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Let's get to Tesla, shall we, Because this 15 00:00:36,479 --> 00:00:39,920 Speaker 3: is in terms of some of the fallout overseas, and 16 00:00:40,000 --> 00:00:42,960 Speaker 3: actually this is the curiosity of as. 17 00:00:42,760 --> 00:00:44,360 Speaker 1: Elon becomes more political. 18 00:00:44,479 --> 00:00:47,400 Speaker 3: Yes, as wealth is extraordinary and all of that, how 19 00:00:47,560 --> 00:00:51,880 Speaker 3: much of it, if it declines, will affect his overall performance, 20 00:00:51,960 --> 00:00:55,520 Speaker 3: his doge image and all of that. Yeah, I genuinely 21 00:00:55,560 --> 00:00:57,760 Speaker 3: have no idea. I tend to think Tesla is still 22 00:00:57,760 --> 00:01:00,160 Speaker 3: his baby. It's the center of gravity of all of 23 00:01:00,200 --> 00:01:02,120 Speaker 3: his net worth and power. But maybe he just doesn't 24 00:01:02,120 --> 00:01:04,680 Speaker 3: care anymore. He's realized in enough gains he doesn't care 25 00:01:04,680 --> 00:01:05,319 Speaker 3: about the company. 26 00:01:05,400 --> 00:01:07,440 Speaker 2: So Tesla I was looking makes up about a third 27 00:01:07,440 --> 00:01:10,080 Speaker 2: of his net worth, so it's certainly significant in terms 28 00:01:10,120 --> 00:01:12,520 Speaker 2: of his wealth. And right now it really is struggling. 29 00:01:12,560 --> 00:01:14,520 Speaker 2: I mean the stock price is way dounk. Put this 30 00:01:14,680 --> 00:01:17,520 Speaker 2: up on the screen, and I mean, Tesla stock is 31 00:01:17,560 --> 00:01:19,120 Speaker 2: really I saw someone describe it. 32 00:01:19,120 --> 00:01:20,400 Speaker 4: It's basically like a meme stock. 33 00:01:20,400 --> 00:01:23,600 Speaker 2: I mean, the valuation doesn't really comport with reality anyway. 34 00:01:24,000 --> 00:01:27,880 Speaker 2: And now they have this huge drop in sales, and 35 00:01:27,920 --> 00:01:30,679 Speaker 2: that's part of what is driving this drop in terms 36 00:01:30,720 --> 00:01:33,160 Speaker 2: of the stock price. Let's put the next piece up 37 00:01:33,160 --> 00:01:35,000 Speaker 2: on the screen so I can explain more of the 38 00:01:35,120 --> 00:01:38,720 Speaker 2: numbers behind the drop in sales. In Europe in particular, 39 00:01:39,160 --> 00:01:43,160 Speaker 2: Tesla sales have dropped almost by half forty five percent 40 00:01:43,720 --> 00:01:45,760 Speaker 2: year over year, and if you just look at the EU, 41 00:01:45,920 --> 00:01:49,520 Speaker 2: it actually has dropped by half year over year. So 42 00:01:50,000 --> 00:01:54,120 Speaker 2: back in January of twenty twenty four they sold some 43 00:01:54,640 --> 00:01:58,880 Speaker 2: fifteen one and thirty Tesla's in the EU. This year 44 00:01:59,040 --> 00:02:02,360 Speaker 2: it was only seven one thousand, five hundred and seventeen. 45 00:02:02,720 --> 00:02:06,000 Speaker 2: Now you may say, okay, well, maybe EV sales overall 46 00:02:06,040 --> 00:02:09,639 Speaker 2: are declining. Not so ev sales year over year are 47 00:02:09,800 --> 00:02:13,560 Speaker 2: actually up. It's just Tesla sales which are way down. 48 00:02:14,200 --> 00:02:15,880 Speaker 2: I do think a lot of it has to do 49 00:02:16,080 --> 00:02:19,360 Speaker 2: with him becoming this very toxic partisan political figure. 50 00:02:19,520 --> 00:02:20,840 Speaker 4: And you have to remember he weighed in. 51 00:02:21,000 --> 00:02:23,720 Speaker 2: I mean, obviously he's like controlling our entire political system 52 00:02:23,760 --> 00:02:27,360 Speaker 2: at this point, but he also intervened in Germany, and 53 00:02:27,400 --> 00:02:30,200 Speaker 2: the sales in Germany are down something like sixty three percent, 54 00:02:30,320 --> 00:02:33,480 Speaker 2: so it's an even greater drop. He also was meddling 55 00:02:33,600 --> 00:02:36,040 Speaker 2: in the UK. There's been a drop there as well, 56 00:02:36,280 --> 00:02:39,959 Speaker 2: and there's been sort of a general European rejection of 57 00:02:40,000 --> 00:02:43,200 Speaker 2: this foreign billionaire, richest man on the planet trying to 58 00:02:43,240 --> 00:02:44,920 Speaker 2: meddle in their politics. And also you have to think 59 00:02:44,919 --> 00:02:47,560 Speaker 2: about the kind of consumer who's typically buying an electric vehicle. 60 00:02:47,680 --> 00:02:49,680 Speaker 4: Most of them are liberal or lefties. 61 00:02:50,200 --> 00:02:53,280 Speaker 2: So to have someone who is so closely associated themselves 62 00:02:53,360 --> 00:02:56,800 Speaker 2: with Trump and the AfD and you know, waiting in 63 00:02:56,840 --> 00:02:59,040 Speaker 2: on the grooming Gang's debate in the UK or whatever, 64 00:02:59,400 --> 00:03:01,720 Speaker 2: that's going to be problem for the Tesla brand. Now, 65 00:03:01,760 --> 00:03:04,440 Speaker 2: there are some other factors that I think play into 66 00:03:04,480 --> 00:03:07,280 Speaker 2: this that aren't just about Elon's politics, although, like I said, 67 00:03:07,320 --> 00:03:09,320 Speaker 2: I do think that that is a significant part of 68 00:03:09,320 --> 00:03:12,440 Speaker 2: what is going on here. One is, as we've been discussing, 69 00:03:12,480 --> 00:03:16,160 Speaker 2: byd is selling fantastic evs and so that he's got 70 00:03:16,200 --> 00:03:20,320 Speaker 2: more competition in terms of the electric vehicle market. And 71 00:03:20,360 --> 00:03:24,040 Speaker 2: then the other one is people are potentially waiting for 72 00:03:24,080 --> 00:03:26,200 Speaker 2: there's like a new model of the car that's coming 73 00:03:26,240 --> 00:03:28,400 Speaker 2: out in the spring. You probably know more about that 74 00:03:28,400 --> 00:03:30,519 Speaker 2: than I do, so maybe they're just waiting and holding 75 00:03:30,520 --> 00:03:33,000 Speaker 2: off for like the latest new thing to come out. 76 00:03:33,040 --> 00:03:35,600 Speaker 2: But I don't think it's deniable at this point that 77 00:03:35,720 --> 00:03:38,240 Speaker 2: his brand is a big part of this drop. There's 78 00:03:38,240 --> 00:03:41,000 Speaker 2: also a drop in China that I would probably attribute 79 00:03:41,000 --> 00:03:44,640 Speaker 2: more to the semestic competition, yeah, market, and there's about 80 00:03:44,680 --> 00:03:48,760 Speaker 2: a thirteen percent drop here in the US of Tesla sales. 81 00:03:48,760 --> 00:03:50,880 Speaker 2: And of course they also have just become this very 82 00:03:50,920 --> 00:03:55,680 Speaker 2: visible symbol of him. So you've had Tesla's Tesla owners 83 00:03:55,680 --> 00:03:57,720 Speaker 2: putting those bumper stickers on that are like, I bought 84 00:03:57,720 --> 00:04:00,160 Speaker 2: this before I knew Elon was crazy. You've had had 85 00:04:00,200 --> 00:04:03,680 Speaker 2: some instances of vandalism. I don't know how widespread that is, 86 00:04:03,760 --> 00:04:06,800 Speaker 2: but like cyberdrucks getting spray painted with waswastikas and Tesla 87 00:04:06,880 --> 00:04:10,160 Speaker 2: charging stations being spray painted with swastikas, et cetera. So 88 00:04:10,280 --> 00:04:14,040 Speaker 2: it has become this kind of like touchstone of resistance, 89 00:04:14,120 --> 00:04:15,840 Speaker 2: visible symbol of him, etc. 90 00:04:16,279 --> 00:04:17,200 Speaker 4: And it is. 91 00:04:17,160 --> 00:04:20,920 Speaker 2: Significant to his net worth. But I wish I thought 92 00:04:20,960 --> 00:04:22,960 Speaker 2: that it would like matter and sort of check him 93 00:04:23,000 --> 00:04:24,720 Speaker 2: and that this is like really going to hit him 94 00:04:24,720 --> 00:04:26,520 Speaker 2: where it hurts. But the truth of the matter is, 95 00:04:26,600 --> 00:04:28,400 Speaker 2: as long as he's in control of the federal government, 96 00:04:28,680 --> 00:04:31,839 Speaker 2: he has all of our tax dollars backstopping his net worth. 97 00:04:32,160 --> 00:04:35,000 Speaker 2: And I do think his primary at this point ideological 98 00:04:35,240 --> 00:04:38,279 Speaker 2: goal and like company passion is more SpaceX and the 99 00:04:38,279 --> 00:04:41,520 Speaker 2: goal of getting to Mars. So I don't know if 100 00:04:42,240 --> 00:04:43,840 Speaker 2: I don't know if this is going to mean anything. 101 00:04:43,600 --> 00:04:45,359 Speaker 1: To him or not very possible. I'm not sure. 102 00:04:45,560 --> 00:04:47,440 Speaker 3: We reached out to Doug Demiro, by the way, try 103 00:04:47,480 --> 00:04:49,440 Speaker 3: and get him back on the show to talk about 104 00:04:49,480 --> 00:04:51,680 Speaker 3: the Chinese evs, because I saw a video of him 105 00:04:51,720 --> 00:04:53,920 Speaker 3: just talking about how good they are and about why 106 00:04:53,960 --> 00:04:56,680 Speaker 3: he's like, without tariffs and if we have pure capitalism, 107 00:04:56,680 --> 00:04:58,719 Speaker 3: he's like, we're going to get destroyed in this market. 108 00:04:58,760 --> 00:05:00,760 Speaker 3: So I'm actually really curious see if we can try 109 00:05:01,080 --> 00:05:03,320 Speaker 3: to talk to him about it. As you said, Look, 110 00:05:03,320 --> 00:05:05,599 Speaker 3: obviously there's a new model, so there's some stuff going 111 00:05:05,640 --> 00:05:08,200 Speaker 3: on there. A Tesla strategy as well has changed significantly. 112 00:05:08,200 --> 00:05:11,160 Speaker 3: They cut a lot of their prices for this this. 113 00:05:11,440 --> 00:05:13,760 Speaker 3: If there is lessening demand, it could feed more into 114 00:05:13,800 --> 00:05:16,640 Speaker 3: that they still have the production on their side as 115 00:05:16,640 --> 00:05:19,480 Speaker 3: opposed to every other company. There's still big questions as 116 00:05:19,520 --> 00:05:22,760 Speaker 3: to whether the Trump administration will continue some of the 117 00:05:22,839 --> 00:05:24,839 Speaker 3: EV incentives. 118 00:05:24,400 --> 00:05:24,920 Speaker 1: That are there. 119 00:05:25,000 --> 00:05:27,320 Speaker 3: It's actually a big open question as to whether Elon 120 00:05:27,360 --> 00:05:28,520 Speaker 3: we even want those. 121 00:05:28,360 --> 00:05:30,600 Speaker 4: Evns, wants them to go away, and in this. 122 00:05:30,680 --> 00:05:34,440 Speaker 3: Right because it would subsidize the competition, which, let's be honest, 123 00:05:34,560 --> 00:05:37,240 Speaker 3: not as good and has way bigger production problems. So 124 00:05:37,480 --> 00:05:40,640 Speaker 3: it's much more of a subsidy for Ford, GM and 125 00:05:40,720 --> 00:05:43,640 Speaker 3: for the big three automakers than it is for Tesla, 126 00:05:43,640 --> 00:05:46,440 Speaker 3: which has approven you know, it has factories, it has 127 00:05:46,520 --> 00:05:50,000 Speaker 3: charging stations, It already has like the biggest market share 128 00:05:50,279 --> 00:05:51,800 Speaker 3: out of all of it. So it would only make 129 00:05:51,920 --> 00:05:54,640 Speaker 3: even more of a reason to invest to buy a Tesla. 130 00:05:54,720 --> 00:05:57,360 Speaker 2: No, I think he sees it as a benefit, yeah, 131 00:05:57,640 --> 00:05:58,799 Speaker 2: which it mostly is EV. 132 00:05:58,720 --> 00:05:59,640 Speaker 4: Credits to go away. 133 00:06:00,200 --> 00:06:02,920 Speaker 2: That is hurting his competitors more than it hurts him. 134 00:06:03,279 --> 00:06:05,040 Speaker 2: And you know, I do think it's important to remember, 135 00:06:05,080 --> 00:06:09,760 Speaker 2: like Tesla benefited from huge amounts of government cash. They 136 00:06:09,800 --> 00:06:13,239 Speaker 2: were really on the verge of going under, and Elan 137 00:06:13,400 --> 00:06:17,520 Speaker 2: personally begged the Obama administration the elans the emails that 138 00:06:17,560 --> 00:06:17,960 Speaker 2: he wants. 139 00:06:18,000 --> 00:06:18,960 Speaker 4: The emails have been. 140 00:06:18,839 --> 00:06:21,960 Speaker 2: Released of him really hat in hand, like we have 141 00:06:22,040 --> 00:06:24,400 Speaker 2: to get this loan that enables them to be able 142 00:06:24,400 --> 00:06:26,360 Speaker 2: to buy the factory in Fremont and live to fight 143 00:06:26,440 --> 00:06:30,239 Speaker 2: another day and build up this you know, successful car company. 144 00:06:30,320 --> 00:06:32,000 Speaker 2: The other thing I didn't realize, this is all from 145 00:06:32,000 --> 00:06:34,720 Speaker 2: those Washington Post reporting. The other thing I didn't realize 146 00:06:34,920 --> 00:06:38,920 Speaker 2: is a third of Tesla revenue actually comes from selling 147 00:06:39,120 --> 00:06:40,760 Speaker 2: these like EV credits. 148 00:06:40,800 --> 00:06:42,080 Speaker 4: And it's not just federal. 149 00:06:42,160 --> 00:06:44,280 Speaker 2: A lot of that is state too, because California, of 150 00:06:44,279 --> 00:06:49,160 Speaker 2: course has very stringent emission requirements, and so Tesla as 151 00:06:49,200 --> 00:06:53,600 Speaker 2: an EV zero emissions. They can then sell their credits 152 00:06:53,640 --> 00:06:57,599 Speaker 2: to other automakers who need to, you know, be able 153 00:06:57,640 --> 00:07:01,440 Speaker 2: to lower their emissions, so they they sell and trade 154 00:07:01,720 --> 00:07:04,159 Speaker 2: these credits on the market. That makes up about a 155 00:07:04,160 --> 00:07:06,200 Speaker 2: third of their revenue. In fact, the first year that 156 00:07:06,240 --> 00:07:09,400 Speaker 2: Tesla was profitable at all, it was all because of 157 00:07:09,440 --> 00:07:13,720 Speaker 2: these state and federal credits that they were able to sell. So, 158 00:07:14,080 --> 00:07:16,120 Speaker 2: I mean, this is really the story of Elon. He 159 00:07:16,200 --> 00:07:23,600 Speaker 2: benefited massively from government taxpayer subsidies, dollars, loans, contracts, et cetera. 160 00:07:24,080 --> 00:07:27,160 Speaker 2: But now that he's made it into this post position, 161 00:07:27,560 --> 00:07:29,080 Speaker 2: he wants to pull up the ladder and make sure 162 00:07:29,120 --> 00:07:31,680 Speaker 2: that other companies can't also benefit from that kind of 163 00:07:31,720 --> 00:07:34,400 Speaker 2: industrial policy, which is why he would be perfectly happy 164 00:07:34,720 --> 00:07:37,200 Speaker 2: to see the EV tax credits go away, because he 165 00:07:37,240 --> 00:07:40,640 Speaker 2: thinks that will hobble his competitors here domestically. Now, I'm 166 00:07:40,680 --> 00:07:42,280 Speaker 2: sure what he doesn't want to see the go away 167 00:07:42,400 --> 00:07:44,240 Speaker 2: are the ban. 168 00:07:44,240 --> 00:07:45,680 Speaker 4: On importing BYD's. 169 00:07:45,720 --> 00:07:48,680 Speaker 2: I think that he will make sure that that restriction 170 00:07:48,840 --> 00:07:50,440 Speaker 2: on the market stays in place. 171 00:07:50,800 --> 00:07:53,000 Speaker 3: For me, it's out about this, It's just it's true. 172 00:07:53,040 --> 00:07:55,120 Speaker 3: We just can't allow that if we're going to destroy 173 00:07:55,200 --> 00:07:57,520 Speaker 3: our entire car market. I mean, if you and this 174 00:07:57,560 --> 00:08:00,560 Speaker 3: is one of those where the car industry in America 175 00:08:00,640 --> 00:08:03,880 Speaker 3: is maddening and yet necessary, both from a job's perspective 176 00:08:03,920 --> 00:08:07,840 Speaker 3: but just from the ability to manufacture. I personally, if 177 00:08:07,840 --> 00:08:10,360 Speaker 3: I had the choice, there's no question in my mind, 178 00:08:10,440 --> 00:08:13,720 Speaker 3: I'm buying Jaumi or byd but I'm not going to 179 00:08:14,400 --> 00:08:16,640 Speaker 3: like as an American consumer. And this is where I'll 180 00:08:16,640 --> 00:08:18,840 Speaker 3: even argue against my own freedom. I shouldn't be allowed 181 00:08:18,840 --> 00:08:22,160 Speaker 3: to because our manufacturing sector, those jobs, it's just too 182 00:08:22,160 --> 00:08:25,360 Speaker 3: important to the United States and to our future defense capacity. 183 00:08:25,400 --> 00:08:28,240 Speaker 3: And I don't begrudge the Chinese, you know good. If anything, 184 00:08:28,320 --> 00:08:31,440 Speaker 3: I admire you your ability to prop that up in 185 00:08:31,480 --> 00:08:32,720 Speaker 3: a fifteen year period. 186 00:08:32,760 --> 00:08:33,679 Speaker 1: We can learn from it. 187 00:08:33,720 --> 00:08:36,319 Speaker 3: We should absolutely study it and see what we can 188 00:08:36,360 --> 00:08:38,840 Speaker 3: do to copy it. But yeah, I mean, this is 189 00:08:38,880 --> 00:08:41,000 Speaker 3: not even about Tesla. I'm just like, we cannot let 190 00:08:41,000 --> 00:08:44,719 Speaker 3: these companies go bankrupt. Like World War Two is often overused, 191 00:08:44,800 --> 00:08:46,719 Speaker 3: but you know, if you look back in the day, 192 00:08:46,800 --> 00:08:49,640 Speaker 3: the ability for those GM factories to overnight go switch 193 00:08:49,720 --> 00:08:52,920 Speaker 3: to war production is super important. And when you lose that, 194 00:08:52,960 --> 00:08:55,080 Speaker 3: then you become the country that we are right now, 195 00:08:55,120 --> 00:08:56,640 Speaker 3: which is a husk of what it used to be, 196 00:08:56,880 --> 00:08:59,840 Speaker 3: that produces nothing and has twenty five percent of its 197 00:08:59,840 --> 00:09:05,040 Speaker 3: g riding on Jensen Wang's motorcycle jacket, which I don't 198 00:09:05,040 --> 00:09:05,880 Speaker 3: want to lift in that world. 199 00:09:05,960 --> 00:09:08,000 Speaker 2: Yeah right, No, I don't even I don't disagree with you. 200 00:09:08,040 --> 00:09:10,800 Speaker 2: I don't even disagree with elon getting that loan at 201 00:09:10,800 --> 00:09:13,240 Speaker 2: Tesla aut a time when he needed it, because I no, 202 00:09:13,360 --> 00:09:15,720 Speaker 2: I think it should have come with requirements for like 203 00:09:15,880 --> 00:09:16,760 Speaker 2: sure workers. 204 00:09:16,440 --> 00:09:17,840 Speaker 4: Do you unionize? And things like that. 205 00:09:18,320 --> 00:09:21,120 Speaker 2: What I object to is that the industrial policy he 206 00:09:21,200 --> 00:09:24,600 Speaker 2: benefited from he wants to now shut off the tap 207 00:09:24,720 --> 00:09:28,440 Speaker 2: and spigot when it comes to his competitors. So in 208 00:09:28,480 --> 00:09:31,199 Speaker 2: any case, there's another piece of this that is really important, 209 00:09:31,240 --> 00:09:34,439 Speaker 2: which is Ryan and Dropsite did a fantastic job breaking 210 00:09:34,440 --> 00:09:38,760 Speaker 2: the story about this supposed four hundred million dollar contract 211 00:09:39,080 --> 00:09:42,840 Speaker 2: for armored Tesla's coming out of the State Department. So 212 00:09:43,160 --> 00:09:45,040 Speaker 2: you know, they just looked at like the list of 213 00:09:45,040 --> 00:09:47,800 Speaker 2: procurements whatever, they see this contract the largest line item 214 00:09:47,880 --> 00:09:50,480 Speaker 2: and lo and behold it is for Tesla's four in 215 00:09:50,480 --> 00:09:52,920 Speaker 2: a million dollars, the largest contract coming out of the 216 00:09:52,920 --> 00:09:55,880 Speaker 2: State Department. So let's put the story up on the screen. 217 00:09:55,920 --> 00:09:58,720 Speaker 2: This was Ryan's original story, now updated. It says armored 218 00:09:58,720 --> 00:10:01,480 Speaker 2: Tesla was forecast to win four hundred million dollar State 219 00:10:01,480 --> 00:10:03,800 Speaker 2: Department contract after Trump's election. 220 00:10:04,440 --> 00:10:07,480 Speaker 4: So after this was discovered. 221 00:10:07,440 --> 00:10:10,880 Speaker 2: Then they went in and changed the language so no 222 00:10:10,920 --> 00:10:14,280 Speaker 2: longer said Tesla, it said armored electric vehicles. 223 00:10:14,840 --> 00:10:16,080 Speaker 4: Then the story was. 224 00:10:16,240 --> 00:10:21,959 Speaker 2: That, oh, actually this was initiated during the Biden administration, 225 00:10:22,600 --> 00:10:26,000 Speaker 2: and the number wasn't four hundred million, it's really four 226 00:10:26,080 --> 00:10:28,880 Speaker 2: hundred eight thousand something like that. So that was their 227 00:10:28,920 --> 00:10:31,160 Speaker 2: story as like, oh, actually this started under the Biden 228 00:10:31,200 --> 00:10:34,000 Speaker 2: administration and we didn't have anything to do with it, 229 00:10:34,200 --> 00:10:36,480 Speaker 2: and this isn't going to happen anyway. 230 00:10:37,360 --> 00:10:39,200 Speaker 4: Now we have another piece of the story. 231 00:10:39,520 --> 00:10:42,160 Speaker 2: But NPR did this reporting up on the screen, so 232 00:10:42,280 --> 00:10:45,560 Speaker 2: they were able to obtain the original State Department document 233 00:10:45,920 --> 00:10:48,719 Speaker 2: that shows the Biden administration was not awarding a four 234 00:10:48,800 --> 00:10:51,920 Speaker 2: hundred million dollar contract. They were awarding only four hundred 235 00:10:52,000 --> 00:10:57,000 Speaker 2: eighty three thousand, and sometime after Trump was inaugurated, that 236 00:10:57,080 --> 00:11:00,000 Speaker 2: amount got boosted from four hundred and eighty three thousd 237 00:11:00,040 --> 00:11:05,200 Speaker 2: thousand to four hundred million. So either this is an 238 00:11:05,280 --> 00:11:09,240 Speaker 2: extraordinary clerical era error that just happened to anore to 239 00:11:09,280 --> 00:11:11,640 Speaker 2: the tune of hundreds of millions of dollars to the 240 00:11:11,720 --> 00:11:15,920 Speaker 2: dude who is currently running the federal government, or they 241 00:11:16,000 --> 00:11:19,440 Speaker 2: intentionally went in to try to funnel hundreds of millions 242 00:11:19,480 --> 00:11:23,040 Speaker 2: of dollars into Tesla and basically got caught. Now, this 243 00:11:23,120 --> 00:11:25,760 Speaker 2: amount of money, by the way, just so you understand 244 00:11:25,840 --> 00:11:27,880 Speaker 2: how much this is in the context of these State 245 00:11:27,920 --> 00:11:31,320 Speaker 2: Department armored vehicles, and this would be to like armor 246 00:11:31,400 --> 00:11:33,560 Speaker 2: up cyber trucks. A bunch of experts said, this may 247 00:11:33,600 --> 00:11:35,600 Speaker 2: not even make sense to use cyber trucks for this 248 00:11:36,200 --> 00:11:39,760 Speaker 2: purpose anyway, but putting that aside, this would mean that 249 00:11:39,840 --> 00:11:45,520 Speaker 2: they were replacing all three thousand armored cars and SUVs 250 00:11:45,679 --> 00:11:49,000 Speaker 2: around the world that are used to transport diplomats, VIPs 251 00:11:49,080 --> 00:11:52,439 Speaker 2: other officials working for the State Department, replacing all of 252 00:11:52,480 --> 00:11:56,440 Speaker 2: them with cyber trucks, which are expensive, and then armoring them, 253 00:11:56,480 --> 00:11:59,040 Speaker 2: which is also you know another let's say eighty thousand 254 00:11:59,080 --> 00:12:00,439 Speaker 2: dollars to armor these things up. 255 00:12:00,880 --> 00:12:04,840 Speaker 4: You have to like go at that incredibly. 256 00:12:04,280 --> 00:12:06,959 Speaker 2: Maximum approach to even come close to the four hundred 257 00:12:07,040 --> 00:12:10,400 Speaker 2: million dollars that Elon was set to be, you know, 258 00:12:10,880 --> 00:12:13,320 Speaker 2: set to have sent to him. So it really looks 259 00:12:13,440 --> 00:12:17,320 Speaker 2: like a potentially massive scandal and very clear example of 260 00:12:17,559 --> 00:12:22,160 Speaker 2: self dealing and just you know, theft and robberies effectively 261 00:12:22,240 --> 00:12:25,520 Speaker 2: of the American taxpayer to take this four hundred eighty 262 00:12:25,520 --> 00:12:29,480 Speaker 2: three thousand dollars contract and just secretly boost it to 263 00:12:29,840 --> 00:12:33,559 Speaker 2: four hundred million dollars. So worth a lot more investigation 264 00:12:33,640 --> 00:12:36,120 Speaker 2: here because Like I said, it's either a very convenient 265 00:12:36,160 --> 00:12:41,240 Speaker 2: clerical error or naked robbing of the public purse by 266 00:12:41,280 --> 00:12:42,720 Speaker 2: the dude who is running the government right now. 267 00:12:42,760 --> 00:12:44,520 Speaker 3: I'm going to go with the job for DOGE. That 268 00:12:44,600 --> 00:12:46,600 Speaker 3: sounds like a good job for Doge, doesn't it. 269 00:12:48,520 --> 00:12:50,720 Speaker 4: Well, Ryan's reporting seems to spike the deal. 270 00:12:50,840 --> 00:12:53,160 Speaker 1: So and this is another thing, Ryan's journals a matter. 271 00:12:53,320 --> 00:12:55,640 Speaker 3: Ryan really is the goat in terms of his ability 272 00:12:55,640 --> 00:12:57,280 Speaker 3: to sniff some of this stuff out. And if you 273 00:12:57,320 --> 00:13:00,000 Speaker 3: think about his track record, I've been seeing it recently, 274 00:13:00,040 --> 00:13:02,720 Speaker 3: it's not only stuff like this, but the Romanian election, 275 00:13:02,880 --> 00:13:06,040 Speaker 3: I mean huge amounts of drop site reporting is responsible 276 00:13:06,120 --> 00:13:11,199 Speaker 3: for Elon himself and Mike Ben's digging into the Romanian usaid. 277 00:13:10,920 --> 00:13:14,360 Speaker 2: And it's a mention, So it's a news brand news 278 00:13:14,360 --> 00:13:16,439 Speaker 2: thing are essentially it's just incredible. 279 00:13:16,520 --> 00:13:19,679 Speaker 1: So anyway, that's what we stand Ryan here over it. 280 00:13:20,120 --> 00:13:22,880 Speaker 2: Ryan Grimm may have single handedly saved the government more 281 00:13:22,920 --> 00:13:25,720 Speaker 2: than the entire no I'm talking about here. 282 00:13:25,840 --> 00:13:27,600 Speaker 3: He could save the government here, and he could save 283 00:13:27,679 --> 00:13:29,240 Speaker 3: the government of Romania. 284 00:13:28,960 --> 00:13:29,600 Speaker 4: I'm talking about. 285 00:13:29,600 --> 00:13:32,680 Speaker 2: He's probably saved more money, like actual money, but for 286 00:13:32,720 --> 00:13:36,360 Speaker 2: the federal government than the entire DOGE must project, et cetera. 287 00:13:36,440 --> 00:13:37,160 Speaker 1: I'd be possible. 288 00:13:37,559 --> 00:13:40,320 Speaker 3: Let's blow this last one up here from USAID. This 289 00:13:40,520 --> 00:13:44,360 Speaker 3: was flagged by Pedro Gonzalez. He's always an interesting figure. 290 00:13:44,800 --> 00:13:47,280 Speaker 3: I'm not so sure though what to make this. So 291 00:13:47,320 --> 00:13:50,480 Speaker 3: he says, do you think Musk went after USAID because 292 00:13:50,520 --> 00:13:52,480 Speaker 3: of its wo it's woke or because his rival had 293 00:13:52,520 --> 00:13:55,640 Speaker 3: just recently scored its first federal contract. Is it possible 294 00:13:55,640 --> 00:13:58,040 Speaker 3: as using culture war stuff to mask an agenda? So 295 00:13:58,080 --> 00:14:00,640 Speaker 3: apparently in August of twenty twenty four, or open AI 296 00:14:00,760 --> 00:14:04,520 Speaker 3: had revealed its first agency customer for chat GPT enterprise, 297 00:14:04,520 --> 00:14:07,599 Speaker 3: which was USAID, would use the tool, and then apparently 298 00:14:07,640 --> 00:14:11,720 Speaker 3: it was canceled by the USAID cuts that were there. 299 00:14:11,880 --> 00:14:14,880 Speaker 3: I'm not so sure if that one is or is not, 300 00:14:15,200 --> 00:14:17,960 Speaker 3: you know, the agenda that Pedro flags, But it does 301 00:14:18,000 --> 00:14:20,160 Speaker 3: get to the whole idea of like conflict of interest, 302 00:14:20,240 --> 00:14:21,840 Speaker 3: you know, in the first place, it's like, if you're 303 00:14:21,840 --> 00:14:24,720 Speaker 3: going to have like personal agendas and stargate and all 304 00:14:24,720 --> 00:14:27,840 Speaker 3: this other stuff, then how can you be sure that 305 00:14:27,920 --> 00:14:31,080 Speaker 3: this is being done, you know, for correct purposes. As 306 00:14:31,160 --> 00:14:33,160 Speaker 3: I said, I'm a cloud guy, I'm not a chat 307 00:14:33,200 --> 00:14:35,800 Speaker 3: GPT person, but I would just you know ask that 308 00:14:36,000 --> 00:14:39,200 Speaker 3: we would try to reward a contract based on some 309 00:14:39,280 --> 00:14:42,200 Speaker 3: sort of competitive bid or not even have open questions. 310 00:14:42,440 --> 00:14:44,480 Speaker 1: In our mind. This isn't the biggest scandal, but it 311 00:14:44,520 --> 00:14:45,920 Speaker 1: is still important. It's still important. 312 00:14:45,960 --> 00:14:49,240 Speaker 2: It's just important to realize how many whether this was 313 00:14:49,320 --> 00:14:52,480 Speaker 2: the motivating factor for Elon going after USAID or not, 314 00:14:52,600 --> 00:14:54,920 Speaker 2: the fact that we have to question that, that's the point. 315 00:14:55,120 --> 00:14:57,720 Speaker 2: And with USAID in particular, you have that. I mean, 316 00:14:57,760 --> 00:15:00,920 Speaker 2: we know he despises Sam Altman, they're locked in legal battles. 317 00:15:00,920 --> 00:15:03,600 Speaker 2: He goes after him, they're you know, fighting over the 318 00:15:03,640 --> 00:15:06,440 Speaker 2: origin and the development of open AI, et cetera. So 319 00:15:06,440 --> 00:15:09,320 Speaker 2: there's certainly convenient for him that this contract is I'm 320 00:15:09,360 --> 00:15:12,280 Speaker 2: sure at this point completely spiked, dealing a blow to 321 00:15:12,560 --> 00:15:15,960 Speaker 2: not only someone that he has personal animus towards, but also. 322 00:15:15,760 --> 00:15:17,360 Speaker 4: To a significant competitor. 323 00:15:17,400 --> 00:15:19,600 Speaker 2: And I think Elon cares a lot about winning the 324 00:15:19,760 --> 00:15:21,040 Speaker 2: AI race himself. 325 00:15:21,360 --> 00:15:23,960 Speaker 4: So you've got that, You've got Apparently. 326 00:15:23,640 --> 00:15:27,880 Speaker 2: Usaidea was also investigating the like Starlink Ukraine situation that 327 00:15:28,000 --> 00:15:29,960 Speaker 2: was going on, so you have that as a potential 328 00:15:29,960 --> 00:15:32,440 Speaker 2: motivating factor as well. And then also, as I mentioned 329 00:15:32,440 --> 00:15:35,080 Speaker 2: to USAID was involved in like backing the end of 330 00:15:35,120 --> 00:15:37,560 Speaker 2: a party. He may hold a grudge over that as well. 331 00:15:37,720 --> 00:15:40,040 Speaker 2: We don't know, And maybe it was none of those. 332 00:15:40,120 --> 00:15:42,600 Speaker 2: Maybe none of those factored in the fact that we 333 00:15:42,680 --> 00:15:44,560 Speaker 2: have to ask and we don't know, and he has 334 00:15:44,640 --> 00:15:49,640 Speaker 2: so many personal interests intertwined in almost all of these 335 00:15:49,680 --> 00:15:53,600 Speaker 2: agencies is a problem. It's a big problem in and 336 00:15:53,640 --> 00:15:56,720 Speaker 2: of itself, and especially because Trump has just given him 337 00:15:56,760 --> 00:16:00,160 Speaker 2: free rein to really do whatever he wants. Some of 338 00:16:00,200 --> 00:16:02,600 Speaker 2: the moves do seem just naked self deal. I mean, 339 00:16:02,600 --> 00:16:05,440 Speaker 2: the four and a million dollar Tasla contract obviously nakedly 340 00:16:05,800 --> 00:16:10,080 Speaker 2: self dealing. If that was intentionally changed, that's insane, right, 341 00:16:10,160 --> 00:16:14,160 Speaker 2: insane levels of corruption. You also have attacks on very 342 00:16:14,200 --> 00:16:19,080 Speaker 2: specific offices within agencies that happen to be the ones 343 00:16:19,560 --> 00:16:22,560 Speaker 2: that were going after Tesla or going after SpaceX and 344 00:16:22,600 --> 00:16:26,960 Speaker 2: investigating them for alleged infractions and violations. So some of 345 00:16:27,000 --> 00:16:30,400 Speaker 2: it just seems very difficult to deny, especially when you 346 00:16:30,440 --> 00:16:31,840 Speaker 2: look at the overall picture. 347 00:16:34,160 --> 00:16:36,840 Speaker 3: All right, let's get to the Golden Visa. I felt 348 00:16:36,840 --> 00:16:39,680 Speaker 3: compelled to weigh on this. I did not realize that 349 00:16:39,680 --> 00:16:42,080 Speaker 3: that Ryan and Emily were going to be so supportive 350 00:16:42,080 --> 00:16:44,160 Speaker 3: of what I think is such a trash program. So 351 00:16:44,600 --> 00:16:49,040 Speaker 3: let's go ahead and play Trump's words first about how 352 00:16:49,080 --> 00:16:50,720 Speaker 3: this is all going to work, and then. 353 00:16:50,720 --> 00:16:52,440 Speaker 1: I will give you some analysis. Let's take a listen. 354 00:16:52,680 --> 00:16:55,520 Speaker 5: Does this reflect a view on your port that the 355 00:16:55,560 --> 00:16:59,400 Speaker 5: American immigration system has never been properly monetized as you 356 00:16:59,440 --> 00:17:00,200 Speaker 5: feel should. 357 00:17:00,960 --> 00:17:04,080 Speaker 6: Well, not so much monetized, it hasn't been properly run. 358 00:17:05,000 --> 00:17:08,280 Speaker 6: I get calls from as an example of companies where 359 00:17:08,560 --> 00:17:12,000 Speaker 6: they want to hire the number one student at a school. 360 00:17:12,280 --> 00:17:19,480 Speaker 6: A person comes from India, China, Japan, lots of different places, 361 00:17:19,600 --> 00:17:23,440 Speaker 6: and they go to Harvard, the Wharton School of Finance, 362 00:17:23,560 --> 00:17:26,720 Speaker 6: they go to Yale, they go to all great schools, 363 00:17:26,800 --> 00:17:30,160 Speaker 6: and they graduate number one on their class and they're 364 00:17:30,480 --> 00:17:34,439 Speaker 6: made job offers. But the offers immediately rescinded because you 365 00:17:34,480 --> 00:17:36,680 Speaker 6: have no idea whether or not that person can stay 366 00:17:36,680 --> 00:17:38,159 Speaker 6: in the country. I want to be able to have 367 00:17:38,240 --> 00:17:41,360 Speaker 6: that person stay in the country. These companies can go 368 00:17:41,400 --> 00:17:44,879 Speaker 6: and buy a gold card and they can use it 369 00:17:44,920 --> 00:17:47,600 Speaker 6: as a matter of recruitment. At the same time, the 370 00:17:47,680 --> 00:17:50,719 Speaker 6: company is using that money to pay down debt. We're 371 00:17:50,760 --> 00:17:52,119 Speaker 6: going to pay down a lot of debt with that, 372 00:17:52,680 --> 00:17:55,439 Speaker 6: and I think the gold card is going to be 373 00:17:55,560 --> 00:17:57,520 Speaker 6: used by not only for that, I mean they'll be 374 00:17:57,640 --> 00:18:00,280 Speaker 6: used by companies. I mean I could see Apple. I've 375 00:18:00,320 --> 00:18:02,239 Speaker 6: spoken with Tim Cook and by the way, he's going 376 00:18:02,280 --> 00:18:05,399 Speaker 6: to make a five hundred billion dollar investment in the 377 00:18:05,440 --> 00:18:08,600 Speaker 6: country only because of the results of the election. And 378 00:18:08,640 --> 00:18:10,920 Speaker 6: I will tell you the people that can pay five 379 00:18:10,960 --> 00:18:12,680 Speaker 6: men and they're going to create jobs, they're going to 380 00:18:12,720 --> 00:18:14,840 Speaker 6: spend a lot of money on jobs. They're going to 381 00:18:14,840 --> 00:18:16,800 Speaker 6: have to pay taxes on that too, So they're going 382 00:18:16,800 --> 00:18:18,919 Speaker 6: to be hiring people, They're going to be bringing people 383 00:18:18,920 --> 00:18:19,919 Speaker 6: in and companies in. 384 00:18:20,320 --> 00:18:22,240 Speaker 1: Okay, So let me just go off on this a 385 00:18:22,280 --> 00:18:24,840 Speaker 1: little bit. So let me give you guys a list. 386 00:18:24,600 --> 00:18:27,240 Speaker 3: Of the company the countries that currently have so called 387 00:18:27,280 --> 00:18:28,159 Speaker 3: golden visas. 388 00:18:28,200 --> 00:18:29,600 Speaker 1: This is not a novel idea. 389 00:18:29,720 --> 00:18:33,080 Speaker 3: It already exists across Europe and most Caribbean nations. So 390 00:18:33,119 --> 00:18:37,119 Speaker 3: we've got Portugal, Spain, Greece, Malta, Cyprus, Ireland, Italy, we 391 00:18:37,240 --> 00:18:43,200 Speaker 3: have Saint Kitts and Nevitz, Dominica, Grenada, Antigua, Barbuda, Saint Lucia, 392 00:18:43,760 --> 00:18:46,679 Speaker 3: and then there are a few other countries kind of 393 00:18:46,800 --> 00:18:49,720 Speaker 3: like in America where we have something called investment programs 394 00:18:49,720 --> 00:18:53,240 Speaker 3: and others in Australia and New Zealand in Singapore as well. 395 00:18:53,400 --> 00:18:56,600 Speaker 3: Now what do all of these countries have in common. 396 00:18:56,680 --> 00:19:01,800 Speaker 3: They are either failing European nations with massively high unemployment 397 00:19:01,880 --> 00:19:05,720 Speaker 3: rate which are selling access to Russian oligarchs and or 398 00:19:05,840 --> 00:19:08,520 Speaker 3: rich businessmen across the world to the Shanngan area and 399 00:19:08,520 --> 00:19:11,600 Speaker 3: to the protection of the European Union. Or they are 400 00:19:11,680 --> 00:19:15,919 Speaker 3: tiny little Caribbean nations which are basically selling citizenship for 401 00:19:16,080 --> 00:19:19,480 Speaker 3: tax haven purposes. For it's mostly used by crypto people 402 00:19:19,520 --> 00:19:22,040 Speaker 3: and or others who want to escape the grid. Now, 403 00:19:22,080 --> 00:19:25,679 Speaker 3: why would you auction off the most powerful passport in 404 00:19:25,720 --> 00:19:29,920 Speaker 3: the world for five million dollars to a global elite 405 00:19:29,920 --> 00:19:33,520 Speaker 3: class whose only purpose of buying the so called Golden 406 00:19:33,600 --> 00:19:36,959 Speaker 3: Visa would be to use the United States as a 407 00:19:37,000 --> 00:19:40,399 Speaker 3: tax haven for their ill gotten gains and or to 408 00:19:40,600 --> 00:19:44,120 Speaker 3: launder money in our country. Now maybe you could justify that, 409 00:19:44,200 --> 00:19:49,359 Speaker 3: but we already have a massive problem here of specifically, 410 00:19:49,400 --> 00:19:55,119 Speaker 3: these types of global individuals who rape their country's economies 411 00:19:55,480 --> 00:19:58,199 Speaker 3: bring it here for what purpose? To park money in 412 00:19:58,240 --> 00:20:00,919 Speaker 3: the world's greatest and safest economy. So let me give 413 00:20:00,960 --> 00:20:04,760 Speaker 3: you guys some figures in Miami. Today, twenty to twenty 414 00:20:04,800 --> 00:20:07,720 Speaker 3: five percent of Miami's real estate market is owned by 415 00:20:07,760 --> 00:20:10,679 Speaker 3: foreign nationals. In New York City, it's ten to fifteen 416 00:20:10,720 --> 00:20:13,880 Speaker 3: percent of the overall market. In Los Angeles it's five 417 00:20:13,920 --> 00:20:16,480 Speaker 3: to ten percent. In luxury areas, it's actually more like 418 00:20:16,520 --> 00:20:17,639 Speaker 3: fifteen to twenty percent. 419 00:20:18,000 --> 00:20:19,560 Speaker 1: All of these are held. 420 00:20:19,440 --> 00:20:22,200 Speaker 3: Specifically by the types of shady characters that we don't 421 00:20:22,400 --> 00:20:25,439 Speaker 3: want in our country. So this is part of the 422 00:20:25,440 --> 00:20:29,760 Speaker 3: problem that we have in terms of our amazing cities, 423 00:20:29,800 --> 00:20:34,679 Speaker 3: places like San Diego, Los Angeles, you know, Miami, New 424 00:20:34,800 --> 00:20:38,080 Speaker 3: York City, places Americans maybe should be allowed to live, 425 00:20:38,280 --> 00:20:41,760 Speaker 3: are dominantly you know, driven especially at the luxury level, 426 00:20:41,920 --> 00:20:45,880 Speaker 3: by these filthy rich foreign nationals. It's not fair both 427 00:20:45,920 --> 00:20:48,119 Speaker 3: to the Americans who you know, make this country and 428 00:20:48,240 --> 00:20:51,280 Speaker 3: or hold this citizenship, but worse, the type of person 429 00:20:51,480 --> 00:20:55,640 Speaker 3: who buys the Golden visa is the exact opposite of 430 00:20:55,720 --> 00:20:58,199 Speaker 3: like who you would want, and it also perverts the 431 00:20:58,280 --> 00:21:01,960 Speaker 3: idea of citizenship itself. Citizenship is not supposed to be 432 00:21:02,320 --> 00:21:05,840 Speaker 3: bought and sold like an auctioneer's passport. The purpose of 433 00:21:05,880 --> 00:21:09,439 Speaker 3: a citizen is to have obligation to the country, not 434 00:21:09,640 --> 00:21:12,880 Speaker 3: just to look at it as some sort of tax purpose. Now, 435 00:21:12,920 --> 00:21:15,600 Speaker 3: if the Caribbean nations and all that want to do that, fine, 436 00:21:15,600 --> 00:21:17,879 Speaker 3: you know that you guys got to make money somehow. 437 00:21:17,880 --> 00:21:20,800 Speaker 3: We are the world's richest and most powerful nation. So 438 00:21:21,040 --> 00:21:23,840 Speaker 3: that's my long screed. The Golden Visa is a preposterous 439 00:21:23,840 --> 00:21:28,480 Speaker 3: and stupid idea. The current Investment Visa is plenty fine 440 00:21:28,800 --> 00:21:32,800 Speaker 3: because it actually requires business investment, which would allow job 441 00:21:32,880 --> 00:21:34,800 Speaker 3: creation and all of that to happen. That's the way 442 00:21:34,840 --> 00:21:37,280 Speaker 3: that Australia and a few other countries do it. But 443 00:21:37,720 --> 00:21:41,280 Speaker 3: even then again, I have seen this program so perverted 444 00:21:41,640 --> 00:21:44,920 Speaker 3: by the ultra rich, like Olive art class. 445 00:21:44,600 --> 00:21:45,520 Speaker 1: And in America. 446 00:21:45,600 --> 00:21:47,359 Speaker 3: If we're going to sell our passport, this is my 447 00:21:47,400 --> 00:21:49,919 Speaker 3: final thing, we need to be a much bigger number 448 00:21:49,920 --> 00:21:54,000 Speaker 3: than five. It needs to be like a hundred, and 449 00:21:54,080 --> 00:21:56,359 Speaker 3: that money needs to have a proven track record of 450 00:21:56,440 --> 00:21:59,520 Speaker 3: actually going to its citizens. And they shouldn't be allowed 451 00:21:59,520 --> 00:22:01,320 Speaker 3: to buy up a shit ton of real estate. So 452 00:22:01,359 --> 00:22:03,560 Speaker 3: that's the end of my long runt. I just think 453 00:22:03,560 --> 00:22:06,760 Speaker 3: it's disaster. It will massively if this were to go 454 00:22:07,119 --> 00:22:11,200 Speaker 3: into effect. Can you imagine the real estate markets in 455 00:22:11,359 --> 00:22:16,119 Speaker 3: Los Angeles, in Chicago, in Miami, here in Washington, d C. 456 00:22:16,280 --> 00:22:18,359 Speaker 3: What do you think these people are going to do? 457 00:22:18,640 --> 00:22:22,040 Speaker 3: American real estate is the gold standard market of the world. 458 00:22:22,080 --> 00:22:24,760 Speaker 3: That's why they already parked their cash here through all 459 00:22:24,800 --> 00:22:27,720 Speaker 3: these shady LLCs. We don't need your money, you know, 460 00:22:27,800 --> 00:22:30,560 Speaker 3: we don't need you you know at all. You guys 461 00:22:30,560 --> 00:22:33,160 Speaker 3: can stay in cibrists or wherever the hell you're from. 462 00:22:33,240 --> 00:22:35,400 Speaker 2: Yeah, I mean, this is another This is like sort 463 00:22:35,440 --> 00:22:39,439 Speaker 2: of an extractive parasite class of global elites. And to 464 00:22:39,480 --> 00:22:42,960 Speaker 2: your point, I'll just add this. In Spain they actually 465 00:22:43,000 --> 00:22:46,560 Speaker 2: have rolled back their Golden visa program, which was initially 466 00:22:46,560 --> 00:22:50,280 Speaker 2: put into place in like twenty thirteen. And the reason 467 00:22:50,520 --> 00:22:52,639 Speaker 2: that it became really unpopular and they rolled it back 468 00:22:52,760 --> 00:22:55,280 Speaker 2: is because of exactly what you said. It was associated 469 00:22:55,320 --> 00:22:58,359 Speaker 2: with like criminality and money laundering, and it helped you 470 00:22:58,440 --> 00:23:02,840 Speaker 2: drive up the already high prices of housing in major cities. So, 471 00:23:03,000 --> 00:23:04,720 Speaker 2: I mean, this has already been somewhat of a problem 472 00:23:04,720 --> 00:23:07,200 Speaker 2: in places like Miami and New York, where so many 473 00:23:07,240 --> 00:23:11,240 Speaker 2: of the condos are just permanently vacant because they're owned 474 00:23:11,240 --> 00:23:14,760 Speaker 2: by these various oligarch like billionaires from around the world 475 00:23:14,960 --> 00:23:18,000 Speaker 2: who are never there. So it really does sort of 476 00:23:18,320 --> 00:23:22,360 Speaker 2: you know, strip the vitality out of communities. It drives 477 00:23:22,440 --> 00:23:26,520 Speaker 2: housing prices up and encourages and facilitates illegal activity. 478 00:23:26,640 --> 00:23:27,800 Speaker 4: So not a great direction. 479 00:23:27,960 --> 00:23:29,359 Speaker 3: Yeah, I just can't stand it, you know, I was 480 00:23:29,400 --> 00:23:31,920 Speaker 3: thinking about it if you want to now I don't. 481 00:23:31,920 --> 00:23:34,959 Speaker 1: I'm not saying everybody should be able to retire or whatever. 482 00:23:35,040 --> 00:23:38,240 Speaker 3: But in the most beautiful place in America, I acknowledge 483 00:23:38,280 --> 00:23:41,359 Speaker 3: supply and command. But when you look at the most 484 00:23:41,600 --> 00:23:44,640 Speaker 3: at the Crown jewel places in the United States, places 485 00:23:44,760 --> 00:23:47,800 Speaker 3: like La Joya in San Diego, and the average home 486 00:23:47,840 --> 00:23:49,119 Speaker 3: price is like seven. 487 00:23:48,920 --> 00:23:51,600 Speaker 1: Million dollars, You're like, okay, so who the fuck are you? 488 00:23:51,600 --> 00:23:53,520 Speaker 3: You know, it's like and you start digging into it, yeah, 489 00:23:53,600 --> 00:23:56,080 Speaker 3: and you're like, oh, so a bunch of Saudi's own this, 490 00:23:56,080 --> 00:23:58,120 Speaker 3: this and this same thing. 491 00:23:58,280 --> 00:23:59,120 Speaker 1: In Beverly Hills. 492 00:23:59,119 --> 00:24:01,200 Speaker 3: They literally make a joke about it over there about 493 00:24:01,200 --> 00:24:03,760 Speaker 3: all the people there are from Saudi Arabia or who 494 00:24:03,840 --> 00:24:07,240 Speaker 3: are foreign nationals who'd use it as some sort of plaything. 495 00:24:07,359 --> 00:24:09,280 Speaker 1: Do you think it should be a plaything? My modest 496 00:24:09,320 --> 00:24:10,119 Speaker 1: ask is it should be. 497 00:24:10,119 --> 00:24:13,680 Speaker 3: A plaything at least of American entrepreneurs, okay, and not 498 00:24:13,760 --> 00:24:16,320 Speaker 3: necessarily of the global elite class. 499 00:24:16,359 --> 00:24:18,560 Speaker 1: We've basically same with Miami. I love Miami. I think 500 00:24:18,560 --> 00:24:20,320 Speaker 1: it's a cool place. Wouldn't want to live there, but 501 00:24:20,320 --> 00:24:20,879 Speaker 1: it's nice. 502 00:24:21,280 --> 00:24:24,800 Speaker 3: Should it really just be the playground of South American 503 00:24:25,040 --> 00:24:29,119 Speaker 3: criminals and or like oligarchs who are afraid that the 504 00:24:29,280 --> 00:24:32,800 Speaker 3: Argentinian or Brazilian government could fall and seize their money 505 00:24:33,000 --> 00:24:33,640 Speaker 3: at any time. 506 00:24:33,760 --> 00:24:36,600 Speaker 1: No, yeah, it's not right. And then people what happens. 507 00:24:36,720 --> 00:24:38,480 Speaker 3: You start to get pushed out more and more and more, 508 00:24:38,680 --> 00:24:41,840 Speaker 3: and your city just becomes like a haven and extractive 509 00:24:41,880 --> 00:24:45,080 Speaker 3: place where people drive in from the burbs to serve 510 00:24:45,240 --> 00:24:47,359 Speaker 3: some Chilean oligarch. 511 00:24:47,560 --> 00:24:49,960 Speaker 1: It's like, that's not how America is. 512 00:24:50,000 --> 00:24:52,320 Speaker 3: Not a thing works, it's not a real city, has 513 00:24:52,320 --> 00:24:56,040 Speaker 3: no character and that or it becomes like ultra segregated 514 00:24:56,080 --> 00:24:58,640 Speaker 3: and in some sort what's that movie I'm thinking of 515 00:24:58,880 --> 00:25:01,919 Speaker 3: the Matt Damonfield Elysium, Elysium, it becomes some sort of 516 00:25:01,960 --> 00:25:05,280 Speaker 3: elysium type place. That's already the case in my opinion 517 00:25:05,520 --> 00:25:08,639 Speaker 3: for all of America's gray cities. They're completely unaccessible to 518 00:25:08,880 --> 00:25:11,359 Speaker 3: even people in the top five percent, let alone the 519 00:25:11,400 --> 00:25:13,000 Speaker 3: top two percent of wealth. 520 00:25:13,040 --> 00:25:14,120 Speaker 1: It's outrageous. 521 00:25:14,160 --> 00:25:17,560 Speaker 3: So that's my my modest proposal is America should be 522 00:25:17,560 --> 00:25:20,960 Speaker 3: a place that Americans can afford and or have, like 523 00:25:21,200 --> 00:25:26,120 Speaker 3: somewhat aspirations to Beverly Hills, San Diego, all these other places. 524 00:25:26,119 --> 00:25:27,960 Speaker 1: Good luck. You know, it's like it's it's not going 525 00:25:28,040 --> 00:25:28,399 Speaker 1: to happen. 526 00:25:28,480 --> 00:25:30,600 Speaker 3: You could be filthy rich and you're still competing against 527 00:25:30,640 --> 00:25:31,520 Speaker 3: some Saudi prints. 528 00:25:31,640 --> 00:25:32,560 Speaker 1: I just don't think it's right. 529 00:25:32,600 --> 00:25:35,680 Speaker 3: And that's the problem I have with this Golden Visa program. 530 00:25:35,680 --> 00:25:37,119 Speaker 3: And as you said, a lot of the places that 531 00:25:37,160 --> 00:25:39,280 Speaker 3: have implemented them, they hate the type of people that 532 00:25:39,359 --> 00:25:39,919 Speaker 3: end up buying this. 533 00:25:40,160 --> 00:25:42,200 Speaker 2: It's been Portugal hasn't liked it either. The EU is 534 00:25:42,240 --> 00:25:43,760 Speaker 2: really discouraging it because. 535 00:25:43,560 --> 00:25:46,800 Speaker 3: Right because you're selling access to the European Union. 536 00:25:46,600 --> 00:25:48,240 Speaker 2: I mean, you're just basically selling out your country. And 537 00:25:48,280 --> 00:25:50,399 Speaker 2: then it also has not like raised that if Trump's 538 00:25:50,400 --> 00:25:52,159 Speaker 2: all it's going to raise trili I No, it's not 539 00:25:52,400 --> 00:25:55,199 Speaker 2: like that has also not panned out in any of 540 00:25:55,200 --> 00:25:56,200 Speaker 2: the countries that I've tried it. 541 00:25:56,240 --> 00:25:58,359 Speaker 3: What's about so I don't need some Russian oligarch or 542 00:25:58,359 --> 00:26:00,520 Speaker 3: whatever coming over here and buying even more property in 543 00:26:00,520 --> 00:26:05,119 Speaker 3: Williamsburg or Tribeca or Manhattan. Those places are plenty expensive. 544 00:26:05,520 --> 00:26:07,480 Speaker 3: As it is anyway, all right, So that my rant 545 00:26:07,560 --> 00:26:10,320 Speaker 3: is over. Screw the Golden visa. We don't need it. 546 00:26:10,400 --> 00:26:13,640 Speaker 3: You guys can stay wherever you are. Let's get to Southwest. 547 00:26:13,840 --> 00:26:14,080 Speaker 5: Yeah. 548 00:26:14,240 --> 00:26:18,000 Speaker 2: So, air travel has been obviously a consistent concern over 549 00:26:18,000 --> 00:26:20,600 Speaker 2: the past several months and even going back years, we've 550 00:26:20,640 --> 00:26:24,280 Speaker 2: been tracking how the decline and air safety and how 551 00:26:24,320 --> 00:26:27,600 Speaker 2: nervous people are now to fly. And this image I'm 552 00:26:27,640 --> 00:26:28,840 Speaker 2: about to show you is not going to make you 553 00:26:28,880 --> 00:26:30,000 Speaker 2: any less nervous. 554 00:26:30,040 --> 00:26:31,359 Speaker 4: Let's put this up on the screen. 555 00:26:31,600 --> 00:26:35,040 Speaker 2: This is a near collision as the Southwest plane is 556 00:26:35,160 --> 00:26:39,520 Speaker 2: landing at Chicago Midway Airport and just as it's about 557 00:26:39,560 --> 00:26:42,600 Speaker 2: to touch on the ground, it has to pull back 558 00:26:42,680 --> 00:26:48,240 Speaker 2: up to avoid this frickin private jet that then is 559 00:26:48,400 --> 00:26:52,280 Speaker 2: taxiing down the runway in front of it. So quick 560 00:26:52,320 --> 00:26:55,640 Speaker 2: thinking and quick acting by this Southwest pilot. 561 00:26:55,400 --> 00:26:56,200 Speaker 4: Kudos to them. 562 00:26:56,480 --> 00:26:58,960 Speaker 2: You can see it here in slow mo just how 563 00:26:59,080 --> 00:27:03,119 Speaker 2: close they are to a horrific collision. But that was 564 00:27:03,160 --> 00:27:06,639 Speaker 2: not the only incident where this occurred. Within ninety minutes, 565 00:27:06,680 --> 00:27:08,119 Speaker 2: and we could put this next piece up on the 566 00:27:08,200 --> 00:27:11,040 Speaker 2: screen with some of the details here. Within the span 567 00:27:11,119 --> 00:27:15,280 Speaker 2: of ninety minutes on Tuesday, morning. Two airplanes, one at 568 00:27:15,480 --> 00:27:18,760 Speaker 2: Reagan National which was just the site of that horrific 569 00:27:18,960 --> 00:27:23,080 Speaker 2: deadly passenger plane crash just a couple weeks ago, and 570 00:27:23,240 --> 00:27:26,000 Speaker 2: the one we just showed you at Chicago's Midway International Airport. 571 00:27:26,320 --> 00:27:30,480 Speaker 2: Both were forced to abort landings to avoid collisions, according 572 00:27:30,480 --> 00:27:33,960 Speaker 2: to Federal aviation officials. So an American Airlines flight that 573 00:27:34,040 --> 00:27:36,640 Speaker 2: was arriving at National Airport from Boston was making its 574 00:27:36,640 --> 00:27:39,600 Speaker 2: final descent, suddenly had to cancel its landing, climbed toward 575 00:27:39,640 --> 00:27:42,160 Speaker 2: the skies, accelerated away from the airport. The last minute 576 00:27:42,160 --> 00:27:45,040 Speaker 2: move allowed it to avoid colliding with another plane that 577 00:27:45,160 --> 00:27:47,560 Speaker 2: was about to take off from the same runway, And 578 00:27:47,600 --> 00:27:50,560 Speaker 2: that's according to the FAA. The airplanes pilots were told 579 00:27:50,600 --> 00:27:52,840 Speaker 2: to scrap the landing by an air traffic controller to 580 00:27:52,920 --> 00:27:57,280 Speaker 2: ensure separation was maintained. And then the incident that you 581 00:27:57,359 --> 00:27:59,760 Speaker 2: just saw around eight fifty am Central time, the pilots 582 00:27:59,800 --> 00:28:02,240 Speaker 2: of suth West Airlines flight two five oh four, traveling 583 00:28:02,280 --> 00:28:05,560 Speaker 2: from Omaha had to cancel the planes landing at Chicago 584 00:28:05,600 --> 00:28:09,720 Speaker 2: Midway after a business gent entered the runway without authorization. 585 00:28:10,000 --> 00:28:14,600 Speaker 2: So two insane and terrifying incidents like I said, kudos 586 00:28:14,640 --> 00:28:16,840 Speaker 2: to both of those pilots for being able to make 587 00:28:16,880 --> 00:28:19,240 Speaker 2: those maneuvers. My understanding is the one that you saw 588 00:28:19,280 --> 00:28:21,159 Speaker 2: in midway was a bit of a closer call than 589 00:28:21,200 --> 00:28:22,919 Speaker 2: the other one, but both of them, it's like, what 590 00:28:22,960 --> 00:28:26,679 Speaker 2: the hell is going on here? And in addition, Katie Pavlich, 591 00:28:26,680 --> 00:28:28,919 Speaker 2: who can put this up on the screen, She was 592 00:28:29,119 --> 00:28:33,240 Speaker 2: on a flight headed to some conference and she says 593 00:28:34,119 --> 00:28:36,520 Speaker 2: her flight was just about to take off and the 594 00:28:36,560 --> 00:28:40,360 Speaker 2: pilot slammed on the brakes upon departure. We were secreents 595 00:28:40,400 --> 00:28:43,960 Speaker 2: from being off the ground. Terrifying incident, apparently, Saga. She 596 00:28:44,120 --> 00:28:46,120 Speaker 2: updated and said this was some sort of a mechanical 597 00:28:46,160 --> 00:28:49,120 Speaker 2: issue or failure. I don't know what the hell is 598 00:28:49,200 --> 00:28:52,280 Speaker 2: going on. Of course, you know this comes amid the backdrop. 599 00:28:51,720 --> 00:28:52,960 Speaker 4: Of air traffic. 600 00:28:53,440 --> 00:28:57,040 Speaker 2: The FAA has not been immune from DOGE cuts. They 601 00:28:57,080 --> 00:29:00,040 Speaker 2: say that they aren't firing any air traffic controllers, but 602 00:29:00,120 --> 00:29:02,479 Speaker 2: a lot of the support staff, it's been reported, have 603 00:29:02,600 --> 00:29:05,000 Speaker 2: been some of the support staff have been let go. 604 00:29:05,240 --> 00:29:08,880 Speaker 2: You've got now DOGE engineers are sorry, Yeah, SpaceX engineers 605 00:29:09,240 --> 00:29:13,440 Speaker 2: affiliated with elon running around this place and continuing to 606 00:29:13,480 --> 00:29:16,800 Speaker 2: have terrifying incidents like this. The air trave There are 607 00:29:17,000 --> 00:29:20,600 Speaker 2: has been a shortage of thousands of air traffic controllers 608 00:29:20,600 --> 00:29:23,040 Speaker 2: for years now. You know, I have no doubt that 609 00:29:23,080 --> 00:29:25,880 Speaker 2: there are some federal government agencies that should and could 610 00:29:26,000 --> 00:29:30,080 Speaker 2: be trimmed down and you know, too much staff or whatever. 611 00:29:30,480 --> 00:29:32,560 Speaker 2: The FAA is not one of them. This is one 612 00:29:32,560 --> 00:29:34,920 Speaker 2: where you really need to staff up, you really need 613 00:29:34,960 --> 00:29:39,600 Speaker 2: to invest because air travel safety matters to people, and 614 00:29:39,800 --> 00:29:41,800 Speaker 2: all of these incidents are horrifying. 615 00:29:41,960 --> 00:29:44,760 Speaker 3: Well, what's interesting about air travel is, if you think 616 00:29:44,760 --> 00:29:47,760 Speaker 3: about it, it's got the it's got a very different 617 00:29:47,800 --> 00:29:49,720 Speaker 3: permission structure than almost everything else. 618 00:29:50,000 --> 00:29:52,280 Speaker 1: The number of acceptable accidents is what zero. 619 00:29:52,600 --> 00:29:57,080 Speaker 3: It's so even with a failure rate of like minute percentile, 620 00:29:57,400 --> 00:29:58,720 Speaker 3: it's still too high. 621 00:29:58,760 --> 00:30:00,800 Speaker 1: And it's one of the those where you need to 622 00:30:00,840 --> 00:30:02,120 Speaker 1: have the hundreds of. 623 00:30:02,120 --> 00:30:05,600 Speaker 3: Billions of dollars that flow through the airlines, and that 624 00:30:05,680 --> 00:30:08,400 Speaker 3: the bedrock of like international travel and all is built 625 00:30:08,440 --> 00:30:10,280 Speaker 3: on is when you get on a plane, it's not 626 00:30:10,320 --> 00:30:10,840 Speaker 3: a problem. 627 00:30:11,040 --> 00:30:13,600 Speaker 1: And so that's why even events like this. 628 00:30:13,720 --> 00:30:16,280 Speaker 3: Or like nine to eleven for example, can wipe out 629 00:30:16,360 --> 00:30:18,760 Speaker 3: an entire sector of the economy. And it's one of 630 00:30:18,760 --> 00:30:20,880 Speaker 3: those it's just fundamentally different. I mean, you and I 631 00:30:20,960 --> 00:30:23,000 Speaker 3: are a business, like we operate on a very different 632 00:30:23,040 --> 00:30:26,000 Speaker 3: risk profile, right, Like we can absorb various different hits, 633 00:30:26,080 --> 00:30:28,320 Speaker 3: or we can think and take risks, et cetera. You 634 00:30:28,360 --> 00:30:30,520 Speaker 3: can even do that in a car. As a society, 635 00:30:30,560 --> 00:30:32,800 Speaker 3: we've just taken and accepted like we're going to have 636 00:30:32,880 --> 00:30:35,040 Speaker 3: like X amount of fatalities a year, and like that 637 00:30:35,400 --> 00:30:38,080 Speaker 3: is what it is. But it's different for airlines just 638 00:30:38,080 --> 00:30:41,240 Speaker 3: because it's like control thing in terms of who's in power, 639 00:30:41,280 --> 00:30:43,960 Speaker 3: but also just because if you started to see like 640 00:30:44,040 --> 00:30:48,360 Speaker 3: cascading events and all that, it would remove and stuck complete. 641 00:30:47,960 --> 00:30:50,840 Speaker 1: Trust out of the system. So that's where I worry 642 00:30:50,880 --> 00:30:51,440 Speaker 1: about the most. 643 00:30:51,480 --> 00:30:53,479 Speaker 3: And I just think, what we're watching here, it's not 644 00:30:53,520 --> 00:30:56,640 Speaker 3: a doze issue, because this is like a decade long thing. 645 00:30:56,960 --> 00:31:00,880 Speaker 3: It's about lack of prioritization by the government. It is 646 00:31:01,080 --> 00:31:05,680 Speaker 3: also a lot of privatization and financialization in the airline sector, 647 00:31:06,040 --> 00:31:09,480 Speaker 3: a lack of oversight in over the probably the last 648 00:31:09,480 --> 00:31:12,680 Speaker 3: twenty years, like when we talk about mechanical failure and 649 00:31:12,720 --> 00:31:14,840 Speaker 3: all that, and it just culminates where it's kind of 650 00:31:14,840 --> 00:31:16,640 Speaker 3: like the Chinese EV thing. One day you just wake 651 00:31:16,720 --> 00:31:19,000 Speaker 3: up and you're like, oh shit, like maybe these planes 652 00:31:19,040 --> 00:31:21,320 Speaker 3: are not nearly as safe as they used to be. 653 00:31:21,520 --> 00:31:23,400 Speaker 3: So it both happened over a long period of time. 654 00:31:23,440 --> 00:31:25,640 Speaker 3: But it also wasn't that, you know, it wasn't that 655 00:31:25,720 --> 00:31:28,480 Speaker 3: long ago that we didn't have incidents or questions like 656 00:31:28,520 --> 00:31:30,960 Speaker 3: this all the time. It could be a matter of information, 657 00:31:31,000 --> 00:31:33,760 Speaker 3: but I do still think it's unacceptable to have things 658 00:31:33,760 --> 00:31:34,320 Speaker 3: where they are. 659 00:31:34,240 --> 00:31:36,880 Speaker 2: Right now, of course, and you know, the way it 660 00:31:36,920 --> 00:31:40,360 Speaker 2: relates to DOGE is because the whole ethos of DOGE 661 00:31:40,520 --> 00:31:44,960 Speaker 2: is privatization, is stripping the government down and outsourcing everything, 662 00:31:45,040 --> 00:31:48,920 Speaker 2: and that is the ideology that has led to the 663 00:31:49,040 --> 00:31:52,600 Speaker 2: FAA being so bare bones that you have that you're 664 00:31:52,600 --> 00:31:56,200 Speaker 2: short thousands of air traffic controllers. That is the mentality 665 00:31:56,520 --> 00:31:59,920 Speaker 2: that led the fa to basically outsource their own like 666 00:32:00,120 --> 00:32:04,720 Speaker 2: safety regulations to the industry where they're effectively like regulating 667 00:32:04,760 --> 00:32:07,080 Speaker 2: themselves and oh yeah, this plane is safe, no problem, 668 00:32:07,080 --> 00:32:10,440 Speaker 2: don't worry about it. That's the mentality and the ideology 669 00:32:10,480 --> 00:32:13,000 Speaker 2: that led us to that place. And now Dog has 670 00:32:13,040 --> 00:32:15,440 Speaker 2: put that ideology on steroids. 671 00:32:15,760 --> 00:32:18,080 Speaker 4: That's why it matters. And it's also you know, I mean, 672 00:32:18,080 --> 00:32:18,360 Speaker 4: this is. 673 00:32:18,360 --> 00:32:21,120 Speaker 2: A perfect emblem of as you were saying, soccer like 674 00:32:21,600 --> 00:32:24,680 Speaker 2: when you're running Twitter and you cut a huge proportion 675 00:32:24,760 --> 00:32:28,200 Speaker 2: of the staff, and the Twitter spaces with Ronda Santis 676 00:32:28,200 --> 00:32:31,560 Speaker 2: fails like, that's really bad for Rondo Santis and it 677 00:32:31,680 --> 00:32:34,240 Speaker 2: didn't did not help him. It was embarrassing for Elon. 678 00:32:34,440 --> 00:32:35,520 Speaker 2: It was really pathetic. 679 00:32:35,560 --> 00:32:37,719 Speaker 4: And then you know Trump does spaces as well, and 680 00:32:37,720 --> 00:32:38,320 Speaker 4: it also. 681 00:32:38,160 --> 00:32:41,120 Speaker 2: Didn't go all that well. But no one's going to die, right. 682 00:32:42,000 --> 00:32:46,400 Speaker 2: Some functions of government are absolutely critical. They're critical for 683 00:32:46,720 --> 00:32:50,480 Speaker 2: life and death. They're critical for food safety, they're critical 684 00:32:50,600 --> 00:32:54,120 Speaker 2: for veterans benefits. They're critical for you know, elderly people 685 00:32:54,160 --> 00:32:56,840 Speaker 2: who are relying on that Social Security check. They're critical 686 00:32:56,880 --> 00:32:59,200 Speaker 2: for moms who are shown up at the hospital have 687 00:32:59,200 --> 00:33:02,800 Speaker 2: a baby in horror on Medicaid. It shouldn't be run 688 00:33:03,320 --> 00:33:08,000 Speaker 2: like a business because sometimes the results of failure are 689 00:33:08,240 --> 00:33:12,400 Speaker 2: truly truly catastrophic. And so you know, this is a 690 00:33:12,440 --> 00:33:17,120 Speaker 2: primary emblem of that where the core ideology of privatization 691 00:33:17,360 --> 00:33:19,720 Speaker 2: and strip the government down that is being pushed by 692 00:33:19,840 --> 00:33:23,360 Speaker 2: Doge is exactly how we got to this place where 693 00:33:23,480 --> 00:33:26,240 Speaker 2: people are now second guessing air travel in a way 694 00:33:26,240 --> 00:33:27,960 Speaker 2: that has never been the case in my life. I mean, 695 00:33:28,000 --> 00:33:29,480 Speaker 2: I can speak for myself like I don't want to 696 00:33:29,480 --> 00:33:30,360 Speaker 2: get on a plane right now. 697 00:33:30,360 --> 00:33:33,000 Speaker 3: Well, because it's not just this, it's near misses, it's 698 00:33:33,000 --> 00:33:38,880 Speaker 3: the Boeing shit like blowout. It's like, I'm. 699 00:33:37,600 --> 00:33:38,320 Speaker 4: Not going to discribe it. 700 00:33:38,320 --> 00:33:39,520 Speaker 1: I still think people should get on a plane. 701 00:33:39,560 --> 00:33:41,320 Speaker 3: It's good for you. Get on a plane and go 702 00:33:41,400 --> 00:33:44,400 Speaker 3: and travel. I've flown plenty since all of these crazy things. 703 00:33:44,400 --> 00:33:45,920 Speaker 1: Am I clutching the thing a little bit more? 704 00:33:45,960 --> 00:33:48,400 Speaker 3: Am I looking over in the window just making sure 705 00:33:48,440 --> 00:33:50,880 Speaker 3: and be like, all right, you know what's going on here? 706 00:33:50,920 --> 00:33:52,920 Speaker 3: Every time we land even not. 707 00:33:52,960 --> 00:33:54,880 Speaker 4: Just makes it so much less of a pleasant experience. 708 00:33:54,960 --> 00:33:55,160 Speaker 1: Yeah. 709 00:33:55,160 --> 00:33:57,240 Speaker 4: I used to get on a plane not think about anything. 710 00:33:57,400 --> 00:33:59,160 Speaker 2: And they actually interviewed a dude who was on this 711 00:33:59,280 --> 00:34:02,480 Speaker 2: plane that had to quickly like take back off, the 712 00:34:02,480 --> 00:34:05,520 Speaker 2: one at Reagan National, and he was like, I was 713 00:34:05,560 --> 00:34:08,200 Speaker 2: already really nervous because of the crash that just happened 714 00:34:08,239 --> 00:34:10,839 Speaker 2: to here, and I was feeling the sense of like, Okay, 715 00:34:10,880 --> 00:34:13,680 Speaker 2: we're only we're two minutes to landing, Like we're almost there, 716 00:34:13,800 --> 00:34:14,640 Speaker 2: it's going to be fine. 717 00:34:14,680 --> 00:34:16,200 Speaker 4: He's kind of white white knuckling it. 718 00:34:16,520 --> 00:34:22,760 Speaker 2: And then just before they touched down, this sharp, you know, ascent, 719 00:34:23,480 --> 00:34:27,400 Speaker 2: and he's freaking out freaking out. I'm sure everybody on 720 00:34:27,440 --> 00:34:29,880 Speaker 2: that plane was absolutely freaking out, like what the hell 721 00:34:30,000 --> 00:34:33,239 Speaker 2: is going on? So yeah, it makes you so that 722 00:34:33,320 --> 00:34:36,160 Speaker 2: if you're on the fence, you're like, I don't really 723 00:34:36,280 --> 00:34:38,560 Speaker 2: want to sit there in terror for several hours. 724 00:34:38,600 --> 00:34:40,040 Speaker 4: I'm not really in the mood for that. I'm not 725 00:34:40,040 --> 00:34:41,160 Speaker 4: asdrennaline junkie. 726 00:34:41,239 --> 00:34:43,560 Speaker 3: It doesn't help that every single day I drive past 727 00:34:43,600 --> 00:34:46,360 Speaker 3: sixty six crosses or whatever, which is for all of 728 00:34:46,400 --> 00:34:48,960 Speaker 3: the people who died on that Reagan and flight. So 729 00:34:49,000 --> 00:34:51,279 Speaker 3: if you live in the DMV area, there's yeah, it's 730 00:34:51,440 --> 00:34:53,600 Speaker 3: it's like a literal I mean, it's a good thing, 731 00:34:53,640 --> 00:34:57,799 Speaker 3: you know, obviously, remember, Yeah, it's just every day I'm like, oh, man, 732 00:34:58,360 --> 00:35:00,440 Speaker 3: just see that there were actually planes come in. 733 00:35:00,600 --> 00:35:02,720 Speaker 2: There were actually a bunch of people from my little 734 00:35:02,719 --> 00:35:04,840 Speaker 2: town that have been coming back from a hunting trip. 735 00:35:04,960 --> 00:35:07,160 Speaker 1: Really that read about that, Yeah. 736 00:35:06,960 --> 00:35:07,600 Speaker 4: A hunting trip. 737 00:35:07,640 --> 00:35:10,320 Speaker 2: They were they were like contractors, like, you know, working 738 00:35:10,320 --> 00:35:13,719 Speaker 2: in the construction industry, and so yeah, that that hit 739 00:35:13,719 --> 00:35:14,520 Speaker 2: close to home. 740 00:35:14,360 --> 00:35:16,000 Speaker 4: For sure for a whole lot of people. 741 00:35:16,160 --> 00:35:18,960 Speaker 2: But you know, it just it gets into your head 742 00:35:19,080 --> 00:35:21,239 Speaker 2: and even though you could tell yourself the statistics, oh 743 00:35:21,239 --> 00:35:24,120 Speaker 2: it's safer than you know, you're more you're safer there 744 00:35:24,160 --> 00:35:25,759 Speaker 2: than you are driving in your car to get to 745 00:35:25,800 --> 00:35:26,640 Speaker 2: the airport or whatever. 746 00:35:26,719 --> 00:35:28,160 Speaker 4: But when you're up in the air, it's a different 747 00:35:28,239 --> 00:35:28,920 Speaker 4: kind of a vibe. 748 00:35:29,000 --> 00:35:31,680 Speaker 2: You want to know that, like, Okay, everything is locked 749 00:35:31,680 --> 00:35:33,719 Speaker 2: in and they got this under control. 750 00:35:36,440 --> 00:35:40,040 Speaker 3: Let's get onto Joe Biden. So this just had to 751 00:35:40,040 --> 00:35:41,640 Speaker 3: put this one on the show because it's like a 752 00:35:41,640 --> 00:35:43,960 Speaker 3: little bit too perfect in terms of the way that 753 00:35:44,000 --> 00:35:46,960 Speaker 3: this all works. So obviously, what was the greatest scandal 754 00:35:47,280 --> 00:35:49,879 Speaker 3: of the Biden administration. If you're a Republican, you're gonna 755 00:35:49,880 --> 00:35:51,880 Speaker 3: be like, oh, Hunter Biden, It's like no, it was 756 00:35:52,000 --> 00:35:55,880 Speaker 3: the fact that this senile, dementia ridden old man was 757 00:35:55,920 --> 00:36:01,680 Speaker 3: basically given a free pass up until six months before election. Yeah, 758 00:36:01,800 --> 00:36:04,440 Speaker 3: up until you melt it down in front of all 759 00:36:04,480 --> 00:36:07,319 Speaker 3: of our eyes, and that we basically had like some 760 00:36:07,400 --> 00:36:11,520 Speaker 3: shadow morons like Jake Sullivan and others run the entire 761 00:36:11,600 --> 00:36:14,560 Speaker 3: United States government. It was like, it was genuinely like 762 00:36:14,560 --> 00:36:19,319 Speaker 3: a Republican fever dream of reality. And yet now we're 763 00:36:19,360 --> 00:36:22,040 Speaker 3: allowed to talk about it, and that's perfect. In terms 764 00:36:22,080 --> 00:36:24,160 Speaker 3: of a new book that's being released has put this 765 00:36:24,239 --> 00:36:26,440 Speaker 3: up there on the screen. It was announced yesterday from 766 00:36:26,560 --> 00:36:31,719 Speaker 3: CNN's Jake Tapper and Axios's Alex Thompson. It's called original sin, 767 00:36:31,920 --> 00:36:36,240 Speaker 3: President Biden's decline, its cover up, and his disastrous choice 768 00:36:36,560 --> 00:36:40,239 Speaker 3: to run again. Okay, and actually, if you read the 769 00:36:40,280 --> 00:36:45,439 Speaker 3: book Jacket, it's even more shocking because they talked specifically 770 00:36:45,520 --> 00:36:47,319 Speaker 3: on the back of the book where they're like, it 771 00:36:47,440 --> 00:36:50,719 Speaker 3: wasn't a bad debate, it wasn't a cold. It was 772 00:36:50,800 --> 00:36:54,360 Speaker 3: a systematic campaign to cover up. Yeah, here I have 773 00:36:54,400 --> 00:36:56,600 Speaker 3: it in front of me. What the world saw in 774 00:36:56,640 --> 00:36:58,640 Speaker 3: the twenty twenty four debate was not an anomaly. It 775 00:36:58,680 --> 00:36:59,960 Speaker 3: was not a cold. It was not someone who was 776 00:37:00,640 --> 00:37:02,640 Speaker 3: under or over prepared. It was not someone who was 777 00:37:02,719 --> 00:37:04,960 Speaker 3: just a little tired. It was the natural result of 778 00:37:05,000 --> 00:37:07,279 Speaker 3: an eighty one year old man whose capabilities had been 779 00:37:07,360 --> 00:37:10,359 Speaker 3: diminished for years. Biden, his family, and his team let 780 00:37:10,360 --> 00:37:13,280 Speaker 3: their self interest in fear of another Trump term justify 781 00:37:13,440 --> 00:37:16,719 Speaker 3: an attempt to put, at times an old man in. 782 00:37:16,640 --> 00:37:18,880 Speaker 1: The Oval office for four more years. What was the 783 00:37:18,880 --> 00:37:20,120 Speaker 1: extent of it? Who knew? 784 00:37:20,480 --> 00:37:22,920 Speaker 3: Was it a conspiracy? We will let the facts speak 785 00:37:22,920 --> 00:37:25,640 Speaker 3: for themselves. They say it was based on two hundred 786 00:37:25,680 --> 00:37:27,880 Speaker 3: interviews with Biden, officials. So I want to split the 787 00:37:27,880 --> 00:37:30,440 Speaker 3: difference here for Alex Thompson, as people know, we had 788 00:37:30,480 --> 00:37:33,480 Speaker 3: Alex Thompson on the show Legit Dude. Now, did he 789 00:37:33,560 --> 00:37:35,359 Speaker 3: call out the Biden stuff as much as I would 790 00:37:35,360 --> 00:37:35,680 Speaker 3: have liked? 791 00:37:35,760 --> 00:37:35,840 Speaker 4: No? 792 00:37:36,239 --> 00:37:41,520 Speaker 3: But was he ever denying the reality of Joe Biden 793 00:37:41,640 --> 00:37:42,879 Speaker 3: being an adult old man? 794 00:37:43,000 --> 00:37:44,720 Speaker 1: Also? No, he took it seriously. 795 00:37:44,960 --> 00:37:46,880 Speaker 3: He did a lot of reporting about it, and actually 796 00:37:46,920 --> 00:37:49,279 Speaker 3: he was one of the only critical Biden reporters the 797 00:37:49,520 --> 00:37:51,719 Speaker 3: entire time about how shit was really going on in 798 00:37:51,719 --> 00:37:55,040 Speaker 3: the inside and about how people were terrified really of 799 00:37:55,080 --> 00:37:57,520 Speaker 3: Biden's age. And so when Biden dropped out of the race, 800 00:37:57,680 --> 00:37:59,760 Speaker 3: he was a go to for here on this show 801 00:38:00,160 --> 00:38:03,000 Speaker 3: for a lot of other people. Tapper, though, is a 802 00:38:03,040 --> 00:38:07,160 Speaker 3: whole other story in terms of CNN and how they 803 00:38:07,239 --> 00:38:11,319 Speaker 3: treated the Biden age allegations until it became undeniable. 804 00:38:11,360 --> 00:38:13,440 Speaker 1: We're gonna show people a clip in a little bit. 805 00:38:13,480 --> 00:38:16,200 Speaker 3: But I just think it's ridiculous that Tapper is acting 806 00:38:16,239 --> 00:38:19,600 Speaker 3: as if he was some sort of like lone voice 807 00:38:19,920 --> 00:38:22,440 Speaker 3: out there trying to tell the truth when he was 808 00:38:22,560 --> 00:38:25,680 Speaker 3: just as complicit in attacking people who were bringing up 809 00:38:25,719 --> 00:38:28,840 Speaker 3: Biden's age as all these other idiots in the mainstream media. 810 00:38:28,920 --> 00:38:32,720 Speaker 3: So I'm gonna read the book. I'll be honest and honestly. 811 00:38:32,680 --> 00:38:34,000 Speaker 4: Jake's gonna be a blockbuster. 812 00:38:34,400 --> 00:38:35,839 Speaker 1: Jake, please still come on the show. 813 00:38:36,000 --> 00:38:38,239 Speaker 3: I want to talk to you that we could talk 814 00:38:38,280 --> 00:38:40,200 Speaker 3: about this base to face Alex. 815 00:38:40,320 --> 00:38:41,640 Speaker 1: I know it'll come on. Well, I at least I 816 00:38:41,680 --> 00:38:44,719 Speaker 1: hope so after all of this, But I don't. 817 00:38:44,800 --> 00:38:47,200 Speaker 3: I just feel like if it's a little too cute 818 00:38:47,320 --> 00:38:49,799 Speaker 3: right now to put something like this out there and 819 00:38:49,840 --> 00:38:51,239 Speaker 3: just act like you. 820 00:38:51,239 --> 00:38:52,600 Speaker 1: Had no idea the whole time. 821 00:38:52,680 --> 00:38:55,560 Speaker 3: Jake, You're one of the best source reporters in Washington, man, Like, 822 00:38:55,600 --> 00:38:57,560 Speaker 3: if you wanted to, you could have, but you just 823 00:38:57,560 --> 00:38:58,200 Speaker 3: decided not to. 824 00:38:58,320 --> 00:39:01,240 Speaker 2: Yeah, I think that's for me the biggest question, because 825 00:39:01,719 --> 00:39:03,799 Speaker 2: we're going to show a clip that is really bad 826 00:39:04,120 --> 00:39:06,439 Speaker 2: about him being oh he has a stutter, like, oh 827 00:39:06,480 --> 00:39:06,799 Speaker 2: my god. 828 00:39:06,800 --> 00:39:08,479 Speaker 4: Anyone who engaged in that is like. 829 00:39:08,560 --> 00:39:13,840 Speaker 3: Yes, you're done if you believe that you're an idiot. 830 00:39:14,120 --> 00:39:17,400 Speaker 2: Well, in fairness, that was back in like twenty twenty 831 00:39:17,560 --> 00:39:20,120 Speaker 2: stupid early it was. I mean, obviously we know how 832 00:39:20,160 --> 00:39:22,480 Speaker 2: we covered the time, right we see, like it was 833 00:39:22,520 --> 00:39:25,759 Speaker 2: so obvious if you looked even in twenty twenty if 834 00:39:25,800 --> 00:39:28,880 Speaker 2: you compared him then to when he was vice president, 835 00:39:29,080 --> 00:39:31,800 Speaker 2: it was very clear this was not about a stutter. 836 00:39:32,000 --> 00:39:34,840 Speaker 2: This was about this is an old man. And guess what, 837 00:39:35,000 --> 00:39:37,320 Speaker 2: aging only goes in one direction. You're not going to 838 00:39:37,400 --> 00:39:39,759 Speaker 2: get younger over the course of your time in the presidency. 839 00:39:39,960 --> 00:39:42,640 Speaker 2: So anyone who wanted to see the signs could see 840 00:39:42,640 --> 00:39:46,040 Speaker 2: the signs. But even beyond that, because he wasn't the 841 00:39:46,080 --> 00:39:49,640 Speaker 2: worst of the mainstream press in terms of you know, 842 00:39:49,719 --> 00:39:52,799 Speaker 2: covering up even into the you know, his presidency and 843 00:39:52,880 --> 00:39:55,239 Speaker 2: running for reelection whatever, there are some clips floating around 844 00:39:55,239 --> 00:39:58,400 Speaker 2: of him challenging Korean Jumpierre on his age and concerns 845 00:39:58,400 --> 00:40:00,520 Speaker 2: around that, et cetera. But I I think your point 846 00:40:00,560 --> 00:40:03,040 Speaker 2: is a really important one, which is that like you 847 00:40:03,400 --> 00:40:07,480 Speaker 2: are deeply entrenched in the firmament of DC, you are 848 00:40:07,600 --> 00:40:11,480 Speaker 2: very well sourced. You keep those relationships like did they 849 00:40:11,520 --> 00:40:12,000 Speaker 2: trick you? 850 00:40:12,680 --> 00:40:14,799 Speaker 4: Did you? Were you part of the cover up? 851 00:40:15,320 --> 00:40:18,560 Speaker 2: Like how did this get by you to the extent 852 00:40:18,600 --> 00:40:23,560 Speaker 2: that it did? When you know, the just regular Americans 853 00:40:23,640 --> 00:40:28,440 Speaker 2: across the country, Democrat, Republican, independent alike, were able to 854 00:40:28,600 --> 00:40:34,360 Speaker 2: more accurately understand the extent of his decline than the 855 00:40:34,480 --> 00:40:37,640 Speaker 2: Washington Press corps and Jake Tapper being one of them. 856 00:40:37,920 --> 00:40:40,920 Speaker 2: So that's that's my question here. Like you said that 857 00:40:41,000 --> 00:40:42,799 Speaker 2: being said, I'm going to read the book. I have 858 00:40:42,880 --> 00:40:45,000 Speaker 2: no doubt it's going to be a blockbuster. I know 859 00:40:45,080 --> 00:40:48,680 Speaker 2: probably Alex wanted to have Jake on it because it 860 00:40:48,719 --> 00:40:52,000 Speaker 2: will also like they'll get every media appearance like possibly 861 00:40:52,040 --> 00:40:56,120 Speaker 2: want to with this, and it's an extraord's it's kind 862 00:40:56,160 --> 00:40:59,480 Speaker 2: of amazing to me that it still is not seen 863 00:40:59,719 --> 00:41:02,359 Speaker 2: as it's the massive scandal that it truly was. 864 00:41:02,600 --> 00:41:04,680 Speaker 4: I mean, this was a gigantic cover up. 865 00:41:05,040 --> 00:41:07,959 Speaker 2: And if you're someone like me who's very upset about 866 00:41:08,000 --> 00:41:10,000 Speaker 2: Donald Trump being back in the White House, like you 867 00:41:10,040 --> 00:41:13,239 Speaker 2: should care the most deeply because I think if there 868 00:41:13,280 --> 00:41:16,920 Speaker 2: had been a democratic primary process that people have been 869 00:41:16,960 --> 00:41:19,720 Speaker 2: allowed to run and they've been voters have been allowed 870 00:41:19,719 --> 00:41:21,960 Speaker 2: to truly make a choice, Democrats would have been a 871 00:41:22,080 --> 00:41:24,640 Speaker 2: much better position going into this election, and given the 872 00:41:24,640 --> 00:41:26,480 Speaker 2: closeness of the election, I think it's reasonable to say 873 00:41:26,520 --> 00:41:30,720 Speaker 2: it's very likely they would have prevailed. So yeah, it's 874 00:41:30,960 --> 00:41:33,399 Speaker 2: you know, it's going to be interesting to read. It's 875 00:41:33,400 --> 00:41:36,399 Speaker 2: going to be interesting to see who knew what and when. 876 00:41:36,680 --> 00:41:39,680 Speaker 2: But I have some questions for Jake Tapper, like, for you, 877 00:41:40,160 --> 00:41:42,640 Speaker 2: what did you know and when? Why weren't you ask 878 00:41:42,719 --> 00:41:45,759 Speaker 2: them questions? Why weren't you really taking it seriously? Were 879 00:41:45,800 --> 00:41:49,200 Speaker 2: they just able to trick you? Or were you, you know, 880 00:41:49,400 --> 00:41:54,319 Speaker 2: part of sort of intentionally intentionally hiding just how bad 881 00:41:54,360 --> 00:41:56,440 Speaker 2: the extent of the decline truly was absolutely so. 882 00:41:56,600 --> 00:41:58,000 Speaker 3: With all that, let's take a listen to the tap 883 00:41:58,040 --> 00:41:59,200 Speaker 3: Equipment's from twenty twenty. 884 00:41:59,239 --> 00:42:01,120 Speaker 1: But this is him on Biden's age. 885 00:42:01,239 --> 00:42:03,120 Speaker 5: How do you think it makes little kids with stutters 886 00:42:03,160 --> 00:42:05,839 Speaker 5: feel when they see you make a comment like that. 887 00:42:07,960 --> 00:42:11,760 Speaker 7: First and foremost, I had no idea that Joe Biden 888 00:42:11,840 --> 00:42:14,200 Speaker 7: ever suffered from a stutter. I think what we see 889 00:42:14,200 --> 00:42:17,520 Speaker 7: on stage with Joe Biden Jake is very clearly a 890 00:42:17,560 --> 00:42:18,759 Speaker 7: cognitive decline. 891 00:42:19,200 --> 00:42:20,200 Speaker 1: That's what I'm referring to. 892 00:42:20,239 --> 00:42:21,440 Speaker 4: It makes me uncomfortable. 893 00:42:21,480 --> 00:42:25,839 Speaker 5: You are, No, that's so amazing. It's so amazing to 894 00:42:25,840 --> 00:42:26,840 Speaker 5: me that. 895 00:42:26,719 --> 00:42:29,320 Speaker 7: Try and figure out an answer a cognitive decline. 896 00:42:29,360 --> 00:42:29,879 Speaker 1: You're trying to. 897 00:42:29,800 --> 00:42:32,560 Speaker 7: Tell me that what I was suggesting was I think. 898 00:42:32,360 --> 00:42:35,000 Speaker 5: That you were mocking his stutter. Yeah, I think you 899 00:42:35,000 --> 00:42:36,960 Speaker 5: were mocking his stutter. And I think you have absolutely 900 00:42:37,000 --> 00:42:40,640 Speaker 5: no standing to diagnose somebody's cognitive decline. I would think 901 00:42:41,239 --> 00:42:44,120 Speaker 5: that somebody in the prompt family would be more sensitive 902 00:42:44,440 --> 00:42:48,520 Speaker 5: to people who do do not have medical licenses diagnosing 903 00:42:48,840 --> 00:42:52,880 Speaker 5: politicians from Afar. Plenty of people have diagnosed your father 904 00:42:52,960 --> 00:42:55,879 Speaker 5: from Afar, and I'm sure it offends you, your father 905 00:42:55,920 --> 00:42:57,720 Speaker 5: in law from a far I'm sure it defends you. 906 00:42:57,719 --> 00:42:59,440 Speaker 5: You don't have any standing to say. 907 00:42:59,400 --> 00:43:02,240 Speaker 7: Noticing how what I'm saying just talking about a cognitive 908 00:43:02,239 --> 00:43:04,080 Speaker 7: the clusid. 909 00:43:04,360 --> 00:43:05,160 Speaker 1: I have one last question. 910 00:43:05,239 --> 00:43:08,840 Speaker 7: Feel are times on stage and it's very concerning to 911 00:43:08,880 --> 00:43:11,280 Speaker 7: a lot of people that this could be the leader 912 00:43:11,520 --> 00:43:12,279 Speaker 7: of the free world. 913 00:43:12,719 --> 00:43:13,440 Speaker 1: That is all I'm saying. 914 00:43:13,520 --> 00:43:15,239 Speaker 7: I genuinely sorry for Joe. 915 00:43:15,800 --> 00:43:16,600 Speaker 5: I appreciate it. 916 00:43:16,800 --> 00:43:20,640 Speaker 3: Yeah, how do those kids, those persons inflicted with stuttering feel? 917 00:43:20,840 --> 00:43:24,880 Speaker 3: But I just this is the sanctimony, the attitude that 918 00:43:25,040 --> 00:43:27,799 Speaker 3: pray it was. That's the problem is that people like 919 00:43:27,920 --> 00:43:31,360 Speaker 3: us and others, any reasonable person was able to just 920 00:43:31,400 --> 00:43:33,279 Speaker 3: be like, yeah, I don't think so. He's like he 921 00:43:33,320 --> 00:43:37,120 Speaker 3: miraculously had a stutter that materialized in twenty twenty, even 922 00:43:37,160 --> 00:43:39,360 Speaker 3: though he's been on a camera for forty five years. 923 00:43:39,719 --> 00:43:42,799 Speaker 3: And you know, I personally saw Joe Biden at a 924 00:43:42,840 --> 00:43:45,600 Speaker 3: campaign rally in twenty twelve. I remember that is the 925 00:43:45,600 --> 00:43:47,680 Speaker 3: Biden in my head, and I remember seeing him in 926 00:43:47,680 --> 00:43:50,919 Speaker 3: twenty nineteen. Just be like, oh man, I attended Joe 927 00:43:50,920 --> 00:43:54,840 Speaker 3: Biden's as a journalist, very last speech as vice president 928 00:43:54,920 --> 00:43:57,799 Speaker 3: in twenty and sixteen, which again is in my head 929 00:43:57,800 --> 00:43:59,840 Speaker 3: three years later, and I was like, dude, this is 930 00:44:00,160 --> 00:44:03,880 Speaker 3: totally the different person back then, and you as he 931 00:44:04,000 --> 00:44:07,080 Speaker 3: was president. It was the most openly discussed thing by 932 00:44:07,160 --> 00:44:10,520 Speaker 3: anyone who was not connected to institutional media. And this 933 00:44:10,560 --> 00:44:13,600 Speaker 3: is the type of bullshit that they used to basically 934 00:44:13,680 --> 00:44:16,239 Speaker 3: silence and to smear people who were bringing up the 935 00:44:16,239 --> 00:44:21,560 Speaker 3: most obvious. So like, as you said, I'll buy the book, Okay. 936 00:44:21,760 --> 00:44:23,319 Speaker 1: Sorry, but I will buy it. 937 00:44:23,360 --> 00:44:27,359 Speaker 3: You got it all right, reew cops some of us, Yeah, 938 00:44:27,360 --> 00:44:30,040 Speaker 3: that's true, since we're since we're since, yeah, we can 939 00:44:30,080 --> 00:44:32,799 Speaker 3: probably get a free review cop. But maybe honestly, at 940 00:44:32,800 --> 00:44:34,520 Speaker 3: this point, I should just buy it after this point 941 00:44:34,520 --> 00:44:37,040 Speaker 3: of talking about it. But the point I guess of 942 00:44:37,080 --> 00:44:39,279 Speaker 3: all of it is just to say you had the 943 00:44:39,320 --> 00:44:43,040 Speaker 3: opportunity to know, you did definitely participate in all of this, 944 00:44:43,200 --> 00:44:45,680 Speaker 3: and don't be coming around here acting like here's some 945 00:44:46,040 --> 00:44:48,759 Speaker 3: you know. So you're Seymour hirsh or whatever sniffing out 946 00:44:48,800 --> 00:44:51,080 Speaker 3: the greatest story in the world, like you're not and 947 00:44:51,160 --> 00:44:51,680 Speaker 3: it's fine. 948 00:44:51,760 --> 00:44:53,400 Speaker 4: Did he engage in any cheap fakes? 949 00:44:54,239 --> 00:44:56,160 Speaker 1: I don't know, surely I'm not. 950 00:44:56,440 --> 00:44:59,480 Speaker 3: I'm not one of those Twitter discourse guys who goes 951 00:44:59,520 --> 00:45:03,239 Speaker 3: back and you know, checks everybody's past posting history. 952 00:45:02,920 --> 00:45:05,520 Speaker 1: And all that. But on this one, I just think. 953 00:45:05,400 --> 00:45:08,760 Speaker 3: It's egregious to act as if you were a forward 954 00:45:08,840 --> 00:45:12,239 Speaker 3: facing person with credibility. And I actually feel bad for 955 00:45:12,280 --> 00:45:16,120 Speaker 3: Thompson because he genuinely was on the story at the 956 00:45:16,200 --> 00:45:17,720 Speaker 3: time as opposed to Tapper. 957 00:45:17,920 --> 00:45:20,319 Speaker 1: But I get it. It's Washington. You need to make 958 00:45:20,360 --> 00:45:21,840 Speaker 1: some money, so we wish you the best. 959 00:45:24,760 --> 00:45:26,759 Speaker 2: All right, we got one more media story for you, 960 00:45:26,800 --> 00:45:31,080 Speaker 2: guys that this is actually pretty significant. So Jeff Bezos 961 00:45:31,640 --> 00:45:36,520 Speaker 2: yesterday puts out this tweet indicating that he is going 962 00:45:36,600 --> 00:45:40,400 Speaker 2: to end the Washington Post tradition of publishing a range 963 00:45:40,480 --> 00:45:44,600 Speaker 2: of viewpoints on their opinion page and is only going 964 00:45:44,680 --> 00:45:50,160 Speaker 2: to basically push a pro Oligarch agenda exclusively. Not that 965 00:45:50,200 --> 00:45:53,680 Speaker 2: it's a surprise that that's Jeff Bezos's preference, but pretty 966 00:45:53,680 --> 00:45:56,560 Speaker 2: interesting to make it just completely brazen. So let's go 967 00:45:56,560 --> 00:45:58,440 Speaker 2: ahead and put this up on the screen. This is 968 00:45:58,480 --> 00:46:01,960 Speaker 2: the message that he sent to all the staff and 969 00:46:02,000 --> 00:46:04,480 Speaker 2: journalists at the Washington Posts, which of course he owns, 970 00:46:05,160 --> 00:46:07,200 Speaker 2: but also he put this out on Twitter. He says, 971 00:46:07,239 --> 00:46:09,000 Speaker 2: I'm learning to let you know about a change coming 972 00:46:09,000 --> 00:46:10,800 Speaker 2: to our opinion pages. We are going to be writing 973 00:46:10,840 --> 00:46:14,080 Speaker 2: every day in support and defense of two pillars, personal 974 00:46:14,080 --> 00:46:17,240 Speaker 2: liberties and free markets. We'll cover other topics too, of course, 975 00:46:17,560 --> 00:46:20,880 Speaker 2: but viewpoints opposing those pillars will be left to be 976 00:46:20,920 --> 00:46:23,800 Speaker 2: published by others. There was a time when a newspaper, 977 00:46:23,880 --> 00:46:25,919 Speaker 2: especially one that was a local monopoly, might have seen 978 00:46:25,960 --> 00:46:27,840 Speaker 2: it as a service to bring to the reader's doorstep 979 00:46:27,920 --> 00:46:30,759 Speaker 2: every morning a broad based opinion section that sought to 980 00:46:30,800 --> 00:46:34,200 Speaker 2: cover all views. But today the Internet does that job. 981 00:46:34,480 --> 00:46:37,120 Speaker 2: I am of America and for America, proud to be so. 982 00:46:37,239 --> 00:46:39,239 Speaker 2: Our country do not get here by being typical. Big 983 00:46:39,280 --> 00:46:41,880 Speaker 2: part of America's success has been freedom and economic realm 984 00:46:41,920 --> 00:46:45,480 Speaker 2: and everywhere else. Freedom is ethical, It minimizes coercion and practical. 985 00:46:45,520 --> 00:46:49,160 Speaker 2: It drives creativity, invention, and prosperity. I offered David Shipley, 986 00:46:49,200 --> 00:46:51,760 Speaker 2: whom I greatly admired, the opportunity to lead this new chapter. 987 00:46:51,840 --> 00:46:54,040 Speaker 2: I suggested to him. If the answer wasn't hell, yes, 988 00:46:54,400 --> 00:46:57,080 Speaker 2: then it had to be no. After careful consideration, David 989 00:46:57,080 --> 00:47:00,120 Speaker 2: decided to step away. This is a significant shift. It 990 00:47:00,120 --> 00:47:02,320 Speaker 2: won't be easy. It will require one hundred percent commitment. 991 00:47:02,320 --> 00:47:04,399 Speaker 2: I respect his decision. We'll be searching for a new 992 00:47:04,440 --> 00:47:07,520 Speaker 2: opinion editor to own this new direction. I am confident 993 00:47:07,600 --> 00:47:10,640 Speaker 2: that free markets and personal liberties are right for America. 994 00:47:10,719 --> 00:47:13,600 Speaker 2: I also believe these viewpoints are underserved in the current 995 00:47:13,640 --> 00:47:16,719 Speaker 2: market of ideas and news opinion. I'm excited for us 996 00:47:16,800 --> 00:47:18,480 Speaker 2: together to fill that void. 997 00:47:19,840 --> 00:47:20,799 Speaker 4: This makes me. 998 00:47:21,080 --> 00:47:24,880 Speaker 2: Basically short circuit, because what I want you to understand 999 00:47:25,280 --> 00:47:29,960 Speaker 2: is when Jeff Bezos, the owner of Amazon, talks about 1000 00:47:30,320 --> 00:47:35,799 Speaker 2: free markets and personal liberty, he doesn't mean, like you know, 1001 00:47:35,960 --> 00:47:38,759 Speaker 2: for example, the freedom of his workers to be able 1002 00:47:38,800 --> 00:47:42,239 Speaker 2: to form a union, or to go to the bathroom 1003 00:47:42,280 --> 00:47:44,960 Speaker 2: when they need to, his drivers to have enough of 1004 00:47:45,000 --> 00:47:47,000 Speaker 2: a break to not have to pee in a bottle 1005 00:47:47,320 --> 00:47:51,480 Speaker 2: while they're delivering packages. When he talks about free markets, 1006 00:47:52,040 --> 00:47:54,759 Speaker 2: he does not mean the type of free markets that 1007 00:47:54,760 --> 00:47:57,480 Speaker 2: would lead to Amazon being broken up. Because it's a 1008 00:47:57,680 --> 00:48:02,120 Speaker 2: gigantic monopoly that has rigged its own algorithms. That's not 1009 00:48:02,200 --> 00:48:05,160 Speaker 2: the kind of free markets that he's talking about. What 1010 00:48:05,280 --> 00:48:08,759 Speaker 2: he's talking about is for the ability of him and 1011 00:48:08,880 --> 00:48:14,279 Speaker 2: oligarch to have unbridled power and freedom for himself in 1012 00:48:14,480 --> 00:48:19,680 Speaker 2: unlimited coercion and exploitation. When it comes to you, that 1013 00:48:19,840 --> 00:48:22,799 Speaker 2: is the agenda that he is talking about pushing here, 1014 00:48:23,200 --> 00:48:26,799 Speaker 2: and it is you know, also quite noteworthy coming after 1015 00:48:27,120 --> 00:48:30,480 Speaker 2: he blought the endorsement of Kamala to try to curry 1016 00:48:30,520 --> 00:48:34,120 Speaker 2: favor with Trump. Is it Trump's inauguration. Its completely trying 1017 00:48:34,120 --> 00:48:35,960 Speaker 2: to suck up to him. And you know, Trump has 1018 00:48:35,960 --> 00:48:38,840 Speaker 2: obviously handed his administration over to the richest man on 1019 00:48:38,880 --> 00:48:42,719 Speaker 2: the entire planet, the preeminent oligarch of all oligarchs, and 1020 00:48:43,000 --> 00:48:47,520 Speaker 2: Bezos is basically saying, I'm going to get rid of 1021 00:48:47,560 --> 00:48:51,000 Speaker 2: any of these hippies and liberals who might criticize that 1022 00:48:51,080 --> 00:48:54,640 Speaker 2: direction and make sure that when the CFPB is gutted, they're. 1023 00:48:54,560 --> 00:48:55,160 Speaker 4: On board with it. 1024 00:48:55,200 --> 00:48:58,319 Speaker 2: When the National Labor Relations Board can't issue rulings as 1025 00:48:58,320 --> 00:49:00,520 Speaker 2: has been done, they're going to be on board with it. 1026 00:49:00,920 --> 00:49:03,080 Speaker 2: That's what this is actually all about. 1027 00:49:03,760 --> 00:49:07,120 Speaker 3: I completely agree. And the thing is with Bezos is 1028 00:49:07,160 --> 00:49:09,680 Speaker 3: I also just think there's a lot of elon envy 1029 00:49:09,719 --> 00:49:12,560 Speaker 3: going on here in terms of his personal jail, My 1030 00:49:13,760 --> 00:49:17,560 Speaker 3: analysis of Bezos is that he is humiliated by the 1031 00:49:17,560 --> 00:49:21,120 Speaker 3: whole democracy dies in the darkness stuff previously and or 1032 00:49:21,160 --> 00:49:24,319 Speaker 3: didn't pay attention either. Or he wants to fire many 1033 00:49:24,360 --> 00:49:26,239 Speaker 3: of the people who work for him who think he 1034 00:49:26,360 --> 00:49:29,719 Speaker 3: thinks are too woke or are embarrassing or whatever. But 1035 00:49:29,880 --> 00:49:32,000 Speaker 3: the problem is is he doesn't just come out and 1036 00:49:32,000 --> 00:49:35,040 Speaker 3: say it, and so he invents all of this kakamemi. 1037 00:49:34,600 --> 00:49:36,880 Speaker 1: Bullshit that we're all supposed to believe. 1038 00:49:36,880 --> 00:49:39,399 Speaker 3: So, for example, we're no longer going to endorse any 1039 00:49:39,400 --> 00:49:43,080 Speaker 3: candidates miraculously in twenty twenty four, right, so we're going 1040 00:49:43,120 --> 00:49:46,920 Speaker 3: to create this principle standard when everyone's like, dude, we 1041 00:49:46,960 --> 00:49:48,040 Speaker 3: all know what you're doing here. 1042 00:49:48,239 --> 00:49:50,320 Speaker 1: Same thing. Personal liberty and free markets. 1043 00:49:50,400 --> 00:49:53,320 Speaker 3: Okay, sheerly from a business perspective, If I want personal 1044 00:49:53,320 --> 00:49:55,680 Speaker 3: liberty and free market opinion page, who am I going 1045 00:49:55,719 --> 00:49:59,040 Speaker 3: to the Wall Street Journal or sorry, Jeff Bezos at 1046 00:49:59,040 --> 00:50:01,680 Speaker 3: the New Washington Post or the Wall Street Journal, which 1047 00:50:01,680 --> 00:50:04,359 Speaker 3: has a century of standing up and literally carving out 1048 00:50:04,400 --> 00:50:07,600 Speaker 3: this niche for itself, or the Financial Times. I'm pretty 1049 00:50:07,600 --> 00:50:10,000 Speaker 3: sure I'm gonna go for the latter, just as a consumer. 1050 00:50:10,280 --> 00:50:13,480 Speaker 3: So what in an office space, meme Euan Way, what 1051 00:50:13,719 --> 00:50:16,480 Speaker 3: do you do here? What is your purpose here? It's like, 1052 00:50:16,760 --> 00:50:19,799 Speaker 3: the purpose here is to serve your own personal end. 1053 00:50:19,880 --> 00:50:24,200 Speaker 3: And okay, that's fine, it's your right. You own the paper, 1054 00:50:24,280 --> 00:50:27,239 Speaker 3: you can do as you would like. But spare us 1055 00:50:27,360 --> 00:50:31,719 Speaker 3: your sanctimony, Spare us all this fakery, Spare us this 1056 00:50:31,800 --> 00:50:35,960 Speaker 3: idea that you care about personal liberty and free markets. 1057 00:50:36,000 --> 00:50:38,600 Speaker 3: You don't care about personal liberty. You're the second largest 1058 00:50:38,600 --> 00:50:42,759 Speaker 3: employer in the United States who routinely cycles through all 1059 00:50:42,800 --> 00:50:45,239 Speaker 3: of these people and discards them as trash, you know, 1060 00:50:45,320 --> 00:50:49,239 Speaker 3: as completely realigned our markets, lobbied against free market like 1061 00:50:49,360 --> 00:50:52,960 Speaker 3: true free market principles. I mean, just you know, stop, 1062 00:50:53,200 --> 00:50:56,200 Speaker 3: just stop this idea that you believe in free speech. 1063 00:50:56,360 --> 00:50:59,719 Speaker 3: Do you know how many conservative books and others were 1064 00:50:59,760 --> 00:51:02,799 Speaker 3: banned on Amazon remain banned actually up until I think 1065 00:51:03,000 --> 00:51:06,080 Speaker 3: two weeks ago. There was a Ryan Anderson, who is 1066 00:51:06,120 --> 00:51:08,560 Speaker 3: a guy who wrote a book about some transgender issues. 1067 00:51:08,560 --> 00:51:11,600 Speaker 3: His book was banned on Amazon for five years and 1068 00:51:11,719 --> 00:51:15,640 Speaker 3: only recently was reversed. Obviously as a result of this somebody, 1069 00:51:15,680 --> 00:51:18,520 Speaker 3: I'm just saying, like it's capricious. It's done in a 1070 00:51:18,640 --> 00:51:21,840 Speaker 3: nature where it's all up to his own personal whims, 1071 00:51:21,880 --> 00:51:25,600 Speaker 3: So just Sparris, dude, Please let's stop pretending. 1072 00:51:25,760 --> 00:51:29,160 Speaker 2: Also, many people pointed out the irony of backing supposed 1073 00:51:29,200 --> 00:51:31,480 Speaker 2: personal liberty and free speech at a time when you're 1074 00:51:31,600 --> 00:51:34,600 Speaker 2: censoring your own on your own platform, saying those view 1075 00:51:34,600 --> 00:51:35,680 Speaker 2: points aren't going to be allowed here. 1076 00:51:35,719 --> 00:51:36,600 Speaker 1: Yeah, I mean this is. 1077 00:51:36,520 --> 00:51:39,080 Speaker 3: Where I gets where cost you can employ who you want. 1078 00:51:39,239 --> 00:51:40,040 Speaker 3: Is that censorship? 1079 00:51:40,120 --> 00:51:40,200 Speaker 6: Like? 1080 00:51:40,280 --> 00:51:42,919 Speaker 3: No, not really, But the point is is that you're 1081 00:51:43,000 --> 00:51:46,120 Speaker 3: doing it out originally, which what do you believe? 1082 00:51:46,160 --> 00:51:47,239 Speaker 1: That's what I come back to. 1083 00:51:47,520 --> 00:51:49,719 Speaker 3: Was it democracy died in the darkness, which you did 1084 00:51:49,880 --> 00:51:54,600 Speaker 3: under your leadership? Was it reversing the editorial direction and 1085 00:51:54,680 --> 00:51:58,319 Speaker 3: hiring a British tabloid guy to rebuild your business? Because 1086 00:51:58,360 --> 00:51:59,840 Speaker 3: if you want a new business, let me tell it, 1087 00:52:00,040 --> 00:52:02,920 Speaker 3: take it from somebody who owns a media company with you. Uh, 1088 00:52:03,040 --> 00:52:05,520 Speaker 3: don't do this. This is really stupid. Who's signing up 1089 00:52:05,520 --> 00:52:09,320 Speaker 3: for it? Anybody who wants this viewpoint subscribes to the 1090 00:52:09,360 --> 00:52:12,520 Speaker 3: Wall Street Journal, and why would they trust you? Anybody 1091 00:52:12,640 --> 00:52:15,640 Speaker 3: who wants this Democracy dies in the Darkness stuff has 1092 00:52:15,640 --> 00:52:19,040 Speaker 3: already canceled and has decimated your subscription business. So you're 1093 00:52:19,160 --> 00:52:23,560 Speaker 3: using this effectively as a propagandistic tool to bolster your 1094 00:52:23,600 --> 00:52:26,880 Speaker 3: own net worth and to curry favor. Okay, fine, you 1095 00:52:26,920 --> 00:52:29,320 Speaker 3: know you're actually just in the right tradition of William 1096 00:52:29,360 --> 00:52:32,120 Speaker 3: Randolphurst and all these other people from the days of old. 1097 00:52:32,400 --> 00:52:35,200 Speaker 3: But they were a lot more explicit about it, whereas 1098 00:52:35,239 --> 00:52:36,920 Speaker 3: you're trying to dress it up in all of this 1099 00:52:37,440 --> 00:52:39,160 Speaker 3: principle and I'm, you know. 1100 00:52:39,360 --> 00:52:43,280 Speaker 1: Holier than now. We will never just endorse one candidate 1101 00:52:43,360 --> 00:52:44,440 Speaker 1: or another. It's like, oh my. 1102 00:52:44,480 --> 00:52:48,160 Speaker 2: God, like to shut up for how after we don't 1103 00:52:48,200 --> 00:52:51,200 Speaker 2: do enforcements anymore, people can decide for themselves. 1104 00:52:51,480 --> 00:52:52,480 Speaker 4: Then they weighe in with. 1105 00:52:52,600 --> 00:52:55,919 Speaker 1: Dustment exactly every cabinet You're exactly right, the cabinet texts. 1106 00:52:56,000 --> 00:52:59,560 Speaker 3: It's like what and miraculously picked all the Washington choices 1107 00:52:59,560 --> 00:53:02,720 Speaker 3: and then we're like, oh, no, RFK Junior or whatever. 1108 00:53:02,880 --> 00:53:05,080 Speaker 3: Just so happens that Amazon it wants to be a 1109 00:53:05,160 --> 00:53:07,719 Speaker 3: huge player in the healthcare space. Right, It's like this 1110 00:53:08,280 --> 00:53:10,240 Speaker 3: in the same way we can talk about with Elon. 1111 00:53:10,320 --> 00:53:13,760 Speaker 3: I mean, remember, also, the problem is the press always 1112 00:53:13,840 --> 00:53:17,480 Speaker 3: comes to their defense and in a sense, like their 1113 00:53:17,560 --> 00:53:21,160 Speaker 3: crocodile tears today are useless. I'm not talking about Jeff Stein, 1114 00:53:21,239 --> 00:53:23,719 Speaker 3: but I mean you and I remember when Bernie Sanders 1115 00:53:23,840 --> 00:53:27,160 Speaker 3: pointed out the Washington Post ownership by Bezos. 1116 00:53:26,880 --> 00:53:28,879 Speaker 1: They were furious with him. 1117 00:53:29,120 --> 00:53:32,440 Speaker 3: They have never acknowledged oligarchy whenever it was used as 1118 00:53:32,480 --> 00:53:35,440 Speaker 3: a tool for the Capital D Democratic Party. It's only 1119 00:53:35,560 --> 00:53:37,520 Speaker 3: now that they're willing to talk about a part the 1120 00:53:37,560 --> 00:53:39,560 Speaker 3: reason a lot of people don't even take them seriously 1121 00:53:39,800 --> 00:53:41,760 Speaker 3: and think they're full of shit, which I think is fine, 1122 00:53:41,800 --> 00:53:44,640 Speaker 3: But can we all just like come together now and 1123 00:53:44,680 --> 00:53:49,799 Speaker 3: be like this is ridiculous. You know, this whole Bezos project, 1124 00:53:49,920 --> 00:53:52,279 Speaker 3: the way that he uses the op ed page and all, 1125 00:53:52,400 --> 00:53:55,080 Speaker 3: there's no noble you know, idea or any of this. 1126 00:53:55,480 --> 00:54:00,759 Speaker 3: And if anything, Zuckerberg's contortia and Elon's like actions and 1127 00:54:00,800 --> 00:54:01,560 Speaker 3: bays us and all that. 1128 00:54:01,680 --> 00:54:03,800 Speaker 1: Just it tells us what they're all about. So like, 1129 00:54:04,000 --> 00:54:04,960 Speaker 1: let's just be honest. 1130 00:54:05,040 --> 00:54:07,920 Speaker 2: That's the only soil lining is that it's no longer deniable. 1131 00:54:08,000 --> 00:54:10,480 Speaker 2: It's like, you know, I mean, because yeah, that Bernie 1132 00:54:10,480 --> 00:54:13,520 Speaker 2: thing really sticks in my craw because their coverage of 1133 00:54:13,520 --> 00:54:17,120 Speaker 2: Bernie Sanders was so negative and so dishonest, the like 1134 00:54:17,440 --> 00:54:21,520 Speaker 2: total smears and fake fact checks and all this stuff. 1135 00:54:21,760 --> 00:54:24,560 Speaker 2: And he said like, hey, maybe the fact that it's 1136 00:54:24,600 --> 00:54:28,880 Speaker 2: owned by this very wealthy oligarch, maybe that has something 1137 00:54:28,880 --> 00:54:32,160 Speaker 2: to do with their perspective on my democratic socialist approach. 1138 00:54:32,719 --> 00:54:36,680 Speaker 2: How dare you, sir, suggest that the one of the 1139 00:54:36,719 --> 00:54:39,520 Speaker 2: wealthiest people on the planet who owns the newspaper would 1140 00:54:39,560 --> 00:54:42,400 Speaker 2: have any say over the nature of their coverage. It's like, okay, 1141 00:54:42,600 --> 00:54:45,000 Speaker 2: all right, well, now we see, we see what the 1142 00:54:45,080 --> 00:54:48,160 Speaker 2: reality is, we see what is entailed when you have 1143 00:54:48,360 --> 00:54:52,319 Speaker 2: oligarch owned media, and he's just effectively coming out and 1144 00:54:52,600 --> 00:54:55,600 Speaker 2: saying it. So yeah, I think that is the one 1145 00:54:55,640 --> 00:54:58,680 Speaker 2: silver lining is it is no longer in any way 1146 00:54:59,080 --> 00:55:03,200 Speaker 2: deniable whatsoever. And you asked, what does Jeff Bezos actually believe? 1147 00:55:03,320 --> 00:55:04,320 Speaker 4: We know what he believes. 1148 00:55:04,320 --> 00:55:07,440 Speaker 2: He believes in hisself, his own self interest, Like whatever's 1149 00:55:07,440 --> 00:55:09,799 Speaker 2: good for him, that's what he believes in. That's why 1150 00:55:09,880 --> 00:55:11,560 Speaker 2: when he thought it was good for him to be 1151 00:55:11,840 --> 00:55:14,560 Speaker 2: part of the resistance and democracy dies in darkness, that's 1152 00:55:14,560 --> 00:55:16,680 Speaker 2: how he positioned things. And now that he feels this 1153 00:55:16,800 --> 00:55:18,400 Speaker 2: vibe shift and he wants to career favor with the 1154 00:55:18,440 --> 00:55:20,239 Speaker 2: Trump administration, like he doesn't give a shit about the 1155 00:55:20,239 --> 00:55:23,280 Speaker 2: Washington Post as a business venture. He cares about it 1156 00:55:23,320 --> 00:55:26,120 Speaker 2: as a tool for his own power, and that has 1157 00:55:26,320 --> 00:55:30,880 Speaker 2: always That is not new, that has always been the case. 1158 00:55:31,480 --> 00:55:35,440 Speaker 2: So same with Zuckerberg. You know when it's b but 1159 00:55:35,520 --> 00:55:36,359 Speaker 2: it was cool to be woke. 1160 00:55:36,440 --> 00:55:37,000 Speaker 4: He was woke. 1161 00:55:37,160 --> 00:55:40,879 Speaker 2: Now he's moving his content moderation to Texas and he's 1162 00:55:40,880 --> 00:55:43,600 Speaker 2: wearing his chain and hanging out with Joe Rogan. What like. 1163 00:55:44,120 --> 00:55:48,280 Speaker 2: These people are shameless in service of their own power 1164 00:55:48,360 --> 00:55:51,200 Speaker 2: and their own self interest, and that is what's going 1165 00:55:51,200 --> 00:55:53,919 Speaker 2: on here. Absolutely, let me just roll through the rest 1166 00:55:53,920 --> 00:55:56,799 Speaker 2: of these elements. We mentioned Jeff Stein, who you know, 1167 00:55:56,920 --> 00:56:00,919 Speaker 2: fantastic economics reporter there. He says, massive encroachment by Jeff 1168 00:56:00,960 --> 00:56:04,040 Speaker 2: Bezos in the Washington Post opinion section today makes clear 1169 00:56:04,040 --> 00:56:06,319 Speaker 2: dissenting views will not be published or tolerated there. 1170 00:56:06,360 --> 00:56:08,120 Speaker 4: I still have not felt. 1171 00:56:07,920 --> 00:56:10,280 Speaker 2: Encroachment on my journalism on the news side of coverage, 1172 00:56:10,280 --> 00:56:12,319 Speaker 2: but if Bezos tries interfering with the news side, I 1173 00:56:12,400 --> 00:56:16,400 Speaker 2: will be quitting immediately. And letting you know, Marty Baron 1174 00:56:16,680 --> 00:56:21,000 Speaker 2: had weighed in before, previous editor in chief of the 1175 00:56:21,080 --> 00:56:23,640 Speaker 2: Washington Post, very well known. We put this up on 1176 00:56:23,680 --> 00:56:27,319 Speaker 2: the screen from the Daily Beast. He says, there is 1177 00:56:27,520 --> 00:56:29,680 Speaker 2: no doubt in my mind that Bezos is doing this 1178 00:56:29,760 --> 00:56:32,200 Speaker 2: on a fear of the consequences for his other business interests, 1179 00:56:32,239 --> 00:56:35,200 Speaker 2: Amazon source of his wealth, and Blue Origin, which represents 1180 00:56:35,239 --> 00:56:38,680 Speaker 2: his lifelong passion for space exploration. Baron wrote Wednesday, he 1181 00:56:38,719 --> 00:56:41,360 Speaker 2: has prioritized those commercial interests over the Post, and he 1182 00:56:41,440 --> 00:56:44,719 Speaker 2: is betraying the post long standing principles in order to 1183 00:56:44,800 --> 00:56:48,960 Speaker 2: do so. I think that is fairly undeniable at this point. 1184 00:56:49,080 --> 00:56:51,600 Speaker 2: And he also points out which I didn't even realize. 1185 00:56:51,680 --> 00:56:53,960 Speaker 2: He says, it was only weeks ago the Post described 1186 00:56:54,000 --> 00:56:57,160 Speaker 2: itself as providing coverage for quote all of America. Now 1187 00:56:57,160 --> 00:56:59,960 Speaker 2: its opinion pages will be open to only some of America, though, 1188 00:57:00,080 --> 00:57:04,720 Speaker 2: who think exactly as he does. Also worth noting soccer 1189 00:57:05,880 --> 00:57:10,960 Speaker 2: Amazon had floated that what forty million dollar Millennia documentary, 1190 00:57:11,520 --> 00:57:17,040 Speaker 2: So also, you know, funneling cash into the First Ladies 1191 00:57:17,120 --> 00:57:20,840 Speaker 2: Bank account to the Trump and the Trump family bank 1192 00:57:20,840 --> 00:57:23,720 Speaker 2: account there as well as one more way of careering 1193 00:57:23,800 --> 00:57:28,280 Speaker 2: favor the Trump administration. Pretty happy with this. You can 1194 00:57:28,320 --> 00:57:30,560 Speaker 2: put this tweet up on the screen. So this is 1195 00:57:30,800 --> 00:57:33,240 Speaker 2: Stephen Chung's assistant is the President and White House Director 1196 00:57:33,280 --> 00:57:37,280 Speaker 2: of Communications with the Little Grinch evil smile. In reply 1197 00:57:37,480 --> 00:57:41,600 Speaker 2: to Jeff Bezos's note that he sent out here and 1198 00:57:42,040 --> 00:57:43,680 Speaker 2: last piece I'll put up on the screen. This is 1199 00:57:43,720 --> 00:57:46,880 Speaker 2: from Sarabamari, who actually writes a newsletter. 1200 00:57:46,480 --> 00:57:48,280 Speaker 4: With Emily over at Unheard Ryan. 1201 00:57:48,360 --> 00:57:51,000 Speaker 2: Emily had him on the show recently, and he says, 1202 00:57:51,040 --> 00:57:55,000 Speaker 2: Jeff Bezos rebrands a Washington Post as the Billionaires think Tank. 1203 00:57:56,560 --> 00:57:59,360 Speaker 2: And he says, one of the world's richest men once 1204 00:57:59,400 --> 00:58:01,880 Speaker 2: his newspaper push policies that favor the rich. That's the 1205 00:58:01,960 --> 00:58:05,880 Speaker 2: upshot of Jeff Bezos's announcement today. Henceforth, the Amazon boss 1206 00:58:05,880 --> 00:58:09,200 Speaker 2: decreed his paper's comment pages will promote libertarianism, quote free 1207 00:58:09,200 --> 00:58:12,400 Speaker 2: markets and personal liberty, and will not publish opinions contradicting 1208 00:58:12,400 --> 00:58:15,120 Speaker 2: these central principles. While the story has a dog bites 1209 00:58:15,200 --> 00:58:18,520 Speaker 2: man quality breaking tycoon prefers low taxes and weak unions, 1210 00:58:18,560 --> 00:58:21,080 Speaker 2: it's still a dismaying turn since the Wall Street Journal 1211 00:58:21,120 --> 00:58:23,280 Speaker 2: comment pages, where I cut my teeth, are also strictly 1212 00:58:23,280 --> 00:58:26,040 Speaker 2: committed to free market libertarianism. It leaves the New York 1213 00:58:26,040 --> 00:58:28,520 Speaker 2: Times opinion page as the only national print outlet where 1214 00:58:28,520 --> 00:58:32,000 Speaker 2: writers can argue for greater union density and more robust 1215 00:58:32,040 --> 00:58:36,520 Speaker 2: antitrust enforcement, say or against Wall streets following out of 1216 00:58:36,560 --> 00:58:41,040 Speaker 2: the real economy. And I'm sure Stoler could spend hours 1217 00:58:41,440 --> 00:58:45,080 Speaker 2: regaling us with tales of how Jeff Bezos is the 1218 00:58:45,240 --> 00:58:50,120 Speaker 2: antithesis of someone who was committed to actual free market competition. 1219 00:58:51,240 --> 00:58:55,240 Speaker 2: So just coming out and overtly backing this pro alergarch 1220 00:58:55,360 --> 00:58:58,200 Speaker 2: agenda and also signaling like a right word shift for 1221 00:58:58,320 --> 00:58:59,840 Speaker 2: the paper in the era of. 1222 00:59:00,600 --> 00:59:03,919 Speaker 3: That's what I mean, though it's actually it's not right 1223 00:59:04,160 --> 00:59:08,440 Speaker 3: word in a sense. It's just the most naked like 1224 00:59:08,600 --> 00:59:11,720 Speaker 3: when you say personal liberty and free markets, it's really 1225 00:59:11,800 --> 00:59:14,080 Speaker 3: just a libertarian like mask off. 1226 00:59:14,240 --> 00:59:15,440 Speaker 1: Actually it's not even libertarian. 1227 00:59:15,480 --> 00:59:19,200 Speaker 3: It's what corporate capture libertarians, and it's like corporate libertarian. 1228 00:59:18,960 --> 00:59:20,120 Speaker 1: And just openly saying it. 1229 00:59:20,120 --> 00:59:22,240 Speaker 3: You don't believe in personal liberty, dude, Like you don't 1230 00:59:22,280 --> 00:59:25,680 Speaker 3: believe in free markets. It's just the worshiping of those 1231 00:59:25,800 --> 00:59:28,960 Speaker 3: ideals and frankly tricking a bunch of idiots into backing 1232 00:59:29,000 --> 00:59:32,400 Speaker 3: it so that you continue to get your tax benefit cuts, 1233 00:59:32,440 --> 00:59:36,120 Speaker 3: your you know, all preferential treatment, making sure that you 1234 00:59:36,120 --> 00:59:39,720 Speaker 3: don't face even like modest workforce concessions. 1235 00:59:40,000 --> 00:59:41,040 Speaker 1: That's what this whole thing is. 1236 00:59:41,760 --> 00:59:44,360 Speaker 3: And look, I mean, in a way, thank you for 1237 00:59:44,440 --> 00:59:47,320 Speaker 3: telling us the truth. Finally, it was obvious for some 1238 00:59:47,400 --> 00:59:49,640 Speaker 3: of us. Perhaps it will be obvious to the rest 1239 00:59:49,640 --> 00:59:51,760 Speaker 3: of you, and maybe the corporate pressure will stop defending them, 1240 00:59:51,800 --> 00:59:54,120 Speaker 3: although I highly doobt that because they're subject to. 1241 00:59:54,160 --> 00:59:56,640 Speaker 1: Many of the same pressures. All Right, we will see 1242 00:59:56,640 --> 00:59:57,280 Speaker 1: you guys later. 1243 00:59:57,360 --> 00:59:59,360 Speaker 3: Make sure you guys subscribe so you can watch the 1244 00:59:59,680 --> 01:00:03,400 Speaker 3: row Hit Choprah interview. Really looking forward personally to taking 1245 01:00:03,400 --> 01:00:05,120 Speaker 3: a look at it. Supporting that type of work. Here 1246 01:00:05,160 --> 01:00:07,240 Speaker 3: we do a breaking points otherwise, we'll see you later.