WEBVTT 1 00:00:00.600 --> 00:00:03.720 Morning, Browning and Dragon. Yeah, my son the other day 2 00:00:03.839 --> 00:00:06.719 pointed out something interesting to me. You know, in the 3 00:00:06.759 --> 00:00:10.160 original Star Wars movie, how did they destroy the Death Star? 4 00:00:10.919 --> 00:00:14.759 They launched a bomb down a ventilator shaft. How did 5 00:00:14.800 --> 00:00:20.359 we destroy the nuclear targets in Iran? We launched bombs 6 00:00:20.440 --> 00:00:27.879 down the ventilator shafts. Life imitating art. Having a great day, guys. 7 00:00:27.879 --> 00:00:30.879 Yep, real quickly, a couple of points I want to 8 00:00:30.879 --> 00:00:33.079 make that I want to move on to an issue 9 00:00:33.079 --> 00:00:34.320 that's bugging me about wealth. 10 00:00:35.320 --> 00:00:37.520 This is from MSNBC This Morning. 11 00:00:37.960 --> 00:00:41.159 In a statement, director John Ratcliffe explains a body of 12 00:00:41.280 --> 00:00:45.560 credible intelligence from a historically reliable and accurate stores. 13 00:00:46.320 --> 00:00:52.359 Wonder that could be the historic and reliable source Masade 14 00:00:53.280 --> 00:00:58.280 and their friends were their moles inside the IRGC. 15 00:00:58.520 --> 00:01:02.799 Statement Director John Ratcliffe explains a body of credible intelligence 16 00:01:02.840 --> 00:01:08.040 from a historically reliable and accurate source. Indicates quote, several 17 00:01:08.120 --> 00:01:12.319 key Iranian nuclear facilities were destroyed and would have to 18 00:01:12.319 --> 00:01:16.239 be rebuilt over the course of years. This contradicts a 19 00:01:16.400 --> 00:01:20.959 leaked initial assessment from the Defense Intelligence Agency, which found 20 00:01:20.959 --> 00:01:24.359 that the bombings only set back Iran's program by several months. 21 00:01:25.280 --> 00:01:28.760 Resources with knowledge of the matter, tel NBC News that 22 00:01:28.840 --> 00:01:32.480 the agency also labeled its report as being low confidence. 23 00:01:32.719 --> 00:01:34.519 They categorize these things and. 24 00:01:34.599 --> 00:01:38.239 Comes as the President and his administration have been outright 25 00:01:38.319 --> 00:01:40.760 dismissing the assessment angrily doing so. 26 00:01:40.959 --> 00:01:44.359 They can't let it go. They simply cannot let it go. 27 00:01:44.920 --> 00:01:48.359 Is then a couple of text messages GUBA number fifty 28 00:01:48.359 --> 00:01:53.480 seven twenty two, somebody got it. You're exactly right, Michael. 29 00:01:53.519 --> 00:01:55.239 You know what I got out of that clip you played? 30 00:01:56.200 --> 00:01:59.200 That they don't play beach volleyball or beach football at 31 00:01:59.200 --> 00:02:04.799 that facility, an obvious reference to top gun. These are 32 00:02:05.040 --> 00:02:09.599 serious folks with no time to play. Yep, that's exactly right. 33 00:02:11.599 --> 00:02:14.639 Fifty four thirty one make Mike, May God bless all 34 00:02:14.680 --> 00:02:16.120 of the men and women our military. 35 00:02:16.319 --> 00:02:17.719 Hrah Jim. 36 00:02:19.080 --> 00:02:24.000 And sixty four or fourteen Yeah worth remembering Michael. Nobody 37 00:02:24.039 --> 00:02:28.120 mentions that the taxpayers you and me paid for iron 38 00:02:28.199 --> 00:02:31.479 to enrich uranium thanks to Obama, and now. 39 00:02:31.360 --> 00:02:33.599 We blew it up. Yeah. 40 00:02:33.800 --> 00:02:35.919 Sometimes we have to fix the screw ups of other people. 41 00:02:36.919 --> 00:02:38.240 Just like we do in real life. We have to 42 00:02:38.240 --> 00:02:41.319 do it in the world too. I want to go 43 00:02:41.439 --> 00:02:48.960 back to yesterday and Zilloran Mandani the guy that's won 44 00:02:49.000 --> 00:02:53.680 the Democrat nomination, not the socialists, not the fascists, not 45 00:02:53.719 --> 00:02:59.039 the Marxist nomination. He has won the Democrat nomination to 46 00:02:59.080 --> 00:03:04.159 be the next mayor of New York City. I've been 47 00:03:04.199 --> 00:03:07.639 reading more and more about him, and I've come to 48 00:03:07.680 --> 00:03:13.560 a conclusion that envy is probably one of the primal 49 00:03:13.719 --> 00:03:20.520 characteristics of those useful idiots that spouse Marxism and for 50 00:03:20.680 --> 00:03:25.479 Marxists themselves, and that ends up manifesting itself in all 51 00:03:25.520 --> 00:03:30.759 the public rhetoric that vilifies the wealthy. They cast the 52 00:03:30.800 --> 00:03:36.639 wealthy as inherently immoral, the wealthy or exploitative. They're always 53 00:03:36.639 --> 00:03:42.759 trying to use people, and I think that ignores completely 54 00:03:44.039 --> 00:03:50.000 the dynamic nature of wealth creation, because what they do 55 00:03:51.039 --> 00:03:57.520 in creating their wealth, they innovate their entrepreneurship, and that 56 00:03:57.599 --> 00:04:00.919 ends up expanding opportunities for everybody. 57 00:04:01.120 --> 00:04:02.520 Even if it's not directly. 58 00:04:02.599 --> 00:04:05.400 You know, everybody's all a dinner right now about Jeff 59 00:04:05.400 --> 00:04:09.639 Bezos and whatever his new life is. That they're, you know, 60 00:04:09.960 --> 00:04:12.840 in the vernacular used by the media, they're renting Venice. 61 00:04:12.879 --> 00:04:16.959 They're taking over all of Venice, Italy, not Venice the restaurant. 62 00:04:17.000 --> 00:04:19.399 I'd like to take that overneath there all day. Uh, 63 00:04:19.480 --> 00:04:23.680 they're taking over Venice and you know they're they're flying 64 00:04:23.920 --> 00:04:24.439 Why did I. 65 00:04:24.439 --> 00:04:29.720 Read something like, uh, either ninety guests or. 66 00:04:29.680 --> 00:04:34.240 There's ninety private jets that have all booked parking spaces 67 00:04:34.319 --> 00:04:38.160 somewhere at an airport near near Venice, and that doesn't 68 00:04:38.199 --> 00:04:41.920 count the number of yachts from others that are in 69 00:04:41.959 --> 00:04:44.920 the area. They're taking their yachts to Venice for the wedding, 70 00:04:45.759 --> 00:04:49.560 and the locals are all upset because Venice itself is 71 00:04:50.279 --> 00:04:54.519 truly kind of overrun with tourists, such the point that 72 00:04:54.600 --> 00:04:59.240 you know we talk about traffic congestion pricing, well they 73 00:04:59.240 --> 00:05:03.079 have tourists congestion pricing where you actually now have to 74 00:05:03.519 --> 00:05:06.240 in order to get into Old Venice and some of 75 00:05:06.240 --> 00:05:09.839 the canals got you've got to purchase a ticket and 76 00:05:10.720 --> 00:05:13.000 go at a certain time and only say for a 77 00:05:13.040 --> 00:05:15.079 certain amount of times. So they're they're trying to control 78 00:05:15.079 --> 00:05:20.879 because this just being overrun so much. But critics of billionaires, 79 00:05:20.920 --> 00:05:26.040 critics of the wealthy, seem to focus on their wealth 80 00:05:26.199 --> 00:05:30.600 as being a symbol of inequality, and they never take 81 00:05:30.639 --> 00:05:34.839 the time to critically examine the mechanisms such as whatever 82 00:05:34.920 --> 00:05:38.720 technological advances they come up with, or the market efficiency 83 00:05:38.720 --> 00:05:43.000 of the efficiencies they come up with, or the retail 84 00:05:43.079 --> 00:05:46.360 innovation they can And I'm thinking about Bezos, the retail innovation. 85 00:05:47.480 --> 00:05:53.120 Bezos has made billions from first selling what books selling 86 00:05:53.120 --> 00:05:56.800 books online? There's this new thing go on the internet. 87 00:05:56.959 --> 00:05:58.800 What if I can sell some books in there. Well, 88 00:05:58.879 --> 00:06:00.480 we'll try to sell books. That would be an easy 89 00:06:00.519 --> 00:06:04.439 thing to, you know, to package and send out. Oh 90 00:06:04.480 --> 00:06:06.199 I can sell books, Maybe I can sell records. Maybe 91 00:06:06.199 --> 00:06:07.959 I can sell this, Maybe I sell shampoo. Now I 92 00:06:07.959 --> 00:06:10.160 can sell everything, and now I can get other people 93 00:06:10.199 --> 00:06:14.160 to sell stuff for me. I mean, so you may 94 00:06:14.199 --> 00:06:18.439 think that Jeff Bezil's wealth is obscene, or the weddings 95 00:06:18.439 --> 00:06:22.040 of fifty five million dollars for the wedding does seem 96 00:06:22.079 --> 00:06:25.399 a tad overboard. I mean, I know, the red Beard 97 00:06:25.480 --> 00:06:27.480 spent you know, forty five million, but you get the 98 00:06:27.519 --> 00:06:29.959 fifty five million for your wedding. You're getting a little 99 00:06:29.959 --> 00:06:33.560 overboard forty five million. That might be all right, but 100 00:06:33.920 --> 00:06:38.279 there's all this selective outrage, and all that outrage kind 101 00:06:38.279 --> 00:06:44.519 of obscures the economic benefits that millionaires and billionaires bring. 102 00:06:45.480 --> 00:06:48.839 Job creation. You know, the old saw about. Has a 103 00:06:48.839 --> 00:06:51.519 poor person ever given you a job? No, Generally it's 104 00:06:51.560 --> 00:06:55.000 people that you know, it's the millionaire next door, it's 105 00:06:55.000 --> 00:06:57.079 the person that lives in an ordinary house. 106 00:06:57.600 --> 00:06:57.800 God. 107 00:06:57.920 --> 00:07:00.000 You know, take Warren Buffett. You ever looked at warm 108 00:07:00.000 --> 00:07:02.279 Buffet's house. I think he bought the house. Don't hold 109 00:07:02.279 --> 00:07:04.759 me to this, but something like nineteen sixty five in 110 00:07:04.759 --> 00:07:08.959 Omaha lives in the same house. You know, drive drive 111 00:07:09.079 --> 00:07:11.319 some you know old you know, ten year old car 112 00:07:11.399 --> 00:07:13.720 or whatever it is to the dairy queen to get 113 00:07:13.720 --> 00:07:17.439 an ice cream cone. Riches well, maybe the second or 114 00:07:17.439 --> 00:07:23.360 third richest man on the planet right now, But they ignore, 115 00:07:24.600 --> 00:07:28.600 for example, like what Warren Buffett's done. And I say that, 116 00:07:28.800 --> 00:07:32.879 but look at Bill Gates. I despise Bill Gates not 117 00:07:33.000 --> 00:07:36.240 because of his wealth, but because of him and the 118 00:07:36.360 --> 00:07:38.680 things and the policies and the things that he pushes 119 00:07:39.079 --> 00:07:41.439 in terms of the World Economic Forum and all the 120 00:07:41.480 --> 00:07:46.199 stuff that he does in order to push his political 121 00:07:46.360 --> 00:07:49.399 ideology onto the rest of us, but not because of 122 00:07:49.399 --> 00:07:56.240 his wealth. So envy in that context becomes a barrier 123 00:07:57.519 --> 00:08:03.040 for anybody that's not critical thinking to understand the complexities 124 00:08:03.079 --> 00:08:07.319 of wealth, and that then becomes a driver of policies 125 00:08:07.360 --> 00:08:13.480 aimed at punitive redistribution of their wealth rather than public 126 00:08:13.519 --> 00:08:17.920 policies that focus on growth, which is exactly what. 127 00:08:18.199 --> 00:08:19.199 Trump's trying to do. 128 00:08:19.839 --> 00:08:24.920 Trump fully understands the marketplace, fully understands success and failure, 129 00:08:25.319 --> 00:08:28.759 and fully understands that it's the private sector that creates 130 00:08:28.800 --> 00:08:33.480 this wealth. As opposed to everything that Biden Obama and 131 00:08:33.960 --> 00:08:38.000 the current iteration of the Democrat Party as personified by 132 00:08:38.240 --> 00:08:42.879 Zoran Mandami, Alexandria A. Cassi Cortez and Bernie Sanders and 133 00:08:42.960 --> 00:08:46.240 Elizabeth Warren and all the other useful idiots, that we 134 00:08:46.320 --> 00:08:51.159 ought to focus on punitive redistribution because these wealthy people 135 00:08:51.200 --> 00:08:52.879 are the problem, have caused. 136 00:08:52.559 --> 00:08:56.519 All the problems in the world. Well. 137 00:08:56.759 --> 00:09:02.200 Linked to that concept of envy is their own sense 138 00:09:02.360 --> 00:09:10.519 of entitlement. They expect that resources, whether privately owned by 139 00:09:10.519 --> 00:09:13.759 an individual or a company or anybody else, ought to 140 00:09:13.799 --> 00:09:19.840 be distributed based on fairness and not merit, not your contribution. 141 00:09:20.960 --> 00:09:24.240 I mean, for example, this company generally speaking, is a 142 00:09:24.279 --> 00:09:27.320 merit based company. One am I able to contribute to 143 00:09:27.399 --> 00:09:32.600 the company, both in terms of ratings, revenue, audience, cume, 144 00:09:32.679 --> 00:09:36.519 all of the things up by which were measured well, 145 00:09:36.559 --> 00:09:44.320 the mindset that focuses instead on perceived fairness that is 146 00:09:44.480 --> 00:09:51.799 exactly the basis for government intervention, and that government intervention 147 00:09:52.000 --> 00:09:57.399 manifests itself in things like wealth taxes, universal income programs, 148 00:09:58.039 --> 00:10:01.000 all of the social safety net program that we have 149 00:10:01.159 --> 00:10:06.799 and extend not to those who are truly the I 150 00:10:06.799 --> 00:10:10.200 don't know how to emphasize this, but the truly indigent 151 00:10:11.080 --> 00:10:14.960 among us that, through no fault of their own, through 152 00:10:15.120 --> 00:10:22.080 you know, physical maladies, through mental, you know, infirmities, whatever 153 00:10:22.159 --> 00:10:25.879 it might be that prevent them from being productive members 154 00:10:25.919 --> 00:10:31.000 of society. We've kind of agreed originally that we would 155 00:10:31.000 --> 00:10:34.960 have a social safety net for them, but instead that 156 00:10:35.039 --> 00:10:39.279 has just blown up to a point where government intervention, 157 00:10:40.360 --> 00:10:45.519 wealth taxes, all these income programs, nobody wants to think 158 00:10:45.519 --> 00:10:49.320 about the long term consequences of those, and those entitlement 159 00:10:49.399 --> 00:10:54.759 driven policies in the long run actually discourage productivity and 160 00:10:54.840 --> 00:10:59.279 innovation because what are they doing. They're prioritizing equal outcomes 161 00:10:59.559 --> 00:11:11.000 over equal opportunities. The most I think concerning trend that 162 00:11:11.200 --> 00:11:16.159 I think this election in New York shows is willful ignorance, 163 00:11:17.120 --> 00:11:22.360 the deliberate rejection of economic principles in favor of all 164 00:11:22.480 --> 00:11:26.799 the emotionally satisfying narratives that that y'all whoo was espousing. 165 00:11:28.720 --> 00:11:31.000 If all you think, remember the guy that ran from 166 00:11:31.000 --> 00:11:32.919 mayor in New York that you know the rent was 167 00:11:32.960 --> 00:11:38.120 too damn high, Remember what kind of national and international 168 00:11:38.159 --> 00:11:44.480 coverage he got, Because everybody thinks that everything and most 169 00:11:44.519 --> 00:11:48.159 everything is too high. I filled up with gas the 170 00:11:48.159 --> 00:11:51.759 other day, and while gas is at its lowest level 171 00:11:51.799 --> 00:11:54.039 in several years, I still think it's hot. It's too 172 00:11:54.159 --> 00:11:55.759 high because it's not where it. 173 00:11:55.720 --> 00:11:58.320 Was pre COVID. I don't think it's ever going to 174 00:11:58.360 --> 00:12:00.639 come down much than what it is. It is what 175 00:12:00.759 --> 00:12:01.120 it is. 176 00:12:02.399 --> 00:12:07.399 So when you play to people's emotions, someone who is 177 00:12:07.480 --> 00:12:11.720 living paycheck to paycheck or even less than that, and 178 00:12:11.879 --> 00:12:13.919 they go to the grocery store and they can't buy 179 00:12:13.919 --> 00:12:17.159 what they want, or they can't afford the apartment they want. 180 00:12:17.440 --> 00:12:20.120 Instead they instead of a one bedroom a they've got 181 00:12:20.120 --> 00:12:22.639 to rend a studio, or still instead of buying a 182 00:12:22.639 --> 00:12:24.679 two bedroom home, they've got to buy a one bedroom 183 00:12:24.759 --> 00:12:27.039 home where it's not as good a neighborhood as I'd 184 00:12:27.039 --> 00:12:32.679 like to be in. Well, that's not my fault, and 185 00:12:33.320 --> 00:12:38.720 I consider myself based on my tax returns I'm in 186 00:12:38.759 --> 00:12:41.799 the top. I don't know five or ten percent, But 187 00:12:43.200 --> 00:12:47.240 my ability to earn an income does not detract from 188 00:12:47.320 --> 00:12:51.519 somebody else's ability to earn an income. So don't blame me, 189 00:12:51.919 --> 00:12:57.039 and don't let other people blame you. It's ignorance. It's 190 00:12:57.120 --> 00:12:59.960 ignorance of free markets, which are not perfect. I grant 191 00:13:00.240 --> 00:13:03.279 free markets are not perfect, but they're better than anything else, 192 00:13:03.679 --> 00:13:07.080 better than what the other sides advocating, and free markets 193 00:13:07.080 --> 00:13:09.480 have lifted billions of people out of poverty, not just 194 00:13:09.480 --> 00:13:10.440 in this country. 195 00:13:10.159 --> 00:13:14.399 But all over the world, or they do. 196 00:13:16.039 --> 00:13:20.399 You know, the one thing that the nominee for mayor 197 00:13:20.399 --> 00:13:23.600 in New York has or maybe he has, but I 198 00:13:23.639 --> 00:13:25.720 don't remember specific He may or may not have called 199 00:13:25.720 --> 00:13:29.039 for price controls. He has certainly called for price controls 200 00:13:29.039 --> 00:13:31.759 in the sense that he wants government run grocery stores 201 00:13:32.039 --> 00:13:34.600 so that the government will set the prices of those groceries, 202 00:13:35.240 --> 00:13:37.679 because you know, the other groceries are price couching. So 203 00:13:37.759 --> 00:13:40.159 maybe in a way he is talking about price controls. 204 00:13:40.240 --> 00:13:43.000 But you think about price controls, we have in this 205 00:13:43.159 --> 00:13:47.519 country our own historical answer about what are the long 206 00:13:47.639 --> 00:13:51.200 term consequences of price control and price controls in ever, 207 00:13:51.279 --> 00:13:55.480 we lead to what higher prices. But if all you 208 00:13:55.600 --> 00:13:59.360 talk about is just price controls to someone who is 209 00:13:59.480 --> 00:14:03.759 so by their hatred of wealth, however you might define that, 210 00:14:04.039 --> 00:14:08.559 you're never going to get through to them. There's this 211 00:14:08.919 --> 00:14:16.399 persistent myth that wealth concentration is always detrimental to society, 212 00:14:17.480 --> 00:14:19.519 and you can find studies in the World Bank in 213 00:14:19.559 --> 00:14:22.720 other places that will try to make that claim. 214 00:14:23.200 --> 00:14:27.440 But what they do is they're ignored. Well, they're ignorant. 215 00:14:28.039 --> 00:14:31.679 They favor the simplistic slogans decrying what I just described 216 00:14:31.720 --> 00:14:35.519 myself as top five or ten percent and what's their 217 00:14:35.600 --> 00:14:42.919 pjority of the top one percent. Well, that is anything 218 00:14:43.000 --> 00:14:47.480 but critical thinking. So when you take envy that I 219 00:14:47.519 --> 00:14:52.360 started out with, you add the idea of entitlement and 220 00:14:52.440 --> 00:14:56.320 throw on top of that willful ignorance. Now you have 221 00:14:56.360 --> 00:15:00.919 a narrative that prevents any sort of meaningful and rational 222 00:15:01.039 --> 00:15:07.080 or logical discussion about economics. And that narrative not only 223 00:15:07.120 --> 00:15:11.720 misrepresents the nature of wealth, but then erodes trust in 224 00:15:11.799 --> 00:15:17.360 institutions like both markets and governments, because the argument becomes 225 00:15:17.399 --> 00:15:22.840 that markets can't do it. Markets create wealth inequality, and 226 00:15:22.879 --> 00:15:26.200 we've got to have the government come in and redistribute 227 00:15:26.240 --> 00:15:31.440 everything so that everybody's treated fairly. Have you always been 228 00:15:31.440 --> 00:15:31.960 treated fairly? 229 00:15:32.000 --> 00:15:32.279 Dragon? 230 00:15:33.399 --> 00:15:40.240 Nobody's ever treated fairly. Life itself is not fair. So 231 00:15:40.399 --> 00:15:43.720 these policies that get born out of that kind of mindset. 232 00:15:44.679 --> 00:15:47.000 You know, we've got to tax the wealthy. Let's put 233 00:15:47.000 --> 00:15:49.720 a surcharge on the wealthy. I mean, even Trump, And 234 00:15:49.759 --> 00:15:52.039 I think Trump's done it politically. I don't think he 235 00:15:52.080 --> 00:15:54.759 really believes it, but I think he's done it, you know, politically. 236 00:15:54.840 --> 00:15:57.240 When he's been asked before about you know, do you 237 00:15:57.240 --> 00:16:00.120 think we how to increase increase taxes on the wealthy, 238 00:16:00.279 --> 00:16:02.480 And he has said I'm just paraphrasing here, but he 239 00:16:02.519 --> 00:16:05.000 said something to the effect that I'm sure they could 240 00:16:05.000 --> 00:16:08.120 afford to pay a little bit more. Well, I wish 241 00:16:08.159 --> 00:16:11.039 you wouldn't do that, because that just feeds into the 242 00:16:11.080 --> 00:16:14.320 cabal's idea that the wealthier the source of all of 243 00:16:14.320 --> 00:16:21.679 our problems. When you propose as most Western nations, just 244 00:16:22.039 --> 00:16:25.240 look at Europe, socialized Europe, and we're going down the 245 00:16:25.279 --> 00:16:30.600 same path. Put steep taxes on high earners, which economists 246 00:16:30.639 --> 00:16:35.919 warn will drive investment overseas, will reduce domestic growth in 247 00:16:35.960 --> 00:16:39.720 this country. And what we ought to do is recognize 248 00:16:39.799 --> 00:16:41.360 that again? Who did I hear? 249 00:16:42.919 --> 00:16:44.000 Oh? I know what it was. 250 00:16:44.480 --> 00:16:47.960 It was one of my dead scrolling through Facebook and 251 00:16:48.080 --> 00:16:51.120 I came across to Dave Ramsey and Dave Ramsey had 252 00:16:51.120 --> 00:16:53.639 a little video. He puts his little snippets up on Facebook. 253 00:16:53.919 --> 00:16:55.960 Apparently I didn't know it. I don't know how I 254 00:16:56.080 --> 00:16:58.399 ended up looking at it, but there it was, and 255 00:16:58.440 --> 00:17:03.600 I watched it because he was talking about how corporate. 256 00:17:03.679 --> 00:17:07.160 You know, some guy was complaining about his corporate taxes 257 00:17:08.000 --> 00:17:13.119 and Ramsey just let into him about you don't pay 258 00:17:13.160 --> 00:17:17.279 corporate taxes. Yeah, you write the check because you had 259 00:17:17.319 --> 00:17:20.319 to fill out a corporate income tax form. But where 260 00:17:20.319 --> 00:17:23.519 did you get that money to pay those corporate taxes? 261 00:17:23.960 --> 00:17:25.920 And the guy was kind of blubbering around like, well, 262 00:17:25.960 --> 00:17:28.279 you know, a guy looked you know, it came out 263 00:17:28.279 --> 00:17:32.599 of my business. Yes, Then if you didn't plan for 264 00:17:32.680 --> 00:17:36.200 those corporate taxes, if your accountant was really lousy, if 265 00:17:36.240 --> 00:17:38.680 you didn't have an accountant and you didn't realize you 266 00:17:38.720 --> 00:17:41.759 needed to price your product or service at a certain 267 00:17:41.839 --> 00:17:43.119 level to cover those. 268 00:17:42.920 --> 00:17:44.319 Costs, then that's on you. 269 00:17:45.680 --> 00:17:47.880 So if you had to write a check and you 270 00:17:47.920 --> 00:17:49.680 had to take money out of savings to pay it. 271 00:17:49.680 --> 00:17:54.079 Then you didn't have your product priced correctly because nobody 272 00:17:54.079 --> 00:17:59.200 pays corporate taxes. Those are built into prices, prices, but 273 00:17:59.279 --> 00:18:00.000 nobody wants to talk. 274 00:18:00.519 --> 00:18:01.039 No, Nope. 275 00:18:02.640 --> 00:18:06.960 The useful idiot, as personified by that nominee in New 276 00:18:07.039 --> 00:18:09.960 York distorts everything about economics. 277 00:18:10.240 --> 00:18:15.160 About your merit based company and what you contribute as 278 00:18:15.200 --> 00:18:18.400 far as merit to it. We know that you contribute 279 00:18:18.480 --> 00:18:21.880 an off a lot of fertilizer. Do you know that 280 00:18:22.000 --> 00:18:26.880 really rich, brown, stinky stuff. Yeah, you supply a lot 281 00:18:26.920 --> 00:18:27.119 of that. 282 00:18:29.000 --> 00:18:35.599 It's high quality fertilizer. High quality manure. Can we use 283 00:18:35.680 --> 00:18:40.960 We talked about manure yesterday in the context of language, 284 00:18:41.480 --> 00:18:45.359 and somebody was using the word manure instead of bull crap. 285 00:18:45.960 --> 00:18:46.880 I forget what it was. 286 00:18:48.920 --> 00:18:51.079 Sixty eight twenty five rides mikea wh in regards to 287 00:18:51.079 --> 00:18:55.279 Bezos and what he's doing or any billionaire. Remember every 288 00:18:55.279 --> 00:19:01.240 paradise has its serpent. Okay six eight five six zero, Michael, 289 00:19:01.240 --> 00:19:05.480 what you just said about socialism is fascinating envy, true 290 00:19:05.559 --> 00:19:08.680 human nature. It's what gets people to vote for socialism. 291 00:19:08.960 --> 00:19:12.079 Human nature is also what causes socialism to fail. If 292 00:19:12.119 --> 00:19:14.200 the harder someone works the more it is taken from 293 00:19:14.240 --> 00:19:16.480 you to give to people to not working, that will 294 00:19:16.480 --> 00:19:19.720 fail in record time. Just food for thought. Yeah, we've 295 00:19:19.799 --> 00:19:20.119 kind of. 296 00:19:20.039 --> 00:19:21.960 Seen it over and over and over again, haven't we. 297 00:19:23.759 --> 00:19:23.880 Uh? 298 00:19:24.039 --> 00:19:28.119 Fifty two thirteen Michael Squirrel. Last year I had a 299 00:19:28.119 --> 00:19:30.640 credit card get closed because I couldn't make payments. I 300 00:19:30.640 --> 00:19:32.720 did keep my house, however, so it was worth it. 301 00:19:33.000 --> 00:19:36.079 I appeared in court today to make payment arrangements after 302 00:19:36.119 --> 00:19:39.960 being served. Did you know this too is a civil suit? Yes, 303 00:19:40.160 --> 00:19:44.279 just like immigration, there are absolutely no state consequences for 304 00:19:44.480 --> 00:19:46.720 my non payment of my debt, and they can't come 305 00:19:46.759 --> 00:19:52.440 after me because of sanctuary laws. Well, wait, we don't 306 00:19:52.440 --> 00:19:55.279 have debtor prisons in this country, so you can't go 307 00:19:55.319 --> 00:19:58.119 to prison for not paying a debt. Well, they can 308 00:19:58.119 --> 00:20:01.240 garnish your wages, they can have a hearing on assets, 309 00:20:01.279 --> 00:20:04.000 and you know, try to sell off some assets. No, 310 00:20:04.119 --> 00:20:07.440 I'm not sure what your point is. How many citizens, 311 00:20:08.000 --> 00:20:12.799 how many citizens stopping payments and credit and debt would 312 00:20:12.839 --> 00:20:16.319 it take for Colorado to change? All wars are bankers 313 00:20:16.359 --> 00:20:19.160 wars and money talks. I've already taken the credit score hit, 314 00:20:19.279 --> 00:20:22.480 so I'll put my money into something make money. What 315 00:20:22.519 --> 00:20:25.200 I have to say I have saved to pay this 316 00:20:25.519 --> 00:20:27.079 just saying thanks for all you do. 317 00:20:28.799 --> 00:20:29.880 How can you get that one? 318 00:20:32.039 --> 00:20:38.160 Not quite sure understood that, Mike two sixty sixty five. 319 00:20:38.200 --> 00:20:40.960 If blowing up a Newke site, would you see elevated 320 00:20:41.079 --> 00:20:47.319 radioactive levels? Depends on how deep it's buried. You might 321 00:20:47.400 --> 00:20:52.839 over time, but you might not immediately two two five five. 322 00:20:53.119 --> 00:20:55.680 Losing human asset on the ground is what's left of 323 00:20:55.759 --> 00:20:59.599 rany and police and military are indiscriminately attacking people, something 324 00:20:59.680 --> 00:21:03.680 Jennifer Griffin never has to worry about. I'm sure they're 325 00:21:03.720 --> 00:21:06.160 attacking people right now because they're trying to They're trying 326 00:21:06.200 --> 00:21:10.720 to show what little force they can to keep the 327 00:21:10.759 --> 00:21:16.640 population at bay. The old saying goes, and it's actually 328 00:21:16.680 --> 00:21:22.759 true that personnel is policy, meaning whomever you elect or 329 00:21:22.799 --> 00:21:27.640 whomever you hire, that's going to reflect what your policies are. Well, 330 00:21:27.640 --> 00:21:33.200 Michael Bloomberg is a demonstrable example of that. The New 331 00:21:33.279 --> 00:21:40.039 York University State Energy and Environmental Impact Center's fellowship New 332 00:21:40.119 --> 00:21:45.319 York University's New York New York University State Energy and 333 00:21:45.519 --> 00:21:47.079 Environmental Impact Center. 334 00:21:49.039 --> 00:21:50.240 Easy for you to say, well. 335 00:21:50.119 --> 00:21:53.480 That's all I'm thinking about is what kind of money 336 00:21:53.519 --> 00:22:00.319 laundering scheme is that place which Bloomberg's philanthropic nonprofit named 337 00:22:00.359 --> 00:22:04.680 after himself, provided two seed grants worth five point six 338 00:22:04.720 --> 00:22:08.440 million dollars in twenty seventeen, has long placed and paid 339 00:22:08.440 --> 00:22:13.359 the salaries of officials in at least ten state attorney 340 00:22:13.400 --> 00:22:19.920 general offices nationwide. I saw this and my first thought was, 341 00:22:21.119 --> 00:22:22.559 and I haven't taken the time. 342 00:22:22.559 --> 00:22:22.720 But. 343 00:22:24.920 --> 00:22:29.720 New York University, funded by Michael Bloomberg with two grants 344 00:22:29.720 --> 00:22:33.960 worth five point six million dollars, that New York University 345 00:22:35.640 --> 00:22:43.160 gives fellowships that then place paid salary officials in ten 346 00:22:43.279 --> 00:22:47.839 state attorney general's offices around the country. Attorney's general offices 347 00:22:47.880 --> 00:22:50.880 around the country. That seems to me to be a 348 00:22:50.920 --> 00:22:56.640 conflict of interest and something certainly not right about it, 349 00:22:57.039 --> 00:23:01.240 if not outright illegal. In the past two years, internal 350 00:23:01.279 --> 00:23:05.039 emails obtained by the Free Beacon Freebacon show the program 351 00:23:05.079 --> 00:23:09.319 has expanded to state level public service commissions, often those 352 00:23:09.359 --> 00:23:14.240 overlooked agencies that regulate utility companies and permit energy infrastructure 353 00:23:14.240 --> 00:23:17.759 like pipelines and power plans. The commissions also implement state 354 00:23:17.799 --> 00:23:22.000 renewable energy standards that force power providers to generate electricity 355 00:23:22.000 --> 00:23:27.640 through price your green sources. Well, now I'm curious how 356 00:23:27.640 --> 00:23:31.440 many in Colorado, how many in your state either the 357 00:23:31.799 --> 00:23:35.319 phil Wiser and the Attorney General's office or the Public 358 00:23:35.400 --> 00:23:39.960 Utilities Commission in Colorado or whatever they call your commission 359 00:23:40.000 --> 00:23:44.359 in your state, or in your state's attorney's attorney general's office, 360 00:23:45.000 --> 00:23:49.680 how many people are working there whose salaries are paid 361 00:23:49.759 --> 00:23:54.319 by a fellowship that's paid by Michael Bloomberg to New 362 00:23:54.400 --> 00:23:58.319 York University's Environmental Center that then gives the fellowships out. 363 00:23:58.680 --> 00:24:02.119 Oh so, if you don't think that personnelist policy, I 364 00:24:02.160 --> 00:24:04.839 would bet you a dollar to a donut that every 365 00:24:04.920 --> 00:24:09.720 single individual in every single public utility commission or every 366 00:24:09.799 --> 00:24:14.000 single AG's office whose salary is paid by the fellowship 367 00:24:14.599 --> 00:24:19.559 just happens to reflect the political ideology of that group. 368 00:24:21.440 --> 00:24:25.160 Now Bloomberg got to give him credit. He might have 369 00:24:25.200 --> 00:24:30.640 been inspired by George Soros, because George Soros did something 370 00:24:30.720 --> 00:24:34.480 similar which we're all aware of. He actually purchased higher 371 00:24:34.480 --> 00:24:37.960 crime rates throughout the country because he put his money 372 00:24:38.000 --> 00:24:40.839 to get left wing district attorneys who side with the 373 00:24:40.880 --> 00:24:42.880 criminals instead of their victims. 374 00:24:43.200 --> 00:24:43.720 Elected. 375 00:24:44.839 --> 00:24:48.359 The center's work in attorney general offices where Bloomberg funded 376 00:24:48.359 --> 00:24:52.519 fellows have participated in litigation accusing the fossil fuel industry 377 00:24:52.759 --> 00:24:57.400 of causing global warming. Has prompted conflict of interest concerns 378 00:24:57.839 --> 00:25:02.119 over the use of private funding to public lawsuits. It's 379 00:25:02.200 --> 00:25:05.200 work in state regulatory agencies, on the other hand, is 380 00:25:05.200 --> 00:25:08.119 a new development, one that suggests the center and its 381 00:25:08.160 --> 00:25:11.559 funder seek to play a more active role pushing green 382 00:25:11.720 --> 00:25:16.799 energy development at the local level. Somebody, I would think 383 00:25:17.079 --> 00:25:20.599 in the local media might be a little curious about 384 00:25:20.640 --> 00:25:24.359 whether or not Phil Wiser or the Colorado Public Utilities 385 00:25:24.359 --> 00:25:28.759 Commission has anybody working for them. That happens to be 386 00:25:28.960 --> 00:25:32.200 funded by this New York University Environmental Center that is 387 00:25:32.240 --> 00:25:36.119 funded by Michael Bloomberg, specifically for these fellowships. So an 388 00:25:36.200 --> 00:25:39.559 essenceeer get paid by Michael Bloomberg. It's just money laundered 389 00:25:39.599 --> 00:25:44.480 through the New York University fellowship program. Now why would 390 00:25:44.480 --> 00:25:45.000 they do that? 391 00:25:46.079 --> 00:25:46.720 Pretty simple? 392 00:25:47.000 --> 00:25:49.799 They want to deprive us of electricity on behalf of 393 00:25:49.839 --> 00:25:56.640 their you know, Church of the climate activists, speaking of envy. 394 00:25:57.079 --> 00:26:02.720 Michael Bloomberg net worth undred and six billion dollars. No 395 00:26:02.720 --> 00:26:07.920 matter what the climate does, I guess that Michael Bloomberg 396 00:26:08.000 --> 00:26:10.880 will continue to live the lifestyle. He continues to live 397 00:26:11.720 --> 00:26:16.079 with his own yachts, his multiple homes, his private jets, 398 00:26:17.039 --> 00:26:20.480 his Manhattan penthouses, and other places that he has, and 399 00:26:20.599 --> 00:26:23.880 his carbon footprint will remain the same, while he puts 400 00:26:23.960 --> 00:26:26.920 people in other places to go after the fossil fuel 401 00:26:26.960 --> 00:26:30.839