1 00:00:00,760 --> 00:00:03,720 Speaker 1: Hey, guys, ready or not, twenty twenty four is here, 2 00:00:03,880 --> 00:00:06,280 Speaker 1: and we here at breaking points, are already thinking of 3 00:00:06,400 --> 00:00:08,600 Speaker 1: ways we can up our game for this critical election. 4 00:00:08,800 --> 00:00:11,719 Speaker 2: We rely on our premium subs to expand coverage, upgrade 5 00:00:11,760 --> 00:00:15,720 Speaker 2: the studio ad staff, give you, guys, the best independent. 6 00:00:15,160 --> 00:00:16,239 Speaker 3: Coverage that is possible. 7 00:00:16,280 --> 00:00:18,279 Speaker 2: If you like what we're all about, it just means 8 00:00:18,320 --> 00:00:20,840 Speaker 2: the absolute world to have your support. But enough with that, 9 00:00:21,000 --> 00:00:23,440 Speaker 2: let's get to the show. 10 00:00:24,760 --> 00:00:25,120 Speaker 1: Everything. 11 00:00:36,479 --> 00:00:38,720 Speaker 2: A bit of an interesting incident causing a lot of 12 00:00:38,720 --> 00:00:40,160 Speaker 2: controversy here in Capitol Oil. 13 00:00:40,240 --> 00:00:42,479 Speaker 3: Let's go and put this up there on the screen. 14 00:00:42,600 --> 00:00:47,680 Speaker 2: So Congressman Van Orden, a former US Navy seal from Wisconsin, 15 00:00:47,840 --> 00:00:52,199 Speaker 2: is being rebuked by the Senate Chamber because he yelled 16 00:00:52,280 --> 00:00:54,760 Speaker 2: at some high school age pages. 17 00:00:55,200 --> 00:00:59,440 Speaker 3: So I guess let's first explain the situation. These Senate pages. 18 00:00:59,360 --> 00:01:02,880 Speaker 2: Were playing on the floor of the Capitol Rotunda on 19 00:01:03,000 --> 00:01:07,080 Speaker 2: Wednesday night because the Senate had late votes. They apparently 20 00:01:07,120 --> 00:01:09,920 Speaker 2: were laying on that floor and they had their phones 21 00:01:09,959 --> 00:01:13,520 Speaker 2: and were taking pictures of the dome, which from the 22 00:01:13,720 --> 00:01:16,800 Speaker 2: direct center, which actually is a very beautiful picture if 23 00:01:16,800 --> 00:01:19,280 Speaker 2: you've ever seen it. I encourage anybody if you're ever 24 00:01:19,360 --> 00:01:21,119 Speaker 2: on a tour, try and go to the Dead Center 25 00:01:21,160 --> 00:01:22,800 Speaker 2: and actually look up, because it is pretty cool. It's 26 00:01:22,880 --> 00:01:26,360 Speaker 2: very beautiful artwork, some famous stuff going on there. But 27 00:01:26,440 --> 00:01:29,640 Speaker 2: eventually what happened is that Van Orden apparently came in 28 00:01:29,640 --> 00:01:34,320 Speaker 2: there and called these kids quote little shits. He's like, 29 00:01:34,319 --> 00:01:36,760 Speaker 2: what do you think you're doing here? Yelled at them, like, 30 00:01:36,800 --> 00:01:39,440 Speaker 2: got in their face, told them to leave. He said, 31 00:01:39,480 --> 00:01:41,759 Speaker 2: I don't give a shit who you are. I'm a congressman. 32 00:01:41,880 --> 00:01:46,040 Speaker 2: Get the fuck out of here. So vicious tirade against 33 00:01:46,040 --> 00:01:48,720 Speaker 2: the pages. And now it's chamber on chamber action. He's 34 00:01:48,760 --> 00:01:52,400 Speaker 2: been censored officially by the Senate, so McConnell and Schumer 35 00:01:52,680 --> 00:01:55,280 Speaker 2: calling him out for doing this. There's also some speculation 36 00:01:55,360 --> 00:01:58,760 Speaker 2: as to whether Van Orden himself was drunk when any 37 00:01:58,760 --> 00:02:00,800 Speaker 2: of this happened. Let's go and put this one up 38 00:02:00,800 --> 00:02:04,320 Speaker 2: there on the screen. There's actually a photo there. So 39 00:02:04,440 --> 00:02:06,960 Speaker 2: Van Orden claims the Capitol rotunda served as a field 40 00:02:06,960 --> 00:02:10,000 Speaker 2: hospital where countless Union soldiers died fighting to Freeman in 41 00:02:10,000 --> 00:02:11,920 Speaker 2: the Civil War. I've long sent our nation's capital as 42 00:02:11,919 --> 00:02:14,120 Speaker 2: a symbol of sacrificer service to my women have been 43 00:02:14,120 --> 00:02:14,720 Speaker 2: treated for his country. 44 00:02:14,760 --> 00:02:16,359 Speaker 3: She never be treated like a fratthouse. 45 00:02:15,960 --> 00:02:18,760 Speaker 2: Common room, threatening a congressman with bad press to excuse 46 00:02:18,800 --> 00:02:21,280 Speaker 2: poor behavior as a reminder of everything that's wrong with Washington. 47 00:02:21,600 --> 00:02:23,200 Speaker 3: Luckily, bad press has never bothered me. 48 00:02:23,240 --> 00:02:24,720 Speaker 2: And if it's the price I paid a stand up 49 00:02:24,760 --> 00:02:28,400 Speaker 2: for what's right, then so be itgged God. Also, we 50 00:02:28,400 --> 00:02:30,480 Speaker 2: can see the photo here. Let's put the photo up 51 00:02:30,520 --> 00:02:33,440 Speaker 2: there please on the screen. This actually shows you Congressman 52 00:02:33,520 --> 00:02:37,040 Speaker 2: Van Ordon's office, beer bottles and alcohol on the table. 53 00:02:37,320 --> 00:02:37,840 Speaker 3: Van Orden. 54 00:02:37,919 --> 00:02:40,399 Speaker 2: To be fair to him, he says that he does 55 00:02:40,480 --> 00:02:43,480 Speaker 2: beer and cheese tours out of his office for constituents. 56 00:02:43,680 --> 00:02:44,840 Speaker 3: That's why the alcohol was there. 57 00:02:44,840 --> 00:02:47,480 Speaker 2: It's not indicative of him being drunk during the incident, 58 00:02:47,560 --> 00:02:49,000 Speaker 2: So your thoughts crystal well. 59 00:02:49,040 --> 00:02:51,520 Speaker 1: They also say that his staff were heard partying loudly 60 00:02:51,560 --> 00:02:55,360 Speaker 1: before he cursed it. The fifteen year old Senate pages 61 00:02:55,360 --> 00:02:59,400 Speaker 1: who were doing absolutely nothing wrong taking pictures actually showing 62 00:02:59,440 --> 00:03:03,640 Speaker 1: I mean really showing reverence to the Capitol building that 63 00:03:03,680 --> 00:03:06,560 Speaker 1: they wanted to you know, capture, and remember what I mean. 64 00:03:06,600 --> 00:03:09,040 Speaker 4: This has come on. I always think that. 65 00:03:08,960 --> 00:03:11,720 Speaker 1: The way you treat people who are lower on the 66 00:03:11,720 --> 00:03:14,600 Speaker 1: totem pole than you in terms of social hierarchies is 67 00:03:14,639 --> 00:03:17,720 Speaker 1: the most revealing aspect of a human being we see 68 00:03:17,760 --> 00:03:20,840 Speaker 1: in this business all the time. How do hosts treat 69 00:03:20,880 --> 00:03:23,080 Speaker 1: their makeup artists, how do they treat the crew? What 70 00:03:23,080 --> 00:03:25,079 Speaker 1: do they act like when the cameras are not on? 71 00:03:25,320 --> 00:03:29,000 Speaker 1: And so to be screaming at these fifteen year old 72 00:03:29,040 --> 00:03:30,679 Speaker 1: pages who were there, By the way, I don't know 73 00:03:30,680 --> 00:03:32,680 Speaker 1: if people know, like what the page program is. When 74 00:03:32,720 --> 00:03:36,200 Speaker 1: can you get selected by your congressman? Most congress people 75 00:03:36,280 --> 00:03:39,320 Speaker 1: run like some sort of a contest for civic minded 76 00:03:39,440 --> 00:03:42,640 Speaker 1: youngsters to compete to be able to get this honor 77 00:03:42,760 --> 00:03:45,040 Speaker 1: of coming here and spending I don't know if it's 78 00:03:45,080 --> 00:03:46,440 Speaker 1: a semester a whole year. 79 00:03:47,960 --> 00:03:52,200 Speaker 4: Doing all the like grunt work running around the capital, yeah, 80 00:03:51,760 --> 00:03:53,640 Speaker 4: and that sort of stuff all around. 81 00:03:53,640 --> 00:03:56,280 Speaker 1: And this has been going on for many, many decades, 82 00:03:56,320 --> 00:03:59,520 Speaker 1: as program spending existence for a long time. And so 83 00:03:59,760 --> 00:04:02,600 Speaker 1: to to treat these kids this way, I mean, come on, 84 00:04:02,880 --> 00:04:05,800 Speaker 1: if you really have a problem with their behavior, you 85 00:04:05,840 --> 00:04:08,280 Speaker 1: could explain to them why this is. You know, this 86 00:04:08,360 --> 00:04:11,560 Speaker 1: is important, an important place, and here's the history, and 87 00:04:11,600 --> 00:04:13,440 Speaker 1: here's why you should be, you know, laying on the 88 00:04:13,480 --> 00:04:15,640 Speaker 1: floor taking a photo. Athough again, I personally think there 89 00:04:15,680 --> 00:04:18,720 Speaker 1: was absolutely nothing wrong with it, so much worse behavior 90 00:04:18,760 --> 00:04:19,880 Speaker 1: on his part than on the part of. 91 00:04:19,960 --> 00:04:22,560 Speaker 2: Well, apparently that there's a tradition where they get to 92 00:04:22,680 --> 00:04:26,040 Speaker 2: rest inside the Capitol whenever there's late night votes going on. 93 00:04:26,200 --> 00:04:28,960 Speaker 2: So I think that he misunderstood the situation and he 94 00:04:29,040 --> 00:04:30,599 Speaker 2: wasn't these a newer congressman. 95 00:04:30,640 --> 00:04:33,159 Speaker 3: So I think that's part of the reason why. H Yeah, 96 00:04:33,160 --> 00:04:33,800 Speaker 3: I mean, I don't think. 97 00:04:33,680 --> 00:04:36,279 Speaker 2: You should be treating kids this way, and you certainly 98 00:04:36,320 --> 00:04:38,440 Speaker 2: shouldn't be yelling at them, as you said, if you 99 00:04:38,480 --> 00:04:40,359 Speaker 2: really thought they were doing wrong, he could have explained 100 00:04:40,400 --> 00:04:42,120 Speaker 2: maybe they didn't know that people died on the floor 101 00:04:42,160 --> 00:04:42,520 Speaker 2: or whatever. 102 00:04:42,560 --> 00:04:44,080 Speaker 3: Also, I still don't think that they were doing it. 103 00:04:44,080 --> 00:04:46,920 Speaker 2: They weren't anything particularly out of order. And so yeah, 104 00:04:47,000 --> 00:04:49,320 Speaker 2: now this is like a mini scandal on Capitol Hill. 105 00:04:49,600 --> 00:04:53,120 Speaker 2: Some people are trolling him a congressman. Actually, Chip Roy 106 00:04:53,520 --> 00:04:56,080 Speaker 2: did the actual pose laying on the ground and taking 107 00:04:56,120 --> 00:04:58,920 Speaker 2: the photo, really tagged him in it. Yeah, so he's 108 00:04:59,000 --> 00:05:03,360 Speaker 2: his own colleague Cruise. Yeah, people are really making fun 109 00:05:03,400 --> 00:05:05,080 Speaker 2: of this guy. So well, I mean, him and his 110 00:05:05,080 --> 00:05:07,200 Speaker 2: staff are refusing to back down. They're like, listen, he 111 00:05:07,240 --> 00:05:07,880 Speaker 2: did nothing wrong. 112 00:05:07,920 --> 00:05:08,560 Speaker 3: He did the right thing. 113 00:05:08,640 --> 00:05:09,360 Speaker 4: That's the other thing. 114 00:05:09,480 --> 00:05:11,960 Speaker 1: That irritates me about it is you know what if 115 00:05:11,960 --> 00:05:14,120 Speaker 1: he put out a statement that was like, you know what, guys, 116 00:05:14,160 --> 00:05:16,280 Speaker 1: I was tired, it was late, I popped off. 117 00:05:16,320 --> 00:05:19,160 Speaker 4: I shouldn't have done it. I'm sorry. Okay, that's one 118 00:05:19,200 --> 00:05:20,760 Speaker 4: one thing, right, But. 119 00:05:20,839 --> 00:05:23,640 Speaker 1: He doubles down on this like he's standing up for 120 00:05:23,680 --> 00:05:26,200 Speaker 1: the honor of the nation by cursing out a group 121 00:05:26,200 --> 00:05:29,960 Speaker 1: of kids. Like luckily, bad press is never bothered me. 122 00:05:29,960 --> 00:05:32,279 Speaker 1: If it's the price I pay to stand up for 123 00:05:32,360 --> 00:05:33,600 Speaker 1: what's right, then so be it. 124 00:05:33,800 --> 00:05:37,440 Speaker 4: Like, come on, dude, take take the L. Take the L. 125 00:05:37,960 --> 00:05:42,200 Speaker 1: And apparently also he had previously cursed out some like 126 00:05:42,800 --> 00:05:46,919 Speaker 1: library page, another kid I saw over some like book 127 00:05:47,040 --> 00:05:49,599 Speaker 1: in the library that he didn't like or whatever, back 128 00:05:49,640 --> 00:05:50,360 Speaker 1: in Wisconsin. 129 00:05:50,520 --> 00:05:52,160 Speaker 4: So this is this is a pattern for him. 130 00:05:52,160 --> 00:05:54,719 Speaker 1: And I'm sure he's all family values, et cetera, et cetera, 131 00:05:54,800 --> 00:05:56,359 Speaker 1: if you were to ask him his political views. 132 00:05:56,560 --> 00:05:58,040 Speaker 3: Okay, all right, good for him. 133 00:05:58,160 --> 00:06:04,040 Speaker 2: We'll see you guys later. A really sad new economic development. 134 00:06:04,080 --> 00:06:05,599 Speaker 2: That's just a sign of the times. Let's put this 135 00:06:05,680 --> 00:06:09,359 Speaker 2: up there on the screen. Local malls, once the hallmark 136 00:06:09,400 --> 00:06:12,880 Speaker 2: of a community, are now stuck in quote a death 137 00:06:12,960 --> 00:06:16,400 Speaker 2: spiral and are plunging in value in terms of commercial 138 00:06:16,440 --> 00:06:19,600 Speaker 2: real estate. They point to Crystal that quote, lower end 139 00:06:19,600 --> 00:06:22,360 Speaker 2: malls are now worth at least fifty percent and in 140 00:06:22,400 --> 00:06:25,760 Speaker 2: some cases more than seventy percent less than they were 141 00:06:25,800 --> 00:06:31,200 Speaker 2: when mall valuations peaked in late twenty and sixteen the overall. 142 00:06:31,320 --> 00:06:34,200 Speaker 2: They point to several malls, for example, that have been 143 00:06:34,200 --> 00:06:38,200 Speaker 2: sold at foreclosure auction. The best example was one which 144 00:06:38,279 --> 00:06:41,040 Speaker 2: was appraised in twenty twelve for one hundred and fifty 145 00:06:41,040 --> 00:06:44,280 Speaker 2: three million dollars sold at foreclosure for just nine point 146 00:06:44,400 --> 00:06:49,040 Speaker 2: five wow. Quote, more than fourteen billion dollars of loans 147 00:06:49,040 --> 00:06:51,800 Speaker 2: are backed by properties come due just in the next 148 00:06:51,839 --> 00:06:55,800 Speaker 2: twelve months. Mortgage rates are actually up, so refinancing that 149 00:06:55,800 --> 00:06:59,160 Speaker 2: debt is going to be dramatically more challenging and expensive. 150 00:06:59,400 --> 00:07:03,200 Speaker 2: At the very same time that overall department store closures 151 00:07:03,400 --> 00:07:07,279 Speaker 2: are actually much higher this year than the previous two years, 152 00:07:07,440 --> 00:07:10,560 Speaker 2: and we're beginning to normalize over the baseline. I mean, really, 153 00:07:10,600 --> 00:07:14,160 Speaker 2: what's interesting to me is looking at department store closures 154 00:07:14,400 --> 00:07:18,200 Speaker 2: in malls. It peaked in twenty eighteen, twenty nineteen, and 155 00:07:18,240 --> 00:07:21,360 Speaker 2: then anything that did survive appears to be dying now 156 00:07:21,400 --> 00:07:24,040 Speaker 2: in twenty twenty three, so it was already basically on 157 00:07:24,080 --> 00:07:26,560 Speaker 2: its last legs and now somebody's coming through and like 158 00:07:26,600 --> 00:07:27,520 Speaker 2: shooting the rests. 159 00:07:27,600 --> 00:07:29,080 Speaker 3: But yeah, it's very sad. 160 00:07:29,120 --> 00:07:32,040 Speaker 2: I mean, like, for example, they point to Macy's, JC, 161 00:07:32,160 --> 00:07:35,680 Speaker 2: Penny and Sears closed quote eight hundred and seventy five 162 00:07:35,760 --> 00:07:39,600 Speaker 2: stores just between twenty nineteen and twenty twenty, and that 163 00:07:39,720 --> 00:07:43,640 Speaker 2: quote COVID and more has quote accelerated the death spiral 164 00:07:44,000 --> 00:07:47,400 Speaker 2: of the industry because the department stores were the anchors 165 00:07:47,640 --> 00:07:50,239 Speaker 2: that a lot of the smaller businesses could be around. 166 00:07:50,520 --> 00:07:52,440 Speaker 2: I don't know, I may I'm just personally nostalgic for 167 00:07:52,480 --> 00:07:54,440 Speaker 2: this because it was like a huge thing to do 168 00:07:54,520 --> 00:07:56,760 Speaker 2: in the pre Internet era, go to. 169 00:07:56,800 --> 00:07:57,360 Speaker 4: Go to the mall. 170 00:07:57,480 --> 00:07:59,720 Speaker 2: I mean it just like, isn't there like a little 171 00:07:59,720 --> 00:08:02,200 Speaker 2: strang your Things season around the mall? 172 00:08:02,240 --> 00:08:04,040 Speaker 4: I mean it's just where there's a whole like mall 173 00:08:04,120 --> 00:08:05,240 Speaker 4: cop series. 174 00:08:05,000 --> 00:08:07,600 Speaker 2: Yeah, the Paul Blart Mall cop I mean, many of 175 00:08:07,640 --> 00:08:11,640 Speaker 2: these like connected culturally because it was genuinely a shared experience. 176 00:08:11,720 --> 00:08:14,560 Speaker 2: It was a huge hub actually for local commerce, and 177 00:08:14,600 --> 00:08:18,160 Speaker 2: it basically just looks dead after the Internet and especially 178 00:08:18,200 --> 00:08:20,200 Speaker 2: after COVID. 179 00:08:20,280 --> 00:08:21,160 Speaker 3: So it's really sad. 180 00:08:21,240 --> 00:08:24,160 Speaker 1: Yeah, I mean, these things were already suffering in the 181 00:08:24,920 --> 00:08:28,680 Speaker 1: online retail era, and then Covid hits and that was 182 00:08:28,720 --> 00:08:30,640 Speaker 1: like a death noel for a lot of them. And 183 00:08:30,760 --> 00:08:32,480 Speaker 1: I was a little bit helpful because I do like 184 00:08:32,520 --> 00:08:34,200 Speaker 1: the mall. I still go to the mall. I still 185 00:08:34,200 --> 00:08:36,360 Speaker 1: am very attached to my local mall, which is the 186 00:08:36,480 --> 00:08:38,280 Speaker 1: mall that I went to as a child and as 187 00:08:38,280 --> 00:08:41,160 Speaker 1: a teenager shout out to these Pennsylvania town Center and 188 00:08:41,400 --> 00:08:45,920 Speaker 1: it felt like at my local mall, actually there's been 189 00:08:46,120 --> 00:08:48,199 Speaker 1: pretty good foot traffic. Like when I go in there, 190 00:08:48,200 --> 00:08:50,600 Speaker 1: it's not dead. I will say. The department stores are 191 00:08:50,800 --> 00:08:52,400 Speaker 1: very sad. You go in there and there's like no 192 00:08:52,559 --> 00:08:56,280 Speaker 1: salespeople and the all the merchandise is super old and 193 00:08:56,559 --> 00:08:59,120 Speaker 1: it's pretty sparse, Like the department store situation is kind 194 00:08:59,120 --> 00:09:03,240 Speaker 1: of sad. But overall, my little anecdotal assessment being at 195 00:09:03,280 --> 00:09:06,040 Speaker 1: my own mall was that like, oh, maybe post pandemic, 196 00:09:06,559 --> 00:09:09,440 Speaker 1: it's actually made people appreciate being in person more. Maybe 197 00:09:09,440 --> 00:09:12,640 Speaker 1: there's been like a little mini resurgence in the mall world. 198 00:09:12,679 --> 00:09:13,560 Speaker 4: No, not so much so. 199 00:09:13,960 --> 00:09:17,400 Speaker 1: You had initially right downtowns that got destroyed by the mall, 200 00:09:17,760 --> 00:09:20,320 Speaker 1: by suburban shopping, and now you have the suburban shopping 201 00:09:20,360 --> 00:09:23,400 Speaker 1: getting destroyed by online, and some malls that I've seen, 202 00:09:23,440 --> 00:09:26,199 Speaker 1: even the big department stores are now basically like Amazon Warehouse. 203 00:09:26,280 --> 00:09:29,320 Speaker 2: Right, That's the thing is effectively, what has happened is 204 00:09:29,360 --> 00:09:31,760 Speaker 2: that there's been incredible a months of concentrations. So instead 205 00:09:31,760 --> 00:09:34,600 Speaker 2: of the dispersed eight hundred stores, there's now just super malls. 206 00:09:34,640 --> 00:09:36,920 Speaker 2: Like the top ten percent locations are really the only 207 00:09:36,960 --> 00:09:39,800 Speaker 2: ones that survive. I'm relatively lucky, you know, both of 208 00:09:39,840 --> 00:09:42,840 Speaker 2: us are because you live in very populated areas, like 209 00:09:42,840 --> 00:09:46,880 Speaker 2: the populated area more so than like Texas where I'm from, right, 210 00:09:47,040 --> 00:09:50,080 Speaker 2: Like I could drive an hour from where I'm from 211 00:09:50,080 --> 00:09:52,280 Speaker 2: and actually not see anybody a little bit less now, 212 00:09:52,320 --> 00:09:53,680 Speaker 2: but specifically whenever I was. 213 00:09:53,640 --> 00:09:55,520 Speaker 1: Growing, from where I am from where I live to 214 00:09:55,559 --> 00:09:58,360 Speaker 1: the mall is forty five minutes, So all right, that's 215 00:09:58,400 --> 00:09:59,600 Speaker 1: my local town. 216 00:10:00,320 --> 00:10:02,360 Speaker 2: I mean, we at least, you know, around d C, 217 00:10:03,000 --> 00:10:06,400 Speaker 2: we have like super malls that certainly are doing well. 218 00:10:07,000 --> 00:10:08,640 Speaker 2: But the problem in my opinion, is that now they're 219 00:10:08,720 --> 00:10:12,600 Speaker 2: super crowded because they're like the only malls that everybody 220 00:10:12,600 --> 00:10:13,000 Speaker 2: can go to. 221 00:10:13,120 --> 00:10:15,640 Speaker 3: So now there's like one mall for like a million people. 222 00:10:15,679 --> 00:10:19,000 Speaker 2: Effectively, yeah, and so it's actually your unpleasant experience I 223 00:10:19,080 --> 00:10:21,520 Speaker 2: think whenever you visit it. But yeah, I mean it's 224 00:10:21,520 --> 00:10:24,319 Speaker 2: just a cultural touchstone which I think is just dying. 225 00:10:24,400 --> 00:10:27,040 Speaker 2: Is it's just effectively gone at this point, and the 226 00:10:27,080 --> 00:10:29,640 Speaker 2: shared experience I think for teenagers and all that. If 227 00:10:29,640 --> 00:10:31,800 Speaker 2: you live in a more suburban area. I don't know 228 00:10:31,800 --> 00:10:33,199 Speaker 2: if it's going to be accessible to a lot of it. 229 00:10:33,200 --> 00:10:35,360 Speaker 2: I don't really know what people do now, but it's 230 00:10:35,360 --> 00:10:37,520 Speaker 2: not this and it's just that's the interesting Yeah, you're 231 00:10:37,559 --> 00:10:38,280 Speaker 2: right scrolling. 232 00:10:38,480 --> 00:10:40,160 Speaker 1: Yeah, I mean that is there's just a lot less 233 00:10:40,200 --> 00:10:42,800 Speaker 1: that's like in person, because yeah, when I was a teenager, 234 00:10:43,000 --> 00:10:45,959 Speaker 1: that was the thing to do, especially once I could drive, 235 00:10:46,440 --> 00:10:48,680 Speaker 1: you know, go with your friends, just go walk around, 236 00:10:48,800 --> 00:10:52,520 Speaker 1: get a pretzel at Antie ends that Yeah, still a 237 00:10:52,520 --> 00:10:53,120 Speaker 1: big fan of that. 238 00:10:53,160 --> 00:10:54,960 Speaker 4: Actually, we had anti Ens pretzels. 239 00:10:54,640 --> 00:10:56,439 Speaker 2: That are well you can get them. You can get 240 00:10:56,480 --> 00:10:57,960 Speaker 2: them now in the airport. 241 00:10:58,040 --> 00:10:59,600 Speaker 3: That's the only time I even seeing on there. 242 00:11:00,240 --> 00:11:00,600 Speaker 4: They don't. 243 00:11:00,760 --> 00:11:03,520 Speaker 1: They're still so good. So go to your local mall 244 00:11:04,000 --> 00:11:05,440 Speaker 1: for no other reason than to buy. 245 00:11:05,360 --> 00:11:05,960 Speaker 3: The hot prouss. 246 00:11:05,960 --> 00:11:07,920 Speaker 2: I feel like this smell is particularly I don't know 247 00:11:07,920 --> 00:11:09,480 Speaker 2: if it's fake or not kind of like subway is 248 00:11:09,520 --> 00:11:12,319 Speaker 2: a fake bread smell, but man, it does hit every 249 00:11:12,320 --> 00:11:16,120 Speaker 2: single time. All right, everybody enjoy We'll see you guys later. 250 00:11:18,679 --> 00:11:21,240 Speaker 1: Did a monologue last week about a class trader that 251 00:11:21,280 --> 00:11:23,880 Speaker 1: I had my eye on, Abigail Disney. She is the 252 00:11:24,160 --> 00:11:27,679 Speaker 1: granddaughter of Roy Disney, one of the co founders of Disney. 253 00:11:27,679 --> 00:11:30,920 Speaker 1: She's been speaking out, become quite an activist, recently got arrested, 254 00:11:31,240 --> 00:11:34,400 Speaker 1: and she's also a film producer. And she joins us, Now, 255 00:11:34,400 --> 00:11:35,840 Speaker 1: great to have you, Abigail. 256 00:11:35,480 --> 00:11:37,320 Speaker 3: Good to see you, great to be here. 257 00:11:38,440 --> 00:11:38,640 Speaker 4: Yeah. 258 00:11:38,640 --> 00:11:42,000 Speaker 1: Absolutely, So this interview gave to Rolling Stone really caught 259 00:11:42,000 --> 00:11:44,400 Speaker 1: my eyelists put this up on the screen. So one 260 00:11:44,440 --> 00:11:47,160 Speaker 1: of the things you say here is you woke up 261 00:11:47,200 --> 00:11:50,160 Speaker 1: one day and realized that just by virtue of being 262 00:11:50,160 --> 00:11:53,040 Speaker 1: born lucky, I had so much more than everyone else. 263 00:11:53,120 --> 00:11:55,680 Speaker 1: And I don't think I've slept well since I figured 264 00:11:55,720 --> 00:11:58,559 Speaker 1: that out. I wonder if you could reflect on that 265 00:11:58,600 --> 00:12:02,960 Speaker 1: moment of realization and also what you feel like you 266 00:12:03,000 --> 00:12:07,480 Speaker 1: owe to society given your birth into wealth and privilege. 267 00:12:08,559 --> 00:12:12,360 Speaker 5: Yeah, yeah, so, you know, actually, there were many moments 268 00:12:12,400 --> 00:12:16,120 Speaker 5: over the years, and the one moment about private planes 269 00:12:16,200 --> 00:12:18,880 Speaker 5: was definitely one moment when I was flying alone on 270 00:12:18,960 --> 00:12:22,679 Speaker 5: a seven thirty seven with you know, a waitress, I mean, 271 00:12:22,720 --> 00:12:25,480 Speaker 5: a stewardess flight attendant and a queen's size bed to 272 00:12:25,480 --> 00:12:30,040 Speaker 5: sleep in, and just you know, wrong, wrong, just wrong, 273 00:12:30,920 --> 00:12:34,360 Speaker 5: and I couldn't keep operating that way. It just felt 274 00:12:34,679 --> 00:12:36,440 Speaker 5: wrong in every conceivable way. 275 00:12:36,520 --> 00:12:37,920 Speaker 4: And I've I've had. 276 00:12:38,000 --> 00:12:41,840 Speaker 5: Moments like that along the way multiple times, and Yeah, 277 00:12:41,880 --> 00:12:44,240 Speaker 5: what it brings up in you is the idea that 278 00:12:44,480 --> 00:12:46,840 Speaker 5: you know that other people are suffering, a lot of 279 00:12:46,880 --> 00:12:50,880 Speaker 5: people are suffering, and sometimes indirectly as a result of 280 00:12:50,960 --> 00:12:53,120 Speaker 5: the reason you have. You have all that you have, 281 00:12:53,520 --> 00:12:58,120 Speaker 5: so you really have to kind of in interrogate the 282 00:12:58,600 --> 00:13:00,959 Speaker 5: things that put you in this city vantaged position you're 283 00:13:01,000 --> 00:13:04,199 Speaker 5: in and go find out what you can do about 284 00:13:04,240 --> 00:13:05,320 Speaker 5: some of this inequity. 285 00:13:05,559 --> 00:13:07,960 Speaker 3: That's what I'm trying to do, so, Abigail. 286 00:13:08,000 --> 00:13:09,800 Speaker 2: I mean one of the reasons too, that we've been 287 00:13:09,840 --> 00:13:11,680 Speaker 2: taking a lot of notice of your comments, not just 288 00:13:11,720 --> 00:13:13,319 Speaker 2: about that, but also you know, in terms of the 289 00:13:13,320 --> 00:13:16,480 Speaker 2: writers strike, we have the CEO of the company who 290 00:13:16,520 --> 00:13:19,760 Speaker 2: helm's one that bears your name, Bob Eiger, you know, 291 00:13:19,800 --> 00:13:22,640 Speaker 2: speaking out against the demands of these writers. So as 292 00:13:22,679 --> 00:13:24,920 Speaker 2: somebody both from your position but also, you know, you 293 00:13:25,000 --> 00:13:27,400 Speaker 2: have the Disney last name, Like, what did it feel 294 00:13:27,440 --> 00:13:30,000 Speaker 2: like to watch kind of that happen with somebody with 295 00:13:30,080 --> 00:13:32,240 Speaker 2: the scion of your family and something that you guys 296 00:13:32,280 --> 00:13:33,199 Speaker 2: work so hard to build? 297 00:13:34,320 --> 00:13:34,920 Speaker 3: Yeah, I know. 298 00:13:35,360 --> 00:13:38,600 Speaker 5: And Ashley, this is something I've not quietly been saying 299 00:13:38,600 --> 00:13:41,559 Speaker 5: about Bob Iger for quite some time now, because his 300 00:13:42,160 --> 00:13:45,080 Speaker 5: pay has been outrageous for years, and there was a 301 00:13:45,160 --> 00:13:48,240 Speaker 5: year in there when he made two thousand times what 302 00:13:48,400 --> 00:13:52,400 Speaker 5: his night janitors were making. And that's just again the 303 00:13:52,840 --> 00:13:55,400 Speaker 5: idea that you sleep well at night knowing that is 304 00:13:55,679 --> 00:13:59,360 Speaker 5: disturbing to me. What he said about what he said 305 00:13:59,360 --> 00:14:04,840 Speaker 5: about the demand being unrealistic and disruptive, those those were 306 00:14:04,880 --> 00:14:08,760 Speaker 5: the parts that really caught people off guard because. 307 00:14:08,400 --> 00:14:09,160 Speaker 3: That was. 308 00:14:10,800 --> 00:14:15,240 Speaker 5: Laying there the reality that those demands that the writers 309 00:14:15,240 --> 00:14:18,200 Speaker 5: and the actors are making are only unrealistic if you're 310 00:14:18,240 --> 00:14:23,040 Speaker 5: tethered to this particular way of doing capitalism, and it's 311 00:14:23,680 --> 00:14:26,080 Speaker 5: you have to be unrealistic about the lives of the 312 00:14:26,120 --> 00:14:29,800 Speaker 5: writers in order to expect them to live the way 313 00:14:29,800 --> 00:14:33,120 Speaker 5: that they've been living. So our unrealisms are colliding with 314 00:14:33,160 --> 00:14:35,920 Speaker 5: each other, and there's going something's going to have to give. 315 00:14:36,040 --> 00:14:38,480 Speaker 5: And what's been giving up till now is almost constantly 316 00:14:38,560 --> 00:14:43,520 Speaker 5: the workers the way we do capitalists, and this fundamentalist 317 00:14:43,680 --> 00:14:46,640 Speaker 5: version of it that we practiced needs to change. And 318 00:14:46,720 --> 00:14:49,480 Speaker 5: Bob Eider is just as much a practitioner of fundamentalist 319 00:14:49,480 --> 00:14:51,840 Speaker 5: capitalism as as Jack Welch. 320 00:14:52,040 --> 00:14:52,760 Speaker 3: Wash. 321 00:14:52,920 --> 00:14:56,160 Speaker 1: Can you speak a little bit to the mindset, because 322 00:14:56,240 --> 00:14:58,120 Speaker 1: I mean you, you know, you swim in these circles, 323 00:14:58,200 --> 00:15:01,320 Speaker 1: and so you have perhaps a unique window into how 324 00:15:01,320 --> 00:15:04,200 Speaker 1: someone does sleep perfectly fine at night, while you know 325 00:15:04,280 --> 00:15:07,560 Speaker 1: some of their workers are homeless and unable to afford 326 00:15:07,640 --> 00:15:10,080 Speaker 1: just the basics of life that are going on on 327 00:15:10,160 --> 00:15:13,000 Speaker 1: strike because they can't afford rent, they can't afford to eat, 328 00:15:13,040 --> 00:15:15,880 Speaker 1: they certainly can't afford to have a family. How do 329 00:15:16,000 --> 00:15:18,600 Speaker 1: people who are in that position make sense of that 330 00:15:18,760 --> 00:15:20,920 Speaker 1: and still feel themselves to be moral actors. 331 00:15:22,040 --> 00:15:24,120 Speaker 5: Well, you know what a lot of those folks say 332 00:15:24,200 --> 00:15:26,960 Speaker 5: is I'm just paying the going rate. That's just the rate. 333 00:15:27,120 --> 00:15:29,480 Speaker 5: It's a free market and that's what you pay. And 334 00:15:29,600 --> 00:15:32,000 Speaker 5: it's not a free market. First of all, Disney gets 335 00:15:32,080 --> 00:15:35,560 Speaker 5: all kinds of incentives and perks from governments from local 336 00:15:35,840 --> 00:15:38,280 Speaker 5: to state to federals. So it's not a free market, 337 00:15:38,360 --> 00:15:40,200 Speaker 5: and it's not a free market in terms of wages, 338 00:15:40,280 --> 00:15:43,800 Speaker 5: because if McDonald's and the Gap and everybody else has 339 00:15:43,800 --> 00:15:47,040 Speaker 5: sort of made a gentleman's agreement and I use the 340 00:15:47,160 --> 00:15:51,840 Speaker 5: gender term intentionally here to keep wages where they are, 341 00:15:52,960 --> 00:15:56,920 Speaker 5: then it's not a free market. So the idea that 342 00:15:56,960 --> 00:15:59,080 Speaker 5: they're just paying the going rate is what helps them 343 00:15:59,120 --> 00:15:59,720 Speaker 5: sleep at night. 344 00:16:00,200 --> 00:16:04,200 Speaker 4: And then what I've heard is, well, but the government's 345 00:16:04,280 --> 00:16:04,960 Speaker 4: letting them down. 346 00:16:05,280 --> 00:16:07,800 Speaker 5: The government hasn't made sure that they can afford the 347 00:16:07,800 --> 00:16:11,440 Speaker 5: things they need, which is kind of an extraordinary hypocritical 348 00:16:11,600 --> 00:16:14,760 Speaker 5: cop out, given the way they fight the government at 349 00:16:14,800 --> 00:16:17,440 Speaker 5: every turn when it comes time to pay their taxes, 350 00:16:18,240 --> 00:16:21,280 Speaker 5: and they you know, and they strong arm all these 351 00:16:21,320 --> 00:16:23,720 Speaker 5: subsidies out of the government, and yet the government is 352 00:16:23,760 --> 00:16:26,400 Speaker 5: the first place they turn when they think their workers 353 00:16:26,400 --> 00:16:29,760 Speaker 5: aren't getting enough to eat. So the taxpayers are picking 354 00:16:29,800 --> 00:16:33,480 Speaker 5: up the bill for a lot of the shortfalls that 355 00:16:33,600 --> 00:16:36,640 Speaker 5: corporations are enforcing on their workers. And I feel like 356 00:16:36,800 --> 00:16:38,520 Speaker 5: the rank and file in this country should be a 357 00:16:38,560 --> 00:16:42,520 Speaker 5: lot angrier about the way we're doing right now, you know. 358 00:16:42,600 --> 00:16:45,120 Speaker 2: And I'm interested here. I'm most curious Abool in your 359 00:16:45,200 --> 00:16:48,760 Speaker 2: view of Disney itself. Everything I've read about Roy Disney, 360 00:16:48,800 --> 00:16:52,400 Speaker 2: about your father, about the belief in Disney animation, the 361 00:16:52,440 --> 00:16:55,920 Speaker 2: connection to the family, about Disney World, the experience that 362 00:16:56,000 --> 00:16:59,680 Speaker 2: the average family could get whenever they're connecting with the 363 00:16:59,760 --> 00:17:03,240 Speaker 2: day Disney brand, and the experience Erica we've seen it 364 00:17:03,400 --> 00:17:07,440 Speaker 2: monetized to an extraordinary degree. Is specifically also in recent 365 00:17:07,480 --> 00:17:09,840 Speaker 2: months in terms of prices and all that. Do you 366 00:17:09,960 --> 00:17:11,840 Speaker 2: view that kind of as a parallel to the same 367 00:17:11,920 --> 00:17:14,119 Speaker 2: societal problems of what we're seeing today. 368 00:17:14,880 --> 00:17:17,159 Speaker 5: So that's essentially why I made the film that I 369 00:17:17,320 --> 00:17:19,760 Speaker 5: just made, which is called The American Dream and Other 370 00:17:19,760 --> 00:17:21,800 Speaker 5: fairy Tales, and you can find it on I hate 371 00:17:21,800 --> 00:17:23,040 Speaker 5: saying this Amazon. 372 00:17:22,680 --> 00:17:25,760 Speaker 4: And iTunes, sorry about that. 373 00:17:27,040 --> 00:17:29,480 Speaker 5: You know, I was so struck by how different it 374 00:17:29,640 --> 00:17:31,520 Speaker 5: was from the way I remember it being when I 375 00:17:31,520 --> 00:17:34,160 Speaker 5: would grow with my grandfather, roy O Disney and then 376 00:17:34,160 --> 00:17:37,399 Speaker 5: my father roy E, And you know, I was so 377 00:17:37,480 --> 00:17:41,600 Speaker 5: struck by, first of all, the way my grandfather's related 378 00:17:41,640 --> 00:17:44,280 Speaker 5: to the employees there. You know, he really didn't see 379 00:17:44,320 --> 00:17:47,360 Speaker 5: himself as better than anyone. He didn't really see himself 380 00:17:47,440 --> 00:17:51,800 Speaker 5: as inhabiting a slice of society that was any you know, 381 00:17:51,880 --> 00:17:56,679 Speaker 5: higher or more important. And that's a really important mindset difference, 382 00:17:56,800 --> 00:17:59,280 Speaker 5: because that mindset difference is another piece of the way 383 00:17:59,320 --> 00:18:02,840 Speaker 5: you sleep well that night. When you're paying people submnimum wages, 384 00:18:02,880 --> 00:18:04,720 Speaker 5: you know, you sleep well at night because well, they're 385 00:18:04,760 --> 00:18:06,240 Speaker 5: not you, They're not like you. 386 00:18:06,240 --> 00:18:09,040 Speaker 3: You're a different person on this cloud. 387 00:18:09,440 --> 00:18:12,560 Speaker 5: So my grandfather never never acted that way, never treated 388 00:18:12,560 --> 00:18:15,119 Speaker 5: people their way. And he understood the job of being 389 00:18:15,119 --> 00:18:20,520 Speaker 5: a CEO as creating livelihoods, which is a very different 390 00:18:20,560 --> 00:18:25,479 Speaker 5: thing from just paying salaries or creating jobs. And he 391 00:18:25,560 --> 00:18:29,000 Speaker 5: really understood that people were raising their families on these wages. 392 00:18:29,080 --> 00:18:32,399 Speaker 5: And so if you were a janitor at Disneyland in 393 00:18:32,440 --> 00:18:35,080 Speaker 5: the beginning in the nineteen fifties and sixties, you could 394 00:18:35,119 --> 00:18:37,560 Speaker 5: afford to buy a house, You could afford to send 395 00:18:37,560 --> 00:18:39,840 Speaker 5: your children to college. Yes, this is partly the government 396 00:18:40,000 --> 00:18:45,119 Speaker 5: and you know, abandoning people as well, but it was 397 00:18:45,160 --> 00:18:48,840 Speaker 5: a kind of a three legged stool between labor and 398 00:18:49,080 --> 00:18:54,160 Speaker 5: government and corporations, and they were balancing each other out 399 00:18:54,520 --> 00:19:01,240 Speaker 5: better than and unfortunately we've taken that, we've taken that away, 400 00:19:01,520 --> 00:19:05,400 Speaker 5: and we taken away the middle class basically from our structure. 401 00:19:06,560 --> 00:19:10,800 Speaker 1: What would it take to rebalance things in a more 402 00:19:10,840 --> 00:19:13,679 Speaker 1: reasonable direction back to you know, I mean obviously we 403 00:19:13,760 --> 00:19:16,560 Speaker 1: recognize some of the inequities and the biases of that. 404 00:19:16,600 --> 00:19:17,760 Speaker 4: Generation as well. 405 00:19:17,800 --> 00:19:21,240 Speaker 1: But you said that you think that there's a fundamentalist 406 00:19:21,480 --> 00:19:24,960 Speaker 1: version of capitalism that is propelled by people like Bob Iger, 407 00:19:25,080 --> 00:19:26,720 Speaker 1: that is sort of reinforced by the government. 408 00:19:26,760 --> 00:19:28,879 Speaker 4: So what does it look like to rebalance those skills? 409 00:19:29,440 --> 00:19:31,919 Speaker 5: Yeah, I sometimes think that if we followed the line 410 00:19:32,520 --> 00:19:36,760 Speaker 5: back from here to Ronald Reagan's election in nineteen eighty 411 00:19:36,800 --> 00:19:40,680 Speaker 5: and just undo almost everything he did, all of those 412 00:19:40,720 --> 00:19:44,680 Speaker 5: tax cuts, all you know, from Trump's back to Bushes, 413 00:19:44,720 --> 00:19:48,399 Speaker 5: back to Reagan's original ones, all of the deregulation, the 414 00:19:48,520 --> 00:19:54,399 Speaker 5: handicapping of OSHA and NRB, the attack on unions that 415 00:19:54,480 --> 00:19:57,800 Speaker 5: happened at the federal, state, and local level. If you 416 00:19:57,960 --> 00:20:01,840 Speaker 5: just follow that line, the fairness doctrine and media, if 417 00:20:01,840 --> 00:20:04,680 Speaker 5: you just follow that line of things that Reagan got going, 418 00:20:04,720 --> 00:20:08,440 Speaker 5: and then other administrations, not always Republican, continued from there, 419 00:20:08,800 --> 00:20:09,960 Speaker 5: I think that would be. 420 00:20:09,920 --> 00:20:11,280 Speaker 3: The way that we would need to do it. 421 00:20:11,320 --> 00:20:13,320 Speaker 5: And the other thing we'd have to do is spend 422 00:20:13,320 --> 00:20:17,040 Speaker 5: money on education. You know, we have been strangling the 423 00:20:17,200 --> 00:20:20,600 Speaker 5: education system and we've turned a college education into something 424 00:20:20,840 --> 00:20:24,800 Speaker 5: that you know, most people can't afford, which is such. 425 00:20:24,640 --> 00:20:25,560 Speaker 3: A broken promise. 426 00:20:25,800 --> 00:20:29,520 Speaker 5: When I was growing up, anybody could get a college 427 00:20:29,640 --> 00:20:31,080 Speaker 5: education by working. 428 00:20:30,800 --> 00:20:31,680 Speaker 3: A job at night. 429 00:20:32,800 --> 00:20:36,080 Speaker 5: This is insane what we're doing to ourselves. Health Care. 430 00:20:36,240 --> 00:20:38,600 Speaker 5: We'd have to put health care in place too. And 431 00:20:39,400 --> 00:20:41,760 Speaker 5: you know, my daughter was living in Paris for a 432 00:20:41,800 --> 00:20:44,520 Speaker 5: long time, and she's thirty two years old. She told 433 00:20:44,520 --> 00:20:46,560 Speaker 5: me that all of her friends in the US are 434 00:20:46,560 --> 00:20:49,560 Speaker 5: not having children, but all of her friends in France. 435 00:20:49,480 --> 00:20:50,399 Speaker 4: Are having children. 436 00:20:50,720 --> 00:20:58,440 Speaker 5: And the difference is health care, childcare, job security, housing, security, education. 437 00:20:59,119 --> 00:21:00,680 Speaker 3: Those are the things that. 438 00:21:00,600 --> 00:21:04,040 Speaker 5: Are in place in France that we have taken out 439 00:21:04,040 --> 00:21:06,840 Speaker 5: from under our working people in this country over the 440 00:21:06,920 --> 00:21:08,080 Speaker 5: last fifty years. 441 00:21:08,200 --> 00:21:11,040 Speaker 1: Very interesting, pot And finally, Abigail, I found it very 442 00:21:11,640 --> 00:21:13,600 Speaker 1: I found it actually very powerful. The way you directly 443 00:21:13,600 --> 00:21:16,919 Speaker 1: called out Taylor Swift, who's the top private jet user, 444 00:21:17,640 --> 00:21:20,560 Speaker 1: Leonardo DiCaprio, who was in don't look up, but that 445 00:21:20,600 --> 00:21:23,000 Speaker 1: hasn't stopped him from, you know, flying around on his 446 00:21:23,080 --> 00:21:26,359 Speaker 1: private jet. And listen, I mean, one wealthy person for 447 00:21:26,400 --> 00:21:29,040 Speaker 1: going their private jet travel is not going to save 448 00:21:29,080 --> 00:21:33,560 Speaker 1: the planet. But it is true that the ultra wealthy 449 00:21:34,880 --> 00:21:40,320 Speaker 1: have way more carbon output than your average citizen around 450 00:21:40,320 --> 00:21:42,320 Speaker 1: the world. So what do you think is the role 451 00:21:42,359 --> 00:21:44,760 Speaker 1: of just like publicly shaming some of these people who 452 00:21:44,760 --> 00:21:47,560 Speaker 1: are blatant hypocrites in terms of their stated values in 453 00:21:47,600 --> 00:21:48,440 Speaker 1: the way they actually live. 454 00:21:50,840 --> 00:21:55,040 Speaker 5: Corporations and the government have not hesitated to shame working 455 00:21:55,080 --> 00:21:59,479 Speaker 5: people into recycling and using less plastic and turning their 456 00:21:59,480 --> 00:22:01,200 Speaker 5: thermostat down and all the rest of it. 457 00:22:01,400 --> 00:22:02,120 Speaker 4: And every one of. 458 00:22:02,080 --> 00:22:06,400 Speaker 5: Those decisions is a decision that has a collective consequences. 459 00:22:06,520 --> 00:22:08,879 Speaker 5: Everybody makes it, but really doesn't make a difference if 460 00:22:08,880 --> 00:22:11,960 Speaker 5: it's just you. So those are all the same ways 461 00:22:11,960 --> 00:22:13,640 Speaker 5: in which rich people are going to have to think 462 00:22:13,680 --> 00:22:15,080 Speaker 5: about the way they run their lives. 463 00:22:15,400 --> 00:22:16,000 Speaker 3: It won't make a. 464 00:22:15,960 --> 00:22:18,560 Speaker 5: Difference if I decided to fly my private plane, but 465 00:22:18,600 --> 00:22:21,000 Speaker 5: it's going to make a huge difference if we all stop. 466 00:22:21,520 --> 00:22:24,920 Speaker 5: So they have to acknowledge they're part of the collective, 467 00:22:25,040 --> 00:22:28,240 Speaker 5: that their actions have collective consequences. It's just the same 468 00:22:28,280 --> 00:22:32,520 Speaker 5: as everyone else. It involves that mindset shift among wealthy people, 469 00:22:32,880 --> 00:22:36,040 Speaker 5: which is right at the heart of so much of 470 00:22:36,080 --> 00:22:38,719 Speaker 5: the problem we have. They have to come to an 471 00:22:38,800 --> 00:22:41,560 Speaker 5: understanding that they're no better or more important than anyone 472 00:22:41,600 --> 00:22:42,920 Speaker 5: else just because they. 473 00:22:42,840 --> 00:22:45,080 Speaker 3: Have these resources. And that's going to be a big 474 00:22:45,119 --> 00:22:46,560 Speaker 3: mindset shift for people. 475 00:22:47,119 --> 00:22:47,439 Speaker 4: Yeah. 476 00:22:47,560 --> 00:22:49,679 Speaker 1: I think that's all well said Abiel. Thank you so 477 00:22:49,720 --> 00:22:51,120 Speaker 1: much for your time. It's great to chat with you. 478 00:22:51,119 --> 00:22:53,040 Speaker 3: Thank you, thanks so much. 479 00:22:53,440 --> 00:22:54,080 Speaker 4: It's our pleasure.