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Speaker 1: All he did was announces keeping his word leaving the

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separate country of Washington State because they came along and

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finally did it, the illegal, unconstitutional income tax. Zach Abraham

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has found out a lot of people are going to

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pay attention to that good, bad and otherwise. He'll tell

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us about his new experiences in the love of social

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media land. We'll do that next, with the help of

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Bulwark Capital Management and God Almighty.

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Speaker 2: The Todd Herman Show is one hundred percent disapproved by

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big pharma technocurrats in tyrone s everywhere from the high

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d Mountains of Free America. Here's the Emerald City exile

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Todd Herman.

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Speaker 1: Today is the day the Lord has made, and these

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are the times to which God has decided we shall live.

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Joining me now, my friend and brother, Zach Abraham, Chief

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Investment Officer, Bulwark Capital Management. Zach, welcome back from the

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roads and welcome to social media fame. You got some

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heat on your announcement that you're leaving the state.

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Speaker 3: Uh huh, yeah, a little more, a little more attention

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than I wanted.

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Speaker 2: You know.

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Speaker 3: One of the things I love about this job, you know,

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especially if you're blessed enough to have it go well.

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Speaker 4: For you is that.

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Speaker 3: You can you can make a really incredible living, but

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you can do it with very little visibility.

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Speaker 4: You know. No, you know, nobody knows you are.

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Speaker 1: You're the guy behind the guy behind the guy.

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Speaker 4: Yeah, that kind of changed a little bit, you know.

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Speaker 3: I so you know this about me, I can't help

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but to jump in the fray, you know, like if

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this is you know, so when it first, when this

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first came down, I was like, I'm out and and

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then I got contacted by a couple of guys and

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contacted by some clients and friends and stuff like that,

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and then kind of that kind of that mentality kicks

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where you go, Okay, look, I'm not gonna stay here

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for this, like I'm not, but I've got I've got

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a year, about a year and three quarters to fight

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this thing before it takes effect.

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Speaker 1: Yep.

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Speaker 3: And so I thought, you know what, this is my home,

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where my family is. I think it deserves a like,

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it deserves a fight on my behalf to see whatever

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I can do. But but the one thing it is

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for certain is I'm meeting with attorneys in the following

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two weeks to begin the process of moving the business

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outside of the state because I've got to you know,

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they they they tore up the social contract man, they

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violated the state constitution. And so as a business owner,

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I'm sitting here going, look, I really hope you repeal

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this tax so it can so I can stay here.

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Speaker 4: But I have to move my business outside of the

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state regardless. Yeah, I have to. I can't. I can't.

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Speaker 3: I can't leave it here because I can't trust you,

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right like, meaning the state Constitution is a contract that

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we both agree to, right and I hold up my side,

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you hold.

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Speaker 4: Up your side. You just shredded it in front of me.

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Speaker 1: We know when I made the misdecision to move over here.

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You know, I've been doing radio morning drive radio from

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Seattle for my bedroom and the management or degree that

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I could do that. In fact, the program director, the

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director of programming over the other program directors, Mike, actually

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said Todd, you can work in Idaho as long as

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you want, for the rest of your life. My agent

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was on the phone comtextioner, did you get that, would you? Right?

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So he was fine with that. We're having this conversation

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and Kathy, who was the GM, said to me at

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one point she goes Hey, by the way, Todd, how's

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your search for a house in Seattle going? I said, oh, Kathy,

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I'm not moving back. Oh well, we thought you were

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moving back. No, there's no private property. I can't own

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a house over there. There is such thing as private property,

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because what are you talking about. And one of the

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other executives came in and he's talking about the fact

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that during COVID they didn't let people collect rent on

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rental houses, and she goes, you're not moving back for that. No,

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that's right. I mean I will. If you guys want

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to buy a condo, I'll stay in it. You want

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to pay me back for Airbnb, I'll do that. But no,

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there's not a chance. In fact, I said, I'll buy

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a trailer and do the Jim Rockford thing and park

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it in the driveway of the radio station. But you

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have to pay for security so that someone's not living

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in it when I come back. That was a social

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contract for me. It's different than you. But man, there's

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one tweet I want to talk to you about. And

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you experienced some things that most people never experience because

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you said a thing and it touched some people in

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the wrong way. And we'll talk about this with Zach

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Abraham in just a second. Guys, I understand this thing

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about aging and it can be difficult. The other day,

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it was in the gym, and this was after the

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cost fit the quarterfinals, and I was feeling pretty good

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about high performed. And I'm in a gym and I'm

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watching people twenty three years old, including a young woman

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who's going to make the games, and she works out

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with these guys. She's on coach by the same coach.

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I'm watching her do split presses at weights I wish

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I could do, and it's hard and aging is hard,

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but I'm doing what I can at my age. Guys,

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if you want to continue to do what you get

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kenn of your age, will you join me in getting

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your epigenetic age from the people that renewed healthcare because

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it doesn't just come back ards. There's tests that people

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can do that with. This comes back with a plan

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on how to become the CEO of your own health,

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which begins for me and you with a trip to

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Mexico to get treatment including the world class stem cells,

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hyperbaric chamber, and whatever else they put together for you.

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Because it would be different than me. Go check them

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out at renew ue dot Healthcare. Come home, be the

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boss of your healthcare. Come back with a kit to

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reverse your aging. Start the process. There, it's r E

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n U E dot Healthcare. Zach Abraham, chief investment officer

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Bowler Capital Management's been the guy behind the guy. But

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you made this announcement that you were leaving a fall

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I think it's a fallen state because of the breaking

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of the social contract. You've called it the unconstitutional income tax.

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And you encountered some things on social media that you

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may not have encountered before, which is some level of

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vitrol aimed at you, which I thought, I always think

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is ungodly. And it started with some guy writing back

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to you, going, yeah, good job patriot, Good job, red

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blooded patriot. So how did that feel for you to

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suddenly not be the guy behind the guy, but be

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the guy way out in public.

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Speaker 3: Yeah, I don't really like it. It's so it's not

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the It's not you know, honestly, it's not the debate.

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Speaker 4: I mean, like I said it, and I meant it right.

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Speaker 3: I was on I was on our friend Brandy Cruise's show,

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and I said, look, I got no problem if if

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Bob Ferguson wanted to go out in public and compare

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tax returns for the last five years and see who

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gave not the biggest amounts charity, who gave the largest

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percentage of their income to charity.

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Speaker 4: I'll do it right.

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Speaker 1: Now, right.

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Speaker 4: I got no point, and I mean that.

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Speaker 3: I still mean it today, So I don't have any

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problem going out front. What I do have that what

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bothered me was having to interface with people that are

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and there's no there's really no other way to put it,

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that are so ignorant and so stupid, and wading through

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that intellectual morass and looking at them and they're so

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convinced I'm the problem and check you know this, Todd

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or you probably do. But I hate talking about this,

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but because of this scenario, I think it is appropriate

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and I've never I've really never spoken about it before.

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But if you think it's greed, I gave away more

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money last year than this tax will cost me. Okay,

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it has nothing to do with that. But that was

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a decision that I made with my money at places

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that I thought it was best served. And one of

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the hallmarks of what make what filled out that criteria

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for me was that I was giving it in places

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where a maximum amount of my end dollar.

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Speaker 4: Would get to the end to the end result.

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Speaker 3: Right where's opposed you look at government, it's the exact

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inverse relationship.

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Speaker 4: So there's this.

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Speaker 3: The other narrative around here that has been extraordinarily frustrating

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is there is this belief amongst the proletariat that quote

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unquote rich people don't.

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Speaker 4: Pay their fair share.

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Speaker 3: Okay, so what what I've figured out, and this is

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actually even more frustrating than the than the obvious stupidity

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of that statement. But what they're actually referring to is

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you'll hear them keep saying a tax system where billionaires

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make less or pay less than teachers.

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Speaker 4: Okay.

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Speaker 3: What they're referring to is a either capital gains meaning

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if you're a billionaire and you're not and you sold

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your company, you're not making income, so you pay capital

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gains tax on your assets.

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Speaker 4: That's the same way it works for everybody.

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Speaker 3: Okay, And they paid a ton of income building, they

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paid a ton of income tax building that asset. So

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but primarily what they're talking about is the carried interest loophole. Okay,

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So like there are rich hedge fund managers that are

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that are making a billion and a half dollars a

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year and pay a lower effective tax rate than a teacher. Okay,

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this tax doesn't do anything to address that. In fact,

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it was Senate Democrats that shot down a bill that

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would repeal the carried interest loophole in the last twelve months, right,

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And so you look at them and go, guys, you're

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talking about a non sequitor the people that you're saying

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don't pay enough. My effective tax rate was forty one

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percent last year. Find me a teacher in this country

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that's paying thirty waite And here's the thing, forty one

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percent taught. Did you hear me sitting there arguing that

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I should have my taxes cut. Would I have liked it? Sure?

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But I was gonna be fine with that, right, I

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think it's excessive, but okay, I'll pay that. But now

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you're coming after me. Now you're proposing a tax that

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is illegal, that is a direct violation of the constitution,

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that is a violation of the public will, which is

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representative and eleven separate votes. Right in a very liberal state,

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it's been shot down every single time. So now you're

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violating the constitution to extort money.

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Speaker 4: From me.

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Speaker 3: That takes my effective tax rate north to fifty. And

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you think I'm gonna say here and take it. No,

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it's that's not ain't gonna happen.

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Speaker 1: I had a conversation Zach. I mean you guys, you

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guys run in the similar circle. And I asked him,

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I mean he listens to my podcast. I go you

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and I work with Zach Ebert and goes, yeah, I

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love the shows you do with Zach, And I shared

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with you. This guy's background, very unique way of building wealth.

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Starting at the age of twenty one, really really brilliant

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idea that he went around and purchased the kidney dialysis

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machines from big cities during the AIDS crisis that Tony

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Fauci helped bring about, and he purchased them for free

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by he said he'd remove them for free, twenty one

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years old, I'll get rid of these machines for you

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for free because hospitals were panic. He got hundreds of them.

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Then it wasn't a year later that they found out

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you could clean them with bleach and they were perfectly safe.

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And he then was reselling them one hundred percent markup

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on everything. All he had to do is pay for storage.

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He has done this time and again with recalled materials,

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betting that oh you know what, they're not the recall

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is not gonna last. He's built such wealth. He's an

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angel investor and he parks a bunch of money with

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VC funds. So he's a guy they'll turn two for

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seed round investing and a little bit of value add okay,

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just a very clever guys named Sean. And Sean said

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to me, Todd, I want to get into the place

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a good game in Washington State. I love it where

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I live. I don't want to move, but I can't

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pay this. He said. Here's the deal, though, Todd, I

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want to get involved in politics, but I can't get

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involved in anything related to the social issues, you know,

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the so called trans stuff, the sex ed stuff, anything

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related to that, marriage issues. I can't touch that because

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of my family and friends. They're just one of those friends.

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So how can I invest my money simply on the

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fiscal issues? And I said to him, Sean, do you

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understand these things are all connected? Do you understand that

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you're talking about people who've made gods of government and

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that they are in fact owned by them, that there

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are people whose entire image self image relies upon the

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identity politics of what government has done to them. So

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you can maybe have a temporary victory, But Sean, you're

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leaving eventually, And I wonder do you disagree that what

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you're encountering Zach in terms of the proletariat, you said

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the people who are misled, the people think billionaires don't

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pay an attax. To what degree do you think you're

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confronting people who've made gods of government?

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Speaker 4: Oh?

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Speaker 3: I think to a certain extent all of them. And

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the reason why is I've had a couple rational and

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reasonable exchanges with people that have that are on the

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opposite side but have legitimate questions that that's been like

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one or two.

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Speaker 4: Yeah, yeah, right, yeah, But.

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Speaker 3: I'd say virtually all of them.

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Speaker 4: And you can hear it.

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Speaker 3: You can hear it in the way that they talk,

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because there's this, there's and you know the problem with

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people like this is they never ask questions because I

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think to have an ideology like that, I don't really

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think it's possible to be an intellectually curious person, right,

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meaning anybody that's steeped in ideology right like that, they

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cannot be intellectually curious because if they were dangerous, you know,

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you know, pretty much any ideologic facade that's built strictly

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on ideological thoughts, right, if you pull it any thread

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on it other than Christianity, it's going to come it's

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going to come apart, right, right. And so when you

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listen to them, there's sort of this what do you

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mean you're not full of You're not for the cultural

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panacea that is government spending, you know what I mean?

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Speaker 2: Right?

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Speaker 4: And you look at them and go, can you show

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me where it's ever been a panas like, what are

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you talking about? And where is this belief that? Where

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is the.

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Speaker 3: Evidence that there are core services that we need here

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in the state that aren't being funded? And why is

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it that you have confidence that this tax will fix that?

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Speaker 2: Right?

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Speaker 3: And so, from my perspective, when you believe something in

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spite of all of the evidence, all of the empirical

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data pointing in the opposite direction, the only thing that

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you're left to think of is that this isn't an ideology,

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this is a religion. Well, it's an ideology religion, same thing, right?

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And oh yeah, and who is the deity in that?

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Who is the omniscient presence that fixes everything, and we're

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all better off rendering our capital too. It's government, right,

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we alter on the we alter, We issue our sacrifices

293
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on the altar of taxes as opposed to the holy holies. Right,

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you just keep you keep switching the stuff around, and

295
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you see it socially too, right, But yeah, I think

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I think government is the god.

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Speaker 1: Well, so this is a piece that I was trying

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to communicate to my friend Sean is brother. You live

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in a state where it is almost illegal to say

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that a man is not a woman, and people believe this.

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You live in a state where people believe. But wait,

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if we give him more fetanyl you know, the problem

303
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is people are still buying street fetanyl if and street

304
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meth and street if we just gave them clean heroin,

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like we gave them clean needles and okay, so maybe

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that's not working. Maybe we should make sure that they

307
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shoot up in a government facility then it will work.

308
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And we're still arresting. Why we're putting teenage in jail.

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There should be no youth prisons. You know the problem

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is this this crime cycle. We keep putting people in

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prison and that doesn't work. We need to have no

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youth prisons. And when you're dealing with that, you talked

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about this as as a worship of a false faith.

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You know, christ Es is being the only, the way,

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the truth, and the life. But I'm trying to say

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to Sean, Sean, and you may win a temporary victory

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in getting the income tax undone, but do you understand

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that when people have given their heart, mind, soul and

319
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strength to bureaucracy, and bureaucracy depends upon breaking them by

320
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having them worship lies, it's just a matter of time

321
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before something worse than the income tax comes along, Like

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how about this, We're going to make you open up

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your house to people you don't know. You think they

324
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can't do that, They're doing it in England. You have

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to take borders.

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Speaker 4: On yeah, yeah, no.

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Speaker 3: Look and to illustrate your point, and I think this

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is a it's a little bit nuanced, but bear with

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me here because I think this perfectly illustrates the lack

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of intellectual curiosity the faith required.

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Speaker 4: So the whole way along.

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Speaker 3: Now they've played some they've played some you know, gotcha

333
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games and some shell games, but the base, the whole

334
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thing that Ferguson was talking about the whole time about

335
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the justification or the use of this tax was to

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provide before school and after school meals for every child

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in the state of Washington.

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Speaker 4: Yeah, that's what he was saying. Okay, now, if.

339
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Speaker 3: You'll stop for a second and deploy some intellectual curiosity.

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If you offered before and after school meals every kid

341
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in Washington, what do you think the percentage of takers

342
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would be?

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Speaker 1: Share every kid?

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Speaker 3: No, No, If you're talking public school, I'd say you're

345
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probably looking at a lot of kids are getting picked

346
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up right after school by their parents, so they don't

347
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need it, right, A lot of kids are getting dropped

348
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off by their parents, they don't need it. A lot

349
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of high school a lot of parents won't want their

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kids eating it. I say probably forty percent of kids

351
00:17:02,159 --> 00:17:05,160
maybe would take advantage that, maybe less. Yeah, okay, so

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you're preparing a bill that will pay for one hundred

353
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percent of kids in the state. What projection even gets

354
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you anywhere close to that number. It's ridiculous on the

355
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face of it to think that anywhere close even eighty.

356
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Speaker 4: Percent of kids would take advantage of that program. It's nuts.

357
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It just they wouldn't.

358
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Speaker 1: But then if they did, and this is where I

359
00:17:25,720 --> 00:17:27,720
would extend it to, and let's say they did. Let's

360
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say one hundred percent of kids where all of a

361
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sudden eating food from the hand of government, that that

362
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they're eating breakfast because in some of these states, Zach,

363
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they have breakfast, lunch, and dinner at the schools, even

364
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during the summer.

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Speaker 4: Yeah.

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Speaker 1: So now let's extend this thing about you know, my

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friend Sean, Oh, I just want to fight the income tax. Sean,

368
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You're up against people who want to fight the family. Yeah,

369
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you're up against people who are creating funds to break

370
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up the family. And Guys, if you're investing in politics

371
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and you hope to win in Washington State or any

372
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of these fallen states, you better understand winning a battle

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over nine percent or ten percent increase in taxes will

374
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not win you the war. You're gonna end up leaving

375
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for something else.

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Speaker 4: Yeah.

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Speaker 3: Yes, and I know that right, like the days my

378
00:18:13,039 --> 00:18:15,359
day's here numbered like one way or the other, right,

379
00:18:15,480 --> 00:18:17,079
just because they're not going to stop.

380
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Speaker 2: Right.

381
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Speaker 4: So my goal, my preferred.

382
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Speaker 3: Way that I hope this rolls out is that I

383
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hope I can maintain a home here that I spend

384
00:18:27,960 --> 00:18:31,279
some time at over the course of a year, but

385
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eventually I don't see any way around that other than

386
00:18:35,640 --> 00:18:38,440
And the point I was making earlier, and like I said,

387
00:18:38,440 --> 00:18:40,720
it's a little bit nuanced, but the point I was

388
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making earlier is that nobody even asks that question, like

389
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what is the least likely amount of kids in the

390
00:18:47,640 --> 00:18:49,519
state to take up that service?

391
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Speaker 4: One hundred percent? You're not going to get anywhere close to.

392
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Speaker 3: That amount, okay, So then the next question is, okay,

393
00:18:55,200 --> 00:18:57,160
so for not getting anywhere close to that, why would

394
00:18:57,200 --> 00:19:00,599
we be preparing a taxation policy that big enough and

395
00:19:00,640 --> 00:19:03,480
onerous enough to fund that Because it's not for that.

396
00:19:03,759 --> 00:19:06,039
And then you read through the bill and you realize

397
00:19:06,119 --> 00:19:08,759
nothing's ear marked. The tax goes directly into the general fund.

398
00:19:09,039 --> 00:19:11,359
There is no obligatory place they're going to spend it.

399
00:19:11,640 --> 00:19:15,480
So my whole point is they're lying to you. They

400
00:19:15,559 --> 00:19:19,359
lie to you repeatedly, And if somebody is lying to you,

401
00:19:19,759 --> 00:19:23,119
then why would you listen to anything they say. It

402
00:19:23,559 --> 00:19:28,759
just defies logic, unless unless you're in a church and

403
00:19:28,799 --> 00:19:33,200
the pastor says that right, and then you gotta go

404
00:19:33,279 --> 00:19:33,920
along with it.

405
00:19:33,920 --> 00:19:35,200
Speaker 4: It's part of your doctrine.

406
00:19:35,359 --> 00:19:36,960
Speaker 1: If it's a bad church, right, right, if it's a

407
00:19:37,000 --> 00:19:39,640
false church or heretical church, or in this case, a

408
00:19:39,759 --> 00:19:43,200
church that's worshiping Babylon. I'm sorry they are worshiping Babylon.

409
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Speaker 4: Yep.

410
00:19:43,799 --> 00:19:48,240
Speaker 1: You taught me that you in college studied the moral

411
00:19:48,279 --> 00:19:51,839
decline of a nation is tied to its fiscal decline.

412
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Decline morally, decline fiscally. And this is the other thing

413
00:19:56,119 --> 00:19:59,720
that I argue. It's, my friend, Sean Sean, you are

414
00:20:00,000 --> 00:20:03,039
dealing with people who funded, while they were doing tax cuts,

415
00:20:04,160 --> 00:20:06,839
tax increases and pretending they didn't have budget for school lunches,

416
00:20:07,200 --> 00:20:10,359
they funded a thing called in oh, oh gosh, I'm

417
00:20:10,359 --> 00:20:15,039
gonna be careful here. It's called River City Jacks, and

418
00:20:15,200 --> 00:20:17,880
I need to be very careful about what they do.

419
00:20:18,640 --> 00:20:22,480
It's effectively a sex club for men who can't find

420
00:20:22,519 --> 00:20:28,400
even male dates, okay, and they funded through an arts program.

421
00:20:28,920 --> 00:20:31,599
Taxpayer money went to this. And I'm saying to my

422
00:20:31,640 --> 00:20:35,680
friend Sean Sean, when they are willing to back that

423
00:20:36,039 --> 00:20:40,359
while pretending they don't have money for school lunches, tell

424
00:20:40,400 --> 00:20:43,359
me again that you were going to win some kind

425
00:20:43,359 --> 00:20:47,319
of permanent victory by overturning an income tax. Tell me

426
00:20:47,400 --> 00:20:50,400
that you are not dealing with Babylon. Tell me you're

427
00:20:50,400 --> 00:20:53,359
not dealing with the Roman Empire. Again, you studied this, Zach.

428
00:20:54,200 --> 00:20:56,279
The moral decline of a country always leads to the

429
00:20:56,279 --> 00:20:57,880
fiscal decline. Is that correct? Still?

430
00:20:58,759 --> 00:20:59,400
Speaker 4: Absolutely?

431
00:20:59,480 --> 00:21:02,920
Speaker 3: Because and the reason that it, the reason it happens

432
00:21:03,000 --> 00:21:08,640
is really easy to understand, right, fiscal infidelity on a

433
00:21:08,680 --> 00:21:10,960
government level, because if you think about it, like, what

434
00:21:11,079 --> 00:21:14,079
is the primary job, like, what is the primary job

435
00:21:14,119 --> 00:21:16,519
description of a public servant? It is to be a

436
00:21:16,640 --> 00:21:21,720
steward of public funds. Okay, when your morality no longer

437
00:21:22,519 --> 00:21:25,799
requires that of you personally, right, when when you are

438
00:21:25,960 --> 00:21:29,319
knowingly doing things that are compromising the long term health

439
00:21:29,400 --> 00:21:33,000
of the fiscal health of the society or the culture,

440
00:21:33,039 --> 00:21:34,519
or the y or the community that you live in.

441
00:21:34,640 --> 00:21:36,680
Speaker 1: For that matter, you as a fiduciary at bulwork, if

442
00:21:36,680 --> 00:21:39,960
you are doing knowingly doing things that harm your clients.

443
00:21:40,519 --> 00:21:43,720
Speaker 3: Yeah, So what I'm saying is, I think it's I

444
00:21:43,720 --> 00:21:45,720
think it's kind of the other way around. I think

445
00:21:45,759 --> 00:21:51,160
the moral decline precedes the financial decline. But they are married,

446
00:21:51,279 --> 00:21:54,839
and they and their sidecars to each other. Because if

447
00:21:54,839 --> 00:21:58,160
you do not have morals like all flip it around

448
00:21:58,160 --> 00:22:00,599
this way. Would you do a business deal with a

449
00:22:00,640 --> 00:22:04,200
guy you knew cheated on his wife serially, I wouldn't

450
00:22:04,400 --> 00:22:07,200
know if she can't trust him, how in the world

451
00:22:07,279 --> 00:22:11,160
could I? Right, like Wren Buffett says, every deal should

452
00:22:11,160 --> 00:22:13,640
be able to be in a four page document. Somebody

453
00:22:13,680 --> 00:22:15,880
went really yeah, and he goes because if we do fifty,

454
00:22:15,920 --> 00:22:19,079
I'm always gonna wonder if I needed fifty one? Right, Right,

455
00:22:19,240 --> 00:22:24,559
So when you when you start violating that your own morality,

456
00:22:24,640 --> 00:22:28,839
then everything becomes accessible and everything becomes justifiable because you're

457
00:22:28,880 --> 00:22:32,480
no longer bound by any any rules, you're no longer

458
00:22:32,720 --> 00:22:36,359
right like you've you've cast off all all morality and

459
00:22:36,400 --> 00:22:40,200
all the the you know, in the definition of morality

460
00:22:40,240 --> 00:22:45,079
is personally going without or exercising personal restraint. So when

461
00:22:45,079 --> 00:22:46,880
you're not doing that in one area of your life,

462
00:22:46,920 --> 00:22:49,279
you're not gonna do it in every area of your life, right.

463
00:22:49,319 --> 00:22:50,359
Speaker 4: It just that's the way.

464
00:22:50,480 --> 00:22:53,039
Speaker 3: That's the way it works, right, So, like you and

465
00:22:53,079 --> 00:22:55,079
I both know, and that's why that see a guy

466
00:22:55,119 --> 00:22:57,519
that's serially cheating on his wife, I guarantee you don't

467
00:22:57,519 --> 00:22:58,559
want to be in business with him.

468
00:22:58,640 --> 00:23:00,920
Speaker 1: Well, and then you've spoken as well about the way,

469
00:23:00,960 --> 00:23:02,720
the Lord has blessed you and your wife to be

470
00:23:02,720 --> 00:23:04,240
able to help. And this is the other part that

471
00:23:04,319 --> 00:23:07,279
I talk about with people, and this is divorced from

472
00:23:07,279 --> 00:23:10,799
my friend Sean in that conversation. I firmly believe that

473
00:23:11,079 --> 00:23:15,759
money received as a charitable act people who know they're

474
00:23:15,759 --> 00:23:19,240
getting something from the kindness of it's art or even better, yet,

475
00:23:19,319 --> 00:23:22,480
because people love Jesus, they're giving it to them. They

476
00:23:22,519 --> 00:23:25,359
receive a Bible with the gift, they receive a prayer

477
00:23:25,359 --> 00:23:28,519
with the gift. They understand someone chose to give this

478
00:23:28,559 --> 00:23:31,160
to me. I think that is better than getting tax

479
00:23:31,240 --> 00:23:36,079
dollars morally, spiritually, mentally, and I believe the act of

480
00:23:36,240 --> 00:23:40,599
giving because we recognize this is not mine. In any case,

481
00:23:40,640 --> 00:23:44,000
God blessed me with this is superior to having it

482
00:23:44,079 --> 00:23:47,039
taken and laundered through government. Is better for both people.

483
00:23:47,039 --> 00:23:48,200
But government doesn't want that.

484
00:23:49,079 --> 00:23:50,079
Speaker 4: Do you know the name of it? Do you know

485
00:23:50,079 --> 00:23:51,240
the name Rick Steves?

486
00:23:51,559 --> 00:23:54,440
Speaker 1: Yes, Rick Steves is a filmmaker. I actually did a

487
00:23:54,480 --> 00:23:56,599
deal with and did some work with. Nice enough guy.

488
00:23:56,640 --> 00:23:58,759
But I saw what he said. He wants more money

489
00:23:58,759 --> 00:23:59,599
taken from him.

490
00:24:00,000 --> 00:24:01,920
Speaker 4: And he said, and he said, you know this would

491
00:24:01,920 --> 00:24:02,400
crack me up.

492
00:24:02,440 --> 00:24:06,039
Speaker 3: He said, those of us that recognize the need for

493
00:24:06,079 --> 00:24:08,839
the public good, right, we're okay with this. And I

494
00:24:08,880 --> 00:24:11,319
responded and I go, no, no, no, Rick, you're mistaken.

495
00:24:11,720 --> 00:24:14,319
Those of us that have a desire to recognize the

496
00:24:14,359 --> 00:24:18,200
public good, we already give money. It's called charity, okay.

497
00:24:18,480 --> 00:24:23,160
So if what you're advocating for is moral coercion, that

498
00:24:23,200 --> 00:24:27,279
ain't charity, man, So maybe you should start giving money,

499
00:24:27,319 --> 00:24:30,079
because that's what I do. And that's why I'm saying

500
00:24:30,160 --> 00:24:31,960
I think this tax is one of the reasons is

501
00:24:32,000 --> 00:24:33,920
on top of it being illegal, ty.

502
00:24:34,079 --> 00:24:36,559
Speaker 4: Yeah, it's people that actually care about the public good.

503
00:24:36,599 --> 00:24:38,319
Speaker 3: No, Rick, if you care about the public good, you

504
00:24:38,319 --> 00:24:41,960
were already giving okay, right, like just period, full stop.

505
00:24:42,240 --> 00:24:44,400
And you just sit there look at those people and go, oh,

506
00:24:44,440 --> 00:24:47,920
you're a good person because it required government coercion for

507
00:24:48,000 --> 00:24:48,519
you to pay.

508
00:24:49,880 --> 00:24:51,920
Speaker 4: Yeah, good job, exactly job.

509
00:24:52,359 --> 00:24:55,079
Speaker 1: And by the way, don't think that the recipients of

510
00:24:55,200 --> 00:24:58,200
government aid are blind to the fact that it was

511
00:24:58,240 --> 00:25:01,960
given to them by force. And this is a part

512
00:25:02,039 --> 00:25:04,880
that is so different. I have been on government cheese.

513
00:25:05,440 --> 00:25:07,200
When my mom went through a tough time, Dad was

514
00:25:07,200 --> 00:25:09,759
not paying shot support. She took advantage of government cheese. Ay,

515
00:25:10,000 --> 00:25:13,799
it's in Washington State. It's incredible cheese. It comes from

516
00:25:14,240 --> 00:25:16,240
Washington State University. Don't tell me it's not great cheese.

517
00:25:16,240 --> 00:25:21,599
It's cougar cheese. Baby, but b I was shamed, intruly,

518
00:25:22,480 --> 00:25:25,759
someone was forced to buy us this cheese. My mom

519
00:25:25,839 --> 00:25:28,000
when she took the food stamps out, she's to remember

520
00:25:28,599 --> 00:25:31,279
this is because of government. And my mom thought she

521
00:25:31,400 --> 00:25:34,400
was making a good moral point. This is a program

522
00:25:34,400 --> 00:25:36,839
of government to help us eat. And I would look

523
00:25:36,880 --> 00:25:39,960
at that and say no, that's a force of buying

524
00:25:40,039 --> 00:25:43,759
us and it's something that someone was forced to give us.

525
00:25:44,279 --> 00:25:47,079
So again, reflect upon if you're going to fight this

526
00:25:47,160 --> 00:25:50,240
political battle, I say fight, it's for God. And how

527
00:25:50,240 --> 00:25:52,799
would God do something like this? He would have us

528
00:25:52,839 --> 00:25:55,799
give out of our hearts, be joyful givers rather than

529
00:25:55,839 --> 00:25:58,440
being forced to give. And we'll continue this with Zach Abraham,

530
00:25:58,680 --> 00:26:01,960
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subscription coffee. So Zach, we're talking about morality, and we're

563
00:27:39,160 --> 00:27:42,000
talking about the shifting morality, and I can't get away

564
00:27:42,000 --> 00:27:43,480
from a couple of things that's happened in the news

565
00:27:43,559 --> 00:27:47,400
this week. Number one, the layoffs at Oracle, thirty thousand

566
00:27:47,480 --> 00:27:51,599
people gone. Number two, I just saw a robot that

567
00:27:51,720 --> 00:27:55,640
draws blood and plugs in ivs and it's projected there's

568
00:27:55,640 --> 00:27:57,640
gonna be no more nurses that do that. That's a

569
00:27:57,960 --> 00:28:02,160
profession that's gone. Just said he gives it two years

570
00:28:02,240 --> 00:28:06,200
until we don't have any more surgeons. And then I

571
00:28:06,240 --> 00:28:10,680
saw this with Jensen Huang talking about this, this this

572
00:28:11,240 --> 00:28:14,359
idea that we're gonna have one robot for every person.

573
00:28:14,440 --> 00:28:16,440
Watch this Ultimately one for one.

574
00:28:16,519 --> 00:28:18,640
Speaker 3: Elon seems to think we're gonna have one robot for

575
00:28:18,680 --> 00:28:21,160
every human seven billion, for seven billion, eight billion for

576
00:28:21,200 --> 00:28:21,680
eight billion.

577
00:28:21,759 --> 00:28:24,799
Speaker 1: Well I'm hoping more, Yeah, I'm hoping more. Yeah.

578
00:28:24,839 --> 00:28:27,000
Speaker 3: Well, first of all, there's a whole bunch of robots

579
00:28:27,039 --> 00:28:29,359
that are going to be in factories working around the clock.

580
00:28:29,519 --> 00:28:30,400
Speaker 1: There's gonna be a whole.

581
00:28:30,240 --> 00:28:33,640
Speaker 3: Bunch of factory robots that that don't move, they move

582
00:28:33,680 --> 00:28:34,240
a little bit.

583
00:28:34,920 --> 00:28:36,200
Speaker 4: Almost everything will be robotic.

584
00:28:36,359 --> 00:28:37,480
Speaker 1: What is the world look like?

585
00:28:37,559 --> 00:28:39,240
Speaker 4: Sorry, let me say I think like this is one

586
00:28:39,279 --> 00:28:41,359
of the robotics for me, is one of the pieces

587
00:28:41,359 --> 00:28:46,039
that I think unlocked economic mobility opportunities for every individual.

588
00:28:46,200 --> 00:28:48,559
Speaker 1: Okay, So Jensen Wang, by the way, he is the

589
00:28:48,720 --> 00:28:51,799
CEO of Nvidia, as you know, that's not an overvalued

590
00:28:51,799 --> 00:28:55,440
company at all. A thing like that. And then this

591
00:28:55,480 --> 00:28:58,200
other guy's coming in and saying this unloads this uploads

592
00:28:58,400 --> 00:29:02,599
or loosens up canomic mobility for people. I'm sorry, But

593
00:29:02,680 --> 00:29:04,279
if I went to school to be a nurse, and

594
00:29:04,319 --> 00:29:06,519
I'm an expert at drawing blood and starting IVS and

595
00:29:06,519 --> 00:29:08,960
I've taught other nurses to do that, and now robots

596
00:29:09,000 --> 00:29:13,200
do that is my is my economic mobility then the

597
00:29:13,240 --> 00:29:15,279
opportunity to go back to school and get a more

598
00:29:15,279 --> 00:29:18,599
advanced medical degree and then have robots take that job.

599
00:29:19,400 --> 00:29:22,559
That's not true. This is not loosening or opening up

600
00:29:22,559 --> 00:29:25,000
economic mobility people, Or am I wrong? Is it actually

601
00:29:25,000 --> 00:29:25,440
doing that?

602
00:29:26,440 --> 00:29:26,680
Speaker 2: Well?

603
00:29:26,799 --> 00:29:31,160
Speaker 3: I I think I understand what he's talking about, But

604
00:29:32,039 --> 00:29:35,440
in my opinion, economic mobility is not the right term, right,

605
00:29:35,519 --> 00:29:39,680
meaning he's talking about it in a UBI from from

606
00:29:40,000 --> 00:29:42,400
that brief clip I heard, I'm assuming that what he

607
00:29:42,480 --> 00:29:46,440
means is a UBI context, meaning that when you consider

608
00:29:47,000 --> 00:29:49,960
if let's assume for a second that the proliferation of

609
00:29:50,079 --> 00:29:53,680
robots is as widened as far spread and is you know,

610
00:29:53,799 --> 00:29:58,079
as oh, you know, just just if it proliferates as

611
00:29:58,119 --> 00:29:59,240
wide as these guys are saying it.

612
00:29:59,319 --> 00:30:01,680
Speaker 4: Yes, right, if.

613
00:30:01,519 --> 00:30:07,799
Speaker 3: That occurs, you're going to have to institute If that occurs,

614
00:30:08,119 --> 00:30:10,599
you're going to have to institute some type of really

615
00:30:10,720 --> 00:30:14,319
large tax on those people, because it would be an

616
00:30:14,400 --> 00:30:19,400
absolute devastating economic event right there. It would not open

617
00:30:19,480 --> 00:30:23,640
up economic mobility unless you have something like a UBI

618
00:30:23,720 --> 00:30:24,039
in place.

619
00:30:24,079 --> 00:30:25,559
Speaker 1: Would basic income?

620
00:30:25,960 --> 00:30:26,519
Speaker 4: Yeah? Yeah?

621
00:30:26,559 --> 00:30:28,880
Speaker 3: And just because I mean, like you just said it, now,

622
00:30:29,200 --> 00:30:31,880
the one thing to keep in mind, I think Elon

623
00:30:31,960 --> 00:30:34,680
Musk is one of the most brilliant people to ever live. Okay,

624
00:30:34,680 --> 00:30:39,240
but Elon Musk is notorious for one thing or not notorious.

625
00:30:39,279 --> 00:30:42,640
But Elon's timetables are never realistic.

626
00:30:42,960 --> 00:30:43,279
Speaker 4: Okay.

627
00:30:43,319 --> 00:30:47,279
Speaker 3: So if he says two years, think to yourself, maybe

628
00:30:47,319 --> 00:30:49,359
six to eight, right, if.

629
00:30:49,160 --> 00:30:53,640
Speaker 1: He's symptomous for hyping stocks and hyping things he owns,

630
00:30:53,680 --> 00:30:56,599
and then for going out and having women having babies

631
00:30:56,640 --> 00:30:59,680
with young women who doesn't intend to marry, which is

632
00:30:59,720 --> 00:31:00,519
hype something.

633
00:31:00,359 --> 00:31:03,200
Speaker 4: Else true, But yeah, okay, so but even six to eight.

634
00:31:03,079 --> 00:31:04,519
Speaker 1: Years, there's no more surgeons.

635
00:31:05,920 --> 00:31:09,400
Speaker 3: Yeah, so I don't. I think that that's a ridiculous statement, Okay,

636
00:31:10,079 --> 00:31:14,279
And I think that the reason why is there's a

637
00:31:14,319 --> 00:31:17,599
lot of surgical there's a lot of robotic surgeries right now,

638
00:31:17,880 --> 00:31:21,440
right and you always have them overseen or watched over

639
00:31:21,640 --> 00:31:23,799
I know a guy that actually teaches robotic surgery is

640
00:31:23,839 --> 00:31:27,319
a surgeon, and you know, you're you always got somebody working,

641
00:31:27,720 --> 00:31:29,960
like I think a lot of people are. This is

642
00:31:30,000 --> 00:31:32,559
going to be more of a transition that takes a

643
00:31:32,599 --> 00:31:34,920
longer time, in my opinion, and I think it's going

644
00:31:34,960 --> 00:31:39,160
to be more of a transition that will the transition.

645
00:31:39,200 --> 00:31:41,440
I think will take a lot longer than the technology

646
00:31:41,480 --> 00:31:41,960
needs it to.

647
00:31:42,240 --> 00:31:43,039
Speaker 4: If that makes sense.

648
00:31:43,119 --> 00:31:45,400
Speaker 3: Yeah, meaning just I don't think people are gonna want

649
00:31:45,400 --> 00:31:46,880
to walk into a room and just have a just

650
00:31:46,960 --> 00:31:48,119
have a robot standing.

651
00:31:47,880 --> 00:31:49,759
Speaker 1: On the okay, But this is true with airplanes.

652
00:31:49,799 --> 00:31:50,000
Speaker 2: Now.

653
00:31:50,519 --> 00:31:52,920
Speaker 1: There are people you know this, you're an expert. You

654
00:31:52,920 --> 00:31:55,240
you called Boeing ten years ago with what was going

655
00:31:55,319 --> 00:31:58,759
to happen. You predicted these safety issues, and they should

656
00:31:58,759 --> 00:32:01,839
have listened to you. But you know this that we

657
00:32:01,880 --> 00:32:04,200
don't that people who run airlines would tell you we

658
00:32:04,200 --> 00:32:07,720
don't need human pilots. We have them there for your

659
00:32:07,720 --> 00:32:11,039
emotional comfort, period, but we don't need them. They fully

660
00:32:11,039 --> 00:32:13,279
believe that. I guess they think taking off is harder

661
00:32:13,319 --> 00:32:18,039
than landing or something. But this is for our emotional

662
00:32:18,079 --> 00:32:21,960
safety right now. And I think that there's this human

663
00:32:22,000 --> 00:32:24,519
safety of having being greeted by human when you walk

664
00:32:24,559 --> 00:32:27,640
into a hospital. But I mean that could frankly be

665
00:32:27,799 --> 00:32:30,319
someone who greets you at a movie theater, you know,

666
00:32:30,359 --> 00:32:32,960
when they check your ticket or your phone. They don't

667
00:32:33,000 --> 00:32:35,920
really need that, but it's the human touch, and it's

668
00:32:36,000 --> 00:32:39,599
cheap because it's minimum wage. But that's where we're headed

669
00:32:39,599 --> 00:32:43,559
in this hostile experience, or you think it's basically eighty

670
00:32:43,599 --> 00:32:44,319
percent hype.

671
00:32:45,920 --> 00:32:48,839
Speaker 4: I think the timeline is eighty okay, hype. Right now.

672
00:32:48,920 --> 00:32:51,400
Speaker 3: The other part of this, too, is that we need

673
00:32:51,440 --> 00:32:56,079
to really look at how AI progresses, because there is

674
00:32:56,119 --> 00:32:59,599
a lot of certainty being talked about around AI that

675
00:32:59,640 --> 00:33:00,960
I don't think is warranted.

676
00:33:01,400 --> 00:33:04,440
Speaker 4: Meaning is it impressive? Of course?

677
00:33:05,039 --> 00:33:07,599
Speaker 3: Is it opening up a whole new level of technology,

678
00:33:07,599 --> 00:33:08,119
a whole new.

679
00:33:08,039 --> 00:33:14,400
Speaker 4: Layer, yes? Is it? Is it AI? Is it artificial intelligence? No?

680
00:33:14,759 --> 00:33:15,480
Not at this point.

681
00:33:15,599 --> 00:33:18,000
Speaker 1: It's a very spisticated search algorithm.

682
00:33:18,359 --> 00:33:18,759
Speaker 4: Yeah.

683
00:33:19,039 --> 00:33:23,119
Speaker 3: Why because it isn't capable of generating its own synthesis

684
00:33:23,119 --> 00:33:27,440
without outside input, right, meaning meaning, now can it take

685
00:33:27,480 --> 00:33:31,079
some things it gets? Yes, but human beings are able

686
00:33:31,119 --> 00:33:33,680
to with no outside input. Mozart sat down to a

687
00:33:33,680 --> 00:33:36,759
piano at three years old in plate. Hey, AI can't

688
00:33:36,759 --> 00:33:39,559
do that, not unless it's not unless it's taught how

689
00:33:39,599 --> 00:33:40,079
to write.

690
00:33:40,160 --> 00:33:40,319
Speaker 2: Right.

691
00:33:40,400 --> 00:33:42,319
Speaker 1: You could write the fanciest program in the world, but

692
00:33:42,359 --> 00:33:44,960
without seeding it with human intelligence. Ay, that can't be

693
00:33:44,960 --> 00:33:46,400
done because humans write the programs.

694
00:33:46,400 --> 00:33:46,759
Speaker 4: For now.

695
00:33:47,400 --> 00:33:49,119
Speaker 1: Right, Let's say that the most brilliant A in the

696
00:33:49,160 --> 00:33:51,079
world created the most brilliant AI in the world, but

697
00:33:51,119 --> 00:33:53,440
didn't give it access to any human knowledge base like

698
00:33:53,519 --> 00:33:56,880
chat GBT is basically stolen every book ever created. Some

699
00:33:56,920 --> 00:33:59,960
scientists figured out that they've actually stolen the full tech

700
00:34:00,119 --> 00:34:01,599
if every book ever published.

701
00:34:02,039 --> 00:34:04,440
Speaker 4: Yeah, yeah, so he didn't pay anywhereyalties for it.

702
00:34:04,640 --> 00:34:07,839
Speaker 1: Incredible swindle. But it's a nonprofit. It's for human good.

703
00:34:07,880 --> 00:34:10,519
As you remember open API. It's a nonprofit for human good.

704
00:34:10,840 --> 00:34:12,920
Speaker 4: It's not open anymore. By the way, Oh, I noticed

705
00:34:12,960 --> 00:34:13,639
that right away.

706
00:34:13,800 --> 00:34:17,159
Speaker 1: I noticed that. So aren't we if we say, and

707
00:34:17,239 --> 00:34:20,360
you're saying, if this did happen, we'd need a universal

708
00:34:20,400 --> 00:34:24,639
basic income. Couldn't you have economic purists come back? Oh no, no, no,

709
00:34:25,039 --> 00:34:28,679
you're saying the pies set at a certain size, and

710
00:34:28,719 --> 00:34:31,760
you're now arguing zero sum game. And this isn't how

711
00:34:32,360 --> 00:34:36,079
economist sick of this? Is AI that different perspectively if

712
00:34:36,119 --> 00:34:38,400
it actually does become the thing that they promise it

713
00:34:38,400 --> 00:34:41,840
can be independently intelligent taking all these jobs. Is it

714
00:34:41,960 --> 00:34:45,159
that disruptive that it is no longer rational to say

715
00:34:45,599 --> 00:34:47,760
we're on the side of you know, we're arguing that

716
00:34:48,559 --> 00:34:52,000
all boats lift in an economic you know wave, et cetera.

717
00:34:52,400 --> 00:34:54,400
Or are we now the sudden people going no, No,

718
00:34:54,400 --> 00:34:56,760
the pie gets smaller set at the size.

719
00:34:57,199 --> 00:35:01,280
Speaker 4: So I think that the I think that the truth

720
00:35:01,320 --> 00:35:02,159
lies somewhere in the middle.

721
00:35:02,199 --> 00:35:04,840
Speaker 3: Okay, and I don't and I don't mean that as

722
00:35:04,880 --> 00:35:08,000
a cop out, but let me so we have history

723
00:35:08,079 --> 00:35:10,639
is replete with examples of this. With every dawning of

724
00:35:10,679 --> 00:35:12,639
a great new technology has been the fear that there's

725
00:35:12,679 --> 00:35:14,559
gonna be no need for human like And we can

726
00:35:14,599 --> 00:35:18,280
go as far back as the automobile buggy whip makers, right,

727
00:35:18,320 --> 00:35:20,400
Like the term buggy whips, you know that is like

728
00:35:20,559 --> 00:35:23,199
that's turned into an economic term that this is you

729
00:35:23,199 --> 00:35:26,519
know this, it's so it's so widely spread and well known.

730
00:35:26,960 --> 00:35:31,199
So anytime we have a new technology, regardless of what

731
00:35:31,239 --> 00:35:33,159
it looks like, in the back of your mind, you

732
00:35:33,199 --> 00:35:36,000
need to think to yourself, regardless of what people are saying,

733
00:35:36,480 --> 00:35:40,599
this will not be as disruptive and or destructive to

734
00:35:40,719 --> 00:35:43,719
the job market and to the economy as we think.

735
00:35:43,840 --> 00:35:46,679
Speaker 4: Okay, So that's one. Now on the flip side of

736
00:35:46,679 --> 00:35:47,639
that argument.

737
00:35:47,880 --> 00:35:50,480
Speaker 3: If we look at really, if we look at previous

738
00:35:50,840 --> 00:35:56,360
real technological jumps, they were more forced multipliers, right, meaning,

739
00:35:57,000 --> 00:35:59,679
what was the real magic of an automobile If you

740
00:35:59,719 --> 00:36:01,599
had a livery service for everything.

741
00:36:01,639 --> 00:36:04,679
Speaker 4: You could instantly three x the areas that you covered and.

742
00:36:04,760 --> 00:36:06,679
Speaker 1: Really state, right, all of a sudden, it was okay

743
00:36:06,719 --> 00:36:09,760
to build a retail facility a half hour from a

744
00:36:09,760 --> 00:36:12,159
neighborhood versus right right around the corner.

745
00:36:12,000 --> 00:36:16,440
Speaker 3: Right, yeah, right, And so so there there were that, right,

746
00:36:16,519 --> 00:36:18,440
like the guys that made buggy whips and the guys

747
00:36:18,440 --> 00:36:21,280
that made buggies lost their jobs. At the same time,

748
00:36:21,800 --> 00:36:23,760
there were a lot of these other things that were

749
00:36:23,800 --> 00:36:25,000
opened up that offset that.

750
00:36:25,239 --> 00:36:25,440
Speaker 2: Right.

751
00:36:26,159 --> 00:36:29,599
Speaker 3: What does make this unique is that this technology is

752
00:36:29,639 --> 00:36:32,480
aimed directly at replacing human beings.

753
00:36:32,559 --> 00:36:32,800
Speaker 1: Right.

754
00:36:33,760 --> 00:36:37,280
Speaker 3: So that's why I said, look, I think that the

755
00:36:37,440 --> 00:36:42,639
worst case scenario, the Elon Musk scenarios to dour. I

756
00:36:42,679 --> 00:36:44,840
think the people that are saying no, it's just like

757
00:36:44,920 --> 00:36:47,719
every other technological advance in the past, I think that's

758
00:36:47,800 --> 00:36:50,760
I think that's too optimistic. And again I just I

759
00:36:50,760 --> 00:36:52,679
would sit there and go, look, the point of the

760
00:36:52,719 --> 00:36:57,559
automobile was to replace horses, not human beings, right period, right, Right,

761
00:36:58,000 --> 00:37:01,000
So this is unique because the purpose of it is

762
00:37:01,039 --> 00:37:02,199
to replace human beings.

763
00:37:02,280 --> 00:37:03,519
Speaker 4: That's the underlying value of it.

764
00:37:03,559 --> 00:37:05,840
Speaker 3: That's why you see tech companies laying people off, right,

765
00:37:05,880 --> 00:37:11,480
that's the value of this deal, so it eventually I

766
00:37:11,800 --> 00:37:14,639
think the smartest way to feed this in is to

767
00:37:15,199 --> 00:37:18,159
do it gradually over time. And I think a lot

768
00:37:18,199 --> 00:37:21,719
more people are going to work in concert with meaning

769
00:37:21,920 --> 00:37:25,280
there's gonna be jobs and businesses that open up that

770
00:37:25,840 --> 00:37:30,480
will only be viable because of robots. For like, for instance,

771
00:37:30,519 --> 00:37:32,960
you could have a guy running a small plumbing business

772
00:37:33,119 --> 00:37:35,320
that with the help of three robots, he can take

773
00:37:35,320 --> 00:37:38,159
on larger jobs now and doesn't have to pay this

774
00:37:38,239 --> 00:37:40,159
owner's tax and doesn't have to pay all this other

775
00:37:40,239 --> 00:37:43,280
kind of stuff. Right, So there will be added benefits

776
00:37:43,280 --> 00:37:44,880
as well, and I think that that's getting I think

777
00:37:44,920 --> 00:37:46,119
that's getting kind of looked past.

778
00:37:46,440 --> 00:37:50,559
Speaker 4: But is this going to reorder and restructure the way

779
00:37:50,639 --> 00:37:53,760
labor markets work? And I think this will be the

780
00:37:53,760 --> 00:37:57,360
biggest disruption to modern labor markets we've ever seen.

781
00:37:57,519 --> 00:37:59,800
Speaker 1: I couldn't agree more and I want to close this

782
00:37:59,840 --> 00:38:01,639
off today was something that we can both kind of

783
00:38:01,679 --> 00:38:04,000
take joyet and a little bit of humor. Let me

784
00:38:04,039 --> 00:38:07,480
just tell you this. We for years have been promoting

785
00:38:08,119 --> 00:38:12,039
a soap company called Alan's and we took a break.

786
00:38:12,079 --> 00:38:13,960
And it wasn't because we stopped working with the soap

787
00:38:13,960 --> 00:38:17,079
company at all. It's because John, who ran the company,

788
00:38:17,119 --> 00:38:20,800
went to the Lord Jesus. Yeah, yeah, you know that

789
00:38:20,880 --> 00:38:21,559
was like five weeks ago.

790
00:38:21,599 --> 00:38:22,039
Speaker 4: I didn't know that.

791
00:38:22,199 --> 00:38:24,440
Speaker 1: Yeah, And John went to the Lord. His wife, Tina

792
00:38:24,480 --> 00:38:26,599
is now running the company, and John did everything he

793
00:38:26,639 --> 00:38:28,960
could to hand it off well to her. We're really

794
00:38:29,000 --> 00:38:31,039
trying to get her to get a good head start

795
00:38:31,079 --> 00:38:35,440
on this. She's put together. A bundle is John's favorite bundle.

796
00:38:35,480 --> 00:38:38,000
This is the original for soaps that got the company started.

797
00:38:38,039 --> 00:38:40,599
The mission of the company is to employ people like Alan,

798
00:38:41,280 --> 00:38:44,159
John and Tina's son, and Alan is thirteen. He's been

799
00:38:44,159 --> 00:38:48,039
through eighteen operations. He's effectively nonverbal, high up on the

800
00:38:48,039 --> 00:38:52,320
autistman spectrum. He works there and he truly works there. Packaging,

801
00:38:52,400 --> 00:38:55,360
quality control. He invented a lot of these fragrances. So

802
00:38:55,480 --> 00:38:59,280
in this bundle you get watermelon, basil, vanilla, lime, cedarwood, jasmine, lavender,

803
00:38:59,320 --> 00:39:02,360
Rosemary is thrown in a sisal pouch for everyday youse.

804
00:39:02,320 --> 00:39:05,960
So number one, if you're a subscriber to Allan's, will

805
00:39:06,000 --> 00:39:08,840
you purchase this to honor John. It's a great, great,

806
00:39:08,960 --> 00:39:13,039
great package. Secondly, if you're new to this, these people

807
00:39:13,119 --> 00:39:16,000
walk with the Lord. They do this because they want

808
00:39:16,000 --> 00:39:17,360
the soap to be the best in the world, and

809
00:39:17,440 --> 00:39:19,800
it is. It's made in America. You will never find

810
00:39:19,800 --> 00:39:23,519
a chemical in this period. It's made by family. You

811
00:39:23,519 --> 00:39:27,000
could go visit their facility in the Midwest. And they

812
00:39:27,039 --> 00:39:30,039
do this because it's about employing people like Allen and

813
00:39:30,119 --> 00:39:32,800
his brother Ian and other young people. As we turn

814
00:39:32,840 --> 00:39:35,239
in the corner, she's working hard to keep the company

815
00:39:35,239 --> 00:39:38,440
afloat and the company was on the precipice, a big

816
00:39:38,480 --> 00:39:41,639
success in retail settings, et cetera. You made that happen.

817
00:39:42,199 --> 00:39:44,239
We need you, but you also need soap, so it's

818
00:39:44,280 --> 00:39:46,840
a win win. Alan Soaps dot Com slash Todd promo

819
00:39:46,840 --> 00:39:48,880
code tod will get your temperess on off. Alan Soaps

820
00:39:48,920 --> 00:39:52,400
dot Com slash Todd. You saw this, guys, you gotta

821
00:39:52,440 --> 00:39:57,079
watch this. This is brilliant exposing of DC. Some guys

822
00:39:57,079 --> 00:40:01,320
go to Washington, d C. And they're walking around into

823
00:40:01,400 --> 00:40:05,119
Nancy Pelosi's office and they're there to present for an award.

824
00:40:05,159 --> 00:40:06,800
I think office.

825
00:40:07,320 --> 00:40:09,679
Speaker 5: Oh yeah, you can't inside your trade either.

826
00:40:10,519 --> 00:40:13,119
Speaker 1: Hello, this is sorry. We'd email.

827
00:40:13,159 --> 00:40:15,280
Speaker 5: We came all the way from Milwaukee to present different

828
00:40:15,280 --> 00:40:16,320
people with awards.

829
00:40:16,639 --> 00:40:18,280
Speaker 1: It's such a remarkable award.

830
00:40:18,639 --> 00:40:20,920
Speaker 5: We think about people that have been public servants for

831
00:40:20,960 --> 00:40:23,239
a long time, like, what since nineteen eighty seven, we're

832
00:40:23,239 --> 00:40:27,159
giving our lifetime achievement award in trading? The return she's

833
00:40:27,159 --> 00:40:30,000
gotten better than hedgephones for so many years is so

834
00:40:30,880 --> 00:40:32,039
remark boards the.

835
00:40:32,519 --> 00:40:40,280
Speaker 1: Lady is no one's amused time the Americans. So recording

836
00:40:40,400 --> 00:40:42,039
is not allow, oh is it?

837
00:40:42,039 --> 00:40:42,280
Speaker 3: Well?

838
00:40:42,360 --> 00:40:45,760
Speaker 5: Inside our tradeing is not allowed either, So Nancy, this

839
00:40:45,840 --> 00:40:47,519
one big shot out man for you.

840
00:40:47,760 --> 00:40:50,119
Speaker 1: Nancy, are great. We're gonna do the numbers, guys.

841
00:40:50,119 --> 00:40:52,920
Speaker 5: So she came into Congress at nineteen eighty seven worth

842
00:40:53,039 --> 00:40:57,840
three million bucks worth now three hundred seventeen million.

843
00:40:58,599 --> 00:41:00,159
Speaker 1: I think this.

844
00:41:00,840 --> 00:41:03,199
Speaker 5: Oh yeah, you can't inside your trade either.

845
00:41:04,039 --> 00:41:04,840
Speaker 1: This is not.

846
00:41:06,440 --> 00:41:10,760
Speaker 5: Okay, So whatever footage you have to the office has.

847
00:41:10,760 --> 00:41:11,440
Speaker 1: To be deleted.

848
00:41:11,559 --> 00:41:15,719
Speaker 5: Fine, yeah, this all life fine inside the office.

849
00:41:16,000 --> 00:41:18,920
Speaker 1: Okay. She like doesn't own any socks, she doesn't own

850
00:41:19,000 --> 00:41:22,920
your stocks.

851
00:41:22,000 --> 00:41:25,480
Speaker 5: Her husband, Yeah, her husband owns all the stocks.

852
00:41:25,480 --> 00:41:25,840
Speaker 4: That's right.

853
00:41:25,880 --> 00:41:28,159
Speaker 1: That's who it is that her folks are common. Excuse

854
00:41:28,239 --> 00:41:32,360
you hear from politicians. It's incredible, Zach. I love, I

855
00:41:32,480 --> 00:41:36,119
love their approach to this. And what does that say

856
00:41:36,119 --> 00:41:38,519
to you that this young guy comes out twenty six,

857
00:41:38,559 --> 00:41:40,440
twenty seven years old. You have to delete all the

858
00:41:40,480 --> 00:41:41,280
footage you shot.

859
00:41:42,880 --> 00:41:47,280
Speaker 3: Well, and then it's the defense is it's she doesn't

860
00:41:47,280 --> 00:41:49,000
own any stocks, it's her husband's name.

861
00:41:49,440 --> 00:41:51,519
Speaker 4: Let me just let me just tell you how ridiculous

862
00:41:51,519 --> 00:41:51,840
that is.

863
00:41:52,599 --> 00:41:56,480
Speaker 3: I could go to jail if it was a friend

864
00:41:56,840 --> 00:41:59,480
of mine that I was associated with one time in

865
00:41:59,519 --> 00:42:03,760
college and haven't seen in fifteen years. The idea that

866
00:42:04,079 --> 00:42:06,559
because it's her husband, I'm just.

867
00:42:06,440 --> 00:42:07,519
Speaker 4: Like, how?

868
00:42:07,800 --> 00:42:09,360
Speaker 3: And then I want to look at the people that

869
00:42:09,400 --> 00:42:13,880
are defending her and go, how, come on, you're not

870
00:42:14,159 --> 00:42:18,960
that stupid. You're telling me her husband just has the

871
00:42:19,000 --> 00:42:23,519
ability to compound cash at a thirty percent greater clip

872
00:42:23,599 --> 00:42:26,159
than the best to ever do it. I'm talking Stan

873
00:42:26,199 --> 00:42:30,000
Druckenmiller and Warren Buffett. Okay, why doesn't he run an

874
00:42:30,039 --> 00:42:33,519
investment from then? Because they clearly care about money, right

875
00:42:33,559 --> 00:42:35,360
or they would need to keep investing their stocks and

876
00:42:35,360 --> 00:42:37,800
their three hundred million. So if he loves money so much,

877
00:42:37,800 --> 00:42:41,679
why doesn't he open a fund? I'll move Bullward client

878
00:42:41,760 --> 00:42:46,760
money to that sucker right now. Oh oh it's because, oh,

879
00:42:46,800 --> 00:42:49,519
because now that would make you too, that'd be too visible.

880
00:42:49,639 --> 00:42:53,119
Right now, you'd be a hedge fund. It's just corruption.

881
00:42:53,480 --> 00:42:57,760
It's out and out, flat out corruption. And I'll tell

882
00:42:57,760 --> 00:43:00,440
you what, if we find any anytime we see the

883
00:43:00,440 --> 00:43:02,679
Conservatives doing the same thing, my attitude does.

884
00:43:02,719 --> 00:43:03,800
Speaker 4: I want to pin them to the wall.

885
00:43:04,159 --> 00:43:06,719
Speaker 3: Right, If you're a Republican you're pull in this garbage,

886
00:43:06,840 --> 00:43:09,159
I want you stapled to the wall.

887
00:43:09,440 --> 00:43:11,880
Speaker 1: I have this new standard for myself. It's not blue,

888
00:43:11,920 --> 00:43:15,440
it's not red. It's not Republican, Democrat, conservative, liberal. Here's

889
00:43:15,480 --> 00:43:16,800
my standard. Is it biblical?

890
00:43:17,440 --> 00:43:18,719
Speaker 4: Yep? Agreed?

891
00:43:19,119 --> 00:43:21,119
Speaker 1: And if we were to look at our society that way,

892
00:43:21,159 --> 00:43:23,519
at our lives that way, is it biblical? This is

893
00:43:23,559 --> 00:43:25,679
how I want to look at every news event. I

894
00:43:25,679 --> 00:43:27,159
want to look at every happening in the world. Is

895
00:43:27,159 --> 00:43:29,679
it biblical? That's all that matters to me. And know

896
00:43:29,960 --> 00:43:34,000
in fact, stealing from the taxpayer, lording your power over others,

897
00:43:34,079 --> 00:43:37,639
displaying the fact that you covet being deceptive, all those

898
00:43:37,639 --> 00:43:38,559
things not biblical.

899
00:43:38,960 --> 00:43:39,039
Speaker 2: No.

900
00:43:39,320 --> 00:43:41,599
Speaker 3: Here, And I'm so glad you said that, man, because

901
00:43:41,800 --> 00:43:45,840
if being a part of any movement requires me to

902
00:43:46,000 --> 00:43:49,800
either accept or reiterate something that I know isn't true. Yeah,

903
00:43:50,199 --> 00:43:51,639
I don't care what you tell me.

904
00:43:51,679 --> 00:43:52,280
Speaker 4: The stakes are.

905
00:43:52,320 --> 00:43:56,239
Speaker 3: If I don't, I do not believe that we are bound,

906
00:43:56,920 --> 00:44:00,679
meaning I think that the fear in my opinion personally speaking,

907
00:44:00,679 --> 00:44:03,400
I think the fear of God should supersede the fear.

908
00:44:03,239 --> 00:44:04,519
Speaker 4: Of any man made institution.

909
00:44:05,039 --> 00:44:09,559
Speaker 3: Meaning the priority in my opinion is backwards, meaning the

910
00:44:09,599 --> 00:44:13,039
first priority you should have is don't take him off

911
00:44:13,559 --> 00:44:17,760
right and have a healthy fear of him. And I

912
00:44:17,800 --> 00:44:20,400
am far more concerned about him saying that I'm on

913
00:44:20,440 --> 00:44:22,239
the right side of things than I am.

914
00:44:22,199 --> 00:44:24,840
Speaker 4: Any political any political movement.

915
00:44:25,199 --> 00:44:28,119
Speaker 3: And if that castigates me from some people, if that

916
00:44:28,159 --> 00:44:30,400
convinces me some people that I'm not on their team,

917
00:44:30,480 --> 00:44:32,239
that's fine. But I'm not going to lie for anybody,

918
00:44:32,320 --> 00:44:34,000
and I'm not going to misrepresent what I believe to

919
00:44:34,000 --> 00:44:34,440
be the truth.

920
00:44:34,599 --> 00:44:36,760
Speaker 1: Love that I've thought about this, and this is a

921
00:44:36,800 --> 00:44:40,400
new interpretation for me. When Jesus is with conscious pilot,

922
00:44:40,400 --> 00:44:42,639
and conscious pilot says, don't you know I have the

923
00:44:42,719 --> 00:44:44,679
authority of life over death of you, that I have

924
00:44:44,679 --> 00:44:47,760
the control over that, And it's you know, Jesus says,

925
00:44:47,760 --> 00:44:49,239
you have no control of me. But that which my

926
00:44:49,239 --> 00:44:52,440
father grants, that's been interpreted for Jesus saying you have

927
00:44:52,519 --> 00:44:55,239
no control over me, but that which my father grants.

928
00:44:55,440 --> 00:44:57,679
It's been interpreted as Jesus saying very calmly, well, you

929
00:44:57,679 --> 00:44:59,440
have no control over me. But that which my father

930
00:44:59,480 --> 00:45:02,920
grants an interpretation, and it's almost the interpretation to Jesus.

931
00:45:02,960 --> 00:45:05,840
Look at him, going to bless your little noggin.

932
00:45:07,199 --> 00:45:07,599
Speaker 4: That much.

933
00:45:07,719 --> 00:45:11,119
Speaker 1: My father grants grin and Adam smiling at him, winking

934
00:45:11,159 --> 00:45:14,079
at him like and wouldn't that freak you? The guy

935
00:45:14,079 --> 00:45:16,320
who's about to resurrect himself gives you a wink and

936
00:45:16,320 --> 00:45:17,920
you get no power for that me, but which my

937
00:45:17,920 --> 00:45:18,920
father grants. Ha ha.

938
00:45:19,840 --> 00:45:21,719
Speaker 3: Well, funny story about that, I think you and I

939
00:45:21,760 --> 00:45:24,199
talked about this on the show. I heard an interview

940
00:45:24,199 --> 00:45:27,440
from a from a minister that wrote a book that

941
00:45:27,480 --> 00:45:29,679
was really popular that was contacted by Jim Baker in

942
00:45:29,719 --> 00:45:32,239
prison and went and spoke to Jim Baker and said

943
00:45:32,280 --> 00:45:32,519
to him.

944
00:45:32,559 --> 00:45:34,039
Speaker 4: He goes, Jim, how does a guy go off the

945
00:45:34,119 --> 00:45:35,719
rails like you did? Like you did?

946
00:45:35,800 --> 00:45:38,320
Speaker 3: You quit loving Jesus at some point, And Jim goes, no,

947
00:45:38,800 --> 00:45:40,800
never quit loving Jesus. He goes, the problem is I

948
00:45:40,880 --> 00:45:45,960
quit fearing it, right, And the fear of the Lord

949
00:45:46,039 --> 00:45:51,760
is the beginning of knowledge. Right, Yeah, and that is man.

950
00:45:51,800 --> 00:45:53,800
It makes me tingle. It makes my skin a little

951
00:45:53,840 --> 00:45:55,920
tingle when I think about it, because, yes, man, he

952
00:45:56,039 --> 00:45:58,440
is a loving father, full of grace, full of forgiveness.

953
00:45:58,800 --> 00:46:01,880
But with that, with that, he's full of graceful of forgiveness.

954
00:46:01,960 --> 00:46:04,440
If you choose not to accept that, he's also full

955
00:46:04,440 --> 00:46:05,039
of disciplined.

956
00:46:05,119 --> 00:46:07,599
Speaker 1: Oh, totally agree. I was watching a video. It's one

957
00:46:07,639 --> 00:46:10,119
of those really aggravating videos this woman put up where

958
00:46:10,159 --> 00:46:12,880
she was. She got the huge TikTok hits because she

959
00:46:12,920 --> 00:46:15,760
said black woman being drug out of her car by

960
00:46:15,760 --> 00:46:19,760
a white cop. And she puts up the twenty second version.

961
00:46:20,360 --> 00:46:24,320
Now the fifteen minute versions released, and this is where

962
00:46:24,320 --> 00:46:26,440
the officer is incredibly polite to her. You were going

963
00:46:26,480 --> 00:46:30,760
forty five in a school zone and he's in club. Repolite.

964
00:46:30,760 --> 00:46:34,280
She does not, She won't sign the ticket. Then he says,

965
00:46:34,400 --> 00:46:37,000
that's fine, I'll just note refused hands with the piece

966
00:46:37,000 --> 00:46:40,800
of paper. She throws it on the ground. He says, okay,

967
00:46:41,039 --> 00:46:44,559
that's littering. Now you're being charged with littering and I

968
00:46:44,599 --> 00:46:47,199
need you get out of the car. I'm not getting

969
00:46:47,199 --> 00:46:48,639
out of the car. You can't make me. I don't

970
00:46:48,599 --> 00:46:51,079
know I'm not afraid of you, ma'am. Please get out

971
00:46:51,079 --> 00:46:54,639
of the car, Zach. It's ten minutes of this officer saying,

972
00:46:54,880 --> 00:46:56,559
is there anything I can do to get you to comply?

973
00:46:57,159 --> 00:47:00,360
Call your supervisor, ma'am, I'm the supervisor on duty. Get

974
00:47:00,400 --> 00:47:03,239
out of your car. Nope. And then he opens the door.

975
00:47:03,280 --> 00:47:06,320
She's screaming at him, and he has his hands on her.

976
00:47:06,400 --> 00:47:08,760
She says, don't you touch me. And then she says,

977
00:47:08,800 --> 00:47:10,679
I'll take the ticket, give me back the ticket, I'll

978
00:47:10,719 --> 00:47:13,679
take it now, and he says that time is over.

979
00:47:14,320 --> 00:47:15,159
Speaker 4: Yep, that passed.

980
00:47:15,159 --> 00:47:17,519
Speaker 1: Now you're resisting arrest. I hope that people who have

981
00:47:17,559 --> 00:47:20,440
not made the decision for the Lord Jesus, or who

982
00:47:20,440 --> 00:47:23,679
are far from him will remember all that grace, all

983
00:47:23,719 --> 00:47:26,719
that mercy he is. That he is grace, he is mercy,

984
00:47:26,760 --> 00:47:28,800
he is truth, he is the way, he is the life.

985
00:47:28,800 --> 00:47:31,559
He's all those things. And there comes a time where

986
00:47:31,559 --> 00:47:34,199
you'll be in front of Jesus and you say, but

987
00:47:34,360 --> 00:47:39,960
now I get it. Now I'll serve, and Jesus has

988
00:47:40,000 --> 00:47:43,280
to say I don't know you. Yeah, I'm sorry, and

989
00:47:43,320 --> 00:47:46,519
that that option is not available anymore. What options are available?

990
00:47:48,079 --> 00:47:53,199
Only one tot gotta suck and the words of Puddy

991
00:47:53,559 --> 00:47:57,159
from Seinfeld. Remember that when when she found Christian music

992
00:47:57,199 --> 00:48:00,280
on a PuTTY's card he said, she said, you kept

993
00:48:00,280 --> 00:48:02,519
going to hell. You remember what put He said, Yeah,

994
00:48:02,519 --> 00:48:06,159
that's right. Then he goes, yeah, yeah, it's get me rough, Yes,

995
00:48:06,320 --> 00:48:06,800
give me rough.

996
00:48:08,360 --> 00:48:10,639
Speaker 4: I love that guy, right, that's right, Yeah.

997
00:48:10,480 --> 00:48:10,719
Speaker 2: That's right.

998
00:48:10,960 --> 00:48:14,360
Speaker 1: That's so good, brother. Thank you for joining us. Great

999
00:48:14,400 --> 00:48:16,960
to get wise counsel Zach Abraham. You can go check

1000
00:48:17,000 --> 00:48:18,760
him out at Know Your Risk podcast dot com. That's

1001
00:48:18,880 --> 00:48:22,079
his podcast lives. But of course I can't say more

1002
00:48:22,079 --> 00:48:23,599
because then I'd have to say that whole thing, Know

1003
00:48:23,639 --> 00:48:26,199
Your Risk podcast dot com. This is the Todd Herbertshaw.

1004
00:48:26,239 --> 00:48:28,800
Please go, be well, be strong, be kind, and please

1005
00:48:28,840 --> 00:48:30,840
make every effort to walk in the light of Christ.