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<v Speaker 1>So radical fundamental principles of freedom, rational self interest, and

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<v Speaker 1>individual rights. This is the Ran Book Show. Oh right, everybody,

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<v Speaker 1>welco up to your own book show on this Friday.

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<v Speaker 2>May second. We will be covering the news.

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<v Speaker 1>I hope everybody's having a great Uh had a great week,

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<v Speaker 1>looking for the great weekend. We will be back on

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<v Speaker 1>the Run Book Show tomorrow Saturday and probably Sunday as well.

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<v Speaker 1>Probably do a show on Saturday and on Sunday. Topics

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<v Speaker 1>to be determined. We will let I will let you

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<v Speaker 1>you guys know, let's let's jump in. Unemployment numbers came

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<v Speaker 1>out today. Uh, number of jobs created exceeded expectations, so

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<v Speaker 1>it was higher than what was expected by several tens

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<v Speaker 1>of thousands of jobs. So this was a good news.

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<v Speaker 1>The market went up quite a bit today as a

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<v Speaker 1>consequence of that, stocks did well and generally I think people,

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<v Speaker 1>I guess the market is hopeful that maybe the the

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<v Speaker 1>negative GDP number that came out the other day is

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<v Speaker 1>is not real. Of course, the numbers, the employment numbers

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<v Speaker 1>are really pre the impact of of of tariffs, pre

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<v Speaker 1>impacted Liberation Day. Everything is pre in particular Liberation Day.

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<v Speaker 1>So I'm not sure there's too much to celebrate. But

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<v Speaker 1>you know, do you see enemy as always is resilient

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<v Speaker 1>and you know, seem to be able to withstand even

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<v Speaker 1>the dumbest or the the the most harmful of economic policies.

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<v Speaker 1>So yeah, so we we do have we employment numbers

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<v Speaker 1>were better than expected. Markets up hopefully for one K

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<v Speaker 1>reflects that. And generally you know, the S and P

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<v Speaker 1>five hundreds have been up for days now and uh,

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<v Speaker 1>and we're seeing equity markets recover, I think partially also

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<v Speaker 1>because the market at least into Trump is saying that

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<v Speaker 1>he is going to reduce tabs in China and he's

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<v Speaker 1>gonna compromise and he's going to be nice to Chinese

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<v Speaker 1>and all of that. We still haven't seen anything specific,

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<v Speaker 1>anything in action, but at least the market is pricing

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<v Speaker 1>tariffs not to have a too big of an impact

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<v Speaker 1>on the US and for the Trump administration actually significantly

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<v Speaker 1>moderate its views on tariffs in the days and weeks

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<v Speaker 1>to come. And again, the employment number, which is really

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<v Speaker 1>much more important in a sense than GDP because it

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<v Speaker 1>reflects the number of jobs available to people, and that

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<v Speaker 1>is the basis on which a standup living quality of

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<v Speaker 1>life is based. That is a good sign that it

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<v Speaker 1>hasn't that it's that it's was better than expected. It's

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<v Speaker 1>still positive growth. I don't know if that will last.

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<v Speaker 2>We will see.

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<v Speaker 1>I still think there's the potential for thousands, maybe even

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<v Speaker 1>hundreds of thousands of small to medium sized businesses to

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<v Speaker 1>shut down.

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<v Speaker 2>Here because of tariffs.

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<v Speaker 1>But you know, we'll say, maybe maybe Trump will reverse it,

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<v Speaker 1>reverse the worst of the tariffs in the in the

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<v Speaker 1>next few days and will avoid the worst impact of

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<v Speaker 1>the tariffs on the American economy. Certainly, the market seems

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<v Speaker 1>to believe that. Certainly the market seems to believe that,

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<v Speaker 1>and markets, it's hard to argue with markets. People are

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<v Speaker 1>putting their money where their mouth is. So we'll keep

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<v Speaker 1>monitoring and keep seeing how things evolve and how things developed.

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<v Speaker 1>By the way, yesterday we did an interview with Phil

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<v Speaker 1>magnus and and really good on tariffs and trade, and

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<v Speaker 1>you guys should watch it. He's he knows a lot

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<v Speaker 1>about the history, and we talked a lot about the history.

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<v Speaker 2>And since there's a lot of.

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<v Speaker 1>False information out there about the history of Taos and

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<v Speaker 1>trade in US history, I think you should you should

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<v Speaker 1>watch the interview from yesterday to give you a good

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<v Speaker 1>introduction to the history of US economy in at least

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<v Speaker 1>from this perspective.

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<v Speaker 2>So that was that unemployment number.

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<v Speaker 1>There was one other story I wanted to cover before

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<v Speaker 1>we got rolling with the stuff I had listed.

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<v Speaker 2>But we're just going to jump in.

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<v Speaker 1>Uh bou Kelly is a really interesting story in the

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<v Speaker 1>New York Times a couple of days ago. Uh that

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<v Speaker 1>about bu Keley and about you know, all these prisoners

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<v Speaker 1>that the US has deported to the Al Salvadorian jail.

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<v Speaker 1>Uh So the Times that was reporting about negotiations that

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<v Speaker 1>Bookelly had with the United States.

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<v Speaker 2>Now I remember who bu Kelly is.

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<v Speaker 1>Bou Kelly is A is the president of Al Salvado.

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<v Speaker 1>He came to power and really had pretty unremarkable first

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<v Speaker 1>couple of years until he decided to basically do everything

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<v Speaker 1>he could to clamp down on on violence. Initially, when

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<v Speaker 1>he came into power, he negotiated deals with the gangs

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<v Speaker 1>to reduce violence in Olsavado. When he realized that was

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<v Speaker 1>not working, he basically indorsed the plant the base that

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<v Speaker 1>that went out there, sent out the military and the

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<v Speaker 1>police and arrested anybody who had drug related tattoos. Tens

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<v Speaker 1>of thousands of people who were arrested. He also built

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<v Speaker 1>massive prisons. Everybody is arrested, and then they had these

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<v Speaker 1>mass trials to try to figure out who was and

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<v Speaker 1>who wasn't. In the meantime, everybody was incarcerated.

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<v Speaker 2>There was no innocent until proven guilty anything like that.

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<v Speaker 1>He literally arrested huge numbers of elseo Adoian citizens and

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<v Speaker 1>put them in jail. Uh, and and then kind of

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<v Speaker 1>try to sort it out after the fact. And again,

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<v Speaker 1>proof of membership in a gang was tattoos. Is that

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<v Speaker 1>familiar to anybody? Familiar? Yeah, this is the policy that

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<v Speaker 1>Donald Trump is mimicking. In order to do this, he

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<v Speaker 1>declared a state of emergency, put the put the troops

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<v Speaker 1>out into the streets, and incarcerated again, tens of thousands

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<v Speaker 1>of people, many of them innocent. And uh, you know,

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<v Speaker 1>for what it seems like is going to be very

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<v Speaker 1>long periods of time.

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<v Speaker 2>Uh. The consequence of this is predictable.

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<v Speaker 1>If you take the male population of any of any

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<v Speaker 1>country and you incarcerate a significant proportion of them, you

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<v Speaker 1>will see a decline in violent crime. Violent crime is

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<v Speaker 1>a male phenomena. Women do not, you know, generally commit

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<v Speaker 1>violent crimes. Violent crimes are primarily male committed by men.

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<v Speaker 1>You know, I don't know what the percentage is, but

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<v Speaker 1>it's it's large. So if you lock men up, violent

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<v Speaker 1>crime goes down. Indeed, in El Salvado it went from

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<v Speaker 1>the most the highest murder rate in the world to

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<v Speaker 1>like a you know, a pretty bad US city, but

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<v Speaker 1>just a US city, so not that bad, you know.

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<v Speaker 1>As a consequence, Bukella became unbelievably popular. He then, in

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<v Speaker 1>spite of the constitution limiting his term of president in

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<v Speaker 1>Losovado to only one term, he then ran for a

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<v Speaker 1>second term.

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<v Speaker 2>Does that sound familiar.

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<v Speaker 1>I've seen Trump is selling these Trump twenty and twenty

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<v Speaker 1>eight hats already, so you know, Trump is learning from Bukela. Anyway,

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<v Speaker 1>he ran anyone in a landslide because he had made

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<v Speaker 1>Alsovado much safer. He is also, you know, out there

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<v Speaker 1>blaming higher prices on grocery departments. He is in athirbitarian

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<v Speaker 1>when it comes to the economy. He is a central planner.

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<v Speaker 1>He is an a real athbitarian in Lsovado. The people

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<v Speaker 1>so far love him because the reduction in crimeates, but

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<v Speaker 1>he's also far, far far from being a capitalist. For

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<v Speaker 1>a while, people raved about him because he embraced a

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<v Speaker 1>bitcoin and made it legal tender in the country. But

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<v Speaker 1>the reality is that the Alsavadoran economy is not doing well,

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<v Speaker 1>has not done well even under his rule, and therefore

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<v Speaker 1>they needed a large loan for a large loan in

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<v Speaker 1>order to keep the country going. And in order to

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<v Speaker 1>do that, the IMF required that he, you know, he

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<v Speaker 1>basically was send legal tender status from bitcoin, which he

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<v Speaker 1>did a.

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<v Speaker 2>Couple of months ago.

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<v Speaker 1>Anyway, Becaulay is a statist authoritarian whoa is nothing for

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<v Speaker 1>individuals or individual rights, bet who has been able to

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<v Speaker 1>achieve certain level of a reduction or significant level of

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<v Speaker 1>reduction in crime in Alsavado, and he gets a lot

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<v Speaker 1>of credit for that. Anyway, he has.

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<v Speaker 2>Built these massive jails. They have some spare space.

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<v Speaker 1>So the Trump the Trump administration went down to negotiate

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<v Speaker 1>with Bukele in order to send depotees from the United

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<v Speaker 1>States UH to Arsvado. What was interesting is that Bukele,

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<v Speaker 1>when when the Trump advisors approached him, was was worried.

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<v Speaker 1>You know, he he he, you know, he really wanted, uh,

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<v Speaker 1>he really wanted to make sure that the people being

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<v Speaker 1>sent down were actually criminals. Uh, that they were actually convicted,

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<v Speaker 1>they were actually gang members. Surprisingly, he did not want

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<v Speaker 1>to take Americans who or American illegal immigrants, you know,

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<v Speaker 1>whose only crime was being in the United States illegally. Uh,

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<v Speaker 1>he said, all jail convicted criminal, but not not just illegals.

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<v Speaker 2>And part of that was a worry of how we

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<v Speaker 2>would look at home.

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<v Speaker 1>A lot of el Salvadors, Salvadorians have relatives who are

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<v Speaker 1>illegal immigrants in the United States, and they don't want

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<v Speaker 1>to see their relatives, and they don't view going to

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<v Speaker 1>America illegally as a crime justifying being in a Salvadorian

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<v Speaker 1>horrific high security jail. I guess only Americans think that

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<v Speaker 1>being in illegal in America justify such treatment, as Salvadorians don't.

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<v Speaker 1>So he couldn't really convince his own people that it

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<v Speaker 1>was in their self interest for the United States to

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<v Speaker 1>be dumping US deputees in his jails. So he told

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<v Speaker 1>the Americans that he really wanted if he was willing

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<v Speaker 1>to do it, but only if they should improve that

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<v Speaker 1>these people were actually gang members and convicted a criminal.

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<v Speaker 1>He wanted evidence. Of course, once they started deporting people

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<v Speaker 1>into the jails, the use officials had problems gathering the evidence.

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<v Speaker 1>For one, most of the people who were sent to

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<v Speaker 1>Al Salvado, to the Al Salvadot jail were not not

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<v Speaker 1>convicted criminals. So they came up with a scorecard that

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<v Speaker 1>the Homeland Security Department created which assigned kind of points

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<v Speaker 1>for different attributes. So you kind of if you have

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<v Speaker 1>a lot of tattoos, you got four points. If if

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<v Speaker 1>you had other you know, what do you call it,

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<v Speaker 1>attributes that linked you somehow to gang membership, you got

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<v Speaker 1>other points. If you scored more than four, more than

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<v Speaker 1>eight points, more than any points the tattoos plus something

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<v Speaker 1>else like somebody said or somebody who reported you as

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<v Speaker 1>then you were considered.

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<v Speaker 2>The gang member.

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<v Speaker 1>That and then they promised him an invitation to the

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<v Speaker 1>White House to have a visit with Trump, And those

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<v Speaker 1>two things seemed to have convinced Bukeller to take on

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<v Speaker 1>the deputies and to accept them in spite of the

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<v Speaker 1>fact that they are not convicted criminals. He was willing

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<v Speaker 1>because the US labeled them violent criminals. In this way,

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<v Speaker 1>he could stay, you know, he could stay.

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<v Speaker 2>Close to Trumps.

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<v Speaker 1>Even though at the meeting with Trump in front of

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<v Speaker 1>the reporters, Boo Keller took a very tough stance. He's

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<v Speaker 1>not returning anybody, you know, He's happy to take the deputees.

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<v Speaker 1>These are violent criminals, and so on and so forth.

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<v Speaker 1>He himself had some real doubts about all of this. Now,

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<v Speaker 1>I imagine a world in which a dictator of a

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<v Speaker 1>small Central American country who has extra jail space has

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<v Speaker 1>doubts about the people that the United States is imprisoning

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<v Speaker 1>in his jails. But the United States, the American administration

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<v Speaker 1>responsible for protection of the rights of people who reside

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<v Speaker 1>in America, has no problem with it, has no problem

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<v Speaker 1>with it. So yep, it's impractical to give twenty one

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<v Speaker 1>million people a trial. So what, let's just shoot them?

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<v Speaker 1>What the hell, let's just shoot them they are human beings,

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<v Speaker 1>because we can't give them a trial. They're just overwhelming

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<v Speaker 1>us with numbers. So we're going to send them to

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<v Speaker 1>a now Salvadorian jail instead, you know, shooting them as

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<v Speaker 1>a little brutal or Salvadorian jails. That's a much better

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<v Speaker 1>environment for them, That's okay. It's just unbelievable the disregard

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<v Speaker 1>so many Americans now have for the lives of individual people,

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<v Speaker 1>for the lives of people who want to live in America,

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<v Speaker 1>who risk their lives and much of their fortune to

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<v Speaker 1>come and live in America.

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<v Speaker 2>So what the hell they.

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<v Speaker 1>Hear illeally, Oh my god, this is one of the

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<v Speaker 1>biggest criminal activities one can engage in entering the United

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<v Speaker 1>States without a visa.

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<v Speaker 2>And therefore, you know, can't shoot them.

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<v Speaker 1>We'd like to shoot them, can't shoot them, so we'll

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<v Speaker 1>send them to a brutal in Salvadorian jail. It really

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<v Speaker 1>is pretty pathetic that this is the state of America.

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<v Speaker 1>I can understand, you know, Okay, they boke the law,

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<v Speaker 1>just like everybody else breaks the law. You put him

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<v Speaker 1>in front of a judge, and you tried them, and

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<v Speaker 1>you know the penalties. The penalties are not that big.

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<v Speaker 1>You know, you deport them, you don't put them in

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<v Speaker 1>a jail. But we now, because of what's happened over

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<v Speaker 1>the last two ten years, because over the last ten years,

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<v Speaker 1>led by Trump, intellectuals on the right have basically dehumanized

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<v Speaker 1>illegal immigrants. There now not fully human. They certainly have

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<v Speaker 1>no individual rights, they have no rights. Now it's okay

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<v Speaker 1>to just round them up, round them up and send

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<v Speaker 1>them to jails or deport them to countries where where

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<v Speaker 1>where they're going to be treated horrifically, or back in jail,

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<v Speaker 1>send them back to place like Venezuela, which is which

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<v Speaker 1>is a socialist hell hole. What the hell, they're not human,

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<v Speaker 1>That's what kind of the Trump and the Rights new

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<v Speaker 1>rhetoric basically suggests all of us so really horrific. It's

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<v Speaker 1>it's just it's just disgusting, Uh, the way we are

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<v Speaker 1>treating human beings and so on American so so so

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<v Speaker 1>on Americans, so the opposite of what you would expect

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<v Speaker 1>Americans to be. So they yeah, they've lost this status

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<v Speaker 1>as individuals because they're illegal. We treat we treat criminals

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<v Speaker 1>in America better than we do them, because criminals in

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<v Speaker 1>America get a trial. Immigration is the topic.

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<v Speaker 2>That, Yeah, it's it's it's so it's so upsetting because.

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<v Speaker 1>Because we're talking about human beings, and we're talking about

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<v Speaker 1>human beings. So if you're uicies and you have rights,

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<v Speaker 1>and if you're not a US you don't have rights.

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<v Speaker 1>If you ever read the Declaration of Independence, We'll get

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<v Speaker 1>to Donald Trump's intoation of dectoration independence in a minute,

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<v Speaker 1>but if you've ever ever read the Declaration of advantage.

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<v Speaker 1>It says all men are created equal, all men. It

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<v Speaker 1>doesn't say citizens. It says they're all endowed with inalienable rights,

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<v Speaker 1>the right to life liberty in the pursuit of happiness.

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<v Speaker 1>Know where there is a citizen, Know way there to

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<v Speaker 1>say American, Know whay there to say any of that.

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<v Speaker 1>It says all men are created equal, all of them.

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<v Speaker 1>But to expect anybody to take the declaration in advantage seriously,

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<v Speaker 1>it it is just bizarre. They're inside the United States.

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<v Speaker 1>As soon as you step into the United States. The

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<v Speaker 1>job of the US government, the only frigging job of

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<v Speaker 1>the US government, is to protect your rights, whether you

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<v Speaker 1>leg illegal otherwise. Now you can be then accused of

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<v Speaker 1>violating laws and you know, brought in front of a

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<v Speaker 1>court or whatever. But you don't lose your right to

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<v Speaker 1>life liberty and the pursuit of happiness.

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<v Speaker 2>Because you cross the border.

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<v Speaker 1>You don't lose your right to life liberty in the

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<v Speaker 1>pursuit of happiness because you're illegal.

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<v Speaker 2>You're a human being.

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<v Speaker 1>And if you'd actually look at some of these human beings,

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<v Speaker 1>if you actually look at why they come to the

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<v Speaker 1>United States, what they went through in order to get

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<v Speaker 1>to the United States. You would be if you were

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<v Speaker 1>if you were a human being, you would be ashamed

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<v Speaker 1>of your attitude.

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<v Speaker 2>Around illegal immigrants because.

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<v Speaker 1>I mean, what would you do if you were born

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<v Speaker 1>in an El Salvadorian hellhole?

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<v Speaker 2>Would you not.

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<v Speaker 1>Try to get into the United States? And given that

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<v Speaker 1>it's impossible for you to get in legally, do not

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<v Speaker 1>get in illegally? And what would your moral status be

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<v Speaker 1>if you didn't try? Like it's almost like you could say,

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<v Speaker 1>I could say, it's almost like it would be a

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<v Speaker 1>model not to try to get into the United States

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<v Speaker 1>I legally, because then you're not pursuing.

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<v Speaker 2>Your life.

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<v Speaker 1>But you who are the beneficiaries, some of you who

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<v Speaker 1>are the beneficiaries of living in the United States by

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<v Speaker 1>accident of birth, you can sit here and oh, very illegal.

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<v Speaker 1>They should be sent to jail in Lsalvado. All right,

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<v Speaker 1>the chat has gone crazy? God, what's going on?

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<v Speaker 2>All right? Quickly? In Ukraine Russia?

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<v Speaker 1>So you know, we talked yesterday about the mineral deal

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<v Speaker 1>that was signed a couple of days ago, and today

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<v Speaker 1>we got the announcement that the US is formally pulling

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<v Speaker 1>out of attempting to coordinate a peace deal between Ukraine

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<v Speaker 1>and Russia. So no more whitcough running around the world

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<v Speaker 1>speaking to Putin and others and to try to get people,

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<v Speaker 1>try to put pressure on Zelenski and so on. So

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<v Speaker 1>the US Department, it used to State Department, announced that

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<v Speaker 1>it will be withdrawing from and will no longer mediate

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<v Speaker 1>peace between Ukraine and Russia after Russian President Putin refused

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<v Speaker 1>to sign a set peace settlement ending his full scale

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<v Speaker 1>illegal invasion of Ukraine. I don't know if they said

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<v Speaker 1>illegal invasion of Ukraine. It's now up to, according to

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<v Speaker 1>State Department, up to the two parties to present concrete

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<v Speaker 1>ideas about how the conflict is going to end, and

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<v Speaker 1>they should be directly to end the war. So it's

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<v Speaker 1>going to be interesting to see what happens at this point.

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<v Speaker 1>And it's it's going to be interesting to see if

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<v Speaker 1>Trump changes it attitude towards Putin or towards Zelensky, whether

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<v Speaker 1>the attitude changes. But this should go under the big heading.

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<v Speaker 1>We should have a document ready and the title of

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<v Speaker 1>the heading should be Trump fails and we should start

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<v Speaker 1>listing all the Trump failures in this document. And certainly

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<v Speaker 1>this was one that he promised, I mean he didn't

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<v Speaker 1>just promise once.

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<v Speaker 2>He repeated this many many times.

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<v Speaker 1>During the campaign and a little bit during actually after

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<v Speaker 1>he won the presidency that he would solve the Ukrainian

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<v Speaker 1>Russian War within.

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<v Speaker 2>Twenty four hours. Twenty four hours.

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<v Speaker 1>Now maybe he exaggerated twenty four days, twenty four twenty

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<v Speaker 1>four days. Now he's given up in twenty four months.

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<v Speaker 1>So just listed as a Trump failure among the many

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<v Speaker 1>that have already happened. I'd say most of his presidency

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<v Speaker 1>so far has been a failure, and the failure is

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<v Speaker 1>to come. But you know, as I as I've said

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<v Speaker 1>in the past, Yeah, this is a massive Trump failure.

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<v Speaker 1>You know I I've said, I guess that. You know,

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<v Speaker 1>Trump is the worst as in American history, or we'll

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<v Speaker 1>go down as the worst president in Meerican history. So

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<v Speaker 1>I'm reading a little bit about American history and I'm

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<v Speaker 1>going through kind of the period of Woodrow Wilson, And

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<v Speaker 1>I got to tell you, Woodrow Wilson was probably in

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<v Speaker 1>terms of violating the Constitution, violating individual rights, probably worse

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<v Speaker 1>than Trump. It was worse than Trump in particularly given

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<v Speaker 1>how much freedom still existed.

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<v Speaker 2>Back then.

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<v Speaker 1>Right in that part of that period of American history,

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<v Speaker 1>so you know, nineteen thirteen to nineteen seventeen, so I

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<v Speaker 1>mean the amount of violations the Woodwrow Wilson engaged in

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<v Speaker 1>his four years as president. I mean, freedom of speech

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<v Speaker 1>was really gone, massive interventions in the economy which were

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<v Speaker 1>unprecedented before that, you know, just just violations of constitution

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<v Speaker 1>left and right, partially in the name of entering. Of course,

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<v Speaker 1>he entered World War One, which was an unmitigated disaster.

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<v Speaker 1>Under Wilson, we got a FED, we got the income tax,

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<v Speaker 1>and we got raising of the income taxes dramatically. Initially,

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<v Speaker 1>I don't know if you know this, but initially the

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<v Speaker 1>income tax was very low, I think eight percent, and

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<v Speaker 1>only under very, very very wealthy. So most most overwhelming

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<v Speaker 1>majority of Americas didn't pay income tax. And that's how

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<v Speaker 1>it was sold to the American people. You won't ever

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<v Speaker 1>pay it. It's just a wealthy will paid. And then

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<v Speaker 1>the rates went way up and everybody started paying it.

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<v Speaker 1>So within the Wilson administration, so Wilson, Yeah, Wilson was

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<v Speaker 1>worse and was much more of an ideologue. That's the

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<v Speaker 1>other difference. Wilson was an idea lugue. He was the

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<v Speaker 1>first fully come admitted progressive and the one who really

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<v Speaker 1>shifted progressivism to become a democratic thing. You know, where

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<v Speaker 1>it had been progressivesm was really republican. It was it

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<v Speaker 1>was Teddy Roosevelt who was a progressive, the progressive president again.

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<v Speaker 1>But Teddy didn't get much done. Woodrow Wilson got a

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<v Speaker 1>lot done. You read the history, it's it's actually quite

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<v Speaker 1>shocking and surprising that America did as well as it

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<v Speaker 1>did during that entire period. All right, just to remind

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<v Speaker 1>you that the Democrats are still crazy.

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<v Speaker 2>I found this story.

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<v Speaker 1>It's it's kind of bouncing around, it's it's it's this

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<v Speaker 1>is insane.

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<v Speaker 2>But this is right at the.

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<v Speaker 1>Heart of the Democratic Party. Are we not streaming? Are

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<v Speaker 1>you not seeing this? You guys can see the video

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<v Speaker 1>and audio right, everything's good. Yep, yep, still streaming. I

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<v Speaker 1>So Democratic Party is trying to figure out what it

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<v Speaker 1>stands for. And while I'm sure there's some moderate Democrats

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<v Speaker 1>who are going to come to the forefront and and

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<v Speaker 1>try to capture the party, ultimately, so far the party

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<v Speaker 1>is pretty dominated by you know, the kind of nutty left.

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<v Speaker 1>The nutty left is more motivated, it's more passionate, it's

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<v Speaker 1>more organized.

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<v Speaker 2>I mean, moderates don't organize.

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<v Speaker 1>What do you organize under a ban of oh, we're

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<v Speaker 1>all organized, we're all moderates.

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<v Speaker 2>Let's get passionate about being a moderate. Let's get passionate about.

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<v Speaker 1>Not being as woke as those people are. I mean,

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<v Speaker 1>you don't get that the woke people really passionate. You're

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<v Speaker 1>seeing AOC rallying large groups around with Bernie Sanders. And

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<v Speaker 1>she is going to run I think for president. I

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<v Speaker 1>don't know.

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<v Speaker 2>I didn't know if she was old enough.

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<v Speaker 1>To run, but people are talking about who running in

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<v Speaker 1>twenty twenty eight. I thought she had to be older

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<v Speaker 1>than that. But anyway, so she's going to run. Maybe

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<v Speaker 1>I don't think she can win. I don't think the

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<v Speaker 1>Democratic Party or the American people want AOC as president.

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<v Speaker 1>But even in the actual Democratic Party, you know kind

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<v Speaker 1>of organization, you're seeing the crazy left, you know, dominate

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<v Speaker 1>the process.

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<v Speaker 2>And you can see that.

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<v Speaker 1>In in the election of what do you call it,

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<v Speaker 1>the leadership elections to the d n C. So the

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<v Speaker 1>vice chair is a guy named David Hogg who's pretty

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<v Speaker 1>far left and and and known as a gun control advocate,

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<v Speaker 1>but pretty far left on a lot of different issues,

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<v Speaker 1>and he became vice chair of the Democratic Party. Anyway,

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<v Speaker 1>he beat a woman called Kaylee Kaylin Free, a Native

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<v Speaker 1>American attorney and a Democrat, you know, a Native American attorney,

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<v Speaker 1>and he beat her. Now she is challenging her defeat.

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<v Speaker 1>She's claiming the vote undermined minority candidates. I'm quoting by

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<v Speaker 1>failing to distinguish between gender categories in a meaningful way.

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<v Speaker 1>The DNC process violated its own charter and by laws,

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<v Speaker 1>undermining both fairness and gender diversity.

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<v Speaker 2>This is the complaint. Did she vote.

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<v Speaker 1>So, you know she's a You know, I guess that

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<v Speaker 1>the voting should have provided a different waiting.

424
00:30:16.000 --> 00:30:19.240
<v Speaker 2>For people who are who are.

425
00:30:20.799 --> 00:30:24.319
<v Speaker 1>Different, you know, I don't know diverse or whatever. I

426
00:30:24.599 --> 00:30:28.319
<v Speaker 1>don't know exactly how they how she thinks this works.

427
00:30:28.359 --> 00:30:31.599
<v Speaker 1>Maybe democracy really means that if you're.

428
00:30:32.880 --> 00:30:33.440
<v Speaker 2>If you're in.

429
00:30:33.480 --> 00:30:39.599
<v Speaker 1>The intersectionality hierarchy, if you're part of the exploited group,

430
00:30:39.640 --> 00:30:42.000
<v Speaker 1>you get two votes or three votes or five votes.

431
00:30:42.400 --> 00:30:50.440
<v Speaker 1>Maybe you get votes based on your intersectionality score. Uh So, anyway,

432
00:30:50.480 --> 00:30:58.119
<v Speaker 1>this is crazy stuff. Uh and uh this is evidence

433
00:30:58.319 --> 00:31:02.599
<v Speaker 1>kind of that the woke, crazy left has not gone away.

434
00:31:02.960 --> 00:31:06.759
<v Speaker 1>They're still dominant. They're quiet because they were a little

435
00:31:06.799 --> 00:31:09.400
<v Speaker 1>afraid of Trump. There's no question they were a little

436
00:31:09.440 --> 00:31:15.319
<v Speaker 1>afraid of Trump and whops, what's going on here?

437
00:31:16.000 --> 00:31:19.880
<v Speaker 2>And you know, even the.

438
00:31:21.720 --> 00:31:24.799
<v Speaker 1>Even the people who are getting elected to senior positions

439
00:31:24.839 --> 00:31:32.319
<v Speaker 1>within the Democratic Party are pretty far left. And you know,

440
00:31:32.359 --> 00:31:34.759
<v Speaker 1>this is the challenge that the Democrats are going to

441
00:31:34.839 --> 00:31:38.880
<v Speaker 1>have when they run even in twenty twenty six. Right now,

442
00:31:39.039 --> 00:31:43.079
<v Speaker 1>Trump is very unpopular, and there is a lot of

443
00:31:43.119 --> 00:31:46.759
<v Speaker 1>reason to believe that in twenty twenty six the Democrats

444
00:31:46.920 --> 00:31:50.079
<v Speaker 1>are going to just crush Republicans in the House elections,

445
00:31:50.640 --> 00:31:53.519
<v Speaker 1>in the election for the House of Representatives, as midterm

446
00:31:53.559 --> 00:31:57.480
<v Speaker 1>elections usually go against the party in power, and then

447
00:31:57.640 --> 00:32:03.000
<v Speaker 1>if the president is particularly you know, unpopular, you know,

448
00:32:03.079 --> 00:32:05.839
<v Speaker 1>the midium elections can really be pretty questioning. They were

449
00:32:05.880 --> 00:32:10.160
<v Speaker 1>for Trump in twenty eighteen. The challenge here is that

450
00:32:10.240 --> 00:32:13.279
<v Speaker 1>if the Democratic Party remains kind of the party of

451
00:32:13.519 --> 00:32:20.839
<v Speaker 1>the nutcases, of the crazies, of the woke, then it's

452
00:32:20.960 --> 00:32:26.039
<v Speaker 1>not going to be successful. They're not going to be

453
00:32:26.119 --> 00:32:30.519
<v Speaker 1>able to capture the votes. People will continue to reject

454
00:32:31.000 --> 00:32:40.599
<v Speaker 1>the woke craziness. We will see if a more even

455
00:32:40.599 --> 00:32:48.759
<v Speaker 1>if slightly more rational, Democratic Party is able to rise

456
00:32:48.960 --> 00:32:53.640
<v Speaker 1>from the ashes of this latest election and win over

457
00:32:53.960 --> 00:32:59.440
<v Speaker 1>the American people, because it's clear that America's rejected woke.

458
00:33:00.200 --> 00:33:03.359
<v Speaker 1>It's clear that the America rejected the fall left when

459
00:33:03.359 --> 00:33:09.720
<v Speaker 1>they elected Trump. I think they would reject Trump if

460
00:33:09.720 --> 00:33:13.039
<v Speaker 1>they had an alternative. They'd reject MAGA if they had

461
00:33:13.079 --> 00:33:15.799
<v Speaker 1>an alternative. But are they going to get an alternative?

462
00:33:16.480 --> 00:33:26.279
<v Speaker 1>Is anybody going to provide an alternative? Not clear at all. Okay,

463
00:33:26.480 --> 00:33:29.000
<v Speaker 1>everybody wants me to subscribe, subscribe, subscribe.

464
00:33:31.720 --> 00:33:32.160
<v Speaker 2>All right.

465
00:33:32.799 --> 00:33:36.400
<v Speaker 1>We are now the House of Representatives of Senate in

466
00:33:36.440 --> 00:33:40.359
<v Speaker 1>the process of actually now working through an actual budget

467
00:33:41.160 --> 00:33:45.799
<v Speaker 1>bill actually figure out allocating money the departments and stuff.

468
00:33:46.480 --> 00:33:50.440
<v Speaker 1>The Senate is doing the same thing. This is the great, big, beautiful,

469
00:33:50.599 --> 00:33:55.319
<v Speaker 1>massive bill. The House is supposedly committed to cutting four

470
00:33:55.400 --> 00:34:00.119
<v Speaker 1>hundred four trillion dollars over the next ten years. Now

471
00:34:00.200 --> 00:34:04.720
<v Speaker 1>the way government does accounting. What that means is cut

472
00:34:05.519 --> 00:34:09.400
<v Speaker 1>from the rate of growth that exists. Now that it's

473
00:34:09.559 --> 00:34:13.039
<v Speaker 1>not a real cut. It's not an actual cut. It's

474
00:34:13.119 --> 00:34:16.320
<v Speaker 1>grow less by ten trillion than we would have if

475
00:34:16.320 --> 00:34:20.360
<v Speaker 1>a Democrat was in power. Something like that. The Senate

476
00:34:21.000 --> 00:34:23.960
<v Speaker 1>was only willing to commit to cutting like a few

477
00:34:24.000 --> 00:34:29.800
<v Speaker 1>billion dollars, and now they have to figure out what

478
00:34:29.880 --> 00:34:35.239
<v Speaker 1>they're actually going to cut. If anything, the Trumpet administration

479
00:34:35.360 --> 00:34:41.480
<v Speaker 1>is submitted and outlined for budget to Congress, like Trump's priorities,

480
00:34:42.599 --> 00:34:46.840
<v Speaker 1>A part of that involves cutting one hundred and sixty

481
00:34:46.880 --> 00:34:51.199
<v Speaker 1>three billion dollars from the twenty twenty six federal budget,

482
00:34:52.760 --> 00:34:55.920
<v Speaker 1>from that part of the budget that is not defense

483
00:34:56.519 --> 00:35:02.960
<v Speaker 1>and discretionary. Remember, unless you reform Medicare, Medicaid and SOID security,

484
00:35:03.199 --> 00:35:07.719
<v Speaker 1>you can't cut them. They're a discretionary they are, you know,

485
00:35:07.840 --> 00:35:11.400
<v Speaker 1>part of the thing. Now, some of what these cuts

486
00:35:11.440 --> 00:35:14.119
<v Speaker 1>involve is a lot of actual good.

487
00:35:13.920 --> 00:35:15.159
<v Speaker 2>Things that would be cut.

488
00:35:15.280 --> 00:35:19.599
<v Speaker 1>So this is kind of right of Alex Epstein's advocacy.

489
00:35:19.679 --> 00:35:22.599
<v Speaker 1>A lot of the cuts being proposed by the administration,

490
00:35:22.760 --> 00:35:25.559
<v Speaker 1>again they have to get to Congress, and Congress actually

491
00:35:25.639 --> 00:35:32.239
<v Speaker 1>used to vote on them. Dramatic cuts to alternative energy subsidies,

492
00:35:32.239 --> 00:35:37.960
<v Speaker 1>all kinds of alternative energy things, all kinds of Interior

493
00:35:38.039 --> 00:35:45.519
<v Speaker 1>Department programs that involve again setting aside funds and everything

494
00:35:45.599 --> 00:35:53.639
<v Speaker 1>else for alternatives. They're cutting EPA stuff, and so a

495
00:35:53.639 --> 00:35:57.079
<v Speaker 1>lot of this is coming from energy and environmentalism, those

496
00:35:57.159 --> 00:36:03.480
<v Speaker 1>areas where mower stations being good about really cutting back

497
00:36:03.519 --> 00:36:07.480
<v Speaker 1>on regulations and cutting back and government spending. The problem,

498
00:36:07.480 --> 00:36:09.880
<v Speaker 1>of course is all it is is one hundred and

499
00:36:09.920 --> 00:36:11.239
<v Speaker 1>sixty billion dollars.

500
00:36:11.960 --> 00:36:13.760
<v Speaker 2>One hundred and sixty billion dollars.

501
00:36:13.519 --> 00:36:20.079
<v Speaker 1>Is very minor, minor cuts. Now it's better than nothing,

502
00:36:20.639 --> 00:36:24.480
<v Speaker 1>and it are the kind of cuts that will liberate

503
00:36:24.840 --> 00:36:30.280
<v Speaker 1>certain parts of the economy, particularly again energy and maybe

504
00:36:30.280 --> 00:36:34.679
<v Speaker 1>some infrastructure projects, given that it dramatically is going to

505
00:36:34.760 --> 00:36:42.000
<v Speaker 1>weaken weaken the you know, the environmentalist movement and the

506
00:36:42.079 --> 00:36:46.239
<v Speaker 1>environmental regulations. But that of course is just what the

507
00:36:46.239 --> 00:36:50.639
<v Speaker 1>White House is sent to Congress. But now Congress governed

508
00:36:50.599 --> 00:36:52.599
<v Speaker 1>Bible Republicans, and both the House and a Senate, and

509
00:36:52.719 --> 00:36:57.000
<v Speaker 1>here for the budget, they only need a simple majority.

510
00:36:57.719 --> 00:37:00.480
<v Speaker 1>Now they're going to have to work all the details out.

511
00:37:00.639 --> 00:37:04.679
<v Speaker 1>So we have a bunch of committees. We have all

512
00:37:04.760 --> 00:37:07.519
<v Speaker 1>the committees and subcommittees are now going to have to

513
00:37:07.559 --> 00:37:09.880
<v Speaker 1>work through different pieces of the budget and.

514
00:37:09.800 --> 00:37:10.639
<v Speaker 2>Put it all together.

515
00:37:11.199 --> 00:37:13.440
<v Speaker 1>Now, all the special interest groups are going to come

516
00:37:13.480 --> 00:37:17.400
<v Speaker 1>to Washington and lobby Congressman. And remember all you have

517
00:37:17.440 --> 00:37:20.800
<v Speaker 1>to do is peel off a few Republicans. Republicans particularly

518
00:37:20.840 --> 00:37:24.920
<v Speaker 1>in the House and Senate. They basically have to get unanimity.

519
00:37:25.000 --> 00:37:27.440
<v Speaker 1>If they get people objecting to the bills, the bills

520
00:37:27.440 --> 00:37:31.519
<v Speaker 1>will die. By the way, none of that, None of

521
00:37:31.559 --> 00:37:34.199
<v Speaker 1>these cuts a Doge cuts. These are cuts that are

522
00:37:34.239 --> 00:37:36.960
<v Speaker 1>being proposed to the White House, the budget office in

523
00:37:37.000 --> 00:37:39.639
<v Speaker 1>the White House, to Congress, and our Congress has to

524
00:37:39.719 --> 00:37:43.840
<v Speaker 1>prove them. The White House can't cut spending unilaterally. This

525
00:37:43.920 --> 00:37:48.679
<v Speaker 1>is the fallacy about DOGE. You actually have to change

526
00:37:48.719 --> 00:37:50.800
<v Speaker 1>it in the budget. And the budget is determined not

527
00:37:50.840 --> 00:37:56.000
<v Speaker 1>by Doge. The budget is determined by Congress. So what

528
00:37:56.119 --> 00:37:58.599
<v Speaker 1>Doge is is fire a bunch of people, but the

529
00:37:58.679 --> 00:38:05.199
<v Speaker 1>money is still allocated those departments. Only Congress can end

530
00:38:05.480 --> 00:38:09.119
<v Speaker 1>the budgetary allocations. Indeed, in spite of all the Doge

531
00:38:09.159 --> 00:38:12.559
<v Speaker 1>cuts that have happened, government spending has increased every single

532
00:38:12.599 --> 00:38:17.519
<v Speaker 1>month since Trump got into office, and is expected to

533
00:38:17.559 --> 00:38:18.840
<v Speaker 1>increase every single month.

534
00:38:18.679 --> 00:38:20.639
<v Speaker 2>For the rest of the fiscal year.

535
00:38:23.159 --> 00:38:26.039
<v Speaker 1>So we're going to have now all these committees, all

536
00:38:26.039 --> 00:38:30.239
<v Speaker 1>the lobbyists, get together and start meticulously going line by

537
00:38:30.320 --> 00:38:33.360
<v Speaker 1>line over all the budget items for the American federal government,

538
00:38:33.880 --> 00:38:38.760
<v Speaker 1>this massive, many trillion dollar budget. You can't cut Medicare

539
00:38:39.199 --> 00:38:41.000
<v Speaker 1>and you can't catch those security So what are they

540
00:38:41.000 --> 00:38:46.000
<v Speaker 1>going after? Well, in the House. They have said they're

541
00:38:46.000 --> 00:38:49.239
<v Speaker 1>going to go after Medicaid. Medicaid is health care for

542
00:38:49.320 --> 00:38:55.480
<v Speaker 1>poor people. Ninety five million Americans on Medicaid. So they're

543
00:38:55.519 --> 00:39:02.480
<v Speaker 1>talking about shrinking the amount of money dedicated to Medicaid,

544
00:39:03.880 --> 00:39:07.960
<v Speaker 1>But a lot of Republicans are from districts that are

545
00:39:08.000 --> 00:39:17.159
<v Speaker 1>dominated by Medicaid recipients. Medicaid recipients, they're not gonna want

546
00:39:17.159 --> 00:39:20.639
<v Speaker 1>to shrink it then or not. They're not gonna want

547
00:39:20.639 --> 00:39:24.039
<v Speaker 1>to dramatically cut it or make a lot of people ineligible.

548
00:39:25.000 --> 00:39:29.199
<v Speaker 1>So now they're saying, we're gonna spend less on Medicaid,

549
00:39:29.519 --> 00:39:32.079
<v Speaker 1>but we're not gonna shrink eligibility. So we're still gonna

550
00:39:32.119 --> 00:39:34.199
<v Speaker 1>have all these tens of millions of Americans on it,

551
00:39:34.719 --> 00:39:39.440
<v Speaker 1>but we're somehow gonna provide it less money. How are

552
00:39:39.440 --> 00:39:43.400
<v Speaker 1>they gonna do this? How they're gonna shrink Medicaid by

553
00:39:44.280 --> 00:39:48.480
<v Speaker 1>hundreds of billions of dollars without getting the program? They

554
00:39:48.480 --> 00:39:53.599
<v Speaker 1>probably can't. So this is the big battle now. The

555
00:39:53.639 --> 00:39:56.280
<v Speaker 1>big battle right now is because you can't touch MEDICAI,

556
00:39:56.320 --> 00:39:59.079
<v Speaker 1>you can't touch Medicare, you can't touch medica, and you

557
00:39:59.079 --> 00:40:02.320
<v Speaker 1>can't touch the secure they are now trying to figure

558
00:40:02.320 --> 00:40:06.039
<v Speaker 1>out how do they shrink Medicaid, which is a huge program. Again,

559
00:40:07.000 --> 00:40:11.639
<v Speaker 1>somewhere between seventy to ninety five million Americans on this program.

560
00:40:12.360 --> 00:40:13.760
<v Speaker 1>But they are going to try to do it now.

561
00:40:13.760 --> 00:40:16.719
<v Speaker 1>Of course they'll say they're going to cut waste, faard

562
00:40:16.760 --> 00:40:19.960
<v Speaker 1>and abuse. Waste, far and abuse are not going to

563
00:40:20.039 --> 00:40:22.679
<v Speaker 1>get them the kind of numbers that they want. So

564
00:40:23.400 --> 00:40:25.920
<v Speaker 1>this is a budget process that we're going to watch

565
00:40:27.280 --> 00:40:29.559
<v Speaker 1>and going to see how to how.

566
00:40:29.400 --> 00:40:30.440
<v Speaker 2>It all gets resolved.

567
00:40:30.480 --> 00:40:36.480
<v Speaker 1>Well, one way to resolve this that Republicans Republicans are

568
00:40:36.519 --> 00:40:48.480
<v Speaker 1>supporting is to adopt a program advocated for by Democrats. Right,

569
00:40:49.760 --> 00:40:54.159
<v Speaker 1>and what did Democrats propose in terms of cutting the

570
00:40:54.239 --> 00:40:59.519
<v Speaker 1>cost of spending on healthcare? Well, Democrats have long argued

571
00:41:00.159 --> 00:41:08.599
<v Speaker 1>price controls on drugs, on pharmaceuticals, and indeed Biden imposed

572
00:41:08.599 --> 00:41:12.159
<v Speaker 1>some price controls to executive voter on and I think

573
00:41:12.159 --> 00:41:16.360
<v Speaker 1>there was a bill that passed Congress on the pharmaceutical companies.

574
00:41:17.760 --> 00:41:21.119
<v Speaker 1>By the way, a law that Trump has not rescinded,

575
00:41:21.960 --> 00:41:25.360
<v Speaker 1>has not argued against, does not try to undo. Indeed,

576
00:41:25.639 --> 00:41:32.920
<v Speaker 1>quite the opposite, Republicans are now talking about placing price

577
00:41:33.000 --> 00:41:38.199
<v Speaker 1>controls on drugs as a drug prices on pharmaceutical companies

578
00:41:38.719 --> 00:41:44.440
<v Speaker 1>as a means of cutting government spending. So the government

579
00:41:44.480 --> 00:41:49.920
<v Speaker 1>is now, you know, the government is now. The Republican

580
00:41:49.960 --> 00:41:54.960
<v Speaker 1>government is now. Republicans are now adopting democratic talking points

581
00:41:55.599 --> 00:42:01.400
<v Speaker 1>in order to get spending out of control, which is

582
00:42:01.440 --> 00:42:08.239
<v Speaker 1>pretty pretty amazing. Another talking point is several people within

583
00:42:08.280 --> 00:42:11.840
<v Speaker 1>the White House over the last couple of weeks have

584
00:42:11.920 --> 00:42:14.840
<v Speaker 1>been started to talk about a one of Joe Biden's

585
00:42:14.880 --> 00:42:19.119
<v Speaker 1>talking points Joe Biden Elizabeth Wong, and that is to

586
00:42:19.239 --> 00:42:25.480
<v Speaker 1>put together a special millionaire tacks. This is now what's

587
00:42:25.519 --> 00:42:31.320
<v Speaker 1>being called the Bernie Sanders wing of the GOP, the

588
00:42:31.320 --> 00:42:34.199
<v Speaker 1>Bernie Sanders wing of the GOP. Once price controls and

589
00:42:34.320 --> 00:42:46.239
<v Speaker 1>drugs and a millionaire's attacks. This is what Republican politics

590
00:42:46.320 --> 00:42:52.559
<v Speaker 1>is under Trump. It's almost as leftist as under any Democrat,

591
00:42:52.719 --> 00:42:57.400
<v Speaker 1>and in some ways more leftist than any Democrat. And yeah,

592
00:42:57.559 --> 00:43:00.840
<v Speaker 1>I mean, why exactly the you've for Trump? What do

593
00:43:00.880 --> 00:43:04.360
<v Speaker 1>you get from him that you know? Ohd I he's

594
00:43:04.400 --> 00:43:07.159
<v Speaker 1>not woke and he hates the left, even though he

595
00:43:07.320 --> 00:43:09.800
<v Speaker 1>is the left. He hates the left, and therefore he

596
00:43:09.840 --> 00:43:12.039
<v Speaker 1>is a good guy.

597
00:43:14.239 --> 00:43:15.760
<v Speaker 2>Pretty sad, pretty sad.

598
00:43:15.800 --> 00:43:20.599
<v Speaker 1>There's a good article by Kim Strassel in the in

599
00:43:20.639 --> 00:43:25.719
<v Speaker 1>the Wall Street Journal titled Republicans for Price Controls rather

600
00:43:25.760 --> 00:43:29.000
<v Speaker 1>than reform welfare. Some of the GP want to fight

601
00:43:29.119 --> 00:43:34.480
<v Speaker 1>farmer companies, So Kim Strassel can often.

602
00:43:34.199 --> 00:43:39.159
<v Speaker 2>Be very very good. Let's see.

603
00:43:39.719 --> 00:43:44.320
<v Speaker 1>One good news thing is that Trump signed an executive

604
00:43:44.400 --> 00:43:49.199
<v Speaker 1>order related to spending, executive order basically pulling funding from

605
00:43:49.280 --> 00:43:54.320
<v Speaker 1>np on PBS. Now, which I am one hundred percent

606
00:43:54.360 --> 00:43:56.519
<v Speaker 1>forour the government should not be funding media, any kind

607
00:43:56.519 --> 00:44:01.119
<v Speaker 1>of media, no matter what the actual views or the

608
00:44:01.199 --> 00:44:07.719
<v Speaker 1>actual advocacy is. The problem with executive order is that

609
00:44:07.719 --> 00:44:14.039
<v Speaker 1>that's probably unconstitutional. Now, again, our location of budgetary money

610
00:44:14.119 --> 00:44:15.559
<v Speaker 1>is not the job of the president.

611
00:44:17.960 --> 00:44:21.280
<v Speaker 2>It's Congress Congress.

612
00:44:21.679 --> 00:44:25.239
<v Speaker 1>If you're going to defund the NP on PBS, Congress

613
00:44:25.239 --> 00:44:26.360
<v Speaker 1>has to defund.

614
00:44:26.159 --> 00:44:27.119
<v Speaker 2>NP on PBS.

615
00:44:27.800 --> 00:44:31.440
<v Speaker 1>And you think that with Republican majorities in the House

616
00:44:31.480 --> 00:44:35.320
<v Speaker 1>and the Senate, they would do that. Republicans have tried

617
00:44:35.400 --> 00:44:39.920
<v Speaker 1>in the past and always failed to actually get it across.

618
00:44:39.960 --> 00:44:43.639
<v Speaker 1>So to the extent that Trump is going to try

619
00:44:43.679 --> 00:44:47.760
<v Speaker 1>to implement this cutting a funding to NPR PBS, I

620
00:44:47.800 --> 00:44:49.960
<v Speaker 1>think it's gonna be He's gonna be sued. I think

621
00:44:50.000 --> 00:44:52.960
<v Speaker 1>it'll go in front of the courts, and I don't

622
00:44:53.000 --> 00:44:55.159
<v Speaker 1>think he has the grounds to do it. I think

623
00:44:55.199 --> 00:44:59.280
<v Speaker 1>this will be something that goes that the Congress is

624
00:44:59.280 --> 00:45:00.519
<v Speaker 1>going to have to do the gonna have to get

625
00:45:00.559 --> 00:45:04.480
<v Speaker 1>the balls and actually actually defund it. Now, we will

626
00:45:04.480 --> 00:45:13.599
<v Speaker 1>see when and if if that happens. I'll be surprised

627
00:45:14.360 --> 00:45:17.679
<v Speaker 1>if finally they do this, right, if finally they do this.

628
00:45:19.159 --> 00:45:25.239
<v Speaker 1>All right, let's see a quick one on housing. It's

629
00:45:25.280 --> 00:45:33.199
<v Speaker 1>pretty funny that, you know, people are rediscovering, well, it's

630
00:45:33.199 --> 00:45:36.760
<v Speaker 1>better to rediscover than not the laws.

631
00:45:36.280 --> 00:45:42.800
<v Speaker 2>Of supplying demand. It's it's pretty stunning.

632
00:45:42.840 --> 00:45:47.199
<v Speaker 1>So here's you know, So people are complaining, have been

633
00:45:47.199 --> 00:45:50.480
<v Speaker 1>complaining for a couple of decades now about the cost

634
00:45:50.480 --> 00:45:54.599
<v Speaker 1>of housing. Housing keeps going up in price and in

635
00:45:54.639 --> 00:45:56.400
<v Speaker 1>not in every place in the country, but in some

636
00:45:56.440 --> 00:45:59.320
<v Speaker 1>places in the country, particularly California and a lot of

637
00:45:59.360 --> 00:46:02.159
<v Speaker 1>the major city is of seeing prices go up and

638
00:46:02.239 --> 00:46:05.079
<v Speaker 1>rents as a consequence, rents going up and home price

639
00:46:05.119 --> 00:46:08.559
<v Speaker 1>is going up, and many of us in the free

640
00:46:08.639 --> 00:46:11.679
<v Speaker 1>market world, I mean saying, well, of course, it's a

641
00:46:11.719 --> 00:46:15.679
<v Speaker 1>supply issue. We're not building enough homes. If you build

642
00:46:15.800 --> 00:46:20.599
<v Speaker 1>enough homes, supply demand prices will come down, and like

643
00:46:21.159 --> 00:46:25.840
<v Speaker 1>people are skeptical of this, like, no, it's and they've

644
00:46:25.840 --> 00:46:29.159
<v Speaker 1>got a million other reasons why prices of homes are

645
00:46:29.159 --> 00:46:29.519
<v Speaker 1>going up.

646
00:46:29.599 --> 00:46:33.440
<v Speaker 2>No, it's a simple supply issue. It's not about monetary inflation.

647
00:46:35.079 --> 00:46:38.199
<v Speaker 1>Usually it was in the two thousands, but since two

648
00:46:38.239 --> 00:46:42.280
<v Speaker 1>thousand and eight, it's not being about monetary inflation. It's

649
00:46:42.360 --> 00:46:50.519
<v Speaker 1>not being about anything but not enough supply. And there's

650
00:46:50.519 --> 00:46:54.400
<v Speaker 1>a massive shortage of homes in the United States. You

651
00:46:54.440 --> 00:46:59.000
<v Speaker 1>saw this, and of course you know there's the supply

652
00:46:59.119 --> 00:47:03.880
<v Speaker 1>is constrained because of zoning and regulations and all kinds

653
00:47:03.920 --> 00:47:09.599
<v Speaker 1>of land use laws. Well, surprisingly, on the left, over

654
00:47:09.639 --> 00:47:11.760
<v Speaker 1>the last few years, there's been a movement called Yes

655
00:47:11.800 --> 00:47:16.320
<v Speaker 1>in my Backyard that has been mobilized to try to

656
00:47:16.760 --> 00:47:21.480
<v Speaker 1>influence left leaning cities because most cities are left leaning,

657
00:47:22.199 --> 00:47:26.119
<v Speaker 1>to build more, build more housing. And again the skeptics

658
00:47:26.119 --> 00:47:28.039
<v Speaker 1>are like, what'll that help. That won't do anything, And

659
00:47:28.079 --> 00:47:29.679
<v Speaker 1>you have to build They say, you have to build

660
00:47:29.679 --> 00:47:34.920
<v Speaker 1>low income housing. No, any housing will reduce the cost

661
00:47:34.960 --> 00:47:38.960
<v Speaker 1>of all housing. Any housing will reduce the cost of

662
00:47:38.960 --> 00:47:46.920
<v Speaker 1>all housing, particularly of cheaper housing. And people still skeptical.

663
00:47:47.519 --> 00:47:51.639
<v Speaker 1>So here's a couple of headlines, and it's crazy that

664
00:47:53.360 --> 00:47:55.719
<v Speaker 1>this is just not accepted, and that every city in

665
00:47:55.719 --> 00:48:02.920
<v Speaker 1>the United States just doesn't embrace this simple, straightforward posse build, build, build,

666
00:48:03.360 --> 00:48:04.599
<v Speaker 1>and prices will go down.

667
00:48:11.039 --> 00:48:14.320
<v Speaker 2>So this is from Berkeley, This is from California.

668
00:48:15.039 --> 00:48:19.519
<v Speaker 1>Many Berkeley rents are back to twenty eighteen prices.

669
00:48:20.639 --> 00:48:22.199
<v Speaker 2>Is new housing. The reason.

670
00:48:24.280 --> 00:48:30.039
<v Speaker 1>A question mark A question mark like e kind of

671
00:48:30.039 --> 00:48:31.880
<v Speaker 1>one on one before you write a title like that.

672
00:48:35.280 --> 00:48:39.519
<v Speaker 1>Rent prices of Berkeley's older housing stock have cooled significantly,

673
00:48:40.159 --> 00:48:44.800
<v Speaker 1>even as inflation has swored. Yes, when you build housing,

674
00:48:46.840 --> 00:48:50.440
<v Speaker 1>prices will come down because you've increased supply. Demand hasn't

675
00:48:50.480 --> 00:48:55.719
<v Speaker 1>gone up, and therefore prices go down. Rent is determined

676
00:48:55.880 --> 00:49:00.719
<v Speaker 1>by supply and demand, not by greedy landlords. The price

677
00:49:00.760 --> 00:49:06.679
<v Speaker 1>supplying demand. But they still, even though it's happening before

678
00:49:06.679 --> 00:49:12.880
<v Speaker 1>their rise, they still don't know it. Get rid of

679
00:49:14.320 --> 00:49:19.400
<v Speaker 1>rent control and increasing the quantity of housing and prices

680
00:49:19.639 --> 00:49:21.079
<v Speaker 1>rent prices will come down.

681
00:49:23.119 --> 00:49:24.400
<v Speaker 2>Here's another one, another.

682
00:49:24.119 --> 00:49:33.599
<v Speaker 1>Headline, apartments surge in Denver market delivers record decline in rents.

683
00:49:35.440 --> 00:49:39.679
<v Speaker 1>Reagion added twenty thousand multifamily units last year, resulting in

684
00:49:39.719 --> 00:49:43.840
<v Speaker 1>a three point six percent rent decline in Q four. Well,

685
00:49:43.840 --> 00:49:46.239
<v Speaker 1>at least the guy who wrote the article in Denver

686
00:49:47.400 --> 00:49:52.320
<v Speaker 1>knows about supplying demand and can make the cause of relationship,

687
00:49:52.360 --> 00:49:56.119
<v Speaker 1>not just the correlation between the increase in rent, increase

688
00:49:56.199 --> 00:49:59.679
<v Speaker 1>in quantity of houses and the decline in rents. So

689
00:50:02.559 --> 00:50:06.679
<v Speaker 1>you know, we can complain, complain, complain about housing. The

690
00:50:06.760 --> 00:50:14.840
<v Speaker 1>solution is right there, unequivocal, easy to identify, build more homes.

691
00:50:15.039 --> 00:50:16.679
<v Speaker 1>And to do that you have to change the law,

692
00:50:16.800 --> 00:50:20.440
<v Speaker 1>the zoning laws, and change the building restriction laws and

693
00:50:20.519 --> 00:50:26.239
<v Speaker 1>all of that crap. All right, I want to show

694
00:50:26.280 --> 00:50:28.719
<v Speaker 1>you a video talk about education. I want to show

695
00:50:28.719 --> 00:50:32.199
<v Speaker 1>you a video which I think is pretty creepy. We'll

696
00:50:32.199 --> 00:50:32.920
<v Speaker 1>see what you think.

697
00:50:33.800 --> 00:50:34.440
<v Speaker 2>This is a.

698
00:50:34.519 --> 00:50:43.679
<v Speaker 1>Video of of Miller, Steven Miller, of you know, Trump's advisor,

699
00:50:43.760 --> 00:50:49.079
<v Speaker 1>senior advisor, talking about in a sense, his kind of

700
00:50:49.159 --> 00:50:50.920
<v Speaker 1>vision for education.

701
00:50:53.239 --> 00:51:01.199
<v Speaker 2>And I'm just going to play it. I hope this

702
00:51:01.280 --> 00:51:01.639
<v Speaker 2>you find.

703
00:51:01.679 --> 00:51:05.400
<v Speaker 1>This is creepy and is shocking and as warisome.

704
00:51:05.480 --> 00:51:07.119
<v Speaker 2>As I do here, we go.

705
00:51:09.119 --> 00:51:12.079
<v Speaker 3>Be taught to love America. Children will be taught to

706
00:51:12.199 --> 00:51:14.960
<v Speaker 3>be patriots, children will be taught civic.

707
00:51:14.719 --> 00:51:19.199
<v Speaker 1>Values, children will be taught to be patriots. They'll be

708
00:51:19.360 --> 00:51:23.159
<v Speaker 1>taught to love this country. And if they don't, well,

709
00:51:23.199 --> 00:51:27.360
<v Speaker 1>whip him. No, he didn't say that. I mean just

710
00:51:27.440 --> 00:51:35.039
<v Speaker 1>the way he says it that is unbelievably creepy. And

711
00:51:35.079 --> 00:51:38.639
<v Speaker 1>it's you know, he looks like a little I mean

712
00:51:38.639 --> 00:51:41.440
<v Speaker 1>he looks upon He looks like a little fascist. Children

713
00:51:41.480 --> 00:51:44.039
<v Speaker 1>will be taught what I tell them to be taught.

714
00:51:45.360 --> 00:51:53.360
<v Speaker 1>Note that this is after they close the education department.

715
00:51:57.719 --> 00:52:01.639
<v Speaker 1>They have no interest in letting go of education. They

716
00:52:01.679 --> 00:52:05.920
<v Speaker 1>have no interest in getting the federal government out of education.

717
00:52:07.280 --> 00:52:12.079
<v Speaker 1>Their goal is to a place leftist agenda in education

718
00:52:12.760 --> 00:52:13.840
<v Speaker 1>with their right.

719
00:52:13.719 --> 00:52:16.679
<v Speaker 2>Wing agenda education. Let me pay this again and some

720
00:52:16.840 --> 00:52:18.480
<v Speaker 2>more to love America.

721
00:52:18.559 --> 00:52:21.159
<v Speaker 3>Children will be taught to be patriots. Children will be

722
00:52:21.199 --> 00:52:27.199
<v Speaker 3>taught civic values for schools that want federal taxpayer funding.

723
00:52:27.559 --> 00:52:30.920
<v Speaker 1>So if you get federal taxpayer funding, which I thought

724
00:52:30.920 --> 00:52:33.199
<v Speaker 1>when they shut down the Department of Education they wouldn't

725
00:52:33.239 --> 00:52:35.079
<v Speaker 1>get anymore. But I guess they are going to get,

726
00:52:35.159 --> 00:52:40.719
<v Speaker 1>but only only if you now advocate for the ideas

727
00:52:41.360 --> 00:52:45.119
<v Speaker 1>that the federal government decides appropriate. Just like the left

728
00:52:45.199 --> 00:52:47.360
<v Speaker 1>did it, the right will do the same.

729
00:52:49.280 --> 00:52:51.639
<v Speaker 3>So as we close the Department of Education and we

730
00:52:51.679 --> 00:52:54.760
<v Speaker 3>provide funding to states, we are going to make sure

731
00:52:54.920 --> 00:52:58.239
<v Speaker 3>that these funds are not being used to promote communist ideology.

732
00:52:58.440 --> 00:53:00.719
<v Speaker 1>In other words, we're going to make sure that these

733
00:53:00.760 --> 00:53:06.360
<v Speaker 1>funds are used to promote oh fascist nationalist ideology.

734
00:53:06.960 --> 00:53:09.599
<v Speaker 3>For any nation to be successful, it cannot teach its

735
00:53:09.679 --> 00:53:12.679
<v Speaker 3>children to hate themselves and to hate their country.

736
00:53:13.320 --> 00:53:15.039
<v Speaker 1>So these are a few of the areas.

737
00:53:14.679 --> 00:53:18.480
<v Speaker 3>In which President Trump has fought the cancerous communist work

738
00:53:18.880 --> 00:53:21.880
<v Speaker 3>culture that was destroying this country. Where were led to

739
00:53:21.920 --> 00:53:25.800
<v Speaker 3>believe that men were women, that women were men, the

740
00:53:25.920 --> 00:53:29.679
<v Speaker 3>racial discrimination was good, the merit was bad, and that

741
00:53:29.800 --> 00:53:34.440
<v Speaker 3>safety and physical security matter less than the feelings of

742
00:53:34.559 --> 00:53:41.719
<v Speaker 3>liberal be taught to love America. Children will be taught.

743
00:53:42.159 --> 00:53:47.719
<v Speaker 1>You know, I find this stunning and scary. And children

744
00:53:47.760 --> 00:53:50.440
<v Speaker 1>will be taught to love America. Children would be taught.

745
00:53:51.079 --> 00:53:53.920
<v Speaker 1>You know. It's almost like a mantra. But this is

746
00:53:54.320 --> 00:53:57.320
<v Speaker 1>again federal. This is why the federal government should have

747
00:53:57.320 --> 00:54:00.639
<v Speaker 1>no involvement in education. It shouldn't give money to the states.

748
00:54:01.199 --> 00:54:03.559
<v Speaker 1>It should just not give money at all.

749
00:54:04.000 --> 00:54:05.599
<v Speaker 2>It should just shut itself down.

750
00:54:06.159 --> 00:54:08.559
<v Speaker 1>This is why closing the part of education was not

751
00:54:08.639 --> 00:54:11.519
<v Speaker 1>as big of a win as some of us might

752
00:54:11.559 --> 00:54:15.159
<v Speaker 1>have thought it was, because as long as the federal

753
00:54:15.199 --> 00:54:19.360
<v Speaker 1>government is still involved in education. When Stephen Miller is involved,

754
00:54:19.719 --> 00:54:24.760
<v Speaker 1>they will be learned to love America. When AOC is

755
00:54:25.159 --> 00:54:28.239
<v Speaker 1>in government, they will be taught to be good comrades

756
00:54:28.280 --> 00:54:32.280
<v Speaker 1>in the communist you know whatever. Right, The point is

757
00:54:32.320 --> 00:54:37.599
<v Speaker 1>that education needs to be separate from politics. How about

758
00:54:37.599 --> 00:54:40.800
<v Speaker 1>teaching education to think? How about teaching children to think

759
00:54:40.840 --> 00:54:47.360
<v Speaker 1>for themselves. How about teaching children the facts of history.

760
00:54:47.440 --> 00:54:52.159
<v Speaker 1>If the facts of interesting don't align with loving your country,

761
00:54:52.159 --> 00:54:55.280
<v Speaker 1>then maybe you shouldn't love your country. How about just

762
00:54:55.400 --> 00:55:01.920
<v Speaker 1>teaching children math and English writing skills and reading skills

763
00:55:02.880 --> 00:55:15.920
<v Speaker 1>and history and just reality. This is like right out

764
00:55:15.920 --> 00:55:20.880
<v Speaker 1>of I don't know, the authoritarian uh, the Theiritarian Playbook

765
00:55:20.920 --> 00:55:23.400
<v Speaker 1>of State, mandate, worship of the state.

766
00:55:25.360 --> 00:55:26.880
<v Speaker 2>You shall love America.

767
00:55:33.400 --> 00:55:36.719
<v Speaker 1>This is you know, the whole point of this is

768
00:55:37.360 --> 00:55:41.519
<v Speaker 1>to get students to be obedient, to be servants of

769
00:55:41.599 --> 00:55:47.960
<v Speaker 1>the state, to be quote patriotic. And you don't have

770
00:55:48.000 --> 00:55:52.000
<v Speaker 1>to teach reality, just like the left doesn't teach reality.

771
00:55:52.360 --> 00:55:55.639
<v Speaker 1>What you teach is that which will make them subservient

772
00:55:55.679 --> 00:55:59.639
<v Speaker 1>to the state. So the fact that we close the

773
00:55:59.639 --> 00:56:05.400
<v Speaker 1>department education, it's going to have very little impact on

774
00:56:05.440 --> 00:56:12.519
<v Speaker 1>the perverse perversion that is state involvement in education. Just

775
00:56:12.599 --> 00:56:18.559
<v Speaker 1>give you an example of this in Oklahoma, students are

776
00:56:18.559 --> 00:56:24.840
<v Speaker 1>going to be required to learn about how the election

777
00:56:25.079 --> 00:56:28.960
<v Speaker 1>was stolen from Trump in twenty twenty. See here's one

778
00:56:29.000 --> 00:56:31.320
<v Speaker 1>of the assignments they're going to have to do in

779
00:56:31.360 --> 00:56:37.960
<v Speaker 1>social studies, identified discrepancies in twenty twenty elections election results

780
00:56:38.480 --> 00:56:43.320
<v Speaker 1>by looking at graphs and other information, including the sudden

781
00:56:43.360 --> 00:56:48.280
<v Speaker 1>halting of ballot counting in select cities in key battleground states,

782
00:56:48.880 --> 00:56:53.960
<v Speaker 1>the security risk of mail in ballots, sudden batch dumps,

783
00:56:54.199 --> 00:56:59.519
<v Speaker 1>an unforeseen record number of voters, and the unprecedented contraction

784
00:57:00.159 --> 00:57:10.440
<v Speaker 1>a Bellwether county trends. So Oklahoma is in the social

785
00:57:10.440 --> 00:57:15.599
<v Speaker 1>sciences curriculum, going to require the brainwashing of its students,

786
00:57:16.079 --> 00:57:19.039
<v Speaker 1>or the indocrination of its students. That's a better word,

787
00:57:19.159 --> 00:57:23.559
<v Speaker 1>the indocrination of the students in the idea that Trump

788
00:57:23.719 --> 00:57:28.440
<v Speaker 1>lost the twenty twenty election. This is so essential to

789
00:57:28.599 --> 00:57:32.119
<v Speaker 1>the identity of Republicans now, it's so essential to the

790
00:57:32.159 --> 00:57:36.880
<v Speaker 1>identity of MAGA, so essential to the identity of Donald Trump,

791
00:57:37.679 --> 00:57:40.239
<v Speaker 1>that it is now going to enter the school curriculum.

792
00:57:40.280 --> 00:57:44.719
<v Speaker 1>Even though all of this is bs, it is completely debunked,

793
00:57:45.119 --> 00:57:49.519
<v Speaker 1>being debunked many many times. Lawsuits have been lost on

794
00:57:49.559 --> 00:57:54.119
<v Speaker 1>this basis. Imagine what would happen. Imagine what would happen

795
00:57:55.920 --> 00:58:04.320
<v Speaker 1>if students research this and they write a paper saying, actually,

796
00:58:04.360 --> 00:58:07.519
<v Speaker 1>all this stuff has been debunked. Nothing happened. I mean,

797
00:58:07.960 --> 00:58:16.840
<v Speaker 1>do you think they're going to get a good grade? Speechless?

798
00:58:18.960 --> 00:58:20.199
<v Speaker 1>Talk about speechless?

799
00:58:20.559 --> 00:58:23.320
<v Speaker 2>All right? This is under the category of.

800
00:58:25.480 --> 00:58:29.360
<v Speaker 1>No, I can't, I don't anyway, It's not in any

801
00:58:29.360 --> 00:58:32.719
<v Speaker 1>category other than this is your president. This is under

802
00:58:32.760 --> 00:58:37.239
<v Speaker 1>the category of this is your president, and it's going

803
00:58:37.320 --> 00:58:42.679
<v Speaker 1>to be, you know, in the president's words. So I'm

804
00:58:42.679 --> 00:58:45.199
<v Speaker 1>not gonna put any words in his mouth, and then

805
00:58:45.280 --> 00:58:49.880
<v Speaker 1>you decide about what you think of this president. I

806
00:58:49.880 --> 00:58:53.800
<v Speaker 1>will explain why I think this is so awful. But

807
00:58:55.719 --> 00:58:59.199
<v Speaker 1>this is the president. So the president did an interview

808
00:58:59.559 --> 00:59:03.119
<v Speaker 1>with Time magazine, an extensive interview with Time magazine. You

809
00:59:03.159 --> 00:59:06.320
<v Speaker 1>should watch this, you should read this. I'm going to

810
00:59:06.360 --> 00:59:12.760
<v Speaker 1>give you two examples from these interviews. The interview makes

811
00:59:13.000 --> 00:59:18.920
<v Speaker 1>clear that we've elected a man who.

812
00:59:18.760 --> 00:59:21.320
<v Speaker 2>Is ignorant.

813
00:59:21.840 --> 00:59:25.840
<v Speaker 1>And who is not smart to the White House. Now.

814
00:59:26.000 --> 00:59:28.079
<v Speaker 1>I think a lot of us knew this already, but

815
00:59:28.159 --> 00:59:32.800
<v Speaker 1>this interview is just so stark that it is really shocking.

816
00:59:33.440 --> 00:59:35.920
<v Speaker 1>And this is why everybody should should read the interview,

817
00:59:35.960 --> 00:59:38.599
<v Speaker 1>because watch the interview or read it if you can

818
00:59:38.639 --> 00:59:44.320
<v Speaker 1>find a transcript, because it is so luckily, the American

819
00:59:44.360 --> 00:59:47.800
<v Speaker 1>people are smarter than this guy, or not more knowledgeable

820
00:59:47.840 --> 00:59:51.840
<v Speaker 1>than this guy. It's just unbelievable. Here's an example. So

821
00:59:51.920 --> 00:59:54.039
<v Speaker 1>the interviewer says, so one hundred and forty five tavis

822
00:59:54.039 --> 00:59:57.920
<v Speaker 1>in China, and that is basically an embargo, which is true,

823
00:59:58.000 --> 01:00:02.639
<v Speaker 1>you know. Trump say, as that's good, they deserve it.

824
01:00:04.320 --> 01:00:07.960
<v Speaker 1>Interviewer says it'll raised prices on everything from electronics to

825
01:00:08.000 --> 01:00:12.400
<v Speaker 1>clothing to building its building homes houses. Trump says, you

826
01:00:12.440 --> 01:00:16.480
<v Speaker 1>don't know that. You don't know whether or not China

827
01:00:16.920 --> 01:00:17.480
<v Speaker 1>is going.

828
01:00:17.320 --> 01:00:17.840
<v Speaker 2>To eat it.

829
01:00:19.880 --> 01:00:23.079
<v Speaker 1>Now, notice a minute ago he admitted that it was

830
01:00:23.159 --> 01:00:27.360
<v Speaker 1>basically an embargo. If it's an embargo, China's not eating it.

831
01:00:27.760 --> 01:00:30.840
<v Speaker 1>The goods are just not arriving in America. So China

832
01:00:30.880 --> 01:00:33.119
<v Speaker 1>can't eat it if the goods are not arriving in America.

833
01:00:33.199 --> 01:00:37.679
<v Speaker 1>So that's the first contradiction. And then the interviewer says,

834
01:00:38.920 --> 01:00:42.320
<v Speaker 1>that's mathematics, and Trump.

835
01:00:42.159 --> 01:00:45.159
<v Speaker 2>Says, China probably would eat those taps.

836
01:00:46.639 --> 01:00:49.719
<v Speaker 1>Now we've done the math before, but I want to

837
01:00:49.800 --> 01:00:53.960
<v Speaker 1>emphasize the maths on the math on this, because I

838
01:00:54.000 --> 01:00:57.400
<v Speaker 1>want to show you the sheer impossibility of what Trump

839
01:00:57.480 --> 01:01:01.719
<v Speaker 1>is saying. Let's say, yeah, a good the China is

840
01:01:01.760 --> 01:01:04.480
<v Speaker 1>selling for one hundred dollars in the United States. One

841
01:01:04.559 --> 01:01:07.679
<v Speaker 1>hundred dollars, and let's say the profit margin on that.

842
01:01:07.800 --> 01:01:10.559
<v Speaker 1>Let's say the Chinese are really this is good. They've

843
01:01:10.599 --> 01:01:12.519
<v Speaker 1>got a they've cornered the market on, They've got a good,

844
01:01:12.559 --> 01:01:16.119
<v Speaker 1>healthy profit margin. Let's say the profit margin is thirty percent,

845
01:01:16.159 --> 01:01:18.760
<v Speaker 1>which is a very high profit margin on almost anything

846
01:01:18.760 --> 01:01:22.440
<v Speaker 1>you buy from China. So it costs him seventy dollars

847
01:01:22.480 --> 01:01:26.039
<v Speaker 1>to make and they're making thirty dollars and they're selling

848
01:01:26.079 --> 01:01:29.719
<v Speaker 1>it for one hundred dollars in the United States. Now,

849
01:01:29.800 --> 01:01:32.760
<v Speaker 1>let's say the tariff is one hundred and forty five percent,

850
01:01:32.960 --> 01:01:35.679
<v Speaker 1>which is the example we've done here. One hundred and

851
01:01:35.719 --> 01:01:39.440
<v Speaker 1>forty five percent makes makes it so that if the

852
01:01:39.480 --> 01:01:42.960
<v Speaker 1>tariff was born by an American, then the price of

853
01:01:43.000 --> 01:01:47.079
<v Speaker 1>the tariff, so that the tax paid by the importing

854
01:01:47.119 --> 01:01:50.880
<v Speaker 1>company is now one hundred and forty four five percent

855
01:01:50.880 --> 01:01:53.400
<v Speaker 1>of one hundred, which means one hundred and forty five dollars.

856
01:01:54.639 --> 01:01:56.360
<v Speaker 1>So when I import this good, I have to pay

857
01:01:56.360 --> 01:01:59.320
<v Speaker 1>the Chinese company one hundred dollars and then after pay

858
01:01:59.320 --> 01:02:02.719
<v Speaker 1>the US government hundred and forty five dollars. Now, what

859
01:02:02.760 --> 01:02:06.639
<v Speaker 1>would it mean for the Chinese company to eat the tariff?

860
01:02:08.000 --> 01:02:11.800
<v Speaker 1>It would mean that not only would they have to

861
01:02:11.840 --> 01:02:18.840
<v Speaker 1>be willing to give the product to the importer for

862
01:02:18.960 --> 01:02:21.760
<v Speaker 1>nothing basically right, so it's one hundred and forty five

863
01:02:21.760 --> 01:02:24.159
<v Speaker 1>percent taf So they would have to be willing to

864
01:02:24.199 --> 01:02:29.320
<v Speaker 1>reduce the price of the good so low that one

865
01:02:29.360 --> 01:02:32.400
<v Speaker 1>hundred and forty four tariff brought it up to one hundred.

866
01:02:33.239 --> 01:02:36.960
<v Speaker 1>So they would have to sell it for less than

867
01:02:36.960 --> 01:02:42.960
<v Speaker 1>forty bucks about forty bucks, So forty dollars one hundred

868
01:02:42.960 --> 01:02:45.960
<v Speaker 1>and forty five percent is about sixty bucks, and that

869
01:02:46.000 --> 01:02:48.159
<v Speaker 1>gets it back to one hundred dollars, so they would

870
01:02:48.159 --> 01:02:50.320
<v Speaker 1>have to That means they eat it all up right

871
01:02:51.280 --> 01:02:57.079
<v Speaker 1>at forty bucks? What is their profit? Mind, they're losing

872
01:02:57.400 --> 01:02:59.199
<v Speaker 1>thirty dollars on every item they sell.

873
01:03:02.320 --> 01:03:04.280
<v Speaker 2>How are the Chinese gonna eat.

874
01:03:06.199 --> 01:03:10.920
<v Speaker 1>Losing thirty dollars for every item they sell because they're

875
01:03:10.960 --> 01:03:17.239
<v Speaker 1>selling it at forty dollars. It's just a mathematical impossibility.

876
01:03:17.360 --> 01:03:21.119
<v Speaker 1>They would lose so much they'd be wiped out very quickly.

877
01:03:21.159 --> 01:03:23.480
<v Speaker 1>This is just one item, and I'm assuming thirty percent

878
01:03:23.480 --> 01:03:26.199
<v Speaker 1>profit margin, which is just not true. Most Chinese goods

879
01:03:26.360 --> 01:03:32.039
<v Speaker 1>have profit margins. What below ten percent? You just can't

880
01:03:32.039 --> 01:03:37.800
<v Speaker 1>do it. And again, this is not difficult mathematics. This

881
01:03:37.880 --> 01:03:41.920
<v Speaker 1>is not calculus. This is arithmetic. And we have a

882
01:03:41.960 --> 01:03:45.320
<v Speaker 1>president of the United States who can't do the arithmetic

883
01:03:46.000 --> 01:03:52.639
<v Speaker 1>and who's advisors are too afraid to tell him what

884
01:03:52.679 --> 01:03:59.400
<v Speaker 1>the arithmetic actually means because that's model of So that's

885
01:03:59.440 --> 01:04:04.280
<v Speaker 1>one example of this interview, of of of what he

886
01:04:04.320 --> 01:04:07.000
<v Speaker 1>said in interview. The other one was, you know, he's

887
01:04:07.039 --> 01:04:09.440
<v Speaker 1>got a copy of the Declaration of the Dependence hanging

888
01:04:09.719 --> 01:04:17.079
<v Speaker 1>in his office, and the interviewer asks him about the

889
01:04:17.079 --> 01:04:21.400
<v Speaker 1>Declaration of Independence, about about what it is and what

890
01:04:21.440 --> 01:04:23.960
<v Speaker 1>it what it you know, what it represents.

891
01:04:23.679 --> 01:04:28.199
<v Speaker 2>Right, And.

892
01:04:32.280 --> 01:04:33.960
<v Speaker 1>I mean, you got to watch the video of this

893
01:04:34.000 --> 01:04:41.480
<v Speaker 1>because you've got to see the interviewer's facial response to

894
01:04:41.480 --> 01:04:48.360
<v Speaker 1>to what Trump says. I this is Donald Try, I mean,

895
01:04:48.360 --> 01:04:51.159
<v Speaker 1>this is this is him, right, I'm not making this up.

896
01:04:51.199 --> 01:04:56.320
<v Speaker 1>I'm being objective. Yeah, I could not highlight this, but

897
01:04:56.400 --> 01:04:58.119
<v Speaker 1>this is the President of the United States, and this

898
01:04:58.239 --> 01:05:02.960
<v Speaker 1>is this is a major interview he did with Time

899
01:05:02.960 --> 01:05:05.320
<v Speaker 1>magazine and it's all over the web right here it is.

900
01:05:06.239 --> 01:05:09.320
<v Speaker 1>So he's asked about what it means, what this is,

901
01:05:09.559 --> 01:05:11.800
<v Speaker 1>and so this is what he says, quote, well, it

902
01:05:11.880 --> 01:05:18.360
<v Speaker 1>means exactly what it says. It's a declaration, a declaration

903
01:05:18.480 --> 01:05:23.440
<v Speaker 1>of unity and love and respect, and it means a lot,

904
01:05:24.480 --> 01:05:32.159
<v Speaker 1>and it's something very special to our country. The Declaration

905
01:05:32.199 --> 01:05:36.039
<v Speaker 1>of Independence the most important political document in all of

906
01:05:36.119 --> 01:05:43.360
<v Speaker 1>human history. The Declaration of Dean is the clearest articulation

907
01:05:45.559 --> 01:05:51.000
<v Speaker 1>of the declaration of the rights of man. The man

908
01:05:51.079 --> 01:05:58.440
<v Speaker 1>has rights. It's a declaration of unity. What unity around?

909
01:05:58.519 --> 01:06:05.360
<v Speaker 1>What of love? Love? Is love mentioned in the Declaration

910
01:06:05.400 --> 01:06:07.199
<v Speaker 1>of Independence. I don't remember the word love in the

911
01:06:07.199 --> 01:06:12.800
<v Speaker 1>Decreation of Independence. I'm sure I don't remember unity, but

912
01:06:13.000 --> 01:06:19.079
<v Speaker 1>certainly no love and respect, respect from whom it's a

913
01:06:19.159 --> 01:06:27.079
<v Speaker 1>declaration independence. It's a massive, disrespectful document, disrespecting the authoritarian

914
01:06:27.159 --> 01:06:33.440
<v Speaker 1>king in America. You gotta what and then you watch

915
01:06:33.480 --> 01:06:35.199
<v Speaker 1>it in the interview is like looking at him like

916
01:06:36.440 --> 01:06:40.159
<v Speaker 1>are you crazy? Are you insane? Are you the president

917
01:06:40.199 --> 01:06:42.079
<v Speaker 1>of the United States? And you don't know what this

918
01:06:42.159 --> 01:06:47.480
<v Speaker 1>document is about? Who are you?

919
01:06:47.559 --> 01:06:49.239
<v Speaker 2>Well, it means exactly what it says.

920
01:06:49.320 --> 01:06:52.760
<v Speaker 1>It's a declaration, a declaration of unity and love and respect,

921
01:06:52.960 --> 01:06:55.440
<v Speaker 1>and it means a lot, and it's something very special

922
01:06:55.440 --> 01:06:57.639
<v Speaker 1>to our country, the.

923
01:06:57.599 --> 01:06:58.880
<v Speaker 2>President of the United States.

924
01:06:59.039 --> 01:07:06.920
<v Speaker 1>Ladies and gentlemen, you know, I think it's important for

925
01:07:07.000 --> 01:07:13.639
<v Speaker 1>all of us to have an objective understanding, an objective

926
01:07:13.719 --> 01:07:18.639
<v Speaker 1>understanding of who we are actually dealing with. And that's

927
01:07:18.639 --> 01:07:23.360
<v Speaker 1>who we're dealing with. All right, thank you. That is

928
01:07:23.400 --> 01:07:28.239
<v Speaker 1>the news for Friday. May second. Uh, let's jump into

929
01:07:29.079 --> 01:07:32.480
<v Speaker 1>our questions, our super check questions. We are way behind it.

930
01:07:32.480 --> 01:07:34.599
<v Speaker 1>I don't know what's gotten into you, guys. You think

931
01:07:34.639 --> 01:07:38.239
<v Speaker 1>a new month has started and you can anyway. We're

932
01:07:38.320 --> 01:07:41.039
<v Speaker 1>sort of targets, so I'd appreciate it would be great

933
01:07:41.119 --> 01:07:43.719
<v Speaker 1>if if some of you jumped in with some stickers

934
01:07:43.760 --> 01:07:46.599
<v Speaker 1>and and and questions.

935
01:07:46.960 --> 01:07:49.840
<v Speaker 2>We've got we've got some time for questions. We've got

936
01:07:49.840 --> 01:07:50.400
<v Speaker 2>some stickers.

937
01:07:50.400 --> 01:07:57.800
<v Speaker 1>Mary Elaine, Robert, Bonnie Allen, anonymous user, Jeremy Steven and

938
01:07:57.960 --> 01:08:05.360
<v Speaker 1>I saw there was there was one, Fedd Harpa and Benjamin.

939
01:08:05.400 --> 01:08:07.719
<v Speaker 1>Thank you all for the stickers. Really really appreciate it,

940
01:08:09.079 --> 01:08:13.360
<v Speaker 1>so please please consider doing more stickers. Got a lot

941
01:08:13.360 --> 01:08:15.880
<v Speaker 1>of people watching. This is the way you support the show.

942
01:08:15.920 --> 01:08:18.640
<v Speaker 1>Which is only made possible through contributions from people like you.

943
01:08:19.079 --> 01:08:20.239
<v Speaker 2>Listeners like you.

944
01:08:21.720 --> 01:08:24.640
<v Speaker 1>I want to remind you that a great way to

945
01:08:24.680 --> 01:08:27.159
<v Speaker 1>support the show is through Patreon. You can become a

946
01:08:27.159 --> 01:08:31.479
<v Speaker 1>monthly supporter. Not worry about it. Most of you are

947
01:08:31.520 --> 01:08:34.960
<v Speaker 1>listening to the show and watching the show are not live,

948
01:08:36.399 --> 01:08:38.479
<v Speaker 1>so some of you can do it on YouTube. You

949
01:08:38.520 --> 01:08:42.439
<v Speaker 1>can still applaud and support the show that way. But

950
01:08:42.760 --> 01:08:44.239
<v Speaker 1>the rest of you, the best way to do it

951
01:08:44.279 --> 01:08:47.880
<v Speaker 1>is just go to Patreon, sign up, make a monthly contribution.

952
01:08:48.039 --> 01:08:50.079
<v Speaker 1>Anything but two dollars to five hundred dollars or one

953
01:08:50.079 --> 01:08:51.800
<v Speaker 1>thousand dollars. I think there's an option for a thousand

954
01:08:51.840 --> 01:08:54.399
<v Speaker 1>dollars a month, and that's it, and then you don't

955
01:08:54.399 --> 01:08:56.560
<v Speaker 1>have to think about it again. And we are trading.

956
01:08:56.680 --> 01:08:59.199
<v Speaker 1>You are providing me with a value. I'm proviting you

957
01:08:59.239 --> 01:09:01.560
<v Speaker 1>with a value. Obviously you're listening. That means it's a

958
01:09:01.600 --> 01:09:06.880
<v Speaker 1>value to you. So please support the show so we

959
01:09:06.920 --> 01:09:11.199
<v Speaker 1>can keep it going. Michael says, I don't think Reagan

960
01:09:11.319 --> 01:09:14.119
<v Speaker 1>was successful because he brought the Maral majority.

961
01:09:14.760 --> 01:09:16.760
<v Speaker 2>He was popular because.

962
01:09:18.800 --> 01:09:22.960
<v Speaker 1>Of his more liberty oriented and optimistic policies. Ran may

963
01:09:22.960 --> 01:09:25.359
<v Speaker 1>have viewed him differently if she lived long enough to

964
01:09:25.359 --> 01:09:32.399
<v Speaker 1>see his entire term. He became popular because of that,

965
01:09:32.640 --> 01:09:35.840
<v Speaker 1>but he won. He didn't win by a big margin

966
01:09:35.920 --> 01:09:39.159
<v Speaker 1>the first time. He won because the country was rejecting

967
01:09:40.720 --> 01:09:46.159
<v Speaker 1>Jimmy Carter was a very unpopular president, and because the evangelicals.

968
01:09:45.479 --> 01:09:46.119
<v Speaker 2>Voted for him.

969
01:09:46.119 --> 01:09:49.039
<v Speaker 1>He would not have won without the evangelical vote and

970
01:09:49.159 --> 01:09:53.279
<v Speaker 1>evangelical vote that had voted for Jimmy Carter the previous

971
01:09:53.319 --> 01:09:56.640
<v Speaker 1>election in nineteen seventy six. Jimmy Carter won because he

972
01:09:56.680 --> 01:10:01.079
<v Speaker 1>got the evangelicals. They all shifted to and came into

973
01:10:01.119 --> 01:10:04.199
<v Speaker 1>the Republican Party and became part of the Republican Party

974
01:10:04.600 --> 01:10:07.520
<v Speaker 1>with the nineteen eighty election. Now, by the time you

975
01:10:07.520 --> 01:10:11.319
<v Speaker 1>get to nineteen eighty four, Reagan is unbelievably popular, and

976
01:10:11.399 --> 01:10:13.880
<v Speaker 1>he wins in a landslide, a true landslide, not a

977
01:10:14.920 --> 01:10:16.079
<v Speaker 1>pseudo landslide like.

978
01:10:17.800 --> 01:10:19.239
<v Speaker 2>Donald Trump's victory.

979
01:10:20.640 --> 01:10:24.680
<v Speaker 1>And that is because the economy is doing really well,

980
01:10:25.399 --> 01:10:28.239
<v Speaker 1>and he does change the vibe in America.

981
01:10:28.399 --> 01:10:31.000
<v Speaker 2>He changed it to a more.

982
01:10:30.800 --> 01:10:34.960
<v Speaker 1>Optimistic, positive orientation, so he benefits from.

983
01:10:36.319 --> 01:10:37.800
<v Speaker 2>And a thriving economy.

984
01:10:37.880 --> 01:10:42.079
<v Speaker 1>A lot of that is more caused by people like

985
01:10:42.119 --> 01:10:47.239
<v Speaker 1>Paul Voca, and actually the deregulation under Jimmy Carter, and

986
01:10:47.920 --> 01:10:51.800
<v Speaker 1>the kind of the financial activity going on Wall Street,

987
01:10:51.840 --> 01:10:55.960
<v Speaker 1>which is generating a structuring of American business, leads to

988
01:10:56.520 --> 01:11:01.479
<v Speaker 1>a thriving economy. So he's benefited from thriving economy. He's

989
01:11:01.520 --> 01:11:06.119
<v Speaker 1>lower taxes, Inflation is coming down because of Voca, interest

990
01:11:06.199 --> 01:11:10.560
<v Speaker 1>rates are coming down, and he rings an optimistic note

991
01:11:11.000 --> 01:11:16.079
<v Speaker 1>that resonates with Americans, and he wins. So Ironran didn't

992
01:11:16.119 --> 01:11:19.359
<v Speaker 1>say that he won because he brought the Ma majordy

993
01:11:19.359 --> 01:11:23.840
<v Speaker 1>into the Republican Party. Ironran said she would never vote

994
01:11:23.840 --> 01:11:27.439
<v Speaker 1>for him and that she thinks he was a failed

995
01:11:28.199 --> 01:11:32.720
<v Speaker 1>president if you think about the long term, because he

996
01:11:32.800 --> 01:11:35.199
<v Speaker 1>brought the majority into the Republican Party.

997
01:11:35.279 --> 01:11:36.840
<v Speaker 2>And she was absolutely right.

998
01:11:37.199 --> 01:11:40.159
<v Speaker 1>He did bring them into Mam Majarady into the Republican Party,

999
01:11:40.520 --> 01:11:43.439
<v Speaker 1>even if they weren't the only cause of his victory,

1000
01:11:44.159 --> 01:11:47.000
<v Speaker 1>and he did ruin the Republican Party forever. We're seeing

1001
01:11:47.000 --> 01:11:51.560
<v Speaker 1>the consequence of that with Donald Trump. It's because the evangelicals,

1002
01:11:52.000 --> 01:11:58.279
<v Speaker 1>the emotionalist religionists associated with the Republican Party that we

1003
01:11:58.359 --> 01:12:02.720
<v Speaker 1>have Trump's party. That is Trump's party, it's it is

1004
01:12:02.840 --> 01:12:07.479
<v Speaker 1>Ronald Reagan's party. It's what the mam majority is morphed into.

1005
01:12:12.079 --> 01:12:16.119
<v Speaker 1>Andrew Rand was asked what we could do so that

1006
01:12:16.159 --> 01:12:19.560
<v Speaker 1>our children are not ashamed of success. She said, in part,

1007
01:12:20.159 --> 01:12:22.760
<v Speaker 1>do not teach him to be humble. Do you think

1008
01:12:22.800 --> 01:12:26.920
<v Speaker 1>there's a cultural repression on pride that leads the blatant

1009
01:12:26.920 --> 01:12:30.600
<v Speaker 1>baggers like Trump. Yes, I mean it's the same. It's

1010
01:12:30.640 --> 01:12:39.640
<v Speaker 1>it's my point about how altruism leads to nihilism and pragmatism.

1011
01:12:40.239 --> 01:12:43.199
<v Speaker 1>Nobody wants to be an altruist, and there's a certain

1012
01:12:43.239 --> 01:12:49.760
<v Speaker 1>element in which we reject pride in the context of

1013
01:12:49.800 --> 01:12:53.119
<v Speaker 1>religion and in the context of altruism, and people rebel

1014
01:12:53.199 --> 01:12:55.479
<v Speaker 1>against that when they were belt against altruism, and they

1015
01:12:55.479 --> 01:12:58.920
<v Speaker 1>rebel against the religion. But they don't adopt as an

1016
01:12:58.920 --> 01:13:03.560
<v Speaker 1>alternative rational egoism. They don't adopt as an alternative the

1017
01:13:03.640 --> 01:13:08.359
<v Speaker 1>proper virtue of pride. What they adopt in you know,

1018
01:13:08.479 --> 01:13:11.000
<v Speaker 1>in opposed to it to stick it in people's faces,

1019
01:13:11.479 --> 01:13:15.119
<v Speaker 1>is a form of hedonism, a form of pragmatism, a

1020
01:13:15.199 --> 01:13:19.319
<v Speaker 1>form of of of uh, you know, psychologically, a form

1021
01:13:19.359 --> 01:13:25.119
<v Speaker 1>of narcissism which embraces being a braggard, embraces you know,

1022
01:13:25.279 --> 01:13:28.960
<v Speaker 1>the Trump kind of behavior, and that is a direct

1023
01:13:29.039 --> 01:13:33.239
<v Speaker 1>consequence of this rejection and not having an alternative, but

1024
01:13:33.279 --> 01:13:35.720
<v Speaker 1>also not being not looking for an alternative, that is

1025
01:13:36.239 --> 01:13:42.840
<v Speaker 1>being orient it towards emotionalism, being orient it towards uh,

1026
01:13:43.159 --> 01:13:48.560
<v Speaker 1>the the narcissism of But I think a culture that

1027
01:13:48.680 --> 01:13:54.720
<v Speaker 1>isn't that is altruistic but it's still semi free, is

1028
01:13:54.760 --> 01:13:58.000
<v Speaker 1>gonna The people who rebel against the altruism are going

1029
01:13:58.079 --> 01:14:00.000
<v Speaker 1>to land up. Many of them are going to land

1030
01:14:00.159 --> 01:14:07.520
<v Speaker 1>up as narcissists or pragmatists.

1031
01:14:06.199 --> 01:14:06.720
<v Speaker 2>Chasbod.

1032
01:14:06.800 --> 01:14:11.079
<v Speaker 1>I have a theory that Trump is actually Guilderoy Lockhart,

1033
01:14:11.680 --> 01:14:15.439
<v Speaker 1>the incompetent wizard who managed to convince everyone that he

1034
01:14:15.600 --> 01:14:20.159
<v Speaker 1>was a hero. I don't know who Guilleroy Lockhart was,

1035
01:14:20.279 --> 01:14:25.159
<v Speaker 1>but I find out how to believe that Trump is

1036
01:14:25.199 --> 01:14:28.800
<v Speaker 1>a wizard, even an incompetent one that seems way too

1037
01:14:30.520 --> 01:14:33.760
<v Speaker 1>attributing to him abilities that I don't.

1038
01:14:33.560 --> 01:14:37.239
<v Speaker 2>Think he has.

1039
01:14:39.920 --> 01:14:46.279
<v Speaker 1>Michael is the right to unintellectual to embrace objectivism. I've

1040
01:14:46.479 --> 01:14:49.680
<v Speaker 1>interacted with a few Maga rallies. These people are real

1041
01:14:49.760 --> 01:14:53.960
<v Speaker 1>knuckle draggers. Yeah, I think that's right, Or to put

1042
01:14:54.000 --> 01:14:58.560
<v Speaker 1>another way, they have been so corrupted epistemologically by religion,

1043
01:14:59.199 --> 01:15:02.439
<v Speaker 1>and by the cult behavior and by their worship of

1044
01:15:02.600 --> 01:15:07.119
<v Speaker 1>Trump that they are beyond hope. They are not who

1045
01:15:07.640 --> 01:15:11.600
<v Speaker 1>we should be looking for to find recruits. In that sense,

1046
01:15:11.640 --> 01:15:13.600
<v Speaker 1>I think the left has always been a better hunting

1047
01:15:13.600 --> 01:15:18.800
<v Speaker 1>ground all old style of Republicans. The more intellectual conservatives

1048
01:15:19.279 --> 01:15:22.840
<v Speaker 1>are better place to find converts to objectivism.

1049
01:15:23.279 --> 01:15:25.760
<v Speaker 2>I do not think Mega is a is.

1050
01:15:25.680 --> 01:15:28.840
<v Speaker 1>A complete and utter waste of time.

1051
01:15:28.880 --> 01:15:29.119
<v Speaker 3>It is.

1052
01:15:30.880 --> 01:15:36.920
<v Speaker 1>An anti reason political movement, an anti mind political movement.

1053
01:15:38.439 --> 01:15:42.800
<v Speaker 1>Leam Weiss Trump fast with the tariffs and slow with deregulation.

1054
01:15:43.239 --> 01:15:46.399
<v Speaker 1>Can't he claim some emergency power to deregulate certain industries.

1055
01:15:47.000 --> 01:15:47.800
<v Speaker 2>I'm sure he can.

1056
01:15:48.079 --> 01:15:52.760
<v Speaker 1>But deregulation is boring, it's boring, uninteresting, and there are

1057
01:15:52.760 --> 01:15:54.840
<v Speaker 1>a lot of people, and I'm sure a lot of

1058
01:15:54.880 --> 01:15:58.800
<v Speaker 1>people surrounding him don't want him to regulate because regulation

1059
01:15:58.920 --> 01:16:02.119
<v Speaker 1>is a power and when you do you regulate, you

1060
01:16:02.199 --> 01:16:05.239
<v Speaker 1>lose power. So there's a lot of people who want

1061
01:16:05.279 --> 01:16:09.600
<v Speaker 1>to use regulations. I mean, this is again Jdvans. JD

1062
01:16:09.760 --> 01:16:13.439
<v Speaker 1>Vance is inspired by people like Patrick Denin who think

1063
01:16:13.520 --> 01:16:17.279
<v Speaker 1>that regulations are good, they just need to be used

1064
01:16:18.239 --> 01:16:22.680
<v Speaker 1>to inculcate right wing ideas. It's the same as we

1065
01:16:22.800 --> 01:16:26.159
<v Speaker 1>don't need to dismantle the Department of Education because we

1066
01:16:26.279 --> 01:16:29.960
<v Speaker 1>want the Department education so we can inculcate students with

1067
01:16:30.079 --> 01:16:35.199
<v Speaker 1>our ideas. Now they're disbanding the Department of Education and

1068
01:16:35.520 --> 01:16:38.600
<v Speaker 1>inculcating their ideas, so they found a way to do both.

1069
01:16:38.960 --> 01:16:44.079
<v Speaker 1>But that's why tariffs are easier. And look, let me

1070
01:16:44.359 --> 01:16:48.119
<v Speaker 1>another way to say it. Trump is passionate about tariffs.

1071
01:16:48.439 --> 01:16:52.079
<v Speaker 1>TEFs are just not one other policy issues. This is

1072
01:16:53.199 --> 01:16:56.720
<v Speaker 1>the one thing that Trump is believed in and advocated

1073
01:16:56.800 --> 01:17:00.840
<v Speaker 1>for since the nineteen eighties. This is something he actually

1074
01:17:00.880 --> 01:17:05.880
<v Speaker 1>believes in. Deregulation he doesn't really believe in. It's just

1075
01:17:05.920 --> 01:17:12.680
<v Speaker 1>a yeah, that would be nice, not you have your joagorithm.

1076
01:17:13.079 --> 01:17:15.840
<v Speaker 1>Isn't it infuriating that in a few hundred years the

1077
01:17:15.880 --> 01:17:17.960
<v Speaker 1>world will be perfect and none of us will be

1078
01:17:18.000 --> 01:17:20.479
<v Speaker 1>able to see it. You can't think that way. You

1079
01:17:20.880 --> 01:17:23.680
<v Speaker 1>can only think about what is in your life, what

1080
01:17:23.800 --> 01:17:28.560
<v Speaker 1>is possible for you. You don't know in a few

1081
01:17:28.640 --> 01:17:33.039
<v Speaker 1>hundred years the world might have disappeared nuclearmageddon and will

1082
01:17:33.079 --> 01:17:36.479
<v Speaker 1>be dead. It's irrelevant. All you have is your life.

1083
01:17:37.039 --> 01:17:39.279
<v Speaker 1>All you can do is focus and focus on making

1084
01:17:39.319 --> 01:17:43.920
<v Speaker 1>it the best stop worrying about what happens. There's no

1085
01:17:43.920 --> 01:17:49.199
<v Speaker 1>point in even considering it. Michael, will we lay be

1086
01:17:49.279 --> 01:17:51.920
<v Speaker 1>able to abolish the Central Bank of Argentina or will

1087
01:17:52.079 --> 01:17:55.159
<v Speaker 1>other world powers not let him? Could relate to an

1088
01:17:55.239 --> 01:17:59.000
<v Speaker 1>Argentina into first world economy, you know, I don't know.

1089
01:18:02.800 --> 01:18:04.840
<v Speaker 1>It's going to be hard to abolish the central Bank

1090
01:18:04.880 --> 01:18:07.319
<v Speaker 1>of Argentina, but other countries in Latin America have done it.

1091
01:18:08.199 --> 01:18:12.720
<v Speaker 1>Ecuador has basically no central bank. The economy is a

1092
01:18:12.800 --> 01:18:17.079
<v Speaker 1>dollar economy. Panama's economy is a dollar economy. El Salvado

1093
01:18:17.479 --> 01:18:20.279
<v Speaker 1>has no central bank. They have a dollar economy. So

1094
01:18:20.359 --> 01:18:26.560
<v Speaker 1>it's it's certainly possible, And the question is does he

1095
01:18:26.680 --> 01:18:31.039
<v Speaker 1>want it? Are his allies on board with it, because

1096
01:18:31.079 --> 01:18:33.640
<v Speaker 1>a lot of his allies are kind of nationalistic conservatives

1097
01:18:33.800 --> 01:18:38.000
<v Speaker 1>who want an Argentinian currency. It's part of the nationalism

1098
01:18:38.000 --> 01:18:42.159
<v Speaker 1>to have their own currency and not use those dollars

1099
01:18:42.159 --> 01:18:46.319
<v Speaker 1>from another country. I don't think the world powers will

1100
01:18:46.359 --> 01:18:50.319
<v Speaker 1>get in the way. Maybe the IMF, but I don't

1101
01:18:50.359 --> 01:18:52.520
<v Speaker 1>think if they dollarize, I don't think the IMF would

1102
01:18:52.520 --> 01:18:53.279
<v Speaker 1>get in the way.

1103
01:18:53.119 --> 01:18:55.399
<v Speaker 2>They didn't in other cases.

1104
01:18:56.039 --> 01:18:58.920
<v Speaker 1>Could relate turn Argentina into first world economy. Certainly he

1105
01:18:58.960 --> 01:19:03.039
<v Speaker 1>could if he allowed to do it, If the Argentinian

1106
01:19:03.119 --> 01:19:05.560
<v Speaker 1>people back him up, they elect the right people to

1107
01:19:05.600 --> 01:19:09.199
<v Speaker 1>Parliament in the elections coming up in the fall, then yeah,

1108
01:19:09.239 --> 01:19:13.319
<v Speaker 1>he could definitely turn the economy into first world He

1109
01:19:13.399 --> 01:19:16.159
<v Speaker 1>certainly has the plan to do it, the ability to

1110
01:19:16.199 --> 01:19:17.840
<v Speaker 1>do it, and then the question is does he have

1111
01:19:17.840 --> 01:19:25.600
<v Speaker 1>the political support to do it not? You have a algorithm.

1112
01:19:25.720 --> 01:19:30.199
<v Speaker 1>Narcissism and selfishness are going to be conflated in the

1113
01:19:30.279 --> 01:19:32.039
<v Speaker 1>next fifty years, at least.

1114
01:19:34.279 --> 01:19:36.479
<v Speaker 2>Least at least it's slowing the movement down.

1115
01:19:36.960 --> 01:19:42.239
<v Speaker 1>I think yeah. I mean, look, narcissism, pragmatism, hedonism, even

1116
01:19:42.319 --> 01:19:44.039
<v Speaker 1>nihilism have often been.

1117
01:19:45.760 --> 01:19:47.159
<v Speaker 2>Conflated with selfishness.

1118
01:19:48.000 --> 01:19:53.000
<v Speaker 1>The altruists have every incentive to take every negative characteristic

1119
01:19:53.079 --> 01:19:56.239
<v Speaker 1>out there that appears somehow to be in somebody's self

1120
01:19:56.239 --> 01:20:00.680
<v Speaker 1>interest and conflated with selfishness. It's always been odd, it

1121
01:20:00.720 --> 01:20:04.760
<v Speaker 1>will continue to be hard. There's nothing new here. It's

1122
01:20:04.800 --> 01:20:12.359
<v Speaker 1>just a I think narcissism is always been viewed as selfish.

1123
01:20:13.239 --> 01:20:22.720
<v Speaker 1>Kiki ban BYU cause because a possible kill switch, or maybe.

1124
01:20:24.239 --> 01:20:25.880
<v Speaker 2>Leave that to customers to decide.

1125
01:20:27.479 --> 01:20:30.119
<v Speaker 1>Maybe have inspectors inspect the cause and make sure there

1126
01:20:30.159 --> 01:20:31.319
<v Speaker 1>isn't a kill spitch.

1127
01:20:32.159 --> 01:20:34.239
<v Speaker 2>B y D you mean not b y U b

1128
01:20:34.399 --> 01:20:36.479
<v Speaker 2>y D. I don't know.

1129
01:20:36.640 --> 01:20:41.399
<v Speaker 1>I you know, I wouldn't ban cause I would let

1130
01:20:41.600 --> 01:20:43.640
<v Speaker 1>consumers decide whether they want to buy the call or not,

1131
01:20:44.159 --> 01:20:46.640
<v Speaker 1>maybe encourage them not to buy them. But I don't

1132
01:20:46.640 --> 01:20:49.920
<v Speaker 1>think the state should get involved and make decisions for

1133
01:20:50.000 --> 01:20:52.479
<v Speaker 1>you what you call not I don't think BYD cause

1134
01:20:52.520 --> 01:20:56.880
<v Speaker 1>a national security threat, but maybe we need inspection and

1135
01:20:56.960 --> 01:21:01.199
<v Speaker 1>to make sure that they don't they don't have a

1136
01:21:01.239 --> 01:21:04.399
<v Speaker 1>kill switch, and maybe that they're you know, they're not

1137
01:21:04.479 --> 01:21:07.600
<v Speaker 1>listening into conversations that are happening inside the car. It

1138
01:21:07.800 --> 01:21:10.560
<v Speaker 1>not that I care what the Chinese know about my

1139
01:21:10.600 --> 01:21:15.800
<v Speaker 1>conversations when I drive a car. But yeah, the more

1140
01:21:15.840 --> 01:21:19.720
<v Speaker 1>power we give the government to decide which products are

1141
01:21:19.720 --> 01:21:23.359
<v Speaker 1>okay for us to use and which are not, the

1142
01:21:23.479 --> 01:21:28.079
<v Speaker 1>less freedom we have. Dan Nolton my first super Chat

1143
01:21:28.239 --> 01:21:32.279
<v Speaker 1>just to test thanks to the shows, yeh, Superchat is

1144
01:21:32.319 --> 01:21:35.760
<v Speaker 1>working matters. I'm officially being a member for one year.

1145
01:21:35.880 --> 01:21:37.720
<v Speaker 1>Thank you for all you've taught me in the last

1146
01:21:37.760 --> 01:21:40.520
<v Speaker 1>twelve months. Any plans to come back to SOO forth

1147
01:21:40.720 --> 01:21:47.279
<v Speaker 1>soon haven't been invited, So talk to talk to what's

1148
01:21:47.319 --> 01:21:55.920
<v Speaker 1>his name, Regene about inviting me back? Gene Epstein. Mary

1149
01:21:55.920 --> 01:22:00.319
<v Speaker 1>Aline says, AOC is thirty five, so I guess she's

1150
01:22:00.359 --> 01:22:05.399
<v Speaker 1>old enough. All right, AOC is going to run for president.

1151
01:22:05.399 --> 01:22:08.720
<v Speaker 1>It'll be fun as a trek economy. Hey, Ron, would

1152
01:22:08.760 --> 01:22:12.560
<v Speaker 1>you ever move to a private charter city if they

1153
01:22:12.640 --> 01:22:16.319
<v Speaker 1>become common? Does the US need more new cities? We

1154
01:22:16.359 --> 01:22:18.760
<v Speaker 1>have a lot of land to use, Yeah, we absolutely.

1155
01:22:18.840 --> 01:22:22.000
<v Speaker 1>We need no more immigrants. We need more people. We

1156
01:22:22.039 --> 01:22:27.399
<v Speaker 1>need more cities. We need more population, more production, more creation,

1157
01:22:27.560 --> 01:22:30.640
<v Speaker 1>more building, more, Yeah, all of that stuff. Would I

1158
01:22:30.680 --> 01:22:34.680
<v Speaker 1>move to charter city? Maybe under the right circumstances. I'm

1159
01:22:34.680 --> 01:22:37.720
<v Speaker 1>skeptical because I think that the government's granting them the

1160
01:22:37.840 --> 01:22:42.279
<v Speaker 1>charter will ultimately take it away. They'll ultimately step in

1161
01:22:42.720 --> 01:22:46.479
<v Speaker 1>and take the charter away. All right, guys, we only have,

1162
01:22:47.479 --> 01:22:51.720
<v Speaker 1>you know, about ten minutes. We're sixty dollars short of

1163
01:22:51.760 --> 01:22:55.680
<v Speaker 1>our one hour goal, and we're going on two hours

1164
01:22:56.119 --> 01:22:59.159
<v Speaker 1>or an hour and a half. So yeah, please consider

1165
01:22:59.199 --> 01:23:05.199
<v Speaker 1>supporting the show. Stickers of large denominated stickers would be great.

1166
01:23:05.279 --> 01:23:08.319
<v Speaker 1>Large denominated questions would be great, or just stickers of

1167
01:23:08.359 --> 01:23:10.880
<v Speaker 1>any denomination would be amazing as well.

1168
01:23:11.000 --> 01:23:11.720
<v Speaker 2>Harper Campbell.

1169
01:23:12.439 --> 01:23:15.560
<v Speaker 1>Let's be honest, we're collapsing into Nazi Germany and there's

1170
01:23:15.560 --> 01:23:17.520
<v Speaker 1>nothing we could do about to stop it. I don't

1171
01:23:17.520 --> 01:23:19.079
<v Speaker 1>think any of that is true. I don't think we're

1172
01:23:19.119 --> 01:23:22.800
<v Speaker 1>collapsing into Nazi Germany. We're not rounding people up. And

1173
01:23:24.000 --> 01:23:27.520
<v Speaker 1>you know, Trump is not Hitler, He's not ideological enough.

1174
01:23:27.560 --> 01:23:30.079
<v Speaker 1>And if he was ideological, then making people would have

1175
01:23:30.159 --> 01:23:34.520
<v Speaker 1>never voted for him. We are not not not in

1176
01:23:34.720 --> 01:23:38.479
<v Speaker 1>Nazi Germany. We're not heading to Nazi Germany. Relax, calm down.

1177
01:23:38.920 --> 01:23:47.600
<v Speaker 1>Stuff is bad enough without blowing it out of proportion. Adam,

1178
01:23:49.159 --> 01:23:53.520
<v Speaker 1>it's all a variation of the same argument. Less tariffs,

1179
01:23:53.920 --> 01:23:58.600
<v Speaker 1>more supply of goods, more choice, lower prices, more houses,

1180
01:23:58.800 --> 01:24:00.800
<v Speaker 1>more choice, lower prices.

1181
01:24:00.880 --> 01:24:03.640
<v Speaker 2>And and note that you know.

1182
01:24:03.880 --> 01:24:09.000
<v Speaker 1>Taisa just taxes, so lower taxes, more supply of goods,

1183
01:24:09.760 --> 01:24:16.439
<v Speaker 1>more choices, more freedom, uh, more pursuit of happiness, more

1184
01:24:17.000 --> 01:24:21.039
<v Speaker 1>respect for the individual's life, and lower prices. Of course,

1185
01:24:23.479 --> 01:24:26.520
<v Speaker 1>so yes, yes, yes, absolutely no, but it's all the

1186
01:24:26.520 --> 01:24:32.079
<v Speaker 1>same theme. You're absolutely right, all right to last two questions.

1187
01:24:32.079 --> 01:24:34.279
<v Speaker 1>If you want to ask something, jump in quickly here,

1188
01:24:34.840 --> 01:24:39.880
<v Speaker 1>hi on, just finish the Leonardo series. Leonardo series, and

1189
01:24:39.960 --> 01:24:43.039
<v Speaker 1>really enjoyed it thanks to the accommodation. To me, do

1190
01:24:43.119 --> 01:24:50.359
<v Speaker 1>you know other series in that style? Huh No. I

1191
01:24:50.399 --> 01:24:54.119
<v Speaker 1>mean there's a lot of series on artists, but I

1192
01:24:54.119 --> 01:24:57.479
<v Speaker 1>don't know anything in that style. Now you know, there's

1193
01:24:57.600 --> 01:25:01.279
<v Speaker 1>there's something un Rafael, there's something on Michelangelo, all enjoyable.

1194
01:25:01.319 --> 01:25:04.880
<v Speaker 1>But I'm not sure if that style is I'm not

1195
01:25:04.920 --> 01:25:09.479
<v Speaker 1>sure if it's the same thing, Mary Ellen.

1196
01:25:09.760 --> 01:25:10.840
<v Speaker 2>This is the last question.

1197
01:25:11.720 --> 01:25:15.399
<v Speaker 1>How does Trump believe in tariffs with such passionate intensity

1198
01:25:15.840 --> 01:25:17.479
<v Speaker 1>when he doesn't understand.

1199
01:25:17.039 --> 01:25:17.640
<v Speaker 2>How they work?

1200
01:25:18.199 --> 01:25:26.439
<v Speaker 1>Is it batchet crazy? He understands that they reduce well,

1201
01:25:26.479 --> 01:25:28.800
<v Speaker 1>I don't know what he understands. I don't know he's

1202
01:25:28.800 --> 01:25:30.359
<v Speaker 1>batchet crazy. There's a question about that.

1203
01:25:30.880 --> 01:25:31.039
<v Speaker 2>Though.

1204
01:25:31.039 --> 01:25:34.079
<v Speaker 1>I'm not supposed to say that. He's not very smart.

1205
01:25:36.239 --> 01:25:41.439
<v Speaker 1>He's not very smart, and he can't really hold what

1206
01:25:41.479 --> 01:25:50.000
<v Speaker 1>they actually do. But what he really hates is trade deficits,

1207
01:25:50.439 --> 01:25:56.000
<v Speaker 1>and he believes wrongly. And his first term shows that

1208
01:25:56.000 --> 01:25:59.960
<v Speaker 1>that if you have tavish, you you get rid of

1209
01:26:00.079 --> 01:26:03.359
<v Speaker 1>the deficit. And that's really all he cares about is

1210
01:26:03.359 --> 01:26:06.640
<v Speaker 1>getting rid of the deficit. But you don't do that.

1211
01:26:06.920 --> 01:26:09.319
<v Speaker 1>First of all, there's nothing wrong with the deficit. Zero

1212
01:26:09.319 --> 01:26:17.840
<v Speaker 1>Resiltch not a second taris, don't get rid of trade deficits.

1213
01:26:21.000 --> 01:26:25.439
<v Speaker 1>You didn't update on Doge. Why aren't you using super

1214
01:26:25.479 --> 01:26:26.399
<v Speaker 1>chat like everybody else?

1215
01:26:26.439 --> 01:26:26.720
<v Speaker 2>Bo was.

1216
01:26:28.760 --> 01:26:30.800
<v Speaker 1>No no updates and Dose because there's nothing the update,

1217
01:26:30.880 --> 01:26:35.079
<v Speaker 1>nothing particularly, nothing special is happening. As I said, Dog

1218
01:26:35.159 --> 01:26:37.560
<v Speaker 1>wants access to SI security, but for what just to

1219
01:26:37.800 --> 01:26:41.479
<v Speaker 1>root out fraud and that, which is meaningless and doesn't.

1220
01:26:41.600 --> 01:26:44.119
<v Speaker 1>It's just there's just nothing interesting going on with Dose

1221
01:26:44.239 --> 01:26:46.960
<v Speaker 1>right now. They're not cutting anyone near as much money

1222
01:26:46.960 --> 01:26:49.279
<v Speaker 1>as they said they would, certainly not two trillion or

1223
01:26:49.279 --> 01:26:52.000
<v Speaker 1>one trillion. Now they're down to one hundred and fifty,

1224
01:26:52.079 --> 01:26:54.159
<v Speaker 1>and of one hundred and fifty, we're probably looking at

1225
01:26:54.159 --> 01:26:59.720
<v Speaker 1>fifty maybe fifty. So it's just it's it's less interesting

1226
01:27:00.399 --> 01:27:09.119
<v Speaker 1>and nothing, you know, nothing much is happening. Oh yeah,

1227
01:27:09.239 --> 01:27:15.119
<v Speaker 1>news flash. On Monday, probably at around ten thirty, I

1228
01:27:15.199 --> 01:27:22.560
<v Speaker 1>will be joining Destiny's podcast YouTube channel what does he do?

1229
01:27:22.560 --> 01:27:24.640
<v Speaker 1>Does he even do YouTube? I think he's going to

1230
01:27:24.680 --> 01:27:27.680
<v Speaker 1>send me a zoom link. So I'm going to be

1231
01:27:27.760 --> 01:27:34.560
<v Speaker 1>on Destiny's show for a couple of hours. So I don't,

1232
01:27:34.880 --> 01:27:36.439
<v Speaker 1>you know, I don't know what the format looks like.

1233
01:27:36.439 --> 01:27:38.840
<v Speaker 1>I don't know how he does it. I don't know

1234
01:27:38.840 --> 01:27:40.680
<v Speaker 1>if it's a debate, I don't know what it is.

1235
01:27:40.800 --> 01:27:44.239
<v Speaker 1>But basically, I'll be on a stream. I'll Beyond Destiny

1236
01:27:44.359 --> 01:27:49.199
<v Speaker 1>stream starting ten thirty in the morning on Monday. So

1237
01:27:51.119 --> 01:27:56.479
<v Speaker 1>Destiny is this big, huge celebrity. Would you call him

1238
01:27:56.479 --> 01:28:02.800
<v Speaker 1>a leftist, a centrist or something like that. So we

1239
01:28:02.840 --> 01:28:05.600
<v Speaker 1>will see where the conversation takes us. We will see

1240
01:28:05.600 --> 01:28:08.680
<v Speaker 1>what we're talking about. But it sounds like we're just

1241
01:28:08.680 --> 01:28:13.560
<v Speaker 1>going to be chatting. And it's great because he has

1242
01:28:13.600 --> 01:28:17.039
<v Speaker 1>a massive audience, which is mostly a new audience for me.

1243
01:28:17.760 --> 01:28:27.600
<v Speaker 1>So yeah, I don't hate him. I've seen a little

1244
01:28:27.600 --> 01:28:30.479
<v Speaker 1>bit of him. I mean, he's wrong in a lot

1245
01:28:30.520 --> 01:28:33.760
<v Speaker 1>of stuff, but I certainly don't hate him. Okay, Simon says.

1246
01:28:33.800 --> 01:28:36.960
<v Speaker 1>Simon is stuck in a question, how do you articulate

1247
01:28:37.000 --> 01:28:41.640
<v Speaker 1>to someone that values objective even in the real even

1248
01:28:41.640 --> 01:28:45.079
<v Speaker 1>in the realm of economics, and values can't be subjective

1249
01:28:45.600 --> 01:28:51.000
<v Speaker 1>because they are tied to reality. Well, I mean it

1250
01:28:51.039 --> 01:28:54.239
<v Speaker 1>doesn't matter what realm they are the objective to the

1251
01:28:54.279 --> 01:28:57.600
<v Speaker 1>extent that they enhance your life, that.

1252
01:28:58.640 --> 01:28:59.760
<v Speaker 2>You are value.

1253
01:28:59.800 --> 01:29:05.920
<v Speaker 1>Now, some values are you know, they can be subjective.

1254
01:29:06.359 --> 01:29:09.279
<v Speaker 1>The point is that there are such things as objective values,

1255
01:29:10.399 --> 01:29:15.920
<v Speaker 1>and the standard of objectivity is reality and their contribution

1256
01:29:16.039 --> 01:29:19.560
<v Speaker 1>to your life. So the extent that the value adds

1257
01:29:19.600 --> 01:29:23.399
<v Speaker 1>to your life is enhancing your life, leads to your flourishing,

1258
01:29:23.680 --> 01:29:30.680
<v Speaker 1>supports your well being, and it really does. So that's

1259
01:29:30.720 --> 01:29:39.319
<v Speaker 1>the base on reality. Then it's an objective value. Objective

1260
01:29:39.359 --> 01:29:44.840
<v Speaker 1>is not independent of valuer. Quite the opposite. Objective is

1261
01:29:44.920 --> 01:29:47.680
<v Speaker 1>by the standard of the valuer. You have to have

1262
01:29:47.720 --> 01:29:50.640
<v Speaker 1>a standard. Only the valuer can give them standards. So

1263
01:29:50.920 --> 01:29:53.920
<v Speaker 1>the valuer is what makes it objective. There is no

1264
01:29:54.000 --> 01:29:59.319
<v Speaker 1>such thing as objective, as objective in epistemology outside of

1265
01:30:00.239 --> 01:30:04.239
<v Speaker 1>for somebody, there has to be a consciousness that is

1266
01:30:04.359 --> 01:30:11.840
<v Speaker 1>being objective. There's no such thing as a disinterested something

1267
01:30:11.880 --> 01:30:12.359
<v Speaker 1>out there.

1268
01:30:13.199 --> 01:30:15.760
<v Speaker 2>Values are not intrinsic. They're not in and.

1269
01:30:15.600 --> 01:30:18.479
<v Speaker 1>Of themselves good. They're good for whom and for what,

1270
01:30:19.439 --> 01:30:24.560
<v Speaker 1>and that is what makes them objective. All right, guys,

1271
01:30:24.720 --> 01:30:29.760
<v Speaker 1>I will see you all tomorrow, not to exactly what time,

1272
01:30:30.680 --> 01:30:32.039
<v Speaker 1>but we will have a show tomorrow.

1273
01:30:33.319 --> 01:30:34.680
<v Speaker 2>Thank you all the super chatters.

1274
01:30:35.159 --> 01:30:38.960
<v Speaker 1>I really really appreciate it, and I guess I will

1275
01:30:39.000 --> 01:30:39.600
<v Speaker 1>talk to you soon.

1276
01:30:40.800 --> 01:30:43.439
<v Speaker 2>Bye. Everybody,
