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on the pod, on the pod, on the pod. Pod,

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yes. It's colloquialism. It's a podcast. Adam Curry. It's Sunday,

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August 30th, 2026. This is your award-winning Get My Nation

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Media Assassination Episode 1899. This is No Agenda. This is

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No Agenda. Coming to you from the gateway to all

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drug trade throughout Europe, here in Rotterdam, the Netherlands, special

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guest from the All In Podcast, Jason Calacanis. Jay Cal

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will be joining me to make sense of your world

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and deconstruct the media in less than one minute. Thank

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you. Ladies and gentlemen, valued producers and pre-revenue startups burning

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12 million a quarter. Woo! disruptor, angel investor, all Silicon

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Valley's designated intent You don't get an intro like that

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everywhere, do you, Jason? Oh, no. It's so great to

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be here. In the morning to you. That was a

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great intro. Love it. Jason, you're in the Hill Country

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in Texas, I believe. How long have you been in

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the Hill Country? This is year three for me. I'm

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at the Eastern... ridge of the Edwards Plateau. As you

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know, that's the plateau, you and I, in FEMA region

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number six. That's right. FEMA region number six. You got

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a noisy room there, brother. What's going on? Okay, I'm

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coming in here. You got to get into that mic,

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man. This isn't like some video podcast where you got

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a bunch of dudes on there just yapping away. way

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with Skype taking care of everything. I'm sorry. Zoom. Zoom.

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Zoom. Zoom. I'm up on the mic here. Hopefully I'm

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okay. Yeah, that's good. I just dated myself. Thank you

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so much for taking time out of your busy week

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to do this. My pleasure. People don't know, but I

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have always been a huge fan of not just No

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Agenda, but John C. Dvorak, in my early years, I

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used to race home after school to get the PC

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magazine, and I would open it up and I would

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read about his column. And I always said, gosh, if

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someday I could get paid... To do what this guy

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does, which is just be a curmudgeon and get free

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product and then just, you know, say it's terrible and

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push him to do better. You know, and then... Growing

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up, I grew up on MTV, and I got to

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see you as just a great broadcaster. And I've always

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just been a fan of your work as well, MTV,

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and what you did online, what you did building websites

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in your design company. So I always thought you and

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John were like... big brothers to me to kind of

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study and watch what you do because you, Gosh, my

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whole career now is based on podcasting. People don't know

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this, but you created podcasting with Dave Weiner. And then

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my previous company, Weblogs Inc., my blog company, was based

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on Dave Weiner creating RSS. Now, wait a minute. Don't

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we know each other from the 90s in New York?

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Yes, we were both in New York in the 90s.

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I was doing Silicon Alley reporting. Silicon Alley, that's right.

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You were like that guy who was always trying to

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get scoops and stuff. Yeah, you know, I had about...

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you know, at the age of 23 or 24, I

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started zines. The punk rock thing to do was to

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build a website or have a zine. So I had

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a, like a photocopy zine, but I just timed the

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wave perfectly with, you know, um, the internet and you,

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you timed it as well. You bought like the first

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domain names and I was just running around New York

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talking about CD, roms and voyager and interactive websites i

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was as you know fascinated as you but i always

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wanted to be a broadcaster and you were like you

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know one of the first vjs which was truly innovative

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in the world and then there was howard stern it

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was john c devorak and and you know i got

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to just take notes i took notes You know, it's

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funny you bring up MTV, which I usually don't think

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about or talk about, but I just saw Sean Lennon

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on Rick Beato's podcast. You ever watch Rick Beato? You

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know who he is? No, I don't even know. He's

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the guy who... He has a studio and, you know,

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he's been recording and recording music for forever, I think.

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But he started, I think YouTube, he's more of a

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YouTuber than a podcaster. But he gets guys in, he

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gets some famous musicians and they're talking, they're playing, talking

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about recording techniques. And probably for the last... two years,

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he's talked nonstop about how AI is killing the music

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business, of course. And I actually pulled this clip because

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it was kind of fun. What scares me is that

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I used to be kind of anti-MTV in a way.

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You're like, oh, MTV is just so mainstream and corporate.

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But I miss it now because I feel like there's

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no town square or campfire where we can all go

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and kind of at least... know where culture is. -

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Absolutely. - In fact, there might be no place that

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culture is because there's no single culture. There's cultures and

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they're all over the place. And of course, certain people

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manage to break through and resonate with bigger groups for

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periods of time, but it's never like Michael Jackson Thriller.

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- That's right. - It ain't like that. And I

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think that was really good for humanity 'cause it kinda

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connected us. It made us family. Yes. We were family.

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Remember back in the day? We were family. Yes. I

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think actually early blogs and early podcasting was all. We

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were also kind of family in a way back in

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the day. Yeah. You know, there was a group of

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folks who were drawn to the internet in the early

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days. They were generally... you know, radical, freedom-loving, you know,

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explorers. And we just wanted people to get an internet

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connection and join the party, right? That was like the

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ethos of it when it was only a couple million

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people online. Then the web browser happened, dial-up, et cetera.

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And then everybody went to blogging for a little bit,

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and then everybody went to podcasting. And... I just remember

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when podcasting came out, I was just like, wow, you

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could actually be Howard Stern. You don't need anybody. And

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literally you just telling Dave to add... That little enclosure

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to the RSS feed changed the world. And, you know,

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I don't mean to blow smoke or anything, but I

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don't think you get your due. And I have very

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few people at this level, you know, have a top,

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literally top top. five podcasts in the world most weekends,

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you know, all in gets into the top five on

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the rankings. It's kind of crazy. I hear you're the

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best podcast in the world, which is still one step

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under best podcast in the universe. Well, let me tell

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you, that's called a hat tip, sir. And so I,

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there's a, there was a literal hat tip to you

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because you were saying that, long before I did. And

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I literally this week was talking to Spotify. And I

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said, hey, guys, you know, listen, if you want me

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to tweet the link to Spotify, you've got to go

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listen to Podcasting 2.0. And I want these two things,

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the donate button and the live button. I want you

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to respect, you know, the standards because I wouldn't be

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here if it wasn't for what Adam Curry and Dave

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did. And now, you know, as part of this ecosystem,

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you all need to support it. So, and then the

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value for value thing, when I started this week in

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startups, I tested it and it went Just even back

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then, 16, 17 years ago. I think I started 16

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years ago. You started 18 or 19? That's hard to

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remember. I think daily source code, it just celebrated... 22

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years, maybe? Okay, so you're probably at 19. I'm probably

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at like 16 or 17. And I did that, but

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then I wound up getting all this advertising. But I

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wish I had just stuck with Value for Value. I

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think it's like, it's another one of those like, innovative

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things you did in your career that I take notes.

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And when you get to the top of the game,

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who can you look to and say, okay, who's doing

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something innovative in the world? There's no agenda and what

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you and John did here and continue to do here.

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However you wind up. And that was my big question

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for you is like, where are you at in your

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journey? Because the community needs to know. But I just

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there's very few people I take notes from and you're

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one of those people. So I always try to give

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you your due as I wouldn't have the career I

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have. If it hadn't been for that moment, will you

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ask Dave in that enclosure? So just a formal thank

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you from me. You're more than welcome. It just kind

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of happened. But what is so interesting is that all

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of a sudden you're like, you're in California, you're early

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investor in California, I want to say Tesla, but probably

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other things, maybe even Twitter. Uber was the famous one.

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Uber, right. And then from there, you just expanded it

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into... You've got your... You started seed funding, and now

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I think you're a proper venture capital dude. And it's

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just been a very interesting career. And I love that

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you... Ultimately just went, you know, I got to come

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back to the... I got to go to Texas, which

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is the same as me. It's like I was East

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Coast guy, West Coast for just a little bit. And

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like, no, Texas is the place. And that is just

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an interesting choice he made there. Isn't that interesting? Because

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we both...

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had the same exact experience. We were in New York

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in the 90s, which for anybody who doesn't know, New

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York was the peak, like just peak culture in the

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90s. Hip hop hit, MTV. Yeah, it was amazing. The

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internet, blogging. It was amazing. And the world was just

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amazing. For young people to do whatever they wanted, people

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just believed in youth. It was literally like the 60s,

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probably. If John was here, he could tell us all

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about it. Yeah, he would say no, but okay. He'd

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be like, bullcrap. see it's not like the 60s we

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did a lot of acid um i'll get into my

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jcd i got some clips on the impersonation anyway um

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you're right and you know i got to spend a

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little time in la a little time in the valley

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but then i watched as like new york went complete

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socialist lunacy crime insanity it's really heartbreaking for me because

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i grew up up in Brooklyn to see that. And

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then in California, I just watched it go from like

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a place where it celebrated innovation, starting companies, entrepreneurs to

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hating them. And then a couple of my friends, Elon,

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Joe Lonsdale. But, you know, just a bunch of people

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started going to this place, Austin. And I had been

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to Austin in the 90s for this little conference called

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South by Southwest. And I said, wow, this place is

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incredible. Like... This feels like Brooklyn where I grew up

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or it felt like San Francisco in the early 2000s

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when everybody was just rooting for each other. And it

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was like, we're all on the same team. Let's innovate.

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And it really is like, I think the spirit of

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America lives here in Texas. And I'm just, I am

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loving it. I think you're right. In fact, I got

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a clip from... From Los Angeles, um, What's the, who's

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the mayor now? Karen Bash, who lit the place on

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fire in Africa while it was burning? This is a

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councilwoman who had a small moment of clarity about something

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that Los Angeles wanted to implement. LACD Councilwoman Tracy Park

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is saying a hard no to one potential. city project,

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public sex huts. This comes after the idea was floated

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by a resident during a city council meeting. The idea

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was for a private place where homeless people could go

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to have some privacy as a couple or by themselves.

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Park introduced the man's suggestion in a video titled, Things

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That Would Only Happen in L.A. But before even getting

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off the ground, Park made it clear saying at the

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end of the video So, quote, no, we are not

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doing public sex huts. I guarantee you it's still going

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to happen. It's too good of an idea for Los

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Angeles. They love stupid stuff like that. You know, watching

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the homeless situation in San Francisco go from, you know,

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got a thousand people, 2,000, and then hit tens of

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thousand, I realized this is the wrong moniker. This has

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nothing to do with homelessness. It really is a tragedy.

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It has to do with fentanyl and opioids, math. It's

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really sad because if you, God forbid, somebody in your

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family was on the street in one of these places

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and they... were allowing people to freely sell fentanyl for

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five bucks a hit, 10 bucks a hit. And then

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they wouldn't arrest the fentanyl dealers who are all from

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like South America in these crazy gangs. And you let

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people live on the street. And he was, person who

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had a family member, again, God forbid, would say, please

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arrest them and put them in jail and just, because

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they're not going to get help. And the ability to

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get off that drug is like 10%, 5%, best case

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scenario. And it's not compassionate to allow people to live

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on the street. It's not compassionate to allow the super

236
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drug to be sold. But it's a liberal thing because

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this is exactly... exactly what happened to Austin. That's why

238
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Tina and I had to leave. I'll never forget, I

239
00:13:46,080 --> 00:13:49,309
went on Joe Rogan's show when he was still in

240
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Los Angeles. And it was right before COVID. And so,

241
00:13:52,539 --> 00:13:55,720
you know, COVID's going on. Everything's kind of weird. But

242
00:13:55,720 --> 00:13:58,029
it was fine for me because I was just at

243
00:13:58,029 --> 00:13:59,840
home and John and I were having a good time

244
00:13:59,840 --> 00:14:02,690
trying to tell people this was nuts. And then Rogan

245
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calls me. He says, hey, I'm thinking of moving to

246
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Texas. I was thinking Houston or Dallas. I'm like, no,

247
00:14:10,230 --> 00:14:12,389
man, you got to come to Austin. And so he

248
00:14:12,389 --> 00:14:17,389
comes to Austin near the tail end of COVID. And

249
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at this point, we're out. We're like, there's so many

250
00:14:20,610 --> 00:14:24,190
homeless, or I'm sorry, camping. And Joe calls me and

251
00:14:24,190 --> 00:14:27,059
says, hey, man, I'm here, but... This was all the

252
00:14:27,059 --> 00:14:31,960
tense. I don't know, man. I'm moving to Fredericksburg. I

253
00:14:31,960 --> 00:14:36,879
mean, listen, really how you frame an issue, and this

254
00:14:36,879 --> 00:14:38,370
is one of the things I love about what you

255
00:14:38,370 --> 00:14:40,839
guys do, is you really challenge people to reframe their

256
00:14:40,839 --> 00:14:44,970
thinking. Shout out Scott Adams. And to really deconstruct the

257
00:14:44,970 --> 00:14:49,100
media. If you call this... a homeless problem and you

258
00:14:49,100 --> 00:14:52,059
use camping, well, then you're going to try to solve

259
00:14:52,059 --> 00:14:55,149
that set of problems. The truth is I call them

260
00:14:55,149 --> 00:14:57,000
junkies because when I grew up, what did you call

261
00:14:57,000 --> 00:14:59,509
somebody who was addicted to junk? Junkies. And people get

262
00:14:59,509 --> 00:15:02,430
very upset when I say that. And I'm like... Gotta

263
00:15:02,430 --> 00:15:05,240
use the accurate word. If you say they're junkies, then

264
00:15:05,240 --> 00:15:08,490
you know, okay, it's a 95% chance this person is

265
00:15:08,490 --> 00:15:10,180
gonna be dead in the next two or three years,

266
00:15:10,319 --> 00:15:12,529
and the only way to help them is to force

267
00:15:12,529 --> 00:15:15,120
them into rehab or to put them in jail to

268
00:15:15,120 --> 00:15:18,569
detox them. And that is sadly the only solution. You

269
00:15:18,569 --> 00:15:20,779
cannot solve this by giving them a free home or

270
00:15:20,779 --> 00:15:24,710
giving them money. And California tried. And Austin, I think,

271
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is learning that hard lesson of like, you just can't

272
00:15:27,910 --> 00:15:33,910
enable it. And if you, you know, You're like, why

273
00:15:33,910 --> 00:15:36,480
are there no homeless people? If somebody's homeless in Japan,

274
00:15:36,860 --> 00:15:39,480
they pick them up and they bring them to their

275
00:15:39,480 --> 00:15:43,860
family. And that is the process. And I think you

276
00:15:43,860 --> 00:15:46,470
can learn a lot from that. If you have somebody

277
00:15:46,470 --> 00:15:50,000
in your family who's got this problem, picking them up,

278
00:15:50,079 --> 00:15:52,559
Taking them from California back to wherever they came from.

279
00:15:52,620 --> 00:15:55,360
Because if you talk, 90% of the people who are

280
00:15:55,360 --> 00:15:58,629
addicted in California are from other places. They just know

281
00:15:58,629 --> 00:16:02,620
they can score. Yes, the weather, you can score and

282
00:16:02,620 --> 00:16:05,879
not go to jail. and they give you $800. So

283
00:16:05,879 --> 00:16:09,559
famous venture capitalist Bill Gurley told me, hey, you know,

284
00:16:09,559 --> 00:16:12,779
JCal, if you want to get more of something, you

285
00:16:12,779 --> 00:16:14,399
should pay for it. And if you pay for it,

286
00:16:14,399 --> 00:16:16,440
you'll get more of it. And that's what California did.

287
00:16:16,500 --> 00:16:19,059
They were literally paying for every junkie in the country

288
00:16:19,059 --> 00:16:22,700
to come there. You know, it's sad. I'm in Rotterdam,

289
00:16:22,860 --> 00:16:25,569
the Netherlands right now. Finally, tomorrow, I will say, see

290
00:16:25,569 --> 00:16:28,240
my granddaughter for the first time yes i was supposed

291
00:16:28,240 --> 00:16:30,799
to come earlier but we had a little death in

292
00:16:30,799 --> 00:16:34,519
the family um yeah and uh and the netherlands used

293
00:16:34,519 --> 00:16:37,870
to be no homeless just it wasn't a thing and

294
00:16:37,870 --> 00:16:41,160
now you see them everywhere it's it's and this is

295
00:16:41,160 --> 00:16:46,600
and there's no need for it and that's drugs obviously

296
00:16:46,730 --> 00:16:49,829
It's just, it's a sad thing. By the way, I'm

297
00:16:49,829 --> 00:16:52,299
going to be, I'm a little slow today because this

298
00:16:52,299 --> 00:16:55,289
was, and you travel internationally. This was not a great

299
00:16:55,289 --> 00:17:00,250
travel day. We had, we left yesterday. Um, The direct

300
00:17:00,250 --> 00:17:03,259
flight from Austin to Amsterdam was supposed to leave at

301
00:17:03,259 --> 00:17:06,799
6, so we really weren't in the air until 7.30.

302
00:17:07,400 --> 00:17:10,549
And as much as I like KLM, they really had

303
00:17:10,549 --> 00:17:16,069
the older crew. Yeah. And they were slow, so dinner

304
00:17:16,069 --> 00:17:20,019
really wasn't, you know, our time dinner wasn't really being

305
00:17:20,019 --> 00:17:23,639
served until 9.30. And, you know, the lights are on.

306
00:17:23,720 --> 00:17:27,430
You can't really close your eyes. And I stupidly started

307
00:17:27,430 --> 00:17:33,259
to watch... uh, operation Hail Mary with Ryan Gosling. Have

308
00:17:33,259 --> 00:17:36,519
you, have you seen that movie? I did. I did.

309
00:17:36,579 --> 00:17:38,920
Yeah. Not bad. It's two and a half hours. And

310
00:17:38,920 --> 00:17:41,769
you know, so, so I'm eating during it. And so

311
00:17:41,769 --> 00:17:45,089
anyway, so I wind up sleeping maybe an hour and

312
00:17:45,089 --> 00:17:48,440
a half, two hours, We land now, and then we

313
00:17:48,440 --> 00:17:51,500
got to get from Amsterdam to Rotterdam. I forgot with...

314
00:17:51,579 --> 00:17:53,690
traffic and it's just you know it took a nut

315
00:17:53,690 --> 00:17:56,940
so we're here arduous at 1 30 in the afternoon

316
00:17:56,940 --> 00:18:00,690
and then oh we're sorry the room won't be ready

317
00:18:00,690 --> 00:18:04,269
until three so it's just oh man it's just been

318
00:18:04,269 --> 00:18:07,039
one one mishap after another but anyway um but we'll

319
00:18:07,039 --> 00:18:08,860
get through it we'll get through it hey man i

320
00:18:08,860 --> 00:18:11,900
got a Got a question for you, because the audience

321
00:18:11,900 --> 00:18:15,460
wants to know, like, how are you doing with, you

322
00:18:15,460 --> 00:18:18,900
know, John passing, obviously, and figuring out the next chapter,

323
00:18:18,900 --> 00:18:22,799
like, and, you know, obviously, you're trying different things here.

324
00:18:22,799 --> 00:18:24,980
I was super flattered that you asked me to fill

325
00:18:24,980 --> 00:18:28,130
in one day. But what's your thinking here? Like, you're

326
00:18:28,130 --> 00:18:30,769
gonna keep going? You're gonna do it once a week?

327
00:18:30,769 --> 00:18:34,320
I mean, You always joked about the exit strategy. Where's

328
00:18:34,320 --> 00:18:37,340
your head at right now? Because I can't imagine having

329
00:18:37,340 --> 00:18:41,000
a 20-year collaborator, and then it goes, and then you

330
00:18:41,000 --> 00:18:43,960
got this huge community that's, hey, they want you to

331
00:18:43,960 --> 00:18:48,769
keep going, but can it be the same? Yeah. I

332
00:18:48,769 --> 00:18:51,720
don't know. I've been thinking about you, and I DMed

333
00:18:51,720 --> 00:18:54,440
you a bunch. I've just been thinking about you. You've

334
00:18:54,440 --> 00:18:57,990
actually been very encouraged. We have DMed from time to

335
00:18:57,990 --> 00:19:01,619
time, and you've always been very encouraging. I've always appreciated

336
00:19:01,619 --> 00:19:03,980
that, especially because John and I would make such fun

337
00:19:03,980 --> 00:19:06,220
of you on the show all the time. Fair game,

338
00:19:06,220 --> 00:19:11,799
fair game. So what people don't – well, they realize

339
00:19:11,799 --> 00:19:16,289
it, but they don't, is that for me, okay, my

340
00:19:16,289 --> 00:19:19,429
– it was a performance. John and I did a

341
00:19:19,429 --> 00:19:24,059
show together, and it was a – You're breathing real.

342
00:19:24,579 --> 00:19:27,559
Hold on a second. What are you doing? No. You

343
00:19:27,559 --> 00:19:29,490
know what? My air purifier went on. Oh, is that

344
00:19:29,490 --> 00:19:34,700
what? It's the HEPA filter. Turn that thing off. So

345
00:19:34,700 --> 00:19:39,009
with John passing, it was not just, you know, my

346
00:19:39,009 --> 00:19:44,700
business partner, my performance partner. I mean, he died. Yes.

347
00:19:44,869 --> 00:19:47,880
But the show died. What the show was died and

348
00:19:47,880 --> 00:19:53,980
can never, ever come back. And that I'm not sure,

349
00:19:53,980 --> 00:19:57,059
to be honest. I mean, I've been doing other things.

350
00:19:57,059 --> 00:19:59,980
I have a company called Godcaster and we've been doing

351
00:19:59,980 --> 00:19:59,980
it.

352
00:20:00,009 --> 00:20:02,519
doing stuff with that. I really love, we get to

353
00:20:02,519 --> 00:20:04,980
do this that I do with, uh, with pastor Jimmy,

354
00:20:05,299 --> 00:20:09,759
um, which is, you know, it's, it's a version of,

355
00:20:09,880 --> 00:20:12,740
uh, of no agenda. I'm, I am passionate about that.

356
00:20:12,940 --> 00:20:16,920
I've enjoyed these past, you know, few shows with people,

357
00:20:17,059 --> 00:20:19,900
you know, People who I want to just, who I

358
00:20:19,900 --> 00:20:22,619
like working, I've always wanted to work with. Like, hey,

359
00:20:22,619 --> 00:20:23,980
I wonder what it'd be like to do a show

360
00:20:23,980 --> 00:20:25,829
with Rob Du. What it'd be like to do a

361
00:20:25,829 --> 00:20:29,519
show with Jason Calacanis. What it'd be like to do

362
00:20:29,519 --> 00:20:33,109
a show with Matt Long. I mean, I'm thinking of

363
00:20:33,109 --> 00:20:34,930
Tom Luongo. I don't know if you know who he

364
00:20:34,930 --> 00:20:39,220
is from the... Gold Goats and Guns podcast. Yeah. So

365
00:20:39,220 --> 00:20:42,660
I want to do that, but I don't know. I

366
00:20:42,660 --> 00:20:49,299
really don't know. It's to be seen. I'm definitely struggling.

367
00:20:49,460 --> 00:20:52,250
This is part of the process to figure out what

368
00:20:52,250 --> 00:20:56,259
to do. I mean, I... I feel that I probably

369
00:20:56,259 --> 00:20:58,779
have some other things to do. So I'm just not

370
00:20:58,779 --> 00:21:02,539
sure yet, Jason. I'm really not. Well, it's a process.

371
00:21:02,759 --> 00:21:06,000
And clearly the community is supportive of what you're doing.

372
00:21:06,420 --> 00:21:08,640
You know, I was thinking about it, and I do

373
00:21:08,640 --> 00:21:10,940
listen to the other one. We get to do this.

374
00:21:11,400 --> 00:21:13,569
I think it's great. I don't talk about the fact

375
00:21:13,569 --> 00:21:16,309
that I'm a Christian and I grew up Catholic. I

376
00:21:16,309 --> 00:21:18,430
didn't even know that. I mean, all of a sudden

377
00:21:18,430 --> 00:21:22,750
you're like, hey, brother. Well, I'm cloaked with you. Yeah,

378
00:21:22,750 --> 00:21:24,500
you're cloaked. decloaked right in front of me. I'm like,

379
00:21:24,539 --> 00:21:27,670
look at him. Well, you know, it's like, um, you

380
00:21:27,670 --> 00:21:29,700
know, you talk about it publicly. People are like, okay,

381
00:21:29,700 --> 00:21:32,440
that's weird. Like, uh, you, you, base uh some of

382
00:21:32,440 --> 00:21:36,150
your opinions on what you learned you know about christ

383
00:21:36,150 --> 00:21:38,779
and his lessons etc and i'm like yeah i'm pretty

384
00:21:38,779 --> 00:21:40,970
special guy even if you don't think he's the son

385
00:21:40,970 --> 00:21:42,839
of god you know get some lessons so anyway i

386
00:21:42,839 --> 00:21:44,750
think that pod is fantastic and i can feel the

387
00:21:44,750 --> 00:21:47,660
positivity and the energy from it but there's something very

388
00:21:47,660 --> 00:21:50,490
weird about podcasting and you know i'm probably one of

389
00:21:50,490 --> 00:21:54,460
the few people who can relate to this strange phenomenon

390
00:21:54,460 --> 00:21:57,519
which you have, which is people recognize you at an

391
00:21:57,519 --> 00:22:02,680
airport or, you know, and they just are, it's asymmetric

392
00:22:02,680 --> 00:22:06,809
intimacy. They really know you. They really love you. They

393
00:22:06,809 --> 00:22:09,920
really feel like they're your friend. It's so charming. Parasocial.

394
00:22:09,920 --> 00:22:12,559
But you don't, It's parasocial is the fancy word for

395
00:22:12,559 --> 00:22:16,170
it. And I call it like asymmetrical intimacy. And they

396
00:22:16,170 --> 00:22:19,329
just think, wow, J. Cal, I'm your buddy. Because you're

397
00:22:19,329 --> 00:22:24,400
in people's ears. These AirPods and the regular cadence every

398
00:22:24,400 --> 00:22:27,240
Thursday, every Sunday, no agenda, coming at you in the

399
00:22:27,240 --> 00:22:31,720
morning. And you guys were so good at it together

400
00:22:31,720 --> 00:22:36,059
that it forms that habit. And then it's really jarring

401
00:22:36,059 --> 00:22:41,450
to have it Change or go away. And that woman

402
00:22:41,450 --> 00:22:45,210
who was crying in Australia, just like some news lady,

403
00:22:45,210 --> 00:22:50,360
newscaster. She's a dame. She's been a dame for many,

404
00:22:50,360 --> 00:22:54,539
many years. Dame Sarah. Dame Sarah. Yeah, she was doing

405
00:22:54,539 --> 00:22:57,940
Good Morning Australia or Good Morning Australia. Sydney or something

406
00:22:57,940 --> 00:23:01,930
for many years. Oh, yeah. But you're exactly right. And

407
00:23:01,930 --> 00:23:04,559
every day I still get notes. You know, like I

408
00:23:04,559 --> 00:23:07,430
had no idea. I never cried for anyone I didn't

409
00:23:07,430 --> 00:23:12,819
know before. And people were destroyed. Yeah. Anyway, I don't

410
00:23:12,819 --> 00:23:17,920
really get like flying here. It's very odd because the

411
00:23:17,920 --> 00:23:25,240
flight attendants would go like, Aren't you Christina's dad? Fantastic.

412
00:23:26,400 --> 00:23:30,150
You're a granddad now. Hey, let's, let's, I'm so glad

413
00:23:30,150 --> 00:23:33,539
you did this. None of the other guest co-hosts have,

414
00:23:33,539 --> 00:23:36,480
have tried this out, but you threw, you threw an

415
00:23:36,480 --> 00:23:40,230
absolute three by three at me. Three by three. It's

416
00:23:40,230 --> 00:23:46,000
Never Met by JCD. Comparing stories from ABC, CBS, and

417
00:23:46,000 --> 00:23:49,490
NBC. Get a number of endings, three by three. All

418
00:23:49,490 --> 00:23:51,910
right, three by three. All right, three by three. We

419
00:23:51,910 --> 00:23:54,009
haven't had a three by three since the passing of

420
00:23:54,009 --> 00:23:57,049
the great JCD, but Jason, you brought it, so what

421
00:23:57,049 --> 00:24:02,650
are we doing here? All right, well... I, like John,

422
00:24:02,650 --> 00:24:06,819
I'm addicted to the Sunday morning shows, and... Obviously, the

423
00:24:06,819 --> 00:24:08,639
midterms are coming up. You talked about the last two

424
00:24:08,639 --> 00:24:12,960
episodes, midterms, midterms, midterms. And here we are again. Midterms.

425
00:24:13,059 --> 00:24:17,960
Oil. Midterms. Yes. What is actually happening during all this

426
00:24:17,960 --> 00:24:25,200
midterms, midterms, midterms? Now we got something really interesting. Venezuela,

427
00:24:25,200 --> 00:24:30,519
oil, Strait of Hormuz, China, and Russia, all of this

428
00:24:30,519 --> 00:24:36,799
is becoming, it's all starting to come together like a

429
00:24:36,799 --> 00:24:41,799
plot from Homeland or something, because here is the week.

430
00:24:41,880 --> 00:24:44,450
On Canada, this is the week, first part of our

431
00:24:44,450 --> 00:24:50,480
3x3, and it... Canadian politician just talking about Venezuela oil,

432
00:24:50,480 --> 00:24:52,610
which we just did a big deal for. President Trump

433
00:24:52,610 --> 00:24:54,589
announced on Friday that he had made a deal with

434
00:24:54,589 --> 00:24:59,769
Venezuela to take control of 65 billion barrels of its

435
00:24:59,769 --> 00:25:03,039
oil. How concerned are you about that? Because right now,

436
00:25:03,440 --> 00:25:06,680
Canada makes up 60% of the United States crude oil

437
00:25:06,680 --> 00:25:11,099
imports. Does this... give him a bigger bargaining chip? Well,

438
00:25:11,099 --> 00:25:14,099
you know something, that's going to be up to President

439
00:25:14,099 --> 00:25:16,700
Trump. Who do you want to deal with, an unstable

440
00:25:16,700 --> 00:25:20,019
government like Venezuela? Or do you want to deal with

441
00:25:20,019 --> 00:25:24,099
your number one trading partner, your number one ally that

442
00:25:24,099 --> 00:25:28,220
has stood shoulder to shoulder through almost every single war

443
00:25:28,220 --> 00:25:32,720
that both countries have been in? We're allies. We're best

444
00:25:32,720 --> 00:25:36,389
friends. Our trading is so integrated. We need to get

445
00:25:36,389 --> 00:25:40,500
a deal that's beneficial for both countries. And you'll see

446
00:25:40,500 --> 00:25:45,079
both countries thrive and prosper and grow. Now we go

447
00:25:45,079 --> 00:25:48,360
on. We will keep our eye on all of that.

448
00:25:48,460 --> 00:25:50,799
We thank you for your time this morning, Premier Ford.

449
00:25:51,220 --> 00:25:54,660
That was Ford. Of course it was. Yes. Brother of

450
00:25:54,660 --> 00:25:59,639
the other Ford. Yes. Yeah. Speaking of junkies. Um, So

451
00:25:59,639 --> 00:26:04,619
erotic. Here's Ted Cruz on MTP. Meet the press. You

452
00:26:04,619 --> 00:26:06,880
take me to my next question. Let's turn to Venezuela,

453
00:26:06,880 --> 00:26:10,440
this deal that President Trump announced on Friday to take

454
00:26:10,440 --> 00:26:14,319
control of more than 65 billion barrels of oil there.

455
00:26:14,799 --> 00:26:16,819
Senator Cruz, you have been calling for free and fair

456
00:26:16,819 --> 00:26:20,799
elections in Venezuela, which the administration has been promising since

457
00:26:20,799 --> 00:26:22,769
it's been a long time. arrested Nicolas Maduro. Do you

458
00:26:22,769 --> 00:26:27,059
believe elections should be held in Venezuela before any oil

459
00:26:27,059 --> 00:26:32,900
deal is finalized? Well, let me start by saying that...

460
00:26:33,019 --> 00:26:35,549
The oil deal, as announced, sounds like it could have

461
00:26:35,549 --> 00:26:38,230
a very positive impact on the United States, on the

462
00:26:38,230 --> 00:26:41,829
United States economy, on American jobs, and a very positive

463
00:26:41,829 --> 00:26:45,279
impact on gas prices over the long term. 65 billion

464
00:26:45,279 --> 00:26:48,860
barrels of oil is an enormous amount of oil. And

465
00:26:48,860 --> 00:26:52,759
so I commend President Trump for an agreement that on

466
00:26:52,759 --> 00:26:54,700
its face appears to be a very big have a

467
00:26:54,700 --> 00:26:59,380
really positive economic benefit for America? The question you ask,

468
00:26:59,380 --> 00:27:03,089
the answer is absolutely yes. There need to be democratic

469
00:27:03,089 --> 00:27:08,019
free elections in Venezuela. Delcy Rodriguez, was Nicolas Maduro's vice

470
00:27:08,019 --> 00:27:11,910
president. Maduro was illegitimate. He was a Marxist. He had

471
00:27:11,910 --> 00:27:15,980
seized power contrary to the will of the voters. And

472
00:27:15,980 --> 00:27:18,630
from the beginning, I have been urging, and I believe

473
00:27:18,630 --> 00:27:21,880
the administration is working towards this, that there should be

474
00:27:21,880 --> 00:27:24,880
free and fair elections. Before an oil deal is finalized.

475
00:27:24,880 --> 00:27:27,799
Who the leader should be. I think that's good. Let's

476
00:27:27,799 --> 00:27:33,000
have Cruz. You know, if we learned anything from JCD,

477
00:27:33,000 --> 00:27:39,180
it was that this is bull crap. The Venezuelan crude

478
00:27:39,180 --> 00:27:43,200
is like tar. You know, it's not like, oh, you

479
00:27:43,200 --> 00:27:46,039
can just take this to America and boom, you put

480
00:27:46,039 --> 00:27:49,319
it in your car. Yeah. It's dirty. Well, it's thick.

481
00:27:49,880 --> 00:27:52,519
Yeah, it's got to be processed. Yeah, and it's like,

482
00:27:52,519 --> 00:27:57,269
no, this isn't an obvious ploy for the midterms. Obvious

483
00:27:57,269 --> 00:28:00,980
ploy to try and—I don't think anyone's falling for it,

484
00:28:00,980 --> 00:28:05,619
but to reduce the overall price per barrel of oil.

485
00:28:05,730 --> 00:28:10,490
And it was our oil to start with. Our company

486
00:28:10,490 --> 00:28:13,059
set all of that up. So it's like, no, it

487
00:28:13,059 --> 00:28:17,569
sounds like a really big deal. But I also know

488
00:28:17,569 --> 00:28:21,970
from the oil baron that it's going to take $100

489
00:28:21,970 --> 00:28:25,920
billion of investment to really start moving all that stuff.

490
00:28:26,000 --> 00:28:29,119
It's not like, you know, it's just done. And then,

491
00:28:29,119 --> 00:28:31,610
yeah, Fox News commented on it as well, but I

492
00:28:31,610 --> 00:28:35,500
think it's pretty, to JCD's point, it's just another rehash

493
00:28:35,500 --> 00:28:37,659
of the same deal. And then at the same time,

494
00:28:37,799 --> 00:28:39,329
I don't know if you saw the breaking news, and

495
00:28:39,329 --> 00:28:42,869
there's no audio clip for this, unfortunately. There's talk that

496
00:28:42,869 --> 00:28:48,400
they're dredging Yeah, a canal. A new canal. Yeah. In

497
00:28:48,400 --> 00:28:51,440
the Strait of Hormuz that we will own with Oman.

498
00:28:51,720 --> 00:28:56,059
So now you start putting all this together. I don't

499
00:28:56,059 --> 00:28:58,500
know how you feel about it. The war was obviously

500
00:28:58,500 --> 00:29:01,559
a mistake in my mind. I think we had... with

501
00:29:01,559 --> 00:29:05,659
the strategic bombing and cutting things off and not letting

502
00:29:05,659 --> 00:29:09,759
them make progress. And now he's got to reverse that

503
00:29:09,759 --> 00:29:13,340
with 60 days or 45 days. So this is all

504
00:29:13,340 --> 00:29:17,579
about the midterms. I completely disagree. Okay, here we go.

505
00:29:17,880 --> 00:29:23,369
Because both Venezuela, remember it was Venezuela first. And Iran,

506
00:29:23,369 --> 00:29:27,320
you know, the oil, the cash flows from the oil,

507
00:29:27,320 --> 00:29:31,490
people don't understand. This money was going somewhere. And after

508
00:29:31,490 --> 00:29:35,220
you've bought all your homes in London and in Switzerland,

509
00:29:35,220 --> 00:29:40,599
you know, where was it going? Well, Venezuela, drugs, Iran.

510
00:29:40,690 --> 00:29:44,980
terrorism financing all kinds of nonsense all over the world

511
00:29:44,980 --> 00:29:50,099
and you know my my opinion is that the the

512
00:29:50,099 --> 00:29:55,000
Bank of London Bank of England had you know or

513
00:29:55,000 --> 00:29:59,980
really the London Financial Center had been

514
00:30:00,000 --> 00:30:05,519
just managing this oil there for 80 years, really, going

515
00:30:05,519 --> 00:30:09,740
back to the British petroleum days. And they've always controlled

516
00:30:09,740 --> 00:30:12,880
the flow of the oil, the price of the oil,

517
00:30:13,099 --> 00:30:15,980
and it was time to stop that nonsense. I was

518
00:30:15,980 --> 00:30:19,759
actually okay with it, and I love hearing... You know,

519
00:30:19,759 --> 00:30:23,329
our gay general patent, Scott Besson, saying, well, you know,

520
00:30:23,329 --> 00:30:27,220
the Strait of Hormuz, she'll be windsurfing there because all

521
00:30:27,220 --> 00:30:31,089
the pipelines have, you know, they're already in place, but

522
00:30:31,089 --> 00:30:34,549
they were in place, but they're all now being expedited

523
00:30:34,549 --> 00:30:37,309
to transport a lot more. And it's just not going

524
00:30:37,309 --> 00:30:40,279
to matter. And it won't be ours, per se. But

525
00:30:40,279 --> 00:30:44,880
it will be our quote-unquote new friends, Saudi Arabia, UAE,

526
00:30:45,019 --> 00:30:49,660
UAE now no longer in OPEC. So I think that's,

527
00:30:49,660 --> 00:30:53,740
I mean, to me... I'm pretty sure he didn't mean

528
00:30:53,740 --> 00:30:57,890
for it to last for six months. That was very

529
00:30:57,890 --> 00:31:02,539
short-sighted. But I don't think he cares, Jason. I don't

530
00:31:02,539 --> 00:31:05,069
think he cares about the midterms. I don't think he

531
00:31:05,069 --> 00:31:07,539
gives a crap about it. He wants steel production in

532
00:31:07,539 --> 00:31:11,259
America, and he wants... oil to not be controlled really

533
00:31:11,259 --> 00:31:13,339
by anybody as long as we have enough of it

534
00:31:13,339 --> 00:31:17,180
for ourselves. That's what I think his plan was. Yeah.

535
00:31:17,299 --> 00:31:19,430
And so he was told by a lot of the

536
00:31:19,430 --> 00:31:21,950
cabinet, hey, don't do this. Let's just keep doing the

537
00:31:21,950 --> 00:31:24,660
strategic bombing thing. But he went for it. It was

538
00:31:24,660 --> 00:31:28,000
a gamble. And I think you're correct. He thought, hey,

539
00:31:28,000 --> 00:31:31,190
Venezuela took three days. What's the max? This could take

540
00:31:31,190 --> 00:31:33,240
30. I can get this done. We have the greatest

541
00:31:33,240 --> 00:31:35,740
military of all time, but he hasn't gotten it done.

542
00:31:35,740 --> 00:31:37,660
And I think that's going to be the challenge because

543
00:31:37,660 --> 00:31:39,740
I think, you know, you're going to lose. I think

544
00:31:39,740 --> 00:31:42,329
the Republicans are going to lose this, you know, house

545
00:31:42,329 --> 00:31:44,230
or maybe the Senate. It's, you know, kind of a

546
00:31:44,230 --> 00:31:46,940
jump ball with the Senate. Maybe they deserve to lose.

547
00:31:47,559 --> 00:31:49,789
Maybe. You think starting a war after you told everybody

548
00:31:49,789 --> 00:31:52,299
you wouldn't. That's the problem. The problem is now the

549
00:31:52,299 --> 00:31:55,160
entire, all the people who are as big as supporters,

550
00:31:55,160 --> 00:31:57,500
I'm just watching them all go, you know what? I

551
00:31:57,500 --> 00:31:59,819
didn't want this. I didn't want a war. You told

552
00:31:59,819 --> 00:32:03,299
me no war. And now you can't control inflation because

553
00:32:03,299 --> 00:32:05,710
if you start a war… inflation is going to go

554
00:32:05,710 --> 00:32:07,539
up. It's going to be permanent. It's going to be

555
00:32:07,539 --> 00:32:11,210
persistent. And that's, I think, the big challenge is the

556
00:32:11,210 --> 00:32:13,450
two promises he made. I'm going to not do any

557
00:32:13,450 --> 00:32:17,710
wars and I'm going to control inflation. Both of those,

558
00:32:17,710 --> 00:32:21,740
he can't solve them now. I think there are... unsolvable

559
00:32:21,740 --> 00:32:24,349
in the rest of his presidency. We'll see. 26 months,

560
00:32:24,349 --> 00:32:27,980
27 months left. Again, I don't think he cares. I

561
00:32:27,980 --> 00:32:32,299
really don't. The ultimate goal was he's not getting reelected.

562
00:32:32,599 --> 00:32:35,980
He wants to fix something very structural. That's my opinion.

563
00:32:36,460 --> 00:32:42,180
And now you have this Operation Economic Outcast which means

564
00:32:42,180 --> 00:32:46,139
for the first time a Treasury secretary is going to

565
00:32:46,139 --> 00:32:51,660
turn off the money tap for countries that are essentially

566
00:32:51,660 --> 00:32:56,569
taking, you know, laundering Iranian oil money to wherever it

567
00:32:56,569 --> 00:32:59,029
has to go. I actually got a clip here from,

568
00:32:59,029 --> 00:33:02,230
what is this? This is Kyle Bass. I think he

569
00:33:02,230 --> 00:33:05,299
might have been on CNBC. He was talking about China.

570
00:33:05,619 --> 00:33:08,829
So how does China react to this? Yeah, I mean,

571
00:33:08,829 --> 00:33:12,160
your supposition is correct. China buys almost all of Iran's

572
00:33:12,160 --> 00:33:16,470
oil, 90 percent plus. It's about 15 percent of what

573
00:33:16,470 --> 00:33:20,450
China imports daily for its energy needs. And so, look,

574
00:33:20,450 --> 00:33:24,039
the way that this works is the Iranians sell oil

575
00:33:24,039 --> 00:33:27,849
to China at RMB. And then cash houses in the

576
00:33:27,849 --> 00:33:31,799
UAE have been the ones changing the RMB for dollars.

577
00:33:31,930 --> 00:33:34,740
for the Chinese. So if you saw last week, the

578
00:33:34,740 --> 00:33:36,380
UAE came out and said they're going to cut Iran

579
00:33:36,380 --> 00:33:38,480
off. I know it took the UAE a while and

580
00:33:38,480 --> 00:33:42,000
many attacks to realize that they should cut Iran off.

581
00:33:42,000 --> 00:33:45,119
But I think you're going to see Treasury Secretary Besant

582
00:33:45,119 --> 00:33:48,829
and his sanctions team headed up by Gene Lang. You're

583
00:33:48,829 --> 00:33:52,769
going to see them make a they're going to make

584
00:33:52,769 --> 00:33:55,410
an example of a bad bank this Friday. So I

585
00:33:55,410 --> 00:33:58,019
think you're going to see Iran only has about 30

586
00:33:58,019 --> 00:34:00,849
million barrels of oil left on the water. These enhanced

587
00:34:00,849 --> 00:34:05,519
sanctions will absolutely strangle Iran. The people that say that

588
00:34:05,519 --> 00:34:08,860
they need Iran's cooperation or we're not going to go

589
00:34:08,860 --> 00:34:10,719
after China, they don't know what they're talking about. I

590
00:34:10,719 --> 00:34:14,039
think you're going to to see some real, let's say,

591
00:34:14,039 --> 00:34:19,260
constriction of our sanctions on Iran and then on China.

592
00:34:22,400 --> 00:34:27,139
Yeah. RMB. Somebody asked in the troll room, what's RMB?

593
00:34:27,260 --> 00:34:30,099
That's the Chinese dollar. They set it typically at eight

594
00:34:30,099 --> 00:34:33,380
per US dollar and they control it. And if you

595
00:34:33,380 --> 00:34:36,199
have RMB, you cannot get it out of the country.

596
00:34:36,300 --> 00:34:39,619
Chinese citizens are allowed to take 50K out. But sometimes

597
00:34:39,619 --> 00:34:42,329
they get a thumb drive and they put Bitcoin on

598
00:34:42,329 --> 00:34:45,000
it or Zcash and they get it out. You know,

599
00:34:45,000 --> 00:34:49,460
this is the thing I'm concerned about is the contagion

600
00:34:49,460 --> 00:34:52,199
of this war and how long it's going to take.

601
00:34:52,300 --> 00:34:56,400
And now China and Russia are looking at this going,

602
00:34:56,400 --> 00:35:00,570
hmm, what? They can't fight two wars, certainly can't fight

603
00:35:00,570 --> 00:35:04,380
on three fronts. And to your point, what is Trump's

604
00:35:04,380 --> 00:35:08,690
motivation here? He keeps saying the war's over, he solved

605
00:35:08,690 --> 00:35:12,029
it, etc. Said he would solve Ukraine, and I think

606
00:35:12,029 --> 00:35:14,579
people just don't believe him anymore. And so I don't

607
00:35:14,579 --> 00:35:16,460
think he's going to get it done. I don't think

608
00:35:16,460 --> 00:35:20,380
he's going to get it done. Ukraine is... He's completely

609
00:35:20,380 --> 00:35:25,300
given up on that. And I think selfishly, he's like,

610
00:35:25,360 --> 00:35:28,260
well, you know, everyone's moved up to 5% now. We'll

611
00:35:28,260 --> 00:35:30,949
just sell all the missiles. And, you know, we're making

612
00:35:30,949 --> 00:35:34,440
out like bandits. There's no... You can't talk to these

613
00:35:34,440 --> 00:35:39,500
people in Europe. They're insane. The, you know, the UK...

614
00:35:39,710 --> 00:35:43,720
Germany, the Netherlands, France, they're nuts. They are in a

615
00:35:43,720 --> 00:35:47,630
war mindset. That's all they care about. From what I

616
00:35:47,630 --> 00:35:51,659
can see, they're just going to keep going until everyone

617
00:35:51,659 --> 00:35:54,279
in Ukraine is dead. There's already no men. They're just,

618
00:35:54,279 --> 00:35:57,840
you know... They're rousting them on the street if you're

619
00:35:57,840 --> 00:36:03,059
walking around. I read today the average lifespan of a

620
00:36:03,059 --> 00:36:08,179
new recruit on the front lines is like 30 minutes,

621
00:36:08,179 --> 00:36:12,699
and they're dead. they're emptying out the entire country. And

622
00:36:12,699 --> 00:36:15,519
the Europeans, the people in Europe, they're like, I don't

623
00:36:15,519 --> 00:36:18,320
even know there's a war. No one's walking around worried

624
00:36:18,320 --> 00:36:22,119
about it. And on the other side, Putin was supposed

625
00:36:22,119 --> 00:36:24,369
to go right to Kiev I think I'm supposed to

626
00:36:24,369 --> 00:36:26,300
pronounce it. Kiev, not Kiev? Kiev, no, you got to

627
00:36:26,300 --> 00:36:28,619
say Kiev. Come on, yeah. I mean, I don't know.

628
00:36:28,720 --> 00:36:32,070
Kiev, Kiev, Kiev. On this show. We say Kiev? Chicken

629
00:36:32,070 --> 00:36:34,460
Kiev. I mean, I don't know. Chicken Kiev. Chicken Kiev.

630
00:36:34,720 --> 00:36:38,300
Kiev, that's with the cheese and the sauce. Anyway, they...

631
00:36:38,409 --> 00:36:40,389
We're supposed to roll in there in three days. What

632
00:36:40,389 --> 00:36:43,050
happened? His tanks are all rusted, and then he's got

633
00:36:43,050 --> 00:36:45,139
to go recruit people from North Korea to be on

634
00:36:45,139 --> 00:36:48,500
the front lines. Ah, you watch too much M5M, Jason.

635
00:36:49,019 --> 00:36:52,059
You're watching way too much. You think I'm getting bad

636
00:36:52,059 --> 00:36:58,539
information? This is—the other thing that, you know, obviously plays

637
00:36:58,539 --> 00:37:02,090
into this is China wants— Taiwan, they want those fabs,

638
00:37:02,090 --> 00:37:05,039
and this is just going to embolden them to start

639
00:37:05,039 --> 00:37:08,289
making their move. They're going to take them. But they're

640
00:37:08,289 --> 00:37:12,220
not going to stop producing. This is the thing. We

641
00:37:12,220 --> 00:37:15,760
are China's number one customer. They're not going to go

642
00:37:15,760 --> 00:37:18,639
to war with us. Who's going to buy their junk?

643
00:37:18,800 --> 00:37:22,320
It's only us right now. So, you know, we're trying

644
00:37:22,320 --> 00:37:25,710
to onshore chip fabrication. You know, that takes a long

645
00:37:25,710 --> 00:37:32,739
time. So we'll never catch up to, was it? TSMC.

646
00:37:32,820 --> 00:37:36,150
Yeah, TSMC. We'll never catch up to that. But what,

647
00:37:36,150 --> 00:37:38,840
China's not going to sell the chips to us if

648
00:37:38,840 --> 00:37:43,559
they take over Taiwan? Really? What's going to happen? I

649
00:37:43,559 --> 00:37:45,710
mean, I have some inside information on this from, you

650
00:37:45,710 --> 00:37:47,699
know, boots on the ground kind of thing. And the

651
00:37:47,699 --> 00:37:50,579
plan is to, when they make their move, to get

652
00:37:50,579 --> 00:37:54,320
all the scientists out there who manage those fabs. And

653
00:37:54,320 --> 00:37:57,230
those fabs are built by a company in one of

654
00:37:57,230 --> 00:38:02,119
the Nordics, those really refined fabs. And then they're going

655
00:38:02,119 --> 00:38:05,360
to either burn the fabs. or move them out on

656
00:38:05,360 --> 00:38:09,039
carriers. And think about that. They are going to burn

657
00:38:09,039 --> 00:38:12,389
the bridges. That's the inside line, is that they will

658
00:38:12,389 --> 00:38:16,840
never let China have those fabs. But Elon's building a

659
00:38:16,840 --> 00:38:22,340
TerraFab. TerraFab, TerraFab. That's the real deal, by the way.

660
00:38:22,440 --> 00:38:24,260
It's the real deal. How about the data centers in

661
00:38:24,260 --> 00:38:28,110
space? Real deal? Real deal? Uh, yes, but three years

662
00:38:28,110 --> 00:38:30,889
out. So here's the thing. Um, if you can put

663
00:38:30,889 --> 00:38:36,159
those, um, putting the star links up, um, the difference

664
00:38:36,159 --> 00:38:38,949
between a star link and these new ones. They're a

665
00:38:38,949 --> 00:38:41,639
little bigger, but they'll be able to communicate between each

666
00:38:41,639 --> 00:38:45,130
other. And they're going to be bigger, but the new

667
00:38:45,130 --> 00:38:48,559
Starship is bigger. So proportionally, they should be able to

668
00:38:48,559 --> 00:38:52,420
manage it. But it's like Elon is right. The joke

669
00:38:52,420 --> 00:38:57,050
we have is Elon's always right. He's just always late

670
00:38:57,050 --> 00:39:00,260
too. He's like, whatever he says, if he says two

671
00:39:00,260 --> 00:39:02,239
years, it's four. If he says it's three years, it's

672
00:39:02,239 --> 00:39:05,429
six, right? Just, he's very ambitious. And that's a technique

673
00:39:05,429 --> 00:39:07,599
he uses with his team. But the thing you'll see

674
00:39:07,599 --> 00:39:12,820
before data centers in space is data centers in space.

675
00:39:12,949 --> 00:39:17,659
suit in big box retail locations and data centers, um,

676
00:39:17,659 --> 00:39:20,170
in planned communities. So imagine you got one of these

677
00:39:20,170 --> 00:39:22,800
planned communities in the hill country and you tell everybody,

678
00:39:22,800 --> 00:39:25,440
Hey, I'm going to put a battery pack there. You

679
00:39:25,440 --> 00:39:27,820
get the battery pack for free. Um, and then you,

680
00:39:27,820 --> 00:39:30,349
you have battery backup for when we lose power here,

681
00:39:30,349 --> 00:39:34,860
which happens every January for two weeks, apparently. Um, then

682
00:39:34,860 --> 00:39:37,579
they say the price, the only price you got to

683
00:39:37,579 --> 00:39:39,840
pay is we're going to put some H100, some H200,

684
00:39:40,199 --> 00:39:43,690
some Vera Wang, whatever chips in that battery and then

685
00:39:43,690 --> 00:39:46,869
connect them Buy five or whatever. And you distribute it

686
00:39:46,869 --> 00:39:50,630
like that. And then take big box stores, your Walmarts,

687
00:39:50,630 --> 00:39:52,820
your targets. I think that's fantastic. They have tons of

688
00:39:52,820 --> 00:39:56,019
energy. I think it's fantastic because when all this stuff

689
00:39:56,019 --> 00:39:59,619
crumbles, we'll all be mining Bitcoin at home. It's going

690
00:39:59,619 --> 00:39:59,980
to be great.

691
00:40:00,000 --> 00:40:03,559
I have a question for you. Okay, here we go.

692
00:40:04,159 --> 00:40:10,079
The president had his crypto summit, which in essence was

693
00:40:10,079 --> 00:40:15,300
meant to tell everybody, hey, we need the Clarity Act

694
00:40:15,300 --> 00:40:18,599
so we can finally... get those stable coins out there

695
00:40:18,599 --> 00:40:21,989
so we can tokenize the United States debt. But there

696
00:40:21,989 --> 00:40:24,980
was something in here, and I had not heard this

697
00:40:24,980 --> 00:40:28,679
before, and they heard it again just two days ago.

698
00:40:28,880 --> 00:40:31,119
It's at the end of—hold on, let me actually speed

699
00:40:31,119 --> 00:40:33,219
this up a little bit here. I'll pick it up

700
00:40:33,219 --> 00:40:37,000
here. Kind of. And I never want to underestimate China,

701
00:40:37,000 --> 00:40:39,059
but right now we're way ahead. President Xi is coming

702
00:40:39,059 --> 00:40:42,019
on September 24th. We look forward to it. We'll probably

703
00:40:42,019 --> 00:40:44,539
be talking about AI and a lot of other things,

704
00:40:44,539 --> 00:40:48,329
but we're doing tremendously well, largely because of people and

705
00:40:48,329 --> 00:40:51,280
some other friends of ours that are on the board.

706
00:40:51,969 --> 00:40:54,619
And they'll be here in two weeks. Now listen to

707
00:40:54,619 --> 00:40:58,500
this. In May, Chairman Selleck authorized the first ever true

708
00:40:58,500 --> 00:41:05,139
Bitcoin perpetual futures contract on a CFTC registered exchange. First

709
00:41:05,139 --> 00:41:09,300
time. I understand that Mike is also working to bring.

710
00:41:09,320 --> 00:41:13,070
Hyper liquid into the United States in a fully compliant

711
00:41:13,070 --> 00:41:17,280
and legal fashion. So I heard, I'm like hyper liquid,

712
00:41:17,280 --> 00:41:20,329
what is this? And I heard it again just a

713
00:41:20,329 --> 00:41:23,329
couple days ago. And so I take a look at

714
00:41:23,329 --> 00:41:27,059
it. And I had to learn what perps were. Are

715
00:41:27,059 --> 00:41:29,900
you familiar with perps? I don't know perps. I mean,

716
00:41:29,900 --> 00:41:33,300
I know all about stablecoins and Tether and USDC. I

717
00:41:33,300 --> 00:41:37,760
know that space. So perps is perpetuity. So there's these

718
00:41:37,760 --> 00:41:42,480
exchanges. Hyperliquid is, I think, run out of Singapore. by

719
00:41:42,480 --> 00:41:48,059
some Harvard kid. And you can trade... It's a bit

720
00:41:48,059 --> 00:41:55,840
like... What's the... The gambling market sites. Oh, like you're

721
00:41:55,840 --> 00:41:59,690
talking about Calci and Polymarket. It's a bit like prediction

722
00:41:59,690 --> 00:42:07,409
markets, only you're trading futures that never expire. But there's

723
00:42:07,409 --> 00:42:12,829
$15 billion a day being traded on this hyperliquid in

724
00:42:12,829 --> 00:42:17,099
oil futures. No one gets delivery of the oil either

725
00:42:17,099 --> 00:42:20,860
today. Win or you lose, basically. It's like sports gambling.

726
00:42:21,019 --> 00:42:23,280
You're gambling on the price of oil in the future.

727
00:42:23,380 --> 00:42:28,380
Yeah, but because it's a 24-7 exchange, it's setting the

728
00:42:28,380 --> 00:42:33,519
price. That's why Trump wants it in the US, regulated,

729
00:42:33,519 --> 00:42:36,960
which I doubt will ever happen, because they're setting the

730
00:42:36,960 --> 00:42:40,619
price. And then when the markets open Monday morning, people

731
00:42:40,619 --> 00:42:44,119
are like, well, this is the price. Yeah, this is

732
00:42:44,119 --> 00:42:47,480
a this is a very different world we're going into.

733
00:42:47,480 --> 00:42:50,559
I don't think people realize that these perps, as they're

734
00:42:50,559 --> 00:42:52,739
called, this is a big deal that is just not

735
00:42:52,739 --> 00:42:56,869
well understood or being discussed. Yeah. And the stable coins

736
00:42:56,869 --> 00:42:59,139
are the other kind of big part of the story.

737
00:42:59,480 --> 00:43:02,130
You know, they have always been offshore and they would

738
00:43:02,130 --> 00:43:06,000
keep like Tether. If you look into that company offshore,

739
00:43:06,090 --> 00:43:10,489
Very strange holdings in it. They're supposed to hold dollar

740
00:43:10,489 --> 00:43:12,519
for dollar. And what Trump did, that was very smart.

741
00:43:13,320 --> 00:43:15,079
You know, and I always try to give him credit

742
00:43:15,079 --> 00:43:19,699
for when he does something correctly. The stable coins, getting...

743
00:43:19,800 --> 00:43:23,659
those to be back dollar for dollar with our treasuries.

744
00:43:23,940 --> 00:43:28,760
I think it's genius. It's pure genius because now he

745
00:43:28,760 --> 00:43:31,519
can say, hey, listen, Tether, if you want to work

746
00:43:31,519 --> 00:43:35,309
in America, instead of buying Chinese paper, they were buying

747
00:43:35,309 --> 00:43:38,630
Chinese real estate paper, according to all these reports. They

748
00:43:38,630 --> 00:43:42,989
couldn't do an audit because... They would fail. They would

749
00:43:42,989 --> 00:43:47,880
fail, basically. And... Then they said, okay, well, Circle, run

750
00:43:47,880 --> 00:43:50,909
by Jeremy Allaire, who you probably have known through like

751
00:43:50,909 --> 00:43:54,309
three or four internet companies. Yeah, what was his previous

752
00:43:54,309 --> 00:43:56,820
company? I'm trying to remember the other two. There was

753
00:43:56,820 --> 00:43:58,920
one that was the video serving company, and the one

754
00:43:58,920 --> 00:44:02,639
before that was Coalfusion, the web publisher. Yeah, yeah. We're

755
00:44:02,639 --> 00:44:06,300
going real old school here. Coalfusion, that was right after

756
00:44:06,300 --> 00:44:11,559
Moana. front page got bought by Microsoft. Yes. Cold fusion.

757
00:44:11,760 --> 00:44:14,000
Wow. This is back when Adam was a billionaire for

758
00:44:14,000 --> 00:44:18,000
making websites for corporations. Yeah. On paper. That didn't happen.

759
00:44:18,279 --> 00:44:21,029
On paper. Yeah. Can you imagine like people at that

760
00:44:21,029 --> 00:44:23,559
time were like, we'll give you $4 million to build

761
00:44:23,559 --> 00:44:26,150
our website. And now you can just talk to like

762
00:44:26,150 --> 00:44:29,239
any. No, it was, but with $75,000. $20,000 a month

763
00:44:29,239 --> 00:44:32,460
in maintenance. Yes, the maintenance. Yes, we're going to keep

764
00:44:32,460 --> 00:44:34,320
your server up and running. The HTML is going to

765
00:44:34,320 --> 00:44:37,039
be so crisp. And we'll give you a server log,

766
00:44:37,179 --> 00:44:39,550
and we'll calculate the hits, and we'll tell you you're

767
00:44:39,550 --> 00:44:41,820
doing great. Absolutely. Yeah. You're doing, yes. Big pat on

768
00:44:41,820 --> 00:44:43,289
the back. It's going to change everything. And it did

769
00:44:43,289 --> 00:44:45,940
change everything, but now you can get Squarespace, or you

770
00:44:45,940 --> 00:44:50,099
can do it with Wix. Unclock code. Wix, yeah. Wix

771
00:44:50,099 --> 00:44:54,110
for $6 a month. Same website. Better website, arguably. And

772
00:44:54,110 --> 00:44:59,159
so this stablecoin is now making people buy treasuries dollar

773
00:44:59,159 --> 00:45:03,039
for dollar. And that is just such a masterstroke. And

774
00:45:03,039 --> 00:45:06,739
that's all part of this. And that's what this long-term

775
00:45:06,739 --> 00:45:10,769
paper buying is all about because Besant takes the 30

776
00:45:10,769 --> 00:45:14,090
years off the market, and then he's putting these T-bills

777
00:45:14,090 --> 00:45:17,099
up, which for Wall Street are cash, 90 days. And

778
00:45:17,099 --> 00:45:18,940
who's going to buy that is going to be those

779
00:45:18,940 --> 00:45:22,980
guys. It's going to be Tether and Circle. Yeah, and

780
00:45:22,980 --> 00:45:25,130
so it's just another way to kick the can down

781
00:45:25,130 --> 00:45:28,340
the road with our... Oh, yeah. It's for our great-grandkids.

782
00:45:28,340 --> 00:45:30,050
With our debt. Oh, no, no. It's not going to

783
00:45:30,050 --> 00:45:32,820
work long-term, but for now, it's a pretty good idea.

784
00:45:32,820 --> 00:45:36,119
What other choice do we... Well, of course, there's the

785
00:45:36,119 --> 00:45:41,110
tariffs, and this is... The president has such a hard-on

786
00:45:41,110 --> 00:45:45,220
for the... He loves tariffs. And it's interesting because, you

787
00:45:45,220 --> 00:45:50,349
know... He had those initial tariffs under some emergency declaration

788
00:45:50,349 --> 00:45:54,099
thing, but he's pulling out tariffs that have been on

789
00:45:54,099 --> 00:46:02,269
the books since 1929, 1940, 1890s, all perfectly legal. And

790
00:46:02,269 --> 00:46:06,139
with good reason. He truly believes, and this is Besson

791
00:46:06,139 --> 00:46:11,599
too, that with tariffs, we can grow our way out

792
00:46:11,599 --> 00:46:13,980
of our debt. And we won't even pay income tax

793
00:46:13,980 --> 00:46:18,279
anymore. So it's a great idea. And this is... Poorly

794
00:46:18,279 --> 00:46:22,010
executed. That's the problem. Well, and this is what the

795
00:46:22,010 --> 00:46:24,360
deal with Canada, because I was trying to figure out,

796
00:46:24,380 --> 00:46:27,900
what is the problem? You know, I actually have, what's

797
00:46:27,900 --> 00:46:33,679
her name? The woman who... who is now the advisor

798
00:46:33,679 --> 00:46:37,510
to Ukraine. But I caught this clip from, I don't

799
00:46:37,510 --> 00:46:43,050
know where it was from, but this explains why... You

800
00:46:43,050 --> 00:46:46,320
know, the final straw that broke the camel's back with

801
00:46:46,320 --> 00:46:49,119
the Canada trade deal. And now we're going to really

802
00:46:49,119 --> 00:46:52,059
squeeze the IRGC here and cut the blood flow off

803
00:46:52,059 --> 00:46:55,500
to the tumor. Well, as we've seen in sub-Sahara Africa,

804
00:46:55,500 --> 00:46:58,239
all it takes is some warlords with a little money

805
00:46:58,239 --> 00:47:01,769
just to keep the chaos going. In the meantime, you

806
00:47:01,769 --> 00:47:06,869
have President Trump. suggesting that reportedly he may do another

807
00:47:06,869 --> 00:47:10,279
round of tariffs on China up to 7.5% all ahead

808
00:47:10,279 --> 00:47:14,239
of Xi Jinping's meeting. How crucial is this meeting? And

809
00:47:14,239 --> 00:47:17,210
especially given the fact that we just saw trade talks

810
00:47:17,210 --> 00:47:21,250
with Canada, high level, didn't go anywhere. In fact, it

811
00:47:21,250 --> 00:47:25,000
made things worse, not better. Yeah, look, on Canada, Canada

812
00:47:25,000 --> 00:47:28,340
just wants to keep its right to transship Chinese goods

813
00:47:28,340 --> 00:47:30,389
into America. They make a lot of money on those

814
00:47:30,389 --> 00:47:34,029
transshipments. So Canada's got to get its act together. There

815
00:47:34,029 --> 00:47:37,000
it is. Canada was just passing, you know, like, oh,

816
00:47:37,000 --> 00:47:38,949
we'll take the stuff and you won't have to pay

817
00:47:38,949 --> 00:47:41,320
any tariffs because we got low tariffs with America. And

818
00:47:41,320 --> 00:47:43,769
we'll just sell that stuff in through us. That's what

819
00:47:43,769 --> 00:47:48,429
was going on. Yeah, he had the right idea, but

820
00:47:48,429 --> 00:47:51,800
the chaotic execution of the tariffs then led to them

821
00:47:51,800 --> 00:47:54,279
being, you know, some portion of them being overturned. It's

822
00:47:54,279 --> 00:47:57,070
kind of like the immigration stuff. Not to pivot the

823
00:47:57,070 --> 00:48:00,519
discussion, but, you know, closing the border, everybody wanted that.

824
00:48:01,119 --> 00:48:04,019
Chasing people down in the streets, you know, with masked

825
00:48:04,019 --> 00:48:06,900
men with no badges. People didn't want that. You have

826
00:48:06,900 --> 00:48:10,829
to execute these things correctly. And that's always the challenge

827
00:48:10,829 --> 00:48:14,340
with Trump is like the chaotic execution or having people

828
00:48:14,449 --> 00:48:16,139
who are just not qualified or just not good at

829
00:48:16,139 --> 00:48:19,440
executing, right? You hire somebody for the loyalty and they're

830
00:48:19,440 --> 00:48:22,380
not good at executing. They close the border perfectly, but

831
00:48:22,380 --> 00:48:24,380
you got to do the other pieces. He's working on

832
00:48:24,380 --> 00:48:27,610
the marketing. He's working on making it not just about

833
00:48:27,610 --> 00:48:31,269
brown people. Music. And good evening. We begin with that

834
00:48:31,269 --> 00:48:34,500
breaking news late today. The Department of Homeland Security arresting

835
00:48:34,500 --> 00:48:39,380
right-wing commentator Milo Yiannopoulos. This was so awesome. So great.

836
00:48:39,639 --> 00:48:42,489
This is so loud. The 41-year-old and early supporter of

837
00:48:42,489 --> 00:48:46,960
President Trump's 2016 campaign is now in ICE custody. DHS

838
00:48:46,960 --> 00:48:49,920
releasing this photo of him and that quote calling him

839
00:48:49,920 --> 00:48:53,980
an illegal accuser. alien who chose to overstay his welcome.

840
00:48:54,539 --> 00:48:58,320
Yiannopoulos, who has backed President Trump's broader immigration crackdown, also

841
00:48:58,320 --> 00:49:01,279
recently broke with the president, posting on X that Trump

842
00:49:01,279 --> 00:49:05,000
had, quote, lost his way. Chief Whitehouse correspondent. Anyway, I

843
00:49:05,000 --> 00:49:08,289
just thought that was funny. That was on my dogged

844
00:49:08,289 --> 00:49:12,500
as well. I knew Milo Yiannopoulos, because we're both Greek,

845
00:49:12,639 --> 00:49:17,739
Alicanos Yiannopoulos, when he was a legit... journalist in the

846
00:49:17,739 --> 00:49:20,269
UK and he got into the blogging thing. He saw

847
00:49:20,269 --> 00:49:22,079
what I was doing at Weblogs Inc. He saw what

848
00:49:22,079 --> 00:49:23,929
Nick Denton was doing. Yeah, didn't he have a tech

849
00:49:23,929 --> 00:49:26,610
blog or something? Yeah, and he started his own little

850
00:49:26,610 --> 00:49:29,029
blog network, hired a couple of our bloggers then didn't

851
00:49:29,029 --> 00:49:30,840
pay them, according to them, I don't know, who knows,

852
00:49:30,900 --> 00:49:33,110
this was 20 years ago. But then he comes and

853
00:49:33,110 --> 00:49:36,220
he does this whole Trump thing. He calls the Trump

854
00:49:36,480 --> 00:49:40,059
win early. He got on that train early. But then

855
00:49:40,059 --> 00:49:42,630
he's been, for the last couple of years, just talking

856
00:49:42,630 --> 00:49:46,519
about that he wants to masturbate to people being deported.

857
00:49:46,519 --> 00:49:51,029
And then they literally pick him up at the airport.

858
00:49:51,029 --> 00:49:55,579
But I've got to be honest. I have a nuanced...

859
00:49:55,789 --> 00:49:58,559
view of immigration. Number one, you got to close the

860
00:49:58,559 --> 00:49:59,980
border. Okay. I think we all agree on that.

861
00:50:00,010 --> 00:50:02,900
Not nuance there, 90% agreement. I think you've got to

862
00:50:02,900 --> 00:50:04,679
have like a path for amnesty for people who've been

863
00:50:04,679 --> 00:50:07,030
here for 20 years, because frankly, we waive them in

864
00:50:07,030 --> 00:50:09,000
to get cheap labor, and it's like not their fault

865
00:50:09,000 --> 00:50:11,579
that we use them for 20 years. But then there's

866
00:50:11,579 --> 00:50:15,070
this other piece, which is... Just people cheating. And Milo

867
00:50:15,070 --> 00:50:18,820
is basically cheating. And if he's cheating and he's here

868
00:50:18,820 --> 00:50:22,739
and it's an expired visa, whatever it is— And they

869
00:50:22,739 --> 00:50:25,179
pick you up at the airport. Well, number one, you

870
00:50:25,179 --> 00:50:27,949
went to the airport with an expired visa. You're supposed

871
00:50:27,949 --> 00:50:29,880
to get picked up and kicked out. If you go

872
00:50:29,880 --> 00:50:32,239
to Japan, if you go to Saudi, if you go

873
00:50:32,239 --> 00:50:34,860
to Dubai, you go to any of these places, London,

874
00:50:34,860 --> 00:50:37,809
I think today, not previously, and you have an expired

875
00:50:37,809 --> 00:50:40,780
visa, there's no discussion. You get back on the plane,

876
00:50:40,780 --> 00:50:43,340
they send you home. That's how it's supposed to work.

877
00:50:43,559 --> 00:50:47,369
And you... You have to do this properly. Again, execution

878
00:50:47,369 --> 00:50:52,079
matters so that you can actually recruit the top talent

879
00:50:52,079 --> 00:50:55,829
around the world to come become Americans. If you can

880
00:50:55,829 --> 00:51:00,889
get the top talent here, every time we recruit somebody

881
00:51:00,889 --> 00:51:05,199
on the level of you know, a CEO, an incredible

882
00:51:05,199 --> 00:51:08,320
talent, the other country loses them. And then those people

883
00:51:08,320 --> 00:51:11,079
pay massive taxes. They create tons of jobs. But the

884
00:51:11,079 --> 00:51:15,139
H-1B visa and Milo overstaying his welcome, that's the abuse

885
00:51:15,139 --> 00:51:19,300
of the system that I saw firsthand. And it's so...

886
00:51:19,400 --> 00:51:22,139
abusive that then it makes every American think, okay, we

887
00:51:22,139 --> 00:51:24,650
just got to be like, shut off every type of

888
00:51:24,650 --> 00:51:27,969
immigration. And you actually want to keep... the scientists who

889
00:51:27,969 --> 00:51:30,199
come here to get their PhDs, not send them home.

890
00:51:30,260 --> 00:51:32,510
You want to keep them here, have them start families

891
00:51:32,510 --> 00:51:35,969
here, and force them to assimilate and become part of

892
00:51:35,969 --> 00:51:38,880
the melting pot. That's the best strategy. But Trump can't

893
00:51:38,880 --> 00:51:42,230
do that because everybody thinks it's chaotic. I was actually

894
00:51:42,230 --> 00:51:45,280
glad to see Milo get picked up because he's breaking

895
00:51:45,280 --> 00:51:47,579
the rules. And there's other people who are not breaking

896
00:51:47,579 --> 00:51:49,760
the rules. And that's profoundly unfair. So when are you

897
00:51:49,760 --> 00:51:53,079
going into politics, J. Cal? Because that's the only thing

898
00:51:53,079 --> 00:51:56,449
you haven't done yet, brother. So I think this was

899
00:51:56,449 --> 00:52:00,119
Joe Kernan on CNBC. I hope this is the clip

900
00:52:00,119 --> 00:52:03,559
because he was... He's hilarious. Oh, I love that guy.

901
00:52:03,579 --> 00:52:09,500
He's a torturer. So he has Chrystia Freeland on who...

902
00:52:09,599 --> 00:52:11,909
She was the finance minister. She was... Wasn't she the

903
00:52:11,909 --> 00:52:16,800
lady that was... arresting the truckers, taking their Bitcoin away

904
00:52:16,800 --> 00:52:20,860
and closing their bank accounts. So she's now an unpaid

905
00:52:20,860 --> 00:52:24,619
consultant to Ukraine. Canada's retaliatory tariffs on the U.S. are

906
00:52:24,619 --> 00:52:26,860
set to take effect on September 8th. Joining us now,

907
00:52:26,860 --> 00:52:31,099
Chrystia Freeland, our old friend, Canada's former Deputy Prime Minister

908
00:52:31,099 --> 00:52:34,360
and Minister of Finance. She's currently the CEO of the

909
00:52:34,360 --> 00:52:36,760
Rhodes Trust. And this October, she's out with a new

910
00:52:36,760 --> 00:52:41,130
book, Unreliable Boyfriend, an insider's view of dealing with a

911
00:52:41,130 --> 00:52:47,820
chaotic superpower, plutocrats and other complicated of the Canadian economy

912
00:52:47,820 --> 00:52:51,400
too, and China and everything else. But do you know...

913
00:52:51,639 --> 00:52:55,159
What happened when the talks broke down? Because President Trump

914
00:52:55,159 --> 00:52:59,210
seemed to sort of admit that he made some last-minute

915
00:52:59,210 --> 00:53:02,710
demands that kind of scuttled the deal. Do you know

916
00:53:02,710 --> 00:53:06,909
what actually went on? I think great to be with

917
00:53:06,909 --> 00:53:10,340
you, Joe. And I think that Prime Minister Carney has

918
00:53:10,340 --> 00:53:14,559
been really clear about what happened. You know, as he

919
00:53:14,559 --> 00:53:19,269
put it, the U.S. asked too much and gave too

920
00:53:19,269 --> 00:53:24,360
little. And he said that at the last minute. extreme

921
00:53:24,360 --> 00:53:31,639
demands emerged touching on Canadian sovereignty, touching on cultural protection,

922
00:53:31,639 --> 00:53:36,579
which is, important in general and particularly important for quebec

923
00:53:36,579 --> 00:53:40,530
and for francophone canadians so and you know the thing

924
00:53:40,530 --> 00:53:42,699
that's the part i didn't really understand you know i

925
00:53:42,699 --> 00:53:45,380
heard this mention what what did he say like y'all

926
00:53:45,380 --> 00:53:47,880
got to speak english or what was the problem with

927
00:53:47,880 --> 00:53:50,630
this with the french it's a stand-up comic he's like

928
00:53:50,630 --> 00:53:53,119
he's he's up there with chappelle he knows how to

929
00:53:53,119 --> 00:53:57,230
break balls, like better than anybody. And he's like, yeah,

930
00:53:57,230 --> 00:54:00,059
you know, we'll just take, you know, one of your

931
00:54:00,059 --> 00:54:02,639
provinces, we'll make it part of the United States. I

932
00:54:02,639 --> 00:54:07,960
think the expansionism of the United States is actually, again,

933
00:54:07,960 --> 00:54:11,659
back to like execution and ideas, like it's actually one

934
00:54:11,659 --> 00:54:15,340
of his... Great ideas. If Venezuela became part of the

935
00:54:15,340 --> 00:54:19,980
United States, sounds crazy. Puerto Rico, Cuba, Greenland, whatever they

936
00:54:19,980 --> 00:54:21,829
are, if people want to join the US, if we,

937
00:54:21,829 --> 00:54:24,059
in fact, do have the best system, why shouldn't we

938
00:54:24,059 --> 00:54:26,230
be inviting people to join in and get a 51st,

939
00:54:26,230 --> 00:54:30,239
52nd state in here? Obviously, it's super polarizing and complicated.

940
00:54:30,239 --> 00:54:33,889
But I like when he's in that mode. But I

941
00:54:33,889 --> 00:54:36,510
don't know what his goal is with Kennedy here. If

942
00:54:36,510 --> 00:54:39,599
he's just, you know, trolling them and he's doing it

943
00:54:39,599 --> 00:54:42,389
for the lulls, it feels like he's just breaking their

944
00:54:42,389 --> 00:54:44,929
chops and it's entertaining for him. Well, so Kernan had

945
00:54:44,929 --> 00:54:46,820
some more stuff to say here, which I thought was

946
00:54:46,820 --> 00:54:52,179
interesting. Touching on cultural protection, which is... important in general

947
00:54:52,179 --> 00:54:57,659
and particularly important for Quebec and for Francophone Canadians. So

948
00:54:57,659 --> 00:55:00,250
and, you know, the thing I really want to say,

949
00:55:00,250 --> 00:55:03,599
Joe, is there are so many problems in the world

950
00:55:03,720 --> 00:55:07,000
China is a real problem. I'm just back from Ukraine

951
00:55:07,000 --> 00:55:10,699
late last night. Russia is a huge problem. Iran is

952
00:55:10,699 --> 00:55:15,909
a huge problem. At a time when dictatorships are on

953
00:55:15,909 --> 00:55:21,019
the march, it is absolutely nuts that, for the United

954
00:55:21,019 --> 00:55:24,220
States to be picking a fight with a country that

955
00:55:24,220 --> 00:55:27,929
has always been its really good friend. And we currently

956
00:55:27,929 --> 00:55:31,250
have a trade deal that Canada negotiated. I was the

957
00:55:31,250 --> 00:55:35,150
lead negotiator with Donald Trump himself. I think this is

958
00:55:35,150 --> 00:55:38,329
the last thing America needs. It's the last thing the

959
00:55:38,329 --> 00:55:40,400
world needs. And I think it's a real shame. Now,

960
00:55:40,400 --> 00:55:43,150
listen to this, because what Kernan's about to say here,

961
00:55:43,150 --> 00:55:46,279
it's really the last thing Canada needs. GDP growth in

962
00:55:46,279 --> 00:55:50,480
Canada over the last 10 years, you're dead last, basically,

963
00:55:50,480 --> 00:55:55,639
with OECD countries. You're at 0.5%. The United States was

964
00:55:55,639 --> 00:55:59,720
20.7%. I think we can look at this. I mean,

965
00:55:59,720 --> 00:56:03,000
dead last. And it's not just the last 10 years.

966
00:56:03,119 --> 00:56:06,699
The OECD is not going to get any better. It's

967
00:56:06,699 --> 00:56:10,519
going to get much worse. Between 2020 and 2030, you're

968
00:56:10,519 --> 00:56:14,440
dead last projected to be out of the OECD's 38

969
00:56:14,440 --> 00:56:19,460
members tied with Italy at 46% below the OECD average.

970
00:56:19,460 --> 00:56:22,840
And then the next 30 years after that, dead last

971
00:56:22,840 --> 00:56:26,510
again. What went wrong? I mean, you know the inner

972
00:56:26,510 --> 00:56:31,619
workings of Canada. Is it regulation? Is it permitting? Is

973
00:56:31,619 --> 00:56:34,980
it high taxes? The Canadian people deserve to have a

974
00:56:34,980 --> 00:56:38,010
better standard of living. It shouldn't be going down over

975
00:56:38,010 --> 00:56:41,789
a 10-year period. So, I just before answering that question,

976
00:56:41,789 --> 00:56:43,710
which I want to do, I just want to pick

977
00:56:43,710 --> 00:56:45,940
up on something you said about China. Yeah. OK. So

978
00:56:45,940 --> 00:56:48,539
she's just going to distract from the question. But then

979
00:56:48,539 --> 00:56:52,039
there's, you know, these tariffs. You know, the president is

980
00:56:52,039 --> 00:56:55,940
all he's like he loves McKinley. President McKinley, he was

981
00:56:55,940 --> 00:56:59,279
the man. He understood tariffs. Yeah. He got, I think

982
00:56:59,279 --> 00:57:03,400
he got shot, assassinated. But he's McKinley, McKinley, McKinley. And

983
00:57:03,400 --> 00:57:05,980
then I find this little ditty of a clip, which

984
00:57:05,980 --> 00:57:10,400
when I hear this, like, holy crap. Trump is just

985
00:57:10,400 --> 00:57:14,190
replaying an old playbook. There's been this kind of slow,

986
00:57:14,190 --> 00:57:17,239
steady deterioration of relations between Canada and the United States.

987
00:57:17,480 --> 00:57:20,539
And what a week has gone by in bilateral relations.

988
00:57:20,860 --> 00:57:22,860
This guy's a loser. He's going to be a loser.

989
00:57:23,220 --> 00:57:27,900
Changing the name of Lake Ontario, effective immediately to Lake...

990
00:57:28,900 --> 00:57:31,309
I don't feel that he is the right person for

991
00:57:31,309 --> 00:57:33,779
the job. This is a man on the street. This

992
00:57:33,779 --> 00:57:36,579
is from, I think, global news. So typical, you know,

993
00:57:36,579 --> 00:57:39,529
very easy to pull these clips and only, you know,

994
00:57:39,529 --> 00:57:41,710
slant it one way. But then they come in with

995
00:57:41,710 --> 00:57:46,170
a bit of history about McKinney. It's disappointing, actually, you

996
00:57:46,170 --> 00:57:50,260
know, because it didn't used to be that way. And

997
00:57:50,260 --> 00:57:53,139
it's changed. Well, we've had tough times with the United

998
00:57:53,139 --> 00:57:56,059
States before. Obviously, they have invaded us twice, but we're

999
00:57:56,059 --> 00:57:58,639
talking, you know, over 200 years in the past. So

1000
00:57:58,639 --> 00:58:01,119
we're not at that. But as with so much in

1001
00:58:01,119 --> 00:58:05,309
life and politics, history can tend to repeat itself. Probably

1002
00:58:05,309 --> 00:58:08,480
the best example would be in 1890 when the McKinley

1003
00:58:08,480 --> 00:58:11,099
tariffs came in. So these were as high as 50

1004
00:58:11,099 --> 00:58:14,230
percent. So very similar. to what we're seeing now because

1005
00:58:14,230 --> 00:58:17,099
they wanted to annex Canada and make it the 45th

1006
00:58:17,099 --> 00:58:19,900
state. Where have I heard that before? He's running the

1007
00:58:19,900 --> 00:58:23,269
McKinley playbook. Those tariffs sent prices sky high in the

1008
00:58:23,269 --> 00:58:27,900
States while Canada sought other trading partners. Then U.S. tariffs

1009
00:58:27,900 --> 00:58:31,690
happened again in 1930 and they worsened the effects of

1010
00:58:31,690 --> 00:58:34,250
the Great Depression for both sides. Yeah, this is a

1011
00:58:34,250 --> 00:58:36,429
big deal. The timing is very critical when you want

1012
00:58:36,429 --> 00:58:39,568
to do these tariffs. And, you know, it might be

1013
00:58:39,568 --> 00:58:43,278
that the timing is the worst possible case. And this

1014
00:58:43,278 --> 00:58:46,800
is where we get into your wheelhouse because I... I

1015
00:58:46,800 --> 00:58:50,429
really enjoy the all-in pod, I think. And I can't

1016
00:58:50,429 --> 00:58:54,489
believe I called it that because I hate the word

1017
00:58:54,489 --> 00:58:56,970
pod, and I think it should be banned. And you

1018
00:58:56,970 --> 00:58:59,029
guys say it all the time on the pod, on

1019
00:58:59,029 --> 00:59:02,039
the pod, on the pod. Pod, yes. It's colloquialism. It's

1020
00:59:02,039 --> 00:59:08,659
a podcast. But... You're really on, first of all, you're

1021
00:59:08,659 --> 00:59:14,820
big fans of artificial intelligence, but I think you're calling

1022
00:59:14,820 --> 00:59:20,539
it correctly with what Anthropic and OpenAI are trying to

1023
00:59:20,539 --> 00:59:26,279
do by basically psyoping dumb government people. Yes, and regulatory

1024
00:59:26,279 --> 00:59:30,840
capture. Yeah, so that we can't run our open source

1025
00:59:30,840 --> 00:59:34,329
models anymore because, ooh, it might be dangerous and it

1026
00:59:34,329 --> 00:59:39,019
might get loose and it might attack somebody. Yeah, about

1027
00:59:39,019 --> 00:59:41,029
two years ago on the pod, I said, I think

1028
00:59:41,029 --> 00:59:42,809
there's a chance. On the pod! On the pod! On

1029
00:59:42,809 --> 00:59:44,880
the pod! Coming at you, everybody. Adam Curry on the

1030
00:59:44,880 --> 00:59:47,199
board. On the pod! On the pod! On the pod!

1031
00:59:47,199 --> 00:59:49,360
Oh, God. You don't make me break into my Adam

1032
00:59:49,360 --> 00:59:51,659
Curry person. That's okay. You go for it. I get

1033
00:59:51,659 --> 00:59:53,639
stuck in it. If I get stuck in it, I

1034
00:59:53,639 --> 00:59:55,840
can't get out. I'm just letting you know. Fair warning.

1035
00:59:56,159 --> 00:59:58,369
That's okay, Jason. I can do you too. It's no

1036
00:59:58,369 --> 00:59:59,980
problem. You can give me the lish. Yeah.

1037
01:00:00,010 --> 01:00:02,090
power of Kirsten in the morning. All right, coming at

1038
01:00:02,090 --> 01:00:04,670
you. It's Adam Curry. He was on the plane to

1039
01:00:04,670 --> 01:00:08,219
Moscow. Yeah, he's coming at you. There was so much

1040
01:00:08,219 --> 01:00:10,420
cocaine from the pilot all the way to the back.

1041
01:00:10,420 --> 01:00:12,630
Never, never, never, never on the way. Never doing the

1042
01:00:12,630 --> 01:00:18,300
cocaine in the MTV VJ days. Coming at you. But...

1043
01:00:18,300 --> 01:00:21,820
Yeah, see, that's a problem with Calacanis. Yeah, see? He

1044
01:00:21,820 --> 01:00:24,980
thinks he's got a good impersonation of us. Nah. That

1045
01:00:24,980 --> 01:00:30,610
was my Edward G. Robinson of JZRIP. But here's the

1046
01:00:30,610 --> 01:00:33,579
thing. The... I said like two years ago, I think

1047
01:00:33,579 --> 01:00:36,340
open source could run away with this because I had

1048
01:00:36,340 --> 01:00:40,639
gotten some of these early open source models and I

1049
01:00:40,639 --> 01:00:42,860
ran them locally. It's not that hard to do. And

1050
01:00:42,860 --> 01:00:45,550
it's gotten easier and easier and easier. And once you

1051
01:00:45,550 --> 01:00:50,000
start experiencing it local on your machine, you start getting

1052
01:00:50,000 --> 01:00:54,539
128 gigs, 256 gigs on a Mac Studio. whatever it

1053
01:00:54,539 --> 01:00:59,409
is you realize I can become unmetered unmetered it's the

1054
01:00:59,409 --> 01:01:01,619
same experience you and I had when you got an

1055
01:01:01,619 --> 01:01:04,519
ISD end line or a T1 you went from paying

1056
01:01:04,519 --> 01:01:07,440
no more dial up no $3 an hour no $5

1057
01:01:07,440 --> 01:01:10,579
an hour where you're watching the clock when you are

1058
01:01:10,579 --> 01:01:14,139
not watching the meter Your behavior changes. And then you

1059
01:01:14,139 --> 01:01:17,440
start really using these tools. And then I realized, like,

1060
01:01:17,440 --> 01:01:20,500
I got a harness. I started playing with Ermez, OpenClaw,

1061
01:01:20,500 --> 01:01:25,389
all these different harnesses, etc. And somebody sent me, like,

1062
01:01:25,389 --> 01:01:32,380
a BitTensor API key for them running... ZAI's GLM52. And

1063
01:01:32,380 --> 01:01:35,000
they said, here, Jake Al, this is running across like

1064
01:01:35,000 --> 01:01:38,889
a network of almost like Bitcoin servers. And, And I

1065
01:01:38,889 --> 01:01:41,780
just had it running jobs, doing like research for the

1066
01:01:41,780 --> 01:01:43,679
pods and everything, blah, blah, blah. Sorry, podcast, put a

1067
01:01:43,679 --> 01:01:46,460
nickel in the jar. So I was like, wait a

1068
01:01:46,460 --> 01:01:50,670
second. You can control your destiny. You don't have to

1069
01:01:50,670 --> 01:01:54,380
take all of your intelligence from your business, your life,

1070
01:01:54,380 --> 01:01:56,489
and give it to Anthropic and give it to Sam

1071
01:01:56,489 --> 01:01:59,619
Wallman and give it to Dario. There's like two reasons

1072
01:01:59,619 --> 01:02:03,179
to... move to local to move to open source. One,

1073
01:02:03,179 --> 01:02:08,570
AI sovereignty. They're taking all your knowledge and reinforcement learning

1074
01:02:08,570 --> 01:02:11,119
it into their system. Even though they say they're not,

1075
01:02:11,119 --> 01:02:13,840
it's BS. They're taking the outputs, they're testing it. I

1076
01:02:13,840 --> 01:02:16,860
don't believe them, nor should you. And the same thing

1077
01:02:16,860 --> 01:02:21,099
now, if you can start using these open source models,

1078
01:02:21,099 --> 01:02:24,070
and they were What would you say? 18 months, 12

1079
01:02:24,070 --> 01:02:26,340
months behind the Frontier models? Not even. And now they're

1080
01:02:26,340 --> 01:02:28,960
three? Yeah. Now they're three, I think. Six months, maybe.

1081
01:02:29,039 --> 01:02:32,340
Okay, sure. And so you and I know this. Like,

1082
01:02:32,340 --> 01:02:35,690
six months behind means... I would say right now, 90%

1083
01:02:35,690 --> 01:02:37,469
of the work I do can be done by open

1084
01:02:37,469 --> 01:02:39,699
source. And the last 10% that I would use Fable

1085
01:02:39,699 --> 01:02:41,949
for one of these things, okay, sure, you know, maybe

1086
01:02:41,949 --> 01:02:44,039
I'll do it if I absolutely have to, but you

1087
01:02:44,039 --> 01:02:47,210
can just get yourself completely off of this. And this

1088
01:02:47,210 --> 01:02:50,500
is where those two companies specifically, when they go public,

1089
01:02:50,500 --> 01:02:52,960
they're I've been talking to some of their customers. I

1090
01:02:52,960 --> 01:02:56,199
had like 11 labs. I interviewed the CEO of 11

1091
01:02:56,199 --> 01:02:58,789
labs. I got off of 11 labs. I was paying

1092
01:02:58,789 --> 01:03:01,139
300 bucks a month and now I'm running at home

1093
01:03:01,139 --> 01:03:05,139
unmetered for free. Exactly. So now you're unmetered, it's free.

1094
01:03:05,139 --> 01:03:07,340
And then they were looking at their business going, the

1095
01:03:07,340 --> 01:03:10,159
reason they have to charge you 300 is because they

1096
01:03:10,159 --> 01:03:12,980
were giving, you know, 250 of it to Claude, you

1097
01:03:12,980 --> 01:03:16,639
know, Anthropic or OpenAI. Yeah. So what they started doing

1098
01:03:16,639 --> 01:03:20,530
is 11 labs, some of these legal companies, Lagora, I

1099
01:03:20,530 --> 01:03:25,349
think is the name of it. And... What's the other

1100
01:03:25,349 --> 01:03:27,710
one? Lovable, which is like, you know, vibe coding kind

1101
01:03:27,710 --> 01:03:31,519
of software for people who are not developers. Those companies

1102
01:03:31,519 --> 01:03:35,559
are now forking open source and then building their own

1103
01:03:35,559 --> 01:03:40,739
verticalized models. So you're going to hear about verticalized SLMs,

1104
01:03:40,860 --> 01:03:44,469
verticalized small language models. Just models that can run on

1105
01:03:44,469 --> 01:03:47,199
your laptop You get these new MacBooks, you get these

1106
01:03:47,199 --> 01:03:49,800
ones with 128, you get a Mac Studio with 256,

1107
01:03:49,800 --> 01:03:52,340
you spend $6,000, $7,000, which is, by the way, half

1108
01:03:52,340 --> 01:03:54,150
of what we used to spend in the 80s on

1109
01:03:54,150 --> 01:03:56,559
computers, you know, if you were to adjust them for

1110
01:03:56,559 --> 01:04:00,539
inflation. And then these VSMLs are going to be so

1111
01:04:00,539 --> 01:04:04,469
powerful and free. It'll run on my watch. It'll run

1112
01:04:04,469 --> 01:04:07,769
on my watch, Jason. Just right on my wristwatch. It's

1113
01:04:07,769 --> 01:04:10,230
a joke, but this is, I think, the new CEO

1114
01:04:10,230 --> 01:04:14,840
of Apple. He's figured it out with... But let me...

1115
01:04:14,840 --> 01:04:16,150
Before we go down, because I don't want to be

1116
01:04:16,150 --> 01:04:19,130
too technical. Down the rabbit hole. Okay. So here's the

1117
01:04:19,130 --> 01:04:23,940
problem. Okay. Okay. In every corporate, I have a lot

1118
01:04:23,940 --> 01:04:27,440
of dude named Ben friends through the show, but some

1119
01:04:27,440 --> 01:04:30,340
of them are actual friend friends. And, you know, they

1120
01:04:30,340 --> 01:04:34,690
do IT, they do support, they even desktop support. And

1121
01:04:34,690 --> 01:04:40,079
they are at vomit scale of people coming up to

1122
01:04:40,079 --> 01:04:44,900
them and saying, okay. Hey, can't I just throw this

1123
01:04:44,900 --> 01:04:48,500
into fill in the blank, chat GPT, et cetera, et

1124
01:04:48,500 --> 01:04:52,119
cetera. And how come my spreadsheet didn't output all the

1125
01:04:52,119 --> 01:04:56,619
right numbers? There is such a lack of knowledge about

1126
01:04:56,619 --> 01:05:00,869
what these chat bots are versus what we're talking about

1127
01:05:00,869 --> 01:05:04,800
right now. It is. And add to that, this is

1128
01:05:04,800 --> 01:05:09,449
the whole, it's so crazy what is happening where you've

1129
01:05:09,449 --> 01:05:13,599
got the marketing of these money burning companies saying, oh,

1130
01:05:13,599 --> 01:05:15,420
it's so dangerous. We can't give it to you. We

1131
01:05:15,420 --> 01:05:18,800
need regulation. It's so dangerous, which is clearly, you know,

1132
01:05:18,800 --> 01:05:21,199
just to put a moat around their stuff. And now

1133
01:05:21,199 --> 01:05:25,610
people are hating it. They hate their stuff. It's like,

1134
01:05:25,610 --> 01:05:28,989
I don't even see how this moves forward at this

1135
01:05:28,989 --> 01:05:33,139
point, except with, you know, somehow everything's just got to

1136
01:05:33,139 --> 01:05:37,210
burn down to the ground because it's not working. It's

1137
01:05:37,210 --> 01:05:42,539
absolutely not working except for burning up money. And then,

1138
01:05:42,539 --> 01:05:44,650
on top of all that, and maybe you can confirm

1139
01:05:44,650 --> 01:05:48,199
this is true, that NVIDIA, are they really buying Hugging

1140
01:05:48,199 --> 01:05:51,670
Face? Yeah, they're buying Hugging Face. So they have the

1141
01:05:51,670 --> 01:05:56,119
full stack, so they don't need anybody else. Correct. Here's

1142
01:05:56,119 --> 01:05:58,690
what's going to happen. So... I can give you the

1143
01:05:58,690 --> 01:06:03,000
inside baseball. Sam Altman did this deal with NVIDIA, right?

1144
01:06:03,119 --> 01:06:06,610
Do you know him personally? He seems like a real

1145
01:06:06,610 --> 01:06:11,139
sleazeball. Okay, I know Sam for when he was doing

1146
01:06:11,139 --> 01:06:14,079
his first startup, Looped, which was like a mobile local

1147
01:06:14,079 --> 01:06:17,460
thing, which was kind of like Foursquare, you check into

1148
01:06:17,460 --> 01:06:19,750
places. And then I knew him because we were both

1149
01:06:19,750 --> 01:06:23,380
scouts for the same venture capital firm, Sequoia Capital. And

1150
01:06:23,380 --> 01:06:24,960
I've known him for a long time. He is the

1151
01:06:24,960 --> 01:06:29,029
dealmaker's dealmaker. He's the only person who ever screwed Elon

1152
01:06:29,029 --> 01:06:31,440
Musk. He's the only person who ever got over on

1153
01:06:31,440 --> 01:06:34,029
him by getting him to donate $50 million to form

1154
01:06:34,029 --> 01:06:37,710
OpenAI. There's some women who would disagree with you, but

1155
01:06:37,710 --> 01:06:41,750
I digress. Everybody goes through divorces. I think he probably,

1156
01:06:41,750 --> 01:06:45,289
I think, well, yeah, I mean, you may have cost

1157
01:06:45,289 --> 01:06:49,340
him a little bit more with Sam Altman divorce. Sam

1158
01:06:49,340 --> 01:06:53,659
is just like a Bill Gates or a Zuckerberg-type entrepreneur.

1159
01:06:53,900 --> 01:06:55,779
In other words, he has no problem screwing a partner

1160
01:06:55,779 --> 01:06:58,909
to get ahead. That's what they've done. And the great

1161
01:06:58,909 --> 01:07:01,880
irony of open source is when open source came out

1162
01:07:01,880 --> 01:07:05,869
in the early 2000s and started to hit enterprises— Everybody

1163
01:07:05,869 --> 01:07:08,389
said, well, the enterprises will never trust this because it's

1164
01:07:08,389 --> 01:07:12,099
not controlled by anybody and it's not supported. And then

1165
01:07:12,099 --> 01:07:16,529
magically, people emerged who would support it for you, host

1166
01:07:16,529 --> 01:07:20,889
it for you, and they would... report enterprises would say,

1167
01:07:20,889 --> 01:07:22,619
actually, we don't want to be locked into Oracle. We

1168
01:07:22,619 --> 01:07:24,579
don't want to be locked into Microsoft. We want to

1169
01:07:24,579 --> 01:07:27,210
have some freedom here. So that's actually a better way

1170
01:07:27,210 --> 01:07:28,789
to do it is to use an open source and

1171
01:07:28,789 --> 01:07:33,559
pair it with some support. They also bought this poolside,

1172
01:07:33,559 --> 01:07:37,519
they aqua hired them at NVIDIA. What they're going to

1173
01:07:37,519 --> 01:07:39,869
do, you're exactly correct. They're going to put a bunch

1174
01:07:39,869 --> 01:07:42,429
of NVIDIA compute on a rack. They're going to roll

1175
01:07:42,429 --> 01:07:45,550
it into your facility and say, here's your AI open

1176
01:07:45,550 --> 01:07:49,539
source. Pick whichever platform you want. We've got Nemotron. We've

1177
01:07:49,539 --> 01:07:52,389
got this one. We've got that one. Nemotron. That's what

1178
01:07:52,389 --> 01:07:56,460
they call it. It's like finding Nemotron. But they're going

1179
01:07:56,460 --> 01:07:59,720
all in on it. And now they're going to compete

1180
01:07:59,720 --> 01:08:02,470
with those two frontier models. The truth is you use

1181
01:08:02,470 --> 01:08:06,269
it for software and it's pretty dynamite for building software

1182
01:08:06,269 --> 01:08:09,789
and building systems. And so if people just only if

1183
01:08:09,789 --> 01:08:13,309
only if you know what the outcome is supposed to

1184
01:08:13,309 --> 01:08:15,860
be. Yes, you still have to be a systems thinker.

1185
01:08:16,079 --> 01:08:19,180
Yeah, you do. Now, let me just show you what

1186
01:08:19,180 --> 01:08:22,420
our... Get back to some media deconstruction here. Yes, of

1187
01:08:22,420 --> 01:08:28,590
course. To our politicians, this is... Ed Markey, I think

1188
01:08:28,590 --> 01:08:33,220
this was a primary debate. This is the level that

1189
01:08:33,220 --> 01:08:36,949
our politicians are speaking at. Senator Markey, do you personally

1190
01:08:36,949 --> 01:08:40,220
use AI platforms like Claude or ChatGPT in your work?

1191
01:08:40,760 --> 01:08:43,350
I use whatever is inside of my iPhone or my

1192
01:08:43,350 --> 01:08:47,859
iPad, whatever comes up. Whatever. Whatever's on my iPhone? I

1193
01:08:47,859 --> 01:08:52,960
don't know what companies my iPad might be using. But

1194
01:08:52,960 --> 01:08:56,640
if it does, in fact, provide me with the information,

1195
01:08:56,640 --> 01:08:59,880
which I've been asking. He doesn't even know how to

1196
01:08:59,880 --> 01:09:02,690
answer the question. No, he doesn't. I'm asking the device

1197
01:09:02,690 --> 01:09:04,899
to give to him. You're in the headlights. And, of

1198
01:09:04,899 --> 01:09:08,680
course, I'm using it. The headlights. Congressman Malton. Yes. Yes,

1199
01:09:08,680 --> 01:09:12,409
I use AI. We're very careful about how to use

1200
01:09:12,409 --> 01:09:15,789
it, to use it honestly, to use it effectively. But

1201
01:09:15,789 --> 01:09:18,779
these are tools that can help. But they're also tools

1202
01:09:18,779 --> 01:09:21,930
that need protections. And with all due respect, Senator, if

1203
01:09:21,930 --> 01:09:23,699
you don't even know what you're using on your phone

1204
01:09:23,699 --> 01:09:25,690
or your iPad, this is why we need a new

1205
01:09:25,690 --> 01:09:30,000
generation of leaders to regulate these technologies. to make sure

1206
01:09:30,000 --> 01:09:32,430
that they are safe. They are safe for families. That's

1207
01:09:32,430 --> 01:09:35,119
what I'm saying. Here we go. Here comes the regulation.

1208
01:09:35,640 --> 01:09:38,010
Oh, yeah. Well, listen. Gotta control it. Gotta control the

1209
01:09:38,010 --> 01:09:42,399
internet. Siri or it's called Claude it doesn't make any

1210
01:09:42,399 --> 01:09:46,539
difference we need to put safe we need to build

1211
01:09:46,539 --> 01:09:52,460
safeguards around it and that is what my legislation is

1212
01:09:52,460 --> 01:09:55,770
accomplishing and again we go on this issue like so

1213
01:09:55,770 --> 01:09:59,270
many others from yourself Congress on Moulton is making up

1214
01:09:59,270 --> 01:10:00,000
his record

1215
01:10:00,010 --> 01:10:02,520
and his concerns right now, I have been the leader

1216
01:10:02,520 --> 01:10:07,520
on these issues, especially on AI, because we absolutely cannot

1217
01:10:07,520 --> 01:10:11,439
have a 21st century without the safeguards which families need.

1218
01:10:12,720 --> 01:10:17,779
Oh, families! Children, children, children, children. My agenda, and I

1219
01:10:17,779 --> 01:10:23,979
in no way will allow Congressman Moritz, to denigrate the

1220
01:10:23,979 --> 01:10:26,149
work that I have done for year after year to

1221
01:10:26,149 --> 01:10:28,579
protect kids, to protect families in our country. Ding, ding,

1222
01:10:28,579 --> 01:10:30,560
ding. Ring the bell. With due respect, how are we

1223
01:10:30,560 --> 01:10:33,810
going to effectively regulate and keep big tech accountable if

1224
01:10:33,810 --> 01:10:36,640
you can't even tell the difference between big tech programs,

1225
01:10:36,680 --> 01:10:39,380
which do take very different approaches to privacy and safety?

1226
01:10:40,079 --> 01:10:41,880
But this guy doesn't know what he's talking about either.

1227
01:10:41,899 --> 01:10:43,539
None of them do. - The good ones are out

1228
01:10:43,539 --> 01:10:46,520
of business, and the good ones are actually creating jobs

1229
01:10:46,520 --> 01:10:49,300
and making cures for cancer and other things for our

1230
01:10:49,300 --> 01:10:52,979
future. - Cures for cancer. Jobs, jobs, jobs. Read the

1231
01:10:52,979 --> 01:10:56,600
Hillary. You are tired, Adam. Where's the ding, ding, ding

1232
01:10:56,600 --> 01:11:01,359
bell? And where's the jobs karma from Hillary? Jobs, jobs,

1233
01:11:01,359 --> 01:11:03,899
jobs. And think of the children. Yeah, I know. Think

1234
01:11:03,899 --> 01:11:05,539
of the children. I mean, this is where they go.

1235
01:11:06,079 --> 01:11:10,000
politicians, if they are scared by something that's empowering people

1236
01:11:10,000 --> 01:11:12,720
to be free, whether it's you being able to control

1237
01:11:12,720 --> 01:11:16,739
your ranch, your water, your energy, you know, Second Amendment,

1238
01:11:16,739 --> 01:11:18,810
whatever it is here in Texas, you know, that we

1239
01:11:18,810 --> 01:11:21,359
protect for your personal freedoms and not being reliant on

1240
01:11:21,359 --> 01:11:23,180
the government, they're going to try to take it from

1241
01:11:23,180 --> 01:11:25,210
you. They tried to take the internet from you, your

1242
01:11:25,210 --> 01:11:28,100
anonymity, your privacy. They're going to try Try to take...

1243
01:11:28,210 --> 01:11:30,100
AI away from you. And they're going to try to

1244
01:11:30,100 --> 01:11:33,380
ban you from having your own AI on your laptop

1245
01:11:33,380 --> 01:11:36,390
because it's disruptive and it's scary to them. They want

1246
01:11:36,390 --> 01:11:39,659
to control it. And anytime the government controls something, the

1247
01:11:39,659 --> 01:11:42,260
price goes up and it sucks. They kill it. That's

1248
01:11:42,260 --> 01:11:43,920
what they want to do to the internet. The internet

1249
01:11:43,920 --> 01:11:47,430
was super disruptive because they couldn't control it. And they

1250
01:11:47,430 --> 01:11:51,250
want us to put our... you know, social security numbers

1251
01:11:51,250 --> 01:11:54,310
in now they want to, um, you know, protect the

1252
01:11:54,310 --> 01:11:56,609
children. Okay. Reasonable. We want to protect kids. We got

1253
01:11:56,609 --> 01:12:00,840
it. But they, they want the anonymous internet and you

1254
01:12:00,840 --> 01:12:03,810
to be tracked on the internet. And they want to

1255
01:12:03,810 --> 01:12:07,600
track and control the, AI. And the truth is, AI

1256
01:12:07,600 --> 01:12:10,470
is a tool and it makes you superhuman if you

1257
01:12:10,470 --> 01:12:12,760
know how to use it. You become, you can get

1258
01:12:12,760 --> 01:12:15,399
three, four, five, six times as much work done if

1259
01:12:15,399 --> 01:12:18,189
you know how to use these tools. I agree. I

1260
01:12:18,189 --> 01:12:22,420
agree. It's as simple as that. My clips are cut

1261
01:12:22,420 --> 01:12:26,500
by my model. Yeah. 100% today when I was doing

1262
01:12:26,500 --> 01:12:29,449
the 3x3. No, it took you forever. It was very

1263
01:12:29,449 --> 01:12:31,699
slow. I was very disappointed. Okay, well, it's my first

1264
01:12:31,699 --> 01:12:34,619
time. Come on. Did I do as well as JCD

1265
01:12:34,619 --> 01:12:39,140
naming them at least? I had a naming convention. I've

1266
01:12:39,140 --> 01:12:42,390
heard you admonished JCD for a decade. I do miss

1267
01:12:42,390 --> 01:12:45,699
that. I do miss his misspellings. Those were good. I

1268
01:12:45,699 --> 01:12:48,159
just picked up. the second one. It's the second one.

1269
01:12:48,279 --> 01:12:52,159
Come on, Adam. Now, see? Now, everybody wants to know,

1270
01:12:52,579 --> 01:12:54,659
just to be a little lighthearted here, I'm very serious.

1271
01:12:54,960 --> 01:12:58,069
Everybody wants to know where did the impersonation of John

1272
01:12:58,069 --> 01:13:01,439
C. DeVora came from? It came from Edward G. Robinson.

1273
01:13:01,619 --> 01:13:04,479
I used to watch these, like, Old films, play the

1274
01:13:04,479 --> 01:13:07,000
clips. Is that true? Is that true? That's where I...

1275
01:13:07,000 --> 01:13:09,170
Well, I was like, John is a curmudgeon. Who else

1276
01:13:09,170 --> 01:13:12,659
is a curmudgeon? Who's always talking like, gosh, I'm pissed

1277
01:13:12,659 --> 01:13:17,060
off for whatever reason about everything. And so I... just

1278
01:13:17,060 --> 01:13:19,020
was like, oh yeah, Edward G. Robinson was the guy

1279
01:13:19,020 --> 01:13:21,380
who played all the gangsters, Little Caesar, all these kind

1280
01:13:21,380 --> 01:13:23,899
of movies. And he would be the guy who would

1281
01:13:23,899 --> 01:13:28,100
say as a gangster, Shay, Shay. And when I started

1282
01:13:28,100 --> 01:13:34,079
doing that on This Week in Tech... Leo Laporte would

1283
01:13:34,079 --> 01:13:36,239
just be like, oh, please don't torture John. And I

1284
01:13:36,239 --> 01:13:38,350
would be sometimes on with him, and then I would

1285
01:13:38,350 --> 01:13:41,600
just lean into it, and it pissed John off. Let

1286
01:13:41,600 --> 01:13:43,739
me listen. Which one do you want me to play?

1287
01:13:43,939 --> 01:13:46,279
Which one? Play the Edward G. Robinson C. from Little

1288
01:13:46,279 --> 01:13:52,500
Caesar, see? It's named correctly. Yes, yes. Yeah, see? Arnie?

1289
01:13:53,000 --> 01:13:55,489
You oughta had better sense than to hire a couple

1290
01:13:55,489 --> 01:13:59,800
of outside yaps. Especially bad shots. Come on, what is

1291
01:13:59,800 --> 01:14:07,739
it? Let's have it! Arnie? Arnie? You're through. You're through.

1292
01:14:07,739 --> 01:14:12,069
See? Now you're through. I really didn't know it came

1293
01:14:12,069 --> 01:14:17,850
from there. And John, to his credit, immediately said, Shane,

1294
01:14:17,850 --> 01:14:21,079
it's a terrible imitation, J. Kyle, because what you're doing

1295
01:14:21,079 --> 01:14:23,079
is Edward G. Robertson, and I can see through it.

1296
01:14:24,720 --> 01:14:28,029
I had seen Chappelle in his early years. It all

1297
01:14:28,029 --> 01:14:32,409
just hit me. John is like some... gangster who just

1298
01:14:32,409 --> 01:14:35,180
breaks people's balls about their latest product, tells them it's

1299
01:14:35,180 --> 01:14:38,250
terrible. And you pointed this out when you went to

1300
01:14:38,250 --> 01:14:42,699
his, his, his, you know, funeral or, you know, memorial,

1301
01:14:42,699 --> 01:14:45,140
whatever it was, that he kind of pushed the world

1302
01:14:45,140 --> 01:14:47,199
to get better. And so this is, I had seen

1303
01:14:47,199 --> 01:14:50,270
Chappelle, I was just thinking back to it, like when

1304
01:14:50,270 --> 01:14:52,329
I would do This Week in Tech, and I was

1305
01:14:52,329 --> 01:14:54,970
always like, wow, man, someday I'm going to be on

1306
01:14:54,970 --> 01:14:59,430
This Week in Tech with... you know, you or Dvorak

1307
01:14:59,430 --> 01:15:02,100
or whoever, or Leo, and I got to come on

1308
01:15:02,100 --> 01:15:05,640
a couple times, but I had seen Chappelle doing a

1309
01:15:05,640 --> 01:15:08,119
send-up to it. You can play this Chappelle clip of

1310
01:15:08,119 --> 01:15:11,159
him doing Edward G. Robinson. Sometimes I talk crazy just

1311
01:15:11,159 --> 01:15:13,859
to make myself feel better. Yo, do that. Just start

1312
01:15:13,859 --> 01:15:18,840
talking like crazy. You ever hear this voice? Bam. That's

1313
01:15:18,840 --> 01:15:22,300
how bad guys used to talk in the 40s. In

1314
01:15:22,300 --> 01:15:24,920
the old days. See, I talk like that. Not all

1315
01:15:24,920 --> 01:15:26,859
the time, but if somebody put the pressure on me,

1316
01:15:26,920 --> 01:15:30,439
fuck it, I got to cut loose. If the police

1317
01:15:30,439 --> 01:15:36,869
pull me over, I talk crazy. Son, son. Do you

1318
01:15:36,869 --> 01:15:40,189
know why we pulled you over? Nah, because I'm black,

1319
01:15:40,189 --> 01:15:44,579
see? That's right. Nah! Nah! Call me over, because I'm

1320
01:15:44,579 --> 01:15:48,760
black. That was the... And then Sean was brutal to

1321
01:15:48,760 --> 01:15:51,510
me back. How do they know I don't talk like

1322
01:15:51,510 --> 01:15:53,850
that every day? Stop talking like that. Stop talking like

1323
01:15:53,850 --> 01:15:58,000
that, Calver. That's a good point. So I would be

1324
01:15:58,000 --> 01:16:00,100
doing it to him, and then he would get me

1325
01:16:00,100 --> 01:16:02,579
because I... At times, maybe I have a little bit

1326
01:16:02,579 --> 01:16:06,699
of a lisp. You've gotten rid of that. Okay, well,

1327
01:16:06,699 --> 01:16:09,159
but in the early days, I was nervous on air,

1328
01:16:09,159 --> 01:16:11,520
and he would go, Yeah, Chasey's talking, she's going to

1329
01:16:11,520 --> 01:16:14,329
be on just because of that. Oh, yeah, Chasey's talking,

1330
01:16:14,329 --> 01:16:17,350
she's talking like this. And he's going bald. I'm like,

1331
01:16:17,350 --> 01:16:20,420
brother, you're talking about me going bald. John, you've had

1332
01:16:20,420 --> 01:16:25,279
a comb-over since 1986. Come on. It was so great.

1333
01:16:25,359 --> 01:16:26,670
But when you guys were breaking my chops on the

1334
01:16:26,670 --> 01:16:28,210
show, I always loved it. I always loved it. I

1335
01:16:28,210 --> 01:16:30,500
hit rewind. Let me hear it one more time. I

1336
01:16:30,500 --> 01:16:33,279
just, you know, I miss JCD. He was so great.

1337
01:16:33,479 --> 01:16:36,479
Such a classic. You and me both, brother. Yeah, yeah.

1338
01:16:36,659 --> 01:16:40,180
So let's talk about this episode. Because I think, again,

1339
01:16:40,180 --> 01:16:43,819
the media is so poorly informed and they're just lapping

1340
01:16:43,819 --> 01:16:48,750
everything up. The meta lawsuit... which was settled. Here's a

1341
01:16:48,750 --> 01:16:52,859
clip. Now, 30 U.S. states brought the case against Meta

1342
01:16:52,859 --> 01:16:56,140
and said that it had misled the public about the

1343
01:16:56,140 --> 01:16:59,680
harms that its platforms Instagram and Facebook posed to younger

1344
01:16:59,680 --> 01:17:02,720
users. We were only in week two of the trial

1345
01:17:02,720 --> 01:17:05,289
when news of the settlement dropped on Wednesday. And so

1346
01:17:05,289 --> 01:17:08,000
Meta has agreed with the states to pay up to

1347
01:17:08,060 --> 01:17:12,869
$18 billion in damages. Now, what's really interesting about the

1348
01:17:12,869 --> 01:17:15,149
case, though, is that Meta has said it will only

1349
01:17:15,149 --> 01:17:20,180
pay 70% of that settlement. So that's $12.7 billion. Now,

1350
01:17:20,180 --> 01:17:24,350
the remaining 30%, $5.3 billion, they said they will only

1351
01:17:24,350 --> 01:17:27,390
release it on the condition that its rivals, YouTube and

1352
01:17:27,390 --> 01:17:32,640
TikTok, also make changes to their platforms. Now, Meta has

1353
01:17:32,640 --> 01:17:35,680
said that some of the key changes it will be

1354
01:17:35,680 --> 01:17:40,659
making include a two-hour daily usage limit, nighttime blocks, the

1355
01:17:40,659 --> 01:17:45,319
ability to turn off autoplaying content, disabling extreme makeup filters,

1356
01:17:45,579 --> 01:17:48,029
and this is all for users under the age of

1357
01:17:48,029 --> 01:17:51,500
18. But overall, the state that Attorney generals are calling

1358
01:17:51,500 --> 01:17:55,140
this one of the largest consumer settlement cases in history.

1359
01:17:55,760 --> 01:17:58,100
And so the impacts will be far reaching. So this,

1360
01:17:58,100 --> 01:18:01,159
what I think they're all missing, because, you know, they

1361
01:18:01,159 --> 01:18:03,779
go through this list of concessions they're going to make

1362
01:18:03,779 --> 01:18:08,199
for the children. This can only lead to... And digital

1363
01:18:08,199 --> 01:18:11,800
ID that you'll have to identify yourself to be on

1364
01:18:11,800 --> 01:18:16,510
the platforms. And that's ultimately, I think, what all these

1365
01:18:16,510 --> 01:18:20,510
guys love. They all want that. Not the tech companies,

1366
01:18:20,510 --> 01:18:23,560
but the AGs and the politicians, they want to get

1367
01:18:23,560 --> 01:18:27,359
rid of anonymity. Yes, because you can't criticize them or

1368
01:18:27,359 --> 01:18:30,300
you can't leak documents about them and their crimes, etc.

1369
01:18:30,300 --> 01:18:34,449
online. And they would love, love to get rid of

1370
01:18:34,449 --> 01:18:38,440
encryption and they would love to get rid of anonymity.

1371
01:18:38,440 --> 01:18:40,829
And they've done a great job of it already. I

1372
01:18:40,829 --> 01:18:43,739
mean, they can follow you around. You have to take

1373
01:18:43,739 --> 01:18:47,659
really... you know, acute steps to, to maintain your privacy.

1374
01:18:47,659 --> 01:18:51,140
It is still possible. But this is a very reminiscent

1375
01:18:51,140 --> 01:18:54,940
of the, of what happened with the tobacco company. So

1376
01:18:54,940 --> 01:18:56,489
two things can be true at the same time. The

1377
01:18:56,489 --> 01:19:00,680
politicians really want to control social media because they don't

1378
01:19:00,680 --> 01:19:02,619
want criticism. They want to track you down. If you

1379
01:19:02,619 --> 01:19:06,390
leak a document, et cetera. On the other side, you

1380
01:19:06,390 --> 01:19:10,239
know, Instagram knew for many years that this stuff was

1381
01:19:10,239 --> 01:19:13,289
super addicting, that kids really shouldn't be on it. They

1382
01:19:13,289 --> 01:19:16,329
engineered it that way. Exactly. They literally, when I came

1383
01:19:16,329 --> 01:19:18,619
into the industry and started investing, which was about 12

1384
01:19:18,619 --> 01:19:21,649
years ago, there was something called gamification. And all the

1385
01:19:21,649 --> 01:19:25,359
video game people had studied levels. Like, you know, when

1386
01:19:25,359 --> 01:19:27,229
you're in martial arts, you go up levels. If you're

1387
01:19:27,229 --> 01:19:29,659
in Scientology, they have levels. You pay, you get to

1388
01:19:29,659 --> 01:19:33,079
the next level, yada, yada. And all those devices and

1389
01:19:33,079 --> 01:19:39,559
mechanisms, my friends... who created Farmville, Mark Pincus, had started

1390
01:19:39,559 --> 01:19:42,789
all those. Wait, that's the guy who later did... but

1391
01:19:42,789 --> 01:19:48,210
what painted his Pinterest is as well Pinterest no which

1392
01:19:48,210 --> 01:19:52,420
was Farmville Zynga and which was named after his dog

1393
01:19:52,420 --> 01:19:56,250
who had a wonderful dog he's a friend of mine

1394
01:19:56,250 --> 01:19:59,210
he studied this stuff over and over again then Zuckerberg

1395
01:19:59,210 --> 01:20:00,000
studied it and

1396
01:20:00,010 --> 01:20:02,829
They just said, how do you get people addicted? Well,

1397
01:20:02,829 --> 01:20:05,399
very easy. You know, if you see the number of

1398
01:20:05,399 --> 01:20:07,239
likes, and I have more likes than you, and we're

1399
01:20:07,239 --> 01:20:10,729
both 12-year-old girls, you know, it's just going to turn

1400
01:20:10,729 --> 01:20:13,479
into a little bit of a slot machine, a race.

1401
01:20:14,180 --> 01:20:17,100
So they knew that and they didn't do anything about

1402
01:20:17,100 --> 01:20:19,390
it. And then they knew, hey, we got to get

1403
01:20:19,390 --> 01:20:22,229
them addicted from somewhere between 10 years old and 14

1404
01:20:22,229 --> 01:20:24,260
years old. And if we do that, we'll have them

1405
01:20:24,260 --> 01:20:27,090
for life. They'll never give up their account. So then

1406
01:20:27,090 --> 01:20:30,939
it became a generational chase to... Do that. And then

1407
01:20:30,939 --> 01:20:34,310
you have things happen like adults who are addicted to

1408
01:20:34,310 --> 01:20:38,069
these social networks. So, you know, two things true at

1409
01:20:38,069 --> 01:20:40,619
the same time. The government wants to get everybody to

1410
01:20:40,619 --> 01:20:43,250
sign up, use their social security number, and then track

1411
01:20:43,250 --> 01:20:45,250
you and track everything you do and who do you

1412
01:20:45,250 --> 01:20:48,300
follow. And then at the same time, these guys knew,

1413
01:20:48,300 --> 01:20:50,859
I think I caught with their hand in the cookie

1414
01:20:50,859 --> 01:20:53,229
jar. here's the here's the good news for them it's

1415
01:20:53,229 --> 01:20:55,550
like one percent it's like ten percent of their cash

1416
01:20:55,550 --> 01:20:58,060
on hand it's like one percent of their market cap

1417
01:20:58,060 --> 01:21:00,529
or less so this is like Some judge is like,

1418
01:21:00,529 --> 01:21:02,760
oh my God, I got $16 billion. It's the biggest

1419
01:21:02,760 --> 01:21:05,000
thing ever. And it's like, bro, are you paying attention

1420
01:21:05,000 --> 01:21:07,000
to how much this company is worth? This is like

1421
01:21:07,000 --> 01:21:09,989
giving you or I a $2 speeding ticket for going

1422
01:21:09,989 --> 01:21:14,439
150 miles an hour. Meanwhile, the true addicts are adults.

1423
01:21:15,260 --> 01:21:18,350
Yes. For sure. The adults are, I mean, it is

1424
01:21:18,350 --> 01:21:22,439
like- I'm addicted. I'm not. I'm addicted. I am not.

1425
01:21:22,859 --> 01:21:25,539
I am not. How'd you get off? Did you, did

1426
01:21:25,539 --> 01:21:27,680
you, were you, were you addicted for a bit? Never,

1427
01:21:28,359 --> 01:21:31,609
never, never. Now I can slip into it. I can

1428
01:21:31,609 --> 01:21:36,800
slip into it. Let's say it doesn't happen often, but

1429
01:21:36,800 --> 01:21:39,739
I'll just, I'll just sit on the couch and I,

1430
01:21:39,739 --> 01:21:42,539
and I go through my, um, here's how it happens.

1431
01:21:42,920 --> 01:21:45,640
I only look at X for my mentions because that's

1432
01:21:45,640 --> 01:21:48,930
where people tag me. There's a story or something going

1433
01:21:48,930 --> 01:21:52,670
on. Um, increasingly just like you suck. You know, there's

1434
01:21:52,670 --> 01:21:55,960
a lot of that. You know, just stop the show.

1435
01:21:56,079 --> 01:21:59,430
It's not the same. Yes. This guy was, you know,

1436
01:21:59,430 --> 01:22:02,270
whatever. But then there'll be a video and I'll watch

1437
01:22:02,270 --> 01:22:04,829
the video and I'm looking at the video and then

1438
01:22:04,829 --> 01:22:07,159
the video's over and it goes to the next video.

1439
01:22:07,720 --> 01:22:09,430
Yep. And then I'm like, how much time do I

1440
01:22:09,430 --> 01:22:12,430
have? And. And then before I know it, it's 15

1441
01:22:12,430 --> 01:22:15,079
minutes, and then I realize, okay, now I see what's

1442
01:22:15,079 --> 01:22:19,229
happening, because now I'm into sovereign citizens refusing to show

1443
01:22:19,229 --> 01:22:24,319
their driver's license. Yes. And new mosques being put up

1444
01:22:24,319 --> 01:22:28,899
in Hill Country. All of that. But, you know, so

1445
01:22:28,899 --> 01:22:31,640
I recognize that. But no, I am not. But I

1446
01:22:31,640 --> 01:22:38,500
see... Everybody around me is. Everybody. And it is... It

1447
01:22:38,500 --> 01:22:43,050
is the poorest way to get information. The worst. Every

1448
01:22:43,050 --> 01:22:46,140
link to a story is a paywall, so you only

1449
01:22:46,140 --> 01:22:50,039
read the headline in one paragraph. Worse, people, it gets

1450
01:22:50,039 --> 01:22:55,060
in my craw. Fake accounts. Okay, but when people screenshot

1451
01:22:55,060 --> 01:22:58,039
something, like, what good is that to me? I can't

1452
01:22:58,039 --> 01:23:00,010
even go and find the story of a phone. wanted

1453
01:23:00,010 --> 01:23:05,460
to. And then it's extrapolations of people giving you their

1454
01:23:05,460 --> 01:23:09,159
version of it. There's no real research being done. It's

1455
01:23:09,159 --> 01:23:12,529
junk. It's just junk, which I think has always been...

1456
01:23:12,529 --> 01:23:16,250
Slop. Well, there's a lot of slop now, but I

1457
01:23:16,250 --> 01:23:19,430
think that was always kind of the success of what

1458
01:23:19,430 --> 01:23:23,310
John and I were doing is We would dive into

1459
01:23:23,310 --> 01:23:27,210
it. Not all the time because it's hard to get

1460
01:23:27,210 --> 01:23:29,699
that nugget and figure it out. But I would go

1461
01:23:29,699 --> 01:23:32,960
and read the documents, man. I know their agenda. I

1462
01:23:32,960 --> 01:23:37,140
know exactly what the globalists are doing. And it's often

1463
01:23:37,140 --> 01:23:44,310
quite... For instance, okay, so... This beef thing has a

1464
01:23:44,310 --> 01:23:48,579
couple of things. And I'm like, because, you know, I

1465
01:23:48,579 --> 01:23:53,659
talked to Texas Slim and I've been looking at cattle

1466
01:23:53,659 --> 01:23:58,439
and ranching and beef for going on five years. And

1467
01:23:58,439 --> 01:24:02,500
so the first thing is the president comes out and

1468
01:24:02,500 --> 01:24:10,409
says, OK, I'm. 300,000 metric tons, metric tons. Okay, so

1469
01:24:10,409 --> 01:24:13,659
time 2,000 pounds? Well, that would be U.S. tons, but

1470
01:24:13,659 --> 01:24:17,979
metric tons of ground beef. Now- Ground beef from where?

1471
01:24:18,260 --> 01:24:22,180
Well, thank you. First of all, that would be, if

1472
01:24:22,180 --> 01:24:25,199
you cut up every piece of the cow- That would

1473
01:24:25,199 --> 01:24:29,020
be 1.2 million cows. OK, OK, it's a lot of

1474
01:24:29,020 --> 01:24:31,960
cows. This is a controversial move, but despite all of

1475
01:24:31,960 --> 01:24:35,260
that outrage from Republicans and ranchers across the country, the

1476
01:24:35,260 --> 01:24:38,939
president is moving forward with this, suspending tariffs on ground

1477
01:24:38,939 --> 01:24:41,850
beef imports for about 90 days until after the midterm

1478
01:24:41,850 --> 01:24:44,590
elections. This is all in an effort to lower prices

1479
01:24:44,590 --> 01:24:47,489
for the American family. But of course, this set off

1480
01:24:47,489 --> 01:24:51,159
a firestorm of criticism. especially in the Republican Party. So

1481
01:24:51,159 --> 01:24:55,060
Senator John Barrasso, the number two Republican in the Senate,

1482
01:24:55,180 --> 01:24:57,300
said Americans want U.S. beef on the table, not foreign

1483
01:24:57,300 --> 01:25:01,060
imports. Senator Tom Cotton of Arkansas called this action ill-advised.

1484
01:25:01,260 --> 01:25:04,899
Others in very competitive Senate races, like Congresswoman Ashley Henson,

1485
01:25:05,319 --> 01:25:07,630
say that this is just a flat-out bad idea. Now,

1486
01:25:07,630 --> 01:25:11,369
notably, the administration is not saying... Where this beef is

1487
01:25:11,369 --> 01:25:14,840
coming from. The president did not identify any countries in

1488
01:25:14,840 --> 01:25:18,300
his proclamation. And notably the agriculture secretary, whose job it

1489
01:25:18,300 --> 01:25:21,170
is to oversee farming and food safety, said that she

1490
01:25:21,170 --> 01:25:24,060
wasn't privy to that information. Yeah, because there is no

1491
01:25:24,060 --> 01:25:29,300
deal. There's no contract. But the cattle futures tanked right

1492
01:25:29,300 --> 01:25:34,960
away. Perfect. So the president got all midterms. Affordability. Oh,

1493
01:25:34,960 --> 01:25:38,939
OK. It's cheaper now. And of course, immediately you see

1494
01:25:38,939 --> 01:25:41,899
the memes. It's going to be poisoned beef from Argentina.

1495
01:25:41,899 --> 01:25:46,100
And just as a small aside, if people really understood,

1496
01:25:46,100 --> 01:25:49,779
our great American beef is certainly from Texas. Best in

1497
01:25:49,779 --> 01:25:53,159
the world. It goes to New York, Los Angeles, Las

1498
01:25:53,159 --> 01:25:58,319
Vegas, Beijing. Maybe Japan is good. It goes to the

1499
01:25:58,319 --> 01:26:02,810
Michelin star restaurants. And we are already getting crap that's

1500
01:26:02,810 --> 01:26:06,300
driven up from Argentina, from South America. And by the

1501
01:26:06,300 --> 01:26:11,399
time it gets to, in Texas, HEB, it says USDA.

1502
01:26:11,399 --> 01:26:17,000
a certified prime American beef because it's been in the

1503
01:26:17,000 --> 01:26:22,699
country. It's processed here. So then, and I think this

1504
01:26:22,699 --> 01:26:27,279
was a setup. Glenn Beck with the president. And because

1505
01:26:27,279 --> 01:26:30,399
I know a lot, I mean, I buy... We buy

1506
01:26:30,399 --> 01:26:34,229
our beef from KNC Cattle, hometown meats that have a

1507
01:26:34,229 --> 01:26:40,300
small... owner-operated processing plant on-premises. That's the way to do

1508
01:26:40,300 --> 01:26:42,390
it. That's the way to do it. And, you know,

1509
01:26:42,390 --> 01:26:49,649
they actually process beef for, you know, for ranchers, you

1510
01:26:49,649 --> 01:26:54,369
know, San Antonio, all over the place. But this is

1511
01:26:54,369 --> 01:26:57,119
how it went down with Glenn Beck and the president.

1512
01:26:57,500 --> 01:27:00,800
And I'm telling you, this was a midterm PSYOP setup.

1513
01:27:00,899 --> 01:27:02,399
And I think Beck was in on it. And the

1514
01:27:02,399 --> 01:27:05,000
prices are coming down very rapidly. And now beef is

1515
01:27:05,000 --> 01:27:07,720
starting to come down. You know, the meats, the beef

1516
01:27:07,720 --> 01:27:10,619
is starting to come down. Yeah, because I told everybody

1517
01:27:10,619 --> 01:27:14,159
to import it. But prices have come down very, very,

1518
01:27:14,159 --> 01:27:18,060
very rapidly. Very simple. I have to tell you, Mr.

1519
01:27:18,060 --> 01:27:20,159
President, I didn't plan on talking about this in week.

1520
01:27:20,560 --> 01:27:22,939
Bullcrap. I didn't plan on talking about this. I didn't

1521
01:27:22,939 --> 01:27:24,939
plan on this. All of a sudden, it just came

1522
01:27:24,939 --> 01:27:26,520
up. You can get into it at a later date,

1523
01:27:26,520 --> 01:27:30,789
but... Please, please, when it comes to beef, please look

1524
01:27:30,789 --> 01:27:36,069
at the cartel that is the meat processing cartel. Now,

1525
01:27:36,069 --> 01:27:39,720
this is absolutely true, but it's not a monopoly. It's

1526
01:27:39,720 --> 01:27:43,380
a duopoly, and they are not owned by Americans. And

1527
01:27:43,380 --> 01:27:48,960
the ranchers have become very... You know, complacent. It's like,

1528
01:27:48,960 --> 01:27:52,560
you know, I got these cows, I throw in $1,400

1529
01:27:52,560 --> 01:27:55,399
worth of Honey Nut Cheerios, I take it to the

1530
01:27:55,399 --> 01:28:00,930
processor, you know, they give me $1,800, $2,000, rinse and

1531
01:28:00,930 --> 01:28:05,649
repeat. But okay. That is definitely a cartel, and they're

1532
01:28:05,649 --> 01:28:07,800
no good, and they suck, and that should be broken

1533
01:28:07,800 --> 01:28:10,020
up. And this is the setup for that and more.

1534
01:28:10,100 --> 01:28:13,279
I mean, that is—I run a ranch, so I know

1535
01:28:13,279 --> 01:28:17,630
what it's like. And I'm telling you— Meaning, Glenn Beck

1536
01:28:17,630 --> 01:28:21,520
goes—puts the Cheerios in, takes it to JBS or whatever,

1537
01:28:21,520 --> 01:28:25,399
and has them processed. It is processing plants. There's four

1538
01:28:25,399 --> 01:28:27,020
of them, and I think two of them are not

1539
01:28:27,020 --> 01:28:31,619
even American. It's bad. And I believe they're colluding. And

1540
01:28:31,619 --> 01:28:33,640
I'm surprised that the ranchers and the farmers haven't done

1541
01:28:33,640 --> 01:28:37,190
it because they're smart as hell. I'm surprised... Because that's

1542
01:28:37,190 --> 01:28:39,470
been going on a long time, Glenn, long before I

1543
01:28:39,470 --> 01:28:43,130
got here. Help us. Help us. It's so we can't

1544
01:28:43,130 --> 01:28:46,920
we can't butcher with all of the federal regulations. It

1545
01:28:46,920 --> 01:28:50,420
is really hard. You know, if there's something you can

1546
01:28:50,420 --> 01:28:52,869
do to help. Glenn, is that just a question of

1547
01:28:52,869 --> 01:28:56,590
regulation? Do you think? A lot of it is. These

1548
01:28:56,590 --> 01:28:57,809
guys don't even know. A lot of it is. The

1549
01:28:57,809 --> 01:29:02,140
inspections are insane. No. Okay. So first of all, it's

1550
01:29:02,140 --> 01:29:05,659
not federal, it's state. And Texas is quite good about

1551
01:29:05,659 --> 01:29:09,220
that. Yeah. And, you know, it depends on how many

1552
01:29:09,220 --> 01:29:12,539
people you have in your operation and you can sell

1553
01:29:12,539 --> 01:29:16,069
it locally. Depending on your situation, you may not be

1554
01:29:16,069 --> 01:29:18,949
able to sell the cross state lines. You may not

1555
01:29:18,949 --> 01:29:21,100
be able to sell it to HEB, but you can.

1556
01:29:21,100 --> 01:29:23,899
can sell it from your ranch and but it gets

1557
01:29:23,899 --> 01:29:28,119
even funnier so they make the regulations so tough that

1558
01:29:28,119 --> 01:29:31,180
so could you do it if you didn't have those

1559
01:29:31,180 --> 01:29:34,859
regulations could you do it on your ranch yes and

1560
01:29:34,859 --> 01:29:37,260
is that the way to do it or do you

1561
01:29:37,260 --> 01:29:42,420
think yes you need some pretty strong regulations break Break

1562
01:29:42,420 --> 01:29:46,809
the back, break the back of those processing plants. There's

1563
01:29:46,809 --> 01:29:50,059
people that want to build processing plants everywhere. The regulations

1564
01:29:50,059 --> 01:29:54,190
are killing us, just killing us. So you're saying with

1565
01:29:54,190 --> 01:29:58,520
less regulation, you think that the ranchers and farmers would

1566
01:29:58,520 --> 01:30:00,000
do a very good job of processing plants.

1567
01:30:00,010 --> 01:30:04,800
So sing the beef. Yes. Wow. Yes, I know. I

1568
01:30:04,800 --> 01:30:07,159
remember that today. I know. I've been hearing about this

1569
01:30:07,159 --> 01:30:10,560
problem for 20 years. I've been hearing about this problem.

1570
01:30:10,800 --> 01:30:13,189
Okay. So, to me, this was a bit of a

1571
01:30:13,189 --> 01:30:20,159
setup. It's like, oh, yeah, Mr. President. So... The processing

1572
01:30:20,159 --> 01:30:25,699
plant is multiple problems. One is... And there's all kinds

1573
01:30:25,699 --> 01:30:27,979
of ways around it. You can sell a half a

1574
01:30:27,979 --> 01:30:30,840
cow to someone. That's what we do. Quarter cow, half

1575
01:30:30,840 --> 01:30:32,960
a cow is the way to go. Because you own

1576
01:30:32,960 --> 01:30:35,619
it at that point. You own half of the cow.

1577
01:30:35,720 --> 01:30:37,909
Someone else owns the other half of the cow. The

1578
01:30:37,909 --> 01:30:42,640
problem is that the ranchers, they are lazy. I'm sorry,

1579
01:30:42,640 --> 01:30:50,199
not the beefmaps.com guys. There are small independent processing plants.

1580
01:30:50,399 --> 01:30:52,739
So part one is they just want to make money.

1581
01:30:52,859 --> 01:30:55,800
They're not really into regenerative. They're not caring about it

1582
01:30:55,800 --> 01:30:59,420
as much as they used to. The older generation... is,

1583
01:30:59,420 --> 01:31:01,699
you know, passes it on. The kids are like, I

1584
01:31:01,699 --> 01:31:04,479
might as well sell this for development or something else.

1585
01:31:04,779 --> 01:31:11,060
They're not really into it. And the biggest problem is

1586
01:31:11,060 --> 01:31:15,130
people who know how to cut. There is no, there

1587
01:31:15,130 --> 01:31:18,000
are no people who know how to cut anymore. Right?

1588
01:31:18,000 --> 01:31:23,000
The butchers. Butchers. It's a specialty. You've got to get

1589
01:31:23,000 --> 01:31:28,119
apprenticeship. You know, that's where the stimulus is needed. And

1590
01:31:28,119 --> 01:31:34,140
yes, absolutely. This is cartel with the beef processors. Totally.

1591
01:31:34,840 --> 01:31:37,609
But there's a lot of complicit nature. And then we

1592
01:31:37,609 --> 01:31:40,949
get the next day... Or two days later, Glenn Beck,

1593
01:31:40,949 --> 01:31:44,619
you know, like spikes the ball. On Wednesday, the president

1594
01:31:44,619 --> 01:31:47,909
was on. It's Friday today. So two days ago, president

1595
01:31:47,909 --> 01:31:50,170
is on. And I bring up, you know, farmers and

1596
01:31:50,170 --> 01:31:52,479
ranchers. And I'm like, you know, let your people go.

1597
01:31:52,560 --> 01:31:56,060
Let my people go. Let them process their own food.

1598
01:31:56,539 --> 01:32:01,079
Now, every rancher. He's allowed to process their own food.

1599
01:32:01,800 --> 01:32:04,600
I'm just being technical about what he's saying, but you

1600
01:32:04,600 --> 01:32:09,239
can process your cows on your ranch for yourself. And

1601
01:32:09,239 --> 01:32:13,720
for your family. That's always, always been allowed. No standards.

1602
01:32:14,159 --> 01:32:18,399
But this is a monopoly. And if we can cut...

1603
01:32:18,399 --> 01:32:23,720
It's not a monopoly. There's four of them. No, four.

1604
01:32:23,880 --> 01:32:28,409
JBS, Tyson, Cargill, and National Beef. The regulations on these

1605
01:32:28,409 --> 01:32:33,119
processing plants... Not to a dangerous level, but to be

1606
01:32:33,119 --> 01:32:35,850
able to get people to be able to process their

1607
01:32:35,850 --> 01:32:38,380
own food in their own communities, in their own states.

1608
01:32:38,439 --> 01:32:41,760
It's already possible. It's a state's issue. The only thing

1609
01:32:41,760 --> 01:32:44,760
that is out there is the Prime Act, which has

1610
01:32:44,760 --> 01:32:48,560
been on the books and never really made it anywhere.

1611
01:32:48,680 --> 01:32:50,789
And maybe that was part of the point. And that,

1612
01:32:50,789 --> 01:32:53,850
believe it or not, is a Thomas Massey bill that

1613
01:32:53,850 --> 01:32:59,739
has just not moved anywhere. So it's a multi-factor thing.

1614
01:32:59,859 --> 01:33:04,239
But again, I think this is a midterm marketing message

1615
01:33:04,239 --> 01:33:07,680
that is happening here. This is all about the inflation

1616
01:33:07,680 --> 01:33:11,489
issue. You know, Trump... made a small set of promises.

1617
01:33:11,489 --> 01:33:15,300
And if you just go through it, just dispassionately, he

1618
01:33:15,300 --> 01:33:19,899
closed the border. Great. 100, A plus. You know, the

1619
01:33:19,899 --> 01:33:22,760
war, a lot of people felt you know, that was

1620
01:33:22,760 --> 01:33:24,479
a mistake, you know, and you just go through these

1621
01:33:24,479 --> 01:33:26,729
issues. One of them was, hey, I'm going to get

1622
01:33:26,729 --> 01:33:29,880
the prices down immediately. And as a function of starting

1623
01:33:29,880 --> 01:33:32,300
the war, gas prices go up. Gas prices are the

1624
01:33:32,300 --> 01:33:34,350
input to a lot of other prices. So, of course,

1625
01:33:34,350 --> 01:33:37,189
everything goes up. And we've been at three or four

1626
01:33:37,189 --> 01:33:41,829
percent. It's kind of as low as like 2.8, 2.9.

1627
01:33:41,829 --> 01:33:43,199
We still have the lowest unemployment of our lifetime. So,

1628
01:33:43,199 --> 01:33:45,460
You and I, we've never been sitting here with four

1629
01:33:45,460 --> 01:33:48,630
or 5% unemployment. And the participation rate in the country

1630
01:33:48,630 --> 01:33:51,590
is about 62%. We've never had more people participating on

1631
01:33:51,590 --> 01:33:54,060
a percentage basis. It's like 68 was the peak, I

1632
01:33:54,060 --> 01:33:57,590
think, under Clinton. And that's because it's a multi-factor kind

1633
01:33:57,590 --> 01:34:02,079
of thing. Because many people are so affluent, they don't

1634
01:34:02,079 --> 01:34:03,880
have to work or people in the family are affluent.

1635
01:34:03,979 --> 01:34:06,220
So they don't, they won't get off the bench and

1636
01:34:06,220 --> 01:34:08,359
go work. Put it all aside. This has been a

1637
01:34:08,359 --> 01:34:11,720
pretty great time for employment, even though everybody always complains

1638
01:34:11,720 --> 01:34:13,779
about how much money they make. It's actually never been

1639
01:34:13,779 --> 01:34:16,079
this good in our lifetime in terms of the number

1640
01:34:16,079 --> 01:34:18,880
of the unemployment rate. Put that aside for a second.

1641
01:34:19,039 --> 01:34:22,739
That's at Jason on X, everybody. That's at Jason on

1642
01:34:22,739 --> 01:34:25,159
X. You can tell him that he's full of crap

1643
01:34:25,159 --> 01:34:28,279
and that you are struggling. No, no, but the struggle

1644
01:34:28,279 --> 01:34:31,470
is not in the jobs available. It's the affordability. So

1645
01:34:31,470 --> 01:34:36,850
the rate, so correct. If your salary has not increased,

1646
01:34:36,850 --> 01:34:40,550
let's say 5% a year, 6% a year. You're not

1647
01:34:40,550 --> 01:34:43,939
keeping up with inflation because it was 6%, 7%, 8%

1648
01:34:43,939 --> 01:34:47,369
at times under Biden, and it's been 3%. The problem,

1649
01:34:47,369 --> 01:34:50,189
what people don't realize is 3% doesn't sound like a

1650
01:34:50,189 --> 01:34:52,640
big number, but you do 3% for 10 years in

1651
01:34:52,640 --> 01:34:56,340
a row. This is a super compounding impact. Now, everything

1652
01:34:56,340 --> 01:34:59,899
is 50%, 75% more. And beef is one of those

1653
01:34:59,899 --> 01:35:03,250
things. But the hack is super easy. And once you

1654
01:35:03,250 --> 01:35:05,600
start living on a ranch and you live in Texas,

1655
01:35:05,600 --> 01:35:08,579
you kind of break out of the matrix that you

1656
01:35:08,579 --> 01:35:10,180
live in in New York, that you live in in

1657
01:35:10,180 --> 01:35:15,460
San Francisco or L.A. And... I can order Wagyu, the

1658
01:35:15,460 --> 01:35:18,390
best. I have this one rancher. I'll give her a

1659
01:35:18,390 --> 01:35:21,239
shout out, Olivia, at Long Hill Wagyu. Her ranch is

1660
01:35:21,239 --> 01:35:23,859
about an hour and a half south of my ranch.

1661
01:35:27,000 --> 01:35:29,989
I'm talking about Wagyu. I can get it for like

1662
01:35:29,989 --> 01:35:33,710
$20 a pound if I buy Wagyu. a quarter cow,

1663
01:35:33,710 --> 01:35:36,210
maybe a little less, $15 a pound if you buy

1664
01:35:36,210 --> 01:35:38,640
a half cow, um, And this is what you need

1665
01:35:38,640 --> 01:35:40,930
to do. Now, if you're buying just straight up American

1666
01:35:40,930 --> 01:35:43,960
cattle, you're down to, I think, six to ten bucks,

1667
01:35:43,960 --> 01:35:46,729
depending on where you go. And the processing, from what

1668
01:35:46,729 --> 01:35:49,390
I understand, is like a buck a pound. It's like

1669
01:35:49,390 --> 01:35:52,609
150 bucks or 300 bucks to do a cow. And

1670
01:35:52,609 --> 01:35:55,449
there are smaller places to do that. And this is

1671
01:35:55,449 --> 01:35:59,439
the future of America is the job you mentioned. Cutting

1672
01:35:59,439 --> 01:36:03,819
up and butchering a cow, doing electrical work, plumbers. Generation

1673
01:36:03,819 --> 01:36:07,920
tool belt is the greatest opportunity ever. They get paid.

1674
01:36:07,920 --> 01:36:11,140
Generation tool belt. I like that. That's good. If you

1675
01:36:11,140 --> 01:36:13,819
want to get a great job, if you get a

1676
01:36:13,819 --> 01:36:19,359
graduate degree and whatever, studies and... Bullshit. Sorry, I'm not...

1677
01:36:19,359 --> 01:36:23,149
Sorry for cursing. BS, you know, graduate degree and studies

1678
01:36:23,149 --> 01:36:26,960
of, you know, whatever, indigenous people, yada, yada. You're going

1679
01:36:26,960 --> 01:36:29,710
to be 250K in debt and your first job is

1680
01:36:29,710 --> 01:36:32,500
going to be 40K, 50K. If you're lucky. You get...

1681
01:36:32,500 --> 01:36:36,539
If you're lucky. You're Generation Toolbelt. You're an electrician. You're

1682
01:36:36,539 --> 01:36:39,689
making... Six figures. In five or 10 years, you're a

1683
01:36:39,689 --> 01:36:41,779
plumber. Right now. You got your own business. You're making

1684
01:36:41,779 --> 01:36:45,390
$250. Right now in Texas, I think they're looking for

1685
01:36:45,390 --> 01:36:52,680
70,000 construction workers, welders, cable pullers, electricians to build these

1686
01:36:52,680 --> 01:36:57,439
stupid data centers like... This is a fantastic transfer of

1687
01:36:57,439 --> 01:37:03,319
wealth from BlackRock, from Goldman Sachs. Take the money. Take

1688
01:37:03,319 --> 01:37:06,699
the money. Take the money. I mean, yes. Huge PSYOP

1689
01:37:06,699 --> 01:37:11,090
took place. Huge PSYOP. Absolutely. Kids got screwed. That was

1690
01:37:11,090 --> 01:37:17,000
the... You know what? People are rightly sick of 20...

1691
01:37:17,000 --> 01:37:21,640
30 years of the government employees not working for them,

1692
01:37:21,640 --> 01:37:26,359
working for themselves. Absolutely true. Yeah, and so once you

1693
01:37:26,359 --> 01:37:28,720
break out of the matrix and you realize going to

1694
01:37:28,720 --> 01:37:32,279
college is not a guarantee for a great life, it's

1695
01:37:32,279 --> 01:37:37,399
indentured servitude. You now work for a student loan. These

1696
01:37:37,399 --> 01:37:40,510
kids who I meet, you can go to state school

1697
01:37:40,510 --> 01:37:44,069
for like 10K a year in Texas. If you go

1698
01:37:44,069 --> 01:37:48,779
to... Austin, you know, and you go to UT, you're

1699
01:37:48,779 --> 01:37:50,989
paying like- I got to tell you, Jason, I know

1700
01:37:50,989 --> 01:37:55,600
how to weld. Like, if this podcasting thing doesn't work-

1701
01:37:55,600 --> 01:37:57,840
You're going to be making $1.50 an hour. I'm going

1702
01:37:57,840 --> 01:38:01,119
to go to Pennsylvania and help weld me some big,

1703
01:38:01,119 --> 01:38:06,000
beautiful ships. I mean- That it's amazing what is out

1704
01:38:06,000 --> 01:38:09,210
there. If you ever watch Mike Rowe with his dirty

1705
01:38:09,210 --> 01:38:13,819
jobs, I mean, he's going everywhere telling people this continuously.

1706
01:38:14,100 --> 01:38:16,760
Did you go to college? I went to Fordham university

1707
01:38:16,760 --> 01:38:21,479
at Lincoln center at night. And it was, I think,

1708
01:38:21,500 --> 01:38:24,439
9 to 11K a year. Yeah. So it was about

1709
01:38:24,439 --> 01:38:27,899
40K. But it took me five years. I worked jobs

1710
01:38:27,899 --> 01:38:31,399
doing internet and whatever during that time. So when I

1711
01:38:31,399 --> 01:38:34,579
graduated, I think I had maybe $9,000 or $10,000 in

1712
01:38:34,579 --> 01:38:37,539
debt from student Pell loans or whatever. And then I

1713
01:38:37,539 --> 01:38:42,048
got a job working for Sony doing IT. Yeah. and

1714
01:38:42,048 --> 01:38:44,539
I was getting paid 60 or 70K a year, I

1715
01:38:44,539 --> 01:38:46,930
just paid it off in one year. I paid off

1716
01:38:46,930 --> 01:38:49,260
my debt in one year. And at the time, my

1717
01:38:49,260 --> 01:38:53,409
total college tuition of 50K was 10K less than my

1718
01:38:53,409 --> 01:38:57,119
salary on graduation. Today, if you get that same, let's

1719
01:38:57,119 --> 01:38:59,690
say you get a 50K job and you're stuck 250

1720
01:38:59,690 --> 01:39:02,699
in loans, 100,000 in loans, that's two to five X.

1721
01:39:02,880 --> 01:39:06,140
You cannot do that. get out from under no that's

1722
01:39:06,140 --> 01:39:09,359
the trap it's a lie and that's why you have

1723
01:39:09,359 --> 01:39:12,600
these kids who are so enamored with socialism because they

1724
01:39:12,600 --> 01:39:15,359
screwed them they said get your graduate degree yeah and

1725
01:39:15,359 --> 01:39:18,000
they went 100k in debt 200k that's why they love

1726
01:39:18,000 --> 01:39:22,000
mondami they're like yeah free stuff cancel my loans i

1727
01:39:22,000 --> 01:39:28,260
got screwed yeah um *sigh* Support your local rancher. That's

1728
01:39:28,260 --> 01:39:31,619
my main. Just literally buy a half cow, buy a

1729
01:39:31,619 --> 01:39:35,220
quarter cow, get the freezer. I have a whole freezer.

1730
01:39:35,539 --> 01:39:37,680
I mean, that's all we eat is we eat beef.

1731
01:39:37,760 --> 01:39:41,289
We eat beef and a potato. Love it. Rice and

1732
01:39:41,289 --> 01:39:46,239
salad. And, you know, our grocery bill is significantly lower

1733
01:39:46,239 --> 01:39:49,130
than anybody else I know. So yeah, you got to

1734
01:39:49,130 --> 01:39:54,059
lay out 400 bucks, you know, upfront, but at six

1735
01:39:54,059 --> 01:39:58,000
weeks, it's six weeks and you got your ground beef

1736
01:39:58,000 --> 01:40:00,000
in there.

1737
01:40:00,010 --> 01:40:04,850
You get the picanha? Get the picanha. That's the good

1738
01:40:04,850 --> 01:40:08,529
one. The hump roast. You get the hump roast. So

1739
01:40:08,529 --> 01:40:13,380
nice. So nice. Well, here's Kevin Warsh, our new Fed

1740
01:40:13,380 --> 01:40:17,229
chair. And he's laying it on the line over there

1741
01:40:17,229 --> 01:40:19,500
in Jackson Hole. And no one cares what they're doing.

1742
01:40:19,579 --> 01:40:21,399
But he did his walk. Now, there is one signal.

1743
01:40:21,399 --> 01:40:27,270
Nobody can miss. The responsibility for 65 months of sustained

1744
01:40:27,270 --> 01:40:31,800
elevated inflation sits squarely with the central bank. And that's

1745
01:40:31,800 --> 01:40:36,060
where it belongs. So here is my standard. We must

1746
01:40:36,060 --> 01:40:41,079
be confident that underlying inflation is moving to our objective.

1747
01:40:42,149 --> 01:40:46,380
clearly and at sufficient speed. Otherwise, we have work to

1748
01:40:46,380 --> 01:40:50,489
do. That's our job. That's our mandate. And that's our

1749
01:40:50,489 --> 01:40:54,100
charge to keep. Yeah. What does he say? Just a

1750
01:40:54,100 --> 01:40:56,800
bunch of words. I don't think any of this matters

1751
01:40:56,800 --> 01:41:00,680
anymore. I mean, we're still printing money. I mean, that's

1752
01:41:00,680 --> 01:41:03,380
what we're doing. Where are you on Bitcoin? Are you

1753
01:41:03,380 --> 01:41:06,239
a Bitcoiner? I, you know, when, when it was like

1754
01:41:06,239 --> 01:41:09,420
a hundred bucks, 200 bucks, I had some Bitcoin. Oh,

1755
01:41:09,479 --> 01:41:11,920
a hundred bucks. A hundred, 200 bucks. I had them

1756
01:41:11,920 --> 01:41:15,220
on this week in startups in like 2009, 2010. I

1757
01:41:15,220 --> 01:41:17,840
bought some, I got hacked. I lost it. At the

1758
01:41:17,840 --> 01:41:20,239
same time, like six months later, my wife was like,

1759
01:41:20,300 --> 01:41:21,840
what's the company of your Bitcoin? I'm like, I got

1760
01:41:21,840 --> 01:41:23,539
hacked. She's like, I'm going to buy some. And she

1761
01:41:23,539 --> 01:41:25,649
goes and buys a bunch for a hundred. And then

1762
01:41:25,649 --> 01:41:26,779
she's like, like, can I buy more? I want to

1763
01:41:26,779 --> 01:41:29,279
buy 200. I'm like, she wants to buy more. Boom.

1764
01:41:29,279 --> 01:41:32,350
She buys it. We still have it. Millions of dollars.

1765
01:41:32,350 --> 01:41:35,439
My wife made this incredible trade. So I'm super happy

1766
01:41:35,439 --> 01:41:38,380
about it. I think the game of Bitcoin has kind

1767
01:41:38,380 --> 01:41:40,770
of come to an end. It's not going to have

1768
01:41:40,770 --> 01:41:44,640
like this crazy super appreciation. I think- partly because there's

1769
01:41:44,640 --> 01:41:46,880
a guy buying like 10% of it, which is kind

1770
01:41:46,880 --> 01:41:50,010
of like, it's not punk rock. If somebody corners the

1771
01:41:50,010 --> 01:41:51,819
market on it and owns 10 or 20% of it,

1772
01:41:51,859 --> 01:41:54,800
like Michael Saylor's doing. Yeah. It's just kind of like,

1773
01:41:54,859 --> 01:41:57,210
he kind of like has made himself the main character

1774
01:41:57,210 --> 01:41:59,149
in the Bitcoin story. And it's supposed to be like

1775
01:41:59,149 --> 01:42:01,470
a punk rock. Nobody's in charge. I find him very

1776
01:42:01,470 --> 01:42:04,300
annoying, but nobody is, but I do believe nobody's in

1777
01:42:04,300 --> 01:42:07,859
charge. And, My, you know, the thing that John and

1778
01:42:07,859 --> 01:42:10,220
I would always, I mean, I would always pester him

1779
01:42:10,220 --> 01:42:13,579
with it because we were, people were sending us Bitcoin

1780
01:42:13,579 --> 01:42:16,079
left and right. You didn't sell it, did you? No.

1781
01:42:16,079 --> 01:42:20,430
Hold on a second. We agreed. It was John's idea,

1782
01:42:20,430 --> 01:42:23,479
but I agreed. No, this is just Beanie Babies. This

1783
01:42:23,479 --> 01:42:27,210
is Beanie Babies for the internet. And, oh yeah, no,

1784
01:42:27,210 --> 01:42:29,420
no, no, no. No, this is a great story. Keep

1785
01:42:29,420 --> 01:42:34,529
half. I had 65 Bitcoin. And I remember 2015, hey,

1786
01:42:34,529 --> 01:42:37,039
it's 900 bucks. I'm going to sell that stuff. There

1787
01:42:37,039 --> 01:42:40,489
you go. That was my, that's my, that's my initial

1788
01:42:40,489 --> 01:42:42,859
Bitcoin story. But then we got back in when it

1789
01:42:42,859 --> 01:42:46,520
was under $3,000 and I've just been, just been buying

1790
01:42:46,520 --> 01:42:48,840
a little bit every single, Tina's the one with the,

1791
01:42:48,840 --> 01:42:51,750
she's got the, you know, the proper IRA and retirement

1792
01:42:51,750 --> 01:42:54,390
accounts and all that stuff. Thank God. I'm rooting for

1793
01:42:54,390 --> 01:42:58,220
Tina. Everybody donate $33, $330. I'm a, by the way,

1794
01:42:58,220 --> 01:43:01,100
I'm a knight. I never claimed my knighthood. Well, this

1795
01:43:01,100 --> 01:43:02,739
is no good. You got to select a knight. I

1796
01:43:02,739 --> 01:43:04,289
got to be a knight. A knight of the hill

1797
01:43:04,289 --> 01:43:07,520
country. You got to select a name and you got

1798
01:43:07,520 --> 01:43:10,439
to send in a note. Notes at noagendashow.net. And I'll

1799
01:43:10,439 --> 01:43:12,380
be happy to knight you. I didn't know that it

1800
01:43:12,380 --> 01:43:14,670
was an honor system. I thought like you guys were

1801
01:43:14,670 --> 01:43:17,000
keeping track of stuff. Apparently it's an honor system. I

1802
01:43:17,000 --> 01:43:19,170
got to tell you that I'm actually a knight. But,

1803
01:43:19,170 --> 01:43:24,210
um... Putting it aside, there is a lesson, which is,

1804
01:43:24,210 --> 01:43:26,840
as we say in the business, let your winners ride.

1805
01:43:27,000 --> 01:43:28,779
It's okay to pair your position along the way, but

1806
01:43:28,779 --> 01:43:30,850
you always want to let the winner ride until it

1807
01:43:30,850 --> 01:43:33,970
doesn't ride. I do want to say – Because sometimes

1808
01:43:33,970 --> 01:43:38,670
things just race. Cotton Gin, you're right. On the show,

1809
01:43:38,670 --> 01:43:43,739
when Silk Road came out – As an experiment, I

1810
01:43:43,739 --> 01:43:47,899
bought a dime bag of weed for, I think, three

1811
01:43:47,899 --> 01:43:51,829
Bitcoin. Oh, no. And it came right to the door

1812
01:43:51,829 --> 01:43:54,710
in the mailbox. I'm like, this is amazing. What a

1813
01:43:54,710 --> 01:43:58,579
great country we live in. Be careful with that, man.

1814
01:43:58,619 --> 01:44:00,869
That guy went to jail for a couple of years,

1815
01:44:00,869 --> 01:44:04,939
yeah. Yeah, well, there you go. Yes, not legal in

1816
01:44:04,939 --> 01:44:10,920
Texas. We haven't heard from the UN Secretary General recently,

1817
01:44:10,920 --> 01:44:15,920
Guterres. Guterres. Guterres. Yeah, and he's trying to make his

1818
01:44:15,920 --> 01:44:18,699
mark on getting everybody afraid. And he has a new

1819
01:44:18,699 --> 01:44:22,560
way of pronouncing the most scary disease in the planet.

1820
01:44:22,840 --> 01:44:27,409
Outbreak is the fastest growing Ebola epidemic on record. Ebola

1821
01:44:27,409 --> 01:44:31,250
is the fastest growing Ebola outbreak ever. It's like Trump,

1822
01:44:31,250 --> 01:44:35,579
only he can't speak. Well, that's true. It is growing

1823
01:44:35,579 --> 01:44:39,380
faster and wider than the response to contain it. But

1824
01:44:39,380 --> 01:44:43,659
it can be stopped. We know how to contain Ebola,

1825
01:44:43,659 --> 01:44:47,210
how to interrupt transmission. Does this guy not listen to

1826
01:44:47,210 --> 01:44:52,439
anything on the news? Why is he saying Ebola? Am

1827
01:44:52,439 --> 01:44:56,880
I missing something here? Is it really supposed to be?

1828
01:44:56,979 --> 01:45:00,350
Maybe from now on we just pronounce it Ebola. I

1829
01:45:00,350 --> 01:45:03,649
mean, okay, Ebola. Ebola it is. All right. I got

1830
01:45:03,649 --> 01:45:06,600
one more. Koval. I'm going to wrap it up with

1831
01:45:06,600 --> 01:45:08,840
you, brother, because you've been very generous with your time.

1832
01:45:08,920 --> 01:45:10,520
But I do have one question. Of course. Go ahead.

1833
01:45:10,939 --> 01:45:15,270
Do you know what's going on with Japan and this

1834
01:45:15,270 --> 01:45:21,239
best-since-been-real kind of... sketchy about it, like, I know what's

1835
01:45:21,239 --> 01:45:25,529
going on, and the yen carry trade and all this

1836
01:45:25,529 --> 01:45:28,510
stuff. Sure. It's super simple. Is that happening, or is

1837
01:45:28,510 --> 01:45:30,989
that ending, or what's going on with that? Because that

1838
01:45:30,989 --> 01:45:34,010
seems to be where everyone's making money, and dumb podcasters

1839
01:45:34,010 --> 01:45:39,560
aren't. Okay, if you have the ability to... borrow a

1840
01:45:39,560 --> 01:45:43,029
lot of money, your bank, your hedge fund, whatever. You've

1841
01:45:43,029 --> 01:45:45,590
got to be in that kind of realm. You can

1842
01:45:45,590 --> 01:45:49,319
get a $100 million loan from Japan for 1%. And

1843
01:45:49,319 --> 01:45:51,829
then you can invest it in the United States, in

1844
01:45:51,829 --> 01:45:55,430
our treasuries, or short-term banks for 4% or 5%, take

1845
01:45:55,430 --> 01:45:58,779
the spread, and that's called the Japan carry trade. Japan

1846
01:45:58,779 --> 01:46:03,180
is actually, I think, going to come roaring back. They

1847
01:46:03,180 --> 01:46:05,989
have... a real entrepreneurial spirit. I go there twice a

1848
01:46:05,989 --> 01:46:08,119
year. And they- What do you do when you go

1849
01:46:08,119 --> 01:46:10,699
there? What are you doing? Well, two things. One thing

1850
01:46:10,699 --> 01:46:14,060
is I go skiing in Hokkaido, which is the north

1851
01:46:14,060 --> 01:46:17,500
part. Mount Fuji. It's in the foot of Mount Fuji,

1852
01:46:17,640 --> 01:46:20,260
but it is known for the deepest, like softest powder

1853
01:46:20,260 --> 01:46:22,539
in the world. It's unbelievable. And then I go and

1854
01:46:22,539 --> 01:46:24,939
I eat food and I do something I call Founder

1855
01:46:24,939 --> 01:46:28,819
Universe. I meet 30 founders, and for 10 weeks, we

1856
01:46:28,819 --> 01:46:30,819
help them grow their company, which is like my day

1857
01:46:30,819 --> 01:46:33,189
job is investing in 100 companies a year. Putting all

1858
01:46:33,189 --> 01:46:36,409
that aside, they are really figuring out immigration in a

1859
01:46:36,409 --> 01:46:40,239
very intelligent fashion. They just said... Everybody wants to live

1860
01:46:40,239 --> 01:46:43,029
there. It's the safest place in the world. The quality

1861
01:46:43,029 --> 01:46:46,489
of life is unbelievable, but they have some common sense

1862
01:46:46,489 --> 01:46:50,270
principles. One of them is you can't create You're like

1863
01:46:50,270 --> 01:46:55,069
little Tokyo, you're little Baghdad, you're little Paris inside of

1864
01:46:55,069 --> 01:46:57,859
Japan. You can't create your own neighborhood. You have to

1865
01:46:57,859 --> 01:46:59,899
live in one of the existing neighborhoods. And now you

1866
01:46:59,899 --> 01:47:03,039
have to be fluent in Japanese to come there. And

1867
01:47:03,039 --> 01:47:05,640
so since so many people want to go there, if

1868
01:47:05,640 --> 01:47:07,739
you want to have permanent residence, not if you want

1869
01:47:07,739 --> 01:47:09,739
to go there on vacation or for six months as

1870
01:47:09,739 --> 01:47:12,350
a digital nomad and everybody wants to go there, they're

1871
01:47:12,350 --> 01:47:15,340
hiring, you know, because they need some level of immigration

1872
01:47:15,340 --> 01:47:19,529
because they're a population. They have no kids. They're getting

1873
01:47:19,529 --> 01:47:24,420
old over there. It's an incredibly rich country because they

1874
01:47:24,420 --> 01:47:27,350
have so much money, so much discipline. Everybody saves their

1875
01:47:27,350 --> 01:47:30,789
money. And then they have population decline. And so they

1876
01:47:30,789 --> 01:47:34,340
actually figured out a really common sense way to handle

1877
01:47:34,340 --> 01:47:38,880
this immigration issue that the Nordics— Finland let people in

1878
01:47:38,880 --> 01:47:41,159
and then they're like, okay, we have 17 different languages

1879
01:47:41,159 --> 01:47:43,800
being spoken. None of these people will learn Finnish or

1880
01:47:43,800 --> 01:47:46,359
whatever the language is there. I'm assuming it's Finnish. Yes.

1881
01:47:47,170 --> 01:47:51,060
And we don't have teachers. So how are we going

1882
01:47:51,060 --> 01:47:53,050
to educate these people? Like, okay, they're not going to

1883
01:47:53,050 --> 01:47:55,579
get educated. They're going to live in their own slums,

1884
01:47:55,579 --> 01:47:57,659
their own area. And then we're going to have civil

1885
01:47:57,659 --> 01:48:00,060
unrest. If you want to go to a country, I

1886
01:48:00,060 --> 01:48:02,159
think it's like one of the most, and people might

1887
01:48:02,159 --> 01:48:05,470
say I'm being racist or something. You're not guaranteed to

1888
01:48:05,470 --> 01:48:07,970
go to any country you want in the world. And

1889
01:48:07,970 --> 01:48:11,060
what a great opportunity. carrot to put out there. The

1890
01:48:11,060 --> 01:48:13,529
people who learn to speak the language fluently before they

1891
01:48:13,529 --> 01:48:15,899
get here, get precedence. They get to go to the

1892
01:48:15,899 --> 01:48:18,560
front of the line. That's actually a really good idea,

1893
01:48:18,560 --> 01:48:21,630
because your chances of assimilating into the culture go up

1894
01:48:21,630 --> 01:48:24,409
100x if you can speak the language. Well, we'd have

1895
01:48:24,409 --> 01:48:27,279
to kick out half of our country, because people who

1896
01:48:27,279 --> 01:48:30,699
were born here can't even speak the language. Well played.

1897
01:48:30,699 --> 01:48:44,090
Well played. Well played. Well, I mean, I think now

1898
01:48:44,090 --> 01:48:44,090
by shutting the border, that was like such an easy

1899
01:48:44,090 --> 01:48:44,090
thing to do that I think it's kind of starting

1900
01:48:44,090 --> 01:48:46,059
to lower... the heat on this discussion that we could

1901
01:48:46,059 --> 01:48:49,340
maybe start to have a reasonable discussion of what to

1902
01:48:49,340 --> 01:48:51,699
do with the 20 million people who are here. And

1903
01:48:51,699 --> 01:48:53,479
now if they're criminals, they got to go. But if

1904
01:48:53,479 --> 01:48:55,680
they've been here for 20 years, we got to find

1905
01:48:55,680 --> 01:48:59,420
a solution because it's so, it costs us 50 to

1906
01:48:59,420 --> 01:49:03,479
$100,000 to deport somebody. But if you catch Milo Yiannopoulos

1907
01:49:03,479 --> 01:49:05,500
at the airport, it costs you very little. That costs

1908
01:49:05,500 --> 01:49:07,600
you very little. Just about $2,000. So that's the better

1909
01:49:07,600 --> 01:49:11,090
way to do it. I'm in agreement. I mean, I've

1910
01:49:11,090 --> 01:49:16,619
helped several people become legal. It costs about $5,000. I've

1911
01:49:16,619 --> 01:49:21,659
done it three times in my life, helped someone. But

1912
01:49:21,659 --> 01:49:24,210
they had been here for a very long time, you

1913
01:49:24,210 --> 01:49:26,840
know, back in the day when... Companies would go to

1914
01:49:26,840 --> 01:49:28,539
the border and say, hey, you want to work? And

1915
01:49:28,539 --> 01:49:30,789
they'd come on in. And it was just like, you

1916
01:49:30,789 --> 01:49:34,039
know, I'm in total agreement. The problem is that, and

1917
01:49:34,039 --> 01:49:38,119
we see it in Fredericksburg all the time. You know,

1918
01:49:38,119 --> 01:49:42,859
the cleaning ladies, the construction guys, the guys working in

1919
01:49:42,859 --> 01:49:47,720
the wineries, they're gone. And many of them have been

1920
01:49:47,720 --> 01:49:51,840
here for a long, long time. But it's quotas. There's

1921
01:49:51,840 --> 01:49:54,970
quotas for ICE and DHS. And I'm in agreement with

1922
01:49:54,970 --> 01:49:58,340
you. I wish we had a way for that. But

1923
01:49:58,340 --> 01:49:59,979
it seems like that...

1924
01:50:00,010 --> 01:50:04,899
That's passed. That decision is gone. Well, Trump has stopped...

1925
01:50:05,720 --> 01:50:08,079
He's taken the foot off the pedal because I think

1926
01:50:08,079 --> 01:50:10,170
it was so unpopular, you know, and it was causing

1927
01:50:10,170 --> 01:50:12,449
too much unrest. But it's a pretty simple, you know,

1928
01:50:12,449 --> 01:50:14,579
if you put economics to any of these problems, you

1929
01:50:14,579 --> 01:50:17,229
can typically find a good solution. So if people had

1930
01:50:17,229 --> 01:50:19,369
to pay their back taxes or they had to do

1931
01:50:19,369 --> 01:50:22,609
some sort of settlement to become legal, then again, the

1932
01:50:22,609 --> 01:50:24,399
front of the line would be filled with successful people

1933
01:50:24,399 --> 01:50:27,260
saying, you know what, I'll pay $3,000. in back taxes

1934
01:50:27,260 --> 01:50:30,020
or $6,000 in back taxes to become a legal citizen.

1935
01:50:31,020 --> 01:50:34,220
And that would, I think, again, if you don't, I

1936
01:50:34,220 --> 01:50:36,579
have great sympathy for somebody who doesn't have a job

1937
01:50:36,579 --> 01:50:40,930
and then sees, you know, 100 people working in their

1938
01:50:40,930 --> 01:50:44,539
community off the books, not paying taxes, getting cash under

1939
01:50:44,539 --> 01:50:47,439
the table. It's got to be incredibly frustrating. Well, and

1940
01:50:47,439 --> 01:50:50,689
guess what? If you go down the socialist route, which

1941
01:50:50,689 --> 01:50:53,500
I grew up with here in the Netherlands, what you

1942
01:50:53,500 --> 01:50:56,520
see is, oh, I hurt my back at work. I'm

1943
01:50:56,520 --> 01:50:59,140
going to be out for six months. My company will

1944
01:50:59,140 --> 01:51:01,619
have to pay 70% of my salary. gallery and I'm

1945
01:51:01,619 --> 01:51:03,960
just going to work hauling bricks on the side and

1946
01:51:03,960 --> 01:51:06,659
the neighbors see it. They see you double down. Oh,

1947
01:51:06,659 --> 01:51:10,199
yeah. Oh, yeah. Oh, yeah. And the neighbors see it.

1948
01:51:10,199 --> 01:51:12,550
Then the neighbors get mad. Then you get like neighborhood

1949
01:51:12,550 --> 01:51:15,100
fights over this stuff. And other people go, well, crap,

1950
01:51:15,100 --> 01:51:17,100
if he's doing it, I'm going to do it, too.

1951
01:51:17,329 --> 01:51:22,000
And it is bad here. It is really, really bad.

1952
01:51:22,100 --> 01:51:24,380
They've got a lot of problems. I think when you

1953
01:51:24,380 --> 01:51:27,369
steal from the... if you steal from the government, and

1954
01:51:27,369 --> 01:51:29,329
this kid, Nick Shirley, you guys, I think, have talked

1955
01:51:29,329 --> 01:51:32,930
about it a bit. He just walks up and somebody

1956
01:51:32,930 --> 01:51:34,689
gives him a list, like, hey, I think this is

1957
01:51:34,689 --> 01:51:37,020
fraud, and he uncovers fraud all the time. It's not

1958
01:51:37,020 --> 01:51:39,140
that difficult to find it, and so if it's not

1959
01:51:39,140 --> 01:51:41,970
that difficult to find it... You have to ask yourself,

1960
01:51:41,970 --> 01:51:44,119
like Occam's razor, like, why didn't we find it? It's

1961
01:51:44,119 --> 01:51:46,600
obviously people were in on it in our government. If

1962
01:51:46,600 --> 01:51:49,699
you're caught stealing from the government, I think they should

1963
01:51:49,699 --> 01:51:53,310
double the penalty because you're literally stealing from everybody. Hang

1964
01:51:53,310 --> 01:51:56,689
them. Hang him. Put it on TV. Give me the

1965
01:51:56,689 --> 01:52:01,189
rights. Dana Brunetti and I will produce it. Yes, we

1966
01:52:01,189 --> 01:52:03,220
will do it. He has no job, right? He just

1967
01:52:03,220 --> 01:52:04,970
made all this money and then went to a ranch

1968
01:52:04,970 --> 01:52:07,029
and he doesn't work anymore. He's got to get a

1969
01:52:07,029 --> 01:52:09,949
job. He called me and he texted me. He said,

1970
01:52:09,949 --> 01:52:12,699
hey, man, I want to do the show with you.

1971
01:52:12,699 --> 01:52:18,039
I'm like, okay. All right, line up, everybody. He only

1972
01:52:18,039 --> 01:52:20,789
does things he wants to work on. I think the

1973
01:52:20,789 --> 01:52:22,699
last... I'm not exactly sure, but I think the last

1974
01:52:22,699 --> 01:52:27,260
thing he did was Gran Turismo. Oh, yeah. Which was...

1975
01:52:27,260 --> 01:52:29,100
I thought it was a pretty fun movie, and it

1976
01:52:29,100 --> 01:52:31,050
was all paid for by Sony. So he just doesn't

1977
01:52:31,050 --> 01:52:33,479
want to... He says... He left at the top, man.

1978
01:52:33,560 --> 01:52:36,159
He was very smart. There's something to say about that.

1979
01:52:36,380 --> 01:52:38,739
Bought a lot of land. You know, got a good

1980
01:52:38,739 --> 01:52:42,439
looking wife. She's a lawyer. Nice. They live out on

1981
01:52:42,439 --> 01:52:46,279
the ranch. I mean, it kind of. And he used

1982
01:52:46,279 --> 01:52:49,079
to call John all the time. Wow. He loved John.

1983
01:52:49,279 --> 01:52:51,800
Yeah. Oh. He loved John. What do these guys talk

1984
01:52:51,800 --> 01:52:54,260
about? What's up? Ah, hey, Dana, what's going on in

1985
01:52:54,260 --> 01:52:57,010
Hollywood? See? Some of that. When am I going to

1986
01:52:57,010 --> 01:52:58,729
get a talk show in Hollywood? Who's it? I don't

1987
01:52:58,729 --> 01:53:00,119
know. When am I going to get a cameo, a

1988
01:53:00,119 --> 01:53:02,020
bit part? And who's really a- Nah, can you get

1989
01:53:02,020 --> 01:53:04,010
me a walk-on? I need a walk-on. Who's really a

1990
01:53:04,010 --> 01:53:05,859
pedophile out there? I want to be on Law &

1991
01:53:05,859 --> 01:53:08,170
Order. Can you make me a serial killer? See? I

1992
01:53:08,170 --> 01:53:09,800
want to be a serial killer on Law & Order.

1993
01:53:10,119 --> 01:53:12,189
That's what it is. Ladies and gentlemen, he is the

1994
01:53:12,189 --> 01:53:16,119
master of ceremonies of the All In podcast. Is that

1995
01:53:16,119 --> 01:53:18,699
once or twice a week, Jason? Just once a week.

1996
01:53:18,760 --> 01:53:20,220
Every Friday we drop it. We tape it at the

1997
01:53:20,220 --> 01:53:21,539
same time you do on Thursdays. Oh, you drop it?

1998
01:53:21,579 --> 01:53:23,659
You better pick it up, man. We drop it every

1999
01:53:23,659 --> 01:53:26,439
Friday. Oh, my goodness. Coming at you in the morning

2000
01:53:26,439 --> 01:53:29,880
from the hill country. Hey, man, I really appreciate it.

2001
01:53:29,899 --> 01:53:31,329
It was a lot of fun to catch. Fun to

2002
01:53:31,329 --> 01:53:33,560
catch up. Fun to catch up. Oh, yes. And by

2003
01:53:33,560 --> 01:53:40,239
the way, the story in The Hollywood Reporter that said

2004
01:53:40,239 --> 01:53:46,050
that Dana Brunetti was John's nephew was clearly, Brunetti called

2005
01:53:46,050 --> 01:53:50,220
the guy at Hollywood Reporter. The Hollywood Reporter didn't want

2006
01:53:50,220 --> 01:53:52,189
to put it in. didn't want to do the O

2007
01:53:52,189 --> 01:53:54,239
bit. And he said, but he's my uncle. I'm his

2008
01:53:54,239 --> 01:53:57,199
nephew. And then they put it in. Oh my God.

2009
01:53:57,220 --> 01:53:59,020
So they lied about his age. These guys are media

2010
01:53:59,020 --> 01:54:02,930
hacking. They get great. Literally, there's no fact checking. I

2011
01:54:02,930 --> 01:54:06,489
mean, the Dunning-Kruger effect or whatever that is, it's just

2012
01:54:06,489 --> 01:54:09,239
so profound. Perfect, because every time I read a story

2013
01:54:09,239 --> 01:54:12,300
about something I know about, I'm like, this is complete,

2014
01:54:12,300 --> 01:54:16,359
utter nonsense. It's like 20% true. Gilman amnesia, baby. Gilman

2015
01:54:16,359 --> 01:54:20,039
amnesia, man. It's just nuts. All right, listen, everybody. Get

2016
01:54:20,039 --> 01:54:23,750
your donations out. Donate to the show. Support, you know,

2017
01:54:23,750 --> 01:54:28,720
John's family. Very important. 33 33 88 88 whatever you

2018
01:54:28,720 --> 01:54:31,840
got just do something you ungrate no you guys be

2019
01:54:31,840 --> 01:54:34,069
grateful for the show you got to keep it going

2020
01:54:34,069 --> 01:54:36,970
keep the show going get your paypal that's what i

2021
01:54:36,970 --> 01:54:39,090
did every anytime i win a big poker game i

2022
01:54:39,090 --> 01:54:40,930
would win these poker games and then i'd be like

2023
01:54:40,930 --> 01:54:43,069
you know what i appreciate what you guys are doing

2024
01:54:43,069 --> 01:54:44,710
i pop out my paypal i zip a little paypal

2025
01:54:44,710 --> 01:54:46,750
to you guys easy peasy i love you brother thank

2026
01:54:46,750 --> 01:54:48,939
you so much i love you too bro let's let's

2027
01:54:48,939 --> 01:54:51,229
let's get i'll come out to frasersburg maybe i can

2028
01:54:51,229 --> 01:54:53,010
get in on this chess action with you we can

2029
01:54:53,010 --> 01:54:56,329
have a steak or something anytime you want monday monday

2030
01:54:56,329 --> 01:54:59,220
morning that's is that when the chess is going on

2031
01:54:59,220 --> 01:55:01,689
old man chess that's when chess is taking place i

2032
01:55:01,689 --> 01:55:04,210
want to get in on old man chess that sounds

2033
01:55:04,210 --> 01:55:06,960
like a party to me all right thank you so

2034
01:55:06,960 --> 01:55:10,819
much jason okay bye-bye from the people who emptied the

2035
01:55:10,819 --> 01:55:16,159
cupboard to fight the six-month little excursion a miracle in

2036
01:55:16,159 --> 01:55:22,020
the western hemisphere 65 billion barrels world's biggest oil deal

2037
01:55:22,020 --> 01:55:26,210
and the best part no contract no problem if you

2038
01:55:26,210 --> 01:55:29,560
can't read it you can't doubt it gas is going

2039
01:55:29,560 --> 01:55:32,800
down america Just as soon as we find the paper.

2040
01:55:33,159 --> 01:55:38,449
Old boss collected. New boss connected. 17 fields. 100 year

2041
01:55:38,449 --> 01:55:42,680
lease. 55% of a company that isn't a company yet.

2042
01:55:43,640 --> 01:55:47,600
Pentagon rest the checkbook. Private partners do the drilling. Taxpayer.

2043
01:55:48,060 --> 01:55:52,359
Complementary. Strategic reserve. Lowest in 44 years. Lucky for... us

2044
01:55:52,359 --> 01:55:56,560
faith is a renewable resource fill the tank fill the

2045
01:55:56,560 --> 01:56:04,939
spark fill the ad before November details later deal structure

2046
01:56:04,939 --> 01:56:08,619
not released at time of broadcast heavy crude may require

2047
01:56:08,619 --> 01:56:12,840
billions in infrastructure not included in no cost offer Take

2048
01:56:12,840 --> 01:56:15,670
at cost is a feeling, not a filing. Results may

2049
01:56:15,670 --> 01:56:19,369
vary by midterm. If prices do not descend, see your

2050
01:56:19,369 --> 01:56:22,470
local slogan. Can I get a barrel? Can I get

2051
01:56:22,470 --> 01:56:24,779
a vote? Lay your hands on the pump, brothers and

2052
01:56:24,779 --> 01:56:27,460
sisters, and receive the discount. You don't need a PDF.

2053
01:56:27,699 --> 01:56:29,760
When you have a posting. You don't need a map.

2054
01:56:29,819 --> 01:56:33,899
When you have a mandate. 65 billion reasons to believe.

2055
01:56:33,899 --> 01:56:38,260
The tank is full. No contract. No problem. No Maduro.

2056
01:56:38,500 --> 01:56:42,819
More inventory. Hormos can keep the headache. We just bought

2057
01:56:42,819 --> 01:56:47,880
the hemisphere. Ask for it by name. The biggest oil

2058
01:56:47,880 --> 01:56:55,520
deal in world history. Available now. Documentation sold separately. Amen.

2059
01:56:56,260 --> 01:57:04,810
And fill her up. Yo, Jess Baker doing it for

2060
01:57:04,810 --> 01:57:07,579
us again. Thank you very much to Jason Kalkanis. And

2061
01:57:07,579 --> 01:57:11,119
he led us perfectly into the value for value portion

2062
01:57:11,119 --> 01:57:15,300
of the podcast because indeed, everything you hear here is

2063
01:57:15,300 --> 01:57:19,659
supported by you. Time, talent, treasure, so many different ways

2064
01:57:19,659 --> 01:57:23,109
you can support the show. Of course, And we would

2065
01:57:23,109 --> 01:57:25,939
love for you to listen to us live when possible

2066
01:57:25,939 --> 01:57:29,489
on a modern podcast app. Go to podcastapps.com. You will

2067
01:57:29,489 --> 01:57:31,989
get the bat signal. You can listen live. And whenever

2068
01:57:31,989 --> 01:57:34,850
we publish, if everything goes according to plan, you should

2069
01:57:34,850 --> 01:57:38,359
get that updated within 90 seconds. No waiting for legacy

2070
01:57:38,359 --> 01:57:42,350
app. So please don't wait around for that. Part of

2071
01:57:42,350 --> 01:57:45,029
the value for value, man, so many people have done

2072
01:57:45,029 --> 01:57:48,170
so many wonderful things, boots on the ground, artwork. I

2073
01:57:48,170 --> 01:57:52,109
want to thank, see, the last episode with Matt Long

2074
01:57:52,109 --> 01:57:57,199
was episode 1898 titled Goofy Foot and Parker Pauly, who

2075
01:57:57,199 --> 01:58:01,060
is a black knight. I did a very interesting Don't

2076
01:58:01,060 --> 01:58:04,300
Tread on Me with the tires. Actually. Actually, I got

2077
01:58:04,300 --> 01:58:07,210
a, let me see, I had a note from, let

2078
01:58:07,210 --> 01:58:10,260
me see, where is my note? Got a note from

2079
01:58:10,260 --> 01:58:17,100
one of our producers about this. Let me see. Tim.

2080
01:58:17,500 --> 01:58:23,680
No, was it Tim? Tim. Uh... No, Alex. Alex, that's

2081
01:58:23,680 --> 01:58:27,250
right, Alex. He was sales manager for a global tire

2082
01:58:27,250 --> 01:58:30,640
manufacturer for over a decade in the commercial vehicle sector.

2083
01:58:30,960 --> 01:58:34,500
We're closely with colleagues in the passenger and light truck

2084
01:58:34,500 --> 01:58:36,850
industry So as California goes, so does the rest of

2085
01:58:36,850 --> 01:58:39,899
the country, and their regulations push their way into the

2086
01:58:39,899 --> 01:58:43,359
rest of the U.S. Replacement tires are superior to the

2087
01:58:43,359 --> 01:58:47,250
tires that come on your new vehicles. Aha. I think

2088
01:58:47,250 --> 01:58:53,949
basically what he's saying here is that the Obama-era greenhouse

2089
01:58:53,949 --> 01:58:58,539
gas rules put rolling resistant targets on original equipment tires

2090
01:58:58,539 --> 01:59:01,260
and degraded them for over a decade. And I think

2091
01:59:01,260 --> 01:59:04,520
we're probably going the same way with our replacement tires.

2092
01:59:05,319 --> 01:59:07,699
You'll probably, instead of getting 50 to 70,000 miles, you

2093
01:59:07,699 --> 01:59:11,039
get 30 to 40,000. So good work, everybody. Good work,

2094
01:59:11,039 --> 01:59:16,229
California. That's part of your affordability agenda. Screwing everybody because

2095
01:59:16,229 --> 01:59:21,059
that's the way California goes. So thank you, Parker Pauly,

2096
01:59:21,059 --> 01:59:24,880
for that. And let me see. There were some other,

2097
01:59:24,880 --> 01:59:27,840
I think there were a couple other pieces of art.

2098
01:59:27,940 --> 01:59:31,220
Now, I'm selecting by myself. Luckily, I've got the troll

2099
01:59:31,220 --> 01:59:33,859
room. I think it was Eric PP helping me out

2100
01:59:33,859 --> 01:59:38,390
with titles. Let me see. I'm always looking, obviously, for

2101
01:59:38,390 --> 01:59:42,059
something with the guest host's name. And what was there?

2102
01:59:42,960 --> 01:59:47,069
I liked Nestworks. I used the bat signal with your

2103
01:59:47,069 --> 01:59:50,199
piece of art. Let me see. Was there anything else?

2104
01:59:50,199 --> 01:59:53,390
A couple of tires thing. Yeah, some cows. Man, this

2105
01:59:53,390 --> 01:59:56,779
is really it. Parker Pauly really had the best one.

2106
01:59:57,300 --> 01:59:59,979
Much appreciated, man. Now I want to thank.

2107
02:00:00,000 --> 02:00:03,239
people $50 and above who supported us with their treasure

2108
02:00:03,239 --> 02:00:08,979
as always we have the 33 33 33 order of

2109
02:00:08,979 --> 02:00:13,539
the ant which will continue for a while also Thursday

2110
02:00:13,539 --> 02:00:15,029
is going to be my birthday I don't know if

2111
02:00:15,029 --> 02:00:17,079
we're going to do anything special for that I'm not

2112
02:00:17,079 --> 02:00:20,409
lying about my age I'll be 62 We always thank

2113
02:00:20,409 --> 02:00:23,479
our executive and associate executive producers at the top of

2114
02:00:23,479 --> 02:00:26,119
the show. These are people who are fortunate enough to

2115
02:00:26,119 --> 02:00:29,170
support us with $200 or more. That gives you the

2116
02:00:29,170 --> 02:00:32,699
title of associate executive producer. We will read your note

2117
02:00:32,699 --> 02:00:35,060
in full detail. And of course, that is a credit

2118
02:00:35,060 --> 02:00:39,119
that is good anywhere credits are recognized. Real official production

2119
02:00:39,119 --> 02:00:42,310
credits like imdb.com, LinkedIn. You can put it anywhere you

2120
02:00:42,310 --> 02:00:46,479
want. At $300 or above, And that is a executive

2121
02:00:46,479 --> 02:00:49,800
producer. Same credit. And Stuart Green comes in from Asheville,

2122
02:00:49,800 --> 02:00:53,949
North Carolina with $1,000. Thank you. Donation for knighthood. You

2123
02:00:53,949 --> 02:00:57,579
will be known as Sir Troubleshooter momentarily. He says, in

2124
02:00:57,579 --> 02:00:59,600
memory of JCD, so we're going to keep this short,

2125
02:00:59,600 --> 02:01:02,159
I rolled into No Agenda from the daily source code.

2126
02:01:02,159 --> 02:01:05,279
He's a folder, not a scruncher. Jessica, I'm presuming that's

2127
02:01:05,279 --> 02:01:08,750
his wife, started listening while we were dating. 18 years

2128
02:01:08,750 --> 02:01:11,369
of marriage and two kids who have been raised on

2129
02:01:11,369 --> 02:01:14,539
No Agenda later, here we are. Holy moly. And you

2130
02:01:14,539 --> 02:01:17,380
never had a fight, I'm just guessing. We meant to

2131
02:01:17,380 --> 02:01:19,609
do this a long time ago. John's passing was a

2132
02:01:19,609 --> 02:01:21,670
stark reminder to take care of the things that are

2133
02:01:21,670 --> 02:01:24,380
important while you have the time. Value for value. Thank

2134
02:01:24,380 --> 02:01:27,279
you for your courage. Stuart and Jessica from Asheville, North

2135
02:01:27,279 --> 02:01:30,289
Carolina. And I want to thank everyone who has emailed

2136
02:01:30,289 --> 02:01:32,739
me and said, hey, you know, I feel bad. I

2137
02:01:32,739 --> 02:01:35,550
never told John how much I appreciate him. So now

2138
02:01:35,550 --> 02:01:39,970
they're telling me. Which makes me feel like, how long

2139
02:01:39,970 --> 02:01:42,859
will I last? And would you look at this, Jessica

2140
02:01:42,859 --> 02:01:46,789
Green, right underneath Stewart comes in with $1,000 from Asheville,

2141
02:01:46,789 --> 02:01:49,939
North Carolina. And this is a donation for her knighthood,

2142
02:01:49,939 --> 02:01:53,319
but she means her damehood. She'll be Dame Doula at

2143
02:01:53,319 --> 02:01:59,630
your cervix. Now that's a great dame name. Sir Salahhauser,

2144
02:01:59,630 --> 02:02:02,859
Melbourne, Florida, $1,000. He misses JCD. He says, I can

2145
02:02:02,859 --> 02:02:05,479
hear him now in heaven talking with God and saying

2146
02:02:05,479 --> 02:02:08,329
either, it's a scam or, oh, that's bull crap. Maybe,

2147
02:02:08,329 --> 02:02:12,149
maybe not, Sir Salahhauser. Sir Salahhauser. Sir Ty of God's

2148
02:02:12,149 --> 02:02:16,260
Flat Earth, 343.75. I'm presuming that is an order of

2149
02:02:16,260 --> 02:02:19,510
the and plus fees. Thank you. 2026 is the 40th

2150
02:02:19,510 --> 02:02:22,670
anniversary of my birth and 10th anniversary of discovering no

2151
02:02:22,670 --> 02:02:25,510
agenda. Adam, I prayed for your salvation before it even

2152
02:02:25,510 --> 02:02:28,819
happened. Love to see God answer prayers. Missing JCD every

2153
02:02:28,819 --> 02:02:32,420
day. Love you, brother. I love you too. Erica Wilka.

2154
02:02:32,909 --> 02:02:36,899
333.33 plus the fees. ITM citizens, I am proud to

2155
02:02:36,899 --> 02:02:38,550
join the Order of the Ant and have become a

2156
02:02:38,550 --> 02:02:41,739
baronet. A baronetess, I would. Oh, it's Eric. Yes, Eric

2157
02:02:41,739 --> 02:02:45,600
Wilcox. A baronet. Correct. I usually find myself humming, I've

2158
02:02:45,600 --> 02:02:48,470
got ants, when dealing with them at my house. I

2159
02:02:48,470 --> 02:02:51,510
will miss hearing John my condolences and continued prayers for

2160
02:02:51,510 --> 02:02:54,960
Adam, the Dvorak clan, and the no agenda family. Adam,

2161
02:02:54,960 --> 02:02:58,140
there's a great amateur sumo tournament coming up in November

2162
02:02:58,140 --> 02:03:02,260
near you, the Consultants' Cup. I competed in it twice

2163
02:03:02,260 --> 02:03:04,619
and had a great time. Justin and his club, Dark

2164
02:03:04,619 --> 02:03:08,079
Circle Sumo, put on a great tournament. More details at

2165
02:03:08,079 --> 02:03:13,130
darkcirclesumo.com. And this is the sixth annual Consultants Cup Sumo

2166
02:03:13,130 --> 02:03:16,579
Tournament. Love the show. Thank you for your courage, Sir

2167
02:03:16,579 --> 02:03:22,789
Eric Wilka. Dr. Sir One Awesome, Jason PhD, 343.75. That's

2168
02:03:22,789 --> 02:03:24,739
an order of the Ant Plus fees. And we thank

2169
02:03:24,739 --> 02:03:31,550
you very much. Tom Babin, San Diego, California. $343.75, Order

2170
02:03:31,550 --> 02:03:34,119
of the Ant Plus Fees. Taking JCD's advice, I put

2171
02:03:34,119 --> 02:03:36,579
my phone in a drawer to focus on family while

2172
02:03:36,579 --> 02:03:39,489
on a July-August vacation in Europe. So I didn't learn

2173
02:03:39,489 --> 02:03:42,220
the tragic news until coming back a couple weeks ago.

2174
02:03:42,720 --> 02:03:45,890
I've been profoundly sad ever since, but I finally pulled

2175
02:03:45,890 --> 02:03:48,130
it together and did what John would have wanted me

2176
02:03:48,130 --> 02:03:50,630
to do, donate and become a member of the Order

2177
02:03:50,630 --> 02:03:54,039
of the Ants. So many memories from PC, Mag, ZDTV,

2178
02:03:54,039 --> 02:03:57,630
Twit, No Agenda, DH Unplugged. Thanks for helping me maintain

2179
02:03:57,630 --> 02:04:01,340
sanity while raising two young human resources with my smoking

2180
02:04:01,340 --> 02:04:04,329
hot wife in these interesting times. You'll be greatly missed

2181
02:04:04,329 --> 02:04:07,300
but never forgotten. My heartfelt condolences go out to the

2182
02:04:07,300 --> 02:04:09,979
Dvorak family and to you, Adam. Tom Babin from San

2183
02:04:09,979 --> 02:04:15,979
Diego, California. Catherine Nicholas, 33333, Dear Adam, thank you for

2184
02:04:15,979 --> 02:04:19,770
carrying the torch through John's illness and passing. You've shouldered

2185
02:04:19,770 --> 02:04:21,720
so much while grieving the loss of your dear friend

2186
02:04:21,720 --> 02:04:24,779
yourself and your strength and dedication have not gone unnoticed.

2187
02:04:25,279 --> 02:04:28,560
And congratulations on becoming a grandfather. What a beautiful blessing

2188
02:04:28,560 --> 02:04:30,649
and bright spot in the midst of such a difficult

2189
02:04:30,649 --> 02:04:34,659
season. Indeed, a roller coaster. With love and gratitude, Katie

2190
02:04:34,659 --> 02:04:37,949
and Will. Thank you, Katie and Will. Sir Joe Foe,

2191
02:04:37,949 --> 02:04:41,699
33333, ITM, seems to be a season of change for

2192
02:04:41,699 --> 02:04:45,720
me, the show, and the world. Listening since 2016, happy

2193
02:04:45,720 --> 02:04:48,220
to finally welcome Jason today. Yes, it was fun to

2194
02:04:48,220 --> 02:04:50,680
have him on. I chipped in 33 value for value

2195
02:04:50,680 --> 02:04:52,840
to him on X money, which I think he gives

2196
02:04:52,840 --> 02:04:55,680
away. Adam, grateful to have recently found we get to

2197
02:04:55,680 --> 02:04:58,699
do this as well. All the best, Sir Joe Foe.

2198
02:04:58,970 --> 02:05:03,420
Peter Bickford, 33333. And there's no note, so he will

2199
02:05:03,420 --> 02:05:07,010
receive a Double Up Karma. You've got... Double Up! Double

2200
02:05:07,010 --> 02:05:13,180
Up! And there is the Indianapolis Noah Jenner meetup, Greenwood,

2201
02:05:13,180 --> 02:05:17,869
Indiana, 333. It's a switcheroo. um raymond lee he won

2202
02:05:17,869 --> 02:05:20,600
the raffle and he will receive the order of the

2203
02:05:20,600 --> 02:05:23,340
ant he says hi no agenda nation i'm traveling across

2204
02:05:23,340 --> 02:05:25,869
the country with my smoking hot wife and two toddling

2205
02:05:25,869 --> 02:05:28,699
human resources we made the indy no agenda meetup a

2206
02:05:28,699 --> 02:05:31,699
stop along our way they were very welcoming and we

2207
02:05:31,699 --> 02:05:35,239
all had a great time definitely recommend connection is indeed

2208
02:05:35,239 --> 02:05:37,710
protection also i'm now a knight Happy to be in

2209
02:05:37,710 --> 02:05:40,439
such esteemed company. Night name, Sir Raymond. You got it,

2210
02:05:40,439 --> 02:05:43,979
Sir Raymond. And then we have the drunken minstrel himself,

2211
02:05:43,979 --> 02:05:48,399
Sir Chris Wilson, coming in with $2.66 and 70 cents.

2212
02:05:49,060 --> 02:05:51,560
And he says, in the morning, Adam, an invited guest.

2213
02:05:51,560 --> 02:05:54,229
We all remember how John hated long donation letters, so

2214
02:05:54,229 --> 02:05:57,060
please find an attached copy of War and Peace in

2215
02:05:57,060 --> 02:06:01,960
his honor. Greetings from the Antipodes, or as you may

2216
02:06:01,960 --> 02:06:05,460
also know, the former prison colony of His Majesty King

2217
02:06:05,460 --> 02:06:09,729
Chucky 3.0, bless his reptilian heart, the authoritarian hellscape known

2218
02:06:09,729 --> 02:06:14,359
as Australia. Pronounced Straya, or in a more formal setting,

2219
02:06:14,359 --> 02:06:17,939
Straya Cunt. You got me, Chris. We are the only

2220
02:06:17,939 --> 02:06:20,760
country in the Commonwealth or common debt to have by

2221
02:06:20,760 --> 02:06:25,229
ministerial edict and without judicial review prescribed a registered political

2222
02:06:25,229 --> 02:06:28,399
party as a banned hate group, threatened their members with

2223
02:06:28,399 --> 02:06:30,810
10 to 13 years in prison and forced its leader

2224
02:06:30,810 --> 02:06:33,000
to seek leave from the High Court of Australia to

2225
02:06:33,000 --> 02:06:35,659
be allowed to fundraise and launch a legal appeal against

2226
02:06:35,659 --> 02:06:39,500
the prescription. because technically, under the new hate speech laws,

2227
02:06:39,619 --> 02:06:42,680
filing a legal challenge and donating or collecting to pay

2228
02:06:42,680 --> 02:06:46,159
for said legal challenge is providing material support and promotion

2229
02:06:46,159 --> 02:06:49,340
of a prescribed hate group, a crime that attracts 10

2230
02:06:49,340 --> 02:06:52,689
to 13 years in prison. Yeah. Still, given that level

2231
02:06:52,689 --> 02:06:56,130
of outright suppression of political expression, I think that... In

2232
02:06:56,130 --> 02:06:59,350
the north of you is faring somewhat worse. It's getting

2233
02:06:59,350 --> 02:07:02,039
cold there. Everyone seems to be a bit more gay.

2234
02:07:02,359 --> 02:07:05,260
Enough complaining. On behalf of the Sydney Noagent Meetup Mob,

2235
02:07:05,340 --> 02:07:11,300
please accept our humble donation of $388.33 plus fees. We

2236
02:07:11,300 --> 02:07:13,229
wish it was more. Okay, so that, I have to

2237
02:07:13,229 --> 02:07:17,199
mark that. So that will be a... That'll be an

2238
02:07:17,199 --> 02:07:19,460
order of the ant then, I guess. I'm not sure

2239
02:07:19,460 --> 02:07:21,789
who to send it to because we do... Well, at

2240
02:07:21,789 --> 02:07:25,479
least it'll be executive producer for sure. We wish it

2241
02:07:25,479 --> 02:07:30,489
was more, but if you... Oops. Wish it was more,

2242
02:07:30,489 --> 02:07:35,739
but if you exchange it... For Bitcoin, by next Wednesday,

2243
02:07:35,739 --> 02:07:38,260
it will probably be more. Adam, our collective heart goes

2244
02:07:38,260 --> 02:07:40,779
out to you, Tina, all the Dvoraks, Andrew Horowitz, Dana,

2245
02:07:40,779 --> 02:07:43,149
all of Gitmo Nation. The universe lost the legend, but

2246
02:07:43,149 --> 02:07:45,789
we still have something more valuable, even more valuable than

2247
02:07:45,789 --> 02:07:48,560
Bitcoin. We have a network of high trust, critical thinkers

2248
02:07:48,560 --> 02:07:51,319
in real life who understand the value for value exchange.

2249
02:07:52,039 --> 02:07:54,619
This we get to keep. Seems to be like a

2250
02:07:54,619 --> 02:07:57,000
band member that has been a band that has lost

2251
02:07:57,000 --> 02:07:59,920
a member, no matter what you do. That specific magic,

2252
02:07:59,920 --> 02:08:02,750
that unique chemistry, goes with them. But you don't stop

2253
02:08:02,750 --> 02:08:04,920
when there's new music to be made. You get together

2254
02:08:04,920 --> 02:08:07,260
and you let the chemistry brew. You find the new

2255
02:08:07,260 --> 02:08:09,939
magic. And with the right people, music just happens. It's

2256
02:08:09,939 --> 02:08:12,909
different, but it's music from people you love. As Sir

2257
02:08:12,909 --> 02:08:15,880
Felix said, we must secure the existence of our podcast

2258
02:08:15,880 --> 02:08:19,859
for future Gitmo Nation children. My Mossad handler, Brian of

2259
02:08:19,859 --> 02:08:22,229
London, spotted what I did there and has approved the

2260
02:08:22,229 --> 02:08:24,729
use of the number 1533 as a signal to other

2261
02:08:24,729 --> 02:08:27,479
producers that we were here for the long haul. Adam,

2262
02:08:27,479 --> 02:08:30,359
thank you. Thank you. You're doing God's work. A de-douche

2263
02:08:30,359 --> 02:08:34,960
for everyone at the meeting. You've been de-douched. Thank you

2264
02:08:34,960 --> 02:08:38,119
for your courage. Sir Chris Wilson for Sir Nathan, Phil,

2265
02:08:38,119 --> 02:08:41,159
Danny, Custom, Carl, Mark, Steve, Tom, Alex, and our ring

2266
02:08:41,159 --> 02:08:44,579
in Daniel, if I missed anyone. Do we qualify as

2267
02:08:44,579 --> 02:08:48,619
a collective for an executive producer credit? Yes, you do.

2268
02:08:49,100 --> 02:08:54,149
Happy to do that. . $250 from Manuka Gold, manukagold.com,

2269
02:08:54,149 --> 02:08:56,750
from the Manuka Gold family. In an uncertain world, we

2270
02:08:56,750 --> 02:08:59,380
appreciate No Agenda showing up week after week to keep

2271
02:08:59,380 --> 02:09:01,739
things in perspective. We're always happy to do our small

2272
02:09:01,739 --> 02:09:04,680
part to help support the engine for this awesome community.

2273
02:09:05,159 --> 02:09:07,449
We do have a special No Agenda sale at manukagold.com

2274
02:09:07,449 --> 02:09:11,130
for the listeners looking for 20% off. Code TREASURE will

2275
02:09:11,130 --> 02:09:14,819
work until Labor.com. and is stackable with our big end

2276
02:09:14,819 --> 02:09:19,350
of summer promotion. And there's Gigawatt Coffee Roasters from Bensonville,

2277
02:09:19,350 --> 02:09:21,890
Illinois. Eli, the coffee guy, he says, Noah Jen has

2278
02:09:21,890 --> 02:09:25,550
the best producers ever. He comes in with $208.30, always

2279
02:09:25,550 --> 02:09:29,039
$200 plus to date. The quote from the millennial rancher

2280
02:09:29,039 --> 02:09:31,210
on the last show really resonated with me. That was

2281
02:09:31,210 --> 02:09:34,539
the anonymous Zoomer rancher, actually. The only limit to success

2282
02:09:34,539 --> 02:09:37,690
is the creativity of your mind. That quote truly embodies

2283
02:09:37,690 --> 02:09:40,059
the American spirit and probably hits home with a lot

2284
02:09:40,059 --> 02:09:42,390
of fellow producers. I also want to plug an upcoming

2285
02:09:42,390 --> 02:09:46,550
Chicagoland meetup I'm putting together at Hailstorm Brewing in Tinley

2286
02:09:46,550 --> 02:09:49,220
Park. On September 12th, I urge all those in Gitmo

2287
02:09:49,220 --> 02:09:51,779
Nation who have never been to a meetup to either

2288
02:09:51,779 --> 02:09:54,079
start one or go to one. They're a blast. And

2289
02:09:54,079 --> 02:09:56,449
everyone, everybody wants a good cup of coffee at a

2290
02:09:56,449 --> 02:09:59,979
great price. Yes, visit gigawattcoffeeroasters.com. Use code IPW.

2291
02:10:00,000 --> 02:10:02,880
ITM 20 for 20% off your order. As always, stay

2292
02:10:02,880 --> 02:10:07,010
caffeinated, says Eli the Coffee Guy. And there's the Indianapolis

2293
02:10:07,010 --> 02:10:12,579
Noah Jindal meetup. This is the second switcheroo. $200 for

2294
02:10:12,579 --> 02:10:16,090
Annette Miller towards her Damehood. The indie meetup last week

2295
02:10:16,090 --> 02:10:18,420
was a big one. I finally get to claim Damehood.

2296
02:10:18,520 --> 02:10:20,319
You've always referred to me as such. Yes, I have,

2297
02:10:20,319 --> 02:10:23,199
because you've done real work on all those meetup reports.

2298
02:10:23,279 --> 02:10:25,289
We have another one today. Sorry I didn't make it

2299
02:10:25,289 --> 02:10:27,579
before the loss of the great JCD. It makes the

2300
02:10:27,579 --> 02:10:30,899
moment bittersweet, as always. Shout out to my genius firstborn

2301
02:10:30,899 --> 02:10:34,369
in New York by way of Austin. Sir Ryan and

2302
02:10:34,369 --> 02:10:37,010
to the Indy crew, the best punch of rabbit hole

2303
02:10:37,010 --> 02:10:39,359
diggers this side of the Mississippi. Can I please? Oh,

2304
02:10:39,359 --> 02:10:43,359
boogity boogity. Yeah, I should have gotten you a boogity

2305
02:10:43,359 --> 02:10:50,510
boogity. Hold on a second. Where am I? Boogity. Why

2306
02:10:50,510 --> 02:10:59,579
is Boogity not coming up? Boogity. Boogity. Come on. Okay.

2307
02:10:59,979 --> 02:11:05,789
Yes. Boogity, boogity. Sorry about that. Along with a chilled

2308
02:11:05,789 --> 02:11:11,020
bottle of Elijah Craig grilled prime rib and a homemade

2309
02:11:11,020 --> 02:11:13,630
black raspberry pie for the table. Thanks for the years

2310
02:11:13,630 --> 02:11:16,680
of enlightenment, Adam. And please dub me Dame Near Perfect.

2311
02:11:17,100 --> 02:11:26,060
And that's from Annette Miller. Boogity, boogity, boogity, boogity And

2312
02:11:26,060 --> 02:11:29,439
there's Lena Lupatkin from Castle Rock, Colorado, $200. She wants

2313
02:11:29,439 --> 02:11:32,939
jobs karma, and she says, AI can write your resume.

2314
02:11:33,079 --> 02:11:35,960
The problem is it can write everyone else's too. Linda

2315
02:11:35,960 --> 02:11:39,000
helps professionals and executives figure out what makes them different,

2316
02:11:39,000 --> 02:11:41,430
what makes them valuable, and turns that value into a

2317
02:11:41,430 --> 02:11:46,020
resume that gets results. Go to ImageMakersInc.com. That's ImageMakersInc with

2318
02:11:46,020 --> 02:11:48,300
a K. And Linda Liu, Duchess of Jobs and writer

2319
02:11:48,300 --> 02:11:51,250
of winning resumes, because your resume should do more than

2320
02:11:51,250 --> 02:11:56,449
just look good. Jobs, jobs, jobs, and jobs. Let's vote

2321
02:11:56,449 --> 02:12:02,039
for jobs! And that wraps up our executive and associate

2322
02:12:02,039 --> 02:12:06,579
executive producers for episode 1899. We are almost at 1900.

2323
02:12:07,060 --> 02:12:10,500
Remember, these credits are good anywhere Hollywood credits are recognized,

2324
02:12:10,500 --> 02:12:15,789
which includes imdb.com. Our formula is this. We go out,

2325
02:12:15,789 --> 02:12:30,100
we hit people in the mouth. Whoa! Order! And I

2326
02:12:30,100 --> 02:12:34,189
realized I forgot to do the troll count. This is

2327
02:12:34,189 --> 02:12:41,399
great. The peak trollage was 1,234. 1,200... And 34. Wow.

2328
02:12:41,619 --> 02:12:46,720
Welcome back, trolls. Thanking the rest, $50 and above, as

2329
02:12:46,720 --> 02:12:50,520
we always do, there's Kevin McLaughlin, the Archduke of Luna,

2330
02:12:50,520 --> 02:12:54,000
lover of America and boobs. And he comes in with

2331
02:12:54,000 --> 02:12:56,840
8008. Thank you very much. Amanda Smith with the same

2332
02:12:56,840 --> 02:13:00,710
amount. And she's from Noblesville, Indiana. Happy birthday to Scott

2333
02:13:00,710 --> 02:13:03,279
Smith. I had the date wrong last year, making it

2334
02:13:03,279 --> 02:13:05,670
up by donation in his name. Big Smitty is 55

2335
02:13:05,670 --> 02:13:09,350
on Friday the 4th. Leszter Kauspie with the small one,

2336
02:13:09,350 --> 02:13:15,359
6006. Marco in Den Haag, 5555. Got your email. He

2337
02:13:15,359 --> 02:13:20,020
does want a dedouching. Thank you, Marco. You've been dedouched.

2338
02:13:20,260 --> 02:13:23,470
Foster Birch in New York, New York 52. I think

2339
02:13:23,470 --> 02:13:26,739
it's 50 plus fees. Dame Nancy of the Confused, San

2340
02:13:26,739 --> 02:13:33,189
Bruno, California, 52.44. Thank you. Nathan Noel, or Noel, of

2341
02:13:33,189 --> 02:13:36,479
Nederland, Texas, 50. Oh, these are the 50s. Joshua Johnson,

2342
02:13:36,699 --> 02:13:40,960
Omaha, Nebraska, Terrence Clark in Jacksonville Beach, Florida, Tony Lang,

2343
02:13:41,060 --> 02:13:44,000
Castle Pines, Colorado. And that wraps it up. Everyone else's

2344
02:13:44,000 --> 02:13:47,420
is 49.99 or below. We never reach that number for

2345
02:13:47,420 --> 02:13:50,079
reasons of anonymity. And we thank you all very much

2346
02:13:50,079 --> 02:13:59,500
for supporting the best podcast in the universe. Thank you.

2347
02:13:59,500 --> 02:14:03,800
And remember, you can always go to noagendadonations.com, and you

2348
02:14:03,800 --> 02:14:07,119
can always email us, notes at noagendashow.net, for your birthdays.

2349
02:14:07,500 --> 02:14:10,470
Amanda Smith, happy birthday to Scott Smith, he turns 55

2350
02:14:10,470 --> 02:14:13,520
one day after my birthday on September 4th. And Sir

2351
02:14:13,520 --> 02:14:16,670
Ty of God's Flat Earth turns 40 years old. We

2352
02:14:16,670 --> 02:14:19,359
say happy birthday from everybody here at the best podcast

2353
02:14:19,359 --> 02:14:27,500
in the universe. Yes, sir. First day, yeah! Oh! ¶¶

2354
02:14:31,100 --> 02:14:36,159
Order of the Ant. That's right. Congratulations to our Order

2355
02:14:36,159 --> 02:14:39,819
of the Ant Pin Awardees, which will be in the

2356
02:14:39,819 --> 02:14:43,890
mail to you shortly. Stuart Green, Jessica Green, Sir Salahauser,

2357
02:14:43,890 --> 02:14:47,340
Sir Ty of God's Flat Earth, Eric Wilka, Dr. Sir

2358
02:14:47,340 --> 02:14:52,149
One Awesome Jason, PhD, Tom Babin, Catherine Nicholas, Sir Joe

2359
02:14:52,149 --> 02:14:56,119
Foe, Peter Brickford, and Raymond Lee. Remember, you can become

2360
02:14:56,119 --> 02:15:00,010
a member of the Order of the Ant, 333.33. Go

2361
02:15:00,010 --> 02:15:08,689
to noagendadonations.com. Order of the End. And we've got two

2362
02:15:08,689 --> 02:15:11,840
knights and two dames to bring up today, so we

2363
02:15:11,840 --> 02:15:17,800
welcome Jessica Green, Annette Miller, Stuart Green, and Raymond Lee.

2364
02:15:17,800 --> 02:15:19,850
Thanks to your support of the Noah Jenner Show and

2365
02:15:19,850 --> 02:15:22,600
the aggregate amount of $1,000 or more. We are very

2366
02:15:22,600 --> 02:15:26,720
proud to pronounce the K-D-S. Dame Dula at your cervix.

2367
02:15:27,340 --> 02:15:31,600
Dame near perfect. Sir Troubleshooter. And Sir Raymond for you.

2368
02:15:31,680 --> 02:15:34,960
We've got hookers and blow, rent boys and Chardonnay. We

2369
02:15:34,960 --> 02:15:38,760
have, what was it we wanted here? We wanted... A

2370
02:15:38,760 --> 02:15:42,149
chilled bottle of Elijah Craig, a grilled prime rib, and

2371
02:15:42,149 --> 02:15:45,060
a homemade black raspberry pie. Everybody can share in that.

2372
02:15:45,479 --> 02:15:49,359
Along with some other favorites like sparkling cider and escorts,

2373
02:15:49,359 --> 02:15:51,739
ginger ale and gerbils, breast milk and pablum. And as

2374
02:15:51,739 --> 02:15:54,939
always... Mutt & Mead on deck for all of you.

2375
02:15:55,060 --> 02:15:58,520
Go to NoAgendaRings.com. Not just for your rings if you're

2376
02:15:58,520 --> 02:15:59,800
a knight or a dame, but also you can take

2377
02:15:59,800 --> 02:16:02,920
a look at the very handsome order of the ant's

2378
02:16:02,920 --> 02:16:05,569
pin. And once again, thank you all, everybody, so much

2379
02:16:05,569 --> 02:16:07,789
for supporting the No Agenda show. It is the best

2380
02:16:07,789 --> 02:16:10,279
podcast in the universe. It is value for value, and

2381
02:16:10,279 --> 02:16:14,600
you certainly brought it today. Thank you. No Agenda. and

2382
02:16:14,600 --> 02:16:24,920
the meetups. We have so many meetup reports today. It's

2383
02:16:24,920 --> 02:16:28,439
just outrageous. So happy to see them come in. Let's

2384
02:16:28,439 --> 02:16:32,659
first listen to the meetup from Indy. Hi, this is

2385
02:16:32,659 --> 02:16:36,190
Sir Mark. And this is Dame Maria from our Indianapolis

2386
02:16:36,190 --> 02:16:40,379
meetup with our lovely Noah Genta family remembering John today.

2387
02:16:40,559 --> 02:16:44,100
John, you're absolutely right about NCIS. They need new writers.

2388
02:16:44,139 --> 02:16:46,079
Rest in peace. Really love you. Hi, this is Dame

2389
02:16:46,079 --> 02:16:48,579
Cindy of the Tito's at the Best Meetup in Indy.

2390
02:16:48,719 --> 02:16:51,799
We want to send our condolences to the JCD family

2391
02:16:51,799 --> 02:16:54,909
and the Adam Curry family. We appreciate everything you've done

2392
02:16:54,909 --> 02:16:57,940
for us over the years. Hey, it's Gary. RIP JCD.

2393
02:16:58,260 --> 02:17:01,360
Sir Benny. Rest in peace, John. Later. This is Emily,

2394
02:17:01,360 --> 02:17:04,680
the Shufflecrat Spook, Missing John. I remember him back in

2395
02:17:04,680 --> 02:17:06,760
the days of Buzz. out loud when he would post

2396
02:17:06,760 --> 02:17:08,790
with Tom Merritt and Molly Wood. I had literally no

2397
02:17:08,790 --> 02:17:10,459
idea what they were talking about, but I loved his

2398
02:17:10,459 --> 02:17:16,520
crankiness. R.I.P. JCD. Hello, this is Brewski from Indianapolis. R.I.P.

2399
02:17:16,520 --> 02:17:19,899
Dvorak. You'll be sorely missed. Hey, it's Annette in Millville

2400
02:17:19,899 --> 02:17:22,590
still drying out from the Big Diret Show. We miss

2401
02:17:22,590 --> 02:17:25,780
you, John. In the morning, Nada from Indianapolis, and thank

2402
02:17:25,780 --> 02:17:28,739
you for your courage John and the Dvorak family. This

2403
02:17:28,739 --> 02:17:32,680
is Alicia from Indianapolis. Miss you, John. Rest in peace.

2404
02:17:33,020 --> 02:17:36,860
This is Joshua from Indianapolis. R.I.P. J.C.D. You are the

2405
02:17:36,860 --> 02:17:39,610
original book of knowledge. This is Sir Jake. Glad I

2406
02:17:39,610 --> 02:17:42,670
finally made a meetup at Missing J.C.D. Tom G. Not

2407
02:17:42,670 --> 02:17:47,500
from Carmel. Not fisting any more nuts. Adam, thanks for

2408
02:17:47,500 --> 02:17:50,239
the men alliance to love and life. This is Syrup

2409
02:17:50,239 --> 02:17:52,629
of the Maple at the Indy Meetup and we're all

2410
02:17:52,629 --> 02:17:55,360
sharing our favorite John moments. We will miss you, John.

2411
02:17:55,559 --> 02:17:58,690
In the morning, Dame Trinity visiting from Fort Wayne, having

2412
02:17:58,690 --> 02:18:01,600
a great time remembering JCD in the morning. In the

2413
02:18:01,600 --> 02:18:05,739
morning, Adam and crew, Sir PBR Street Gang, John, see

2414
02:18:05,739 --> 02:18:08,569
you on the other side. Sir Ohio Blood visiting the

2415
02:18:08,569 --> 02:18:12,459
Indy crew. RIP JCD in the morning this is Tony

2416
02:18:12,459 --> 02:18:16,209
from Louisville, Kentucky John, you're my dad and I love

2417
02:18:16,209 --> 02:18:18,489
you and I miss you in the morning this is

2418
02:18:18,489 --> 02:18:22,100
Sir Raymond thank you for sharing your love of podcasting

2419
02:18:22,100 --> 02:18:25,459
and meeting up it's Nick from Indianapolis rest in peace

2420
02:18:25,459 --> 02:18:29,620
John you taught us the importance of cynicism not pessimism

2421
02:18:29,620 --> 02:18:32,260
thanks for everything This is Kate Piper from Blind Owl

2422
02:18:32,260 --> 02:18:34,479
Brewery. Took care of the No Agenda crew today, and

2423
02:18:34,479 --> 02:18:37,799
they were lovely. Wait, what's that sound I hear? Donate!

2424
02:18:37,799 --> 02:18:45,340
Donate! Thank you guys. Hey, let's go to Down South

2425
02:18:45,340 --> 02:18:50,059
here in the Netherlands to Maastricht. Thank you. Hey Adam

2426
02:18:50,059 --> 02:18:53,020
Hey Noguja Engine Nation This is Aver and Maastricht here

2427
02:18:53,020 --> 02:18:56,879
The first Maastricht meet up It's only two of us

2428
02:18:56,879 --> 02:18:59,200
But hey You know We got to talk about a

2429
02:18:59,200 --> 02:19:00,799
load of shit It's a party And we got to

2430
02:19:00,799 --> 02:19:05,659
drink to JCD Who did the Suckiest exit strategy ever

2431
02:19:05,659 --> 02:19:11,600
And Good fun here, good company, and hopefully next time

2432
02:19:11,600 --> 02:19:18,120
we'll be more busier. Yeah, this is Baron Illuminati. Having

2433
02:19:18,120 --> 02:19:21,559
great fun, just the two of us, but nonetheless, see

2434
02:19:21,559 --> 02:19:34,110
you around. And the waitress. Okay. All right. I guess

2435
02:19:34,110 --> 02:19:38,459
the waitress didn't want to talk. And now we have,

2436
02:19:38,459 --> 02:19:41,059
just as long as his donation note, we have the

2437
02:19:41,059 --> 02:19:47,170
meetup report from Sydney, Australia. Um, caution, not entirely safe

2438
02:19:47,170 --> 02:19:50,500
for work. In the morning, Get My Nation, this is

2439
02:19:50,500 --> 02:19:55,239
Sir Chris, the drunkard minstrel. And I'm here with everybody

2440
02:19:55,239 --> 02:19:59,239
because I'm too fucking drunk to remember their names.

2441
02:20:00,010 --> 02:20:03,729
ITM, Get No Nation, this is Steve. A lot of

2442
02:20:03,729 --> 02:20:08,819
good people around here today. Great to see them. R.I.P.

2443
02:20:08,819 --> 02:20:16,280
Buzzkill. We live in a country ruled by... the first

2444
02:20:16,280 --> 02:20:24,500
half not ruled by trees no we can edit this

2445
02:20:24,500 --> 02:20:29,620
ROPJCD say it again I'm not buying it you're not

2446
02:20:29,620 --> 02:20:31,979
buying it No, it doesn't matter. I'm not buying it.

2447
02:20:32,139 --> 02:20:36,610
It's a scam. It's a scam. This is Alex, just

2448
02:20:36,610 --> 02:20:39,180
drinking beers at the cash-only bar. Not by design, but

2449
02:20:39,180 --> 02:20:41,420
not a problem. And I'll call out Patrick as a

2450
02:20:41,420 --> 02:20:47,920
douchebag. He'll know. Douchebag Douchebag In the morning, rest in

2451
02:20:47,920 --> 02:20:52,159
peace JCD ITM, this is Custom Carl here with the

2452
02:20:52,159 --> 02:20:55,659
No Agenda meetup in Marrickville in Sydney And yeah, great

2453
02:20:55,659 --> 02:21:00,049
bunch of blokes having some beers and RIP JCD In

2454
02:21:00,049 --> 02:21:04,229
the morning, RIP JCD from Mark in Sydney This is

2455
02:21:04,229 --> 02:21:07,700
my first meetup You want to say anything? I'm going

2456
02:21:07,700 --> 02:21:11,059
to edit this afterwards anyway. I don't know the ritual,

2457
02:21:11,059 --> 02:21:12,780
so how do I open what I'm saying? I don't

2458
02:21:12,780 --> 02:21:17,500
know. You say... I'm getting hit in the mouth. Because

2459
02:21:17,500 --> 02:21:19,260
that's what it is. You get hit in the mouth.

2460
02:21:19,899 --> 02:21:23,280
This is your hit in the mouth. Anyone who says

2461
02:21:23,280 --> 02:21:26,389
we're sitting having beers is lying because we're overtaxed, we're

2462
02:21:26,389 --> 02:21:28,690
overworked, and no one can truly afford beers, but what

2463
02:21:28,690 --> 02:21:31,360
a wonderful group of people. You can also say shout-out

2464
02:21:31,360 --> 02:21:34,340
to Brian. And a shout out to Brian of London

2465
02:21:34,340 --> 02:21:39,200
from Daniel, hashtag, vote, hashtag, at symbol, vote Luco. Good

2466
02:21:39,200 --> 02:21:42,219
to speak to all of you, whoever's listening. Mr. Vilk.

2467
02:21:43,059 --> 02:21:47,780
I'm sorry, John's gone. And Adam, I love your work.

2468
02:21:48,120 --> 02:21:50,780
And I need to say that before you go. Keep

2469
02:21:50,780 --> 02:21:55,479
going. He's not going that quickly. In the morning we've

2470
02:21:55,479 --> 02:22:00,139
all been drinking a lot and we've all been... getting

2471
02:22:00,139 --> 02:22:05,290
connections for our erections. I mean, protections. Protections for our

2472
02:22:05,290 --> 02:22:09,780
erections. Protections for our erections. Thank you, Chris. Connections. In

2473
02:22:09,780 --> 02:22:14,479
the morning. No homo. In the morning, no homo. My

2474
02:22:14,479 --> 02:22:21,000
name is Chris and I'm an alcoholic and I'll edit

2475
02:22:21,000 --> 02:22:24,979
This doesn't sound so fucking drunk. In the morning. In

2476
02:22:24,979 --> 02:22:30,520
the morning. A one, a two, a one, two, three.

2477
02:22:30,819 --> 02:22:38,200
In the morning, Gitmo Nation, we are all charged up

2478
02:22:38,200 --> 02:22:44,299
to be... Human resources and service in our lands and

2479
02:22:44,299 --> 02:22:50,420
our ships at sea. From east to west down under

2480
02:22:50,420 --> 02:22:59,129
to the lowlands and beyond, we are happy and distracted

2481
02:22:59,129 --> 02:23:09,510
slaves. Hear a good Monatian song In the world Hey

2482
02:23:09,510 --> 02:23:13,219
guys, it's Lucy the barmaid here We've had this group

2483
02:23:13,219 --> 02:23:15,670
of fellas in tonight And they officially banned from the

2484
02:23:15,670 --> 02:23:20,340
premises Have a good night everybody There you go Okay.

2485
02:23:20,340 --> 02:23:23,270
Yes, perfect. Thank you, boys. Thank you very much. We're

2486
02:23:23,270 --> 02:23:26,799
almost done with our meetup reports. Here's the Jingle Pot

2487
02:23:26,799 --> 02:23:31,540
Ranch meetup from yesterday. This is SirTreeDaddy here hosting the

2488
02:23:31,540 --> 02:23:35,500
Jingle Pot Ranch Backyard Meetup. I'm going to pass the

2489
02:23:35,500 --> 02:23:38,600
phone around because there's people who have things to say.

2490
02:23:41,500 --> 02:23:45,010
In the morning, this is Sir Say It Wrong of

2491
02:23:45,010 --> 02:23:50,850
Neneo. I'm going to miss the way that John butchered

2492
02:23:50,850 --> 02:23:54,780
the name of my town every single time. When Adam

2493
02:23:54,780 --> 02:23:58,139
says it properly, it just doesn't quite hit the same.

2494
02:23:58,600 --> 02:24:02,399
But it did warm my heart when Larry and Darren...

2495
02:24:02,469 --> 02:24:05,600
both butchered it back to back in the same reading.

2496
02:24:08,799 --> 02:24:12,719
I did look high and low for Nanaimo bars for

2497
02:24:12,719 --> 02:24:16,020
dessert, but all I could find in them was hookers

2498
02:24:16,020 --> 02:24:20,930
and bikers. In the morning from Nanaimo, BC. Yes. And

2499
02:24:20,930 --> 02:24:23,639
in the morning to you in our final meetup report

2500
02:24:23,639 --> 02:24:26,010
is the one I was looking forward to from Zurich,

2501
02:24:26,010 --> 02:24:32,059
Switzerland. In the morning from Zurich, Switzerland at the JCD

2502
02:24:32,059 --> 02:24:37,319
rest in peace meetup report. We had lots of fun.

2503
02:24:37,500 --> 02:24:41,600
We talked about politics and how grateful we are tonight.

2504
02:24:41,600 --> 02:24:45,909
agenda for keeping us sane with all the craziness that's

2505
02:24:45,909 --> 02:24:49,459
going around in the world. I'm Sir Luca, I'm going

2506
02:24:49,459 --> 02:24:52,920
to pass the phone to the other participants of the

2507
02:24:52,920 --> 02:24:57,600
meeting. I'm Sir Wukas, I came down here from Munich

2508
02:24:57,600 --> 02:25:02,309
and I'm here to remember JCD and spend some time

2509
02:25:02,309 --> 02:25:07,510
with some really good people. Hello, I'm Phil, the pool

2510
02:25:07,510 --> 02:25:13,389
water guy and I came here from Weiden, thank you

2511
02:25:13,389 --> 02:25:40,489
Adam, I'm guy and we had a Thank you. Next

2512
02:25:40,489 --> 02:25:43,940
show day, that'll be my birthday, September 3rd, Raleigh's regularly

2513
02:25:43,940 --> 02:25:46,979
scheduled September meetup and soiree, 6 o'clock at Saints and

2514
02:25:46,979 --> 02:25:49,639
Scholars in Raleigh, North Carolina. And on the way in

2515
02:25:49,639 --> 02:25:53,180
the month of September on the 6th, Tapiola, Michigan, Fort

2516
02:25:53,180 --> 02:25:55,799
Mill, South Carolina and Medford Lakes, New Jersey on the

2517
02:25:55,799 --> 02:25:59,120
10th, Brooklyn, New York, Boise, Idaho on the 12th, Scottsdale,

2518
02:25:59,120 --> 02:26:02,100
Arizona on the 15th, Charlotte, North Carolina. North Carolina, the

2519
02:26:02,100 --> 02:26:05,879
17th, Tbilisi, Georgia. Got to collect those meetup reports. That'll

2520
02:26:05,879 --> 02:26:09,969
be on the 18th. King George, Virginia on the 19th,

2521
02:26:09,969 --> 02:26:12,959
along with Petaluma, California and Wilmington, California. All of that

2522
02:26:12,959 --> 02:26:17,020
happening in the month of September. Go to noagendameetups.com. Very

2523
02:26:17,020 --> 02:26:21,719
simple. You look on the calendar. You find something near

2524
02:26:21,719 --> 02:26:23,610
you. You will want to go to one of these

2525
02:26:23,610 --> 02:26:25,399
at least once in your life. And I'm pretty sure.

2526
02:26:25,420 --> 02:26:27,979
Pretty sure long after No Agenda is gone, you will

2527
02:26:27,979 --> 02:26:30,629
continue to meet these people because this connection gives you

2528
02:26:30,629 --> 02:26:33,079
protection for the rest of your life. The people you

2529
02:26:33,079 --> 02:26:35,229
meet at a No Agenda meetup will be your first

2530
02:26:35,229 --> 02:26:39,379
responders in any emergency. I guarantee it. Noagendameetups.com. If you

2531
02:26:39,379 --> 02:26:42,059
can't find one near you, start one yourself. It's easy

2532
02:26:42,059 --> 02:26:44,979
and always a party. Sometimes you want to go hang

2533
02:26:44,979 --> 02:26:52,000
out with all the people. Good nights and days. We'll

2534
02:26:52,000 --> 02:27:02,340
be right back. Everybody feels the same like a party.

2535
02:27:03,059 --> 02:27:06,319
That's right, everybody. It is just like a party. Stick

2536
02:27:06,319 --> 02:27:09,219
around if you're in the troll room. Give me some

2537
02:27:09,219 --> 02:27:12,920
title ideas. I do not know what's coming up next

2538
02:27:12,920 --> 02:27:16,309
on the No Agenda stream. That information has not been

2539
02:27:16,309 --> 02:27:21,159
shared with me for today, but... Guaranteed something is coming

2540
02:27:21,159 --> 02:27:25,719
up Because it's 24-7 NoagendaStream.com And as always get your

2541
02:27:25,719 --> 02:27:28,340
modern podcast app So that you will always be alerted

2542
02:27:28,340 --> 02:27:30,729
when we go live Or any of the other podcasts

2543
02:27:30,729 --> 02:27:34,739
go live So I'll be back with No Agenda on

2544
02:27:34,739 --> 02:27:39,299
Thursday From Rotterdam, the Netherlands That will be my birthday

2545
02:27:39,299 --> 02:27:40,610
And I'll be back with No Agenda And also on

2546
02:27:40,610 --> 02:27:43,569
Wednesday with We Get to Do This with my brother

2547
02:27:43,569 --> 02:27:46,329
Pastor Jimmy. If you're looking for a little Jesus talk

2548
02:27:46,329 --> 02:27:50,899
with your No Agenda Media Deconstruction, check that out. Please

2549
02:27:50,899 --> 02:27:56,239
remember us. Noagendadonations.com. Value for value. Keep the show going,

2550
02:27:56,239 --> 02:27:59,860
everybody. Thank you so much for your contributions today. And

2551
02:27:59,860 --> 02:28:02,879
before I leave you, I've got one more Just Baker

2552
02:28:02,879 --> 02:28:05,790
end of show mix, just because he's really knocking it

2553
02:28:05,790 --> 02:28:08,799
out of the park. And I'll see you on Thursday.

2554
02:28:09,399 --> 02:28:28,579
Till then, adios mofos. A hooey hooey. And such. the

2555
02:28:28,579 --> 02:28:41,459
beef don't ask where the beef Music Attention, hungry Americans!

2556
02:28:42,879 --> 02:29:02,979
Your government has located... Beef. Lots of beef. They said,

2557
02:29:02,979 --> 02:29:06,680
price is too high. We said, how high? They said,

2558
02:29:06,680 --> 02:29:29,040
300,000 metric tons. We said... From where? Argentina already sent

2559
02:29:29,040 --> 02:29:34,459
a little bovine diplomacy. Now custom says, eligible nations. That's

2560
02:29:34,459 --> 02:29:42,040
comforting to me. Where's the beef? Don't ask where. to

2561
02:29:42,040 --> 02:29:45,299
share could be pampas could be ports could have stamps

2562
02:29:45,299 --> 02:29:52,579
could have passports you won't care south american mystery ground

2563
02:29:52,579 --> 02:29:58,239
into history foreign policy flank state vacuum seal diplomacy rubio

2564
02:29:58,239 --> 02:29:59,979
on the oil deal beef

2565
02:30:00,000 --> 02:30:04,020
up on the skillet Venezuela's got the crew do they

2566
02:30:04,020 --> 02:30:07,639
have brisket screw on southbound cattle northbound wrenches yell slow

2567
02:30:07,639 --> 02:30:11,489
down features go downtown media says affordability farmers say betrayal

2568
02:30:11,489 --> 02:30:15,299
I just want to know if my hamburger came by

2569
02:30:15,299 --> 02:30:22,819
airmail oh Every package will be clearly labeled Product of

2570
02:30:22,819 --> 02:30:39,000
Earth. An air tariff repair Structure play Drops 25%. Proud

2571
02:30:39,000 --> 02:30:50,059
nosers. Send your cash. Woo! beef surplus may contain traces

2572
02:30:50,059 --> 02:31:05,000
of geopolitics in the morning *Dramatic music* In the morning.

2573
02:31:08,200 --> 02:31:17,200
The Best Podcast! mofo dvorak.org slash n a dvorak.org