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Speaker 1: Hey, guys, ready or not, twenty twenty four is here

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Speaker 1: and we here at breaking points, are already thinking of

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Speaker 1: ways we can up our game for this critical election.

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Speaker 2: We rely on our premium subs to expand coverage, upgrade

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Speaker 2: the studio ad staff, give you, guys, the best independent

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Speaker 2: coverage that is possible. If you like what we're all about,

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Speaker 2: it just means the absolute world to have your support.

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Speaker 2: But enough with that, let's get to the show.

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Speaker 3: Good morning, everybody, Happy Monday. We have an.

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Speaker 2: Amazing show for everybody today. What do we have, Crystal boy.

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Speaker 3: Oh boy?

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Speaker 4: A lot going on this week.

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Speaker 1: We've got updates coming for you out of California, flooding, earthquake.

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Speaker 1: No one saw any of that coming, so we will

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Speaker 1: bring you the latest there. We also have a debate

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Speaker 1: this week, debate without the Republican front. Trump he's officially

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Speaker 1: said now he is not going to participate in any

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Speaker 1: of the debates.

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Speaker 4: We'll get to all of that.

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Speaker 1: We've also got some updates now coming out of Hawaii,

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Speaker 1: some backstory about some of the dramatic failures that led

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Speaker 1: to the absolute catastrophe there, so we will break that

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Speaker 1: down for you as well. It's some pretty fascinating polling

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Speaker 1: coming out just this morning about how Republican voters are

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Speaker 1: feeling about the primary field and how likely things are

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Speaker 1: to change between now and the start of the Iowa Caucuses.

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Speaker 1: We've also got some backstory now with regard to Hunter

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Speaker 1: Biden and the Plea deal that fell apart, how that

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Speaker 1: all happened, and a pretty dire prediction I guess from

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Speaker 1: Michael Berry. He was one of the people who called

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Speaker 1: the financial crisis in two thousand and eight correctly made

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Speaker 1: a ton of money off of it. He has just

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Speaker 1: placed a massive bet against the US economy, So break.

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Speaker 4: That down for you.

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Speaker 1: But before we get to any of that, you know,

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Speaker 1: we really want to thank all of the Premium subscribers

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Speaker 1: who make all of this happen. We were up late

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Speaker 1: last night making sure we could track what's going on

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Speaker 1: with this tropical storm Hillary in California. We've also got

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Speaker 1: some special debate coverage plan for you guys this week.

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Speaker 1: So all of that is made possible by your support.

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Speaker 3: Yeah, that's right. You know, we have to scramble or

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Speaker 3: late night.

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Speaker 2: I know we have a big audience out in California

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Speaker 2: and we often find crystal that California is very neglected

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Speaker 2: by the East Coast based medius, so.

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Speaker 3: We want to do it.

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Speaker 4: Yeah, there's definitely a cohost biased.

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Speaker 2: We would want to try and represent you guys all

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Speaker 2: who are out there. I believe actually California out of here.

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Speaker 2: I mean, it makes sense, biggest population, but in terms

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Speaker 2: of people who watch and who listen to the show. Also,

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Speaker 2: you know, as you said, for our debate coverage, we're

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Speaker 2: going to have a debate special. It will drop early

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Speaker 2: for premium subscribers and then it will premiere to the

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Speaker 2: general public several hours later. So if you want to

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Speaker 2: go ahead we want to get access to that stuff,

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Speaker 2: you can go sign up Breakingpoints dot com.

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Speaker 3: We love you guys. But let's get to the storm.

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Speaker 1: Yes, indeed, so I'm taking a look at weather dot

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Speaker 1: com this morning. Their headline is flooding and mudslides Strand,

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Speaker 1: California residence. That is after what is now tropical storm

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Speaker 1: Hillary made a landfall there yesterday afternoon. And right about

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Speaker 1: the time that Hillary made landfall, we actually had an

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Speaker 1: earthquake also in southern California. Go ahead and put this

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Speaker 1: off on the screen. We've got a little bit of

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Speaker 1: video here so you can see the shaking. This was

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Speaker 1: a magnitude five point one that's considered a moderate earthquake,

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Speaker 1: and there's no significant reported damage from that. But that

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Speaker 1: was just the beginning of things that Hillary came ashore

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Speaker 1: and really lashed that area with high winds and also

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Speaker 1: in particular massive rainfall. We can put up on the

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Speaker 1: screen some of the flooding. It seems like Palm Springs

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Speaker 1: was particularly hard hit. I think these videos we are

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Speaker 1: showing you are out of that area. You can see

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Speaker 1: this is what they call a debris plug coming through

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Speaker 1: one of the waterways here. And the rain continues into today.

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Speaker 1: So there are concerns that, in addition to the significant

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Speaker 1: flooding they see on the streets and places like La

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Speaker 1: Palm Springs, even now moving into Las Vegas, Nevada, that

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Speaker 1: as that rain continues, you could have additional flooding, especially

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Speaker 1: as it sort of runs off down the mountains, fills

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Speaker 1: up the waterways and continues. So that's what things look

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Speaker 1: like in California, and we'll make sure to you know,

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Speaker 1: continue to watch it forevery yeah.

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Speaker 3: So everybody watch out.

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Speaker 2: Flash flood warning still in all of southern California and

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Speaker 2: continuing in Nevada with the heavy rainfall, I think, what

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Speaker 2: was it. It's like the amount of rain that they

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Speaker 2: will sometimes get in an entire year that fell in

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Speaker 2: a single day, which yeah, crazy.

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Speaker 1: So in Palm Springs in particular, which, like I said,

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Speaker 1: I think was kind of hardest hit in terms of

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Speaker 1: the US side. Baja Peninsula was also hit very hard.

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Speaker 1: They got as much rain as they typically get in

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Speaker 1: six months they got in one day.

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Speaker 4: La. I'm looking at the numbers now.

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Speaker 1: They picked up two point three eight inches of rain

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Speaker 1: just yesterday. Typically in August they average zero inches of rain,

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Speaker 1: so massive increase. And you know in the desert areas,

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Speaker 1: they you know, aren't used to getting this kind of rainfall,

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Speaker 1: and so it can lead to really significant flooding that

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Speaker 1: causes a lot of problems for people. The other thing

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Speaker 1: about this is just how remarkably unusual it is. This

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Speaker 1: is the first time you've had a tropical storm make

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Speaker 1: landfall and hit California in I think it's twenty six years,

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Speaker 1: So highly unusual, you know, partly because my understanding is

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Speaker 1: because the ocean is cooler, you're just less likely to

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Speaker 1: get these type of formations out west than you are

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Speaker 1: on the Atlantic coast. So By the way, there are

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Speaker 1: also a lot of disturbances in the Atlantic right now

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Speaker 1: that they're tracking that could be turning into tropical storms

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Speaker 1: or hurricanes, so, you know, hurricane season just getting started here.

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Speaker 1: So far, we haven't had any reports of deaths. We

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Speaker 1: did have a number of rescues in and around San

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Speaker 1: Diego people who were stranded in the in the water

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Speaker 1: in flooded areas. So make sure if you guys are

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Speaker 1: out west, stay home, don't go out driving.

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Speaker 4: I saw some.

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Speaker 1: Crazy videos of people driving in the stuff. I never

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Speaker 1: water up to the you know, up to the engine

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Speaker 1: level in the car. Not a great idea, but so far,

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Speaker 1: you know, everybody seems to be maintaining pretty well.

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Speaker 3: Yep.

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Speaker 2: Hopefully everybody stay safe out there. I know it's a

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Speaker 2: big thing out there in California. We're thinking about you

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Speaker 2: and we will continue to track it on your behalf.

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Speaker 1: All right, So let's get to the big story of

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Speaker 1: the week, which is Wednesday night there will be hosted

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Speaker 1: by Fox News the very first Republican primary debate.

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Speaker 4: However, we just got official word.

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Speaker 1: Not that this will be that much of a surprise,

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Speaker 1: but the front runner, the overwhelming front runner in that contest,

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Speaker 1: will not be participating. Let's put this up on the screen.

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Speaker 1: True social from former President Trump. He says new CBS

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Speaker 1: poll just down has me leading the field by legendary

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Speaker 1: in quotes numbers, Trump sixty two percent, forty six points

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Speaker 1: above the sanctimonius.

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Speaker 4: Who is crashing like an ailing bird.

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Speaker 1: Ramaswami seven, Pence five, Scott three, Hailey two, sloppy, Chris

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Speaker 1: Christy two, Ada Hutchinson one. The public knows who I

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Speaker 1: am and what a successful presidency I had, with energy independent,

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Speaker 1: strong borders of military, biggest ever at tax and regulation cuts,

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Speaker 1: no inflation, strongest economy in history, and much more. I

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Speaker 1: will therefore not be doing the debates. So that's kind

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Speaker 1: of noteworthies. He's not just ruling out this debate. He's

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Speaker 1: also like, I'm not going to do any of the

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Speaker 1: debates now. Of course, this is a man who can

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Speaker 1: very much change his minds.

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Speaker 3: He could change his mind anytime he wants.

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Speaker 2: We should say, though, that because he has said he

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Speaker 2: won't sign the Loyalty Pledge, it does come down to like, well,

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Speaker 2: will he because if he doesn't, then legally or not legally,

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Speaker 2: according to the rules of the RNC then he won't

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Speaker 2: be able to participate. And at the same time, Crystal,

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Speaker 2: he's planning the counter programming, not only participating in the debate,

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Speaker 2: but something that he often did while he was the president.

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Speaker 2: People will recall Trump's feud, of course, with a White

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Speaker 2: House Correspondence dinner, which he shunned his entirety of the time,

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Speaker 2: and he would often plan rallies on the very same

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Speaker 2: nights as the White House Correspondent dinner to particularly stick

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Speaker 2: it to the press because it meant some people couldn't

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Speaker 2: attend and they had to cover the rally instead. He's

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Speaker 2: doing the same thing here. Let's go ahead and put

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Speaker 2: this up there on the screen. He's planning to skip

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Speaker 2: the debate actually for an interview with Tucker Carlson, and

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Speaker 2: that interview will air at the exact same time as

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Speaker 2: the debate on x I Guess formerly known as Twitter.

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Speaker 2: I hate that I have to say that now, but

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Speaker 2: it is what it is. Clearly, it's a snub intended

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Speaker 2: on Tucker's behalf at his former employer, and it's one

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Speaker 2: of those where counterprogramming and truly, like you have to

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Speaker 2: imagine that he's not an idiot, he's a showman. He's

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Speaker 2: going to say something he knows is going to gain

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Speaker 2: some like actual press attention, and any press attention that

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Speaker 2: happens during the debate which is not debate related, that's

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Speaker 2: bad for the debate, that's bad for ratings on Twitter,

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Speaker 2: especially where all the political journalists are going to be.

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Speaker 2: If he says something which is more newsworthy than what's

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Speaker 2: going on in the debate, well we all know what's

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Speaker 2: going to actually get the coverage the next day, split

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Speaker 2: screen or even split headlines or any of that. That's

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Speaker 2: exactly what Trump wants and it's probably what he's going

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Speaker 2: to get.

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Speaker 1: Yeah, I mean it's a super fu to Fox News.

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Speaker 1: Oh yeah, Like not only because remember Fox News is

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Speaker 1: hosting this debate, so not only are you not going

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Speaker 1: to the debate that they begged him to go. I

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Speaker 1: mean there's a lot of reporting about the charm offensive,

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Speaker 1: every executive under the sun flying out to wherever Trump

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Speaker 1: was to try to cajole him into going. There's an

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Speaker 1: anecdote about he was at dinner with one Fox personality.

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Speaker 1: It gets a call from Behar and he's holding up

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Speaker 1: his phone to all the other dinner people showing them

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Speaker 1: that oh Brett bher is calling, And I mean I

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Speaker 1: think he more or less decided a while ago that

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Speaker 1: he wasn't going to do this. This is something we've

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Speaker 1: been talking about for we haven't expected him to do

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Speaker 1: it for months at this point. But you know, he

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Speaker 1: liked to dangle the possibility to keep all of these

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Speaker 1: people kissing the ring and begging him to come, because

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Speaker 1: he enjoys, you know, he enjoys the suspense. He enjoys

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Speaker 1: stringing people along like that. So that's exactly what he did.

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Speaker 1: But you know, in the end, basically he decided, I

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Speaker 1: don't need to debate, and there's more risk for me

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Speaker 1: to be on that stage.

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Speaker 4: Especially in particular.

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Speaker 1: I guess he was a little concerned about Chris Christy

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Speaker 1: because he is an effective debater and you know, might

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Speaker 1: be able to land some blows and it just creates

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Speaker 1: risk that he didn't want to have to deal with now.

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Speaker 1: So in terms of the strategy, I guess I understand it.

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Speaker 1: In terms of democracy, obviously, that's horrific. I think that

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Speaker 1: everyone should be required to debate, not just at the

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Speaker 1: presidential level, but any you know, serious candidate in any

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Speaker 1: race should have to go in front of the American

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Speaker 1: people have their ideas tested, be challenged by their adversaries,

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Speaker 1: et cetera. So the fact that we have, you know,

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Speaker 1: in the Republican primary and on the Democratic primary, basically

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Speaker 1: the two front runners just saying no, we're not going

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Speaker 1: to participate is really quite sad and disgraceful. One thing

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Speaker 1: I will say is, you know it is there does

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Speaker 1: there is a risk created for Trump by not participating

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Speaker 1: in these debates because listen, he's going to do an

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Speaker 1: interview with Tucker Apparently he's already recorded the interview with

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Speaker 1: Tucker Soccer and that's.

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Speaker 4: Going to go up on X.

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Speaker 1: Well, most Americans are not on trax formerly Twitter, and

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Speaker 1: so how wide ranging is that going to be? Debates

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Speaker 1: are new and interesting and dynamic in that you know,

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Speaker 1: you've never had this group of people on stage before.

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Speaker 1: You want to see what happens. There's controversy, there's conflict,

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Speaker 1: and people are inherently interested in that sort of conflict.

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Speaker 1: And so he's doing something that he normally really doesn't do,

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Speaker 1: which is giving others the chance to grab the spotlight.

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Speaker 1: So in that sense, it does create some risk for him.

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Speaker 1: Like I said, I understand the strategy. It's probably the

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Speaker 1: correct strategy, even though I find it kind of loathsome,

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Speaker 1: but we shouldn't deny the fact that he does create

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Speaker 1: a little bit of risk here for someone else to

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Speaker 1: grab attention and have a little bit of a bunk

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Speaker 1: coming out of this debate.

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Speaker 3: No question about it. You're absolutely right.

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Speaker 2: Actually, that's the point that Fox newsmade whenever they're begging

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Speaker 2: him to come on the debate.

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Speaker 3: Let's take a listen.

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Speaker 5: I just don't see Donald Trump sitting at home watching

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Speaker 5: along with forty or fifty.

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Speaker 6: Million other Americans when he sees Ron DeSantis in that

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Speaker 6: Center Square.

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Speaker 3: That would absolutely drive him crazy. Well, and don't you

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Speaker 3: want him to do it?

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Speaker 7: Because I really am angry at everything that he feels

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Speaker 7: this administration of the Democrats the dj have.

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Speaker 3: Put him through.

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Speaker 7: But don't take it out on the Republicans, because Republicans

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Speaker 7: want to see him up on stage, and don't take

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Speaker 7: the voters for granted. Yes, he is ahead by a lot,

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Speaker 7: but to see him up there on the stage would

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Speaker 7: just be wonderful because we want to see how they interact,

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Speaker 7: we want to hear their policies.

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Speaker 2: That's how he became dom the time he made it entertaining,

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Speaker 2: he made it entertaining. Look, obviously, you know that's not

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Speaker 2: real and honest analysis, but that doesn't make it not true.

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Speaker 2: It is true. I think what they're saying. I think

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Speaker 2: you're right. But unfortunately, given his star power. We're going

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Speaker 2: to talk about a poll later on which shows who

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Speaker 2: Republicans trust plot twist Trump number one, well above conservative

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Speaker 2: media and Fox News.

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Speaker 3: He can get away with it. The man just has

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Speaker 3: more leeway than anybody else.

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Speaker 2: I don't think it should be this way, and in fact,

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Speaker 2: you know.

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Speaker 3: I was thinking about it.

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Speaker 2: Instead of a loyalty pledge, I think that once we

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Speaker 2: are finally rid of Trump, both parties should change their

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Speaker 2: bylaws such that you cannot be the nominee of the

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Speaker 2: Democrats or the Republicans and refuse to participate in sanction debates.

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Speaker 2: You have to participate in said debate if you want

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Speaker 2: to eventually become the nominee of your party.

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Speaker 3: And these debates are good.

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Speaker 2: You know Obama, I think he debated Hillary almost nineteen times,

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Speaker 2: even did debates against Hillary after he was the presumptive

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Speaker 2: nominee and going on, and you know what, a lot

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Speaker 2: of clips of him saying things he was going to

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Speaker 2: do during those times it didn't end up being true.

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Speaker 2: They were very valuable. Yeah, in holding into account. You're like,

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Speaker 2: you said you're going to tear up NAFT on day one.

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Speaker 3: What happened?

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Speaker 2: You said you're going to do X about Iran, you

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Speaker 2: said you're going to do X about a rack, you

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Speaker 2: said you're going to do X about Afghanistan. Why did

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Speaker 2: you change your mind? That was very, very valuable to

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Speaker 2: the public. These primary debates are not a joke. It's

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Speaker 2: very unfortunate. I think they won't be doing it.

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Speaker 1: They're valuable to activists too, because if you make a

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Speaker 1: concrete pledge on that debate stage under pressure for old

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Speaker 1: terrilinary opponents or from the moderators or whatever, that can

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Speaker 1: be real leverage in terms of shaming a politician into

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Speaker 1: doing the thing that they really startly pledge and promised

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Speaker 1: that they would do.

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Speaker 4: So one hundred percent, it's valuable.

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Speaker 1: You never know in a live fire exercise like that,

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Speaker 1: what is going to come out, what's going to be revealed,

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Speaker 1: what sort of pledges are going to be made that

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Speaker 1: you can hold people to, So it is incredibly important.

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Speaker 1: I don't have any expectation that the parties will require

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Speaker 1: that because that would sort of tie their hands. I mean,

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Speaker 1: certainly the Democratic Party has no interest in demand President

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Speaker 1: Biden debate. The DNC explicitly didn't even set up debates

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Speaker 1: for this time around, So, you know, to be clear

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Speaker 1: about how much hope we have for all of this.

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Speaker 1: But you know, the Fox and Friends clips really just

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Speaker 1: shows all of the levels that the Murdoch Empire was,

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Speaker 1: all of the firepower they were training on drum to

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Speaker 1: try to cajole him into going to these debates, but

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Speaker 1: he has no intention of doing it. Let's go and

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Speaker 1: put this next piece up on the screen. From Trump

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Speaker 1: going after Fox, He says, why doesn't Fox and Friend

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Speaker 1: show all of the polls where I'm beating Biden by

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Speaker 1: a lot?

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Speaker 4: They just won't do it.

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Speaker 1: Also, they purposely show the absolute worst pictures of me,

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Speaker 1: especially the big orange one with my.

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Speaker 4: Chin pulled way back.

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Speaker 1: They think they are getting away with something they're not,

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Speaker 1: just like twenty sixteen all over again, and then they

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Speaker 1: want me to debate. So this is part of a

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Speaker 1: sort of escalating war that has been going on between

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Speaker 1: Trump and Fox News and the Murdoch Empire. Trump apparently

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Speaker 1: privately expressing a lot of upset with Rupert Murdoch. Of course,

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Speaker 1: that the head of that whole media conglomerate, and Murdoch

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Speaker 1: has really been a little bit all over the place.

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Speaker 1: I mean, he clearly wants to be rid of Trump.

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Speaker 4: Number one.

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Speaker 1: He initially had back to run DeSantis and explicitly told

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Speaker 1: Dedasantis that he would and his empire would be behind him.

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Speaker 1: They ran all kinds of glowing puff pieces, et cetera.

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Speaker 1: On the other hand, the base and the Fox News

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Speaker 1: viewership still much of it very much in Trump's camp,

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Speaker 1: so you still have a lot of funning Trump coverage

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Speaker 1: on the network.

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Speaker 4: Now.

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Speaker 1: The latest twist is with DeSantis falling off in the polls,

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Speaker 1: as Trump put it, like an ailing bird. Apparently, Murdoch

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Speaker 1: is shopping around the latest person that has caught the

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Speaker 1: fancy of not only Rupert Murdoch, but a bunch of donors.

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Speaker 1: Are living in this delusional world where Glenn Youngkin put

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Speaker 1: us up on the screen, could be the Trump killer.

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Speaker 1: Rupert Murdoch has apparently urged Youngkin to run for president

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Speaker 1: against Trump. They say that he asked him to make

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Speaker 1: a presidential run in at least two meetings several months.

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Speaker 1: Ghost Or was a familiar with the matter, he told

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Speaker 1: the Post. And there's other reporting about how sort of

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Speaker 1: high level Republican donors who are upset with DeSantis and

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Speaker 1: not impressed with his campaign they see young Kin as.

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Speaker 4: Sort of like a lost ditch effort.

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Speaker 8: Yeah.

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Speaker 4: Sorry, I don't see that.

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Speaker 3: One working totally.

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Speaker 2: Everyone will be happy to know the Governor of Virginia

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Speaker 2: actually was in Nantucket yesterday on that island in Massachusetts,

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Speaker 2: had a meet and greet with billionaires at the House

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Speaker 2: of Putnam Investments, Bob Reynolds. The guests also included Steve

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Speaker 2: Schwartzman of Blackstone fame, who has yet to commit to

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Speaker 2: a twenty twenty four can just to give people a night,

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Speaker 2: lovely c who is actually gathering around Glenn Youngen. Yeah,

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Speaker 2: I don't know why these people have any delusion as

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Speaker 2: to how their money matters at all right now in

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Speaker 2: this race, Veak has plenty of money, Doug Bergham's got

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Speaker 2: plenty of money. Desant has got more money than anybody else.

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Speaker 2: They backed up behind him, and you know, he only

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Speaker 2: continues to go down overall in Pulse. It's not the

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Speaker 2: Canada guys, or at least as Canada that you're backing

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Speaker 2: it's the one who's at the top who you don't.

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Speaker 1: Like, and the money ain't the problem getting you know,

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Speaker 1: another name, and this race, Republican voters already have plenty

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Speaker 1: of not Donald Trump options, and you could see who

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Speaker 1: they're sticking with.

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Speaker 2: Well, you know, they never seem to learn over there,

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Speaker 2: but it is what it is. They can light their

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Speaker 2: money on fire.

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Speaker 3: I guess.

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Speaker 2: Let's go to the next one here about Hawaii and Maui.

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Speaker 2: This is something we were tracking closely about the actual

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Speaker 2: response to the disaster, and there's actually been a pretty

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Speaker 2: major development after an outcry in Hawaii or a very

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Speaker 2: controversial decision. Let's go and put this up there on

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Speaker 2: the screen. The head of Maui Emergency Services has resigned

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Speaker 2: after facing criticism for not activating sirens during the fire.

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Speaker 2: So I want to try and be fair to the guy.

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Speaker 2: We talked a little bit about it in our last show.

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Speaker 2: The reason why they said, Crystal that they had not

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Speaker 2: sounded the sirens and instead tried to contact people via

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Speaker 2: the emergency tech system was because they were saying the

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Speaker 2: islanders had been taught to go and run towards the

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Speaker 2: mountains in the event of tsunami, which is traditionally what

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Speaker 2: the siren had been used for, and since that's where

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Speaker 2: the fire was, they didn't want them to go in

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Speaker 2: that direction now there though, at the same time, a

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Speaker 2: lot of people were saying that because many of the

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Speaker 2: other critical emergency systems failed, by failing to pull out

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Speaker 2: all the stops, it shows that you were more concerned

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Speaker 2: with not throwing everything possible at the problem to alert

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Speaker 2: everyone that an imminent disaster was coming. That you basically

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Speaker 2: did that, and now you're coming up with said explanation afterwards,

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Speaker 2: the resignation following actually the resignation after that press conference,

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Speaker 2: which was a very contentious press conference actually where the

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Speaker 2: Emergency Service chief gave this announcement, I think does show

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Speaker 2: you how much actual anger there is not in the

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Speaker 2: rest of the country, but on the island itself. Currently,

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Speaker 2: the Attorney General even says that they are going to

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Speaker 2: conduct an independent review of the government response and an

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Speaker 2: actual investigation as to how this entire disaster unfolded. But

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Speaker 2: this has become a focal point of outcry of people like, well,

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Speaker 2: at least you didn't even try, you know, to give

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Speaker 2: people a heads up, and when we're talking about a

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Speaker 2: death toll potentially in the hundreds. We still don't know

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Speaker 2: yet what the actual death toll is, yeah, on the island,

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Speaker 2: but you know it's a one hundred or so right now,

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Speaker 2: but very very likely to be much higher than that,

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Speaker 2: already one of the deadliest disasters. Well, in that situation,

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Speaker 2: I think it's very very important in order to hold

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Speaker 2: these people to account for what they did.

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Speaker 4: Yeah, I think that's right.

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Speaker 1: And you know, anybody can look at a moment by

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Speaker 1: moment decision and trying to figure out what the best

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Speaker 1: course of action is, and perhaps the excuses given is reasonable.

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Speaker 1: But in hindsight, given that you have so many residents

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Speaker 1: who were saying, you know, I really had no idea

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Speaker 1: how dire the circumstance was, and I really didn't have

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Speaker 1: enough warning to figure out, you know, a plan and

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Speaker 1: be able to really protect myself and my family, I

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Speaker 1: think in hindsight you have to look and say, we

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Speaker 1: probably made the wrong call given how devastating I mean,

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Speaker 1: just to keep this in mind, guys, most devastating fire

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Speaker 1: that we have had in over a century. So, you know,

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Speaker 1: in one hundred years of preventative measures and understanding how

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Speaker 1: to control wildfires and all of this development. You know,

440
00:20:04,200 --> 00:20:06,960
Speaker 1: all of that seemed to go away in this situation

441
00:20:07,119 --> 00:20:10,520
Speaker 1: where you had early warning system that wasn't sounded, you

442
00:20:10,600 --> 00:20:13,880
Speaker 1: had inadequate water to fight the fire. And now there

443
00:20:13,960 --> 00:20:17,359
Speaker 1: continued to be a lot of complaints from residents and

444
00:20:17,400 --> 00:20:21,479
Speaker 1: increasing by the way mainstream reporting about how slow the

445
00:20:21,520 --> 00:20:24,840
Speaker 1: government response has been at all levels. And that's why

446
00:20:24,880 --> 00:20:28,680
Speaker 1: we still don't have anywhere close to an accurate death

447
00:20:28,760 --> 00:20:32,080
Speaker 1: count from just this horrific, tragic situation.

448
00:20:32,320 --> 00:20:34,879
Speaker 2: Yeah, and even right now there's no scrutiny again on

449
00:20:34,920 --> 00:20:37,399
Speaker 2: Hawaii Electric grid, which appears to be the source of

450
00:20:37,440 --> 00:20:39,359
Speaker 2: the fire itself. Let's go and put this up there

451
00:20:39,680 --> 00:20:41,280
Speaker 2: on the screen, and this just gets you know, to

452
00:20:41,359 --> 00:20:46,360
Speaker 2: even more of actual questions. Hawaiian Electric, the power utility

453
00:20:46,400 --> 00:20:49,840
Speaker 2: in charge here, has been worn now for years that

454
00:20:50,280 --> 00:20:53,320
Speaker 2: not only was extreme weather becoming a bigger problem, but

455
00:20:53,400 --> 00:20:57,080
Speaker 2: that the company did not have enough equipment or emergency

456
00:20:57,119 --> 00:21:02,040
Speaker 2: plans to prepare for sparking a wildfire. And the thing

457
00:21:02,119 --> 00:21:06,080
Speaker 2: is is that the closest state, California, California public utilities

458
00:21:06,200 --> 00:21:09,000
Speaker 2: have had to pay billions of dollars in fire damages

459
00:21:09,240 --> 00:21:12,320
Speaker 2: to residents for things that their power lines down, power

460
00:21:12,320 --> 00:21:15,680
Speaker 2: lines and failed safety maneuvers that they didn't look into

461
00:21:15,920 --> 00:21:18,000
Speaker 2: that eventually went on to either kill people or to

462
00:21:18,320 --> 00:21:19,160
Speaker 2: damage property.

463
00:21:19,280 --> 00:21:20,239
Speaker 3: They were warned about it.

464
00:21:20,440 --> 00:21:23,440
Speaker 2: They had an independent review in twenty eighteen which said

465
00:21:23,440 --> 00:21:26,320
Speaker 2: this is a serious problem. They'd seen similar instances in

466
00:21:26,359 --> 00:21:30,000
Speaker 2: the nearest state. They didn't do anything about it. Apparently

467
00:21:30,040 --> 00:21:33,400
Speaker 2: they didn't have a highly reinforced system. There had been

468
00:21:33,440 --> 00:21:36,639
Speaker 2: no hardening of their power lines that made them vulnerable

469
00:21:36,720 --> 00:21:41,479
Speaker 2: to falling into sparking fires. Similarly, they were even aware

470
00:21:41,520 --> 00:21:46,320
Speaker 2: Crystal about dried vegetation which was increasingly growing around said

471
00:21:46,320 --> 00:21:50,560
Speaker 2: power lines, which is what made the wildfire spark so quickly.

472
00:21:50,880 --> 00:21:54,080
Speaker 2: That all of this again comes back to everyone knew

473
00:21:54,119 --> 00:21:55,760
Speaker 2: that this was going to be a problem. It's in

474
00:21:55,800 --> 00:21:58,720
Speaker 2: retrospecting to be like there's warning, warning, warning, you have

475
00:21:58,840 --> 00:22:02,720
Speaker 2: near you know, the near near state, same problem. But

476
00:22:02,800 --> 00:22:07,040
Speaker 2: it's theseies like power utility monopolies, which are effectively accountable

477
00:22:07,040 --> 00:22:08,720
Speaker 2: to no one. You know, let's not lie like these

478
00:22:08,760 --> 00:22:12,000
Speaker 2: things are often rife with corruption and incompetence. You put

479
00:22:12,000 --> 00:22:13,919
Speaker 2: those two things together and I have this horrible and

480
00:22:13,920 --> 00:22:14,640
Speaker 2: deadly wildfire.

481
00:22:14,720 --> 00:22:15,600
Speaker 4: Yeah, that's exactly right.

482
00:22:15,640 --> 00:22:17,800
Speaker 1: No one wanted to pay for that grid yade is

483
00:22:17,840 --> 00:22:22,560
Speaker 1: to be made, even though this exact scenario was envisioned

484
00:22:22,640 --> 00:22:25,439
Speaker 1: and they were warning about it back in two thousand

485
00:22:25,560 --> 00:22:29,119
Speaker 1: and eighteen. Okay, let me just read you this piece.

486
00:22:29,160 --> 00:22:32,600
Speaker 1: In twenty eighteen, the Maui County government warned of the

487
00:22:32,600 --> 00:22:36,760
Speaker 1: potential that above ground power lines that fail short or

488
00:22:36,800 --> 00:22:40,080
Speaker 1: our low hanging can cause fire ignition sparks that could

489
00:22:40,160 --> 00:22:44,840
Speaker 1: start a wildfire, particularly in windy or stormy conditions. That

490
00:22:44,960 --> 00:22:50,320
Speaker 1: appears to have been exactly exactly what happened here. There

491
00:22:50,359 --> 00:22:53,160
Speaker 1: was one hundred and ninety million dollar proposal from Hawaiian

492
00:22:53,200 --> 00:22:56,800
Speaker 1: Electric to improve their grid. It would have, among other things,

493
00:22:56,880 --> 00:23:01,080
Speaker 1: replaced aging power poles with new ones, including eighty in Maui.

494
00:23:01,240 --> 00:23:04,080
Speaker 1: Energy experts had many of the company's poles were probably

495
00:23:04,080 --> 00:23:07,199
Speaker 1: not strong enough to withstand winds that hit Lahina. So

496
00:23:07,320 --> 00:23:11,560
Speaker 1: you couple aging poles not ready for the strength of

497
00:23:11,600 --> 00:23:16,399
Speaker 1: winds that were coming whipping through Lahina with this dried

498
00:23:16,560 --> 00:23:22,119
Speaker 1: in vegetation around the electric lines, these invasive grasses. You

499
00:23:22,200 --> 00:23:25,639
Speaker 1: had a long standing drought that created these dry conditions

500
00:23:25,680 --> 00:23:28,280
Speaker 1: and it ended in a complete disaster. Another thing that

501
00:23:28,320 --> 00:23:32,240
Speaker 1: they had that they had been warned about is they

502
00:23:32,320 --> 00:23:35,240
Speaker 1: needed to establish a power shutof plan, which is something

503
00:23:35,280 --> 00:23:38,159
Speaker 1: that they have implemented in California, so that when you

504
00:23:38,359 --> 00:23:42,200
Speaker 1: have these incredibly dangerous situations that are known to cause

505
00:23:42,240 --> 00:23:45,919
Speaker 1: potential wildfires, you can shut down the power and have

506
00:23:46,000 --> 00:23:49,240
Speaker 1: a backup plan in place to run things that are essential,

507
00:23:49,240 --> 00:23:51,160
Speaker 1: for example, the water pumps to make sure that they're

508
00:23:51,160 --> 00:23:53,840
Speaker 1: still able to fight the fires, using the water generators

509
00:23:53,920 --> 00:23:55,840
Speaker 1: to make sure that hospitals are going to be okay,

510
00:23:55,840 --> 00:23:58,760
Speaker 1: and people who need the electricity literally to live are

511
00:23:58,880 --> 00:24:00,800
Speaker 1: going to be all right. If you have a plan

512
00:24:00,880 --> 00:24:05,719
Speaker 1: in place, then when those high winds went through that

513
00:24:05,840 --> 00:24:08,520
Speaker 1: you know can cause these kinds of problems, you can

514
00:24:08,560 --> 00:24:10,919
Speaker 1: be safe and shut these things down. They did not

515
00:24:11,040 --> 00:24:13,520
Speaker 1: put that sort of plan into place, and so now

516
00:24:13,560 --> 00:24:14,560
Speaker 1: we have disaster.

517
00:24:15,080 --> 00:24:15,920
Speaker 4: I want to show you guys.

518
00:24:16,000 --> 00:24:19,119
Speaker 1: Listen, this is early days in terms of investigating exactly

519
00:24:19,480 --> 00:24:24,000
Speaker 1: what sparked these wildfires. But there's a video that's circulating

520
00:24:24,400 --> 00:24:27,440
Speaker 1: and that news media have picked up on that may

521
00:24:27,560 --> 00:24:30,800
Speaker 1: show exactly where this fire started. It's exactly what we're

522
00:24:30,840 --> 00:24:35,320
Speaker 1: talking about here, a down power line catching invasive dry

523
00:24:35,400 --> 00:24:39,639
Speaker 1: grasses on fire, which then spread quickly. This is before guys,

524
00:24:39,760 --> 00:24:41,320
Speaker 1: let's take a look at that video.

525
00:24:42,359 --> 00:24:45,840
Speaker 8: Breaking power line just went down. Try them a little

526
00:24:45,880 --> 00:24:56,360
Speaker 8: water holes, see them right dead. I saw power line

527
00:24:56,359 --> 00:25:00,280
Speaker 8: that started started from up the road there and all

528
00:25:00,320 --> 00:25:03,720
Speaker 8: of that. It's still Bernie speak.

529
00:25:06,920 --> 00:25:07,520
Speaker 3: It heads up.

530
00:25:07,560 --> 00:25:09,640
Speaker 4: The line is live down the ground right there.

531
00:25:11,040 --> 00:25:19,280
Speaker 3: I send my family away ready, thank you. It's super crazy.

532
00:25:19,359 --> 00:25:22,120
Speaker 8: And then on the other hand, it's like, maybe it'll

533
00:25:22,160 --> 00:25:23,160
Speaker 8: be closure.

534
00:25:23,520 --> 00:25:24,800
Speaker 4: So that video is recorded.

535
00:25:24,880 --> 00:25:26,840
Speaker 1: It was later in the day that the wildfire really

536
00:25:26,880 --> 00:25:30,040
Speaker 1: spread on a control so possibly possibly that way.

537
00:25:30,040 --> 00:25:31,800
Speaker 2: I mean, you can't look at the video and say

538
00:25:31,800 --> 00:25:34,800
Speaker 2: it didn't say it. You know they didn't contribute. Contributed

539
00:25:34,840 --> 00:25:37,000
Speaker 2: for real, you know who knows. We'll look into it

540
00:25:37,040 --> 00:25:40,000
Speaker 2: obviously and will continue to follow. And at the same time,

541
00:25:40,000 --> 00:25:41,440
Speaker 2: you saw that guy with his hoe is trying to

542
00:25:41,440 --> 00:25:44,000
Speaker 2: protect his house. This has become another so as of condendtional,

543
00:25:44,080 --> 00:25:46,320
Speaker 2: let's put this up there. A lot of scrutiny right

544
00:25:46,320 --> 00:25:50,120
Speaker 2: now on Maui and on West Maui, in particular over

545
00:25:50,160 --> 00:25:53,719
Speaker 2: their Emergency Management Department and the Department of Natural Resources,

546
00:25:53,960 --> 00:25:59,120
Speaker 2: who refused to release water immediately requested by landowners who

547
00:25:59,200 --> 00:26:01,840
Speaker 2: wanted to protect their property from the fires. There was

548
00:26:01,880 --> 00:26:04,120
Speaker 2: a standoff. He said he needed to go and check

549
00:26:04,160 --> 00:26:06,639
Speaker 2: with his bosses. There was like a whole procedure that

550
00:26:06,720 --> 00:26:08,920
Speaker 2: he was trying to follow in terms of you got

551
00:26:08,920 --> 00:26:10,760
Speaker 2: to talk to the people who were in charge of

552
00:26:10,800 --> 00:26:15,040
Speaker 2: the farms and the people who were owning the company property. Eventually,

553
00:26:15,119 --> 00:26:18,720
Speaker 2: Crystal the water was released to the landowners, but by

554
00:26:18,720 --> 00:26:21,919
Speaker 2: the time it was fires were already basically rampant, and

555
00:26:22,240 --> 00:26:25,440
Speaker 2: you know, the ability in order to immediately damp in

556
00:26:25,520 --> 00:26:28,359
Speaker 2: the area around you. Many of the people are on

557
00:26:28,440 --> 00:26:31,160
Speaker 2: the island are furious about the conflict on the water

558
00:26:31,200 --> 00:26:34,000
Speaker 2: management because they say that they could have saved either

559
00:26:34,040 --> 00:26:36,000
Speaker 2: their farms or their property should that have happened.

560
00:26:36,080 --> 00:26:37,040
Speaker 3: It's not just about property.

561
00:26:37,040 --> 00:26:39,280
Speaker 2: I mean people you know, died in this fire, and

562
00:26:39,680 --> 00:26:42,399
Speaker 2: it's you know, people died, they lost their lives, and

563
00:26:42,440 --> 00:26:45,320
Speaker 2: then we have hundreds of billions of dollars of damage here.

564
00:26:45,520 --> 00:26:47,560
Speaker 2: And now there's a whole question of obviously what we're

565
00:26:47,600 --> 00:26:48,720
Speaker 2: talking about in terms of.

566
00:26:49,480 --> 00:26:50,359
Speaker 3: Land development use.

567
00:26:50,440 --> 00:26:51,879
Speaker 2: The States says they're going to buy it, are they

568
00:26:51,920 --> 00:26:53,320
Speaker 2: actually going to buy it for the residents?

569
00:26:53,960 --> 00:26:57,760
Speaker 3: These snaking real estate developers are already moving in on this.

570
00:26:57,920 --> 00:27:01,840
Speaker 2: So this whole thing, it's far away, and so you know,

571
00:27:01,920 --> 00:27:04,600
Speaker 2: like we talked about earlier on our show The East Coast.

572
00:27:05,040 --> 00:27:07,520
Speaker 2: They're aware of what's going on, but they're not tracking

573
00:27:07,600 --> 00:27:09,439
Speaker 2: and following the developments closely as if it were to

574
00:27:09,440 --> 00:27:11,440
Speaker 2: happen in Boston or Washington and New.

575
00:27:11,400 --> 00:27:12,159
Speaker 3: York or something like this.

576
00:27:12,240 --> 00:27:14,560
Speaker 2: But this is a real scandal, I think when you

577
00:27:14,640 --> 00:27:17,240
Speaker 2: really look at the multi tiered response to this, the.

578
00:27:17,160 --> 00:27:22,600
Speaker 1: Water piece is really complex and really like devastating. And

579
00:27:22,920 --> 00:27:27,240
Speaker 1: because there have been long standing ideological divisions on Maui,

580
00:27:27,280 --> 00:27:28,800
Speaker 1: as I mean, this is similar to the sort of

581
00:27:28,800 --> 00:27:33,480
Speaker 1: disputes that you see in the western US about who

582
00:27:33,560 --> 00:27:36,000
Speaker 1: has the right to the water and how is it distributed,

583
00:27:36,000 --> 00:27:39,920
Speaker 1: et cetera. And so the question here is did ideology

584
00:27:40,560 --> 00:27:43,919
Speaker 1: get in the way of in these past power struggles

585
00:27:44,000 --> 00:27:46,080
Speaker 1: over who owns the water and who has a right

586
00:27:46,119 --> 00:27:48,280
Speaker 1: to it? Did that get in the way of an

587
00:27:48,280 --> 00:27:51,640
Speaker 1: effective fire response? That is the allegation from a lot

588
00:27:51,680 --> 00:27:53,760
Speaker 1: of people. And then the last thing to mention is

589
00:27:53,760 --> 00:27:56,280
Speaker 1: that President Biden is actually taking break from his vacation

590
00:27:56,760 --> 00:28:01,639
Speaker 1: to fly into Hawaii today to survey the damage. And

591
00:28:01,800 --> 00:28:04,240
Speaker 1: you know, I'm sure he's gonna if he gets any

592
00:28:04,520 --> 00:28:06,679
Speaker 1: residents near him that have a chance to give him

593
00:28:06,680 --> 00:28:08,719
Speaker 1: an earful about how they feel about the response so far.

594
00:28:08,800 --> 00:28:10,080
Speaker 4: I'm sure he's going to hope quite.

595
00:28:09,960 --> 00:28:13,359
Speaker 1: A bit about the lack of visible federal coverment response.

596
00:28:13,400 --> 00:28:16,080
Speaker 2: Thank you, mister President, for taking a break from staying

597
00:28:16,160 --> 00:28:19,040
Speaker 2: at billionaire Tom Sneyer's house, of which he claims he's

598
00:28:19,080 --> 00:28:22,680
Speaker 2: renting for fair market value, which is great in Lake Tahoe.

599
00:28:22,720 --> 00:28:25,800
Speaker 2: Thank you for taking a break during that second vacation

600
00:28:25,960 --> 00:28:28,399
Speaker 2: actually this month in order to visit Hawaii after you

601
00:28:28,440 --> 00:28:32,639
Speaker 2: originally said no comment. That's the American leadership that Americans

602
00:28:32,640 --> 00:28:33,520
Speaker 2: have come to expect.

603
00:28:33,640 --> 00:28:35,880
Speaker 1: Yes, all right, shamed him into doing it, so glad

604
00:28:35,880 --> 00:28:37,880
Speaker 1: that hope he there. All right, let's talk a little

605
00:28:37,920 --> 00:28:40,920
Speaker 1: bit more about what is going on in the Republican primary,

606
00:28:41,000 --> 00:28:44,400
Speaker 1: because we have some really fascinating numbers out for you

607
00:28:44,520 --> 00:28:45,360
Speaker 1: this morning.

608
00:28:45,120 --> 00:28:48,120
Speaker 4: That give you a real state of the Republican base.

609
00:28:48,320 --> 00:28:51,040
Speaker 1: Let's start with this CBS News poll and these are

610
00:28:51,040 --> 00:28:52,800
Speaker 1: just the top line numbers. This is actually the poll

611
00:28:52,880 --> 00:28:56,480
Speaker 1: that Trump was referencing and his truth about how he's

612
00:28:56,480 --> 00:28:58,239
Speaker 1: not going to participate in any of the debates going

613
00:28:58,240 --> 00:28:59,880
Speaker 1: and put the top line up on the screen. Here

614
00:29:00,040 --> 00:29:02,640
Speaker 1: you can see Trump really running away from it, away

615
00:29:02,640 --> 00:29:05,560
Speaker 1: with it in terms of the CBS News you Gov poll,

616
00:29:06,000 --> 00:29:09,480
Speaker 1: he's at sixty two. Second way down the line is

617
00:29:09,680 --> 00:29:14,040
Speaker 1: Rond de Santis sixteen percent. Next, you've got veg Gramaswami

618
00:29:14,080 --> 00:29:17,240
Speaker 1: at seven, Pence at five, Scott at three, Haley two,

619
00:29:17,360 --> 00:29:21,560
Speaker 1: Christy two, Doug burghm Ie, Asa Hutchinson not eight. Now

620
00:29:21,560 --> 00:29:23,120
Speaker 1: I've had it in my head that his name is Ada.

621
00:29:23,160 --> 00:29:25,480
Speaker 1: It is not Ada, it is Asa at one percent.

622
00:29:26,280 --> 00:29:29,960
Speaker 1: But perhaps even more fascinating were some of the details

623
00:29:30,120 --> 00:29:33,040
Speaker 1: contained within this poll. Put this next piece up on

624
00:29:33,080 --> 00:29:35,520
Speaker 1: the screen. They asked what was actually a very interesting question,

625
00:29:36,200 --> 00:29:40,320
Speaker 1: which of these individuals or institutions do you feel our

626
00:29:40,400 --> 00:29:43,160
Speaker 1: telling you the truth? So feel what they tell you

627
00:29:43,360 --> 00:29:47,600
Speaker 1: is true? Seventy one percent of Trump voters say they

628
00:29:47,640 --> 00:29:51,719
Speaker 1: think that Trump is telling you the truth. Down the

629
00:29:51,760 --> 00:29:55,760
Speaker 1: next highest level, so lower than Trump, sixty three percent

630
00:29:55,960 --> 00:29:59,960
Speaker 1: said friends and family, only fifty six percent said conservative

631
00:30:00,040 --> 00:30:03,880
Speaker 1: media figures. Maybe even the most wild here religious leaders

632
00:30:03,920 --> 00:30:07,520
Speaker 1: only forty two percent. So again, this is among Trump voters,

633
00:30:07,960 --> 00:30:11,600
Speaker 1: the person who they most feel is telling them the truth,

634
00:30:11,960 --> 00:30:15,600
Speaker 1: above friends and family, above like conservative media hosts, Fox

635
00:30:15,640 --> 00:30:20,640
Speaker 1: News whoever, and above their religious leaders. They think that

636
00:30:20,800 --> 00:30:23,320
Speaker 1: Donald Trump is telling them the truth soccer.

637
00:30:23,400 --> 00:30:26,800
Speaker 2: Yeah, there's a line from a book called The Loudist

638
00:30:26,880 --> 00:30:29,760
Speaker 2: Voice in the Room. It's a biography of Roger Ayle's

639
00:30:29,960 --> 00:30:32,640
Speaker 2: and there's a very famous one that I always think

640
00:30:32,640 --> 00:30:35,280
Speaker 2: about in terms of the news business. And Ales apparently

641
00:30:35,400 --> 00:30:39,400
Speaker 2: was they were debating something about being informed informing the audience,

642
00:30:39,680 --> 00:30:41,920
Speaker 2: and Ales looked at everybody. He said, people don't want

643
00:30:41,960 --> 00:30:44,840
Speaker 2: to be informed, they want to feel informed. And I think,

644
00:30:44,960 --> 00:30:48,120
Speaker 2: wowout that every single time that I see stuff like.

645
00:30:48,080 --> 00:30:49,120
Speaker 4: That sounds like Logan Roy.

646
00:30:49,800 --> 00:30:51,320
Speaker 3: Well it was based.

647
00:30:52,240 --> 00:30:55,080
Speaker 2: Reason Sales was in many ways is a much more

648
00:30:55,080 --> 00:30:57,600
Speaker 2: interesting character, I think than Logan roy But you know,

649
00:30:57,680 --> 00:30:59,880
Speaker 2: feeling like what they tell you is true. This is

650
00:30:59,880 --> 00:31:04,200
Speaker 2: the story about the downstream destruction of norms and of

651
00:31:04,240 --> 00:31:06,480
Speaker 2: faith in institutions. And I'm not going to blame their

652
00:31:06,520 --> 00:31:09,520
Speaker 2: voters themselves. I think it is up because of the

653
00:31:09,720 --> 00:31:13,120
Speaker 2: lack of trust in religious leaders and in conservative media figures.

654
00:31:13,280 --> 00:31:14,920
Speaker 2: The fact that they are willing to place so much

655
00:31:14,920 --> 00:31:17,320
Speaker 2: truth in emphasis inside of Trump shows you that they

656
00:31:17,360 --> 00:31:19,400
Speaker 2: have no trust in the mainstream media, no trust in

657
00:31:19,400 --> 00:31:22,200
Speaker 2: their government, even the friends and family number. They're willing

658
00:31:22,240 --> 00:31:26,040
Speaker 2: to put so much of their faith, their interest and

659
00:31:26,040 --> 00:31:28,440
Speaker 2: and look at the truthfulness of what Trump says because

660
00:31:28,480 --> 00:31:32,560
Speaker 2: they literally have such low levels of social trust with

661
00:31:32,600 --> 00:31:35,440
Speaker 2: the people around them and with overall society. Now, there's

662
00:31:35,440 --> 00:31:37,520
Speaker 2: a lot of factors that go into that, but I'm

663
00:31:37,520 --> 00:31:40,000
Speaker 2: not in the blaming people business. I'm you know, in

664
00:31:40,040 --> 00:31:42,400
Speaker 2: the business of being like, how to the hell does

665
00:31:42,400 --> 00:31:45,560
Speaker 2: something like this happen? It's multi generational that we've gotten

666
00:31:45,560 --> 00:31:47,760
Speaker 2: to this point. It's taking you know, economics is a

667
00:31:47,880 --> 00:31:50,400
Speaker 2: huge part of it. Culture has a big part of

668
00:31:50,400 --> 00:31:54,920
Speaker 2: it as well, media, centralization, monopoly, and there's so much

669
00:31:54,960 --> 00:31:57,960
Speaker 2: I think really that goes into this. But this result,

670
00:31:58,120 --> 00:32:00,240
Speaker 2: like this is the central problem of our time.

671
00:32:00,440 --> 00:32:02,040
Speaker 3: Yeah, and you know, I don't think people.

672
00:32:01,840 --> 00:32:04,320
Speaker 2: Democrats necessarily should feel all that much better. If you

673
00:32:04,360 --> 00:32:07,719
Speaker 2: were to flip this around and be like MSNBC Friends

674
00:32:07,720 --> 00:32:10,320
Speaker 2: and Family, then like government Trump or something like that,

675
00:32:10,480 --> 00:32:14,560
Speaker 2: I guarantee you would have similar results. So it's bifurcated

676
00:32:14,640 --> 00:32:17,120
Speaker 2: really in terms of like who you trust, who is

677
00:32:17,160 --> 00:32:19,240
Speaker 2: telling you exactly what you want to hear.

678
00:32:19,320 --> 00:32:21,120
Speaker 3: That's a big problem. Now. Luckily you and I.

679
00:32:21,160 --> 00:32:23,920
Speaker 2: Have found success in not telling people necessarily what they

680
00:32:23,960 --> 00:32:24,400
Speaker 2: want to hear.

681
00:32:24,800 --> 00:32:26,880
Speaker 3: But you know, we're not under any.

682
00:32:26,760 --> 00:32:29,400
Speaker 2: Illusion though that this is like a big, key, massive

683
00:32:29,440 --> 00:32:32,040
Speaker 2: segment of the country. If anything, we are cutting very

684
00:32:32,160 --> 00:32:34,520
Speaker 2: much against the grain. That's great that some people do

685
00:32:35,120 --> 00:32:36,680
Speaker 2: want to feel challenge and all that, but the vast

686
00:32:36,760 --> 00:32:38,880
Speaker 2: majority people don't. The vast majority of people want to

687
00:32:38,880 --> 00:32:41,080
Speaker 2: feel comfortable and they want to hear exactly what they

688
00:32:41,080 --> 00:32:42,600
Speaker 2: think being parroted right back to them.

689
00:32:42,680 --> 00:32:42,840
Speaker 9: Yeah.

690
00:32:42,880 --> 00:32:44,480
Speaker 4: I mean, I think there's two things here.

691
00:32:44,600 --> 00:32:49,760
Speaker 1: I think the factors that are ongoing multi decade that

692
00:32:50,480 --> 00:32:53,840
Speaker 1: you know, justifiably broke a lot of trust and institutions,

693
00:32:54,280 --> 00:32:57,480
Speaker 1: but also have really broken down social cohesion. That's how

694
00:32:57,480 --> 00:33:01,480
Speaker 1: that friends and family number makes sense. Created an opening

695
00:33:01,920 --> 00:33:06,320
Speaker 1: for an individual like Trump who steps in and you know,

696
00:33:06,480 --> 00:33:09,320
Speaker 1: almost overtly says like I am the person who will

697
00:33:09,320 --> 00:33:11,640
Speaker 1: tell you no one don't believe no one else right,

698
00:33:12,200 --> 00:33:15,040
Speaker 1: and makes all of our politics, both on the Republican

699
00:33:15,080 --> 00:33:19,200
Speaker 1: and the Democratic side, and independence really among everybody, makes

700
00:33:19,240 --> 00:33:21,600
Speaker 1: all of our politics about how do you feel about

701
00:33:21,640 --> 00:33:25,480
Speaker 1: this one individual? And you know, if you're a Trump supporter,

702
00:33:26,040 --> 00:33:29,440
Speaker 1: if your friends and family aren't Trump supporters, then you know,

703
00:33:29,640 --> 00:33:31,960
Speaker 1: whatever view of the world they have or whatever quote

704
00:33:32,000 --> 00:33:33,840
Speaker 1: unquote facts they bring to the table, you are very

705
00:33:33,920 --> 00:33:36,840
Speaker 1: likely to distrust he had. I don't think it's an

706
00:33:36,880 --> 00:33:40,200
Speaker 1: accident that at a time when he is overtly at

707
00:33:40,280 --> 00:33:44,080
Speaker 1: war with Fox News, which is the largest obviously conservative

708
00:33:44,120 --> 00:33:48,000
Speaker 1: media outlet, that you would have some fading trust in

709
00:33:48,320 --> 00:33:52,760
Speaker 1: that institution as well, because if they aren't backing up

710
00:33:52,840 --> 00:33:55,920
Speaker 1: what Trump is saying, then they must not be telling

711
00:33:55,960 --> 00:33:57,120
Speaker 1: the quote unquote truth.

712
00:33:58,000 --> 00:33:58,680
Speaker 4: And same thing.

713
00:33:58,680 --> 00:34:00,680
Speaker 1: You know, you've had a lot of religiously ers recently

714
00:34:00,720 --> 00:34:02,720
Speaker 1: have come out against Trump who were trying to move

715
00:34:02,720 --> 00:34:05,480
Speaker 1: people over to DeSantis or Tim Scott or whoever. That

716
00:34:05,520 --> 00:34:07,960
Speaker 1: obviously is not working out either, But it really is

717
00:34:08,000 --> 00:34:12,040
Speaker 1: a byproduct of someone who has whether this was like

718
00:34:12,080 --> 00:34:15,640
Speaker 1: an avert tactical strategy or just you know, the outcome

719
00:34:15,680 --> 00:34:17,959
Speaker 1: of him operating based on his id.

720
00:34:18,360 --> 00:34:22,200
Speaker 4: He has made all of politics just about him, not.

721
00:34:22,400 --> 00:34:26,479
Speaker 1: Policy, not the past, not history, not you know, any

722
00:34:26,520 --> 00:34:29,520
Speaker 1: sort of like logical reasoning or facts, just.

723
00:34:29,560 --> 00:34:31,239
Speaker 4: How do you feel about this individual?

724
00:34:31,680 --> 00:34:35,680
Speaker 1: And so in that light of that context and the

725
00:34:35,760 --> 00:34:39,920
Speaker 1: preparation over many decades to create that sort of opening

726
00:34:39,920 --> 00:34:41,960
Speaker 1: for an individual come in and fill that void, I

727
00:34:41,960 --> 00:34:43,479
Speaker 1: think that's how you make sense of these numbers.

728
00:34:43,520 --> 00:34:44,760
Speaker 4: But yeah, is pretty wild.

729
00:34:44,600 --> 00:34:47,279
Speaker 2: To see absolutely and that's how it manifests in the

730
00:34:47,320 --> 00:34:49,200
Speaker 2: polls like put this one up there that we just

731
00:34:49,239 --> 00:34:52,200
Speaker 2: came out this morning. I mean, how GOP views of

732
00:34:52,239 --> 00:34:55,280
Speaker 2: Biden are helping Trump in the Republican primary. You pointed

733
00:34:55,280 --> 00:34:57,880
Speaker 2: this out crystal from there, which is that one of

734
00:34:57,880 --> 00:35:01,359
Speaker 2: the reasons that they think about electability and they think

735
00:35:01,400 --> 00:35:04,520
Speaker 2: Trump is so electable is they literally don't believe any

736
00:35:04,640 --> 00:35:06,800
Speaker 2: of the polls that say that people don't like Trump,

737
00:35:07,040 --> 00:35:10,080
Speaker 2: and they think Biden is such a bumbling old, you know,

738
00:35:10,160 --> 00:35:14,200
Speaker 2: Alzheimer's laiden fool that anybody could beat him. So to them,

739
00:35:14,239 --> 00:35:18,240
Speaker 2: it's not competitive, and you know, I mean, there's something

740
00:35:18,280 --> 00:35:20,920
Speaker 2: to that. There is also, though, the truth that they

741
00:35:20,960 --> 00:35:22,840
Speaker 2: don't want to hear that a lot of people in

742
00:35:22,880 --> 00:35:25,520
Speaker 2: this country not only don't like Trump, a lot of

743
00:35:25,520 --> 00:35:28,320
Speaker 2: them hate Trump. And if you combine those two together,

744
00:35:28,640 --> 00:35:31,160
Speaker 2: that's a pretty besizable portion of the population at the

745
00:35:31,200 --> 00:35:33,000
Speaker 2: same time. And I will always be the person to

746
00:35:33,000 --> 00:35:35,440
Speaker 2: add that caveat. It doesn't mean that a thousand of

747
00:35:35,440 --> 00:35:37,000
Speaker 2: people aren't going to vote for him. He had a

748
00:35:37,040 --> 00:35:40,399
Speaker 2: thirty percent approval rating in twenty twenty, and he won

749
00:35:40,600 --> 00:35:44,040
Speaker 2: seventy something million votes and came within thirty forty thousand

750
00:35:44,200 --> 00:35:46,560
Speaker 2: of actually winning the presidency. So don't ever count on

751
00:35:46,680 --> 00:35:49,080
Speaker 2: not liking somebody, for that doesn't mean that you can't

752
00:35:49,080 --> 00:35:51,680
Speaker 2: win in our system. It absolutely means that you can win.

753
00:35:51,760 --> 00:35:53,799
Speaker 2: So I always have to add that caveat. But the

754
00:35:53,800 --> 00:35:56,560
Speaker 2: electability piece of it shows you you have to understand

755
00:35:56,560 --> 00:35:58,759
Speaker 2: the mind of who these people are, not even the

756
00:35:58,840 --> 00:36:01,200
Speaker 2: media that they're consuming, because clearly they don't even trust

757
00:36:01,400 --> 00:36:03,680
Speaker 2: you know, their own conservative media figures as much as

758
00:36:03,719 --> 00:36:06,360
Speaker 2: they trust Trump. Trump is the one who is telling

759
00:36:06,360 --> 00:36:08,560
Speaker 2: them Joe Biden is such a fool, anybody could beat him,

760
00:36:08,600 --> 00:36:09,520
Speaker 2: and that's why you should pick me.

761
00:36:09,640 --> 00:36:12,760
Speaker 1: Well, not only that, I mean there's an irony here too,

762
00:36:12,840 --> 00:36:16,640
Speaker 1: because Fox News, led by Ruper Bernock, also obviously really

763
00:36:16,640 --> 00:36:19,680
Speaker 1: wanted to move on from Trump. Yes, but they also

764
00:36:20,520 --> 00:36:24,439
Speaker 1: have been leaning into this, you know, painting Biden as

765
00:36:24,680 --> 00:36:28,480
Speaker 1: so frail and so weak that anyone could beat it, right,

766
00:36:28,600 --> 00:36:31,200
Speaker 1: And you know, as you said, yeah, there is.

767
00:36:31,160 --> 00:36:33,640
Speaker 4: Something too that I'm not saying he's a strong candadate.

768
00:36:33,680 --> 00:36:35,400
Speaker 1: You got a majority of Democrats who were, like, we

769
00:36:35,440 --> 00:36:37,240
Speaker 1: really like to move on from this. Dude, is approval

770
00:36:37,320 --> 00:36:40,320
Speaker 1: rating is underwater, et cetera, et cetera. But they painted

771
00:36:40,320 --> 00:36:43,719
Speaker 1: a picture that was so dire that people feel like, Eh,

772
00:36:43,800 --> 00:36:46,120
Speaker 1: even if Trump is like facing all these indictments and

773
00:36:46,160 --> 00:36:49,600
Speaker 1: potentially facing prison time, we think that literally anyone could

774
00:36:49,640 --> 00:36:53,640
Speaker 1: beat Joe Biden. And so the concerns about electability, which

775
00:36:53,960 --> 00:36:58,400
Speaker 1: did exist in larger numbers right after Republicans kind of

776
00:36:58,400 --> 00:37:02,000
Speaker 1: crashed and burned in the midterms, those have wildly subsided.

777
00:37:02,160 --> 00:37:03,959
Speaker 4: And actually the.

778
00:37:03,880 --> 00:37:06,279
Speaker 1: Majority of Republican voters do think that Trump is the

779
00:37:06,320 --> 00:37:09,640
Speaker 1: most electable candidate anyway. But you've got a bunch of

780
00:37:09,840 --> 00:37:13,240
Speaker 1: quotes that are pretty interesting from Republican voters, I believe

781
00:37:13,280 --> 00:37:13,680
Speaker 1: all of them.

782
00:37:13,680 --> 00:37:14,320
Speaker 4: In Iowa.

783
00:37:14,440 --> 00:37:17,160
Speaker 1: In that New York Times Peace, you have a woman

784
00:37:17,320 --> 00:37:19,800
Speaker 1: who was waiting in line for a photo with Trump

785
00:37:20,000 --> 00:37:22,359
Speaker 1: who said, I mean, I would hope anybody could beat

786
00:37:22,400 --> 00:37:25,839
Speaker 1: Joe Biden. At this point, you got another person who said,

787
00:37:25,880 --> 00:37:28,560
Speaker 1: of Joe Biden, he's a train wreck. He was considering

788
00:37:28,560 --> 00:37:30,759
Speaker 1: whether to vote for Trump or assant is that individual?

789
00:37:31,360 --> 00:37:34,319
Speaker 1: Another person said, what strength as a candidate does he have?

790
00:37:34,440 --> 00:37:38,279
Speaker 1: Any about Joe Biden? Another individual said, it's just one

791
00:37:38,360 --> 00:37:41,879
Speaker 1: gaff after another. So it reminds me a little bit

792
00:37:42,000 --> 00:37:44,920
Speaker 1: of during the Obama era. You know, there was such

793
00:37:44,960 --> 00:37:47,680
Speaker 1: a caricaturish view of Obama that was put for on

794
00:37:47,719 --> 00:37:52,000
Speaker 1: conservative media, that Republican base voters really thought, like, you know,

795
00:37:52,120 --> 00:37:56,480
Speaker 1: a toaster could beat him, and he retained some strength.

796
00:37:56,600 --> 00:37:59,520
Speaker 1: I think he was a much stronger politician than Joe Biden,

797
00:37:59,560 --> 00:38:01,239
Speaker 1: and certainly much more in the prime of his life

798
00:38:01,239 --> 00:38:04,040
Speaker 1: than Joe Biden is now. But you know, they really

799
00:38:04,120 --> 00:38:08,719
Speaker 1: were shocked when he was able to win reelection, and

800
00:38:08,760 --> 00:38:11,080
Speaker 1: there was sort of, you know, total shock and horror

801
00:38:11,320 --> 00:38:14,560
Speaker 1: that night as the voting results were coming in. And

802
00:38:15,000 --> 00:38:17,640
Speaker 1: the caricature is a little more accurate with Joe Biden,

803
00:38:17,640 --> 00:38:20,400
Speaker 1: because he really does have you know, he really is aging,

804
00:38:20,520 --> 00:38:22,000
Speaker 1: he really does have these stumbles.

805
00:38:22,040 --> 00:38:23,920
Speaker 4: He really is weak in a lot of regards. He

806
00:38:23,960 --> 00:38:26,279
Speaker 4: really is that that old, and there are a lot of.

807
00:38:26,280 --> 00:38:28,160
Speaker 1: Justified concerns about whether he could even make it through

808
00:38:28,160 --> 00:38:31,600
Speaker 1: another four year term. But in the same respect, you know,

809
00:38:31,760 --> 00:38:34,279
Speaker 1: you shouldn't fool yourself about how difficult it is to

810
00:38:34,280 --> 00:38:38,920
Speaker 1: be any incumbent president and how you know, he has

811
00:38:39,080 --> 00:38:41,640
Speaker 1: some strengths as a political candidate. Otherwise he would never

812
00:38:41,680 --> 00:38:43,640
Speaker 1: have made it to be president of the United States

813
00:38:43,680 --> 00:38:46,400
Speaker 1: in the first place. I mean, he has already beaten

814
00:38:46,440 --> 00:38:49,120
Speaker 1: Donald Trump one time, so people should keep that in mind.

815
00:38:49,200 --> 00:38:51,120
Speaker 3: Yep, you're absolutely right, Crystal, all right.

816
00:38:51,160 --> 00:38:54,279
Speaker 1: In the same At the same time, we've got some

817
00:38:54,320 --> 00:38:58,000
Speaker 1: comments from Ron DeSantis that have gotten a lot of attention.

818
00:38:58,880 --> 00:39:01,239
Speaker 1: The Trump side is painting this as sort of like

819
00:39:01,280 --> 00:39:05,600
Speaker 1: his Hillary Clinton deplorables moment. The Dessanta side is saying

820
00:39:05,600 --> 00:39:09,000
Speaker 1: that his comments were taken out of context. So we

821
00:39:09,040 --> 00:39:11,640
Speaker 1: want to play for you his comments more or less

822
00:39:11,680 --> 00:39:13,760
Speaker 1: in full. There's no cuts, I mean in the middle,

823
00:39:14,280 --> 00:39:16,600
Speaker 1: so you can get a sense of exactly what he

824
00:39:16,800 --> 00:39:19,279
Speaker 1: was saying in this piece, and then we'll talk about

825
00:39:19,280 --> 00:39:19,839
Speaker 1: it on the other side.

826
00:39:19,880 --> 00:39:20,320
Speaker 4: Take listen.

827
00:39:20,440 --> 00:39:22,759
Speaker 10: Yet, I think that we have a strand in our

828
00:39:22,760 --> 00:39:27,960
Speaker 10: in our party that views supporting Trump as whether you

829
00:39:28,280 --> 00:39:31,880
Speaker 10: are a rhino or not. And so you could be

830
00:39:31,920 --> 00:39:35,920
Speaker 10: the most conservative person since sliced bread, unless you're kissing

831
00:39:35,960 --> 00:39:38,640
Speaker 10: his rear end they will somehow call you a rhino.

832
00:39:38,719 --> 00:39:42,160
Speaker 10: So it's been totally detached from principle in what you

833
00:39:42,239 --> 00:39:45,880
Speaker 10: actually believe and results, and it's more about you know,

834
00:39:45,960 --> 00:39:48,080
Speaker 10: just what faction you happen to do. So there'll be

835
00:39:48,120 --> 00:39:52,040
Speaker 10: people who are huge Trump supporters, like in Congress, who

836
00:39:52,120 --> 00:39:55,520
Speaker 10: have like incredibly liberal left wing records that that's really

837
00:39:55,560 --> 00:39:59,080
Speaker 10: just atrocious, and yet they're viewed as by some of

838
00:39:59,120 --> 00:40:01,640
Speaker 10: these folks as like as like really really good. Then

839
00:40:01,680 --> 00:40:03,919
Speaker 10: you have other people, you know, like a Congressman Chip

840
00:40:04,000 --> 00:40:08,080
Speaker 10: Roy who's endorsed me, Congressman Thomas Massey. These guys have

841
00:40:08,200 --> 00:40:12,360
Speaker 10: records of principle fighting the swamp that are second to none,

842
00:40:12,640 --> 00:40:14,640
Speaker 10: and yet they will be attacked by some of these

843
00:40:14,640 --> 00:40:19,320
Speaker 10: people and called rhinos. So it's just been totally detached

844
00:40:19,360 --> 00:40:23,000
Speaker 10: from any type of substance. And ultimately, a movement can't

845
00:40:23,000 --> 00:40:26,920
Speaker 10: be about the personality of one individual. The movement has

846
00:40:26,960 --> 00:40:29,360
Speaker 10: got to be about what are you trying to achieve

847
00:40:29,520 --> 00:40:32,239
Speaker 10: on behalf of the American people, And that's got to

848
00:40:32,280 --> 00:40:35,839
Speaker 10: be based in principle, because if you're not rooted in principle,

849
00:40:36,480 --> 00:40:39,160
Speaker 10: if all we are is listless vessels that's just supposed

850
00:40:39,160 --> 00:40:41,680
Speaker 10: to follow, you know, whatever happens to come down the

851
00:40:41,719 --> 00:40:44,640
Speaker 10: pike on truth social every morning, that that's not going

852
00:40:44,719 --> 00:40:45,800
Speaker 10: to be a durable movement.

853
00:40:45,840 --> 00:40:48,240
Speaker 1: All right, So let me get you the Trump campaign response,

854
00:40:48,280 --> 00:40:51,239
Speaker 1: and then Sarum particularly interested in your reaction to those

855
00:40:51,280 --> 00:40:55,120
Speaker 1: comments that have been construed as him referring to Trump

856
00:40:55,200 --> 00:40:58,440
Speaker 1: supporters as listless vessels. I personally think the context makes

857
00:40:58,440 --> 00:41:00,920
Speaker 1: it a little unclear, So please referring anyway. Put the

858
00:41:00,960 --> 00:41:04,120
Speaker 1: Trump campaign response up on the screen. They say, Ron

859
00:41:04,160 --> 00:41:07,520
Speaker 1: de Santis must immediately apologize. Hillary Clinton Trump supporters are

860
00:41:07,520 --> 00:41:10,239
Speaker 1: deplorable to Rhonda Santis. They are listless vessels. The truth

861
00:41:10,320 --> 00:41:13,239
Speaker 1: is Trump supporters are patriots. Ronda Santis is showing his

862
00:41:13,320 --> 00:41:16,560
Speaker 1: true colors. Pressure pulling in third place is getting to DeSantis,

863
00:41:16,560 --> 00:41:18,160
Speaker 1: and now he's lashing out of the very same voters

864
00:41:18,160 --> 00:41:22,120
Speaker 1: who got him elected. Governor DeSantis must immediately apologize for

865
00:41:22,360 --> 00:41:26,600
Speaker 1: his disgraceful insult. This is per a spokeswoman for Make

866
00:41:26,680 --> 00:41:27,880
Speaker 1: America Great Again.

867
00:41:28,120 --> 00:41:28,319
Speaker 3: Ink.

868
00:41:28,520 --> 00:41:30,280
Speaker 4: So what did you think of Santa's comments?

869
00:41:30,320 --> 00:41:31,279
Speaker 3: I thought he was totally right.

870
00:41:31,320 --> 00:41:33,160
Speaker 2: I don't think there's anything wrong about what he said

871
00:41:33,440 --> 00:41:35,360
Speaker 2: in terms of winning, though you probably shouldn't say that.

872
00:41:35,360 --> 00:41:38,640
Speaker 2: So it's one of those where analytically he's obviously right.

873
00:41:38,719 --> 00:41:42,279
Speaker 2: And I think it's probably a frustration born of you

874
00:41:42,360 --> 00:41:45,680
Speaker 2: are running the camp on paper, You're tecking all the

875
00:41:45,800 --> 00:41:47,840
Speaker 2: you're ticking all the boxes.

876
00:41:47,680 --> 00:41:48,880
Speaker 3: That these people say they want there.

877
00:41:49,000 --> 00:41:50,920
Speaker 2: We want to challenge corporate power, we want this, we

878
00:41:50,960 --> 00:41:52,400
Speaker 2: want that we want to use the power of the

879
00:41:52,520 --> 00:41:55,080
Speaker 2: day to enforce our ends. We want somebody who can win,

880
00:41:55,160 --> 00:41:57,480
Speaker 2: you know, somebody who's not in world and hunt. But

881
00:41:58,360 --> 00:41:59,920
Speaker 2: the truth is you don't actually want any of that.

882
00:42:00,000 --> 00:42:02,800
Speaker 2: And I think he's calling them out for basically lying

883
00:42:02,800 --> 00:42:05,320
Speaker 2: about what they want. And I think it's true. I mean, look,

884
00:42:05,360 --> 00:42:06,920
Speaker 2: if the vast majority of the people who are like, oh,

885
00:42:07,000 --> 00:42:09,759
Speaker 2: I sport Trump because of his policies, I'm like, yeah,

886
00:42:09,920 --> 00:42:12,120
Speaker 2: maybe if you're a small business owner. The rest of you,

887
00:42:12,200 --> 00:42:14,000
Speaker 2: it's like, you just love that he pisses off the

888
00:42:14,040 --> 00:42:16,439
Speaker 2: people that you hate. You can claim otherwise that's fine,

889
00:42:16,520 --> 00:42:18,920
Speaker 2: it's your prerogative. But you know, based on everything that

890
00:42:18,960 --> 00:42:21,960
Speaker 2: we've seen, if you really do care about quote unquote policy,

891
00:42:22,160 --> 00:42:25,680
Speaker 2: it's pretty clear you would pick DeSantis. But nobody votes

892
00:42:25,719 --> 00:42:28,040
Speaker 2: like that. It's like the Elizabeth Warren campaign back in

893
00:42:28,080 --> 00:42:28,560
Speaker 2: twenty twenty.

894
00:42:28,560 --> 00:42:30,360
Speaker 3: She's like, I'm the one who's got a plan for that.

895
00:42:30,440 --> 00:42:32,560
Speaker 2: He's like, yeah, just not really what people care about.

896
00:42:32,560 --> 00:42:34,560
Speaker 2: It's about do I feel as if you're actually talking

897
00:42:34,719 --> 00:42:36,920
Speaker 2: to my concerns. Trump is a master of that. He's

898
00:42:36,960 --> 00:42:39,160
Speaker 2: the master of you know, the Roger Ailes quote I

899
00:42:39,200 --> 00:42:42,080
Speaker 2: talked about previously about making people feel informed, making people

900
00:42:42,160 --> 00:42:44,799
Speaker 2: feel heard. That's all that actually matters. I think, Yeah,

901
00:42:44,800 --> 00:42:47,239
Speaker 2: a lot of politics, So it's not wrong. I mean,

902
00:42:47,360 --> 00:42:49,239
Speaker 2: and I've always I've said this now for years. You

903
00:42:49,239 --> 00:42:51,720
Speaker 2: can go and watch old monologues. I'm like, all MAGA

904
00:42:51,800 --> 00:42:54,200
Speaker 2: means is Trump and that's it, and he's the one.

905
00:42:54,400 --> 00:42:57,280
Speaker 2: And by the way, who are we to say otherwise

906
00:42:57,560 --> 00:43:00,360
Speaker 2: it's not us. He invented it, and these people continue

907
00:43:00,360 --> 00:43:02,319
Speaker 2: to vote for him. Who am I to be like, No,

908
00:43:02,440 --> 00:43:04,600
Speaker 2: that's not actually what America for. I see people will

909
00:43:04,600 --> 00:43:06,319
Speaker 2: talk about this all the time. That's not the real

910
00:43:06,640 --> 00:43:09,000
Speaker 2: America first policy. I'm like, yeah, you know what, though,

911
00:43:09,080 --> 00:43:11,440
Speaker 2: like he invented it, he gets to define it. The

912
00:43:11,480 --> 00:43:14,000
Speaker 2: rest of us get to decide whether we agree or not,

913
00:43:14,200 --> 00:43:18,680
Speaker 2: you know, in something. And ideological consistency is literally long

914
00:43:18,880 --> 00:43:21,520
Speaker 2: not been any part of the Trump brand. That's how Yeah,

915
00:43:21,600 --> 00:43:24,040
Speaker 2: Jim Jordan, who is pro Trump, and you a guy

916
00:43:24,080 --> 00:43:26,880
Speaker 2: like Mac Gates's pro Trump. They don't agree on almost anything,

917
00:43:26,960 --> 00:43:28,840
Speaker 2: you know, but they agree on one thing, which is

918
00:43:28,840 --> 00:43:30,440
Speaker 2: Trump is the leader, and that's all you actually have

919
00:43:30,440 --> 00:43:30,960
Speaker 2: to do agree on.

920
00:43:31,040 --> 00:43:34,320
Speaker 1: Yeah, I mean, Trump very successfully made the Republican Party

921
00:43:34,400 --> 00:43:37,440
Speaker 1: all about where do you stand via vi Donald Trump.

922
00:43:37,600 --> 00:43:38,000
Speaker 4: That's it.

923
00:43:38,320 --> 00:43:40,879
Speaker 1: And that's why at the beginning of this primary, when

924
00:43:40,880 --> 00:43:43,600
Speaker 1: there was a lot of Rondosanta's hype, I was highly

925
00:43:43,640 --> 00:43:46,799
Speaker 1: skeptical that even when he was pulling well and you

926
00:43:46,920 --> 00:43:49,360
Speaker 1: just had these great election returns of Floria, et cetera,

927
00:43:49,680 --> 00:43:51,360
Speaker 1: that this was going to work out for him, because

928
00:43:51,360 --> 00:43:53,120
Speaker 1: the whole Republican Party is just about how do you

929
00:43:53,160 --> 00:43:56,520
Speaker 1: feel about Donald Trump? All of his high minded, you know,

930
00:43:56,560 --> 00:43:58,680
Speaker 1: in his mind ideas about how I'm going to put

931
00:43:58,719 --> 00:44:01,479
Speaker 1: forward this policy agenda and people are going to see the.

932
00:44:01,400 --> 00:44:02,799
Speaker 4: Results of what I'm doing here, etc.

933
00:44:03,520 --> 00:44:06,080
Speaker 1: No, the Republican Party is about how do you feel

934
00:44:06,080 --> 00:44:10,640
Speaker 1: about Donald Trump? And so until you break that hold

935
00:44:10,719 --> 00:44:13,560
Speaker 1: that he has, it's just not going to work out.

936
00:44:13,840 --> 00:44:17,920
Speaker 1: And so it's no, it is not a surprise that

937
00:44:18,000 --> 00:44:20,600
Speaker 1: the person who has the most online energy and is

938
00:44:20,719 --> 00:44:23,920
Speaker 1: you know, kind of rising up to be potentially second

939
00:44:24,640 --> 00:44:27,799
Speaker 1: to Donald Trump is the guy who is hugging him

940
00:44:27,800 --> 00:44:29,040
Speaker 1: in a lot of ways, the most close to which

941
00:44:29,080 --> 00:44:32,480
Speaker 1: is Vivike Ramaswami. He isn't trying to beat Trump. I mean,

942
00:44:32,480 --> 00:44:34,560
Speaker 1: that's the reality. Vivike is not trying to beat Trump.

943
00:44:34,680 --> 00:44:37,919
Speaker 1: He's trying to be the second place candidate who if

944
00:44:38,040 --> 00:44:41,200
Speaker 1: something happens unforeseen to Trump, he'll be there next in line,

945
00:44:41,440 --> 00:44:43,560
Speaker 1: or might be in a Trump cabinet or whatever.

946
00:44:43,800 --> 00:44:44,480
Speaker 3: He's not really.

947
00:44:44,360 --> 00:44:47,640
Speaker 1: Running to win because there is no ability to directly

948
00:44:47,680 --> 00:44:50,000
Speaker 1: displace Donald Trump. And that's what we're run de Santis

949
00:44:50,000 --> 00:44:53,000
Speaker 1: here is found out now. I think his analysis is

950
00:44:53,080 --> 00:44:57,520
Speaker 1: completely accurate. That you know, it's just the definition of

951
00:44:57,560 --> 00:44:59,880
Speaker 1: a rhino is just basically whatever Donald Trump says it

952
00:44:59,920 --> 00:45:02,360
Speaker 1: is and how reloyal you are to him or not.

953
00:45:02,600 --> 00:45:06,000
Speaker 1: That's the whole of the entire entire thing. But I

954
00:45:06,000 --> 00:45:09,440
Speaker 1: also want to say, you know, Ron DeSantis was happy

955
00:45:09,480 --> 00:45:13,680
Speaker 1: to rise based on exactly that dynamic when it served

956
00:45:13,719 --> 00:45:17,320
Speaker 1: his political interests when he was initially running for governor.

957
00:45:17,400 --> 00:45:19,759
Speaker 1: I mean Trump, you know, very dramatically tells the story

958
00:45:19,760 --> 00:45:21,279
Speaker 1: about how it came to him with tears in his

959
00:45:21,320 --> 00:45:23,440
Speaker 1: eyes to beg for his endorsement. That part of his

960
00:45:23,560 --> 00:45:27,280
Speaker 1: not accurate, but he was very heavily dependent on Trump's endorsement,

961
00:45:27,320 --> 00:45:28,839
Speaker 1: did what he needed to do to try to get

962
00:45:28,840 --> 00:45:31,600
Speaker 1: Trump's endorsement in the Republican primary that enables him to

963
00:45:31,640 --> 00:45:32,480
Speaker 1: win that victory.

964
00:45:33,080 --> 00:45:34,120
Speaker 4: He ran all.

965
00:45:33,960 --> 00:45:37,040
Speaker 1: Of these just like shamelessly sycophantic ads, the one where

966
00:45:37,040 --> 00:45:38,840
Speaker 1: his kid was building the wall.

967
00:45:38,600 --> 00:45:39,080
Speaker 3: Et cetera.

968
00:45:39,520 --> 00:45:43,080
Speaker 4: So he was very happy to use this exact.

969
00:45:42,640 --> 00:45:46,400
Speaker 1: Political dynamic that he's now decrying for his own benefit

970
00:45:46,920 --> 00:45:49,640
Speaker 1: until it didn't work out for him any longer. So

971
00:45:49,800 --> 00:45:51,920
Speaker 1: it's hard for me to shed a tear about, you know,

972
00:45:52,040 --> 00:45:55,880
Speaker 1: him being sort of flayed now for accurately diagnosing the

973
00:45:55,920 --> 00:45:58,319
Speaker 1: state of the Republican Party. And by the way, I

974
00:45:58,360 --> 00:46:00,279
Speaker 1: do think it's fair to say here that he was

975
00:46:00,320 --> 00:46:03,680
Speaker 1: referring to Trump supporters as listless vessels. Like, I don't

976
00:46:03,680 --> 00:46:05,960
Speaker 1: think that that was taken out of context. It's a

977
00:46:05,960 --> 00:46:09,239
Speaker 1: little bit unclear whether you know, he could technically argue like, oh, no,

978
00:46:09,280 --> 00:46:12,120
Speaker 1: I was just talking specifically about elected leaders. Yeah, but

979
00:46:12,280 --> 00:46:15,319
Speaker 1: it's it's put out there pretty broadly, And I think

980
00:46:15,360 --> 00:46:18,520
Speaker 1: it is fair to say that he was characterizing basically

981
00:46:18,560 --> 00:46:22,480
Speaker 1: everyone who would just follow Trump regardless and no matter what,

982
00:46:22,760 --> 00:46:24,400
Speaker 1: as kind of listless vessels.

983
00:46:24,600 --> 00:46:26,360
Speaker 2: Yeah, And I, like I said, I don't think he

984
00:46:26,400 --> 00:46:29,719
Speaker 2: should have said it politically, but analytically he's right. He's

985
00:46:29,800 --> 00:46:33,120
Speaker 2: obviously right, and anybody who is not like wholly up

986
00:46:33,200 --> 00:46:36,560
Speaker 2: the behind. I guess to say kindly of a single

987
00:46:36,600 --> 00:46:40,000
Speaker 2: politician knows that he's right or is interacted, which said, people,

988
00:46:40,040 --> 00:46:42,440
Speaker 2: but you know that's telling the truth. Isn't always a

989
00:46:42,440 --> 00:46:45,040
Speaker 2: good isn't always the best strategy here. So we have

990
00:46:45,080 --> 00:46:47,400
Speaker 2: some clips also that we wanted to remind people of,

991
00:46:47,520 --> 00:46:50,000
Speaker 2: I guess just for fun about some of these past moments,

992
00:46:50,040 --> 00:46:53,040
Speaker 2: because these things do matter. Hillary, of course talking about

993
00:46:53,040 --> 00:46:55,200
Speaker 2: deplorable voters, here's what she said at the time.

994
00:46:55,440 --> 00:46:58,560
Speaker 11: You could put half of Trump's supporters into what I

995
00:46:58,600 --> 00:47:13,719
Speaker 11: call the basket of deplorable right, the races, sex, is homophobic, xenophobic, islamophobic,

996
00:47:13,920 --> 00:47:14,440
Speaker 11: you name.

997
00:47:14,360 --> 00:47:19,680
Speaker 3: It hurts even today. Yeah, I hate her voice who but.

998
00:47:19,760 --> 00:47:23,080
Speaker 2: Second in terms of how politically stupid it was to

999
00:47:23,120 --> 00:47:25,480
Speaker 2: make that comment. And it also reminded us, Crystal of

1000
00:47:25,520 --> 00:47:29,360
Speaker 2: the forty seven percent comment that meant Romney made this

1001
00:47:29,760 --> 00:47:30,879
Speaker 2: is the all time hit.

1002
00:47:31,080 --> 00:47:31,640
Speaker 3: Let's take it.

1003
00:47:31,800 --> 00:47:32,680
Speaker 5: There are forty.

1004
00:47:32,440 --> 00:47:34,080
Speaker 2: Seven percent of the people who will vote for the

1005
00:47:34,080 --> 00:47:35,040
Speaker 2: president of a lot of wealth.

1006
00:47:35,840 --> 00:47:38,239
Speaker 5: All right, They're forty percent were with him. Who are

1007
00:47:38,520 --> 00:47:41,640
Speaker 5: the pentathlon government? Who believe that that they're victims, who

1008
00:47:41,640 --> 00:47:44,279
Speaker 5: believe the government has the responsibility.

1009
00:47:43,480 --> 00:47:45,400
Speaker 2: To care for them, who believe that they're.

1010
00:47:45,320 --> 00:47:48,520
Speaker 3: Entitled to healthcare, to food, to housing.

1011
00:47:48,800 --> 00:47:51,200
Speaker 5: Do you think that that's it's an entitlement and the

1012
00:47:51,400 --> 00:47:53,879
Speaker 5: government should give it to them and they will vote

1013
00:47:53,920 --> 00:47:54,879
Speaker 5: for this president.

1014
00:47:54,600 --> 00:47:55,000
Speaker 7: No matter what.

1015
00:47:56,160 --> 00:47:58,080
Speaker 2: I would still that that actually hurts the most just

1016
00:47:58,080 --> 00:48:00,319
Speaker 2: because it's so brutal, like it's such an out of

1017
00:48:00,320 --> 00:48:02,719
Speaker 2: touch at least statements said at the exact moment that

1018
00:48:02,760 --> 00:48:05,759
Speaker 2: some rich guys sip and wine and a private fundraiser. Yeah,

1019
00:48:05,760 --> 00:48:08,040
Speaker 2: you've got a waiter who hated the guy who was

1020
00:48:08,080 --> 00:48:11,959
Speaker 2: recording it. So is this DeSantis's uh, deplorable's moment forty

1021
00:48:11,960 --> 00:48:14,279
Speaker 2: seven percent moment? I don't think so, just because he's

1022
00:48:14,320 --> 00:48:16,359
Speaker 2: not he's not riding high enough for it to matter.

1023
00:48:16,400 --> 00:48:18,760
Speaker 3: He's already dropping regardless of the comment.

1024
00:48:18,840 --> 00:48:20,680
Speaker 4: You know, yeah, that is kind of true.

1025
00:48:20,880 --> 00:48:24,520
Speaker 1: I mean, you know, DeSantis's team is trying to clean

1026
00:48:24,560 --> 00:48:26,320
Speaker 1: it up. So it was taken out in context whatever

1027
00:48:26,400 --> 00:48:28,480
Speaker 1: I mean. Hillary said the same thing, like, oh well,

1028
00:48:28,480 --> 00:48:30,040
Speaker 1: listen to the other part of the sentence where I

1029
00:48:30,080 --> 00:48:32,680
Speaker 1: said the other people are you know, just having trouble

1030
00:48:32,760 --> 00:48:35,439
Speaker 1: economically and they feel left behind or whatever exactly she said,

1031
00:48:35,800 --> 00:48:39,400
Speaker 1: I think of Obama's like clinging to their guns comment

1032
00:48:39,480 --> 00:48:41,799
Speaker 1: as well. Same thing they tried to close is taken

1033
00:48:41,840 --> 00:48:44,239
Speaker 1: on a context. Hillary made another comment about like we're

1034
00:48:44,239 --> 00:48:46,600
Speaker 1: going to put a lot of coal miners out of work. That,

1035
00:48:47,160 --> 00:48:49,719
Speaker 1: by the way, in West Virginia, guy was way worse.

1036
00:48:49,840 --> 00:48:53,400
Speaker 1: Every single person in the state knew about that quote

1037
00:48:53,840 --> 00:48:57,200
Speaker 1: should which signaled not only like the reality of like, no,

1038
00:48:57,280 --> 00:48:59,560
Speaker 1: we're coming for your jobs in your economy, but also

1039
00:49:00,040 --> 00:49:02,480
Speaker 1: a level of contempt. She's similarly to oh, I was

1040
00:49:02,520 --> 00:49:04,400
Speaker 1: taken out of context if you listen to the whole thing,

1041
00:49:04,400 --> 00:49:07,239
Speaker 1: et cetera. But I agree with you, I don't think

1042
00:49:07,239 --> 00:49:11,120
Speaker 1: that this is as poignant as either of those any

1043
00:49:11,160 --> 00:49:12,960
Speaker 1: of those examples.

1044
00:49:12,360 --> 00:49:15,360
Speaker 4: Particularly are listless vessels.

1045
00:49:15,520 --> 00:49:18,959
Speaker 1: Is just not quite as punchy as a basket of deplorables,

1046
00:49:19,040 --> 00:49:23,640
Speaker 1: as one example. But to me, with DeSantis, it shows

1047
00:49:23,640 --> 00:49:28,319
Speaker 1: a little bit of recognition of reality, perhaps a little

1048
00:49:28,320 --> 00:49:32,800
Speaker 1: bit of frustration, a little bit of desperation that he would,

1049
00:49:32,920 --> 00:49:35,480
Speaker 1: you know, that he would allow himself to say what

1050
00:49:35,560 --> 00:49:38,240
Speaker 1: is clearly a very accurate analysis here, and it's certainly

1051
00:49:38,239 --> 00:49:40,320
Speaker 1: not going to help him out with the Trump voters

1052
00:49:40,360 --> 00:49:41,200
Speaker 1: that he's trying to win over.

1053
00:49:41,320 --> 00:49:47,600
Speaker 2: I agree, let's talk about Hunter Biden. This is just

1054
00:49:48,120 --> 00:49:50,200
Speaker 2: this is one of the most perfect clips that we've

1055
00:49:50,200 --> 00:49:54,880
Speaker 2: ever seen. So MSNBC's Joe Scarborough has on Hunter Biden's lawyer.

1056
00:49:55,120 --> 00:49:58,040
Speaker 2: I'll be loyal to flack for him, and Joe, I

1057
00:49:58,080 --> 00:50:00,200
Speaker 2: guess because he has to cave to the pressure now

1058
00:50:00,560 --> 00:50:03,080
Speaker 2: is like okay, So what was going on with all

1059
00:50:03,160 --> 00:50:07,240
Speaker 2: his foreign money flowing into Hunter's pockets? And the lawyer

1060
00:50:07,440 --> 00:50:12,239
Speaker 2: is very quick to defend his clients, his well known skills,

1061
00:50:12,320 --> 00:50:14,839
Speaker 2: his well known intellect as a businessman.

1062
00:50:15,160 --> 00:50:16,160
Speaker 3: Let's take a lessen.

1063
00:50:16,160 --> 00:50:20,080
Speaker 5: Or asking what did Hunter Biden think he was getting

1064
00:50:20,080 --> 00:50:24,880
Speaker 5: that seven million dollars for? Why would he be getting

1065
00:50:24,920 --> 00:50:26,200
Speaker 5: paid so much money?

1066
00:50:26,719 --> 00:50:29,719
Speaker 6: All right, well, stop with your seven million dollars and

1067
00:50:29,760 --> 00:50:32,920
Speaker 6: talk about how many years that Hunter has been in

1068
00:50:32,960 --> 00:50:36,000
Speaker 6: business and what happened to each of those specific years.

1069
00:50:36,000 --> 00:50:38,000
Speaker 6: When you say it that way, people think that somebody

1070
00:50:38,040 --> 00:50:39,720
Speaker 6: just sent him a check for seven million dollars.

1071
00:50:39,840 --> 00:50:43,000
Speaker 5: So Washington Post reported it was seven million dollars. What's

1072
00:50:43,000 --> 00:50:45,759
Speaker 5: the seven million dollars over? And how many countries did

1073
00:50:45,760 --> 00:50:47,400
Speaker 5: it come from? Well?

1074
00:50:47,480 --> 00:50:50,040
Speaker 6: Okay, so first of all, it's much more complicated than

1075
00:50:50,040 --> 00:50:52,720
Speaker 6: to say it comes from countries. There are joint ventures

1076
00:50:52,760 --> 00:50:56,120
Speaker 6: between American entities and in one or two occasions a

1077
00:50:56,160 --> 00:51:00,040
Speaker 6: potential foreign entity to create the possibility of jobs and

1078
00:51:00,239 --> 00:51:03,520
Speaker 6: energy in the United States. That's too complicated to try

1079
00:51:03,560 --> 00:51:05,960
Speaker 6: to explain. But I can answer the question that you

1080
00:51:06,040 --> 00:51:08,920
Speaker 6: asked in the following way over the time that he

1081
00:51:09,080 --> 00:51:11,839
Speaker 6: was in business. This is again something that people are

1082
00:51:11,880 --> 00:51:15,160
Speaker 6: to pay attention to. Hunter Biden went to Georgetown University,

1083
00:51:15,200 --> 00:51:17,239
Speaker 6: went to Yale Law School, was on the board of

1084
00:51:17,320 --> 00:51:20,160
Speaker 6: directors of a bank, was on the board of directors

1085
00:51:20,200 --> 00:51:23,319
Speaker 6: of Amtrak. Is somebody who went and worked in an

1086
00:51:23,320 --> 00:51:24,479
Speaker 6: international law firm.

1087
00:51:24,520 --> 00:51:26,080
Speaker 3: People seem to forget that.

1088
00:51:26,200 --> 00:51:29,000
Speaker 6: This is not the person who's simply out there having

1089
00:51:29,080 --> 00:51:32,440
Speaker 6: people write checks for no reason. He's a capable, educated,

1090
00:51:32,640 --> 00:51:36,959
Speaker 6: experienced person. Now, if Congress wants to start saying, wait,

1091
00:51:37,040 --> 00:51:39,520
Speaker 6: does he get opportunities because his last name is Biden,

1092
00:51:39,760 --> 00:51:42,680
Speaker 6: they should look to themselves. I mean Senator Joe Manchin's

1093
00:51:42,680 --> 00:51:45,040
Speaker 6: wife is on a commission in West Virginia where Congress

1094
00:51:45,040 --> 00:51:47,040
Speaker 6: had provided an enormous amount of funds.

1095
00:51:47,200 --> 00:51:49,840
Speaker 2: Well, there's a lot going on there is not wrong,

1096
00:51:49,920 --> 00:51:52,359
Speaker 2: but there's a lot of art is kind of accurate.

1097
00:51:52,200 --> 00:51:52,520
Speaker 3: Not wrong.

1098
00:51:52,520 --> 00:51:54,920
Speaker 2: There's a lot of other corruption doesn't necessarily just my

1099
00:51:55,040 --> 00:51:57,440
Speaker 2: personal favorite is they basically refer to him as a

1100
00:51:57,520 --> 00:51:59,680
Speaker 2: job creator. You see, Hunter was creating a lot of

1101
00:51:59,719 --> 00:52:03,719
Speaker 2: jobs for hookers here in the US and across and

1102
00:52:03,800 --> 00:52:06,359
Speaker 2: drug dealers. You know, we got to think about if

1103
00:52:06,400 --> 00:52:11,239
Speaker 2: this is outrageous. You know all this his qualifications that

1104
00:52:11,280 --> 00:52:14,160
Speaker 2: he listed were all ones that also came as a

1105
00:52:14,200 --> 00:52:15,640
Speaker 2: result of his corruption.

1106
00:52:16,040 --> 00:52:17,720
Speaker 3: He's always served on the board of Amtrak.

1107
00:52:17,800 --> 00:52:19,240
Speaker 2: You know why I started on the board of amtract

1108
00:52:19,280 --> 00:52:20,840
Speaker 2: because Biden was obsessed with Amtrak.

1109
00:52:21,120 --> 00:52:23,560
Speaker 3: His qualification was, quote, he wrote.

1110
00:52:23,360 --> 00:52:24,760
Speaker 4: The trains a lot.

1111
00:52:24,880 --> 00:52:25,680
Speaker 3: Everyone thinks I'm.

1112
00:52:25,600 --> 00:52:28,480
Speaker 2: Kidding whenever I say that, if it's an official statement

1113
00:52:28,520 --> 00:52:31,680
Speaker 2: that he made whenever he applied for the job, And

1114
00:52:31,920 --> 00:52:34,719
Speaker 2: it would all be funny if it wasn't one of

1115
00:52:34,719 --> 00:52:38,920
Speaker 2: the most brazen like elements of someone getting away with

1116
00:52:38,960 --> 00:52:43,319
Speaker 2: it clearly by becoming filthy rich, exploiting his position. And

1117
00:52:43,400 --> 00:52:46,080
Speaker 2: now because his dad is the president, getting special treatment,

1118
00:52:46,360 --> 00:52:47,640
Speaker 2: and we're seeing that clear as day.

1119
00:52:47,680 --> 00:52:49,400
Speaker 3: Let's put this up there on the screen.

1120
00:52:49,480 --> 00:52:53,879
Speaker 2: This is a fascinating inside look where in talks with prosecutors,

1121
00:52:54,239 --> 00:52:57,959
Speaker 2: while Hunter was negotiating his sweetheart deal with the current

1122
00:52:58,000 --> 00:53:02,759
Speaker 2: special counsel, he actually hit lawyers, made a threat and

1123
00:53:02,800 --> 00:53:05,280
Speaker 2: I don't think there's any way to read it otherwise

1124
00:53:05,520 --> 00:53:08,600
Speaker 2: that President Biden would now have to be a fact

1125
00:53:08,640 --> 00:53:13,640
Speaker 2: to witness crystal for the defense at trial. The Department

1126
00:53:13,680 --> 00:53:16,680
Speaker 2: of Justice argued that by threatening to put the president

1127
00:53:16,760 --> 00:53:20,920
Speaker 2: on the stand his own father, he would start a constitutional.

1128
00:53:20,200 --> 00:53:24,560
Speaker 3: Crisis around whether the president can about immunity.

1129
00:53:24,760 --> 00:53:27,400
Speaker 2: But it is clear that Hunter was actually weaponizing his

1130
00:53:27,560 --> 00:53:31,279
Speaker 2: role as the first son to basically blackmails and try

1131
00:53:31,320 --> 00:53:34,560
Speaker 2: to get the DOJ to give him that sweetheart pardon deal.

1132
00:53:34,800 --> 00:53:37,240
Speaker 2: There's also some more elements that were beginning to learn

1133
00:53:37,640 --> 00:53:41,880
Speaker 2: about how exactly said sweetheart deal began to collapse, and

1134
00:53:41,920 --> 00:53:44,560
Speaker 2: it's becoming quite clear if we can go ahead and

1135
00:53:44,560 --> 00:53:47,319
Speaker 2: put D three please up on the screen. This is

1136
00:53:47,320 --> 00:53:50,960
Speaker 2: an inside report from the New York Times where they

1137
00:53:51,000 --> 00:53:54,640
Speaker 2: are talking about how Hunter Biden's legal team is now

1138
00:53:54,840 --> 00:53:58,040
Speaker 2: arguing and with some apparently sympathetic ears in the Department

1139
00:53:58,080 --> 00:54:03,239
Speaker 2: of Justice, that the irs whistleblowers should be prosecuted for

1140
00:54:03,360 --> 00:54:05,960
Speaker 2: coming forward. But if you put the two stories together,

1141
00:54:06,040 --> 00:54:08,880
Speaker 2: you actually learn something very interesting, which is that sweetheart

1142
00:54:08,920 --> 00:54:13,560
Speaker 2: deal actually collapsed after the whistleblowers came forward because the

1143
00:54:13,600 --> 00:54:17,839
Speaker 2: public details of what Hunter has gotten away with effectively

1144
00:54:18,080 --> 00:54:21,880
Speaker 2: by originally being able to plead misdemeanor and get immunity

1145
00:54:21,880 --> 00:54:26,120
Speaker 2: from all future federal prosecution. It looked terrible for the

1146
00:54:26,120 --> 00:54:28,239
Speaker 2: current special counsel, but he was like, all right, I

1147
00:54:28,280 --> 00:54:30,719
Speaker 2: can't be agreeing to this deal. There is all kinds

1148
00:54:30,760 --> 00:54:33,360
Speaker 2: of chicaneery. Now, this player going on behind the scenes.

1149
00:54:33,520 --> 00:54:35,760
Speaker 4: Such a mess. Yeah, this is such a mess.

1150
00:54:35,800 --> 00:54:40,120
Speaker 1: And the story in Politico that breaks down how this

1151
00:54:40,200 --> 00:54:42,880
Speaker 1: all fell apart is really interesting. I mean, basically, the

1152
00:54:43,200 --> 00:54:46,680
Speaker 1: TLDR is that Weiss screwed this up in every way

1153
00:54:46,680 --> 00:54:48,920
Speaker 1: that he could. First of all, he appears to have

1154
00:54:49,000 --> 00:54:53,440
Speaker 1: been way too swayed by Hunter's lawyers and their lengthy

1155
00:54:53,719 --> 00:54:57,839
Speaker 1: PowerPoint presentation and their long letters that they sent threatening, Hey,

1156
00:54:59,040 --> 00:55:02,160
Speaker 1: doj Joe bi you really want to force the President

1157
00:55:02,160 --> 00:55:03,959
Speaker 1: of the United States onto the stand as a fact

1158
00:55:03,960 --> 00:55:06,200
Speaker 1: witness here? Really you want to do that? And then

1159
00:55:06,320 --> 00:55:08,600
Speaker 1: also they were making the argument that, oh, you know,

1160
00:55:08,640 --> 00:55:12,440
Speaker 1: this would be seen as political if you went after Hunter,

1161
00:55:12,560 --> 00:55:15,040
Speaker 1: et cetera, et cetera, Where it was actually political that

1162
00:55:15,080 --> 00:55:17,440
Speaker 1: they didn't go after Hunter is what ended up happening.

1163
00:55:17,960 --> 00:55:21,759
Speaker 1: So Weiss strikes this deal with Hunter that he really

1164
00:55:21,760 --> 00:55:25,960
Speaker 1: shouldn't have that the most egregious really in some ways,

1165
00:55:26,000 --> 00:55:30,520
Speaker 1: part of it was the broad immunity that they did

1166
00:55:30,640 --> 00:55:34,399
Speaker 1: agree to based on the letter that Politico got their

1167
00:55:34,440 --> 00:55:38,160
Speaker 1: hands on that had the specific language about exactly what

1168
00:55:38,320 --> 00:55:41,520
Speaker 1: legal issues would be taken off the table. I'll give

1169
00:55:41,520 --> 00:55:44,200
Speaker 1: you the specific language here. It's kind of technical, but

1170
00:55:44,239 --> 00:55:45,440
Speaker 1: just so you get a sense of it, they say,

1171
00:55:45,440 --> 00:55:49,280
Speaker 1: the US agrees not to criminally prosecute Hunter Biden outside

1172
00:55:49,280 --> 00:55:52,200
Speaker 1: of the terms of this agreement for any federal crimes

1173
00:55:52,280 --> 00:55:55,360
Speaker 1: encompassed by the attached statement of facts. And the statement

1174
00:55:55,400 --> 00:55:57,600
Speaker 1: of facts attached is Exhibit one to the memorandum of

1175
00:55:57,600 --> 00:55:59,719
Speaker 1: plea agreement filed the same day. This agreement does not

1176
00:55:59,719 --> 00:56:02,760
Speaker 1: provide any protection of grunts prosecution for any future conduct

1177
00:56:03,000 --> 00:56:06,480
Speaker 1: by Biden or affiliated business. And in those statements of

1178
00:56:06,560 --> 00:56:09,080
Speaker 1: facts that they referenced there, they go through chapter and

1179
00:56:09,200 --> 00:56:11,800
Speaker 1: verse of not only the drug issues, the tax issues,

1180
00:56:11,800 --> 00:56:15,719
Speaker 1: the gun issues, but also the foreign potentially corrupt dealings.

1181
00:56:16,080 --> 00:56:17,600
Speaker 4: They also list that all out.

1182
00:56:18,120 --> 00:56:21,279
Speaker 1: So when Hunter and his team in the court were like, no,

1183
00:56:21,760 --> 00:56:27,080
Speaker 1: the agreement includes this broad immunity, they were actually correct.

1184
00:56:27,239 --> 00:56:29,799
Speaker 1: Based on the deal that had been signed off both

1185
00:56:29,840 --> 00:56:32,680
Speaker 1: by the government and by Hunter Biden. Now, to be clear,

1186
00:56:33,040 --> 00:56:36,960
Speaker 1: it is outrageous that Weiss gave him this broad immunity.

1187
00:56:36,960 --> 00:56:39,000
Speaker 1: I mean, that was a real screw up. And it

1188
00:56:39,040 --> 00:56:42,880
Speaker 1: appears that Weiss came to understand when these whistleblowers came forward,

1189
00:56:43,200 --> 00:56:45,799
Speaker 1: and once there was political heat and scrutiny, came to

1190
00:56:45,880 --> 00:56:48,759
Speaker 1: understand that he gave away the store and really shouldn't have.

1191
00:56:49,160 --> 00:56:51,480
Speaker 1: And so then they try to backtrack. Then you have

1192
00:56:51,560 --> 00:56:54,440
Speaker 1: the whole Plea deal collapse in the courtroom. Now everything

1193
00:56:54,520 --> 00:56:57,640
Speaker 1: is really up in the air. Hunter's original lawyer, Jeffrey Clark,

1194
00:56:57,680 --> 00:57:01,120
Speaker 1: who negotiated this original Plea deal but again both parties

1195
00:57:01,160 --> 00:57:04,959
Speaker 1: signed off on. He is now off of Hunter's team.

1196
00:57:05,239 --> 00:57:07,480
Speaker 1: Abby Lowell, who you saw there on MSNBC, is now

1197
00:57:07,560 --> 00:57:10,239
Speaker 1: leading the team, very well known high power DC lawyer,

1198
00:57:10,239 --> 00:57:13,640
Speaker 1: et cetera, et cetera, because Clark may now be a

1199
00:57:13,680 --> 00:57:16,640
Speaker 1: witness in terms of the Hunter trial of how this

1200
00:57:16,720 --> 00:57:20,160
Speaker 1: deal all came together. Because Hunter's team is like, we

1201
00:57:20,240 --> 00:57:22,120
Speaker 1: had a deal, you signed off on it. I don't

1202
00:57:22,120 --> 00:57:24,320
Speaker 1: care if you changed your mind and thought it was

1203
00:57:24,360 --> 00:57:25,360
Speaker 1: too good of a deal, but we.

1204
00:57:25,360 --> 00:57:26,120
Speaker 4: Had this deal.

1205
00:57:26,480 --> 00:57:29,280
Speaker 1: And so part of the potential trial going up forward

1206
00:57:29,400 --> 00:57:32,240
Speaker 1: is going to be litigating whether or not this deal

1207
00:57:32,320 --> 00:57:35,360
Speaker 1: represents like a binding contract. But just to get to

1208
00:57:35,400 --> 00:57:39,640
Speaker 1: the bottom line here, it was insane that Weiss ever

1209
00:57:39,840 --> 00:57:43,760
Speaker 1: gave him this widespread immunity for all that he was

1210
00:57:43,800 --> 00:57:47,080
Speaker 1: doing in terms of business deals overseas, even as they

1211
00:57:47,120 --> 00:57:49,640
Speaker 1: have an investigation continuing and ongoing.

1212
00:57:49,640 --> 00:57:51,440
Speaker 4: You never should have given that deal.

1213
00:57:51,800 --> 00:57:54,200
Speaker 1: And now he's trying to cya to cover his own

1214
00:57:54,240 --> 00:57:57,320
Speaker 1: ass by you know, asking for the special counsel appointment

1215
00:57:57,320 --> 00:57:59,200
Speaker 1: and going back on his you know, the original deal,

1216
00:57:59,200 --> 00:58:01,479
Speaker 1: et cetera. But it's a total mess.

1217
00:58:01,560 --> 00:58:03,640
Speaker 2: And guess what, on top of all this, As if

1218
00:58:03,680 --> 00:58:05,640
Speaker 2: it doesn't get any worse, put this up there.

1219
00:58:05,840 --> 00:58:06,640
Speaker 3: It turns out.

1220
00:58:06,760 --> 00:58:09,880
Speaker 2: As crazy as all of this sounds, it gets even

1221
00:58:09,920 --> 00:58:13,600
Speaker 2: crazier because it turns out that Hunter Biden actually moved

1222
00:58:13,720 --> 00:58:17,200
Speaker 2: into the White House for two weeks all while this

1223
00:58:17,360 --> 00:58:21,080
Speaker 2: crazy stuff was going down, as he was resolving his

1224
00:58:21,160 --> 00:58:25,040
Speaker 2: legal troubles. In June, moves into the White House, having

1225
00:58:25,200 --> 00:58:29,440
Speaker 2: multiple private conversations with the President A HIPPLEA agreement was

1226
00:58:29,480 --> 00:58:33,840
Speaker 2: actually made on June twentieth, quote one day later, the

1227
00:58:33,880 --> 00:58:37,840
Speaker 2: President and First Lady welcome first House gets from California.

1228
00:58:37,920 --> 00:58:41,160
Speaker 2: His name, Hunter Biden, along with his wife and one

1229
00:58:41,200 --> 00:58:44,880
Speaker 2: of his young sons to stay for two weeks immediately

1230
00:58:44,920 --> 00:58:46,200
Speaker 2: after that was done.

1231
00:58:46,320 --> 00:58:49,600
Speaker 3: This is, first of all, not disclosed. How can the president.

1232
00:58:49,640 --> 00:58:51,560
Speaker 2: The President and the White House were like, hey, why

1233
00:58:51,560 --> 00:58:53,560
Speaker 2: do we have to disclose whenever our family is staying there?

1234
00:58:53,560 --> 00:58:55,120
Speaker 2: It's like, well, yeah, I guess if it's like your

1235
00:58:55,160 --> 00:58:57,840
Speaker 2: small child, that's one thing. It's your fifty plus year

1236
00:58:57,880 --> 00:59:01,480
Speaker 2: old son who's currently negotiate with the Department of Justice

1237
00:59:01,840 --> 00:59:05,320
Speaker 2: and getting sweetheart deals where you're directly weaponizing your role

1238
00:59:05,360 --> 00:59:06,280
Speaker 2: as first son.

1239
00:59:06,520 --> 00:59:07,480
Speaker 3: I think that's another one.

1240
00:59:08,040 --> 00:59:11,600
Speaker 2: Also, It directly calls into question and actually does bolster

1241
00:59:11,640 --> 00:59:14,480
Speaker 2: a little bit of Hunter's defense here. Where how can

1242
00:59:14,520 --> 00:59:16,840
Speaker 2: you say I've never spoken to my son about it

1243
00:59:17,000 --> 00:59:20,120
Speaker 2: when he's literally living with you the day afterwards for

1244
00:59:20,160 --> 00:59:23,960
Speaker 2: two straight weeks while you are the current president and

1245
00:59:24,120 --> 00:59:27,040
Speaker 2: head of the United States government. If Trump did something

1246
00:59:27,120 --> 00:59:30,240
Speaker 2: like this, people would lose their minds. You can cry

1247
00:59:30,680 --> 00:59:33,360
Speaker 2: Jared Kushner and all that stuff all you want. It's

1248
00:59:33,360 --> 00:59:35,720
Speaker 2: all true. We don't No one here is not going

1249
00:59:35,760 --> 00:59:38,840
Speaker 2: to validate it. But you cannot look at this state

1250
00:59:39,240 --> 00:59:41,680
Speaker 2: of facts and the pattern of everything that we have

1251
00:59:41,760 --> 00:59:43,919
Speaker 2: all just laid out and not say this is an

1252
00:59:44,000 --> 00:59:48,520
Speaker 2: outrageous scandal, and the Biden family in particular, and especially

1253
00:59:48,560 --> 00:59:51,800
Speaker 2: President Biden in his role here. He clearly does not

1254
00:59:51,920 --> 00:59:54,160
Speaker 2: think he has done a single damn thing here wrong.

1255
00:59:54,360 --> 00:59:57,160
Speaker 2: He has no remorse. They're not even trying to dispel

1256
00:59:57,240 --> 00:59:59,600
Speaker 2: with the appearance of corruption. I just think that it's

1257
00:59:59,640 --> 01:00:02,360
Speaker 2: so outrageous to have him staying in privately in the

1258
01:00:02,360 --> 01:00:04,280
Speaker 2: White House quarters while all this is going down.

1259
01:00:04,480 --> 01:00:06,720
Speaker 3: There's no attempt to even distance himself from any of them.

1260
01:00:06,840 --> 01:00:10,640
Speaker 1: The part that I found most actually interesting in this

1261
01:00:10,760 --> 01:00:15,520
Speaker 1: reporting was about how most aids, almost everyone working in

1262
01:00:15,520 --> 01:00:17,520
Speaker 1: the White House, they won't even talk to Joe about

1263
01:00:17,520 --> 01:00:21,120
Speaker 1: any of this. They have this report here, they say

1264
01:00:21,120 --> 01:00:24,600
Speaker 1: inside the White House, most aids strenuously avoid discussing Hunter's

1265
01:00:24,600 --> 01:00:27,080
Speaker 1: troubles with a president, believing their contributions and ideas would

1266
01:00:27,120 --> 01:00:29,560
Speaker 1: not be welcome, even as they worry about the personal

1267
01:00:29,560 --> 01:00:31,240
Speaker 1: toll is taking on the elder Biden court. And a

1268
01:00:31,240 --> 01:00:34,520
Speaker 1: half a dozen current and former officials who spoke on

1269
01:00:34,560 --> 01:00:39,800
Speaker 1: the condition of anonymity, Biden's tendency over the course of

1270
01:00:39,880 --> 01:00:43,440
Speaker 1: his long tenure in DC is to have the same

1271
01:00:44,280 --> 01:00:47,680
Speaker 1: very small circle of advisors, and those are the only

1272
01:00:47,760 --> 01:00:50,920
Speaker 1: people he really lets in now. In the beginning of

1273
01:00:50,960 --> 01:00:53,880
Speaker 1: this administration, apparently there was an attempt made to bring

1274
01:00:53,920 --> 01:00:56,600
Speaker 1: some of the newer folks into the circle. There were

1275
01:00:57,120 --> 01:01:01,360
Speaker 1: larger meetings that everyone was participating in, and the anecdotal

1276
01:01:01,400 --> 01:01:03,800
Speaker 1: reports that I have heard is that that is becoming

1277
01:01:03,920 --> 01:01:07,480
Speaker 1: less and less frequent, and that he is now increasingly

1278
01:01:07,920 --> 01:01:12,160
Speaker 1: sort of confining himself to this long time circle of

1279
01:01:12,480 --> 01:01:15,320
Speaker 1: you know, guys who are his same basically age and

1280
01:01:15,360 --> 01:01:18,920
Speaker 1: generation that have been with him forever. And part of that,

1281
01:01:19,000 --> 01:01:22,080
Speaker 1: I think does have to do with the fact that, look,

1282
01:01:22,120 --> 01:01:23,680
Speaker 1: the Hunter Biden, this is going to be a big

1283
01:01:23,680 --> 01:01:26,200
Speaker 1: deal in the presidential campaign. It's a big deal politically,

1284
01:01:26,280 --> 01:01:28,760
Speaker 1: it's a big deal in terms of reality and perception

1285
01:01:28,960 --> 01:01:32,280
Speaker 1: of corruption. These are issues that you would want all

1286
01:01:32,320 --> 01:01:34,520
Speaker 1: of your advisors to be able to speak with you

1287
01:01:34,600 --> 01:01:36,880
Speaker 1: about and weigh in on. But because there is such

1288
01:01:36,880 --> 01:01:39,320
Speaker 1: great sensitivity about it, basically no one will talk to

1289
01:01:39,400 --> 01:01:42,200
Speaker 1: him about it. He doesn't want to hear from anybody

1290
01:01:42,320 --> 01:01:46,440
Speaker 1: on it. And it has made his circle increasingly insular

1291
01:01:46,800 --> 01:01:49,280
Speaker 1: in terms of who he even lets in to talk

1292
01:01:49,320 --> 01:01:52,360
Speaker 1: about anything, not just Hunter, etc. So I think that

1293
01:01:52,520 --> 01:01:55,440
Speaker 1: is also a fascinating look inside the White House about

1294
01:01:55,440 --> 01:01:59,240
Speaker 1: how he's increasingly becoming more and more insular as these

1295
01:01:59,320 --> 01:02:02,040
Speaker 1: issues regards arding Hunter take up more and more of

1296
01:02:02,120 --> 01:02:02,919
Speaker 1: his mind share.

1297
01:02:03,000 --> 01:02:05,000
Speaker 2: Yeah, I think you're right, and I think it's crazy

1298
01:02:05,000 --> 01:02:07,160
Speaker 2: that Biden apparent. I mean it just look, he thinks

1299
01:02:07,160 --> 01:02:10,280
Speaker 2: he's an ordinary man. He's like, my family is off limits.

1300
01:02:10,280 --> 01:02:12,600
Speaker 2: He thinks that's he can just set the rules as

1301
01:02:12,640 --> 01:02:14,960
Speaker 2: the president and people should listen to him. You know,

1302
01:02:15,000 --> 01:02:16,440
Speaker 2: someone should tell him that we actually live in a

1303
01:02:16,480 --> 01:02:19,200
Speaker 2: democracy and that's not how it works. So local continue

1304
01:02:19,240 --> 01:02:21,080
Speaker 2: to look into this. But man, I mean this is

1305
01:02:21,440 --> 01:02:23,840
Speaker 2: some of the for all the reporting that's out there,

1306
01:02:23,880 --> 01:02:26,120
Speaker 2: I think rightfully about January sixth and Mark Meadows and.

1307
01:02:26,080 --> 01:02:26,640
Speaker 3: All this stuff.

1308
01:02:26,880 --> 01:02:30,520
Speaker 2: This is like a soap opera level of political drama

1309
01:02:30,560 --> 01:02:32,200
Speaker 2: which is not getting its due.

1310
01:02:32,360 --> 01:02:33,760
Speaker 3: Let's move on to the next one here.

1311
01:02:34,040 --> 01:02:35,400
Speaker 2: This is a story I know that a lot of

1312
01:02:35,440 --> 01:02:39,040
Speaker 2: you are very interested in and actually is quite fascinating.

1313
01:02:39,240 --> 01:02:42,240
Speaker 2: Michael Burry of Big Short fame has now put a

1314
01:02:42,400 --> 01:02:45,240
Speaker 2: massive bet on the US economy crashing.

1315
01:02:45,320 --> 01:02:47,440
Speaker 3: Let's put this up there on the screen.

1316
01:02:47,520 --> 01:02:50,240
Speaker 2: This was just a couple of days ago where Burry's

1317
01:02:50,280 --> 01:02:54,200
Speaker 2: scion asset management has now put nearly one point six

1318
01:02:54,360 --> 01:02:58,280
Speaker 2: billion dollars worth of put options for the S and

1319
01:02:58,360 --> 01:03:03,400
Speaker 2: P five hundred and the technology sector in particular. So

1320
01:03:03,680 --> 01:03:06,880
Speaker 2: what's fascinating is that Burry has long kind of been

1321
01:03:06,920 --> 01:03:10,600
Speaker 2: famous for placing these big bets of making sure that

1322
01:03:10,640 --> 01:03:13,720
Speaker 2: there's going to be a crash. He was seen obviously

1323
01:03:13,760 --> 01:03:16,520
Speaker 2: as the Cassandra. I think that's like his most famous

1324
01:03:16,520 --> 01:03:18,880
Speaker 2: brand after two thousand and eight, when he correctly called

1325
01:03:19,160 --> 01:03:23,160
Speaker 2: the housing crisis years earlier and shorted it. But this

1326
01:03:23,200 --> 01:03:25,440
Speaker 2: is one of the biggest shorts that he's actually made

1327
01:03:25,720 --> 01:03:30,120
Speaker 2: since then. And I guess the reasoning for his analysis

1328
01:03:30,680 --> 01:03:34,080
Speaker 2: is really interesting. I mean, effectively, what he says is

1329
01:03:34,280 --> 01:03:38,960
Speaker 2: he looks at the impending Federal Reserve decision on interest rates,

1330
01:03:39,240 --> 01:03:43,680
Speaker 2: declining earnings, the fact that inflation remains high, and he's like, look,

1331
01:03:43,720 --> 01:03:46,640
Speaker 2: the fact is is that all of these fundamental yield curve,

1332
01:03:46,680 --> 01:03:50,640
Speaker 2: all this other stuff, the fundamentals are all blowing towards

1333
01:03:50,920 --> 01:03:55,600
Speaker 2: an actual recession and a major drop eventually the bill

1334
01:03:55,760 --> 01:03:58,960
Speaker 2: does have to come doe for reality, the current s

1335
01:03:59,000 --> 01:04:00,920
Speaker 2: and P five hundred game and all that are not

1336
01:04:01,080 --> 01:04:03,560
Speaker 2: actually pegged to earnings or to any of the other

1337
01:04:03,600 --> 01:04:06,600
Speaker 2: important metrics for these companies, and the S and P

1338
01:04:06,680 --> 01:04:08,960
Speaker 2: five hundred and all of that will eventually reflect a

1339
01:04:09,040 --> 01:04:12,040
Speaker 2: crystal So, you know, given his stature and given the

1340
01:04:12,160 --> 01:04:14,320
Speaker 2: nature of like who he is and his past record,

1341
01:04:14,600 --> 01:04:16,600
Speaker 2: I do think it's interesting in order to look at

1342
01:04:16,640 --> 01:04:19,960
Speaker 2: it and to think about his controversial quote unquote analysis here.

1343
01:04:20,040 --> 01:04:21,600
Speaker 3: Maybe he's right. If he's right, he's gonna make a

1344
01:04:21,640 --> 01:04:22,160
Speaker 3: ton of money.

1345
01:04:22,320 --> 01:04:24,280
Speaker 1: I mean, he plays in a very big bed here.

1346
01:04:25,960 --> 01:04:29,360
Speaker 1: He hasn't given a lot of insight into exactly you

1347
01:04:29,400 --> 01:04:34,040
Speaker 1: know why he's so bearish on the US economy. But

1348
01:04:34,520 --> 01:04:36,400
Speaker 1: some of the things that you know, people have been

1349
01:04:36,440 --> 01:04:39,400
Speaker 1: pointing to are, like we've been covering the commercial real

1350
01:04:39,480 --> 01:04:41,840
Speaker 1: estate market and the fact that you have all this

1351
01:04:41,920 --> 01:04:45,080
Speaker 1: fake and office space and downtown's you know, especially place

1352
01:04:45,160 --> 01:04:47,560
Speaker 1: like San Francisco really sort of entering this doom loop.

1353
01:04:47,840 --> 01:04:50,680
Speaker 1: You've got all of this debt coming do in the

1354
01:04:50,720 --> 01:04:55,040
Speaker 1: commercial real estate space, you know, not only in terms

1355
01:04:55,040 --> 01:04:57,200
Speaker 1: of office space, which is the most troubled, but also

1356
01:04:57,280 --> 01:04:59,040
Speaker 1: apartments another troubled sector.

1357
01:04:59,080 --> 01:05:01,400
Speaker 4: So you've got that. You also have, you know.

1358
01:05:01,320 --> 01:05:03,920
Speaker 1: A lot of worries about the Chinese economy, which we

1359
01:05:04,000 --> 01:05:06,520
Speaker 1: covered here as well, and whether there could be huge

1360
01:05:06,560 --> 01:05:10,320
Speaker 1: spillover effects from a major downturn there as well. So

1361
01:05:10,840 --> 01:05:13,880
Speaker 1: you know, he's in his own way with the bets

1362
01:05:13,880 --> 01:05:17,760
Speaker 1: that he's placing, sounding the alarm. It is worth pointing out, though,

1363
01:05:17,800 --> 01:05:20,760
Speaker 1: that his track record is certainly not one hundred percent.

1364
01:05:21,040 --> 01:05:22,640
Speaker 4: This was interesting from the Wall Street Journal.

1365
01:05:22,680 --> 01:05:25,439
Speaker 1: They took a look at not just him, but other

1366
01:05:25,560 --> 01:05:29,240
Speaker 1: people who have sort of famously placed the right bet

1367
01:05:29,360 --> 01:05:32,400
Speaker 1: at a critical financial moment. So people who got the

1368
01:05:32,400 --> 01:05:35,480
Speaker 1: Great Depression crash right, and then people who got the

1369
01:05:35,760 --> 01:05:37,520
Speaker 1: two thousand and eight crash right as well. Put this

1370
01:05:37,640 --> 01:05:40,360
Speaker 1: up on the screen from the Wall Street Journal. The

1371
01:05:40,400 --> 01:05:42,040
Speaker 1: headline here is how to get rich and famous from

1372
01:05:42,040 --> 01:05:44,720
Speaker 1: a stock market crash. Big short hero Michael Burrase's disaster

1373
01:05:45,160 --> 01:05:49,240
Speaker 1: and eventually he'll be right again. So you've got a

1374
01:05:49,360 --> 01:05:52,800
Speaker 1: list of all of the predictions that he has made

1375
01:05:53,680 --> 01:05:55,840
Speaker 1: since he got it right in two thousand and eight.

1376
01:05:56,280 --> 01:05:59,040
Speaker 1: And one of the things that they point to, Sager,

1377
01:05:59,200 --> 01:06:04,520
Speaker 1: is if you were you're right in this really spectacular way,

1378
01:06:04,640 --> 01:06:07,680
Speaker 1: it probably inclines you as a human being to make

1379
01:06:07,760 --> 01:06:12,680
Speaker 1: other really big, sort of spectacular predictions trying to replicate

1380
01:06:12,800 --> 01:06:16,439
Speaker 1: the initial thing that brought you fame, stardom, and people

1381
01:06:16,520 --> 01:06:19,520
Speaker 1: tend to only focus on the times when you got

1382
01:06:19,520 --> 01:06:21,440
Speaker 1: it right, says like broken cloak at the clock is

1383
01:06:21,520 --> 01:06:24,760
Speaker 1: right twice a day, et cetera. But then again, you

1384
01:06:24,760 --> 01:06:26,760
Speaker 1: know he was right once he called it when a

1385
01:06:26,800 --> 01:06:28,640
Speaker 1: lot of people didn't. So you also can't just discard

1386
01:06:28,640 --> 01:06:30,280
Speaker 1: what he's saying because he was seeing something in the

1387
01:06:30,280 --> 01:06:31,840
Speaker 1: market that other people were not seeing at all.

1388
01:06:31,920 --> 01:06:33,800
Speaker 2: Yeah, I mean, I think the reason why we are

1389
01:06:33,840 --> 01:06:36,200
Speaker 2: even covering it is just because of course of his

1390
01:06:36,240 --> 01:06:39,400
Speaker 2: past record. We're trying to offer the caveat. And I

1391
01:06:39,440 --> 01:06:43,520
Speaker 2: do think though it's important. You know, every mainstream financial

1392
01:06:43,560 --> 01:06:46,720
Speaker 2: analysis out there, which always makes me suspicious is like we.

1393
01:06:46,680 --> 01:06:48,480
Speaker 3: Think it's gonna be okay, We're going to achieve the

1394
01:06:48,520 --> 01:06:49,200
Speaker 3: soft landing.

1395
01:06:49,440 --> 01:06:52,760
Speaker 2: Yes, interest rates and all that, But like you said,

1396
01:06:52,920 --> 01:06:56,560
Speaker 2: look at the commercial property, look at inflation, look at

1397
01:06:56,680 --> 01:06:58,280
Speaker 2: earnings which are going down.

1398
01:06:58,480 --> 01:07:01,160
Speaker 3: Look at all the pressure.

1399
01:07:00,800 --> 01:07:03,200
Speaker 2: And the feeling right now within the economy, and a

1400
01:07:03,240 --> 01:07:06,840
Speaker 2: lot of economy is expectations. The expectations are people feel.

1401
01:07:06,960 --> 01:07:09,120
Speaker 2: I was actually looking at this the right track wrong

1402
01:07:09,160 --> 01:07:11,480
Speaker 2: track number is the exact same today as it was

1403
01:07:11,560 --> 01:07:14,200
Speaker 2: in the height of June of twenty twenty when everything

1404
01:07:14,320 --> 01:07:17,960
Speaker 2: literally felt like it was falling apart. People feel as

1405
01:07:18,040 --> 01:07:22,080
Speaker 2: if something really bad is happening. The engine of our economy,

1406
01:07:22,120 --> 01:07:25,640
Speaker 2: which has been financialization and rich people. Those people have

1407
01:07:25,640 --> 01:07:28,640
Speaker 2: been dramatically the people who have seen a contraction in

1408
01:07:28,680 --> 01:07:31,400
Speaker 2: their finances and in their spending. I was just reading

1409
01:07:31,400 --> 01:07:35,080
Speaker 2: today that the banks are no longer having to lend

1410
01:07:35,080 --> 01:07:38,240
Speaker 2: out big jumbo mortgages to rich people as a way

1411
01:07:38,280 --> 01:07:39,040
Speaker 2: of making money.

1412
01:07:39,280 --> 01:07:40,840
Speaker 3: I mean, on the one hand, it's money.

1413
01:07:41,080 --> 01:07:44,000
Speaker 2: On the other hand, that puts a tremendous amount of

1414
01:07:44,040 --> 01:07:48,120
Speaker 2: downward pressure on the housing market, specifically in more urban areas,

1415
01:07:48,160 --> 01:07:51,000
Speaker 2: and that constricts debt and the ability to cash out,

1416
01:07:51,040 --> 01:07:53,920
Speaker 2: And there's all kinds of downstream effects from this stuff

1417
01:07:53,920 --> 01:07:56,720
Speaker 2: that if he's right, you know, obviously he's gonna make

1418
01:07:56,720 --> 01:07:58,200
Speaker 2: it big. But you know, as you said, there's a

1419
01:07:58,240 --> 01:08:00,280
Speaker 2: bias when you are right once like that in order

1420
01:08:00,280 --> 01:08:02,800
Speaker 2: to keep calling it that way. But overall, I think

1421
01:08:02,800 --> 01:08:05,240
Speaker 2: we should elevate some of the quote unquote crank voices

1422
01:08:05,280 --> 01:08:07,640
Speaker 2: out there. Just given what happened in eight You always

1423
01:08:07,680 --> 01:08:09,880
Speaker 2: have to be suspicious of what the mainstream people are saying.

1424
01:08:09,960 --> 01:08:12,520
Speaker 1: Yeah, the last thing I think to note specifically about

1425
01:08:12,560 --> 01:08:14,760
Speaker 1: the bets he's placing. Is he focused in on the

1426
01:08:14,760 --> 01:08:16,680
Speaker 1: tech sector, and there are a lot of concerns right

1427
01:08:16,680 --> 01:08:20,040
Speaker 1: now that there's like an AI bubble basically that anyone

1428
01:08:20,080 --> 01:08:22,759
Speaker 1: who slaps like AI on whatever they're doing is getting

1429
01:08:22,840 --> 01:08:25,559
Speaker 1: huge valuation. I think not price bumps is. I think

1430
01:08:25,560 --> 01:08:27,920
Speaker 1: he's probably right too, just seeing like some of the

1431
01:08:27,960 --> 01:08:30,800
Speaker 1: deeply flawed results of AI and how the tech is

1432
01:08:30,840 --> 01:08:32,759
Speaker 1: in a lot of way is like, not even close

1433
01:08:32,760 --> 01:08:35,680
Speaker 1: to there yet. I think that that may be, you know,

1434
01:08:35,760 --> 01:08:36,840
Speaker 1: I think it is very possible there.

1435
01:08:36,920 --> 01:08:38,400
Speaker 2: You have to think about it in the context of

1436
01:08:38,439 --> 01:08:40,920
Speaker 2: the past, which is in the dot com bubble, everyone

1437
01:08:41,040 --> 01:08:43,639
Speaker 2: was like, oh, pet, you know, everyone famously pets dot com,

1438
01:08:43,720 --> 01:08:47,439
Speaker 2: diaper dot com, grocery dot com, all this stuff. All

1439
01:08:47,479 --> 01:08:50,160
Speaker 2: of what ended up becoming profitable from the Internet was

1440
01:08:50,320 --> 01:08:52,640
Speaker 2: nothing of what people predicted in ninety seven all the

1441
01:08:52,680 --> 01:08:55,840
Speaker 2: way to two thousand. It ended up being social media

1442
01:08:55,920 --> 01:09:00,960
Speaker 2: sites like those, some few monopolistic winners people like Amazon

1443
01:09:01,320 --> 01:09:03,120
Speaker 2: and others. But really, you know what the big winner

1444
01:09:03,280 --> 01:09:06,679
Speaker 2: was is that all of that debt financed broadband internet

1445
01:09:06,760 --> 01:09:11,400
Speaker 2: access for everyone, on top of creating mobile phone infrastructure

1446
01:09:11,439 --> 01:09:13,920
Speaker 2: that it unleashed Web two point zero, which is kind

1447
01:09:13,920 --> 01:09:17,040
Speaker 2: of the web that we're living in right now. Nobody

1448
01:09:17,080 --> 01:09:19,559
Speaker 2: predicted that in ninety seven. I think the exact same

1449
01:09:19,600 --> 01:09:21,920
Speaker 2: thing is going to happen with AI. There's a million

1450
01:09:21,960 --> 01:09:25,920
Speaker 2: different possibilities. I've talked previously here about there's some interesting

1451
01:09:25,920 --> 01:09:28,360
Speaker 2: documentaries people should go look at about how people thought

1452
01:09:28,439 --> 01:09:31,960
Speaker 2: the Information super Highway, not the Internet. The Information super

1453
01:09:32,000 --> 01:09:35,040
Speaker 2: Highway was going to be like the DVR, and your

1454
01:09:35,120 --> 01:09:37,360
Speaker 2: TV was going to be like the main place that

1455
01:09:37,360 --> 01:09:38,960
Speaker 2: you were going to access the internet, not your phone

1456
01:09:38,960 --> 01:09:41,880
Speaker 2: and not your computer. My point is just that, like

1457
01:09:41,920 --> 01:09:44,840
Speaker 2: in the forefront of these technologies, nobody ever predicts how

1458
01:09:44,840 --> 01:09:48,040
Speaker 2: it eventually will work out. These VC guys are placing

1459
01:09:48,160 --> 01:09:50,920
Speaker 2: massive bets on everything because that's how their business works.

1460
01:09:51,000 --> 01:09:52,759
Speaker 2: They only have to hit it big on one Amazon

1461
01:09:52,800 --> 01:09:54,840
Speaker 2: and they can lose ninety nine other bets. But that

1462
01:09:54,880 --> 01:09:56,760
Speaker 2: doesn't mean, though that the stocks aren't going to get

1463
01:09:56,760 --> 01:09:59,040
Speaker 2: wiped out, just like they did in the dot com bubble.

1464
01:09:59,040 --> 01:09:59,600
Speaker 3: So I think he's right.

1465
01:09:59,680 --> 01:10:01,559
Speaker 2: I think right at least to be dubious about some

1466
01:10:01,560 --> 01:10:03,600
Speaker 2: of the promises in that in the immedia term, not

1467
01:10:03,640 --> 01:10:04,040
Speaker 2: in the long.

1468
01:10:04,000 --> 01:10:05,519
Speaker 4: Term, though it could be something there.

1469
01:10:08,800 --> 01:10:09,920
Speaker 3: Crystal, what are you taking a look at?

1470
01:10:10,000 --> 01:10:14,160
Speaker 1: In twenty twenty two, Americans were the most scammed people

1471
01:10:14,320 --> 01:10:16,920
Speaker 1: in the entire world, and the amount of losses to

1472
01:10:16,960 --> 01:10:20,800
Speaker 1: scammers skyrocketed to all time highs. Those are some of

1473
01:10:20,800 --> 01:10:22,879
Speaker 1: the takeaways from a report on the state of scamming

1474
01:10:22,960 --> 01:10:26,200
Speaker 1: by Social Catfish, which compiled in depth statistics on who

1475
01:10:26,240 --> 01:10:29,000
Speaker 1: was getting scammed, how they were getting scammed, and how

1476
01:10:29,080 --> 01:10:31,960
Speaker 1: much these victims lost. A few of the takeaways here

1477
01:10:32,320 --> 01:10:36,320
Speaker 1: teens and seniors are particularly vulnerable. Most victims will never

1478
01:10:36,400 --> 01:10:39,559
Speaker 1: recover their money, and with AI development, the problem is

1479
01:10:39,600 --> 01:10:41,960
Speaker 1: only getting worse. First, let's just take a look at

1480
01:10:41,960 --> 01:10:43,640
Speaker 1: some of the top line figures here, because in some

1481
01:10:43,680 --> 01:10:44,160
Speaker 1: ways this.

1482
01:10:44,120 --> 01:10:45,599
Speaker 4: Is the most disturbing part.

1483
01:10:46,040 --> 01:10:49,639
Speaker 1: In just five years time, the amount of US scammed

1484
01:10:49,720 --> 01:10:53,640
Speaker 1: losses tracked by the FBI and FTC has nearly quadrupled,

1485
01:10:53,960 --> 01:10:57,000
Speaker 1: rising to a record breaking ten point three billion dollars.

1486
01:10:57,080 --> 01:10:59,120
Speaker 1: Just look at how the amount of losses that's the

1487
01:10:59,200 --> 01:11:02,000
Speaker 1: dark purple bars. Look at how those losses have grown

1488
01:11:02,439 --> 01:11:06,080
Speaker 1: skyrocketing in just the past couple of years. But even

1489
01:11:06,120 --> 01:11:09,599
Speaker 1: these numbers wildly underestimate the amount of harm and loss

1490
01:11:09,600 --> 01:11:12,479
Speaker 1: in a given year, because the overwhelming majority of scam victims,

1491
01:11:12,520 --> 01:11:15,920
Speaker 1: they never report out of shame and justified expectation they're

1492
01:11:15,920 --> 01:11:18,840
Speaker 1: not going to recoup their losses anyway. In fact, Social

1493
01:11:18,840 --> 01:11:22,000
Speaker 1: Catfish estimates that the total amount of losses was more

1494
01:11:22,120 --> 01:11:25,519
Speaker 1: like two hundred million in twenty twenty two alone. Now

1495
01:11:25,560 --> 01:11:27,720
Speaker 1: you might be a little surprised about who was most

1496
01:11:27,760 --> 01:11:30,800
Speaker 1: taken in by these scams. Although boomers lose the most

1497
01:11:30,880 --> 01:11:32,880
Speaker 1: money to scammers, after all, they have the most money

1498
01:11:32,880 --> 01:11:35,360
Speaker 1: to lose, teens are actually falling prey to scammers at

1499
01:11:35,400 --> 01:11:38,880
Speaker 1: the fastest rates. Team losses to scammers have grown twenty

1500
01:11:38,880 --> 01:11:42,200
Speaker 1: five hundred percent over the past five years. Judging by

1501
01:11:42,240 --> 01:11:44,720
Speaker 1: the number of highly suspect tiktoks that my fifteen year

1502
01:11:44,720 --> 01:11:47,400
Speaker 1: old credulously sends me or presents as rock solid facts,

1503
01:11:47,600 --> 01:11:49,960
Speaker 1: I guess I shouldn't be all that surprised. After all,

1504
01:11:50,200 --> 01:11:52,519
Speaker 1: this is a generation that lives out so much of

1505
01:11:52,560 --> 01:11:55,800
Speaker 1: their real life in the online world. Their friendships, romances,

1506
01:11:55,880 --> 01:11:58,600
Speaker 1: leisure activities a seamlessly move back and forth between the

1507
01:11:58,640 --> 01:12:01,360
Speaker 1: real world and the digital one. So just from sheer

1508
01:12:01,400 --> 01:12:04,880
Speaker 1: time spent online, there are more opportunities for scammers to

1509
01:12:04,920 --> 01:12:08,559
Speaker 1: take advantage of. Couple that with a teenage naivete about

1510
01:12:08,560 --> 01:12:11,479
Speaker 1: the world, and you've got a recipe for disaster now.

1511
01:12:11,479 --> 01:12:15,200
Speaker 1: The most common scams targeting teenagers specifically take advantage of

1512
01:12:15,240 --> 01:12:18,519
Speaker 1: their desires for connection or for clout. Scammers might pose

1513
01:12:18,560 --> 01:12:21,320
Speaker 1: as a young attractive person, luring the teenager in before

1514
01:12:21,360 --> 01:12:24,680
Speaker 1: asking for money or asking for nuds that they then

1515
01:12:24,880 --> 01:12:27,920
Speaker 1: use for extortion. They may pose as a social media

1516
01:12:27,960 --> 01:12:30,519
Speaker 1: influencer promising some sort of prize if the team just

1517
01:12:30,600 --> 01:12:33,280
Speaker 1: pays a fee or sends bank account info. They might

1518
01:12:33,360 --> 01:12:35,680
Speaker 1: advertise a too good to be true discount on some

1519
01:12:35,800 --> 01:12:38,400
Speaker 1: product and make off with the cash or bank account

1520
01:12:38,400 --> 01:12:41,160
Speaker 1: info when it's sent in, or scam young gamers with

1521
01:12:41,200 --> 01:12:43,720
Speaker 1: a promise of some in app purchase for rewards that

1522
01:12:43,800 --> 01:12:47,320
Speaker 1: do not actually exist. But make not a mistake. Whatever

1523
01:12:47,360 --> 01:12:50,120
Speaker 1: age you are or interest you have, there is a

1524
01:12:50,160 --> 01:12:54,479
Speaker 1: scam tailor made to target you. They prey on all

1525
01:12:54,560 --> 01:12:57,720
Speaker 1: of our nation's failures, in all of our vulnerabilities, in

1526
01:12:57,760 --> 01:13:01,360
Speaker 1: an era when housing is wildly unaffordable, wages are stagnant,

1527
01:13:01,640 --> 01:13:04,800
Speaker 1: debt is sky high. Get rich quick crypto schemes have

1528
01:13:04,880 --> 01:13:07,960
Speaker 1: become the most financially devastating scam in the whole nation.

1529
01:13:08,360 --> 01:13:11,280
Speaker 1: Jumping out of business. Email compromised schemes as the most

1530
01:13:11,320 --> 01:13:14,679
Speaker 1: costly in twenty twenty two, more than ever before. Young

1531
01:13:14,720 --> 01:13:18,040
Speaker 1: Men in particular were lured in with fake initial coin offerings,

1532
01:13:18,320 --> 01:13:21,160
Speaker 1: fake exchanges in wallets, and pump and dump schemes, but

1533
01:13:21,200 --> 01:13:24,120
Speaker 1: financial insecurity was the bedrock of a whole host of

1534
01:13:24,160 --> 01:13:28,040
Speaker 1: successful scams. Lonely boomers were preyed on by scammers posing

1535
01:13:28,040 --> 01:13:30,800
Speaker 1: as wealthy businessmen looking for love, luring the victim in

1536
01:13:30,840 --> 01:13:33,840
Speaker 1: with promises of wealth and business opportunities, convincing them to

1537
01:13:33,920 --> 01:13:37,599
Speaker 1: send money for investment schemes that do not exist. Others

1538
01:13:37,600 --> 01:13:40,040
Speaker 1: fill for lottery scams where they're told they'll win a

1539
01:13:40,080 --> 01:13:42,200
Speaker 1: big prize if they just pay a fee or send

1540
01:13:42,240 --> 01:13:46,280
Speaker 1: in private identity information. Black Americans facing massive wage and

1541
01:13:46,320 --> 01:13:48,840
Speaker 1: wealth disparities, they were loured in with fake work from

1542
01:13:48,840 --> 01:13:51,240
Speaker 1: home job opportunities that might help a single mom make

1543
01:13:51,360 --> 01:13:53,880
Speaker 1: ends means still have time with their kids, but really

1544
01:13:54,040 --> 01:13:56,280
Speaker 1: are just a trick to steal their identity or some

1545
01:13:56,439 --> 01:13:59,439
Speaker 1: upfront payments. And they were tripped with fake apartment scams

1546
01:13:59,479 --> 01:14:02,719
Speaker 1: by frauds to exploit the desperation caused by high rents

1547
01:14:02,760 --> 01:14:06,360
Speaker 1: and housing discrimination to steal deposits and application fees for

1548
01:14:06,479 --> 01:14:10,439
Speaker 1: non existent rentals. The highly charged emotional political climate has

1549
01:14:10,479 --> 01:14:13,720
Speaker 1: also become a ripe landscape for scammers. We've documented some

1550
01:14:14,240 --> 01:14:16,400
Speaker 1: of this on this show, from the We Build the

1551
01:14:16,400 --> 01:14:18,960
Speaker 1: Wall scheme that Steve Bannon was indicted over to the

1552
01:14:19,040 --> 01:14:21,880
Speaker 1: fake trump Bucks which were sold as legal tender.

1553
01:14:22,160 --> 01:14:23,440
Speaker 4: Former President Trump's.

1554
01:14:23,160 --> 01:14:25,840
Speaker 1: Devoted followers have been robbed by scammers who exploit their

1555
01:14:25,880 --> 01:14:28,920
Speaker 1: sincere devotion to their political hero. But it is not

1556
01:14:28,960 --> 01:14:31,599
Speaker 1: only Magga that is being robbed. The George Floyd social

1557
01:14:31,680 --> 01:14:35,000
Speaker 1: justice movement gave rise to fake go fundmes, fraudulent charities

1558
01:14:35,000 --> 01:14:37,799
Speaker 1: claiming to fight for progressive causes but really just stealing

1559
01:14:37,800 --> 01:14:42,200
Speaker 1: people's money. The unfortunate reality is this is just the beginning,

1560
01:14:42,439 --> 01:14:48,120
Speaker 1: with financial procarity rising, loneliness festering, pas to personal empowerment closing.

1561
01:14:48,600 --> 01:14:51,559
Speaker 1: Our nation is only becoming more vulnerable, and with the

1562
01:14:51,560 --> 01:14:55,520
Speaker 1: widespread adoption of AI creating a new landscape of voice impersonation,

1563
01:14:55,640 --> 01:14:58,479
Speaker 1: face swapping, and deep fake videos, the tools to trick

1564
01:14:58,560 --> 01:15:02,320
Speaker 1: people are only becoming more sophisticated. Our nie and status

1565
01:15:02,360 --> 01:15:06,000
Speaker 1: as both wealthy and wildly unequal with a threadbare social

1566
01:15:06,040 --> 01:15:08,320
Speaker 1: safety net, has made us the number one target of

1567
01:15:08,360 --> 01:15:11,240
Speaker 1: scammers from all around the world. No other country even

1568
01:15:11,280 --> 01:15:14,719
Speaker 1: comes close in terms of online scam victims in twenty

1569
01:15:14,760 --> 01:15:17,480
Speaker 1: twenty two. When it comes to falling for scams, apparently

1570
01:15:17,720 --> 01:15:18,760
Speaker 1: we are number one.

1571
01:15:19,120 --> 01:15:21,800
Speaker 4: And Sager, what was wild to me in this report

1572
01:15:22,240 --> 01:15:23,360
Speaker 4: was they go through a bunch.

1573
01:15:23,200 --> 01:15:25,919
Speaker 2: And if you want to hear my reaction to Crystal's monologue,

1574
01:15:25,920 --> 01:15:31,600
Speaker 2: become a premium subscriber today at Breakingpoints dot com.

1575
01:15:31,680 --> 01:15:32,840
Speaker 4: All right, Sager, are you looking at it?

1576
01:15:32,880 --> 01:15:33,080
Speaker 8: Well?

1577
01:15:33,160 --> 01:15:35,160
Speaker 2: For those who know the mythology of the show, it

1578
01:15:35,200 --> 01:15:37,960
Speaker 2: really does all start with Andrew Yang. Back in twenty

1579
01:15:38,080 --> 01:15:40,320
Speaker 2: twenty during the Democratic primary, Crystal and I started a

1580
01:15:40,360 --> 01:15:43,040
Speaker 2: radical experiment on rising Can we cover the news in

1581
01:15:43,040 --> 01:15:45,200
Speaker 2: a way that doesn't make people hate each other and

1582
01:15:45,320 --> 01:15:47,880
Speaker 2: isn't the typical parts in bs you see on TV.

1583
01:15:48,120 --> 01:15:50,960
Speaker 2: We're plugging away, pleased with our modest progress. And then

1584
01:15:51,000 --> 01:15:53,799
Speaker 2: Andrew Yang showed up for an interview. We treated him seriously.

1585
01:15:54,080 --> 01:15:56,920
Speaker 2: After that it went stratospheric. So because of this, I

1586
01:15:56,960 --> 01:15:59,320
Speaker 2: always have a very soft spot for Andrew Yang and

1587
01:15:59,360 --> 01:16:01,519
Speaker 2: for the Yanggang. What we saw at that time was

1588
01:16:01,520 --> 01:16:04,240
Speaker 2: that Yang and his supporters only desire was to be

1589
01:16:04,280 --> 01:16:06,519
Speaker 2: treated with respect by the media and the.

1590
01:16:06,479 --> 01:16:07,879
Speaker 3: Overall electoral process.

1591
01:16:08,120 --> 01:16:10,400
Speaker 2: Pretty much until the end, he was denied that respect,

1592
01:16:10,479 --> 01:16:12,479
Speaker 2: and in many ways he continues to do so. But

1593
01:16:12,560 --> 01:16:15,599
Speaker 2: his campaign did spawn a lot of lessons for me especially.

1594
01:16:15,880 --> 01:16:19,439
Speaker 2: Yang was I believe, the first true candidate of the Internet,

1595
01:16:19,680 --> 01:16:23,080
Speaker 2: in that he quite literally could not have ever existed

1596
01:16:23,120 --> 01:16:26,280
Speaker 2: without it. There were predecessors, to be sure, Barack Obama,

1597
01:16:26,360 --> 01:16:28,400
Speaker 2: for example, he used his website to raise money in

1598
01:16:28,400 --> 01:16:30,920
Speaker 2: an unprecedented way from small donors, but at the end

1599
01:16:30,960 --> 01:16:32,840
Speaker 2: of the day, he was a traditional politician.

1600
01:16:32,960 --> 01:16:34,200
Speaker 3: He was a sitting US senator.

1601
01:16:34,439 --> 01:16:36,880
Speaker 2: Yang, for all intents and purposes, was just a dude

1602
01:16:36,920 --> 01:16:39,479
Speaker 2: who wrote a book with the message though that spread

1603
01:16:39,640 --> 01:16:41,920
Speaker 2: enough through the annals of the Internet, he made his

1604
01:16:41,960 --> 01:16:45,240
Speaker 2: way to the debate stage and was revolutionary at the time.

1605
01:16:45,840 --> 01:16:48,479
Speaker 2: So with this election, the question arises, who is the

1606
01:16:48,520 --> 01:16:52,160
Speaker 2: successor to Andrew Yang? In my opinion, we already have three.

1607
01:16:52,320 --> 01:16:54,639
Speaker 2: Two of them are on the Democratic side, RFK Junior

1608
01:16:54,680 --> 01:16:55,639
Speaker 2: and Maryanne Williamson.

1609
01:16:55,880 --> 01:16:57,160
Speaker 3: Both are probably.

1610
01:16:56,800 --> 01:16:59,519
Speaker 2: Even more marginalized by the media and the establishment than

1611
01:16:59,560 --> 01:17:02,320
Speaker 2: Yang was because of the current lack of primary process.

1612
01:17:02,640 --> 01:17:04,920
Speaker 2: But on the Republican side we're seeing a different story

1613
01:17:05,080 --> 01:17:07,200
Speaker 2: and it's important to try and understand why and how

1614
01:17:07,240 --> 01:17:10,080
Speaker 2: this campaign appears to be working, and that campaign is

1615
01:17:10,160 --> 01:17:13,639
Speaker 2: Vivike Ramaswami's Ramaswami, by all rights, should be a footnote

1616
01:17:13,640 --> 01:17:16,000
Speaker 2: to the twenty twenty four campaign. He has never held

1617
01:17:16,040 --> 01:17:19,040
Speaker 2: elected office. He's never really been involved in capital P

1618
01:17:19,040 --> 01:17:22,200
Speaker 2: politics at all really before twenty twenty one. Seemingly kind

1619
01:17:22,200 --> 01:17:24,400
Speaker 2: of came out of nowhere with a book called Woke, Inc.

1620
01:17:24,439 --> 01:17:26,880
Speaker 2: Written after the twenty twenty which is when he first

1621
01:17:26,880 --> 01:17:29,640
Speaker 2: came on my radar, but even at that time, the

1622
01:17:29,680 --> 01:17:32,640
Speaker 2: seeds of his so far successful campaign were planted. He

1623
01:17:32,800 --> 01:17:36,719
Speaker 2: seemingly did every podcast that asked interviews big and small,

1624
01:17:36,960 --> 01:17:39,840
Speaker 2: mainstream media but independent as well, and he used his

1625
01:17:39,880 --> 01:17:42,559
Speaker 2: Twitter account to spread the word. If you go ahead

1626
01:17:42,560 --> 01:17:44,400
Speaker 2: and take a look at this, just like Andrew Yang

1627
01:17:44,560 --> 01:17:47,519
Speaker 2: when he announced for president, He's continued his strategy. He

1628
01:17:47,560 --> 01:17:50,639
Speaker 2: has appeared just like Yang did, both on mainstream media

1629
01:17:50,720 --> 01:17:54,320
Speaker 2: but also shows like Ours Megan Kelly, the All In Podcast,

1630
01:17:54,640 --> 01:17:58,000
Speaker 2: Anyone with a massive platform. A search for Ramaswami's name

1631
01:17:58,040 --> 01:18:01,240
Speaker 2: on YouTube yields videos with hundreds of thousands to even

1632
01:18:01,280 --> 01:18:04,880
Speaker 2: millions of views, and anecdotally Vivik's interview with us yielded

1633
01:18:04,920 --> 01:18:07,200
Speaker 2: one of the most views and downloads of any candidate

1634
01:18:07,280 --> 01:18:09,519
Speaker 2: in the race. RFK Junior is the only one that

1635
01:18:09,560 --> 01:18:12,960
Speaker 2: comes close in interest, similar really to RFK and Mary Anne.

1636
01:18:13,000 --> 01:18:15,559
Speaker 2: It though, is the mainstream media is having a weird

1637
01:18:15,600 --> 01:18:18,120
Speaker 2: time with all of this. Vivek is getting coverage here

1638
01:18:18,160 --> 01:18:19,960
Speaker 2: and there from the New York Times or others. But

1639
01:18:20,160 --> 01:18:22,559
Speaker 2: over on Fox they really showed their hand in a

1640
01:18:22,600 --> 01:18:26,120
Speaker 2: recent segment on the so called Fox News Power rankings.

1641
01:18:26,280 --> 01:18:28,240
Speaker 2: Take a listen to this again if you missed it

1642
01:18:28,280 --> 01:18:30,240
Speaker 2: from our previous bit on Thursday.

1643
01:18:29,920 --> 01:18:32,400
Speaker 1: Our power ranking show former President Trump keeping a firm

1644
01:18:32,439 --> 01:18:33,360
Speaker 1: grip on the party.

1645
01:18:33,520 --> 01:18:35,640
Speaker 9: So here's what we have, Dana, he is far and

1646
01:18:35,680 --> 01:18:38,919
Speaker 9: away the front runner. Ron DeSantis, Tim Scott are in contention.

1647
01:18:39,840 --> 01:18:42,439
Speaker 9: You've got five others in the conversation, and the rest

1648
01:18:42,479 --> 01:18:44,519
Speaker 9: are on the outside looking in.

1649
01:18:44,840 --> 01:18:47,120
Speaker 8: Hi, Dana Envil, that's right feeling right at home here

1650
01:18:47,160 --> 01:18:49,880
Speaker 8: in Iowa. We can tell you that this morning Senator

1651
01:18:49,920 --> 01:18:51,240
Speaker 8: Tim Scott breaking into the.

1652
01:18:51,120 --> 01:18:53,680
Speaker 2: Top three and those Fox News Power rankings that.

1653
01:18:53,640 --> 01:18:54,559
Speaker 3: Were just released.

1654
01:18:54,600 --> 01:18:56,880
Speaker 2: So Fox, in a system that they literally just made up,

1655
01:18:57,000 --> 01:18:58,880
Speaker 2: decided that Tim Scott is now in play.

1656
01:18:59,120 --> 01:18:59,840
Speaker 3: But what is the act.

1657
01:19:00,000 --> 01:19:02,800
Speaker 2: Will data tell us. The RCP average of polls shows

1658
01:19:02,880 --> 01:19:06,120
Speaker 2: us clearly it's Trump, DeSantis and Ramaswami. If you are

1659
01:19:06,120 --> 01:19:09,599
Speaker 2: to believe a smattering of recent polls, Ramaswami is actually

1660
01:19:09,640 --> 01:19:13,160
Speaker 2: tied with DeSantis and in some has even overtaken him.

1661
01:19:13,320 --> 01:19:16,000
Speaker 2: So how can they justify putting Scott ahead of him

1662
01:19:16,160 --> 01:19:19,200
Speaker 2: when in the actual average he's multiple candidates behind. The

1663
01:19:19,280 --> 01:19:21,560
Speaker 2: answer comes down to the same institutional bias that we

1664
01:19:21,600 --> 01:19:24,760
Speaker 2: saw with Yang. They simply cannot believe that it's real.

1665
01:19:25,000 --> 01:19:27,559
Speaker 2: And look, maybe it isn't one red flag for vik

1666
01:19:27,720 --> 01:19:29,479
Speaker 2: was it? The most recent New York Times Siena poll

1667
01:19:29,640 --> 01:19:32,919
Speaker 2: found him at nearly two percent, far below the other averages.

1668
01:19:33,160 --> 01:19:35,519
Speaker 2: Maybe that was an outliar, maybe the others won't. But

1669
01:19:35,600 --> 01:19:37,559
Speaker 2: within the system that we have, it's clear that he

1670
01:19:37,640 --> 01:19:40,760
Speaker 2: is a much more serious contender than many traditional candidates,

1671
01:19:41,000 --> 01:19:43,439
Speaker 2: at least as serious as they can be within the

1672
01:19:43,439 --> 01:19:46,200
Speaker 2: confines of the Trump dominated party, Which brings us to

1673
01:19:46,240 --> 01:19:49,240
Speaker 2: the less in section for the future. Considering Trump's complete

1674
01:19:49,280 --> 01:19:51,400
Speaker 2: domination of the party and the press and the mind

1675
01:19:51,439 --> 01:19:54,000
Speaker 2: of the GOP voter, it seems clear he is most

1676
01:19:54,120 --> 01:19:57,440
Speaker 2: of the conversation around so called competition. It's all academic.

1677
01:19:57,720 --> 01:20:00,519
Speaker 2: What can we learn from Ramaswami candidacy, at least so far.

1678
01:20:01,200 --> 01:20:03,519
Speaker 2: One lesson is clear, if you have something to say,

1679
01:20:03,640 --> 01:20:05,040
Speaker 2: you got to say it, and you got to say

1680
01:20:05,080 --> 01:20:07,280
Speaker 2: it loudly and to everyone that will listen. And I

1681
01:20:07,320 --> 01:20:09,920
Speaker 2: can tell you that booking him was incredibly easy relative

1682
01:20:09,960 --> 01:20:12,080
Speaker 2: to many of these other candidates. The others have been

1683
01:20:12,120 --> 01:20:15,840
Speaker 2: a byzantine process of negotiation, with aids on timing, often

1684
01:20:15,880 --> 01:20:18,360
Speaker 2: getting no response despite the fact that shows like ours

1685
01:20:18,520 --> 01:20:20,960
Speaker 2: are watched by millions of people at the same time,

1686
01:20:21,040 --> 01:20:23,160
Speaker 2: we get no response that I'll see. These candidates then

1687
01:20:23,200 --> 01:20:26,320
Speaker 2: pop up on a weekend CNN hour watched by probably

1688
01:20:26,439 --> 01:20:27,400
Speaker 2: one fifth the number.

1689
01:20:27,600 --> 01:20:29,280
Speaker 3: Why they're playing an old game.

1690
01:20:29,479 --> 01:20:34,080
Speaker 2: They are wedded to the old style, traditional questions, traditional answers. Second, though,

1691
01:20:34,160 --> 01:20:36,280
Speaker 2: is of uniqueness. Having something to say is not the

1692
01:20:36,360 --> 01:20:38,400
Speaker 2: only metric. You got to have say something that is

1693
01:20:38,520 --> 01:20:41,880
Speaker 2: genuinely unique relative to everyone else. And when it comes

1694
01:20:41,920 --> 01:20:45,000
Speaker 2: to defending Trump, Vivek always goes the extra mile and

1695
01:20:45,080 --> 01:20:48,080
Speaker 2: a signal to Trump supporters he's on their side. When

1696
01:20:48,120 --> 01:20:51,519
Speaker 2: it spans foreign policy, climate, wokeness, any other issue, he's

1697
01:20:51,520 --> 01:20:54,240
Speaker 2: got an extra long Twitter essay loaded with bullet points,

1698
01:20:54,360 --> 01:20:57,160
Speaker 2: and he comes prepared with interviews to actually defend his positions.

1699
01:20:57,360 --> 01:21:00,880
Speaker 2: He's perfected the online art of saying something outrageous and

1700
01:21:00,920 --> 01:21:03,200
Speaker 2: then having the intellect to at least back up some

1701
01:21:03,360 --> 01:21:06,479
Speaker 2: of it rhetorically, which scores him, earn media and makes

1702
01:21:06,479 --> 01:21:09,600
Speaker 2: people pay attention. All successful Internet candidates have done this

1703
01:21:09,880 --> 01:21:13,920
Speaker 2: Yang with Ubi Marianne with Radical Acceptance, RFK Junior on

1704
01:21:13,960 --> 01:21:17,080
Speaker 2: the COVID Establishment. It shows again that the Internet at

1705
01:21:17,120 --> 01:21:20,839
Speaker 2: its most powerful is a dissonant force to establishment voices,

1706
01:21:21,080 --> 01:21:23,280
Speaker 2: and it injes Us closer to my own personal dream

1707
01:21:23,520 --> 01:21:26,479
Speaker 2: a world where the gatekeepers actually don't matter at all anymore,

1708
01:21:26,600 --> 01:21:30,080
Speaker 2: and that anyone anywhere with something to say may actually

1709
01:21:30,120 --> 01:21:32,439
Speaker 2: get a shot at winning. And so I think it's

1710
01:21:32,479 --> 01:21:35,840
Speaker 2: really interesting what Vig has been able to accomplish even today.

1711
01:21:35,880 --> 01:21:37,080
Speaker 3: I just saw Time magazine and.

1712
01:21:37,120 --> 01:21:39,719
Speaker 1: If you want to hear my reaction to Cyber's monologue,

1713
01:21:39,800 --> 01:21:45,800
Speaker 1: become a premium subscriber today at Breakingpoints dot com.

1714
01:21:45,960 --> 01:21:48,320
Speaker 2: Listen, guys, it's been a great show. We really appreciate it.

1715
01:21:48,320 --> 01:21:50,559
Speaker 2: We're going to have a lot tomorrow. As a reminder,

1716
01:21:50,600 --> 01:21:53,640
Speaker 2: we've got that debate special. We'll be dropping for all

1717
01:21:53,680 --> 01:21:56,360
Speaker 2: of our premium describers predictions. It's going to be well produced,

1718
01:21:56,320 --> 01:21:57,760
Speaker 2: going to be a lot of fun. It'll drop for

1719
01:21:57,800 --> 01:22:00,559
Speaker 2: everybody else later on. Thanks to everybody helps us out

1720
01:22:00,600 --> 01:22:02,519
Speaker 2: here on the show, and we will see you all tomorrow.

1721
01:22:15,760 --> 01:22:15,800
Speaker 2: M