The Strait Of Hormuz Is Closed and Are We On The Brink Of Revolution?

Good morning everybody. Welcome to the Good morning everybody. Welcome to the Tom Billy Show live or as I like to say Tom Billy Show live or as I like to say Tom Billy Show live or as I like to say the party at the end of the world. Hope the party at the end of the world. Hope the party at the end of the world. Hope you guys are doing well. Hope you had an you guys are doing well. Hope you had an you guys are doing well. Hope you had an amazing weekend. There were some people amazing weekend. There were some people amazing weekend. There were some people over in the uh delegation trying to over in the uh delegation trying to over in the uh delegation trying to negotiate on the US's behalf that did negotiate on the US's behalf that did negotiate on the US's behalf that did not have a great weekend. Negotiations not have a great weekend. Negotiations not have a great weekend. Negotiations with Iran have broken down and the US is with Iran have broken down and the US is with Iran have broken down and the US is now set to blockade the Straight of now set to blockade the Straight of now set to blockade the Straight of Hormuz as of 10:00 a.m. Eastern time, Hormuz as of 10:00 a.m. Eastern time, Hormuz as of 10:00 a.m. Eastern time, which is basically right now. Iran has which is basically right now. Iran has which is basically right now. Iran has threatened to retaliate to the US's threatened to retaliate to the US's threatened to retaliate to the US's blockade by extending their blockade to blockade by extending their blockade to blockade by extending their blockade to the Babel Mandab straight in the Red the Babel Mandab straight in the Red the Babel Mandab straight in the Red Sea. We'll see how that plays out. Are Sea. We'll see how that plays out. Are Sea. We'll see how that plays out. Are the recent high-profile attacks on the recent high-profile attacks on the recent high-profile attacks on business leaders and politicians the business leaders and politicians the business leaders and politicians the beginning of a class conscious uprising? beginning of a class conscious uprising? beginning of a class conscious uprising? That is certainly the growing message on That is certainly the growing message on That is certainly the growing message on social media. We'll see how that plays social media. We'll see how that plays social media. We'll see how that plays out, but there have been a lot of out, but there have been a lot of out, but there have been a lot of warehouses reportedly burning down. warehouses reportedly burning down. warehouses reportedly burning down. We'll see that one. I don't know how We'll see that one. I don't know how We'll see that one. I don't know how much is fact and fiction yet. California much is fact and fiction yet. California much is fact and fiction yet. California guminatorial candidate Eric Swallwell guminatorial candidate Eric Swallwell guminatorial candidate Eric Swallwell has dropped out of the race amid sex has dropped out of the race amid sex has dropped out of the race amid sex abuse uh allegations [snorts] abuse uh allegations [snorts] abuse uh allegations [snorts] always fun and a new study shows Gen Z always fun and a new study shows Gen Z always fun and a new study shows Gen Z workers are actively sabotaging company workers are actively sabotaging company workers are actively sabotaging company AI rollouts which is wild looking at you AI rollouts which is wild looking at you AI rollouts which is wild looking at you Ryan we'll talk more about that and Ryan we'll talk more about that and Ryan we'll talk more about that and President Trump tweeted out an image of President Trump tweeted out an image of President Trump tweeted out an image of himself as Jesus helping to heal the himself as Jesus helping to heal the himself as Jesus helping to heal the ailing I would give you context but ailing I would give you context but ailing I would give you context but there is none I had to look that one up. there is none I had to look that one up. there is none I had to look that one up. I was like, "There's no way this is I was like, "There's no way this is I was like, "There's no way this is real." No, it's real. He really did it. real." No, it's real. He really did it. real." No, it's real. He really did it. So crazy. Crazy. Okay. So crazy. Crazy. Okay. So crazy. Crazy. Okay. >> I feel like Trump just trolls us. He's >> I feel like Trump just trolls us. He's >> I feel like Trump just trolls us. He's just like, "What can I do this? I need just like, "What can I do this? I need just like, "What can I do this? I need to get them talking. How can I get the to get them talking. How can I get the to get them talking. How can I get the people going?" people going?" people going?" >> The crazy thing is he does have a troll >> The crazy thing is he does have a troll >> The crazy thing is he does have a troll gear obviously, but there's also a gear gear obviously, but there's also a gear gear obviously, but there's also a gear that's just like he doesn't see how it that's just like he doesn't see how it that's just like he doesn't see how it looks cuz that one that's wild. That's looks cuz that one that's wild. That's looks cuz that one that's wild. That's wild. And I'm sure somebody just posted wild. And I'm sure somebody just posted wild. And I'm sure somebody just posted it and then he was like, "Yeah, yeah, it and then he was like, "Yeah, yeah, it and then he was like, "Yeah, yeah, this is dope. We need to we need to get this is dope. We need to we need to get this is dope. We need to we need to get that. More people need to see this, that. More people need to see this, that. More people need to see this, Drew. It would be a shame if this died Drew. It would be a shame if this died Drew. It would be a shame if this died in some random corner to the internet. in some random corner to the internet. in some random corner to the internet. >> But yeah, that one's crazy. >> But yeah, that one's crazy. >> But yeah, that one's crazy. >> All right, let's start at the top. This >> All right, let's start at the top. This >> All right, let's start at the top. This is Trump's latest update from the war. is Trump's latest update from the war. is Trump's latest update from the war. It is another unhinged post from True It is another unhinged post from True It is another unhinged post from True Social. So there it is. There you have Social. So there it is. There you have Social. So there it is. There you have it. The meeting went well. Most points it. The meeting went well. Most points it. The meeting went well. Most points were agreed to, but the only point that were agreed to, but the only point that were agreed to, but the only point that really mattered, nuclear, was not really mattered, nuclear, was not really mattered, nuclear, was not effective immediately. The United States effective immediately. The United States effective immediately. The United States Navy, the finest in the world, will Navy, the finest in the world, will Navy, the finest in the world, will begin the process of blockading any and begin the process of blockading any and begin the process of blockading any and of all ships trying to enter or leave of all ships trying to enter or leave of all ships trying to enter or leave the straight of Hermoose at some point the straight of Hermoose at some point the straight of Hermoose at some point will reach an all being allowed to go will reach an all being allowed to go will reach an all being allowed to go in, all being allowed to go out basis. in, all being allowed to go out basis. in, all being allowed to go out basis. But Iran has not allowed that to happen But Iran has not allowed that to happen But Iran has not allowed that to happen by merely saying there will be a mine by merely saying there will be a mine by merely saying there will be a mine out there somewhere that nobody knows out there somewhere that nobody knows out there somewhere that nobody knows about but them. This is world extortion about but them. This is world extortion about but them. This is world extortion and leaders of countries, especially the and leaders of countries, especially the and leaders of countries, especially the United States of America, will never be United States of America, will never be United States of America, will never be extorted. I also have instructed our extorted. I also have instructed our extorted. I also have instructed our navy to seek and interdict navy to seek and interdict navy to seek and interdict every vessel in international waters every vessel in international waters every vessel in international waters that has paid a toll to Iran. No one who that has paid a toll to Iran. No one who that has paid a toll to Iran. No one who pays an illegal toll will have safe pays an illegal toll will have safe pays an illegal toll will have safe passage on the high seas. We will always passage on the high seas. We will always passage on the high seas. We will always begin destroying the mines. We will also begin destroying the mines. We will also begin destroying the mines. We will also begin destroying the minds of the begin destroying the minds of the begin destroying the minds of the Iranians laid led in the straits. Any Iranians laid led in the straits. Any Iranians laid led in the straits. Any Iranian who fires at us or any peaceful Iranian who fires at us or any peaceful Iranian who fires at us or any peaceful vessel will be blown to hell. Iran knows vessel will be blown to hell. Iran knows vessel will be blown to hell. Iran knows better than anyone how to end this better than anyone how to end this better than anyone how to end this situation which will already devastate situation which will already devastate situation which will already devastate their country. Their navy is gone. Their their country. Their navy is gone. Their their country. Their navy is gone. Their air force is gone. Their anti-aircraft air force is gone. Their anti-aircraft air force is gone. Their anti-aircraft and radar are useless. Kmeni and most of and radar are useless. Kmeni and most of and radar are useless. Kmeni and most of their quote unquote leaders are dead. their quote unquote leaders are dead. their quote unquote leaders are dead. All because of their nuclear ambition. All because of their nuclear ambition. All because of their nuclear ambition. The blockade will begin shortly. Other The blockade will begin shortly. Other The blockade will begin shortly. Other countries will be involved with this countries will be involved with this countries will be involved with this blockade. Iran will not be allowed to blockade. Iran will not be allowed to blockade. Iran will not be allowed to profit off this illegal act of profit off this illegal act of profit off this illegal act of extortion. They want money and more extortion. They want money and more extortion. They want money and more importantly, they want nuclear. importantly, they want nuclear. importantly, they want nuclear. Additionally, and at any appropriate Additionally, and at any appropriate Additionally, and at any appropriate moment, we are fully locked and loaded. moment, we are fully locked and loaded. moment, we are fully locked and loaded. And our military will finish up a little And our military will finish up a little And our military will finish up a little that is left. We'll finish up the little that is left. We'll finish up the little that is left. We'll finish up the little that is left of Iran. President Donald that is left of Iran. President Donald that is left of Iran. President Donald J. Trump. J. Trump. J. Trump. You got to love the all caps. Yeah. So, You got to love the all caps. Yeah. So, You got to love the all caps. Yeah. So, I mean, this is not going away anytime I mean, this is not going away anytime I mean, this is not going away anytime soon. Uh it is very interesting that the soon. Uh it is very interesting that the soon. Uh it is very interesting that the I don't see people talking a lot about I don't see people talking a lot about I don't see people talking a lot about the fact that we have backed them into a the fact that we have backed them into a the fact that we have backed them into a corner. This is existential for them. Of corner. This is existential for them. Of corner. This is existential for them. Of course, they're not going to go easily. course, they're not going to go easily. course, they're not going to go easily. I don't know what exactly was laid out I don't know what exactly was laid out I don't know what exactly was laid out on the table in terms of the on the table in terms of the on the table in terms of the negotiation, the specifics. Um but what negotiation, the specifics. Um but what negotiation, the specifics. Um but what they're presenting publicly certainly um they're presenting publicly certainly um they're presenting publicly certainly um they they have said many times that they they they have said many times that they they they have said many times that they have a right to enrich from a nuclear have a right to enrich from a nuclear have a right to enrich from a nuclear perspective and so they are prepared perspective and so they are prepared perspective and so they are prepared >> uh to fight long and hard uh by way of >> uh to fight long and hard uh by way of >> uh to fight long and hard uh by way of some of the specifics that we do have. some of the specifics that we do have. some of the specifics that we do have. The US blockade of the Iranian blockade The US blockade of the Iranian blockade The US blockade of the Iranian blockade in the straight of Hormuz is in effect in the straight of Hormuz is in effect in the straight of Hormuz is in effect now unless Trump has backed down from now unless Trump has backed down from now unless Trump has backed down from that. After 21 hours of negotiations the that. After 21 hours of negotiations the that. After 21 hours of negotiations the talks with Iran fell apart. JD Vance and talks with Iran fell apart. JD Vance and talks with Iran fell apart. JD Vance and the Iranian negotiators sat across the the Iranian negotiators sat across the the Iranian negotiators sat across the table in Islamabad supposedly trying to table in Islamabad supposedly trying to table in Islamabad supposedly trying to hammer out a deal, but nothing came of hammer out a deal, but nothing came of hammer out a deal, but nothing came of it. There's a whole bunch of talk back it. There's a whole bunch of talk back it. There's a whole bunch of talk back and forth as to whether the US is being and forth as to whether the US is being and forth as to whether the US is being sincere or not. Uh I will put on the sincere or not. Uh I will put on the sincere or not. Uh I will put on the table whether Iran is being sincere or table whether Iran is being sincere or table whether Iran is being sincere or not. To me, this feels like uh unless not. To me, this feels like uh unless not. To me, this feels like uh unless they are able to get the things that they are able to get the things that they are able to get the things that they need in terms of the US backing they need in terms of the US backing they need in terms of the US backing off, giving them sovereignty, their off, giving them sovereignty, their off, giving them sovereignty, their ability to continue to posture in their ability to continue to posture in their ability to continue to posture in their own country to be able to get um nuclear own country to be able to get um nuclear own country to be able to get um nuclear weapons, long range ballistic weapons, weapons, long range ballistic weapons, weapons, long range ballistic weapons, that is clearly their play for getting that is clearly their play for getting that is clearly their play for getting their agenda across. Uh so I don't see their agenda across. Uh so I don't see their agenda across. Uh so I don't see them backing down on that, especially them backing down on that, especially them backing down on that, especially not if they believe that they can extend not if they believe that they can extend not if they believe that they can extend this via asymmetrical warfare, which this via asymmetrical warfare, which this via asymmetrical warfare, which they've been able to do. Uh so they are they've been able to do. Uh so they are they've been able to do. Uh so they are clearly in an escalatory mood. Now the clearly in an escalatory mood. Now the clearly in an escalatory mood. Now the deal died according to Trump on the deal died according to Trump on the deal died according to Trump on the single word of nuclear. Trump said that single word of nuclear. Trump said that single word of nuclear. Trump said that most points were agreed to. The one that most points were agreed to. The one that most points were agreed to. The one that mattered though an end to all uranium mattered though an end to all uranium mattered though an end to all uranium enrichment, removal of all enriched enrichment, removal of all enriched enrichment, removal of all enriched material, dismantling of Iran's major material, dismantling of Iran's major material, dismantling of Iran's major enrichment facilities. Uh that Iran was enrichment facilities. Uh that Iran was enrichment facilities. Uh that Iran was just not going to go for that. Now the just not going to go for that. Now the just not going to go for that. Now the response from JD Vance was amusing. Uh, response from JD Vance was amusing. Uh, response from JD Vance was amusing. Uh, we should let him say it in his own we should let him say it in his own we should let him say it in his own words. words. words. >> This is the um talking about his wife. >> This is the um talking about his wife. >> This is the um talking about his wife. >> Y >> Y >> Y >> Yeah, this was uh this was interesting. >> Yeah, this was uh this was interesting. >> Yeah, this was uh this was interesting. >> I I I love JD. I feel like they're >> I I I love JD. I feel like they're >> I I I love JD. I feel like they're setting him up. I'm going to be honest setting him up. I'm going to be honest setting him up. I'm going to be honest with you. But with you. But with you. But >> here's the thing. JD is very smart and >> here's the thing. JD is very smart and >> here's the thing. JD is very smart and he's very eloquent, but every now and he's very eloquent, but every now and he's very eloquent, but every now and then if you're on camera enough, and I I then if you're on camera enough, and I I then if you're on camera enough, and I I know intimately, you are bound to say know intimately, you are bound to say know intimately, you are bound to say something that just falls weirdly. something that just falls weirdly. something that just falls weirdly. >> Here it is. >> Here it is. >> Here it is. >> Here's here's one of them. The second >> Here's here's one of them. The second >> Here's here's one of them. The second thing Gollib said, which again I found thing Gollib said, which again I found thing Gollib said, which again I found fascinating, is he said, "We refuse to fascinating, is he said, "We refuse to fascinating, is he said, "We refuse to give up the right to enrichment." And I give up the right to enrichment." And I give up the right to enrichment." And I thought to myself, you know what? My thought to myself, you know what? My thought to myself, you know what? My wife has the right to skydive, but she wife has the right to skydive, but she wife has the right to skydive, but she doesn't jump out of an airplane because doesn't jump out of an airplane because doesn't jump out of an airplane because she and I have an agreement that she's she and I have an agreement that she's she and I have an agreement that she's not going to do that because I don't not going to do that because I don't not going to do that because I don't want my wife jumping out of an airplane. want my wife jumping out of an airplane. want my wife jumping out of an airplane. The second thing gobbing. The second thing gobbing. The second thing gobbing. >> Okay, so here >> Okay, so here >> Okay, so here >> the deal. My guy JD, he knows he knows >> the deal. My guy JD, he knows he knows >> the deal. My guy JD, he knows he knows how to get him. how to get him. how to get him. >> Here's the thing. what what he's if he >> Here's the thing. what what he's if he >> Here's the thing. what what he's if he could have said it this way. Uh I'm in a could have said it this way. Uh I'm in a could have said it this way. Uh I'm in a relationship with my wife. It's one of relationship with my wife. It's one of relationship with my wife. It's one of the most important relationships in my the most important relationships in my the most important relationships in my life. Uh the US is in a relationship life. Uh the US is in a relationship life. Uh the US is in a relationship with Iran. It's one of the most with Iran. It's one of the most with Iran. It's one of the most important relationships certainly right important relationships certainly right important relationships certainly right now for the world. There's huge now for the world. There's huge now for the world. There's huge consequences to that. Whenever you're in consequences to that. Whenever you're in consequences to that. Whenever you're in a relationship, there are certain things a relationship, there are certain things a relationship, there are certain things that you do and don't do based on what's that you do and don't do based on what's that you do and don't do based on what's important to the other person. And so important to the other person. And so important to the other person. And so right now, Iran is acting like it right now, Iran is acting like it right now, Iran is acting like it doesn't matter that they're in a doesn't matter that they're in a doesn't matter that they're in a relationship with us and they can do relationship with us and they can do relationship with us and they can do whatever they want, even though it means whatever they want, even though it means whatever they want, even though it means uh it is extremely important to us that uh it is extremely important to us that uh it is extremely important to us that they not continue to enrich uranium. And they not continue to enrich uranium. And they not continue to enrich uranium. And the reality of any kind of relationship the reality of any kind of relationship the reality of any kind of relationship that's this important is you have to that's this important is you have to that's this important is you have to consider what the other person thinks is consider what the other person thinks is consider what the other person thinks is important. Mhm. important. Mhm. important. Mhm. >> Without all that context, it just sounds >> Without all that context, it just sounds >> Without all that context, it just sounds like the random misfirings uh of not a like the random misfirings uh of not a like the random misfirings uh of not a madman cuz that's way too dramatic, but madman cuz that's way too dramatic, but madman cuz that's way too dramatic, but it just sounds super bizarre and it just sounds super bizarre and it just sounds super bizarre and awkward. So, yeah, I mean, look, I get awkward. So, yeah, I mean, look, I get awkward. So, yeah, I mean, look, I get it. Uh I am somebody who is easy to make it. Uh I am somebody who is easy to make it. Uh I am somebody who is easy to make sound crazy, so I have some empathy here sound crazy, so I have some empathy here sound crazy, so I have some empathy here for him. But uh I think if he had laid for him. But uh I think if he had laid for him. But uh I think if he had laid it out that way though, he does leave it out that way though, he does leave it out that way though, he does leave himself vulnerable for a totally himself vulnerable for a totally himself vulnerable for a totally different attack, which is then everyone different attack, which is then everyone different attack, which is then everyone would go, "Okay, but there are things would go, "Okay, but there are things would go, "Okay, but there are things that the Iranians think it's really that the Iranians think it's really that the Iranians think it's really important that you do or not do and you important that you do or not do and you important that you do or not do and you guys are ignoring all of that. So why do guys are ignoring all of that. So why do guys are ignoring all of that. So why do you get to be the bully in this you get to be the bully in this you get to be the bully in this relationship?" Um so yeah, that line was relationship?" Um so yeah, that line was relationship?" Um so yeah, that line was probably better abandoned in his head probably better abandoned in his head probably better abandoned in his head rather than the thing that he follows rather than the thing that he follows rather than the thing that he follows through. But here we are. It seems like through. But here we are. It seems like through. But here we are. It seems like this week the talking points have this week the talking points have this week the talking points have shifted back to nuclear versus the shifted back to nuclear versus the shifted back to nuclear versus the blocking or the opening of the straight blocking or the opening of the straight blocking or the opening of the straight because I thought the straight was because I thought the straight was because I thought the straight was supposed to be open and now we're supposed to be open and now we're supposed to be open and now we're blockading another blockade blockading another blockade blockading another blockade >> and we're back. >> and we're back. >> and we're back. >> So there there Yes. And there's >> So there there Yes. And there's >> So there there Yes. And there's definitely the memew worthy stuff that definitely the memew worthy stuff that definitely the memew worthy stuff that we can go on there and the blockade of we can go on there and the blockade of we can go on there and the blockade of the blockade is funny. the blockade is funny. the blockade is funny. However, I will say um I didn't pull However, I will say um I didn't pull However, I will say um I didn't pull this clip, but there's a clip from I this clip, but there's a clip from I this clip, but there's a clip from I don't know what he is in Singapore, but don't know what he is in Singapore, but don't know what he is in Singapore, but uh a senior official in the Singaporean uh a senior official in the Singaporean uh a senior official in the Singaporean government, and he said, "No, no, no. government, and he said, "No, no, no. government, and he said, "No, no, no. Listen, more oil travels through the Listen, more oil travels through the Listen, more oil travels through the straight of Singapore than anywhere else straight of Singapore than anywhere else straight of Singapore than anywhere else in the world." And I'm telling you right in the world." And I'm telling you right in the world." And I'm telling you right now, if you don't like draw a hard and now, if you don't like draw a hard and now, if you don't like draw a hard and fast line and say Iran, you absolutely fast line and say Iran, you absolutely fast line and say Iran, you absolutely cannot charge a fee for this, you cannot cannot charge a fee for this, you cannot cannot charge a fee for this, you cannot blockade this. He was like all of a blockade this. He was like all of a blockade this. He was like all of a sudden there's going to be tolls all sudden there's going to be tolls all sudden there's going to be tolls all over the world. And while the straight over the world. And while the straight over the world. And while the straight of Hormuz is bad, it's not the worst of Hormuz is bad, it's not the worst of Hormuz is bad, it's not the worst place that that could happen and it will place that that could happen and it will place that that could happen and it will escalate and it will become a problem. escalate and it will become a problem. escalate and it will become a problem. And he said, "So we're not choosing And he said, "So we're not choosing And he said, "So we're not choosing sides. This is a matter of principle. sides. This is a matter of principle. sides. This is a matter of principle. The international waters are The international waters are The international waters are international waters for a reason. international waters for a reason. international waters for a reason. Nobody gets to control those and Nobody gets to control those and Nobody gets to control those and shipping needs to be free and safe. shipping needs to be free and safe. shipping needs to be free and safe. Period. Full stop. End of story. The Period. Full stop. End of story. The Period. Full stop. End of story. The world round. Now, this is one of those world round. Now, this is one of those world round. Now, this is one of those things where people just don't know how things where people just don't know how things where people just don't know how the world works. And since World War II, the world works. And since World War II, the world works. And since World War II, the US has had the most um dominant navy the US has had the most um dominant navy the US has had the most um dominant navy in the world. And we've just gone around in the world. And we've just gone around in the world. And we've just gone around and made sure that nobody was basically and made sure that nobody was basically and made sure that nobody was basically stopping any of this free flow. Mhm. stopping any of this free flow. Mhm. stopping any of this free flow. Mhm. >> This is the first time where it's like, >> This is the first time where it's like, >> This is the first time where it's like, yeah, it's actually being impeded in yeah, it's actually being impeded in yeah, it's actually being impeded in international waters because you've got international waters because you've got international waters because you've got things like um the Panama Canal where things like um the Panama Canal where things like um the Panama Canal where that's a sovereign nation that literally that's a sovereign nation that literally that's a sovereign nation that literally the US helped them tremendously, but you the US helped them tremendously, but you the US helped them tremendously, but you just dug a hole through your country, just dug a hole through your country, just dug a hole through your country, made it so that ships could pass. made it so that ships could pass. made it so that ships could pass. There's it's like a thing you have to There's it's like a thing you have to There's it's like a thing you have to do. You've got to maintain it. You've do. You've got to maintain it. You've do. You've got to maintain it. You've got to run it. And so, yes, there are got to run it. And so, yes, there are got to run it. And so, yes, there are fees for going through something like fees for going through something like fees for going through something like that. But international waters up until that. But international waters up until that. But international waters up until what's going on in the straight of form what's going on in the straight of form what's going on in the straight of form moves were free and clear. So I think moves were free and clear. So I think moves were free and clear. So I think that there is while I certainly that there is while I certainly that there is while I certainly understand anybody that's looking at the understand anybody that's looking at the understand anybody that's looking at the US right now like we're a bunch of US right now like we're a bunch of US right now like we're a bunch of lunatics because we've gone in and taken lunatics because we've gone in and taken lunatics because we've gone in and taken a straight that was open and closed it. a straight that was open and closed it. a straight that was open and closed it. We weren't the ones that did it, but We weren't the ones that did it, but We weren't the ones that did it, but through our actions the it has led to through our actions the it has led to through our actions the it has led to this. So I certainly understand why this. So I certainly understand why this. So I certainly understand why people have a problem with that. But you people have a problem with that. But you people have a problem with that. But you really can't let it stand now. The and I really can't let it stand now. The and I really can't let it stand now. The and I mean that to the international mean that to the international mean that to the international community. So, I think that's part of community. So, I think that's part of community. So, I think that's part of where Trump's attitude of listen, we can where Trump's attitude of listen, we can where Trump's attitude of listen, we can pull out. Like, if you guys are going to pull out. Like, if you guys are going to pull out. Like, if you guys are going to let it stand like this, then we'll pull let it stand like this, then we'll pull let it stand like this, then we'll pull out. You guys will have to deal with it out. You guys will have to deal with it out. You guys will have to deal with it because it because it because it the very complicated thing right now is the very complicated thing right now is the very complicated thing right now is without I don't think Trump planned for without I don't think Trump planned for without I don't think Trump planned for this, but I do think it was a this, but I do think it was a this, but I do think it was a contingency plan that the US was well contingency plan that the US was well contingency plan that the US was well aware of. If you go in and they respond aware of. If you go in and they respond aware of. If you go in and they respond by blockading the straight by blockading the straight by blockading the straight >> and people don't help you, you can pull >> and people don't help you, you can pull >> and people don't help you, you can pull out and it will be economically out and it will be economically out and it will be economically advantageous for the US because now if advantageous for the US because now if advantageous for the US because now if that becomes a quagmire and ships like that becomes a quagmire and ships like that becomes a quagmire and ships like are having to pay these huge tolls, the are having to pay these huge tolls, the are having to pay these huge tolls, the US is going to go we're open for US is going to go we're open for US is going to go we're open for business and so you can come to the US, business and so you can come to the US, business and so you can come to the US, we'll sell you oil. We just got control we'll sell you oil. We just got control we'll sell you oil. We just got control of Venezuela. We'll make sure that of Venezuela. We'll make sure that of Venezuela. We'll make sure that they'll sell you oil. And so now all of they'll sell you oil. And so now all of they'll sell you oil. And so now all of a sudden this idea of the greater North a sudden this idea of the greater North a sudden this idea of the greater North America as the single largest, highest America as the single largest, highest America as the single largest, highest producing um oil region in the world producing um oil region in the world producing um oil region in the world becomes open for business in a way that becomes open for business in a way that becomes open for business in a way that it wasn't previously. it wasn't previously. it wasn't previously. >> And so again, this is not a claim that >> And so again, this is not a claim that >> And so again, this is not a claim that Trump is paying playing like some 90 uh Trump is paying playing like some 90 uh Trump is paying playing like some 90 uh degree chess. Like it's just there are degree chess. Like it's just there are degree chess. Like it's just there are knockown effects. We're going to respond knockown effects. We're going to respond knockown effects. We're going to respond to the knock-on effects. And so the US to the knock-on effects. And so the US to the knock-on effects. And so the US right now is in a position where we win right now is in a position where we win right now is in a position where we win if we get control of Iran's oil and we if we get control of Iran's oil and we if we get control of Iran's oil and we win if it's a total shitow and we just win if it's a total shitow and we just win if it's a total shitow and we just back out. Now I think plan A is way back out. Now I think plan A is way back out. Now I think plan A is way better than plan B because there are better than plan B because there are better than plan B because there are going to be a ton of other knock-on going to be a ton of other knock-on going to be a ton of other knock-on effects to leaving the strait in that um effects to leaving the strait in that um effects to leaving the strait in that um situation. The world is not going to situation. The world is not going to situation. The world is not going to smile upon that. There's going to be a smile upon that. There's going to be a smile upon that. There's going to be a ton of political fallout. Uh but ton of political fallout. Uh but ton of political fallout. Uh but nonetheless, from an oil production nonetheless, from an oil production nonetheless, from an oil production standpoint, the US is in an insanely standpoint, the US is in an insanely standpoint, the US is in an insanely good position, even if all we did was good position, even if all we did was good position, even if all we did was create total chaos and then back out. create total chaos and then back out. create total chaos and then back out. >> Yeah, we don't have those same amount of >> Yeah, we don't have those same amount of >> Yeah, we don't have those same amount of dependencies as some of the other dependencies as some of the other dependencies as some of the other countries. So that makes sense. countries. So that makes sense. countries. So that makes sense. >> And if the countries dealing with it >> And if the countries dealing with it >> And if the countries dealing with it find that it's too expensive to deal find that it's too expensive to deal find that it's too expensive to deal with them, with them, with them, >> they'll come to the US. So yeah, it's >> they'll come to the US. So yeah, it's >> they'll come to the US. So yeah, it's not only are we not dependent, but we not only are we not dependent, but we not only are we not dependent, but we will benefit from selling the oil that will benefit from selling the oil that will benefit from selling the oil that we do have. Yeah, that is a there comes we do have. Yeah, that is a there comes we do have. Yeah, that is a there comes a supply and demand portion at some a supply and demand portion at some a supply and demand portion at some capacity though because eventually the capacity though because eventually the capacity though because eventually the UAE nations, let's say Europe, let's say UAE nations, let's say Europe, let's say UAE nations, let's say Europe, let's say Asia, they do go to the US originally. Asia, they do go to the US originally. Asia, they do go to the US originally. Iran fills it in their pocketbook with Iran fills it in their pocketbook with Iran fills it in their pocketbook with the tolls. They will then on their side the tolls. They will then on their side the tolls. They will then on their side balance some stuff out, try to cut their balance some stuff out, try to cut their balance some stuff out, try to cut their deals. And so it might be a short-term deals. And so it might be a short-term deals. And so it might be a short-term solution, but I know if long term we can solution, but I know if long term we can solution, but I know if long term we can become the energy s like superstore of become the energy s like superstore of become the energy s like superstore of the world. Can we take over the Middle the world. Can we take over the Middle the world. Can we take over the Middle East in that way for a substantial East in that way for a substantial East in that way for a substantial period of time? period of time? period of time? >> Already bigger than they are. I mean us >> Already bigger than they are. I mean us >> Already bigger than they are. I mean us and Venezuela together. and Venezuela together. and Venezuela together. >> Yes. >> Yes. >> Yes. >> Yes. >> Yes. >> Yes. >> Yeah. >> Yeah. >> Yeah. >> For sure. Us and Venezuela together are >> For sure. Us and Venezuela together are >> For sure. Us and Venezuela together are a supercell of oil production. a supercell of oil production. a supercell of oil production. >> So how many years does it take to >> So how many years does it take to >> So how many years does it take to normalize to get it up to the speed? the normalize to get it up to the speed? the normalize to get it up to the speed? the GCC the um Sue West Canal the uh GCC the um Sue West Canal the uh GCC the um Sue West Canal the uh straight of Hormuz is only responsible straight of Hormuz is only responsible straight of Hormuz is only responsible for about 20% of the world's world's oil for about 20% of the world's world's oil for about 20% of the world's world's oil and the vast majority of the oil from and the vast majority of the oil from and the vast majority of the oil from Iran goes to China. So the US is not Iran goes to China. So the US is not Iran goes to China. So the US is not exactly going to be traumatized if China exactly going to be traumatized if China exactly going to be traumatized if China is having a hard time sourcing oil. Uh is having a hard time sourcing oil. Uh is having a hard time sourcing oil. Uh so yeah, I think over the next call it 5 so yeah, I think over the next call it 5 so yeah, I think over the next call it 5 years, 7 years, we would be able to years, 7 years, we would be able to years, 7 years, we would be able to start siphoning off a large portion of start siphoning off a large portion of start siphoning off a large portion of um the demand that is not able to be um the demand that is not able to be um the demand that is not able to be fulfilled there if that actually ends up fulfilled there if that actually ends up fulfilled there if that actually ends up being a thing. being a thing. being a thing. >> And so yeah, we'll see. But >> And so yeah, we'll see. But >> And so yeah, we'll see. But >> if you have somebody in the White House >> if you have somebody in the White House >> if you have somebody in the White House that is determined to make us a much that is determined to make us a much that is determined to make us a much bigger producer of oil than we are now, bigger producer of oil than we are now, bigger producer of oil than we are now, the oil is there. It's really just the the oil is there. It's really just the the oil is there. It's really just the political will whether we're going to political will whether we're going to political will whether we're going to insist on going green or whether we're insist on going green or whether we're insist on going green or whether we're going to say we're going to run the going to say we're going to run the going to say we're going to run the table now in terms of oil. table now in terms of oil. table now in terms of oil. >> Um on the back of the straight of Hermuz >> Um on the back of the straight of Hermuz >> Um on the back of the straight of Hermuz being now blockaded starting April 13th, being now blockaded starting April 13th, being now blockaded starting April 13th, Iran said it would retaliate by also Iran said it would retaliate by also Iran said it would retaliate by also taking control of the Babel Mandeb taking control of the Babel Mandeb taking control of the Babel Mandeb strait uh which is close to the Red Sea strait uh which is close to the Red Sea strait uh which is close to the Red Sea with their proxies the Houthis doing with their proxies the Houthis doing with their proxies the Houthis doing that. This will cut another 12% of that. This will cut another 12% of that. This will cut another 12% of global energy supply bringing the total global energy supply bringing the total global energy supply bringing the total shortfall to 32% 20 from the strait 12 shortfall to 32% 20 from the strait 12 shortfall to 32% 20 from the strait 12 from the Red Sea. So now this is now from the Red Sea. So now this is now from the Red Sea. So now this is now affecting northern Africa, Egypt, Sudan, affecting northern Africa, Egypt, Sudan, affecting northern Africa, Egypt, Sudan, Iritria, Ethiopia, Somalia. So it's one Iritria, Ethiopia, Somalia. So it's one Iritria, Ethiopia, Somalia. So it's one of those things if that if the strait of those things if that if the strait of those things if that if the strait then gets blockaded then they control then gets blockaded then they control then gets blockaded then they control this straight as well. What would then this straight as well. What would then this straight as well. What would then be the knock-on effects you think for be the knock-on effects you think for be the knock-on effects you think for oil and from the worldwide uh impact? oil and from the worldwide uh impact? oil and from the worldwide uh impact? The real question is going to be how The real question is going to be how The real question is going to be how angry does the world get at Iran versus angry does the world get at Iran versus angry does the world get at Iran versus how angry does the world get at the US how angry does the world get at the US how angry does the world get at the US because that obviously is unsustainable. because that obviously is unsustainable. because that obviously is unsustainable. People will have to take action. And so People will have to take action. And so People will have to take action. And so it one of two paths will happen. Either it one of two paths will happen. Either it one of two paths will happen. Either people are going to go in and they're people are going to go in and they're people are going to go in and they're going to start clearing it. Like going to start clearing it. Like going to start clearing it. Like supposedly I don't know that this is supposedly I don't know that this is supposedly I don't know that this is true but I've seen a ton of reports that true but I've seen a ton of reports that true but I've seen a ton of reports that the UK is also sending mind sweepers the UK is also sending mind sweepers the UK is also sending mind sweepers there. China has a ton of diplomatic there. China has a ton of diplomatic there. China has a ton of diplomatic pressure that they can put on Iran. Um, pressure that they can put on Iran. Um, pressure that they can put on Iran. Um, right now though, China seems to be right now though, China seems to be right now though, China seems to be gearing their pressure far more towards gearing their pressure far more towards gearing their pressure far more towards the US. Now, they're not saying the US the US. Now, they're not saying the US the US. Now, they're not saying the US by name, but they're saying people by name, but they're saying people by name, but they're saying people better stop meddling with our oil better stop meddling with our oil better stop meddling with our oil contract. contract. contract. >> Yeah, I got the the quote. >> Yeah, I got the the quote. >> Yeah, I got the the quote. >> So, here it is. >> So, here it is. >> So, here it is. >> We are committed for peace and >> We are committed for peace and >> We are committed for peace and stability. stability. stability. >> This is Sorry, explain who this is. This >> This is Sorry, explain who this is. This >> This is Sorry, explain who this is. This is uh China's Minister of Defense, is uh China's Minister of Defense, is uh China's Minister of Defense, Admiral Dong Jun. Admiral Dong Jun. Admiral Dong Jun. >> We are committed for peace and stability >> We are committed for peace and stability >> We are committed for peace and stability in the world. We are monitoring the in the world. We are monitoring the in the world. We are monitoring the situation in the M East. Our ships are situation in the M East. Our ships are situation in the M East. Our ships are moving in and out of the waters of the moving in and out of the waters of the moving in and out of the waters of the straight or Hermoose. We have trade and straight or Hermoose. We have trade and straight or Hermoose. We have trade and energy agreements with Iran. We will energy agreements with Iran. We will energy agreements with Iran. We will respect and honor them and expect others respect and honor them and expect others respect and honor them and expect others to not meddle in our affairs. to not meddle in our affairs. to not meddle in our affairs. >> Who who could they be referring to? >> Who who could they be referring to? >> Who who could they be referring to? >> Iran controls the straight of hermoose >> Iran controls the straight of hermoose >> Iran controls the straight of hermoose and it is open for us. Um and there were and it is open for us. Um and there were and it is open for us. Um and there were those reports the last couple weeks that those reports the last couple weeks that those reports the last couple weeks that there were 10 or 12 ships getting there were 10 or 12 ships getting there were 10 or 12 ships getting through and most of them have been going through and most of them have been going through and most of them have been going to China and Asian countries. Yep. So, to China and Asian countries. Yep. So, to China and Asian countries. Yep. So, >> yeah, just as a PSA reminder, uh the war >> yeah, just as a PSA reminder, uh the war >> yeah, just as a PSA reminder, uh the war in Iran is not entirely about China, but in Iran is not entirely about China, but in Iran is not entirely about China, but it is largely about China. And I think it is largely about China. And I think it is largely about China. And I think it encompasses everything to say that it encompasses everything to say that it encompasses everything to say that this is the flash point for the this is the flash point for the this is the flash point for the reorganization of the world order. And reorganization of the world order. And reorganization of the world order. And it's interesting because we've talked it's interesting because we've talked it's interesting because we've talked about this for so long. I've been about this for so long. I've been about this for so long. I've been banging this drum for a while. Everybody banging this drum for a while. Everybody banging this drum for a while. Everybody was saying that I was fear-mongering, was saying that I was fear-mongering, was saying that I was fear-mongering, but the reality is if you look at the but the reality is if you look at the but the reality is if you look at the economics, this moment was economics, this moment was economics, this moment was self-evidently going to happen, meaning self-evidently going to happen, meaning self-evidently going to happen, meaning the restructuring of the global world the restructuring of the global world the restructuring of the global world order. And as that happens, like now order. And as that happens, like now order. And as that happens, like now you're in the messy middle of it all, you're in the messy middle of it all, you're in the messy middle of it all, and it is very difficult to know how and it is very difficult to know how and it is very difficult to know how this is all going to play out. But this this is all going to play out. But this this is all going to play out. But this was an inevitability, much to my dismay. was an inevitability, much to my dismay. was an inevitability, much to my dismay. >> Um, so globalism unfortunately didn't >> Um, so globalism unfortunately didn't >> Um, so globalism unfortunately didn't work. It did. Well, it worked until it work. It did. Well, it worked until it work. It did. Well, it worked until it didn't. That's probably a more honest didn't. That's probably a more honest didn't. That's probably a more honest way to say it. Uh and so as we found way to say it. Uh and so as we found way to say it. Uh and so as we found ourselves in this point caught in ourselves in this point caught in ourselves in this point caught in Thusidities's trap where you've got the Thusidities's trap where you've got the Thusidities's trap where you've got the rising China, US panicking about a rising China, US panicking about a rising China, US panicking about a rising China, the US realizing this now rising China, the US realizing this now rising China, the US realizing this now is a multipolar world again. Uh that is a multipolar world again. Uh that is a multipolar world again. Uh that China is poised currently to apply more China is poised currently to apply more China is poised currently to apply more strategic pressure to the entire world strategic pressure to the entire world strategic pressure to the entire world than the US was in many ways. Uh than the US was in many ways. Uh than the US was in many ways. Uh especially because they could do it via especially because they could do it via especially because they could do it via soft power, not hard power. And so the soft power, not hard power. And so the soft power, not hard power. And so the US had to do something. Now, was this US had to do something. Now, was this US had to do something. Now, was this the something that the US had to do? the something that the US had to do? the something that the US had to do? Probably not. And I think that this is a Probably not. And I think that this is a Probably not. And I think that this is a unique uh confluence of needing to do unique uh confluence of needing to do unique uh confluence of needing to do something and then summoning a populist something and then summoning a populist something and then summoning a populist leader that comes in the very specific leader that comes in the very specific leader that comes in the very specific flavor of Donald Trump. flavor of Donald Trump. flavor of Donald Trump. >> Uh has led us to exactly what we're >> Uh has led us to exactly what we're >> Uh has led us to exactly what we're seeing right now. Um, but I'd be curious seeing right now. Um, but I'd be curious seeing right now. Um, but I'd be curious to see if anybody has like a this is a to see if anybody has like a this is a to see if anybody has like a this is a better way that we could have unwound better way that we could have unwound better way that we could have unwound the global world order that is realistic the global world order that is realistic the global world order that is realistic given the situation that we're in right given the situation that we're in right given the situation that we're in right now from this is a populist moment. So, now from this is a populist moment. So, now from this is a populist moment. So, because I can give you the unrealistic because I can give you the unrealistic because I can give you the unrealistic version of how this all could have been version of how this all could have been version of how this all could have been done uh where everybody's holding hands done uh where everybody's holding hands done uh where everybody's holding hands and we just do what's right, you know, and we just do what's right, you know, and we just do what's right, you know, for everybody sort of on balance, but for everybody sort of on balance, but for everybody sort of on balance, but that was never going to happen. Um, so that was never going to happen. Um, so that was never going to happen. Um, so but I haven't heard a credible breakdown but I haven't heard a credible breakdown but I haven't heard a credible breakdown of like, okay, this is how we do it. of like, okay, this is how we do it. of like, okay, this is how we do it. given the realities, given the realities, given the realities, >> but the disintegration of some of the um >> but the disintegration of some of the um >> but the disintegration of some of the um allyships that have stood for such a allyships that have stood for such a allyships that have stood for such a long period of time like us in Europe, long period of time like us in Europe, long period of time like us in Europe, that that is wild. I would not have that that is wild. I would not have that that is wild. I would not have expected something that dramatic. expected something that dramatic. expected something that dramatic. >> I definitely want to get there because >> I definitely want to get there because >> I definitely want to get there because we have to talk about Spain, we have to we have to talk about Spain, we have to we have to talk about Spain, we have to talk about Canada. Um we're definitely talk about Canada. Um we're definitely talk about Canada. Um we're definitely seeing shifts with our allies. But one seeing shifts with our allies. But one seeing shifts with our allies. But one more thing about these straits and these more thing about these straits and these more thing about these straits and these uh water in these straits, Drew, uh water in these straits, Drew, uh water in these straits, Drew, >> all these things um impacting, we're not >> all these things um impacting, we're not >> all these things um impacting, we're not talking about the second and third order talking about the second and third order talking about the second and third order consequences. Everybody's talking about consequences. Everybody's talking about consequences. Everybody's talking about oil prices and gas prices, but we have oil prices and gas prices, but we have oil prices and gas prices, but we have helium, we have fertilizer, we have all helium, we have fertilizer, we have all helium, we have fertilizer, we have all these things that are based off of these things that are based off of these things that are based off of petroleum. petroleum. petroleum. >> So, I'm curious now that we're entering >> So, I'm curious now that we're entering >> So, I'm curious now that we're entering month two of this war because it was month two of this war because it was month two of this war because it was supposed to be the the four to six week. supposed to be the the four to six week. supposed to be the the four to six week. We're now at week six and we're going to We're now at week six and we're going to We're now at week six and we're going to kind of creeping over into a second kind of creeping over into a second kind of creeping over into a second whole month. whole month. whole month. >> This is now a quarter, half a quarter. >> This is now a quarter, half a quarter. >> This is now a quarter, half a quarter. We're going to start seeing some of We're going to start seeing some of We're going to start seeing some of these supply chain issues stress because these supply chain issues stress because these supply chain issues stress because I think it's been like we have a month I think it's been like we have a month I think it's been like we have a month of supply on demand. That month is now of supply on demand. That month is now of supply on demand. That month is now gone. What are you doing now? How are gone. What are you doing now? How are gone. What are you doing now? How are you resourcing? What are the um order you resourcing? What are the um order you resourcing? What are the um order con second order consequences of it? Do con second order consequences of it? Do con second order consequences of it? Do you see anything that you're like you see anything that you're like you see anything that you're like bubbling up? We have helium collapse bubbling up? We have helium collapse bubbling up? We have helium collapse talking about we have fertilizer and is talking about we have fertilizer and is talking about we have fertilizer and is there any particular industry you think there any particular industry you think there any particular industry you think that is going to be the next thing that is going to be the next thing that is going to be the next thing that's going to collapse other than gas that's going to collapse other than gas that's going to collapse other than gas prices that we should be keeping an eye prices that we should be keeping an eye prices that we should be keeping an eye on? on? on? >> Well, the one that we should be keeping >> Well, the one that we should be keeping >> Well, the one that we should be keeping an eye out for is food. Man, that's the an eye out for is food. Man, that's the an eye out for is food. Man, that's the one that I really worry about. When you one that I really worry about. When you one that I really worry about. When you look at how much of the fertilizer look at how much of the fertilizer look at how much of the fertilizer around the world comes out of the Gulf around the world comes out of the Gulf around the world comes out of the Gulf region, uh you start to realize that we region, uh you start to realize that we region, uh you start to realize that we really could be facing call it famine really could be facing call it famine really could be facing call it famine light. Like I don't think this is going light. Like I don't think this is going light. Like I don't think this is going to be um something that escalates that to be um something that escalates that to be um something that escalates that far out of control if this gets um back far out of control if this gets um back far out of control if this gets um back in control after a single cycle. But it in control after a single cycle. But it in control after a single cycle. But it is something where a very distressing is something where a very distressing is something where a very distressing amount right now comes out of the um the amount right now comes out of the um the amount right now comes out of the um the region that's being impacted by the region that's being impacted by the region that's being impacted by the straight of horm. I think people will straight of horm. I think people will straight of horm. I think people will turn to other places like um Russia I turn to other places like um Russia I turn to other places like um Russia I think can produce a lot as well but that think can produce a lot as well but that think can produce a lot as well but that one is where people should have their one is where people should have their one is where people should have their eyes on. So this year you will almost eyes on. So this year you will almost eyes on. So this year you will almost see a downturn in the amount that is see a downturn in the amount that is see a downturn in the amount that is produced. Uh and if this were to drag on produced. Uh and if this were to drag on produced. Uh and if this were to drag on you know call it 6 months, eight months, you know call it 6 months, eight months, you know call it 6 months, eight months, woo, like that could get really rough. woo, like that could get really rough. woo, like that could get really rough. Um how bad? I haven't done a deep dive Um how bad? I haven't done a deep dive Um how bad? I haven't done a deep dive on that yet. So I just know it's an area on that yet. So I just know it's an area on that yet. So I just know it's an area to pay attention to. Um, I see some to pay attention to. Um, I see some to pay attention to. Um, I see some people being super alarmist. Things tend people being super alarmist. Things tend people being super alarmist. Things tend to not be as bad as you expect. Um, so I to not be as bad as you expect. Um, so I to not be as bad as you expect. Um, so I won't go that far, but that is something won't go that far, but that is something won't go that far, but that is something to really pay attention to. Now, the to really pay attention to. Now, the to really pay attention to. Now, the medical industry seems to be impacted medical industry seems to be impacted medical industry seems to be impacted quite a bit. There's a fair amount of quite a bit. There's a fair amount of quite a bit. There's a fair amount of machinery that runs off helium. machinery that runs off helium. machinery that runs off helium. >> Um, so that could be an issue. Um, TSMC >> Um, so that could be an issue. Um, TSMC >> Um, so that could be an issue. Um, TSMC seems to have secured a lot of the seems to have secured a lot of the seems to have secured a lot of the available helium to keep running chip available helium to keep running chip available helium to keep running chip manufacturing. So, manufacturing. So, manufacturing. So, >> call it modern way of life. um that >> call it modern way of life. um that >> call it modern way of life. um that probably will be able to get what it probably will be able to get what it probably will be able to get what it needs. Uh but costs are going to go up. needs. Uh but costs are going to go up. needs. Uh but costs are going to go up. So that's going to be the real one. The So that's going to be the real one. The So that's going to be the real one. The real thing is just the underlying real thing is just the underlying real thing is just the underlying >> it looks like inflation. So I will often >> it looks like inflation. So I will often >> it looks like inflation. So I will often just round it to calling it inflation. just round it to calling it inflation. just round it to calling it inflation. Um when oil prices when energy prices go Um when oil prices when energy prices go Um when oil prices when energy prices go up, then everything gets more expensive. up, then everything gets more expensive. up, then everything gets more expensive. And so you're already in this and we're And so you're already in this and we're And so you're already in this and we're going to talk more about this later, but going to talk more about this later, but going to talk more about this later, but you're in a position where the the you're in a position where the the you're in a position where the the people are on the verge of revoling people are on the verge of revoling people are on the verge of revoling already and now you add this other already and now you add this other already and now you add this other economic stressor in the form of oil economic stressor in the form of oil economic stressor in the form of oil created uh inflation. created uh inflation. created uh inflation. It's not going to be fun. It's not going to be fun. It's not going to be fun. >> I do want to talk about that though and >> I do want to talk about that though and >> I do want to talk about that though and this is just my hill to die on and every this is just my hill to die on and every this is just my hill to die on and every time I could dunk on the airline time I could dunk on the airline time I could dunk on the airline industry I choose to. It's hilarious industry I choose to. It's hilarious industry I choose to. It's hilarious because America Delta started it, because America Delta started it, because America Delta started it, American followed. But I think JetBlue American followed. But I think JetBlue American followed. But I think JetBlue was the third one that added. They all was the third one that added. They all was the third one that added. They all increased their baggage fees because increased their baggage fees because increased their baggage fees because they said the oil prices are going to be they said the oil prices are going to be they said the oil prices are going to be unstable. When Trump announced the unstable. When Trump announced the unstable. When Trump announced the ceasefire last week, oil prices came ceasefire last week, oil prices came ceasefire last week, oil prices came back down and they're like, "Hey, well, back down and they're like, "Hey, well, back down and they're like, "Hey, well, you guys raised the 3% search. You could you guys raised the 3% search. You could you guys raised the 3% search. You could probably bring it down right now." And probably bring it down right now." And probably bring it down right now." And they were like, "Yeah, it's not coming they were like, "Yeah, it's not coming they were like, "Yeah, it's not coming down." Like there's this certain cuz I down." Like there's this certain cuz I down." Like there's this certain cuz I was it the two it was the first time we was it the two it was the first time we was it the two it was the first time we went to Iraq. That was the first dollar went to Iraq. That was the first dollar went to Iraq. That was the first dollar hike of gas and everybody was like, "Oh hike of gas and everybody was like, "Oh hike of gas and everybody was like, "Oh man, gas is not $1.99 anymore. It's not man, gas is not $1.99 anymore. It's not man, gas is not $1.99 anymore. It's not 99 cents anymore. Don't worry, it's 99 cents anymore. Don't worry, it's 99 cents anymore. Don't worry, it's going to come back down. this is just going to come back down. this is just going to come back down. this is just for the war and it's like no it never for the war and it's like no it never for the war and it's like no it never came back down those levels there's came back down those levels there's came back down those levels there's these fundamental steps. So as we hit these fundamental steps. So as we hit these fundamental steps. So as we hit that moment where it feels like this is that moment where it feels like this is that moment where it feels like this is one of those one of those one of those >> all right guys co we had 10 20% on >> all right guys co we had 10 20% on >> all right guys co we had 10 20% on everything this is the straight of her everything this is the straight of her everything this is the straight of her moves 10 or 20% on top of everything moves 10 or 20% on top of everything moves 10 or 20% on top of everything that is that what you're talking about that is that what you're talking about that is that what you're talking about with like that inflation like there's with like that inflation like there's with like that inflation like there's just going to be this raising of prices just going to be this raising of prices just going to be this raising of prices that everybody's going to just have to that everybody's going to just have to that everybody's going to just have to feel and it gets baked in. feel and it gets baked in. feel and it gets baked in. >> Well oil tends to be very responsive to >> Well oil tends to be very responsive to >> Well oil tends to be very responsive to market demand. So I mean it's it's also market demand. So I mean it's it's also market demand. So I mean it's it's also controlled. Keep that in mind in terms controlled. Keep that in mind in terms controlled. Keep that in mind in terms of it is literally a cabal of people of it is literally a cabal of people of it is literally a cabal of people that get together and say ah we're going that get together and say ah we're going that get together and say ah we're going to produce more. We're going to produce to produce more. We're going to produce to produce more. We're going to produce less. less. less. >> Um but this is when there is a stressor >> Um but this is when there is a stressor >> Um but this is when there is a stressor in the system. If that stressor stays in the system. If that stressor stays in the system. If that stressor stays for a long time then yes it will elevate for a long time then yes it will elevate for a long time then yes it will elevate prices. Some of that is real and some of prices. Some of that is real and some of prices. Some of that is real and some of that is fake. And to your point, the that is fake. And to your point, the that is fake. And to your point, the stuff that's fake in a time like this is stuff that's fake in a time like this is stuff that's fake in a time like this is really obnoxious and people are going to really obnoxious and people are going to really obnoxious and people are going to be very upset if they actually come to be very upset if they actually come to be very upset if they actually come to understand what's going on. Uh so yes, understand what's going on. Uh so yes, understand what's going on. Uh so yes, if those companies wanted to if those companies wanted to if those companies wanted to be I don't know patriotic if that's the be I don't know patriotic if that's the be I don't know patriotic if that's the right word, but if they wanted to be um right word, but if they wanted to be um right word, but if they wanted to be um respectful of what everybody's going respectful of what everybody's going respectful of what everybody's going through and honestly just through and honestly just through and honestly just self-preservation self-preservation self-preservation um they would dial up and down as um they would dial up and down as um they would dial up and down as needed. Yeah. needed. Yeah. needed. Yeah. >> And if you see an opportunity to come >> And if you see an opportunity to come >> And if you see an opportunity to come back down, then you would come back back down, then you would come back back down, then you would come back down. Um you would certainly at least down. Um you would certainly at least down. Um you would certainly at least get a little bit of goodwill or less eye get a little bit of goodwill or less eye get a little bit of goodwill or less eye from the people. Um but yeah, for a host from the people. Um but yeah, for a host from the people. Um but yeah, for a host of reasons, they're not going to do of reasons, they're not going to do of reasons, they're not going to do that. Some of it is it's very difficult that. Some of it is it's very difficult that. Some of it is it's very difficult to communicate to um the frontline to communicate to um the frontline to communicate to um the frontline troops as to where the prices are. Uh troops as to where the prices are. Uh troops as to where the prices are. Uh some of it is just Yeah, we've gotten some of it is just Yeah, we've gotten some of it is just Yeah, we've gotten people used to this. There's no reason people used to this. There's no reason people used to this. There's no reason to give it back. And if we lower it to give it back. And if we lower it to give it back. And if we lower it again and raise it again and lower it again and raise it again and lower it again and raise it again and lower it again and raise it again, um that will again and raise it again, um that will again and raise it again, um that will drive people way crazier than just raise drive people way crazier than just raise drive people way crazier than just raise it once um and leave it be. But yeah, I it once um and leave it be. But yeah, I it once um and leave it be. But yeah, I don't need uh anybody to think that don't need uh anybody to think that don't need uh anybody to think that they're doing it for the right reasons. they're doing it for the right reasons. they're doing it for the right reasons. >> Yeah. Um, so you brought this up earlier >> Yeah. Um, so you brought this up earlier >> Yeah. Um, so you brought this up earlier from our allies perspective, there's from our allies perspective, there's from our allies perspective, there's kind of been this wave of things that's kind of been this wave of things that's kind of been this wave of things that's happening. So starting at the timeline, happening. So starting at the timeline, happening. So starting at the timeline, starting from the beginning and kind of starting from the beginning and kind of starting from the beginning and kind of working backwards, we have um Spanish PM working backwards, we have um Spanish PM working backwards, we have um Spanish PM telling Trump or Trump announcing, "I telling Trump or Trump announcing, "I telling Trump or Trump announcing, "I will cut off all trade and cooperation will cut off all trade and cooperation will cut off all trade and cooperation with Spain because their refusal to with Spain because their refusal to with Spain because their refusal to support us in Israel." support us in Israel." support us in Israel." >> Two hours later, the Spanish PM arrives >> Two hours later, the Spanish PM arrives >> Two hours later, the Spanish PM arrives in China. This is his fourth v his in China. This is his fourth v his in China. This is his fourth v his fourth trip to China in like two years fourth trip to China in like two years fourth trip to China in like two years or something like I was going to say, or something like I was going to say, or something like I was going to say, keep in mind this isn't a response to keep in mind this isn't a response to keep in mind this isn't a response to what's happening, but it's certainly what's happening, but it's certainly what's happening, but it's certainly going to influence what happens. Now, I going to influence what happens. Now, I going to influence what happens. Now, I for one am surprised by how quickly our for one am surprised by how quickly our for one am surprised by how quickly our allies are going like, "Yeah, China, allies are going like, "Yeah, China, allies are going like, "Yeah, China, we're good." That really surprised me. I we're good." That really surprised me. I we're good." That really surprised me. I mean, this this is a country that has uh mean, this this is a country that has uh mean, this this is a country that has uh a very different way of running the a very different way of running the a very different way of running the world, their part of the world, than the world, their part of the world, than the world, their part of the world, than the US does. Um, and so seeing people as a US does. Um, and so seeing people as a US does. Um, and so seeing people as a child of the 80s where it was just like child of the 80s where it was just like child of the 80s where it was just like everybody in the west was breaking everybody in the west was breaking everybody in the west was breaking towards capitalism and really pushing towards capitalism and really pushing towards capitalism and really pushing hard back against communism. And now all hard back against communism. And now all hard back against communism. And now all of a sudden though China I don't think of a sudden though China I don't think of a sudden though China I don't think really can claim the communist title, really can claim the communist title, really can claim the communist title, they can certainly claim the dictator they can certainly claim the dictator they can certainly claim the dictator title. title. title. >> Uh, and so the >> Uh, and so the >> Uh, and so the >> dictatorships work until they don't. And >> dictatorships work until they don't. And >> dictatorships work until they don't. And that's the thing where I'm surprised that's the thing where I'm surprised that's the thing where I'm surprised that people are um moving as quickly as that people are um moving as quickly as that people are um moving as quickly as they are to embrace China. Maybe nobody they are to embrace China. Maybe nobody they are to embrace China. Maybe nobody more so than Canada. I don't know how more so than Canada. I don't know how more so than Canada. I don't know how deep Spain's ties are. This is more deep Spain's ties are. This is more deep Spain's ties are. This is more optics than uh reality for me just optics than uh reality for me just optics than uh reality for me just because I don't know the specifics. But because I don't know the specifics. But because I don't know the specifics. But that is fascinating and that is that is fascinating and that is that is fascinating and that is something that um the US is going to something that um the US is going to something that um the US is going to have to contend with that have to contend with that have to contend with that >> you have a regional power that >> you have a regional power that >> you have a regional power that internally does things that are internally does things that are internally does things that are extremely questionable but externally extremely questionable but externally extremely questionable but externally are really trying to paint themselves as are really trying to paint themselves as are really trying to paint themselves as steady yeti. And so being like, "Hey, steady yeti. And so being like, "Hey, steady yeti. And so being like, "Hey, the US is doing all this crazy unhinged the US is doing all this crazy unhinged the US is doing all this crazy unhinged [ __ ] like we're the completely stable, [ __ ] like we're the completely stable, [ __ ] like we're the completely stable, rational, long-term vision people." And rational, long-term vision people." And rational, long-term vision people." And that's a message that the world is like, that's a message that the world is like, that's a message that the world is like, "Yeah, cool." Like, "Let's go see what "Yeah, cool." Like, "Let's go see what "Yeah, cool." Like, "Let's go see what China has to offer and let's start China has to offer and let's start China has to offer and let's start making deals there." And that would be making deals there." And that would be making deals there." And that would be very problematic for the US. And if the very problematic for the US. And if the very problematic for the US. And if the world um sense of what the US is and world um sense of what the US is and world um sense of what the US is and what China is just basically completely what China is just basically completely what China is just basically completely inverts and the US is like this radical inverts and the US is like this radical inverts and the US is like this radical unhinged country that you can't trust unhinged country that you can't trust unhinged country that you can't trust and China is a stable country that's and China is a stable country that's and China is a stable country that's moral and doing things the right way. Um moral and doing things the right way. Um moral and doing things the right way. Um that would also be problematic for the that would also be problematic for the that would also be problematic for the US. problematic in no um small part US. problematic in no um small part US. problematic in no um small part based on what that will cause the US to based on what that will cause the US to based on what that will cause the US to vote for vote for vote for >> and so will become reactionary in our >> and so will become reactionary in our >> and so will become reactionary in our own voting and so the deep dive that I own voting and so the deep dive that I own voting and so the deep dive that I just wrote man honestly it it is um just wrote man honestly it it is um just wrote man honestly it it is um [sighs] [sighs] [sighs] I don't know how to articulate this I don't know how to articulate this I don't know how to articulate this without without without >> I refuse to succumb to nihilism I refuse >> I refuse to succumb to nihilism I refuse >> I refuse to succumb to nihilism I refuse to feel like there's nothing that we can to feel like there's nothing that we can to feel like there's nothing that we can do but when do but when do but when >> in every deep dive I try to hold myself >> in every deep dive I try to hold myself >> in every deep dive I try to hold myself accountable to, okay, what do I expect accountable to, okay, what do I expect accountable to, okay, what do I expect people to do with this information people to do with this information people to do with this information >> and >> and >> and the punchline is just never going to the punchline is just never going to the punchline is just never going to change. Money has physics and so change. Money has physics and so change. Money has physics and so everything that we're seeing right now everything that we're seeing right now everything that we're seeing right now is because people are violating the is because people are violating the is because people are violating the physics of money. And it doesn't matter physics of money. And it doesn't matter physics of money. And it doesn't matter le in the US for sure, it doesn't matter le in the US for sure, it doesn't matter le in the US for sure, it doesn't matter left or right, they're violating the left or right, they're violating the left or right, they're violating the physics of money. And so they each have physics of money. And so they each have physics of money. And so they each have a different way of trying to write the a different way of trying to write the a different way of trying to write the ship. And the reason that I'm still more ship. And the reason that I'm still more ship. And the reason that I'm still more afraid of the left is their way of afraid of the left is their way of afraid of the left is their way of writing the ship is 100% guaranteed to writing the ship is 100% guaranteed to writing the ship is 100% guaranteed to make it worse. And the right, the way make it worse. And the right, the way make it worse. And the right, the way they plan to write the ship is to get they plan to write the ship is to get they plan to write the ship is to get unprecedented growth. That would work. unprecedented growth. That would work. unprecedented growth. That would work. It's just that they're not on track to It's just that they're not on track to It's just that they're not on track to do it. do it. do it. >> And so, um, right now they would need >> And so, um, right now they would need >> And so, um, right now they would need like north of 4% growth. We're 0.5. like north of 4% growth. We're 0.5. like north of 4% growth. We're 0.5. >> So, it's like we're way the [ __ ] off. >> So, it's like we're way the [ __ ] off. >> So, it's like we're way the [ __ ] off. And And And that that one's tough. So you've got that that one's tough. So you've got that that one's tough. So you've got Trump acting like a lunatic. Now you've Trump acting like a lunatic. Now you've Trump acting like a lunatic. Now you've got the left where it's like I know got the left where it's like I know got the left where it's like I know their policies won't work. So that one's their policies won't work. So that one's their policies won't work. So that one's like a guarantee failure, but they might like a guarantee failure, but they might like a guarantee failure, but they might fail more slowly than the suicide all or fail more slowly than the suicide all or fail more slowly than the suicide all or nothing gamble that Trump is doing. So nothing gamble that Trump is doing. So nothing gamble that Trump is doing. So it's like ah like this this one is it's like ah like this this one is it's like ah like this this one is distressing. If you don't balance the distressing. If you don't balance the distressing. If you don't balance the budget, it is game over. And I it's like budget, it is game over. And I it's like budget, it is game over. And I it's like there that's simple. there that's simple. there that's simple. >> So it's easy >> So it's easy >> So it's easy >> but yet people will not embrace it. They >> but yet people will not embrace it. They >> but yet people will not embrace it. They will between simple and easy, man. will between simple and easy, man. will between simple and easy, man. Things can be simple, but that doesn't Things can be simple, but that doesn't Things can be simple, but that doesn't mean they're easy. mean they're easy. mean they're easy. >> Yeah, it's wild. So, >> Yeah, it's wild. So, >> Yeah, it's wild. So, >> but going to your point now of Trump >> but going to your point now of Trump >> but going to your point now of Trump being this being this being this >> unstable nut. On an international level, >> unstable nut. On an international level, >> unstable nut. On an international level, he has caused some people racist. So, he has caused some people racist. So, he has caused some people racist. So, we're talking about the Hungarian we're talking about the Hungarian we're talking about the Hungarian elections that just got finalized. Trump elections that just got finalized. Trump elections that just got finalized. Trump personally endorsed Orban twice this personally endorsed Orban twice this personally endorsed Orban twice this year, sent Vance to Budapest days before year, sent Vance to Budapest days before year, sent Vance to Budapest days before the vote. He got crushed in Canada. the vote. He got crushed in Canada. the vote. He got crushed in Canada. >> Crushed like they have. It's either 75% >> Crushed like they have. It's either 75% >> Crushed like they have. It's either 75% or just below. So they're within or just below. So they're within or just below. So they're within shooting distance of being able to shooting distance of being able to shooting distance of being able to change their constitution. change their constitution. change their constitution. >> Yeah. Same thing happened in Japan in >> Yeah. Same thing happened in Japan in >> Yeah. Same thing happened in Japan in they went to the right, but nonetheless, they went to the right, but nonetheless, they went to the right, but nonetheless, you get in countries like swinging all you get in countries like swinging all you get in countries like swinging all the way in one direction or another. the way in one direction or another. the way in one direction or another. Now, sorry, I know you want to go Now, sorry, I know you want to go Now, sorry, I know you want to go through the whole list, but the I through the whole list, but the I through the whole list, but the I haven't gone deep on um Hungary and haven't gone deep on um Hungary and haven't gone deep on um Hungary and Orban yet, but some people are claiming Orban yet, but some people are claiming Orban yet, but some people are claiming that the guy that beat Orban is actually that the guy that beat Orban is actually that the guy that beat Orban is actually more to the right of Orban. So that's more to the right of Orban. So that's more to the right of Orban. So that's where I'm like, okay, wait. I'm gonna where I'm like, okay, wait. I'm gonna where I'm like, okay, wait. I'm gonna need to look at what's actually going on need to look at what's actually going on need to look at what's actually going on there. I there. I there. I >> I I don't know. I don't know enough. >> I I don't know. I don't know enough. >> I I don't know. I don't know enough. That seems surprising. Yeah. That seems surprising. Yeah. That seems surprising. Yeah. >> Because the European leaders are >> Because the European leaders are >> Because the European leaders are certainly claiming victory with whoever certainly claiming victory with whoever certainly claiming victory with whoever got elected. And I doubt they would do got elected. And I doubt they would do got elected. And I doubt they would do that if that person was actually to the that if that person was actually to the that if that person was actually to the right of Orban. right of Orban. right of Orban. >> Um so we'll see how that plays out. >> Um so we'll see how that plays out. >> Um so we'll see how that plays out. >> Yeah. But same thing happened in Canada. >> Yeah. But same thing happened in Canada. >> Yeah. But same thing happened in Canada. The Liberals were headed for a landslide The Liberals were headed for a landslide The Liberals were headed for a landslide loss and then Trump went on his terrors loss and then Trump went on his terrors loss and then Trump went on his terrors his terrorists and 51st state rhetoric his terrorists and 51st state rhetoric his terrorists and 51st state rhetoric and flipped the entire uh race. In and flipped the entire uh race. In and flipped the entire uh race. In Romania, the Trump proTrump candidate Romania, the Trump proTrump candidate Romania, the Trump proTrump candidate went into election day as a strong went into election day as a strong went into election day as a strong favorite. Lost by a landslide. favorite. Lost by a landslide. favorite. Lost by a landslide. Australia, you guys are kind of getting Australia, you guys are kind of getting Australia, you guys are kind of getting the thesis of this story. 64% of the thesis of this story. 64% of the thesis of this story. 64% of Europeans view Trump negatively. 25 Only Europeans view Trump negatively. 25 Only Europeans view Trump negatively. 25 Only 25% of Europeans will consider US a 25% of Europeans will consider US a 25% of Europeans will consider US a friendly country. friendly country. friendly country. >> Isn't that wild, bro? 25% of Europeans >> Isn't that wild, bro? 25% of Europeans >> Isn't that wild, bro? 25% of Europeans consider the US a friendly country. That consider the US a friendly country. That consider the US a friendly country. That is wild. is wild. is wild. >> Down from 61% before his election. >> Down from 61% before his election. >> Down from 61% before his election. That's crazy. That's crazy. That's crazy. >> That is crazy. That That is That is nuts >> That is crazy. That That is That is nuts >> That is crazy. That That is That is nuts >> to your point. And I even got to give it >> to your point. And I even got to give it >> to your point. And I even got to give it to Peter Zhan because it's the first to Peter Zhan because it's the first to Peter Zhan because it's the first time he was the one that I heard time he was the one that I heard time he was the one that I heard champion this that champion this that champion this that >> whoever was going to be the president >> whoever was going to be the president >> whoever was going to be the president was going to have to deal with some very was going to have to deal with some very was going to have to deal with some very very tough decisions. Yes. very tough decisions. Yes. very tough decisions. Yes. >> So by no means was this 100% Trump's >> So by no means was this 100% Trump's >> So by no means was this 100% Trump's quote unquote fault. quote unquote fault. quote unquote fault. >> However, his reaction to this situation >> However, his reaction to this situation >> However, his reaction to this situation I think is his fault. I think is his fault. I think is his fault. >> And I think that a lot of these >> And I think that a lot of these >> And I think that a lot of these statistics, they do lay at the feet of statistics, they do lay at the feet of statistics, they do lay at the feet of him. He thought he can art of his deal, him. He thought he can art of his deal, him. He thought he can art of his deal, the weight of it. He thought he can the weight of it. He thought he can the weight of it. He thought he can bombastically engage people and just bombastically engage people and just bombastically engage people and just because I have leverage, you're going to because I have leverage, you're going to because I have leverage, you're going to fall to me and things like that. That fall to me and things like that. That fall to me and things like that. That works really well for New York New York works really well for New York New York works really well for New York New York state real estate negotiating. It's a state real estate negotiating. It's a state real estate negotiating. It's a bit different when you're on an bit different when you're on an bit different when you're on an international level and there's international level and there's international level and there's alternatives and other countries and alternatives and other countries and alternatives and other countries and factions and things like that playing factions and things like that playing factions and things like that playing against you. against you. against you. >> You are watching China walk softly and >> You are watching China walk softly and >> You are watching China walk softly and carry a big stick carry a big stick carry a big stick >> and you're watching the US walk loudly >> and you're watching the US walk loudly >> and you're watching the US walk loudly and carry a big stick. And it is and carry a big stick. And it is and carry a big stick. And it is I I don't know what has happened in I I don't know what has happened in I I don't know what has happened in Trump's life that made him think that Trump's life that made him think that Trump's life that made him think that you can just smash people, belittle you can just smash people, belittle you can just smash people, belittle them, make fun of them, bully them, and them, make fun of them, bully them, and them, make fun of them, bully them, and that there won't be these second and that there won't be these second and that there won't be these second and third order consequences. That's the third order consequences. That's the third order consequences. That's the part that I just cannot figure out. part that I just cannot figure out. part that I just cannot figure out. >> Um like what he's thinking there. Uh >> Um like what he's thinking there. Uh >> Um like what he's thinking there. Uh I think that the US absolutely I think that the US absolutely I think that the US absolutely had to use its leverage to position had to use its leverage to position had to use its leverage to position itself well for the changing world itself well for the changing world itself well for the changing world order. There's no doubt. I am not in the order. There's no doubt. I am not in the order. There's no doubt. I am not in the acquies to China camp. I want to see us acquies to China camp. I want to see us acquies to China camp. I want to see us outmaneuver China. I want to see us uh outmaneuver China. I want to see us uh outmaneuver China. I want to see us uh be strong on the world stage and make be strong on the world stage and make be strong on the world stage and make sure that we are in a dominant position sure that we are in a dominant position sure that we are in a dominant position globally for sure. However, you cannot globally for sure. However, you cannot globally for sure. However, you cannot do that by alienating everybody, making do that by alienating everybody, making do that by alienating everybody, making fun of them, belittling them, all of fun of them, belittling them, all of fun of them, belittling them, all of that publicly. Like, you just there's if that publicly. Like, you just there's if that publicly. Like, you just there's if you want to behind the scenes be you want to behind the scenes be you want to behind the scenes be ultraaggressive, but then publicly let ultraaggressive, but then publicly let ultraaggressive, but then publicly let all of them save face and make sure that all of them save face and make sure that all of them save face and make sure that they look good to their people, great. they look good to their people, great. they look good to their people, great. Then you've got a path to them getting Then you've got a path to them getting Then you've got a path to them getting on your team. on your team. on your team. >> But when you belittle them, dude, you're >> But when you belittle them, dude, you're >> But when you belittle them, dude, you're going to they will do things that are going to they will do things that are going to they will do things that are not in their best interests just to look not in their best interests just to look not in their best interests just to look strong. And so I'm like, yeah, I I don't strong. And so I'm like, yeah, I I don't strong. And so I'm like, yeah, I I don't that is so self-evident to me that that is so self-evident to me that that is so self-evident to me that that's how humans behave that I'm just that's how humans behave that I'm just that's how humans behave that I'm just yeah, I don't know what he's saying. yeah, I don't know what he's saying. yeah, I don't know what he's saying. >> But in the American political system, he >> But in the American political system, he >> But in the American political system, he doesn't have that level of doesn't have that level of doesn't have that level of accountability. So this is the same guy accountability. So this is the same guy accountability. So this is the same guy that was calling Marco Rubio little that was calling Marco Rubio little that was calling Marco Rubio little Marco and Marco Rubio called him a Marco and Marco Rubio called him a Marco and Marco Rubio called him a threat to democracy, but then now it's threat to democracy, but then now it's threat to democracy, but then now it's like, I'm the president now. You do what like, I'm the president now. You do what like, I'm the president now. You do what I say. And Marco's falling right in line I say. And Marco's falling right in line I say. And Marco's falling right in line with that. So the same type of leverage with that. So the same type of leverage with that. So the same type of leverage that he's used previously in his work that he's used previously in his work that he's used previously in his work life for in his work life for his entire life for in his work life for his entire life for in his work life for his entire life, it worked in those aspects. So he life, it worked in those aspects. So he life, it worked in those aspects. So he thought, "Oh, okay. If I could do it in thought, "Oh, okay. If I could do it in thought, "Oh, okay. If I could do it in New York State circles, if I could do it New York State circles, if I could do it New York State circles, if I could do it in the city, if I could do it and get in the city, if I could do it and get in the city, if I could do it and get become the biggest hotel brand at one become the biggest hotel brand at one become the biggest hotel brand at one point in time, if I could do this and point in time, if I could do this and point in time, if I could do this and win a presidential election twice, and win a presidential election twice, and win a presidential election twice, and everybody that was talking about me now everybody that was talking about me now everybody that was talking about me now wants to work for me, it could work with wants to work for me, it could work with wants to work for me, it could work with Europe, too. It could work with a like Europe, too. It could work with a like Europe, too. It could work with a like the Arabs, too. It could work with all the Arabs, too. It could work with all the Arabs, too. It could work with all these other countries." And then I guess these other countries." And then I guess these other countries." And then I guess they're now realizing like, "Oh, wait. I they're now realizing like, "Oh, wait. I they're now realizing like, "Oh, wait. I don't have as much leverage that America don't have as much leverage that America don't have as much leverage that America isn't looked at as this thing as I isn't looked at as this thing as I isn't looked at as this thing as I thought." They were surprised when thought." They were surprised when thought." They were surprised when Iranian Iran started attacking other Iranian Iran started attacking other Iranian Iran started attacking other countries. They're like, "Oh, snap. They countries. They're like, "Oh, snap. They countries. They're like, "Oh, snap. They didn't just obey us. Wait, wait." So, I didn't just obey us. Wait, wait." So, I didn't just obey us. Wait, wait." So, I think now we're starting to see the think now we're starting to see the think now we're starting to see the break of like, you know what? We're not break of like, you know what? We're not break of like, you know what? We're not going to do it just because we're used going to do it just because we're used going to do it just because we're used to doing that. We're going to break up to doing that. We're going to break up to doing that. We're going to break up the way of things. And that the way of things. And that the way of things. And that spontaneity, I don't think he countered spontaneity, I don't think he countered spontaneity, I don't think he countered into his decision-m. He thought just into his decision-m. He thought just into his decision-m. He thought just like everything else that I tried, it like everything else that I tried, it like everything else that I tried, it fell to my like that fell to my knees. fell to my like that fell to my knees. fell to my like that fell to my knees. It fell to my whim. in whatever I wanted It fell to my whim. in whatever I wanted It fell to my whim. in whatever I wanted to do, I was able to will it into to do, I was able to will it into to do, I was able to will it into existence. Now, these other countries existence. Now, these other countries existence. Now, these other countries with other individual sovereignty, with other individual sovereignty, with other individual sovereignty, they're like, "No, we'll we'll suicide they're like, "No, we'll we'll suicide they're like, "No, we'll we'll suicide it. We'll rather be suicide bombers and it. We'll rather be suicide bombers and it. We'll rather be suicide bombers and bend the knee in other places." And that bend the knee in other places." And that bend the knee in other places." And that wasn't a thing, I think. And he's now wasn't a thing, I think. And he's now wasn't a thing, I think. And he's now getting like used to that being a push getting like used to that being a push getting like used to that being a push back. back. back. >> I'll be interested to see if he's >> I'll be interested to see if he's >> I'll be interested to see if he's actually getting used to that or if he actually getting used to that or if he actually getting used to that or if he still has a mental model of the world still has a mental model of the world still has a mental model of the world that you can just keep smashing people that you can just keep smashing people that you can just keep smashing people harder. So what we're watching in Iran harder. So what we're watching in Iran harder. So what we're watching in Iran is Trump running an escalatory dominance is Trump running an escalatory dominance is Trump running an escalatory dominance strategy only to find out that it's very strategy only to find out that it's very strategy only to find out that it's very hard when you have asymmetric warfare. hard when you have asymmetric warfare. hard when you have asymmetric warfare. And then the same thing is happening at And then the same thing is happening at And then the same thing is happening at the um ally level where he's just trying the um ally level where he's just trying the um ally level where he's just trying to escalate harder, call them bigger to escalate harder, call them bigger to escalate harder, call them bigger names, be uh meaner, all of that. And names, be uh meaner, all of that. And names, be uh meaner, all of that. And expecting at some point that they're expecting at some point that they're expecting at some point that they're going to cave. And I'm still I get taken going to cave. And I'm still I get taken going to cave. And I'm still I get taken back to Steve Wickoff every time saying, back to Steve Wickoff every time saying, back to Steve Wickoff every time saying, you know, Trump is just surprised that you know, Trump is just surprised that you know, Trump is just surprised that they're not um God, what was the word they're not um God, what was the word they're not um God, what was the word that he used? That they're not that he used? That they're not that he used? That they're not acquiescing. He used a stronger word acquiescing. He used a stronger word acquiescing. He used a stronger word than that, but that, you know, we're than that, but that, you know, we're than that, but that, you know, we're putting all these troops right off their putting all these troops right off their putting all these troops right off their shore. We're threatening to smash them shore. We're threatening to smash them shore. We're threatening to smash them with this hammer and we expect them to with this hammer and we expect them to with this hammer and we expect them to cave. And they're not caving and just cave. And they're not caving and just cave. And they're not caving and just can't believe it. And that's the part can't believe it. And that's the part can't believe it. And that's the part where it's like, okay, like you get it. where it's like, okay, like you get it. where it's like, okay, like you get it. Hopefully they've got given you the Hopefully they've got given you the Hopefully they've got given you the message, but he's just like, "We're just message, but he's just like, "We're just message, but he's just like, "We're just going to keep escalating, escalating, going to keep escalating, escalating, going to keep escalating, escalating, escalating." Um, and it reminds me of escalating." Um, and it reminds me of escalating." Um, and it reminds me of the very famous the beatings will the very famous the beatings will the very famous the beatings will continue until morale improves. And it's continue until morale improves. And it's continue until morale improves. And it's like, oh Jesus. So yeah, uh, the like, oh Jesus. So yeah, uh, the like, oh Jesus. So yeah, uh, the strength, peace through strength, when strength, peace through strength, when strength, peace through strength, when coupled with diplomacy, where you're coupled with diplomacy, where you're coupled with diplomacy, where you're giving people the ability to, um, join giving people the ability to, um, join giving people the ability to, um, join your coalition without looking weak, your coalition without looking weak, your coalition without looking weak, that I think is a very wise strategy. that I think is a very wise strategy. that I think is a very wise strategy. But uh setting people up such that But uh setting people up such that But uh setting people up such that they're going to look terrible if they they're going to look terrible if they they're going to look terrible if they get on board with you even when it makes get on board with you even when it makes get on board with you even when it makes sense is just a bad strategy. sense is just a bad strategy. sense is just a bad strategy. >> And then last >> And then last >> And then last >> capitulating. Thank you. >> capitulating. Thank you. >> capitulating. Thank you. >> Last thing on this um topic we have uh >> Last thing on this um topic we have uh >> Last thing on this um topic we have uh Canadian PM Carney talking about the Canadian PM Carney talking about the Canadian PM Carney talking about the days of sending.7 cents of every dollar days of sending.7 cents of every dollar days of sending.7 cents of every dollar to the US are over. >> [applause] >> [applause] >> The days the days of our military >> The days the days of our military >> The days the days of our military sending 70 cents of every dollars to the sending 70 cents of every dollars to the sending 70 cents of every dollars to the United States are over. United States are over. United States are over. >> Does anybody know though? I want to know >> Does anybody know though? I want to know >> Does anybody know though? I want to know what what [cheering] the where are you what what [cheering] the where are you what what [cheering] the where are you sending those dollars to? So, are you sending those dollars to? So, are you sending those dollars to? So, are you sending them to China? That sounds like sending them to China? That sounds like sending them to China? That sounds like a terrible [ __ ] idea. A terrible a terrible [ __ ] idea. A terrible a terrible [ __ ] idea. A terrible idea. These guys will put back doors in idea. These guys will put back doors in idea. These guys will put back doors in your technology for sure. Um, so that your technology for sure. Um, so that your technology for sure. Um, so that one is wild. And if he's saying that one is wild. And if he's saying that one is wild. And if he's saying that they're going to build their own they're going to build their own they're going to build their own military-industrial complex, cool. That military-industrial complex, cool. That military-industrial complex, cool. That I could actually understand if they're I could actually understand if they're I could actually understand if they're like, "We need to be self-sufficient." like, "We need to be self-sufficient." like, "We need to be self-sufficient." >> I think every country should be acting >> I think every country should be acting >> I think every country should be acting in their own best interests, and then in their own best interests, and then in their own best interests, and then the world order should be a reflection the world order should be a reflection the world order should be a reflection of everybody doing their best with what of everybody doing their best with what of everybody doing their best with what they have. they have. they have. >> Um, and if that's what he's saying, >> Um, and if that's what he's saying, >> Um, and if that's what he's saying, cool. But I doubt that's what he's cool. But I doubt that's what he's cool. But I doubt that's what he's saying. And so, I'll be very interested saying. And so, I'll be very interested saying. And so, I'll be very interested to see uh where that money is going to to see uh where that money is going to to see uh where that money is going to go to. This is why I I call the whole go to. This is why I I call the whole go to. This is why I I call the whole this is Trump's master plan, the greater this is Trump's master plan, the greater this is Trump's master plan, the greater North America project. I I kind of call North America project. I I kind of call North America project. I I kind of call BS on that because he purposely voided BS on that because he purposely voided BS on that because he purposely voided trade agreements that we had with Canada trade agreements that we had with Canada trade agreements that we had with Canada and Mexico. And if his ultimate aim was and Mexico. And if his ultimate aim was and Mexico. And if his ultimate aim was to unite North America, he would have at to unite North America, he would have at to unite North America, he would have at least kept those into place, secure the least kept those into place, secure the least kept those into place, secure the bag, and then come back and negotiate to bag, and then come back and negotiate to bag, and then come back and negotiate to that point of having all the like having that point of having all the like having that point of having all the like having all the point of strength. all the point of strength. all the point of strength. >> Listen, alienated everybody. And I was >> Listen, alienated everybody. And I was >> Listen, alienated everybody. And I was like, yeah, it's for my master plan to like, yeah, it's for my master plan to like, yeah, it's for my master plan to unite all these people. It's like, well, unite all these people. It's like, well, unite all these people. It's like, well, you called them idiots and [ __ ] 6 you called them idiots and [ __ ] 6 you called them idiots and [ __ ] 6 months ago. And now you're going to ask months ago. And now you're going to ask months ago. And now you're going to ask him for a favor. him for a favor. him for a favor. >> Yes, >> Yes, >> Yes, >> we're going to see the same thing >> we're going to see the same thing >> we're going to see the same thing happen. happen. happen. >> That that that is a very deep flaw in >> That that that is a very deep flaw in >> That that that is a very deep flaw in his master plan. But that I really think his master plan. But that I really think his master plan. But that I really think is his master plan. This is the thing is his master plan. This is the thing is his master plan. This is the thing that drives me crazy is when people say that drives me crazy is when people say that drives me crazy is when people say that Trump doesn't have a plan. It's a that Trump doesn't have a plan. It's a that Trump doesn't have a plan. It's a very big difference between Trump not very big difference between Trump not very big difference between Trump not having a plan and the plan being bad. having a plan and the plan being bad. having a plan and the plan being bad. The reason it drives me crazy is the The reason it drives me crazy is the The reason it drives me crazy is the same reason it drives me crazy that same reason it drives me crazy that same reason it drives me crazy that people have an emotional response to the people have an emotional response to the people have an emotional response to the economy instead of a fiscal response to economy instead of a fiscal response to economy instead of a fiscal response to the economy. If you want to go after the economy. If you want to go after the economy. If you want to go after Trump, then start breaking it down piece Trump, then start breaking it down piece Trump, then start breaking it down piece by piece. What should we have done here? by piece. What should we have done here? by piece. What should we have done here? This is something I try to do a lot This is something I try to do a lot This is something I try to do a lot where it's like, okay, I did this with where it's like, okay, I did this with where it's like, okay, I did this with the um JD Vancing. This is what should the um JD Vancing. This is what should the um JD Vancing. This is what should have happened. This is what he should have happened. This is what he should have happened. This is what he should have said. If for no other reason, then have said. If for no other reason, then have said. If for no other reason, then I can get people to respond to my own I can get people to respond to my own I can get people to respond to my own thinking to see where the flaws are. But thinking to see where the flaws are. But thinking to see where the flaws are. But >> when you are going into situations like >> when you are going into situations like >> when you are going into situations like this and you start attacking sort of the this and you start attacking sort of the this and you start attacking sort of the lowbrow lowbrow lowbrow variant of this, oh, he doesn't have a variant of this, oh, he doesn't have a variant of this, oh, he doesn't have a plan. No, he has a plan. But if that plan. No, he has a plan. But if that plan. No, he has a plan. But if that plan isn't working, why isn't it plan isn't working, why isn't it plan isn't working, why isn't it working? What is the part of the plan working? What is the part of the plan working? What is the part of the plan that needs to be adjusted? And PS, by that needs to be adjusted? And PS, by that needs to be adjusted? And PS, by the way, what do you think that we the way, what do you think that we the way, what do you think that we should be doing? Because if people are should be doing? Because if people are should be doing? Because if people are just having these emotional responses, just having these emotional responses, just having these emotional responses, we're in for a problem. In fact, I'll we're in for a problem. In fact, I'll we're in for a problem. In fact, I'll state this very clearly because this is state this very clearly because this is state this very clearly because this is going to be a theme in the show moving going to be a theme in the show moving going to be a theme in the show moving forward. If the world at large and forward. If the world at large and forward. If the world at large and America specifically continue to react America specifically continue to react America specifically continue to react to things emotionally, there will be a to things emotionally, there will be a to things emotionally, there will be a level of bloodshed that is going to be level of bloodshed that is going to be level of bloodshed that is going to be just absolutely devastating. And that is just absolutely devastating. And that is just absolutely devastating. And that is the very thing that I'm trying to put the very thing that I'm trying to put the very thing that I'm trying to put some very small contribution towards not some very small contribution towards not some very small contribution towards not happening because there are solutions to happening because there are solutions to happening because there are solutions to these things. But they involve people these things. But they involve people these things. But they involve people getting out of their feelings and into getting out of their feelings and into getting out of their feelings and into an actual cause and effect analysis of an actual cause and effect analysis of an actual cause and effect analysis of the different situations. And right now the different situations. And right now the different situations. And right now as a global society, we are doing a god as a global society, we are doing a god as a global society, we are doing a god awful job of that. And social media awful job of that. And social media awful job of that. And social media rewards the emotional things. And so the rewards the emotional things. And so the rewards the emotional things. And so the more you can tap into emotional, the more you can tap into emotional, the more you can tap into emotional, the more likely that is to go viral, which more likely that is to go viral, which more likely that is to go viral, which means the more emotionally charged you means the more emotionally charged you means the more emotionally charged you are, the more likely you are to get are, the more likely you are to get are, the more likely you are to get attention and therefore the more likely attention and therefore the more likely attention and therefore the more likely you are to influence things. And so, you are to influence things. And so, you are to influence things. And so, man, being involved in this and watching man, being involved in this and watching man, being involved in this and watching how this is unfolding and knowing that how this is unfolding and knowing that how this is unfolding and knowing that the more people use the leverage that the more people use the leverage that the more people use the leverage that will get them favorability with the will get them favorability with the will get them favorability with the algorithms, the more they are deranging algorithms, the more they are deranging algorithms, the more they are deranging the public who is already prone to map the public who is already prone to map the public who is already prone to map things emotionally and therefore the things emotionally and therefore the things emotionally and therefore the more likely we are to really go astray more likely we are to really go astray more likely we are to really go astray uh as a planet. And the when the planet uh as a planet. And the when the planet uh as a planet. And the when the planet goes astray, it it ends in worldaltering goes astray, it it ends in worldaltering goes astray, it it ends in worldaltering levels of violence. And I just feel like levels of violence. And I just feel like levels of violence. And I just feel like people are not paying attention to where people are not paying attention to where people are not paying attention to where this escalates to and that makes me very this escalates to and that makes me very this escalates to and that makes me very nervous. nervous. nervous. >> You the the end kind of threw me off. >> You the the end kind of threw me off. >> You the the end kind of threw me off. Are you saying in regards to emotional Are you saying in regards to emotional Are you saying in regards to emotional responses leading to the revolution responses leading to the revolution responses leading to the revolution leading to the warehouse burnings? Are leading to the warehouse burnings? Are leading to the warehouse burnings? Are you saying you saying you saying >> leading to World War II? >> leading to World War II? >> leading to World War II? >> Okay. >> Okay. >> Okay. >> So right now everybody's response, not >> So right now everybody's response, not >> So right now everybody's response, not everybody, right now the vast majority everybody, right now the vast majority everybody, right now the vast majority of people are processing through what's of people are processing through what's of people are processing through what's going on right now through an emotional going on right now through an emotional going on right now through an emotional lens. what I wish to be true, what I lens. what I wish to be true, what I lens. what I wish to be true, what I want instead of okay, what when you look want instead of okay, what when you look want instead of okay, what when you look at the cause and effect, how do we get at the cause and effect, how do we get at the cause and effect, how do we get from here to where you want to be? from here to where you want to be? from here to where you want to be? >> And we should be just if anybody wants >> And we should be just if anybody wants >> And we should be just if anybody wants to contribute meaningfully to that in to contribute meaningfully to that in to contribute meaningfully to that in whatever way they can, I get it. Most of whatever way they can, I get it. Most of whatever way they can, I get it. Most of us are going to contribute in some small us are going to contribute in some small us are going to contribute in some small way. But if we're going to contribute in way. But if we're going to contribute in way. But if we're going to contribute in some small way to something that some small way to something that some small way to something that actually makes sense, it's got to be actually makes sense, it's got to be actually makes sense, it's got to be based on cause and effect. And you've based on cause and effect. And you've based on cause and effect. And you've got to be able to trace the logic of got to be able to trace the logic of got to be able to trace the logic of cause and effect from where we are to cause and effect from where we are to cause and effect from where we are to where we want to end up. And if anything where we want to end up. And if anything where we want to end up. And if anything breaks down in there, you should be breaks down in there, you should be breaks down in there, you should be hungry to find out where it is going to hungry to find out where it is going to hungry to find out where it is going to break down so that we can actually build break down so that we can actually build break down so that we can actually build a bridge that's going to work. a bridge that's going to work. a bridge that's going to work. >> And more and more what I see is people >> And more and more what I see is people >> And more and more what I see is people they get to a narrative point that feels they get to a narrative point that feels they get to a narrative point that feels right and they just stop. right and they just stop. right and they just stop. >> Yeah. I think when we break down Trump's >> Yeah. I think when we break down Trump's >> Yeah. I think when we break down Trump's response though, I do think that we do a response though, I do think that we do a response though, I do think that we do a spectacular spectacular amount of mental spectacular spectacular amount of mental spectacular spectacular amount of mental gymnastics in order to justify his gymnastics in order to justify his gymnastics in order to justify his irrational decisions. And I understand irrational decisions. And I understand irrational decisions. And I understand like the joke of like the joke of like the joke of >> who's the were in this >> who's the were in this >> who's the were in this >> um the 4D chess audience because I think >> um the 4D chess audience because I think >> um the 4D chess audience because I think every time Trump comes out with this every time Trump comes out with this every time Trump comes out with this like statement it can be Trump can come like statement it can be Trump can come like statement it can be Trump can come out tomorrow and say I want to go to war out tomorrow and say I want to go to war out tomorrow and say I want to go to war with uh Ukraine because I think Ukraine with uh Ukraine because I think Ukraine with uh Ukraine because I think Ukraine is a threat to democracy. Okay. There's is a threat to democracy. Okay. There's is a threat to democracy. Okay. There's going to be somebody that jumps in going to be somebody that jumps in going to be somebody that jumps in immediately and be like yeah the reason immediately and be like yeah the reason immediately and be like yeah the reason he's really going to be roed with he's really going to be roed with he's really going to be roed with Ukrainians and nobody's like well wait Ukrainians and nobody's like well wait Ukrainians and nobody's like well wait why is he doing this? What's going on? why is he doing this? What's going on? why is he doing this? What's going on? It's before we even say this is a good It's before we even say this is a good It's before we even say this is a good idea or a bad idea. People are already idea or a bad idea. People are already idea or a bad idea. People are already spinning their wheels to justify it to spinning their wheels to justify it to spinning their wheels to justify it to make it look good to put to paint Trump make it look good to put to paint Trump make it look good to put to paint Trump in the positive without even saying okay in the positive without even saying okay in the positive without even saying okay was this a good idea what were the was this a good idea what were the was this a good idea what were the alternative ideas and why did he choose alternative ideas and why did he choose alternative ideas and why did he choose that one. that one. that one. >> Yes to totally. So the what I want to do >> Yes to totally. So the what I want to do >> Yes to totally. So the what I want to do though though though >> is move everybody away from the argument >> is move everybody away from the argument >> is move everybody away from the argument of whether this is 4D chess or not which of whether this is 4D chess or not which of whether this is 4D chess or not which just doesn't matter just doesn't matter just doesn't matter >> and you start looking at what's the >> and you start looking at what's the >> and you start looking at what's the cause and effect. So, he's doing this cause and effect. So, he's doing this cause and effect. So, he's doing this thing. It's having this effect. What do thing. It's having this effect. What do thing. It's having this effect. What do we need to do next? Is that the thing we need to do next? Is that the thing we need to do next? Is that the thing that Trump is doing or not? Now, by way that Trump is doing or not? Now, by way that Trump is doing or not? Now, by way of cuz there are times where I'll go, of cuz there are times where I'll go, of cuz there are times where I'll go, listen, he could be doing this, he could listen, he could be doing this, he could listen, he could be doing this, he could be doing this, he could be completely be doing this, he could be completely be doing this, he could be completely confused, whatever. But by mapping it confused, whatever. But by mapping it confused, whatever. But by mapping it out, you're showing a chain of logic. out, you're showing a chain of logic. out, you're showing a chain of logic. And that's where trying to get everybody And that's where trying to get everybody And that's where trying to get everybody beyond the is this 40 chess or not onto beyond the is this 40 chess or not onto beyond the is this 40 chess or not onto okay, let's just talk about the actual okay, let's just talk about the actual okay, let's just talk about the actual event. It has these knowable event. It has these knowable event. It has these knowable consequences. There will be some consequences. There will be some consequences. There will be some unknowable consequences. If this unknowable consequences. If this unknowable consequences. If this happens, where do we go? If this happens, where do we go? If this happens, where do we go? If this happens, where do we go? This is like uh happens, where do we go? This is like uh happens, where do we go? This is like uh I think I actually said this to Dave in I think I actually said this to Dave in I think I actually said this to Dave in the interview, Dave Smith. the interview, Dave Smith. the interview, Dave Smith. >> Um let's just run the thought experiment >> Um let's just run the thought experiment >> Um let's just run the thought experiment of what happens if we do what you're of what happens if we do what you're of what happens if we do what you're saying and Israel takes the boot off the saying and Israel takes the boot off the saying and Israel takes the boot off the neck of um people in Palestine. neck of um people in Palestine. neck of um people in Palestine. Palestine becomes its own state. There's Palestine becomes its own state. There's Palestine becomes its own state. There's no blockade. They do whatever the hell no blockade. They do whatever the hell no blockade. They do whatever the hell they want and then they attack Israel in they want and then they attack Israel in they want and then they attack Israel in that scenario. Now, let's talk through that scenario. Now, let's talk through that scenario. Now, let's talk through what we actually would um consider right what we actually would um consider right what we actually would um consider right or moral for them to do or moral for them to do or moral for them to do >> because the one thing I find is people >> because the one thing I find is people >> because the one thing I find is people will stop at the um I don't like this will stop at the um I don't like this will stop at the um I don't like this thing. This thing shouldn't be that way. thing. This thing shouldn't be that way. thing. This thing shouldn't be that way. And I'm like, okay, fair, but it is that And I'm like, okay, fair, but it is that And I'm like, okay, fair, but it is that way. And so now let's go with the way. And so now let's go with the way. And so now let's go with the thought experiment because you can begin thought experiment because you can begin thought experiment because you can begin to understand either how we believe this to understand either how we believe this to understand either how we believe this ought to play out, how we believe this ought to play out, how we believe this ought to play out, how we believe this is playing out. Both mapping to is and is playing out. Both mapping to is and is playing out. Both mapping to is and the uh like all of these things are the uh like all of these things are the uh like all of these things are knowable. knowable. knowable. >> They are discussible. Much better way to >> They are discussible. Much better way to >> They are discussible. Much better way to say it. And so what people tend to do say it. And so what people tend to do say it. And so what people tend to do though is they'll get caught up on it's though is they'll get caught up on it's though is they'll get caught up on it's not 40 chess. This guy's an idiot. not 40 chess. This guy's an idiot. not 40 chess. This guy's an idiot. >> Heard. Great. I accept that's your >> Heard. Great. I accept that's your >> Heard. Great. I accept that's your position. Now let's move forward with position. Now let's move forward with position. Now let's move forward with let's look at the daisy chain. Where do let's look at the daisy chain. Where do let's look at the daisy chain. Where do we think this goes from here? Whether we think this goes from here? Whether we think this goes from here? Whether it's a bumbling set of steps or whether it's a bumbling set of steps or whether it's a bumbling set of steps or whether it's actually got a chain of cause and it's actually got a chain of cause and it's actually got a chain of cause and effect. Where do we think this goes? And effect. Where do we think this goes? And effect. Where do we think this goes? And then with every movement hopefully we then with every movement hopefully we then with every movement hopefully we get a little bit closer to mapping get a little bit closer to mapping get a little bit closer to mapping someone's behavior so that we can someone's behavior so that we can someone's behavior so that we can actually figure out, okay, this is actually figure out, okay, this is actually figure out, okay, this is likely to go in this direction. So for likely to go in this direction. So for likely to go in this direction. So for instance, I think Trump is prone to two instance, I think Trump is prone to two instance, I think Trump is prone to two things. This is how I'm mapping him things. This is how I'm mapping him things. This is how I'm mapping him right now and I'll certainly update if right now and I'll certainly update if right now and I'll certainly update if it changes. Um, escalatory dominance is it changes. Um, escalatory dominance is it changes. Um, escalatory dominance is the thing that he uses. I'm just going the thing that he uses. I'm just going the thing that he uses. I'm just going to keep getting louder, smash more to keep getting louder, smash more to keep getting louder, smash more things, break more things uh to get what things, break more things uh to get what things, break more things uh to get what I want. I want. I want. >> And at the same time, he pays deep >> And at the same time, he pays deep >> And at the same time, he pays deep attention to the markets. And so he'll attention to the markets. And so he'll attention to the markets. And so he'll go go until he sees that US treasuries go go until he sees that US treasuries go go until he sees that US treasuries are getting too expensive and then he's are getting too expensive and then he's are getting too expensive and then he's going to deescalate. And it's like, going to deescalate. And it's like, going to deescalate. And it's like, okay, those are two very useful points okay, those are two very useful points okay, those are two very useful points of information. I also think that he of information. I also think that he of information. I also think that he will leave things in chaos as long as will leave things in chaos as long as will leave things in chaos as long as it's not bad for America on an economic it's not bad for America on an economic it's not bad for America on an economic standpoint right now today because I do standpoint right now today because I do standpoint right now today because I do think that Trump often thinks to one think that Trump often thinks to one think that Trump often thinks to one order of consequence and then stops order of consequence and then stops order of consequence and then stops thinking. And so I think so all of that thinking. And so I think so all of that thinking. And so I think so all of that influences me to think there's this web influences me to think there's this web influences me to think there's this web of options that are before us in terms of options that are before us in terms of options that are before us in terms of how this could play out. I think of how this could play out. I think of how this could play out. I think Trump will continue to be as aggressive Trump will continue to be as aggressive Trump will continue to be as aggressive and talk about smash mash mash uh as he and talk about smash mash mash uh as he and talk about smash mash mash uh as he can and then if the um cost of interest can and then if the um cost of interest can and then if the um cost of interest on the um US Treasury gets too high, on the um US Treasury gets too high, on the um US Treasury gets too high, he's going to pull back. He's going to he's going to pull back. He's going to he's going to pull back. He's going to do deescalatory rhetoric up to and do deescalatory rhetoric up to and do deescalatory rhetoric up to and including leaving claiming victory even including leaving claiming victory even including leaving claiming victory even though he's leaving it in a mess because though he's leaving it in a mess because though he's leaving it in a mess because he knows the reality is he's may not be he knows the reality is he's may not be he knows the reality is he's may not be thinking through all the loss of allies thinking through all the loss of allies thinking through all the loss of allies but he knows that the US can produce a but he knows that the US can produce a but he knows that the US can produce a metric [ __ ] ton of oil especially with metric [ __ ] ton of oil especially with metric [ __ ] ton of oil especially with our relationship with Venezuela which our relationship with Venezuela which our relationship with Venezuela which means that some percentage of people means that some percentage of people means that some percentage of people will leave the chaos in the Middle East will leave the chaos in the Middle East will leave the chaos in the Middle East and now come and buy oil from the US. and now come and buy oil from the US. and now come and buy oil from the US. So, you put that all together and it's So, you put that all together and it's So, you put that all together and it's like, yeah, those are some pretty dark like, yeah, those are some pretty dark like, yeah, those are some pretty dark days, but they reorient you towards this days, but they reorient you towards this days, but they reorient you towards this idea that he's talking openly about, but idea that he's talking openly about, but idea that he's talking openly about, but does not seem to gain any traction in does not seem to gain any traction in does not seem to gain any traction in the press, which is the greater North the press, which is the greater North the press, which is the greater North America idea. And so then it's like, America idea. And so then it's like, America idea. And so then it's like, okay, if we can start mapping that stuff okay, if we can start mapping that stuff okay, if we can start mapping that stuff out, then we go, well, what does that out, then we go, well, what does that out, then we go, well, what does that look like when you're alienating Canada look like when you're alienating Canada look like when you're alienating Canada and Mexico? Like, how do we get and Mexico? Like, how do we get and Mexico? Like, how do we get >> cohesion >> cohesion >> cohesion >> in that area? And what do we want to see >> in that area? And what do we want to see >> in that area? And what do we want to see happen there? And then how does that happen there? And then how does that happen there? And then how does that influence who and what we vote for? influence who and what we vote for? influence who and what we vote for? Because that's like there are going to Because that's like there are going to Because that's like there are going to need to be two really pressing questions need to be two really pressing questions need to be two really pressing questions at the midterms for anybody that wants at the midterms for anybody that wants at the midterms for anybody that wants to make sure that the Republicans get to make sure that the Republicans get to make sure that the Republicans get booted out of office. And that's going booted out of office. And that's going booted out of office. And that's going to be, okay, what's your plan with the to be, okay, what's your plan with the to be, okay, what's your plan with the budget? Because if you don't balance the budget? Because if you don't balance the budget? Because if you don't balance the budget, then we're still headed towards budget, then we're still headed towards budget, then we're still headed towards catastrophe. catastrophe. catastrophe. >> Nobody's asking that question, though. >> Nobody's asking that question, though. >> Nobody's asking that question, though. >> I know, much to my dismay. Okay. >> I know, much to my dismay. Okay. >> I know, much to my dismay. Okay. >> And then, but they should be, and it's >> And then, but they should be, and it's >> And then, but they should be, and it's not the only question that matters, but not the only question that matters, but not the only question that matters, but almost. And then the next question is almost. And then the next question is almost. And then the next question is what is your strategy? Is it in terms of what is your strategy? Is it in terms of what is your strategy? Is it in terms of world affairs? So what are you going to world affairs? So what are you going to world affairs? So what are you going to do with Iran? What are you going to do do with Iran? What are you going to do do with Iran? What are you going to do with our allies? And then that way we with our allies? And then that way we with our allies? And then that way we can compare. We have Trump is running a can compare. We have Trump is running a can compare. We have Trump is running a smash and grab strat. smash and grab strat. smash and grab strat. >> Cool. We know what that is. And then >> Cool. We know what that is. And then >> Cool. We know what that is. And then this person's going to this person's going to this person's going to >> and then get those answers. But if we >> and then get those answers. But if we >> and then get those answers. But if we just stop it, I don't like this person just stop it, I don't like this person just stop it, I don't like this person and therefore I'll vote for anybody and therefore I'll vote for anybody and therefore I'll vote for anybody else. you'll just swing all the way in else. you'll just swing all the way in else. you'll just swing all the way in another direction and have a different another direction and have a different another direction and have a different set of woes, but nonetheless woes. set of woes, but nonetheless woes. set of woes, but nonetheless woes. >> Copy. And then at the top of this, you >> Copy. And then at the top of this, you >> Copy. And then at the top of this, you said both the left and the right are said both the left and the right are said both the left and the right are trying to break America in two very trying to break America in two very trying to break America in two very uniquely different ways. They have two uniquely different ways. They have two uniquely different ways. They have two different bets. One person is betting on different bets. One person is betting on different bets. One person is betting on inflated government uh costs to dictate inflated government uh costs to dictate inflated government uh costs to dictate which problems need to be fixed at a which problems need to be fixed at a which problems need to be fixed at a state level. The other side is state level. The other side is state level. The other side is deregulating tax breaks in order to give deregulating tax breaks in order to give deregulating tax breaks in order to give money push the money back down to the money push the money back down to the money push the money back down to the corporation class the ruling class and corporation class the ruling class and corporation class the ruling class and hoping that they are better allocators hoping that they are better allocators hoping that they are better allocators of resources than the government is. Now of resources than the government is. Now of resources than the government is. Now when we first when we first when we first >> I wouldn't have framed it that way but >> I wouldn't have framed it that way but >> I wouldn't have framed it that way but that is a dichotomy that is a dichotomy that is a dichotomy >> that but that's like I I didn't lie in >> that but that's like I I didn't lie in >> that but that's like I I didn't lie in that way of that way of that way of >> if you're trying to represent me it's >> if you're trying to represent me it's >> if you're trying to represent me it's not a lie it's just incorrect. not a lie it's just incorrect. not a lie it's just incorrect. >> Okay but how would you dictate the >> Okay but how would you dictate the >> Okay but how would you dictate the Republican reallocated reallocation of Republican reallocated reallocation of Republican reallocated reallocation of resources? Uh my beef was with the resources? Uh my beef was with the resources? Uh my beef was with the framing of the left. So I think that the framing of the left. So I think that the framing of the left. So I think that the left left left >> pushing it to the government class to >> pushing it to the government class to >> pushing it to the government class to dictate which problems get solved on the dictate which problems get solved on the dictate which problems get solved on the state level. state level. state level. >> Yes. I don't think that they are trying >> Yes. I don't think that they are trying >> Yes. I don't think that they are trying to solve problems on the state level. I to solve problems on the state level. I to solve problems on the state level. I think that they are wildly economically think that they are wildly economically think that they are wildly economically illiterate and they are bending towards illiterate and they are bending towards illiterate and they are bending towards socialism. Though I know Michael Malice socialism. Though I know Michael Malice socialism. Though I know Michael Malice thinks that the political wing uh not thinks that the political wing uh not thinks that the political wing uh not the political wing the um the political wing the um the political wing the um >> what does he call it? The corporate >> what does he call it? The corporate >> what does he call it? The corporate corporate wing. the corporate wing of corporate wing. the corporate wing of corporate wing. the corporate wing of the Democrats is stronger than I think. the Democrats is stronger than I think. the Democrats is stronger than I think. I have not seen evidence of that. We'll I have not seen evidence of that. We'll I have not seen evidence of that. We'll see that that'll play out in the see that that'll play out in the see that that'll play out in the >> All the donors are the the corporate >> All the donors are the the corporate >> All the donors are the the corporate [laughter] [laughter] [laughter] like like like >> Yeah. But if you look at who's actually >> Yeah. But if you look at who's actually >> Yeah. But if you look at who's actually getting elected, uh I still believe that getting elected, uh I still believe that getting elected, uh I still believe that mom Donnie is the spirit animal of the mom Donnie is the spirit animal of the mom Donnie is the spirit animal of the Democratic party. Democratic party. Democratic party. >> But all the people who swung these >> But all the people who swung these >> But all the people who swung these midterms and inter intermediate midterms and inter intermediate midterms and inter intermediate elections, the governors, the republic, elections, the governors, the republic, elections, the governors, the republic, the uh governors and the senators in the the uh governors and the senators in the the uh governors and the senators in the on the Democrats, they're still getting on the Democrats, they're still getting on the Democrats, they're still getting Goldman Sachs check checks. They're Goldman Sachs check checks. They're Goldman Sachs check checks. They're still getting big pharma checks. So, still getting big pharma checks. So, still getting big pharma checks. So, it's this the corporate oligarchy of the it's this the corporate oligarchy of the it's this the corporate oligarchy of the Democratic party is still very much Democratic party is still very much Democratic party is still very much active and well in electing people. active and well in electing people. active and well in electing people. >> I I have placed my map my my marker of >> I I have placed my map my my marker of >> I I have placed my map my my marker of where I'm at right now. And the marker where I'm at right now. And the marker where I'm at right now. And the marker of where I'm at right now is that of where I'm at right now is that of where I'm at right now is that >> uh there is a reason that fraud, waste, >> uh there is a reason that fraud, waste, >> uh there is a reason that fraud, waste, and abuse is so grotesque in California, and abuse is so grotesque in California, and abuse is so grotesque in California, uh in Minneapolis, Minnesota. Uh we'll uh in Minneapolis, Minnesota. Uh we'll uh in Minneapolis, Minnesota. Uh we'll find out if it's just as bad in red find out if it's just as bad in red find out if it's just as bad in red states. And if it is, then that would states. And if it is, then that would states. And if it is, then that would certainly update my mental map. But certainly update my mental map. But certainly update my mental map. But right now when I hear people on the left right now when I hear people on the left right now when I hear people on the left talk about economics, it is ridiculous. talk about economics, it is ridiculous. talk about economics, it is ridiculous. Um I don't I know we're going to go to Um I don't I know we're going to go to Um I don't I know we're going to go to this later, but if you want to play the this later, but if you want to play the this later, but if you want to play the clip from uh Kla Harris, like this [ __ ] clip from uh Kla Harris, like this [ __ ] clip from uh Kla Harris, like this [ __ ] is wild. And I've played the clip of and is wild. And I've played the clip of and is wild. And I've played the clip of and by the way bringing up Kla Harris by the way bringing up Kla Harris by the way bringing up Kla Harris because now that Eric Swallwell has because now that Eric Swallwell has because now that Eric Swallwell has pulled out, people are saying that Kla pulled out, people are saying that Kla pulled out, people are saying that Kla Harris is going to run for governor of Harris is going to run for governor of Harris is going to run for governor of California. uh they've already put out a California. uh they've already put out a California. uh they've already put out a poll asking how people would respond to poll asking how people would respond to poll asking how people would respond to her doing so. Um so and there are people her doing so. Um so and there are people her doing so. Um so and there are people that think that she's going to run for that think that she's going to run for that think that she's going to run for president again. That one seems less president again. That one seems less president again. That one seems less likely, but I suppose. Um so let's likely, but I suppose. Um so let's likely, but I suppose. Um so let's listen to Kla Harris speak about the listen to Kla Harris speak about the listen to Kla Harris speak about the inflation specifically. inflation specifically. inflation specifically. >> What else are you going to do to fix >> What else are you going to do to fix >> What else are you going to do to fix this problem with inflation? this problem with inflation? this problem with inflation? >> Right. Thank you. Well, let's start with >> Right. Thank you. Well, let's start with >> Right. Thank you. Well, let's start with this. Prices have gone up Prices have gone up and and and families and individuals are dealing families and individuals are dealing families and individuals are dealing with the realities of of the that bread with the realities of of the that bread with the realities of of the that bread costs more that gas costs more. And we costs more that gas costs more. And we costs more that gas costs more. And we have to understand what that means. have to understand what that means. have to understand what that means. That's about the cost of living going That's about the cost of living going That's about the cost of living going up. That's about having to stress and up. That's about having to stress and up. That's about having to stress and stretch limited resources. That's about stretch limited resources. That's about stretch limited resources. That's about a source of stress for families that is a source of stress for families that is a source of stress for families that is not only economic but is on a daily not only economic but is on a daily not only economic but is on a daily level something that is a heavy weight level something that is a heavy weight level something that is a heavy weight to carry. So it is something that we to carry. So it is something that we to carry. So it is something that we take very seriously, very seriously. And take very seriously, very seriously. And take very seriously, very seriously. And we know from the history of this issue we know from the history of this issue we know from the history of this issue in the United States that when you see in the United States that when you see in the United States that when you see these prices go up, these prices go up, these prices go up, it has a direct impact on the quality of it has a direct impact on the quality of it has a direct impact on the quality of life for all people in our country. So life for all people in our country. So life for all people in our country. So it's a big issue and we take it it's a big issue and we take it it's a big issue and we take it seriously and it is a priority. seriously and it is a priority. seriously and it is a priority. Therefore, Therefore, Therefore, >> you see it like my beef with this is >> you see it like my beef with this is >> you see it like my beef with this is that it gets cut off at this top of the that it gets cut off at this top of the that it gets cut off at this top of the interview. So interview. So interview. So >> So wait, you think she get she brings it >> So wait, you think she get she brings it >> So wait, you think she get she brings it all back around? all back around? all back around? >> To me, this is the setup of a response >> To me, this is the setup of a response >> To me, this is the setup of a response to a question. She does not understand to a question. She does not understand to a question. She does not understand economics. economics. economics. >> That That's my stance. >> That That's my stance. >> That That's my stance. >> So the same >> So the same >> So the same >> and we can pull up more clips of her >> and we can pull up more clips of her >> and we can pull up more clips of her >> the same way how we laid out >> the same way how we laid out >> the same way how we laid out >> Trump said this thing, but here's what I >> Trump said this thing, but here's what I >> Trump said this thing, but here's what I think the web of possibilities that are think the web of possibilities that are think the web of possibilities that are in front of him. in front of him. in front of him. >> Mhm. >> Mhm. >> Mhm. >> We have a clip where she talks for a >> We have a clip where she talks for a >> We have a clip where she talks for a minute and don't get me wrong, she's minute and don't get me wrong, she's minute and don't get me wrong, she's definitely given the inflation is a definitely given the inflation is a definitely given the inflation is a problem. It's a political answer problem. It's a political answer problem. It's a political answer >> and people are suffering and we have to >> and people are suffering and we have to >> and people are suffering and we have to understand that prices are going up and understand that prices are going up and understand that prices are going up and the quality of life is impacted. That is the quality of life is impacted. That is the quality of life is impacted. That is the emotional the emotional the emotional >> that's not a political answer. That's a >> that's not a political answer. That's a >> that's not a political answer. That's a vamp around I don't know how to explain vamp around I don't know how to explain vamp around I don't know how to explain it. it. it. >> That's the emotional appeal to my voters >> That's the emotional appeal to my voters >> That's the emotional appeal to my voters because my voters vote emotionally. So because my voters vote emotionally. So because my voters vote emotionally. So that's the same question that if people that's the same question that if people that's the same question that if people are saying Trump, how are you going to are saying Trump, how are you going to are saying Trump, how are you going to make America safer in 2025 that he would make America safer in 2025 that he would make America safer in 2025 that he would say, first off, America's a complete say, first off, America's a complete say, first off, America's a complete ruin. Biden ruined everything. The world ruin. Biden ruined everything. The world ruin. Biden ruined everything. The world is on fire. That's not him not is on fire. That's not him not is on fire. That's not him not understanding the question. That's him understanding the question. That's him understanding the question. That's him setting the stage for this is where we setting the stage for this is where we setting the stage for this is where we are. This is what's happened. Now this are. This is what's happened. Now this are. This is what's happened. Now this is what I would do that he was too is what I would do that he was too is what I would do that he was too scared to do. scared to do. scared to do. >> I'm confused as to what your thesis is. >> I'm confused as to what your thesis is. >> I'm confused as to what your thesis is. So my thesis is uh the left on mass and So my thesis is uh the left on mass and So my thesis is uh the left on mass and Kla Harris specifically Kla Harris specifically Kla Harris specifically >> are economically illiterate. They >> are economically illiterate. They >> are economically illiterate. They actually don't understand the economy actually don't understand the economy actually don't understand the economy >> and that this clip is evidence of the >> and that this clip is evidence of the >> and that this clip is evidence of the fact that Kla Harris specifically does fact that Kla Harris specifically does fact that Kla Harris specifically does not understand what inflation is, which not understand what inflation is, which not understand what inflation is, which is why she can't tell you what she's is why she can't tell you what she's is why she can't tell you what she's going to do about it. going to do about it. going to do about it. >> Your thesis is what? My thesis is we're >> Your thesis is what? My thesis is we're >> Your thesis is what? My thesis is we're using this clip, this one minute out of using this clip, this one minute out of using this clip, this one minute out of context, but it it matches your world context, but it it matches your world context, but it it matches your world view. So you're putting it in the I'm view. So you're putting it in the I'm view. So you're putting it in the I'm classifying this as evidence of this classifying this as evidence of this classifying this as evidence of this worldview that I have. That is worldview that I have. That is worldview that I have. That is >> But do you think that my thesis is wrong >> But do you think that my thesis is wrong >> But do you think that my thesis is wrong >> that Kamala Harris doesn't understand >> that Kamala Harris doesn't understand >> that Kamala Harris doesn't understand inflation? inflation? inflation? >> Correct. >> Correct. >> Correct. >> I I mean I don't think you are able to >> I I mean I don't think you are able to >> I I mean I don't think you are able to run for president without understanding run for president without understanding run for president without understanding inflation. So I think she at least inflation. So I think she at least inflation. So I think she at least understands inflation. I don't think she understands inflation. I don't think she understands inflation. I don't think she has a good idea of how to solve it. But has a good idea of how to solve it. But has a good idea of how to solve it. But I also don't think Trump had a good idea I also don't think Trump had a good idea I also don't think Trump had a good idea to solve inflation cuz we're still up. to solve inflation cuz we're still up. to solve inflation cuz we're still up. So, I don't think she's the only I don't So, I don't think she's the only I don't So, I don't think she's the only I don't think she's the only presidential think she's the only presidential think she's the only presidential candidate that is uniquely ignorant candidate that is uniquely ignorant candidate that is uniquely ignorant about inflation. I don't think if I about inflation. I don't think if I about inflation. I don't think if I haven't seen anything on the right that haven't seen anything on the right that haven't seen anything on the right that people who have ran and won, not people people who have ran and won, not people people who have ran and won, not people who are just talking or people who are who are just talking or people who are who are just talking or people who are on shows, but people who are on the on shows, but people who are on the on shows, but people who are on the right who have won who are then trying right who have won who are then trying right who have won who are then trying to enact in legislation that fights to enact in legislation that fights to enact in legislation that fights inflation. Because as much as we want to inflation. Because as much as we want to inflation. Because as much as we want to talk about inflation is based on the talk about inflation is based on the talk about inflation is based on the unbalanced budget, we also have seen unbalanced budget, we also have seen unbalanced budget, we also have seen Republican regimes cutting taxes at a Republican regimes cutting taxes at a Republican regimes cutting taxes at a rate that increases the deficit that rate that increases the deficit that rate that increases the deficit that doesn't help the balance that doesn't doesn't help the balance that doesn't doesn't help the balance that doesn't balance the budget, things like that. So balance the budget, things like that. So balance the budget, things like that. So >> uh so if I can um say in a succinct way >> uh so if I can um say in a succinct way >> uh so if I can um say in a succinct way what I think your uh hypothesis is, let what I think your uh hypothesis is, let what I think your uh hypothesis is, let me know if this is accurate. Neither the me know if this is accurate. Neither the me know if this is accurate. Neither the left or the right understand the economy left or the right understand the economy left or the right understand the economy and it is unfair to single out the left and it is unfair to single out the left and it is unfair to single out the left which you Tom are only doing because it which you Tom are only doing because it which you Tom are only doing because it fits your worldview. fits your worldview. fits your worldview. >> Single out Kla Harris because it fits >> Single out Kla Harris because it fits >> Single out Kla Harris because it fits your worldview, not the left. your worldview, not the left. your worldview, not the left. >> Sorry. >> Sorry. >> Sorry. >> Yeah. >> Yeah. >> Yeah. >> Okay, that's clear. Um I think that >> Okay, that's clear. Um I think that >> Okay, that's clear. Um I think that that's that's that's >> factually inaccurate. >> factually inaccurate. >> factually inaccurate. Uh, and I'll speedun what has led me to Uh, and I'll speedun what has led me to Uh, and I'll speedun what has led me to this worldview because I do not care. I this worldview because I do not care. I this worldview because I do not care. I don't identify as being left or right. don't identify as being left or right. don't identify as being left or right. >> Uh, so I am perfectly happy. >> Uh, so I am perfectly happy. >> Uh, so I am perfectly happy. >> Anybody who will get into office that >> Anybody who will get into office that >> Anybody who will get into office that will actually make the changes that we will actually make the changes that we will actually make the changes that we need is going to get my vote. need is going to get my vote. need is going to get my vote. >> Yeah. >> Yeah. >> Yeah. >> Um, but here's why. when I look at >> Um, but here's why. when I look at >> Um, but here's why. when I look at people on the left, the things that I people on the left, the things that I people on the left, the things that I see them say, and if you see people that see them say, and if you see people that see them say, and if you see people that are making um fiscally responsible are making um fiscally responsible are making um fiscally responsible arguments, please surface them for me. arguments, please surface them for me. arguments, please surface them for me. But But But >> what I see people doing is showing a >> what I see people doing is showing a >> what I see people doing is showing a distressing lack of the understanding of distressing lack of the understanding of distressing lack of the understanding of cause and effect in the economy. So cause and effect in the economy. So cause and effect in the economy. So you've got mom Donnie and all the you've got mom Donnie and all the you've got mom Donnie and all the socialist [ __ ] that he says, which just socialist [ __ ] that he says, which just socialist [ __ ] that he says, which just from a physics of money standpoint is so from a physics of money standpoint is so from a physics of money standpoint is so broken and so terrifyingly wrong that he broken and so terrifyingly wrong that he broken and so terrifyingly wrong that he is guaranteed to if he follows those is guaranteed to if he follows those is guaranteed to if he follows those policies. I'm obviously always hoping policies. I'm obviously always hoping policies. I'm obviously always hoping that he will wake up and realize that that he will wake up and realize that that he will wake up and realize that there's cause and effect, but uh if you there's cause and effect, but uh if you there's cause and effect, but uh if you follow those policies, which I bang that follow those policies, which I bang that follow those policies, which I bang that drum plenty, and if drum plenty, and if drum plenty, and if >> Yeah, I I kind of I get the speedrun >> Yeah, I I kind of I get the speedrun >> Yeah, I I kind of I get the speedrun from that. So, let me just tag in right from that. So, let me just tag in right from that. So, let me just tag in right there because this is something I don't there because this is something I don't there because this is something I don't push back on you a lot when you say um push back on you a lot when you say um push back on you a lot when you say um we both agree, I think, that we don't we both agree, I think, that we don't we both agree, I think, that we don't run a purely capitalist system in run a purely capitalist system in run a purely capitalist system in America. America. America. >> Yeah. So, we have socialism sometimes >> Yeah. So, we have socialism sometimes >> Yeah. So, we have socialism sometimes when it's convenient for the a greater a when it's convenient for the a greater a when it's convenient for the a greater a great amount of people. So sometimes great amount of people. So sometimes great amount of people. So sometimes we'll socialize losses for the banks we'll socialize losses for the banks we'll socialize losses for the banks because we know they're going to help because we know they're going to help because we know they're going to help this middle class get mortgages for this middle class get mortgages for this middle class get mortgages for houses and we justify it and we write it houses and we justify it and we write it houses and we justify it and we write it off. Sometimes we socialize things for off. Sometimes we socialize things for off. Sometimes we socialize things for the for uh for the automotive industry the for uh for the automotive industry the for uh for the automotive industry because this is a tier one pillar of because this is a tier one pillar of because this is a tier one pillar of America. If America can't manufacture, America. If America can't manufacture, America. If America can't manufacture, we're gone. Understand that we socialize we're gone. Understand that we socialize we're gone. Understand that we socialize losses for the military because it's losses for the military because it's losses for the military because it's national defense. When we need national defense. When we need national defense. When we need something, we create money for it and we something, we create money for it and we something, we create money for it and we are able to implement those policies. I are able to implement those policies. I are able to implement those policies. I think that the same way we are mostly think that the same way we are mostly think that the same way we are mostly capitalism, little bit of socialism over capitalism, little bit of socialism over capitalism, little bit of socialism over here is the same way that like a mom here is the same way that like a mom here is the same way that like a mom dining character would be like I'm most dining character would be like I'm most dining character would be like I'm most I'm mostly socialism but when I hit that I'm mostly socialism but when I hit that I'm mostly socialism but when I hit that lever I'm going have to add in a little lever I'm going have to add in a little lever I'm going have to add in a little bit of capitalism and that goes back to bit of capitalism and that goes back to bit of capitalism and that goes back to the more oligarchal wing of the the more oligarchal wing of the the more oligarchal wing of the Democratic party. Yeah, give away people Democratic party. Yeah, give away people Democratic party. Yeah, give away people free Medicare uh free Medicare because free Medicare uh free Medicare because free Medicare uh free Medicare because the far big pharma companies don't care the far big pharma companies don't care the far big pharma companies don't care because they know that that's going to because they know that that's going to because they know that that's going to be more money for my pocket. So I'll put be more money for my pocket. So I'll put be more money for my pocket. So I'll put I'll prop up that candidate because I'll prop up that candidate because I'll prop up that candidate because that's better for me just like Loheed that's better for me just like Loheed that's better for me just like Loheed Martin's going to prop up a poor war Martin's going to prop up a poor war Martin's going to prop up a poor war proar candidate. I think that when we proar candidate. I think that when we proar candidate. I think that when we get to certain checks and balances, I get to certain checks and balances, I get to certain checks and balances, I think the same a little bit of socialism think the same a little bit of socialism think the same a little bit of socialism that the capitalism sprinkle, they don't that the capitalism sprinkle, they don't that the capitalism sprinkle, they don't think the socialisms are going to think the socialisms are going to think the socialisms are going to sprinkle a little bit of capitalism when sprinkle a little bit of capitalism when sprinkle a little bit of capitalism when they hit those rubs. They don't think they hit those rubs. They don't think they hit those rubs. They don't think that they're going to turn those levers that they're going to turn those levers that they're going to turn those levers just like historically we have turned just like historically we have turned just like historically we have turned those levers. And that's why I think those levers. And that's why I think those levers. And that's why I think it's an unfair comparison because we're it's an unfair comparison because we're it's an unfair comparison because we're we're allowing exceptions on this side, we're allowing exceptions on this side, we're allowing exceptions on this side, but we're acting like those exceptions but we're acting like those exceptions but we're acting like those exceptions never exist on this side. never exist on this side. never exist on this side. >> Okay. Are you attempting to represent >> Okay. Are you attempting to represent >> Okay. Are you attempting to represent the flaw in my thinking or flaw in the the flaw in my thinking or flaw in the the flaw in my thinking or flaw in the left and the right? I'm going left and the right? I'm going left and the right? I'm going specifically to your thinking because specifically to your thinking because specifically to your thinking because you're saying Mimani is on a one-way you're saying Mimani is on a one-way you're saying Mimani is on a one-way track to socialism. There's going to be track to socialism. There's going to be track to socialism. There's going to be no other alternative method. There's no other alternative method. There's no other alternative method. There's going to be no alternative system going to be no alternative system going to be no alternative system methods he's going to utilize is going methods he's going to utilize is going methods he's going to utilize is going to be socialism or bus. And I'm saying to be socialism or bus. And I'm saying to be socialism or bus. And I'm saying even the free market capitalists that we even the free market capitalists that we even the free market capitalists that we prop up, even the Reagans, there's a prop up, even the Reagans, there's a prop up, even the Reagans, there's a little bit of socialism in some of their little bit of socialism in some of their little bit of socialism in some of their positive, positive, positive, >> right? But do you think I want to >> right? But do you think I want to >> right? But do you think I want to sprinkle the socialism on the capitalist sprinkle the socialism on the capitalist sprinkle the socialism on the capitalist side? side? side? >> No. But I think that the people that you >> No. But I think that the people that you >> No. But I think that the people that you say have a better grasp of the economy, say have a better grasp of the economy, say have a better grasp of the economy, they still sprinkle a little bit of they still sprinkle a little bit of they still sprinkle a little bit of socialism on the capitalism side. socialism on the capitalism side. socialism on the capitalism side. >> Okay. So, um that's very fair that that >> Okay. So, um that's very fair that that >> Okay. So, um that's very fair that that is actively what's happening in terms of is actively what's happening in terms of is actively what's happening in terms of their running unbalanced budgets that their running unbalanced budgets that their running unbalanced budgets that they will money print that they will they will money print that they will they will money print that they will cover. I mean, Trump went crazy during cover. I mean, Trump went crazy during cover. I mean, Trump went crazy during COVID. So, for sure, COVID. So, for sure, COVID. So, for sure, >> big beautiful bill and even the >> big beautiful bill and even the >> big beautiful bill and even the estimated 200 billion for this war. We estimated 200 billion for this war. We estimated 200 billion for this war. We ain't have it, but it's going to be ain't have it, but it's going to be ain't have it, but it's going to be drummed up. [snorts] drummed up. [snorts] drummed up. [snorts] >> Yes. But I think with socialism, you >> Yes. But I think with socialism, you >> Yes. But I think with socialism, you really have to begin teasing out what really have to begin teasing out what really have to begin teasing out what are the mechanisms that they're trying are the mechanisms that they're trying are the mechanisms that they're trying to do. So the thing that people can, if to do. So the thing that people can, if to do. So the thing that people can, if you're going to rage against Trump's you're going to rage against Trump's you're going to rage against Trump's economic policies, uh the economic economic policies, uh the economic economic policies, uh the economic policies, forget for a second the uh policies, forget for a second the uh policies, forget for a second the uh what he's doing in Iran that is causing what he's doing in Iran that is causing what he's doing in Iran that is causing an inflationike an inflationike an inflationike um reaction, um reaction, um reaction, >> but he's trying to lower taxes to spur >> but he's trying to lower taxes to spur >> but he's trying to lower taxes to spur growth. M growth. M growth. M >> and so you can certainly make the >> and so you can certainly make the >> and so you can certainly make the argument that hey you're lowering taxes argument that hey you're lowering taxes argument that hey you're lowering taxes and therefore you're still operating at and therefore you're still operating at and therefore you're still operating at a deficit and therefore you're going to a deficit and therefore you're going to a deficit and therefore you're going to money print and therefore you're going money print and therefore you're going money print and therefore you're going to do the ultimate evil which is to do the ultimate evil which is to do the ultimate evil which is inflation. That is absolutely true. inflation. That is absolutely true. inflation. That is absolutely true. >> The thing that I will say on the right >> The thing that I will say on the right >> The thing that I will say on the right is that you have people like Massie who is that you have people like Massie who is that you have people like Massie who are wearing a pin that counts the are wearing a pin that counts the are wearing a pin that counts the deficit. You've got Trump that deficit. You've got Trump that deficit. You've got Trump that understands that we have to grow our way understands that we have to grow our way understands that we have to grow our way out of this or this is going to be a out of this or this is going to be a out of this or this is going to be a problem. So you at least have people problem. So you at least have people problem. So you at least have people that are um call it dumb and absolutely that are um call it dumb and absolutely that are um call it dumb and absolutely ruining the company, the country. Uh but ruining the company, the country. Uh but ruining the company, the country. Uh but they they understand what actually has they they understand what actually has they they understand what actually has to be done. Whether they can do it or to be done. Whether they can do it or to be done. Whether they can do it or not is a totally different thing. not is a totally different thing. not is a totally different thing. >> And I say the left has like John >> And I say the left has like John >> And I say the left has like John Federman who goes on the right sometimes Federman who goes on the right sometimes Federman who goes on the right sometimes who says not every trans person needs to who says not every trans person needs to who says not every trans person needs to be in the bathroom. Like he fights all be in the bathroom. Like he fights all be in the bathroom. Like he fights all those quote unquote lunatic far-left those quote unquote lunatic far-left those quote unquote lunatic far-left policies. Let me see if I can. policies. Let me see if I can. policies. Let me see if I can. >> Um, are you saying that on the right we >> Um, are you saying that on the right we >> Um, are you saying that on the right we have very few people that are actually have very few people that are actually have very few people that are actually trying to grow our way out of this and trying to grow our way out of this and trying to grow our way out of this and it's basically just socialists as far as it's basically just socialists as far as it's basically just socialists as far as the I can see on the right and the left. the I can see on the right and the left. the I can see on the right and the left. >> No, I think that was a radicalization of >> No, I think that was a radicalization of >> No, I think that was a radicalization of the opinion. And I didn't say that there the opinion. And I didn't say that there the opinion. And I didn't say that there were socialists on them. were socialists on them. were socialists on them. >> Well, but you stopped me to say, well, >> Well, but you stopped me to say, well, >> Well, but you stopped me to say, well, >> you're naming Massie. It's like Massie >> you're naming Massie. It's like Massie >> you're naming Massie. It's like Massie is somebody on the right. is somebody on the right. is somebody on the right. >> I also named Trump and I could have >> I also named Trump and I could have >> I also named Trump and I could have talked about Bess and I could talk about talked about Bess and I could talk about talked about Bess and I could talk about your commerce secretary like there I your commerce secretary like there I your commerce secretary like there I could talk about Sachs. Like there's a could talk about Sachs. Like there's a could talk about Sachs. Like there's a gazillion people that I can talk about gazillion people that I can talk about gazillion people that I can talk about on the right on the right on the right >> in their cabinet that actually have >> in their cabinet that actually have >> in their cabinet that actually have economic literacy. economic literacy. economic literacy. >> But it felt important to you to say that >> But it felt important to you to say that >> But it felt important to you to say that well there's John Federman over here. well there's John Federman over here. well there's John Federman over here. So, I'm trying to figure out if you So, I'm trying to figure out if you So, I'm trying to figure out if you thought that I was giving you an thought that I was giving you an thought that I was giving you an exhaustive list of the people on the exhaustive list of the people on the exhaustive list of the people on the right that are economically literate. right that are economically literate. right that are economically literate. >> You named the president and his cabinet >> You named the president and his cabinet >> You named the president and his cabinet and a and a senator. And I'm saying, and a and a senator. And I'm saying, and a and a senator. And I'm saying, okay, well, I can name you like a okay, well, I can name you like a okay, well, I can name you like a presidential candidate and his senate presidential candidate and his senate presidential candidate and his senate senate counterpart on the left who are senate counterpart on the left who are senate counterpart on the left who are doing doing doing >> okay. So, I'll ask it again. Are you >> okay. So, I'll ask it again. Are you >> okay. So, I'll ask it again. Are you saying that the left and the right are saying that the left and the right are saying that the left and the right are equally socialist? I think that the left equally socialist? I think that the left equally socialist? I think that the left and the right are equally and the right are equally and the right are equally attracted to one system but will turn attracted to one system but will turn attracted to one system but will turn the levers of other system when it the levers of other system when it the levers of other system when it justifies their interest justifies their interest justifies their interest cuz to say that they're equally cuz to say that they're equally cuz to say that they're equally socialist to me is is not the same but socialist to me is is not the same but socialist to me is is not the same but they both have both capitalist they both have both capitalist they both have both capitalist mechanisms and socialism mechanisms that mechanisms and socialism mechanisms that mechanisms and socialism mechanisms that they use depending on their they use depending on their they use depending on their >> are you saying that the left and the >> are you saying that the left and the >> are you saying that the left and the right are going to take us to the same right are going to take us to the same right are going to take us to the same end point end point end point >> off a cliff? Yes. Physically yes. >> off a cliff? Yes. Physically yes. >> off a cliff? Yes. Physically yes. >> Okay. So for you there's left and the >> Okay. So for you there's left and the >> Okay. So for you there's left and the right economically doesn't matter. It's right economically doesn't matter. It's right economically doesn't matter. It's six of one half dozen of the other. six of one half dozen of the other. six of one half dozen of the other. >> Yeah. >> Yeah. >> Yeah. >> Okay. Um and to understand your argument >> Okay. Um and to understand your argument >> Okay. Um and to understand your argument the best is to understand that the left the best is to understand that the left the best is to understand that the left will sprinkle a little bit of capitalism will sprinkle a little bit of capitalism will sprinkle a little bit of capitalism when needed. Let's put that in quotes. when needed. Let's put that in quotes. when needed. Let's put that in quotes. >> And the right will sprinkle a little bit >> And the right will sprinkle a little bit >> And the right will sprinkle a little bit of socialism when needed. of socialism when needed. of socialism when needed. >> Yes. >> Yes. >> Yes. >> Okay. Um and so you feel that I'm doing >> Okay. Um and so you feel that I'm doing >> Okay. Um and so you feel that I'm doing some unjustice. some unjustice. some unjustice. Okay, cuz we got here by saying um the Okay, cuz we got here by saying um the Okay, cuz we got here by saying um the right is trying to grow its way out of a right is trying to grow its way out of a right is trying to grow its way out of a problem. The left is just economically problem. The left is just economically problem. The left is just economically illiterate. Put them in rice. illiterate. Put them in rice. illiterate. Put them in rice. >> And I'm saying well you can >> And I'm saying well you can >> And I'm saying well you can >> criticize the left for their response of >> criticize the left for their response of >> criticize the left for their response of cozying up to socialism which is cozying up to socialism which is cozying up to socialism which is equaling the economic illiteracy. And equaling the economic illiteracy. And equaling the economic illiteracy. And I'm saying we're saying this without I'm saying we're saying this without I'm saying we're saying this without just without acknowledging on the right just without acknowledging on the right just without acknowledging on the right they also have some economic illiteracy they also have some economic illiteracy they also have some economic illiteracy principles but we just justify it in a principles but we just justify it in a principles but we just justify it in a different way. So we don't bring that different way. So we don't bring that different way. So we don't bring that up. Uh that is very helpful to up. Uh that is very helpful to up. Uh that is very helpful to understand that's what you see. That is understand that's what you see. That is understand that's what you see. That is not where I'm at. So um I'll keep not where I'm at. So um I'll keep not where I'm at. So um I'll keep pushing in. Let's find the next area pushing in. Let's find the next area pushing in. Let's find the next area where you feel like I'm being unfair or where you feel like I'm being unfair or where you feel like I'm being unfair or I've not articulated my stance. I've not articulated my stance. I've not articulated my stance. >> Uh okay. So on the right you have an >> Uh okay. So on the right you have an >> Uh okay. So on the right you have an orientation towards growth, economic orientation towards growth, economic orientation towards growth, economic growth. Do we agree on that or no? >> I think both people want growth >> I think both people want growth economically. So, I think comparing the economically. So, I think comparing the economically. So, I think comparing the >> you're going to have to make a case for >> you're going to have to make a case for >> you're going to have to make a case for that. That seems so obviously false that. That seems so obviously false that. That seems so obviously false >> cuz you're comparing intent versus >> cuz you're comparing intent versus >> cuz you're comparing intent versus actions and then you're comparing actions and then you're comparing actions and then you're comparing actions versus intent. And I think we actions versus intent. And I think we actions versus intent. And I think we should start with intent. So, I think should start with intent. So, I think should start with intent. So, I think >> well start start with intent is great. >> well start start with intent is great. >> well start start with intent is great. So, you're telling me that the left So, you're telling me that the left So, you're telling me that the left their intention let's grow economically, their intention let's grow economically, their intention let's grow economically, not let's capture as much money from not let's capture as much money from not let's capture as much money from people via tax as humanly possible people via tax as humanly possible people via tax as humanly possible >> in order to grow the middle and working >> in order to grow the middle and working >> in order to grow the middle and working class. class. class. >> That's not how it growth works. >> That's not how it growth works. >> That's not how it growth works. >> But it's it's a redistribution of >> But it's it's a redistribution of >> But it's it's a redistribution of assets. assets. assets. >> Correct. That's not how growth works. >> Correct. That's not how growth works. >> Correct. That's not how growth works. >> So you're redistributing. >> So you're redistributing. >> So you're redistributing. >> These are fundamentally different >> These are fundamentally different >> These are fundamentally different things. things. things. >> Okay. So let's just lay it out then. So >> Okay. So let's just lay it out then. So >> Okay. So let's just lay it out then. So on the left, we want to redistribute on the left, we want to redistribute on the left, we want to redistribute assets from the from the wealthy class. assets from the from the wealthy class. assets from the from the wealthy class. >> Redistribution on the left >> Redistribution on the left >> Redistribution on the left >> to the working and the lower class. The >> to the working and the lower class. The >> to the working and the lower class. The redistribution on the right is away from redistribution on the right is away from redistribution on the right is away from the government into the I'm going to the government into the I'm going to the government into the I'm going to call it the landlord class, the ruling call it the landlord class, the ruling call it the landlord class, the ruling class. class. class. >> They're the only generate money. So >> They're the only generate money. So >> They're the only generate money. So you're not distributing money from the you're not distributing money from the you're not distributing money from the government. The government only seizes government. The government only seizes government. The government only seizes money from the people. Let's just be money from the people. Let's just be money from the people. Let's just be very clear about very clear about very clear about >> money that was I'm going to say entitled >> money that was I'm going to say entitled >> money that was I'm going to say entitled to the government. to the government. to the government. >> It's not entitled to the government. >> It's not entitled to the government. >> It's not entitled to the government. This is the very difference since This is the very difference since This is the very difference since what you and I have started what we've what you and I have started what we've what you and I have started what we've started down the path of trying to do is started down the path of trying to do is started down the path of trying to do is delineate why I would say that hey these delineate why I would say that hey these delineate why I would say that hey these guys have a different orientation than guys have a different orientation than guys have a different orientation than these guys and you're basically saying these guys and you're basically saying these guys and you're basically saying they don't have a different orientation they don't have a different orientation they don't have a different orientation they're doing the same thing but would they're doing the same thing but would they're doing the same thing but would one does it one does it one does it >> point >> point >> point where and what I'm saying is that is not where and what I'm saying is that is not where and what I'm saying is that is not true and that fundamentally we have to true and that fundamentally we have to true and that fundamentally we have to tease out where the let's call tease out where the let's call tease out where the let's call corruption that's an easy way to say it corruption that's an easy way to say it corruption that's an easy way to say it where the corruption is that they share where the corruption is that they share where the corruption is that they share >> okay what corruptions they have that are >> okay what corruptions they have that are >> okay what corruptions they have that are different and then what orientations different and then what orientations different and then what orientations that they have that are different if that they have that are different if that they have that are different if any. And I'm saying their orientations any. And I'm saying their orientations any. And I'm saying their orientations are so [ __ ] different that that's why are so [ __ ] different that that's why are so [ __ ] different that that's why I keep saying, okay, we've got to look I keep saying, okay, we've got to look I keep saying, okay, we've got to look at these orientations, at these orientations, at these orientations, >> ask very specific questions of our >> ask very specific questions of our >> ask very specific questions of our candidates to understand where they're candidates to understand where they're candidates to understand where they're headed because a Democrat like um headed because a Democrat like um headed because a Democrat like um Clinton Clinton Clinton >> was awesome. Fully supported, was >> was awesome. Fully supported, was >> was awesome. Fully supported, was amazing. It was great to live through. amazing. It was great to live through. amazing. It was great to live through. The economic results were wonderful. So The economic results were wonderful. So The economic results were wonderful. So to me this is about orientation and to me this is about orientation and to me this is about orientation and economic policy. My read of what's economic policy. My read of what's economic policy. My read of what's happening right now is that the left is happening right now is that the left is happening right now is that the left is going more towards redistribution going more towards redistribution going more towards redistribution >> and the right is if you want to make the >> and the right is if you want to make the >> and the right is if you want to make the claim about claim about claim about where they're going pathological is that where they're going pathological is that where they're going pathological is that right now under Trump they will continue right now under Trump they will continue right now under Trump they will continue to spend any amount of money that they to spend any amount of money that they to spend any amount of money that they have to spend to be dominant on the have to spend to be dominant on the have to spend to be dominant on the world stage and they're just being world stage and they're just being world stage and they're just being completely blind to the dangers. Let's completely blind to the dangers. Let's completely blind to the dangers. Let's go to actions cuz on the left we have go to actions cuz on the left we have go to actions cuz on the left we have risk redistribution if everything risk redistribution if everything risk redistribution if everything eliminates. eliminates. eliminates. >> Well, hold on cuz you said we needed to >> Well, hold on cuz you said we needed to >> Well, hold on cuz you said we needed to talk about intention and now as I'm talk about intention and now as I'm talk about intention and now as I'm talking about intention we're going back talking about intention we're going back talking about intention we're going back to actions. to actions. to actions. >> No, because because on the right side >> No, because because on the right side >> No, because because on the right side you're saying this. I'm I'm going to you're saying this. I'm I'm going to you're saying this. I'm I'm going to articulate your point. On the right side articulate your point. On the right side articulate your point. On the right side you're saying they are so busy on growth you're saying they are so busy on growth you're saying they are so busy on growth that's where their focus is. How do you that's where their focus is. How do you that's where their focus is. How do you get to growth? What what policies did get to growth? What what policies did get to growth? What what policies did they enact to get to growth? they enact to get to growth? they enact to get to growth? Redistribution. The big beautiful bill. Redistribution. The big beautiful bill. Redistribution. The big beautiful bill. >> It's not redistribution. So what they're >> It's not redistribution. So what they're >> It's not redistribution. So what they're >> I'm changing the tax policy. So how the >> I'm changing the tax policy. So how the >> I'm changing the tax policy. So how the how the how the budget was set up, I am how the how the budget was set up, I am how the how the budget was set up, I am now changing that. So instead of you now changing that. So instead of you now changing that. So instead of you paying this to the government, you're paying this to the government, you're paying this to the government, you're now paying this to yourself, you're now paying this to yourself, you're now paying this to yourself, you're paying this to your corporations, you're paying this to your corporations, you're paying this to your corporations, you're paying this to the employee. On the left paying this to the employee. On the left paying this to the employee. On the left side, instead of you paying this to side, instead of you paying this to side, instead of you paying this to yourself, instead of paying this to your yourself, instead of paying this to your yourself, instead of paying this to your employee, you're paying this to the employee, you're paying this to the employee, you're paying this to the government. And the government's going government. And the government's going government. And the government's going to do this with to do this with to do this with >> Okay. Are you talking about deficit >> Okay. Are you talking about deficit >> Okay. Are you talking about deficit spending? spending? spending? >> I'm talking about the tax the tax uh >> I'm talking about the tax the tax uh >> I'm talking about the tax the tax uh code. So when we're saying what is the code. So when we're saying what is the code. So when we're saying what is the intention if Republicans want to in intention if Republicans want to in intention if Republicans want to in institute growth, what policy did you do institute growth, what policy did you do institute growth, what policy did you do to institute that growth? How did you to institute that growth? How did you to institute that growth? How did you get to the growth you want? big get to the growth you want? big get to the growth you want? big beautiful bill that was Trump's. This is beautiful bill that was Trump's. This is beautiful bill that was Trump's. This is gonna spur growth. What that bill did, gonna spur growth. What that bill did, gonna spur growth. What that bill did, it lowered the corporate taxes. It made it lowered the corporate taxes. It made it lowered the corporate taxes. It made people So, where your paycheck was going people So, where your paycheck was going people So, where your paycheck was going originally is now going in a different originally is now going in a different originally is now going in a different place. If the government place. If the government place. If the government >> Oh, hold on. Hold on. Why do you say >> Oh, hold on. Hold on. Why do you say >> Oh, hold on. Hold on. Why do you say your paycheck is going to a different your paycheck is going to a different your paycheck is going to a different place? place? place? >> Because from >> Because from >> Because from >> How is a tax cut, your paycheck going to >> How is a tax cut, your paycheck going to >> How is a tax cut, your paycheck going to a different place? saying now we um have a different place? saying now we um have a different place? saying now we um have less money and so therefore your less money and so therefore your less money and so therefore your paycheck still has to go to a government paycheck still has to go to a government paycheck still has to go to a government um program. um program. um program. >> You so how your paycheck was >> You so how your paycheck was >> You so how your paycheck was constructed. constructed. constructed. >> I think here's the difference. You think >> I think here's the difference. You think >> I think here's the difference. You think that the government is entitled to that that the government is entitled to that that the government is entitled to that money and I do not. money and I do not. money and I do not. >> I'm not I don't it's not that I think >> I'm not I don't it's not that I think >> I'm not I don't it's not that I think they're entitled to it or not. What I'm they're entitled to it or not. What I'm they're entitled to it or not. What I'm saying is like saying is like saying is like >> when the Here's just so that you can >> when the Here's just so that you can >> when the Here's just so that you can understand how I think through this. understand how I think through this. understand how I think through this. When the government taxes you less, they When the government taxes you less, they When the government taxes you less, they are stealing less of your money. are stealing less of your money. are stealing less of your money. >> So every time a government taxes you, >> So every time a government taxes you, >> So every time a government taxes you, they're stealing you. That's that's a they're stealing you. That's that's a they're stealing you. That's that's a base assumption. base assumption. base assumption. >> Now you not based assumption. That's the >> Now you not based assumption. That's the >> Now you not based assumption. That's the reality. reality. reality. >> No, but I'm asking bas >> No, but I'm asking bas >> No, but I'm asking bas you can say, hey, you can say, hey, you can say, hey, >> I want certain things to be paid for and >> I want certain things to be paid for and >> I want certain things to be paid for and so I'm going to contribute to this so I'm going to contribute to this so I'm going to contribute to this willingly. willingly. willingly. >> Yes, >> Yes, >> Yes, >> we have gotten to the point where that's >> we have gotten to the point where that's >> we have gotten to the point where that's not what we do because we run deficits. not what we do because we run deficits. not what we do because we run deficits. >> Okay, let's take let's take a step back >> Okay, let's take let's take a step back >> Okay, let's take let's take a step back though cuz we're already two points up though cuz we're already two points up though cuz we're already two points up of the main point. Base assumption. If a of the main point. Base assumption. If a of the main point. Base assumption. If a government taxes you, they're stealing government taxes you, they're stealing government taxes you, they're stealing your money. Since when did government your money. Since when did government your money. Since when did government taxes get enacted? taxes get enacted? taxes get enacted? >> 1913. Want to go further than that? >> 1913. Want to go further than that? >> 1913. Want to go further than that? >> Income tax was [cough] 1913. >> Income tax was [cough] 1913. >> Income tax was [cough] 1913. [clears throat] [clears throat] [clears throat] >> 1913. Since 1913, we have been stolen >> 1913. Since 1913, we have been stolen >> 1913. Since 1913, we have been stolen from and we agreed to the social from and we agreed to the social from and we agreed to the social contract being stolen from. contract being stolen from. contract being stolen from. >> A lot longer than that. But sure. >> A lot longer than that. But sure. >> A lot longer than that. But sure. >> Okay. So, if we want to So, government >> Okay. So, if we want to So, government >> Okay. So, if we want to So, government getting taxing you stealing your money. getting taxing you stealing your money. getting taxing you stealing your money. Okay. But since 1913, we said it's okay Okay. But since 1913, we said it's okay Okay. But since 1913, we said it's okay to steal our money. So, us re are to steal our money. So, us re are to steal our money. So, us re are rehashing that. rehashing that. rehashing that. >> Sure. Uh, so I feel like things are >> Sure. Uh, so I feel like things are >> Sure. Uh, so I feel like things are getting very muddled right now. getting very muddled right now. getting very muddled right now. >> Okay, >> Okay, >> Okay, >> I'm trying to make sure that we define >> I'm trying to make sure that we define >> I'm trying to make sure that we define very clearly what we're arguing against. very clearly what we're arguing against. very clearly what we're arguing against. We can go intent We can go intent We can go intent >> and I think the intent on the left is >> and I think the intent on the left is >> and I think the intent on the left is redistribution. The intent on the right redistribution. The intent on the right redistribution. The intent on the right is growth. is growth. is growth. >> I think that the way they're each going >> I think that the way they're each going >> I think that the way they're each going about it is pathological. So I don't about it is pathological. So I don't about it is pathological. So I don't think that the right is growing well. think that the right is growing well. think that the right is growing well. Certainly not right now. Look at the Certainly not right now. Look at the Certainly not right now. Look at the results. results. results. >> But you said you wanted to talk about >> But you said you wanted to talk about >> But you said you wanted to talk about intent. So that would be in the world's intent. So that would be in the world's intent. So that would be in the world's most simple oversimplified but so that most simple oversimplified but so that most simple oversimplified but so that we can talk about it. we can talk about it. we can talk about it. >> If you don't think that the left is >> If you don't think that the left is >> If you don't think that the left is redistributo redistributo redistributo then we should argue that. then we should argue that. then we should argue that. >> If you don't think that the right is >> If you don't think that the right is >> If you don't think that the right is oriented towards growth then we should oriented towards growth then we should oriented towards growth then we should argue that. But we we need like firm argue that. But we we need like firm argue that. But we we need like firm things that we can hold on to and say things that we can hold on to and say things that we can hold on to and say okay it's oversimplified for the sake of okay it's oversimplified for the sake of okay it's oversimplified for the sake of discussion but here's where we're at. discussion but here's where we're at. discussion but here's where we're at. >> Okay. So let's leave those two things on >> Okay. So let's leave those two things on >> Okay. So let's leave those two things on the table. redistribution and growth. the table. redistribution and growth. the table. redistribution and growth. >> Perfect. >> Perfect. >> Perfect. >> How do we enact those things? So the >> How do we enact those things? So the >> How do we enact those things? So the first thing when a left person comes first thing when a left person comes first thing when a left person comes into party, let's say they had the same into party, let's say they had the same into party, let's say they had the same uh Senate, House, and uh party that uh uh Senate, House, and uh party that uh uh Senate, House, and uh party that uh control that Trump has currently, they control that Trump has currently, they control that Trump has currently, they would enact a legislation. would enact a legislation. would enact a legislation. >> Their this is their first order of >> Their this is their first order of >> Their this is their first order of business to change the things that I business to change the things that I business to change the things that I want. want. want. >> Trump's first order of business wasn't >> Trump's first order of business wasn't >> Trump's first order of business wasn't if you start a business, you get $1,000 if you start a business, you get $1,000 if you start a business, you get $1,000 back. It wasn't if your business hits a back. It wasn't if your business hits a back. It wasn't if your business hits a billion dollars, you don't have to pay billion dollars, you don't have to pay billion dollars, you don't have to pay taxes anymore. It was the big beautiful taxes anymore. It was the big beautiful taxes anymore. It was the big beautiful bill, a tax cut. So when you get your bill, a tax cut. So when you get your bill, a tax cut. So when you get your paycheck, paycheck, paycheck, >> that's already an unfair >> that's already an unfair >> that's already an unfair characterization. So the biggest the characterization. So the biggest the characterization. So the biggest the most important thing that Trump would most important thing that Trump would most important thing that Trump would need to do right now is make sure that need to do right now is make sure that need to do right now is make sure that the American worker has bargaining the American worker has bargaining the American worker has bargaining power. To make sure that the American power. To make sure that the American power. To make sure that the American worker has bargaining power, you're worker has bargaining power, you're worker has bargaining power, you're going to need to start delobizing, which going to need to start delobizing, which going to need to start delobizing, which is exactly what he did to make sure that is exactly what he did to make sure that is exactly what he did to make sure that the the the >> He did the big beautiful bill before >> He did the big beautiful bill before >> He did the big beautiful bill before that. that. that. >> Um >> Um >> Um >> so I'm looking right at the first thing >> so I'm looking right at the first thing >> so I'm looking right at the first thing he did. The big beautiful bill I think he did. The big beautiful bill I think he did. The big beautiful bill I think means something different to you than it means something different to you than it means something different to you than it does to me. So the big beautiful bill is does to me. So the big beautiful bill is does to me. So the big beautiful bill is pathological because it is not a pathological because it is not a pathological because it is not a balanced budget. Therefore, it is balanced budget. Therefore, it is balanced budget. Therefore, it is unhinged and wildly problematic. unhinged and wildly problematic. unhinged and wildly problematic. However, However, However, >> and it got signed in. So that's why I >> and it got signed in. So that's why I >> and it got signed in. So that's why I want to talk about it's want to talk about it's want to talk about it's >> okay. >> okay. >> okay. >> I'm just we started at the very >> I'm just we started at the very >> I'm just we started at the very beginning. Intent intent. Cool. I I can beginning. Intent intent. Cool. I I can beginning. Intent intent. Cool. I I can see on that. What's your first action see on that. What's your first action see on that. What's your first action you did now that you got the power? And you did now that you got the power? And you did now that you got the power? And I'm trying to compare those two things I'm trying to compare those two things I'm trying to compare those two things and we're not and we're not and we're not >> I think you're misreading the situation. >> I think you're misreading the situation. >> I think you're misreading the situation. So, let's You've got So, let's You've got So, let's You've got >> Mhm. >> Mhm. >> Mhm. >> redistribution on the left. You've got >> redistribution on the left. You've got >> redistribution on the left. You've got growth on the right. growth on the right. growth on the right. >> Yes. You just made >> Yes. You just made >> Yes. You just made >> I I said yes to that already. I think >> I I said yes to that already. I think >> I I said yes to that already. I think we're rehashing that again. we're rehashing that again. we're rehashing that again. >> But yes, but now you're saying that the >> But yes, but now you're saying that the >> But yes, but now you're saying that the big beautiful bill wasn't oriented big beautiful bill wasn't oriented big beautiful bill wasn't oriented towards growth, which seems patently towards growth, which seems patently towards growth, which seems patently untrue. The big beautiful bill is untrue. The big beautiful bill is untrue. The big beautiful bill is pathological, and I hate it, pathological, and I hate it, pathological, and I hate it, >> but it is oriented poorly. It's not >> but it is oriented poorly. It's not >> but it is oriented poorly. It's not going to execute well because it steals going to execute well because it steals going to execute well because it steals via inflation, but it is designed based via inflation, but it is designed based via inflation, but it is designed based on very classic efforts to grow on very classic efforts to grow on very classic efforts to grow >> to lower taxes, which does have a >> to lower taxes, which does have a >> to lower taxes, which does have a stimulatory effect because now companies stimulatory effect because now companies stimulatory effect because now companies have more money that they can invest in have more money that they can invest in have more money that they can invest in their companies and that is likely to their companies and that is likely to their companies and that is likely to bring jobs. Which is why then I said, bring jobs. Which is why then I said, bring jobs. Which is why then I said, well, if you want to talk about that, well, if you want to talk about that, well, if you want to talk about that, the most important thing that Trump has the most important thing that Trump has the most important thing that Trump has done in terms of classic make sure that done in terms of classic make sure that done in terms of classic make sure that there are more jobs and make sure that there are more jobs and make sure that there are more jobs and make sure that the American worker, which is something the American worker, which is something the American worker, which is something nobody talks about why American workers nobody talks about why American workers nobody talks about why American workers cannot keep their wages going with cannot keep their wages going with cannot keep their wages going with inflation. And the reason that they inflation. And the reason that they inflation. And the reason that they can't is because the budget is can't is because the budget is can't is because the budget is unbalanced and because unbalanced and because unbalanced and because >> globalized >> globalized >> globalized globalizing is probably a bigger more globalizing is probably a bigger more globalizing is probably a bigger more important part. important part. important part. >> Okay. Hey, but you're not arguing these >> Okay. Hey, but you're not arguing these >> Okay. Hey, but you're not arguing these points. points. points. >> I'm not arguing these points cuz you're >> I'm not arguing these points cuz you're >> I'm not arguing these points cuz you're already two levels down of the first already two levels down of the first already two levels down of the first thing. So again, I'm thing. So again, I'm thing. So again, I'm >> What do you think I'm missing? >> What do you think I'm missing? >> What do you think I'm missing? >> Legislation. And the reason I'm I'm >> Legislation. And the reason I'm I'm >> Legislation. And the reason I'm I'm harping over legislation is because harping over legislation is because harping over legislation is because >> be specific. What >> be specific. What >> be specific. What >> in legislation? So the first act you >> in legislation? So the first act you >> in legislation? So the first act you have free reign. Everybody gets one big have free reign. Everybody gets one big have free reign. Everybody gets one big every president gets one big move. every president gets one big move. every president gets one big move. Obama's one big move was the Obama's one big move was the Obama's one big move was the >> stop at big beautiful bill. But what is >> stop at big beautiful bill. But what is >> stop at big beautiful bill. But what is it about the big beautiful bill isn't it about the big beautiful bill isn't it about the big beautiful bill isn't oriented towards growth. It's the way oriented towards growth. It's the way oriented towards growth. It's the way that it's not it's not set up for that it's not it's not set up for that it's not it's not set up for incentives of growth. It's set up to incentives of growth. It's set up to incentives of growth. It's set up to take money away from the government take money away from the government take money away from the government class back into the people back into the class back into the people back into the class back into the people back into the uh ruling classes. uh ruling classes. uh ruling classes. >> That's how you grow. >> That's how you grow. >> That's how you grow. >> And that's an assumption. >> And that's an assumption. >> And that's an assumption. >> That isn't an assumption. That's >> That isn't an assumption. That's >> That isn't an assumption. That's >> God knows how many hundreds of years of >> God knows how many hundreds of years of >> God knows how many hundreds of years of economic we can pull up. Here's the economic we can pull up. Here's the economic we can pull up. Here's the great news. Now we have foundata the great news. Now we have foundata the great news. Now we have foundata the point of disagreement. point of disagreement. point of disagreement. >> We have data. So you're saying that >> We have data. So you're saying that >> We have data. So you're saying that giving the money to the government that giving the money to the government that giving the money to the government that grows but giving the money to businesses grows but giving the money to businesses grows but giving the money to businesses in the form of just not taking their in the form of just not taking their in the form of just not taking their money does not grow. money does not grow. money does not grow. >> That is the argument that is now being >> That is the argument that is now being >> That is the argument that is now being set up from the left and the right. set up from the left and the right. set up from the left and the right. >> But that is that what you're saying? >> But that is that what you're saying? >> But that is that what you're saying? >> Yes. And I'm saying that right now on >> Yes. And I'm saying that right now on >> Yes. And I'm saying that right now on the left on the left it's if you leave the left on the left it's if you leave the left on the left it's if you leave that money into the government we're that money into the government we're that money into the government we're able to now socialize all these things able to now socialize all these things able to now socialize all these things so that way you'll get those resources so that way you'll get those resources so that way you'll get those resources and you don't have to pay for it. On the and you don't have to pay for it. On the and you don't have to pay for it. On the right they're saying we're not going to right they're saying we're not going to right they're saying we're not going to give you everything. We're going to push give you everything. We're going to push give you everything. We're going to push the money back down. But what has the money back down. But what has the money back down. But what has happened historically when corporations happened historically when corporations happened historically when corporations get that tax break they do well but they get that tax break they do well but they get that tax break they do well but they don't pass the wages down wages don't don't pass the wages down wages don't don't pass the wages down wages don't increase they don't pass they don't hire increase they don't pass they don't hire increase they don't pass they don't hire more people and those things that the more people and those things that the more people and those things that the trickle down doesn't actually trickle trickle down doesn't actually trickle trickle down doesn't actually trickle down so when I say red when I say down so when I say red when I say down so when I say red when I say economy grows economy grows economy grows >> when I say redistribution let's get to >> when I say redistribution let's get to >> when I say redistribution let's get to there cuz but we keep going around the there cuz but we keep going around the there cuz but we keep going around the thing I understand how to articulate how thing I understand how to articulate how thing I understand how to articulate how >> you think I'm going around >> you think I'm going around >> you think I'm going around >> cuz we're we're not talking about the >> cuz we're we're not talking about the >> cuz we're we're not talking about the actual point of what the second order actual point of what the second order actual point of what the second order consequences of this legislation is consequences of this legislation is consequences of this legislation is >> cuz what I'm saying is on the left and >> cuz what I'm saying is on the left and >> cuz what I'm saying is on the left and the right it's both redistribution but the right it's both redistribution but the right it's both redistribution but the redistribution just looks the redistribution just looks the redistribution just looks differently. And that's what I'm saying. differently. And that's what I'm saying. differently. And that's what I'm saying. And that's the part where it's not left And that's the part where it's not left And that's the part where it's not left and right. This guy's a socialist, this and right. This guy's a socialist, this and right. This guy's a socialist, this guy. They're both redistributing. guy. They're both redistributing. guy. They're both redistributing. They're just redistributing a different They're just redistributing a different They're just redistributing a different point I'm trying to make. point I'm trying to make. point I'm trying to make. >> Here's where you've I think you've made >> Here's where you've I think you've made >> Here's where you've I think you've made your point very well. What I'm saying is your point very well. What I'm saying is your point very well. What I'm saying is you're wrong. you're wrong. you're wrong. >> Okay. >> Okay. >> Okay. >> So, I'm trying to make sure that you >> So, I'm trying to make sure that you >> So, I'm trying to make sure that you feel understood. Yeah. feel understood. Yeah. feel understood. Yeah. >> But that you don't think I'm confused so >> But that you don't think I'm confused so >> But that you don't think I'm confused so that we can argue the points where it that we can argue the points where it that we can argue the points where it breaks down. breaks down. breaks down. >> Okay. So then you're saying then if the >> Okay. So then you're saying then if the >> Okay. So then you're saying then if the if corporations had more money and we if corporations had more money and we if corporations had more money and we invested in them, they would then make invested in them, they would then make invested in them, they would then make the wages go up. the wages go up. the wages go up. >> I don't like the way you say >> I don't like the way you say >> I don't like the way you say corporations had more money. That that corporations had more money. That that corporations had more money. That that feels like how would you like to feels like how would you like to feels like how would you like to >> you've got over here redistribution is >> you've got over here redistribution is >> you've got over here redistribution is how economies break. This is like if you how economies break. This is like if you how economies break. This is like if you want to destroy a country, go socialist, want to destroy a country, go socialist, want to destroy a country, go socialist, go communist. You will destroy it and it go communist. You will destroy it and it go communist. You will destroy it and it it will be uh economic hardship for it will be uh economic hardship for it will be uh economic hardship for everybody. everybody. everybody. The way that you grow an economy is via The way that you grow an economy is via The way that you grow an economy is via innovation. innovation. innovation. >> So the part that I worry is getting lost >> So the part that I worry is getting lost >> So the part that I worry is getting lost is that the only the only reason that a is that the only the only reason that a is that the only the only reason that a GDP gets bigger is because you are more GDP gets bigger is because you are more GDP gets bigger is because you are more efficient per hour of output of the efficient per hour of output of the efficient per hour of output of the people working in the system. people working in the system. people working in the system. >> Mhm. >> Mhm. >> Mhm. >> And so how do you think that happens? >> And so how do you think that happens? >> And so how do you think that happens? >> How does a worker in the system become >> How does a worker in the system become >> How does a worker in the system become more efficient? more efficient? more efficient? >> Yes. when you create efficiencies, when >> Yes. when you create efficiencies, when >> Yes. when you create efficiencies, when you create innovations, when you uh you create innovations, when you uh you create innovations, when you uh >> and do you do that by taxing the >> and do you do that by taxing the >> and do you do that by taxing the companies more? companies more? companies more? >> No, but you do that by government >> No, but you do that by government >> No, but you do that by government incentives in different places. incentives in different places. incentives in different places. >> Why? Why? Why does that become >> Why? Why? Why does that become >> Why? Why? Why does that become >> because Tesla was created out of >> because Tesla was created out of >> because Tesla was created out of government government government was created out of government was created out of government was created out of government incentives? incentives? incentives? >> And often times those incentives are tax >> And often times those incentives are tax >> And often times those incentives are tax breaks. breaks. breaks. >> So the thing that I can't figure out is >> So the thing that I can't figure out is >> So the thing that I can't figure out is why in the big beautiful bill the tax why in the big beautiful bill the tax why in the big beautiful bill the tax breaks that they're proposing, which are breaks that they're proposing, which are breaks that they're proposing, which are classic ways of making sure I can I can classic ways of making sure I can I can classic ways of making sure I can I can articulate this specifically. So on when articulate this specifically. So on when articulate this specifically. So on when Obama was in office, Howard, for Obama was in office, Howard, for Obama was in office, Howard, for example, he had EV tax breaks. So there example, he had EV tax breaks. So there example, he had EV tax breaks. So there was three different levels of this. On was three different levels of this. On was three different levels of this. On the solar panel, he completely struck the solar panel, he completely struck the solar panel, he completely struck out. He wanted an American solar panel out. He wanted an American solar panel out. He wanted an American solar panel to buy it. China just did it cheaper, to buy it. China just did it cheaper, to buy it. China just did it cheaper, easier. They scaled it better than him. easier. They scaled it better than him. easier. They scaled it better than him. He tried. A bunch of solar companies He tried. A bunch of solar companies He tried. A bunch of solar companies came and they died. That was a that was came and they died. That was a that was came and they died. That was a that was a L. Okay. a L. Okay. a L. Okay. >> Windmill company. Second thing, we got a >> Windmill company. Second thing, we got a >> Windmill company. Second thing, we got a couple windmills company. It was 50/50. couple windmills company. It was 50/50. couple windmills company. It was 50/50. The juice wasn't worth the the squeeze. The juice wasn't worth the the squeeze. The juice wasn't worth the the squeeze. we could get them built up, but the we could get them built up, but the we could get them built up, but the amount of electricity they generated, it amount of electricity they generated, it amount of electricity they generated, it was a 30 um a 30-year uh break even and was a 30 um a 30-year uh break even and was a 30 um a 30-year uh break even and it wasn't worth it. it wasn't worth it. it wasn't worth it. >> But on EVs, he knocked it out of the >> But on EVs, he knocked it out of the >> But on EVs, he knocked it out of the park. American manufacturing, if you are park. American manufacturing, if you are park. American manufacturing, if you are able to manufacture your car with an able to manufacture your car with an able to manufacture your car with an electric battery, you are then able to electric battery, you are then able to electric battery, you are then able to get an incentive tax break. The get an incentive tax break. The get an incentive tax break. The incentive tax break was then passed on incentive tax break was then passed on incentive tax break was then passed on to people. EV market exploded in the US to people. EV market exploded in the US to people. EV market exploded in the US and that's the first time companies like and that's the first time companies like and that's the first time companies like Tesla, but there was also 17 more Tesla, but there was also 17 more Tesla, but there was also 17 more spawned up. The best ones rose to the spawned up. The best ones rose to the spawned up. The best ones rose to the top. The better the not the not top. The better the not the not top. The better the not the not capitalist succeeding ones fell off. capitalist succeeding ones fell off. capitalist succeeding ones fell off. What is the mechanism that you see at What is the mechanism that you see at What is the mechanism that you see at work there? work there? work there? >> That was incentives to go into a certain >> That was incentives to go into a certain >> That was incentives to go into a certain area and area and area and >> what was the incentive? >> what was the incentive? >> what was the incentive? >> It was tax breaks and it was government >> It was tax breaks and it was government >> It was tax breaks and it was government uh subsidies. uh subsidies. uh subsidies. >> Okay. >> Okay. >> Okay. >> On those those two things. Now let's go >> On those those two things. Now let's go >> On those those two things. Now let's go back to the big beautiful bill. back to the big beautiful bill. back to the big beautiful bill. >> Big beautiful bill is not saying that >> Big beautiful bill is not saying that >> Big beautiful bill is not saying that all corporate taxes who then spur this all corporate taxes who then spur this all corporate taxes who then spur this type of uh investment get bricks. Trump type of uh investment get bricks. Trump type of uh investment get bricks. Trump did something correct with the Trump did something correct with the Trump did something correct with the Trump accounts with the uh kids. That's a accounts with the uh kids. That's a accounts with the uh kids. That's a that's a win. The no car interest that's a win. The no car interest that's a win. The no car interest >> that's not growth. So I want to make >> that's not growth. So I want to make >> that's not growth. So I want to make sure that we I love that as well. That's sure that we I love that as well. That's sure that we I love that as well. That's protection against inflation. That isn't protection against inflation. That isn't protection against inflation. That isn't growing the economy. What I want to growing the economy. What I want to growing the economy. What I want to focus on is focus on is focus on is >> I am I'm making one simple argument. >> I am I'm making one simple argument. >> I am I'm making one simple argument. Redistribution is death. Redistribution is death. Redistribution is death. >> Growth when done well is the path >> Growth when done well is the path >> Growth when done well is the path forward. forward. forward. >> Describe growth in one sentence so I can >> Describe growth in one sentence so I can >> Describe growth in one sentence so I can understand what it is. understand what it is. understand what it is. >> That you unbburden >> That you unbburden >> That you unbburden >> private industry so that it may act >> private industry so that it may act >> private industry so that it may act selfishly and generate more revenue. selfishly and generate more revenue. selfishly and generate more revenue. When we have done that historically, has When we have done that historically, has When we have done that historically, has that led to a increased GDP number, that led to a increased GDP number, that led to a increased GDP number, increased employment, and increased increased employment, and increased increased employment, and increased wages? wages? wages? >> Yes, without question. In fact, I think >> Yes, without question. In fact, I think >> Yes, without question. In fact, I think I have pull up there's a thing that I I have pull up there's a thing that I I have pull up there's a thing that I put in there about capitalism and how put in there about capitalism and how put in there about capitalism and how capitalism as it goes up, uh, people capitalism as it goes up, uh, people capitalism as it goes up, uh, people just get yanked out of poverty. just get yanked out of poverty. just get yanked out of poverty. >> Um, okay. I I find that to be the exact >> Um, okay. I I find that to be the exact >> Um, okay. I I find that to be the exact opposite because if we go from the 70s opposite because if we go from the 70s opposite because if we go from the 70s and trace it back to and trace it back to and trace it back to >> you think capitalism causes poverty. >> you think capitalism causes poverty. >> you think capitalism causes poverty. >> If we trace it from the 70 I don't think >> If we trace it from the 70 I don't think >> If we trace it from the 70 I don't think capitalism causes property. I think that capitalism causes property. I think that capitalism causes property. I think that we need to stop those one sentence. Uh we need to stop those one sentence. Uh we need to stop those one sentence. Uh gotcha. Uh gotcha. Uh gotcha. Uh >> I'm trying to like just simplify so we >> I'm trying to like just simplify so we >> I'm trying to like just simplify so we >> cuz you said u when you incentivize >> cuz you said u when you incentivize >> cuz you said u when you incentivize corporations you give them you unbburden corporations you give them you unbburden corporations you give them you unbburden them. You minimize taxes that that leads them. You minimize taxes that that leads them. You minimize taxes that that leads to increased GDP increased wages and to increased GDP increased wages and to increased GDP increased wages and increased employment numbers. increased employment numbers. increased employment numbers. >> It does. And what I'm saying is the same >> It does. And what I'm saying is the same >> It does. And what I'm saying is the same thing has that was the assumption in the thing has that was the assumption in the thing has that was the assumption in the 70s and that was the basis for trickle 70s and that was the basis for trickle 70s and that was the basis for trickle down economics. We thought if we down economics. We thought if we down economics. We thought if we unburdened all these corporations, it unburdened all these corporations, it unburdened all these corporations, it was then going to bleed down to the uh was then going to bleed down to the uh was then going to bleed down to the uh middle class. That trickle never middle class. That trickle never middle class. That trickle never happened. The excess profits that the happened. The excess profits that the happened. The excess profits that the corporations got, they went into stock corporations got, they went into stock corporations got, they went into stock buybacks. They didn't go into people. buybacks. They didn't go into people. buybacks. They didn't go into people. The excessive uh GDP that was growing The excessive uh GDP that was growing The excessive uh GDP that was growing created the K-shaped economy cuz all created the K-shaped economy cuz all created the K-shaped economy cuz all these people up here are making it and these people up here are making it and these people up here are making it and they're doing the growth, but these they're doing the growth, but these they're doing the growth, but these bottom people got kind of got and wages bottom people got kind of got and wages bottom people got kind of got and wages are now stagnant. you started with a are now stagnant. you started with a are now stagnant. you started with a really important delineation really important delineation really important delineation and um we have somehow drifted away from and um we have somehow drifted away from and um we have somehow drifted away from this. this. this. >> Okay. >> Okay. >> Okay. >> And that was that we aren't living in a truly capitalist we aren't living in a truly capitalist society. society. society. >> Agreed. >> Agreed. >> Agreed. >> What I'm trying to put on the table is >> What I'm trying to put on the table is >> What I'm trying to put on the table is all of those distortions, all of those distortions, all of those distortions, those are those are those are the veer towards the redistributo. the veer towards the redistributo. the veer towards the redistributo. So it is So it is So it is >> so the things that were making things >> so the things that were making things >> so the things that were making things bad are the socialists of it, the bad are the socialists of it, the bad are the socialists of it, the capitalist of the things making capitalist of the things making capitalist of the things making >> aggressively accurate. >> aggressively accurate. >> aggressively accurate. >> Okay. >> Okay. >> Okay. >> That that we have hundreds of years of >> That that we have hundreds of years of >> That that we have hundreds of years of economic data. economic data. economic data. >> I'm I'm not arguing that. I think that >> I'm I'm not arguing that. I think that >> I'm I'm not arguing that. I think that the interesting part of this is the interesting part of this is the interesting part of this is >> isn't that the exact thing you are >> isn't that the exact thing you are >> isn't that the exact thing you are arguing? arguing? arguing? >> Because >> Because >> Because I'm going to say it in one sentence I'm going to say it in one sentence I'm going to say it in one sentence because I feel like we need to we need because I feel like we need to we need because I feel like we need to we need to do bumper stickers. to do bumper stickers. to do bumper stickers. When we have a break in the system, When we have a break in the system, When we have a break in the system, >> a lot of times we want to put a >> a lot of times we want to put a >> a lot of times we want to put a capitalist band-aid on it. Depending on capitalist band-aid on it. Depending on capitalist band-aid on it. Depending on who is the break in that system, that who is the break in that system, that who is the break in that system, that band-aid then gets rebranded. It got band-aid then gets rebranded. It got band-aid then gets rebranded. It got rebranded to communism during the TM rebranded to communism during the TM rebranded to communism during the TM TSMC TSMC TSMC when Intel was like, Intel was about to when Intel was like, Intel was about to when Intel was like, Intel was about to die. We're going to take over your chips die. We're going to take over your chips die. We're going to take over your chips and we're going to invest in that. That and we're going to invest in that. That and we're going to invest in that. That was a communism style practice was a communism style practice was a communism style practice specifically for chips. But it was okay specifically for chips. But it was okay specifically for chips. But it was okay because we needed it. It was a national because we needed it. It was a national because we needed it. It was a national resource. all these other things. resource. all these other things. resource. all these other things. >> We own them. We own the means of >> We own them. We own the means of >> We own them. We own the means of production officially. production officially. production officially. >> Officially. So, okay. But when it came >> Officially. So, okay. But when it came >> Officially. So, okay. But when it came to the bailouts, 2000s, 2008, COVID, we to the bailouts, 2000s, 2008, COVID, we to the bailouts, 2000s, 2008, COVID, we put on a socialism band-aid. We need to put on a socialism band-aid. We need to put on a socialism band-aid. We need to figure that out. We need to socialism figure that out. We need to socialism figure that out. We need to socialism our way out of that stuff. our way out of that stuff. our way out of that stuff. >> Yes. >> Yes. >> Yes. >> So, now we for different parts in the >> So, now we for different parts in the >> So, now we for different parts in the system when we have these different system when we have these different system when we have these different bumps, we have band-aids that we pull bumps, we have band-aids that we pull bumps, we have band-aids that we pull out in different ways. And all I am out in different ways. And all I am out in different ways. And all I am saying is the same way that we see the saying is the same way that we see the saying is the same way that we see the left right now saying we need a left right now saying we need a left right now saying we need a socialism band-aid for this one thing, socialism band-aid for this one thing, socialism band-aid for this one thing, we're going to keep capitalism in the we're going to keep capitalism in the we're going to keep capitalism in the other places just like what China's other places just like what China's other places just like what China's doing. I think on the right it's like doing. I think on the right it's like doing. I think on the right it's like see these guys want it to be socialism see these guys want it to be socialism see these guys want it to be socialism or death. We want to speedrun. Yes, or death. We want to speedrun. Yes, or death. We want to speedrun. Yes, Assan wants to speedrun it. But there's Assan wants to speedrun it. But there's Assan wants to speedrun it. But there's also Steve Bannon who wants to go back also Steve Bannon who wants to go back also Steve Bannon who wants to go back to project 2025. And I don't cause I to project 2025. And I don't cause I to project 2025. And I don't cause I don't put Trump at Steve Bannon in the don't put Trump at Steve Bannon in the don't put Trump at Steve Bannon in the same ecosystem. There are people who are same ecosystem. There are people who are same ecosystem. There are people who are far far right. There are people who are far far right. There are people who are far far right. There are people who are far far left. And I don't do I don't far far left. And I don't do I don't far far left. And I don't do I don't think it's a disservice to pick the think it's a disservice to pick the think it's a disservice to pick the leftest person and throw them at you or leftest person and throw them at you or leftest person and throw them at you or the rightest person and throw them at the rightest person and throw them at the rightest person and throw them at you to to you know disprove your point. you to to you know disprove your point. you to to you know disprove your point. >> Hold on. So none of that would disprove >> Hold on. So none of that would disprove >> Hold on. So none of that would disprove my point. my point. my point. >> So the great news is I'm just trying to >> So the great news is I'm just trying to >> So the great news is I'm just trying to map cause and effect. map cause and effect. map cause and effect. >> Yeah. So if what you're bothered by is >> Yeah. So if what you're bothered by is >> Yeah. So if what you're bothered by is that when I look at the situation, I map that when I look at the situation, I map that when I look at the situation, I map this as um the left has a more this as um the left has a more this as um the left has a more terrifying terrifying terrifying orientation. orientation. orientation. The right, which is fumbling the ball The right, which is fumbling the ball The right, which is fumbling the ball about as hard as you can right now, about as hard as you can right now, about as hard as you can right now, >> has a less terrifying orientation. >> has a less terrifying orientation. >> has a less terrifying orientation. The thing that we share a concern about, The thing that we share a concern about, The thing that we share a concern about, which we're not talking about, which I which we're not talking about, which I which we're not talking about, which I feel like you're trying to blame on feel like you're trying to blame on feel like you're trying to blame on capitalism, which is very jarring for me capitalism, which is very jarring for me capitalism, which is very jarring for me given how much time we've spent given how much time we've spent given how much time we've spent together. together. together. >> Um, is the thing that's broken in the >> Um, is the thing that's broken in the >> Um, is the thing that's broken in the economy right now is deficit spending economy right now is deficit spending economy right now is deficit spending and money printing. and money printing. and money printing. >> Period. >> Period. >> Period. >> Yeah. So when you look at where is the >> Yeah. So when you look at where is the >> Yeah. So when you look at where is the right going wrong, it is that they have right going wrong, it is that they have right going wrong, it is that they have gotten very comfortable with big gotten very comfortable with big gotten very comfortable with big government, money printing, deficit government, money printing, deficit government, money printing, deficit spending, all of that. And so that is spending, all of that. And so that is spending, all of that. And so that is going to hollow out the middle class. going to hollow out the middle class. going to hollow out the middle class. >> So it I'm not even I think it is morally >> So it I'm not even I think it is morally >> So it I'm not even I think it is morally wrong, but I don't even need people on wrong, but I don't even need people on wrong, but I don't even need people on board with deficit spending is morally board with deficit spending is morally board with deficit spending is morally wrong. I just need them to look at the wrong. I just need them to look at the wrong. I just need them to look at the cause and effect cause and effect cause and effect >> that when you take from people >> that when you take from people >> that when you take from people >> don't let them be in control then the >> don't let them be in control then the >> don't let them be in control then the economy gets worse and whatever economy gets worse and whatever economy gets worse and whatever mechanism you use to do that you are mechanism you use to do that you are mechanism you use to do that you are going to suck the energy out of the uh going to suck the energy out of the uh going to suck the energy out of the uh economy and so you're going to create a economy and so you're going to create a economy and so you're going to create a problem problem problem >> and what I see on the left is somebody >> and what I see on the left is somebody >> and what I see on the left is somebody who thinks sucking the energy out of the who thinks sucking the energy out of the who thinks sucking the energy out of the economy is a good thing. economy is a good thing. economy is a good thing. On the right, it is a means to an end. On the right, it is a means to an end. On the right, it is a means to an end. And so they're both pathological. They And so they're both pathological. They And so they're both pathological. They are both terrible. are both terrible. are both terrible. >> Republicans have their vacuum on for a >> Republicans have their vacuum on for a >> Republicans have their vacuum on for a little bit, but they're going to turn it little bit, but they're going to turn it little bit, but they're going to turn it off. And you think the Democrats are off. And you think the Democrats are off. And you think the Democrats are going to have their vacuum on 24/7 going to have their vacuum on 24/7 going to have their vacuum on 24/7 non-stop to get to eventually if the non-stop to get to eventually if the non-stop to get to eventually if the Democrats when they're going to take 80% Democrats when they're going to take 80% Democrats when they're going to take 80% of your paycheck and they're not going of your paycheck and they're not going of your paycheck and they're not going to stop at just a 50. to stop at just a 50. to stop at just a 50. >> That's the assumption. >> That's the assumption. >> That's the assumption. >> I'm not. No. So my assumption is that >> I'm not. No. So my assumption is that >> I'm not. No. So my assumption is that the right right now will leave the the right right now will leave the the right right now will leave the vacuum cleaner on forever. vacuum cleaner on forever. vacuum cleaner on forever. >> And the thing that scares me to death >> And the thing that scares me to death >> And the thing that scares me to death when I think about um trying to when I think about um trying to when I think about um trying to contribute meaningfully in some way to contribute meaningfully in some way to contribute meaningfully in some way to pulling us out of this pulling us out of this pulling us out of this >> is getting people to understand whether >> is getting people to understand whether >> is getting people to understand whether the politician is on the left or the the politician is on the left or the the politician is on the left or the right, right, right, >> if they're going to leave the budget >> if they're going to leave the budget >> if they're going to leave the budget unbalanced, they are the problem. unbalanced, they are the problem. unbalanced, they are the problem. >> Now I'm So full stop. Now, I'm speaking >> Now I'm So full stop. Now, I'm speaking >> Now I'm So full stop. Now, I'm speaking to the ideas of what is the orientation to the ideas of what is the orientation to the ideas of what is the orientation >> to the active left and right where >> to the active left and right where >> to the active left and right where they're trying to get to. And I'll say they're trying to get to. And I'll say they're trying to get to. And I'll say this, and maybe this will clear things this, and maybe this will clear things this, and maybe this will clear things up. Um, do we agree that the spiritual up. Um, do we agree that the spiritual up. Um, do we agree that the spiritual center of the left, and maybe we don't, center of the left, and maybe we don't, center of the left, and maybe we don't, and this is the derail, but do you agree and this is the derail, but do you agree and this is the derail, but do you agree that the spiritual center of the left that the spiritual center of the left that the spiritual center of the left wants equal outcomes for everybody? >> Yes, I'll give that to you. >> Yes, I'll give that to you. >> Okay. Yeah. That to me is eat your >> Okay. Yeah. That to me is eat your >> Okay. Yeah. That to me is eat your babies. babies. babies. >> And I don't mean that as a joke. >> And I don't mean that as a joke. >> And I don't mean that as a joke. >> So you can understand even though you >> So you can understand even though you >> So you can understand even though you don't agree with me, maybe don't agree with me, maybe don't agree with me, maybe >> you can understand why I'm going to >> you can understand why I'm going to >> you can understand why I'm going to reject that outright. So history has run reject that outright. So history has run reject that outright. So history has run that experiment a thousand times that experiment a thousand times that experiment a thousand times >> because that's 100% socialism, 100% >> because that's 100% socialism, 100% >> because that's 100% socialism, 100% communism. Now on the right, even though communism. Now on the right, even though communism. Now on the right, even though they're pathological and doing a bunch they're pathological and doing a bunch they're pathological and doing a bunch of dumb [ __ ] do you think they would be of dumb [ __ ] do you think they would be of dumb [ __ ] do you think they would be mad if we grew our way out of the debt mad if we grew our way out of the debt mad if we grew our way out of the debt and we didn't need to deficit spend and we didn't need to deficit spend and we didn't need to deficit spend anymore and the um stock market was anymore and the um stock market was anymore and the um stock market was [ __ ] bear with me please cuz I I just [ __ ] bear with me please cuz I I just [ __ ] bear with me please cuz I I just need to know if need to know if need to know if >> I I can give you the one sentence I >> I I can give you the one sentence I >> I I can give you the one sentence I would give for the right. would give for the right. would give for the right. >> But do do you agree that they would want >> But do do you agree that they would want >> But do do you agree that they would want that? that? that? >> No, cuz I think what the left I think >> No, cuz I think what the left I think >> No, cuz I think what the left I think what the right what the right what the right >> So that's where we disagree. I think >> So that's where we disagree. I think >> So that's where we disagree. I think where the right actually wants is where the right actually wants is where the right actually wants is individual individual outcomes. So on individual individual outcomes. So on individual individual outcomes. So on the left it's equality of outcomes. Left the left it's equality of outcomes. Left the left it's equality of outcomes. Left it's the ball's on your court. There's it's the ball's on your court. There's it's the ball's on your court. There's no doctor. There's no school none of no doctor. There's no school none of no doctor. There's no school none of that. You're on your own. that. You're on your own. that. You're on your own. >> I don't know that anybody on the right >> I don't know that anybody on the right >> I don't know that anybody on the right is saying that. Maybe right now they're is saying that. Maybe right now they're is saying that. Maybe right now they're just vetoing property taxes. How do you just vetoing property taxes. How do you just vetoing property taxes. How do you pay for your local services? Property pay for your local services? Property pay for your local services? Property taxes. So taxes. So taxes. So >> that's how it's paid for now. >> that's how it's paid for now. >> that's how it's paid for now. >> There's certainly a big argument to be >> There's certainly a big argument to be >> There's certainly a big argument to be had there. But I just want to get to had there. But I just want to get to had there. But I just want to get to >> if we grew our way out of the debt >> if we grew our way out of the debt >> if we grew our way out of the debt >> and the stock market was ripping and >> and the stock market was ripping and >> and the stock market was ripping and roaring. roaring. roaring. >> Do you think that the right because >> Do you think that the right because >> Do you think that the right because there would be very unequal outcomes. there would be very unequal outcomes. there would be very unequal outcomes. >> But but think but think how you how you >> But but think but think how you how you >> But but think but think how you how you >> bear with me. I can't get an answer on >> bear with me. I can't get an answer on >> bear with me. I can't get an answer on this side and I don't this side and I don't this side and I don't >> I said no already. I said no already >> I said no already. I said no already >> I said no already. I said no already because because because >> so they wouldn't be happy with that. >> so they wouldn't be happy with that. >> so they wouldn't be happy with that. >> Cuz this is the thing. Would the left be >> Cuz this is the thing. Would the left be >> Cuz this is the thing. Would the left be happy if everybody can afford a house happy if everybody can afford a house happy if everybody can afford a house and that house could be a $60,000 house and that house could be a $60,000 house and that house could be a $60,000 house in Louisiana. Not everybody's getting a in Louisiana. Not everybody's getting a in Louisiana. Not everybody's getting a downtown penthouse. Would they be happy downtown penthouse. Would they be happy downtown penthouse. Would they be happy if everybody can afford a house and have if everybody can afford a house and have if everybody can afford a house and have medical insurance? Yes, the left would medical insurance? Yes, the left would medical insurance? Yes, the left would be happy, be happy, be happy, >> right? But they but they wouldn't be >> right? But they but they wouldn't be >> right? But they but they wouldn't be happy. happy. happy. >> But you said equity of outcome. You >> But you said equity of outcome. You >> But you said equity of outcome. You didn't list the the things. So, and then didn't list the the things. So, and then didn't list the the things. So, and then on the right, you didn't say on the right, you didn't say on the right, you didn't say >> time out. But that >> time out. But that >> time out. But that >> on the left, you said would everybody be >> on the left, you said would everybody be >> on the left, you said would everybody be happy with equity of outcome? happy with equity of outcome? happy with equity of outcome? >> Yes. >> Yes. >> Yes. >> On the right, would you be happy with >> On the right, would you be happy with >> On the right, would you be happy with everybody being individually responsible everybody being individually responsible everybody being individually responsible for their in things? I think that's the for their in things? I think that's the for their in things? I think that's the equivalent. equivalent. equivalent. >> Okay. So, you'll agree to those two >> Okay. So, you'll agree to those two >> Okay. So, you'll agree to those two things. Jeez. Great. things. Jeez. Great. things. Jeez. Great. >> That's it. Thank you. >> That's it. Thank you. >> That's it. Thank you. >> Wonderful. >> Wonderful. >> Wonderful. >> Thank you. Okay. So, >> Thank you. Okay. So, >> Thank you. Okay. So, >> now we can talk. Now we can go second >> now we can talk. Now we can go second >> now we can talk. Now we can go second level with amazing. level with amazing. level with amazing. >> Mhm. Are you saying to you these are um >> Mhm. Are you saying to you these are um >> Mhm. Are you saying to you these are um you think that the left makes sense so you think that the left makes sense so you think that the left makes sense so that the that the that the >> but everybody can afford a $60,000 >> but everybody can afford a $60,000 >> but everybody can afford a $60,000 house. house. house. >> Equity of outcome versus individual >> Equity of outcome versus individual >> Equity of outcome versus individual results may vary. I think that's the results may vary. I think that's the results may vary. I think that's the right and the left. right and the left. right and the left. >> Okay, perfect. Love that. Now, are you >> Okay, perfect. Love that. Now, are you >> Okay, perfect. Love that. Now, are you saying that the left idea is good and saying that the left idea is good and saying that the left idea is good and the right idea is bad? the right idea is bad? the right idea is bad? >> Um I I I don't think there's good or >> Um I I I don't think there's good or >> Um I I I don't think there's good or bad. I think it draws through the heart bad. I think it draws through the heart bad. I think it draws through the heart of every human man. But this is the this of every human man. But this is the this of every human man. But this is the this is the conversation. This is the level is the conversation. This is the level is the conversation. This is the level of the conversation I want to have the of the conversation I want to have the of the conversation I want to have the debate on because I think in certain debate on because I think in certain debate on because I think in certain things individual sovereignty is things individual sovereignty is things individual sovereignty is absolutely important and the government absolutely important and the government absolutely important and the government should stay out of your business. And I should stay out of your business. And I should stay out of your business. And I think for everything there should be think for everything there should be think for everything there should be equity of outcome. So I think when it equity of outcome. So I think when it equity of outcome. So I think when it comes to medical it should be equity of comes to medical it should be equity of comes to medical it should be equity of outcome. Everybody should be able to see outcome. Everybody should be able to see outcome. Everybody should be able to see a doctor. It's going to suck and it's a doctor. It's going to suck and it's a doctor. It's going to suck and it's going to be expensive and it's going to going to be expensive and it's going to going to be expensive and it's going to be disrespectful and some people are be disrespectful and some people are be disrespectful and some people are going to have to hurt on their profits going to have to hurt on their profits going to have to hurt on their profits and that's whack. That's terrible. At and that's whack. That's terrible. At and that's whack. That's terrible. At the same time though if you didn't get the same time though if you didn't get the same time though if you didn't get up and go to school I don't you don't up and go to school I don't you don't up and go to school I don't you don't deserve a college degree. you don't deserve a college degree. you don't deserve a college degree. you don't deserve a $80,000 job. Some people are deserve a $80,000 job. Some people are deserve a $80,000 job. Some people are gonna be homeless and that's gonna suck gonna be homeless and that's gonna suck gonna be homeless and that's gonna suck and it's not gonna be nice and that's and it's not gonna be nice and that's and it's not gonna be nice and that's gonna be so I think that there should be gonna be so I think that there should be gonna be so I think that there should be equity of outcomes in certain situations equity of outcomes in certain situations equity of outcomes in certain situations in the society and I think that there in the society and I think that there in the society and I think that there should be individual sovereignty on a should be individual sovereignty on a should be individual sovereignty on a vast majority of things in society. vast majority of things in society. vast majority of things in society. Okay. And I think Okay. And I think Okay. And I think >> I love that you and I are very very >> I love that you and I are very very >> I love that you and I are very very similar in that. Now, where I think we similar in that. Now, where I think we similar in that. Now, where I think we break down is that if you to get equal break down is that if you to get equal break down is that if you to get equal outcomes, outcomes, outcomes, >> do you agree that at some point you must >> do you agree that at some point you must >> do you agree that at some point you must do so by force? do so by force? do so by force? >> No. >> No. >> No. >> Really? >> Really? >> Really? >> Yeah. >> Yeah. >> Yeah. >> How do you get an equal outcome without >> How do you get an equal outcome without >> How do you get an equal outcome without force? force? force? >> You get an equal outcome by one limiting >> You get an equal outcome by one limiting >> You get an equal outcome by one limiting your entrance. So, what do you want to your entrance. So, what do you want to your entrance. So, what do you want to have limited equal outcome on? have limited equal outcome on? have limited equal outcome on? >> So, here's the thing that you all have >> So, here's the thing that you all have >> So, here's the thing that you all have to contend with. Do you agree that once to contend with. Do you agree that once to contend with. Do you agree that once you have a sufficiently large group of you have a sufficiently large group of you have a sufficiently large group of people that there will be dissenting people that there will be dissenting people that there will be dissenting voices? voices? voices? >> People who disagree with you. >> People who disagree with you. >> People who disagree with you. >> Yeah. >> Yeah. >> Yeah. >> Yeah. >> Yeah. >> Yeah. >> How do you deal with the dissenting >> How do you deal with the dissenting >> How do you deal with the dissenting voices voices voices >> debate and then if you win, you win them >> debate and then if you win, you win them >> debate and then if you win, you win them and the policy gets changed. and the policy gets changed. and the policy gets changed. >> But let's say that you lose, but you >> But let's say that you lose, but you >> But let's say that you lose, but you still dissent. still dissent. still dissent. >> Then I I dissented against Donald Trump. >> Then I I dissented against Donald Trump. >> Then I I dissented against Donald Trump. You still got elected and that's still You still got elected and that's still You still got elected and that's still my president. I I'm p I'm pouting about my president. I I'm p I'm pouting about my president. I I'm p I'm pouting about it, but he still won. it, but he still won. it, but he still won. >> Now imagine that you actually did >> Now imagine that you actually did >> Now imagine that you actually did something about it and you decided that something about it and you decided that something about it and you decided that you weren't going to pay your taxes. you weren't going to pay your taxes. you weren't going to pay your taxes. >> Then I'll go to jail. >> Then I'll go to jail. >> Then I'll go to jail. >> Correct. That's force. So I'm saying >> Correct. That's force. So I'm saying >> Correct. That's force. So I'm saying >> you don't agree that's force. >> you don't agree that's force. >> you don't agree that's force. >> Hold on. So people but that's true now. >> Hold on. So people but that's true now. >> Hold on. So people but that's true now. >> Yes. >> Yes. >> Yes. >> What? So what did we just accomplish in >> What? So what did we just accomplish in >> What? So what did we just accomplish in this? this? this? >> So Drew, what I'm trying to get you to >> So Drew, what I'm trying to get you to >> So Drew, what I'm trying to get you to understand is that understand is that understand is that >> the reason that the equal outcomes never >> the reason that the equal outcomes never >> the reason that the equal outcomes never works is people will not never the works is people will not never the works is people will not never the reason that you end up with a problem reason that you end up with a problem reason that you end up with a problem over there is that must be enacted by over there is that must be enacted by over there is that must be enacted by force. So if you get to the point where force. So if you get to the point where force. So if you get to the point where you say, "Okay, what we're going to do, you say, "Okay, what we're going to do, you say, "Okay, what we're going to do, we're all going to come together. We're we're all going to come together. We're we're all going to come together. We're going to fund the government and these going to fund the government and these going to fund the government and these are going to be the things that we pay are going to be the things that we pay are going to be the things that we pay for. Great. You're going to have winners for. Great. You're going to have winners for. Great. You're going to have winners and losers, but you can decide whether and losers, but you can decide whether and losers, but you can decide whether you want to stay in the country or not. you want to stay in the country or not. you want to stay in the country or not. Yes. Yes. Yes. >> What ends up happening is that as you >> What ends up happening is that as you >> What ends up happening is that as you ratchet that up and you start ratchet that up and you start ratchet that up and you start confiscating the means of production, confiscating the means of production, confiscating the means of production, you start trying you start trying you start trying >> But before before we get to that point, >> But before before we get to that point, >> But before before we get to that point, it's [gasps] it's [gasps] it's [gasps] you know how when we talked about the you know how when we talked about the you know how when we talked about the left and the right and we said the would left and the right and we said the would left and the right and we said the would the right be mad if they got the the right be mad if they got the the right be mad if they got the increase stock market and all that as increase stock market and all that as increase stock market and all that as opposed to saying individual opposed to saying individual opposed to saying individual sovereignty. I think we're doing that sovereignty. I think we're doing that sovereignty. I think we're doing that again where we're now speaking on again where we're now speaking on again where we're now speaking on different levels of the argument. So different levels of the argument. So different levels of the argument. So equal outcome. equal outcome. equal outcome. >> I don't think we're speaking on >> I don't think we're speaking on >> I don't think we're speaking on different levels of the argument. The different levels of the argument. The different levels of the argument. The >> how my mind works then it it's I >> how my mind works then it it's I >> how my mind works then it it's I categorize categorize categorize >> the way the way that the government >> the way the way that the government >> the way the way that the government works is we all come together as weak works is we all come together as weak works is we all come together as weak people and we say that we're going to people and we say that we're going to people and we say that we're going to agree that some things are going to be agree that some things are going to be agree that some things are going to be paid for. We're going to put into a paid for. We're going to put into a paid for. We're going to put into a system where you're able to um pay a system where you're able to um pay a system where you're able to um pay a certain amount of tax. You're going to certain amount of tax. You're going to certain amount of tax. You're going to vote. You're going to be able to vote. You're going to be able to vote. You're going to be able to somewhat influence your destiny. And somewhat influence your destiny. And somewhat influence your destiny. And then the things that we pay for we agree then the things that we pay for we agree then the things that we pay for we agree on. where it starts to break down is on. where it starts to break down is on. where it starts to break down is where you do that via theft which is where you do that via theft which is where you do that via theft which is inflation which is what's happening now. inflation which is what's happening now. inflation which is what's happening now. So the things you're not able to vote So the things you're not able to vote So the things you're not able to vote for for for >> and so we just in 1913 we enacted the um >> and so we just in 1913 we enacted the um >> and so we just in 1913 we enacted the um central banks. We agreed earlier that central banks. We agreed earlier that central banks. We agreed earlier that this is the beginning of all the this is the beginning of all the this is the beginning of all the problems. Now, what we're putting is if problems. Now, what we're putting is if problems. Now, what we're putting is if we were in a situation where we had a we were in a situation where we had a we were in a situation where we had a balanced budget, then what you're balanced budget, then what you're balanced budget, then what you're talking about makes sense to me because talking about makes sense to me because talking about makes sense to me because you can say that we want equal outcomes you can say that we want equal outcomes you can say that we want equal outcomes and everybody gets to vote for the and everybody gets to vote for the and everybody gets to vote for the things that you want to pay for things that you want to pay for things that you want to pay for >> and the budget has to be balanced. But >> and the budget has to be balanced. But >> and the budget has to be balanced. But when you want equal outcomes and you're when you want equal outcomes and you're when you want equal outcomes and you're stealing people's money to get it, then stealing people's money to get it, then stealing people's money to get it, then you will realize some people are going you will realize some people are going you will realize some people are going to say, "Hold on a second. That's not to say, "Hold on a second. That's not to say, "Hold on a second. That's not fair. You're taking from me in order to fair. You're taking from me in order to fair. You're taking from me in order to give to these people, but I'm over here give to these people, but I'm over here give to these people, but I'm over here winning and now you're giving to all the winning and now you're giving to all the winning and now you're giving to all the people that are losing. So, I'm just people that are losing. So, I'm just people that are losing. So, I'm just saying I love what you're putting saying I love what you're putting saying I love what you're putting forward. When you put it forward in the forward. When you put it forward in the forward. When you put it forward in the abstract that we want personal abstract that we want personal abstract that we want personal responsibility on most things, but hey, responsibility on most things, but hey, responsibility on most things, but hey, there's some things that we're going to there's some things that we're going to there's some things that we're going to come together as a society, vote for, come together as a society, vote for, come together as a society, vote for, and say we just we can't tolerate this. and say we just we can't tolerate this. and say we just we can't tolerate this. We don't want to see people not able to We don't want to see people not able to We don't want to see people not able to get medical attention. And as I have get medical attention. And as I have get medical attention. And as I have said many, many times, a society can said many, many times, a society can said many, many times, a society can have anything they want. They're just have anything they want. They're just have anything they want. They're just not going to be able to have everything. not going to be able to have everything. not going to be able to have everything. And so, at some point, you have to And so, at some point, you have to And so, at some point, you have to prioritize. What I'm saying is the thing prioritize. What I'm saying is the thing prioritize. What I'm saying is the thing that doesn't happen is we don't do that. that doesn't happen is we don't do that. that doesn't happen is we don't do that. And we say we're going to get everything And we say we're going to get everything And we say we're going to get everything and we're going to do it through and we're going to do it through and we're going to do it through inflation. And so then I go to okay if inflation. And so then I go to okay if inflation. And so then I go to okay if you're stealing my money you're you're stealing my money you're you're stealing my money you're pathological. Now I just want to map pathological. Now I just want to map pathological. Now I just want to map whose orientation is stealing my money whose orientation is stealing my money whose orientation is stealing my money is good and whose orientation is ah we is good and whose orientation is ah we is good and whose orientation is ah we want to grow and get to the other side. want to grow and get to the other side. want to grow and get to the other side. Now I get it they right now they are Now I get it they right now they are Now I get it they right now they are both distressing but one ideology both distressing but one ideology both distressing but one ideology I'll say it another way. Mhm. I'll say it another way. Mhm. I'll say it another way. Mhm. >> The right needs to immediately start >> The right needs to immediately start >> The right needs to immediately start getting rid of the um socialist getting rid of the um socialist getting rid of the um socialist policies. Full stop. policies. Full stop. policies. Full stop. >> And the left needs to enact more >> And the left needs to enact more >> And the left needs to enact more capitalism in their uh future plans of capitalism in their uh future plans of capitalism in their uh future plans of >> Yeah. They need to come back to the >> Yeah. They need to come back to the >> Yeah. They need to come back to the middle. middle. middle. >> That would be perfect. But there's still >> That would be perfect. But there's still >> That would be perfect. But there's still something in your I can see it in the something in your I can see it in the something in your I can see it in the like smile on your face. like smile on your face. like smile on your face. >> I was literally about to say go to the >> I was literally about to say go to the >> I was literally about to say go to the wide so we can shake hands. I feel like wide so we can shake hands. I feel like wide so we can shake hands. I feel like we landed the plane. We so we landed the plane. We so we landed the plane. We so >> I thought I thought so. >> I thought I thought so. >> I thought I thought so. >> What would you say is do you think that >> What would you say is do you think that >> What would you say is do you think that I have had an epiphany in this I have had an epiphany in this I have had an epiphany in this conversation? conversation? conversation? >> No, but I think we clarified our >> No, but I think we clarified our >> No, but I think we clarified our base assumptions and then we also listed base assumptions and then we also listed base assumptions and then we also listed where do we think each of the sides come where do we think each of the sides come where do we think each of the sides come through. Holy crap, we got nine super through. Holy crap, we got nine super through. Holy crap, we got nine super chats. Yeah, we've been we've been chats. Yeah, we've been we've been chats. Yeah, we've been we've been talking about this for an hour. Bear talking about this for an hour. Bear talking about this for an hour. Bear with me. I'm sorry. I'm sorry. I got to with me. I'm sorry. I'm sorry. I got to with me. I'm sorry. I'm sorry. I got to try for the health of our relationship try for the health of our relationship try for the health of our relationship if nothing else. if nothing else. if nothing else. >> Oh yeah. So I want to understand so if >> Oh yeah. So I want to understand so if >> Oh yeah. So I want to understand so if you know I haven't had an epiphany in you know I haven't had an epiphany in you know I haven't had an epiphany in this conversation I don't think you've this conversation I don't think you've this conversation I don't think you've had an epiphany in this conversation. had an epiphany in this conversation. had an epiphany in this conversation. >> I think I had an epiphany. >> I think I had an epiphany. >> I think I had an epiphany. >> Okay. >> Okay. >> Okay. >> Cuz I think what happened was we went >> Cuz I think what happened was we went >> Cuz I think what happened was we went from we were back and forth from ought from we were back and forth from ought from we were back and forth from ought and is. So I think when we were talking and is. So I think when we were talking and is. So I think when we were talking about what the economy is and then we about what the economy is and then we about what the economy is and then we were laying points at that and then we were laying points at that and then we were laying points at that and then we went into the alt of it all and then we went into the alt of it all and then we went into the alt of it all and then we were then having conversations about the were then having conversations about the were then having conversations about the and is because when it's if we went to and is because when it's if we went to and is because when it's if we went to the um how it ought to be we would the um how it ought to be we would the um how it ought to be we would already have a balanced budget we would already have a balanced budget we would already have a balanced budget we would already stop be uh there would be no already stop be uh there would be no already stop be uh there would be no inflation we would stop money printing inflation we would stop money printing inflation we would stop money printing this conversation is much different when this conversation is much different when this conversation is much different when we're $40 trillion in debt we're $40 trillion in debt we're $40 trillion in debt >> so that's why I think that was the way >> so that's why I think that was the way >> so that's why I think that was the way we kind of crossed paths and the second we kind of crossed paths and the second we kind of crossed paths and the second thing that was important to me was thing that was important to me was thing that was important to me was talking the fundamentals at the talking the fundamentals at the talking the fundamentals at the beginning so indiv individual beginning so indiv individual beginning so indiv individual sovereignty versus equity of outcome. sovereignty versus equity of outcome. sovereignty versus equity of outcome. Then we can argue the policies all day Then we can argue the policies all day Then we can argue the policies all day of how we get to that. But I didn't want of how we get to that. But I didn't want of how we get to that. But I didn't want it to be equity of outcome stock market it to be equity of outcome stock market it to be equity of outcome stock market growth because that's not apples and growth because that's not apples and growth because that's not apples and apples. My comparison, it's the apples. My comparison, it's the apples. My comparison, it's the individual sovereignty uh equal outcomes individual sovereignty uh equal outcomes individual sovereignty uh equal outcomes and then how we execute those things is and then how we execute those things is and then how we execute those things is a whole another thing. a whole another thing. a whole another thing. >> I'm going to go to a meta conversation >> I'm going to go to a meta conversation >> I'm going to go to a meta conversation about your and my relationship. about your and my relationship. about your and my relationship. >> Yeah. >> Yeah. >> Yeah. >> Um we've had these conversations before >> Um we've had these conversations before >> Um we've had these conversations before which every now and then as a producer which every now and then as a producer which every now and then as a producer you allow it to happen. uh which I love you allow it to happen. uh which I love you allow it to happen. uh which I love them as they are incredibly enlightening them as they are incredibly enlightening them as they are incredibly enlightening to me as to where we stand. to me as to where we stand. to me as to where we stand. >> Um I see you as an avatar for an >> Um I see you as an avatar for an >> Um I see you as an avatar for an incredibly smart, incredibly incredibly smart, incredibly incredibly smart, incredibly well-intentioned person who views the well-intentioned person who views the well-intentioned person who views the economy very differently than I do. And economy very differently than I do. And economy very differently than I do. And that always makes me a little bit tense. that always makes me a little bit tense. that always makes me a little bit tense. And we uh reason being that you and I And we uh reason being that you and I And we uh reason being that you and I are here often. You hear the things that are here often. You hear the things that are here often. You hear the things that I say. you have opportunities to argue I say. you have opportunities to argue I say. you have opportunities to argue and when you allow yourself unfettered and when you allow yourself unfettered and when you allow yourself unfettered um ability to argue there is this sense um ability to argue there is this sense um ability to argue there is this sense that I get that there's a lot you leave that I get that there's a lot you leave that I get that there's a lot you leave unsaid in a lot of shows which is very unsaid in a lot of shows which is very unsaid in a lot of shows which is very generous of you as a producer to keep generous of you as a producer to keep generous of you as a producer to keep the focus of the show the focus of the show the focus of the show >> [ __ ] kudos um but the show is only >> [ __ ] kudos um but the show is only >> [ __ ] kudos um but the show is only interesting to me in as much as it may interesting to me in as much as it may interesting to me in as much as it may actually be able to enact change actually be able to enact change actually be able to enact change >> and so we keep coming to this impass >> and so we keep coming to this impass >> and so we keep coming to this impass where there is a sense that you think where there is a sense that you think where there is a sense that you think I'm confused. I'm confused. I'm confused. >> And that's where I always get >> And that's where I always get >> And that's where I always get >> Let me Okay, let me rephrase that. I >> Let me Okay, let me rephrase that. I >> Let me Okay, let me rephrase that. I don't think that you're confused. I don't think that you're confused. I don't think that you're confused. I think that we have we talk in segments a think that we have we talk in segments a think that we have we talk in segments a lot and I'm using the word segment lot and I'm using the word segment lot and I'm using the word segment specifically because we don't look at specifically because we don't look at specifically because we don't look at the entire body. We talk about the digit the entire body. We talk about the digit the entire body. We talk about the digit of the left finger or digit of the left of the left finger or digit of the left of the left finger or digit of the left hand. We talk about the right kneecap. hand. We talk about the right kneecap. hand. We talk about the right kneecap. We talk about the neck. We talk about the neck. We talk about the neck. >> I talk about cause and effect all the >> I talk about cause and effect all the >> I talk about cause and effect all the time, time, time, >> but it's it's specific layers of the >> but it's it's specific layers of the >> but it's it's specific layers of the economy. So, okay, your neck is swollen. economy. So, okay, your neck is swollen. economy. So, okay, your neck is swollen. is because you have inflation that has is because you have inflation that has is because you have inflation that has all attacked this one right uh this part all attacked this one right uh this part all attacked this one right uh this part of the right side of your neck. It is of the right side of your neck. It is of the right side of your neck. It is now causing the local red uh blood cells now causing the local red uh blood cells now causing the local red uh blood cells to react. But then if we take a zoom to react. But then if we take a zoom to react. But then if we take a zoom like step back, it's still what you're like step back, it's still what you're like step back, it's still what you're eating. It's a big there's a lot of eating. It's a big there's a lot of eating. It's a big there's a lot of things that go into that specific things that go into that specific things that go into that specific ailment that we're talking about. Yes. ailment that we're talking about. Yes. ailment that we're talking about. Yes. >> So I use that symbolism to say that when >> So I use that symbolism to say that when >> So I use that symbolism to say that when we talk about the war and the economy we talk about the war and the economy we talk about the war and the economy through the war, it's much it's through the war, it's much it's through the war, it's much it's different than talking about the economy different than talking about the economy different than talking about the economy as a philosophical as a philosophical as a philosophical >> 40,000 few 40,000 foot level of it. >> 40,000 few 40,000 foot level of it. >> 40,000 few 40,000 foot level of it. >> Yes. But let's go back to where we >> Yes. But let's go back to where we >> Yes. But let's go back to where we started. So started. So started. So >> I wanted to play a clip of we did play a >> I wanted to play a clip of we did play a >> I wanted to play a clip of we did play a clip of Kla Harris at my request where clip of Kla Harris at my request where clip of Kla Harris at my request where she shows what I think is a systemic she shows what I think is a systemic she shows what I think is a systemic problem on the left. problem on the left. problem on the left. >> And the argument spiraled from that >> And the argument spiraled from that >> And the argument spiraled from that which is you don't believe that there is which is you don't believe that there is which is you don't believe that there is a systemic problem there. I can feel now a systemic problem there. I can feel now a systemic problem there. I can feel now we'll loop and this will end up being we'll loop and this will end up being we'll loop and this will end up being bad TV. So I'm going to put a pin there. bad TV. So I'm going to put a pin there. bad TV. So I'm going to put a pin there. But you feel a sense of reconciliation But you feel a sense of reconciliation But you feel a sense of reconciliation that I do not share. And I feel that that I do not share. And I feel that that I do not share. And I feel that this is one of those times where if if this is one of those times where if if this is one of those times where if if you and I were a married couple right you and I were a married couple right you and I were a married couple right now, I'd be like, we got to go another now, I'd be like, we got to go another now, I'd be like, we got to go another hour or two hours on this because the um hour or two hours on this because the um hour or two hours on this because the um the the the >> I don't want to sweep anything under the >> I don't want to sweep anything under the >> I don't want to sweep anything under the rug, which we were going to do for bad rug, which we were going to do for bad rug, which we were going to do for bad TV reasons. [laughter] TV reasons. [laughter] TV reasons. [laughter] Um, but I worry that sometimes you and I Um, but I worry that sometimes you and I Um, but I worry that sometimes you and I represent the represent the represent the middleish middleish middleish uh people and yet the divide that we uh people and yet the divide that we uh people and yet the divide that we still have. still have. still have. >> So anyway, I'll leave it there. Um, but >> So anyway, I'll leave it there. Um, but >> So anyway, I'll leave it there. Um, but I'm always grateful I'm always grateful I'm always grateful >> to you for >> to you for >> to you for >> Tom. I I I want you to know like I >> Tom. I I I want you to know like I >> Tom. I I I want you to know like I people think like I get mad or I get people think like I get mad or I get people think like I get mad or I get like I I have real [ __ ] to worry about. like I I have real [ __ ] to worry about. like I I have real [ __ ] to worry about. So of polit like a political So of polit like a political So of polit like a political conversation about the like about the conversation about the like about the conversation about the like about the alts of America is not something that's alts of America is not something that's alts of America is not something that's going to keep me up at night. So I I going to keep me up at night. So I I going to keep me up at night. So I I didn't internalize this. I don't any didn't internalize this. I don't any didn't internalize this. I don't any type of way. I don't take it personal. I type of way. I don't take it personal. I type of way. I don't take it personal. I don't think those are shots about me or don't think those are shots about me or don't think those are shots about me or anything. anything. anything. >> I didn't read you in that way at all. To >> I didn't read you in that way at all. To >> I didn't read you in that way at all. To me, this is a a very big problem that me, this is a a very big problem that me, this is a a very big problem that the world is facing and we are careening the world is facing and we are careening the world is facing and we are careening towards a real problem that maybe I'm towards a real problem that maybe I'm towards a real problem that maybe I'm internalizing too much. But um yeah, I I internalizing too much. But um yeah, I I internalizing too much. But um yeah, I I think that we have think that we have think that we have >> honestly we like it's interesting that >> honestly we like it's interesting that >> honestly we like it's interesting that we got here cuz we were about to talk we got here cuz we were about to talk we got here cuz we were about to talk about the revolution, people burning about the revolution, people burning about the revolution, people burning down warehouses and stuff like that. And down warehouses and stuff like that. And down warehouses and stuff like that. And I think that I think that I think that >> your response was probably going to be >> your response was probably going to be >> your response was probably going to be into economic problems. So I feel I into economic problems. So I feel I into economic problems. So I feel I thought it was going to be that's what I thought it was going to be that's what I thought it was going to be that's what I mean. I thought we were going to mean. I thought we were going to mean. I thought we were going to transition into that conversation. transition into that conversation. transition into that conversation. Then we hit a bunch of fractals. We Then we hit a bunch of fractals. We Then we hit a bunch of fractals. We didn't even get there yet. didn't even get there yet. didn't even get there yet. >> This is I can't believe what time it is. >> This is I can't believe what time it is. >> This is I can't believe what time it is. That was a wild That was a wild That was a wild >> That's what [laughter] I mean. I looked >> That's what [laughter] I mean. I looked >> That's what [laughter] I mean. I looked at like oh snap. The whole show is gone. at like oh snap. The whole show is gone. at like oh snap. The whole show is gone. Uh, time flies when you're having fun, Uh, time flies when you're having fun, Uh, time flies when you're having fun, man. Time flies. Time flies when you're man. Time flies. Time flies when you're man. Time flies. Time flies when you're having fun. So, having fun. So, having fun. So, >> very true. >> very true. >> very true. >> Uh, it's I do want to just at least give >> Uh, it's I do want to just at least give >> Uh, it's I do want to just at least give you the moment to talk about the you the moment to talk about the you the moment to talk about the revolution thing and like bring those revolution thing and like bring those revolution thing and like bring those two together cuz I thought I was playing two together cuz I thought I was playing two together cuz I thought I was playing producer like, "Okay, I'm going to bring producer like, "Okay, I'm going to bring producer like, "Okay, I'm going to bring it back this way." And then we got it back this way." And then we got it back this way." And then we got caught up in the wrong and I didn't caught up in the wrong and I didn't caught up in the wrong and I didn't climb myself out. So, climb myself out. So, climb myself out. So, >> did we get caught up in the wrong? I >> did we get caught up in the wrong? I >> did we get caught up in the wrong? I don't know. I think that was um don't know. I think that was um don't know. I think that was um >> I appreciated it though. Yeah. Yeah. >> I appreciated it though. Yeah. Yeah. >> I appreciated it though. Yeah. Yeah. >> Yeah. I think what just happened is >> Yeah. I think what just happened is >> Yeah. I think what just happened is indicative of where we are as a country. indicative of where we are as a country. indicative of where we are as a country. Even as you march back towards the Even as you march back towards the Even as you march back towards the middle um I think it is interesting that middle um I think it is interesting that middle um I think it is interesting that all of us hopefully all of us map a all of us hopefully all of us map a all of us hopefully all of us map a sense of cause of logic and so we think sense of cause of logic and so we think sense of cause of logic and so we think that we are right. Hopefully we are all that we are right. Hopefully we are all that we are right. Hopefully we are all open-minded and willing to change. Okay, open-minded and willing to change. Okay, open-minded and willing to change. Okay, having said all that uh the question of having said all that uh the question of having said all that uh the question of whether or not this is a class uprising whether or not this is a class uprising whether or not this is a class uprising I think is a very interesting question I think is a very interesting question I think is a very interesting question that is going to be ferociously debated. that is going to be ferociously debated. that is going to be ferociously debated. Um, when you look at all the violence Um, when you look at all the violence Um, when you look at all the violence that we're seeing in the last two weeks, that we're seeing in the last two weeks, that we're seeing in the last two weeks, someone threw a Molotov cocktail at Sam someone threw a Molotov cocktail at Sam someone threw a Molotov cocktail at Sam Alman's San Francisco home. Days later, Alman's San Francisco home. Days later, Alman's San Francisco home. Days later, two more people were arrested near his two more people were arrested near his two more people were arrested near his house after shots were fired in the house after shots were fired in the house after shots were fired in the neighborhood. An Indianapolis city neighborhood. An Indianapolis city neighborhood. An Indianapolis city council uh man who voted for a data council uh man who voted for a data council uh man who voted for a data center had 13 bullets fired into his center had 13 bullets fired into his center had 13 bullets fired into his front door. A note was left on the porch front door. A note was left on the porch front door. A note was left on the porch that said no data centers. And before that said no data centers. And before that said no data centers. And before all of that, a 29-year-old worker, all of that, a 29-year-old worker, all of that, a 29-year-old worker, warehouse worker named uh Kamal uh Abdul warehouse worker named uh Kamal uh Abdul warehouse worker named uh Kamal uh Abdul Karim burned a 1.2 million square foot Karim burned a 1.2 million square foot Karim burned a 1.2 million square foot distribution center to the ground and distribution center to the ground and distribution center to the ground and then uploaded a video of himself saying then uploaded a video of himself saying then uploaded a video of himself saying that if they were just paying a living that if they were just paying a living that if they were just paying a living wage that the warehouse wouldn't have wage that the warehouse wouldn't have wage that the warehouse wouldn't have burned down. Now, nobody knows if all of burned down. Now, nobody knows if all of burned down. Now, nobody knows if all of these incidents are actually connected, these incidents are actually connected, these incidents are actually connected, but there is a crazy pattern that is but there is a crazy pattern that is but there is a crazy pattern that is starting to be very difficult to ignore. starting to be very difficult to ignore. starting to be very difficult to ignore. Luigi Manioni uh who shot the health Luigi Manioni uh who shot the health Luigi Manioni uh who shot the health insurance CEO in cold blood on a insurance CEO in cold blood on a insurance CEO in cold blood on a Manhattan sidewalk. Uh his legal defense Manhattan sidewalk. Uh his legal defense Manhattan sidewalk. Uh his legal defense fund has raised nearly a million dollars fund has raised nearly a million dollars fund has raised nearly a million dollars from 30,000 donors. The guy that burned from 30,000 donors. The guy that burned from 30,000 donors. The guy that burned down the warehouse said that he saw down the warehouse said that he saw down the warehouse said that he saw parallels between himself and Manion. parallels between himself and Manion. parallels between himself and Manion. Roughly half of American college Roughly half of American college Roughly half of American college students sympathize with Manion more students sympathize with Manion more students sympathize with Manion more than the man that he killed. Social than the man that he killed. Social than the man that he killed. Social media says that we're watching the media says that we're watching the media says that we're watching the beginning of a class uprising and these beginning of a class uprising and these beginning of a class uprising and these kind of things have happened kind of things have happened kind of things have happened historically. Uh if you guys know, part historically. Uh if you guys know, part historically. Uh if you guys know, part of why Teddy Roosevelt ended up on uh of why Teddy Roosevelt ended up on uh of why Teddy Roosevelt ended up on uh Mount Rushmore was he was the guy that Mount Rushmore was he was the guy that Mount Rushmore was he was the guy that saw us through the sort of last round of saw us through the sort of last round of saw us through the sort of last round of all of this stuff. And the thing that all of this stuff. And the thing that all of this stuff. And the thing that worries me is the arguments that are worries me is the arguments that are worries me is the arguments that are being put forward right now are to rerun being put forward right now are to rerun being put forward right now are to rerun what we did with Teddy Roosevelt. And so what we did with Teddy Roosevelt. And so what we did with Teddy Roosevelt. And so part of um the reason that I wanted to part of um the reason that I wanted to part of um the reason that I wanted to spend so much time with Drew in that spend so much time with Drew in that spend so much time with Drew in that conversation is that that people are conversation is that that people are conversation is that that people are putting forward yesterday's solution to putting forward yesterday's solution to putting forward yesterday's solution to a totally different problem today. And a totally different problem today. And a totally different problem today. And the truth is that the anger that people the truth is that the anger that people the truth is that the anger that people feel is completely justified. Completely feel is completely justified. Completely feel is completely justified. Completely justified. The system is rigged. It is justified. The system is rigged. It is justified. The system is rigged. It is rigged against you. Uh it is as rigged against you. Uh it is as rigged against you. Uh it is as problematic as people think. Since 1979, problematic as people think. Since 1979, problematic as people think. Since 1979, American worker productivity grew by American worker productivity grew by American worker productivity grew by 80.9% while wages only grew by 29.4%. 80.9% while wages only grew by 29.4%. 80.9% while wages only grew by 29.4%. The top 1% now hold as much wealth as The top 1% now hold as much wealth as The top 1% now hold as much wealth as the bottom 90% combined. For six the bottom 90% combined. For six the bottom 90% combined. For six straight years through 2025, the bottom straight years through 2025, the bottom straight years through 2025, the bottom 80% of earners failed to keep up with 80% of earners failed to keep up with 80% of earners failed to keep up with inflation, specifically on the things inflation, specifically on the things inflation, specifically on the things that matter. Housing, grocery, energy, that matter. Housing, grocery, energy, that matter. Housing, grocery, energy, healthcare. These are the things that healthcare. These are the things that healthcare. These are the things that you can't cut without real consequences. you can't cut without real consequences. you can't cut without real consequences. And when you're spending 65% of your And when you're spending 65% of your And when you're spending 65% of your take-home pay on rent, take-home pay on rent, take-home pay on rent, people are going to go berserk. people are going to go berserk. people are going to go berserk. But what concerns me is that people are But what concerns me is that people are But what concerns me is that people are not mapping the cause and effect. And if not mapping the cause and effect. And if not mapping the cause and effect. And if people were beating the drum about people were beating the drum about people were beating the drum about inflation and money printing, then I inflation and money printing, then I inflation and money printing, then I would have hope for the future. But we would have hope for the future. But we would have hope for the future. But we are not. We are beating the drum about are not. We are beating the drum about are not. We are beating the drum about greedy corporations and billionaires. greedy corporations and billionaires. greedy corporations and billionaires. And that is to fundamentally miss the And that is to fundamentally miss the And that is to fundamentally miss the connective tissue of how we have ended connective tissue of how we have ended connective tissue of how we have ended up here. That was what was happening up here. That was what was happening up here. That was what was happening back in Teddy Roosevelt's day. And back in Teddy Roosevelt's day. And back in Teddy Roosevelt's day. And that's why the things that he enacted that's why the things that he enacted that's why the things that he enacted actually worked. He broke up the actually worked. He broke up the actually worked. He broke up the monopolies. He made sure that worker um monopolies. He made sure that worker um monopolies. He made sure that worker um like 40hour weeks and making sure that like 40hour weeks and making sure that like 40hour weeks and making sure that they weren't being abused by a system they weren't being abused by a system they weren't being abused by a system that had virtually no visibility. That's that had virtually no visibility. That's that had virtually no visibility. That's what you had to do back then for sure. what you had to do back then for sure. what you had to do back then for sure. But now people are fighting back against But now people are fighting back against But now people are fighting back against billionaires as as if the way that billionaires as as if the way that billionaires as as if the way that billionaires are getting rich isn't billionaires are getting rich isn't billionaires are getting rich isn't through inflation. And that's the thing through inflation. And that's the thing through inflation. And that's the thing that people do not understand. that people do not understand. that people do not understand. [sighs] [sighs] [sighs] Owning assets right now is the great Owning assets right now is the great Owning assets right now is the great protective mechanism because the system protective mechanism because the system protective mechanism because the system is so rigged. And here's the hard thing is so rigged. And here's the hard thing is so rigged. And here's the hard thing that people like Mandani are learning that people like Mandani are learning that people like Mandani are learning right now. the real wealth is in the right now. the real wealth is in the right now. the real wealth is in the middle class and the upper middle class. middle class and the upper middle class. middle class and the upper middle class. That's where all the money is stored. That's where all the money is stored. That's where all the money is stored. It's not with the billionaires. And so It's not with the billionaires. And so It's not with the billionaires. And so the great irony of watching someone like the great irony of watching someone like the great irony of watching someone like Hassan [ __ ] talk about taxing people to Hassan [ __ ] talk about taxing people to Hassan [ __ ] talk about taxing people to death or somebody like um oh the guy death or somebody like um oh the guy death or somebody like um oh the guy from Connecticut, Bernie Sanders talking from Connecticut, Bernie Sanders talking from Connecticut, Bernie Sanders talking about taxing people to death is you will about taxing people to death is you will about taxing people to death is you will notice Bernie Sanders used to bang on notice Bernie Sanders used to bang on notice Bernie Sanders used to bang on about millionaires and billionaires are about millionaires and billionaires are about millionaires and billionaires are the problem. Millionaires and the problem. Millionaires and the problem. Millionaires and billionaires. Ever wonder why now he billionaires. Ever wonder why now he billionaires. Ever wonder why now he only says billionaires? Because he only says billionaires? Because he only says billionaires? Because he himself is a millionaire. So what ends himself is a millionaire. So what ends himself is a millionaire. So what ends up happening is people realize that oh up happening is people realize that oh up happening is people realize that oh wait a second not only when we try to wait a second not only when we try to wait a second not only when we try to tax the billionaires does it not work tax the billionaires does it not work tax the billionaires does it not work because they will leave. They will um because they will leave. They will um because they will leave. They will um stop producing which is by far the stop producing which is by far the stop producing which is by far the worst. They will hire accountants and worst. They will hire accountants and worst. They will hire accountants and professionals to help them avoid the professionals to help them avoid the professionals to help them avoid the tax. But no matter what you do, short of tax. But no matter what you do, short of tax. But no matter what you do, short of showing up with weapons to confiscate showing up with weapons to confiscate showing up with weapons to confiscate their wealth, you don't end up getting their wealth, you don't end up getting their wealth, you don't end up getting more money. Look up the laugher curve. more money. Look up the laugher curve. more money. Look up the laugher curve. There is just a reality to be faced that There is just a reality to be faced that There is just a reality to be faced that there's only so much money that you're there's only so much money that you're there's only so much money that you're going to get through tax. And by the going to get through tax. And by the going to get through tax. And by the way, and I just cannot stress this way, and I just cannot stress this way, and I just cannot stress this enough, if you have an unbalanced enough, if you have an unbalanced enough, if you have an unbalanced budget, no matter how much you tax budget, no matter how much you tax budget, no matter how much you tax people, it isn't going to work. For people, it isn't going to work. For people, it isn't going to work. For every dollar that we have taken in in every dollar that we have taken in in every dollar that we have taken in in tax revenue since 2019, the government tax revenue since 2019, the government tax revenue since 2019, the government has spent, it's like a $158. It's, if has spent, it's like a $158. It's, if has spent, it's like a $158. It's, if that isn't exactly the number, it's that isn't exactly the number, it's that isn't exactly the number, it's right around there. So, you will never right around there. So, you will never right around there. So, you will never solve this problem by taxing people more solve this problem by taxing people more solve this problem by taxing people more until you balance the budget. And no until you balance the budget. And no until you balance the budget. And no matter how many times I say that, it matter how many times I say that, it matter how many times I say that, it just that's never the argument. What just that's never the argument. What just that's never the argument. What ends up being the argument is that ends up being the argument is that ends up being the argument is that people burn buildings by throwing people burn buildings by throwing people burn buildings by throwing Molotov cocktails and ultimately they're Molotov cocktails and ultimately they're Molotov cocktails and ultimately they're aiming at the wrong target. And if we aiming at the wrong target. And if we aiming at the wrong target. And if we could get people to understand that could get people to understand that could get people to understand that killing an insurance executive or killing an insurance executive or killing an insurance executive or burning a warehouse uh to the ground, burning a warehouse uh to the ground, burning a warehouse uh to the ground, going after AI CEOs, this isn't going to going after AI CEOs, this isn't going to going after AI CEOs, this isn't going to solve the problem. They are operating solve the problem. They are operating solve the problem. They are operating inside of a machine that they didn't inside of a machine that they didn't inside of a machine that they didn't build. The machine was built in 1913. build. The machine was built in 1913. build. The machine was built in 1913. And if you want to know who to be angry And if you want to know who to be angry And if you want to know who to be angry at, be angry at central bankers and at, be angry at central bankers and at, be angry at central bankers and politicians that keep voting for it to politicians that keep voting for it to politicians that keep voting for it to exist. The machine right now is a $2 exist. The machine right now is a $2 exist. The machine right now is a $2 trillion annual deficit machine that trillion annual deficit machine that trillion annual deficit machine that turns the gap between what you earn and turns the gap between what you earn and turns the gap between what you earn and what you owe into somebody else's asset what you owe into somebody else's asset what you owe into somebody else's asset appreciation. appreciation. appreciation. That deficit is the thing that's driving That deficit is the thing that's driving That deficit is the thing that's driving the K-shaped economy. the K-shaped economy. the K-shaped economy. People think that they're stealing People think that they're stealing People think that they're stealing money. They're not stealing money. And money. They're not stealing money. And money. They're not stealing money. And I'm not asking you, well, money is being I'm not asking you, well, money is being I'm not asking you, well, money is being stolen, but that is a whole different stolen, but that is a whole different stolen, but that is a whole different thing. Fraud in the government is just thing. Fraud in the government is just thing. Fraud in the government is just going to be horrifying. But when you're going to be horrifying. But when you're going to be horrifying. But when you're mad at a billionaire whose net worth mad at a billionaire whose net worth mad at a billionaire whose net worth just keeps going up and up and up just keeps going up and up and up just keeps going up and up and up because they own assets, you have to because they own assets, you have to because they own assets, you have to ask, why are those assets going up and ask, why are those assets going up and ask, why are those assets going up and up and up? Because money is being stolen up and up? Because money is being stolen up and up? Because money is being stolen from the middle class. It is being from the middle class. It is being from the middle class. It is being stolen from workers, but it's being stolen from workers, but it's being stolen from workers, but it's being stolen through inflation. stolen through inflation. stolen through inflation. So that's the thing that we have to get So that's the thing that we have to get So that's the thing that we have to get everybody to focus on. And yet every everybody to focus on. And yet every everybody to focus on. And yet every major period of extreme inequality in major period of extreme inequality in major period of extreme inequality in recorded history has ended in one of two recorded history has ended in one of two recorded history has ended in one of two ways. Structural reform or mass ways. Structural reform or mass ways. Structural reform or mass violence? violence? violence? So the question becomes, what's the So the question becomes, what's the So the question becomes, what's the structural reform that would work right structural reform that would work right structural reform that would work right now? And the structural reform that I'm now? And the structural reform that I'm now? And the structural reform that I'm rebelling against, and this is one of rebelling against, and this is one of rebelling against, and this is one of those moments where I feel bad about those moments where I feel bad about those moments where I feel bad about Drew because his face is drug all up in Drew because his face is drug all up in Drew because his face is drug all up in this [ __ ] show. And yet as a producer this [ __ ] show. And yet as a producer this [ __ ] show. And yet as a producer he is generous of spirit and allows me he is generous of spirit and allows me he is generous of spirit and allows me to say my thing. But the reality is I to say my thing. But the reality is I to say my thing. But the reality is I believe that the things the left wants, believe that the things the left wants, believe that the things the left wants, the vision that they have for the future the vision that they have for the future the vision that they have for the future is the thing that's [snorts] going to is the thing that's [snorts] going to is the thing that's [snorts] going to lead to increased violence is going to lead to increased violence is going to lead to increased violence is going to be problematic. Now, the left or the be problematic. Now, the left or the be problematic. Now, the left or the right is [ __ ] up so much right now right is [ __ ] up so much right now right is [ __ ] up so much right now that honestly it's a throw them both in that honestly it's a throw them both in that honestly it's a throw them both in the trash and just look for a candidate the trash and just look for a candidate the trash and just look for a candidate that will speak to one very simple that will speak to one very simple that will speak to one very simple thing. The understanding of the thing. The understanding of the thing. The understanding of the connection between deficit spending, connection between deficit spending, connection between deficit spending, inflation, and the growing K-shaped inflation, and the growing K-shaped inflation, and the growing K-shaped economy. Because anybody that bangs the economy. Because anybody that bangs the economy. Because anybody that bangs the drum about taxing billionaires more does drum about taxing billionaires more does drum about taxing billionaires more does not understand the actual math. And the not understand the actual math. And the not understand the actual math. And the violence historically never fixes that violence historically never fixes that violence historically never fixes that math. It just makes things so painful math. It just makes things so painful math. It just makes things so painful that everyone is finally willing to that everyone is finally willing to that everyone is finally willing to accept the cause and effect of accept the cause and effect of accept the cause and effect of austerity, balancing the budget, making austerity, balancing the budget, making austerity, balancing the budget, making sure that we're not inflating people sure that we're not inflating people sure that we're not inflating people into madness. into madness. into madness. So the anger is right. So the anger is right. So the anger is right. I understand emotionally why people are I understand emotionally why people are I understand emotionally why people are so outraged that they would do the so outraged that they would do the so outraged that they would do the things that they're doing, but the things that they're doing, but the things that they're doing, but the mechanism that they are calling for will mechanism that they are calling for will mechanism that they are calling for will make it worse, not better. And if the make it worse, not better. And if the make it worse, not better. And if the people who are mad people who are mad people who are mad are never able to map that difference, are never able to map that difference, are never able to map that difference, then the rage is only going to bring then the rage is only going to bring then the rage is only going to bring more suffering, not less. more suffering, not less. more suffering, not less. Teddy Roosevelt understood the mechanism Teddy Roosevelt understood the mechanism Teddy Roosevelt understood the mechanism of his day and he addressed it. We have of his day and he addressed it. We have of his day and he addressed it. We have to understand the mechanism of our day to understand the mechanism of our day to understand the mechanism of our day which again is deficit spending and which again is deficit spending and which again is deficit spending and money printing that causes inflation in money printing that causes inflation in money printing that causes inflation in the K-shaped economy. That's the thing the K-shaped economy. That's the thing the K-shaped economy. That's the thing and I I am perfectly I'm thrilled to and I I am perfectly I'm thrilled to and I I am perfectly I'm thrilled to vote for a Democrat if they are just vote for a Democrat if they are just vote for a Democrat if they are just gung-ho about we've got to balance the gung-ho about we've got to balance the gung-ho about we've got to balance the budget. We've got to stop budget. We've got to stop budget. We've got to stop any policy that isn't economically any policy that isn't economically any policy that isn't economically viable. And so, yes, I'm going to viable. And so, yes, I'm going to viable. And so, yes, I'm going to continue to call out people that do continue to call out people that do continue to call out people that do things that don't make sense, like what things that don't make sense, like what things that don't make sense, like what Trump is doing now, and that say things Trump is doing now, and that say things Trump is doing now, and that say things that show that they don't understand the that show that they don't understand the that show that they don't understand the economy, like Kla Harris's economy, like Kla Harris's economy, like Kla Harris's bumbling thing on the economy, or like bumbling thing on the economy, or like bumbling thing on the economy, or like one of Biden's senior economic adviserss one of Biden's senior economic adviserss one of Biden's senior economic adviserss who could not explain modern monetary who could not explain modern monetary who could not explain modern monetary theory. theory. theory. because we all have to call out the because we all have to call out the because we all have to call out the things that don't make sense because things that don't make sense because things that don't make sense because whether it's fun to talk about the whether it's fun to talk about the whether it's fun to talk about the physics of the economy or not, we're all physics of the economy or not, we're all physics of the economy or not, we're all beholden to them. beholden to them. beholden to them. I was going to ask like is this going to I was going to ask like is this going to I was going to ask like is this going to keep continuing? But I think from Manion keep continuing? But I think from Manion keep continuing? But I think from Manion to the warehouse to now at Amazon to the warehouse to now at Amazon to the warehouse to now at Amazon warehouse to there was another fire in warehouse to there was another fire in warehouse to there was another fire in New York somewhere, it seemed like it's New York somewhere, it seemed like it's New York somewhere, it seemed like it's already escalating. Is this the pockets already escalating. Is this the pockets already escalating. Is this the pockets of violence part of the debt that you of violence part of the debt that you of violence part of the debt that you think we're we're at now? think we're we're at now? think we're we're at now? >> Yes. Oh, for sure. And the AI of it all >> Yes. Oh, for sure. And the AI of it all >> Yes. Oh, for sure. And the AI of it all is just going to make things worse. So, is just going to make things worse. So, is just going to make things worse. So, people are uh understandably afraid of people are uh understandably afraid of people are uh understandably afraid of AI and so you put that on top of AI and so you put that on top of AI and so you put that on top of everything else that's going wrong. Yep. everything else that's going wrong. Yep. everything else that's going wrong. Yep. And you get what we're seeing now. Now, And you get what we're seeing now. Now, And you get what we're seeing now. Now, my hope is that it remains pockets of my hope is that it remains pockets of my hope is that it remains pockets of violence, that we pull our heads out of violence, that we pull our heads out of violence, that we pull our heads out of our asses, that we balance the budget, our asses, that we balance the budget, our asses, that we balance the budget, and we stop uh inflating people into and we stop uh inflating people into and we stop uh inflating people into oblivion. oblivion. oblivion. But yeah, we'll see if we actually do But yeah, we'll see if we actually do But yeah, we'll see if we actually do it. it. it. >> Nice. Um, okay. We have a plethora of >> Nice. Um, okay. We have a plethora of >> Nice. Um, okay. We have a plethora of super chats and I feel like some of them super chats and I feel like some of them super chats and I feel like some of them have are going to be a longer have are going to be a longer have are going to be a longer conversation. So, let's jump into that. conversation. So, let's jump into that. conversation. So, let's jump into that. [laughter] [laughter] [laughter] >> Yo, this show flew by. This is the >> Yo, this show flew by. This is the >> Yo, this show flew by. This is the fastest show we ever fastest show we ever fastest show we ever >> Johannes Alcazar says on this topic on >> Johannes Alcazar says on this topic on >> Johannes Alcazar says on this topic on anonymous Dutch immigrant wrote a whole anonymous Dutch immigrant wrote a whole anonymous Dutch immigrant wrote a whole constitution called protocol 10 because constitution called protocol 10 because constitution called protocol 10 because of the unrealized gain tax protecting of the unrealized gain tax protecting of the unrealized gain tax protecting citizens from parliamentary overreach. citizens from parliamentary overreach. citizens from parliamentary overreach. could be NL's Satoshi for laws. could be NL's Satoshi for laws. could be NL's Satoshi for laws. >> I'm sorry, that disappeared. Read that >> I'm sorry, that disappeared. Read that >> I'm sorry, that disappeared. Read that again. I can't find that. again. I can't find that. again. I can't find that. >> Oh, uh, an anonymous This is from So, >> Oh, uh, an anonymous This is from So, >> Oh, uh, an anonymous This is from So, this was from last time. They sent it in this was from last time. They sent it in this was from last time. They sent it in when the show wrapped up. when the show wrapped up. when the show wrapped up. >> Oh, >> Oh, >> Oh, >> so I'm just bringing it back. >> so I'm just bringing it back. >> so I'm just bringing it back. >> Got it. Got it. I was like, I did not >> Got it. Got it. I was like, I did not >> Got it. Got it. I was like, I did not see that. My bad. Read. see that. My bad. Read. see that. My bad. Read. >> Apologies. I forgot the context. But >> Apologies. I forgot the context. But >> Apologies. I forgot the context. But yeah, an anonymous Dutch uh immigrant yeah, an anonymous Dutch uh immigrant yeah, an anonymous Dutch uh immigrant wrote a whole constitution called wrote a whole constitution called wrote a whole constitution called Protocol 10 because of the unrealized Protocol 10 because of the unrealized Protocol 10 because of the unrealized gains tax protecting citizens from gains tax protecting citizens from gains tax protecting citizens from parliamentary overreach. Could be the parliamentary overreach. Could be the parliamentary overreach. Could be the NL's Satoshi for laws. NL's Satoshi for laws. NL's Satoshi for laws. >> Um, yeah. I mean, listen, the unrealized >> Um, yeah. I mean, listen, the unrealized >> Um, yeah. I mean, listen, the unrealized gains thing is um gains thing is um gains thing is um that that one is my like rational that that one is my like rational that that one is my like rational kryptonite. I I just go absolutely kryptonite. I I just go absolutely kryptonite. I I just go absolutely nuclear every time that it's brought up nuclear every time that it's brought up nuclear every time that it's brought up because it is so destructive. because it is so destructive. because it is so destructive. >> Are you team close the loopholes? >> Are you team close the loopholes? >> Are you team close the loopholes? >> I love it. Yeah, [ __ ] them. Make >> I love it. Yeah, [ __ ] them. Make >> I love it. Yeah, [ __ ] them. Make everybody pay tax. Yeah. Yeah. But just everybody pay tax. Yeah. Yeah. But just everybody pay tax. Yeah. Yeah. But just make that [ __ ] blanket. make that [ __ ] blanket. make that [ __ ] blanket. >> Yeah. I think the capital unrealized >> Yeah. I think the capital unrealized >> Yeah. I think the capital unrealized capital gains is chasing like we're capital gains is chasing like we're capital gains is chasing like we're playing loophole whack-a-ole where if playing loophole whack-a-ole where if playing loophole whack-a-ole where if you just take the loopholes you don't you just take the loopholes you don't you just take the loopholes you don't have to worry about the capital like have to worry about the capital like have to worry about the capital like yeah yeah yeah >> trying to make these policies. >> trying to make these policies. >> trying to make these policies. >> Yes. But the the bad news is my personal >> Yes. But the the bad news is my personal >> Yes. But the the bad news is my personal thing that I just become unglued about thing that I just become unglued about thing that I just become unglued about is when people talk about these things is when people talk about these things is when people talk about these things without cause and effect and uh when you without cause and effect and uh when you without cause and effect and uh when you say tax unrealized gains like I can't say tax unrealized gains like I can't say tax unrealized gains like I can't tell if they're evil or they're dumb but tell if they're evil or they're dumb but tell if they're evil or they're dumb but it's it is one of those two. it's it is one of those two. it's it is one of those two. Suhib Shishi says with a $50 super chat Suhib Shishi says with a $50 super chat Suhib Shishi says with a $50 super chat says, "Hey, let's go with the $50 super says, "Hey, let's go with the $50 super says, "Hey, let's go with the $50 super chat. Appreciate you. Good morning. chat. Appreciate you. Good morning. chat. Appreciate you. Good morning. Happy Monday to you." Happy Monday to you." Happy Monday to you." >> We often frame geopolitics strictly as >> We often frame geopolitics strictly as >> We often frame geopolitics strictly as empire economics, choke points, and empire economics, choke points, and empire economics, choke points, and reserve currency. If every state action reserve currency. If every state action reserve currency. If every state action reduces to financial survival, what is reduces to financial survival, what is reduces to financial survival, what is the moral break pedal? If any atrocity the moral break pedal? If any atrocity the moral break pedal? If any atrocity mathematically guarantees dominance, mathematically guarantees dominance, mathematically guarantees dominance, what says no? Thank you. what says no? Thank you. what says no? Thank you. >> Uh, well, it's very interesting. The >> Uh, well, it's very interesting. The >> Uh, well, it's very interesting. The thing that says no is the will of your thing that says no is the will of your thing that says no is the will of your own people internally. So the check on own people internally. So the check on own people internally. So the check on all of us is that we have an algorithm all of us is that we have an algorithm all of us is that we have an algorithm running in our brains placed there by running in our brains placed there by running in our brains placed there by evolution that says that you have to do evolution that says that you have to do evolution that says that you have to do something that contributes to the group something that contributes to the group something that contributes to the group which gives us deep empathy. Now ingroup which gives us deep empathy. Now ingroup which gives us deep empathy. Now ingroup outgroup is also a very real thing which outgroup is also a very real thing which outgroup is also a very real thing which will let you be homicidally murderous to will let you be homicidally murderous to will let you be homicidally murderous to somebody that you consider on the somebody that you consider on the somebody that you consider on the outside and you won't even think about outside and you won't even think about outside and you won't even think about it which is [ __ ] wild but nonetheless it which is [ __ ] wild but nonetheless it which is [ __ ] wild but nonetheless true of the human condition. Uh and so true of the human condition. Uh and so true of the human condition. Uh and so countries have to put the brakes on countries have to put the brakes on countries have to put the brakes on themselves and eventually you get enough themselves and eventually you get enough themselves and eventually you get enough people that go ah yeah I'm perfectly people that go ah yeah I'm perfectly people that go ah yeah I'm perfectly willing to be shot, tortured, killed, willing to be shot, tortured, killed, willing to be shot, tortured, killed, whatever, but I'm not going to remain whatever, but I'm not going to remain whatever, but I'm not going to remain silent. But oftentimes that will be silent. But oftentimes that will be silent. But oftentimes that will be hundred plus years in the making because hundred plus years in the making because hundred plus years in the making because it's pretty bad and uh governments will it's pretty bad and uh governments will it's pretty bad and uh governments will be absolutely ruthless. Uh and there are be absolutely ruthless. Uh and there are be absolutely ruthless. Uh and there are ways to get people to go along with some ways to get people to go along with some ways to get people to go along with some pretty ruthless [ __ ] Look up the pretty ruthless [ __ ] Look up the pretty ruthless [ __ ] Look up the Mongols and what they did. Man, if you Mongols and what they did. Man, if you Mongols and what they did. Man, if you give enough spoils of war to your most give enough spoils of war to your most give enough spoils of war to your most murderous people, they'll stay murderous murderous people, they'll stay murderous murderous people, they'll stay murderous for a long time. And if you're making for a long time. And if you're making for a long time. And if you're making things good uh for your people by things good uh for your people by things good uh for your people by sending them the treasure of the people sending them the treasure of the people sending them the treasure of the people that you murder and slay and genocide that you murder and slay and genocide that you murder and slay and genocide out of existence, they'll rock with it out of existence, they'll rock with it out of existence, they'll rock with it because their life is great. Um so because their life is great. Um so because their life is great. Um so that's just uh my favorite saying that that's just uh my favorite saying that that's just uh my favorite saying that you're arguing with God. I don't know you're arguing with God. I don't know you're arguing with God. I don't know why um that's how humans are, but that's why um that's how humans are, but that's why um that's how humans are, but that's how humans are. So waiting for those how humans are. So waiting for those how humans are. So waiting for those breaks to apply themselves is pretty breaks to apply themselves is pretty breaks to apply themselves is pretty terrifying. terrifying. terrifying. >> April says, "Deep dive on silver. On >> April says, "Deep dive on silver. On >> April says, "Deep dive on silver. On January 30th, 2026, JP Morgan closed January 30th, 2026, JP Morgan closed January 30th, 2026, JP Morgan closed their short on silver at exact bottom. their short on silver at exact bottom. their short on silver at exact bottom. London Metal Exchange/LBMO London Metal Exchange/LBMO London Metal Exchange/LBMO glitched and went offline. COMEX raised glitched and went offline. COMEX raised glitched and went offline. COMEX raised margins 20%. Asian markets closed and margins 20%. Asian markets closed and margins 20%. Asian markets closed and new Fed chair announced silver 120 to new Fed chair announced silver 120 to new Fed chair announced silver 120 to 78." 78." 78." >> You know, it's interesting. So maybe, >> You know, it's interesting. So maybe, >> You know, it's interesting. So maybe, but the most interesting thing about but the most interesting thing about but the most interesting thing about that this weekend I had an epiphany as I that this weekend I had an epiphany as I that this weekend I had an epiphany as I was writing um another deep dive. was writing um another deep dive. was writing um another deep dive. I can't tell if it's a really small but I can't tell if it's a really small but I can't tell if it's a really small but vocal minority of people that want deep vocal minority of people that want deep vocal minority of people that want deep dives to merely be a hey Tom, I I don't dives to merely be a hey Tom, I I don't dives to merely be a hey Tom, I I don't quite know what this thing is. Go quite know what this thing is. Go quite know what this thing is. Go explain it versus what I have been doing explain it versus what I have been doing explain it versus what I have been doing which is this thing really matters to which is this thing really matters to which is this thing really matters to your life. You need to understand it. So your life. You need to understand it. So your life. You need to understand it. So here it is. Go check it out. Um, if it here it is. Go check it out. Um, if it here it is. Go check it out. Um, if it is just, oh, this thing is important and is just, oh, this thing is important and is just, oh, this thing is important and I want you to do the research and I want I want you to do the research and I want I want you to do the research and I want you to write about it. I don't want to you to write about it. I don't want to you to write about it. I don't want to have to do it. Just give me the the have to do it. Just give me the the have to do it. Just give me the the cliffnotes. cliffnotes. cliffnotes. >> Um, that's a very fundamentally >> Um, that's a very fundamentally >> Um, that's a very fundamentally different way of approaching this. So, different way of approaching this. So, different way of approaching this. So, anyway, um, if on that side that ends up anyway, um, if on that side that ends up anyway, um, if on that side that ends up being what this is, then maybe being what this is, then maybe being what this is, then maybe >> we'll see. We'll do some experiments and >> we'll see. We'll do some experiments and >> we'll see. We'll do some experiments and see if you guys respond. see if you guys respond. see if you guys respond. >> Stephanie Burnbomb says, "I heard >> Stephanie Burnbomb says, "I heard >> Stephanie Burnbomb says, "I heard there's a tree in Ethiopia that provides there's a tree in Ethiopia that provides there's a tree in Ethiopia that provides perfume to the world. It's in danger. Is perfume to the world. It's in danger. Is perfume to the world. It's in danger. Is this important in all of this?" Haha. this important in all of this?" Haha. this important in all of this?" Haha. Uh, steady Eddie. Everyone knows an Uh, steady Eddie. Everyone knows an Uh, steady Eddie. Everyone knows an Eddie. Eddie. Eddie. >> I saw that one come through and I was >> I saw that one come through and I was >> I saw that one come through and I was like, "Wait, what?" Uh, so I mean, I'll like, "Wait, what?" Uh, so I mean, I'll like, "Wait, what?" Uh, so I mean, I'll give you one man's take on this. So, the give you one man's take on this. So, the give you one man's take on this. So, the LA wildfires that burned so many homes LA wildfires that burned so many homes LA wildfires that burned so many homes in the Palisades was partly caused in the Palisades was partly caused in the Palisades was partly caused because there was a plant uh that they because there was a plant uh that they because there was a plant uh that they didn't want to go extinct. And I'm of didn't want to go extinct. And I'm of didn't want to go extinct. And I'm of the opinion that [ __ ] that plant. So, the opinion that [ __ ] that plant. So, the opinion that [ __ ] that plant. So, um, if there is a tree, like get its um, if there is a tree, like get its um, if there is a tree, like get its DNA, get some seeds, plant it somewhere DNA, get some seeds, plant it somewhere DNA, get some seeds, plant it somewhere safe, make sure that it won't go extinct safe, make sure that it won't go extinct safe, make sure that it won't go extinct that if they have to be moved or killed that if they have to be moved or killed that if they have to be moved or killed for some reason that we can replant. Um, for some reason that we can replant. Um, for some reason that we can replant. Um, but yes, I am of the opinion that if but yes, I am of the opinion that if but yes, I am of the opinion that if humans are doing something that is um, humans are doing something that is um, humans are doing something that is um, as thoughtful as we can be, but as thoughtful as we can be, but as thoughtful as we can be, but ultimately protective of sensible human ultimately protective of sensible human ultimately protective of sensible human growth, to put some nice caveats in growth, to put some nice caveats in growth, to put some nice caveats in there, uh, I'm prohuman in that way. there, uh, I'm prohuman in that way. there, uh, I'm prohuman in that way. Also, shout out to Stephanie. She's Also, shout out to Stephanie. She's Also, shout out to Stephanie. She's always dropping super chats and like always dropping super chats and like always dropping super chats and like thanks on videos and stuff like that. thanks on videos and stuff like that. thanks on videos and stuff like that. Longtime supporter of the channel. We Longtime supporter of the channel. We Longtime supporter of the channel. We appreciate you, Stephanie. appreciate you, Stephanie. appreciate you, Stephanie. >> Indeed. >> Indeed. >> Indeed. >> Brutus Lugo says, "Tom, be for real. Who >> Brutus Lugo says, "Tom, be for real. Who >> Brutus Lugo says, "Tom, be for real. Who has historically been better for the has historically been better for the has historically been better for the economy on paper, the Democrats or the economy on paper, the Democrats or the economy on paper, the Democrats or the Republicans?" Republicans?" Republicans?" >> What do you mean on paper? >> What do you mean on paper? >> What do you mean on paper? >> Uh, I'm assuming because this came in >> Uh, I'm assuming because this came in >> Uh, I'm assuming because this came in during the debate. I'm assuming he's during the debate. I'm assuming he's during the debate. I'm assuming he's talking about like who actually balances talking about like who actually balances talking about like who actually balances the budget, who, you know, deficit the budget, who, you know, deficit the budget, who, you know, deficit spending things. spending things. spending things. >> Oh, great. So, god, Jesus Christ. So, >> Oh, great. So, god, Jesus Christ. So, >> Oh, great. So, god, Jesus Christ. So, Brutus, you've been here for way too Brutus, you've been here for way too Brutus, you've been here for way too [ __ ] long. [ __ ] long. [ __ ] long. Uh so here is what I will say about me. Uh so here is what I will say about me. Uh so here is what I will say about me. I have a classically rightle leaning I have a classically rightle leaning I have a classically rightle leaning mildly temperament. Meaning I air mildly temperament. Meaning I air mildly temperament. Meaning I air >> I don't even want to use the words >> I don't even want to use the words >> I don't even want to use the words Republican. [laughter] Republican. [laughter] Republican. [laughter] >> I I believe zero. >> I I believe zero. >> I I believe zero. >> That's hilarious. I believe evolution >> That's hilarious. I believe evolution >> That's hilarious. I believe evolution gave us something roughly akin to the gave us something roughly akin to the gave us something roughly akin to the left and the right. The left is to make left and the right. The left is to make left and the right. The left is to make sure that we have compassion, that we sure that we have compassion, that we sure that we have compassion, that we work well together as a group, and the work well together as a group, and the work well together as a group, and the right makes sure that we have personal right makes sure that we have personal right makes sure that we have personal responsibility, that we innovate, that responsibility, that we innovate, that responsibility, that we innovate, that we push things forward. So, I am, I we push things forward. So, I am, I we push things forward. So, I am, I would say, deeply compassionate. But if would say, deeply compassionate. But if would say, deeply compassionate. But if you want to know where I when I look you want to know where I when I look you want to know where I when I look around the world and I think people are around the world and I think people are around the world and I think people are acting crazy, I'm more likely to look acting crazy, I'm more likely to look acting crazy, I'm more likely to look over here and be like, "Hey, you need to over here and be like, "Hey, you need to over here and be like, "Hey, you need to carry your own weight. You need to get carry your own weight. You need to get carry your own weight. You need to get off your ass and like do your thing." off your ass and like do your thing." off your ass and like do your thing." Because I believe that's the best for Because I believe that's the best for Because I believe that's the best for the individual soul. And I think when the individual soul. And I think when the individual soul. And I think when everybody does that, when everybody's everybody does that, when everybody's everybody does that, when everybody's like, I want to carry as much weight as like, I want to carry as much weight as like, I want to carry as much weight as I can. I want to get as strong as I can I can. I want to get as strong as I can I can. I want to get as strong as I can while still loving my fellow man, while while still loving my fellow man, while while still loving my fellow man, while still looking out for the tribe, all of still looking out for the tribe, all of still looking out for the tribe, all of that. That tends to be the contribution that. That tends to be the contribution that. That tends to be the contribution I'm going to make to the group. If you I'm going to make to the group. If you I'm going to make to the group. If you want to know where I am politically, I want to know where I am politically, I want to know where I am politically, I am not a Republican, nor am I a am not a Republican, nor am I a am not a Republican, nor am I a Democrat. I am cause and effect. I'm a Democrat. I am cause and effect. I'm a Democrat. I am cause and effect. I'm a cause effectarian. So, whatever the [ __ ] cause effectarian. So, whatever the [ __ ] cause effectarian. So, whatever the [ __ ] that is, I'm going to go for whoever. If that is, I'm going to go for whoever. If that is, I'm going to go for whoever. If a communist rocks up and is like, "Let a communist rocks up and is like, "Let a communist rocks up and is like, "Let me tell you how the economy works and me tell you how the economy works and me tell you how the economy works and we're just gonna [ __ ] do that, but we're just gonna [ __ ] do that, but we're just gonna [ __ ] do that, but they want to use the word communist, they want to use the word communist, they want to use the word communist, whatever." If they're going off cause whatever." If they're going off cause whatever." If they're going off cause and effect and their policies are the and effect and their policies are the and effect and their policies are the thing that are going to make people's thing that are going to make people's thing that are going to make people's lives better, I'm here for that. You lives better, I'm here for that. You lives better, I'm here for that. You guys have heard me say over and over and guys have heard me say over and over and guys have heard me say over and over and over. My [ __ ] focus is a thriving over. My [ __ ] focus is a thriving over. My [ __ ] focus is a thriving middle class. I'm not in the middle middle class. I'm not in the middle middle class. I'm not in the middle class. So, the reason that I bang the class. So, the reason that I bang the class. So, the reason that I bang the drum for the middle class as hard as I drum for the middle class as hard as I drum for the middle class as hard as I do is that is what is good for all of do is that is what is good for all of do is that is what is good for all of us. I don't think anybody, even though us. I don't think anybody, even though us. I don't think anybody, even though some people may think they do, I don't some people may think they do, I don't some people may think they do, I don't think anybody wants to be in an ivory think anybody wants to be in an ivory think anybody wants to be in an ivory tower when the people at the bottom are tower when the people at the bottom are tower when the people at the bottom are trying to knock the [ __ ] ivory tower trying to knock the [ __ ] ivory tower trying to knock the [ __ ] ivory tower down. I think every g great leader in down. I think every g great leader in down. I think every g great leader in history, including Genghask Khan, history, including Genghask Khan, history, including Genghask Khan, realized that you've got to like make realized that you've got to like make realized that you've got to like make sure that everybody's feeling good sure that everybody's feeling good sure that everybody's feeling good because if the average person isn't because if the average person isn't because if the average person isn't feeling good, you're going to find feeling good, you're going to find feeling good, you're going to find yourself dying by Molotov cocktail. So, yourself dying by Molotov cocktail. So, yourself dying by Molotov cocktail. So, I don't know what the [ __ ] people think I don't know what the [ __ ] people think I don't know what the [ __ ] people think comes on the other side of that. So, I comes on the other side of that. So, I comes on the other side of that. So, I don't give a [ __ ] about political don't give a [ __ ] about political don't give a [ __ ] about political parties. I care about cause and [ __ ] parties. I care about cause and [ __ ] parties. I care about cause and [ __ ] effect. And I don't know how many times effect. And I don't know how many times effect. And I don't know how many times I have to say that. So, if I'm going to I have to say that. So, if I'm going to I have to say that. So, if I'm going to vote for someone in every election, vote for someone in every election, vote for someone in every election, let's be very clear. I'm not going to do let's be very clear. I'm not going to do let's be very clear. I'm not going to do protest votes. I'm going to vote for the protest votes. I'm going to vote for the protest votes. I'm going to vote for the person who I think can actually win and person who I think can actually win and person who I think can actually win and who will do the least amount of damage who will do the least amount of damage who will do the least amount of damage if I'm f forced to think between those if I'm f forced to think between those if I'm f forced to think between those two options. or hopefully, praise Jesus, two options. or hopefully, praise Jesus, two options. or hopefully, praise Jesus, we have somebody that we actually have we have somebody that we actually have we have somebody that we actually have reason to believe is going to do reason to believe is going to do reason to believe is going to do something awesome. And if people confuse something awesome. And if people confuse something awesome. And if people confuse that for me being a team player, they're that for me being a team player, they're that for me being a team player, they're going to be routinely confused. going to be routinely confused. going to be routinely confused. Lisa Contraas says, "I love the master Lisa Contraas says, "I love the master Lisa Contraas says, "I love the master class. Both of you debating a highly class. Both of you debating a highly class. Both of you debating a highly emotional topic with self-awareness, emotional topic with self-awareness, emotional topic with self-awareness, respect, and civility. It is such a hard respect, and civility. It is such a hard respect, and civility. It is such a hard thing to do. This is why the show is so thing to do. This is why the show is so thing to do. This is why the show is so valuable to me. Love you both." valuable to me. Love you both." valuable to me. Love you both." >> Thank you. That's very kind. Uh, all the >> Thank you. That's very kind. Uh, all the >> Thank you. That's very kind. Uh, all the flowers in the world for Drew. He got flowers in the world for Drew. He got flowers in the world for Drew. He got drugged into this. drugged into this. drugged into this. >> All the flowers for Tom. Look at this >> All the flowers for Tom. Look at this >> All the flowers for Tom. Look at this guy. Come everybody. I do not love a guy. Come everybody. I do not love a guy. Come everybody. I do not love a faith like that. Come on. faith like that. Come on. faith like that. Come on. >> It's true. [laughter] >> It's true. [laughter] >> It's true. [laughter] >> It's true. It's true. I want you to >> It's true. It's true. I want you to >> It's true. It's true. I want you to think about his job description had think about his job description had think about his job description had nothing to do with being on camera and nothing to do with being on camera and nothing to do with being on camera and taking the slings and arrows that come taking the slings and arrows that come taking the slings and arrows that come with it. So, shout out to my man. with it. So, shout out to my man. with it. So, shout out to my man. >> Alien in my beverage says, "Tom, >> Alien in my beverage says, "Tom, >> Alien in my beverage says, "Tom, consider whether both sidesism is your consider whether both sidesism is your consider whether both sidesism is your temptation for first approximations. temptation for first approximations. temptation for first approximations. Trump getting benefit of the doubt, Trump getting benefit of the doubt, Trump getting benefit of the doubt, leftists less so, and until they are leftists less so, and until they are leftists less so, and until they are assumed equal problems as the basis for assumed equal problems as the basis for assumed equal problems as the basis for further approximation, economy then further approximation, economy then further approximation, economy then tiebreaker. if people um ever see me do tiebreaker. if people um ever see me do tiebreaker. if people um ever see me do something that is lacking cause and something that is lacking cause and something that is lacking cause and effect or something that I'm unaware of. effect or something that I'm unaware of. effect or something that I'm unaware of. So, for instance, Mom Donnie is uh I So, for instance, Mom Donnie is uh I So, for instance, Mom Donnie is uh I know that I get it's it's almost a like know that I get it's it's almost a like know that I get it's it's almost a like variant of porn for me where I know, oh variant of porn for me where I know, oh variant of porn for me where I know, oh my god, I'm going to get so outraged by my god, I'm going to get so outraged by my god, I'm going to get so outraged by this and I like rub my hands together this and I like rub my hands together this and I like rub my hands together and I'm ready to go. Uh and so I know and I'm ready to go. Uh and so I know and I'm ready to go. Uh and so I know I'm at my most at risk when I'm talking I'm at my most at risk when I'm talking I'm at my most at risk when I'm talking about that. Um, so I try to be my most about that. Um, so I try to be my most about that. Um, so I try to be my most cleareyed. I try to find the things that cleareyed. I try to find the things that cleareyed. I try to find the things that he's doing well. I try to find out, he's doing well. I try to find out, he's doing well. I try to find out, okay, if there's cause and effect here. okay, if there's cause and effect here. okay, if there's cause and effect here. Um, so if I'm not mapping things by Um, so if I'm not mapping things by Um, so if I'm not mapping things by cause and effect, definitely call me cause and effect, definitely call me cause and effect, definitely call me out. If I'm not able to explain why I out. If I'm not able to explain why I out. If I'm not able to explain why I think the way that I think, call me out. think the way that I think, call me out. think the way that I think, call me out. Um, but having a Um, but having a Um, but having a taking the time to map out what I think taking the time to map out what I think taking the time to map out what I think is happening on both sides does not is happening on both sides does not is happening on both sides does not strike me as silly or dumb. That feels strike me as silly or dumb. That feels strike me as silly or dumb. That feels like the right approach. I don't like the right approach. I don't like the right approach. I don't understand the both sides thing. If both understand the both sides thing. If both understand the both sides thing. If both sides really are making a mistake, then sides really are making a mistake, then sides really are making a mistake, then you should say both sides are making a you should say both sides are making a you should say both sides are making a mistake. If one side has a vision of the mistake. If one side has a vision of the mistake. If one side has a vision of the future that is fundamentally future that is fundamentally future that is fundamentally um impossible, I'm going to say that. So um impossible, I'm going to say that. So um impossible, I'm going to say that. So >> alien alien in my beverage again says >> alien alien in my beverage again says >> alien alien in my beverage again says Drew consider whether your first Drew consider whether your first Drew consider whether your first approximation is about making sure good approximation is about making sure good approximation is about making sure good intention is pragmatically salvageable intention is pragmatically salvageable intention is pragmatically salvageable creating productive tension with outcome creating productive tension with outcome creating productive tension with outcome first intention second disposition first intention second disposition first intention second disposition policy is then third wheel and combo. policy is then third wheel and combo. policy is then third wheel and combo. >> That's a very good uh assumption of my >> That's a very good uh assumption of my >> That's a very good uh assumption of my blind spot. I appreciate that and I look blind spot. I appreciate that and I look blind spot. I appreciate that and I look into it because I do think of intention into it because I do think of intention into it because I do think of intention then I think of policy and I think that then I think of policy and I think that then I think of policy and I think that those two things in his measure is very those two things in his measure is very those two things in his measure is very true that sometimes intention is true that sometimes intention is true that sometimes intention is executed but the policy has disastrous executed but the policy has disastrous executed but the policy has disastrous results and I always assume that they'll results and I always assume that they'll results and I always assume that they'll come with a policy that executes that come with a policy that executes that come with a policy that executes that exact intention and they thought about exact intention and they thought about exact intention and they thought about the preserver preserve perverse the preserver preserve perverse the preserver preserve perverse incentives that are tied to that policy. incentives that are tied to that policy. incentives that are tied to that policy. DK the sage says look at how much tax DK the sage says look at how much tax DK the sage says look at how much tax money California dumps into solving the money California dumps into solving the money California dumps into solving the homeless problem that has only gotten homeless problem that has only gotten homeless problem that has only gotten worse. The K-shaped economy is a worse. The K-shaped economy is a worse. The K-shaped economy is a feature, not a bug. Keyians love the feature, not a bug. Keyians love the feature, not a bug. Keyians love the economy as it is and as it is and have economy as it is and as it is and have economy as it is and as it is and have no interest in balancing the budget. no interest in balancing the budget. no interest in balancing the budget. >> Yeah, correct. I don't think that >> Yeah, correct. I don't think that >> Yeah, correct. I don't think that California is making any attempt to California is making any attempt to California is making any attempt to solve the homeless crisis. Just to be solve the homeless crisis. Just to be solve the homeless crisis. Just to be very clear. very clear. very clear. >> Yeah. And there's another super chat >> Yeah. And there's another super chat >> Yeah. And there's another super chat that said New York and California are that said New York and California are that said New York and California are running these policies and it's to this running these policies and it's to this running these policies and it's to this point too. It's that is not the uh point too. It's that is not the uh point too. It's that is not the uh outcome that I think anybody wants and outcome that I think anybody wants and outcome that I think anybody wants and there is a problem there. Brutus Lugo there is a problem there. Brutus Lugo there is a problem there. Brutus Lugo says, "Tom, whenever you invoke the says, "Tom, whenever you invoke the says, "Tom, whenever you invoke the laugher curve, you assume that we have laugher curve, you assume that we have laugher curve, you assume that we have to reach the peak at which taxing more to reach the peak at which taxing more to reach the peak at which taxing more will result in less returns. Why do you will result in less returns. Why do you will result in less returns. Why do you do this?" do this?" do this?" >> Uh because the way that people are >> Uh because the way that people are >> Uh because the way that people are putting forward tax policy right now putting forward tax policy right now putting forward tax policy right now without first talking about balancing without first talking about balancing without first talking about balancing the budget is so stupid uh that I want the budget is so stupid uh that I want the budget is so stupid uh that I want to remind everybody that you're not to remind everybody that you're not to remind everybody that you're not going to tax your way out of this going to tax your way out of this going to tax your way out of this problem. So, have we reached the perfect problem. So, have we reached the perfect problem. So, have we reached the perfect level of tax? No, we have not. Um, but level of tax? No, we have not. Um, but level of tax? No, we have not. Um, but if you're in surgery and let's say that if you're in surgery and let's say that if you're in surgery and let's say that you have gang green at the foot and the you have gang green at the foot and the you have gang green at the foot and the doctor's like, "Let's just cut him off doctor's like, "Let's just cut him off doctor's like, "Let's just cut him off at the waist." I would hope somebody at the waist." I would hope somebody at the waist." I would hope somebody would go, "This guy's a [ __ ] lunatic. would go, "This guy's a [ __ ] lunatic. would go, "This guy's a [ __ ] lunatic. I don't even want to hear any more about I don't even want to hear any more about I don't even want to hear any more about cutting more, cutting more, cutting cutting more, cutting more, cutting cutting more, cutting more, cutting more." Uh, let's actually understand why more." Uh, let's actually understand why more." Uh, let's actually understand why the [ __ ] we amputate a foot when we the [ __ ] we amputate a foot when we the [ __ ] we amputate a foot when we amputate it. What's going on? So, I have amputate it. What's going on? So, I have amputate it. What's going on? So, I have said a thousand [ __ ] times, Brutus, said a thousand [ __ ] times, Brutus, said a thousand [ __ ] times, Brutus, and you've heard me say a thousand and you've heard me say a thousand and you've heard me say a thousand times, the only way out of this is a times, the only way out of this is a times, the only way out of this is a beautiful deleveraging, which includes beautiful deleveraging, which includes beautiful deleveraging, which includes increasing taxes. So, of course, that's increasing taxes. So, of course, that's increasing taxes. So, of course, that's on the table. But we can't even get to on the table. But we can't even get to on the table. But we can't even get to that [ __ ] point because people are at that [ __ ] point because people are at that [ __ ] point because people are at a stage right now where they are so a stage right now where they are so a stage right now where they are so wrong about the nature of the problem wrong about the nature of the problem wrong about the nature of the problem that they're just putting forward that they're just putting forward that they're just putting forward ridiculous proposals. But if you want me ridiculous proposals. But if you want me ridiculous proposals. But if you want me to say every single time, beautiful to say every single time, beautiful to say every single time, beautiful deleveraging, I will try to remember. deleveraging, I will try to remember. deleveraging, I will try to remember. >> And the last super chat is a $50 one >> And the last super chat is a $50 one >> And the last super chat is a $50 one from Tyler Gilb. from Tyler Gilb. from Tyler Gilb. >> Hey, thank you. Thank you for $50 super >> Hey, thank you. Thank you for $50 super >> Hey, thank you. Thank you for $50 super chat. Appreciate the generosity. chat. Appreciate the generosity. chat. Appreciate the generosity. >> Says, "Tom, the product I want to try >> Says, "Tom, the product I want to try >> Says, "Tom, the product I want to try and solve it, the product I want to try and solve it, the product I want to try and solve it, the product I want to try and solve. Uh, no, I will have to and solve. Uh, no, I will have to and solve. Uh, no, I will have to competition sooner or later with competition sooner or later with competition sooner or later with business and people on Elon's level. How business and people on Elon's level. How business and people on Elon's level. How do you suggest I go about making my do you suggest I go about making my do you suggest I go about making my business successful enough to be able to business successful enough to be able to business successful enough to be able to compete? I'm starting out from scratch. compete? I'm starting out from scratch. compete? I'm starting out from scratch. >> Okay. So, making uh the phrase that I've >> Okay. So, making uh the phrase that I've >> Okay. So, making uh the phrase that I've always used in my own mind is there's always used in my own mind is there's always used in my own mind is there's always room for the best. So, you've always room for the best. So, you've always room for the best. So, you've really got to solve your product. Your really got to solve your product. Your really got to solve your product. Your you've got to solve the problem that you've got to solve the problem that you've got to solve the problem that your product is designed to solve better your product is designed to solve better your product is designed to solve better than anybody else. And if you can't do than anybody else. And if you can't do than anybody else. And if you can't do that, then you're going to be in that, then you're going to be in that, then you're going to be in trouble. This is one of those things. trouble. This is one of those things. trouble. This is one of those things. understanding business principles, being understanding business principles, being understanding business principles, being a good person, being good at social a good person, being good at social a good person, being good at social media, none of those things actually media, none of those things actually media, none of those things actually will make for a good business if you will make for a good business if you will make for a good business if you don't have product market fit where the don't have product market fit where the don't have product market fit where the audience immediately recognizes this audience immediately recognizes this audience immediately recognizes this thing is better. If you actually solve thing is better. If you actually solve thing is better. If you actually solve the problem in a way that is obviously the problem in a way that is obviously the problem in a way that is obviously better and it is a burning problem that better and it is a burning problem that better and it is a burning problem that people really want solved, then they'll people really want solved, then they'll people really want solved, then they'll go way out of their way to get your go way out of their way to get your go way out of their way to get your product. You just have to really make product. You just have to really make product. You just have to really make sure that this is an innovation. I would sure that this is an innovation. I would sure that this is an innovation. I would focus there. And by the way, if you focus there. And by the way, if you focus there. And by the way, if you really have an innovation, you'll be really have an innovation, you'll be really have an innovation, you'll be able to raise capital if that's what you able to raise capital if that's what you able to raise capital if that's what you have to do to take on some bigger foes have to do to take on some bigger foes have to do to take on some bigger foes who might play some funny business to who might play some funny business to who might play some funny business to try to keep you out. Um, so yes, that is try to keep you out. Um, so yes, that is try to keep you out. Um, so yes, that is a very speedrunny answer, but true. a very speedrunny answer, but true. a very speedrunny answer, but true. >> Is there something to that though? Like >> Is there something to that though? Like >> Is there something to that though? Like if I have a really great idea for a EV if I have a really great idea for a EV if I have a really great idea for a EV innovation, but I know that my innovation, but I know that my innovation, but I know that my competitor is going to be BYD and Tesla, competitor is going to be BYD and Tesla, competitor is going to be BYD and Tesla, do I then try to pivot and create do I then try to pivot and create do I then try to pivot and create licensing? Like how do you recommend licensing? Like how do you recommend licensing? Like how do you recommend like I want to play in this place but I like I want to play in this place but I like I want to play in this place but I know there's going to be big boys in know there's going to be big boys in know there's going to be big boys in that. that. that. >> You have to raise a ton of capital. So >> You have to raise a ton of capital. So >> You have to raise a ton of capital. So you'd have to go to somebody show them you'd have to go to somebody show them you'd have to go to somebody show them that you don't have an idea. You have that you don't have an idea. You have that you don't have an idea. You have like this thing is executed to a level like this thing is executed to a level like this thing is executed to a level where it's like okay that [ __ ] is real. where it's like okay that [ __ ] is real. where it's like okay that [ __ ] is real. Whether it's building a prototype like Whether it's building a prototype like Whether it's building a prototype like let's say you built the flux capacitor let's say you built the flux capacitor let's say you built the flux capacitor and you're like this will create time and you're like this will create time and you're like this will create time travel but I don't have the money to travel but I don't have the money to travel but I don't have the money to build the Delorean. build the Delorean. build the Delorean. >> So I'm going to show you the proof as to >> So I'm going to show you the proof as to >> So I'm going to show you the proof as to why I believe that this works. and then why I believe that this works. and then why I believe that this works. and then I only need to raise this much money and I only need to raise this much money and I only need to raise this much money and then it will either work or it won't. then it will either work or it won't. then it will either work or it won't. And if it works, we've got something And if it works, we've got something And if it works, we've got something massive and if we don't, we don't. And massive and if we don't, we don't. And massive and if we don't, we don't. And if you understand it well enough and you if you understand it well enough and you if you understand it well enough and you can convince people, they're going to can convince people, they're going to can convince people, they're going to give you that seed money to see if you give you that seed money to see if you give you that seed money to see if you can pull this off. But there are times can pull this off. But there are times can pull this off. But there are times where capital is the only way forward where capital is the only way forward where capital is the only way forward where the thing you're trying to do where the thing you're trying to do where the thing you're trying to do requires so much capital, requires so much capital, requires so much capital, >> you just have to embrace it. Like if you >> you just have to embrace it. Like if you >> you just have to embrace it. Like if you want to do, just to make it about gaming want to do, just to make it about gaming want to do, just to make it about gaming for a second, if you want to do an MMO, for a second, if you want to do an MMO, for a second, if you want to do an MMO, you're going to have to raise capital. you're going to have to raise capital. you're going to have to raise capital. you you just MMOs require too much you you just MMOs require too much you you just MMOs require too much ongoing maintenance of the servers on ongoing maintenance of the servers on ongoing maintenance of the servers on the back end. This is why MMOs just fail the back end. This is why MMOs just fail the back end. This is why MMOs just fail so routinely is they spend all their so routinely is they spend all their so routinely is they spend all their money developing the game. They can't money developing the game. They can't money developing the game. They can't get it all the way across the finish get it all the way across the finish get it all the way across the finish line. There's not enough players in the line. There's not enough players in the line. There's not enough players in the beginning because you're going to need a beginning because you're going to need a beginning because you're going to need a year, two years, three years like post year, two years, three years like post year, two years, three years like post like early launch to support the [ __ ] like early launch to support the [ __ ] like early launch to support the [ __ ] out of that uh to make it good to out of that uh to make it good to out of that uh to make it good to address the concerns and all that, but address the concerns and all that, but address the concerns and all that, but the server costs are so expensive. the server costs are so expensive. the server costs are so expensive. There's just no way to bootstrap it. There's just no way to bootstrap it. There's just no way to bootstrap it. >> Gotcha. It's a good point. >> Gotcha. It's a good point. >> Gotcha. It's a good point. >> And that's it for super chats. >> And that's it for super chats. >> And that's it for super chats. >> Nice. Uh, all right. Yeah, that's all we >> Nice. Uh, all right. Yeah, that's all we >> Nice. Uh, all right. Yeah, that's all we got. got. got. >> All right. We, man, I did not think that >> All right. We, man, I did not think that >> All right. We, man, I did not think that we were going to be uh at almost 10 we were going to be uh at almost 10 we were going to be uh at almost 10 minutes over by the time that I got to minutes over by the time that I got to minutes over by the time that I got to say this, but I am going to be offline say this, but I am going to be offline say this, but I am going to be offline for the next almost two weeks. Uh, so we for the next almost two weeks. Uh, so we for the next almost two weeks. Uh, so we will not have any lives. This makes me will not have any lives. This makes me will not have any lives. This makes me very sad. We will have, yes, we will very sad. We will have, yes, we will very sad. We will have, yes, we will have plenty of content for you guys, but have plenty of content for you guys, but have plenty of content for you guys, but we won't be going live. Uh, so we won't we won't be going live. Uh, so we won't we won't be going live. Uh, so we won't go live Wednesday, Friday of this week go live Wednesday, Friday of this week go live Wednesday, Friday of this week or Monday, Wednesday, Friday of the or Monday, Wednesday, Friday of the or Monday, Wednesday, Friday of the following week. Then we'll be back in following week. Then we'll be back in following week. Then we'll be back in full force. So, uh, it's a once- full force. So, uh, it's a once- full force. So, uh, it's a once- ina-lifetime opportunity for me that I'm ina-lifetime opportunity for me that I'm ina-lifetime opportunity for me that I'm going to be taking advantage of. Um, I going to be taking advantage of. Um, I going to be taking advantage of. Um, I apologize and appreciate everybody's apologize and appreciate everybody's apologize and appreciate everybody's understanding, and I hope to see you understanding, and I hope to see you understanding, and I hope to see you guys all back when we get back at it. guys all back when we get back at it. guys all back when we get back at it. And thank you, by the way. I know And thank you, by the way. I know And thank you, by the way. I know today's show, um, was unusual in terms today's show, um, was unusual in terms today's show, um, was unusual in terms of the format, but um, I actually think of the format, but um, I actually think of the format, but um, I actually think that that is us at our best. Uh, so I that that is us at our best. Uh, so I that that is us at our best. Uh, so I really, really appreciate you guys. And really, really appreciate you guys. And really, really appreciate you guys. And one more shout out, Drew. Thank you so one more shout out, Drew. Thank you so one more shout out, Drew. Thank you so much for being a sparring debate partner much for being a sparring debate partner much for being a sparring debate partner that problem my thinking. It's much much that problem my thinking. It's much much that problem my thinking. It's much much much appreciated. May you all have much appreciated. May you all have much appreciated. May you all have somebody in your life that um wants good somebody in your life that um wants good somebody in your life that um wants good things for you uh and is willing and things for you uh and is willing and things for you uh and is willing and able to challenge your ideas. It is able to challenge your ideas. It is able to challenge your ideas. It is extraordinary. So uh love you guys all extraordinary. So uh love you guys all extraordinary. So uh love you guys all bunches. Have a wonderful time and I bunches. Have a wonderful time and I bunches. Have a wonderful time and I will see you when we get back later. will see you when we get back later. will see you when we get back later. Peace. Peace. Peace. >> Another one. [laughter] What?