1
00:00:00,030 --> 00:00:04,259
Fatty at the front. Adam Curry. It's Thursday, October 1st,

2
00:00:04,259 --> 00:00:07,150
2026. It's Thursday. This is your award-winning Kimbo Nation Media

3
00:00:07,150 --> 00:00:12,980
Assassination, episode 1908. This is No Agenda. Coming to you

4
00:00:12,980 --> 00:00:16,140
from the heart of the Texas Hill Country, right here

5
00:00:16,140 --> 00:00:18,969
in Fredericksburg, Texas. We got a really big show for

6
00:00:18,969 --> 00:00:21,440
you because, of course, it is the best podcast in

7
00:00:21,440 --> 00:00:25,239
the universe. Yet another brand new name in our list

8
00:00:25,239 --> 00:00:28,359
of guest hosts. The best co-host coming up in less

9
00:00:28,359 --> 00:00:31,960
than 90 seconds, the one, the only, Mr. D.H. Unplugged,

10
00:00:31,960 --> 00:00:36,850
Andrew Horowitz. In the morning, slaves, the podfather's in the

11
00:00:36,850 --> 00:00:41,020
chair. And today on the other mic, he brought his

12
00:00:41,020 --> 00:01:13,709
calculator. The calculator. We'll be right back. We'll be right

13
00:01:13,709 --> 00:01:35,040
back. Gallicent is a gang of issues We'll be right

14
00:01:35,040 --> 00:01:44,879
back. couldn't hold a line but horowitz he got it

15
00:01:44,879 --> 00:01:50,400
nailed no agenda prime ladies and gentlemen a guest host

16
00:01:50,400 --> 00:01:55,060
to raise the ticker and room andrew horowitz in the

17
00:01:55,060 --> 00:02:03,799
morning yeah that's some of that super intelligence for you

18
00:02:03,950 --> 00:02:08,189
Wow. We love our guest co-hosts here at the No

19
00:02:08,189 --> 00:02:10,330
Agenda show. That has put a big smile on my

20
00:02:10,330 --> 00:02:12,500
face. I got to tell you something. This is so

21
00:02:12,500 --> 00:02:17,719
much bigger. This studio, this impressive, I mean, the No

22
00:02:17,719 --> 00:02:21,500
Agenda studio, I didn't realize it was this kind of...

23
00:02:21,629 --> 00:02:24,759
And the green room? The green room? How did you

24
00:02:24,759 --> 00:02:27,479
know that I liked peppermint tea and angel food cake

25
00:02:27,479 --> 00:02:29,710
before I got on the air? I mean, this is

26
00:02:29,710 --> 00:02:31,919
this is this is star treatment. This is star treatment.

27
00:02:31,919 --> 00:02:36,340
Ladies and gentlemen, Andrew Horowitz from the Disciplined Investor and

28
00:02:36,340 --> 00:02:40,889
DH Unplugged. This is this is like Ghostbusters. The streams

29
00:02:40,889 --> 00:02:44,479
are crossing. Anything could happen in the next three hours.

30
00:02:44,659 --> 00:02:47,439
Anything could go wrong. Anything might go wrong. Andrew, how

31
00:02:47,439 --> 00:02:49,430
you doing, brother? In the morning to you. I am

32
00:02:49,430 --> 00:02:51,330
great in the morning to you, sir, the best podcast

33
00:02:51,330 --> 00:02:54,199
in the universe. Glad to be here. You know, people,

34
00:02:54,199 --> 00:02:57,069
we got to talk a little bit about you because,

35
00:02:57,069 --> 00:02:59,509
sure, people know who you are, but a lot of

36
00:02:59,509 --> 00:03:01,960
people may not who are just tuning in. We've known

37
00:03:01,960 --> 00:03:06,219
each other for probably 15, 16 years, and you knew

38
00:03:06,219 --> 00:03:09,819
John maybe even a little bit longer than that, right?

39
00:03:09,819 --> 00:03:11,560
Yeah. Yeah, I think John and I would have had

40
00:03:11,560 --> 00:03:15,199
our 18th year on DH Unplugged, and it was from

41
00:03:15,199 --> 00:03:17,150
way back in the days of Leo Laporte, Twit, and

42
00:03:17,150 --> 00:03:19,870
all that. And then I met him, and I met

43
00:03:19,870 --> 00:03:23,379
you. You and I met each other in London once.

44
00:03:23,379 --> 00:03:25,629
Yeah, in London, right. I remember that. And then I

45
00:03:25,629 --> 00:03:29,900
had that show going on, and we had all this...

46
00:03:30,780 --> 00:03:33,830
crossover between John and then I was doing something with

47
00:03:33,830 --> 00:03:35,810
you and Ron that I don't think ever worked out,

48
00:03:35,810 --> 00:03:38,370
but nonetheless. Wait, wait, wait. I don't remember. What were

49
00:03:38,370 --> 00:03:41,900
we doing? I was in your office. I remember you

50
00:03:41,900 --> 00:03:44,000
in the office, but then I remember like, I just

51
00:03:44,000 --> 00:03:46,099
talked to Bloom. I can't deal with this. And I

52
00:03:46,099 --> 00:03:48,009
don't think anything came of it, did it? That's what

53
00:03:48,009 --> 00:03:51,500
I'm saying. Pretty much that's what happened. I mean, Bloom...

54
00:03:51,500 --> 00:03:56,439
Bloom missed a fantastic opportunity. It was early days, let's

55
00:03:56,439 --> 00:03:58,500
be honest. It was early days. None of us knew

56
00:03:58,500 --> 00:04:01,199
exactly what was going on with all this, right? I

57
00:04:01,199 --> 00:04:04,819
got into the podcasting because I wrote my first book,

58
00:04:04,819 --> 00:04:08,400
The Disciplined Investor, Essential Strategies for Success, and I was

59
00:04:08,400 --> 00:04:10,479
like, And my publisher says, you know, I have a

60
00:04:10,479 --> 00:04:12,340
great idea. It was back in 2007. I have a

61
00:04:12,340 --> 00:04:14,449
great idea. I'm like, what's that? They said, you should

62
00:04:14,449 --> 00:04:16,660
do a podcast. And I said, the fuck is a

63
00:04:16,660 --> 00:04:19,279
podcast? That's what I said. Wait a minute. Who was

64
00:04:19,279 --> 00:04:22,120
this? This was a very modern publisher. Who was this?

65
00:04:22,120 --> 00:04:24,620
This was Harcourt, I guess it was, for the first

66
00:04:24,620 --> 00:04:28,180
one. Oh, okay. Nice. So, yeah, it was amazing. And

67
00:04:28,180 --> 00:04:31,319
then actually I went out to Cupertino. And Cupertino, they

68
00:04:31,319 --> 00:04:34,399
helped me with setting up my really grand system with

69
00:04:34,399 --> 00:04:38,720
GarageBand. Yeah. Oh, what a nightmare that must have been

70
00:04:38,720 --> 00:04:42,149
for you. Yes. Yeah. And did that and then ran

71
00:04:42,149 --> 00:04:46,490
the first one. I think the first Discipline Investor podcast,

72
00:04:46,490 --> 00:04:49,910
first episode was March 2007. So now coming up on

73
00:04:49,910 --> 00:04:53,800
20 years. Wow. Wow. of that episode. And then about,

74
00:04:53,800 --> 00:04:56,449
I don't know, eight months later or so, I think

75
00:04:56,449 --> 00:04:59,079
it was right after No Agenda, John and I, after

76
00:04:59,079 --> 00:05:02,160
knowing each other a bit, He said, let's do it.

77
00:05:02,199 --> 00:05:03,779
Well, he said something. You know the story there, right?

78
00:05:04,160 --> 00:05:06,500
Well, I know exactly how that went. John went, hey,

79
00:05:06,500 --> 00:05:08,699
I should stick close to this guy. He might give

80
00:05:08,699 --> 00:05:11,110
me some good stock tips. I'll reel him into a

81
00:05:11,110 --> 00:05:14,589
podcast. That's probably what he was thinking. We were talking

82
00:05:14,589 --> 00:05:17,879
during the financial crisis. I remember so distinctly. I think

83
00:05:17,879 --> 00:05:19,670
I told you this once before. I was walking around

84
00:05:19,670 --> 00:05:22,399
my pool in my backyard, and I'm like freaking out.

85
00:05:22,560 --> 00:05:24,860
And somehow John and I started talking once a week

86
00:05:24,860 --> 00:05:27,480
for about an hour for whatever reason. Yeah. And he

87
00:05:27,480 --> 00:05:30,240
was on his flip phone or whatever, and I'm talking

88
00:05:30,240 --> 00:05:35,829
to him. Yeah. And somewhere halfway between a sentence on

89
00:05:35,829 --> 00:05:39,660
one of the calls, he said, you know, a lot

90
00:05:39,660 --> 00:05:41,850
of people would really like listening to this. Let's do

91
00:05:41,850 --> 00:05:44,680
a podcast. I'm like, who wants to listen to this?

92
00:05:44,800 --> 00:05:47,389
That's how the best podcasts start. They start as people

93
00:05:47,389 --> 00:05:50,569
having a conversation and deciding to hit record. It's absolutely

94
00:05:50,569 --> 00:05:53,660
true. It's so true. Now, what people don't know is

95
00:05:53,660 --> 00:05:56,860
you've been a radio guy for a long time, predating

96
00:05:56,860 --> 00:05:59,490
all of this stuff. I, yes, that's true. I had

97
00:05:59,490 --> 00:06:03,430
the money doctor show with Andrew Horowitz. The money doctor.

98
00:06:03,430 --> 00:06:06,759
Hello. Hello. Wait, hold on a second. Hello. Is this

99
00:06:06,759 --> 00:06:10,939
the money doctor? I need some help with my finances

100
00:06:10,939 --> 00:06:13,839
all messed up. Can you help me, Mr. Money Doctor?

101
00:06:14,490 --> 00:06:16,600
That's pretty much how it went. And it was funny.

102
00:06:17,120 --> 00:06:19,889
My show, this was a paid-for thing on 740 AM

103
00:06:19,889 --> 00:06:25,000
whatever radio. It's the big 740 AM. Ladies and gentlemen,

104
00:06:25,000 --> 00:06:28,310
here is the money doctor. Andrew Horowitz. I was very

105
00:06:28,310 --> 00:06:30,850
nasal at the time. I talked like this, and I

106
00:06:30,850 --> 00:06:33,459
didn't know how to project yet with a decent microphone.

107
00:06:35,459 --> 00:06:38,959
And... And what was interesting was all the other shows

108
00:06:38,959 --> 00:06:40,399
that were on the air. Wait a minute. Did it

109
00:06:40,399 --> 00:06:43,040
go like this? And we'll be right back after this

110
00:06:43,040 --> 00:06:46,000
message. Gold! That's it! That's right. You need gold in

111
00:06:46,000 --> 00:06:48,290
your portfolio. I'm telling you, that was it, right? Was

112
00:06:48,290 --> 00:06:51,730
that it? It was worse. It was worse. And I

113
00:06:51,730 --> 00:06:54,149
got to remember the name of this. My sponsor was

114
00:06:54,149 --> 00:07:00,089
an arthritic shoe company. Oh, a Medicare scam. Okay. They

115
00:07:00,089 --> 00:07:03,600
sent me these things to wear, those ones. And I

116
00:07:03,600 --> 00:07:05,889
wore them because I said, listen, if I'm going to

117
00:07:05,889 --> 00:07:08,790
average. Advertise these things. I got to seriously wear these

118
00:07:08,790 --> 00:07:10,800
things. Comfortable is going to be the ones that are

119
00:07:10,800 --> 00:07:13,279
oversized. It looks like you have a club foot. You

120
00:07:13,279 --> 00:07:17,480
know, that's comfortable. Very comfortable. They were called SAS shoes.

121
00:07:17,620 --> 00:07:19,779
That's what it was. Oh, goodness. And I would wear

122
00:07:19,779 --> 00:07:21,689
them as I was on the air. I'm like, look,

123
00:07:21,689 --> 00:07:23,699
I'm wearing the shoes right now. They're very comfortable. I

124
00:07:23,699 --> 00:07:26,100
had to do a host read on this thing. And

125
00:07:26,100 --> 00:07:28,829
they paid me like $350 a show or $300 a

126
00:07:28,829 --> 00:07:31,509
show or $300 a month or whatever it was. Yeah,

127
00:07:31,509 --> 00:07:34,149
whatever. So and then I was the only show that

128
00:07:34,149 --> 00:07:37,850
actually got calls. All these other shows, what happened was

129
00:07:37,850 --> 00:07:42,920
all these other shows were constantly promoting themselves. And I

130
00:07:42,920 --> 00:07:45,569
decided way back when, I'm not going to promote. I'm

131
00:07:45,569 --> 00:07:47,879
just going to educate. And let's see how this goes.

132
00:07:48,480 --> 00:07:50,660
And what happened was that when I gave away the

133
00:07:50,660 --> 00:07:53,170
phone number, the phone bank with the producer on the

134
00:07:53,170 --> 00:07:55,180
other side of the window at the radio station would

135
00:07:55,180 --> 00:07:57,399
all of a sudden show me that, you know, give

136
00:07:57,399 --> 00:07:59,680
me a number, four lines are lit or whatever it

137
00:07:59,680 --> 00:08:01,850
was. I remember being there a couple of hours before

138
00:08:01,850 --> 00:08:03,779
and sometimes an hour after to the other shows that

139
00:08:03,779 --> 00:08:06,899
were there. Never got a call. And these guys were

140
00:08:06,899 --> 00:08:10,579
so pissed off at me. Yeah. I can imagine. The

141
00:08:10,579 --> 00:08:12,899
money doctor. It's a good one. It's a good one.

142
00:08:12,980 --> 00:08:16,399
The money doctor. And now you're a successful money manager

143
00:08:16,399 --> 00:08:20,100
in Florida. Have you always lived in Florida, actually? I

144
00:08:20,100 --> 00:08:22,540
don't know. You're a Floridian by nature? No, you're from

145
00:08:22,540 --> 00:08:24,759
New York, aren't you? New York. No, I came from

146
00:08:24,759 --> 00:08:26,819
New York, man. So I came from New York in

147
00:08:26,819 --> 00:08:30,180
Long Island. I'm a Long Island boy. Yeah, Long Island.

148
00:08:30,399 --> 00:08:33,480
Yes. I came. I lived out in Comac. Came down

149
00:08:33,480 --> 00:08:37,470
here in 87. I was 22 years old. And I

150
00:08:37,470 --> 00:08:40,570
moved down here with three women, two of which I

151
00:08:40,570 --> 00:08:43,029
was about to say. There must have been a woman

152
00:08:43,029 --> 00:08:46,409
involved in this. There was three. I came down here,

153
00:08:46,409 --> 00:08:49,159
decided, well, I didn't want to live in New York

154
00:08:49,159 --> 00:08:52,169
through the snow and the horrible weather. I said, you

155
00:08:52,169 --> 00:08:54,039
know, let me do this early go look somewhere. So

156
00:08:54,039 --> 00:08:56,110
I went out to California for a week. I was

157
00:08:56,110 --> 00:08:58,340
in Malibu. I was in L.A. And by the end

158
00:08:58,340 --> 00:09:01,799
of the week, I said, I don't recall talking with

159
00:09:01,799 --> 00:09:05,379
anyone out there that had a brain. I don't think

160
00:09:05,379 --> 00:09:08,820
I could stay there. So I came down to Florida

161
00:09:08,820 --> 00:09:11,299
because everybody said to me, you know, when I retire,

162
00:09:11,299 --> 00:09:13,370
I'm going to go to Florida. I'm like, what am

163
00:09:13,370 --> 00:09:15,149
I waiting for? Why am I going to wait until

164
00:09:15,149 --> 00:09:18,460
I'm ancient? Retire now. Yeah, why not? So I came

165
00:09:18,460 --> 00:09:21,100
down here. It was not the Fort Lauderdale that it

166
00:09:21,100 --> 00:09:24,159
was now back then. That was spring break Fort Lauderdale.

167
00:09:24,179 --> 00:09:26,799
Oh, yeah. Oh, yeah. Where the boys are. Good times.

168
00:09:26,960 --> 00:09:30,779
Yeah. Playa. Playa Horowitz. Exactly. So I live with two

169
00:09:30,779 --> 00:09:34,549
of the girls. One was an Eastern Airlines pilot, one

170
00:09:34,549 --> 00:09:36,669
was a waitress, and the other person was starting a

171
00:09:36,669 --> 00:09:40,240
beeper company that moved from – California down to Florida.

172
00:09:40,759 --> 00:09:43,120
Was she a Mossad beeper company? What kind of beeper

173
00:09:43,120 --> 00:09:45,679
company was this? There was one of those things where

174
00:09:45,679 --> 00:09:47,639
you, remember the beepers where you got a beep and

175
00:09:47,639 --> 00:09:48,600
you had to go to a payphone to make a

176
00:09:48,600 --> 00:09:51,360
call? Sure, of course. I had one, of course. Yeah,

177
00:09:51,360 --> 00:09:54,590
and then it elevated to the... One that had the

178
00:09:54,590 --> 00:09:56,210
numbers on it, or you could put some kind of

179
00:09:56,210 --> 00:09:58,659
weird messages if you knew how to spell with numbers.

180
00:09:58,840 --> 00:10:02,320
Or just do 911. Always 911. Yeah, exactly. So she

181
00:10:02,320 --> 00:10:05,809
did that. And then, yeah, so then I met my

182
00:10:05,809 --> 00:10:09,350
first wife. That lasted for a very short period of

183
00:10:09,350 --> 00:10:11,639
time. Oh, I didn't know you were married previously. Yes,

184
00:10:11,639 --> 00:10:14,440
I was. She was 11 years my senior. Oh, yeah.

185
00:10:15,039 --> 00:10:18,779
And it was all about a bet. A bet? Somebody

186
00:10:18,779 --> 00:10:20,429
in the office said, you know, somebody? I said, look

187
00:10:20,429 --> 00:10:23,710
at, oh, my gosh, she's cute. My friend in the

188
00:10:23,710 --> 00:10:27,240
office said, There is no way you're in her league.

189
00:10:27,740 --> 00:10:31,820
I said, 50 bucks? 50 bucks cost me a lot

190
00:10:31,820 --> 00:10:34,519
more than 50 bucks. I hear you. I hear you.

191
00:10:35,179 --> 00:10:37,200
So then I met Jill, of course, and we have

192
00:10:37,200 --> 00:10:41,600
three kids, twin girls and a young fine man. Yeah.

193
00:10:41,679 --> 00:10:43,909
And we've been out and hang out with you guys

194
00:10:43,909 --> 00:10:46,129
and we love Jill and we love you. I think

195
00:10:46,129 --> 00:10:47,929
the last time we saw each other, I had sun

196
00:10:47,929 --> 00:10:52,980
poisoning. You took us to the yacht club, and I'm

197
00:10:52,980 --> 00:10:56,100
like, I've got to go home. Yeah, it was bad.

198
00:10:57,100 --> 00:10:58,320
So, Adam, just to let anybody know, if you haven't

199
00:10:58,320 --> 00:11:00,100
seen him, he's a little fair. He was outside maybe

200
00:11:00,100 --> 00:11:02,840
in Florida for maybe 10 minutes. He got some poisoning.

201
00:11:04,399 --> 00:11:10,409
Everyone's like, I think I'll just have clam chowder. Well,

202
00:11:10,409 --> 00:11:12,129
we've got to get together again. It's been far too

203
00:11:12,129 --> 00:11:14,840
long. It has, yeah. Well, you always want us to

204
00:11:14,840 --> 00:11:16,730
go on cruises. We're like, no, we're not going on

205
00:11:16,730 --> 00:11:20,000
the cruise. Here's Andrew. Hey, I've got a great idea.

206
00:11:20,000 --> 00:11:22,799
This is a great gig, an 80s cruise. I'm like,

207
00:11:22,799 --> 00:11:25,299
are you out of your ever-loving mind? I'm not going

208
00:11:25,299 --> 00:11:27,389
to go on an 80s cruise with a bunch of

209
00:11:27,389 --> 00:11:30,559
60-year-olds who want me to sign their boobs. Like, no,

210
00:11:30,559 --> 00:11:33,600
no, we're not going to do that. All right, okay.

211
00:11:33,980 --> 00:11:36,450
I get that. I get that. I tried to actually

212
00:11:36,450 --> 00:11:38,549
hook you up to get paid for that cruise. That's

213
00:11:38,549 --> 00:11:40,629
what I was trying to do. Oh, no. Listen, I

214
00:11:40,629 --> 00:11:44,100
get these offers a lot, but I can't. It's just

215
00:11:44,100 --> 00:11:46,970
no. It would be so depressing. I don't go to

216
00:11:46,970 --> 00:11:50,620
certain concerts. Last time I was at a Yes concert,

217
00:11:50,620 --> 00:11:53,570
I was in the concert, and Rick Wakeman, the keyboardist,

218
00:11:53,570 --> 00:11:56,000
puts on – spectacles you know he puts on readers

219
00:11:56,000 --> 00:11:58,080
and i'm like oh my god then i turn around

220
00:11:58,080 --> 00:11:59,860
i'm like Who are all these old people in the

221
00:11:59,860 --> 00:12:03,179
audience? And you're the youngest? Is that what it was?

222
00:12:03,379 --> 00:12:05,240
I was pretty much the same age, I think. Yeah.

223
00:12:05,879 --> 00:12:08,289
That was the problem. So we talk from time to

224
00:12:08,289 --> 00:12:11,379
time and we chat. And it's usually you're much better

225
00:12:11,379 --> 00:12:13,389
than I am. You know, you'll call up. Tina actually

226
00:12:13,389 --> 00:12:15,940
has a retirement fund with you and she loves you

227
00:12:15,940 --> 00:12:20,379
for it. She's like, Andrew's making me money. And you're

228
00:12:20,379 --> 00:12:22,980
always like, hey, should we have a call? Tina's like,

229
00:12:22,980 --> 00:12:27,149
no. Just keep on going. Just keep on going. It's

230
00:12:27,149 --> 00:12:31,690
fine. Everything's good. But you're just a lovely guy. And

231
00:12:31,690 --> 00:12:33,360
you were actually the first person I spoke to after

232
00:12:33,360 --> 00:12:36,440
Mimi, after John passed. You were the first one that

233
00:12:36,440 --> 00:12:40,820
I spoke to. Yeah. Yeah, so DH Unplugged, which has

234
00:12:40,820 --> 00:12:46,340
kind of been a crossover promotional mechanism with no agenda.

235
00:12:46,700 --> 00:12:49,059
Obviously, you did that with John for many, many years.

236
00:12:49,860 --> 00:12:54,419
And now you're continuing with JC, with John Estivorek, with

237
00:12:54,419 --> 00:12:58,330
the junior. How's that going? Yeah. Yeah, which S stands

238
00:12:58,330 --> 00:13:01,240
for son of John DeVorex. Yes, it does. It's going

239
00:13:01,240 --> 00:13:06,279
surprisingly well. Yeah. You know, he's a much different character.

240
00:13:06,799 --> 00:13:13,549
He is a highly intellectual thinker. John was a slow

241
00:13:13,549 --> 00:13:16,330
– John was brilliant, right? We know that. Yeah. But

242
00:13:16,330 --> 00:13:23,159
he was a thoughtful – thinking about Few word, very

243
00:13:23,159 --> 00:13:26,070
pointed, and that's all you needed, right? Yeah, and then

244
00:13:26,070 --> 00:13:29,679
he would say, that sounds like bull crap. Yeah, yeah.

245
00:13:30,360 --> 00:13:34,350
Thoughtful thinking. John Hassan is very technically inclined. A lot

246
00:13:34,350 --> 00:13:36,700
of times I'm talking to him and I'm like, uh...

247
00:13:36,779 --> 00:13:38,559
I think I need to put that on half speed.

248
00:13:38,840 --> 00:13:41,980
I don't exactly know what just happened, but he's great.

249
00:13:42,059 --> 00:13:44,779
No, he's great. And he's really, he's really brought a

250
00:13:44,779 --> 00:13:48,240
lot and a change. And we have a new newsletter.

251
00:13:48,600 --> 00:13:50,730
He's working on a new website and all sorts of

252
00:13:50,730 --> 00:13:54,509
things. And, Right now, the audience seems to like what

253
00:13:54,509 --> 00:13:56,039
we're doing, so I'm really happy about that. Oh, good.

254
00:13:56,100 --> 00:13:58,289
And you're doing video now, too, which is a little

255
00:13:58,289 --> 00:14:00,980
different for the show. Yeah, we do video, but we

256
00:14:00,980 --> 00:14:03,700
do the video really for short take. So we record

257
00:14:03,700 --> 00:14:06,860
the whole show with video, which we have. But then

258
00:14:06,860 --> 00:14:11,210
we use short take videos for promotions on Instagram, Twitter,

259
00:14:11,210 --> 00:14:13,840
Facebook. Things like that. Oh, you've got a whole machine

260
00:14:13,840 --> 00:14:17,889
going there. Yeah, it's a production. Speaking of Instagram, the

261
00:14:17,889 --> 00:14:22,620
No Agenda account hit 5,000 followers. And that means that

262
00:14:22,620 --> 00:14:26,460
there is now a picture published of John's – well,

263
00:14:26,460 --> 00:14:28,789
it said of John's office. I don't know if you

264
00:14:28,789 --> 00:14:30,919
saw this picture. It went out in the newsletter, too.

265
00:14:31,080 --> 00:14:33,139
I did see it. A little bit of a letdown.

266
00:14:33,340 --> 00:14:35,340
It's like – I want to see the reverse angle.

267
00:14:35,940 --> 00:14:38,809
Like I get the desk and all that, and that's

268
00:14:38,809 --> 00:14:40,399
fun to look at and zoom in on. But I

269
00:14:40,399 --> 00:14:42,990
want to see what's in the background, man. Where's the

270
00:14:42,990 --> 00:14:46,049
pile of cans? You know, there's a lot of stuff

271
00:14:46,049 --> 00:14:49,190
that I feel we should be allowed to see. I

272
00:14:49,190 --> 00:14:52,799
want to see the closet door that's being propped up

273
00:14:52,799 --> 00:14:56,200
with two by fours to keep it closed. Exactly. Exactly.

274
00:14:57,740 --> 00:14:59,419
Oh, man. Oh, man.

275
00:15:00,029 --> 00:15:02,889
Well, I'm so happy that you actually called me and

276
00:15:02,889 --> 00:15:04,889
said, I want to do the show. I'm like, okay,

277
00:15:04,889 --> 00:15:07,690
good idea. Yeah. You have all these great guys. You

278
00:15:07,690 --> 00:15:11,080
have Bernetti. You have Calacanis. Calacanis, which I need to,

279
00:15:11,080 --> 00:15:13,679
Jason, if you're listening, I sent you a couple of

280
00:15:13,679 --> 00:15:16,519
emails. Please get back to me. You got to DM

281
00:15:16,519 --> 00:15:19,259
him on Twitter. That's the only way. He doesn't respond

282
00:15:19,259 --> 00:15:20,779
to anything else. Which means he has to follow me.

283
00:15:20,840 --> 00:15:22,169
If he doesn't follow me, I can't do that. So

284
00:15:22,169 --> 00:15:23,840
I got to figure that out. I'll connect you. I'll

285
00:15:23,840 --> 00:15:26,759
connect you on X, man. I got you covered. There

286
00:15:26,759 --> 00:15:28,700
you go. He was on the show, The Discipline Investor,

287
00:15:28,700 --> 00:15:33,059
back in 2008. Hmm. When, you know, he was just

288
00:15:33,059 --> 00:15:35,610
gaining his popularity. Yeah. And now he's all over the

289
00:15:35,610 --> 00:15:39,039
place. All in. These are very, very, you know, these

290
00:15:39,039 --> 00:15:44,179
co-guest hosts have been incredibly polarizing. So first of all,

291
00:15:44,179 --> 00:15:48,909
the AI songs, 70% love it, 30% love it. hate

292
00:15:48,909 --> 00:15:52,340
it with such a passion really oh they email me

293
00:15:52,340 --> 00:15:56,750
i'm unsubscribing from the show i'm like i'm like dude

294
00:15:56,750 --> 00:15:59,820
you can you can hit the fast forward button with

295
00:15:59,820 --> 00:16:03,399
two taps yeah i can two taps i've unsubscribed from

296
00:16:03,399 --> 00:16:07,539
the show It's like people go out of their mind

297
00:16:07,539 --> 00:16:09,690
about this stuff. And I think it's actually kind of

298
00:16:09,690 --> 00:16:11,879
cute. You know, it's gotten to the point where, you

299
00:16:11,879 --> 00:16:14,909
know, it's all about the lyrics, I guess. I mean,

300
00:16:14,909 --> 00:16:17,779
the music is just what it is. This is this

301
00:16:17,779 --> 00:16:20,569
is the future. I mean, things are things are going

302
00:16:20,569 --> 00:16:23,549
to change that we haven't even thought of yet. I

303
00:16:23,549 --> 00:16:24,860
mean, we have a song. Here, I have a song.

304
00:16:24,919 --> 00:16:26,080
Can I play you a song that was done by

305
00:16:26,080 --> 00:16:28,000
AI for us? Yeah, sure. So I think this will

306
00:16:28,000 --> 00:16:30,960
work. Basically, I had a listener. I said, look, I

307
00:16:30,960 --> 00:16:33,159
was all over the Tara thing, you know, back last

308
00:16:33,159 --> 00:16:35,019
year. And I'm like, I won't play the whole thing.

309
00:16:35,080 --> 00:16:44,399
Let's see if this is all AI. Yeah. The Yorker

310
00:16:45,500 --> 00:17:05,630
Look at my There comes the chorus. You've got to

311
00:17:05,630 --> 00:17:09,809
snap a little bit. Yeah, baby. Anyway, I thought it

312
00:17:09,809 --> 00:17:13,360
was good production. Well, interesting you bring that up. I

313
00:17:13,360 --> 00:17:15,180
was going to start with something else or come back

314
00:17:15,180 --> 00:17:19,049
to that, though. But I mentioned to John months ago

315
00:17:19,049 --> 00:17:23,110
about the 232 tariffs. And I said, you know, the

316
00:17:23,110 --> 00:17:26,690
232 tariffs is that's the stealth that's going on. All

317
00:17:26,690 --> 00:17:30,279
these other tariffs everyone's bitching and moaning about, they're irrelevant.

318
00:17:30,960 --> 00:17:34,819
And the way I read these 232 tariffs was instead

319
00:17:34,819 --> 00:17:39,400
of paying a percentage of tariff over the percentage of

320
00:17:39,400 --> 00:17:43,119
steel In anything imported into the United States, you now

321
00:17:43,119 --> 00:17:47,079
had to pay the full whack over the any over

322
00:17:47,079 --> 00:17:49,700
the full price of whatever had steel in it. So

323
00:17:49,700 --> 00:17:52,480
that's cars and, you know, washing machines, you name it.

324
00:17:52,799 --> 00:17:58,460
And that's exactly what came to fruition yesterday. With the

325
00:17:58,460 --> 00:18:02,279
Patriot pellets. Have you been following the Patriot pellets? I

326
00:18:02,279 --> 00:18:05,660
have not. What are the Patriot pellets? Oh, the Patriot

327
00:18:05,660 --> 00:18:10,639
pellets. Oh, well, listen to this. Once completed, Wasabi Metallics'

328
00:18:10,639 --> 00:18:13,779
new steel plant will produce 10 million tons of steel

329
00:18:13,779 --> 00:18:18,099
per year using iron ore from the companies Minnesota Mine.

330
00:18:18,099 --> 00:18:20,400
And Minnesota has, I will tell you, they maybe have

331
00:18:20,400 --> 00:18:23,559
a lousy governor, but they have great iron ore. They

332
00:18:23,559 --> 00:18:26,460
have one of the worst governors in history, a real

333
00:18:26,460 --> 00:18:29,220
stupid guy. But they do have good iron ore, which

334
00:18:29,220 --> 00:18:32,000
is more important, I guess. But it's the first new

335
00:18:32,000 --> 00:18:34,559
iron ore mine in the United States in more than

336
00:18:34,559 --> 00:18:39,240
50 years with the highest quality ore. In other words,

337
00:18:39,240 --> 00:18:42,849
this seal will be mined, melted, and made right here

338
00:18:42,849 --> 00:18:45,869
in the USA, which is something very unusual. The project

339
00:18:45,869 --> 00:18:50,000
is expected to create up to 6,000 new construction jobs,

340
00:18:50,000 --> 00:18:55,500
nearly 2,000 manufacturing and mining jobs, and add another $95

341
00:18:55,500 --> 00:18:59,420
billion. to the U.S. economy, which is the number one

342
00:18:59,420 --> 00:19:02,910
economy in the world by far. The best economy we've

343
00:19:02,910 --> 00:19:07,539
ever had. We're building... $21 trillion worth of plants and

344
00:19:07,539 --> 00:19:09,599
others. Now I think we can add this to it.

345
00:19:09,720 --> 00:19:12,309
I'm not even including this. But this is a tremendous

346
00:19:12,309 --> 00:19:15,680
investment. And it's going to be over the next 10

347
00:19:15,680 --> 00:19:19,849
years using advanced steelmaking technology. The plant will produce some

348
00:19:19,849 --> 00:19:23,680
of the highest quality, most affordable steel anywhere in the

349
00:19:23,680 --> 00:19:27,559
world. They're going to be making it here. And using

350
00:19:27,559 --> 00:19:30,339
it here and also shipping it outside and do very

351
00:19:30,339 --> 00:19:35,779
well. So the president made a deal with RS Technologies.

352
00:19:36,039 --> 00:19:39,410
I think there's an Indian company or an Indian owner

353
00:19:39,410 --> 00:19:42,599
for sure. And it's now the numbers all over the

354
00:19:42,599 --> 00:19:46,420
place, of course. It's either 15 billion or 18 billion.

355
00:19:46,420 --> 00:19:50,680
They're going to. They've reopened the mine in Minnesota, and

356
00:19:50,680 --> 00:19:53,759
they're going to take the ore from there and then

357
00:19:53,759 --> 00:19:57,150
ship it down river to Iowa, and that's where this

358
00:19:57,150 --> 00:20:00,460
plant is going to be built. And this was all

359
00:20:00,460 --> 00:20:04,619
co-financed by the – I want to say it's –

360
00:20:04,639 --> 00:20:07,099
they had some government, they've been setting up these government

361
00:20:07,099 --> 00:20:09,470
funds all over the place where you can borrow money

362
00:20:09,470 --> 00:20:11,490
from the government which I think there should be a

363
00:20:11,490 --> 00:20:14,880
podcaster money borrowing fund and so here's Lutnik and of

364
00:20:14,880 --> 00:20:18,349
course he was part of the deal. Okay, so these

365
00:20:18,349 --> 00:20:23,089
are your 232 tariffs, the steel tariffs at work. Without

366
00:20:23,089 --> 00:20:27,519
those tariffs this mine doesn't get built and this steel

367
00:20:27,519 --> 00:20:30,339
plant does not get built. Two and a half billion

368
00:20:30,339 --> 00:20:34,680
dollar iron ore mine that does iron ore pellets. And

369
00:20:34,680 --> 00:20:37,019
where do we get those pellets from now? We get

370
00:20:37,019 --> 00:20:42,000
them primarily from Brazil. So we are beholden to Brazil

371
00:20:42,000 --> 00:20:45,519
to build our steel in America, because the input is

372
00:20:45,519 --> 00:20:48,960
coming from outside the country. So now we are unleashing

373
00:20:48,960 --> 00:20:53,539
the iron range in Minnesota, which is the greatest, as

374
00:20:53,539 --> 00:20:56,700
the chairman said, the greatest set of iron in the

375
00:20:56,700 --> 00:20:59,940
world is right here in America. We're going to these

376
00:20:59,940 --> 00:21:03,960
general... to my right from SR they're doing a fantastic

377
00:21:03,960 --> 00:21:06,099
job two and a half billion dollars for the mine

378
00:21:06,099 --> 00:21:09,099
and then you go right down to Mississippi to Iowa

379
00:21:09,099 --> 00:21:14,420
and Right? Where they can build a $15 billion integrated

380
00:21:14,420 --> 00:21:18,839
steel plant, which will create steel at the same price

381
00:21:18,839 --> 00:21:21,869
they make it and import it from China. This is

382
00:21:21,869 --> 00:21:24,549
competitive. If you do it all here and you don't

383
00:21:24,549 --> 00:21:26,680
ship it from around the world and you don't buy

384
00:21:26,680 --> 00:21:30,759
it from other people, this is exactly your plan. This

385
00:21:30,759 --> 00:21:33,920
is exactly why you're doing it, because you're driving steel

386
00:21:33,920 --> 00:21:37,860
to America. The gentlemen to our right from SR are

387
00:21:37,860 --> 00:21:42,240
fantastic. This is great for Iowa. It's great for Minnesota.

388
00:21:42,240 --> 00:21:46,730
This is your plan, living it out in America, building

389
00:21:46,730 --> 00:21:52,940
$17.5 billion investment, bringing steel, which protects. our national security

390
00:21:52,940 --> 00:21:56,799
home to America. Well done. Yeah, so I agree with

391
00:21:56,799 --> 00:22:01,900
this. This is good. And we closed... Anytime, anytime, Howard

392
00:22:01,900 --> 00:22:06,639
Ludnick, we can bring Seattle back home. Oh, that guy

393
00:22:06,639 --> 00:22:10,279
is so irritating. He almost sounds like song lyrics, you

394
00:22:10,279 --> 00:22:13,329
know, you should put him through the AI. Here's the

395
00:22:13,329 --> 00:22:18,430
SR guy. Thank you, Mr. President. for bringing back the

396
00:22:18,430 --> 00:22:21,220
importance of building things in America. Yes, thank you very

397
00:22:21,220 --> 00:22:22,980
much. Well, I was born in India. I went to

398
00:22:22,980 --> 00:22:25,569
high school in New York, college in Boston, and did

399
00:22:25,569 --> 00:22:27,559
my MBA in California. Well, you know, hold on, hold

400
00:22:27,559 --> 00:22:32,549
on. Can I say something? Obviously, he's not just giving

401
00:22:32,549 --> 00:22:36,160
his resume. He has to say this because everybody that's

402
00:22:36,160 --> 00:22:38,190
listening is like, wait, wait, wait, wait. We're going to

403
00:22:38,190 --> 00:22:40,619
do H1B. What is this? Yeah. So everybody's going to

404
00:22:40,619 --> 00:22:42,339
freak out. All right. I'm sorry. Yeah. No, you're absolutely

405
00:22:42,339 --> 00:22:44,690
right. I've spent half my life here. So announcing this

406
00:22:44,690 --> 00:22:47,700
investment today. is a great honor and a true homecoming

407
00:22:47,700 --> 00:22:49,740
for me. My family and I spend a lot of

408
00:22:49,740 --> 00:22:52,259
time in Minnesota, where we are investing $3 billion to

409
00:22:52,259 --> 00:22:55,380
build the first new mine in America in 50 years.

410
00:22:55,740 --> 00:22:58,569
We will be producing the Patriot pellet very soon. Patriot

411
00:22:58,569 --> 00:23:01,500
pellet! Which will be amongst the highest quality iron ore

412
00:23:01,500 --> 00:23:03,710
pellets in the world. I love that. With the new

413
00:23:03,710 --> 00:23:07,000
steel complex in Iowa. we will complete the fully integrated

414
00:23:07,000 --> 00:23:11,490
American supply chain from mine to mill. American ore carried

415
00:23:11,490 --> 00:23:15,779
on American railroads to an American steel plant powered by

416
00:23:15,779 --> 00:23:19,809
American energy, built and operated by an incredibly hardworking and

417
00:23:19,809 --> 00:23:24,480
talented American workforce. Mr. President, this plant will use the

418
00:23:24,480 --> 00:23:28,360
latest technology and will compete head-to-head with any steel plant

419
00:23:28,360 --> 00:23:32,200
in the world on size, quality, and on cost. This

420
00:23:32,200 --> 00:23:34,730
project writes the next chapter for our company and our

421
00:23:34,730 --> 00:23:37,349
family, and it is your policy and your own leadership's,

422
00:23:37,349 --> 00:23:40,240
Mr. President, that I made this possible. Thank you, sir.

423
00:23:40,450 --> 00:23:42,299
There you go. Now, of course you didn't hear about

424
00:23:42,299 --> 00:23:44,460
it because, you know, there's a million other important things

425
00:23:44,460 --> 00:23:48,539
going on in the world. Like, I don't know. There's

426
00:23:48,539 --> 00:23:49,590
a lot of. Well, can I just talk to you

427
00:23:49,590 --> 00:23:51,019
about something about this? Can we continue with this for

428
00:23:51,019 --> 00:23:55,869
a second? Yeah, sure. So Prashant Rui, Rav Ruiya, Rajiv

429
00:23:55,869 --> 00:24:00,849
Agawal. Panak, Kharah, Deepak, Mashwara. What do they all have

430
00:24:00,849 --> 00:24:04,440
in common? They are all in the steel industry. They're

431
00:24:04,440 --> 00:24:07,570
all the directors of SR or managing directors or the

432
00:24:07,570 --> 00:24:11,799
hydrogen power CEO. All these guys. They're bringing the money.

433
00:24:13,920 --> 00:24:18,490
Isn't it interesting that I was involved? So close to

434
00:24:18,490 --> 00:24:24,429
the midterms. Well, hello. This is what you do, of

435
00:24:24,429 --> 00:24:26,960
course. This is clearly what you do. Again, just to

436
00:24:26,960 --> 00:24:30,019
continue the reality check of what we're talking about. Oh,

437
00:24:30,019 --> 00:24:33,000
well, of course. And if you listen to the local...

438
00:24:33,009 --> 00:24:37,289
The local media in Iowa, well, well, you know. President

439
00:24:37,289 --> 00:24:40,789
Trump stood in the Oval Office yesterday and announced what

440
00:24:40,789 --> 00:24:44,250
he called a done deal, a $15 billion steel plant

441
00:24:44,250 --> 00:24:47,789
in Lee County. But tonight, TV6 Investigates has found the

442
00:24:47,789 --> 00:24:51,900
administration's claims about the project don't match reality. That's iffy.

443
00:24:51,980 --> 00:24:55,019
On the ground, investigative reporter Matt Christian. and has been

444
00:24:55,019 --> 00:24:58,579
digging into land records, permits, and the fine print. Well,

445
00:24:58,579 --> 00:25:01,369
what do we say, Matt? It's billed as a game

446
00:25:01,369 --> 00:25:05,450
changer for Iowa's economy. Backers say the plant will produce

447
00:25:05,450 --> 00:25:08,639
10 million tons of steel by 2030. Enough to make

448
00:25:08,639 --> 00:25:13,039
Iowa the nation's number two steel producer. Mesabi Metallics, the

449
00:25:13,039 --> 00:25:16,639
India-based company behind the plan, says it would create 5,000

450
00:25:16,639 --> 00:25:21,099
to 6,000 construction jobs and about 1,700 permanent Iowa jobs.

451
00:25:21,099 --> 00:25:24,269
At the White House on Monday, Commerce Secretary Howard Lutnick

452
00:25:24,269 --> 00:25:28,000
and President Trump described a project that's already moving. No,

453
00:25:28,000 --> 00:25:30,679
I think this deal is done. This deal is done.

454
00:25:30,679 --> 00:25:32,400
They've already worked it out. That's why we're all together

455
00:25:32,400 --> 00:25:35,679
with the president. The president doesn't bring people together unless

456
00:25:35,679 --> 00:25:38,299
it's a done deal. You guys know that already. You

457
00:25:38,299 --> 00:25:42,829
already started building. That's not true. TV6 investigates reviewed Lee

458
00:25:42,829 --> 00:25:46,309
County land records. We found no major property purchases tied

459
00:25:46,309 --> 00:25:49,429
to the project this year. County officials say they don't

460
00:25:49,429 --> 00:25:52,279
have details from the company about its plans, No permits

461
00:25:52,279 --> 00:25:55,000
have been filed. Oh, well, there you go. This is

462
00:25:55,000 --> 00:25:57,000
what's great about audio, by the way. We have a

463
00:25:57,000 --> 00:26:00,250
guy that's telling this thing, it's not true. The ability

464
00:26:00,250 --> 00:26:03,599
to listen to the... to the way people speak and

465
00:26:03,599 --> 00:26:06,759
their intonations versus having to watch it. I mean, that

466
00:26:06,759 --> 00:26:10,440
guy definitely had a nasal problem. Yeah. Yes, for sure.

467
00:26:10,480 --> 00:26:12,299
Not to mention the fact, by the way, that North

468
00:26:12,299 --> 00:26:14,909
American leader in, in Patriot pellets or in pellets is

469
00:26:14,909 --> 00:26:19,000
Cleveland Clips, a U S firm. Clearly, um, in, in,

470
00:26:19,259 --> 00:26:21,909
In Brazil, there are leaders there as well. Vale is

471
00:26:21,909 --> 00:26:23,740
one of them. But we have other producers around the

472
00:26:23,740 --> 00:26:27,450
world, Bahrain, Sweden, all sorts of places. So the idea

473
00:26:27,450 --> 00:26:31,470
that we're buying only from and the – Well, the

474
00:26:31,470 --> 00:26:32,940
context of the trying to tell the story from them.

475
00:26:33,139 --> 00:26:35,639
Is that the pellets? The pellets. The pellets. Where did

476
00:26:35,639 --> 00:26:38,320
we get the pellets? Cleveland Cliffs is the largest producer

477
00:26:38,320 --> 00:26:41,659
of iron ore pellets in North America. But that's not

478
00:26:41,659 --> 00:26:45,259
Patriot pellets. That's Cleveland Clumps. It's very different. They're very

479
00:26:45,259 --> 00:26:49,409
different products. Got to write that one down. Yeah, I

480
00:26:49,409 --> 00:26:51,440
was going. You need a bell on that. Where's the

481
00:26:51,440 --> 00:26:53,230
bell? No. There it is. Ring of bell on that

482
00:26:53,230 --> 00:26:57,099
one. Cleveland clumps. But this is what you do here.

483
00:26:57,179 --> 00:26:59,539
The whole thing of what you're doing and what's great

484
00:26:59,539 --> 00:27:01,980
about this and what's great about the people are just

485
00:27:01,980 --> 00:27:05,329
not reporting the news is that the deconstruction part or

486
00:27:05,329 --> 00:27:08,349
the – it's not just for the entertainment values, I

487
00:27:08,349 --> 00:27:10,980
see it. It's for the education value. Well, sure. Sure.

488
00:27:11,159 --> 00:27:13,519
You look at what Hassett talks about, right? So tomorrow,

489
00:27:13,519 --> 00:27:15,860
a big day is coming out. You have the jobs

490
00:27:15,860 --> 00:27:19,759
number, the Bureau of Labor Statistics. Before you go there,

491
00:27:19,759 --> 00:27:23,320
let me just talk about the inflation numbers with you.

492
00:27:23,820 --> 00:27:27,259
Okay. So it's the PCE. What does that stand for,

493
00:27:27,259 --> 00:27:34,369
PCE? PCE is the personal consumption expenditures. Okay. So the

494
00:27:34,369 --> 00:27:38,940
PCE numbers like, wow, this is great. It's three-tenths lower.

495
00:27:39,099 --> 00:27:42,409
Who expected it? We didn't know. Come to find, they

496
00:27:42,409 --> 00:27:45,710
used a whole new way of calculating the numbers going

497
00:27:45,710 --> 00:27:50,630
back to 2021. Okay. Yes. They already knew this. There

498
00:27:50,630 --> 00:27:52,659
is a, John and I, we talk about this all

499
00:27:52,659 --> 00:27:54,980
the time. There's a movie that Jerry Lewis had called

500
00:27:54,980 --> 00:27:58,220
Don't Raise the Bridge, Lower the Water. And this is

501
00:27:58,220 --> 00:28:01,079
kind of what happens. If you don't like the statistical

502
00:28:01,079 --> 00:28:04,849
results, what you do is you change the methodology. There's

503
00:28:04,849 --> 00:28:08,789
a website called Shadow stats. John Williams. Shadowstats.com, yep. You

504
00:28:08,789 --> 00:28:10,900
know him, right? John Williams, an old guy. He's supposed

505
00:28:10,900 --> 00:28:12,150
to be on the show recently. I don't know if

506
00:28:12,150 --> 00:28:15,039
something's going on with his eyesight or something. He keeps

507
00:28:15,039 --> 00:28:19,000
the methodology identical from what it was back in 1980

508
00:28:19,000 --> 00:28:21,860
for a lot of his various series. So the inflation

509
00:28:21,860 --> 00:28:24,000
series, we'll see where it is. If we follow the

510
00:28:24,000 --> 00:28:27,340
inflation series back to that point, I don't know, we're

511
00:28:27,340 --> 00:28:30,200
somewhere at like – a 10% inflation rate right now.

512
00:28:30,960 --> 00:28:34,360
But since they didn't like the fact that the rental,

513
00:28:35,119 --> 00:28:37,559
the real estate pricing, the real estate pricing they used

514
00:28:37,559 --> 00:28:39,059
and they don't want to use that and they take

515
00:28:39,059 --> 00:28:41,409
it out. And my favorite thing, It's when they say

516
00:28:41,409 --> 00:28:44,950
ex-food and energy. Inflation, ex-food and energy is flat. Core

517
00:28:44,950 --> 00:28:48,659
inflation. Because we don't drive, we don't eat. No, we

518
00:28:48,659 --> 00:28:52,329
don't need to eat. Okay, so it's obviously, it is

519
00:28:52,329 --> 00:28:55,590
clearly, clearly a scam. But the jobs numbers, and I

520
00:28:55,590 --> 00:28:58,190
guess you probably, yes, you have clips. So the jobs

521
00:28:58,190 --> 00:29:02,519
numbers, my problem with that is, It's completely unreliable because,

522
00:29:02,519 --> 00:29:05,000
you know, in a month from now, like, you know,

523
00:29:05,000 --> 00:29:09,740
the jobs numbers, we're restating them, you know, was either

524
00:29:09,740 --> 00:29:13,480
over or under. It's like they're always restating them. This

525
00:29:13,480 --> 00:29:16,299
is this. I don't understand how that works. Don't they

526
00:29:16,299 --> 00:29:19,869
just have. You know, a database and out pops the

527
00:29:19,869 --> 00:29:23,019
number. Why? Why is it always being restated other than

528
00:29:23,019 --> 00:29:26,619
for investment scam purposes or investment scam or political benefit

529
00:29:26,619 --> 00:29:29,329
of making it look good? I think they have a

530
00:29:29,329 --> 00:29:33,029
really outdated model. They use some birth and death models

531
00:29:33,029 --> 00:29:36,190
for things like businesses and employment. Some of the ways

532
00:29:36,190 --> 00:29:38,860
they use it, like ADP uses payroll numbers, which seems

533
00:29:38,860 --> 00:29:40,740
like a way to do it for me. You've got

534
00:29:40,740 --> 00:29:43,369
the payroll companies around the world, around the country that

535
00:29:43,369 --> 00:29:47,029
are doing this. When it comes to the government, which

536
00:29:47,029 --> 00:29:51,740
just by their very nature, they're inept. Yeah, of course.

537
00:29:51,740 --> 00:29:56,409
The ability to collect this data. is somehow very difficult.

538
00:29:56,409 --> 00:29:59,980
It's a timeless issue, and they're very

539
00:30:00,059 --> 00:30:03,829
Why don't we just ask Facebook? Ask Meta. They'll tell

540
00:30:03,829 --> 00:30:05,859
you who has a job and who doesn't. I mean,

541
00:30:05,859 --> 00:30:09,119
it seems very easy to get all that information. They

542
00:30:09,119 --> 00:30:11,559
can't do it. And then they even go so far

543
00:30:11,559 --> 00:30:15,700
as once a year doing a seasonal adjustment, readjusting. We

544
00:30:15,700 --> 00:30:20,380
had like an 800,000 or 900,000 job differential a few

545
00:30:20,380 --> 00:30:23,660
months ago. That was lower than the expectation was, but

546
00:30:23,660 --> 00:30:27,160
they bury that, right? And this is how it goes.

547
00:30:27,279 --> 00:30:31,109
The market, if the market doesn't know, it's all about

548
00:30:31,109 --> 00:30:34,650
the market. Yeah. If the market doesn't know something happened

549
00:30:34,650 --> 00:30:37,970
a year ago, right? Something terrible happens, but the market

550
00:30:37,970 --> 00:30:40,400
doesn't know, they don't react. And then when they can

551
00:30:40,400 --> 00:30:43,089
come out with that, they have their ability to release

552
00:30:43,089 --> 00:30:47,630
the information now because we could we could steal. But

553
00:30:47,630 --> 00:30:50,569
here's the thing. You're clearly on the inside because, you

554
00:30:50,569 --> 00:30:54,000
know, you're you're making Tina's numbers grow bigger than it

555
00:30:54,000 --> 00:30:57,250
would in the bank. So clearly you've got an inside

556
00:30:57,250 --> 00:31:01,490
track or what is your what is your formula? The

557
00:31:01,490 --> 00:31:03,779
formula is we go out and we hit him in

558
00:31:03,779 --> 00:31:06,279
the mouth. I do. I hit him in the mouth.

559
00:31:06,359 --> 00:31:10,079
All these economists, I hit him in the mouth. It

560
00:31:10,079 --> 00:31:15,680
is to be skeptical, understand that this information is usable,

561
00:31:15,680 --> 00:31:19,759
but it is not necessarily investable and understand the bigger

562
00:31:19,759 --> 00:31:23,960
picture, what people doing, the psychology of money. the behavioral

563
00:31:23,960 --> 00:31:27,880
finance part of all this is really the backbone what

564
00:31:27,880 --> 00:31:29,619
it it's taken me by the way many years to

565
00:31:29,619 --> 00:31:31,359
figure this out because at first like oh we got

566
00:31:31,359 --> 00:31:33,990
a bad employment number sell everything you're like we've got

567
00:31:33,990 --> 00:31:37,650
the golden cross we're above the 50-day moving average exactly

568
00:31:37,650 --> 00:31:40,960
get get out get in you know it'd be every

569
00:31:40,960 --> 00:31:44,470
day you'd be moving back forth the thing is that

570
00:31:44,470 --> 00:31:47,529
i think with the time that I've looked at all

571
00:31:47,529 --> 00:31:50,980
of this and understanding by the way that the government

572
00:31:50,980 --> 00:31:54,980
has a desire to keep things going no matter what,

573
00:31:54,980 --> 00:31:58,160
no matter how many trillions of dollars they're going to

574
00:31:58,160 --> 00:32:01,029
backstop this with and ruin our economy, ruin the country,

575
00:32:01,029 --> 00:32:05,079
ruin the debt, ruin the dollar. And I Everybody has

576
00:32:05,079 --> 00:32:07,940
a vested interest, including the company. So we have to

577
00:32:07,940 --> 00:32:11,119
understand. One time I was in – brings me back

578
00:32:11,119 --> 00:32:13,599
to a story. One time I was in Costa Rica.

579
00:32:13,460 --> 00:32:15,720
and I was with Jill and we were riding around

580
00:32:15,720 --> 00:32:18,200
I was with five chicks in Costa Rica yeah I

581
00:32:18,200 --> 00:32:20,829
was with Jill and we're riding a horse it was

582
00:32:20,829 --> 00:32:24,639
bareback actually we had the what is it so you're

583
00:32:24,639 --> 00:32:27,289
barebacking Jill on a horse I'm sorry I was I

584
00:32:27,289 --> 00:32:29,369
got you okay I'm with you and she's on a

585
00:32:29,369 --> 00:32:30,660
horse I'm on a horse I had to be as

586
00:32:30,660 --> 00:32:33,259
my guide it's like the Jack Palance of Costa Rica

587
00:32:33,259 --> 00:32:36,779
okay we're going around this mountain, this very thin path,

588
00:32:36,860 --> 00:32:40,460
and Jill is freaking out. She says to me, the

589
00:32:40,460 --> 00:32:43,200
horse, I'm getting off the horse. The horse is going

590
00:32:43,200 --> 00:32:45,349
to fall off the mountain. And I said, look, the

591
00:32:45,349 --> 00:32:47,630
horse doesn't want to fall off the mountain just as

592
00:32:47,630 --> 00:32:49,259
badly as you don't want to fall off the mountain.

593
00:32:49,259 --> 00:32:52,849
Hang on to the horse. It's the same thing with

594
00:32:52,849 --> 00:32:57,180
these markets. You're making me cry. Because I know, Jill,

595
00:32:57,180 --> 00:33:03,819
I can just hear like, Andrew, Andrew, the horse. Okay.

596
00:33:04,619 --> 00:33:06,860
So now I say it's the same thing with investing.

597
00:33:06,980 --> 00:33:09,019
You hold on to the horse. The markets, the companies

598
00:33:09,019 --> 00:33:10,819
don't want to go down. The government doesn't want it

599
00:33:10,819 --> 00:33:12,279
to go down. The investors don't want to go down.

600
00:33:12,819 --> 00:33:14,940
That doesn't mean it always goes up and you've got

601
00:33:14,940 --> 00:33:16,839
to watch for those signals. Yeah. You've got to watch

602
00:33:16,839 --> 00:33:18,670
for when it's going to be a problem time where

603
00:33:18,670 --> 00:33:21,319
when, for example, in March, when I saw what was

604
00:33:21,319 --> 00:33:23,759
happening last March – We pulled out a lot of

605
00:33:23,759 --> 00:33:26,440
our what's called duration. We moved our bond holdings much

606
00:33:26,440 --> 00:33:29,360
differently, seeing that there was going to be an inflationary

607
00:33:29,360 --> 00:33:32,380
environment. And that saved us all that downstroke where we're

608
00:33:32,380 --> 00:33:35,460
seeing the 30-year bond is the highest it's been today.

609
00:33:35,639 --> 00:33:37,690
It turned around a little bit, but highest it was

610
00:33:37,690 --> 00:33:41,839
since 2002. It's not helping the mortgage market, the real

611
00:33:41,839 --> 00:33:45,119
estate market. And, you know, all the things that we've

612
00:33:45,119 --> 00:33:48,400
discussed on DH and Plug with circular financing of companies,

613
00:33:48,400 --> 00:33:50,910
all that stuff that I've been harping on for the

614
00:33:50,910 --> 00:33:53,309
last six months, we kind of make sure to stay

615
00:33:53,309 --> 00:33:56,670
away from that or move somewhere else to benefit. So

616
00:33:56,670 --> 00:33:58,579
you have to – it's like tea leaves in a

617
00:33:58,579 --> 00:34:02,789
way. And maybe only certain people can read those. I

618
00:34:02,789 --> 00:34:05,440
don't know. I'm not saying I'm the best by far,

619
00:34:05,440 --> 00:34:09,789
not the best. But you have to understand that there's

620
00:34:09,789 --> 00:34:13,539
a lot of static that comes across with all of

621
00:34:13,539 --> 00:34:19,000
these readings from the economic reports. And even from corporate

622
00:34:19,000 --> 00:34:22,179
earnings reports. I know for a fact. Oh, dude, I

623
00:34:22,179 --> 00:34:24,429
remember. Let me just tell you a story. When we

624
00:34:24,429 --> 00:34:27,230
had Think No Ideas, it was public. It was the

625
00:34:27,230 --> 00:34:29,869
first company I had with Ron Blue. And so we

626
00:34:29,869 --> 00:34:35,559
had an analyst from, I think, the underwriter. And, you

627
00:34:35,559 --> 00:34:39,199
know, the analyst is there to provide coverage. And it

628
00:34:39,199 --> 00:34:41,639
was some Indian dude. He was a nice enough guy,

629
00:34:41,639 --> 00:34:43,529
but we just... We just go in there and we

630
00:34:43,529 --> 00:34:45,679
just say, oh, man, we're doing so great with our

631
00:34:45,679 --> 00:34:51,320
advanced network analysis language, the locally managed network operating protocol.

632
00:34:51,579 --> 00:34:54,480
It's all it's really so. And he'd be writing this

633
00:34:54,480 --> 00:34:59,480
down, anal, LMNOP, you know, and he would provide guidance.

634
00:34:59,579 --> 00:35:00,970
Oh, these guys are going to knock it out of

635
00:35:00,970 --> 00:35:04,059
the park. It was stupid. It was completely stupid. It

636
00:35:04,059 --> 00:35:08,789
meant nothing. And I know for a fact that there

637
00:35:08,789 --> 00:35:13,090
are a lot of the presidents, vice presidents, CEOs, that

638
00:35:13,090 --> 00:35:17,750
during their commentary on their earnings call, which is live,

639
00:35:17,750 --> 00:35:20,860
are watching their stocks. Oh, of course. And how it's

640
00:35:20,860 --> 00:35:23,699
moving. Yeah. And then readjusting like another paper comes out

641
00:35:23,699 --> 00:35:26,119
and goes in. Oh, don't talk about that. Yeah. And

642
00:35:26,119 --> 00:35:27,800
all of a sudden, how's this, you know, in the

643
00:35:27,800 --> 00:35:29,420
ear, how's the stock? How's the stock? How's the stock?

644
00:35:29,500 --> 00:35:30,920
Oh, it's moving up on that. Keep on that one.

645
00:35:31,059 --> 00:35:33,220
Keep on that page. Stay on that. Yeah. Oh, wow.

646
00:35:34,059 --> 00:35:36,070
Let's play these jobs clips to set it up. What

647
00:35:36,070 --> 00:35:38,529
do you got? So this is the process. So this

648
00:35:38,529 --> 00:35:41,389
is the, again, tomorrow's a number coming out, but. This

649
00:35:41,389 --> 00:35:43,510
is Kevin Hassett, which I've always said, again, if you

650
00:35:43,510 --> 00:35:47,059
listen to DHL Plugged, a man with an ill-fitting shirt.

651
00:35:48,739 --> 00:35:51,720
He's a total nerd. He's a total nerd. He doesn't

652
00:35:51,720 --> 00:35:54,989
look very clued in, honestly. No, he looks like a

653
00:35:54,989 --> 00:35:58,199
– he's something out of – he looks like –

654
00:35:58,349 --> 00:36:01,579
He's he could be Janet Yellen's son. You know, he

655
00:36:01,579 --> 00:36:04,699
looks like and I think he's the chairman of the

656
00:36:04,699 --> 00:36:08,539
president's economic advisory board. I think is that that's who

657
00:36:08,539 --> 00:36:13,029
he is. Yeah. You ever watch Ted Lasso? Yeah. So

658
00:36:13,029 --> 00:36:17,179
the guy Higgins, who's the who's the office manager of

659
00:36:17,179 --> 00:36:20,360
the of the football club? Okay, I go with that.

660
00:36:20,500 --> 00:36:22,590
That's what Hassert looks like and acts like to me,

661
00:36:22,590 --> 00:36:24,960
like this little scaredy cat guy. He's in books, and

662
00:36:24,960 --> 00:36:27,539
he comes out and goes, oh, yeah, everything is great.

663
00:36:27,639 --> 00:36:30,519
He's fantastic. It's all good. So he comes out because

664
00:36:30,519 --> 00:36:33,150
he gets that morning after CNBC and Bloomberg and all

665
00:36:33,150 --> 00:36:35,559
these guys. They go to him. He's the Council of

666
00:36:35,559 --> 00:36:38,289
Economic Advisors. They go to talk to him. He's standing

667
00:36:38,289 --> 00:36:40,420
on the White House lawn, usually. Right, so he's the

668
00:36:40,420 --> 00:36:43,420
guy. the July numbers that come out and his commentary.

669
00:36:43,720 --> 00:36:46,849
The council director, Kevin Hassett, on the decline of thousands

670
00:36:46,849 --> 00:36:49,409
of jobs in July. Oh, is this C-SPAN? It sounds

671
00:36:49,409 --> 00:36:52,510
like C-SPAN. I don't know. That's good. That's good. According

672
00:36:52,510 --> 00:36:54,970
to the latest jobs report, we'll also hear him address

673
00:36:54,970 --> 00:36:57,529
concerns about the impact of the U.S.-Iran war on the

674
00:36:57,529 --> 00:37:00,079
American economy. Don't know. This is just under 10 minutes.

675
00:37:00,119 --> 00:37:06,750
Yeah, C-SPAN for sure. *thud* Tight, Andrew. Tight clip. Thank

676
00:37:06,750 --> 00:37:10,599
you. Thank you. Well done. Here it comes. I'm hearing

677
00:37:10,599 --> 00:37:15,559
noise. Here he goes. Where is this? What are you

678
00:37:15,559 --> 00:37:17,750
doing? I don't know. This is the clip. Oh, that's

679
00:37:17,750 --> 00:37:20,730
awesome. What's the turkey to say? Are all your clips

680
00:37:20,730 --> 00:37:26,050
out of phase? I don't think so. Hold on. Let

681
00:37:26,050 --> 00:37:28,820
me see if I can fix that. Wait, what's happening?

682
00:37:28,900 --> 00:37:32,840
I don't know. All I'm hearing is background. Hey, guys.

683
00:37:32,840 --> 00:37:37,360
Until I... start getting overheated. I said I'd take a

684
00:37:37,360 --> 00:37:39,900
few questions. Oh, there he is. We'll see how long

685
00:37:39,900 --> 00:37:41,699
I can handle this. This shouldn't be that long. This

686
00:37:41,699 --> 00:37:43,679
should have been clipped right. Thanks a lot, Kevin. What

687
00:37:43,679 --> 00:37:46,019
do you make of the new numbers as it relates

688
00:37:46,019 --> 00:37:49,840
to the labor department's employment numbers, some negative growth as

689
00:37:49,840 --> 00:37:53,260
it relates to employment? Right. Well, first of all, the

690
00:37:53,260 --> 00:37:56,500
momentum in the economy continues to be strong. We see

691
00:37:56,500 --> 00:38:01,329
durable goods orders, capital spending through the roof. People aren't

692
00:38:01,329 --> 00:38:04,159
being laid off. Initial claims to unemployment insurance are about

693
00:38:04,159 --> 00:38:06,300
the lowest they've had since World War II. And so

694
00:38:06,300 --> 00:38:08,220
when you see a number like that, it seems like

695
00:38:08,220 --> 00:38:12,500
it's dissonant. Okay. All right. So this is him denying

696
00:38:12,500 --> 00:38:15,769
and talking about durable goods for some reason versus the

697
00:38:15,769 --> 00:38:20,279
whole thing, right? And talking about... All sorts of items

698
00:38:20,279 --> 00:38:23,110
and aberrations. That was the July one, right? And goes

699
00:38:23,110 --> 00:38:26,869
there. Then he comes into August and... I don't know

700
00:38:26,869 --> 00:38:29,389
what's about to happen when you play this, but... It

701
00:38:29,389 --> 00:38:31,699
looks better. The waveform looks better. It should be okay.

702
00:38:31,840 --> 00:38:34,769
He goes into August... when there's a better number out,

703
00:38:34,769 --> 00:38:37,338
right? So, and then he starts with this. We're all

704
00:38:37,338 --> 00:38:40,538
kind of bracing for maybe a softer number after ADP,

705
00:38:40,818 --> 00:38:43,148
after some of the Jolts hiring rates figures earlier in

706
00:38:43,148 --> 00:38:45,720
the week. What do you think flipped the switch? Well,

707
00:38:45,720 --> 00:38:48,110
you know, last time we talked about how there was

708
00:38:48,110 --> 00:38:49,760
a bad number, but a lot of it was sort

709
00:38:49,760 --> 00:38:52,460
of seasonal stuff with teachers. So I was kind of

710
00:38:52,460 --> 00:38:55,699
expecting a pretty good number. good number because I thought

711
00:38:55,699 --> 00:38:58,199
there'd be a bounce back on that. But this number

712
00:38:58,199 --> 00:39:01,199
was way, way better than I expected. And it wasn't

713
00:39:01,199 --> 00:39:04,179
just me. We went back and looked and 77 people

714
00:39:04,179 --> 00:39:08,779
posted their forecast at Bloomberg and this blew past everybody.

715
00:39:08,779 --> 00:39:12,340
So this number was above anybody's forecast. And by a

716
00:39:12,340 --> 00:39:15,840
lot, it was four standard deviations above the mean. And

717
00:39:15,840 --> 00:39:18,059
so it's a really blockbuster number. And then when you're

718
00:39:18,059 --> 00:39:19,860
trying to say, well, why did it happen? If you

719
00:39:19,860 --> 00:39:22,059
dig down, then what you can see is that there's

720
00:39:22,059 --> 00:39:25,139
a lot of policy success underneath it all. And so

721
00:39:25,139 --> 00:39:28,460
capital spending is through the roof. It's getting set to

722
00:39:28,460 --> 00:39:32,179
about double since President Trump took office relative to GDP.

723
00:39:32,860 --> 00:39:36,360
And you're seeing the construction of factories through the roof,

724
00:39:36,360 --> 00:39:38,710
so employment. One of the most interesting things to me

725
00:39:38,710 --> 00:39:41,380
in the data is that since President Trump took office,

726
00:39:41,539 --> 00:39:44,380
employment for people who are building factories has gone up

727
00:39:44,380 --> 00:39:47,440
by 90,000. So think about how many future jobs that's

728
00:39:47,440 --> 00:39:52,500
going to create. Yeah, well, I mean, first of all,

729
00:39:52,500 --> 00:39:55,980
there was a 100% one year write-off of all capital

730
00:39:55,980 --> 00:39:58,860
expenditures, so it seems like they spiked the numbers with

731
00:39:58,860 --> 00:40:02,449
that. Well, the massive swings in the timing of school

732
00:40:02,449 --> 00:40:07,079
years between July and August, local government... Education payrolls actually

733
00:40:07,079 --> 00:40:09,449
crashed by 58,000 in July, but all came back in

734
00:40:09,449 --> 00:40:12,849
August. He doesn't talk about that. Oh, okay, because everyone's

735
00:40:12,849 --> 00:40:15,409
off. I got you. Right, and then July distortions, the

736
00:40:15,409 --> 00:40:17,480
World Cup, there was a whole thing there. They were

737
00:40:17,480 --> 00:40:20,329
reversed. It was weird hiring that went on with restaurants

738
00:40:20,329 --> 00:40:23,340
and things like that during the World Cup. That was

739
00:40:23,340 --> 00:40:26,800
in the early summer, not discussed as it was expected.

740
00:40:26,909 --> 00:40:30,179
Huge impact. And then if you actually look deeper into

741
00:40:30,179 --> 00:40:35,730
all of this, what was interesting was that LinkedIn, indeed

742
00:40:35,730 --> 00:40:40,230
hiring, they talked about a spike representing isolated rebound from

743
00:40:40,230 --> 00:40:44,480
earlier summer weakness rather than a shifting long term trend.

744
00:40:44,480 --> 00:40:48,460
So the first one he comes in. discusses not labor

745
00:40:48,460 --> 00:40:51,760
but the durable goods orders okay right say the second

746
00:40:51,760 --> 00:40:55,320
one pat on the back policy Oh, my God. Trump

747
00:40:55,320 --> 00:40:58,029
is doing a great job. We have it. That was

748
00:40:58,029 --> 00:41:00,710
a discount the whole old. So that's this is the

749
00:41:00,710 --> 00:41:02,570
kind of setup that you get. You have to know

750
00:41:02,570 --> 00:41:04,460
what to listen to and who to listen to. So

751
00:41:04,460 --> 00:41:06,429
what do you take away from this? What is your

752
00:41:06,429 --> 00:41:10,849
crap? Oh, crap. OK, let me invest on that. By

753
00:41:10,849 --> 00:41:13,429
the way, you're going to be competing now with every

754
00:41:13,429 --> 00:41:16,050
every snot nose with a Robin Hood account. now that

755
00:41:16,050 --> 00:41:19,429
they're going to have AI trading in Robinhood. Have you

756
00:41:19,429 --> 00:41:22,470
been following that? Of course. I mean, we've looked into

757
00:41:22,470 --> 00:41:25,779
this idea as well. Listen, back years ago, I tried

758
00:41:25,779 --> 00:41:28,480
to set up neuro... Oh, I tried this. Linguistic, blah,

759
00:41:28,480 --> 00:41:31,710
blah, blah. Oh, yeah. It works... It works until you

760
00:41:31,710 --> 00:41:36,720
push the live button. It always works on historical data.

761
00:41:37,039 --> 00:41:40,599
See, my app would have completely made me a billionaire

762
00:41:40,599 --> 00:41:42,690
on this historical data, and then you do it on

763
00:41:42,690 --> 00:41:46,039
real data, and it's like, what? What does that happen?

764
00:41:46,300 --> 00:41:48,400
I'm telling you, I spent months working on things, and

765
00:41:48,400 --> 00:41:50,489
as soon as I clicked the switch, I'm like, wait,

766
00:41:50,489 --> 00:41:52,320
is that – what does that sound? What is it?

767
00:41:52,539 --> 00:41:55,340
That's my wallet trading. That's what my sound is. Yeah,

768
00:41:55,340 --> 00:41:59,079
exactly. Well, what? They just had a secondary offering? What

769
00:41:59,079 --> 00:42:03,340
happened to my stock? It's the AI side of it.

770
00:42:03,679 --> 00:42:05,889
What's going to end up happening is that everybody's going

771
00:42:05,889 --> 00:42:07,940
to jump on board with this, and you're going to

772
00:42:07,940 --> 00:42:11,779
see AIs fighting AIs. No different. than we've had beforehand

773
00:42:11,779 --> 00:42:15,179
with algorithm trading, algorithmic trading. Yeah. That's a big thing.

774
00:42:15,539 --> 00:42:17,779
Computers trading now, the idea that we can hold up

775
00:42:17,779 --> 00:42:20,630
a certain part of the market while selling off another

776
00:42:20,630 --> 00:42:24,320
one to make liquidation happen, but yet not hurt the

777
00:42:24,320 --> 00:42:28,599
index. Thereby, I can trade underneath. Hold index or options

778
00:42:28,599 --> 00:42:31,980
on the index and hold my position while I'm liquidating

779
00:42:31,980 --> 00:42:33,449
on the other side. There's all sorts of fun things

780
00:42:33,449 --> 00:42:35,840
that happen in this market. But no matter what we

781
00:42:35,840 --> 00:42:40,050
say for the next however long discussion today, the market

782
00:42:40,050 --> 00:42:43,710
in the world is one of the single best creators

783
00:42:43,710 --> 00:42:47,320
of wealth there is. So we have to remember that.

784
00:42:47,500 --> 00:42:50,489
No, there you go. There you go. As much as

785
00:42:50,489 --> 00:42:53,320
we may hate it. Who needs Patriot pellets when you

786
00:42:53,320 --> 00:42:56,750
got Horowitz and Fort Lauderdale? Yeah. There you go. There

787
00:42:56,750 --> 00:42:59,420
you go. There's also, I mean, but again, I'm always

788
00:42:59,420 --> 00:43:06,360
looking for where the BS is. So, um... So there's

789
00:43:06,360 --> 00:43:12,179
big concern about the higher cost of capital, right? And

790
00:43:12,179 --> 00:43:16,279
that's going to hit our pocketbooks. And I'll just translate.

791
00:43:16,420 --> 00:43:19,860
That means borrowing money. Borrowing money is much more difficult.

792
00:43:20,059 --> 00:43:22,519
Housing prices are still elevated. Can I play some clips

793
00:43:22,519 --> 00:43:26,980
here? Sure. Sure. I've got two here from CNBC. This

794
00:43:26,980 --> 00:43:30,269
was an analyst about people's savings. In the last three

795
00:43:30,269 --> 00:43:34,220
or four years, values have deteriorated with the rise of

796
00:43:34,220 --> 00:43:38,400
interest rates. And I think values, depending on the property

797
00:43:38,400 --> 00:43:41,670
type, could be as much as 50 percent in some

798
00:43:41,670 --> 00:43:44,880
– but on average, I'd say about 20 percent. Loss

799
00:43:44,880 --> 00:43:48,329
of value. He's talking about commercial real estate. Now, where

800
00:43:48,329 --> 00:43:52,639
that is playing into the business is the fact that.

801
00:43:52,779 --> 00:43:55,789
This guy's very dynamic. I'm sorry. There's a wall of

802
00:43:55,789 --> 00:43:59,099
free financing that has to be done. The number I

803
00:43:59,099 --> 00:44:04,800
saw was about $750 billion in the next two years.

804
00:44:04,900 --> 00:44:08,139
That's kind of crazy. Does that scare you? If I

805
00:44:08,139 --> 00:44:12,050
had debt, I would be petrified. If I had debt,

806
00:44:12,050 --> 00:44:18,849
I'd be petrified. Why? The extend and pretend party is

807
00:44:18,849 --> 00:44:23,610
over, and banks are being more aggressive about either selling

808
00:44:23,610 --> 00:44:29,960
off the loans or... trying to dispose of the assets

809
00:44:29,960 --> 00:44:34,119
one way or the other. And so for ownership, the

810
00:44:34,119 --> 00:44:36,970
truth is that, you know, the rubber hit the road

811
00:44:36,970 --> 00:44:40,980
now and there's going to be a lot of... opportunities

812
00:44:40,980 --> 00:44:43,590
and also a lot of heartache as a result of

813
00:44:43,590 --> 00:44:47,050
this. So that's commercial, but now the individual. A lot

814
00:44:47,050 --> 00:44:50,320
of people are focused on affordability and how they're paying

815
00:44:50,320 --> 00:44:52,900
for everything. And your report has an increasing number of

816
00:44:52,900 --> 00:44:56,269
households that are supporting their spending by drawing on their

817
00:44:56,269 --> 00:44:59,960
investments. Tell me a little bit about that. That's right.

818
00:45:00,030 --> 00:45:02,409
I think a lot of people have the sense that

819
00:45:02,409 --> 00:45:04,610
with the stock market going up so much, it must

820
00:45:04,610 --> 00:45:07,440
have something to do with consumer spending. But a lot

821
00:45:07,440 --> 00:45:10,309
of people don't have a sense of exactly what households

822
00:45:10,309 --> 00:45:13,500
are doing. Families like yours, families like mine. And that's

823
00:45:13,500 --> 00:45:15,909
one of the really distinctive features of our data is

824
00:45:15,909 --> 00:45:17,969
it lets us really see in a granular way what's

825
00:45:17,969 --> 00:45:21,920
happening with everyday households. And so... What we did was

826
00:45:21,920 --> 00:45:25,679
we looked at investment accounts to see how much money

827
00:45:25,679 --> 00:45:28,309
was coming out of those investment accounts, going into checking

828
00:45:28,309 --> 00:45:30,510
accounts where people can spend that money as a way

829
00:45:30,510 --> 00:45:32,840
to get a lens on this question. We found two

830
00:45:32,840 --> 00:45:37,090
really interesting things. One... The frequency in which people are

831
00:45:37,090 --> 00:45:39,099
pulling money out and the amount of money coming out

832
00:45:39,099 --> 00:45:41,369
of those accounts to fund that spending has gone up

833
00:45:41,369 --> 00:45:46,730
nearly doubled really since 2019 to 2026. And then two,

834
00:45:46,730 --> 00:45:49,960
we found there's some really important differences in terms of

835
00:45:49,960 --> 00:45:53,019
like who's getting that money, who's using that money. This

836
00:45:53,019 --> 00:45:56,860
is a phenomenon that's most pronounced for older families and

837
00:45:56,860 --> 00:46:00,340
people with higher incomes. So is this people taking money

838
00:46:00,340 --> 00:46:02,659
off the table or are they just trying to survive?

839
00:46:04,210 --> 00:46:07,349
Look, I haven't seen it. There's the other discussion that

840
00:46:07,349 --> 00:46:09,710
you have, how many trillions of dollars of cash sitting

841
00:46:09,710 --> 00:46:12,519
on the sidelines. So this idea that people are pulling

842
00:46:12,519 --> 00:46:15,610
money out, people always pull money out, right? They have

843
00:46:15,610 --> 00:46:20,170
RMDs, required minimum distributions. at age 73 that they have

844
00:46:20,170 --> 00:46:22,909
to start taking from their IRAs. People do things like

845
00:46:22,909 --> 00:46:25,429
they need a roof, right? Most people are much more

846
00:46:25,429 --> 00:46:27,909
invested today than they ever have been. So a lot

847
00:46:27,909 --> 00:46:30,679
of their money is tied up into their accounts. I

848
00:46:30,679 --> 00:46:33,280
don't know. I haven't seen. I haven't seen any studies.

849
00:46:33,400 --> 00:46:35,900
I haven't seen it here. People are like, hey, I

850
00:46:35,900 --> 00:46:38,380
don't know. I don't know. I can't live. Sometimes people

851
00:46:38,380 --> 00:46:41,900
lose their jobs and they have to tap. But the

852
00:46:41,900 --> 00:46:45,550
other guy was talking about commercial real estate. That is

853
00:46:45,550 --> 00:46:49,320
a bigger issue. That's been funded, leveraged by private credit.

854
00:46:49,880 --> 00:46:54,579
That really gets its mojo by low cost of capital,

855
00:46:54,579 --> 00:46:57,289
which is, again, lower interest rates. And everything is built

856
00:46:57,289 --> 00:47:01,809
upon... These very fancy models that are done, it's built

857
00:47:01,809 --> 00:47:04,969
upon an interest rate of, let's say, 3%, 4%. You

858
00:47:04,969 --> 00:47:08,090
now have a 7% or 8% interest rate. You no

859
00:47:08,090 --> 00:47:10,789
longer can make the money that you've made before. And

860
00:47:10,789 --> 00:47:13,289
those private credit deals that are out there, they're now

861
00:47:13,289 --> 00:47:16,320
coming to maturity. They're usually short term. After a build,

862
00:47:16,320 --> 00:47:20,219
we'll do a bridge finance. We'll do something. to maybe

863
00:47:20,219 --> 00:47:24,420
a makeover deal. And now that usually lasts four to

864
00:47:24,420 --> 00:47:26,610
seven years, something like that. Well, it is four to

865
00:47:26,610 --> 00:47:28,420
seven years come up and now they need to refinance

866
00:47:28,420 --> 00:47:31,280
for something. And nobody's out there willing to do it

867
00:47:31,280 --> 00:47:33,840
or they're not willing to come in for less than,

868
00:47:33,840 --> 00:47:36,610
let's say, nine percent. And this whole deal was predicated

869
00:47:36,610 --> 00:47:39,519
on a four percent interest rate to make any money.

870
00:47:40,000 --> 00:47:45,050
Hmm. So things are clamped down in some areas. That's

871
00:47:45,050 --> 00:47:48,719
probably why Besson came out recently with his concern. Buffalo

872
00:47:48,719 --> 00:47:52,659
Besson. Buffalo Besson. Buffalo Besson, yeah, with his very big,

873
00:47:52,659 --> 00:47:58,190
bad bond-buying blunder, which is – Yeah, that didn't do

874
00:47:58,190 --> 00:48:00,780
much, did it? No. As a matter of fact –

875
00:48:01,000 --> 00:48:03,650
When he did that, I said, bad move, man, because

876
00:48:03,650 --> 00:48:07,809
when the Treasury comes at that level saying I'm the

877
00:48:07,809 --> 00:48:13,030
house, don't bet against us. That's crisis talk. So now

878
00:48:13,030 --> 00:48:16,860
since then, his six billion dollars of monthly buying has

879
00:48:16,860 --> 00:48:21,880
done absolutely nothing. He gives the counterfactual. He says, it's

880
00:48:21,880 --> 00:48:25,880
a counterfactual argument. What's the counterfactual? How much worse would

881
00:48:25,880 --> 00:48:28,369
it have been if I didn't do it? Job saved

882
00:48:28,369 --> 00:48:34,440
or created. Uh-huh. Exactly. Wow. Oh, okay. Oh, interesting. Well,

883
00:48:34,440 --> 00:48:37,539
I mean, obviously, solution. We're just going to tokenize everything.

884
00:48:37,539 --> 00:48:40,119
I'm going to tokenize this podcast. Everything will be a

885
00:48:40,119 --> 00:48:42,670
token. You can trade on the No Agenda show right

886
00:48:42,670 --> 00:48:46,730
there in your Robin Hood app. Everything's tokenized $900 trillion

887
00:48:46,730 --> 00:48:49,400
worth of assets. That's going to keep us going for

888
00:48:49,400 --> 00:48:52,820
at least another 15 years. It's interesting because the Robinhood

889
00:48:52,820 --> 00:48:54,800
is trying to tokenize a lot of equities, and really

890
00:48:54,800 --> 00:48:57,920
that goes to be supposedly they're saying it's going to

891
00:48:57,920 --> 00:49:01,619
be fully backed and held. By actual equities behind the

892
00:49:01,619 --> 00:49:06,590
token. Oh, at the DCCCC, whatever that thing is. Yeah,

893
00:49:06,590 --> 00:49:10,079
but if you're doing that, why are you doing that,

894
00:49:10,079 --> 00:49:12,079
right? If you're going to do that, if you're going

895
00:49:12,079 --> 00:49:16,099
to back it fully by the actual stock. Yeah. Just

896
00:49:16,099 --> 00:49:18,420
buy the stock. I mean, why do we have to

897
00:49:18,420 --> 00:49:21,170
do something different here? It's kind of weird. I want

898
00:49:21,170 --> 00:49:23,650
to just, I've been looking at the quad screen all

899
00:49:23,650 --> 00:49:26,360
morning. We'll come back to some financial stuff. But the

900
00:49:26,360 --> 00:49:30,559
quad screen all morning, the BBC has had story after

901
00:49:30,559 --> 00:49:35,039
story after story nonstop. And it's one story and this

902
00:49:35,039 --> 00:49:38,360
is it. We start with breaking news this hour, coming

903
00:49:38,360 --> 00:49:42,159
in from the United States, where there is uncertainty over

904
00:49:42,159 --> 00:49:45,820
the outcome of an execution in the state of Tennessee.

905
00:49:46,820 --> 00:49:50,820
Death row prisoner Krista Pike was given two lethal injections

906
00:49:50,820 --> 00:49:54,590
after the U.S. Supreme Court cleared the way for her

907
00:49:54,590 --> 00:49:58,559
to become the first woman executed in Tennessee in more

908
00:49:58,559 --> 00:50:04,250
than 200 years. But her current condition remains unclear. Prison

909
00:50:04,250 --> 00:50:07,179
officials have not announced a time of death and her

910
00:50:07,179 --> 00:50:10,639
lawyer says she has been taken to hospital. Some of

911
00:50:10,639 --> 00:50:14,039
those who witnessed the execution have now spoken to reporters

912
00:50:14,039 --> 00:50:18,300
outside the prison describing what they saw and heard inside.

913
00:50:18,579 --> 00:50:20,599
So they go on and on and on, and this

914
00:50:20,599 --> 00:50:24,460
is ridiculous, and America is crazy, and they're no good,

915
00:50:24,460 --> 00:50:28,279
and this is just an outrage. I'm like, well, maybe

916
00:50:28,279 --> 00:50:31,769
the BBC in the UK could actually help us. Strangely,

917
00:50:31,769 --> 00:50:34,239
these days, I use my stethoscope more to determine if

918
00:50:34,239 --> 00:50:38,900
someone has no heartbeat. Dr. Konya Troughton has administered lethal

919
00:50:38,900 --> 00:50:44,029
doses. to hundreds of patients. She says MAID is working

920
00:50:44,029 --> 00:50:47,480
well in Canada. We need to hire this lady, obviously.

921
00:50:48,260 --> 00:50:51,739
Start an intravenous. There we go. Start the intravenous. Start

922
00:50:51,739 --> 00:50:53,920
it through there. Okay, and then I'd secure it in

923
00:50:53,920 --> 00:50:58,599
place. injecting the drugs means it usually takes only a

924
00:50:58,599 --> 00:51:01,739
few minutes to die. Why can't we get this lady

925
00:51:01,739 --> 00:51:06,039
and her protocol? It seems like that's a slam dunk,

926
00:51:06,039 --> 00:51:09,639
BBC. Yeah, I have a clip on this as well.

927
00:51:09,720 --> 00:51:11,119
Oh, you did? What do you got? Yeah, it's all

928
00:51:11,119 --> 00:51:15,079
at the end. Botched execution. So this was a female,

929
00:51:15,079 --> 00:51:18,420
only woman in Tennessee death row ever. And failed twice

930
00:51:18,420 --> 00:51:22,940
at the lethal injection. Overnight, a failed execution. In a

931
00:51:22,940 --> 00:51:27,380
case that's grabbed national attention. Nothing about today was normal,

932
00:51:27,380 --> 00:51:31,800
typical at all. Krista Pike, the only woman on Tennessee's

933
00:51:31,800 --> 00:51:35,909
death row, surviving two lethal injection attempts. Pike now being

934
00:51:35,909 --> 00:51:39,150
treated at a nearby hospital, according to her attorneys, who

935
00:51:39,150 --> 00:51:43,230
say they do not know her condition. Journalists who witnessed

936
00:51:43,230 --> 00:51:47,699
the attempted execution described Pike snoring and complaining about pain.

937
00:51:47,860 --> 00:51:51,000
I covered all the executions last year and most of

938
00:51:51,000 --> 00:51:54,320
the ones this year. We haven't seen anything like it.

939
00:51:55,079 --> 00:51:59,179
It went really poorly. Pike, now 50, has spent nearly

940
00:51:59,179 --> 00:52:02,800
three decades on death row after being convicted of torturing

941
00:52:02,800 --> 00:52:07,420
and murdering a classmate, Colleen Slemmer, in 1995, when Pike

942
00:52:07,420 --> 00:52:10,960
was 18 years old. I love you! She would have

943
00:52:10,960 --> 00:52:13,760
been the first woman put to death in Tennessee in

944
00:52:13,760 --> 00:52:18,000
over 200 years. Now, my thinking on this... If you

945
00:52:18,000 --> 00:52:21,150
survive it, you should be like, go. You're free to

946
00:52:21,150 --> 00:52:24,480
go. Palazzo Compresso. Palazzo Compresso. You know what that is?

947
00:52:24,559 --> 00:52:27,619
No. This is when the emperors would throw the people

948
00:52:27,619 --> 00:52:30,400
in the Colosseum and they fight to the death. And

949
00:52:30,400 --> 00:52:32,090
a lot of people think when the thumbs up goes

950
00:52:32,090 --> 00:52:35,980
up, they live, right? No. No, no. When the thumb

951
00:52:35,980 --> 00:52:40,019
goes up, that's actually the opposite. Oh. Oh. The opposite

952
00:52:40,019 --> 00:52:44,460
means it symbolizes an uplifted sword. Oh, I didn't. Make

953
00:52:44,460 --> 00:52:49,800
it swift. The victorious gladiator should execute the loser. We're

954
00:52:49,800 --> 00:52:52,720
hiding the thumb for mercy is, what is it called?

955
00:52:52,779 --> 00:52:56,279
Palaccio compresso. Where's this despair of the gladiator? So I

956
00:52:56,279 --> 00:52:59,309
don't know my vote. If I was emperor here, I

957
00:52:59,309 --> 00:53:03,800
got a hidden thumb. Let her live. Let her go.

958
00:53:04,159 --> 00:53:07,170
She suffered. And especially because she was... This is a

959
00:53:07,170 --> 00:53:10,300
tough woman snoring through a lethal injection. No kidding. I

960
00:53:10,300 --> 00:53:16,840
mean, that's outrageous. That's outrageous. Yeah. So the world is...

961
00:53:16,840 --> 00:53:18,960
Well, at least the world is looking at something other

962
00:53:18,960 --> 00:53:21,710
than... Well, we got it. We got to do the

963
00:53:21,710 --> 00:53:25,309
breaking news, breaking news, breaking news. Nobody knows anything. Sources

964
00:53:25,309 --> 00:53:27,880
have been very clear in saying this was an altercation,

965
00:53:27,880 --> 00:53:33,300
a violent incident between pilots, then prompted an emergency signal.

966
00:53:33,300 --> 00:53:36,119
I want to take you through the timeline here that

967
00:53:36,119 --> 00:53:39,230
just after we saw the aircraft dropping, and this is

968
00:53:39,230 --> 00:53:43,710
really dramatic. from an altitude of around 34,000 feet to

969
00:53:43,710 --> 00:53:48,449
16,500 feet in just under two minutes, which happened at

970
00:53:48,449 --> 00:53:52,610
around 1.20 a.m. Eastern. Then an emergency signal was sent

971
00:53:52,610 --> 00:53:57,460
out at 1.32 a.m. Israeli officials said this was not

972
00:53:57,460 --> 00:54:00,599
a hijacking, so that's really important because there were initial

973
00:54:00,599 --> 00:54:03,349
concerns when that emergency signal signal was sent out. This

974
00:54:03,349 --> 00:54:07,000
was a violent incident between the pilots. And then this

975
00:54:07,000 --> 00:54:11,119
was so seriously taken, and of course because the entire

976
00:54:11,119 --> 00:54:14,130
region is dealing with just so much tension, that the

977
00:54:14,130 --> 00:54:18,340
Israeli Prime Minister and Defense Minister held a security consultation.

978
00:54:18,840 --> 00:54:23,480
Israeli fighter jets signals were scrambled because of this. And

979
00:54:23,480 --> 00:54:26,760
then if we look at flight radar data, flight takes

980
00:54:26,760 --> 00:54:29,989
off from Dubai. Then when it's over Saudi airspace, this

981
00:54:29,989 --> 00:54:34,550
is when eventually it starts diverting. It's now landed, according

982
00:54:34,550 --> 00:54:38,320
to Fly Dubai, in Tabuk. Quite important here that Fly

983
00:54:38,320 --> 00:54:41,510
Dubai has not confirmed that this was indeed a violent

984
00:54:41,510 --> 00:54:47,510
incident between the pilots. This reporting drives me nuts. It

985
00:54:47,510 --> 00:54:52,429
was... from 30,000 to 16,000 in two minutes, 33,000 to

986
00:54:52,429 --> 00:54:56,519
16,000 in 30 seconds. It was a hijacking. They were

987
00:54:56,519 --> 00:55:00,619
squawking 7,500, but they weren't. 7,700, the pilots were fighting.

988
00:55:00,619 --> 00:55:02,949
They weren't. There was a knife. It was this. It

989
00:55:02,949 --> 00:55:06,159
was that. ABC has a different version. Israeli Prime Minister

990
00:55:06,159 --> 00:55:08,889
Netanyahu now says a pilot on a fly Dubai flight

991
00:55:08,889 --> 00:55:12,470
stabbed a pilot and tried to crash the plane. New

992
00:55:12,470 --> 00:55:15,269
video from inside the plane shows the moments the altitude

993
00:55:15,269 --> 00:55:19,139
dropped. You can hear passengers asking what's happening. The plane

994
00:55:19,139 --> 00:55:23,139
eventually landed safely in Saudi Arabia. And now Israeli officials

995
00:55:23,139 --> 00:55:25,860
are working to get passengers back home safely. And, of

996
00:55:25,860 --> 00:55:29,199
course, trying to piece together what happened here. Chief Foreign

997
00:55:29,199 --> 00:55:32,239
Correspondent Ian Pannell has the details for us. Ian, what's

998
00:55:32,239 --> 00:55:35,170
the latest on this investigation? Yeah, Diane, I mean, I

999
00:55:35,170 --> 00:55:38,400
think it is increasingly looking like a terrorist incident. That's

1000
00:55:38,400 --> 00:55:40,900
certainly what Israel is calling it right now as we

1001
00:55:40,900 --> 00:55:43,929
start to get more and more details about what took

1002
00:55:43,929 --> 00:55:46,739
place. Here's what we know right now. Flight from Dubai

1003
00:55:46,739 --> 00:55:50,239
to Tel Aviv, making a sudden diversion after issuing emergency

1004
00:55:50,239 --> 00:55:53,960
distress signals. Minutes after a general alert, it then sent

1005
00:55:53,960 --> 00:55:58,340
an emergency warning of a possible unlawful interference or hijacking.

1006
00:55:58,440 --> 00:56:01,239
As you say, Prime Minister Nassim Yahoo is saying that

1007
00:56:01,239 --> 00:56:04,199
one pilot stabbed the other and tried to crash the

1008
00:56:04,199 --> 00:56:08,400
plane. As the flight Dubai craft was about an hour

1009
00:56:08,400 --> 00:56:12,119
from landing. It suddenly suffered this rapid descent, plunging from

1010
00:56:12,119 --> 00:56:15,809
34 to 16,000 feet in three minutes. Three minutes. This

1011
00:56:15,809 --> 00:56:21,099
makes a big difference. 34 to 16,000 in two minutes

1012
00:56:21,099 --> 00:56:23,750
or three minutes makes a big difference what your rate

1013
00:56:23,750 --> 00:56:27,949
of descent is. Clearly. And nobody – this is ADS-B

1014
00:56:27,949 --> 00:56:31,840
data, which is – You know, it's a generally good

1015
00:56:31,840 --> 00:56:34,559
indicator, but it's not telling you it's not giving you

1016
00:56:34,559 --> 00:56:37,250
second by second. So, you know, if this thing was

1017
00:56:37,250 --> 00:56:40,110
going down at six thousand feet per minute, you're not

1018
00:56:40,110 --> 00:56:43,099
rushing forward to anything. You're plastered against the ceiling if

1019
00:56:43,099 --> 00:56:46,230
you're not buckled in. So this story is all over

1020
00:56:46,230 --> 00:56:49,929
the map. There's all kinds of it's because nobody knows

1021
00:56:49,929 --> 00:56:53,309
anything, really. I heard that, first of all, how to

1022
00:56:53,309 --> 00:56:56,309
get a knife in there, right? I heard the emergency

1023
00:56:56,309 --> 00:56:58,970
axe. It's called the crash axe. Yeah, you got the

1024
00:56:58,970 --> 00:57:01,440
crash axe in the cockpit. But if you want, okay,

1025
00:57:01,440 --> 00:57:04,860
this is a Boeing 737 MAX 8. If you want

1026
00:57:04,860 --> 00:57:10,090
to crash the plane, there's easier ways than stabbing the

1027
00:57:10,090 --> 00:57:14,139
pilot. You just lean back in your chair, you cut

1028
00:57:14,139 --> 00:57:17,039
the engines, put your feet on the yoke, press it

1029
00:57:17,039 --> 00:57:20,699
forward. Good luck. And there was a story that it

1030
00:57:20,699 --> 00:57:24,220
was saved by a man who ran into the cabin,

1031
00:57:24,220 --> 00:57:26,519
which you would think the cabin door was open. And

1032
00:57:26,519 --> 00:57:28,739
then they finished a story that I heard was, and?

1033
00:57:29,099 --> 00:57:32,260
He was a plumber. Oh, yeah. No, no. This story

1034
00:57:32,260 --> 00:57:36,889
is great. It gets even better. Citizens of Israel. This

1035
00:57:36,889 --> 00:57:39,559
morning, there was a highly severe security incident on a

1036
00:57:39,559 --> 00:57:42,849
flight from Dubai to Israel. Almost all the passengers on

1037
00:57:42,849 --> 00:57:46,659
the flight were Israelis. During the flight, as they approached

1038
00:57:46,659 --> 00:57:49,400
the country, one of the pilots stabbed the other pilot.

1039
00:57:49,699 --> 00:57:52,699
He apparently tried to crash the plane with its passengers.

1040
00:57:55,119 --> 00:57:57,400
I spoke with one of the Israeli passengers. He told

1041
00:57:57,400 --> 00:58:00,090
me that the plane entered a tailspin and began to

1042
00:58:00,090 --> 00:58:04,900
die. No, okay. tailspin? Now we're in a tailspin. Wow.

1043
00:58:05,220 --> 00:58:08,639
No, you're not in a tailspin. This is not happening.

1044
00:58:08,760 --> 00:58:12,000
Let's hear from President Trump, who spoke to Bibi himself.

1045
00:58:12,179 --> 00:58:16,849
I did speak to Bibi Netanyahu at length about this

1046
00:58:16,849 --> 00:58:22,880
event, and it seems as though the co-pilot was perhaps

1047
00:58:22,880 --> 00:58:26,720
a terrorist or perhaps a whack job. A whack job?

1048
00:58:27,539 --> 00:58:29,460
Well, that's an official terrorist. He shared the pilot. The

1049
00:58:29,460 --> 00:58:33,079
pilot was in very bad shape. And I guess he

1050
00:58:33,079 --> 00:58:36,480
still is in very bad shape. But he had the

1051
00:58:36,480 --> 00:58:40,500
sense to, amazing, to, in a way, he was a

1052
00:58:40,500 --> 00:58:43,130
hero... To open the door, you know, those doors are

1053
00:58:43,130 --> 00:58:46,079
solid steel. You can't get them open from outside. Yeah,

1054
00:58:46,079 --> 00:58:48,789
the early reporting, you know, the passengers broke down the

1055
00:58:48,789 --> 00:58:51,829
door. No, you're not. No. It's pure steel. It has

1056
00:58:51,829 --> 00:58:54,980
to be open from the inside. It's. The distance from

1057
00:58:54,980 --> 00:58:58,139
either pilot's seat to open the door, you can do

1058
00:58:58,139 --> 00:59:00,840
it just by leaning back, basically, and opening the door.

1059
00:59:01,139 --> 00:59:03,220
And I guess that's what happened. But again, nobody knows

1060
00:59:03,220 --> 00:59:05,260
anything. He was able to fall back and get the

1061
00:59:05,260 --> 00:59:10,679
door open and scream. And a plumber, an Israeli plumber.

1062
00:59:10,840 --> 00:59:14,159
Plumber. Never flew a plane. He was rarely in planes.

1063
00:59:14,320 --> 00:59:16,639
Very rarely flew. Very rarely flew. Here we go. An

1064
00:59:16,639 --> 00:59:21,050
Israeli plumber saw what was happening. And having never flown

1065
00:59:21,050 --> 00:59:25,720
a plane, he took the stick, lifted it up, and

1066
00:59:25,720 --> 00:59:29,210
leveled out the plane before it crashed. I love the

1067
00:59:29,210 --> 00:59:33,360
technical analysis of our president. He took the stick. Okay.

1068
00:59:33,579 --> 00:59:37,309
No, there's no stick. No. It could be. It's not

1069
00:59:37,309 --> 00:59:40,139
a side yoke. It's a yoke. It's a yoke. It's

1070
00:59:40,139 --> 00:59:42,090
not a stick. But OK, Mr. President, this is a

1071
00:59:42,090 --> 00:59:44,519
story that I heard. I don't know if it's true.

1072
00:59:44,760 --> 00:59:47,889
Good. I'm glad he said that bit. Thank you. Thank

1073
00:59:47,889 --> 00:59:51,659
you. That's the story that I got from B.B. And

1074
00:59:51,659 --> 00:59:54,130
from. A couple of probably earlier. I don't know if

1075
00:59:54,130 --> 00:59:56,800
you've heard that story yet. I think it's an amazing.

1076
00:59:57,199 --> 00:59:59,920
So a plumber never flew a plane. Strong guy.

1077
01:00:00,460 --> 01:00:05,230
Lift them up, throw them back. The crowd was... They

1078
01:00:05,230 --> 01:00:07,420
knew they were going to die shortly because of the

1079
01:00:07,420 --> 01:00:10,139
G-forces, but they were able to hold them. Yeah, okay.

1080
01:00:10,280 --> 01:00:13,650
The magical G-forces went away. Sure. Because he was going

1081
01:00:13,650 --> 01:00:18,230
crazy. And he was crazy. And this plumber, never having

1082
01:00:18,230 --> 01:00:21,880
flown a plane... had the sense to lift a stick.

1083
01:00:22,119 --> 01:00:24,179
Who was it? And you know, it's not like planes

1084
01:00:24,179 --> 01:00:26,400
are different today. He used to have a little steering

1085
01:00:26,400 --> 01:00:29,960
wheel. Today, he's like differently. Today, it's like a little

1086
01:00:29,960 --> 01:00:32,420
steering wheel. And when I asked why he did that,

1087
01:00:32,420 --> 01:00:36,099
he said he watches that show, Air Disasters. You know

1088
01:00:36,099 --> 01:00:39,139
the show? That's good preparation. Crazy. That's the best part.

1089
01:00:39,260 --> 01:00:41,500
I never want to watch it because I watch it.

1090
01:00:41,500 --> 01:00:44,780
I don't like watching it because bad things happen. But

1091
01:00:44,780 --> 01:00:48,519
he said he watches it a lot. And he learned

1092
01:00:48,519 --> 01:00:54,019
from watching that show sort of how to fly. All

1093
01:00:54,019 --> 01:00:57,039
right. So first of all, I have questions. First, I

1094
01:00:57,039 --> 01:01:01,679
need to call Dana Brunetti. Attention, Dana Brunetti. Coming, coming,

1095
01:01:01,679 --> 01:01:05,730
coming this fall. The plumber. Okay. We got to do

1096
01:01:05,730 --> 01:01:07,809
a movie about this guy. You need to have a

1097
01:01:07,809 --> 01:01:09,929
plumber that can fly a plane and a pilot that

1098
01:01:09,929 --> 01:01:12,690
can fix a toilet. That would be great. Yeah. Same

1099
01:01:12,690 --> 01:01:16,079
guy. It's perfect. Okay. I got a couple more clips.

1100
01:01:16,159 --> 01:01:18,610
Go ahead with your questions. If there was how many

1101
01:01:18,610 --> 01:01:21,880
pilots on the plane inside the cabin? Well, two. Two.

1102
01:01:22,050 --> 01:01:24,650
So you had two pilots. Just hear me out here.

1103
01:01:24,650 --> 01:01:27,079
You had two pilots. One's the stabber. One's the stabby.

1104
01:01:27,079 --> 01:01:30,349
One's bleeding profusely. He's in bad shape. He was hit

1105
01:01:30,349 --> 01:01:32,789
by an axe. The other one is the terrorist slash

1106
01:01:32,789 --> 01:01:35,699
crazy man, whatever. The plumber goes in and he picks

1107
01:01:35,699 --> 01:01:39,269
up the stick and levels off the plane. Yeah. Who

1108
01:01:39,269 --> 01:01:42,519
lands the plane? Oh, no, no. There were all these

1109
01:01:42,519 --> 01:01:46,360
other pilots in the back. Oh, no. There were pilots

1110
01:01:46,360 --> 01:01:49,079
on dead heads and all kinds of pilots hanging around.

1111
01:01:49,840 --> 01:01:52,719
And they went in. They landed the plane. Oh, that's

1112
01:01:52,719 --> 01:01:57,099
good. Now, they show an aircraft with its rudder broken.

1113
01:01:57,440 --> 01:02:04,869
which could happen... In a tailspin. Yeah, yeah, yeah. That

1114
01:02:04,869 --> 01:02:07,010
could happen in a tailspin. We'd have more pieces to

1115
01:02:07,010 --> 01:02:10,940
look at. But you don't necessarily need that to land

1116
01:02:10,940 --> 01:02:13,269
the plane. In fact, you know, you can do more

1117
01:02:13,269 --> 01:02:17,269
with the engines than anything. But it seems... The whole

1118
01:02:17,269 --> 01:02:20,710
thing makes no sense. And I heard passengers saying, I

1119
01:02:20,710 --> 01:02:25,849
heard him saying, say, al-Akbar. Like, okay, maybe. But let's

1120
01:02:25,849 --> 01:02:28,880
listen to Bibi Netanyahu. Maybe we'll get some more clues.

1121
01:02:29,340 --> 01:02:31,079
Mr. Prime Minister, thank you very much for joining us

1122
01:02:31,079 --> 01:02:33,869
tonight. Thank you. Good to be with you. This is

1123
01:02:33,869 --> 01:02:36,010
a day that could have ended very differently. What do

1124
01:02:36,010 --> 01:02:38,880
you know at this hour about exactly what happened? I

1125
01:02:38,880 --> 01:02:41,349
think what happened is a tremendous act of heroism that

1126
01:02:41,349 --> 01:02:46,869
prevented another 9-11 style. Oh, bring out the 9-11. 9-11

1127
01:02:46,869 --> 01:02:50,280
style. There you go. There's reasons he's doing this. Crash

1128
01:02:50,280 --> 01:02:54,389
of an entire airplane. What we know is that this

1129
01:02:54,389 --> 01:02:58,139
plane that was heading from Dubai to Israel, as they

1130
01:02:58,139 --> 01:03:03,579
approached Israel, one of the co-pilots stabbed or hit with

1131
01:03:03,579 --> 01:03:06,539
an axe. Oh, so now he has the axe bit.

1132
01:03:06,679 --> 01:03:08,739
That's interesting. He's got the axe bit. Other pilot, an

1133
01:03:08,739 --> 01:03:15,429
Indian pilot. And the pilot that was hit... bleeding profusely,

1134
01:03:15,429 --> 01:03:19,840
fighting for his life, managed to unlock the pilot's door.

1135
01:03:19,940 --> 01:03:23,340
But the plane was going into a nosedive. Now we're

1136
01:03:23,340 --> 01:03:26,630
nosedive. So someone's talked to him like, hey, B.B., listen,

1137
01:03:26,630 --> 01:03:28,610
man, you got to get this right. You can't say

1138
01:03:28,610 --> 01:03:32,219
tailspin, OK? Nosedive. All right, maybe. They heard the screaming.

1139
01:03:32,639 --> 01:03:37,170
A passenger, an Israeli passenger, Sitting in row 18, rushed

1140
01:03:37,170 --> 01:03:42,099
to the cockpit. Through the G-forces of 6,000 feet per

1141
01:03:42,099 --> 01:03:49,320
minute, yes. 18 is high. Yes. It's the lucky number.

1142
01:03:49,539 --> 01:03:53,019
Yes. It is the lucky number. It is the special

1143
01:03:53,019 --> 01:03:55,820
thing. You give a gift of a multiple of 18.

1144
01:03:55,820 --> 01:03:59,840
18, that's right. 36. Like that. Yep. Little things you

1145
01:03:59,840 --> 01:04:03,019
got to catch here. Oh, no. Perfect. I was going

1146
01:04:03,019 --> 01:04:04,989
to say it, but you nailed it. You had the

1147
01:04:04,989 --> 01:04:08,000
hype. - Hi, hi. - Hi, hi. - Hi, hi.

1148
01:04:08,000 --> 01:04:10,860
- Yeah, hello. - Hi. - Hello. - And let's

1149
01:04:10,860 --> 01:04:12,719
listen again how Netanyahu says that number. - He was

1150
01:04:12,719 --> 01:04:17,360
going into a nosedive. When they heard the screaming, a

1151
01:04:17,360 --> 01:04:21,798
passenger, an Israeli passenger, Sitting in row 18. Oh, yeah,

1152
01:04:21,798 --> 01:04:27,340
he's messaging it. Row 18. Hello. Hello. Hello. Hi. A

1153
01:04:27,340 --> 01:04:32,099
nosedive. When they heard the screaming, a passenger, an Israeli

1154
01:04:32,099 --> 01:04:37,849
passenger sitting in row 18, rushed to the cockpit, trying

1155
01:04:37,849 --> 01:04:41,440
to open it. When the plane started to nosedive, it

1156
01:04:41,440 --> 01:04:44,940
was thrown aside in that area where the stewards are,

1157
01:04:44,940 --> 01:04:50,050
the flight attendants are. And somehow he managed. There was

1158
01:04:50,050 --> 01:04:52,230
a moment where I think they hit an air bump

1159
01:04:52,230 --> 01:04:55,349
or something. And anyway, he had the opportunity. The tail

1160
01:04:55,349 --> 01:04:59,800
broke off. He went through the door, bus through. He

1161
01:04:59,800 --> 01:05:04,679
saw the pilot that attacked the other co-pilot between the

1162
01:05:04,679 --> 01:05:08,199
two seats trying to jam the equipment. Now, this this

1163
01:05:08,199 --> 01:05:11,840
is another thing that bothers me. What is the mission

1164
01:05:11,840 --> 01:05:16,190
of this guy to jam the equipment? I mean, he's

1165
01:05:16,190 --> 01:05:20,779
always standing in between the console. I mean, what is

1166
01:05:20,779 --> 01:05:24,470
he trying to do? Jam the equipment? This doesn't make

1167
01:05:24,470 --> 01:05:27,699
any sense. What is there to jam? Are you going

1168
01:05:27,699 --> 01:05:30,400
to break the glass or try and rip the engine?

1169
01:05:30,400 --> 01:05:33,619
If you're trying to kill everybody, then there's a lot

1170
01:05:33,619 --> 01:05:36,559
of things you could have done. So maybe he wasn't

1171
01:05:36,559 --> 01:05:39,300
trying to do it. Maybe they got in a fight.

1172
01:05:39,420 --> 01:05:42,380
Maybe he was trying to unscrew the spark plugs or

1173
01:05:42,380 --> 01:05:47,119
something. The flight equipment. Obviously, it looks like he wanted

1174
01:05:47,119 --> 01:05:50,699
to obviously bring the whole plane down. No, that's not

1175
01:05:50,699 --> 01:05:54,960
obvious. That's the not obvious part. Pulled him from behind,

1176
01:05:54,960 --> 01:06:01,510
pulled him back, then unbelievably took the stick... pulled it

1177
01:06:01,510 --> 01:06:04,400
back. This is not a pilot. This is a plumber.

1178
01:06:04,659 --> 01:06:06,239
A plumber. This is what he does. I asked him,

1179
01:06:06,279 --> 01:06:07,909
what do you do for a living? Because I met

1180
01:06:07,909 --> 01:06:09,929
him at the airport when he came, when they all

1181
01:06:09,929 --> 01:06:11,470
came back to Israel. And I said, what do you

1182
01:06:11,470 --> 01:06:14,070
do for a living? And he said, well, I'm, you

1183
01:06:14,070 --> 01:06:18,199
know, I'm, I unclogged, Sewage clogs. And I said, well,

1184
01:06:18,199 --> 01:06:23,260
you certainly unclogged a big one this time. Okay. Those

1185
01:06:23,260 --> 01:06:27,079
policies are funny. So here comes the real messaging. And

1186
01:06:27,079 --> 01:06:29,940
regardless of what happened on this aircraft, and we won't

1187
01:06:29,940 --> 01:06:33,460
know until we have cockpit data recorder, cockpit voice recorder,

1188
01:06:33,460 --> 01:06:37,190
everything else is just conjecture. People have, I mean, oh

1189
01:06:37,190 --> 01:06:40,519
my. The pilot forums are the worst right now. People

1190
01:06:40,519 --> 01:06:45,150
are piling in. There's no analysis from anybody because we

1191
01:06:45,150 --> 01:06:50,139
literally have no data, just some ADS-B, publicly available data,

1192
01:06:50,139 --> 01:06:54,420
which is, you know, leveled out, normalized. You really don't

1193
01:06:54,420 --> 01:06:58,340
know what the descent rate was. If what they're saying

1194
01:06:58,340 --> 01:07:01,769
is true, it's amazing the plane didn't fall apart. When

1195
01:07:01,769 --> 01:07:07,380
you're going 100 knots, 100 miles an hour roughly over

1196
01:07:07,380 --> 01:07:11,139
your VNE, velocity never exceed. The plane should be falling.

1197
01:07:11,340 --> 01:07:13,320
Maybe it was an Airbus. It might have melted. I

1198
01:07:13,320 --> 01:07:18,119
don't know. So kudos to Boeing. But Bibi Netanyahu is,

1199
01:07:18,119 --> 01:07:20,730
you know, the same along the same lines as Rahm

1200
01:07:20,730 --> 01:07:24,590
Emanuel. Never let a good crisis go to waste. That's

1201
01:07:24,590 --> 01:07:27,840
exactly a specific fear. Do you have intelligence about a

1202
01:07:27,840 --> 01:07:33,239
planned 9-11 style attack on Israel? Not a specific 9-11

1203
01:07:33,239 --> 01:07:36,329
attack. That is not the issue. The issue is... What?

1204
01:07:36,329 --> 01:07:42,050
Going back on what you said? Okay. ...attacks against Israelis

1205
01:07:42,050 --> 01:07:45,699
abroad and inside Israel itself. That's what we do have.

1206
01:07:45,699 --> 01:07:50,400
Be afraid. Be afraid. Indications. Attacks. That the Iranian proxies,

1207
01:07:50,400 --> 01:07:54,820
Hamas and Hezbollah in particular. Cower in place. Are planning

1208
01:07:54,820 --> 01:07:58,820
attacks on us before the election. More coming. What? What

1209
01:07:58,820 --> 01:08:02,269
did he say? What did he say? That the Iranian

1210
01:08:02,269 --> 01:08:07,900
proxies, Hamas and Hezbollah in particular, are planning attacks on

1211
01:08:07,900 --> 01:08:11,579
us. Honest before the election. Ah, there it is. Before

1212
01:08:11,579 --> 01:08:14,809
the election on October 27th, which is going to be

1213
01:08:14,809 --> 01:08:19,260
one of the most contended elections of his career. And

1214
01:08:19,260 --> 01:08:23,220
whether this is some people say it's a false flag.

1215
01:08:23,319 --> 01:08:25,289
I don't know. This seems to be a lot of

1216
01:08:25,289 --> 01:08:32,489
evidence that. Yeah. Something really happened. Was it some MKUltrad

1217
01:08:32,489 --> 01:08:37,600
co-pilot? Because you can't come up with any other explanation

1218
01:08:37,600 --> 01:08:40,289
for someone who wanted to hijack the plane in a

1219
01:08:40,289 --> 01:08:43,550
9-11 attack because you need to have it flying so

1220
01:08:43,550 --> 01:08:46,949
you can't be dismantling it. And did you really want

1221
01:08:46,949 --> 01:08:49,659
to crash it? Well, you could have done that without

1222
01:08:49,659 --> 01:08:52,869
all the drama. So maybe, you know, you got someone

1223
01:08:52,869 --> 01:08:56,609
to do something, someone nutty. So what BB Net Not

1224
01:08:56,609 --> 01:09:00,659
Yahoo's message is, is you really want to stick with

1225
01:09:00,659 --> 01:09:04,079
the lion. The line is going to protect you because

1226
01:09:04,079 --> 01:09:06,960
they're planning all kinds of stuff before the election. But

1227
01:09:06,960 --> 01:09:11,159
I can't say specifically about... airline hijacking, obviously that's now

1228
01:09:11,159 --> 01:09:13,600
coming to the roster and we're going to look very

1229
01:09:13,600 --> 01:09:16,149
carefully at that. What do you think this day's events

1230
01:09:16,149 --> 01:09:19,059
say about the broader security situation in the world for

1231
01:09:19,059 --> 01:09:22,720
Israel right now? Stick with me. Well, I think that

1232
01:09:22,720 --> 01:09:25,989
we are aware of the fact that there is a

1233
01:09:25,989 --> 01:09:30,489
very strong sense of danger that we have because we

1234
01:09:30,489 --> 01:09:34,289
know That our enemies are targeting Israelis abroad. Right now,

1235
01:09:34,289 --> 01:09:36,930
as we speak. We're very much aware of it. We're

1236
01:09:36,930 --> 01:09:38,619
doing what we can. But I think it's part of

1237
01:09:38,619 --> 01:09:43,350
a larger picture. It's Iran's ultimate goal. What's with the

1238
01:09:43,350 --> 01:09:45,850
laugh, tell, Bibi? Why is that so funny? I don't

1239
01:09:45,850 --> 01:09:47,819
think it's very funny. We're very much aware of it.

1240
01:09:47,880 --> 01:09:49,640
We're doing what we can. But I think it's part

1241
01:09:49,640 --> 01:09:55,220
of a larger picture. It's Iran's. ultimate goal to not

1242
01:09:55,220 --> 01:09:58,940
only to kill Israelis and destroy Israel, they chant death

1243
01:09:58,940 --> 01:10:01,670
to Israel, death to America, but they call us the

1244
01:10:01,670 --> 01:10:04,420
little Satan. Yeah. And the real target is the big

1245
01:10:04,420 --> 01:10:07,440
Satan. Oh, okay. So we have something to do with

1246
01:10:07,440 --> 01:10:09,899
it. The big Satan is you. That's why they're trying

1247
01:10:09,899 --> 01:10:12,380
to develop nuclear weapons and the means to deliver them

1248
01:10:12,380 --> 01:10:14,989
to every city in the United States. States. It'll take

1249
01:10:14,989 --> 01:10:17,359
them some time, but they're working on this. So I

1250
01:10:17,359 --> 01:10:22,460
think that the fact that President Trump is tightening the

1251
01:10:22,460 --> 01:10:26,809
economic blockade on Iran is very effective. I think that's

1252
01:10:26,809 --> 01:10:29,949
really bearing fruit. Okay, so what I hear is we've

1253
01:10:29,949 --> 01:10:33,559
got elections coming up. And you really you really want

1254
01:10:33,559 --> 01:10:38,199
to stick with me because they're targeting Hamas and Hezbollah

1255
01:10:38,199 --> 01:10:43,239
are targeting Israelis before the election. And you got to

1256
01:10:43,239 --> 01:10:45,760
stick with me because we may be the little Satan,

1257
01:10:45,760 --> 01:10:49,020
but the big Satan is America. And I got Trump.

1258
01:10:49,020 --> 01:10:50,550
He's going to protect us. But you want to stick

1259
01:10:50,550 --> 01:10:53,559
with me. Stick with me. And by the way, people

1260
01:10:53,559 --> 01:10:56,059
who are going to vote against me, people thought that

1261
01:10:56,059 --> 01:10:59,559
this next clip was about America, but it's about Israel

1262
01:10:59,559 --> 01:11:02,119
itself. And so the only way you're going to stop

1263
01:11:02,119 --> 01:11:04,440
this is by destroying them. It's like the only way

1264
01:11:04,440 --> 01:11:06,699
you got peace in Germany is by destroying the SS.

1265
01:11:07,220 --> 01:11:09,440
You didn't say, oh, well, we'll leave an enclave of

1266
01:11:09,440 --> 01:11:12,600
the SS and then we'll have peace. No, you destroyed

1267
01:11:12,600 --> 01:11:18,350
it. this murderous regime and then you got peace. We

1268
01:11:18,350 --> 01:11:21,119
have to destroy this murderous regime of Hamas and then

1269
01:11:21,119 --> 01:11:25,880
we'll get peace. And Hamas is being glorified. on American

1270
01:11:25,880 --> 01:11:29,199
networks, and especially in social media. Yeah, and in your

1271
01:11:29,199 --> 01:11:35,279
own backyard. The LGBTQ movement is very strong in Israel.

1272
01:11:35,279 --> 01:11:39,250
You know, I hear gays for Gaza. I liken it

1273
01:11:39,250 --> 01:11:44,960
to... You know, chickens for KFC. These people shoot gays.

1274
01:11:45,359 --> 01:11:48,239
They're the worst offenders of human rights on the planet.

1275
01:11:49,619 --> 01:11:53,699
What about the homos for Hamas? What about them? I

1276
01:11:53,699 --> 01:11:57,659
heard that one. The lesbians for Lebanon. Come on, people.

1277
01:11:58,680 --> 01:12:01,309
Good Jew jokes, Andrew. Thank you. I've just been taken

1278
01:12:01,309 --> 01:12:05,029
in by this vast... campaign of propaganda against Israel. Israel

1279
01:12:05,029 --> 01:12:09,039
is fighting for civilization. Israel is fighting these barbarians. We

1280
01:12:09,039 --> 01:12:12,779
fought shoulder to shoulder with the Americans against their patron,

1281
01:12:12,779 --> 01:12:16,949
Iran, the head of the octopus, if you will. But

1282
01:12:16,949 --> 01:12:20,609
we are committed to cutting off these tentacles that can

1283
01:12:20,609 --> 01:12:23,020
threaten us. And can kill a lot of Americans. And

1284
01:12:23,020 --> 01:12:25,479
by the way, on that day of October 7th, they

1285
01:12:25,479 --> 01:12:29,920
killed dozens and dozens of Americans. Okay. There you go.

1286
01:12:30,000 --> 01:12:31,260
I mean, I think we know that this is a

1287
01:12:31,260 --> 01:12:34,699
big political... I mean, obviously, anything that can and will

1288
01:12:34,699 --> 01:12:37,220
be used to help my political career of some sort.

1289
01:12:37,220 --> 01:12:41,559
Yes. And the idea of... creating fear that's nothing new

1290
01:12:41,559 --> 01:12:44,430
i mean right now this is being done by the

1291
01:12:44,430 --> 01:12:48,609
ai companies well not anymore because president trump took good

1292
01:12:48,609 --> 01:12:52,289
care of that well yes yes he did well he

1293
01:12:52,289 --> 01:12:55,649
got the white something he got the accord come on

1294
01:12:55,649 --> 01:12:58,680
first of all first of all andrew no come on

1295
01:12:58,680 --> 01:13:02,039
now Let's call it what it is. What is it?

1296
01:13:02,399 --> 01:13:06,319
Super intelligence. Super intelligence. No, no, no, no. Can you

1297
01:13:06,319 --> 01:13:10,699
play that clip called? You have the call. Okay. Psy

1298
01:13:10,699 --> 01:13:14,010
intelligence. They love our country, they love the world, and

1299
01:13:14,010 --> 01:13:16,779
they came together and they did something that few people

1300
01:13:16,779 --> 01:13:20,920
really, it's almost like a constitution in a way. And

1301
01:13:20,920 --> 01:13:25,050
the biggest people in the world signed that. And I

1302
01:13:25,050 --> 01:13:27,899
signed it as president, and it really is a form

1303
01:13:27,899 --> 01:13:32,220
of protection. Accountable when the AI agents commit a crime.

1304
01:13:32,399 --> 01:13:35,199
It's not AI, it's SI. That's the other thing. We've

1305
01:13:35,199 --> 01:13:39,720
changed the name officially today. We've changed the name, Steve,

1306
01:13:39,720 --> 01:13:45,409
officially to SI. Okay? Okay. Si, like Si, S-I, instead

1307
01:13:45,409 --> 01:13:49,899
of A-I. You know what that means? Super intelligence. So

1308
01:13:49,899 --> 01:13:53,420
the name, I guess that's really quite an announcement, but

1309
01:13:53,420 --> 01:13:58,149
the name has been officially changed by the biggest, the

1310
01:13:58,149 --> 01:14:01,600
smartest, The greatest people anywhere in the world at this.

1311
01:14:01,699 --> 01:14:03,899
And I was with President Xi a few days ago,

1312
01:14:03,899 --> 01:14:06,229
and he would admit, he said, these are the smartest

1313
01:14:06,229 --> 01:14:09,350
people in the world at what? Go ahead. Is this

1314
01:14:09,350 --> 01:14:11,899
a core that everybody signed? Is it binding in any

1315
01:14:11,899 --> 01:14:15,279
way? I think it's morally binding. It's morally binding. It's

1316
01:14:15,279 --> 01:14:19,600
great. It's fantastic. Hey, you should be happy. He's keeping

1317
01:14:19,600 --> 01:14:23,100
the market alive, man. We can't have this trade unwind.

1318
01:14:23,659 --> 01:14:28,140
No, it's this Psy intelligence. Psy. Ho-hum intelligence. It's the

1319
01:14:28,140 --> 01:14:31,300
Psy intelligence. We just got to change the name. If

1320
01:14:31,300 --> 01:14:33,680
we change the name, it's all good. You know, it's

1321
01:14:33,680 --> 01:14:38,819
interesting because... There's no guardrail, self-policing on this, and everybody's

1322
01:14:38,819 --> 01:14:41,319
standing behind him, yeah, yeah, shaking their head, yeah, yeah.

1323
01:14:41,739 --> 01:14:46,890
And do we trust any of these dudes that were

1324
01:14:46,890 --> 01:14:54,190
in that discussion? To behave morally? I'm not worried about

1325
01:14:54,190 --> 01:14:58,029
this at all. Okay. I'm not worried about any of

1326
01:14:58,029 --> 01:14:59,140
this at all.

1327
01:15:00,060 --> 01:15:02,579
It's all marketing. You should know better. Of course. Of

1328
01:15:02,579 --> 01:15:06,020
course. This is all IPO marketing. Of course. But I'm

1329
01:15:06,020 --> 01:15:10,899
saying that this discussion was so ridiculous that somebody would

1330
01:15:10,899 --> 01:15:12,810
actually say that it's binding and we have a moral

1331
01:15:12,810 --> 01:15:18,479
binding. Well, it's marketing from Trump. Like, you know, I'm

1332
01:15:18,479 --> 01:15:21,560
surprised. Kyle Canis and I talked about this. I'm surprised

1333
01:15:21,560 --> 01:15:23,539
they didn't call it Trump intelligence. That would have been

1334
01:15:23,539 --> 01:15:29,649
even funnier. It's Trump intelligence. It's all of this. Every

1335
01:15:29,649 --> 01:15:32,449
single bit of it is marketing. For the IPO, and

1336
01:15:32,449 --> 01:15:36,020
you should want that too, because if they're not successful

1337
01:15:36,020 --> 01:15:41,180
with their IPOs, everything's going to come unraveling. And the

1338
01:15:41,180 --> 01:15:44,800
worst part is the data centers because that's real estate.

1339
01:15:45,020 --> 01:15:48,239
You know, these are real estate investments. Everybody who invests

1340
01:15:48,239 --> 01:15:52,260
money understand. They don't understand SI, but they understand, you

1341
01:15:52,260 --> 01:15:55,800
know, bricks and mortar. Okay, I got that. I'll put

1342
01:15:55,800 --> 01:15:58,149
my money in that. We don't want that to unwind,

1343
01:15:58,149 --> 01:16:01,220
and Trump doesn't want it to unwind. And I personally...

1344
01:16:01,199 --> 01:16:04,439
I believe we are on the cusp of an outrageous,

1345
01:16:04,439 --> 01:16:10,770
incredibly cool moment in time. I would go with super

1346
01:16:10,770 --> 01:16:14,420
duper intelligence then. I mean, why stop? Why stop super?

1347
01:16:14,859 --> 01:16:17,899
Let's just keep going. Super duper. But it's going to

1348
01:16:17,899 --> 01:16:22,800
change. everything. I agree. And I agree. I mean, like

1349
01:16:22,800 --> 01:16:26,439
really you won't be buying software. You'll make, you know,

1350
01:16:26,479 --> 01:16:29,989
you'll make stuff yourself. I mean, on tomorrow on podcasting

1351
01:16:29,989 --> 01:16:33,000
2.0, I'm going to tell everybody, like you're making a

1352
01:16:33,000 --> 01:16:36,340
podcast app. You should completely scrap your plans and start

1353
01:16:36,340 --> 01:16:40,359
over, you know, make an agent for podcasts. Because that's

1354
01:16:40,359 --> 01:16:43,819
what we're still podcast apps are still in boxes. Here's,

1355
01:16:43,819 --> 01:16:46,619
here's all my subjects. And here's me, here's my messages.

1356
01:16:47,119 --> 01:16:49,050
You know, it is no agenda. And there's the no

1357
01:16:49,050 --> 01:16:52,329
agenda messages. There's a DH unplugged and there's DH unplugged

1358
01:16:52,329 --> 01:16:56,170
messages. Now, you know, My agent's going to say, hey,

1359
01:16:56,170 --> 01:16:59,220
you know, the new This Week in Bitcoin dropped. Hey,

1360
01:16:59,220 --> 01:17:01,060
you know, Chris is talking about this, this, and this.

1361
01:17:01,100 --> 01:17:02,260
You want to listen to it? Or want to hear

1362
01:17:02,260 --> 01:17:05,029
a clip real quick? And hey, there's another podcast that

1363
01:17:05,029 --> 01:17:08,039
sounds just like it. It has some interesting other things.

1364
01:17:08,100 --> 01:17:09,560
You want to listen to that? Should I subscribe to

1365
01:17:09,560 --> 01:17:11,050
that? Should I tell you when it comes? I mean,

1366
01:17:11,050 --> 01:17:13,310
all of this stuff is going to happen. All of

1367
01:17:13,310 --> 01:17:15,500
it. And that's just that. Your phone is just going

1368
01:17:15,500 --> 01:17:18,340
to be a slab. Well, there's so many things that

1369
01:17:18,340 --> 01:17:21,159
we can't even think about. Well, the thing is, you

1370
01:17:21,159 --> 01:17:23,819
can. You can. You are. People don't know this, but

1371
01:17:23,819 --> 01:17:27,720
you're a maker. You program. You've done stuff. You've made,

1372
01:17:27,720 --> 01:17:32,109
you know, models and trading things. Yep. So now you

1373
01:17:32,109 --> 01:17:36,359
can just make it. You just say, make it. Here's

1374
01:17:36,359 --> 01:17:39,600
an admission. As of last week, I am now the

1375
01:17:39,600 --> 01:17:43,500
proud subscriber. I bet you're using GrokBot. I'm using GrokBot.

1376
01:17:43,579 --> 01:17:46,750
Some very, very super-duper special person told me about that

1377
01:17:46,750 --> 01:17:49,250
one. Super-duper. Oh, you mean your friend in Texas, the

1378
01:17:49,250 --> 01:17:53,130
super-duper intelligence guy? Yeah. That's him. But as of last

1379
01:17:53,130 --> 01:17:56,350
week, I am the proud subscriber to, I think, five

1380
01:17:56,350 --> 01:18:02,319
different AI model or AI programs for different reasons. Yeah.

1381
01:18:02,319 --> 01:18:04,880
Just the basics. Yeah. Yeah. So I'm just saying I'm

1382
01:18:04,880 --> 01:18:06,760
finally paying for everything. It was free for a while

1383
01:18:06,760 --> 01:18:08,710
for this one, for that one. Now I'm paying $20

1384
01:18:08,710 --> 01:18:10,579
a month for that, $30 a month for that. It's

1385
01:18:10,579 --> 01:18:12,600
worth it. It's totally worth it. I can tell you

1386
01:18:12,600 --> 01:18:15,550
X, Facebook, Instagram, that's all going to change too. It's

1387
01:18:15,550 --> 01:18:18,449
all going away. You'll be like, I got my own

1388
01:18:18,449 --> 01:18:23,300
little Instagram with my buddies. I had my agent make

1389
01:18:23,300 --> 01:18:26,260
it. But there's still a lot of fear out there.

1390
01:18:26,380 --> 01:18:28,460
I mean, there's this hysteria about it. Well, of course,

1391
01:18:28,460 --> 01:18:30,409
because we're being told to be afraid. We're all going

1392
01:18:30,409 --> 01:18:33,600
to die. The children will never see snow. Come on.

1393
01:18:34,130 --> 01:18:39,079
Play mass hysteria. But it's such a beautiful confluence of

1394
01:18:39,079 --> 01:18:44,010
the midterms and Republicans being all in data centers and

1395
01:18:44,010 --> 01:18:48,189
the flock cameras and Skynet and Terminator and all this

1396
01:18:48,189 --> 01:18:51,300
stuff. And people are going out of their minds. But

1397
01:18:51,300 --> 01:18:55,510
look, I'm 62. It's like I know what I'm going

1398
01:18:55,510 --> 01:18:57,449
to do with the rest of my years. I'm doing

1399
01:18:57,449 --> 01:19:02,470
it for Jesus. But everyone else, young people, figure this

1400
01:19:02,470 --> 01:19:07,079
stuff out. There's going to be so many opportunities. And

1401
01:19:07,079 --> 01:19:11,010
I'm not talking about... making some subset AI thing. But

1402
01:19:11,010 --> 01:19:16,539
there'll be businesses. It'll make you more productive. Have you

1403
01:19:16,539 --> 01:19:18,739
gotten Jill on any kind of bot? You've got to

1404
01:19:18,739 --> 01:19:21,590
get her on Muse. Muse is phenomenal. I'm going to

1405
01:19:21,590 --> 01:19:24,180
try that. She has been planning a trip. Yeah. To

1406
01:19:24,180 --> 01:19:29,100
Malaysia that we're taking. Mm-hmm. And utilizing primarily the bots.

1407
01:19:29,319 --> 01:19:32,229
Yeah. To help us wind through. I was in Italy

1408
01:19:32,229 --> 01:19:36,239
and I was in front of a cathedral. Yeah. And

1409
01:19:36,239 --> 01:19:38,329
I said, you know, it looks like to me, if

1410
01:19:38,329 --> 01:19:40,270
you look at the top, it looks like the 12

1411
01:19:40,270 --> 01:19:43,039
apostles up there. I'm not sure exactly what this is.

1412
01:19:43,260 --> 01:19:44,850
I couldn't make out exactly what was going on right

1413
01:19:44,850 --> 01:19:47,279
from the front facade. I took a picture of it.

1414
01:19:47,359 --> 01:19:49,189
I said, here's where I am. Can you explain this

1415
01:19:49,189 --> 01:19:51,380
to me? Yeah. Explain the whole thing to me. I

1416
01:19:51,380 --> 01:19:54,960
mean, that's rudimentary. I get it. But recipes? I've made

1417
01:19:54,960 --> 01:19:57,819
changed bread recipes. And you're a chef. You're a chef.

1418
01:19:57,920 --> 01:20:01,520
Let's just say you're a chef. Incredible. Incredible. But you

1419
01:20:01,520 --> 01:20:04,989
got to think way broader than that. Of course. Of

1420
01:20:04,989 --> 01:20:07,260
course. And then the tie-ins, I get in the office

1421
01:20:07,260 --> 01:20:09,619
on a Monday, I get a list of special items

1422
01:20:09,619 --> 01:20:11,640
I need to make sure I focus on from the...

1423
01:20:11,829 --> 01:20:14,380
uh from chat that that ties into my gmail gives

1424
01:20:14,380 --> 01:20:16,899
me a full list of that every day we produce

1425
01:20:16,899 --> 01:20:20,300
written like me with the stocks that we own a

1426
01:20:20,300 --> 01:20:23,460
full piece that comes back to me to make sure

1427
01:20:23,460 --> 01:20:26,359
nothing that slipped through the cracks that i didn't didn't

1428
01:20:26,359 --> 01:20:28,430
read but about anything we own do you feel at

1429
01:20:28,430 --> 01:20:32,729
any point threatened by these things you're using Do I?

1430
01:20:32,729 --> 01:20:34,859
No, not at all. No, of course not. It's a

1431
01:20:34,859 --> 01:20:38,439
tool. It's a phenomenal tool. A lot of people out

1432
01:20:38,439 --> 01:20:41,529
there freaking out. Well, because they're being told to freak

1433
01:20:41,529 --> 01:20:44,279
out and the president is trying to calm it down.

1434
01:20:44,359 --> 01:20:47,960
He says, hey, you guys suck. Stop this nonsense. We

1435
01:20:47,960 --> 01:20:50,899
can't have the world unraveling over this. It's going to

1436
01:20:50,899 --> 01:20:53,300
screw our economy. What are the mag seven at this

1437
01:20:53,300 --> 01:20:57,500
point of our GDP? Forty percent. Some outrageous amount. Yeah.

1438
01:20:57,600 --> 01:21:00,579
It's going to change things, and if you don't adapt,

1439
01:21:00,579 --> 01:21:02,619
you're going to lose. It's just like buggy whips. But

1440
01:21:02,619 --> 01:21:05,279
it's going to go really fast. Yeah, I agree with

1441
01:21:05,279 --> 01:21:07,279
that. It's going to be a technology. So I was

1442
01:21:07,279 --> 01:21:11,149
talking to Pastor Jimmy. And we didn't talk about that.

1443
01:21:11,149 --> 01:21:12,720
We do the show. We get to do this, but

1444
01:21:12,720 --> 01:21:15,000
we didn't talk about this. So he texted me one

1445
01:21:15,000 --> 01:21:18,100
morning, says, oh, man, like I can't put links on

1446
01:21:18,100 --> 01:21:21,300
the on the church web on the church Facebook page.

1447
01:21:21,359 --> 01:21:24,739
And we're talking about says, well, you can do two

1448
01:21:24,739 --> 01:21:28,560
links a month and otherwise you have to pay. What?

1449
01:21:28,800 --> 01:21:30,539
Yeah. So if you want four links, you got to

1450
01:21:30,539 --> 01:21:32,590
pay $20. If you want eight links, you got to

1451
01:21:32,590 --> 01:21:36,329
pay $40. You can. Yeah. Yeah. And I said, well,

1452
01:21:36,329 --> 01:21:39,720
is this what is what about the bridge church? Well,

1453
01:21:39,720 --> 01:21:42,640
it's a business account. OK. Says, but, you know, we're

1454
01:21:42,640 --> 01:21:45,800
a nonprofit. I said, oh, stop right there. Just because

1455
01:21:45,800 --> 01:21:48,659
you're non-profit doesn't mean you don't spend money or have

1456
01:21:48,659 --> 01:21:51,390
money coming in. It's like there's lots of non-profits that

1457
01:21:51,390 --> 01:21:54,100
have to spend money on stuff, and Facebook is now

1458
01:21:54,100 --> 01:21:57,239
charging you. So stop with the, oh, but we're a

1459
01:21:57,239 --> 01:22:00,600
church, but you look into it. And the reason why

1460
01:22:00,600 --> 01:22:02,779
they have to do this with these business accounts is

1461
01:22:02,779 --> 01:22:05,609
because people are spinning up bots everywhere. And the bots

1462
01:22:05,609 --> 01:22:08,899
are, you know, passive, you know, posting massively gaming the

1463
01:22:08,899 --> 01:22:13,289
algorithm. So Facebook has to has to counter that. Well,

1464
01:22:13,289 --> 01:22:16,699
what's going to happen? is everyone in the church is

1465
01:22:16,699 --> 01:22:18,489
going to have their own bot, and that bot is

1466
01:22:18,489 --> 01:22:20,609
going to get alerted by the church bot that there's

1467
01:22:20,609 --> 01:22:22,569
something going on on Wednesday night. I mean, I can

1468
01:22:22,569 --> 01:22:26,819
see this coming down Broadway. And people, you know, seriously,

1469
01:22:26,819 --> 01:22:31,680
I would dump my Microsoft stock I would say Apple

1470
01:22:31,680 --> 01:22:34,010
is a good one to hold. I'm going to give

1471
01:22:34,010 --> 01:22:35,489
you some advice. Do you want some advice? Do you

1472
01:22:35,489 --> 01:22:37,420
buy stocks and bonds? No, I was waiting an hour

1473
01:22:37,420 --> 01:22:39,949
and a half already. I'm waiting 90 minutes. Do you

1474
01:22:39,949 --> 01:22:42,100
want to leave your wife rich? I'm going to tell

1475
01:22:42,100 --> 01:22:43,699
you what to do, okay? Okay, let me get a

1476
01:22:43,699 --> 01:22:47,279
pen. So dump all of the software stocks. Dump Office.

1477
01:22:47,880 --> 01:22:50,979
I'm sure you're not in Microsoft anyway. Apple has a

1478
01:22:50,979 --> 01:22:54,420
real shot because of the hardware they're making and the

1479
01:22:54,420 --> 01:22:57,630
chips that they have for local AI models. But they're

1480
01:22:57,630 --> 01:23:01,619
arrogant, so I wouldn't allocate too much into Apple because

1481
01:23:01,619 --> 01:23:04,960
they're just arrogant, the a-holes. They charge too much for

1482
01:23:04,960 --> 01:23:10,779
their hardware. AMD just bought this company that's putting a…

1483
01:23:10,989 --> 01:23:13,250
Large language model on the chip, so it's going to

1484
01:23:13,250 --> 01:23:15,880
be super fast, easy to run on your computer. You

1485
01:23:15,880 --> 01:23:19,819
know, you can't buy Hugging Face at NVIDIA, but NVIDIA,

1486
01:23:19,819 --> 01:23:22,460
you probably should have bought that for the stock buyback,

1487
01:23:22,460 --> 01:23:26,590
etc. But, and I've always, I have not a fan

1488
01:23:26,590 --> 01:23:32,020
of Meta, never been a fan. But Zuckerberg figured it

1489
01:23:32,020 --> 01:23:36,239
out. He figured it out with Muse, and he's going

1490
01:23:36,239 --> 01:23:39,550
to cannibalize all of his other businesses for this. Because

1491
01:23:39,550 --> 01:23:41,819
I've been using Muse now for a couple of weeks.

1492
01:23:42,119 --> 01:23:44,079
I see what it's doing. I see how it integrates

1493
01:23:44,079 --> 01:23:46,670
into your life. I give it a lot of access,

1494
01:23:46,670 --> 01:23:51,659
but not everything, but enough. And it is outstanding. And

1495
01:23:51,659 --> 01:23:54,859
I think part of these let's let's just slow down,

1496
01:23:54,859 --> 01:23:58,940
people, is because everyone started off with, look, I got

1497
01:23:58,940 --> 01:24:02,239
chat GPT. It's a chat button, which I hate. Oh,

1498
01:24:02,239 --> 01:24:05,159
well, children are dying. Oh, this thing's not so good.

1499
01:24:05,159 --> 01:24:08,949
Okay, committing suicide. Well, we're doing enterprise now. Code. It's

1500
01:24:08,949 --> 01:24:11,550
all code. But it's all code, code, code. And then

1501
01:24:11,550 --> 01:24:14,600
the enterprises went, wait a minute, I'm giving you all

1502
01:24:14,600 --> 01:24:17,930
my business intelligence. I'm not so happy about that. So

1503
01:24:17,930 --> 01:24:21,130
I'll develop with your frontier model from your lab, which

1504
01:24:21,130 --> 01:24:26,680
is... gobbledygook for dudes in cubicles. And I'm going to

1505
01:24:26,680 --> 01:24:28,960
run it on some open source models over here on

1506
01:24:28,960 --> 01:24:32,550
my own hardware. And then Zuckerberg flips the script and

1507
01:24:32,550 --> 01:24:35,590
everyone saw exactly what he did. Like, holy crap, this

1508
01:24:35,590 --> 01:24:38,619
guy has the audience. He can convert everybody to this

1509
01:24:38,619 --> 01:24:43,940
stuff. And... I mean, that podcast app example I gave,

1510
01:24:43,940 --> 01:24:46,699
I actually built a version of that on Muse last

1511
01:24:46,699 --> 01:24:50,199
night, sitting on the couch watching West Wing. And so

1512
01:24:50,199 --> 01:24:55,420
the capabilities that you'll have, that's the guy you want

1513
01:24:55,420 --> 01:24:59,550
to go with. Everything else, no. I mean, it's all

1514
01:24:59,550 --> 01:25:03,000
going to fall apart. I don't think websites will even

1515
01:25:03,000 --> 01:25:08,940
be a thing anymore. Here's the new term, AEO. AEO.

1516
01:25:09,989 --> 01:25:15,010
Ask engine optimization. Oh, yeah. Yeah. I got some Silicon

1517
01:25:15,010 --> 01:25:17,659
Valley jargon for you. Look at that. I got that

1518
01:25:17,659 --> 01:25:19,720
in my in my stand up meeting with our EOS,

1519
01:25:19,720 --> 01:25:24,350
which is entrepreneurial entrepreneurial operating system. Oh, look at you.

1520
01:25:24,350 --> 01:25:27,670
Wow. Just it's like it's like garbage just is flowing

1521
01:25:27,670 --> 01:25:30,899
from your lips. And yes, but but these are real

1522
01:25:30,899 --> 01:25:34,619
terms that are out there. So it is going to

1523
01:25:34,619 --> 01:25:37,699
be I'm happy to be alive now because it's going

1524
01:25:37,699 --> 01:25:41,539
to be an outrageous, amazing thing to witness. Now, is

1525
01:25:41,539 --> 01:25:44,529
it going to be bad stuff? Oh, yeah. People are

1526
01:25:44,529 --> 01:25:50,220
already using their AI to hack into their FSD, full

1527
01:25:50,220 --> 01:25:55,220
self-drive systems. There's going to be all kinds of mayhem.

1528
01:25:55,779 --> 01:25:59,909
But when the Internet came along… Man, it was mayhem,

1529
01:25:59,909 --> 01:26:03,500
too. I remember. I'm never putting my credit card in

1530
01:26:03,500 --> 01:26:08,199
the Internet. Never going to do that. It's crazy. Amazon.

1531
01:26:09,260 --> 01:26:12,779
Short Amazon. So they're going to be the – oh,

1532
01:26:12,779 --> 01:26:15,739
man, the trouble of those guys. Well, Amazon already said

1533
01:26:15,739 --> 01:26:17,569
that they're not going to allow for Mews to work

1534
01:26:17,569 --> 01:26:21,039
in there because they don't want the arbitrage of the

1535
01:26:21,039 --> 01:26:24,479
using Mews to find cheaper rates either with them or

1536
01:26:24,479 --> 01:26:28,239
with somewhere else. So my Mews bumped into this. I

1537
01:26:28,239 --> 01:26:31,079
said, what can we do? Well, yeah. I can set

1538
01:26:31,079 --> 01:26:34,029
up a tunnel into your computer, and then I can

1539
01:26:34,029 --> 01:26:37,659
go through your computer using one of your web browsers,

1540
01:26:37,659 --> 01:26:40,649
because they fingerprint everything, and it'll look just like it's

1541
01:26:40,649 --> 01:26:44,649
you. Okay, let's do that. Boom. It's doing stuff on

1542
01:26:44,649 --> 01:26:48,149
Amazon for me. It's going around that. You can't stop

1543
01:26:48,149 --> 01:26:50,239
this stuff. And by the way, maybe we get some

1544
01:26:50,239 --> 01:26:57,029
healthy competition. The whole idea of, you know, it is,

1545
01:26:57,029 --> 01:27:02,059
in fact, the people's weapon against this dynamic pricing trend

1546
01:27:02,059 --> 01:27:05,340
that we're seeing. Oh, that is something. As a matter

1547
01:27:05,340 --> 01:27:08,680
of fact... There's some discussion about that AOC. He was

1548
01:27:08,680 --> 01:27:10,880
all shot up. He was all shot up about that.

1549
01:27:11,180 --> 01:27:14,300
We haven't played AOC on this show in years. This

1550
01:27:14,300 --> 01:27:17,159
is a wow. Okay. Andrew bringing the heat. This is

1551
01:27:17,159 --> 01:27:19,680
something. Okay. Here we go. You want to hear it?

1552
01:27:19,720 --> 01:27:23,750
Yeah, of course. What the elite want, and they're already

1553
01:27:23,750 --> 01:27:28,940
planning for it, is... to hoard all of the resources

1554
01:27:28,940 --> 01:27:33,940
for themselves as the world gets more and more physically

1555
01:27:33,940 --> 01:27:39,500
unstable. And in an environment of AI, they want to

1556
01:27:39,500 --> 01:27:43,510
wipe out all of our livelihoods. They want to make

1557
01:27:43,510 --> 01:27:46,869
sure none of us have jobs. And they want to

1558
01:27:46,869 --> 01:27:50,770
keep all the spoils of those riches while consuming and

1559
01:27:50,770 --> 01:27:54,140
burning energy at a pace that is completely unsustainable to

1560
01:27:54,140 --> 01:27:57,279
make this worse. Because that makes so much sense. So

1561
01:27:57,279 --> 01:28:01,319
ridiculous. Vote Democrat. Vote Democrat. Whatever you do, don't vote

1562
01:28:01,319 --> 01:28:04,539
Republican because they're going to kill you. Well, of course,

1563
01:28:04,539 --> 01:28:10,559
this is great. The idea, the absurdity of the idea

1564
01:28:10,559 --> 01:28:15,350
that she's in front of this... More perfect university students

1565
01:28:15,350 --> 01:28:19,149
versus billionaires town hall. Yeah. And she is saying that

1566
01:28:19,149 --> 01:28:22,529
the billionaires and all these places that you are paying

1567
01:28:22,529 --> 01:28:25,100
money to and you're doing work for and all that

1568
01:28:25,100 --> 01:28:28,319
once you eradicated because then they can profit more is

1569
01:28:28,319 --> 01:28:33,079
so absurd. It makes this ridiculous. Makes no sense. Yeah,

1570
01:28:33,079 --> 01:28:37,680
she goes on. AI systems want... It's SI, lady. Get

1571
01:28:37,680 --> 01:28:40,510
it straight. It's SI. Didn't you read the morally binding

1572
01:28:40,510 --> 01:28:47,539
agreement? AI systems wants us to be dependent and outsource

1573
01:28:47,539 --> 01:28:54,020
our cognition to a machine. What? I didn't hear you.

1574
01:28:54,020 --> 01:28:58,710
My cognition is in the machine. And... They want us

1575
01:28:58,710 --> 01:29:05,729
to increasingly rely on AI systems so that they can

1576
01:29:05,729 --> 01:29:11,319
sell intelligence back to us. Well, since when is that

1577
01:29:11,319 --> 01:29:17,550
new? This whole thing. First, vote Democrat. Start again. Start

1578
01:29:17,550 --> 01:29:19,579
for a second. Start the beginning for a second. Go

1579
01:29:19,579 --> 01:29:22,440
to the top. The second clip. Okay, here we go.

1580
01:29:22,800 --> 01:29:29,909
AI systems want us to be dependent and outsource our

1581
01:29:29,909 --> 01:29:34,440
cognition. Hold on. So she's saying basically – she uses

1582
01:29:34,440 --> 01:29:37,109
the they. She's talking about the AI systems like as

1583
01:29:37,109 --> 01:29:40,190
in they are alive and cooking already. Like they are

1584
01:29:40,190 --> 01:29:44,449
telling – she's making this sound like and creating this

1585
01:29:44,449 --> 01:29:49,640
environment that is already a war. Between humans and AI.

1586
01:29:49,840 --> 01:29:52,479
They're making decisions. They want this. They're smart. They want

1587
01:29:52,479 --> 01:29:55,789
to keep you down. This is the same crap that

1588
01:29:55,789 --> 01:29:59,960
she talks about with the Republicans, the rich, everybody else.

1589
01:30:00,060 --> 01:30:02,850
out there is trying to keep you down and you

1590
01:30:02,850 --> 01:30:07,220
need to reach up and obviously the and commentary is

1591
01:30:07,220 --> 01:30:12,039
vote Republican. But first, we always need the antidote because

1592
01:30:12,039 --> 01:30:14,739
we're not going to stand for this. We're not going

1593
01:30:14,739 --> 01:30:18,090
to stand for them, the AIs, trying to outsource our

1594
01:30:18,090 --> 01:30:23,510
cognition. No! But resist, we much. We must and we

1595
01:30:23,510 --> 01:30:29,579
will much about this. That, be committed. Exactly, Reverend Allen.

1596
01:30:29,800 --> 01:30:31,539
We're going to resist much. And that made more sense.

1597
01:30:31,880 --> 01:30:35,210
That made more sense. All right. Both those clips. Third

1598
01:30:35,210 --> 01:30:39,199
clip is the third one? Yeah. Yeah. Your data. What?

1599
01:30:39,300 --> 01:30:42,079
Someone clap for that? Oh, that's amazing. That's pretty crazy.

1600
01:30:42,239 --> 01:30:44,800
Hold on a second. Let me go back here. So.

1601
01:30:44,800 --> 01:30:51,210
So. Your data should belong to you. To you. Oh,

1602
01:30:51,210 --> 01:30:55,460
yeah. Oh, yeah. Yes, you. You. And it should not

1603
01:30:55,460 --> 01:31:00,909
be. We need to understand these systems. AI, data, all

1604
01:31:00,909 --> 01:31:07,920
of this are founded on theft. They are stealing what

1605
01:31:07,920 --> 01:31:13,670
is yours, your face, your behaviors, your privacy. We have

1606
01:31:13,670 --> 01:31:17,300
a right to privacy in the United States of America.

1607
01:31:17,399 --> 01:31:19,649
And they are violating that. Might as well. You can

1608
01:31:19,649 --> 01:31:21,119
stop there. And monetizing that. You don't have the right.

1609
01:31:21,220 --> 01:31:22,659
You do not have the right. You gave away the

1610
01:31:22,659 --> 01:31:25,489
right. You signed the EULA. EULA. Yeah. You decided that

1611
01:31:25,489 --> 01:31:28,029
you wanted to have a free Facebook, a free Twitter,

1612
01:31:28,029 --> 01:31:32,369
a free Instagram. You decided. And then you. Don't like

1613
01:31:32,369 --> 01:31:34,939
it. Don't like it. Well, and then we decided. You

1614
01:31:34,939 --> 01:31:38,500
know what? Not only that. I am going to puke.

1615
01:31:38,609 --> 01:31:42,039
Everything that I do, everyone I see, everything I buy,

1616
01:31:42,039 --> 01:31:46,399
everything I like onto a platform that they can just

1617
01:31:46,399 --> 01:31:49,600
take and utilize to resell stuff to me. And now

1618
01:31:49,600 --> 01:31:52,560
we're pissed off about it. My data, my choice, baby.

1619
01:31:52,699 --> 01:31:56,010
Yeah. So I'm telling you. So so Musk actually addressed

1620
01:31:56,010 --> 01:31:59,619
this. Yeah. at the little conference they had in the

1621
01:31:59,619 --> 01:32:14,399
driveway. And he messed it up, too. Trump's like, give

1622
01:32:14,399 --> 01:32:16,619
this to Elon. Elon, I didn't see you back there.

1623
01:32:16,680 --> 01:32:19,239
What are you doing? Elon, come on. Come on. What

1624
01:32:19,239 --> 01:32:21,270
are the jobs of the future? Elon, go ahead, you

1625
01:32:21,270 --> 01:32:24,100
could answer that question. Sorry, the question was about age

1626
01:32:24,100 --> 01:32:25,359
of abundance. What are the jobs of the future? Because

1627
01:32:25,359 --> 01:32:29,100
people looking at this will be worried, particularly laptop jobs.

1628
01:32:29,100 --> 01:32:31,319
What are they going to do in the future? What

1629
01:32:31,319 --> 01:32:32,739
are we going to do? Well, I think it is

1630
01:32:32,739 --> 01:32:37,439
worth highlighting the positive benefits of AI. Which will... SI.

1631
01:32:37,439 --> 01:32:41,039
Whoops! Oh, come on! Oh, come on! Save face real

1632
01:32:41,039 --> 01:32:44,840
quick! Thank you! Super intelligence. I think by far the

1633
01:32:44,840 --> 01:32:48,979
most likely outcome is an age of abundance, where we

1634
01:32:48,979 --> 01:32:51,859
don't have just a universal basic income, we have universal

1635
01:32:51,859 --> 01:32:54,619
high income. There we go. There's the new one. Universal

1636
01:32:54,619 --> 01:32:57,859
high income. But did you hear when he stepped on

1637
01:32:57,859 --> 01:33:01,560
the stage, he said age of abundance question first? Yes.

1638
01:33:02,159 --> 01:33:04,100
He knew what the answer was going to be where,

1639
01:33:04,100 --> 01:33:06,840
you know, that in other words, it was probably a

1640
01:33:06,840 --> 01:33:11,000
softball throne. Oh, well, she the lady even started with

1641
01:33:11,000 --> 01:33:15,260
super intelligence SI. So she's all in. Yeah, but I

1642
01:33:15,260 --> 01:33:21,199
agree. This whole universal high income, okay, whatever, Elon. And

1643
01:33:21,199 --> 01:33:23,840
then he plays all sides of the fence. Like, you

1644
01:33:23,840 --> 01:33:27,520
know, your robots are going to do this, whatever. Sure.

1645
01:33:28,180 --> 01:33:31,539
But I personally, having used this for the past 24

1646
01:33:31,539 --> 01:33:36,710
months, Having taken my workload down significantly for this show,

1647
01:33:36,710 --> 01:33:39,159
too, and for other things I'm doing, I'm able to

1648
01:33:39,159 --> 01:33:42,329
do more because I have a human job. And, oh,

1649
01:33:42,329 --> 01:33:45,920
well, I guess the AI is going to take over.

1650
01:33:46,020 --> 01:33:48,890
Good luck. Good luck with taking over my job. You

1651
01:33:48,890 --> 01:33:51,840
can't be as bad as I am. It'll be too

1652
01:33:51,840 --> 01:33:56,159
perfect. It'll never be good. You can't bake in humor.

1653
01:33:56,640 --> 01:33:58,489
You can't do any of those things. This is the

1654
01:33:58,489 --> 01:34:02,409
equivalent, in a way, of a very rude, basic, crude

1655
01:34:02,409 --> 01:34:07,250
discussion of the difference between using a sledgehammer to break

1656
01:34:07,250 --> 01:34:11,180
a rock and utilizing a machine that will do the

1657
01:34:11,180 --> 01:34:15,520
same thing. In other words, the task may be the

1658
01:34:15,520 --> 01:34:17,869
same. Plate, if you don't mind, mass hysteria. I'm doing

1659
01:34:17,869 --> 01:34:19,630
this, by the way, for two reasons. One is in

1660
01:34:19,630 --> 01:34:22,619
memory of John. This would have been a John clip

1661
01:34:22,619 --> 01:34:26,050
that would have got him just so irritated. Tracy Foose

1662
01:34:26,050 --> 01:34:30,829
joins us now. She's a psychiatrist and anxiety specialist. And,

1663
01:34:30,829 --> 01:34:33,539
you know, if there's one thing I know about anxiety,

1664
01:34:33,539 --> 01:34:37,640
Dr. Fuss, it's that uncertainty can really feed it. Right.

1665
01:34:37,640 --> 01:34:41,539
There is so much uncertainty around A.I. right now. And

1666
01:34:41,539 --> 01:34:44,500
now you have these predictions that it could lose lead

1667
01:34:44,500 --> 01:34:46,890
to the extinction of humans by the end of the

1668
01:34:46,890 --> 01:34:50,569
decade. What is your advice for people? There's the vocal

1669
01:34:50,569 --> 01:34:54,029
fry of the decades. The decades. What's happening with this

1670
01:34:54,029 --> 01:34:58,930
anxiety right now? Well, first of all, Pamela, thank you

1671
01:34:58,930 --> 01:35:00,979
for having me on. Thank you, Pam. This is such

1672
01:35:00,979 --> 01:35:03,359
an important topic, but I love that you started with

1673
01:35:03,359 --> 01:35:07,680
uncertainty. Love it. I love that you differentiated that anxiety

1674
01:35:07,680 --> 01:35:11,680
is something we experience as an emotion. That's wonderful. when

1675
01:35:11,680 --> 01:35:15,680
we're feeling uncertain about my feelings and we contrast that

1676
01:35:15,680 --> 01:35:18,680
with fear which is what we feel when we know

1677
01:35:18,680 --> 01:35:21,409
the threat is certain when we're at war there's a

1678
01:35:21,409 --> 01:35:25,800
pandemic and it's killing people we know this is literally

1679
01:35:25,800 --> 01:35:33,260
neuro-linguistic programming you're listening to me because I'm have fear

1680
01:35:33,260 --> 01:35:37,619
because you know pandemic and pandemic and financing your job

1681
01:35:37,619 --> 01:35:40,970
and be afraid which is what we feel when we

1682
01:35:40,970 --> 01:35:43,609
know the threat is certain when we're at war there's

1683
01:35:43,609 --> 01:35:46,039
a pandemic and it's killing people we know and we

1684
01:35:46,039 --> 01:35:50,029
could be next a I is different a I brings

1685
01:35:50,029 --> 01:35:53,239
up so much uncertainty And AI as a threat is

1686
01:35:53,239 --> 01:35:57,979
something that we can't really distinguish. Is this a threat?

1687
01:35:58,119 --> 01:36:01,470
Is it not a threat? We're hearing so many different

1688
01:36:01,470 --> 01:36:05,560
messages about the threatening nature of AI and also how

1689
01:36:05,560 --> 01:36:10,500
AI could save humanity. Save humanity. I'm waiting for it

1690
01:36:10,500 --> 01:36:13,640
to cure cancer. They keep promising that. Do you agree

1691
01:36:13,640 --> 01:36:16,119
that John would have been all over that? Yeah, he

1692
01:36:16,119 --> 01:36:19,260
would have he would have checked out of this conversation

1693
01:36:19,260 --> 01:36:22,220
20 minutes ago. He'd be like, this is bull crap.

1694
01:36:22,439 --> 01:36:26,979
It's just a database. It's a corpus. Yeah, yeah, yeah.

1695
01:36:27,520 --> 01:36:32,909
One thing that I actually thought this was pretty cool

1696
01:36:32,909 --> 01:36:38,010
was the America dot gov. Oh, yeah. You don't like

1697
01:36:38,010 --> 01:36:41,520
that? First of all, we talked about this on DHM

1698
01:36:41,520 --> 01:36:45,010
Plugged. Did you go to the site? Yeah. Have you

1699
01:36:45,010 --> 01:36:46,989
gone to America? Yeah, I did. Yeah, I did. And

1700
01:36:46,989 --> 01:36:48,479
what do you think? Did you like it? Do you

1701
01:36:48,479 --> 01:36:50,399
think it's a great idea? I think it's a fantastic

1702
01:36:50,399 --> 01:36:55,170
idea. Let's go to America.gov while we're here. First of

1703
01:36:55,170 --> 01:36:58,689
all, whoever put this together... Let me see if I

1704
01:36:58,689 --> 01:37:03,640
get there. Where's America.goo? You can't spell it goo. Dot

1705
01:37:03,640 --> 01:37:06,539
goo. Dot goo. America.goo. So the first thing, if you

1706
01:37:06,539 --> 01:37:08,340
go there, could you please follow along with me for

1707
01:37:08,340 --> 01:37:10,350
a moment? Yeah, hold on. No, hold on. I'm following

1708
01:37:10,350 --> 01:37:14,680
along. Hold on. Hold on a second. America.goo. Okay. Yeah,

1709
01:37:14,680 --> 01:37:18,399
I'm here. Right. I'm here. Hello, America. I have some

1710
01:37:18,399 --> 01:37:22,560
kids. likely from the 70s, jumping off a rock into

1711
01:37:22,560 --> 01:37:25,560
a lake. Which is the same picture if you see...

1712
01:37:25,619 --> 01:37:28,479
Always as a meme of one guy looking at the

1713
01:37:28,479 --> 01:37:31,130
girl, the girl looking back at the other guy. That's

1714
01:37:31,130 --> 01:37:32,800
going on here. Let's go to the next one, shall

1715
01:37:32,800 --> 01:37:34,600
we? Now I've got a guy standing on the back

1716
01:37:34,600 --> 01:37:36,779
of his pickup truck with a lot of seagulls. Now

1717
01:37:36,779 --> 01:37:38,710
I've got a Chinese spy in the back of the

1718
01:37:38,710 --> 01:37:41,850
car. Now I have some people sitting on the ledge

1719
01:37:41,850 --> 01:37:44,590
looking out over the ocean. Now I've got a black

1720
01:37:44,590 --> 01:37:46,300
guy. You've got a black guy in an escalator that

1721
01:37:46,300 --> 01:37:49,090
nobody wants to be with. Now I got a white

1722
01:37:49,090 --> 01:37:51,810
guy with gloves in the workshop. And now I have

1723
01:37:51,810 --> 01:37:53,979
a bunch of people being thrown out of their house.

1724
01:37:54,539 --> 01:37:56,760
We're getting the same. And then the next one, the

1725
01:37:56,760 --> 01:37:58,310
next one, the best, the kid at the airport. Mommy,

1726
01:37:58,310 --> 01:38:01,359
mommy, left him. Mommy left him at the airport. And

1727
01:38:01,359 --> 01:38:04,470
then there's another one about to strangle her boyfriend. Oh,

1728
01:38:04,470 --> 01:38:06,539
there's a dude with a metal detector looking for your

1729
01:38:06,539 --> 01:38:09,600
treasure in Fort Lauderdale. Oh, they clearly took the best

1730
01:38:09,600 --> 01:38:13,609
one off. It's gone. It was a guy saying, how

1731
01:38:13,609 --> 01:38:15,579
do I get like a birth certificate for my kid

1732
01:38:15,579 --> 01:38:17,659
or something like that? And it was a kid face

1733
01:38:17,659 --> 01:38:21,949
down, planted, spread eagle on a icy lake like he

1734
01:38:21,949 --> 01:38:25,550
was just thrown there. I'm surprised the images don't say

1735
01:38:25,550 --> 01:38:32,899
shutterstock.com. These are crazy images. Crazy. No, but. And so

1736
01:38:32,899 --> 01:38:36,149
I put in there, I say, because you can do

1737
01:38:36,149 --> 01:38:38,829
voice. I kind of like the voice. And I'm going

1738
01:38:38,829 --> 01:38:42,090
to say, I want to retire at 62. How much

1739
01:38:42,090 --> 01:38:46,359
money will I get? That's a pretty American-type question, right?

1740
01:38:46,520 --> 01:38:50,079
Okay. The answer, I get thinking. All right. Working through

1741
01:38:50,079 --> 01:38:53,600
your requests. I got all kinds of badges, reviewing sources.

1742
01:38:53,600 --> 01:38:56,579
Okay. I cannot give you a personal dollar amount. Social

1743
01:38:56,579 --> 01:38:59,529
security at 60 depends on your lifetime earnings. Okay. Then

1744
01:38:59,529 --> 01:39:02,250
it says what happens. It says I'll get a 30%

1745
01:39:02,250 --> 01:39:06,440
cut. And let's see. Then it says here's where you

1746
01:39:06,440 --> 01:39:10,319
go for your benefit calculator, when to start benefits. I

1747
01:39:10,319 --> 01:39:13,930
found that to be pretty helpful instead of going to

1748
01:39:13,930 --> 01:39:17,859
ssa.gov. You could have found this with anything. John Estivore,

1749
01:39:17,859 --> 01:39:20,539
I believe, this was done with a – he said

1750
01:39:20,539 --> 01:39:22,289
the first people that were on this looking at it

1751
01:39:22,289 --> 01:39:25,239
said, what is your AI model? It was some Chinese

1752
01:39:25,239 --> 01:39:28,840
model. Well, let's – But now they took that off.

1753
01:39:29,500 --> 01:39:33,920
Well, okay. So boo-hoo. I'm running Chinese models. Who cares?

1754
01:39:34,649 --> 01:39:37,119
But do you think you need this site and it's

1755
01:39:37,119 --> 01:39:39,659
something they're going to disband all the rest of it?

1756
01:39:39,720 --> 01:39:44,750
I mean, they're basically trying to systematically – Just, I

1757
01:39:44,750 --> 01:39:46,579
mean, some of this would be good if it works.

1758
01:39:46,800 --> 01:39:50,270
Let me try this. How can I eliminate my podcast

1759
01:39:50,270 --> 01:39:54,539
co-host? Let's see what it says about that. Okay. You

1760
01:39:54,539 --> 01:39:56,500
get to shut them down now, I guess. We're going

1761
01:39:56,500 --> 01:40:03,600
to find out. Working through your request. Thinking. Working. I

1762
01:40:03,600 --> 01:40:06,760
help with official U.S. government services information. I can't help

1763
01:40:06,760 --> 01:40:09,449
you eliminate anyone. If you meant leaving or ending a

1764
01:40:09,449 --> 01:40:12,840
podcast partnership, that's a private business or legal matter. I

1765
01:40:12,840 --> 01:40:15,090
cannot give legal advice. If you have a question about

1766
01:40:15,090 --> 01:40:17,729
a federal program, benefit or agency, ask, it gave me

1767
01:40:17,729 --> 01:40:21,029
a reasonable answer. I mean, the government is doing a

1768
01:40:21,029 --> 01:40:22,940
good job. They're trying to change a lot. They're trying

1769
01:40:22,940 --> 01:40:24,779
to get rid of a lot of excess. It didn't

1770
01:40:24,779 --> 01:40:29,440
bother me. It didn't bother me. All right. Switch it

1771
01:40:29,440 --> 01:40:32,770
up to Hegseth. Well, this I completely agree with Hegseth

1772
01:40:32,770 --> 01:40:36,989
on this. Hegseth won. If you ladies leave my island,

1773
01:40:36,989 --> 01:40:41,000
if you survive recruit training, you will be a weapon.

1774
01:40:41,199 --> 01:40:43,940
You will be a minister of death, praying for war.

1775
01:40:44,000 --> 01:40:47,180
Who is this? But until that day, you are pukes.

1776
01:40:47,579 --> 01:40:50,119
You are the lowest form of life on earth. You

1777
01:40:50,119 --> 01:40:53,279
are not even human fucking beings. You are nothing but

1778
01:40:53,279 --> 01:40:58,460
unorganized, grabastic pieces of amphibian shit. Because I am hard,

1779
01:40:58,460 --> 01:41:01,690
you will not like me. But the more you hate

1780
01:41:01,690 --> 01:41:04,140
me, the more you will learn. I am hard, but

1781
01:41:04,140 --> 01:41:09,340
I am fair. That's Gunnery Sergeant Hartman from Full Metal

1782
01:41:09,340 --> 01:41:12,899
Jacket. Oh, yes. When I started to listen to the

1783
01:41:12,899 --> 01:41:17,149
Hexeth discussion where he was firing 20% of his... of

1784
01:41:17,149 --> 01:41:20,059
his generals and all the people in charge, it kind

1785
01:41:20,059 --> 01:41:23,020
of brought me back to that. Pair down the Pentagon.

1786
01:41:23,340 --> 01:41:25,199
I'm all with that. I'm good with that. Here we

1787
01:41:25,199 --> 01:41:29,369
go. No fatties, no trannies, no beardos, no weirdos. The

1788
01:41:29,369 --> 01:41:33,550
thing is, he flubbed the line. That was bad. I

1789
01:41:33,550 --> 01:41:36,659
think I actually have, well, he flubs it. No fanny.

1790
01:41:36,899 --> 01:41:40,059
No fannies. Oh, man, you flubbed the joke. No fanny.

1791
01:41:40,239 --> 01:41:44,100
No fatties. No trannies. No beardos. No weirdos. No wimps.

1792
01:41:44,380 --> 01:41:49,659
No radicals. Just warriors. Telling someone to get in shape

1793
01:41:49,659 --> 01:41:53,059
or shave or fix their uniform or whatever. Start busting

1794
01:41:53,059 --> 01:41:58,430
their ass. That's not discrimination. That's leadership. We've ended a

1795
01:41:58,430 --> 01:42:02,840
poisonous culture of risk aversion and empowered leaders at every

1796
01:42:02,840 --> 01:42:07,559
single level to simply enforce standards. The only focus, as

1797
01:42:07,559 --> 01:42:11,779
you know, in your formations should be training, readiness, accountability,

1798
01:42:11,779 --> 01:42:15,850
discipline and lethality. And when you pursue those things, you

1799
01:42:15,850 --> 01:42:19,029
don't have to walk on eggshells. Yeah. And the rest

1800
01:42:19,029 --> 01:42:25,020
of you are pukes, just pukes. You know, I don't

1801
01:42:25,020 --> 01:42:29,260
have a problem with that. I have the only problem

1802
01:42:29,260 --> 01:42:32,260
I have is the I say when people put on

1803
01:42:32,260 --> 01:42:34,510
their put on their pants and then get in the

1804
01:42:34,510 --> 01:42:38,329
shower. Right. Yeah. It seems as a pattern of doing

1805
01:42:38,329 --> 01:42:42,949
things without a full understanding, possibly of what's going on

1806
01:42:42,949 --> 01:42:46,309
and maybe replacements, if in fact he's replacing or getting

1807
01:42:46,309 --> 01:42:50,859
rid of. 20% about 170 active duty senior leadership positions

1808
01:42:50,859 --> 01:42:53,940
by January. Are there replacements or are we just doing

1809
01:42:53,940 --> 01:42:56,399
this? You know, that's my concern. We do things and

1810
01:42:56,399 --> 01:42:58,920
then we think about, oh, maybe we didn't think this

1811
01:42:58,920 --> 01:43:02,309
through so well. So far, it's been working okay. I

1812
01:43:02,309 --> 01:43:05,609
mean, how about an audit? Give me an audit, and

1813
01:43:05,609 --> 01:43:08,039
then we can talk about accountability. We have no idea

1814
01:43:08,039 --> 01:43:10,420
what's going in that black hole. That's a good point.

1815
01:43:10,520 --> 01:43:12,229
I agree. But it is podcast, and we get to

1816
01:43:12,229 --> 01:43:15,930
be brilliant. Yes. Well, I guess. Obviously, case in point,

1817
01:43:15,930 --> 01:43:20,750
Mr. Horowitz. But, you know, it's like our whole economy

1818
01:43:20,750 --> 01:43:24,190
runs on this. Let's not pussyfoot around it. The Europeans

1819
01:43:24,190 --> 01:43:26,440
are trying to do the same like Russia. We've got

1820
01:43:26,440 --> 01:43:29,659
to build a war economy. We've got to cut 10

1821
01:43:29,659 --> 01:43:32,750
percent of the budget because it has to go into

1822
01:43:32,750 --> 01:43:37,819
war. Okay. So this is not new. I've been around

1823
01:43:37,819 --> 01:43:40,539
for a while. So let's go back to the fear

1824
01:43:40,539 --> 01:43:42,819
stuff. You know, we have a pope now who's from

1825
01:43:42,819 --> 01:43:45,399
Chicago. He speaks English. If someone were to ask me,

1826
01:43:45,399 --> 01:43:48,539
am I in panic mode? No, I'm not. I sleep

1827
01:43:48,539 --> 01:43:51,500
at night. Wouldn't it be great if he just uses

1828
01:43:51,500 --> 01:43:55,140
actual Chicago accent? Because he has it. You know he

1829
01:43:55,140 --> 01:43:57,090
has it. This is like... Yeah, of course. Shavatican is

1830
01:43:57,090 --> 01:44:00,960
what he's speaking of. Shavatican. If someone were to ask

1831
01:44:00,960 --> 01:44:04,479
me, am I in panic mode? No, I'm not. I

1832
01:44:04,479 --> 01:44:07,319
sleep at night. No. I do think that the concerns

1833
01:44:07,319 --> 01:44:11,399
raised by many of the experts, specialists in AI, should

1834
01:44:11,399 --> 01:44:14,319
be taken seriously. I don't think that that is fake

1835
01:44:14,319 --> 01:44:17,809
news, as some have said, to try and cause whether

1836
01:44:17,809 --> 01:44:21,340
financial or some other kind of benefit. It's interesting to

1837
01:44:21,340 --> 01:44:24,859
note that just today... Wow, he's actually saying it. Trump

1838
01:44:24,859 --> 01:44:27,659
hasn't even said that. He says for some financial... That's

1839
01:44:27,659 --> 01:44:30,340
exactly what it is, Pope. A fake news, as some

1840
01:44:30,340 --> 01:44:34,369
have said, to try and cause whether financial or some

1841
01:44:34,369 --> 01:44:38,020
other kind of benefit. It's interesting to note that just

1842
01:44:38,020 --> 01:44:41,899
today I read that the head of NVIDIA claims that

1843
01:44:41,899 --> 01:44:46,800
he has found some way of inserting into AI technology.

1844
01:44:46,819 --> 01:44:49,880
certain guardrails, if you will, or limits so that they

1845
01:44:49,880 --> 01:44:53,340
won't go outside of their particular units and cause the

1846
01:44:53,340 --> 01:44:56,489
damage that people are talking about. He's the same one,

1847
01:44:56,489 --> 01:44:59,420
however, that says there should be no limits placed.

1848
01:45:00,090 --> 01:45:03,010
No government regulation, etc., etc. This is a problem that

1849
01:45:03,010 --> 01:45:05,060
I think we need to sit down and talk about.

1850
01:45:05,060 --> 01:45:09,069
We need to continue to invite political leaders, the leaders

1851
01:45:09,069 --> 01:45:16,569
of AI, social organizations, associations, to come together and look

1852
01:45:16,569 --> 01:45:19,970
at what is happening already and what could be down

1853
01:45:19,970 --> 01:45:23,029
the road. To simply say, oh, it's not going to

1854
01:45:23,029 --> 01:45:25,010
happen and close our eyes to it, I think is

1855
01:45:25,010 --> 01:45:28,739
probably not the most responsible way to go about that.

1856
01:45:28,739 --> 01:45:31,340
All right, so I'll insert my plug here. If you're

1857
01:45:31,340 --> 01:45:33,470
a believer or you're Christ curious and you want to

1858
01:45:33,470 --> 01:45:35,060
hear how you can look at this stuff in a

1859
01:45:35,060 --> 01:45:39,100
different way, go to WGTDT.com. We get to do this.

1860
01:45:39,720 --> 01:45:42,729
You'll hear a different voice, a different way of looking

1861
01:45:42,729 --> 01:45:45,039
at it. You can hear a little bit of his

1862
01:45:45,039 --> 01:45:49,000
Chicago accent. It's a show title for sure. Shavatican is

1863
01:45:49,000 --> 01:45:53,319
a show title. Here's NBC. Of course, Bill Gates. I

1864
01:45:53,319 --> 01:45:55,899
mean, Bill Gates, whenever he shows up, it's always groovy.

1865
01:45:55,989 --> 01:45:58,550
There's also a discussion about a kill switch. Is a

1866
01:45:58,550 --> 01:46:02,239
kill switch possible? Is that realistic at this point? The

1867
01:46:02,239 --> 01:46:06,270
kill switch, that's kind of a weird thing. It's not

1868
01:46:06,270 --> 01:46:10,449
enough to have the kill switch. They are not yet

1869
01:46:10,449 --> 01:46:17,220
at the point where they... They autonomously grab computers and,

1870
01:46:17,220 --> 01:46:21,380
you know, can't be shut down. So that discussion just

1871
01:46:21,380 --> 01:46:27,779
sort of shows how non-technical various people are. You know,

1872
01:46:27,779 --> 01:46:30,090
I would never want to say I'm against the kill

1873
01:46:30,090 --> 01:46:34,609
switch, but you don't... When you're trying to moderate the

1874
01:46:34,609 --> 01:46:40,800
bad behavior, you need insight and records of what's being

1875
01:46:40,800 --> 01:46:46,130
done. So the kill switches alone would not prevent these

1876
01:46:46,130 --> 01:46:51,079
tragedies. Now, you're a financial guy. Bill Gates, give me

1877
01:46:51,079 --> 01:46:54,949
a break. Like we trust him ever again. Two things.

1878
01:46:54,949 --> 01:47:00,859
First of all, He said nothing. No. Absolutely nothing. Exactly.

1879
01:47:01,079 --> 01:47:02,649
Okay? Yeah. And I don't know why they had him

1880
01:47:02,649 --> 01:47:05,119
on. He said kill switch a lot. He said kill

1881
01:47:05,119 --> 01:47:07,319
switch. Kill switch. And he would never be against the

1882
01:47:07,319 --> 01:47:09,659
kill switch. Never. Never be against the kill switch. No,

1883
01:47:09,659 --> 01:47:11,960
kill switch. It's too much. I've listened to a few

1884
01:47:11,960 --> 01:47:16,659
interviews with Bill Gates lately. Something's not right. You think?

1885
01:47:17,039 --> 01:47:19,260
Yeah, you can hear it in his voice. He's definitely,

1886
01:47:19,260 --> 01:47:23,720
first of all, he said nothing there at all. Really,

1887
01:47:23,720 --> 01:47:26,260
nothing. And then a few of the conversations I've heard,

1888
01:47:26,260 --> 01:47:30,000
he's like fumbling around more than he's fumbled around before.

1889
01:47:30,960 --> 01:47:33,899
Well, because he's got no skin in the game. He

1890
01:47:33,899 --> 01:47:36,460
was late to this. You know, he should have been

1891
01:47:36,460 --> 01:47:38,149
one of the... Back in the day, he would have

1892
01:47:38,149 --> 01:47:39,789
been more agile. He would have been one of the

1893
01:47:39,789 --> 01:47:41,920
leaders and he would have had a much bigger role,

1894
01:47:42,020 --> 01:47:44,430
but he was too busy with, you know, divorce and

1895
01:47:44,430 --> 01:47:47,829
all this stuff. By the way, the Pope... Much better,

1896
01:47:47,829 --> 01:47:50,890
by the way. The Pope was awesome. The Pope was

1897
01:47:50,890 --> 01:47:57,119
good. Let him run Microsoft into the ground. So the

1898
01:47:57,119 --> 01:48:02,039
Pope is talking about NVIDIA. And, you know, I've looked

1899
01:48:02,039 --> 01:48:05,159
at it, open shell. Yeah, this is exactly right. This

1900
01:48:05,159 --> 01:48:06,909
is the guy who has the chips that run the

1901
01:48:06,909 --> 01:48:10,399
stuff. Of course it's easy to build these guardrails. But

1902
01:48:10,399 --> 01:48:13,109
you as a financial guy... You know, when you hear

1903
01:48:13,109 --> 01:48:16,220
this from CNBC, you tell me what you think. Anthropic

1904
01:48:16,220 --> 01:48:20,479
has reportedly warned investors that its technology may pose existential

1905
01:48:20,479 --> 01:48:24,380
risk to humanity in its IPO prospectus. That's according to

1906
01:48:24,380 --> 01:48:27,460
Reuters and the Financial Times, which have seen the prospectus

1907
01:48:27,460 --> 01:48:29,630
after it was reportedly circulated to a small group of

1908
01:48:29,630 --> 01:48:34,439
partners. The company reportedly plans to spend $500. $18 billion

1909
01:48:34,439 --> 01:48:38,800
on cloud, computing and infrastructure obligations in coming years. It

1910
01:48:38,800 --> 01:48:42,859
reported a $42 billion net loss in 2025, despite revenue

1911
01:48:42,859 --> 01:48:47,590
growing 12-fold in the year to $4.6 billion. Anthropics backers

1912
01:48:47,590 --> 01:48:51,720
are confident the company could fetch a $2 trillion valuation

1913
01:48:51,720 --> 01:48:55,069
in its IPO, surpassing SpaceX, which lists $18 billion. in

1914
01:48:55,069 --> 01:48:59,220
June. Anthropic also released a new AI model called Sonnet

1915
01:48:59,220 --> 01:49:03,100
5.5, which offers faster technology at a lower cost. It's

1916
01:49:03,100 --> 01:49:06,779
the second launch since the company's CEO, Dario Amadei, called

1917
01:49:06,779 --> 01:49:09,069
for a slowdown in the pace of AI development two

1918
01:49:09,069 --> 01:49:12,840
weeks ago. Okay, you're a financial guy. You don't have

1919
01:49:12,840 --> 01:49:15,460
the S-1 filing yet, which is a document you build

1920
01:49:15,460 --> 01:49:17,909
to tell people about your IPO. What is your takeaway

1921
01:49:17,909 --> 01:49:20,510
from this report? Invest or not invest? Do you want

1922
01:49:20,510 --> 01:49:22,420
to get an allocation? Do you want to be on

1923
01:49:22,420 --> 01:49:24,539
this IPO or not? So I can just go back

1924
01:49:24,539 --> 01:49:27,079
to SpaceX. We did not want an allocation in that.

1925
01:49:27,640 --> 01:49:30,060
That did go from 135 to 200, back down to

1926
01:49:30,060 --> 01:49:32,789
106, down to 145. You would have popped out right

1927
01:49:32,789 --> 01:49:34,890
away. You usually can't do that. No, you can't do

1928
01:49:34,890 --> 01:49:37,119
that a lot of times. If you're early. But they

1929
01:49:37,119 --> 01:49:39,979
had the green shoe. They had the green shoe. There

1930
01:49:39,979 --> 01:49:42,630
was. But usually with the IPOs through the companies we

1931
01:49:42,630 --> 01:49:44,939
work with, they kind of mandate that, You're going to

1932
01:49:44,939 --> 01:49:47,039
hold for 30 days. I've always said that if any

1933
01:49:47,039 --> 01:49:48,970
IPO that lets me get into is an IPO, I

1934
01:49:48,970 --> 01:49:52,050
don't want to have. Well, there's a point. You got

1935
01:49:52,050 --> 01:49:55,180
a point there. But do you have any position in

1936
01:49:55,180 --> 01:49:58,750
SpaceX now? No. No. No. I still find that the

1937
01:49:58,750 --> 01:50:01,329
losses that they're taking – well, there's different components of

1938
01:50:01,329 --> 01:50:05,039
SpaceX, right? But, you know, the losses in the valuation

1939
01:50:05,039 --> 01:50:08,359
is absurd right now to me. Now, Grok is interesting.

1940
01:50:08,460 --> 01:50:11,210
Grok bought. You know, the whole thing, what they're doing

1941
01:50:11,210 --> 01:50:13,770
is interesting. The thing that really stuck out in that

1942
01:50:13,770 --> 01:50:17,670
was the existential risk discussion. That, folks, is a CYA

1943
01:50:17,670 --> 01:50:21,199
inside of a document that when – They put it

1944
01:50:21,199 --> 01:50:24,109
out. It just covers them for the future. I remember

1945
01:50:24,109 --> 01:50:28,159
writing RS1 in 1996, and it had all kinds of

1946
01:50:28,159 --> 01:50:30,979
stuff in there. Like, well, first of all, you could

1947
01:50:30,979 --> 01:50:33,939
lose all your money. We could totally screw it up.

1948
01:50:34,020 --> 01:50:37,119
We could burn it all. We could take LSD and

1949
01:50:37,119 --> 01:50:41,220
all go crazy. I mean, that's in there. And if,

1950
01:50:41,220 --> 01:50:43,710
in fact... They don't really need to put that in

1951
01:50:43,710 --> 01:50:45,760
there because in fact it comes true that there's an

1952
01:50:45,760 --> 01:50:48,039
existential risk. There's nobody to sue them anyway. So it's

1953
01:50:48,039 --> 01:50:50,630
not really a necessary item to have in there, but

1954
01:50:50,630 --> 01:50:52,630
they're just putting it out there as the risk under

1955
01:50:52,630 --> 01:50:55,619
the risk. They pulled one component out. The losses are

1956
01:50:55,619 --> 01:51:02,640
extraordinary. Yes. Yeah. $42 billion. But how about the dot-com?

1957
01:51:02,760 --> 01:51:05,310
I mean, did you make any money in the dot-com

1958
01:51:05,310 --> 01:51:08,210
business? Yeah, we made money on it. I also lost

1959
01:51:08,210 --> 01:51:10,100
money on it, depending on where you were and what

1960
01:51:10,100 --> 01:51:11,699
side of it, right? If you were in the run-up

1961
01:51:11,699 --> 01:51:14,069
up to it, it was great. And that was... You

1962
01:51:14,069 --> 01:51:17,439
know, things like the web van, peapod, Amazon back in

1963
01:51:17,439 --> 01:51:20,750
the day. Were you in Pets.com? Come on. Pets.com. That's

1964
01:51:20,750 --> 01:51:22,449
a beautiful thing. What do you mean? It's looking at

1965
01:51:22,449 --> 01:51:24,020
it run. But did you get a piece of that

1966
01:51:24,020 --> 01:51:26,920
Netscape IPO? That was the one. I had some IPOs,

1967
01:51:26,920 --> 01:51:29,949
and almost every one of them... was great for a

1968
01:51:29,949 --> 01:51:31,470
day and then you wake up the next day like

1969
01:51:31,470 --> 01:51:35,500
what happened it's gone and it's gone yeah yeah but

1970
01:51:35,500 --> 01:51:40,329
the interesting thing about the guardrails um Nvidia is launching

1971
01:51:40,329 --> 01:51:43,520
this whole thing. Jensen Wang was on CNBC. He did

1972
01:51:43,520 --> 01:51:46,479
the whole tour with his leather jacket on Monday. And

1973
01:51:46,479 --> 01:51:50,239
the whole thing was – His leather jacket is –

1974
01:51:50,239 --> 01:51:52,819
that is the definition of fake and gay. I'm sorry.

1975
01:51:53,020 --> 01:51:55,840
It's just – it's like stop it. Stop it. Well,

1976
01:51:55,840 --> 01:51:58,020
it goes well with the haircut. The haircut looks –

1977
01:51:58,020 --> 01:52:01,140
True. Not true. perfectly quaffed at all occasions but he

1978
01:52:01,140 --> 01:52:05,119
got that from either it was um you know when

1979
01:52:05,119 --> 01:52:08,000
you have those it's a costume Right? That's what it

1980
01:52:08,000 --> 01:52:10,500
is. It's a costume. So you recognize it. Nothing changes.

1981
01:52:10,600 --> 01:52:12,939
If ever, oh, my God, he had a blue jacket

1982
01:52:12,939 --> 01:52:15,340
on, no jacket on, everybody would sell the stock anyway.

1983
01:52:15,460 --> 01:52:17,819
That's what happened. The best was, did you see the

1984
01:52:17,819 --> 01:52:21,199
OpenAI Dev Conference with Sam Altman, who has his own

1985
01:52:21,199 --> 01:52:26,180
costume? He's got his, like, Silicon Valley, you know, belt.

1986
01:52:26,359 --> 01:52:28,880
I don't care. I don't care. Close on. Difficult inventor

1987
01:52:28,880 --> 01:52:34,600
guy. Close on. And they announced dots. I heard. We

1988
01:52:34,600 --> 01:52:37,260
got dots. We got. And they had this promo video,

1989
01:52:37,260 --> 01:52:39,899
which I listened to the audio. It was. It wasn't

1990
01:52:39,899 --> 01:52:42,409
worth it. You have to see the visuals. The whole

1991
01:52:42,409 --> 01:52:45,850
place looks like everyone's home is a Play-Doh factory with

1992
01:52:45,850 --> 01:52:50,180
these dots bouncing around. And you're talking to the screen

1993
01:52:50,180 --> 01:52:53,670
and the screen says, oh, they just moved the management

1994
01:52:53,670 --> 01:52:57,039
meeting, but it conflicts with your daughter's recital. Oh, I

1995
01:52:57,039 --> 01:53:00,100
can't have that. No, you can't. Okay, I'll fix it.

1996
01:53:00,180 --> 01:53:04,779
Like, what? it's just dots and like to call it

1997
01:53:04,779 --> 01:53:07,880
dots it's it's just uh and i guess it's connected

1998
01:53:07,880 --> 01:53:09,800
dots but it reminds me of also when when zuck

1999
01:53:09,800 --> 01:53:12,300
came out with the metaverse we're all gonna be sitting

2000
01:53:12,300 --> 01:53:14,560
there with avatars well that was another thing that we

2001
01:53:14,560 --> 01:53:16,739
knew oh you know what happened the other day to

2002
01:53:16,739 --> 01:53:20,340
me so i went to austin actually there's probably two

2003
01:53:20,340 --> 01:53:23,399
stories here I went to Austin to get my haircut.

2004
01:53:23,539 --> 01:53:26,500
I've been going to this woman for 15 years. And

2005
01:53:26,500 --> 01:53:29,119
I like it because I get to drive. I drive

2006
01:53:29,119 --> 01:53:32,220
to the grocery store and back. So I get to

2007
01:53:32,220 --> 01:53:35,039
drive. I get to listen to some podcasts, other things.

2008
01:53:35,319 --> 01:53:37,039
It's like chill out for an hour and a half

2009
01:53:37,039 --> 01:53:39,000
in the car, an hour and a half back. And

2010
01:53:39,000 --> 01:53:41,600
she also tells me about the crazy things that are

2011
01:53:41,600 --> 01:53:45,039
going on in Austin. And I'm sitting down and she

2012
01:53:45,039 --> 01:53:48,020
has glasses. And I didn't say it right away. I

2013
01:53:48,020 --> 01:53:49,079
was like, oh, that kind of looks good on you,

2014
01:53:49,079 --> 01:53:51,239
those glasses. She said, you like my glasses? She said,

2015
01:53:51,239 --> 01:53:55,260
yeah. They're the creeper glasses. She had the meta creepy

2016
01:53:55,260 --> 01:54:00,539
Ray-Ban glasses. Oh. And I'm like, wow, what do you

2017
01:54:00,539 --> 01:54:02,940
do with it? Oh, I take pictures of where I

2018
01:54:02,940 --> 01:54:06,720
am and everything. So that was the first thing. Oh,

2019
01:54:06,720 --> 01:54:14,399
there's another story. I should probably tell it. So she

2020
01:54:14,399 --> 01:54:18,739
broke up with her boyfriend, a long-term boyfriend. They had

2021
01:54:18,739 --> 01:54:20,710
a house together and everything, and she moved back into

2022
01:54:20,710 --> 01:54:25,100
Austin. And so now she's 49. She's... She's single again.

2023
01:54:25,500 --> 01:54:28,319
And I'm like, you should enjoy this. You know, with

2024
01:54:28,319 --> 01:54:31,239
her dog and she got her apartment all nice and

2025
01:54:31,239 --> 01:54:35,020
it's right near the salon. So she's loving life. And

2026
01:54:35,020 --> 01:54:36,550
she said, well, you know, I decided to tip my

2027
01:54:36,550 --> 01:54:38,079
toe back in the water. Oh, you went on a

2028
01:54:38,079 --> 01:54:41,579
date. Yeah. So long story about she met this guy,

2029
01:54:41,579 --> 01:54:46,000
but. successful guy. It's got a great house. Nice. They

2030
01:54:46,000 --> 01:54:49,239
go on their date. He's taken her to nice places.

2031
01:54:49,359 --> 01:54:53,359
But the four seasons, um, he's holding her hand, you

2032
01:54:53,359 --> 01:54:56,239
know, like this is Mr. Wonderful. He said, and I

2033
01:54:56,239 --> 01:54:58,489
started to notice it a little bit, but it wasn't

2034
01:54:58,489 --> 01:55:01,880
until later in the evening. He was like, start talking

2035
01:55:01,880 --> 01:55:05,449
about Trump all the time. And she says, but, you

2036
01:55:05,449 --> 01:55:07,609
know, I don't really care that much. You have to

2037
01:55:07,609 --> 01:55:11,170
denounce Trump. I can't believe you won't. She says, I

2038
01:55:11,170 --> 01:55:14,690
don't really care that much. You know, I'm liberal, but

2039
01:55:14,690 --> 01:55:17,739
I don't. Well, I'm a Republican. I hate Trump. And

2040
01:55:17,739 --> 01:55:20,500
then she showed me the text messages from that evening.

2041
01:55:20,500 --> 01:55:26,180
He's like, he's sending Heil, orange, Hitler. And she's like.

2042
01:55:26,229 --> 01:55:29,109
I never thought it was real. Trump derangement syndrome. And

2043
01:55:29,109 --> 01:55:34,520
she says, it's all around me. They're so outraged and

2044
01:55:34,520 --> 01:55:37,250
angry. And apparently the guy's a Republican. And you know

2045
01:55:37,250 --> 01:55:42,779
what? I think what's happening here is everybody has something.

2046
01:55:43,159 --> 01:55:46,059
Everyone's mad about something. Everybody has trauma. I can tell

2047
01:55:46,059 --> 01:55:50,460
you've got trauma too, Andrew. I know you've got trauma.

2048
01:55:50,699 --> 01:55:53,300
You know what? Can we talk about it? Why don't

2049
01:55:53,300 --> 01:55:56,539
you talk to your bot? Your bot can help you

2050
01:55:56,539 --> 01:55:58,890
with your trauma. Oh, I should. And it is such

2051
01:55:58,890 --> 01:56:04,420
an easy... almost socially accepted way to yell out your

2052
01:56:04,420 --> 01:56:08,529
anger in public and just, you know, transfer it onto

2053
01:56:08,529 --> 01:56:12,350
Trump. So all the things that happened to me, I'm

2054
01:56:12,350 --> 01:56:16,260
going to blame on Big Bad, Orange, Hitler. Yes. Because

2055
01:56:16,260 --> 01:56:19,079
he is the root of all of this. I was

2056
01:56:19,079 --> 01:56:22,079
happy until he got into office. Everything was fine. And

2057
01:56:22,079 --> 01:56:24,409
this theory is becoming clear to me as we've been

2058
01:56:24,409 --> 01:56:26,899
watching. I've said this a couple of times. We've been

2059
01:56:26,899 --> 01:56:30,630
watching the West Wing. iconic series from the late 90s,

2060
01:56:30,630 --> 01:56:36,119
early 2000s. Jed Bartlett, he's the Democrat president played by

2061
01:56:36,119 --> 01:56:41,520
Martin Sheen. And every single thing Trump does or says

2062
01:56:41,520 --> 01:56:47,840
is in this show, including to season five, episode four,

2063
01:56:47,840 --> 01:56:51,369
I think last night. Well, you know, Mr. President, you

2064
01:56:51,369 --> 01:56:53,359
can just run for a third term. Yeah, I think

2065
01:56:53,359 --> 01:56:57,000
I'll do that. You know, Trump says that everyone loses

2066
01:56:57,000 --> 01:56:59,690
their crap. But the thing is, Trump says all this

2067
01:56:59,690 --> 01:57:02,329
stuff out in the open. All of the things that

2068
01:57:02,329 --> 01:57:04,899
Trump is doing is in this series by a Democrat

2069
01:57:04,899 --> 01:57:08,470
president. Only it's not out there. You've got C.J. Craig

2070
01:57:08,470 --> 01:57:10,720
and she spins the message nicely to everybody and the

2071
01:57:10,720 --> 01:57:13,949
journalists go, OK, C.J., yeah, that's great. We'll write that

2072
01:57:13,949 --> 01:57:17,399
down. So I think I think it's just it's it's

2073
01:57:17,399 --> 01:57:20,899
it's a it's both sides right now. They hate Trump.

2074
01:57:20,899 --> 01:57:23,190
Let me tell you, I live in Fort Lauderdale is

2075
01:57:23,190 --> 01:57:26,239
a rather Republican town. I'm sure people hate Trump there

2076
01:57:26,239 --> 01:57:29,659
now. Well, they hate everybody. Right. So I hate everybody.

2077
01:57:29,659 --> 01:57:36,270
So the thing is that the thing is that Biden

2078
01:57:36,270 --> 01:57:38,479
is. You know, anything you may buy. Oh, my God.

2079
01:57:38,479 --> 01:57:40,819
He was like, he was a blithering idiot. I get

2080
01:57:40,819 --> 01:57:43,180
it. But, you know, you're still the Biden, the Biden,

2081
01:57:43,180 --> 01:57:45,640
the Biden, the Obama, the Obama, the dudes, enough. It's

2082
01:57:45,640 --> 01:57:48,699
do we have. And and my Democratic friends there, you

2083
01:57:48,699 --> 01:57:51,220
know, Trump, how do you live with this? Oh, my

2084
01:57:51,220 --> 01:57:52,989
God, end of the world. It's going to be this

2085
01:57:52,989 --> 01:57:56,170
horrible thing. It's going to clean up in two years,

2086
01:57:56,170 --> 01:58:00,380
maybe six, but two years. Ha, ha, ha. you know

2087
01:58:00,380 --> 01:58:03,190
but um and then from there we'll get somebody else

2088
01:58:03,190 --> 01:58:04,670
we all get to hate do you make that joke

2089
01:58:04,670 --> 01:58:07,600
to your democrat friends of course of course and they're

2090
01:58:07,600 --> 01:58:10,069
like they you see their face they're like they just

2091
01:58:10,069 --> 01:58:11,380
did it what what do you mean what do you

2092
01:58:11,380 --> 01:58:13,640
mean sex are you serious are you serious andrew come

2093
01:58:13,640 --> 01:58:15,809
on no right um and then you know the the

2094
01:58:15,809 --> 01:58:17,899
the best is i have a lot of friends that

2095
01:58:17,899 --> 01:58:20,510
have come from california They decide they want to live

2096
01:58:20,510 --> 01:58:22,399
on the east side, east coast. They want to be

2097
01:58:22,399 --> 01:58:23,420
in the water. They want to be in the boating.

2098
01:58:23,760 --> 01:58:26,079
And they get here. They didn't think clearly about where

2099
01:58:26,079 --> 01:58:28,750
they were moving. And now the whole time they're walking

2100
01:58:28,750 --> 01:58:31,119
around going, I don't want to talk about that. I

2101
01:58:31,119 --> 01:58:32,909
don't want to talk about that. You know, the whole

2102
01:58:32,909 --> 01:58:37,279
time. We have some of that in Fredericksburg. Yeah. A

2103
01:58:37,279 --> 01:58:40,680
lot of very wealthy people come to Fredericksburg, come to

2104
01:58:40,680 --> 01:58:43,119
live here, a nice little German town. And, of course,

2105
01:58:43,119 --> 01:58:45,670
you couldn't get much redder here. But now we have

2106
01:58:45,670 --> 01:58:51,010
Tallarico. Oh, well, he's a pastor. He's a pastor. So,

2107
01:58:51,010 --> 01:58:54,309
oh, Tallarico, that's great. No, it's just fantastic. I have

2108
01:58:54,309 --> 01:58:57,050
one question for you. You seem to have lost a

2109
01:58:57,050 --> 01:59:00,890
lot of weight recently. Yes. Are you on the fat

2110
01:59:00,890 --> 01:59:05,190
shot? Of course. Is everybody? No, but I work out

2111
01:59:05,190 --> 01:59:07,100
a lot. I do work out a lot. Yeah, sure.

2112
01:59:07,100 --> 01:59:09,890
I have a clip for you. Wait, what do you

2113
01:59:09,890 --> 01:59:13,940
mean you're sure? Yeah, sure. I know you, Andrew Horowitz.

2114
01:59:13,949 --> 01:59:15,659
By the way, you look great. You look great. Thank

2115
01:59:15,659 --> 01:59:18,329
you. And the GLP one, I'm sure, helped. I'm sure

2116
01:59:18,329 --> 01:59:22,829
you work out. How's your munisprence? My knee? Yeah, your

2117
01:59:22,829 --> 01:59:26,140
knee. I actually played Pickleball at my level last weekend

2118
01:59:26,140 --> 01:59:28,109
for two games and did well. Oh, good. So that's

2119
01:59:28,109 --> 01:59:30,770
good. It hurts like hell afterwards. But nonetheless, I did

2120
01:59:30,770 --> 01:59:32,750
play, and I'm able to do a lot. Today, I

2121
01:59:32,750 --> 01:59:35,100
did a lot of... I was in the gym and

2122
01:59:35,100 --> 01:59:38,199
I was jumping off things. to do impact training on

2123
01:59:38,199 --> 01:59:41,239
it. Oh, careful with that. Careful. All right. So here's

2124
01:59:41,239 --> 01:59:43,819
a clip for you, just because I love you. I

2125
01:59:43,819 --> 01:59:46,199
was at an event recently with all these people promoting

2126
01:59:46,199 --> 01:59:48,989
GLP-1s and there was a, I'm not going to name

2127
01:59:48,989 --> 01:59:51,420
names, but there was a major pharmacy person on the

2128
01:59:51,420 --> 01:59:54,569
panel, ran a big national pharmacy company. I think it

2129
01:59:54,569 --> 01:59:57,579
was the chief medical officer And I raise my hand

2130
01:59:57,579 --> 01:59:59,500
and I ask the question, what's the downside?

2131
02:00:00,079 --> 02:00:02,470
of, I mean, we're talking about all the upsides, what's

2132
02:00:02,470 --> 02:00:06,390
the downside? And, you know, he was very political in

2133
02:00:06,390 --> 02:00:08,100
his answer on stage because there was a lot of,

2134
02:00:08,100 --> 02:00:10,880
like, very famous, big-name people. But afterwards, he came up

2135
02:00:10,880 --> 02:00:13,430
to me and he said, Hey, listen, Dr. I really

2136
02:00:13,430 --> 02:00:15,909
appreciate the question, but let me tell you the answer

2137
02:00:15,909 --> 02:00:18,619
behind the scenes. I'm like, what's that? He goes, we

2138
02:00:18,619 --> 02:00:21,880
are seeing a lot of older people falling and having

2139
02:00:21,880 --> 02:00:25,930
injuries. And so what's being kind of hidden is older

2140
02:00:25,930 --> 02:00:28,779
people on GLP-1s are having more falls because they're losing

2141
02:00:28,779 --> 02:00:32,779
muscle. I want you to be careful because you're losing

2142
02:00:32,779 --> 02:00:34,829
muscle. No, I'm not losing muscle. That's the funny thing

2143
02:00:34,829 --> 02:00:36,640
you mentioned there. I am working out three days a

2144
02:00:36,640 --> 02:00:38,960
week. I've been doing so for two years hardcore. Yeah,

2145
02:00:38,960 --> 02:00:41,310
okay. My muscles are bigger than they've been. Actually, if

2146
02:00:41,310 --> 02:00:43,680
you want to flip over to this. McDonald's. Well, wait.

2147
02:00:43,859 --> 02:00:45,760
I want to tell you about the Christmas gift. I'm

2148
02:00:45,760 --> 02:00:48,680
sorry, the Hanukkah gift. Oh, you're getting me? The Hanukkah

2149
02:00:48,680 --> 02:00:50,239
gift, the Christmas gift, and the Hanukkah gift. Okay, go

2150
02:00:50,239 --> 02:00:53,680
ahead. Yeah, here it is. I've fallen, and I can't

2151
02:00:53,680 --> 02:00:57,180
get up. I'm getting you a life alert for Hanukkah.

2152
02:00:57,420 --> 02:00:59,880
That's good, and I'm going to get you the clapper.

2153
02:01:02,199 --> 02:01:06,840
All right. Clap on, clap off. McDonald's. Okay, McDonald's. Do

2154
02:01:06,840 --> 02:01:08,029
you need to set it up or are we good

2155
02:01:08,029 --> 02:01:09,340
to go? No, just start playing. We'll go from there.

2156
02:01:09,760 --> 02:01:11,739
McDonald's is launching a new plan to try to turn

2157
02:01:11,739 --> 02:01:15,250
around sagging sales. The mega restaurant chain shares it's investing

2158
02:01:15,250 --> 02:01:18,859
in new restaurant design, better tasting food, and improved service

2159
02:01:18,859 --> 02:01:23,159
from employees. To achieve that, the company is pouring in

2160
02:01:23,159 --> 02:01:28,149
$8.5 billion into its franchisees, which own most locations. The

2161
02:01:28,149 --> 02:01:31,890
most immediate change customers will likely notice is in customer

2162
02:01:31,890 --> 02:01:35,430
service and improved food quality. The chain is also rolling

2163
02:01:35,430 --> 02:01:39,520
out a training program for workers beginning next month. First

2164
02:01:39,520 --> 02:01:42,659
of all, it seems light. Seems light if they're going

2165
02:01:42,659 --> 02:01:44,270
to try to make that shit taste better. Eight and

2166
02:01:44,270 --> 02:01:47,619
a half billion. Okay, that's first of all. Okay. Okay?

2167
02:01:47,979 --> 02:01:50,649
But this is the McDonald's next strategy. Eight and a

2168
02:01:50,649 --> 02:01:54,140
half billion dollars sales are sagging, blaming it on lousy

2169
02:01:54,140 --> 02:01:58,109
tasting food, which, okay. I do like the chicken nuggets

2170
02:01:58,109 --> 02:02:01,369
every once in five years. And I think every two

2171
02:02:01,369 --> 02:02:05,119
years I have an order of french fries. Poor service.

2172
02:02:05,899 --> 02:02:09,439
The other thing that's interesting is they're creating AI-driven Arch

2173
02:02:09,439 --> 02:02:13,800
IQ. That's an operating system for the new kitchen layout.

2174
02:02:14,800 --> 02:02:17,840
Hello? Well, now to an unexpected side effect of the

2175
02:02:17,840 --> 02:02:20,659
growing popularity of weight loss drugs. They are not just

2176
02:02:20,659 --> 02:02:24,390
changing our waistlines. They're changing what we eat. One of

2177
02:02:24,390 --> 02:02:27,850
the world's biggest fast food chains has noticed that. McDonald's

2178
02:02:27,850 --> 02:02:32,510
says it's exploring new high-protein options aimed at customers taking

2179
02:02:32,510 --> 02:02:37,170
those GLP-1 drugs. Meg Oliver has more. Oh. The company

2180
02:02:37,170 --> 02:02:42,119
that once encouraged customers to go big is now exploring

2181
02:02:42,119 --> 02:02:47,859
downsizing with new menu options for GLP-1 users. Smaller portions,

2182
02:02:47,859 --> 02:02:51,729
fewer calories, and more protein. When people do go on

2183
02:02:51,729 --> 02:02:55,039
GLP-1s, they still crave our food. We're going to evolve

2184
02:02:55,039 --> 02:02:57,069
our menu to make sure it reflects where we think

2185
02:02:57,069 --> 02:02:59,220
it's going. that consumer is going to be looking for

2186
02:02:59,220 --> 02:03:02,350
in the future. The fast food giant says it's exploring

2187
02:03:02,350 --> 02:03:08,060
portion-flexible options and protein-led choices, with Bloomberg reporting those options

2188
02:03:08,060 --> 02:03:12,090
include a crispy chicken bowl, grilled chicken snack wraps, and

2189
02:03:12,090 --> 02:03:16,000
egg bites. Other major chains are already adapting. Chipotle is

2190
02:03:16,000 --> 02:03:21,539
promoting high-protein options. It calls GLP-1 friendly. Well, I got

2191
02:03:21,539 --> 02:03:25,220
a topper for you. Yeah. Because I have a report

2192
02:03:25,220 --> 02:03:29,380
from Reuters, and this is probably more interesting. Could I

2193
02:03:29,380 --> 02:03:31,489
get a Big Mac, please? I bought a Big Mac

2194
02:03:31,489 --> 02:03:35,060
from McDonald's here in New York City. Thank you. And

2195
02:03:35,060 --> 02:03:39,750
I'm sorry, it was how much? $7.17? Thanks. Just two

2196
02:03:39,750 --> 02:03:42,840
miles up the road at a different McDonald's owned by

2197
02:03:42,840 --> 02:03:46,960
the same franchisee, I paid 11% more. You said that

2198
02:03:46,960 --> 02:03:52,069
was $8.05? Okay. Franchisees have told us that increasingly where

2199
02:03:52,069 --> 02:03:55,189
you buy your Big Mac determines how much you're going

2200
02:03:55,189 --> 02:03:57,529
to pay for it. This is in large part because

2201
02:03:57,529 --> 02:04:00,979
of a massive AI project that McDonald's has developed and

2202
02:04:00,979 --> 02:04:04,920
pushed in recent years called the pricing engine. This AI

2203
02:04:04,920 --> 02:04:09,270
pricing engine generates what it calls the optimal price for

2204
02:04:09,270 --> 02:04:14,960
everything. every menu item at every restaurant. In large part,

2205
02:04:14,960 --> 02:04:19,329
based on what it estimates is the customer willingness to

2206
02:04:19,329 --> 02:04:22,729
pay. That's a term taken from McDonald's own documents that

2207
02:04:22,729 --> 02:04:27,239
I've been able to review. It analyzes millions of transactions

2208
02:04:27,239 --> 02:04:32,420
every day. This AI pricing engine also shows the prices

2209
02:04:32,420 --> 02:04:37,899
of nearby competitors at Burger King and at Wendy's, Chick-fil-A.

2210
02:04:37,899 --> 02:04:41,430
One extreme example can be found in Fresno, California, where

2211
02:04:41,430 --> 02:04:45,939
one McDonald's charges $569 for a Big Mac. But just

2212
02:04:45,939 --> 02:04:50,640
about two miles away, another location charges $6.89 for that

2213
02:04:50,640 --> 02:04:54,619
same Big Mac. I'm going to look into the future.

2214
02:04:55,439 --> 02:04:57,079
Okay. I'm going to tell you what's going to happen.

2215
02:04:57,460 --> 02:05:00,550
Okay. Your agent, your bot, let's just call it a

2216
02:05:00,550 --> 02:05:04,119
bot, I think bot is better, is going to negotiate

2217
02:05:04,119 --> 02:05:09,170
this for you. There's no stopping it. So we're going

2218
02:05:09,170 --> 02:05:12,539
to get back at the surge pricing as a flexible

2219
02:05:12,539 --> 02:05:18,420
pricing process. Yeah, your bot's going to say, hey, my

2220
02:05:18,420 --> 02:05:21,279
man here. By the way, it's in GLP-1, so I

2221
02:05:21,279 --> 02:05:25,979
need the special menu for the week. It's in the

2222
02:05:25,979 --> 02:05:31,760
back. He's losing muscle. Fatty at the front. So he's

2223
02:05:31,760 --> 02:05:35,399
losing muscle. But I'm only going to pay five bucks

2224
02:05:35,399 --> 02:05:37,899
for it. But he's going to have an order of

2225
02:05:37,899 --> 02:05:40,550
– he's going to bring the whole family. We take

2226
02:05:40,550 --> 02:05:43,779
five bucks and McDonald's is going to go, OK, yeah,

2227
02:05:43,779 --> 02:05:47,659
sure, I'll do that. This is inevitable. And it's going

2228
02:05:47,659 --> 02:05:50,300
to happen with Amazon. It's going to happen. And it's

2229
02:05:50,300 --> 02:05:53,609
going to be fantastic because we're going to have power

2230
02:05:53,609 --> 02:05:57,090
again. You watch. Yeah, but your stock portfolio will go

2231
02:05:57,090 --> 02:06:01,239
down. Well, no, because Robin Hood's going to save us.

2232
02:06:02,220 --> 02:06:06,960
Oh, yeah. We're going to tokenize. Tokenize my McDonald's burgers.

2233
02:06:07,279 --> 02:06:10,520
Tokenize your pickleball court is what we're going to do.

2234
02:06:10,699 --> 02:06:12,819
It's being – I was – this is anecdotal, but

2235
02:06:12,819 --> 02:06:15,359
I was – we ordered from Chipotle the other day.

2236
02:06:15,399 --> 02:06:17,819
We haven't in months and months and months for lunch.

2237
02:06:17,920 --> 02:06:21,329
I take a very long 15-minute lunch at my desk

2238
02:06:21,329 --> 02:06:24,930
every day. 15 minutes? Oh, man. That's literally – Your

2239
02:06:24,930 --> 02:06:30,810
client, Tina, says you should take it more easy. So

2240
02:06:30,810 --> 02:06:33,369
– We get Chipotle. We haven't gotten in a while

2241
02:06:33,369 --> 02:06:35,779
because it's been lousy and it's been like small orders.

2242
02:06:36,020 --> 02:06:38,550
Oh, really? It comes back to the office two days

2243
02:06:38,550 --> 02:06:41,390
ago. It was the biggest pile I've ever seen of

2244
02:06:41,390 --> 02:06:45,510
whatever is in there. Beans and rice and stuff smothered

2245
02:06:45,510 --> 02:06:48,380
in there. We couldn't even get the top on. And

2246
02:06:48,380 --> 02:06:52,199
I think what's going on is they're realizing that. They

2247
02:06:52,199 --> 02:06:55,630
would rather possibly overfill and do more to keep the

2248
02:06:55,630 --> 02:06:58,699
customer in versus turning them off so bad that they

2249
02:06:58,699 --> 02:07:03,359
never come in at all. Yeah, that's anecdotal. That's possible.

2250
02:07:03,619 --> 02:07:06,289
I mean, so I know that people are already using

2251
02:07:06,289 --> 02:07:11,479
Muse to arbitrage between Lyft and Uber. Love that. Why

2252
02:07:11,479 --> 02:07:14,819
that wasn't around before, by the way, I don't understand.

2253
02:07:15,039 --> 02:07:17,479
Well, here's the beauty of it, because right now, for

2254
02:07:17,479 --> 02:07:20,250
a limited time, I believe – It's because your phone

2255
02:07:20,250 --> 02:07:24,609
can actually communicate with the apps. So that comes back

2256
02:07:24,609 --> 02:07:28,579
to iOS and to Android, and these apps are already

2257
02:07:28,579 --> 02:07:31,819
all over your phone, you know, gathering information and spying

2258
02:07:31,819 --> 02:07:34,189
on you. So we'll be able to use this against

2259
02:07:34,189 --> 02:07:37,000
them. I think that overall this is going to lower

2260
02:07:37,000 --> 02:07:41,670
prices. It's going to make the billionaires less billionaire, somewhat

2261
02:07:41,670 --> 02:07:45,109
less well, less billionaire. And it's going to put power

2262
02:07:45,109 --> 02:07:47,460
back in the hands of the people. Well, it's going

2263
02:07:47,460 --> 02:07:49,710
to make AOC happy then. And you'll be able to

2264
02:07:49,710 --> 02:07:52,460
run your own stuff on your own machine, on your

2265
02:07:52,460 --> 02:07:56,279
own device. But you're thinking like you're agreeing with AOC.

2266
02:07:56,739 --> 02:07:59,100
No, no. What do you mean? It's going to vote

2267
02:07:59,100 --> 02:08:01,460
her out of office. That's what my bot's going to

2268
02:08:01,460 --> 02:08:05,020
do. No, no, it's actually going to do the inverse.

2269
02:08:05,460 --> 02:08:09,539
It's going to give the people more power. I would

2270
02:08:09,539 --> 02:08:14,390
agree if the masses have the ability to fight at

2271
02:08:14,390 --> 02:08:19,630
the level that we know Walmart. Walmart's an unbelievable store,

2272
02:08:19,630 --> 02:08:23,090
retail, etc. They are the technology powerhouse. They're doing a

2273
02:08:23,090 --> 02:08:26,600
lot, for sure. Same thing with McDonald's. All these companies

2274
02:08:26,600 --> 02:08:30,090
have adopted this many. Target. Yeah. Yeah. And we knew

2275
02:08:30,090 --> 02:08:33,649
surge pricing when Lyft and Uber first came out, you'd

2276
02:08:33,649 --> 02:08:35,840
get a – all of a sudden, it'd be $9.

2277
02:08:36,380 --> 02:08:39,399
You look somewhere else, you come back, it's $12. It

2278
02:08:39,399 --> 02:08:43,779
would go back and forth like that. It's inevitable. It's

2279
02:08:43,779 --> 02:08:46,430
just going to negotiate. It's going to negotiate. $12 now,

2280
02:08:46,430 --> 02:08:48,800
I'll wait an hour. Okay, I'll do it for $10.

2281
02:08:48,920 --> 02:08:51,800
Okay, they'll pick me up now. I found that reporter

2282
02:08:51,800 --> 02:08:56,109
very annoying. Andrew, is there anything else you wanted to

2283
02:08:56,109 --> 02:08:57,979
play before I kick you out of the studio? You

2284
02:08:57,979 --> 02:08:59,940
can go back to the green room. Whatever. Am I

2285
02:08:59,940 --> 02:09:01,899
going to the green room? Tea? Is there some more

2286
02:09:01,899 --> 02:09:05,489
peppermint tea? Yes, we have peppermint tea. And we have

2287
02:09:05,489 --> 02:09:08,720
pie. I think we have pie. Oh, that's good. I

2288
02:09:08,720 --> 02:09:10,869
have a few more clips, but it's okay. We can

2289
02:09:10,869 --> 02:09:13,940
stop there. We can do one more. It's okay. It's

2290
02:09:13,940 --> 02:09:16,840
okay. I mean, the most annoying weatherman in the world?

2291
02:09:17,239 --> 02:09:20,369
No, let's do that. Most... What is the... Oh, annoying

2292
02:09:20,369 --> 02:09:22,819
weather. Okay, here we go. Well, thanks for tuning in.

2293
02:09:22,899 --> 02:09:26,440
Talking about the long-term crisis, the potential precipitation over the

2294
02:09:26,440 --> 02:09:29,500
next five days. If and when we get started... Some

2295
02:09:29,500 --> 02:09:32,720
higher moisture to surge north. I'll be watching potentially later

2296
02:09:32,720 --> 02:09:35,140
portions of the week some threats of some heavier rain

2297
02:09:35,140 --> 02:09:40,220
with some locally higher amounts, too. For today, areas... far

2298
02:09:40,220 --> 02:09:43,000
southeast regional. We're kind of sandwiched in between a couple

2299
02:09:43,000 --> 02:09:45,359
of fronts. We still have that sluggish front near stationary

2300
02:09:45,359 --> 02:09:49,340
over the Bahamas, and one near the northern Florida state

2301
02:09:49,340 --> 02:09:52,159
line. Some showers and isolated thunder are possible today, but

2302
02:09:52,159 --> 02:09:53,960
the best chance of a thunderstorm is going to be

2303
02:09:53,960 --> 02:09:57,149
sandwiched well with the south around fall. I'll tell you

2304
02:09:57,149 --> 02:09:59,579
what I got out of that. nasal with a chance

2305
02:09:59,579 --> 02:10:04,609
of a sandwich. Andrew Horowitz, everybody. You can see him

2306
02:10:04,609 --> 02:10:07,690
on DHM Plug, the disciplined investor, which I think is

2307
02:10:07,690 --> 02:10:10,699
a very – I've always loved the disciplined investor. Oh,

2308
02:10:10,699 --> 02:10:12,760
that's great. We have some great guests on there, don't

2309
02:10:12,760 --> 02:10:14,890
we? You do. Some of the guests, I just want

2310
02:10:14,890 --> 02:10:18,140
to rip their throats out sometimes. Like, oh, he's just

2311
02:10:18,140 --> 02:10:22,059
a horrible person. And they're so haughty. You know, like,

2312
02:10:22,059 --> 02:10:25,170
oh, I don't know what I'm talking about. Yeah, I

2313
02:10:25,170 --> 02:10:27,829
don't watch the video version because I just look at

2314
02:10:27,829 --> 02:10:31,119
him and think, oh, man, GLP-1 is killing my friend.

2315
02:10:31,340 --> 02:10:33,550
Oh, gosh. I wish he was not on. That stuff

2316
02:10:33,550 --> 02:10:36,350
is no good. But I really appreciate having you on

2317
02:10:36,350 --> 02:10:38,130
the show. And now you need to have me on

2318
02:10:38,130 --> 02:10:40,479
one of your shows. Bring me on a Discipline Investor.

2319
02:10:40,619 --> 02:10:42,539
Of course. We will do so. I will tell everybody

2320
02:10:42,539 --> 02:10:45,010
about the future and why they can easily invest in

2321
02:10:45,010 --> 02:10:48,220
all of these wonderful companies. Right. And value for value.

2322
02:10:48,420 --> 02:10:49,899
What are you going to? Donation segment now? What are

2323
02:10:49,899 --> 02:10:51,579
you doing now? Yeah. You don't have to do that.

2324
02:10:51,659 --> 02:10:53,960
I'll do the donation. But have you seen the new

2325
02:10:53,960 --> 02:10:58,899
challenge coins? I have not. Oh, yeah. This is the

2326
02:10:58,899 --> 02:11:02,190
family has put together, with the help of Sir Paul

2327
02:11:02,190 --> 02:11:07,619
Couture, a John C. Dvorak commemorative challenge coin. I love

2328
02:11:07,619 --> 02:11:10,880
that. I think you can see it on noagendarrings.com. And

2329
02:11:10,880 --> 02:11:13,359
unlike the order of the ant pins, I think these

2330
02:11:13,359 --> 02:11:15,350
may not run out. I think we'll just keep it

2331
02:11:15,350 --> 02:11:20,199
going. for as long as we can. And Tino, she's

2332
02:11:20,199 --> 02:11:25,659
like, she hates my challenge coins. She's always in the

2333
02:11:25,659 --> 02:11:28,720
studio like, what are all these stupid challenge coins? You

2334
02:11:28,720 --> 02:11:31,859
don't do anything with them. It's just taking up space

2335
02:11:31,859 --> 02:11:35,909
with their little display cases. And she says, why don't

2336
02:11:35,909 --> 02:11:38,609
you just put them in a box? But this one,

2337
02:11:38,609 --> 02:11:43,239
she loves this. She's looking at all the little symbolism

2338
02:11:43,239 --> 02:11:46,079
on it. You know, it's got the Bakelite phone. It's

2339
02:11:46,079 --> 02:11:50,779
got all these different little things. cool little gimmicks on

2340
02:11:50,779 --> 02:11:53,409
the back. And of course, it's John with his iconic

2341
02:11:53,409 --> 02:11:57,430
salute on the front. It's beautiful. So they opened that

2342
02:11:57,430 --> 02:11:58,710
up, and so we have a lot of people to

2343
02:11:58,710 --> 02:12:02,180
thank who supported us for that. It's great. Best of

2344
02:12:02,180 --> 02:12:03,880
luck to you. Thank you so much for having me

2345
02:12:03,880 --> 02:12:07,479
on. I hope besides that first glitchy A clip to

2346
02:12:07,479 --> 02:12:10,029
the beginning was up to your standards. That was the

2347
02:12:10,029 --> 02:12:15,119
best part of the show. All right. I'll see you.

2348
02:12:15,180 --> 02:12:17,539
Listen, thank you for your courage and all the things

2349
02:12:17,539 --> 02:12:18,840
that you do in the morning, in the morning, in

2350
02:12:18,840 --> 02:12:21,079
the afternoon, and in the evening. All right, Andrew. Thank

2351
02:12:21,079 --> 02:12:23,270
you so much, brother. I appreciate you. Okay. Say hi

2352
02:12:23,270 --> 02:12:38,190
to Jill. Will do. Back to you. value for value

2353
02:12:38,190 --> 02:12:48,180
segment. in the vault You heard the show, you got

2354
02:12:48,180 --> 02:12:53,229
the goods, now here's the deal we made You send

2355
02:12:53,229 --> 02:12:56,399
the value back to us, give what you think we

2356
02:12:56,399 --> 02:13:02,510
raise. No ads, no suits, no agendas, just the producer's

2357
02:13:02,510 --> 02:13:08,170
hands. And now there's something in return to carry through

2358
02:13:08,170 --> 02:13:33,609
the lens. Hold up the... We'll be right back. Thank

2359
02:13:33,609 --> 02:13:56,319
you. We'll be right back. The John C. Double Rack

2360
02:13:56,319 --> 02:13:59,739
coin Polished up a stamp with Lorda, you can join

2361
02:13:59,739 --> 02:14:03,190
And some marching one by one to get more nations

2362
02:14:03,190 --> 02:14:08,380
proud Send in your value, get the coin and say

2363
02:14:08,380 --> 02:14:19,319
his name loud Go to DLORIFE. And I support the

2364
02:14:19,319 --> 02:14:46,399
show. And John, good morning. There you go. Thank you.

2365
02:14:46,399 --> 02:14:48,159
will be back in the seat and we'll have a

2366
02:14:48,159 --> 02:14:52,619
good time with him. He's chomping at the bit, I

2367
02:14:52,619 --> 02:14:56,210
should say. I want to thank people for doing certain

2368
02:14:56,210 --> 02:14:59,940
things such as, oh, I don't know, telling other people.

2369
02:15:00,020 --> 02:15:03,020
about the podcast. That always helps. We also have people

2370
02:15:03,020 --> 02:15:05,840
who like to do artwork for us and we had

2371
02:15:05,840 --> 02:15:10,359
one-shotted A lot of people emailed me about that. Hey,

2372
02:15:10,359 --> 02:15:13,010
man, it's J. Cal when he's talking gamer language and

2373
02:15:13,010 --> 02:15:15,840
he does it wrong. It's just it's completely wrong. It's

2374
02:15:15,840 --> 02:15:19,520
no good. But the art, which was the glass slab.

2375
02:15:19,520 --> 02:15:24,710
Now, this was 1907. The title was one shotted. But

2376
02:15:24,710 --> 02:15:27,380
the art was by Tyler Brown. Tyler Brown is just

2377
02:15:27,380 --> 02:15:29,960
knocking it out of the park these days. This was

2378
02:15:29,960 --> 02:15:35,390
the little muse thing, little muse goblet thing, whatever that

2379
02:15:35,390 --> 02:15:39,319
is, with the glass slab. It was just clean, beautiful,

2380
02:15:39,319 --> 02:15:42,130
very no agenda. Love what you did with the no

2381
02:15:42,130 --> 02:15:45,680
agenda font, how it kind of wraps around. Good job.

2382
02:15:45,939 --> 02:15:48,619
Let me just check and see if there's anything else

2383
02:15:48,619 --> 02:15:53,079
that I looked at. This has pretty much been me.

2384
02:15:53,819 --> 02:15:56,880
The guests don't hang around. Let me see. Oh, I

2385
02:15:56,880 --> 02:15:59,850
love another Tyler Brown. I love the Adam and Crazy

2386
02:15:59,850 --> 02:16:02,789
Curry and Horrible Horowitz I used for the batch signal

2387
02:16:02,789 --> 02:16:07,539
this morning. I had a couple of data center jokes.

2388
02:16:08,840 --> 02:16:13,359
No, really? I still have to laugh at that picture

2389
02:16:13,359 --> 02:16:17,460
of me and Brunetti, not with peptides. Whoa, that's bad.

2390
02:16:18,500 --> 02:16:22,229
But anyway, go to noagendaartgenerator.com. You can participate. It's very

2391
02:16:22,229 --> 02:16:25,909
easy to do. And appreciate all the help that you

2392
02:16:25,909 --> 02:16:28,539
give me. We have about 845 trolls in the troll

2393
02:16:28,539 --> 02:16:31,739
room. So we're still, Brunetti still brings them in. J.

2394
02:16:31,739 --> 02:16:34,399
Cal brings them in. Andrew, I think it's name recognition.

2395
02:16:34,639 --> 02:16:36,370
You know, he needs a little more name recognition. Thank

2396
02:16:36,370 --> 02:16:40,190
you, J. Cal, for getting me above 100,000 on the

2397
02:16:40,190 --> 02:16:44,010
show. On X, actually, let me give it another check

2398
02:16:44,010 --> 02:16:46,790
because I'm literally, I got, as we would say in

2399
02:16:46,790 --> 02:16:49,450
the old country, Hucka over to Sloat. I just have

2400
02:16:49,450 --> 02:16:52,860
my heels over the canal. Let me see. What is

2401
02:16:52,860 --> 02:16:56,840
my current count? Hold on a second. I am at...

2402
02:16:57,110 --> 02:17:01,680
1,036. So I'm just hanging on by my fingernails. But

2403
02:17:01,680 --> 02:17:04,229
he didn't get me there. That was surprising. Now we'll

2404
02:17:04,229 --> 02:17:06,280
see if it goes up or goes down from there.

2405
02:17:07,790 --> 02:17:11,139
So, thanking people for their treasure. We thank everybody, $50

2406
02:17:11,139 --> 02:17:14,639
and above. And as always, $300 or more gets you

2407
02:17:14,639 --> 02:17:18,149
an executive producer credit. Good anywhere executive producer credits are

2408
02:17:18,149 --> 02:17:22,000
recognized. Hollywood credits, you got it. Go to imdb.com. Just

2409
02:17:22,000 --> 02:17:24,159
type in no agenda. You'll see what I mean. So,

2410
02:17:24,159 --> 02:17:27,280
they are recognized. And $200 and above is an associate

2411
02:17:27,280 --> 02:17:30,219
executive producer credit and Of course, in both cases, I

2412
02:17:30,219 --> 02:17:33,069
will read your notes. The magic donation number for the

2413
02:17:33,069 --> 02:17:37,329
John C. Dvorak Challenge Coin, commemorative challenge coin, which someone

2414
02:17:37,329 --> 02:17:39,489
said it wasn't on the website yet. Let me just

2415
02:17:39,489 --> 02:17:46,299
check. Noagendadonations.com. I thought it was. Let me see. Is

2416
02:17:46,299 --> 02:17:52,760
it a newsletter? No, click on donate, maybe. I thought

2417
02:17:52,760 --> 02:17:58,200
Jay put it up there. Maybe I'm wrong. Maybe it

2418
02:17:58,200 --> 02:18:01,059
goes up today. But anyway, she put it in the

2419
02:18:01,059 --> 02:18:04,639
newsletter. And if you're not subscribed to the newsletter, please

2420
02:18:04,639 --> 02:18:09,139
do so. And you can see that beautiful challenge coin.

2421
02:18:09,639 --> 02:18:14,180
So the amount is $3.88.83. That is the 33s and

2422
02:18:14,180 --> 02:18:18,069
the Dvorak and the palindrome. It's all in there. The

2423
02:18:18,069 --> 02:18:21,579
family decided on that number, $3.88.83. And a lot of

2424
02:18:21,579 --> 02:18:25,920
people came in for it and added fees. And in

2425
02:18:25,920 --> 02:18:29,090
fact, Sir Baron John Helmer from Shawnee, Kansas sent in

2426
02:18:29,090 --> 02:18:32,290
four hundred and sixty seven dollars and twenty four cents

2427
02:18:32,290 --> 02:18:35,639
and says, Adam Dvorak family and guest host. Thank you

2428
02:18:35,639 --> 02:18:37,579
to everyone who has worked so hard figuring out what

2429
02:18:37,579 --> 02:18:39,780
no agenda should become going forward over the past three

2430
02:18:39,780 --> 02:18:42,299
months in J.C.D. past. I want to send my appreciation

2431
02:18:42,299 --> 02:18:44,100
to all those who have had a part in hosting

2432
02:18:44,100 --> 02:18:47,030
the show and those behind the scenes. My donation of

2433
02:18:47,030 --> 02:18:52,139
today, 38883 for the JCD Memorial Challenge coin, plus $55,

2434
02:18:52,139 --> 02:18:56,219
takes me to Viscount. And he wants a foamer. Listen

2435
02:18:56,219 --> 02:18:59,000
to that horn. And he says, thank you for your

2436
02:18:59,000 --> 02:19:03,969
courage. Hold on a second. And signs off. And thank

2437
02:19:03,969 --> 02:19:06,620
you for your courage. In the morning with OU, Sir

2438
02:19:06,620 --> 02:19:10,680
Baron John Helmer, soon to be Viscount from Shawnee, Texas.

2439
02:19:10,959 --> 02:19:17,590
Yes, indeed. Oh, my God. Listen. Then we have a

2440
02:19:17,590 --> 02:19:21,530
whole bunch of 388.83s with the fees, which turns out

2441
02:19:21,530 --> 02:19:24,420
to be $400.91. And not all of them have a

2442
02:19:24,420 --> 02:19:27,850
note, but we will mention them and thank them. Robert

2443
02:19:27,850 --> 02:19:32,790
Alter, Kyle Dugan, Patrick Cronin. Sir Psychopath, who says, Adam

2444
02:19:32,790 --> 02:19:35,760
ITM, thank you for your courage. He is Sir Psychopath,

2445
02:19:35,760 --> 02:19:39,700
Jonathan Keegan, Baron of Lake James, Charlotte, North Carolina. Sir

2446
02:19:39,700 --> 02:19:46,020
David Fugisato, he is the Archduke of... The American Heartland

2447
02:19:46,020 --> 02:19:48,909
and the Arabian Peninsula, I believe. He says, thank you

2448
02:19:48,909 --> 02:19:52,110
for your courage in 19 years. Gary Whitehead, Red Knight

2449
02:19:52,110 --> 02:19:57,290
Commodore Jason, RIPJCD from the Red Knights. Stephen Riley, RC

2450
02:19:57,290 --> 02:20:00,030
Mouse says, this donation puts me over the line in

2451
02:20:00,030 --> 02:20:03,149
becoming a knight. I will be Sir RC Mouse. I

2452
02:20:03,149 --> 02:20:05,170
just wish I did this before we lost the great

2453
02:20:05,170 --> 02:20:09,180
JCD. Sir Chris of Cascadia, RIP, JCD, No Jingles, No

2454
02:20:09,180 --> 02:20:15,860
Karma. Alex Boites, Boites, Boites, Donate, Donate, Donate. Listener and

2455
02:20:15,860 --> 02:20:18,790
three times donator since being hit in the mouth in

2456
02:20:18,790 --> 02:20:22,239
2017 have caught every episode since JCD was a light

2457
02:20:22,239 --> 02:20:25,270
that can never be extinguished. Adam, you carry that light

2458
02:20:25,270 --> 02:20:29,260
now. Keep up the fight, maggots. Donate. Nate, always. Michael

2459
02:20:29,260 --> 02:20:33,559
Wendell with the straight up 38883 Long Live JCD. The

2460
02:20:33,559 --> 02:20:36,340
Lopez's come in with the challenge coin donation. I'm still

2461
02:20:36,340 --> 02:20:39,149
missing John's voice, but we are blessed to continue hearing

2462
02:20:39,149 --> 02:20:41,920
you, Adam. Blessings to you and the Dvorak family. The

2463
02:20:41,920 --> 02:20:48,579
Lopez's in Wyoming, Michigan. Chris Ruddy, Rip JCD. Dan Bilthouse

2464
02:20:48,579 --> 02:20:52,079
comes in with 33333 and says, can you give me

2465
02:20:52,079 --> 02:20:54,309
a nice plug for my value for value game? Well,

2466
02:20:54,309 --> 02:20:56,360
we'll always do that for anything value for value. It

2467
02:20:56,360 --> 02:20:59,559
has ITM, JCD and Adam Curry modes and some other

2468
02:20:59,559 --> 02:21:03,860
nods to comedy, bang, bang and weird owl. It's auto

2469
02:21:03,860 --> 02:21:14,129
apexai.com, auto apexai.com, A-U-T-O-A-P-E-X-A-I.com. It's a dogs in space video

2470
02:21:14,129 --> 02:21:18,500
game with a global high scoreboard. It's called Future So

2471
02:21:18,500 --> 02:21:21,260
Bright, and the dogs in space have to get sunglasses

2472
02:21:21,260 --> 02:21:24,180
before they get sunburned. It's fun. Give it a go.

2473
02:21:24,420 --> 02:21:28,389
Please. Thank you. Maximum respect. Damn built house. Okay. I'll

2474
02:21:28,389 --> 02:21:30,559
jump on, see if I get a high score. Kurt

2475
02:21:30,559 --> 02:21:37,090
Butler from South Bend, Indiana, 333-33. I-T-M-A-C-C-R-A-P-J-C-D. Prayers. Oh, I

2476
02:21:37,090 --> 02:21:41,040
think he probably wants the prayers. I didn't realize that,

2477
02:21:41,040 --> 02:21:48,629
so we'll give you the prayers. You've got... Prayers. And

2478
02:21:48,629 --> 02:21:53,719
there's La Jolla Salt Corporation. They come in with $210.60.

2479
02:21:54,120 --> 02:21:57,239
Greetings, Adam. No agenda nation. If your skin is feeling

2480
02:21:57,239 --> 02:22:00,520
dry and needs a touch-up, why not soothe your exterior

2481
02:22:00,520 --> 02:22:04,219
with a sea salt scrub from lajollasalt.com? Try our two

2482
02:22:04,219 --> 02:22:10,639
new scents. Clark Mitcher and sushi with J-Cow. What? Exfoliate

2483
02:22:10,639 --> 02:22:15,270
in the essence of warm strobe waffle or wasabi, soy,

2484
02:22:15,270 --> 02:22:20,219
and maguro. Wow. That sounds like an interesting product. Now

2485
02:22:20,219 --> 02:22:23,579
that's savory. Karma to the producers and the practitioners of

2486
02:22:23,579 --> 02:22:26,489
the best podcasts in the universe. Keep calm and angel

2487
02:22:26,489 --> 02:22:29,319
on JCD. Thank you for your courage, people. Please donate

2488
02:22:29,319 --> 02:22:31,829
to the show. New sense not available in northern or

2489
02:22:31,829 --> 02:22:35,329
southern hemispheres. Oh, okay. Got you. Go podcasting. Well, thank

2490
02:22:35,329 --> 02:22:38,750
you all very much. And let me see. Where is

2491
02:22:38,750 --> 02:22:40,920
my? Here we go. We got a karma for you.

2492
02:22:41,299 --> 02:22:45,819
You've got karma. And once again, an associate executive producership

2493
02:22:45,819 --> 02:22:48,209
for La Jolla Salt Corporation. And one goes to Eli

2494
02:22:48,209 --> 02:22:52,020
the Coffee Guy as well from Bensonville, Illinois. 210 and

2495
02:22:52,020 --> 02:22:55,940
one penny. He always gives $200 plus the dates. 10-1.

2496
02:22:56,500 --> 02:22:59,149
It's October. No clue how we got here. It's been

2497
02:22:59,149 --> 02:23:01,979
a whirlwind year for so many reasons, he says. The

2498
02:23:01,979 --> 02:23:05,290
question is, will we receive an October surprise? Well, I'm

2499
02:23:05,290 --> 02:23:08,129
counting on it. You never know if they go live

2500
02:23:08,129 --> 02:23:11,520
with a six-week cycle scenario, but you can make your

2501
02:23:11,520 --> 02:23:15,200
own October surprise. Try our coffee and you'll be surprised

2502
02:23:15,200 --> 02:23:20,049
how damn good it is. Visit gigawattcoffeeroasters.com. Use code ITM20

2503
02:23:20,049 --> 02:23:23,479
for 20% off your order. Whatever you do, stay caffeinated,

2504
02:23:23,479 --> 02:23:26,440
says Eli the Coffee Guy. And it is indeed an

2505
02:23:26,440 --> 02:23:30,120
outstanding product endorsed by myself and John C. Dvorak for

2506
02:23:30,120 --> 02:23:33,719
its quality. And our final associate executive producer with $200,

2507
02:23:33,719 --> 02:23:37,559
Matthew Martel from Brumall, Pennsylvania. And he says he'd like

2508
02:23:37,559 --> 02:23:41,639
to nominate Linda Lupatkin for a co-host audition. And visit

2509
02:23:41,639 --> 02:23:47,010
martelhardware.com. Use coupon code KILLBOX. for an additional 10% off

2510
02:23:47,010 --> 02:23:51,430
your order. And he wants a JCD Hot Pockets. Happy

2511
02:23:51,430 --> 02:23:55,620
to oblige, of course. Hot pockets. And that concludes our

2512
02:23:55,620 --> 02:23:59,719
executive and associate executive producers for episode 1908. You know

2513
02:23:59,719 --> 02:24:02,420
the drill. If you want one of these coveted credits

2514
02:24:02,420 --> 02:24:06,239
and your note read for sure, go to noagendadonations.com. And

2515
02:24:06,239 --> 02:24:10,639
thank you for supporting No Agenda with your outstanding donations.

2516
02:24:11,299 --> 02:24:15,600
Our formula is this. We go out. We hit people

2517
02:24:15,600 --> 02:24:29,309
in the mouth. Yes! Whoa! Whoa! Order! Moving on with

2518
02:24:29,309 --> 02:24:32,950
the rest of our supporters, $50 or above, Sir Robertson

2519
02:24:32,950 --> 02:24:37,379
of Two Sticks in Dos Palos, California, $101.79. It's a

2520
02:24:37,379 --> 02:24:39,940
birthday donation, my annual donation for my birthday on October

2521
02:24:39,940 --> 02:24:42,059
1st. Thank you for your courage. You're on the list.

2522
02:24:42,620 --> 02:24:46,979
Peter Lachance, Oviedo, Florida, $101. God bless the greatest podcast

2523
02:24:46,979 --> 02:24:48,959
in the universe. I cried when I heard of John's

2524
02:24:48,959 --> 02:24:51,629
passing, but letting the dead mourn the dead. Love your

2525
02:24:51,629 --> 02:24:53,920
guest host, but love you more. And I mean it.

2526
02:24:54,620 --> 02:24:57,770
Shauna Norberg, Bellingham, Washington, 100. Her heart still hurts for

2527
02:24:57,770 --> 02:24:59,969
John, but I love the evolution of the show. She

2528
02:24:59,969 --> 02:25:03,450
says, still the best podcast in the universe. John Burrell,

2529
02:25:03,450 --> 02:25:07,350
Vista, California 100. And there is Sir Kevin McLaughlin, Archduke

2530
02:25:07,350 --> 02:25:09,450
of Luna, Love of America and Boobs with a boob

2531
02:25:09,450 --> 02:25:13,799
donation, $80.08. And he says, Love of America and Boobs.

2532
02:25:13,860 --> 02:25:17,959
We know it. Charles Tracy, Hickory, North Carolina, $63.25. And

2533
02:25:17,959 --> 02:25:20,579
Les Tarkowski comes in, as always, with the small boobs,

2534
02:25:20,579 --> 02:25:25,510
$60.06 from Kingman, Arizona. Sir Paul in Twickenham in Great

2535
02:25:25,510 --> 02:25:30,200
Britain, 55-55. He misses JCD, but love that no agenda

2536
02:25:30,200 --> 02:25:33,280
lives on, Sir Paul from Twickenham. Double nickels on the

2537
02:25:33,280 --> 02:25:37,129
dime from Sir Canebrake and Dame Tracy in Louisiana. Thank

2538
02:25:37,129 --> 02:25:40,899
you. Foster Birch, 5272 from New York, New York. John

2539
02:25:40,899 --> 02:25:46,159
Bassano in Madison, Alabama. 5272. Sir Luke Rayner from London

2540
02:25:46,159 --> 02:25:50,670
with 5151. Loving the competition amongst your co-hosts. Competition for

2541
02:25:50,670 --> 02:25:55,610
what? It's not an open audition. There's no gig. Glad

2542
02:25:55,610 --> 02:25:58,899
you're still here. Collective karma for all. Sir Luke Rayner,

2543
02:25:58,899 --> 02:26:00,870
the Duke of London and the Southeast. I'll give that

2544
02:26:00,870 --> 02:26:07,799
now, actually. Why not? you've got karma And we're at

2545
02:26:07,799 --> 02:26:11,590
the 50s. Joshua Johnson from Omaha, Nebraska. Terrence Clark from

2546
02:26:11,590 --> 02:26:16,260
Jacksonville Beach, Florida. Nathan Knoll from Nederland, Texas. Tony Lang

2547
02:26:16,260 --> 02:26:20,299
from Castle Pines, Colorado. And there's Linda Lupatkin from Castle

2548
02:26:20,299 --> 02:26:23,440
Rock, Colorado. And she, of course, is the Duchess of

2549
02:26:23,440 --> 02:26:26,530
Jobs and writer of resumes that gets results at ImageMakers,

2550
02:26:26,530 --> 02:26:33,239
Inc., www.inmanchiaacresinc.com. Daniel LaBoye with 50. Dame Rita Harrington. Dame

2551
02:26:33,239 --> 02:26:36,319
Rita from Sparks, Nevada. 50. ITM Curry and Dvorak families.

2552
02:26:36,399 --> 02:26:39,200
We always break for Dame Rita. We're listening and donating

2553
02:26:39,200 --> 02:26:41,739
to the Knowage and the show since 2021. I've reached

2554
02:26:41,739 --> 02:26:45,819
the status of Archduchess according to the period's chart. Wow.

2555
02:26:46,239 --> 02:26:48,120
Please, if I may, and you may, I'd like to

2556
02:26:48,120 --> 02:26:52,020
claim the title of Dame Rita, Archduchess of Northern Nevada

2557
02:26:52,020 --> 02:26:56,059
Basin and Range. I hear so by granted, Dame Rita.

2558
02:26:56,059 --> 02:26:58,059
We'll get to it in a moment. Aichi Katagawa is

2559
02:26:58,059 --> 02:27:01,610
in San Francisco, California, as always, with the $50 and

2560
02:27:01,610 --> 02:27:05,559
finishing up our list for today. Never under $50 for

2561
02:27:05,559 --> 02:27:09,100
reasons of anonymity, but we see you $49.99. Sir Michael

2562
02:27:09,100 --> 02:27:13,079
Snohomish, Washington. And that concludes all of our donors for

2563
02:27:13,079 --> 02:27:16,930
episode 1908. Thank you all so much. It is highly

2564
02:27:16,930 --> 02:27:20,219
appreciated by the Curry and Dvorak families. When you get

2565
02:27:20,219 --> 02:27:22,879
the value, send it back. We appreciate it. We also

2566
02:27:22,879 --> 02:27:25,260
share it with our guest hosts. And that's not just

2567
02:27:25,260 --> 02:27:29,180
in the green room with all the tasty snacks. Noagendadonations.com.

2568
02:27:29,239 --> 02:27:31,360
You can send any amount whenever you feel like you

2569
02:27:31,360 --> 02:27:34,129
got value. Send it back. to us, consider setting up

2570
02:27:34,129 --> 02:27:39,409
a recurring donation, any amount, any frequency. NoagendaDonations.com It's your

2571
02:27:39,409 --> 02:27:45,350
birthday, birthday On A couple on the list today, Sir

2572
02:27:45,350 --> 02:27:48,879
Robertson of Two Sticks, he celebrates today. Shayla wishes her

2573
02:27:48,879 --> 02:27:52,250
smoking hot, hot husband. Dwayne, a very happy one, he

2574
02:27:52,250 --> 02:27:56,399
turns 39 tomorrow. And Lynn Malinowski turned, well we don't

2575
02:27:56,399 --> 02:27:59,459
have a date for Lynn, but she celebrates on October

2576
02:27:59,459 --> 02:28:02,379
6th. Happy birthday from everybody here at the best podcast

2577
02:28:02,379 --> 02:28:07,530
in the universe. It's your birthday. Yeah! Oh, we have

2578
02:28:07,530 --> 02:28:16,530
title changes. Title changes. Turn and face. That's Stranger's Don't

2579
02:28:16,530 --> 02:28:19,780
want to be a douchebag. That's right, official changes. Sir

2580
02:28:19,780 --> 02:28:23,920
Baron John Helmer now becomes a Viscount, and Dame Rita,

2581
02:28:23,920 --> 02:28:27,450
as you just heard, now officially becomes Dame Rita, Archduchess

2582
02:28:27,450 --> 02:28:32,000
of Northern Nevada, Basin, and Range. Congratulations to you both,

2583
02:28:32,059 --> 02:28:34,409
and thank you very much for your never-ending and ongoing

2584
02:28:34,409 --> 02:28:38,399
support. Now, for the challenge coin... All these people will

2585
02:28:38,399 --> 02:28:40,510
get a credit, and I'm going to continue to do

2586
02:28:40,510 --> 02:28:43,479
that on the show notes. Thank you very much for

2587
02:28:43,479 --> 02:28:48,319
supporting the families here. Sir Baron John Helmer, Robert Alter,

2588
02:28:48,319 --> 02:28:52,969
Kyle Dugan, Patrick Cronin, Sir Psychopath, Sir David Fugisoto, Gary

2589
02:28:52,969 --> 02:28:57,780
Whitehead, Red Knight Commodore Jason, Stephen Riley, R.C. Maus. Sir

2590
02:28:57,780 --> 02:29:02,629
Chris of Cascadia, Alex Boites, Michael Wendell, the Lopez's and

2591
02:29:02,629 --> 02:29:06,379
Chris Ruddy. And we do have a knighting on deck.

2592
02:29:06,840 --> 02:29:09,229
Shayla sent in a note and says, hey there. I

2593
02:29:09,229 --> 02:29:11,170
wanted to give a birthday shout out to my smoking

2594
02:29:11,170 --> 02:29:14,190
hot husband, which we just did. Dwayne for his 39th

2595
02:29:14,190 --> 02:29:17,000
time around the sun on October 2nd. Can I please

2596
02:29:17,000 --> 02:29:19,500
give him? Oh, you want a biscuit for his birthday?

2597
02:29:19,819 --> 02:29:22,670
Yes. You got a biscuit for his birthday. Here we

2598
02:29:22,670 --> 02:29:25,139
go. They always give me a biscuit on my birthday.

2599
02:29:25,399 --> 02:29:28,459
I also realized in writing this that I forgot to

2600
02:29:28,459 --> 02:29:32,270
send a request to, for myself for damehood from a

2601
02:29:32,270 --> 02:29:35,100
while back would it be possible to give my husband

2602
02:29:35,100 --> 02:29:38,200
the knighthood instead of course I'd like to nominate him

2603
02:29:38,200 --> 02:29:41,760
as Sir Duane of the Porcelain Throne. We've been listening

2604
02:29:41,760 --> 02:29:44,680
to your show since before COVID and appreciate all you've

2605
02:29:44,680 --> 02:29:47,879
been doing to enforce critical thinking and primary sources when

2606
02:29:47,879 --> 02:29:50,979
dealing with the M5M. Please keep up all the hard

2607
02:29:50,979 --> 02:29:54,430
work. You guys are fantastic. Love from Shayla. Okay, Shayla,

2608
02:29:54,430 --> 02:29:56,920
so I have one blade that I'm bringing out for

2609
02:29:56,920 --> 02:29:59,959
your hobby. And of course we

2610
02:30:00,030 --> 02:30:02,500
have RC Mouse who needs to hop up on the

2611
02:30:02,500 --> 02:30:05,280
podium. So Dwayne, get up here and RC Mouse. Gentlemen,

2612
02:30:05,280 --> 02:30:08,639
thanks to a wonderful gifting and your own support of

2613
02:30:08,639 --> 02:30:11,290
the No Agenda Show in the amount of $1,000 or

2614
02:30:11,290 --> 02:30:13,399
more, I am very proud to pronounce the KD as...

2615
02:30:13,399 --> 02:30:17,840
Sir R.C. Maus and Sir Dwayne of the Porcelain Throne.

2616
02:30:17,979 --> 02:30:19,930
For you, we've got Hookers and Blow, Rent Boys and

2617
02:30:19,930 --> 02:30:22,600
Chardonnay. Along with that, we've got some root beer and

2618
02:30:22,600 --> 02:30:25,120
soft pretzels. We've got fish pie and fellatio. We have

2619
02:30:25,120 --> 02:30:29,309
pepperoni rolls and pale ales. Mastacholi and margaritas. Oh, my

2620
02:30:29,309 --> 02:30:32,170
favorite. Beer and blunts. Rubenes, Ruben and Rosé. Gashas and

2621
02:30:32,170 --> 02:30:35,280
Sake. Bacca Manila. Bong hits and bourbon. Souris. sparkling cider

2622
02:30:35,280 --> 02:30:37,989
and escorts, ginger ale and gerbils, breast milk and pablum,

2623
02:30:37,989 --> 02:30:41,159
and of course... Mutton and Mead, all to be found

2624
02:30:41,159 --> 02:30:44,309
at noagendarings.com and here at the roundtable. So head over

2625
02:30:44,309 --> 02:30:47,920
there, give us your ring size, which is easy to

2626
02:30:47,920 --> 02:30:51,309
do because we have a ring sizing guide there, perfect

2627
02:30:51,309 --> 02:30:54,180
for you. And let us know where to send it.

2628
02:30:54,239 --> 02:30:57,069
It is a beautiful signet ring. So, of course, it

2629
02:30:57,069 --> 02:31:02,879
comes with... The wax to seal your important correspondence with.

2630
02:31:03,280 --> 02:31:06,540
And also a certificate of authenticity. And congratulations. Welcome to

2631
02:31:06,540 --> 02:31:09,989
the roundtable of the No Agenda Knights and Names. No

2632
02:31:09,989 --> 02:31:18,340
Agenda Meetups. All right, we have a meetup taking place

2633
02:31:18,340 --> 02:31:22,129
today in Raleigh. It's the Rocktober meetup at 6 o'clock,

2634
02:31:22,129 --> 02:31:26,530
Saints and Scholars in Raleigh, North Carolina. Tomorrow, Saturday, actually,

2635
02:31:26,530 --> 02:31:30,360
we have the Midlands UK meetup, 8 a.m. Hello, a.m.

2636
02:31:30,440 --> 02:31:32,379
The pub will be open, I'm sure. Actually, it's not

2637
02:31:32,379 --> 02:31:36,100
going to be a pub. It's in Leicestershire. Lester, Lester,

2638
02:31:36,100 --> 02:31:39,409
I'm sorry, Lester, not Lester, sure, Lester. And you need

2639
02:31:39,409 --> 02:31:42,760
to contact Dr. B for information. So get on the

2640
02:31:42,760 --> 02:31:46,040
stick quickly because it's Saturday morning. What are they doing?

2641
02:31:46,340 --> 02:31:49,450
Will a pinata and a donkey be involved? Our next

2642
02:31:49,450 --> 02:31:53,139
show day, Sunday, the Indy No Agenda Tri-State Short and

2643
02:31:53,139 --> 02:31:56,540
Long Barrel Safety Meetup. Oh, sounds like some pew-pews. Two

2644
02:31:56,540 --> 02:32:00,030
o'clock. Oh, that is Dame Maria and Sir Mark of

2645
02:32:00,030 --> 02:32:04,389
the Greenwood organizing that. So you've got to go to

2646
02:32:04,389 --> 02:32:09,059
noagendameetups.com to RSVP. um that sounds like a hootenanny get

2647
02:32:09,059 --> 02:32:11,840
your guns out everybody i'm looking forward to a great

2648
02:32:11,840 --> 02:32:14,319
meetup report for that and for the rest of the

2649
02:32:14,319 --> 02:32:18,000
month october on the 9th los baños california the 10th

2650
02:32:18,000 --> 02:32:20,989
we've got three fort wayne indiana eagle idaho and soquel

2651
02:32:20,989 --> 02:32:25,219
california The 15th, Charlotte, North Carolina. The 16th, Scottsdale, Arizona.

2652
02:32:25,700 --> 02:32:29,200
The 17th, Long Beach, California. And, of course, Fredericksburg, Texas.

2653
02:32:29,579 --> 02:32:31,870
We hope you will join us at J6 or Jenny's

2654
02:32:31,870 --> 02:32:37,040
1776 bar. 21st, Orlando, Florida. The 24th, Los Altos, California.

2655
02:32:37,319 --> 02:32:40,020
And the 24th as well in Tilburg, the Netherlands. That

2656
02:32:40,020 --> 02:32:43,469
is just a smattering. of meetups that are available. If

2657
02:32:43,469 --> 02:32:46,190
you go to knowagenda.meetups.com, you can get all the information

2658
02:32:46,190 --> 02:32:49,139
there. It's free to go. It's free to start. There's

2659
02:32:49,139 --> 02:32:51,790
no requirements other than you go there, have a good

2660
02:32:51,790 --> 02:32:55,020
time, meet people, because these people, the people you meet

2661
02:32:55,020 --> 02:32:57,840
there, These will be connections that give you protection. They

2662
02:32:57,840 --> 02:33:01,659
will be your first responders in any emergency. NoagendaMeetups.com. If

2663
02:33:01,659 --> 02:33:04,540
you can't find one near you, start one yourself. It's

2664
02:33:04,540 --> 02:33:26,819
always easy and guaranteed a party. And I do have

2665
02:33:26,819 --> 02:33:29,239
an ISO for the end of show. I'm not going

2666
02:33:29,239 --> 02:33:32,799
to preview it for you because... Face it, it's just

2667
02:33:32,799 --> 02:33:34,440
an ISO for the end of the show. You'll like

2668
02:33:34,440 --> 02:33:36,629
it. Only one end of show mix. I made them

2669
02:33:36,629 --> 02:33:40,379
all myself today. Okay. because no one sent anything in.

2670
02:33:40,479 --> 02:33:43,180
I think people are sick of themselves making it. But

2671
02:33:43,180 --> 02:33:45,120
I had a lot of fun coming up with the

2672
02:33:45,120 --> 02:33:49,079
lyrics just to make everything go smoother. I'm sorry if

2673
02:33:49,079 --> 02:33:51,899
you hate it. Just fast forward. It won't hurt you.

2674
02:33:52,440 --> 02:33:55,879
I guarantee you it won't hurt you. Coming up next

2675
02:33:55,879 --> 02:33:58,799
on the No Agenda Stream, thank you, Sir Bemrose. We

2676
02:33:58,799 --> 02:34:04,170
get to do this. Episode number 52, which is titled

2677
02:34:04,170 --> 02:34:08,690
Doomerang. I think you'll enjoy that. I certainly enjoy doing

2678
02:34:08,690 --> 02:34:13,090
it with Pastor Jimmy, WGTDT.com, and... I will return on

2679
02:34:13,090 --> 02:34:16,479
Sunday with Sir Ducifer, Rob Dew. We'll be rocking and

2680
02:34:16,479 --> 02:34:19,790
rolling for you. We'll break down the crazy world around

2681
02:34:19,790 --> 02:34:23,360
you, deconstruct some media, and have a few laughs. Until

2682
02:34:23,360 --> 02:34:31,360
then, please remember us at noagendedonations.com. And remember... Adios mofos

2683
02:34:31,360 --> 02:34:34,420
And a hooey hooey And such