1
00:00:00,760 --> 00:00:03,720
Speaker 1: Hey, guys, ready or not, twenty twenty four is here,

2
00:00:03,880 --> 00:00:06,360
Speaker 1: and we here at breaking points, are already thinking of

3
00:00:06,400 --> 00:00:08,600
Speaker 1: ways we can up our game for this critical election.

4
00:00:08,800 --> 00:00:11,719
Speaker 2: We rely on our premium subs to expand coverage, upgrade

5
00:00:11,760 --> 00:00:15,720
Speaker 2: the studio ad staff, give you, guys, the best independent.

6
00:00:15,160 --> 00:00:16,239
Speaker 3: Coverage that is possible.

7
00:00:16,280 --> 00:00:18,279
Speaker 2: If you like what we're all about, it just means

8
00:00:18,320 --> 00:00:20,799
Speaker 2: the absolute world to have your support. But enough with that,

9
00:00:21,040 --> 00:00:32,640
Speaker 2: let's get to the show.

10
00:00:38,200 --> 00:00:41,120
Speaker 3: Good morning, everybody, Happy Monday. We have an amazing show

11
00:00:41,159 --> 00:00:42,600
Speaker 3: for everybody today. What do we have, Grissel.

12
00:00:42,720 --> 00:00:46,160
Speaker 1: Indeed, we do lots of stuff happening today and this week,

13
00:00:46,520 --> 00:00:48,839
Speaker 1: both in terms of foreign affairs and here domestically. So

14
00:00:48,880 --> 00:00:51,879
Speaker 1: first and foremost debt sealing negotiations that seem like they

15
00:00:51,880 --> 00:00:54,680
Speaker 1: were going, then they broke down. Now they're back. We'll

16
00:00:54,720 --> 00:00:56,920
Speaker 1: tell you the very latest stuff. Everything we know there.

17
00:00:56,920 --> 00:01:01,840
Speaker 1: It's a very obviously chaotic and uncertain situation. Also, surprise, surprise,

18
00:01:02,160 --> 00:01:05,880
Speaker 1: Joe Biden caved on F sixteen's to Zelenski called it

19
00:01:05,920 --> 00:01:09,160
Speaker 1: here unfortunately, So we'll tell you the details about that.

20
00:01:09,200 --> 00:01:10,440
Speaker 1: What he was saying in the past, and what are

21
00:01:10,480 --> 00:01:13,040
Speaker 1: you saying now. We got a bunch of new contenders

22
00:01:13,120 --> 00:01:15,360
Speaker 1: jumping into the GOP race this week as well, some

23
00:01:15,480 --> 00:01:18,080
Speaker 1: of them a little bit surprising, so we have those details.

24
00:01:18,120 --> 00:01:21,920
Speaker 1: We also have some new details about Epstein and Bill Gates,

25
00:01:22,640 --> 00:01:24,800
Speaker 1: questions about whether or not he tried to blackmail him.

26
00:01:24,840 --> 00:01:25,920
Speaker 4: It looks like he did.

27
00:01:26,319 --> 00:01:30,480
Speaker 1: And we have revelations about Dianne Feinstein being even more

28
00:01:30,600 --> 00:01:34,919
Speaker 1: ill and in even worse health than we even knew about,

29
00:01:35,000 --> 00:01:38,360
Speaker 1: so really sad and really kind of enraging. Details there

30
00:01:38,360 --> 00:01:41,959
Speaker 1: regarding Nancy Pelosi, why she's propping up Diane Feinstein. We

31
00:01:42,000 --> 00:01:44,480
Speaker 1: have some answers there as well. Before we get to

32
00:01:44,520 --> 00:01:46,720
Speaker 1: any of that, though, thank you so much to all

33
00:01:46,720 --> 00:01:49,600
Speaker 1: of the premium subscribers who signed up last week. We're

34
00:01:49,600 --> 00:01:52,560
Speaker 1: getting super close to getting our new set. We're getting

35
00:01:52,560 --> 00:01:55,760
Speaker 1: pictures all the time. It looks absolutely beautiful. We've got

36
00:01:55,760 --> 00:01:58,760
Speaker 1: it scheduled, we're getting updates, and we are going to

37
00:01:58,800 --> 00:02:02,160
Speaker 1: have an exclusive reveal premium subscribers, so stay tuned for

38
00:02:02,160 --> 00:02:02,560
Speaker 1: that as well.

39
00:02:02,600 --> 00:02:04,760
Speaker 2: That's right, keep that in mind for the exclusive reveal.

40
00:02:04,880 --> 00:02:07,320
Speaker 2: And our plan has always been we've got to have big,

41
00:02:07,400 --> 00:02:10,200
Speaker 2: big interviews with the new studio. We really want to

42
00:02:10,200 --> 00:02:13,480
Speaker 2: make our mark on the scene and Luckily enough, RFK

43
00:02:13,639 --> 00:02:15,079
Speaker 2: Junior actually just reached out.

44
00:02:15,080 --> 00:02:16,840
Speaker 3: Crystal wants to come back on.

45
00:02:17,000 --> 00:02:20,720
Speaker 2: Not only that, we'll have Maryanne on as well during

46
00:02:20,720 --> 00:02:22,400
Speaker 2: that week, and we are working right now and getting

47
00:02:22,480 --> 00:02:25,560
Speaker 2: another candidate, a major candidate also at the desk. So

48
00:02:25,680 --> 00:02:28,280
Speaker 2: I know that it's something so important to everyone out

49
00:02:28,280 --> 00:02:32,080
Speaker 2: there about having these big, big interviews, and yeah, I'm excited.

50
00:02:32,320 --> 00:02:35,560
Speaker 4: Yeah, Unfortunately, this desk it's just like, looks a little

51
00:02:35,560 --> 00:02:37,840
Speaker 4: awkward with three people. As much as we love it

52
00:02:38,120 --> 00:02:38,800
Speaker 4: with two.

53
00:02:38,639 --> 00:02:41,360
Speaker 1: People, I think it looks really nice, but when we

54
00:02:41,440 --> 00:02:43,200
Speaker 1: have one, and I really want to be able to

55
00:02:43,240 --> 00:02:45,799
Speaker 1: have two people on the set at least and have

56
00:02:45,919 --> 00:02:47,800
Speaker 1: it look really nice. And the new set is going

57
00:02:47,840 --> 00:02:49,400
Speaker 1: to be that way, so it'll be a great venue

58
00:02:49,440 --> 00:02:51,320
Speaker 1: for more big interviews.

59
00:02:51,400 --> 00:02:52,040
Speaker 4: I actually so.

60
00:02:52,520 --> 00:02:55,480
Speaker 1: Bobby Kennedy texted me and encouraged me to share some

61
00:02:55,520 --> 00:02:58,919
Speaker 1: of the exchange with all of you our audience. First

62
00:02:58,960 --> 00:03:01,960
Speaker 1: of all, he said how grateful he was to be

63
00:03:02,200 --> 00:03:04,480
Speaker 1: on the show, and he said, this is the kind

64
00:03:04,520 --> 00:03:06,600
Speaker 1: of exchange I had at the dinner table every night

65
00:03:06,639 --> 00:03:08,760
Speaker 1: growing up. I had fun, and I'd love to come back.

66
00:03:08,919 --> 00:03:11,120
Speaker 1: I know he's got a big trip to the border planned.

67
00:03:11,280 --> 00:03:12,799
Speaker 1: You know, I got a lot of questions for him

68
00:03:12,840 --> 00:03:15,040
Speaker 1: there as I'm sure you do as well. So maybe

69
00:03:15,080 --> 00:03:16,720
Speaker 1: we'll get him on the schedule for once he gets

70
00:03:16,880 --> 00:03:19,360
Speaker 1: back for that. But super thanks to him, and you know,

71
00:03:19,480 --> 00:03:20,400
Speaker 1: just a super nice.

72
00:03:20,200 --> 00:03:22,320
Speaker 3: Guy, classic guy. Yeah right, let's get to it.

73
00:03:22,240 --> 00:03:25,440
Speaker 4: All right, So debt ceiling a lot of developments.

74
00:03:25,480 --> 00:03:28,760
Speaker 1: As I indicated before, it looked like things were progressing.

75
00:03:28,960 --> 00:03:30,600
Speaker 4: Then there was a complete blow up.

76
00:03:31,000 --> 00:03:33,440
Speaker 1: Former President Trump wive in a not that helpful way

77
00:03:33,440 --> 00:03:36,800
Speaker 1: to say Republicans shouldn't back down an inch. House Freedom

78
00:03:36,840 --> 00:03:39,600
Speaker 1: Caucus also concerned that they're not getting enough found in

79
00:03:39,640 --> 00:03:42,320
Speaker 1: the negotiation. So things broke down. But we do have

80
00:03:42,480 --> 00:03:45,600
Speaker 1: a plan today for Biden and McCarthy to meet. Biden

81
00:03:45,600 --> 00:03:48,080
Speaker 1: made some comments while he was in Japan about how

82
00:03:48,160 --> 00:03:49,600
Speaker 1: he is viewing this negotiation.

83
00:03:49,680 --> 00:03:50,480
Speaker 4: Let's take a listen to that.

84
00:03:50,840 --> 00:03:53,680
Speaker 5: Before I left for this trip, I met with all

85
00:03:53,720 --> 00:03:57,200
Speaker 5: four congressional leaders and we agreed the only way to

86
00:03:57,240 --> 00:04:01,560
Speaker 5: move forward was in a bipartisan agreement. And I've done

87
00:04:01,600 --> 00:04:04,480
Speaker 5: my part. We put forward a proposal of the cuts

88
00:04:04,520 --> 00:04:08,280
Speaker 5: spending by more than a trillion dollars on top of

89
00:04:08,320 --> 00:04:11,200
Speaker 5: the nearly three trillion dollars in depths of reduction that

90
00:04:11,280 --> 00:04:14,800
Speaker 5: I previously proposed to the combination of spending cuts and

91
00:04:14,920 --> 00:04:18,080
Speaker 5: new revenues. Now it's time for the other side to

92
00:04:18,120 --> 00:04:22,600
Speaker 5: move from their extreme positions because much of what they've

93
00:04:22,640 --> 00:04:28,479
Speaker 5: already proposed is simply quite frankly unacceptable. And so let

94
00:04:28,560 --> 00:04:30,839
Speaker 5: me be clear, I'm not going to agree to a

95
00:04:30,880 --> 00:04:34,920
Speaker 5: deal the protects, for example, thirty billion dollar tax break

96
00:04:35,040 --> 00:04:38,560
Speaker 5: for the oil industry, which made two hundred billion dollars

97
00:04:38,640 --> 00:04:41,760
Speaker 5: last year. They don't need an incentive another thirty billion

98
00:04:41,800 --> 00:04:45,840
Speaker 5: dollars while putting healthcare of twenty one million Americans at

99
00:04:45,920 --> 00:04:50,320
Speaker 5: risk by going after Medicaid. I'm not going to agree

100
00:04:50,360 --> 00:04:52,599
Speaker 5: to a deal to protects two hundred billion dollars in

101
00:04:52,680 --> 00:04:56,400
Speaker 5: excess payments for pharmaceutical industries and refusing to count that

102
00:04:57,160 --> 00:05:00,640
Speaker 5: while cutting over one hundred thousand school teachers and and

103
00:05:01,520 --> 00:05:06,039
Speaker 5: assistants jobs, thirty thousand law enforcement officers jobs cut across

104
00:05:06,440 --> 00:05:10,159
Speaker 5: the entire United States of America. I'm not going to

105
00:05:10,200 --> 00:05:13,280
Speaker 5: agree to a deal that protects wealthy tax sheets and

106
00:05:13,320 --> 00:05:17,159
Speaker 5: crypto traders while putting food assistants at risk for nearly

107
00:05:17,160 --> 00:05:20,760
Speaker 5: one hundred Why assuming nearly one million Americans.

108
00:05:20,520 --> 00:05:22,799
Speaker 1: So you can see some of how he is taking

109
00:05:22,800 --> 00:05:25,200
Speaker 1: out his position, saying, look, these guys wanting to put

110
00:05:25,600 --> 00:05:29,760
Speaker 1: new revenues on the table, oil subsidies to stripping those away,

111
00:05:29,880 --> 00:05:32,840
Speaker 1: any sort of closing of loopholes, they won't consider any

112
00:05:32,920 --> 00:05:35,000
Speaker 1: of that. And meanwhile, they want to take away assistance

113
00:05:35,040 --> 00:05:39,279
Speaker 1: from the neediest Americans. He also made some comments about

114
00:05:39,440 --> 00:05:42,360
Speaker 1: one of the sort of Plan B options that has

115
00:05:42,400 --> 00:05:44,679
Speaker 1: been floated by a lot and that progressives like Bernie Sanders,

116
00:05:44,720 --> 00:05:47,920
Speaker 1: Elizabeth Warren and others have been pushing for the President

117
00:05:48,080 --> 00:05:50,919
Speaker 1: to go forward with, which is invoking the fourteenth Amendment,

118
00:05:51,120 --> 00:05:54,280
Speaker 1: basically saying, listen, this whole debt sailing nonsense is unconstitutional.

119
00:05:54,400 --> 00:05:55,840
Speaker 1: We're going to go ahead and spend and borrow the

120
00:05:55,880 --> 00:05:58,280
Speaker 1: money that we need to based on what was appropriated

121
00:05:58,320 --> 00:05:58,960
Speaker 1: in Congress.

122
00:05:59,480 --> 00:06:01,120
Speaker 4: Biden, you know, not.

123
00:06:01,160 --> 00:06:03,320
Speaker 1: Totally taking it off the table, but they've been sort

124
00:06:03,320 --> 00:06:05,920
Speaker 1: of from the White House point cold water on that idea.

125
00:06:06,000 --> 00:06:07,520
Speaker 4: Let's take a listen to what he had to say there.

126
00:06:07,800 --> 00:06:11,039
Speaker 5: I'm looking at the fourteenth Amendment whether or not we

127
00:06:11,160 --> 00:06:14,039
Speaker 5: have the authority. I think we have the authority. The

128
00:06:14,120 --> 00:06:17,200
Speaker 5: question is could it be done and invoked in time

129
00:06:17,760 --> 00:06:20,960
Speaker 5: that it could not would not be appealed, and as

130
00:06:20,960 --> 00:06:25,080
Speaker 5: a consequence, past the dating question and still the fall

131
00:06:25,160 --> 00:06:29,240
Speaker 5: of the debt, that's a question that I think is unresolved.

132
00:06:29,760 --> 00:06:32,320
Speaker 1: So not saying he's saying, listen, I think we have

133
00:06:32,400 --> 00:06:34,480
Speaker 1: the authority, but in terms of it working those way

134
00:06:34,480 --> 00:06:36,400
Speaker 1: through the courts, it's probably going to be challenged.

135
00:06:36,480 --> 00:06:38,080
Speaker 4: I'm not sure that that's the best option.

136
00:06:38,240 --> 00:06:41,440
Speaker 1: And the reporting behind the scenes also suggests that even

137
00:06:41,480 --> 00:06:43,360
Speaker 1: though you do have you know, a number of progressive

138
00:06:43,360 --> 00:06:46,599
Speaker 1: senators in particular, pushing for that, the White House seems

139
00:06:46,640 --> 00:06:49,320
Speaker 1: to be very nervous about actually invoking it and going

140
00:06:49,360 --> 00:06:49,640
Speaker 1: that run.

141
00:06:49,720 --> 00:06:49,880
Speaker 4: You know.

142
00:06:49,920 --> 00:06:52,520
Speaker 2: The other thing is that I'm realizing, and having spoken

143
00:06:52,560 --> 00:06:54,560
Speaker 2: to some of the people who are involved in this,

144
00:06:54,800 --> 00:06:56,920
Speaker 2: is that one of the things with the fourteenth Amendment

145
00:06:57,000 --> 00:06:58,040
Speaker 2: is if you were going to do it.

146
00:06:57,960 --> 00:07:00,520
Speaker 3: You actually probably should do it before the ex of the.

147
00:07:00,440 --> 00:07:03,359
Speaker 2: Debt ceiling, because if you're trying to do it after

148
00:07:03,440 --> 00:07:06,040
Speaker 2: the expiry of the debt ceiling, what ends up happening

149
00:07:06,080 --> 00:07:07,080
Speaker 2: is you're going to have the crash.

150
00:07:07,160 --> 00:07:08,839
Speaker 3: Then you're going to have even more uncertainty.

151
00:07:08,880 --> 00:07:11,600
Speaker 2: You're going to remove some of the incentive to negotiate

152
00:07:11,640 --> 00:07:13,440
Speaker 2: with Kevin McCarthy and all that to come to a

153
00:07:13,520 --> 00:07:16,240
Speaker 2: legal or at least a solution that was previously accepted

154
00:07:16,480 --> 00:07:18,000
Speaker 2: by the markets, and you're going to have to tack

155
00:07:18,040 --> 00:07:20,520
Speaker 2: it to the Supreme Court, which then if they tank,

156
00:07:20,600 --> 00:07:22,480
Speaker 2: it will go even more down and then you have

157
00:07:22,520 --> 00:07:25,080
Speaker 2: to go back to the table, and you're basically extending

158
00:07:25,120 --> 00:07:27,760
Speaker 2: the painful period of markets and negotiations.

159
00:07:27,800 --> 00:07:31,720
Speaker 1: The flip side of that is, so on the Fourteenth Amendment,

160
00:07:32,280 --> 00:07:35,000
Speaker 1: the bet if you were to invoke it would be

161
00:07:35,120 --> 00:07:38,520
Speaker 1: that the courts are more interested in protecting capital than

162
00:07:38,840 --> 00:07:42,360
Speaker 1: they are siding with their partisan brethren, because obviously it's conservative,

163
00:07:42,400 --> 00:07:47,120
Speaker 1: Republican Supreme Court. So if you did this beforehand, which

164
00:07:47,160 --> 00:07:48,840
Speaker 1: I'm inclined to say, like you like if you were

165
00:07:48,840 --> 00:07:49,960
Speaker 1: going to go this, or you should have just done

166
00:07:49,960 --> 00:07:52,080
Speaker 1: it from the beginning. No, we're not negotiating, we're doing

167
00:07:52,160 --> 00:07:54,520
Speaker 1: clean debt ceiling, or I'm voting the fourteenth Amendment because

168
00:07:54,560 --> 00:07:56,440
Speaker 1: it's my power to do this whole thing is nonsense,

169
00:07:56,800 --> 00:07:58,160
Speaker 1: and have done.

170
00:07:58,000 --> 00:07:58,800
Speaker 4: That from the beginning.

171
00:07:59,600 --> 00:08:03,360
Speaker 1: Part of perhaps a rationale for waiting is that you

172
00:08:03,440 --> 00:08:06,440
Speaker 1: actually do want that pressure to be put on the

173
00:08:06,440 --> 00:08:10,080
Speaker 1: Supreme Court. So it's like Chief Justice John Roberts, Do

174
00:08:10,240 --> 00:08:13,120
Speaker 1: you really want to be the dude that crashes the

175
00:08:13,360 --> 00:08:17,080
Speaker 1: entire global economy? Whereas if you haven't breached the debt

176
00:08:17,120 --> 00:08:20,680
Speaker 1: ceiling yet, that gives them some comfort to take the

177
00:08:20,760 --> 00:08:23,920
Speaker 1: partisan side kick it back to Congress and not have

178
00:08:24,000 --> 00:08:26,080
Speaker 1: the sort of blood on their hands of being the

179
00:08:26,080 --> 00:08:31,320
Speaker 1: ones most directly causing a potential global financial catastrophe. So

180
00:08:31,360 --> 00:08:34,840
Speaker 1: there are some sort of rational logical reasons to wait,

181
00:08:35,360 --> 00:08:39,640
Speaker 1: but I am doubtful. I personally think that they should

182
00:08:39,679 --> 00:08:42,000
Speaker 1: invoke the fourteenth Amendment. I think they should go in

183
00:08:42,040 --> 00:08:43,679
Speaker 1: the direction of that, or me the coin or one

184
00:08:43,679 --> 00:08:47,160
Speaker 1: of premium bonds, like one of the workarounds, because otherwise

185
00:08:47,559 --> 00:08:50,599
Speaker 1: you are negotiating with economic terrorists, and you're going to

186
00:08:50,679 --> 00:08:52,760
Speaker 1: be forced to do this every single time the debt

187
00:08:52,760 --> 00:08:55,120
Speaker 1: ceiling comes up again, and you have a democratic president

188
00:08:55,160 --> 00:08:59,160
Speaker 1: and or Republican House or Senate. So you are creating

189
00:08:59,440 --> 00:09:02,680
Speaker 1: a future in which this sort of brinksmanship is going

190
00:09:02,720 --> 00:09:07,040
Speaker 1: to be the norm, with potentially again completely catastrophic consequences

191
00:09:07,080 --> 00:09:09,560
Speaker 1: as we laid out last week. So that's why I

192
00:09:09,600 --> 00:09:12,000
Speaker 1: really think you need What they really should have done

193
00:09:12,120 --> 00:09:12,640
Speaker 1: is when they.

194
00:09:12,520 --> 00:09:14,520
Speaker 4: Had full control, I should have gotten rid of the

195
00:09:14,520 --> 00:09:16,680
Speaker 4: debt sealing. That was what they really should have done.

196
00:09:16,880 --> 00:09:19,160
Speaker 1: But now that we're we are where we are, we

197
00:09:19,240 --> 00:09:21,440
Speaker 1: have got to make it so that this type of

198
00:09:21,640 --> 00:09:24,600
Speaker 1: type of brinksmanship is not the norm in Washington as

199
00:09:24,600 --> 00:09:25,160
Speaker 1: it is becoming.

200
00:09:25,240 --> 00:09:28,080
Speaker 2: I was gonna say the biggest, probably the most foolish

201
00:09:28,080 --> 00:09:31,080
Speaker 2: thing that was done, was when Biden, Schumer, and Pelosi

202
00:09:31,120 --> 00:09:33,319
Speaker 2: did not pass a clean debt ceiling during the lame duck.

203
00:09:33,400 --> 00:09:35,360
Speaker 2: I have no idea why they didn't do it. There

204
00:09:35,400 --> 00:09:37,360
Speaker 2: really was no good reason as why they shouldn't have.

205
00:09:37,400 --> 00:09:39,400
Speaker 1: They should have gotten when they had full control, they

206
00:09:39,400 --> 00:09:42,320
Speaker 1: should have gotten rid of the debt ceiling altogether.

207
00:09:41,920 --> 00:09:43,360
Speaker 2: And they just and you know why they didn't want

208
00:09:43,360 --> 00:09:45,040
Speaker 2: to do it, because they wanted just to avoid a

209
00:09:45,080 --> 00:09:47,760
Speaker 2: temporary headline before the midterms that they ended up doing

210
00:09:47,760 --> 00:09:50,880
Speaker 2: pretty well in to be like Democrats raise the you

211
00:09:50,880 --> 00:09:51,720
Speaker 2: know whatever.

212
00:09:51,480 --> 00:09:54,240
Speaker 4: To illuminating dead ceiling to google plex.

213
00:09:54,000 --> 00:09:55,719
Speaker 2: Or something like that, because you technically haven't need to

214
00:09:55,720 --> 00:09:57,760
Speaker 2: put a number. The idea, and actually I think the

215
00:09:57,800 --> 00:10:00,200
Speaker 2: correct number was to put a number that was so

216
00:10:00,280 --> 00:10:03,720
Speaker 2: high it was effectively unprintable, and thus we would describe

217
00:10:03,720 --> 00:10:05,560
Speaker 2: it in such a way that it wouldn't hit home,

218
00:10:05,640 --> 00:10:10,160
Speaker 2: like a quadrillion dollars or something like that. Anyway, look,

219
00:10:10,600 --> 00:10:12,640
Speaker 2: the mistake that they made was that they didn't do it.

220
00:10:12,760 --> 00:10:15,560
Speaker 2: Now they're in that position where it's done. This is

221
00:10:15,600 --> 00:10:18,360
Speaker 2: basically it, and we're in it now and Biden and

222
00:10:18,400 --> 00:10:20,680
Speaker 2: McCarthy are now set to meet at some point today.

223
00:10:20,760 --> 00:10:23,280
Speaker 2: Let's put this up there on the screen. This is

224
00:10:23,320 --> 00:10:27,920
Speaker 2: after Crystal negotiations broke down over the weekend. The problem

225
00:10:27,960 --> 00:10:31,320
Speaker 2: of the details on this, though, are very wishy washy,

226
00:10:31,400 --> 00:10:34,560
Speaker 2: like we're not exactly quite sure where the major sticking

227
00:10:34,600 --> 00:10:35,200
Speaker 2: parts are.

228
00:10:35,559 --> 00:10:36,959
Speaker 3: So we have some indications.

229
00:10:37,040 --> 00:10:37,760
Speaker 4: Yeah, so.

230
00:10:39,559 --> 00:10:43,600
Speaker 1: Top line, Republicans want there to be a total drop

231
00:10:43,640 --> 00:10:48,640
Speaker 1: indiscretionary spending in nominal terms. Biden has floated, Okay, how

232
00:10:48,679 --> 00:10:50,360
Speaker 1: about if we have a drop in spending if you

233
00:10:50,400 --> 00:10:54,960
Speaker 1: account for inflation. So number one, like top line, those

234
00:10:54,960 --> 00:10:58,240
Speaker 1: are very different starting points. And you also have Biden

235
00:10:58,360 --> 00:11:01,160
Speaker 1: setting spending caps for two years. Republicans want to set

236
00:11:01,160 --> 00:11:03,480
Speaker 1: them for six years. So you have a difference in

237
00:11:03,520 --> 00:11:05,680
Speaker 1: the top line number that's quite significant, and then you

238
00:11:05,720 --> 00:11:07,040
Speaker 1: have a difference in the timeframe.

239
00:11:07,360 --> 00:11:08,440
Speaker 4: But perhaps even.

240
00:11:08,240 --> 00:11:11,840
Speaker 1: Trickier are some of the details here. Republicans want to

241
00:11:11,960 --> 00:11:15,640
Speaker 1: actually increase military spending. Remember at the beginning, they were

242
00:11:15,640 --> 00:11:17,199
Speaker 1: floating like, well, maybe we'll cut them, but no, that's

243
00:11:17,240 --> 00:11:20,600
Speaker 1: not happening. They want to increase military spending. That means

244
00:11:20,600 --> 00:11:24,200
Speaker 1: they have to cut even more from things that benefit

245
00:11:24,280 --> 00:11:27,640
Speaker 1: you know, a social safety net programs effectively. Obviously, that

246
00:11:27,880 --> 00:11:31,000
Speaker 1: is a real problem for Biden and for the Democrats,

247
00:11:31,000 --> 00:11:33,400
Speaker 1: many of whom and not just like the fur furthest left,

248
00:11:33,400 --> 00:11:37,080
Speaker 1: but a large chunk of whom have expressed deep unhappiness

249
00:11:37,480 --> 00:11:40,320
Speaker 1: and an unwillingness to go along with a deal that

250
00:11:40,360 --> 00:11:42,640
Speaker 1: would make deep cuts to those programs.

251
00:11:43,320 --> 00:11:44,640
Speaker 4: So that's a major issue.

252
00:11:44,679 --> 00:11:48,000
Speaker 1: You also have the fact, as I mentioned before, Republicans

253
00:11:48,040 --> 00:11:51,720
Speaker 1: completely unwilling to put any sort of you know, closing

254
00:11:51,720 --> 00:11:54,080
Speaker 1: the carried interest loophole, rolling back some of the Trump

255
00:11:54,160 --> 00:11:56,960
Speaker 1: tax cuts for the richest among us, rolling back oil

256
00:11:57,000 --> 00:12:00,440
Speaker 1: company subsidies. They will not put any new revenue on

257
00:12:00,480 --> 00:12:04,079
Speaker 1: the table. So you just have some really pretty hard

258
00:12:04,160 --> 00:12:07,760
Speaker 1: ideological differences here that are difficult to see how they're resolved.

259
00:12:08,120 --> 00:12:11,000
Speaker 1: You also had a former President Trump weighing in saying

260
00:12:11,040 --> 00:12:13,160
Speaker 1: basically like don't give an inch and willing to blow

261
00:12:13,240 --> 00:12:13,920
Speaker 1: up the whole thing.

262
00:12:14,320 --> 00:12:16,359
Speaker 4: You have the House Freedom Caucus.

263
00:12:15,960 --> 00:12:18,840
Speaker 1: Who are the ones that pushed this whole brinksmanship to

264
00:12:18,840 --> 00:12:22,920
Speaker 1: start with. And it's almost like Kevin McCarthy, the hostage shaker,

265
00:12:23,000 --> 00:12:25,400
Speaker 1: is also being held hostage by the House Freedom Caucus.

266
00:12:25,480 --> 00:12:27,920
Speaker 1: It's kind of the dynamic that's going on here. So

267
00:12:28,080 --> 00:12:30,520
Speaker 1: he has to make sure whatever he deal he strikes

268
00:12:30,920 --> 00:12:33,520
Speaker 1: is going to be acceptable to the furthest right faction

269
00:12:33,640 --> 00:12:36,920
Speaker 1: of his caucus, because otherwise his ass and his speakership

270
00:12:36,960 --> 00:12:37,840
Speaker 1: is on the line here too.

271
00:12:37,920 --> 00:12:40,920
Speaker 2: This is actually something where people need to understand. McCarthy

272
00:12:40,960 --> 00:12:43,640
Speaker 2: does not care either way. He probably would just do

273
00:12:43,679 --> 00:12:45,760
Speaker 2: a clean debt ceiling if it was personally up to him,

274
00:12:45,800 --> 00:12:48,240
Speaker 2: but that's not really what is on the table. What

275
00:12:48,320 --> 00:12:52,640
Speaker 2: people don't understand is that McCarthy, even if he wanted to,

276
00:12:53,000 --> 00:12:56,200
Speaker 2: could not sign a deal without the Freedom Caucus and

277
00:12:56,280 --> 00:12:58,880
Speaker 2: without the chip Roys and all of them of the world,

278
00:12:58,960 --> 00:13:00,920
Speaker 2: because not only could they the deal, they can also

279
00:13:01,040 --> 00:13:04,320
Speaker 2: tank his speakership. And actually, this is why I actually

280
00:13:04,360 --> 00:13:06,719
Speaker 2: think that the current way that this is being negotiated

281
00:13:06,840 --> 00:13:09,000
Speaker 2: is a mistake. McCarthy does not have the power. He

282
00:13:09,040 --> 00:13:10,760
Speaker 2: only has a power over some portion of.

283
00:13:10,760 --> 00:13:11,760
Speaker 3: The GOP Caucus.

284
00:13:11,840 --> 00:13:14,160
Speaker 2: They need to get the Freedom Caucus guys, Chip Roy

285
00:13:14,160 --> 00:13:15,760
Speaker 2: and all those other people who are in there, because

286
00:13:15,800 --> 00:13:18,600
Speaker 2: otherwise you're going to possibly negotiate a deal which will

287
00:13:18,679 --> 00:13:20,959
Speaker 2: just get killed. The other thing is that a friend

288
00:13:21,000 --> 00:13:23,520
Speaker 2: was explaining to me the way that the House has

289
00:13:23,600 --> 00:13:27,439
Speaker 2: been set up under GOP rule. Not only could McCarthy

290
00:13:27,480 --> 00:13:30,000
Speaker 2: and all of them not be able to get their votes,

291
00:13:30,200 --> 00:13:32,040
Speaker 2: they wouldn't even be able to get it out of

292
00:13:32,080 --> 00:13:35,679
Speaker 2: the Rules Committee. So if people remember, they GOP had

293
00:13:35,720 --> 00:13:38,679
Speaker 2: to acquiesce to allowing a lot of these guys into

294
00:13:38,760 --> 00:13:42,480
Speaker 2: the influential Rules Committee, which advances legislation to the floor.

295
00:13:42,760 --> 00:13:44,200
Speaker 3: They would not even let him do that.

296
00:13:44,520 --> 00:13:48,719
Speaker 2: So there are multiple blocks that are basically built within that. Effectively,

297
00:13:48,960 --> 00:13:52,480
Speaker 2: between five to ten members of the House are the

298
00:13:52,520 --> 00:13:56,040
Speaker 2: only people who you really are negotiating with in this

299
00:13:56,120 --> 00:13:58,520
Speaker 2: current exchange, at least on the Republican side.

300
00:13:58,520 --> 00:14:01,240
Speaker 3: And let's look you want to say about them, I

301
00:14:01,280 --> 00:14:02,959
Speaker 3: don't really agree with them on a lot, but.

302
00:14:03,040 --> 00:14:08,400
Speaker 2: They believe deeply ideologically we have to massively slash government spending.

303
00:14:08,600 --> 00:14:10,199
Speaker 3: They actually they actually.

304
00:14:09,960 --> 00:14:12,160
Speaker 2: Probably are people who would be okay with the military

305
00:14:12,160 --> 00:14:15,320
Speaker 2: spending cuts and all that the negotiation compromises.

306
00:14:15,320 --> 00:14:17,160
Speaker 3: They're like, as long as we get our nominal, we

307
00:14:17,240 --> 00:14:17,680
Speaker 3: don't care.

308
00:14:17,920 --> 00:14:21,040
Speaker 2: So then you've got the balance that you've effectively explained

309
00:14:21,200 --> 00:14:24,160
Speaker 2: where we would have an increase right in military spending, right,

310
00:14:24,280 --> 00:14:28,000
Speaker 2: and then a decrease in overall other discretionary spending, which

311
00:14:28,000 --> 00:14:30,840
Speaker 2: is a very very tiny portion of government spending. And

312
00:14:30,840 --> 00:14:33,920
Speaker 2: then finally, what I think is absolutely one percent dead

313
00:14:33,960 --> 00:14:35,040
Speaker 2: and gone is the IRS.

314
00:14:35,120 --> 00:14:36,440
Speaker 3: I think IRS funding is gone.

315
00:14:36,520 --> 00:14:39,120
Speaker 2: There's I don't see any way that that will possibly

316
00:14:39,160 --> 00:14:42,200
Speaker 2: come to the table. And there's also probably not all

317
00:14:42,280 --> 00:14:45,000
Speaker 2: of the IRA, the Inflation Reduction Act, but portions of

318
00:14:45,040 --> 00:14:47,360
Speaker 2: the Inflation Reduction Act which are dead and gone too.

319
00:14:47,480 --> 00:14:49,240
Speaker 4: Well. And here's the thing with the IRS.

320
00:14:49,680 --> 00:14:51,040
Speaker 1: You know, you just say, okay, we're going to cut

321
00:14:51,040 --> 00:14:53,840
Speaker 1: some of this new spending on the IRS, that actually

322
00:14:53,880 --> 00:14:56,680
Speaker 1: blows up the deficit, that creates a bigger hole that

323
00:14:56,720 --> 00:14:59,680
Speaker 1: you have to fill with other cuts. Why because money

324
00:14:59,760 --> 00:15:03,080
Speaker 1: spend on additional IRS agents to go after the wealthiest

325
00:15:03,360 --> 00:15:06,680
Speaker 1: that actually increases revenue. So for every dollar you spend

326
00:15:07,160 --> 00:15:10,600
Speaker 1: on IRS agents, it actually increases revenue.

327
00:15:10,200 --> 00:15:11,720
Speaker 4: In by more than that dollar.

328
00:15:12,200 --> 00:15:16,160
Speaker 1: So there, you know, ideological crusade against this new funding

329
00:15:16,280 --> 00:15:19,520
Speaker 1: of the IRS that actually makes it so that the

330
00:15:19,520 --> 00:15:23,360
Speaker 1: deficit is even worse, and the death situation is even worse,

331
00:15:23,480 --> 00:15:28,320
Speaker 1: and so it creates the need, necessitates additional discretionary spending cuts,

332
00:15:28,320 --> 00:15:31,320
Speaker 1: and makes things actually even more difficult. So that's why

333
00:15:31,360 --> 00:15:33,800
Speaker 1: it's hard to see how these pieces come together. And

334
00:15:33,920 --> 00:15:36,440
Speaker 1: is Joe Biden and you know the other Democrats who

335
00:15:36,520 --> 00:15:38,640
Speaker 1: back the Inflation Reduction Act, are they just going to

336
00:15:38,640 --> 00:15:40,480
Speaker 1: stand by watch the thing gutted.

337
00:15:40,920 --> 00:15:41,440
Speaker 4: I don't know.

338
00:15:41,640 --> 00:15:45,800
Speaker 1: It seems to me like maybe none of the potential

339
00:15:45,840 --> 00:15:48,240
Speaker 1: outcomes seems likely to me, all of them seem like,

340
00:15:48,280 --> 00:15:49,800
Speaker 1: I don't know how this is going to come together.

341
00:15:49,920 --> 00:15:52,720
Speaker 1: Obviously something is going to happen. Somehow We're going to

342
00:15:52,840 --> 00:15:55,320
Speaker 1: end up, you know, dealing with this situation. We always

343
00:15:55,320 --> 00:15:57,840
Speaker 1: have in the past at least so fingers crossed. But

344
00:15:58,120 --> 00:16:02,000
Speaker 1: at today I feel like maybe the discharge petition route

345
00:16:02,360 --> 00:16:05,240
Speaker 1: maybe is the most likely because just to remind people

346
00:16:05,280 --> 00:16:10,200
Speaker 1: how that works, if you could get all Democrats and

347
00:16:10,360 --> 00:16:13,360
Speaker 1: five Republicans to sign on to a dis just called

348
00:16:13,360 --> 00:16:15,680
Speaker 1: a discharge petition in the House for a clean debt

349
00:16:15,680 --> 00:16:19,960
Speaker 1: ceiling increase or something approximating it, then you can bypass

350
00:16:20,080 --> 00:16:22,960
Speaker 1: that House Freedom Caucus Stacked Rules Committee. You can bypass

351
00:16:23,000 --> 00:16:25,000
Speaker 1: Speaker maccarth. You can bring something to the floor of

352
00:16:25,000 --> 00:16:28,240
Speaker 1: the House to vote on and move forward, and then

353
00:16:28,320 --> 00:16:29,800
Speaker 1: you know, then it has to pass the cent and

354
00:16:29,800 --> 00:16:31,840
Speaker 1: you got to get you know, ten Republicans over there

355
00:16:31,880 --> 00:16:33,360
Speaker 1: to go along with you as well, which is not

356
00:16:33,440 --> 00:16:36,600
Speaker 1: easy either. But if you had I think if you

357
00:16:36,720 --> 00:16:41,160
Speaker 1: had a massive catastrophic stock market crash, maybe that would

358
00:16:41,200 --> 00:16:43,600
Speaker 1: apply enough pressure on people that they'll, all right, we

359
00:16:43,720 --> 00:16:45,920
Speaker 1: just got to move forward with something here. We cannot

360
00:16:45,960 --> 00:16:48,000
Speaker 1: afford to let the economy totally tank.

361
00:16:48,080 --> 00:16:48,680
Speaker 3: That's what I would say.

362
00:16:48,680 --> 00:16:51,280
Speaker 2: I would say, status quo, we're probably going to default.

363
00:16:51,320 --> 00:16:53,400
Speaker 2: Most likely, I would say more than fifty percent current

364
00:16:53,400 --> 00:16:56,240
Speaker 2: status quo. I think that the entire game changes when

365
00:16:56,560 --> 00:16:58,640
Speaker 2: there is a default. So if there is a default,

366
00:16:58,680 --> 00:17:01,440
Speaker 2: at least in name only uncertainty in the market, you

367
00:17:01,440 --> 00:17:03,280
Speaker 2: see a twenty percent drop in the S and P

368
00:17:03,400 --> 00:17:05,600
Speaker 2: five hundred, that's when people start to freak out and

369
00:17:05,600 --> 00:17:08,639
Speaker 2: people's principles go out the window. But knowing these freedom

370
00:17:08,640 --> 00:17:11,320
Speaker 2: Caucaus guys haven't seen and covered these people for a while,

371
00:17:11,720 --> 00:17:12,440
Speaker 2: I don't think.

372
00:17:12,320 --> 00:17:13,159
Speaker 3: They're gonna be the first of all.

373
00:17:13,160 --> 00:17:13,800
Speaker 4: Well, here's the other thing.

374
00:17:13,800 --> 00:17:15,240
Speaker 2: I think Biden and the Democrats are going to be

375
00:17:15,240 --> 00:17:16,840
Speaker 2: the first people to buckle, and we're going to see

376
00:17:17,000 --> 00:17:19,600
Speaker 2: massive sequestration or something like that across the board.

377
00:17:20,040 --> 00:17:22,600
Speaker 1: Maybe right, Because the other thing is that some of

378
00:17:22,640 --> 00:17:25,480
Speaker 1: these people, like psychopathically, don't really care if you lose

379
00:17:25,520 --> 00:17:27,919
Speaker 1: your job and your life is ruined as long as

380
00:17:27,960 --> 00:17:31,199
Speaker 1: it's bad for Joe Biden personally and so tanking the

381
00:17:31,280 --> 00:17:33,679
Speaker 1: economy under his watch they look at that and well,

382
00:17:33,680 --> 00:17:35,800
Speaker 1: that's too bad, but you know, it's bad for him politically,

383
00:17:35,800 --> 00:17:38,000
Speaker 1: and maybe it hands us more power next election cycle.

384
00:17:38,359 --> 00:17:40,560
Speaker 1: A lot of these people are craven enough to think

385
00:17:40,560 --> 00:17:44,520
Speaker 1: that way. So it definitely does put more pressure on

386
00:17:44,880 --> 00:17:47,440
Speaker 1: the Democratic side because they're you know, they're in charge

387
00:17:47,440 --> 00:17:50,560
Speaker 1: in the White House if you have a massive crash.

388
00:17:50,680 --> 00:17:53,440
Speaker 1: So we'll see how this all goes. Let's just put

389
00:17:53,440 --> 00:17:55,760
Speaker 1: this last piece up on the screen. As we mentioned before,

390
00:17:55,800 --> 00:17:59,640
Speaker 1: they are set to meet. Biden and McCarthy are set

391
00:17:59,680 --> 00:18:03,720
Speaker 1: to meet today. They spoke by phone on Sunday. McCarthy

392
00:18:03,880 --> 00:18:06,159
Speaker 1: was upbeat, they say, told reporters of the Capital the

393
00:18:06,240 --> 00:18:08,880
Speaker 1: call with Biden was productive and that the on again

394
00:18:08,960 --> 00:18:11,840
Speaker 1: off again negotiations between his staff and White House representatives

395
00:18:11,880 --> 00:18:15,880
Speaker 1: are focused on spending cuts, so we'll keep you updated.

396
00:18:16,000 --> 00:18:20,920
Speaker 1: And just a reminder, somewhere around June first is when

397
00:18:21,080 --> 00:18:22,960
Speaker 1: the stuff hits the fan.

398
00:18:23,280 --> 00:18:25,719
Speaker 4: So we are mere days away.

399
00:18:25,880 --> 00:18:28,439
Speaker 1: At this point, I think it's time for everybody to

400
00:18:28,440 --> 00:18:30,960
Speaker 1: really sit up and pay attention, because, as we laid

401
00:18:30,960 --> 00:18:34,520
Speaker 1: out for you last week about the potential doomsday scenario scenarios,

402
00:18:34,560 --> 00:18:35,800
Speaker 1: this is nothing to mess around with.

403
00:18:36,000 --> 00:18:39,000
Speaker 2: No, certainly, I mean, it will affect everybody's retirement portfolios.

404
00:18:39,000 --> 00:18:41,800
Speaker 2: It could even affect some of the banks and cause

405
00:18:41,880 --> 00:18:43,439
Speaker 2: a liquidity crisis, it could call it.

406
00:18:43,480 --> 00:18:45,360
Speaker 3: There's all kinds of crazy things. Nobody knows.

407
00:18:45,440 --> 00:18:48,160
Speaker 2: Nobody really has any idea how any of it would happen.

408
00:18:48,200 --> 00:18:51,359
Speaker 2: And yeah, they create extraordinary pressure. And at this point

409
00:18:51,440 --> 00:18:53,240
Speaker 2: until there is some sort of crash, I actually don't

410
00:18:53,240 --> 00:18:58,120
Speaker 2: know if there will be a major movement. Okay, let's

411
00:18:58,160 --> 00:19:01,240
Speaker 2: go in and let's talk about Ukraine. MAS updates in Ukraine.

412
00:19:01,359 --> 00:19:05,160
Speaker 2: After the G seven summit in Hiroshima, President Zelenski made

413
00:19:05,200 --> 00:19:08,520
Speaker 2: an appearance with President Biden. President Biden reversing long standing

414
00:19:08,600 --> 00:19:11,960
Speaker 2: US policy policy that he himself set only a couple

415
00:19:12,000 --> 00:19:13,359
Speaker 2: of months ago about No.

416
00:19:13,600 --> 00:19:15,320
Speaker 3: F sixteens to Ukraine.

417
00:19:15,600 --> 00:19:18,440
Speaker 2: Now, the initial announcement is that they will be training

418
00:19:18,640 --> 00:19:22,480
Speaker 2: Ukrainian pilots on the F sixteen platform, with possible delivery

419
00:19:22,600 --> 00:19:25,359
Speaker 2: in the months to come. Here is what President Biden

420
00:19:25,400 --> 00:19:26,840
Speaker 2: had to say. Let's take a listen.

421
00:19:27,040 --> 00:19:29,560
Speaker 5: You know my private meeting with President Zelensky after the

422
00:19:29,640 --> 00:19:33,439
Speaker 5: G seven meeting and with his staff, I told in

423
00:19:33,440 --> 00:19:36,280
Speaker 5: the United States, together with our allies and partners, is

424
00:19:36,359 --> 00:19:42,080
Speaker 5: going to begin training Ukrainian pilots in fourth generation fighter aircraft,

425
00:19:42,119 --> 00:19:51,120
Speaker 5: including F sixteens. It is for them. I have a

426
00:19:51,160 --> 00:19:57,199
Speaker 5: flat assurance from the from Zelenski that they will not

427
00:19:57,760 --> 00:20:00,880
Speaker 5: they will not use it to go on move into

428
00:20:01,520 --> 00:20:03,720
Speaker 5: Russian geographic territory.

429
00:20:04,280 --> 00:20:05,200
Speaker 3: Got a flat assurance.

430
00:20:05,840 --> 00:20:08,919
Speaker 2: I guess you could take that to the bank, right right, Well,

431
00:20:09,040 --> 00:20:09,640
Speaker 2: it's interesting.

432
00:20:09,720 --> 00:20:11,080
Speaker 3: Let's go and put this up there on the screen.

433
00:20:11,440 --> 00:20:14,520
Speaker 2: January from twenty twenty three, just four months ago, President

434
00:20:14,520 --> 00:20:17,240
Speaker 2: Biden walking across the South Line at the White House

435
00:20:17,520 --> 00:20:20,280
Speaker 2: on his return, a reporter shouts out, will you give

436
00:20:20,359 --> 00:20:23,240
Speaker 2: F sixteens to Ukraine? He says no. He then follows

437
00:20:23,320 --> 00:20:26,399
Speaker 2: up in an interview with CBS news is David Muir,

438
00:20:26,520 --> 00:20:29,880
Speaker 2: where he explained very cogently why he did not think

439
00:20:29,880 --> 00:20:32,840
Speaker 2: that Ukraine needed F sixteen fighter jets, why he thought

440
00:20:32,840 --> 00:20:34,960
Speaker 2: that the risk was too high, why he wanted to

441
00:20:35,000 --> 00:20:38,359
Speaker 2: avoid World War III, and he had quote discussed the

442
00:20:38,760 --> 00:20:41,760
Speaker 2: issue quote very carefully with his allies.

443
00:20:41,800 --> 00:20:43,920
Speaker 3: Now people need to remember this about the F sixteens.

444
00:20:43,960 --> 00:20:47,000
Speaker 2: Even if the US doesn't provide the F sixteens to Ukraine,

445
00:20:47,040 --> 00:20:49,320
Speaker 2: because it is our plane, we have to sign off

446
00:20:49,320 --> 00:20:53,639
Speaker 2: on any export from any NATO ally or any ally

447
00:20:53,720 --> 00:20:55,960
Speaker 2: actually that has them before they sell them. We get

448
00:20:56,000 --> 00:20:59,480
Speaker 2: like a first ride of refusal effectively on any such deal. So,

449
00:20:59,560 --> 00:21:04,040
Speaker 2: of course, since the surplane, our permission, where the decision maker,

450
00:21:04,119 --> 00:21:06,520
Speaker 2: even if we're not the ones who technically give them

451
00:21:06,520 --> 00:21:09,200
Speaker 2: to them, the decision from the top has always been

452
00:21:09,440 --> 00:21:12,720
Speaker 2: there's no way because they would likely use them, at

453
00:21:12,840 --> 00:21:15,320
Speaker 2: least in air to air combat with Russia, and it

454
00:21:15,359 --> 00:21:18,280
Speaker 2: could easily bleed over onto Russian territory.

455
00:21:18,320 --> 00:21:20,840
Speaker 3: Now, the other one, which is obvious to all.

456
00:21:20,760 --> 00:21:25,040
Speaker 2: Of us, is what qualifies Because according to the Russians,

457
00:21:25,119 --> 00:21:28,080
Speaker 2: Crimea is Russian territory. Now according to US and according

458
00:21:28,080 --> 00:21:30,920
Speaker 2: to Ukraine it's disputed or it's straight up Ukrainian.

459
00:21:31,119 --> 00:21:33,359
Speaker 3: Well, what does that mean? And what do we also know?

460
00:21:33,600 --> 00:21:37,160
Speaker 2: We know from our own reporting here at breaking points

461
00:21:37,200 --> 00:21:40,000
Speaker 2: whenever we had our hands on those initial Pentagon documents.

462
00:21:40,119 --> 00:21:41,320
Speaker 3: Put this up there on the screen.

463
00:21:41,680 --> 00:21:46,760
Speaker 2: We know from our own intercepts of President Zelenski.

464
00:21:46,520 --> 00:21:49,040
Speaker 3: That the CIA and the US Intelligence.

465
00:21:48,640 --> 00:21:54,080
Speaker 2: Committee believes that Ukrainian President Selenski wants long range missiles

466
00:21:54,480 --> 00:21:59,240
Speaker 2: and wants fighter jets specifically so he can strike deep

467
00:21:59,359 --> 00:22:01,959
Speaker 2: inside of Russia. And if you're one of those NAFO

468
00:22:02,160 --> 00:22:05,440
Speaker 2: idiots and if you think that we're lying, the Washington

469
00:22:05,480 --> 00:22:08,960
Speaker 2: Post reported it too. It talked about, what do they say, Crystal,

470
00:22:09,160 --> 00:22:12,600
Speaker 2: the aggressive behind the scenes presidence. This was like five

471
00:22:12,680 --> 00:22:16,000
Speaker 2: days ago, you know, right before this announcement. So look,

472
00:22:16,119 --> 00:22:19,080
Speaker 2: there is no reason to believe Zelenski literally at all.

473
00:22:19,760 --> 00:22:22,040
Speaker 2: All of the things that he wants to do behind

474
00:22:22,040 --> 00:22:25,200
Speaker 2: the scenes are right out here in the open. Because

475
00:22:25,240 --> 00:22:28,480
Speaker 2: of those leaked documents. Three months ago, we made the

476
00:22:28,480 --> 00:22:31,240
Speaker 2: decision not to provide them for him. Because of documents

477
00:22:31,280 --> 00:22:33,080
Speaker 2: like this, We're like, no, he's probably going to use

478
00:22:33,119 --> 00:22:35,919
Speaker 2: it to strike Russia. But now apparently you can just

479
00:22:35,960 --> 00:22:38,640
Speaker 2: take his word to the bank. The government which has

480
00:22:38,720 --> 00:22:43,280
Speaker 2: bombed the Crimeane bridge, which has assassinated people on Russian soil,

481
00:22:43,359 --> 00:22:46,200
Speaker 2: which may have had a whole hand in the nord

482
00:22:46,200 --> 00:22:49,119
Speaker 2: Stream pipeline bombing, and then consistently deny.

483
00:22:49,200 --> 00:22:51,720
Speaker 3: Oh and then what the most recent Kremlin attack?

484
00:22:52,160 --> 00:22:55,960
Speaker 4: Right? Hey, Kremlin literally like a couple.

485
00:22:55,800 --> 00:22:59,119
Speaker 2: Of days ago, right, And so I already know that.

486
00:22:59,200 --> 00:23:01,000
Speaker 2: You know, people are like, how can you blame I

487
00:23:01,040 --> 00:23:03,400
Speaker 2: don't blame them. Nobody is blaming them. If I were them,

488
00:23:03,440 --> 00:23:05,960
Speaker 2: I would be begging for F sixteen's be calling for

489
00:23:06,359 --> 00:23:07,160
Speaker 2: no fly zone.

490
00:23:07,240 --> 00:23:07,680
Speaker 3: All of that.

491
00:23:07,840 --> 00:23:10,520
Speaker 2: Russia is the aggressor, there's no question. If they're using

492
00:23:10,560 --> 00:23:13,480
Speaker 2: it just in a defensive capacity, that would be great.

493
00:23:13,720 --> 00:23:16,720
Speaker 2: But there's a reason that President Biden and his advisors

494
00:23:16,880 --> 00:23:18,800
Speaker 2: and many others did not want to do any of this.

495
00:23:19,000 --> 00:23:22,200
Speaker 2: And it's specifically because the risk on this is so high.

496
00:23:22,280 --> 00:23:24,720
Speaker 2: Once you know the CRIMEA scenario, it really is the

497
00:23:24,840 --> 00:23:29,040
Speaker 2: nightmare one because that is where total ambiguity. Technically everybody's

498
00:23:29,080 --> 00:23:31,440
Speaker 2: acting in you know, their best interests and all that

499
00:23:31,480 --> 00:23:33,720
Speaker 2: in the eyes of you know, each other's allies, but

500
00:23:33,800 --> 00:23:37,280
Speaker 2: could easily lead to a different situation. And we specifically

501
00:23:37,359 --> 00:23:41,080
Speaker 2: our own reporting, our own raw documents show not only

502
00:23:41,080 --> 00:23:43,119
Speaker 2: does he want to strike inside CRIMEA, wants to strike

503
00:23:43,320 --> 00:23:47,000
Speaker 2: deep inside of establish Russian territory, supply bases and all

504
00:23:47,000 --> 00:23:50,399
Speaker 2: of that with a US provided NATO provided platform, and

505
00:23:50,560 --> 00:23:54,280
Speaker 2: US provided and NATO provided munitions. I mean, this literally

506
00:23:54,440 --> 00:23:56,560
Speaker 2: was exactly what they told us they were going to

507
00:23:56,640 --> 00:24:00,240
Speaker 2: avoid from day one, Crystal, and now they've reversed themselves

508
00:24:00,400 --> 00:24:03,480
Speaker 2: completely on a dime and are expecting us all just

509
00:24:03,520 --> 00:24:08,200
Speaker 2: not to pay attention to this is probably the most

510
00:24:08,560 --> 00:24:13,960
Speaker 2: significant action outside of the Patriot missiles since the decision

511
00:24:14,040 --> 00:24:15,400
Speaker 2: on the no fly zone.

512
00:24:15,480 --> 00:24:18,000
Speaker 1: And I listened to Jim Sullivan try to explain why

513
00:24:18,040 --> 00:24:20,320
Speaker 1: now and why not before he was in an interview

514
00:24:20,320 --> 00:24:22,480
Speaker 1: with Jake Tapper, and of course Tapper's pushes like to

515
00:24:22,520 --> 00:24:23,760
Speaker 1: the Hawker side, like well, why.

516
00:24:23,680 --> 00:24:26,040
Speaker 4: Didn't you give him sooner? Which, frankly, if you are

517
00:24:26,080 --> 00:24:28,240
Speaker 4: going to give him an out, that's a good Question's actually.

518
00:24:28,000 --> 00:24:30,280
Speaker 1: A reasonable question, even though you know, I object to

519
00:24:30,320 --> 00:24:32,399
Speaker 1: the fact that me he's always pushing the hawkish direction

520
00:24:32,520 --> 00:24:34,440
Speaker 1: rather than like, what the hell are you doing here?

521
00:24:34,520 --> 00:24:37,240
Speaker 1: What are you thinking? Why has your thinking changed so

522
00:24:37,320 --> 00:24:40,640
Speaker 1: much that previously you said no and now suddenly you're sure.

523
00:24:40,680 --> 00:24:43,160
Speaker 1: I'm sure it's going to be no problem whatsoever. Zelenski,

524
00:24:43,200 --> 00:24:45,000
Speaker 1: of course, he wouldn't strike on Russian soil when.

525
00:24:44,840 --> 00:24:48,240
Speaker 4: We already know they are I mean, Biden.

526
00:24:48,040 --> 00:24:50,440
Speaker 1: I can't believe that he is this naive or foolish

527
00:24:50,560 --> 00:24:53,720
Speaker 1: to think that really they're going to hold to their

528
00:24:53,760 --> 00:24:57,879
Speaker 1: word and only defensive purposes, et cetera, because we already

529
00:24:58,040 --> 00:25:00,760
Speaker 1: know that they have not held to that whatsoever. And

530
00:25:00,760 --> 00:25:03,119
Speaker 1: to your points are are like, I don't blame them whatsoever.

531
00:25:03,280 --> 00:25:06,280
Speaker 1: I blame our leadership, primarily because we are the ones

532
00:25:06,320 --> 00:25:10,240
Speaker 1: that are driving this train. So Sullivan had no coherent

533
00:25:10,359 --> 00:25:13,720
Speaker 1: response for why now and why not earlier? And it

534
00:25:13,880 --> 00:25:16,440
Speaker 1: just comes back to that quote, like you know, over

535
00:25:16,480 --> 00:25:19,160
Speaker 1: a long enough time horizons, Zelenski gets everything that he wants.

536
00:25:19,200 --> 00:25:20,800
Speaker 4: Yes, what's he going to push for next?

537
00:25:21,000 --> 00:25:23,520
Speaker 1: You know what's going to be the next step forward

538
00:25:23,880 --> 00:25:25,879
Speaker 1: that eventually six months from now, that's going to be

539
00:25:25,920 --> 00:25:28,119
Speaker 1: a flat no now and six months from now. But

540
00:25:28,160 --> 00:25:30,879
Speaker 1: I don't be okay, sure, here you go, no problem.

541
00:25:31,600 --> 00:25:33,520
Speaker 1: Where does how does this thing?

542
00:25:33,720 --> 00:25:36,840
Speaker 4: Ultimately? And this is extremely dangerous.

543
00:25:36,960 --> 00:25:39,359
Speaker 1: We know it's extremely dangerous based on the actions that

544
00:25:39,400 --> 00:25:42,280
Speaker 1: Selensky's already taken and from the leaked intercepts that we

545
00:25:42,359 --> 00:25:44,800
Speaker 1: know what he is pushing for even more aggressive action

546
00:25:44,880 --> 00:25:47,560
Speaker 1: behind the scenes we have just are handing him a

547
00:25:47,560 --> 00:25:51,359
Speaker 1: whole set of tools to engage in even more dangerous,

548
00:25:51,440 --> 00:25:54,080
Speaker 1: even more escalatory action that could draw us even more

549
00:25:54,080 --> 00:25:57,040
Speaker 1: directly into this conflict. And if you think Russia sees

550
00:25:57,160 --> 00:26:00,880
Speaker 1: any difference between US directly providing f sis and our

551
00:26:00,960 --> 00:26:04,119
Speaker 1: ally some ally providing them in US providing the training, you're.

552
00:26:04,000 --> 00:26:05,399
Speaker 2: A fool, well, because we're the ones who have to

553
00:26:05,480 --> 00:26:08,400
Speaker 2: rubber stamp it. Yes, Okay, ask yourself this, if what's

554
00:26:08,440 --> 00:26:11,800
Speaker 2: a Russian allied nation. If Tajikistan bombed the US base

555
00:26:11,840 --> 00:26:14,919
Speaker 2: in Afghanistan with the Russian plane, we're gonna blame Tajikistan.

556
00:26:14,960 --> 00:26:18,240
Speaker 2: We're gonna blame Russia, all right, use your brain here.

557
00:26:18,480 --> 00:26:21,760
Speaker 2: So this is part of the problem where the idea

558
00:26:21,840 --> 00:26:24,280
Speaker 2: and the decision matrix that I keep reading behind the

559
00:26:24,320 --> 00:26:25,879
Speaker 2: scenes is, well, we provided them with X and the

560
00:26:25,960 --> 00:26:27,920
Speaker 2: Russians didn't do anything, and then we provide them with what,

561
00:26:28,040 --> 00:26:30,120
Speaker 2: and the Russians didn't do anything. So if we provide

562
00:26:30,119 --> 00:26:32,159
Speaker 2: them with this, we just believe that they won't do anything.

563
00:26:32,359 --> 00:26:34,080
Speaker 2: And it's one of those where it's like you're right

564
00:26:34,160 --> 00:26:36,439
Speaker 2: until you're wrong, and then the risk of being wrong

565
00:26:36,800 --> 00:26:39,359
Speaker 2: is so high that everyone could die and we could

566
00:26:39,560 --> 00:26:41,880
Speaker 2: embroil in a massive conflict.

567
00:26:41,960 --> 00:26:44,840
Speaker 1: And I actually don't even accept that the Russians didn't

568
00:26:44,840 --> 00:26:47,439
Speaker 1: do anything, because I mean they had a draft, they

569
00:26:47,480 --> 00:26:49,200
Speaker 1: called up a bunch of right men. I mean they

570
00:26:49,240 --> 00:26:51,240
Speaker 1: have you know, they went back to hitting Kiev like

571
00:26:51,600 --> 00:26:55,399
Speaker 1: they actually have done things and escalated in response to

572
00:26:55,440 --> 00:26:58,159
Speaker 1: what they perceive as escalations from US and from the

573
00:26:58,280 --> 00:27:01,400
Speaker 1: Ukrainian instagraup. So what's what's the next step up the

574
00:27:01,560 --> 00:27:04,800
Speaker 1: escalation ladder from their perspective, And when do we get

575
00:27:04,920 --> 00:27:07,560
Speaker 1: to a point where we accept, Okay, this risk is

576
00:27:07,720 --> 00:27:08,480
Speaker 1: way too high.

577
00:27:08,520 --> 00:27:09,840
Speaker 4: To me, we are long past that.

578
00:27:09,960 --> 00:27:11,199
Speaker 3: Well, what's so stupid about it?

579
00:27:11,240 --> 00:27:13,920
Speaker 2: In my mind? And I already know the Ukrainian people whatever,

580
00:27:14,000 --> 00:27:15,800
Speaker 2: these people will get very angry with what I'm saying

581
00:27:15,880 --> 00:27:16,359
Speaker 2: is all.

582
00:27:16,240 --> 00:27:19,119
Speaker 3: Of this is over a scrap of eastern Ukraine.

583
00:27:19,359 --> 00:27:22,920
Speaker 2: Like, how in any world is this worth it in

584
00:27:23,000 --> 00:27:26,000
Speaker 2: any way to all of our core national interests. We

585
00:27:26,040 --> 00:27:30,679
Speaker 2: would never risk nuclear conflict over a scrap of disputed

586
00:27:30,760 --> 00:27:34,240
Speaker 2: territory that has changed hand multiple times over the last

587
00:27:34,440 --> 00:27:38,480
Speaker 2: several centuries. For what I mean, it's like, what possible

588
00:27:38,520 --> 00:27:39,919
Speaker 2: benefit are we getting out of this?

589
00:27:40,000 --> 00:27:42,720
Speaker 1: Well, because they don't see it as over a scrap

590
00:27:42,760 --> 00:27:43,120
Speaker 1: of land.

591
00:27:44,160 --> 00:27:45,000
Speaker 3: It's about democracy.

592
00:27:45,359 --> 00:27:47,320
Speaker 4: Well, I mean that's nonsense too.

593
00:27:47,359 --> 00:27:49,200
Speaker 1: They don't see it as being oh it's this great

594
00:27:49,200 --> 00:27:53,000
Speaker 1: war between democracy and authoritarianism. They see it as part

595
00:27:53,080 --> 00:27:56,200
Speaker 1: of this you know, global sort of like Cold War

596
00:27:56,400 --> 00:27:59,960
Speaker 1: and Hot War. In Ukraine, they have said outright, you know,

597
00:28:00,160 --> 00:28:03,040
Speaker 1: they want to weeke in Russia. They want to they

598
00:28:03,040 --> 00:28:06,040
Speaker 1: hope Putin will be deposed and pushed.

599
00:28:05,800 --> 00:28:07,000
Speaker 4: Down over all of this.

600
00:28:07,200 --> 00:28:09,600
Speaker 1: At the beginning of this conflict, there were several times

601
00:28:09,640 --> 00:28:12,880
Speaker 1: where they openly admitted what the real aims and goals were,

602
00:28:13,119 --> 00:28:15,520
Speaker 1: because they don't want a Russia and China alliance that

603
00:28:15,560 --> 00:28:19,840
Speaker 1: can you know, really rival US as superpowers in the world.

604
00:28:19,960 --> 00:28:22,560
Speaker 1: So that's a real goal here. I mean, whatever you

605
00:28:22,600 --> 00:28:24,720
Speaker 1: think of this conflict, don't believe any of the happy

606
00:28:24,720 --> 00:28:27,000
Speaker 1: talk about oh this is about democracy, or about this

607
00:28:27,040 --> 00:28:30,280
Speaker 1: is about Ukrainian sovereign you know, territorial disputes or whatever.

608
00:28:30,880 --> 00:28:33,439
Speaker 1: That's what this is really all about. And you know,

609
00:28:33,520 --> 00:28:35,560
Speaker 1: we're all just like ponds and playthings in their game.

610
00:28:35,760 --> 00:28:37,960
Speaker 2: It worked out real well in South Vietnam and for

611
00:28:38,160 --> 00:28:41,800
Speaker 2: exact for Presidents Lensky. We shouldn't forget that what was

612
00:28:41,840 --> 00:28:44,560
Speaker 2: the one thing that he begged the American people for

613
00:28:44,640 --> 00:28:48,360
Speaker 2: whenever he was here in Washington, and then frankly demanded

614
00:28:49,080 --> 00:28:52,040
Speaker 2: publicly that we give him F sixteen's. He always gets

615
00:28:52,080 --> 00:28:53,479
Speaker 2: what he wants. Here's what he had to say at

616
00:28:53,480 --> 00:28:53,800
Speaker 2: the time.

617
00:28:54,120 --> 00:28:56,840
Speaker 6: We don't have the fight su jounts to deal with

618
00:28:56,880 --> 00:29:03,360
Speaker 6: it to counter rock the Russian hips, and we really

619
00:29:03,440 --> 00:29:08,560
Speaker 6: need this and really appeal to the President that they

620
00:29:08,600 --> 00:29:12,400
Speaker 6: could start training Ukrainian pilots and the President Biden told

621
00:29:12,440 --> 00:29:16,280
Speaker 6: me that it will be worked upon, and I believe

622
00:29:16,320 --> 00:29:21,480
Speaker 6: that United States will give us the opportunity to defend

623
00:29:21,520 --> 00:29:22,160
Speaker 6: our skies.

624
00:29:22,280 --> 00:29:24,640
Speaker 3: He was right, he made that prediction only three months ago.

625
00:29:25,320 --> 00:29:28,280
Speaker 2: Yeah, outside of the no fly zone, not one person

626
00:29:28,280 --> 00:29:30,680
Speaker 2: could point me one thing that he didn't get eventually

627
00:29:30,720 --> 00:29:33,360
Speaker 2: that from what he wanted. And on top of that, actually,

628
00:29:33,400 --> 00:29:36,080
Speaker 2: let's go to the next part here, because it's so important, Crystal,

629
00:29:36,280 --> 00:29:40,040
Speaker 2: is that this comes on the heels of a major

630
00:29:40,200 --> 00:29:43,640
Speaker 2: loss for Ukraine. Although many people apparently are trying to

631
00:29:43,640 --> 00:29:47,360
Speaker 2: spin it differently, the head of the Wagner Group, President Putin,

632
00:29:48,000 --> 00:29:50,800
Speaker 2: have all come out and said that the eight months

633
00:29:50,840 --> 00:29:54,080
Speaker 2: struggle between Russia and Ukraine over the strategic city of

634
00:29:54,120 --> 00:29:57,200
Speaker 2: Bakhmut is now over and that they are claiming full

635
00:29:57,240 --> 00:30:00,800
Speaker 2: control of Bakmu. Now President Zelenski, to be clear, is

636
00:30:00,840 --> 00:30:02,760
Speaker 2: denying this. Let's go and put the next one up

637
00:30:02,800 --> 00:30:05,320
Speaker 2: there on the screen. He was asked about it while

638
00:30:05,360 --> 00:30:08,760
Speaker 2: he was in Hiroshima. He said, quote though, that Russia's

639
00:30:08,960 --> 00:30:11,400
Speaker 2: had fully controls the city or sorry. He denied that

640
00:30:11,480 --> 00:30:14,320
Speaker 2: Russia fully controlled the city, but then said that there's

641
00:30:14,440 --> 00:30:17,440
Speaker 2: nothing left but dead Russians who are in the city,

642
00:30:18,160 --> 00:30:21,720
Speaker 2: and that Bakhmut is only in our hearts because it

643
00:30:21,760 --> 00:30:23,320
Speaker 2: has all been completely destroyed.

644
00:30:23,360 --> 00:30:25,240
Speaker 3: Now on that, I don't think there.

645
00:30:25,440 --> 00:30:29,440
Speaker 2: Is any dispute, but I am really beginning to feel

646
00:30:29,480 --> 00:30:33,959
Speaker 2: like I'm losing my mind to here, Crystal. Because Zelensky

647
00:30:34,080 --> 00:30:41,080
Speaker 2: poured billions of dollars of ammunition and artillery into this battle.

648
00:30:41,440 --> 00:30:43,800
Speaker 3: The theory was, well.

649
00:30:43,560 --> 00:30:46,200
Speaker 2: We're gonna keep killing as many Russians as possible. We're

650
00:30:46,240 --> 00:30:49,200
Speaker 2: on the defensive, they're on the offensive. We can bleed

651
00:30:49,280 --> 00:30:52,360
Speaker 2: him dry. This will be our stand. I mean, am

652
00:30:52,360 --> 00:30:54,600
Speaker 2: I the only guy who remembers that he literally bought

653
00:30:54,680 --> 00:30:58,600
Speaker 2: a brought a Brockmud flag to Washington that was signed

654
00:30:58,640 --> 00:30:59,280
Speaker 2: by the guys.

655
00:30:59,720 --> 00:31:00,680
Speaker 3: That's that's how important.

656
00:31:00,680 --> 00:31:03,479
Speaker 2: This victory was like it was their Battle of the Bulge,

657
00:31:03,600 --> 00:31:06,760
Speaker 2: like it was their big turnpoint. I mean, look, and

658
00:31:06,800 --> 00:31:09,720
Speaker 2: I don't say this with relish. They just lost a

659
00:31:09,880 --> 00:31:13,560
Speaker 2: major battle of attrition. Now everyone in the media is

660
00:31:13,600 --> 00:31:15,880
Speaker 2: trying to spin it and they're like, oh, this is

661
00:31:15,920 --> 00:31:17,880
Speaker 2: actually a pyrrhic victory for Russia.

662
00:31:17,920 --> 00:31:18,240
Speaker 3: Maybe.

663
00:31:18,280 --> 00:31:20,840
Speaker 2: I mean, certainly they lost a ton of people taking

664
00:31:20,840 --> 00:31:23,000
Speaker 2: the city. I'm not saying it's to their benefit really

665
00:31:23,040 --> 00:31:24,360
Speaker 2: at all. I mean, I don't think any of these

666
00:31:24,360 --> 00:31:27,720
Speaker 2: people should be dying anyways, But there's a reason that

667
00:31:27,760 --> 00:31:30,840
Speaker 2: they were fighting over this city in the first place.

668
00:31:31,200 --> 00:31:34,680
Speaker 2: David Sachs actually had a pretty good summary. Number One,

669
00:31:34,800 --> 00:31:37,440
Speaker 2: backBut is a regional transport and logistics hub. It gives

670
00:31:37,480 --> 00:31:40,040
Speaker 2: a Russia now access to roads and to rail, and

671
00:31:40,080 --> 00:31:43,680
Speaker 2: it places larger cities with an easier range of Russian artillery,

672
00:31:43,840 --> 00:31:47,479
Speaker 2: which is exactly why Zelenski and his government didn't want

673
00:31:47,520 --> 00:31:49,400
Speaker 2: them to take it in the first place. Number Two,

674
00:31:49,640 --> 00:31:52,560
Speaker 2: it has unique defensive fortifications. They have a network of

675
00:31:52,600 --> 00:31:55,520
Speaker 2: subterranean salt mines and tunnels one hundred miles, which is

676
00:31:55,520 --> 00:31:58,160
Speaker 2: what contributed a lot to its defensibility, and it provides

677
00:31:58,200 --> 00:32:01,680
Speaker 2: an underground complex to stockpile weens, munitions and equipment, other

678
00:32:01,760 --> 00:32:04,120
Speaker 2: lines of defense. But Bachmut may have been very unique

679
00:32:04,120 --> 00:32:07,480
Speaker 2: for Ukraine. The idea also is what I just pointed out.

680
00:32:07,760 --> 00:32:10,520
Speaker 2: This was their moral stand. This was there like our

681
00:32:10,720 --> 00:32:14,440
Speaker 2: big thing. Now, look, let's caveat it with this. This

682
00:32:14,600 --> 00:32:18,240
Speaker 2: all could be part of a faint right they lose Bakmut,

683
00:32:18,400 --> 00:32:20,640
Speaker 2: they're pretending to be on the back foot, and this

684
00:32:20,800 --> 00:32:23,320
Speaker 2: is all in the you know, gearing up for a

685
00:32:23,360 --> 00:32:26,800
Speaker 2: major spring counter offensive like what they had last year.

686
00:32:27,960 --> 00:32:31,240
Speaker 2: I want to be very clear, it very possibly could

687
00:32:31,240 --> 00:32:35,600
Speaker 2: be something like that. But one other theory that is

688
00:32:35,600 --> 00:32:39,240
Speaker 2: out there is that Russia actually may have used Bakmut

689
00:32:39,280 --> 00:32:42,680
Speaker 2: as a trap crystal to lure Ukrainian troops in generals,

690
00:32:42,960 --> 00:32:47,520
Speaker 2: causing them huge casualties and possibly imperiling their ability.

691
00:32:47,240 --> 00:32:48,280
Speaker 3: For their counter offensive.

692
00:32:48,320 --> 00:32:50,520
Speaker 2: And you know why I'm thinking that, or why I

693
00:32:50,520 --> 00:32:54,320
Speaker 2: think that there is some credence because US generals told

694
00:32:54,320 --> 00:32:55,640
Speaker 2: them this months ago.

695
00:32:55,680 --> 00:32:56,840
Speaker 3: Put this up there on the screen.

696
00:32:57,160 --> 00:33:00,360
Speaker 2: This is from CNN, okay, and it shows, you know,

697
00:33:00,400 --> 00:33:02,920
Speaker 2: the laundering of the deep state press. But they're like

698
00:33:03,000 --> 00:33:05,440
Speaker 2: the US and its allies want Ukraine to change its

699
00:33:05,480 --> 00:33:08,440
Speaker 2: battle tactics. In the spring, because they are pointing out

700
00:33:08,560 --> 00:33:12,280
Speaker 2: that the Ukrainians have poured massive amounts of our US

701
00:33:12,400 --> 00:33:14,600
Speaker 2: taxpayer provided aid into this battle.

702
00:33:14,720 --> 00:33:16,200
Speaker 3: They lost a ton of people.

703
00:33:16,400 --> 00:33:18,800
Speaker 2: It's been a brutal war of attrition, and at the

704
00:33:18,880 --> 00:33:21,560
Speaker 2: end of the day, Russia has an industrial base and

705
00:33:21,640 --> 00:33:24,200
Speaker 2: can draft as many people as it wants, and Ukraine

706
00:33:24,440 --> 00:33:27,800
Speaker 2: is a wiped out country with no industrial base, no currency,

707
00:33:27,960 --> 00:33:30,719
Speaker 2: completely propped up by the US and the Western allies

708
00:33:30,760 --> 00:33:33,560
Speaker 2: basically at the charity of our taxpayers. They have nothing

709
00:33:34,000 --> 00:33:36,800
Speaker 2: and they would fold instantly as opposed to where the

710
00:33:36,880 --> 00:33:39,000
Speaker 2: Russians are. So if you look at the long term

711
00:33:39,040 --> 00:33:41,200
Speaker 2: prospects on this, this is not a good sign.

712
00:33:41,560 --> 00:33:42,680
Speaker 3: Well, it's not good for them.

713
00:33:42,760 --> 00:33:44,760
Speaker 1: This is what the US was trying to persuade them.

714
00:33:44,760 --> 00:33:47,560
Speaker 1: It's basically like, look, y'all, a war of attrition, this

715
00:33:47,640 --> 00:33:50,720
Speaker 1: is not a good landscape for you because Russia has

716
00:33:50,960 --> 00:33:54,400
Speaker 1: massive industrial capacity, and if we were going to go

717
00:33:54,520 --> 00:33:56,920
Speaker 1: all in with Ukraine in a war of attrition, we

718
00:33:57,000 --> 00:33:59,880
Speaker 1: would be ramping up industrial capacity. Obviously we're not doing that,

719
00:34:00,160 --> 00:34:03,160
Speaker 1: just drawing down the stockpiles that we already have. So

720
00:34:03,920 --> 00:34:06,160
Speaker 1: you have both sides in this bach.

721
00:34:05,960 --> 00:34:08,160
Speaker 4: Mot battle claiming.

722
00:34:07,800 --> 00:34:10,440
Speaker 1: That their goal is basically to turn it into a

723
00:34:10,480 --> 00:34:13,480
Speaker 1: meat grinder for the other side and to you know,

724
00:34:13,600 --> 00:34:15,960
Speaker 1: wear them down so that they're in a stronger position

725
00:34:16,040 --> 00:34:19,520
Speaker 1: here for whatever offensive or whatever action is to come.

726
00:34:20,360 --> 00:34:23,239
Speaker 1: But that cannot you know, So even though Ukrainians are

727
00:34:23,239 --> 00:34:25,120
Speaker 1: saying like, oh, this was our goal all along, which

728
00:34:25,160 --> 00:34:26,840
Speaker 1: just to wear down the Russian so that we're in

729
00:34:26,880 --> 00:34:30,080
Speaker 1: a stronger position, but you know, ultimately you have to

730
00:34:30,160 --> 00:34:32,960
Speaker 1: say the side that won the battle probably is likely

731
00:34:33,000 --> 00:34:34,920
Speaker 1: to have taken fewer losses, is likely to be in

732
00:34:34,920 --> 00:34:38,200
Speaker 1: the stronger position moving forward, certainly has one a prize

733
00:34:38,200 --> 00:34:40,520
Speaker 1: that is of some strategic value in terms of how

734
00:34:40,520 --> 00:34:43,319
Speaker 1: the conflict unfolds. And then the other thing that is

735
00:34:43,400 --> 00:34:45,960
Speaker 1: wild to me. I keep in mind, this was the

736
00:34:46,080 --> 00:34:49,279
Speaker 1: longest and bloodiest battle of the whole war. This has

737
00:34:49,280 --> 00:34:53,600
Speaker 1: been going on for months. The amount of manpower, the

738
00:34:53,600 --> 00:34:56,520
Speaker 1: amount of deaths, the amount of material that was used

739
00:34:56,560 --> 00:35:00,440
Speaker 1: here is quite astonishing. So now for the media to

740
00:35:00,480 --> 00:35:02,879
Speaker 1: buy the line of like, oh, it's really no big deal,

741
00:35:03,239 --> 00:35:06,879
Speaker 1: pyrrhic victory, no problem. I mean, that's just that has

742
00:35:06,920 --> 00:35:10,560
Speaker 1: to be dishonest. That is like, really obviously dishonest that

743
00:35:10,960 --> 00:35:13,239
Speaker 1: they've been talking about this for months. They've I saw

744
00:35:13,280 --> 00:35:15,319
Speaker 1: headlines even last week they were like the Ukrainians are

745
00:35:15,320 --> 00:35:17,759
Speaker 1: doing well, they're gaining ground, et cetera. Reddit here, and

746
00:35:17,800 --> 00:35:20,799
Speaker 1: then you know, and then days later it's like, well,

747
00:35:20,800 --> 00:35:22,680
Speaker 1: it looks like they lost, but it's no big deal.

748
00:35:22,680 --> 00:35:25,520
Speaker 1: Don't worry about it. Everything is still going according to planned.

749
00:35:25,600 --> 00:35:28,000
Speaker 1: So it also I think reveals a lot of media

750
00:35:28,040 --> 00:35:28,960
Speaker 1: dishonest as well.

751
00:35:29,000 --> 00:35:32,319
Speaker 3: Credit. I mean, it is stunning actually to behold, and.

752
00:35:32,280 --> 00:35:34,279
Speaker 2: You know, I mean even now I'm reading they're like,

753
00:35:34,320 --> 00:35:38,800
Speaker 2: as Ibakhok slips, Ukrainian forces pushed to encircle the city.

754
00:35:39,080 --> 00:35:41,040
Speaker 2: You know, they're doing their best to try and retake

755
00:35:41,080 --> 00:35:42,640
Speaker 2: some of the ground. So of course, look, it's not

756
00:35:42,760 --> 00:35:45,920
Speaker 2: over now. They want to make the Russians suffer because

757
00:35:45,920 --> 00:35:47,680
Speaker 2: they're going to have to hold the city after they

758
00:35:47,680 --> 00:35:49,560
Speaker 2: took it, and it would be a bad look, of course,

759
00:35:49,600 --> 00:35:52,279
Speaker 2: if they were able to. So I'm not saying that

760
00:35:52,280 --> 00:35:54,719
Speaker 2: the battle is over or any of that in any

761
00:35:54,760 --> 00:35:59,759
Speaker 2: way more though, they are the ones who spent thousands

762
00:35:59,800 --> 00:36:04,880
Speaker 2: of men, billions of dollars of AMMO and of artillery

763
00:36:05,239 --> 00:36:08,280
Speaker 2: on defending this city. So then you can't turn around

764
00:36:08,280 --> 00:36:11,880
Speaker 2: and tell us that this was some major strategic victory apparently,

765
00:36:12,000 --> 00:36:12,840
Speaker 2: right for Ukraine.

766
00:36:12,840 --> 00:36:13,720
Speaker 3: I mean, that's insane.

767
00:36:14,040 --> 00:36:17,120
Speaker 1: And where's that spring offensive. We've been here in Seisa.

768
00:36:16,680 --> 00:36:18,719
Speaker 3: Too on that one. I have no idea, but I

769
00:36:18,760 --> 00:36:19,239
Speaker 3: do know this.

770
00:36:19,440 --> 00:36:21,800
Speaker 2: They probably spent a hell of a lot of AMMO

771
00:36:21,960 --> 00:36:26,439
Speaker 2: and artillery on this battle that our generals were like, hey,

772
00:36:26,480 --> 00:36:28,880
Speaker 2: you shouldn't do this because it's going to bleed away

773
00:36:29,160 --> 00:36:32,400
Speaker 2: from that and we don't have billions more dollars to

774
00:36:32,440 --> 00:36:34,920
Speaker 2: send you, you know, our Congress, we're in the middle

775
00:36:34,960 --> 00:36:36,640
Speaker 2: of a bet ceiling fight.

776
00:36:36,680 --> 00:36:38,799
Speaker 3: There ain't another fifty billion come in your.

777
00:36:38,719 --> 00:36:41,080
Speaker 1: Way, which could be the reason why Biden caves at

778
00:36:41,080 --> 00:36:43,759
Speaker 1: this point for US sixteens, because I think you might

779
00:36:43,920 --> 00:36:45,560
Speaker 1: you know, I mean, this is and this is always

780
00:36:45,640 --> 00:36:48,800
Speaker 1: the logic is pointed out by our friend Bronco Marcitic,

781
00:36:48,840 --> 00:36:51,600
Speaker 1: which is, if Ukraine is doing poorly, you know, just

782
00:36:51,680 --> 00:36:53,440
Speaker 1: lost the Battle of back Mood, it's all right, we

783
00:36:54,000 --> 00:36:56,200
Speaker 1: got to back them up so that they can gain leverage,

784
00:36:56,239 --> 00:36:58,680
Speaker 1: so that they're in a better position for whatever negotiations

785
00:36:58,680 --> 00:37:01,799
Speaker 1: may theoretically come down the line. And if they're doing well,

786
00:37:01,840 --> 00:37:03,719
Speaker 1: then it's like, oh, let's make a win. Let's give

787
00:37:03,800 --> 00:37:05,600
Speaker 1: them more so that they can, you know, just take

788
00:37:05,640 --> 00:37:06,520
Speaker 1: back their territory.

789
00:37:06,520 --> 00:37:09,520
Speaker 4: Altogether, both roads lead.

790
00:37:09,360 --> 00:37:13,080
Speaker 1: To us sending more, doing more, escalating more, and it

791
00:37:13,360 --> 00:37:15,640
Speaker 1: just it just appears to be an endless cycle. So,

792
00:37:16,600 --> 00:37:18,760
Speaker 1: you know, no way to know if that's the reason

793
00:37:18,800 --> 00:37:23,200
Speaker 1: why F sixteen's have been proffered at this particular juncture,

794
00:37:23,239 --> 00:37:25,080
Speaker 1: but I don't think it's crazy to imagine that either.

795
00:37:25,200 --> 00:37:27,840
Speaker 3: There we go, who knows. We'll keep everybody.

796
00:37:27,440 --> 00:37:30,000
Speaker 1: Updated, all right, So let's turn to domestic politics in

797
00:37:30,040 --> 00:37:32,520
Speaker 1: a huge week, in some ways one of the biggest

798
00:37:32,520 --> 00:37:35,879
Speaker 1: weeks yet in terms of the Republican primary. Let's start

799
00:37:35,920 --> 00:37:40,080
Speaker 1: with Trump's primary rival here, Ron de Santis. He just

800
00:37:40,120 --> 00:37:42,359
Speaker 1: had a pretty revealing call with donors. Put this up

801
00:37:42,360 --> 00:37:45,600
Speaker 1: on the screen, where he made his strongest case yet

802
00:37:45,960 --> 00:37:48,600
Speaker 1: against Trump. Now, let's just pause for a moment and

803
00:37:48,680 --> 00:37:51,839
Speaker 1: note the grotesqueness of American politics.

804
00:37:51,320 --> 00:37:54,240
Speaker 4: Where your most sort of direct.

805
00:37:53,920 --> 00:37:57,280
Speaker 1: And honest comments come to a bunch of billionaire donor

806
00:37:57,320 --> 00:38:00,200
Speaker 1: class elites. But that is the reality that we live in. Here,

807
00:38:00,480 --> 00:38:03,640
Speaker 1: the headline is Biden and Me. DeSantis privately tells donors

808
00:38:03,680 --> 00:38:05,719
Speaker 1: Trump can't win in a phone call with top donors,

809
00:38:05,760 --> 00:38:07,719
Speaker 1: the Florida governor took his most direct shots yet at

810
00:38:07,760 --> 00:38:11,359
Speaker 1: Donald Trump. He is expected to officially enter the presidential race.

811
00:38:11,480 --> 00:38:13,719
Speaker 1: This article says next week. That would be this week

812
00:38:13,760 --> 00:38:16,480
Speaker 1: he is expected to enter the race. Let me give

813
00:38:16,520 --> 00:38:18,880
Speaker 1: you some of the quotes from this call, which by

814
00:38:18,880 --> 00:38:20,960
Speaker 1: the way, a New York Times reporter was on, so

815
00:38:21,600 --> 00:38:25,319
Speaker 1: you know, certainly intentionally there as well. He said that

816
00:38:25,600 --> 00:38:28,520
Speaker 1: there were only three quote, credible candidates in the race.

817
00:38:28,680 --> 00:38:30,920
Speaker 1: Quote you have basically three people at this point that

818
00:38:30,960 --> 00:38:34,120
Speaker 1: are credible in this whole thing, Biden, Trump, and me.

819
00:38:34,440 --> 00:38:37,040
Speaker 1: And I think of those three, two have a chance

820
00:38:37,080 --> 00:38:40,120
Speaker 1: to get elected president Biden and Me based on all

821
00:38:40,160 --> 00:38:41,799
Speaker 1: the data and the swing states, which is not great

822
00:38:41,800 --> 00:38:44,759
Speaker 1: for the former president and probably insurmountable because people are

823
00:38:44,760 --> 00:38:47,719
Speaker 1: not going to change their view of him. He is

824
00:38:47,760 --> 00:38:52,200
Speaker 1: expected to file paperwork ahead of another donor meeting in Miami,

825
00:38:52,560 --> 00:38:54,640
Speaker 1: which is happening on May twenty fifth. Today is May

826
00:38:54,719 --> 00:38:56,520
Speaker 1: twenty second, so you can see it's probably going to

827
00:38:56,520 --> 00:38:59,360
Speaker 1: be like Tuesday Wednesday. He's also likely to release a

828
00:38:59,480 --> 00:39:02,920
Speaker 1: video that coincide with that official entrance in the week,

829
00:39:03,000 --> 00:39:06,359
Speaker 1: and it is very intentional that he's launching and then

830
00:39:06,400 --> 00:39:09,880
Speaker 1: doing this big donor meeting down in Miami. He wants

831
00:39:09,920 --> 00:39:13,000
Speaker 1: to have this big financial show of force going into

832
00:39:13,360 --> 00:39:17,920
Speaker 1: the race. But noteworthy Soger, in this call, he really

833
00:39:18,080 --> 00:39:20,640
Speaker 1: didn't talk much about issues, especially some of the issues

834
00:39:20,640 --> 00:39:22,520
Speaker 1: that have been upsetting to the donor class that would

835
00:39:22,520 --> 00:39:26,160
Speaker 1: be Ukraine and abortion in particular. Instead, he's really leaning

836
00:39:26,200 --> 00:39:30,319
Speaker 1: into his electability argument of listen, how do we feel

837
00:39:30,320 --> 00:39:33,480
Speaker 1: about Trump? People hate him, that the views on him

838
00:39:33,520 --> 00:39:35,439
Speaker 1: are hard, and I'm the guy that can win.

839
00:39:35,760 --> 00:39:37,360
Speaker 4: I'm the one who's credible.

840
00:39:37,000 --> 00:39:39,359
Speaker 1: To defeat Biden in twenty twenty four, and so that's

841
00:39:39,400 --> 00:39:40,440
Speaker 1: why you should be on my team.

842
00:39:40,480 --> 00:39:42,279
Speaker 2: I mean, I think it's a good case. I think

843
00:39:42,280 --> 00:39:44,960
Speaker 2: he might even be right. The only problem are the

844
00:39:45,200 --> 00:39:48,319
Speaker 2: pesky GOP voters who have decided in the primary. And

845
00:39:48,719 --> 00:39:50,279
Speaker 2: we've talked about this before. This a give me a

846
00:39:50,320 --> 00:39:53,359
Speaker 2: great test as to my theory that Republicans, as far

847
00:39:53,400 --> 00:39:55,759
Speaker 2: as I can tell, don't care about electability, or at

848
00:39:55,760 --> 00:39:58,040
Speaker 2: the very least care much more about the person that

849
00:39:58,040 --> 00:40:00,600
Speaker 2: they like than they do about electability. Because of the

850
00:40:00,640 --> 00:40:04,000
Speaker 2: past track record where they said, we don't really like McCain,

851
00:40:04,239 --> 00:40:06,920
Speaker 2: we don't agree with him on a lot, but we'll

852
00:40:07,000 --> 00:40:08,320
Speaker 2: vote for him because they tell us he's going to

853
00:40:08,360 --> 00:40:10,680
Speaker 2: get elected. We're like, okay, and then twenty twelve, we

854
00:40:10,800 --> 00:40:13,600
Speaker 2: hate Obama. We hate him so much. Our heart wants

855
00:40:13,640 --> 00:40:15,480
Speaker 2: to go with Bachman. Our heart wants to go with

856
00:40:15,520 --> 00:40:18,120
Speaker 2: Sarah Palin. Our heart wants to but the elites tell

857
00:40:18,200 --> 00:40:20,840
Speaker 2: us Mitt Romney. So we're like, okay, we'll do Mitt Romney.

858
00:40:20,880 --> 00:40:23,279
Speaker 2: And he loses too, and then they're like, you know what,

859
00:40:23,520 --> 00:40:26,240
Speaker 2: We're done. We're not listening. We're going with Trump.

860
00:40:26,320 --> 00:40:28,160
Speaker 3: He's gonna lose, He's gonna lose, He's gonna lose, like

861
00:40:28,160 --> 00:40:29,520
Speaker 3: we love him anyway. And then he won.

862
00:40:29,719 --> 00:40:32,879
Speaker 2: And so you can see from that why a lot

863
00:40:32,880 --> 00:40:35,279
Speaker 2: of people have a tremendous amount of faith not only

864
00:40:35,280 --> 00:40:38,560
Speaker 2: in Trump, but dismiss a lot of the electability concerns

865
00:40:38,600 --> 00:40:41,040
Speaker 2: because they heard it for so long. They literally went

866
00:40:41,080 --> 00:40:43,640
Speaker 2: with their heart and they actually got what they wanted well.

867
00:40:43,680 --> 00:40:47,160
Speaker 1: And I think it also shows you, unsurprisingly, the way

868
00:40:47,200 --> 00:40:49,520
Speaker 1: the interests of the donor class and the interests of

869
00:40:49,560 --> 00:40:53,040
Speaker 1: the base, so you're not necessarily aligned for the base.

870
00:40:53,400 --> 00:40:54,919
Speaker 4: Do they really expect.

871
00:40:54,600 --> 00:40:57,400
Speaker 1: To get anything out of Washington, whether it's Trump or

872
00:40:57,440 --> 00:41:00,480
Speaker 1: Biden or whoever you know who is there at the

873
00:41:00,520 --> 00:41:03,040
Speaker 1: White House. They don't really expect these people to be

874
00:41:03,080 --> 00:41:05,799
Speaker 1: able to improve their lives with Trump. They feel like

875
00:41:05,840 --> 00:41:08,399
Speaker 1: at least they get the fight and the you know,

876
00:41:08,440 --> 00:41:12,000
Speaker 1: triggering the Libs that sort of bolsters them and you know,

877
00:41:12,160 --> 00:41:13,360
Speaker 1: is something that they.

878
00:41:13,280 --> 00:41:14,560
Speaker 4: Enjoy to watch unfold.

879
00:41:15,000 --> 00:41:17,400
Speaker 1: Well, the donor class, they do expect to get something

880
00:41:17,480 --> 00:41:19,279
Speaker 1: out of the occupant of the White House.

881
00:41:19,280 --> 00:41:20,800
Speaker 4: They want to get their tax cuts.

882
00:41:20,560 --> 00:41:22,080
Speaker 1: They want to get their brakes, they want to get

883
00:41:22,080 --> 00:41:24,560
Speaker 1: their subsidies, they want to get that special treatment that.

884
00:41:24,520 --> 00:41:26,080
Speaker 4: They are well and accustomed to.

885
00:41:26,560 --> 00:41:29,960
Speaker 1: So for them, yeah, electability is kind of everything because

886
00:41:30,000 --> 00:41:32,200
Speaker 1: they want to buy in on the winning ticket so

887
00:41:32,239 --> 00:41:34,560
Speaker 1: they can get whatever goodies it is that they want

888
00:41:34,600 --> 00:41:37,719
Speaker 1: to further fatten their own bottom lines. So there is

889
00:41:37,719 --> 00:41:40,600
Speaker 1: a real divide in terms of the interest of these

890
00:41:40,640 --> 00:41:41,520
Speaker 1: two groups of.

891
00:41:41,480 --> 00:41:43,520
Speaker 4: People on the electability piece.

892
00:41:43,600 --> 00:41:46,480
Speaker 1: I mean, maybe he's right and maybe he's not, because certainly,

893
00:41:46,560 --> 00:41:49,239
Speaker 1: that six week abortion ban is going to be in

894
00:41:49,360 --> 00:41:52,239
Speaker 1: every Democratic ad if you were the nominee going into

895
00:41:52,239 --> 00:41:53,840
Speaker 1: the fall, and we've seen the way that that has

896
00:41:53,880 --> 00:41:57,760
Speaker 1: turned into an extremely potent issue for Democrats in election

897
00:41:57,840 --> 00:42:01,520
Speaker 1: after election after election. So you know, I think it's

898
00:42:01,640 --> 00:42:03,440
Speaker 1: to me, it's very up in the air. Which of

899
00:42:03,480 --> 00:42:06,600
Speaker 1: these men is more electable. We don't have an element

900
00:42:06,640 --> 00:42:06,880
Speaker 1: for it.

901
00:42:06,880 --> 00:42:07,479
Speaker 4: But there was a.

902
00:42:07,400 --> 00:42:10,560
Speaker 1: Focus group, the results of which were just published this morning,

903
00:42:11,040 --> 00:42:14,719
Speaker 1: of voters who voted for Trump in twenty sixteen and

904
00:42:14,760 --> 00:42:19,360
Speaker 1: then voted for Biden in twenty twenty, and basically everybody

905
00:42:19,400 --> 00:42:20,240
Speaker 1: in the group hates.

906
00:42:20,040 --> 00:42:21,280
Speaker 4: Both of them.

907
00:42:21,520 --> 00:42:24,200
Speaker 1: Biden they offered up were you know, a week tired,

908
00:42:24,360 --> 00:42:26,440
Speaker 1: like the things that you would expect, but when you

909
00:42:26,480 --> 00:42:29,000
Speaker 1: asked about Trump, the emotions were even stronger. It was

910
00:42:29,040 --> 00:42:32,800
Speaker 1: like terrified, horrible, right, horrifying. These are not the exact words,

911
00:42:32,840 --> 00:42:34,320
Speaker 1: but you can get the sense of like one was

912
00:42:34,360 --> 00:42:36,480
Speaker 1: like not really crazy about this guy, and I'm not

913
00:42:36,480 --> 00:42:38,319
Speaker 1: sure he's up to it, and this one it was

914
00:42:38,360 --> 00:42:40,960
Speaker 1: like this is a horror show and we absolutely can't

915
00:42:40,960 --> 00:42:44,120
Speaker 1: go back there. So of that group of people, you

916
00:42:44,200 --> 00:42:46,840
Speaker 1: still had a majority saying, am I'm not crazy about Biden,

917
00:42:46,840 --> 00:42:48,440
Speaker 1: but I'm going to stick with them. You had I

918
00:42:48,440 --> 00:42:50,480
Speaker 1: think three who were going to go back to Trump,

919
00:42:50,640 --> 00:42:53,400
Speaker 1: and you had three out of the fifteen who were like,

920
00:42:53,480 --> 00:42:55,480
Speaker 1: I'm either not going to vote or maybe I'll vote for.

921
00:42:55,480 --> 00:42:56,200
Speaker 4: A third party.

922
00:42:56,760 --> 00:43:00,359
Speaker 1: This is the electability argument that the Biden team has

923
00:43:00,400 --> 00:43:03,600
Speaker 1: always banked on which is lesser or two evils.

924
00:43:03,840 --> 00:43:05,880
Speaker 4: You may not like me, you may not want me

925
00:43:05,920 --> 00:43:07,600
Speaker 4: to run, but you don't.

926
00:43:07,440 --> 00:43:10,120
Speaker 1: Want to go back to this guy Trump either, and

927
00:43:10,719 --> 00:43:12,520
Speaker 1: you know that's what they're hoping is going to work

928
00:43:12,560 --> 00:43:14,520
Speaker 1: out for them. The one thing that I will say

929
00:43:14,680 --> 00:43:16,879
Speaker 1: with regard to that focus group, I mean, number one,

930
00:43:16,960 --> 00:43:19,120
Speaker 1: you're talking about fifteen people, so always take it with

931
00:43:19,160 --> 00:43:19,880
Speaker 1: a great assault.

932
00:43:20,200 --> 00:43:20,719
Speaker 4: Number two.

933
00:43:20,960 --> 00:43:23,600
Speaker 1: Biden needed all fifteen of those in order to defeat

934
00:43:23,600 --> 00:43:27,239
Speaker 1: Trump last time around. So if you're losing fix of

935
00:43:27,280 --> 00:43:30,800
Speaker 1: those fifteen, either to third party candidates or to Donald Trump,

936
00:43:31,080 --> 00:43:33,640
Speaker 1: I'm not positive that math works out for him, because

937
00:43:33,719 --> 00:43:36,480
Speaker 1: don't forget, this was a very close race that came

938
00:43:36,560 --> 00:43:38,600
Speaker 1: down to, you know, tens of thousands of votes and

939
00:43:38,680 --> 00:43:39,640
Speaker 1: a handful of states.

940
00:43:39,680 --> 00:43:40,640
Speaker 4: It was not a landslide.

941
00:43:40,680 --> 00:43:42,799
Speaker 2: The other problem for DeSantis is that even though I

942
00:43:42,800 --> 00:43:45,360
Speaker 2: do believe he would be a strong general election candidate,

943
00:43:45,360 --> 00:43:46,799
Speaker 2: I'm not sure that he would win. But I do

944
00:43:46,840 --> 00:43:48,480
Speaker 2: think that he would be strong just because you'd be

945
00:43:48,480 --> 00:43:50,560
Speaker 2: stripped of some of the stop to steal nonsense, and

946
00:43:50,560 --> 00:43:52,160
Speaker 2: he would at least, at the very least have to

947
00:43:52,200 --> 00:43:55,480
Speaker 2: contest only on abortion and I'm not saying that he

948
00:43:55,480 --> 00:43:57,000
Speaker 2: wouldn't lose that too, but I think it would be

949
00:43:57,080 --> 00:43:59,799
Speaker 2: stronger ground, whereas Trump has to deal with both of them.

950
00:44:00,080 --> 00:44:00,319
Speaker 6: Well.

951
00:44:00,440 --> 00:44:01,879
Speaker 3: The problem, though, is.

952
00:44:01,800 --> 00:44:05,439
Speaker 2: That to coalesce all these people together, he needs the

953
00:44:05,719 --> 00:44:11,359
Speaker 2: entire pop never Trump coalition, maybe not Trump coalition, and

954
00:44:11,400 --> 00:44:12,560
Speaker 2: some of the Trump coalition.

955
00:44:13,000 --> 00:44:15,320
Speaker 3: And what's the issue? Put this up there on the screen.

956
00:44:16,000 --> 00:44:20,360
Speaker 2: Many Republicans who are in the party at the elite

957
00:44:20,440 --> 00:44:23,359
Speaker 2: level don't necessarily think he can do it. We're about

958
00:44:23,360 --> 00:44:26,400
Speaker 2: to talk about Chris Christy and Tim Scott and vivek

959
00:44:26,480 --> 00:44:31,600
Speaker 2: Ramaswami and Nikki Haley and Kris san Nunu and Asa Hutchinson.

960
00:44:32,000 --> 00:44:34,920
Speaker 2: And apparently this guy in North Dakota, Governor Doug Bergean

961
00:44:34,920 --> 00:44:37,719
Speaker 2: wants literally before I've never even heard of this guy,

962
00:44:37,880 --> 00:44:41,359
Speaker 2: Apparently he wants to run. Glenn Youngkin just put out

963
00:44:41,400 --> 00:44:43,680
Speaker 2: a video which makes him look like he might run,

964
00:44:43,719 --> 00:44:45,759
Speaker 2: even though he says he might not run. A lot

965
00:44:45,800 --> 00:44:48,759
Speaker 2: of people are riching for that lane because it's one

966
00:44:48,760 --> 00:44:51,400
Speaker 2: of those Why not me? Why shouldn't I be the

967
00:44:51,560 --> 00:44:55,400
Speaker 2: alternative to Trump? Why should we all coalesce around DeSantis?

968
00:44:55,560 --> 00:44:58,560
Speaker 2: Don't forget this either. The Republican Party does not have

969
00:44:58,600 --> 00:45:02,040
Speaker 2: the Obama equivalent of Democrats. The Democrats had Obama who

970
00:45:02,040 --> 00:45:03,600
Speaker 2: was willing to called Buda Jedge and.

971
00:45:03,560 --> 00:45:05,239
Speaker 3: Cloba Charm was like, hey, you guys gotta get out

972
00:45:05,239 --> 00:45:06,200
Speaker 3: of here. It's over.

973
00:45:06,480 --> 00:45:08,640
Speaker 2: You're dropping out of the race here endorsing Biden, and

974
00:45:08,640 --> 00:45:10,279
Speaker 2: they said, okay, we're going to do it.

975
00:45:10,400 --> 00:45:11,000
Speaker 3: And because that.

976
00:45:11,000 --> 00:45:13,920
Speaker 2: Made it very very easy for him to come in

977
00:45:14,120 --> 00:45:18,440
Speaker 2: and to beat Bernie on Super Tuesday. Well, the split

978
00:45:18,719 --> 00:45:22,839
Speaker 2: field from twenty sixteen, we literally had a movie where

979
00:45:22,840 --> 00:45:27,280
Speaker 2: this all played out. Crystal Republican Party officials desperately wanted

980
00:45:27,560 --> 00:45:30,239
Speaker 2: John Kasik, Ted Cruz, and Marco Rubio. They were like,

981
00:45:30,560 --> 00:45:32,160
Speaker 2: all but one of you needs to drop out. We

982
00:45:32,239 --> 00:45:35,319
Speaker 2: need to coalesce around a Trump alternative. And not one

983
00:45:35,360 --> 00:45:37,439
Speaker 2: of them would do it. And nobody is strong enough

984
00:45:37,480 --> 00:45:41,760
Speaker 2: in the party like Romney who had no credibility, McCain

985
00:45:42,120 --> 00:45:45,200
Speaker 2: was barely alive, Like none of them had any of

986
00:45:45,239 --> 00:45:47,040
Speaker 2: the credibility to call them and be like you need

987
00:45:47,040 --> 00:45:50,360
Speaker 2: to drop out. So there's no figure, there's no forcing function,

988
00:45:50,680 --> 00:45:53,040
Speaker 2: and as long as a lot of them have donors

989
00:45:53,320 --> 00:45:57,040
Speaker 2: and at least one delusional billionaire to back your campaign,

990
00:45:57,200 --> 00:45:57,920
Speaker 2: you're good to go.

991
00:45:58,239 --> 00:45:59,360
Speaker 3: You can just keep running.

992
00:45:59,480 --> 00:46:02,239
Speaker 2: So I think that it's the same you know, tragedy

993
00:46:02,480 --> 00:46:04,960
Speaker 2: or what was a tragedy of errors like comedy of

994
00:46:05,040 --> 00:46:08,560
Speaker 2: errors and Prisoner's dilemma that happened in twenty sixteen, which

995
00:46:08,600 --> 00:46:10,560
Speaker 2: is playing out exactly the same way.

996
00:46:10,600 --> 00:46:12,840
Speaker 1: Now, yeah, let's move to this next piece of some

997
00:46:12,880 --> 00:46:15,560
Speaker 1: of the candidates who are jumping in this week, because

998
00:46:15,600 --> 00:46:16,000
Speaker 1: I think.

999
00:46:15,840 --> 00:46:17,000
Speaker 4: You're exactly right.

1000
00:46:17,520 --> 00:46:21,399
Speaker 1: DeSantis really only shot was if he was strong enough

1001
00:46:21,560 --> 00:46:24,480
Speaker 1: a Trump alternative to clear the field of everybody else

1002
00:46:24,800 --> 00:46:28,759
Speaker 1: and have everybody coalesced behind him. That dream is dead.

1003
00:46:29,239 --> 00:46:30,839
Speaker 1: You now have put this up on the screen. Tim

1004
00:46:30,840 --> 00:46:33,720
Speaker 1: Scott has made it official, filing to run for president

1005
00:46:33,760 --> 00:46:35,600
Speaker 1: in twenty twenty four. We're going to get a big

1006
00:46:35,640 --> 00:46:41,279
Speaker 1: speech from him. Expectation is heavy on sort of biographical details.

1007
00:46:42,000 --> 00:46:47,560
Speaker 1: Tim Scott is embracing the movement conservative reaganesque type messaging.

1008
00:46:48,200 --> 00:46:50,759
Speaker 1: His advisors were telling reporters they don't feel like they

1009
00:46:50,840 --> 00:46:53,440
Speaker 1: need to make a contrast with Trump because it's so obvious.

1010
00:46:53,520 --> 00:46:56,480
Speaker 1: I'm not sure who it's obvious too, but anyway, that's

1011
00:46:56,480 --> 00:46:58,359
Speaker 1: their bet is that they don't actually have to go

1012
00:46:58,680 --> 00:47:01,120
Speaker 1: after Trump. He can just talk about his own thing

1013
00:47:01,200 --> 00:47:04,320
Speaker 1: and his up from the you know, up from poverty

1014
00:47:04,400 --> 00:47:07,600
Speaker 1: by the bootstrap story, and have this sort of positive,

1015
00:47:07,600 --> 00:47:11,040
Speaker 1: optimistic message and avoid criticizing Trump or really any of

1016
00:47:11,080 --> 00:47:11,920
Speaker 1: the other candidates.

1017
00:47:11,960 --> 00:47:13,680
Speaker 4: That's the bet that he is making.

1018
00:47:14,280 --> 00:47:16,160
Speaker 1: You know, we had a reporter on here last week

1019
00:47:16,239 --> 00:47:19,400
Speaker 1: just to play like Devil's Advocate in favor of Tim Scott,

1020
00:47:19,400 --> 00:47:22,719
Speaker 1: who said that the Trump people tell her that they

1021
00:47:22,719 --> 00:47:25,680
Speaker 1: are actually more worried about Tim Scott than you might think.

1022
00:47:26,320 --> 00:47:29,319
Speaker 1: That he unites a lot of factions of conservatives and

1023
00:47:29,560 --> 00:47:33,120
Speaker 1: is this very you know, likeable, effective politician, and so

1024
00:47:33,200 --> 00:47:35,719
Speaker 1: they feel like there may be more juice behind him

1025
00:47:35,719 --> 00:47:38,080
Speaker 1: than you might think. He also has a significant amount

1026
00:47:38,120 --> 00:47:39,200
Speaker 1: of money behind him too.

1027
00:47:39,520 --> 00:47:41,160
Speaker 4: He's already launched a six.

1028
00:47:41,000 --> 00:47:44,560
Speaker 1: Million dollar ad campaign in key presidential primary states that

1029
00:47:44,600 --> 00:47:48,560
Speaker 1: happen on Friday, and he is scheduled to announce actually today,

1030
00:47:48,640 --> 00:47:50,600
Speaker 1: so we'll get a sense of what that speeches and

1031
00:47:50,640 --> 00:47:53,320
Speaker 1: the details that are inside of it, and you know,

1032
00:47:53,440 --> 00:47:55,799
Speaker 1: let's be real too. Like the Tim Scott play is

1033
00:47:55,840 --> 00:47:58,800
Speaker 1: also to lean into sort of like conservative identity politics,

1034
00:47:58,960 --> 00:48:02,799
Speaker 1: similar to Nicki Haley, his fellow South Carolinian, lean into

1035
00:48:02,840 --> 00:48:06,760
Speaker 1: the biography you know, inspiring, very inspiring biography, lean into

1036
00:48:07,000 --> 00:48:09,799
Speaker 1: identity while also pretending like you don't really care about

1037
00:48:09,800 --> 00:48:13,400
Speaker 1: identity and it doesn't matter, and hope that that's enough alone,

1038
00:48:13,520 --> 00:48:16,320
Speaker 1: without going directly, without kicking sideways at Trump.

1039
00:48:16,360 --> 00:48:18,160
Speaker 2: And at the same time, you got Chris Christy. You

1040
00:48:18,200 --> 00:48:20,480
Speaker 2: put this up there on the screen. New Hampshire media

1041
00:48:20,520 --> 00:48:23,359
Speaker 2: reporting multiple sources of direct knowledge telling me Chris CHRISTI

1042
00:48:23,400 --> 00:48:25,560
Speaker 2: will be announcing a run for president in the coming days.

1043
00:48:25,760 --> 00:48:27,759
Speaker 2: The campaign will focus on New Hampshire and will have

1044
00:48:27,800 --> 00:48:30,680
Speaker 2: a financial backing of Mets owner Steve Cohen, amongst other

1045
00:48:30,880 --> 00:48:33,920
Speaker 2: Remember when I was talking about delusional billionaires there, that's

1046
00:48:33,920 --> 00:48:34,680
Speaker 2: where it's coming from.

1047
00:48:34,680 --> 00:48:38,719
Speaker 1: Well, let me say with Chris Christy, I don't think well,

1048
00:48:38,800 --> 00:48:40,960
Speaker 1: Chris Christy may be delusional enough to believe that he

1049
00:48:40,960 --> 00:48:43,799
Speaker 1: can win the Republican primary and be president, but what

1050
00:48:43,880 --> 00:48:46,520
Speaker 1: he laid down is basically like I can be the

1051
00:48:46,560 --> 00:48:49,560
Speaker 1: solution to this prisoner's dilemma. All you people are too

1052
00:48:49,600 --> 00:48:52,600
Speaker 1: afraid to attrack Donald Trump, and frankly for good reason,

1053
00:48:52,760 --> 00:48:55,239
Speaker 1: because it's never worked out well for anyone on the

1054
00:48:55,280 --> 00:48:59,239
Speaker 1: Republican side who came at Donald Trump. They always end

1055
00:48:59,320 --> 00:49:02,640
Speaker 1: up weekend and he always ends up stronger. So Christy

1056
00:49:02,719 --> 00:49:06,520
Speaker 1: thinks enough of his rhetorical jousting abilities to try to

1057
00:49:06,560 --> 00:49:08,800
Speaker 1: do to Donald Trump what he did to Marco Rubio

1058
00:49:08,840 --> 00:49:13,840
Speaker 1: famously back in twenty sixteen. So I think his theory

1059
00:49:14,120 --> 00:49:17,239
Speaker 1: and what the billionaires backing him are hoping, is that

1060
00:49:17,320 --> 00:49:20,160
Speaker 1: he can be like a guided missile aimed right at

1061
00:49:20,200 --> 00:49:23,479
Speaker 1: Trump to try to blow him up and make room

1062
00:49:23,520 --> 00:49:26,239
Speaker 1: and possibility for the other candidates. Now do I think

1063
00:49:26,280 --> 00:49:28,480
Speaker 1: that that's going to work out? Probably not, But it

1064
00:49:28,520 --> 00:49:31,680
Speaker 1: actually is more of a It makes more sense to

1065
00:49:31,719 --> 00:49:33,239
Speaker 1: me than some of the other folks that are in

1066
00:49:33,280 --> 00:49:35,160
Speaker 1: the race. At least he has like an idea of

1067
00:49:35,200 --> 00:49:39,320
Speaker 1: what his purpose is and doesn't really have an expectation.

1068
00:49:39,400 --> 00:49:41,560
Speaker 1: At least the people that are backing him don't really

1069
00:49:41,560 --> 00:49:43,480
Speaker 1: have an expectation that he'll end up being the guy.

1070
00:49:43,600 --> 00:49:45,160
Speaker 2: You know what it actually kind of hit home for

1071
00:49:45,280 --> 00:49:47,480
Speaker 2: me is I was like, if Chris Christy runs and

1072
00:49:47,520 --> 00:49:49,160
Speaker 2: he's going to be on the debate stage, I don't

1073
00:49:49,160 --> 00:49:51,920
Speaker 2: see any way that Trump would come to the debate

1074
00:49:52,000 --> 00:49:54,280
Speaker 2: because he would just beaying, why would I put myself

1075
00:49:54,280 --> 00:49:55,680
Speaker 2: in a situation where I'm going to take you where

1076
00:49:55,680 --> 00:49:58,920
Speaker 2: I coming attacks exactly I'm already the number one. And

1077
00:49:59,040 --> 00:50:02,279
Speaker 2: actually just and if DeSantis shows up, he looks like

1078
00:50:02,480 --> 00:50:05,040
Speaker 2: he's one of this other band of like marry people,

1079
00:50:05,160 --> 00:50:08,760
Speaker 2: like nine other candidates who are all just talking about

1080
00:50:08,760 --> 00:50:11,000
Speaker 2: Trump without Trump even at the attendance.

1081
00:50:11,120 --> 00:50:12,080
Speaker 3: Why would you even go?

1082
00:50:12,200 --> 00:50:13,799
Speaker 2: I mean, look, maybe he'll go just because he can't

1083
00:50:13,840 --> 00:50:16,480
Speaker 2: stand the media attention of him not going. But at

1084
00:50:16,520 --> 00:50:19,279
Speaker 2: the same time, it's like it hasn't he's threatened and

1085
00:50:19,320 --> 00:50:21,960
Speaker 2: he's thought about it before. Vivike Ramaswami too. Just to

1086
00:50:22,000 --> 00:50:25,200
Speaker 2: show people about how many billionaires and others are out there.

1087
00:50:25,040 --> 00:50:26,439
Speaker 3: Shopping, put this up there.

1088
00:50:27,200 --> 00:50:30,480
Speaker 2: Rupert Murdoch actually just met with vivike Ramaswami in late

1089
00:50:30,520 --> 00:50:33,640
Speaker 2: April and New York, according to two people. One person

1090
00:50:33,680 --> 00:50:36,000
Speaker 2: described it as a getting to know you session, where

1091
00:50:36,080 --> 00:50:40,200
Speaker 2: Murdoch often meets with rising political figures. Look, what do

1092
00:50:40,280 --> 00:50:43,080
Speaker 2: you take away from that? It's that these guys they're

1093
00:50:43,239 --> 00:50:47,200
Speaker 2: craven in the way that they only care about what's

1094
00:50:47,239 --> 00:50:51,560
Speaker 2: good for them. They are incredibly fickle. So first Murdoch

1095
00:50:51,680 --> 00:50:53,480
Speaker 2: was all in on DeSantis and he's like, well, maybe

1096
00:50:53,480 --> 00:50:54,080
Speaker 2: you can't win.

1097
00:50:53,960 --> 00:50:55,600
Speaker 3: So they're willing to just pull the plug from you.

1098
00:50:55,640 --> 00:50:58,560
Speaker 2: They don't have as the level of organic support and

1099
00:50:58,600 --> 00:51:01,799
Speaker 2: all that, and without that, when their ability to just

1100
00:51:01,880 --> 00:51:05,600
Speaker 2: shift and walk away possibly from you know, DeSantis and

1101
00:51:05,640 --> 00:51:07,640
Speaker 2: go to somebody else. Apparently Ken Griffin, you know, is

1102
00:51:07,640 --> 00:51:10,879
Speaker 2: another billionaires thinking a lot like this. Well, if those

1103
00:51:10,920 --> 00:51:13,680
Speaker 2: are the people who you were entirely reliant on, you're

1104
00:51:13,680 --> 00:51:14,560
Speaker 2: in a bad situation.

1105
00:51:14,840 --> 00:51:15,040
Speaker 3: Yeah.

1106
00:51:15,080 --> 00:51:16,800
Speaker 4: They the billionaire class.

1107
00:51:17,040 --> 00:51:19,839
Speaker 1: I mean there are just ideological in terms of what

1108
00:51:20,440 --> 00:51:21,080
Speaker 1: means for their.

1109
00:51:20,960 --> 00:51:23,440
Speaker 3: Own bottles by and large.

1110
00:51:22,880 --> 00:51:24,840
Speaker 1: And so yeah, they're happy to play the field. They

1111
00:51:24,880 --> 00:51:26,960
Speaker 1: don't have any loyalty. They want to get on the

1112
00:51:27,000 --> 00:51:28,520
Speaker 1: team of whoever is going to be the winner, who

1113
00:51:28,560 --> 00:51:30,600
Speaker 1: can give them those you know, special goodies or whatever

1114
00:51:30,640 --> 00:51:32,000
Speaker 1: it is they want out of the White House.

1115
00:51:32,400 --> 00:51:34,520
Speaker 4: So yeah, there's there's no loyalty there.

1116
00:51:34,800 --> 00:51:39,480
Speaker 1: And I think that DeSantis has shown enough weakness that

1117
00:51:39,560 --> 00:51:42,719
Speaker 1: the field is now very large. The piece about the debates,

1118
00:51:42,520 --> 00:51:45,840
Speaker 1: it's so, you know, I think you're one hundred percent correct.

1119
00:51:45,920 --> 00:51:47,359
Speaker 1: Trump is going to look at this and say, why

1120
00:51:47,400 --> 00:51:49,319
Speaker 1: would I open myself up to these attacks when I'm

1121
00:51:49,320 --> 00:51:50,440
Speaker 1: over fifty percent.

1122
00:51:50,200 --> 00:51:51,560
Speaker 4: In the polls. I don't need to do that.

1123
00:51:51,960 --> 00:51:55,960
Speaker 1: DeSantis has been a very cloistered candidate, is starting to

1124
00:51:56,000 --> 00:51:58,560
Speaker 1: open himself up and take more interviews and you know,

1125
00:51:58,680 --> 00:52:00,440
Speaker 1: sort of get into the fray a bit more. But

1126
00:52:00,480 --> 00:52:02,680
Speaker 1: he also hasn't performed all that well when he is

1127
00:52:02,760 --> 00:52:04,839
Speaker 1: in the mix, so you could very easily see him saying,

1128
00:52:04,880 --> 00:52:07,000
Speaker 1: you know what, this isn't really worth it for me either.

1129
00:52:07,640 --> 00:52:10,560
Speaker 1: And on the Democratic side, obviously, Joe Biden the danc

1130
00:52:10,640 --> 00:52:12,440
Speaker 1: have already said we're not having a primary, We're having

1131
00:52:12,520 --> 00:52:15,279
Speaker 1: a coronation, We're not doing any debates, forget about it.

1132
00:52:15,320 --> 00:52:18,560
Speaker 1: And meanwhile, you've got like eighty percent of the country

1133
00:52:18,600 --> 00:52:20,640
Speaker 1: that are like, we don't want either of these two

1134
00:52:21,080 --> 00:52:24,000
Speaker 1: guys who are both you know, past their prime to

1135
00:52:24,040 --> 00:52:25,960
Speaker 1: the extent they had a prime that we wanted to,

1136
00:52:26,160 --> 00:52:29,600
Speaker 1: you know, to reckon with. So it's a very depressing

1137
00:52:29,880 --> 00:52:33,600
Speaker 1: and dispiriting state of the country, state of our democracy

1138
00:52:34,600 --> 00:52:38,400
Speaker 1: that we face coming into this election cycle where basically

1139
00:52:38,480 --> 00:52:41,640
Speaker 1: everyone is just betting on being slightly better than the

1140
00:52:42,160 --> 00:52:42,840
Speaker 1: other guy.

1141
00:52:42,719 --> 00:52:44,040
Speaker 4: That the entire public hates.

1142
00:52:44,360 --> 00:52:47,960
Speaker 1: They don't feel any sort of pressure to hold themselves

1143
00:52:47,960 --> 00:52:51,000
Speaker 1: out to any sort of process of democratic accountability, and

1144
00:52:51,080 --> 00:52:54,640
Speaker 1: it's just a it's a really sad, pathetic state of

1145
00:52:54,680 --> 00:52:56,359
Speaker 1: affairs that we face at the moment.

1146
00:52:56,400 --> 00:52:59,080
Speaker 2: Oh absolutely, And in terms of democracy, it's awful and

1147
00:52:59,160 --> 00:53:01,479
Speaker 2: it just shows you how like this system really needs

1148
00:53:01,520 --> 00:53:03,960
Speaker 2: to change, but it's not going to. My main takeaway though,

1149
00:53:04,080 --> 00:53:06,720
Speaker 2: is that it really is twenty sixteen all over again.

1150
00:53:06,920 --> 00:53:10,799
Speaker 2: It may not be sixteen candidates, but really, as evidenced

1151
00:53:10,880 --> 00:53:14,400
Speaker 2: by what happened in twenty sixteen, Kasik and Creuse alone

1152
00:53:14,440 --> 00:53:17,200
Speaker 2: were enough to split the anti Trump vote to guarantee

1153
00:53:17,239 --> 00:53:20,400
Speaker 2: Trump the nomination. It only took two, you know, semi

1154
00:53:20,520 --> 00:53:24,200
Speaker 2: viable candidates. And let's be real, Kasik was tiny. Even

1155
00:53:24,760 --> 00:53:27,480
Speaker 2: Kaseik was like nothing compared to Cruise, but he was

1156
00:53:27,640 --> 00:53:30,480
Speaker 2: just enough to make sure would be able to Yeah, exa.

1157
00:53:30,440 --> 00:53:33,600
Speaker 1: And you now is kind of a similar type candidate

1158
00:53:33,600 --> 00:53:37,040
Speaker 1: to Kaiseik Gues who's the governor of New Hampshire and

1159
00:53:37,400 --> 00:53:39,279
Speaker 1: they love him in that stage. He's one of the

1160
00:53:39,440 --> 00:53:43,520
Speaker 1: highest rated approval rating governors in the entire country as

1161
00:53:43,520 --> 00:53:45,400
Speaker 1: a Republican in the state of New Hampshire, which has

1162
00:53:45,440 --> 00:53:50,000
Speaker 1: been voting blue of late, and so very likely that

1163
00:53:50,080 --> 00:53:52,719
Speaker 1: he would win the New Hampshire primary, which is early on.

1164
00:53:53,000 --> 00:53:55,520
Speaker 1: And you know, I mean it just even someone like

1165
00:53:55,560 --> 00:53:57,960
Speaker 1: that can take a chunk out of what DeSantis would

1166
00:53:57,960 --> 00:53:58,879
Speaker 1: need because what's his bet.

1167
00:53:59,000 --> 00:54:00,759
Speaker 4: His bet is let me win in the early state.

1168
00:54:00,840 --> 00:54:03,000
Speaker 1: You do in Iowa, need to gotta in Iowa, got

1169
00:54:03,040 --> 00:54:05,080
Speaker 1: to win New Hampshire. And so if you have one

1170
00:54:05,120 --> 00:54:07,000
Speaker 1: of those taken off the table by someone and then

1171
00:54:07,040 --> 00:54:09,680
Speaker 1: you have the vote super divided in Iowa, Iowa where

1172
00:54:09,680 --> 00:54:13,520
Speaker 1: there is a strong evangelical contingent that might you know,

1173
00:54:13,719 --> 00:54:15,960
Speaker 1: like a Mike Pence also and might have a lot

1174
00:54:15,960 --> 00:54:18,759
Speaker 1: of loyalties there as well, it makes the math very

1175
00:54:18,800 --> 00:54:23,520
Speaker 1: difficult for him. And I do think his electability case

1176
00:54:23,640 --> 00:54:26,200
Speaker 1: to the donor set has taken a bit of a

1177
00:54:26,200 --> 00:54:29,640
Speaker 1: beating as well, from his symbols on Ukraine where he

1178
00:54:29,680 --> 00:54:32,320
Speaker 1: was kind of all over the place, from his extreme

1179
00:54:32,360 --> 00:54:35,759
Speaker 1: positioning on abortion. You know, they're also remember these are

1180
00:54:35,880 --> 00:54:38,800
Speaker 1: these are businessmen. They're looking at the fight with Disney

1181
00:54:38,920 --> 00:54:40,920
Speaker 1: or like, brother, would you get yourself into and I'm

1182
00:54:40,960 --> 00:54:42,720
Speaker 1: not sure we're really with you and on your side

1183
00:54:42,719 --> 00:54:45,640
Speaker 1: in this one. So they're looking at that too, very negatively.

1184
00:54:45,680 --> 00:54:47,880
Speaker 1: You guys probably saw the news that Disney decided to

1185
00:54:47,920 --> 00:54:50,440
Speaker 1: pull out this like multi billion dollar development in the

1186
00:54:50,480 --> 00:54:53,200
Speaker 1: state of Florida. Thousands of employees that aren't going to

1187
00:54:53,280 --> 00:54:56,279
Speaker 1: locate there over their fight and dispute and now legal

1188
00:54:56,320 --> 00:55:00,000
Speaker 1: battle with Ron DeSantis. So there's a lot of messiness

1189
00:55:00,280 --> 00:55:02,120
Speaker 1: as he's set to launch just this week.

1190
00:55:02,280 --> 00:55:04,840
Speaker 2: There you go, all right, that's where the lay of

1191
00:55:04,880 --> 00:55:09,359
Speaker 2: the land is. Okay, let's go to the next one here,

1192
00:55:10,040 --> 00:55:12,839
Speaker 2: not surprising, but I guess stunning, just to see it

1193
00:55:13,120 --> 00:55:15,480
Speaker 2: all out in the open, plain English.

1194
00:55:15,560 --> 00:55:16,640
Speaker 3: Put it up there on the screen.

1195
00:55:16,880 --> 00:55:20,000
Speaker 2: Jeffrey Epstein appeared to threaten the Bailgates over a Microsoft

1196
00:55:20,080 --> 00:55:23,120
Speaker 2: co founder's affair with a Russian bridge player. So a

1197
00:55:23,120 --> 00:55:26,560
Speaker 2: lot of interesting characters at the center of this story. Basically,

1198
00:55:26,600 --> 00:55:29,800
Speaker 2: this goes back to twenty thirteen where Bill Gates apparently

1199
00:55:29,880 --> 00:55:32,759
Speaker 2: sorry twenty ten. Bill Gates apparently is obsessed with the

1200
00:55:32,800 --> 00:55:36,800
Speaker 2: game Bridge, like the card game. He met a Russian

1201
00:55:37,680 --> 00:55:41,160
Speaker 2: girl who was in her twenties who was apparently very

1202
00:55:41,200 --> 00:55:45,600
Speaker 2: good at Bridge. They ended up having an affair. She's

1203
00:55:45,719 --> 00:55:50,080
Speaker 2: founded an organization where she wanted to teach other people

1204
00:55:50,080 --> 00:55:50,880
Speaker 2: how to play.

1205
00:55:50,680 --> 00:55:52,440
Speaker 3: Bridge and spread the game of Bridge.

1206
00:55:52,600 --> 00:55:56,040
Speaker 2: She asked Bill Gates for money. Gates apparently turned her down.

1207
00:55:56,480 --> 00:56:02,279
Speaker 2: Then Epstein somehow inserted himself into the mix. He ended

1208
00:56:02,360 --> 00:56:06,240
Speaker 2: up meeting this girl. This is all post sex conviction.

1209
00:56:06,360 --> 00:56:09,240
Speaker 2: By the way, by Epstein eventual release, he's a registered

1210
00:56:09,280 --> 00:56:12,480
Speaker 2: sex offender at this time. What he does is he

1211
00:56:12,520 --> 00:56:16,440
Speaker 2: apparently backs some of her charity and then she says,

1212
00:56:16,960 --> 00:56:21,560
Speaker 2: I want to go to coding school and he Epstein.

1213
00:56:22,160 --> 00:56:25,919
Speaker 2: She lets us drop in a meeting with Epstein. Epstein says, okay,

1214
00:56:25,960 --> 00:56:28,080
Speaker 2: I'll foot the bill for it. So this all appears

1215
00:56:28,160 --> 00:56:31,560
Speaker 2: to be you know this, this is the state of affairs. Well,

1216
00:56:31,600 --> 00:56:36,200
Speaker 2: then Epstein wants to start some sort of multi billion

1217
00:56:36,239 --> 00:56:40,279
Speaker 2: dollar charity fund with JP Morgan and Chase. It would

1218
00:56:40,320 --> 00:56:43,120
Speaker 2: be like some grand, big fund with multiple billionaires would

1219
00:56:43,120 --> 00:56:45,920
Speaker 2: donate to and he would be the kind of executive

1220
00:56:45,920 --> 00:56:48,399
Speaker 2: director of By the way, by doing so, he would

1221
00:56:48,440 --> 00:56:50,520
Speaker 2: have earned millions of dollars a year in fees for

1222
00:56:50,600 --> 00:56:54,000
Speaker 2: serving as the you know, executive director of said fund.

1223
00:56:54,640 --> 00:56:58,279
Speaker 2: Gates and people around Gates turn him down. They say, no,

1224
00:56:58,680 --> 00:57:02,640
Speaker 2: we're not interested. Well, this apparently pissed off Epstein. So

1225
00:57:02,880 --> 00:57:07,359
Speaker 2: Epstein then sent an email to Bill Gates where he

1226
00:57:07,760 --> 00:57:11,720
Speaker 2: tried to get Gates to reimburse him for the cost

1227
00:57:12,200 --> 00:57:16,040
Speaker 2: of sending this Russian bridge player to the coding school.

1228
00:57:16,440 --> 00:57:19,959
Speaker 2: Basically a subtle hint of Hey, man, if you don't

1229
00:57:20,000 --> 00:57:23,600
Speaker 2: donate to my fund, I will expose that you had

1230
00:57:23,680 --> 00:57:27,840
Speaker 2: this previous affair. Now combine this crystal with past reporting

1231
00:57:27,880 --> 00:57:33,000
Speaker 2: and allegations by Gates's ex wife that he would often

1232
00:57:33,080 --> 00:57:36,480
Speaker 2: complain about his marriage and would even go to him

1233
00:57:36,480 --> 00:57:39,680
Speaker 2: for advice to Epstein, so it's not outside the realm

1234
00:57:39,680 --> 00:57:43,040
Speaker 2: of possibility that Epstein not only knew about this because

1235
00:57:43,080 --> 00:57:45,280
Speaker 2: Gates had mentioned it, but he was aware of multiple

1236
00:57:45,360 --> 00:57:50,200
Speaker 2: other affairs that Bill Gates had conducted while he was married,

1237
00:57:50,240 --> 00:57:53,600
Speaker 2: previously to his ex wife and then finally, probably the

1238
00:57:53,640 --> 00:57:57,800
Speaker 2: most insane part of all of this is that days

1239
00:57:57,840 --> 00:58:02,680
Speaker 2: before Epstein died again, days before he died in twenty nineteen,

1240
00:58:03,000 --> 00:58:08,120
Speaker 2: he changed his will and actually named Bill Gates's right

1241
00:58:08,160 --> 00:58:13,600
Speaker 2: hand men as the backup executor without ever talking to him.

1242
00:58:14,040 --> 00:58:17,960
Speaker 2: That backup right hand man says Epstein did not discuss

1243
00:58:18,000 --> 00:58:20,320
Speaker 2: that idea with him beforehand, and that he declined to

1244
00:58:20,360 --> 00:58:23,120
Speaker 2: serve quote. He says he couldn't have listed Bill because

1245
00:58:23,120 --> 00:58:25,160
Speaker 2: that would have been too obvious, so he chose me.

1246
00:58:25,520 --> 00:58:28,600
Speaker 2: I have come to believe it was a retaliatory move

1247
00:58:28,800 --> 00:58:31,680
Speaker 2: against Bill Gates, as in it was like a shot

1248
00:58:31,680 --> 00:58:35,760
Speaker 2: across the bow about how close their relationships and tie

1249
00:58:35,840 --> 00:58:39,360
Speaker 2: him into everything. So I think that the rab wild

1250
00:58:39,520 --> 00:58:42,320
Speaker 2: in terms of how deep the rabbit hole goes. This

1251
00:58:42,440 --> 00:58:45,160
Speaker 2: is just the surface, and it is confirmation of what

1252
00:58:45,200 --> 00:58:47,920
Speaker 2: all of us suspected that he would get you know,

1253
00:58:48,480 --> 00:58:52,400
Speaker 2: elites into compromise positions by inviting them to his island,

1254
00:58:52,800 --> 00:58:54,880
Speaker 2: flying them on the plane, and making them feel like

1255
00:58:54,920 --> 00:58:57,880
Speaker 2: everything was cool, and then using that information to blackmail

1256
00:58:57,960 --> 00:58:59,560
Speaker 2: them in business transactions.

1257
00:58:59,600 --> 00:59:01,120
Speaker 3: This is it. It's clear as day.

1258
00:59:01,520 --> 00:59:05,200
Speaker 2: He used information that he gleaned from his personal relationships

1259
00:59:05,360 --> 00:59:08,240
Speaker 2: and extra marital affairs that would have been publicly embarrassing

1260
00:59:08,600 --> 00:59:10,120
Speaker 2: and used it directly in terms.

1261
00:59:09,920 --> 00:59:11,040
Speaker 3: Of a business relationship.

1262
00:59:11,160 --> 00:59:11,400
Speaker 5: Yeah.

1263
00:59:11,480 --> 00:59:12,640
Speaker 3: And then this is clear cut.

1264
00:59:12,880 --> 00:59:13,280
Speaker 4: Yeah.

1265
00:59:13,320 --> 00:59:15,520
Speaker 1: And then the only question is whether there were also

1266
00:59:15,840 --> 00:59:19,040
Speaker 1: governments like our own right or Israel is exactly that

1267
00:59:19,160 --> 00:59:22,440
Speaker 1: also would have found that sort of compromising information on

1268
00:59:22,640 --> 00:59:26,080
Speaker 1: the wealthiest and most powerful people on the planet useful

1269
00:59:26,120 --> 00:59:28,480
Speaker 1: to their ends as well, which is the other part

1270
00:59:28,480 --> 00:59:31,040
Speaker 1: of this that you know, I think we've all long suspected.

1271
00:59:31,480 --> 00:59:34,800
Speaker 1: But yeah, this was what he did. He would make

1272
00:59:34,840 --> 00:59:36,920
Speaker 1: you feel like he would do everything to make you

1273
00:59:36,960 --> 00:59:39,280
Speaker 1: feel like he was your best friend. Even we got

1274
00:59:39,280 --> 00:59:41,000
Speaker 1: the details from the Wall Street Journal, They've been on

1275
00:59:41,040 --> 00:59:44,520
Speaker 1: it in terms of this recent reporting that he would

1276
00:59:44,560 --> 00:59:47,400
Speaker 1: make people feel like they were, you know, his number

1277
00:59:47,400 --> 00:59:48,160
Speaker 1: one friend.

1278
00:59:48,280 --> 00:59:50,480
Speaker 4: He'd figure out what type of sushi they.

1279
00:59:50,520 --> 00:59:53,520
Speaker 1: Wanted, what were their little needs that they had that

1280
00:59:53,560 --> 00:59:56,080
Speaker 1: they needed met, you know, Noam Chomsky and whatever this

1281
00:59:56,160 --> 00:59:59,880
Speaker 1: account transfer was, Like, whatever problem you had, Jeffrey Epstein

1282
00:59:59,920 --> 01:00:01,560
Speaker 1: was going to be there for you to try to

1283
01:00:01,600 --> 01:00:03,800
Speaker 1: make it go away, and he was going to invite

1284
01:00:03,840 --> 01:00:06,760
Speaker 1: you to all these you know, Glamour's gatherings, et cetera,

1285
01:00:06,800 --> 01:00:08,479
Speaker 1: et cetera, and everybody was in the club.

1286
01:00:08,680 --> 01:00:10,120
Speaker 4: So what's the problem here.

1287
01:00:10,160 --> 01:00:12,240
Speaker 1: If he's being accepted by Bill Gates and all these

1288
01:00:12,280 --> 01:00:14,960
Speaker 1: other billionaires, then surely it's fine for you to associate

1289
01:00:15,000 --> 01:00:18,880
Speaker 1: with him as well. And then whatever compromising information he

1290
01:00:18,920 --> 01:00:22,640
Speaker 1: could get on you, you know, from being at his parties,

1291
01:00:22,720 --> 01:00:25,560
Speaker 1: being on his jet, being on his island, from knowing

1292
01:00:25,600 --> 01:00:29,440
Speaker 1: about your affairs, whatever it is, then he would weaponize

1293
01:00:29,560 --> 01:00:31,920
Speaker 1: to try to get from you whatever it was that

1294
01:00:32,200 --> 01:00:32,880
Speaker 1: he wanted.

1295
01:00:33,320 --> 01:00:35,000
Speaker 4: So you can see the game here.

1296
01:00:35,160 --> 01:00:37,200
Speaker 1: I mean, you see this uh Les Wexner, who was

1297
01:00:37,760 --> 01:00:43,800
Speaker 1: his primary benefactor obviously and probably the primary source likely

1298
01:00:43,960 --> 01:00:47,080
Speaker 1: of Epstein's wealth and his ability to live like a

1299
01:00:47,120 --> 01:00:49,360
Speaker 1: billionaire himself, even though there isn't a lot of record

1300
01:00:49,400 --> 01:00:51,240
Speaker 1: of him having a lot of like big clients that

1301
01:00:51,280 --> 01:00:55,200
Speaker 1: would really justify this type of lifestyle. Very similar dynamic

1302
01:00:55,240 --> 01:00:58,680
Speaker 1: there as well. And then it is quite a tantalizing

1303
01:00:58,880 --> 01:01:01,760
Speaker 1: and bizarre detail well that it was literally days before

1304
01:01:01,880 --> 01:01:05,800
Speaker 1: he died. However you want to make of that, that

1305
01:01:05,840 --> 01:01:11,880
Speaker 1: he changes the executor the backup executor on his will,

1306
01:01:12,200 --> 01:01:14,000
Speaker 1: that is a pretty extraordinary detail there.

1307
01:01:14,040 --> 01:01:16,680
Speaker 2: What is clear to me is that what is very

1308
01:01:16,680 --> 01:01:19,800
Speaker 2: clear and obvious to me about what's happening is that

1309
01:01:20,000 --> 01:01:23,040
Speaker 2: somebody who has access to a whole lot of Epstein

1310
01:01:23,080 --> 01:01:25,680
Speaker 2: information leaked it all to the Wall Street Journal and

1311
01:01:26,400 --> 01:01:30,280
Speaker 2: they have been doing drib drib drib reporting about the

1312
01:01:30,680 --> 01:01:35,800
Speaker 2: Gnometomski meeting. They did the Larry Summers story originally, and I.

1313
01:01:35,760 --> 01:01:37,400
Speaker 3: Don't think it takes much of a genius to figure

1314
01:01:37,400 --> 01:01:37,680
Speaker 3: this out.

1315
01:01:37,720 --> 01:01:39,320
Speaker 2: I think it was the US Virgin Islands because the

1316
01:01:39,360 --> 01:01:43,120
Speaker 2: US Virgin Islands has an ongoing suit with Epstein about

1317
01:01:42,720 --> 01:01:46,560
Speaker 2: against Epstein's estate not only for the victims, but to

1318
01:01:46,640 --> 01:01:48,080
Speaker 2: expose some of his dealing.

1319
01:01:48,800 --> 01:01:50,720
Speaker 3: Clearly, they have access to.

1320
01:01:51,040 --> 01:01:53,760
Speaker 2: His calendars and to his emails and some other things

1321
01:01:54,200 --> 01:01:57,439
Speaker 2: and other information that's not come out publicly that now

1322
01:01:57,640 --> 01:02:00,560
Speaker 2: is being deployed in the press, most likely as an

1323
01:02:00,600 --> 01:02:03,040
Speaker 2: effort to try and get the Epstein State to settle

1324
01:02:03,400 --> 01:02:05,720
Speaker 2: or at the very least pay them, you know, whatever they.

1325
01:02:05,560 --> 01:02:09,440
Speaker 3: Want in terms of that suit. Now I actually am against.

1326
01:02:09,680 --> 01:02:13,120
Speaker 2: I just want this information published, and this is my

1327
01:02:13,160 --> 01:02:13,720
Speaker 2: message to the.

1328
01:02:13,680 --> 01:02:14,920
Speaker 3: US Virgin Islands and others.

1329
01:02:15,080 --> 01:02:18,680
Speaker 2: Get your bag, but also publish everything you got because

1330
01:02:18,760 --> 01:02:21,600
Speaker 2: this is such a matter of public interest now, you know,

1331
01:02:21,800 --> 01:02:24,800
Speaker 2: because this is only scratching the surface in terms of

1332
01:02:24,840 --> 01:02:27,000
Speaker 2: the wealthiest, most powerful men. We need to know more

1333
01:02:27,000 --> 01:02:29,640
Speaker 2: about the governments like aud Barack he is reelly Prime

1334
01:02:29,640 --> 01:02:33,000
Speaker 2: Minister who slept over at his house constantly, or Bill

1335
01:02:33,040 --> 01:02:35,280
Speaker 2: Clinton in the number of times that he, you know,

1336
01:02:35,320 --> 01:02:37,040
Speaker 2: flew on the jet. I mean, that's the other thing

1337
01:02:37,040 --> 01:02:39,400
Speaker 2: that it becomes so crazy, like when you're reading this

1338
01:02:39,480 --> 01:02:42,600
Speaker 2: is the amount of times that they were just flying

1339
01:02:42,640 --> 01:02:46,960
Speaker 2: casually on each other's private jets from different destinations, and

1340
01:02:47,200 --> 01:02:49,760
Speaker 2: the idea that they didn't know each other obviously deeply

1341
01:02:49,880 --> 01:02:52,520
Speaker 2: and intimately whenever the calendar shows that.

1342
01:02:52,480 --> 01:02:54,880
Speaker 3: They met dozens of times.

1343
01:02:55,000 --> 01:02:57,440
Speaker 2: I mean, you know, we even showed that former Obama

1344
01:02:57,520 --> 01:03:00,360
Speaker 2: lawyer who had met many times with Epstein then went

1345
01:03:00,400 --> 01:03:02,120
Speaker 2: to go work as a top lawyer I think for

1346
01:03:02,440 --> 01:03:05,480
Speaker 2: Goldman Sachs. I mean, there were several other meetings and

1347
01:03:05,600 --> 01:03:09,400
Speaker 2: things that have taken place, which it's very difficult to explain.

1348
01:03:10,080 --> 01:03:12,600
Speaker 2: And this lawsuit I think has the keys to a

1349
01:03:12,640 --> 01:03:13,880
Speaker 2: lot more info about him.

1350
01:03:13,960 --> 01:03:17,720
Speaker 1: Yeah, well they just started looking at us as well, right, So,

1351
01:03:17,920 --> 01:03:21,080
Speaker 1: I mean it really is crazy the number of people

1352
01:03:21,160 --> 01:03:24,720
Speaker 1: that he in the highest echelons of society was able

1353
01:03:24,760 --> 01:03:28,560
Speaker 1: to associate and ingratiate himself with. Yeah, it really is astonishing.

1354
01:03:28,560 --> 01:03:30,400
Speaker 1: I mean you just look at these reports and you're like,

1355
01:03:30,520 --> 01:03:33,480
Speaker 1: was there any elite in the world that didn't end

1356
01:03:33,560 --> 01:03:36,000
Speaker 1: up having some sort of Jeffrey Epstein connection.

1357
01:03:36,320 --> 01:03:38,000
Speaker 3: So the answer is no, yes.

1358
01:03:38,360 --> 01:03:41,000
Speaker 1: So anyway, we'll see what the Wall Street Journal drops next.

1359
01:03:41,040 --> 01:03:43,800
Speaker 1: But this Bill Gates piece is pretty extraordinary.

1360
01:03:45,360 --> 01:03:45,680
Speaker 4: All Right.

1361
01:03:45,720 --> 01:03:49,240
Speaker 1: We have some more details about Diane Feinstein, oldest serving

1362
01:03:49,400 --> 01:03:52,960
Speaker 1: member of the Senate currently, who is in very poor health,

1363
01:03:53,000 --> 01:03:56,280
Speaker 1: who has facing calls to resign, who is clearly unable

1364
01:03:56,320 --> 01:03:58,400
Speaker 1: to really perform the very basics of her job. There

1365
01:03:58,440 --> 01:04:02,120
Speaker 1: has been reporting for years now about how her memory

1366
01:04:02,160 --> 01:04:04,680
Speaker 1: has been fading as she ages, and how she's been

1367
01:04:04,720 --> 01:04:07,480
Speaker 1: in decline that appeared to have been accelerated by this

1368
01:04:07,640 --> 01:04:10,400
Speaker 1: about of shingles that they had previously acknowledged there were

1369
01:04:10,400 --> 01:04:12,720
Speaker 1: some complications with while we are getting a sense now

1370
01:04:12,760 --> 01:04:15,960
Speaker 1: of exactly what those those complications were, and they are

1371
01:04:16,040 --> 01:04:18,200
Speaker 1: quite dire. Let's put this up on the screen from

1372
01:04:18,320 --> 01:04:23,840
Speaker 1: the BBC. Senator Diane Feinstein suffered brain inflammation as a

1373
01:04:23,880 --> 01:04:25,680
Speaker 1: complication of shingles.

1374
01:04:26,400 --> 01:04:27,760
Speaker 4: She had encephalitis.

1375
01:04:28,120 --> 01:04:31,120
Speaker 1: She contracted encephalitis that is a type of brain inflammation.

1376
01:04:31,240 --> 01:04:34,400
Speaker 1: She also developed Ramsey Hunt syndrome that can cause that

1377
01:04:34,440 --> 01:04:37,920
Speaker 1: facial paralysis that you are seeing there. They put on

1378
01:04:38,000 --> 01:04:41,360
Speaker 1: a statement that the encephalitis I'm talking about Feinstein's office,

1379
01:04:41,360 --> 01:04:44,040
Speaker 1: the encephalitis resolved itself, but she continues to deal with

1380
01:04:44,120 --> 01:04:46,959
Speaker 1: Ramsey Hunt syndrome. Let me just read you a little

1381
01:04:46,960 --> 01:04:48,880
Speaker 1: bit of this article so that you can see the

1382
01:04:49,160 --> 01:04:53,120
Speaker 1: technical medical details. She did return on May tenth, after

1383
01:04:53,200 --> 01:04:56,120
Speaker 1: nearly three months of absence. She'd been admitted to the

1384
01:04:56,120 --> 01:04:59,600
Speaker 1: hospital after being diagnosed with shingles in late February. Her

1385
01:04:59,640 --> 01:05:03,040
Speaker 1: spokes been told the BBC on Thursday that she previously

1386
01:05:03,080 --> 01:05:06,520
Speaker 1: disclosed she had several complications related to her shingles diagnosis,

1387
01:05:06,720 --> 01:05:10,520
Speaker 1: and those complications included Ramsey Hunt syndrome and encephalitis. It

1388
01:05:10,600 --> 01:05:14,200
Speaker 1: continued while this encephalitis resolved itself, she still has that.

1389
01:05:14,240 --> 01:05:15,800
Speaker 4: Ramsey Hunt syndrome she's dealing with.

1390
01:05:16,480 --> 01:05:21,000
Speaker 1: Her aid statement contradicted the senator's own remarks on Thursday.

1391
01:05:21,040 --> 01:05:24,640
Speaker 1: According to CNN, the network quoted Miss Feinstein herself as

1392
01:05:24,720 --> 01:05:28,240
Speaker 1: denying she had encephalitis, saying, quote, it really has never

1393
01:05:28,280 --> 01:05:31,840
Speaker 1: been diagnosed properly, and it was a really bad flu.

1394
01:05:32,000 --> 01:05:32,720
Speaker 4: It can result in.

1395
01:05:32,720 --> 01:05:39,400
Speaker 1: Symptoms including personality changes, seizures, confusion, and problems with site

1396
01:05:39,560 --> 01:05:44,640
Speaker 1: or hearing, according to the Mayo Clinic. So her health

1397
01:05:44,840 --> 01:05:48,840
Speaker 1: and her ability to capacity to perform the most basic

1398
01:05:48,880 --> 01:05:53,840
Speaker 1: functions of this job already engraved out, just further degraded

1399
01:05:54,080 --> 01:05:58,520
Speaker 1: by the health complications that she is suffering, including brain inflammation.

1400
01:05:58,720 --> 01:06:02,160
Speaker 1: And you know, it is a very sad story. But

1401
01:06:02,280 --> 01:06:04,560
Speaker 1: you also see, and we'll get into this part in

1402
01:06:04,640 --> 01:06:08,200
Speaker 1: just a second, the way that the political class, Nancy

1403
01:06:08,200 --> 01:06:12,440
Speaker 1: Pelosi in particular, but a bunch of California Democratic elites,

1404
01:06:12,840 --> 01:06:15,400
Speaker 1: are using her as a pawn to get their own

1405
01:06:15,480 --> 01:06:19,800
Speaker 1: way in terms of politics. And it is just obviously

1406
01:06:19,880 --> 01:06:21,240
Speaker 1: it's just grotesque at this point.

1407
01:06:21,320 --> 01:06:23,320
Speaker 2: Yeah, well, that is the part where I thought we

1408
01:06:23,320 --> 01:06:26,360
Speaker 2: should spend time because this shows you how craven and

1409
01:06:26,480 --> 01:06:30,000
Speaker 2: repulsive these people are. Yes, they are literally willing. Let's

1410
01:06:30,000 --> 01:06:32,360
Speaker 2: put this up there on the screen. They are literally willing.

1411
01:06:32,520 --> 01:06:35,480
Speaker 2: Nancy Pelosi has deployed her own daughter, who literally does

1412
01:06:35,480 --> 01:06:38,160
Speaker 2: not work for Diane Feinstein in any way, to be

1413
01:06:38,280 --> 01:06:41,200
Speaker 2: the primary caregiver and to shepherd her away from the media.

1414
01:06:41,320 --> 01:06:43,680
Speaker 2: Now it is clear here that what they are trying

1415
01:06:43,680 --> 01:06:48,160
Speaker 2: to do is drag her base literally across the finish line,

1416
01:06:48,200 --> 01:06:52,320
Speaker 2: regardless of her mental faculties. Because if she were to

1417
01:06:52,360 --> 01:06:55,280
Speaker 2: resign from office, Crystal Governor Gavin Newsom has said that

1418
01:06:55,320 --> 01:06:56,440
Speaker 2: he would appoint.

1419
01:06:56,040 --> 01:06:56,720
Speaker 3: A black woman.

1420
01:06:57,000 --> 01:06:59,840
Speaker 2: And if that black woman, who currently would be very

1421
01:07:00,120 --> 01:07:03,280
Speaker 2: likely to be appointed is Barbara Lee, who is running

1422
01:07:03,640 --> 01:07:06,000
Speaker 2: for the Senate against Adam Schiff.

1423
01:07:06,280 --> 01:07:08,680
Speaker 3: And guess what, Pelosi endorsed Adam Schiff.

1424
01:07:09,080 --> 01:07:13,240
Speaker 2: Therefore, if her and her henchwoman, her daughter allow find

1425
01:07:13,280 --> 01:07:16,640
Speaker 2: sign to go, then it's very likely that their chosen

1426
01:07:16,640 --> 01:07:19,400
Speaker 2: Adam shift candidate will not be the next Senator because

1427
01:07:19,560 --> 01:07:22,040
Speaker 2: whoever gets appointed to the seat very obviously would have

1428
01:07:22,080 --> 01:07:24,600
Speaker 2: a better leg up in the overall primary.

1429
01:07:24,680 --> 01:07:26,080
Speaker 3: I mean, look, am I wrong here?

1430
01:07:26,200 --> 01:07:28,400
Speaker 2: Or is that not the most obvious thing about what's

1431
01:07:28,400 --> 01:07:31,400
Speaker 2: going on the moment you learn it's Christine Pelosi, Pelosi's

1432
01:07:31,480 --> 01:07:33,800
Speaker 2: daughter rolling her around the capitol.

1433
01:07:33,840 --> 01:07:37,400
Speaker 1: It's not Christine plus honestly her name is her oldest daughter.

1434
01:07:37,480 --> 01:07:38,880
Speaker 3: But yeah, I apologize, I apologize.

1435
01:07:38,920 --> 01:07:40,160
Speaker 4: Still a Pelosi daughter, Yes.

1436
01:07:40,000 --> 01:07:43,360
Speaker 3: Pelosi daughter who was rolling her around the capitol.

1437
01:07:43,600 --> 01:07:46,520
Speaker 2: How can you possibly think like this is not what's

1438
01:07:46,560 --> 01:07:47,240
Speaker 2: going on here?

1439
01:07:47,320 --> 01:07:52,240
Speaker 1: Well, and you will recall when congressmon ro'connell, also of California,

1440
01:07:52,520 --> 01:07:55,640
Speaker 1: began publicly calling for fine Stein's resignation. Remember what the

1441
01:07:55,680 --> 01:07:59,240
Speaker 1: Pelosi people said to the press and what Pelosi said.

1442
01:07:59,560 --> 01:08:04,000
Speaker 1: Number one, she called him sexist, which is disgusting. Number Two,

1443
01:08:04,720 --> 01:08:07,480
Speaker 1: they insinuated that he was the one with the political

1444
01:08:07,520 --> 01:08:11,680
Speaker 1: motives because he supports Barbara Lee. I don't know if

1445
01:08:11,680 --> 01:08:13,800
Speaker 1: he's publicly endorsed her or not, but you know they're

1446
01:08:13,800 --> 01:08:17,160
Speaker 1: clearly more ideologically aligned. He likes Katie Porter Barbara Lee

1447
01:08:17,200 --> 01:08:20,000
Speaker 1: more than he likes Adam Schiff. And so they accused

1448
01:08:20,080 --> 01:08:23,479
Speaker 1: him of having the ideological and political motive here.

1449
01:08:23,880 --> 01:08:26,879
Speaker 4: Well, that was clearly projection. I mean they're the ones.

1450
01:08:26,680 --> 01:08:30,840
Speaker 1: Who are this is elder abuse at this point, propping

1451
01:08:30,920 --> 01:08:34,360
Speaker 1: up Seinstein and at great risk to her own health

1452
01:08:34,840 --> 01:08:39,120
Speaker 1: and you know, survival, length of survival to come to

1453
01:08:39,200 --> 01:08:43,240
Speaker 1: DC and face this kind of intense media scrutiny and

1454
01:08:43,439 --> 01:08:45,920
Speaker 1: you know, long schedule when she should be at home

1455
01:08:46,400 --> 01:08:48,360
Speaker 1: recovering and enjoying.

1456
01:08:48,240 --> 01:08:49,759
Speaker 4: The last years of her life.

1457
01:08:50,120 --> 01:08:53,600
Speaker 1: So it really is disgusting to see the way that

1458
01:08:53,640 --> 01:08:56,360
Speaker 1: they are toying with, you know, the people of the country,

1459
01:08:56,600 --> 01:09:00,479
Speaker 1: toying with their own constituents in California, hamstringing the work

1460
01:09:00,479 --> 01:09:03,160
Speaker 1: of the Senate, and also this woman that they, you know,

1461
01:09:03,240 --> 01:09:04,479
Speaker 1: really pretend to revere.

1462
01:09:04,640 --> 01:09:06,600
Speaker 4: This is incredibly damaging.

1463
01:09:06,160 --> 01:09:10,680
Speaker 1: For her and just very no doctor would recommend that

1464
01:09:10,960 --> 01:09:14,240
Speaker 1: she go and serve in her capacity as US senator

1465
01:09:14,520 --> 01:09:17,240
Speaker 1: right now, because she is so clearly not up to

1466
01:09:17,400 --> 01:09:18,440
Speaker 1: the rigors.

1467
01:09:18,080 --> 01:09:18,559
Speaker 4: Of that job.

1468
01:09:18,640 --> 01:09:22,280
Speaker 2: Yeah. Well, I actually even read more about how many, unfortunately,

1469
01:09:22,360 --> 01:09:24,280
Speaker 2: many of the people who find Sime still at this

1470
01:09:24,360 --> 01:09:27,120
Speaker 2: point is able to recognize and to trust are all gone.

1471
01:09:27,160 --> 01:09:30,080
Speaker 2: Her former chief of staff, he's gone. Her husband died

1472
01:09:30,520 --> 01:09:32,360
Speaker 2: very recently. That was a big blow, But he was

1473
01:09:32,360 --> 01:09:34,040
Speaker 2: one of the only people who very likely could have

1474
01:09:34,040 --> 01:09:35,680
Speaker 2: been like Hey, Diane's time to hang it up, like

1475
01:09:35,920 --> 01:09:36,439
Speaker 2: we got to go.

1476
01:09:36,760 --> 01:09:37,519
Speaker 3: And she won't.

1477
01:09:37,520 --> 01:09:40,720
Speaker 2: She won't do it her own kids and apparently but

1478
01:09:40,840 --> 01:09:43,880
Speaker 2: also Pelosi and others who could do it just won't.

1479
01:09:43,960 --> 01:09:46,519
Speaker 2: And so I think it's obvious. I think it's very

1480
01:09:46,600 --> 01:09:47,120
Speaker 2: obvious what.

1481
01:09:47,040 --> 01:09:51,560
Speaker 1: They able to get Krick and Adam's shift as senator. Oh,

1482
01:09:51,600 --> 01:09:55,120
Speaker 1: I mean that is that is gross on every level.

1483
01:09:55,240 --> 01:09:56,439
Speaker 4: It is so gross.

1484
01:09:56,479 --> 01:09:59,000
Speaker 1: This person that you consider to be a friend, and

1485
01:09:59,040 --> 01:10:01,080
Speaker 1: you're doing this to her her in service of your

1486
01:10:01,120 --> 01:10:03,040
Speaker 1: own like political agenda.

1487
01:10:03,520 --> 01:10:04,720
Speaker 3: And that's the thing, is it.

1488
01:10:05,160 --> 01:10:09,400
Speaker 2: Why else would her daughter be the one chauffeuring her around?

1489
01:10:09,800 --> 01:10:12,360
Speaker 3: There's no other reason. Yeah, especially whenever.

1490
01:10:12,160 --> 01:10:15,839
Speaker 4: You're well, they're very close for a long time. I know, no, okay.

1491
01:10:15,640 --> 01:10:19,400
Speaker 2: Okay, just this appeared out of nowhere just to wheel

1492
01:10:19,400 --> 01:10:21,800
Speaker 2: her around the capitol. I don't believe it. I don't

1493
01:10:21,800 --> 01:10:23,639
Speaker 2: believe it for a second.

1494
01:10:25,320 --> 01:10:26,479
Speaker 4: All right, talker, what are you looking at?

1495
01:10:26,600 --> 01:10:30,400
Speaker 2: Well, in retrospect, probably the most insane thing that ever

1496
01:10:30,439 --> 01:10:33,160
Speaker 2: happened during the pandemic had nothing to do with lockdowns.

1497
01:10:33,240 --> 01:10:34,880
Speaker 2: It was simple and when we will be telling our

1498
01:10:34,960 --> 01:10:37,960
Speaker 2: kids about twenty five years from now, used cars went

1499
01:10:38,120 --> 01:10:41,360
Speaker 2: up in value the sky actually did turn green. I

1500
01:10:41,400 --> 01:10:43,920
Speaker 2: myself benefited from it. My jeep was involved in an accident.

1501
01:10:43,960 --> 01:10:46,320
Speaker 2: Mechanic looked me dead in the eyes after fixing it, and

1502
01:10:46,320 --> 01:10:48,519
Speaker 2: he said, you would be an idiot not to sell

1503
01:10:48,520 --> 01:10:50,160
Speaker 2: this the day I took it out of the shop

1504
01:10:50,240 --> 01:10:52,400
Speaker 2: because it would never be worth that much again, by

1505
01:10:52,439 --> 01:10:55,000
Speaker 2: my estimation, he saved me like five thousand dollars, which

1506
01:10:55,080 --> 01:10:57,920
Speaker 2: I needed after losing that exact amount on Blockfi after

1507
01:10:57,960 --> 01:11:00,680
Speaker 2: it went bank, So I owe him one. Outside of

1508
01:11:00,680 --> 01:11:03,599
Speaker 2: my own personal experience, though the car market is one

1509
01:11:03,640 --> 01:11:06,320
Speaker 2: of the most important in the United States to the

1510
01:11:06,360 --> 01:11:09,240
Speaker 2: average consumer, the wild swings that have happened within it

1511
01:11:09,280 --> 01:11:11,640
Speaker 2: actually tell us a lot about the modern economy and

1512
01:11:11,720 --> 01:11:14,240
Speaker 2: to understand exactly where we are, take a look at

1513
01:11:14,240 --> 01:11:17,200
Speaker 2: this chart. As you can see, prices were relatively flat

1514
01:11:17,280 --> 01:11:20,519
Speaker 2: during the zero inter straight period of ten twenty twenty,

1515
01:11:20,720 --> 01:11:24,280
Speaker 2: and then they absolutely lost their minds. Used cars spike

1516
01:11:24,360 --> 01:11:27,240
Speaker 2: to forty five percent above inflation during the pandemic, before

1517
01:11:27,280 --> 01:11:31,559
Speaker 2: falling to fourteen percent below inflation, before again last month

1518
01:11:31,640 --> 01:11:34,439
Speaker 2: spiking seven percent. On top of these crazy swings and

1519
01:11:34,520 --> 01:11:37,000
Speaker 2: used car prices, though, is a steady trend, which is

1520
01:11:37,040 --> 01:11:40,240
Speaker 2: awful for everyone. All goods and services, as you can see,

1521
01:11:40,360 --> 01:11:43,280
Speaker 2: remain up five percent from the previous average, with new

1522
01:11:43,320 --> 01:11:46,559
Speaker 2: car prices right there with them. The question of why

1523
01:11:46,600 --> 01:11:49,280
Speaker 2: those new cars not only remain up but may not

1524
01:11:49,400 --> 01:11:52,120
Speaker 2: go down anytime soon is a fascinating one.

1525
01:11:52,240 --> 01:11:54,280
Speaker 3: This investigation sought to get to the bottom of.

1526
01:11:54,560 --> 01:11:57,160
Speaker 2: One expert, who runs a car app that monitors prices

1527
01:11:57,200 --> 01:11:59,360
Speaker 2: across many dealerships, actually explained it this way.

1528
01:12:00,200 --> 01:12:02,479
Speaker 3: Maker factories shut down during COVID.

1529
01:12:02,680 --> 01:12:05,920
Speaker 2: When they spun back up, there's a huge shortage of semiconductors.

1530
01:12:06,160 --> 01:12:09,919
Speaker 2: With that shortage, they then prioritize their most expensive models

1531
01:12:10,000 --> 01:12:13,400
Speaker 2: over cheap cars. This way, the only ones that get

1532
01:12:13,439 --> 01:12:17,360
Speaker 2: produced actually make them a big profit. Then, though, when

1533
01:12:17,400 --> 01:12:19,840
Speaker 2: they get to the dealer, the dealer takes advantage of

1534
01:12:19,880 --> 01:12:23,280
Speaker 2: the shortage and the premium product goes even higher by

1535
01:12:23,400 --> 01:12:24,879
Speaker 2: racking up the price more.

1536
01:12:24,720 --> 01:12:26,400
Speaker 3: Than they ever could have dreamed before.

1537
01:12:26,439 --> 01:12:31,000
Speaker 2: Twenty nineteen, one government estimate actually found that auto dealers

1538
01:12:31,200 --> 01:12:34,920
Speaker 2: make up anywhere between one third and two thirds of

1539
01:12:35,200 --> 01:12:39,240
Speaker 2: all new car inflation that consumers are experiencing. It must

1540
01:12:39,320 --> 01:12:41,040
Speaker 2: be a good line of work if you can get it.

1541
01:12:41,280 --> 01:12:45,280
Speaker 2: These car dealers are printing money all throughout the pandemic,

1542
01:12:45,360 --> 01:12:47,639
Speaker 2: and now, as you can see from the chart before you,

1543
01:12:47,720 --> 01:12:50,679
Speaker 2: they continue to do so largely because they have discovered

1544
01:12:50,680 --> 01:12:54,040
Speaker 2: their game. They're going after wealthy clients who have a

1545
01:12:54,080 --> 01:12:56,920
Speaker 2: ton of money post pandemic, and in many cases can

1546
01:12:56,960 --> 01:12:59,280
Speaker 2: pay straight cash. They don't have to worry about a

1547
01:12:59,280 --> 01:13:01,880
Speaker 2: car payment. This, of course, reduces the number of people

1548
01:13:01,880 --> 01:13:04,280
Speaker 2: who can even consider a new car, given that the

1549
01:13:04,320 --> 01:13:07,519
Speaker 2: current average price for a new vehicle hovers around a

1550
01:13:07,560 --> 01:13:11,519
Speaker 2: whopping fifty thousand dollars. This is what makes used car

1551
01:13:11,600 --> 01:13:14,200
Speaker 2: price so powerful. They make up more than two thirds

1552
01:13:14,240 --> 01:13:16,559
Speaker 2: of the entire car market. But I've got bad news

1553
01:13:16,600 --> 01:13:18,880
Speaker 2: too for everyone on that front. The share of used

1554
01:13:18,920 --> 01:13:22,719
Speaker 2: vehicles for sale today in the US today below twenty

1555
01:13:22,840 --> 01:13:26,920
Speaker 2: thousand dollars remains near the bottom. To put it in perspective,

1556
01:13:27,240 --> 01:13:29,799
Speaker 2: more than sixty percent of used cars sold before twenty

1557
01:13:29,920 --> 01:13:33,920
Speaker 2: nineteen or below twenty grand. Today that number is thirty percent.

1558
01:13:34,200 --> 01:13:37,520
Speaker 2: In fact, a new analysis finds quote even the average

1559
01:13:37,560 --> 01:13:41,720
Speaker 2: seven year old vehicle with seventy five thousand miles on

1560
01:13:41,760 --> 01:13:44,400
Speaker 2: it is selling for more than twenty thousand dollars.

1561
01:13:44,720 --> 01:13:47,520
Speaker 3: The current average selling price of a used car.

1562
01:13:47,560 --> 01:13:51,360
Speaker 2: Is some twenty eight thousand, three hundred and eighty one dollars,

1563
01:13:51,520 --> 01:13:54,400
Speaker 2: which feels crazy to say out loud in my head,

1564
01:13:54,439 --> 01:13:56,080
Speaker 2: that's what a new car to sell for.

1565
01:13:56,320 --> 01:13:57,320
Speaker 3: Yet here we are.

1566
01:13:57,720 --> 01:14:01,000
Speaker 2: This underscores again just how much the backs of the

1567
01:14:01,040 --> 01:14:03,800
Speaker 2: poor and the middle class are against the wall. A

1568
01:14:03,840 --> 01:14:07,040
Speaker 2: sizeable portion of the US population is quite literally a

1569
01:14:07,080 --> 01:14:10,800
Speaker 2: blown tire away from bankruptcy with very little options if

1570
01:14:10,840 --> 01:14:13,479
Speaker 2: they get in even a slight pegle where you need

1571
01:14:13,479 --> 01:14:13,840
Speaker 2: a new.

1572
01:14:13,800 --> 01:14:15,759
Speaker 3: Vehicle other than the one which you are driving.

1573
01:14:16,080 --> 01:14:19,439
Speaker 2: Really, what this underscores is the death of entry ease

1574
01:14:19,560 --> 01:14:22,400
Speaker 2: in the country. There are no more starter homes because

1575
01:14:22,439 --> 01:14:24,160
Speaker 2: the average price of a home is four hundred and

1576
01:14:24,160 --> 01:14:26,799
Speaker 2: thirty six thousand dollars. That's thirty two percent, an increase

1577
01:14:26,840 --> 01:14:29,920
Speaker 2: in two years. The average mortgage payment is now twenty

1578
01:14:29,960 --> 01:14:33,639
Speaker 2: three hundred dollars per month. That's thirty grand a year

1579
01:14:33,720 --> 01:14:37,599
Speaker 2: after taxes. Of course, that includes shelter. So if you

1580
01:14:37,680 --> 01:14:40,960
Speaker 2: abide by the rule that mortgage payments should be no

1581
01:14:41,080 --> 01:14:43,360
Speaker 2: more than let's say a third of your take home pay,

1582
01:14:43,640 --> 01:14:46,200
Speaker 2: it really means your pay needs.

1583
01:14:46,000 --> 01:14:48,080
Speaker 3: To be like ninety grand. Now.

1584
01:14:48,479 --> 01:14:52,120
Speaker 2: Average household income in the US is seventy five thousand, dollars,

1585
01:14:52,240 --> 01:14:55,360
Speaker 2: which means that for most people, they responsibly probably should

1586
01:14:55,360 --> 01:14:57,720
Speaker 2: not buy a house in this current environment. Roll in

1587
01:14:57,760 --> 01:15:00,320
Speaker 2: a car payment to that. Per Bank Create data, the

1588
01:15:00,400 --> 01:15:03,400
Speaker 2: average car payment today is between five hundred and seven

1589
01:15:03,520 --> 01:15:04,759
Speaker 2: hundred dollars per month.

1590
01:15:05,120 --> 01:15:06,519
Speaker 3: Not only that, car.

1591
01:15:06,360 --> 01:15:11,040
Speaker 2: Insurance rates have skyrocketed lately, adding an additional two thousand

1592
01:15:11,080 --> 01:15:14,040
Speaker 2: dollars per year. On average, the total of what I

1593
01:15:14,080 --> 01:15:17,040
Speaker 2: call the existence tax is actually getting to a point where,

1594
01:15:17,080 --> 01:15:20,240
Speaker 2: even on average income, it is getting straight up uncomfortable.

1595
01:15:20,400 --> 01:15:21,320
Speaker 3: And I will end with this.

1596
01:15:21,640 --> 01:15:23,880
Speaker 2: The way that economists and even people like us sometimes

1597
01:15:23,920 --> 01:15:27,360
Speaker 2: talk about inflation and overall prices, it really misses the mark. Yeah,

1598
01:15:27,360 --> 01:15:31,240
Speaker 2: core CPI, core inflation, all that stuff, it misses this point.

1599
01:15:31,840 --> 01:15:34,840
Speaker 2: Certain prices are just more important than others. The price

1600
01:15:34,880 --> 01:15:37,719
Speaker 2: of housing, the price of a car, the price of gas,

1601
01:15:37,920 --> 01:15:42,160
Speaker 2: the price of food, healthcare. Those matter more than any others.

1602
01:15:42,160 --> 01:15:46,400
Speaker 2: They're burned into our everyday ability to survive. And when

1603
01:15:46,439 --> 01:15:49,680
Speaker 2: we start seeing not only inflation in those areas, but

1604
01:15:49,760 --> 01:15:53,120
Speaker 2: inflation and wild swings that vary more than the prices

1605
01:15:53,160 --> 01:15:56,120
Speaker 2: of random consumer goods like TVs, then we have a

1606
01:15:56,200 --> 01:15:59,559
Speaker 2: really screwed up economy. And funnily enough. The overall fix

1607
01:15:59,640 --> 01:16:01,920
Speaker 2: to this is it's probably pretty simple. We just need

1608
01:16:01,960 --> 01:16:05,000
Speaker 2: more cars. We have so much demand, not enough supply.

1609
01:16:05,360 --> 01:16:08,080
Speaker 2: The reason for our lack of supply is because of

1610
01:16:08,120 --> 01:16:11,880
Speaker 2: financialization within the car industry and current government subsidies which

1611
01:16:11,880 --> 01:16:15,559
Speaker 2: are for electric vehicles definitely cool and obviously for the future,

1612
01:16:15,760 --> 01:16:19,400
Speaker 2: but still remain prohibitively expensive. The number one target for

1613
01:16:19,439 --> 01:16:23,320
Speaker 2: our government policy makers should be cost and standard of living.

1614
01:16:23,760 --> 01:16:27,120
Speaker 2: All else should flow from that decision matrix. Instead, we

1615
01:16:27,200 --> 01:16:29,800
Speaker 2: got the worst of both worlds. You got runaway free

1616
01:16:29,840 --> 01:16:33,840
Speaker 2: market capitalism combined with government incentives that are doing very

1617
01:16:33,880 --> 01:16:36,200
Speaker 2: little to scratch any of the surface. We have a

1618
01:16:36,200 --> 01:16:38,479
Speaker 2: building problem, and we need to get to work on this.

1619
01:16:38,760 --> 01:16:41,240
Speaker 2: Yesterday twenty eight thousand dollars for the average price.

1620
01:16:41,520 --> 01:16:44,320
Speaker 1: And if you want to hear my reaction to Sager's monologue,

1621
01:16:44,400 --> 01:16:47,599
Speaker 1: become a premium subscriber today at Breakingpoints dot com.

1622
01:16:50,160 --> 01:16:51,240
Speaker 3: Chrystal, what are you taking a look at?

1623
01:16:51,560 --> 01:16:54,679
Speaker 1: Well, guys, the story had everything to make it catnip

1624
01:16:54,760 --> 01:16:56,840
Speaker 1: for right wing media. According to The New York Post,

1625
01:16:56,920 --> 01:16:59,600
Speaker 1: about two thousand homeless veterans had been kicked out of

1626
01:16:59,600 --> 01:17:01,680
Speaker 1: an other state New York hotel called the Crossroads in

1627
01:17:01,760 --> 01:17:05,519
Speaker 1: order to free up space for migrant asylum seekers. Now

1628
01:17:05,600 --> 01:17:08,320
Speaker 1: head of that nonprofit group, Sharon Tony Finch, relayed the

1629
01:17:08,360 --> 01:17:10,559
Speaker 1: harrowing tale of the New York Post. She said, one

1630
01:17:10,560 --> 01:17:13,120
Speaker 1: of the vets called me on Sunday. He told me

1631
01:17:13,200 --> 01:17:15,280
Speaker 1: he had to leave because the hotel said the extended

1632
01:17:15,280 --> 01:17:17,760
Speaker 1: state is not available. Then I got another call. We

1633
01:17:17,840 --> 01:17:20,680
Speaker 1: didn't waste any time, the advocate said. That's when we

1634
01:17:20,720 --> 01:17:23,559
Speaker 1: started on Monday Monday to organize when and where to

1635
01:17:23,640 --> 01:17:26,240
Speaker 1: move them all. I am glad you called me today,

1636
01:17:26,280 --> 01:17:29,760
Speaker 1: she told the Post. Last night, I was crying now.

1637
01:17:29,800 --> 01:17:32,400
Speaker 1: The conservative media ecosystem quickly picked up the story.

1638
01:17:32,479 --> 01:17:33,479
Speaker 4: They ran wild with it.

1639
01:17:33,640 --> 01:17:36,200
Speaker 1: Calumnist at the Post said Joe Biden should quote burn

1640
01:17:36,280 --> 01:17:38,960
Speaker 1: in hell for this. Fox News in particular, of course,

1641
01:17:39,000 --> 01:17:41,360
Speaker 1: they leaned in heavily to this two perfect tale of

1642
01:17:41,400 --> 01:17:44,600
Speaker 1: illegal immigrants, supplanting men who had served our country. On

1643
01:17:44,680 --> 01:17:47,599
Speaker 1: Outnumbered hosts said the incident proved Biden was a liar

1644
01:17:47,680 --> 01:17:50,000
Speaker 1: when he said God Bless the troops and that he's

1645
01:17:50,120 --> 01:17:52,719
Speaker 1: quote more concerned about the needs of the UN, about

1646
01:17:52,760 --> 01:17:55,360
Speaker 1: the World Economic Forum than he is about his own

1647
01:17:55,400 --> 01:18:00,280
Speaker 1: American citizens. Just one little, tiny problem turn out the

1648
01:18:00,320 --> 01:18:03,599
Speaker 1: whole thing was a complete hoax, cooked up by a

1649
01:18:03,680 --> 01:18:06,040
Speaker 1: right wing Jesse Smollette to fan the flames of the

1650
01:18:06,160 --> 01:18:09,599
Speaker 1: nation's media fueled culture wars. A local paper, the Mid

1651
01:18:09,640 --> 01:18:13,400
Speaker 1: Hudson News, actually exposed the entire scam. First, they did

1652
01:18:13,479 --> 01:18:16,400
Speaker 1: the most basic act of journalism, which either Fox or

1653
01:18:16,479 --> 01:18:18,559
Speaker 1: The New York Post could have done before running with

1654
01:18:18,600 --> 01:18:21,800
Speaker 1: the story that had absolutely no backing. They called the

1655
01:18:21,840 --> 01:18:25,160
Speaker 1: hotel that was supposedly at the center of this veterans

1656
01:18:25,160 --> 01:18:28,240
Speaker 1: booted for migrant story found they denied every aspect of

1657
01:18:28,280 --> 01:18:31,080
Speaker 1: it completely. The hotel did actually have some asylum seekers

1658
01:18:31,120 --> 01:18:33,720
Speaker 1: as guests, but no one had been kicked out for them,

1659
01:18:33,800 --> 01:18:35,920
Speaker 1: and in fact, they had plenty of rooms available to

1660
01:18:35,960 --> 01:18:38,880
Speaker 1: accommodate veterans or anyone else who wanted to stay there.

1661
01:18:39,280 --> 01:18:41,919
Speaker 1: A second hotel in Fishcale, New York, where the veterans

1662
01:18:41,920 --> 01:18:47,240
Speaker 1: were supposedly relocated, also denied the basics of the story. Next,

1663
01:18:47,280 --> 01:18:49,559
Speaker 1: you had a Republican state lawmaker who had taken up

1664
01:18:49,600 --> 01:18:53,719
Speaker 1: the mantle of advocating for these supposedly displaced veterans, admitted

1665
01:18:53,760 --> 01:18:55,639
Speaker 1: to the paper that appeared the whole story was fake.

1666
01:18:55,760 --> 01:18:58,799
Speaker 1: After the head of that nonprofit originally quoted by the Post,

1667
01:18:59,160 --> 01:19:02,680
Speaker 1: was enable to produce any evidence of his veracity, and

1668
01:19:02,720 --> 01:19:05,679
Speaker 1: then ultimately ghosted him and to put the final nail

1669
01:19:05,680 --> 01:19:08,960
Speaker 1: on the coffin here. The paper then identified homeless men

1670
01:19:09,160 --> 01:19:12,559
Speaker 1: who'd been recruited by that nonprofit head Sharon Tony Finch,

1671
01:19:12,800 --> 01:19:16,320
Speaker 1: with food, alcohol, and the promise of a cash payment

1672
01:19:16,520 --> 01:19:19,639
Speaker 1: to lie and pretend that they were the men who

1673
01:19:19,640 --> 01:19:21,800
Speaker 1: had been kicked out of the hotel. According to the

1674
01:19:21,840 --> 01:19:24,080
Speaker 1: Mid Hudson News, one of the men said Finch told

1675
01:19:24,160 --> 01:19:25,840
Speaker 1: them they were going to a meeting where she would

1676
01:19:25,840 --> 01:19:27,960
Speaker 1: be explaining how they'd been kicked out of a hotel

1677
01:19:28,000 --> 01:19:30,400
Speaker 1: to make room for migrants. She told us to act

1678
01:19:30,439 --> 01:19:32,960
Speaker 1: like we were the veterans that had been displaced, and

1679
01:19:33,120 --> 01:19:35,240
Speaker 1: she told us that if asked, we were supposed to

1680
01:19:35,280 --> 01:19:37,479
Speaker 1: say we had been kicked out, and Sharon found us

1681
01:19:37,520 --> 01:19:38,400
Speaker 1: rooms in Fishkill.

1682
01:19:38,680 --> 01:19:40,040
Speaker 4: He also noted that men who.

1683
01:19:39,880 --> 01:19:42,320
Speaker 1: Were unwilling to answer were told to respond with I'm

1684
01:19:42,360 --> 01:19:45,519
Speaker 1: too traumatized to talk about it if asked. In the end,

1685
01:19:45,720 --> 01:19:47,760
Speaker 1: this lady did not even give these men the two

1686
01:19:47,840 --> 01:19:50,479
Speaker 1: hundred dollars cash payment she had lured them with. Now,

1687
01:19:50,479 --> 01:19:53,839
Speaker 1: after Fox spent hours flogging the story, in emotional language.

1688
01:19:53,880 --> 01:19:55,639
Speaker 1: They attempted to clean up their mess with a couple.

1689
01:19:55,520 --> 01:19:56,240
Speaker 4: Of short corrections.

1690
01:19:56,320 --> 01:19:58,519
Speaker 1: You can bet millions of people who heard the original

1691
01:19:58,560 --> 01:20:00,920
Speaker 1: story they will never hear that it all turned out

1692
01:20:00,960 --> 01:20:03,679
Speaker 1: to be complete and utter hoax. Workers for the hotel

1693
01:20:03,720 --> 01:20:05,759
Speaker 1: at the center of the lie they have been besieged

1694
01:20:05,760 --> 01:20:09,000
Speaker 1: by irate phone calls and physical threats. Now, the sad

1695
01:20:09,000 --> 01:20:12,000
Speaker 1: thing is this wasn't even close to the only national

1696
01:20:12,000 --> 01:20:14,320
Speaker 1: culture war story that was revealed as a hoax. Just

1697
01:20:14,400 --> 01:20:17,519
Speaker 1: in the last week, a Senate candidate who had claimed

1698
01:20:17,520 --> 01:20:19,760
Speaker 1: that he witnessed child sex trafficking while working at an

1699
01:20:19,760 --> 01:20:22,400
Speaker 1: adult bookstore. He was forced to retract his story and

1700
01:20:22,400 --> 01:20:25,240
Speaker 1: admit he had lied and sworn affidavit after being charged

1701
01:20:25,280 --> 01:20:28,439
Speaker 1: with making a full statement. He confessed quote on April ninth,

1702
01:20:28,479 --> 01:20:30,799
Speaker 1: twenty twenty two, I went to work at the Mistress.

1703
01:20:30,840 --> 01:20:32,679
Speaker 1: When I arrived at work, I noticed a young girl

1704
01:20:32,680 --> 01:20:35,360
Speaker 1: and an elderly male in a store near the atm. I

1705
01:20:35,360 --> 01:20:39,599
Speaker 1: immediately recognized this as an opportunity to potentially obtain traction

1706
01:20:39,720 --> 01:20:40,880
Speaker 1: from my political career.

1707
01:20:41,240 --> 01:20:41,920
Speaker 4: He continues.

1708
01:20:42,200 --> 01:20:45,000
Speaker 1: I use the opportunity to take photographs of a child

1709
01:20:45,160 --> 01:20:47,479
Speaker 1: and send it to my followers. This is a topic

1710
01:20:47,520 --> 01:20:50,440
Speaker 1: of serious concern amongst my voter base, and I intentionally

1711
01:20:50,479 --> 01:20:53,799
Speaker 1: brought attention to a situation that simply did not occur.

1712
01:20:54,360 --> 01:20:57,439
Speaker 1: Goes on to express regret for slandering and investigating law

1713
01:20:57,520 --> 01:21:01,280
Speaker 1: enforcement officer, potentially endangering the child that he photographed, and

1714
01:21:01,320 --> 01:21:05,000
Speaker 1: causing cops to spend hundreds of hours investigating what was

1715
01:21:05,040 --> 01:21:08,920
Speaker 1: a fake crime. There was also a viral video incident

1716
01:21:09,000 --> 01:21:12,439
Speaker 1: involving a supposedly racist Karen fighting over a rental bike

1717
01:21:12,520 --> 01:21:15,200
Speaker 1: with a group of young black men. She was accused

1718
01:21:15,240 --> 01:21:17,680
Speaker 1: by famous civil rights attorney Ben Crump of attempting to

1719
01:21:17,720 --> 01:21:21,000
Speaker 1: steal the bike from these young black men. He wrote

1720
01:21:21,000 --> 01:21:24,080
Speaker 1: on Instagram, this is Krump quote. She grossly tried to

1721
01:21:24,120 --> 01:21:26,639
Speaker 1: weaponize her tears to paint this man as a threat.

1722
01:21:26,960 --> 01:21:29,599
Speaker 1: This is exactly the type of behavior that has endangered

1723
01:21:29,640 --> 01:21:33,040
Speaker 1: so many black men in the past. Well turns out

1724
01:21:33,160 --> 01:21:36,479
Speaker 1: the instant judgment might have been exactly backwards. This nurse,

1725
01:21:36,479 --> 01:21:39,920
Speaker 1: who is six months pregnant, provided receipts then independent showing

1726
01:21:39,960 --> 01:21:41,719
Speaker 1: she had paid for the bike in question, a fact

1727
01:21:41,720 --> 01:21:43,240
Speaker 1: that was not shown in the video, which led to

1728
01:21:43,240 --> 01:21:45,880
Speaker 1: her being smeared nashally as a racist and also being

1729
01:21:45,920 --> 01:21:49,000
Speaker 1: put on leave from her job as a nurse. According

1730
01:21:49,000 --> 01:21:51,680
Speaker 1: to her lawyer, she paid for the bike, was then

1731
01:21:51,720 --> 01:21:54,559
Speaker 1: heckled and harassed by the young men who physically pushed

1732
01:21:54,600 --> 01:21:57,240
Speaker 1: her and the bike back into the docking station, causing

1733
01:21:57,280 --> 01:21:59,439
Speaker 1: it to relock. One of the men, which you can

1734
01:21:59,520 --> 01:22:01,759
Speaker 1: see in the vid, then covered up the QR code

1735
01:22:01,800 --> 01:22:04,240
Speaker 1: on the bike rack to prohibit her from checking.

1736
01:22:03,920 --> 01:22:05,040
Speaker 4: That bike out again.

1737
01:22:05,600 --> 01:22:08,000
Speaker 1: So instead of a racist Karen, this video might actually

1738
01:22:08,040 --> 01:22:10,679
Speaker 1: show the tail end of a pregnant nurse being mocked, harassed,

1739
01:22:10,720 --> 01:22:13,559
Speaker 1: and intimidated by a group of young men. Now we

1740
01:22:13,600 --> 01:22:15,840
Speaker 1: didn't cover any of these stories, not because we're such

1741
01:22:15,880 --> 01:22:18,799
Speaker 1: geniuses that we can intuitively spot every fake the incident

1742
01:22:18,920 --> 01:22:21,519
Speaker 1: hits the partisan press, but because we try not to

1743
01:22:21,560 --> 01:22:25,559
Speaker 1: do news analysis by anecdote. After all, let's say that

1744
01:22:25,600 --> 01:22:29,120
Speaker 1: the racist Karen incident was true. Does one light white

1745
01:22:29,160 --> 01:22:32,280
Speaker 1: lady being fragile and manipulative really tell us anything more

1746
01:22:32,320 --> 01:22:35,760
Speaker 1: broadly about the country. Factually grounded anecdotes they can be

1747
01:22:35,840 --> 01:22:39,120
Speaker 1: useful to help give color to establish facts, data policy, or.

1748
01:22:39,080 --> 01:22:41,720
Speaker 4: They can also be useful to help formulate a hypothesis

1749
01:22:41,760 --> 01:22:43,040
Speaker 4: than that you then test.

1750
01:22:43,600 --> 01:22:48,000
Speaker 1: But on their own they're mostly just propaganda, mostly emotional manipulation.

1751
01:22:48,520 --> 01:22:50,360
Speaker 4: Unfortunately, too, we have become a.

1752
01:22:50,400 --> 01:22:54,519
Speaker 1: Nation of easy marks, millions of culture war poison brains,

1753
01:22:54,640 --> 01:22:57,240
Speaker 1: just prime for the next viral video or anecdote to

1754
01:22:57,360 --> 01:23:00,719
Speaker 1: confirm what we think we already know, with media goules

1755
01:23:00,760 --> 01:23:04,400
Speaker 1: ready to cherry pick stories to reinforce our elaborate mind palaces,

1756
01:23:04,680 --> 01:23:07,880
Speaker 1: and fame hungry Charlatan's ready to outrite concoct narratives that

1757
01:23:07,920 --> 01:23:10,320
Speaker 1: are tailor made to draw us in, with irresistible culture

1758
01:23:10,400 --> 01:23:13,599
Speaker 1: war bait pundits and influencers ready to pounce in order

1759
01:23:13,640 --> 01:23:16,280
Speaker 1: to boost their own clout too. And this is all

1760
01:23:16,320 --> 01:23:19,880
Speaker 1: before AI generated deep fakes thoroughly flood the zone, making

1761
01:23:19,920 --> 01:23:21,400
Speaker 1: it even more difficult.

1762
01:23:21,040 --> 01:23:22,559
Speaker 4: To separate fact from fiction.

1763
01:23:23,280 --> 01:23:27,839
Speaker 1: Be wary of these two perfect culture war flashpoints stories,

1764
01:23:28,240 --> 01:23:31,920
Speaker 1: reject the news outlets that routinely traffic in them, and

1765
01:23:31,960 --> 01:23:35,280
Speaker 1: be especially skeptical when a story matches up with your

1766
01:23:35,320 --> 01:23:40,439
Speaker 1: existing worldview a little bit too perfectly. This homeless veterans,

1767
01:23:40,720 --> 01:23:41,880
Speaker 1: and you think of this one.

1768
01:23:41,760 --> 01:23:44,519
Speaker 2: And if you want to hear my reaction to Crystal's monologue,

1769
01:23:44,560 --> 01:23:50,559
Speaker 2: become a premium subscriber today at breakingpoints dot com.

1770
01:23:50,680 --> 01:23:52,880
Speaker 3: Thank you, guys so much for watching. We really appreciate Crystal.

1771
01:23:52,920 --> 01:23:54,040
Speaker 3: You're going to be out tomorrow.

1772
01:23:55,439 --> 01:23:59,680
Speaker 1: I've got kindergarten graduation apparently a thing. So yeah, we're

1773
01:23:59,760 --> 01:24:02,639
Speaker 1: in the all the end of school year madness. So

1774
01:24:02,680 --> 01:24:04,320
Speaker 1: I'll be out on Tuesday, but then I'm going to

1775
01:24:04,360 --> 01:24:06,879
Speaker 1: fill in for Ryan on Wednesday on Counterpoints.

1776
01:24:06,880 --> 01:24:07,919
Speaker 4: So we're doing a little switch.

1777
01:24:07,840 --> 01:24:10,280
Speaker 2: As you guys always wanted. You wanted multiple switcheroos, So

1778
01:24:10,360 --> 01:24:12,479
Speaker 2: that's there it is. We've we've got the you know,

1779
01:24:12,520 --> 01:24:14,240
Speaker 2: the game to please you, got the Bro Show, We've

1780
01:24:14,240 --> 01:24:15,559
Speaker 2: got the Girl what is it, the Girl show?

1781
01:24:15,560 --> 01:24:15,800
Speaker 3: Whatever?

1782
01:24:15,800 --> 01:24:21,959
Speaker 2: You ladies, ladies, ladies. So we'll see you guys tomorrow.

1783
01:24:22,040 --> 01:24:22,599
Speaker 3: Me and Ryan.

1784
01:24:22,680 --> 01:24:25,320
Speaker 2: Thank you for everybody who's been signing up premium. We

1785
01:24:25,360 --> 01:24:28,080
Speaker 2: really appreciate it helping us as we approach our new set,

1786
01:24:28,120 --> 01:24:31,919
Speaker 2: new studio, new vision for Breaking Points, breakingpoints dot com.

1787
01:24:31,920 --> 01:24:33,080
Speaker 3: Otherwise, we'll see you soon.