1 00:00:00,080 --> 00:00:01,599 Speaker 1: Hey guys, Saga and Crystal here. 2 00:00:01,680 --> 00:00:05,240 Speaker 2: Independent media just played a truly massive role in this election, 3 00:00:05,360 --> 00:00:07,840 Speaker 2: and we are so excited about what that means for 4 00:00:07,880 --> 00:00:08,720 Speaker 2: the future of the show. 5 00:00:08,880 --> 00:00:10,760 Speaker 1: This is the only place where you can find honest 6 00:00:10,760 --> 00:00:13,280 Speaker 1: perspectives from the left and the right that simply does 7 00:00:13,320 --> 00:00:14,680 Speaker 1: not exist anywhere else. 8 00:00:14,720 --> 00:00:17,080 Speaker 2: So if that is something that's important to you, please 9 00:00:17,120 --> 00:00:19,599 Speaker 2: go to Breakingpoints dot com. Become a member today and 10 00:00:19,640 --> 00:00:22,800 Speaker 2: you'll get access to our full shows, unedited, ad free, 11 00:00:22,800 --> 00:00:25,600 Speaker 2: and all put together for you every morning in your inbox. 12 00:00:25,680 --> 00:00:27,560 Speaker 1: We need your help to build the future of independent 13 00:00:27,560 --> 00:00:29,920 Speaker 1: news media and we hope to see you at Breakingpoints 14 00:00:29,960 --> 00:00:33,400 Speaker 1: dot com. 15 00:00:33,800 --> 00:00:36,880 Speaker 2: Good morning, everybody, Happy Monday. Welcome to Breaking Points. 16 00:00:36,880 --> 00:00:37,800 Speaker 3: Emily. Great to see you. 17 00:00:37,840 --> 00:00:40,199 Speaker 4: It's great to be here. Happy Monday, everyone. We have 18 00:00:40,240 --> 00:00:43,040 Speaker 4: a big show. The New York City mayoral election is 19 00:00:43,120 --> 00:00:46,040 Speaker 4: coming up, and we have some pictures video from a 20 00:00:46,280 --> 00:00:48,919 Speaker 4: giant rally that happened last night, actually on the year 21 00:00:48,960 --> 00:00:51,440 Speaker 4: anniversary of Trump's Madison Square Garden rally. 22 00:00:51,520 --> 00:00:52,080 Speaker 3: I didn't know that. 23 00:00:52,120 --> 00:00:54,080 Speaker 4: I think today is the anniversary of the Madison Square 24 00:00:54,080 --> 00:00:54,840 Speaker 4: Garden rally. 25 00:00:54,600 --> 00:00:56,080 Speaker 3: And have to think about what that means. 26 00:00:56,120 --> 00:00:58,480 Speaker 2: I think Zoranda that I'm purpose with the astrology of 27 00:00:58,520 --> 00:01:01,000 Speaker 2: that means, Yeah, a bunch of news in the show. 28 00:01:01,040 --> 00:01:03,800 Speaker 3: So we've got potential trade deal with China we're going 29 00:01:03,840 --> 00:01:04,200 Speaker 3: to get to. 30 00:01:04,319 --> 00:01:08,000 Speaker 2: We've got trade tensions with Canada over some Ronald Reagan 31 00:01:08,120 --> 00:01:09,920 Speaker 2: at I have a lot of thoughts about that one. 32 00:01:10,319 --> 00:01:12,600 Speaker 2: We're tracking the government shutdown troops on the verge of 33 00:01:12,680 --> 00:01:15,320 Speaker 2: not getting paid. A weird anonymous donor who we just 34 00:01:15,360 --> 00:01:17,240 Speaker 2: learned who they are, came in to pay like a 35 00:01:17,240 --> 00:01:20,280 Speaker 2: small portion. Anyway, weird stuff going on there. Candas Zones 36 00:01:20,319 --> 00:01:22,880 Speaker 2: apparently thanks Peter Chiel is not human and Elon Musk 37 00:01:22,920 --> 00:01:25,280 Speaker 2: and Sam Oltman I think we're the three that she 38 00:01:25,360 --> 00:01:26,679 Speaker 2: named checked in particular, So. 39 00:01:27,400 --> 00:01:30,160 Speaker 4: That may weigh on your mind as you determined whether 40 00:01:30,200 --> 00:01:34,920 Speaker 4: Brigitte Macron is or is not a woman because Candace Batting, 41 00:01:35,240 --> 00:01:37,880 Speaker 4: I don't know, maybe five hundred on some of these 42 00:01:38,640 --> 00:01:39,920 Speaker 4: some of these diagnoses. 43 00:01:40,680 --> 00:01:43,600 Speaker 2: Yeah, I guess I'm becoming more persuaded of Candace fun 44 00:01:43,720 --> 00:01:46,520 Speaker 2: a variety of things with this new tape. So anyway, 45 00:01:46,720 --> 00:01:49,800 Speaker 2: a lot that's going on there. Binance CEO pardoned in 46 00:01:49,880 --> 00:01:53,640 Speaker 2: a corrupt deal, the aforementioned zoron rally plus and being 47 00:01:53,920 --> 00:01:58,040 Speaker 2: attacked aggressively by any number of corners from Democrats and 48 00:01:58,120 --> 00:02:02,240 Speaker 2: Republicans for his musliming and cream. Jean Pierre is out 49 00:02:02,320 --> 00:02:04,760 Speaker 2: with a new book and it is really something, and 50 00:02:04,840 --> 00:02:08,240 Speaker 2: the wash Int Post review of it gathing, did you 51 00:02:08,280 --> 00:02:10,079 Speaker 2: read this whole thing? Oh my gosh, I sort of 52 00:02:10,120 --> 00:02:11,760 Speaker 2: want to read all it's a little too long to 53 00:02:11,840 --> 00:02:14,280 Speaker 2: just read the whole thing out. But whoever wrote this 54 00:02:14,400 --> 00:02:16,080 Speaker 2: is not a person I was like really familiar with. 55 00:02:16,280 --> 00:02:19,680 Speaker 2: She had took a phenomenal job just taking apart not 56 00:02:19,760 --> 00:02:23,400 Speaker 2: just creing John Pierre, but this particular style of like 57 00:02:24,000 --> 00:02:27,519 Speaker 2: self congratulatory, decorum liberalism. 58 00:02:27,600 --> 00:02:30,399 Speaker 4: Yeah, the review is about so much more than KJP. 59 00:02:30,680 --> 00:02:33,600 Speaker 4: It's about this era in our politics. And reading the 60 00:02:33,639 --> 00:02:35,799 Speaker 4: review and we'll get into this, of course, it's sort 61 00:02:35,800 --> 00:02:38,240 Speaker 4: of like a window into the last decade, and you 62 00:02:38,280 --> 00:02:39,880 Speaker 4: can kind of feel like this is an era that 63 00:02:40,000 --> 00:02:42,560 Speaker 4: is over, like a chapter that's over. So it's actually 64 00:02:42,600 --> 00:02:44,400 Speaker 4: a good block to do after the Zorn block. 65 00:02:44,440 --> 00:02:46,880 Speaker 2: Maybe yeah, oh yeah, that's a good point. Good point 66 00:02:46,960 --> 00:02:49,040 Speaker 2: that works well. So we've got a lot in the show. 67 00:02:49,160 --> 00:02:50,480 Speaker 2: We're going to try to get to all of it, 68 00:02:50,919 --> 00:02:52,679 Speaker 2: especially because I only really wants to talk about the 69 00:02:52,720 --> 00:02:55,160 Speaker 2: kjppiece that we're going to try to keep these blocks 70 00:02:55,480 --> 00:02:58,440 Speaker 2: from meandering too long, you know, as the ladies like. 71 00:02:58,360 --> 00:03:02,080 Speaker 4: To just ladyship are low, and then we'll have only 72 00:03:02,080 --> 00:03:02,959 Speaker 4: our selves to blame. 73 00:03:03,320 --> 00:03:06,000 Speaker 2: Yes, indeed, all right, so let's go ahead and get 74 00:03:06,040 --> 00:03:10,280 Speaker 2: to this potential Chinese trade deal. Our negotiators have been 75 00:03:10,280 --> 00:03:12,720 Speaker 2: talking to their negotiators. Scott Bessen is saying that it's 76 00:03:12,720 --> 00:03:15,040 Speaker 2: looking good. Trump is supposed to meet with she later 77 00:03:15,080 --> 00:03:17,160 Speaker 2: this week, and so he was making the rounds of 78 00:03:17,200 --> 00:03:17,840 Speaker 2: the Sunday shows. 79 00:03:17,840 --> 00:03:19,800 Speaker 3: He got asked specifically. 80 00:03:19,639 --> 00:03:25,920 Speaker 2: About soybeans because this has been a huge sore, sore spot, 81 00:03:26,040 --> 00:03:28,600 Speaker 2: that's the words. I'm looking for, a sore spot for 82 00:03:29,120 --> 00:03:32,680 Speaker 2: American farmers, you know, major problem. The Argentina thing ties 83 00:03:32,720 --> 00:03:34,760 Speaker 2: into that as well. And so in any case, he 84 00:03:34,800 --> 00:03:36,720 Speaker 2: gets asked about this and reveals something I was not 85 00:03:36,800 --> 00:03:39,440 Speaker 2: aware of, which is he too, is actually a soybean farmer. 86 00:03:39,520 --> 00:03:40,280 Speaker 3: Let's take a listen. 87 00:03:40,640 --> 00:03:44,880 Speaker 4: China has been boycotting American soybeans, and American farmers have 88 00:03:45,080 --> 00:03:46,040 Speaker 4: really suffered. 89 00:03:46,400 --> 00:03:47,480 Speaker 5: Do you see a. 90 00:03:47,400 --> 00:03:48,960 Speaker 6: Real light at the end of the tunnel there that 91 00:03:49,280 --> 00:03:51,440 Speaker 6: may allow soybeans again? 92 00:03:54,480 --> 00:03:57,040 Speaker 7: Well, Martha, in case you don't know what. I'm actually 93 00:03:57,160 --> 00:04:01,320 Speaker 7: a soybean farmer, so I have felt this pain too. 94 00:04:01,720 --> 00:04:03,960 Speaker 7: And there are a couple of things happening here. One, 95 00:04:04,320 --> 00:04:08,200 Speaker 7: the Chinese have substantially dropped their purchases to almost zero, 96 00:04:08,480 --> 00:04:13,320 Speaker 7: so they unfortunately have been using American farmers, who are 97 00:04:13,520 --> 00:04:16,560 Speaker 7: amongst President Trump's biggest supporters. I think he had more 98 00:04:16,600 --> 00:04:19,840 Speaker 7: than ninety percent support, and then this was one of 99 00:04:19,880 --> 00:04:22,560 Speaker 7: the biggest crops in twenty or thirty years, so it 100 00:04:22,680 --> 00:04:25,960 Speaker 7: was a perfect storm. But I think we have addressed 101 00:04:25,960 --> 00:04:28,800 Speaker 7: the farmer's concerns. And I'm not going to get ahead 102 00:04:28,800 --> 00:04:33,520 Speaker 7: of the president, but I believe when the announcement of 103 00:04:33,640 --> 00:04:38,760 Speaker 7: the deal with China is made public that our soybean 104 00:04:38,839 --> 00:04:43,680 Speaker 7: farmers will feel very good about what's going on. 105 00:04:44,360 --> 00:04:48,800 Speaker 2: So never fear American farmers. Treasury Secretary billionaire Scott Besant 106 00:04:49,279 --> 00:04:51,640 Speaker 2: is a bit of a soybean farmer himself and is 107 00:04:51,680 --> 00:04:52,719 Speaker 2: feeling the pain here too. 108 00:04:53,000 --> 00:04:55,120 Speaker 5: Is he worth a billionaires? Who liked five hundred million? 109 00:04:56,360 --> 00:04:58,400 Speaker 3: He is thought he was a billionaire, but maybe I'll 110 00:04:58,400 --> 00:04:58,880 Speaker 3: double check. 111 00:04:58,920 --> 00:05:01,040 Speaker 5: Exorbitantly wealthy, You're. 112 00:05:01,400 --> 00:05:04,160 Speaker 3: A multi hundred millionaire potentially, right. 113 00:05:04,000 --> 00:05:06,159 Speaker 4: And so actually, what's kind of interesting about that clipp 114 00:05:06,240 --> 00:05:09,560 Speaker 4: is first of all, this is why people should divest 115 00:05:10,320 --> 00:05:14,160 Speaker 4: their financial interests so that you are quote feeling the pain, 116 00:05:15,360 --> 00:05:19,920 Speaker 4: because that obviously creates different interests that could be influencing 117 00:05:19,960 --> 00:05:21,680 Speaker 4: the way you do policy. I'm actually not saying that's 118 00:05:21,720 --> 00:05:26,400 Speaker 4: the case in Scott Vessens position here, although the Argentinian 119 00:05:26,520 --> 00:05:29,479 Speaker 4: beef saga, which we're going to get into, seems like 120 00:05:30,200 --> 00:05:33,160 Speaker 4: the Argentinian soybean situation had a little bit to do 121 00:05:33,240 --> 00:05:35,680 Speaker 4: with maybe Scott Besson's interest is Ryan and I covered 122 00:05:35,680 --> 00:05:37,960 Speaker 4: and we interviewed in Argentinian. 123 00:05:37,600 --> 00:05:38,520 Speaker 5: Journalists about all of that. 124 00:05:38,600 --> 00:05:41,120 Speaker 4: But the other thing is a lot of these like 125 00:05:41,200 --> 00:05:45,599 Speaker 4: quote soybean farmers are just exorbitantly also exorbitantly wealthy, big 126 00:05:45,640 --> 00:05:48,719 Speaker 4: agg people, and so that's another important part of this, 127 00:05:48,800 --> 00:05:50,640 Speaker 4: and I suspect we'll get to it with our guests 128 00:05:50,640 --> 00:05:50,960 Speaker 4: as well. 129 00:05:51,120 --> 00:05:53,320 Speaker 2: Yeah, that's a great point. Let's go and put a 130 00:05:53,400 --> 00:05:55,479 Speaker 2: two up on the screen. Just we don't know a 131 00:05:55,520 --> 00:05:57,840 Speaker 2: lot about this potential deal. I mean, it's not even 132 00:05:57,880 --> 00:06:02,040 Speaker 2: been inked yet, but they're describing this as a positive 133 00:06:02,080 --> 00:06:05,480 Speaker 2: framework which has been agreed to prior to this Trump 134 00:06:05,640 --> 00:06:08,600 Speaker 2: g summit. Some of the pieces obviously that are being 135 00:06:08,680 --> 00:06:13,000 Speaker 2: watched with close interest are the soybean piece, some sort 136 00:06:13,080 --> 00:06:17,440 Speaker 2: of agreement with regard to Sentinel and the Sentinel precursors 137 00:06:18,040 --> 00:06:18,920 Speaker 2: that come from China. 138 00:06:19,040 --> 00:06:21,479 Speaker 3: And then in addition, the. 139 00:06:21,120 --> 00:06:25,520 Speaker 2: Rare earth export controls which China had been you know, threatening, 140 00:06:25,520 --> 00:06:28,719 Speaker 2: which could just like completely tank or entire economy which 141 00:06:28,760 --> 00:06:31,440 Speaker 2: is just one giant bet on Ai. So the rare 142 00:06:31,480 --> 00:06:35,200 Speaker 2: earth mineral situation very critical. I think, you know, some 143 00:06:35,240 --> 00:06:37,080 Speaker 2: of the leverage that was applied there from China is 144 00:06:37,120 --> 00:06:39,600 Speaker 2: probably part of what is helping to potentially bring this 145 00:06:39,640 --> 00:06:40,719 Speaker 2: deal together at this point. 146 00:06:41,320 --> 00:06:44,640 Speaker 4: Yeah, and I mean, the importance of China to the 147 00:06:44,680 --> 00:06:49,480 Speaker 4: soybean market can't possibly understate it. It's so crucial and significant. 148 00:06:49,560 --> 00:06:52,640 Speaker 4: And so Trump is also in Japan today. He just 149 00:06:52,720 --> 00:06:55,279 Speaker 4: he already touched on in Japan, and he'll be going 150 00:06:55,279 --> 00:06:57,840 Speaker 4: to South Korea. He's already trying to meet with Kim 151 00:06:57,920 --> 00:07:00,960 Speaker 4: Jong un, which has nothing to do with soybeans, of course, 152 00:07:01,000 --> 00:07:03,800 Speaker 4: But this entire swing is to shore up deals that 153 00:07:03,960 --> 00:07:07,279 Speaker 4: since Liberation Day on that was a April second, April first, 154 00:07:07,320 --> 00:07:07,760 Speaker 4: April second. 155 00:07:07,800 --> 00:07:09,279 Speaker 5: They didn't want to do it in April Fool's Day. 156 00:07:10,400 --> 00:07:15,200 Speaker 5: This is how many months? Six months? And here's the tour. 157 00:07:15,360 --> 00:07:16,840 Speaker 5: I try to shore up some. 158 00:07:16,760 --> 00:07:18,840 Speaker 4: Of these deals and get specifics down and make it 159 00:07:18,880 --> 00:07:20,520 Speaker 4: work for Americans. 160 00:07:20,800 --> 00:07:23,440 Speaker 2: Yeah, indeed, And at the same time there's a new 161 00:07:23,640 --> 00:07:26,120 Speaker 2: blow up with regard to Canada. I mean, this is 162 00:07:26,200 --> 00:07:30,120 Speaker 2: just like typical trumpy and the dumbest thing possible. 163 00:07:29,680 --> 00:07:32,920 Speaker 3: The whole thing is extremely annoying to me. 164 00:07:33,360 --> 00:07:38,240 Speaker 2: So Ontario launched this ad buy that featured snippets from 165 00:07:38,240 --> 00:07:42,160 Speaker 2: a Ronald Reagan's speech where he's talking about how tariffs 166 00:07:42,200 --> 00:07:42,520 Speaker 2: are bad. 167 00:07:42,800 --> 00:07:44,280 Speaker 3: Right, Reagan being you. 168 00:07:44,240 --> 00:07:48,520 Speaker 2: Know, the like neoliberal, you know, the trickle down economics 169 00:07:48,560 --> 00:07:51,680 Speaker 2: guy whatever, not my economic cup of tea. And part 170 00:07:51,720 --> 00:07:54,960 Speaker 2: of why me and Sager and I think you and 171 00:07:55,000 --> 00:07:58,040 Speaker 2: Brian have been pissed off at the incredibly stupid way 172 00:07:58,400 --> 00:08:01,120 Speaker 2: that Trump has gone about doing terror US because it 173 00:08:01,160 --> 00:08:04,200 Speaker 2: has created this reaction of just like, oh, the tariffs 174 00:08:04,200 --> 00:08:06,160 Speaker 2: in general must be bad, and it's like, well, no, 175 00:08:06,280 --> 00:08:08,880 Speaker 2: they're a tool that can be used with industrial policy, 176 00:08:08,880 --> 00:08:11,920 Speaker 2: that can be effective. But anyway you get from Canada 177 00:08:12,080 --> 00:08:16,240 Speaker 2: this Ronald Reagan speech ad where he's talking about tariffs, 178 00:08:16,560 --> 00:08:20,240 Speaker 2: and this apparently deeply upset President Trump. 179 00:08:20,280 --> 00:08:21,920 Speaker 3: So let's take a listen first to the ad. 180 00:08:22,720 --> 00:08:26,560 Speaker 8: When someone says let's impose tariffs on foreign imports. It 181 00:08:26,560 --> 00:08:30,000 Speaker 8: looks like they're doing the patriotic thing by protecting American 182 00:08:30,040 --> 00:08:35,480 Speaker 8: products and jobs. And sometimes for a short while it works, 183 00:08:36,000 --> 00:08:37,360 Speaker 8: but only for a short time. 184 00:08:38,240 --> 00:08:39,200 Speaker 9: But over the long. 185 00:08:39,120 --> 00:08:43,760 Speaker 8: Run, such trade barriers hurt every American worker and consumer. 186 00:08:45,559 --> 00:08:49,800 Speaker 8: High tariffs inevitably lead the retaliation by foreign countries and 187 00:08:49,840 --> 00:08:53,720 Speaker 8: the triggering of fierce trade wards. Then the worst happens. 188 00:08:54,840 --> 00:08:59,160 Speaker 8: Marcus shrink can collapse, businesses and industry shutdown, and millions 189 00:08:59,200 --> 00:09:03,600 Speaker 8: of people lose their jobs. Throughout the world, there's a 190 00:09:03,640 --> 00:09:07,480 Speaker 8: growing realization that the weight of prosperity for oral nations 191 00:09:08,080 --> 00:09:12,559 Speaker 8: is rejecting protectionist legislation and promoting fair and free competition. 192 00:09:13,559 --> 00:09:16,600 Speaker 8: America's jobs and growth are at stake. 193 00:09:17,320 --> 00:09:20,840 Speaker 2: This was very upsetting to Trump a four up on 194 00:09:20,880 --> 00:09:23,040 Speaker 2: the screen, and we should say too by the way, 195 00:09:23,160 --> 00:09:26,360 Speaker 2: I mean what Reagan is articulating. There was like the 196 00:09:26,400 --> 00:09:30,400 Speaker 2: standard free trade orthodoxy that reigned in this town up 197 00:09:30,480 --> 00:09:33,560 Speaker 2: until quite recently, and you know, really starts to break 198 00:09:33,640 --> 00:09:34,200 Speaker 2: under Trump. 199 00:09:34,440 --> 00:09:35,280 Speaker 3: Biden moves in. 200 00:09:35,200 --> 00:09:37,120 Speaker 2: That direction as well, and then we've had you know, 201 00:09:37,160 --> 00:09:39,120 Speaker 2: Trump two point zero where they've just done all kinds 202 00:09:39,160 --> 00:09:41,720 Speaker 2: of wild things. But in any case Trump on true 203 00:09:41,720 --> 00:09:44,200 Speaker 2: social size. The Ronald Reagan Foundation has just announced that 204 00:09:44,240 --> 00:09:48,160 Speaker 2: Canada has fraudulently used an advertisement which is fake featuring 205 00:09:48,200 --> 00:09:51,000 Speaker 2: Ronald Reagan speaking negatively about Tariff's to add U was 206 00:09:51,040 --> 00:09:53,680 Speaker 2: for seventy five million dollars. They only did this to 207 00:09:53,720 --> 00:09:55,760 Speaker 2: interfere with the decision of the US Supreme Court in 208 00:09:55,760 --> 00:09:58,920 Speaker 2: other courts, tariffs are very important to the national security 209 00:09:58,960 --> 00:10:01,520 Speaker 2: and economy of the USA. Based on their egregious behavior, 210 00:10:01,600 --> 00:10:05,280 Speaker 2: all trade negotiations with Canada are hereby terminated. Thank you 211 00:10:05,320 --> 00:10:08,840 Speaker 2: for your attention to this matter, President DJT and Emily. 212 00:10:08,920 --> 00:10:10,600 Speaker 2: He went on from there to announce that they were 213 00:10:10,640 --> 00:10:14,079 Speaker 2: going to levy an additional across the board ten percent 214 00:10:14,160 --> 00:10:16,120 Speaker 2: tariff on all Canadian goods, and. 215 00:10:16,080 --> 00:10:17,480 Speaker 4: He said he doesn't think he's going to be meeting 216 00:10:17,480 --> 00:10:20,280 Speaker 4: with Mark Carney again anytime soon now. Reagan is such 217 00:10:20,280 --> 00:10:24,880 Speaker 4: an interesting case study because Reagan was criticized relentlessly by 218 00:10:25,440 --> 00:10:29,240 Speaker 4: the hyper neoliberals at the time for putting Tariff's very 219 00:10:29,240 --> 00:10:32,840 Speaker 4: protectionist tariffs on Japan, and so Reagan is the worst 220 00:10:32,840 --> 00:10:36,680 Speaker 4: possible case study for the Doug Fords of the world. 221 00:10:36,720 --> 00:10:39,400 Speaker 4: He's in charge of Ontario, Rob Ford the Great, Rob 222 00:10:39,440 --> 00:10:44,320 Speaker 4: Ford's brother to embrace, because again, like there's a lot 223 00:10:44,360 --> 00:10:48,240 Speaker 4: of daylight between Trump's tariff policy and Raygan's the tariff policy. 224 00:10:48,480 --> 00:10:52,200 Speaker 4: But the particular example of Canada actually is instructive because 225 00:10:52,800 --> 00:10:55,480 Speaker 4: the rebalancing of the trade relationship with Canada is something 226 00:10:55,520 --> 00:11:00,360 Speaker 4: that almost everyone except for the most like libertarian minded 227 00:11:00,400 --> 00:11:02,679 Speaker 4: person would tell you was completely necessary. 228 00:11:02,760 --> 00:11:03,280 Speaker 5: And so for. 229 00:11:03,480 --> 00:11:08,200 Speaker 4: Canada to deploy Reagan in that way, it's just it's 230 00:11:08,240 --> 00:11:11,600 Speaker 4: like insulting on a million different levels. But it's especially 231 00:11:11,600 --> 00:11:15,120 Speaker 4: stupid when you think about what the relationship with what 232 00:11:15,240 --> 00:11:17,800 Speaker 4: the what the US trade relationship with Canada looked like, 233 00:11:17,800 --> 00:11:18,160 Speaker 4: Like what. 234 00:11:18,080 --> 00:11:18,720 Speaker 5: Do they want? 235 00:11:19,200 --> 00:11:22,080 Speaker 4: They want just like completely they want what they were 236 00:11:22,120 --> 00:11:23,559 Speaker 4: used to, like what you were saying. 237 00:11:24,520 --> 00:11:27,600 Speaker 2: Well, and Rob Ford is an interesting character because he's 238 00:11:27,640 --> 00:11:29,200 Speaker 2: a very kind of like Trumpian figure. 239 00:11:29,280 --> 00:11:32,280 Speaker 5: Doug Ford. Rob is the brother. They look exactly like. 240 00:11:32,400 --> 00:11:33,840 Speaker 3: They look a similar character. 241 00:11:33,880 --> 00:11:36,760 Speaker 2: I mean Rob was wilder, for sure, but but Doug 242 00:11:36,800 --> 00:11:41,520 Speaker 2: Ford is uh, you know, Trumpian type of character, very bombastic, 243 00:11:42,000 --> 00:11:45,240 Speaker 2: very nationalist in his way. And so it's also worth 244 00:11:45,280 --> 00:11:48,960 Speaker 2: remembering like this wasn't this actually wasn't Mark Carney, you know, 245 00:11:49,120 --> 00:11:51,319 Speaker 2: this wasn't the whole of Canada, right, this is this 246 00:11:51,360 --> 00:11:54,760 Speaker 2: one province that decided to spend this this money. And 247 00:11:54,800 --> 00:11:56,920 Speaker 2: by the way, again, the idea is this for this 248 00:11:57,000 --> 00:12:00,199 Speaker 2: to play in American markets, which is what pissed Trump. 249 00:12:00,240 --> 00:12:02,400 Speaker 2: But then you know you have Trump using like the 250 00:12:02,440 --> 00:12:04,880 Speaker 2: powers of a king to just like he's pissed off, 251 00:12:05,360 --> 00:12:10,040 Speaker 2: so separate and apart from any economic pretext even he's 252 00:12:10,080 --> 00:12:12,480 Speaker 2: just like, I don't like your ad. So now the 253 00:12:12,640 --> 00:12:15,080 Speaker 2: entire country is going to be tear of ten percent, 254 00:12:15,280 --> 00:12:18,480 Speaker 2: which those costs Guess what? Guess who pays those consumers 255 00:12:18,520 --> 00:12:21,959 Speaker 2: and disproportionately working class consumers in the US who will 256 00:12:21,960 --> 00:12:25,000 Speaker 2: now bear the cost of Trump just being like annoyed 257 00:12:25,160 --> 00:12:29,319 Speaker 2: over this stupid Ronald Reagan ad. Scott Bessett was of 258 00:12:29,360 --> 00:12:31,960 Speaker 2: course asked about this on the Sunday shows as well, 259 00:12:32,080 --> 00:12:34,760 Speaker 2: and didn't have a lot of answers about, Okay, well, 260 00:12:34,760 --> 00:12:36,440 Speaker 2: what are we talking about? Is a ten percent truly 261 00:12:36,440 --> 00:12:38,240 Speaker 2: across the border? They're going to be any exceptions, etc. 262 00:12:38,520 --> 00:12:40,000 Speaker 2: Let's go ahead and take a listen to what he 263 00:12:40,040 --> 00:12:40,559 Speaker 2: had to say. 264 00:12:40,800 --> 00:12:44,600 Speaker 10: Why is the president setting trade policy based on a 265 00:12:44,640 --> 00:12:46,080 Speaker 10: television ad he doesn't like? 266 00:12:48,240 --> 00:12:51,600 Speaker 7: Well, Kristen, let's think about this, This is a kind 267 00:12:51,600 --> 00:12:57,679 Speaker 7: of propaganda against US citizens. It's psyops. Why would the 268 00:12:57,720 --> 00:13:01,280 Speaker 7: government of Ontario, I'm told that they've spent they have 269 00:13:01,480 --> 00:13:04,160 Speaker 7: spent or we're planning to spend up to seventy five 270 00:13:04,240 --> 00:13:08,360 Speaker 7: million dollars on these ads to come across the US order. 271 00:13:08,480 --> 00:13:12,440 Speaker 7: So what was the purpose of that other than to 272 00:13:12,720 --> 00:13:15,800 Speaker 7: sway public opinion? And you know, it's some kind of 273 00:13:15,880 --> 00:13:22,479 Speaker 7: propaganda that the Premiere of Ontario unilaterally launched. 274 00:13:22,960 --> 00:13:25,839 Speaker 10: Will the ten percent tariffs apply to all Canadian goods? 275 00:13:25,880 --> 00:13:27,280 Speaker 5: Mister Secretary. 276 00:13:29,160 --> 00:13:33,600 Speaker 7: Christina, I've been traveling since this unfortunate event happened. I 277 00:13:33,640 --> 00:13:36,480 Speaker 7: know that the AD's been taken down, So you know, 278 00:13:36,760 --> 00:13:37,600 Speaker 7: we'll have to see. 279 00:13:37,720 --> 00:13:40,440 Speaker 10: Does the President know if the tariffs will apply to 280 00:13:41,040 --> 00:13:43,439 Speaker 10: ten percent tariffs will apply to all Canadian goods? Has 281 00:13:43,440 --> 00:13:44,880 Speaker 10: he made a determination about that? 282 00:13:46,559 --> 00:13:51,240 Speaker 7: Well, well, I'm sure he. I'm sure he knows, and 283 00:13:51,280 --> 00:13:55,040 Speaker 7: I'm sure the Ambassador of Greer knows. 284 00:13:55,240 --> 00:13:57,920 Speaker 2: I'm sure he knows, but I don't really know, so 285 00:13:58,080 --> 00:13:58,960 Speaker 2: can as your quest. 286 00:13:58,880 --> 00:14:01,480 Speaker 5: That says it all? That says it all. I'm sure 287 00:14:01,520 --> 00:14:03,000 Speaker 5: he knows, and. 288 00:14:03,040 --> 00:14:05,559 Speaker 2: But I'm not sure that he is sure that he knows, 289 00:14:06,040 --> 00:14:08,240 Speaker 2: you know, like he's probably go oh, maybe now, but 290 00:14:08,280 --> 00:14:09,720 Speaker 2: he's probably didn't really think it through. 291 00:14:09,760 --> 00:14:12,040 Speaker 3: He's just like, yeah, turn percent, I'm pissed off. 292 00:14:12,160 --> 00:14:14,679 Speaker 2: And like that's as much as the that's as much 293 00:14:14,679 --> 00:14:15,960 Speaker 2: of the thinking as goes into this. 294 00:14:16,120 --> 00:14:17,760 Speaker 4: I mean, the billions of dollars that are on the 295 00:14:17,760 --> 00:14:21,480 Speaker 4: line with these whims is it's truly I mean use 296 00:14:21,520 --> 00:14:24,440 Speaker 4: the word king, but like that's why tariffs are supposed 297 00:14:24,440 --> 00:14:26,440 Speaker 4: to go through Congress right the most part, or they 298 00:14:26,560 --> 00:14:28,880 Speaker 4: were originally supposed to go through Congress for the most part, 299 00:14:29,000 --> 00:14:31,920 Speaker 4: because there's just i mean, you're your entire this is 300 00:14:32,000 --> 00:14:34,640 Speaker 4: this is planning of the economy. And obviously there's more 301 00:14:34,680 --> 00:14:36,920 Speaker 4: to the economy than tariffs. But in a lot of cases, 302 00:14:36,920 --> 00:14:39,160 Speaker 4: some of the downstream stuff that we talk about taxes 303 00:14:39,200 --> 00:14:42,120 Speaker 4: and the like actually are coming like the tariffs. So 304 00:14:42,200 --> 00:14:44,360 Speaker 4: the first part of this, it's like how much business 305 00:14:44,360 --> 00:14:45,840 Speaker 4: can you do in the United States? What kind of 306 00:14:45,880 --> 00:14:48,080 Speaker 4: business can you do at what cost in the United States? 307 00:14:48,360 --> 00:14:50,800 Speaker 4: So other stuff when it comes bacon out of planning 308 00:14:51,160 --> 00:14:53,520 Speaker 4: in many cases a downstream of the tariffs, and so 309 00:14:53,800 --> 00:14:58,400 Speaker 4: you have the you got the executive on a whim. 310 00:14:58,800 --> 00:15:00,880 Speaker 4: The ad is the best example of this because we 311 00:15:00,960 --> 00:15:03,200 Speaker 4: know that it's happened before, like even with Doug Ford. 312 00:15:03,200 --> 00:15:05,560 Speaker 4: There's been back and forth with Trump and sort of 313 00:15:05,560 --> 00:15:07,200 Speaker 4: these these capricious teriffs. 314 00:15:07,240 --> 00:15:08,640 Speaker 5: But that's Trump's point, is that. 315 00:15:09,240 --> 00:15:11,600 Speaker 4: And I think for the first month, like post April 316 00:15:11,920 --> 00:15:15,280 Speaker 4: second whatever, it was this uncertainty that Trump was using 317 00:15:15,280 --> 00:15:17,760 Speaker 4: it as his leverage kind of made sense because people 318 00:15:17,800 --> 00:15:20,480 Speaker 4: were like, whoa, we have no idea what's coming. 319 00:15:21,080 --> 00:15:23,280 Speaker 5: Let's like they were forced to the table. 320 00:15:24,080 --> 00:15:27,320 Speaker 4: But the longer the uncertainty goes on, people don't have 321 00:15:27,360 --> 00:15:29,880 Speaker 4: to necessarily come to the table because they say it's 322 00:15:29,920 --> 00:15:32,880 Speaker 4: not a good bet, like that, I'm betting on what 323 00:15:33,000 --> 00:15:35,680 Speaker 4: I don't know. And it's Trump never made it clear 324 00:15:35,760 --> 00:15:39,000 Speaker 4: what he's actually looking for, in particular from these other countries. 325 00:15:39,040 --> 00:15:43,160 Speaker 4: So yeah, it's it's it's either one side of the 326 00:15:43,240 --> 00:15:46,320 Speaker 4: spectrum or the other. Like Canada either wants their fantasy 327 00:15:46,400 --> 00:15:51,160 Speaker 4: of Reagan era free trade or they want they want 328 00:15:51,200 --> 00:15:53,600 Speaker 4: some certainty from Trump as to what he's looking for 329 00:15:54,160 --> 00:15:54,520 Speaker 4: on that. 330 00:15:54,880 --> 00:15:56,600 Speaker 2: Yeah, good and good luck with that. And that's why 331 00:15:56,600 --> 00:15:59,120 Speaker 2: you end up betting. Secretary doesn't have that, yeah. 332 00:15:59,000 --> 00:16:00,480 Speaker 4: Right, which is where people end up betting in the 333 00:16:00,520 --> 00:16:02,360 Speaker 4: other direction, because you don't have the certainty. 334 00:16:02,600 --> 00:16:05,960 Speaker 2: Yeah, well, Bessen and his hedge fund buddies should be 335 00:16:05,960 --> 00:16:07,160 Speaker 2: happy with the results. 336 00:16:06,800 --> 00:16:09,160 Speaker 3: In Argentina last night. I don't know if you tried, 337 00:16:09,720 --> 00:16:11,680 Speaker 3: Malay's party secured. 338 00:16:11,720 --> 00:16:14,320 Speaker 2: I think forty percent of the vote pretty easy one so, 339 00:16:14,640 --> 00:16:18,560 Speaker 2: and I mean basically what happened here is Malay's party 340 00:16:18,760 --> 00:16:22,960 Speaker 2: suffered some losses in local elections, and it looked like 341 00:16:23,040 --> 00:16:26,680 Speaker 2: the public was turning against you know, I hesitate to 342 00:16:26,720 --> 00:16:29,600 Speaker 2: call libertarian at this point when you get bailouts from 343 00:16:29,720 --> 00:16:32,800 Speaker 2: all kinds of including our country around the world. But 344 00:16:33,320 --> 00:16:35,960 Speaker 2: you know, it was looking like the argent the Argentine 345 00:16:36,000 --> 00:16:40,400 Speaker 2: Tenian public was turning on this project. And then the 346 00:16:40,400 --> 00:16:42,960 Speaker 2: Trump administration comes in and says basically like, Okay, we're 347 00:16:42,960 --> 00:16:44,840 Speaker 2: going to bail you out, but if you don't vote 348 00:16:44,880 --> 00:16:47,280 Speaker 2: the way that we want you to, we're going to. 349 00:16:47,280 --> 00:16:47,920 Speaker 3: Screw you over. 350 00:16:48,000 --> 00:16:50,480 Speaker 2: I mean, there's an overt threat that was made, and 351 00:16:50,560 --> 00:16:54,400 Speaker 2: it appears that the public responded to that. So Malay's 352 00:16:54,400 --> 00:16:59,000 Speaker 2: party performed well. Obviously, this ties into the soybee market 353 00:16:59,000 --> 00:17:00,840 Speaker 2: as one piece of the other piece of this that 354 00:17:00,880 --> 00:17:05,600 Speaker 2: we've been covering as well is the cattle ranching industry, 355 00:17:05,680 --> 00:17:08,240 Speaker 2: the beef industry, beef prices in this country have been 356 00:17:08,400 --> 00:17:12,280 Speaker 2: extremely high and rising. You would think that cattle ranchers, 357 00:17:12,320 --> 00:17:14,000 Speaker 2: who have been struggling and screwed in a lot of 358 00:17:14,040 --> 00:17:16,159 Speaker 2: ways that we've also been covering over the years, you 359 00:17:16,200 --> 00:17:18,160 Speaker 2: would think that would be a good thing, you know, 360 00:17:18,320 --> 00:17:20,879 Speaker 2: for them. Maybe they're getting more on their end. But 361 00:17:20,960 --> 00:17:25,080 Speaker 2: because of monopoly and consolidation, that has really not come 362 00:17:25,119 --> 00:17:28,080 Speaker 2: together for cattle ranchers here in the US. Than Trump 363 00:17:28,160 --> 00:17:30,439 Speaker 2: came in and said that to depress the prices, to 364 00:17:30,520 --> 00:17:32,960 Speaker 2: further screw the ranchers here, he's going to buy beef 365 00:17:33,000 --> 00:17:36,880 Speaker 2: from Argentina. So to talk about all of these things, 366 00:17:36,880 --> 00:17:39,680 Speaker 2: we actually have a rancher who also is a journalist 367 00:17:39,760 --> 00:17:43,520 Speaker 2: who covers the industry extensively. Mike Cali Crate is going 368 00:17:43,560 --> 00:17:48,160 Speaker 2: to join us now. Joining us now to talk about 369 00:17:48,200 --> 00:17:52,320 Speaker 2: the president's decision to purchase beef from Argentina is Mike 370 00:17:52,400 --> 00:17:55,520 Speaker 2: Cali Crate. He is himself a rancher, he's a journalist, 371 00:17:55,720 --> 00:17:57,960 Speaker 2: he's a family farm advocate, and he is also a 372 00:17:58,000 --> 00:18:00,800 Speaker 2: founder of Ranch Foods Directly. It's great to have you, Mike. 373 00:18:01,400 --> 00:18:02,399 Speaker 11: Thanks for having me, Crystal. 374 00:18:02,480 --> 00:18:03,040 Speaker 3: Yeah, of course, So. 375 00:18:03,080 --> 00:18:04,920 Speaker 2: Let's go and put a tear sheet up on the screen. 376 00:18:04,920 --> 00:18:07,560 Speaker 2: This is some of your writing about this deal. You say, 377 00:18:07,560 --> 00:18:10,639 Speaker 2: Colorado Springs rancher, that would be you, says importing Argentinian 378 00:18:10,680 --> 00:18:12,800 Speaker 2: beef could hurt us ranchers. 379 00:18:12,960 --> 00:18:16,280 Speaker 3: I'd actually like you, though, to back up a little. 380 00:18:16,000 --> 00:18:19,040 Speaker 2: Bit from this present moment and give us a bit 381 00:18:19,080 --> 00:18:23,760 Speaker 2: of a lay of the land of the cattle ranching industry. 382 00:18:23,920 --> 00:18:26,640 Speaker 2: And also, you know, beef prices have gone up a lot, 383 00:18:26,680 --> 00:18:30,240 Speaker 2: certainly American consumers are very concerned about that. Have ranchers 384 00:18:30,240 --> 00:18:33,159 Speaker 2: been benefiting from that price increase? What is kind of 385 00:18:33,160 --> 00:18:34,440 Speaker 2: the state of the industry right now. 386 00:18:35,240 --> 00:18:39,000 Speaker 11: No, ranchers have not benefited from consumer price increases. There's 387 00:18:39,040 --> 00:18:43,719 Speaker 11: a disconnect between consumer prices and what ranchers receive for cattle. 388 00:18:44,200 --> 00:18:48,400 Speaker 11: And it's a middleman problem, a monopoly problem, essentially, a 389 00:18:48,520 --> 00:18:52,600 Speaker 11: cartail sort of partnership between the biggest meat packers who 390 00:18:52,640 --> 00:18:56,080 Speaker 11: now control eighty five percent the big four control eighty 391 00:18:56,080 --> 00:19:00,320 Speaker 11: five percent of the slaughter market, in partnership with big 392 00:19:00,359 --> 00:19:04,959 Speaker 11: retailers who control a very similar share of the retail market. 393 00:19:05,000 --> 00:19:13,480 Speaker 11: And I'm talking about Walmart, Kroger, Amazon, Whole Foods, Safeway, Albertson's, 394 00:19:13,920 --> 00:19:16,520 Speaker 11: and so the rancher has really been shut out of 395 00:19:16,560 --> 00:19:19,840 Speaker 11: his fair share of the consumer dollar. Really going back 396 00:19:19,880 --> 00:19:25,280 Speaker 11: clear to the late seventies when when the book Vicious 397 00:19:25,280 --> 00:19:28,240 Speaker 11: Circles the Mafia in the Marketplace detailed how the big 398 00:19:28,280 --> 00:19:32,080 Speaker 11: meat packers were cooperating rather than competing and stealing really 399 00:19:32,119 --> 00:19:35,560 Speaker 11: the producer's share of the consumer dollars. So we've lost 400 00:19:35,600 --> 00:19:38,800 Speaker 11: half our ranchers during this period of time when when 401 00:19:38,800 --> 00:19:42,800 Speaker 11: this cartel has been really depressing the price for livestock 402 00:19:42,840 --> 00:19:45,399 Speaker 11: at the same time as they're raising prices for consumers. 403 00:19:45,840 --> 00:19:49,520 Speaker 11: And we've liquidated ten million cows. So now we've come 404 00:19:49,600 --> 00:19:52,000 Speaker 11: to a very very critical time when we just don't 405 00:19:52,040 --> 00:19:56,000 Speaker 11: have enough livestock to feed our own people. And that's 406 00:19:56,040 --> 00:19:58,199 Speaker 11: been made up for. It's been a it's been a 407 00:19:58,240 --> 00:20:02,359 Speaker 11: gradual progression, but it's been made up for with imports. 408 00:20:02,920 --> 00:20:06,480 Speaker 11: So we're importing up to twenty percent of the meat 409 00:20:06,560 --> 00:20:09,560 Speaker 11: that we eat today, and it's from wherever the cartel 410 00:20:09,680 --> 00:20:12,800 Speaker 11: can find it the cheapest to import into this country. 411 00:20:12,880 --> 00:20:17,639 Speaker 11: And it's a sad state when producers everywhere, it doesn't 412 00:20:17,680 --> 00:20:20,520 Speaker 11: matter whether you're in the United States or whether you're 413 00:20:20,520 --> 00:20:24,680 Speaker 11: in Argentina, you're being paid below your cost of production 414 00:20:25,080 --> 00:20:27,560 Speaker 11: because of this abusive market power that lies in the 415 00:20:27,560 --> 00:20:30,320 Speaker 11: hands of these very powerful multinational corporations. 416 00:20:30,760 --> 00:20:34,120 Speaker 4: And President Trump is obviously concerning about just bringing down 417 00:20:34,280 --> 00:20:37,280 Speaker 4: the price of beef overall. Could you speak a bit 418 00:20:37,320 --> 00:20:40,440 Speaker 4: to what's happened in the last I don't know year, 419 00:20:40,680 --> 00:20:45,520 Speaker 4: couple years, just recent history that's behind this price spike 420 00:20:45,640 --> 00:20:50,160 Speaker 4: that consumers are experiencing now. Is it still deeply connected 421 00:20:50,200 --> 00:20:54,320 Speaker 4: to those overall trends concentration? Are there micro factors that 422 00:20:54,359 --> 00:20:57,880 Speaker 4: have influenced it just in recent history? What's going on now? 423 00:20:58,640 --> 00:21:02,040 Speaker 11: Well, right now, because of the real serious lack of 424 00:21:02,600 --> 00:21:04,879 Speaker 11: cattle here in the United States and the fact that 425 00:21:04,920 --> 00:21:08,800 Speaker 11: we've shut down the the import of feeder cattle out 426 00:21:08,840 --> 00:21:13,480 Speaker 11: of Mexico along with additional tariffs on Brazilian beef, it's 427 00:21:13,520 --> 00:21:17,199 Speaker 11: it's inflated that that cost to the retailer, and and 428 00:21:17,280 --> 00:21:20,520 Speaker 11: the retailer is absolutely not willing to give up any 429 00:21:20,600 --> 00:21:24,000 Speaker 11: of their unfair margins that they've that they've been able 430 00:21:24,040 --> 00:21:27,400 Speaker 11: to achieve because of their abusive market power, and and 431 00:21:27,600 --> 00:21:31,200 Speaker 11: so retailers are charging all they can uh They're they're 432 00:21:31,240 --> 00:21:33,800 Speaker 11: always going to test with the consumers willing to pay 433 00:21:34,240 --> 00:21:37,080 Speaker 11: and and so the problem is from that point back, 434 00:21:37,400 --> 00:21:40,040 Speaker 11: the producer isn't getting his fair share. Nor is the worker, 435 00:21:40,280 --> 00:21:43,280 Speaker 11: the worker in the meat in the meat system, whether 436 00:21:43,280 --> 00:21:47,400 Speaker 11: it's a slaughterhouse worker or or a processing worker. Uh, 437 00:21:47,560 --> 00:21:49,760 Speaker 11: they're not They're not getting their fair share either, and 438 00:21:49,800 --> 00:21:54,480 Speaker 11: so so the and so what we've seen is with 439 00:21:54,560 --> 00:21:58,760 Speaker 11: this reduction in imports is retailers saying, oh, this is 440 00:21:58,760 --> 00:22:01,679 Speaker 11: a great time to raise prices. But the thing you 441 00:22:01,720 --> 00:22:04,239 Speaker 11: need to look at as far as the price of 442 00:22:04,280 --> 00:22:07,480 Speaker 11: beef to the consumer, it's about the same. It takes 443 00:22:07,520 --> 00:22:10,800 Speaker 11: about the same amount of minutes within an hour to 444 00:22:11,480 --> 00:22:13,840 Speaker 11: eat to buy a pound of ground beef as it did, 445 00:22:14,080 --> 00:22:17,200 Speaker 11: you know, twenty years ago. And so our beef price 446 00:22:17,280 --> 00:22:23,040 Speaker 11: is really too high? Probably not, probably not. But is 447 00:22:23,119 --> 00:22:26,240 Speaker 11: the income to the normal family that's trying to buy 448 00:22:26,280 --> 00:22:30,040 Speaker 11: beef too low? Absolutely, When you're working two and three 449 00:22:30,200 --> 00:22:33,720 Speaker 11: jobs to pay your mortgage, to pay for your technology, 450 00:22:33,760 --> 00:22:38,199 Speaker 11: to pay for food, of course it's going to hit 451 00:22:38,240 --> 00:22:41,560 Speaker 11: you hard. But right now at Ranch Foods Direct, we've 452 00:22:41,560 --> 00:22:44,840 Speaker 11: got six dollars a pound ground beef that is thirty 453 00:22:44,920 --> 00:22:48,560 Speaker 11: some cents below the national average. Plus it's local and 454 00:22:48,600 --> 00:22:53,359 Speaker 11: it's really good. But the industry has sold America on 455 00:22:53,480 --> 00:22:55,840 Speaker 11: the fact that you've got to get big to be 456 00:22:55,920 --> 00:22:59,159 Speaker 11: efficient and have economies of scale. All of that was 457 00:22:59,240 --> 00:23:04,120 Speaker 11: proven fall during COVID when we had empty shelves all 458 00:23:04,160 --> 00:23:07,960 Speaker 11: across to America while our company, the local regional company 459 00:23:08,000 --> 00:23:11,400 Speaker 11: in Colorado Springs that has a supply chain that goes 460 00:23:11,400 --> 00:23:15,200 Speaker 11: to Saint Francis, Kansas on the Colorado border, we never 461 00:23:15,280 --> 00:23:19,800 Speaker 11: ran out, but we have a local regional model that 462 00:23:19,880 --> 00:23:21,720 Speaker 11: I think has got to get replicated if we're going 463 00:23:21,760 --> 00:23:24,480 Speaker 11: to actually feed ourselves going forward. We have to address 464 00:23:24,720 --> 00:23:28,520 Speaker 11: the abusive market power, the monopoly power of big food. 465 00:23:29,000 --> 00:23:32,640 Speaker 11: And I know this maybe doesn't matter much when you're 466 00:23:32,640 --> 00:23:37,679 Speaker 11: talking about AI and you're talking about Venezuelan regime changes 467 00:23:38,000 --> 00:23:41,000 Speaker 11: and you're talking about all of this crazy stuff in 468 00:23:41,040 --> 00:23:44,679 Speaker 11: the news. But this is food. This is what we 469 00:23:44,720 --> 00:23:47,160 Speaker 11: put on our plates every day to nourish our families. 470 00:23:47,160 --> 00:23:50,240 Speaker 11: And it's not just beef. It's everything that we eat 471 00:23:50,359 --> 00:23:53,400 Speaker 11: is under the power of a handful of global corporations. 472 00:23:53,560 --> 00:23:55,720 Speaker 2: Yeah, it's such a great point I would love for 473 00:23:55,760 --> 00:23:58,840 Speaker 2: you to dig into. You mentioned that you've the industry 474 00:23:58,920 --> 00:24:03,479 Speaker 2: is liquidated million cows, and that that lack of supply 475 00:24:04,200 --> 00:24:08,120 Speaker 2: is part of why we're seeing these skyrocketing prices. Now, 476 00:24:09,280 --> 00:24:13,199 Speaker 2: what led to that liquidation, What was the math of 477 00:24:13,240 --> 00:24:15,320 Speaker 2: the business logic that led to that outcome? 478 00:24:16,480 --> 00:24:20,000 Speaker 11: Decades of being paid below the cost of production is 479 00:24:20,040 --> 00:24:23,520 Speaker 11: what led to that liquidation. I've been at this about 480 00:24:23,560 --> 00:24:26,520 Speaker 11: fifty years, and I just remember my in laws at 481 00:24:26,560 --> 00:24:30,680 Speaker 11: the dinner table with my sons reminding them, don't do 482 00:24:30,800 --> 00:24:34,920 Speaker 11: what we've done. Do not be ranchers, Do not raise cattle. 483 00:24:35,040 --> 00:24:37,760 Speaker 11: It is not a great lifestyle. You can't get paid 484 00:24:37,880 --> 00:24:42,640 Speaker 11: enough to pay the mortgage and live a reasonable quality 485 00:24:42,680 --> 00:24:46,440 Speaker 11: of life there. You know, farmers and ranchers their basic 486 00:24:46,560 --> 00:24:49,359 Speaker 11: net income is coming from off farm income. And so 487 00:24:49,400 --> 00:24:53,320 Speaker 11: the big food companies have reduced the prices paid to 488 00:24:53,400 --> 00:24:56,080 Speaker 11: producers because they have the power to do so, and 489 00:24:56,359 --> 00:25:00,600 Speaker 11: so we have. Then in the last few decades, ranching 490 00:25:00,600 --> 00:25:03,320 Speaker 11: has not been an attractive business, and so we've not 491 00:25:03,560 --> 00:25:07,120 Speaker 11: replaced the cows that they've as they've gotten older with 492 00:25:07,119 --> 00:25:12,119 Speaker 11: with heifer's and the bankers are clamoring for for note 493 00:25:12,119 --> 00:25:16,520 Speaker 11: payments and mortgage reductions, and we just simply haven't maintained 494 00:25:16,520 --> 00:25:19,000 Speaker 11: our cow herd because there has not been a fair, 495 00:25:19,119 --> 00:25:21,560 Speaker 11: open and competitive marketplace, and. 496 00:25:21,640 --> 00:25:25,000 Speaker 4: So Trump is saying it's not we don't totally understand 497 00:25:25,000 --> 00:25:27,359 Speaker 4: what he's going to do with Argentina yet, but he said, 498 00:25:27,440 --> 00:25:28,679 Speaker 4: you know, not a lot of beef. 499 00:25:28,960 --> 00:25:29,760 Speaker 5: You know, it's. 500 00:25:29,640 --> 00:25:32,440 Speaker 4: It's you know, it's not going to be a ton. 501 00:25:33,240 --> 00:25:35,960 Speaker 4: But based on all of that, based on what we 502 00:25:36,040 --> 00:25:40,840 Speaker 4: know so far, what influence would a modest amount of 503 00:25:40,880 --> 00:25:43,959 Speaker 4: imports from Argentina, a modest amount of beef imports from 504 00:25:44,040 --> 00:25:46,480 Speaker 4: Argentina have on the industry as you see it? 505 00:25:47,359 --> 00:25:49,040 Speaker 11: Well right now, I don't know that it would have 506 00:25:49,480 --> 00:25:52,200 Speaker 11: a lot if you really had a supply and demand market, 507 00:25:52,240 --> 00:25:55,399 Speaker 11: which we have not had for probably since the eighties. 508 00:25:55,480 --> 00:25:59,280 Speaker 11: We haven't had that. And but but the thing is 509 00:25:59,640 --> 00:26:03,359 Speaker 11: thenouncement of it. Let's those cattle futures, you know, the 510 00:26:03,440 --> 00:26:08,720 Speaker 11: Chicago MRK just totally crater the price on the futures market, 511 00:26:08,920 --> 00:26:12,800 Speaker 11: which then reduces those prices for calves and feeder cattle 512 00:26:13,320 --> 00:26:18,399 Speaker 11: and live cattle to the rancher. Right now, but I 513 00:26:18,440 --> 00:26:23,879 Speaker 11: don't think Trump understands just how much disconnect there is 514 00:26:24,040 --> 00:26:27,399 Speaker 11: between retail prices and ranch gate prices. You know, a 515 00:26:27,520 --> 00:26:30,719 Speaker 11: rancher is in the business of turning grass into cattle 516 00:26:31,400 --> 00:26:33,760 Speaker 11: and they hope for a competitive market that will give 517 00:26:33,760 --> 00:26:35,840 Speaker 11: them a fair share of that consumer dollar. Back in 518 00:26:35,920 --> 00:26:39,240 Speaker 11: nineteen seventy when I first started, the rancher got about 519 00:26:39,280 --> 00:26:42,200 Speaker 11: seventy percent, The producer of livestock got about seventy percent 520 00:26:42,240 --> 00:26:44,560 Speaker 11: of the consumer dollar. That dropped to as low as 521 00:26:44,600 --> 00:26:48,000 Speaker 11: twenty seven percent during COVID to now it's around fifty 522 00:26:48,040 --> 00:26:51,000 Speaker 11: four to fifty five percent. So we still are not 523 00:26:51,200 --> 00:26:54,520 Speaker 11: getting our fair share of what consumers spend, and that 524 00:26:54,680 --> 00:26:57,960 Speaker 11: is again a result of the market power of the middlemen. 525 00:26:58,880 --> 00:27:00,800 Speaker 2: Mike, I wonder if you could talk a little bit 526 00:27:00,840 --> 00:27:03,119 Speaker 2: of politics here with us. You know, you had in 527 00:27:03,160 --> 00:27:06,080 Speaker 2: the Biden administration, with Lena Khan, you had a real 528 00:27:06,240 --> 00:27:08,399 Speaker 2: renewed interest in an anti trust. 529 00:27:08,520 --> 00:27:09,400 Speaker 3: I remember there was. 530 00:27:09,320 --> 00:27:15,040 Speaker 2: Some at least at least rhetorical emphasis on, hey, we 531 00:27:15,080 --> 00:27:17,680 Speaker 2: got to break up some of these meat packers and 532 00:27:17,760 --> 00:27:21,240 Speaker 2: you know, the cartels that you're talking about. But none 533 00:27:21,280 --> 00:27:23,760 Speaker 2: of that seems to have really been rewarded, certainly by 534 00:27:23,960 --> 00:27:27,400 Speaker 2: rural America, and you know, your you know, your your 535 00:27:27,440 --> 00:27:32,960 Speaker 2: business competitors in the industry overwhelmingly went for Trump. So, 536 00:27:33,640 --> 00:27:35,440 Speaker 2: you know, how do you think about the way that 537 00:27:35,760 --> 00:27:39,159 Speaker 2: Democrats have over years you know, completely lost this constituenc 538 00:27:39,200 --> 00:27:40,879 Speaker 2: You used to have a John Tester or someone like that. 539 00:27:40,960 --> 00:27:43,040 Speaker 2: It was you know, very sort of like populist, anti 540 00:27:43,040 --> 00:27:44,879 Speaker 2: trust it was able to win in these states, and 541 00:27:44,920 --> 00:27:47,000 Speaker 2: I just don't think that it's it's possible anymore. 542 00:27:47,000 --> 00:27:47,920 Speaker 3: How do you think about that? 543 00:27:48,680 --> 00:27:52,280 Speaker 11: Well, I am I'm really disappointed that that no one 544 00:27:52,400 --> 00:27:57,080 Speaker 11: politically Democrat or Republican has delivered on antitrust law enforcement. 545 00:27:57,520 --> 00:28:00,399 Speaker 11: And I think that the last election would have had 546 00:28:00,440 --> 00:28:03,119 Speaker 11: a far different outcome if they would not have kept 547 00:28:03,440 --> 00:28:06,119 Speaker 11: Lena Khan with the Federal Trade Commission in the closet. 548 00:28:06,359 --> 00:28:10,600 Speaker 11: I mean, she was working to improve competitive markets and 549 00:28:10,800 --> 00:28:17,120 Speaker 11: fairness all the way around around consumer welfare and corporate 550 00:28:17,200 --> 00:28:20,280 Speaker 11: power and all of that, and we just didn't we 551 00:28:20,320 --> 00:28:24,159 Speaker 11: didn't even know about it. Kamala Harris need even mentioned it. 552 00:28:24,440 --> 00:28:27,199 Speaker 11: So we've never had support. In fact, going back to 553 00:28:27,240 --> 00:28:30,919 Speaker 11: the Obama years when they had the concentration hearings across 554 00:28:30,960 --> 00:28:35,000 Speaker 11: the country, we thought full well, with all of that 555 00:28:35,280 --> 00:28:38,360 Speaker 11: proof and all of that information about the abusive market 556 00:28:38,360 --> 00:28:41,240 Speaker 11: power of big meat packers, that there would be some relief. 557 00:28:41,680 --> 00:28:45,120 Speaker 11: And Lena Khan wrote the article Obama's Game of Chicken. 558 00:28:45,240 --> 00:28:48,480 Speaker 11: It was in the Atlantic. It was amazing piece of writing. 559 00:28:48,800 --> 00:28:51,360 Speaker 11: And then eventually she made her way into the chair 560 00:28:51,400 --> 00:28:54,720 Speaker 11: of the Federal Trade Commission and was doing absolutely the 561 00:28:54,760 --> 00:28:57,880 Speaker 11: best work we've seen in one hundred years. Trump comes 562 00:28:57,880 --> 00:29:03,000 Speaker 11: in and fires her. That is just how how unbelievably 563 00:29:03,160 --> 00:29:07,960 Speaker 11: ignorant the the current administration is about the real needs 564 00:29:08,280 --> 00:29:12,480 Speaker 11: of consumers and producers around our food system in particular, 565 00:29:12,720 --> 00:29:15,320 Speaker 11: although Lena Khan looked at a lot of other things, 566 00:29:15,360 --> 00:29:19,360 Speaker 11: but she's the one that blocked the Kroger Safeway merger. 567 00:29:19,560 --> 00:29:25,959 Speaker 11: So Safeway Albertson's merger that was absolutely required, and prior 568 00:29:26,000 --> 00:29:29,360 Speaker 11: to that, we we blocked the Safe or the Cisco 569 00:29:29,920 --> 00:29:33,240 Speaker 11: US Foods merger. But the problem we're seeing now is 570 00:29:33,520 --> 00:29:36,240 Speaker 11: these companies that try to merge get to know each other, 571 00:29:36,280 --> 00:29:38,520 Speaker 11: and whether it's approved or not, they still cooperate and 572 00:29:38,520 --> 00:29:41,520 Speaker 11: work together to maximize their profits. I mean, how is 573 00:29:41,560 --> 00:29:46,720 Speaker 11: it that Cisco earns or makes a hundred percent return 574 00:29:46,800 --> 00:29:50,400 Speaker 11: on equity ro O Roe right now, if you look 575 00:29:50,440 --> 00:29:53,880 Speaker 11: it up on Google, Cisco's rite out one hundred percent 576 00:29:53,920 --> 00:29:56,680 Speaker 11: return on equity. That's not a competitive market, and that 577 00:29:56,760 --> 00:30:00,240 Speaker 11: comes at the expense of producers and consumers and all 578 00:30:00,280 --> 00:30:01,560 Speaker 11: the workers that are in between. 579 00:30:02,040 --> 00:30:05,520 Speaker 4: And your case actually is that that goes straight to 580 00:30:05,600 --> 00:30:09,520 Speaker 4: those beef prices that if you have it's essentially like 581 00:30:09,560 --> 00:30:12,960 Speaker 4: the greed inflation argument that the Biden administration made a 582 00:30:12,360 --> 00:30:16,719 Speaker 4: half hearted attempt attempt to sell to the public, that 583 00:30:16,760 --> 00:30:19,920 Speaker 4: when you have consolidation, you're able to just ratch it up. 584 00:30:19,920 --> 00:30:22,520 Speaker 4: The retailers themselves are able to just ratch it up 585 00:30:22,520 --> 00:30:24,600 Speaker 4: the prices. That is that, Am I getting that right? 586 00:30:24,640 --> 00:30:25,760 Speaker 4: Based on what you were expecting? 587 00:30:25,760 --> 00:30:30,200 Speaker 11: One hundred percent? That is exactly exactly right. You give 588 00:30:30,240 --> 00:30:32,920 Speaker 11: them the ability to extract wealth and they will do 589 00:30:33,080 --> 00:30:37,640 Speaker 11: it to the maximum amount allowable that they're able to. 590 00:30:38,200 --> 00:30:40,240 Speaker 11: And you know, that's all goes back to the corporate 591 00:30:40,280 --> 00:30:45,640 Speaker 11: responsibility of providing maximum returns to shareholders. But it's honestly 592 00:30:45,720 --> 00:30:48,360 Speaker 11: maximum returns to executive level pay. 593 00:30:48,440 --> 00:30:51,120 Speaker 2: Yeah, my last question to you, you know, what would 594 00:30:51,160 --> 00:30:53,560 Speaker 2: your pitch be to Americans who are listening to this 595 00:30:53,720 --> 00:30:55,840 Speaker 2: or are like, well, that's all well and good, but 596 00:30:56,000 --> 00:30:58,200 Speaker 2: like prices are too high, and if it's going to 597 00:30:58,240 --> 00:31:02,720 Speaker 2: help to import beef from Argentina or wherever, why don't 598 00:31:02,760 --> 00:31:05,080 Speaker 2: we just why don't we just go for that? Because 599 00:31:05,160 --> 00:31:07,120 Speaker 2: my pocketbook is hurting right now. What would you tell 600 00:31:07,120 --> 00:31:08,800 Speaker 2: Americans about why they should care. 601 00:31:09,560 --> 00:31:12,400 Speaker 11: Well, I tell Americans they should care because importing Argentine 602 00:31:12,440 --> 00:31:14,760 Speaker 11: beef is not going to lower your prices. It might 603 00:31:14,800 --> 00:31:18,800 Speaker 11: lower the prices to ranchers, which guarantees that the herd 604 00:31:18,800 --> 00:31:21,120 Speaker 11: won't be rebuilt and won't be feeding us in the future, 605 00:31:21,120 --> 00:31:24,560 Speaker 11: but it will not lower prices, not with the cartel, 606 00:31:24,760 --> 00:31:27,440 Speaker 11: the monopoly power of the middlemen. And think about it 607 00:31:27,440 --> 00:31:30,640 Speaker 11: in a minute, from the Argentine perspective, I mean, their 608 00:31:30,640 --> 00:31:35,560 Speaker 11: economy is not doing great, their consumers are not doing great. 609 00:31:35,640 --> 00:31:37,480 Speaker 11: So we go down there and we're going to take 610 00:31:37,720 --> 00:31:43,120 Speaker 11: meat off the plates of Argentine consumers, raise their prices, 611 00:31:43,600 --> 00:31:46,400 Speaker 11: only to use it as a lever to lower prices 612 00:31:46,400 --> 00:31:49,920 Speaker 11: to ranchers and not lower prices to American consumers. And 613 00:31:49,960 --> 00:31:52,720 Speaker 11: the other point that no one is making is when 614 00:31:53,200 --> 00:31:57,840 Speaker 11: Argentina gets favorable trade conditions with the United States, the 615 00:31:57,920 --> 00:32:00,920 Speaker 11: highest and best consuming market in the world world, how 616 00:32:00,960 --> 00:32:06,520 Speaker 11: many animals transship cross those borders into Argentina that then 617 00:32:06,600 --> 00:32:09,640 Speaker 11: are able to go into the United States at the 618 00:32:09,680 --> 00:32:14,000 Speaker 11: best prices on the globe. Mike cal create and only 619 00:32:14,040 --> 00:32:17,400 Speaker 11: the middleman making the money. Yeah, So the Argentine producers 620 00:32:17,480 --> 00:32:22,920 Speaker 11: under the same pressure, same big companies JBS marfrigg. You know, 621 00:32:22,960 --> 00:32:25,960 Speaker 11: the biggest companies in the world are transacting the deal 622 00:32:26,160 --> 00:32:26,760 Speaker 11: and they'll. 623 00:32:26,560 --> 00:32:30,280 Speaker 2: Be subject to the same nightmare you've been living here. Mike, 624 00:32:30,320 --> 00:32:33,360 Speaker 2: thank you so much for for helping us understand. Tell 625 00:32:33,360 --> 00:32:35,000 Speaker 2: people you know where they can find you, where they 626 00:32:35,000 --> 00:32:36,600 Speaker 2: can buy your products, all of that good stuff. 627 00:32:37,040 --> 00:32:39,040 Speaker 11: Well, if you go to Mike cal Create dot com, 628 00:32:39,080 --> 00:32:40,920 Speaker 11: you'll see what we're up to, and I've got a 629 00:32:40,920 --> 00:32:43,360 Speaker 11: blog there. But if as far as the ranch Foods 630 00:32:43,360 --> 00:32:46,200 Speaker 11: Direct model, which I would hope others might replicate around 631 00:32:46,280 --> 00:32:49,600 Speaker 11: the country to connect producers more closely to consumers, go 632 00:32:49,640 --> 00:32:52,120 Speaker 11: to ranch Foodsdirect dot com and you'll be able to 633 00:32:52,160 --> 00:32:53,040 Speaker 11: see what we do there. 634 00:32:53,280 --> 00:32:56,200 Speaker 3: Just put in my order yesterday. So thank you so much. 635 00:32:56,480 --> 00:32:57,800 Speaker 3: See Mike, thank you. 636 00:32:57,840 --> 00:32:58,480 Speaker 11: I appreciate it. 637 00:32:58,520 --> 00:32:59,040 Speaker 3: Great to have you. 638 00:32:59,080 --> 00:33:00,920 Speaker 11: Okay, all right bye. 639 00:33:03,120 --> 00:33:06,880 Speaker 4: We learned not long ago that a mysterious private donor 640 00:33:07,080 --> 00:33:10,280 Speaker 4: was jumping in to bail out the government during the 641 00:33:10,320 --> 00:33:14,680 Speaker 4: shutdown so that some US troops could continue to get paid. 642 00:33:15,080 --> 00:33:18,440 Speaker 4: As Congress continues to take no action, tries to take action, 643 00:33:18,560 --> 00:33:21,320 Speaker 4: but hasn't taken any action. To at least make sure 644 00:33:21,360 --> 00:33:23,440 Speaker 4: that the troops are paid during the shutdown. 645 00:33:23,920 --> 00:33:25,360 Speaker 5: Here is a little bit of a back and. 646 00:33:25,400 --> 00:33:28,120 Speaker 4: Forth between Donald Trump and a reporter about who might 647 00:33:28,160 --> 00:33:31,080 Speaker 4: have stepped in with this one hundred and thirty million 648 00:33:31,160 --> 00:33:33,400 Speaker 4: dollars donation straight to the government. 649 00:33:33,760 --> 00:33:34,960 Speaker 5: We can roll the clip, so. 650 00:33:35,120 --> 00:33:38,800 Speaker 4: Find somebody to pay for our troops during the shutdown. 651 00:33:40,880 --> 00:33:44,280 Speaker 12: He's a great gentleman. He's a great page. He's obviously 652 00:33:44,320 --> 00:33:48,800 Speaker 12: a very substantial man. And he contributed one hundred and 653 00:33:48,880 --> 00:33:52,160 Speaker 12: thirty million dollars toward the military in order to make 654 00:33:52,280 --> 00:33:55,280 Speaker 12: up any different So he wanted to see the military 655 00:33:55,320 --> 00:33:58,440 Speaker 12: get paid. So did I. And he's a wonderful man, 656 00:33:58,480 --> 00:34:01,440 Speaker 12: and he does in what publicity. He doesn't you know, 657 00:34:01,480 --> 00:34:03,840 Speaker 12: he'd prefer I think that his name not be mentioned, 658 00:34:03,840 --> 00:34:07,040 Speaker 12: which is pretty unusual that the world they come from. 659 00:34:07,080 --> 00:34:10,279 Speaker 12: And he's a big supporter of an American It is 660 00:34:10,360 --> 00:34:12,000 Speaker 12: a great American citizen. 661 00:34:12,480 --> 00:34:15,000 Speaker 4: We now know who that donor is. We can put 662 00:34:15,040 --> 00:34:18,000 Speaker 4: b two up on the screen. Timothy Melon of the 663 00:34:18,120 --> 00:34:20,440 Speaker 4: Mellon family. You actually may remember his name from the 664 00:34:20,440 --> 00:34:24,800 Speaker 4: twenty twenty four election cycle when he just was giving 665 00:34:24,800 --> 00:34:26,720 Speaker 4: all pumping money into the Trump campaign. 666 00:34:27,040 --> 00:34:31,600 Speaker 2: Essentially made a fifty million dollar donation to Trump. 667 00:34:31,480 --> 00:34:35,320 Speaker 3: Super Pack fifty million dollars. So he's one of Trump's 668 00:34:35,440 --> 00:34:36,240 Speaker 3: largest donors. 669 00:34:36,520 --> 00:34:39,880 Speaker 4: Incredible. He's somewhat of a recluse. He lives in Wyoming. 670 00:34:39,960 --> 00:34:43,000 Speaker 4: He's a big supporter of Robert F. Kennedy Junior in 671 00:34:43,040 --> 00:34:45,200 Speaker 4: his group. The Children's Health Defense Fund, I think is 672 00:34:45,239 --> 00:34:47,399 Speaker 4: the name of it. And so according to two people 673 00:34:47,400 --> 00:34:49,720 Speaker 4: familiar with the matter, according to the New York Times, 674 00:34:49,719 --> 00:34:51,720 Speaker 4: these are the New York Times sources to people familiar 675 00:34:51,760 --> 00:34:54,560 Speaker 4: with the matter, it was Timothy Mellon who came in 676 00:34:54,840 --> 00:34:58,760 Speaker 4: and ended up giving one hundred and thirty million dollars. 677 00:34:58,880 --> 00:35:02,520 Speaker 4: Let's roll this clip of true Secretary Scott Besant on 678 00:35:02,560 --> 00:35:04,000 Speaker 4: whether or not the troops were getting paid. 679 00:35:04,280 --> 00:35:08,720 Speaker 7: We were able to pay the military employees from excess 680 00:35:08,760 --> 00:35:11,279 Speaker 7: funds at the Pentagon Medal of this month. I think 681 00:35:11,320 --> 00:35:14,000 Speaker 7: we'll be able to pay them beginning in November. But 682 00:35:14,200 --> 00:35:18,319 Speaker 7: by November fifteenth, our troops and service members who are 683 00:35:18,360 --> 00:35:21,160 Speaker 7: willing to risk their lives aren't going to be able 684 00:35:21,160 --> 00:35:21,680 Speaker 7: to get paid. 685 00:35:21,760 --> 00:35:26,319 Speaker 3: What it embarrassing, Yes, embarrassed, that's right now. It is. 686 00:35:26,800 --> 00:35:28,919 Speaker 4: And so now you have Timothy Mellon jumping in which 687 00:35:28,960 --> 00:35:32,520 Speaker 4: Crystal is actually kind of interesting because Republicans have used 688 00:35:32,560 --> 00:35:34,960 Speaker 4: I mean, it's interesting a lot of ways, but Republicans. 689 00:35:34,440 --> 00:35:37,560 Speaker 5: Have used particularly the troops, just. 690 00:35:37,560 --> 00:35:40,800 Speaker 4: As Democrats did during previous government shutdowns to say, quote, 691 00:35:40,800 --> 00:35:42,440 Speaker 4: what an embarrassment. 692 00:35:42,000 --> 00:35:44,800 Speaker 5: Like, get to the table, give us the votes. 693 00:35:45,040 --> 00:35:47,520 Speaker 4: Republicans are typically the ones in the position of withholding 694 00:35:47,600 --> 00:35:50,800 Speaker 4: votes on a cr to fund the government. Now it's Democrats, 695 00:35:50,800 --> 00:35:53,600 Speaker 4: and Republicans thought this was their leverage. So it's actually 696 00:35:53,640 --> 00:35:56,040 Speaker 4: kind of interesting that you have someone in a way 697 00:35:56,200 --> 00:35:59,799 Speaker 4: taking away the leverage that a Republican donors is under 698 00:36:00,280 --> 00:36:02,560 Speaker 4: their argument that Democrats need to get to the table 699 00:36:03,120 --> 00:36:06,319 Speaker 4: to negotiate so the troops can get paid. Obviously, there's 700 00:36:06,400 --> 00:36:09,040 Speaker 4: questions over whether the one hundred and thirty million is 701 00:36:09,200 --> 00:36:11,000 Speaker 4: enough to really, yeah, make a difference. 702 00:36:11,040 --> 00:36:13,640 Speaker 2: Apparently that would be like one hundred dollars to each 703 00:36:13,880 --> 00:36:14,480 Speaker 2: service member. 704 00:36:14,600 --> 00:36:15,759 Speaker 5: That's what the time you do it. 705 00:36:16,040 --> 00:36:19,680 Speaker 2: It is one of the weird this is it's weird 706 00:36:19,719 --> 00:36:22,279 Speaker 2: and troubling, and it's worth thinking about the principle of it, 707 00:36:22,640 --> 00:36:25,640 Speaker 2: even though it's not nearly sufficient to even come close 708 00:36:25,680 --> 00:36:29,239 Speaker 2: to actually paying the entire military. What now we've got 709 00:36:29,239 --> 00:36:32,719 Speaker 2: like random private oligarchs funding the military. Is this really 710 00:36:32,719 --> 00:36:34,359 Speaker 2: the direction we want to go in at a time 711 00:36:34,400 --> 00:36:37,000 Speaker 2: when Trump is increasingly using the military as like his 712 00:36:37,120 --> 00:36:41,160 Speaker 2: own personal force against whatever people in cities and causes 713 00:36:41,160 --> 00:36:44,520 Speaker 2: that he doesn't particularly like. So the principle of it 714 00:36:44,600 --> 00:36:51,160 Speaker 2: is disturbing. Potentially illegal by the way, you know, unclear, 715 00:36:51,239 --> 00:36:53,320 Speaker 2: completely legally, but potentially illegal. 716 00:36:53,640 --> 00:36:55,320 Speaker 3: So it's like, what is this guy. 717 00:36:55,200 --> 00:36:58,920 Speaker 2: Doing when you're not even coming close to solving the problem. 718 00:36:59,080 --> 00:37:00,719 Speaker 3: I don't know, it's. 719 00:37:00,200 --> 00:37:03,520 Speaker 2: To me, the whole thing is very strange and troubling 720 00:37:03,760 --> 00:37:07,440 Speaker 2: in you know, a way that often Trump Trump regime 721 00:37:07,480 --> 00:37:08,240 Speaker 2: actions are. 722 00:37:08,600 --> 00:37:11,440 Speaker 4: Well, let's put this before on the screen. You can 723 00:37:11,520 --> 00:37:15,839 Speaker 4: see already for federal workers. There are some lines outside 724 00:37:16,000 --> 00:37:18,840 Speaker 4: of food pantry. So this load federal workers. 725 00:37:19,120 --> 00:37:21,920 Speaker 2: This is Landover, Maryland, which is you know, just outside 726 00:37:22,000 --> 00:37:25,400 Speaker 2: the Beltway here in the Beltway area here. And so 727 00:37:26,040 --> 00:37:29,080 Speaker 2: I saw some restaurants around town. I was walking around 728 00:37:29,120 --> 00:37:32,160 Speaker 2: DC last night, who had, you know, fifty percent off 729 00:37:32,160 --> 00:37:35,120 Speaker 2: for federal workers. You know, this thing is really starting 730 00:37:35,160 --> 00:37:38,959 Speaker 2: to to bite. It's people are really starting to feel 731 00:37:38,960 --> 00:37:42,520 Speaker 2: the pain. You know, paychecks are starting to be missed. Obviously, 732 00:37:42,560 --> 00:37:44,759 Speaker 2: workers are for a load you're going to have even 733 00:37:44,800 --> 00:37:47,239 Speaker 2: more workers for a load after the end of the month. 734 00:37:47,800 --> 00:37:50,960 Speaker 2: As best said, there, you know, come November fifteenth, troops 735 00:37:50,960 --> 00:37:53,719 Speaker 2: are no longer going to be paid. Doesn't look like 736 00:37:53,800 --> 00:37:56,080 Speaker 2: they've been sort of like moving different pots of money 737 00:37:56,160 --> 00:37:58,960 Speaker 2: around again in a way that's not really entirely clear 738 00:37:59,000 --> 00:38:01,959 Speaker 2: as legal, but they're moving different pats of money around 739 00:38:02,000 --> 00:38:04,120 Speaker 2: to try to make sure the troops are paid. A 740 00:38:04,120 --> 00:38:06,640 Speaker 2: lot of times, what happens in these shutdowns is that 741 00:38:06,960 --> 00:38:10,239 Speaker 2: Congress will pass a separate bill saying just like, okay, well, 742 00:38:10,239 --> 00:38:11,879 Speaker 2: we are going to pay the troops no matter how 743 00:38:11,920 --> 00:38:14,799 Speaker 2: long this thing goes. But they have not done that, 744 00:38:15,160 --> 00:38:18,040 Speaker 2: so they're really in the same camp as basically everyone 745 00:38:18,080 --> 00:38:19,640 Speaker 2: else as this thing stretches out. 746 00:38:19,840 --> 00:38:23,480 Speaker 4: Median average saving for an American is six hundred dollars. 747 00:38:24,000 --> 00:38:26,320 Speaker 4: And so you know, it's true that a lot of 748 00:38:26,360 --> 00:38:28,719 Speaker 4: these workers end up getting back pay, but that's not 749 00:38:28,760 --> 00:38:31,799 Speaker 4: helpful if your paycheck to paycheck or even a little 750 00:38:31,800 --> 00:38:34,040 Speaker 4: bit more comfortable than paycheck to paycheck. Because we are 751 00:38:34,080 --> 00:38:36,279 Speaker 4: now going into what could end up being one of 752 00:38:36,280 --> 00:38:38,719 Speaker 4: the longest government actually it might end up being the 753 00:38:38,760 --> 00:38:41,960 Speaker 4: longest government shutdown in history, because there is no end 754 00:38:42,000 --> 00:38:42,399 Speaker 4: in sight. 755 00:38:42,640 --> 00:38:43,239 Speaker 5: Whatsoever. 756 00:38:43,600 --> 00:38:49,200 Speaker 4: Yeah, and Jake Sherman loath as I am to invoke 757 00:38:49,280 --> 00:38:51,520 Speaker 4: any of his wisdom here of punch bawle. He says, 758 00:38:51,840 --> 00:38:54,120 Speaker 4: the flaw in this is Democrats have sold their base 759 00:38:54,160 --> 00:38:55,919 Speaker 4: in membership that they aren't trying to make a point, 760 00:38:55,960 --> 00:38:58,920 Speaker 4: they're trying to enact change. That's actually kind of an 761 00:38:58,920 --> 00:39:02,719 Speaker 4: interesting way to put it, because the leverage that Democrats have, 762 00:39:04,040 --> 00:39:06,680 Speaker 4: not the leverage, but the sort of the reason that 763 00:39:06,760 --> 00:39:10,360 Speaker 4: Democrats did the shutdown was to show the base that 764 00:39:10,400 --> 00:39:13,759 Speaker 4: they're fighting. And so what have they gotten at this point? 765 00:39:13,800 --> 00:39:15,799 Speaker 4: What can they get at this point out of it? 766 00:39:15,840 --> 00:39:20,160 Speaker 4: They make it Republicans to negotiate on premiums as possible, 767 00:39:20,239 --> 00:39:22,440 Speaker 4: on something for that, but nobody's even talking right now. 768 00:39:22,600 --> 00:39:24,960 Speaker 2: Yeah, No, it's I mean, there's really at this point 769 00:39:25,080 --> 00:39:27,120 Speaker 2: is no end insight. We did get that report last 770 00:39:27,160 --> 00:39:29,960 Speaker 2: week that we talked about that maybe Republicans were open 771 00:39:30,040 --> 00:39:33,400 Speaker 2: to something on the ACA subsidies. You know, I do 772 00:39:33,440 --> 00:39:35,640 Speaker 2: think Democrats would take if they could get any kind 773 00:39:35,680 --> 00:39:37,480 Speaker 2: of a win. I think they would probably take it. 774 00:39:37,760 --> 00:39:39,880 Speaker 2: You know, Schumer and co. Were really forced into this 775 00:39:39,920 --> 00:39:42,360 Speaker 2: by the base. It was not the politics they wanted 776 00:39:42,400 --> 00:39:45,640 Speaker 2: to pursue, and their persistence in it too, is really 777 00:39:45,760 --> 00:39:47,920 Speaker 2: forced on them by the base, which is really interesting. 778 00:39:48,000 --> 00:39:49,399 Speaker 2: I mean think there's kind of a tie in here 779 00:39:49,440 --> 00:39:51,239 Speaker 2: with some of the Zoron clip that will show of 780 00:39:51,320 --> 00:39:54,239 Speaker 2: Kathy Hochel and the crowd channing at her like tax 781 00:39:54,320 --> 00:39:58,359 Speaker 2: the rich. You have now leadership and establishment Democrats really 782 00:39:58,400 --> 00:40:01,799 Speaker 2: feeling the pressure from just an normally liberal base that 783 00:40:02,080 --> 00:40:05,600 Speaker 2: is increasingly disgusted with them and wants a more hardline 784 00:40:05,600 --> 00:40:08,480 Speaker 2: and more radical direction for the party. And so the 785 00:40:08,480 --> 00:40:10,400 Speaker 2: fact that Democrats, you know, I mean Sager and I 786 00:40:10,440 --> 00:40:11,320 Speaker 2: both early on were. 787 00:40:11,160 --> 00:40:12,719 Speaker 3: Like, yeah, they're probably going to fold, because that's just 788 00:40:12,800 --> 00:40:13,319 Speaker 3: what they do. 789 00:40:13,840 --> 00:40:15,800 Speaker 2: The reason we were wrong is because they are feeling 790 00:40:15,880 --> 00:40:19,600 Speaker 2: much more pressure from their own voters than we expected. 791 00:40:20,000 --> 00:40:23,160 Speaker 2: And you know, I think the Trump administration has taken 792 00:40:23,320 --> 00:40:26,600 Speaker 2: a lot of the staying out of the you know, 793 00:40:26,680 --> 00:40:29,799 Speaker 2: the mass destruction of the federalgarment workforce. They've been doing 794 00:40:29,840 --> 00:40:32,080 Speaker 2: that all along. So when you're like, oh, we're going 795 00:40:32,160 --> 00:40:34,120 Speaker 2: to hurt them more, it's like, well, you were already 796 00:40:34,120 --> 00:40:38,200 Speaker 2: doing that anyway. And when I think they've also been 797 00:40:38,200 --> 00:40:40,080 Speaker 2: buoyed by a lot of polls that show the public 798 00:40:40,120 --> 00:40:44,000 Speaker 2: are predominantly blaming Republicans, and it makes sense because they 799 00:40:44,040 --> 00:40:46,080 Speaker 2: are in control of everything. So people just look at 800 00:40:46,080 --> 00:40:47,520 Speaker 2: this and they're like, you guys run the show, so 801 00:40:47,640 --> 00:40:48,240 Speaker 2: get it together. 802 00:40:48,280 --> 00:40:49,239 Speaker 3: You got to negotiate with. 803 00:40:49,200 --> 00:40:53,239 Speaker 2: Them, figure something out, and so they feel like Republicans 804 00:40:53,280 --> 00:40:55,560 Speaker 2: are taking on water would think this thing as well, 805 00:40:55,600 --> 00:40:57,839 Speaker 2: which I think has strengthened some backbones. 806 00:40:58,400 --> 00:40:59,879 Speaker 3: Another test, though, is going to come. 807 00:41:00,000 --> 00:41:02,799 Speaker 2: I mean, this is really honestly, really terrible and really 808 00:41:02,840 --> 00:41:04,760 Speaker 2: die or it could put B five up on the screen. 809 00:41:06,040 --> 00:41:09,080 Speaker 2: Food stamp benefits SNAP benefits are going to run out 810 00:41:09,400 --> 00:41:11,359 Speaker 2: at the end of this month. You know, you've got 811 00:41:11,400 --> 00:41:16,759 Speaker 2: tens of millions of Americans who rely on SNAP benefits. Originally, 812 00:41:17,120 --> 00:41:19,759 Speaker 2: it had looked like the administration was going to use 813 00:41:19,800 --> 00:41:22,960 Speaker 2: some emergency funds to keep those benefits flowing. Now the 814 00:41:23,080 --> 00:41:25,839 Speaker 2: USDA is saying, nope, we're not going to do that. So, 815 00:41:25,960 --> 00:41:28,879 Speaker 2: you know, heading into November, heading into the month of Thanksgiving, 816 00:41:29,280 --> 00:41:32,840 Speaker 2: with the potential loss of those benefits, you've got Americans 817 00:41:32,880 --> 00:41:35,960 Speaker 2: who are going to go hungry if something is not 818 00:41:36,080 --> 00:41:38,760 Speaker 2: done to extend this funding or to get the government 819 00:41:38,760 --> 00:41:39,520 Speaker 2: fully back open. 820 00:41:39,760 --> 00:41:41,120 Speaker 5: And I'm just thinking about this now. 821 00:41:41,200 --> 00:41:46,040 Speaker 4: One of the sort of designs behind Doge is that 822 00:41:46,120 --> 00:41:48,919 Speaker 4: you kind of can do things right, like Republicans are like, hey, 823 00:41:48,920 --> 00:41:53,120 Speaker 4: you can do things. And so I'm wondering if the 824 00:41:53,239 --> 00:41:58,839 Speaker 4: USDA snap funds run out, if that becomes a sort 825 00:41:58,840 --> 00:42:02,040 Speaker 4: of predicate for some type of permanent reduction. I don't know, 826 00:42:02,640 --> 00:42:06,160 Speaker 4: but there may be legal avenues that a RUSS vote 827 00:42:06,360 --> 00:42:09,839 Speaker 4: or someone else the administration tries to pursue to make 828 00:42:09,840 --> 00:42:11,840 Speaker 4: permanent cuts, like they are with their trying to do 829 00:42:11,880 --> 00:42:14,120 Speaker 4: with federal workers. So I'm not sure about that, but 830 00:42:14,160 --> 00:42:16,160 Speaker 4: I do wonder if that's part of this. We can 831 00:42:16,200 --> 00:42:18,439 Speaker 4: put the next element on the screen. How Democrats are 832 00:42:18,440 --> 00:42:23,359 Speaker 4: calling back their members to DC. According to punch Bowl 833 00:42:23,440 --> 00:42:27,720 Speaker 4: Laura Weiss, they're holding in person caucus meetings tomorrow so Tuesday, 834 00:42:27,800 --> 00:42:31,640 Speaker 4: and events on Wednesday. It's possible we see an end 835 00:42:31,680 --> 00:42:35,720 Speaker 4: to this by the I mean it's possible by the weekend. 836 00:42:36,320 --> 00:42:38,960 Speaker 4: I don't know that anybody is particularly optimistic, though, if 837 00:42:38,960 --> 00:42:40,960 Speaker 4: we put the next element up on the screen. Over 838 00:42:41,000 --> 00:42:44,239 Speaker 4: the weekend, there was a ground stop at Lax. 839 00:42:45,280 --> 00:42:48,800 Speaker 5: It disrupted flights from Lax to airport. 840 00:42:49,160 --> 00:42:54,279 Speaker 4: Yeah, and so yeah, the longer this goes on with 841 00:42:54,440 --> 00:42:59,360 Speaker 4: people blaming Republicans' I think that's probably stable. Those numbers 842 00:42:59,400 --> 00:43:02,000 Speaker 4: of America blaming Republicans. I would probably put some of 843 00:43:02,000 --> 00:43:04,080 Speaker 4: the blame on the media for that. I think it's 844 00:43:04,320 --> 00:43:06,600 Speaker 4: a contrast and how the media is covered it. When 845 00:43:06,640 --> 00:43:10,120 Speaker 4: Republicans literally were the ones withholding their votes. That doesn't 846 00:43:10,160 --> 00:43:12,319 Speaker 4: mean there's no blame to go around. There's definitely blame 847 00:43:12,360 --> 00:43:16,239 Speaker 4: to go around in this government shutdown. But maybe that's 848 00:43:16,280 --> 00:43:20,319 Speaker 4: weighing on Democrats' minds that they're sort of technically, if 849 00:43:20,360 --> 00:43:23,600 Speaker 4: the public is blaming Republicans, they have an upper hand 850 00:43:23,760 --> 00:43:27,480 Speaker 4: of some sort when they go to negotiation presumably this week. 851 00:43:27,560 --> 00:43:30,640 Speaker 4: But the positions are hardened when you look at Republican leadership. 852 00:43:30,640 --> 00:43:33,319 Speaker 4: They really are not projecting that they're willing to come 853 00:43:33,320 --> 00:43:36,200 Speaker 4: to the table on premiums in the ACA subsidies. 854 00:43:36,239 --> 00:43:38,080 Speaker 5: So we'll see, yeah, we will. 855 00:43:38,239 --> 00:43:41,640 Speaker 2: And you know, I think there's also concern you were 856 00:43:41,640 --> 00:43:45,600 Speaker 2: saying that vote might use the you know, the funding 857 00:43:45,640 --> 00:43:49,720 Speaker 2: shortage on food stamps to make some sort of permanent cuts, 858 00:43:49,760 --> 00:43:52,040 Speaker 2: even though again it should be illegal, that should be 859 00:43:52,040 --> 00:43:54,000 Speaker 2: something that has to go through Congress, but you know, 860 00:43:54,080 --> 00:43:59,040 Speaker 2: whatever laws don't exist anymore. Apparently, there's also concern that 861 00:43:59,080 --> 00:44:02,200 Speaker 2: those federal workers actually who you know, some of them 862 00:44:02,200 --> 00:44:03,319 Speaker 2: are working for free right now. 863 00:44:03,320 --> 00:44:05,600 Speaker 3: By the way, don't get back pay a lot. 864 00:44:06,040 --> 00:44:08,200 Speaker 2: Because he put on a memo saying we're probably not 865 00:44:08,239 --> 00:44:10,879 Speaker 2: going to pay Actually, and again, there is a law 866 00:44:10,920 --> 00:44:13,840 Speaker 2: that was passed that mandates during a shutdown, federal government 867 00:44:13,880 --> 00:44:17,279 Speaker 2: workers will get their back pay. But this administration just 868 00:44:17,320 --> 00:44:19,400 Speaker 2: does whatever the hell they want. So I don't think 869 00:44:19,400 --> 00:44:23,000 Speaker 2: that federal government workers feel particularly secure that they're ever 870 00:44:23,080 --> 00:44:26,240 Speaker 2: going to see the paychecks that they're missing right now. 871 00:44:26,719 --> 00:44:28,279 Speaker 2: You know, this is the guy who said that he 872 00:44:28,320 --> 00:44:29,680 Speaker 2: wants to cause them what he say, he wants to 873 00:44:29,680 --> 00:44:32,040 Speaker 2: cause them trauma or something like that. Yeah, So, I 874 00:44:32,080 --> 00:44:34,160 Speaker 2: mean that is part of his goal, that's his m 875 00:44:34,400 --> 00:44:38,399 Speaker 2: he's true ideologue in this regard. And so I don't 876 00:44:38,400 --> 00:44:42,480 Speaker 2: think anyone should be surprised that he, in particular would 877 00:44:42,520 --> 00:44:44,799 Speaker 2: who is one of the more powerful members of the administration, 878 00:44:44,920 --> 00:44:47,680 Speaker 2: certainly one of the more you know, ideological architects of 879 00:44:47,719 --> 00:44:50,600 Speaker 2: the direction of this administration, that he would use this 880 00:44:50,640 --> 00:44:53,960 Speaker 2: as an excuse to create more pain and suffering among 881 00:44:54,320 --> 00:44:57,720 Speaker 2: the federal government workforce and to shrink the federal government 882 00:44:57,800 --> 00:45:00,360 Speaker 2: more than they've been able to successfully do. 883 00:45:00,360 --> 00:45:02,960 Speaker 3: Doge and already they ran into you know, a doge. 884 00:45:03,000 --> 00:45:04,799 Speaker 2: They ran into things where they'd fire a bunch of 885 00:45:04,800 --> 00:45:06,640 Speaker 2: people from the CDC or whatever and be like, oh, 886 00:45:06,680 --> 00:45:08,120 Speaker 2: you know what, actually we do want to track at 887 00:45:08,120 --> 00:45:11,279 Speaker 2: Bola it turns out, or you know, they fire a 888 00:45:11,280 --> 00:45:12,960 Speaker 2: bunch of people from that vein and be oh, you know, 889 00:45:13,000 --> 00:45:15,239 Speaker 2: with this whole like error plane scrashing to each other, 890 00:45:15,400 --> 00:45:17,399 Speaker 2: situation is not really great. Let's bring some of those 891 00:45:17,400 --> 00:45:20,200 Speaker 2: people back. They've already had to do some of that. 892 00:45:20,880 --> 00:45:22,480 Speaker 2: You know, we had the situation in Texas with the 893 00:45:22,480 --> 00:45:24,480 Speaker 2: floods and a lot of questions over whether or not 894 00:45:24,760 --> 00:45:26,760 Speaker 2: some of the cuts that have been made to relevant 895 00:45:26,800 --> 00:45:30,560 Speaker 2: agencies there impacted the ability to respond to those absolutely 896 00:45:30,560 --> 00:45:34,440 Speaker 2: devastating floods. So they've already run into like hitting the 897 00:45:34,480 --> 00:45:36,960 Speaker 2: bone in some of the cuts that they've made. But 898 00:45:37,440 --> 00:45:40,200 Speaker 2: there's no sign that individuals like him in particular are 899 00:45:40,239 --> 00:45:41,279 Speaker 2: interested in slowing down. 900 00:45:41,680 --> 00:45:44,400 Speaker 4: Well. And also, listen, I'm someone who thinks Snap needs 901 00:45:44,520 --> 00:45:47,600 Speaker 4: significant reforms and somebody who thinks Obamacare needs significant reforms. 902 00:45:47,600 --> 00:45:49,480 Speaker 4: And Stoler has a good post on that over at 903 00:45:49,480 --> 00:45:50,200 Speaker 4: Big This Morning. 904 00:45:50,280 --> 00:45:51,239 Speaker 3: Yeah frustrating that too. 905 00:45:51,320 --> 00:45:52,359 Speaker 5: Yeah, it's super good. 906 00:45:52,400 --> 00:45:56,399 Speaker 4: But the there's a lot of tramp voters who are 907 00:45:56,520 --> 00:46:00,560 Speaker 4: on snaff So that's another As Democrats people turn to 908 00:46:00,680 --> 00:46:03,439 Speaker 4: Washington this week, that's another thing, that's another big piece 909 00:46:03,440 --> 00:46:06,520 Speaker 4: of leverage. It's another arrow in their quiver as they 910 00:46:06,600 --> 00:46:09,080 Speaker 4: try to bring Republicans to the table on something. In 911 00:46:09,080 --> 00:46:11,560 Speaker 4: addition to the subsidies, which Marjorie Taylor Green has been 912 00:46:11,600 --> 00:46:15,520 Speaker 4: outspoken about the Obamacare subsidies. Snap is that I mean, 913 00:46:15,560 --> 00:46:18,200 Speaker 4: if you have most of the country blaming Republicans for 914 00:46:18,239 --> 00:46:22,360 Speaker 4: the shutdown, and then you have troops going unpaid lines 915 00:46:22,360 --> 00:46:28,360 Speaker 4: at food pantries, snap benefits lapsing, and like potentially increases 916 00:46:28,360 --> 00:46:32,239 Speaker 4: in premiums, that's starting to look pretty dire for Republicans 917 00:46:32,239 --> 00:46:34,840 Speaker 4: if they don't come to the table. It's again, I 918 00:46:34,880 --> 00:46:37,239 Speaker 4: think it's a different situation than another shutdowns. Democrats are 919 00:46:37,280 --> 00:46:41,000 Speaker 4: the ones technically withholding the votes, but Republicans, if they're 920 00:46:41,040 --> 00:46:43,320 Speaker 4: taking the blame with the public, it's a that's a 921 00:46:43,400 --> 00:46:46,520 Speaker 4: recipe for a political disaster heading into a midterm year. 922 00:46:46,560 --> 00:46:48,759 Speaker 4: I don't think people vote on shutdowns, you know, a 923 00:46:48,840 --> 00:46:50,680 Speaker 4: year from now, I'm not sure that'll be in the 924 00:46:50,719 --> 00:46:53,759 Speaker 4: front of anybody's mind. But obviously it's one of those 925 00:46:53,760 --> 00:46:56,919 Speaker 4: moments that can make you feel whether this party cares 926 00:46:56,960 --> 00:46:59,360 Speaker 4: about you or not, this the MAGA movement, whether it 927 00:46:59,480 --> 00:47:02,560 Speaker 4: really true has your best interest at hand. That's something 928 00:47:02,640 --> 00:47:04,280 Speaker 4: that can kind of sink into people's psyche. 929 00:47:04,440 --> 00:47:06,279 Speaker 2: They may not vote on the shutdown, but they may 930 00:47:06,320 --> 00:47:08,480 Speaker 2: well vote on, Hey, my premiums just went up one 931 00:47:08,520 --> 00:47:12,040 Speaker 2: hundred percent, you know. And that's to your point about 932 00:47:12,440 --> 00:47:16,320 Speaker 2: this really disproportioning hitting the MAGA base. Seventy three percent 933 00:47:16,400 --> 00:47:20,319 Speaker 2: of those subsidies go to Red states because it's it's 934 00:47:20,400 --> 00:47:24,400 Speaker 2: overwhelmingly the states that didn't expand Medicaid. That's where these 935 00:47:24,440 --> 00:47:26,640 Speaker 2: subsidies are really filling the gap, and those are all 936 00:47:26,680 --> 00:47:29,080 Speaker 2: red states. The poor states in the country are all 937 00:47:29,280 --> 00:47:31,719 Speaker 2: Red states, so you'll have a disproportionate number of the 938 00:47:31,719 --> 00:47:35,319 Speaker 2: stat benefits going to those states as well. So, yeah, 939 00:47:35,400 --> 00:47:38,360 Speaker 2: you're you're talking about a lot of pain, specifically for 940 00:47:38,560 --> 00:47:41,440 Speaker 2: oftentimes Republican voters and oftentimes some of the most you know, 941 00:47:41,480 --> 00:47:43,680 Speaker 2: diehard supporters of Trump himself. 942 00:47:44,600 --> 00:47:46,600 Speaker 4: I mean, yeah, it's one of those It could potentially 943 00:47:46,640 --> 00:47:48,960 Speaker 4: be one of those moments actually, sort of like the Epstein, 944 00:47:49,760 --> 00:47:52,880 Speaker 4: particularly when when Pambondi said we're closing the case basically 945 00:47:52,920 --> 00:47:54,960 Speaker 4: like wipe our hands were done. It's one of those 946 00:47:55,040 --> 00:47:58,560 Speaker 4: moments that can make people who who thought, you know, 947 00:47:58,560 --> 00:48:00,759 Speaker 4: as Donald Trump was campaigning saying everybody is going to 948 00:48:00,800 --> 00:48:03,439 Speaker 4: have healthcare, you know, I think at the Madison Square 949 00:48:03,480 --> 00:48:05,360 Speaker 4: Garden rally, he said he was going to cut energy 950 00:48:05,360 --> 00:48:09,520 Speaker 4: prices in half and inflation was going to significantly decrease. 951 00:48:09,800 --> 00:48:11,920 Speaker 4: And that's why he's so concerned about the beef, as 952 00:48:11,960 --> 00:48:14,760 Speaker 4: we talked about earlier in the show, because beef prices 953 00:48:14,760 --> 00:48:17,040 Speaker 4: are the things that are going high, and he knows 954 00:48:16,840 --> 00:48:19,480 Speaker 4: he's shrewd enough politically to know that that really matters 955 00:48:19,480 --> 00:48:21,799 Speaker 4: to voters, because he talked about it on the campaign trail. 956 00:48:22,080 --> 00:48:24,760 Speaker 4: So it could potentially be one of those moments where 957 00:48:25,160 --> 00:48:28,920 Speaker 4: the working class section of the magabase starts to question 958 00:48:29,520 --> 00:48:31,960 Speaker 4: whether or not MAGA really does care about them. You 959 00:48:32,000 --> 00:48:35,000 Speaker 4: could see that happening and Epstein was a big moment 960 00:48:35,080 --> 00:48:37,719 Speaker 4: where they said, is this. 961 00:48:37,680 --> 00:48:40,480 Speaker 5: Really about what we thought it was about? Does he 962 00:48:40,680 --> 00:48:42,600 Speaker 5: really care like he said he did? 963 00:48:43,280 --> 00:48:46,160 Speaker 4: And you know that not everybody in who voted for 964 00:48:46,200 --> 00:48:49,479 Speaker 4: Trump loves Trump, but there's a level of he told 965 00:48:49,480 --> 00:48:51,360 Speaker 4: you everybody else, he was right to tell you everybody 966 00:48:51,400 --> 00:48:52,000 Speaker 4: else was wrong. 967 00:48:52,880 --> 00:48:54,560 Speaker 5: Does that mean that he's right, that. 968 00:48:54,520 --> 00:48:57,680 Speaker 2: He's right right, yeah, and that's really making things better exactly. Well, 969 00:48:57,760 --> 00:49:00,760 Speaker 2: I will say I think Epstein landed much more clearly, 970 00:49:00,800 --> 00:49:03,560 Speaker 2: squarely at his feet, because it's like cash, it's his 971 00:49:03,719 --> 00:49:06,480 Speaker 2: people right right. With this, I could see a lot 972 00:49:06,480 --> 00:49:10,080 Speaker 2: of people blaming. I mean, the thing in the Trump 973 00:49:10,280 --> 00:49:13,920 Speaker 2: era that we've seen is similar to how Obama had 974 00:49:13,920 --> 00:49:18,560 Speaker 2: this particular hold you on a certain population. Trump has 975 00:49:18,560 --> 00:49:21,040 Speaker 2: a certain hold and it doesn't translate to the rest 976 00:49:21,040 --> 00:49:21,960 Speaker 2: of the Republican Party. 977 00:49:22,000 --> 00:49:22,920 Speaker 3: You know, the midterms. 978 00:49:22,719 --> 00:49:26,680 Speaker 2: He hasn't done well in midterms in particular, and so 979 00:49:27,000 --> 00:49:28,799 Speaker 2: the other thing is maybe. 980 00:49:28,520 --> 00:49:29,399 Speaker 3: People still are low. 981 00:49:29,400 --> 00:49:31,919 Speaker 2: It's not Trump's fault, this Congress can't get their act 982 00:49:31,920 --> 00:49:35,400 Speaker 2: together or whatever. But that doesn't exactly make them excited 983 00:49:35,440 --> 00:49:38,600 Speaker 2: to come out and vote for Republicans in midterm elections upcoming. 984 00:49:38,680 --> 00:49:41,399 Speaker 4: Well, it doesn't also necessarily give you the faith in 985 00:49:41,560 --> 00:49:44,960 Speaker 4: a mega candidate that you might have otherwise. Right, they're saying, 986 00:49:45,000 --> 00:49:47,000 Speaker 4: you know, because there was the working class at this 987 00:49:47,040 --> 00:49:49,080 Speaker 4: idea that the Republicans worked for them for a long time. 988 00:49:49,239 --> 00:49:51,520 Speaker 5: And you know, we've all talked about why that might be. 989 00:49:51,719 --> 00:49:55,719 Speaker 4: But that's always been a problem for Republicans. And it's 990 00:49:55,760 --> 00:49:57,799 Speaker 4: especially a problem if you've already traded a lot of 991 00:49:57,840 --> 00:50:01,319 Speaker 4: suburban voters for more working class voters, especially in the 992 00:50:01,360 --> 00:50:05,040 Speaker 4: Roust belt place like Wisconsin, Pennsylvania, Ohio. So does the 993 00:50:05,120 --> 00:50:08,759 Speaker 4: MAGA candidate lose some credibility if there's still you know, 994 00:50:08,760 --> 00:50:13,360 Speaker 4: your typical Republican and they're like Brooks Brothers suit but 995 00:50:13,400 --> 00:50:17,080 Speaker 4: they claim to be maga. The trust gap is significant 996 00:50:17,239 --> 00:50:20,759 Speaker 4: when voters who vote for Donald Trump A have to 997 00:50:21,040 --> 00:50:21,759 Speaker 4: go vote for you? 998 00:50:21,920 --> 00:50:23,440 Speaker 5: Do they even vote? Let alone? 999 00:50:23,480 --> 00:50:25,600 Speaker 4: If they do vote, do they vote for you when 1000 00:50:25,920 --> 00:50:28,440 Speaker 4: they see their snap benefits lapsing and their premium is 1001 00:50:28,440 --> 00:50:29,480 Speaker 4: about to explode. 1002 00:50:29,719 --> 00:50:32,919 Speaker 2: Yeah, it feels like a lot of like twenty ten 1003 00:50:33,040 --> 00:50:37,399 Speaker 2: level kind of like disillusionment is what I've Potentially we'll 1004 00:50:37,400 --> 00:50:38,040 Speaker 2: see interesting. 1005 00:50:38,120 --> 00:50:41,200 Speaker 4: Yeah, you should interview somebody who maybe ran for Congress 1006 00:50:41,200 --> 00:50:41,759 Speaker 4: in twenty ten. 1007 00:50:42,360 --> 00:50:45,160 Speaker 3: I think I have an en see what we could do. 1008 00:50:45,520 --> 00:50:47,000 Speaker 4: I actually always love it when you talk about it 1009 00:50:47,040 --> 00:50:49,160 Speaker 4: because it was such an important year and there's so 1010 00:50:49,160 --> 00:50:53,040 Speaker 4: many different trends that came to like blossom six years later. 1011 00:50:53,200 --> 00:50:55,279 Speaker 2: Yeah, I had a front rosie because I went to 1012 00:50:55,360 --> 00:50:58,360 Speaker 2: every I went to so many tea party meetings because 1013 00:50:58,360 --> 00:51:00,600 Speaker 2: my policy was, like anyone in the strict invites me 1014 00:51:00,680 --> 00:51:02,680 Speaker 2: to come talk, I will come talk to you. So 1015 00:51:02,760 --> 00:51:04,879 Speaker 2: I got berated by a lot of angry people who 1016 00:51:04,920 --> 00:51:07,040 Speaker 2: thought that I was ushering in sodom and gomorrah. 1017 00:51:08,120 --> 00:51:12,200 Speaker 4: To be fair, to be fair, you were here, we 1018 00:51:12,239 --> 00:51:14,560 Speaker 4: are here, we are Have you heard wop? 1019 00:51:14,680 --> 00:51:16,040 Speaker 5: I blame it. I blame you for that. 1020 00:51:16,880 --> 00:51:20,080 Speaker 2: I blame you for you should do your Ben Shapiro 1021 00:51:20,239 --> 00:51:22,759 Speaker 2: esque rendition, your own rendition of four. 1022 00:51:27,200 --> 00:51:28,280 Speaker 3: All right, moving along. 1023 00:51:28,120 --> 00:51:30,799 Speaker 4: Speaking of Ben Shapiro, let's move on to Candas there 1024 00:51:30,840 --> 00:51:31,160 Speaker 4: we go. 1025 00:51:31,800 --> 00:51:35,080 Speaker 2: Candice has some very interesting thoughts about some of the 1026 00:51:35,160 --> 00:51:39,560 Speaker 2: tech oligarchs who are, like, you know, completely taking all 1027 00:51:39,600 --> 00:51:42,480 Speaker 2: of our fates into their hands with no input from 1028 00:51:42,600 --> 00:51:46,080 Speaker 2: us whatsoever. So glad to see that she's focusing her 1029 00:51:46,560 --> 00:51:47,719 Speaker 2: mental energy on them. 1030 00:51:47,760 --> 00:51:49,600 Speaker 3: Her take is very interesting, though. Let's take a lism. 1031 00:51:49,840 --> 00:51:51,560 Speaker 13: I don't even think people are human, Like I look 1032 00:51:51,640 --> 00:51:55,480 Speaker 13: at Emon Mosku and Sam Altman and Peter Teel, and 1033 00:51:55,520 --> 00:51:57,719 Speaker 13: I'm pretty sure they're hybrid, you know what I mean, 1034 00:51:58,080 --> 00:52:01,080 Speaker 13: Like they just look like a Apple software that I 1035 00:52:01,120 --> 00:52:03,480 Speaker 13: should be able to download at night, you know, like 1036 00:52:03,600 --> 00:52:05,160 Speaker 13: my phone's getting an update or something. 1037 00:52:05,160 --> 00:52:06,920 Speaker 14: It's something in the eyes, like I don't know. I'm like, 1038 00:52:06,960 --> 00:52:10,200 Speaker 14: I don't know. I don't I don't know if I stabbed. 1039 00:52:09,800 --> 00:52:11,120 Speaker 13: You, if you bleed, you know, I'm not going to 1040 00:52:11,160 --> 00:52:13,960 Speaker 13: stab them, But I don't know. If they bleed all 1041 00:52:14,040 --> 00:52:16,080 Speaker 13: the way, I think a battery would fall out, you 1042 00:52:16,080 --> 00:52:16,520 Speaker 13: know what I mean. 1043 00:52:17,040 --> 00:52:18,680 Speaker 14: And I just get that sense. 1044 00:52:18,719 --> 00:52:21,799 Speaker 13: I've always known it was demonic, and people just get 1045 00:52:21,840 --> 00:52:24,400 Speaker 13: on board because, as we talk about in this book, 1046 00:52:25,160 --> 00:52:29,360 Speaker 13: they are using science and this idea of technology and 1047 00:52:29,360 --> 00:52:33,319 Speaker 13: this idea of transforming society for the better to indoctoring us. 1048 00:52:33,200 --> 00:52:34,240 Speaker 14: Into accepting this. 1049 00:52:34,800 --> 00:52:37,680 Speaker 13: And it's wrong and it's backwards, and they weigh they're 1050 00:52:37,840 --> 00:52:39,040 Speaker 13: the main component of. 1051 00:52:38,920 --> 00:52:40,879 Speaker 14: All of this is psychology, right. 1052 00:52:40,920 --> 00:52:42,920 Speaker 13: They're able to do it because of psychology, making you 1053 00:52:42,960 --> 00:52:45,680 Speaker 13: think that society has gotten better. Our kids have objectively 1054 00:52:45,719 --> 00:52:49,919 Speaker 13: gotten dumber, we've become fatter, we've become less healthy, we've 1055 00:52:49,920 --> 00:52:55,080 Speaker 13: become less emotionally sound, and yet they are convincing us 1056 00:52:55,080 --> 00:52:58,280 Speaker 13: that this is like human humanity is great leap forward. 1057 00:52:58,760 --> 00:53:00,400 Speaker 14: We put a man of the mood. He just like 1058 00:53:00,480 --> 00:53:02,880 Speaker 14: called them up and was like, hey, Press, what's up, 1059 00:53:02,920 --> 00:53:04,759 Speaker 14: I'm up here. Yeah, it's so cool. It's really great, 1060 00:53:04,800 --> 00:53:08,719 Speaker 14: it's nice starry night up here. Caminet text you. 1061 00:53:08,760 --> 00:53:11,799 Speaker 13: I go by in sixty nine and they get these people, 1062 00:53:12,000 --> 00:53:12,640 Speaker 13: they tell you, look. 1063 00:53:12,520 --> 00:53:15,200 Speaker 14: He's a genius. Real, Oh, they're all right away, he's 1064 00:53:15,200 --> 00:53:15,560 Speaker 14: a genius. 1065 00:53:15,560 --> 00:53:17,000 Speaker 13: So we should just accept that you a Muscus is 1066 00:53:17,000 --> 00:53:19,440 Speaker 13: a genius because like all the writers who are obviously 1067 00:53:19,680 --> 00:53:22,200 Speaker 13: in doctrine into the occult, are telling us that this 1068 00:53:22,280 --> 00:53:24,960 Speaker 13: is the next person that we should worship. The establishment 1069 00:53:25,000 --> 00:53:28,120 Speaker 13: of Hollywood, it was all cults. They were all Alistair 1070 00:53:28,160 --> 00:53:31,880 Speaker 13: Crowley proteges who were just raping kids and summoning demons, 1071 00:53:31,880 --> 00:53:34,000 Speaker 13: and demons are real. So at the same time that 1072 00:53:34,080 --> 00:53:37,920 Speaker 13: they're summoning demons, they are making us all believe. 1073 00:53:38,120 --> 00:53:39,239 Speaker 14: That faith is not real. 1074 00:53:39,760 --> 00:53:44,120 Speaker 13: And that has been I think the greatest, the greatest 1075 00:53:44,120 --> 00:53:45,880 Speaker 13: trick that the devil ever. 1076 00:53:45,719 --> 00:53:48,280 Speaker 14: Played, right is making people think they didn't exist. 1077 00:53:48,920 --> 00:53:52,840 Speaker 2: Emily agree and disagree. 1078 00:53:53,160 --> 00:53:56,560 Speaker 5: Uh, she's certainly cooking crystals. She's certainly cooking. 1079 00:53:56,600 --> 00:53:58,799 Speaker 3: She also is cooking. Everyone can agree on that. 1080 00:53:58,920 --> 00:53:59,520 Speaker 5: She was also a. 1081 00:53:59,560 --> 00:54:03,400 Speaker 4: Potentially i mean Trump for her friend Charlie Kirk's assassination. 1082 00:54:04,719 --> 00:54:07,440 Speaker 4: There's a lot of speculation which we do not mean 1083 00:54:07,480 --> 00:54:11,120 Speaker 4: to get into because we're not professional medical professionals that 1084 00:54:11,160 --> 00:54:14,640 Speaker 4: she may be having some type of episode because she 1085 00:54:14,840 --> 00:54:19,560 Speaker 4: is sort of starting to sound like the person who 1086 00:54:19,840 --> 00:54:22,160 Speaker 4: has like a like literal tinfoil on their head on 1087 00:54:22,200 --> 00:54:22,960 Speaker 4: the street corner. 1088 00:54:23,560 --> 00:54:25,799 Speaker 2: Okay, but I mean she has been doing the whole 1089 00:54:25,800 --> 00:54:27,520 Speaker 2: Bridget Macron thing for a while now. 1090 00:54:27,640 --> 00:54:32,399 Speaker 4: Yeah, it's true entirely when you're here, although I will 1091 00:54:32,440 --> 00:54:36,560 Speaker 4: say that I think that particular I imagine people sense 1092 00:54:36,600 --> 00:54:40,920 Speaker 4: it in that particular clip, there's a certain usually you 1093 00:54:40,960 --> 00:54:43,400 Speaker 4: can follow her logic when it's crazy, you know what 1094 00:54:43,440 --> 00:54:46,320 Speaker 4: I mean, You're you're like, this is wild and wacky, 1095 00:54:46,360 --> 00:54:49,800 Speaker 4: but I can sort of follow along. There's a sense 1096 00:54:49,840 --> 00:54:52,160 Speaker 4: of like just listening to her there. I don't know, 1097 00:54:52,360 --> 00:54:53,959 Speaker 4: it seems different to me. It seems like a little 1098 00:54:53,960 --> 00:54:56,920 Speaker 4: bit more, a little bit less rational, like we're just. 1099 00:54:57,200 --> 00:54:58,840 Speaker 3: We're just her logic on this perfectly. 1100 00:54:59,040 --> 00:55:02,640 Speaker 2: Crystal is bull myself, I followed this logic personally perfectly. 1101 00:55:02,719 --> 00:55:08,480 Speaker 2: But I mean, like, let's say it lets humanity off 1102 00:55:08,520 --> 00:55:11,080 Speaker 2: the hook too much to say that these characters are 1103 00:55:11,120 --> 00:55:11,839 Speaker 2: not actually human. 1104 00:55:12,200 --> 00:55:14,040 Speaker 3: That would be a very yeah. 1105 00:55:14,040 --> 00:55:16,800 Speaker 2: I would love to think that these are not fully humans, 1106 00:55:16,800 --> 00:55:19,240 Speaker 2: that these are some sort of weird hybrid alien beings 1107 00:55:19,600 --> 00:55:21,759 Speaker 2: who are you know, and that's why they are doing 1108 00:55:21,840 --> 00:55:25,560 Speaker 2: all of these terrible things. But in reality they are human, 1109 00:55:25,600 --> 00:55:28,879 Speaker 2: and humans are capable of, you know, terrible destruction and 1110 00:55:29,360 --> 00:55:31,480 Speaker 2: you know, and the weird thing is that all three 1111 00:55:31,560 --> 00:55:34,160 Speaker 2: of them, I think, see themselves as like heroes actually, 1112 00:55:34,360 --> 00:55:39,640 Speaker 2: and this is uh, it's it's also who sort of 1113 00:55:39,880 --> 00:55:42,200 Speaker 2: has a somewhat directional truth to it though, because they 1114 00:55:42,239 --> 00:55:47,120 Speaker 2: also are transhumans. They want into the hybrids that she's 1115 00:55:47,160 --> 00:55:51,080 Speaker 2: talking about. They actually do want to go in that direction, 1116 00:55:51,200 --> 00:55:54,600 Speaker 2: the merging of the human and the machine and uh, 1117 00:55:54,640 --> 00:55:57,880 Speaker 2: and are deeply interested, of course, in consolidating all of 1118 00:55:57,880 --> 00:56:00,600 Speaker 2: his power wealth in their own hands at the expense 1119 00:56:00,760 --> 00:56:03,439 Speaker 2: of actual humanity. Which is why when Peter Thiale gets 1120 00:56:03,440 --> 00:56:05,719 Speaker 2: asked you think by ross out that do you think 1121 00:56:05,760 --> 00:56:09,319 Speaker 2: the human race should survive? He has to sputter and 1122 00:56:09,600 --> 00:56:14,239 Speaker 2: stumble and mumble and think before he can answer what 1123 00:56:14,400 --> 00:56:17,000 Speaker 2: should be the easiest question of all time. 1124 00:56:18,000 --> 00:56:19,719 Speaker 4: You know, what actually they're doing is turning all of 1125 00:56:19,840 --> 00:56:22,640 Speaker 4: us into candis OANs like that's actually what's happening is 1126 00:56:22,680 --> 00:56:27,080 Speaker 4: they're turning all of us into people who are driven by. 1127 00:56:26,960 --> 00:56:28,920 Speaker 5: The algorithm into madness. 1128 00:56:29,200 --> 00:56:32,400 Speaker 4: And I think she's a glimpse and producers Mac and 1129 00:56:32,440 --> 00:56:35,000 Speaker 4: Griffin are just saying only crime is being right too 1130 00:56:35,040 --> 00:56:38,839 Speaker 4: early about bandits, and Mac is like Kandas is onto 1131 00:56:38,880 --> 00:56:43,479 Speaker 4: something here, Yeah, because like that's what happens is there's 1132 00:56:43,760 --> 00:56:47,600 Speaker 4: truth to the fact that they want to make us 1133 00:56:47,719 --> 00:56:51,040 Speaker 4: less human. And there's something very human about wanting to 1134 00:56:51,040 --> 00:56:54,759 Speaker 4: make us less human because it's driven by greed and 1135 00:56:55,200 --> 00:56:59,240 Speaker 4: lust for power and utopianism, which has been with us 1136 00:56:59,320 --> 00:57:03,400 Speaker 4: since the human race has existed. And so this drive 1137 00:57:03,440 --> 00:57:07,600 Speaker 4: for transhumanism is deeply human. And actually Candice was getting 1138 00:57:07,600 --> 00:57:09,399 Speaker 4: to that when she was talking about the Devil's best 1139 00:57:09,400 --> 00:57:13,720 Speaker 4: trick is making people think that the devil doesn't exist. 1140 00:57:13,760 --> 00:57:16,200 Speaker 4: Like that's what she was getting at with that point. 1141 00:57:16,560 --> 00:57:20,160 Speaker 4: There's something deeply, deeply human about the pursuit of power 1142 00:57:20,400 --> 00:57:25,160 Speaker 4: and money that tricks people into buying utopian fantasies, and 1143 00:57:25,520 --> 00:57:28,320 Speaker 4: even like the rich and powerful people themselves will be 1144 00:57:28,680 --> 00:57:31,240 Speaker 4: seduced by this idea that there it's not actually about 1145 00:57:31,240 --> 00:57:33,240 Speaker 4: the money, it's not actually about the power. It's about 1146 00:57:33,640 --> 00:57:37,600 Speaker 4: the idea that we're creating a better life, a better world, 1147 00:57:37,840 --> 00:57:40,600 Speaker 4: which I think everybody can see over the last like 1148 00:57:40,640 --> 00:57:45,080 Speaker 4: what twenty year experiment since Peter Teel's technologies and just 1149 00:57:45,120 --> 00:57:47,760 Speaker 4: in the last couple of years of Sam Altman's technologies, 1150 00:57:48,120 --> 00:57:49,800 Speaker 4: and what Elon Musk has done. 1151 00:57:49,760 --> 00:57:53,360 Speaker 5: To acts, which I mean, I just look at it. 1152 00:57:54,640 --> 00:57:56,480 Speaker 5: What that does is it makes us. 1153 00:57:56,560 --> 00:58:00,000 Speaker 4: It turns us all into crazy people because the Algori 1154 00:58:00,080 --> 00:58:04,640 Speaker 4: rhythm has bad incentives, and we communicate, we export all 1155 00:58:04,640 --> 00:58:05,440 Speaker 4: of our communication. 1156 00:58:05,960 --> 00:58:07,360 Speaker 5: This is just a preview of what's to come. 1157 00:58:07,480 --> 00:58:10,760 Speaker 4: We've exported so much of our communication onto platforms that 1158 00:58:11,000 --> 00:58:13,440 Speaker 4: can be the flip of a switch by one person 1159 00:58:13,480 --> 00:58:16,560 Speaker 4: like Elon Musk can change the direction of. 1160 00:58:16,480 --> 00:58:18,880 Speaker 5: The entire political discourse. Yeah, we've seen it. We know 1161 00:58:18,920 --> 00:58:20,240 Speaker 5: that that's what can be done. 1162 00:58:20,320 --> 00:58:24,240 Speaker 4: Yeah, and that controls not just what we say, uh, 1163 00:58:24,440 --> 00:58:27,880 Speaker 4: but it controls the incentive system of what we decide 1164 00:58:28,040 --> 00:58:29,360 Speaker 4: we're going to say. 1165 00:58:29,480 --> 00:58:33,080 Speaker 2: They're colonizing our minds. I mean, that's what they're doing 1166 00:58:33,440 --> 00:58:37,080 Speaker 2: and successfully, by the way. And so I mean that's 1167 00:58:37,160 --> 00:58:40,120 Speaker 2: why listen, as you know, wild is what she said 1168 00:58:40,120 --> 00:58:44,440 Speaker 2: there is. I am glad to see her taking an 1169 00:58:44,440 --> 00:58:48,560 Speaker 2: interest in this subject because, as we've discussed before, like 1170 00:58:48,680 --> 00:58:52,240 Speaker 2: this is this is a dire situation we're facing. Yes, 1171 00:58:52,360 --> 00:58:56,479 Speaker 2: it's dire from a job loss perspective. It's dire from 1172 00:58:56,560 --> 00:58:59,959 Speaker 2: a resources and energy perspective. It's dire from a cost 1173 00:59:00,080 --> 00:59:03,560 Speaker 2: perspective in terms of our electricity bills. It's dire from 1174 00:59:03,600 --> 00:59:06,320 Speaker 2: a controlling our thoughts and minds and being able to 1175 00:59:06,360 --> 00:59:10,560 Speaker 2: tell truth from fiction and I live in reality together perspective. 1176 00:59:11,240 --> 00:59:14,720 Speaker 2: It's potentially dire from like an actual, true existential threat, 1177 00:59:14,760 --> 00:59:16,720 Speaker 2: which I think is a real and genuine risk that 1178 00:59:16,760 --> 00:59:19,400 Speaker 2: I do not put off the table. It's dire from 1179 00:59:19,480 --> 00:59:22,800 Speaker 2: a mass consolidation of wealth and power perspective. Like you 1180 00:59:22,840 --> 00:59:25,040 Speaker 2: want to talk about a democracy crisis, There's no way 1181 00:59:25,080 --> 00:59:28,840 Speaker 2: a democracy survives if you have someone one of these 1182 00:59:28,920 --> 00:59:32,560 Speaker 2: characters able to achieve AGI and all of the incredible 1183 00:59:32,600 --> 00:59:35,880 Speaker 2: economic power, power and benefits that come along with that. 1184 00:59:36,560 --> 00:59:40,360 Speaker 2: So you know, which is why someone like Elon Musk, 1185 00:59:40,440 --> 00:59:44,000 Speaker 2: who was very concerned about the things we're talking about, 1186 00:59:44,680 --> 00:59:48,160 Speaker 2: and that's why he started open AI with Sam Altmithie, Okay, 1187 00:59:48,160 --> 00:59:49,800 Speaker 2: we can develop this, but we'll do it in this 1188 00:59:49,920 --> 00:59:50,640 Speaker 2: nonprofit way. 1189 00:59:50,680 --> 00:59:52,280 Speaker 3: No, I'm not saying that the conception was. 1190 00:59:52,520 --> 00:59:55,680 Speaker 2: Like was like great from the start, but he had 1191 00:59:55,760 --> 00:59:57,240 Speaker 2: some mind of we have to do this in a 1192 00:59:57,280 --> 01:00:00,040 Speaker 2: safe way. It can't be for profit. It needs to 1193 01:00:00,080 --> 01:00:02,640 Speaker 2: be in the public interest. And then once he sees 1194 01:00:02,680 --> 01:00:04,880 Speaker 2: everyone x by the way, yep, and once he sees 1195 01:00:04,880 --> 01:00:06,800 Speaker 2: everyone else is off to the races, then he's off 1196 01:00:06,800 --> 01:00:10,760 Speaker 2: to the races too. So it's it is an actually 1197 01:00:10,800 --> 01:00:14,720 Speaker 2: existential conversation, in my opinion, And if you listen to that, 1198 01:00:14,800 --> 01:00:17,120 Speaker 2: it's an existential conversation because they'll tell you we're trying 1199 01:00:17,120 --> 01:00:19,880 Speaker 2: to eliminate human labor, we're trying to rewrite the social contract. 1200 01:00:20,160 --> 01:00:23,360 Speaker 2: We want to completely upend society as it exists today. 1201 01:00:23,880 --> 01:00:26,720 Speaker 2: So I am glad to see figures on the right 1202 01:00:26,800 --> 01:00:30,640 Speaker 2: late Candice occasionally see Bannon, you know, certainly like figures 1203 01:00:30,640 --> 01:00:33,600 Speaker 2: like you, Sager, who are looking at this with clear 1204 01:00:33,640 --> 01:00:36,160 Speaker 2: eyes and going this is this is horrific, and we 1205 01:00:36,360 --> 01:00:38,439 Speaker 2: have to come together and take control in some way 1206 01:00:38,480 --> 01:00:42,800 Speaker 2: because otherwise, you know, we are barreling towards an incredibly 1207 01:00:43,520 --> 01:00:44,760 Speaker 2: risky and dire future. 1208 01:00:44,880 --> 01:00:47,560 Speaker 4: Well and again, like it gives rocket fuel to those 1209 01:00:47,600 --> 01:00:50,880 Speaker 4: conspiracy theories that people aren't like actually human, and it 1210 01:00:50,920 --> 01:00:53,680 Speaker 4: makes those things much more believable as you break down 1211 01:00:53,680 --> 01:00:56,160 Speaker 4: the law, break down the wall between fact and fiction 1212 01:00:56,520 --> 01:00:59,280 Speaker 4: with your technologies and your algorithms, and so again, they're 1213 01:00:59,560 --> 01:01:02,600 Speaker 4: they're turning us all into cana zons. And for a 1214 01:01:02,680 --> 01:01:06,600 Speaker 4: bit more cogent, I would say argument along the lines 1215 01:01:06,640 --> 01:01:10,200 Speaker 4: of what she is making about, Like, if you want 1216 01:01:10,200 --> 01:01:12,880 Speaker 4: a faith based argument, I recommend Living in Wonder by Roderer, 1217 01:01:12,920 --> 01:01:15,280 Speaker 4: which came out recently. It does a really good job 1218 01:01:15,320 --> 01:01:19,960 Speaker 4: with this. But it's all happening so quickly. In fact, 1219 01:01:20,080 --> 01:01:22,480 Speaker 4: we should get to the clip of THEO Vaughn who 1220 01:01:22,560 --> 01:01:26,480 Speaker 4: asked Sam Altman if he feels fully human along the 1221 01:01:26,480 --> 01:01:28,640 Speaker 4: lines of the ros Daltha interview of Peter Teel that 1222 01:01:28,680 --> 01:01:32,680 Speaker 4: Crystal reference. These guys are having conversations in public because 1223 01:01:32,680 --> 01:01:34,280 Speaker 4: they think they're untouchable, and to. 1224 01:01:34,240 --> 01:01:35,000 Speaker 5: Some extent they are. 1225 01:01:35,040 --> 01:01:38,360 Speaker 4: I mean, think about the Amazon Web servers outage last week, 1226 01:01:38,480 --> 01:01:41,880 Speaker 4: the consolidation of power combined with AI. So when you 1227 01:01:41,880 --> 01:01:46,200 Speaker 4: have consolidated, consolidated power that's running on AI, they have. 1228 01:01:46,240 --> 01:01:49,520 Speaker 5: Lost control of their AI. Are ready, Yeah, they and 1229 01:01:49,560 --> 01:01:50,200 Speaker 5: they admit it. 1230 01:01:50,600 --> 01:01:54,480 Speaker 4: So think of how consequential the AWS outage was last week, 1231 01:01:54,720 --> 01:01:57,480 Speaker 4: and then think of what happens when you have massive 1232 01:01:57,480 --> 01:02:00,240 Speaker 4: consolidation and AI together all at the same time, and 1233 01:02:00,280 --> 01:02:03,480 Speaker 4: people like Sam Altman running the show. 1234 01:02:03,560 --> 01:02:04,200 Speaker 5: Here's c two. 1235 01:02:04,600 --> 01:02:06,480 Speaker 6: Yeah, I'm just always oh my god. Yeah, these people 1236 01:02:06,520 --> 01:02:09,200 Speaker 6: are able to see things differently and quantify things differently. 1237 01:02:09,520 --> 01:02:14,120 Speaker 6: Do you always feel because some tech guys they just 1238 01:02:14,160 --> 01:02:18,000 Speaker 6: have a different understanding of possibility, right, a different understanding 1239 01:02:18,040 --> 01:02:21,000 Speaker 6: of feeling and things. Do you feel human all the time? 1240 01:02:21,240 --> 01:02:22,720 Speaker 15: I do feel human all the time. But I feel 1241 01:02:22,760 --> 01:02:27,320 Speaker 15: like I I have noticed that I think extremely differently 1242 01:02:27,400 --> 01:02:32,200 Speaker 15: about the future, about exponential change, about compounding technology than 1243 01:02:32,280 --> 01:02:34,320 Speaker 15: almost anybody else that I kind of come across in 1244 01:02:34,360 --> 01:02:38,680 Speaker 15: regular life. So that's cool. I feel extremely human. I 1245 01:02:38,760 --> 01:02:41,120 Speaker 15: feel like, you know, driven by crazy emotions as much 1246 01:02:41,120 --> 01:02:43,760 Speaker 15: as anybody, but I am like very aware that I'll 1247 01:02:43,800 --> 01:02:46,520 Speaker 15: have a different lens than a lot of people. 1248 01:02:46,920 --> 01:02:48,880 Speaker 6: Have you met some people in tech space You're like, whoa, 1249 01:02:48,920 --> 01:02:51,240 Speaker 6: that guy is only six or seven percent, he's low, 1250 01:02:51,360 --> 01:02:57,000 Speaker 6: he has not a lot of human in him. Yes, yeah, okay, I. 1251 01:02:56,960 --> 01:02:59,200 Speaker 2: Love how Sam's like, yes, I've met people who are 1252 01:02:59,280 --> 01:03:02,840 Speaker 2: not human, but me and myself, I'm totally Even. 1253 01:03:03,320 --> 01:03:06,320 Speaker 4: His interview with Tucker Carlson came out like I think 1254 01:03:06,360 --> 01:03:08,760 Speaker 4: it was a couple of days before Charlie Kirk was assassinating, 1255 01:03:08,800 --> 01:03:09,680 Speaker 4: so it kind of got buried. 1256 01:03:09,760 --> 01:03:11,440 Speaker 3: Yeah, I never got actually got around to watching it. 1257 01:03:11,560 --> 01:03:12,320 Speaker 5: You have to watch it. 1258 01:03:12,360 --> 01:03:14,600 Speaker 4: So Tucker asked him how he sleeps at night, and 1259 01:03:14,720 --> 01:03:18,760 Speaker 4: Allman's just like, not, well, it's so wild that he 1260 01:03:18,840 --> 01:03:23,120 Speaker 4: goes out and says these things in public, not doing 1261 01:03:23,160 --> 01:03:26,960 Speaker 4: a great job in installing confidence in the population. 1262 01:03:27,440 --> 01:03:33,640 Speaker 5: Meanwhile, Crystal, who is working on behalf of these oligarchs. 1263 01:03:33,760 --> 01:03:38,400 Speaker 4: But Kristensen, of course, I had to let the pause 1264 01:03:38,480 --> 01:03:41,040 Speaker 4: hang because I know it's surprising to people. 1265 01:03:41,160 --> 01:03:44,919 Speaker 2: Oh yeah, that she's doing the most evil thing imaginable 1266 01:03:45,160 --> 01:03:48,360 Speaker 2: in the wake of her senatorial career. You know, I 1267 01:03:48,440 --> 01:03:51,840 Speaker 2: might be open to the hybrid hypothesis when it comes 1268 01:03:51,920 --> 01:03:57,160 Speaker 2: to Carson Cinema. So here she is testifying at a 1269 01:03:57,200 --> 01:04:02,000 Speaker 2: local town hall, basically saying to that listen, I'm working 1270 01:04:02,040 --> 01:04:04,920 Speaker 2: to push these data centers into communities, and you can 1271 01:04:04,960 --> 01:04:07,400 Speaker 2: either cooperate with us, or the federal government is just 1272 01:04:07,440 --> 01:04:09,200 Speaker 2: going to come in and force you to accept this 1273 01:04:09,240 --> 01:04:11,200 Speaker 2: and then you're not going to have any say over 1274 01:04:11,240 --> 01:04:14,160 Speaker 2: how it goes for you or you know or like 1275 01:04:14,240 --> 01:04:16,240 Speaker 2: it's coming. So you can either work with us. We 1276 01:04:16,240 --> 01:04:17,760 Speaker 2: can do this the easy way or the hard way 1277 01:04:17,880 --> 01:04:19,520 Speaker 2: is the subtext of what she says here. 1278 01:04:19,680 --> 01:04:20,760 Speaker 3: Let's go ahead and take a listen. 1279 01:04:21,120 --> 01:04:24,120 Speaker 16: I'm here tonight on behalf of ACT in Infrastructure. I 1280 01:04:24,200 --> 01:04:27,560 Speaker 16: also am the founder and co chair of a national 1281 01:04:27,600 --> 01:04:32,680 Speaker 16: coalition called the AI Infrastructure Coalition. We are a national 1282 01:04:32,720 --> 01:04:35,720 Speaker 16: coalition formed earlier this year, and we're cand in glove 1283 01:04:35,760 --> 01:04:42,640 Speaker 16: with the Trump administration as we prepare for AI American dominance, 1284 01:04:43,520 --> 01:04:46,680 Speaker 16: to prepare against a competing PEP from China, but also 1285 01:04:46,800 --> 01:04:49,880 Speaker 16: to ensure that domestically that we are prepared for the 1286 01:04:49,880 --> 01:04:52,640 Speaker 16: AI revolution that is coming here. The AI Action Plan 1287 01:04:53,120 --> 01:04:56,560 Speaker 16: set out by the Trump administration says very clearly that 1288 01:04:56,680 --> 01:05:01,000 Speaker 16: we must continue to proliferate AI and AI data centers 1289 01:05:01,040 --> 01:05:01,800 Speaker 16: throughout the country. 1290 01:05:02,440 --> 01:05:04,640 Speaker 2: So there she goes hand in glove with the Trump 1291 01:05:04,640 --> 01:05:09,800 Speaker 2: administration to make sure that AI data centers proliferate throughout 1292 01:05:09,840 --> 01:05:11,960 Speaker 2: the country. And I'll tell you, you know, I live 1293 01:05:11,960 --> 01:05:14,320 Speaker 2: in a town where one of these data centers may 1294 01:05:14,360 --> 01:05:17,320 Speaker 2: be coming. There are it's and it's a very conservatives 1295 01:05:17,400 --> 01:05:19,760 Speaker 2: rural areas, very conservative, you know, about like sixty five 1296 01:05:19,760 --> 01:05:22,600 Speaker 2: percent for Trump or something, and you see tons of 1297 01:05:22,600 --> 01:05:24,080 Speaker 2: signs like stop the data center. 1298 01:05:24,120 --> 01:05:26,200 Speaker 3: I mean, this is it really is something. 1299 01:05:25,880 --> 01:05:31,320 Speaker 2: That there are a wide variety of cross partisan concerns 1300 01:05:32,000 --> 01:05:35,400 Speaker 2: here including about local autonomy, you know, as cinema is 1301 01:05:35,440 --> 01:05:37,600 Speaker 2: basically threatening them, like it's coming whether you want it 1302 01:05:37,680 --> 01:05:40,920 Speaker 2: or not. Local autonomy is one of them. You know, 1303 01:05:40,960 --> 01:05:43,520 Speaker 2: there's the water usage. You've had wells that have gone 1304 01:05:43,600 --> 01:05:46,120 Speaker 2: dry near these places, you know, especially in rural areas. 1305 01:05:46,160 --> 01:05:47,720 Speaker 2: I'm personally on well water. A lot of people in 1306 01:05:47,720 --> 01:05:50,120 Speaker 2: my county and in the area are. You have the 1307 01:05:50,480 --> 01:05:53,480 Speaker 2: noise concern, the light pollution concern. You have the skyrocketing 1308 01:05:53,520 --> 01:05:57,919 Speaker 2: electricity energy costs, so you have you know a lot 1309 01:05:57,960 --> 01:06:03,720 Speaker 2: of just like immediate concerns about these massive construction projects 1310 01:06:03,720 --> 01:06:06,720 Speaker 2: that are just like proliferating across the country and that 1311 01:06:06,840 --> 01:06:09,000 Speaker 2: you know, people like her are pushing onto communities that 1312 01:06:09,040 --> 01:06:09,720 Speaker 2: really don't want them. 1313 01:06:09,800 --> 01:06:11,640 Speaker 4: Well, And there was a great semaph report, I think 1314 01:06:11,640 --> 01:06:13,840 Speaker 4: it was a Dave Wigel report from a couple of 1315 01:06:13,920 --> 01:06:16,520 Speaker 4: weeks ago about how this is like the sneaky issue 1316 01:06:16,600 --> 01:06:20,840 Speaker 4: in the midterm cycle that because so many communities are 1317 01:06:21,080 --> 01:06:26,040 Speaker 4: experiencing problems related to the data centers, that anybody who's 1318 01:06:26,080 --> 01:06:29,440 Speaker 4: actually able to do the anti cinema here is probably 1319 01:06:29,520 --> 01:06:31,720 Speaker 4: whichever party is able to do in some of these 1320 01:06:31,760 --> 01:06:36,520 Speaker 4: like congressional races, the anti cinema approach that'll behoove them 1321 01:06:36,640 --> 01:06:39,760 Speaker 4: because in many, many communities this is becoming a significant problem. 1322 01:06:39,960 --> 01:06:44,000 Speaker 4: And on that note, guess who is on this Bernie Sanders, 1323 01:06:44,160 --> 01:06:45,000 Speaker 4: Let's roll see four. 1324 01:06:45,320 --> 01:06:47,920 Speaker 3: Do you think open AI and CHATCHPT should be broken up? 1325 01:06:48,320 --> 01:06:50,280 Speaker 9: I do, But it's a deeper issue than that. We 1326 01:06:50,360 --> 01:06:53,400 Speaker 9: need to take a deep breath and understand that. It's 1327 01:06:53,440 --> 01:06:56,959 Speaker 9: like you know, media are coming to it. We got 1328 01:06:56,960 --> 01:07:02,000 Speaker 9: to be prepared to deal with in all of its complexity. Economically, 1329 01:07:02,080 --> 01:07:05,600 Speaker 9: I worry about massive loss of jobs. In terms of 1330 01:07:05,640 --> 01:07:08,240 Speaker 9: what it does to us as human beings, there are 1331 01:07:08,280 --> 01:07:10,800 Speaker 9: products not being sold. Is you don't need to relate 1332 01:07:10,840 --> 01:07:13,720 Speaker 9: to a human being anymore. You will have somebody hanging 1333 01:07:13,720 --> 01:07:17,360 Speaker 9: around your neck is your AI buddy. And in a 1334 01:07:17,400 --> 01:07:21,840 Speaker 9: country where there's a lot of emotional distress, what do 1335 01:07:21,920 --> 01:07:25,320 Speaker 9: you worry about that? How we continue community, how we 1336 01:07:25,360 --> 01:07:29,000 Speaker 9: relate to each other as human beings. And then, of course, 1337 01:07:29,040 --> 01:07:34,760 Speaker 9: in terms of AI, we worry about the super intelligent AI, 1338 01:07:35,000 --> 01:07:40,720 Speaker 9: which supersedes human intelligence. And one day the AI says 1339 01:07:40,720 --> 01:07:44,680 Speaker 9: to the human being, sorry, but actually no, you worry 1340 01:07:44,720 --> 01:07:46,920 Speaker 9: about a terminator like scenario something like that. 1341 01:07:47,640 --> 01:07:50,440 Speaker 4: So that was Senator standards in an interview with Alex 1342 01:07:50,480 --> 01:07:54,240 Speaker 4: Thompson of Access Crystal, showing a path forward not just 1343 01:07:54,280 --> 01:07:57,520 Speaker 4: for Democrats but for Republicans if anyone is smart enough 1344 01:07:57,560 --> 01:07:58,360 Speaker 4: to take it. 1345 01:07:58,400 --> 01:07:59,880 Speaker 5: And that's where the question. 1346 01:07:59,720 --> 01:08:02,360 Speaker 2: Is, right, Yeah, Well, at the federal level, certainly, the 1347 01:08:02,400 --> 01:08:06,080 Speaker 2: Trump administration has decided that they're all in, you know. 1348 01:08:06,160 --> 01:08:09,360 Speaker 2: And obviously jade Vance is very much back by Peter Thiel, 1349 01:08:09,440 --> 01:08:11,160 Speaker 2: has been throughout his career. 1350 01:08:11,240 --> 01:08:12,959 Speaker 3: They're thinking he's their guy. 1351 01:08:13,840 --> 01:08:16,400 Speaker 2: They've decided we're going to take any breaks that were 1352 01:08:16,439 --> 01:08:18,800 Speaker 2: on the car, we're going to take them off, right. 1353 01:08:18,880 --> 01:08:21,720 Speaker 2: We are going to make sure in terms of regulatory 1354 01:08:21,760 --> 01:08:24,160 Speaker 2: breaks or to make sure the funding is there. We're 1355 01:08:24,200 --> 01:08:26,479 Speaker 2: going to make sure there's no sort of like, you know, 1356 01:08:26,520 --> 01:08:30,120 Speaker 2: any sort of sec enforcement actions coming your way. We're 1357 01:08:30,320 --> 01:08:33,679 Speaker 2: going to go all in in the most reckless manner 1358 01:08:33,760 --> 01:08:37,280 Speaker 2: possible because we've got to win this, you know, war 1359 01:08:37,320 --> 01:08:40,240 Speaker 2: against China. We've got to win the race to Agi 1360 01:08:40,439 --> 01:08:43,559 Speaker 2: before China gets there. And so that is the full 1361 01:08:43,600 --> 01:08:46,640 Speaker 2: thrust from the national level of the UH, you know, 1362 01:08:46,680 --> 01:08:49,280 Speaker 2: the Trump administration certainly right now, and if jade Vance 1363 01:08:49,400 --> 01:08:52,360 Speaker 2: is the predecessor to Trump, then I fully expect him 1364 01:08:52,400 --> 01:08:54,519 Speaker 2: to continue in that direction, and of course Trump is 1365 01:08:54,560 --> 01:08:56,720 Speaker 2: out there. Steve Bannon is zaygo. Trump is going to 1366 01:08:56,760 --> 01:08:58,840 Speaker 2: be the guy again in twenty twenty eight. I don't 1367 01:08:58,840 --> 01:09:00,880 Speaker 2: think we can put that off the tape either, And 1368 01:09:00,920 --> 01:09:04,840 Speaker 2: he's clearly decided that, you know, being fully in bed 1369 01:09:05,120 --> 01:09:07,920 Speaker 2: with these tech oligarchs was the best thing for him 1370 01:09:08,000 --> 01:09:10,519 Speaker 2: politically in the direction that he wanted to go in. 1371 01:09:10,640 --> 01:09:14,200 Speaker 2: So it does leave a massive opening for someone to 1372 01:09:14,320 --> 01:09:17,200 Speaker 2: articulate all of these fears. And as I said, the 1373 01:09:17,240 --> 01:09:20,400 Speaker 2: fears are both immediate and medium term in terms of 1374 01:09:20,880 --> 01:09:24,200 Speaker 2: job loss and long term as Bernie articulates there as well, 1375 01:09:24,200 --> 01:09:27,320 Speaker 2: in terms of these more existential concerns about what it 1376 01:09:27,360 --> 01:09:32,040 Speaker 2: would mean to have a superior intelligence on the planet, Like, 1377 01:09:32,439 --> 01:09:34,600 Speaker 2: has anyone thought about that? There are people who have 1378 01:09:34,640 --> 01:09:36,519 Speaker 2: thought about it, most of them have concluded that it's 1379 01:09:36,520 --> 01:09:39,120 Speaker 2: going to be really bad for human beings. Yet we 1380 01:09:39,200 --> 01:09:42,800 Speaker 2: continue a pace anyway. So if you know, eighty something 1381 01:09:42,880 --> 01:09:45,519 Speaker 2: year old Bernie Sanders can figure all of that out, 1382 01:09:45,640 --> 01:09:48,759 Speaker 2: I think a lot of Americans are thinking the same direction. 1383 01:09:49,280 --> 01:09:52,519 Speaker 2: And it seems to me like we're at an inflection 1384 01:09:52,680 --> 01:09:56,680 Speaker 2: point as these data centers increasingly crop up, especially in 1385 01:09:56,800 --> 01:10:00,800 Speaker 2: rural areas where there's more and more awareness of what 1386 01:10:00,880 --> 01:10:03,479 Speaker 2: is happening and the speed and pace of you know, 1387 01:10:03,520 --> 01:10:07,000 Speaker 2: at which it is occurring, and the massive impact that 1388 01:10:07,040 --> 01:10:09,120 Speaker 2: it could have on all of our lives in the future. 1389 01:10:10,280 --> 01:10:15,679 Speaker 4: And most conservative Catholic intellectuals are deeply suspicious of AI, 1390 01:10:15,920 --> 01:10:19,840 Speaker 4: which puts JD Vance in a fascinating position. And we 1391 01:10:19,880 --> 01:10:23,360 Speaker 4: did a long segment on why Peter Thiel is talking 1392 01:10:23,479 --> 01:10:27,400 Speaker 4: so much about AI, the Apocalypse, the catacon recently, and 1393 01:10:27,439 --> 01:10:30,479 Speaker 4: I think the conclusion that we landed on is he's 1394 01:10:30,760 --> 01:10:35,360 Speaker 4: trying to seduce, especially religious conservatives, in the midst of 1395 01:10:35,400 --> 01:10:39,960 Speaker 4: this nationwide religious revival that everyone'saw on display at the 1396 01:10:40,080 --> 01:10:43,599 Speaker 4: Kirk Memorial. He's trying to convince those people, which are 1397 01:10:43,720 --> 01:10:48,439 Speaker 4: such an important part of the Republican coalition, to put 1398 01:10:48,479 --> 01:10:51,600 Speaker 4: their faith in AI and to put their faith in 1399 01:10:51,880 --> 01:10:54,920 Speaker 4: big tech. And if he's able to do that, if 1400 01:10:54,960 --> 01:10:57,439 Speaker 4: you bring the Jdvances on board and start making this 1401 01:10:57,640 --> 01:11:02,760 Speaker 4: argument a faith based argument, a faith based argument for accelerationism, 1402 01:11:03,520 --> 01:11:06,320 Speaker 4: that's a huge win because you can see the argument 1403 01:11:06,360 --> 01:11:11,639 Speaker 4: that Bernie just made their being appealing to people around 1404 01:11:11,640 --> 01:11:16,040 Speaker 4: the country who are are honestly like conservative Trump types 1405 01:11:17,040 --> 01:11:20,479 Speaker 4: or just normal you know, suburban parents who are freaked 1406 01:11:20,479 --> 01:11:23,720 Speaker 4: out about what's happening to their children. So that's a 1407 01:11:23,960 --> 01:11:27,639 Speaker 4: huge reason why we're starting to see Teal. I think 1408 01:11:27,680 --> 01:11:31,320 Speaker 4: Teal is smarter, honestly, and he's more politically savvy, much 1409 01:11:31,360 --> 01:11:34,360 Speaker 4: more politically experienced than Elon or Sam Altman. I mean, 1410 01:11:34,400 --> 01:11:37,640 Speaker 4: his political involvement goes back a long time, and so 1411 01:11:37,720 --> 01:11:40,000 Speaker 4: I think that's where you're trying to see, where you're 1412 01:11:40,000 --> 01:11:42,280 Speaker 4: seeing him try to get out ahead of some of 1413 01:11:42,320 --> 01:11:46,000 Speaker 4: these arguments to bring so like Candicetone's Conservative Catholic actually 1414 01:11:46,160 --> 01:11:50,080 Speaker 4: interesting point, big audience among conservative Catholics, trying to make 1415 01:11:50,120 --> 01:11:51,680 Speaker 4: the point that hey, we don't know where any of 1416 01:11:51,720 --> 01:11:53,760 Speaker 4: this is going, but we have to put our faith 1417 01:11:53,760 --> 01:11:58,200 Speaker 4: in this accelerationist because otherwise the de Growthers sure look 1418 01:11:58,240 --> 01:12:03,639 Speaker 4: a lot like some biblical prophecies about the dark forces. 1419 01:12:04,160 --> 01:12:06,720 Speaker 4: So that's that's I think all of this, I think 1420 01:12:06,800 --> 01:12:09,880 Speaker 4: lends credence to the conversation that we had the other day. 1421 01:12:10,400 --> 01:12:13,960 Speaker 4: And on top of that, where does I mean the 1422 01:12:14,000 --> 01:12:16,240 Speaker 4: Trump administration. We heard a lot in the lead up. 1423 01:12:16,240 --> 01:12:17,920 Speaker 4: You probably remember this last year this time last year 1424 01:12:17,920 --> 01:12:22,439 Speaker 4: about little tech right like accelerationism, little tech. We have 1425 01:12:22,520 --> 01:12:28,920 Speaker 4: to open up everything, make a much more liberal, lowercase 1426 01:12:29,040 --> 01:12:32,120 Speaker 4: L regulatory environment for all of these little tech companies 1427 01:12:32,160 --> 01:12:33,559 Speaker 4: to thrive and to innovate. 1428 01:12:34,200 --> 01:12:34,559 Speaker 5: Crystal. 1429 01:12:34,560 --> 01:12:37,519 Speaker 4: I feel like the regulatory environment right now, since Donald 1430 01:12:37,520 --> 01:12:42,600 Speaker 4: Trumpery took office is pretty much designed to favor big tech, right, Like, 1431 01:12:42,880 --> 01:12:44,240 Speaker 4: are we seeing this flourishing? 1432 01:12:44,520 --> 01:12:47,759 Speaker 2: The tech itself is designed to favor big exactly because 1433 01:12:48,000 --> 01:12:51,680 Speaker 2: at least the theory of all the American companies, you know, 1434 01:12:51,800 --> 01:12:54,479 Speaker 2: Deep seek Proof potentially a different direction as possible, but 1435 01:12:54,560 --> 01:12:56,920 Speaker 2: the theory of all the American companies is basically, you 1436 01:12:56,960 --> 01:13:00,000 Speaker 2: just throw as much money at this thing as possib 1437 01:13:00,600 --> 01:13:03,479 Speaker 2: You build out as many data centers, as much compute 1438 01:13:03,560 --> 01:13:07,360 Speaker 2: as possible to the tune them hundreds of billions of dollars, 1439 01:13:07,880 --> 01:13:11,760 Speaker 2: and that's the way to win the race. And so 1440 01:13:12,160 --> 01:13:15,040 Speaker 2: of course, like you're not going to have some plucky 1441 01:13:15,080 --> 01:13:17,120 Speaker 2: startup that's able to pull that off. 1442 01:13:17,479 --> 01:13:19,559 Speaker 5: Especially with all the lobbying here that's going on. 1443 01:13:19,920 --> 01:13:23,800 Speaker 2: Yeah, I mean, it's gonna be the giant players. And 1444 01:13:24,240 --> 01:13:26,000 Speaker 2: which is why I always thought the little tech thing 1445 01:13:26,080 --> 01:13:28,080 Speaker 2: was complete nutter bullshit. And I think it was complete 1446 01:13:28,160 --> 01:13:30,200 Speaker 2: nutter bullshit. I don't think that Mark Andrees and these 1447 01:13:30,200 --> 01:13:32,719 Speaker 2: other people that are pushing it are so like out 1448 01:13:32,720 --> 01:13:36,280 Speaker 2: of touch with the nature of the tech to not 1449 01:13:36,400 --> 01:13:38,839 Speaker 2: understand that it was going to be the big players 1450 01:13:39,200 --> 01:13:40,639 Speaker 2: that dominate the space. 1451 01:13:40,920 --> 01:13:41,840 Speaker 3: Now are there going to be. 1452 01:13:41,880 --> 01:13:44,600 Speaker 2: You know, startups that are using the tech and you know, 1453 01:13:44,720 --> 01:13:48,599 Speaker 2: ancillary pressure, But in terms of who is developing the 1454 01:13:48,640 --> 01:13:52,759 Speaker 2: core technology, it's going to be one of the giants. 1455 01:13:53,200 --> 01:13:56,519 Speaker 2: And that's why all of these guys have thrown in 1456 01:13:56,880 --> 01:13:59,760 Speaker 2: so hard for it, because they want to be the guy. 1457 01:14:00,160 --> 01:14:02,679 Speaker 2: They want to be the master of the universe. That's 1458 01:14:02,720 --> 01:14:05,479 Speaker 2: the way that they see it. And Emily, your points 1459 01:14:05,520 --> 01:14:08,360 Speaker 2: on the on what Teal is doing and your insights 1460 01:14:08,360 --> 01:14:11,280 Speaker 2: into that, I think are really important for people to understand. 1461 01:14:11,320 --> 01:14:13,000 Speaker 2: Whether or not he believes what he's saying or not, 1462 01:14:13,080 --> 01:14:15,519 Speaker 2: who the hell knows, It doesn't really matter, but he's 1463 01:14:15,560 --> 01:14:20,160 Speaker 2: trying to square the circle of convincing religious people that 1464 01:14:20,880 --> 01:14:24,519 Speaker 2: this technology, which on his face looks anti creation and 1465 01:14:24,600 --> 01:14:28,960 Speaker 2: anti human is actually actually it's fine, and actually we 1466 01:14:29,080 --> 01:14:32,439 Speaker 2: have to do this, like the proper religious course to take, 1467 01:14:33,000 --> 01:14:36,400 Speaker 2: you know, with if you're in the Christian faith, is 1468 01:14:36,479 --> 01:14:39,920 Speaker 2: to pursue this at all costs. And take all the 1469 01:14:39,960 --> 01:14:42,599 Speaker 2: breaks off the car and just trust that it's going 1470 01:14:42,640 --> 01:14:45,280 Speaker 2: to work out, that that is the like, the proper 1471 01:14:45,320 --> 01:14:46,760 Speaker 2: thing to do, and just turn your mind off all 1472 01:14:46,760 --> 01:14:49,200 Speaker 2: your concern don't worry about it, right, We've just got 1473 01:14:49,240 --> 01:14:50,800 Speaker 2: to We just got to go drive this car a 1474 01:14:50,800 --> 01:14:51,720 Speaker 2: one hundred miles an hour. 1475 01:14:51,840 --> 01:14:55,040 Speaker 4: Yeah, yeah, And you know it's it's It's interesting because 1476 01:14:55,040 --> 01:14:56,559 Speaker 4: I think a lot of people are engaging with the 1477 01:14:56,640 --> 01:15:02,200 Speaker 4: teal argument as it's in entirely sincere, and I think 1478 01:15:02,200 --> 01:15:05,559 Speaker 4: it's probably both sincere. He does seem entirely sincere about it, 1479 01:15:05,600 --> 01:15:09,000 Speaker 4: but it's not just sincere. It's sincere in a very 1480 01:15:09,160 --> 01:15:14,240 Speaker 4: particular direction. And there's an audience that he would have 1481 01:15:14,280 --> 01:15:16,960 Speaker 4: a motivation to try and persuade right now, And so 1482 01:15:17,120 --> 01:15:19,000 Speaker 4: I think that's an important les to look at what 1483 01:15:19,040 --> 01:15:23,320 Speaker 4: he's doing through. Man, what a time to be alive, Crystal, 1484 01:15:23,320 --> 01:15:24,639 Speaker 4: What a time to be alive. 1485 01:15:25,120 --> 01:15:25,599 Speaker 3: Indeed,