Human Events Daily with Jack Posobiec - March 16, 2023


EPISODE 420： THE SILICON VALLEY CONTAGION IS SPREADING WITH RICHARD BARIS

Topics
contagion spreading
Hosted by
Jack Posobiec
Mentioned
Rich Barris Gary Franchi Richard Bookstaber Kevin O'Leary Biden Rich Barack Obama Bailout Turning Point USA George W. Bush Anno Domini Janet Yellen Robert Higgs LGBTQIPSSAIL Bloomberg Goldstein Solyndra Andrew Getter Trump
EPISODE 419： EXCLUSIVE INTERVIEW WITH JAMES O’KEEFE EPISODE 421： CONGRESS REVEALS $3 MILLION TRANSFER FROM CCP TO BIDEN FAMILY

Episode Stats


Length

26 minutes

Words per minute

188.0

Word count

4,988

Sentence count

351

Harmful content

Toxicity

4

sentences flagged

Hate speech

1

sentences flagged


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

The People s Pundit, Richard Barris, joins us to talk about the latest in the Silicon Valley contagion, and what it means for the rest of the financial sector. We also hear from Andrew Yang, CEO of JP Morgan Chase, and Jack Dorsey, CEO at Goldman Sachs.

Transcript

Transcript generated with Whisper (turbo).
Toxicity classifications generated with s-nlp/roberta_toxicity_classifier .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
Topics generated with Qwen2.5-3B-Instruct.
Hosts, guests, and mentioned names generated with spaCy (en_core_web_sm), reconciled against Wikidata.
00:00:00.000 Well, ladies and gentlemen, welcome aboard. Today's edition of Human Events Daily powered by Turning Point USA. Today is March 16th, 2023. Anno Dominate. We've got a massive show today because, folks, the Silicon Valley contagion is spreading exactly as we knew and told you that it was going to. We've got with us here Richard Barris, the People's Pundit. But first, I want to show you a clip of what is happening out there. Let's get into it.
00:00:27.520 I want to take a second to remind you to sign up for the Poso Daily Brief. It is completely free. It'll be one email that's sent to you every day. You can stop the endless scrolling, trying to find out what's going on in your world. We will have this delivered directly to you totally for free. Go to humanevents.com slash Poso. Sign up today. It's called the Poso Daily Brief. Read what I read for show prep. You will not regret it. Humanevents.com slash Poso. Totally free. The Poso Daily Brief.
00:00:57.520 Wow. Thank you so much.
00:01:06.520 Wow. How do I follow that? I am absolutely devastated, amazed, enthralled, totally unexpected, but most of all humbled.
00:01:17.040 Humbled because there's so many amazing people here that I know have made such a difference between LGBTQIPSSAIL.
00:01:24.520 So many identities. And I know that everyone here is making such a difference to make the world a more inclusive place.
00:01:33.020 Thank you so much. I guess who I'd like to nominate this to is to my lovely wife, to my lovely children, to my lovely Credit Suisse ally working group.
00:01:41.080 Before I talk about the central bank stepping in with this $54 billion lifeline, let's mention the Saudi National Bank, because the SNB, the Saudi National Bank, is an anchor investor now in Credit Suisse and bought into the bank as part of last year's major restructuring announcement.
00:02:03.840 I think that the banking sector worldwide is going to be under some pressure until there is some clarity with regards to liquidity concerns and in Europe with regards to both counterparty risk in these large banks and net interest rate margin.
00:02:20.700 And one of the things that's happening in the European banks, and I was in Europe all last week, is that the net interest margins that the European banks earn on deposits is shrinking.
00:02:30.460 Bloomberg is reporting that First Republic Bank, ticker FRC, is said to weigh options, including a sale.
00:02:37.980 Stocks up 10 percent after hours, but it fell big time again today.
00:02:41.380 I don't I don't know if this is anybody a surprise to anybody, Andrew, but but you wonder, well, if it's true, will they find them?
00:02:47.220 To be honest with you, this was exactly what I was just talking about, which is we're going to be seeing First Republic, I think, either in a merger situation or a major kind of capital raise situation in the next week or two.
00:03:01.120 I'm actually surprised that unlike what we saw in 2008 behind the scenes, that we are not having government officials literally press on banks like First First First Republic Bank and some of the others that appear at least have there's even any uncertainty about them to get their houses in order and get their houses in order almost immediately.
00:03:21.100 Look, you hear them out there. The contagion is spreading, ladies and gentlemen, and we don't know yet what the Biden administration or anyone is planning to do to fix this, because apparently groups like Credit Suisse and some of these other ones are putting wokeness and putting all of these insane ideas at the start of their business at the front of their business instead of actually paying attention to how to run a bank.
00:03:47.580 Well, somebody who's going to come in, who's been very, very vocal about this, folks, we've got Richard Barris here, the people's parrot, the people's pundit, excuse me, the people's parrot, that could be your new thing, man.
00:03:57.580 People's pundit, Richard Barris, tell us what's actually going on right now on the street.
00:04:03.500 Yeah, just to let you know, I mean, it could be the parrot, because that's what I try to do, which is just give a voice to people who don't have one in the media, Jack.
00:04:10.880 You know, I listen with my job and I try to relay what I think most Americans are thinking.
00:04:16.140 But, you know, I think what's going on now, even overnight with the Fed reassuring people that there'll be about two trillion in liquidity loans or loans for liquidity, you know, the fundamental problem is still there.
00:04:28.860 And just so people put this in context, we did not have back-to-back bank failures like this, where you have SVB, Silicon Valley Bank, which was the second largest bank failure by asset in American history.
00:04:43.260 It's the 16 largest, but the second biggest bank failure.
00:04:46.400 And then two days later, the third biggest failure.
00:04:49.280 Even during the Great Recession, we weren't seeing, you know, basically concerns that led to this.
00:04:57.160 And there's a reason for that.
00:04:58.340 And at the core of it, Jack, is we've had this mindset in corporate America and in government now for a while.
00:05:05.040 And it really does.
00:05:06.760 It prioritizes box checking over competence.
00:05:09.760 It prioritizes, you know, fanaticism over realism.
00:05:13.160 And that you want the world to be a certain way.
00:05:15.840 But at the end of the day, you still will have to, you know, be held or be subject to those rules.
00:05:22.240 This system doesn't have anybody taking responsibility.
00:05:25.160 So we keep seeing these mistakes over and over again.
00:05:28.300 And it really is.
00:05:29.380 And Richard Bookstaber called it.
00:05:31.020 It really is a demon of our own design.
00:05:33.160 But, you know, I think the woke stuff is one separate conversation that the media wants to kind of joke about.
00:05:38.680 But then there's the other very serious conversation, which is that this came from inflation.
00:05:44.540 If people have to understand how inflation wreaked havoc on the bond market and treasuries, which everybody thinks is a safe haven, has not been a safe haven for equity.
00:05:54.580 Equities markets when they're in volatile and other markets are volatile.
00:05:58.300 Investors, institutions, they all run to the safety of treasuries.
00:06:02.220 And with SVG and others, they could not do that because they bought them at a different value.
00:06:07.920 And when they went to go sell them, they were greatly devalued because of inflation.
00:06:12.080 And it just wasn't enough to meet their obligations when people were taking out withdrawals.
00:06:16.700 So this is this problem is not over.
00:06:19.140 This is indicative of a very, very serious problem.
00:06:21.680 And, you know, there's two parts to it.
00:06:23.560 There's the monetary policy, the fiscal policy, Jack.
00:06:26.040 And then there's the culture in all of this.
00:06:28.680 And that's what everybody wants to kind of joke and sweep under the rug.
00:06:31.720 But, you know, basically, you know, the circus is in charge, Jack.
00:06:35.600 There's no adults in the room.
00:06:37.840 And it's everybody wanting to, you know, see the world the way they want it to be instead of how it is.
00:06:43.780 So, you know, in a nutshell, you know, where does this end?
00:06:48.880 You know, I think, sadly, the media is probably going to try to just like, you know, hand and mouth this one where they're not going to want it.
00:06:57.900 There was a fact check in The New York Times.
00:06:59.660 Let me back up for a second.
00:07:00.580 There was a fact check in The New York Times today, which I wrote about on my locals page,
00:07:04.540 because they did acknowledge issues with the bond market and some role that that played in the fall, you know, of SVB and others that came after them.
00:07:14.220 But what they didn't want to do was talk about this greater issue of wokeism in corporate America.
00:07:19.840 They simply wanted you to think in a very narrow lens about whether or not specific individual loans that SVB made to environmental projects, community project.
00:07:31.220 Those are the term they use.
00:07:33.020 We're not solvent.
00:07:34.620 We're not good bets, basically.
00:07:36.560 And they run to experts.
00:07:37.700 They got Professor Goldstein at the University of Pennsylvania in the Wharton School.
00:07:41.900 And he basically said, well, that's not right.
00:07:44.120 There's no evidence of this.
00:07:45.480 And it's really a word salad, because on one hand, he's saying he's making a definitive, authoritative statement.
00:07:53.020 No, this didn't play a role.
00:07:54.700 They didn't make bad bets because of their ideology.
00:07:57.400 And in the second sentence, immediately to follow, it was basically, I'm saying this and you should believe me.
00:08:04.980 However, we just don't have any evidence of it yet.
00:08:07.960 So the truth is, we don't know about all of their individual investments right now and how sound they were.
00:08:13.920 What we know is that rumors kill on Wall Street, especially when they're true.
00:08:18.080 And they had issues beneath the surface.
00:08:20.860 And those bonds, unfortunately for them, were just not valued at the same rate, Jack, that they expected them to be when they bought them for security.
00:08:27.660 And this will be a problem, not just for SVB, not just from Signature Bank.
00:08:32.500 And as far as this issue of responsibility, Signature's a great example.
00:08:36.480 Barney Frank sat on the board of directors for a reason.
00:08:39.620 That is a signal to the rest of Wall Street.
00:08:42.140 And that's a signal to other people that you want backing your business that we have Mr. Bailout on our board of directors.
00:08:49.220 Don't worry if anything bad happens to us.
00:08:52.100 Barney Frank is the guy who knows how to handle it.
00:08:54.860 Remember him from TARP.
00:08:56.020 So that's the message they're sending when they put these people, you know, in the loop.
00:09:01.080 And we're all just playing musical chairs with the same characters who did it last time.
00:09:04.180 All right.
00:09:04.340 We'll be right back.
00:09:05.220 Next segment here.
00:09:06.240 Richard Barris.
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00:10:19.060 All right, ladies and gentlemen, back here.
00:10:20.500 Human Events Daily with the people's pundit, Richard Barris.
00:10:23.560 Now, Richard, there was a piece in the New York Times that came out today.
00:10:27.400 You responded to this.
00:10:28.860 They said it was a fact check.
00:10:30.260 They were going to fact check you to say that it's actually not wokeness.
00:10:33.740 Fact check all of us that say it's not wokeness that played a role in the demise of SVB.
00:10:40.080 And I also, by the way, wanted to point out that there are people who say, well, the conservatives, they talk about wokeness, but they can't define it.
00:10:47.700 They won't explain what it is.
00:10:48.640 I'll explain it very quickly.
00:10:50.340 Wokeness is, at its heart, a conspiracy theory.
00:10:54.260 It is a conspiracy theory that disparate impact, disparate outcomes in society, in the world, are the result of racism, bigotry, and oppression.
00:11:07.480 That these are the only factors and the most, what we call, of course, systemic factors that lead to disparate outcomes.
00:11:16.060 And people who believe in wokeness, they're actually woke truthers, will then turn to try to shape society through money, through advancement, through the handing of titles and awards to people based on their identities, whatever they identify as that day of the week or that time of day.
00:11:35.980 Maybe depending on what weather it is out, that that's how they try to shape reality rather than understanding reality for what it is.
00:11:44.540 But Rich, let me get into your piece because the New York Times says that, no, no, no, that's not what's going on at all.
00:11:50.380 Yeah, and they want you to think, and I started to touch on this, but let me explain this a little bit more detail.
00:11:54.980 They want you to think that if you blame or you're one of the people like us who are criticizing wokeism or wokeness for these failures, what they want you to focus on is whether or not they issued bad loans to bad investments.
00:12:09.460 Or, you know, they made bad bets in environmental groups and community projects that are going out on these crusades, Jack, because they believe exactly what you just, you articulated it perfectly.
00:12:20.620 But it really is more than that. And by the way, we don't know the answer to that, which in their fact check, again, they ran to Professor Goldstein at the University of Pennsylvania and he was happy to play a word salad for them.
00:12:32.700 But what he said is there's no evidence yet of any bad loans or any bad bets like that.
00:12:39.080 He he made a definitive statement without really without with acknowledging that he doesn't know that yet.
00:12:45.100 He doesn't have all of the facts. But my point is a bigger point that it's this mindset that has led to the bad policy that created these current calamitous conditions that made it just perfectly right for bank failures.
00:12:58.500 This is what leads to inflation. When you have this mindset, Jack, then you really think that you could print money hand over fist, increase the supply of money in the system and not have inflation as a consequence.
00:13:10.020 You can continue to spend ridiculous amounts of money on a pandemic that is now endemic stuff, all of your ideological goodies into that bill, trillions of dollars.
00:13:19.980 We don't have debt through the roof and it doesn't have inflation consequences and on and on and on.
00:13:26.300 And what I'm saying is you're really have two different arguments. One, we're going to find out in the future and we're going to know for sure whether they were, you know, putting bad, you know, chasing bad ideas with good money.
00:13:37.160 Like Barack Obama did with Solyndra and other projects all throughout his administration. We're going to find that out. But that's not the core of it anyway.
00:13:45.240 The core is they trade box checking for competence. You know, they trade these these fantasies for reality.
00:13:54.420 And this is obviously going to have a consequence. It's the same reason why Congress thinks they can continue to spend.
00:14:01.460 You know, the Fed thinks that they can continue to print money and that they don't have to raise interest rates and somehow inflation is going to come down all by itself.
00:14:08.480 They live in a fantasy world. And then they created these conditions for these failures.
00:14:12.880 But what I want to ask you as well, because I caught your show on on Monday, you were on fire.
00:14:19.560 I actually thought that you were going to grab a guitar and start stabbing those amplifiers behind you.
00:14:24.520 You were so fired up on Monday because it was the sense that we were hearing the same exact refrain over and over that we have to bail these out.
00:14:34.060 We have to bail out the system. It's like George W. Bush coming out and saying we've got to abandon free market principles to save the free market system.
00:14:42.200 No, what you've done is create a zombie market. You've created a zombie market with zombie companies that are being artificially kept alive through these bailouts again and again.
00:14:55.620 And these financial instruments, the people, the American people, by the way, are always going to have to foot the bill on this.
00:15:01.020 But it doesn't matter because if you're the one sitting next to the money printer, you're the one who's being taken care of.
00:15:07.420 Jack, they're taking away consequences from the system.
00:15:10.720 Consequences, when we lose, right, when we make a bad bet or we lose or we fail at something, hopefully, you know, we looked at, you know, into ourselves and, you know, whether you're individually or you're running a company and you try to better yourself from that failure.
00:15:25.680 When you take away those consequences, you're taking away incentive to do the right thing.
00:15:30.660 You're taking away your fiduciary responsibility to the shareholders that you have in that company.
00:15:36.440 I mean, you're basically telling people they can continue to make the same mistake over and over again because it doesn't matter.
00:15:42.840 We're we're forever going to protect you. But here's the here's the real kicker with that.
00:15:47.220 That's only for them. For the rest of us, we have to deal with the consequences of their actions while they're insulated from them.
00:15:55.480 The raising of the FDIC insurance from one hundred thousand to two hundred and fifty because of the Great Recession was supposed to protect the little guy, not Mitt Romney's friends.
00:16:04.840 And what they're doing are taking the premiums.
00:16:06.760 Essentially, what is taking a premium for that insurance that was meant to protect you, your money market account or maybe a small business you have so you can make payroll?
00:16:15.600 That's what that was supposed to protect. And they're giving it to the big guys to make sure that they you know, that they're going to come out of this thing on the other end.
00:16:23.700 And again, what happens with this? We just see the reshuffling of the deck.
00:16:28.340 Barney Frank never faced any responsibility for what he did in his role in the financial crisis in 07 and 08.
00:16:35.780 Well, guess where he was when all of this happened? Signature bank.
00:16:39.100 And again, one more time, folks, he's on the board, not because he's an expert.
00:16:43.300 He's on the board as a signal to other people that we have Mr. Bailout.
00:16:47.400 He has the connections. He has the relationships.
00:16:50.060 We're a safe bet because we got Barney Frank and he's going to get us bailed out if we need it.
00:16:54.660 That's what they're telling. And everyone gets that bailout, Jack, except for you and I and the rest of middle America.
00:17:00.900 Well, and it's it's the perfect thing. And then, of course, the politicians will come out and you hear this from the right.
00:17:05.360 We have a break coming up, but I want to get into this afterwards, because conservative politicians will even try to defend this by saying, oh, we're upholding the system.
00:17:14.220 We're keeping the system going. But then when the American people come up to them and say, excuse me, we've got a problem because I can't drink the water in my town because you poured hazardous chemicals in it.
00:17:25.260 Or you say, hey, I've got this crippling debt from from this area, that area.
00:17:30.000 They say, oh, no, you need to learn fiscal responsibility.
00:17:32.260 Well, how are you going to say fiscal responsibility to the American people when they see what's going on for them and their buddies from K Street to Wall Street?
00:17:41.580 Stay right tuned. Human Events Daily. Come back.
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00:19:11.460 And we're back here.
00:19:15.440 Jack Posobiec, Human Events Daily.
00:19:16.840 We've got Richard Barris from the People's Fund.
00:19:19.180 Richard, why is it that conservatives and some of these establishment conservative types will sit up there and say it's OK for our friends to get a bailout, but not you, not the American people, not the families, not the homeowners, not you guys.
00:19:36.280 You guys are all going to go underwater because, you know, by the way, this is coming to the housing market next.
00:19:40.480 I'm sorry, but it's just very obvious that the housing market after Silicon Valley, look, when you have an interest rate hike, you can see this throughout history, zero hedge.
00:19:48.580 And everyone said this is not, you know, like a Jack Posobiec is.
00:19:51.220 I'm not trying to take credit for it.
00:19:52.460 But every time you have an interest rate hike, something blows up.
00:19:56.460 And you know what usually blows up first?
00:19:57.740 The thing that the fakest out there, the biggest bubbles are the ones that blow up first.
00:20:02.540 This was something that President Trump talked about in the debates in 2016 when he was targeting who?
00:20:07.440 Janet Yellen, because he said the Fed is playing politics.
00:20:11.080 They're doing this to prop up her candidacy.
00:20:13.700 They're doing it to prop up Barack Obama.
00:20:15.360 We saw what happened.
00:20:16.640 So, yeah, Silicon Valley is going to go first.
00:20:18.800 But, you know, what's next is housing.
00:20:20.640 But but, Rich, what I want to ask you, because you do so much work in in the public opinion sector, why is it then that the American people turn away from these establishment types like a Mitt Romney, like a Paul Ryan when they see what's going on for their buddies?
00:20:36.680 But then they turn around and told, no, but you have to be fiscally responsible.
00:20:41.300 Yeah, hypocrisy.
00:20:42.600 It makes them look inauthentic. 0.99
00:20:44.160 It makes them look corrupt.
00:20:45.180 And they just have this deep distrust.
00:20:47.160 These are people who looked into the camera on Fox News and other shows and claimed, Jack, you know, they were against TARP.
00:20:54.800 That was the wrong thing to do.
00:20:56.240 Or even if they were for it at the time, never again.
00:20:59.280 Right.
00:21:00.000 You know, and by the way, they'll preach to you about paying back your student loans or they'll preach to you about credit card debt.
00:21:06.060 But again, they never have these, you know, the American people just look at them and say, because they don't bear this responsibility, they just look at them and say, how dare you?
00:21:14.560 You know, like, who are you when you have to walk in my shoes?
00:21:18.320 Then you can you can lecture me over it.
00:21:21.080 But, you know, the bottom line is it just makes them look inauthentic.
00:21:25.040 You know, they're just politicians have an authenticity problem with the American people.
00:21:29.260 Very few have been able in the last 10, 20 years to make Americans feel like they truly understand their issues, understand their problems and understand whether or not they care about them.
00:21:40.140 You know, we're getting into the silly season.
00:21:42.080 And unfortunately, we're just going to see a lot of shilling people are, you know, that will tell you two years ago, four years ago, 10 years ago.
00:21:49.060 You know, that TARP was the worst thing, you know, the domestically the Congress ever did.
00:21:54.480 And yet, you know, simply because their preferred candidate may benefit from it, they have a different point of view.
00:22:00.220 We have to stop all that.
00:22:01.660 We really do. 0.95
00:22:02.480 Silly season or no silly season. 0.74
00:22:04.120 When it comes to the economy, we have to be much more consistent than that. 0.78
00:22:07.700 And Americans, I think you're right, because.
00:22:09.900 If we keep doing this and we keep even the word TARP, right, temporary assistance, temporary, it's temporary, it's all temporary, it's always temporary.
00:22:18.660 Yeah, but it's if it's temporary every time, then that's not temporary, that's permanent.
00:22:23.480 You've created a new system there.
00:22:25.520 Kevin O'Leary from from Shark Tank, of all places, he came out and he said, Biden just nationalized the banking system.
00:22:30.780 He just came out and essentially said that every deposit unlimited is protected by the federal government.
00:22:36.700 Any bank goes under, it's not going to go under.
00:22:38.680 They might ship the, you know, they might ship the decks around.
00:22:41.340 But now suddenly everything's out there.
00:22:42.880 What does that do to your system when you've got people now saying that everything is going to be backstopped by the federal government, which is still the taxpayer at the end of the day?
00:22:51.660 At some point, are we ever going to actually pump the brakes on this?
00:22:56.480 Yeah, that's like Robert Higgs, you know, the crisis and Leviathan.
00:23:00.580 I mean, he nailed it with that.
00:23:01.820 Everything's temporary.
00:23:03.340 And the goal is really, of course, it's not.
00:23:05.860 They just they sell it like that to you.
00:23:08.680 And then at the end of the day, I think Kevin's right.
00:23:12.020 This was, you know, always the goal was the goal in in 08 through 2010.
00:23:18.140 No, I just got, you know, somebody pumped the brakes for for a decade or so.
00:23:22.320 You can't move that quick with that kind of change.
00:23:24.600 Jack, you know that you got to inch into it.
00:23:26.840 There's a major problem with that, though.
00:23:28.900 There's just not enough money for that.
00:23:30.380 There isn't if one if we were still enjoying the peace dividend had a surplus, you know, did not have 30 trillion in debt, then maybe that would be viable.
00:23:41.640 But because we're in such a terrible position, again, people really need to understand the corner that the Fed has packed themselves in here.
00:23:49.700 So looking at the federal government to save the financial industry is not a great bet because the Fed is a one trick pony when it comes to rampant inflation.
00:23:59.160 And, you know, they'll make Americans suffer for a while to help their friends in the bank, Jack, because that's the Fed's choice right now.
00:24:06.680 Continue to try to combat inflation or risk bank failures with your friends and putting your friends in a bad spot, which then you'll have to argue again.
00:24:13.720 You'll need to bail out, which they will.
00:24:16.880 But the problem with that is Americans are used to a certain lifestyle, so they can only keep that up for so long. 0.95
00:24:24.260 Jack, they're not going to pay, you know, $20 for a carton of eggs forever without serious problems or without serious grievances.
00:24:32.060 And things will get ugly.
00:24:33.640 So, you know, I understand Kevin's concern.
00:24:36.700 I actually think that is the goal.
00:24:38.540 However, it's not a feasible one.
00:24:40.760 It's not sustainable.
00:24:41.480 It's about as sustainable as the rest of this whole entire house of cards was.
00:24:46.000 You know, you knock one over, it all comes tumbling down.
00:24:48.660 The U.S. government is not in a position that it was even 10 years ago, let alone 20 years ago.
00:24:56.040 You know, we're not solving ourselves, you know, to go in and look the bailout banks.
00:25:01.160 We've got about a minute left, but I just have to say it.
00:25:04.160 You know what happens when governments start to become unstable, when they start printing money like crazy.
00:25:10.480 You know what governments start doing?
00:25:11.920 They start becoming desperate.
00:25:13.500 And that is when you get into provocations.
00:25:17.020 That's when you start doing things out of desperation.
00:25:20.140 Wars start after situations like this.
00:25:23.360 We saw it in the 1930s.
00:25:25.040 We saw it again in the Cold War a number of times where it almost flared up.
00:25:28.900 And now we see what's going on with Ukraine, with China.
00:25:31.600 I think there's a lot of people now looking at this situation saying, hold on a second, because they're looking at that as a way to increase the production, increase spending.
00:25:41.680 But actually, it's something we're not going to be able to afford it.
00:25:44.720 And it's going to tear this country apart.
00:25:46.320 Rich, where can people go to follow you, to pay attention to your work and watch your show?
00:25:49.380 Yeah, the best place to go, Jack, is Locals, peoplespundent.locals.com.
00:25:55.080 But we're peoplespundent on YouTube, or peoplespundent on Rumble, and peoplespundent on Getter.
00:26:00.580 But again, the central hub is Locals, peoplespundent.locals.com.
00:26:04.460 People can follow there.
00:26:05.780 The article I just put up about this and then also the polling that we do, you know, everyone can follow along and learn all about it on Locals.
00:26:14.500 Folks, you've got to go follow Rich.
00:26:17.860 Rich, you've got to get a parrot, by the way.
00:26:19.480 That's going to be your new mascot for the website, apparently, the People's Parrot with Richard Parris.
00:26:25.120 Folks, ladies and gentlemen, thank you so much for joining us here today, Human Events Daily.
00:26:28.800 As always, ladies and gentlemen, you have my permission to lay ashore.