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Speaker 1: Hey, guys, ready or not, twenty twenty four is here

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Speaker 1: and we here at breaking points, are already thinking of

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Speaker 1: ways we can up our game for this critical election.

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Speaker 2: We rely on our premium subs to expand coverage, upgrade

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Speaker 2: the studio ad staff, give you, guys, the best independent.

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Speaker 3: Coverage that is possible.

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Speaker 2: If you like what we're all about, it just means

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Speaker 2: the absolute world to have your support. But enough with that,

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Speaker 2: let's get to the show. Good morning, everybody, Happy Thursday.

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Speaker 3: We have an amazing show for everybody today. What do

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Speaker 3: we have prisol.

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Speaker 4: Indeed we do.

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Speaker 1: We have the very latest on that search for the

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Speaker 1: missing Titan submersible, So we will break all of that

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Speaker 1: down for you, the story that has truly captivated the nation,

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Speaker 1: I think for a lot of reasons.

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Speaker 5: We also have some updates with.

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Speaker 1: Regards to our relationship with China, their plans to operate

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Speaker 1: in Cuba, President Biden calling she dictator after what seemed

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Speaker 1: to be a fairly successful visit between Tony Blincoln and

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Speaker 1: his counterpart in China's will break all of that down

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Speaker 1: for you. Also, pretty bombshell and weird situation with Justice Alito.

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Speaker 1: So ProPublica published some information about him flying on private

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Speaker 1: jet of a billionaire who ended up having business before

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Speaker 1: the court. He preempted their report with his.

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Speaker 5: Own Wall Street journal.

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Speaker 1: I'll ed very odd situation, very troubling situation, a lot

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Speaker 1: of ways, So we'll break that down for you. We

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Speaker 1: also have another very troubling situation with test scores for

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Speaker 1: teenagers falling off a cliff during the pandemic, still suffering

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Speaker 1: from learning loss, still taking account of what exactly happened

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Speaker 1: with all of that. Also new elon Musk fight now

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Speaker 1: he's saying that people who use the terms CIS or

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Speaker 1: CIS gender as a slur could be banned from the platform,

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Speaker 1: mister free speech.

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Speaker 4: Interesting direction from him.

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Speaker 1: Also excited to talk to you, Matt Steller today about

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Speaker 1: the FTC sewing Amazon over some deceptive technique that they

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Speaker 1: use to try to get and keep customers in their

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Speaker 1: prime service, which is sort of key to their whole.

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Speaker 4: Monopoly grip on power.

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Speaker 1: Before we get to any of that, though, we are

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Speaker 1: getting mighty close to a million subs on YouTube. Do

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Speaker 1: you have the official count sager for us as of

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Speaker 1: this moment?

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Speaker 2: Stop the count for now?

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Speaker 3: Actually no, it's.

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Speaker 2: I got the live count up in front of me

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Speaker 2: exactly nine to nine one two oh nine subscribers. That's

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Speaker 2: where we're at. So we need to get to a

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Speaker 2: million people.

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Speaker 1: As of eight oh five am on Thursday, June twenty second.

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Speaker 1: And as you guys know, as we mentioned before, Sager

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Speaker 1: is going out of the country very soon. He is

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Speaker 1: doing a wedding ceremony in India for his relatives, my grandparents,

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Speaker 1: and it would be a beautiful send off and wedding

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Speaker 1: present for Sager if we could get to a million

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Speaker 1: subs before he leaves, because it would be kind of awkward.

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Speaker 3: It would be weird if.

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Speaker 1: You were out of the country when we actually hit

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Speaker 1: the milestones.

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Speaker 3: I think it would be sad.

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Speaker 4: Subscribe it'd be great, guys.

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Speaker 2: You can you can have it two ways, guys. We

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Speaker 2: can either do it on Tuesday. I can be here

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Speaker 2: in the studio and I'll have a lot of fun,

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Speaker 2: or I can be jet lagged. It'll be three am

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Speaker 2: in the morning. I'll wake up from a text that's

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Speaker 2: excited from you, guys, but then I won't be back.

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Speaker 1: Until a little bit later, setting down some like delirious

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Speaker 1: tool that's your jet legged stayed.

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Speaker 2: At three am, and it'll be completely misspelled. So anyway, look,

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Speaker 2: it's up to you. You're the ones who will decide

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Speaker 2: our fate. So if you can go ahead and you

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Speaker 2: can hit subscribe, it would deeply appreciate. Get all your friends,

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Speaker 2: your relatives, all of your family. After we hit a million,

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Speaker 2: then we're all good. We have a nice, beautiful gold

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Speaker 2: plaque that we want to go put over there that

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Speaker 2: we've been promised.

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Speaker 3: I've been admiring Kyle's I like the way that it looks.

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Speaker 2: I want to put my hands on it, the tactile

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Speaker 2: feeling and all of that both.

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Speaker 3: Why don't we get to the show?

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Speaker 1: Yes, indeed, so we wanted to start with the very

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Speaker 1: latest on the search for the titan submersible. As you guys,

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Speaker 1: I'm sure no. At this point, five individuals who were

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Speaker 1: basically tourists going down to view the Titanic wreckage, they

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Speaker 1: lost contact with the mothership. We have no idea exactly

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Speaker 1: what happened, and so the very latest we have this

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Speaker 1: morning is search teams deployed remote controlled vehicles deep into

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Speaker 1: the North Atlantic. Experts are saying today is going to

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Speaker 1: be a critical day in the search and rescue mission,

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Speaker 1: as the subs life support supplies are starting to run low.

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Speaker 1: And the reason today is so critical is because when

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Speaker 1: the company lost contact with this submersible, they said they

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Speaker 1: would have, you know, a limited supply of oxygen, and

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Speaker 1: basically today is the day that that oxygen is expected

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Speaker 1: to run out. And when you consider, you know, assuming

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Speaker 1: this thing is still intact, assuming that people are still alive,

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Speaker 1: which I think is a big question.

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Speaker 5: Mark to start with.

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Speaker 1: Even if you located them now, of course, it would

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Speaker 1: take time to bring them back up to the surface.

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Speaker 1: So these are really critical moments. And producer Griffin just

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Speaker 1: tells us that the Coastguard is now saying they expect

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Speaker 1: everyone aboard to be deceased.

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Speaker 2: Well, they say they believe you have been run out

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Speaker 2: of oxygen. Unfortunately that was just breaking this morning. So yeah,

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Speaker 2: it's very sad. There's been a lot nation has truly

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Speaker 2: been captured Crystal by this submersible, and you know, there's

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Speaker 2: actually quite we were thinking, like we cover this, you

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Speaker 2: know outside of just like the I guess tawdry details,

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Speaker 2: I suppose, Yeah, but the truth is is that there's

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Speaker 2: actually a lot to say around regulation, around the way

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Speaker 2: that these companies operate. It also applies to people like

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Speaker 2: Blue Origin, Jeff Bezos, the Virgin Atlantic who you know,

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Speaker 2: you know, to star Starlink or sorry, to a SpaceX's credit.

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Speaker 2: Like they're focusing on NASA and the space program, like

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Speaker 2: Blue Origin, Virgin Atlantic and many of these other services,

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Speaker 2: their entire mission is just shooting rich people out into space.

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Speaker 2: This is effectively the same thing except going deep underground.

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Speaker 2: And well, you know, whenever it comes to these international

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Speaker 2: coveents around submersibles and the way that this technology, you know,

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Speaker 2: that is governed, we've actually learned quite a bit and

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Speaker 2: it's not great unfortunately.

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Speaker 1: I mean, apparently it's basically the wild wild Yes, I mean,

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Speaker 1: the SpaceX thing is is an interesting point because they

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Speaker 1: did just have kind of a catastrophe in terms of,

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Speaker 1: you know, they used a launch pad that wasn't ready

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Speaker 1: in time the way that Elon wanted.

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Speaker 5: It to be, but he went forward with it.

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Speaker 1: There was massive there was clouds of ash and soot

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Speaker 1: and whatever. So I think there's a lot of questions

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Speaker 1: there about some coziness between regulators and between the billionaires

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Speaker 1: and company executives. But to be specific to this one,

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Speaker 1: some of the details that have come out about the

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Speaker 1: way that this submersible was constructed. Are really shocking, and

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Speaker 1: there were a lot of warnings in advance that this

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Speaker 1: was not remotely prepared to go as deep to the

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Speaker 1: depths of the bottom of the ocean where the Titanic

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Speaker 1: is located. So there was a news report I think

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Speaker 1: it was about a year ago where journalists for CBS

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Speaker 1: actually went on one of these trips. And so you

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Speaker 1: get a glimpse inside of this submersible and how it's

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Speaker 1: really cobbled together with low budget, off the shelf components.

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Speaker 1: Just take a look at a little bit of that report.

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Speaker 6: An experimental submersible vessel that has not been approved or

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Speaker 6: certified by any regulatory body and could result in physical injury, disability,

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Speaker 6: emotional trauma, or death.

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Speaker 3: Where do I sign?

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Speaker 7: Oh, take your shoes off, that's customary.

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Speaker 6: Okay, Wow, Inside the sub has about as much room

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Speaker 6: as a minivan.

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Speaker 8: So this is not your grandfather's submersible.

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Speaker 2: We only have one button.

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Speaker 9: That's it.

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Speaker 8: It should be like an elevator, you know, it shouldn't

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Speaker 8: take a lot of skill.

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Speaker 6: The titan is the only five person sub in the

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Speaker 6: world that can reach Titanic depths two point four miles

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Speaker 6: below the scene. It's also the only one with a

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Speaker 6: toilet sort of. And yet I couldn't help noticing how

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Speaker 6: many pieces of this sub seemed improvised.

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Speaker 8: We can use these off the shelf components. I got

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Speaker 8: these from Camper World. We run the whole thing with

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Speaker 8: this game controller.

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Speaker 4: Come on.

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Speaker 1: So the individual that he is interviewing there, that the

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Speaker 1: journalist is interviewing there is the CEO of the company

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Speaker 1: that built the submersible. And I mean, and it's a

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Speaker 1: classic story of human hubris. He thought he didn't need

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Speaker 1: to get this thing classed, He didn't need to get

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Speaker 1: evaluated and actually like certified to the depths that they.

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Speaker 5: Wanted to take.

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Speaker 1: People thought he could cut corners in all these ways

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Speaker 1: and save on costs to make.

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Speaker 4: The trip quote unquote more affordable.

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Speaker 1: I suppose tickets were still two hundred fifty thousand dollars.

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Speaker 1: Why would you want to cut corners on safety when

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Speaker 1: this is such an incredibly dangerous activity, And you know,

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Speaker 1: you get a sense of his thinking also in this

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Speaker 1: same report, Let's take a listen to how he justified

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Speaker 1: some of the decision making.

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Speaker 6: It seems like this submersible has some elements of mcgivory.

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Speaker 4: Jerry rignus.

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Speaker 6: I mean, you're putting construction pipes as ballasts.

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Speaker 7: I don't know if i'd use that description of it,

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Speaker 7: but there's certain things that you want to be buttoned down.

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Speaker 7: So the pressure vessel is not mcgivert at all, because

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Speaker 7: that's where we work with Boeing in NASA and the

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Speaker 7: University of Washington. Everything else can fail, your thrust can go,

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Speaker 7: your lights can go, You're still going to be safe.

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Speaker 2: I'm the king of the surface vessile.

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Speaker 5: There's a limit, you know.

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Speaker 9: At some point safety just is pure waste.

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Speaker 8: I mean, if you just want to be safe, don't

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Speaker 8: get out of bed, don't get in your car, don't

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Speaker 8: do anything.

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Speaker 9: At some point you're going to take some risk.

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Speaker 3: And it really is a risk reward question.

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Speaker 8: I said, I think I can do this just as

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Speaker 8: safely by breaking the rules.

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Speaker 1: I think I could do this just as safely by

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Speaker 1: breaking the rules. And basically the justification, and you know,

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Speaker 1: it's expected that the CEO was also a board and

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Speaker 1: has likely lost his life on this submersible as well,

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Speaker 1: But basically the justification Zager was like, Oh, these regulators

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Speaker 1: they're too slow, we're too innovative.

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Speaker 5: They can't keep up with what we're doing.

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Speaker 1: But it wasn't just the like bureaucratic suits who might

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Speaker 1: have raised some questions here. There was at least one

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Speaker 1: employee who was a whistleblower. There was a slew of

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Speaker 1: experts who unanimously said this is dangerous, this is a

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Speaker 1: terrible idea, but he pushed for it anyway.

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Speaker 2: Yeah, let' put that up there on the screen where

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Speaker 2: you're referencing, which is that twenty eighteen, there was actually

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Speaker 2: a lawsuit, a safety lawsuit, saying that there was a quote,

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Speaker 2: a potential danger to passengers, and ocean Gate, you know,

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Speaker 2: actually vociferously fought back against it because they fired an employee,

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Speaker 2: David Lockridge, after he expressed concern about the safety. They

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Speaker 2: actually sued him saying he had breached his employment contract

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Speaker 2: by disclosing confidential information with the Occupational Safety and Health

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Speaker 2: Administration aka OSHA. What they said is that Lockridge said

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Speaker 2: that he had been wrongfully terminated and his actions were

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Speaker 2: aimed and ensuring the safety of passengers on the submersible

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Speaker 2: called the Titan, which is now currently missing. I mean,

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Speaker 2: my major takeaway throughout this entire thing, Crystal, is that

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Speaker 2: your use of the word Hubris is perfect. There's also

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Speaker 2: a fundamental mismatch in terms of this guy's ideology because

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Speaker 2: the problem is he's trying to drive down costs, and

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Speaker 2: that is actually fine whenever we're talking about normal consumer products,

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Speaker 2: which you are competing with a vast swat to people.

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Speaker 2: The majority of the people who were on this and

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Speaker 2: were customers are extraordinarily wealthy. Bringing costs down from half

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Speaker 2: a mil to two point fifty means nothing to them.

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Speaker 2: They you know, they don't even think twice about spending

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Speaker 2: one million dollars on tickets versus two million dollars versus

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Speaker 2: three million. For them, it's about the experience. If you know,

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Speaker 2: we were talking with our producer, I ironically he could

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Speaker 2: have made it a safer and a more luxurious experience,

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Speaker 2: and he probably would have made the exact same amount

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Speaker 2: of money because the current environment that they look if

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Speaker 2: these people are still alive or were alive, you know,

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Speaker 2: at any point for some time, it was hell on

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Speaker 2: earth down there. I mean, we're talking about the size

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Speaker 2: of what's it been described of the minivan.

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Speaker 5: Which from the pictures that I feel like.

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Speaker 2: That's a very generous minivan that's like a compact suv.

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Speaker 2: I think, if you ask me, it's like one.

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Speaker 4: Of those European minivans.

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Speaker 2: Like this big European minivan. We are also talking about

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Speaker 2: no toilet. We're talking about one guy who had actually

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Speaker 2: written on this side marine had said previously that you

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Speaker 2: have to be able to sit cross legged for ten

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Speaker 2: hours and bear extreme discomfort and listen, I get it,

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Speaker 2: you know. I'm I'm the type of person where if

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Speaker 2: I had this type of money, I would absolutely do

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Speaker 2: something like this. I think the Titanic's cool. I like exploration.

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Speaker 2: I think the IEM. You know, I don't think the

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Speaker 2: idea necessarily is bad. I've seen some people like why

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Speaker 2: would anyone want to do this? Listen, I think it's awesome.

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Speaker 2: And one of the guys on there had done a

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Speaker 2: lot of stuff. But at the same time, you know,

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Speaker 2: as somebody who also has often you know, dreamed or

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Speaker 2: thought about doing things like this, you have to do

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Speaker 2: a tremendous amount of research for safety, and you also

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Speaker 2: have to make sure that you're going with a reputable person.

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Speaker 2: And unfortunately, it really seems like Oceangate the company invested

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Speaker 2: a hell of a lot more in marketing around the

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Speaker 2: titan than it did around the actual safety on this.

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Speaker 2: So it's a good metas story too to look at,

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Speaker 2: you know, you know, sometimes things are too good to

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Speaker 2: be true sometimes. Look, you know, I think a lot

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Speaker 2: of regulation is dumb as annoying. We run a business here.

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Speaker 2: It can be an absolute massive pain. However, we're not

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Speaker 2: taking people down to the bottom of the ocean, and

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Speaker 2: when you are, I do actually think there's quite a

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Speaker 2: few things.

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Speaker 4: Like checking out something to exist boxes.

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Speaker 2: There's a reason only nation states usually are the ones

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Speaker 2: who are capable of doing something like this. And as

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Speaker 2: we are all finding, you know, whenever the titan goes missing,

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Speaker 2: there's what like two craft I believe on planet Earth

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Speaker 2: that are even capable of going to go get them right,

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Speaker 2: one of them is French and the other is part

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Speaker 2: of the US Navy. But then getting them there in

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Speaker 2: time is you know, is such a massive pain.

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Speaker 3: So that was the other they had.

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Speaker 2: Obviously they did not have proper safety and contingency around

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Speaker 2: this around you know, should a massive event like this occur,

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Speaker 2: which again that's what the US Navy actually has, Like

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Speaker 2: they don't just send people down to the bottom of

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Speaker 2: the sea without plans and redundancies that exist this was

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Speaker 2: mcguyverd in the really the worst sense.

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Speaker 1: Yeah, well, and that was one of the red flags

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Speaker 1: that that employee, who was a whistleblower who was fired ensued.

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Speaker 1: That was one of the red flags that he raised.

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Speaker 1: He expressed concern the company planned for the subtual life

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Speaker 1: on an acoustic monitoring system to detect if the hull

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Speaker 1: was breaking down or about to fail. That wouldn't provide

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Speaker 1: much help in an emergency, he claimed, because the acoustic

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Speaker 1: analysis would only alert people about imminent problems milliseconds before

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Speaker 1: an implosion.

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Speaker 4: I mean, of the.

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Speaker 1: Various things that could have gone wrong, you know, they

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Speaker 1: could have had an electrical failure, They could have had

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Speaker 1: a fire on board. They could have gotten caught up

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Speaker 1: in the Titanic wreckage itself and been able to unable

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Speaker 1: to go back up to the surface.

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Speaker 5: They could have gotten caught up in a fishing net.

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Speaker 1: Any number of things could have happened, or the hull

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Speaker 1: in the body of the submersible could have failed, and basically,

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Speaker 1: you know, instant implosion. Frankly, for the sake of the

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Speaker 1: people here, you know, to me, that would be the

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Speaker 1: most the least cruel way to go because at least

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Speaker 1: it's over in an instant. I think part of why

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Speaker 1: people have been so captivated by the story is thinking

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Speaker 1: about being trapped in that thing, counting down the hours

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Speaker 1: until your oxygen out is I mean, that's just like

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Speaker 1: literal nightmare scenario.

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Speaker 5: So it's horrific.

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Speaker 8: You know.

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Speaker 1: The one sign that they had that was giving people

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Speaker 1: some hope is there was some sounds that were detected,

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Speaker 1: some banging sounds that were detected underwater that repeated. You know,

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Speaker 1: a couple on Tuesday, they heard it. I heard it

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Speaker 1: again on Wednesday. The theory was that these would be

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Speaker 1: the kind of noises that maybe if they were banging

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Speaker 1: the ship up against something underneath the water, to help

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Speaker 1: rescuers be able to find them, perhaps that's what was

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Speaker 1: going on. And maybe that is the case, but at

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Speaker 1: this point it's becoming clear they just ran out of time.

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Speaker 1: One other story that came out in the New York

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Speaker 1: Post that was from it's a first hand account from

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Speaker 1: another adventurer who went on a different one of these missions,

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Speaker 1: and he called it a suicide mission because of his experience.

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Speaker 1: He said, this was a Bavarian entrepreneur. He said it

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Speaker 1: was a suicide mission. Back then the first submarine did

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Speaker 1: not work. Then I've at sixteen hundred meters, which is

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Speaker 1: nowhere close to how deep they were.

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Speaker 4: Going for the Titanic had to be abandoned.

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Speaker 1: He explained. They ended up launching five hours late due

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Speaker 1: to electrical issues. He suspects that's he thinks that's what's

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Speaker 1: to blame for the titan cruise issues here. Not only that,

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Speaker 1: but right before the voyage, the bracket of the stabilization

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Speaker 1: tube which balances the sub seems kind of important, tore

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Speaker 1: and had to be reattached.

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Speaker 5: With zip ties.

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Speaker 1: That was the type of operation they were running here,

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Speaker 1: cobbled together, you know, very little, just very little concern

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Speaker 1: for safety. There was a slew of experts who who

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Speaker 1: wrote a letter raising these concerns.

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Speaker 5: But because there was.

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Speaker 1: No regulation and he just decided, the CEO here Stockton

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Speaker 1: Rush just decided to push forward anyway and not get

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Speaker 1: the submersible evaluated, not get it classed. You know, it

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Speaker 1: appears to have ended in complete catastrophe for these individuals

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Speaker 1: who were on board.

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Speaker 2: And just to give everyone an idea of the hubor so,

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Speaker 2: this guy listened to the way he talks about his

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Speaker 2: high airing decisions let's take a listen.

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Speaker 10: When I started business, one of the things you'll find

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Speaker 10: there are other suboperators out there, but they typically have

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Speaker 10: a gentlemen who are ex military sub mariners, and they

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Speaker 10: you'll see a whole bunch of fifty year old white guys.

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Speaker 11: I wanted our team to be younger, to be inspirational,

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Speaker 11: and I'm not going to inspire a sixteen year old

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Speaker 11: to go pursue marine technology, but a twenty five year old,

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Speaker 11: you know, who's a sub pilot or a platform operator

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Speaker 11: or one of our texts can be inspirational.

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Speaker 2: Yeah, Chris, well, why would you want to hire a

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Speaker 2: bunch of people who are experienced on submarines to run

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Speaker 2: your submarine company? I mean, you know who doesn't want

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Speaker 2: somebody just straight out of school with no experience in

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Speaker 2: a highly technical environment a board a vessel which imminent

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Speaker 2: death is always a possibility, and people who have developed

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Speaker 2: redundancies and systems to make sure over the last seventy

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Speaker 2: five years that something like this doesn't ever happen.

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Speaker 1: And I think we know the real reason why he's

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Speaker 1: don't know what he's because he didn't want to pay

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Speaker 1: and because he knew they would cause problems for him,

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Speaker 1: like the one guy who was a whistleblower who was like,

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Speaker 1: what the hell are you thinking here? So he needed young, inexperienced,

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Speaker 1: twenty five year olds who he get frames quote unquote inspirational.

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Speaker 1: But the real reason was he wanted them cheap, and

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Speaker 1: he wanted them easy to manipulate.

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Speaker 4: And you know, yeah, here we.

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Speaker 5: Are listen a sad story.

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Speaker 3: We can hold out hope.

390
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Speaker 2: You know, as the Coastguard says, you can never underestimate

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Speaker 2: the will to live. I'm obsessed with survival stories. This

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Speaker 2: would be one of the all time greats if they

393
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Speaker 2: do walk out of there. That said, all the decks

394
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Speaker 2: stacked against them. We've got the Coast Guard estimated they

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Speaker 2: ran out of oxygen. One of the only ways to

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Speaker 2: be able to extend their oxygen is if they were

397
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Speaker 2: starting to breathe slower, they would actually have to regulate

398
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Speaker 2: their breathing. Yeah. The other reason, you know, a lot

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Speaker 2: of people were thinking about Apollo thirteen for example. Well,

400
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Speaker 2: here's the difference with people on or Apollo thirteen were

401
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Speaker 2: highly trained astronauts who had trained for two years or so.

402
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Speaker 3: Actually more had flight to pilots.

403
00:19:00,680 --> 00:19:05,400
Speaker 2: Who had been through multiple failures were experienced aerospace engineers

404
00:19:05,560 --> 00:19:09,000
Speaker 2: who are capable of you know, maintaining the thought needed

405
00:19:09,080 --> 00:19:12,040
Speaker 2: at that time ex Military and then be able to

406
00:19:12,080 --> 00:19:15,080
Speaker 2: listen and communicate with NASA to finally get themselves back.

407
00:19:15,280 --> 00:19:17,520
Speaker 2: That's the other one that's ruling out of a titan's favor.

408
00:19:17,640 --> 00:19:20,040
Speaker 2: They don't have the ability to communicate and to say

409
00:19:20,040 --> 00:19:22,639
Speaker 2: exactly what is wrong with them. So, like I said,

410
00:19:22,720 --> 00:19:24,880
Speaker 2: the deck is really stacked against from the coast Guard

411
00:19:24,920 --> 00:19:27,399
Speaker 2: currently on estimating that they've run out of oxygen, I'm

412
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Speaker 2: assuming Search and Rescue will maintain operations for the next

413
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Speaker 2: couple of days at the very least.

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Speaker 3: You don't want to necessarily just call it.

415
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Speaker 2: But look, there's a very human story here for us

416
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Speaker 2: to all to learn from. Yeah, sometimes if it's too

417
00:19:39,240 --> 00:19:41,720
Speaker 2: good to be true, or sometimes if it is regulated,

418
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Speaker 2: is for a good reason.

419
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Speaker 3: And sometimes if it sounds too good to be true,

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Speaker 3: it is.

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Speaker 1: If you're putting your life in the hands of an

422
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Speaker 1: individual who you know, whose technical capacity is required, make

423
00:19:52,520 --> 00:19:57,240
Speaker 1: sure they're like the nerdiest, most boring attention to detail person. Ever,

424
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Speaker 1: this guy read like a sort of like charismatic salesperson.

425
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Speaker 1: That's and clearly you know, did not have that attention

426
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Speaker 1: to details.

427
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Speaker 5: So it is a sad and disastrous story.

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Speaker 2: Yeah, all right, let's get to the big geopolitical news

429
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Speaker 2: breaking here in Washington. Let's put this up there on

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Speaker 2: the screen. This one about Beijing planning a new training

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Speaker 2: facility in Cuba, raising the prospect of Chinese troops on

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Speaker 2: America's doorstep. Now, Crystal, it's not like foreign troops on

433
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Speaker 2: Cuban soil has ever caused problems for the United States

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Speaker 2: or a global crisis before. Currently, the Chinese and the

435
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Speaker 2: Cubans are negotiating a joint military training facility. What they

436
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Speaker 2: would establish is a quote advanced stage in terms of

437
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Speaker 2: their negotiations. This is according to leaked US intelligence reports

438
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Speaker 2: that the Biden administration is effectively confirming. Now. The Biden

439
00:20:46,640 --> 00:20:49,560
Speaker 2: administration says they have been contacting the Cubans to forestall

440
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Speaker 2: the deal and are seeking to tap into what they

441
00:20:51,920 --> 00:20:55,200
Speaker 2: think could be Cuban concerns about seating their own sovereignty.

442
00:20:55,280 --> 00:20:59,000
Speaker 2: Beijing is selling the training facility on top of a

443
00:20:59,080 --> 00:21:03,120
Speaker 2: potential ties, you know, that they could deepen with the Cubans.

444
00:21:03,160 --> 00:21:07,679
Speaker 2: It also highlights an interesting theoretical question around diplomacy that

445
00:21:07,720 --> 00:21:08,880
Speaker 2: I've seen raised.

446
00:21:08,880 --> 00:21:11,360
Speaker 3: In terms of the experts around this issue.

447
00:21:11,480 --> 00:21:14,520
Speaker 2: It could be that the Cubans are actually more considering

448
00:21:15,840 --> 00:21:18,040
Speaker 2: this Chinese overture as they did during the times of

449
00:21:18,040 --> 00:21:22,000
Speaker 2: the Soviet Union, because they feel that the US political

450
00:21:22,040 --> 00:21:24,800
Speaker 2: system is so intractable whenever it comes to a Cuban

451
00:21:24,840 --> 00:21:27,600
Speaker 2: embargo and to trade, that this could be a way

452
00:21:27,640 --> 00:21:32,679
Speaker 2: to extend leverage and actually get some better dealings with Washington. Personally,

453
00:21:32,920 --> 00:21:35,520
Speaker 2: I think probably, I think it's probably very entrenched because

454
00:21:35,520 --> 00:21:39,119
Speaker 2: of the way that Florida roles in our politics. That said,

455
00:21:39,480 --> 00:21:43,760
Speaker 2: it does show you though, a complex, possible geopolitical crisis

456
00:21:43,760 --> 00:21:46,639
Speaker 2: that could be ignited over this troops itself is not

457
00:21:46,680 --> 00:21:48,480
Speaker 2: going to cause you know, the same thing as the

458
00:21:48,560 --> 00:21:51,000
Speaker 2: Cuban missile crisis of course that was around missiles.

459
00:21:51,359 --> 00:21:53,080
Speaker 3: That said, you know, it's something that.

460
00:21:53,160 --> 00:21:57,920
Speaker 2: We are probably right to be concerned about, and also

461
00:21:58,600 --> 00:22:02,080
Speaker 2: just highlights like what ratcheting up tensions with China is

462
00:22:02,119 --> 00:22:05,520
Speaker 2: going to look like in our hemisphere, and that this

463
00:22:05,640 --> 00:22:08,640
Speaker 2: is really like the jump off point for something like that.

464
00:22:08,720 --> 00:22:11,520
Speaker 1: Well with regard to you know, potentially Cuba using this

465
00:22:11,600 --> 00:22:15,560
Speaker 1: as leverage to gain better status or reduce sanctions or whatever.

466
00:22:15,840 --> 00:22:18,760
Speaker 1: With regard to the Cubans using this as potential leverage.

467
00:22:18,880 --> 00:22:20,600
Speaker 1: Ryan has been making a good point, which is that

468
00:22:20,720 --> 00:22:22,280
Speaker 1: you know, Floria's not a swing state anymore.

469
00:22:22,440 --> 00:22:23,400
Speaker 4: Florida's a red state.

470
00:22:23,920 --> 00:22:26,359
Speaker 1: And so the reason why you know, we have all

471
00:22:26,400 --> 00:22:29,199
Speaker 1: these corn subsidies is because Iowa and the role it

472
00:22:29,240 --> 00:22:31,640
Speaker 1: plays in the primary process. The reason that we have

473
00:22:31,720 --> 00:22:34,439
Speaker 1: the relations we do with che Cuba is because of

474
00:22:34,480 --> 00:22:38,520
Speaker 1: trying to appease the large and significant Cuban vote in Florida.

475
00:22:39,200 --> 00:22:42,440
Speaker 1: Democrats don't really have to care about that anymore because

476
00:22:42,480 --> 00:22:44,159
Speaker 1: there's no sign that they're going to be winning the

477
00:22:44,160 --> 00:22:46,520
Speaker 1: state back anytime soon. I mean, that goes with regards

478
00:22:46,520 --> 00:22:49,840
Speaker 1: to Cuba, goes with regard to Venezuela too, So in

479
00:22:49,920 --> 00:22:53,840
Speaker 1: terms of the political calculations around this, that has really shifted.

480
00:22:54,240 --> 00:22:56,480
Speaker 1: That's number one, number two, you know, I just think

481
00:22:56,520 --> 00:22:59,040
Speaker 1: it's always important to keep in mind where these reports

482
00:22:59,080 --> 00:23:02,639
Speaker 1: are coming from. This is clearly a leak by uh So.

483
00:23:02,880 --> 00:23:05,159
Speaker 1: There's kind of a divide within the Biden administration between

484
00:23:05,280 --> 00:23:07,439
Speaker 1: people who are more hawkish towards China and people who

485
00:23:07,480 --> 00:23:09,840
Speaker 1: want more engagement, more diplomacy of the type that was

486
00:23:09,920 --> 00:23:14,000
Speaker 1: you know, on display with Tony Blincoln traveling to China recently,

487
00:23:14,520 --> 00:23:16,840
Speaker 1: and this appears to be a leak from the more

488
00:23:16,840 --> 00:23:20,359
Speaker 1: hawkish quarters to try to secure their policy ends and goals.

489
00:23:20,359 --> 00:23:22,720
Speaker 1: So keep that in mind with this as well. But

490
00:23:22,800 --> 00:23:24,880
Speaker 1: the other thing Sagur I think is important to point

491
00:23:24,880 --> 00:23:27,920
Speaker 1: out here is, you know, when it's US in our

492
00:23:27,960 --> 00:23:31,000
Speaker 1: country and you have you know, the possibility of troops

493
00:23:31,000 --> 00:23:34,640
Speaker 1: from China on nearby soil in Cuba, we understand very

494
00:23:34,800 --> 00:23:36,840
Speaker 1: clearly how the empire is going to react and how

495
00:23:36,880 --> 00:23:37,640
Speaker 1: the country is going to.

496
00:23:37,560 --> 00:23:39,880
Speaker 5: Feel about that, et cetera. There seems to.

497
00:23:39,840 --> 00:23:43,480
Speaker 1: Be a blind spot with regards to our own operations

498
00:23:43,520 --> 00:23:45,639
Speaker 1: around the world and how, for example, that may have

499
00:23:45,680 --> 00:23:49,520
Speaker 1: appeared to Russia and raised similar sensitivities. Now I will

500
00:23:49,920 --> 00:23:52,679
Speaker 1: say for the million time Russia's invasion of Ukraine was

501
00:23:52,680 --> 00:23:53,440
Speaker 1: illegal and.

502
00:23:53,359 --> 00:23:55,000
Speaker 4: Wrong and no one is justifying it.

503
00:23:55,400 --> 00:23:57,320
Speaker 1: But you know, when you have it close to home,

504
00:23:57,400 --> 00:23:59,280
Speaker 1: suddenly it's like, oh, this is a problem. We see

505
00:23:59,280 --> 00:24:02,080
Speaker 1: how this is an issue, but we have far more

506
00:24:02,480 --> 00:24:04,680
Speaker 1: I mean, think of this. So this was actually from

507
00:24:04,680 --> 00:24:07,040
Speaker 1: the Wall Street Journal piece. They said, listen, the way

508
00:24:07,119 --> 00:24:11,080
Speaker 1: China views this is they look at Taiwan. We have

509
00:24:11,200 --> 00:24:13,320
Speaker 1: the US deploying more than a hundred troops to Taiwan

510
00:24:13,359 --> 00:24:15,040
Speaker 1: to train their defense forces.

511
00:24:15,119 --> 00:24:16,240
Speaker 5: We heavily arm and.

512
00:24:16,160 --> 00:24:19,480
Speaker 1: Train that self governing island sits right off of mainland China.

513
00:24:19,520 --> 00:24:22,920
Speaker 1: Beijing sees it as its own. That's about the same

514
00:24:23,000 --> 00:24:25,920
Speaker 1: distance that Cuba is from Florida. Also, they point out,

515
00:24:26,000 --> 00:24:28,720
Speaker 1: China has no combat forces in Latin America. Meanwhile, the

516
00:24:28,800 --> 00:24:31,240
Speaker 1: US has dozens of military bases throughout the Pacific, where

517
00:24:31,240 --> 00:24:33,160
Speaker 1: its station's more than three hundred and fifty thousand troops.

518
00:24:33,200 --> 00:24:35,800
Speaker 1: Chinese officials appointed this count when they push back on

519
00:24:35,840 --> 00:24:39,159
Speaker 1: American efforts to counter their military expansion outside of the

520
00:24:39,160 --> 00:24:41,480
Speaker 1: Indo Pacific. So I just want to put out there,

521
00:24:41,960 --> 00:24:44,320
Speaker 1: take yourself out of the American context, and think of

522
00:24:44,359 --> 00:24:47,440
Speaker 1: how China views our actions, think of how Russia views

523
00:24:47,440 --> 00:24:50,080
Speaker 1: our actions, and I feel like we can garner some

524
00:24:50,119 --> 00:24:53,880
Speaker 1: more potential like understanding of the way they may view

525
00:24:53,880 --> 00:24:56,200
Speaker 1: what we're doing from this particular propace.

526
00:24:56,240 --> 00:24:58,720
Speaker 2: Actually, it's an important point specifically with what you said

527
00:24:58,800 --> 00:25:01,320
Speaker 2: visa v Russia will say. You know, sometimes I get

528
00:25:01,400 --> 00:25:03,480
Speaker 2: very annoyed whenever they're like, well, you have troops in Japan.

529
00:25:03,520 --> 00:25:05,760
Speaker 2: I'm like, yeah, the Japanese want us there. They literally

530
00:25:05,760 --> 00:25:07,479
Speaker 2: are the ones who are asking us to stay. And

531
00:25:07,600 --> 00:25:09,080
Speaker 2: you know, for all the people who are gonna try

532
00:25:09,160 --> 00:25:12,080
Speaker 2: to Okinawa in my face, that's not the only one

533
00:25:12,119 --> 00:25:14,600
Speaker 2: that I'm talking about. Same with the South Korean. So

534
00:25:14,640 --> 00:25:17,640
Speaker 2: it's not like these aren't deep and entrenched allied governments.

535
00:25:17,960 --> 00:25:21,560
Speaker 2: So fort so the Cuban Cuban, but no, no, no, And

536
00:25:21,600 --> 00:25:23,520
Speaker 2: I think that is why it is an important point.

537
00:25:23,560 --> 00:25:27,520
Speaker 2: And actually this is very specifically, most likely in response

538
00:25:27,600 --> 00:25:30,160
Speaker 2: to the special military advisors which were sent to Taiwan

539
00:25:30,280 --> 00:25:33,680
Speaker 2: after the Ukraine invasion. I also would say that one

540
00:25:33,680 --> 00:25:35,920
Speaker 2: of the things that I have always tried to say

541
00:25:35,960 --> 00:25:39,800
Speaker 2: here is with regard to a to Ukraine, whenever it

542
00:25:39,880 --> 00:25:41,920
Speaker 2: comes to the way that we are sapping so much

543
00:25:41,920 --> 00:25:45,520
Speaker 2: of our military strength and so much of our geopolitical attention.

544
00:25:45,960 --> 00:25:47,560
Speaker 2: I just saw this morning, you sent it to me

545
00:25:48,000 --> 00:25:51,720
Speaker 2: the Financial Times reporting Jake Sullivan is traveling to somewhat

546
00:25:51,880 --> 00:25:54,680
Speaker 2: Denmark or some thing like that in order to try

547
00:25:54,720 --> 00:25:57,480
Speaker 2: and pressure brazil, Indian and Brazilian officials who are also

548
00:25:57,480 --> 00:26:00,320
Speaker 2: traveling there. The full force of the US government now

549
00:26:00,400 --> 00:26:04,080
Speaker 2: is focused almost entirely on Ukraine and on Russia, two

550
00:26:04,160 --> 00:26:07,679
Speaker 2: countries which their GDP combined don't even make up a

551
00:26:07,720 --> 00:26:11,399
Speaker 2: single Chinese province. So we have to focus all of

552
00:26:11,440 --> 00:26:15,520
Speaker 2: our energy specifically on this issue, on navigating and going

553
00:26:15,560 --> 00:26:17,520
Speaker 2: through this so that we don't end up in a

554
00:26:17,560 --> 00:26:21,760
Speaker 2: catastrophic situation. And unfortunately we are obviously being stretched thin.

555
00:26:21,840 --> 00:26:23,879
Speaker 2: And this is just even more evidence that what was

556
00:26:23,920 --> 00:26:27,040
Speaker 2: going on in Ukraine is distracting us from any potential

557
00:26:27,119 --> 00:26:29,600
Speaker 2: even attention at the way that we should be paying,

558
00:26:30,200 --> 00:26:33,240
Speaker 2: which we be paying towards China. Second, you can see

559
00:26:33,240 --> 00:26:36,639
Speaker 2: here Secretary blink and seems a bit blindsided by the issue.

560
00:26:36,680 --> 00:26:39,840
Speaker 2: Is specifically after he left Beijing for his visit.

561
00:26:40,000 --> 00:26:41,000
Speaker 3: Here's what he had to say.

562
00:26:41,200 --> 00:26:41,960
Speaker 12: Made very clear that.

563
00:26:41,880 --> 00:26:47,800
Speaker 13: We would have deep concerns about PRC intelligence or military activities.

564
00:26:48,640 --> 00:26:51,360
Speaker 9: Both countries see.

565
00:26:51,160 --> 00:26:55,720
Speaker 12: The importance of trying to bring more stability to the relationship.

566
00:26:55,840 --> 00:26:58,639
Speaker 2: So he says, both the countries see more stability to

567
00:26:58,680 --> 00:27:00,679
Speaker 2: the relationship, I mean the Chinese and stupid they know

568
00:27:00,720 --> 00:27:03,119
Speaker 2: exactly whether this will provoke here in the United States,

569
00:27:03,200 --> 00:27:06,360
Speaker 2: and they are also trying to get their own policy concession.

570
00:27:06,440 --> 00:27:09,119
Speaker 2: So we're stretched very thin all over the world, and

571
00:27:09,160 --> 00:27:11,040
Speaker 2: it's a problem. The other problem, you know that we

572
00:27:11,040 --> 00:27:13,760
Speaker 2: have Crystal is a doddering president who seems to just

573
00:27:13,800 --> 00:27:16,800
Speaker 2: say whatever is at the top of his mind. Now, look,

574
00:27:16,840 --> 00:27:18,880
Speaker 2: I'm not saying that what he said isn't true, which

575
00:27:18,880 --> 00:27:21,520
Speaker 2: is obvious. Put this up there on the screen. China

576
00:27:21,720 --> 00:27:25,040
Speaker 2: is freaking out after Joe Biden called Chi Shingping quote

577
00:27:25,040 --> 00:27:28,800
Speaker 2: a dictator. They say that the president's quote absurd comments

578
00:27:28,800 --> 00:27:32,480
Speaker 2: threatened to undermine efforts to improve Sino US relations. It

579
00:27:32,560 --> 00:27:37,320
Speaker 2: actually happened at a campaign fundraiser on Tuesday, at the

580
00:27:37,480 --> 00:27:40,960
Speaker 2: very moment, so before a bunch of rich donors, at

581
00:27:41,000 --> 00:27:43,359
Speaker 2: the very moment that his own secretary of State is

582
00:27:43,480 --> 00:27:46,960
Speaker 2: in China says, quote, what a great embarrassment for dictators

583
00:27:47,000 --> 00:27:49,160
Speaker 2: when they didn't know what was happening. He was talking

584
00:27:49,200 --> 00:27:52,720
Speaker 2: at a private home in California. After the comments were leaked,

585
00:27:52,760 --> 00:27:57,520
Speaker 2: the Chinese Foreign Ministry said that they were quote extremely absurd, irresponsible,

586
00:27:57,880 --> 00:28:03,600
Speaker 2: seriously violate basic fact, diplomatic protocols, and China's political dignity.

587
00:28:03,960 --> 00:28:08,560
Speaker 2: Now listen, obviously, Shishinping is a dictator, Okay, but this

588
00:28:08,680 --> 00:28:10,800
Speaker 2: kind of gets back or Putin is a war criminal.

589
00:28:10,800 --> 00:28:12,119
Speaker 3: We've gotten this before.

590
00:28:12,440 --> 00:28:14,040
Speaker 2: The thing is that when you're the president of the

591
00:28:14,119 --> 00:28:19,200
Speaker 2: United States. Your comments should be calibrated to actual policy.

592
00:28:19,520 --> 00:28:23,359
Speaker 2: Just talking off the cuff, you know, without any plan specifically,

593
00:28:23,359 --> 00:28:25,359
Speaker 2: when your Secretary of State is in the core, at

594
00:28:25,440 --> 00:28:28,480
Speaker 2: least in the airspace of the country, you just look

595
00:28:28,560 --> 00:28:30,439
Speaker 2: like a fool. And you know, it's like, what is

596
00:28:30,480 --> 00:28:33,560
Speaker 2: your policy here? What are we actually talking about? This

597
00:28:33,600 --> 00:28:35,440
Speaker 2: is the thing I can't stand with the Biden administration.

598
00:28:35,560 --> 00:28:37,800
Speaker 2: President Biden's like, yeah, we're going to defend Taiwan. I'm like,

599
00:28:37,840 --> 00:28:39,800
Speaker 2: do you understand where you're saying? Like you do you

600
00:28:39,800 --> 00:28:42,400
Speaker 2: actually understand what you're saying? Look at our the deployment

601
00:28:42,440 --> 00:28:45,200
Speaker 2: of our military resource. So that was just reading two

602
00:28:45,240 --> 00:28:48,080
Speaker 2: days ago. The CEO of Raytheon says, listen, we're never

603
00:28:48,080 --> 00:28:49,479
Speaker 2: going to be able to get our supply chains out

604
00:28:49,480 --> 00:28:51,200
Speaker 2: of China. So you're like, wait, hold on a sex,

605
00:28:51,240 --> 00:28:53,000
Speaker 2: So if we go to war with China, then you're

606
00:28:53,000 --> 00:28:55,000
Speaker 2: saying that you actually can't produce any weapons here in

607
00:28:55,080 --> 00:28:58,080
Speaker 2: the United States. Are we understanding this? So what is

608
00:28:58,120 --> 00:29:00,680
Speaker 2: the policy? And then the President of Secretary State on

609
00:29:00,840 --> 00:29:03,760
Speaker 2: Chinese soil says, we don't support Taiwan independence. That's not

610
00:29:03,800 --> 00:29:05,920
Speaker 2: a policy change per se, but it's a rhetorical gift

611
00:29:06,200 --> 00:29:06,880
Speaker 2: to the Chinese.

612
00:29:06,920 --> 00:29:08,880
Speaker 3: But then Biden is like, oh, but he's a dictator.

613
00:29:08,880 --> 00:29:13,640
Speaker 2: It's like, what are we doing completely yeah, yeah, It's like, look,

614
00:29:13,760 --> 00:29:15,760
Speaker 2: if we want to take a hotk ash approach, that's fine.

615
00:29:15,960 --> 00:29:18,520
Speaker 2: Let's let then let's debate that, let's actually plan for it.

616
00:29:18,680 --> 00:29:21,280
Speaker 2: Let's have a whole of government approach towards it. That

617
00:29:21,360 --> 00:29:25,120
Speaker 2: may be serious. But this like what seesaw come back

618
00:29:25,160 --> 00:29:27,280
Speaker 2: and forth, like i want to appear tough on my

619
00:29:27,360 --> 00:29:29,480
Speaker 2: own soil, but I'm also going to try and get

620
00:29:29,480 --> 00:29:32,360
Speaker 2: climate concessions or whatever crap that the bid people like

621
00:29:32,440 --> 00:29:35,840
Speaker 2: John Carey want to get out of them. It's incoherent

622
00:29:35,960 --> 00:29:41,040
Speaker 2: and actually it creates uncertainty such that the Chinese themselves.

623
00:29:41,760 --> 00:29:43,600
Speaker 2: We've talked about this in our last show. There are

624
00:29:43,680 --> 00:29:47,280
Speaker 2: many different factions in the Chinese government. One faction Mashishingping,

625
00:29:47,480 --> 00:29:49,360
Speaker 2: mostly a part of them thinks that the US wants

626
00:29:49,360 --> 00:29:51,600
Speaker 2: to destroy their entire country and they want they think

627
00:29:51,640 --> 00:29:52,520
Speaker 2: it's existential and.

628
00:29:52,520 --> 00:29:53,360
Speaker 3: They want to fight back.

629
00:29:53,480 --> 00:29:56,400
Speaker 2: Accordingly, things like this only give them more fuel than

630
00:29:56,440 --> 00:29:59,200
Speaker 2: the diplomatic side, which Blinken was just engaging with while

631
00:29:59,200 --> 00:30:01,080
Speaker 2: he was over there. They're like, no, see we can

632
00:30:01,120 --> 00:30:02,800
Speaker 2: work with them, we can avoid this. Let's just all

633
00:30:02,880 --> 00:30:04,520
Speaker 2: you know, we're all making a lot of money. Let's

634
00:30:04,560 --> 00:30:07,080
Speaker 2: just keep it that way. And so we are sending

635
00:30:07,160 --> 00:30:09,000
Speaker 2: so many mixed signals that they have no idea what

636
00:30:09,040 --> 00:30:11,280
Speaker 2: the actual policy of government is, and each side can

637
00:30:11,320 --> 00:30:14,800
Speaker 2: basically point to whatever else is going on as incoherence,

638
00:30:14,840 --> 00:30:18,280
Speaker 2: and that causes a lot of uncertainty and damage potentially

639
00:30:18,360 --> 00:30:18,880
Speaker 2: in the future.

640
00:30:18,960 --> 00:30:20,320
Speaker 5: Yeah, that's exactly right.

641
00:30:20,440 --> 00:30:24,280
Speaker 1: And you know, if you are Chinese officials looking at

642
00:30:24,320 --> 00:30:27,680
Speaker 1: the statements of Lincoln on the same day basically as

643
00:30:27,720 --> 00:30:31,080
Speaker 1: these statements from Biden, you know, they don't know if

644
00:30:31,080 --> 00:30:33,440
Speaker 1: this is just a gaff and a bumble and him

645
00:30:33,600 --> 00:30:36,560
Speaker 1: like just having verbal diarrhea. They don't know if this

646
00:30:36,640 --> 00:30:41,280
Speaker 1: is an intentional statement of provocation to directly undermine the

647
00:30:41,280 --> 00:30:43,960
Speaker 1: comments that were made, you know, publicly by Blincoln.

648
00:30:44,240 --> 00:30:44,760
Speaker 4: They don't know.

649
00:30:44,960 --> 00:30:45,480
Speaker 5: Neither do we.

650
00:30:45,600 --> 00:30:48,120
Speaker 1: By the way, we don't know either. We don't know

651
00:30:48,160 --> 00:30:50,800
Speaker 1: what the official policy is, what the official view is.

652
00:30:50,880 --> 00:30:53,200
Speaker 1: I continue to the reporting suggests there's a real tug

653
00:30:53,240 --> 00:30:56,360
Speaker 1: of war within the administration, and you have Biden now

654
00:30:56,840 --> 00:31:01,640
Speaker 1: multiple times undermining what seems to be the more carefully

655
00:31:01,800 --> 00:31:06,160
Speaker 1: crafted strategic tactical direction of the State Department as headed

656
00:31:06,160 --> 00:31:09,400
Speaker 1: by Tony Blincoln, and he'll just go off and you know,

657
00:31:09,560 --> 00:31:11,920
Speaker 1: shoot off at the mouth whatever he feels like saying

658
00:31:11,960 --> 00:31:15,760
Speaker 1: in this very you know, in this very improvement is

659
00:31:15,880 --> 00:31:16,960
Speaker 1: very I was thinking.

660
00:31:16,720 --> 00:31:17,400
Speaker 4: The same thing.

661
00:31:17,440 --> 00:31:19,480
Speaker 1: And you know that was something that we said before

662
00:31:19,520 --> 00:31:22,760
Speaker 1: Biden even came into office, that actually Trump and Biden

663
00:31:22,880 --> 00:31:26,720
Speaker 1: on foreign policy they have some similarities because there's no.

664
00:31:26,800 --> 00:31:28,160
Speaker 5: Real overarching view.

665
00:31:28,640 --> 00:31:32,680
Speaker 1: It's all about how they feel and their personal relationship

666
00:31:32,760 --> 00:31:37,240
Speaker 1: with this or that leader and their like narcissistic belief

667
00:31:37,360 --> 00:31:40,360
Speaker 1: in their own ability to navigate and like cut a deal,

668
00:31:40,480 --> 00:31:45,120
Speaker 1: et cetera. And so it is a very Trumpian feeling moment.

669
00:31:45,480 --> 00:31:48,240
Speaker 1: And that is just like the grotesque nature of when

670
00:31:48,280 --> 00:31:51,880
Speaker 1: he gives his most unvarnished views is behind closed doors

671
00:31:52,320 --> 00:31:55,320
Speaker 1: with a bunch of like the super rich funding the

672
00:31:55,320 --> 00:31:58,880
Speaker 1: Democratic Party. That is grotesque as well. But you see

673
00:31:58,880 --> 00:32:01,680
Speaker 1: from this why it is that his aids keep him

674
00:32:01,760 --> 00:32:05,680
Speaker 1: under wrap. It's not only because they're worried about political

675
00:32:05,760 --> 00:32:08,840
Speaker 1: damage and the country really being able to assess the

676
00:32:09,080 --> 00:32:14,400
Speaker 1: nature and extent of his potential mental decline, but also because.

677
00:32:14,120 --> 00:32:15,600
Speaker 5: I'm worried about stuff like this.

678
00:32:15,600 --> 00:32:20,080
Speaker 1: With massive global implications for our nation and for foreign affairs.

679
00:32:20,120 --> 00:32:22,320
Speaker 2: It reminds me of President Biden when he said that

680
00:32:22,360 --> 00:32:25,920
Speaker 2: the prospect of armageddon is the highest since Cuban missile crisis,

681
00:32:25,960 --> 00:32:29,680
Speaker 2: which he said to whom rich Democratic donors in New

682
00:32:29,760 --> 00:32:31,800
Speaker 2: York City outside, And I remember, I.

683
00:32:31,760 --> 00:32:32,840
Speaker 3: Think I tweeted this at the time.

684
00:32:32,880 --> 00:32:35,520
Speaker 2: I said, if the President of the United States believes

685
00:32:35,640 --> 00:32:37,680
Speaker 2: that the risk of nuclear war is higher than the

686
00:32:37,760 --> 00:32:43,560
Speaker 2: Quban missile crisis, we need an Oval Office address now, yesterday, immediately.

687
00:32:43,640 --> 00:32:46,520
Speaker 2: You need to lay out your policy in Ukraine how

688
00:32:46,600 --> 00:32:48,840
Speaker 2: you are going to get this away. But no, they're

689
00:32:48,880 --> 00:32:52,080
Speaker 2: not doing that. They know behind closed doors. So I

690
00:32:52,120 --> 00:32:54,400
Speaker 2: read an interview once with President Obama. I am I'm

691
00:32:54,480 --> 00:32:56,480
Speaker 2: no fan of Obama. A lot of people here know that,

692
00:32:56,520 --> 00:32:58,800
Speaker 2: but I did respect that he understood the gravity of

693
00:32:58,880 --> 00:33:01,720
Speaker 2: his words, and he said, every time I open my mouth,

694
00:33:01,800 --> 00:33:04,760
Speaker 2: I have to understand that what I say has implications

695
00:33:04,800 --> 00:33:07,560
Speaker 2: around the world, to the stock market, to you know,

696
00:33:08,480 --> 00:33:11,480
Speaker 2: normal everyday people, to my opponents and to my supporters.

697
00:33:11,560 --> 00:33:14,680
Speaker 2: And thus I always think before I open my mouth.

698
00:33:14,920 --> 00:33:17,959
Speaker 2: That's not something that we got from Trump. Obviously, some

699
00:33:17,960 --> 00:33:20,960
Speaker 2: people find that refreshing, and in a you know, political context.

700
00:33:21,160 --> 00:33:23,360
Speaker 2: I can understand that, but we still have to understand

701
00:33:23,360 --> 00:33:25,880
Speaker 2: the gravity of the office that these people hold. So

702
00:33:26,080 --> 00:33:28,760
Speaker 2: just like the war criminal comment with Putin, I'm like,

703
00:33:28,800 --> 00:33:30,760
Speaker 2: what are you saying, man, Are you saying you will

704
00:33:30,800 --> 00:33:33,800
Speaker 2: never have normal relations with Russia again? Because that's pretty crazy.

705
00:33:33,840 --> 00:33:35,720
Speaker 2: You need to understand what we're saying Here's right, you know,

706
00:33:35,840 --> 00:33:37,760
Speaker 2: same here with China. I'm like, well, okay, you can

707
00:33:37,800 --> 00:33:39,640
Speaker 2: say that, you can piss them off, and we can

708
00:33:39,680 --> 00:33:43,760
Speaker 2: all get into a pissing contest. But what about like trade?

709
00:33:43,960 --> 00:33:44,479
Speaker 2: What are we here?

710
00:33:44,640 --> 00:33:45,400
Speaker 5: Do we go from here?

711
00:33:45,440 --> 00:33:48,840
Speaker 2: What are our bilateral relations around economics? Because last I checked,

712
00:33:48,840 --> 00:33:51,160
Speaker 2: we're actually importing more from China than at any time

713
00:33:51,480 --> 00:33:54,800
Speaker 2: ever before. So is that the policy? Are we decoupling?

714
00:33:54,840 --> 00:33:57,120
Speaker 2: Are we de risking? Like you know, all of these

715
00:33:57,160 --> 00:34:00,880
Speaker 2: nonsense terms that just get thrown out and the lack

716
00:34:00,920 --> 00:34:04,920
Speaker 2: of seriousness it will leave us tremendously vulnerable. It's not

717
00:34:05,000 --> 00:34:08,440
Speaker 2: a joke because the incoherence opens up, you know, as

718
00:34:08,480 --> 00:34:10,799
Speaker 2: I said, the danger that the Chinese can take any

719
00:34:10,840 --> 00:34:13,520
Speaker 2: action and think that it's justified. You know, we learned

720
00:34:13,560 --> 00:34:17,680
Speaker 2: this also during the Pelosi Taiwan visit. The Chinese were like,

721
00:34:17,719 --> 00:34:20,880
Speaker 2: we don't understand how she can just go and defy you.

722
00:34:20,920 --> 00:34:22,879
Speaker 2: They're like, we don't believe you, right, like we think

723
00:34:22,880 --> 00:34:25,200
Speaker 2: that you're sending her. He's like, He's like, we're separate,

724
00:34:25,280 --> 00:34:26,960
Speaker 2: you know, And they're like, yeah, we just don't buy it.

725
00:34:27,000 --> 00:34:29,840
Speaker 4: I don't really buy it either, to be yeah, buy it.

726
00:34:29,880 --> 00:34:33,040
Speaker 2: But I'm saying like they have no understanding of separate

727
00:34:33,120 --> 00:34:35,920
Speaker 2: but equal branches of government, like literally at all. So

728
00:34:36,280 --> 00:34:38,719
Speaker 2: you always have to think, like, what about the eye

729
00:34:38,719 --> 00:34:39,320
Speaker 2: of the beholder?

730
00:34:39,440 --> 00:34:40,360
Speaker 3: What does that look like?

731
00:34:40,440 --> 00:34:43,080
Speaker 2: What are the consequences because and are we willing to

732
00:34:43,120 --> 00:34:43,640
Speaker 2: pay them?

733
00:34:43,760 --> 00:34:45,160
Speaker 3: These are all very very.

734
00:34:45,080 --> 00:34:47,600
Speaker 1: Important well, and lastly, adding to the goal of what

735
00:34:47,760 --> 00:34:51,000
Speaker 1: is revealed to wealthy donors versus what is revealed to

736
00:34:51,000 --> 00:34:53,680
Speaker 1: the American people, we also got at least his most

737
00:34:53,680 --> 00:34:58,200
Speaker 1: extensive comments about the intelligence around the whole spy balloon situation.

738
00:34:58,520 --> 00:35:00,640
Speaker 1: That was the context in which he was taught talking about,

739
00:35:00,880 --> 00:35:04,480
Speaker 1: where he described she is a dictator. He said that

740
00:35:04,480 --> 00:35:07,600
Speaker 1: that's what's a great embarrassment for dictators when they didn't

741
00:35:07,719 --> 00:35:11,440
Speaker 1: know what happened, claiming that she had no idea what

742
00:35:11,600 --> 00:35:16,279
Speaker 1: was going on with this balloon, and so he said

743
00:35:16,320 --> 00:35:17,680
Speaker 1: the balloon was blown.

744
00:35:17,400 --> 00:35:19,800
Speaker 5: Off course up through Alaska down through the US.

745
00:35:19,880 --> 00:35:21,919
Speaker 1: He didn't know about it when it got shot down.

746
00:35:21,960 --> 00:35:25,360
Speaker 1: He was very embarrassed. He denied it was even there.

747
00:35:25,440 --> 00:35:28,239
Speaker 1: So those are also the most extensive comments we've gotten about,

748
00:35:28,320 --> 00:35:32,560
Speaker 1: at least his interpretation of the intelligence report. So again,

749
00:35:33,120 --> 00:35:35,200
Speaker 1: you know, listen, I don't want to beat a dead

750
00:35:35,239 --> 00:35:37,720
Speaker 1: horse here, but this is why you need to have debates.

751
00:35:37,760 --> 00:35:39,279
Speaker 5: This is why you need to have you.

752
00:35:39,239 --> 00:35:42,000
Speaker 1: Know, a president and other politicians who are willing to

753
00:35:42,000 --> 00:35:45,680
Speaker 1: sit for real interviews with real journalists and field hard

754
00:35:45,760 --> 00:35:48,960
Speaker 1: hitting questions and you know, do press conferences and all

755
00:35:49,040 --> 00:35:49,560
Speaker 1: of those.

756
00:35:49,400 --> 00:35:52,360
Speaker 4: Things, because American people deserve to hear these.

757
00:35:52,200 --> 00:35:54,000
Speaker 1: Things from the president and not have to get a

758
00:35:54,120 --> 00:35:58,720
Speaker 1: secondhand from a fundraiser. They deserve to see pushback on Okay,

759
00:35:58,920 --> 00:36:01,360
Speaker 1: what is if saying this and you're saying that, like,

760
00:36:01,480 --> 00:36:03,600
Speaker 1: what is the actual policy? And where do we go

761
00:36:03,640 --> 00:36:06,640
Speaker 1: from here? And increasingly it's not just Biden, it's Trump too.

762
00:36:06,719 --> 00:36:09,920
Speaker 1: It's basically you know a lot of modern politicians who

763
00:36:09,960 --> 00:36:11,880
Speaker 1: feel like we don't have to do that anymore. We

764
00:36:11,880 --> 00:36:14,319
Speaker 1: can just communicate through social media, we can just go

765
00:36:14,400 --> 00:36:17,240
Speaker 1: on friendly channels. Why would we want to subject ourselves

766
00:36:17,320 --> 00:36:19,160
Speaker 1: to the rigors of a debate or the riggers of

767
00:36:19,200 --> 00:36:23,600
Speaker 1: a difficult political interview, as Trump subjected himself to that

768
00:36:23,640 --> 00:36:26,160
Speaker 1: this week with Threadbare, when I could just go on

769
00:36:26,239 --> 00:36:29,960
Speaker 1: and get softballs from you know, some like twenty year

770
00:36:30,000 --> 00:36:31,040
Speaker 1: old TikToker or whatever.

771
00:36:31,239 --> 00:36:31,680
Speaker 3: Pathetic.

772
00:36:31,760 --> 00:36:34,440
Speaker 1: Yeah, indeed, all right, let's break down what's going on

773
00:36:34,520 --> 00:36:38,959
Speaker 1: with Supreme Court Justice Alito. So there was news from

774
00:36:39,000 --> 00:36:42,759
Speaker 1: Pro Publica. Let's start with here about some potential, very

775
00:36:42,880 --> 00:36:46,400
Speaker 1: questionable ethics decisions on the part of Aledo. This really

776
00:36:46,520 --> 00:36:49,040
Speaker 1: rhymes with some of the reporting they did also about

777
00:36:49,160 --> 00:36:53,759
Speaker 1: Justice Thomas accepting gifts and luxury travel from Harlan Crow

778
00:36:53,920 --> 00:36:56,920
Speaker 1: billionaire who's also a major political donor. Put this up

779
00:36:56,920 --> 00:36:59,160
Speaker 1: on the screen from Pro Publica to show their report.

780
00:36:59,400 --> 00:37:02,320
Speaker 1: The headline year is Justice Samuel Alito took a luxury

781
00:37:02,360 --> 00:37:06,520
Speaker 1: fishing vacation with GOP billionaire who later had cases before

782
00:37:06,680 --> 00:37:07,320
Speaker 1: the court.

783
00:37:07,520 --> 00:37:08,239
Speaker 5: Let me read you.

784
00:37:08,280 --> 00:37:12,000
Speaker 1: The opening here, which contains all of the most relevant facts.

785
00:37:12,040 --> 00:37:14,279
Speaker 1: So in early July two thousand and eight, Samuel Ledo

786
00:37:14,520 --> 00:37:17,080
Speaker 1: stood on a riverbank in a remote corner of Alaska.

787
00:37:17,120 --> 00:37:19,680
Speaker 1: The Supreme Court justice was on vacation at a luxury

788
00:37:19,719 --> 00:37:22,839
Speaker 1: fishing lodge that charged more than one thousand dollars a day,

789
00:37:23,280 --> 00:37:25,719
Speaker 1: and after catching a king salmon nearly the size of

790
00:37:25,760 --> 00:37:28,000
Speaker 1: his leg Alito pose for a picture that you can

791
00:37:28,040 --> 00:37:30,319
Speaker 1: see if you're watching this, guys. To his left, a

792
00:37:30,360 --> 00:37:34,560
Speaker 1: man stood beaming Paul Singer, a hedge fund billionaire who

793
00:37:34,560 --> 00:37:37,040
Speaker 1: has repeatedly asked the Supreme Court to rule in his

794
00:37:37,320 --> 00:37:41,040
Speaker 1: favor in high stakes business disputes. We're talking multi billion

795
00:37:41,080 --> 00:37:44,000
Speaker 1: dollars at stake in these disputes as well, Guys, Singer

796
00:37:44,080 --> 00:37:46,600
Speaker 1: was more than a fellow angler. He flew Aledo to

797
00:37:46,680 --> 00:37:49,640
Speaker 1: Alaska on a private jet. If the Justice charted the

798
00:37:49,640 --> 00:37:53,080
Speaker 1: plane himself, the cost could have exceeded one hundred thousand

799
00:37:53,120 --> 00:37:56,680
Speaker 1: dollars just one way. In the years that followed, Singer's

800
00:37:56,680 --> 00:37:59,000
Speaker 1: hedge fund came before the Court at least ten times,

801
00:37:59,280 --> 00:38:01,680
Speaker 1: in cases where his role was often covered by the

802
00:38:01,760 --> 00:38:04,239
Speaker 1: legal press and mainstream media. They go on to say,

803
00:38:04,320 --> 00:38:07,600
Speaker 1: Leonard Leo, the longtime leader of the Conservative Federalist Society,

804
00:38:07,640 --> 00:38:09,839
Speaker 1: attended and helped organize.

805
00:38:09,280 --> 00:38:10,280
Speaker 5: That fishing vacation.

806
00:38:10,760 --> 00:38:14,000
Speaker 1: Leo invited Singer to join and ask Singer if he

807
00:38:14,040 --> 00:38:17,120
Speaker 1: and Alito could fly on the billionaire's jet. Leo also

808
00:38:17,280 --> 00:38:20,160
Speaker 1: recently played an important role in the justices confirmation to

809
00:38:20,400 --> 00:38:23,200
Speaker 1: the court. Singer and the lodge owner were both major

810
00:38:23,360 --> 00:38:25,920
Speaker 1: donors to Leo's political groups. So you guys get the

811
00:38:25,960 --> 00:38:30,879
Speaker 1: outlines here, Supreme Court justice invited on this luxury all

812
00:38:30,880 --> 00:38:35,239
Speaker 1: expenses paid fishing trip organized by Leonard Leo, who himself

813
00:38:35,320 --> 00:38:38,279
Speaker 1: is a real political power player and has a lot

814
00:38:38,280 --> 00:38:41,840
Speaker 1: of interest in the justices themselves and also the rulings

815
00:38:41,840 --> 00:38:46,040
Speaker 1: that they make on the court. He strategically invites Paul Singer,

816
00:38:46,239 --> 00:38:49,280
Speaker 1: who is this hedge fund billionaire who again had multiple

817
00:38:49,280 --> 00:38:52,520
Speaker 1: cases in concluding a big one dispute with the nation

818
00:38:52,600 --> 00:38:55,240
Speaker 1: state of Argentina where again there were billions of dollars

819
00:38:55,239 --> 00:39:00,200
Speaker 1: at stake here. Yeah, Alito doesn't recuse himself from any

820
00:39:00,320 --> 00:39:04,080
Speaker 1: of this, and Singer provides him with space on his

821
00:39:04,280 --> 00:39:06,399
Speaker 1: private jet to fly there again that you know would

822
00:39:06,440 --> 00:39:09,960
Speaker 1: cost one hundred thousand dollars in one direction. None of

823
00:39:10,040 --> 00:39:12,799
Speaker 1: this was disclosed, and as I just mentioned, Alito did

824
00:39:12,880 --> 00:39:17,000
Speaker 1: not recuse himself from any of the cases involving Singer.

825
00:39:17,480 --> 00:39:20,680
Speaker 1: There's another layer to this story, though, which is that

826
00:39:20,800 --> 00:39:24,200
Speaker 1: pro publica as you know, to a typical journalist organization

827
00:39:24,320 --> 00:39:26,959
Speaker 1: news organization would do reach out to Alito for comment.

828
00:39:27,000 --> 00:39:28,360
Speaker 4: He didn't respond to them.

829
00:39:28,800 --> 00:39:33,239
Speaker 1: Instead, he wrote up his response, which was published in

830
00:39:33,280 --> 00:39:37,360
Speaker 1: the Wall Street Journal before the piece even dropped.

831
00:39:37,600 --> 00:39:39,160
Speaker 5: Now that raises a whole lot of.

832
00:39:39,200 --> 00:39:42,040
Speaker 1: Questions about the Wall Street Journal just willing to be

833
00:39:42,280 --> 00:39:45,160
Speaker 1: like his pr allied, because how could you fact check

834
00:39:45,200 --> 00:39:47,319
Speaker 1: what he was saying when the piece hasn't even come

835
00:39:47,360 --> 00:39:50,319
Speaker 1: out yet from Pro Publica. But put this up on

836
00:39:50,360 --> 00:39:53,200
Speaker 1: the screen. This was the justification from Aledo, and the

837
00:39:53,239 --> 00:39:57,360
Speaker 1: headline here too is wild justice Samuel Alito. Pro Publica

838
00:39:57,480 --> 00:40:01,680
Speaker 1: misleads its readers the public case levels false charges about

839
00:40:01,719 --> 00:40:04,840
Speaker 1: Supreme Court recusal, financial disclosures, and a two thousand and

840
00:40:04,880 --> 00:40:05,680
Speaker 1: eight fishing trip.

841
00:40:05,920 --> 00:40:07,520
Speaker 4: Again, Wall Street.

842
00:40:07,320 --> 00:40:10,799
Speaker 1: Churnama published this piece with that headline before the Pro

843
00:40:10,840 --> 00:40:15,319
Speaker 1: public piece even dropped. Basically, if you read through this,

844
00:40:15,760 --> 00:40:18,040
Speaker 1: what you see is a lot of cope about, like, well,

845
00:40:18,080 --> 00:40:21,520
Speaker 1: the loatch wasn't really all that fancy, and you know,

846
00:40:21,680 --> 00:40:25,160
Speaker 1: I interpreted lots of other people have interpreted that private

847
00:40:25,239 --> 00:40:29,640
Speaker 1: jet flights don't technically meet the definition of needing disclosure.

848
00:40:29,719 --> 00:40:32,080
Speaker 1: Now they just adjusted the ethics rules to make it

849
00:40:32,160 --> 00:40:36,279
Speaker 1: quite clear that private jet rides do require disclosure, and

850
00:40:36,320 --> 00:40:38,360
Speaker 1: a lot of experts say that the plane face reading,

851
00:40:38,480 --> 00:40:42,400
Speaker 1: you know, has always indicated that it needed to be disclosed.

852
00:40:42,760 --> 00:40:44,319
Speaker 1: And he went on to say that he didn't think

853
00:40:44,320 --> 00:40:48,319
Speaker 1: any reasonable person would think that these cozy relationships with

854
00:40:48,480 --> 00:40:52,319
Speaker 1: Paul Singer would lead them to question his impartiality, and

855
00:40:52,360 --> 00:40:55,680
Speaker 1: so that's why he didn't recuse. But there's there's a

856
00:40:55,719 --> 00:40:57,000
Speaker 1: lot going on with this story here.

857
00:40:57,200 --> 00:40:59,799
Speaker 2: I've spoken with a lot of friends who are, you know,

858
00:41:00,000 --> 00:41:04,400
Speaker 2: big defenders of justice Alito here and listen the question

859
00:41:04,440 --> 00:41:06,960
Speaker 2: Thereone was like, well did it work? Like did Singer

860
00:41:07,000 --> 00:41:09,920
Speaker 2: get his way? It doesn't matter. It's about the appearance

861
00:41:09,960 --> 00:41:12,719
Speaker 2: of corruption. And guess what. Why do we all understand

862
00:41:12,760 --> 00:41:15,279
Speaker 2: that whenever it comes to congressional stock trades, But then

863
00:41:15,320 --> 00:41:17,120
Speaker 2: it starts to get fuzzy whenever we're talking about our

864
00:41:17,160 --> 00:41:20,640
Speaker 2: favorite presidential candidate or maybe the guy who authored a

865
00:41:20,719 --> 00:41:23,280
Speaker 2: decision that we really really like before the Supreme Court,

866
00:41:23,400 --> 00:41:26,160
Speaker 2: like Row versus Wade. And I just think that if

867
00:41:26,200 --> 00:41:29,160
Speaker 2: any reasonable person could see this is outrageous as one

868
00:41:29,160 --> 00:41:31,680
Speaker 2: of the most powerful people in the United States is

869
00:41:31,719 --> 00:41:36,040
Speaker 2: flying in a lavish luxury vacation. Personally, I want to

870
00:41:36,080 --> 00:41:39,480
Speaker 2: know why we're not indulging in this, Crystal? Why why

871
00:41:39,480 --> 00:41:41,800
Speaker 2: do we have better at you know, Krystal and I

872
00:41:41,880 --> 00:41:43,839
Speaker 2: we've been invited on some weird stuff. You know, every

873
00:41:43,840 --> 00:41:45,480
Speaker 2: once in a while, some are very powerful want to

874
00:41:45,480 --> 00:41:48,000
Speaker 2: say whatever, hang out with you, interview view, like oh,

875
00:41:48,040 --> 00:41:50,439
Speaker 2: all expenses paid, you know, and every time we're like, yeah,

876
00:41:50,440 --> 00:41:52,080
Speaker 2: I just think it'll look bad. You know. It's like

877
00:41:52,120 --> 00:41:54,759
Speaker 2: one of those where you know, and we're not even

878
00:41:54,800 --> 00:41:57,600
Speaker 2: government officials, We're just we're just doing people bringing the news.

879
00:41:57,600 --> 00:41:59,160
Speaker 2: Like we're under no oub We get we're small business

880
00:41:59,200 --> 00:42:01,440
Speaker 2: owners and you know, as private citizens, we could do

881
00:42:01,520 --> 00:42:02,440
Speaker 2: it if we wanted to.

882
00:42:02,760 --> 00:42:03,680
Speaker 3: There's nothing stopping it.

883
00:42:03,719 --> 00:42:06,440
Speaker 2: But everyone understands there ain't no such thing as a

884
00:42:06,440 --> 00:42:06,879
Speaker 2: free lunch.

885
00:42:06,880 --> 00:42:07,040
Speaker 4: Nope.

886
00:42:07,160 --> 00:42:10,040
Speaker 3: And and specifically here here's what I want to know.

887
00:42:10,800 --> 00:42:16,560
Speaker 2: What they were A served wine that was costing one thousand.

888
00:42:16,239 --> 00:42:17,480
Speaker 3: Dollars a bottle.

889
00:42:18,239 --> 00:42:20,160
Speaker 2: First of all, I like wine every once in a while,

890
00:42:20,239 --> 00:42:21,879
Speaker 2: you know, on the rare occasions that I do drink.

891
00:42:22,320 --> 00:42:24,040
Speaker 2: I have never had a bottle of wine more than

892
00:42:24,080 --> 00:42:25,759
Speaker 2: like a hundred bucks or something like that. What is

893
00:42:25,760 --> 00:42:27,360
Speaker 2: a one thousand dollars bottle of wine?

894
00:42:27,400 --> 00:42:28,480
Speaker 3: It must be nice you know.

895
00:42:29,080 --> 00:42:31,239
Speaker 4: To me, honestly, it doesn't even keep it.

896
00:42:31,280 --> 00:42:32,960
Speaker 2: I was gonna say, it's just like, I bet it's

897
00:42:32,960 --> 00:42:35,440
Speaker 2: just the flex. I bet it's all about like, oh,

898
00:42:35,480 --> 00:42:38,799
Speaker 2: this is nineteen sixty eight, you know, Chateau whatever. Drink it,

899
00:42:39,160 --> 00:42:42,040
Speaker 2: you drink exactly, drink it because you can. It's it's

900
00:42:42,080 --> 00:42:44,120
Speaker 2: the flex on the part of the guy who's able

901
00:42:44,160 --> 00:42:48,040
Speaker 2: to serve it. Maybe not necessarily about the taste the question.

902
00:42:48,360 --> 00:42:51,040
Speaker 1: I typically drink eight dollar bottles of wine from Walmart,

903
00:42:53,400 --> 00:42:54,839
Speaker 1: not my area of expertise.

904
00:42:56,239 --> 00:42:58,920
Speaker 2: On a broader level, I mean, this is so obvious,

905
00:42:59,040 --> 00:43:02,800
Speaker 2: like in an era where we have bad institutional trusts

906
00:43:03,000 --> 00:43:07,560
Speaker 2: and we see constant corruption and cavorting of the elite

907
00:43:07,640 --> 00:43:11,239
Speaker 2: and the policymakers, if you want to appear unimpeachable, then

908
00:43:11,480 --> 00:43:14,000
Speaker 2: you have no right to be going on vacations like

909
00:43:14,040 --> 00:43:17,040
Speaker 2: this or what Clarence Thomas was doing as well. All

910
00:43:17,080 --> 00:43:20,520
Speaker 2: of us understand that nobody gives you a private jet

911
00:43:20,560 --> 00:43:23,440
Speaker 2: for free right, and that nobody has hanging out with

912
00:43:23,480 --> 00:43:26,800
Speaker 2: you getting invited on luxury vacations. And my response to

913
00:43:26,840 --> 00:43:28,400
Speaker 2: them always is like, what do you expect them to

914
00:43:28,440 --> 00:43:32,040
Speaker 2: just have no lives? No, you can leave, dude, resign.

915
00:43:32,320 --> 00:43:35,560
Speaker 2: You can live a very comfortable, big private retirement, and

916
00:43:35,640 --> 00:43:36,640
Speaker 2: none of those who care.

917
00:43:36,800 --> 00:43:39,640
Speaker 1: It's not like they're getting paid like paupers either, like

918
00:43:39,719 --> 00:43:43,239
Speaker 1: they make a hefty salary. Go on your own damn

919
00:43:43,320 --> 00:43:46,400
Speaker 1: vacation and don't fly around on some hedge fund billionaire's

920
00:43:46,480 --> 00:43:48,719
Speaker 1: private jet secretly by the way, or you.

921
00:43:48,719 --> 00:43:49,920
Speaker 4: Don't even disclose it.

922
00:43:50,239 --> 00:43:54,800
Speaker 1: Who has business frequently like routinely before the court?

923
00:43:55,160 --> 00:43:56,880
Speaker 4: What do you think people are going to think about that?

924
00:43:57,280 --> 00:44:00,399
Speaker 1: What I may be my favorite justification he gave here

925
00:44:00,560 --> 00:44:03,959
Speaker 1: Sager and his little Wall Street journal piece was he said,

926
00:44:04,000 --> 00:44:06,960
Speaker 1: As for the flight, mister Singer and others had already

927
00:44:06,960 --> 00:44:09,200
Speaker 1: made arrangements to fly to Alaska when I was invited

928
00:44:09,239 --> 00:44:11,080
Speaker 1: shortly before the event, and I was asked whether I

929
00:44:11,120 --> 00:44:12,480
Speaker 1: would like to fly there in a seat that, as

930
00:44:12,520 --> 00:44:15,759
Speaker 1: far as I'm aware, would have otherwise been vacant. It

931
00:44:15,840 --> 00:44:18,520
Speaker 1: was my understanding this would not impose any extra cost

932
00:44:18,600 --> 00:44:19,319
Speaker 1: on mister Singer.

933
00:44:19,320 --> 00:44:20,279
Speaker 3: All right, let's put it this way.

934
00:44:20,320 --> 00:44:23,040
Speaker 2: I had somebody who used that excuse to me, and

935
00:44:23,080 --> 00:44:24,920
Speaker 2: I go, hey, man, you know I'm flying to India

936
00:44:24,960 --> 00:44:25,600
Speaker 2: in two weeks.

937
00:44:25,960 --> 00:44:28,239
Speaker 3: The jets going there anyway, they still charge you for it.

938
00:44:28,840 --> 00:44:34,440
Speaker 2: Yeah, set, who is it. That's not how business works.

939
00:44:34,719 --> 00:44:36,840
Speaker 2: They still charge you for it, man, And you know

940
00:44:36,920 --> 00:44:39,279
Speaker 2: I just looked it up justin justice. Alito has a

941
00:44:39,320 --> 00:44:41,319
Speaker 2: net worth of two point nine million to seven point

942
00:44:41,320 --> 00:44:43,920
Speaker 2: four million. So listen, man, you can afford it, like

943
00:44:44,280 --> 00:44:44,600
Speaker 2: you could.

944
00:44:44,600 --> 00:44:48,560
Speaker 1: You You don't have to fly by private jet to Alestase.

945
00:44:48,600 --> 00:44:50,920
Speaker 2: I can get to Alaska. There's a direct flight here

946
00:44:50,920 --> 00:44:54,160
Speaker 2: from Washington to San Francisco. You could be in Alaska

947
00:44:54,239 --> 00:44:56,839
Speaker 2: in seven hours. When you're two point nine to seven

948
00:44:56,840 --> 00:44:58,880
Speaker 2: point four million net worth, you can buy yourself a

949
00:44:58,960 --> 00:45:02,399
Speaker 2: nice first class ticket. You could buy yourself a seat

950
00:45:02,440 --> 00:45:06,640
Speaker 2: at this quote comfortable and rustic lodge. It's like, you know,

951
00:45:06,680 --> 00:45:09,799
Speaker 2: it's so obvious that this is problematic, and you know

952
00:45:09,880 --> 00:45:12,800
Speaker 2: a lot of court defenders are very upset, like, oh,

953
00:45:12,840 --> 00:45:15,600
Speaker 2: Clarence Thomas did nothing wrong. I'm like he obviously did.

954
00:45:15,680 --> 00:45:18,960
Speaker 2: Like going on these crazy yacht vacations, having some dude

955
00:45:19,000 --> 00:45:23,279
Speaker 2: buy his mom's house was right, right, You're this guy

956
00:45:23,360 --> 00:45:26,279
Speaker 2: going on a luxury fishing vacation. I mean, if you

957
00:45:26,440 --> 00:45:28,480
Speaker 2: like to fish, then pay for it yourself. Man.

958
00:45:28,600 --> 00:45:31,320
Speaker 3: That's what a lot of normal people do in this country.

959
00:45:31,480 --> 00:45:34,200
Speaker 2: You just can't be going out here saying that there

960
00:45:34,239 --> 00:45:37,600
Speaker 2: was absolutely nothing that was exchanged. Nobody on Earth, no

961
00:45:37,600 --> 00:45:40,319
Speaker 2: normal person on Earth, none gets to go on a

962
00:45:40,320 --> 00:45:40,840
Speaker 2: trip like that.

963
00:45:40,960 --> 00:45:43,040
Speaker 1: Yeah, what do you think They're just doing this sound

964
00:45:43,080 --> 00:45:45,359
Speaker 1: of the goodness of their heart because they really like you,

965
00:45:45,400 --> 00:45:45,960
Speaker 1: because you're just.

966
00:45:45,960 --> 00:45:46,560
Speaker 4: A nice guy.

967
00:45:46,760 --> 00:45:48,960
Speaker 1: You think that's that's why they had they had to

968
00:45:49,160 --> 00:45:51,920
Speaker 1: fly on the private jet to the luxury fishing vacation.

969
00:45:52,080 --> 00:45:53,839
Speaker 1: I mean, I don't think there are a lot of people

970
00:45:53,920 --> 00:45:56,960
Speaker 1: are getting that opportunity when there isn't some kind of

971
00:45:57,000 --> 00:46:01,200
Speaker 1: a quid pro quo, and just the appearance is a problem.

972
00:46:01,760 --> 00:46:04,000
Speaker 1: The last thing I'll say about this is, you know,

973
00:46:04,200 --> 00:46:08,200
Speaker 1: it's insane and disgraceful that there is no Supreme Court

974
00:46:08,719 --> 00:46:13,879
Speaker 1: standard of ethics. Yes, every other federal Court judge has

975
00:46:13,920 --> 00:46:15,800
Speaker 1: to abide by a code of ethics.

976
00:46:16,360 --> 00:46:18,640
Speaker 4: Random low level government.

977
00:46:18,239 --> 00:46:20,880
Speaker 1: Employees have to abide by a code of ethics that

978
00:46:20,960 --> 00:46:25,120
Speaker 1: prevents them from taking even small dollar gifts from anyone

979
00:46:25,440 --> 00:46:30,040
Speaker 1: because they're worried about actual and the appearance of corruption.

980
00:46:30,680 --> 00:46:34,040
Speaker 1: John Roberts has basically stonewalled on all of this, refused

981
00:46:34,040 --> 00:46:36,960
Speaker 1: to go testify to Congress about some of the revelations

982
00:46:36,960 --> 00:46:40,120
Speaker 1: with regard to Justice Thomas and the concerns more broadly

983
00:46:40,200 --> 00:46:43,000
Speaker 1: about corruption on the court. They have shown certainly no

984
00:46:43,120 --> 00:46:46,279
Speaker 1: interest in having Congress get involved. In fact, Roberts has

985
00:46:46,480 --> 00:46:49,279
Speaker 1: sort of insinuated he doesn't think that Congress even has

986
00:46:49,320 --> 00:46:52,440
Speaker 1: the power to regulate them, which I think is I mean,

987
00:46:52,480 --> 00:46:54,600
Speaker 1: it just shows like they're arrogance and the way that

988
00:46:54,640 --> 00:46:57,640
Speaker 1: they really don't see themselves as a coequal branch, and

989
00:46:57,680 --> 00:46:59,480
Speaker 1: to be honest with you, they're not treated.

990
00:46:59,160 --> 00:47:00,280
Speaker 5: Like a co equal branch.

991
00:47:00,360 --> 00:47:05,080
Speaker 1: They really are these sort of like unaccountable supremacist branch

992
00:47:05,480 --> 00:47:08,279
Speaker 1: of the United States government. And if you pull the

993
00:47:08,280 --> 00:47:11,600
Speaker 1: American people like should Supreme Court justices have to abide

994
00:47:11,600 --> 00:47:14,320
Speaker 1: by a code of ethics, it's like ninety some percent

995
00:47:14,360 --> 00:47:18,239
Speaker 1: that are like, obviously they should. So it's at the

996
00:47:18,440 --> 00:47:23,440
Speaker 1: very least complete insanity that there are not official guidelines

997
00:47:23,480 --> 00:47:27,719
Speaker 1: for when you recuse and what your expectations are, what

998
00:47:27,760 --> 00:47:31,120
Speaker 1: your moral and ethical expectations are if you are sitting

999
00:47:31,160 --> 00:47:34,680
Speaker 1: on this court, which is one of the most powerful.

1000
00:47:34,200 --> 00:47:36,479
Speaker 5: Forces in the entire world, actually not.

1001
00:47:36,400 --> 00:47:37,000
Speaker 4: Just in the country.

1002
00:47:37,040 --> 00:47:42,799
Speaker 3: So I agree with you completely. Let's move on.

1003
00:47:42,920 --> 00:47:45,000
Speaker 2: Let's talk a little bit about test scores, about what's

1004
00:47:45,000 --> 00:47:47,680
Speaker 2: going on in this country. This is something which look,

1005
00:47:47,719 --> 00:47:50,280
Speaker 2: we've been trying to draw attention to now for years,

1006
00:47:50,320 --> 00:47:53,560
Speaker 2: specifically around school closures and what the impact of all

1007
00:47:53,560 --> 00:47:56,440
Speaker 2: it is. And unfortunately, it's becoming very very clear that

1008
00:47:56,520 --> 00:47:59,600
Speaker 2: school closures in the fallout from COVID have been a

1009
00:47:59,760 --> 00:48:02,040
Speaker 2: naw national catastrophes. So let's go and put this up

1010
00:48:02,080 --> 00:48:04,480
Speaker 2: there on the screens. This is called chalk Beat. It

1011
00:48:04,640 --> 00:48:08,520
Speaker 2: is a education specifically trade publication which did a really

1012
00:48:08,520 --> 00:48:12,200
Speaker 2: good job of looking at the newest averages of national

1013
00:48:12,239 --> 00:48:14,880
Speaker 2: test scores. What you can see here before you is

1014
00:48:14,880 --> 00:48:17,640
Speaker 2: that effectively national test scores. And you know, there's a

1015
00:48:17,640 --> 00:48:20,240
Speaker 2: lot of questions even around whether the test scores themselves

1016
00:48:20,520 --> 00:48:23,680
Speaker 2: are good, but they're what we have basically peaked in

1017
00:48:23,680 --> 00:48:26,839
Speaker 2: twenty ten. They were starting to decline in terms of

1018
00:48:26,920 --> 00:48:31,520
Speaker 2: overall standards up until the pandemic, but after the pandemic

1019
00:48:31,520 --> 00:48:34,440
Speaker 2: in twenty twenty, they just absolutely fell off a cliff,

1020
00:48:34,800 --> 00:48:38,680
Speaker 2: both on national math and on national reading tests. So,

1021
00:48:39,080 --> 00:48:41,840
Speaker 2: for example, eighty five percent of thirteen year olds in

1022
00:48:41,840 --> 00:48:45,040
Speaker 2: twenty twelve demonstrated skills and basic problem solving in math.

1023
00:48:45,280 --> 00:48:47,839
Speaker 2: In twenty twenty, that number is now just seventy nine

1024
00:48:47,880 --> 00:48:50,880
Speaker 2: percent and now has fallen into seventy one percent, so

1025
00:48:50,880 --> 00:48:53,440
Speaker 2: we're getting even more of a precipitous drop in the

1026
00:48:53,520 --> 00:48:57,200
Speaker 2: last year. This is specifically the worst for students who

1027
00:48:57,239 --> 00:49:01,160
Speaker 2: are in the lowest income tront of students, and they

1028
00:49:01,200 --> 00:49:04,680
Speaker 2: actually show you that the gap between lowest and highest

1029
00:49:04,680 --> 00:49:07,480
Speaker 2: performing students also widened significantly.

1030
00:49:07,600 --> 00:49:09,479
Speaker 3: And the reason why for that. Let's go to the next.

1031
00:49:09,400 --> 00:49:11,640
Speaker 2: One here, please, guys, because what you can see here

1032
00:49:11,800 --> 00:49:14,839
Speaker 2: as I was referencing, is around all students, you can

1033
00:49:14,880 --> 00:49:18,680
Speaker 2: see that the average there is at two sixty four. However,

1034
00:49:18,880 --> 00:49:21,200
Speaker 2: whenever you drop it and you or sorry, it's at

1035
00:49:21,200 --> 00:49:23,400
Speaker 2: two fifty six. Whenever you look at white students, it's

1036
00:49:23,440 --> 00:49:25,799
Speaker 2: two sixty four. We look at Latino students, it's two

1037
00:49:25,880 --> 00:49:28,000
Speaker 2: forty seven. If you look at black students's actually two

1038
00:49:28,200 --> 00:49:29,680
Speaker 2: one hundred and thirty seven.

1039
00:49:29,760 --> 00:49:30,560
Speaker 3: That's just in reading.

1040
00:49:30,760 --> 00:49:33,360
Speaker 2: In math, it's very similar what the gap is, and

1041
00:49:33,440 --> 00:49:36,440
Speaker 2: the gap again has widened between.

1042
00:49:36,040 --> 00:49:36,760
Speaker 3: Black and white.

1043
00:49:37,040 --> 00:49:40,080
Speaker 2: I actually prefer to look at it aggregated in terms

1044
00:49:40,120 --> 00:49:40,600
Speaker 2: of wealth.

1045
00:49:40,680 --> 00:49:42,440
Speaker 3: We don't have the exact data.

1046
00:49:42,200 --> 00:49:44,960
Speaker 2: On it, but it's becoming clear that because of racial

1047
00:49:44,960 --> 00:49:47,920
Speaker 2: disparity when it becomes to wealth, is that students who

1048
00:49:48,000 --> 00:49:50,520
Speaker 2: are likely at the lower income spectrum, of which we've

1049
00:49:50,520 --> 00:49:53,040
Speaker 2: talked about here before. We're basically left at home to

1050
00:49:53,600 --> 00:49:57,520
Speaker 2: screw off. Like the parents were very busy, they had

1051
00:49:57,520 --> 00:50:00,320
Speaker 2: to work. Unlikely we work from home. What is a

1052
00:50:00,320 --> 00:50:01,759
Speaker 2: seven year old going to do? What is any seven

1053
00:50:01,800 --> 00:50:02,400
Speaker 2: year old going to do?

1054
00:50:02,520 --> 00:50:02,800
Speaker 3: Nothing?

1055
00:50:03,239 --> 00:50:07,359
Speaker 2: If unsupervised? Richer students where their parents do? They sat there?

1056
00:50:07,600 --> 00:50:11,040
Speaker 2: They were working from home, They're monitoring their homework, monitoring

1057
00:50:11,160 --> 00:50:15,919
Speaker 2: lessons and more importantly hiring private tutors, as what happened

1058
00:50:15,960 --> 00:50:20,319
Speaker 2: in San Francisco. And thus the gap has become so

1059
00:50:20,400 --> 00:50:23,399
Speaker 2: explosive now that by all metrics, we are living through

1060
00:50:23,440 --> 00:50:27,440
Speaker 2: one of the most unequal education times in modern history.

1061
00:50:27,480 --> 00:50:30,640
Speaker 2: And the higher education is not grappling with this. The

1062
00:50:30,680 --> 00:50:34,400
Speaker 2: schools obviously they don't have the tools, governments and all that.

1063
00:50:34,440 --> 00:50:37,480
Speaker 2: Everybody's pointing their fingers, but at a raw level, this

1064
00:50:37,640 --> 00:50:38,839
Speaker 2: is a catastrophe.

1065
00:50:38,960 --> 00:50:39,800
Speaker 3: This is a disaster.

1066
00:50:40,000 --> 00:50:41,879
Speaker 5: It truly, truly is.

1067
00:50:42,000 --> 00:50:45,319
Speaker 1: And you're absolutely right that the poorest kids, there's no

1068
00:50:45,360 --> 00:50:47,600
Speaker 1: doubt about it, got hit the hardest, and it's so

1069
00:50:47,680 --> 00:50:49,040
Speaker 1: obvious why because.

1070
00:50:48,800 --> 00:50:49,720
Speaker 5: Their parents are working.

1071
00:50:50,040 --> 00:50:51,640
Speaker 1: You know, a lot of them had to be left

1072
00:50:51,640 --> 00:50:54,440
Speaker 1: home with like an older brother or sister, or potentially

1073
00:50:54,520 --> 00:50:57,600
Speaker 1: you know, maybe a grandparent who's not particularly technologically savvy.

1074
00:50:57,840 --> 00:51:00,719
Speaker 1: I mean as a parent who was navigated all of this,

1075
00:51:00,960 --> 00:51:02,960
Speaker 1: by the way, in a household that had very spotty

1076
00:51:03,000 --> 00:51:06,040
Speaker 1: Internet access. Even for someone who has, you know, is

1077
00:51:06,040 --> 00:51:08,840
Speaker 1: blessed out the resource that I have, this was very,

1078
00:51:08,960 --> 00:51:11,840
Speaker 1: very difficult. And the other piece Soccer is that a

1079
00:51:11,880 --> 00:51:15,799
Speaker 1: lot of private schools actually stayed in person. So my

1080
00:51:16,160 --> 00:51:18,640
Speaker 1: youngest was in preschool at that point at the school

1081
00:51:18,680 --> 00:51:21,520
Speaker 1: that actually my mom run ran until she just retired,

1082
00:51:21,840 --> 00:51:24,520
Speaker 1: and so thank god she was able to stay in

1083
00:51:24,520 --> 00:51:27,400
Speaker 1: person the whole time, because those years are so incredibly

1084
00:51:27,400 --> 00:51:30,160
Speaker 1: critical when she's learning, you know, the basic building blocks to.

1085
00:51:30,120 --> 00:51:33,080
Speaker 4: Be able to read. Very difficult situation.

1086
00:51:33,239 --> 00:51:36,400
Speaker 1: For my son, who was in second grade at that point,

1087
00:51:36,440 --> 00:51:38,640
Speaker 1: who's you know, typical little boy and has a lot

1088
00:51:38,640 --> 00:51:40,960
Speaker 1: of energy, and to just stay focused on like school

1089
00:51:41,000 --> 00:51:43,439
Speaker 1: work on a zoom call is very difficult. My daughter,

1090
00:51:43,440 --> 00:51:44,160
Speaker 1: who was in middle.

1091
00:51:44,000 --> 00:51:46,960
Speaker 4: School at that time, it was it was really.

1092
00:51:46,640 --> 00:51:50,160
Speaker 1: Really challenging, even when you had everything going for you.

1093
00:51:50,719 --> 00:51:53,799
Speaker 1: So no one should be surprised that, you know, the

1094
00:51:53,840 --> 00:51:55,319
Speaker 1: results have been this catastrophic.

1095
00:51:55,760 --> 00:51:57,200
Speaker 5: One other thing that I noted.

1096
00:51:57,000 --> 00:51:59,440
Speaker 1: Here is if you look at the charts, and maybe

1097
00:51:59,480 --> 00:52:01,480
Speaker 1: we can put this back up on the screen. Guys,

1098
00:52:01,200 --> 00:52:04,080
Speaker 1: the very first element that we showed, if you look

1099
00:52:04,080 --> 00:52:07,399
Speaker 1: at the charts, you see a sudden drop off effectively.

1100
00:52:06,800 --> 00:52:07,880
Speaker 4: In the pandemic years.

1101
00:52:08,320 --> 00:52:11,520
Speaker 1: But as you noted Soccer, the peak year was actually

1102
00:52:11,520 --> 00:52:15,000
Speaker 1: for these test scores was actually twenty twelve, and listen,

1103
00:52:15,120 --> 00:52:17,800
Speaker 1: correlation is not causation, So there's a lot of research

1104
00:52:17,800 --> 00:52:20,320
Speaker 1: that would need to be done. That's also the same

1105
00:52:20,440 --> 00:52:24,120
Speaker 1: year when you see some of the increases in depression,

1106
00:52:24,280 --> 00:52:28,080
Speaker 1: increases in suicide, increases in anxiety. And it's also the

1107
00:52:28,120 --> 00:52:33,200
Speaker 1: same year when smartphones became incredibly prevalent. It's the same

1108
00:52:33,280 --> 00:52:38,000
Speaker 1: year when social media moved to be more algorithmically based,

1109
00:52:38,400 --> 00:52:42,520
Speaker 1: so it's triggering your emotions and manipulating you more and

1110
00:52:42,640 --> 00:52:46,000
Speaker 1: keeping you locked in for longer periods of time. Again,

1111
00:52:46,360 --> 00:52:49,919
Speaker 1: we would need research to show that there's actual causation here,

1112
00:52:50,200 --> 00:52:52,239
Speaker 1: but to me, it seems like not an accident that

1113
00:52:52,280 --> 00:52:54,919
Speaker 1: these things are all tied together, that actually the test

1114
00:52:54,920 --> 00:52:59,000
Speaker 1: score decline predates the pandemic. Again, it was accelerated as

1115
00:52:59,000 --> 00:53:01,520
Speaker 1: so many trends in oursis society work by the pandemic

1116
00:53:01,920 --> 00:53:04,200
Speaker 1: but they were actually going in the wrong direction for

1117
00:53:04,280 --> 00:53:06,279
Speaker 1: quite a number of years before we even got to

1118
00:53:06,280 --> 00:53:06,840
Speaker 1: the pandemic.

1119
00:53:06,880 --> 00:53:07,920
Speaker 3: Well data backs this up.

1120
00:53:07,960 --> 00:53:11,400
Speaker 2: My friend Brad Wilcox over at the National Marriage Project

1121
00:53:11,400 --> 00:53:13,120
Speaker 2: at UVA tweeted this chout yesterday.

1122
00:53:13,200 --> 00:53:14,239
Speaker 3: Wanted to bring into all of you.

1123
00:53:14,400 --> 00:53:17,120
Speaker 2: What you can see here is the depressive symptoms in

1124
00:53:17,280 --> 00:53:22,440
Speaker 2: US eighth, tenth, and twelfth graders, and the increase precipitously

1125
00:53:22,480 --> 00:53:24,400
Speaker 2: after twenty twelve is right there.

1126
00:53:24,560 --> 00:53:26,280
Speaker 3: You can literally see it in the data.

1127
00:53:26,360 --> 00:53:28,120
Speaker 2: In terms of the numbers of eight, tenth and twelfth

1128
00:53:28,120 --> 00:53:30,920
Speaker 2: graders who say I can't do anything right. It has

1129
00:53:30,960 --> 00:53:33,600
Speaker 2: gone from thirty percent, you know, back in twenty ten

1130
00:53:33,680 --> 00:53:36,360
Speaker 2: now to almost fifty percent. In terms of my life

1131
00:53:36,400 --> 00:53:40,160
Speaker 2: is not useful forty four percent now. Was hovering somewhere

1132
00:53:40,160 --> 00:53:42,799
Speaker 2: around like twenty two percent at that time, and then

1133
00:53:43,040 --> 00:53:45,200
Speaker 2: I do not enjoy my life, same thing. It was

1134
00:53:45,239 --> 00:53:47,560
Speaker 2: bottomed out, it was near twenty percent and is now

1135
00:53:47,560 --> 00:53:49,520
Speaker 2: all the way up to forty eight point nine. We're

1136
00:53:49,560 --> 00:53:53,400
Speaker 2: seeing an absolutely disaster in terms of depressive symptoms. So

1137
00:53:53,400 --> 00:53:55,840
Speaker 2: it's not a surprise that you see depressive symptoms on

1138
00:53:55,880 --> 00:53:58,680
Speaker 2: the rise. You see rise of social media, smartphone use.

1139
00:53:58,960 --> 00:54:01,880
Speaker 2: We know the test scores have been dropping now at

1140
00:54:01,920 --> 00:54:05,040
Speaker 2: a certain smaller rate up until the pandemic, and then

1141
00:54:05,120 --> 00:54:08,399
Speaker 2: everything just was lit on fire afterwards. And unfortunately, it's

1142
00:54:08,440 --> 00:54:11,840
Speaker 2: just going to exacerbate all of our existing problems in

1143
00:54:11,880 --> 00:54:12,560
Speaker 2: higher education.

1144
00:54:12,800 --> 00:54:13,880
Speaker 3: I'll give everyone example.

1145
00:54:13,880 --> 00:54:16,440
Speaker 2: I've been doing a lot of monologues here about how

1146
00:54:16,520 --> 00:54:19,480
Speaker 2: you know, higher education schools want to preserve affirmative action

1147
00:54:19,600 --> 00:54:23,080
Speaker 2: after the court is likely to strike it down. Well, unfortunately,

1148
00:54:23,200 --> 00:54:25,960
Speaker 2: they're going to have to nuke all merit based scores

1149
00:54:26,040 --> 00:54:28,040
Speaker 2: in order to do that, because as I've said, of

1150
00:54:28,160 --> 00:54:30,960
Speaker 2: the gap in between poor and of rich students, well,

1151
00:54:31,600 --> 00:54:33,799
Speaker 2: the issue is is that the gap is going to

1152
00:54:33,840 --> 00:54:37,600
Speaker 2: get even wider crystal, and it actually validates the whole

1153
00:54:37,680 --> 00:54:40,560
Speaker 2: idea that a lot of this is unfair, because then

1154
00:54:40,600 --> 00:54:43,000
Speaker 2: you're putting someone in a situation where they're not even

1155
00:54:43,080 --> 00:54:45,400
Speaker 2: academically or rigorously prepared for.

1156
00:54:45,440 --> 00:54:47,520
Speaker 1: The curriculum n't fix the problem by the time people

1157
00:54:47,560 --> 00:54:49,040
Speaker 1: are at college life, exactly.

1158
00:54:48,719 --> 00:54:49,439
Speaker 5: It's got to be.

1159
00:54:49,600 --> 00:54:50,759
Speaker 4: It's got to start.

1160
00:54:50,520 --> 00:54:53,200
Speaker 1: From, you know, with realations like kindergarten, the Universal pre k,

1161
00:54:53,360 --> 00:54:57,719
Speaker 1: honestly even before that, because kids who have those foundational

1162
00:54:57,800 --> 00:55:00,839
Speaker 1: years in preschool are much more paired for school, they're

1163
00:55:00,920 --> 00:55:05,120
Speaker 1: much more likely to succeed academically throughout their careers. But

1164
00:55:05,360 --> 00:55:07,600
Speaker 1: you know, I was thinking about when we interview Jack Dorsey,

1165
00:55:07,640 --> 00:55:10,480
Speaker 1: of course was ahead of Twitter, and I asked him

1166
00:55:10,520 --> 00:55:13,040
Speaker 1: about how he thinks about the social media part of

1167
00:55:13,040 --> 00:55:15,600
Speaker 1: this and the balance between being in the real world

1168
00:55:15,640 --> 00:55:18,439
Speaker 1: and being locked into your screen. And he doesn't have kids,

1169
00:55:18,480 --> 00:55:20,960
Speaker 1: but he said, for a lot of his friends who

1170
00:55:21,000 --> 00:55:23,400
Speaker 1: are high up in the tech space, they don't let

1171
00:55:23,400 --> 00:55:24,160
Speaker 1: their kids on the stuff.

1172
00:55:24,400 --> 00:55:26,279
Speaker 2: I know a lot of really rich people who work

1173
00:55:26,320 --> 00:55:27,759
Speaker 2: in tech and they don't let their And.

1174
00:55:27,760 --> 00:55:32,520
Speaker 1: It's another it's actually another class divide because the technology

1175
00:55:32,600 --> 00:55:37,120
Speaker 1: now is more readily available if you're busy. You know,

1176
00:55:37,600 --> 00:55:40,040
Speaker 1: I speak as a parent lots of experience, I am

1177
00:55:40,080 --> 00:55:42,160
Speaker 1: certainly guilty of this. The easiest thing you can do

1178
00:55:42,360 --> 00:55:44,960
Speaker 1: is give the phone, give the device, give the tablet,

1179
00:55:45,040 --> 00:55:47,360
Speaker 1: give the gaming said whatever to your kid, and they

1180
00:55:47,440 --> 00:55:49,719
Speaker 1: leave you alone so you can accomplish what you need

1181
00:55:49,760 --> 00:55:54,560
Speaker 1: to do. It takes time, effort, and often resources to

1182
00:55:54,800 --> 00:55:58,400
Speaker 1: provide your kids alternatives to these devices, and so it

1183
00:55:58,480 --> 00:56:02,479
Speaker 1: opens up another classify where the wealthy have the time

1184
00:56:02,520 --> 00:56:05,719
Speaker 1: and ability. And also, you know, are some of them

1185
00:56:06,000 --> 00:56:08,680
Speaker 1: got wealthy in the tech sector and are deeply aware

1186
00:56:08,800 --> 00:56:11,680
Speaker 1: of the manipulative techniques and just how bad this is

1187
00:56:11,719 --> 00:56:15,360
Speaker 1: for kids' brains. They're able to keep the devices away

1188
00:56:15,440 --> 00:56:18,799
Speaker 1: and limit the exposure, and working class people it's much

1189
00:56:18,920 --> 00:56:22,240
Speaker 1: much more difficult. So it opens up yet another class difede.

1190
00:56:22,320 --> 00:56:25,239
Speaker 1: But you know, I was sort of I wouldn't say

1191
00:56:25,239 --> 00:56:28,120
Speaker 1: it was skeptical, but I was kind of ambivalent about

1192
00:56:28,160 --> 00:56:30,800
Speaker 1: whether it was really smartphones and social media that was

1193
00:56:30,880 --> 00:56:33,800
Speaker 1: driving a lot of the depression and other issues that

1194
00:56:33,840 --> 00:56:37,120
Speaker 1: we're seeing among teenagers. But I'm becoming increasingly convinced by

1195
00:56:37,160 --> 00:56:39,640
Speaker 1: the research that this is a real problem and it's

1196
00:56:39,680 --> 00:56:41,960
Speaker 1: a hard one to put back.

1197
00:56:41,760 --> 00:56:42,319
Speaker 4: In the bag.

1198
00:56:42,400 --> 00:56:44,359
Speaker 2: Yeah, exactly, because guess what, you know, you can't get

1199
00:56:44,400 --> 00:56:46,480
Speaker 2: three years back, Like nobody's going to go back and

1200
00:56:46,520 --> 00:56:48,640
Speaker 2: give children some of the most formative years of their lives.

1201
00:56:48,640 --> 00:56:49,960
Speaker 2: And who the hell is going to take away the phone?

1202
00:56:49,960 --> 00:56:52,000
Speaker 2: If anything, they get my phones the younger and younger

1203
00:56:52,000 --> 00:56:54,640
Speaker 2: and younger ages. See nine year olds out there with smartphones,

1204
00:56:54,680 --> 00:56:58,280
Speaker 2: and yeah, look, I don't know, especially as it remains

1205
00:56:58,440 --> 00:57:00,760
Speaker 2: probably the easiest way for a lot of parents basically

1206
00:57:00,840 --> 00:57:04,319
Speaker 2: to sedate their children of which who can't sympathize with that?

1207
00:57:04,360 --> 00:57:07,040
Speaker 2: You know, you see mom flying with three kids on

1208
00:57:07,120 --> 00:57:09,880
Speaker 2: a plane, They're all screaming, they whip out the iPads.

1209
00:57:09,920 --> 00:57:11,200
Speaker 3: What happens, Everything goes quiet.

1210
00:57:11,200 --> 00:57:15,120
Speaker 2: It's nice. It's nice for me, right, But there's a cost.

1211
00:57:15,680 --> 00:57:17,680
Speaker 2: There's a cost, I think to all of that. So

1212
00:57:17,720 --> 00:57:19,760
Speaker 2: I've got a sixteen hour flight coming up, and uh,

1213
00:57:20,040 --> 00:57:22,040
Speaker 2: it's gonna be tough, Right, It's gonna be tough. Like,

1214
00:57:22,160 --> 00:57:24,000
Speaker 2: see the kids out there and they're gonna be screaming.

1215
00:57:24,040 --> 00:57:25,120
Speaker 2: You're like, just give them the damn I.

1216
00:57:25,400 --> 00:57:27,320
Speaker 4: Yeah, just give them the freaking tablet.

1217
00:57:27,600 --> 00:57:30,960
Speaker 2: Okay, all right, let's get to this one consternation, Crystal.

1218
00:57:31,040 --> 00:57:32,960
Speaker 2: Let's put this up there on the screen. I guess

1219
00:57:32,960 --> 00:57:36,280
Speaker 2: there's a lot to say about it. So, uh, James Esis,

1220
00:57:36,360 --> 00:57:37,040
Speaker 2: who is uh?

1221
00:57:37,440 --> 00:57:38,240
Speaker 3: What is he?

1222
00:57:38,880 --> 00:57:40,720
Speaker 2: I would call him like somebody who tweets a lot

1223
00:57:40,720 --> 00:57:41,560
Speaker 2: about trans issues.

1224
00:57:41,800 --> 00:57:42,640
Speaker 3: Let's put it kind all right.

1225
00:57:42,640 --> 00:57:44,080
Speaker 4: I don't know who this individual is.

1226
00:57:45,360 --> 00:57:47,800
Speaker 2: All right, Well, okay, gotcha, he says quote. Yesterday, after

1227
00:57:47,920 --> 00:57:50,880
Speaker 2: posting a tweet saying that I reject the word CYS

1228
00:57:50,920 --> 00:57:53,920
Speaker 2: and don't wish to be called it, I receive a

1229
00:57:53,960 --> 00:57:58,040
Speaker 2: slew of messages from transactivists who called me a sissy

1230
00:57:58,120 --> 00:58:00,960
Speaker 2: with the c telling me I am, whether I like

1231
00:58:01,040 --> 00:58:03,800
Speaker 2: it or not. Just imagine if the roles were reversed.

1232
00:58:03,800 --> 00:58:08,040
Speaker 2: Elon replied and said, quote repeated and targeted harassment against

1233
00:58:08,040 --> 00:58:10,560
Speaker 2: any account will cause the harassing accounts to receive at

1234
00:58:10,600 --> 00:58:13,960
Speaker 2: a minimum of temporary suspensions. The words CIS or cis

1235
00:58:14,000 --> 00:58:17,080
Speaker 2: gender are now considered slurs on the platform.

1236
00:58:17,200 --> 00:58:19,400
Speaker 3: So I guess there's actually a lot to say about this.

1237
00:58:19,600 --> 00:58:20,440
Speaker 3: At the very least.

1238
00:58:21,040 --> 00:58:25,640
Speaker 2: Number one is this is bad because the previous policy

1239
00:58:25,680 --> 00:58:27,560
Speaker 2: that existed over at Twitter, of which I opposed I

1240
00:58:27,600 --> 00:58:30,680
Speaker 2: thought was very stupid, was that you were liable to

1241
00:58:30,760 --> 00:58:34,040
Speaker 2: be banned if you were to quote unquote dead name

1242
00:58:34,200 --> 00:58:37,880
Speaker 2: somebody aka used their previous name pre transition. You know,

1243
00:58:37,920 --> 00:58:39,800
Speaker 2: I think it's mean, but I also don't think it

1244
00:58:39,800 --> 00:58:41,800
Speaker 2: should be who you should be banned for doing so.

1245
00:58:41,960 --> 00:58:45,600
Speaker 2: Same in terms of using the wrong gender pronoun like currently,

1246
00:58:45,640 --> 00:58:48,240
Speaker 2: the Daily Wires having a big host of problems.

1247
00:58:48,400 --> 00:58:49,000
Speaker 3: A lot of their.

1248
00:58:48,960 --> 00:58:51,680
Speaker 2: Videos have been taken off YouTube because they've been using

1249
00:58:51,720 --> 00:58:54,480
Speaker 2: different pronouns and the preferred pronouns of some of the

1250
00:58:54,480 --> 00:58:57,280
Speaker 2: people that they're talking about. Again, you know, you can

1251
00:58:57,320 --> 00:58:59,640
Speaker 2: think it's unkind, I wouldn't do that in a personal

1252
00:58:59,680 --> 00:59:03,120
Speaker 2: situation that said, you know, they're taking a broader strands whatever.

1253
00:59:03,160 --> 00:59:05,800
Speaker 2: I think that's right free as an American citizen. But

1254
00:59:06,000 --> 00:59:08,520
Speaker 2: then you shouldn't be turning around and applying the same

1255
00:59:08,920 --> 00:59:11,200
Speaker 2: policy because the problem that he can we throw that

1256
00:59:11,280 --> 00:59:13,120
Speaker 2: up there back, please up on the screen. I want

1257
00:59:13,120 --> 00:59:15,720
Speaker 2: to read again the exact quote that he said. He

1258
00:59:15,840 --> 00:59:19,880
Speaker 2: specifically said repeated targeted harassment. And you know why am

1259
00:59:19,880 --> 00:59:21,840
Speaker 2: I The hair on the back of my neck goes

1260
00:59:22,000 --> 00:59:25,280
Speaker 2: from that. That is the same exact policy that was

1261
00:59:25,400 --> 00:59:29,240
Speaker 2: used from some of the transactivists to get their opponents banned.

1262
00:59:29,520 --> 00:59:31,880
Speaker 2: And it comes down to the question like what does

1263
00:59:31,880 --> 00:59:34,959
Speaker 2: that mean? You tweets this three times? Is that enough

1264
00:59:34,960 --> 00:59:35,520
Speaker 2: to get banned?

1265
00:59:35,920 --> 00:59:36,040
Speaker 8: Like?

1266
00:59:36,080 --> 00:59:36,640
Speaker 3: What is it?

1267
00:59:36,840 --> 00:59:38,800
Speaker 2: In my Yeah? I mean the trans people who are

1268
00:59:38,840 --> 00:59:40,960
Speaker 2: calling the guy ASSISSI I mean again, I think.

1269
00:59:40,800 --> 00:59:41,520
Speaker 3: It's probably mean.

1270
00:59:41,600 --> 00:59:43,760
Speaker 2: I don't really know why anybody would do that, but

1271
00:59:43,800 --> 00:59:45,560
Speaker 2: a lot of people are mean, it's the Internet, you know,

1272
00:59:45,800 --> 00:59:46,320
Speaker 2: deal with it.

1273
00:59:46,360 --> 00:59:47,320
Speaker 4: I don't know, I mean, and.

1274
00:59:47,280 --> 00:59:51,080
Speaker 1: It's really not that mean, like every going to be

1275
00:59:51,160 --> 00:59:51,920
Speaker 1: that hurt by it?

1276
00:59:52,040 --> 00:59:53,640
Speaker 2: No, I don't think so. I also don't think that

1277
00:59:53,720 --> 00:59:55,880
Speaker 2: somebody who's been quote unquote dead named, is like the

1278
00:59:55,920 --> 00:59:57,480
Speaker 2: worst thing that's ever happened to them in their life.

1279
00:59:57,480 --> 00:59:59,360
Speaker 2: I'm like, yeah, shut up, you know, deal with it.

1280
01:00:00,000 --> 01:00:01,760
Speaker 2: You're the one putting yourself out there for attention on

1281
01:00:01,800 --> 01:00:04,480
Speaker 2: the internet, and then you're upset that somebody is responding

1282
01:00:04,520 --> 01:00:06,840
Speaker 2: and being unkind. We get a lot of unkind comments

1283
01:00:06,840 --> 01:00:09,840
Speaker 2: about here, about my beard, about the hair, about.

1284
01:00:09,560 --> 01:00:11,280
Speaker 4: The list of people to be big.

1285
01:00:11,320 --> 01:00:13,720
Speaker 2: Yeah, exactly, I have a whole list. Listen, come to me,

1286
01:00:13,880 --> 01:00:16,320
Speaker 2: elon I can give you. But I would never do it,

1287
01:00:16,360 --> 01:00:18,960
Speaker 2: even even the worst critics. I'd be like, you know what, man,

1288
01:00:19,000 --> 01:00:21,560
Speaker 2: it's a free contrast. Say what you want we put.

1289
01:00:21,600 --> 01:00:25,320
Speaker 2: We put our words out there, other people can put there.

1290
01:00:25,400 --> 01:00:27,400
Speaker 2: So I think it's very much the wrong policy, and

1291
01:00:27,720 --> 01:00:31,560
Speaker 2: unfortunately it just really is the ad hoc nature of

1292
01:00:31,600 --> 01:00:34,440
Speaker 2: which he is going about it at his own whims,

1293
01:00:34,680 --> 01:00:36,960
Speaker 2: which is just look, you can think it's funny, I

1294
01:00:37,240 --> 01:00:39,840
Speaker 2: certainly do, but that does not mean that it is

1295
01:00:39,840 --> 01:00:41,840
Speaker 2: the right thing. And in fact, whenever you do kind

1296
01:00:41,840 --> 01:00:43,840
Speaker 2: of you know, smile anything, ah, they're getting a taste

1297
01:00:43,840 --> 01:00:45,920
Speaker 2: of their own medicine. That's exactly what you want to

1298
01:00:45,920 --> 01:00:48,160
Speaker 2: be able to prevent because that is the same way

1299
01:00:48,280 --> 01:00:50,880
Speaker 2: that the previous people who used to ran Twitter used

1300
01:00:50,920 --> 01:00:53,960
Speaker 2: to act whenever they got their ideological opponents band So,

1301
01:00:54,040 --> 01:00:56,160
Speaker 2: no matter who it is, I will speak out for them.

1302
01:00:56,320 --> 01:00:59,400
Speaker 1: Yeah, if you are truly this free speech warrior, which

1303
01:00:59,400 --> 01:01:02,080
Speaker 1: we already have one hundred examples where it's falling short

1304
01:01:02,080 --> 01:01:04,920
Speaker 1: of that stated goal, But that's really your thing. It

1305
01:01:04,960 --> 01:01:08,480
Speaker 1: matters the most when it's like politically inconvenient for whatever

1306
01:01:08,560 --> 01:01:11,960
Speaker 1: your views are. So even if this is just mostly

1307
01:01:12,080 --> 01:01:15,560
Speaker 1: a troll, the fact that he just erradically makes these

1308
01:01:15,560 --> 01:01:18,840
Speaker 1: decisions and they go very much contrary to that stated

1309
01:01:18,880 --> 01:01:22,919
Speaker 1: free speech commitment, it's just very revealing and everybody needs

1310
01:01:22,920 --> 01:01:25,240
Speaker 1: to stop being so freaking fragile. Listen, if your feelings

1311
01:01:25,240 --> 01:01:27,040
Speaker 1: are really going to be so hurt by you know,

1312
01:01:27,160 --> 01:01:29,520
Speaker 1: whatever name you're called online.

1313
01:01:29,360 --> 01:01:30,240
Speaker 5: Don't read it.

1314
01:01:30,560 --> 01:01:35,040
Speaker 2: Or don't go on Twitter, don't tweet that much waish reasoner. Right.

1315
01:01:35,200 --> 01:01:37,760
Speaker 1: I mean, there's a reason I don't read my replies

1316
01:01:37,880 --> 01:01:40,920
Speaker 1: and I'm barely on Twitter because I don't like, I

1317
01:01:40,960 --> 01:01:43,960
Speaker 1: don't enjoy it. Right, people are made to each other

1318
01:01:44,040 --> 01:01:46,240
Speaker 1: and it's not really nice place to hang out and live.

1319
01:01:46,360 --> 01:01:48,800
Speaker 1: And as we just discussed with the previous segment. I

1320
01:01:48,880 --> 01:01:50,920
Speaker 1: think there's a lot of clear evidence that none of

1321
01:01:50,920 --> 01:01:53,040
Speaker 1: this is really good for any of our mental health.

1322
01:01:53,160 --> 01:01:56,000
Speaker 1: So if your feelings are getting hurt online, you owe

1323
01:01:56,000 --> 01:01:58,240
Speaker 1: it to yourself to take a step back, go touch

1324
01:01:58,280 --> 01:01:59,320
Speaker 1: some grass.

1325
01:01:58,920 --> 01:02:01,160
Speaker 4: And let it be. If you don't see it, it's

1326
01:02:01,160 --> 01:02:01,960
Speaker 4: not a hard feeling.

1327
01:02:02,240 --> 01:02:05,720
Speaker 2: And I agree, And unfortunately that's you know, people seem

1328
01:02:05,800 --> 01:02:08,480
Speaker 2: to live their entire lives and they make so many

1329
01:02:08,600 --> 01:02:10,440
Speaker 2: This is really a boat sides thing, and I actually

1330
01:02:10,440 --> 01:02:12,800
Speaker 2: find it the most in the trans issue. The amount

1331
01:02:12,840 --> 01:02:16,000
Speaker 2: of people I know who live their entire lives about

1332
01:02:16,040 --> 01:02:21,120
Speaker 2: what's happening online with respect to this discourse is insane

1333
01:02:21,160 --> 01:02:24,080
Speaker 2: to me. I don't understand, and I've even said this,

1334
01:02:24,200 --> 01:02:27,040
Speaker 2: I said in my previous monologue it transgender ideology drives

1335
01:02:27,080 --> 01:02:27,520
Speaker 2: me nuts.

1336
01:02:27,600 --> 01:02:28,480
Speaker 3: I find it abhorrent.

1337
01:02:28,640 --> 01:02:30,920
Speaker 2: I personally see it as a threat to a lot

1338
01:02:30,960 --> 01:02:33,800
Speaker 2: of children. I do not, though, live my entire life

1339
01:02:33,920 --> 01:02:37,800
Speaker 2: or spend all of my public platform time talking drawing

1340
01:02:37,840 --> 01:02:40,440
Speaker 2: attention to it and acting as if the most important

1341
01:02:40,440 --> 01:02:42,440
Speaker 2: thing in the country for a couple of reasons.

1342
01:02:42,480 --> 01:02:43,640
Speaker 3: A Because I don't think so.

1343
01:02:43,960 --> 01:02:46,960
Speaker 2: B Also, we have a responsibility to our audience to

1344
01:02:47,040 --> 01:02:49,120
Speaker 2: meet them where they are, and what we have found,

1345
01:02:49,600 --> 01:02:54,880
Speaker 2: predominantly crystal, is that there is a massive proliferation how

1346
01:02:54,920 --> 01:02:57,640
Speaker 2: many YouTube videos and creators and people out there have

1347
01:02:57,760 --> 01:03:01,960
Speaker 2: built entire brands and spent hours, you know, analyzing the

1348
01:03:02,040 --> 01:03:08,440
Speaker 2: term cisgender, transgender, whatever, queer, whatever drag show is happening,

1349
01:03:08,640 --> 01:03:11,560
Speaker 2: and then didn't talk about what we just did with

1350
01:03:11,760 --> 01:03:13,880
Speaker 2: the test scores. We just spent some time on that,

1351
01:03:14,000 --> 01:03:17,720
Speaker 2: or Samuel Alito and corruption, or China and the Cuba base.

1352
01:03:17,800 --> 01:03:20,240
Speaker 2: We have found and understood that for the vast majority

1353
01:03:20,280 --> 01:03:22,640
Speaker 2: of people, they want to hear more about much more

1354
01:03:22,640 --> 01:03:25,280
Speaker 2: important issues. Sure they will talk. We could talk about

1355
01:03:25,280 --> 01:03:28,440
Speaker 2: trans of which we're doing some stuff here, but that's.

1356
01:03:28,240 --> 01:03:29,640
Speaker 3: Not all they want to hear about.

1357
01:03:29,720 --> 01:03:30,840
Speaker 5: Yeah, that's that's.

1358
01:03:30,680 --> 01:03:33,600
Speaker 3: Where I object to a lot of the discourse looks.

1359
01:03:33,680 --> 01:03:36,520
Speaker 1: I have felt it important in the current climate where

1360
01:03:36,520 --> 01:03:39,800
Speaker 1: there's a lot of legislation being passed. Arkansas law just

1361
01:03:39,800 --> 01:03:42,880
Speaker 1: got struck down by a court there to stand up

1362
01:03:42,920 --> 01:03:46,720
Speaker 1: for trans people's rights to just live and make their

1363
01:03:46,760 --> 01:03:49,720
Speaker 1: own decisions. And I think that that is really critical.

1364
01:03:50,040 --> 01:03:53,240
Speaker 1: But I also think like you're not really doing a

1365
01:03:53,280 --> 01:03:56,080
Speaker 1: lot of that when you're just engaging in this very insular,

1366
01:03:57,040 --> 01:04:01,880
Speaker 1: you know, discourse on Twitter that's just about getting retweets

1367
01:04:01,920 --> 01:04:04,520
Speaker 1: and being me into each other. And there's no like,

1368
01:04:04,680 --> 01:04:06,840
Speaker 1: there's no attempt at a good faith debate that's going

1369
01:04:06,880 --> 01:04:08,800
Speaker 1: on here with any of this. But you know, going

1370
01:04:08,880 --> 01:04:11,280
Speaker 1: back to Elon, it's just another example of the whole

1371
01:04:11,280 --> 01:04:14,200
Speaker 1: free speech idea and let's take Elon out of it.

1372
01:04:15,000 --> 01:04:17,800
Speaker 1: Any billionaire is not going to solve your free speech issues.

1373
01:04:17,880 --> 01:04:20,120
Speaker 1: Like they're just not going to, even if they're well intentioned,

1374
01:04:20,160 --> 01:04:22,600
Speaker 1: even if they have the right commitments. That was another

1375
01:04:22,600 --> 01:04:24,560
Speaker 1: thing Dorsy really pointed out, is like the level of

1376
01:04:24,600 --> 01:04:28,800
Speaker 1: pressure that you're under from advertisers, in particular when the

1377
01:04:28,880 --> 01:04:32,960
Speaker 1: overwhelming bulk of your revenue is still driven by ad dollars.

1378
01:04:33,480 --> 01:04:35,480
Speaker 1: When you have countries that are coming to you and

1379
01:04:35,520 --> 01:04:37,400
Speaker 1: pressuring you and like we're going to shut your whole

1380
01:04:37,400 --> 01:04:40,080
Speaker 1: thing down if you don't do what we want you

1381
01:04:40,120 --> 01:04:43,040
Speaker 1: to do. You can't just leave it to the whims

1382
01:04:43,080 --> 01:04:46,040
Speaker 1: of any one person, whether you like them or hate them,

1383
01:04:46,120 --> 01:04:48,200
Speaker 1: or think they're good or bad or indifferent.

1384
01:04:48,320 --> 01:04:49,640
Speaker 5: It is not going to work out.

1385
01:04:49,680 --> 01:04:54,760
Speaker 3: I'm with you. I'm with you one hundred percent, Crystal.

1386
01:04:54,760 --> 01:04:55,720
Speaker 3: What do you take a look at.

1387
01:04:55,720 --> 01:04:58,840
Speaker 1: Well, devoid of much tangible political progress and stripped of

1388
01:04:58,840 --> 01:05:01,720
Speaker 1: hope that anything could really change. Our politics has mostly

1389
01:05:01,760 --> 01:05:05,680
Speaker 1: collapsed into a competition of vibes. Crafty politicians, recognizing the

1390
01:05:05,760 --> 01:05:09,800
Speaker 1: angry populist moment, they've seized on the anti establishment esthetic,

1391
01:05:10,040 --> 01:05:13,640
Speaker 1: offering appealing contrarian vibes that substitute for an actual platform

1392
01:05:13,680 --> 01:05:16,840
Speaker 1: that really challenges economic elites, where if you can mutter

1393
01:05:16,880 --> 01:05:18,920
Speaker 1: a few magic mantras and get the right people to

1394
01:05:18,960 --> 01:05:20,840
Speaker 1: hate you, then you too can have your moment in

1395
01:05:20,840 --> 01:05:24,760
Speaker 1: the political sun. These fraudulists are seizing on a market opening.

1396
01:05:24,880 --> 01:05:27,880
Speaker 1: A large group of voters are disgusted rightly so with

1397
01:05:27,960 --> 01:05:30,320
Speaker 1: the two major parties and angry with an economy that

1398
01:05:30,320 --> 01:05:33,160
Speaker 1: has failed them for their whole lives. But actually delivering

1399
01:05:33,160 --> 01:05:35,520
Speaker 1: for those voters and standing up to the economic royalists

1400
01:05:35,560 --> 01:05:38,800
Speaker 1: that is so hard. Embracing catchphrases is so easy. So,

1401
01:05:38,840 --> 01:05:41,320
Speaker 1: after having absorbed the political lessons of Trump and burning

1402
01:05:41,320 --> 01:05:43,920
Speaker 1: the itch that both of them scratched, this election season

1403
01:05:43,920 --> 01:05:46,240
Speaker 1: has seen an explosion of candidates who know how to

1404
01:05:46,280 --> 01:05:49,920
Speaker 1: talk the populist talk without actually really walking the walk.

1405
01:05:50,280 --> 01:05:53,160
Speaker 1: I got three examples for you today of politicians left

1406
01:05:53,240 --> 01:05:54,120
Speaker 1: right and center.

1407
01:05:53,960 --> 01:05:55,280
Speaker 5: That this description fits.

1408
01:05:55,520 --> 01:05:58,360
Speaker 1: First, let's start with the least successful and most clownish

1409
01:05:58,480 --> 01:06:02,000
Speaker 1: fraudulalist effort comes courtesy of the folks at No Labels.

1410
01:06:02,000 --> 01:06:02,160
Speaker 4: Now.

1411
01:06:02,160 --> 01:06:04,200
Speaker 1: This is a billionaire back group that is planning a

1412
01:06:04,200 --> 01:06:07,080
Speaker 1: third party run and seeking ballot access in all fifty states.

1413
01:06:07,360 --> 01:06:10,520
Speaker 1: Their website uses all the language of anti establishment third

1414
01:06:10,560 --> 01:06:12,960
Speaker 1: party efforts. They talk about the duopoly, They speak in

1415
01:06:13,080 --> 01:06:16,040
Speaker 1: vague terms about the common sense majority. As we found

1416
01:06:16,040 --> 01:06:18,720
Speaker 1: out though in an interview earlier this week, they're very

1417
01:06:18,760 --> 01:06:22,720
Speaker 1: skittish when you actually ask them about their specific policy views.

1418
01:06:22,760 --> 01:06:23,360
Speaker 5: Just take a listen.

1419
01:06:23,400 --> 01:06:26,680
Speaker 14: Can you get specific about what your complaints, specifically what

1420
01:06:26,880 --> 01:06:30,760
Speaker 14: Joe Biden are, and how your theoretical candidate would reflect

1421
01:06:30,800 --> 01:06:33,120
Speaker 14: a different policy valance than with the Biden administration, which

1422
01:06:33,120 --> 01:06:34,880
Speaker 14: I view is very centrist and very moderate, which is

1423
01:06:34,880 --> 01:06:36,560
Speaker 14: you guys's brand what they've put forward.

1424
01:06:36,800 --> 01:06:39,160
Speaker 15: So this is something that we've been very clear about

1425
01:06:39,240 --> 01:06:41,320
Speaker 15: since the beginning, which is we are not doing this

1426
01:06:41,400 --> 01:06:44,560
Speaker 15: because of subjective judgment about how good or bad Biden

1427
01:06:44,640 --> 01:06:46,720
Speaker 15: is or a judgment about Trump. What we're doing is

1428
01:06:46,720 --> 01:06:48,640
Speaker 15: something that nobody else in the political system seems to

1429
01:06:48,680 --> 01:06:50,680
Speaker 15: be doing, which is actually just responding to what the

1430
01:06:50,680 --> 01:06:51,920
Speaker 15: public clearly wants.

1431
01:06:51,960 --> 01:06:52,160
Speaker 5: Now.

1432
01:06:52,400 --> 01:06:55,320
Speaker 15: They have obviously different reasons for not liking Trump right

1433
01:06:55,320 --> 01:06:57,440
Speaker 15: now or not liking Biden, but the one thing we

1434
01:06:57,440 --> 01:07:00,040
Speaker 15: can anchor in is that they want a better choice

1435
01:07:00,120 --> 01:07:02,720
Speaker 15: and in our view, having the ballot and in July

1436
01:07:02,760 --> 01:07:04,880
Speaker 15: we're actually going to be putting out some ideas. What

1437
01:07:04,960 --> 01:07:06,640
Speaker 15: that's going to finally do for the first time in

1438
01:07:06,680 --> 01:07:09,040
Speaker 15: a long time is there's this huge common sense majority

1439
01:07:09,160 --> 01:07:11,880
Speaker 15: in this country that gets ignored that both parties don't

1440
01:07:11,880 --> 01:07:13,160
Speaker 15: feel like they have to be accountable to.

1441
01:07:13,360 --> 01:07:16,680
Speaker 1: It's no accident that No Labels actively avoid specific critiques

1442
01:07:16,680 --> 01:07:18,560
Speaker 1: of Biden or of Trump, preferring to live in the

1443
01:07:18,640 --> 01:07:21,880
Speaker 1: mushy language of common sense and unity because the billionaire

1444
01:07:21,920 --> 01:07:26,160
Speaker 1: backed agenda that they actually support is wildly unpopular. We

1445
01:07:26,280 --> 01:07:28,600
Speaker 1: know that because we can see from their allies and

1446
01:07:28,640 --> 01:07:32,040
Speaker 1: from their track record where their commitments truly lie. No

1447
01:07:32,120 --> 01:07:34,960
Speaker 1: Label's favorite centerra kureson Cinema. She went to the mat

1448
01:07:35,120 --> 01:07:38,960
Speaker 1: to protect the private equity Bonanza carried interest loophole. Another

1449
01:07:39,040 --> 01:07:42,160
Speaker 1: No Labels darling, Joe Manchin, he blocked tax hikes on

1450
01:07:42,240 --> 01:07:45,800
Speaker 1: the rich. Josh gottheimer of the No Labels allied problem

1451
01:07:45,840 --> 01:07:48,720
Speaker 1: Solver's caucus. He was ready to blow everything up to

1452
01:07:48,800 --> 01:07:52,680
Speaker 1: reinstate the salt tax deduction for the rich. Their allies

1453
01:07:52,680 --> 01:07:55,520
Speaker 1: have been among the most slavishly devoted to protecting corporate

1454
01:07:55,520 --> 01:07:58,720
Speaker 1: interests and low taxes for the wealthy. Telling Lee No

1455
01:07:58,800 --> 01:08:02,240
Speaker 1: Labels complains about Repotublicans and Democrats being behold into special interests,

1456
01:08:02,560 --> 01:08:05,240
Speaker 1: but then they refuse to disclose their own donors, And

1457
01:08:05,280 --> 01:08:07,320
Speaker 1: to be honest with you, I'm kind of confused about

1458
01:08:07,360 --> 01:08:09,960
Speaker 1: their twenty twenty four tactics, but their goals are really clear.

1459
01:08:10,280 --> 01:08:13,600
Speaker 1: They want to use majoritarian rhetoric to Trojan Horse in

1460
01:08:13,640 --> 01:08:16,320
Speaker 1: an agenda that is even more pro corporate than what

1461
01:08:16,439 --> 01:08:20,120
Speaker 1: Biden or Trump would actually enact, the polar opposite of

1462
01:08:20,160 --> 01:08:23,639
Speaker 1: what the American people truly want. Next up, we've got

1463
01:08:23,640 --> 01:08:26,080
Speaker 1: the right wing mode of fraudulism, which has been embraced

1464
01:08:26,120 --> 01:08:28,360
Speaker 1: by quite a few prominent figures, but is articulated in

1465
01:08:28,400 --> 01:08:31,400
Speaker 1: its most pristine form by the vech Framaswami of a

1466
01:08:31,479 --> 01:08:33,840
Speaker 1: veck in DeSantis, among others. They've used the cloak of

1467
01:08:33,880 --> 01:08:36,960
Speaker 1: wokeness to posture as anti corporate while boosting what is

1468
01:08:37,000 --> 01:08:39,480
Speaker 1: truly a thoroughly corporate friendly ideology.

1469
01:08:39,640 --> 01:08:40,320
Speaker 4: Just take a listen.

1470
01:08:40,680 --> 01:08:43,120
Speaker 12: So, in a nutshell, here's how it worked. Wall Street

1471
01:08:43,240 --> 01:08:46,000
Speaker 12: got in bed with a bunch of woke millennials. Together

1472
01:08:46,200 --> 01:08:49,200
Speaker 12: they birth woke capitalism, and of course they put Occupy

1473
01:08:49,240 --> 01:08:51,000
Speaker 12: Wall Street up for adoption. You don't even know what

1474
01:08:51,000 --> 01:08:51,599
Speaker 12: that is anymore.

1475
01:08:51,760 --> 01:08:52,840
Speaker 3: That's the Wall Street edition.

1476
01:08:53,720 --> 01:08:55,639
Speaker 12: As it turns out, there's a really similar backroom deal

1477
01:08:55,680 --> 01:08:57,760
Speaker 12: playing out in the other coast, in Silicon Valley as well.

1478
01:08:57,800 --> 01:08:59,000
Speaker 3: And here's the way it works over there.

1479
01:09:00,120 --> 01:09:04,320
Speaker 12: Woke activists demand that big Tech censors political views that

1480
01:09:04,360 --> 01:09:07,800
Speaker 12: they don't like, and in return, the left degrees to

1481
01:09:07,880 --> 01:09:11,360
Speaker 12: leave big Tech's monopoly power in tact. And again it

1482
01:09:11,439 --> 01:09:15,280
Speaker 12: is working masterfully for both sides. That is how this

1483
01:09:15,320 --> 01:09:18,599
Speaker 12: new arranged marriage works. This is not a marriage of love.

1484
01:09:19,080 --> 01:09:22,759
Speaker 12: This is more like mutual prostitution. And it is working.

1485
01:09:23,600 --> 01:09:26,960
Speaker 12: And the net result is the rise of America's newest leviathan,

1486
01:09:27,200 --> 01:09:30,360
Speaker 12: the woke industrial complex. It is no longer just Wall Street,

1487
01:09:30,560 --> 01:09:32,880
Speaker 12: it is no longer just Silicon Valley. It is the

1488
01:09:33,040 --> 01:09:35,360
Speaker 12: entirety of corporate America as we know it.

1489
01:09:35,520 --> 01:09:37,479
Speaker 1: This is actually pretty clever trick, which I talked about

1490
01:09:37,479 --> 01:09:39,960
Speaker 1: a greater length than an earlier monologue breaking down Vivek's

1491
01:09:40,000 --> 01:09:44,800
Speaker 1: interview with Jordan Peterson. Basically, embrace anti corporate language, but

1492
01:09:44,920 --> 01:09:47,200
Speaker 1: instead of looking to address their power group on the

1493
01:09:47,280 --> 01:09:50,599
Speaker 1: nation through antitrust, getting money out of politics, boosting unions

1494
01:09:50,600 --> 01:09:52,559
Speaker 1: and the like, you hit them on nothing more than

1495
01:09:52,560 --> 01:09:56,120
Speaker 1: their fake diversity and environmental virtue signaling. You can see

1496
01:09:56,120 --> 01:09:58,639
Speaker 1: this playing out right now with outrage over targets, meaningless

1497
01:09:58,680 --> 01:10:01,320
Speaker 1: pride displays or bud lights use of a trans influencer.

1498
01:10:01,840 --> 01:10:04,240
Speaker 4: Do you think these companies actually care.

1499
01:10:04,320 --> 01:10:08,080
Speaker 1: One bit about LGBTQ allyship, of course they don't. They

1500
01:10:08,120 --> 01:10:09,880
Speaker 1: just stopped marketing to the queer community was a good

1501
01:10:09,920 --> 01:10:12,840
Speaker 1: money making strategy. You're not putting even a tiny dent

1502
01:10:13,040 --> 01:10:15,599
Speaker 1: in their social and political power by fixating on their

1503
01:10:15,640 --> 01:10:18,240
Speaker 1: meaningless gestures, but it is a brilliant way to keep

1504
01:10:18,240 --> 01:10:21,280
Speaker 1: your big donors and still maintain your populist aesthetic. Now

1505
01:10:21,320 --> 01:10:23,320
Speaker 1: Viveck has actually made a whole career on a opposing

1506
01:10:23,360 --> 01:10:26,559
Speaker 1: so called ESG, even launched his own fund pressure companies

1507
01:10:26,600 --> 01:10:30,479
Speaker 1: into strictly pursuing short term profit maximization without the fake

1508
01:10:30,560 --> 01:10:32,800
Speaker 1: liberal values. But if it needs to be spelled out,

1509
01:10:33,000 --> 01:10:36,640
Speaker 1: forcing companies to only maximize profit is not exactly the

1510
01:10:36,680 --> 01:10:38,840
Speaker 1: revolutionary stance they might want us to think it is,

1511
01:10:39,200 --> 01:10:42,120
Speaker 1: But Vecan has held posture like their opposing capital, when

1512
01:10:42,120 --> 01:10:45,040
Speaker 1: in reality they're just demanding capital be as psychopathically committed

1513
01:10:45,040 --> 01:10:47,559
Speaker 1: to the bottom line as possible. Now, if your biggest

1514
01:10:47,560 --> 01:10:50,240
Speaker 1: beef with Corporate America is a Pride Month display, your

1515
01:10:50,280 --> 01:10:53,000
Speaker 1: biggest problem with Wall Street is some diversity hires, and

1516
01:10:53,000 --> 01:10:55,640
Speaker 1: your biggest complaint about the military industrial complex is some

1517
01:10:55,720 --> 01:10:58,680
Speaker 1: inclusion training, you have completely missed the point, and your

1518
01:10:58,680 --> 01:11:02,559
Speaker 1: phony critique challenges absolutely nothing. And that brings me to

1519
01:11:02,640 --> 01:11:05,120
Speaker 1: the weird world of the online left mode of faux

1520
01:11:05,160 --> 01:11:07,519
Speaker 1: populism as represented by RFK Junior.

1521
01:11:07,680 --> 01:11:09,200
Speaker 4: Now listen, on a personal.

1522
01:11:08,920 --> 01:11:10,960
Speaker 1: Level, I actually really like Bobby, and for what it's worth,

1523
01:11:11,040 --> 01:11:13,880
Speaker 1: he strikes me as truly sincere. But it has become increasingly

1524
01:11:13,920 --> 01:11:16,280
Speaker 1: clear we share very little in terms of a commitment

1525
01:11:16,320 --> 01:11:19,719
Speaker 1: to checking corporate power and restoring power to the working class.

1526
01:11:20,040 --> 01:11:22,320
Speaker 1: His approach, though, has been the most successful by far

1527
01:11:22,400 --> 01:11:24,720
Speaker 1: in finding appeal. I think because of his sincerity and

1528
01:11:24,760 --> 01:11:28,559
Speaker 1: because it contains a few truly anti establishment positions, namely

1529
01:11:28,680 --> 01:11:31,519
Speaker 1: his stated desire to end military aid to Ukraine, to

1530
01:11:31,600 --> 01:11:35,360
Speaker 1: combat online censorship and to challenge big pharma. But if

1531
01:11:35,360 --> 01:11:37,880
Speaker 1: you ask him any questions on economics, he will probably

1532
01:11:37,880 --> 01:11:40,640
Speaker 1: tell you he is a quote radical free marketeer, and

1533
01:11:40,720 --> 01:11:42,799
Speaker 1: that is music to the ears of every Wall.

1534
01:11:42,640 --> 01:11:44,200
Speaker 5: Street goual and corporate profiteer.

1535
01:11:44,600 --> 01:11:46,800
Speaker 1: He is not sure what the minimum wage should be,

1536
01:11:47,040 --> 01:11:49,439
Speaker 1: won't fight for Medicare for all, doesn't know what he

1537
01:11:49,479 --> 01:11:52,439
Speaker 1: thinks about UBI and a federal jobs guarantee, and he

1538
01:11:52,520 --> 01:11:55,400
Speaker 1: will signal verbal support for unions, but hasn't laid out

1539
01:11:55,439 --> 01:11:59,120
Speaker 1: an actual plan to reverse decades of union density decline.

1540
01:11:59,320 --> 01:12:01,479
Speaker 1: No wonder his it is received backing from a number

1541
01:12:01,479 --> 01:12:04,799
Speaker 1: of prominent billionaires. When Brianna Joy Gray recently asked about

1542
01:12:04,800 --> 01:12:07,120
Speaker 1: his support from those billionaires and whether he would accept

1543
01:12:07,160 --> 01:12:09,719
Speaker 1: corporate pack money, r F. K. Junior ended up sounding

1544
01:12:09,800 --> 01:12:12,519
Speaker 1: exactly like Nancy Pelosi, declaring that he's got to raise

1545
01:12:12,520 --> 01:12:14,759
Speaker 1: as much as possible, no matter the potential corruption.

1546
01:12:15,040 --> 01:12:15,920
Speaker 9: I'm going to tell you this.

1547
01:12:16,240 --> 01:12:20,960
Speaker 16: I'm not allowed to coordinate with our superbacks, but it's

1548
01:12:21,120 --> 01:12:23,040
Speaker 16: I think, you know, and Bernie was able to do,

1549
01:12:23,160 --> 01:12:25,000
Speaker 16: as you said, raise a lot of money, and I

1550
01:12:25,000 --> 01:12:27,000
Speaker 16: think Obama raised a lot of money. And that's what

1551
01:12:27,000 --> 01:12:30,080
Speaker 16: I'm going to focus on from small donors about you know,

1552
01:12:30,240 --> 01:12:33,479
Speaker 16: if you're a superback, I you know, the law is

1553
01:12:33,520 --> 01:12:36,160
Speaker 16: just wrong in our country, but it's hard to you know,

1554
01:12:36,880 --> 01:12:40,639
Speaker 16: We're at some point you have to say, Okay, I'm

1555
01:12:40,640 --> 01:12:42,840
Speaker 16: going to play by the rules as they are given

1556
01:12:42,880 --> 01:12:44,439
Speaker 16: to us. I'm not going to you know, I'm not

1557
01:12:44,479 --> 01:12:46,200
Speaker 16: going to bring a knife to a gunfight.

1558
01:12:46,479 --> 01:12:51,280
Speaker 1: Even on RFK Junior's supposedly core anti establishment positions, Bobby's

1559
01:12:51,280 --> 01:12:53,759
Speaker 1: opposition to the Ukraine War is not matched by similar

1560
01:12:53,800 --> 01:12:56,759
Speaker 1: critique of US Empire. He's made some pretty eyebrow raising

1561
01:12:56,760 --> 01:13:00,200
Speaker 1: comments about China and notably upholds the pro Israel line

1562
01:13:00,240 --> 01:13:02,200
Speaker 1: of every American present from both parties.

1563
01:13:02,600 --> 01:13:03,400
Speaker 5: And if he thinks that.

1564
01:13:03,400 --> 01:13:05,800
Speaker 1: Cutting the defense budget in any meaningful way will be

1565
01:13:05,880 --> 01:13:08,479
Speaker 1: any easier than say, passing Medicare for all, is really

1566
01:13:08,520 --> 01:13:11,559
Speaker 1: got another thing coming on r of K Junior's life's work,

1567
01:13:11,560 --> 01:13:14,320
Speaker 1: which is raging against big pharma, correctly pointing out their

1568
01:13:14,320 --> 01:13:18,240
Speaker 1: corruption but incorrectly pushing fat free claims that vaccines cause autism.

1569
01:13:18,640 --> 01:13:19,519
Speaker 4: Even on this.

1570
01:13:19,439 --> 01:13:22,479
Speaker 1: Core issue, he would keep the current discussing system intact.

1571
01:13:22,800 --> 01:13:25,880
Speaker 1: When I asked about checking pharma through nationalizing the industry

1572
01:13:25,880 --> 01:13:28,919
Speaker 1: at least creating a public pharma option. He immediately rejected

1573
01:13:28,920 --> 01:13:32,600
Speaker 1: those solutions as contrary to his free market commitment on censorship,

1574
01:13:32,640 --> 01:13:35,160
Speaker 1: Bobby seems to embrace the right wing concept of fighting

1575
01:13:35,240 --> 01:13:38,280
Speaker 1: censorship by finding the correct billionaires to control platforms, and

1576
01:13:38,320 --> 01:13:41,760
Speaker 1: that strategy has utterly failed under Elon, rather than advocating

1577
01:13:41,760 --> 01:13:44,839
Speaker 1: for a more fundamental solution that would devolve content moderation

1578
01:13:44,960 --> 01:13:47,400
Speaker 1: to the people. So to sum up, based on what

1579
01:13:47,439 --> 01:13:50,720
Speaker 1: we've heard so far, under RFK Junior, billionaires keep their

1580
01:13:50,720 --> 01:13:53,880
Speaker 1: social media playthings, big Pharma continues to pillage and at

1581
01:13:53,960 --> 01:13:56,519
Speaker 1: least some of the most damaging and hypocritical aspects of

1582
01:13:56,520 --> 01:13:58,320
Speaker 1: the American war regime march on.

1583
01:13:58,960 --> 01:13:59,360
Speaker 4: Like Trump.

1584
01:13:59,400 --> 01:14:01,920
Speaker 1: However, the right people hate RFK, and so that's enough

1585
01:14:01,920 --> 01:14:04,120
Speaker 1: for many to love them without troubling themselves too much

1586
01:14:04,280 --> 01:14:06,600
Speaker 1: with the details. Although to be honest, a lot of

1587
01:14:06,600 --> 01:14:09,080
Speaker 1: his online support is from the libertarian and nationalists right,

1588
01:14:09,120 --> 01:14:12,280
Speaker 1: so RFK Junior's comfort with billionaires and corporate power won't

1589
01:14:12,320 --> 01:14:14,759
Speaker 1: necessarily be a problem for them. As for the normy

1590
01:14:14,760 --> 01:14:17,280
Speaker 1: Democrats who are disgusted with Biden and enthused by the

1591
01:14:17,320 --> 01:14:19,960
Speaker 1: Kennedy name, too early to say how they're going to

1592
01:14:19,960 --> 01:14:22,160
Speaker 1: respond once they actually tune in to his pitch.

1593
01:14:22,560 --> 01:14:23,479
Speaker 5: So there you have it.

1594
01:14:23,800 --> 01:14:26,559
Speaker 1: Lots of billionaire backed anti estabtion vibes the cycle. And

1595
01:14:26,600 --> 01:14:28,680
Speaker 1: my advice for you for what it's worth is to

1596
01:14:28,680 --> 01:14:31,200
Speaker 1: know what you believe in, make sure you demand specifics,

1597
01:14:31,479 --> 01:14:34,639
Speaker 1: don't get distracted by surface level critiques, and as always,

1598
01:14:34,840 --> 01:14:38,559
Speaker 1: follow the money. Any candidate or cause billionaires are lining

1599
01:14:38,600 --> 01:14:41,120
Speaker 1: up to support should be a pretty large red flag.

1600
01:14:41,439 --> 01:14:43,840
Speaker 1: Don't fall for the cheap and easy mental shortcut of

1601
01:14:43,920 --> 01:14:47,000
Speaker 1: just looking for who most triggers the Libs and I

1602
01:14:47,000 --> 01:14:49,080
Speaker 1: guess in the way it's like a vict And if.

1603
01:14:48,960 --> 01:14:51,679
Speaker 2: You want to hear my reaction to Crystal's monologue, become

1604
01:14:51,680 --> 01:14:54,480
Speaker 2: a premum subscriber today at breakingpoints dot.

1605
01:14:54,200 --> 01:14:59,160
Speaker 4: Com, all right, Sager were looking at it well.

1606
01:14:59,080 --> 01:15:01,760
Speaker 2: As everyone knows. I absolutely love all the emerging data

1607
01:15:01,760 --> 01:15:04,800
Speaker 2: on mobility of workers during the pandemic. There's something very

1608
01:15:04,840 --> 01:15:07,800
Speaker 2: inspiring to me about picking up and trying something else.

1609
01:15:08,000 --> 01:15:10,880
Speaker 2: It's basically the essence of the American story. Before COVID,

1610
01:15:10,960 --> 01:15:13,920
Speaker 2: things were getting very stagnant. For my taste, the ability

1611
01:15:13,920 --> 01:15:15,800
Speaker 2: to vote with your feet and with your dollars as

1612
01:15:15,800 --> 01:15:18,360
Speaker 2: to where you call home is and remains a luxury

1613
01:15:18,439 --> 01:15:20,880
Speaker 2: not available to everyone, but it does also tell us

1614
01:15:20,920 --> 01:15:23,200
Speaker 2: a lot about what the future of America looks like

1615
01:15:23,439 --> 01:15:26,160
Speaker 2: and the impacts on our elections. The work from home

1616
01:15:26,240 --> 01:15:30,840
Speaker 2: revolution for the white collar sector has fundamentally transformed geographic

1617
01:15:30,880 --> 01:15:34,160
Speaker 2: distribution across the United States. Has also changed the reason

1618
01:15:34,360 --> 01:15:36,479
Speaker 2: for why people even move in the first place. Look

1619
01:15:36,520 --> 01:15:39,639
Speaker 2: at this chart before twenty twenty, in person workers far

1620
01:15:39,760 --> 01:15:43,599
Speaker 2: outpaced remote workers in moving in prior year. In other words,

1621
01:15:43,600 --> 01:15:47,760
Speaker 2: the primary reason for relocation pre COVID was proximity to

1622
01:15:47,840 --> 01:15:51,519
Speaker 2: a job, not necessarily somewhere you wanted to live. But

1623
01:15:51,600 --> 01:15:55,000
Speaker 2: during COVID and after that it has changed completely. Remote

1624
01:15:55,040 --> 01:15:57,880
Speaker 2: workers are now far more likely to move. But that's

1625
01:15:57,920 --> 01:16:00,160
Speaker 2: not the only story. It is that not just are

1626
01:16:00,240 --> 01:16:03,360
Speaker 2: likely to move, it's from where and where to. It's

1627
01:16:03,400 --> 01:16:06,000
Speaker 2: a meme at this point to talk about Austin and Nashville.

1628
01:16:06,080 --> 01:16:07,800
Speaker 2: But some of the cities that people have left and

1629
01:16:07,840 --> 01:16:10,400
Speaker 2: have chosen to move to may surprise you. Let's dive

1630
01:16:10,439 --> 01:16:12,559
Speaker 2: in as you can see here as a familiar story.

1631
01:16:12,680 --> 01:16:16,280
Speaker 2: San Francisco, San Jose, New York, Los Angeles, Chicago. They

1632
01:16:16,280 --> 01:16:19,439
Speaker 2: got destroyed by work from home, rising crime, cost of living,

1633
01:16:19,600 --> 01:16:21,800
Speaker 2: loss of amenities cause a lot of people to say,

1634
01:16:21,920 --> 01:16:24,680
Speaker 2: screw it, not worth it. Of course, Austin is high

1635
01:16:24,720 --> 01:16:26,720
Speaker 2: up on the list, so is Nashville, But it may

1636
01:16:26,760 --> 01:16:29,800
Speaker 2: surprise you to see Denver, Colorado is actually much higher

1637
01:16:29,880 --> 01:16:35,679
Speaker 2: up than Nashville. Other cities Raleigh, Portland, Richmond, Dallas, Sacramento, Boston,

1638
01:16:35,840 --> 01:16:38,880
Speaker 2: Minneapolis all had positive population.

1639
01:16:38,479 --> 01:16:39,799
Speaker 3: Growth from remote workers.

1640
01:16:40,080 --> 01:16:42,080
Speaker 2: Now let me insert the caveat to this I always

1641
01:16:42,120 --> 01:16:44,799
Speaker 2: give right now, it is not available to most people.

1642
01:16:44,880 --> 01:16:47,320
Speaker 2: In fact, remote work data shows that those who can

1643
01:16:47,360 --> 01:16:50,920
Speaker 2: work remotely have much higher incomes than average, and thus

1644
01:16:51,000 --> 01:16:53,639
Speaker 2: what looks like a deal to them would also price

1645
01:16:53,800 --> 01:16:56,360
Speaker 2: much higher than normal in a non major metro area,

1646
01:16:56,600 --> 01:16:58,800
Speaker 2: and prices out residents who have lived there for a

1647
01:16:58,840 --> 01:17:02,519
Speaker 2: long time up rents dramatically. Thus remote work is not

1648
01:17:02,600 --> 01:17:06,200
Speaker 2: just a white collar phenomenon. It's really the highest earners even.

1649
01:17:05,960 --> 01:17:07,040
Speaker 3: Of white collar jobs.

1650
01:17:07,400 --> 01:17:10,240
Speaker 2: Now though, the next analysis where things get equally interesting.

1651
01:17:10,479 --> 01:17:12,960
Speaker 2: When people pick up and move, do they move states

1652
01:17:13,080 --> 01:17:15,240
Speaker 2: or do they just move slightly away from where they

1653
01:17:15,280 --> 01:17:20,280
Speaker 2: already do? This entirely depends on job condition. Fully, remote workers,

1654
01:17:20,320 --> 01:17:21,920
Speaker 2: of course, are able to pick up and to move

1655
01:17:21,960 --> 01:17:24,559
Speaker 2: wherever they felt the cost of living. Most aligned with

1656
01:17:24,600 --> 01:17:27,879
Speaker 2: their ideal space. In other words, more like true freedom.

1657
01:17:28,160 --> 01:17:31,479
Speaker 2: Other workers, though more akin to hybrid workers, are very different.

1658
01:17:32,040 --> 01:17:34,599
Speaker 2: They are more likely to accept now a longer commute

1659
01:17:34,640 --> 01:17:36,960
Speaker 2: than before because they are now required to only go

1660
01:17:37,000 --> 01:17:39,960
Speaker 2: into the office, possibly a few times a month. Similarly,

1661
01:17:40,080 --> 01:17:43,080
Speaker 2: remote work has really changed space needs. When I was

1662
01:17:43,120 --> 01:17:44,920
Speaker 2: younger and I was living in DC, at one point

1663
01:17:44,960 --> 01:17:46,880
Speaker 2: I lived in a house with nine other guys. We

1664
01:17:46,960 --> 01:17:49,320
Speaker 2: all had our own bedrooms and a single common area.

1665
01:17:49,520 --> 01:17:51,479
Speaker 2: Here's the thing, though, it wasn't that bad. We all

1666
01:17:51,560 --> 01:17:54,120
Speaker 2: worked like crazy at any given time, only when four

1667
01:17:54,160 --> 01:17:57,000
Speaker 2: people were actually there. It was mostly a crash pad

1668
01:17:57,080 --> 01:18:00,960
Speaker 2: for career driven young professionals. That model, though, is increasingly dying,

1669
01:18:01,240 --> 01:18:03,439
Speaker 2: because if I was twenty five and in a job today,

1670
01:18:03,560 --> 01:18:06,120
Speaker 2: the odds are i'd probably be working from home at

1671
01:18:06,200 --> 01:18:08,639
Speaker 2: least a little bit. And if I was, I can't

1672
01:18:08,640 --> 01:18:10,719
Speaker 2: just have a tiny bedroom which leaks when it rains.

1673
01:18:11,000 --> 01:18:13,479
Speaker 2: You need a little bit of space, and what new

1674
01:18:13,560 --> 01:18:16,479
Speaker 2: housing demand is showing us is exactly that. While two

1675
01:18:16,479 --> 01:18:19,839
Speaker 2: people may have lived together previously as roommates, increasingly remote

1676
01:18:19,840 --> 01:18:22,960
Speaker 2: workers are spending more on rent and on mortgages because

1677
01:18:23,000 --> 01:18:26,200
Speaker 2: they need more space. This poses a couple of challenges,

1678
01:18:26,240 --> 01:18:29,200
Speaker 2: but conceivably you could have had a married couple previously

1679
01:18:29,439 --> 01:18:32,960
Speaker 2: which only has a two bedroom house now though may

1680
01:18:33,000 --> 01:18:37,080
Speaker 2: need four simply because they need two workspaces. This further

1681
01:18:37,240 --> 01:18:40,400
Speaker 2: increases the premium on land and development and on existing

1682
01:18:40,400 --> 01:18:43,839
Speaker 2: housing stock, pushing prices further up. It actually would explain

1683
01:18:43,920 --> 01:18:48,759
Speaker 2: precisely why, despite astronomical increases and mortgage rates, housing prices

1684
01:18:48,840 --> 01:18:51,880
Speaker 2: have not fallen and are in fact still continuing to rise.

1685
01:18:52,200 --> 01:18:56,200
Speaker 2: The demand for housing so far outstrips supply, especially at

1686
01:18:56,200 --> 01:18:58,559
Speaker 2: the higher end of the price sector. It is still

1687
01:18:58,640 --> 01:19:00,800
Speaker 2: a good buy right now. It is something that you

1688
01:19:00,880 --> 01:19:02,800
Speaker 2: really need. So what do we do with all this

1689
01:19:03,120 --> 01:19:05,519
Speaker 2: few things? We could have just let it continue it is,

1690
01:19:05,840 --> 01:19:08,040
Speaker 2: But as I said before, I think it's a bad idea.

1691
01:19:08,160 --> 01:19:09,200
Speaker 3: It's not really fair to.

1692
01:19:09,160 --> 01:19:12,000
Speaker 2: People in desirable remote work cities like Boise, Idaho, or

1693
01:19:12,080 --> 01:19:15,160
Speaker 2: Nashville or Tampa. The real estate costs are going so

1694
01:19:15,320 --> 01:19:17,840
Speaker 2: sky high with a little planned I really do anything

1695
01:19:17,880 --> 01:19:20,320
Speaker 2: about it. Furthermore, it's not fair to people who work

1696
01:19:20,320 --> 01:19:22,519
Speaker 2: in the trades who would probably love to move they

1697
01:19:22,560 --> 01:19:25,240
Speaker 2: could but can't because there of course tethered to the land.

1698
01:19:25,520 --> 01:19:28,400
Speaker 2: It's also not fair to everyone in between, those who

1699
01:19:28,479 --> 01:19:30,960
Speaker 2: will now be competing for the same housing stock and

1700
01:19:31,120 --> 01:19:34,000
Speaker 2: likely pushed down in price. Overall, I think we need

1701
01:19:34,040 --> 01:19:36,560
Speaker 2: a major federal program to make things less las a

1702
01:19:36,640 --> 01:19:39,200
Speaker 2: fair and more targeted right now. For example, the sun

1703
01:19:39,240 --> 01:19:41,760
Speaker 2: Belt is blown up, which is great, It's where I

1704
01:19:41,800 --> 01:19:45,520
Speaker 2: grew up after all. But the industrial Midwest it's still hemorrhaging.

1705
01:19:45,760 --> 01:19:48,280
Speaker 2: With the right ideas investment, maybe we could make those

1706
01:19:48,320 --> 01:19:51,040
Speaker 2: cities just as desirable. We could spread the population around

1707
01:19:51,080 --> 01:19:53,600
Speaker 2: areas that were once thriving. The original promise of the

1708
01:19:53,640 --> 01:19:56,360
Speaker 2: American West was anyone could pick up and take a

1709
01:19:56,439 --> 01:19:58,280
Speaker 2: chance out there. We need to get back to that

1710
01:19:58,320 --> 01:20:01,200
Speaker 2: spirit if we wish to recapture the feeling of possibility

1711
01:20:01,200 --> 01:20:03,759
Speaker 2: that pervaded this country at that time, and to reclaim

1712
01:20:03,800 --> 01:20:06,240
Speaker 2: any real chance that we have at a revival. I

1713
01:20:06,280 --> 01:20:08,320
Speaker 2: think it's really interesting looking at all this, and.

1714
01:20:08,200 --> 01:20:10,880
Speaker 1: If you want to hear my reaction to Sager's monologue,

1715
01:20:10,920 --> 01:20:17,160
Speaker 1: become a premium subscriber today at breakingpoints dot com. So

1716
01:20:17,200 --> 01:20:20,320
Speaker 1: the FTC is upping the anti against Amazon. Let's put

1717
01:20:20,320 --> 01:20:21,760
Speaker 1: this up on the screen from the New York Times.

1718
01:20:21,800 --> 01:20:25,120
Speaker 1: Their headline here is FTC sues Amazon for tricking users

1719
01:20:25,160 --> 01:20:28,479
Speaker 1: into subscribing to Prime. The lawsuit is the first time

1720
01:20:28,520 --> 01:20:30,760
Speaker 1: that the Federal Trade Commission, under its chair Lena Khan,

1721
01:20:30,920 --> 01:20:34,000
Speaker 1: has taken Amazon to court. We have the perfect person

1722
01:20:34,040 --> 01:20:37,559
Speaker 1: to break down what exactly this action means. We've got

1723
01:20:37,600 --> 01:20:39,920
Speaker 1: Matt Stoller's the director of research at the American Economic

1724
01:20:40,000 --> 01:20:43,600
Speaker 1: Liwerties Project and also author of The Big Substack. So

1725
01:20:43,800 --> 01:20:45,760
Speaker 1: just give us a sense of what this is all

1726
01:20:45,800 --> 01:20:47,439
Speaker 1: about in some of the details that we're contained in

1727
01:20:47,439 --> 01:20:48,000
Speaker 1: this lawsuit.

1728
01:20:48,280 --> 01:20:51,520
Speaker 13: Basically, this is a lawsuit about how it's almost impossible

1729
01:20:51,560 --> 01:20:55,360
Speaker 13: to cancel your Prime subscription because Amazon has all sorts

1730
01:20:55,400 --> 01:20:59,360
Speaker 13: of tricks and traps to keep you keep you subscribed.

1731
01:20:59,760 --> 01:21:03,080
Speaker 13: And it was when you read the complaint, it's kind

1732
01:21:03,120 --> 01:21:06,439
Speaker 13: of it's kind of amazing that Amazon has an internal

1733
01:21:06,600 --> 01:21:10,320
Speaker 13: name for the process of canceling Prime called Project Iliad,

1734
01:21:10,800 --> 01:21:14,719
Speaker 13: which is the long it's a stort, the Greek story

1735
01:21:14,760 --> 01:21:15,080
Speaker 13: about the.

1736
01:21:15,080 --> 01:21:17,080
Speaker 9: Long you know, the Trojan War and how long and

1737
01:21:17,120 --> 01:21:17,920
Speaker 9: difficult it was.

1738
01:21:18,600 --> 01:21:24,240
Speaker 13: And so it's it's a consumer deception claim about Amazon

1739
01:21:24,400 --> 01:21:27,240
Speaker 13: trying to you know, they also trick people into signing

1740
01:21:27,320 --> 01:21:30,680
Speaker 13: up in certain ways, but it's it's essentially it's like

1741
01:21:31,320 --> 01:21:35,760
Speaker 13: the user interface deceptive claim, but behind it is this

1742
01:21:35,960 --> 01:21:40,240
Speaker 13: recognition that Prime is a really core part of how

1743
01:21:40,280 --> 01:21:46,160
Speaker 13: Amazon runs its business and also controls pricing almost throughout

1744
01:21:46,200 --> 01:21:49,160
Speaker 13: the entire economy. And that is what I find really

1745
01:21:49,160 --> 01:21:50,280
Speaker 13: interesting about the problem.

1746
01:21:50,439 --> 01:21:53,200
Speaker 2: Yeah, so that's You've done a very popular segment here

1747
01:21:53,240 --> 01:21:55,680
Speaker 2: for us before on Prime. Can you explain some of

1748
01:21:55,720 --> 01:21:58,720
Speaker 2: the issues with Prime from an anti competitive perspective?

1749
01:21:58,840 --> 01:22:00,960
Speaker 3: From so much more just telling get into it with us?

1750
01:22:01,320 --> 01:22:01,559
Speaker 9: Right?

1751
01:22:01,640 --> 01:22:03,759
Speaker 13: So Prime is about one hundred and fifty two hundred

1752
01:22:03,800 --> 01:22:08,679
Speaker 13: million members and Amazon gets about twenty five billion dollars

1753
01:22:08,720 --> 01:22:11,559
Speaker 13: a year in subscription revenue from Prime. But that's not

1754
01:22:11,640 --> 01:22:15,200
Speaker 13: really that money is not what Prime is about. Prime

1755
01:22:15,320 --> 01:22:20,120
Speaker 13: is a market allocation mechanism. So Amazon, when you sign

1756
01:22:20,160 --> 01:22:22,679
Speaker 13: up for Prime, you start ordering a lot more stuff

1757
01:22:22,720 --> 01:22:27,719
Speaker 13: through Amazon, and then that gives Amazon power over entities

1758
01:22:27,720 --> 01:22:29,680
Speaker 13: that want to sell you stuff. So if you have

1759
01:22:29,720 --> 01:22:34,040
Speaker 13: one hundred and fifty million Prime members, Amazon can then

1760
01:22:34,160 --> 01:22:37,719
Speaker 13: go to every consumer package good company, every sneaker company,

1761
01:22:37,800 --> 01:22:40,760
Speaker 13: every third party seller and say, hey, if you want

1762
01:22:40,840 --> 01:22:43,880
Speaker 13: access to these Prime members, what are If you want

1763
01:22:43,920 --> 01:22:46,559
Speaker 13: your product to be what's called Prime eligible, then you

1764
01:22:46,640 --> 01:22:49,240
Speaker 13: have to pay these fees. You have to use our

1765
01:22:49,360 --> 01:22:53,519
Speaker 13: logistics business. You have to advertise on Amazon advertising, and

1766
01:22:54,160 --> 01:22:59,439
Speaker 13: that raises prices on Amazon and is like a one

1767
01:22:59,520 --> 01:23:02,280
Speaker 13: hundred one hundred and one hundred and fifty billion dollars

1768
01:23:02,320 --> 01:23:05,240
Speaker 13: of free cash flow that's coming to Amazon. Then Amazon

1769
01:23:05,360 --> 01:23:10,080
Speaker 13: forces those producers, those package good producers, those third party sellers,

1770
01:23:10,439 --> 01:23:13,720
Speaker 13: to sign a deal called the price parenting agreement, a

1771
01:23:13,760 --> 01:23:17,080
Speaker 13: price parity agreement where they agree not to sell for

1772
01:23:17,200 --> 01:23:20,439
Speaker 13: lower prices off of Amazon. So even if I could

1773
01:23:20,479 --> 01:23:24,320
Speaker 13: sell save my Sneakers for cheaper through my own website

1774
01:23:24,320 --> 01:23:26,519
Speaker 13: because I don't have to pay the forty percent fee

1775
01:23:26,560 --> 01:23:29,200
Speaker 13: that I would ordinarily have to pay through Amazon, I'm

1776
01:23:29,240 --> 01:23:32,800
Speaker 13: not allowed to or Amazon will strip my ability to

1777
01:23:32,800 --> 01:23:34,960
Speaker 13: sell from an Amazon. And since to reach those one

1778
01:23:35,040 --> 01:23:37,800
Speaker 13: hundred and fifty two hundred million people I have to

1779
01:23:37,880 --> 01:23:41,919
Speaker 13: sell through Amazon, I can't afford to lower my price elsewhere.

1780
01:23:42,200 --> 01:23:45,920
Speaker 13: So that is the dynamic, and that actually pushes prices up.

1781
01:23:45,840 --> 01:23:47,040
Speaker 9: Everywhere in the economy.

1782
01:23:47,560 --> 01:23:50,519
Speaker 13: Will think when they go onto Amazon, I'm getting the

1783
01:23:50,560 --> 01:23:54,160
Speaker 13: lowest prices, and they are, but that's only because Amazon

1784
01:23:54,320 --> 01:23:57,320
Speaker 13: forces everywhere. They have so much power that they force

1785
01:23:57,439 --> 01:24:00,520
Speaker 13: everyone to raise prices off of them.

1786
01:24:00,760 --> 01:24:03,720
Speaker 1: Matt obviously I'm very sympathetic to your views here. In fact,

1787
01:24:03,760 --> 01:24:05,880
Speaker 1: I completely agree with you. But let me play a

1788
01:24:05,880 --> 01:24:09,160
Speaker 1: devil's advocate and say, hey, a lot of people like Prime,

1789
01:24:09,200 --> 01:24:11,160
Speaker 1: a lot of people like Amazon. A lot of people

1790
01:24:11,200 --> 01:24:12,800
Speaker 1: think it's great that they can push a button on

1791
01:24:12,800 --> 01:24:15,599
Speaker 1: their phone and you know, their socks or whatever they

1792
01:24:15,640 --> 01:24:17,720
Speaker 1: just ordered shows up at their house like literally a

1793
01:24:17,800 --> 01:24:20,200
Speaker 1: day later, and for a reasonable price.

1794
01:24:20,479 --> 01:24:21,240
Speaker 5: What do you say to them?

1795
01:24:21,240 --> 01:24:25,080
Speaker 1: Because when you do look at surveys, Amazon has very

1796
01:24:25,160 --> 01:24:28,080
Speaker 1: highs or like favorability rating among the American public who

1797
01:24:28,160 --> 01:24:30,000
Speaker 1: do appreciate the ease of the service.

1798
01:24:30,320 --> 01:24:33,880
Speaker 13: Amazon's great. I mean, I use Amazon, and there's there's

1799
01:24:33,920 --> 01:24:35,960
Speaker 13: no reason. I mean, there are a lot of problems

1800
01:24:35,960 --> 01:24:38,360
Speaker 13: that I could nitpick, but like, yeah, the basic premise

1801
01:24:38,400 --> 01:24:41,120
Speaker 13: is it's you know, people use it because it's convenient.

1802
01:24:41,520 --> 01:24:44,920
Speaker 13: And the point is is that, like, even though they're

1803
01:24:45,200 --> 01:24:47,800
Speaker 13: it's convenient and they're powerful, they shouldn't be able to

1804
01:24:48,000 --> 01:24:51,360
Speaker 13: keep prices for goods and services higher than they otherwise

1805
01:24:51,400 --> 01:24:54,200
Speaker 13: would be. Like, why is it okay for Amazon to

1806
01:24:54,280 --> 01:24:57,200
Speaker 13: force sneakers to be forty percent more expensive than they

1807
01:24:57,200 --> 01:25:00,200
Speaker 13: should like just by using these techniques and tactics. There's

1808
01:25:00,200 --> 01:25:03,400
Speaker 13: nothing inherent to the service that forces that. So if

1809
01:25:03,400 --> 01:25:06,000
Speaker 13: you just got rid of their ability to say, keep

1810
01:25:06,080 --> 01:25:09,839
Speaker 13: prices higher than they otherwise would be, Amazon would still exist.

1811
01:25:09,960 --> 01:25:11,680
Speaker 13: People would still be able to, you know, get the

1812
01:25:11,720 --> 01:25:14,600
Speaker 13: convenience from Amazon. It's just that then they would have

1813
01:25:14,680 --> 01:25:17,960
Speaker 13: to compete with companies that could then sell stuff for

1814
01:25:18,720 --> 01:25:19,719
Speaker 13: a better pricing.

1815
01:25:20,600 --> 01:25:21,759
Speaker 9: So I guess that's how I respond.

1816
01:25:21,760 --> 01:25:23,719
Speaker 13: It's like, there's nothing inherent to It's like a baggage

1817
01:25:23,760 --> 01:25:25,880
Speaker 13: fee on an airline, Like you don't necessarily need a

1818
01:25:25,920 --> 01:25:28,719
Speaker 13: baggage Like there's nothing inherent to the technology of flight

1819
01:25:28,920 --> 01:25:30,280
Speaker 13: that requires a baggage fee.

1820
01:25:30,320 --> 01:25:32,599
Speaker 9: There's just some business practices we can change.

1821
01:25:32,840 --> 01:25:35,080
Speaker 2: Yes, I think that's really well said. And what does

1822
01:25:35,080 --> 01:25:37,799
Speaker 2: a happy medium look like? For what like e commerce

1823
01:25:37,840 --> 01:25:40,760
Speaker 2: and all that should should be And what is Lena

1824
01:25:40,840 --> 01:25:41,599
Speaker 2: Khan trying to get to?

1825
01:25:42,520 --> 01:25:45,680
Speaker 13: The happy medium is where you know, Amazon is this

1826
01:25:45,760 --> 01:25:49,400
Speaker 13: wonderful infrastructure and people and firms can use it to

1827
01:25:49,439 --> 01:25:54,240
Speaker 13: transact in as a marketplace, but without being manipulated, right,

1828
01:25:54,360 --> 01:25:56,160
Speaker 13: and so they use it in a kind of a

1829
01:25:56,200 --> 01:25:58,040
Speaker 13: neutral way, a little bit like the post office.

1830
01:25:58,080 --> 01:26:00,320
Speaker 9: You know, Amazon will make its money. They'll charge there.

1831
01:26:00,680 --> 01:26:03,280
Speaker 13: You know, they'll charge their fees for using their service,

1832
01:26:03,760 --> 01:26:08,080
Speaker 13: but they won't actually be able to pick and choose winners.

1833
01:26:08,720 --> 01:26:11,559
Speaker 13: They will have to compete on better service and better

1834
01:26:11,600 --> 01:26:14,800
Speaker 13: pricing like everybody else. And then you know, you'll have other,

1835
01:26:15,040 --> 01:26:17,800
Speaker 13: you know, marketplaces that come on that are that are differentiated,

1836
01:26:17,800 --> 01:26:21,280
Speaker 13: that maybe offer different service levels or different pricing terms,

1837
01:26:21,600 --> 01:26:23,000
Speaker 13: and right now we don't have that. We don't have

1838
01:26:23,120 --> 01:26:27,360
Speaker 13: like you know, companies coming in saying like buy through

1839
01:26:27,439 --> 01:26:29,840
Speaker 13: me instead of buying through Amazon, and you get like

1840
01:26:29,920 --> 01:26:32,560
Speaker 13: thirty percent off, like you've never seen that kind of offer,

1841
01:26:32,680 --> 01:26:34,439
Speaker 13: and you should see that kind of offer because that

1842
01:26:34,600 --> 01:26:37,640
Speaker 13: is economically possible. It's just that that extra money is

1843
01:26:37,680 --> 01:26:39,200
Speaker 13: now going to Amazon and you shouldn't.

1844
01:26:39,439 --> 01:26:42,080
Speaker 1: Yeah, smart Matt, One last question for you, and I

1845
01:26:42,160 --> 01:26:44,919
Speaker 1: know you've got to run. You have been tracking closely

1846
01:26:44,960 --> 01:26:47,240
Speaker 1: how the Wall Street Journal has had a real vendetta

1847
01:26:47,680 --> 01:26:51,320
Speaker 1: against Lena Khan. Can you talk about that and why

1848
01:26:51,479 --> 01:26:54,080
Speaker 1: they in particular have taken such great interest in what

1849
01:26:54,120 --> 01:26:54,600
Speaker 1: she's up to?

1850
01:26:55,439 --> 01:26:56,920
Speaker 13: Well, so I guess I should say one other thing.

1851
01:26:57,479 --> 01:26:59,320
Speaker 13: You will be able to cancel your Prime subscription if

1852
01:26:59,360 --> 01:27:01,519
Speaker 13: you don't want it, and you won't be tricked into

1853
01:27:01,560 --> 01:27:03,439
Speaker 13: like signing up for things you don't mean, you don't

1854
01:27:03,439 --> 01:27:05,439
Speaker 13: mean to sign up for not just an Amazon, but

1855
01:27:05,520 --> 01:27:07,479
Speaker 13: kind of across the board, because lots of companies are

1856
01:27:07,520 --> 01:27:10,400
Speaker 13: watching this case. So there's there's also the basic like

1857
01:27:11,400 --> 01:27:13,880
Speaker 13: dynamic here of like we shouldn't be tricked into things

1858
01:27:13,960 --> 01:27:16,360
Speaker 13: and we shouldn't make it impossible to cancel stuff, and

1859
01:27:16,439 --> 01:27:18,880
Speaker 13: right now it is. So that's another big, big part

1860
01:27:18,880 --> 01:27:22,040
Speaker 13: of this case. So the yeah, the Wall Street Journal,

1861
01:27:22,160 --> 01:27:24,519
Speaker 13: we set up a website called Wall Street Grumble. They've

1862
01:27:25,040 --> 01:27:30,280
Speaker 13: they've editorialized against Lena Kon sixty eight times sixty at times.

1863
01:27:30,360 --> 01:27:32,080
Speaker 9: Right, they are like just obsessed.

1864
01:27:32,600 --> 01:27:35,400
Speaker 13: And the reason is because, like you know, I deal

1865
01:27:35,439 --> 01:27:37,360
Speaker 13: with anti trust, and people think it's like the nerdy

1866
01:27:37,400 --> 01:27:39,840
Speaker 13: type of like nerdy type of thing. It's like kind

1867
01:27:39,880 --> 01:27:42,920
Speaker 13: of niche that actually it's not. It's about how we

1868
01:27:43,000 --> 01:27:45,720
Speaker 13: interact with each other through the marketplace, how we buy

1869
01:27:45,760 --> 01:27:48,759
Speaker 13: and sell from one another, our good services, ideas, labor, whatnot.

1870
01:27:48,840 --> 01:27:51,080
Speaker 9: It's like a really core part of the human experience.

1871
01:27:51,200 --> 01:27:53,960
Speaker 13: And for a long time people have said, Okay, that's

1872
01:27:54,040 --> 01:27:56,599
Speaker 13: that's not something that we can talk about politically. That's

1873
01:27:56,680 --> 01:27:59,960
Speaker 13: what economists and scientists that like they have to hand,

1874
01:28:00,760 --> 01:28:03,280
Speaker 13: and it's like debated on places like the Wall Street

1875
01:28:03,320 --> 01:28:06,559
Speaker 13: Journal editorial page and what Lena Khan and Jonathan Canter

1876
01:28:06,720 --> 01:28:08,960
Speaker 13: and some of the other officials in the Biden administrations.

1877
01:28:09,000 --> 01:28:11,160
Speaker 13: Not everyone, but it's one faction the Bide administration are

1878
01:28:11,200 --> 01:28:15,479
Speaker 13: saying is no, we should debate these things publicly, and

1879
01:28:15,640 --> 01:28:18,800
Speaker 13: monopoly shouldn't be controlling everything. We should be having free

1880
01:28:18,800 --> 01:28:21,320
Speaker 13: and fair commerce among one another. And that is a

1881
01:28:21,360 --> 01:28:24,439
Speaker 13: real threat to the people at the Wall Street Journal

1882
01:28:25,040 --> 01:28:27,880
Speaker 13: editorial page and the antatress bar and the bank who

1883
01:28:27,880 --> 01:28:31,040
Speaker 13: believe in a society based on rank and order and

1884
01:28:31,120 --> 01:28:35,040
Speaker 13: deference and hierarchy. And that's really what this is about.

1885
01:28:35,080 --> 01:28:37,479
Speaker 13: That's why they're very very angry at Lenicon. She's a

1886
01:28:37,560 --> 01:28:40,479
Speaker 13: kind of a symbol of this. She's also like taking

1887
01:28:40,520 --> 01:28:44,519
Speaker 13: on consolidated corporate power and areas from defense contracting to

1888
01:28:44,720 --> 01:28:50,320
Speaker 13: pharmaceuticals to you know, to to you know, retailing, to

1889
01:28:50,360 --> 01:28:55,040
Speaker 13: the cloud computing. But like, on a gut level, what's

1890
01:28:55,120 --> 01:28:57,559
Speaker 13: really going on is the Wall Street Journal editorial guys

1891
01:28:57,560 --> 01:29:01,280
Speaker 13: are like, we should run things, not the like, not

1892
01:29:01,439 --> 01:29:02,040
Speaker 13: the rabble.

1893
01:29:02,439 --> 01:29:09,960
Speaker 1: Right, Yeah, that's fundamentally elitist argument, an anti populist argument. Matt,

1894
01:29:10,000 --> 01:29:11,519
Speaker 1: great to have you Thank you so much for taking

1895
01:29:11,520 --> 01:29:12,680
Speaker 1: the time to break this down for us.

1896
01:29:12,720 --> 01:29:13,599
Speaker 5: We really appreciate it.

1897
01:29:13,600 --> 01:29:15,439
Speaker 9: Thanks Matt, thanks for having me.

1898
01:29:15,680 --> 01:29:18,479
Speaker 3: Yeah, absolutely, Thank you guys so much for watching.

1899
01:29:18,479 --> 01:29:20,719
Speaker 2: We appreciate it. Help us get to a million subs,

1900
01:29:20,960 --> 01:29:23,519
Speaker 2: it would really mean a lot for Tuesday. Don't forget

1901
01:29:23,560 --> 01:29:25,679
Speaker 2: about the deadline here before I get on that plane

1902
01:29:25,680 --> 01:29:28,400
Speaker 2: to India. Not a real deadline, We're just kidding. We

1903
01:29:28,479 --> 01:29:31,559
Speaker 2: appreciate the million no matter when it comes. Otherwise, Thank

1904
01:29:31,560 --> 01:29:33,840
Speaker 2: you all to our premium subscribers and others breaking points

1905
01:29:33,880 --> 01:29:35,439
Speaker 2: dot com. If you can help us out, we'll see

1906
01:29:35,479 --> 01:29:36,280
Speaker 2: you all next week.

1907
01:29:36,320 --> 01:29:47,120
Speaker 4: See y'all on Monday.