Real Coffee with Scott Adams - Episode 1631 Scott Adams： Lots of Spicy Takes on the News Today. You'll Love it

00:00:00.000 Good morning, ladies and gentlemen, and welcome to the best damn thing that's ever going to happen

00:00:08.340 to you in your whole life. Until tomorrow. It's called Coffee with Scott Adams. It's an

00:00:13.700 international phenomenon. It's changing the world every day in big and small ways, and

00:00:18.820 aren't you happy you're part of it? Yeah, of course you are. And if you'd like to take it

00:00:25.860 up to the ultimate level, and I know that's the kind of people you are, if you don't mind me

00:00:31.900 saying, I do notice that my live stream audience is smarter and sexier than other people. It'd be

00:00:39.560 great if you don't brag about that in front of the others. That's just something we keep to

00:00:44.220 ourselves, okay? But if you want to take it up another level to get your sexiness to the maximum

00:00:50.120 potential, all you need is a cup or mug or a glass, a tank or a chalice or a canteen, a jug or a flask

00:00:54.380 vessel of any kind. Fill it with your favorite beverage. I like coffee. And join me now for

00:01:01.860 the unparalleled pleasure. The dopamine here today thing makes everything better. It's got the

00:01:06.300 simultaneous sip. You can hear the echo in my coffee cup. Go.

00:01:09.860 Well, like I say, there are some days when there's just nothing you can do with the headlines.

00:01:26.940 They're just not serving up anything that you can work with. But that's not today. Well, let me tell

00:01:33.620 you, today is headline goodness. We get all kinds of good shit. Let's start with Arnold Schwarzenegger

00:01:40.100 in a four-car crash. He's fine. There was a woman who had some cut on her head, but I think she'll be

00:01:49.320 fine. So no serious injuries, but I have to connect these two stories. I just have to.

00:01:57.340 Arnold Schwarzenegger, as you might know, he's very proactive in climate change. And so he says he

00:02:09.160 wants the world to do a lot more to fight climate change. In unrelated news, Schwarzenegger's SUV

00:02:16.760 crushed a Toyota Prius yesterday. I'm not making that up. I'm not making that up. He's one of the

00:02:27.280 biggest advocates for climate change. And his SUV crushed a Toyota Prius yesterday. Now, it was a

00:02:35.820 multi-car crash, but there's actually a photo of his SUV on a Prius. Seriously, could that be any

00:02:46.860 better? Could it be any better? Chandler Bacon. Now, what have I told you about how to know you have

00:02:57.400 something you can work with to write a joke? The way humorists know they can write a joke about a topic

00:03:04.240 is if it's funny without the joke. I don't have to add anything to this, right? I literally just

00:03:13.020 described it. And I didn't, I didn't, there was no hyperbole, no exaggeration. I literally just

00:03:17.540 described it. There's nothing you could add to it. It's like a complete, the simulation has provided

00:03:22.940 us with a joke. And there you go. Well, that was awesome. My favorite thing about Biden lately is how

00:03:31.680 he keeps dissing Kamala. First of all, saying that she was doing a good job. I talked about this before.

00:03:38.980 You do not want to hear your boss say in public you did a good job. Great, perhaps? Terrific. That'd

00:03:47.580 be great. How about awesome? That's the sort of thing you want to hear your boss say. But good?

00:03:55.260 Do you know what kind of a raise you get in corporate America if your performance is rated as good?

00:04:00.080 For those of you who don't have corporate experience, those of you who do, please inform the

00:04:08.560 others what kind of raise you get if your performance is good. Zero. Yeah, zero. Because you're supposed

00:04:18.520 to be good. That's just meeting expectations, right? Or barely. They need you to perform better

00:04:25.640 than that if you want to get a raise. So that's pretty bad. But I think he topped it today.

00:04:31.660 So he appeared with Kamala Harris at an event. And here's what Biden said. He said,

00:04:36.320 Hi, Kamala. I love you. Biden said as he opened his remarks, quote, you always have my back.

00:04:43.460 You're really amazing. You're the best partner I could imagine. Now, correct me if I'm wrong.

00:04:50.640 But is he talking about her like a lover or a vice president? I'm going to read it again.

00:04:59.880 Is it a lover or a vice president? Hi, Kamala. I love you. You always have my back. You're really

00:05:08.620 amazing. You're the best partner I could imagine. That's not really about being vice president,

00:05:15.600 is it? Something tells me he's fantasizing that he's in a relationship with her or something. But

00:05:24.140 I think that's a pretty good giveaway that her role is not about her vice president competency.

00:05:31.920 Can we rule that out? It does seem to be just a personal relationship of some creepy nature.

00:05:37.920 I think this is the creepiest president-vice president combo. Can anybody top it? What is

00:05:47.980 the creepiest combination of president and vice president we've ever seen? It's definitely

00:05:53.960 the creepiest. Did he really say this? Or are you making a joke? He actually said this. I

00:06:01.660 swear to God that I copied and pasted the actual quote. I'm not making that up. See, I think

00:06:07.160 that's going to be the theme today. The theme of today's show is, I'm not making that up. I'm

00:06:13.280 giving it to you exactly as it happened. That's all I need today. All right. Biden's approval.

00:06:22.840 The AP poll said only 28% of Americans say they want Biden to run for re-election and only 48%

00:06:31.260 of Democrats. The funniest thing about this is I've never seen any president fail this hard.

00:06:39.220 But Democrats still need to sort of support him. Now, I'm sure the left felt the same way

00:06:45.400 about Trump supporters. There had to be some point where they said, are you still supporting

00:06:49.380 this guy? So, you know, some of it's just team play. But Trump never had these ratings.

00:06:54.640 Trump never had this kind of unpopularity or anything close to it.

00:07:01.080 Sonoma County is reporting that they've tracked their overdoses and their suicides for the pandemic

00:07:08.300 period. And here's the result. That for 2020 and 2019, there was an increase in overdoses. You

00:07:15.680 already knew that, fentanyl mostly. So everywhere there was an increase in overdoses. And then,

00:07:21.080 but there was a decline in suicides. So they said suicides actually went down during the pandemic

00:07:27.860 and drug overdoses went up. Do you see any problems with those statistics? Does anything

00:07:36.300 jump out at you as a little bit of a problem with those numbers, maybe? Here's the problem.

00:07:44.300 How do you distinguish between an overdose and a suicide?

00:07:47.040 Let me tell you something that I know, because I've lived longer than some of you, all right?

00:07:54.980 So everybody who's lived at least as long as I have, you all get a pass for what I'm going

00:08:01.380 to say, because you already know it. You already know it. This is for people who are maybe young

00:08:07.020 or less experienced and just haven't lived in the world enough. Overdose deaths are often

00:08:13.300 suicides. Not maybe something they intended at that moment, but it is a practice which has such a high

00:08:21.100 chance of killing you that it attracts people who are suicidal. Because if you're suicidal to begin

00:08:28.360 with, oh, I don't want to say this out loud. I almost said something really bad out loud, but I'm going

00:08:35.220 to soften it and I'm going to say, people who don't have any way to find happiness are going to find a way

00:08:41.340 to find happiness. If you have no way to be happy, as far as you can tell, I mean, your own mind,

00:08:46.920 you think there's no way, you'll still find a way to do it. And you'll find a way to do it that might

00:08:52.280 kill you because you don't care. So there's a very subtle difference between, all right, I just don't

00:08:58.500 even care if I'm alive, and actively killing yourself. So if you're doing something that has a

00:09:03.520 real high degree chance of killing you, you know, it's fun while you're doing it, but it's a high chance

00:09:08.440 of killing you. You might have been suicidal before you even went down that path. Now, some of this is

00:09:16.520 anecdotal, but does anybody disagree with my point, having heard it, that you really can't track these

00:09:23.980 numbers separately? Agree? Yeah, I think we agree. Just be careful that when you see those numbers

00:09:32.060 separately, you're not seeing what you think you see. Those are conflated numbers, or it should be.

00:09:37.440 How many of you believe that the elites, be they Davos, Davos, or whatever, or other elites,

00:09:48.160 have a plan or a desire to depopulate the world? In the comments, how many of you believe there's a

00:09:57.180 secret plan by the elites to depopulate the world? I'm seeing no's and yes's, a mix of no's and yes's.

00:10:04.940 Bill Gates, I see. I see some no's, I see some yes's. Some no's, yes's, yes's, no's. All right.

00:10:12.940 There are some kinds of questions like this where we're all just guessing, wouldn't you say?

00:10:19.660 We're all just guessing on some questions. There are other questions where some people are guessing,

00:10:25.160 but others are not. This would be one of those. This is one of those where some people are guessing,

00:10:32.880 do they really want to depopulate the world? I think they might. And other people actually know

00:10:37.820 the answer. Who are the people who know the answer? How would you describe the people who

00:10:43.660 actually know the answer for sure? I want to see if you get this before I tell you the answer.

00:10:54.020 The answer is people who understand economics. You might know that Elon Musk, who is not dumb,

00:11:04.040 says that the world needs more population, not less. What do you think of that?

00:11:08.200 So Elon Musk is, you know, an elite, I guess. And he says, you need more people to keep the economy

00:11:17.000 going, not fewer. Let me tell you what 100% of the people who understand economics believe. 100%.

00:11:25.980 This would be one with no exceptions. 100% of the people who understand economics want more people.

00:11:33.120 100%. There's no such thing as a Bill Gates wanting fewer people. That's not a thing. That's not a

00:11:41.080 thing at all. He would never want that. Because nobody smart wants fewer people. The only way you

00:11:47.420 can keep an economy humming is with more people. What's the biggest problem that China has ahead of 0.89

00:11:52.240 it? They reduced their birth rate so that they're going to have this weird bubble of old people and not 1.00

00:12:00.060 enough young people. It's a gigantic problem. So let me tell you with 100% certainty, there are no 0.83

00:12:07.360 elites who want fewer population or fewer people. Not any way that can be true. There's no way that

00:12:15.520 can be true. And if you'd like to test this, because some of you are saying, really? Really? Because

00:12:21.260 I've seen some things that make me think they do. And you might even say, well, why did China

00:12:26.640 need to control its population? Well, they had a specific problem. The specific problem was they

00:12:33.760 couldn't feed them. Right? If you can't feed everybody, you got to do something drastic. But

00:12:40.340 you can see that even in that drastic situation, they created a longer term problem that is its own

00:12:45.940 problem that's pretty big. But unless you're in that situation where you're going to starve to death,

00:12:51.420 and the United States is certainly not, you know, Europe doesn't seem to be starving, right? If

00:12:56.660 you're not starving, you want more people. And indeed, this is one of the reasons, and I don't know if

00:13:01.900 I've ever said this out loud, but let me say it specifically. One of the reasons I'm less opposed

00:13:08.340 to immigration, and now I don't like illegal immigration. I think we're on the same page with 1.00

00:13:13.680 that. But I'm not as opposed to immigration as a concept, as long as it's legal, than many of you,

00:13:23.560 because you have to have them. It's basically a strategic advantage over China. You know,

00:13:29.700 their economy is going to have a problem, but we'll probably be shipping in immigrants forever. 1.00

00:13:34.620 And China really can't handle that, can they? China can't really ship in immigrants. I mean, 0.87

00:13:39.520 not in the same way that we can. They don't integrate as well. So have I convinced anybody?

00:13:47.280 If I haven't convinced you, then I would like to say, talk to somebody who understands economics,

00:13:53.800 that you believe understands economics. So if you still think that the elites want to decrease the

00:13:58.240 population, just find somebody with a degree in economics and say, generally speaking, would rich

00:14:04.160 people be better off or worse off with a bigger or smaller population? Now, there's a related

00:14:10.500 question, which is the rate of growth, right? The rate of growth, I can imagine that the elites would

00:14:17.580 want to control. Why? Why would the elites want to control the rate of growth, but not the growth

00:14:24.300 itself? Because the rate of growth could make a difference. But you always want growth. You just

00:14:30.840 wanted a controlled growth. You want everything controlled, right? It's like everything. You

00:14:35.400 need to put it in the right amount. So that's my economic lesson. And I've told you before that

00:14:40.740 if your talent stack, as I like to say, includes economics, you can see around corners. Because

00:14:48.160 people who have an economics background can just see obviously, just obvious stuff that if you

00:14:54.820 haven't studied economics, you wouldn't see at all. I'm going to give you another example of this as we go,

00:14:58.440 of something that if somebody did not study economics, they would make the mistake that

00:15:02.920 you're going to see coming up. All right, we'll get to that. So it looks like Intel's going to put

00:15:10.080 $20 billion into building a chip factory the size of a village in the United States.

00:15:18.860 I am so happy about that. Now, Biden did say we're looking to, you know, bring our chips into the

00:15:24.220 United States. And that's the thing we've got to do first, right? You got to bring your key

00:15:28.700 technologies back first. I would have not really a big problem allowing China to be the place where 0.77

00:15:35.540 they make our fortune cookies and our cheap American flags, the plastic ones, and little cheap goods

00:15:43.940 that are like knickknacks and stuff. If China wants to be in the knickknack manufacturing business, 0.84

00:15:49.640 that's okay. I don't want them to make our chips. I don't want them to, you know, control the rare

00:15:57.900 earth minerals and stuff like that. I don't want them to have our software and our high tech. But if

00:16:05.260 they want to make knickknacks and cheap plastic stuff that we buy, that's okay. They can keep doing

00:16:10.480 that. So I do think that the bringing our key businesses back to the United States, I think

00:16:16.380 that's going to have some legs. I think that's going to happen, the important ones. Now, a lot of

00:16:22.360 you know that since the pandemic began, my record of predictions has been much better than the

00:16:28.540 professionals and the doctors. Now, some of you don't believe that if you're not familiar with the body of

00:16:35.440 my work on the pandemic. You're saying to yourself, what? I heard you say something wrong. Well, you probably

00:16:41.180 didn't. You probably heard something out of context or incomplete. Most of people's opinions about me

00:16:47.360 are not even close to accurate. But, for example, the reason that I beat the doctors and the experts

00:16:54.240 so consistently is that the only things I had an opinion on were the things where they were obviously

00:16:59.080 lying. So I just kept my predictions to things where they were obviously lying. And then, you know,

00:17:06.160 you look like a genius. But this fooled some people into thinking that I might be as qualified

00:17:11.640 as a doctor. And some of my critics are asking for advice. One of my critics, you might say he's

00:17:19.020 being sarcastic, but I'd like to treat this as serious. One of the users on Twitter named

00:17:25.060 Katmandu, du spelled D-O-O. He says, Dr. Adams, Dr. Adams, what do you suggest I do for this

00:17:35.020 painful rash on my balls? Thanks, as always, for your educated opinion.

00:17:42.620 Well, I would like to generalize my advice. Now, this would be for all of my critics.

00:17:50.880 For any of my critics, if you have a painful rash on your balls, my advice, stop licking them.

00:17:58.320 Just stop licking them. Come back to me in a week, and we'll see if that resolved it.

00:18:05.760 Now, if you could tell me that your professional doctor could give you better advice than that,

00:18:10.060 I don't think so. I don't think so.

00:18:15.100 Well, here's a funny story about January 6th. There are two new pieces of information about it,

00:18:21.340 and they both absolve Trump, except they're being reported like it's the opposite.

00:18:26.760 Because if you keep the tone a certain way, they can say good things about Trump that absolve him,

00:18:33.000 but the people watching it think the opposite happened. I don't know if I could do an example

00:18:38.620 of that. Let's say Trump saved an orphan from certain death. CNN would report that with a tone.

00:18:48.980 Once again, the president narcissist in chief had to make a big splashy show of instead of running the

00:19:00.540 country, instead of taking care of business while things are going off the rails, he decides to take

00:19:06.260 a little detour, saving an orphan, saving an orphan. Let's talk about all the things he's done

00:19:13.080 financially illegally. So that's the way CNN would cover it. There's nothing that

00:19:18.900 Trump could do that won't get the tone of bad coverage. But here's the new stuff.

00:19:25.400 So apparently the January 6th committee, and then Politico got a hold of it, there was some draft

00:19:30.680 executive order in which the executive order, if signed, would have allowed, I guess, the Department

00:19:40.900 of Defense to seize voting machines and name a special counsel to probe the 2020 elections.

00:19:48.320 Now, if you're asking the military to seize the voting machines to protect them, and then you have

00:19:56.220 a special counsel who would be independent from whoever appointed that person, you know, allegedly

00:20:02.180 independent, is that not a very direct statement that they genuinely believe the election was fraudulent?

00:20:13.300 Now, let me make a distinction. As Trump's critics have said, and this is a reasonable claim,

00:20:24.160 they said, you know, this executive order, it looks like they believe the election was fraudulent,

00:20:30.980 but their real motive in their head, the one they didn't tell you, the one that's only in their head,

00:20:37.480 but their critics can see from a distance, the real motive in their head was that they didn't think

00:20:44.180 the election was fraudulent, and they're really just going to use this to keep power and then figure

00:20:49.120 out a way to keep it permanently. Now, can you rule that out?

00:20:54.160 Is there anything that would rule out the hypothesis that the secret intention was to just keep power

00:21:01.620 and not to check that the vote was correct, right? But here's the thing. The only thing that's in

00:21:10.500 evidence, the only thing that's written or has any kind of testimony, completely absolves them.

00:21:17.220 Because the only thing written very clearly indicates a belief that the election was fraudulent.

00:21:25.680 That doesn't mean it's true. It doesn't mean that's what they were secretly thinking in their minds.

00:21:31.500 But the only evidence we have very consistently shows that they believe the vote was fraudulent.

00:21:37.880 Now, wouldn't that be exculpatory? Because that's the opposite of an insurrection.

00:21:44.600 An insurrection would be you're trying to take over illegally.

00:21:48.860 What this EO indicates is that there was at least the thought that was popular enough that somebody could write up an EO.

00:21:57.720 There was a common thought that there was an actual problem, and they were trying to fix it.

00:22:03.500 Now, I think that that was based on, you know, cognitive dissonance probably.

00:22:10.340 The thought that Trump thought he couldn't have possibly lost if everything was copacetic.

00:22:16.120 He might not be wrong about that, by the way, because I had the same feeling.

00:22:20.560 I don't see how he lost.

00:22:22.780 But, you know, like the critics have said, we have not seen evidence, or at least I haven't seen evidence,

00:22:29.720 of massive fraud.

00:22:30.880 It doesn't mean it didn't happen, because we're not allowed to look for it, at least in the technology parts.

00:22:36.540 So here's the first interesting thing, that the evidence of bad intention would be entirely based on mind reading.

00:22:44.860 The evidence of good intentions is clearly spelled out in the document.

00:22:49.060 We think the elections are sketchy.

00:22:52.020 We better take a pause and make sure that we have a clean election.

00:22:57.780 So why is that not being reported as exculpatory?

00:23:02.800 Why is it being reported like they found a smoking gun?

00:23:06.200 It's the opposite.

00:23:07.460 It's the opposite of a smoking gun.

00:23:09.880 Now, let's talk about the EO itself.

00:23:13.740 If they had done this, do you imagine that everybody would have been happy about it?

00:23:18.320 No.

00:23:18.820 And there's question whether getting the military involved was even close to being legal.

00:23:25.860 But here's the thing.

00:23:27.660 It was not signed.

00:23:30.100 Here's the thing that a lot of people don't understand about first drafts.

00:23:34.760 In this situation, if somebody comes to the boss and says,

00:23:37.920 all right, I got this complicated plan.

00:23:40.180 We're going to do this and this, and then this will happen, and we'll do this and this.

00:23:43.860 What does the boss say?

00:23:44.940 Okay, usually the boss says, oh, write that down.

00:23:50.340 That's kind of complicated.

00:23:52.220 Write that down as if it were an executive order, and let me look at it in context.

00:23:57.840 So it looks like somebody wrote down an idea.

00:24:00.740 Probably there were a lot of ideas floating around.

00:24:03.220 Somebody wrote down one set of ideas of a way to go, and then it didn't get signed.

00:24:08.460 So what does that tell you?

00:24:09.640 Well, it tells me, because I used to be in the business of writing that kind of thing,

00:24:15.500 first drafts for strategies for corporate stuff.

00:24:19.920 One of the reasons you write stuff down is to see if it still makes sense.

00:24:24.080 And quite often, like really often, when you go to write it down, you go, oh, I don't know.

00:24:30.000 Well, it sounded better in my head, but now that I wrote it down, I see a hole.

00:24:34.160 But also writing it down allows you to show it to people who are smarter than you are.

00:24:38.860 Probably some of them were lawyers, and probably some of the lawyers said, okay, this was an interesting idea, but no.

00:24:47.060 No.

00:24:48.160 Legally speaking, no.

00:24:50.660 So then they just put it away.

00:24:53.020 That is called a thought crime.

00:24:56.300 Somebody was thinking about something, decided against it, probably for the right reasons,

00:25:01.720 because it wasn't legal, probably, right?

00:25:04.660 If it had been perfectly legal, I kind of imagine they would have done it,

00:25:09.960 because I don't know what would have stopped them.

00:25:13.440 So you have to think that the fact that it was illegal is exactly why it never got signed.

00:25:19.420 So it's a story about a process that worked exactly right,

00:25:23.160 which is somebody floated an idea, smart people looked at it, said, no, nope.

00:25:31.720 And then they went on and did something else.

00:25:33.640 That's exactly what you want.

00:25:35.720 That's not a problem.

00:25:38.340 Now, I wonder if they'll ever find out who wrote that executive order.

00:25:46.840 I'm guessing they will not.

00:25:48.820 So we've got two pieces.

00:25:53.080 Oh, and then the other piece we got was a video of Ali Alexander,

00:25:58.380 generally considered, because he was, the organizer of the January 6th event.

00:26:03.960 And here's what you need to know.

00:26:06.060 The organizer of the event has not been charged or even implicated in any unlawful act.

00:26:14.280 Now, that's not me.

00:26:15.520 I think this was CNN reporting it.

00:26:17.320 So even CNN is saying that the organizer was not even implicated.

00:26:24.240 Now, it would be one thing not to be charged.

00:26:26.660 That wouldn't tell you much.

00:26:28.480 But even CNN says nobody has any information that he did anything wrong.

00:26:32.500 But what is it he's being accused of in this new charge?

00:26:37.200 He's being accused of considering having security at the event that two CNN calls them extremist groups.

00:26:49.320 And that would be the Proud Boys and the Oath Keepers.

00:26:55.360 Apparently, they were available or made themselves available for security.

00:27:01.660 And Ali Alexander was considering using them.

00:27:04.280 I think that plan didn't exactly get executed.

00:27:08.860 But I think the Oath Keepers did provide some security for the event.

00:27:11.700 I don't know if Ali Alexander made that happen or they just did it.

00:27:14.860 But then I guess that plan didn't happen.

00:27:20.200 Or at least through Ali, it didn't happen.

00:27:22.240 Now, what do you know about the Proud Boys?

00:27:25.640 Here's one of these fake news situations.

00:27:30.340 The people on the right are more likely to know that the Proud Boys are people who like to fight and drink.

00:27:36.160 And they go places where they can fight and drink.

00:27:40.520 And the stories about them being racist, etc.

00:27:43.620 There might be some racist members.

00:27:46.220 That wouldn't surprise me.

00:27:47.820 But they're not really about that.

00:27:52.160 It's more like a social group, almost.

00:27:55.640 Now, the Oath Keepers, I know less about them.

00:28:00.800 So I don't have an opinion on them.

00:28:06.160 Anyway, so if you're associated with the political right and these groups volunteered to help keep security

00:28:15.300 and you knew that security was important, I can see that they would consider it.

00:28:20.260 And I can see why they'd rule it out because it might be a bad look.

00:28:24.060 But I can see why they'd consider it.

00:28:26.840 I will tell you that I once considered the Proud Boys for my own security.

00:28:31.660 Have I ever told you that story?

00:28:33.980 At one point, I talked about giving a talk in Berkeley or something.

00:28:37.700 It was years ago.

00:28:38.400 And a member of the Proud Boys contacted me and said,

00:28:41.560 hey, we'd be happy to give you just free security so you don't get beaten up by the lefties in Berkeley.

00:28:48.460 Now, I didn't do the event, so it was never an issue.

00:28:51.780 But I have to tell you that at the moment, when they offered, my only reaction was, oh, that's a nice offer.

00:29:04.140 That's about all I thought about it.

00:29:06.480 In my personal case, I would not take security to an event.

00:29:10.280 I would either not go, or I would go without security.

00:29:15.780 But I wouldn't take security to an event.

00:29:18.040 I just wouldn't put myself in that position.

00:29:22.340 Because I could probably handle things better than security.

00:29:26.720 On a minor level, I could handle it better than somebody had brought too much muscle.

00:29:31.320 And on a big level, I just wouldn't be there in the first place.

00:29:34.320 Anyway, let's talk about Ukraine.

00:29:40.100 I did a little bit of research to figure out what the hell is going on.

00:29:43.740 Because I couldn't figure out what does Putin really want.

00:29:47.040 And part of the problem is that we don't agree on what Putin wants.

00:29:51.000 So I'm going to give you the, I guess, the quick version of my semi-deep dive here.

00:29:59.360 And here are some related things about this story that you need to know.

00:30:04.320 Former German Chancellor, do you remember Gerhard Schroeder?

00:30:08.240 So he was the German Chancellor.

00:30:10.080 And after he left office, and while he was in office, he had advocated working with Russia.

00:30:17.440 So he was a German Chancellor who was sort of pro-work with Russia.

00:30:23.600 After his term, where did he go?

00:30:26.620 He later joined Russian oil company Rosneft as chairman.

00:30:34.320 Whoa, what?

00:30:37.560 Did you know that?

00:30:39.400 Did you know that the Chancellor of Germany left the job and became the chairman of the Russian oil company Rosneft?

00:30:49.060 So some of you knew that.

00:30:51.240 Good for you.

00:30:51.980 You are more informed than I am.

00:30:53.360 Here's another one.

00:30:54.240 Former French Prime Minister Francois Fillon and former Australian Foreign Minister Karin Nisi,

00:31:07.560 after they served in their governments, they joined the boards of Russian state-owned companies.

00:31:14.380 So that's three examples of major leaders of major companies that left their jobs and took Russian money after they were gone.

00:31:25.780 Apparently that's legal.

00:31:28.700 Now, just keep this in mind, that Putin apparently can bribe anybody to do anything,

00:31:35.260 because he's got enough oil company money, and that's a bad situation.

00:31:41.000 Now, we hear that Russia has 100,000 troops massed at the border of Ukraine.

00:31:46.880 Does that sound like an invasion to you?

00:31:49.260 Go.

00:31:50.180 100,000 troops.

00:31:51.740 Invasion or no invasion?

00:31:55.300 I'm no military expert.

00:31:57.100 Well, let me give you some context.

00:32:01.440 This was one of the funniest tweets that I saw today.

00:32:04.160 It's funny because it's true.

00:32:06.240 Somebody tweeted, just for context, how many troops did the USSR have versus Afghanistan?

00:32:16.760 Did Russia have a numerical advantage in Afghanistan?

00:32:22.100 I think they did.

00:32:23.180 The point is, you need a lot of troops to take over a country and hold it.

00:32:31.040 You know, maybe 100,000 would do a lot of damage.

00:32:34.780 But if you want to take over a country and hold it, it's not the number of troops you have, necessarily.

00:32:41.080 Now, how many troops do you think Ukraine has?

00:32:43.580 So there are 100,000 who want to attack.

00:32:46.560 And, of course, they would be backed up by many, many more if they needed to replace them or augment them.

00:32:53.180 But how many does Ukraine have?

00:32:56.800 Like 1.5 million or something like that in the military?

00:33:00.740 So it's 100,000 troops invading the country with 1.5 million.

00:33:05.600 And Ukraine would have the freedom to basically mass all of their forces on their border

00:33:11.280 because Russia is only going to come through one border.

00:33:14.260 So Ukraine doesn't have to, you know, defend its entire border because those are friendlier countries.

00:33:23.380 So I'm not sure that these numbers suggest an invasion.

00:33:27.820 Is there anybody who has any military understanding?

00:33:30.880 Am I completely wrong?

00:33:32.540 These numbers look like negotiating numbers.

00:33:34.760 They don't look like invasion numbers.

00:33:36.320 But, you know, it's not like I'm a military expert or something.

00:33:47.220 Russia's on multiple sides of Ukraine.

00:33:50.880 Multiple sides, yes, but not all the sides.

00:33:54.460 The troops are apparently on one border in particular.

00:33:57.420 It depends on the goals.

00:34:06.180 Yeah.

00:34:08.880 So anyway, to me it looks like negotiating, but I'm not the expert.

00:34:13.380 What is it you would want to negotiate?

00:34:15.040 What does it want?

00:34:16.000 Well, here's some more background.

00:34:17.560 It was a 1994 agreement.

00:34:19.180 I don't know if you knew about this.

00:34:20.160 It was between the U.S., the U.K., and Russia.

00:34:24.680 And the agreement was that we'd all respect Ukraine's sovereignty if Ukraine would give up its nuclear arsenal.

00:34:32.820 And apparently it did.

00:34:34.540 So Ukraine gave up its nuclear weapons to be protected by this agreement, and then that didn't work.

00:34:43.560 Should we ever expect anybody else to ever give up their nuclear weapons?

00:34:47.220 That's a big fucking problem, right?

00:34:53.000 If Ukraine gives up its nuclear weapons because we asked, and the U.K. asked,

00:34:58.260 and then they get taken over by Russia, who was a signatory to the deal,

00:35:02.480 nobody's ever going to give up nuclear weapons again.

00:35:05.940 Didn't work in Libya, and if it doesn't work in Ukraine, it's over.

00:35:10.260 I would say that our biggest strategic thing we have to protect

00:35:13.700 is that if you give away your nuclear weapons, the whole world protects you.

00:35:19.780 Here's what's wrong with the Ukraine situation.

00:35:22.500 It is framed wrong.

00:35:24.340 Instead of framing it as, hey, Russia is trying to take over,

00:35:28.160 they should frame it,

00:35:29.660 Ukraine gave up its nuclear weapons in return for protection.

00:35:34.320 Russia was one of the signatories.

00:35:35.700 The entire fucking world needs to stop this from happening.

00:35:40.520 Otherwise, the problems down the road have nothing to do with Ukraine.

00:35:44.940 This is not a Ukraine problem.

00:35:47.220 This is a nuclear proliferation problem.

00:35:50.200 Don't care about Ukraine. 0.64

00:35:51.900 Don't fucking care about Russia.

00:35:54.140 Don't care about Putin.

00:35:55.460 Don't care about any of this shit.

00:35:58.160 But if Ukraine gave up nuclear weapons

00:36:01.500 and doesn't get rewarded for that, big time, big reward.

00:36:07.120 Don't try to get anybody's nuclear weapons away from them again.

00:36:10.900 North Korea.

00:36:12.040 Do you think North Korea is looking at Ukraine?

00:36:14.540 Hell yes.

00:36:16.160 Hell yes.

00:36:17.360 And what is North Korea doing right now?

00:36:21.500 Ramping up their nuclear program again

00:36:25.080 because Ukraine is on the verge of proving

00:36:28.200 that dealing with people, even Russia,

00:36:31.680 on giving up your nukes just doesn't work.

00:36:34.460 Just doesn't work.

00:36:36.780 The entire fucking world needs to protect Ukraine. 0.92

00:36:41.420 China needs to protect Ukraine. 0.69

00:36:45.420 India needs to protect Ukraine. 0.52

00:36:49.320 Israel needs to protect Ukraine. 0.90

00:36:52.100 There's no country that doesn't need to protect Ukraine 0.89

00:36:54.280 because you're protecting yourself.

00:36:56.160 This has nothing to do with Russia.

00:36:58.760 Nothing.

00:36:59.560 It has nothing to do with Ukraine.

00:37:01.840 It's about the fucking deal.

00:37:04.060 If you can't make that deal and make it a stick,

00:37:07.020 you can't make any deal with anybody ever.

00:37:10.500 All right?

00:37:12.500 That's the deal.

00:37:13.480 You've got to stop that deal from getting broken

00:37:17.800 at all costs.

00:37:20.340 All costs.

00:37:21.360 Am I wrong?

00:37:25.280 Now, I don't think that we framed this right at all.

00:37:28.100 All right.

00:37:28.300 Well, here's some more information.

00:37:33.980 So, apparently, Putin sees it as his sort of domain.

00:37:38.140 You know, I guess in Russia,

00:37:40.000 Ukraine has sometimes been called Little Russia

00:37:42.260 because they have so much in common.

00:37:44.300 And so, historically, Russia has regarded Ukraine

00:37:48.600 as part of them.

00:37:49.640 So, you have this historical thing

00:37:51.340 where the Russians kind of feel like

00:37:54.300 they should have some control,

00:37:55.580 or at least influence, right?

00:37:57.160 Sphere of influence, at the very least.

00:37:58.860 And, but when the Ukraine got its, 0.86

00:38:04.160 let's see, there was a,

00:38:06.840 oh, you should also know that in western Ukraine,

00:38:10.620 they're generally pro-western,

00:38:12.260 but on the border of Russia,

00:38:13.640 they're actually a little bit more pro-Russian.

00:38:16.540 So, there is a play where Putin could

00:38:19.500 maybe absorb some of the pro-Russian people

00:38:22.460 and get less complaints than if he

00:38:24.200 absorbed the whole country.

00:38:25.920 So, he's got a lot of different plays

00:38:27.400 he could do here.

00:38:28.880 But, just 15% of Ukrainians

00:38:31.580 have a positive attitude toward Putin.

00:38:35.040 15, 1-5.

00:38:37.360 So, Ukraine really, really doesn't want 0.91

00:38:39.340 to be under Putin's thing.

00:38:42.900 And I would say that the correct frame

00:38:45.160 for Ukraine is Switzerland.

00:38:48.700 Why is it that Switzerland doesn't get attacked

00:38:52.140 when there's big wars all around it?

00:38:54.720 What is it that protects Switzerland?

00:38:57.060 You know, they get mountains

00:38:57.960 and they're not strategic, I get that.

00:39:00.180 But what else, what else protects them?

00:39:02.520 It's not their militia,

00:39:04.460 or whatever they call it, right?

00:39:06.840 The neutrality wouldn't be enough

00:39:09.480 if they were also had a strategic value,

00:39:11.600 they'd probably get taken over.

00:39:13.460 But, I feel like that's where we should go

00:39:17.080 with Ukraine.

00:39:17.720 Because, I think Putin does have

00:39:19.640 a genuine interest in not having NATO there.

00:39:24.060 But, I also have a genuine interest

00:39:25.800 in not having NATO in Ukraine.

00:39:27.740 That'd be great.

00:39:29.900 How about we don't defend Ukraine with NATO?

00:39:33.760 How about we have some other solution

00:39:35.240 where we just Switzerland them?

00:39:36.940 Now, if it's Switzerland,

00:39:38.520 would Putin still have influence?

00:39:41.540 Probably.

00:39:42.060 Because he's got lots of ways to influence

00:39:44.180 with money and bribes and cyber attacks

00:39:46.880 and all kinds of stuff.

00:39:48.620 But, I feel like that's where it has to go.

00:39:51.960 We shouldn't be talking about Ukraine 0.68

00:39:53.520 being pro-Western or pro-Russia.

00:39:57.240 The best thing for Ukraine

00:39:58.400 is they can do business with both, right?

00:40:01.400 Don't you think Russia wants to do 0.98

00:40:02.960 at least financial business with Russia

00:40:04.800 while doing financial business

00:40:06.640 with everybody else?

00:40:07.400 Just say Sweden.

00:40:10.220 Just use the words.

00:40:11.840 Hey, let's make Ukraine Sweden 0.99

00:40:13.820 and let's protect the nuclear deal

00:40:16.040 because we can't ever have a situation

00:40:17.920 where somebody gives up nukes again.

00:40:20.700 You know, Libya was the first case.

00:40:23.260 We can't ever have that happen again.

00:40:25.160 That's just a zero, zero,

00:40:27.700 no wiggle room there.

00:40:29.160 There's lots of wiggle room

00:40:30.180 in other stuff,

00:40:30.940 but you can't let a country go under

00:40:34.420 if they gave up their nukes willingly.

00:40:36.240 You just can't.

00:40:37.400 All right.

00:40:40.940 What else do we need to know about that?

00:40:43.080 That's about it.

00:40:44.780 There's a new Mississippi law

00:40:47.420 that is either a prank

00:40:49.220 or it's legislation.

00:40:51.260 Let's see if you can decide.

00:40:53.440 Is this new Mississippi law a prank,

00:40:56.840 like actually a joke,

00:40:58.980 or are they serious?

00:41:02.060 So the context is, you know,

00:41:04.040 there's a critical race theory

00:41:05.800 allegedly being taught in schools

00:41:07.940 in some form,

00:41:09.540 not directly.

00:41:11.340 And then there are people

00:41:12.300 who don't want that,

00:41:13.340 so there's the battle

00:41:14.080 between the pro-critical race theory

00:41:16.000 and the anti

00:41:16.740 and whether it's even being taught at all

00:41:18.980 and blah, blah, blah.

00:41:19.560 So that's the context.

00:41:20.400 The Senate Bill 2113 would forbid public schools

00:41:25.940 in the state from forcing students to agree,

00:41:29.080 quote,

00:41:29.920 that any sex, race, ethnicity, religion,

00:41:32.160 or national origin

00:41:32.960 is inherently superior

00:41:34.820 or inferior.

00:41:36.940 And the bill doesn't mention critical race theory

00:41:40.980 in any way.

00:41:42.840 It doesn't mention it directly,

00:41:44.480 and it doesn't even mention it indirectly.

00:41:47.580 And indeed,

00:41:48.280 the bill would just reinforce

00:41:49.580 what everybody agrees with

00:41:51.060 and the Constitution would require,

00:41:54.400 that you don't discriminate

00:41:55.780 against any race or ethnicity,

00:41:58.220 blah, blah, blah.

00:41:58.620 Now, what happened

00:42:00.700 when Mississippi

00:42:02.300 decided to have a law

00:42:04.740 that you would not call

00:42:06.520 any race inferior?

00:42:08.920 What happened?

00:42:10.840 There are two black state senators

00:42:12.680 who walked out.

00:42:15.380 What?

00:42:16.820 Wait, what?

00:42:18.720 Wait, the two black senators

00:42:20.900 in Mississippi are protesting

00:42:22.660 a law that says

00:42:24.840 no one can be considered

00:42:26.540 superior or inferior

00:42:28.060 based on race.

00:42:31.260 And nothing else.

00:42:32.760 There's nothing else in the law.

00:42:34.700 There's no other, like,

00:42:35.680 little details or anything.

00:42:37.320 That's literally it.

00:42:39.800 So is it a prank

00:42:40.880 or a legislation?

00:42:42.300 Because it looks to me

00:42:43.240 like some Mississippi 0.96

00:42:44.300 lawmaker

00:42:45.700 figured out a way

00:42:47.400 to get black people 1.00

00:42:48.640 to protest equality,

00:42:50.460 against equality.

00:42:52.460 Because that's what they did.

00:42:54.820 He actually got

00:42:55.800 two black state senators

00:42:58.040 to protest

00:42:59.460 against the idea

00:43:01.060 of treating them equally.

00:43:06.960 What did I tell you

00:43:08.000 about the news today?

00:43:09.460 You don't have to add

00:43:10.720 any punchlines.

00:43:12.380 The news is just doing

00:43:13.860 all the work.

00:43:15.240 All the heavy lifting.

00:43:16.520 It's the story itself.

00:43:17.940 I wanted to add

00:43:18.800 something clever to it,

00:43:19.880 but I didn't have anything.

00:43:21.300 I've got nothing clever

00:43:22.400 because I think the story

00:43:23.720 is the clever part.

00:43:24.780 I think it's a prank.

00:43:28.540 I'm going to go on record

00:43:30.020 as saying I think

00:43:30.740 this is a prank.

00:43:32.100 I don't think this was

00:43:33.340 ever serious

00:43:34.020 because it didn't say anything.

00:43:35.800 It was literally

00:43:36.360 proposed bill

00:43:39.320 that would change

00:43:40.780 nothing

00:43:41.540 because it doesn't

00:43:43.100 change anything.

00:43:44.340 It's the existing law,

00:43:47.160 which was really clever,

00:43:48.480 by the way.

00:43:49.520 Really clever

00:43:50.280 if that's what

00:43:50.780 they were thinking.

00:43:52.800 All right,

00:43:53.240 let's talk about

00:43:53.860 February 1st

00:43:55.140 being done

00:43:55.800 with COVID mandates.

00:43:57.140 We've got a little action here.

00:43:58.800 So the NFL

00:43:59.540 and the Players Association

00:44:00.720 is going to halt

00:44:02.280 daily COVID testing

00:44:03.600 for the unvaccinated

00:44:04.800 players.

00:44:06.400 That seems like

00:44:07.240 a big deal.

00:44:08.640 So if you don't

00:44:09.460 have a vaccination,

00:44:10.820 you don't need to test

00:44:12.620 unless you have symptoms.

00:44:14.500 That seems reasonable,

00:44:19.300 doesn't it?

00:44:20.100 Under the current data

00:44:21.160 and the current situation,

00:44:22.220 it seems reasonable.

00:44:23.220 And every time you see

00:44:24.300 somebody acting reasonable,

00:44:26.840 don't you have like a,

00:44:27.760 don't you pause

00:44:28.460 and say,

00:44:30.080 hmm,

00:44:31.440 there must be more

00:44:32.320 to this story.

00:44:33.760 I think I'm missing something.

00:44:35.980 Because it seems to indicate

00:44:37.400 a large organization

00:44:38.540 is doing something

00:44:39.520 perfectly reasonable

00:44:41.200 and practical.

00:44:41.860 There must be,

00:44:44.920 there's got to be

00:44:45.420 something more

00:44:45.940 to this, right?

00:44:47.820 No, I guess

00:44:48.480 maybe that's actually happening.

00:44:51.260 You might actually see

00:44:52.640 people starting

00:44:53.840 to do reasonable things.

00:44:55.840 Could happen.

00:44:59.080 I tweeted a couple

00:45:00.620 of graphs today

00:45:01.380 showing that the projections,

00:45:03.020 now remember

00:45:03.320 these are projections,

00:45:05.000 for hospital

00:45:05.740 and hospitalization

00:45:07.100 capacity and deaths

00:45:09.140 is supposed to just

00:45:10.560 fall off a table

00:45:11.480 around February 1st.

00:45:13.760 So the timing's

00:45:14.960 kind of perfect.

00:45:16.400 But we're going to need

00:45:17.360 probably a good solid week

00:45:19.280 of death declining

00:45:20.720 like sharply

00:45:21.420 before we can get rid

00:45:23.300 of the masks,

00:45:23.980 at least in schools.

00:45:25.100 We should do schools first.

00:45:27.520 And,

00:45:28.040 so you got that.

00:45:30.280 And then also CNN

00:45:31.080 is giving sort of

00:45:32.500 endemic opinion coverage.

00:45:35.420 In other words,

00:45:36.320 it's not just Fox News

00:45:37.920 saying get rid of those

00:45:39.060 masks and mandates,

00:45:40.120 but CNN

00:45:41.340 is softening

00:45:42.620 its side

00:45:43.180 by showing people

00:45:44.680 say,

00:45:44.960 you know,

00:45:45.340 I think we're moving

00:45:46.060 more to an endemic

00:45:47.040 situation here

00:45:48.080 which doesn't address

00:45:49.720 directly the mandates

00:45:50.940 but it does, right?

00:45:52.400 If you're an endemic

00:45:53.500 you're probably going

00:45:54.140 to drop your mandates.

00:45:55.600 So now you have

00:45:56.360 the entire left

00:45:57.700 and the entire right

00:45:59.680 persuading

00:46:01.680 in the same direction.

00:46:03.200 Let's get rid

00:46:04.180 of these mandates

00:46:04.840 sooner than later.

00:46:06.340 But I still don't know

00:46:10.200 if it's enough.

00:46:11.840 And I've got a,

00:46:13.700 oh,

00:46:14.320 let's say a question

00:46:15.800 not a suggestion.

00:46:17.340 I'll see how you

00:46:18.180 respond to it.

00:46:20.060 If,

00:46:20.740 let's say you're

00:46:21.320 in a state

00:46:21.740 where the kids

00:46:22.480 have to be masked

00:46:23.480 and February 1st comes

00:46:25.340 and you've seen

00:46:26.180 other states

00:46:26.880 maybe drop mandates

00:46:27.900 in other countries

00:46:28.680 and you haven't done

00:46:29.380 it in your state.

00:46:30.100 how tempted

00:46:31.440 would you be

00:46:32.220 as a parent

00:46:33.520 of a mask-wearing

00:46:34.780 school-age kid

00:46:35.800 to call that kid

00:46:37.580 in sick

00:46:38.140 with a bad case

00:46:39.420 of mask rash

00:46:41.520 which I don't know

00:46:44.040 if that's a real thing

00:46:44.800 or not

00:46:45.120 but it doesn't really

00:46:45.740 matter to the story

00:46:46.580 because I feel like

00:46:49.300 you might want

00:46:49.780 to keep your kid

00:46:50.380 home at least one day.

00:46:53.400 You know,

00:46:53.620 the schools

00:46:54.200 take a big hit

00:46:55.120 if kids don't

00:46:56.400 come to school.

00:46:57.260 I think there's

00:46:57.680 a funding issue.

00:46:59.340 I don't know

00:46:59.920 the details of that

00:47:00.760 but you have to

00:47:02.360 get their attention,

00:47:03.220 right?

00:47:04.200 Now,

00:47:04.420 I don't know

00:47:04.740 if you need

00:47:05.120 two days.

00:47:06.460 I don't know

00:47:06.980 if you need

00:47:07.520 to keep them

00:47:07.980 out two days.

00:47:09.180 Maybe.

00:47:09.780 I don't know.

00:47:10.580 But if,

00:47:12.280 I don't know,

00:47:12.820 30% of parents

00:47:14.120 called in

00:47:14.760 and said their kids

00:47:15.580 had a bad case

00:47:16.400 of mask rash

00:47:17.780 and nothing else

00:47:19.140 because when you

00:47:19.960 call in a kid sick

00:47:20.820 it's usually

00:47:21.260 just a phone call

00:47:22.200 where you leave

00:47:23.280 a recorded message

00:47:24.240 and I think

00:47:25.920 you could crash

00:47:26.680 the schools

00:47:27.320 just by calling

00:47:28.680 in your kid sick

00:47:29.320 with mask rash.

00:47:31.080 Now,

00:47:31.500 I wouldn't do it

00:47:31.940 any other way

00:47:32.640 because I think

00:47:33.940 you should be

00:47:34.580 overt about

00:47:35.720 what you're doing.

00:47:37.160 If you say,

00:47:37.920 oh,

00:47:38.100 my kid,

00:47:38.860 you know,

00:47:39.140 has a stomach ache

00:47:39.960 or something,

00:47:40.540 eh,

00:47:41.440 eh.

00:47:42.700 I'd rather you say

00:47:43.560 directly what you're doing.

00:47:44.880 Yeah,

00:47:45.100 it's a bad case

00:47:45.800 of mask rash

00:47:47.260 so we've got to

00:47:48.240 keep them home.

00:47:49.940 Now,

00:47:50.320 I don't know

00:47:50.580 if that's a good idea

00:47:51.260 or a bad idea.

00:47:52.820 I'm just going

00:47:53.460 to put it out there

00:47:54.100 that the public

00:47:55.720 needs to

00:47:56.520 at least be

00:47:57.140 considering

00:47:57.560 all of its options.

00:47:59.580 We should be

00:48:00.360 more Putin-like.

00:48:02.760 Let us take

00:48:03.520 a page from

00:48:04.240 Putin

00:48:04.900 as he's dealing

00:48:05.860 with Ukraine

00:48:06.480 and you can see

00:48:08.900 that he uses

00:48:09.680 persuasion

00:48:10.380 in every form.

00:48:11.540 You know,

00:48:11.740 physical persuasion,

00:48:12.920 verbal,

00:48:13.940 money,

00:48:14.720 everything.

00:48:15.740 So,

00:48:16.280 we should use

00:48:16.840 all of our tools

00:48:17.560 to get rid

00:48:18.560 of these mandates.

00:48:19.920 And I guess

00:48:21.060 D.C.

00:48:21.600 is going to have

00:48:22.120 the big rally

00:48:22.960 on Sunday.

00:48:24.380 That's tomorrow,

00:48:26.020 right?

00:48:26.640 Big D.C. rally.

00:48:28.000 I don't think

00:48:28.740 the D.C. rally

00:48:29.420 is going to have

00:48:29.880 an impact

00:48:30.380 because a lot

00:48:31.800 of the people

00:48:32.160 in it

00:48:32.620 are controversial.

00:48:35.960 Controversial

00:48:36.400 doctors,

00:48:37.000 et cetera.

00:48:38.240 And another story

00:48:39.120 that is too good

00:48:40.340 not to report.

00:48:41.820 In Pennsylvania,

00:48:42.860 a truck full

00:48:43.680 of monkeys

00:48:44.340 overturned.

00:48:46.380 The monkeys

00:48:47.040 were on the way

00:48:48.160 to a lab

00:48:48.900 and four

00:48:50.580 of the monkeys

00:48:51.080 escaped

00:48:51.700 and are on

00:48:52.540 the loose.

00:48:54.900 I didn't make

00:48:55.620 that up.

00:48:56.460 There was a

00:48:56.920 truck full

00:48:57.480 of monkeys

00:48:57.960 that were

00:48:59.400 on the way

00:48:59.760 to a lab

00:49:00.180 and four

00:49:01.080 of them

00:49:01.280 got loose.

00:49:02.680 Now,

00:49:03.180 I said

00:49:04.240 that this

00:49:04.980 could be

00:49:05.240 a problem

00:49:05.600 if the monkeys

00:49:06.340 start wearing

00:49:07.080 masks.

00:49:08.100 We're never

00:49:08.640 going to find

00:49:09.120 them.

00:49:10.020 We're never

00:49:10.400 going to find

00:49:10.780 those monkeys.

00:49:11.500 They'll just

00:49:11.780 fit right in.

00:49:13.260 A couple

00:49:13.800 people said

00:49:14.360 to me

00:49:14.700 that I was

00:49:15.220 being very

00:49:15.740 racist

00:49:16.260 and saying

00:49:17.660 that if

00:49:18.720 monkeys wear

00:49:19.360 masks,

00:49:20.100 they would

00:49:20.340 not be

00:49:20.660 identified.

00:49:22.600 To which

00:49:23.280 I said,

00:49:24.180 well,

00:49:24.640 that's funny

00:49:25.200 because until

00:49:26.460 you mentioned

00:49:27.000 it,

00:49:27.440 I never even

00:49:28.060 thought of it

00:49:28.580 in a racial

00:49:29.180 context.

00:49:30.940 So was the

00:49:32.880 person who

00:49:33.360 never even

00:49:33.880 considered the

00:49:34.980 racial context

00:49:36.120 the racist

00:49:37.280 or was it

00:49:38.620 the person

00:49:39.100 who imagined

00:49:39.860 a monkey

00:49:40.980 in a mask

00:49:41.880 and thought

00:49:42.620 of a fucking 0.95

00:49:43.240 black person,

00:49:44.200 you goddamn 0.86

00:49:44.820 piece of shit?

00:49:45.740 racist?

00:49:50.380 That one's

00:49:51.000 pretty clear.

00:49:52.440 Am I

00:49:52.740 wrong?

00:49:53.860 I mean,

00:49:54.160 that was

00:49:54.640 crystal clear

00:49:55.800 who the

00:49:56.520 racist is

00:49:57.100 in that

00:49:57.400 story.

00:50:00.240 All right.

00:50:03.860 How many

00:50:04.480 of you saw

00:50:05.000 real time

00:50:05.720 with Bill

00:50:06.280 Maher,

00:50:06.780 maybe you

00:50:07.080 saw the

00:50:07.320 clips of

00:50:07.800 Barry Weiss

00:50:08.480 being sort

00:50:11.060 of anti-mask,

00:50:11.880 anti-mandate,

00:50:13.640 et cetera,

00:50:13.960 and part

00:50:16.040 of the

00:50:16.240 story is

00:50:16.600 she got

00:50:16.820 a big

00:50:17.040 cheer from

00:50:17.560 the audience

00:50:18.080 which was

00:50:18.760 left-leaning

00:50:19.940 of course.

00:50:21.820 Now,

00:50:22.920 I have

00:50:23.620 mixed feelings

00:50:24.620 about this.

00:50:26.160 First of

00:50:26.700 all,

00:50:27.080 Barry Weiss

00:50:27.640 is not

00:50:28.180 a classic

00:50:29.600 liberal.

00:50:31.480 She still 0.93

00:50:32.000 identifies as

00:50:32.700 a liberal,

00:50:33.160 but if you

00:50:34.660 know her

00:50:35.040 work,

00:50:35.600 she's got

00:50:36.320 one foot

00:50:36.840 and two

00:50:37.300 worlds.

00:50:38.540 So for

00:50:39.220 her to 0.94

00:50:39.680 go anti-mandate

00:50:41.280 is not as

00:50:42.040 big a story

00:50:42.720 as if it

00:50:43.700 were Bernie

00:50:44.320 Sanders or

00:50:44.900 something.

00:50:45.820 But still,

00:50:47.340 it's movement

00:50:48.440 and still

00:50:49.560 the audience

00:50:50.180 clapped and

00:50:51.560 cheered.

00:50:52.900 So regardless

00:50:53.880 of her

00:50:54.520 specific

00:50:55.360 situation,

00:50:56.920 the audience

00:50:57.340 is very

00:50:57.720 left and

00:50:58.260 they agree.

00:50:59.720 So that

00:51:00.140 feels like

00:51:00.660 a big deal.

00:51:02.520 But here's

00:51:03.180 I just

00:51:04.660 got two

00:51:05.080 problems.

00:51:07.340 I don't

00:51:08.060 know how

00:51:09.240 much this

00:51:09.720 bothers you

00:51:10.380 because I

00:51:10.700 know it

00:51:10.940 bothers a

00:51:11.380 lot of

00:51:11.660 you,

00:51:11.820 but I

00:51:12.880 can't

00:51:13.320 stand it

00:51:14.240 when people

00:51:14.780 who agree

00:51:15.460 with me

00:51:15.900 use bad

00:51:16.460 arguments.

00:51:18.440 And so

00:51:19.420 I'm often

00:51:20.140 accused of

00:51:21.140 attacking people

00:51:22.000 on the

00:51:22.520 right for

00:51:24.080 their arguments

00:51:24.680 about mandates

00:51:25.340 or whatever.

00:51:26.240 And people,

00:51:26.860 I think,

00:51:27.120 completely

00:51:27.640 misunderstand

00:51:28.500 that.

00:51:29.620 I'm trying

00:51:30.160 to fix

00:51:30.720 your argument.

00:51:31.480 I'm not

00:51:31.760 trying to

00:51:32.100 break it.

00:51:33.440 I don't

00:51:34.000 want you

00:51:34.280 to be

00:51:34.520 wrong.

00:51:35.620 I want

00:51:36.060 you to

00:51:36.260 be right.

00:51:37.300 I want

00:51:37.680 us all

00:51:37.980 to be

00:51:38.200 right and

00:51:38.600 get out

00:51:38.920 of the

00:51:39.120 masks and

00:51:39.700 get out

00:51:39.940 of the

00:51:40.080 mandates and

00:51:40.700 go on

00:51:41.260 with their

00:51:41.540 lives.

00:51:42.080 We're on

00:51:42.460 the same

00:51:42.800 side.

00:51:44.000 I'm telling

00:51:44.460 you that

00:51:44.880 you can

00:51:45.300 make a

00:51:45.640 better

00:51:45.860 argument than

00:51:46.980 you have

00:51:47.300 been making

00:51:47.720 in some

00:51:48.060 cases.

00:51:49.240 And

00:51:49.420 Barry Weiss

00:51:50.120 used two

00:51:50.620 of the

00:51:50.840 worst

00:51:51.100 arguments

00:51:51.640 to back

00:51:52.920 her decision

00:51:53.680 to sort

00:51:54.480 of be

00:51:54.680 anti-mandate.

00:51:55.940 And I

00:51:56.320 don't want

00:51:56.560 to talk

00:51:56.920 about them

00:51:57.260 too much

00:51:57.660 except to

00:51:58.200 say these

00:51:58.600 are two

00:51:59.300 of the

00:51:59.500 worst

00:51:59.700 arguments.

00:52:01.080 One was

00:52:01.720 that they

00:52:02.000 promised us

00:52:02.820 that the

00:52:03.280 vaccine would

00:52:03.900 help us

00:52:04.260 get back

00:52:04.680 to normal

00:52:05.260 and then

00:52:06.300 it didn't.

00:52:08.060 What's wrong?

00:52:08.620 What is the

00:52:09.460 logical problem

00:52:10.920 with that

00:52:11.180 argument?

00:52:11.860 They promised

00:52:12.580 us that the

00:52:13.220 vaccines would

00:52:13.900 help us get

00:52:14.400 back to

00:52:14.780 normal and

00:52:15.800 then clearly

00:52:16.560 they didn't.

00:52:18.920 What's wrong

00:52:19.560 with that?

00:52:21.180 Number one,

00:52:21.900 the data

00:52:22.240 changed,

00:52:22.740 right?

00:52:23.680 The data

00:52:24.220 changed.

00:52:25.240 Number two,

00:52:27.920 I'll bet

00:52:28.420 nobody's going

00:52:28.960 to get this

00:52:29.320 one.

00:52:29.720 Fog of war, 0.53

00:52:30.520 that's part

00:52:30.800 of the story.

00:52:31.240 Oh,

00:52:34.000 there's something

00:52:34.560 even more basic

00:52:35.400 than the fog

00:52:36.060 of war.

00:52:36.520 I'll just

00:52:37.940 tell you

00:52:38.280 because I

00:52:38.540 think none

00:52:39.100 of you

00:52:39.320 can get

00:52:39.660 it.

00:52:40.900 She's

00:52:41.300 valuing a

00:52:41.980 sunk cost

00:52:42.860 effectively.

00:52:44.360 It's not a

00:52:44.820 cost cost.

00:52:45.980 It's a

00:52:46.360 sunk cost.

00:52:48.840 Whatever

00:52:49.360 happened in

00:52:50.100 the past

00:52:50.720 is irrelevant.

00:52:53.500 It doesn't

00:52:53.800 matter.

00:52:54.880 What matters

00:52:55.780 is what's

00:52:56.680 your situation

00:52:57.240 today.

00:52:58.280 So it

00:52:58.580 doesn't matter

00:52:59.080 that somebody

00:52:59.540 promised you

00:53:00.200 something in

00:53:00.720 the past.

00:53:02.100 It shouldn't

00:53:02.800 matter to your

00:53:03.380 decision today.

00:53:05.100 So she's

00:53:05.780 acting as

00:53:06.440 something that

00:53:07.080 happened in

00:53:07.460 the past,

00:53:08.020 a sunk cost,

00:53:09.280 can't change

00:53:10.020 it.

00:53:10.380 There's

00:53:10.560 nothing you

00:53:10.960 can do

00:53:11.260 about it.

00:53:12.680 Somehow

00:53:13.120 should inform

00:53:14.220 her current

00:53:14.720 decision,

00:53:15.240 and it really

00:53:15.580 shouldn't.

00:53:16.580 That's a

00:53:16.900 logical problem.

00:53:19.120 It would be

00:53:19.640 better to say

00:53:20.300 it's just true

00:53:22.000 that the

00:53:22.340 vaccines are

00:53:22.980 not stopping

00:53:23.560 the spread,

00:53:25.180 because that

00:53:25.720 would be

00:53:25.960 talking about

00:53:26.480 today.

00:53:27.520 As soon as

00:53:28.120 you add

00:53:28.600 what they

00:53:29.280 promised us,

00:53:30.740 that's a

00:53:31.140 sunk cost.

00:53:32.660 That's gone.

00:53:33.540 That's yesterday.

00:53:34.600 It doesn't

00:53:35.000 exist.

00:53:35.460 It's history.

00:53:35.880 Just what

00:53:36.840 are you

00:53:37.000 working with

00:53:37.440 today?

00:53:38.200 Because your

00:53:38.700 argument is

00:53:39.180 plenty good.

00:53:41.260 The one who

00:53:42.560 says, oh my

00:53:43.000 God, no,

00:53:43.480 you're saying

00:53:44.260 that they

00:53:44.640 lied to us.

00:53:45.840 The real

00:53:46.460 issue is

00:53:46.860 they lied

00:53:47.560 to us.

00:53:48.440 Say that.

00:53:50.060 Say that.

00:53:51.620 If you

00:53:52.160 said that we

00:53:53.080 don't trust

00:53:53.600 them, and

00:53:54.560 the data has

00:53:55.080 changed, we

00:53:55.600 need to take

00:53:56.060 control of it,

00:53:56.560 that'd be

00:53:56.800 good.

00:53:57.540 But don't

00:53:58.020 say that you

00:53:58.620 value something

00:54:00.480 that happened in

00:54:01.020 the past that's

00:54:01.600 just sunk, it's

00:54:02.300 gone, it's

00:54:03.160 forever.

00:54:03.500 Just make

00:54:04.820 the argument

00:54:05.300 based on

00:54:06.120 today.

00:54:06.620 That's all.

00:54:07.380 That's better.

00:54:09.040 Secondly, she 0.87

00:54:09.840 said that we

00:54:11.320 know now that

00:54:12.020 cloth masks

00:54:12.960 don't work.

00:54:14.280 And I think

00:54:14.600 she means the

00:54:15.500 cheap ones that

00:54:17.820 I wear all the

00:54:18.800 time.

00:54:22.160 Now, that's

00:54:23.140 just not true.

00:54:26.080 It's not been

00:54:26.900 proven that they

00:54:27.820 don't work.

00:54:28.560 Many of you

00:54:29.140 saw a headline

00:54:29.660 that you

00:54:29.960 said that,

00:54:31.000 right?

00:54:31.180 But if you

00:54:32.120 read the

00:54:32.400 headline, it

00:54:32.940 said, the

00:54:33.840 headline was

00:54:35.200 misleading.

00:54:36.500 The story

00:54:36.900 said that they

00:54:38.460 don't work as

00:54:39.140 well as M95s. 0.99

00:54:43.020 Now, I

00:54:44.580 think all

00:54:44.960 masks are

00:54:45.460 useless during

00:54:46.340 Omicron when

00:54:47.680 people are

00:54:48.100 vaccinated anyway,

00:54:49.140 right?

00:54:49.780 And we know

00:54:50.760 how to protect

00:54:51.320 the vulnerable,

00:54:53.020 et cetera.

00:54:53.660 So I'm

00:54:54.240 anti-mask,

00:54:55.220 period, no

00:54:56.520 discussion, no

00:54:57.760 discussion.

00:54:59.080 But it's

00:54:59.900 simply a lie.

00:55:01.180 The cloth

00:55:01.760 masks have

00:55:02.260 been proven

00:55:02.660 not to work.

00:55:03.360 There's no

00:55:03.680 evidence of

00:55:04.160 that.

00:55:04.740 There's no

00:55:05.220 evidence that

00:55:05.720 they work,

00:55:07.320 right?

00:55:08.420 It's not been

00:55:09.020 proven that they

00:55:09.560 work.

00:55:10.240 But it's equally

00:55:10.940 true that it

00:55:11.580 hasn't been proven

00:55:12.280 they don't work.

00:55:13.780 There's no

00:55:14.220 evidence of

00:55:14.640 that at all.

00:55:16.540 It's just that

00:55:17.240 they don't work as

00:55:17.820 well as M95,

00:55:18.980 and they're

00:55:19.540 definitely less

00:55:20.260 useful in

00:55:21.140 Omicron.

00:55:22.060 So here's my

00:55:22.640 problem.

00:55:23.100 She made two

00:55:23.640 points that I

00:55:24.760 consider just

00:55:25.320 wrong to back

00:55:27.440 the argument I

00:55:28.060 agree with.

00:55:29.740 And you didn't

00:55:30.360 need to do

00:55:30.800 that.

00:55:31.820 Because there's

00:55:32.500 plenty of

00:55:33.380 argument to

00:55:34.040 get there

00:55:34.380 without these

00:55:35.760 two, what I

00:55:36.860 consider both

00:55:37.440 mistakes.

00:55:41.040 Jeff Pilkington

00:55:42.300 had an

00:55:43.320 interesting tweet

00:55:43.980 from a liberal

00:55:44.600 friend.

00:55:45.100 Now one of the

00:55:45.500 reasons that

00:55:46.100 Jeff is a

00:55:47.240 really good

00:55:47.620 follow, and

00:55:49.080 he spells his

00:55:49.560 first name G-E-O-F-F,

00:55:52.780 Pilkington, you

00:55:54.420 can find him in

00:55:55.020 my Twitter feed

00:55:55.640 almost every day,

00:55:56.400 is that he's a

00:55:59.500 weird duck,

00:56:01.580 meaning that he

00:56:02.340 has equal vision

00:56:04.080 on the left and

00:56:04.920 the right, which

00:56:06.780 I've almost never

00:56:07.520 seen.

00:56:08.840 And I'm not sure

00:56:09.980 I haven't.

00:56:11.160 But when he

00:56:11.780 talks about the

00:56:12.440 left or he

00:56:13.020 talks about the

00:56:13.540 right, he's

00:56:14.080 almost always free

00:56:15.260 of cognitive

00:56:15.880 dissonance.

00:56:16.940 In other words,

00:56:17.340 he can actually

00:56:18.000 see their

00:56:18.460 arguments without

00:56:20.140 any distortion.

00:56:21.940 And part of it,

00:56:23.300 I think, is just

00:56:23.820 his experience is

00:56:24.740 that he has

00:56:25.680 about equal

00:56:26.460 contact with

00:56:27.560 both sides and

00:56:29.000 listens to both

00:56:29.680 sides.

00:56:30.820 So it's just a

00:56:31.440 weird case.

00:56:33.880 But his tweets

00:56:34.580 are interesting

00:56:35.060 because of that,

00:56:36.120 because he can

00:56:36.880 see the whole

00:56:37.400 field and there

00:56:38.020 aren't many

00:56:38.280 people who can.

00:56:39.440 And he has a

00:56:40.100 liberal friend

00:56:40.680 whose name he

00:56:42.680 withholds, but

00:56:43.800 somebody, well,

00:56:46.300 I won't say

00:56:46.620 any more, but

00:56:47.240 just a liberal

00:56:47.880 friend who had

00:56:49.360 this suggestion,

00:56:50.180 and I want to

00:56:50.560 run this by you,

00:56:51.280 his liberal

00:56:52.280 friend.

00:56:52.780 Remember, the

00:56:54.500 key to this is

00:56:55.880 it's a liberal

00:56:56.480 friend.

00:56:57.340 If I told you

00:56:57.980 this story and

00:56:58.540 said a conservative

00:56:59.280 said it, it

00:57:00.280 would mean one

00:57:00.880 thing, but this

00:57:02.200 came from a

00:57:02.820 liberal, okay?

00:57:04.020 A liberal said

00:57:05.000 Trump should run

00:57:06.780 with the motto,

00:57:07.660 quote, build

00:57:08.700 back exactly the

00:57:09.940 way it was.

00:57:15.700 I'm leaving a

00:57:16.760 strategic silence

00:57:17.740 here.

00:57:19.800 Build back

00:57:20.740 exactly the

00:57:21.860 way it was.

00:57:32.060 Slow clap.

00:57:33.300 Slow clap.

00:57:35.160 I don't know,

00:57:35.820 that's just

00:57:36.140 perfect.

00:57:38.180 That's just

00:57:38.760 perfect.

00:57:39.860 Now, of course,

00:57:41.580 you know, you

00:57:42.060 don't want it

00:57:42.600 exactly the way

00:57:43.340 it was, so it's

00:57:44.360 not one of those

00:57:44.880 things that's

00:57:45.340 literally true.

00:57:46.080 true, but as

00:57:47.260 a thing that

00:57:49.860 makes you go,

00:57:50.940 hmm, it's

00:57:52.040 really good.

00:57:53.980 I don't think

00:57:55.020 Trump would use

00:57:55.840 that slogan,

00:57:58.860 but if anybody

00:57:59.920 would, it would

00:58:00.680 be him, right?

00:58:02.140 If anybody could

00:58:03.120 do this, it would

00:58:04.000 be Trump.

00:58:04.540 I don't think he

00:58:05.100 will, but he'd be

00:58:06.360 capable.

00:58:06.660 How many of

00:58:07.760 you have seen

00:58:08.260 the video of

00:58:09.440 the so-called

00:58:10.120 Patriot Front

00:58:11.020 doing a little

00:58:13.400 video, and

00:58:14.560 then after the

00:58:15.340 camera is off,

00:58:16.620 they think they

00:58:17.480 say some Hitler-

00:58:20.100 related stuff?

00:58:21.580 How many of you

00:58:22.200 saw it?

00:58:24.040 All right, well,

00:58:24.980 this video is

00:58:27.680 being dunked on

00:58:28.540 all over the

00:58:29.220 place because it's

00:58:30.200 so obviously fake,

00:58:32.540 meaning that the

00:58:33.240 people are so

00:58:33.820 obviously actors and

00:58:35.120 not really what

00:58:35.820 they present to

00:58:36.480 be, that it's

00:58:37.740 just hilarious.

00:58:39.620 You have to see

00:58:40.300 it.

00:58:41.520 I can't really

00:58:42.580 describe how

00:58:44.240 obviously fake it

00:58:45.380 is.

00:58:45.680 You just have to

00:58:46.380 see it yourself.

00:58:47.640 And the funny

00:58:48.360 thing is that we're

00:58:49.060 all trained now.

00:58:50.380 If you see the

00:58:50.960 comments, it's

00:58:51.520 hilarious.

00:58:52.680 I think five

00:58:53.460 years ago, I

00:58:55.120 don't know how

00:58:55.600 many people would

00:58:56.340 have thought that

00:58:56.780 was fake.

00:58:58.140 What do you

00:58:58.500 think?

00:58:59.460 Five years ago,

00:59:01.180 would you have

00:59:01.800 just naturally and

00:59:03.020 instantly known that

00:59:04.020 was fake?

00:59:05.120 Or would you

00:59:06.500 have said,

00:59:06.840 maybe?

00:59:08.100 All kinds of

00:59:08.840 people.

00:59:09.500 Maybe these are

00:59:10.300 people.

00:59:12.660 So some of you

00:59:13.560 would have thought

00:59:13.980 it was fake even

00:59:14.620 five years ago.

00:59:16.320 I think a lot of

00:59:17.300 us got a lot

00:59:17.780 smarter in five

00:59:19.540 years, but I

00:59:20.360 mean, it looks

00:59:20.780 super fake.

00:59:27.160 Anyway, that

00:59:28.540 is my show for

00:59:30.680 the day.

00:59:31.380 Did I leave

00:59:31.820 anything out?

00:59:32.300 It looked

00:59:37.060 phony as hell.

00:59:38.680 Somebody says,

00:59:39.620 I thought the

00:59:40.080 tiki marchers in 0.87

00:59:41.220 Charlottesville were

00:59:41.940 fake.

00:59:43.360 My opinion is that

00:59:44.680 that was not real.

00:59:46.100 I don't believe the

00:59:46.940 Charlottesville march

00:59:47.980 was completely

00:59:49.520 organic or

00:59:50.580 organized the way

00:59:51.540 we're told.

00:59:53.160 Nothing about that

00:59:54.000 looks real to me.

00:59:55.740 Once you see all

00:59:56.540 these fakes,

00:59:57.740 rerun your

01:00:00.680 movie, just

01:00:01.920 reverse it a

01:00:03.080 little bit and

01:00:03.640 see what 2018

01:00:05.320 looks like

01:00:06.320 through the eyes

01:00:08.060 of 2022.

01:00:09.840 If you had any

01:00:10.980 doubt about what

01:00:11.800 was going on in

01:00:12.480 Charlottesville,

01:00:13.860 just use your

01:00:14.660 2022 brain and

01:00:17.680 rewind the film

01:00:18.680 and look at

01:00:19.820 2018 again.

01:00:21.480 It's really

01:00:22.460 obvious once you

01:00:24.280 see it from

01:00:24.720 today's perspective.

01:00:25.780 It wasn't as

01:00:26.260 obvious then.

01:00:27.740 Market crash.

01:00:32.820 Oh, let's talk

01:00:33.340 about the stock

01:00:34.080 market.

01:00:35.020 So there's a

01:00:35.820 famous bubble

01:00:36.700 caller who's

01:00:37.440 calling a bubble.

01:00:41.180 If you had sold

01:00:42.420 your stock the

01:00:43.560 last time somebody

01:00:44.700 warned of a bubble

01:00:45.660 crash and then it

01:00:47.260 happened, would

01:00:49.240 that have been a

01:00:49.780 good move?

01:00:51.820 What do you

01:00:52.460 think?

01:00:53.240 If you had sold

01:00:54.360 all your stock

01:00:55.560 just when the

01:00:57.060 bubble, just

01:00:57.660 before the

01:00:58.160 bubble, would

01:00:58.760 that have been

01:00:59.160 a good move?

01:01:00.980 Well, if you

01:01:02.580 got lucky, because

01:01:04.460 you might buy it

01:01:05.440 back at the

01:01:05.880 bottom and you

01:01:06.900 might have

01:01:07.240 luckily timed

01:01:07.940 the top and

01:01:08.580 luckily timed

01:01:09.400 the bottom, but

01:01:11.060 it's not a good

01:01:11.760 play.

01:01:13.300 So generally

01:01:14.120 speaking, you

01:01:14.760 want to buy and

01:01:15.340 hold and you

01:01:16.040 want to be able

01:01:16.520 to buy and

01:01:17.000 hold long enough

01:01:17.820 that you can

01:01:18.420 survive an entire

01:01:19.440 bubble crash.

01:01:20.260 So a bubble

01:01:22.120 crash, would 0.73

01:01:23.800 you say that's

01:01:24.340 a three to

01:01:24.780 five year

01:01:25.180 thing?

01:01:25.860 Let's say five,

01:01:27.300 let's say.

01:01:27.860 Maybe five

01:01:28.440 minimum.

01:01:29.240 But if you

01:01:29.800 can't survive a

01:01:30.700 five to seven

01:01:31.540 year crash, maybe

01:01:34.000 you shouldn't have

01:01:34.480 stocks in the

01:01:35.060 first place.

01:01:36.680 Because that would

01:01:37.880 be the common

01:01:39.260 thing to do.

01:01:40.700 Now, I think I

01:01:42.140 held all of my

01:01:43.200 stocks through all

01:01:44.340 of the crashes.

01:01:46.660 The big and the

01:01:47.420 small.

01:01:47.580 I think I

01:01:47.960 have.

01:01:48.360 And I'm

01:01:48.620 doing fine.

01:01:51.780 So the people

01:01:53.500 calling the crash

01:01:54.360 may be right.

01:01:55.740 They might be

01:01:56.220 right.

01:01:57.200 But I'm not

01:01:57.920 sure it matters

01:01:58.360 in the long

01:01:58.800 run.

01:01:59.700 So here's a

01:02:00.500 tip from me on

01:02:03.520 managing your

01:02:04.200 stocks.

01:02:05.040 If you know the

01:02:05.900 whole market went

01:02:06.700 down, don't check

01:02:08.640 your portfolio.

01:02:10.540 If you know the

01:02:11.400 market went up and

01:02:12.540 they're saying,

01:02:12.980 hey, it's a new

01:02:13.420 high, check your

01:02:14.600 portfolio.

01:02:15.980 It might make you

01:02:16.500 happy.

01:02:16.740 But the last

01:02:18.140 thing you want

01:02:18.540 to do is keep

01:02:19.380 checking your

01:02:19.940 portfolio when

01:02:20.720 it's going down.

01:02:22.440 Assuming you have

01:02:23.200 a good mix of

01:02:24.220 stocks.

01:02:25.120 Now, it's

01:02:25.560 different if you

01:02:26.240 thought you bought

01:02:26.720 the wrong stocks

01:02:27.560 and you were

01:02:27.900 buying individual

01:02:28.560 stocks.

01:02:29.280 I can't help you

01:02:30.040 with that because

01:02:30.540 you shouldn't have

01:02:31.020 done that in the

01:02:31.460 first place.

01:02:32.280 But if you have

01:02:32.700 an index fund,

01:02:34.260 say the Fortune

01:02:35.040 500 index.

01:02:36.020 Let me see if I

01:02:41.780 have to do

01:02:42.120 something.

01:02:45.000 Oh, no, I

01:02:45.940 don't.

01:02:46.700 Yay.

01:02:48.880 So that is

01:02:51.820 all I got for

01:02:52.340 today.

01:02:55.340 Stupid advice.

01:02:56.500 That's only if

01:02:57.200 you're a hundred

01:02:57.720 millionaires.

01:02:58.600 What is bad

01:02:59.420 advice?

01:03:00.000 To hold on to

01:03:00.880 your stocks?

01:03:02.100 No, that's not a

01:03:02.900 millionaire advice.

01:03:03.640 That's general

01:03:04.700 advice.

01:03:06.800 Scott, Scott, Scott.

01:03:07.780 Illegal aliens 1.00

01:03:08.520 cost California

01:03:09.320 $20 billion last

01:03:10.280 year.

01:03:11.060 You asked for a

01:03:11.760 figure.

01:03:12.540 Well, thank you.

01:03:14.260 So that's an

01:03:14.940 estimate of what

01:03:15.700 they cost.

01:03:16.540 How much did

01:03:17.180 they add?

01:03:20.140 And what did

01:03:20.780 their second and

01:03:21.580 third generation

01:03:22.300 add?

01:03:23.460 So that would be

01:03:24.300 the complete

01:03:24.940 economics.

01:03:26.620 If you're telling

01:03:27.500 me that they cost

01:03:28.500 in the first

01:03:29.180 generation but make

01:03:30.280 money by the

01:03:30.860 second or the

01:03:31.440 third, is that

01:03:32.860 bad economics?

01:03:33.640 They're good.

01:03:35.360 I don't know.

01:03:36.320 I don't know.

01:03:36.780 It would depend

01:03:37.200 on how big one

01:03:38.000 is compared to

01:03:38.540 the other.

01:03:44.360 Why wasn't

01:03:45.080 Newsom recalled?

01:03:45.900 Because it's a

01:03:46.580 Democrat state.

01:03:47.620 That's the whole

01:03:48.160 answer.

01:03:51.320 Illegal is about 0.97

01:03:52.000 to cost trillions

01:03:52.800 in California when

01:03:53.860 single.

01:03:54.400 Yeah, I mean, we

01:03:55.860 do have a problem

01:03:56.480 if we start giving

01:03:57.400 free health care

01:03:58.320 away.

01:03:59.180 That's going to

01:03:59.980 be expensive.

01:04:00.500 All right, that's

01:04:03.520 all I've got for

01:04:03.900 now, and I will

01:04:05.000 talk to you on

01:04:06.180 YouTube tomorrow.

01:04:07.660 We'll do that again.

01:04:10.120 So I'll look at

01:04:10.420 zero.

01:04:18.340 Oh, you're

01:04:24.440 going to see how

01:04:25.260 you wish

01:04:25.560 to do this.

01:04:25.880 What the damn

01:04:26.820 is to do?

Real Coffee with Scott Adams - January 22, 2022

Episode 1631 Scott Adams： Lots of Spicy Takes on the News Today. You'll Love it

Episode Stats

Summary

Transcript