WEBVTT - Listen Up, Butt Pirates! 0:00:01.860 --> 0:00:05.729 Broadcasting live from the Abraham Lincoln Radio Studio at the 0:00:05.750 --> 0:00:10.780 George Washington Broadcast Center. Jack Armstrong and Joe Getty. Armstrong 0:00:10.860 --> 0:00:17.240 and Getty. And now, here's Armstrong and Getty. 0:00:23.820 --> 0:00:27.740 He has been effective. He was effective at killing 200 schoolchildren. 0:00:28.340 --> 0:00:32.620 He was effective at bombing fishing boats that may or 0:00:32.659 --> 0:00:35.630 may not have had people who were guilty of smuggling drugs. 0:00:36.070 --> 0:00:42.610 He's been effective at waging an unconstitutional kidnapping in Venezuela. 0:00:43.010 --> 0:00:46.390 The president himself brags that they have captured this oil 0:00:46.650 --> 0:00:49.710 and that our companies, our corporations are getting rich from 0:00:49.750 --> 0:00:53.070 the oil that they've captured, that Pete Hegseth helped to capture. 0:00:53.460 --> 0:00:55.920 I mean, in some aspect, he has been effective, and 0:00:55.940 --> 0:00:59.209 that's what we're impeaching him for, his effectiveness in breaking 0:00:59.230 --> 0:01:00.650 the law and violating the Constitution. 0:01:00.690 --> 0:01:09.759 That's Kentucky Republican Representative Thomas Massey, who is half a kook. 0:01:09.860 --> 0:01:09.980 He. 0:01:10.990 --> 0:01:15.149 I don't see a consistent through line on his attitudes 0:01:15.190 --> 0:01:19.110 about various things. Sometimes I think, wow, you nailed it, Tom. 0:01:20.209 --> 0:01:22.850 Sometimes I think, what are you talking about? And it 0:01:22.910 --> 0:01:24.929 doesn't always all fit together. I think he just hates 0:01:25.300 --> 0:01:29.240 Pete for some reason. Or I don't know what's going 0:01:29.280 --> 0:01:34.420 on there. But anyway, he's introducing articles of impeachment against 0:01:35.140 --> 0:01:38.459 Pete Hegseth, the current Secretary of Defense, calls himself Secretary 0:01:38.480 --> 0:01:38.940 of War. 0:01:39.750 --> 0:01:41.890 Are we going to play the other Massey clip? I 0:01:41.950 --> 0:01:44.190 didn't know. We weren't planning, but we can do. Very 0:01:44.290 --> 0:01:48.310 important to my mind, yes. I didn't know. 0:01:48.330 --> 0:01:51.080 I honestly didn't know you could impeach a Secretary of 0:01:51.120 --> 0:01:56.580 Defense until last week. I'd only heard that word thrown 0:01:56.620 --> 0:01:57.480 around with presidents. 0:01:58.200 --> 0:02:01.910 Yeah, you can impeach anybody. Can you impeach a Supreme 0:02:01.920 --> 0:02:02.490 Court justice? 0:02:04.370 --> 0:02:04.570 Oh, wow. 0:02:04.590 --> 0:02:06.270 I don't think you can, can you? No, you can 0:02:06.310 --> 0:02:09.799 impeach other judges, but I don't think the Supes. I 0:02:09.820 --> 0:02:12.050 don't actually know that. Katie, can you look that up? 0:02:12.310 --> 0:02:15.240 Thank you. Here is the other Thomas Massey then there. 0:02:15.250 --> 0:02:16.179 I think I would know that, huh? 0:02:16.970 --> 0:02:19.830 I hope he addresses the eight articles and doesn't get 0:02:19.930 --> 0:02:23.990 up and misquote the Bible in Quentin Tarantino fashion and 0:02:24.010 --> 0:02:28.709 do some pull-ups and call everybody fat and gay for 0:02:28.810 --> 0:02:30.820 being for this impeachment. 0:02:31.520 --> 0:02:33.060 I may have just given you half his speech. 0:02:33.139 --> 0:02:33.500 I don't know. 0:02:33.540 --> 0:02:35.220 Whoa, whoa, whoa. No, no, no. 0:02:35.500 --> 0:02:38.500 He calls some people fat and others gay. If you're 0:02:38.580 --> 0:02:42.400 fat and gay, he'll call you fat and gay. And 0:02:42.440 --> 0:02:43.970 beardos as well. Yes. 0:02:45.450 --> 0:02:47.690 So you can impeach a Supreme Court justice. Yes, you can. 0:02:47.750 --> 0:02:50.780 So that's the interesting thing about Congress, the the Article 0:02:51.080 --> 0:02:53.440 one constitutional. 0:02:54.060 --> 0:02:54.440 Branch. 0:02:55.030 --> 0:03:02.220 And Nixon got going back during his impeachment. This idea 0:03:02.240 --> 0:03:05.990 of co-equal branches. He got that phrase out there into 0:03:06.030 --> 0:03:08.989 the bloodstream of politics, and people use it all the time, 0:03:09.010 --> 0:03:13.609 but it's not true. They are not co-equal. The Congress 0:03:13.810 --> 0:03:16.510 is more powerful. Congress can do all kinds of crap. 0:03:17.030 --> 0:03:20.190 It's supposed to be more powerful. That the executive branch 0:03:20.270 --> 0:03:21.769 and the judicial branch can't do. 0:03:21.830 --> 0:03:24.130 So as we just learned, they can remove anybody. 0:03:24.530 --> 0:03:27.930 The Supreme Court can't remove a House member, a lowly 0:03:28.050 --> 0:03:31.400 House member. The president of the United States is powerful. 0:03:31.419 --> 0:03:34.400 The president of the United States has basically no power 0:03:34.600 --> 0:03:36.060 over a lowly House member. 0:03:36.920 --> 0:03:39.000 But the House can remove any of those people if 0:03:39.030 --> 0:03:39.710 they decide to. 0:03:40.210 --> 0:03:43.450 And yet, with them being the most powerful branch of government, 0:03:44.310 --> 0:03:48.240 they do nothing in our current iteration of the way 0:03:48.260 --> 0:03:49.119 we run our democracy. 0:03:49.520 --> 0:03:52.660 Well, they buy and sell stocks and employ their relatives. 0:03:52.840 --> 0:03:53.990 And tweet. Be kind. 0:03:54.070 --> 0:03:58.610 They tweet a lot. Oh, how they then gram the gram. Oh, 0:03:58.650 --> 0:04:00.150 that reminds me a little later on. We got to 0:04:00.170 --> 0:04:03.089 get to Pete. But, you know, there are a lot 0:04:03.130 --> 0:04:07.650 of districts around the country where there's like no point 0:04:07.930 --> 0:04:09.060 in running a Democrat. 0:04:10.760 --> 0:04:13.770 Where they just threw a child up or a. 0:04:14.310 --> 0:04:17.010 Felon or whatever some bomb laying in the gutter and 0:04:17.070 --> 0:04:21.729 they won some of those stories uh later on so 0:04:22.130 --> 0:04:24.070 uh that was massey coming out with what an awful 0:04:24.110 --> 0:04:25.850 person pete is and how he needs to be impeached 0:04:25.890 --> 0:04:28.410 and he's introducing articles and where will there be a 0:04:28.490 --> 0:04:30.950 majority of the house because that's all it takes to 0:04:32.230 --> 0:04:35.510 start the actual trial going in the senate yeah all 0:04:35.610 --> 0:04:37.469 i assume all the democrats will be on board the 0:04:37.510 --> 0:04:42.280 republicans only have what a five person advantage So you 0:04:42.320 --> 0:04:44.260 don't have to get a whole bunch of Republicans on board. 0:04:44.320 --> 0:04:46.860 I don't know where they are currently with J.D. Vance, 0:04:46.900 --> 0:04:48.440 the way he turned against the war in Iran and 0:04:48.480 --> 0:04:51.620 everything last week. And a bunch of Republicans aren't even 0:04:51.700 --> 0:04:53.960 showing up to D.C. because they lost the races, so 0:04:54.160 --> 0:04:56.229 they're staying home. So it's the majority of the people 0:04:56.250 --> 0:04:59.830 that are there. It doesn't have to be all 435. 0:04:59.830 --> 0:05:00.330 Correct. 0:05:02.010 --> 0:05:02.330 Wow. 0:05:02.630 --> 0:05:05.570 They could actually get this going then. There's no chance 0:05:05.610 --> 0:05:09.080 you get 67 senators. I don't think there's any chance 0:05:09.240 --> 0:05:13.990 you get 17 Republican senators to go along, or 16 0:05:13.990 --> 0:05:14.950 or however many you need. 0:05:15.450 --> 0:05:18.290 Much like the concept of impeaching a Supreme Court justice, 0:05:18.450 --> 0:05:21.970 I think even the Chuck Schumers of the world would realize, 0:05:22.470 --> 0:05:25.660 if we start this, this is going to be a 0:05:25.710 --> 0:05:29.900 bloodbath for the next 30 years. Impeaching each other's cabinet 0:05:29.940 --> 0:05:31.260 secretaries because we're. 0:05:31.160 --> 0:05:35.969 Mad at the big guys policies Well, we're getting deep 0:05:36.010 --> 0:05:37.870 into the weeds here, but so this topic came up 0:05:38.650 --> 0:05:44.090 over the several shows the impeachment of Donald Trump the 0:05:44.170 --> 0:05:47.849 second time and the political book that was written about 0:05:47.890 --> 0:05:51.650 it a political reporter in a Washington Post reporter Nancy 0:05:51.710 --> 0:05:56.960 Pelosi crafted the article of impeachment the way she did 0:05:57.140 --> 0:06:00.940 because she was worried that the impeachment would turn into 0:06:01.020 --> 0:06:03.140 what you were just talking. It turns into a big 0:06:03.350 --> 0:06:06.870 giant news suck, takes up a lot of time, and 0:06:06.890 --> 0:06:09.870 it would go into Joe Biden's first term and he 0:06:09.890 --> 0:06:11.349 wouldn't be able to get anything done. They wouldn't make 0:06:11.410 --> 0:06:13.890 anything to done. It would be all about impeachment. That's 0:06:14.010 --> 0:06:17.750 what Politico and the Washington Post believe. So you might 0:06:17.790 --> 0:06:20.180 be right that Chuck Schumer would think this about and 0:06:20.210 --> 0:06:22.980 maybe Hakeem Jeffries about this impeachment. Is this what we 0:06:23.000 --> 0:06:28.020 want to be doing? When we swear everybody in, in January, 0:06:28.110 --> 0:06:31.310 if it lasts that long, and it certainly could. So 0:06:31.370 --> 0:06:34.070 Pete got up there and defended himself, and he started 0:06:34.089 --> 0:06:34.390 it here. 0:06:35.029 --> 0:06:35.750 I'll get right to it. 0:06:36.870 --> 0:06:42.060 What one disgruntled and defeated congressman is attempting is not oversight, 0:06:43.000 --> 0:06:44.240 and it's not accountability. 0:06:44.600 --> 0:06:45.640 It's a political spectacle. 0:06:46.700 --> 0:06:51.080 A personal manifesto driven by ego and resentment. Time for 0:06:51.720 --> 0:06:54.190 one man's final days in Congress to try to do 0:06:54.230 --> 0:06:59.650 damage to this president, this country, and most irresponsibly, the 0:06:59.670 --> 0:07:01.229 warriors who defend it. 0:07:02.170 --> 0:07:07.159 It's a farce, and it's a stunt. And everybody knows it. 0:07:07.670 --> 0:07:10.830 It's a funt, for sure. It's a cunning stunt, yes. 0:07:12.410 --> 0:07:13.510 I thought he made a good point here. 0:07:14.660 --> 0:07:19.270 In the 250 years of our American Republic, no Secretary 0:07:19.290 --> 0:07:22.790 of War or Secretary of Defense has ever been impeached 0:07:22.910 --> 0:07:28.910 for carrying out lawful military operations. And in our case, 0:07:29.870 --> 0:07:31.510 successful ones at that. 0:07:32.830 --> 0:07:33.230 Not once. 0:07:33.770 --> 0:07:37.290 War powers resolution or not. Not under Reagan in Lebanon. 0:07:37.770 --> 0:07:41.309 Not under Clinton in Kosovo. Not under Obama in Iraq 0:07:41.370 --> 0:07:46.200 and Syria. Not under Biden in Iraq and Syria. That's 0:07:46.240 --> 0:07:50.160 the standard. The history is clear and it's very straightforward. 0:07:51.060 --> 0:07:56.780 And one disgruntled congressman wants to shred it over policy disagreements. 0:07:57.790 --> 0:07:59.850 I thought that was a really good point. Everything that 0:07:59.890 --> 0:08:03.750 happened in the Vietnam War... over all those years, and 0:08:03.790 --> 0:08:05.530 then all the examples he laid out there. 0:08:05.590 --> 0:08:11.590 The utter dishonesty. Lebanon, Kosovo, the withdrawal from Afghanistan. We've never... Libya. 0:08:12.330 --> 0:08:16.750 And Pete must... I mean, he clearly... This wasn't an accident. 0:08:17.090 --> 0:08:20.630 He's not saying, I did what the president told me 0:08:20.670 --> 0:08:24.240 to do. He's the commander-in-chief. He hasn't said that out 0:08:24.300 --> 0:08:26.360 loud for whatever reason. 0:08:28.160 --> 0:08:28.740 But that's the. 0:08:30.620 --> 0:08:35.020 That's why there haven't been impeachments of sect deaths. One 0:08:35.080 --> 0:08:38.870 hasn't gone rogue yet and attacked, you know, Vietnam or 0:08:39.210 --> 0:08:40.840 Lebanon without the president ordering it. 0:08:42.230 --> 0:08:46.050 Two points. Oh, speaking of Trump, did you have more 0:08:46.090 --> 0:08:49.030 clips you wanted to play? Probably at some point. People 0:08:49.150 --> 0:08:54.140 tune in to hear you opine. Except for clip 57. 0:08:54.140 --> 0:08:55.520 History will judge. 0:08:55.420 --> 0:08:59.120 The Iran war quite differently than conventional wisdom right now. 0:08:59.620 --> 0:09:00.560 We didn't start this war. 0:09:01.340 --> 0:09:04.849 Iran did 47 years ago, but President Trump is willing 0:09:04.890 --> 0:09:08.970 to do what no other president would. He did the 0:09:09.050 --> 0:09:13.710 tough right thing, not for politics, but for the safety 0:09:13.809 --> 0:09:15.770 and the security of the American people. 0:09:16.110 --> 0:09:21.430 That's leadership. He did not kick the can. He kicked 0:09:21.450 --> 0:09:25.429 their teeth in. Man, that brushes up against the... You 0:09:25.470 --> 0:09:28.790 like that? Wait, you gotta take a minute. You gotta 0:09:28.850 --> 0:09:30.210 leave a minute for applause. He didn't kick the can, 0:09:30.240 --> 0:09:31.190 he kicked their teeth in. 0:09:31.200 --> 0:09:31.260 Huh? 0:09:31.770 --> 0:09:34.540 Yeah, that is so Pete. Okay, what were you going 0:09:34.559 --> 0:09:35.459 to say? That is Pete. 0:09:39.750 --> 0:09:42.260 That brushes up against the original sin of this entire war, 0:09:42.300 --> 0:09:45.340 which has been the whole problem. Trump not getting up 0:09:45.420 --> 0:09:49.020 there and laying out in prime time with the flags 0:09:49.080 --> 0:09:54.370 behind him for everybody to see, hey, Iran declared war 0:09:54.570 --> 0:09:57.770 on us 50 years ago. We've been at war with 0:09:57.830 --> 0:10:02.500 this country for 50 years. They've killed more U.S. citizens 0:10:02.679 --> 0:10:06.000 than any other regime in the world. You know, laying 0:10:06.100 --> 0:10:07.080 out that whole thing. 0:10:07.660 --> 0:10:07.819 Right. 0:10:07.860 --> 0:10:08.850 And he never did that. 0:10:10.940 --> 0:10:15.020 With Pete and Marco behind him, you know, powerful message. Sure. 0:10:15.450 --> 0:10:17.250 And to say, I know this is going to be 0:10:17.309 --> 0:10:21.130 politically unpopular. I'm not doing this because this is going 0:10:21.170 --> 0:10:23.589 to be popular. This is going to hurt. I'm going 0:10:23.610 --> 0:10:25.630 to spend a lot of political capital on this. Gas 0:10:25.690 --> 0:10:29.650 prices will probably go up because of this war. I know, 0:10:29.730 --> 0:10:32.449 but I'm willing to take that risk because they can't 0:10:32.470 --> 0:10:33.550 have a nuclear weapon, blah, blah, blah. 0:10:33.770 --> 0:10:35.350 But he never did that. I don't know why he 0:10:35.390 --> 0:10:39.810 didn't do that. It was astounding incompetence. Absolutely. But the 0:10:39.870 --> 0:10:41.550 idea that I can't get the big guy. 0:10:41.570 --> 0:10:45.210 So I'm going to go after Hegseth is just ridiculous 0:10:45.230 --> 0:10:47.609 to me. One more point to make after a word 0:10:47.630 --> 0:10:50.750 from our friends at Omaha Steaks. The perfect gift, and 0:10:50.770 --> 0:10:53.570 whether for yourself or somebody you care about, like my dad. 0:10:53.590 --> 0:10:57.929 I give Omaha Steaks to my dad regularly. every year because, A, 0:10:57.990 --> 0:11:02.890 he loves them. He, unlike Jack, enjoys grilling. He doesn't 0:11:02.929 --> 0:11:05.470 need stuff, and he just loves the Omaha Steaks. 0:11:05.690 --> 0:11:09.700 I do, too. We get a package ourselves. It's so good, too. 0:11:10.000 --> 0:11:12.880 And look, Jack and I are no jokers when it 0:11:12.920 --> 0:11:14.680 comes to steaks. I will not eat a bad steak. 0:11:14.840 --> 0:11:17.020 Why would I? Omaha Steaks, so good. 0:11:17.220 --> 0:11:19.730 Ordered on your terms, delivered straight to your door without 0:11:19.750 --> 0:11:23.050 the grocery run or the meal planning spiral. Dinner is handled, 0:11:23.110 --> 0:11:26.480 no catch. And their ability to ship this meat around 0:11:27.260 --> 0:11:28.980 and the apple tartlets and the potatoes and stuff, but 0:11:29.140 --> 0:11:31.199 to ship this stuff around the country and keep it 0:11:31.280 --> 0:11:33.410 cold and fresh and get to you fast is really, 0:11:33.450 --> 0:11:33.870 really good. 0:11:34.420 --> 0:11:36.980 Oh, yeah, good point. Friends, the side dishes. 0:11:37.179 --> 0:11:39.600 Do not snooze on the side dishes. 0:11:39.800 --> 0:11:40.380 Oh, so good. 0:11:40.820 --> 0:11:42.660 Your next great holiday dinner is just one click away 0:11:42.700 --> 0:11:45.400 with Omaha Steaks. Packages start at just $ 79 right now 0:11:45.440 --> 0:11:49.640 at omahasteaks.com. Use that code Armstrong at checkout. omahasteaks.com. 0:11:49.700 --> 0:11:55.400 Terms apply. See site for details. omahasteaks.com. Use that code Armstrong, please. 0:11:56.140 --> 0:11:58.790 So here's one thing, and I know this is hard 0:11:58.870 --> 0:12:04.880 for people to internalize because we're a superpower. The government, 0:12:04.920 --> 0:12:07.670 the federal government has way too much power. It is 0:12:07.690 --> 0:12:14.330 an enormously powerful entity. It's also ginormous and incomprehensible and 0:12:14.470 --> 0:12:18.490 wasteful and expensive and ugly and stupid, blah, blah, blah, blah, blah. 0:12:20.410 --> 0:12:22.910 Washington, D.C. is a big high school. 0:12:24.030 --> 0:12:28.250 I know my description and that don't fit together, but 0:12:28.429 --> 0:12:33.920 it's true. It's smallish, and the social dynamics are a 0:12:33.960 --> 0:12:39.420 lot like high school. Pete Hegzeth has enormous support among 0:12:39.840 --> 0:12:42.910 the fighting men and women of the United States Armed Forces. 0:12:43.230 --> 0:12:47.770 He's done some fabulous stuff about making the procurement process 0:12:47.790 --> 0:12:53.179 more efficient. about changing technologies, about embracing the rapid dronification 0:12:53.200 --> 0:12:55.940 of warfare, studying what Ukraine is doing. I think he's 0:12:56.000 --> 0:12:58.640 got an A + + in a lot of those topics. 0:12:59.220 --> 0:13:04.420 But the dude is grating as hell. He just is, 0:13:04.960 --> 0:13:06.839 for I don't need to tell you why. He just 0:13:06.920 --> 0:13:09.480 comes off as, oh, my God, I like to joke 0:13:09.500 --> 0:13:12.740 that when he's ordering a couple of eggs and bacon, 0:13:13.080 --> 0:13:16.720 he barks orders and is brusque and dismissive and manly 0:13:16.780 --> 0:13:19.830 and mixing a couple of pull-ups and the rest of it. 0:13:19.880 --> 0:13:23.890 Listen up, butt pirates. Right, exactly. Beardos, weirdos. 0:13:25.510 --> 0:13:30.650 He's grating as hell. He is that great student in 0:13:30.690 --> 0:13:33.140 high school. He's a good athlete, too. 0:13:33.940 --> 0:13:37.110 But he just is so off-putting. He annoys everybody. 0:13:37.750 --> 0:13:42.670 That is, and again, this seems insane. He's the Secretary 0:13:42.690 --> 0:13:43.830 of Defense slash war. 0:13:44.550 --> 0:13:48.069 He just pisses people off. That's part of the reason 0:13:48.110 --> 0:13:52.000 this is happening. He did not kick the canth. He 0:13:52.020 --> 0:13:55.340 kicked their teeth in. All right. You don't have to 0:13:55.400 --> 0:13:58.240 throw that sort of thing in, people are thinking. But 0:13:58.280 --> 0:13:58.790 he loves it. 0:13:58.860 --> 0:14:02.260 The question is, are the leaders in the Democratic Party 0:14:02.280 --> 0:14:04.390 going to decide this does us more harm than good? 0:14:04.470 --> 0:14:07.930 So don't. Because if they don't weigh in on that, 0:14:08.250 --> 0:14:09.670 it's going to get the. 0:14:09.610 --> 0:14:12.640 Majority of the House and move to the next level 0:14:12.679 --> 0:14:14.740 and just eat up a lot of energy and time 0:14:14.780 --> 0:14:16.640 and political capital and all that sort of stuff. 0:14:16.900 --> 0:14:17.610 I hope they do it. 0:14:18.400 --> 0:14:21.330 Our honeypot's coming for the corporate world. Apparently they are, 0:14:21.390 --> 0:14:22.470 among other things, on the way. 0:14:22.490 --> 0:14:25.530 Stay tuned. Armstrong and Getty. 0:14:28.860 --> 0:14:32.800 Pretty interesting, this idea of now, instead of people that 0:14:32.840 --> 0:14:37.380 have had security clearances and have powerful secrets with governments and, 0:14:38.480 --> 0:14:41.480 you know, chosen carefully to be in positions of such power, 0:14:41.500 --> 0:14:44.700 the most powerful people in the world may be the 0:14:44.740 --> 0:14:47.479 people that run these big tech companies. And you can 0:14:47.500 --> 0:14:51.140 send spies at them or hot chicks or whatever. They 0:14:51.160 --> 0:14:54.120 don't have security clearances. They weren't carefully selected to be 0:14:54.140 --> 0:14:57.380 the powerful masters of the universe, but they are. 0:14:58.280 --> 0:15:00.620 All right, and who are they accountable to exactly? Yeah, 0:15:00.660 --> 0:15:01.320 really interesting. 0:15:01.360 --> 0:15:04.200 Plus a congresswoman with a story about being targeted by 0:15:04.260 --> 0:15:07.230 Chinese spies. All of that coming up. First, we've mentioned 0:15:07.250 --> 0:15:09.330 a couple of times that beef prices are high. I'm 0:15:09.370 --> 0:15:12.070 sure you've noticed it and likely to remain high. 0:15:12.090 --> 0:15:14.630 I remember when I was in the 70s, when I 0:15:14.650 --> 0:15:17.030 was a kid, the idea of steaks. Steaks were expensive. 0:15:17.070 --> 0:15:19.100 That was a special treat to have steaks and that 0:15:19.120 --> 0:15:22.240 sort of stuff. Then I got beef got cheap enough. 0:15:22.280 --> 0:15:23.300 I didn't really think of it that way. 0:15:23.320 --> 0:15:26.940 But now, whoo-wee. Yeah, yeah. 0:15:27.360 --> 0:15:30.390 In fact, to get a really nice steak at a 0:15:30.450 --> 0:15:32.670 decent butcher, you will pay what you used to pay 0:15:32.750 --> 0:15:35.050 for a white tablecloth and a guy in a tuxedo 0:15:35.130 --> 0:15:35.610 serving you. 0:15:35.650 --> 0:15:36.610 I mean, it's crazy. 0:15:37.010 --> 0:15:41.860 And it's not likely to go down anytime soon. And, heck, 0:15:41.880 --> 0:15:43.900 we ought to get your dad online about this. Jack's 0:15:43.920 --> 0:15:45.820 dad was in the cattle business for a long time. 0:15:46.220 --> 0:15:48.280 But Wall Street Journal is reporting on a bunch of 0:15:49.050 --> 0:15:53.630 processing plants, packing plants, closing down Tyson, Cargill, and others, 0:15:53.690 --> 0:15:56.750 including this one Utah plant that was only five years 0:15:56.830 --> 0:16:01.100 old and cost $ 300 million. But they're shutting it down. 0:16:02.180 --> 0:16:05.290 Long and short, after years of economic turmoil. 0:16:05.020 --> 0:16:07.090 And droughts, the U.S. 0:16:07.170 --> 0:16:11.330 Cattle herd has shrunk to its smallest level in 75 years. 0:16:11.550 --> 0:16:11.830 Wow. 0:16:12.810 --> 0:16:16.050 And they point out that it could last well into 0:16:16.070 --> 0:16:18.690 the next decade, given how long it takes to replenish 0:16:18.830 --> 0:16:21.350 a herd. And I've got to admit, I thought it 0:16:21.370 --> 0:16:23.690 would be loyal to just ramp up production of calves. 0:16:23.810 --> 0:16:25.850 I mean, but I don't know if you know how 0:16:25.910 --> 0:16:26.690 calves are made. 0:16:26.730 --> 0:16:30.800 Put on some sexy music. Put a bull in the 0:16:30.820 --> 0:16:32.050 pen and let him get after it. 0:16:32.520 --> 0:16:34.570 It takes a minute. Yeah, yeah. 0:16:34.970 --> 0:16:38.110 Said Brad Peek, whose family's run one of the largest 0:16:38.170 --> 0:16:41.330 livestock auctions west of the Rockies for decades, quote, the 0:16:41.370 --> 0:16:43.850 common public probably thinks you can turn around in four months. 0:16:43.890 --> 0:16:46.610 We'll be lucky to start gaining cattle in four years. 0:16:47.410 --> 0:16:53.290 And here's the problem. The shortage is costing meat packers, 0:16:53.350 --> 0:16:56.170 the processors, billions of dollars in losses because the packers 0:16:56.250 --> 0:16:59.240 can't fully pass on their higher costs to to supermarkets 0:16:59.280 --> 0:17:03.520 and restaurants, people would just not buy beef. So that 0:17:03.580 --> 0:17:08.639 means they're closing all these plants. Well, the plants bid 0:17:08.820 --> 0:17:12.590 for the beef from the producers. And if you have 0:17:12.680 --> 0:17:17.290 fewer people bidding and more concentration, you get lower prices 0:17:17.390 --> 0:17:20.690 paid to the cattlemen, the actual farmers, the cattle farmers. 0:17:21.050 --> 0:17:24.530 And they're saying, dudes, I'm not going to raise cattle. 0:17:24.570 --> 0:17:25.870 It's a risky business. 0:17:26.250 --> 0:17:28.310 I'm not going to bother for the prices y'all are 0:17:28.330 --> 0:17:31.169 paying me now that there's so little competition between the 0:17:31.210 --> 0:17:32.610 different packers and processors. 0:17:33.950 --> 0:17:35.970 So, where do we go from here? 0:17:35.990 --> 0:17:38.620 I wonder if those giant feedlots I used to work 0:17:38.660 --> 0:17:42.240 in in high school in western Kansas have much, much 0:17:42.280 --> 0:17:44.220 fewer cattle. If I get a chance to drive by 0:17:44.400 --> 0:17:46.719 one over Thanksgiving break, I'll check it out. 0:17:47.359 --> 0:17:47.919 Quick summary. 0:17:48.000 --> 0:17:51.820 Interviews with ranchers, meatpackers, and policymakers reveals a fractured supply 0:17:51.840 --> 0:17:56.150 chain with few good answers. Ranchers, once the big winners, 0:17:56.190 --> 0:17:58.930 now fear cheap imported beef will undercut their product. Fewer 0:17:58.990 --> 0:18:02.210 processing plants will reduce competition or the value of their cattle. 0:18:02.530 --> 0:18:05.109 The uncertainty is preventing them from rebuilding their herds. 0:18:05.170 --> 0:18:07.630 Come on, bulls, get to it. Now's your time. 0:18:07.650 --> 0:18:07.720 Huh? 0:18:09.020 --> 0:18:15.520 Uh, honeypots for corporations. Stay tuned. Armstrong and Getty. 0:18:15.540 --> 0:18:20.460 The woman in question, Alice Wong, an executive at a 0:18:20.500 --> 0:18:22.840 Singaporean data center company called Megaspeed. 0:18:23.210 --> 0:18:25.609 A major NVIDIA customer in Southeast Asia. 0:18:26.050 --> 0:18:29.080 Questions swirling as to what, if any, Intel Alice Wong 0:18:29.130 --> 0:18:32.920 fed back to Beijing. Alice Wong's company, Megaspeed, had already 0:18:32.940 --> 0:18:36.899 been suspected of smuggling advanced NVIDIA chips into China, something 0:18:37.000 --> 0:18:41.000 it and NVIDIA have previously denied. NVIDIA's board now launching 0:18:41.040 --> 0:18:44.200 an investigation, but say Jensen Wong will continue to lead 0:18:44.240 --> 0:18:44.760 the company. 0:18:45.080 --> 0:18:46.570 Jensen totally denies that. 0:18:46.590 --> 0:18:49.189 I asked him today, because I did speak to him today, 0:18:49.230 --> 0:18:51.210 just to see if he's feeling all right, how you're doing. 0:18:51.830 --> 0:18:55.330 And I asked him about And he said he had 0:18:55.590 --> 0:18:59.879 absolutely no idea That the person in question was a spy. 0:19:00.760 --> 0:19:02.520 I asked him that question. Did you have any idea 0:19:02.560 --> 0:19:04.480 that she was a spy? He said, I had no 0:19:04.570 --> 0:19:05.639 idea that she was a spy. 0:19:05.920 --> 0:19:08.070 And I really believe him. That's such classic Trump. I 0:19:08.090 --> 0:19:11.710 kind of thought she was, yeah. That's such classic Trump. Like, 0:19:11.750 --> 0:19:14.510 that puts the whole question to bed. He says he 0:19:14.550 --> 0:19:15.750 had no idea, and I believe him. 0:19:16.210 --> 0:19:18.750 Well, yeah, that's the whole spy game. 0:19:19.250 --> 0:19:21.050 If he answered, oh, I knew she was a spy 0:19:21.090 --> 0:19:22.810 the whole time, that'd be kind of weird. Yeah, but 0:19:22.830 --> 0:19:24.950 she's so hot, man. She's a real goer. You know, Donnie? 0:19:25.170 --> 0:19:25.330 Yeah. 0:19:25.730 --> 0:19:25.950 Wow. 0:19:26.810 --> 0:19:31.609 I would make him a spy. There's a lot around this. 0:19:31.630 --> 0:19:36.459 Ian Bremmer has been writing, tweeting, talking a lot for 0:19:36.480 --> 0:19:39.879 years about how we now have people in charge of 0:19:39.920 --> 0:19:43.379 corporations that are every bit as powerful as heads of 0:19:43.460 --> 0:19:45.570 state for the first time in world history. 0:19:46.550 --> 0:19:49.369 And in all kinds of ways, it's interesting, like... um 0:19:49.390 --> 0:19:50.949 i was reading the other day about. 0:19:51.490 --> 0:19:56.040 Elon's incredible security apparatus that he has to have now 0:19:56.119 --> 0:20:00.520 for himself and all of his kids oh boy uh 0:20:01.820 --> 0:20:03.800 like he like you know like he's the president of 0:20:03.840 --> 0:20:06.220 the united states level security for him and his entire 0:20:06.260 --> 0:20:08.440 family because you know he did the unpardonable thing of 0:20:09.619 --> 0:20:11.899 being on the side of the republicans and wanting to 0:20:11.940 --> 0:20:16.140 cut the size of government but um the power. 0:20:15.800 --> 0:20:17.609 All these guys have you know the story with. 0:20:17.550 --> 0:20:20.469 Elon and uh and uh the starlink and all that 0:20:20.510 --> 0:20:22.149 sort of stuff and did he shut it down and 0:20:22.810 --> 0:20:25.390 if elon doesn't like your policies and war he can 0:20:25.410 --> 0:20:28.969 have an effect on a war and um i was 0:20:29.010 --> 0:20:31.369 reading in the free press about jensen wong in the 0:20:31.390 --> 0:20:35.110 video which at the time that this honey pot thing 0:20:35.150 --> 0:20:37.050 was going on was the most valuable company in the 0:20:37.090 --> 0:20:40.170 world it's now slipped to second apple is once again 0:20:40.760 --> 0:20:45.540 the most valuable company in the world but um these 0:20:45.900 --> 0:20:51.119 these companies have the the the power and the wealth 0:20:51.359 --> 0:20:54.979 of states now in the way that like generally the 0:20:55.060 --> 0:20:56.879 old saying like when i was a kid was uh 0:20:57.000 --> 0:20:59.550 as goes general motors as goes the u.s economy it 0:20:59.570 --> 0:21:02.149 was such a big deal but the leader of general 0:21:02.190 --> 0:21:06.129 motors wasn't like powerful like a head of state in 0:21:06.210 --> 0:21:07.930 terms of influencing the world. 0:21:09.150 --> 0:21:11.780 There are a whole different set of checks and balances, too. 0:21:11.970 --> 0:21:14.340 One of the more interesting things about NVIDIA is that 0:21:14.700 --> 0:21:18.280 their board has no president, and Huang and his kids 0:21:18.359 --> 0:21:20.820 more or less run the place, and he's not super 0:21:20.859 --> 0:21:26.280 accountable to anybody. And it's an enormously powerful company, which 0:21:26.340 --> 0:21:30.830