Real Coffee with Scott Adams - Episode 2044 Scott Adams： Silicon Valley Bank Debacle, Free Jacob Chansley Or Close Congress, More

00:00:00.000 Good morning, ladies and gentlemen, and welcome to the best thing that ever happened to you.

00:00:05.900 It's a highlight of civilization, and there's never been a finer thing that's ever happened,

00:00:11.420 but if you'd like to take this experience up to, oh, I don't know, the heights of a Chinese spy balloon,

00:00:19.100 all you need is a cup or a mug or a glass of tank or chalice or stein, a canteen joke or flask,

00:00:23.820 a vessel of any kind, fill it with your favorite liquid.

00:00:27.380 I like coffee.

00:00:28.420 And join me now for the unparalleled pleasure of the dopamine hit of the day,

00:00:32.220 the thing that makes everything better.

00:00:33.840 It's called the simultaneous sip, and it's going to happen now.

00:00:38.100 Coming at you, hard.

00:00:43.300 Savor it.

00:00:45.000 Savor it.

00:00:46.700 Okay, good.

00:00:50.940 Well, here's the most important question of the day.

00:00:55.120 I know there's a lot of big news.

00:00:56.400 You'll want to hear all of it.

00:00:57.600 We'll talk about it.

00:00:58.960 But I've got to start with the most important one.

00:01:02.140 It was sort of a question I had yesterday, so I tweeted it.

00:01:06.020 If Joe Biden is called POTUS, P-O-T-U-S, and Jill Biden, his wife, is called the FLOTUS,

00:01:13.300 what is Hunter Biden?

00:01:16.700 Anybody have an answer?

00:01:17.920 If Joe Biden is POTUS and Jill Biden is FLOTUS, what is Hunter Biden?

00:01:23.020 I suggested SCROTUS, but I thought that was pretty darn clever until Twitter user David, at David said what,

00:01:37.080 suggested even better than SCROTUS would be SNORTUS.

00:01:41.240 So the POTUS, the FLOTUS, and the SNORTUS.

00:01:47.460 Come on, SNORTUS is pretty good.

00:01:49.920 I wish I'd said that.

00:01:51.080 Well, apparently Biden is going to approve some massive drilling project in Alaska.

00:01:58.560 I did not see that coming.

00:02:01.560 Did anybody see Biden approves massive drilling in Alaska?

00:02:07.360 Is it possible that he always would have?

00:02:12.840 Is it possible that he was always going to approve it, and there's nothing unusual about it?

00:02:18.360 Or is he seeing that he destroyed the world with his energy policy, and he's trying to adjust?

00:02:26.220 Or is it because an election is coming, and he needs to be able to say,

00:02:31.140 I approved all kinds of oil.

00:02:33.340 I approved more oil than Trump did.

00:02:35.520 I think that's the play, right?

00:02:38.340 He just needs to say he approved more oil than Trump did to run for president.

00:02:44.040 Now, here's the question I have.

00:02:46.540 How was it ever possible that activists beat the big oil money lobbying machine?

00:02:57.420 Didn't you always assume that the oil and the energy companies completely controlled Congress,

00:03:02.640 completely controlled the president?

00:03:05.520 But it turns out that Greta, using her as just a symbol of the activists,

00:03:12.240 they were more powerful than the money people for a long time.

00:03:15.320 But maybe that's reversed.

00:03:17.180 It could be that the money people upped their bid.

00:03:21.300 They may have increased their bid.

00:03:23.380 So you never know.

00:03:24.100 This is exactly the kind of story where you think you might know something about it because you read the news.

00:03:30.080 Do you think we understand this story because we read the news?

00:03:33.420 I feel like this is exactly the kind of story where there's layers and variables that we don't know about.

00:03:42.180 Oh, well.

00:03:44.280 I saw a clip from real time.

00:03:46.640 Bill Maher must have aired last night.

00:03:48.460 In which Bill Maher mentions Elon Musk's plan to build a city in Austin that he's calling a utopia.

00:03:58.880 A utopia.

00:04:00.160 And what did his Democrat guests do when Bill Maher said that Musk wants to build a utopia?

00:04:06.740 Let's see if this sounds familiar.

00:04:12.320 They immediately leapt to the idea that utopia was a literal word and not hyperbole.

00:04:22.080 Have you ever seen Democrats not understand the difference between hyperbole when it's really obvious, like utopia?

00:04:30.880 It's sort of an obvious utopia.

00:04:33.000 It's like really, really obvious.

00:04:34.700 And they treated it like he meant it.

00:04:38.340 Like he meant it.

00:04:40.460 So instead of saying, oh, it's a city where costs might be low and it's very efficient,

00:04:48.180 that's probably all Elon means.

00:04:50.420 It's just efficient.

00:04:52.140 It just works well.

00:04:53.240 It's well designed.

00:04:54.880 And they went to, and they actually did the Democrat face.

00:04:58.880 Have you ever seen Democrat face when they don't have an argument?

00:05:01.560 They go to mocking, that mocking, you know, that face.

00:05:15.620 So watching the panel go into Democrat face.

00:05:18.420 And poor Bill Maher, who actually has, you know, some semblance of ability to see the whole field, you know, unlike all of his guests.

00:05:30.280 He's trying to explain to them without ruining their fun that Elon Musk, you know, he did build an electric car you weren't expecting.

00:05:39.000 And he did build a rocket that can land by itself.

00:05:46.120 And he is going to Mars.

00:05:49.900 Maybe the city idea isn't totally crazy.

00:05:54.480 Just putting that out there.

00:05:56.600 Maybe he has some good ideas to build a city.

00:05:59.260 But it's just amazing watching the, like, they have to use their face when they have no argument.

00:06:08.280 You know, you can imagine the mental process.

00:06:11.420 Hearing things I don't like.

00:06:13.540 Must make logical argument to refute.

00:06:16.560 Searching.

00:06:17.380 Searching for logical argument to refute.

00:06:19.940 The concept that Elon Musk might know how to build some things that other people don't know how to build.

00:06:25.100 Don't know what to do.

00:06:26.000 Must default to facial expressions.

00:06:34.540 Now, if you're listening on a podcast, I'm just kidding.

00:06:42.600 I'm canceled on podcasts.

00:06:44.980 Did you know that?

00:06:46.260 Apparently, I think Apple dropped me from the podcast store.

00:06:51.520 It could be a technical problem.

00:06:53.300 It might be a technical problem.

00:06:54.780 But, as far as you know, this is not on podcasts anymore as of a few days ago, right?

00:07:05.300 Can anybody confirm?

00:07:06.760 Yeah, I'm canceled on the Apple store.

00:07:10.760 I think.

00:07:11.760 It could be a technical problem.

00:07:13.500 So, don't assume until I look into it.

00:07:15.440 All right.

00:07:21.060 Elon Musk.

00:07:22.040 All the stories about Elon Musk today.

00:07:24.740 So, Elon Musk tweeted,

00:07:26.460 Free Jacob Chansley, who you know as the QAnon shaman who's in jail for doing nothing dangerous on January 6th

00:07:34.440 and telling people to go home, because Trump tweeted it, and walking around in a friendly manner with the law enforcement people.

00:07:44.540 So, still in jail, and Elon Musk is calling it.

00:07:47.960 And, of course, somebody immediately accused him of being a MAGA guy.

00:07:51.680 Like, that's all Democrats have now is, oh, well, I've got a good insult.

00:07:58.300 How about my insult?

00:07:59.860 I hear your good reasons and your data, but have you seen my ad hominems?

00:08:05.000 Eh?

00:08:05.520 I'd call that a tie.

00:08:07.180 With me a little bit ahead.

00:08:09.080 That's what I call a tie.

00:08:10.120 Can you remind me to say something about equity toward the end?

00:08:17.320 I've got this great equity point that I keep wanting to fit in somewhere, but remind me at the end.

00:08:24.160 All right.

00:08:26.060 So, then Elon tweeted,

00:08:28.300 I'm not part of MAGA, but I do believe in fairness of justice.

00:08:32.480 Chansley was falsely portrayed in the media as a violent criminal who tried to overthrow the state

00:08:36.840 and who urged others to commit violence.

00:08:38.640 That was the exact opposite of who he was.

00:08:41.900 And Elon goes on.

00:08:42.800 But here he is urging people to be peaceful and go home.

00:08:46.200 And the other video shows him calmly walking in the Capitol building,

00:08:50.020 being escorted by officers and then thanking the officers.

00:08:54.800 This is yet another one of those situations where the, you know, internet dads are trying to help.

00:09:01.060 Again, dads is not necessarily just men.

00:09:04.160 But people who have a certain perspective on life.

00:09:07.460 Sort of a dad vibe.

00:09:09.780 And I think Elon has the greatest dad vibe of anybody at this point.

00:09:16.480 Because this is just a personal, this is a non-political opinion.

00:09:20.780 Wouldn't you say?

00:09:23.140 Does anything, does anything, do you think Elon's opinion looks political?

00:09:26.840 I don't see any politics in it whatsoever.

00:09:31.160 Somebody says Spotify was airing my podcast yesterday, so that's good news.

00:09:38.760 Yeah, this is not even, this is not even political.

00:09:41.220 This is about a citizen and the legal system.

00:09:44.180 There's no politics in this whatsoever.

00:09:46.480 You know, the larger event was.

00:09:47.880 But not, not Jacob.

00:09:49.220 Jacob, this is not a political question at all.

00:09:53.540 Now, I got two million views on a tweet where I said that the Republicans should close Congress

00:10:03.140 until they free Jacob Chanceley.

00:10:06.540 And I just don't have a better idea, do you?

00:10:11.080 It would be one thing if there were, if we had some doubt about, well, you know, maybe the legal system should work this out

00:10:18.040 because we don't know all the facts.

00:10:20.320 But we know enough.

00:10:22.220 I feel like we know enough.

00:10:24.560 And there, and by the way, there's no counter narrative that I'm aware of.

00:10:28.480 Have you seen any?

00:10:29.140 Is there any counter narrative that says, oh, yeah, that, that QAnon shaman, he actually stabbed a guy?

00:10:35.880 Nobody's saying that.

00:10:37.580 Nobody's saying that the video is fake.

00:10:40.800 We've now seen enough that reasonable doubt is, reasonable doubt is just so all over this,

00:10:48.740 if not outright the most innocent anybody could be.

00:10:52.620 At the very least, at the very least, you know, he didn't hurt anybody.

00:10:58.280 There's a lot of doubt about whether any crime was committed that he was aware of.

00:11:04.200 I don't think he was aware of any crime.

00:11:06.380 It looked like he was allowed in.

00:11:09.180 You know, that was my take on it.

00:11:10.300 It looked like they didn't mind him being in there.

00:11:12.040 He was going to let him walk around, do your thing, then leave.

00:11:16.860 So do you have a better idea than Republicans just saying, you know, we're done?

00:11:22.880 We're done.

00:11:23.600 Just close Congress.

00:11:24.620 We're not going to take a meeting.

00:11:25.880 We're just going to cancel everything.

00:11:27.180 Cancel all, just clear my schedule.

00:11:29.840 Congress is closed.

00:11:33.800 Now, in a perfect world, it would only take one day for that to work.

00:11:38.560 But I can't think of another idea, can you?

00:11:42.060 I know what won't work, forming a protest and going down to where he's being held.

00:11:48.700 Pretty sure a protest won't help.

00:11:51.600 Am I wrong?

00:11:52.420 There's no way a protest is going to make any difference.

00:11:54.300 They'll just arrest more protesters. 0.97

00:11:56.720 They'll say, oh, there's some more of those mega insurrectionists.

00:11:59.320 Let's get them.

00:12:00.020 Round them up.

00:12:01.020 So that's not going to work.

00:12:02.460 So if you can't protest and the legal system is just clearly broken, I mean, in my opinion,

00:12:09.040 that is just a broken system.

00:12:11.860 We all see it.

00:12:12.960 I don't think there's any ambiguity about this one.

00:12:16.780 We all see it.

00:12:17.700 And I get the argument that most of the ones for being held for nonviolent crimes should be pardoned.

00:12:24.060 I get that.

00:12:25.020 But this one is so plain and so easy and so obvious.

00:12:28.360 How do Republicans let this stand?

00:12:32.620 Not because they're Republicans, mind you, but because they want a justice system that works.

00:12:38.960 It's not even political.

00:12:40.880 Now, I would say everybody in Congress should, you know, do something.

00:12:45.160 But you know the Democrats won't.

00:12:47.160 You know, they just won't.

00:12:48.740 So, I don't know.

00:12:51.080 Do you have a better idea?

00:12:53.060 Do you think we can just let it slide?

00:12:55.280 Is this something we can just let go?

00:12:59.420 And let me answer one critic who said,

00:13:03.100 Scott, do you think this is, like, the most important thing happening?

00:13:08.820 Do you think this is the most, you know, injustice?

00:13:11.740 This is the injustice you decided to focus on?

00:13:15.180 You know, this one person, this one guy?

00:13:18.040 And my response was, no, it's not the only injustice.

00:13:21.960 It's the easiest one to fix.

00:13:24.220 That's what's pissing us off.

00:13:27.800 It's the easiest one to fix, and they're not doing it.

00:13:33.180 Now, the fact that we're not fixing systemic justice or systemic racism overnight, I get that.

00:13:39.980 That's hard.

00:13:41.640 Yeah, that doesn't happen overnight.

00:13:43.220 But this really should happen in an hour.

00:13:45.620 There's no reason he should be in there for one more hour.

00:13:51.060 We all see it.

00:13:52.700 It's obvious.

00:13:54.200 The system is absolutely disrespecting us.

00:13:58.640 This is disrespect of the citizens.

00:14:02.360 Absolute disrespect.

00:14:03.520 And maybe our system needs to learn to respect us.

00:14:12.180 Now, I don't think that the protest would work.

00:14:16.040 I'd like our leaders to shut the government down.

00:14:19.080 Just shut the fucking government. 0.95

00:14:20.640 Because if the government can't fix this fucking thing, I don't want it.

00:14:25.280 I don't even want a government.

00:14:28.340 This is a special note to people who don't understand hyperbole in the wild.

00:14:34.340 Sometimes Scott says things which were intended to make a point that, if it is taken in its literal sense, could be misleading to NPCs and Democrats.

00:14:47.100 This has been a notice for NPCs and people who don't understand hyperbole and context.

00:14:56.040 Except that I do mean shut the government.

00:14:59.820 I literally mean it.

00:15:01.280 I mean, just close the doors, walk away.

00:15:03.540 You need to fix this.

00:15:05.960 We're private.

00:15:08.380 All right, here's a persuasion lesson on spotting word salad. 0.99

00:15:14.240 Now, the way that word salad arises, usually, is from cognitive dissonance.

00:15:21.560 Cognitive dissonance arises from where somebody has a worldview that there sure is right, and then there's really solid evidence that it was never right.

00:15:33.540 Usually, people don't say, oh, wow, I've been wrong for so long, and now I have new information.

00:15:40.160 I completely revise my worldview to make it compatible with this new information, which looks solid.

00:15:46.840 Nobody does that.

00:15:48.580 Nobody does that.

00:15:50.780 All right?

00:15:51.020 What they do instead is they try to argue their old point that's been debunked, except there are no arguments, because the new information obliterates the arguments.

00:16:05.740 So what people will do typically, and not because they're dumb, this is very important.

00:16:11.980 This happens to smart people just as easily as anybody else.

00:16:16.540 They start talking in word salad.

00:16:18.660 So it's words that form sentences, but they're just complete nonsense.

00:16:24.440 And I'm going to give you an example so you can better recognize it in the wild.

00:16:28.840 So this is from Ricky Flores on Twitter.

00:16:33.700 He's responding to my calls for Jacob Chansley to be freed, based on the new video that totally destroys the narrative of January 6th.

00:16:43.660 But we all know there were violence there, that's not the part that's destroyed, just that the general character of the people there was protest and not insurrection, even though some were violent.

00:16:55.320 But Ricky, now evidently, and I say evidently because he's exhibiting the tell for cognitive dissonance, it means that the videos have just messed up his worldview.

00:17:06.200 Watch this answer.

00:17:07.720 Now he's responding to me, and he says, you don't get it, and you never will.

00:17:12.340 What's that?

00:17:12.840 You don't get it, and you never will.

00:17:16.280 That's an ad hominem.

00:17:18.540 Ad hominem.

00:17:19.680 Yeah.

00:17:20.020 If somebody starts with an ad hominem, usually there's a cognitive problem going on.

00:17:26.460 Because when people have reasons, they give the reason first.

00:17:32.220 It's not that people won't insult you.

00:17:35.480 Everybody insults everybody.

00:17:36.960 It's just sort of the way of the world.

00:17:37.960 But when people have a reason to really dunk on you, like, oh, apparently you're forgetting this data.

00:17:43.820 Boom.

00:17:44.660 And then they call you an idiot.

00:17:46.440 Or they might say, well, you're an idiot because of this data.

00:17:49.200 So it's not just the insult, right?

00:17:53.200 It's the insult without anything else.

00:17:55.660 All right.

00:17:57.140 So watch.

00:17:58.420 See if you think the insult gets backed up.

00:18:01.220 All right.

00:18:01.420 You don't get it, and you never will.

00:18:03.580 Access to the Capitol was closed off.

00:18:06.300 The formal affirmation of the will of the people attacked.

00:18:09.940 Law enforcement didn't know how to respond.

00:18:12.680 Never happened in history.

00:18:13.860 There was no playbook.

00:18:15.780 It was still insurrection.

00:18:18.480 Do any of those sentences have anything to do with the other sentences?

00:18:24.960 That's obvious word salad, right?

00:18:26.920 Do you recognize it?

00:18:28.580 Let me break it down again.

00:18:30.440 So here are the parts.

00:18:31.320 You don't get it, and you never will.

00:18:32.500 That's just ad hominem.

00:18:34.020 So we'll see if he backs it up with some kind of data or argument.

00:18:37.080 It says, access to the Capitol was closed off.

00:18:39.940 Check.

00:18:40.380 I know that.

00:18:40.940 The formal affirmation of the will of the people was attacked, meaning the verification

00:18:47.320 or the validation of the vote.

00:18:50.180 Now, is that the way real people talk?

00:18:53.580 Yeah, those people that day, they were attacking the formal affirmation of the will of the people.

00:19:00.900 Do you remember the part of the Constitution that specifies, whatever you do, don't attack

00:19:07.560 the formal affirmation of the will of the people.

00:19:10.940 Well, stay away from the formal affirmation of the will of the people.

00:19:16.180 So that's not, that's what they were there for.

00:19:20.100 They were there to stop the process.

00:19:23.680 Yes, everybody knows that.

00:19:25.720 So, so far, he's insulted me and told me two things that everybody knows.

00:19:29.920 Capitol was closed off, and they were there to stop that process.

00:19:33.420 Then he says, law enforcement didn't know how to respond.

00:19:36.640 Yes.

00:19:37.300 Never happened in history.

00:19:38.700 Yes.

00:19:39.300 There was no playbook.

00:19:40.540 Yes.

00:19:41.360 It was still an insurrection.

00:19:42.640 What?

00:19:44.120 What?

00:19:44.640 What did any of those sentences have to do with supporting that it was an insurrection?

00:19:49.120 He just started out by saying that they were there to attack the affirmation of the will

00:19:56.140 of the people.

00:19:57.800 Well, they were there to delay the day, which is exactly what they said, to make sure everything

00:20:03.820 got done right, if there was a way to check it.

00:20:06.020 So, have I made my case?

00:20:09.980 This is somebody who can put together sentences that are complex.

00:20:14.300 So, we would assume that Ricky has, he's smart.

00:20:18.500 I assume Ricky's smart, because he can put together complex sentences.

00:20:23.480 But, am I wrong that this is word salad?

00:20:28.360 It's actually just nonsense put together.

00:20:31.360 And that's what you look for.

00:20:32.620 You look for the nonsense sentences that are still perfectly well-constructed in terms

00:20:38.980 of grammar.

00:20:39.620 They're just weird.

00:20:42.040 All right.

00:20:44.320 Let's talk about this Silicon Valley bank.

00:20:47.820 So, as most of you know by now, big bank in Silicon Valley, a really big bank, has been

00:20:53.840 taken over by regulators because it's insolvent.

00:20:57.620 And a lot of people are going to lose their money, up to $250,000 per account.

00:21:04.060 That's guaranteed by the government.

00:21:06.500 But, so that's the basic idea.

00:21:08.340 Now, the big question is whether this is part of a, you know, some larger bank run that's

00:21:13.440 going to happen, or if it's a one-off.

00:21:15.600 The quick answer is it's probably a one-off, unless the public imagines it's not.

00:21:23.380 If the public imagines there's a problem, it does become a bank run.

00:21:29.520 If the public doesn't, then it probably won't.

00:21:35.900 Now, let me be very clear.

00:21:39.060 I do not give you financial advice.

00:21:42.660 Do not take my advice on what you should do with your money.

00:21:46.880 I will tell you what I'm doing.

00:21:50.880 Nothing.

00:21:53.100 Except I'm making sure that my accounts, to the degree that I can manage it, I make sure

00:21:59.480 that I don't have too many that are over that limit.

00:22:02.920 So, I might balance two accounts just to get them under that limit.

00:22:06.480 But that's all I would do.

00:22:08.320 Now, here's why.

00:22:10.400 Where would you put your money?

00:22:12.940 Where would you put it?

00:22:13.820 Like, where's the good place to put it?

00:22:18.100 I can't think of one.

00:22:21.920 Now, some people are saying gold and buy shorts and stuff like that.

00:22:28.320 But, you know, that's all just a different kind of risk.

00:22:34.300 Right?

00:22:34.900 So, what happens if I buy a bunch of gold, and it's probably already running up, and then

00:22:39.880 the banks don't fail?

00:22:40.920 Well, I got a bunch of gold that's going to start running back down because the banks

00:22:46.000 didn't fail.

00:22:47.080 So, that's just another risk.

00:22:49.680 Now, you could say, but the bank risk is I'll lose everything.

00:22:56.100 Now, if the big banks fail, it's not a bank problem.

00:23:01.920 I hate to tell you, but if the big banks all fail, or even just most of them or something,

00:23:09.560 that's the end of the game.

00:23:12.440 That's just sort of the end of the game.

00:23:15.200 You know, we're all dead, sort of thing.

00:23:17.120 So, I don't think it's going to happen.

00:23:18.360 So, I think the odds are the banks will take a hit, and then people will do what I did,

00:23:26.860 which is, what's Warren Buffett doing?

00:23:30.860 What's Warren Buffett doing?

00:23:32.760 Did Warren Buffett sell his Wells Fargo stock?

00:23:35.240 He has a ton of Wells Fargo stock, like a lot.

00:23:38.640 Did he sell his Wells Fargo stock?

00:23:40.140 If he doesn't, I'll probably, you know, trust Wells Fargo, because I don't know what's

00:23:47.560 going on, but I think he does.

00:23:49.840 I really don't know what's going on, but I think, you know, Berkshire Hathaway has a

00:23:55.200 better take on it than I do.

00:23:56.920 So, this is a case of the media will be trying to scare people, because they get, you know,

00:24:03.520 the extra clicks.

00:24:05.000 I watched Tucker last night.

00:24:07.240 I had to turn it off.

00:24:08.360 I was, he was just scaring me, but he was scaring me without a basis of facts.

00:24:16.300 You know, it was more like, it could be bad.

00:24:18.920 I get that, right?

00:24:20.880 Everything could be bad.

00:24:22.120 Everything could turn into a disaster, but the more you talk about it, the more you cause

00:24:27.240 it to happen, and so this is going to be sort of a battle for the minds of Americans and

00:24:32.820 others, I guess.

00:24:33.840 It's a battle for minds, and I'm going to be battling on the side.

00:24:38.360 And I hope that the so-called internet dads, the people who are, you know, at least can see

00:24:47.680 the field and are just in it for making the country better.

00:24:51.720 I'm hoping that the internet dads are on the same side, like, calm down, everything will

00:24:58.800 be fine.

00:24:59.420 It was a one-off.

00:25:00.560 There was something about that bank that wasn't like other banks.

00:25:04.360 I don't need to get into the details.

00:25:06.660 But the people who are closest to it see that as something that shouldn't affect other banks

00:25:11.820 unless you think it does.

00:25:14.280 If you think it affects the other banks, then it will, because people will act upon that

00:25:19.520 belief and start taking the money out and stuff.

00:25:22.600 But where are you going to put it?

00:25:24.200 Mattress?

00:25:25.900 I can't think of anything safe.

00:25:28.640 No idea.

00:25:31.080 I mean, I don't even know if buying stocks is a good idea.

00:25:35.000 Is it?

00:25:35.600 I don't know.

00:25:37.020 So don't take my advice about anything.

00:25:39.320 I'm going to be persuading toward calm, but that's not financial advice.

00:25:44.700 Do you get the difference?

00:25:46.280 That's not financial advice.

00:25:48.380 I'm just saying don't buy the degree of the scare.

00:25:54.220 Put it in context.

00:25:56.180 The context is that the media and social media will try to get you scared.

00:25:59.940 So everything looks scarier when the media talks about it.

00:26:06.400 That doesn't mean it won't go bad.

00:26:08.700 I've got to say that a hundred times.

00:26:10.520 I don't know which way things are going to go.

00:26:12.920 If I had to bet on it, well, I am betting on it.

00:26:17.180 I guess I am betting on it.

00:26:18.780 So yeah, I'm basically betting my entire fortune that we'll be okay.

00:26:23.480 I guess I am doing that.

00:26:24.760 I mean, we're all doing that, right?

00:26:26.820 But some people are betting their fortune that it won't be okay.

00:26:29.940 And they're taking their money out.

00:26:31.660 Now, the reason I think it'll be okay is because it has to be.

00:26:36.020 Does that make sense?

00:26:38.440 It has to be.

00:26:40.280 Like, whatever we have to do.

00:26:42.820 This is one of those situations where the government will do whatever it has to do.

00:26:46.840 Like, if they have to send in the military to stand in front of the bank, they'll do that.

00:26:51.360 Like, I don't think they'll do that.

00:26:53.060 But there's probably nothing they won't do.

00:26:55.960 They'll create money out of nothing.

00:26:57.680 They'll put people in jail for saying it's bad, which I don't approve of.

00:27:04.940 But when you get to the point where people will do whatever it takes, that's probably a safer place than you think.

00:27:12.820 Because everybody's going to be on the side of trying to keep the bank solvent.

00:27:16.960 There's nobody on the other side.

00:27:19.200 Like, maybe a few weird investors or something.

00:27:23.160 But basically, everybody wants the banks to survive.

00:27:26.960 So we'll do whatever it takes.

00:27:28.620 And people will jump through as many hoops as they need to make that work.

00:27:32.340 So I'm going to bet on humans this time.

00:27:36.200 Don't always.

00:27:37.580 But this time, I'm going to bet on the, you know, the Adam's Law of slow-moving disasters.

00:27:42.500 And I'm going to believe that this is slow enough.

00:27:47.960 It's not very slow.

00:27:49.920 But it might be slow enough that we can figure out how to, you know, crawl through it.

00:27:55.340 So I think we'll be okay.

00:27:57.580 But do not take my advice.

00:28:00.220 Okay?

00:28:05.100 All right.

00:28:09.700 So it's, of course, turned totally political.

00:28:14.700 So here's what the Democrats are saying.

00:28:16.840 They're saying that Peter Thiel, who once backed Trump, caused the whole thing.

00:28:22.300 It's all Peter Thiel's fault, according to some Democrats.

00:28:26.400 Because his Founders Fund apparently told its members to get their money out because the bank was not solvent.

00:28:35.860 Or soon would not be.

00:28:37.860 So I hate to say it, but this is one of the greatest calls Peter Thiel ever made.

00:28:42.480 And he at least got his own people's money out.

00:28:44.580 But the net effect of that might be crashing all banks.

00:28:48.520 Now, it's not, what he did is not immoral or unethical.

00:28:54.840 It's not.

00:28:55.940 It's a free market.

00:28:57.140 And smart people do what they need to do to protect themselves.

00:29:00.200 It's supposed to work that way.

00:29:02.000 But Democrats are using that as, you know, some ex, I think he's ex-mega.

00:29:08.020 Some ex-mega-looking guy caused it all because rich people are evil or something.

00:29:13.380 But the GOP has a different story, that it's all caused by Biden's inflationary spending, ESG, and maybe more.

00:29:26.860 So here's the argument for Biden inflation.

00:29:29.780 So most of you are not economists, so it's a little hard to understand the story.

00:29:35.920 But let's see if I can simplify it.

00:29:37.720 Banks make money by holding your deposits and paying you less interest rate than they make by using your money to make loans.

00:29:49.040 That's the simplest explanation.

00:29:52.040 But instead of making loans, which might be a good return for their money, and that would be more than they're paying, and then they'd be fine,

00:30:01.340 they took the government's advice and bought these low-interest rate, long-term federal instruments.

00:30:09.560 So they locked themselves into a low interest rate for their income,

00:30:13.820 while the price that they would have to pay for money was moving around and was obviously going to go up.

00:30:21.200 So in other words, the most basic thing a bank does,

00:30:25.200 which is make sure that the money they're paying to people is less than the money they're charging people,

00:30:30.180 they got that wrong.

00:30:35.320 They got that wrong.

00:30:37.060 Now part of it was they predicted wrong, right?

00:30:40.280 They predicted wrong that the interest rates would go up and then they would be locked in.

00:30:46.100 But who didn't know interest rates were going to go up?

00:30:49.220 Like who in the world didn't know that?

00:30:51.840 Everybody knew that.

00:30:53.220 We've been saying for years, and it's just math.

00:30:55.620 If you have enough spending, interest rates are going to go up, inflation, blah, blah, blah.

00:31:00.180 So I think if Biden causes inflation and then the bank did not manage their portfolio correctly in that environment,

00:31:09.980 is maybe a problem that other banks are not going to have.

00:31:15.500 My guess is Wells Fargo didn't do that.

00:31:19.040 Right?

00:31:19.240 My guess is Chase did not do that.

00:31:23.100 I'm pretty sure they didn't.

00:31:25.400 So they should be fine unless everybody panics.

00:31:29.800 Here's the argument for ESG.

00:31:32.040 So we know that the company was like big on signaling their awesome social stuff.

00:31:39.860 You think Yellen didn't know?

00:31:41.500 Well, that's another problem.

00:31:42.580 And if they were focusing on their ESG stuff,

00:31:50.700 were they looking backwards and looking in all the wrong places

00:31:56.200 when they should have been focusing on their banking?

00:31:59.560 So this is Vivek Ramaswamy is making this case.

00:32:03.800 Now, the case is we don't know.

00:32:05.460 We don't know if the ESG policies had an impact,

00:32:09.540 but we do know they were super focused on ESG,

00:32:12.560 which does not keep your bank solvent.

00:32:16.020 And the implication is maybe they should have focused a little bit more on quality.

00:32:21.140 For example, ESG says you want more diversity in your management and everywhere else.

00:32:27.120 So one thing to look at is did they hire unqualified people

00:32:33.320 because they needed diversity and they gave up some competence?

00:32:40.860 That's a really serious question that I'm not allowed to ask.

00:32:46.320 In theory, no matter what you think of anybody's qualities in any group,

00:32:53.980 even if everybody had the same training and competence,

00:33:00.780 like every person in the United States,

00:33:02.720 if you're working toward diversity,

00:33:05.080 you might run out of people because everybody's trying to be diverse.

00:33:09.020 You would run out of the best diverse hires.

00:33:14.560 And then you would naturally have to move down to the second tier

00:33:16.900 to manage your diversity.

00:33:19.420 It's like, oh, you know, Pepsi got all the good diversity hires.

00:33:24.620 But we still need some.

00:33:26.180 So we can't get the A-plus students.

00:33:28.760 And now we're getting the A-minus students.

00:33:30.980 Still good.

00:33:32.420 A-minus is fine.

00:33:34.060 And then you run out of A-minus students.

00:33:37.000 And you're still not diverse.

00:33:39.880 You got to go to B-plus.

00:33:42.080 You get some B-plus students, right?

00:33:44.220 Just talking generically here, not really students.

00:33:46.440 But you get the B-pluses.

00:33:48.500 And here's my question.

00:33:50.280 Do you want your money managed by a B-plus?

00:33:53.700 And again, it has nothing to do with the individuals.

00:33:58.240 I'm saying that math alone, you know, supply and demand,

00:34:03.780 there's an undersupply of people that are in high demand.

00:34:08.580 So in theory, the only way they can solve ESG and look good

00:34:12.300 is to go down to some B-plus competence.

00:34:16.680 And B-plus probably is not enough to keep your bank alive.

00:34:21.120 If you've got B-plus competence, you know, at the teller window,

00:34:25.420 you're probably fine.

00:34:28.080 But if your B-plus competence is managing the entire existence of your bank,

00:34:34.680 you know, maybe you need an A-minus.

00:34:36.740 Maybe you need an A-plus.

00:34:39.140 And again, it has nothing to do with any particular race.

00:34:43.080 It's just a supply and demand.

00:34:45.200 If you run out of supply, you got to go where you can get it,

00:34:49.040 and you're going to go down lower in the competence area.

00:34:52.040 There's no way around that.

00:34:53.000 That's just math.

00:34:53.940 It has nothing to do with race.

00:34:56.680 Or it has nothing to do with racial differences.

00:34:58.680 You would get the same result if you reversed all the races. 0.98

00:35:02.000 All right.

00:35:06.260 In the long run, that should work itself out.

00:35:08.020 But in the short run, it would cause distortions.

00:35:12.160 All right.

00:35:14.200 So I guess I hope the Internet dads win 0.96

00:35:16.620 and convince people to not go nuts today.

00:35:25.000 Yeah.

00:35:26.520 So Jim Cramer had a bad month.

00:35:28.380 You know, people like to dump on Jim Cramer.

00:35:32.260 He always, he recommends stocks.

00:35:34.640 And one of the things I always was amazed about him

00:35:37.060 is you could name any stock.

00:35:40.120 You know, people could call in and say,

00:35:41.640 what about A&B?

00:35:44.060 And Jim Cramer will say with total confidence,

00:35:46.920 A&B has good assets and balance sheet.

00:35:49.540 And then it'll tell you whether to buy them or hold them.

00:35:52.160 And I always thought, how does he do that?

00:35:55.280 There are like 10,000 stocks.

00:35:57.120 And people will just call with any stock,

00:35:59.640 and he can tell you the pros and cons of that stock.

00:36:03.400 Well, it turns out,

00:36:05.900 maybe he had some blind spots,

00:36:09.140 because he recommended people invest in Silicon Valley Bank

00:36:14.620 a few weeks before it went under.

00:36:16.860 Now, that, to be fair to Jim Cramer,

00:36:22.320 to be fair,

00:36:24.420 people who pick stocks and advise on stocks,

00:36:28.520 they usually don't know what's happening in a company.

00:36:31.320 Did you know that?

00:36:32.840 The experts, they usually don't know.

00:36:35.800 They really don't.

00:36:37.460 How would they know?

00:36:39.320 How would they know?

00:36:40.040 Like, even if they talk to the company,

00:36:44.060 do you think the company tells them the truth?

00:36:46.380 If Cramer has lunch with the CEO of a company,

00:36:50.120 is the CEO going to lean over and say,

00:36:52.020 you know, I've got to be honest,

00:36:53.940 our balance sheet looks good on paper,

00:36:56.700 but wait, in a month from now,

00:36:58.300 it's going to go right to the toilet.

00:37:00.400 Who do you talk to?

00:37:02.040 How could Jim Cramer possibly know anything about a company?

00:37:04.780 He only knows what they tell him.

00:37:08.580 And that's usually a lie,

00:37:10.700 because they're, you know, spinning things.

00:37:13.120 So his business model has a flaw

00:37:15.440 that people imagine that anybody can pick stocks accurately.

00:37:20.360 It's not actually even a thing.

00:37:22.700 It's not something that Cramer is doing poorly.

00:37:26.260 It's actually not a thing.

00:37:29.020 Does that make sense?

00:37:30.940 He's in the job of picking stocks

00:37:33.640 and picking individual stocks

00:37:35.840 and winning at it is not even a thing.

00:37:39.940 Ask Warren Buffett.

00:37:41.340 Hey, Warren Buffett,

00:37:42.580 do you think it's a good idea for individual investors

00:37:44.860 to pick individual stocks based on their own research

00:37:47.800 and maybe the advice of experts?

00:37:50.120 He would laugh at you.

00:37:52.020 Warren Buffett would laugh at you

00:37:53.820 for taking anybody's advice,

00:37:56.300 including your own,

00:37:57.980 on buying individual stocks.

00:37:59.660 He says that's a loser's game, basically.

00:38:02.280 That's what fools do.

00:38:03.640 So did Jim Cramer have a bad month

00:38:08.180 or is what he does impossible by definition?

00:38:13.260 Well, not definition,

00:38:14.460 but it's impossible in the real world.

00:38:17.920 So it's just sort of guessing in the end.

00:38:20.960 Yeah.

00:38:21.280 So I'm not sure he had a bad month.

00:38:23.020 I think he was doing something that isn't even possible,

00:38:25.520 and we should not be surprised

00:38:27.760 he didn't succeed this one time.

00:38:29.260 Yeah, I'm sure he's got lots of others wrong.

00:38:33.160 But of course, of course.

00:38:36.780 Somebody asked Elon Musk on Twitter

00:38:38.620 about buying the failed bank

00:38:42.040 and making it a digital bank.

00:38:44.620 Now, that's too big of a question for me

00:38:48.520 to know whether that's a good or bad idea.

00:38:50.240 Digital sounds crypto.

00:38:53.260 Crypto sounds risky.

00:38:55.460 So, you know, my bias is,

00:38:57.400 I don't see how that's going to work.

00:38:59.360 But Elon Musk replies,

00:39:01.800 I'm open to the idea.

00:39:04.000 Now, I don't think it was a joke.

00:39:06.240 I think he was actually open to the idea.

00:39:08.460 So that would be interesting.

00:39:09.640 Imagine if he could buy,

00:39:10.920 let's say, the intellectual property

00:39:12.580 of Silicon Valley Bank,

00:39:14.640 you know, the name and the corporation structure,

00:39:17.880 but not the debts.

00:39:20.640 You know, or not the assets or something.

00:39:25.700 I don't know.

00:39:25.960 I think you could do that.

00:39:27.140 Couldn't you?

00:39:28.660 I don't know.

00:39:29.360 So, but I wonder if there's anything there.

00:39:31.900 Maybe he has an idea

00:39:32.900 for making a digital bank work.

00:39:35.440 Seems like it's all going to be

00:39:36.620 digital money eventually.

00:39:38.640 Let me ask you this.

00:39:39.640 You don't believe

00:39:41.480 you don't believe

00:39:44.500 we'll be using, like, paper money

00:39:46.340 and checks

00:39:49.940 ten years from now, do you?

00:39:52.280 Do you think in ten years

00:39:53.460 we'll be using paper money

00:39:54.580 and writing paper checks?

00:39:57.700 It seems to me that digital money

00:39:59.460 is not a question.

00:40:01.220 It's just a guarantee.

00:40:04.280 Yeah.

00:40:05.020 You do.

00:40:06.080 So, the only reason

00:40:07.520 for keeping digital money

00:40:08.560 is for crime.

00:40:09.640 Am I wrong?

00:40:13.100 I guess you could say privacy.

00:40:16.660 But why do you need privacy

00:40:18.200 if you're not committing a crime?

00:40:21.900 Because it's not like your neighbors

00:40:23.300 are looking at your checking account.

00:40:25.120 It's only the government.

00:40:27.200 The government only cares

00:40:28.560 if you're committing a crime

00:40:29.700 as far as I know.

00:40:31.940 So, yeah.

00:40:33.520 Let me say this.

00:40:35.300 I'm not unambiguously

00:40:36.660 in favor of digital currency

00:40:38.320 because of all the tracking

00:40:39.480 and privacy.

00:40:40.020 I get that.

00:40:40.940 Like, it's creepy

00:40:41.800 and it probably will hurt us.

00:40:44.140 But it is also inevitable.

00:40:47.340 There's no way in the world

00:40:48.460 we're going to keep paper money

00:40:49.760 in the long term.

00:40:52.380 And there's no way in the world

00:40:53.560 we're going to be writing checks

00:40:54.740 in the long term.

00:40:56.460 That's just not going to happen.

00:40:57.520 So, it's one of these arguments

00:41:00.580 where if you're arguing

00:41:01.980 the pros and the cons

00:41:03.140 you're just talking.

00:41:04.780 Because it's not like

00:41:05.640 you're going to stop it.

00:41:07.200 You're not going to stop it.

00:41:08.480 It's just going to happen.

00:41:09.880 There's no way around it.

00:41:13.980 But some of you actually think

00:41:15.180 we'll have paper money

00:41:15.940 in 10 years.

00:41:16.860 If I said 20 years

00:41:18.160 do you think you'll still

00:41:19.040 have paper money?

00:41:19.700 I don't think there's a chance.

00:41:24.180 Yeah.

00:41:24.580 You do?

00:41:25.060 Okay.

00:41:25.780 Well, I mean,

00:41:26.660 I can't see the future.

00:41:28.260 So, maybe you're right.

00:41:29.580 But I'd be super surprised.

00:41:32.860 All right.

00:41:34.160 Speaking of Elon Musk's

00:41:35.700 future city plans,

00:41:38.400 somebody on Twitter said

00:41:39.420 that his brother Kimball

00:41:40.860 is investing in vertical farms

00:41:44.600 which would be an indoor farm,

00:41:46.100 I guess.

00:41:47.100 Is that true?

00:41:48.620 Kimball Musk is investing

00:41:50.380 in vertical farming,

00:41:52.100 indoor farming.

00:41:54.080 I think he follows me on,

00:41:56.800 I think Kimball follows me

00:41:58.260 on Twitter.

00:41:59.000 He tweeted at me the other day.

00:42:01.060 So, I'm going to ask him

00:42:02.220 about that because that's

00:42:03.000 one of my personal interests.

00:42:05.720 I also have a small investment

00:42:06.940 in indoor gardening

00:42:08.720 but smaller scale, obviously.

00:42:13.280 Democrats appear more lost

00:42:15.160 than usual but maybe it's just

00:42:16.540 because of the anecdotal stuff.

00:42:20.020 Representative Sylvia Garcia,

00:42:22.800 you remember she was grilling

00:42:24.320 Matt Taibbi and Michael Schellenberger.

00:42:28.740 And the ridiculousness

00:42:31.060 of her lack of preparation,

00:42:33.960 she believed that those two guys

00:42:36.160 were MAGA.

00:42:38.180 Like, that's not doing

00:42:39.040 any homework at all.

00:42:40.720 She didn't know they were

00:42:41.640 like legitimate,

00:42:42.360 she didn't know

00:42:44.160 they were journalists.

00:42:46.240 Now,

00:42:47.000 if you've been paying attention

00:42:48.840 for the past few years,

00:42:51.420 can you name anybody

00:42:52.460 who is a better journalist

00:42:53.720 than either one of them?

00:42:57.120 Like, who's beating them?

00:43:00.980 You know, Glenn Greenwald, maybe?

00:43:03.180 You know, Barry Weiss?

00:43:04.940 Yeah, Barry Weiss,

00:43:06.040 Glenn Greenwald.

00:43:06.600 But there's a very...

00:43:09.560 There are only maybe

00:43:10.580 ten journalists in the country

00:43:13.940 who are not absolute garbage.

00:43:16.380 Am I wrong?

00:43:17.960 There are probably ten good journalists

00:43:19.520 in the whole fucking country.

00:43:21.160 And they're right at the top

00:43:22.760 of the best journalists

00:43:24.820 in the whole country.

00:43:26.580 It's just crazy.

00:43:28.340 And Democrats don't even know it. 0.79

00:43:30.580 Like, they didn't even know their names.

00:43:32.500 It was crazy.

00:43:35.620 I mean, I'm not wrong.

00:43:36.680 There are only ten, like,

00:43:38.160 really useful journalists

00:43:40.480 in the country.

00:43:41.460 And they're definitely

00:43:42.360 in the top ten.

00:43:45.040 So, that's crazy.

00:43:50.420 And...

00:43:50.980 All right.

00:43:55.240 I'm going to show you

00:43:55.840 a couple of comics

00:43:56.740 that I did

00:43:57.440 for the locals

00:43:58.660 subscription group.

00:44:00.180 By the way,

00:44:00.980 the only place

00:44:01.840 you'll be able to see

00:44:02.780 Dilbert on Monday

00:44:04.500 of this coming week

00:44:06.000 will be on the locals

00:44:07.900 subscription site.

00:44:10.080 Five bucks a month

00:44:11.040 if you buy

00:44:11.440 an annual membership.

00:44:14.020 And for that,

00:44:14.840 you would see

00:44:15.200 not only the only

00:44:16.200 new Dilberts,

00:44:16.960 which will be called

00:44:17.580 Dilbert Reborn,

00:44:19.360 and it will be edgier

00:44:20.300 and spicier 0.94

00:44:21.000 because it's not

00:44:22.140 subject to the

00:44:24.200 editorial control

00:44:25.500 of newspapers.

00:44:26.560 Finally, I'm free.

00:44:28.480 And it also includes

00:44:29.920 my side comic

00:44:31.260 of Robots Read News

00:44:32.540 that I do once in a while

00:44:33.560 and also my micro-lessons,

00:44:36.420 which I'll be adding two.

00:44:37.360 I think I'll be adding

00:44:37.960 one today.

00:44:39.140 Over 200 micro-lessons,

00:44:40.720 two to four minutes.

00:44:41.860 Each one will give you

00:44:42.720 a life skill

00:44:43.540 that will change you forever.

00:44:46.200 Change you forever.

00:44:47.740 But...

00:44:48.420 And there's a lot more

00:44:49.500 on there.

00:44:51.120 Commentary, etc.

00:44:52.820 So, it's all the good stuff.

00:44:55.460 But here's some

00:44:56.100 Robots Read News

00:44:57.300 jokes that I read

00:44:58.240 that I wrote about

00:44:59.400 Silicon Valley Bank

00:45:00.380 before I realized

00:45:01.240 how bad it was.

00:45:02.620 I'm not sure I would have

00:45:03.660 written these jokes

00:45:04.660 when I had...

00:45:07.260 You know, it was sort of

00:45:07.820 when the news first broke.

00:45:09.660 But when you actually

00:45:10.380 think of the real-life

00:45:12.340 impact on real

00:45:13.700 citizens of the country,

00:45:15.940 some of whom

00:45:16.620 lost everything.

00:45:18.240 Like, it's not funny.

00:45:20.080 Right?

00:45:20.440 So, just to be clear,

00:45:22.580 it's not funny

00:45:23.640 what happened to the people

00:45:24.980 who lost their money.

00:45:26.260 You know, it's easy to say,

00:45:27.140 oh, you rich investors

00:45:28.420 lost some money,

00:45:29.380 blah, blah, blah.

00:45:30.080 But it's not all

00:45:30.980 rich investors.

00:45:32.240 Right?

00:45:32.520 There are real people

00:45:33.400 who just got killed in that.

00:45:35.580 But,

00:45:37.280 it doesn't mean

00:45:38.600 that there aren't

00:45:39.560 funny things to be said.

00:45:40.920 So, here on Robots Read News

00:45:42.600 where the robot

00:45:43.140 is always the same,

00:45:43.920 he never moves,

00:45:44.500 he just reads the news.

00:45:46.180 The first one I tried was,

00:45:47.600 and I wrote these

00:45:48.440 in concert with the

00:45:50.600 people and locals

00:45:52.240 who subscribe.

00:45:53.560 So, I was in my man cave

00:45:54.660 last night,

00:45:55.660 just turned it on,

00:45:56.540 and I had them

00:45:57.020 help me write these.

00:45:58.220 So, this is a combination

00:45:59.160 of my writing

00:46:00.140 plus suggestions

00:46:01.440 and input from them.

00:46:03.520 All right,

00:46:03.740 so the robot says,

00:46:04.680 Silicon Valley Bank

00:46:06.100 has been shut down

00:46:07.000 by regulators.

00:46:08.300 Their big mistake

00:46:09.220 was investing

00:46:10.060 all of their money

00:46:10.880 in saucer-shaped

00:46:12.260 weather balloons,

00:46:13.400 Nord Stream 2,

00:46:14.440 and Dilber NFTs.

00:46:16.480 Their only remaining assets

00:46:18.040 are Hunter Biden

00:46:19.040 paintings he made

00:46:19.920 with his penis. 0.99

00:46:20.500 So, that was

00:46:24.600 with the help

00:46:25.060 of the locals' people.

00:46:26.940 But then we thought

00:46:27.980 of another one

00:46:28.620 that seemed even funnier.

00:46:30.620 So, I just wrote

00:46:31.420 another one.

00:46:32.480 And that's the beauty

00:46:33.280 of Robots Read News.

00:46:34.840 I can crank one out

00:46:36.240 in 10 minutes

00:46:36.820 and have it published.

00:46:38.820 So, the robot says,

00:46:40.380 Silicon Valley Bank

00:46:41.320 has been shut down

00:46:42.160 by regulators.

00:46:43.500 In related news,

00:46:44.680 the Silicon Valley Sperm Bank

00:46:46.220 is also insolvent

00:46:47.320 because of a lack

00:46:49.440 of donor liquidity.

00:46:54.440 Lack of donor liquidity.

00:46:57.680 Well,

00:46:58.440 if I had all of my money

00:47:00.260 in Silicon Valley Bank,

00:47:02.540 I don't think I could,

00:47:04.260 I don't even think

00:47:05.760 I could jerk off.

00:47:08.600 And I could do that

00:47:09.580 when I've got the flu.

00:47:11.820 I could masturbate

00:47:13.000 when I have the flu.

00:47:14.240 But if I had all my money

00:47:16.060 in the Silicon Valley Bank,

00:47:17.800 I think I'd be,

00:47:19.120 I think my liquidity

00:47:20.540 would be drying up

00:47:21.440 pretty quickly.

00:47:22.900 So, anyway.

00:47:24.220 So, the,

00:47:25.100 here's a lesson

00:47:26.600 on writing a joke.

00:47:28.740 Here's a joke writing lesson.

00:47:29.880 I taught this to the,

00:47:30.720 to the locals' people

00:47:32.220 last night.

00:47:33.400 The, the punchline here

00:47:34.880 about the lack

00:47:36.060 of donor liquidity

00:47:37.040 requires you to do

00:47:38.980 an extra bit of thinking

00:47:40.420 on your own.

00:47:41.700 So, instead of just

00:47:42.540 giving you the punchline,

00:47:43.500 here it is, ha ha,

00:47:44.340 I give you the punchline

00:47:46.300 and you go,

00:47:46.900 what's he mean by that?

00:47:48.300 Oh, I get it.

00:47:49.740 And it's that little bit of

00:47:50.900 what's he mean?

00:47:52.320 Yeah, like the people

00:47:53.600 are so upset

00:47:54.220 they're dehydrated

00:47:55.120 and they can't function

00:47:56.100 and stuff.

00:47:57.080 So, it takes you

00:47:57.940 just a little bit of time,

00:48:00.080 a little bit of time

00:48:01.600 to like connect the dots

00:48:03.420 and that's what makes it funny.

00:48:05.220 It's that little time

00:48:06.080 that connected the dots.

00:48:08.140 So, that's your lesson.

00:48:09.460 Now, I promise you

00:48:10.540 I'd give you another lesson.

00:48:12.020 So, you learn about

00:48:12.880 word salad

00:48:14.020 and how to write a joke

00:48:15.020 and now you're going to

00:48:15.620 learn how to spot an NPC.

00:48:17.900 The NPCs are so consistent

00:48:19.680 that I started making a list

00:48:21.460 of the things they say

00:48:23.040 so you can spot them too.

00:48:25.060 Here are things

00:48:25.880 that NPCs say

00:48:27.140 that identify them

00:48:28.740 as NPCs

00:48:29.700 and you can just ignore them

00:48:31.360 from that point on.

00:48:32.640 It makes them funny.

00:48:33.900 So, this is kind of a reframe.

00:48:36.360 If you think your critics

00:48:37.860 are well-meaning citizens

00:48:40.400 who have a bad feeling

00:48:41.520 about you

00:48:42.120 that's going to make

00:48:43.540 you feel bad.

00:48:44.680 I hate it when citizens

00:48:45.880 have a bad feeling

00:48:46.800 about me.

00:48:47.500 I don't like it at all.

00:48:49.240 But, if I knew that

00:48:50.520 the person who was

00:48:51.340 criticizing me

00:48:52.200 was an NPC

00:48:54.040 and not a player

00:48:55.100 I'd say

00:48:55.840 oh, okay

00:48:56.460 that's just

00:48:56.980 background scenery.

00:48:59.500 So, here are some things

00:49:00.680 to recognize

00:49:01.300 the background scenery

00:49:02.400 of an NPC.

00:49:04.480 You're just an apologist.

00:49:07.860 Okay.

00:49:09.500 Well, maybe I just

00:49:10.400 have an opinion.

00:49:12.300 Maybe I just have

00:49:13.300 a different opinion.

00:49:14.660 How about that?

00:49:15.860 How about I think

00:49:16.660 differently than you do?

00:49:17.940 Maybe that's the entire story.

00:49:19.860 Maybe I'm not

00:49:20.440 an apologist.

00:49:22.080 Or how about

00:49:22.560 you're a fence sitter. 0.59

00:49:23.960 You're a racist.

00:49:25.660 Keep digging.

00:49:26.940 Walking it back.

00:49:28.680 Flip-flopping.

00:49:29.980 And then my two favorites.

00:49:31.480 You're afraid of

00:49:32.560 whatever.

00:49:34.340 The mind reading.

00:49:35.800 You're afraid of

00:49:37.120 what you really think is

00:49:41.020 no, I said

00:49:42.980 what I really think.

00:49:44.880 Or, I saw the video

00:49:46.680 there is no other way

00:49:47.920 to interpret it.

00:49:50.440 Yeah, there's another way

00:49:51.620 to interpret it.

00:49:52.760 It's edited

00:49:53.360 to reverse the meaning.

00:49:55.220 That's the other way.

00:49:56.580 Pretty easy.

00:49:57.760 It didn't take any work

00:49:58.960 at all.

00:50:00.220 Or how about

00:50:00.860 you said

00:50:02.440 all of the people

00:50:03.420 in that group.

00:50:04.100 When you said

00:50:05.760 black people

00:50:06.340 like hip-hop music,

00:50:07.760 you were saying

00:50:08.600 all of them

00:50:09.320 and that's racist.

00:50:11.060 No, no.

00:50:12.020 Nobody means all of them.

00:50:13.760 No matter what they say,

00:50:15.060 they never mean all of them.

00:50:16.640 Doesn't mean

00:50:17.180 just black people.

00:50:18.440 Doesn't mean

00:50:18.920 just MAGA people.

00:50:20.100 It's never all of them.

00:50:21.840 It's never,

00:50:22.780 ever all of them.

00:50:24.240 Only NPCs say that.

00:50:25.980 And, you're only doing

00:50:29.580 this for clicks.

00:50:30.880 This is what I'm getting now.

00:50:33.360 So, you know,

00:50:34.180 I'm saying some more

00:50:35.020 provocative thing

00:50:35.960 in the minds

00:50:36.800 of other people.

00:50:37.880 And they're saying

00:50:38.380 you're just doing it

00:50:39.120 for clicks.

00:50:40.760 That's a little

00:50:41.700 lacking all the variables.

00:50:45.600 There are more variables

00:50:46.840 than clicks.

00:50:48.600 But the NPCs

00:50:49.760 can handle

00:50:50.100 one variable at a time.

00:50:51.380 So that's how you spot them.

00:50:52.120 All right.

00:50:55.620 Here's some of the

00:50:56.720 imaginary problems

00:50:58.200 that Democrats

00:50:58.720 are working about.

00:51:01.700 The Democrats

00:51:03.660 are very worked up

00:51:04.700 about two imaginary

00:51:05.780 MAGA guys,

00:51:07.620 Matt Taibbi

00:51:08.300 and Michael Schellenberger.

00:51:10.380 They're imaginary.

00:51:11.960 Now, the people exist,

00:51:14.060 but they've never been

00:51:15.480 associated with MAGA.

00:51:18.620 But the Democrats

00:51:20.220 want to get rid

00:51:20.800 of those MAGA guys

00:51:22.020 that don't exist.

00:51:25.020 Biden is talking out

00:51:27.000 against the imaginary

00:51:27.960 GOP plan

00:51:29.860 to defund the police,

00:51:31.240 which, as you know,

00:51:32.720 not only doesn't exist,

00:51:34.620 it's the literal opposite

00:51:35.840 of the GOP opinion,

00:51:37.540 which is,

00:51:38.500 let's fund those police

00:51:39.260 some more.

00:51:40.400 But the Democrats

00:51:41.600 have an imaginary

00:51:42.800 task there to beat.

00:51:45.060 And then they're working

00:51:46.140 on the imaginary

00:51:46.980 insurrection led

00:51:47.800 by the imaginary

00:51:48.520 bad guy,

00:51:49.280 QAnon Shaman.

00:51:50.280 Do Republicans

00:51:54.540 work on that many

00:51:55.740 imaginary problems?

00:51:58.800 Like, does it work

00:51:59.840 both ways?

00:52:01.160 It might.

00:52:02.540 It might.

00:52:03.160 It might work

00:52:03.900 both ways.

00:52:04.960 But I'm only noticing

00:52:06.840 it on one side.

00:52:07.680 I feel like when

00:52:10.840 Republicans complain

00:52:15.620 about something,

00:52:17.280 they might be

00:52:18.160 exaggerating it.

00:52:19.960 Would that be fair?

00:52:21.220 Because in politics,

00:52:22.120 everybody exaggerates

00:52:23.020 everything.

00:52:24.080 So probably

00:52:24.780 some exaggeration.

00:52:26.560 But do the Republicans

00:52:27.780 fight imaginary problems?

00:52:29.520 is that a thing?

00:52:32.940 And, well,

00:52:33.800 I guess they do.

00:52:35.340 Yeah, I guess they do.

00:52:36.140 If it's based

00:52:37.680 on a conspiracy theory.

00:52:40.000 But if it's not

00:52:40.840 based on a conspiracy

00:52:41.800 theory,

00:52:43.640 like,

00:52:43.860 it's just the news,

00:52:46.260 do Republicans

00:52:47.460 hallucinate

00:52:48.160 just ordinary news?

00:52:51.260 Oh,

00:52:51.900 it feels like

00:52:52.580 there's a difference.

00:52:55.160 All right,

00:52:55.340 here's another story.

00:52:56.080 Oh,

00:52:59.180 I like this quote

00:53:00.060 by H.L. Mencken.

00:53:01.200 I saw

00:53:01.360 Nathaniel

00:53:02.800 Eliasson

00:53:03.980 tweeted this.

00:53:06.500 The whole,

00:53:06.940 this is a quote,

00:53:07.840 the whole aim

00:53:08.400 of practical politics

00:53:09.660 is to keep

00:53:10.660 the populace

00:53:11.360 alarmed

00:53:11.880 and hence

00:53:12.860 clamorous

00:53:13.700 to be led

00:53:14.400 to safety

00:53:15.300 by menacing it

00:53:16.660 with endless series

00:53:17.600 of hobgoblins,

00:53:18.940 all of them

00:53:19.520 imaginary.

00:53:22.180 That feels,

00:53:22.960 that feels like

00:53:24.360 politics, right?

00:53:25.080 That all of our

00:53:26.620 problems

00:53:27.080 that are surfaced,

00:53:29.140 it's not all

00:53:29.820 of our problems,

00:53:30.480 but the ones

00:53:30.840 that are surfaced

00:53:31.520 in politics

00:53:32.100 are imaginary.

00:53:33.880 It's an imaginary

00:53:34.700 threat from over there

00:53:35.880 and we better

00:53:36.300 attack them.

00:53:37.760 Probably true.

00:53:39.420 Pretty imaginary.

00:53:41.340 All right,

00:53:41.800 this is a surprise

00:53:43.220 in the news.

00:53:44.820 China

00:53:45.240 brokered a deal

00:53:46.240 between Saudi Arabia

00:53:47.320 and Iran

00:53:47.940 to

00:53:49.120 reopen

00:53:50.600 diplomatic

00:53:51.320 connections,

00:53:52.120 but that's not

00:53:52.560 the big part.

00:53:53.100 the big part

00:53:54.780 is

00:53:55.160 they

00:53:55.660 broke it

00:53:56.560 at an end

00:53:57.000 to the Yemen

00:53:57.880 civil war.

00:53:59.320 Or not an end

00:53:59.920 to it,

00:54:00.220 but that

00:54:00.740 Iran would 1.00

00:54:02.020 stop backing

00:54:02.800 the

00:54:03.240 Houthi rebels

00:54:04.920 that were

00:54:05.280 attacking

00:54:05.680 Saudi Arabia.

00:54:07.480 That's like

00:54:08.060 a big deal,

00:54:08.840 isn't it?

00:54:10.580 That

00:54:10.920 Saudi Arabia

00:54:13.180 and Iran

00:54:13.660 can talk again.

00:54:14.920 And the reason

00:54:15.640 they can talk

00:54:16.420 is that China

00:54:17.620 helped them

00:54:18.080 solve a war.

00:54:18.760 I mean,

00:54:21.720 I hate to say

00:54:22.840 good job

00:54:23.540 China,

00:54:24.760 but that

00:54:25.920 was a good

00:54:26.380 job.

00:54:27.200 And I think

00:54:27.700 that China 0.93

00:54:28.080 probably used

00:54:28.700 their economic

00:54:29.280 clout on both

00:54:30.220 countries,

00:54:30.700 right?

00:54:31.380 Because Iran 0.98

00:54:32.180 needs to sell

00:54:33.060 to China.

00:54:33.940 I assume

00:54:34.460 the Saudis

00:54:34.940 do.

00:54:36.540 So that

00:54:38.040 was just

00:54:38.420 good work.

00:54:40.600 It's weird.

00:54:41.540 I mean,

00:54:41.740 I don't want

00:54:41.980 to say

00:54:42.200 something bad

00:54:42.800 about it,

00:54:43.220 but it looks

00:54:43.940 like good

00:54:44.360 work

00:54:44.740 to me.

00:54:46.080 And I

00:54:47.200 don't know

00:54:47.480 if Iran 0.82

00:54:47.900 is more

00:54:48.480 or less

00:54:48.980 dangerous

00:54:49.500 if they

00:54:50.220 get along

00:54:50.640 with Saudi

00:54:51.100 Arabia.

00:54:52.140 But maybe

00:54:52.880 less.

00:54:54.280 Maybe.

00:54:55.500 Now,

00:54:55.820 I suppose

00:54:56.160 we could

00:54:56.500 argue,

00:54:56.980 oh,

00:54:57.180 we need

00:54:57.500 Saudi

00:54:57.780 Arabia

00:54:58.080 to be

00:54:58.420 tough

00:54:58.680 on Iran

00:54:59.180 with us.

00:55:02.040 But it's

00:55:02.660 also possible

00:55:03.440 that Iran 0.91

00:55:04.200 has decided

00:55:04.820 that being

00:55:05.800 adventurous

00:55:06.300 is not

00:55:06.880 working for

00:55:07.420 them.

00:55:08.000 It's possible.

00:55:09.780 So I guess

00:55:10.540 it's too early

00:55:11.140 in this story

00:55:11.660 to know if

00:55:12.120 this is good

00:55:12.600 or bad.

00:55:13.600 But I'm

00:55:14.820 going to give

00:55:15.100 Trident credit.

00:55:16.080 Got to give

00:55:16.480 China credit.

00:55:17.460 Nobody's a

00:55:17.940 bigger critic.

00:55:18.980 But that looked

00:55:19.780 like a smart

00:55:20.560 and just a

00:55:21.400 business thing

00:55:21.940 to do.

00:55:22.720 Now,

00:55:22.940 the one thing

00:55:23.360 that I'm

00:55:23.800 always impressed

00:55:24.500 about Saudi

00:55:25.340 Arabia,

00:55:26.640 especially with

00:55:27.400 their new

00:55:27.720 leader,

00:55:28.540 when he's

00:55:29.200 not cutting

00:55:29.680 up people

00:55:30.140 with a

00:55:30.400 bone saw,

00:55:31.800 he seems

00:55:32.280 to be a

00:55:33.260 real practical

00:55:34.020 business person,

00:55:35.360 the crown prince

00:55:36.300 of Saudi Arabia.

00:55:37.640 It seems like

00:55:38.480 he's a negotiator,

00:55:39.440 a dealmaker.

00:55:41.220 You know,

00:55:41.460 you could

00:55:41.780 criticize him

00:55:42.660 for all the

00:55:44.460 other things

00:55:44.940 that you don't

00:55:45.280 like.

00:55:46.080 That's fine.

00:55:47.040 But he does

00:55:47.700 seem to be a

00:55:48.200 dealmaker.

00:55:49.580 So that's a

00:55:51.020 positive thing.

00:55:54.100 All right.

00:55:55.060 Well,

00:55:55.540 that,

00:55:55.800 ladies and 0.98

00:55:56.080 gentlemen,

00:55:56.480 is all I

00:55:57.100 needed to say

00:55:57.700 today.

00:55:58.220 But I said

00:55:58.900 to remind me

00:56:00.540 something about

00:56:01.180 equity.

00:56:01.720 let's see.

00:56:06.980 Okay.

00:56:09.140 Here it is.

00:56:11.480 You ready for

00:56:12.040 this?

00:56:16.740 When black

00:56:17.940 Americans

00:56:18.500 focused on

00:56:21.520 sports,

00:56:23.700 let's say

00:56:24.120 when it was

00:56:24.860 finally allowed

00:56:27.240 that black 1.00

00:56:27.760 athletes could 0.98

00:56:28.480 fully compete,

00:56:29.360 would you

00:56:30.460 agree that

00:56:30.940 they ended

00:56:31.260 up dominating

00:56:31.920 sports?

00:56:33.500 Maybe not

00:56:34.000 every sport,

00:56:35.360 but, you

00:56:35.720 know,

00:56:35.800 some of

00:56:36.140 our major

00:56:36.480 sports.

00:56:38.080 I would say

00:56:38.500 so.

00:56:38.820 As a percentage

00:56:40.180 of the population,

00:56:41.300 I would say

00:56:41.580 they dominated.

00:56:42.940 When black

00:56:45.280 Americans invented 0.99

00:56:46.260 hip-hop,

00:56:48.880 wouldn't you

00:56:49.340 agree that,

00:56:50.040 at least for

00:56:50.520 young people,

00:56:51.940 it's the

00:56:52.400 dominant form

00:56:53.140 of music?

00:56:53.620 So they

00:56:55.920 focused on

00:56:56.420 music and

00:56:57.000 they dominated.

00:56:59.300 Would you

00:56:59.580 agree that

00:57:00.400 black people

00:57:01.140 are more

00:57:01.480 fashionable than

00:57:02.340 white people?

00:57:03.840 I'm not even

00:57:04.400 going to listen

00:57:04.800 to your answer.

00:57:05.380 The answer is

00:57:05.820 yes.

00:57:07.240 Yes.

00:57:09.440 Like,

00:57:10.160 you play this

00:57:12.060 game,

00:57:12.520 go out in

00:57:12.900 public,

00:57:13.500 if you're a

00:57:14.280 generic white

00:57:14.860 guy in khakis,

00:57:16.020 right?

00:57:16.700 Like,

00:57:17.120 play this game.

00:57:18.400 Walk around

00:57:18.820 in public where

00:57:20.260 there's a mix

00:57:20.880 of people and

00:57:22.120 find any black

00:57:23.260 guy who is

00:57:24.540 dressed less

00:57:25.520 fashionably than

00:57:26.460 you are.

00:57:28.620 Good luck.

00:57:30.000 Good luck.

00:57:30.640 I mean,

00:57:30.840 it might be a

00:57:31.320 tie in some

00:57:32.020 cases,

00:57:33.140 but,

00:57:34.220 yeah.

00:57:34.760 Yeah.

00:57:35.620 Now,

00:57:36.880 now,

00:57:39.320 the big

00:57:39.680 problem is

00:57:40.940 that you

00:57:41.660 don't see

00:57:42.240 black America

00:57:43.220 making as

00:57:44.460 much money,

00:57:45.880 right?

00:57:46.400 And some

00:57:47.040 of that is

00:57:47.440 lack of

00:57:48.200 access to

00:57:48.760 education,

00:57:49.360 et cetera.

00:57:51.000 Systemic

00:57:51.520 racism,

00:57:52.180 blah,

00:57:52.340 blah,

00:57:52.460 blah.

00:57:52.560 But here's

00:57:53.640 what I also

00:57:54.220 can't help

00:57:55.980 but notice.

00:57:57.600 It's also

00:57:58.280 not a focus.

00:58:00.340 Am I

00:58:00.900 wrong?

00:58:04.460 Am I

00:58:05.060 wrong to

00:58:05.420 say that

00:58:05.980 black America,

00:58:07.800 I lost the

00:58:08.480 connection on

00:58:09.000 locals?

00:58:09.800 Locals' 0.86

00:58:10.300 fee just

00:58:10.660 died.

00:58:12.520 Huh.

00:58:13.760 I might

00:58:14.380 have to

00:58:14.880 quit it

00:58:16.260 and restart

00:58:16.680 it?

00:58:17.840 Looks like

00:58:18.480 it's dead.

00:58:20.260 See what

00:58:20.640 happens if

00:58:21.260 I do

00:58:24.100 this.

00:58:28.980 I don't

00:58:30.900 know.

00:58:31.400 Let's see

00:58:31.960 if I can

00:58:32.260 fix a little

00:58:32.980 technical problem

00:58:33.620 here.

00:58:34.600 There's probably

00:58:35.180 so much traffic

00:58:35.980 on locals.

00:58:37.440 I'm driving

00:58:38.220 a lot of

00:58:38.560 traffic to

00:58:39.000 locals.

00:58:41.060 All right,

00:58:41.360 I don't know

00:58:41.800 if they can

00:58:42.200 see.

00:58:42.700 I can't see

00:58:43.160 their comments,

00:58:44.360 so it might

00:58:45.300 be just a

00:58:45.720 comment problem.

00:58:46.280 All right,

00:58:47.760 so to

00:58:48.080 finish my

00:58:48.560 point,

00:58:49.300 black America

00:58:49.880 focused on

00:58:50.860 sports when

00:58:51.600 they were

00:58:51.840 allowed to

00:58:52.660 fully participate.

00:58:54.040 They

00:58:54.320 dominate.

00:58:55.120 Focus on

00:58:55.840 music?

00:58:56.900 Dominate.

00:58:57.780 Focus on

00:58:58.400 fashion?

00:58:59.540 Dominate.

00:59:00.900 Do they

00:59:01.260 focus on

00:59:02.120 making money

00:59:03.220 in the

00:59:05.120 normal economy

00:59:05.860 way and

00:59:06.600 going to

00:59:06.980 college?

00:59:08.120 I don't

00:59:08.940 see it.

00:59:10.040 Do you?

00:59:10.360 So here's

00:59:13.120 my question.

00:59:15.380 Why don't

00:59:16.200 black Americans

00:59:17.940 understand that

00:59:19.140 every time they

00:59:19.760 focused on

00:59:20.360 something,

00:59:20.800 they dominate

00:59:21.240 it?

00:59:22.740 If black 0.95

00:59:23.640 America took 0.93

00:59:24.380 my advice,

00:59:25.580 which it

00:59:26.000 won't,

00:59:27.080 on how to

00:59:28.020 succeed,

00:59:30.100 basically just

00:59:30.900 a normal

00:59:31.940 toolkit that

00:59:33.000 everybody uses

00:59:33.740 when they

00:59:34.160 succeed.

00:59:35.120 Nothing special

00:59:36.060 for black or

00:59:36.860 white people.

00:59:37.560 It's just the

00:59:38.100 basics of how

00:59:39.460 anybody succeeds.

00:59:40.360 If black 0.95

00:59:42.500 America focused

00:59:43.440 on the basics

00:59:44.220 of how to

00:59:44.680 succeed,

00:59:46.040 they would

00:59:47.340 dominate

00:59:47.760 business.

00:59:49.880 They would

00:59:50.180 dominate.

00:59:51.240 And the

00:59:51.520 reason is that

00:59:52.060 the white

00:59:52.320 people aren't

00:59:52.720 doing that.

00:59:53.740 Now white 0.55

00:59:54.040 people get

00:59:54.520 more accidental

00:59:55.920 exposure to

00:59:56.740 the techniques

00:59:57.340 because there

00:59:58.100 are more

00:59:58.340 successful people

00:59:59.180 in their

00:59:59.460 community,

01:00:00.120 statistically.

01:00:02.120 But there's

01:00:03.980 some kind of

01:00:04.520 weird assumption

01:00:05.240 that systemic

01:00:08.500 racism is

01:00:09.360 holding black

01:00:10.120 America back.

01:00:11.920 And of

01:00:12.360 course it

01:00:12.660 is.

01:00:13.340 That's a

01:00:14.000 fact.

01:00:15.120 But how

01:00:16.220 much?

01:00:17.700 How much?

01:00:18.920 Because wasn't

01:00:20.220 there systemic

01:00:20.860 racism in all

01:00:21.840 the things I

01:00:22.340 mentioned?

01:00:23.580 Was there not

01:00:24.460 systemic racism

01:00:25.580 in sports even

01:00:26.560 when it was

01:00:27.080 legal for

01:00:28.720 everybody to

01:00:29.440 participate?

01:00:30.920 There must have

01:00:31.400 been a ton.

01:00:32.440 There must have

01:00:32.860 been a ton of

01:00:33.420 it.

01:00:34.200 And they

01:00:34.620 dominated.

01:00:35.880 Fashion, music,

01:00:36.940 still dominated.

01:00:39.180 So why do

01:00:42.000 you imagine

01:00:43.160 that focusing

01:00:44.460 on something

01:00:45.320 else, tools

01:00:46.680 for success,

01:00:47.440 would not make

01:00:47.940 them dominate the

01:00:48.700 economy as well?

01:00:50.580 Now here's the

01:00:52.360 thing that if

01:00:53.540 you want to go

01:00:54.020 racist, you 0.51

01:00:55.000 could say,

01:00:55.400 oh, Steve

01:00:56.960 Jobs was

01:00:57.900 white and

01:00:58.740 Bill Gates

01:00:59.760 was white and

01:01:00.600 so the big

01:01:03.200 billionaire,

01:01:04.000 successful people,

01:01:05.100 blah, blah, blah.

01:01:06.020 Well, you're

01:01:06.960 not one of

01:01:07.440 those.

01:01:09.020 You're not

01:01:09.420 one of those.

01:01:10.620 Most people

01:01:11.180 are just

01:01:11.480 normal people

01:01:12.100 with jobs.

01:01:14.020 In the real

01:01:15.120 world of

01:01:15.720 normal people

01:01:16.360 with jobs,

01:01:17.040 you know,

01:01:17.260 99% of the

01:01:18.240 world, and

01:01:18.820 job would be

01:01:19.560 small business

01:01:20.280 as well,

01:01:21.440 people aren't

01:01:23.140 that different.

01:01:24.700 Right?

01:01:25.740 I know I'm

01:01:27.160 different from

01:01:28.000 Elon Musk and

01:01:29.080 Bill Gates and

01:01:30.280 Steve Jobs.

01:01:31.960 Like, I see

01:01:33.040 them operating

01:01:33.720 on a level

01:01:34.340 that I can

01:01:35.620 barely understand.

01:01:37.540 But normal

01:01:38.340 people with

01:01:40.800 normal educations

01:01:42.020 and normal

01:01:43.800 access to

01:01:44.840 skills,

01:01:46.520 some will do

01:01:48.760 better if

01:01:49.260 they're trained

01:01:50.020 to do the

01:01:50.620 right things

01:01:51.180 than the

01:01:51.480 people who

01:01:51.820 weren't trained.

01:01:53.100 Black America

01:01:53.900 is shooting

01:01:54.480 low.

01:01:56.820 If you say,

01:01:58.260 do you know

01:01:58.920 any white

01:01:59.780 family that

01:02:00.840 says, go out

01:02:02.080 there and try

01:02:03.020 to be

01:02:03.580 equitable.

01:02:06.000 Scott, I'd

01:02:07.720 like you to

01:02:08.120 work hard, and

01:02:09.120 if you do a

01:02:09.620 good job, you

01:02:10.240 could be

01:02:10.620 average.

01:02:12.340 My mother

01:02:13.040 literally told

01:02:13.900 me, I don't

01:02:14.820 care what you

01:02:15.340 do, just do

01:02:15.820 it better than

01:02:16.260 other people.

01:02:18.400 Like, literally

01:02:19.340 all the time.

01:02:21.580 Doesn't matter

01:02:22.080 what you do,

01:02:23.000 you know, you

01:02:23.260 have to follow

01:02:23.820 your own

01:02:25.520 dreams, so I

01:02:26.540 don't care what

01:02:27.080 you do, but

01:02:28.100 you have to do

01:02:28.600 it better than

01:02:29.100 other people.

01:02:30.040 That's the

01:02:30.500 whole game.

01:02:32.640 Now, who

01:02:34.480 tells that to

01:02:35.300 black young

01:02:36.560 kids?

01:02:38.100 All right, you're

01:02:38.840 going to be in

01:02:39.220 an economy, I

01:02:40.800 don't care what

01:02:41.320 you do, it

01:02:42.080 should be

01:02:42.320 legal, I

01:02:43.360 don't care what

01:02:43.780 you do, but

01:02:44.800 you've got to

01:02:45.160 do it better

01:02:45.600 than other

01:02:45.980 people.

01:02:48.880 And now,

01:02:49.720 black America

01:02:50.280 is being taught

01:02:50.980 to try to be

01:02:52.160 average, when

01:02:53.940 every time they

01:02:54.580 focus, they've

01:02:55.340 dominated.

01:02:56.740 I'm not

01:02:57.420 wrong, nobody's

01:02:59.880 disagreeing with

01:03:00.480 me.

01:03:01.840 People who

01:03:02.600 focus get what

01:03:03.700 they want, right?

01:03:05.140 You can see it

01:03:05.960 within one

01:03:06.660 person's job.

01:03:08.500 Forget about a 0.53

01:03:09.440 population of

01:03:10.140 people, any one

01:03:11.500 person.

01:03:12.520 If they focus on

01:03:14.340 one area, they

01:03:16.480 exceed.

01:03:17.720 They will do

01:03:18.780 better than the

01:03:19.300 people who didn't

01:03:19.800 focus on that

01:03:20.500 area.

01:03:21.020 At the same

01:03:21.540 time, they'll do

01:03:22.120 less good in the

01:03:22.940 areas they're not

01:03:23.480 focusing on.

01:03:24.080 Very normal

01:03:25.320 thing.

01:03:27.180 Now, let me

01:03:27.860 talk to Zephyr.

01:03:28.760 So, Zephyr says

01:03:29.520 you're delusional, 0.83

01:03:30.400 Scott.

01:03:31.220 Are you

01:03:31.620 disagreeing that

01:03:32.440 focus is

01:03:33.920 important to

01:03:34.480 success?

01:03:35.260 Is that the

01:03:35.820 point you're

01:03:36.180 disagreeing with?

01:03:37.920 Or do you

01:03:38.640 believe that it's

01:03:39.440 not enough?

01:03:43.360 You think it's

01:03:44.140 reaching?

01:03:45.840 See, I think

01:03:46.400 you have to live

01:03:47.600 with this idea

01:03:48.220 for a little

01:03:49.020 bit.

01:03:50.040 Because it's so

01:03:51.700 far outside the

01:03:52.460 box.

01:03:52.800 It's a

01:03:53.820 reframe.

01:03:55.220 So, the

01:03:55.840 reframe is that

01:03:56.920 that which you

01:03:57.700 focused on, you

01:04:00.000 succeeded.

01:04:01.260 Do you think

01:04:01.860 there were any

01:04:02.320 black people who

01:04:03.560 went into sports,

01:04:05.140 again, thinking

01:04:05.980 about the time

01:04:06.640 when the rights

01:04:08.940 were just being

01:04:09.840 equalized?

01:04:12.020 Do you think

01:04:12.660 there were any

01:04:12.960 black people who

01:04:13.740 went into sports

01:04:14.360 and said, I'm

01:04:15.640 going to practice

01:04:16.140 hard and try to

01:04:17.260 be an average

01:04:17.940 player?

01:04:19.480 Or did they all

01:04:20.760 say, I think I

01:04:22.100 have a practice

01:04:22.760 hard.

01:04:23.000 I could be one

01:04:23.460 of the best.

01:04:24.340 And then they

01:04:24.800 were.

01:04:26.080 And do you

01:04:26.780 think when

01:04:27.560 Ye got into

01:04:28.760 fashion, just to

01:04:29.860 pick a specific,

01:04:31.260 do you think Ye

01:04:31.880 got into fashion

01:04:32.660 because he wanted

01:04:33.300 to be just

01:04:33.740 average?

01:04:34.840 I think I could

01:04:35.680 be the average

01:04:36.380 of other designers.

01:04:38.260 Clearly not.

01:04:40.120 Clearly, he got

01:04:41.560 into the business

01:04:42.200 to dominate.

01:04:44.540 And except for

01:04:45.420 his other issues,

01:04:47.280 he would have.

01:04:47.860 So focus works

01:04:50.240 everywhere.

01:04:51.260 As soon as you

01:04:51.940 say, yes, yes,

01:04:52.760 but what about

01:04:53.220 those weird

01:04:54.160 geniuses?

01:04:55.780 We're not them.

01:04:57.380 They're just not

01:04:58.180 part of our

01:04:58.860 equation.

01:05:00.080 The weird geniuses

01:05:01.100 are always going

01:05:01.540 to be here and

01:05:01.980 doing their weird

01:05:02.520 genius thing.

01:05:03.660 But normal people,

01:05:05.660 it's all about

01:05:06.300 what you focus on.

01:05:08.200 It's all about

01:05:09.160 what you focus on.

01:05:10.940 And I don't see

01:05:12.560 any focus in

01:05:13.580 black America

01:05:14.300 on training the

01:05:16.000 next generation

01:05:16.740 to be good

01:05:18.280 in business

01:05:18.900 and to learn

01:05:20.220 the tools of

01:05:20.880 success.

01:05:23.600 So what do you

01:05:24.540 predict about

01:05:25.100 the future?

01:05:26.560 Well, I would

01:05:27.140 predict it would

01:05:27.660 be exactly what

01:05:28.720 you think.

01:05:30.480 They'll dominate

01:05:31.260 in sports,

01:05:32.620 dominate in

01:05:33.520 fashion,

01:05:34.780 dominate in

01:05:35.320 music,

01:05:36.320 and lose in

01:05:37.020 economics every

01:05:38.380 time.

01:05:39.900 They're going to

01:05:40.360 lose in economics

01:05:41.520 every time because

01:05:42.480 there's no focus.

01:05:43.840 Now, if you

01:05:44.220 asked anybody,

01:05:45.300 I'm sure they'd

01:05:46.100 say, yes, yes,

01:05:46.660 making money is

01:05:47.240 very important.

01:05:48.280 We talk about it

01:05:49.040 all the time.

01:05:49.840 Not really.

01:05:51.340 Not really.

01:05:52.900 I mean, if you're

01:05:53.520 talking about it

01:05:54.180 and you're not

01:05:54.580 researching all the

01:05:55.600 ways to do it,

01:05:56.840 you're not, you

01:05:57.680 know, it's not

01:05:59.220 like your main

01:06:00.160 thing, that's

01:06:01.100 just talk.

01:06:02.600 Talking about it

01:06:03.440 is not focus.

01:06:04.620 That's not focus.

01:06:05.900 And when you do

01:06:06.520 talk about it, do

01:06:07.300 you talk about

01:06:07.800 winning or equity?

01:06:09.460 If you talk about

01:06:10.320 equity, that's

01:06:10.980 not, that's

01:06:11.800 nothing.

01:06:12.080 If you talk about

01:06:14.600 winning, I could

01:06:16.960 help you do it.

01:06:19.540 All right.

01:06:24.940 What?

01:06:28.760 Who runs the

01:06:29.560 media?

01:06:31.600 How does that

01:06:32.200 matter?

01:06:32.400 All right.

01:06:42.260 Yeah.

01:06:43.740 So, so somebody,

01:06:46.200 whenever I bring up

01:06:47.060 this conversation,

01:06:48.060 somebody wants to

01:06:48.760 bring up the bell

01:06:49.480 curve.

01:06:51.080 The trouble is

01:06:52.020 that's your, that

01:06:54.360 feels like a, your

01:06:56.400 little safe zone.

01:06:58.080 Like if you want

01:06:58.880 to retreat to a

01:06:59.580 safe space.

01:07:01.300 If you want to

01:07:02.160 talk about it with

01:07:03.920 any kind of depth,

01:07:06.460 the, the weirdos

01:07:07.840 that are skewing

01:07:08.760 the IQ stuff,

01:07:10.160 they're just not

01:07:10.800 part of the

01:07:11.180 conversation.

01:07:13.100 The, the fact

01:07:14.060 that, that Bill

01:07:16.220 Gates is also

01:07:17.180 white doesn't 1.00

01:07:18.220 help your IQ

01:07:18.960 at all.

01:07:20.680 Bill Gates

01:07:21.400 having high IQ

01:07:22.220 didn't help you

01:07:22.940 at all.

01:07:24.360 There, there's no

01:07:25.060 connection.

01:07:25.640 He's a different

01:07:26.120 person from you.

01:07:26.900 The fact that

01:07:27.980 he's also white

01:07:29.040 doesn't help you.

01:07:30.500 You're not

01:07:30.920 connected.

01:07:32.400 So if, if in

01:07:33.480 fact it's true,

01:07:35.200 I don't know if

01:07:35.780 it is, but if

01:07:36.840 some group has a

01:07:37.820 bunch of weirdos

01:07:38.560 that are skewing

01:07:39.200 the curve, there's

01:07:40.960 not enough of

01:07:41.640 them that they

01:07:42.220 need to be part

01:07:42.820 of the conversation.

01:07:44.200 The average

01:07:45.020 person does

01:07:46.640 great if they

01:07:47.980 do the normal

01:07:48.900 things that people

01:07:49.620 do to succeed.

01:07:51.540 They have a

01:07:52.200 good life.

01:07:53.340 Right?

01:07:53.460 We're not, we're

01:07:54.120 not all becoming

01:07:54.780 billionaires.

01:07:56.020 So as soon as

01:07:56.620 you think that

01:07:57.640 that average,

01:07:58.640 whatever average

01:07:59.460 you think is in

01:08:00.100 the bell curve,

01:08:01.140 you're going to

01:08:01.660 get a whole

01:08:02.000 bunch of, you

01:08:03.360 know, unfortunately

01:08:04.160 black citizens

01:08:05.720 who are just

01:08:06.800 getting destroyed

01:08:08.280 by the culture

01:08:09.460 that they were

01:08:10.160 born into,

01:08:10.880 right?

01:08:11.480 Systemic racism,

01:08:12.520 et cetera, poverty.

01:08:13.640 So you're going to

01:08:14.060 have people who

01:08:14.620 are, you know,

01:08:15.040 not eating as

01:08:15.840 well, that affects

01:08:16.720 your performance.

01:08:17.640 Not caring as

01:08:18.620 much, that affects

01:08:19.400 your performance.

01:08:20.780 You know, so,

01:08:21.260 so you're going to

01:08:21.960 get weirdos on

01:08:23.920 the extreme

01:08:24.840 lefts, who

01:08:27.040 are, probably

01:08:27.840 has more to do

01:08:28.460 with society, and

01:08:30.200 then you get the

01:08:30.800 weirdos on the

01:08:31.680 far, let's say,

01:08:33.040 the high end of

01:08:33.580 the curve, but

01:08:34.980 just ignore both

01:08:35.920 of them.

01:08:37.140 Just ignore both

01:08:38.020 of them.

01:08:38.940 Just take out of

01:08:39.920 the equation the

01:08:40.840 weird geniuses,

01:08:41.980 they're not you,

01:08:43.100 and then just take

01:08:44.580 into consideration

01:08:45.420 that if there's

01:08:46.160 more poverty in

01:08:46.940 one group, they

01:08:48.300 should score

01:08:49.100 less.

01:08:49.480 That's the most

01:08:50.680 predictable thing

01:08:51.480 you could imagine.

01:08:53.060 Poverty equals

01:08:54.160 lower grades.

01:08:56.560 No matter what

01:08:57.240 your native IQ is,

01:08:58.800 you're going to

01:08:59.220 get a lower IQ

01:08:59.980 score.

01:09:01.220 So you need to

01:09:04.840 rise up to that

01:09:06.100 level of complexity

01:09:07.160 before you have a

01:09:08.540 ticket to the

01:09:09.220 conversation, right?

01:09:10.980 If you're stuck on

01:09:11.980 the bell curve,

01:09:13.020 you're just hiding

01:09:14.300 in a safe space.

01:09:16.020 You're just sort of

01:09:16.740 ignoring the question.

01:09:18.420 The real question

01:09:19.100 is most people

01:09:19.980 are normal and

01:09:20.860 average and about

01:09:22.180 the same.

01:09:24.440 And if they use

01:09:25.500 good technique,

01:09:26.460 they do well.

01:09:29.400 And you should

01:09:30.420 treat the low

01:09:32.120 end of everything

01:09:33.460 as a separate

01:09:35.340 idea, and it's

01:09:37.040 not about race.

01:09:38.420 And the high end

01:09:39.480 are just, we're

01:09:40.300 lucky that we have

01:09:40.980 some freaks.

01:09:42.520 I mean, how lucky

01:09:43.220 is it that there

01:09:43.980 are geniuses?

01:09:44.980 But if it's not

01:09:46.020 you, it's not

01:09:46.720 relevant to you.

01:09:47.560 Well, so, my

01:09:55.680 mother was

01:09:56.120 valedictorian, my

01:09:56.980 sister was

01:09:57.400 valedictorian, and

01:09:58.260 we were always

01:09:58.760 low income.

01:09:59.820 Well, that's not

01:10:01.440 too far from my

01:10:02.480 family's situation.

01:10:04.100 And I grew up in

01:10:07.180 a small town.

01:10:09.580 Was it a small

01:10:10.440 town?

01:10:11.980 I'll bet it was.

01:10:13.400 I'll bet it wasn't

01:10:13.980 an inner city.

01:10:14.600 Just guessing.

01:10:18.620 All right.

01:10:21.240 I've got some

01:10:22.060 old stale bagels

01:10:23.040 I have to go

01:10:23.580 eat.

01:10:27.380 And I think

01:10:28.640 this was the

01:10:29.300 most useful

01:10:30.080 live stream

01:10:31.540 that anybody

01:10:33.380 will do today.

01:10:34.160 Booker says,

01:10:38.680 Scott denies the

01:10:39.600 existence of

01:10:40.300 black geniuses.

01:10:41.360 No, actually,

01:10:42.280 opposite Booker.

01:10:44.100 I consider

01:10:45.120 Kanye a genius.

01:10:47.440 I consider

01:10:48.440 Michael Jordan

01:10:50.460 a genius.

01:10:52.260 And, you know,

01:10:53.140 there are plenty

01:10:53.620 of, you know,

01:10:54.640 STEM people,

01:10:55.500 et cetera, so

01:10:56.040 there are plenty

01:10:56.580 of brilliant people

01:10:57.800 and everything.

01:10:58.120 But I don't

01:10:58.940 limit IQ

01:10:59.920 to, you know,

01:11:02.400 math and

01:11:02.860 reading.

01:11:04.180 I take the

01:11:04.980 bigger picture

01:11:05.620 that there is,

01:11:06.520 you know,

01:11:06.860 there's an

01:11:07.440 artistic genius,

01:11:09.100 there's a

01:11:09.620 physical genius,

01:11:12.060 you know,

01:11:12.940 musical genius.

01:11:15.320 You know,

01:11:15.580 if somebody

01:11:16.200 can do fashion

01:11:17.260 better than

01:11:17.960 you and I can,

01:11:19.340 and they can

01:11:19.860 consistently do it,

01:11:21.320 that's genius.

01:11:22.500 Prince,

01:11:23.140 Prince is a

01:11:23.740 genius.

01:11:25.060 Yeah.

01:11:25.200 Yep.

01:11:31.160 The point,

01:11:32.220 Booker,

01:11:32.760 was,

01:11:33.600 and I'm glad

01:11:34.020 you called me

01:11:34.660 on that because

01:11:35.300 I was unclear,

01:11:36.280 the point was

01:11:36.960 not that only

01:11:37.780 white people

01:11:38.460 are high on

01:11:39.140 Q.

01:11:39.780 I wasn't making

01:11:40.400 that point.

01:11:41.060 I was saying

01:11:41.520 that if it's

01:11:42.400 true that

01:11:43.440 there's a

01:11:43.780 higher concentration

01:11:44.540 of them,

01:11:45.300 that doesn't

01:11:46.000 tell you

01:11:46.300 anything.

01:11:48.040 It's just

01:11:48.600 not useful.

01:11:50.020 It might be

01:11:50.540 true,

01:11:51.540 but it's

01:11:53.040 not a useful

01:11:53.680 thing.

01:11:54.520 It's just

01:11:55.240 a thing

01:11:55.560 that exists.

01:11:58.780 Now,

01:12:00.020 I also

01:12:01.500 wondered,

01:12:02.360 do you

01:12:04.520 get,

01:12:04.900 do you

01:12:05.480 get more

01:12:06.140 geniuses

01:12:08.100 when you

01:12:08.380 have more

01:12:08.700 mixture

01:12:09.200 of ethnicities?

01:12:11.760 Does that

01:12:12.340 happen?

01:12:13.840 Does anybody

01:12:14.220 ever study

01:12:14.720 that?

01:12:15.820 Don't you

01:12:16.120 ever wonder?

01:12:17.380 Like,

01:12:17.720 if you just

01:12:18.120 took two

01:12:18.840 random,

01:12:19.520 any ethnicities

01:12:20.720 and mixed

01:12:21.120 them,

01:12:22.020 and let's

01:12:22.500 say you

01:12:22.720 did that

01:12:23.040 a number

01:12:23.380 of times,

01:12:23.780 compared to

01:12:24.560 any group

01:12:25.240 that's been

01:12:26.240 the same

01:12:26.680 for a

01:12:27.580 longer

01:12:27.800 period of

01:12:28.280 time?

01:12:29.800 Well,

01:12:30.200 here's what

01:12:30.540 I'm saying.

01:12:31.120 I think

01:12:31.560 you would

01:12:31.820 get more

01:12:32.320 variability,

01:12:33.700 wouldn't

01:12:33.900 you?

01:12:36.000 Is that

01:12:36.540 true or

01:12:36.840 not true?

01:12:38.360 Would you

01:12:38.760 get more

01:12:39.160 variability,

01:12:40.340 both on the

01:12:40.840 high end

01:12:41.260 and the

01:12:41.540 low end,

01:12:42.520 if you

01:12:43.160 mated two

01:12:43.980 people who

01:12:44.600 were more

01:12:44.980 different than

01:12:46.680 alike?

01:12:48.360 True or

01:12:48.900 no?

01:12:49.060 Just a

01:12:51.620 question.

01:12:52.960 Obviously,

01:12:53.520 it doesn't

01:12:53.820 explain

01:12:54.100 everything.

01:12:54.620 Everybody's

01:12:54.980 an individual.

01:12:56.020 Every group

01:12:56.820 has exceptions.

01:12:58.460 There's no

01:12:58.920 thing about

01:12:59.780 the average

01:13:00.240 that's true

01:13:00.780 for any

01:13:01.140 person.

01:13:02.300 So I'm

01:13:02.960 hoping everybody

01:13:03.600 watching this

01:13:04.180 knows all

01:13:04.580 the obvious

01:13:05.000 stuff,

01:13:05.340 right?

01:13:06.440 You all

01:13:07.120 know that

01:13:07.680 averages don't

01:13:08.640 talk about

01:13:09.480 any person.

01:13:11.820 And by

01:13:12.120 the way,

01:13:12.340 here's a

01:13:12.640 frame I

01:13:13.080 put on

01:13:13.700 do you

01:13:14.340 discriminate

01:13:14.820 against

01:13:15.380 people

01:13:15.780 individually?

01:13:17.440 Here's the

01:13:18.080 best frame

01:13:18.560 on that.

01:13:19.000 If somebody

01:13:19.300 says,

01:13:19.900 do you

01:13:20.120 discriminate

01:13:20.540 about one

01:13:22.200 specific person

01:13:23.020 because of

01:13:23.520 their ethnicity?

01:13:24.560 The correct

01:13:25.240 answer is

01:13:25.740 this.

01:13:26.620 This isn't

01:13:27.460 a race

01:13:27.780 question.

01:13:29.460 It's not

01:13:30.160 a race

01:13:30.440 question.

01:13:31.340 It's a

01:13:31.820 success

01:13:32.220 question.

01:13:33.720 If you

01:13:34.580 close yourself

01:13:35.660 off from

01:13:37.660 90% of the

01:13:38.700 world because

01:13:39.120 they don't

01:13:39.420 look like

01:13:39.800 you,

01:13:40.860 you're going

01:13:41.420 to have

01:13:41.900 fewer network

01:13:43.080 contacts.

01:13:44.300 You're going

01:13:44.600 to meet

01:13:44.860 fewer awesome

01:13:45.720 people.

01:13:46.020 You'll be

01:13:46.440 denying

01:13:46.780 yourself

01:13:47.200 the beauty

01:13:48.300 and the

01:13:48.660 talents of

01:13:49.220 90% of

01:13:49.820 the world.

01:13:50.720 From a

01:13:51.460 success

01:13:52.040 perspective,

01:13:52.920 which is

01:13:53.240 the better

01:13:53.580 frame,

01:13:54.880 it doesn't

01:13:55.340 make sense.

01:13:56.620 It does

01:13:57.140 not make

01:13:57.580 sense to

01:13:58.080 judge people

01:13:58.980 by immutable

01:14:00.520 characteristics like

01:14:02.040 skin color

01:14:03.120 because you're

01:14:04.360 cutting yourself

01:14:05.040 off from

01:14:06.340 the potential

01:14:07.000 of valuable

01:14:07.920 resources.

01:14:10.200 Somebody

01:14:10.880 could do

01:14:11.320 you a 0.57

01:14:11.580 favor

01:14:11.820 someday,

01:14:12.940 somebody

01:14:13.280 who knows

01:14:13.620 somebody they

01:14:14.160 can introduce

01:14:14.820 you to,

01:14:15.280 somebody who

01:14:15.820 can hire

01:14:16.180 you someday,

01:14:17.540 somebody you

01:14:17.960 can hire

01:14:18.300 someday.

01:14:21.620 As soon as

01:14:22.440 you think

01:14:22.800 that's a

01:14:23.240 race question,

01:14:24.900 I question

01:14:25.920 your understanding

01:14:28.680 of success.

01:14:30.000 You should

01:14:30.540 always look at

01:14:31.300 the statistics,

01:14:32.480 which is what

01:14:33.020 got me in

01:14:33.420 trouble, by the

01:14:33.880 way.

01:14:34.440 But that's a

01:14:35.400 case where the

01:14:36.000 statistics say

01:14:36.940 don't discriminate.

01:14:38.520 that's not

01:14:40.420 in your best

01:14:41.060 interest.

01:14:41.960 You're reducing

01:14:42.820 your numerical

01:14:44.360 chances of

01:14:45.180 success.

01:14:46.860 So I

01:14:47.480 could never

01:14:47.800 be in

01:14:48.120 favor of

01:14:48.420 that.

01:14:50.340 Lots of

01:14:50.980 times we

01:14:51.380 think things

01:14:51.920 are about

01:14:52.280 race when

01:14:52.940 it's really

01:14:53.280 about stupidity.

01:14:55.320 That would

01:14:55.880 just be stupid. 0.88

01:14:57.860 In 2023,

01:14:59.360 if you

01:15:00.220 deny your

01:15:01.480 relationship with

01:15:02.260 somebody because

01:15:02.940 of their race

01:15:03.480 or religion

01:15:03.960 or gender

01:15:04.960 or whatever

01:15:05.320 it is,

01:15:06.500 all you

01:15:06.900 did is

01:15:07.200 reduce the

01:15:07.720 number of

01:15:08.060 options you

01:15:08.660 had for a

01:15:09.900 better life.

01:15:12.300 Is there

01:15:13.880 anybody left

01:15:14.600 in the world

01:15:15.140 who is such

01:15:16.180 a racist

01:15:16.600 that they

01:15:17.640 would say,

01:15:18.680 I cannot

01:15:18.960 possibly judge

01:15:20.120 some gay

01:15:21.220 individual on

01:15:22.900 anything other

01:15:23.520 than they're

01:15:23.920 gay? 0.86

01:15:25.040 Is that a

01:15:25.820 thing still

01:15:26.780 in 2023?

01:15:28.780 I'm pretty

01:15:29.540 sure that even

01:15:30.200 people who you

01:15:31.080 would consider

01:15:32.000 the most

01:15:33.480 bigoted people

01:15:34.300 still sort

01:15:36.000 of judge

01:15:36.360 people

01:15:36.660 individually

01:15:37.240 because it's

01:15:38.360 in their

01:15:38.600 best interest.

01:15:41.120 I've never

01:15:41.740 met an

01:15:42.100 exception to

01:15:42.640 that.

01:15:44.840 No, not

01:15:45.500 the gay

01:15:45.800 race.

01:15:51.180 Yeah.

01:15:52.540 All right.

01:15:53.340 So that's

01:15:53.740 your reframe

01:15:54.840 for the day.

01:15:55.420 YouTube, I'm

01:15:55.960 going to say

01:15:56.340 see you later

01:15:57.080 and thanks

01:15:58.280 for joining.

01:15:59.220 Bye for now.

01:16:00.540 Remember to

01:16:00.960 set your

01:16:01.200 clocks.

01:16:02.000 Set your

01:16:02.360 clocks tonight.

01:16:04.300 Good-bye.

01:16:11.060 Good-bye.

01:16:11.920 Bye-bye.

01:16:12.880 Bye-bye.

01:16:13.540 Bye-bye.

01:16:14.120 Bye-bye.

01:16:14.880 Bye.

01:16:15.000 Bye-bye.

01:16:15.780 Bye-bye.

01:16:16.120 Bye-bye.

01:16:16.840 Bye-bye.

01:16:17.780 Bye-bye.

01:16:18.380 Christmas.

01:16:18.940 Bye-bye.

01:16:19.360 Bye-bye.

01:16:24.760 Bye-bye.

01:16:24.920 Bye-bye.

01:16:25.340 Bye-bye.

01:16:25.680 Bye-bye.

01:16:26.200 Bye-bye.

01:16:29.020 Bye-bye.

01:16:29.620 Bye-bye.

01:16:30.300 Bye-bye.

Real Coffee with Scott Adams - March 11, 2023

Episode 2044 Scott Adams： Silicon Valley Bank Debacle, Free Jacob Chansley Or Close Congress, More

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