Real Coffee with Scott Adams - July 15, 2025


Episode 2898 CWSA 07⧸15⧸25


Episode Stats

Length

1 hour and 20 minutes

Words per Minute

128.9449

Word Count

10,348

Sentence Count

641

Misogynist Sentences

5

Hate Speech Sentences

16


Summary

Trump continues to be the funniest president of all. A Chinese scientist proves that intelligence is partly genetic. Mark Zuckerberg wants to make artificial intelligence (AI) more powerful than the human brain. Trump says his wife is going to lose her trophy wife unless a tax bill passes.


Transcript

00:00:00.000 And grab a seat.
00:00:02.980 We are going to have some fun today.
00:00:06.600 Won't we?
00:00:08.080 Happy Tuesday.
00:00:13.020 I'm checking your stocks so you don't have to.
00:00:17.780 And we'll see how the stock market is doing.
00:00:22.260 Well, the S&P 500 is up a little bit.
00:00:25.840 Bitcoin is down a little bit.
00:00:27.700 Tesla is up a little bit.
00:00:29.020 And Vidya, doing well.
00:00:32.440 All right.
00:00:33.440 All right, we'll accept that.
00:00:36.780 Let me get your comments working, and then we're good to go.
00:00:47.140 Good morning, everyone, and welcome to the highlight of human civilization.
00:00:56.720 It's the best thing that ever happened to you.
00:01:00.060 But if you'd like to see if you could take this rare and special experience up to levels that nobody can even understand with their tiny, shiny human brains.
00:01:11.000 All you need for that is, well, I'll bet you know, all you need is a cup or a mug or a glass, a tanker chalice, a cyanide, a canteen jug or a flask, a vessel of a kind.
00:01:22.300 Fill it with your favorite liquid.
00:01:24.620 I like coffee.
00:01:26.060 And join me now for the unparalleled pleasure.
00:01:28.980 Don't be into the day.
00:01:30.440 The thing that makes everything better is called a simultaneous sip.
00:01:35.620 And it happens now.
00:01:37.580 Go.
00:01:37.820 So, so good.
00:01:47.300 Well, I wonder if there's any science that could have been avoided if they had just asked me.
00:01:56.300 Oh, here we are.
00:01:58.880 According to the Chinese Academy of Sciences, which is why, which is the only reason that you're hearing about it, is that it's a Chinese study.
00:02:09.280 It's a study that if you did in the United States, you wouldn't be able to do in the United States.
00:02:17.340 Here's what it is.
00:02:18.700 So, Chinese Academy of Sciences determined that intelligence is partly genetic.
00:02:29.300 How many of you knew that?
00:02:31.420 How many of you already knew, without any science whatsoever, that smart parents are more likely to have smart children than two dumb parents?
00:02:43.220 Is there anybody who didn't know that?
00:02:48.700 So, they could have saved a little bit of time just by asking me.
00:02:53.420 But I learned the other day, because I was watching some podcast I don't remember, that in the United States, if you said that intelligence is even partly genetic, you would be called what?
00:03:09.540 A racist.
00:03:12.260 You're not even allowed to consider that possibility in the United States.
00:03:17.460 And the funny part is, 100% of the world is completely aware that intelligence is partly, you know, it's not 100%, but certainly partly genetic, no doubt about that.
00:03:34.600 Anyway, we'll see if I can get canceled for quoting a Chinese science.
00:03:41.380 Well, Trump continues to be the funniest president of all.
00:03:47.940 He was at a White House faith office luncheon, which makes this extra funny.
00:03:53.960 Now, one of the things that Trump really understands in the comedy world is that it's not what you say.
00:04:02.380 It's the fact that you would say something in a particular audience or at a particular time.
00:04:09.060 So, he's really good at making sure that the things he says are a little bit inappropriate for the audience.
00:04:16.700 That's sort of the secret of what makes you laugh about it.
00:04:19.560 Well, here he's talking to the White House faith office at a luncheon, and he was talking about the good things that his big, beautiful bill would do to make everybody richer.
00:04:33.560 And Trump said, I said to one guy, he's a very, very unattractive man.
00:04:38.160 So, that's the first thing that no president ever said about anybody before.
00:04:46.340 No president ever has stood in front of an audience and talked about somebody he knew and said they were a very, very unattractive man.
00:04:56.820 And that's only the first part.
00:05:00.140 It's already funny.
00:05:02.860 Anyway, he's a very, very unattractive man, but he's smart and he's rich.
00:05:08.160 And I said, you better hope we get this thing passed, talking about his big, beautiful bill, because your wife will be gone within about two minutes.
00:05:20.900 So, he's telling people at a faith luncheon that the ugly, rich guy is going to lose his trophy wife unless Trump's tax bill goes through.
00:05:35.460 He's the funniest president ever.
00:05:38.160 Well, Mark Zuckerberg, who allegedly is using gigantic piles of money to recruit AI experts to Meta,
00:05:50.860 says it's not just because of the money, that people want to work for him for another reason that might not be so obvious to you,
00:05:59.900 but not just about the money.
00:06:00.900 But not just about the money.
00:06:03.200 The researchers want access to the maximum amount of compute because you could be an AI expert.
00:06:13.200 But if every time you log on to do some AI stuff, you don't have enough compute power, you're not going to go very far.
00:06:22.620 So, it sounds like the people who know the most about AI really want to be in an environment where they have the maximum GPUs.
00:06:31.360 And Zuckerberg promises them that they'll be part of a smallish team that will report directly to the CEO.
00:06:40.840 And I'm thinking to myself, that's actually a pretty good package.
00:06:47.420 If he knew you were, you know, directly connected to the top guy and you were getting a lot of money,
00:06:53.620 but also you had the most compute power, which they don't have yet.
00:06:58.360 But listen to this.
00:07:00.700 Now, this is, I saw this on X, a Sawyer Merritt.
00:07:05.500 He has a good site.
00:07:07.160 He's a good follow.
00:07:08.140 Sawyer Merritt.
00:07:09.660 He does a lot of reporting on X about Tesla and Musk related stuff.
00:07:16.640 But he's got this story that I'm having some trouble believing.
00:07:22.140 So, it is true, I believe, that Zuckerberg is planning enormous, just enormous, building, build-outs of computer centers to run his AI stuff.
00:07:38.480 And they're building several multi-GW clusters.
00:07:43.920 They're calling the first one Prometheus.
00:07:46.340 And they're building another one called Hyperion, to which I say, I love this idea of giving your data centers awesome names, like Hyperion and Prometheus.
00:08:00.920 It's pretty good.
00:08:01.820 Pretty good naming.
00:08:03.640 Anyway, the reporting says that just one of these buildings that will compute, will have, you know, massive computing,
00:08:13.420 that one of them will cover a significant part of the footprint of Manhattan.
00:08:18.980 Now, it's not going to be in Manhattan.
00:08:21.080 They're just using Manhattan as a comparison.
00:08:24.200 And I saw a graphic of how big the building would be compared to the entire island of Manhattan.
00:08:32.560 And it covers most of it.
00:08:35.900 Now, does that sound true to you?
00:08:38.480 Do you believe that Facebook is, right now, building multiple data centers for AI?
00:08:46.900 Each one, just one of them, would be the size almost of the entire Manhattan island?
00:08:54.800 Do you believe that?
00:08:56.700 I mean, it's in Sawyer Merritt's XFeed.
00:09:00.480 So, he's, I think he's quite credible.
00:09:07.720 But I would be surprised if that's even possible.
00:09:11.720 It doesn't seem like it's possible.
00:09:15.860 You're probably aware, according to Wired Magazine, that there are a bunch of AI nudify websites.
00:09:26.420 Nudify.
00:09:27.340 There are about 85 of them.
00:09:28.860 And what they do is you can take a picture of somebody's face, and it will give them a naked body.
00:09:37.560 So, AI adds a naked body.
00:09:42.000 And there are 85 of them, and they're making millions of dollars.
00:09:46.380 And, of course, you might be surprised and amazed to learn this.
00:09:51.720 I know this will be quite a surprise, but apparently the nudify AI websites are quite used by male high school students to bully their classmates.
00:10:06.860 Now, that's the most predictable thing you could have ever predicted.
00:10:11.520 Scott, we're thinking of making an AI website that will make any picture of anybody look like they're naked and doing embarrassing things.
00:10:23.220 Who will be our target market?
00:10:24.880 Well, I'm glad you asked, but teenage boys.
00:10:30.900 And after that, disgruntled ex-boyfriends and husbands.
00:10:36.840 And after that, probably memers and all kinds of stuff.
00:10:41.420 But I'm going to suggest that this might be a self-solving problem.
00:10:51.780 In 2025, if you were, let's say, a high school 16-year-old girl or something, and some male bully in your class started sending around an AI picture that was your face, but it looked like you naked, but it would be made by AI.
00:11:10.820 In 2025, that would be terrible, because it would scar you for life, and everybody would be teasing you, and they'd be sending you around, and, you know, you'd never know who's giggling behind your back, and it would be humiliating and horrifying.
00:11:32.340 But what happens if it becomes so common that the moment you saw somebody you know with, you know, a naked picture, you said to yourself, oh, it's AI?
00:11:44.660 You wouldn't be interested at all, because you could make your own AI nude stuff anytime you wanted, and now it's the millionth time that somebody's sitting around one of your classmates looking naked,
00:11:59.240 and you know that it's not really them, and you know that it's not really them, it's an AI body put on them, how much attention would that even get?
00:12:07.660 So my guess is that the way through it is to do more of it, and then just wait for young people to be totally bored by it, you know, right?
00:12:20.400 Every time there's a new AI thing, you know, the first time you see it, you go, whoa, are you kidding?
00:12:27.380 AI made a picture of two cats that appear to be talking?
00:12:32.160 This is so cool, I have to show all my friends.
00:12:35.540 And then by the hundredth time, you see a meme of two cats talking, and it's made by AI.
00:12:42.320 Do you send it around, or do you say, oh, God, not another AI of two cats talking?
00:12:49.840 Now, I know that, you know, nude people is more exciting than cats talking, but wouldn't you get bored with this?
00:12:59.400 And wouldn't it become a big nothing?
00:13:01.640 Once everybody understood that the nude person is not really there, it's just AI, I don't feel like it's going to have much impact.
00:13:09.100 But it might take, you know, three to five years to get to the point where people go, eh, don't send that to me anymore.
00:13:18.260 Speaking of that, allegedly, Conor McGregor sent full nude pictures of himself to rapper Azealia Banks, who apparently posted them on social media to mock him.
00:13:32.920 To which I say, is it too soon for Conor McGregor to say, that wasn't me, that was somebody who did that with AI?
00:13:44.200 He would be a tough one to nudify, because he's got tattoos all over his body, and AI might not know where his tattoos are.
00:13:52.600 So, I would do a check on his tattoos.
00:13:57.100 If the tattoos are under his clothes, or would have been if he had had clothes, and they still look right in the picture, well, he probably took a picture of himself naked in the senator, probably.
00:14:12.580 But, if the tattoos don't line up, it might be AI.
00:14:17.140 So, Conor McGregor, if he had waited another two or three years, he could probably send his naked pictures to anybody, and whoever got him would say, oh, I'm so tired of getting AI-generated naked pictures.
00:14:34.120 And they wouldn't think twice about it.
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00:14:54.620 Meanwhile, over at North Carolina State University, it was talking about an AI-powered lab for materials science, materials engineering.
00:15:08.260 So, there's now a lab that can, using AI, it can decide what things to test,
00:15:16.400 in terms of materials, you know, creating materials that have special properties for making various things.
00:15:24.500 And it can decide what to test, and then it can very rapidly, because it's machines,
00:15:30.780 test a whole bunch of different material combinations, and figure out which ones are commercial.
00:15:36.740 And it does that without human intervention.
00:15:41.820 So, the AI decides what to test, and then it tests it very quickly, and decides whether to keep it or release it.
00:15:50.400 And that's already up.
00:15:52.520 That's like a real thing that's already here.
00:15:54.920 So, we've got an automated AI factory.
00:15:58.960 Do you know how big a deal that is?
00:16:00.860 Do you have any idea the upside potential of new materials?
00:16:08.920 You know, stuff that's super hard, but also super light.
00:16:12.520 Stuff that can conduct electricity better than other stuff.
00:16:16.580 The upside potential of just materials.
00:16:19.680 It sounds like a boring thing, but it's really a lot.
00:16:23.560 There was a story that I decided not to talk about until just this moment.
00:16:30.940 There's some teenage kid who allegedly invented an electric motor that doesn't require these magnets that are rare earth.
00:16:40.920 And the idea is that, you know, he would change, you know, the entire situation with making electric motors.
00:16:52.600 Because if you could get rid of the magnet part, you wouldn't need any rare earth minerals for making magnets.
00:16:59.520 Now, I saw in the comments that people said, we've always had that kind of engine.
00:17:04.160 He didn't invent anything.
00:17:05.880 I don't know about that.
00:17:07.340 But that's the size of the opportunity.
00:17:09.800 It could be as big as, hey, we found a way that you don't need these rare earth materials.
00:17:17.180 That would be a pretty big deal.
00:17:21.200 Anyway, Mark Cuban is helping the Democrats decide what to do.
00:17:29.340 I don't know if the Democrats know that or they welcome it.
00:17:32.520 But he was saying on an interview yesterday, I think, that the Democrats' only message is Trump sucks and that's not going to get it done.
00:17:43.660 So, how much, I feel as if everybody who cares about the Democrats doing well, that they don't really have good suggestions for them.
00:18:00.220 It's definitely a good suggestion to stop doing what they're doing.
00:18:03.720 I think that part is solid.
00:18:06.320 But what should they be doing?
00:18:09.300 I think everybody stops with, you know, you should have a better message.
00:18:14.520 Well, everybody knows that, right?
00:18:17.740 They all know they should have a better message.
00:18:21.460 But who is it who's coming up with a better message?
00:18:25.500 At what point do you say, we all know we suck?
00:18:30.120 Do you have any idea how we could do this better?
00:18:34.820 But, of course, it's not just the message, is it?
00:18:38.320 It's also the messenger.
00:18:39.600 So, if you don't have the right messenger, it doesn't matter if you have the right message.
00:18:45.560 And that's, of course, the big secret to Zoran Mondani in New York City.
00:18:51.760 He's literally a socialist.
00:18:54.760 Some would say a communist.
00:18:57.280 But because his policy is so clean and well-represented, you know, the affordability stuff,
00:19:03.080 and because he's an appealing messenger, he's actually overcoming being a communist.
00:19:14.680 If you wondered how much power you can get from having the right message and being the right kind of messenger,
00:19:22.520 well, there's a guy called Trump who had the right message at the right time,
00:19:29.720 and he was the right messenger, and now he's the most influential person in the world.
00:19:36.760 That's how important it is.
00:19:41.040 And you might ask yourself, how in the world did voters get comfortable with the fact that Trump is accused of all manner of things I won't even mention?
00:19:52.920 And the answer is, he had the right policy, he had the right message, and he was charismatic,
00:20:01.200 and he could deliver that message and deliver results.
00:20:05.020 So, yeah, you could be a communist, or you could be accused of absolutely anything.
00:20:11.360 But if you get those two things right, the right message and you're the right charismatic messenger,
00:20:16.800 people will say, you know what, that's kind of rare.
00:20:22.560 So, we're going to overlook all those other things that otherwise might bother us.
00:20:31.840 In other news, the Supreme Court has ruled once again that Trump can do what he wanted to do,
00:20:39.020 which was fire hundreds of employees at the education department, which he would like to get rid of.
00:20:47.560 And I guess that had been blocked once again by some district judge.
00:20:53.620 And once again, Trump wins when it goes to the Supreme Court,
00:20:57.720 which you could argue proves that the judges are corrupt.
00:21:04.140 The judges have blocked it in the first place, because they probably know it's going to the Supreme Court,
00:21:12.220 and they probably know they're going to lose,
00:21:14.860 and that the Supreme Court will give Trump the power to do what the president should be able to do,
00:21:22.620 which is hire and fire people in the executive branch.
00:21:28.880 But doesn't it feel to you like you're just hearing the same story over and over again?
00:21:34.140 How many times have you read or heard the story?
00:21:38.380 Well, a more local judge blocked Trump from doing whatever.
00:21:45.660 And then it went to the Supreme Court, and the Supreme Court sided with Trump.
00:21:50.660 So, now he can do it.
00:21:52.920 I mean, literally, how many times have we heard that now?
00:21:55.920 I don't know the answer to my own question, but is it a dozen times?
00:22:00.880 Or am I just remembering it weird?
00:22:04.780 Is it five times?
00:22:07.300 How many times has the Supreme Court slapped down the lower court judges?
00:22:14.640 It's a lot, right?
00:22:16.240 I don't even know the number.
00:22:19.900 Well, you want to stop talking about Epstein, but we can't.
00:22:23.620 We can't quit it.
00:22:25.380 It's just something new every day.
00:22:27.320 So, yesterday was Monday, and we were all waiting to see if Dan Bongino showed up for work or if he quit.
00:22:37.600 As far as I know, and of course, things can change quickly, he did not quit.
00:22:44.760 And there were meetings in the White House in which all three, Bondi and Patel and Bongino,
00:22:50.760 apparently all visited the White House.
00:22:52.540 There's some reports that J.D. Vance might have been trying to talk people off a ledge.
00:23:00.280 There was talk that Bongino had threatened to quit if Pam Bondi didn't get fired or leave,
00:23:09.000 or if she didn't change her approach to what was being released.
00:23:14.980 So, the first thing I would say about that reporting is, I don't trust any of it.
00:23:22.260 This is exactly the kind of reporting that never really captures the whole thing behind the curtain.
00:23:31.060 I mean, some of it might be true.
00:23:33.480 They'd be out of context, and you'd be missing parts, and you wouldn't know who said what,
00:23:37.960 and you wouldn't know their internal feelings.
00:23:40.200 When somebody else says they're really mad, you don't know if they really are or they're pretending.
00:23:47.120 So, whenever I hear these stories about who said I'll quit, or if you don't do this, I'll do that,
00:23:54.360 I don't fully believe them to be literally true.
00:23:59.800 I treat them more like, well, this is what people are saying.
00:24:04.440 You know, you don't know what's really happening behind the scenes there.
00:24:07.140 But, we would know if Bongino quit, we would know that.
00:24:13.960 So, apparently he did not quit.
00:24:16.700 And there's some reporting that maybe they're re-looking at their approach to what they revealed about Epstein.
00:24:25.900 So, maybe, possibly, there might be more to come.
00:24:30.120 And it might be that that more to come is the only thing that keeps Bongino staying there.
00:24:38.380 Because he needs to get a win.
00:24:41.320 Because he really, Bongino got kind of screwed in this whole situation.
00:24:47.500 He gave up this lucrative, incredible podcasting gig he had to have the worst job in the world,
00:24:55.220 which is working for the government, and trying to make a difference.
00:24:58.760 And then he gets, you know, totally shat upon by this whole Epstein situation,
00:25:04.600 which he had a reason to believe would go differently.
00:25:09.040 So, if, to me, Bongino is the canary in the coal mine.
00:25:17.340 Meaning, if he doesn't quit, and nothing else happens, that's going to give me one view of the whole situation.
00:25:26.560 Versus, if he did quit, and says, I can't talk about it, but I can't work here anymore.
00:25:33.160 And if you're guessing it's because of the Epstein stuff, you'd be right.
00:25:37.800 But I can't tell you more than that.
00:25:39.540 Now, that would tell me that the cover-up was something that didn't really need to be covered up.
00:25:49.380 But maybe, you know, there's some billionaire who's being protected or something like that.
00:25:55.160 And that would not be cool with the public or with him as well.
00:25:59.900 But if he doesn't quit, then I would have to assume that he's been convinced that not releasing the information is better than releasing it.
00:26:13.860 Which would tell us that there's something really big that's been, like, really big.
00:26:19.900 More than just one person's, you know, career or life or freedom.
00:26:24.520 Maybe something at a national level.
00:26:28.160 You know, something that would derail the country entirely if it got out.
00:26:32.860 So, I'll be watching him.
00:26:36.080 Benny Johnson, on his podcast, says there's a massive disclosure coming on the Epstein files.
00:26:43.820 So, he's got good sources.
00:26:46.300 And so, Benny says that Bongino's back at work and there's a major push for more transparency, etc.
00:26:57.860 Separately, while we're waiting for that, there's a story in Rolling Stone.
00:27:03.480 They've got an exclusive, apparently.
00:27:05.080 That way back, Jeffrey Epstein hired private investigators to follow and intimidate the FBI agents who were surveilling him.
00:27:17.580 Because he knew he was being investigated by the FBI.
00:27:21.380 So, he hired people to harass them.
00:27:24.720 You know, I don't know about you, but the more I hear about this Epstein guy, the more I'm thinking he's not a nice guy.
00:27:33.340 Yeah, that's a Norm Macdonald joke.
00:27:36.560 I stole it.
00:27:37.320 He was talking about a hitler.
00:27:38.820 But it works for Epstein.
00:27:41.300 All right.
00:27:42.720 You know, I always tell you that you don't know what's happening in the story until Dershowitz tells you.
00:27:50.320 If there's anything that has anything to do with legality, you just have to wait for Dershowitz.
00:27:56.820 And I've been saying this for years now.
00:27:59.280 Here it is again.
00:28:00.820 So, Dershowitz was on Chris Cuomo's.
00:28:03.340 Most of you know that Dershowitz was a lawyer for Epstein.
00:28:08.000 So, he's not guessing.
00:28:10.560 So, you know, a lot of stuff is speculation and guessing.
00:28:15.180 But Dershowitz is not guessing.
00:28:17.760 He knows.
00:28:19.300 And one of the things he knows is that there's not a client list, per se, you know, where Epstein put a list together of all of his bad actions.
00:28:29.620 That doesn't exist, as far as Dershowitz knows.
00:28:33.940 And I assume it does not exist as well.
00:28:36.840 But he says there is a redacted FBI affidavit from the accusers.
00:28:43.780 So, this would go way back.
00:28:45.760 And there are several of them.
00:28:48.180 So, several instances in which the accusers have named names.
00:28:53.220 And those documents exist.
00:28:56.980 But they've been redacted.
00:29:00.240 So, Dershowitz says he knows the names because he was the lawyer he was involved.
00:29:06.560 So, he says now, of course, because as lawyer, and I did only investigations, I know who all these people are.
00:29:16.840 So, Dershowitz knows the truth.
00:29:22.180 He knows who the bad guys are who have been accused.
00:29:28.600 But because he's a lawyer and ethical, he can't tell you.
00:29:34.080 But he can tell you that if you could penetrate those redactions, you would know who was being blamed.
00:29:41.440 Now, to complicate things, at one point, Dershowitz himself was being accused.
00:29:51.040 And his accuser, who has recently died, that Virginian Joffrey, well before she died,
00:30:00.200 she withdrew her accusation and said she was mistaken and that she does not, at the moment, she does not,
00:30:08.500 well, she's dead now, but she went to the grave having said that she did not mean it
00:30:16.720 and that Dershowitz did not do anything illegal that she knows of.
00:30:23.200 So, here's my question.
00:30:25.680 Now that we know exactly what document would tell us what we need to know,
00:30:30.000 but it might not be accurate because, remember, if it's true that Virginia Joffrey simply made up a story
00:30:39.360 and it's also true that apparently there was some kind of fund established
00:30:45.660 that would pay off victims who wanted to settle.
00:30:50.400 So, allegedly, one of the reasons that we're not hearing from the alleged victims of Epstein's Island
00:30:57.000 is that they probably signed NDAs, non-disclosure agreements,
00:31:02.640 and they probably took large amounts, potentially, of money from a fund that was set up,
00:31:09.840 I think, with Epstein's money to pay off people who had a civil complaint.
00:31:16.140 So, that's something that could be, the NDAs could be penetrated in the context of a criminal case.
00:31:28.480 So, the people who signed the NDAs would probably sacrifice something if they talked,
00:31:36.000 but not if a court made them.
00:31:37.940 So, we've got the possibility that some court somewhere will say,
00:31:44.460 I know you signed NDAs and I know you got paid for being quiet,
00:31:49.380 but there's a legal case here and you just have to tell us.
00:31:54.060 And then they would know all.
00:31:56.180 So, now we have all the characters are at work today, as far as we know.
00:32:03.100 Bongino, Bondi, and Patel, still at work.
00:32:05.680 And now Dershowitz has said, this document, or this set of documents,
00:32:12.660 these are the ones, these are the exact documents, which we know exist.
00:32:18.200 There's no question that they exist.
00:32:21.020 And all you have to do is penetrate the redactions.
00:32:26.020 So, my question would be, is that what the conversation is now?
00:32:32.060 Did Bongino say, here's the deal.
00:32:35.680 I'm just going to kick the shit out of the administration if they leave me hanging out to dry,
00:32:41.880 which I would love it if he did that.
00:32:43.600 We don't know anything about what happened.
00:32:46.080 But I would love it if Bongino said, you guys hung me out to dry.
00:32:51.960 I'm going to take down the whole operation,
00:32:54.420 unless you redact these names and put them out.
00:32:57.360 What would they do?
00:32:58.400 Well, they're not going to murder him.
00:33:03.300 And he has the power now.
00:33:05.960 He has the power to take down the whole process.
00:33:08.740 He could take down Trump easily.
00:33:11.100 All he'd have to do is say, look, I've seen everything.
00:33:14.740 And if you vote for Democrats, or if you vote for Republicans in the midterm, you're crazy.
00:33:20.100 Because the whole Republican thing is, you know, covering up stuff.
00:33:26.840 So, weirdly and ironically, Bongino is a blackmailer.
00:33:34.880 Now, I say that jokingly, so he's not breaking any laws as far as I know.
00:33:43.800 But don't you think that Bongino knows enough about what's happening on the other side of the curtain
00:33:49.240 that if he had a conversation with Trump, he could say, here's the deal.
00:33:54.780 You can't make me a liar.
00:33:57.060 You cannot make me a liar.
00:33:58.960 If you don't release more, I'm going to tell people what I know.
00:34:05.360 But I won't do it within the administration.
00:34:08.180 And you're going to have to deal with the blowback for that.
00:34:10.940 So, how would you like to do a better job of transparency?
00:34:17.500 That's my guess.
00:34:20.320 My guess is that Bongino had so much power, because he has knowledge,
00:34:26.560 that he can force them to disclose more than they wanted to.
00:34:33.900 So, we'll see.
00:34:36.320 Now, of course, you know that the risk here, as with Dershowitz,
00:34:41.160 is that people were making false accusations to get paid out.
00:34:46.420 So, if you see a list of people who were accused of being abusers on Epstein Island,
00:34:53.220 my advice would be to assume that half of them are not true.
00:34:59.700 But you'll never know which half.
00:35:03.260 That's the best I could do.
00:35:05.020 I mean, it would destroy the reputations and lives and marriages, probably,
00:35:10.020 of anybody who gets named.
00:35:12.580 But there's a good 50% chance that anybody named
00:35:17.560 didn't actually do what they're accused of.
00:35:20.740 So, we have to deal with that.
00:35:24.140 Well, of course, the Democrats are having fun with the Epstein file stuff,
00:35:30.720 because as long as we don't know what the story is,
00:35:34.640 the Democrats can kind of suggest that it's much worse than you think.
00:35:39.860 So, Representative Hakeem Jeffries, he says, quote,
00:35:44.300 quote, if you're trying to hide something, as many of Donald Trump's MAGA supporters
00:35:48.560 apparently believe, then Congress should actually work hard to uncover the truth
00:35:53.180 for the American people.
00:35:54.880 So, he's pushing on that division in MAGA of the people who want to see what's going on.
00:36:00.480 Then Jamie Raskin, who I call one of the several designated liars on the Democrat side,
00:36:08.700 he said, at this point, the president owes it to the country to put it to rest one way or the other.
00:36:15.960 And I agree.
00:36:18.120 I agree with that.
00:36:19.380 The president owes the country.
00:36:23.060 Maybe not all the redacted information,
00:36:27.540 but definitely a better excuse for why we're not seeing it.
00:36:32.020 I don't know about you, but if Trump came out and said, here's the deal,
00:36:39.020 the country would be at a great disadvantage if this information came out,
00:36:45.720 and I can't tell you why.
00:36:48.460 But trust me, it's not about the individuals we're protecting.
00:36:52.440 I'm protecting the country.
00:36:54.920 And I'm making the tough decision.
00:36:57.180 I know you all wanted to see it,
00:36:59.140 but you're going to have to trust me on this.
00:37:00.720 The country would be much worse off if I release everything.
00:37:05.980 Now, I'm not saying that's the case.
00:37:08.260 We don't know what the case is.
00:37:10.220 But at least if Trump said that,
00:37:14.060 I would say to myself, all right,
00:37:16.700 under the sort of republic that we live in,
00:37:21.040 we hired him to make those decisions.
00:37:23.380 He's telling us that he is hiding something,
00:37:26.200 and there's a reason for it.
00:37:27.600 Some people, not everybody, would say, you know what?
00:37:33.720 At least that's better than what we had.
00:37:36.480 I can move on now.
00:37:41.660 You prefer truth.
00:37:42.960 Well, what I learned is that many people are really bad
00:37:47.760 at understanding themselves
00:37:49.680 and at understanding how to do a risk analysis.
00:37:54.720 So if I say to you,
00:37:57.140 releasing the full Epstein files would cause a nuclear holocaust,
00:38:02.300 apparently an alarming number of you would say,
00:38:05.280 that's okay.
00:38:06.620 I'd rather have the truth.
00:38:08.060 And you would put up with a nuclear holocaust?
00:38:15.200 Okay.
00:38:17.200 If you say that, you're either a liar,
00:38:20.360 you're an idiot,
00:38:23.820 is there any other,
00:38:26.000 or you haven't really thought it through.
00:38:28.400 Because I think people want to,
00:38:30.280 I think one of the people want to present themselves
00:38:33.280 as the strongest voice
00:38:36.020 against these particular kinds of heinous crimes against children.
00:38:40.880 So a lot of it feels like just positioning.
00:38:45.520 And if you were the president
00:38:47.200 and you really thought genuinely
00:38:49.780 that releasing it would cause a nuclear holocaust,
00:38:53.740 you're telling me you'd really release it?
00:38:56.500 Really?
00:38:57.920 Really?
00:38:58.820 If you had to make the decision,
00:39:01.460 you would allow the entire world to burn
00:39:04.100 just to know the names of those accusers?
00:39:07.780 Really?
00:39:08.720 Even knowing that maybe they're falsely accused?
00:39:12.180 I don't believe that.
00:39:13.720 I don't believe there's one person who would do that.
00:39:16.200 Not even one.
00:39:17.620 But I'll bet you a quarter of the people asked
00:39:21.260 would say they would.
00:39:23.200 Because it's a president.
00:39:24.460 I don't care if the entire world
00:39:27.420 burns up in a nuclear fire.
00:39:29.420 It's that principle of the thing.
00:39:32.500 As if your government
00:39:33.840 has been honest to you about the other stuff.
00:39:38.740 If this were the one thing
00:39:41.460 that the government lied about,
00:39:43.620 I'd say, you know,
00:39:45.640 there is a principle involved here.
00:39:47.980 We don't want our government
00:39:49.080 to lie to us about even one thing.
00:39:51.300 But is that the situation?
00:39:54.180 The situation I see
00:39:56.600 is that the government lies to us
00:39:58.440 about everything all the time.
00:40:00.660 And this is just more of that.
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00:41:06.840 Well, Trump says he's had enough of Putin
00:41:10.680 and Putin talking nice,
00:41:13.460 but bombing Ukraine five minutes later.
00:41:16.800 And so he has issued a 50-day ultimatum
00:41:20.640 to end the war in Ukraine.
00:41:22.340 And the ultimatum is that he will do secondary tariffs
00:41:27.000 of up to 100% on Russian goods
00:41:30.200 that are going to other trading partners.
00:41:33.600 So the tariff would be on anybody
00:41:36.360 who deals with Russia,
00:41:38.120 not just on Russia directly.
00:41:41.060 Now, I don't know how much impact that would have
00:41:45.500 because I don't know how much exports Russia does.
00:41:49.540 I mean, if they're selling stuff to China,
00:41:54.180 will we put 100% tariffs on that?
00:42:00.140 You know, will China,
00:42:02.520 will we shut down our own trade with China,
00:42:05.600 which would destroy the United States,
00:42:08.000 so that we could stop Russia from trading with China?
00:42:12.760 I don't know.
00:42:13.460 So I'm a little questioning whether this would be effective,
00:42:18.360 but it's better than nothing.
00:42:21.100 Then Trump confirmed that the U.S.
00:42:23.140 is going to send Patriot missiles and systems to Ukraine,
00:42:28.220 and it will be funded by the European countries and Canada.
00:42:32.780 Now, he doesn't say NATO,
00:42:35.300 but I'm wondering if he means NATO.
00:42:38.100 Does he mean NATO?
00:42:39.140 Because Ukraine is not part of NATO.
00:42:46.140 So presumably,
00:42:47.700 I'll take a fact check on this, by the way.
00:42:52.140 Presumably, the budget that goes to NATO
00:42:54.760 would not be used by a non-NATO country.
00:42:59.840 So it could be that this is on top of
00:43:02.400 that 5% that Trump's trying to get all the countries to.
00:43:05.980 But it would be the NATO countries.
00:43:11.860 It was not all of them,
00:43:13.480 because I guess Turkey would not be involved here.
00:43:17.040 So it looks like it's not NATO,
00:43:18.940 but rather the countries individually.
00:43:21.240 And I'm guessing that because Turkey is not mentioned.
00:43:24.760 And I don't believe that Turkey
00:43:26.240 would want to be funding weapons over there.
00:43:29.180 Anyway, but Trump has said
00:43:34.720 it's not going to be just defensive weapons like the Patriot.
00:43:38.600 It's going to be everything, all of them.
00:43:41.360 So he's talking about offensive weapons
00:43:44.120 that we have so far tried to not send there.
00:43:48.100 And then now he's willing to send missiles
00:43:53.120 that could reach Moscow.
00:43:54.200 And there's some reporting,
00:43:56.120 I don't know how reliable it is,
00:43:57.900 that Trump is completely aware
00:44:00.160 and checked that Ukraine would use new weapons
00:44:04.400 to attack Moscow itself.
00:44:06.760 So here's what I think the play is.
00:44:10.320 I think Trump is literally going to bomb Moscow,
00:44:14.480 but he's going to do it through our proxy, Ukraine.
00:44:17.940 Literally going to bomb,
00:44:20.480 not bomb, but let's say send missiles and drones
00:44:23.560 at a large scale.
00:44:27.980 We've been sending offensive weapons for years now.
00:44:31.020 Probably not the good stuff, though.
00:44:34.800 So I think Trump is teasing
00:44:37.540 that we may have held back some of the good stuff
00:44:39.940 and that that would be the difference.
00:44:42.240 But I take that correction.
00:44:44.960 I would be surprised, very surprised,
00:44:48.060 if we have never sent them
00:44:49.400 any form of offensive weaponry.
00:44:51.420 You know, and it's also hard to define
00:44:54.720 what is offensive and what is defensive.
00:44:57.600 So I would say if we're selling them missiles
00:45:02.300 that are meant to be shot at a foreign city
00:45:05.400 as far away as Moscow,
00:45:07.720 to me that feels like an offensive weapon.
00:45:11.560 So I think that's what's going to happen.
00:45:13.240 Anyway, so we'll see how that goes.
00:45:20.680 It feels like the odds of nuclear war are not that high
00:45:24.840 just because Putin is not insane
00:45:28.120 and the last thing he wants is a nuclear war.
00:45:31.320 So it could be that Trump is just calling his bluff
00:45:35.120 and saying, you know what?
00:45:37.440 There's no limit to what we're going to do to you
00:45:42.040 if you keep doing this.
00:45:44.880 There's no upper limit.
00:45:46.220 We'll just keep ratcheting up.
00:45:48.140 We're going to give Ukraine better and better weapons.
00:45:51.140 And I'll say again
00:45:52.240 that we're probably three years away
00:45:55.340 from the front lines of this war
00:45:57.640 being only robots
00:45:59.180 and not even controlled by humans,
00:46:02.660 but just robots.
00:46:03.940 You know, nothing but robots
00:46:06.000 because both sides are going to run out of humans
00:46:09.100 on the front lines.
00:46:10.920 They'll just be dead.
00:46:12.800 And the robots and the drones and the AI
00:46:16.060 will be the new battle.
00:46:19.680 So do you think that Russia
00:46:21.800 believes it could keep up with Ukraine
00:46:25.980 if the Ukraine has the full backing
00:46:27.760 of the United States
00:46:28.880 and the other countries
00:46:30.860 to make as many drones
00:46:33.240 and the most powerful ones
00:46:35.140 they could possibly make?
00:46:37.860 Is it possible
00:46:38.960 for Russia to keep up?
00:46:42.900 Well, they've got China on their side, right?
00:46:45.640 So they could buy a lot of drones.
00:46:49.220 And I guess Iran, maybe?
00:46:52.020 I don't know if they have anything left to sell.
00:46:53.980 But it's going to be a robot-only war
00:46:58.600 because I don't think
00:47:00.840 that Putin's going to back down
00:47:03.080 and make peace.
00:47:05.040 And I don't think he's going to quit.
00:47:07.420 And I don't think Ukraine's going to quit.
00:47:09.900 And now the U.S. has turned it
00:47:11.560 into a profit center
00:47:12.640 where we're just selling our arms
00:47:14.780 and somebody else is paying for it.
00:47:17.140 So we're not going to quit.
00:47:19.280 And Europe doesn't want to lose
00:47:21.100 because they don't want Putin
00:47:22.540 to roll through Europe, they think.
00:47:24.640 So there's nobody who really
00:47:26.820 has any chance of wanting to quit.
00:47:31.620 So in three years,
00:47:33.400 the people will be mostly dead
00:47:35.160 on the front lines
00:47:36.140 and just be robots.
00:47:37.940 And then you're going to really see the future.
00:47:43.080 All right.
00:47:44.080 Then Trump wants to put...
00:47:46.460 Let's see.
00:47:47.840 What else is he doing?
00:47:48.940 Apparently, if Trump puts the big tariff
00:47:54.140 on Russian oil,
00:47:55.960 that will make oil prices everywhere go up
00:47:59.200 because Russia is a big enough exporter
00:48:01.520 that if you crush their oil industry
00:48:04.580 and reduce the supply,
00:48:07.340 the entire world will pay more.
00:48:09.580 According to Bloomberg.
00:48:12.160 So Wall Street and the stock market
00:48:16.220 did not go down
00:48:18.220 when Trump threatened
00:48:20.120 to make oil prices go up
00:48:22.460 by blocking Russian oil.
00:48:24.860 Which means,
00:48:26.500 according to Bloomberg,
00:48:28.520 that Wall Street doesn't believe
00:48:30.040 he's going to do it.
00:48:31.260 In other words,
00:48:32.060 the investors
00:48:33.440 don't believe
00:48:35.200 that Trump will successfully
00:48:38.440 do anything that would cut down
00:48:40.020 on Russian oil sales.
00:48:41.120 So...
00:48:43.120 We'll see.
00:48:47.480 There's a new poll,
00:48:49.500 Harvard-Caps-Harris poll,
00:48:51.300 that was just released yesterday,
00:48:52.720 that says the Democratic Party's approval rating
00:48:55.000 is at a new low.
00:48:58.240 It dropped from 42% to 40.
00:49:01.440 So 4 in 10 respondents approved
00:49:03.680 of the Democrat Party,
00:49:05.960 which is down from June.
00:49:07.900 Two points.
00:49:08.420 So my question is this.
00:49:14.840 It's the weirdest situation
00:49:16.720 when the Democrats
00:49:20.000 are at the lowest approval
00:49:21.800 that we've seen,
00:49:24.020 but at the same time,
00:49:25.940 all the smart people are saying
00:49:27.340 that the Democrats
00:49:28.080 are probably going to pick up seats
00:49:30.140 in the midterm.
00:49:33.100 Now, I know the reason for that
00:49:34.980 is that everybody likes
00:49:36.240 their own representative.
00:49:37.400 But they think
00:49:39.120 that the other ones are bad.
00:49:40.480 So they vote
00:49:41.140 for their own representative
00:49:42.220 and then next thing you know,
00:49:44.060 you get a Democrat win
00:49:46.300 when Democrats
00:49:47.720 have the lowest approval level,
00:49:49.820 like of all time.
00:49:51.320 I don't know if it's all time,
00:49:52.860 but it might be.
00:49:55.260 So that's a weird situation.
00:49:57.180 Obviously,
00:49:57.740 that's a system problem.
00:49:59.140 But speaking of bad advice
00:50:03.580 for Democrats,
00:50:05.200 who would you say
00:50:06.360 is the Democrats'
00:50:08.100 smartest player
00:50:09.320 if you had to pick one person?
00:50:12.040 The one experienced,
00:50:14.340 smart,
00:50:15.560 proven,
00:50:16.620 brilliant messenger,
00:50:18.740 not only a good messenger,
00:50:21.880 but somebody who's good
00:50:22.900 at coming up with a message.
00:50:24.300 Who do you think
00:50:25.520 would be the very best,
00:50:27.320 the best you could get
00:50:28.480 on the Democrat side?
00:50:31.180 I'm seeing Ro Khanna,
00:50:33.480 Fetterman,
00:50:34.800 Fetterman.
00:50:35.580 I was going to say Obama.
00:50:38.400 Don't we all believe
00:50:40.240 that Obama was gifted
00:50:41.920 in terms of political skill?
00:50:46.020 Even Republicans say that.
00:50:49.440 Even Republicans would admit,
00:50:51.760 yeah,
00:50:51.980 we don't like what he did,
00:50:53.880 but he has skill.
00:50:55.660 Like,
00:50:56.020 he was good
00:50:56.740 at this politics stuff,
00:50:58.500 good at talking in public,
00:51:00.000 good at having messages
00:51:00.960 that resonated with people.
00:51:04.020 Well,
00:51:04.420 here is Obama's advice
00:51:06.600 for Democrats.
00:51:08.800 You ready for this?
00:51:10.180 Here's their best guy,
00:51:12.440 their best,
00:51:13.220 smartest,
00:51:13.860 experienced guy.
00:51:15.980 He says,
00:51:16.820 don't tell me
00:51:18.840 you're a Democrat,
00:51:19.960 but you're kind of
00:51:20.900 disappointed right now,
00:51:22.160 so you're not doing anything.
00:51:23.640 No,
00:51:24.180 now is exactly the time
00:51:25.700 you get in there
00:51:26.940 and do something.
00:51:28.980 Okay,
00:51:29.360 so the first part
00:51:30.240 of his advice
00:51:31.400 is to do something.
00:51:35.580 So,
00:51:36.460 did that help?
00:51:38.020 Were there any Democrats
00:51:39.460 who didn't know
00:51:40.740 that doing something
00:51:42.900 would be an advantage
00:51:44.700 for them
00:51:45.140 as opposed to doing nothing?
00:51:46.820 And continuing to,
00:51:48.460 you know,
00:51:49.540 suck.
00:51:51.140 So,
00:51:51.920 that's a little bit generic,
00:51:53.420 Obama,
00:51:54.240 but there's more.
00:51:59.660 He said that they should
00:52:01.120 toughen up.
00:52:03.840 Oh,
00:52:04.280 okay.
00:52:05.280 So,
00:52:05.880 they should do more
00:52:06.860 and they should
00:52:07.800 toughen up.
00:52:10.040 Okay,
00:52:10.700 that's a little bit generic,
00:52:11.820 but is there more
00:52:13.580 from their best,
00:52:15.500 wisest advisor?
00:52:16.880 Yes,
00:52:17.340 there's more.
00:52:18.460 He also said
00:52:19.220 they should do
00:52:19.780 less navel gazing.
00:52:23.360 And that's it.
00:52:25.220 Did he have
00:52:26.600 a specific suggestion
00:52:28.400 about some messaging
00:52:30.360 that might work?
00:52:31.960 No,
00:52:32.420 no,
00:52:33.140 he didn't.
00:52:33.860 All he had
00:52:36.020 was generic advice
00:52:37.900 about toughening up,
00:52:39.920 doing something,
00:52:41.680 and having less
00:52:42.360 navel gazing.
00:52:44.860 Do you imagine
00:52:46.140 that he could have been
00:52:46.980 more worthless
00:52:47.740 if it had been
00:52:49.120 his intention
00:52:49.760 to do it?
00:52:51.140 It's almost like
00:52:52.060 if he had a contest
00:52:53.180 to see who could do
00:52:54.740 the least useful thing
00:52:56.260 for Democrats,
00:52:57.420 it would be right here.
00:52:58.800 he would win
00:53:00.320 the contest
00:53:01.040 of the most
00:53:02.200 useless advice
00:53:03.580 ever given.
00:53:05.100 Do something,
00:53:06.020 toughen up,
00:53:06.900 and less navel gazing.
00:53:09.680 That's their best guy.
00:53:13.880 If you try to find
00:53:15.420 the second best guy,
00:53:17.840 and here a guy
00:53:18.780 means man or woman,
00:53:22.600 it's going to be
00:53:23.840 somebody like Fetterman
00:53:24.880 that even the Democrats
00:53:26.520 are mad at
00:53:27.160 because Fetterman
00:53:27.840 keeps agreeing
00:53:28.620 with common sense.
00:53:31.840 Anyway,
00:53:32.560 so that's pretty worthless.
00:53:36.160 When I found out
00:53:37.220 my friend got a great deal
00:53:38.640 on a wool coat
00:53:39.400 from Winners,
00:53:40.200 I started wondering,
00:53:41.920 is every fabulous item
00:53:43.520 I see from Winners?
00:53:44.840 Like that woman over there
00:53:46.320 with the designer jeans.
00:53:47.740 Are those from Winners?
00:53:49.280 Ooh,
00:53:49.900 or those beautiful
00:53:50.580 gold earrings?
00:53:51.740 Did she pay full price?
00:53:53.080 Or that leather tote?
00:53:54.100 Or that cashmere sweater?
00:53:55.280 Or those knee-high boots?
00:53:56.760 That dress?
00:53:57.560 That jacket?
00:53:58.080 Those shoes?
00:53:59.060 Is anyone paying full price
00:54:00.980 for anything?
00:54:02.300 Stop wondering.
00:54:03.500 Start winning.
00:54:04.400 Winners find fabulous
00:54:05.660 for less.
00:54:06.400 So, according to
00:54:08.880 just the news,
00:54:12.580 the reason that we're
00:54:14.240 not hearing much
00:54:15.040 from the Department
00:54:16.480 of Justice,
00:54:17.140 I guess,
00:54:18.260 on the Russia
00:54:19.620 collusion investigation
00:54:21.180 is that they're trying
00:54:22.460 to make a RICO case
00:54:23.800 out of it.
00:54:24.960 Now,
00:54:25.300 RICO
00:54:25.560 means that
00:54:26.980 it's not just
00:54:27.760 an individual
00:54:28.740 bad behavior
00:54:29.680 by any person
00:54:31.060 or persons,
00:54:31.640 but rather
00:54:32.620 it's an organized,
00:54:34.320 ongoing
00:54:34.800 plot
00:54:37.360 to do something
00:54:39.160 illegal.
00:54:40.660 Now,
00:54:41.260 you tell me,
00:54:42.920 do you think
00:54:43.400 they could make
00:54:43.960 the case
00:54:44.620 that the
00:54:46.040 Russia collusion
00:54:47.140 hoax,
00:54:48.180 which apparently
00:54:48.800 was well-known
00:54:49.780 as a hoax
00:54:50.820 because they knew
00:54:51.840 the steel documentary,
00:54:53.360 the steel document
00:54:54.360 was fake,
00:54:55.620 they knew
00:54:56.180 that Hillary's
00:54:57.040 campaign was
00:54:57.860 paying for it
00:54:58.560 from the start
00:54:59.420 and that,
00:55:00.820 you know,
00:55:01.200 Brennan and Obama
00:55:02.280 and Clapper,
00:55:03.120 they all knew.
00:55:04.660 So,
00:55:05.440 could,
00:55:06.240 do you think
00:55:06.940 that the Trump
00:55:07.760 administration's people
00:55:09.040 could make the case
00:55:10.980 that would stand up
00:55:11.880 in court
00:55:12.420 that it wasn't
00:55:13.720 just an isolated incident,
00:55:15.320 it was an organized
00:55:16.680 Democrat
00:55:18.360 attempt
00:55:20.180 to do a series
00:55:21.400 of illegal things?
00:55:23.840 Maybe.
00:55:25.500 Yeah,
00:55:25.900 the dossier,
00:55:26.600 not the document.
00:55:28.560 But on top of that,
00:55:30.840 to really round it out
00:55:32.120 would be the
00:55:32.880 lawfare stuff.
00:55:35.040 So,
00:55:35.340 not only
00:55:36.020 allegedly
00:55:37.540 was there a conspiracy
00:55:39.020 to come up with
00:55:40.060 hoaxes
00:55:40.780 about Trump,
00:55:42.000 the Russia collusion
00:55:42.820 hoax
00:55:43.200 and,
00:55:44.240 you know,
00:55:44.460 all the other ones,
00:55:45.960 but the Russia
00:55:46.620 collusion hoax
00:55:47.400 is the one
00:55:47.760 they'd focus on,
00:55:49.160 but
00:55:49.380 could they also
00:55:51.000 make the case
00:55:51.980 that they had
00:55:53.220 gone after Trump
00:55:54.220 with lawfare
00:55:55.280 that was organized,
00:55:57.220 let's say,
00:55:57.620 by Joe Biden
00:55:58.500 or organized
00:55:59.380 by the top?
00:56:00.780 Could they make
00:56:01.600 that case?
00:56:02.820 Because then
00:56:03.440 they would have
00:56:04.000 two parts
00:56:05.780 that both
00:56:07.360 individually
00:56:07.980 would be a little
00:56:08.940 RICO-like,
00:56:09.820 but if you put
00:56:10.360 them together
00:56:10.920 and you sold
00:56:12.440 both of them
00:56:13.040 to a jury,
00:56:14.780 would it be
00:56:15.340 compelling?
00:56:17.320 What do you think?
00:56:19.560 it feels like
00:56:21.940 it probably
00:56:23.360 is too tough
00:56:24.180 to get a conviction
00:56:25.140 because
00:56:26.360 one of the things
00:56:27.880 I understand
00:56:28.680 from Trey Gowdy
00:56:29.820 and people
00:56:30.520 know more than I do
00:56:31.400 is that getting
00:56:32.860 a RICO conviction,
00:56:34.180 well,
00:56:34.360 we learned this
00:56:34.880 from the
00:56:35.300 Diddy situation
00:56:37.140 because the
00:56:38.140 prosecutor
00:56:38.640 dropped the
00:56:39.360 RICO stuff
00:56:40.100 and the reason
00:56:41.680 I dropped it
00:56:42.280 is it's just
00:56:42.840 really hard
00:56:43.340 to make the case
00:56:44.260 that it's organized,
00:56:45.780 but in this case
00:56:47.720 do you think
00:56:48.860 they can find
00:56:49.500 enough documents
00:56:50.400 and meetings
00:56:51.100 and connections
00:56:52.540 that they could
00:56:53.620 prove that the
00:56:54.340 lawfare was organized
00:56:55.520 and also
00:56:57.620 that the
00:56:58.360 Russia collusion
00:57:00.000 hoax
00:57:00.440 was organized
00:57:02.340 and they all
00:57:03.080 knew they were
00:57:03.520 in on it.
00:57:04.240 They knew they
00:57:05.020 were doing
00:57:05.320 something illegal
00:57:06.480 if not
00:57:07.440 just immoral.
00:57:09.260 I don't know.
00:57:10.580 I think it would
00:57:11.240 be tough.
00:57:13.200 I wouldn't want
00:57:14.100 to get you all
00:57:14.660 excited
00:57:15.120 like the
00:57:16.200 Epstein stuff
00:57:17.040 where you
00:57:17.980 think that
00:57:18.660 oh man
00:57:19.460 now these
00:57:20.620 people are
00:57:21.080 going to
00:57:21.380 pay the
00:57:21.760 price
00:57:22.060 and go
00:57:22.420 to jail.
00:57:24.620 I doubt
00:57:25.640 this will
00:57:26.740 be successful
00:57:27.580 but I like
00:57:29.040 the fact
00:57:29.440 they're trying
00:57:29.960 because I do
00:57:31.360 think that
00:57:31.820 there's a
00:57:32.160 real crime
00:57:32.700 there.
00:57:34.400 So might
00:57:35.240 as well
00:57:35.420 take a run
00:57:36.080 at it.
00:57:37.960 Well,
00:57:38.640 here's a
00:57:39.940 little story
00:57:40.940 that makes
00:57:42.060 me
00:57:42.480 or reminds
00:57:43.840 me
00:57:44.180 that who
00:57:45.420 you know
00:57:46.080 makes a
00:57:47.800 difference
00:57:48.180 between
00:57:48.620 whether you
00:57:49.060 get rich
00:57:49.480 or not.
00:57:51.420 Apparently
00:57:51.980 the U.S.
00:57:53.380 had a
00:57:53.860 one big
00:57:54.780 company
00:57:55.220 that was
00:57:56.460 involved in
00:57:57.220 making rare
00:57:58.260 earth materials
00:57:59.220 mining it
00:58:00.260 and it was
00:58:01.620 called
00:58:02.140 materials,
00:58:06.320 what's it
00:58:06.600 called?
00:58:06.920 MP or
00:58:08.140 something.
00:58:10.240 MP materials
00:58:11.440 I think it's
00:58:11.960 called.
00:58:13.180 And so
00:58:15.300 when it
00:58:15.680 became a
00:58:16.160 big thing
00:58:16.780 that China
00:58:17.900 was going
00:58:18.340 to block
00:58:18.940 our rare
00:58:19.700 materials
00:58:20.320 because of
00:58:20.780 the
00:58:20.920 tariff
00:58:21.200 force,
00:58:23.020 if I had
00:58:24.020 known,
00:58:25.060 if I had
00:58:25.840 been aware
00:58:26.400 that there
00:58:27.480 was a big
00:58:28.220 American
00:58:28.640 company that
00:58:29.340 was in
00:58:29.700 this space,
00:58:30.700 what would
00:58:32.020 I have
00:58:32.340 done?
00:58:32.860 I would
00:58:33.200 have bought
00:58:33.480 that stock
00:58:34.200 if I had
00:58:35.400 known that.
00:58:36.620 But for
00:58:36.980 some reason
00:58:37.600 it never
00:58:39.280 really occurred
00:58:40.060 to me that
00:58:40.920 there would
00:58:41.140 be some
00:58:41.600 large-ish
00:58:42.340 publicly
00:58:43.340 traded
00:58:43.900 company in
00:58:44.560 the U.S.
00:58:45.680 that would
00:58:46.140 obviously,
00:58:47.320 obviously
00:58:48.400 benefit a
00:58:49.400 lot from
00:58:50.880 the government
00:58:52.540 saying we
00:58:53.100 should do
00:58:53.480 more of
00:58:53.820 this
00:58:54.060 domestically.
00:58:55.660 Because if
00:58:56.380 you get the
00:58:56.860 government on
00:58:57.500 your side,
00:58:58.120 that's when
00:58:58.540 you have
00:58:58.820 the big
00:58:59.580 gains.
00:59:00.760 But I
00:59:01.380 didn't know
00:59:01.720 that.
00:59:02.580 I didn't
00:59:02.920 know that.
00:59:03.380 Never heard
00:59:03.740 of that
00:59:04.000 company.
00:59:04.520 Didn't
00:59:04.700 know we
00:59:05.040 even had
00:59:05.400 a big
00:59:05.680 company that
00:59:06.200 was in
00:59:06.480 that space.
00:59:07.760 But if I
00:59:08.400 did, it
00:59:09.680 was free
00:59:10.200 money.
00:59:10.660 It's already
00:59:11.100 tripled.
00:59:12.880 Now this
00:59:13.360 is not
00:59:13.780 investment
00:59:14.280 advice,
00:59:14.960 because remember,
00:59:15.960 it already
00:59:16.680 tripled.
00:59:17.800 So that
00:59:18.200 doesn't mean
00:59:18.700 it's going
00:59:19.080 to keep
00:59:19.400 going up.
00:59:21.340 But the
00:59:23.120 people who
00:59:23.640 knew that,
00:59:25.440 and it
00:59:26.160 was sort
00:59:26.940 of publicly
00:59:28.100 available
00:59:28.640 information,
00:59:29.740 but the
00:59:30.000 people who
00:59:30.420 knew that,
00:59:31.000 they just
00:59:31.500 got free
00:59:32.080 money.
00:59:33.460 All you
00:59:34.080 had to
00:59:34.340 do is put
00:59:34.820 a few
00:59:35.100 bucks in
00:59:36.000 that company
00:59:36.640 and it
00:59:37.820 was about
00:59:38.780 as close
00:59:39.440 as you
00:59:39.840 could get
00:59:40.260 to a
00:59:40.680 guaranteed
00:59:41.120 payoff.
00:59:42.300 It wouldn't
00:59:42.980 be like
00:59:43.400 regular
00:59:43.740 investing or
00:59:44.540 gambling at
00:59:45.080 all.
00:59:45.740 It would be
00:59:46.120 just like,
00:59:47.300 here's a
00:59:47.640 dollar,
00:59:48.100 give me
00:59:48.320 three dollars
00:59:48.920 back.
00:59:50.400 And when I
00:59:51.240 look at this
00:59:51.780 sort of
00:59:52.160 situation,
00:59:53.020 I think to
00:59:53.580 myself,
00:59:54.360 it's terribly
00:59:56.400 unfair that
00:59:58.180 some of
00:59:58.680 us are
00:59:59.000 paying
00:59:59.280 attention.
01:00:01.760 How many
01:00:02.740 people have
01:00:04.620 already made
01:00:05.360 huge gains
01:00:06.480 by investing
01:00:08.620 in AI
01:00:09.400 companies
01:00:10.100 because they
01:00:11.360 were following
01:00:11.940 that and
01:00:12.600 other people
01:00:13.100 weren't?
01:00:13.860 How many
01:00:14.300 people made
01:00:14.840 a killing
01:00:15.420 in Bitcoin
01:00:15.980 because they
01:00:17.900 simply paid
01:00:19.040 attention and
01:00:20.260 they knew more
01:00:20.880 about it than
01:00:21.460 people who don't
01:00:22.160 know about it?
01:00:22.840 A lot.
01:00:24.920 How many
01:00:25.480 people,
01:00:26.720 now this one
01:00:27.420 could be a
01:00:27.980 wild card,
01:00:28.960 but how many
01:00:29.460 people invested
01:00:30.500 in Tesla and
01:00:32.540 have already
01:00:33.040 made a bunch
01:00:33.620 of money because
01:00:35.320 they understood
01:00:36.200 that Tesla took
01:00:37.160 a different
01:00:37.620 approach to
01:00:38.420 the full
01:00:39.440 self-driving
01:00:40.260 AI?
01:00:43.360 If you knew
01:00:44.380 that, you'd
01:00:45.640 say to yourself,
01:00:46.320 oh my God,
01:00:47.640 this is going
01:00:48.240 to be bigger
01:00:48.760 than Uber.
01:00:51.220 And then if
01:00:51.720 you knew that
01:00:52.420 Tesla was
01:00:53.180 also making
01:00:53.800 robots, which
01:00:56.100 isn't something
01:00:56.760 that most
01:00:57.420 people know,
01:00:58.420 you know,
01:00:58.620 maybe at
01:01:00.020 most 10%
01:01:02.100 of the country
01:01:02.740 knows that
01:01:03.380 Tesla is even
01:01:04.180 in the robot
01:01:04.840 business.
01:01:06.100 You know,
01:01:06.360 if you follow
01:01:07.240 the news like
01:01:07.840 most of us
01:01:08.460 do, you
01:01:09.520 think everybody
01:01:10.200 knows that,
01:01:11.140 but they
01:01:11.380 don't.
01:01:12.380 Probably 90%
01:01:13.200 of the country
01:01:13.800 would not know
01:01:15.060 that the Tesla
01:01:16.080 company is also
01:01:17.220 making robots.
01:01:19.720 So that little
01:01:20.780 bit of knowledge
01:01:21.600 I've used
01:01:25.240 because I've
01:01:26.320 invested in
01:01:27.060 AI and I've
01:01:27.920 invested in
01:01:28.740 nuclear power
01:01:30.320 because I've
01:01:31.560 been following
01:01:32.080 the nuclear
01:01:32.680 industry.
01:01:34.100 And I knew
01:01:34.540 that pretty
01:01:36.360 soon nuclear
01:01:38.040 is going to
01:01:38.600 be on fire.
01:01:39.880 Well, not in
01:01:40.540 a bad way,
01:01:41.120 in a good way.
01:01:43.240 So some
01:01:44.760 time ago I
01:01:45.520 put money in
01:01:46.240 nuclear ETF
01:01:48.540 because I didn't
01:01:49.600 want to pick
01:01:50.060 individual companies
01:01:51.160 and AI
01:01:53.180 and Tesla.
01:01:55.780 Now, I feel
01:01:56.860 almost guilty
01:01:58.020 because those
01:01:59.480 are not like
01:02:00.060 regular investments.
01:02:02.100 Those are simply
01:02:02.940 I just knew
01:02:03.660 more about the
01:02:04.320 news.
01:02:05.520 It's all public.
01:02:06.920 I just paid
01:02:07.720 attention and
01:02:08.700 if you didn't,
01:02:10.620 you wouldn't know
01:02:11.300 that these were
01:02:11.880 all free money.
01:02:12.620 and I didn't
01:02:14.660 know about this
01:02:15.220 materials company
01:02:16.320 that does the
01:02:17.420 rare earth.
01:02:18.280 If I had,
01:02:19.840 do you think I
01:02:20.540 would have
01:02:20.820 invested?
01:02:21.800 Yes, absolutely.
01:02:24.080 I would have
01:02:24.760 put some money
01:02:25.320 in it and I
01:02:26.120 would have gotten
01:02:26.520 some free money
01:02:27.360 back already.
01:02:29.260 So yeah,
01:02:29.760 what you know
01:02:30.560 and who you know
01:02:31.460 and whether you
01:02:32.180 know somebody
01:02:32.740 who is in this
01:02:33.820 space is the
01:02:35.260 difference between
01:02:35.980 making money and
01:02:36.820 not making money.
01:02:37.720 It's not fair.
01:02:38.640 It just is.
01:02:44.180 And let's see
01:02:45.300 what else is
01:02:45.740 happening.
01:02:47.000 So Senator
01:02:48.560 Rand Paul,
01:02:51.080 he wants to
01:02:52.640 reissue criminal
01:02:53.700 referrals about
01:02:54.700 Fauci and
01:02:56.780 Fauci's involvement
01:02:57.900 with the
01:02:58.820 lab and
01:03:00.980 funding it and
01:03:01.620 all that.
01:03:02.420 And I think it
01:03:03.140 was related to
01:03:04.620 Fauci allegedly
01:03:05.720 lying under
01:03:06.920 oath.
01:03:07.240 But when
01:03:11.240 it looked like
01:03:11.900 Fauci had a
01:03:13.000 pardon from
01:03:14.380 the Biden
01:03:15.020 auto pen
01:03:15.780 process, then
01:03:17.560 there was no
01:03:18.060 point in having
01:03:18.820 a criminal
01:03:19.520 referral because
01:03:20.600 he was already
01:03:21.400 pardoned for
01:03:22.180 everything.
01:03:23.360 But now,
01:03:24.400 since the
01:03:25.020 auto pen is
01:03:25.820 being questioned
01:03:26.620 and some people
01:03:28.080 are saying,
01:03:28.800 was it even
01:03:29.300 legal to do
01:03:30.860 all these
01:03:31.240 pardons if
01:03:32.080 Biden maybe
01:03:33.340 didn't even
01:03:33.860 know what he
01:03:34.260 was doing or
01:03:35.160 went through
01:03:36.200 underlings?
01:03:38.200 So that was
01:03:39.240 enough of an
01:03:39.820 opening for
01:03:40.460 Senator Paul to
01:03:42.140 reissue his
01:03:43.140 criminal referral.
01:03:44.740 It seems to
01:03:45.460 me like I
01:03:46.900 just see Moby
01:03:47.680 Dick when I
01:03:49.400 read about
01:03:50.420 Rand Paul going
01:03:51.740 after Fauci.
01:03:53.500 I feel like
01:03:54.320 Fauci is just
01:03:55.220 his great white
01:03:56.040 whale and
01:03:57.560 Rand Paul will
01:03:58.700 go to his
01:03:59.540 grave trying to
01:04:01.080 put that guy in
01:04:01.840 jail.
01:04:03.220 I don't know
01:04:04.120 if he ever will,
01:04:04.820 but he's
01:04:06.320 trying.
01:04:10.180 Let's talk
01:04:10.960 about the
01:04:11.440 auto pen
01:04:12.140 situation.
01:04:13.840 So if you
01:04:14.500 follow the
01:04:15.220 right-leaning
01:04:15.980 news, as
01:04:16.800 most of you
01:04:17.440 do, but you
01:04:18.860 don't follow
01:04:19.660 other news or
01:04:20.800 other podcasters,
01:04:21.980 you would
01:04:22.560 probably think
01:04:23.160 this auto pen
01:04:24.040 thing is a
01:04:25.380 real big scandal
01:04:26.400 and it really
01:04:27.820 matters and it's
01:04:28.700 going to change
01:04:29.800 things if we get
01:04:30.760 to the bottom
01:04:31.260 of it.
01:04:31.600 I don't feel
01:04:33.040 that that's
01:04:33.560 true because
01:04:35.340 I don't feel
01:04:36.620 there's necessarily
01:04:37.580 a crime there
01:04:38.720 and I don't
01:04:40.020 feel that any
01:04:41.260 of his rules
01:04:42.040 will be
01:04:42.680 reversed because
01:04:45.760 Biden has
01:04:46.860 confirmed that
01:04:48.020 he individually
01:04:49.380 approved everything
01:04:50.360 that was signed.
01:04:51.760 Now, did he?
01:04:53.200 No.
01:04:54.160 Of course not.
01:04:55.620 He didn't know
01:04:56.360 everything that got
01:04:57.340 signed.
01:04:58.500 I don't even
01:04:59.260 know if he knew
01:04:59.760 his name, but
01:05:02.400 he's the only
01:05:03.760 one who could
01:05:04.480 testify that
01:05:08.300 he knew or
01:05:08.960 didn't know what
01:05:09.540 he was doing.
01:05:10.900 And I also
01:05:11.460 think that the
01:05:12.520 excuse that he
01:05:13.900 gave some
01:05:14.400 guidelines, you
01:05:15.860 know, you can
01:05:16.300 pardon people if
01:05:17.200 they fall under
01:05:17.820 these guidelines.
01:05:19.060 I don't think
01:05:19.940 it's a big deal
01:05:20.820 if he didn't
01:05:22.020 know the
01:05:22.420 specifics and
01:05:23.900 then his staff
01:05:24.740 said, all right,
01:05:25.340 we have the
01:05:25.740 guidelines, so as
01:05:27.560 long as we're
01:05:28.100 within the
01:05:28.640 guidelines, he's
01:05:30.240 pre-approved it, and
01:05:31.560 then you auto-pen it.
01:05:33.260 Is that the biggest
01:05:34.560 problem in the
01:05:35.280 world?
01:05:36.560 Not really.
01:05:37.780 Is that illegal?
01:05:39.680 Not that I know
01:05:40.660 of.
01:05:41.600 Apparently, there's
01:05:42.500 enough of a paper
01:05:43.800 trail that you can
01:05:45.500 determine that the
01:05:46.520 aides were talking
01:05:47.580 to Biden in the
01:05:49.740 process of figuring
01:05:50.800 out what to
01:05:51.340 auto-pen.
01:05:52.260 If you knew that
01:05:53.440 they were talking
01:05:54.020 to Biden about
01:05:55.640 what to auto-pen and
01:05:56.740 what not to, and
01:05:58.000 Biden also said,
01:05:58.960 oh, yeah, I
01:06:00.720 basically approved
01:06:01.640 everything.
01:06:03.100 There's not much
01:06:04.140 there, right?
01:06:06.640 So if you're
01:06:07.580 waiting for this
01:06:08.240 auto-pen thing to
01:06:09.580 become a much
01:06:11.120 bigger legal thing
01:06:12.500 or something like
01:06:13.140 that, I don't
01:06:13.660 think it will, and
01:06:14.760 I don't think any
01:06:15.500 of them will be
01:06:16.140 reversed.
01:06:17.280 I could be
01:06:18.120 surprised, but my
01:06:19.880 prediction will be
01:06:20.820 none of the auto-pen
01:06:21.980 stuff will be
01:06:22.720 reversed by a
01:06:24.500 court or anything
01:06:25.200 else.
01:06:26.740 But I saw
01:06:30.960 Mark Halperin on
01:06:32.460 his podcast,
01:06:34.280 Two-Way, which
01:06:35.120 is great, by the
01:06:35.940 way, great podcast.
01:06:38.020 He was saying
01:06:39.020 that there's
01:06:41.080 something missing,
01:06:41.900 there's a dog not
01:06:42.840 barking in the
01:06:44.360 New York Times
01:06:45.100 coverage of it,
01:06:46.160 because you
01:06:46.500 probably said to
01:06:47.120 yourself, well,
01:06:48.360 why did it take
01:06:48.900 the New York Times
01:06:49.700 so long to get on
01:06:50.940 that story about
01:06:51.680 the auto-pen?
01:06:53.760 But then they
01:06:54.540 eventually did, and
01:06:55.500 they did a big
01:06:56.140 feature story on
01:06:57.220 it, so you
01:06:57.680 say to yourself,
01:06:58.380 all right, all
01:06:59.480 right, a little
01:07:00.000 later than I
01:07:00.680 wanted, but at
01:07:02.040 least the New York
01:07:02.780 Times, you know,
01:07:04.200 legitimately looked
01:07:05.120 into it.
01:07:06.400 But then Mark
01:07:07.780 Halperin points
01:07:08.520 out that there
01:07:09.280 are some things
01:07:10.040 that you definitely
01:07:10.840 would have seen in
01:07:11.700 the story if it
01:07:13.200 had been a story
01:07:13.880 about Republicans
01:07:14.840 and Trump.
01:07:15.800 and he says, so
01:07:18.600 what do law
01:07:19.240 professors think
01:07:20.100 about that?
01:07:21.060 What do
01:07:21.400 Republicans think
01:07:22.260 about that?
01:07:23.520 And I thought,
01:07:24.480 yeah, is there
01:07:26.260 no reference to a
01:07:27.540 law professor in
01:07:28.820 the New York Times
01:07:29.600 article where the
01:07:30.960 law professor would
01:07:31.800 say, oh, he could
01:07:32.920 totally use the
01:07:33.740 auto-pen, there's
01:07:34.600 no problem, or the
01:07:36.140 law professor would
01:07:36.980 say, oh, no, if
01:07:39.260 there's no paper
01:07:40.480 trail that he
01:07:41.360 specifically approved
01:07:42.520 it, that can't
01:07:44.380 stand.
01:07:45.400 So wouldn't you
01:07:46.440 expect that if
01:07:48.000 they had been a
01:07:48.560 Republican, they
01:07:49.880 would have talked
01:07:50.460 to a law professor
01:07:51.380 who would have
01:07:51.980 said, oh, no,
01:07:52.960 Trump can't do
01:07:53.600 that, we have to
01:07:54.960 reverse all that?
01:07:56.260 But when it was
01:07:57.100 about Biden, no
01:07:58.700 law professor, nope,
01:08:00.680 didn't need to talk
01:08:01.460 to any law
01:08:01.980 professors.
01:08:07.960 And then they'd
01:08:12.100 also have a
01:08:12.760 Republican saying
01:08:14.000 this needs to be
01:08:14.780 investigated.
01:08:17.300 So that's
01:08:18.460 probably true.
01:08:19.560 So where is the
01:08:20.740 Democrat?
01:08:21.740 Is there not one
01:08:22.660 Democrat, nobody
01:08:24.540 in Congress, not
01:08:26.240 one, who says the
01:08:28.020 auto-pen thing
01:08:28.840 ought to be
01:08:29.260 investigated?
01:08:31.320 You would
01:08:32.000 definitely see it if
01:08:32.800 it was a Republican.
01:08:34.300 So he's right from
01:08:35.240 that.
01:08:35.860 So it's absent from
01:08:36.780 the story, Daily
01:08:38.340 Caller is writing
01:08:39.160 about that.
01:08:43.080 You probably
01:08:44.120 already know the
01:08:44.960 answer to this, but
01:08:45.920 apparently the June
01:08:47.780 inflation numbers are
01:08:49.960 out.
01:08:53.060 Have you seen them
01:08:54.260 yet?
01:08:55.100 Are the June
01:08:56.240 inflation numbers
01:08:57.420 good or bad?
01:09:01.260 It looked like the
01:09:02.240 stock market was kind
01:09:03.340 of happy, so it must
01:09:04.240 be in line with
01:09:04.980 expectations.
01:09:05.840 But that's today.
01:09:09.640 So keep an eye on
01:09:10.680 that.
01:09:10.960 We'll see if those
01:09:11.780 tariffs are working
01:09:14.040 their way into the
01:09:14.740 inflation numbers.
01:09:17.140 Fox News is
01:09:18.340 reporting that
01:09:19.900 police officers in
01:09:21.980 blue cities are
01:09:23.200 leaving in large
01:09:25.980 numbers to go to
01:09:27.940 red states because
01:09:29.140 if you're a police
01:09:30.060 officer in a red
01:09:31.040 state, the people
01:09:34.580 in charge actually
01:09:35.440 appreciate you.
01:09:37.480 If you were a
01:09:38.560 police officer in a
01:09:39.740 blue city, you
01:09:41.440 might be arresting
01:09:43.260 people all day
01:09:43.960 long and they're
01:09:44.660 just getting
01:09:45.120 released and
01:09:46.720 everybody hates
01:09:47.900 you.
01:09:49.140 So I would add
01:09:50.940 this to the list
01:09:51.760 of how in the
01:09:52.620 world could blue
01:09:53.780 cities survive?
01:09:55.960 Because they're
01:09:56.680 spending themselves
01:09:57.600 into ruin.
01:10:00.560 Their real estate
01:10:02.440 will become
01:10:02.960 worthless such
01:10:04.240 as a crime
01:10:05.480 scene.
01:10:06.620 And the
01:10:07.120 people who
01:10:08.080 would keep
01:10:09.100 the peace are
01:10:10.460 leaving like
01:10:11.180 crazy.
01:10:12.760 Is there any
01:10:14.500 narrative that
01:10:17.240 would save the
01:10:18.140 blue cities?
01:10:19.800 And I think the
01:10:20.560 answer is no.
01:10:22.420 No.
01:10:23.420 I think they
01:10:24.660 will actually
01:10:25.400 fail.
01:10:26.800 Now I don't
01:10:27.180 know about New
01:10:27.740 York City because
01:10:28.500 that's sort of a
01:10:29.260 special case.
01:10:30.080 But I do
01:10:31.560 expect a lot
01:10:32.420 of cities to
01:10:33.900 just turn into
01:10:34.840 escape from New
01:10:36.480 York kind of
01:10:37.340 hellscapes, even
01:10:39.360 more than they
01:10:39.920 are.
01:10:41.200 So I'd love to
01:10:43.240 see some
01:10:43.740 Democrat even
01:10:44.800 explain how
01:10:45.740 they could ever
01:10:46.840 right the ship
01:10:47.660 because I don't
01:10:48.760 see any way.
01:10:49.980 To me it looks
01:10:50.580 like it's a
01:10:51.100 one-way trip to
01:10:52.220 being Detroit.
01:10:56.360 Has Detroit
01:10:57.280 ever recovered
01:10:58.100 from the car
01:10:59.460 industry leaving?
01:11:01.660 It hasn't,
01:11:02.400 right?
01:11:03.380 Isn't Detroit
01:11:04.340 still in a
01:11:05.400 horrible situation?
01:11:06.880 I think it is.
01:11:08.480 I don't see how
01:11:09.340 that's going to
01:11:09.880 change.
01:11:12.420 Well, Ron
01:11:12.960 DeSantis has a
01:11:15.100 big win.
01:11:15.780 Fox News is
01:11:16.560 talking about
01:11:17.020 this too.
01:11:18.060 So six
01:11:18.800 southern states
01:11:19.880 have banded
01:11:20.700 together to
01:11:21.800 create a new
01:11:22.620 accreditation
01:11:23.600 commission for
01:11:25.560 higher education.
01:11:27.940 Now, if you
01:11:29.020 don't know how
01:11:29.560 important that
01:11:30.160 is, it's
01:11:31.100 really important
01:11:31.860 because if the
01:11:33.780 liberals are the
01:11:34.560 only ones who
01:11:35.100 can say your
01:11:35.720 college is
01:11:36.360 accredited and
01:11:37.660 nobody wants to
01:11:38.400 go to a
01:11:38.780 college that's
01:11:39.340 not accredited
01:11:40.580 by somebody,
01:11:42.160 then the left
01:11:44.520 has all the
01:11:45.080 power about
01:11:45.740 what is an
01:11:48.120 acceptable
01:11:48.740 college.
01:11:50.660 So now
01:11:51.920 there's going
01:11:52.640 to be a
01:11:52.960 competing
01:11:53.400 accreditation
01:11:54.420 process, at
01:11:56.960 least for
01:11:57.280 six states,
01:11:58.840 in which if
01:12:00.100 you're a
01:12:00.420 college, you
01:12:01.660 can get
01:12:02.160 accredited by
01:12:03.340 this new
01:12:05.340 organization and
01:12:07.040 then you don't
01:12:07.580 have to be
01:12:08.040 super woke
01:12:08.880 because I
01:12:10.120 imagine that
01:12:11.220 you have to be
01:12:11.700 super woke to
01:12:13.400 be accredited by
01:12:14.380 the old
01:12:14.940 accreditation
01:12:15.880 system.
01:12:16.580 So this might
01:12:17.040 be a really
01:12:17.440 big deal.
01:12:17.980 we'll see.
01:12:25.240 All right.
01:12:28.680 So according
01:12:29.480 to a
01:12:31.100 publication
01:12:31.600 called European
01:12:32.600 Conservative,
01:12:34.300 the European
01:12:35.120 Union is
01:12:36.120 having a
01:12:36.940 tough time
01:12:37.420 trying to
01:12:37.780 figure out
01:12:38.260 how to
01:12:38.860 address
01:12:40.020 Trump's
01:12:41.260 tariff and
01:12:41.960 trade
01:12:42.440 escalation.
01:12:44.400 So you
01:12:46.760 would not be
01:12:47.300 surprised to
01:12:47.940 learn that
01:12:48.480 the European
01:12:49.240 Union is
01:12:50.540 full of
01:12:50.920 countries that
01:12:51.540 don't all
01:12:51.940 agree with
01:12:52.420 each other
01:12:52.920 about what
01:12:53.560 to do
01:12:53.860 and when.
01:12:55.980 So it's
01:12:56.740 like herding
01:12:57.380 cats.
01:12:58.720 So apparently
01:12:59.440 the European
01:13:00.240 Union believed
01:13:01.600 that they
01:13:02.040 were negotiating
01:13:04.920 with Trump on
01:13:05.840 a trade deal
01:13:06.500 and things
01:13:07.380 were going
01:13:08.020 along fine.
01:13:09.320 They weren't
01:13:09.720 close to a
01:13:10.320 deal, but
01:13:11.260 they felt
01:13:11.780 things are
01:13:12.840 moving along.
01:13:13.920 And then
01:13:14.200 suddenly Trump
01:13:14.900 says, yeah,
01:13:15.820 we're not
01:13:16.120 negotiating anymore.
01:13:17.660 Here's a
01:13:18.240 30% tariff.
01:13:20.260 Thank you for
01:13:21.060 your business.
01:13:22.660 Which I'm
01:13:23.360 starting to
01:13:24.060 love as a
01:13:25.720 technique.
01:13:27.860 I do love
01:13:28.880 the fact that
01:13:29.620 Trump says,
01:13:30.360 we gave you
01:13:30.800 plenty of
01:13:31.340 time.
01:13:32.340 If you
01:13:33.080 can't come
01:13:34.040 up with a
01:13:34.440 trade deal
01:13:34.900 that we
01:13:35.280 can live
01:13:35.700 with, we'll
01:13:37.020 just send
01:13:37.480 you the
01:13:37.780 bill.
01:13:39.060 And then
01:13:39.420 if you
01:13:39.700 want to
01:13:40.020 have access
01:13:40.620 to our
01:13:41.100 markets,
01:13:41.740 you'll pay
01:13:42.580 the bill.
01:13:43.520 If you
01:13:44.140 don't want
01:13:44.620 access to
01:13:45.300 our markets,
01:13:45.880 well, your
01:13:47.100 entire
01:13:47.420 economies will
01:13:48.300 be in
01:13:48.700 big trouble.
01:13:50.100 So I
01:13:50.980 kind of
01:13:51.380 love the
01:13:51.820 fact that
01:13:52.520 instead of
01:13:53.020 pushing hard,
01:13:54.320 he's simply
01:13:55.100 saying, do
01:13:55.900 what you
01:13:56.140 want to
01:13:56.440 do.
01:13:57.040 But we're
01:13:57.700 going to do
01:13:58.080 what we
01:13:58.440 want to
01:13:58.780 do, which
01:13:59.640 is charge
01:14:00.200 30% if
01:14:01.540 you want
01:14:01.760 access to
01:14:02.320 our markets
01:14:02.820 and then
01:14:03.660 just make
01:14:04.100 it their
01:14:04.440 problem.
01:14:06.340 That's the
01:14:06.940 beauty of
01:14:07.380 it.
01:14:07.820 It just
01:14:08.180 makes it
01:14:08.560 their
01:14:08.740 problem
01:14:09.160 instead of
01:14:10.260 our
01:14:10.480 problem and
01:14:11.140 their
01:14:11.320 problem.
01:14:12.180 No, it's
01:14:12.580 just your
01:14:12.920 problem.
01:14:14.200 You know,
01:14:14.540 just here's
01:14:15.300 the bill.
01:14:16.260 I do love
01:14:17.120 that.
01:14:19.920 All right.
01:14:21.420 I saw
01:14:22.080 Zuby.
01:14:23.340 You know
01:14:23.960 Zuby.
01:14:25.940 You've seen
01:14:26.580 him on X.
01:14:27.300 You've seen
01:14:27.660 him on
01:14:27.940 podcast and
01:14:29.460 he was
01:14:29.960 published on
01:14:31.000 X, the
01:14:31.520 median age
01:14:32.660 by country.
01:14:33.900 Now, for
01:14:34.800 those of
01:14:35.220 you who
01:14:35.580 are not
01:14:35.980 nerds,
01:14:36.840 median
01:14:37.220 doesn't
01:14:39.020 mean average.
01:14:39.700 It means
01:14:40.020 half of the
01:14:40.760 people are
01:14:41.180 above that
01:14:41.780 and half
01:14:42.600 of the
01:14:42.800 people are
01:14:43.180 below it.
01:14:44.220 So in
01:14:45.000 Monaco,
01:14:46.260 the median
01:14:47.180 age is
01:14:47.840 57.
01:14:49.520 Half of
01:14:50.200 all the
01:14:50.500 people in
01:14:50.920 Monaco are
01:14:51.640 older than
01:14:52.280 57.
01:14:54.040 That's
01:14:54.520 pretty old.
01:14:56.400 But you
01:14:57.060 have to
01:14:57.320 have a lot
01:14:57.660 of money
01:14:57.980 to live
01:14:58.380 in Monaco,
01:14:59.080 so that's
01:14:59.400 probably why.
01:15:00.600 Japan is
01:15:01.320 50.
01:15:03.180 That's the
01:15:03.720 median age
01:15:04.980 in Japan
01:15:05.440 is 50.
01:15:08.660 That's
01:15:09.260 way up
01:15:10.620 there.
01:15:12.260 If you
01:15:13.020 get all
01:15:13.420 the way
01:15:13.640 down to
01:15:14.720 China and
01:15:16.120 the USA,
01:15:17.240 we're very
01:15:17.900 similar.
01:15:18.640 China,
01:15:19.160 the median
01:15:19.960 age is
01:15:20.500 40 and
01:15:21.800 the USA
01:15:22.340 is 39.
01:15:25.160 If you
01:15:25.940 took away
01:15:26.720 illegal
01:15:27.880 immigration,
01:15:29.780 I believe
01:15:30.340 our median
01:15:31.300 age would
01:15:31.920 probably jump
01:15:32.600 up pretty
01:15:33.060 high, but
01:15:33.680 I don't
01:15:33.920 know about
01:15:34.320 that for
01:15:34.700 sure.
01:15:37.480 But then
01:15:38.080 you keep
01:15:38.520 going down
01:15:39.000 the list.
01:15:40.580 India,
01:15:41.200 the median
01:15:41.800 age is
01:15:42.420 30.
01:15:44.420 Just think
01:15:44.940 about that.
01:15:46.060 In Japan,
01:15:47.120 the median
01:15:47.800 age is
01:15:48.500 50,
01:15:50.060 and in
01:15:50.800 India,
01:15:51.400 it's 30.
01:15:52.440 In Mexico,
01:15:53.080 it's 31.
01:15:53.860 So these
01:15:55.120 are very
01:15:55.420 young
01:15:55.700 countries.
01:15:57.040 But it
01:15:57.540 gets younger.
01:15:58.420 Philippines,
01:15:59.120 26,
01:15:59.880 Egypt,
01:16:00.300 24,
01:16:00.920 Ghana,
01:16:01.320 21,
01:16:02.020 Nigeria,
01:16:02.680 18,
01:16:03.680 and Niger,
01:16:04.600 15.
01:16:06.440 The country
01:16:07.500 of Niger,
01:16:09.200 the median
01:16:10.060 age,
01:16:11.380 is 15.
01:16:14.620 In Japan,
01:16:16.540 it's 50.
01:16:17.660 No,
01:16:17.980 in Japan,
01:16:18.660 it's 50.
01:16:19.280 Wow.
01:16:23.060 Now,
01:16:23.640 obviously,
01:16:24.540 we assume
01:16:25.540 that Niger,
01:16:26.940 the people
01:16:27.520 are having
01:16:27.860 lots of
01:16:28.300 babies.
01:16:29.820 So,
01:16:31.000 it's probably,
01:16:32.100 you know,
01:16:32.580 if you look
01:16:33.060 at the
01:16:33.360 birth rate
01:16:34.060 plus the
01:16:35.260 age,
01:16:36.340 you've got
01:16:36.920 a pretty
01:16:37.600 good way
01:16:38.160 to predict
01:16:38.720 who's going
01:16:39.260 to be doing
01:16:39.800 well in the
01:16:40.340 future.
01:16:40.920 If I had
01:16:41.360 to guess,
01:16:43.340 if I were
01:16:44.120 an investor,
01:16:45.080 and this is
01:16:45.580 not investment
01:16:46.380 advice,
01:16:47.600 but if I were
01:16:48.140 an investor,
01:16:48.660 I'd say,
01:16:49.420 hmm,
01:16:49.880 Japan looks
01:16:50.560 like a
01:16:50.880 problem.
01:16:52.720 Germany is
01:16:53.500 47.
01:16:54.420 That's kind
01:16:55.020 of old.
01:16:56.480 But then I
01:16:57.360 would look at
01:16:57.800 Mexico,
01:16:58.900 where the
01:16:59.320 average age is,
01:17:00.300 or the median
01:17:00.960 age is 31,
01:17:02.520 where India
01:17:03.520 is 30,
01:17:04.640 and I would
01:17:05.820 tell myself,
01:17:07.040 hmm,
01:17:08.120 there's going
01:17:08.600 to be a lot
01:17:09.080 of energy
01:17:09.740 in those
01:17:10.200 countries.
01:17:11.840 So,
01:17:12.440 if you had
01:17:12.700 a very long
01:17:13.680 investment
01:17:15.120 horizon,
01:17:16.720 I would
01:17:17.960 favor the
01:17:18.560 younger
01:17:18.880 countries,
01:17:20.340 the ones
01:17:20.980 that at
01:17:21.260 least are
01:17:21.600 developed a
01:17:22.320 little bit.
01:17:23.960 So,
01:17:24.520 don't invest
01:17:25.300 based on
01:17:26.020 my
01:17:26.840 commentary.
01:17:29.040 I'm not
01:17:29.440 investment
01:17:30.080 advice guy.
01:17:32.400 But,
01:17:32.700 ladies and
01:17:33.560 gentlemen,
01:17:34.360 that's all I
01:17:35.140 have for
01:17:35.400 today.
01:17:36.260 Kind of a
01:17:36.720 slow news
01:17:37.300 day.
01:17:37.980 I suspect
01:17:38.900 there will
01:17:39.180 be lots
01:17:39.560 more this
01:17:40.100 afternoon.
01:17:42.420 And I'm
01:17:43.120 going to say
01:17:43.400 some words
01:17:43.860 privately to
01:17:44.740 the beloved
01:17:45.780 people on
01:17:46.640 Locals.
01:17:47.980 The rest
01:17:48.580 of you,
01:17:49.020 thanks for
01:17:49.420 joining.
01:17:50.060 I will
01:17:50.380 see you
01:17:51.060 tomorrow.
01:17:53.660 Same time,
01:17:54.180 same place.
01:17:55.540 All right.
01:17:57.020 Locals,
01:17:57.760 coming at
01:17:58.240 you,
01:17:59.200 private,
01:18:00.240 in 30
01:18:01.140 seconds.
01:18:15.780 Let's
01:18:17.320 on
01:18:18.200 your
01:18:18.380 home.
01:18:20.340 See you
01:18:21.240 on
01:18:21.740 your
01:18:22.020 edge
01:18:22.620 and
01:18:23.260 there
01:18:23.940 is
01:18:24.300 the
01:18:24.620 one
01:18:26.160 you
01:18:30.440 you
01:18:31.520 have
01:18:32.320 fifth
01:18:33.180 in
01:18:33.640 one
01:18:34.060 another
01:18:34.180 one
01:18:35.700 one
01:18:36.520 one
01:18:37.480 ¥
01:18:39.240 or
01:18:40.360 what
01:18:40.740 do
01:18:41.320 and
01:18:41.860 it
01:18:42.640 in
01:18:43.460 one
01:18:45.100 Thank you.
01:19:15.100 Thank you.
01:19:45.100 Thank you.