WEBVTT 1 00:00:22.239 --> 00:00:25.160 Hi, How are you Welcome to the Big Podcast. It 2 00:00:25.320 --> 00:00:31.160 is Wednesday. Today is the twenty ninth day of October, 3 00:00:31.359 --> 00:00:34.479 year of Our Lord, twenty twenty five. My name is 4 00:00:34.520 --> 00:00:39.479 Tom Sullivan. Welcome to the podcast. We have we have 5 00:00:39.560 --> 00:00:42.280 a lot to go over today. We've got a big 6 00:00:43.560 --> 00:00:49.039 unveiling of what looks like political games that were being 7 00:00:49.079 --> 00:00:56.079 played by by the prosecutors at the US Department of 8 00:00:56.240 --> 00:00:59.600 Justice and the Biden administration. They called it Arctic frost. 9 00:00:59.719 --> 00:01:03.159 Chuck Grassley is all over that. We've got the president 10 00:01:03.560 --> 00:01:06.159 doing trade deals. I mean, he goes off to the 11 00:01:06.200 --> 00:01:08.480 Middle East, he does a bunch of trade deals. He 12 00:01:08.560 --> 00:01:11.640 goes off to Asia. He's doing a bunch of trade deals. 13 00:01:12.040 --> 00:01:16.879 And tonight he is tonight our time tomorrow in Asia 14 00:01:16.959 --> 00:01:20.439 he is meeting with President she. But we'll go over 15 00:01:20.480 --> 00:01:23.079 some of the trade deals that were cut today. The 16 00:01:23.159 --> 00:01:26.719 shut down continues. Day twenty nine. The Fed cut interest 17 00:01:26.799 --> 00:01:31.359 rates exactly as expected, by a quarter of one percent, 18 00:01:32.079 --> 00:01:34.519 and all of a sudden, climate change is becoming a 19 00:01:34.560 --> 00:01:40.319 big deal because Bill Gates, who has yesterday I was 20 00:01:40.359 --> 00:01:44.239 talking about Gates spent over one point three billion dollars, no, 21 00:01:44.680 --> 00:01:49.680 three and a half billion dollars and I don't want 22 00:01:49.680 --> 00:01:52.239 to say down the tubes, but kind of and I 23 00:01:52.359 --> 00:01:55.599 think he's throwing in the towel and saying no, actually, 24 00:01:55.680 --> 00:02:00.040 mankind is not going to be wiped out, and if so, 25 00:02:00.079 --> 00:02:01.719 it was. I mean, if you think about it, you 26 00:02:01.760 --> 00:02:05.799 go back to some of the climate change people that 27 00:02:05.920 --> 00:02:09.560 have been out from King Charles, who was Prince Charles 28 00:02:09.599 --> 00:02:11.599 at the time. But this has been going on for 29 00:02:11.599 --> 00:02:15.240 thirty years about the demise of Mother Earth and that 30 00:02:15.319 --> 00:02:19.159 we're all going to die and within five years, ten years, 31 00:02:19.800 --> 00:02:22.159 and we're still here. So there's a lot to talk 32 00:02:22.199 --> 00:02:26.560 about that as well. And the economy. Of course, we'll 33 00:02:26.599 --> 00:02:29.879 go over the economy. Let me start. Let me start 34 00:02:29.879 --> 00:02:32.560 with some of the trade deals that have been done. 35 00:02:33.319 --> 00:02:36.400 The President was still in South Korea, but he met 36 00:02:36.560 --> 00:02:42.599 with the South Korean leader and they they're all doing 37 00:02:42.680 --> 00:02:48.599 the same thing. He got like the crown jewels as 38 00:02:48.639 --> 00:02:55.719 a gift. I mean they're massive, amazing jewelry and also 39 00:02:56.120 --> 00:02:59.120 a crown, so they say there's no king. Well, he 40 00:02:59.439 --> 00:03:04.439 got himself gold crown from South Korea. But Korea said 41 00:03:05.120 --> 00:03:09.560 that they were going to invest three hundred and fifty 42 00:03:09.800 --> 00:03:15.199 billion dollars in the United States. We then turned around 43 00:03:15.280 --> 00:03:21.039 and lowered the auto tariffs for cars coming from South 44 00:03:21.120 --> 00:03:25.159 Korea to fifteen percent. They were twenty five percent, so 45 00:03:25.199 --> 00:03:30.479 that gives a better deal. And the semiconductors that they 46 00:03:30.560 --> 00:03:34.080 make in South Korea are going to have a teriff 47 00:03:34.159 --> 00:03:38.319 on them similar to the to the to the electronic 48 00:03:38.360 --> 00:03:47.319 goods that we buy from Taiwan in Japan. Toyota already 49 00:03:47.439 --> 00:03:51.960 has invested fifty billion dollars in the US with Toyo. 50 00:03:52.039 --> 00:03:56.080 There's factories in a number of places around the United States, 51 00:03:56.599 --> 00:04:00.000 fifty billion dollars worth of investments and forty nine dollars 52 00:04:00.240 --> 00:04:05.240 and employees worked for Toyota here in the US. But 53 00:04:05.919 --> 00:04:08.039 they're going to add to that. Toyota is going to 54 00:04:08.319 --> 00:04:13.800 build another ten billion dollars worth of auto plants. And 55 00:04:14.240 --> 00:04:17.360 let's see, we're going to have a thirty billion dollar 56 00:04:17.439 --> 00:04:22.759 partnership with Mitsubishi, and we've cut some sort of framework. 57 00:04:22.839 --> 00:04:25.279 We don't have the agreement, but we've got a framework 58 00:04:25.720 --> 00:04:31.000 with Japan on rare earth minerals, critical minerals that we want, 59 00:04:31.079 --> 00:04:34.720 and believe it or not, little old Japan, which is 60 00:04:34.759 --> 00:04:38.360 not that big, they apparently have some minerals that we want. 61 00:04:38.480 --> 00:04:42.120 So that is owing on the plane going from Japan 62 00:04:42.240 --> 00:04:45.319 to South Korea. One of the reporters asked him, so, 63 00:04:45.839 --> 00:04:47.920 are you going to run for that third term or not? 64 00:04:50.079 --> 00:04:53.519 And he said no. He said no, I'm not allowed to. 65 00:04:54.480 --> 00:05:00.240 So I think the whole Steve Bannon thing and present 66 00:05:00.319 --> 00:05:04.959 Trump they love the dizzyank the chain of people in 67 00:05:06.000 --> 00:05:11.879 the media. I want to play a clip from an 68 00:05:11.920 --> 00:05:20.079 interview that Senator Chris Kuns, the Democrat from Delaware, said today. 69 00:05:20.160 --> 00:05:25.319 He was very concerned about the fact that it looks 70 00:05:25.480 --> 00:05:28.160 like and he's worried that the president is going to 71 00:05:28.199 --> 00:05:34.720 allow China to buy and Vidia's super duper latest greatest 72 00:05:34.800 --> 00:05:39.319 chip called the Blackstone Chip. And well, let me play 73 00:05:39.319 --> 00:05:41.439 here's Senator Chris kuons. 74 00:05:41.199 --> 00:05:44.199 Sid and Trump did that interview while he's flying to 75 00:05:44.319 --> 00:05:48.800 a meeting in Korea where he now is soon with Jijingping. 76 00:05:49.240 --> 00:05:52.959 And I am alarmed by reports in that press conference 77 00:05:53.240 --> 00:05:57.240 from President Trump that he is considering allowing in video 78 00:05:57.720 --> 00:06:01.879 to sell China their most advanced it's called the Blackwell 79 00:06:02.199 --> 00:06:05.519 and it's twenty times more powerful than the chips he's 80 00:06:05.600 --> 00:06:09.639 recently allowed China access to. John the defining fight of 81 00:06:09.680 --> 00:06:14.079 the twenty first century will be who controls artificial intelligence, 82 00:06:14.399 --> 00:06:17.759 whether it's written and controlled and played out on the 83 00:06:17.759 --> 00:06:21.160 guidelines of the Chinese Communist Party, which will use it 84 00:06:21.240 --> 00:06:26.040 to attack our systems through cyber attacks, our military, to 85 00:06:26.199 --> 00:06:30.480 challenge our economic role and our system or whether artificial 86 00:06:30.519 --> 00:06:34.920 intelligence reinforces free and open societies. I think it would 87 00:06:34.920 --> 00:06:38.399 be a tragic mistake for President Trump, in order to 88 00:06:38.439 --> 00:06:42.040 get some soybean orders out of China to sell them 89 00:06:42.240 --> 00:06:44.480 these critical cutting edge AI chips. 90 00:06:45.079 --> 00:06:47.920 So that's Chris Coon's argument, and he's not alone. There's 91 00:06:47.920 --> 00:06:51.720 been others. Did I say black student's Blackwell Blackwell chip? 92 00:06:53.079 --> 00:06:56.360 What happened? Go back a few months and the President 93 00:06:56.439 --> 00:07:01.680 put the kabash on one of and Vidia's best chips 94 00:07:02.360 --> 00:07:06.480 and then later changed his mind. And the reason why 95 00:07:07.720 --> 00:07:10.879 was because a lot of people in the world of trade, 96 00:07:10.920 --> 00:07:14.839 more importantly in the tech world of trade, said, you 97 00:07:15.079 --> 00:07:19.279 want them to be able to buy in Vidia's best chip, 98 00:07:19.959 --> 00:07:22.279 don't keep it from them, because if you keep it 99 00:07:22.319 --> 00:07:26.480 from them, they will steal the technology, they will create 100 00:07:26.600 --> 00:07:29.920 a chip that is as good, if not better, They 101 00:07:30.519 --> 00:07:35.279 will figure out how to do it. So instead do 102 00:07:35.560 --> 00:07:39.319 like what Intel used to do when they were the kingpins. 103 00:07:39.920 --> 00:07:45.680 Is that Intel became the chip to own. Nothing else 104 00:07:46.160 --> 00:07:49.600 quite measured up. AMD and all the others tried, but 105 00:07:49.800 --> 00:07:56.120 as a result, all the competition basically was thwarted by Intel. 106 00:07:56.560 --> 00:07:59.319 And that's what they're rolling the dice on is that 107 00:07:59.560 --> 00:08:05.560 if we can let Nvidia just flood the world markets 108 00:08:05.680 --> 00:08:09.199 with their best equipment, there's nobody else is going to 109 00:08:09.240 --> 00:08:11.360 be able to compete with them. Nobody's going to take 110 00:08:11.360 --> 00:08:15.120 the time. Everybody that will want to do anything in 111 00:08:15.199 --> 00:08:20.680 technology will want the and video chip, not some knockoff 112 00:08:20.759 --> 00:08:24.639 made by some Chinese tech center, but it would be. 113 00:08:25.120 --> 00:08:29.399 So that's the reason why I'm assuming that the president 114 00:08:29.680 --> 00:08:33.080 is going to allow this chip to be sold to 115 00:08:33.559 --> 00:08:35.840 other people in China. But that's the theory behind it, 116 00:08:36.279 --> 00:08:40.000 and we'll see how it turns out if in fact 117 00:08:40.120 --> 00:08:48.559 it is approved. Shut Down day twenty nine. So there's 118 00:08:48.600 --> 00:08:50.639 a lot of bills floating around, a lot of ideas 119 00:08:50.639 --> 00:08:54.120 trying to figure out how to stop this. And there's 120 00:08:54.120 --> 00:08:56.519 a bunch of people in Washington that are saying, well, 121 00:08:56.519 --> 00:09:02.159 why don't we have a bill to pay the military? Okay, 122 00:09:02.360 --> 00:09:05.919 then why don't we have a bill uh to put 123 00:09:05.919 --> 00:09:10.759 the money up for the food stamps. Then somebody else well, 124 00:09:10.759 --> 00:09:12.960 why don't we have a bill to pay the air 125 00:09:12.960 --> 00:09:17.919 traffic controllers and they're going through these piecemeal bills, and 126 00:09:18.039 --> 00:09:21.960 Senator John Kennedy explained why he's opposed to that. 127 00:09:23.240 --> 00:09:29.240 If you start taking the pressure off senators, then then 128 00:09:29.279 --> 00:09:32.080 that leaves of they shut down will last that much longer. 129 00:09:32.279 --> 00:09:35.080 And once you start picking and choosing helping this group 130 00:09:35.519 --> 00:09:40.399 versus that group, I'm willing to consider each on the marriage. 131 00:09:40.480 --> 00:09:43.960 But you enter a sliper slope. 132 00:09:44.399 --> 00:09:46.960 The other side of the aisle, Senator John Fetterman, I 133 00:09:46.960 --> 00:09:49.000 guess he's on the other side of the aisle. He 134 00:09:49.080 --> 00:09:51.080 also waited on that idea. 135 00:09:51.799 --> 00:09:56.480 When you have world kitchen feeding you no government workers. 136 00:09:56.559 --> 00:09:59.159 I mean that that's the absurdity of this, and that's 137 00:09:59.200 --> 00:10:02.960 why like pay these people open things up. I don't 138 00:10:02.960 --> 00:10:05.559 know why we're in this doing in this situation. 139 00:10:06.120 --> 00:10:08.840 So he really didn't have an answer about it other 140 00:10:08.919 --> 00:10:12.200 than it's a shame. Of course, it's a shame. Senator 141 00:10:12.279 --> 00:10:16.200 John Thune, who is the leader, the majority leader in 142 00:10:16.279 --> 00:10:22.039 the Senate, had a long speech that he gave on 143 00:10:22.080 --> 00:10:24.440 the floor of the Senate today. I wanted to pull 144 00:10:25.039 --> 00:10:27.840 a little bit of it for you because I thought 145 00:10:28.679 --> 00:10:32.000 he was very he was very thoughtful about where we 146 00:10:32.039 --> 00:10:33.159 are with the shutdown. 147 00:10:33.240 --> 00:10:35.480 What about the forty million Americans that are going to 148 00:10:35.480 --> 00:10:38.480 not get snap benefits starting on Saturday if the government 149 00:10:38.480 --> 00:10:43.399 doesn't open up, But every day gets better Corey center Schumer. 150 00:10:43.840 --> 00:10:46.279 And then of course this last week there was the 151 00:10:46.480 --> 00:10:50.440 House Democrat whip who said, of course there will be 152 00:10:50.480 --> 00:10:52.759 families that are going to suffer, but it is one 153 00:10:52.799 --> 00:10:58.120 of the few leverage times we have. Of course there 154 00:10:58.120 --> 00:11:00.440 are families that are going to up for. 155 00:11:01.879 --> 00:11:02.840 Yeah. 156 00:11:03.279 --> 00:11:08.480 True, but it doesn't matter because we got leverage. Then, 157 00:11:08.480 --> 00:11:10.200 of course we have a third one here one of 158 00:11:10.240 --> 00:11:13.080 our colleagues here in the Senate, the senator from Delaware, 159 00:11:13.679 --> 00:11:17.320 who said this in an interview, frankly, this is our 160 00:11:17.360 --> 00:11:21.639 only moment of leverage. And although a very unpleasant tool 161 00:11:21.840 --> 00:11:27.240 to use, Yeah, yeah, it's unpleasant. It's unpleasant unless you're 162 00:11:27.279 --> 00:11:30.039 a Democrat who thinks that this gives you a moment 163 00:11:30.120 --> 00:11:35.799 of leverage. So unless there be any question about who 164 00:11:36.600 --> 00:11:40.759 is responsible for shutting the government down, make no mistake 165 00:11:40.840 --> 00:11:44.480 about it, these guys are the ones who are out 166 00:11:44.480 --> 00:11:49.159 there bragging about it getting better for us every single day, 167 00:11:49.879 --> 00:11:51.519 or we have more leverage now. 168 00:11:53.159 --> 00:11:53.840 This President. 169 00:11:54.519 --> 00:11:56.080 This has gone on long enough. 170 00:11:57.559 --> 00:12:03.759 We made it abundantly clear that this is not about 171 00:12:04.080 --> 00:12:09.159 what the Democrats say it's about it's about the president 172 00:12:09.639 --> 00:12:13.519 in the White House. This is TDS, this is Trump 173 00:12:13.600 --> 00:12:19.080 Derangement syndrome on steroids, and they are asking the American 174 00:12:19.080 --> 00:12:23.440 people to pay the price for that. Thirteen times when 175 00:12:23.480 --> 00:12:27.399 Biden was present, they had no issues with funding the 176 00:12:27.399 --> 00:12:30.840 federal government with a clean CR. Now we bring a 177 00:12:30.879 --> 00:12:37.039 clean non partisan CR. No partisan writers, no policies, Republican 178 00:12:37.080 --> 00:12:40.720 policies attacked, just funds. The government comes over from the 179 00:12:40.759 --> 00:12:44.720 House a month ago. Now we put it here just 180 00:12:44.840 --> 00:12:47.120 asking a handful of Democrats to join us, because as 181 00:12:47.159 --> 00:12:50.600 we know, it takes sixty in the Senate, and most 182 00:12:50.639 --> 00:12:53.519 people understand that, I mean, they're trying to ignore the 183 00:12:53.559 --> 00:12:56.480 fact now that the Republicans have control of Washington, they 184 00:12:56.480 --> 00:12:58.480 have the House, the Senate, the White House. Anybody who 185 00:12:58.480 --> 00:13:02.960 follows this knows then in the United States Senate, the rules, 186 00:13:03.000 --> 00:13:05.159 the procedures, and the Senate by which we operate and 187 00:13:05.200 --> 00:13:09.480 are governed require sixty vote threshold. So it takes more 188 00:13:09.519 --> 00:13:13.120 than fifty one, meaning since we have fifty three Republicans, 189 00:13:13.120 --> 00:13:15.080 it's going to take a handful of Democrats. We've been 190 00:13:15.080 --> 00:13:19.159 able to generate fifty five votes consistently now thirteen different 191 00:13:19.240 --> 00:13:23.080 times for funding the government, opening up the government, but 192 00:13:23.240 --> 00:13:24.080 we need five more. 193 00:13:24.919 --> 00:13:26.879 Well, I think they're not going to get them until 194 00:13:26.919 --> 00:13:30.960 after election day, election days next Tuesday, So I don't 195 00:13:32.279 --> 00:13:35.679 I truly believe that John Thune was right. There is 196 00:13:35.720 --> 00:13:40.759 an element of Trump arrangements syndrome. They do not want 197 00:13:40.799 --> 00:13:45.080 to look to their base, the Democrat base, that they 198 00:13:45.120 --> 00:13:50.799 are cooperating or doing anything that would make Trump be happy. 199 00:13:51.320 --> 00:13:53.919 So that's part of it. The other part of it, 200 00:13:53.919 --> 00:13:56.639 and that's going to play a big part on We're 201 00:13:56.639 --> 00:13:59.840 not going to do anything until after election day because 202 00:13:59.840 --> 00:14:03.360 we don't want Democrats turning on us like they did 203 00:14:03.399 --> 00:14:06.759 the last time that Chuck Schumer went along with an 204 00:14:06.799 --> 00:14:11.759 increase in the debt limit and they excoriated him, and 205 00:14:11.879 --> 00:14:16.240 he doesn't want that again. Democrats are afraid that Democrats 206 00:14:16.240 --> 00:14:18.159 are going to turn on them if they do anything 207 00:14:18.200 --> 00:14:22.320 before election day. So I suspect after next Tuesday, all 208 00:14:22.320 --> 00:14:25.799 of a sudden presto changeol there will be a solution. 209 00:14:25.960 --> 00:14:29.919 But meantime, there's forty two million people that are on 210 00:14:30.080 --> 00:14:33.519 food stamps I've railed about this the last couple of days. 211 00:14:34.480 --> 00:14:36.759 There's a lot of people of that forty two million 212 00:14:36.799 --> 00:14:39.759 who don't need to be on those food stamps. But 213 00:14:40.080 --> 00:14:43.120 let's just look at who that is. Of the forty 214 00:14:43.120 --> 00:14:49.320 two million, seventy three percent are at or below the 215 00:14:49.360 --> 00:14:52.440 poverty level. And you want to know what the poverty 216 00:14:52.519 --> 00:14:56.279 level is, Well, the national poverty level is. For someone, 217 00:14:56.759 --> 00:15:01.320 an individual that makes fifteen thousand, in six hundred and 218 00:15:01.399 --> 00:15:06.480 fifty dollars or less is at the poverty level or below. 219 00:15:07.200 --> 00:15:09.919 That's one single individual. If it's a family of two, 220 00:15:10.840 --> 00:15:13.600 it goes up a little bit up to twenty one thousand, 221 00:15:13.679 --> 00:15:16.960 one hundred and fifty dollars at or below is the 222 00:15:16.960 --> 00:15:20.519 poverty level. Family of three, twenty six thousand, six hundred 223 00:15:20.519 --> 00:15:24.480 and fifty dollars, family of four to thirty two thousand, 224 00:15:25.039 --> 00:15:29.480 one hundred and fifty dollars. So those are the poverty levels. 225 00:15:29.519 --> 00:15:32.720 And seventy three percent of the people that are of 226 00:15:32.759 --> 00:15:35.919 the forty two million that are on food stamps are 227 00:15:35.960 --> 00:15:41.720 added below the poverty level. Okay, we can dig into why, 228 00:15:42.440 --> 00:15:47.639 but regardless, seventy three percent of them are below adder 229 00:15:47.679 --> 00:15:51.000 below the poverty level. What about the other twenty seven percent, 230 00:15:51.039 --> 00:15:53.840 Who were they and why are they on this? The 231 00:15:53.879 --> 00:15:59.720 average benefit, the foodstamp benefit, The average is three hundred 232 00:15:59.720 --> 00:16:02.799 and three thirty two dollars a month. Well, I don't 233 00:16:02.840 --> 00:16:06.440 know how much you spend on groceries. Groceries certainly are 234 00:16:06.480 --> 00:16:10.600 more expensive. That doesn't go very far. But we are 235 00:16:10.639 --> 00:16:14.799 now at the point in this country where one out 236 00:16:14.840 --> 00:16:20.200 of every eight people are on food stamps. One out 237 00:16:20.240 --> 00:16:23.519 of eight. Look around, if you see seven other people, 238 00:16:23.600 --> 00:16:27.039 one of you is on food stamps, and it's not 239 00:16:27.399 --> 00:16:31.840 a Republican versus Democrat. There's a lot of food stamps 240 00:16:32.919 --> 00:16:39.360 in red states. So we'll see what happens. But I 241 00:16:39.360 --> 00:16:41.399 don't think it's going to break before our election day. 242 00:16:41.399 --> 00:16:46.759 That's just my wild guess. On all of this climate. 243 00:16:46.840 --> 00:16:49.000 I told you there's a lot of talk about climate. 244 00:16:50.120 --> 00:16:53.720 That's because Bill Gates all of a sudden is talking 245 00:16:53.720 --> 00:16:57.320 about the fact that we're going to be just fine, 246 00:16:57.600 --> 00:17:01.000 and he's taking his money and focusing on helping people 247 00:17:01.600 --> 00:17:07.119 that are hurting or maybe hungry instead of on we 248 00:17:07.200 --> 00:17:09.400 have We're going to fix the climate when it comes, 249 00:17:09.720 --> 00:17:12.559 you know, one hundred years down the road. So let 250 00:17:12.559 --> 00:17:15.960 me play a montage of a number of people, Al 251 00:17:16.079 --> 00:17:18.880 Gore and Bernie Sanders a bunch of people in this 252 00:17:19.000 --> 00:17:24.400 montage about how the climate is so critical. Here's what 253 00:17:24.440 --> 00:17:32.480 they had to say. Certainly, climate change, we'll make entire 254 00:17:32.519 --> 00:17:38.400 ecosystems die off. It'll make parts of the world you know, 255 00:17:38.440 --> 00:17:39.279 impossibly live in. 256 00:17:39.599 --> 00:17:43.920 It is rushing at us with such speed and force. 257 00:17:44.440 --> 00:17:47.400 It's completely unprecedented. 258 00:17:47.519 --> 00:17:49.319 The world is going to end in twelve years if 259 00:17:49.359 --> 00:17:50.720 we don't address climate change. 260 00:17:50.799 --> 00:17:53.839 The world that you will be bringing your children up 261 00:17:53.880 --> 00:17:58.599 in and your grandchildren up in will be increasingly unhealthy 262 00:17:59.400 --> 00:18:00.680 and un inhabitable. 263 00:18:00.759 --> 00:18:03.640 It is what we decide now. It will define the 264 00:18:03.680 --> 00:18:05.200 rest of humanity's future. 265 00:18:06.519 --> 00:18:10.920 So Kennedy, who will sing, you'll handily save the world, 266 00:18:11.000 --> 00:18:15.119 she always says, had this reaction to the montage. 267 00:18:15.640 --> 00:18:18.480 Yes, the sugar Daddy is a little bit fickle on 268 00:18:18.519 --> 00:18:21.799 this issue, and he is going to be diverting his 269 00:18:21.920 --> 00:18:25.160 assets to where he sees they are most needed, which 270 00:18:25.200 --> 00:18:30.319 is essentially preserving life from things like hunger and pests 271 00:18:30.319 --> 00:18:35.000 and disease. And that was originally the focus of his foundation, 272 00:18:35.559 --> 00:18:39.759 and then he got hypnotized by these climate hysterics. Unfortunately, 273 00:18:39.799 --> 00:18:42.319 the rest of the world and for those of us 274 00:18:42.359 --> 00:18:45.559 who will have to pay higher taxes because of climate 275 00:18:45.680 --> 00:18:49.119 policy that is driven by these hysterics. People have gotten 276 00:18:49.200 --> 00:18:52.519 hysteria fatigue, and they've been told since the mid nineties 277 00:18:52.559 --> 00:18:55.079 the world is going to end. It's like that was 278 00:18:55.160 --> 00:18:58.720 thirty years ago and we are still here. Our technology 279 00:18:58.759 --> 00:19:02.559 is getting better, cars are greener, more people have solar 280 00:19:02.640 --> 00:19:05.519 panels of their own choosing. So when are they going 281 00:19:05.599 --> 00:19:08.559 to actually admit that things are better now than they were. 282 00:19:08.480 --> 00:19:09.359 A few decades after. 283 00:19:09.400 --> 00:19:12.559 So speaking of hunger and food stamps and all these 284 00:19:12.599 --> 00:19:15.799 other topics about food, I know we've all seen the 285 00:19:15.880 --> 00:19:20.759 videos of people starving in some god forsaken part of 286 00:19:20.920 --> 00:19:26.039 the world, Sudan or some other part, But seriously, do 287 00:19:26.160 --> 00:19:30.759 you see reports about people that are dying in the 288 00:19:30.759 --> 00:19:37.000 streets of America from hunger. I know there are probably 289 00:19:37.039 --> 00:19:40.640 people that go to bed at night with that are hungry, 290 00:19:41.160 --> 00:19:44.720 but we do have food and we do have food programs. 291 00:19:44.759 --> 00:19:47.720 So again, the pressure is going to ramp up after 292 00:19:47.759 --> 00:19:50.599 this weekend. But as far as the climate and the 293 00:19:50.640 --> 00:19:54.160 world's going to come to an end, there's even Bill 294 00:19:54.240 --> 00:19:57.400 Gates is going I used to think that, but I 295 00:19:57.400 --> 00:20:00.799 don't anymore. There's Noah Rothmuan from National Review. 296 00:20:00.920 --> 00:20:02.759 Yeah, this is just background radiation. 297 00:20:02.799 --> 00:20:04.559 As Kennedy said, I was reading up on something that 298 00:20:04.559 --> 00:20:07.559 had to do with Gaza and you just came across 299 00:20:07.599 --> 00:20:10.400 this little statement from a United Nations institution that said 300 00:20:10.440 --> 00:20:12.720 Gaza will be uninhabitable in twenty twenty. It's just like, 301 00:20:13.079 --> 00:20:14.759 just throw this sort of thing out there, and they 302 00:20:14.799 --> 00:20:17.920 have no compunction about it and no interest in revisiting 303 00:20:17.960 --> 00:20:19.759 these claims because no one will ever call them out 304 00:20:19.759 --> 00:20:22.880 to it. That distant shriek you hear from Bill Gates's 305 00:20:22.920 --> 00:20:25.799 report is the sound of the activist groups screaming for 306 00:20:25.839 --> 00:20:29.039 their fundraising. There's been a subrosa schism I think within 307 00:20:29.079 --> 00:20:31.240 the climate movement that you kind of only know it 308 00:20:31.240 --> 00:20:33.920 if you're deep within it. There are those who are philanthropists, 309 00:20:34.119 --> 00:20:36.799 who are anthropocentric, who think that we should seek better 310 00:20:36.799 --> 00:20:41.000 outcomes for people, and there are misanthropes who advocate the industrialization, 311 00:20:41.319 --> 00:20:43.599 who say that humanity is really the problem and we 312 00:20:43.640 --> 00:20:47.319 should be pairing back human comforts and our productivity generally 313 00:20:47.519 --> 00:20:50.200 in order to save the environment. This really puts the 314 00:20:50.200 --> 00:20:52.240 thumb on the scale in favor of the philanthropists and 315 00:20:52.279 --> 00:20:54.559 the altruists and saying, listen, we got to seek better outcome. 316 00:20:54.720 --> 00:20:57.799 Well, Mannon, who has devoted his life to studying about 317 00:20:57.920 --> 00:21:03.400 junk science. You're in lomboard. He runs the Copenhagen Consensus, 318 00:21:03.839 --> 00:21:06.799 and his view of Bill Gates and everybody all of 319 00:21:06.839 --> 00:21:08.680 a sudden kind of waking up to the fact that 320 00:21:08.960 --> 00:21:12.599 the Earth is not going to be in peril. Well, 321 00:21:12.920 --> 00:21:16.640 he has been on that opposition to that for a 322 00:21:16.720 --> 00:21:17.480 long long time. 323 00:21:17.839 --> 00:21:20.200 You all the time here whenever there's a hurricane, oh 324 00:21:20.279 --> 00:21:23.400 see global warming. But that's not how science work. You 325 00:21:23.559 --> 00:21:26.680 actually have to look at the totality of all the 326 00:21:26.759 --> 00:21:30.400 hurricanes that have hit the world, and actually we have 327 00:21:30.480 --> 00:21:33.079 a good measure for that. That's what science does, and 328 00:21:33.119 --> 00:21:36.519 it tells us right now we have seen activity of 329 00:21:36.559 --> 00:21:40.079 about eighty two percent of what we normally have. So 330 00:21:40.359 --> 00:21:44.799 in fact, we've seen less hurricane activity this year than 331 00:21:44.839 --> 00:21:48.000 we normally see. This is not an extreme year. This 332 00:21:48.119 --> 00:21:52.359 is just simply NGO's pointing at whatever they can find 333 00:21:52.359 --> 00:21:55.119 on TV and saying, see, global warning doesn't work here, 334 00:21:55.160 --> 00:21:58.079 it doesn't work everywhere else. When they point to places 335 00:21:58.079 --> 00:22:01.559 at burn, but forget that the global statistics say there's 336 00:22:01.680 --> 00:22:04.720 less burn. We need to look at the global statistics, 337 00:22:04.759 --> 00:22:07.480 not just whatever is fashionable right now? 338 00:22:07.599 --> 00:22:09.720 All right, but what about Bill Gates? So he's not 339 00:22:09.799 --> 00:22:14.079 doing what's fashionable, he's changing his investments completely. 340 00:22:15.119 --> 00:22:17.680 Well, I think, I mean, I don't know, you have 341 00:22:17.759 --> 00:22:20.319 to ask him, but I think what he's really doing 342 00:22:20.440 --> 00:22:24.640 is he's saying, if you look at the science, namely 343 00:22:24.920 --> 00:22:28.920 the climate economics, they've been telling us for many years 344 00:22:29.160 --> 00:22:32.000 that yes, there is a problem with climate, but you 345 00:22:32.119 --> 00:22:34.880 also need to look at what's the cost and what's 346 00:22:34.880 --> 00:22:37.880 the benefit. And that's exactly what Bill is now saying. 347 00:22:38.039 --> 00:22:41.200 He's saying, for every dollars back, you need to look 348 00:22:41.240 --> 00:22:44.799 at where can you do the most good for human welfare. 349 00:22:44.920 --> 00:22:48.039 And unfortunately, many of the climate policies that people suggest 350 00:22:48.279 --> 00:22:52.160 will cost hundreds of trillions of dollars and do very 351 00:22:52.240 --> 00:22:54.880 little good. Only one hundred years from now, there's so 352 00:22:55.079 --> 00:22:57.599 much more good we can do. You know, in Africa, 353 00:22:57.720 --> 00:23:00.319 not only are they telling us it's what they want 354 00:23:00.359 --> 00:23:01.920 to focus on, but it's where you can do a 355 00:23:01.960 --> 00:23:06.759 lot more good on education and nutrition, on disease. These 356 00:23:06.839 --> 00:23:09.720 are places where you can spend a little dollar, little 357 00:23:09.720 --> 00:23:12.759 amount of dollars and do an incredible amount of good. 358 00:23:12.839 --> 00:23:16.240 And that's what Bill Gates was doing on nutrition and 359 00:23:16.440 --> 00:23:21.559 education and diseased trying to find cures. Spent billions of 360 00:23:21.599 --> 00:23:24.359 dollars on that too, But he's wasted over three and 361 00:23:24.359 --> 00:23:28.000 a half a billion dollars of his own individual money. 362 00:23:28.599 --> 00:23:31.480 And you add up all the money's been spent on 363 00:23:31.519 --> 00:23:35.960 climate change. Trillions of dollars have been spent on that 364 00:23:36.119 --> 00:23:42.119 instead of focusing on things like education and disease. One 365 00:23:42.119 --> 00:23:44.359 group that has spent a huge amount of money is 366 00:23:44.400 --> 00:23:48.000 the World Bank, and Beyorn talked about that a little bit. 367 00:23:49.240 --> 00:23:53.240 So they actually say forty four percent of their money 368 00:23:53.519 --> 00:23:55.920 goes to climate and they're very proud of this. And 369 00:23:55.920 --> 00:23:59.279 of course, remember the World Bank was instituted to help 370 00:23:59.559 --> 00:24:03.759 poor people. Instead, we're spending forty four percent on this, 371 00:24:04.079 --> 00:24:07.119 on things that the poor themselves is saying, this is. 372 00:24:07.119 --> 00:24:07.960 Not what we want. 373 00:24:08.000 --> 00:24:11.839 First, we're essentially saying, yeah, I know that your problems 374 00:24:11.839 --> 00:24:13.960 with poverty, that I know that your kids might be 375 00:24:14.039 --> 00:24:17.319 dying tonight from easily curable infectious diseases. But you know what, 376 00:24:17.400 --> 00:24:20.279 We're going to cut carbon emissions instead, which will help 377 00:24:20.359 --> 00:24:23.000 you a tiny bit in one hundred years. It's really 378 00:24:23.039 --> 00:24:25.400 really wrong, and we need to stop this. We need 379 00:24:25.440 --> 00:24:28.039 to get the World Bank and everybody else back to 380 00:24:28.160 --> 00:24:30.200 basics and back to doing what really works. 381 00:24:30.359 --> 00:24:34.519 Our old friend Harrietton heard all about this climate story 382 00:24:34.599 --> 00:24:38.160 and he jumped on it. This is his the results 383 00:24:38.200 --> 00:24:39.160 of his opponing. 384 00:24:39.440 --> 00:24:42.519 Really, yeah, I think a lot of people will agree 385 00:24:42.519 --> 00:24:44.559 with Bill Gates that maybe this wouldn't be the end 386 00:24:44.559 --> 00:24:46.400 of humanity. And I think, you know, we've been talking 387 00:24:46.440 --> 00:24:50.240 about climate change now for decades upon decades upon decades, 388 00:24:50.559 --> 00:24:53.359 and the worry in terms of climate change, simply put, 389 00:24:53.400 --> 00:24:55.839 hasn't shifted. It has not reached the majority of Americans. 390 00:24:55.839 --> 00:24:57.839 What are we talking about greatly worried about climate change? 391 00:24:57.880 --> 00:24:59.519 You go all the way back to nineteen hundred and 392 00:24:59.559 --> 00:25:03.359 eighty nine, thirty five percent, two forty percent, twenty twenty 393 00:25:03.400 --> 00:25:05.839 forty six percent, and in twenty twenty five, look at that, 394 00:25:06.160 --> 00:25:09.000 it's forty percent, the same number as we had twenty 395 00:25:09.000 --> 00:25:12.160 five years ago, back in twenty two thousand, and then 396 00:25:12.200 --> 00:25:14.160 only just five points higher than we had back in 397 00:25:14.240 --> 00:25:15.519 nineteen hundred and eighty nine. 398 00:25:15.720 --> 00:25:17.880 Really, we've just seen consistency on this issue. 399 00:25:17.920 --> 00:25:20.599 The bottom line is that the climate change message that 400 00:25:20.680 --> 00:25:23.160 folks who of course believe that climate change is real 401 00:25:23.160 --> 00:25:26.039