Real Coffee with Scott Adams - April 06, 2025


Episode 2801 CWSA 04⧸06⧸25


Episode Stats


Length

30 minutes

Words per minute

142.34006

Word count

4,365

Sentence count

312

Harmful content

Misogyny

2

sentences flagged

Hate speech

20

sentences flagged


Summary

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

A man who thinks we re on the brink of a brave new world, James Carville resurfaces, and the people who cooperate with Trump may be treated the way Nazi collaborators were at the end of World War II.

Transcript

Transcript generated with Whisper (turbo).
Misogyny classifications generated with MilaNLProc/bert-base-uncased-ear-misogyny .
Hate speech classifications generated with facebook/roberta-hate-speech-dynabench-r4-target .
00:00:00.000 Good morning, everybody, and welcome to the highlight of human civilization.
00:00:04.720 Probably the best time you'll ever have, but if you'd like to take this experience up two levels
00:00:08.880 that nobody can even understand with their tiny, shiny human brains, all you need for that is a
00:00:13.520 cup or mug or a glass, a tank of chelsea, and a canteen jug or flask, a vessel of any kind.
00:00:18.660 Fill it with your favorite liquid. I like coffee. And join me now for the unparalleled pleasure,
00:00:24.700 the dopamine hit of the day, the thing that makes everything better. It's called the simultaneous
00:00:28.420 sip, and it happens now. Go.
00:00:36.460 Well, I wonder if there's any new science saying that coffee is good for you. Oh, yes, there is.
00:00:43.540 According to SciPost, coffee is associated with lower risk of depression and anxiety. Do you feel
00:00:51.000 less depressed and less anxious after that sip? You should. You should. You're in good shape now.
00:00:58.420 Well, here's some science that didn't need to happen. According to Gilmore Health News,
00:01:06.460 Gilmore Health News, when people like each other, they respond faster in conversation,
00:01:11.940 according to a study. How many didn't know that? You ever hear a conversation where somebody's like,
00:01:18.240 blah, blah, blah, and then there's a long pause, and somebody's like, blah, blah, blah,
00:01:23.260 and you think, they're not really connecting. But if you see two people who are just practically
00:01:28.860 talking over each other, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah, blah,
00:01:31.860 they almost always like each other, unless they're fighting when they're doing it, I suppose.
00:01:36.940 So yes, you could have just asked me. The faster people respond, the more they like you. True story.
00:01:44.380 Okay. There's a, I don't know if it's a group or the name of the city called Praxis that raised half
00:01:53.540 a billion dollars to build their own cyber city operating independent of any other country.
00:01:59.460 So there's somebody named Dryden Brown, who thinks we're on the precipice of a brave new world.
00:02:09.120 So he's a 29-year-old, and he wants to build a futuristic new city.
00:02:13.580 But the part that I was impressed with is his name. Imagine having a last name, Brown,
00:02:20.840 and your parents name you Dryden. He's actually Dryden Brown.
00:02:26.160 You know who else is Dryden Brown? We'll get to it.
00:02:35.400 But so he's going to build his own little independent city.
00:02:38.920 I don't know where they're going to put it, though.
00:02:42.100 Who would give up their own land so that you could build an independent city on their country?
00:02:48.200 I don't know. You have to find an island or something, I guess.
00:02:50.760 According to the Associated Press, there were some border inspectors on our southern border
00:02:57.720 who were taking bribes to wave traffickers in.
00:03:03.220 How unsurprised are you that some of our border security were taking bribes?
00:03:09.540 Wouldn't it be more surprising if they didn't?
00:03:11.660 That would be the most obvious people you'd ever want to bribe.
00:03:18.520 All right. Well, speaking of Dryden Brown, James Carville has resurfaced.
00:03:24.040 And according to Fox News, he warned on Friday that the people who cooperate with Trump's administration
00:03:32.800 may be treated the way Nazi collaborators were at the end of World War II.
00:03:37.420 Now, what a piece of crap that man is.
00:03:44.280 That's one of the worst things I've ever seen.
00:03:47.120 Because he's doing the making you think past the sale thing.
00:03:51.940 So the sale is that Trump is a Nazi.
00:03:56.680 The thinking past the sale is that how will they be treated if you're supporting a Nazi?
00:04:03.540 That is, first of all, clever persuasion, but it's evil.
00:04:09.400 That is pure evil.
00:04:11.240 And that is a call for violence.
00:04:15.480 How could you say this is anything else but a call to violence?
00:04:18.840 I think you should go to jail if you say stuff like this.
00:04:22.420 Because you're really...
00:04:24.400 Isn't there a law that says if you incite violence in a really direct way,
00:04:29.780 you know, not an indirect way,
00:04:30.940 but if you do it really directly, isn't that illegal?
00:04:36.320 And it seems to me that labeling people in Nazi collaborators
00:04:40.440 and talking about how they would be treated,
00:04:43.920 that seems to be exactly like a crime.
00:04:47.060 But what do I know?
00:04:49.180 Well, if you haven't seen this clip, you ought to watch Sam Harris.
00:04:52.780 He's got a video.
00:04:54.380 At least it's on X.
00:04:55.480 Which he's talking about Joe Rogan.
00:04:59.720 And boy, does he have a problem with Joe Rogan.
00:05:03.560 He thinks that Joe Rogan's a good person,
00:05:06.680 but that he's, quote,
00:05:08.660 way in...
00:05:09.280 He's in way over his head on so many topics.
00:05:12.320 This is according to Sam Harris.
00:05:14.240 And then he slams Dave Smith,
00:05:17.460 who he calls a pure misinformation artist
00:05:19.820 and not an expert on the Middle East.
00:05:24.280 And then he says,
00:05:26.880 Sam Harris says,
00:05:28.000 our society is as politically shattered as it is,
00:05:31.500 in part because of how Joe Rogan has interacted with information.
00:05:36.120 Really?
00:05:36.480 Is the state of modern society in the United States
00:05:41.680 somewhat or even largely because of how Joe Rogan talks to his guests?
00:05:48.420 That feels pretty crazy.
00:05:51.080 But you should see his...
00:05:52.900 You should see Sam Harris's globula.
00:05:56.380 Globula.
00:05:58.140 G-L-A-B-E-L-L-A. 1.00
00:06:01.340 That's those little lines between your eyebrows.
00:06:04.720 Oh, my God.
00:06:05.560 You have to see it.
00:06:07.020 He looks so insane.
00:06:10.500 His little eyebrows are, like, so scrunched up.
00:06:13.420 It looks like the, you know, cat's asshole.
00:06:16.180 It just happens to be right in the middle of his face.
00:06:18.360 I've never seen so much scrunched up mental illness looking... 0.99
00:06:24.480 It looks like mental illness.
00:06:26.720 But wow.
00:06:28.300 Now, I will agree with one thing.
00:06:32.060 I've said the same thing myself,
00:06:33.760 which is that the podcaster having one guest,
00:06:39.460 and it's not just Joe Rogan.
00:06:41.300 If you only have one guest,
00:06:43.580 you have the documentary effect,
00:06:48.220 which is there's nobody there to say that the guest is wrong.
00:06:50.940 And then you go away thinking,
00:06:53.280 wow, I just listened to three hours of this person talking about,
00:06:56.720 you know, aliens in his backyard.
00:06:58.660 That must be true.
00:06:59.560 So, I do agree that sometimes you need some kind of a comment system or something
00:07:07.860 to kind of fact check the podcast.
00:07:12.480 That would be good.
00:07:14.440 Hollywood actor Terrence Howard is having some fun here.
00:07:20.340 He revealed on the PBD podcast
00:07:23.200 that every celebrity that attended Diddy's parties
00:07:27.560 got sexed up by men,
00:07:32.560 which he calls losing their man card.
00:07:36.160 Now, he even lists the people he says got sexed up by men.
00:07:39.380 He uses the F word, but he said that includes LeBron James,
00:07:45.740 Barack Obama, Jay-Z,
00:07:47.700 and many other prominent Diddy party attendees.
00:07:51.620 Do you believe that?
00:07:53.620 Do you believe that every single famous person
00:07:56.760 that went to a Diddy party
00:07:57.920 bent over and got taken,
00:08:01.200 and then their psychology was destroyed,
00:08:05.060 and they became, I don't know, slaves to Diddy or something?
00:08:07.700 Definitely some of them.
00:08:11.100 But I don't know who tells LeBron James what he has to do.
00:08:17.580 I have a hard time imagining LeBron James,
00:08:20.680 you know, being co-opted.
00:08:23.720 Maybe.
00:08:24.860 Anything's possible,
00:08:25.940 but I'm not going to automatically believe this one.
00:08:28.440 But it's provocative.
00:08:32.560 Well, you might know that Saturday
00:08:34.260 there were these nationwide protests
00:08:36.720 against Trump and against Musk, I guess.
00:08:41.560 And let's see, there were,
00:08:43.660 it was called the Hands Off Rallies,
00:08:45.760 and there were 1,000 cities involved,
00:08:47.840 all 50 states,
00:08:49.420 and nearly 400,000 people signed up to attend.
00:08:52.320 How many of them were organic?
00:08:56.680 None.
00:08:57.720 Did you see the interviews and the video of the people?
00:09:01.120 It looked like they cleaned out the senior centers.
00:09:05.000 It was just a bunch of broken down senior citizens with signs,
00:09:09.740 and they didn't even know why they were there.
00:09:11.660 They didn't even know who they were.
00:09:13.560 I mean, I'm not even sure they knew their own names.
00:09:15.940 Ah, ah, fascism.
00:09:17.860 Um, so that was very non-organic looking,
00:09:23.360 but...
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00:09:37.980 Scotiabank, you're richer than you think.
00:09:40.920 Do you remember the story that Mike Benz found
00:09:44.980 that Norm Eisen,
00:09:47.860 who is one of the lawfare lawyers against Trump,
00:09:51.820 probably the main one,
00:09:53.180 he's probably the most prominent one,
00:09:56.300 that it was revealed that John Roberts,
00:09:59.700 the head of the Supreme Court,
00:10:02.140 had spent a few weeks with him
00:10:03.840 when he was,
00:10:05.480 when Eisen was,
00:10:08.220 he was a diplomat,
00:10:10.180 I guess he was the ambassador to the Czech Republic.
00:10:12.900 And when I heard that,
00:10:14.860 I said,
00:10:15.280 oh my God,
00:10:17.000 if those two guys are spending time together,
00:10:19.680 that's not a comfortable thing to hear.
00:10:22.360 But it's way worse than that,
00:10:23.860 I found out.
00:10:25.320 It turns out that Norm Eisen said
00:10:27.700 that John Roberts was his college friend.
00:10:32.140 So even long before John Roberts
00:10:34.600 was in the Supreme Court,
00:10:36.800 he was tight with Norm Eisen.
00:10:38.780 Now,
00:10:40.540 what would you expect to see
00:10:43.020 if we were involved in a color revolution?
00:10:47.300 Now,
00:10:47.760 if not,
00:10:48.260 everybody knows what that is.
00:10:50.120 A color revolution is how you
00:10:51.960 essentially overthrow a country.
00:10:54.540 And it's the way the United States
00:10:55.940 has overthrown,
00:10:57.400 I don't know,
00:10:57.780 dozens of different countries.
00:10:59.840 So what you do is you,
00:11:02.980 usually they're opposing a populist leader.
00:11:05.520 So that's who gets overthrown,
00:11:07.660 the populace.
00:11:09.060 You create a bunch of fake street protests
00:11:11.840 that are not organic whatsoever.
00:11:15.360 You take control of the courts.
00:11:17.760 So you bribe
00:11:19.040 and otherwise cajole
00:11:20.920 until the judges are going to do what you want.
00:11:24.100 You get control of the prosecutors
00:11:25.880 and the attorney generals
00:11:27.180 because that's who can put people in jail.
00:11:29.380 And then you do a lot of lawfare,
00:11:32.700 a lot of suing and stuff like that.
00:11:36.160 And then you control the media
00:11:38.080 and not just control it.
00:11:40.760 You put a bunch of fake news,
00:11:43.300 you know,
00:11:43.620 rumors into the media
00:11:44.660 so that it all comes together.
00:11:46.720 And then you pretend
00:11:49.040 that it was all organic.
00:11:52.120 Now,
00:11:52.880 so that's what a color revolution looks like.
00:11:55.240 So now we know that Norm Eisen,
00:11:57.660 the primary person
00:11:59.380 who at least Mike Ben says
00:12:00.940 is,
00:12:02.280 was driving a lot of our foreign,
00:12:04.640 or at least some of our
00:12:05.540 foreign color revolutions.
00:12:08.200 And
00:12:08.800 he is good friends with
00:12:11.680 the head of the Supreme Court.
00:12:15.320 Now,
00:12:16.200 have you noticed that John Roberts
00:12:18.420 sometimes disagrees
00:12:20.600 with the so-called conservatives
00:12:22.860 on the court?
00:12:23.560 And he is more likely
00:12:25.820 to disagree
00:12:26.540 than anybody on the court.
00:12:29.380 Who saw that coming?
00:12:31.720 So that's a little sketchy,
00:12:33.320 isn't it?
00:12:34.080 That the guy
00:12:34.660 who is good friends
00:12:35.720 with Norm Eisen
00:12:36.500 is also the guy
00:12:37.540 who doesn't agree
00:12:38.980 with what you would imagine
00:12:40.500 would be his team,
00:12:42.800 the conservatives.
00:12:43.660 I mean,
00:12:43.900 there's no reason
00:12:44.380 he has to vote
00:12:45.060 with the conservatives.
00:12:46.360 But he's broken ranks
00:12:47.840 more than the rest of them.
00:12:49.780 So
00:12:50.120 that's a,
00:12:51.260 that's a tell.
00:12:51.940 And then,
00:12:53.520 of course,
00:12:53.800 Trump is a populist leader.
00:12:56.040 So that's exactly
00:12:56.900 the kind of ones
00:12:57.720 they target.
00:12:59.540 The street protests
00:13:01.100 are massive
00:13:02.420 and completely fake,
00:13:05.580 meaning that
00:13:06.240 they're just paying people
00:13:07.240 and shipping in,
00:13:08.260 you know,
00:13:09.460 old,
00:13:09.760 oldsters
00:13:10.540 and giving them signs.
00:13:11.700 then you've got
00:13:13.640 courts
00:13:14.800 that are sort of
00:13:16.140 out of control.
00:13:17.720 You know,
00:13:18.040 those individual
00:13:19.220 liberal judges
00:13:20.280 that are trying
00:13:21.440 to shut down Trump
00:13:22.560 no matter where
00:13:24.420 the judge is,
00:13:25.920 anywhere in the country.
00:13:27.660 They can just shop
00:13:28.860 for one that will say,
00:13:29.960 yes,
00:13:30.880 Trump must be stopped
00:13:31.940 everywhere in the country.
00:13:33.640 So that sounds sketchy.
00:13:35.900 Then,
00:13:36.520 of course,
00:13:36.880 the control
00:13:37.440 of the prosecutors
00:13:38.460 and the attorney generals.
00:13:39.720 That's what Soros
00:13:40.800 has been doing
00:13:41.360 for years.
00:13:42.720 He's been getting
00:13:43.600 his Soros prosecutors
00:13:45.200 in there
00:13:45.620 so they can
00:13:46.220 put people
00:13:47.340 like Trump
00:13:48.140 in jail,
00:13:48.980 which they tried
00:13:49.720 very hard to do
00:13:50.480 and got pretty close.
00:13:52.200 And then the lawfare,
00:13:53.920 you know,
00:13:54.160 you've seen the lawfare
00:13:55.080 for yourself,
00:13:55.900 so that's real.
00:13:57.140 And then the media control
00:13:58.480 and the fake news,
00:14:00.480 that's what people
00:14:01.580 like Carville
00:14:02.500 are doing.
00:14:02.980 So Carville
00:14:04.440 is now starting
00:14:05.280 the Nazi collaborator
00:14:11.520 frame.
00:14:13.060 These are the worst
00:14:14.280 people in the entire world.
00:14:16.620 These are really bad people.
00:14:19.560 And I don't know
00:14:20.500 if they think
00:14:20.940 they're doing
00:14:21.300 the right thing,
00:14:22.700 but they're definitely
00:14:24.040 not doing the right thing
00:14:25.000 as far as I can tell.
00:14:26.900 So, yeah,
00:14:27.700 we're in the middle
00:14:28.400 of a color revolution
00:14:29.580 that in every way,
00:14:30.920 in every way,
00:14:33.460 checks every box.
00:14:35.260 Do you think
00:14:35.700 any of that's
00:14:36.200 a coincidence?
00:14:38.180 Not a chance.
00:14:40.080 Not a chance.
00:14:41.340 We're in the middle
00:14:42.140 of an overthrow
00:14:43.240 of the country.
00:14:45.120 And I would argue
00:14:47.060 we were in Trump's
00:14:48.140 first term as well,
00:14:50.140 but he came back.
00:14:52.040 Meanwhile,
00:14:52.620 Senator Chuck Grassley
00:14:54.000 is trying to do
00:14:54.680 something about this.
00:14:56.700 These rogue judges
00:14:58.380 who do these
00:14:59.060 nationwide injunctions.
00:15:00.260 I was just talking about.
00:15:02.200 But he's got
00:15:03.820 exactly zero Democrats
00:15:05.280 who agree with him,
00:15:06.100 so I don't think
00:15:06.580 that's going to happen.
00:15:07.980 Republicans like it,
00:15:09.000 of course.
00:15:10.460 But at least
00:15:11.340 it's something.
00:15:12.200 I mean,
00:15:12.960 at least he's taking
00:15:13.800 a run at it.
00:15:14.840 I don't think
00:15:15.280 he has a chance.
00:15:18.180 Mike Netter
00:15:19.220 was posting today.
00:15:22.540 There's a new
00:15:23.260 USC study
00:15:24.520 of California
00:15:25.180 gas prices
00:15:26.120 found that
00:15:27.780 the reason
00:15:28.580 California gas
00:15:30.240 is more expensive
00:15:31.060 and it's about
00:15:32.220 twice as much
00:15:33.100 as the rest
00:15:33.560 of the country.
00:15:34.280 Did you know that?
00:15:35.660 Our gas is roughly
00:15:37.020 twice as much
00:15:38.260 as, let's say,
00:15:39.700 Florida.
00:15:41.280 But the reason is
00:15:42.620 it's all self-inflicted.
00:15:46.000 So that's the
00:15:47.620 result of the study.
00:15:50.960 So it's all
00:15:52.020 because of stuff like,
00:15:53.600 and it's not because
00:15:54.500 of price gouging,
00:15:55.660 which, you know,
00:15:56.580 Newsom wants to believe.
00:15:58.160 It's because
00:15:58.980 of a litany,
00:16:00.540 quote,
00:16:00.940 a litany of
00:16:01.600 regulation taxes,
00:16:02.780 fees,
00:16:03.120 and other costs.
00:16:05.840 So
00:16:06.140 California
00:16:08.020 doing a good job
00:16:08.820 of destroying the state.
00:16:10.700 Let's see,
00:16:11.380 what else are they doing?
00:16:12.120 According to
00:16:13.560 Just the News,
00:16:15.140 there's this
00:16:16.600 gigantic
00:16:17.260 Los Angeles
00:16:18.140 homeless
00:16:19.400 mega-agency,
00:16:20.900 you know,
00:16:21.080 one of these
00:16:21.580 well-funded agencies
00:16:22.700 to help the homeless.
00:16:25.000 And they,
00:16:26.160 you'll be surprised
00:16:26.920 to know
00:16:27.300 that they failed
00:16:28.160 two recent audits
00:16:29.280 in recent months.
00:16:30.540 Huh.
00:16:31.380 And the CEO
00:16:32.520 was found
00:16:34.080 to have,
00:16:34.920 quote,
00:16:35.140 inadvertently
00:16:35.900 signed millions
00:16:37.020 of dollars
00:16:37.520 of contracts
00:16:38.300 to the nonprofit
00:16:39.760 her husband
00:16:40.480 works at.
00:16:42.120 Do you think
00:16:44.240 she inadvertently
00:16:45.460 signed millions
00:16:47.300 of dollars
00:16:47.780 of contracts
00:16:48.540 to the nonprofit
00:16:50.060 that her husband
00:16:50.760 works at?
00:16:52.980 Now,
00:16:53.640 what have we been
00:16:54.420 teaching you
00:16:55.000 ever since we found
00:16:55.980 out about USAID
00:16:57.320 and all the NGOs?
00:16:59.420 This is the way
00:17:00.380 Democrats are robbing
00:17:01.500 the country.
00:17:03.000 They,
00:17:03.460 they give some
00:17:04.560 non-auditable
00:17:05.680 charity,
00:17:06.780 this sounds good
00:17:07.520 on paper,
00:17:08.080 like,
00:17:08.640 oh,
00:17:08.900 we're going to
00:17:09.200 help the homeless.
00:17:09.860 And then they
00:17:11.320 just give it
00:17:11.960 out to
00:17:12.660 sub-organizations
00:17:14.300 that usually
00:17:14.860 have family
00:17:15.740 members or
00:17:16.440 spouses there.
00:17:17.540 And it's just
00:17:18.600 total money laundering.
00:17:20.760 It's just crime.
00:17:22.880 So,
00:17:23.840 I wonder why
00:17:24.440 the homeless
00:17:24.840 problem hasn't
00:17:25.600 gotten any better
00:17:26.280 in California.
00:17:27.160 Well,
00:17:27.400 there you go.
00:17:30.140 According to
00:17:30.880 the Daily Mail,
00:17:32.200 and I'm not
00:17:32.800 believing this,
00:17:33.520 actually,
00:17:33.820 Trump's approval
00:17:35.680 rating rose
00:17:36.680 this week,
00:17:37.700 even in the
00:17:38.300 middle of the
00:17:38.960 tariffs and the
00:17:40.440 trade war,
00:17:41.500 and that it's
00:17:42.380 at the highest
00:17:43.360 it's been.
00:17:44.780 I don't believe
00:17:45.720 that.
00:17:46.160 And I think
00:17:46.520 there was another
00:17:47.040 study somewhere
00:17:47.920 else that said
00:17:48.520 it was down.
00:17:50.280 And I don't
00:17:50.700 believe that one
00:17:51.200 either.
00:17:52.320 I think all the
00:17:53.360 Trump popularity
00:17:54.560 polls are either
00:17:56.580 pro-Trump or
00:17:57.420 anti-Trump,
00:17:58.260 and they might
00:17:59.300 be a little,
00:17:59.760 might be a little
00:18:01.140 rigged at this
00:18:01.820 point.
00:18:02.420 I don't know.
00:18:03.820 But I don't
00:18:05.180 believe that
00:18:05.800 Trump's popularity
00:18:07.020 is at an
00:18:07.540 all-time high
00:18:08.240 in the middle
00:18:09.000 of the tariff
00:18:09.720 thing.
00:18:10.180 That seems
00:18:10.600 pretty unlikely.
00:18:12.860 Apparently,
00:18:13.360 Elon Musk has
00:18:14.320 said that he'd
00:18:15.060 like to see
00:18:15.700 Europe and
00:18:16.680 the U.S.
00:18:17.880 have what he
00:18:18.340 calls a free
00:18:19.120 trade zone,
00:18:19.920 which would
00:18:20.280 be no tariffs
00:18:21.180 at all.
00:18:22.720 And I was
00:18:24.420 a little unclear
00:18:25.120 whether this
00:18:25.960 disagrees with
00:18:27.060 Trump or not,
00:18:28.560 because I think
00:18:29.940 Trump also
00:18:30.560 wanted no
00:18:31.120 tariffs.
00:18:31.580 But is
00:18:33.540 Musk saying 0.58
00:18:34.440 anything that
00:18:35.140 Trump would
00:18:35.660 disagree with?
00:18:37.060 Or is he
00:18:38.080 maybe getting
00:18:39.500 ahead of him?
00:18:40.960 You know,
00:18:41.240 because there's
00:18:41.620 some negotiations
00:18:42.440 that haven't
00:18:42.940 happened yet.
00:18:44.080 I don't know.
00:18:44.700 But I guess I
00:18:45.420 agree with
00:18:46.080 Musk that 1.00
00:18:47.900 wouldn't it be
00:18:48.360 good just to
00:18:48.860 have a zero
00:18:50.480 tariff zone?
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00:19:53.360 Speaking of
00:19:54.180 tariffs, remember
00:19:55.440 how Israel was 0.90
00:19:56.860 so quick to say,
00:19:59.580 hey, we'll drop
00:20:00.240 all of our
00:20:00.720 tariffs?
00:20:02.000 And I found out
00:20:03.500 a little bit more
00:20:04.100 about that.
00:20:06.140 So Israel is so 0.99
00:20:07.920 clever. 0.51
00:20:08.840 They dropped the
00:20:10.000 tariffs that don't
00:20:10.740 exist.
00:20:11.940 So there basically
00:20:13.100 weren't any tariffs.
00:20:14.840 So they didn't drop
00:20:16.360 anything.
00:20:16.720 But here's why
00:20:20.500 things are expensive
00:20:21.600 in Israel.
00:20:23.200 I see a long
00:20:24.760 thread by Saul
00:20:25.860 Sedka, where he
00:20:27.640 describes it this
00:20:28.480 way.
00:20:29.140 Did you know
00:20:29.940 that the food
00:20:31.660 prices in Israel
00:20:32.800 are about 50%
00:20:34.720 more expensive
00:20:35.560 than, you know,
00:20:36.640 comparable places?
00:20:38.360 50% more.
00:20:40.220 Do you think
00:20:40.660 that's because of
00:20:41.600 tariffs?
00:20:42.620 Nope.
00:20:43.520 Nope.
00:20:43.880 Do you think
00:20:45.160 it's because of
00:20:46.000 trade wars?
00:20:48.400 Nope.
00:20:49.440 Nope.
00:20:50.320 It's because the
00:20:51.600 lobbyists for the
00:20:53.240 domestic food
00:20:54.760 companies have
00:20:56.500 such a control
00:20:57.480 over the
00:20:58.120 government that
00:20:59.680 they just make
00:21:01.380 it illegal.
00:21:02.940 And they've got
00:21:03.580 lots of tricks
00:21:04.220 for doing that.
00:21:05.100 They make it
00:21:05.700 illegal for people
00:21:07.160 to sell stuff
00:21:08.060 from other
00:21:09.420 countries.
00:21:10.480 Now, when I say
00:21:11.620 illegal, I don't
00:21:12.480 mean exactly
00:21:13.800 illegal.
00:21:14.700 But let me
00:21:15.080 give you one
00:21:15.620 example.
00:21:16.820 So one example
00:21:17.600 was there was
00:21:18.600 a ketchup
00:21:20.120 company in
00:21:21.520 Israel who
00:21:23.080 got some
00:21:23.840 kind of a
00:21:24.300 law passed
00:21:25.040 or regulation,
00:21:26.480 I don't know
00:21:26.780 what it was,
00:21:27.520 in Israel that
00:21:29.000 would mean
00:21:29.560 Heinz Ketchup
00:21:30.740 did not qualify
00:21:32.540 as ketchup.
00:21:33.940 So in other
00:21:34.420 words, they got
00:21:34.960 the government
00:21:35.500 to define
00:21:36.600 what ketchup
00:21:38.160 is.
00:21:39.260 And it just
00:21:39.720 happened to be
00:21:40.500 a definition
00:21:41.740 that the local
00:21:42.500 company
00:21:42.980 satisfied.
00:21:45.420 So then
00:21:45.880 Heinz would
00:21:47.360 have to
00:21:47.660 change the
00:21:48.180 name of
00:21:48.580 what they
00:21:48.920 do to
00:21:49.700 tomato
00:21:50.660 seasoning.
00:21:52.960 If you
00:21:53.600 went into
00:21:53.980 the store
00:21:54.400 looking for
00:21:54.900 ketchup,
00:21:55.780 and you
00:21:56.620 saw the
00:21:57.020 Heinz was
00:21:57.640 labeled
00:21:58.020 tomato
00:21:58.900 seasoning,
00:21:59.880 and the
00:22:00.880 local
00:22:01.400 Israeli
00:22:02.020 company was
00:22:02.780 labeled
00:22:03.240 ketchup,
00:22:04.560 and you
00:22:05.060 were looking
00:22:05.440 for ketchup,
00:22:06.540 which one
00:22:07.460 would you
00:22:07.720 buy?
00:22:07.940 So apparently
00:22:09.560 they have
00:22:10.080 an infinite
00:22:11.200 number of
00:22:11.720 those little
00:22:12.180 tricks.
00:22:13.200 So the
00:22:13.640 food industry
00:22:15.780 in Israel
00:22:16.460 is just
00:22:16.920 completely
00:22:17.860 corrupt,
00:22:19.880 maybe as
00:22:20.560 corrupt as
00:22:21.160 let's say
00:22:21.540 our big
00:22:21.900 pharma and
00:22:22.580 the things
00:22:23.980 in it.
00:22:24.280 So it's not
00:22:24.700 like a
00:22:25.000 unique,
00:22:25.360 it's not a
00:22:25.840 unique problem
00:22:26.480 in Israel.
00:22:27.140 But the
00:22:27.880 food companies
00:22:28.580 are just
00:22:28.960 running the
00:22:29.420 show.
00:22:30.140 Now I
00:22:30.700 can tell
00:22:31.000 you from
00:22:31.280 my brief
00:22:31.960 experience
00:22:32.600 in the
00:22:33.120 food industry
00:22:34.140 in the
00:22:34.680 United
00:22:34.940 States,
00:22:35.980 the food
00:22:37.040 industry
00:22:37.400 in the
00:22:37.640 United
00:22:37.840 States
00:22:38.160 is
00:22:38.400 really
00:22:38.860 corrupt.
00:22:40.240 I can't
00:22:41.020 tell you
00:22:41.320 all the
00:22:41.640 things that
00:22:42.100 I learned,
00:22:42.700 but oh
00:22:43.260 my God,
00:22:44.800 it's almost
00:22:45.520 just a
00:22:46.020 criminal
00:22:46.440 organization,
00:22:47.500 the food
00:22:47.880 companies
00:22:48.280 in the
00:22:48.580 U.S.
00:22:49.820 So not
00:22:50.860 too surprised
00:22:51.680 it's like
00:22:52.160 that in
00:22:52.440 Israel.
00:22:53.580 All right,
00:22:54.180 I'm going
00:22:54.440 to make
00:22:54.680 a prediction
00:22:55.200 that you
00:22:56.040 want to
00:22:56.420 hear.
00:22:57.040 You
00:22:57.300 probably
00:22:57.540 already
00:22:57.800 heard that
00:22:58.200 the
00:22:58.380 NASDAQ
00:22:59.120 is down
00:22:59.860 20%.
00:23:00.740 So that
00:23:01.880 would be
00:23:02.500 you know,
00:23:03.380 a big
00:23:04.460 drop.
00:23:06.080 The other
00:23:06.800 exchanges
00:23:07.360 are
00:23:08.660 not down
00:23:10.800 20%,
00:23:11.520 but they
00:23:11.940 might be.
00:23:13.500 Now,
00:23:14.180 here's what
00:23:14.920 I think
00:23:15.240 is going
00:23:15.560 to happen.
00:23:16.380 I'm going
00:23:16.700 to give
00:23:16.920 you the
00:23:17.480 persuasion
00:23:18.480 psychology
00:23:19.460 take on
00:23:20.160 this.
00:23:20.960 This is
00:23:21.380 not
00:23:21.700 investment
00:23:22.340 advice.
00:23:23.860 Whatever
00:23:24.240 you do,
00:23:25.080 do not
00:23:25.600 see this
00:23:26.120 as investment
00:23:26.880 advice,
00:23:27.400 but it
00:23:27.720 is a
00:23:27.980 prediction.
00:23:29.340 And the
00:23:29.660 prediction
00:23:29.980 goes like
00:23:30.540 this.
00:23:32.100 The reason
00:23:32.880 the stock
00:23:33.300 market is
00:23:33.680 down is
00:23:34.420 that so
00:23:34.860 many people
00:23:35.480 don't know
00:23:36.140 what's
00:23:36.340 going to
00:23:36.580 happen.
00:23:37.820 And they're
00:23:38.660 just taking
00:23:39.060 money off
00:23:39.520 the table.
00:23:40.000 They don't
00:23:40.200 want to
00:23:40.440 risk it.
00:23:41.580 But as
00:23:42.680 soon as
00:23:43.020 you know
00:23:44.000 what's
00:23:44.300 happening,
00:23:45.320 things will
00:23:45.940 go up.
00:23:46.980 But here's
00:23:47.520 why 20%
00:23:48.420 is a magic
00:23:49.280 number.
00:23:50.840 In my
00:23:51.620 life,
00:23:52.360 I've seen
00:23:53.300 stock markets
00:23:54.080 go down
00:23:54.580 20%
00:23:55.240 several times,
00:23:57.980 two or
00:23:58.920 three.
00:23:59.140 And so
00:24:01.140 I think
00:24:01.760 in our
00:24:02.160 minds,
00:24:03.060 at least
00:24:03.420 the people
00:24:03.840 who invest,
00:24:05.960 in our
00:24:06.420 minds,
00:24:06.880 we think
00:24:07.220 that a
00:24:07.520 20%
00:24:08.080 drop is
00:24:09.320 sort of
00:24:09.720 as far
00:24:10.100 as it
00:24:10.380 goes.
00:24:11.200 And the
00:24:11.700 reason is
00:24:12.260 that when
00:24:12.540 it goes
00:24:12.820 down 20%,
00:24:13.940 and there's
00:24:15.200 nothing
00:24:15.500 organically
00:24:16.200 broken,
00:24:17.440 it's just
00:24:17.940 uncertainty,
00:24:19.240 that that's
00:24:20.000 when people
00:24:20.520 say,
00:24:21.060 20%,
00:24:21.900 I've seen
00:24:23.060 this before.
00:24:24.240 Whenever it
00:24:24.800 goes down
00:24:25.220 20%,
00:24:26.020 that's pretty
00:24:26.960 close to
00:24:27.500 the bottom.
00:24:28.820 So you're
00:24:29.620 going to
00:24:29.740 see people,
00:24:30.380 I think,
00:24:30.680 piling in
00:24:31.480 when it
00:24:32.680 reaches 20%.
00:24:33.760 So the
00:24:35.900 persuasion
00:24:36.800 tip here is
00:24:37.620 that there's
00:24:38.000 just something
00:24:38.500 about big
00:24:39.020 round numbers
00:24:39.800 that people
00:24:40.720 respond to.
00:24:42.520 We know
00:24:43.240 it's not
00:24:43.560 10% because
00:24:45.100 we blow
00:24:46.540 past 10%
00:24:47.480 more regularly.
00:24:48.940 But at
00:24:49.660 20%,
00:24:50.520 the people
00:24:51.600 who have
00:24:51.860 spent a
00:24:52.200 lot of
00:24:52.420 time
00:24:52.820 investing
00:24:54.000 just start
00:24:55.300 saying to
00:24:55.720 themselves,
00:24:56.320 hmm,
00:24:56.540 if you
00:24:57.900 had bought
00:24:59.120 a stock
00:24:59.720 every time
00:25:01.240 the stock
00:25:01.680 market went
00:25:02.180 down 20%,
00:25:03.200 and let's
00:25:03.780 say you
00:25:04.000 just bought
00:25:04.380 the index,
00:25:05.060 you didn't
00:25:05.280 buy individual
00:25:05.960 stocks,
00:25:06.720 how would
00:25:07.300 you have
00:25:07.520 done?
00:25:08.480 If every
00:25:09.360 time,
00:25:10.300 every time,
00:25:11.520 it went
00:25:11.880 down 20%
00:25:12.920 and you
00:25:14.000 bought stock,
00:25:15.160 how would
00:25:15.500 you have
00:25:15.780 done?
00:25:16.380 And the
00:25:16.660 answer is
00:25:17.080 you would
00:25:17.460 have killed
00:25:17.820 it.
00:25:18.720 You would
00:25:19.040 have actually
00:25:19.520 just killed
00:25:20.140 it.
00:25:21.240 So I
00:25:22.240 bought a
00:25:22.860 stock at
00:25:23.240 the bottom
00:25:23.600 of the
00:25:23.980 pandemic.
00:25:25.480 Same
00:25:25.780 thing.
00:25:26.540 As soon
00:25:27.460 as I
00:25:27.760 see
00:25:27.940 anything
00:25:28.260 around
00:25:28.540 20%,
00:25:29.320 I'm
00:25:29.660 like,
00:25:29.920 oh,
00:25:30.420 20%,
00:25:31.040 that's
00:25:31.360 probably
00:25:31.600 as far
00:25:31.940 as it's
00:25:32.220 going to
00:25:32.420 go.
00:25:33.620 So my
00:25:34.200 prediction
00:25:34.560 is that
00:25:35.240 the other
00:25:35.780 exchanges,
00:25:37.560 the NASDAQ's
00:25:38.480 already there,
00:25:39.360 it might go
00:25:39.800 a little
00:25:40.020 lower,
00:25:40.660 but I
00:25:41.220 think the
00:25:41.520 other ones
00:25:41.980 will flirt
00:25:43.240 with 20%,
00:25:44.280 and that
00:25:46.040 will be
00:25:46.280 the bottom.
00:25:47.540 I think
00:25:48.140 that's what
00:25:48.500 the bottom
00:25:48.820 will be.
00:25:49.760 But don't
00:25:50.540 make any
00:25:51.020 decisions based
00:25:51.980 on that.
00:25:53.940 Now,
00:25:55.280 you know,
00:25:56.080 I'm pro-Trump,
00:25:58.800 and you
00:26:00.680 know that I
00:26:01.360 would like to
00:26:01.820 see him
00:26:02.140 succeed,
00:26:03.400 but he's
00:26:05.240 in a real
00:26:06.040 bind at the
00:26:07.040 moment,
00:26:07.580 like I've
00:26:08.220 never seen
00:26:08.680 in my life.
00:26:09.800 Let me just
00:26:10.440 tell you some
00:26:10.960 of the
00:26:11.200 problems that
00:26:12.060 Trump is
00:26:13.080 going to
00:26:13.280 have between
00:26:13.840 now and
00:26:14.600 the midterms.
00:26:15.980 I think the
00:26:16.860 midterms might
00:26:17.640 get ugly.
00:26:18.120 So,
00:26:19.540 number one,
00:26:20.420 the sale
00:26:20.980 of TikTok
00:26:21.580 looks like
00:26:23.240 China is 0.85
00:26:23.740 going to
00:26:24.040 just yank
00:26:25.440 Trump around.
00:26:26.920 So,
00:26:27.700 I don't
00:26:28.180 think he's
00:26:28.580 going to
00:26:28.740 have necessarily
00:26:29.640 success selling
00:26:30.660 TikTok.
00:26:32.320 I don't
00:26:33.240 think China
00:26:35.240 is going to
00:26:35.780 capitulate on
00:26:37.060 trade.
00:26:38.200 I think most
00:26:39.160 of the other
00:26:39.620 countries might,
00:26:41.340 but I think
00:26:41.840 China has a
00:26:42.840 second game.
00:26:44.220 One of them
00:26:44.800 is making
00:26:45.160 money,
00:26:46.000 but I think
00:26:46.880 China would 0.99
00:26:47.380 also like to
00:26:48.100 get Trump
00:26:50.080 out of
00:26:50.440 office.
00:26:51.680 So,
00:26:52.220 if they
00:26:52.500 don't
00:26:53.040 cooperate
00:26:53.800 and they
00:26:54.640 just take
00:26:55.180 a hit
00:26:55.540 between
00:26:56.120 now and
00:26:56.540 the midterms,
00:26:58.760 that's going
00:26:59.200 to be pretty
00:26:59.660 devastating for
00:27:00.460 Trump.
00:27:01.540 So,
00:27:02.100 I think that
00:27:02.600 China will 0.99
00:27:03.100 not reach
00:27:03.580 an agreement.
00:27:04.500 I think
00:27:04.800 they will
00:27:05.120 not sell
00:27:05.640 TikTok,
00:27:06.340 and the
00:27:06.680 reason will
00:27:07.340 be it's
00:27:07.720 bad for
00:27:08.120 Trump,
00:27:09.040 and they
00:27:09.420 want to
00:27:09.940 take him
00:27:10.260 out.
00:27:11.320 I think
00:27:12.020 that Russia 0.72
00:27:12.640 and Ukraine
00:27:13.320 don't really
00:27:14.120 have interest
00:27:14.700 in peace.
00:27:16.340 So,
00:27:16.820 people like
00:27:17.540 me,
00:27:18.100 had been
00:27:18.900 saying for
00:27:19.300 a long
00:27:19.600 time,
00:27:19.880 they both
00:27:20.200 want peace.
00:27:21.160 You know,
00:27:21.400 we just
00:27:21.940 have to
00:27:22.440 come up
00:27:23.720 with a
00:27:23.980 deal that
00:27:24.360 they can
00:27:24.620 say yes
00:27:25.020 to.
00:27:25.600 At the
00:27:26.060 moment,
00:27:26.940 it doesn't
00:27:27.780 look like
00:27:28.380 Putin wants
00:27:29.460 peace,
00:27:30.160 and it
00:27:30.740 doesn't look
00:27:31.220 like Ukraine 0.92
00:27:31.820 does.
00:27:32.760 So,
00:27:33.200 I don't
00:27:33.440 think that
00:27:33.920 by the
00:27:34.240 midterms,
00:27:34.760 there's going
00:27:35.020 to be a
00:27:35.340 Ukraine peace
00:27:35.980 deal,
00:27:36.800 and that's
00:27:37.220 going to
00:27:37.460 look ugly.
00:27:39.340 What about
00:27:40.000 Iran? 0.79
00:27:41.460 So,
00:27:41.780 Iran has 0.98
00:27:42.460 said that
00:27:43.940 if Trump
00:27:44.340 bombs them
00:27:45.080 because of
00:27:45.640 their nuclear
00:27:46.320 program and
00:27:47.260 all their
00:27:47.700 adventurism,
00:27:48.720 that there'll
00:27:49.940 be a major
00:27:50.420 war and
00:27:51.600 we're going
00:27:51.980 to pay
00:27:52.380 for it.
00:27:53.580 I don't
00:27:54.220 know if
00:27:54.540 Trump's
00:27:54.840 going to
00:27:55.100 bomb Iran. 0.98
00:27:57.100 Probably
00:27:57.540 not,
00:27:58.680 but he
00:27:59.320 might.
00:28:00.600 But if he
00:28:01.580 bombs Iran, 1.00
00:28:02.420 it's not
00:28:02.840 going to
00:28:03.080 solve anything.
00:28:03.780 It'll
00:28:03.920 probably make
00:28:04.360 it worse.
00:28:05.220 And if he
00:28:05.960 doesn't bomb
00:28:06.620 Iran,
00:28:07.820 it will just
00:28:08.400 get worse.
00:28:09.860 So,
00:28:10.120 there are
00:28:10.480 two things
00:28:11.080 that Iran 0.91
00:28:11.580 could do
00:28:12.000 to Trump,
00:28:12.540 and they
00:28:12.820 both are
00:28:13.260 getting worse.
00:28:14.880 So,
00:28:15.360 that's not
00:28:15.760 going to
00:28:15.940 look good.
00:28:17.160 And then,
00:28:17.940 because the
00:28:18.880 tariffs take
00:28:19.840 a while to
00:28:20.620 work,
00:28:22.380 I think
00:28:23.580 the bad
00:28:24.000 guys,
00:28:24.480 the Democrats,
00:28:25.360 will be able
00:28:26.040 to tell the
00:28:26.600 story that,
00:28:27.800 you know,
00:28:28.240 those tariffs
00:28:28.940 didn't work
00:28:29.640 because the
00:28:30.660 economy has
00:28:31.360 not zoomed
00:28:31.900 back yet.
00:28:32.900 And that's
00:28:33.460 going to be
00:28:33.740 really close
00:28:34.300 to the
00:28:34.600 midterms.
00:28:36.120 So,
00:28:36.660 the midterms,
00:28:37.980 Trump's going
00:28:38.460 to go in
00:28:38.800 there with
00:28:39.180 no sale
00:28:39.700 of TikTok,
00:28:40.500 no China 1.00
00:28:41.000 deal,
00:28:41.440 no Ukraine-Russia 0.93
00:28:42.300 deal,
00:28:42.720 no Iran 1.00
00:28:43.280 deal,
00:28:44.560 and tariffs
00:28:45.520 that the
00:28:46.420 other side
00:28:46.960 say didn't
00:28:47.460 work.
00:28:49.040 I don't
00:28:49.820 know how
00:28:50.260 you do
00:28:51.100 well in
00:28:51.600 that situation,
00:28:52.840 and that
00:28:54.420 would mean
00:28:54.820 that the
00:28:55.500 Congress
00:28:56.320 would be
00:28:57.000 no longer
00:28:57.960 controlled
00:28:59.680 by Republicans.
00:29:01.280 Now,
00:29:01.740 am I wrong?
00:29:03.600 Am I being
00:29:04.500 too negative?
00:29:05.480 Because remember,
00:29:06.620 I'm pro-Trump.
00:29:08.120 I want to
00:29:08.320 solve all
00:29:09.480 these things.
00:29:10.940 And at
00:29:11.260 one point,
00:29:11.760 I thought
00:29:12.080 he could.
00:29:13.060 But I
00:29:13.480 don't think
00:29:13.840 he can do
00:29:14.180 it before
00:29:14.500 the midterms.
00:29:16.440 So,
00:29:16.960 in the
00:29:17.400 long,
00:29:17.700 long run,
00:29:18.380 maybe by
00:29:19.320 the fourth
00:29:19.780 year of
00:29:20.180 his term,
00:29:21.380 he could
00:29:21.900 have it
00:29:22.240 all wrapped
00:29:22.640 up.
00:29:23.080 It's
00:29:23.260 possible.
00:29:24.740 But midterms
00:29:26.340 are going to
00:29:26.600 be ugly.
00:29:27.720 So,
00:29:27.960 get ready
00:29:28.260 for that.
00:29:29.720 Here's
00:29:30.060 something I
00:29:30.440 didn't
00:29:30.600 expect.
00:29:31.980 UK Prime
00:29:32.800 Minister
00:29:33.220 Starmer,
00:29:35.140 he's going
00:29:37.820 to announce
00:29:38.200 on Monday
00:29:38.760 that
00:29:39.640 globalization
00:29:40.300 has failed
00:29:41.380 in his
00:29:42.060 current
00:29:42.380 form,
00:29:43.280 and that
00:29:44.400 he's going
00:29:44.820 to do
00:29:45.080 more things
00:29:45.740 that are
00:29:46.800 basically
00:29:48.360 UK first.
00:29:50.520 So,
00:29:50.860 Starmer is
00:29:51.540 becoming a
00:29:52.540 junior
00:29:53.020 Trump.
00:29:54.980 He's going
00:29:55.720 to reject
00:29:56.240 globalism,
00:29:57.480 and he's
00:29:58.160 going to
00:29:58.420 embrace doing
00:29:59.160 what's good
00:29:59.600 for the
00:29:59.940 UK.
00:30:02.060 I did
00:30:02.700 not see
00:30:03.060 that coming.
00:30:04.240 Did not
00:30:04.700 see that
00:30:05.100 coming.
00:30:07.660 But that's
00:30:08.320 what's
00:30:08.540 happening.
00:30:09.520 All right,
00:30:09.800 ladies and 0.98
00:30:10.220 gentlemen,
00:30:10.640 I'm feeling
00:30:11.180 terrible today,
00:30:12.280 so I'm
00:30:12.820 going to
00:30:12.960 make this
00:30:13.340 very short
00:30:13.920 and let
00:30:17.100 you come
00:30:17.340 back to
00:30:17.640 your Sunday.
00:30:19.280 So,
00:30:20.720 how short
00:30:21.140 was it?
00:30:21.760 That's pretty
00:30:22.200 short.
00:30:22.960 Half an
00:30:23.420 hour.
00:30:24.980 I'm going
00:30:25.500 to say a
00:30:25.860 few words
00:30:26.260 to the
00:30:26.780 locals
00:30:27.420 people,
00:30:28.200 but the
00:30:28.460 rest of
00:30:28.800 you,
00:30:29.040 have a
00:30:30.040 terrific
00:30:30.440 day.
00:30:31.460 News is
00:30:32.060 kind of
00:30:32.800 not that
00:30:33.160 interesting
00:30:33.560 today,
00:30:34.020 anyway.
00:30:35.100 And I'll
00:30:37.320 see you
00:30:37.560 tomorrow,
00:30:38.300 same time,
00:30:39.320 same place.