The Truth Finally Slipped Out in 2025 — This Is How Power Really Works

What's up, guys? To wrap up one of the What's up, guys? To wrap up one of the best years yet, I have put together some best years yet, I have put together some best years yet, I have put together some of the most incredible advice that we of the most incredible advice that we of the most incredible advice that we heard on Impact Theory this year. Hope heard on Impact Theory this year. Hope heard on Impact Theory this year. Hope you guys have a great holiday season and you guys have a great holiday season and you guys have a great holiday season and I will see you next year. Till then, be I will see you next year. Till then, be I will see you next year. Till then, be legendary. Take care. Peace. Do you legendary. Take care. Peace. Do you legendary. Take care. Peace. Do you think that Trump is um somebody who has think that Trump is um somebody who has think that Trump is um somebody who has the elite view of like, hey, the right the elite view of like, hey, the right the elite view of like, hey, the right people are in power. Let's make these people are in power. Let's make these people are in power. Let's make these decisions for everybody else. or do you decisions for everybody else. or do you decisions for everybody else. or do you believe that he actually sits outside of believe that he actually sits outside of believe that he actually sits outside of that system and is actually trying to that system and is actually trying to that system and is actually trying to help the everyday person uh in the way help the everyday person uh in the way help the everyday person uh in the way that he presented himself while he was that he presented himself while he was that he presented himself while he was campaigning? campaigning? campaigning? >> Yeah. So, as far as my perspective on >> Yeah. So, as far as my perspective on >> Yeah. So, as far as my perspective on Trump goes, it tends to do with the view Trump goes, it tends to do with the view Trump goes, it tends to do with the view it tends to uh revolve around the view it tends to uh revolve around the view it tends to uh revolve around the view that he is a businessman at heart and that he is a businessman at heart and that he is a businessman at heart and that the focus of his um political that the focus of his um political that the focus of his um political style I guess is deal making. Um, and style I guess is deal making. Um, and style I guess is deal making. Um, and you know, I wrote a lot um in my book you know, I wrote a lot um in my book you know, I wrote a lot um in my book about uh Trump's mentor uh Roy Conn, who about uh Trump's mentor uh Roy Conn, who about uh Trump's mentor uh Roy Conn, who was um among other other things, the was um among other other things, the was um among other other things, the general counsel to McCarthy uh during general counsel to McCarthy uh during general counsel to McCarthy uh during the McCarthy hearings. He was also, you the McCarthy hearings. He was also, you the McCarthy hearings. He was also, you know, a New York City lawyer uh that know, a New York City lawyer uh that know, a New York City lawyer uh that represented a lot of unsavory figures, represented a lot of unsavory figures, represented a lot of unsavory figures, including some uh tied to organized including some uh tied to organized including some uh tied to organized crime, and also had the ear of Ronald crime, and also had the ear of Ronald crime, and also had the ear of Ronald Reagan and top politicians in the United Reagan and top politicians in the United Reagan and top politicians in the United States and sort of bridged um a variety States and sort of bridged um a variety States and sort of bridged um a variety of worlds. and he uh very much uh of worlds. and he uh very much uh of worlds. and he uh very much uh essentially taught Trump the art of the essentially taught Trump the art of the essentially taught Trump the art of the deal as it were. And you know a lot of deal as it were. And you know a lot of deal as it were. And you know a lot of his close cones close associates uh like his close cones close associates uh like his close cones close associates uh like the Pope family for example uh were very the Pope family for example uh were very the Pope family for example uh were very politically connected also connected to politically connected also connected to politically connected also connected to organized crime arguably um but were organized crime arguably um but were organized crime arguably um but were very much in the business of uh making very much in the business of uh making very much in the business of uh making backroom deals uh and that that's how backroom deals uh and that that's how backroom deals uh and that that's how you know power political power in the you know power political power in the you know power political power in the United States functions. Um and so you United States functions. Um and so you United States functions. Um and so you know fundamentally I think uh a lot of know fundamentally I think uh a lot of know fundamentally I think uh a lot of what um Trump likes to focus on and what um Trump likes to focus on and what um Trump likes to focus on and promote about his political style is um promote about his political style is um promote about his political style is um around negotiations whether those are around negotiations whether those are around negotiations whether those are diplomatic negotiations or negotiations diplomatic negotiations or negotiations diplomatic negotiations or negotiations with businessmen that lead to uh big with businessmen that lead to uh big with businessmen that lead to uh big number investments he can tout uh to the number investments he can tout uh to the number investments he can tout uh to the public which is you know I think part of public which is you know I think part of public which is you know I think part of the impetus behind his uh having the the impetus behind his uh having the the impetus behind his uh having the project Stargate press conference you project Stargate press conference you project Stargate press conference you know at the White House on his first know at the White House on his first know at the White House on his first full full full um you know at at his second term. And I um you know at at his second term. And I um you know at at his second term. And I think that was all that's also kind of think that was all that's also kind of think that was all that's also kind of consistent with what we saw from Trump consistent with what we saw from Trump consistent with what we saw from Trump during his first term um as well. So during his first term um as well. So during his first term um as well. So when you're sort of focused on those when you're sort of focused on those when you're sort of focused on those metrics, I don't necessarily think um metrics, I don't necessarily think um metrics, I don't necessarily think um that the focus is necessarily on how do that the focus is necessarily on how do that the focus is necessarily on how do I help uh how do I help everyday Joe? Um I help uh how do I help everyday Joe? Um I help uh how do I help everyday Joe? Um I'm sure that you know in his mind well I'm sure that you know in his mind well I'm sure that you know in his mind well I don't really necessarily want to speak I don't really necessarily want to speak I don't really necessarily want to speak for him. Uh but if you're, you know, of for him. Uh but if you're, you know, of for him. Uh but if you're, you know, of the opinion that I'm going to tout this the opinion that I'm going to tout this the opinion that I'm going to tout this big multi-million dollar investment in big multi-million dollar investment in big multi-million dollar investment in US AI infrastructure for, for example, US AI infrastructure for, for example, US AI infrastructure for, for example, uh perhaps he view he views that as uh perhaps he view he views that as uh perhaps he view he views that as helpful for the American economy and helpful for the American economy and helpful for the American economy and thus helpful for the American people. thus helpful for the American people. thus helpful for the American people. And I think it is very likely that over And I think it is very likely that over And I think it is very likely that over the next four years there certainly will the next four years there certainly will the next four years there certainly will be some Americans that economically be some Americans that economically be some Americans that economically benefit uh you know from Trump's benefit uh you know from Trump's benefit uh you know from Trump's economic policy, but I don't necessarily economic policy, but I don't necessarily economic policy, but I don't necessarily think that's going to be um everybody. think that's going to be um everybody. think that's going to be um everybody. And I think you know generally um based And I think you know generally um based And I think you know generally um based on what we've seen so far there's been a on what we've seen so far there's been a on what we've seen so far there's been a lot of courting um of big tech lot of courting um of big tech lot of courting um of big tech executives and and a lot of talk about executives and and a lot of talk about executives and and a lot of talk about making the US the AI and crypto capital making the US the AI and crypto capital making the US the AI and crypto capital um of the world. Um and how much of that um of the world. Um and how much of that um of the world. Um and how much of that is necessarily going to translate or is necessarily going to translate or is necessarily going to translate or trickle down to sort of refer to you trickle down to sort of refer to you trickle down to sort of refer to you know reanite econ economic terms um you know reanite econ economic terms um you know reanite econ economic terms um you know to the everyday American public. Um know to the everyday American public. Um know to the everyday American public. Um it's really hard to know. Uh but again, it's really hard to know. Uh but again, it's really hard to know. Uh but again, you know, I just want to go back to you know, I just want to go back to you know, I just want to go back to someone like Eric Schmidt, for example, someone like Eric Schmidt, for example, someone like Eric Schmidt, for example, who as I noted earlier had sort of an who as I noted earlier had sort of an who as I noted earlier had sort of an outsized role in developing the AI outsized role in developing the AI outsized role in developing the AI policy of the military intelligence policy of the military intelligence policy of the military intelligence community. Uh he wrote a book called The community. Uh he wrote a book called The community. Uh he wrote a book called The Age of AI with a with Henry Kissinger Age of AI with a with Henry Kissinger Age of AI with a with Henry Kissinger and also I believe a professor from MIT and also I believe a professor from MIT and also I believe a professor from MIT who I'm sorry his name escapes me um at who I'm sorry his name escapes me um at who I'm sorry his name escapes me um at the moment, but basically that book the moment, but basically that book the moment, but basically that book posited that essentially AI is going to posited that essentially AI is going to posited that essentially AI is going to make a two-tiered society. There's going make a two-tiered society. There's going make a two-tiered society. There's going to be the top tier of people who develop to be the top tier of people who develop to be the top tier of people who develop and maintain AI and set and determine and maintain AI and set and determine and maintain AI and set and determine what its objective functions are and what its objective functions are and what its objective functions are and then sort of a a second class who uh then sort of a a second class who uh then sort of a a second class who uh which we would assume is larger than the which we would assume is larger than the which we would assume is larger than the first class. So they don't explicitly first class. So they don't explicitly first class. So they don't explicitly say that uh but who AI acts upon and say that uh but who AI acts upon and say that uh but who AI acts upon and eventually that that group uh will lose eventually that that group uh will lose eventually that that group uh will lose the ability to un to understand and the ability to un to understand and the ability to un to understand and really be able to conceive of um how how really be able to conceive of um how how really be able to conceive of um how how AI is impicting their uh impacting their AI is impicting their uh impacting their AI is impicting their uh impacting their lives and will develop some sort of lives and will develop some sort of lives and will develop some sort of dependency on AI for things like dependency on AI for things like dependency on AI for things like decision-m sort of leading uh to this decision-m sort of leading uh to this decision-m sort of leading uh to this phenomena that they refer to in the book phenomena that they refer to in the book phenomena that they refer to in the book as cognitive diminishment which I sort as cognitive diminishment which I sort as cognitive diminishment which I sort of see as this idea of um you know we've of see as this idea of um you know we've of see as this idea of um you know we've all heard it before if you use it, you all heard it before if you use it, you all heard it before if you use it, you lose it. Sort of the idea of like mental lose it. Sort of the idea of like mental lose it. Sort of the idea of like mental math. You start using a calculator or a math. You start using a calculator or a math. You start using a calculator or a phone calculator or something like that phone calculator or something like that phone calculator or something like that and it becomes more difficult over time and it becomes more difficult over time and it becomes more difficult over time and eventually very difficult to be able and eventually very difficult to be able and eventually very difficult to be able to do uh mental math in your head when to do uh mental math in your head when to do uh mental math in your head when perhaps when you were in grade school it perhaps when you were in grade school it perhaps when you were in grade school it was much easier to do that because you was much easier to do that because you was much easier to do that because you were sort of you had to use that ability were sort of you had to use that ability were sort of you had to use that ability regularly. And so they sort they regularly. And so they sort they regularly. And so they sort they essentially argue that by not making essentially argue that by not making essentially argue that by not making those decisions and outsourcing that uh those decisions and outsourcing that uh those decisions and outsourcing that uh to AI, this particular class uh will to AI, this particular class uh will to AI, this particular class uh will lose the ability to make those decisions lose the ability to make those decisions lose the ability to make those decisions over time. And when you also factor in over time. And when you also factor in over time. And when you also factor in uh that there's a lot of effort to sort uh that there's a lot of effort to sort uh that there's a lot of effort to sort of outsource creativity, art and music of outsource creativity, art and music of outsource creativity, art and music to artificial intelligence. Will that to artificial intelligence. Will that to artificial intelligence. Will that have an impact on people's ability uh to have an impact on people's ability uh to have an impact on people's ability uh to create? And what sort of impact will create? And what sort of impact will create? And what sort of impact will this have on society? And you know, this have on society? And you know, this have on society? And you know, these are things that I think sort of these are things that I think sort of these are things that I think sort of get left out of the public discussion get left out of the public discussion get left out of the public discussion and I don't think they're really on and I don't think they're really on and I don't think they're really on someone like Trump's radar as a someone like Trump's radar as a someone like Trump's radar as a businessman. He's focused on sort of the businessman. He's focused on sort of the businessman. He's focused on sort of the bottom line, the number uh the success bottom line, the number uh the success bottom line, the number uh the success of the negotiation and how successful it of the negotiation and how successful it of the negotiation and how successful it it looks, frankly, whether it's to his it looks, frankly, whether it's to his it looks, frankly, whether it's to his base or to businessmen he wants to base or to businessmen he wants to base or to businessmen he wants to court, um or you know, other people, court, um or you know, other people, court, um or you know, other people, foreign leaders, you know. Um and you foreign leaders, you know. Um and you foreign leaders, you know. Um and you know, I I I I'll stop there, I guess. know, I I I I'll stop there, I guess. know, I I I I'll stop there, I guess. No, that was great. Uh, so how do you No, that was great. Uh, so how do you No, that was great. Uh, so how do you feel when you hear about AI creating feel when you hear about AI creating feel when you hear about AI creating this two-tier system? this two-tier system? this two-tier system? >> Oh, I certainly don't think that's >> Oh, I certainly don't think that's >> Oh, I certainly don't think that's positive. I think it's sort of the positive. I think it's sort of the positive. I think it's sort of the technocratic model that we discussed technocratic model that we discussed technocratic model that we discussed earlier where you sort of have an elite earlier where you sort of have an elite earlier where you sort of have an elite class that sort of set um, you know, the class that sort of set um, you know, the class that sort of set um, you know, the system that will micromanage the masses system that will micromanage the masses system that will micromanage the masses at the end of the day. I mean, they at the end of the day. I mean, they at the end of the day. I mean, they don't explicitly say that um in the don't explicitly say that um in the don't explicitly say that um in the book, but if you're familiar with book, but if you're familiar with book, but if you're familiar with someone like Henry Kissinger, for someone like Henry Kissinger, for someone like Henry Kissinger, for example, and some of his more example, and some of his more example, and some of his more controversial views um on on the masses controversial views um on on the masses controversial views um on on the masses and the public and some of his more and the public and some of his more and the public and some of his more infamous quotes, you know, I mean, uh is infamous quotes, you know, I mean, uh is infamous quotes, you know, I mean, uh is that a system that he um wants to that a system that he um wants to that a system that he um wants to happen? I don't really know. He's dead happen? I don't really know. He's dead happen? I don't really know. He's dead and so no one can ask him. But, um I and so no one can ask him. But, um I and so no one can ask him. But, um I think it is kind of disturbing um in a think it is kind of disturbing um in a think it is kind of disturbing um in a sense that sense that sense that >> some of his more infamous quotes. I I'm >> some of his more infamous quotes. I I'm >> some of his more infamous quotes. I I'm not I'm not super familiar with Kster. I not I'm not super familiar with Kster. I not I'm not super familiar with Kster. I know who he is, but I couldn't quote know who he is, but I couldn't quote know who he is, but I couldn't quote him. him. him. >> Uh, well, he created a national security >> Uh, well, he created a national security >> Uh, well, he created a national security memorandum, for example, that viewed uh memorandum, for example, that viewed uh memorandum, for example, that viewed uh people that live in the third world people that live in the third world people that live in the third world birth rates and and you know, in the birth rates and and you know, in the birth rates and and you know, in the global south as national security global south as national security global south as national security threats to the United States. Um, and threats to the United States. Um, and threats to the United States. Um, and wanted to implement policies to reduce wanted to implement policies to reduce wanted to implement policies to reduce uh their population size, uh, for uh their population size, uh, for uh their population size, uh, for example, and sort of had what I would example, and sort of had what I would example, and sort of had what I would argue was a eugenicist bent to some of argue was a eugenicist bent to some of argue was a eugenicist bent to some of his policies. Um and he was one of the his policies. Um and he was one of the his policies. Um and he was one of the mentors of course to people that have mentors of course to people that have mentors of course to people that have become infamous in recent years like the become infamous in recent years like the become infamous in recent years like the World Economic Forum chairman Klaus World Economic Forum chairman Klaus World Economic Forum chairman Klaus Schwab. Um and um you know some of his Schwab. Um and um you know some of his Schwab. Um and um you know some of his more infamous quotes that he's known for more infamous quotes that he's known for more infamous quotes that he's known for refer to you know soldiers uh being you refer to you know soldiers uh being you refer to you know soldiers uh being you know pawns of foreign policy essentially know pawns of foreign policy essentially know pawns of foreign policy essentially sort of like you know people's lives are sort of like you know people's lives are sort of like you know people's lives are just you know pawns on a chessboard for just you know pawns on a chessboard for just you know pawns on a chessboard for the sort of the elite figures to move the sort of the elite figures to move the sort of the elite figures to move around you know for for their benefit. around you know for for their benefit. around you know for for their benefit. That's sort of the mentality as I see That's sort of the mentality as I see That's sort of the mentality as I see it. um uh of someone like him, but it. um uh of someone like him, but it. um uh of someone like him, but obviously he's been, you know, praised obviously he's been, you know, praised obviously he's been, you know, praised as a model statesman and all of this as a model statesman and all of this as a model statesman and all of this stuff and has uh mentored Trump in his stuff and has uh mentored Trump in his stuff and has uh mentored Trump in his first administration, mentored Hillary first administration, mentored Hillary first administration, mentored Hillary Clinton, you know, people on both sides Clinton, you know, people on both sides Clinton, you know, people on both sides of the aisle. Um, and but I personally, of the aisle. Um, and but I personally, of the aisle. Um, and but I personally, um, you know, I think the more you look um, you know, I think the more you look um, you know, I think the more you look into someone like that and his into someone like that and his into someone like that and his connections with sort of dubious connections with sort of dubious connections with sort of dubious oligarchs like David Rockefeller going, oligarchs like David Rockefeller going, oligarchs like David Rockefeller going, you know, significantly back in time, you know, significantly back in time, you know, significantly back in time, um, you know, he's sort of someone that, um, you know, he's sort of someone that, um, you know, he's sort of someone that, uh, promotes this idea of of a global uh, promotes this idea of of a global uh, promotes this idea of of a global technocracy. technocracy. technocracy. >> Okay. So, do you have the impulse to >> Okay. So, do you have the impulse to >> Okay. So, do you have the impulse to want to see AI slow down or stop? want to see AI slow down or stop? want to see AI slow down or stop? Well, I don't necessarily want to say Well, I don't necessarily want to say Well, I don't necessarily want to say that I'm like a lite and we we should that I'm like a lite and we we should that I'm like a lite and we we should all go back uh to the stone age or all go back uh to the stone age or all go back uh to the stone age or things like this, but I think uh there things like this, but I think uh there things like this, but I think uh there needs to be like an actual public needs to be like an actual public needs to be like an actual public discussion on this, particularly on the discussion on this, particularly on the discussion on this, particularly on the fact that our outofc control national fact that our outofc control national fact that our outofc control national security state um and Silicon Valley are security state um and Silicon Valley are security state um and Silicon Valley are have essentially been fusing over the have essentially been fusing over the have essentially been fusing over the past few decades and what necessarily past few decades and what necessarily past few decades and what necessarily that means um because a lot of people be that means um because a lot of people be that means um because a lot of people be you know will say stuff well it's AI and you know will say stuff well it's AI and you know will say stuff well it's AI and the private sector but when that private the private sector but when that private the private sector but when that private sector company has multi-million dollars sector company has multi-million dollars sector company has multi-million dollars there's conflicts of interest with the there's conflicts of interest with the there's conflicts of interest with the national security state. I think that national security state. I think that national security state. I think that should um you know be part of the should um you know be part of the should um you know be part of the discussion uh necessarily and I think discussion uh necessarily and I think discussion uh necessarily and I think also there needs to be a way to sort of also there needs to be a way to sort of also there needs to be a way to sort of know um whether some of these algorithms know um whether some of these algorithms know um whether some of these algorithms are hyped or whether what the company are hyped or whether what the company are hyped or whether what the company says their accuracy is for example is says their accuracy is for example is says their accuracy is for example is actually accurate uh before uh decisions actually accurate uh before uh decisions actually accurate uh before uh decisions are made to outsource major are made to outsource major are made to outsource major decision-making whether at the decision-making whether at the decision-making whether at the government level or the local level or government level or the local level or government level or the local level or really on any level you know to an really on any level you know to an really on any level you know to an algorithm. So, you know, as an example, algorithm. So, you know, as an example, algorithm. So, you know, as an example, uh during CO 19, uh the pre the governor uh during CO 19, uh the pre the governor uh during CO 19, uh the pre the governor of Rhode Island, Gina Rayondo, sort of of Rhode Island, Gina Rayondo, sort of of Rhode Island, Gina Rayondo, sort of gave a green light to this Israeli gave a green light to this Israeli gave a green light to this Israeli company called Diagnostic Robotics, uh company called Diagnostic Robotics, uh company called Diagnostic Robotics, uh to use, you know, the health data in the to use, you know, the health data in the to use, you know, the health data in the state to predict, uh CO 19 outbreaks, uh state to predict, uh CO 19 outbreaks, uh state to predict, uh CO 19 outbreaks, uh before they could happen, right? and before they could happen, right? and before they could happen, right? and Gina Raando by the way Gina Raando by the way Gina Raando by the way >> laws. >> laws. >> laws. >> Well, uh I'm I'm sure a lot of those >> Well, uh I'm I'm sure a lot of those >> Well, uh I'm I'm sure a lot of those were sort of suspended uh under the were sort of suspended uh under the were sort of suspended uh under the emergency justification of CO 19, but emergency justification of CO 19, but emergency justification of CO 19, but I'm not exactly familiar with the legal I'm not exactly familiar with the legal I'm not exactly familiar with the legal or potential legal snafoos of that um at or potential legal snafoos of that um at or potential legal snafoos of that um at the time. Or maybe they justified it by the time. Or maybe they justified it by the time. Or maybe they justified it by alleged, you know, saying they d they alleged, you know, saying they d they alleged, you know, saying they d they sort of took anonymize the data. I don't sort of took anonymize the data. I don't sort of took anonymize the data. I don't really know. But the idea was to sort of really know. But the idea was to sort of really know. But the idea was to sort of use that data to identify local hotspots use that data to identify local hotspots use that data to identify local hotspots and predict outbreaks before they and predict outbreaks before they and predict outbreaks before they happen. And so obviously if you know the happen. And so obviously if you know the happen. And so obviously if you know the algorithm of this company predicts an algorithm of this company predicts an algorithm of this company predicts an outbreak there would be sort of these outbreak there would be sort of these outbreak there would be sort of these localized lockdowns and people would localized lockdowns and people would localized lockdowns and people would lose their ability to uh engage in lose their ability to uh engage in lose their ability to uh engage in in-person commerce and freedom of in-person commerce and freedom of in-person commerce and freedom of movement etc. So you know consequences movement etc. So you know consequences movement etc. So you know consequences that are pretty significant to the that are pretty significant to the that are pretty significant to the people uh living there um and when I people uh living there um and when I people uh living there um and when I reported on at the time as I recall but reported on at the time as I recall but reported on at the time as I recall but it's been a few years but I do know that it's been a few years but I do know that it's been a few years but I do know that the algorithm per the company was under the algorithm per the company was under the algorithm per the company was under 80% accurate. I think it was somewhere 80% accurate. I think it was somewhere 80% accurate. I think it was somewhere in the 70s and so that's the company in the 70s and so that's the company in the 70s and so that's the company right? So if it's not independently right? So if it's not independently right? So if it's not independently vetted um and it this is sort of you vetted um and it this is sort of you vetted um and it this is sort of you know company PR um at the end of the day know company PR um at the end of the day know company PR um at the end of the day is that overinflated it's quite possible is that overinflated it's quite possible is that overinflated it's quite possible right and so what if the accuracy of right and so what if the accuracy of right and so what if the accuracy of that isn't really in the 70s it's in the that isn't really in the 70s it's in the that isn't really in the 70s it's in the 60s or near the 50s it's no better than 60s or near the 50s it's no better than 60s or near the 50s it's no better than a coin toss right is it really worth a coin toss right is it really worth a coin toss right is it really worth putting uh that kind of power in the putting uh that kind of power in the putting uh that kind of power in the hand of an algorithm that isn't hand of an algorithm that isn't hand of an algorithm that isn't necessarily going to be more efficient necessarily going to be more efficient necessarily going to be more efficient and accurate but all this hype that's and accurate but all this hype that's and accurate but all this hype that's been generated around AI as an industry been generated around AI as an industry been generated around AI as an industry suggests that that has sort of created suggests that that has sort of created suggests that that has sort of created this public perception that AI is this public perception that AI is this public perception that AI is inherently um smarter than human inherently um smarter than human inherently um smarter than human decision makers and more efficient and decision makers and more efficient and decision makers and more efficient and more coste effective for example. Um, I more coste effective for example. Um, I more coste effective for example. Um, I think these are kind of problematic think these are kind of problematic think these are kind of problematic scenarios that need to be considered. scenarios that need to be considered. scenarios that need to be considered. And I'm not trying to be a Debbie Downer And I'm not trying to be a Debbie Downer And I'm not trying to be a Debbie Downer or poo poo on on innovation, but I or poo poo on on innovation, but I or poo poo on on innovation, but I think, you know, civil liberties do think, you know, civil liberties do think, you know, civil liberties do matter. And I think people need to be uh matter. And I think people need to be uh matter. And I think people need to be uh very mindful of that, especially very mindful of that, especially very mindful of that, especially considering again the Silicon Valley considering again the Silicon Valley considering again the Silicon Valley fusion with the national security state fusion with the national security state fusion with the national security state and the national security state's and the national security state's and the national security state's tendency uh to opportunistically whittle tendency uh to opportunistically whittle tendency uh to opportunistically whittle down American civil liberties uh for down American civil liberties uh for down American civil liberties uh for their benefit. their benefit. their benefit. It's a really interesting intersection It's a really interesting intersection It's a really interesting intersection that I clearly need to start thinking that I clearly need to start thinking that I clearly need to start thinking more about. We will be right back to the more about. We will be right back to the more about. We will be right back to the show in a second, but first I want to show in a second, but first I want to show in a second, but first I want to address the gap between wanting to be an address the gap between wanting to be an address the gap between wanting to be an entrepreneur and actually becoming one. entrepreneur and actually becoming one. entrepreneur and actually becoming one. January is when everyone talks about January is when everyone talks about January is when everyone talks about change. February is when you see who change. February is when you see who change. February is when you see who actually meant it. Do not let February actually meant it. Do not let February actually meant it. Do not let February arrive with the same old story. Make arrive with the same old story. Make arrive with the same old story. 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The way that I would look at that, and this ties into I would look at that, and this ties into I would look at that, and this ties into uh something you mentioned earlier, uh uh something you mentioned earlier, uh uh something you mentioned earlier, uh during the inauguration of Donald Trump, during the inauguration of Donald Trump, during the inauguration of Donald Trump, you had all these uh tech billionaires you had all these uh tech billionaires you had all these uh tech billionaires there by him and it gave it certainly there by him and it gave it certainly there by him and it gave it certainly gave me like, ooh, this is why people gave me like, ooh, this is why people gave me like, ooh, this is why people are paranoid about oligarchy vibes. Uh are paranoid about oligarchy vibes. Uh are paranoid about oligarchy vibes. Uh and I'm not super prone to that kind of and I'm not super prone to that kind of and I'm not super prone to that kind of thinking. So, the fact that it hit me thinking. So, the fact that it hit me thinking. So, the fact that it hit me like that, I was like, okay, definitely like that, I was like, okay, definitely like that, I was like, okay, definitely it's good that people are being it's good that people are being it's good that people are being paranoid. Uh but the intersection feels paranoid. Uh but the intersection feels paranoid. Uh but the intersection feels like it's a very natural intersection to like it's a very natural intersection to like it's a very natural intersection to me. So the reason that national security me. So the reason that national security me. So the reason that national security would be fusing with technology is that would be fusing with technology is that would be fusing with technology is that technology is going to be the front technology is going to be the front technology is going to be the front where these battles are fought. And so where these battles are fought. And so where these battles are fought. And so anybody that's seen, you know, the anybody that's seen, you know, the anybody that's seen, you know, the however many thousands of drones uh that however many thousands of drones uh that however many thousands of drones uh that China can launch and get to, you know, China can launch and get to, you know, China can launch and get to, you know, dance like a dragon is very compelling dance like a dragon is very compelling dance like a dragon is very compelling when you see it. It looks so cool. Uh, when you see it. It looks so cool. Uh, when you see it. It looks so cool. Uh, and then you imagine, well, what happens and then you imagine, well, what happens and then you imagine, well, what happens when 10,000 drones like that are able to when 10,000 drones like that are able to when 10,000 drones like that are able to go over a aircraft carrier and each one go over a aircraft carrier and each one go over a aircraft carrier and each one drops a uh reasonable size payload that drops a uh reasonable size payload that drops a uh reasonable size payload that by itself would do next to nothing, but by itself would do next to nothing, but by itself would do next to nothing, but you drop 10,000 of those uh little you drop 10,000 of those uh little you drop 10,000 of those uh little somethings on that ship and you turn it somethings on that ship and you turn it somethings on that ship and you turn it into Swiss cheese, you realize, ooh, the into Swiss cheese, you realize, ooh, the into Swiss cheese, you realize, ooh, the way that we've been doing uh national way that we've been doing uh national way that we've been doing uh national defense is not going to work in a modern defense is not going to work in a modern defense is not going to work in a modern combat scenario. And so it is going to combat scenario. And so it is going to combat scenario. And so it is going to be these tech guys that we're going to be these tech guys that we're going to be these tech guys that we're going to need even if you just grant me that AI need even if you just grant me that AI need even if you just grant me that AI is going to get really good at hacking is going to get really good at hacking is going to get really good at hacking which there was a recent uh announcement which there was a recent uh announcement which there was a recent uh announcement I forget if it was from Deepseek uh I I forget if it was from Deepseek uh I I forget if it was from Deepseek uh I can't remember but there was a company can't remember but there was a company can't remember but there was a company that was doing this where they wanted to that was doing this where they wanted to that was doing this where they wanted to see um how well their AI was at hacking see um how well their AI was at hacking see um how well their AI was at hacking and it was unbelievably good and so they and it was unbelievably good and so they and it was unbelievably good and so they were doing it as a red team inside of a were doing it as a red team inside of a were doing it as a red team inside of a company so they can say okay here's how company so they can say okay here's how company so they can say okay here's how we broke our own systems now we need a we broke our own systems now we need a we broke our own systems now we need a blue team that can come in and shore blue team that can come in and shore blue team that can come in and shore these up. Uh but you're going to have to these up. Uh but you're going to have to these up. Uh but you're going to have to have that. Like if you are living in a have that. Like if you are living in a have that. Like if you are living in a world where one country has AI and world where one country has AI and world where one country has AI and another does not, uh the country without another does not, uh the country without another does not, uh the country without it will lose. And so to me, this feels it will lose. And so to me, this feels it will lose. And so to me, this feels like an arms race we cannot afford to like an arms race we cannot afford to like an arms race we cannot afford to not engage in. Uh and so it just becomes not engage in. Uh and so it just becomes not engage in. Uh and so it just becomes a question of all right, well given the a question of all right, well given the a question of all right, well given the stakes, how do we actually navigate stakes, how do we actually navigate stakes, how do we actually navigate this? So I I would not want to pull this? So I I would not want to pull this? So I I would not want to pull apart the national security apparatus apart the national security apparatus apart the national security apparatus from uh the tech bros to be dismissive. from uh the tech bros to be dismissive. from uh the tech bros to be dismissive. Um so what do you do? I don't know if Um so what do you do? I don't know if Um so what do you do? I don't know if you want to stay in the lane of like I you want to stay in the lane of like I you want to stay in the lane of like I just want people looking at the right just want people looking at the right just want people looking at the right things or if you actually have an things or if you actually have an things or if you actually have an insight there. Uh but I'd be very insight there. Uh but I'd be very insight there. Uh but I'd be very curious. curious. curious. >> Um you know I do prefer to stay in in my >> Um you know I do prefer to stay in in my >> Um you know I do prefer to stay in in my lane as much as possible. uh frankly um lane as much as possible. uh frankly um lane as much as possible. uh frankly um especially on sort of these uh sticky especially on sort of these uh sticky especially on sort of these uh sticky stickier issues but I do have some stickier issues but I do have some stickier issues but I do have some opinions. So um first of all um as I opinions. So um first of all um as I opinions. So um first of all um as I referred to earlier with the national referred to earlier with the national referred to earlier with the national submission uh commit national security submission uh commit national security submission uh commit national security commission on artificial intelligence commission on artificial intelligence commission on artificial intelligence and some of these foyad documents that and some of these foyad documents that and some of these foyad documents that came out of there. There is the came out of there. There is the came out of there. There is the promotion of the idea that essentially promotion of the idea that essentially promotion of the idea that essentially the US needs to do what China has done the US needs to do what China has done the US needs to do what China has done and and replicate this civil military and and replicate this civil military and and replicate this civil military fusion model in order to win the AI arms fusion model in order to win the AI arms fusion model in order to win the AI arms race. And sort of the argument inherent race. And sort of the argument inherent race. And sort of the argument inherent in that is that in order to beat China, in that is that in order to beat China, in that is that in order to beat China, we must become China even more than we must become China even more than we must become China even more than China is. Um and and you know a lot of China is. Um and and you know a lot of China is. Um and and you know a lot of the justifications the justifications the justifications um you know around um China as an um you know around um China as an um you know around um China as an adversary are related to how uh China uh adversary are related to how uh China uh adversary are related to how uh China uh is not as um protective of civil is not as um protective of civil is not as um protective of civil liberties as the as the United States at liberties as the as the United States at liberties as the as the United States at least postures itself as being for least postures itself as being for least postures itself as being for example and a major difference in the example and a major difference in the example and a major difference in the value system between the China between value system between the China between value system between the China between China and the United States and so if China and the United States and so if China and the United States and so if you're willing to adopt exactly that you're willing to adopt exactly that you're willing to adopt exactly that model. Civil military fusion in my model. Civil military fusion in my model. Civil military fusion in my opinion is really not that different opinion is really not that different opinion is really not that different than um fascism at the end of the day. than um fascism at the end of the day. than um fascism at the end of the day. Um it's it's the corporatist model and I Um it's it's the corporatist model and I Um it's it's the corporatist model and I don't think it's uh necessarily what don't think it's uh necessarily what don't think it's uh necessarily what what Americans want. Um and yeah, there what Americans want. Um and yeah, there what Americans want. Um and yeah, there is a trade-off and I think people should is a trade-off and I think people should is a trade-off and I think people should consider it. Um, but again, I'm not um consider it. Um, but again, I'm not um consider it. Um, but again, I'm not um in the business of telling people what in the business of telling people what in the business of telling people what to think. But what happens if we go so to think. But what happens if we go so to think. But what happens if we go so far out of a desperation to win an AI far out of a desperation to win an AI far out of a desperation to win an AI arms race with China, for example, uh arms race with China, for example, uh arms race with China, for example, uh that we completely surrender our the that we completely surrender our the that we completely surrender our the value system that supposedly makes us a value system that supposedly makes us a value system that supposedly makes us a freer, better society in the process. I freer, better society in the process. I freer, better society in the process. I think uh that is complicated. think uh that is complicated. think uh that is complicated. Um and I would also point to the fact Um and I would also point to the fact Um and I would also point to the fact that uh you know transnational capital a that uh you know transnational capital a that uh you know transnational capital a lot of that has enabled China's AI arms lot of that has enabled China's AI arms lot of that has enabled China's AI arms race. There's a lot of cross-pollination race. There's a lot of cross-pollination race. There's a lot of cross-pollination in these uh you know Chinese government in these uh you know Chinese government in these uh you know Chinese government adjacent tech corporations um and the adjacent tech corporations um and the adjacent tech corporations um and the United States uh you can look at people United States uh you can look at people United States uh you can look at people like Larry Fank for example um who like Larry Fank for example um who like Larry Fank for example um who definitely have a lot of eyes definitely have a lot of eyes definitely have a lot of eyes to Chinese industry uh for example and to Chinese industry uh for example and to Chinese industry uh for example and people like Steve Schwarzman um quite people like Steve Schwarzman um quite people like Steve Schwarzman um quite similarly very much uh tied there who's similarly very much uh tied there who's similarly very much uh tied there who's you know head of Blackstone and uh you know head of Blackstone and uh you know head of Blackstone and uh they're both very close personal friends they're both very close personal friends they're both very close personal friends of Donald Trump and also of course Fink of Donald Trump and also of course Fink of Donald Trump and also of course Fink has ties to the Democrats um as Well, has ties to the Democrats um as Well, has ties to the Democrats um as Well, um, and a lot of, you know, Henry um, and a lot of, you know, Henry um, and a lot of, you know, Henry Kissinger, who I mentioned earlier, a Kissinger, who I mentioned earlier, a Kissinger, who I mentioned earlier, a lot of top CCP officials have pictures lot of top CCP officials have pictures lot of top CCP officials have pictures of them with Henry Kissinger in their of them with Henry Kissinger in their of them with Henry Kissinger in their offices. They love the guy. Um, and offices. They love the guy. Um, and offices. They love the guy. Um, and there was that effort, of course, to there was that effort, of course, to there was that effort, of course, to open up China, uh, to to commerce and, open up China, uh, to to commerce and, open up China, uh, to to commerce and, uh, partnerships with, uh, Western uh, partnerships with, uh, Western uh, partnerships with, uh, Western companies, for example, um, you know, companies, for example, um, you know, companies, for example, um, you know, back several decades ago. And a lot of back several decades ago. And a lot of back several decades ago. And a lot of that involved um you know uh US capital that involved um you know uh US capital that involved um you know uh US capital and and some firms like Beal for example and and some firms like Beal for example and and some firms like Beal for example that were very much tied to the national that were very much tied to the national that were very much tied to the national security state of Ronald Reagan for security state of Ronald Reagan for security state of Ronald Reagan for example. A lot of top people that served example. A lot of top people that served example. A lot of top people that served in his and top national security in his and top national security in his and top national security positions under him were involved in positions under him were involved in positions under him were involved in Bectal which was building a lot of the Bectal which was building a lot of the Bectal which was building a lot of the infrastructure that helped enable China infrastructure that helped enable China infrastructure that helped enable China to become uh this you know the power to become uh this you know the power to become uh this you know the power that it is. And why is that not being that it is. And why is that not being that it is. And why is that not being talked about? And I mean this is really talked about? And I mean this is really talked about? And I mean this is really isn't exclusive to Democrats either, isn't exclusive to Democrats either, isn't exclusive to Democrats either, though they often get rightly pointed though they often get rightly pointed though they often get rightly pointed out for having some conflicts of out for having some conflicts of out for having some conflicts of interest of this nature. Uh but someone interest of this nature. Uh but someone interest of this nature. Uh but someone like Howard Lutnik, for example, who was like Howard Lutnik, for example, who was like Howard Lutnik, for example, who was head of the transition team uh for Trump head of the transition team uh for Trump head of the transition team uh for Trump and is his uh incoming secretary of and is his uh incoming secretary of and is his uh incoming secretary of commerce um has the same his his company commerce um has the same his his company commerce um has the same his his company he runs um has the same uh tie, arguably he runs um has the same uh tie, arguably he runs um has the same uh tie, arguably a more direct tie uh to a Chinese a more direct tie uh to a Chinese a more direct tie uh to a Chinese government majorityowned uh financial government majorityowned uh financial government majorityowned uh financial entity that was a big scandal for entity that was a big scandal for entity that was a big scandal for conservatives when Hunter Biden's conservatives when Hunter Biden's conservatives when Hunter Biden's Rosemont Sena was also tied to it. But Rosemont Sena was also tied to it. But Rosemont Sena was also tied to it. But there's been no conservative uproar over there's been no conservative uproar over there's been no conservative uproar over this tie. Um, and you have to kind of this tie. Um, and you have to kind of this tie. Um, and you have to kind of ask why that may be and why you have a ask why that may be and why you have a ask why that may be and why you have a lot of um, these big tech people, Elon lot of um, these big tech people, Elon lot of um, these big tech people, Elon Musk included, who has a major role in Musk included, who has a major role in Musk included, who has a major role in the national security state of the the national security state of the the national security state of the United States as one of the top United States as one of the top United States as one of the top contractors to Space Force in the contractors to Space Force in the contractors to Space Force in the Pentagon, for example, and Starlink Pentagon, for example, and Starlink Pentagon, for example, and Starlink and all of these things. um had you know and all of these things. um had you know and all of these things. um had you know through Tesla has a lot of ties to you through Tesla has a lot of ties to you through Tesla has a lot of ties to you know Chinese commerce and and tech know Chinese commerce and and tech know Chinese commerce and and tech giants that also have uh rather cozy giants that also have uh rather cozy giants that also have uh rather cozy relationships with the Chinese relationships with the Chinese relationships with the Chinese government as well. Why is that not government as well. Why is that not government as well. Why is that not being discussed as you know a potential being discussed as you know a potential being discussed as you know a potential national security risk if we do really national security risk if we do really national security risk if we do really need to become China to beat China? You need to become China to beat China? You need to become China to beat China? You see what I'm saying? like if it was see what I'm saying? like if it was see what I'm saying? like if it was really that was really the key driver of really that was really the key driver of really that was really the key driver of our issue, shouldn't we be scrutinizing our issue, shouldn't we be scrutinizing our issue, shouldn't we be scrutinizing uh the ties of these oligarchs to both uh the ties of these oligarchs to both uh the ties of these oligarchs to both China and you know some of and our own China and you know some of and our own China and you know some of and our own national security state and you know national security state and you know national security state and you know again I think again I think again I think um if people are familiar with my books um if people are familiar with my books um if people are familiar with my books and my work there is a scandal that and my work there is a scandal that and my work there is a scandal that really uh exposed a lot of this uh that really uh exposed a lot of this uh that really uh exposed a lot of this uh that happened uh during the Clinton happened uh during the Clinton happened uh during the Clinton administration and was not properly administration and was not properly administration and was not properly investigated at all. it's remembered as investigated at all. it's remembered as investigated at all. it's remembered as as China gate and it was really of uh as China gate and it was really of uh as China gate and it was really of uh you know sort of today is I would argue you know sort of today is I would argue you know sort of today is I would argue misremembered as a campaign finance misremembered as a campaign finance misremembered as a campaign finance scandal for the Clinton re-election scandal for the Clinton re-election scandal for the Clinton re-election campaign but what was the sc what what campaign but what was the sc what what campaign but what was the sc what what was the alleged bribery of the Clinton was the alleged bribery of the Clinton was the alleged bribery of the Clinton re-election campaign meant to accomplish re-election campaign meant to accomplish re-election campaign meant to accomplish and if you look at what these you know and if you look at what these you know and if you look at what these you know forces gained what these what these forces gained what these what these forces gained what these what these figures gained by sort of you know for figures gained by sort of you know for figures gained by sort of you know for all intents and purposes bribing the all intents and purposes bribing the all intents and purposes bribing the Clinton uh reelection campaign It was Clinton uh reelection campaign It was Clinton uh reelection campaign It was facilitating um exports of sensitive facilitating um exports of sensitive facilitating um exports of sensitive national security technology to China. national security technology to China. national security technology to China. Um and a lot of that was done through a Um and a lot of that was done through a Um and a lot of that was done through a company called Laurel uh which has uh company called Laurel uh which has uh company called Laurel uh which has uh since uh become I think part of Loheed since uh become I think part of Loheed since uh become I think part of Loheed Martin. And um the guy that that ran Martin. And um the guy that that ran Martin. And um the guy that that ran Laurel at the time, Bernard Schwarz, uh Laurel at the time, Bernard Schwarz, uh Laurel at the time, Bernard Schwarz, uh nothing ever happened to him at all nothing ever happened to him at all nothing ever happened to him at all despite the fact that he uh helped pass despite the fact that he uh helped pass despite the fact that he uh helped pass uh very sensitive satellites and other uh very sensitive satellites and other uh very sensitive satellites and other military technology from the US uh you military technology from the US uh you military technology from the US uh you know directly to the Chinese military. know directly to the Chinese military. know directly to the Chinese military. um and nothing was done about it and he um and nothing was done about it and he um and nothing was done about it and he was actually a major backer of Biden in was actually a major backer of Biden in was actually a major backer of Biden in 2020. Why was that not covered? Don't 2020. Why was that not covered? Don't 2020. Why was that not covered? Don't you think conservatives should be all you think conservatives should be all you think conservatives should be all over that story? And um you know, again, over that story? And um you know, again, over that story? And um you know, again, this sort of um makes me concerned this sort of um makes me concerned this sort of um makes me concerned because I think there's not enough talk because I think there's not enough talk because I think there's not enough talk about um transnational capital in these about um transnational capital in these about um transnational capital in these types of situations. And there's a very types of situations. And there's a very types of situations. And there's a very urgent need to go back and reexamine a urgent need to go back and reexamine a urgent need to go back and reexamine a lot of the past scandals of our national lot of the past scandals of our national lot of the past scandals of our national security state China specifically security state China specifically security state China specifically because as I note in my book uh the the because as I note in my book uh the the because as I note in my book uh the the death of commerce secretary Ron Brown death of commerce secretary Ron Brown death of commerce secretary Ron Brown and a lot of people at the ITA and a lot of people at the ITA and a lot of people at the ITA department at commerce those were the department at commerce those were the department at commerce those were the most people targeted as this bribery most people targeted as this bribery most people targeted as this bribery scandal at China because the commerce scandal at China because the commerce scandal at China because the commerce department oversees the export of department oversees the export of department oversees the export of sensitive technology to foreign powers. sensitive technology to foreign powers. sensitive technology to foreign powers. Right. And Right. And Right. And um the fact that most of the employees um the fact that most of the employees um the fact that most of the employees that knew about that scandal were all that knew about that scandal were all that knew about that scandal were all essentially blown up in the same uh you essentially blown up in the same uh you essentially blown up in the same uh you know aircraft accident and that Ron know aircraft accident and that Ron know aircraft accident and that Ron Brown had a bullet hole in his head when Brown had a bullet hole in his head when Brown had a bullet hole in his head when his body was discovered in the plane. his body was discovered in the plane. his body was discovered in the plane. Why has that not been Well, it's true. Why has that not been Well, it's true. Why has that not been Well, it's true. You can look at the evidence You can look at the evidence You can look at the evidence >> um and it's absolutely there. And um >> um and it's absolutely there. And um >> um and it's absolutely there. And um >> you know, why can't we examine this? And >> you know, why can't we examine this? And >> you know, why can't we examine this? And shouldn't it be disturbing that the shouldn't it be disturbing that the shouldn't it be disturbing that the incoming head of the commerce department incoming head of the commerce department incoming head of the commerce department has a direct tie to the Chinese has a direct tie to the Chinese has a direct tie to the Chinese government in the context of that type government in the context of that type government in the context of that type of scandal of China and targeting the of scandal of China and targeting the of scandal of China and targeting the commerce department specifically? commerce department specifically? commerce department specifically? >> Is that Howard? Who are we talking >> Is that Howard? Who are we talking >> Is that Howard? Who are we talking about? about? about? >> Yes. >> Yes. >> Yes. >> The ugly under the hood minations of the >> The ugly under the hood minations of the >> The ugly under the hood minations of the world came up to the surface and people world came up to the surface and people world came up to the surface and people are just like there's no way I'm going are just like there's no way I'm going are just like there's no way I'm going to let you see how things actually work. to let you see how things actually work. to let you see how things actually work. Um Drew, my producer who's just off Um Drew, my producer who's just off Um Drew, my producer who's just off camera right now, hi Drew. uh has said camera right now, hi Drew. uh has said camera right now, hi Drew. uh has said you'll never get the Epstein files. Like you'll never get the Epstein files. Like you'll never get the Epstein files. Like he's been saying that from day one. H he's been saying that from day one. H he's been saying that from day one. H what's happening? Give me the FBI angle. what's happening? Give me the FBI angle. what's happening? Give me the FBI angle. >> Yeah, there's there's a um the truth is >> Yeah, there's there's a um the truth is >> Yeah, there's there's a um the truth is somewhere in between the two extremes, somewhere in between the two extremes, somewhere in between the two extremes, which is what so often turns out to be which is what so often turns out to be which is what so often turns out to be true, right? So um true, right? So um true, right? So um Jeffrey Epste was doing a lot of illegal Jeffrey Epste was doing a lot of illegal Jeffrey Epste was doing a lot of illegal stuff on his own. stuff on his own. stuff on his own. In the eyes of the justice system, a bad In the eyes of the justice system, a bad In the eyes of the justice system, a bad guy doing bad things is useful. It's guy doing bad things is useful. It's guy doing bad things is useful. It's helpful. That's so wild helpful. That's so wild helpful. That's so wild >> because bad guys doing bad things are >> because bad guys doing bad things are >> because bad guys doing bad things are almost always connected to other bad almost always connected to other bad almost always connected to other bad guys doing other bad things. guys doing other bad things. guys doing other bad things. >> And that opens up this access route, >> And that opens up this access route, >> And that opens up this access route, this utility for the Justice Department this utility for the Justice Department this utility for the Justice Department to say, "Oh, well now we have a smorgas to say, "Oh, well now we have a smorgas to say, "Oh, well now we have a smorgas board of bad guys, but we only have board of bad guys, but we only have board of bad guys, but we only have access to these bad guys through this access to these bad guys through this access to these bad guys through this one bad guy here." So they created this one bad guy here." So they created this one bad guy here." So they created this process called a CI, a covert informant process called a CI, a covert informant process called a CI, a covert informant or a clandestine informant. The CI's job or a clandestine informant. The CI's job or a clandestine informant. The CI's job is to inform and to gain and grant is to inform and to gain and grant is to inform and to gain and grant access to a wider net of bad guys. access to a wider net of bad guys. access to a wider net of bad guys. >> And this is specifically an FBI thing. >> And this is specifically an FBI thing. >> And this is specifically an FBI thing. >> It's specifically a a law enforcement >> It's specifically a a law enforcement >> It's specifically a a law enforcement thing. thing. thing. >> Okay. So >> Okay. So >> Okay. So >> So be CIA or FBI. >> So be CIA or FBI. >> So be CIA or FBI. >> CIA is not law enforcement. >> CIA is not law enforcement. >> CIA is not law enforcement. >> Interesting. >> Interesting. >> Interesting. >> Yeah. CIA's job is is intelligence >> Yeah. CIA's job is is intelligence >> Yeah. CIA's job is is intelligence collection. Not not collection. Not not collection. Not not >> lawend to kill people. >> lawend to kill people. >> lawend to kill people. >> They used to be more able to kill people >> They used to be more able to kill people >> They used to be more able to kill people than they currently are. So law than they currently are. So law than they currently are. So law enforcement falls under under the enforcement falls under under the enforcement falls under under the judicial branch. Intelligence collection judicial branch. Intelligence collection judicial branch. Intelligence collection falls under the executive branch. That's falls under the executive branch. That's falls under the executive branch. That's why the president can do whatever the why the president can do whatever the why the president can do whatever the hell he wants to with CIA, but the hell he wants to with CIA, but the hell he wants to with CIA, but the president cannot do whatever he wants to president cannot do whatever he wants to president cannot do whatever he wants to with the FBI. with the FBI. with the FBI. >> Right? That's that's how it was that FBI >> Right? That's that's how it was that FBI >> Right? That's that's how it was that FBI could could investigate the president could could investigate the president could could investigate the president and how he decided to have a backlash and how he decided to have a backlash and how he decided to have a backlash against the FBI. CIA, he just says no. against the FBI. CIA, he just says no. against the FBI. CIA, he just says no. He just shuts off their budget and and He just shuts off their budget and and He just shuts off their budget and and tells them he doesn't listen to them and tells them he doesn't listen to them and tells them he doesn't listen to them and and stops using them. And that's how you and stops using them. And that's how you and stops using them. And that's how you have the max the mass exodus of 2016 have the max the mass exodus of 2016 have the max the mass exodus of 2016 that you had at CIA during Trump's first that you had at CIA during Trump's first that you had at CIA during Trump's first administration. So you have these two administration. So you have these two administration. So you have these two different branches of government. One different branches of government. One different branches of government. One controls CIA, the executive branch. One controls CIA, the executive branch. One controls CIA, the executive branch. One controls FBI, the judicial branch. That controls FBI, the judicial branch. That controls FBI, the judicial branch. That also means that Donald Trump can say also means that Donald Trump can say also means that Donald Trump can say release the Epstein files and that release the Epstein files and that release the Epstein files and that doesn't have any impact on the judicial doesn't have any impact on the judicial doesn't have any impact on the judicial branch. They don't have branch. They don't have branch. They don't have >> is Cash Patel that makes that decision >> is Cash Patel that makes that decision >> is Cash Patel that makes that decision or someone else. or someone else. or someone else. >> So they can they can be pressured into >> So they can they can be pressured into >> So they can they can be pressured into acting when the legislative branch and acting when the legislative branch and acting when the legislative branch and the executive branch both work together the executive branch both work together the executive branch both work together in a checks and balance way. But like if in a checks and balance way. But like if in a checks and balance way. But like if Pam Bondi and Cash Patel say we're Pam Bondi and Cash Patel say we're Pam Bondi and Cash Patel say we're releasing it is there's nobody else, releasing it is there's nobody else, releasing it is there's nobody else, right? right? right? >> Not really. Yeah. They can they can >> Not really. Yeah. They can they can >> Not really. Yeah. They can they can choose to do that on their own as long choose to do that on their own as long choose to do that on their own as long as it it fits American law. American law as it it fits American law. American law as it it fits American law. American law is dictated by the legislative branch. is dictated by the legislative branch. is dictated by the legislative branch. So here's why I'm saying this. I'm So here's why I'm saying this. I'm So here's why I'm saying this. I'm saying this because even if saying this because even if saying this because even if our legislative branch votes to have the our legislative branch votes to have the our legislative branch votes to have the judicial branch release the files, that judicial branch release the files, that judicial branch release the files, that does not mean that they control what does not mean that they control what does not mean that they control what gets released or where it's released. gets released or where it's released. gets released or where it's released. So, the files might be released only to So, the files might be released only to So, the files might be released only to the Senate Intelligence Committee or the Senate Intelligence Committee or the Senate Intelligence Committee or only to a subcommittee in charge of law only to a subcommittee in charge of law only to a subcommittee in charge of law enforcement, not to the American people. enforcement, not to the American people. enforcement, not to the American people. You're not going to they're not going to You're not going to they're not going to You're not going to they're not going to vote today and then tomorrow you're vote today and then tomorrow you're vote today and then tomorrow you're going to have full access to every file. going to have full access to every file. going to have full access to every file. They also might only release redacted They also might only release redacted They also might only release redacted files because there's going to be lines files because there's going to be lines files because there's going to be lines and details inside all of the files that and details inside all of the files that and details inside all of the files that have law enforcement, intelligence, or have law enforcement, intelligence, or have law enforcement, intelligence, or national security relevance. So, it's national security relevance. So, it's national security relevance. So, it's all going to be redacted. You're already all going to be redacted. You're already all going to be redacted. You're already seeing that in the emails that were seeing that in the emails that were seeing that in the emails that were leaked recently from House members. Who leaked recently from House members. Who leaked recently from House members. Who makes those redactions? The Department makes those redactions? The Department makes those redactions? The Department of Justice makes those redactions. Why of Justice makes those redactions. Why of Justice makes those redactions. Why do they make those redactions? Because do they make those redactions? Because do they make those redactions? Because they're protecting other cases that they're protecting other cases that they're protecting other cases that they're trying to close for criminal they're trying to close for criminal they're trying to close for criminal conviction. So release the files. What conviction. So release the files. What conviction. So release the files. What what's laughable to me is that they can what's laughable to me is that they can what's laughable to me is that they can release the files and the average release the files and the average release the files and the average American still won't see them because American still won't see them because American still won't see them because they're not going to be released to the they're not going to be released to the they're not going to be released to the public. They'll be released to public. They'll be released to public. They'll be released to subcommittees. They'll be released from subcommittees. They'll be released from subcommittees. They'll be released from the current kind of bucket of control the current kind of bucket of control the current kind of bucket of control they're in in the justice department and they're in in the justice department and they're in in the justice department and they'll be released to the legislative they'll be released to the legislative they'll be released to the legislative department and then the legislative department and then the legislative department and then the legislative department and the subcommittees there department and the subcommittees there department and the subcommittees there will determine whether or not it should will determine whether or not it should will determine whether or not it should be released to the public or it should be released to the public or it should be released to the public or it should go right back to the judicial department go right back to the judicial department go right back to the judicial department because we have to protect XYZ case. because we have to protect XYZ case. because we have to protect XYZ case. Epstein as a CI was incredibly valuable Epstein as a CI was incredibly valuable Epstein as a CI was incredibly valuable because as much as he did bad things, because as much as he did bad things, because as much as he did bad things, the people that he had in his sphere of the people that he had in his sphere of the people that he had in his sphere of influence did worse things in the eyes influence did worse things in the eyes influence did worse things in the eyes of the law. This is an uncomfortable of the law. This is an uncomfortable of the law. This is an uncomfortable truth that people need to understand in truth that people need to understand in truth that people need to understand in the eyes of national security. A the eyes of national security. A the eyes of national security. A pedophile is not that big a risk. Yo, pedophile is not that big a risk. Yo, pedophile is not that big a risk. Yo, that sucks, but it's true. If you're that sucks, but it's true. If you're that sucks, but it's true. If you're trying to protect a country, if you're trying to protect a country, if you're trying to protect a country, if you're trying to protect national secrets, if trying to protect national secrets, if trying to protect national secrets, if you're trying to protect our ability to you're trying to protect our ability to you're trying to protect our ability to win a war against China, a guy having win a war against China, a guy having win a war against China, a guy having sex with an underage child is not that sex with an underage child is not that sex with an underage child is not that important. But when that pedophile is important. But when that pedophile is important. But when that pedophile is connected to other world leaders, when connected to other world leaders, when connected to other world leaders, when that pedophile is connected to that pedophile is connected to that pedophile is connected to politicians that might be corrupt, politicians that might be corrupt, politicians that might be corrupt, politicians that might be allowing politicians that might be allowing politicians that might be allowing foreign influence in American policy, foreign influence in American policy, foreign influence in American policy, now all of a sudden that person can be now all of a sudden that person can be now all of a sudden that person can be granted amnesty in exchange for their granted amnesty in exchange for their granted amnesty in exchange for their cooperation in advancing the cases for cooperation in advancing the cases for cooperation in advancing the cases for all these other targets. That makes the all these other targets. That makes the all these other targets. That makes the most sense in in any research I've done, most sense in in any research I've done, most sense in in any research I've done, in any expert I've spoken to, in any in any expert I've spoken to, in any in any expert I've spoken to, in any review of the evidence that we've gotten review of the evidence that we've gotten review of the evidence that we've gotten so far on Epstein, that explanation so far on Epstein, that explanation so far on Epstein, that explanation makes the most sense of any other that makes the most sense of any other that makes the most sense of any other that the United States said, "Hey, you're the United States said, "Hey, you're the United States said, "Hey, you're doing shitty. You're doing bad things. doing shitty. You're doing bad things. doing shitty. You're doing bad things. Here's a whole list of things that we Here's a whole list of things that we Here's a whole list of things that we can arrest you for and and convict you can arrest you for and and convict you can arrest you for and and convict you for today." And he saw that list and for today." And he saw that list and for today." And he saw that list and then they said, "Or you can cooperate then they said, "Or you can cooperate then they said, "Or you can cooperate with us to bring down bigger fish." And with us to bring down bigger fish." And with us to bring down bigger fish." And what's a guy like that going to say? what's a guy like that going to say? what's a guy like that going to say? This isn't the mafia. He doesn't have to This isn't the mafia. He doesn't have to This isn't the mafia. He doesn't have to worry about somebody, you know, whacking worry about somebody, you know, whacking worry about somebody, you know, whacking him. He didn't think. So, he's like, him. He didn't think. So, he's like, him. He didn't think. So, he's like, "Okay, I'll cooperate with you because "Okay, I'll cooperate with you because "Okay, I'll cooperate with you because then if I cooperate with you, you bring then if I cooperate with you, you bring then if I cooperate with you, you bring down some big fish. I don't ever go to down some big fish. I don't ever go to down some big fish. I don't ever go to jail for the things that I have to do to jail for the things that I have to do to jail for the things that I have to do to stay influential in my network." And now stay influential in my network." And now stay influential in my network." And now I'm protected. Right? At the end of the I'm protected. Right? At the end of the I'm protected. Right? At the end of the day, we all have two instincts that we day, we all have two instincts that we day, we all have two instincts that we have to deal with. Our survival instinct have to deal with. Our survival instinct have to deal with. Our survival instinct and our tribal instinct. And those those and our tribal instinct. And those those and our tribal instinct. And those those are the two instincts that drive us. are the two instincts that drive us. are the two instincts that drive us. Sometimes we're very survival based. Sometimes we're very survival based. Sometimes we're very survival based. Sometimes we'll sacrifice our survival Sometimes we'll sacrifice our survival Sometimes we'll sacrifice our survival to be part of a group. In that moment, to be part of a group. In that moment, to be part of a group. In that moment, Epstein was like, I need to survive. I Epstein was like, I need to survive. I Epstein was like, I need to survive. I need to take care of me more than I need need to take care of me more than I need need to take care of me more than I need to take care of my friends, which are my to take care of my friends, which are my to take care of my friends, which are my tribal instinct. And then life just is. tribal instinct. And then life just is. tribal instinct. And then life just is. That's just how human beings are wired. That's just how human beings are wired. That's just how human beings are wired. All of us have that same decision matrix All of us have that same decision matrix All of us have that same decision matrix every day. And what do you think about every day. And what do you think about every day. And what do you think about um was he exfilled by the FBI so they um was he exfilled by the FBI so they um was he exfilled by the FBI so they could either protect their sources or could either protect their sources or could either protect their sources or did somebody actually have him killed or did somebody actually have him killed or did somebody actually have him killed or was this just a guy that was like I was this just a guy that was like I was this just a guy that was like I don't want to go through the trial. don't want to go through the trial. don't want to go through the trial. >> Yeah, I don't think he killed himself. I >> Yeah, I don't think he killed himself. I >> Yeah, I don't think he killed himself. I I will say that I will say that I will say that >> because of evidence. >> because of evidence. >> because of evidence. >> What has been released to us so far when >> What has been released to us so far when >> What has been released to us so far when I look at it, it just it doesn't make I look at it, it just it doesn't make I look at it, it just it doesn't make biological sense to to be able to hang biological sense to to be able to hang biological sense to to be able to hang yourself essentially off of a doororknob yourself essentially off of a doororknob yourself essentially off of a doororknob at low at at a low distance from the at low at at a low distance from the at low at at a low distance from the ground. It's a very difficult thing to ground. It's a very difficult thing to ground. It's a very difficult thing to do. So it it just seems biologically do. So it it just seems biologically do. So it it just seems biologically improbable, not impossible, but improbable, not impossible, but improbable, not impossible, but improbable. And then even though I have improbable. And then even though I have improbable. And then even though I have I have I have supported wealthy people I have I have supported wealthy people I have I have supported wealthy people who have been convicted and are going to who have been convicted and are going to who have been convicted and are going to prison, I I provide counseling and I prison, I I provide counseling and I prison, I I provide counseling and I provide um training. provide um training. provide um training. >> Oh [ __ ] >> Oh [ __ ] >> Oh [ __ ] >> To sh to shape their mindset before they >> To sh to shape their mindset before they >> To sh to shape their mindset before they go into prison. go into prison. go into prison. >> Whoa. >> Whoa. >> Whoa. >> Because they're going to come out of >> Because they're going to come out of >> Because they're going to come out of prison, too, right? So I've I've helped prison, too, right? So I've I've helped prison, too, right? So I've I've helped people in that way. people in that way. people in that way. >> Okay. I've helped people in that way and >> Okay. I've helped people in that way and >> Okay. I've helped people in that way and they all have that same thought that they all have that same thought that they all have that same thought that Epstein most likely had where they're Epstein most likely had where they're Epstein most likely had where they're like, "It's all over. My wealth is gone. like, "It's all over. My wealth is gone. like, "It's all over. My wealth is gone. My reputation is gone. My family will My reputation is gone. My family will My reputation is gone. My family will forever hate me. My kids are better off forever hate me. My kids are better off forever hate me. My kids are better off without me. So, I'm just going to kill without me. So, I'm just going to kill without me. So, I'm just going to kill myself in jail. I'm just going to give myself in jail. I'm just going to give myself in jail. I'm just going to give up and never talk to anybody again." up and never talk to anybody again." up and never talk to anybody again." They all have that moment and it's just They all have that moment and it's just They all have that moment and it's just a mindset moment that they have to work a mindset moment that they have to work a mindset moment that they have to work their way through. Without a doubt, their way through. Without a doubt, their way through. Without a doubt, Jeffrey Epstein had a consultant like me Jeffrey Epstein had a consultant like me Jeffrey Epstein had a consultant like me who came in and coached him on his who came in and coached him on his who came in and coached him on his mindset. Without a doubt, his attorneys mindset. Without a doubt, his attorneys mindset. Without a doubt, his attorneys would have done it for sure. He had too would have done it for sure. He had too would have done it for sure. He had too much wealth behind him for someone not much wealth behind him for someone not much wealth behind him for someone not to invest in that way for him. So when I to invest in that way for him. So when I to invest in that way for him. So when I think of probability, probability is he think of probability, probability is he think of probability, probability is he would not have killed himself. would not have killed himself. would not have killed himself. Probability is even if he tried Probability is even if he tried Probability is even if he tried biologically it wouldn't have been biologically it wouldn't have been biologically it wouldn't have been successful. So then what did happen? Was successful. So then what did happen? Was successful. So then what did happen? Was he killed in an organized criminal he killed in an organized criminal he killed in an organized criminal activity or was he or was he killed as a activity or was he or was he killed as a activity or was he or was he killed as a political martyr of some sort? But most political martyr of some sort? But most political martyr of some sort? But most likely, most probable to me, he was likely, most probable to me, he was likely, most probable to me, he was violently attacked. Whether they violently attacked. Whether they violently attacked. Whether they intended to kill him or just intimidate intended to kill him or just intimidate intended to kill him or just intimidate him, I don't know. But that seems the him, I don't know. But that seems the him, I don't know. But that seems the more likely case. That's completely more likely case. That's completely more likely case. That's completely separate from his role as a CI. If he separate from his role as a CI. If he separate from his role as a CI. If he would have been discovered as a CI, he would have been discovered as a CI, he would have been discovered as a CI, he would have been even more likely to be would have been even more likely to be would have been even more likely to be killed. If he was not known to be a CI, killed. If he was not known to be a CI, killed. If he was not known to be a CI, they still wouldn't want to release the they still wouldn't want to release the they still wouldn't want to release the details because to release the details details because to release the details details because to release the details of his role as a CI would be to of his role as a CI would be to of his role as a CI would be to undermine the all the other CIS in the undermine the all the other CIS in the undermine the all the other CIS in the world right now who are providing world right now who are providing world right now who are providing information about worse bad guys than information about worse bad guys than information about worse bad guys than them to the FBI. The promise the FBI them to the FBI. The promise the FBI them to the FBI. The promise the FBI makes, the promise CIA makes to all of makes, the promise CIA makes to all of makes, the promise CIA makes to all of their assets is we will protect you. You their assets is we will protect you. You their assets is we will protect you. You will provide us information. We will will provide us information. We will will provide us information. We will protect you to the best of our ability. protect you to the best of our ability. protect you to the best of our ability. The best of their ability when they're The best of their ability when they're The best of their ability when they're protecting a US citizen in the United protecting a US citizen in the United protecting a US citizen in the United States is pretty high. It is uh like this one is wild to me in It is uh like this one is wild to me in terms of um what what does it say about terms of um what what does it say about terms of um what what does it say about the state of the government I guess or the state of the government I guess or the state of the government I guess or just how dandy new that we've all been just how dandy new that we've all been just how dandy new that we've all been we've all believed that we're good we've we've all believed that we're good we've we've all believed that we're good we've all believed that we're on the right all believed that we're on the right all believed that we're on the right side of humankind and we're a good and side of humankind and we're a good and side of humankind and we're a good and decent government. Why? decent government. Why? decent government. Why? >> When I watched House of Cards, it didn't >> When I watched House of Cards, it didn't >> When I watched House of Cards, it didn't seem plausible. So, it was fun. I seem plausible. So, it was fun. I seem plausible. So, it was fun. I enjoyed it. Very over the top. I'm like, enjoyed it. Very over the top. I'm like, enjoyed it. Very over the top. I'm like, get out of here. And then Epstein get out of here. And then Epstein get out of here. And then Epstein happened. I was like, oh my god. happened. I was like, oh my god. happened. I was like, oh my god. >> Like, this might actually be like the >> Like, this might actually be like the >> Like, this might actually be like the level of chicainery that's actually level of chicainery that's actually level of chicainery that's actually going on. That That's where I'm like, going on. That That's where I'm like, going on. That That's where I'm like, wow, this is really hard to metabolize. wow, this is really hard to metabolize. wow, this is really hard to metabolize. Again, you have to look at those two Again, you have to look at those two Again, you have to look at those two razors that we talked about, right? razors that we talked about, right? razors that we talked about, right? AAM's razor and Hanland's razor. Is it AAM's razor and Hanland's razor. Is it AAM's razor and Hanland's razor. Is it more likely that we only recently became more likely that we only recently became more likely that we only recently became corrupt as a federal government? Is it corrupt as a federal government? Is it corrupt as a federal government? Is it only recently that we became highly only recently that we became highly only recently that we became highly politicized and and survival oriented? politicized and and survival oriented? politicized and and survival oriented? Or have we always been that way, but the Or have we always been that way, but the Or have we always been that way, but the advent of technology has made it more advent of technology has made it more advent of technology has made it more transparent to the lay person? Which one transparent to the lay person? Which one transparent to the lay person? Which one of those is more likely? Well, if you of those is more likely? Well, if you of those is more likely? Well, if you keep if you take the most simplest keep if you take the most simplest keep if you take the most simplest explanation, we've always been that way. explanation, we've always been that way. explanation, we've always been that way. So it meets AAM's razor to believe that So it meets AAM's razor to believe that So it meets AAM's razor to believe that we've always been this way. We've always we've always been this way. We've always we've always been this way. We've always been this way. It's just that technology been this way. It's just that technology been this way. It's just that technology has made it so that you and I can now has made it so that you and I can now has made it so that you and I can now keep up with it at a faster pace. And keep up with it at a faster pace. And keep up with it at a faster pace. And then if you look at Hanland's razor, then if you look at Hanland's razor, then if you look at Hanland's razor, don't subscribe to conspiracy that which don't subscribe to conspiracy that which don't subscribe to conspiracy that which can be explained through uh idiocy. Then can be explained through uh idiocy. Then can be explained through uh idiocy. Then again, we've always been this way. It's again, we've always been this way. It's again, we've always been this way. It's not that we've been able to keep a not that we've been able to keep a not that we've been able to keep a secret. It's just that nobody's had real secret. It's just that nobody's had real secret. It's just that nobody's had real time access into so much information time access into so much information time access into so much information about what's happening in government. about what's happening in government. about what's happening in government. We've never had so many leaks. We've We've never had so many leaks. We've We've never had so many leaks. We've never had so much press interest. We've never had so much press interest. We've never had so much press interest. We've never had so many channels to never had so many channels to never had so many channels to communicate the information that we're communicate the information that we're communicate the information that we're collecting. We've never had, like you collecting. We've never had, like you collecting. We've never had, like you were saying before, um, podcast were saying before, um, podcast were saying before, um, podcast journalism or social journalism or journalism or social journalism or journalism or social journalism or community journalism, whatever, whatever community journalism, whatever, whatever community journalism, whatever, whatever isms you want to call them. We've never isms you want to call them. We've never isms you want to call them. We've never had that before. Everybody was too busy had that before. Everybody was too busy had that before. Everybody was too busy working on an assembly line or trying to working on an assembly line or trying to working on an assembly line or trying to scrape together two sticks to make a scrape together two sticks to make a scrape together two sticks to make a light, right? We never we never had that light, right? We never we never had that light, right? We never we never had that in the past. So, when I look through the in the past. So, when I look through the in the past. So, when I look through the laws of analysis, it just confirms for laws of analysis, it just confirms for laws of analysis, it just confirms for me what I learned when I was at CIA. The me what I learned when I was at CIA. The me what I learned when I was at CIA. The average American has no concept of how average American has no concept of how average American has no concept of how the government works. And the average the government works. And the average the government works. And the average world citizen has no concept of how world citizen has no concept of how world citizen has no concept of how their government works. And for sure their government works. And for sure their government works. And for sure they have no concept of how the US they have no concept of how the US they have no concept of how the US government works. The largest, government works. The largest, government works. The largest, wealthiest, most militarily powerful wealthiest, most militarily powerful wealthiest, most militarily powerful government in the world. You think that government in the world. You think that government in the world. You think that we became that way by playing fair? You we became that way by playing fair? You we became that way by playing fair? You think we became that way by by standing think we became that way by by standing think we became that way by by standing on the moral high ground? That's not how on the moral high ground? That's not how on the moral high ground? That's not how government works. That's never been how government works. That's never been how government works. That's never been how government works. That will never be how government works. That will never be how government works. That will never be how government works. The whole reason we government works. The whole reason we government works. The whole reason we have a representative government is so have a representative government is so have a representative government is so that we don't have to have blood on our that we don't have to have blood on our that we don't have to have blood on our hands as the voters. We can elect hands as the voters. We can elect hands as the voters. We can elect someone else to go do the dirty work. someone else to go do the dirty work. someone else to go do the dirty work. >> Are we ever going to get transparency >> Are we ever going to get transparency >> Are we ever going to get transparency into who Epstein was and what he did? into who Epstein was and what he did? into who Epstein was and what he did? >> I don't believe we will. I don't believe >> I don't believe we will. I don't believe >> I don't believe we will. I don't believe we will because it doesn't benefit our we will because it doesn't benefit our we will because it doesn't benefit our national security infrastructure to tell national security infrastructure to tell national security infrastructure to tell the true story. We might get answers, the true story. We might get answers, the true story. We might get answers, but we'll never know if the answers that but we'll never know if the answers that but we'll never know if the answers that were given are complete, accurate, or were given are complete, accurate, or were given are complete, accurate, or truthful because every government knows truthful because every government knows truthful because every government knows you have to give the people something to you have to give the people something to you have to give the people something to follow. And then you that doesn't have follow. And then you that doesn't have follow. And then you that doesn't have to be the truth. Just like what's to be the truth. Just like what's to be the truth. Just like what's happening right now in the Caribbean. happening right now in the Caribbean. happening right now in the Caribbean. Why do we have a military buildup in the Why do we have a military buildup in the Why do we have a military buildup in the Caribbean? Because of Venezuela? Run Caribbean? Because of Venezuela? Run Caribbean? Because of Venezuela? Run that through the two razors that we that through the two razors that we that through the two razors that we talked about. It doesn't make any sense, talked about. It doesn't make any sense, talked about. It doesn't make any sense, but that's what we're being told. And but that's what we're being told. And but that's what we're being told. And because we're being told that, we accept because we're being told that, we accept because we're being told that, we accept that. Nobody's questioning whether or that. Nobody's questioning whether or that. Nobody's questioning whether or not our military presence in the not our military presence in the not our military presence in the Caribbean is due to something else. Caribbean is due to something else. Caribbean is due to something else. >> You think it's China? >> You think it's China? >> You think it's China? >> That's what I believe. >> That's what I believe. >> That's what I believe. >> We'll get to that in a minute. If you >> We'll get to that in a minute. If you >> We'll get to that in a minute. If you were advising the Trump administration were advising the Trump administration were advising the Trump administration right now, how do you get enough Epstein right now, how do you get enough Epstein right now, how do you get enough Epstein file out there, lie or otherwise, that file out there, lie or otherwise, that file out there, lie or otherwise, that people go, "Cool, got it. Check. Thanks. people go, "Cool, got it. Check. Thanks. people go, "Cool, got it. Check. Thanks. We finally got the transparency that we We finally got the transparency that we We finally got the transparency that we needed." You don't want people to say, needed." You don't want people to say, needed." You don't want people to say, "Cool. I'm done." You always want to "Cool. I'm done." You always want to "Cool. I'm done." You always want to have this red herring. This is the have this red herring. This is the have this red herring. This is the definition of a red herring. A red definition of a red herring. A red definition of a red herring. A red herring is is a useful tool that you can herring is is a useful tool that you can herring is is a useful tool that you can use to to distract people. You want the use to to distract people. You want the use to to distract people. You want the Epstein case to always be available as a Epstein case to always be available as a Epstein case to always be available as a red herring. So, if I was advising the red herring. So, if I was advising the red herring. So, if I was advising the Donald Trump organization, I would say Donald Trump organization, I would say Donald Trump organization, I would say do exactly what you're doing right now. do exactly what you're doing right now. do exactly what you're doing right now. Donald Trump, you tell the people Donald Trump, you tell the people Donald Trump, you tell the people officially, I think that you should let officially, I think that you should let officially, I think that you should let the House vote on releasing the files. the House vote on releasing the files. the House vote on releasing the files. Even though the president as the leader Even though the president as the leader Even though the president as the leader of the executive branch could do it of the executive branch could do it of the executive branch could do it himself, he could tell the the judicial himself, he could tell the the judicial himself, he could tell the the judicial branch to do it and and they would branch to do it and and they would branch to do it and and they would arguably as commander-in-chief be arguably as commander-in-chief be arguably as commander-in-chief be hardressed not to listen to him. But hardressed not to listen to him. But hardressed not to listen to him. But he's not doing that. Instead, he's he's not doing that. Instead, he's he's not doing that. Instead, he's making it the House's problem. He's making it the House's problem. He's making it the House's problem. He's making it Congress's problem. So he's making it Congress's problem. So he's making it Congress's problem. So he's like, "Hey, Congress, you do this thing like, "Hey, Congress, you do this thing like, "Hey, Congress, you do this thing from the legislative branch and I'm from the legislative branch and I'm from the legislative branch and I'm going to be the one that's the going to be the one that's the going to be the one that's the figurehead saying the leader saying you figurehead saying the leader saying you figurehead saying the leader saying you do the thing that's going to help the do the thing that's going to help the do the thing that's going to help the American people." And then American people." And then American people." And then simultaneously you're telling Cash simultaneously you're telling Cash simultaneously you're telling Cash Patel, release whatever you need to Patel, release whatever you need to Patel, release whatever you need to release that doesn't compromise current release that doesn't compromise current release that doesn't compromise current investigations and anything that looks investigations and anything that looks investigations and anything that looks bad on our current administration, bad on our current administration, bad on our current administration, redact. Now Cash Patel, the leader of redact. Now Cash Patel, the leader of redact. Now Cash Patel, the leader of the FBI, Pam Bondi, the the head of the FBI, Pam Bondi, the the head of the FBI, Pam Bondi, the the head of Homeland Security, they can both go in Homeland Security, they can both go in Homeland Security, they can both go in there and they can they can redact there and they can they can redact there and they can they can redact anything that they that they decide anything that they that they decide anything that they that they decide looks bad on the current administration looks bad on the current administration looks bad on the current administration or is related to a current criminal or is related to a current criminal or is related to a current criminal investigation and release that. And the investigation and release that. And the investigation and release that. And the American people will say, "Oh, now we American people will say, "Oh, now we American people will say, "Oh, now we have all the files, but what about all have all the files, but what about all have all the files, but what about all these redactions?" And now the Justice these redactions?" And now the Justice these redactions?" And now the Justice Department can always say those Department can always say those Department can always say those redactions are critical for national redactions are critical for national redactions are critical for national security because the stability of the security because the stability of the security because the stability of the federal government, the survivability of federal government, the survivability of federal government, the survivability of the current administration is considered the current administration is considered the current administration is considered a national security priority. >> Yeah, this is going to get weird. like >> Yeah, this is going to get weird. like this has not been good for his this has not been good for his this has not been good for his presidency and his inability to fix the presidency and his inability to fix the presidency and his inability to fix the economy in a timely manner which I think economy in a timely manner which I think economy in a timely manner which I think is impossible but nonetheless uh is a is impossible but nonetheless uh is a is impossible but nonetheless uh is a double whammy. We we shall see double whammy. We we shall see double whammy. We we shall see happening. happening. happening. >> I think Donald Trump is also >> I think Donald Trump is also >> I think Donald Trump is also >> he's a very practical personality. No >> he's a very practical personality. No >> he's a very practical personality. No matter how you cut it, you can kind of matter how you cut it, you can kind of matter how you cut it, you can kind of accept that there's a pragmatism when accept that there's a pragmatism when accept that there's a pragmatism when you look at it through the lens of you look at it through the lens of you look at it through the lens of Donald Trump protecting Donald Trump. Donald Trump protecting Donald Trump. Donald Trump protecting Donald Trump. that survival instinct. that survival instinct. that survival instinct. He's any any failure that he has in a He's any any failure that he has in a He's any any failure that he has in a campaign promise campaign promise campaign promise is something that he can distract from. is something that he can distract from. is something that he can distract from. He also promised to not start any new He also promised to not start any new He also promised to not start any new wars and he's gone back on that several wars and he's gone back on that several wars and he's gone back on that several times, right? He's turning into a very times, right? He's turning into a very times, right? He's turning into a very conflict-oriented president, not only conflict-oriented president, not only conflict-oriented president, not only with Iran, but also with Venezuela. That with Iran, but also with Venezuela. That with Iran, but also with Venezuela. That complet that goes completely against the complet that goes completely against the complet that goes completely against the campaign promise. He's done an about campaign promise. He's done an about campaign promise. He's done an about face on releasing JFK files. He's done face on releasing JFK files. He's done face on releasing JFK files. He's done an about face on releasing Epstein an about face on releasing Epstein an about face on releasing Epstein files. Those were also campaign files. Those were also campaign files. Those were also campaign promises. Uh you you see him promises. Uh you you see him promises. Uh you you see him trying to like trying to boost the trying to like trying to boost the trying to like trying to boost the economy in traditional ways. The economy in traditional ways. The economy in traditional ways. The traditional ways are not that different traditional ways are not that different traditional ways are not that different from the way Biden or Obama tried to from the way Biden or Obama tried to from the way Biden or Obama tried to boost the economy either. Even though he boost the economy either. Even though he boost the economy either. Even though he tries to make it look different, he tries to make it look different, he tries to make it look different, he knows that probability wise this is his knows that probability wise this is his knows that probability wise this is his last term and coming out of this term he last term and coming out of this term he last term and coming out of this term he wants all the benefits of being a former wants all the benefits of being a former wants all the benefits of being a former president and he wants to shore up as president and he wants to shore up as president and he wants to shore up as few risks as possible that carried over few risks as possible that carried over few risks as possible that carried over with him into the presidency. So Donald with him into the presidency. So Donald with him into the presidency. So Donald Trump's there to take care of Donald Trump's there to take care of Donald Trump's there to take care of Donald Trump and the United States will be a Trump and the United States will be a Trump and the United States will be a secondary benefit, but that's his secondary benefit, but that's his secondary benefit, but that's his primary goal. primary goal. primary goal. >> The election is existential now on both >> The election is existential now on both >> The election is existential now on both sides. So, uh, Trump is obviously going sides. So, uh, Trump is obviously going sides. So, uh, Trump is obviously going after his political rivals. If the after his political rivals. If the after his political rivals. If the Republicans win, I would imagine that Republicans win, I would imagine that Republicans win, I would imagine that whoever comes into office will pardon whoever comes into office will pardon whoever comes into office will pardon Trump just to end all of that. Uh, I Trump just to end all of that. Uh, I Trump just to end all of that. Uh, I believe he can't pardon himself, so believe he can't pardon himself, so believe he can't pardon himself, so that's off the table. But if the that's off the table. But if the that's off the table. But if the Democrats win, they're going to go after Democrats win, they're going to go after Democrats win, they're going to go after him legally in a big way. So the bad him legally in a big way. So the bad him legally in a big way. So the bad news is that becoming president is now news is that becoming president is now news is that becoming president is now existential in office and out of office. existential in office and out of office. existential in office and out of office. And this is why if I were advising And this is why if I were advising And this is why if I were advising Trump, I would say whatever you do, Trump, I would say whatever you do, Trump, I would say whatever you do, don't pursue Obama. That would be a huge don't pursue Obama. That would be a huge don't pursue Obama. That would be a huge mistake because they will come after you mistake because they will come after you mistake because they will come after you tfold. And then when it switches again, tfold. And then when it switches again, tfold. And then when it switches again, they will come after them tenfold. they will come after them tenfold. they will come after them tenfold. So anyway, we're in a super weird death So anyway, we're in a super weird death So anyway, we're in a super weird death loop, but um talk to me about Venezuela. loop, but um talk to me about Venezuela. loop, but um talk to me about Venezuela. So, China is the thing that I'm very sad So, China is the thing that I'm very sad So, China is the thing that I'm very sad anytime people get distracted because, anytime people get distracted because, anytime people get distracted because, uh while I would love to hold hands and uh while I would love to hold hands and uh while I would love to hold hands and march into the future with China as an march into the future with China as an march into the future with China as an ally, um but we not decouple, but we get ally, um but we not decouple, but we get ally, um but we not decouple, but we get realistic about not letting anyone realistic about not letting anyone realistic about not letting anyone control certain aspects of our way of control certain aspects of our way of control certain aspects of our way of life. uh certainly not somebody who has life. uh certainly not somebody who has life. uh certainly not somebody who has proven that they will very rapidly proven that they will very rapidly proven that they will very rapidly become an adversary. Um what is become an adversary. Um what is become an adversary. Um what is Venezuela all about? How does China Venezuela all about? How does China Venezuela all about? How does China figure into this and what should we do? figure into this and what should we do? figure into this and what should we do? >> I'll I'll answer your question directly >> I'll I'll answer your question directly >> I'll I'll answer your question directly first and then I'll kind of backfill it first and then I'll kind of backfill it first and then I'll kind of backfill it with why I think I think the way I think with why I think I think the way I think with why I think I think the way I think I believe Venezuela is a red herring. I I believe Venezuela is a red herring. I I believe Venezuela is a red herring. I believe that all of the Venezuela talk believe that all of the Venezuela talk believe that all of the Venezuela talk and the Venezuela focus is not actually and the Venezuela focus is not actually and the Venezuela focus is not actually the focus of the president, not actually the focus of the president, not actually the focus of the president, not actually the focus of the Department of War as the focus of the Department of War as the focus of the Department of War as it's now called. I believe that that is it's now called. I believe that that is it's now called. I believe that that is all a red herring that's being given to all a red herring that's being given to all a red herring that's being given to us as a pill that we'll accept because us as a pill that we'll accept because us as a pill that we'll accept because we all kind of agree Venezuela's we we all kind of agree Venezuela's we we all kind of agree Venezuela's we don't know anything about it. That's don't know anything about it. That's don't know anything about it. That's what we all really believe. We don't what we all really believe. We don't what we all really believe. We don't know anything about Venezuela except know anything about Venezuela except know anything about Venezuela except Maduro bad Maduro bad Maduro bad and we all hate drugs. So if you can and we all hate drugs. So if you can and we all hate drugs. So if you can >> speak for yourself Andrew Bamante now >> speak for yourself Andrew Bamante now >> speak for yourself Andrew Bamante now >> so if you can if you can affiliate >> so if you can if you can affiliate >> so if you can if you can affiliate Venezuela with drugs then boom yeah of Venezuela with drugs then boom yeah of Venezuela with drugs then boom yeah of course we're against it. Rah rah rah course we're against it. Rah rah rah course we're against it. Rah rah rah let's let's blow up boats and let's show let's let's blow up boats and let's show let's let's blow up boats and let's show American power off the coast of our own American power off the coast of our own American power off the coast of our own country. I mean, who doesn't want to country. I mean, who doesn't want to country. I mean, who doesn't want to cheer for that? I lived in Tampa. It cheer for that? I lived in Tampa. It cheer for that? I lived in Tampa. It gives you a giant erection every time an gives you a giant erection every time an gives you a giant erection every time an F-22 takes off and you're like, "Fuck F-22 takes off and you're like, "Fuck F-22 takes off and you're like, "Fuck yeah, that's America, right?" Like, when yeah, that's America, right?" Like, when yeah, that's America, right?" Like, when you're standing in the field and there's you're standing in the field and there's you're standing in the field and there's Abram tanks that are driving by, the Abram tanks that are driving by, the Abram tanks that are driving by, the whole world rumbles and you're like, whole world rumbles and you're like, whole world rumbles and you're like, "Fuck yeah, that's America." Trust me, I "Fuck yeah, that's America." Trust me, I "Fuck yeah, that's America." Trust me, I get it. I get it. And now we get to do get it. I get it. And now we get to do get it. I get it. And now we get to do that off the coast of Florida. And of that off the coast of Florida. And of that off the coast of Florida. And of course, Texas and of course Mississippi, course, Texas and of course Mississippi, course, Texas and of course Mississippi, Louisiana, we're all like, "Fuck yeah, Louisiana, we're all like, "Fuck yeah, Louisiana, we're all like, "Fuck yeah, that like we're awesome because we get that like we're awesome because we get that like we're awesome because we get to do it here. We've been projecting to do it here. We've been projecting to do it here. We've been projecting that power worldwide. We don't get to that power worldwide. We don't get to that power worldwide. We don't get to rah rah rah when it's, you know, off the rah rah rah when it's, you know, off the rah rah rah when it's, you know, off the coast of Israel. coast of Israel. coast of Israel. But here it's different. So all of that But here it's different. So all of that But here it's different. So all of that to say I believe Venezuela is a big red to say I believe Venezuela is a big red to say I believe Venezuela is a big red herring. Now why do I believe that herring. Now why do I believe that herring. Now why do I believe that that's a big red herring? When you look that's a big red herring? When you look that's a big red herring? When you look at the actual evidence, the objective at the actual evidence, the objective at the actual evidence, the objective realities of the claims that are being realities of the claims that are being realities of the claims that are being made. We're fighting a drug war against made. We're fighting a drug war against made. We're fighting a drug war against naroterrorisms or naroterrorists. Right? naroterrorisms or naroterrorists. Right? naroterrorisms or naroterrorists. Right? The term narotist The term narotist The term narotist has an actual definition, right? And has an actual definition, right? And has an actual definition, right? And that definition for a terrorist has to that definition for a terrorist has to that definition for a terrorist has to be the use of violence to gain a be the use of violence to gain a be the use of violence to gain a political change. That's that is what's political change. That's that is what's political change. That's that is what's required of a terrorist. They must use required of a terrorist. They must use required of a terrorist. They must use violent lethal attacks in an effort to violent lethal attacks in an effort to violent lethal attacks in an effort to force political change. Narotists would force political change. Narotists would force political change. Narotists would just be drugfunded or drugreated just be drugfunded or drugreated just be drugfunded or drugreated terrorists. That's the definition that's terrorists. That's the definition that's terrorists. That's the definition that's out there for everybody to look up. out there for everybody to look up. out there for everybody to look up. Well, the cartels aren't doing that. The Well, the cartels aren't doing that. The Well, the cartels aren't doing that. The cartels aren't using violence, cartels aren't using violence, cartels aren't using violence, particularly not violence against the particularly not violence against the particularly not violence against the United States, to change politics. United States, to change politics. United States, to change politics. That's where the argument comes from That's where the argument comes from That's where the argument comes from recently that they're trying to say, recently that they're trying to say, recently that they're trying to say, "Oh, no, Maduro weaponized cocaine. He "Oh, no, Maduro weaponized cocaine. He "Oh, no, Maduro weaponized cocaine. He weaponized cocaine specifically to weaponized cocaine specifically to weaponized cocaine specifically to attack Americans." Even if that was the attack Americans." Even if that was the attack Americans." Even if that was the case, what's the political change that case, what's the political change that case, what's the political change that he's trying to drive? Because that's the he's trying to drive? Because that's the he's trying to drive? Because that's the important part about a terrorist. They important part about a terrorist. They important part about a terrorist. They have to be driving a political agenda. have to be driving a political agenda. have to be driving a political agenda. Secondly, only 15% of all the cocaine at Secondly, only 15% of all the cocaine at Secondly, only 15% of all the cocaine at most only 15% of the cocaine that enters most only 15% of the cocaine that enters most only 15% of the cocaine that enters the United States comes through the United States comes through the United States comes through Venezuela. 100 of 100% of it almost is Venezuela. 100 of 100% of it almost is Venezuela. 100 of 100% of it almost is created in Colombia. But then a small created in Colombia. But then a small created in Colombia. But then a small fraction is sent through Venezuela and fraction is sent through Venezuela and fraction is sent through Venezuela and then shipped up to um Puerto Rico where then shipped up to um Puerto Rico where then shipped up to um Puerto Rico where it goes into the American postal system it goes into the American postal system it goes into the American postal system and then it can be shipped all over the and then it can be shipped all over the and then it can be shipped all over the United States. A small percentage United States. A small percentage United States. A small percentage upwards of 90% of all cocaine goes upwards of 90% of all cocaine goes upwards of 90% of all cocaine goes through Mexico. So why are we focused on through Mexico. So why are we focused on through Mexico. So why are we focused on Venezuela? If we're trying to fight Venezuela? If we're trying to fight Venezuela? If we're trying to fight cocaine, why wouldn't why wouldn't we cocaine, why wouldn't why wouldn't we cocaine, why wouldn't why wouldn't we focus on Mexico? Why are we focused on focus on Mexico? Why are we focused on focus on Mexico? Why are we focused on Venezuela? Doesn't make any sense in Venezuela? Doesn't make any sense in Venezuela? Doesn't make any sense in terms of volume. Then you start to think terms of volume. Then you start to think terms of volume. Then you start to think about other issues. What one of about other issues. What one of about other issues. What one of Venezuela's top two military weapons Venezuela's top two military weapons Venezuela's top two military weapons partners are Russia and China. Russia partners are Russia and China. Russia partners are Russia and China. Russia historically, China more currently. historically, China more currently. historically, China more currently. Venezuela also maintains one of the Venezuela also maintains one of the Venezuela also maintains one of the largest amphibious assault forces in all largest amphibious assault forces in all largest amphibious assault forces in all of Latin America. And guess who provided of Latin America. And guess who provided of Latin America. And guess who provided all of their amphibious assault weapons? all of their amphibious assault weapons? all of their amphibious assault weapons? >> China. >> China. >> China. >> China. So if you really want to know >> China. So if you really want to know >> China. So if you really want to know what an amphibious assault would look what an amphibious assault would look what an amphibious assault would look like of China against Taiwan, you want like of China against Taiwan, you want like of China against Taiwan, you want to get a look under the hood of what the to get a look under the hood of what the to get a look under the hood of what the amphibious assault looks like in amphibious assault looks like in amphibious assault looks like in Venezuela. What do their capabilities Venezuela. What do their capabilities Venezuela. What do their capabilities look like? What do the weapons look look like? What do the weapons look look like? What do the weapons look like? How would they use them? China's like? How would they use them? China's like? How would they use them? China's number one trading partner is actually number one trading partner is actually number one trading partner is actually Pakistan. So China's number one weapons Pakistan. So China's number one weapons Pakistan. So China's number one weapons importer is Pakistan. Pakistan buys the importer is Pakistan. Pakistan buys the importer is Pakistan. Pakistan buys the most Chinese weapons. But almost all of most Chinese weapons. But almost all of most Chinese weapons. But almost all of the weapons that Pakistan buys from the weapons that Pakistan buys from the weapons that Pakistan buys from China are focused on ground warfare and China are focused on ground warfare and China are focused on ground warfare and airborne warfare, radar detection, uh airborne warfare, radar detection, uh airborne warfare, radar detection, uh ballistic missiles, etc. that they're ballistic missiles, etc. that they're ballistic missiles, etc. that they're using against India. It doesn't give us using against India. It doesn't give us using against India. It doesn't give us any and Pakistan's a any and Pakistan's a any and Pakistan's a we need to know about Chinese weapons we need to know about Chinese weapons we need to know about Chinese weapons because our Pakistani partners are because our Pakistani partners are because our Pakistani partners are probably giving us the information. But probably giving us the information. But probably giving us the information. But we know very little about China's we know very little about China's we know very little about China's amphibious assault capability. But amphibious assault capability. But amphibious assault capability. But Venezuela would be our best insight into Venezuela would be our best insight into Venezuela would be our best insight into that. Add into that mix the fact that that. Add into that mix the fact that that. Add into that mix the fact that the Panama Canal was a major focus of the Panama Canal was a major focus of the Panama Canal was a major focus of Trump during the presidential Trump during the presidential Trump during the presidential administration because he claimed that administration because he claimed that administration because he claimed that China controlled the Panama Canal. China controlled the Panama Canal. China controlled the Panama Canal. That's not fully correct. The more That's not fully correct. The more That's not fully correct. The more correct way of saying it would be that correct way of saying it would be that correct way of saying it would be that China controlled the entrance and exit China controlled the entrance and exit China controlled the entrance and exit ports of the Panama Canal. They were ports of the Panama Canal. They were ports of the Panama Canal. They were predominantly owned by a Hong Kong predominantly owned by a Hong Kong predominantly owned by a Hong Kong subsidiary. In March of this year, Trump subsidiary. In March of this year, Trump subsidiary. In March of this year, Trump demanded that that Hong Kong subsidiary demanded that that Hong Kong subsidiary demanded that that Hong Kong subsidiary sell a majority stake to US investment sell a majority stake to US investment sell a majority stake to US investment company Black Rockck, I believe it was. company Black Rockck, I believe it was. company Black Rockck, I believe it was. So then in August of this year that that So then in August of this year that that So then in August of this year that that transfer actually happened. So it was transfer actually happened. So it was transfer actually happened. So it was only in August, August 25th of this year only in August, August 25th of this year only in August, August 25th of this year that the Panama Canal became majorly that the Panama Canal became majorly that the Panama Canal became majorly owned by US investment firms instead of owned by US investment firms instead of owned by US investment firms instead of majority owned by Chinese investment majority owned by Chinese investment majority owned by Chinese investment firms. And then within two weeks after firms. And then within two weeks after firms. And then within two weeks after that date, the first drug boat was blown that date, the first drug boat was blown that date, the first drug boat was blown up off the coast of Venezuela. really. up off the coast of Venezuela. really. up off the coast of Venezuela. really. So, I'm not saying we have smoking guns, So, I'm not saying we have smoking guns, So, I'm not saying we have smoking guns, but I'm saying we have multiple verified but I'm saying we have multiple verified but I'm saying we have multiple verified uh independent sources of information uh independent sources of information uh independent sources of information that point to the fact that our conflict that point to the fact that our conflict that point to the fact that our conflict in Venezuela actually isn't about in Venezuela actually isn't about in Venezuela actually isn't about Venezuela. Venezuela. Venezuela. >> So, uh the boats that we're blowing up, >> So, uh the boats that we're blowing up, >> So, uh the boats that we're blowing up, are they us going, "Oh, these are narco are they us going, "Oh, these are narco are they us going, "Oh, these are narco boats or these boats that China is boats or these boats that China is boats or these boats that China is working with them to do a thing and we working with them to do a thing and we working with them to do a thing and we want to keep sending a message to want to keep sending a message to want to keep sending a message to China." China." China." >> No, I I believe that they're actually >> No, I I believe that they're actually >> No, I I believe that they're actually carrying drugs. And if you look at some carrying drugs. And if you look at some carrying drugs. And if you look at some of the drug, not only the drug boats of the drug, not only the drug boats of the drug, not only the drug boats between Mexico or between Venezuela and between Mexico or between Venezuela and between Mexico or between Venezuela and United States, but even the drug boats United States, but even the drug boats United States, but even the drug boats that are going to Europe, like they're that are going to Europe, like they're that are going to Europe, like they're busted old boats. They're handmade. busted old boats. They're handmade. busted old boats. They're handmade. They're leaky. They're they're they're They're leaky. They're they're they're They're leaky. They're they're they're they're not they're not they're not they're not um significant enough that they're not um significant enough that they're not um significant enough that you would imagine they'd be worth a six you would imagine they'd be worth a six you would imagine they'd be worth a six figure missile to blow them up, figure missile to blow them up, figure missile to blow them up, >> right? But that's what we're doing. >> right? But that's what we're doing. >> right? But that's what we're doing. >> Maybe it's five. Maybe it's a $50,000 >> Maybe it's five. Maybe it's a $50,000 >> Maybe it's five. Maybe it's a $50,000 missile, not a $100,000 missile that missile, not a $100,000 missile that missile, not a $100,000 missile that we're using to blow up the boat. Either we're using to blow up the boat. Either we're using to blow up the boat. Either way, it's a $50 boat. So, I do believe way, it's a $50 boat. So, I do believe way, it's a $50 boat. So, I do believe that there really are drugs. I do that there really are drugs. I do that there really are drugs. I do believe those drugs really are moving. believe those drugs really are moving. believe those drugs really are moving. And I do believe that we really are And I do believe that we really are And I do believe that we really are impacting the flow of drugs, but we're impacting the flow of drugs, but we're impacting the flow of drugs, but we're impacting a part like a a fraction of impacting a part like a a fraction of impacting a part like a a fraction of the 15% maximum of cocaine flow that's the 15% maximum of cocaine flow that's the 15% maximum of cocaine flow that's actually coming into the United States. actually coming into the United States. actually coming into the United States. If we really If we really If we really >> I totally buy that. That's all a red >> I totally buy that. That's all a red >> I totally buy that. That's all a red herring. But now I want to understand. herring. But now I want to understand. herring. But now I want to understand. So, if this is really I think we're So, if this is really I think we're So, if this is really I think we're already in a cold war with China. That already in a cold war with China. That already in a cold war with China. That seems patently obvious to me. So in in seems patently obvious to me. So in in seems patently obvious to me. So in in the rubric of this is a cold war with the rubric of this is a cold war with the rubric of this is a cold war with China, why what are we doing blowing up China, why what are we doing blowing up China, why what are we doing blowing up the boats? Is it just a reminder we have the boats? Is it just a reminder we have the boats? Is it just a reminder we have these missiles? I mean, it seems these missiles? I mean, it seems these missiles? I mean, it seems >> to consolidate our military in the >> to consolidate our military in the >> to consolidate our military in the Caribbean Caribbean Caribbean >> to justify sending them there. >> to justify sending them there. >> to justify sending them there. >> Yeah. To justify sending our military to >> Yeah. To justify sending our military to >> Yeah. To justify sending our military to the Caribbean because China not only the Caribbean because China not only the Caribbean because China not only predominantly owned the entrance and predominantly owned the entrance and predominantly owned the entrance and exit port for the Panama Canal, exit port for the Panama Canal, exit port for the Panama Canal, >> they predominantly own mult Panama, not >> they predominantly own mult Panama, not >> they predominantly own mult Panama, not Venezuela. So do you Venezuela. So do you Venezuela. So do you >> It's that it's that part of the ocean. >> It's that it's that part of the ocean. >> It's that it's that part of the ocean. Mhm. Mhm. Mhm. >> But do you think there's a clandestine >> But do you think there's a clandestine >> But do you think there's a clandestine battle that's happening that we just battle that's happening that we just battle that's happening that we just aren't aware of? aren't aware of? aren't aware of? >> Uh, so I think the answer to that is the >> Uh, so I think the answer to that is the >> Uh, so I think the answer to that is the simplest answer is yes. My the book that simplest answer is yes. My the book that simplest answer is yes. My the book that I wrote about my own experience with CIA I wrote about my own experience with CIA I wrote about my own experience with CIA talks about the start of what we call a talks about the start of what we call a talks about the start of what we call a shadow conflict with China, right? An shadow conflict with China, right? An shadow conflict with China, right? An intelligence battle, an intelligence war intelligence battle, an intelligence war intelligence battle, an intelligence war with China. with China. with China. >> And the big difference between the Cold >> And the big difference between the Cold >> And the big difference between the Cold War that you and I live through the tail War that you and I live through the tail War that you and I live through the tail end of with Russia and end of with Russia and end of with Russia and >> Oh, I lived through the whole thing. I'm >> Oh, I lived through the whole thing. I'm >> Oh, I lived through the whole thing. I'm older than you, my friend. Not the whole older than you, my friend. Not the whole older than you, my friend. Not the whole thing, I suppose, since it started at thing, I suppose, since it started at thing, I suppose, since it started at World War II, but World War II, but World War II, but >> but the big difference between the Cold >> but the big difference between the Cold >> but the big difference between the Cold War with Russia and I don't know, we War with Russia and I don't know, we War with Russia and I don't know, we should come up with a name for it. Let's should come up with a name for it. Let's should come up with a name for it. Let's just call it the rice war. I'll be I'll just call it the rice war. I'll be I'll just call it the rice war. I'll be I'll be racist. be racist. be racist. >> Damn. >> Damn. >> Damn. >> The rice war that we're dealing with now >> The rice war that we're dealing with now >> The rice war that we're dealing with now first, everybody. first, everybody. first, everybody. >> The rice war that we're dealing with now >> The rice war that we're dealing with now >> The rice war that we're dealing with now is that during the Cold War, the United is that during the Cold War, the United is that during the Cold War, the United States had no economic reliance on States had no economic reliance on States had no economic reliance on Russia. Russia. Russia. >> They were two completely separate >> They were two completely separate >> They were two completely separate economies. economies. economies. >> Yep. But now we have a major economic >> Yep. But now we have a major economic >> Yep. But now we have a major economic reliance on our largest geopolitical reliance on our largest geopolitical reliance on our largest geopolitical adversary. So it's not so easy to have a adversary. So it's not so easy to have a adversary. So it's not so easy to have a standard cold war where we just turn a standard cold war where we just turn a standard cold war where we just turn a cold shoulder and we put up an iron cold shoulder and we put up an iron cold shoulder and we put up an iron curtain. Now we have to meet over rice. curtain. Now we have to meet over rice. curtain. Now we have to meet over rice. We have to talk. We have to pretend like We have to talk. We have to pretend like We have to talk. We have to pretend like we're friends even though we wonder we're friends even though we wonder we're friends even though we wonder who's poisoning the rice, right? On both who's poisoning the rice, right? On both who's poisoning the rice, right? On both sides. I kind of like this this analogy sides. I kind of like this this analogy sides. I kind of like this this analogy right now. Nice, right? Especially since right now. Nice, right? Especially since right now. Nice, right? Especially since I think we grow the rice and they I think we grow the rice and they I think we grow the rice and they actually buy our rice. There's all sorts actually buy our rice. There's all sorts actually buy our rice. There's all sorts of interesting [ __ ] up things about of interesting [ __ ] up things about of interesting [ __ ] up things about our relationship with China, our relationship with China, our relationship with China, >> but that's what we're dealing with. So, >> but that's what we're dealing with. So, >> but that's what we're dealing with. So, we can't just out China. If we out we can't just out China. If we out we can't just out China. If we out China, we go back into a tariff war. We China, we go back into a tariff war. We China, we go back into a tariff war. We stop getting plastics. They stop getting stop getting plastics. They stop getting stop getting plastics. They stop getting chips. It all gets really [ __ ] messy. chips. It all gets really [ __ ] messy. chips. It all gets really [ __ ] messy. So, we have to find this way to like be So, we have to find this way to like be So, we have to find this way to like be in bed together, but still kick each in bed together, but still kick each in bed together, but still kick each other under the sheets. It reminds me It other under the sheets. It reminds me It other under the sheets. It reminds me It reminds me of the sport water polo. I reminds me of the sport water polo. I reminds me of the sport water polo. I don't know if you follow water polo. don't know if you follow water polo. don't know if you follow water polo. >> I know enough about it to know exactly >> I know enough about it to know exactly >> I know enough about it to know exactly where you're headed. where you're headed. where you're headed. >> Yes. I I knew nothing about water polo >> Yes. I I knew nothing about water polo >> Yes. I I knew nothing about water polo till I went to college and then I became till I went to college and then I became till I went to college and then I became friends with a water polo player and I friends with a water polo player and I friends with a water polo player and I only then discovered it's a dirty only then discovered it's a dirty only then discovered it's a dirty [ __ ] sport under the water. Yeah, [ __ ] sport under the water. Yeah, [ __ ] sport under the water. Yeah, they do horrible things to each other they do horrible things to each other they do horrible things to each other and then they just pass the ball up top. and then they just pass the ball up top. and then they just pass the ball up top. So when we watch we get to see all this So when we watch we get to see all this So when we watch we get to see all this cool action above the water, but all the cool action above the water, but all the cool action above the water, but all the nasty shit's happening under the water. nasty shit's happening under the water. nasty shit's happening under the water. That's what this war is like with China That's what this war is like with China That's what this war is like with China right now. So right now. So right now. So >> China owns huge chunks of the Caribbean. >> China owns huge chunks of the Caribbean. >> China owns huge chunks of the Caribbean. China has massive leases on China has massive leases on China has massive leases on infrastructure and military bases and infrastructure and military bases and infrastructure and military bases and ports all across the Caribbean. They ports all across the Caribbean. They ports all across the Caribbean. They have rare earth mineral rights across have rare earth mineral rights across have rare earth mineral rights across the Caribbean. Their major shipping the Caribbean. Their major shipping the Caribbean. Their major shipping routes go through the Caribbean. We move routes go through the Caribbean. We move routes go through the Caribbean. We move all of our [ __ ] to the Caribbean just to all of our [ __ ] to the Caribbean just to all of our [ __ ] to the Caribbean just to tell the Chinese, "Don't forget. Don't tell the Chinese, "Don't forget. Don't tell the Chinese, "Don't forget. Don't forget this is our house." And that's forget this is our house." And that's forget this is our house." And that's what we're doing here right now. We've what we're doing here right now. We've what we're doing here right now. We've consolidated our forces. Look how fast consolidated our forces. Look how fast consolidated our forces. Look how fast it happened when we were fighting it happened when we were fighting it happened when we were fighting Venezuela. How fast do you think it's Venezuela. How fast do you think it's Venezuela. How fast do you think it's going to happen if you mess with us? How going to happen if you mess with us? How going to happen if you mess with us? How fast can we take your car your Caribbean fast can we take your car your Caribbean fast can we take your car your Caribbean investments? How fast can we cut off investments? How fast can we cut off investments? How fast can we cut off your flow not just to the American uh your flow not just to the American uh your flow not just to the American uh the American market, but also to all of the American market, but also to all of the American market, but also to all of your own rare earth minerals and all of your own rare earth minerals and all of your own rare earth minerals and all of your supply chains in the Caribbean? And your supply chains in the Caribbean? And your supply chains in the Caribbean? And oh, by the way, if you think that you're oh, by the way, if you think that you're oh, by the way, if you think that you're going to continue to grow influence in going to continue to grow influence in going to continue to grow influence in Latin America and South America, which Latin America and South America, which Latin America and South America, which it has, China's increased its it has, China's increased its it has, China's increased its partnerships all across Latin America, partnerships all across Latin America, partnerships all across Latin America, >> massively >> massively >> massively the gold corridor. the gold corridor. the gold corridor. >> Yeah, by the way, don't forget that >> Yeah, by the way, don't forget that >> Yeah, by the way, don't forget that we're their neighbor. It's a huge we're their neighbor. It's a huge we're their neighbor. It's a huge message. It's a huge message that was message. It's a huge message that was message. It's a huge message that was arguably effective enough to walk China arguably effective enough to walk China arguably effective enough to walk China off the tariff cliff that Trump just off the tariff cliff that Trump just off the tariff cliff that Trump just closed with them recently. That is a closed with them recently. That is a closed with them recently. That is a very good breakdown. I knew that this very good breakdown. I knew that this very good breakdown. I knew that this was a move about China, but to be was a move about China, but to be was a move about China, but to be honest, I had not started putting the honest, I had not started putting the honest, I had not started putting the pieces together of specifically what pieces together of specifically what pieces together of specifically what they're doing. I didn't realize how much they're doing. I didn't realize how much they're doing. I didn't realize how much of China's shipping went through the of China's shipping went through the of China's shipping went through the Caribbean. That is very interesting. Um, Caribbean. That is very interesting. Um, Caribbean. That is very interesting. Um, how do you see this playing out? is how do you see this playing out? is how do you see this playing out? is China. So, first of all, this is one of China. So, first of all, this is one of China. So, first of all, this is one of those I have to be very careful because those I have to be very careful because those I have to be very careful because I really want to believe this. Uh, but I really want to believe this. Uh, but I really want to believe this. Uh, but I'm hearing reports that Xi is losing I'm hearing reports that Xi is losing I'm hearing reports that Xi is losing power in China. Now, for anybody that power in China. Now, for anybody that power in China. Now, for anybody that follows the timeline of China, Deng follows the timeline of China, Deng follows the timeline of China, Deng Xiaoing, listen, he was the Tianaan Xiaoing, listen, he was the Tianaan Xiaoing, listen, he was the Tianaan Square guy, so only clap so hard, but Square guy, so only clap so hard, but Square guy, so only clap so hard, but he's also the one actually responsible he's also the one actually responsible he's also the one actually responsible for China's great leap forward. Um, for China's great leap forward. Um, for China's great leap forward. Um, Xi is a reversion to Xi is a reversion to Xi is a reversion to >> Ma. >> Ma. >> Ma. >> And so seeing Xi come into power and >> And so seeing Xi come into power and >> And so seeing Xi come into power and turn the mouse picket on and start turn the mouse picket on and start turn the mouse picket on and start purging a whole bunch of people uh start purging a whole bunch of people uh start purging a whole bunch of people uh start really going back to their communist really going back to their communist really going back to their communist ways. That makes me uneasy ways. That makes me uneasy ways. That makes me uneasy uh for the Chinese people. Now they may uh for the Chinese people. Now they may uh for the Chinese people. Now they may tell me not to worry and they love it. tell me not to worry and they love it. tell me not to worry and they love it. Entirely possible. But as somebody who Entirely possible. But as somebody who Entirely possible. But as somebody who has just an absolute allergic reaction has just an absolute allergic reaction has just an absolute allergic reaction to um Mao, Stalin, Lenin, like a a to um Mao, Stalin, Lenin, like a a to um Mao, Stalin, Lenin, like a a massive allergic reaction. I'm looking massive allergic reaction. I'm looking massive allergic reaction. I'm looking at this going, I really hope he's losing at this going, I really hope he's losing at this going, I really hope he's losing power. Do you um have you paid close power. Do you um have you paid close power. Do you um have you paid close attention? Is he losing power? Is that attention? Is he losing power? Is that attention? Is he losing power? Is that just a pipe dream on my behalf? just a pipe dream on my behalf? just a pipe dream on my behalf? >> Well, I don't think it's just on your >> Well, I don't think it's just on your >> Well, I don't think it's just on your behalf. So, Xiinping is one of the behalf. So, Xiinping is one of the behalf. So, Xiinping is one of the strongest leaders that China has ever strongest leaders that China has ever strongest leaders that China has ever seen. Um he is very much like a Putin. seen. Um he is very much like a Putin. seen. Um he is very much like a Putin. He's very much like a Netanyahu to the He's very much like a Netanyahu to the He's very much like a Netanyahu to the Chinese. There are many people who Chinese. There are many people who Chinese. There are many people who celebrate him as a hero, not necessarily celebrate him as a hero, not necessarily celebrate him as a hero, not necessarily as any kind of villain. as any kind of villain. as any kind of villain. >> Right? >> Right? >> Right? >> So your allergic reaction is a valid >> So your allergic reaction is a valid >> So your allergic reaction is a valid reaction as a westerner, but as an reaction as a westerner, but as an reaction as a westerner, but as an eastern, we have to try to look at the eastern, we have to try to look at the eastern, we have to try to look at the situation through their eyes. under situation through their eyes. under situation through their eyes. under Xiinping in the last 10 years their Xiinping in the last 10 years their Xiinping in the last 10 years their country has modernized increased their country has modernized increased their country has modernized increased their GDP increased their global positioning GDP increased their global positioning GDP increased their global positioning increased the their um reduced their increased the their um reduced their increased the their um reduced their reliance on manual fabrication and reliance on manual fabrication and reliance on manual fabrication and manufacturing increased their reliance manufacturing increased their reliance manufacturing increased their reliance on high technology which increases their on high technology which increases their on high technology which increases their overall standing not only as a as a overall standing not only as a as a overall standing not only as a as a center of excellence in a modern first center of excellence in a modern first center of excellence in a modern first world country but also as a global world country but also as a global world country but also as a global alternative to the United States. That's alternative to the United States. That's alternative to the United States. That's what she's goal is. The reason he's what she's goal is. The reason he's what she's goal is. The reason he's turning back to Mauist tendencies isn't turning back to Mauist tendencies isn't turning back to Mauist tendencies isn't because he believes that communism is because he believes that communism is because he believes that communism is the way of the future. It's because he the way of the future. It's because he the way of the future. It's because he understands that consolidated power understands that consolidated power understands that consolidated power means he can move faster. Whereas means he can move faster. Whereas means he can move faster. Whereas >> I think he also looked at Russia and was >> I think he also looked at Russia and was >> I think he also looked at Russia and was like, "We're not going to let that like, "We're not going to let that like, "We're not going to let that happen here." happen here." happen here." >> And so these capitalists like, "Yeah, >> And so these capitalists like, "Yeah, >> And so these capitalists like, "Yeah, useful, but they get a bit uppety." But useful, but they get a bit uppety." But useful, but they get a bit uppety." But I know how to handle that I know how to handle that I know how to handle that >> possibly. But the the the point is what >> possibly. But the the the point is what >> possibly. But the the the point is what what all of the world authoritarians are what all of the world authoritarians are what all of the world authoritarians are trying to do right now, whether it's trying to do right now, whether it's trying to do right now, whether it's Putin or whether it's Netanyahu. I do Putin or whether it's Netanyahu. I do Putin or whether it's Netanyahu. I do classify him as authoritarian, right? classify him as authoritarian, right? classify him as authoritarian, right? Again, Israel is different than Jews. Again, Israel is different than Jews. Again, Israel is different than Jews. >> Israel knows that Netanyahu is an >> Israel knows that Netanyahu is an >> Israel knows that Netanyahu is an authoritarian. You know, I'm talking to authoritarian. You know, I'm talking to authoritarian. You know, I'm talking to you, Israel. you, Israel. you, Israel. >> Um, but either way, Xiinping understands >> Um, but either way, Xiinping understands >> Um, but either way, Xiinping understands that he needs to bypass the process to that he needs to bypass the process to that he needs to bypass the process to move fast enough. When you look at their move fast enough. When you look at their move fast enough. When you look at their when you look at I mean, the most when you look at I mean, the most when you look at I mean, the most obvious thing to look at is their is obvious thing to look at is their is obvious thing to look at is their is their fighter aircraft. If you compare their fighter aircraft. If you compare their fighter aircraft. If you compare Chinese fighter aircraft to American and Chinese fighter aircraft to American and Chinese fighter aircraft to American and Russian fighter aircraft, there's only Russian fighter aircraft, there's only Russian fighter aircraft, there's only like seven of them that are in like seven of them that are in like seven of them that are in production right now. Every one of their production right now. Every one of their production right now. Every one of their aircraft is almost a carbon copy of aircraft is almost a carbon copy of aircraft is almost a carbon copy of either an American model or a Russian either an American model or a Russian either an American model or a Russian model. It's crystal clear that they're model. It's crystal clear that they're model. It's crystal clear that they're fabricating based off of stolen stolen fabricating based off of stolen stolen fabricating based off of stolen stolen plans. plans. plans. >> Right? >> Right? >> Right? >> They even number them the same way. >> They even number them the same way. >> They even number them the same way. >> Right? We have an F-35. They have a J35. >> Right? We have an F-35. They have a J35. >> Right? We have an F-35. They have a J35. Why is it called J35? Because the J Why is it called J35? Because the J Why is it called J35? Because the J stands for gin, which is the word stands for gin, which is the word stands for gin, which is the word fighter in Chinese. So it's literally fighter in Chinese. So it's literally fighter in Chinese. So it's literally the F-35, right? They they have they've the F-35, right? They they have they've the F-35, right? They they have they've modeled this all the way down to the to modeled this all the way down to the to modeled this all the way down to the to the Sue 10. So they've got this they the Sue 10. So they've got this they the Sue 10. So they've got this they they copy and then they refabricate on they copy and then they refabricate on they copy and then they refabricate on their own. And that largely took off in their own. And that largely took off in their own. And that largely took off in 2017. In 2017, you started to see a huge 2017. In 2017, you started to see a huge 2017. In 2017, you started to see a huge reduction in Chinese importing of reduction in Chinese importing of reduction in Chinese importing of technology, specifically technology that technology, specifically technology that technology, specifically technology that was related to their military was related to their military was related to their military infrastructure. And it was because they infrastructure. And it was because they infrastructure. And it was because they had finally grown their own indigenous had finally grown their own indigenous had finally grown their own indigenous capability to create high performance capability to create high performance capability to create high performance weapons, high performance engines, high weapons, high performance engines, high weapons, high performance engines, high performance avionics, high performance, performance avionics, high performance, performance avionics, high performance, you name it, technology. you name it, technology. you name it, technology. >> And that started to become their new >> And that started to become their new >> And that started to become their new mantra. China knows that the United mantra. China knows that the United mantra. China knows that the United States gained global dominance because States gained global dominance because States gained global dominance because we stopped creating corn and soybeans we stopped creating corn and soybeans we stopped creating corn and soybeans and we started creating and we started creating and we started creating financial tools and we started creating financial tools and we started creating financial tools and we started creating software and we started creating weapons software and we started creating weapons software and we started creating weapons and we started creating digital and we started creating digital and we started creating digital healthcare devices, storage devices, healthcare devices, storage devices, healthcare devices, storage devices, computers, software, the cloud, etc. So computers, software, the cloud, etc. So computers, software, the cloud, etc. So that's what China's been focusing on. that's what China's been focusing on. that's what China's been focusing on. Telecom technology, AI, robotics, Telecom technology, AI, robotics, Telecom technology, AI, robotics, they've been focusing on that the whole they've been focusing on that the whole they've been focusing on that the whole time that we were focusing on a war on time that we were focusing on a war on time that we were focusing on a war on terror. So from 2001 when we got terror. So from 2001 when we got terror. So from 2001 when we got distracted by a global war on terror, distracted by a global war on terror, distracted by a global war on terror, they started focusing in on how can we they started focusing in on how can we they started focusing in on how can we just suck the west dry of technological just suck the west dry of technological just suck the west dry of technological information and use this as an information and use this as an information and use this as an opportunity to build our future economy. opportunity to build our future economy. opportunity to build our future economy. That's all under shei's guidance. So the That's all under shei's guidance. So the That's all under shei's guidance. So the average Chinese person sees the rise of average Chinese person sees the rise of average Chinese person sees the rise of their middle class. The average Chinese their middle class. The average Chinese their middle class. The average Chinese person sees more money, more power, more person sees more money, more power, more person sees more money, more power, more influence, more global standing. They influence, more global standing. They influence, more global standing. They can reach more parts of the world. The can reach more parts of the world. The can reach more parts of the world. The world welcomes the Chinese in a way it world welcomes the Chinese in a way it world welcomes the Chinese in a way it never did before outside of the United never did before outside of the United never did before outside of the United States. Do they still have a real estate States. Do they still have a real estate States. Do they still have a real estate crisis? Yes. Do they still have an aging crisis? Yes. Do they still have an aging crisis? Yes. Do they still have an aging population? Yes. But so does South population? Yes. But so does South population? Yes. But so does South Korea. So does Japan. So do lots of pro- Korea. So does Japan. So do lots of pro- Korea. So does Japan. So do lots of pro- Western Asian countries. So does the Western Asian countries. So does the Western Asian countries. So does the United States. So is it really such a United States. So is it really such a United States. So is it really such a big deal? Like we we try to keep a big deal? Like we we try to keep a big deal? Like we we try to keep a scorecard. You can't keep a scorecard scorecard. You can't keep a scorecard scorecard. You can't keep a scorecard between East and West that you couldn't between East and West that you couldn't between East and West that you couldn't imagine two more different cultures than imagine two more different cultures than imagine two more different cultures than American culture. Is Trump right to call American culture. Is Trump right to call American culture. Is Trump right to call for the lowering of interest rates or is for the lowering of interest rates or is for the lowering of interest rates or is Jerome Powell actually wise to be Jerome Powell actually wise to be Jerome Powell actually wise to be holding off holding off holding off >> in fiscal dominance? Almost everything >> in fiscal dominance? Almost everything >> in fiscal dominance? Almost everything the central bank does is wrong. That's the central bank does is wrong. That's the central bank does is wrong. That's the problem is that because if they hold the problem is that because if they hold the problem is that because if they hold interest rates high so go back to kind interest rates high so go back to kind interest rates high so go back to kind of what we said earlier. The primary of what we said earlier. The primary of what we said earlier. The primary purpose of raising interest rates is to purpose of raising interest rates is to purpose of raising interest rates is to slow down bank lending. The problem is slow down bank lending. The problem is slow down bank lending. The problem is that the the whole period of inflation that the the whole period of inflation that the the whole period of inflation we've had for the past 5 years was not we've had for the past 5 years was not we've had for the past 5 years was not caused by excessive bank lending. It was caused by excessive bank lending. It was caused by excessive bank lending. It was caused by those fiscal deficits. Uh caused by those fiscal deficits. Uh caused by those fiscal deficits. Uh Originally, it was intentional stimulus Originally, it was intentional stimulus Originally, it was intentional stimulus and now it's just kind of this this and now it's just kind of this this and now it's just kind of this this background higher deficit. So, the Fed background higher deficit. So, the Fed background higher deficit. So, the Fed in some ways has been trying to raise in some ways has been trying to raise in some ways has been trying to raise interest rates to slow down bank lending interest rates to slow down bank lending interest rates to slow down bank lending to offset the real problem which is the to offset the real problem which is the to offset the real problem which is the the federal deficits. Uh but by doing the federal deficits. Uh but by doing the federal deficits. Uh but by doing so, because the debt's over 100% GDP by so, because the debt's over 100% GDP by so, because the debt's over 100% GDP by keeping interest rates high, they're keeping interest rates high, they're keeping interest rates high, they're also actually keeping the deficit high also actually keeping the deficit high also actually keeping the deficit high because they're keeping uh federal uh because they're keeping uh federal uh because they're keeping uh federal uh rates high. Uh and yet if they if they rates high. Uh and yet if they if they rates high. Uh and yet if they if they cut interest rates while you have stocks cut interest rates while you have stocks cut interest rates while you have stocks at all-time highs, gold at all-time at all-time highs, gold at all-time at all-time highs, gold at all-time highs, Bitcoin at all-time highs, uh you highs, Bitcoin at all-time highs, uh you highs, Bitcoin at all-time highs, uh you know, property values at all-time highs, know, property values at all-time highs, know, property values at all-time highs, then they're adding fuel to the fire, then they're adding fuel to the fire, then they're adding fuel to the fire, too. And that's why you get to that too. And that's why you get to that too. And that's why you get to that statistic where 98% of economies when statistic where 98% of economies when statistic where 98% of economies when they reach these debt levels tend to they reach these debt levels tend to they reach these debt levels tend to have some sort of default, which which have some sort of default, which which have some sort of default, which which can be through purchasing power because can be through purchasing power because can be through purchasing power because their own central bank kind of runs out their own central bank kind of runs out their own central bank kind of runs out of options. Um, and so I I think that, of options. Um, and so I I think that, of options. Um, and so I I think that, you know, it's probably due for a mild you know, it's probably due for a mild you know, it's probably due for a mild cut uh just based on the on the cut uh just based on the on the cut uh just based on the on the deterioration of economic conditions, deterioration of economic conditions, deterioration of economic conditions, but I view that as a much like a smaller but I view that as a much like a smaller but I view that as a much like a smaller lever uh to pull than the fiscal lever uh to pull than the fiscal lever uh to pull than the fiscal situation. uh kind of one way of putting situation. uh kind of one way of putting situation. uh kind of one way of putting it is that when the money's weak, people it is that when the money's weak, people it is that when the money's weak, people will monetize other things and then by will monetize other things and then by will monetize other things and then by doing so they make those things uh less doing so they make those things uh less doing so they make those things uh less available to those who just want to hold available to those who just want to hold available to those who just want to hold them for their actual utility use not them for their actual utility use not them for their actual utility use not their monetary use. Uh and so by their monetary use. Uh and so by their monetary use. Uh and so by monetizing our equity market, by monetizing our equity market, by monetizing our equity market, by monetizing our real estate market, uh at monetizing our real estate market, uh at monetizing our real estate market, uh at because our money's weak, it causes all because our money's weak, it causes all because our money's weak, it causes all these more structural imbalances and these more structural imbalances and these more structural imbalances and therefore they causes periods of therefore they causes periods of therefore they causes periods of malinvestment and it causes that kind of malinvestment and it causes that kind of malinvestment and it causes that kind of along with other policy decisions is along with other policy decisions is along with other policy decisions is those high levels of wealth those high levels of wealth those high levels of wealth concentration. concentration. concentration. >> Okay. So, if I'm understanding you >> Okay. So, if I'm understanding you >> Okay. So, if I'm understanding you correctly, the way that Jerome Powell is correctly, the way that Jerome Powell is correctly, the way that Jerome Powell is looking at this, uh, he knows what you looking at this, uh, he knows what you looking at this, uh, he knows what you know, which is I don't really have any know, which is I don't really have any know, which is I don't really have any great options. But the one thing that if great options. But the one thing that if great options. But the one thing that if the real problem is the government is the real problem is the government is the real problem is the government is taking on too much debt that's causing taking on too much debt that's causing taking on too much debt that's causing them to print a bunch of money that's them to print a bunch of money that's them to print a bunch of money that's causing the high inflation. Um, then it causing the high inflation. Um, then it causing the high inflation. Um, then it seems like I should be trying to pull seems like I should be trying to pull seems like I should be trying to pull down the interest rate. Obviously, I down the interest rate. Obviously, I down the interest rate. Obviously, I need to find a sweet spot, but I should need to find a sweet spot, but I should need to find a sweet spot, but I should be trying to pull down the interest rate be trying to pull down the interest rate be trying to pull down the interest rate um knowing that I'm going to have a um knowing that I'm going to have a um knowing that I'm going to have a bigger impact on the government, bigger impact on the government, bigger impact on the government, certainly at first, than I would have on certainly at first, than I would have on certainly at first, than I would have on the banks than suddenly going crazy the banks than suddenly going crazy the banks than suddenly going crazy because I have a bigger problem with the because I have a bigger problem with the because I have a bigger problem with the acrual of uh compounding interest acrual of uh compounding interest acrual of uh compounding interest because we're adding right now a because we're adding right now a because we're adding right now a trillion dollar every 100 days to the um trillion dollar every 100 days to the um trillion dollar every 100 days to the um government uh deficit, which is just government uh deficit, which is just government uh deficit, which is just absolutely insane. So, why wouldn't that absolutely insane. So, why wouldn't that absolutely insane. So, why wouldn't that alone be a signal to like, bro, look, alone be a signal to like, bro, look, alone be a signal to like, bro, look, there's obviously a breaking point and there's obviously a breaking point and there's obviously a breaking point and then you're going to trigger the private then you're going to trigger the private then you're going to trigger the private market too much, but uh we we've got to market too much, but uh we we've got to market too much, but uh we we've got to bring this public debt uh interest bring this public debt uh interest bring this public debt uh interest payment down. payment down. payment down. I think because the optics are so bad, I think because the optics are so bad, I think because the optics are so bad, like a key part of central banking is like a key part of central banking is like a key part of central banking is that they're supposed to have some that they're supposed to have some that they're supposed to have some degree of kind of optical independence, degree of kind of optical independence, degree of kind of optical independence, which is that they're they're focusing which is that they're they're focusing which is that they're they're focusing on their mandates, you know, employment on their mandates, you know, employment on their mandates, you know, employment levels, uh inflation, things like that. levels, uh inflation, things like that. levels, uh inflation, things like that. And they're not really supposed to take And they're not really supposed to take And they're not really supposed to take in account uh the the fiscal situation in account uh the the fiscal situation in account uh the the fiscal situation of the country. Uh and yet in practice, of the country. Uh and yet in practice, of the country. Uh and yet in practice, of course, you find that that they, you of course, you find that that they, you of course, you find that that they, you know, when the when the rubber meets the know, when the when the rubber meets the know, when the when the rubber meets the road, they do. So when there's a war, road, they do. So when there's a war, road, they do. So when there's a war, when there's a fiscal crisis, the when there's a fiscal crisis, the when there's a fiscal crisis, the central bank's options shrink because at central bank's options shrink because at central bank's options shrink because at the end of the day, they have to kind of the end of the day, they have to kind of the end of the day, they have to kind of support that bond market. And so we saw support that bond market. And so we saw support that bond market. And so we saw this um you know in in recent years. And this um you know in in recent years. And this um you know in in recent years. And basically from their perspective, they basically from their perspective, they basically from their perspective, they can't say out loud that because the the can't say out loud that because the the can't say out loud that because the the debt's a problem that we have to kind of debt's a problem that we have to kind of debt's a problem that we have to kind of change how we would otherwise do things. change how we would otherwise do things. change how we would otherwise do things. And I think actually like that going And I think actually like that going And I think actually like that going back to my prior point where I would say back to my prior point where I would say back to my prior point where I would say it's hard to criticize the the head of it's hard to criticize the the head of it's hard to criticize the the head of the central bank even though I'm kind of the central bank even though I'm kind of the central bank even though I'm kind of critical of the whole practice of critical of the whole practice of critical of the whole practice of central banking. The one thing I think central banking. The one thing I think central banking. The one thing I think that it's fair to be critical of is the that it's fair to be critical of is the that it's fair to be critical of is the asymmetric um uh talking point they've asymmetric um uh talking point they've asymmetric um uh talking point they've had around the fiscal deficit. So for had around the fiscal deficit. So for had around the fiscal deficit. So for example during co during the depths of example during co during the depths of example during co during the depths of it the the federal uh the head of the it the the federal uh the head of the it the the federal uh the head of the Fed called for more fiscal. He basically Fed called for more fiscal. He basically Fed called for more fiscal. He basically said our tools are limited here given said our tools are limited here given said our tools are limited here given what's happening. We need more fiscal what's happening. We need more fiscal what's happening. We need more fiscal spending. uh and they got that there was spending. uh and they got that there was spending. uh and they got that there was of course very large uh stimulus efforts of course very large uh stimulus efforts of course very large uh stimulus efforts and now on the other side of that they and now on the other side of that they and now on the other side of that they won't go out and say that the opposite won't go out and say that the opposite won't go out and say that the opposite they won't say that our our ability to they won't say that our our ability to they won't say that our our ability to control inflation and kind of tweak all control inflation and kind of tweak all control inflation and kind of tweak all this is being hampered by the fiscal this is being hampered by the fiscal this is being hampered by the fiscal side that basically our tools are not side that basically our tools are not side that basically our tools are not geared to to doing that and if anything geared to to doing that and if anything geared to to doing that and if anything could make it worse uh so they have to could make it worse uh so they have to could make it worse uh so they have to kind of show confidence and say look we kind of show confidence and say look we kind of show confidence and say look we got this our tools can fix this but the got this our tools can fix this but the got this our tools can fix this but the problem is that I I think it it doesn't problem is that I I think it it doesn't problem is that I I think it it doesn't uh that basically that their their tools uh that basically that their their tools uh that basically that their their tools are largely unrelated to what the core are largely unrelated to what the core are largely unrelated to what the core issue is. Uh and and you know, I think issue is. Uh and and you know, I think issue is. Uh and and you know, I think that the first step is basically to say that the first step is basically to say that the first step is basically to say that uh and they're not doing that part. that uh and they're not doing that part. that uh and they're not doing that part. >> That's interesting. So, let me give you >> That's interesting. So, let me give you >> That's interesting. So, let me give you uh my layman's counterpoint to this, uh my layman's counterpoint to this, uh my layman's counterpoint to this, which would be I'm the Fed. I'm J. which would be I'm the Fed. I'm J. which would be I'm the Fed. I'm J. Powell. I look at this and I know one Powell. I look at this and I know one Powell. I look at this and I know one simple thing. If I jack up interest simple thing. If I jack up interest simple thing. If I jack up interest rates, you're going to have to spend rates, you're going to have to spend rates, you're going to have to spend less because you are going to hit a less because you are going to hit a less because you are going to hit a point where it is just absolutely point where it is just absolutely point where it is just absolutely untenable for you to keep spending what untenable for you to keep spending what untenable for you to keep spending what you're spending. Um, is it that Jerome you're spending. Um, is it that Jerome you're spending. Um, is it that Jerome Pal knows, oh, we'll hit a political Pal knows, oh, we'll hit a political Pal knows, oh, we'll hit a political crisis first, they'll oust me. They'll crisis first, they'll oust me. They'll crisis first, they'll oust me. They'll find some way. They'll oust me before find some way. They'll oust me before find some way. They'll oust me before that because other than that, like this that because other than that, like this that because other than that, like this is one of those where he once said is one of those where he once said is one of those where he once said something akin to um I want to be in a something akin to um I want to be in a something akin to um I want to be in a position where uh I can raise interest position where uh I can raise interest position where uh I can raise interest rates because it's essentially breaking rates because it's essentially breaking rates because it's essentially breaking the leg of the economy and I know how to the leg of the economy and I know how to the leg of the economy and I know how to heal a broken leg. Uh so he like gets heal a broken leg. Uh so he like gets heal a broken leg. Uh so he like gets that that's exactly what would happen. that that's exactly what would happen. that that's exactly what would happen. So why isn't he doing that if if he's So why isn't he doing that if if he's So why isn't he doing that if if he's really trying to control inflation? He really trying to control inflation? He really trying to control inflation? He has to do that. has to do that. has to do that. >> Yeah, I think I think that's what he has >> Yeah, I think I think that's what he has >> Yeah, I think I think that's what he has been trying to do, which is by holding been trying to do, which is by holding been trying to do, which is by holding interest rates high. Uh it makes the interest rates high. Uh it makes the interest rates high. Uh it makes the dollar fairly strong compared to other dollar fairly strong compared to other dollar fairly strong compared to other currencies. It kind of puts pressure on currencies. It kind of puts pressure on currencies. It kind of puts pressure on the rest of the world. Uh it does keep the rest of the world. Uh it does keep the rest of the world. Uh it does keep commodity prices in check. For example, commodity prices in check. For example, commodity prices in check. For example, you know, oil, generally speaking, it's you know, oil, generally speaking, it's you know, oil, generally speaking, it's hard to have out of control inflation if hard to have out of control inflation if hard to have out of control inflation if oil prices are pretty low, which they oil prices are pretty low, which they oil prices are pretty low, which they are. Uh so it's having those effects, are. Uh so it's having those effects, are. Uh so it's having those effects, but then the problem is it's grinding but then the problem is it's grinding but then the problem is it's grinding out more and more of this public debt uh out more and more of this public debt uh out more and more of this public debt uh which is actually ironically spewing which is actually ironically spewing which is actually ironically spewing more dollars into the market. The more dollars into the market. The more dollars into the market. The problem is that in in kind of no world problem is that in in kind of no world problem is that in in kind of no world if there was like an acute bond crisis if there was like an acute bond crisis if there was like an acute bond crisis would they kind of blink and just let it would they kind of blink and just let it would they kind of blink and just let it happen because one of their kind of happen because one of their kind of happen because one of their kind of shadow mandates is financial stability shadow mandates is financial stability shadow mandates is financial stability and that goes at the heart of financial and that goes at the heart of financial and that goes at the heart of financial stability. A really good example is the stability. A really good example is the stability. A really good example is the Bank of England uh which which was under Bank of England uh which which was under Bank of England uh which which was under similar strain. So back in 2022, uh similar strain. So back in 2022, uh similar strain. So back in 2022, uh inflation there was like 10%. Um the the inflation there was like 10%. Um the the inflation there was like 10%. Um the the Bank of England was going to do a speech Bank of England was going to do a speech Bank of England was going to do a speech around balance sheet reduction. Uh so around balance sheet reduction. Uh so around balance sheet reduction. Uh so quantitative tightening and then the quantitative tightening and then the quantitative tightening and then the guilt crisis happened. So for people guilt crisis happened. So for people guilt crisis happened. So for people that that aren't familiar, uh the UK's that that aren't familiar, uh the UK's that that aren't familiar, uh the UK's sovereign bond market kind of broke. Uh sovereign bond market kind of broke. Uh sovereign bond market kind of broke. Uh it was just kind of this leveraged uh it was just kind of this leveraged uh it was just kind of this leveraged uh vicious cycle. So yields were rapidly vicious cycle. So yields were rapidly vicious cycle. So yields were rapidly rising, causing more entities to sell. rising, causing more entities to sell. rising, causing more entities to sell. And ironically, the the Bank of England And ironically, the the Bank of England And ironically, the the Bank of England had to cancel their speech on balance had to cancel their speech on balance had to cancel their speech on balance sheet reduction and they had to go and sheet reduction and they had to go and sheet reduction and they had to go and buy the bonds uh despite the fact that buy the bonds uh despite the fact that buy the bonds uh despite the fact that inflation was 10%. Uh so they they did inflation was 10%. Uh so they they did inflation was 10%. Uh so they they did something that is normally only done something that is normally only done something that is normally only done >> uh in a low inflation environment. Uh >> uh in a low inflation environment. Uh >> uh in a low inflation environment. Uh and they basically had to do it out of and they basically had to do it out of and they basically had to do it out of an emergency uh to maintain kind of just an emergency uh to maintain kind of just an emergency uh to maintain kind of just functioning like sovereign bond markets functioning like sovereign bond markets functioning like sovereign bond markets because everything would have kind of because everything would have kind of because everything would have kind of ground to a halt. And you know I think ground to a halt. And you know I think ground to a halt. And you know I think we would see the similar thing in the US we would see the similar thing in the US we would see the similar thing in the US that basically they can try to pretend that basically they can try to pretend that basically they can try to pretend as though uh that by increasing interest as though uh that by increasing interest as though uh that by increasing interest rates that they would maybe change the rates that they would maybe change the rates that they would maybe change the the fiscal trajectory of the country but the fiscal trajectory of the country but the fiscal trajectory of the country but I think in practice the problem is that I think in practice the problem is that I think in practice the problem is that the fiscal side would pretty much just the fiscal side would pretty much just the fiscal side would pretty much just ignore them uh as they have recently for ignore them uh as they have recently for ignore them uh as they have recently for example the big beautiful bill doesn't example the big beautiful bill doesn't example the big beautiful bill doesn't really have deficit reduction as part of really have deficit reduction as part of really have deficit reduction as part of it. The only thing that that kind of it. The only thing that that kind of it. The only thing that that kind of some ways is is deficit reduction is the some ways is is deficit reduction is the some ways is is deficit reduction is the tariffs. Um but basically there's tariffs. Um but basically there's tariffs. Um but basically there's there's been kind of no change during there's been kind of no change during there's been kind of no change during that process and if they actually were that process and if they actually were that process and if they actually were to get called out on it with some sort to get called out on it with some sort to get called out on it with some sort of bond issue um I think we'd see that of bond issue um I think we'd see that of bond issue um I think we'd see that the Fed pretty much right in there. We the Fed pretty much right in there. We the Fed pretty much right in there. We also saw this back during the uh 2023 also saw this back during the uh 2023 also saw this back during the uh 2023 regional bank crisis. So inflation was regional bank crisis. So inflation was regional bank crisis. So inflation was still above target back then even more still above target back then even more still above target back then even more than it is now. Um and you know if they than it is now. Um and you know if they than it is now. Um and you know if they let banks fail that does destroy part of let banks fail that does destroy part of let banks fail that does destroy part of the money supply. Uh but they were more the money supply. Uh but they were more the money supply. Uh but they were more worried about the cascading perceptions worried about the cascading perceptions worried about the cascading perceptions of bank instability. So they actually of bank instability. So they actually of bank instability. So they actually went to a period of temporarily balance went to a period of temporarily balance went to a period of temporarily balance sheet increases and liquidity provision sheet increases and liquidity provision sheet increases and liquidity provision to put out that fire despite the fact to put out that fire despite the fact to put out that fire despite the fact that inflation was above target. So that inflation was above target. So that inflation was above target. So generally speaking whenever they generally speaking whenever they generally speaking whenever they actually run into a true crisis uh they actually run into a true crisis uh they actually run into a true crisis uh they do generally heir toward allowing that do generally heir toward allowing that do generally heir toward allowing that inflation uh keeping things nominally inflation uh keeping things nominally inflation uh keeping things nominally together uh and then trying to slow together uh and then trying to slow together uh and then trying to slow things down in the future. things down in the future. things down in the future. >> Okay. So, uh, if I remember correctly, >> Okay. So, uh, if I remember correctly, >> Okay. So, uh, if I remember correctly, it was Vulkar that raised rates north of it was Vulkar that raised rates north of it was Vulkar that raised rates north of 10%, I want to say north of 15%. Like, 10%, I want to say north of 15%. Like, 10%, I want to say north of 15%. Like, it was wild. Uh, he was what? Able to do it was wild. Uh, he was what? Able to do it was wild. Uh, he was what? Able to do that because government debt was so low. that because government debt was so low. that because government debt was so low. Like, why couldn't we run that playbook Like, why couldn't we run that playbook Like, why couldn't we run that playbook now? now? now? >> Exactly. He was able to do that because >> Exactly. He was able to do that because >> Exactly. He was able to do that because total total debt levels, both public and total total debt levels, both public and total total debt levels, both public and private, were low. And in particular, private, were low. And in particular, private, were low. And in particular, the primary cause of inflation, in the primary cause of inflation, in the primary cause of inflation, in addition to the oil shortages, was that addition to the oil shortages, was that addition to the oil shortages, was that elevated rate of bank lending. So he elevated rate of bank lending. So he elevated rate of bank lending. So he went after the actual kind of root cause went after the actual kind of root cause went after the actual kind of root cause uh which was the the accelerated bank uh which was the the accelerated bank uh which was the the accelerated bank lending and he made bank borrowing bank lending and he made bank borrowing bank lending and he made bank borrowing bank lending less attractive by raising lending less attractive by raising lending less attractive by raising interest rates. So in addition to interest rates. So in addition to interest rates. So in addition to solving the oil constraints that was solving the oil constraints that was solving the oil constraints that was kind of the one-two punch that helped kind of the one-two punch that helped kind of the one-two punch that helped get that inflation under control. The get that inflation under control. The get that inflation under control. The problem in this environment is excessive problem in this environment is excessive problem in this environment is excessive bank lending is not the cause of bank lending is not the cause of bank lending is not the cause of inflation. And both in the private inflation. And both in the private inflation. And both in the private market and the public market debt's very market and the public market debt's very market and the public market debt's very high. So if you jack up rates super high. So if you jack up rates super high. So if you jack up rates super high, you actually blow out the deficit high, you actually blow out the deficit high, you actually blow out the deficit even more. Um, and that's that's I mean even more. Um, and that's that's I mean even more. Um, and that's that's I mean that's for example why Argentina, I mean that's for example why Argentina, I mean that's for example why Argentina, I mean they had very high rates for for quite a they had very high rates for for quite a they had very high rates for for quite a while and it didn't really slow down while and it didn't really slow down while and it didn't really slow down their inflation or their deficit because their inflation or their deficit because their inflation or their deficit because it's not a bank lending issue primarily. it's not a bank lending issue primarily. it's not a bank lending issue primarily. It's a fiscal issue. So certain tools It's a fiscal issue. So certain tools It's a fiscal issue. So certain tools work when the problem is coming from work when the problem is coming from work when the problem is coming from certain things. So in this case, the the certain things. So in this case, the the certain things. So in this case, the the Federal Reserve has tools to deal with Federal Reserve has tools to deal with Federal Reserve has tools to deal with bankdriven inflation, but they just bankdriven inflation, but they just bankdriven inflation, but they just don't really have the tools to deal with don't really have the tools to deal with don't really have the tools to deal with fiscal uh driven inflation. That's fiscal uh driven inflation. That's fiscal uh driven inflation. That's mostly a president and Congress uh mostly a president and Congress uh mostly a president and Congress uh thing. And that's, you know, that that's thing. And that's, you know, that that's thing. And that's, you know, that that's the part that has to be addressed and the part that has to be addressed and the part that has to be addressed and it's not. it's not. it's not. >> So what I'm hearing uh is that this is >> So what I'm hearing uh is that this is >> So what I'm hearing uh is that this is where we realize that the Federal where we realize that the Federal where we realize that the Federal Reserve, the central bank really isn't Reserve, the central bank really isn't Reserve, the central bank really isn't independent. Uh because if the independent. Uh because if the independent. Uh because if the government wants to spend, they are government wants to spend, they are government wants to spend, they are going to spend because he has assuming going to spend because he has assuming going to spend because he has assuming that there was true independence. The that there was true independence. The that there was true independence. The Fed could just say uh you guys are $2 Fed could just say uh you guys are $2 Fed could just say uh you guys are $2 trillion a year over budget and we're trillion a year over budget and we're trillion a year over budget and we're going to keep cranking up the interest going to keep cranking up the interest going to keep cranking up the interest rate until you balance your budget and rate until you balance your budget and rate until you balance your budget and then we will um you know lower it again. then we will um you know lower it again. then we will um you know lower it again. Uh and then the government would be Uh and then the government would be Uh and then the government would be like, "Oh my god, like this would be like, "Oh my god, like this would be like, "Oh my god, like this would be disastrous. So we're going to have to disastrous. So we're going to have to disastrous. So we're going to have to balance our budget." That clearly balance our budget." That clearly balance our budget." That clearly doesn't happen. I mean, I'm hearing you. doesn't happen. I mean, I'm hearing you. doesn't happen. I mean, I'm hearing you. You're being very clear. minus a You're being very clear. minus a You're being very clear. minus a political problem that seems like political problem that seems like political problem that seems like basically set another way, when it's basically set another way, when it's basically set another way, when it's people, the private sector that's people, the private sector that's people, the private sector that's getting out of hand, too much bank getting out of hand, too much bank getting out of hand, too much bank lending, the Fed just slaps them around, lending, the Fed just slaps them around, lending, the Fed just slaps them around, raises interest rates until they calm raises interest rates until they calm raises interest rates until they calm down. But when it's the government doing down. But when it's the government doing down. But when it's the government doing the same thing, printing too much money, the same thing, printing too much money, the same thing, printing too much money, they're like, "Oh, gee, well, we don't they're like, "Oh, gee, well, we don't they're like, "Oh, gee, well, we don't have anything that we can do to stop have anything that we can do to stop have anything that we can do to stop this." Yes, you do. Raise interest this." Yes, you do. Raise interest this." Yes, you do. Raise interest rates. rates. rates. >> Yeah, pretty much. if they were willing >> Yeah, pretty much. if they were willing >> Yeah, pretty much. if they were willing to let the sovereign default uh or have to let the sovereign default uh or have to let the sovereign default uh or have basically illquid action in its bond basically illquid action in its bond basically illquid action in its bond market um then that could affect it. Um market um then that could affect it. Um market um then that could affect it. Um but kind of if you just look at but kind of if you just look at but kind of if you just look at >> so it's purely that it's you're you're >> so it's purely that it's you're you're >> so it's purely that it's you're you're going to end up doing a hard default and going to end up doing a hard default and going to end up doing a hard default and that's why we're going to keep going. Uh that's why we're going to keep going. Uh that's why we're going to keep going. Uh one did I understand that correctly and one did I understand that correctly and one did I understand that correctly and two are you like yes dummy that's what two are you like yes dummy that's what two are you like yes dummy that's what they should do? they should do? they should do? um I actually don't because it go it um I actually don't because it go it um I actually don't because it go it actually ends up hitting their mandate. actually ends up hitting their mandate. actually ends up hitting their mandate. The problem with the default is then it The problem with the default is then it The problem with the default is then it cascades through the whole system. So cascades through the whole system. So cascades through the whole system. So for example, banks uh they hold for example, banks uh they hold for example, banks uh they hold treasuries. Uh so if if the US treasuries. Uh so if if the US treasuries. Uh so if if the US government defaults uh basically banks government defaults uh basically banks government defaults uh basically banks risk becoming insolvent. So then risk becoming insolvent. So then risk becoming insolvent. So then people's accounts at the banks risk people's accounts at the banks risk people's accounts at the banks risk becoming insolvent. Same for their becoming insolvent. Same for their becoming insolvent. Same for their insurers. Uh same for retirees, right? insurers. Uh same for retirees, right? insurers. Uh same for retirees, right? Uh that's generally speaking why they Uh that's generally speaking why they Uh that's generally speaking why they wouldn't just say, you know what, let wouldn't just say, you know what, let wouldn't just say, you know what, let let's let default happen. uh they always let's let default happen. uh they always let's let default happen. uh they always instead say look we can do a gradual instead say look we can do a gradual instead say look we can do a gradual default through debasement and inflation default through debasement and inflation default through debasement and inflation that's almost how they always do it. Uh that's almost how they always do it. Uh that's almost how they always do it. Uh and the problem is that if if the if the and the problem is that if if the if the and the problem is that if if the if the if they start doing that approach which if they start doing that approach which if they start doing that approach which they almost always do and they currently they almost always do and they currently they almost always do and they currently are uh but then the actual things remain are uh but then the actual things remain are uh but then the actual things remain unresolved. So we have entitlement form unresolved. So we have entitlement form unresolved. So we have entitlement form that doesn't happen or you know a that doesn't happen or you know a that doesn't happen or you know a Pentagon audit and and clear out you Pentagon audit and and clear out you Pentagon audit and and clear out you know pork in in defense spending and know pork in in defense spending and know pork in in defense spending and make sure that's all right sized. If make sure that's all right sized. If make sure that's all right sized. If none of that happens then it just kind none of that happens then it just kind none of that happens then it just kind of keeps of keeps of keeps over time accumulating. And so people over time accumulating. And so people over time accumulating. And so people going back to my earlier point, it's not going back to my earlier point, it's not going back to my earlier point, it's not that we have one big debt crisis, it's that we have one big debt crisis, it's that we have one big debt crisis, it's that we have a bunch of little mini ones that we have a bunch of little mini ones that we have a bunch of little mini ones all in a row. So think about that that all in a row. So think about that that all in a row. So think about that that UK guilt crisis was a debt crisis even UK guilt crisis was a debt crisis even UK guilt crisis was a debt crisis even though it wasn't, you know, wasn't the though it wasn't, you know, wasn't the though it wasn't, you know, wasn't the end of England. It was just a a crisis end of England. It was just a a crisis end of England. It was just a a crisis that they put the fire out, they kicked that they put the fire out, they kicked that they put the fire out, they kicked the can down the road, they'll have the can down the road, they'll have the can down the road, they'll have another one. And the same thing happens another one. And the same thing happens another one. And the same thing happens generally speaking in the US where it generally speaking in the US where it generally speaking in the US where it generally comes out in the form of generally comes out in the form of generally comes out in the form of inflation, comes out in the form of inflation, comes out in the form of inflation, comes out in the form of populism. And then the problem is it populism. And then the problem is it populism. And then the problem is it just keeps getting worse until there's just keeps getting worse until there's just keeps getting worse until there's some sort of pretty radical change. And some sort of pretty radical change. And some sort of pretty radical change. And if you look at public polls, people if you look at public polls, people if you look at public polls, people don't want to cut Social Security. They don't want to cut Social Security. They don't want to cut Social Security. They don't want to cut Medicare. They don't don't want to cut Medicare. They don't don't want to cut Medicare. They don't want to cut uh a lot of these key want to cut uh a lot of these key want to cut uh a lot of these key things. Uh and so I think we have to things. Uh and so I think we have to things. Uh and so I think we have to probably go through a lot more pain probably go through a lot more pain probably go through a lot more pain before we potentially come out on the before we potentially come out on the before we potentially come out on the other side of this uh stronger. I agree other side of this uh stronger. I agree other side of this uh stronger. I agree that this is a super precarious moment that this is a super precarious moment that this is a super precarious moment and boy do I wish that everybody could and boy do I wish that everybody could and boy do I wish that everybody could just say can't we all get along but we just say can't we all get along but we just say can't we all get along but we won't. That that I I'll just take off won't. That that I I'll just take off won't. That that I I'll just take off the table. That's not going to happen. the table. That's not going to happen. the table. That's not going to happen. And given that that's not going to And given that that's not going to And given that that's not going to happen, how else do you play it? When we happen, how else do you play it? When we happen, how else do you play it? When we get to the point where we take out the get to the point where we take out the get to the point where we take out the capitalist capitalist capitalist arbitrage which was the entire idea of a arbitrage which was the entire idea of a arbitrage which was the entire idea of a capitalist is how can I get labor or you capitalist is how can I get labor or you capitalist is how can I get labor or you know manpower to do the work for less know manpower to do the work for less know manpower to do the work for less than what I can sell it for. Right now than what I can sell it for. Right now than what I can sell it for. Right now interestingly as we take humans out of interestingly as we take humans out of interestingly as we take humans out of the workforce it equalizes across the the workforce it equalizes across the the workforce it equalizes across the world it's 5 years away okay could be world it's 5 years away okay could be world it's 5 years away okay could be sooner by the way if we start with sooner by the way if we start with sooner by the way if we start with interesting industries. The the second interesting industries. The the second interesting industries. The the second is and I say that with a ton of respect is and I say that with a ton of respect is and I say that with a ton of respect is when at war war does not have to be is when at war war does not have to be is when at war war does not have to be aggressive. aggressive. aggressive. Okay. So, so the idea here of pissing Okay. So, so the idea here of pissing Okay. So, so the idea here of pissing off Taiwan uh sorry, pissing off China off Taiwan uh sorry, pissing off China off Taiwan uh sorry, pissing off China around Taiwan around Taiwan around Taiwan makes makes China who also depends on makes makes China who also depends on makes makes China who also depends on Taiwan for for the chips of everything Taiwan for for the chips of everything Taiwan for for the chips of everything that they make, right? Uh basically that they make, right? Uh basically that they make, right? Uh basically think the same way. So, so if America think the same way. So, so if America think the same way. So, so if America has foothold over Taiwan, we China are has foothold over Taiwan, we China are has foothold over Taiwan, we China are afraid. So, you're escalating the fear. afraid. So, you're escalating the fear. afraid. So, you're escalating the fear. Okay. The opposite is true. The opposite Okay. The opposite is true. The opposite Okay. The opposite is true. The opposite is to say again like we said with CERN is to say again like we said with CERN is to say again like we said with CERN you know can we agree that Taiwan is you know can we agree that Taiwan is you know can we agree that Taiwan is just going to be uh continuing to just going to be uh continuing to just going to be uh continuing to support everyone right and and I think support everyone right and and I think support everyone right and and I think that's a conversation that is very that's a conversation that is very that's a conversation that is very difficult to have but if it is the the difficult to have but if it is the the difficult to have but if it is the the switch between humanity's existence and switch between humanity's existence and switch between humanity's existence and continuation and not it will get continuation and not it will get continuation and not it will get resolved the third which I think is resolved the third which I think is resolved the third which I think is really where the core issue is is really where the core issue is is really where the core issue is is you know when times get tough we tend to you know when times get tough we tend to you know when times get tough we tend to do more of what we know how to do best. do more of what we know how to do best. do more of what we know how to do best. Okay, which is normally what got things Okay, which is normally what got things Okay, which is normally what got things to be tough any in the first place, to be tough any in the first place, to be tough any in the first place, right? So when when when you know when right? So when when when you know when right? So when when when you know when America competes with China on America competes with China on America competes with China on artificial intelligence, for example, artificial intelligence, for example, artificial intelligence, for example, they sort of say, okay, only H80s, no they sort of say, okay, only H80s, no they sort of say, okay, only H80s, no H100s in Nvidia chips, uh you know, H100s in Nvidia chips, uh you know, H100s in Nvidia chips, uh you know, we're going to sanction you from this, we're going to sanction you from this, we're going to sanction you from this, you know, we're going to make it illegal you know, we're going to make it illegal you know, we're going to make it illegal for people to invest in China. We're for people to invest in China. We're for people to invest in China. We're going to do this, we're going to do going to do this, we're going to do going to do this, we're going to do that. Uh you know, no more uh Chinese that. Uh you know, no more uh Chinese that. Uh you know, no more uh Chinese students can come and study in America. students can come and study in America. students can come and study in America. Da da da da da. Okay. And and those Da da da da da. Okay. And and those Da da da da da. Okay. And and those tactics tactics tactics could work if China was 70 years ago could work if China was 70 years ago could work if China was 70 years ago starving to death. Okay. When you do you starving to death. Okay. When you do you starving to death. Okay. When you do you take those tax tactics against this take those tax tactics against this take those tax tactics against this China, they immediately say, "Okay, how China, they immediately say, "Okay, how China, they immediately say, "Okay, how much does it cost for us to create our much does it cost for us to create our much does it cost for us to create our own fabs and create our own microchips, own fabs and create our own microchips, own fabs and create our own microchips, right? How much does it, you know, what right? How much does it, you know, what right? How much does it, you know, what can what do we need to change about our can what do we need to change about our can what do we need to change about our students so that they become the best in students so that they become the best in students so that they become the best in the world?" 42% of all AI scientists in the world?" 42% of all AI scientists in the world?" 42% of all AI scientists in America are Chinese. Who's being hurt by America are Chinese. Who's being hurt by America are Chinese. Who's being hurt by that fight? It's America. that fight? It's America. that fight? It's America. Okay. And and it's, you know, it is Okay. And and it's, you know, it is Okay. And and it's, you know, it is interesting that the American people are interesting that the American people are interesting that the American people are not fully informed of this that that, not fully informed of this that that, not fully informed of this that that, you know, those bully strategies are now you know, those bully strategies are now you know, those bully strategies are now met with the world saying, "Okay, you met with the world saying, "Okay, you met with the world saying, "Okay, you know what? If if you're going to know what? If if you're going to know what? If if you're going to sanction Russia by taking $300 billion sanction Russia by taking $300 billion sanction Russia by taking $300 billion out of the Russian oligarchs, then by out of the Russian oligarchs, then by out of the Russian oligarchs, then by definition, okay, every other oligarch definition, okay, every other oligarch definition, okay, every other oligarch in the world is going to deolarize. in the world is going to deolarize. in the world is going to deolarize. Now, instead of you saying, you know Now, instead of you saying, you know Now, instead of you saying, you know what, I'm going to, you know, tap the what, I'm going to, you know, tap the what, I'm going to, you know, tap the table and I'm going to shout at everyone table and I'm going to shout at everyone table and I'm going to shout at everyone and I'm going to be even more bully. and I'm going to be even more bully. and I'm going to be even more bully. Okay, you might as well say, okay, guys, Okay, you might as well say, okay, guys, Okay, you might as well say, okay, guys, you know what? I understand that upset you know what? I understand that upset you know what? I understand that upset you. Can we talk? Right? because the one you. Can we talk? Right? because the one you. Can we talk? Right? because the one that's being hurt by this is the that's being hurt by this is the that's being hurt by this is the American people. Okay? The the American American people. Okay? The the American American people. Okay? The the American policy somehow is running in a way that policy somehow is running in a way that policy somehow is running in a way that basically says do more of what you know basically says do more of what you know basically says do more of what you know how to do best. Now the the more how to do best. Now the the more how to do best. Now the the more interesting part of this Tom and I I interesting part of this Tom and I I interesting part of this Tom and I I really urge you to think about this is really urge you to think about this is really urge you to think about this is that Russia sorry uh China historically that Russia sorry uh China historically that Russia sorry uh China historically has never in all of history invaded has never in all of history invaded has never in all of history invaded outside its border ever. Okay, there was outside its border ever. Okay, there was outside its border ever. Okay, there was one case in Vietnam which was again one case in Vietnam which was again one case in Vietnam which was again instigated by the US, right? And it instigated by the US, right? And it instigated by the US, right? And it didn't last for long. Now the the other didn't last for long. Now the the other didn't last for long. Now the the other side of this is that if you look at the side of this is that if you look at the side of this is that if you look at the war at the map of the world today with war at the map of the world today with war at the map of the world today with with America having 180 plus bases, you with America having 180 plus bases, you with America having 180 plus bases, you know, military bases across the world, know, military bases across the world, know, military bases across the world, China has one that protects shipping China has one that protects shipping China has one that protects shipping through the the the Red Sea. Okay. They through the the the Red Sea. Okay. They through the the the Red Sea. Okay. They explicitly are giving the world signals explicitly are giving the world signals explicitly are giving the world signals that all we want we don't want to that all we want we don't want to that all we want we don't want to dominate the world like the empire. dominate the world like the empire. dominate the world like the empire. Okay. We want to become prominent for Okay. We want to become prominent for Okay. We want to become prominent for the world mainly economically so that we the world mainly economically so that we the world mainly economically so that we can feed our 1.4 billion people. Okay. can feed our 1.4 billion people. Okay. can feed our 1.4 billion people. Okay. And I may be wrong but but but there And I may be wrong but but but there And I may be wrong but but but there there has not been a sign of aggression there has not been a sign of aggression there has not been a sign of aggression issued by China in your lifetime or issued by China in your lifetime or issued by China in your lifetime or mine. There hasn't been one. Okay. So, mine. There hasn't been one. Okay. So, mine. There hasn't been one. Okay. So, what are we reacting to? We're either what are we reacting to? We're either what are we reacting to? We're either reacting to manufactured signs so that reacting to manufactured signs so that reacting to manufactured signs so that we can continue to have our forever war. we can continue to have our forever war. we can continue to have our forever war. Okay. Or maybe we're exaggerating and Okay. Or maybe we're exaggerating and Okay. Or maybe we're exaggerating and hurting ourselves in the process. And I hurting ourselves in the process. And I hurting ourselves in the process. And I think this is where the conversation think this is where the conversation think this is where the conversation needs to happen. Now there could be this needs to happen. Now there could be this needs to happen. Now there could be this could mean that millions of people die could mean that millions of people die could mean that millions of people die in Vietnam like we saw in the in the in Vietnam like we saw in the in the in Vietnam like we saw in the in the 1960s and 70s and the you know 1960s and 70s and the you know 1960s and 70s and the you know un unbelie I mean some place like un unbelie I mean some place like un unbelie I mean some place like Vietnam across the world which is Vietnam across the world which is Vietnam across the world which is unacceptable if you ask me but you know unacceptable if you ask me but you know unacceptable if you ask me but you know what American people will not feel it what American people will not feel it what American people will not feel it right but to bring the war home right but to bring the war home right but to bring the war home economically the way America is doing economically the way America is doing economically the way America is doing it is clear if you're sitting in my seat it is clear if you're sitting in my seat it is clear if you're sitting in my seat outside the outside the outside the that everyone everywhere in the global that everyone everywhere in the global that everyone everywhere in the global south is saying I don't want to be south is saying I don't want to be south is saying I don't want to be bullied anymore and the minute you give bullied anymore and the minute you give bullied anymore and the minute you give them an alternative through bricks or them an alternative through bricks or them an alternative through bricks or whatever that says hey can you you know whatever that says hey can you you know whatever that says hey can you you know ship to me using my currency they take ship to me using my currency they take ship to me using my currency they take it okay and and somehow it's not that we it okay and and somehow it's not that we it okay and and somehow it's not that we don't like America it's just we don't don't like America it's just we don't don't like America it's just we don't want to be bullied anymore and and in want to be bullied anymore and and in want to be bullied anymore and and in very interesting way it's the benefit of very interesting way it's the benefit of very interesting way it's the benefit of America to suddenly say you know what America to suddenly say you know what America to suddenly say you know what while I'm still taller than all of you while I'm still taller than all of you while I'm still taller than all of you I'll make you my friends, okay? So that I'll make you my friends, okay? So that I'll make you my friends, okay? So that when you're taller than me or as tall as when you're taller than me or as tall as when you're taller than me or as tall as I am, we can play together. I am, we can play together. I am, we can play together. This cold war is working, believe it or This cold war is working, believe it or This cold war is working, believe it or not, against America. And this cold war, not, against America. And this cold war, not, against America. And this cold war, believe it or not, even in tech, in AI, believe it or not, even in tech, in AI, believe it or not, even in tech, in AI, is being lost by America. Okay? So is being lost by America. Okay? So is being lost by America. Okay? So deepse comes in, a manus comes in, deepse comes in, a manus comes in, deepse comes in, a manus comes in, quantum computing chips comes in, come quantum computing chips comes in, come quantum computing chips comes in, come in. They have 105 cubits now in China. in. They have 105 cubits now in China. in. They have 105 cubits now in China. Okay? And and I don't know how much more Okay? And and I don't know how much more Okay? And and I don't know how much more I can tell the politicians in America, I can tell the politicians in America, I can tell the politicians in America, you're not losing, you're not winning you're not losing, you're not winning you're not losing, you're not winning this through aggression. Win it through this through aggression. Win it through this through aggression. Win it through diplomacy. Everyone wants your market. diplomacy. Everyone wants your market. diplomacy. Everyone wants your market. Everyone loves you. Loves the movies you Everyone loves you. Loves the movies you Everyone loves you. Loves the movies you send us. They we love your music. We we send us. They we love your music. We we send us. They we love your music. We we we really we have nothing against we really we have nothing against we really we have nothing against America. But the rest of the world needs America. But the rest of the world needs America. But the rest of the world needs to also protect their own sovereignty. to also protect their own sovereignty. to also protect their own sovereignty. And more aggression is not helping And more aggression is not helping And more aggression is not helping anyone. anyone. anyone. >> Okay. So let me see if I understand. Um >> Okay. So let me see if I understand. Um >> Okay. So let me see if I understand. Um what you're saying is that what you're saying is that what you're saying is that you you America need to understand that you you America need to understand that you you America need to understand that you you you uh China is a rising power. Uh that the uh China is a rising power. Uh that the uh China is a rising power. Uh that the whole world has whole world has whole world has >> No, no, no, no. I'm sorry to interrupt >> No, no, no, no. I'm sorry to interrupt >> No, no, no, no. I'm sorry to interrupt you. I'm sorry to interrupt you. China you. I'm sorry to interrupt you. China you. I'm sorry to interrupt you. China is the world's superstar. It is the is the world's superstar. It is the is the world's superstar. It is the world's superpower in in purchasing world's superpower in in purchasing world's superpower in in purchasing power parity. They are a bigger GDP than power parity. They are a bigger GDP than power parity. They are a bigger GDP than America and have been for a very long America and have been for a very long America and have been for a very long time. And most of the world is much more time. And most of the world is much more time. And most of the world is much more dependent because of the trade deficit dependent because of the trade deficit dependent because of the trade deficit of America for for so many years. Most of America for for so many years. Most of America for for so many years. Most of the world is much more dependent on of the world is much more dependent on of the world is much more dependent on China than they are on America. China than they are on America. China than they are on America. Okay. So Okay. So Okay. So you guys have already been passed you guys have already been passed you guys have already been passed economically by China. Uh, so the cold economically by China. Uh, so the cold economically by China. Uh, so the cold war that you're trying to wage with them war that you're trying to wage with them war that you're trying to wage with them does not make any sense because not does not make any sense because not does not make any sense because not you're the only ones that are going to you're the only ones that are going to you're the only ones that are going to get hurt, but you are going to be get hurt, but you are going to be get hurt, but you are going to be disproportionately hurt. Um, I'm going to stop there because I think I'm going to stop there because I think the next thing I'm going to say is going the next thing I'm going to say is going the next thing I'm going to say is going to be a prognosticate. It's going to be to be a prognosticate. It's going to be to be a prognosticate. It's going to be I think that statement makes a I think that statement makes a I think that statement makes a prediction, but first I just want to prediction, but first I just want to prediction, but first I just want to make sure that I got that far correctly. make sure that I got that far correctly. make sure that I got that far correctly. >> I I I I don't I don't think you're going >> I I I I don't I don't think you're going >> I I I I don't I don't think you're going to be disproportionately hurt is to be disproportionately hurt is to be disproportionately hurt is accurate. Nobody knows. Okay. I think accurate. Nobody knows. Okay. I think accurate. Nobody knows. Okay. I think the rest of the world will probably pay the rest of the world will probably pay the rest of the world will probably pay more than the two two superpowers, more than the two two superpowers, more than the two two superpowers, right? But but you're going to be hurt. right? But but you're going to be hurt. right? But but you're going to be hurt. Like there is a way where this doesn't Like there is a way where this doesn't Like there is a way where this doesn't hurt anyone. So So there's no need for hurt anyone. So So there's no need for hurt anyone. So So there's no need for the pain. So walk me through the way the pain. So walk me through the way the pain. So walk me through the way that this doesn't hurt anyone because that this doesn't hurt anyone because that this doesn't hurt anyone because you're your what you're about to say is you're your what you're about to say is you're your what you're about to say is going to be based on your assumption going to be based on your assumption going to be based on your assumption that China is not an aggressive that China is not an aggressive that China is not an aggressive nation. They're a nation of influence to nation. They're a nation of influence to nation. They're a nation of influence to be sure, but they're not going to uh put be sure, but they're not going to uh put be sure, but they're not going to uh put military bases everywhere. They're not military bases everywhere. They're not military bases everywhere. They're not going to go into foreign incursions the going to go into foreign incursions the going to go into foreign incursions the way the US has. And so therefore, you way the US has. And so therefore, you way the US has. And so therefore, you have I don't know that you'd use these have I don't know that you'd use these have I don't know that you'd use these words, but you have nothing to fear words, but you have nothing to fear words, but you have nothing to fear essentially from a strong China. From a essentially from a strong China. From a essentially from a strong China. From a military point of view, the day China military point of view, the day China military point of view, the day China puts in a second base against your 187 puts in a second base against your 187 puts in a second base against your 187 or whatever, start to worry. or whatever, start to worry. or whatever, start to worry. Okay, but it's one military base outside Okay, but it's one military base outside Okay, but it's one military base outside China versus more than 180 for America. China versus more than 180 for America. China versus more than 180 for America. You're still the world's superpower You're still the world's superpower You're still the world's superpower militarily. Okay, so nobody wants to militarily. Okay, so nobody wants to militarily. Okay, so nobody wants to attack anyone. This is not a war. Okay, attack anyone. This is not a war. Okay, attack anyone. This is not a war. Okay, from an economics point of view, from an from an economics point of view, from an from an economics point of view, from an economics point of view, economics point of view, economics point of view, the biggest threat I believe America has the biggest threat I believe America has the biggest threat I believe America has is not debt. Okay, because you have the is not debt. Okay, because you have the is not debt. Okay, because you have the military power to back your debt. The mi military power to back your debt. The mi military power to back your debt. The mi the biggest challenge in my point of the biggest challenge in my point of the biggest challenge in my point of view I'm I'm not an economist is view I'm I'm not an economist is view I'm I'm not an economist is inflation and how inflation will hit inflation and how inflation will hit inflation and how inflation will hit your nation and inflation is two sides. your nation and inflation is two sides. your nation and inflation is two sides. One is the cost of goods on on you know One is the cost of goods on on you know One is the cost of goods on on you know American soil which is going up because American soil which is going up because American soil which is going up because of tariffs for imported goods and of tariffs for imported goods and of tariffs for imported goods and locally manufactured goods which will locally manufactured goods which will locally manufactured goods which will have a margin to increase their prices have a margin to increase their prices have a margin to increase their prices in. Okay. But more interestingly it's in. Okay. But more interestingly it's in. Okay. But more interestingly it's because everyone is sending you your because everyone is sending you your because everyone is sending you your dollars back. dollars back. dollars back. Right. So I I'll tell you very openly. Right. So I I'll tell you very openly. Right. So I I'll tell you very openly. I'm very interested in classic cars. H I'm very interested in classic cars. H I'm very interested in classic cars. H now I buy most of my classic cars in now I buy most of my classic cars in now I buy most of my classic cars in America. America. America. Why? Because then I can send you dollars Why? Because then I can send you dollars Why? Because then I can send you dollars and get the goods. and get the goods. and get the goods. Okay. I can send you dollars that I'm Okay. I can send you dollars that I'm Okay. I can send you dollars that I'm afraid will be inflated into lower afraid will be inflated into lower afraid will be inflated into lower value. value. value. Okay. And then if I if I keep the Okay. And then if I if I keep the Okay. And then if I if I keep the classic car here, I can sell it here or classic car here, I can sell it here or classic car here, I can sell it here or I can sell it in Europe or I can sell it I can sell it in Europe or I can sell it I can sell it in Europe or I can sell it in Japan in Japan in Japan for money that is real money as the US for money that is real money as the US for money that is real money as the US dollar loses it loses its value. And the dollar loses it loses its value. And the dollar loses it loses its value. And the risk the risk of of inflation in my mind risk the risk of of inflation in my mind risk the risk of of inflation in my mind is that American people are paying for is that American people are paying for is that American people are paying for it. Okay? And America is not the safest it. Okay? And America is not the safest it. Okay? And America is not the safest place on earth if people become hungry place on earth if people become hungry place on earth if people become hungry because of the second amendment. This truly in my mind I'm really sorry. This truly in my mind I'm really sorry. I don't have the right I honestly do not I don't have the right I honestly do not I don't have the right I honestly do not have the right to comment on American have the right to comment on American have the right to comment on American policy. I'm just looking at it from a policy. I'm just looking at it from a policy. I'm just looking at it from a very big very big very big >> This is so helpful. I I get it. You have >> This is so helpful. I I get it. You have >> This is so helpful. I I get it. You have to worry more about the comments than to worry more about the comments than to worry more about the comments than you have to worry about me. But I hunger you have to worry about me. But I hunger you have to worry about me. But I hunger for perspectives that are not my own. Uh for perspectives that are not my own. Uh for perspectives that are not my own. Uh and so getting a chance to look back at and so getting a chance to look back at and so getting a chance to look back at America through your eyes is incredibly America through your eyes is incredibly America through your eyes is incredibly useful. So if at the risk of you having useful. So if at the risk of you having useful. So if at the risk of you having to deal with whatever uh people will to deal with whatever uh people will to deal with whatever uh people will think, I am grateful. Uh so think, I am grateful. Uh so think, I am grateful. Uh so >> I have all I have all good intentions by >> I have all I have all good intentions by >> I have all I have all good intentions by the way for for people who are about to the way for for people who are about to the way for for people who are about to comment. I only have good intentions. comment. I only have good intentions. comment. I only have good intentions. I'm not against America or against China I'm not against America or against China I'm not against America or against China or against anyone. I'm just basically or against anyone. I'm just basically or against anyone. I'm just basically saying my daughter and everyone's saying my daughter and everyone's saying my daughter and everyone's daughter is at risk. daughter is at risk. daughter is at risk. And and if that means you're going to And and if that means you're going to And and if that means you're going to comment negatively on what I say, thrash comment negatively on what I say, thrash comment negatively on what I say, thrash me. It's okay. But keep my daughter me. It's okay. But keep my daughter me. It's okay. But keep my daughter safe. Okay. So, uh, one, we certainly share a Okay. So, uh, one, we certainly share a belief that inflation is, oh, my belief that inflation is, oh, my belief that inflation is, oh, my audience has heard me talk about this so audience has heard me talk about this so audience has heard me talk about this so much. Uh, inflation is the devastating much. Uh, inflation is the devastating much. Uh, inflation is the devastating force that everybody has to worry about. force that everybody has to worry about. force that everybody has to worry about. Um, you Um, you Um, you you've given me a perspective on China you've given me a perspective on China you've given me a perspective on China that is very fascinating. that is very fascinating. that is very fascinating. Uh, one, I'd be so curious to get more Uh, one, I'd be so curious to get more Uh, one, I'd be so curious to get more data on my understanding of the Chinese data on my understanding of the Chinese data on my understanding of the Chinese economy is that they beat us in some economy is that they beat us in some economy is that they beat us in some areas and they lose to us in others that areas and they lose to us in others that areas and they lose to us in others that overall GDP we still win. But you're overall GDP we still win. But you're overall GDP we still win. But you're saying that's inaccurate. That's saying that's inaccurate. That's saying that's inaccurate. That's basically Western spin. basically Western spin. basically Western spin. >> That's in Yeah, it's US dollars GDP. >> That's in Yeah, it's US dollars GDP. >> That's in Yeah, it's US dollars GDP. >> Yeah. So, that's very interesting. Um, >> Yeah. So, that's very interesting. Um, >> Yeah. So, that's very interesting. Um, also I have a formulated vision of the also I have a formulated vision of the also I have a formulated vision of the Chinese economy as being weak at this Chinese economy as being weak at this Chinese economy as being weak at this point. uh given all the crazy point. uh given all the crazy point. uh given all the crazy investments that they made in getting investments that they made in getting investments that they made in getting their own populace to buy housing. their own populace to buy housing. their own populace to buy housing. Again, I'm perfectly willing to accept Again, I'm perfectly willing to accept Again, I'm perfectly willing to accept this is all spin, please. this is all spin, please. this is all spin, please. Yeah, there is a huge spin on that. So Yeah, there is a huge spin on that. So Yeah, there is a huge spin on that. So what what ended up happening when what what ended up happening when what what ended up happening when America declared economically that they America declared economically that they America declared economically that they are going to try to slow down China is are going to try to slow down China is are going to try to slow down China is that China is China is very different that China is China is very different that China is China is very different than America when it comes to economics than America when it comes to economics than America when it comes to economics because they're able to make a decision because they're able to make a decision because they're able to make a decision at a state level that they don't need to at a state level that they don't need to at a state level that they don't need to convince the capitalists of right they convince the capitalists of right they convince the capitalists of right they basically they simply instructed their basically they simply instructed their basically they simply instructed their banks to stop paying mortgages because banks to stop paying mortgages because banks to stop paying mortgages because housing is less important than housing is less important than housing is less important than industrial capacity. Okay. So what you industrial capacity. Okay. So what you industrial capacity. Okay. So what you see if you want to to slice the the the see if you want to to slice the the the see if you want to to slice the the the the economy and look at housing and the the economy and look at housing and the the economy and look at housing and the mortgage crisis and what hap what's mortgage crisis and what hap what's mortgage crisis and what hap what's happening in China, it looks like an happening in China, it looks like an happening in China, it looks like an economy in decline. But as those funds economy in decline. But as those funds economy in decline. But as those funds are being reinvested in the industrial are being reinvested in the industrial are being reinvested in the industrial capacity, they're building industrial capacity, they're building industrial capacity, they're building industrial capacity in the in the spaces where capacity in the in the spaces where capacity in the in the spaces where America threatened to starve them. So America threatened to starve them. So America threatened to starve them. So when it comes to microchips for example, when it comes to microchips for example, when it comes to microchips for example, you know, a lot of the Chinese officials you know, a lot of the Chinese officials you know, a lot of the Chinese officials will tell you within 6 to 8 years, we will tell you within 6 to 8 years, we will tell you within 6 to 8 years, we will be we will be building chips that will be we will be building chips that will be we will be building chips that are more powerful than Nvidia. are more powerful than Nvidia. are more powerful than Nvidia. Okay. So, so this this shift Okay. So, so this this shift Okay. So, so this this shift economically doesn't mean they're poor. economically doesn't mean they're poor. economically doesn't mean they're poor. They're just using a different strategy They're just using a different strategy They're just using a different strategy to invest in a different part of their to invest in a different part of their to invest in a different part of their economy. Talk to me about Trump. Give me economy. Talk to me about Trump. Give me economy. Talk to me about Trump. Give me a report card. So people may have a report card. So people may have a report card. So people may have thought they were voting for one thing. thought they were voting for one thing. thought they were voting for one thing. What have they actually gotten? I think What have they actually gotten? I think What have they actually gotten? I think many people, certainly people on the many people, certainly people on the many people, certainly people on the right, are going to be surprised to hear right, are going to be surprised to hear right, are going to be surprised to hear you say that Trump is more socialist you say that Trump is more socialist you say that Trump is more socialist than mom Donnie. Um, so give us the the than mom Donnie. Um, so give us the the than mom Donnie. Um, so give us the the litany of receipts there. What is Trump litany of receipts there. What is Trump litany of receipts there. What is Trump getting wrong? Certainly. Uh, and then getting wrong? Certainly. Uh, and then getting wrong? Certainly. Uh, and then if you think that he's gotten anything if you think that he's gotten anything if you think that he's gotten anything right, I'll take that as well. right, I'll take that as well. right, I'll take that as well. >> Trump's instincts are often very strong. >> Trump's instincts are often very strong. >> Trump's instincts are often very strong. It's just his execution. I think he It's just his execution. I think he It's just his execution. I think he recognized before other people the uh recognized before other people the uh recognized before other people the uh asymmetric trade relationship with asymmetric trade relationship with asymmetric trade relationship with China. I think you got to give him China. I think you got to give him China. I think you got to give him credit for that. I thought I think they credit for that. I thought I think they credit for that. I thought I think they were taking advantage of it, stealing were taking advantage of it, stealing were taking advantage of it, stealing our IP and then selling back selling it our IP and then selling back selling it our IP and then selling back selling it back to us less expensive and gutting back to us less expensive and gutting back to us less expensive and gutting our manufacturing sector. I think he saw our manufacturing sector. I think he saw our manufacturing sector. I think he saw that. Uh I think that he saw immigration that. Uh I think that he saw immigration that. Uh I think that he saw immigration as as as a big problem. You know, the vice a big problem. You know, the vice a big problem. You know, the vice president, her big thing was supposed to president, her big thing was supposed to president, her big thing was supposed to be enforcing the border. She didn't do a be enforcing the border. She didn't do a be enforcing the border. She didn't do a great job. when a quarter of a million great job. when a quarter of a million great job. when a quarter of a million people can come over in December of 23 people can come over in December of 23 people can come over in December of 23 by just raising their hand and saying by just raising their hand and saying by just raising their hand and saying asylum, asylum, asylum, >> you know, they had to say asylum and >> you know, they had to say asylum and >> you know, they had to say asylum and then boom, they were in, that's a then boom, they were in, that's a then boom, they were in, that's a problem. So, I think he recognized problem. So, I think he recognized problem. So, I think he recognized immigration. I think his messaging immigration. I think his messaging immigration. I think his messaging around affordability was the right around affordability was the right around affordability was the right message. Um, I would argue that the message. Um, I would argue that the message. Um, I would argue that the level of corruption we have seen under level of corruption we have seen under level of corruption we have seen under the Trump administration is the Trump administration is the Trump administration is unprecedented in history in the west. unprecedented in history in the west. unprecedented in history in the west. you know, cramming launching a you know, cramming launching a you know, cramming launching a cryptocoin, a memecoin the Friday before cryptocoin, a memecoin the Friday before cryptocoin, a memecoin the Friday before his inauguration under the cover of dark his inauguration under the cover of dark his inauguration under the cover of dark such that someone could put in 10 such that someone could put in 10 such that someone could put in 10 million bucks into that thing and then million bucks into that thing and then million bucks into that thing and then say, "Please stop shipping arms to say, "Please stop shipping arms to say, "Please stop shipping arms to Ukraine and we would never know that Ukraine and we would never know that Ukraine and we would never know that that happened." I think overrunning that happened." I think overrunning that happened." I think overrunning co-equal branches of government, just co-equal branches of government, just co-equal branches of government, just basically ignoring Congress. basically ignoring Congress. basically ignoring Congress. Um, you know, I could go sending in a Um, you know, I could go sending in a Um, you know, I could go sending in a mass secret police to terrorize cities mass secret police to terrorize cities mass secret police to terrorize cities and people who've been here for 20 or 30 and people who've been here for 20 or 30 and people who've been here for 20 or 30 years when he could just show up with a years when he could just show up with a years when he could just show up with a clipboard and say, "Hi, car wash. You clipboard and say, "Hi, car wash. You clipboard and say, "Hi, car wash. You have social security filings for these have social security filings for these have social security filings for these people. I need proof of their people. I need proof of their people. I need proof of their documentation or I'm going to find you documentation or I'm going to find you documentation or I'm going to find you $10,000 a day." $10,000 a day." $10,000 a day." We have turned a blind eye to the We have turned a blind eye to the We have turned a blind eye to the immigration problem for 40 years. immigration problem for 40 years. immigration problem for 40 years. Because the sad truth of or the Because the sad truth of or the Because the sad truth of or the uncomfortable truth about immigration is uncomfortable truth about immigration is uncomfortable truth about immigration is that people say it's the secret sauce of that people say it's the secret sauce of that people say it's the secret sauce of America. Okay, that's nice. That's a America. Okay, that's nice. That's a America. Okay, that's nice. That's a Hallmark commercial and part of that is Hallmark commercial and part of that is Hallmark commercial and part of that is true. But the most profitable part of true. But the most profitable part of true. But the most profitable part of immigration is illegal immigration immigration is illegal immigration immigration is illegal immigration because they come across the border when because they come across the border when because they come across the border when our crops are coming due or grandma our crops are coming due or grandma our crops are coming due or grandma needs our ass wiped or we want cheap needs our ass wiped or we want cheap needs our ass wiped or we want cheap food at a restaurant and then when the food at a restaurant and then when the food at a restaurant and then when the jobs dry up, they don't go on jobs dry up, they don't go on jobs dry up, they don't go on unemployment. They don't collect social unemployment. They don't collect social unemployment. They don't collect social security. They melt back to their security. They melt back to their security. They melt back to their countries. They usually don't stick countries. They usually don't stick countries. They usually don't stick around longer to cause to they they pay around longer to cause to they they pay around longer to cause to they they pay social security taxes, but they usually social security taxes, but they usually social security taxes, but they usually don't get them. They commit crimes at a don't get them. They commit crimes at a don't get them. They commit crimes at a lower rate than nativeorn citizens. They lower rate than nativeorn citizens. They lower rate than nativeorn citizens. They don't call 911 or use the police. So, we don't call 911 or use the police. So, we don't call 911 or use the police. So, we have turned a blind eye to illegal have turned a blind eye to illegal have turned a blind eye to illegal immigration for 40 years on purpose. Has immigration for 40 years on purpose. Has immigration for 40 years on purpose. Has it gotten out of control? Yes. Has it it gotten out of control? Yes. Has it it gotten out of control? Yes. Has it created real structural problems in the created real structural problems in the created real structural problems in the US? Yes. Should we have borders? Yes. He US? Yes. Should we have borders? Yes. He US? Yes. Should we have borders? Yes. He was good at leveraging that and people's was good at leveraging that and people's was good at leveraging that and people's frustration, especially in border frustration, especially in border frustration, especially in border states. And also a lot of young states. And also a lot of young states. And also a lot of young struggling men like to blame women for struggling men like to blame women for struggling men like to blame women for their romantic problems and immigrants their romantic problems and immigrants their romantic problems and immigrants for their economic problems. He tapped for their economic problems. He tapped for their economic problems. He tapped into that. He flew right into the into that. He flew right into the into that. He flew right into the manosphere. Genius political strategy manosphere. Genius political strategy manosphere. Genius political strategy focusing on affordability, the focusing on affordability, the focusing on affordability, the asymmetric trade relationship with asymmetric trade relationship with asymmetric trade relationship with China. The implementation, China. The implementation, China. The implementation, it's as if he went to Chad GPT and said, it's as if he went to Chad GPT and said, it's as if he went to Chad GPT and said, "I want to reduce the prosperity of "I want to reduce the prosperity of "I want to reduce the prosperity of America elegantly and consistently." And America elegantly and consistently." And America elegantly and consistently." And it would come back and say, "I know it would come back and say, "I know it would come back and say, "I know tariffs. tariffs. tariffs. I know scare the best and brightest PhD I know scare the best and brightest PhD I know scare the best and brightest PhD students from coming to the US. I know students from coming to the US. I know students from coming to the US. I know reduce the greatest ROI investment in reduce the greatest ROI investment in reduce the greatest ROI investment in history, investing money through our history, investing money through our history, investing money through our great academic institutions that produce great academic institutions that produce great academic institutions that produce medical and technological breakthroughs. medical and technological breakthroughs. medical and technological breakthroughs. I know make people feel bad about I know make people feel bad about I know make people feel bad about America by showing these horrific videos America by showing these horrific videos America by showing these horrific videos of people who are so ashamed of what of people who are so ashamed of what of people who are so ashamed of what they're doing. It's so their activity is they're doing. It's so their activity is they're doing. It's so their activity is so depraved and vile they have to wear so depraved and vile they have to wear so depraved and vile they have to wear masks. And people say, "Well, they could masks. And people say, "Well, they could masks. And people say, "Well, they could be docks." judges put mob bosses in be docks." judges put mob bosses in be docks." judges put mob bosses in prisons. They don't wear masks. prisons. They don't wear masks. prisons. They don't wear masks. So, some of his political instincts, I So, some of his political instincts, I So, some of his political instincts, I think, are correct. I think he's a great think, are correct. I think he's a great think, are correct. I think he's a great campaigner. campaigner. campaigner. I would argue that the economic policies I would argue that the economic policies I would argue that the economic policies of America right now, putting drunks in of America right now, putting drunks in of America right now, putting drunks in charge of the Department of Defense, charge of the Department of Defense, charge of the Department of Defense, putting conspiracy theorists who believe putting conspiracy theorists who believe putting conspiracy theorists who believe that vaccines cause autism in charge of that vaccines cause autism in charge of that vaccines cause autism in charge of our health and human services. I mean, I our health and human services. I mean, I our health and human services. I mean, I feel like this is a literally a clown feel like this is a literally a clown feel like this is a literally a clown car running the nation right now. It's a car running the nation right now. It's a car running the nation right now. It's a corrupt crime family. All right. And the corrupt crime family. All right. And the corrupt crime family. All right. And the even worse news is Michael is running even worse news is Michael is running even worse news is Michael is running the grift and Fredo is running the the grift and Fredo is running the the grift and Fredo is running the government. I wish they brought half the government. I wish they brought half the government. I wish they brought half the competence to their grift that they're competence to their grift that they're competence to their grift that they're bringing to the government. trolling bringing to the government. trolling bringing to the government. trolling around the Gulf and and not going to the around the Gulf and and not going to the around the Gulf and and not going to the democracies, Turkey and Israel, because democracies, Turkey and Israel, because democracies, Turkey and Israel, because they know they can't give you a plane or they know they can't give you a plane or they know they can't give you a plane or a golf course or a building. Only going a golf course or a building. Only going a golf course or a building. Only going to the nations that are comfortable to the nations that are comfortable to the nations that are comfortable saying, "Hey, take this $400 million saying, "Hey, take this $400 million saying, "Hey, take this $400 million plane." Wink wink. Oh, and then, oh, plane." Wink wink. Oh, and then, oh, plane." Wink wink. Oh, and then, oh, what do you know? You're going to what? what do you know? You're going to what? what do you know? You're going to what? You're going to give us Article 5 NATO You're going to give us Article 5 NATO You're going to give us Article 5 NATO protection for free? We basically just protection for free? We basically just protection for free? We basically just give Qatar NATO protection, a security give Qatar NATO protection, a security give Qatar NATO protection, a security guarantee. Oh, and he accepted a $400 guarantee. Oh, and he accepted a $400 guarantee. Oh, and he accepted a $400 million plane a few months before. I million plane a few months before. I million plane a few months before. I mean, that's just not that erodess the mean, that's just not that erodess the mean, that's just not that erodess the very fabric of what it means to be very fabric of what it means to be very fabric of what it means to be American. And it hurts us. It hurts our American. And it hurts us. It hurts our American. And it hurts us. It hurts our reputation around the world. It makes us reputation around the world. It makes us reputation around the world. It makes us much weaker. Let's start bombing fishing much weaker. Let's start bombing fishing much weaker. Let's start bombing fishing boats that would take 20 stops to refuel boats that would take 20 stops to refuel boats that would take 20 stops to refuel and get to Miami in a nation where and get to Miami in a nation where and get to Miami in a nation where there's no evidence there is no fentanyl there's no evidence there is no fentanyl there's no evidence there is no fentanyl while we let Ukraine fall. while we let Ukraine fall. while we let Ukraine fall. I I mean the the poor decisionmaking I I mean the the poor decisionmaking I I mean the the poor decisionmaking here, the incompetence and the here, the incompetence and the here, the incompetence and the corruption are noxious. They're corruption are noxious. They're corruption are noxious. They're stifling. stifling. stifling. The optimism is that we have been in The optimism is that we have been in The optimism is that we have been in worse places than this before. Americans worse places than this before. Americans worse places than this before. Americans are narcissists and we always tend to are narcissists and we always tend to are narcissists and we always tend to think this is the worst thing ever. We think this is the worst thing ever. We think this is the worst thing ever. We were interning Japanese families in were interning Japanese families in were interning Japanese families in camps because they were Japanese. Slave camps because they were Japanese. Slave camps because they were Japanese. Slave owners used to be the most powerful owners used to be the most powerful owners used to be the most powerful political force in America. We opened political force in America. We opened political force in America. We opened fire on veterans marching in front of fire on veterans marching in front of fire on veterans marching in front of the White House after the Great the White House after the Great the White House after the Great Depression protesting economic Depression protesting economic Depression protesting economic conditions. We have been in worse places conditions. We have been in worse places conditions. We have been in worse places before and America has come back before and America has come back before and America has come back stronger and I believe we are going to stronger and I believe we are going to stronger and I believe we are going to come back stronger here. So yeah, I do come back stronger here. So yeah, I do come back stronger here. So yeah, I do think Trump gets some stuff right. I think Trump gets some stuff right. I think Trump gets some stuff right. I think he has good instincts around think he has good instincts around think he has good instincts around certain things. I think he's an amazing certain things. I think he's an amazing certain things. I think he's an amazing campaigner. He is a stain on the campaigner. He is a stain on the campaigner. He is a stain on the American experience. American experience. American experience. Now, do you think this is a great man Now, do you think this is a great man Now, do you think this is a great man theory of history where he just brought theory of history where he just brought theory of history where he just brought these things randomly got elected or is these things randomly got elected or is these things randomly got elected or is he a symptom of something that the he a symptom of something that the he a symptom of something that the populace is going through? populace is going through? populace is going through? >> Well, okay. So, I want to acknowledge >> Well, okay. So, I want to acknowledge >> Well, okay. So, I want to acknowledge I'm a hammer and everything I see as a I'm a hammer and everything I see as a I'm a hammer and everything I see as a nail. I think the reason we elected an nail. I think the reason we elected an nail. I think the reason we elected an insurrectionist, I focus a lot on the insurrectionist, I focus a lot on the insurrectionist, I focus a lot on the struggles of young men and young men are struggles of young men and young men are struggles of young men and young men are doing worse than fallen further faster doing worse than fallen further faster doing worse than fallen further faster than any cohort in American history. than any cohort in American history. than any cohort in American history. four times as likely to kill themselves, four times as likely to kill themselves, four times as likely to kill themselves, three times as likely to be homeless and three times as likely to be homeless and three times as likely to be homeless and addicted. addicted. addicted. And what happened was he recognized this And what happened was he recognized this And what happened was he recognized this and he flew right into the manosphere. and he flew right into the manosphere. and he flew right into the manosphere. As Vice President Harris was going on As Vice President Harris was going on As Vice President Harris was going on MSNBC and CNN, he went on Rogan, Andrew MSNBC and CNN, he went on Rogan, Andrew MSNBC and CNN, he went on Rogan, Andrew Schultz, The Ovon, Crypto, World Schultz, The Ovon, Crypto, World Schultz, The Ovon, Crypto, World Wrestling Federation, Rockets. He went Wrestling Federation, Rockets. He went Wrestling Federation, Rockets. He went right into his campaign riaked of right into his campaign riaked of right into his campaign riaked of testosterone testosterone testosterone because because because if you look at the three groups that if you look at the three groups that if you look at the three groups that pivoted hardest from blue to red 2020 to pivoted hardest from blue to red 2020 to pivoted hardest from blue to red 2020 to 2024 in order, one was Latinos. That 2024 in order, one was Latinos. That 2024 in order, one was Latinos. That says nothing. We should stop tracking says nothing. We should stop tracking says nothing. We should stop tracking them as a group. Mexicanameans in them as a group. Mexicanameans in them as a group. Mexicanameans in Southern California have much different Southern California have much different Southern California have much different priorities than Cubanameans in Florida. priorities than Cubanameans in Florida. priorities than Cubanameans in Florida. It's stupid to make any reductive It's stupid to make any reductive It's stupid to make any reductive generalizations about the Latino generalizations about the Latino generalizations about the Latino community. Number two, hardest pivot. community. Number two, hardest pivot. community. Number two, hardest pivot. people under the age of 30, they're not people under the age of 30, they're not people under the age of 30, they're not doing well. When you're not doing well, doing well. When you're not doing well, doing well. When you're not doing well, you don't want to parse nuance. You just you don't want to parse nuance. You just you don't want to parse nuance. You just want different, even if it means chaos. want different, even if it means chaos. want different, even if it means chaos. And then the most interesting thing is And then the most interesting thing is And then the most interesting thing is the third group that pivoted hardest was the third group that pivoted hardest was the third group that pivoted hardest was 45 to 64 year old women. And my thesis, 45 to 64 year old women. And my thesis, 45 to 64 year old women. And my thesis, Tom, is that's their mothers. And that Tom, is that's their mothers. And that Tom, is that's their mothers. And that is if your son is in the basement is if your son is in the basement is if your son is in the basement playing video games and vaping, you playing video games and vaping, you playing video games and vaping, you don't give a [ __ ] about territorial don't give a [ __ ] about territorial don't give a [ __ ] about territorial sovereignty in Ukraine or transgender sovereignty in Ukraine or transgender sovereignty in Ukraine or transgender rights. You just want change. So, and rights. You just want change. So, and rights. You just want change. So, and also what we don't like to admit is also what we don't like to admit is also what we don't like to admit is there are a lot of women in America who there are a lot of women in America who there are a lot of women in America who will vote for who they perceive as being will vote for who they perceive as being will vote for who they perceive as being in the best interest of their husbands in the best interest of their husbands in the best interest of their husbands and sons. We talk about the patriarchy, and sons. We talk about the patriarchy, and sons. We talk about the patriarchy, men versus women. Women's rights were men versus women. Women's rights were men versus women. Women's rights were supposed to be the defining issue of supposed to be the defining issue of supposed to be the defining issue of this election. It did not show up. 54% this election. It did not show up. 54% this election. It did not show up. 54% of white women voted for Trump. So my of white women voted for Trump. So my of white women voted for Trump. So my sense is if we want to stave off, if we sense is if we want to stave off, if we sense is if we want to stave off, if we want things to be better in America, if want things to be better in America, if want things to be better in America, if I were to do anything, it would be I were to do anything, it would be I were to do anything, it would be economic programs that lift young people economic programs that lift young people economic programs that lift young people up. And just as the economic bludgeoning up. And just as the economic bludgeoning up. And just as the economic bludgeoning of young people in America has of young people in America has of young people in America has disproportionately hurt young men who disproportionately hurt young men who disproportionately hurt young men who are disproportionately evaluated on are disproportionately evaluated on are disproportionately evaluated on their economic viability, lifting young their economic viability, lifting young their economic viability, lifting young people up economically will have a people up economically will have a people up economically will have a disproportionately positive effect on disproportionately positive effect on disproportionately positive effect on young men. I get I just wrote a book young men. I get I just wrote a book young men. I get I just wrote a book called Notes on Being a Man. I get called Notes on Being a Man. I get called Notes on Being a Man. I get attacked by all these therapists. By the attacked by all these therapists. By the attacked by all these therapists. By the way, 80% of therapists are women. It's way, 80% of therapists are women. It's way, 80% of therapists are women. It's always work on yourself. Therapy is the always work on yourself. Therapy is the always work on yourself. Therapy is the answer for everything. And I want to be answer for everything. And I want to be answer for everything. And I want to be clear. If you struggle with mental clear. If you struggle with mental clear. If you struggle with mental illness or have mental illness in your illness or have mental illness in your illness or have mental illness in your family or you can afford it, have at it. family or you can afford it, have at it. family or you can afford it, have at it. I I believe it's hugely beneficial. But I I believe it's hugely beneficial. But I I believe it's hugely beneficial. But this dogma online, if if therapy solves this dogma online, if if therapy solves this dogma online, if if therapy solves all problems, you know what would be the all problems, you know what would be the all problems, you know what would be the best therapy in America? 8 million homes best therapy in America? 8 million homes best therapy in America? 8 million homes in 10 years. $25 an hour minimum wage, in 10 years. $25 an hour minimum wage, in 10 years. $25 an hour minimum wage, universal child care, eliminate 40% of universal child care, eliminate 40% of universal child care, eliminate 40% of the medical debt on households. You know the medical debt on households. You know the medical debt on households. You know what makes you mentally [ __ ] stressed what makes you mentally [ __ ] stressed what makes you mentally [ __ ] stressed out? When you can't afford your out? When you can't afford your out? When you can't afford your 16-year-old's root canal. When you don't 16-year-old's root canal. When you don't 16-year-old's root canal. When you don't make enough money to pay your rent. So, make enough money to pay your rent. So, make enough money to pay your rent. So, while I'm a big fan of blood pressure while I'm a big fan of blood pressure while I'm a big fan of blood pressure medication and statins and diabetes medication and statins and diabetes medication and statins and diabetes medication, here's an idea. Get everyone medication, here's an idea. Get everyone medication, here's an idea. Get everyone working out first and see if we can working out first and see if we can working out first and see if we can avoid that. So I think the mental health avoid that. So I think the mental health avoid that. So I think the mental health in America I think the the stress young in America I think the the stress young in America I think the the stress young people feel feel the anxiety they feel people feel feel the anxiety they feel people feel feel the anxiety they feel is nothing is nothing is nothing no amount of mental health or therapy is no amount of mental health or therapy is no amount of mental health or therapy is going to replace economic procarity going to replace economic procarity going to replace economic procarity and and and mental I want to detonate a nuclear bomb mental I want to detonate a nuclear bomb mental I want to detonate a nuclear bomb of mental of therapy called minimum of mental of therapy called minimum of mental of therapy called minimum massive increase in minimum wage tax massive increase in minimum wage tax massive increase in minimum wage tax holiday for people under the age of 30 holiday for people under the age of 30 holiday for people under the age of 30 massive explosion in new home massive explosion in new home massive explosion in new home construction, more third places, more construction, more third places, more construction, more third places, more mating opportunities for people to meet, mating opportunities for people to meet, mating opportunities for people to meet, uh universal child care, dignity around, uh universal child care, dignity around, uh universal child care, dignity around, lower the cost of education through lower the cost of education through lower the cost of education through competition, and then the three per competition, and then the three per competition, and then the three per 10,000 people who are actually 10,000 people who are actually 10,000 people who are actually therapists therapists therapists won't need to go on TikTok and say that won't need to go on TikTok and say that won't need to go on TikTok and say that therapy is the only solve for our therapy is the only solve for our therapy is the only solve for our issues. I'm a little triggered by issues. I'm a little triggered by issues. I'm a little triggered by therapists right now, as you can see. I therapists right now, as you can see. I therapists right now, as you can see. I see that. I I like it to be honest. I see that. I I like it to be honest. I see that. I I like it to be honest. I think that there's a lot of truth in think that there's a lot of truth in think that there's a lot of truth in that. Um I want to get explicit though that. Um I want to get explicit though that. Um I want to get explicit though about why exactly you consider those about why exactly you consider those about why exactly you consider those things therapy especially for young men. things therapy especially for young men. things therapy especially for young men. I feel like and this is one of the I feel like and this is one of the I feel like and this is one of the questions I wanted to ask you. I feel questions I wanted to ask you. I feel questions I wanted to ask you. I feel like you're dancing around there's sort like you're dancing around there's sort like you're dancing around there's sort of an archetypal beneficial male path. of an archetypal beneficial male path. of an archetypal beneficial male path. Not the only I I do not think you think Not the only I I do not think you think Not the only I I do not think you think that and I'm not certainly not trying to that and I'm not certainly not trying to that and I'm not certainly not trying to put those words in your mouth. But that put those words in your mouth. But that put those words in your mouth. But that there is an archetypal path that nah there is an archetypal path that nah there is an archetypal path that nah I've never met the kid. Never going to I've never met the kid. Never going to I've never met the kid. Never going to meet the kid. Don't know anything about meet the kid. Don't know anything about meet the kid. Don't know anything about him. if he were to follow this kind of him. if he were to follow this kind of him. if he were to follow this kind of path, uh, we might be in better shape. path, uh, we might be in better shape. path, uh, we might be in better shape. Um, one, is that accurate? And two, if Um, one, is that accurate? And two, if Um, one, is that accurate? And two, if so, what is that archetypal path? so, what is that archetypal path? so, what is that archetypal path? >> Yeah. Look, so I want to be clear. I'm >> Yeah. Look, so I want to be clear. I'm >> Yeah. Look, so I want to be clear. I'm guilty of projecting what's worked for guilty of projecting what's worked for guilty of projecting what's worked for me. I got economically secure. I worked me. I got economically secure. I worked me. I got economically secure. I worked really hard. I got the skills, the really hard. I got the skills, the really hard. I got the skills, the certification, took the risks. I also certification, took the risks. I also certification, took the risks. I also had unfair advantage being born a white had unfair advantage being born a white had unfair advantage being born a white heterosexual male in the 60s. heterosexual male in the 60s. heterosexual male in the 60s. And then I found I've had great And then I found I've had great And then I found I've had great relationships, great friends. So, I feel relationships, great friends. So, I feel relationships, great friends. So, I feel like money and relationships are kind of like money and relationships are kind of like money and relationships are kind of the solve. And I think some legitimate the solve. And I think some legitimate the solve. And I think some legitimate feedback is Scott, winning capitalism feedback is Scott, winning capitalism feedback is Scott, winning capitalism and having a romantic partner sometimes and having a romantic partner sometimes and having a romantic partner sometimes isn't the end all beall for everybody. isn't the end all beall for everybody. isn't the end all beall for everybody. That some people do there's different That some people do there's different That some people do there's different paths for different people. I get it. paths for different people. I get it. paths for different people. I get it. So, I you know, I understand that. And So, I you know, I understand that. And So, I you know, I understand that. And also we need to figure out a way to also we need to figure out a way to also we need to figure out a way to recognize more of the emotional labor recognize more of the emotional labor recognize more of the emotional labor that women have been expected to give that women have been expected to give that women have been expected to give around caregiving and start to recognize around caregiving and start to recognize around caregiving and start to recognize that a form of masculinity and surplus that a form of masculinity and surplus that a form of masculinity and surplus values when men do that. So I think that values when men do that. So I think that values when men do that. So I think that society needs some society needs some society needs some what I'll call nuance and calibration what I'll call nuance and calibration what I'll call nuance and calibration and manicuring. and manicuring. and manicuring. And now let's talk about the world we And now let's talk about the world we And now let's talk about the world we live in. 75% of women say economic live in. 75% of women say economic live in. 75% of women say economic viability is important in a mate. Only viability is important in a mate. Only viability is important in a mate. Only 25% of women. The likelihood of divorce 25% of women. The likelihood of divorce 25% of women. The likelihood of divorce does not increase when a woman gets does not increase when a woman gets does not increase when a woman gets fired or her income goes down. When the fired or her income goes down. When the fired or her income goes down. When the female in the relationship is now earns female in the relationship is now earns female in the relationship is now earns more man money than the man, the more man money than the man, the more man money than the man, the likelihood of divorce doubles and the likelihood of divorce doubles and the likelihood of divorce doubles and the use of of erectile dysfunction drugs use of of erectile dysfunction drugs use of of erectile dysfunction drugs triples. Beyonce could work at triples. Beyonce could work at triples. Beyonce could work at McDonald's and marry Jay-Z. The opposite McDonald's and marry Jay-Z. The opposite McDonald's and marry Jay-Z. The opposite is not true. And I don't care how many is not true. And I don't care how many is not true. And I don't care how many subscriptions to the Atlantic or the New subscriptions to the Atlantic or the New subscriptions to the Atlantic or the New York Times you have. That's not going to York Times you have. That's not going to York Times you have. That's not going to change in a few years. And I get all I change in a few years. And I get all I change in a few years. And I get all I I'll give you an example that triggers a I'll give you an example that triggers a I'll give you an example that triggers a lot of people. I tell my sons when lot of people. I tell my sons when lot of people. I tell my sons when you're in the company of a woman, you you're in the company of a woman, you you're in the company of a woman, you pay for everything. What? What pay for everything. What? What pay for everything. What? What you you you that's the patriarchy. You you you you that's the patriarchy. You you you you that's the patriarchy. You do not own women. You do not you should do not own women. You do not you should do not own women. You do not you should not have expectations from them. They not have expectations from them. They not have expectations from them. They are not your sexual. Of course they're are not your sexual. Of course they're are not your sexual. Of course they're not. Women aren't responsible for not. Women aren't responsible for not. Women aren't responsible for servicing men. Men's problems aren't servicing men. Men's problems aren't servicing men. Men's problems aren't women's fault. I women entering the women's fault. I women entering the women's fault. I women entering the workforce probably won World War II for workforce probably won World War II for workforce probably won World War II for us. It's the only reason we're not a us. It's the only reason we're not a us. It's the only reason we're not a second rate power to China. Women making second rate power to China. Women making second rate power to China. Women making a lot of money is wonderful. We should a lot of money is wonderful. We should a lot of money is wonderful. We should do nothing to get in the way of that. I do nothing to get in the way of that. I do nothing to get in the way of that. I had a single immigrant mother who lived had a single immigrant mother who lived had a single immigrant mother who lived and died a secretary. It did not work and died a secretary. It did not work and died a secretary. It did not work out for her with my father or other men. out for her with my father or other men. out for her with my father or other men. But the biggest strain in our life was But the biggest strain in our life was But the biggest strain in our life was she didn't have a lot of economic she didn't have a lot of economic she didn't have a lot of economic opportunity. If you were a woman without opportunity. If you were a woman without opportunity. If you were a woman without a college degree back in the 70s, you a college degree back in the 70s, you a college degree back in the 70s, you could be either a travel agent or a real could be either a travel agent or a real could be either a travel agent or a real estate broker. You couldn't even be or estate broker. You couldn't even be or estate broker. You couldn't even be or secretary. You couldn't even be a secretary. You couldn't even be a secretary. You couldn't even be a teacher. You had to have a a college teacher. You had to have a a college teacher. You had to have a a college degree. That was the biggest strain in degree. That was the biggest strain in degree. That was the biggest strain in our life. So, I'm all for the economic our life. So, I'm all for the economic our life. So, I'm all for the economic liberation of women. A lot of women are liberation of women. A lot of women are liberation of women. A lot of women are doing the math. Threearters of divorce doing the math. Threearters of divorce doing the math. Threearters of divorce filings from women because they wake up filings from women because they wake up filings from women because they wake up and go, "Okay, I'm ascending and go, "Okay, I'm ascending and go, "Okay, I'm ascending economically and boss, you're flatlining economically and boss, you're flatlining economically and boss, you're flatlining around domestic and emotional, around domestic and emotional, around domestic and emotional, logistical contribution in the home. I'm logistical contribution in the home. I'm logistical contribution in the home. I'm out. I get it. I get it." And I put a out. I get it. I get it." And I put a out. I get it. I get it." And I put a lot of pressure on young men who have lot of pressure on young men who have lot of pressure on young men who have more agency than they think to raise more agency than they think to raise more agency than they think to raise their game. And then pressure on people their game. And then pressure on people their game. And then pressure on people our age to join big brothers. Three our age to join big brothers. Three our age to join big brothers. Three times as many women joining big sisters times as many women joining big sisters times as many women joining big sisters as big brothers. Men our age need to as big brothers. Men our age need to as big brothers. Men our age need to step step step up. We need more economic step step step up. We need more economic step step step up. We need more economic programs that put money in people's programs that put money in people's programs that put money in people's pockets. I genuinely believe that young pockets. I genuinely believe that young pockets. I genuinely believe that young people having more economic opportunity, people having more economic opportunity, people having more economic opportunity, more third places to meet and more third places to meet and more third places to meet and demonstrate excellence to each other and demonstrate excellence to each other and demonstrate excellence to each other and establish more friendships, more uh establish more friendships, more uh establish more friendships, more uh romantic relationships and then policies romantic relationships and then policies romantic relationships and then policies that regulate big tech such that they that regulate big tech such that they that regulate big tech such that they don't have an economic incentive to don't have an economic incentive to don't have an economic incentive to sequester young men from their sequester young men from their sequester young men from their relationships from work, from school relationships from work, from school relationships from work, from school with their more dopah hungry, immature with their more dopah hungry, immature with their more dopah hungry, immature brains would solve a lot of our brains would solve a lot of our brains would solve a lot of our problems. So, are there different ways problems. So, are there different ways problems. So, are there different ways to demonstrate masculinity and be happy? to demonstrate masculinity and be happy? to demonstrate masculinity and be happy? Should you be more supportive of your Should you be more supportive of your Should you be more supportive of your partner who happens to be better at that partner who happens to be better at that partner who happens to be better at that money thing than you? Absolutely. In the money thing than you? Absolutely. In the money thing than you? Absolutely. In the in the short and medium run before we in the short and medium run before we in the short and medium run before we become a more evolved species, I'm here become a more evolved species, I'm here become a more evolved species, I'm here for it. I'm here for the world where the for it. I'm here for the world where the for it. I'm here for the world where the man is celebrating in those man is celebrating in those man is celebrating in those relationships where the man wants to relationships where the man wants to relationships where the man wants to stay home. Until then, we have to stay home. Until then, we have to stay home. Until then, we have to acknowledge the reality and that is men acknowledge the reality and that is men acknowledge the reality and that is men are disproportionately evaluated based are disproportionately evaluated based are disproportionately evaluated based on their economic strength, women on on their economic strength, women on on their economic strength, women on their aesthetics. And an economically their aesthetics. And an economically their aesthetics. And an economically unviable man feels really bad about unviable man feels really bad about unviable man feels really bad about himself and generally speaking has very himself and generally speaking has very himself and generally speaking has very little currency in the mating market. So little currency in the mating market. So little currency in the mating market. So where I start is how do we create where I start is how do we create where I start is how do we create structural changes that maintain the structural changes that maintain the structural changes that maintain the momentum of women? Maintain it. I don't momentum of women? Maintain it. I don't momentum of women? Maintain it. I don't buy this Charlie Kirk [ __ ] of of women buy this Charlie Kirk [ __ ] of of women buy this Charlie Kirk [ __ ] of of women were sold a bag of goods and they were were sold a bag of goods and they were were sold a bag of goods and they were told if they just worked really hard and told if they just worked really hard and told if they just worked really hard and they end up being partners in law firms they end up being partners in law firms they end up being partners in law firms and then they're miserable and and then they're miserable and and then they're miserable and childless. So what's the answer? Have childless. So what's the answer? Have childless. So what's the answer? Have them be broken alone? Of course they them be broken alone? Of course they them be broken alone? Of course they should continue to kill it. That's should continue to kill it. That's should continue to kill it. That's great. Good for them. But at the same great. Good for them. But at the same great. Good for them. But at the same time, let's figure out ways that young time, let's figure out ways that young time, let's figure out ways that young men, one in seven young men aren't men, one in seven young men aren't men, one in seven young men aren't neats, neither in employment, education, neats, neither in employment, education, neats, neither in employment, education, or training. That one in three of them or training. That one in three of them or training. That one in three of them aren't living at home under the age of aren't living at home under the age of aren't living at home under the age of 25. that one in five of them aren't 25. that one in five of them aren't 25. that one in five of them aren't living at home under the age of 30. What living at home under the age of 30. What living at home under the age of 30. What are the programs that do that? Male are the programs that do that? Male are the programs that do that? Male affirmative action. No, I don't want to affirmative action. No, I don't want to affirmative action. No, I don't want to go there. Programs that lift all young go there. Programs that lift all young go there. Programs that lift all young people up. Best thing for men, universal people up. Best thing for men, universal people up. Best thing for men, universal child care that takes an economic strain child care that takes an economic strain child care that takes an economic strain off of young families. More college off of young families. More college off of young families. More college freshman seats such that we can get more freshman seats such that we can get more freshman seats such that we can get more gay kids, more Republican white kids, gay kids, more Republican white kids, gay kids, more Republican white kids, more men, more women in college, which more men, more women in college, which more men, more women in college, which still is a fantastic upward lubricant. still is a fantastic upward lubricant. still is a fantastic upward lubricant. $25 an hour minimum wage. give people $25 an hour minimum wage. give people $25 an hour minimum wage. give people incentive to work and that would not incentive to work and that would not incentive to work and that would not hurt us if productivity if minimum wage hurt us if productivity if minimum wage hurt us if productivity if minimum wage kept pace with productivity and kept pace with productivity and kept pace with productivity and inflation it would be 23 bucks let's go inflation it would be 23 bucks let's go inflation it would be 23 bucks let's go crazy and raise it to 25 let's more crazy and raise it to 25 let's more crazy and raise it to 25 let's more housing the archetype of of a man I get housing the archetype of of a man I get housing the archetype of of a man I get it maybe what works for me doesn't work it maybe what works for me doesn't work it maybe what works for me doesn't work for young people but for young people but for young people but we don't want to recognize the world we we don't want to recognize the world we we don't want to recognize the world we live in um marriages become the new live in um marriages become the new live in um marriages become the new luxury item one in four men in the lower luxury item one in four men in the lower luxury item one in four men in the lower quintile of income earning households quintile of income earning households quintile of income earning households get married. Three and four men in the get married. Three and four men in the get married. Three and four men in the upper quintile get married. And well, upper quintile get married. And well, upper quintile get married. And well, marriage isn't the answer. Well, it's a marriage isn't the answer. Well, it's a marriage isn't the answer. Well, it's a pretty good answer for men. pretty good answer for men. pretty good answer for men. Men live four to seven years longer in a Men live four to seven years longer in a Men live four to seven years longer in a relationship. Women live longer, 2 to relationship. Women live longer, 2 to relationship. Women live longer, 2 to four years. But what it ends up is that four years. But what it ends up is that four years. But what it ends up is that men benefit more from relationships than men benefit more from relationships than men benefit more from relationships than women. Which isn't to say women owe men women. Which isn't to say women owe men women. Which isn't to say women owe men anything. It's to say that men do really anything. It's to say that men do really anything. It's to say that men do really well in relationships. And there are a well in relationships. And there are a well in relationships. And there are a lot of women out there that would like lot of women out there that would like lot of women out there that would like more economically and emotionally viable more economically and emotionally viable more economically and emotionally viable men. So, let's lift let's lift up young men. So, let's lift let's lift up young men. So, let's lift let's lift up young people. Let's let's figure out a way. people. Let's let's figure out a way. people. Let's let's figure out a way. Are you married? Are you married? Are you married? >> I am. Yeah. >> I am. Yeah. >> I am. Yeah. >> Okay. Do you enjoy being married? >> Okay. Do you enjoy being married? >> Okay. Do you enjoy being married? >> Aggressively. >> Aggressively. >> Aggressively. I I look I didn't want to get married. I I I look I didn't want to get married. I I I look I didn't want to get married. I didn't want to have kids. It has given didn't want to have kids. It has given didn't want to have kids. It has given me purpose and meaning in my life which me purpose and meaning in my life which me purpose and meaning in my life which I did not have. So, I am projecting it I did not have. So, I am projecting it I did not have. So, I am projecting it on other people. And by the way, my on other people. And by the way, my on other people. And by the way, my first marriage didn't work out. 84% of first marriage didn't work out. 84% of first marriage didn't work out. 84% of people, all this, all these Tik Toks people, all this, all these Tik Toks people, all this, all these Tik Toks about marriage is a failed technology. about marriage is a failed technology. about marriage is a failed technology. Well, then why do 84% of people who did Well, then why do 84% of people who did Well, then why do 84% of people who did it once and it didn't work out get it once and it didn't work out get it once and it didn't work out get remarried within 5 years? So you you I I remarried within 5 years? So you you I I remarried within 5 years? So you you I I anyone listening to your podcast, Dom, anyone listening to your podcast, Dom, anyone listening to your podcast, Dom, is not going to be surprised by this. I is not going to be surprised by this. I is not going to be surprised by this. I struggle with depression and anger. So I struggle with depression and anger. So I struggle with depression and anger. So I decided I'm going to write a book on decided I'm going to write a book on decided I'm going to write a book on happiness. I wrote a book called The happiness. I wrote a book called The happiness. I wrote a book called The Algebra of Happiness. I have read I Algebra of Happiness. I have read I Algebra of Happiness. I have read I think every peer-reviewed research study think every peer-reviewed research study think every peer-reviewed research study on happiness. It all comes down to the on happiness. It all comes down to the on happiness. It all comes down to the basic things. Number two, a basic level basic things. Number two, a basic level basic things. Number two, a basic level of economic sustainability. You don't of economic sustainability. You don't of economic sustainability. You don't have to be rich. You just have to be have to be rich. You just have to be have to be rich. You just have to be able to have some level of healthcare able to have some level of healthcare able to have some level of healthcare and education. But the number one number and education. But the number one number and education. But the number one number one source of happiness is the number of one source of happiness is the number of one source of happiness is the number of deep and meaningful relationships you deep and meaningful relationships you deep and meaningful relationships you have. And unfortunately for a man, his have. And unfortunately for a man, his have. And unfortunately for a man, his relationship with himself and his relationship with himself and his relationship with himself and his ability to have a primary relationship ability to have a primary relationship ability to have a primary relationship with a romantic partner is unfairly with a romantic partner is unfairly with a romantic partner is unfairly and absolutely inextricably linked to and absolutely inextricably linked to and absolutely inextricably linked to his economic viability. And until our his economic viability. And until our his economic viability. And until our species changes, species changes, species changes, that's not going to change. So let's at that's not going to change. So let's at that's not going to change. So let's at least have an honest conversation around least have an honest conversation around least have an honest conversation around how we level up the mental health, the how we level up the mental health, the how we level up the mental health, the prosperity, and the purpose of our young prosperity, and the purpose of our young prosperity, and the purpose of our young people. Should it come at the cost of people. Should it come at the cost of people. Should it come at the cost of women? 100% women? 100% women? 100% no. Are women responsible for fixing no. Are women responsible for fixing no. Are women responsible for fixing this? No. Are they responsible for this this? No. Are they responsible for this this? No. Are they responsible for this problem? No. First and foremost, young problem? No. First and foremost, young problem? No. First and foremost, young men need to level up. I hate the term men need to level up. I hate the term men need to level up. I hate the term incel. When I coach young men and he incel. When I coach young men and he incel. When I coach young men and he describes himself as an incel, I'm like, describes himself as an incel, I'm like, describes himself as an incel, I'm like, "No, I met you. You're not Brad Pitt, "No, I met you. You're not Brad Pitt, "No, I met you. You're not Brad Pitt, but you're not badl looking. You're but you're not badl looking. You're but you're not badl looking. You're you're you're not disabled. You're e you're you're not disabled. You're e you're you're not disabled. You're e you're you you have you're physically you're you you have you're physically you're you you have you're physically fine. You're a little [ __ ] up in the fine. You're a little [ __ ] up in the fine. You're a little [ __ ] up in the head, but you're you wouldn't you head, but you're you wouldn't you head, but you're you wouldn't you wouldn't be described as clinically wouldn't be described as clinically wouldn't be described as clinically depressed. You are a vill. You are depressed. You are a vill. You are depressed. You are a vill. You are voluntarily celibate, right? I wanted a voluntarily celibate, right? I wanted a voluntarily celibate, right? I wanted a girlfriend desperately when I was in girlfriend desperately when I was in girlfriend desperately when I was in high school. I wanted to have sex high school. I wanted to have sex high school. I wanted to have sex desperately. I could not find anyone to desperately. I could not find anyone to desperately. I could not find anyone to do that with me. Uh so quote unquote, it do that with me. Uh so quote unquote, it do that with me. Uh so quote unquote, it was an incel. I worked on myself. I was an incel. I worked on myself. I was an incel. I worked on myself. I worked out. I tried to develop worked out. I tried to develop worked out. I tried to develop excellence. I went to college. I excellence. I went to college. I excellence. I went to college. I developed a sense of resilience. I developed a sense of resilience. I developed a sense of resilience. I started talking to women and I entered started talking to women and I entered started talking to women and I entered into a series of skills such that I into a series of skills such that I into a series of skills such that I could develop the most important things could develop the most important things could develop the most important things that have given me purpose and meaning that have given me purpose and meaning that have given me purpose and meaning in my life. Friends, colleagues at work in my life. Friends, colleagues at work in my life. Friends, colleagues at work and uh a wonderful mate I get to raise and uh a wonderful mate I get to raise and uh a wonderful mate I get to raise these wonderful kids with. I want to these wonderful kids with. I want to these wonderful kids with. I want to create the infrastructure such that more create the infrastructure such that more create the infrastructure such that more and more young people have access to and more young people have access to and more young people have access to that. And if they decide they don't want that. And if they decide they don't want that. And if they decide they don't want it, have at it. Watch Netflix all day, it, have at it. Watch Netflix all day, it, have at it. Watch Netflix all day, do your own thing, go to Sanrope, be do your own thing, go to Sanrope, be do your own thing, go to Sanrope, be alone. But 60% of 30-year-olds used to alone. But 60% of 30-year-olds used to alone. But 60% of 30-year-olds used to have a child in the house. Now it's 27%. have a child in the house. Now it's 27%. have a child in the house. Now it's 27%. Is that because they've all discovered Is that because they've all discovered Is that because they've all discovered that ch children suck and they don't that ch children suck and they don't that ch children suck and they don't want children? No. It's because they're want children? No. It's because they're want children? No. It's because they're having trouble finding a viable mate and having trouble finding a viable mate and having trouble finding a viable mate and they have less money. So I want to go to they have less money. So I want to go to they have less money. So I want to go to the world where men are celebrated on the world where men are celebrated on the world where men are celebrated on their character and their per and their their character and their per and their their character and their per and their self worth. Call me when we get there. self worth. Call me when we get there. self worth. Call me when we get there. If you like this conversation, check out If you like this conversation, check out If you like this conversation, check out this episode to learn more. America is this episode to learn more. America is this episode to learn more. America is in a precarious position. We show no in a precarious position. We show no in a precarious position. We show no signs of being willing to cut spending. signs of being willing to cut spending. signs of being willing to cut spending. So without massive growth, we will go So without massive growth, we will go So without massive growth, we will go bankrupt. But where is that growth going bankrupt. But where is that growth going bankrupt. But where is that growth going to come from? We're supposed to be the to come from? We're supposed to be the to come from? We're supposed to be the ultimate dealmaker on the global stage. ultimate dealmaker on the global stage. ultimate dealmaker on the global stage. were supposedly the ones holding