Harvard Business 0:18:01.000 --> 0:18:03.280 School T shirt a little too often. You know, it's 0:18:03.280 --> 0:18:06.640 like I think you own other t shirts. People really 0:18:07.960 --> 0:18:10.800 take a lot of personal value from this experience. And 0:18:10.840 --> 0:18:13.359 the thing is they don't care if they how they 0:18:13.400 --> 0:18:18.000 got there. They just like the perception. There's a tremendous 0:18:18.080 --> 0:18:21.840 amount of ego and vanity that plays into this whole 0:18:22.119 --> 0:18:26.600 school game and the arms race around it that pushes 0:18:26.600 --> 0:18:28.480 people to do all these crazy things to try to 0:18:28.520 --> 0:18:31.679 get into these schools. And I think this is a 0:18:31.680 --> 0:18:33.720 good thing for us to really pull apart and look 0:18:33.760 --> 0:18:36.359 at and what does it tell us not just about 0:18:37.320 --> 0:18:39.919 the nature of the academy in this country and how 0:18:39.920 --> 0:18:43.840 corrupted it is, but also are the elites really as 0:18:43.840 --> 0:18:47.280 elite as they pretend to be? That's coming up. This 0:18:47.480 --> 0:18:50.679 plays into a deep worry that the American people have, 0:18:51.000 --> 0:18:53.880 and I share that worry, you know, and we see 0:18:53.920 --> 0:18:56.639 it in politics. This was appealed to by Donald Trump 0:18:56.680 --> 0:18:59.600 and Bernie Sanders. You know, is the system rigg? Do 0:18:59.600 --> 0:19:01.919 you remember when Donald Trump said is the system rigged? 0:19:02.119 --> 0:19:04.760 Bernie Sanders asked the same question. Turned out in this 0:19:04.880 --> 0:19:08.840 case it was right, and people believe that America's about 0:19:09.080 --> 0:19:16.200 equal opportunity. Of course, this system is rigged. Is this 0:19:16.320 --> 0:19:19.840 news to anybody that the education system in this country, 0:19:19.880 --> 0:19:25.159 at the elite institutions is rigged. It's a precious commodity. 0:19:25.240 --> 0:19:30.440 It's a credentialing system. It's not really intellectual and certainly 0:19:30.440 --> 0:19:35.199 not ethical. Training for the next generation elite schools, and 0:19:35.240 --> 0:19:40.240 the crush to get into them is all about gaming 0:19:40.240 --> 0:19:44.439 the system, influence, finding your way because just being the 0:19:44.480 --> 0:19:47.880 best in your class, just being a straight a student 0:19:48.200 --> 0:19:51.399 and a really good guy or gal that everyone, you know, 0:19:51.560 --> 0:19:54.239 class president all that. That doesn't cut into a lot 0:19:54.240 --> 0:19:56.720 of these places. I mean, you'll get in somewhere. You're 0:19:56.720 --> 0:19:59.480 not gonna get into your dream school necessarily. There's too many, 0:19:59.680 --> 0:20:02.840 too many high school too many students. And you're talking 0:20:02.880 --> 0:20:07.840 about that really upper echelon of the top fifty schools 0:20:07.840 --> 0:20:11.400 in the country, maybe the top one hundred, and how 0:20:11.400 --> 0:20:15.560 many millions of college students matriculate every year. I just 0:20:15.560 --> 0:20:17.520 think it's funny this. Oh my gosh, you mean that 0:20:18.440 --> 0:20:21.240 you mean to tell me that people are cheating to 0:20:21.320 --> 0:20:24.639 get into college. Of course they are. Now I'm not 0:20:24.720 --> 0:20:27.520 saying it's okay. What's so interesting is when I try 0:20:27.560 --> 0:20:29.840 to get into the different aspects of this, I get 0:20:29.880 --> 0:20:32.280 a lot of heat from people, especially out on the 0:20:32.320 --> 0:20:35.120 Twitter sphere, and I'm saying, you know, do we really 0:20:35.160 --> 0:20:40.200 need people to treat this as a federal RICO investigation? 0:20:40.880 --> 0:20:45.480 You know, this is racketeering, you know, And there are 0:20:45.520 --> 0:20:49.720 some interesting parallels to be drawn between what the Advancement 0:20:49.760 --> 0:20:53.080 Office does, which is give us a check, and what 0:20:53.119 --> 0:20:54.919 was going on here, which is give the coach for 0:20:55.040 --> 0:20:58.560 this team a check. And there was a great analysis 0:20:58.560 --> 0:21:01.240 on Bloomberg Today by a guy named Matt Levine that 0:21:01.280 --> 0:21:03.280 I think really explains this, and I think this is 0:21:03.320 --> 0:21:07.760 a unique take on this because he understands the insider trading. 0:21:08.920 --> 0:21:12.520 Insider trading law now just a real quick overview of that. 0:21:12.640 --> 0:21:20.280 You you cannot trade on non public information. That and 0:21:20.320 --> 0:21:22.640 people always think, well, that means you can't use information 0:21:22.720 --> 0:21:26.080 other people don't have. That's not true. People trade on 0:21:26.400 --> 0:21:31.280 information advantage all the time. It's not about fairness material 0:21:31.359 --> 0:21:36.200 non public information that violates a fiduciary duty you have 0:21:36.440 --> 0:21:40.080 or that someone has. That's where insider trading comes in. 0:21:40.280 --> 0:21:42.439 So if you're the officer of a company and you 0:21:42.480 --> 0:21:46.080 have a fiduciary duty to that company, you can't act 0:21:46.160 --> 0:21:48.919 on that information, and you can't give that information to 0:21:48.960 --> 0:21:51.600 someone else to act on, nor can they act on it. 0:21:51.920 --> 0:21:55.399 But it's not just that. It's not about what's fair, 0:21:55.560 --> 0:21:57.680 as this guy talks about it. It's not about what's fair. 0:21:58.240 --> 0:22:00.920 The stock market's unfair all the time. People have all 0:22:01.040 --> 0:22:04.560 kinds of advantages that are built in faster trading desks, 0:22:04.640 --> 0:22:09.159 faster execution on their orders, and by the In the 0:22:09.200 --> 0:22:13.800 same way, the college admissions process is not fair. You 0:22:13.880 --> 0:22:18.199 got you got minorities who get a huge advantage depending 0:22:18.200 --> 0:22:20.640 on what n not Asians, but blacks in Hispanic's huge 0:22:20.680 --> 0:22:23.200 advantage in the application brought just a fact. People get 0:22:23.200 --> 0:22:25.680 so uncomfortable you say, that's just a fact, you know, 0:22:26.119 --> 0:22:27.679 I don't know. I mean, we're not supposed to talk 0:22:27.680 --> 0:22:31.840 about this. Interestingly. Definitely know Muslim students don't have a 0:22:31.840 --> 0:22:33.760 big advantage when they apply. I always think that's, you know, 0:22:33.760 --> 0:22:37.040 so you can be a Middle Eastern, you know, Arab 0:22:37.160 --> 0:22:39.639 Muslim and that doesn't really help you to get into school. 0:22:40.040 --> 0:22:43.360 But if you are Native American, huge help to get 0:22:43.359 --> 0:22:45.400 into school. If you're a Black, huge help to get 0:22:45.400 --> 0:22:50.600 into school, same thing if you are Latino Hispanic. But 0:22:50.880 --> 0:22:52.800 the problem, you know, so they are all these different ways. 0:22:52.800 --> 0:22:55.679 And yeah there's legacy. But as i've legacy is not 0:22:55.720 --> 0:22:57.760 what people think. It's not the surefire thing that people 0:22:57.800 --> 0:22:59.400 think it is because there's too many people with kids 0:22:59.440 --> 0:23:02.600 that graduating from these schools, so legacies and up just 0:23:02.640 --> 0:23:04.879 competing against each other. For those who really want to know, 0:23:04.960 --> 0:23:06.800 I have friends who have worked in college admissions, and 0:23:06.800 --> 0:23:08.760 I've talked to them extensively about this, and they've worked 0:23:08.760 --> 0:23:12.359 at elite places Columbia University, Amherst College places that I know, 0:23:13.160 --> 0:23:17.040 you're competing always against buckets, meaning that you know, if 0:23:17.080 --> 0:23:22.720 you're a white middle class kid from Indiana, you're competing 0:23:22.720 --> 0:23:25.280 against other white middle class kids from the mid West. 0:23:25.800 --> 0:23:34.600 If you are a Latino, you know, musician from inner 0:23:34.600 --> 0:23:38.520 city Los Angeles, you're competing against other Latinos from the 0:23:38.560 --> 0:23:40.960 West Coast, maybe who play an instrument. I mean, they 0:23:41.040 --> 0:23:43.960 really look at you in buckets. I mean that's really 0:23:44.000 --> 0:23:46.800 your competition. You're not competing against the whole class. Men 0:23:46.840 --> 0:23:49.920 compete against men, women against women, although now that's probably 0:23:49.960 --> 0:23:53.359 gotten more complicated because what do they identify as? But 0:23:53.480 --> 0:23:57.639 they look at this as pulling together this diverse group, 0:23:57.680 --> 0:24:01.240 So you're competing against your own identity group within the 0:24:01.359 --> 0:24:05.920 diversity pool. But this Bloomberg analysis says that the real 0:24:07.560 --> 0:24:10.439 way that these people went wrong with this massive and 0:24:10.560 --> 0:24:12.560 it is it's amazing to read about this stuff. And 0:24:12.640 --> 0:24:18.720 people were They were clearly very desperate to get into 0:24:18.800 --> 0:24:20.679