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Speaker 1: Good morning, everybody, Happy Tuesday. We have an amazing show

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Speaker 1: for everybody today. What is going on? Indeed, we do

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Speaker 1: what's happening. We got rid of Sager's desk. That's right,

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Speaker 1: We actually down We actually got all these premium memberships

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Speaker 1: and we decided that we're going to downgrade. Anna. Yeah,

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Speaker 1: we we sold off this ever scrap No, just kidding. Okay,

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Speaker 1: So this is there's actually a good reason why the

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Speaker 1: set looks a little different and we're a little cozy today,

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Speaker 1: which is that we are down in Austin, Texas. The

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Speaker 1: reason we are down in Austin, Texas, as you might

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Speaker 1: be able to guess, is because we are going on

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Speaker 1: with Joe Rogan, so we're getting ready for that. But

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Speaker 1: we still wanted to do a show for you guys,

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Speaker 1: especially since this whole thing is brand new. It will

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Speaker 1: be a little bit of a different show. We're just

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Speaker 1: going to go through a few of the stories that

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Speaker 1: we thought were really important. There's some stuff that we

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Speaker 1: did not want to miss miss, so we will bring

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Speaker 1: that to you. And as in terms of the schedule

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Speaker 1: for the week, it's also a little bit different. So

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Speaker 1: I okay, so today we're doing a little bit of

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Speaker 1: an abbreviated show Thursday, and we would normally do another show.

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Speaker 1: We have something a special surprise that we will be

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Speaker 1: bringing you, so stay tuned for that. And then normally

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Speaker 1: we would not do a Friday show, But because Sager

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Speaker 1: will be going through desk withdrawal, we're gonna get back

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Speaker 1: in the studio on Friday do a full show for

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Speaker 1: you with our monologue and our guests and all the

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Speaker 1: stuff that you're used to. So that's what's going on. Yeah,

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Speaker 1: I gotta put my hands on her, make sure she's clean,

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Speaker 1: sure they haven't screwed with it, make sure we're haven't

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Speaker 1: screwed with it. While we're gone with Eric. By the way,

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Speaker 1: I'm watching you guys like a hawk. I like that

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Speaker 1: you decided the desk is female. Oh yeah, no, there

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Speaker 1: you go. So it's like a ship, you know, it's

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Speaker 1: like a car, it's like something. It's like an attachment.

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Speaker 1: Here's the thing. So it's been fun. By the way,

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Speaker 1: shout out to all of you who saw us on

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Speaker 1: the street here and you're like, I know why you're here,

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Speaker 1: and I'm like, oh, you don't. Look, We've got awesome

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Speaker 1: stories here that we want to que up Obviously Biden

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Speaker 1: is abroad right now, and there's a lot to be

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Speaker 1: said about NATO and all the serious stuff here. But look,

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Speaker 1: to be honest, I mean, he does not look like

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Speaker 1: in decent shape. And this CLI in particular that came

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Speaker 1: across our radar so to speak, really just speaks volumes

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Speaker 1: where he screwed up the Syria and said Libya three

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Speaker 1: times in a row. It was incredibly meandering answer, very

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Speaker 1: very strange. Let's just go ahead and we'll take a

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Speaker 1: listen to that where we could work together with Russia,

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Speaker 1: for example, and in Libya we should be opening up

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Speaker 1: the passes to be able to go through and provide

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Speaker 1: food assistance and economics, I mean, vital assistance to a

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Speaker 1: population that's in real trouble. I think I'm going to

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Speaker 1: try very much hard to it is. By the way,

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Speaker 1: there's places where I shouldn't be starting off and negotiating

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Speaker 1: in public here. But let me say it this way.

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Speaker 1: Russia has engaged in activities which we believe our contrary

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Speaker 1: to international norms, but they have also uh bitten off

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Speaker 1: some real problems they're going to have trouble chewing on,

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Speaker 1: and for example, the rebuilding of of of Syria, of

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Speaker 1: of Libya, of you know this is they're there, and

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Speaker 1: as long as they're there without the ability to bring

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Speaker 1: about some order in the in the region. You can't

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Speaker 1: do that very well without providing for the basic economic

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Speaker 1: needs of people. So I'm hopeful that we can find

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Speaker 1: an accommodation that where we can save the lives of

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Speaker 1: people and for example and uh in Libya that Okay,

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Speaker 1: there's a lot going on there. Look, I'm not gonna

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Speaker 1: say Trump was the most articulate president ever, so everyone's

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Speaker 1: always like, what about trumplement, Yeah, he also couldn't form

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Speaker 1: a sentence, and it was rightly, like pretty embarrassing whenever

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Speaker 1: we were abroad, and it was bad. And I think

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Speaker 1: that look from a press perspective, it's obvious, gristle that

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Speaker 1: if this had happened in the Trump administration or really

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Speaker 1: any normal administry kind of like pre the great partisan

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Speaker 1: cheerleading of the media, that they would say this was crazy.

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Speaker 1: It was a disastrous answer here, right, And look, we're

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Speaker 1: not going after him because he's old, but we're saying, like,

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Speaker 1: this is the president of the United States, and it

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Speaker 1: is obvious to anybody that what's happening here or at

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Speaker 1: the very least. It was a bad day, right, and

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Speaker 1: yet there was zero coverage. It was like a complete blackout.

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Speaker 1: Instead they were like commenting on I also love the

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Speaker 1: Russophobia of the press being like, are you gonna stick

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Speaker 1: it to him, mister president, Like what are your red lines,

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Speaker 1: mister president? And he's like, verify but trust And I'm like, God,

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Speaker 1: like these people are they literally want to be at

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Speaker 1: war with Russia. But that's a whole other conversation. They

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Speaker 1: basically just memory hold that entire clip from what was

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Speaker 1: happening here. It really is a media story first and foremost, well,

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Speaker 1: first and foremost is the story about the fact that

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Speaker 1: you know, look, whatever you think of Biden, you have

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Speaker 1: to be honest about what his capabilities are at this point.

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Speaker 1: And you just would not have seen that performance from

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Speaker 1: him even five years ago, certainly when he was serving

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Speaker 1: as vice president in the Obama administration. And you say,

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Speaker 1: you know, the press would have covered it differently if

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Speaker 1: it was a different president. The press did cover this

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Speaker 1: differently before Biden was the Democratic nominee. Yeah, I mean,

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Speaker 1: they were some of the Glenn points us out routinely.

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Speaker 1: They were some of the most actually aggressive pointing out

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Speaker 1: some of these families. Remember Julianne Castro on the stage

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Speaker 1: being like, do you even remember what you said just now, Joe.

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Speaker 1: This was open fodder for conversation before he became the

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Speaker 1: only hope to defeat Donald Trump. And then they flipped

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Speaker 1: on a dime to if you say anything about this,

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Speaker 1: you're ablest you're going after him because of his stutter.

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Speaker 1: His stutter, I mean that's safe. That one. It makes

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Speaker 1: me so angry. I'm like, oh, he just magically had

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Speaker 1: a stutter that re like could itself Olviya and Syria

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Speaker 1: three times in ninety seconds. Isn't about a stutter? Okay,

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Speaker 1: So that doesn't mean that you shouldn't have voted for Biden.

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Speaker 1: That doesn't mean anything other than saying this was a

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Speaker 1: topic of conversation that was on the table before he

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Speaker 1: was Democratic nominee and it's off the table now. And

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Speaker 1: instead of just sort of like bashing Biden for this GAF,

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Speaker 1: we actually pulled some research here that an audience member

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Speaker 1: brought to our attention from Pew. They dug into the

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Speaker 1: first sixty days of the Biden administration to say, okay, well,

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Speaker 1: how did the coverage of this president compare to the

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Speaker 1: coverage of other presidents, and it's actually remarkable because Obama

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Speaker 1: famously got glowing press coverage, and in fact, if you

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Speaker 1: look at the numbers, Obama did get more positive coverage

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Speaker 1: than Biden, but Biden actually gets less negative coverage than Obama,

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Speaker 1: So Obama was covered slightly more negatively than Biden. And

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Speaker 1: the largest percentage of coverage, fifty four percent, is actually

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Speaker 1: just neutral, which is kind of consistent with the whole

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Speaker 1: like Biden is boring, like whatever, who really cares what

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Speaker 1: he's doing, Let's get back to the latest culture war battle.

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Speaker 1: It's kind of perfect for that. This actually, that's the

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Speaker 1: most important number to me. Is not just that he

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Speaker 1: has a nineteen percent negative assessment and a twenty seven

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Speaker 1: percent positive assessment. It's actually the fifty four which is

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Speaker 1: that it's just absence. It's like one of the most

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Speaker 1: I think, you know, important lines. I can't even remember

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Speaker 1: who I got it from, which is like, what's the

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Speaker 1: most important form of media bias is what they choose

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Speaker 1: not to show you? And this is it. It's things

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Speaker 1: like this. It's a gaff of any other president, actually, Bush, Clinton, Obama,

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Speaker 1: this would have been on the nightly news, and this

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Speaker 1: is just completely ignored, and there is a reason for that.

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Speaker 1: It isn't just about helping Biden out necessarily, It's that

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Speaker 1: it's all about a partisan agenda. It's like they literally

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Speaker 1: feel as if it's their duty not to report on news,

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Speaker 1: which is bad for mainstream Democrats. And Glenn actually pointed

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Speaker 1: this out, which is that he posted a clip of

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Speaker 1: NBC News anchors like Andrea Mitchell in twenty nineteen talking

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Speaker 1: to be like, you know, he just doesn't look the

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Speaker 1: same like he was up there. Check this one out

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Speaker 1: from jimill Smith, who's I think he's like a rolling stone.

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Speaker 1: He's like a total doc, an aero Democrat. I'm no doctor,

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Speaker 1: and I had a family member whose dementia contributed to

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Speaker 1: his death. I will be one of the last ones

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Speaker 1: here speculating wildly about Biden's cognitive abilities relative his age.

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Speaker 1: But his campaign is irresponsible to let this go unexplained

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Speaker 1: or undiagnosed, if the case may be. So it's an

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Speaker 1: open form of discussion until he wins the Democratic nomination,

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Speaker 1: and the neither segment there around Biden is so incredibly important,

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Speaker 1: combined with the nineteen percent only of negative assessment. How

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Speaker 1: you manage to get less negative press than Obama. That's

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Speaker 1: a skill. That's like, actually, that's an actual skill. I

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Speaker 1: don't even know his press. Yeah, I guess, look like

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Speaker 1: you know, and hey, like the press stop making us

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Speaker 1: pretend that like Jen Saki's the greatest woman who's ever

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Speaker 1: taking the podium. I mean, look, there have been some

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Speaker 1: good female press secretaries and she's not one of them. Like,

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Speaker 1: let's be honest here, you know, incredibly boring. It's also

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Speaker 1: so this same research from Q is very revealing in

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Speaker 1: another way too, because they quantified Biden versus Trump and

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Speaker 1: the types of stories that the press covered too. So

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Speaker 1: with Trump, seventy four percent of the stories that media

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Speaker 1: outlets were covering were about his leadership and character. Only

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Speaker 1: twenty six percent were about his policy agenda. For Biden,

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Speaker 1: it's almost completely flipped. So thirty five percent is about

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Speaker 1: leadership and character and sixty five percent is about policy.

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Speaker 1: And here's the thing. I actually think that's that's the

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Speaker 1: better mix, right, That is actually the better mix where

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Speaker 1: you're taking these just like subjective personality opinions out of

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Speaker 1: the mix and just looking at, okay, what is the

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Speaker 1: policy actually, but the irony here is that they thought

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Speaker 1: they were launching really effective attacks against Donald Trump by

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Speaker 1: making everything about leadership and character. But in fact, if

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Speaker 1: they had focused on the way he was selling out

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Speaker 1: his values that he supposedly believed in and his core

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Speaker 1: principles and selling out his his own voters, if they

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Speaker 1: had focused more on his actual policy agenda, I think

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Speaker 1: they would have been way more successful in sort of

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Speaker 1: dimming his popularity. He would have taken on much more water. Instead,

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Speaker 1: they went with what you know, if it's one person's

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Speaker 1: opinion about a person's character is as good as you know,

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Speaker 1: as good as the napkin, you can write it off.

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Speaker 1: It's fascinating because I actually had this conversation today. I

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Speaker 1: had an Uber driver who was like, oh, watch you

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Speaker 1: guys shows big pro Trump guy and he's like, you know,

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Speaker 1: you said something that bothered me. And I was like, okay,

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Speaker 1: what was it? And he was like, look, it's that

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Speaker 1: you said that Trump was a bad president. He's like,

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Speaker 1: and you're not factoring in all of the stuff he

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Speaker 1: was up against. And I was like, well, what do

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Speaker 1: you mean by that? And he's like the media they

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Speaker 1: just never gave him a fair shot. And I was like, well,

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Speaker 1: what do you mean by that? And he was like,

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Speaker 1: you know, they're going after you know, his wife and

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Speaker 1: his kids. And I mean the ivonn GOA Jared stuff

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Speaker 1: is legit since he literally hired them. But I think

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Speaker 1: what you're getting at is exactly that, which is that

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Speaker 1: it actually hardened support for a lot of the key people,

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Speaker 1: whereas if there had been a discussion about I don't know,

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Speaker 1: the twenty seventeen law about giving a massive corporate giveaway,

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Speaker 1: yeah whenever you know he ran against corporations, or about

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Speaker 1: you know the fact that he basically wanted to strike

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Speaker 1: a quote unquote deal with China in many cases for

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Speaker 1: esthetic purposes rather than for effective purposes. Or why didn't

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Speaker 1: we have steel tariffs until a year into the administration

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Speaker 1: because he hired an idiot named Gary Kohane. All of

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Speaker 1: these things have immense impact on people's lives and they

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Speaker 1: have no idea, And I don't blame them. It's not

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Speaker 1: their job. Like these people are out working hard, driving,

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Speaker 1: probably not for a good enough wage, and all they

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Speaker 1: turn on and here every day is oh, he's such

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Speaker 1: a venal person or oh he's such this, and what

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Speaker 1: do they hear about Biden. It's more the same. They're like, oh,

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Speaker 1: he's such a good man, he's such a good husband. Like, look,

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Speaker 1: I think it's great. You know, the guy obviously clearly

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Speaker 1: loves his wife and that's awesome. But I don't want

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Speaker 1: to hear about it every day, Like, Oh, he's so awesome,

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Speaker 1: he's the best grandfather. He's so nice because he texts

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Speaker 1: Hunter or whatever. I'm like, yeah, that's great man, Like

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Speaker 1: you look like a great father and like truly, God

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Speaker 1: bless you for it. Same with Obama, like you were

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Speaker 1: obviously a good dude, but like what does that mean

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Speaker 1: in terms of what you're actually doing? And there's just

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Speaker 1: it's the neither part of it is just what bothers

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Speaker 1: me the most. Well just they it's like they memory hole.

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Speaker 1: It just disappeared. And the irony is right wing media

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Speaker 1: tried the same thing with Obama. Yes, when he was president,

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Speaker 1: it was all about like remember a million segments about

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Speaker 1: his failure to lead and you just look at that

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Speaker 1: and you're like, what does that even mean? Like if

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Speaker 1: you have a specific critique about what he's doing or

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Speaker 1: what his policies, let's hear it. Let's have a debate

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Speaker 1: about it. Let's have it out right, But it was

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Speaker 1: all about he's failing to lead. It's like, okay, well

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Speaker 1: guess what, he just got reelected again. But rather than

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Speaker 1: Democrats looking at that and being like that didn't work

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Speaker 1: out all that well for the right, maybe we should

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Speaker 1: try a different tack, they never ever learned that. And

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Speaker 1: in fact, we talked about that recent Democratic autopsy, which

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Speaker 1: parts of it were kind of suspect it came from

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Speaker 1: third way grain of salt, you know, the takeaways always

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Speaker 1: got to be like, it's the left's fault. But one

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Speaker 1: of the things that they concluded as well, which they

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Speaker 1: had the data to back up, was that Democrats went

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Speaker 1: too far on just Trump's personality. Trump's character. My god,

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Speaker 1: you would have thought they learned that back in twenty sixteen,

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Speaker 1: Jesus Christ. But they never learned. And the bottom line is,

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Speaker 1: I mean, ultimately, whether he won or lost, their jobs

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Speaker 1: were going to be secure. Some of these people never

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Speaker 1: got richer than during the Trump era, so it wasn't

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Speaker 1: all that high stakes for them ultimately. But I thought

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Speaker 1: those numbers about what the stories actually focus on were fascinating.

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Speaker 1: They also dug into, like the policy, the particular pieces

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Speaker 1: of policy that they focused on. So during Trump, when

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Speaker 1: the economy was doing well, relatively strong. I mean, listen,

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Speaker 1: the American economy always sucks for most people, but you know,

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Speaker 1: with the top line metrics, economy is doing well. Two

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Speaker 1: percent of stories focused on the economy. With Biden, it's

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Speaker 1: twenty two percent. Now. On the one hand, I do

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Speaker 1: think there would be a justify vocation for there to

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Speaker 1: be more economic stories right now because of COVID, because

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Speaker 1: we're coming on, we got the relief package, all that stuff, Like,

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Speaker 1: I do think that makes sense. But in no era

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Speaker 1: should the economy be getting two percent of the story

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Speaker 1: time because it's always central to people's lives. It's always

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Speaker 1: the key story, determining what you're going to be able

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Speaker 1: to do that day, what your prospects look like for

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Speaker 1: you and your family in the future. The flip side

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Speaker 1: of that is the number one type of story that

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Speaker 1: they covered for Trump was his political skills. Yeah, so again,

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Speaker 1: these like squishy things that you would have been better

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Speaker 1: off if your goal was to hurt Trump. To actually

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Speaker 1: talk about his policy show. It makes me fascinating. It

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Speaker 1: makes me so angry because it's like, what you're talking

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Speaker 1: about about, how much money that these people made MSNBC.

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Speaker 1: I mean Rick Wilson literally wrote and made millions of

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Speaker 1: dollars writing books like Everything Trump Touches Dies, and all

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Speaker 1: these guys who like once had met him in New

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Speaker 1: York would write a book about how he's a bad

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Speaker 1: business man or what which, like maybe it's true, but

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Speaker 1: I mean they were all just making endless cash and

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Speaker 1: MSNBC would invite them on Nightly and give their platform

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Speaker 1: and just advertise it over and over and over again

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Speaker 1: and focus on the personal characteristics of the precedent. And

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Speaker 1: then after setting that precedent for what five years almost

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Speaker 1: straight given the campaign now with Biden around, it's just gone.

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Speaker 1: It's just completely ignored. And given how much credibility they've

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Speaker 1: lost with people, given how much that I have seen

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Speaker 1: in terms of how people are just tuning them out

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Speaker 1: to the tune of millions, I mean millions and millions

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Speaker 1: of people just turning off the TV. It can be

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Speaker 1: a positive development. They have nobody but themselves to blame,

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Speaker 1: but they did a lot of damage to this country

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Speaker 1: in the process, and they really can't be forgiven for that.

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Speaker 1: I think that is very true. Okay, So another story

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Speaker 1: we're looking at There's actually a lot of interesting going

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Speaker 1: on with this. We've been covering now for quite a

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Speaker 1: while about the wild housing market. I did a radar

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Speaker 1: back when we were rising about this Wall Street Journal

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Speaker 1: article pointing out that now if you sell your home,

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Speaker 1: very likely that permanent capital is going to be the buyer.

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Speaker 1: They're coming in with all cash, they're outbidding a first

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Speaker 1: time attempted to home buyers. They profile this couple that's

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Speaker 1: like trying and trying to buy a house. It's in

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Speaker 1: some I mean it's in like Allentown, Pennsylvania's not a major,

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Speaker 1: major metro area, but this had come to small towns

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Speaker 1: and they had this stat in here about how one

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Speaker 1: fifth of the buyers of single family homes are now

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Speaker 1: permanent capital, private equity in particular. And there was a

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Speaker 1: tweet about this, this article that's been out for a

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Speaker 1: while and specifically focused on black Rock that just went

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Speaker 1: wildly viral on the internet. So that's the first layer

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Speaker 1: of the story, and then we'll get to some of

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Speaker 1: the right wing reaction to it. That's also interesting. But

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Speaker 1: it was just it was fascinating to see how this

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Speaker 1: story that's been out there bubbling under the surface for

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Speaker 1: a while just completely exploded on the internet because people

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Speaker 1: are experiencing this in their own lives and in their

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Speaker 1: own neighborhoods. I mean, yeah, listen, if you're trying to

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Speaker 1: sell a house, people are coming in with good free

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Speaker 1: cash offers, etc. That's a great deal for you. But

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Speaker 1: for a long time are being sold this narrative that

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Speaker 1: the reason housing prices were going up is because the

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Speaker 1: professional manager old class were making different choices and they

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Speaker 1: were buying up homes, et cetera. Et No, come to

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Speaker 1: find out, this is a bubble that permanent capital is

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Speaker 1: inflating and then also profiting off of in a bid

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Speaker 1: to basically become America's landlord. And that is a terrifying

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Speaker 1: state of honer. No, it is, and this is what

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Speaker 1: I want to very just lay it out for people.

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Speaker 1: What is happening here is not free market capitalism, because

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Speaker 1: what's happening here is you have these private equity giants

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Speaker 1: and more which have made billions of dollars during the pandemic.

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Speaker 1: Now they're not getting into the housing market to enrich

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Speaker 1: the community. They're not going to sell that house eventually.

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Speaker 1: This is about permanent creating a permanent middle class rentier class,

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Speaker 1: the worst thing that they've ever lost out on. Remember,

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Speaker 1: poor are already extracted to the tune of hundreds of

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Speaker 1: billions of dollars in terms of late fees and all

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Speaker 1: these other things that landlords have been able to go

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Speaker 1: after them for a long time. But the middle class,

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Speaker 1: the American dream has always been okay, if you save

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Speaker 1: up a moderate amount of cash over about a five

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Speaker 1: to ten year period, you can put a down payment

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Speaker 1: on a reasonable house. You can buy that house. You

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Speaker 1: can achieve your dream. You can have property, which is

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Speaker 1: the single largest purveyor of intergenerational wealth, which gives your

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Speaker 1: kids a shot at having a better life than you.

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Speaker 1: Ak why we all live in this country, all right.

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Speaker 1: So all that being said, they don't want any of that.

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Speaker 1: They want it's very profitable to have monthly rent payments

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Speaker 1: hit their bank accounts. So they weren't very willing to

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Speaker 1: pay one hundred two hundred k over asking price and

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Speaker 1: buy up all of these new neighborhoods because what they

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Speaker 1: want is to create a lower and middle rentier class

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Speaker 1: which is paying them, and then they can use more

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Speaker 1: of the money that they're getting in this feedback loop

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Speaker 1: to pay even higher for prices and drive out average

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Speaker 1: middle class consumers. So all of that being said, who

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Speaker 1: do you think is coming to their defense? Because you

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Speaker 1: know their lackeys have to do it. Oh well one

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Speaker 1: of them, Ben Shapiro. And look, I love this because

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Speaker 1: Ben every once in a while just takes off the

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Speaker 1: mask and shows us like how much of an actual

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Speaker 1: radical that he is. Yeah, that's true. Here's what he says.

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Speaker 1: I see many people are enraged at Blackrock. Blackrock is

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Speaker 1: buying homes from people willing to sell them. If you

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Speaker 1: don't like what they're doing, target the loose governmental policy

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Speaker 1: incentivizing this investment. By the way, by this he means

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Speaker 1: the Federal Reserve, which has nothing to do with this.

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Speaker 1: And let's ask all Ben if he has anything to

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Speaker 1: do or would do anything whenever it comes to constraining

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Speaker 1: Wall Street. And I think we know the answer to that. Yes. Next, seriously,

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Speaker 1: Blackrock is going to stop investing in single handley homes

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Speaker 1: because you're mad on Twitter? You could direct your energies

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Speaker 1: towards the feds insane monetary policy. If you're mad at

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Speaker 1: Blackrock and you want to artificially prevent them from buying

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Speaker 1: single family homes. I'd like for you to explain it

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Speaker 1: to those who currently own the homes why you're taking

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Speaker 1: money out of their pocket. And this is really what

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Speaker 1: it is. He's like on the look, if I get it.

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Speaker 1: If you're selling your house, obviously you want the most

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Speaker 1: amount of money. I'm not mad at you. What I

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Speaker 1: am mad at is the fact that these private equity

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Speaker 1: giants got enriched again to the tune of hundreds of

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Speaker 1: billions over the last several over the last several months,

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Speaker 1: especially during this year. And I have a long term

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Speaker 1: dystopian vision. This is America. Property is the number one

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Speaker 1: way that you get rich. That's it. That's how it works.

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Speaker 1: I wish it was otherwise, but it is. And you

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Speaker 1: know what it is ingrained in our DNAs we're down

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Speaker 1: here in Texas. I would be remiss. This was flagged

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Speaker 1: to me. How hot is the Austin housing market? Shout

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Speaker 1: out to the Austin American statement homes are regularly selling

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Speaker 1: for one hundred k or more above asking. Fifteen hundred

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Speaker 1: Austin area homes from January first to May twenty third

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Speaker 1: sold for one hundred k above asking in the same

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Speaker 1: timeframe in twenty twenty only twenty two homes hit that threshold.

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Speaker 1: This is a combination of rich people who are moving

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Speaker 1: here as well as private equity giants and more who

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Speaker 1: see that more PMCs are coming here and want to

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Speaker 1: buy out all the real estate in order to rent

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Speaker 1: to them. Like this is the antithesis of what the

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Speaker 1: American dream is all about. And of course they've got

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Speaker 1: a bunch of people on their side, like Shapiro, but

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Speaker 1: there's a lot of neoliberals who agree with this stuff

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Speaker 1: too well. I love how he's like, why don't you

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Speaker 1: direct your energies towards the Fed's monetary policy? Did you

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Speaker 1: vote on the Fed's monetary policy? Do you have any

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Speaker 1: influence whatsoever on the Fed's monetary policy? Of course he

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Speaker 1: takes off the table any of the policy changes that

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Speaker 1: actually might have a chance. I think called Congress you

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Speaker 1: actually vote, right, that's where you might you know, if

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Speaker 1: you have an issue here, direct your energies and look,

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Speaker 1: in a sense, he's right, blackrock is going to Blackrocks, Yeah,

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Speaker 1: no doubt about it. Right, Congress to Congress. This is

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Speaker 1: the American capitalistic system that has been set up with

428
00:21:58,280 --> 00:22:00,440
Speaker 1: you know, corporate socialism. We're going to get to socialism

429
00:22:00,480 --> 00:22:05,320
Speaker 1: in a minute, corporate socialism and totally rigged in their

430
00:22:05,440 --> 00:22:08,199
Speaker 1: favor thanks to you know, some of the people that

431
00:22:08,240 --> 00:22:10,440
Speaker 1: Ben would support the boats and the type of policies

432
00:22:10,480 --> 00:22:15,240
Speaker 1: that Ben frequently expouse espouses. This is the logical end result,

433
00:22:15,359 --> 00:22:18,960
Speaker 1: and it's absolutely grotesque. You said, it's setting up a

434
00:22:19,000 --> 00:22:23,320
Speaker 1: truly sort of dystopian future, and you know what I

435
00:22:23,400 --> 00:22:25,960
Speaker 1: looked into. Okay, So what is it like if you

436
00:22:26,040 --> 00:22:29,640
Speaker 1: have one of these giant corporation, giant private equity funds.

437
00:22:29,680 --> 00:22:31,960
Speaker 1: What is it like for them to be your landlord?

438
00:22:32,119 --> 00:22:35,200
Speaker 1: And you will not be surprised to learn it's a healthcape.

439
00:22:35,600 --> 00:22:39,720
Speaker 1: You're you know, they do everything they possibly can to

440
00:22:39,800 --> 00:22:43,480
Speaker 1: save every single penny. So that means if something goes

441
00:22:43,560 --> 00:22:46,600
Speaker 1: catastrophically wrong in your home, they're not going to fix it,

442
00:22:46,720 --> 00:22:48,119
Speaker 1: or it's going to be on you to fix it.

443
00:22:48,480 --> 00:22:51,840
Speaker 1: Of course, the legalistic contracts that you have to sign

444
00:22:52,200 --> 00:22:55,240
Speaker 1: puts all of the burden and the risk on your side,

445
00:22:55,560 --> 00:22:58,720
Speaker 1: so you're fronting the cost. Oftentimes this is what they found.

446
00:22:58,960 --> 00:23:01,480
Speaker 1: You're fronting the cost for any sort of like significant

447
00:23:01,520 --> 00:23:05,520
Speaker 1: repairs that have to take place. Meanwhile, they're banking the

448
00:23:05,560 --> 00:23:08,760
Speaker 1: wealth that comes from the appreciation of the property as

449
00:23:08,800 --> 00:23:10,800
Speaker 1: you're putting in those investments. I mean, that's what that

450
00:23:10,840 --> 00:23:14,320
Speaker 1: looks like. And you're absolutely right. The one way that

451
00:23:14,400 --> 00:23:18,000
Speaker 1: at this point, as precarious as the economy is for people,

452
00:23:18,080 --> 00:23:22,520
Speaker 1: the one way that Americans can still build stable middle

453
00:23:22,520 --> 00:23:25,159
Speaker 1: class wealth is through the housing market. And that is

454
00:23:25,200 --> 00:23:27,680
Speaker 1: what they're going after. That is what they are trying

455
00:23:27,680 --> 00:23:30,679
Speaker 1: to drive a stake into the heart of. It is

456
00:23:30,720 --> 00:23:33,800
Speaker 1: the last bastion of any sort of stability. And so

457
00:23:34,240 --> 00:23:37,000
Speaker 1: I just saw an article recently that was like, millennials

458
00:23:37,040 --> 00:23:39,240
Speaker 1: don't want to buy a house. They just like the

459
00:23:39,320 --> 00:23:42,040
Speaker 1: care free rent. No, they can't buy a house. They

460
00:23:42,040 --> 00:23:43,959
Speaker 1: can't buy a house. They have to be like a

461
00:23:44,000 --> 00:23:47,080
Speaker 1: millionaire or a private equity executive in order to buy

462
00:23:47,200 --> 00:23:50,280
Speaker 1: just a basic house in a hot metro area. And

463
00:23:50,280 --> 00:23:52,119
Speaker 1: by hot metro area, I don't mean like five stities,

464
00:23:52,160 --> 00:23:54,879
Speaker 1: I mean most of the country. So this is a

465
00:23:55,119 --> 00:23:58,640
Speaker 1: truly dystopian state of affairs and something that people clearly

466
00:23:58,680 --> 00:24:00,600
Speaker 1: it's striking a nerve. No it is, and I'm so

467
00:24:00,680 --> 00:24:04,320
Speaker 1: glad act every time I see like organic like uprisings

468
00:24:04,359 --> 00:24:06,840
Speaker 1: like this, it just gives me life because it also,

469
00:24:07,200 --> 00:24:09,280
Speaker 1: like ben, there are people on the left who agree

470
00:24:09,320 --> 00:24:12,400
Speaker 1: with this up Dylan Matthews, he's a box writer, the quote,

471
00:24:12,600 --> 00:24:15,600
Speaker 1: this seems like a great deal for homeowners and a

472
00:24:15,640 --> 00:24:19,480
Speaker 1: way to wean Americans off their obsession with investing in

473
00:24:19,600 --> 00:24:23,560
Speaker 1: crumbling piles of wood and appliances. I have a joke

474
00:24:24,160 --> 00:24:26,880
Speaker 1: with a lot of other friends that these people actually

475
00:24:26,920 --> 00:24:28,720
Speaker 1: do want to force you to live in pods. Like

476
00:24:28,760 --> 00:24:30,920
Speaker 1: that's what they want. They want pod lives, like they

477
00:24:30,960 --> 00:24:34,919
Speaker 1: want Ready Player one level existences where people are stacked

478
00:24:35,000 --> 00:24:37,320
Speaker 1: up up on top on top of each other in

479
00:24:37,440 --> 00:24:39,840
Speaker 1: like this dystopian healscape, and it's like, oh, well they

480
00:24:39,840 --> 00:24:41,879
Speaker 1: have places to sleep, right, I mean, like whatever, Like,

481
00:24:41,920 --> 00:24:43,960
Speaker 1: what what do they get? I mean, maybe they're saving

482
00:24:43,960 --> 00:24:46,880
Speaker 1: a little bit of money. Imagine referring to your homes

483
00:24:47,160 --> 00:24:50,919
Speaker 1: as crumbling piles of wood and appliances. These this is

484
00:24:51,320 --> 00:24:53,600
Speaker 1: that's gonna sell in the heartland. First of all, obviously

485
00:24:53,640 --> 00:24:56,040
Speaker 1: the most politically stupid thing you could say, but from

486
00:24:56,040 --> 00:24:59,720
Speaker 1: a human it's dehumanizing. This is crazy. We're in this

487
00:24:59,760 --> 00:25:02,919
Speaker 1: state of Texas right now, the whole like property is

488
00:25:03,480 --> 00:25:06,800
Speaker 1: intrinsic into the blood of the state in terms of

489
00:25:06,880 --> 00:25:09,520
Speaker 1: what independence and all that was fought over, but also

490
00:25:09,960 --> 00:25:13,520
Speaker 1: into like the DNA of how people conceive of themselves

491
00:25:13,840 --> 00:25:17,080
Speaker 1: now once again, is that the perfect system? Probably not, yeah,

492
00:25:17,119 --> 00:25:19,520
Speaker 1: but it is what it is. And at this point,

493
00:25:19,720 --> 00:25:23,320
Speaker 1: if you're advocating for on the side of Blackrock, imagine

494
00:25:23,359 --> 00:25:26,359
Speaker 1: thinking this seems like a great deal for homeowners and

495
00:25:26,400 --> 00:25:28,639
Speaker 1: then for all these people who are just gonna be

496
00:25:29,040 --> 00:25:32,399
Speaker 1: imagine paying your check once a month to Blackrock as

497
00:25:32,480 --> 00:25:35,520
Speaker 1: you say, oh, your sink is broken, screw you. You

498
00:25:35,560 --> 00:25:37,520
Speaker 1: know why, because it's not like my how if your starter,

499
00:25:37,640 --> 00:25:40,480
Speaker 1: landlord or whatever you sink is broken. You're like, hey man,

500
00:25:40,520 --> 00:25:41,920
Speaker 1: this is my house. You know you gotta make sure

501
00:25:41,920 --> 00:25:43,960
Speaker 1: I fix this all of that. You know, I gotta

502
00:25:44,000 --> 00:25:46,240
Speaker 1: rent this to somebody else. Blackrock they don't care. No

503
00:25:46,640 --> 00:25:49,439
Speaker 1: sue literally sue me. They'll be like, sue me, go ahead,

504
00:25:49,560 --> 00:25:51,040
Speaker 1: what are you gonna do. You're not gonna do it,

505
00:25:51,040 --> 00:25:52,920
Speaker 1: so you can't do anything. You have no rights. I

506
00:25:52,720 --> 00:25:56,359
Speaker 1: have some questions. Here is Dylan Matthews, who obviously the

507
00:25:56,440 --> 00:25:59,280
Speaker 1: liberal writing very it's he calling for like the abolition

508
00:25:59,400 --> 00:26:01,919
Speaker 1: of private A lot of them, a lot of them,

509
00:26:02,720 --> 00:26:07,200
Speaker 1: they believe this. I would agree with the sentiment that

510
00:26:07,240 --> 00:26:11,760
Speaker 1: we are too dependent on building wealth in through the

511
00:26:12,160 --> 00:26:14,600
Speaker 1: you know, through houses. Yes, I would agree with that,

512
00:26:14,640 --> 00:26:17,439
Speaker 1: but you can't rip the rug out from people without

513
00:26:17,520 --> 00:26:21,160
Speaker 1: anything to replace it. Then you're just making everybody worse off.

514
00:26:21,240 --> 00:26:23,359
Speaker 1: If you've got another like, oh, hey, we're gonna build

515
00:26:23,400 --> 00:26:25,960
Speaker 1: wealth in this other way, okay, and make it okay

516
00:26:26,000 --> 00:26:28,120
Speaker 1: for you or help you to have a dignified life

517
00:26:28,160 --> 00:26:30,960
Speaker 1: with this other okay, then maybe we can talk about that.

518
00:26:31,000 --> 00:26:33,920
Speaker 1: But you can't just pull the rug out from under

519
00:26:34,119 --> 00:26:35,760
Speaker 1: I've got one more though that we have to we

520
00:26:35,840 --> 00:26:38,880
Speaker 1: have to get to because I definitely, I definitely want

521
00:26:38,880 --> 00:26:43,960
Speaker 1: your response to this. Yeah. Marjorie Taylor Green MTG herself.

522
00:26:44,119 --> 00:26:48,360
Speaker 1: Her response to this was to say, socialism period. All

523
00:26:48,400 --> 00:26:51,399
Speaker 1: the people excited over the fantasies of socialism that they

524
00:26:51,480 --> 00:26:54,600
Speaker 1: consume from social media experts and members of Congress don't

525
00:26:54,680 --> 00:26:56,720
Speaker 1: understand that there will be very few that own and

526
00:26:56,760 --> 00:26:59,600
Speaker 1: control everything, and the rest of the population will be

527
00:26:59,640 --> 00:27:02,679
Speaker 1: poor and under control. So when she sees so in

528
00:27:03,119 --> 00:27:09,480
Speaker 1: when she sees this like rampant unfettered capitalism that has

529
00:27:09,600 --> 00:27:12,960
Speaker 1: in fact wrought all kinds of misery and consolidations of

530
00:27:13,000 --> 00:27:16,040
Speaker 1: wealth and power. And we talk about monopoly and anti

531
00:27:16,119 --> 00:27:18,840
Speaker 1: trust here on the show when she sees that she

532
00:27:19,240 --> 00:27:22,840
Speaker 1: thinks AOC bad and socialism bad, like this, this is

533
00:27:22,880 --> 00:27:26,080
Speaker 1: the culture war rotting your brain. But but at least

534
00:27:26,119 --> 00:27:29,120
Speaker 1: Marjorie thinks this is a problem. So well, that's right,

535
00:27:29,240 --> 00:27:30,880
Speaker 1: I guess, you know what I mean, She's not what

536
00:27:31,160 --> 00:27:33,600
Speaker 1: I don't know. There's probably some senator out maybe like

537
00:27:33,680 --> 00:27:36,000
Speaker 1: Chuck Grassley or somebody out there. He'd be like, there's

538
00:27:36,000 --> 00:27:38,520
Speaker 1: a good deal of homeowners. You know, what are you

539
00:27:38,520 --> 00:27:41,159
Speaker 1: gonna do? You're gonna stop black Rock from buying houses?

540
00:27:41,359 --> 00:27:44,880
Speaker 1: I'm like maybe, like, like is that crazy? Am I insane?

541
00:27:45,160 --> 00:27:48,200
Speaker 1: Should we? Should we not have a stable housing market? Oh?

542
00:27:48,320 --> 00:27:50,320
Speaker 1: Is there? Right? You know? An unstable housing markets never

543
00:27:50,359 --> 00:27:52,240
Speaker 1: worked out badly for the United States to just be

544
00:27:52,359 --> 00:27:56,320
Speaker 1: that families and like regular people get first cracked and

545
00:27:56,359 --> 00:27:59,879
Speaker 1: this happens, and if it's just there and nobody wants, okay, well,

546
00:28:00,560 --> 00:28:02,800
Speaker 1: but why can't we at least have it so that

547
00:28:03,080 --> 00:28:05,480
Speaker 1: just normal people get first crack? This is again, it

548
00:28:05,640 --> 00:28:07,760
Speaker 1: just it takes the human element out of it. When

549
00:28:07,800 --> 00:28:11,439
Speaker 1: Blackrock is your landlord, is your landlord or owns all

550
00:28:11,480 --> 00:28:13,919
Speaker 1: the houses in your neighborhood, do you really have a

551
00:28:13,960 --> 00:28:17,399
Speaker 1: neighborhood like That's what part of it is is about

552
00:28:17,560 --> 00:28:21,080
Speaker 1: forming human connections with your neighbors and having a community

553
00:28:21,200 --> 00:28:23,680
Speaker 1: where people who own the property in the community are

554
00:28:23,800 --> 00:28:27,200
Speaker 1: invested in it. Blackrock doesn't care about you. They care

555
00:28:27,320 --> 00:28:30,200
Speaker 1: about their office in Manhattan and in Beijing, in Shanghai,

556
00:28:30,240 --> 00:28:32,920
Speaker 1: and in London and in Brussels, and then where all

557
00:28:32,960 --> 00:28:35,960
Speaker 1: of their executives live in the you know, Greenwich, Connecticut.

558
00:28:36,000 --> 00:28:39,400
Speaker 1: And if it could care less save them one penny

559
00:28:40,280 --> 00:28:43,040
Speaker 1: to kick you out of the house, or one penny

560
00:28:43,120 --> 00:28:46,560
Speaker 1: if they calculate, let's say, you know that a certain

561
00:28:46,560 --> 00:28:49,080
Speaker 1: percentage of these homes have asbestos in them. They know

562
00:28:49,120 --> 00:28:53,120
Speaker 1: what they will calculate, is it worth the money to

563
00:28:53,200 --> 00:28:55,600
Speaker 1: get rid of the asbestos to make sure these houses

564
00:28:55,640 --> 00:28:59,200
Speaker 1: are safe, or is it worth the money to just

565
00:28:59,240 --> 00:29:03,000
Speaker 1: pay the lawsuit that you know that will come from club.

566
00:29:03,080 --> 00:29:06,400
Speaker 1: They're like, we literally take like the average slawsuit times

567
00:29:06,520 --> 00:29:10,080
Speaker 1: the average pay out. This is real, it's real, one

568
00:29:10,160 --> 00:29:14,320
Speaker 1: hundred percent, it's real. I mean I remember in West

569
00:29:14,400 --> 00:29:16,920
Speaker 1: Virginia covering like some of the excess of the coal

570
00:29:16,920 --> 00:29:20,360
Speaker 1: mining coming same thing. They would they would scrimp on

571
00:29:20,440 --> 00:29:23,440
Speaker 1: costs in terms of safety and they would just calculate

572
00:29:23,520 --> 00:29:26,160
Speaker 1: out like, Okay, well, if if one or two miners

573
00:29:26,200 --> 00:29:28,880
Speaker 1: dies or one or two workers die, is it how

574
00:29:28,960 --> 00:29:31,160
Speaker 1: much are we gonna have to pay on to their family? Like,

575
00:29:31,240 --> 00:29:33,680
Speaker 1: let's do the trade off. That's that's the type of

576
00:29:33,720 --> 00:29:36,440
Speaker 1: calculations that we're talking about going on here. They do

577
00:29:36,440 --> 00:29:39,120
Speaker 1: not care about your family, they don't care about your community,

578
00:29:39,120 --> 00:29:41,160
Speaker 1: they don't care about your neighborhood. In some instances, they

579
00:29:41,200 --> 00:29:45,120
Speaker 1: are buying up entire neighborhoods, and so I'm I mean,

580
00:29:45,160 --> 00:29:47,720
Speaker 1: it was kind of hardening to see how much attention

581
00:29:48,240 --> 00:29:50,479
Speaker 1: this is starting to get because again, I think people

582
00:29:50,640 --> 00:29:52,640
Speaker 1: no matter where you live in the country, and this

583
00:29:52,680 --> 00:29:54,959
Speaker 1: is another thing that's like not a partisan thing, no

584
00:29:55,000 --> 00:29:58,200
Speaker 1: matter where you live, what type of neighborhood you're in,

585
00:29:58,680 --> 00:30:02,640
Speaker 1: Red state, blue state. It's you're seeing some impact from

586
00:30:02,640 --> 00:30:04,400
Speaker 1: this right now. And look, maybe right now you're on

587
00:30:04,440 --> 00:30:06,040
Speaker 1: the happy side of it, maybe you are the ones

588
00:30:06,080 --> 00:30:09,000
Speaker 1: selling good life. Then on the other side, when after

589
00:30:09,040 --> 00:30:11,400
Speaker 1: you sell the house you're trying to buy that No, exactly,

590
00:30:11,600 --> 00:30:13,720
Speaker 1: don't don't forget about the rest of us out here

591
00:30:13,720 --> 00:30:16,600
Speaker 1: who are not homeowner spokes. Because some of us got

592
00:30:16,640 --> 00:30:18,200
Speaker 1: kicked out of our house and then had a root

593
00:30:18,200 --> 00:30:20,680
Speaker 1: away and we're like, what the hell is going on here?

594
00:30:21,080 --> 00:30:23,640
Speaker 1: This is crazy. Just so everybody knows, you do have

595
00:30:23,640 --> 00:30:28,600
Speaker 1: a roof over your shout out especially to the lady

596
00:30:28,600 --> 00:30:31,360
Speaker 1: who offered to sell me her house in Alexandria. Very

597
00:30:31,400 --> 00:30:33,280
Speaker 1: nice of you, very nice of you. But I'm good,

598
00:30:33,400 --> 00:30:35,080
Speaker 1: all right, we got another one for you though. Yeah,

599
00:30:35,120 --> 00:30:37,040
Speaker 1: this is a really this is a crazy one. So

600
00:30:37,120 --> 00:30:39,520
Speaker 1: this is about the Obviously, we've been tracking the lab

601
00:30:39,600 --> 00:30:41,719
Speaker 1: leak developments and it does seem like every single day

602
00:30:41,800 --> 00:30:44,520
Speaker 1: there's just like dribbled, dribble, dribble, something new, something new,

603
00:30:44,560 --> 00:30:48,240
Speaker 1: something new. Well, Sky News Australia got their hands on

604
00:30:48,640 --> 00:30:52,440
Speaker 1: some video footage from inside the Wuhan Institute of Virology

605
00:30:52,480 --> 00:30:56,400
Speaker 1: which directly disproves talking points that doctor Peter Dazak and

606
00:30:56,440 --> 00:31:00,200
Speaker 1: the who had cited around dismissing the Lablik hypothesis is

607
00:31:00,200 --> 00:31:01,840
Speaker 1: in the first place, let's take a listen to what

608
00:31:01,880 --> 00:31:05,920
Speaker 1: they found. For fifteen years. They do not have live

609
00:31:06,120 --> 00:31:09,160
Speaker 1: or dead bats in them. There is no evidence anywhere

610
00:31:09,160 --> 00:31:11,800
Speaker 1: that this happened. It's an error that I hope will

611
00:31:11,840 --> 00:31:18,560
Speaker 1: be corrected well tonight. Explosive footage from inside the Wuhan

612
00:31:18,760 --> 00:31:24,600
Speaker 1: Institute of Virology indicates his statements are wrong. It is

613
00:31:24,760 --> 00:31:27,600
Speaker 1: not a conspiracy to say there were live bats at

614
00:31:27,600 --> 00:31:31,840
Speaker 1: the lab. It is a fact. And as you can see,

615
00:31:32,280 --> 00:31:37,920
Speaker 1: this video shows bats in a cage at the Wuhan Institute.

616
00:31:38,000 --> 00:31:41,320
Speaker 1: You can also see they're a researcher feeding a bat

617
00:31:41,840 --> 00:31:44,840
Speaker 1: with a worm. And in this image we can see

618
00:31:44,960 --> 00:31:48,840
Speaker 1: researchers out capturing bats and a bat even hangs off

619
00:31:48,960 --> 00:31:54,880
Speaker 1: a researcher's hat. In another image, there are mouse cages,

620
00:31:55,640 --> 00:31:59,000
Speaker 1: hundreds of them. We know that the Wuhan Institute of

621
00:31:59,040 --> 00:32:04,600
Speaker 1: Virology using humanized mice for experiments to see which coronaviruses

622
00:32:04,640 --> 00:32:09,040
Speaker 1: could infect humans. In some experiments, they used the humanized

623
00:32:09,080 --> 00:32:13,560
Speaker 1: mice to make viruses that couldn't previously infect humans do

624
00:32:13,760 --> 00:32:18,560
Speaker 1: exactly that. These experiments, called gain of function, aimed to

625
00:32:18,600 --> 00:32:22,680
Speaker 1: make viruses more infectious and more virulent to try and

626
00:32:22,760 --> 00:32:27,640
Speaker 1: predict which may cause a pandemic. This footage, had it

627
00:32:27,680 --> 00:32:31,560
Speaker 1: been available early last year, may have reshaped the entire

628
00:32:31,760 --> 00:32:37,000
Speaker 1: narrative around the potential origin of COVID nineteen. Back then,

629
00:32:37,040 --> 00:32:39,280
Speaker 1: we were told there were no bats at the lab,

630
00:32:39,600 --> 00:32:42,120
Speaker 1: but we were told that disease ridden bats were sold

631
00:32:42,520 --> 00:32:46,080
Speaker 1: and butchered at the wet market. You'll remember this led

632
00:32:46,080 --> 00:32:49,000
Speaker 1: to calls from presidents and prime ministers the world over

633
00:32:49,440 --> 00:32:53,120
Speaker 1: to shut down wet markets, and videos did the rounds

634
00:32:53,360 --> 00:32:57,800
Speaker 1: of Chinese people eating bat soup. In fact, bats were

635
00:32:57,880 --> 00:33:00,960
Speaker 1: never sold at the Wuhan wet Market and the videos

636
00:33:01,120 --> 00:33:06,320
Speaker 1: were nonsense. Dajak must have realized his public statements from

637
00:33:06,320 --> 00:33:09,560
Speaker 1: December twenty twenty were wrong when he claimed it was

638
00:33:09,600 --> 00:33:12,600
Speaker 1: a conspiracy to say there were bats in the wru

639
00:33:12,640 --> 00:33:15,000
Speaker 1: Hand lab. He said, we didn't ask them if they

640
00:33:15,040 --> 00:33:18,640
Speaker 1: had bats. I wouldn't be surprised if, like many other

641
00:33:18,720 --> 00:33:24,560
Speaker 1: virology labs, they were trying to set up a back colony. Okay, wow, wow,

642
00:33:24,760 --> 00:33:27,080
Speaker 1: sorry for subjective. First of all, they need to read

643
00:33:27,200 --> 00:33:30,080
Speaker 1: faster in Australia. I'm like, we need that on two

644
00:33:30,120 --> 00:33:32,000
Speaker 1: point zero. Yeah that's I need that at like three

645
00:33:32,320 --> 00:33:35,040
Speaker 1: x or something like that. It's driving me crazy. But look,

646
00:33:35,120 --> 00:33:36,920
Speaker 1: she actually did do a decent job of laying out

647
00:33:36,960 --> 00:33:40,200
Speaker 1: the facts there, which is that doctor Peter Dazac, who

648
00:33:40,240 --> 00:33:43,440
Speaker 1: for everybody, just a refresher if you're what if you're

649
00:33:43,600 --> 00:33:47,280
Speaker 1: new to lab, leak one on one. Here's the chain

650
00:33:47,320 --> 00:33:51,280
Speaker 1: of events. Doctor Fauci who we all know the hero

651
00:33:51,440 --> 00:33:54,680
Speaker 1: of the pandemic. He's the head of the n NIAD,

652
00:33:55,440 --> 00:33:58,440
Speaker 1: the National Institute some of the Infectious Diseases anyways, in

653
00:33:58,520 --> 00:34:01,200
Speaker 1: charge of giving grant funding. So he funded this type

654
00:34:01,240 --> 00:34:03,880
Speaker 1: of research called gain of function research, where he actually

655
00:34:03,960 --> 00:34:06,680
Speaker 1: reversed the ban on it that the Obama administration had.

656
00:34:06,960 --> 00:34:10,600
Speaker 1: That is the theory that in labs you should manufacture

657
00:34:10,920 --> 00:34:13,719
Speaker 1: new types of viruses so that you can then fight

658
00:34:13,880 --> 00:34:17,279
Speaker 1: against pandemics. Well, there was a lot of conversation around

659
00:34:17,280 --> 00:34:19,200
Speaker 1: gain of function because it was said to be dangerous

660
00:34:19,239 --> 00:34:23,160
Speaker 1: and possible lablik okay. So part of the funding was

661
00:34:23,320 --> 00:34:26,120
Speaker 1: funneled through a group called Eco Health Alliance, which is

662
00:34:26,160 --> 00:34:30,000
Speaker 1: headed by doctor Peter Dazak. Now Dazak, who has a

663
00:34:30,000 --> 00:34:33,400
Speaker 1: direct hand here and funding the lab also happened to

664
00:34:33,440 --> 00:34:37,640
Speaker 1: be on the WHO World Health Organization investigation team into

665
00:34:37,680 --> 00:34:39,919
Speaker 1: whether there was a lab leak and he says there

666
00:34:39,960 --> 00:34:42,120
Speaker 1: was no lab leak. When you ask him, he goes, well,

667
00:34:42,160 --> 00:34:44,279
Speaker 1: I asked them and they said there wasn't. But he

668
00:34:44,400 --> 00:34:47,680
Speaker 1: also has been covering up a lot of facts which

669
00:34:47,680 --> 00:34:50,680
Speaker 1: are not convenient and as she said, as Sky News

670
00:34:50,719 --> 00:34:54,120
Speaker 1: Australia pointed out, going and looking there at his past

671
00:34:54,160 --> 00:34:56,799
Speaker 1: statements saying that there were no bats inside of the

672
00:34:56,800 --> 00:35:00,920
Speaker 1: Wuhan Institute of Virology, he's just been outright proven false.

673
00:35:00,960 --> 00:35:05,360
Speaker 1: And this just gives a lot more credence, mounting circumstantial

674
00:35:05,360 --> 00:35:09,640
Speaker 1: evidence to the hypothesis that coronavirus is what leaked out

675
00:35:09,680 --> 00:35:12,239
Speaker 1: of the Wuhan Institute of Virology. Now we have the

676
00:35:12,280 --> 00:35:15,160
Speaker 1: information about the sick workers in the lab, we have

677
00:35:15,320 --> 00:35:17,920
Speaker 1: now about the revelation that there were bats inside of

678
00:35:17,960 --> 00:35:20,880
Speaker 1: the lab. Almost nothing that these people said was true

679
00:35:20,960 --> 00:35:23,200
Speaker 1: has turned out to be true. And in fact, it

680
00:35:23,280 --> 00:35:26,920
Speaker 1: turns out that if the Lableek hypothesis is true, it

681
00:35:27,480 --> 00:35:30,400
Speaker 1: first of all implicates doctor Fauci and doctor Peter Dazak,

682
00:35:30,600 --> 00:35:35,200
Speaker 1: but it implicates the entire scientific community because they are

683
00:35:35,200 --> 00:35:37,719
Speaker 1: the ones who've been pushing gain of function research and

684
00:35:37,840 --> 00:35:40,520
Speaker 1: basically they're the ones who covered this up from the

685
00:35:40,600 --> 00:35:43,520
Speaker 1: very beginning because they don't want the money trained to

686
00:35:43,640 --> 00:35:47,280
Speaker 1: dry up. It all comes down to funding and to money.

687
00:35:47,320 --> 00:35:49,719
Speaker 1: And now I understand we actually have an interview with

688
00:35:49,880 --> 00:35:53,000
Speaker 1: the head of the Wuhan Institute of Virology with the

689
00:35:53,040 --> 00:35:55,960
Speaker 1: New York Times. Shocker. Let's hear what she has to say.

690
00:35:56,120 --> 00:36:01,320
Speaker 1: So doctor She who's really the center of this whole controversy,

691
00:36:01,480 --> 00:36:03,440
Speaker 1: and she's viewed in China as like a hero of

692
00:36:03,480 --> 00:36:06,759
Speaker 1: the pandemic. But she's also she's known as like the

693
00:36:06,840 --> 00:36:11,160
Speaker 1: bat lady because she has made her career on studying

694
00:36:11,719 --> 00:36:18,640
Speaker 1: bat illnesses bat coronaviruses. And it turns out that you

695
00:36:18,680 --> 00:36:23,760
Speaker 1: know she's in this interview, she doesn't really relieve reveal

696
00:36:23,840 --> 00:36:27,799
Speaker 1: anything new. But what's really fascinating is remember how we

697
00:36:27,840 --> 00:36:31,239
Speaker 1: played that sound of doctor Fauci getting pressed by ran

698
00:36:31,320 --> 00:36:34,200
Speaker 1: Paul about like gain of function research, Like we never

699
00:36:34,440 --> 00:36:37,520
Speaker 1: fund and gain of function research at that lab, using

700
00:36:37,560 --> 00:36:41,319
Speaker 1: these very like loyally sleight of hand ways of defining it.

701
00:36:41,680 --> 00:36:45,239
Speaker 1: She plays that same exact game here. She said in

702
00:36:45,239 --> 00:36:48,960
Speaker 1: an emailed response to questions that her experiments differed from

703
00:36:49,000 --> 00:36:51,239
Speaker 1: gain of function work because she didn't set out to

704
00:36:51,320 --> 00:36:55,480
Speaker 1: make the virus more dangerous, instead to understand how it

705
00:36:55,560 --> 00:36:59,920
Speaker 1: might jump across species. Quote. My lab has never conducted

706
00:37:00,040 --> 00:37:03,760
Speaker 1: are cooperated in conducting gain of function experiments that enhance

707
00:37:04,120 --> 00:37:08,000
Speaker 1: the virulence of viruses. Let me ask you this, do

708
00:37:08,040 --> 00:37:11,640
Speaker 1: you think maybe it's a little dangerous to explore how

709
00:37:11,680 --> 00:37:15,759
Speaker 1: a virus might leap into human beings like that to

710
00:37:15,840 --> 00:37:21,120
Speaker 1: me seems like the definition of making a virus more dangerous,

711
00:37:21,280 --> 00:37:23,680
Speaker 1: and in fact, that is some of the research that

712
00:37:23,719 --> 00:37:26,520
Speaker 1: they were conducting in this lab. So again she's playing

713
00:37:26,520 --> 00:37:29,399
Speaker 1: these same same games of saying, oh, it wasn't gain

714
00:37:29,440 --> 00:37:32,919
Speaker 1: a function research because we weren't making the virus stronger.

715
00:37:33,200 --> 00:37:34,640
Speaker 1: We were just seeing if we could get it to

716
00:37:34,719 --> 00:37:36,920
Speaker 1: leap into human beings. Oh, I feel so much better now,

717
00:37:36,920 --> 00:37:39,040
Speaker 1: that's fantastic. Now we have nothing to worry about it.

718
00:37:39,040 --> 00:37:40,640
Speaker 1: As a part of the video we didn't play, which

719
00:37:40,680 --> 00:37:43,799
Speaker 1: is that This is from twenty seventeen Song Donglin, who's

720
00:37:43,840 --> 00:37:47,080
Speaker 1: the deputy director of the Wuhan Lab. Here's what he said. Quote,

721
00:37:47,320 --> 00:37:52,680
Speaker 1: China had no prior experience designing or contracting BSL four laboratories.

722
00:37:52,920 --> 00:37:57,319
Speaker 1: There was no prior experience in using and managing autoclave

723
00:37:57,360 --> 00:38:02,160
Speaker 1: sterilizers nor life support systems for personnel. Here's he adds. Quote.

724
00:38:02,440 --> 00:38:05,799
Speaker 1: Over more than a decade, she zeng Lei's research team

725
00:38:05,840 --> 00:38:10,160
Speaker 1: has collected more than fifteen thousand bat samples in China

726
00:38:10,480 --> 00:38:15,400
Speaker 1: and many countries of Africa searching for the origins of stars. Quote.

727
00:38:15,600 --> 00:38:18,879
Speaker 1: This is the money one as well as isolating and

728
00:38:19,000 --> 00:38:24,879
Speaker 1: characterizing many new viruses that ladies and gentlemen is what

729
00:38:25,040 --> 00:38:27,879
Speaker 1: we used to call gain of function research, but which

730
00:38:27,920 --> 00:38:31,520
Speaker 1: doctor Fauci and doctor She don't want to call gain

731
00:38:31,560 --> 00:38:35,400
Speaker 1: of function research. They're admitting it right here on tape

732
00:38:35,520 --> 00:38:39,160
Speaker 1: before any of this came political. And here's the thing,

733
00:38:39,200 --> 00:38:41,200
Speaker 1: as even the New York Times is willing to point

734
00:38:41,200 --> 00:38:44,000
Speaker 1: out now, they have covered this stuff up from the beginning.

735
00:38:44,040 --> 00:38:47,239
Speaker 1: Doctor She says that all of the insults against her

736
00:38:47,280 --> 00:38:50,440
Speaker 1: are filth. I like, what are you guys even talking

737
00:38:50,440 --> 00:38:53,359
Speaker 1: about here? Really, what it is is that there's been

738
00:38:53,440 --> 00:38:57,000
Speaker 1: zero transparency and that the people in charge the people

739
00:38:57,000 --> 00:39:01,640
Speaker 1: who we trusted. I mean, think back April of twenty twenty,

740
00:39:01,920 --> 00:39:04,040
Speaker 1: how much trust did this country happened? People like doctor

741
00:39:04,040 --> 00:39:08,400
Speaker 1: Fauci and the surgeon General and even Dazak, the epidemiologist.

742
00:39:08,600 --> 00:39:11,080
Speaker 1: I'm sure I was one of many being like, hey, man,

743
00:39:11,239 --> 00:39:13,200
Speaker 1: I gotta hear what these people have to say. I mean,

744
00:39:13,239 --> 00:39:14,839
Speaker 1: you know, they're the ones who are in charge, and

745
00:39:14,920 --> 00:39:19,560
Speaker 1: slowly but surely you've become deeply disgusted by seeing how

746
00:39:19,719 --> 00:39:21,759
Speaker 1: you know, oh well, if there's a BLM protest, then

747
00:39:21,760 --> 00:39:24,960
Speaker 1: apparently coronavirus doesn't matter. But it took a while in

748
00:39:25,080 --> 00:39:28,840
Speaker 1: order to really say, Okay, I can't trust these people anymore.

749
00:39:29,239 --> 00:39:32,200
Speaker 1: But in that time they abused our trust. They covered

750
00:39:32,280 --> 00:39:37,400
Speaker 1: up a possible origin theory for coronavirus in Nature magazine

751
00:39:37,760 --> 00:39:40,200
Speaker 1: with the help of doctor Fauci, with the help of

752
00:39:40,239 --> 00:39:43,680
Speaker 1: doctor Peter Dazak, they became heroes to a huge segment

753
00:39:43,920 --> 00:39:47,320
Speaker 1: of this population, also because of cable news and appearing

754
00:39:47,360 --> 00:39:50,920
Speaker 1: to be anti Trump, like the scientists telling Trump how

755
00:39:50,920 --> 00:39:53,840
Speaker 1: it is. Even today, Crystal, I think we both know

756
00:39:54,200 --> 00:39:57,239
Speaker 1: one third of the US population will never believe the

757
00:39:57,320 --> 00:40:00,600
Speaker 1: Lablique theory even if it's true, just because Trump's because

758
00:40:00,640 --> 00:40:04,440
Speaker 1: of MSNBC. One third of the entire US population. That's crazy.

759
00:40:04,520 --> 00:40:07,680
Speaker 1: That's just totally completely insane. Well, it's really wild, is

760
00:40:07,719 --> 00:40:11,080
Speaker 1: that the bad actors, because there have been good actors

761
00:40:11,120 --> 00:40:13,080
Speaker 1: in the scientific community as well, So I don't want

762
00:40:13,080 --> 00:40:16,080
Speaker 1: to smear like everyone who's a scientist goods. There have

763
00:40:16,080 --> 00:40:18,399
Speaker 1: been some good actors as well. And you've got now

764
00:40:18,480 --> 00:40:20,080
Speaker 1: a number of people have come out and said, look,

765
00:40:20,120 --> 00:40:21,840
Speaker 1: we got to look into this thing. Even if I

766
00:40:21,880 --> 00:40:25,120
Speaker 1: think maybe it's more likely of the zoonotic origin, we

767
00:40:25,239 --> 00:40:27,160
Speaker 1: really got to figure this thing out and this isn't

768
00:40:27,200 --> 00:40:29,480
Speaker 1: about politics. It's just about we got to get to

769
00:40:29,520 --> 00:40:32,120
Speaker 1: the root of this thing. But the bad actors here

770
00:40:32,400 --> 00:40:35,759
Speaker 1: really very skillfully manipulated the media and the media's weaknesses.

771
00:40:35,920 --> 00:40:38,640
Speaker 1: I mean, the combination of Trump said it. So it's

772
00:40:38,680 --> 00:40:41,000
Speaker 1: got to be wrong. The way that they got out

773
00:40:41,040 --> 00:40:44,080
Speaker 1: front with this force of We've got another like what

774
00:40:44,239 --> 00:40:47,920
Speaker 1: was it twenty or some dozen scientists on the first

775
00:40:48,000 --> 00:40:50,279
Speaker 1: letter that signed on. That just gave it the weight

776
00:40:50,360 --> 00:40:53,560
Speaker 1: of like you've got on this side, you've got all

777
00:40:53,560 --> 00:40:57,759
Speaker 1: these credible scientists with their PhDs saying absolutely can't have

778
00:40:57,840 --> 00:40:59,600
Speaker 1: come from a lab. And on this side you've got

779
00:40:59,600 --> 00:41:03,680
Speaker 1: these razy loons like Donald Trump. And if you don't

780
00:41:03,760 --> 00:41:07,560
Speaker 1: know anything about gain of function research, if you don't

781
00:41:07,600 --> 00:41:11,600
Speaker 1: know anything, I myself just looking at the surface level job, like,

782
00:41:11,600 --> 00:41:13,600
Speaker 1: why are we supposed to know looking at those things.

783
00:41:13,640 --> 00:41:17,239
Speaker 1: I'm not a science reporter, I'm not an epidemiologist. I'd say, yeah,

784
00:41:17,280 --> 00:41:19,840
Speaker 1: those people seem more credible than like the Trump loonies

785
00:41:19,880 --> 00:41:22,640
Speaker 1: and Tom Cotton and whoever else is out here. But yeah,

786
00:41:22,680 --> 00:41:25,080
Speaker 1: the people whose job it was to actually dig into

787
00:41:25,120 --> 00:41:28,440
Speaker 1: this and consider the motivations of the people at stake

788
00:41:28,480 --> 00:41:31,280
Speaker 1: on both sides they really failed, and they've essentially admitted

789
00:41:31,360 --> 00:41:32,880
Speaker 1: that at this point that it was like, yeah, we

790
00:41:32,880 --> 00:41:34,520
Speaker 1: were really blinded by the fact that it was Trump

791
00:41:34,560 --> 00:41:36,520
Speaker 1: who was saying it and it caught, and you had

792
00:41:36,560 --> 00:41:38,920
Speaker 1: scientists saying the other and we just caused us to

793
00:41:38,960 --> 00:41:41,440
Speaker 1: dismiss it out of hand when we really should have

794
00:41:41,560 --> 00:41:43,799
Speaker 1: done the digging and given it more credence. And now

795
00:41:43,840 --> 00:41:46,640
Speaker 1: that Trump is gone and it's kind of safe, then

796
00:41:46,960 --> 00:41:49,239
Speaker 1: they're able to return to their senses a little bit

797
00:41:49,360 --> 00:41:53,239
Speaker 1: and hear some of the countervailing evidence and consider that, hey,

798
00:41:53,239 --> 00:41:57,359
Speaker 1: maybe this lablique theory isn't so crazier, isn't just some

799
00:41:57,480 --> 00:42:00,400
Speaker 1: like racist conspiracy theory. Like we ultimately though that it

800
00:42:00,440 --> 00:42:02,440
Speaker 1: was credit to Biden at least he said we need

801
00:42:02,480 --> 00:42:05,080
Speaker 1: to have a real investigation and the G seven and

802
00:42:05,120 --> 00:42:07,239
Speaker 1: also put out a statement so credit where it's all

803
00:42:07,320 --> 00:42:09,120
Speaker 1: due one hundred percent. He set it out on the

804
00:42:09,120 --> 00:42:11,520
Speaker 1: world stage. And that type of stuff does matter because

805
00:42:11,520 --> 00:42:14,279
Speaker 1: it does drive the Chinese credit. But don't forget, which

806
00:42:14,320 --> 00:42:16,880
Speaker 1: is that the Fauci emails revealed to us that the

807
00:42:16,920 --> 00:42:20,240
Speaker 1: person who put out the coordinated Nature magazine statement about

808
00:42:20,239 --> 00:42:23,640
Speaker 1: how there was absolutely zero doubt that the lablique theory

809
00:42:23,960 --> 00:42:27,400
Speaker 1: was not true, had emailed doctor Fauci in January of

810
00:42:27,440 --> 00:42:30,040
Speaker 1: twenty twenty, saying that they had what was it, no

811
00:42:30,200 --> 00:42:35,840
Speaker 1: evolutionary characteristics or like not consistent with evolutionary theory aka

812
00:42:36,400 --> 00:42:40,319
Speaker 1: man made. And here's the thing, this all looks like

813
00:42:40,360 --> 00:42:43,120
Speaker 1: it might have been a colossal accident, not just of

814
00:42:43,160 --> 00:42:47,000
Speaker 1: the Chinese making, with the active complicity and funding of

815
00:42:47,040 --> 00:42:49,440
Speaker 1: the United States government. That's what makes it such a

816
00:42:49,480 --> 00:42:52,439
Speaker 1: scandal in the first place. And more than that, take

817
00:42:52,480 --> 00:42:54,880
Speaker 1: all the politics out, do we really want to be

818
00:42:54,920 --> 00:42:57,600
Speaker 1: funding more of this type of research if this is

819
00:42:57,640 --> 00:43:00,760
Speaker 1: what caused the worst pandemic in a century, I think

820
00:43:00,960 --> 00:43:05,920
Speaker 1: personally the answer is no. And if you're gonna do it,

821
00:43:06,040 --> 00:43:09,400
Speaker 1: prove to me that it's not dangerous anymore, prove to

822
00:43:09,440 --> 00:43:13,440
Speaker 1: me that we're not find funding maybe subpar labs in China,

823
00:43:13,719 --> 00:43:16,080
Speaker 1: and prove to me that it's actually necessary for science.

824
00:43:16,200 --> 00:43:19,680
Speaker 1: But people have a right to have their voices heard

825
00:43:19,880 --> 00:43:23,799
Speaker 1: because it's our dollars, but importantly it's our lives, and

826
00:43:23,920 --> 00:43:26,200
Speaker 1: we've just been totally failed on the story. I honestly

827
00:43:26,239 --> 00:43:28,640
Speaker 1: think we already have our answer about Kana. Whether this

828
00:43:28,920 --> 00:43:31,279
Speaker 1: one ends up having come from a lab or not.

829
00:43:31,760 --> 00:43:35,080
Speaker 1: Clearly this is a huge risk. Clearly there's massive risk involved,

830
00:43:35,120 --> 00:43:38,239
Speaker 1: and we do know that other viruses have escaped the lab,

831
00:43:38,560 --> 00:43:41,360
Speaker 1: so it's not like so crazy to think that that

832
00:43:41,440 --> 00:43:45,680
Speaker 1: could happen. So, in my non scientific opinion, based on

833
00:43:45,880 --> 00:43:48,640
Speaker 1: reading in a lot on all of this stuff to

834
00:43:48,680 --> 00:43:51,319
Speaker 1: try to bring you guys the best information, I think

835
00:43:51,320 --> 00:43:53,400
Speaker 1: we already have our answer on gain and function research.

836
00:43:53,400 --> 00:43:55,640
Speaker 1: And you know what, these scientists think it too, because

837
00:43:55,640 --> 00:43:57,440
Speaker 1: they are going out of their way to say, no, no, no,

838
00:43:57,680 --> 00:44:00,880
Speaker 1: what we were doing that wasn't gain of function research.

839
00:44:01,080 --> 00:44:03,239
Speaker 1: We don't want anything to do with that. So I

840
00:44:03,280 --> 00:44:06,720
Speaker 1: think the tables on that one have already turned. Speaking

841
00:44:06,719 --> 00:44:10,560
Speaker 1: of rigged systems, Indeed, another private equity story for you guys,

842
00:44:10,840 --> 00:44:13,880
Speaker 1: this is actually really stunning. So the New York Times

843
00:44:14,880 --> 00:44:17,200
Speaker 1: got their hands on information that there have actually been

844
00:44:17,280 --> 00:44:22,279
Speaker 1: several whistle blowers coming forward to the IRS saying, hey,

845
00:44:22,719 --> 00:44:26,320
Speaker 1: private equity, these people are getting away with cheating on

846
00:44:26,400 --> 00:44:31,120
Speaker 1: their taxes left and right, at least three different whistleblowers.

847
00:44:31,440 --> 00:44:33,400
Speaker 1: So when the New York Times dug into this, what

848
00:44:33,480 --> 00:44:36,280
Speaker 1: they found is, even though those concerns had been brought,

849
00:44:36,880 --> 00:44:44,759
Speaker 1: the actual tax rules are rarely enforced against private equity managers,

850
00:44:44,880 --> 00:44:47,360
Speaker 1: the people who are getting the distribution from these private

851
00:44:47,360 --> 00:44:51,399
Speaker 1: equity funds. The rules are extraordinally byzantine, and they are

852
00:44:51,520 --> 00:44:57,800
Speaker 1: exploiting massive loopholes, both legally and some probably dodging even

853
00:44:57,960 --> 00:45:02,640
Speaker 1: the legal methods of of lowering their taxes and straight

854
00:45:02,719 --> 00:45:06,080
Speaker 1: up acting illegally. Again, according to these whistleblowers, there's a

855
00:45:06,120 --> 00:45:08,440
Speaker 1: few different pieces here that are really important to note.

856
00:45:08,520 --> 00:45:12,120
Speaker 1: I think this is really interesting. So Trump administration gave

857
00:45:12,200 --> 00:45:15,440
Speaker 1: private equity massive gift on their way out of office.

858
00:45:15,800 --> 00:45:17,960
Speaker 1: A senior Treasury official I'm ringing from the New York

859
00:45:17,960 --> 00:45:22,920
Speaker 1: Times now, a senior Treasury official whose previous job involved

860
00:45:23,120 --> 00:45:27,239
Speaker 1: helping the wealthy avoid taxes, put into place new regulations

861
00:45:27,239 --> 00:45:30,400
Speaker 1: they represented a major victory for private equity in firms.

862
00:45:30,440 --> 00:45:33,560
Speaker 1: They ensured that executives in the four point five trillion

863
00:45:33,560 --> 00:45:36,319
Speaker 1: dollar industry, whose leaders often measure their yearly pay in

864
00:45:36,480 --> 00:45:41,160
Speaker 1: eight or nine figures, could avoid paying hundreds of millions

865
00:45:41,160 --> 00:45:44,080
Speaker 1: in taxes. And wait for this part. Those rules were

866
00:45:44,160 --> 00:45:49,440
Speaker 1: approved on January fifth, the day before the riot at

867
00:45:49,440 --> 00:45:53,480
Speaker 1: the US Capitol, and so hardly anyone noticed. But by

868
00:45:53,520 --> 00:45:55,920
Speaker 1: the way, this isn't just a Trump story. This is

869
00:45:56,000 --> 00:45:59,040
Speaker 1: completely bipartisan. Let me find the numbers here of the

870
00:45:59,200 --> 00:46:02,680
Speaker 1: number of lab private equity industry has a fleet of

871
00:46:02,719 --> 00:46:07,560
Speaker 1: almost two hundred lobbyists and has doled out nearly six

872
00:46:07,760 --> 00:46:12,040
Speaker 1: hundred million dollars in campaign contributions over the last decade.

873
00:46:12,080 --> 00:46:15,919
Speaker 1: That's to Republicans and to Democrats, and that has repeatedly

874
00:46:16,000 --> 00:46:19,839
Speaker 1: derailed past efforts to increase their tax burden at all.

875
00:46:20,239 --> 00:46:25,239
Speaker 1: They have spent millions, hundreds of millions to rig the

876
00:46:25,320 --> 00:46:29,360
Speaker 1: system to their benefit. And even that is not enough,

877
00:46:29,680 --> 00:46:32,799
Speaker 1: according to these whistleblowers. They then even have to go

878
00:46:32,920 --> 00:46:37,040
Speaker 1: beyond those technically legal leap loopholes that they fought for,

879
00:46:37,440 --> 00:46:39,560
Speaker 1: but been fought for by spending lots of money in

880
00:46:39,600 --> 00:46:43,279
Speaker 1: campaign contributions, and actually commit illegal acts as well, again

881
00:46:43,280 --> 00:46:45,840
Speaker 1: according to these whistleblowers, discussing all the way around, and

882
00:46:45,840 --> 00:46:48,040
Speaker 1: then the IRS has no money to actually audit them.

883
00:46:48,120 --> 00:46:51,400
Speaker 1: That's the worst part. And speaking of Blackstone, this is Blackstone,

884
00:46:51,520 --> 00:46:55,400
Speaker 1: to be clear, not Blacklaw. Blackstone Group chief executive Steven Schwartzman,

885
00:46:55,760 --> 00:46:58,240
Speaker 1: who you know, a big friend of the Chinese government.

886
00:46:58,480 --> 00:47:02,400
Speaker 1: He earned six hundred and ten million dollars last year

887
00:47:02,560 --> 00:47:04,680
Speaker 1: and he's going to pay federal taxes at a rate

888
00:47:04,960 --> 00:47:09,200
Speaker 1: similar to the average middle class American. So that's interesting.

889
00:47:09,480 --> 00:47:11,920
Speaker 1: And the more that you read all of this, not

890
00:47:11,960 --> 00:47:14,600
Speaker 1: only in terms of the campaign contributions and more, but

891
00:47:14,719 --> 00:47:18,080
Speaker 1: you actually see that they know they're not going to

892
00:47:18,120 --> 00:47:21,239
Speaker 1: get audited because of something what they've created called a

893
00:47:21,239 --> 00:47:25,200
Speaker 1: partnership in a partnership system quote. One reason they fairly

894
00:47:25,360 --> 00:47:29,080
Speaker 1: rarely face audits is private equity firms have deployed vast

895
00:47:29,120 --> 00:47:33,319
Speaker 1: webs of partnerships to collect their profits. So partnerships do

896
00:47:33,400 --> 00:47:37,840
Speaker 1: not owe income taxes, so instead they pass obligations onto

897
00:47:37,880 --> 00:47:41,080
Speaker 1: their partners, who can number in the thousands at a

898
00:47:41,160 --> 00:47:45,319
Speaker 1: large private equity firms. That makes the structures complicated for

899
00:47:45,440 --> 00:47:50,359
Speaker 1: auditors to untangle. Increasingly, this is the really bad part.

900
00:47:50,480 --> 00:47:53,840
Speaker 1: The agency doesn't even bother People earning less than twenty

901
00:47:53,840 --> 00:47:57,960
Speaker 1: five thousand dollars are three times more likely to be

902
00:47:58,120 --> 00:48:03,680
Speaker 1: audited than partnerships, whose income flows overwhelmingly to the richest

903
00:48:03,880 --> 00:48:06,880
Speaker 1: one percent of Americans. I'm going to say it for

904
00:48:06,960 --> 00:48:10,200
Speaker 1: what it is. This is rigged. This is a rigged system.

905
00:48:10,400 --> 00:48:13,879
Speaker 1: If you're earning less than twenty five thousand dollars in

906
00:48:13,920 --> 00:48:17,560
Speaker 1: this country, you are poor, like you are, on the

907
00:48:17,680 --> 00:48:22,320
Speaker 1: brink will one blown tire away from bankruptcy. And maybe

908
00:48:22,360 --> 00:48:25,280
Speaker 1: you forgot to check a box or two, or maybe

909
00:48:25,320 --> 00:48:28,640
Speaker 1: you didn't report some cash tips or whatever from a

910
00:48:28,760 --> 00:48:32,240
Speaker 1: job on your income. You know what, Uncle Sam should

911
00:48:32,280 --> 00:48:35,560
Speaker 1: have nothing to do with you, especially whenever these types

912
00:48:35,600 --> 00:48:40,040
Speaker 1: of people are creating partnerships and funneling hundreds of billions

913
00:48:40,080 --> 00:48:43,480
Speaker 1: of dollars through this system, all one hundred percent legally,

914
00:48:43,640 --> 00:48:45,360
Speaker 1: and like you said, it's not even enough. They have

915
00:48:45,440 --> 00:48:46,920
Speaker 1: to on the way out, they have to write these

916
00:48:46,920 --> 00:48:49,760
Speaker 1: little rules. And I love that this happened on January fifth,

917
00:48:49,840 --> 00:48:53,400
Speaker 1: because okay, January sixth, it was terrible, right, It was

918
00:48:53,480 --> 00:48:57,600
Speaker 1: obviously a story worth covering. It's it's June fourteenth and

919
00:48:57,880 --> 00:49:01,160
Speaker 1: the lead story in the Political Today. Biden was asked

920
00:49:01,160 --> 00:49:02,880
Speaker 1: about it the day that we're taping it. Biden was

921
00:49:02,960 --> 00:49:06,120
Speaker 1: just asked about a January six commission on June fourteenth,

922
00:49:06,320 --> 00:49:11,000
Speaker 1: while he's abroad in talking about NATO, and show me

923
00:49:11,440 --> 00:49:15,160
Speaker 1: one person, one real reporter who would actually bring this up,

924
00:49:15,440 --> 00:49:19,120
Speaker 1: do a primetime segment about it and say on January fifth,

925
00:49:19,160 --> 00:49:22,920
Speaker 1: twenty twenty one, the Trump administration aided and embedded by

926
00:49:22,920 --> 00:49:26,600
Speaker 1: the private equity industry, gave hundreds of millions of dollars

927
00:49:26,600 --> 00:49:29,240
Speaker 1: in tax benefits to the wealthiest people in this country

928
00:49:29,360 --> 00:49:32,960
Speaker 1: who not only were already wealthy, but made ten times

929
00:49:33,000 --> 00:49:35,960
Speaker 1: more than you did during the pandemic while you suffered

930
00:49:36,000 --> 00:49:39,680
Speaker 1: in your house. That is an absolute outrage, and it's look.

931
00:49:39,960 --> 00:49:42,520
Speaker 1: Credit to the Times for doing the story. But let's

932
00:49:42,560 --> 00:49:45,520
Speaker 1: not hit ourselves. Nobody is talking about this in the

933
00:49:45,520 --> 00:49:47,600
Speaker 1: way that it actually is. Well, and let's go all

934
00:49:47,600 --> 00:49:49,040
Speaker 1: the way back to what we were talking about at

935
00:49:49,080 --> 00:49:51,279
Speaker 1: the beginning, the media and the things that they choose

936
00:49:51,280 --> 00:49:53,960
Speaker 1: to become sorry, right, right, So you could either have

937
00:49:54,680 --> 00:49:57,840
Speaker 1: focused Again, no one here is saying January sixth was

938
00:49:57,880 --> 00:49:59,920
Speaker 1: not horrible and did not deserve a lot of attention.

939
00:50:00,239 --> 00:50:02,520
Speaker 1: We gave it a lot of attention, and it has

940
00:50:02,560 --> 00:50:04,719
Speaker 1: important ramifications for the country. I want to be clear

941
00:50:04,719 --> 00:50:09,160
Speaker 1: about that. But the whole conversation about Trump has always

942
00:50:09,200 --> 00:50:12,840
Speaker 1: just been about character. And if you had actually focused

943
00:50:12,840 --> 00:50:17,279
Speaker 1: on things like this massive loopholes giveaways written by the

944
00:50:17,400 --> 00:50:20,120
Speaker 1: dude who came straight from advising the rich on how

945
00:50:20,160 --> 00:50:23,120
Speaker 1: to avoid taxes, you would have gotten a lot further

946
00:50:23,320 --> 00:50:26,040
Speaker 1: than you did ultimately. Now, instead you're in a place

947
00:50:26,040 --> 00:50:28,840
Speaker 1: where if Trump runs again in twenty twenty four, especially

948
00:50:28,880 --> 00:50:33,480
Speaker 1: if he's running against Kamala Harris, welcome back, President Trump. Love. Yeah.

949
00:50:33,520 --> 00:50:36,520
Speaker 1: I mean it's seriously you've left him in a position

950
00:50:36,600 --> 00:50:39,640
Speaker 1: where people don't know that these are the type of

951
00:50:39,719 --> 00:50:44,200
Speaker 1: actions that they were aggressively pursuing, giving the store away

952
00:50:44,680 --> 00:50:49,000
Speaker 1: to the richest and most powerful among us. This one loophole,

953
00:50:49,000 --> 00:50:51,360
Speaker 1: the carried interest loophole. You probably heard it name before.

954
00:50:51,440 --> 00:50:53,120
Speaker 1: It's like the way that they're able to book reb

955
00:50:53,200 --> 00:50:55,600
Speaker 1: and instead of taking it as income, they take it

956
00:50:55,640 --> 00:50:59,560
Speaker 1: as carried interest. And then so that one loophole costs

957
00:50:59,560 --> 00:51:02,680
Speaker 1: the federal government one hundred and thirty billion dollars just

958
00:51:02,760 --> 00:51:05,200
Speaker 1: that one thing, and like we're not big, you gotta

959
00:51:05,200 --> 00:51:07,719
Speaker 1: pay for it and balance the budget. People over here,

960
00:51:07,880 --> 00:51:11,760
Speaker 1: this is about basic fairness. This is about basic belief

961
00:51:12,239 --> 00:51:14,640
Speaker 1: that this system that we have set up in this

962
00:51:14,719 --> 00:51:19,520
Speaker 1: country is gonna work for you and isn't wildly disgustingly

963
00:51:19,760 --> 00:51:23,600
Speaker 1: unfair and rigged for the people who already have the most.

964
00:51:23,960 --> 00:51:27,200
Speaker 1: And so that's what this is really all about. Because

965
00:51:27,239 --> 00:51:28,719
Speaker 1: the moment that you lose that, and I mean a

966
00:51:28,760 --> 00:51:32,160
Speaker 1: lot of ways, that whole trust any semblance of oh,

967
00:51:32,200 --> 00:51:34,080
Speaker 1: this is a fair system. You work hard and you

968
00:51:34,200 --> 00:51:35,959
Speaker 1: pay your taxes and you make it to the top.

969
00:51:36,520 --> 00:51:39,719
Speaker 1: That's gone. Stories like this just underscore it. And if

970
00:51:39,760 --> 00:51:42,640
Speaker 1: you don't fix it, you're in a bad, bad place.

971
00:51:42,680 --> 00:51:44,640
Speaker 1: So all these people will look at like, what can

972
00:51:44,680 --> 00:51:47,680
Speaker 1: we do? The trust and institutions is so incredibly good?

973
00:51:47,960 --> 00:51:50,720
Speaker 1: Fox News yeah, Fox News Yeah. I mean, look, Fox

974
00:51:50,760 --> 00:51:53,120
Speaker 1: News is not a great institution, but neither are any

975
00:51:53,400 --> 00:51:55,520
Speaker 1: other media outlets, by the way, And if you want

976
00:51:55,520 --> 00:51:57,719
Speaker 1: to say which is worse, okay, you know, maybe I'd

977
00:51:57,760 --> 00:52:01,840
Speaker 1: say Fox. But it's everything to distract from their own failings.

978
00:52:02,000 --> 00:52:03,880
Speaker 1: The next thing that they would do after Fox News

979
00:52:03,960 --> 00:52:05,640
Speaker 1: is like, oh, well, it's your fault because you're just

980
00:52:05,680 --> 00:52:08,760
Speaker 1: buying into all these conspiracy theories and you're not educated

981
00:52:08,840 --> 00:52:11,800
Speaker 1: enough or you're not listening to the right programming or whatever.

982
00:52:11,960 --> 00:52:14,279
Speaker 1: Is a corporate media responsible. Yeah, but this is the

983
00:52:14,320 --> 00:52:16,800
Speaker 1: thing too. Their bosses, many of the people who invest

984
00:52:16,800 --> 00:52:18,960
Speaker 1: in these companies or own them, they're benefiting from the

985
00:52:18,960 --> 00:52:21,640
Speaker 1: same thing. So how are they supposed to report on this?

986
00:52:21,640 --> 00:52:24,120
Speaker 1: This is where it all. I'm just sitting here thinking

987
00:52:24,200 --> 00:52:27,520
Speaker 1: about somebody who's making less than twenty five grand a

988
00:52:27,560 --> 00:52:31,000
Speaker 1: year getting audited by the IRS and then having them

989
00:52:31,200 --> 00:52:34,560
Speaker 1: these guys funneling millions of dollars so they can buy

990
00:52:34,600 --> 00:52:37,879
Speaker 1: new boats in Monaco or whatever in order to not

991
00:52:37,920 --> 00:52:42,879
Speaker 1: pay tip. It is blood boiling just even thinking about that.

992
00:52:42,960 --> 00:52:45,600
Speaker 1: And yes, I'm not a huge like you know, you know,

993
00:52:45,640 --> 00:52:47,719
Speaker 1: we have to pay for it every line item since

994
00:52:47,760 --> 00:52:51,600
Speaker 1: countries aren't houses, turns out. But it's about fairness and

995
00:52:51,640 --> 00:52:55,440
Speaker 1: it's about buying into the system. This whole thing America,

996
00:52:55,800 --> 00:52:59,400
Speaker 1: the experiment. Look, nothing ties us together. It's not blood,

997
00:52:59,640 --> 00:53:02,640
Speaker 1: you know, that hasn't been the case for a long time.

998
00:53:02,960 --> 00:53:06,319
Speaker 1: It's not you know, common cultural heritage. There's some of that,

999
00:53:06,440 --> 00:53:10,280
Speaker 1: but not necessarily, especially in the cosmopolitan age. It's about

1000
00:53:10,520 --> 00:53:13,719
Speaker 1: belief in an idea and in being able to get

1001
00:53:13,760 --> 00:53:18,080
Speaker 1: ahead and more that is slowly dissipating. And the more

1002
00:53:18,360 --> 00:53:20,799
Speaker 1: that people see this type of story. I've said this

1003
00:53:20,800 --> 00:53:22,920
Speaker 1: so many times, people know the system is rigged. They

1004
00:53:22,960 --> 00:53:25,880
Speaker 1: just can't explain to you exactly how. And that's what

1005
00:53:25,960 --> 00:53:27,960
Speaker 1: really what we try and do here the most on

1006
00:53:28,000 --> 00:53:31,040
Speaker 1: this show. And the more that you have these types

1007
00:53:31,040 --> 00:53:34,520
Speaker 1: of developments and look, this will just continue to get

1008
00:53:34,560 --> 00:53:38,040
Speaker 1: worse and worse because I guarantee you. Maybe the Biden

1009
00:53:38,120 --> 00:53:40,399
Speaker 1: people won't be as brazen, but there will be some

1010
00:53:40,880 --> 00:53:44,040
Speaker 1: similar giveaway to the rich inside of the Treasury Department,

1011
00:53:44,239 --> 00:53:47,040
Speaker 1: and it will just cascade and cascade, and like you said,

1012
00:53:47,120 --> 00:53:49,759
Speaker 1: then they'll like be geniuses and run Kamala and then

1013
00:53:49,840 --> 00:53:53,959
Speaker 1: trumble in again and then it's over. Like this whole thing,

1014
00:53:54,040 --> 00:53:57,160
Speaker 1: it's just at that point, the amount of capital that

1015
00:53:57,200 --> 00:53:59,399
Speaker 1: they've accumulated, what are they going to do. Let's bring

1016
00:53:59,440 --> 00:54:02,399
Speaker 1: it back too earlier the show. They're gonna buy your house, yeah,

1017
00:54:02,560 --> 00:54:06,200
Speaker 1: or they're gonna buy Black Rocket loan your neighborhood and yeah,

1018
00:54:06,320 --> 00:54:07,680
Speaker 1: by that time, they're gonna do that thing that New

1019
00:54:07,760 --> 00:54:09,920
Speaker 1: York City landlords do, and they're gonna like screw with

1020
00:54:09,960 --> 00:54:13,239
Speaker 1: your property until you sell to them and drive you out.

1021
00:54:13,280 --> 00:54:15,120
Speaker 1: And they're gonna make it so that you can't buy

1022
00:54:15,120 --> 00:54:17,279
Speaker 1: a house in this country. Soon you won't even own

1023
00:54:17,280 --> 00:54:20,320
Speaker 1: a car. You'll lease it from Black Rocket Blackstone, and

1024
00:54:20,360 --> 00:54:22,319
Speaker 1: you're not gonna own anything. The only thing they'll own

1025
00:54:22,400 --> 00:54:24,040
Speaker 1: is your cell phone so that they can track you

1026
00:54:24,080 --> 00:54:26,279
Speaker 1: all day and make sure that you know they go

1027
00:54:26,400 --> 00:54:28,680
Speaker 1: and they I'm starting to sound like Alex Jones, but

1028
00:54:29,520 --> 00:54:31,879
Speaker 1: you know I guess we're in the same city, so

1029
00:54:31,440 --> 00:54:36,240
Speaker 1: it's some of it's bleeding in. Well, yes, in happier news,

1030
00:54:36,440 --> 00:54:40,359
Speaker 1: we're excited to be on with your everything must be fun,

1031
00:54:40,480 --> 00:54:43,399
Speaker 1: maybe fucked, but at least we're gonna get to talk

1032
00:54:43,440 --> 00:54:47,000
Speaker 1: to a big audience about exactly what's going on, what's

1033
00:54:47,080 --> 00:54:49,120
Speaker 1: going on in the media. I know we're gonna I'm

1034
00:54:49,120 --> 00:54:51,920
Speaker 1: sure we're gonna dig in a lot into all of that.

1035
00:54:52,239 --> 00:54:56,160
Speaker 1: And honestly, I mean, look, you guys have shaken people

1036
00:54:56,239 --> 00:55:00,040
Speaker 1: up in terms of what you've accomplished. The support a

1037
00:55:00,120 --> 00:55:02,719
Speaker 1: lot of mainstream actors. I mean, they didn't even know

1038
00:55:02,760 --> 00:55:04,600
Speaker 1: we exist, They had no idea what we were doing.

1039
00:55:05,160 --> 00:55:08,000
Speaker 1: And so when in one week they see us popping

1040
00:55:08,080 --> 00:55:10,320
Speaker 1: up at the top of these charts, et cetera, was

1041
00:55:11,000 --> 00:55:14,920
Speaker 1: eye opening, eye opening moment. And so what does that

1042
00:55:15,000 --> 00:55:17,840
Speaker 1: actually mean? What does that portend? And that's not just

1043
00:55:17,880 --> 00:55:20,160
Speaker 1: about like Saga and I and what we're doing here,

1044
00:55:20,200 --> 00:55:22,200
Speaker 1: but what does that say about the country? What does

1045
00:55:22,239 --> 00:55:24,680
Speaker 1: that say about the media landscape where things are heading.

1046
00:55:24,719 --> 00:55:29,279
Speaker 1: There's kind of a great revolt underway as trust in

1047
00:55:29,320 --> 00:55:34,239
Speaker 1: these media institutions has completely collapsed and people are disgusted

1048
00:55:34,280 --> 00:55:37,160
Speaker 1: by some of the like over advertising, to all this

1049
00:55:37,239 --> 00:55:41,480
Speaker 1: stuff that just makes the whole enterprise feel sleazy and untrustworthy.

1050
00:55:41,560 --> 00:55:44,080
Speaker 1: So we'll dig into those pieces. I hope we get

1051
00:55:44,120 --> 00:55:45,840
Speaker 1: a chance to talk about some of this housing stuff

1052
00:55:45,840 --> 00:55:48,640
Speaker 1: that I think is incredibly important. And just look, the

1053
00:55:48,680 --> 00:55:51,920
Speaker 1: country is at a really the world, I would say,

1054
00:55:52,000 --> 00:55:54,799
Speaker 1: is at this great moment of uncertainty or in this

1055
00:55:54,880 --> 00:55:57,560
Speaker 1: kind of in between space right at least here in America,

1056
00:55:57,600 --> 00:56:00,680
Speaker 1: the pandemic is receding into the rear view me and

1057
00:56:00,719 --> 00:56:03,760
Speaker 1: now we're left evaluating the wreckage and all these weird

1058
00:56:03,840 --> 00:56:08,319
Speaker 1: financial metrics and potential bubbles and people starting to quit

1059
00:56:08,360 --> 00:56:11,799
Speaker 1: their jobs and consider a different way of living. What

1060
00:56:12,000 --> 00:56:14,080
Speaker 1: is this all going to amount to, who's ultimately going

1061
00:56:14,160 --> 00:56:16,520
Speaker 1: to benefit for it? How will it reshape our country?

1062
00:56:16,560 --> 00:56:19,439
Speaker 1: Those are gigantic questions that I don't think I think

1063
00:56:19,440 --> 00:56:21,319
Speaker 1: we all have to have a lot of humility about

1064
00:56:21,400 --> 00:56:24,200
Speaker 1: right now as we're pondering, because there's just such tremendous

1065
00:56:24,320 --> 00:56:26,759
Speaker 1: uncertainty in a million different directions that could go. This

1066
00:56:26,800 --> 00:56:28,880
Speaker 1: is what politics should be about. Politics should be about

1067
00:56:28,920 --> 00:56:31,800
Speaker 1: what does it mean? Mass Stolar put it well, today,

1068
00:56:32,000 --> 00:56:34,160
Speaker 1: politics is about what it's like to be a human

1069
00:56:34,200 --> 00:56:37,520
Speaker 1: in a society. It sounds very bland. But politics to

1070
00:56:37,560 --> 00:56:40,320
Speaker 1: people in DC is why do you support a January

1071
00:56:40,400 --> 00:56:43,520
Speaker 1: sixth commission? Or why you know what's going on in

1072
00:56:43,600 --> 00:56:46,560
Speaker 1: terms of you and putin? Are you gonna draw your

1073
00:56:46,600 --> 00:56:49,480
Speaker 1: red lines? And then meanwhile, people can't buy a house,

1074
00:56:49,719 --> 00:56:52,920
Speaker 1: black rocks eating it up, private equity guys getting tax cuts.

1075
00:56:53,200 --> 00:56:56,200
Speaker 1: You know, the Wuhan Institute of Virology ended up having bats.

1076
00:56:56,239 --> 00:56:59,120
Speaker 1: It turns out this whole thing is like a total

1077
00:56:59,200 --> 00:57:02,880
Speaker 1: lie and has been for a year. All of these

1078
00:57:02,920 --> 00:57:06,279
Speaker 1: things are happening, and I don't hear about it anywhere else.

1079
00:57:06,320 --> 00:57:08,560
Speaker 1: I'm so excited to talk to Joe. It's going to

1080
00:57:08,600 --> 00:57:11,640
Speaker 1: be a fun conversation. And yeah, it's important. I always

1081
00:57:11,680 --> 00:57:14,160
Speaker 1: see it. You know, our responsibility to try and elevate

1082
00:57:14,400 --> 00:57:17,800
Speaker 1: these types of deeper stories that have deep meaning and

1083
00:57:17,920 --> 00:57:21,480
Speaker 1: impact on people's lives and explain to them why the

1084
00:57:21,520 --> 00:57:24,760
Speaker 1: system is rigged against them, why the media is lying

1085
00:57:24,800 --> 00:57:27,680
Speaker 1: to you. Sometimes it's intentional, but many times that the

1086
00:57:27,720 --> 00:57:30,920
Speaker 1: system is built in such a way that lies are

1087
00:57:30,920 --> 00:57:34,600
Speaker 1: the only thing that they're capable of producing, or you know,

1088
00:57:35,200 --> 00:57:40,000
Speaker 1: miss mistruths or pointing people in a different direction. All

1089
00:57:40,000 --> 00:57:43,160
Speaker 1: of these things happened over years and understanding and getting

1090
00:57:43,200 --> 00:57:46,200
Speaker 1: to a new place can only happen through understanding. That's

1091
00:57:46,200 --> 00:57:47,400
Speaker 1: what Joe is the best at. And so I guess

1092
00:57:47,400 --> 00:57:50,280
Speaker 1: we'll have three hours to talk about it. Yeah, we'll

1093
00:57:50,280 --> 00:57:52,840
Speaker 1: talk about chimps too, We'll get to that. Yeah. Actually,

1094
00:57:52,920 --> 00:57:56,800
Speaker 1: Ryan Grim had a great tweet about the Wuhan bats

1095
00:57:56,880 --> 00:57:58,800
Speaker 1: in the lab thing. He was like they were running

1096
00:57:58,800 --> 00:58:02,320
Speaker 1: a wet market at the lit everybody was right, turn

1097
00:58:06,440 --> 00:58:08,520
Speaker 1: that would that would be something else, That would be

1098
00:58:08,600 --> 00:58:13,520
Speaker 1: something else. So just to review the slightly somewhat modified,

1099
00:58:13,960 --> 00:58:17,880
Speaker 1: quite modified schedule, So to today's show, we're gonna go

1100
00:58:17,960 --> 00:58:21,000
Speaker 1: We're gonna be on with Rogan Well that will post.

1101
00:58:21,000 --> 00:58:24,240
Speaker 1: Whenever that post, We're gonna have something like that. We're

1102
00:58:24,240 --> 00:58:27,920
Speaker 1: gonna have a surprise for you guys on Thursday in

1103
00:58:28,000 --> 00:58:31,160
Speaker 1: lieu of the normal show. We'll be back on Friday

1104
00:58:31,400 --> 00:58:36,960
Speaker 1: in the studio with Soccer's beloved desk for a normal

1105
00:58:36,960 --> 00:58:39,160
Speaker 1: show on Friday and then everything. We'll be back to

1106
00:58:39,440 --> 00:58:42,560
Speaker 1: the new normal schedule next week. So thanks for hanging

1107
00:58:42,600 --> 00:58:44,240
Speaker 1: in with us, guys, But I think you'll be excited

1108
00:58:44,240 --> 00:58:45,640
Speaker 1: about all these time. You guys are going to be

1109
00:58:45,640 --> 00:58:48,200
Speaker 1: really pumped apologies to everybody. We don't have a credit

1110
00:58:48,240 --> 00:58:50,480
Speaker 1: section or whatever in the show or you know, we

1111
00:58:50,520 --> 00:58:54,440
Speaker 1: have a very skeleton crew here down in Austin. Yeah, Friday,

1112
00:58:54,560 --> 00:58:57,120
Speaker 1: the normal show will be back all out. Lifetime members

1113
00:58:57,120 --> 00:58:59,040
Speaker 1: who are inquiring your name will be in the credit

1114
00:58:59,120 --> 00:59:02,760
Speaker 1: section then, I know. We update it weekly, just so

1115
00:59:02,800 --> 00:59:05,360
Speaker 1: everybody knows in terms of when people sign up. And

1116
00:59:05,400 --> 00:59:07,439
Speaker 1: we're working on the blacks guy. Yes, those I work

1117
00:59:08,040 --> 00:59:11,320
Speaker 1: so literally, they're literally being engraved in somewhere a couple

1118
00:59:11,320 --> 00:59:13,400
Speaker 1: states away. I'm not sure. Yeah, whatever, they'll be here

1119
00:59:13,480 --> 00:59:15,600
Speaker 1: very soon. Shout out to all of you. If you

1120
00:59:15,600 --> 00:59:17,720
Speaker 1: guys want to become a Premium member, you get to

1121
00:59:17,720 --> 00:59:20,760
Speaker 1: listen to the show completely uncut. You also can watch

1122
00:59:20,800 --> 00:59:22,920
Speaker 1: it uncut, you know, not as clips, all of that,

1123
00:59:22,960 --> 00:59:25,360
Speaker 1: and really just support the work of trying to bring

1124
00:59:25,400 --> 00:59:28,320
Speaker 1: people together here more. Their link is right there down

1125
00:59:28,360 --> 00:59:31,320
Speaker 1: in the description or Crystal Onsager dot com if you're

1126
00:59:31,360 --> 00:59:34,040
Speaker 1: listening there. Oh we own Breaking Points dot com now too, actually,

1127
00:59:34,080 --> 00:59:35,800
Speaker 1: so you can go there too. You can also check

1128
00:59:35,800 --> 00:59:38,200
Speaker 1: that one out. Anyway. We love you, guys. We're so

1129
00:59:38,240 --> 00:59:40,800
Speaker 1: excited to be here in Austin and to talk to

1130
00:59:40,880 --> 00:59:42,959
Speaker 1: Joe Rogan and We will see you all. I guess

1131
00:59:43,000 --> 00:59:46,800
Speaker 1: what tomorrow. Yeah, we'll see you tomorrow if you're watching

1132
00:59:46,840 --> 00:59:49,080
Speaker 1: on Rogan's channel, see you on Thursday if you're watching

1133
00:59:49,080 --> 00:59:50,720
Speaker 1: on our channel for our big surprise, and we'll see

1134
00:59:50,760 --> 00:59:53,000
Speaker 1: you back in the studio with the beautiful new desk

1135
00:59:53,160 --> 00:59:55,520
Speaker 1: on Friday. That's right. No matter what day it is,

1136
00:59:55,640 --> 00:59:58,000
Speaker 1: you can't escape us. Guys. We'll be We'll have something

1137
00:59:58,040 --> 01:00:00,760
Speaker 1: going up somewhere, so enjoy. Guys. We'll see you soon.