Based Camp - August 14, 2026


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

Topics
race-based Medicare rationing
Hosted by
Malcolm Collins Simone Collins
Mentioned
John Marvin Murdoch Episcopal Catholics Simone Trump Brian Dylan Tucker Carlson Anthony Fauci Alaska Native Nick Fuentes Godspeed Malcolm Harmeet Flash
The Girl Gooner Apocalypse (Is A Good Thing？) Hotel Manager： How Different Ethnic Groups Use Hotels

Episode Stats


Length

1 hour

Words per minute

173.72

Word count

10,587

Sentence count

401

Harmful content

Misogyny

5

sentences flagged

Toxicity

16

sentences flagged

Hate speech

26

sentences flagged


Transcript

Transcript generated with Whisper (turbo).
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Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
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Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00 hello everyone we are here with brian chow again who's putting together a very interesting new
00:00:06 project he was actually trending on x either yesterday or the day before for these drops
00:00:11 and he pitched a few stories that he has found like he made an ai company that goes through
00:00:17 public records and looks for coincidences and interesting stories and then digs into it further
00:00:24 and so he sends me a number of the really interesting things he found or he sent it to
00:00:28 simone because they didn't want to they didn't want to tell me first yeah maybe because you never
00:00:33 check signal should we do it should we do it and she goes malcolm malcolm he found out something
00:00:38 very interesting about the catholics and i was like oh okay so that's how it began yeah yeah but
00:00:46 brian first tell us yeah like a little bit about what this is and where people can find it but also
00:00:52 what did you find that was so there's a prominent organization you know claiming to represent
00:00:59 catholics in the u.s called the u.s conference of catholic bishops what percentage of this
00:01:03 organization's revenue do you think is from refugee and migration contracts from the royal
00:01:08 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 percent your guess yes that's my guess your guess is ten percent do you want to clickbait the the
00:01:26 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 yes 81 81 how central is this organization like what are they the the main bishops organization
00:01:38 in the united states yeah so u.s conference for for catholic bishops there's no so there's not
00:01:46 exactly a like official national organization in the like catholic hierarchy this is my
00:01:55 understanding but this is basically the largest such organization like a membership-based
00:01:59 organization for catholics in the u.s and this is the this is the largest such one
00:02:04 yeah they're they're non-trivial and i i asked catholic friends of ours because i was like i
00:02:10 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 81%. So the Catholic church in the United States. Okay. So the United States of Catholic bishops
00:02:20 is the main and official organization for Catholic bishops in the United States.
00:02:24 It is the Episcopal consequence of the Catholic church in the U S including the U S Virgin
00:02:28 Islands. It brings together the active bishops of the Latin church diocese and the Eastern
00:02:33 Catholic of some things so that they can exercise certain blah, blah, blah. It's national membership
00:02:38 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 like funding from the catholic church to understand the majority of their revenue is
00:02:52 coming from refugee based basically scams on the u.s government i guess would most of this be coming
00:02:58 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 under the Office of Refugee Resettlements.
00:03:07 The main grant program that covered
00:03:10 is exclusively from the Office of Refugee Resettlements.
00:03:13 All these are classified as refugee and migration services.
00:03:16 That's the specific code under federal grants.
00:03:19 It's really crazy.
00:03:20 Take it as an aside here to sort of frame this for people.
00:03:24 It's been five minutes and you've already been truth noob.
00:03:27 I think a lot of people do not realize
00:03:30 how much the Catholic church upper class,
00:03:34 the cardinals the pope and and the bishops are profiting from the stripping of the catholic
00:03:41 church right like as they lower the numbers of people like you're like well if the roman mass
00:03:47 is more popular why aren't they doing it if they can get a diocese to like super low numbers then
00:03:52 they can sell off all the stuff in the diocese and make a lot of money and they've been selling
00:03:56 these very frequently recently to become mosques and what's interesting is they'll take these old
00:04:02 catholic institutions and the spsx multiple times has raised the money to buy these old you know
00:04:08 cathedrals and and catholic schools and stuff like that but they refuse to sell to the sspx
00:04:13 and then they convert them into moths and they and they run off with the money but it's not just
00:04:17 there it's also that they benefit from the leftist policies through bringing in just endless waves of
00:04:23 immigration and so if you're wondering like why is this being pushed so hard for by the vatican
00:04:29 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 You can pull up the auditing here.
00:04:44 Actually, what you just said might explain something else interesting that I found.
00:04:50 So there's two revenue numbers here.
00:04:53 There's a smaller one and a bigger one.
00:04:55 81% is the fraction of the smaller one, which excludes net assets released from restrictions, which is this like interesting thing.
00:05:05 It's not like necessarily revenue, but it's this kind of internal transfer of assets.
00:05:09 And that was actually also a massive amount.
00:05:11 It was like $80 million.
00:05:13 Oh, no.
00:05:14 The total revenue is a bit over $300 million.
00:05:18 And so it's around $220 million without the net assets released from restrictions.
00:05:23 and $180 million of that is from the MRS,
00:05:27 Migration and Refugee Services contracts.
00:05:29 So we're at 81% of the total,
00:05:32 not including the assets released from restrictions,
00:05:34 but the assets released from restrictions.
00:05:36 I never really like,
00:05:37 I've been kind of rushing to do the launch
00:05:39 and get the story published,
00:05:40 but I never really fully looked into
00:05:42 what the assets released from restrictions were.
00:05:45 And it might be that.
00:05:46 It might be what we're talking about.
00:05:48 Well, something that makes this story
00:05:50 a little interesting for me,
00:05:51 so I'm digging a bit deeper on this,
00:05:52 is I remember that they shut down one of their major immigration branches 0.77
00:05:57 right when the Afrikaners, the white Afrikaners,
00:06:00 were looking to immigrate to the United States.
00:06:02 Now, that actually intersects with the story
00:06:04 because the U.S. Conference of Catholic Bishops,
00:06:07 that was the org that I believe they cut ties
00:06:10 with the specific refugee resettlement services under Trump.
00:06:16 There was this different organization
00:06:18 that kind of picked up the brand where it left off called,
00:06:21 the acronym is CCUSA.
00:06:23 Let me just quickly look up
00:06:24 what the organization is.
00:06:27 Catholic Charities USA.
00:06:28 So that might have been
00:06:30 a little overstated,
00:06:31 but yeah, that ties into the story.
00:06:35 Okay, continue.
00:06:35 Just go with the story.
00:06:36 I want to hear the whole thing.
00:06:38 Yeah, so we can pull it up.
00:06:40 There's a lot of beautiful graphs.
00:06:42 I know you guys love the graphs.
00:06:44 We all love the graphs here.
00:06:45 You can put up here
00:06:46 the grant size by start month graph.
00:06:49 And let me know what you see in this graph.
00:06:51 should it should be the graph that says grant size by start month preferred committees 1.2
00:06:56 yeah go go to grant size by start month oh this should be it should be the first page yeah yeah
00:07:01 so what we're looking at is basically a graph of on the y-axis grant size x-axis grant start
00:07:12 month and year so it's functionally zero 2007 2008 9 10 13 tiny tiny little bit in 2014
00:07:21 Then again in 2017.
00:07:22 Yeah, that's around $16 million in 2016.
00:07:26 In 2016.
00:07:26 And then it jumps to $1.2 billion total.
00:07:30 And each individual grant size is around $100 to $150 million.
00:07:35 So what happened in 2022?
00:07:37 Because, yeah, suddenly it's like,
00:07:39 basically this is a chart of just sudden and weird activity out of nowhere.
00:07:43 Yeah, it's zooming.
00:07:44 This is the out-of-control exponential growth of the grant sizes.
00:07:48 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 That's a little joke about the AI discourse.
00:08:01 So this was like right at the end of COVID?
00:08:03 Right at the end of COVID.
00:08:04 A bit after the end of COVID.
00:08:07 And what it really coincides with is the Ukraine war.
00:08:11 You can actually see the systematic way. 0.98
00:08:13 COVID, by the way, for people who don't know, caused by a Catholic. 0.92
00:08:16 Anthony Fauci is a Catholic. 0.65
00:08:18 for the clueless biden is a catholic oh i'm just putting this out there guys
00:08:25 we like our catholic fans it's just the church and some of your members are you know kind of
00:08:35 okay great so i jumped ahead a little bit here but here you can see the the timeline oh it looks
00:08:42 like there's a little bit of an issue in the prince one the numbers are certainly in the
00:08:46 right box on the actual website. But here you can see the grant expansion amounts. And this is
00:08:53 actually a very common pattern, not just in the Office of Refugee Resettlement, but across the
00:08:57 entire U.S. government, with their legal limits to how large the grants can be, in this case,
00:09:04 5 million a year. Obviously, by the end of this program, it is not 4.5 million a year, not even
00:09:11 close, her grants. And it, you know, it was up to 160 something million across five years.
00:09:20 And how that happened was that there's systematic grant expansion. You apply for a grant for a much
00:09:26 smaller amount, and then you apply for an extension of that grant by, you know, essentially a hundred
00:09:32 times the original amount. The specific funding package that was tied to this expansion was kind
00:09:38 interesting. So this is after the start of the Ukraine war. HHS got $3.7 billion for refugee
00:09:44 resettlement. And in your mind, you would think, OK, that kind of makes sense. There's the Ukraine
00:09:49 war, Ukrainian refugees actually fleeing conflict. And so you take that money and you would use it 0.99
00:09:55 to help resettle Ukrainian refugees. Maybe you're for that, maybe you're against that. But that's
00:09:59 at least a story that kind of makes sense. What actually happened, so based on a government
00:10:03 Accountability Office report, 47% of that, around $1.79 billion, was estimated to kill the Ukrainian
00:10:11 beneficiaries. They were able to track down $982 million of that. That was definitely allocated
00:10:17 to Ukrainian refugees. I mean, the majority of the funding package, $1.99 billion, went to,
00:10:23 as they describe it, other populations eligible for OLR services. So the Ukraine war package,
00:10:29 part of the ukraine war bill that was passed as the ukraine war bill more than half of that
00:10:34 went to somalians yes to the catholic church was not related to the ukrainian refugees at all
00:10:41 and even this is wild highlight for people like where where we are with this imagine if
00:10:48 a jewish president was elected right like first imagine if fauci was jewish what what you know
00:10:54 tucker carlson and nick fuentes would be saying right now instead of a catholic imagine if we
00:10:59 elected a because all of this happened under the biden presidency who was a catholic right this is
00:11:05 why the church fights so hard against right-wing causes i think a lot of people think oh it's just
00:11:09 it is ideological but it's also financial right is what we're seeing here and this is amazing that
00:11:17 you got this data and it's so structurally and again when i'm like no we're pro-individual
00:11:22 catholics the the analogy i always make here is i'm always very confused by it it's like
00:11:26 you have a friend who's like a henchman for like an obvious super villain and and he's like a
00:11:33 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 like transparently it's his motto it's like i do evil but anyway awesome we are back dude
00:11:48 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 Daddy's home.
00:12:23 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 you know amazing but like you know the russian government not a not a huge fan
00:12:48 same way i like i like pretty much every russian i've i've met but yeah actually russians are
00:12:54 weirdly cool yeah same with chinese people for example nobody ever gets confused around this
00:12:59 with like chinese people thinking you're anti-chinese person because you're against the 0.75
00:13:03 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 the ccp you kind of don't get to not actively support the ccp no you know you're in another
00:13:15 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 to be in submission to the magisterium and you know your money goes to this if you're tithing
00:13:25 so chris in contrast if you're american well it's it's interesting because it kind of is the other
00:13:33 way around so if you keep going in the article i i pulled the audit statements for 2023 and 2024
00:13:41 from the United States Conference of Catholic Bishops.
00:13:44 So we can see that the grant amounts,
00:13:47 this is where the 81.8% number comes from,
00:13:50 from in contracts and grants revenue.
00:13:51 And it's clarified later on
00:13:53 that all of that exclusively comes
00:13:54 from migration and refugee services.
00:13:56 That's 180 million.
00:13:59 It's around 81% of the total revenue,
00:14:02 not including assets released from restrictions.
00:14:05 And actually around 10 million of that,
00:14:08 13.4 million goes to paying salaries for for usccp members a lot of their around a third of their
00:14:17 total like employee salaries taxes and benefits are being paid out of this program well paid by
00:14:24 you the taxpayer like it this is the thing when we talk about like parasitic religious organizations
00:14:30 and stuff like this and that make it very difficult to even if the individual members are nice to
00:14:35 allow to set up operate or allow them to have positions of power within your government when
00:14:41 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 even that i that i think a lot of people maybe on our channel we talk about it more but like
00:14:49 this is horrifying continue yeah so so if you go to actually a few pages back so you can see how
00:15:00 of these grants were scaled up by both the ordinary, you know, linear scale and the log
00:15:05 scale. And this is, I think, the most important systematic pattern is this trend of grant
00:15:13 expansion. I'll be doing another story. This one's not ready yet. It's this massive story
00:15:19 where we saw something very similar to an even bigger number, a number 10 times as much
00:15:25 with with medicaid as well oh no no no no and so there's this systematic strategy of applying for
00:15:34 rewards and i think that the accountability measures that did exist in the united states
00:15:39 i think they're actually like pretty good for for this even though there's a loophole which is that
00:15:45 it's set initial grant limits right it's that initial limits to the grants and the way that
00:15:50 this was circumvented by the agencies was that it's almost this like kind of silly like software
00:15:56 bug where you can kind of apply for a grant and then you can you can expand the grant yeah yeah
00:16:01 you mentioned this already times the original amount 100 times true yeah yeah it's it's like
00:16:07 crazy pattern 100 times in some of these individual grants and then at a at a collective level around
00:16:14 roughly, I guess also around a hundred times, around 60 million total to around 1.2 billion
00:16:21 total. And a lot of that goes into, as you were saying, direct support of either pro-asylum
00:16:28 policies and opposition to Trump's statements. So you can see here, there's this, this is every
00:16:34 official statement by each of these organizations about, you know, Trump.
00:16:40 What I found very interesting about this is this isn't just the main one. It looks like
00:16:44 all the Catholic organizations are involved in this.
00:16:47 It's not just Catholics, so there's organizations,
00:16:51 and to me at least, I think it's very important
00:16:53 to delineate between, like, a lot of the time,
00:16:57 the membership of not just the Catholic Church,
00:16:59 but all of these churches, it's actually not just them.
00:17:03 There are many religious nations that have them
00:17:06 which represent them, or claim to represent them,
00:17:10 but are really, like, overwhelmingly funded
00:17:12 by these migration contracts.
00:17:15 So Church World Service, Episcopal Migration Ministries,
00:17:18 of course, there's been a lot of controversy recently
00:17:19 around Episcopalians and, you know, their church leadership.
00:17:23 Yeah, they were the ones who shut down their entire thing 0.99
00:17:26 over rather than help white-knackers. 0.97
00:17:27 No, who split off, right? 0.93
00:17:28 There was just a split-off group, right?
00:17:30 Yeah, and then there's a higher, 0.60
00:17:32 which claims to represent Jewish values.
00:17:35 So there's a lot of religious denominations
00:17:39 whose leadership or, you know,
00:17:41 The organizations which claim to be their leaders are already receiving these grants.
00:17:47 Episcopal Migration Ministries, how what?
00:17:49 Well, I mean, I think a lot of this also shows the rot within. 0.94
00:17:55 Well, I mean, are the Episcopal Migration Ministries Episcopals or do they mean Episcopal Catholics?
00:18:01 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 Did you get any color on what?
00:18:12 It's the Refugee Resettlement and Immigration Advocacy Program of the Episcopal Church.
00:18:17 I remember now, actually, so if you go to the statements section, there's actually a
00:18:23 letter from the leadership of the Episcopal Migration Ministries that was published by
00:18:29 the Episcopal Church.
00:18:31 So I was actually very curious about this, of how much of these organizations of the
00:18:36 Episcopal Migration Ministries specifically, how much that represented the official positions
00:18:41 of the church. And it seems to be a pretty direct representation because this was published
00:18:46 on the Episcopal Church website, the statement from the Episcopal Migration Ministries,
00:18:52 which appears to be a kind of like subcomponent of the Episcopal Church focused on migration.
00:18:59 And so what does it say?
00:19:01 so yeah it's it's on the screen right now in the church i'm writing with some significant
00:19:08 news about episcopal migration ministries organization that leaves episcopal church
00:19:12 refugee resettlement ministry since january the previous bipartisan u.s refugee admissions program
00:19:17 which in which we participate has essentially shut down virtually no new refugees have arrived
00:19:21 hundreds of staff and resettlement agencies around the country has been laid off funding
00:19:24 for resettling refugees who've already arrived has been uncertain then just over two two weeks
00:19:30 ago the federal government informed episcopal migration ministries under the terms of our
00:19:33 federal grant we're expected to resettle africaners from south africa whom the u.s government has
00:19:38 classified as refugees in light of our church said fact to miss commitment to racial justice
00:19:42 and reconciliation in our historic ties with the anglican church of south and southern africa
00:19:47 we were not able to take the step accordingly we have determined that by the end of the fiscal
00:19:51 federal fiscal year we'll conclude our refugee resettlement grant agreements with the u.s federal
00:19:56 government. I want to be very clear about why you made
00:19:58 this decision and what we believe
00:19:59 lies ahead for Episcopal Migration Ministries
00:20:02 and what vital work. It has been
00:20:04 painful to watch one group of refugees select 1.00
00:20:06 a highly unreasonable manner, see preferential
00:20:08 treatment over many others who have been waiting in refugee
00:20:10 camps or dangerous conditions for years. 1.00
00:20:12 I'm saddened and ashamed that many of the refugees
00:20:14 who are being denied entrance to the United
00:20:16 States are brave people, worked alongside
00:20:18 our military in Iraq and Afghanistan, and now face
00:20:20 danger at home because of their service to our
00:20:22 country, so on and so forth. 0.60
00:20:23 so they literally shut down the entire scam rather than accidentally help white people
00:20:29 yeah and i think there's a small correction i want to make this one was the one that was
00:20:33 more explicit about connection and disconnecting their funding due to yeah yeah the catholic one
00:20:39 didn't say that's why they were shutting it down they just shut it yeah the catholic ones also
00:20:43 disconnected their funding the funding i think got transferred to catholic charities usa so i
00:20:47 think it wasn't a total disconnect but that one was not the one that was explicitly about the
00:20:52 South African resettlement. Well, yeah, they didn't say it was. It just happened at the same
00:20:57 time. Yeah, it happened around roughly the same time, yeah. What exactly were they doing? So
00:21:02 you mentioned, for example, advocating for certain policy, but were they actually on the ground
00:21:08 helping refugees find apartments? Like, what exactly were they getting paid to do per the
00:21:14 preferred settlement program? Yeah, so a lot of this was finding housing and actually physically
00:21:20 relocating refugees. So specifically, or, you know, this gets a little fuzzy as well,
00:21:27 because we know that not all of the people served by these programs in the, by the respective
00:21:34 churches are actually people who have refugee status, but at least nominally, and there are
00:21:40 actually other grants as well. So it's kind of mixed in so that we, even though this specific
00:21:47 grant is earmarked for refugee services, or at least, you know, that's the purpose of the grant,
00:21:53 we don't know how this in practice goes towards people who have refugee status versus our other
00:21:59 kinds of migrants. And there are other grants that they receive that are legally like allowed
00:22:04 to be used for other migrants, but it's all sort of mixed in into the same few programs.
00:22:11 Yeah. And for people who aren't familiar with what the Episcopal Church is, because I think
00:22:16 some people could hear that and they could think it's just a generic Protestant church.
00:22:20 When the Catholic church broke off from the English church, the version of the Protestants
00:22:27 that wanted to continue to still worship as if they were Catholic using all of the iconography
00:22:32 and everything like that, they became the Anglicans. And when the Anglicans came to the
00:22:36 United States, they became the Episcopals. So they are a mirror of pretty much, I think where 0.69
00:22:43 we're seeing this is in in all of the high church sort of religious institutions within within the
00:22:48 united states you're just saying episcopals we don't quite call them Catholics but they're
00:22:53 Catholics look at their churches they're all fancy then they got all the fancies idolatrous churches
00:22:59 oh the scandal scandals we have a bunch of oh and look who we got here as well Simone 1.00
00:23:07 the lutheran oh great yeah we know how you feel about the lutherans well
00:23:16 the lutherans formed by limestone or way around yeah right
00:23:22 no comment we'd love you would be like you would think that would make you guys
00:23:30 more favorable to the lutheran church but maybe not yeah you'd think that yeah the the heavy
00:23:36 you know yeah but you can see here vast majority like 90 plus percent in some of these cases
00:23:43 of their revenue come from these migration services grants that's so do you think a part
00:23:49 of this is that they just don't have tithing parishioners anymore and so the fundamental
00:23:54 business model of being a religious institution today has changed and the surviving religious
00:23:58 institutions that have non-trivial infrastructure and bureaucracy have to basically become de facto
00:24:05 government NGOs like getting these grants like what's going on like you're thinking of it from
00:24:10 like a mergers and acquisitions perspective it's like okay what do they have they have churches
00:24:16 in communities a lot of these communities are shrinking like if I were to give the the positive
00:24:21 case for this is that there is a kind of business synergy there right where you have like you have
00:24:27 land you have like at least some amount of parishioners that that that can work and you
00:24:33 know theoretically help people settle in and so it's not it felt like out of the out of question
00:24:41 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 competent in providing so that i think is fair but especially when you get to the political
00:24:52 statements and it's like you know it's kind of like saying like you know
00:24:58 of course people will talk about this as like the most common example but if
00:25:04 defense contractors were kind of like commonly like paraded out by the media every time there
00:25:10 was a scandal over defense and they were taken as a credible you know neutral source of saying like
00:25:14 you know the the fact that there's opposition to more more wars and more defense contracts
00:25:20 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 the angle here where it's like, okay, you can provide these services. In many cases, maybe
00:25:32 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 to be funding, you know, you can have a debate over that. But if your primary source of income
00:25:41 is coming from migration contractors, then you should not be taken as a credible source,
00:25:47 either morally or kind of factually on, you know, migration policy by the media, which often very
00:25:54 uncritically is what happens here. These organizations will come out, they'll denounce
00:25:59 the Trump migration policies, and there will be no mention whatsoever of the majority stake in
00:26:06 migration contracting revenue that all these organizations have. Yeah, that is wild. Well,
00:26:14 and it also shows why for a lot of these high church iterations of Christianity, the motivation
00:26:19 that they have to create sort of the you know a leftist bureaucrat state because they have such 0.90
00:26:27 an easy time sipping from it right you know the the like well like ticks like parasites you know
00:26:32 they call it the swamp and this is a fascinating problem right we kind of still don't know why we
00:26:37 don't know how the cycle starts is it the bureaucracy that causes the leftism or the
00:26:41 leftism right well and also like to what how much are you aware of how much of
00:26:49 the migrant resettlement or preferred community programs revenue or like grant revenue went or
00:26:56 sorry grant money went to religious institutions to execute it because something that also surprises
00:27:02 me is there's kind of this reputation among leftist youtubers that i listen to for example
00:27:07 that like well religious conservatives are you know they're like the bad guy they're not help
00:27:12 you know we need to help immigrate immigrants we need to help migrants and and they would never
00:27:16 think that this huge portion of people actually out there helping migrants resettle in the united
00:27:23 states are the very religious institutions that they demonize so i i'm wondering like how much
00:27:28 institutions are entirely captured simone like well i'm aware of that but they aren't i'm just
00:27:33 wondering how much of the migrant resettlement is being done by religious institutions versus
00:27:38 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 lot. No, that's huge. Yeah, but there are other large recipients. The largest recipient, I believe,
00:27:51 at least based on the terms of the initial contract, was USCCB, which was $164 million,
00:27:58 I believe. Let me quickly double check that. Church World Service, $162 million. Lutheran
00:28:03 Immigration Refugee Service, $159 million. USCCB, $141 million. Physical Migration Ministries,
00:28:09 80 million and that's about half the pool so so the entire pool was just over 1.2 billion dollars
00:28:18 okay wow yeah no that's that is that is non-trivial that just yeah what surprises me first
00:28:23 off is just knowing that the catholic church has such a big specialty in helping helping migrants
00:28:29 resettle too that this much money is going out to this and that also this grant expansion trick
00:28:35 i love it my gosh i mean i i hate it obviously but like it makes sense we have won government
00:28:41 contracts through some business things we've worked on in the past and the amount of oversight
00:28:45 once you've won them is is kind of atrociously low and and very sloppy and it's concentrated
00:28:53 on this bidding process right yes it's but the bidding process is extremely corrupt it's it's
00:28:59 it's corrupt and it's loaded and it's not actually taken that seriously and then once
00:29:04 It's corrupt in an interesting way.
00:29:06 There's actually an in-progress story that I'm reporting on on this.
00:29:09 It's corrupt in an interesting way, which is actually that there is a lot of oversight.
00:29:14 And that oversight is kind of selective.
00:29:16 It's sometimes applied as a weapon.
00:29:18 It's performative oversight.
00:29:20 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 Yeah, I think that's true in part.
00:29:29 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 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 It's it's this very sort of one way door.
00:30:04 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 so this is fascinating where can people find the article and effort.news what effort.news
00:30:22 at the time of recording but it will be up at the time of releasing this do you have any other
00:30:30 fun findings that you can give as like summaries for people that they can dip duper on oh he has
00:30:35 other fun findings there's a ton of stuff that that we're launching we're launching with between
00:30:40 five to seven stories depending on how much time i have to to typeset the other stories
00:30:46 later today but um there is a lot there there is foreign interference by the british government
00:30:54 pushing censorship censorship laws in the united states there is this one i think is one that you
00:31:00 guys will also find really delightful were you guys aware of that like degrowth letter that was
00:31:05 going around a few months ago. There was this degrowth letter. A lot of people made fun of it
00:31:12 because it was like, the headline was like, the economists have done the math, you know,
00:31:16 we need to agree with or something like that. It's not the exact quote. But of course, like
00:31:20 economists were like dunking on this because of course, most economists do not believe that we
00:31:25 need to degrowth. But this organization was funded by a number of European NGOs who were founded by
00:31:32 and who received the majority of their money
00:31:35 from literal 19th century heirs.
00:31:38 Literally like people who's like great, great grandfather 0.96
00:31:40 started like an oil business in like fucking 1800s 0.98
00:31:46 and are now like donating their like dead 0.99
00:31:50 great, great grandfather's money
00:31:52 to like fund degrowth in Europe.
00:31:54 That checks out.
00:31:56 Yeah, that makes a lot of sense.
00:31:57 That class that we've talked about
00:31:58 is one of the most ideologically captured classes.
00:32:00 We have rich people who wanted to fund us.
00:32:04 It actually makes me respect the American socialists more.
00:32:09 There's a large American foundation that's also funding some of these projects called the Omidyar Network.
00:32:16 And even the socialists in the United States make their own money.
00:32:20 They actually founded eBay.
00:32:23 So even the socialists in America are more hardworking than the socialists in Europe.
00:32:28 we can take pride in that at least yes that is that is somewhat encouraging some of the
00:32:34 socialists brian i mean you know let's not be too generous right no it's a lot more admirable i
00:32:43 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 spending your money on it's actually like i think a totally different valence you know than than if
00:32:53 you actually were legitimately successful, right? And then you decide to spend your money on policies.
00:33:00 I mean, I don't agree with those policies, but it's actually like a lot more respectable,
00:33:03 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 to talk about race-based Medicare rationing? Yeah, I thought that was really interesting. 0.96
00:33:17 Talk about race-based Medicare rationing. What did you find in that?
00:33:19 Sure, we can pull that up.
00:33:23 Yeah, this is the other article you sent to me, Brian, right?
00:33:25 And this is actually a pro-natalist story, too, because...
00:33:28 Yeah, the race-based natalism policy.
00:33:31 This one was crazy, too.
00:33:32 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 which is super not okay to do like technically like not not legal to do but it's still happening
00:33:55 so this is against the equal protection clause of the the 14th amendment and the the civil rights
00:34:01 act but it was not enforced until very recently there is a chance that we might actually get
00:34:06 something from this because i talk about this in the article that's a policy that's changed very
00:34:12 recently in the united states department of justice civil rights division it might be fun
00:34:16 to talk about how i got some of these stories i would really like to like taking large federal
00:34:22 data sets and then using some modified lm tools really more so from a cost perspective i think
00:34:29 you could theoretically do this if you're if you're just using one of the vanilla models
00:34:32 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 like fine really wait not even like i want you to look in this data set for this specific thing
00:34:43 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 lot more open-minded way to do journalism right i mean yeah but like dude i think a lot of the
00:34:55 stories will be right waiting because like it's not new information stuff that happened like five
00:35:00 years ago or more right most of these grants for the first story were issued in 2021 so you could
00:35:05 have recorded this in 2021 conservative media i mean like like it or not and of course like the
00:35:10 New York Times is biased and so on.
00:35:12 But I think the left-wing stories are kind of like actually get reported out.
00:35:17 I think that's the thing.
00:35:18 So I think even though I was not going into this with an angle of like, oh, I'm going
00:35:23 to just go out of my way to find stories that were interesting to the right, that may be
00:35:27 how it gets picked up anyway, because that's just the stories that haven't been reported
00:35:30 on yet.
00:35:32 Yeah, I agree.
00:35:33 But I really hope you can pick this up.
00:35:36 Let's see if I can make this a little bigger.
00:35:38 No.
00:35:38 Well, California's race-based NATO policy, yeah.
00:35:42 Yeah, wait, hold on.
00:35:43 I'm bringing it back.
00:35:44 Just give me a second here
00:35:44 because we don't typically get to show PDFs.
00:35:47 Anyway, I guess we can't zoom in.
00:35:49 Oh, well.
00:35:51 But yeah, so yeah, explain to this.
00:35:54 I can send you a website preview later
00:35:57 and you can have some higher quality graphics
00:36:00 if you want to edit those in.
00:36:02 By the way, I made it so that you can page through this
00:36:04 at your leisure on your own.
00:36:07 Yeah, there you go.
00:36:07 Can you go to the first page of that, Simone?
00:36:09 There's just three programs.
00:36:10 Wait, Malcolm wants you to go back to the first page of it.
00:36:13 So you didn't even read it.
00:36:14 You got to read it.
00:36:14 Programs for Black women birthing people could have Medicare funding cut off.
00:36:20 All right, now go to the next thing.
00:36:22 Yeah, so all these programs take federal Medicaid funding.
00:36:27 They're all also both facially against the text of the Civil Rights Act
00:36:31 and against the recent, you know, but historically it hasn't been enforced that way.
00:36:36 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 So there are some cases previously where Title VI agreements were used to either force,
00:36:58 essentially force states to open these programs up to all races, which is what happened in the
00:37:02 past, or to threaten to cut off Medicaid funding if that doesn't exist. 0.63
00:37:06 Yikes.
00:37:07 So there is a remedy legally, which is that the Department of Justice Civil Rights Division
00:37:12 can actually shut off Medicaid funding if they continue to racially discriminate.
00:37:16 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 And in both cases, the DOJ managed to get those programs basically opened up to all races.
00:37:31 But not the case now. No one has done this.
00:37:33 Yeah, I don't really know if they know about it. They have not yet responded to my request for comment.
00:37:39 Maybe they will by the time this is published, but as of recording, they have not.
00:37:43 so i don't know if they even know about this interesting maybe it's help right you guys get
00:37:50 more people to know about this know about so they're literally birthing to try to be a civil
00:37:56 rights violation so they're using medicaid money to try to increase the black birth rate like that's 0.83
00:38:02 that's why providing medical services only to in some cases only to black people in some cases only 0.65
00:38:08 to Black as well as American Indian, Alaska Native, Pacific Islanders.
00:38:13 So yeah, they're selectively providing medical services based on race.
00:38:16 And in this case, it's like basically like prenatal services. 1.00
00:38:20 And I think you even mentioned in the article from when I first read it that like one woman
00:38:25 reported just being turned away when she asked.
00:38:28 Yeah, so this is interesting, too.
00:38:30 This will be a super interesting case of whether we can have more private rights of action
00:38:34 based on discrimination, where historically this has been an enormous cash cow for a lot of the
00:38:41 kind of DEI NGOs, where, you know, they'll sue on behalf of minority groups, mostly
00:38:49 whether on behalf of people who are Black or on behalf of women. But really, you know,
00:38:54 the civil rights, the text of the Civil Rights Act, a lot of these suits in any direction.
00:38:58 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 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 And that stuff is kind of still in court right now.
00:39:32 We don't know where that's going. 0.66
00:39:34 Good for her, though.
00:39:37 I've been surprised in the past.
00:39:38 I think a lot of people actually experienced things like this in the past.
00:39:42 Or I remember going to Planned Parenthood once and being like, well, I'm interested in planning a family now.
00:39:49 Like, what should I do?
00:39:50 And they're like, we can't help you here.
00:39:51 We only do the other stuff.
00:39:53 And I was like, hold on.
00:39:54 That's not what I was told.
00:39:56 But I guess people just kind of, I think most people have weird experiences, but they don't report them.
00:40:01 They don't try to start a lawsuit.
00:40:04 So I don't, I mean, who knows how many people have encountered this.
00:40:07 It's really wild.
00:40:08 Something that's also kind of relevant to this.
00:40:10 I don't know if you saw this.
00:40:11 So this is already public.
00:40:13 This is not something that we are exclusively reporting.
00:40:16 But the Justice Department, I don't know if you guys saw this, published some information
00:40:21 about a case they have against Duke University.
00:40:24 And that has the amazing statistic that rejected white and Asian applicants have a higher average
00:40:31 SAT score than accepted black applicants. 0.90
00:40:35 Oh, yeah, we've seen that headline.
00:40:37 And I mean, I guess now it's just like, well, of course.
00:40:40 Everybody knows it now.
00:40:41 I mean, the leaf worked on racist against whites and Asians.
00:40:44 Yeah.
00:40:44 Ecology.
00:40:45 Yeah.
00:41:07 Yeah.
00:41:08 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 Yeah.
00:41:29 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 Like, there just really hasn't been much work coming out like this that I would have expected to get.
00:41:46 And all powered by AI, which is super, super cool, plus your brilliant mind.
00:41:50 then this additional layer of activism which i guess i mean do you primary expect to enact it by
00:41:56 asking people for comment and getting other people to do something or is there an additional branch
00:42:01 of what you're working on where you're actually going to push harder for like to deploy people
00:42:05 to take action on the information probably the most you know publication out there like the best
00:42:10 news that is fit to print you know and part of that is also the data presentation i think it's
00:42:15 like crazy thing for even like i was showing my friend the versell dashboard the other day this
00:42:21 is very very successful software company used for for fun and hosting for for a lot of sites
00:42:27 but really it's not just versell it's like every series a or b or later startup has better data
00:42:33 presentation than new york times it's a very common skill now it's a skill that i have and
00:42:37 i think that's reflected in this site where really there are a single digit number of like really
00:42:44 competent data presentation people in the mainstream press. Maybe the most famous is
00:42:48 John Byrne Murdoch from the Financial Times. He's like a household name
00:42:52 basically by, I don't want to be mean to John Byrne Murdoch, I think he does good work,
00:42:56 but basically has become a household name by publishing charts that are
00:43:00 about the same quality as a Series A or Series B startup. So there's
00:43:04 plenty of capability to have much better data presentation, actually.
00:43:09 And this is the other thing that I'm kind of frustrated by with
00:43:12 kind of new media companies is number one they don't break stories number two they don't really
00:43:17 go for a more like high quality publication a lot of them just end up looking like the new york post
00:43:24 and actually the new york post is an interesting example because they do break stories but they
00:43:28 also look like the new york post which is really unfortunate i really think that this is the the
00:43:36 crown in the gutter because right now is a complete change in the scope and possibility
00:43:44 of what kind of stories can be reported it would take a team of multiple people working for a year
00:43:51 to report the kinds of stories i'm reporting now so it's not an entire surprise that they've gone
00:43:56 unreported for a long time that's changing now it's a crown in the gutter and absolutely do it
00:44:01 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 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 Oh, yeah. You're going to give us so much episode fun.
00:44:21 ecosystem for a bit like you know we're in the fox girls or the media chat there's like
00:44:26 an entire you know new ecosystem that's popping up and you guys really i think you guys know more
00:44:33 about this than me so it'd be interesting to get your thoughts on it the vtuber ecosystem
00:44:39 play in that's what we do but the interesting thing about this new media ecosystem is it has
00:44:43 a few people who are sort of top of the funnel and find the stories first and and they're like
00:44:49 kirsha is an example of one of these she'll do the the app synthesis and then the story flows
00:44:55 down so if we have more people there then that's more for the rest of us right you know
00:45:00 is she like uh finding stories from scratch or is she kind of like serving as a bridge between like
00:45:08 no she thinks to be finding them from scratch so what she does is she goes and she'll like look
00:45:14 when somebody will be like oh x company was woke and then it was fixed and then she tries to go
00:45:19 into their public documentation and everything like that to see if they're actually not woke now
00:45:23 looking up the programs they're doing and stuff like that and that's that's an area of of research
00:45:29 that you could definitely use more reach is the crazy woke programs that companies are doing
00:45:35 that large companies are doing and shining a light on those because that's something that i think
00:45:39 people would find pretty interesting yeah so there was this story i like kind of got scooped on this
00:45:44 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 That's, of course, just the overt public statements.
00:46:00 That's like the branding, right?
00:46:02 It's not always reflecting the underlying stuff.
00:46:04 But that is actually pretty interesting.
00:46:06 Maybe you guys can put that graphic up as well.
00:46:09 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 I think the first grants appeared or like the first grants in this latest
00:46:41 expansion appeared.
00:46:43 Oh, from 20.
00:46:44 Yeah.
00:46:44 Well, 2016 was a five year anniversary.
00:46:47 Okay.
00:46:47 So this could have been reported for a long time.
00:46:50 It absolutely wasn't.
00:46:51 And it's this like crazy,
00:46:54 it's this crazy inefficient market.
00:46:56 A lot of people I've talked to leading up to this launch,
00:46:58 even a lot of people who already work in media are like shocked at this.
00:47:01 They're like, oh, well, why is it?
00:47:03 And why has no one done this yet?
00:47:05 And most of the time,
00:47:06 the answer is that people just don't want to put in the effort.
00:47:08 so that that's really going to change i guess like the interesting thing about new media
00:47:14 as well is like there's a convergence on the idea and this is especially true in the tech space
00:47:21 there's a convergence on the idea that like all you need to do is sort of reframe the discussion
00:47:26 from a different opinion right and i think that has been good you know i'll be actually you know
00:47:32 doing a lot of interviews with those tech podcast publications, you know, video, video shows as well.
00:47:40 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 they'll talk about the same stories reported from the New York times, but they'll talk about it in
00:47:48 a kind of like conservative or kind of libertarian pro-tech opinion angle. And, you know, maybe
00:47:54 that's better than nothing. I certainly think it's better than nothing, but I don't know. It seems
00:47:58 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 people are responsible like not that many people care and if you're looking at something like okay
00:48:12 so you're looking at a publication that has to stay alive and that depends on clicks or something
00:48:16 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 of attention and money by posting something stupid and culture worry and not actually substantive or 0.99
00:48:28 something about celebrities than they are 1.00
00:48:30 to post something.
00:48:32 I don't even think that's true. Really?
00:48:35 Yeah, I think you need to break
00:48:36 stories. I guess we need to have a judgment to break
00:48:38 stories, right? I mean, we'll see with the launch
00:48:40 but I think it will be quite a successful
00:48:42 launch. I mean, obviously,
00:48:44 I haven't been exposed to the actual
00:48:46 I haven't posted any of these stories
00:48:48 publicly yet, so it's like a big
00:48:50 question mark. Maybe you'll fail and there'll be a big
00:48:52 egg on my face.
00:48:54 But I think there is interest
00:48:56 in investigative stuff. I think that
00:48:58 if you are ahead of ahead of the curve and publish something that then becomes viral then becomes a
00:49:03 center of attention you do get credit for that but but people just don't do it maybe it's like
00:49:08 a cost benefit thing maybe they haven't fully priced in ai i'm not entirely sure but yeah it's
00:49:14 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 down to good visuals a lot of the stuff that ends up going viral that is more substantive
00:49:26 goes viral because there's some striking graph that people can share online like you have to
00:49:31 think about what is someone's motivation to share something online and malcolm's model for that has
00:49:35 always been well then this is going to reinforce someone's self-image for example like i'm the
00:49:42 person who shares stories about this or it just validates their self-image like family members
00:49:49 selling sending us information about studies that show that reading physical paper objects is
00:49:55 better for your brain or something right and they're like i told you so so you have to think
00:50:00 about why someone's going to be compelled to share your story and also how much that share on its own
00:50:07 is going to captivate audiences and if you have a really compelling visual then it is going to
00:50:11 captivate audiences like i've seen so much of the almond water versus data center water graphic
00:50:17 floating around recently yeah because it's just so like salient and easy and also for anyone who's
00:50:23 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 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 you're looking at the importance of really strong visuals if you can create visuals that people can 0.99
00:50:43 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 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 it is like the immediate truth nuke right yes something that that i want to obviously that's
00:50:58 not most of these stories most of these stories are kind of longer investigations using data from
00:51:03 a time frame of like five to ten periods but something else i want to do a lot more of is
00:51:08 like the immediate truth nuke one of these stories is kind of like this the data is actually kind of
00:51:12 old but i have this story on like the the ev dumping theory which knowledge was completely
00:51:19 fabricated by kind of like the auto lobby and by defense interest by like kind of like
00:51:24 wait what is this what is the ev dumping theory i'm gonna bring it up all sorts of these stories
00:51:30 that pop up that are just like clearly fabricated the one that i remember the best because i was
00:51:35 kind of like directly involved with this one the the 10 000 h100 story so there was this story
00:51:43 around the time when deep sea came out of course it's like wildly cheaper model than anything we
00:51:47 was published before. And a bunch of like defense industry types were like very enthusiastic about
00:51:54 promoting this H-100, 10,000 smuggled H-100s claim. And this claim was completely false.
00:52:01 The original source for this claim, I actually kind of respect that he did this, which is Dylan
00:52:06 from Semi-Analysis. He had kind of like a tweet, like, oh, there's 10,000 H-100s or something.
00:52:13 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 But I actually respect, I don't really blame Dylan for this.
00:52:34 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 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 Anyways, we now know that that absolutely did not happen.
00:52:54 This was just, like, fabricated by the defense industry.
00:52:58 So EVs are way, what, more environmentally friendly than?
00:53:03 No, so that was related to the DeepSea H100 stuff, which I was kind of, like, directly involved in.
00:53:08 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 this is a similar thing happening with evs right it's it's the same like fucking export control 0.54
00:53:18 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 like what were they trying to argue versus what's the reality i did like the to the average person
00:53:32 here they don't know the reality is that that deep seek made a number of algorithmic improvements
00:53:36 mostly that made their model a lot cheaper to train and run they were arguing that you know
00:53:40 there were all these smuggled h100s these smuggled like ai specific oh so they were saying they were
00:53:45 getting really good machinery okay it was this kind of like mild like conspiracy drained take
00:53:50 that like actually deep seek was trained on all of this hardware because there is no way that they
00:53:55 trained they trained their model on like limited hardware that they were legally allowed to
00:53:59 purchase but turns out that actually they they did train it on the legally purchased hardware
00:54:04 and that the model is just better.
00:54:06 And in fact, they've continued not just creating,
00:54:09 but publishing those model improvements,
00:54:11 those like algorithmic improvements to their models,
00:54:14 including the recent V4 Flash.
00:54:16 Okay, and the AV tariff thing.
00:54:19 No, that claim was false.
00:54:21 The more efficient models come from just better model designs
00:54:26 and don't come from all these secret H100s.
00:54:29 The secret H100s being that they pretended
00:54:32 that it was running on much more advanced software hardware than it actually was and it actually was
00:54:37 running on limited hardware is that what you're talking about was the ev story what what is what
00:54:41 is where you can see that there's this completely fabricated story about ev dumping so the ev
00:54:49 dumping theory this was promoted by like both the last two presidents all sorts of people from both
00:54:54 political parties i think kind of originated in a bunch of like u.s like auto trade associations
00:54:59 but the claim is that chinese ev exports are heavily subsidized you can go down the claim
00:55:05 to claim table here it's like massive subsidies you know propelled by subsidies all this stuff
00:55:10 would you like to play a similar game where we guess the number the total amount of the subsidy
00:55:17 right what is the total amount as a percentage of the total price what do you think a byd ev
00:55:25 This is like one of the most popular EV companies in China.
00:55:28 What amount of that price is subsidized?
00:55:31 What would you guess?
00:55:33 5%?
00:55:34 Don't imagine.
00:55:34 I mean, we have 100% import taxes in the US on EVs, so nothing.
00:55:40 Yeah, it's 127.5 now, and they're doing a different ban.
00:55:44 You have this super interesting, you know, maybe not interesting, but like funny thing.
00:55:49 They had to keep upgrading the tariffs because it kind of sounds crazy.
00:55:52 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 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 But if you're coming from manufacturing, that's fucking crazy. 0.82
00:56:09 That's how much of a difference in technology there is. 0.92
00:56:11 But the actual answer is around 1.2%.
00:56:14 Yeah, that makes sense.
00:56:15 So you can scroll down here.
00:56:16 It's this tiny section.
00:56:18 And if you even see it.
00:56:20 Like, yeah, exactly.
00:56:21 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 Tesla is, of course, the most efficient American company, which is around 2.3% of the total BYD price.
00:56:43 So even if you're, oh, it's 1.2% for direct subsidies.
00:56:46 And even if you're touting all of this, like, financing reform stuff that we could totally
00:56:51 implement in the US, that's, like, 2.3% of the total price.
00:56:55 So it is this, like, massive truth nuke where there's the story that was being passed around
00:57:00 all the time, this, like, cult about Chinese EVs of, like, oh, they're massively subsidized.
00:57:05 That's why we can't compete with them.
00:57:06 It turns out that's completely untrue.
00:57:08 Most of the, most of the savings are based on, like, supply chain integration.
00:57:12 And generally, there's some improvements compared to even Tesla, right?
00:57:16 Of course, the gap will be even bigger than this for the non-Tesla.
00:57:20 But also necessity.
00:57:21 You're not going to sell an EV in China if the vast majority of people can't afford it.
00:57:26 It's for a market that has, I would argue, much narrower carbons.
00:57:29 This is a comparison of Chinese prices.
00:57:32 So this is a Tesla.
00:57:33 Really?
00:57:34 Oh, my gosh.
00:57:36 That's even crazier than I thought then.
00:57:37 Okay.
00:57:38 yeah so china is currently like significant or sorry tesla is currently significantly losing
00:57:43 market share in china there was this interesting rumor recently that that tesla would sell off its
00:57:49 china china section for for basically political reasons elon said this wasn't true it was
00:57:56 interesting because when i originally saw that story i thought oh this is like coke right this
00:58:01 is going to be like tesla's going to sell off their their chinese section and they're going to
00:58:05 say it was because of politics but really it's because they're not not really making money off
00:58:08 that and they're being out competed and this is just like the code but elon said that's not true
00:58:12 so so so apparently apparently it's fake news that is well interesting stuff thanks for finding this
00:58:19 this is going to be so great for i mean i think the other thing that really gives you good
00:58:23 tailwinds for this venture is that there is this growing ecosystem of streamers who instead of
00:58:29 playing games is turning to new stories and any good salacious truth nukes you'll be delivering
00:58:35 them so that is it's very favorable congratulations brian and everyone check out effort.news because
00:58:42 i mean i don't know what's the frequency of publication you're aiming for here
00:58:46 effort.news brian chow 57 on twitter frequency of publication it will vary a lot more
00:58:54 probably one to three times per week and a lot of people can be based off of the initial weight
00:59:01 of hiring i'm interviewing several people for the publication both this week and next week
00:59:07 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 it to the only publication rate but as of now at least once per week probably closer to three times
00:59:18 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 per day or like multiple per day that is so cool congratulations brian and yeah i'm super excited
00:59:28 to see what you guys turn out so thank you for thank you for giving us some like basically launch
00:59:34 day details and we will be watching this very closely going forward yeah you can you can put
00:59:40 the base camp exclusives on the titles even though we'll be doing a bunch of other streams on the
00:59:45 launch day but i this was super fun i'm glad you enjoyed the story about about the catholics
00:59:50 always
00:59:51 and a large number of other
00:59:55 religious charities, religious
00:59:56 organizations. Yeah, it was super
00:59:59 fun. Thanks for having me on.
01:00:01 Thank you, Brian. Yeah.
01:00:02 All right. Well,
01:00:04 Godspeed, sir. You're doing very important
01:00:07 work. All right.
01:00:09 Show me.
01:00:12 What's going on here?
01:00:15 Tell me.
01:00:16 Well, who's what down here? What's going on?
01:00:18 The first side of my army land and that's the giant boat.
01:00:25 What does a giant boat do?
01:00:27 A giant boat uses with that armor to cast stock.
01:00:34 Can you show me how?
01:00:35 Yeah, but you want to take a picture of me too.
01:00:39 Of course.
01:00:40 I promise. 1.00
01:00:41 I'm like you mommy, now it's time to take a dancer on me. 1.00
01:00:48 Give me your best pose then. 1.00
01:00:51 That's your pose?
01:00:54 I like it.