1 00:00:00,280 --> 00:00:03,440 Speaker 1: Cable news is ripping us apart, dividing the nation, making 2 00:00:03,440 --> 00:00:05,880 Speaker 1: it impossible to function as a society and to know 3 00:00:05,920 --> 00:00:08,680 Speaker 1: what is true and what is false. The good news 4 00:00:08,800 --> 00:00:10,800 Speaker 1: is that they're failing and they know it. That is 5 00:00:10,840 --> 00:00:14,840 Speaker 1: why we're building something new. Be part of creating a new, better, healthier, 6 00:00:14,880 --> 00:00:17,920 Speaker 1: and more trustworthy mainstream by becoming a Breaking Points Premium 7 00:00:17,920 --> 00:00:21,520 Speaker 1: member today at breakingpoints dot com. Your hard earned money 8 00:00:21,560 --> 00:00:23,360 Speaker 1: is going to help us build for the midterms and 9 00:00:23,400 --> 00:00:27,360 Speaker 1: the upcoming presidential election so we can provide unparalleled coverage 10 00:00:27,360 --> 00:00:28,600 Speaker 1: of what is sure to be one of the most 11 00:00:28,600 --> 00:00:32,280 Speaker 1: pivotal moments in American history. So what are you waiting for? 12 00:00:32,479 --> 00:00:36,280 Speaker 1: Go to Breakingpoints dot com to help us out. Time 13 00:00:36,320 --> 00:00:39,160 Speaker 1: now for our weekly partnership segment with the lever joining 14 00:00:39,240 --> 00:00:41,440 Speaker 1: us now the founder of that wonderful outlet, the one 15 00:00:41,440 --> 00:00:43,760 Speaker 1: and only David Serot. A great caee, sir, good to 16 00:00:43,760 --> 00:00:47,839 Speaker 1: see you. You got a big think piece out this 17 00:00:47,880 --> 00:00:50,760 Speaker 1: week that I think is really important that I think 18 00:00:50,800 --> 00:00:53,120 Speaker 1: everyone should take the time to read through you through 19 00:00:53,159 --> 00:00:55,160 Speaker 1: fully and sit with Let's go ahead and put this 20 00:00:55,200 --> 00:00:57,760 Speaker 1: tear sheet up on the screen. You say it's time 21 00:00:58,000 --> 00:01:01,080 Speaker 1: for dems to fear their own voters. We are here 22 00:01:01,280 --> 00:01:05,600 Speaker 1: because GOP politicians fear their base, while democratic politicians don't, 23 00:01:06,000 --> 00:01:11,960 Speaker 1: and that must change. You're pointing fingers at democratic leadership. 24 00:01:12,000 --> 00:01:14,200 Speaker 1: We are also pointing some fingers, though, at the sort 25 00:01:14,200 --> 00:01:19,759 Speaker 1: of progressive activist base that has not succeeded in persuading 26 00:01:20,000 --> 00:01:23,679 Speaker 1: normy liberal voters to be on their side and holding 27 00:01:23,720 --> 00:01:26,440 Speaker 1: these Democratic politicians to account. So just take us through 28 00:01:26,440 --> 00:01:30,120 Speaker 1: a little bit of your argument here. Sure, Look, conservative 29 00:01:30,160 --> 00:01:35,039 Speaker 1: media has spent twenty thirty years conditioning Republican voters to 30 00:01:35,160 --> 00:01:40,399 Speaker 1: demand things of their politicians and holding those politicians accountable. 31 00:01:40,800 --> 00:01:44,520 Speaker 1: I think it's fair to say that the MSNBC's of 32 00:01:44,560 --> 00:01:49,960 Speaker 1: the world, the elite media, corporate media, that media sphere, 33 00:01:50,320 --> 00:01:55,760 Speaker 1: has spent those same thirty years conditioning normy democratic voters, 34 00:01:55,840 --> 00:02:01,400 Speaker 1: liberal voters to never demand anything of democratic politicians or 35 00:02:01,440 --> 00:02:05,520 Speaker 1: hold them accountable. And I think that roughly explains why 36 00:02:05,560 --> 00:02:10,000 Speaker 1: we are here at this moment watching the Supreme Court 37 00:02:10,440 --> 00:02:14,240 Speaker 1: produce a flood of right wing rulings. We know that 38 00:02:14,360 --> 00:02:17,160 Speaker 1: dark money went in to buy the Supreme Court. We 39 00:02:17,280 --> 00:02:21,160 Speaker 1: know that Republican huge amounts of Republican money went into 40 00:02:21,520 --> 00:02:26,080 Speaker 1: putting in place lawmakers who would approve those Supreme Court justices, 41 00:02:26,280 --> 00:02:29,680 Speaker 1: so you have that on that side. And it also 42 00:02:29,720 --> 00:02:33,520 Speaker 1: explains why you have Democrats who, in response to those 43 00:02:33,600 --> 00:02:37,720 Speaker 1: right wing rulings are saying they basically can't do anything 44 00:02:38,360 --> 00:02:42,800 Speaker 1: other than send out fundraising emails because they expect the 45 00:02:42,880 --> 00:02:47,040 Speaker 1: Democratic base voters, after thirty years of that conditioning, to 46 00:02:47,160 --> 00:02:51,799 Speaker 1: never demand that they do anything and never electorally hold 47 00:02:51,840 --> 00:02:55,600 Speaker 1: them accountable. So I think it really does explain this 48 00:02:55,919 --> 00:02:59,960 Speaker 1: asymmetry here where you have the Republicans and the American 49 00:03:00,120 --> 00:03:04,000 Speaker 1: right on the march now producing rulings at odds with 50 00:03:04,040 --> 00:03:08,440 Speaker 1: what public opinion actually wants, and a Democratic Party who's 51 00:03:08,880 --> 00:03:12,240 Speaker 1: officially on the side, at least in their white papers 52 00:03:12,240 --> 00:03:14,600 Speaker 1: and in their rhetoric, officially on the side of what 53 00:03:14,639 --> 00:03:18,640 Speaker 1: the public wants, but unwilling to really do much of 54 00:03:18,840 --> 00:03:22,799 Speaker 1: anything to stop what's going on, even as they control 55 00:03:23,320 --> 00:03:26,679 Speaker 1: the lawmaking apparatus of the federal government. You might have 56 00:03:27,280 --> 00:03:31,440 Speaker 1: forgotten that based on their behavior, but they still control 57 00:03:31,520 --> 00:03:36,120 Speaker 1: the lawmaking branches of the government. What led to this 58 00:03:36,200 --> 00:03:40,360 Speaker 1: situation because I do think Republicans are much more responsive 59 00:03:40,600 --> 00:03:44,720 Speaker 1: to their base. Conservative media is much more willing to 60 00:03:44,720 --> 00:03:48,360 Speaker 1: sort of push Republican lawmakers to be responsive to that base, 61 00:03:48,880 --> 00:03:51,640 Speaker 1: and you just don't have that on the Democratic side, 62 00:03:51,680 --> 00:03:54,360 Speaker 1: Like where did that sit down and shut up? And 63 00:03:54,400 --> 00:03:57,000 Speaker 1: it's your responsibility to vote for us, and if you don't, 64 00:03:57,000 --> 00:03:59,400 Speaker 1: that's on you, not on us. Like what is the 65 00:03:59,440 --> 00:04:02,880 Speaker 1: origins story of that vibe in the Democratic Party. It's 66 00:04:02,920 --> 00:04:05,120 Speaker 1: a really good question. I think part of it traces 67 00:04:05,160 --> 00:04:08,840 Speaker 1: back to the mythology that was created surrounding George McGovern. 68 00:04:09,320 --> 00:04:12,640 Speaker 1: I think that after McGovern lost the nineteen seventy two race, 69 00:04:12,720 --> 00:04:16,520 Speaker 1: that became a cautionary tale baked in to how Democrats 70 00:04:16,520 --> 00:04:20,920 Speaker 1: told them told themselves their own story, and that story 71 00:04:20,960 --> 00:04:25,760 Speaker 1: that they told themselves was the left is why we 72 00:04:25,960 --> 00:04:30,479 Speaker 1: lost that election. The left is why we lose elections. 73 00:04:30,839 --> 00:04:34,719 Speaker 1: And of course the opportunism behind that story was from 74 00:04:34,720 --> 00:04:37,400 Speaker 1: the corporate right of the party, which didn't like the 75 00:04:37,480 --> 00:04:40,600 Speaker 1: New Deal, which doesn't like the left, And so out 76 00:04:40,600 --> 00:04:43,800 Speaker 1: of that came the kind of idea that the left, 77 00:04:44,240 --> 00:04:47,760 Speaker 1: the progressive base, the democratic base of the party, the 78 00:04:47,760 --> 00:04:51,520 Speaker 1: democratic winging of the Democratic Party, is the real problem, 79 00:04:51,960 --> 00:04:55,080 Speaker 1: and that what we need to do is constantly triangulate 80 00:04:55,200 --> 00:04:59,599 Speaker 1: against that base of our party, and anytime that base 81 00:04:59,640 --> 00:05:04,000 Speaker 1: of the par already tries to hold politicians at the 82 00:05:04,000 --> 00:05:07,480 Speaker 1: top of the party accountable. That's bad. That's the McGovern 83 00:05:07,640 --> 00:05:11,240 Speaker 1: cautionary tale. So I think that mixed in with a 84 00:05:11,320 --> 00:05:14,760 Speaker 1: corporate wing of the party that benefits from that narrative, 85 00:05:14,960 --> 00:05:18,119 Speaker 1: that gets to seize power and control the party through 86 00:05:18,240 --> 00:05:23,000 Speaker 1: the storytelling of that narrative, has benefited from that, and 87 00:05:23,080 --> 00:05:26,000 Speaker 1: that's why I think we're here. That's why you had 88 00:05:26,440 --> 00:05:31,159 Speaker 1: Ram Emmanuel who famously embodied this when he was chief 89 00:05:31,200 --> 00:05:35,240 Speaker 1: of staff for President Obama. He was literally it was 90 00:05:35,279 --> 00:05:37,240 Speaker 1: a scandal because of the language he used. But he 91 00:05:37,320 --> 00:05:39,919 Speaker 1: and I won't use language here, but he insulted in 92 00:05:40,040 --> 00:05:44,080 Speaker 1: very profaning terms progressive groups that were simply trying to 93 00:05:44,279 --> 00:05:48,200 Speaker 1: or have proposed pressure and conservative Democrats to support something 94 00:05:48,279 --> 00:05:51,320 Speaker 1: as modest and moderate as the Affordable Care Act. And 95 00:05:51,400 --> 00:05:54,880 Speaker 1: the idea was that the democratic base of the party 96 00:05:55,120 --> 00:05:59,640 Speaker 1: should not be holding democratic politicians accountable because that is 97 00:05:59,680 --> 00:06:04,160 Speaker 1: polite and electorally toxic, and they argue politically electorally toxic 98 00:06:04,360 --> 00:06:08,080 Speaker 1: to the project of defeating Republicans. I mean, it's all nonsense, 99 00:06:08,360 --> 00:06:11,599 Speaker 1: but I think that's the cultural story. So I think 100 00:06:11,600 --> 00:06:14,599 Speaker 1: you've got you know at this point, thanks in large 101 00:06:14,640 --> 00:06:19,200 Speaker 1: part to Bernie's to presidential campaigns. You've got maybe thirty 102 00:06:19,240 --> 00:06:21,960 Speaker 1: percent of the Democratic Party, let's say that has a 103 00:06:22,000 --> 00:06:26,040 Speaker 1: real critique of Democratic Party leadership, frustrated with their inaction, 104 00:06:26,320 --> 00:06:29,640 Speaker 1: kind of sees their failures, understands war less the arc 105 00:06:29,680 --> 00:06:32,000 Speaker 1: of how we ended up here, and then you have 106 00:06:32,279 --> 00:06:36,640 Speaker 1: maybe seventy percent that has largely bought into this idea that, listen, 107 00:06:36,720 --> 00:06:39,040 Speaker 1: we may want more things, but it's just not possible 108 00:06:39,040 --> 00:06:40,520 Speaker 1: and we got to kind of go with the flow 109 00:06:40,880 --> 00:06:43,960 Speaker 1: so we can win elections because stopping the Republicans they're 110 00:06:43,960 --> 00:06:46,640 Speaker 1: an existential threat, and that's got to be our number 111 00:06:46,680 --> 00:06:50,599 Speaker 1: one through ten priority on the list. Do you see 112 00:06:50,680 --> 00:06:52,560 Speaker 1: We've been talking about this on Breaking Points on this week, 113 00:06:52,560 --> 00:06:55,080 Speaker 1: and we talked you and I on lever Live about 114 00:06:55,080 --> 00:06:57,920 Speaker 1: this this week as well. Do you see some cracks 115 00:06:58,000 --> 00:07:02,880 Speaker 1: emerging in that storyline that has been fed to the 116 00:07:02,960 --> 00:07:06,200 Speaker 1: overwhelming majority of the Democratic base. Yes. And I think 117 00:07:06,240 --> 00:07:08,480 Speaker 1: this is a silver lining. That's good. I think that 118 00:07:08,520 --> 00:07:13,480 Speaker 1: what we're finally starting to see is the main streaming 119 00:07:14,080 --> 00:07:18,040 Speaker 1: of the anger at the Democratic Party, not from the 120 00:07:18,240 --> 00:07:21,840 Speaker 1: far right, but from the Democratic base. And I happen 121 00:07:21,880 --> 00:07:24,200 Speaker 1: to think that's a really good thing. There was an 122 00:07:24,280 --> 00:07:27,840 Speaker 1: NBC poll that showed, for instance, two thirds of Democratic 123 00:07:27,880 --> 00:07:31,680 Speaker 1: primary voters want their lawmakers to try to push for 124 00:07:31,960 --> 00:07:36,040 Speaker 1: big change even if it risks not passing, as opposed 125 00:07:36,040 --> 00:07:39,240 Speaker 1: to one third who want the opposite. That is a 126 00:07:39,280 --> 00:07:43,240 Speaker 1: suggestion that suggests that the nonsense of we have to 127 00:07:43,280 --> 00:07:45,720 Speaker 1: go small in order to do things or in order 128 00:07:45,760 --> 00:07:49,120 Speaker 1: to not antagonize the Republicans, that the Democratic base, large 129 00:07:49,120 --> 00:07:51,480 Speaker 1: swaths of the Democratic base no longer believes that. There 130 00:07:51,520 --> 00:07:54,880 Speaker 1: was another poll that showed a plurality of voters do 131 00:07:54,960 --> 00:07:58,600 Speaker 1: not believe the idea anymore that the president can't do 132 00:07:58,720 --> 00:08:02,200 Speaker 1: anything in the situation suation that the current president, Joe 133 00:08:02,200 --> 00:08:06,480 Speaker 1: Biden is in. There is another stat Joe Biden only 134 00:08:06,560 --> 00:08:10,440 Speaker 1: has a twenty five percent approval rating among people eighteen 135 00:08:10,520 --> 00:08:14,840 Speaker 1: to thirty four, So a complete collapse of support for 136 00:08:15,000 --> 00:08:19,120 Speaker 1: the Democratic president among young people who are truly sick 137 00:08:19,120 --> 00:08:21,120 Speaker 1: of it all. I think all of that is a 138 00:08:21,120 --> 00:08:24,000 Speaker 1: good thing for this reason, because if you look back 139 00:08:24,120 --> 00:08:30,520 Speaker 1: at history, everything basically that you love that the Democratic 140 00:08:30,600 --> 00:08:35,199 Speaker 1: Party it has produced in history, social security, medicare, the 141 00:08:35,240 --> 00:08:37,280 Speaker 1: Civil Rights Act, the Voting Rights Act. I could go 142 00:08:37,320 --> 00:08:41,080 Speaker 1: through the list that didn't come because people were just 143 00:08:41,480 --> 00:08:47,199 Speaker 1: mindlessly cheering on Democratic politicians. That came because people forced 144 00:08:47,400 --> 00:08:54,160 Speaker 1: Democratic leaders kicking and screaming to finally electorally to finally respond, 145 00:08:54,440 --> 00:08:59,400 Speaker 1: because those Democratic politicians felt electorally threatened, they felt existentially 146 00:08:59,440 --> 00:09:02,360 Speaker 1: threatened in their jobs. And so I think if this 147 00:09:02,520 --> 00:09:05,280 Speaker 1: is the turning point, If the Row case, the overturning 148 00:09:05,320 --> 00:09:09,200 Speaker 1: of Roe is the catalyst for the mainstreaming of a 149 00:09:09,240 --> 00:09:12,480 Speaker 1: realization that the only way the Democratic Party is going 150 00:09:12,520 --> 00:09:16,880 Speaker 1: to produce is if voters, nor me Democratic voters get 151 00:09:16,920 --> 00:09:20,959 Speaker 1: more engaged and make actual demands, then that turning point, 152 00:09:21,000 --> 00:09:23,720 Speaker 1: as horrible as that overturning of Roe is, that's the 153 00:09:23,760 --> 00:09:28,120 Speaker 1: silver lining. There. Last question for you, David, because you 154 00:09:28,120 --> 00:09:30,280 Speaker 1: know I said something to the fact when we were 155 00:09:30,280 --> 00:09:33,120 Speaker 1: talking on lever Live about similar like you got to 156 00:09:33,120 --> 00:09:35,679 Speaker 1: hold him accountable. And I sort of cringed at myself 157 00:09:35,720 --> 00:09:37,400 Speaker 1: when I said it because it sounded a lot like, 158 00:09:37,440 --> 00:09:39,640 Speaker 1: you know, the people who were like pull Biden, don't worry, 159 00:09:39,640 --> 00:09:43,280 Speaker 1: we're going to pull Biden left when he got the nomination, 160 00:09:43,360 --> 00:09:46,040 Speaker 1: which I was always like, that's not going to have him, 161 00:09:46,120 --> 00:09:48,080 Speaker 1: Like we know what this guy is and we've seen 162 00:09:48,120 --> 00:09:51,120 Speaker 1: what he is and none of that has actually worked out. 163 00:09:51,760 --> 00:09:54,160 Speaker 1: They're still managing somehow to blame the left, even though 164 00:09:54,200 --> 00:09:57,040 Speaker 1: he's completely rejected the ideas that have come from the left. 165 00:09:57,360 --> 00:10:01,000 Speaker 1: So be a little more specific about when we say 166 00:10:01,559 --> 00:10:05,439 Speaker 1: hold them accountable, what does that actually mean, what does 167 00:10:05,480 --> 00:10:09,000 Speaker 1: that look like, and what does how does that play out? 168 00:10:09,440 --> 00:10:12,239 Speaker 1: Sure look, I think first and foremost in democratic primaries 169 00:10:12,280 --> 00:10:15,800 Speaker 1: that conservative Democrats need to have challengers all the time, 170 00:10:15,920 --> 00:10:18,920 Speaker 1: really strong challengers, and it doesn't take many to do. 171 00:10:19,240 --> 00:10:21,680 Speaker 1: It doesn't take many wins to scare the rest of 172 00:10:21,720 --> 00:10:25,480 Speaker 1: them into thinking through whether they want a primary the 173 00:10:25,520 --> 00:10:27,400 Speaker 1: next time around, and whether they want to deal with 174 00:10:27,400 --> 00:10:29,760 Speaker 1: a primary. That's the dynamic, by the way, that you 175 00:10:29,840 --> 00:10:33,360 Speaker 1: have in the Republican Party. The Republican Party. Republican candidates 176 00:10:33,400 --> 00:10:37,800 Speaker 1: are afraid of their right. The Democratic Party candidates essentially 177 00:10:37,800 --> 00:10:41,960 Speaker 1: take their left or the progressive base for granted because 178 00:10:42,160 --> 00:10:45,120 Speaker 1: the Republican Party they have primaries all the time. The 179 00:10:45,160 --> 00:10:47,800 Speaker 1: Democratic Party, the culture is to look down on primaries, 180 00:10:47,800 --> 00:10:50,440 Speaker 1: try to prevent them from happening, to kind of scoff 181 00:10:50,480 --> 00:10:52,840 Speaker 1: at them. So I think that's one of the major 182 00:10:52,880 --> 00:10:56,720 Speaker 1: ways the Democratic base has to get over the idea 183 00:10:56,960 --> 00:11:02,400 Speaker 1: that primaries are bad. Primaries are good. That is the 184 00:11:02,440 --> 00:11:05,640 Speaker 1: democracy in the Democratic Party, or at least it should be, 185 00:11:05,679 --> 00:11:08,080 Speaker 1: and it hasn't been enough for a very long time. 186 00:11:08,440 --> 00:11:11,480 Speaker 1: I think that Congress has a lot of power to 187 00:11:11,559 --> 00:11:14,640 Speaker 1: do things that Biden may or may not want. There's 188 00:11:14,640 --> 00:11:16,480 Speaker 1: a lot of focus on what Biden should do at 189 00:11:16,480 --> 00:11:19,160 Speaker 1: the executive branch level. He has not signed a stack 190 00:11:19,200 --> 00:11:22,840 Speaker 1: of executive orders. It's totally unacceptable, it's a total betrayal. 191 00:11:23,040 --> 00:11:25,520 Speaker 1: But I think that when I think the Democratic Congress 192 00:11:25,520 --> 00:11:28,360 Speaker 1: has plenty of power to send things to Biden's desk 193 00:11:29,360 --> 00:11:32,800 Speaker 1: and to make him try to choose whether to veto 194 00:11:32,880 --> 00:11:37,000 Speaker 1: bills or sign them. Now, obviously you have the filibuster 195 00:11:37,320 --> 00:11:39,960 Speaker 1: that's a huge problem, but I also think that it's 196 00:11:40,080 --> 00:11:43,240 Speaker 1: outside of the sphere of legislation in the sense of 197 00:11:43,559 --> 00:11:46,840 Speaker 1: even raising awareness of what's being slipped into bills, what's 198 00:11:46,920 --> 00:11:51,120 Speaker 1: not passing, what executive orders aren't being signed, to essentially 199 00:11:51,400 --> 00:11:55,640 Speaker 1: educate the Democratic electorate about what the party could do 200 00:11:55,960 --> 00:11:58,480 Speaker 1: and what it's not doing. Because I agree with you, 201 00:11:58,720 --> 00:12:02,200 Speaker 1: I don't necessarily think think Joe Biden in right now 202 00:12:02,320 --> 00:12:04,600 Speaker 1: is going to be wake up one day and decide 203 00:12:04,640 --> 00:12:08,000 Speaker 1: to move to the left or be more responsive to 204 00:12:08,360 --> 00:12:11,440 Speaker 1: to the Democratic base. This is a long term project. 205 00:12:11,440 --> 00:12:13,720 Speaker 1: This is thirty forty years of culture that needs to 206 00:12:13,800 --> 00:12:16,920 Speaker 1: change inside the Democratic Party. And I think, and maybe 207 00:12:16,960 --> 00:12:19,240 Speaker 1: I'm a hopeless optimist, but I think we may be 208 00:12:19,320 --> 00:12:23,000 Speaker 1: at the turning point where that entire culture starts to 209 00:12:23,080 --> 00:12:26,199 Speaker 1: change right now over not just one election, but many 210 00:12:26,240 --> 00:12:29,839 Speaker 1: elections and many legislative cycles. The last thing I'll say 211 00:12:29,880 --> 00:12:32,760 Speaker 1: about this, which I think is really important, is, you know, 212 00:12:32,840 --> 00:12:36,040 Speaker 1: they always had this pardon the pun but Trump card 213 00:12:36,840 --> 00:12:39,920 Speaker 1: of you got to vote for us because we got 214 00:12:39,960 --> 00:12:42,560 Speaker 1: to defeat the Republic. They're terrible. Donald Trump is awful. 215 00:12:42,720 --> 00:12:46,520 Speaker 1: That is all certainly the case, and the media really 216 00:12:46,559 --> 00:12:48,680 Speaker 1: backed him up with this story that you got to 217 00:12:48,679 --> 00:12:51,040 Speaker 1: go with the centrist Joe Biden because he's the one 218 00:12:51,080 --> 00:12:54,440 Speaker 1: that the you know, theoretical factory worker in the Midwest 219 00:12:54,520 --> 00:12:57,400 Speaker 1: or whatever is going to feel comfortable with and vote for. 220 00:12:57,720 --> 00:13:02,840 Speaker 1: And now he's in office and we see how terrible 221 00:13:02,880 --> 00:13:05,480 Speaker 1: his approval ratings are and we see that he's losing 222 00:13:05,520 --> 00:13:09,640 Speaker 1: an headhead rematches against Donald Trump. They really don't have 223 00:13:09,679 --> 00:13:12,320 Speaker 1: that ability to say you got to stick with us 224 00:13:12,400 --> 00:13:16,360 Speaker 1: because of electability, And so I think that also opens 225 00:13:16,440 --> 00:13:19,160 Speaker 1: up a potential avenue here because it is very hard 226 00:13:19,160 --> 00:13:21,720 Speaker 1: to overcome. I understand why people say, you know, yah, 227 00:13:21,760 --> 00:13:23,640 Speaker 1: we'd like to do more, but god, we just got 228 00:13:23,640 --> 00:13:25,960 Speaker 1: to make sure that we hold onto the White House. 229 00:13:26,360 --> 00:13:28,560 Speaker 1: I don't think they can lean on that this time around, 230 00:13:28,559 --> 00:13:32,160 Speaker 1: because he is in such a manifestly poor position in 231 00:13:32,240 --> 00:13:36,000 Speaker 1: order to get re elected. I completely agree. That point 232 00:13:36,080 --> 00:13:38,960 Speaker 1: is such a good point that it has usually been 233 00:13:39,000 --> 00:13:42,920 Speaker 1: that you have to not be responsive to the base 234 00:13:43,080 --> 00:13:44,959 Speaker 1: in order to win elections. That's been the argument. I 235 00:13:45,000 --> 00:13:47,520 Speaker 1: think it's a lot of nonsense, but that's been the argument, 236 00:13:47,720 --> 00:13:51,320 Speaker 1: and when a president is decent in approval ratings, the 237 00:13:51,480 --> 00:13:55,760 Speaker 1: argument has some salience. Now that argument has collapsed, I 238 00:13:55,760 --> 00:14:00,040 Speaker 1: would argue that Biden, biden Ism and the corporate wing 239 00:14:00,120 --> 00:14:04,640 Speaker 1: of the Democratic Party has gotten everything policy wise that 240 00:14:04,760 --> 00:14:07,240 Speaker 1: it wants. It got an infrastructure bill, it did not 241 00:14:07,320 --> 00:14:10,440 Speaker 1: get the Build Back Better bill, it has not gotten 242 00:14:10,520 --> 00:14:13,880 Speaker 1: a New New Deal, if you will, and now it 243 00:14:13,960 --> 00:14:16,400 Speaker 1: is sitting there with some of the lowest approval ratings 244 00:14:16,400 --> 00:14:19,640 Speaker 1: heading into a midterm that we've seen in modern history. So, 245 00:14:19,680 --> 00:14:23,040 Speaker 1: in other words, they got everything they wanted. The left 246 00:14:23,120 --> 00:14:27,560 Speaker 1: has very little, if any legislative power in any real sense, 247 00:14:27,920 --> 00:14:31,520 Speaker 1: and that was supposed to result, according to their story, 248 00:14:32,000 --> 00:14:36,120 Speaker 1: in them having hugely sky high approval ratings. Instead, their 249 00:14:36,120 --> 00:14:39,200 Speaker 1: approval ratings have collapsed. It is a political crisis of 250 00:14:39,240 --> 00:14:42,560 Speaker 1: epic proportions, which proves the point in my view, that 251 00:14:43,600 --> 00:14:47,120 Speaker 1: by crapping on the base, by putting their foot in 252 00:14:47,200 --> 00:14:50,760 Speaker 1: the eye of the base of the Democratic Party, that's 253 00:14:50,840 --> 00:14:54,800 Speaker 1: actually the key, not only policy problem, it's the key 254 00:14:54,920 --> 00:14:59,240 Speaker 1: political problem, which basically creates an opportunity for millions of 255 00:14:59,280 --> 00:15:03,320 Speaker 1: Democratic BILK voters to realize that, to be educated about that, 256 00:15:03,480 --> 00:15:05,960 Speaker 1: to see that in practice, and say, you know what, 257 00:15:06,240 --> 00:15:09,120 Speaker 1: the way to actually try to win elections, to not 258 00:15:09,160 --> 00:15:12,200 Speaker 1: only do good things, but to also defeat the Republicans 259 00:15:12,480 --> 00:15:16,680 Speaker 1: is to actually deliver a real agenda, a popular agenda 260 00:15:16,760 --> 00:15:20,000 Speaker 1: that we the Democratic base actually wants. Well, I think 261 00:15:20,040 --> 00:15:22,720 Speaker 1: you could be right that there might be ultimately a 262 00:15:22,720 --> 00:15:26,520 Speaker 1: silver lining to know what is ultimately an a Churcio's decision. 263 00:15:26,640 --> 00:15:29,200 Speaker 1: So we will definitely be watching to see how it 264 00:15:29,240 --> 00:15:31,560 Speaker 1: all plays out. David, great to see as always, Thank you, 265 00:15:32,040 --> 00:15:34,960 Speaker 1: thank you. Some interesting comments from Charlamagne the God in 266 00:15:35,000 --> 00:15:38,240 Speaker 1: the wake of the Supreme Court overturning of Roe versus Wade. 267 00:15:38,320 --> 00:15:41,200 Speaker 1: He really is one of my favorite commentators, favorite interviewers 268 00:15:41,200 --> 00:15:44,480 Speaker 1: of politicians, definitely, because he just does not give a 269 00:15:44,520 --> 00:15:48,480 Speaker 1: single fuck. So here's what he had to say, knocking 270 00:15:48,560 --> 00:15:52,920 Speaker 1: Democrats for their failures to protect women's rights. He said, 271 00:15:53,160 --> 00:15:55,680 Speaker 1: and I quote, what we witnessed on Friday was the 272 00:15:55,720 --> 00:15:58,640 Speaker 1: cowardice of the Democratic Party catching up to them. He claimed. 273 00:15:58,680 --> 00:16:01,840 Speaker 1: Democrats have known quote what Republicans have been planning for decades, 274 00:16:01,880 --> 00:16:04,960 Speaker 1: because Republicans have never hidden their agenda. Very true, they 275 00:16:04,960 --> 00:16:06,840 Speaker 1: have shown and told us what play they are going 276 00:16:06,880 --> 00:16:10,280 Speaker 1: to run. For some reason, Democrats never crafted a defense 277 00:16:10,320 --> 00:16:13,160 Speaker 1: to stop them. Yes, it's easy to point the finger 278 00:16:13,240 --> 00:16:16,000 Speaker 1: at Donald Trump and Mitch McConnell, he said, but I 279 00:16:16,040 --> 00:16:20,360 Speaker 1: feel like the cowardice and inaction from Democrats caused a 280 00:16:20,400 --> 00:16:24,680 Speaker 1: lot of this. And he specifically cited former President Barack Obama, 281 00:16:25,600 --> 00:16:27,640 Speaker 1: you know, saying that he would codify Row on the 282 00:16:27,640 --> 00:16:33,880 Speaker 1: campaign trail, having a supermajority and doing nothing. I mean, 283 00:16:33,880 --> 00:16:37,520 Speaker 1: it's just undeniably the case. And to hear someone like 284 00:16:37,680 --> 00:16:41,880 Speaker 1: Charliemagne say this and hear it echoed, you know, certainly 285 00:16:41,920 --> 00:16:45,640 Speaker 1: with young protesters, a lot of just regular kind of 286 00:16:45,640 --> 00:16:49,360 Speaker 1: normy Libs waking up to the fact that Democrats have 287 00:16:49,440 --> 00:16:53,080 Speaker 1: had decades to prepare for what they knew was coming. 288 00:16:53,880 --> 00:16:56,360 Speaker 1: Barack Obama had the chance to do something about it. 289 00:16:56,520 --> 00:16:58,880 Speaker 1: Joe Biden had the chance, at least after the leak 290 00:16:59,000 --> 00:17:02,880 Speaker 1: draft came out, to prepare some kind of response, some 291 00:17:03,040 --> 00:17:08,440 Speaker 1: kind of agenda, some kind of some path forward for Democrats, 292 00:17:08,520 --> 00:17:11,680 Speaker 1: and absolutely nothing. No. I mean, I think what was 293 00:17:11,720 --> 00:17:17,040 Speaker 1: interesting is to watch kind of more identitarian, more just 294 00:17:17,119 --> 00:17:21,280 Speaker 1: non traditional political constituencies who generally put a lot of 295 00:17:21,280 --> 00:17:24,240 Speaker 1: faith in the Democratic Party and into the media be like, 296 00:17:24,280 --> 00:17:26,560 Speaker 1: hold on a second. Wait, you said in oh eight 297 00:17:26,760 --> 00:17:28,600 Speaker 1: you were going to codify it into law when you 298 00:17:28,720 --> 00:17:31,080 Speaker 1: actually had the votes, and then you didn't do it, 299 00:17:31,160 --> 00:17:33,320 Speaker 1: So why didn't you do that? And you know Obama 300 00:17:33,400 --> 00:17:35,320 Speaker 1: has not been This would be a great question to 301 00:17:35,560 --> 00:17:38,240 Speaker 1: MSNBC the next time they score their Obama question. Somebody 302 00:17:38,240 --> 00:17:40,080 Speaker 1: should ask him, like, wait, why didn't you do that 303 00:17:40,119 --> 00:17:42,560 Speaker 1: while you were in office and you had sixty votes. 304 00:17:42,560 --> 00:17:44,520 Speaker 1: He'd probably say, well, you know, I only have so 305 00:17:44,600 --> 00:17:46,720 Speaker 1: much on my plate. The presidency is like a ship. 306 00:17:46,760 --> 00:17:49,920 Speaker 1: You can only steer it in a couple directions. Obamacare, 307 00:17:50,040 --> 00:17:52,240 Speaker 1: all of that out of that workout for you politically. 308 00:17:52,800 --> 00:17:54,520 Speaker 1: I think these are great questions to ask any of 309 00:17:54,560 --> 00:17:56,719 Speaker 1: these leaders. Even you could go back as far as 310 00:17:56,880 --> 00:17:59,240 Speaker 1: what ninety three. Bill Clinton I believe ran on the 311 00:17:59,240 --> 00:18:01,840 Speaker 1: exact same thing. I don't know about codifying, but safe 312 00:18:01,920 --> 00:18:04,480 Speaker 1: legal and rare came up with that standard and probably 313 00:18:04,520 --> 00:18:07,560 Speaker 1: had a better chance than anybody it actually passing something 314 00:18:08,040 --> 00:18:11,439 Speaker 1: in ninety three whenever they had control of Congress. That 315 00:18:11,600 --> 00:18:14,840 Speaker 1: also isn't really something that people really discuss. So there 316 00:18:14,920 --> 00:18:17,199 Speaker 1: is a political failure and a legacy all at the 317 00:18:17,200 --> 00:18:20,000 Speaker 1: time when like you said, I mean, the conservative legal 318 00:18:20,000 --> 00:18:22,000 Speaker 1: movement has been very open. They're like, we're going to owen. 319 00:18:22,080 --> 00:18:24,639 Speaker 1: This is what we're doing all the way plan, here's 320 00:18:24,640 --> 00:18:27,439 Speaker 1: our organization, this is the track we're on. Like it 321 00:18:27,480 --> 00:18:29,840 Speaker 1: was also since ninety two, they were like, hey, President Bush, 322 00:18:29,880 --> 00:18:33,160 Speaker 1: you need to appoint somebody who is going to return you. Actually, 323 00:18:33,160 --> 00:18:38,359 Speaker 1: people still in that community despise Anthony Kennedy and President 324 00:18:38,600 --> 00:18:41,280 Speaker 1: hw Bush for putting him on the court because he 325 00:18:41,720 --> 00:18:45,240 Speaker 1: codified was a casey right the nineteen ninety two caselot. 326 00:18:45,240 --> 00:18:47,840 Speaker 1: He's the one who basically forced things in that direction. 327 00:18:47,880 --> 00:18:50,000 Speaker 1: They're like, never again, we're not going to do Casey again. 328 00:18:50,040 --> 00:18:52,280 Speaker 1: So that's when they started putting even more pressure on 329 00:18:52,359 --> 00:18:55,600 Speaker 1: the presidents, and conservative presidents specifically, in order to ramp 330 00:18:55,680 --> 00:18:57,399 Speaker 1: up their scrutiny for who they were going to point 331 00:18:57,480 --> 00:18:59,240 Speaker 1: to the court. That's why there really hasn't been a 332 00:18:59,280 --> 00:19:02,040 Speaker 1: quote unquote wish on the court, at least on ro 333 00:19:02,160 --> 00:19:05,040 Speaker 1: VERSUS waited since then because of a massive political organizing 334 00:19:05,040 --> 00:19:07,239 Speaker 1: effort on their part. Yeah, and you know what, if 335 00:19:07,280 --> 00:19:09,440 Speaker 1: you're not going to do anything about it, at least 336 00:19:09,480 --> 00:19:11,560 Speaker 1: don't lie to people and try to fundraise off of it. 337 00:19:11,840 --> 00:19:13,800 Speaker 1: I mean, if you're just if you're like, yeah, there's 338 00:19:13,800 --> 00:19:16,600 Speaker 1: nothing we can do, and even if you get us reelected, 339 00:19:16,640 --> 00:19:18,399 Speaker 1: there's not really anything we can do about it. But 340 00:19:18,400 --> 00:19:20,080 Speaker 1: at least we won't be the Republicans to try to 341 00:19:20,080 --> 00:19:23,480 Speaker 1: pass a nationwide band. At least be honest about that. 342 00:19:23,760 --> 00:19:26,760 Speaker 1: Don't send out these fundraising missives, send us fifteen dollars 343 00:19:26,800 --> 00:19:29,280 Speaker 1: pretending like you've got some freaking plan that you don't 344 00:19:29,560 --> 00:19:31,600 Speaker 1: when all you really have is like whatever your cringe 345 00:19:31,640 --> 00:19:34,240 Speaker 1: poem Nancy Pelosi that you're going to read and no 346 00:19:34,400 --> 00:19:39,240 Speaker 1: real plan of action. Don't do that. I do think 347 00:19:39,720 --> 00:19:42,960 Speaker 1: with this in particular, there is a little bit of 348 00:19:43,640 --> 00:19:47,080 Speaker 1: an awakening among these sort of core democratic base that 349 00:19:47,280 --> 00:19:52,440 Speaker 1: sees so clearly Ian. The perfect example is here's Pelosi. Oh, 350 00:19:52,480 --> 00:19:55,919 Speaker 1: she's reading her poem. She's so sad, so upset. You 351 00:19:56,119 --> 00:20:00,959 Speaker 1: literally just dragged an anti choice law maker over the 352 00:20:00,960 --> 00:20:04,000 Speaker 1: finish line by a few hundred votes. I mean, the 353 00:20:04,119 --> 00:20:07,600 Speaker 1: hypocrisy of that is so in your face that you 354 00:20:07,680 --> 00:20:11,600 Speaker 1: just can't deny that these people are not serious that 355 00:20:11,720 --> 00:20:14,280 Speaker 1: you know, as Charlemagne says, this is a lot about 356 00:20:14,320 --> 00:20:18,240 Speaker 1: their their cowardice and they're in action that led to 357 00:20:18,280 --> 00:20:22,200 Speaker 1: this point ultimately, so you know, he's, uh, he's one 358 00:20:22,240 --> 00:20:24,800 Speaker 1: who's not afraid to He had a Pete Boodha judge 359 00:20:24,840 --> 00:20:26,520 Speaker 1: on the show, and he kind of pushed him on 360 00:20:26,560 --> 00:20:28,280 Speaker 1: some things. Of course he's the one. He should push 361 00:20:28,320 --> 00:20:31,040 Speaker 1: him on. Why the freaking airlines don't he absolutely should 362 00:20:31,760 --> 00:20:34,080 Speaker 1: he Also, you don't remember you had that famous moment 363 00:20:34,080 --> 00:20:36,200 Speaker 1: with Elizabeth Lauren where he was like, oh, so you're 364 00:20:36,200 --> 00:20:42,040 Speaker 1: the new Rachel y'all. He puts you on the black moment, 365 00:20:42,560 --> 00:20:46,760 Speaker 1: so it shows you, uh, what you can do when 366 00:20:47,080 --> 00:20:50,080 Speaker 1: you don't care about access, when you aren't in the club. 367 00:20:50,440 --> 00:20:52,600 Speaker 1: In the same time, and Kamala going after her, and 368 00:20:52,640 --> 00:20:55,280 Speaker 1: she was like, I'm sorry, Charlemagne, we were running out 369 00:20:55,280 --> 00:20:57,280 Speaker 1: of time. He's like, oh, I forgot about He was 370 00:20:57,320 --> 00:21:00,359 Speaker 1: like to pretend they don't hear me. Yeah, that was 371 00:21:00,359 --> 00:21:02,919 Speaker 1: a great moment too. So anyway, I think it's an 372 00:21:02,920 --> 00:21:05,560 Speaker 1: interesting sign of how people are feeling. And the last 373 00:21:05,560 --> 00:21:10,520 Speaker 1: thing I'll say is Biden won the primary based on electability. 374 00:21:11,040 --> 00:21:13,879 Speaker 1: He no longer has electability. I mean, he no longer 375 00:21:13,880 --> 00:21:16,000 Speaker 1: can make the case if you look at Poles, you 376 00:21:16,000 --> 00:21:18,120 Speaker 1: can no longer may you got to stick with me though, 377 00:21:18,160 --> 00:21:20,440 Speaker 1: no matter how disappointed you are. So I do think 378 00:21:20,480 --> 00:21:25,159 Speaker 1: it opens up new avenue of critique and potential challenge 379 00:21:25,160 --> 00:21:27,320 Speaker 1: to him. Absolutely. I always cause a little bit of 380 00:21:27,359 --> 00:21:29,520 Speaker 1: a stir online Christally, you know, I'm a little bit 381 00:21:29,520 --> 00:21:32,840 Speaker 1: of a shit poster. Yeah, and found myself getting canceled 382 00:21:32,880 --> 00:21:35,919 Speaker 1: by the continent of Europe. People are very upset. So 383 00:21:36,240 --> 00:21:39,040 Speaker 1: let's go ahead and put this up there on the screen. 384 00:21:39,280 --> 00:21:43,200 Speaker 1: So this guy, Peer Richelson, he tweets this, Okay, serious question. 385 00:21:43,520 --> 00:21:46,040 Speaker 1: What keeps the average American that can afford it from 386 00:21:46,119 --> 00:21:49,879 Speaker 1: moving to Europe? Please enlighten me beyond the please beyond 387 00:21:49,880 --> 00:21:52,400 Speaker 1: the being able to afford it? Here's what I said. 388 00:21:52,480 --> 00:21:56,359 Speaker 1: I have all long hated Eurocope online, So here's what 389 00:21:56,440 --> 00:21:59,880 Speaker 1: I said. Europe is substantially poor, more racist, less nina 390 00:22:00,119 --> 00:22:02,760 Speaker 1: make much less free than the United States. Food is bland, 391 00:22:02,840 --> 00:22:05,159 Speaker 1: the coffee tastes like shit, the weather is mostly awful. 392 00:22:05,320 --> 00:22:08,320 Speaker 1: Their primary cultural export is tourism, and they have less 393 00:22:08,359 --> 00:22:10,639 Speaker 1: say in the affairs of the world. I followed it 394 00:22:10,720 --> 00:22:13,120 Speaker 1: up and said I would rather drink gas station coffee 395 00:22:13,119 --> 00:22:16,040 Speaker 1: for the rest of my life than another bullshit seven 396 00:22:16,080 --> 00:22:18,960 Speaker 1: euro espresso in your average euro capital. And then I 397 00:22:19,040 --> 00:22:21,960 Speaker 1: just followed it up with another tweet of myself drinking 398 00:22:22,000 --> 00:22:26,240 Speaker 1: a nice full American drip coffee. Crystal, what do you 399 00:22:26,240 --> 00:22:28,480 Speaker 1: think are you on? The euro side? Has started a 400 00:22:28,480 --> 00:22:31,680 Speaker 1: ship storm. When I start getting like, I get mentioned 401 00:22:31,760 --> 00:22:35,840 Speaker 1: of like come get your boy. He's ruining the brand. 402 00:22:36,119 --> 00:22:39,080 Speaker 1: This is a very broad brush with which you are 403 00:22:39,119 --> 00:22:42,440 Speaker 1: painting an entire continent. That's true. That's true. I stand 404 00:22:42,440 --> 00:22:44,879 Speaker 1: by it. Though. Number One, there is a lot of 405 00:22:44,920 --> 00:22:48,280 Speaker 1: wonderful food in Europe. I have not been to Italy 406 00:22:48,720 --> 00:22:51,239 Speaker 1: or Greece, but I love the cuisines of both. I've 407 00:22:51,280 --> 00:22:53,320 Speaker 1: been to both, and I have heard wonderful things. They're 408 00:22:53,359 --> 00:22:56,040 Speaker 1: both fun. I have been to Spain. Spanish food I 409 00:22:56,040 --> 00:22:59,280 Speaker 1: think is also wonderful. French food I will say is overrated, 410 00:22:59,280 --> 00:23:02,160 Speaker 1: and everybody's right when they say that English food does suck. 411 00:23:03,000 --> 00:23:05,919 Speaker 1: So on food, I think you have an array of 412 00:23:06,080 --> 00:23:09,600 Speaker 1: amazing options depending on what country you are in. In 413 00:23:09,680 --> 00:23:12,639 Speaker 1: terms of them being less free, actually really disagree with 414 00:23:12,640 --> 00:23:18,639 Speaker 1: this one because it depends. So my definition of freedom includes, 415 00:23:18,880 --> 00:23:22,840 Speaker 1: you know, having the sort of positive liberty of social 416 00:23:22,880 --> 00:23:27,320 Speaker 1: programs that allow people to live and thrive and achieve 417 00:23:27,520 --> 00:23:30,639 Speaker 1: and have happiness. And if you look at the you know, 418 00:23:30,960 --> 00:23:35,120 Speaker 1: sort of well being rankings of our country versus Europe, 419 00:23:35,400 --> 00:23:37,640 Speaker 1: we do terribly. I mean, first of all, of course 420 00:23:37,680 --> 00:23:39,840 Speaker 1: they have universal healthcare, they have a lot more soliship. 421 00:23:39,840 --> 00:23:41,639 Speaker 1: If you look at France, you know, people who have 422 00:23:41,760 --> 00:23:44,840 Speaker 1: kids are way more supported in certainly in France, but 423 00:23:44,920 --> 00:23:47,280 Speaker 1: in a lot of these countries. So I do not 424 00:23:47,480 --> 00:23:51,000 Speaker 1: buy at all that they are less dynamic, that they 425 00:23:51,080 --> 00:23:54,679 Speaker 1: are substantially poor when you consider that the massive amounts 426 00:23:54,680 --> 00:23:57,120 Speaker 1: of inequality that we have, so you have much more 427 00:23:57,160 --> 00:24:02,360 Speaker 1: broader shared prosperity in Europe. The weather again really depends, 428 00:24:02,359 --> 00:24:05,040 Speaker 1: Like Spain has a wonderful recess weather Italy has a 429 00:24:05,080 --> 00:24:06,679 Speaker 1: wonderful weather. I don't know about that. There's a thing 430 00:24:06,720 --> 00:24:09,320 Speaker 1: about Italy. Think about Italy. Consider this. They get as 431 00:24:09,400 --> 00:24:12,679 Speaker 1: much sunlight on the average average square miles on Italy 432 00:24:13,000 --> 00:24:16,400 Speaker 1: as Boston. Okay, that's how far. People forget how far 433 00:24:16,520 --> 00:24:19,840 Speaker 1: north Europe is. It's like living in Maine. Listen, Main 434 00:24:19,960 --> 00:24:22,000 Speaker 1: is nice and I have very I'm not living You 435 00:24:22,040 --> 00:24:24,439 Speaker 1: and I have very different weather provinces. That's true. You 436 00:24:24,520 --> 00:24:27,080 Speaker 1: love the heat. I hate the heat, the humidity during 437 00:24:27,080 --> 00:24:30,800 Speaker 1: the DC in the summer. No, thank you, So definitely 438 00:24:30,840 --> 00:24:33,919 Speaker 1: disagree on that. There's a lot of like that. Mediterranean 439 00:24:33,960 --> 00:24:39,119 Speaker 1: climate is amazing. You have your health nuts are the 440 00:24:39,160 --> 00:24:46,679 Speaker 1: healthiest places in the world. But this is the Blue Zone, 441 00:24:46,760 --> 00:24:51,439 Speaker 1: the Mediterranean diet, healthiest place in the world, walkable, beautiful cities, 442 00:24:51,480 --> 00:24:54,880 Speaker 1: and even this idea, their primary culture expert is towards them. Yeah, 443 00:24:54,920 --> 00:24:57,959 Speaker 1: because people want to go there because it's all advice. 444 00:24:58,080 --> 00:25:00,160 Speaker 1: They don't invent anything. All right, when's the last time 445 00:25:00,200 --> 00:25:04,600 Speaker 1: you had an invention that major world changing invention? Here? 446 00:25:04,640 --> 00:25:08,760 Speaker 1: Hold on, our economy is like based on Wall Street financialization. 447 00:25:08,960 --> 00:25:12,760 Speaker 1: That's our whole thing. Our our innovations are like rapid. 448 00:25:12,840 --> 00:25:15,520 Speaker 1: What's it called like rapid trading. What's the name high 449 00:25:15,560 --> 00:25:19,240 Speaker 1: frequency trading? But they copy that rus Our innovations are 450 00:25:19,400 --> 00:25:24,560 Speaker 1: like our innovations are like high frequency trading, uh CIA coups. 451 00:25:24,600 --> 00:25:27,480 Speaker 1: That's one of our great interviews. They that. So it's 452 00:25:27,520 --> 00:25:30,880 Speaker 1: not like our economy it's some marvel of like innovation, 453 00:25:31,040 --> 00:25:33,879 Speaker 1: productivity or anything like that. It's a marvel of like 454 00:25:34,080 --> 00:25:38,480 Speaker 1: tax avoidance, ringing the political system, and hyper financialization. That's 455 00:25:38,520 --> 00:25:42,280 Speaker 1: our major export around the world. So look, I do 456 00:25:42,359 --> 00:25:46,119 Speaker 1: love where I live. I have no intention of moving 457 00:25:46,160 --> 00:25:48,359 Speaker 1: to Europe, but I do think that there are a 458 00:25:48,400 --> 00:25:50,520 Speaker 1: lot of things that we could learn from the Europeans 459 00:25:50,520 --> 00:25:53,400 Speaker 1: that would make us a lot happier here at home. 460 00:25:54,520 --> 00:25:56,760 Speaker 1: What keeps the average American that can afford it from 461 00:25:56,760 --> 00:25:59,760 Speaker 1: moving to Europe? Listen, home is home, right, Also, if 462 00:25:59,760 --> 00:26:01,719 Speaker 1: you can afforded a critique of home, home is home. 463 00:26:01,760 --> 00:26:03,320 Speaker 1: If you can afford it, your quality of life here 464 00:26:03,359 --> 00:26:05,400 Speaker 1: is better. I'm just gonna say it. That's true. Well, 465 00:26:05,440 --> 00:26:07,560 Speaker 1: I mean, if you can afford to move to Europe, 466 00:26:07,560 --> 00:26:09,920 Speaker 1: there's no way you're gonna have better quality of life 467 00:26:09,960 --> 00:26:11,959 Speaker 1: than anywhere else. If you're if you're on the happy 468 00:26:12,000 --> 00:26:14,760 Speaker 1: side of the income divide in America. It's great. Oh. 469 00:26:14,800 --> 00:26:17,040 Speaker 1: I was actually saw hilarious tweet which was like, listen, 470 00:26:17,040 --> 00:26:18,840 Speaker 1: if you could afford to Europe, you're probably gonna get 471 00:26:18,840 --> 00:26:21,359 Speaker 1: the best healthcare in the world because it's more expensive. 472 00:26:21,480 --> 00:26:24,440 Speaker 1: You know what. That that is really that is really, 473 00:26:24,480 --> 00:26:27,439 Speaker 1: actually true. So I just want to address one thing 474 00:26:27,480 --> 00:26:30,080 Speaker 1: on this screedom point. I agree with you certainly it 475 00:26:30,200 --> 00:26:33,480 Speaker 1: is better to be a probably lower to middle class 476 00:26:33,520 --> 00:26:36,719 Speaker 1: person in Europe than probably anywhere else on the globe. 477 00:26:36,760 --> 00:26:39,840 Speaker 1: But also they don't have actual guaranteed bill of rights, 478 00:26:40,000 --> 00:26:42,600 Speaker 1: so you can just have your assets c's you can't 479 00:26:42,600 --> 00:26:44,879 Speaker 1: own a gun the cops there. I mean, I've been 480 00:26:45,000 --> 00:26:47,800 Speaker 1: rolled up on cops in Poland and elsewhere, but for 481 00:26:47,920 --> 00:26:50,000 Speaker 1: the color of my skin, I might add, it's very 482 00:26:50,000 --> 00:26:53,439 Speaker 1: convenient they didn't go after anybody else. But listen, I 483 00:26:53,480 --> 00:26:56,159 Speaker 1: got no recourse in a Polish court, or same in 484 00:26:56,480 --> 00:26:58,479 Speaker 1: even in the UK. You know, in the UK they 485 00:26:58,480 --> 00:27:01,119 Speaker 1: can just cancel your passport and kill you. You have 486 00:27:01,280 --> 00:27:04,399 Speaker 1: no actual rights. The Home Secretary of UK can just 487 00:27:04,400 --> 00:27:06,399 Speaker 1: be like, you know what, you're not a citizen anymore, 488 00:27:06,440 --> 00:27:08,199 Speaker 1: and then they can drop a drone on your ass. 489 00:27:08,359 --> 00:27:11,399 Speaker 1: So listen, I would just say these are very, very 490 00:27:11,720 --> 00:27:14,239 Speaker 1: vital things to the American way of life. As far 491 00:27:14,280 --> 00:27:17,200 Speaker 1: as the food, look, it's mostly a joke. Here's the thing, guys. 492 00:27:17,280 --> 00:27:19,639 Speaker 1: I'm Indian and I grew up in Texas, which is 493 00:27:19,720 --> 00:27:22,800 Speaker 1: both probably two and so I have exposure to tex 494 00:27:22,880 --> 00:27:25,840 Speaker 1: mex cuisine and Indian cuisine, which are probably what some 495 00:27:25,880 --> 00:27:28,240 Speaker 1: of the most spiced foods on the planet. Yeah, my 496 00:27:28,359 --> 00:27:32,639 Speaker 1: preference Burmese food, Thai food. Like, my top cuisine is 497 00:27:32,800 --> 00:27:36,160 Speaker 1: South America, the Middle East. I love the Middle East. 498 00:27:36,160 --> 00:27:38,320 Speaker 1: That's why even Greece is like bland to me. London 499 00:27:38,920 --> 00:27:40,640 Speaker 1: have like the best Indian rights. I was gonna say, 500 00:27:40,840 --> 00:27:42,840 Speaker 1: that's why people were like, oh, we've only been in England. 501 00:27:42,960 --> 00:27:44,919 Speaker 1: I love London. They have the best food. They have 502 00:27:44,960 --> 00:27:47,480 Speaker 1: my favorite food. You can get food from all over Asia. 503 00:27:47,760 --> 00:27:50,440 Speaker 1: On top of that, I would put any mid tier 504 00:27:50,520 --> 00:27:55,400 Speaker 1: American city against most euro capitals outside of maybe Paris 505 00:27:55,680 --> 00:27:59,560 Speaker 1: and of London, simply because even in Chicago you could 506 00:27:59,600 --> 00:28:04,040 Speaker 1: go eat the most diverse array both of your Perrogi's 507 00:28:04,080 --> 00:28:07,280 Speaker 1: and whatever Polish food people are eating these days, with 508 00:28:07,440 --> 00:28:10,560 Speaker 1: some Thai food, some Japanese food, all of that not 509 00:28:10,680 --> 00:28:13,720 Speaker 1: the case in the rest of Europe, so they can 510 00:28:13,800 --> 00:28:16,600 Speaker 1: keep their also on the coffee, it tastes like shit, 511 00:28:17,119 --> 00:28:19,159 Speaker 1: I did. I'm sick of these bullshit espressos over that. 512 00:28:19,880 --> 00:28:21,440 Speaker 1: I don't have an opinion on the I don't have 513 00:28:21,480 --> 00:28:23,680 Speaker 1: a well formed take on the coffee, so I'll let 514 00:28:23,680 --> 00:28:27,440 Speaker 1: that that one go. But I know others would dissent greatly, 515 00:28:27,520 --> 00:28:31,439 Speaker 1: and I represent them. I think, yeah, whatever. But on 516 00:28:31,480 --> 00:28:36,120 Speaker 1: the freedom point, you know, even on the gun owning piece, like, okay, 517 00:28:36,320 --> 00:28:38,440 Speaker 1: so you have a right to have, you know, an 518 00:28:38,640 --> 00:28:42,160 Speaker 1: AR fifteen when you're eighteen years old. But compare that 519 00:28:42,200 --> 00:28:45,280 Speaker 1: freedom to the freedom to live in a neighborhood that 520 00:28:45,400 --> 00:28:49,160 Speaker 1: isn't like, you know, crime riddled and violent and worried 521 00:28:49,160 --> 00:28:51,120 Speaker 1: about your kids going to school where there's going to 522 00:28:51,200 --> 00:28:54,880 Speaker 1: be mass shootings. So I think even on that level, 523 00:28:55,200 --> 00:28:58,680 Speaker 1: like you're only looking at the sort of negative freedom 524 00:28:58,760 --> 00:29:00,640 Speaker 1: side of the coin and not the pos a freedom 525 00:29:00,680 --> 00:29:03,000 Speaker 1: side of the coin. So again, if you look at 526 00:29:03,000 --> 00:29:07,480 Speaker 1: the happiness statistics, Europeans on average happier than Americans, much 527 00:29:07,560 --> 00:29:11,200 Speaker 1: less inequality, much less violence, especially gun violence. So I 528 00:29:11,200 --> 00:29:13,280 Speaker 1: do think that they have some things going for them 529 00:29:13,320 --> 00:29:17,200 Speaker 1: that again, I love our home. I enjoy living here. 530 00:29:17,440 --> 00:29:20,040 Speaker 1: This is you know, this is my place, but I 531 00:29:20,040 --> 00:29:22,560 Speaker 1: think that you are giving the Europeans a bad rap here. Well, 532 00:29:22,560 --> 00:29:24,720 Speaker 1: I'm mostly just enjoying seeing them all get pissed off. 533 00:29:24,720 --> 00:29:26,520 Speaker 1: They're like, oh yeah, and I'm like, they're like tweeting 534 00:29:26,520 --> 00:29:29,000 Speaker 1: at me from your seven hundred square foot flat with 535 00:29:29,160 --> 00:29:32,000 Speaker 1: like six people crammed in it, driving a car that 536 00:29:32,040 --> 00:29:34,960 Speaker 1: looks like it's a child's toy. Enjoy it, folks, you 537 00:29:35,000 --> 00:29:37,360 Speaker 1: can keep it. I'm loving our way of life over here. 538 00:29:37,520 --> 00:29:42,080 Speaker 1: I would rather go to Denny's, I'll say it. That's disgusting. 539 00:29:44,320 --> 00:29:47,080 Speaker 1: So in the wake of row versus way being overturned, 540 00:29:47,120 --> 00:29:48,959 Speaker 1: there are actually a number of corporations that came out 541 00:29:49,000 --> 00:29:51,160 Speaker 1: immediately and said, you know what, we're responding to this 542 00:29:51,240 --> 00:29:53,240 Speaker 1: by we're going to provide a benefit to our employees 543 00:29:53,240 --> 00:29:54,840 Speaker 1: if they have to travel out of state to get 544 00:29:54,840 --> 00:29:58,560 Speaker 1: an abortion, we are going to cover that. Starbucks, however, 545 00:29:58,960 --> 00:30:03,840 Speaker 1: which has been engaged aged in an astonishing, truly groundbreaking 546 00:30:04,160 --> 00:30:08,400 Speaker 1: union busting campaign as Starbucks stores unionized like wildfire across 547 00:30:08,400 --> 00:30:11,000 Speaker 1: the country, they went in a really special direction with 548 00:30:11,040 --> 00:30:13,160 Speaker 1: this sucker oly got put this up on the screen 549 00:30:13,240 --> 00:30:17,160 Speaker 1: from Stephen Greenhouse. So Starbucks said all partners who enrolled 550 00:30:17,160 --> 00:30:19,720 Speaker 1: in their healthcare plan would have access to those benefits 551 00:30:19,720 --> 00:30:23,280 Speaker 1: traveling across state lines for abortion, but it added it 552 00:30:23,320 --> 00:30:27,320 Speaker 1: could not make promises of guarantees about any benefits for 553 00:30:27,440 --> 00:30:30,480 Speaker 1: unionized stores. In Stephen Greenhouse's editorial, here is that it 554 00:30:30,520 --> 00:30:34,360 Speaker 1: is sad Starbucks exploits the Dobbs decision overturning road to 555 00:30:34,400 --> 00:30:37,560 Speaker 1: engage in some union busting tricks. Starbucks offers all employees 556 00:30:37,560 --> 00:30:39,960 Speaker 1: and role ins HEALTHPLA and access to abortion travel, but 557 00:30:40,160 --> 00:30:45,600 Speaker 1: claims it can't promise that benefit for its unionized stores. Now, 558 00:30:45,640 --> 00:30:49,040 Speaker 1: this is consistent with some bullshit that Starbucks has been 559 00:30:49,040 --> 00:30:54,520 Speaker 1: pulling before, which is potentially illegal union busting tactics, claiming 560 00:30:54,600 --> 00:30:57,440 Speaker 1: that we're going to offer new benefits to workers, but 561 00:30:57,720 --> 00:31:01,719 Speaker 1: not our union employees because because well we just we're 562 00:31:01,760 --> 00:31:05,320 Speaker 1: actually not technically allowed to do that, which is complete nonsense. 563 00:31:05,400 --> 00:31:06,880 Speaker 1: Of course, if you have a union, you have to 564 00:31:06,920 --> 00:31:09,760 Speaker 1: bargain with that union. That's the process of collective bargaining. 565 00:31:10,000 --> 00:31:11,840 Speaker 1: Do you think that they're really going to say no 566 00:31:12,360 --> 00:31:15,640 Speaker 1: to a new benefit. It's ludicrous. But so they're using 567 00:31:15,680 --> 00:31:20,040 Speaker 1: this as an opportunity to further their gross union busting tactic. Yeah, 568 00:31:20,040 --> 00:31:21,959 Speaker 1: I think it's funny because they continue to do this 569 00:31:22,000 --> 00:31:25,000 Speaker 1: woke union. They're like, oh, yeah, I will raise wages, 570 00:31:25,120 --> 00:31:26,840 Speaker 1: but not for the people who are in a union. 571 00:31:27,040 --> 00:31:29,720 Speaker 1: So how's that even how's that even possible? And what 572 00:31:29,760 --> 00:31:32,160 Speaker 1: are they claiming that it's a contract violation. They're like, well, 573 00:31:32,160 --> 00:31:34,320 Speaker 1: we have to negotiate a separate Yes, you have that. 574 00:31:34,480 --> 00:31:36,560 Speaker 1: I mean, that's that is when you have a union 575 00:31:36,600 --> 00:31:39,320 Speaker 1: representing a store, you have to do collective bargaining with 576 00:31:39,440 --> 00:31:41,640 Speaker 1: the union. But they're just saying like, oh, we can't 577 00:31:41,640 --> 00:31:43,720 Speaker 1: even offer it to you. When it's like no, no, 578 00:31:43,840 --> 00:31:45,719 Speaker 1: you offer it and then the union decides what they 579 00:31:45,720 --> 00:31:48,040 Speaker 1: want to of course they're going to say yes, like 580 00:31:48,160 --> 00:31:50,640 Speaker 1: why would you say no to an additional benefit? So 581 00:31:51,280 --> 00:31:54,280 Speaker 1: it's it's ridiculous. And like I said, it may even 582 00:31:54,360 --> 00:31:57,680 Speaker 1: be in violation of labor law, as many of their 583 00:31:57,680 --> 00:31:59,520 Speaker 1: actions have been found at this point to be in 584 00:31:59,600 --> 00:32:02,520 Speaker 1: violation labor law. It's funny. I've been listening to this 585 00:32:02,560 --> 00:32:05,720 Speaker 1: book from I don't know is from maybe twenty thirteen, 586 00:32:05,840 --> 00:32:09,280 Speaker 1: Ronaf Ruhar's Makers and Takers, and she talks about the 587 00:32:09,280 --> 00:32:10,840 Speaker 1: book overall is good. That's not a slam on the 588 00:32:10,880 --> 00:32:12,880 Speaker 1: book at all. It's actually very interesting, very prescient for 589 00:32:12,920 --> 00:32:15,320 Speaker 1: the moment that we're living in now about the financialization 590 00:32:15,360 --> 00:32:17,840 Speaker 1: of the economy, et cetera, et cetera. But she interviews 591 00:32:17,880 --> 00:32:20,920 Speaker 1: Howard Schultz for the book, and he's talking all about 592 00:32:21,040 --> 00:32:23,600 Speaker 1: how progressive they are and how important it is to 593 00:32:23,640 --> 00:32:26,120 Speaker 1: invest in their employees and that's going to be great 594 00:32:26,120 --> 00:32:28,480 Speaker 1: for the long term, making sure that you have people 595 00:32:28,480 --> 00:32:30,600 Speaker 1: in the community who can afford to buy your coffees, 596 00:32:30,600 --> 00:32:33,080 Speaker 1: this sort of Henry Ford model and all of this, 597 00:32:33,640 --> 00:32:37,280 Speaker 1: And then you see the way Starbucks, above all of 598 00:32:37,320 --> 00:32:40,400 Speaker 1: these companies, has really actually been the worst in terms 599 00:32:40,440 --> 00:32:43,560 Speaker 1: of union busting. I mean, Schultz came out of retirement 600 00:32:43,760 --> 00:32:45,440 Speaker 1: just to bust the un just to come back in 601 00:32:45,520 --> 00:32:48,280 Speaker 1: as CEO and try to destroy these unions. He called 602 00:32:48,280 --> 00:32:51,920 Speaker 1: it an assault on the company. There were heads that 603 00:32:52,040 --> 00:32:55,480 Speaker 1: rolled at the executive level because they allowed this union 604 00:32:55,520 --> 00:32:59,920 Speaker 1: effort to take root. And it really is quite extraordinary 605 00:33:00,120 --> 00:33:02,600 Speaker 1: to see. It's a very mask off moment for all 606 00:33:02,640 --> 00:33:05,840 Speaker 1: of their supposed progressive principles. You know, they were willing 607 00:33:05,880 --> 00:33:08,480 Speaker 1: to go They're willing to do a lot of things 608 00:33:08,760 --> 00:33:11,560 Speaker 1: that were supposedly progressive, but when it came to actually 609 00:33:11,640 --> 00:33:13,720 Speaker 1: respecting their workers enough to let them have a say 610 00:33:13,760 --> 00:33:17,360 Speaker 1: in the workplace that was completely off limits, and they 611 00:33:17,360 --> 00:33:21,360 Speaker 1: will use like weird woke union busting tactics like this 612 00:33:21,520 --> 00:33:23,880 Speaker 1: to try to accomplish their ends. Yeah. I mean, they 613 00:33:23,920 --> 00:33:26,280 Speaker 1: know their they know who their workforce is, they know 614 00:33:26,360 --> 00:33:28,720 Speaker 1: how they can try and use these's wedge issues. I mean, 615 00:33:28,760 --> 00:33:30,600 Speaker 1: Amazon and all that, I'm sure are not that far 616 00:33:30,640 --> 00:33:32,680 Speaker 1: behind in using this stuff. Yeah. The only thing they 617 00:33:32,720 --> 00:33:34,640 Speaker 1: can send up to this is the government, so you know, 618 00:33:34,680 --> 00:33:36,600 Speaker 1: and now RB needs to take a look. Yeah, one 619 00:33:36,680 --> 00:33:38,880 Speaker 1: hundred percent. So as you guys know, as we've been 620 00:33:38,880 --> 00:33:41,800 Speaker 1: covering extensively. Of course, the Supreme Court in a landmark 621 00:33:41,880 --> 00:33:46,640 Speaker 1: ruling overturning Row versus wed. Now, not only have Democrats 622 00:33:46,680 --> 00:33:50,520 Speaker 1: had literally fifty years to prepare for this moment, but 623 00:33:50,680 --> 00:33:54,360 Speaker 1: even within this administration, they got a head start because 624 00:33:54,360 --> 00:33:56,920 Speaker 1: this decision was leaked. We all knew it was coming, 625 00:33:57,000 --> 00:34:00,000 Speaker 1: and so you would think that they might have been 626 00:34:00,080 --> 00:34:03,760 Speaker 1: prepared for it, but they weren't. Puck News actually has 627 00:34:03,760 --> 00:34:09,120 Speaker 1: this report that their response has been so lacking and 628 00:34:09,320 --> 00:34:13,520 Speaker 1: embarrassing that even Republicans are shocked at how little they 629 00:34:13,520 --> 00:34:16,960 Speaker 1: have actually done. Put this up on the screen. This 630 00:34:17,000 --> 00:34:19,799 Speaker 1: is puck news, they say the GOP inside conversation on 631 00:34:19,960 --> 00:34:21,400 Speaker 1: road during the past few days have been talking to 632 00:34:21,480 --> 00:34:24,400 Speaker 1: Republican operatives across CC. They were all careful not to gloat, 633 00:34:24,840 --> 00:34:28,480 Speaker 1: but they've also been shocked at how little the Democratic 634 00:34:28,520 --> 00:34:32,880 Speaker 1: Party is doing to fight back. Here is how this begins. 635 00:34:32,880 --> 00:34:35,040 Speaker 1: This is from Julia Yaffi. She says, you would think 636 00:34:35,080 --> 00:34:37,880 Speaker 1: that with a month of advance warning about how's Gotus 637 00:34:37,920 --> 00:34:40,200 Speaker 1: was going to rule, Democrats would have been better prepared 638 00:34:40,239 --> 00:34:42,360 Speaker 1: for the day that Roe versus Wade finally fell. And 639 00:34:42,480 --> 00:34:45,600 Speaker 1: yet when it happened, Democrats did what Democrats do best, 640 00:34:45,960 --> 00:34:49,040 Speaker 1: make memes, get mad at each other, and do little 641 00:34:49,280 --> 00:34:53,279 Speaker 1: of consequence. Don't forget Pelosi did read a poem and 642 00:34:53,320 --> 00:34:56,359 Speaker 1: send out a fundraising email. So they did do that. Yeah, 643 00:34:56,400 --> 00:34:59,040 Speaker 1: so this is what gopaid said to them. Quote. If 644 00:34:59,040 --> 00:35:00,520 Speaker 1: I were the Libs, I would be putting forward a 645 00:35:00,560 --> 00:35:03,759 Speaker 1: flurry of legislation, like making birth control free and widely available. 646 00:35:03,920 --> 00:35:06,040 Speaker 1: If you say it's not widely enablable enough, go after that. 647 00:35:06,160 --> 00:35:07,919 Speaker 1: Cover the gaps. Don't go for the big stuff. Split 648 00:35:07,960 --> 00:35:10,440 Speaker 1: the GOP conference as much you can ask people to vote. 649 00:35:10,520 --> 00:35:12,600 Speaker 1: If the goal is protecting women are advancing legislation you 650 00:35:12,640 --> 00:35:15,680 Speaker 1: could actually pass take every possible POTENTI that you possibly could. 651 00:35:15,800 --> 00:35:18,640 Speaker 1: You know. Another interesting one is actually what Matt Iglesias 652 00:35:18,640 --> 00:35:20,719 Speaker 1: and some others have been pointing out, which is that 653 00:35:20,840 --> 00:35:24,160 Speaker 1: Planned Parenthood and the other choice groups are refusing to 654 00:35:24,239 --> 00:35:27,520 Speaker 1: allow votes on exceptions because they don't want to decouple 655 00:35:27,880 --> 00:35:30,200 Speaker 1: exceptions from ROW and they don't have the votes frankly 656 00:35:30,280 --> 00:35:33,480 Speaker 1: for ROE right now. But I mean that seems like 657 00:35:33,520 --> 00:35:36,160 Speaker 1: a decent strategy. Yeah, if you like, why not if 658 00:35:36,200 --> 00:35:38,840 Speaker 1: you have sixty votes for exceptions in the life of 659 00:35:38,840 --> 00:35:42,839 Speaker 1: the Mother, Like, shouldn't you pass that? And ripe and incest? Right, 660 00:35:42,520 --> 00:35:45,359 Speaker 1: that's acceptance and rape, And it's like, well, another way, 661 00:35:45,600 --> 00:35:47,680 Speaker 1: you should probably pass that unless you want the talking 662 00:35:47,719 --> 00:35:50,960 Speaker 1: point right, well have you actually you have a majority 663 00:35:51,000 --> 00:35:54,960 Speaker 1: of Americans who also fear that, who expect that this 664 00:35:55,040 --> 00:35:58,640 Speaker 1: decision on ROW will lead to the overturning of Obergafel 665 00:35:58,800 --> 00:36:00,920 Speaker 1: was the latest point in there's fifty percent of Americans 666 00:36:01,400 --> 00:36:03,800 Speaker 1: they think that's coming next. I mean Justice Thommins mentioned 667 00:36:03,800 --> 00:36:07,520 Speaker 1: it specifically. Yeah, go pass codify gay marriage. I mean, 668 00:36:07,560 --> 00:36:10,040 Speaker 1: even if you think it's an outside chance, like get 669 00:36:10,040 --> 00:36:12,160 Speaker 1: that shit in writing and make sure it's done while 670 00:36:12,200 --> 00:36:15,520 Speaker 1: you have the chance. Another one is now there's questions 671 00:36:15,560 --> 00:36:20,160 Speaker 1: about whether states like Texas are exploring banning women from 672 00:36:20,200 --> 00:36:23,120 Speaker 1: interstate travel to be able to get abortions in states 673 00:36:23,160 --> 00:36:26,600 Speaker 1: where it is still legal. Make sure that that is 674 00:36:26,719 --> 00:36:29,960 Speaker 1: clearly illegal as well, because the Supreme Court Brett Kavanugh 675 00:36:30,080 --> 00:36:32,160 Speaker 1: kind of indicated maybe this would be a problem, but 676 00:36:32,200 --> 00:36:34,799 Speaker 1: they did not say clearly. And states are moving forward 677 00:36:34,840 --> 00:36:37,439 Speaker 1: with this. So the idea there's nothing you can do 678 00:36:37,680 --> 00:36:41,680 Speaker 1: is just not true. And there are many avenues they 679 00:36:41,680 --> 00:36:44,680 Speaker 1: could pursue that, as you say, would really put Republicans 680 00:36:44,680 --> 00:36:46,319 Speaker 1: in a tough spot who are out on a limb 681 00:36:46,360 --> 00:36:49,640 Speaker 1: on this and in a crazy, you know, extreme positions 682 00:36:50,000 --> 00:36:52,840 Speaker 1: and really beholden to a very radical fringe on this 683 00:36:52,920 --> 00:36:58,600 Speaker 1: issue that's very well organized. But nothing, And again they 684 00:36:58,719 --> 00:37:02,480 Speaker 1: had time to get this all figured out. You really 685 00:37:02,520 --> 00:37:05,759 Speaker 1: would think if this was a functioning political party at all, 686 00:37:06,280 --> 00:37:08,520 Speaker 1: the minute this came down, we would have a list 687 00:37:08,520 --> 00:37:12,200 Speaker 1: of legislation talking points ready ready to go, ready to 688 00:37:12,200 --> 00:37:16,239 Speaker 1: put the pressure on. And yet nothing. There's another let's 689 00:37:16,239 --> 00:37:19,080 Speaker 1: put this one up on the screen next. More to 690 00:37:19,160 --> 00:37:21,640 Speaker 1: this point, they say Democrats could have codified Row in 691 00:37:21,719 --> 00:37:24,080 Speaker 1: ninety three, with Bill Clinton in congressional majority, they could 692 00:37:24,080 --> 00:37:25,799 Speaker 1: have done it again in two thousand and nine, they 693 00:37:25,840 --> 00:37:28,040 Speaker 1: had a super majority in Barack Obama promise it would 694 00:37:28,040 --> 00:37:31,400 Speaker 1: be the first thing he'd do in office, but they didn't. Why. 695 00:37:31,719 --> 00:37:34,239 Speaker 1: This is from an article that is in the Conservative 696 00:37:34,320 --> 00:37:37,880 Speaker 1: National Review. So again, it's not just you know, people 697 00:37:37,920 --> 00:37:39,879 Speaker 1: like me and AOC who are like, where the hell 698 00:37:39,920 --> 00:37:42,880 Speaker 1: are you guys. It's liberals. It's Perry Bacon Junior and 699 00:37:42,920 --> 00:37:45,960 Speaker 1: the Washington Post. It's lots of liberals on Twitter who 700 00:37:46,000 --> 00:37:48,560 Speaker 1: are like, what's going on? And it's Republicans who are 701 00:37:48,600 --> 00:37:51,879 Speaker 1: quietly like, I can't believe they're not doing anything. Well, 702 00:37:51,920 --> 00:37:55,000 Speaker 1: they're just Look, they're bad at their jobs. They are 703 00:37:55,080 --> 00:37:58,000 Speaker 1: so bad that there's no other real way to put it. Indeed, 704 00:37:58,200 --> 00:38:02,520 Speaker 1: whispers after Roe versus Way, who can save the Democratic Party? Well, 705 00:38:02,600 --> 00:38:05,000 Speaker 1: let's put this up there on the screen. CNN, the 706 00:38:05,080 --> 00:38:08,280 Speaker 1: Washington Post, many other quote unquote thought leaders are pushing 707 00:38:08,680 --> 00:38:13,040 Speaker 1: Hillary twenty twenty four. Crystalizza says the whispers have started, 708 00:38:13,040 --> 00:38:15,759 Speaker 1: and he points to a bunch of writers who have 709 00:38:15,840 --> 00:38:18,719 Speaker 1: said that Hillary could be the one person. Now is 710 00:38:18,800 --> 00:38:21,680 Speaker 1: her moment. The Supreme Court's decision to overturn Roe creates 711 00:38:21,680 --> 00:38:23,439 Speaker 1: the opening for Hillary to get out of stealth mode 712 00:38:23,640 --> 00:38:26,120 Speaker 1: start down the path towards declaring her candidacy for twenty 713 00:38:26,160 --> 00:38:29,560 Speaker 1: twenty four. Ellis's argument, he's the conservative writer, by the way, 714 00:38:29,719 --> 00:38:32,080 Speaker 1: is centered on Joe Biden will be eighty two. He's 715 00:38:32,120 --> 00:38:34,279 Speaker 1: too old to run. She, of course, would only be 716 00:38:34,320 --> 00:38:37,000 Speaker 1: in her seventies. She's not too old. He's not the 717 00:38:37,000 --> 00:38:40,600 Speaker 1: only person. Juan Williams, you know, the former Fox News commentator. 718 00:38:40,640 --> 00:38:42,680 Speaker 1: Let's put this up there, oh, writing in the Hill, 719 00:38:42,760 --> 00:38:47,160 Speaker 1: Hillary can rescue Democrats there in the midterms. How exactly, 720 00:38:48,000 --> 00:38:50,080 Speaker 1: he says, Clinting is exactly the right person to put 721 00:38:50,120 --> 00:38:52,719 Speaker 1: steel in the Democrat's spine. Bring attention to the fact 722 00:38:52,719 --> 00:38:55,960 Speaker 1: that ultra maga Republicans, as President Biden called them, are 723 00:38:56,000 --> 00:38:59,000 Speaker 1: tearing apart the nation. Keep talking and talk louder, Hillary, 724 00:38:59,280 --> 00:39:02,439 Speaker 1: is what one Willlliams says. So look, the drum beat 725 00:39:02,520 --> 00:39:05,400 Speaker 1: is there. She actually was asked on television recently. She 726 00:39:05,480 --> 00:39:07,560 Speaker 1: said that she's not planning it right now. She did 727 00:39:07,560 --> 00:39:09,600 Speaker 1: not rule out the run. Look, she's too much of 728 00:39:09,640 --> 00:39:12,200 Speaker 1: a narcissist, I think to ever actually rule out. But 729 00:39:12,560 --> 00:39:15,280 Speaker 1: maybe third times a charm, Crystal, that's what the intelligencia wants. 730 00:39:15,360 --> 00:39:17,520 Speaker 1: Oh my god, I want to die. I need it here. 731 00:39:18,680 --> 00:39:21,360 Speaker 1: I really wasn't taking this seriously because the first article 732 00:39:21,400 --> 00:39:23,680 Speaker 1: about it was from a conservative writer. Yes, and we've 733 00:39:23,719 --> 00:39:26,719 Speaker 1: seen this before. This is something Republicans love to do 734 00:39:27,080 --> 00:39:30,200 Speaker 1: to like get everybody go back, Oh Hillary's coming back, 735 00:39:30,200 --> 00:39:32,480 Speaker 1: and here's the case, like wink and a nod case 736 00:39:32,520 --> 00:39:35,080 Speaker 1: for Hillary. But then when one Williams wrote it, and 737 00:39:35,120 --> 00:39:38,160 Speaker 1: then when Chrystaliza like did the whole CNN thing, like 738 00:39:38,200 --> 00:39:42,040 Speaker 1: the whispers are starting, I was like, oh my god, 739 00:39:42,120 --> 00:39:46,840 Speaker 1: and this is the price for not explaining to people 740 00:39:47,080 --> 00:39:52,200 Speaker 1: clearly after twenty sixteen exactly how and why she failed 741 00:39:52,520 --> 00:39:58,360 Speaker 1: and allowing her instead to shift the blame to sexism, Russia, 742 00:39:58,480 --> 00:40:03,319 Speaker 1: Kate Bernies, Me, Jill Stein, Susan sorand and whatever. I mean, 743 00:40:03,360 --> 00:40:06,240 Speaker 1: it is so deranged with these people. These people still 744 00:40:06,280 --> 00:40:08,640 Speaker 1: think that like Susan Sarandon is the reason that roe 745 00:40:08,719 --> 00:40:13,359 Speaker 1: versus Wade was over he literally and so this woman 746 00:40:13,360 --> 00:40:15,319 Speaker 1: has not only had one bite of the hopp she 747 00:40:15,360 --> 00:40:18,760 Speaker 1: had two. I mean, she's lost in two presidential races. 748 00:40:18,920 --> 00:40:21,680 Speaker 1: Democratic Party first was like, we don't want this, and 749 00:40:21,719 --> 00:40:23,960 Speaker 1: then the whole country was like, we don't want this. 750 00:40:24,680 --> 00:40:28,600 Speaker 1: It is such a sign of sheer decline and decay 751 00:40:28,840 --> 00:40:32,319 Speaker 1: and collapse within the Democratic Party that this could be 752 00:40:32,520 --> 00:40:36,640 Speaker 1: even positive without being completely left out of the room. 753 00:40:36,719 --> 00:40:38,919 Speaker 1: And yet, you know, I mean, she's definitely not gonna 754 00:40:38,960 --> 00:40:41,439 Speaker 1: run against Biden, and I think Biden, as I laid 755 00:40:41,480 --> 00:40:44,719 Speaker 1: out this week, is definitely running, assuming that he lives 756 00:40:44,760 --> 00:40:47,920 Speaker 1: that long. But you know, if it was like a 757 00:40:47,920 --> 00:40:50,440 Speaker 1: wide open primary, I don't think it's crazy to think 758 00:40:50,440 --> 00:40:52,000 Speaker 1: that she would throw her hat back in the ring 759 00:40:52,040 --> 00:40:54,040 Speaker 1: because she's looking around like we all are at how 760 00:40:54,080 --> 00:40:56,160 Speaker 1: weak you know, Tomlin, Pete and all the rest are, 761 00:40:56,520 --> 00:40:59,680 Speaker 1: and thinking why not me? Because that's what she's always thought. 762 00:40:59,680 --> 00:41:02,839 Speaker 1: Now she has denied outright that she would ever considers 763 00:41:02,880 --> 00:41:05,359 Speaker 1: I always put that in there, But the fact that 764 00:41:05,400 --> 00:41:09,759 Speaker 1: this is still raised with any level of seriousness in 765 00:41:09,800 --> 00:41:13,759 Speaker 1: this town just shows you how dumb and out of 766 00:41:13,840 --> 00:41:17,200 Speaker 1: touch and completely laughably absurd all these people are. Yeah, 767 00:41:18,200 --> 00:41:20,880 Speaker 1: we've covered here pretty extensively, maybe more than any other 768 00:41:20,960 --> 00:41:24,239 Speaker 1: news program, just how screwed up the airlines are, and 769 00:41:24,280 --> 00:41:27,080 Speaker 1: we've gone into depth on some of the issues. In particular, 770 00:41:27,480 --> 00:41:30,920 Speaker 1: what they did is they took a gigantic taxpayer bailout 771 00:41:31,080 --> 00:41:34,040 Speaker 1: during COVID under the stipulation that they would keep their 772 00:41:34,080 --> 00:41:38,080 Speaker 1: staffing as is. But then they use the you know, 773 00:41:38,120 --> 00:41:40,680 Speaker 1: the time during COVID to sort of push out some 774 00:41:40,760 --> 00:41:42,960 Speaker 1: of their staff, push out some of their pilots, induce 775 00:41:43,040 --> 00:41:46,520 Speaker 1: them to retire, and then rather than when things ramped up, 776 00:41:47,080 --> 00:41:50,600 Speaker 1: pairing back their flight schedules to recognize that they had 777 00:41:50,719 --> 00:41:53,800 Speaker 1: much less staff available to fly those planes and staff 778 00:41:53,840 --> 00:41:57,160 Speaker 1: those planes, they continue to push forward. And so you've 779 00:41:57,200 --> 00:42:00,600 Speaker 1: had thousands of flights canceled, you have cut customers that 780 00:42:00,640 --> 00:42:03,600 Speaker 1: are lined up for hours outside of customer service with 781 00:42:03,640 --> 00:42:06,439 Speaker 1: not enough staffing there either. You have you know, they've 782 00:42:06,440 --> 00:42:11,120 Speaker 1: also built passengers out of an absurd amount of money 783 00:42:11,120 --> 00:42:13,800 Speaker 1: that they should be entitled to in refunds that instead 784 00:42:13,840 --> 00:42:16,399 Speaker 1: they give them like some credit for a future flight. 785 00:42:16,480 --> 00:42:19,239 Speaker 1: So it just really is out and out fraud on 786 00:42:19,280 --> 00:42:22,240 Speaker 1: the airline's part. Now, the person who is in charge 787 00:42:22,360 --> 00:42:25,160 Speaker 1: of the agency that could deal with it, this is 788 00:42:25,400 --> 00:42:29,480 Speaker 1: Secretary Pete Budhachic, and so Bernie Sanders is actually now 789 00:42:29,600 --> 00:42:33,640 Speaker 1: kind of calling out Pete and demanding that they actually 790 00:42:33,719 --> 00:42:37,000 Speaker 1: hold these airlines to account. Here is one of Bernie's 791 00:42:37,080 --> 00:42:40,440 Speaker 1: top longtime aids Warren Gunnales, laying out exactly what Senator 792 00:42:40,480 --> 00:42:43,640 Speaker 1: Sanders is proposing. He says, finds a fifty five thousand 793 00:42:43,719 --> 00:42:47,640 Speaker 1: dollars a passenger for flight cancellations that can't be fully staffed, 794 00:42:48,280 --> 00:42:51,400 Speaker 1: full refunds for delays between one and four hours, plus meals, 795 00:42:51,400 --> 00:42:54,280 Speaker 1: and lodging for four hour plus delays. Finds of fifteen 796 00:42:54,320 --> 00:42:57,520 Speaker 1: thousand dollars a passenger for non weather flight delays two 797 00:42:57,560 --> 00:43:01,319 Speaker 1: plus hours. So really going after the fact that the 798 00:43:01,360 --> 00:43:04,560 Speaker 1: airlines are booking people on flights that they know, damn 799 00:43:04,640 --> 00:43:08,240 Speaker 1: well a good chunk of are probably not going to happen. 800 00:43:08,320 --> 00:43:10,239 Speaker 1: Because the way Derek Thompson laid it out for us 801 00:43:10,320 --> 00:43:14,800 Speaker 1: is like in the theory, if ever, in the abstract, 802 00:43:14,840 --> 00:43:17,600 Speaker 1: if every single thing goes perfect, yeah, maybe we can 803 00:43:17,640 --> 00:43:19,960 Speaker 1: fly all these flights. But they have to build in 804 00:43:20,360 --> 00:43:23,560 Speaker 1: the fact that nothing is ever going to go completely perfect, 805 00:43:23,840 --> 00:43:26,520 Speaker 1: And so they're booking people on flights that ultimately you know, 806 00:43:26,600 --> 00:43:29,759 Speaker 1: are going to be canceled and it's completely predictable. No, yeah, 807 00:43:29,880 --> 00:43:32,560 Speaker 1: this is crazy. And also John Fetterman, you know, had 808 00:43:32,560 --> 00:43:34,200 Speaker 1: put out a proposal on this, but I just think 809 00:43:34,200 --> 00:43:36,560 Speaker 1: it's a major indictment of Pete Bouta Jeddge, Like, what 810 00:43:36,760 --> 00:43:39,239 Speaker 1: is he doing? He has the capacity in order to 811 00:43:39,280 --> 00:43:41,839 Speaker 1: actually act against these airlines. At the worst that he's 812 00:43:41,920 --> 00:43:44,560 Speaker 1: done so far is what called him for a zoom call. 813 00:43:44,800 --> 00:43:46,920 Speaker 1: He's like, please, let's all do a zoom together. And 814 00:43:46,920 --> 00:43:49,400 Speaker 1: then he was like, please schedule more flights. He do 815 00:43:49,600 --> 00:43:52,280 Speaker 1: batter like yes, sir, and then his flight got canceled 816 00:43:52,280 --> 00:43:54,799 Speaker 1: the very next time. Yeah, and Nanda drive. So look, 817 00:43:54,840 --> 00:43:58,120 Speaker 1: I mean it's a complete it's complete bs and it 818 00:43:58,200 --> 00:44:01,600 Speaker 1: should be. It's full within the secondcretary of transportation for 819 00:44:01,640 --> 00:44:03,880 Speaker 1: his ability to levy finds upon the industry if they 820 00:44:03,880 --> 00:44:08,239 Speaker 1: find wrongdoing. You know, airlines are heavily basically being were 821 00:44:08,280 --> 00:44:11,560 Speaker 1: subsidized during the coronavirus pandemic. We paid them fifty five 822 00:44:11,600 --> 00:44:14,399 Speaker 1: billion dollars. They pocketed the money. By all accounts there 823 00:44:14,400 --> 00:44:16,560 Speaker 1: have not been using it fairly and now things are 824 00:44:16,640 --> 00:44:18,960 Speaker 1: a total mess. So the FEDS should get involved. I 825 00:44:18,960 --> 00:44:22,320 Speaker 1: mean the airlines, like I said, they blame air traffic control. 826 00:44:22,640 --> 00:44:25,759 Speaker 1: Call the bluff. Fine, get some military air traffic controllers 827 00:44:26,000 --> 00:44:27,919 Speaker 1: in there. If that really is the case, let's find 828 00:44:27,920 --> 00:44:29,759 Speaker 1: out how much it is. You know, put them on 829 00:44:29,800 --> 00:44:32,200 Speaker 1: the spot, and let's make it so that America can 830 00:44:32,280 --> 00:44:35,120 Speaker 1: move again. It's like basic stuff like this that makes 831 00:44:35,120 --> 00:44:37,520 Speaker 1: you feel like the country's falling apart. Whenever, Yeah, it is. 832 00:44:37,840 --> 00:44:39,480 Speaker 1: You're like, oh, I can't fly anywhere, or you can't 833 00:44:39,480 --> 00:44:42,160 Speaker 1: fly anywhere properly. Gas is five dollars a gallon. You know, 834 00:44:42,200 --> 00:44:45,799 Speaker 1: getting a car is insanely expensive. A credit card, you know, 835 00:44:45,880 --> 00:44:48,440 Speaker 1: everything charging on that. Try taking a vacation, you know, 836 00:44:48,440 --> 00:44:50,239 Speaker 1: in terms of what all the costs and all that 837 00:44:50,480 --> 00:44:53,040 Speaker 1: stack up to. So look, I just the basics of 838 00:44:53,040 --> 00:44:55,279 Speaker 1: life are what people care the most about. And that's 839 00:44:55,280 --> 00:44:58,319 Speaker 1: where the Biden administration continues to fail every single day. 840 00:44:58,440 --> 00:45:06,600 Speaker 1: It's really dramatic. Indeed, so Dave Portnoy, the head of 841 00:45:06,800 --> 00:45:11,000 Speaker 1: Barstool Sports, he came out recently and said something interesting. 842 00:45:11,040 --> 00:45:14,399 Speaker 1: He said, Look, if if Roe is overturned, I'm gonna 843 00:45:14,440 --> 00:45:17,879 Speaker 1: vote for Democrats. Now it's surprising to hear from Dave 844 00:45:17,920 --> 00:45:21,920 Speaker 1: Portnoy because you know, Barstool Sports is viewed as fairly 845 00:45:22,000 --> 00:45:24,719 Speaker 1: or unfairly, I don't know, but they're viewed as more 846 00:45:24,800 --> 00:45:28,480 Speaker 1: right leaning. And Portnoy has done a number of appearances 847 00:45:28,480 --> 00:45:30,560 Speaker 1: on like Fox News and Fox Business and so people 848 00:45:32,360 --> 00:45:36,879 Speaker 1: got the feeling that, you know, Portnoy probably leans significantly right. 849 00:45:38,400 --> 00:45:40,759 Speaker 1: But he's surprised everybody when he came out and said, look, Rowe, 850 00:45:41,160 --> 00:45:43,160 Speaker 1: I think I believe in Roe versus Wade. I think 851 00:45:43,160 --> 00:45:46,359 Speaker 1: it's correct, and I'll probably vote for Democrats if Roe 852 00:45:46,400 --> 00:45:49,160 Speaker 1: is overturned. So he hasn't back down from that. He 853 00:45:49,280 --> 00:45:52,200 Speaker 1: sort of leaned into that position, and all of these 854 00:45:52,360 --> 00:45:56,960 Speaker 1: friendships and acquaintances and alliances that he made with right 855 00:45:57,000 --> 00:46:01,440 Speaker 1: wing commentators is now going up in flames because I 856 00:46:01,480 --> 00:46:05,600 Speaker 1: know they like to pretend like, oh, the cancel culture 857 00:46:05,680 --> 00:46:09,799 Speaker 1: mob is solely on the left, but there are countless 858 00:46:09,800 --> 00:46:15,520 Speaker 1: examples of right wing cancel culture, and any semblance of 859 00:46:15,680 --> 00:46:19,839 Speaker 1: disagreement major or minor, get you kicked out of a club. 860 00:46:20,920 --> 00:46:22,799 Speaker 1: You know, these sorts of people purity test to the 861 00:46:22,880 --> 00:46:26,120 Speaker 1: high heavens. And so Dave Portnoy's no witnessing this firsthand, 862 00:46:26,160 --> 00:46:28,080 Speaker 1: and he's sort of shocked by it. So here's what 863 00:46:28,120 --> 00:46:30,759 Speaker 1: he said on Twitter. This was to be expected. But 864 00:46:30,800 --> 00:46:32,600 Speaker 1: I still get a kick out of people who have 865 00:46:32,719 --> 00:46:35,719 Speaker 1: sucked my dick for a decade straight, inviting me on 866 00:46:35,760 --> 00:46:38,120 Speaker 1: their shows a million times, and now disagree with me. 867 00:46:38,160 --> 00:46:40,360 Speaker 1: On Roe v. Wade and suddenly I'm a pussy and 868 00:46:40,480 --> 00:46:45,520 Speaker 1: an idiot. So let's look at this listen. I enjoyed barstool. 869 00:46:45,600 --> 00:46:48,160 Speaker 1: You guys are a reverent You're funny. You know, you 870 00:46:48,200 --> 00:46:51,239 Speaker 1: celebrate manhood and sports and all the things we like 871 00:46:51,280 --> 00:47:02,880 Speaker 1: about competition and meritocracy. I meaning today that, you know what, 872 00:47:03,080 --> 00:47:06,160 Speaker 1: let me turn off the music because that might get copyrighted. 873 00:47:07,440 --> 00:47:10,000 Speaker 1: Good luck against your lib tormentors. Bro, you're dumber than 874 00:47:10,040 --> 00:47:15,680 Speaker 1: you look. Dude, didn't respond with a kingpin gift when 875 00:47:15,680 --> 00:47:18,080 Speaker 1: I defended this tool against business insider or just another 876 00:47:18,200 --> 00:47:21,280 Speaker 1: grifter pussy? Wait what did that say? Just another grifter 877 00:47:21,440 --> 00:47:25,080 Speaker 1: pussy who showed his ass and take the ten k 878 00:47:25,200 --> 00:47:26,480 Speaker 1: I sent to your fund and send it to a 879 00:47:26,520 --> 00:47:31,600 Speaker 1: crisis pregnancy center, chump. So Bongino went off on him, 880 00:47:31,640 --> 00:47:36,239 Speaker 1: and he fired back at Bongino. I find people like 881 00:47:36,320 --> 00:47:40,720 Speaker 1: Bongino immensely insufferable. And by the way, I'm not saying 882 00:47:40,719 --> 00:47:42,680 Speaker 1: that none of this exists on the left, because it 883 00:47:42,680 --> 00:47:44,680 Speaker 1: does exist on the left, and you guys have seen 884 00:47:44,719 --> 00:47:48,160 Speaker 1: it with your own two eyes. People who look I 885 00:47:48,160 --> 00:47:51,040 Speaker 1: could agree with you on ninety four percent of issues, 886 00:47:51,280 --> 00:47:56,840 Speaker 1: but that's six percent of issues where we disagree, you're irredeemable. 887 00:47:57,480 --> 00:48:01,120 Speaker 1: You're the enemy, you're the problem, and now I'm gonna 888 00:48:01,160 --> 00:48:08,040 Speaker 1: take that and begin to malign your intentions and malign 889 00:48:08,320 --> 00:48:11,920 Speaker 1: you as a person. Man, I hate people like that. 890 00:48:12,360 --> 00:48:14,840 Speaker 1: And it's a very common thing nowadays where it's like 891 00:48:16,760 --> 00:48:21,040 Speaker 1: you're simply the enemy if you disagree on anything. Very 892 00:48:21,120 --> 00:48:23,400 Speaker 1: rarely nowadays is it a thing where it's like, no, seriously, 893 00:48:23,400 --> 00:48:27,080 Speaker 1: though agreed to disagree, agree to disagree. You know, I 894 00:48:27,120 --> 00:48:30,560 Speaker 1: still like you. We're still friendly, we can still get along, 895 00:48:30,800 --> 00:48:33,360 Speaker 1: we can still talk, You're still my brother, et cetera. 896 00:48:34,440 --> 00:48:38,120 Speaker 1: That doesn't exist much anymore. So anytime I come across 897 00:48:38,120 --> 00:48:41,520 Speaker 1: somebody who I feel like does that does the agree 898 00:48:41,560 --> 00:48:46,240 Speaker 1: to disagree thing, It's like I automatically like him, because like, Okay, 899 00:48:46,280 --> 00:48:53,120 Speaker 1: look a mature adult who is not socially maladjusted and 900 00:48:53,280 --> 00:48:56,799 Speaker 1: super weird. You know, I talk about this all the time. 901 00:48:57,760 --> 00:49:01,400 Speaker 1: When it comes to for politicians, the standard is a 902 00:49:01,400 --> 00:49:05,560 Speaker 1: little different because it's I care about purity of policy. 903 00:49:05,640 --> 00:49:08,000 Speaker 1: When it comes to politicians, I really don't care about 904 00:49:08,040 --> 00:49:11,640 Speaker 1: purity of character. Whatever flaws you have in your personal life, 905 00:49:11,640 --> 00:49:14,120 Speaker 1: that's different. I don't care you're dealing everybody's dealing with 906 00:49:14,120 --> 00:49:16,040 Speaker 1: their own demons, et cetera. That's totally fine. But I 907 00:49:16,080 --> 00:49:18,239 Speaker 1: do care about purity of policy when it comes to politicians. 908 00:49:18,840 --> 00:49:21,640 Speaker 1: But when it comes to whatever other commentators or just 909 00:49:21,719 --> 00:49:24,840 Speaker 1: friends in your life or family members or whatever, you can't. 910 00:49:25,800 --> 00:49:28,960 Speaker 1: You can't take a stand on purity of policy or 911 00:49:29,080 --> 00:49:32,359 Speaker 1: character because people are just colossally different. Everybody's on their 912 00:49:32,400 --> 00:49:34,640 Speaker 1: own journey. Everybody has their own ideas, and now those 913 00:49:34,640 --> 00:49:37,040 Speaker 1: ideas can evolve and change or stay the same. But 914 00:49:37,239 --> 00:49:40,279 Speaker 1: just deal with the individual at hand. You know, are 915 00:49:40,680 --> 00:49:42,880 Speaker 1: they a good person in their heart? Do they mean well? 916 00:49:43,320 --> 00:49:45,480 Speaker 1: And as long as they do, it doesn't matter if 917 00:49:45,480 --> 00:49:49,080 Speaker 1: they disagree with me on everything, you know, and that's 918 00:49:49,120 --> 00:49:52,080 Speaker 1: just not a thing nowaday, especially in you know, the 919 00:49:52,080 --> 00:49:59,360 Speaker 1: political commentary arena. Dan Bongino expects, uh, you know, the 920 00:49:59,520 --> 00:50:03,600 Speaker 1: complete lockstep with his views. It's a very authoritarian way 921 00:50:03,600 --> 00:50:06,880 Speaker 1: to live your life. And so because on Rovers's way, 922 00:50:06,920 --> 00:50:09,799 Speaker 1: there's a disagreement. Now, Dave Portnoy is the enemy. And 923 00:50:09,840 --> 00:50:12,200 Speaker 1: I do respect the fact that Portnoy is not shutting 924 00:50:12,280 --> 00:50:14,520 Speaker 1: up about this. I do respect the fact because a 925 00:50:14,520 --> 00:50:16,200 Speaker 1: lot of people, as soon as they get that little 926 00:50:16,239 --> 00:50:18,799 Speaker 1: taste of the disagreement, you know, little taste of like 927 00:50:18,840 --> 00:50:23,399 Speaker 1: the pushback to appease everybody, you'll they just back off 928 00:50:23,440 --> 00:50:26,600 Speaker 1: of it or start saying the opposite, you know, take 929 00:50:26,600 --> 00:50:29,359 Speaker 1: a position that they don't even really believe. Portnoy's not 930 00:50:29,360 --> 00:50:32,440 Speaker 1: doing that. Portnoy's like, no, I think rovers way is correct. 931 00:50:33,280 --> 00:50:36,479 Speaker 1: I believe in the right to choose. And even getting 932 00:50:36,520 --> 00:50:39,760 Speaker 1: all this pushback, he's like, did I stutter? I didn't stutter, 933 00:50:41,000 --> 00:50:43,879 Speaker 1: So you gotta respect that. Now. Again, I don't know 934 00:50:45,200 --> 00:50:47,400 Speaker 1: if Portannoy was like me too, and I think the 935 00:50:47,440 --> 00:50:50,680 Speaker 1: story fell apart and so it was like a false thing. 936 00:50:50,800 --> 00:50:53,680 Speaker 1: And he got a lot of defense from the right, 937 00:50:53,800 --> 00:50:55,800 Speaker 1: so that's why he felt like almost a natural alliance 938 00:50:55,800 --> 00:50:59,080 Speaker 1: in a sense with them. But now what he's witnessing is, look, man, 939 00:50:59,160 --> 00:51:02,760 Speaker 1: you step out of line once and you're what's the 940 00:51:02,760 --> 00:51:05,799 Speaker 1: phrase persona non grata? Is that the phrase? I have 941 00:51:05,840 --> 00:51:10,840 Speaker 1: no idea, but anyway, not surprise. Uh, you know, the 942 00:51:10,960 --> 00:51:13,600 Speaker 1: right is purity testing into oblivion. We've seen this on 943 00:51:13,640 --> 00:51:15,719 Speaker 1: the left as well. I guess my message, my main 944 00:51:15,760 --> 00:51:18,719 Speaker 1: takeaway in this whole thing is like, if you know 945 00:51:18,800 --> 00:51:20,560 Speaker 1: somebody has pure intentions, and if you know they have 946 00:51:20,600 --> 00:51:25,240 Speaker 1: a good heart. Then just have a conversation, be normal, 947 00:51:25,360 --> 00:51:29,040 Speaker 1: be friends, be acquaintances, talk it out, don't burn bridges 948 00:51:29,080 --> 00:51:35,120 Speaker 1: and malign intentions and and be a total douchebag and 949 00:51:35,160 --> 00:51:39,600 Speaker 1: a dingbat. It's really weird. It's really weird. And anybody 950 00:51:39,640 --> 00:51:43,000 Speaker 1: who like I pride myself on trying to maintain a 951 00:51:43,040 --> 00:51:45,440 Speaker 1: strong semblance of normidam. You know, I don't want to 952 00:51:45,440 --> 00:51:48,120 Speaker 1: lose my brain online, which has happened to a lot 953 00:51:48,120 --> 00:51:50,480 Speaker 1: of people. And I think everybody should pride themselves on 954 00:51:50,520 --> 00:51:53,640 Speaker 1: normidam in a sense. You should. You should be proud 955 00:51:53,680 --> 00:51:57,200 Speaker 1: of yourself if you're able to, you know, not fly 956 00:51:57,320 --> 00:52:00,680 Speaker 1: off the handle at tiny disagreements and burn ridges and 957 00:52:00,800 --> 00:52:05,279 Speaker 1: malign intentions. And here we see Dan Bongino is like 958 00:52:05,360 --> 00:52:09,239 Speaker 1: the quint essential example of somebody who's just lost his 959 00:52:09,320 --> 00:52:13,400 Speaker 1: mind in the political space, lost his mind and tolerates 960 00:52:13,640 --> 00:52:18,560 Speaker 1: zero disagreement. So there you have it. Hi, I'm Matt Stoler, 961 00:52:18,760 --> 00:52:21,560 Speaker 1: author of monopoly focused newsletter Big and an anti trust 962 00:52:21,600 --> 00:52:23,920 Speaker 1: policy analyst. I have a great segment for you today 963 00:52:24,000 --> 00:52:26,200 Speaker 1: on this Big Breakdown. I'm going to talk about the 964 00:52:26,239 --> 00:52:28,799 Speaker 1: merger between Sprint and T Mobile that took place in 965 00:52:28,840 --> 00:52:31,760 Speaker 1: twenty twenty and how it caused everyone's cell phone bills 966 00:52:31,920 --> 00:52:33,920 Speaker 1: to go up. Now there's a bit of a happy 967 00:52:34,000 --> 00:52:36,359 Speaker 1: ending to this story. Sort of not that happy, but 968 00:52:36,400 --> 00:52:39,880 Speaker 1: it's not all gloom. Okay for starters. Remember the uncarrier 969 00:52:39,920 --> 00:52:42,400 Speaker 1: marketing stick from T Mobile. For a few years, it 970 00:52:42,440 --> 00:52:45,480 Speaker 1: was the biggest marketing story in wireless, maybe in corporate America. 971 00:52:45,600 --> 00:52:48,880 Speaker 1: T Mobile CEO John Leisure, often wearing a magenta shirt 972 00:52:48,880 --> 00:52:51,719 Speaker 1: and a leather jacket, would attack his own industry as 973 00:52:51,840 --> 00:52:55,319 Speaker 1: arrogant and greedy, and he would promise simple plans, unlimited data, 974 00:52:55,360 --> 00:52:58,920 Speaker 1: low prices, transparent fees, and the business press just ate 975 00:52:59,000 --> 00:53:02,720 Speaker 1: it up. Some people feel that companies themselves are sol wars, 976 00:53:02,719 --> 00:53:05,279 Speaker 1: that CEOs are buttoned down, and that if you do 977 00:53:05,400 --> 00:53:08,480 Speaker 1: become anything other than that, it's going to hurt your 978 00:53:08,520 --> 00:53:12,520 Speaker 1: business model. You are a living, breathing example that that's 979 00:53:12,560 --> 00:53:19,160 Speaker 1: wont Hello, who's this? This is Lisa, Lisa John? What's up? 980 00:53:19,440 --> 00:53:21,320 Speaker 1: Oh my god? Can I just tell you are the 981 00:53:21,400 --> 00:53:24,480 Speaker 1: best CEO on this planet? Yeah, but that's easy because 982 00:53:24,520 --> 00:53:30,680 Speaker 1: most CEOs suck. Corporations should be fun and spontaneous, yay, okay, 983 00:53:30,680 --> 00:53:33,400 Speaker 1: But most of all, they should cut prices and deliver 984 00:53:33,480 --> 00:53:36,040 Speaker 1: what co consumers want, and that is what T Mobile did. 985 00:53:36,400 --> 00:53:39,120 Speaker 1: From twenty twelve when he became CEO. Leisure cut prices 986 00:53:39,120 --> 00:53:41,320 Speaker 1: for cell phone plans, and this price war affected the 987 00:53:41,360 --> 00:53:44,640 Speaker 1: whole industry. Prices dropped on average by six point five 988 00:53:44,680 --> 00:53:47,640 Speaker 1: percent a year till twenty nineteen. There were lots of 989 00:53:47,680 --> 00:53:50,319 Speaker 1: new offerings, new deals, better phones, better customer service, all 990 00:53:50,360 --> 00:53:53,040 Speaker 1: the things you'd expect from competition when companies are trying 991 00:53:53,080 --> 00:53:55,920 Speaker 1: to get your business. But that price war came to 992 00:53:55,920 --> 00:53:58,680 Speaker 1: an end in twenty twenty. Last Friday, the Wall Street 993 00:53:58,719 --> 00:54:01,399 Speaker 1: Journal publish an article saying that the industry is no 994 00:54:01,480 --> 00:54:04,919 Speaker 1: longer lowering prices. Prices, in fact, are starting to go up. 995 00:54:05,480 --> 00:54:08,200 Speaker 1: Here are some examples. At and T raised the cost 996 00:54:08,200 --> 00:54:10,360 Speaker 1: of its older wireless plans by up to six dollars 997 00:54:10,360 --> 00:54:13,200 Speaker 1: for single lines and twelve dollars for family plans. Verizon 998 00:54:13,280 --> 00:54:15,040 Speaker 1: raised prices by up to twelve dollars a month on 999 00:54:15,080 --> 00:54:17,440 Speaker 1: some of its data plans and slapped the monthly per 1000 00:54:17,480 --> 00:54:20,400 Speaker 1: smartphone fee of two dollars and twenty cents on business plans, 1001 00:54:20,440 --> 00:54:23,279 Speaker 1: and raised consumer wireless plans by a dollar twenty five 1002 00:54:23,320 --> 00:54:25,760 Speaker 1: a month. And T Mobile raised fees on older plans 1003 00:54:25,800 --> 00:54:28,000 Speaker 1: by thirty one cents a month and its activation and 1004 00:54:28,040 --> 00:54:31,759 Speaker 1: support fees by five dollars. What happened, Well, we can 1005 00:54:31,800 --> 00:54:35,760 Speaker 1: thank this guy, yes, mister fun ceo himself, John Leisure. 1006 00:54:36,120 --> 00:54:39,040 Speaker 1: You see, the real cause of the uncarried strategy was 1007 00:54:39,040 --> 00:54:42,000 Speaker 1: not a charismatic CEO, but an anti trust suit. In 1008 00:54:42,000 --> 00:54:45,200 Speaker 1: twenty eleven, there were four real competitors, national competitors in 1009 00:54:45,239 --> 00:54:48,480 Speaker 1: the wireless market Verizon, AT and T, Sprint and T Mobile, 1010 00:54:48,840 --> 00:54:51,840 Speaker 1: and that's one too many if you are a telecom ceo. 1011 00:54:52,320 --> 00:54:54,960 Speaker 1: According to the Balanced Economy Project, when a telecom market 1012 00:54:54,960 --> 00:54:58,080 Speaker 1: has four rivals for competitors, there's actual competition and they 1013 00:54:58,080 --> 00:55:01,080 Speaker 1: fight over market share with better prices and better products. 1014 00:55:01,280 --> 00:55:03,560 Speaker 1: But if a merger happens and reduces the number of 1015 00:55:03,640 --> 00:55:06,360 Speaker 1: rivals in that market from four to three, prices go 1016 00:55:06,520 --> 00:55:09,920 Speaker 1: up on average by sixteen point three percent per customer. 1017 00:55:10,440 --> 00:55:12,959 Speaker 1: And that badly looked across thirty three different countries. Suit's 1018 00:55:12,960 --> 00:55:16,239 Speaker 1: a pretty robust finding. In twenty eleven, there was just 1019 00:55:16,320 --> 00:55:19,480 Speaker 1: this situation. AT and T sought to buy T Mobile 1020 00:55:19,760 --> 00:55:22,040 Speaker 1: because there were four carriers in the market and they 1021 00:55:22,080 --> 00:55:24,560 Speaker 1: wanted there to be three. So if they bought T Mobile, 1022 00:55:24,560 --> 00:55:27,280 Speaker 1: there would only have three competitors and everybody now could 1023 00:55:27,360 --> 00:55:30,040 Speaker 1: raise prices or at least stop prices from going down. Now, 1024 00:55:30,080 --> 00:55:33,000 Speaker 1: the Obama administration was generally pretty bad on corporate power 1025 00:55:33,040 --> 00:55:35,720 Speaker 1: and anti trust, but in this case they did block 1026 00:55:35,760 --> 00:55:39,120 Speaker 1: the merger. Now, Leisure became CEO of T Mobile right 1027 00:55:39,200 --> 00:55:43,000 Speaker 1: after this suit, and T Mobile was the smallest of 1028 00:55:43,040 --> 00:55:45,279 Speaker 1: the carriers, so he tried to get share and he 1029 00:55:45,360 --> 00:55:48,960 Speaker 1: launched the Uncarrier strategy and marketing campaign. As a result 1030 00:55:49,000 --> 00:55:51,640 Speaker 1: of the anti trust case, he launched a price war. 1031 00:55:52,280 --> 00:55:55,040 Speaker 1: But what happened is that executives across the industry became 1032 00:55:55,320 --> 00:55:59,200 Speaker 1: increasingly agitated over lower profits. Even as this price war 1033 00:55:59,239 --> 00:56:02,960 Speaker 1: continues and could continued in consumers, we're benefiting. Deutsche Telecom, 1034 00:56:03,000 --> 00:56:04,920 Speaker 1: which has owned T Mobile since two thousand and one, 1035 00:56:05,360 --> 00:56:09,000 Speaker 1: saw removing one of four players as essential to cashing 1036 00:56:09,000 --> 00:56:11,319 Speaker 1: out the AT and T T Mobile merger didn't go through, 1037 00:56:11,360 --> 00:56:13,080 Speaker 1: and they were like, we ought to find something to 1038 00:56:13,160 --> 00:56:15,360 Speaker 1: get rid of one of the competitors in this market. 1039 00:56:16,040 --> 00:56:20,279 Speaker 1: In twenty fifteen, Peter Ewens, T Mobiles head of strategy 1040 00:56:20,560 --> 00:56:24,640 Speaker 1: told Leisure that if we can't get four to three consolidation, 1041 00:56:25,080 --> 00:56:29,840 Speaker 1: the industry is headed for commoditization, and Deutsche Telecom should 1042 00:56:29,960 --> 00:56:34,080 Speaker 1: limit their exposure to the US. Basically, if they couldn't 1043 00:56:34,080 --> 00:56:36,840 Speaker 1: make a merger happen, they should sell T Mobile, possibly 1044 00:56:36,880 --> 00:56:38,400 Speaker 1: at a loss. And keep in mind this is at 1045 00:56:38,440 --> 00:56:40,520 Speaker 1: the same time as Leisure is on TV all over 1046 00:56:40,560 --> 00:56:45,640 Speaker 1: the place with his magenta clothing saying we're working for consumers. 1047 00:56:45,680 --> 00:56:48,759 Speaker 1: That they are trying at that time to consolidate the 1048 00:56:48,800 --> 00:56:52,880 Speaker 1: market so they can stop lowering prices. What happens, Okay, 1049 00:56:53,200 --> 00:56:57,440 Speaker 1: enter Donald Trump's new telecom friendly administration. Now, I don't 1050 00:56:57,480 --> 00:56:59,960 Speaker 1: want to get partisan here, because the Democrats are pretty 1051 00:57:00,040 --> 00:57:02,480 Speaker 1: close to certain corporate to corporate power, and so are 1052 00:57:02,480 --> 00:57:05,200 Speaker 1: the Republicans, but they're close to different industries, and the 1053 00:57:05,239 --> 00:57:07,880 Speaker 1: Republicans tend to be closer to the telecom industry. Well. 1054 00:57:07,920 --> 00:57:11,040 Speaker 1: Immediately after Trump took office, Leisure texted the higher ups 1055 00:57:11,040 --> 00:57:14,040 Speaker 1: at Deutsche Telecom and he said that quote, the regulatory 1056 00:57:14,120 --> 00:57:17,000 Speaker 1: environment will never be better than now four a four 1057 00:57:17,080 --> 00:57:20,040 Speaker 1: to three merger. To highlight this point, he then added, 1058 00:57:20,520 --> 00:57:24,720 Speaker 1: quote big prizes, so smile and get to the table, 1059 00:57:25,760 --> 00:57:28,720 Speaker 1: and they did. Sprint and T Mobile decided to merge 1060 00:57:28,760 --> 00:57:31,520 Speaker 1: and launched a massive lobbying campaign to get the Trump 1061 00:57:31,560 --> 00:57:35,560 Speaker 1: Adminission administration to allow the merger. Remember that super fun CEO. 1062 00:57:36,080 --> 00:57:38,600 Speaker 1: He had a lot of fun in Washington, DC, and 1063 00:57:38,640 --> 00:57:40,920 Speaker 1: both Sprint and T Mobile spent tons of money at 1064 00:57:40,960 --> 00:57:45,360 Speaker 1: the Trump Hotel to get their merger through, and it worked. 1065 00:57:45,800 --> 00:57:49,240 Speaker 1: Trump installed an ex Verizon executive Adjit Pie at the 1066 00:57:49,240 --> 00:57:53,440 Speaker 1: Federal Communication Commission, which oversees telecom mergers, and pilot T 1067 00:57:53,600 --> 00:57:56,040 Speaker 1: Mobile Bysprint without a challenge. In fact, he said it 1068 00:57:56,080 --> 00:57:57,880 Speaker 1: was a good merger, was good for the public interest. 1069 00:57:58,200 --> 00:58:01,280 Speaker 1: But a number of state attorney generals, led by Letitia 1070 00:58:01,320 --> 00:58:04,560 Speaker 1: James in New York, did sue to stop the merger. Unfortunately, 1071 00:58:04,680 --> 00:58:08,040 Speaker 1: a Bill Clinton appointed judge, Victor Morrero heard the case 1072 00:58:08,240 --> 00:58:11,640 Speaker 1: and ruled against the states and for T Mobile. Marrero 1073 00:58:11,760 --> 00:58:13,800 Speaker 1: did so because for a number of reasons, one of 1074 00:58:13,800 --> 00:58:15,640 Speaker 1: which is that the federal government said, oh, this is 1075 00:58:15,640 --> 00:58:18,640 Speaker 1: a good merger. But also, throughout the process of buying 1076 00:58:18,680 --> 00:58:22,320 Speaker 1: Sprint and T Mobile executives and the trial had promised 1077 00:58:22,360 --> 00:58:25,120 Speaker 1: that they would continue its quote past pattern of aggressive 1078 00:58:25,160 --> 00:58:27,600 Speaker 1: competition with AT and T and Verzon, and that the 1079 00:58:27,600 --> 00:58:31,000 Speaker 1: merger would therefore not result in higher prices end quote. 1080 00:58:31,240 --> 00:58:35,320 Speaker 1: But as soon as the merger closed, prices started going up, 1081 00:58:35,480 --> 00:58:39,520 Speaker 1: as Deutsche Telecom CEO publicly bragged after the merger closed 1082 00:58:40,000 --> 00:58:44,400 Speaker 1: its harvest time. Indeed, here is a price chart for 1083 00:58:44,520 --> 00:58:48,680 Speaker 1: wireless telephone services showing what happened before and after the 1084 00:58:48,760 --> 00:58:52,160 Speaker 1: merger that sort of says it all. It turns out 1085 00:58:52,200 --> 00:58:57,200 Speaker 1: that Yes, Leisure had lied to the judge. Shocking, I know. Now. 1086 00:58:57,280 --> 00:58:59,520 Speaker 1: T Mobile was blocked by the merger agreement from raising 1087 00:58:59,520 --> 00:59:02,280 Speaker 1: its prices directly, but it raised prices in other ways 1088 00:59:02,480 --> 00:59:04,960 Speaker 1: by hiking fees, passing through increases in the cost of 1089 00:59:04,960 --> 00:59:08,080 Speaker 1: third party benefits like streaming services, denying use of its 1090 00:59:08,120 --> 00:59:10,480 Speaker 1: network to its rival Dish, which was a condition of 1091 00:59:10,480 --> 00:59:12,840 Speaker 1: the merger, as well as increasing the cost of devices 1092 00:59:12,840 --> 00:59:16,760 Speaker 1: and handsets. T Mobile also destroyed independent wireless dealers, shrinking 1093 00:59:16,760 --> 00:59:20,400 Speaker 1: the number of stores and forcing onerous terms on the 1094 00:59:20,440 --> 00:59:24,320 Speaker 1: remaining wireless dealers. T Mobile also immediately started spying on 1095 00:59:24,360 --> 00:59:27,680 Speaker 1: its customers by expanding its surveillance ad business, which is 1096 00:59:27,720 --> 00:59:29,960 Speaker 1: exactly the kind of invasion of privacy that Google and 1097 00:59:30,000 --> 00:59:33,480 Speaker 1: Facebook engage in because they don't have a lot of competition. 1098 00:59:34,440 --> 00:59:37,760 Speaker 1: So the merger didn't just hurt T Mobile customers, it 1099 00:59:37,880 --> 00:59:40,560 Speaker 1: changed the industry. It kind of hurt all mobile customers 1100 00:59:40,760 --> 00:59:43,680 Speaker 1: without price competition at and T and Verizon are now 1101 00:59:43,760 --> 00:59:47,440 Speaker 1: hiking prices and will likely keep doing so now. To 1102 00:59:47,560 --> 00:59:50,640 Speaker 1: be fair, some of the promises of the merging parties 1103 00:59:50,680 --> 00:59:53,840 Speaker 1: were kept. For instance, sprinting T Mobile executives got the 1104 00:59:53,920 --> 00:59:56,920 Speaker 1: large bonuses that they were promised for getting this merger through. 1105 00:59:57,200 --> 00:59:59,480 Speaker 1: Leisure himself received more than one hundred and thirty seven 1106 00:59:59,520 --> 01:00:02,280 Speaker 1: million dollars estimated out of the deal in a severance 1107 01:00:02,320 --> 01:00:05,040 Speaker 1: payment promised to him on completion of the merger. Yes, 1108 01:00:05,120 --> 01:00:08,360 Speaker 1: immediately after the deal he stepped down as CEO, probably 1109 01:00:08,400 --> 01:00:10,320 Speaker 1: so he wouldn't ever have to look at the collar 1110 01:00:10,360 --> 01:00:14,880 Speaker 1: of Magenta again. Now. Normally, after such a fiasco, there's 1111 01:00:14,920 --> 01:00:17,280 Speaker 1: nothing to be done. Executives lie to a judge. Our 1112 01:00:17,280 --> 01:00:20,880 Speaker 1: merger goes through everybody, but Wall Street loses the end. 1113 01:00:20,960 --> 01:00:23,040 Speaker 1: But in a recent antitrust suit this was filed just 1114 01:00:23,080 --> 01:00:25,920 Speaker 1: a couple of weeks ago, plaintiff's lawyers in a class 1115 01:00:25,960 --> 01:00:29,320 Speaker 1: action suit representing consumers are suing T Mobile and its 1116 01:00:29,320 --> 01:00:33,440 Speaker 1: owners Deutsche Telecom and SoftBank on behalf of consumers, and 1117 01:00:33,480 --> 01:00:35,800 Speaker 1: they are calling for a reversal of the merger and 1118 01:00:35,880 --> 01:00:40,360 Speaker 1: for damages based on what they show our unfair price hikes. Now, 1119 01:00:40,640 --> 01:00:43,560 Speaker 1: could a breakup happen? Could these private plaintiffs get what 1120 01:00:43,560 --> 01:00:46,080 Speaker 1: they want? Well? Last year the Fourth Circuit heard a 1121 01:00:46,120 --> 01:00:48,680 Speaker 1: similar suit and ordered a breakup of a company called 1122 01:00:49,080 --> 01:00:51,560 Speaker 1: gelled When, which is a window and door producer that 1123 01:00:51,640 --> 01:00:55,880 Speaker 1: cheated competitors. So it is possible there is precedent. Now, 1124 01:00:55,920 --> 01:00:58,040 Speaker 1: hopefully this case goes to court and part of the 1125 01:00:58,040 --> 01:01:00,680 Speaker 1: remedy will be clawing back the hundred million dollar plus 1126 01:01:00,760 --> 01:01:04,120 Speaker 1: compensation that went to Leisure lying to a judge to 1127 01:01:04,200 --> 01:01:06,960 Speaker 1: enable an illegal merger. Also, a phone company can raise 1128 01:01:06,960 --> 01:01:09,600 Speaker 1: our cell phone bills is wrong. No one should get 1129 01:01:09,720 --> 01:01:12,440 Speaker 1: a perjury bonus, no matter how much magenta they are 1130 01:01:12,440 --> 01:01:15,960 Speaker 1: willing to humiliate themselves by wearing. Thanks for watching this 1131 01:01:16,000 --> 01:01:18,720 Speaker 1: big breakdown on the Breaking Points channel. If you'd like 1132 01:01:18,760 --> 01:01:21,280 Speaker 1: to know more about big business and how our economy 1133 01:01:21,320 --> 01:01:23,440 Speaker 1: really works, you can sign up below for my market 1134 01:01:23,440 --> 01:01:26,560 Speaker 1: power focused newsletter Big in the description. Thanks and have 1135 01:01:26,600 --> 01:01:30,480 Speaker 1: a good one. Hey there, my name is James Lee. 1136 01:01:30,560 --> 01:01:33,320 Speaker 1: Welcome to another segment of fifty one forty nine on 1137 01:01:33,520 --> 01:01:36,800 Speaker 1: Breaking Points, and today I want to talk about golf, 1138 01:01:37,000 --> 01:01:41,880 Speaker 1: specifically the PGA Tours developing war against the Saudi's new 1139 01:01:41,960 --> 01:01:45,080 Speaker 1: Live Golf Tour, because I think it provides us with 1140 01:01:45,160 --> 01:01:49,320 Speaker 1: an interesting case study of how institutions function, what their 1141 01:01:49,360 --> 01:01:52,800 Speaker 1: purpose is, who they're beholden to, and what kinds of 1142 01:01:52,840 --> 01:01:56,320 Speaker 1: external pressures they respond to. Now, I know some of 1143 01:01:56,360 --> 01:01:59,400 Speaker 1: you maybe aren't regular viewers of golf, for maybe a 1144 01:01:59,440 --> 01:02:01,360 Speaker 1: lot of you aren't regular viewers of golf, so I 1145 01:02:01,440 --> 01:02:04,000 Speaker 1: want to take a quick second to lay out the basics. 1146 01:02:05,000 --> 01:02:07,960 Speaker 1: Like most professional sports, professional golf is more or less 1147 01:02:08,040 --> 01:02:12,560 Speaker 1: organized regionally and dominated by these monopolistic leagues. In the 1148 01:02:12,680 --> 01:02:16,600 Speaker 1: United States, the premier organizer of competition is, of course, 1149 01:02:16,640 --> 01:02:20,160 Speaker 1: the PGA Tour. In Europe, you have the European Tour 1150 01:02:20,280 --> 01:02:23,960 Speaker 1: now known as the dp World Tour. Those two tours 1151 01:02:23,960 --> 01:02:27,920 Speaker 1: are often viewed as having the most cachet and relatively 1152 01:02:27,960 --> 01:02:30,840 Speaker 1: on par with one another in terms of competitive quality. 1153 01:02:31,240 --> 01:02:35,040 Speaker 1: And then there are these other various affiliate tours around 1154 01:02:35,120 --> 01:02:37,520 Speaker 1: the other parts of the world, the Japan Golf Tour, 1155 01:02:37,680 --> 01:02:42,800 Speaker 1: PGA Tour of Australasia, the Sunshine Tour in South Africa, etc. Etc. So, 1156 01:02:42,880 --> 01:02:44,560 Speaker 1: like I was saying, the PGA Tour is pretty much 1157 01:02:44,600 --> 01:02:48,440 Speaker 1: held a monopoly over professional golf tournaments in the United States. 1158 01:02:48,960 --> 01:02:52,760 Speaker 1: They bring together the biggest sponsors with the most money, 1159 01:02:53,440 --> 01:02:57,160 Speaker 1: the best players, and the most fans. Prize money is 1160 01:02:57,200 --> 01:02:59,480 Speaker 1: warded to players based on how well they do in 1161 01:02:59,520 --> 01:03:02,480 Speaker 1: the tournament. The winner makes on average north of a 1162 01:03:02,560 --> 01:03:06,480 Speaker 1: million dollars. The top half all come away with some money, 1163 01:03:06,760 --> 01:03:10,000 Speaker 1: and the bottom half unfortunately received no money at all. 1164 01:03:10,600 --> 01:03:13,640 Speaker 1: So a big difference here between pro golfers and maybe 1165 01:03:13,720 --> 01:03:18,160 Speaker 1: other professional athletes is that outside of individual sponsorship money, 1166 01:03:18,520 --> 01:03:22,800 Speaker 1: a paycheck is actually not guaranteed with participation like in 1167 01:03:22,840 --> 01:03:26,760 Speaker 1: most other sports. But all that is changing. A golf 1168 01:03:26,800 --> 01:03:29,800 Speaker 1: tournament funded by Saudi Arabia is asking questions of how 1169 01:03:29,800 --> 01:03:32,680 Speaker 1: the sport is run and what, if anything, the sport 1170 01:03:32,760 --> 01:03:35,720 Speaker 1: stands for. At the Centurion Course in the south of England, 1171 01:03:35,800 --> 01:03:38,480 Speaker 1: some of the world's best players have gathered. This an 1172 01:03:38,480 --> 01:03:41,000 Speaker 1: exciting time. I think is exciting for the game of 1173 01:03:41,040 --> 01:03:43,280 Speaker 1: golf and I'm excited to be a part of it. 1174 01:03:43,920 --> 01:03:46,520 Speaker 1: Excitement all round. And this is a series of eight 1175 01:03:46,560 --> 01:03:50,360 Speaker 1: tournaments aimed, we're told, at giving players more freedom. Live 1176 01:03:50,400 --> 01:03:53,560 Speaker 1: golf has given them the opportunity for another pathway to 1177 01:03:54,960 --> 01:03:58,160 Speaker 1: be the independent contractors go play where they need to play, 1178 01:03:58,200 --> 01:04:00,440 Speaker 1: when they want to play for more money. That's right, 1179 01:04:00,560 --> 01:04:03,160 Speaker 1: more money, And of course the money is not really 1180 01:04:03,160 --> 01:04:06,360 Speaker 1: the controversial part here. It's the source of that money 1181 01:04:06,480 --> 01:04:09,880 Speaker 1: that's sparking the controversy, with live golf being backed by 1182 01:04:09,920 --> 01:04:14,640 Speaker 1: the Saudi Arabian government, a country with rampant human rights abuses, 1183 01:04:14,720 --> 01:04:18,840 Speaker 1: most notably the murder of dissident Washington Post journalist Jamal Kashogi, 1184 01:04:19,600 --> 01:04:22,640 Speaker 1: but they also happen to have extremely deep pockets and 1185 01:04:22,720 --> 01:04:26,440 Speaker 1: have been poaching players with guaranteed money just to participate 1186 01:04:26,480 --> 01:04:29,720 Speaker 1: in their tournaments, from millions to tens of millions of 1187 01:04:29,760 --> 01:04:32,440 Speaker 1: dollars for some veteran players, and even hundreds of millions 1188 01:04:32,440 --> 01:04:35,520 Speaker 1: for the top players. Quote the widely reported figures include 1189 01:04:35,520 --> 01:04:38,120 Speaker 1: two hundred million dollars for Phil Mickelson, one hundred and 1190 01:04:38,160 --> 01:04:41,840 Speaker 1: twenty five million for Dustin Johnson, one hundred million plus 1191 01:04:41,880 --> 01:04:45,320 Speaker 1: for Bryson Deshambeau, and between twenty and thirty million for 1192 01:04:45,400 --> 01:04:48,360 Speaker 1: the forty six year old Ian Poulter. Now, in every 1193 01:04:48,360 --> 01:04:53,080 Speaker 1: professional sports dispute, the narrative of millionaire versus billionaires gets 1194 01:04:53,120 --> 01:04:55,880 Speaker 1: thrown around a lot, but the reality is there are 1195 01:04:55,880 --> 01:04:58,480 Speaker 1: actually a lot of golfers that are just grinding it out, 1196 01:04:58,960 --> 01:05:02,000 Speaker 1: playing a game for a no doubt, but not exactly 1197 01:05:02,040 --> 01:05:06,160 Speaker 1: living a glamorous lifestyle. For example, Andy Ogletree, the golfer 1198 01:05:06,200 --> 01:05:08,760 Speaker 1: who finished last in the first Live Golf tournament, made 1199 01:05:08,760 --> 01:05:11,080 Speaker 1: one hundred and twenty thousand dollars for playing in just 1200 01:05:11,160 --> 01:05:15,240 Speaker 1: that tournament alone, compared with just thirty eight thousand dollars 1201 01:05:15,280 --> 01:05:17,560 Speaker 1: in two years on the PGA Tour since he turned 1202 01:05:17,600 --> 01:05:20,600 Speaker 1: pro back in twenty twenty. So you could see why 1203 01:05:20,760 --> 01:05:24,400 Speaker 1: golfers would want to join the Live Golf Tour. What 1204 01:05:24,880 --> 01:05:28,080 Speaker 1: is it about live golf that attracted you? You know, 1205 01:05:28,240 --> 01:05:31,440 Speaker 1: ever since I was first introduced to this idea, you know, 1206 01:05:31,680 --> 01:05:33,479 Speaker 1: I thought it was, you know, great for the game 1207 01:05:33,480 --> 01:05:36,880 Speaker 1: of golf. You know, I was excited about a new format, 1208 01:05:37,400 --> 01:05:39,680 Speaker 1: you know, kind of a new new kind of golf 1209 01:05:39,760 --> 01:05:41,720 Speaker 1: that you know, I think it is great for the game, 1210 01:05:41,800 --> 01:05:45,560 Speaker 1: it's great for the fans. Nope, it's not that. Like 1211 01:05:45,600 --> 01:05:49,360 Speaker 1: we've already covered, golf has already played all around the world. 1212 01:05:49,440 --> 01:05:51,520 Speaker 1: So I don't really see how live golf is going 1213 01:05:51,600 --> 01:05:54,880 Speaker 1: to grow the game. It's just about the money. And 1214 01:05:54,960 --> 01:05:57,840 Speaker 1: to me, the truth is always a defense, and I 1215 01:05:57,840 --> 01:06:00,919 Speaker 1: think sports fans are more or less okay with pro 1216 01:06:00,960 --> 01:06:04,480 Speaker 1: athletes being honest about the money. I mean, yeah, sure, 1217 01:06:04,520 --> 01:06:08,080 Speaker 1: there's a certain glory to competition in winning championships, but 1218 01:06:08,600 --> 01:06:11,200 Speaker 1: a lot of incentives are financial, so we get it. 1219 01:06:11,200 --> 01:06:12,800 Speaker 1: You don't have to beat around the bush with us. 1220 01:06:13,400 --> 01:06:16,000 Speaker 1: Just in nine to eleven Families released a statement moments 1221 01:06:16,000 --> 01:06:20,040 Speaker 1: ago saying, quote, Phil knows exactly what he's doing, and 1222 01:06:20,120 --> 01:06:23,560 Speaker 1: he and his fellow lived golfers should be ashamed. They're 1223 01:06:23,600 --> 01:06:27,360 Speaker 1: helping the Saudi regime sports wash their reputation in return 1224 01:06:27,480 --> 01:06:30,640 Speaker 1: for tens of millions of dollars. Joining us now seeing 1225 01:06:30,640 --> 01:06:32,600 Speaker 1: a contributor, Bob cost Us. Bob, great to see you 1226 01:06:32,600 --> 01:06:34,800 Speaker 1: in person. Hi, Brianna, what do you think of the 1227 01:06:34,840 --> 01:06:38,600 Speaker 1: controversy and how Mickelson responded to it yesterday? The well, 1228 01:06:38,720 --> 01:06:42,240 Speaker 1: he's trying to smooth things out. But this is blood money. 1229 01:06:42,280 --> 01:06:44,840 Speaker 1: It's just no two ways around it. It's blood money. 1230 01:06:45,200 --> 01:06:48,600 Speaker 1: This is Saudi blood money. We know all we need 1231 01:06:48,640 --> 01:06:51,880 Speaker 1: to know. Now. I'm not going to defend Saudi Arabia, obviously, 1232 01:06:51,920 --> 01:06:55,680 Speaker 1: but come on, morality, are we really suggesting that we 1233 01:06:55,720 --> 01:07:00,000 Speaker 1: expect the same, if not higher standards from pro golfers 1234 01:07:00,160 --> 01:07:03,240 Speaker 1: and actual public servants who will take money from just 1235 01:07:03,320 --> 01:07:06,800 Speaker 1: about anybody, And to give golfer some credit, some have 1236 01:07:07,120 --> 01:07:10,000 Speaker 1: taken a stand while others have taken the money. I 1237 01:07:10,040 --> 01:07:14,600 Speaker 1: don't think we can or should expect much more than that. 1238 01:07:15,280 --> 01:07:18,000 Speaker 1: In a recent interview, Hall of Fame golfer Greg Norman, 1239 01:07:18,520 --> 01:07:21,120 Speaker 1: the CEO of Live Golf, fired back at the PGA 1240 01:07:21,160 --> 01:07:24,120 Speaker 1: Tour for being hypocritical, saying, quote, look, if they want 1241 01:07:24,160 --> 01:07:26,160 Speaker 1: to look at it in prism, then why does the 1242 01:07:26,200 --> 01:07:29,280 Speaker 1: PGA Tour have twenty three sponsors within the PGA Tour 1243 01:07:29,400 --> 01:07:33,440 Speaker 1: doing forty plus billion dollars worth of business with Saudi Arabia. 1244 01:07:34,040 --> 01:07:37,840 Speaker 1: The European PGA Tour has a golf tournament, the Saudi International, 1245 01:07:37,880 --> 01:07:41,040 Speaker 1: that's still in existence since twenty nineteen, Norman said, And 1246 01:07:41,160 --> 01:07:44,120 Speaker 1: during that Saudi International there were PGA Tour players who 1247 01:07:44,120 --> 01:07:47,400 Speaker 1: were given rights and waivers to go play there. I mean, 1248 01:07:47,400 --> 01:07:49,840 Speaker 1: the reality is the amount of money that's flown around 1249 01:07:49,840 --> 01:07:53,560 Speaker 1: all throughout the world. There's no side that's truly clean. Yeah, 1250 01:07:53,600 --> 01:07:56,360 Speaker 1: you have one side definitely more evil than the other. 1251 01:07:56,880 --> 01:08:01,360 Speaker 1: We have capitalists, full throated capitalists agreed on one side, 1252 01:08:01,720 --> 01:08:05,200 Speaker 1: versus straight up murders on the other. But the fact is, 1253 01:08:05,320 --> 01:08:07,880 Speaker 1: so far twenty of the top one hundred players in 1254 01:08:07,880 --> 01:08:10,280 Speaker 1: the world and six of the top fifty have already 1255 01:08:10,360 --> 01:08:13,160 Speaker 1: joined live golf, with more on the way, and that 1256 01:08:13,240 --> 01:08:15,840 Speaker 1: leaves the PGA Tour terrified, so much so that they've 1257 01:08:15,880 --> 01:08:19,960 Speaker 1: taken unprecedented action to ban any golfers who teed it 1258 01:08:20,040 --> 01:08:23,640 Speaker 1: up in a live golf event from future PGA Tour competition. 1259 01:08:24,240 --> 01:08:27,679 Speaker 1: They've also announced eight additional events with a one hundred 1260 01:08:27,680 --> 01:08:30,280 Speaker 1: and sixty million dollars total perse for top players in 1261 01:08:30,320 --> 01:08:34,240 Speaker 1: no cut tournaments with a guaranteed payout similar to the 1262 01:08:34,360 --> 01:08:37,760 Speaker 1: live golf events now and asked where the money came 1263 01:08:37,800 --> 01:08:41,559 Speaker 1: from in a recent press conference, the commissioner of the 1264 01:08:41,600 --> 01:08:44,479 Speaker 1: PGA Tour was basically forced to admit that there was 1265 01:08:44,479 --> 01:08:47,040 Speaker 1: always a little bit more money all along, Jay, as 1266 01:08:47,080 --> 01:08:50,559 Speaker 1: you mentioned, through the resource allocation plan. It was down 1267 01:08:50,640 --> 01:08:53,799 Speaker 1: today that persons will be raised at those eight events 1268 01:08:53,800 --> 01:08:57,920 Speaker 1: moving forward. Just wondering where where does where do those 1269 01:08:57,920 --> 01:09:00,960 Speaker 1: increased funds come from, and if they were readily available, 1270 01:09:01,000 --> 01:09:05,719 Speaker 1: why weren't they being offered previously? Like I said earlier, 1271 01:09:05,960 --> 01:09:09,120 Speaker 1: we're running a business. So the changes that we're making, 1272 01:09:09,200 --> 01:09:12,800 Speaker 1: which will be roughly forty five million dollars an incremental 1273 01:09:12,840 --> 01:09:18,200 Speaker 1: purse is coming from a combination of sponsor contribution, you know, 1274 01:09:18,680 --> 01:09:22,560 Speaker 1: ways to continue to sell more within those events themselves, 1275 01:09:22,960 --> 01:09:27,120 Speaker 1: and our reserves. In reserves, you see the PGA Tour's 1276 01:09:27,160 --> 01:09:30,960 Speaker 1: decision to go to war with live golfers, shaming them 1277 01:09:31,000 --> 01:09:33,879 Speaker 1: at first, even getting the nine to eleven families involved, 1278 01:09:33,880 --> 01:09:37,000 Speaker 1: and when that didn't work, punishing them by banning them 1279 01:09:37,000 --> 01:09:41,880 Speaker 1: from future competition. Isn't because they are human rights advocates 1280 01:09:42,320 --> 01:09:46,479 Speaker 1: or bastions of democracy, your principled actors against evil. They're 1281 01:09:46,520 --> 01:09:50,800 Speaker 1: doing so to preserve the PGA Tour. That's it. That's 1282 01:09:50,840 --> 01:09:52,559 Speaker 1: why all of a sudden they're willing to shell out 1283 01:09:52,600 --> 01:09:56,920 Speaker 1: more money because their survival is being threatened. Which brings 1284 01:09:56,960 --> 01:09:58,360 Speaker 1: me to the point I want it to end, one, 1285 01:09:58,360 --> 01:10:01,559 Speaker 1: which is a case study on instituttions, their purpose, who 1286 01:10:01,560 --> 01:10:04,840 Speaker 1: they're beholden to, and what kinds of pressures they respond to. 1287 01:10:05,600 --> 01:10:09,160 Speaker 1: Machiavelli wrote in the prince quote, a prince must have 1288 01:10:09,320 --> 01:10:12,800 Speaker 1: no other objective, no other thought, nor take up any 1289 01:10:12,840 --> 01:10:16,720 Speaker 1: profession but that of war, its methods, and its discipline, 1290 01:10:16,760 --> 01:10:19,240 Speaker 1: for that is the only art expected of a ruler. 1291 01:10:19,760 --> 01:10:21,679 Speaker 1: The analogy I'm trying to make is that for any 1292 01:10:21,720 --> 01:10:27,160 Speaker 1: institution PGA Tour included, the ultimate goal is self preservation. 1293 01:10:27,600 --> 01:10:31,240 Speaker 1: They don't exist to serve players. They exist primarily to 1294 01:10:31,320 --> 01:10:35,840 Speaker 1: maintain their monopoly power over players. Who they actually serve 1295 01:10:36,040 --> 01:10:39,880 Speaker 1: are those who enable them to fortify their war chests 1296 01:10:39,920 --> 01:10:44,120 Speaker 1: and defend their monopoly, namely capital, the people who control 1297 01:10:44,280 --> 01:10:48,719 Speaker 1: that flow of money aka in their case, multi billion 1298 01:10:48,760 --> 01:10:52,160 Speaker 1: dollar corporate sponsors. And if I can take a brief 1299 01:10:52,200 --> 01:10:55,479 Speaker 1: detour from the golf and make another analogy to another 1300 01:10:55,560 --> 01:10:59,839 Speaker 1: almighty institution, the United States Congress, which I believe functions 1301 01:11:00,000 --> 01:11:02,559 Speaker 1: in a very similar way, I don't think it's really 1302 01:11:02,600 --> 01:11:06,040 Speaker 1: an accident that Congress has such low approval ratings. It's 1303 01:11:06,040 --> 01:11:09,280 Speaker 1: not that the Democrats and the Republicans don't know how 1304 01:11:09,280 --> 01:11:13,519 Speaker 1: to govern. It's that good governance takes a back seat 1305 01:11:13,720 --> 01:11:17,440 Speaker 1: to their real priority, which is, once again, self preservation. 1306 01:11:18,080 --> 01:11:22,519 Speaker 1: It's not really in competence that explains why they haven't 1307 01:11:22,880 --> 01:11:25,400 Speaker 1: raised the minimum wage or haven't been able to lower 1308 01:11:25,439 --> 01:11:29,360 Speaker 1: the prescription drug prices. It's that they were never meant to. 1309 01:11:30,520 --> 01:11:34,000 Speaker 1: And one final thought, just my two cents. Any appeal 1310 01:11:34,080 --> 01:11:38,360 Speaker 1: to morality or tradition from any institutional power is done 1311 01:11:38,400 --> 01:11:43,320 Speaker 1: with some degree of obfuscation. The truth is that institutions 1312 01:11:43,960 --> 01:11:46,320 Speaker 1: really have They have no morals or traditions at all, 1313 01:11:46,800 --> 01:11:51,000 Speaker 1: other than to preserve their power. The PGA tour doesn't 1314 01:11:51,040 --> 01:11:54,519 Speaker 1: care about human rights any more than Republicans care about 1315 01:11:54,600 --> 01:11:58,400 Speaker 1: life or the Democrats fighting for the little guy. Appeal 1316 01:11:58,439 --> 01:12:02,559 Speaker 1: to morality and tradition is a technique used to appeal 1317 01:12:02,640 --> 01:12:06,639 Speaker 1: to human emotion as a form of control. You shouldn't 1318 01:12:06,720 --> 01:12:09,800 Speaker 1: do this because the money is dirty. You can't vote 1319 01:12:09,840 --> 01:12:12,360 Speaker 1: for them because they're bigots, or you can't vote for 1320 01:12:12,400 --> 01:12:15,439 Speaker 1: them because they're radical liberals, et cetera, et cetera. The 1321 01:12:15,600 --> 01:12:19,840 Speaker 1: unfortunate truth is that in today's society there are no 1322 01:12:19,880 --> 01:12:24,760 Speaker 1: more morals. There are no sides, there's just money. Thank 1323 01:12:24,800 --> 01:12:26,920 Speaker 1: you so much for listening. I hope you enjoyed today's 1324 01:12:26,920 --> 01:12:30,840 Speaker 1: discussion about golf and about how institutions function. If you 1325 01:12:30,920 --> 01:12:34,000 Speaker 1: found this interesting and would like to learn more, please 1326 01:12:34,080 --> 01:12:36,439 Speaker 1: check out my channel fifty one forty nine with James Lee, 1327 01:12:36,439 --> 01:12:39,679 Speaker 1: where I release weekly videos relating to the intersection of business, 1328 01:12:39,680 --> 01:12:43,000 Speaker 1: politics and society. Link will be in the description below. 1329 01:12:43,080 --> 01:12:45,640 Speaker 1: Of course, subscribe to Breaking Points and thank you so 1330 01:12:45,720 --> 01:12:46,639 Speaker 1: much for your time today.