Based Camp - US Financial Data + $$$ + AI = Insane Scandals

00:00:00.000 hello everyone we are here with brian chow again who's putting together a very interesting new

00:00:06.700 project he was actually trending on x either yesterday or the day before for these drops

00:00:11.640 and he pitched a few stories that he has found like he made an ai company that goes through

00:00:17.620 public records and looks for coincidences and interesting stories and then digs into it further

00:00:24.240 and so he sends me a number of the really interesting things he found or he sent it to

00:00:28.240 simone because they didn't want to they didn't want to tell me first yeah maybe because you never

00:00:33.340 check signal should we do it should we do it and she goes malcolm malcolm he found out something

00:00:38.680 very interesting about the catholics and i was like oh okay so that's how it began yeah yeah but

00:00:46.800 brian first tell us yeah like a little bit about what this is and where people can find it but also

00:00:52.380 what did you find that was so there's a prominent organization you know claiming to represent

00:00:59.080 catholics in the u.s called the u.s conference of catholic bishops what percentage of this

00:01:03.900 organization's revenue do you think is from refugee and migration contracts from the royal

00:01:08.920 government malcolm oh my god i i mean it would be crazy if it was over like 10 so so it's 10

00:01:19.340 percent your guess yes that's my guess your guess is ten percent do you want to clickbait the the

00:01:26.280 viewers to listen more or do you want to just say the percent what's the percent i haven't seen it

00:01:31.020 yes 81 81 how central is this organization like what are they the the main bishops organization

00:01:38.640 in the united states yeah so u.s conference for for catholic bishops there's no so there's not

00:01:46.620 exactly a like official national organization in the like catholic hierarchy this is my

00:01:55.120 understanding but this is basically the largest such organization like a membership-based

00:01:59.600 organization for catholics in the u.s and this is the this is the largest such one

00:02:04.440 yeah they're they're non-trivial and i i asked catholic friends of ours because i was like i

00:02:10.220 never heard of this before i'm like well i don't know is this some like weird split no no they

00:02:14.160 81%. So the Catholic church in the United States. Okay. So the United States of Catholic bishops

00:02:20.720 is the main and official organization for Catholic bishops in the United States.

00:02:24.420 It is the Episcopal consequence of the Catholic church in the U S including the U S Virgin

00:02:28.520 Islands. It brings together the active bishops of the Latin church diocese and the Eastern

00:02:33.260 Catholic of some things so that they can exercise certain blah, blah, blah. It's national membership

00:02:38.500 yes it's the main it's the main one yes wait this is so crazy i think tithing they they received

00:02:46.200 like funding from the catholic church to understand the majority of their revenue is

00:02:52.080 coming from refugee based basically scams on the u.s government i guess would most of this be coming

00:02:58.040 for the u.s government yeah so so all of this is based on federal hhs funding i believe all of it

00:03:05.000 under the Office of Refugee Resettlements.

00:03:07.180 The main grant program that covered

00:03:10.100 is exclusively from the Office of Refugee Resettlements.

00:03:13.780 All these are classified as refugee and migration services.

00:03:16.720 That's the specific code under federal grants.

00:03:19.320 It's really crazy.

00:03:20.580 Take it as an aside here to sort of frame this for people.

00:03:24.640 It's been five minutes and you've already been truth noob.

00:03:27.680 I think a lot of people do not realize

00:03:30.620 how much the Catholic church upper class,

00:03:34.620 the cardinals the pope and and the bishops are profiting from the stripping of the catholic

00:03:41.840 church right like as they lower the numbers of people like you're like well if the roman mass

00:03:47.140 is more popular why aren't they doing it if they can get a diocese to like super low numbers then

00:03:52.900 they can sell off all the stuff in the diocese and make a lot of money and they've been selling

00:03:56.560 these very frequently recently to become mosques and what's interesting is they'll take these old

00:04:02.160 catholic institutions and the spsx multiple times has raised the money to buy these old you know

00:04:08.640 cathedrals and and catholic schools and stuff like that but they refuse to sell to the sspx

00:04:13.240 and then they convert them into moths and they and they run off with the money but it's not just

00:04:17.920 there it's also that they benefit from the leftist policies through bringing in just endless waves of

00:04:23.480 immigration and so if you're wondering like why is this being pushed so hard for by the vatican

00:04:29.460 They have written a number of things about, like, no, you need unlimited immigration into Europe and into the United States, is that they are directly, not just financially benefiting from this, but it is their primary source of income.

00:04:42.060 You can pull up the auditing here.

00:04:44.760 Actually, what you just said might explain something else interesting that I found.

00:04:50.840 So there's two revenue numbers here.

00:04:53.080 There's a smaller one and a bigger one.

00:04:55.600 81% is the fraction of the smaller one, which excludes net assets released from restrictions, which is this like interesting thing.

00:05:05.060 It's not like necessarily revenue, but it's this kind of internal transfer of assets.

00:05:09.880 And that was actually also a massive amount.

00:05:11.980 It was like $80 million.

00:05:13.540 Oh, no.

00:05:14.880 The total revenue is a bit over $300 million.

00:05:18.940 And so it's around $220 million without the net assets released from restrictions.

00:05:23.520 and $180 million of that is from the MRS,

00:05:27.500 Migration and Refugee Services contracts.

00:05:29.880 So we're at 81% of the total,

00:05:32.060 not including the assets released from restrictions,

00:05:34.300 but the assets released from restrictions.

00:05:36.240 I never really like,

00:05:37.540 I've been kind of rushing to do the launch

00:05:39.460 and get the story published,

00:05:40.760 but I never really fully looked into

00:05:42.560 what the assets released from restrictions were.

00:05:45.600 And it might be that.

00:05:46.660 It might be what we're talking about.

00:05:48.560 Well, something that makes this story

00:05:50.500 a little interesting for me,

00:05:51.560 so I'm digging a bit deeper on this,

00:05:52.920 is I remember that they shut down one of their major immigration branches 0.77

00:05:57.600 right when the Afrikaners, the white Afrikaners,

00:06:00.640 were looking to immigrate to the United States.

00:06:02.720 Now, that actually intersects with the story

00:06:04.840 because the U.S. Conference of Catholic Bishops,

00:06:07.560 that was the org that I believe they cut ties

00:06:10.780 with the specific refugee resettlement services under Trump.

00:06:16.760 There was this different organization

00:06:18.880 that kind of picked up the brand where it left off called,

00:06:21.560 the acronym is CCUSA.

00:06:23.860 Let me just quickly look up

00:06:24.960 what the organization is.

00:06:27.260 Catholic Charities USA.

00:06:28.940 So that might have been

00:06:30.260 a little overstated,

00:06:31.840 but yeah, that ties into the story.

00:06:35.060 Okay, continue.

00:06:35.740 Just go with the story.

00:06:36.880 I want to hear the whole thing.

00:06:38.920 Yeah, so we can pull it up.

00:06:40.700 There's a lot of beautiful graphs.

00:06:42.560 I know you guys love the graphs.

00:06:44.060 We all love the graphs here.

00:06:45.700 You can put up here

00:06:46.640 the grant size by start month graph.

00:06:49.680 And let me know what you see in this graph.

00:06:51.560 should it should be the graph that says grant size by start month preferred committees 1.2

00:06:56.280 yeah go go to grant size by start month oh this should be it should be the first page yeah yeah

00:07:01.920 so what we're looking at is basically a graph of on the y-axis grant size x-axis grant start

00:07:12.340 month and year so it's functionally zero 2007 2008 9 10 13 tiny tiny little bit in 2014

00:07:21.120 Then again in 2017.

00:07:22.960 Yeah, that's around $16 million in 2016.

00:07:26.360 In 2016.

00:07:26.900 And then it jumps to $1.2 billion total.

00:07:30.960 And each individual grant size is around $100 to $150 million.

00:07:35.580 So what happened in 2022?

00:07:37.200 Because, yeah, suddenly it's like,

00:07:39.180 basically this is a chart of just sudden and weird activity out of nowhere.

00:07:43.040 Yeah, it's zooming.

00:07:44.280 This is the out-of-control exponential growth of the grant sizes.

00:07:48.740 I was going to draw the exponential curves here, you know, at this rate, you know, the preferred communities program will consume all world GDP by 2030.

00:07:57.780 That's a little joke about the AI discourse.

00:08:01.480 So this was like right at the end of COVID?

00:08:03.960 Right at the end of COVID.

00:08:04.860 A bit after the end of COVID.

00:08:07.140 And what it really coincides with is the Ukraine war.

00:08:11.280 You can actually see the systematic way. 0.98

00:08:13.540 COVID, by the way, for people who don't know, caused by a Catholic. 0.92

00:08:16.740 Anthony Fauci is a Catholic. 0.65

00:08:18.740 for the clueless biden is a catholic oh i'm just putting this out there guys

00:08:25.160 we like our catholic fans it's just the church and some of your members are you know kind of

00:08:35.260 okay great so i jumped ahead a little bit here but here you can see the the timeline oh it looks

00:08:42.520 like there's a little bit of an issue in the prince one the numbers are certainly in the

00:08:46.480 right box on the actual website. But here you can see the grant expansion amounts. And this is

00:08:53.560 actually a very common pattern, not just in the Office of Refugee Resettlement, but across the

00:08:57.940 entire U.S. government, with their legal limits to how large the grants can be, in this case,

00:09:04.160 5 million a year. Obviously, by the end of this program, it is not 4.5 million a year, not even

00:09:11.460 close, her grants. And it, you know, it was up to 160 something million across five years.

00:09:20.420 And how that happened was that there's systematic grant expansion. You apply for a grant for a much

00:09:26.580 smaller amount, and then you apply for an extension of that grant by, you know, essentially a hundred

00:09:32.580 times the original amount. The specific funding package that was tied to this expansion was kind

00:09:38.040 interesting. So this is after the start of the Ukraine war. HHS got $3.7 billion for refugee

00:09:44.040 resettlement. And in your mind, you would think, OK, that kind of makes sense. There's the Ukraine

00:09:49.700 war, Ukrainian refugees actually fleeing conflict. And so you take that money and you would use it 0.99

00:09:55.660 to help resettle Ukrainian refugees. Maybe you're for that, maybe you're against that. But that's

00:09:59.380 at least a story that kind of makes sense. What actually happened, so based on a government

00:10:03.920 Accountability Office report, 47% of that, around $1.79 billion, was estimated to kill the Ukrainian

00:10:11.180 beneficiaries. They were able to track down $982 million of that. That was definitely allocated

00:10:17.380 to Ukrainian refugees. I mean, the majority of the funding package, $1.99 billion, went to,

00:10:23.660 as they describe it, other populations eligible for OLR services. So the Ukraine war package,

00:10:29.660 part of the ukraine war bill that was passed as the ukraine war bill more than half of that

00:10:34.820 went to somalians yes to the catholic church was not related to the ukrainian refugees at all

00:10:41.860 and even this is wild highlight for people like where where we are with this imagine if

00:10:48.600 a jewish president was elected right like first imagine if fauci was jewish what what you know

00:10:54.700 tucker carlson and nick fuentes would be saying right now instead of a catholic imagine if we

00:10:59.140 elected a because all of this happened under the biden presidency who was a catholic right this is

00:11:05.020 why the church fights so hard against right-wing causes i think a lot of people think oh it's just

00:11:09.840 it is ideological but it's also financial right is what we're seeing here and this is amazing that

00:11:17.000 you got this data and it's so structurally and again when i'm like no we're pro-individual

00:11:22.640 catholics the the analogy i always make here is i'm always very confused by it it's like

00:11:26.960 you have a friend who's like a henchman for like an obvious super villain and and he's like a

00:11:33.280 really nice guy and you're like why why do you why do you inch for this guy right like well like

00:11:38.600 like transparently it's his motto it's like i do evil but anyway awesome we are back dude

00:11:48.520 you heard him i'll pick you up at five be outside i don't want to have to talk to your mom be there

00:11:53.860 Daddy's home.

00:12:23.860 yeah yeah like you know i'm a i'm a huge fan of like almost every russian that i meet like pavel

00:12:43.160 you know amazing but like you know the russian government not a not a huge fan

00:12:48.600 same way i like i like pretty much every russian i've i've met but yeah actually russians are

00:12:54.140 weirdly cool yeah same with chinese people for example nobody ever gets confused around this

00:12:59.820 with like chinese people thinking you're anti-chinese person because you're against the 0.75

00:13:03.540 ccp right but like i don't i don't know why like chinese the the i guess if you actively support

00:13:10.540 the ccp you kind of don't get to not actively support the ccp no you know you're in another

00:13:15.780 country right like but i guess it's it's harder because like if you're a catholic you still have 0.87

00:13:19.920 to be in submission to the magisterium and you know your money goes to this if you're tithing

00:13:25.140 so chris in contrast if you're american well it's it's interesting because it kind of is the other

00:13:33.360 way around so if you keep going in the article i i pulled the audit statements for 2023 and 2024

00:13:41.280 from the United States Conference of Catholic Bishops.

00:13:44.820 So we can see that the grant amounts,

00:13:47.100 this is where the 81.8% number comes from,

00:13:50.200 from in contracts and grants revenue.

00:13:51.740 And it's clarified later on

00:13:53.040 that all of that exclusively comes

00:13:54.540 from migration and refugee services.

00:13:56.800 That's 180 million.

00:13:59.080 It's around 81% of the total revenue,

00:14:02.040 not including assets released from restrictions.

00:14:05.320 And actually around 10 million of that,

00:14:08.360 13.4 million goes to paying salaries for for usccp members a lot of their around a third of their

00:14:17.080 total like employee salaries taxes and benefits are being paid out of this program well paid by

00:14:24.420 you the taxpayer like it this is the thing when we talk about like parasitic religious organizations

00:14:30.620 and stuff like this and that make it very difficult to even if the individual members are nice to

00:14:35.680 allow to set up operate or allow them to have positions of power within your government when

00:14:41.020 when they're milking us dry with stuff like this and it's it's one of these groups that we don't

00:14:45.880 even that i that i think a lot of people maybe on our channel we talk about it more but like

00:14:49.760 this is horrifying continue yeah so so if you go to actually a few pages back so you can see how

00:15:00.160 of these grants were scaled up by both the ordinary, you know, linear scale and the log

00:15:05.780 scale. And this is, I think, the most important systematic pattern is this trend of grant

00:15:13.940 expansion. I'll be doing another story. This one's not ready yet. It's this massive story

00:15:19.900 where we saw something very similar to an even bigger number, a number 10 times as much

00:15:25.900 with with medicaid as well oh no no no no and so there's this systematic strategy of applying for

00:15:34.920 rewards and i think that the accountability measures that did exist in the united states

00:15:39.740 i think they're actually like pretty good for for this even though there's a loophole which is that

00:15:45.060 it's set initial grant limits right it's that initial limits to the grants and the way that

00:15:50.740 this was circumvented by the agencies was that it's almost this like kind of silly like software

00:15:56.360 bug where you can kind of apply for a grant and then you can you can expand the grant yeah yeah

00:16:01.380 you mentioned this already times the original amount 100 times true yeah yeah it's it's like

00:16:07.620 crazy pattern 100 times in some of these individual grants and then at a at a collective level around

00:16:14.840 roughly, I guess also around a hundred times, around 60 million total to around 1.2 billion

00:16:21.160 total. And a lot of that goes into, as you were saying, direct support of either pro-asylum

00:16:28.080 policies and opposition to Trump's statements. So you can see here, there's this, this is every

00:16:34.920 official statement by each of these organizations about, you know, Trump.

00:16:40.400 What I found very interesting about this is this isn't just the main one. It looks like

00:16:44.560 all the Catholic organizations are involved in this.

00:16:47.820 It's not just Catholics, so there's organizations,

00:16:51.540 and to me at least, I think it's very important

00:16:53.760 to delineate between, like, a lot of the time,

00:16:57.000 the membership of not just the Catholic Church,

00:16:59.520 but all of these churches, it's actually not just them.

00:17:03.140 There are many religious nations that have them

00:17:06.540 which represent them, or claim to represent them,

00:17:10.080 but are really, like, overwhelmingly funded

00:17:12.920 by these migration contracts.

00:17:15.400 So Church World Service, Episcopal Migration Ministries,

00:17:18.000 of course, there's been a lot of controversy recently

00:17:19.780 around Episcopalians and, you know, their church leadership.

00:17:23.220 Yeah, they were the ones who shut down their entire thing 0.99

00:17:26.100 over rather than help white-knackers. 0.97

00:17:27.360 No, who split off, right? 0.93

00:17:28.280 There was just a split-off group, right?

00:17:30.940 Yeah, and then there's a higher, 0.60

00:17:32.860 which claims to represent Jewish values.

00:17:35.920 So there's a lot of religious denominations

00:17:39.040 whose leadership or, you know,

00:17:41.160 The organizations which claim to be their leaders are already receiving these grants.

00:17:47.420 Episcopal Migration Ministries, how what?

00:17:49.280 Well, I mean, I think a lot of this also shows the rot within. 0.94

00:17:55.460 Well, I mean, are the Episcopal Migration Ministries Episcopals or do they mean Episcopal Catholics?

00:18:01.080 Also, one thing I'm curious about is because when I initially looked it up, I don't remember getting a really satisfactory answer.

00:18:09.080 Did you get any color on what?

00:18:12.540 It's the Refugee Resettlement and Immigration Advocacy Program of the Episcopal Church.

00:18:17.440 I remember now, actually, so if you go to the statements section, there's actually a

00:18:23.220 letter from the leadership of the Episcopal Migration Ministries that was published by

00:18:29.480 the Episcopal Church.

00:18:31.280 So I was actually very curious about this, of how much of these organizations of the

00:18:36.820 Episcopal Migration Ministries specifically, how much that represented the official positions

00:18:41.080 of the church. And it seems to be a pretty direct representation because this was published

00:18:46.640 on the Episcopal Church website, the statement from the Episcopal Migration Ministries,

00:18:52.660 which appears to be a kind of like subcomponent of the Episcopal Church focused on migration.

00:18:59.960 And so what does it say?

00:19:01.600 so yeah it's it's on the screen right now in the church i'm writing with some significant

00:19:08.200 news about episcopal migration ministries organization that leaves episcopal church

00:19:12.360 refugee resettlement ministry since january the previous bipartisan u.s refugee admissions program

00:19:17.000 which in which we participate has essentially shut down virtually no new refugees have arrived

00:19:21.580 hundreds of staff and resettlement agencies around the country has been laid off funding

00:19:24.900 for resettling refugees who've already arrived has been uncertain then just over two two weeks

00:19:30.280 ago the federal government informed episcopal migration ministries under the terms of our

00:19:33.720 federal grant we're expected to resettle africaners from south africa whom the u.s government has

00:19:38.780 classified as refugees in light of our church said fact to miss commitment to racial justice

00:19:42.980 and reconciliation in our historic ties with the anglican church of south and southern africa

00:19:47.200 we were not able to take the step accordingly we have determined that by the end of the fiscal

00:19:51.760 federal fiscal year we'll conclude our refugee resettlement grant agreements with the u.s federal

00:19:56.140 government. I want to be very clear about why you made

00:19:58.080 this decision and what we believe

00:19:59.980 lies ahead for Episcopal Migration Ministries

00:20:02.400 and what vital work. It has been

00:20:04.260 painful to watch one group of refugees select 1.00

00:20:06.120 a highly unreasonable manner, see preferential

00:20:08.140 treatment over many others who have been waiting in refugee

00:20:10.160 camps or dangerous conditions for years. 1.00

00:20:12.220 I'm saddened and ashamed that many of the refugees

00:20:14.480 who are being denied entrance to the United

00:20:16.340 States are brave people, worked alongside

00:20:18.220 our military in Iraq and Afghanistan, and now face

00:20:20.280 danger at home because of their service to our

00:20:22.300 country, so on and so forth. 0.60

00:20:23.860 so they literally shut down the entire scam rather than accidentally help white people

00:20:29.060 yeah and i think there's a small correction i want to make this one was the one that was

00:20:33.120 more explicit about connection and disconnecting their funding due to yeah yeah the catholic one

00:20:39.700 didn't say that's why they were shutting it down they just shut it yeah the catholic ones also

00:20:43.040 disconnected their funding the funding i think got transferred to catholic charities usa so i

00:20:47.560 think it wasn't a total disconnect but that one was not the one that was explicitly about the

00:20:52.980 South African resettlement. Well, yeah, they didn't say it was. It just happened at the same

00:20:57.100 time. Yeah, it happened around roughly the same time, yeah. What exactly were they doing? So

00:21:02.260 you mentioned, for example, advocating for certain policy, but were they actually on the ground

00:21:08.640 helping refugees find apartments? Like, what exactly were they getting paid to do per the

00:21:14.420 preferred settlement program? Yeah, so a lot of this was finding housing and actually physically

00:21:20.480 relocating refugees. So specifically, or, you know, this gets a little fuzzy as well,

00:21:27.240 because we know that not all of the people served by these programs in the, by the respective

00:21:34.580 churches are actually people who have refugee status, but at least nominally, and there are

00:21:40.760 actually other grants as well. So it's kind of mixed in so that we, even though this specific

00:21:47.500 grant is earmarked for refugee services, or at least, you know, that's the purpose of the grant,

00:21:53.100 we don't know how this in practice goes towards people who have refugee status versus our other

00:21:59.860 kinds of migrants. And there are other grants that they receive that are legally like allowed

00:22:04.300 to be used for other migrants, but it's all sort of mixed in into the same few programs.

00:22:11.620 Yeah. And for people who aren't familiar with what the Episcopal Church is, because I think

00:22:16.980 some people could hear that and they could think it's just a generic Protestant church.

00:22:20.100 When the Catholic church broke off from the English church, the version of the Protestants

00:22:27.160 that wanted to continue to still worship as if they were Catholic using all of the iconography

00:22:32.420 and everything like that, they became the Anglicans. And when the Anglicans came to the

00:22:36.540 United States, they became the Episcopals. So they are a mirror of pretty much, I think where 0.69

00:22:43.380 we're seeing this is in in all of the high church sort of religious institutions within within the

00:22:48.840 united states you're just saying episcopals we don't quite call them Catholics but they're

00:22:53.080 Catholics look at their churches they're all fancy then they got all the fancies idolatrous churches

00:22:59.800 oh the scandal scandals we have a bunch of oh and look who we got here as well Simone 1.00

00:23:07.180 the lutheran oh great yeah we know how you feel about the lutherans well

00:23:16.340 the lutherans formed by limestone or way around yeah right

00:23:22.980 no comment we'd love you would be like you would think that would make you guys

00:23:30.460 more favorable to the lutheran church but maybe not yeah you'd think that yeah the the heavy

00:23:36.380 you know yeah but you can see here vast majority like 90 plus percent in some of these cases

00:23:43.300 of their revenue come from these migration services grants that's so do you think a part

00:23:49.880 of this is that they just don't have tithing parishioners anymore and so the fundamental

00:23:54.040 business model of being a religious institution today has changed and the surviving religious

00:23:58.960 institutions that have non-trivial infrastructure and bureaucracy have to basically become de facto

00:24:05.100 government NGOs like getting these grants like what's going on like you're thinking of it from

00:24:10.320 like a mergers and acquisitions perspective it's like okay what do they have they have churches

00:24:16.480 in communities a lot of these communities are shrinking like if I were to give the the positive

00:24:21.540 case for this is that there is a kind of business synergy there right where you have like you have

00:24:27.640 land you have like at least some amount of parishioners that that that can work and you

00:24:33.820 know theoretically help people settle in and so it's not it felt like out of the out of question

00:24:41.160 to say you know to be fair to them to say like oh this is a service that they would be somewhat

00:24:46.740 competent in providing so that i think is fair but especially when you get to the political

00:24:52.840 statements and it's like you know it's kind of like saying like you know

00:24:58.640 of course people will talk about this as like the most common example but if

00:25:04.760 defense contractors were kind of like commonly like paraded out by the media every time there

00:25:10.060 was a scandal over defense and they were taken as a credible you know neutral source of saying like

00:25:14.700 you know the the fact that there's opposition to more more wars and more defense contracts

00:25:20.880 is a moral outrage you know it would be at least a little suspect right and and that's i think the

00:25:26.840 the angle here where it's like, okay, you can provide these services. In many cases, maybe

00:25:32.020 you're, you know, maybe that's a policy we don't want to be funding. Maybe it's a policy we do want

00:25:36.420 to be funding, you know, you can have a debate over that. But if your primary source of income

00:25:41.560 is coming from migration contractors, then you should not be taken as a credible source,

00:25:47.880 either morally or kind of factually on, you know, migration policy by the media, which often very

00:25:54.700 uncritically is what happens here. These organizations will come out, they'll denounce

00:25:59.620 the Trump migration policies, and there will be no mention whatsoever of the majority stake in

00:26:06.920 migration contracting revenue that all these organizations have. Yeah, that is wild. Well,

00:26:14.160 and it also shows why for a lot of these high church iterations of Christianity, the motivation

00:26:19.980 that they have to create sort of the you know a leftist bureaucrat state because they have such 0.90

00:26:27.340 an easy time sipping from it right you know the the like well like ticks like parasites you know

00:26:32.680 they call it the swamp and this is a fascinating problem right we kind of still don't know why we

00:26:37.920 don't know how the cycle starts is it the bureaucracy that causes the leftism or the

00:26:41.940 leftism right well and also like to what how much are you aware of how much of

00:26:49.840 the migrant resettlement or preferred community programs revenue or like grant revenue went or

00:26:56.940 sorry grant money went to religious institutions to execute it because something that also surprises

00:27:02.300 me is there's kind of this reputation among leftist youtubers that i listen to for example

00:27:07.340 that like well religious conservatives are you know they're like the bad guy they're not help

00:27:12.960 you know we need to help immigrate immigrants we need to help migrants and and they would never

00:27:16.680 think that this huge portion of people actually out there helping migrants resettle in the united

00:27:23.480 states are the very religious institutions that they demonize so i i'm wondering like how much

00:27:28.480 institutions are entirely captured simone like well i'm aware of that but they aren't i'm just

00:27:33.200 wondering how much of the migrant resettlement is being done by religious institutions versus

00:27:38.420 just other non-profits yeah it's not exclusively it's a bit over half it might be 60 oh that's a

00:27:43.400 lot. No, that's huge. Yeah, but there are other large recipients. The largest recipient, I believe,

00:27:51.520 at least based on the terms of the initial contract, was USCCB, which was $164 million,

00:27:58.640 I believe. Let me quickly double check that. Church World Service, $162 million. Lutheran

00:28:03.180 Immigration Refugee Service, $159 million. USCCB, $141 million. Physical Migration Ministries,

00:28:09.860 80 million and that's about half the pool so so the entire pool was just over 1.2 billion dollars

00:28:18.640 okay wow yeah no that's that is that is non-trivial that just yeah what surprises me first

00:28:23.800 off is just knowing that the catholic church has such a big specialty in helping helping migrants

00:28:29.040 resettle too that this much money is going out to this and that also this grant expansion trick

00:28:35.760 i love it my gosh i mean i i hate it obviously but like it makes sense we have won government

00:28:41.120 contracts through some business things we've worked on in the past and the amount of oversight

00:28:45.780 once you've won them is is kind of atrociously low and and very sloppy and it's concentrated

00:28:53.640 on this bidding process right yes it's but the bidding process is extremely corrupt it's it's

00:28:59.400 it's corrupt and it's loaded and it's not actually taken that seriously and then once

00:29:04.960 It's corrupt in an interesting way.

00:29:06.680 There's actually an in-progress story that I'm reporting on on this.

00:29:09.660 It's corrupt in an interesting way, which is actually that there is a lot of oversight.

00:29:14.740 And that oversight is kind of selective.

00:29:16.580 It's sometimes applied as a weapon.

00:29:18.940 It's performative oversight.

00:29:20.320 It's like, look, we did all the right things and just happened to give it to our person who we chose ahead of time.

00:29:26.900 Yeah, I think that's true in part.

00:29:29.300 But it's also true that, like, it creates a number of checkboxes where you can just say, like, actually, these new competitors did not fill out the proper checkboxes. So it is this, like, somewhat procedurally effective gatekeeping mechanism.

00:29:45.520 But once that you're right, that once that grant approves is approved, there's very little recourse and there's very little that you can actually do to continue applying oversight or to request further information.

00:30:00.080 It's it's this very sort of one way door.

00:30:04.720 It's really I just I don't know. It horrifies me. And now that I know that there's this additional way that people are getting a ton of extra money, it really freaks me out.

00:30:12.660 so this is fascinating where can people find the article and effort.news what effort.news

00:30:22.840 at the time of recording but it will be up at the time of releasing this do you have any other

00:30:30.440 fun findings that you can give as like summaries for people that they can dip duper on oh he has

00:30:35.000 other fun findings there's a ton of stuff that that we're launching we're launching with between

00:30:40.680 five to seven stories depending on how much time i have to to typeset the other stories

00:30:46.680 later today but um there is a lot there there is foreign interference by the british government

00:30:54.400 pushing censorship censorship laws in the united states there is this one i think is one that you

00:31:00.440 guys will also find really delightful were you guys aware of that like degrowth letter that was

00:31:05.280 going around a few months ago. There was this degrowth letter. A lot of people made fun of it

00:31:12.220 because it was like, the headline was like, the economists have done the math, you know,

00:31:16.600 we need to agree with or something like that. It's not the exact quote. But of course, like

00:31:20.500 economists were like dunking on this because of course, most economists do not believe that we

00:31:25.460 need to degrowth. But this organization was funded by a number of European NGOs who were founded by

00:31:32.740 and who received the majority of their money

00:31:35.120 from literal 19th century heirs.

00:31:38.100 Literally like people who's like great, great grandfather 0.96

00:31:40.500 started like an oil business in like fucking 1800s 0.98

00:31:46.120 and are now like donating their like dead 0.99

00:31:50.540 great, great grandfather's money

00:31:52.160 to like fund degrowth in Europe.

00:31:54.880 That checks out.

00:31:56.140 Yeah, that makes a lot of sense.

00:31:57.600 That class that we've talked about

00:31:58.260 is one of the most ideologically captured classes.

00:32:00.480 We have rich people who wanted to fund us.

00:32:04.300 It actually makes me respect the American socialists more.

00:32:09.780 There's a large American foundation that's also funding some of these projects called the Omidyar Network.

00:32:16.180 And even the socialists in the United States make their own money.

00:32:20.980 They actually founded eBay.

00:32:23.000 So even the socialists in America are more hardworking than the socialists in Europe.

00:32:28.940 we can take pride in that at least yes that is that is somewhat encouraging some of the

00:32:34.800 socialists brian i mean you know let's not be too generous right no it's a lot more admirable i

00:32:43.740 think if you're if you're like an heir to like a 19th century fortune and that's what you're

00:32:48.620 spending your money on it's actually like i think a totally different valence you know than than if

00:32:53.460 you actually were legitimately successful, right? And then you decide to spend your money on policies.

00:33:00.120 I mean, I don't agree with those policies, but it's actually like a lot more respectable,

00:33:03.700 at least in my view. We have also in the launch, we have a race-based Medicare rationing. You want 0.96

00:33:11.420 to talk about race-based Medicare rationing? Yeah, I thought that was really interesting. 0.96

00:33:17.220 Talk about race-based Medicare rationing. What did you find in that?

00:33:19.960 Sure, we can pull that up.

00:33:23.260 Yeah, this is the other article you sent to me, Brian, right?

00:33:25.440 And this is actually a pro-natalist story, too, because...

00:33:28.680 Yeah, the race-based natalism policy.

00:33:31.020 This one was crazy, too.

00:33:32.480 With the punchline being that people who were not basically black or brown broadly were being denied, in some cases, like prenatal services because they were not black or brown, which is race-based discrimination with federally funded programs.

00:33:49.160 which is super not okay to do like technically like not not legal to do but it's still happening

00:33:55.980 so this is against the equal protection clause of the the 14th amendment and the the civil rights

00:34:01.720 act but it was not enforced until very recently there is a chance that we might actually get

00:34:06.380 something from this because i talk about this in the article that's a policy that's changed very

00:34:12.100 recently in the united states department of justice civil rights division it might be fun

00:34:16.900 to talk about how i got some of these stories i would really like to like taking large federal

00:34:22.900 data sets and then using some modified lm tools really more so from a cost perspective i think

00:34:29.100 you could theoretically do this if you're if you're just using one of the vanilla models

00:34:32.880 they'll cost you more and take you a lot longer i'm basically saying like find me a story it's

00:34:38.380 like fine really wait not even like i want you to look in this data set for this specific thing

00:34:43.880 you're just like i don't know do you think do you see anything interesting yep in some ways it's a

00:34:49.260 lot more open-minded way to do journalism right i mean yeah but like dude i think a lot of the

00:34:55.140 stories will be right waiting because like it's not new information stuff that happened like five

00:35:00.280 years ago or more right most of these grants for the first story were issued in 2021 so you could

00:35:05.320 have recorded this in 2021 conservative media i mean like like it or not and of course like the

00:35:10.740 New York Times is biased and so on.

00:35:12.760 But I think the left-wing stories are kind of like actually get reported out.

00:35:17.420 I think that's the thing.

00:35:18.760 So I think even though I was not going into this with an angle of like, oh, I'm going

00:35:23.440 to just go out of my way to find stories that were interesting to the right, that may be

00:35:27.840 how it gets picked up anyway, because that's just the stories that haven't been reported

00:35:30.920 on yet.

00:35:32.460 Yeah, I agree.

00:35:33.140 But I really hope you can pick this up.

00:35:36.840 Let's see if I can make this a little bigger.

00:35:38.660 No.

00:35:38.820 Well, California's race-based NATO policy, yeah.

00:35:42.380 Yeah, wait, hold on.

00:35:43.260 I'm bringing it back.

00:35:44.120 Just give me a second here

00:35:44.900 because we don't typically get to show PDFs.

00:35:47.020 Anyway, I guess we can't zoom in.

00:35:49.220 Oh, well.

00:35:51.400 But yeah, so yeah, explain to this.

00:35:54.220 I can send you a website preview later

00:35:57.840 and you can have some higher quality graphics

00:36:00.400 if you want to edit those in.

00:36:02.000 By the way, I made it so that you can page through this

00:36:04.440 at your leisure on your own.

00:36:07.020 Yeah, there you go.

00:36:07.660 Can you go to the first page of that, Simone?

00:36:09.980 There's just three programs.

00:36:10.840 Wait, Malcolm wants you to go back to the first page of it.

00:36:13.040 So you didn't even read it.

00:36:14.180 You got to read it.

00:36:14.980 Programs for Black women birthing people could have Medicare funding cut off.

00:36:20.320 All right, now go to the next thing.

00:36:22.680 Yeah, so all these programs take federal Medicaid funding.

00:36:27.260 They're all also both facially against the text of the Civil Rights Act

00:36:31.780 and against the recent, you know, but historically it hasn't been enforced that way.

00:36:36.540 But but also against the recent revisions in the Department of Justice Civil Rights Division rulemaking, which is here is basically saying, like, actually, full protection does apply to all races and you can't.

00:36:49.380 So there are some cases previously where Title VI agreements were used to either force,

00:36:58.560 essentially force states to open these programs up to all races, which is what happened in the

00:37:02.720 past, or to threaten to cut off Medicaid funding if that doesn't exist. 0.63

00:37:06.840 Yikes.

00:37:07.180 So there is a remedy legally, which is that the Department of Justice Civil Rights Division

00:37:12.040 can actually shut off Medicaid funding if they continue to racially discriminate.

00:37:16.060 And there are two cases before where they started that process, once in Minnesota and another time in Illinois, both with these kind of race-based Medicaid rationing programs.

00:37:26.200 And in both cases, the DOJ managed to get those programs basically opened up to all races.

00:37:31.240 But not the case now. No one has done this.

00:37:33.460 Yeah, I don't really know if they know about it. They have not yet responded to my request for comment.

00:37:39.520 Maybe they will by the time this is published, but as of recording, they have not.

00:37:43.980 so i don't know if they even know about this interesting maybe it's help right you guys get

00:37:50.620 more people to know about this know about so they're literally birthing to try to be a civil

00:37:56.240 rights violation so they're using medicaid money to try to increase the black birth rate like that's 0.83

00:38:02.440 that's why providing medical services only to in some cases only to black people in some cases only 0.65

00:38:08.240 to Black as well as American Indian, Alaska Native, Pacific Islanders.

00:38:13.140 So yeah, they're selectively providing medical services based on race.

00:38:16.720 And in this case, it's like basically like prenatal services. 1.00

00:38:20.700 And I think you even mentioned in the article from when I first read it that like one woman

00:38:25.140 reported just being turned away when she asked.

00:38:28.340 Yeah, so this is interesting, too.

00:38:30.380 This will be a super interesting case of whether we can have more private rights of action

00:38:34.780 based on discrimination, where historically this has been an enormous cash cow for a lot of the

00:38:41.940 kind of DEI NGOs, where, you know, they'll sue on behalf of minority groups, mostly

00:38:49.580 whether on behalf of people who are Black or on behalf of women. But really, you know,

00:38:54.520 the civil rights, the text of the Civil Rights Act, a lot of these suits in any direction.

00:38:58.620 This case can prove out whether there can be more of a rights towards discrimination on behalf of other groups or against other groups, and whether those will be rewarded a similar kind of settlement in court.

00:39:14.120 So you have this program where, based on our name, seemingly like a white Hispanic lady went in to try to access one of these services and then was denied those services and is now filing a Title VI civil rights lawsuit about this refusal.

00:39:30.580 And that stuff is kind of still in court right now.

00:39:32.640 We don't know where that's going. 0.66

00:39:34.460 Good for her, though.

00:39:37.100 I've been surprised in the past.

00:39:38.840 I think a lot of people actually experienced things like this in the past.

00:39:42.500 Or I remember going to Planned Parenthood once and being like, well, I'm interested in planning a family now.

00:39:49.280 Like, what should I do?

00:39:50.000 And they're like, we can't help you here.

00:39:51.680 We only do the other stuff.

00:39:53.200 And I was like, hold on.

00:39:54.960 That's not what I was told.

00:39:56.440 But I guess people just kind of, I think most people have weird experiences, but they don't report them.

00:40:01.720 They don't try to start a lawsuit.

00:40:04.140 So I don't, I mean, who knows how many people have encountered this.

00:40:07.780 It's really wild.

00:40:08.920 Something that's also kind of relevant to this.

00:40:10.920 I don't know if you saw this.

00:40:11.920 So this is already public.

00:40:13.380 This is not something that we are exclusively reporting.

00:40:16.720 But the Justice Department, I don't know if you guys saw this, published some information

00:40:21.920 about a case they have against Duke University.

00:40:24.960 And that has the amazing statistic that rejected white and Asian applicants have a higher average

00:40:31.960 SAT score than accepted black applicants. 0.90

00:40:35.260 Oh, yeah, we've seen that headline.

00:40:37.320 And I mean, I guess now it's just like, well, of course.

00:40:40.680 Everybody knows it now.

00:40:41.680 I mean, the leaf worked on racist against whites and Asians.

00:40:44.400 Yeah.

00:40:44.680 Ecology.

00:40:45.280 Yeah.

00:41:07.580 Yeah.

00:41:08.140 Yeah. And the thing about, you know, Harmeet posting about this is he actually, you know, is the main person to do something about this. I think has been one of the most effective members of the Trump administration. This might actually be, you know, I guess I should praise her more if I if I want us actually, you know, the stories I'm breaking to have some consequence.

00:41:29.160 Yeah.

00:41:29.860 This is such an interesting effort, though, because it's both investigative journalism that we've really lost for 10, 20 years, maybe.

00:41:40.280 Like, there just really hasn't been much work coming out like this that I would have expected to get.

00:41:46.180 And all powered by AI, which is super, super cool, plus your brilliant mind.

00:41:50.740 then this additional layer of activism which i guess i mean do you primary expect to enact it by

00:41:56.820 asking people for comment and getting other people to do something or is there an additional branch

00:42:01.580 of what you're working on where you're actually going to push harder for like to deploy people

00:42:05.700 to take action on the information probably the most you know publication out there like the best

00:42:10.880 news that is fit to print you know and part of that is also the data presentation i think it's

00:42:15.720 like crazy thing for even like i was showing my friend the versell dashboard the other day this

00:42:21.820 is very very successful software company used for for fun and hosting for for a lot of sites

00:42:27.100 but really it's not just versell it's like every series a or b or later startup has better data

00:42:33.380 presentation than new york times it's a very common skill now it's a skill that i have and

00:42:37.800 i think that's reflected in this site where really there are a single digit number of like really

00:42:44.780 competent data presentation people in the mainstream press. Maybe the most famous is

00:42:48.780 John Byrne Murdoch from the Financial Times. He's like a household name

00:42:52.760 basically by, I don't want to be mean to John Byrne Murdoch, I think he does good work,

00:42:56.920 but basically has become a household name by publishing charts that are

00:43:00.740 about the same quality as a Series A or Series B startup. So there's

00:43:04.640 plenty of capability to have much better data presentation, actually.

00:43:09.400 And this is the other thing that I'm kind of frustrated by with

00:43:12.580 kind of new media companies is number one they don't break stories number two they don't really

00:43:17.880 go for a more like high quality publication a lot of them just end up looking like the new york post

00:43:24.200 and actually the new york post is an interesting example because they do break stories but they

00:43:28.720 also look like the new york post which is really unfortunate i really think that this is the the

00:43:36.280 crown in the gutter because right now is a complete change in the scope and possibility

00:43:44.620 of what kind of stories can be reported it would take a team of multiple people working for a year

00:43:51.060 to report the kinds of stories i'm reporting now so it's not an entire surprise that they've gone

00:43:56.440 unreported for a long time that's changing now it's a crown in the gutter and absolutely do it

00:44:01.120 I mean, I am doing it, and I think this will be very soon the greatest investigative reporting publication in the world.

00:44:09.560 Well, I hope so, and we're glad to have you on, and I hope that it's upstream of a bunch of YouTubers like I to just read the story and then go, ah, you know, that's the way to do it.

00:44:19.660 Oh, yeah. You're going to give us so much episode fun.

00:44:21.980 ecosystem for a bit like you know we're in the fox girls or the media chat there's like

00:44:26.380 an entire you know new ecosystem that's popping up and you guys really i think you guys know more

00:44:33.320 about this than me so it'd be interesting to get your thoughts on it the vtuber ecosystem

00:44:39.100 play in that's what we do but the interesting thing about this new media ecosystem is it has

00:44:43.980 a few people who are sort of top of the funnel and find the stories first and and they're like

00:44:49.720 kirsha is an example of one of these she'll do the the app synthesis and then the story flows

00:44:55.900 down so if we have more people there then that's more for the rest of us right you know

00:45:00.900 is she like uh finding stories from scratch or is she kind of like serving as a bridge between like

00:45:08.160 no she thinks to be finding them from scratch so what she does is she goes and she'll like look

00:45:14.780 when somebody will be like oh x company was woke and then it was fixed and then she tries to go

00:45:19.380 into their public documentation and everything like that to see if they're actually not woke now

00:45:23.860 looking up the programs they're doing and stuff like that and that's that's an area of of research

00:45:29.840 that you could definitely use more reach is the crazy woke programs that companies are doing

00:45:35.700 that large companies are doing and shining a light on those because that's something that i think

00:45:39.600 people would find pretty interesting yeah so there was this story i like kind of got scooped on this

00:45:44.960 A lot of the data was already public, but independently found the same data of company filings, earnings calls and such dimensions of diversity, equity, inclusion, stuff like that has dropped more than 90%.

00:45:57.780 That's, of course, just the overt public statements.

00:46:00.540 That's like the branding, right?

00:46:02.440 It's not always reflecting the underlying stuff.

00:46:04.680 But that is actually pretty interesting.

00:46:06.880 Maybe you guys can put that graphic up as well.

00:46:09.560 Taking a lot of these stories, there's like, there's like a pretty long incubation period of before they actually see the light of day. That's something that if I am successful with this company, will absolutely change in five years where it's like, right now, like the Office of Refugee resettlement story, we've had that information, that information has been publicly available for five years, or maybe a little less than five years.

00:46:38.640 I think the first grants appeared or like the first grants in this latest

00:46:41.780 expansion appeared.

00:46:43.720 Oh, from 20.

00:46:44.580 Yeah.

00:46:44.800 Well, 2016 was a five year anniversary.

00:46:47.680 Okay.

00:46:47.860 So this could have been reported for a long time.

00:46:50.100 It absolutely wasn't.

00:46:51.720 And it's this like crazy,

00:46:54.240 it's this crazy inefficient market.

00:46:56.380 A lot of people I've talked to leading up to this launch,

00:46:58.980 even a lot of people who already work in media are like shocked at this.

00:47:01.960 They're like, oh, well, why is it?

00:47:03.420 And why has no one done this yet?

00:47:05.000 And most of the time,

00:47:06.400 the answer is that people just don't want to put in the effort.

00:47:08.640 so that that's really going to change i guess like the interesting thing about new media

00:47:14.840 as well is like there's a convergence on the idea and this is especially true in the tech space

00:47:21.100 there's a convergence on the idea that like all you need to do is sort of reframe the discussion

00:47:26.320 from a different opinion right and i think that has been good you know i'll be actually you know

00:47:32.540 doing a lot of interviews with those tech podcast publications, you know, video, video shows as well.

00:47:40.020 So, so, so I, I'm, it's not like I dislike them, but a lot of the time what they'll do is that

00:47:44.440 they'll talk about the same stories reported from the New York times, but they'll talk about it in

00:47:48.260 a kind of like conservative or kind of libertarian pro-tech opinion angle. And, you know, maybe

00:47:54.140 that's better than nothing. I certainly think it's better than nothing, but I don't know. It seems

00:47:58.900 kind of narrow like why do you guys think it like ended up that way i think first off not that many

00:48:05.760 people are responsible like not that many people care and if you're looking at something like okay

00:48:12.140 so you're looking at a publication that has to stay alive and that depends on clicks or something

00:48:16.440 like that and they're trying to get people to click over they're way more likely to get a bunch 0.97

00:48:22.660 of attention and money by posting something stupid and culture worry and not actually substantive or 0.99

00:48:28.880 something about celebrities than they are 1.00

00:48:30.900 to post something.

00:48:32.700 I don't even think that's true. Really?

00:48:35.320 Yeah, I think you need to break

00:48:36.840 stories. I guess we need to have a judgment to break

00:48:38.700 stories, right? I mean, we'll see with the launch

00:48:40.780 but I think it will be quite a successful

00:48:42.980 launch. I mean, obviously,

00:48:44.660 I haven't been exposed to the actual

00:48:46.860 I haven't posted any of these stories

00:48:48.720 publicly yet, so it's like a big

00:48:50.760 question mark. Maybe you'll fail and there'll be a big

00:48:52.760 egg on my face.

00:48:54.860 But I think there is interest

00:48:56.680 in investigative stuff. I think that

00:48:58.880 if you are ahead of ahead of the curve and publish something that then becomes viral then becomes a

00:49:03.980 center of attention you do get credit for that but but people just don't do it maybe it's like

00:49:08.940 a cost benefit thing maybe they haven't fully priced in ai i'm not entirely sure but yeah it's

00:49:14.320 still seems still seems very odd to me it is i think i mean to your point a lot of it can come

00:49:21.980 down to good visuals a lot of the stuff that ends up going viral that is more substantive

00:49:26.440 goes viral because there's some striking graph that people can share online like you have to

00:49:31.960 think about what is someone's motivation to share something online and malcolm's model for that has

00:49:35.940 always been well then this is going to reinforce someone's self-image for example like i'm the

00:49:42.820 person who shares stories about this or it just validates their self-image like family members

00:49:49.660 selling sending us information about studies that show that reading physical paper objects is

00:49:55.620 better for your brain or something right and they're like i told you so so you have to think

00:50:00.740 about why someone's going to be compelled to share your story and also how much that share on its own

00:50:07.340 is going to captivate audiences and if you have a really compelling visual then it is going to

00:50:11.320 captivate audiences like i've seen so much of the almond water versus data center water graphic

00:50:17.420 floating around recently yeah because it's just so like salient and easy and also for anyone who's

00:50:23.920 on the pro data center side like we can so smugly share it and be like so there you go ha ha ha and

00:50:30.400 it makes us feel very smug and so i think it comes down to that i think that's why it's so good that

00:50:36.740 you're looking at the importance of really strong visuals if you can create visuals that people can 0.99

00:50:43.240 smugly post and that make them look so smart and well-informed and oh you don't you idiots don't 0.99

00:50:49.680 realize how serious this problem is especially if it feeds into yeah a lot of it you know a lot of 1.00

00:50:54.520 it is like the immediate truth nuke right yes something that that i want to obviously that's

00:50:58.940 not most of these stories most of these stories are kind of longer investigations using data from

00:51:03.640 a time frame of like five to ten periods but something else i want to do a lot more of is

00:51:08.160 like the immediate truth nuke one of these stories is kind of like this the data is actually kind of

00:51:12.520 old but i have this story on like the the ev dumping theory which knowledge was completely

00:51:19.040 fabricated by kind of like the auto lobby and by defense interest by like kind of like

00:51:24.460 wait what is this what is the ev dumping theory i'm gonna bring it up all sorts of these stories

00:51:30.240 that pop up that are just like clearly fabricated the one that i remember the best because i was

00:51:35.560 kind of like directly involved with this one the the 10 000 h100 story so there was this story

00:51:43.140 around the time when deep sea came out of course it's like wildly cheaper model than anything we

00:51:47.500 was published before. And a bunch of like defense industry types were like very enthusiastic about

00:51:54.620 promoting this H-100, 10,000 smuggled H-100s claim. And this claim was completely false.

00:52:01.260 The original source for this claim, I actually kind of respect that he did this, which is Dylan

00:52:06.160 from Semi-Analysis. He had kind of like a tweet, like, oh, there's 10,000 H-100s or something.

00:52:13.820 And then he like later published a full article kind of like retracting that claim saying like, oh, what I actually meant was 10,000 H100 equivalents, including hardware that was legally purchased from NVIDIA and allowed on the US, which is obviously a different claim.

00:52:30.980 But I actually respect, I don't really blame Dylan for this.

00:52:34.300 I think what probably happened was that he had a source inside like state or defense that just straight up lied to him.

00:52:40.540 And he got caught and he didn't know that, like, people from defense or state would just straight up lie to you and then go, you know, promote these completely false claims everywhere.

00:52:51.340 Anyways, we now know that that absolutely did not happen.

00:52:54.600 This was just, like, fabricated by the defense industry.

00:52:58.900 So EVs are way, what, more environmentally friendly than?

00:53:03.160 No, so that was related to the DeepSea H100 stuff, which I was kind of, like, directly involved in.

00:53:08.380 i was kind of like um what's the point ai stuff with the admin at the time what's the plot uh 0.87

00:53:14.140 this is a similar thing happening with evs right it's it's the same like fucking export control 0.54

00:53:18.920 people but what's the point like what's what were they trying to argue or just oh so go go on no no 0.96

00:53:27.040 like what were they trying to argue versus what's the reality i did like the to the average person

00:53:32.100 here they don't know the reality is that that deep seek made a number of algorithmic improvements

00:53:36.300 mostly that made their model a lot cheaper to train and run they were arguing that you know

00:53:40.800 there were all these smuggled h100s these smuggled like ai specific oh so they were saying they were

00:53:45.300 getting really good machinery okay it was this kind of like mild like conspiracy drained take

00:53:50.820 that like actually deep seek was trained on all of this hardware because there is no way that they

00:53:55.560 trained they trained their model on like limited hardware that they were legally allowed to

00:53:59.720 purchase but turns out that actually they they did train it on the legally purchased hardware

00:54:04.160 and that the model is just better.

00:54:06.720 And in fact, they've continued not just creating,

00:54:09.280 but publishing those model improvements,

00:54:11.540 those like algorithmic improvements to their models,

00:54:14.540 including the recent V4 Flash.

00:54:16.480 Okay, and the AV tariff thing.

00:54:19.460 No, that claim was false.

00:54:21.860 The more efficient models come from just better model designs

00:54:26.280 and don't come from all these secret H100s.

00:54:29.820 The secret H100s being that they pretended

00:54:32.600 that it was running on much more advanced software hardware than it actually was and it actually was

00:54:37.100 running on limited hardware is that what you're talking about was the ev story what what is what

00:54:41.620 is where you can see that there's this completely fabricated story about ev dumping so the ev

00:54:49.080 dumping theory this was promoted by like both the last two presidents all sorts of people from both

00:54:54.100 political parties i think kind of originated in a bunch of like u.s like auto trade associations

00:54:59.220 but the claim is that chinese ev exports are heavily subsidized you can go down the claim

00:55:05.980 to claim table here it's like massive subsidies you know propelled by subsidies all this stuff

00:55:10.800 would you like to play a similar game where we guess the number the total amount of the subsidy

00:55:17.880 right what is the total amount as a percentage of the total price what do you think a byd ev

00:55:25.340 This is like one of the most popular EV companies in China.

00:55:28.840 What amount of that price is subsidized?

00:55:31.000 What would you guess?

00:55:33.300 5%?

00:55:34.040 Don't imagine.

00:55:34.780 I mean, we have 100% import taxes in the US on EVs, so nothing.

00:55:40.640 Yeah, it's 127.5 now, and they're doing a different ban.

00:55:44.880 You have this super interesting, you know, maybe not interesting, but like funny thing.

00:55:49.140 They had to keep upgrading the tariffs because it kind of sounds crazy.

00:55:52.880 But, like, there was this theoretical model where, like, even if you had 25% tariffs, the Chinese cards would still outcompete the American ones. 0.62

00:56:01.000 Which, if you're coming from the software world, it's like, oh, 25% off your margin, maybe that's doable. 0.97

00:56:06.420 But if you're coming from manufacturing, that's fucking crazy. 0.82

00:56:09.240 That's how much of a difference in technology there is. 0.92

00:56:11.780 But the actual answer is around 1.2%.

00:56:14.200 Yeah, that makes sense.

00:56:15.120 So you can scroll down here.

00:56:16.120 It's this tiny section.

00:56:18.540 And if you even see it.

00:56:20.100 Like, yeah, exactly.

00:56:21.900 And even if you count all of the differences in financing laws, which we could reform our financing laws at home, but even if you count those as de facto subsidies, it is roughly 7% of the price difference between Tesla and BYD.

00:56:37.340 Tesla is, of course, the most efficient American company, which is around 2.3% of the total BYD price.

00:56:43.360 So even if you're, oh, it's 1.2% for direct subsidies.

00:56:46.700 And even if you're touting all of this, like, financing reform stuff that we could totally

00:56:51.060 implement in the US, that's, like, 2.3% of the total price.

00:56:55.260 So it is this, like, massive truth nuke where there's the story that was being passed around

00:57:00.880 all the time, this, like, cult about Chinese EVs of, like, oh, they're massively subsidized.

00:57:05.220 That's why we can't compete with them.

00:57:06.760 It turns out that's completely untrue.

00:57:08.520 Most of the, most of the savings are based on, like, supply chain integration.

00:57:12.000 And generally, there's some improvements compared to even Tesla, right?

00:57:16.720 Of course, the gap will be even bigger than this for the non-Tesla.

00:57:20.760 But also necessity.

00:57:21.540 You're not going to sell an EV in China if the vast majority of people can't afford it.

00:57:26.080 It's for a market that has, I would argue, much narrower carbons.

00:57:29.680 This is a comparison of Chinese prices.

00:57:32.520 So this is a Tesla.

00:57:33.820 Really?

00:57:34.920 Oh, my gosh.

00:57:36.120 That's even crazier than I thought then.

00:57:37.880 Okay.

00:57:38.020 yeah so china is currently like significant or sorry tesla is currently significantly losing

00:57:43.840 market share in china there was this interesting rumor recently that that tesla would sell off its

00:57:49.300 china china section for for basically political reasons elon said this wasn't true it was

00:57:56.680 interesting because when i originally saw that story i thought oh this is like coke right this

00:58:01.480 is going to be like tesla's going to sell off their their chinese section and they're going to

00:58:05.020 say it was because of politics but really it's because they're not not really making money off

00:58:08.720 that and they're being out competed and this is just like the code but elon said that's not true

00:58:12.960 so so so apparently apparently it's fake news that is well interesting stuff thanks for finding this

00:58:19.460 this is going to be so great for i mean i think the other thing that really gives you good

00:58:23.740 tailwinds for this venture is that there is this growing ecosystem of streamers who instead of

00:58:29.560 playing games is turning to new stories and any good salacious truth nukes you'll be delivering

00:58:35.940 them so that is it's very favorable congratulations brian and everyone check out effort.news because

00:58:42.480 i mean i don't know what's the frequency of publication you're aiming for here

00:58:46.560 effort.news brian chow 57 on twitter frequency of publication it will vary a lot more

00:58:54.260 probably one to three times per week and a lot of people can be based off of the initial weight

00:59:01.660 of hiring i'm interviewing several people for the publication both this week and next week

00:59:07.220 i scheduled that during the launch so i don't know how that'll go if we can scale up i'd ideally get

00:59:13.140 it to the only publication rate but as of now at least once per week probably closer to three times

00:59:18.580 a week and we can really scale up from we can really get to the point of where it's like one

00:59:22.420 per day or like multiple per day that is so cool congratulations brian and yeah i'm super excited

00:59:28.960 to see what you guys turn out so thank you for thank you for giving us some like basically launch

00:59:34.260 day details and we will be watching this very closely going forward yeah you can you can put

00:59:40.900 the base camp exclusives on the titles even though we'll be doing a bunch of other streams on the

00:59:45.440 launch day but i this was super fun i'm glad you enjoyed the story about about the catholics

00:59:50.440 always

00:59:51.620 and a large number of other

00:59:55.020 religious charities, religious

00:59:56.940 organizations. Yeah, it was super

00:59:59.000 fun. Thanks for having me on.

01:00:01.160 Thank you, Brian. Yeah.

01:00:02.920 All right. Well,

01:00:04.960 Godspeed, sir. You're doing very important

01:00:07.020 work. All right.

01:00:09.640 Show me.

01:00:12.800 What's going on here?

01:00:15.120 Tell me.

01:00:16.660 Well, who's what down here? What's going on?

01:00:18.720 The first side of my army land and that's the giant boat.

01:00:25.400 What does a giant boat do?

01:00:27.400 A giant boat uses with that armor to cast stock.

01:00:34.980 Can you show me how?

01:00:35.980 Yeah, but you want to take a picture of me too.

01:00:39.480 Of course.

01:00:40.480 I promise. 1.00

01:00:41.480 I'm like you mommy, now it's time to take a dancer on me. 1.00

01:00:48.480 Give me your best pose then. 1.00

01:00:51.480 That's your pose?

01:00:54.480 I like it.

Based Camp - August 14, 2026

US Financial Data + $$$ + AI = Insane Scandals

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