00:11:48.420let me take you back to august of 1940 france has fallen britain is alone the lufwafa over
00:11:59.060london and america is neutral and intends to stay that way winston churchill makes a decision
00:12:05.180that on its face is insane he gives everything away he sends a team of scientists across the
00:12:12.140atlantic sir henry tizzard i think was his name he was carrying a a suitcase size metal deed box
00:12:19.400and he waited it so it would sink if the ship were torpedoed
00:12:24.400inside the box were the plans for the whittle jet engine this was britain's atomic bomb research
00:12:33.500it was a small copper device the size of a fist called the cavity magnetron
00:12:39.820It had radar transmission or a transmitter, roughly a thousand times more powerful than anything we had.
00:12:49.340He lands in Halifax on the 6th of September.
00:12:53.220There they were in Washington by the 12th with this device.
00:12:58.040James Finney Baxter, the official historian of American wartime science, later wrote that they carried the most valuable cargo ever brought to American shores.
00:13:09.160Britain had the genius, but Britain did not have the factories.
00:17:55.740Now, imagine a giant factory, a weapons program.
00:17:59.100That'll run for 10 or 15 or 20 years from a laboratory to the battlefield.
00:18:03.540You ask a company to tool a production line, hire 400 engineers, pour a foundation on the legal authority that it might be done in a decade.
00:18:14.740The honest people are going to say, no, it's not going to happen.
00:18:17.380So a sunset doesn't slow the program down.
00:18:20.540It actually can stop it from ever starting.
00:18:23.560The second is that a sunset is a calendar you hand to your enemy.0.66
00:18:28.600Tell Tehran and Beijing there's a date on which this is going to be killed,0.51
00:18:32.200and you've told them exactly which election to buy and what year to wait for.0.58
00:18:37.200And the third answer, in 2024, after 66 years,
00:18:41.280the United States and Britain amended our mutual defense agreement.
00:32:20.520I don't think that we can do anything to stop it, but I don't think that this is pretty much just how it works in most, you know, I guess, proxy Cold War type situations.
00:32:31.000I don't see this as being a huge escalatory thing.
00:32:35.780It makes the entire situation a lot more dangerous.
00:32:39.460But this is kind of the world that we're in now with this, you know, whether it's in Ukraine, whether it's anything involving us against this axis of Russia, China, Iran, and then vice versa.
00:32:51.860It feels very much like the Cold War, you know, of the 1960s, 70s, 80s, for sure.
00:32:57.360so history teacher leo stay in on this one wrote in um there's a lot of talk about possibly using
00:33:06.180tactical nukes to take out pickaxe mountain i think that would set a dangerous precedence
00:33:11.520for other nuclear-armed countries what do you jason and glenn think uh i think the use of any
00:33:18.280tactical nuke is wildly dangerous yeah wildly dangerous yeah uh there's no for for most countries
00:33:27.100any kind of use of a nuclear weapon is nuclear warfare so it doesn't matter what you put in
00:33:33.860front of it whether it's intercontinental ballistic missile nuclear warfare or if it's
00:33:38.340tactical nuclear warfare it's an escalation to nuclear warfare and i personally don't see any
00:33:44.000country doing that because that is how we see it that's how our adversaries see it so no i don't
00:33:49.640think that we would do that i did anything with nuclear i think president trump avoids like the
00:33:55.540plague and he should um glenn question about last night the choke point resolution the canal
00:34:01.100do you mean the the panama canal will be used for shipping oil to the world yes it already is
00:34:07.020um you mentioned the gulf and canal but didn't say which uh i was left wondering i don't remember
00:34:15.020um i don't remember the canal part i think the canal i was talking about a canal
00:34:21.020historically speaking that we used to stop the Dutch from doing exactly what Iran is doing
00:34:30.460back in the 1800s. I'm talking specifically about oil pipelines that are now being built,0.94
00:34:37.660and those will be built. I think the initial 60% open will be 2027, and then I think the rest of
00:34:46.240it will be open by 2028. Glenn, thanks so much for this information. First question that comes
00:34:50.640of mind about the canal that's being built, where exactly is it built on
00:34:54.640and on whose land is in the future problem in the making
00:34:58.060pushing the can down the road. I'll have to go
00:35:02.600back and look at the script. I don't think I talked about a canal. Did I talk about a canal,
00:35:06.560Jason? I don't remember a canal, but I thought you were just talking about the Strait of
00:35:10.460Hormuz and possibly the Suez. Maybe you were talking
00:35:14.580about the Suez Canal? I don't remember. I don't remember. I'd have to go back
00:35:18.700and look at that um i again i remember the dutch canal i don't remember any other canal um however
00:35:24.680uh let me go back and look at it i'm specifically talking about the pipelines and the pipelines
00:35:31.440some of them run over uh what is the what's the the country right beneath uh iran
00:35:40.060where the canal narrows adjacent uh not not beneath iran do you mean oman on the other side
00:35:50.740of the strait yeah yeah right but that comes up is it oman no oman is more to the east i don't
00:35:59.720have a map in front of me anyway it's being run right in the narrowest point it's being run right
00:36:06.180through that country so they don't have to go up through the Strait of Hormuz, which
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00:38:45.860most of us don't spend a lot of time thinking about what may or may not be in our tap water
00:39:01.800you turn the faucet on you fill a glass and you assume it's fine and it's been that way all of
00:39:06.100our lives right right right well when you were a kid you didn't even think about you know filling
00:39:11.680your glass from the tap with water? Of course not. And maybe you haven't as an adult either,
00:39:16.680but there are studies looking at, what is it, atrazine? That is a common agricultural pesticide.
00:39:21.540There are all sorts of weird things that happen with animals with this stuff, and it's known to
00:39:25.720run off into water sources. There's fluoride that the government puts into water, of course,
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00:40:48.960An insider just had a really great idea.
00:40:51.480Why doesn't Trump just say we're going to start building refineries
00:40:54.860or build a refinery to refine light sweet crude?
00:41:01.700And I'm just looking up some facts on this,
00:41:06.160And I'm not sure that that would make a, it would close some of the loop, some of the price problems, but it would not allow us to decouple from the price of the global market.
00:41:22.560So even if we refine our own oil, that barrel of crude oil, even if it's light sweet, still has to be pegged to the global market.
00:41:33.700I don't understand that part yet, but I'm going to figure that part out.
00:41:37.440When I figure that part out, then I – because the idea of the insider was, why doesn't the president just say we're building an oil refinery?
00:41:46.300We built the Empire State Building in 12 months, 11 months actually.
00:41:52.380The entire building went up in 11 months because we were dedicated to doing it.
00:41:57.200And Donald Trump is the greatest builder ever.
00:46:55.180First, let me tell you about real estate agents, itrust.com.
00:46:57.780If you need a real estate agent, the internet can give you 1,000 names in about three seconds.
00:47:03.200What it can give you is confidence that the people behind those names are going to show up,
00:47:06.820tell you the truth, negotiate well, handle one of the biggest financial decisions of your life properly.
00:47:12.600And a lot of those names that are going to pop up are paid to come up.
00:47:16.220They've paid for that opportunity for you to see their name.
00:47:20.220We started something called realestateagentsitrust.com.
00:47:24.240My brother and I started it, I don't know, about 10, 12 years ago.
00:47:27.520And we were looking for a way to trust real estate agents because we had just both come out of bad experiences with real estate agents.
00:47:35.000And we wanted to know, how do you even find one?
00:47:37.860Well, we started working with the 500 best real estate agents in the country, according to the Wall Street Journal, and we learned from them.
00:47:44.900And then we went out and we found people.
00:47:46.420They're not paying us to, you know, be on this list.
00:47:51.300We go out, we find them, and we vet them six ways to Sunday.
00:47:57.660Are these really the people who are the absolute best?
00:48:02.720So unlike a paid search, this is a search that we conducted.
00:52:17.260And you find out that around 2 a.m., he found a flaw in the door lock that the manufacturer didn't even know existed, and he let himself out.
00:52:28.580He found a password on a sticky note, got into the district server, found the answer key, memorized it, walked back, locked the door behind him, and then, you know, you showed up.
00:52:39.040Now, when you ask him why he did it, and this is the key, he didn't say because I wanted to be free.
00:52:47.260So it didn't escape. It didn't escape. It went back into the box.
00:52:53.580What that student would tell you is, you told me to get a good score.
00:52:57.740That's the story here, not the escape. That's the story.
00:53:01.100The reason OpenAI's own words were that the models appeared hyper-focused on solving that benchmark,
00:53:08.920going to extreme lengths for a rather narrow testing goal.
00:53:12.180this is the real problem i've always said do not fear the machine fear the algorithm fear the
00:53:21.760programming fear the people who programmed it because they gave it a goal and it accomplished
00:53:29.960its goal but it accomplished its goal in a way we never thought of and one we don't approve of
00:53:36.380that's the problem with ai now let me take you to hanoi for a little bit of history
00:53:43.060it's 1902 french are running colonial indochina and they just finished building this really0.56
00:53:51.060amazing uh modern sewer system uh and it's all beneath the european quarter and they discovered0.67
00:53:57.920they built a five star on a five star hotel for rats okay the bubonic plague is the fear
00:54:05.840So the colonial government does the sensible administrative thing and puts a bounty on rats.
00:54:37.780Now, for a while, I can relate to this because for a while, we have coyotes and we have wolves.
00:54:45.520And there was such a problem up here, I think with coyotes a while back, that Idaho put a bounty on their head and said, we'll give you 50 bucks.
00:54:57.020You just bring us the ear of a coyote.
00:58:58.520We're going to know exactly what we mean.1.00
00:59:01.380And it's going to interpret it as, oh.
00:59:03.720I mean, you give AI the goal of we have to have paperclips, make all the paperclips you can, do whatever you have to do to make paperclips.
00:59:15.940Well, at some point, that means I'm going to need more factories, I'm going to need more steel, I'm going to need more electricity.
00:59:25.180So it just starts stealing electricity from your home because it has to make paperclips.
00:59:30.360It starts taking materials from cars and it starts making paperclips because you said, whatever it takes, make paperclips.
00:59:40.660And it won't understand that there's reasonable things when you were talking about paperclips.
00:59:46.580That's the more likely scenario, I think, than this evil AI taking over at this point.
00:59:52.740It just getting out and doing something exactly to exactly check the box of its goals.
01:00:02.280It's just going to do it in a way we never thought.
01:11:17.140That 20 minutes is the reason a generation of American working men owned a home, because the moment that that seller requirement came off the book, Levitt's crews got down to building one house every 16 minutes.
01:11:33.260And that became the sales pitch. 17,447 houses by 1951. It was Levittown first. The Cape Cod, that sold for 7,990.
01:11:47.140nothing down if you served. That was about two and a half times what a family earned in a year.
01:11:53.740Today, our home, the typical American house, runs closer to five times what a family earns in a year.
01:12:01.940Nobody repealed the laws of physics between 1947 and now. All we changed was the paperwork.
01:12:09.900On yesterday's program, and this is so critical because the answers are clear,
01:12:15.060and I'm going to give you one here in a second.
01:12:16.780You want to win the next election, Republicans.
01:12:19.540You must focus on the price of housing
01:13:09.700And it's decided by people whose names you can learn this afternoon and you can show up and drive across town and show up in their office or at their meeting tonight.
01:13:22.800Now, that's supply. Now the other half.
01:13:25.680In March, economists at the Federal Reserve Bank in Dallas ran that first serious measurement of what 7 million illegal border crossings between 21 and 24 did to the local housing market.
01:13:36.440For the average metro area, they put roughly 30% of the total run-up in home prices and about 20% of the run-up in the rents of that cost.
01:13:49.780Every 1% increase in unauthorized workers relative to the local workforce pushed the home price up 2.2% and rents up 1.4%.
01:14:00.980So you want to know why we're having a hard time buying houses?
01:14:04.480It's because our local governments, along with the federal and state government, are completely out of control with regulation, and our federal government just opened up the borders.
01:14:28.860It's not the people selling the houses.
01:14:31.900It's the government that is the problem.
01:14:34.480now here's the part you know here's the sentence that i think should be carved somewhere in stone
01:14:42.420those flows raise the prices and rents in their words without significantly expanding new housing
01:14:50.180supply so the construction crews that was the big thing that everybody's coming in a lot of people
01:14:56.300all these workers come in and they work on constructions construction crew the construction
01:15:01.860crews grew, but the housing didn't. So put the two halves together and the arithmetic is like
01:15:08.780retardedly simple. Okay. Government spent four years adding millions of people to the demand0.99
01:15:16.300side while the government at every level made it slower and more expensive to add anything to the
01:15:22.660supply side. That's economics. There's no mystery here. There's no shadowy cartel. There's no Jew0.92
01:15:29.140behind the corner. It's a bathtub with the tap wide open and a towel that's stuffed in the drain.1.00
01:15:36.660Which means the fix should be just as simple. And there are three fixes. And this is what every
01:15:44.400Republican should be shouting. One, don't add people to the country faster than you can add
01:15:50.340roofs to it. That's not cruelty. That's landlord arithmetic. Two, make it legal to build a cheap
01:15:58.720house again. Not a dangerous house. A modest house. Small lots. Small square footage. Fewer
01:16:06.540mandated features that a couple didn't ask for and can't finance. Three, stop borrowing money
01:16:13.520you didn't have. Because the deficit sets the interest rate and the interest rate sets the
01:16:18.840mortgage and a family shopping for a payment doesn't care whose fault the rate is. I don't
01:16:24.980know why we don't do this i really don't start with the codes and start with levitt himself
01:16:30.540because here's here's the problem and this is why you have to be really careful you can't just say
01:16:36.520we don't want we don't want any of these rules the slab under the houses that ran hot water pipes
01:16:42.820through the concrete for radiant heat back then the copper corroded the leaks soaked into the
01:16:48.720ground where nobody could see them and a lot of these families just abandoned their heating
01:16:52.640systems inside of 20 years so some of what your building code is built on i hate to say it this
01:16:59.900way but it's true is somebody else's dead child okay the honest version of the argument is not
01:17:06.600that regulation is theft it's that we have never once gone back and asked which rules are still
01:17:13.940buying us something on immigration the same dallas fed paper that conservatives are quoting this week
01:17:21.360also found that those workers accounted for roughly 30% of employment growth in the average
01:17:29.080metro. And it did not find that it drove the wages down. So pull labor out of a construction
01:17:39.080industry that's already short, and you can raise the price of the very houses you're trying to
01:17:44.360make cheap again. So this is not an easy fix, but it is one we should address. By the way,
01:17:51.160This is also just a preliminary draft, a working draft.
01:17:54.220So the Dallas Fed says on the front of it, you can't count on this yet, okay?
01:18:00.520And I always want to tell you the truth, and I don't want to give you a straw man argument.
01:18:06.980I've spent too much time shooting from the hip and saying things that I thought people would understand, and they don't.
01:18:19.120So I try to be very specific because I don't want you to go out and make an argument and then somebody says, well, that was a flawed study.
01:18:26.780They said it, you know, three weeks later.
01:18:29.400Well, I just want you to know, it's not a finished thing.
01:19:49.380We were there on a Tuesday night in 1947.
01:19:53.260And the whole thing turned in 20 minutes because there was a room full of ordinary people that showed up and made seven politicians afraid to say no.
01:20:03.500Now, there's a lot of these politicians that don't fear you at all.
01:25:11.400As a business owner, entrepreneur, or leader, let me ask you something.
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01:29:42.420The wars, the courts, the money, the machines that are learning faster than we are, the oil, the gas price, what's happening in our kids' schools, the political nonsense, the corruption that's going on.
01:29:58.000We were never built to absorb all of this.
01:30:00.800No human being can absorb all of it, and it never seems to resolve.
01:30:05.100It just accumulates, and that's why you're exhausted.
01:30:08.840That's why you're tired and that's why you feel like you do.
01:30:12.700Like the world is coming apart and we're losing.
01:30:15.100The world is coming apart, but we're not losing.
01:30:19.500Underneath almost every single one of these messages or conversations I have,
01:30:25.340and sometimes it's asked outright, sometimes buried at the bottom like a confession,
01:37:51.020Then, after you study history, and by the way, Torch is built for this.
01:37:54.640And I'm going to start, I haven't talked to anybody about this, but maybe in the next month, give it some time, maybe by the end of the year, I want to start releasing a primary source, first source document once a day based on something that we're finding is happening in history.
01:38:16.080and I'll just show you the primary source document
01:44:09.100That's why American Financing is offering the smart equity loan, and it can allow qualified homeowners to access their equity without replacing the low-interest first mortgage that they have.
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01:49:31.860I just want to play some clips from yesterday and just deal with it here.
01:49:40.700Jon Stewart has really revealed who he is.
01:49:44.540Jon Stewart is, I don't think he's a humble man.
01:49:48.940I don't know him personally, but he's never struck me as a humble man.1.00
01:49:53.200And he's always struck me as somebody who just thinks he's so smart and everybody else that disagrees with him is just an idiot.0.96
01:50:01.280Well, maybe that's the cause of the interview that he's just done with Mamdani on his support for the Democratic Socialists of America.0.99
01:50:10.96051% of their board are avowed communists.
01:50:27.960If someone says we're going to abolish all prisons and borders, I do go, I don't think that's a good idea.
01:50:33.320It feels like order and security is also a progressive value.
01:50:37.720Why shouldn't people in neighborhoods with less resources have the same safety and security that neighborhoods with lots of resources?
01:50:45.700So are there tenets of those that are kind of following in the wake of Zoran Mamdani's success that you're not comfortable with or that give you pause?
01:50:57.660If you have more than one socialist in a room and there isn't disagreement, then you don't have more than one socialist in a room.
01:51:05.420So, but you're comfortable with those kinds of discussions.
01:51:08.520Well, I'm comfortable with disagreement and I'm comfortable with disagreement that doesn't end the conversation entirely.
01:51:15.700mm-hmm i didn't get crap out of that um let me move to um uh barack obama barack obama um
01:51:27.100well i'll have you hear what he said cut 14 about jd vance one of our major parties has0.66
01:51:35.200been captured by politics that is not that subtle about suggesting that we the people means
01:52:13.880And, you know, that's echoes then ideas about who can be a citizen, who belongs, who gets to make decisions.
01:52:22.360A hundred years ago, a vice president could not stand up and make a nativist argument if he was married to the daughter of an Indian immigrant.
01:53:03.860Wait, you're buying into that he's a blood and soil kind of guy,0.69
01:53:08.900which means you know that's a nazi blood and soil okay um so you're buying into the premise that
01:53:15.880jd vance is a nazi that he believes in blood and soil that he believes it matters where your
01:53:22.340parents came from uh is anybody aware of jd barrett jd vance's parents i mean you know i don't
01:53:32.480know if they came over on the mayflower but if they did they were probably in the hold of the
01:53:37.280Mayflower in a little prison down there because they were trouble. I mean, what? I have not heard
01:53:47.160J.D. Vance ever say anything like, you got to be white, you have to be European, you have to be
01:53:53.700from the Mayflower. I've never heard him say anything like that. And then he marries an Indian,
01:54:02.440He marries a woman who is an immigrant or her parents were immigrants themselves, and yet they use that to say that he only married her because he feels guilty?
01:54:16.960You are so unbelievably arrogant to assume you know the heart of a man and make those kinds of assumptions just because he says, hey, we need to control the border.0.96
01:54:29.420um you know i know you both loved alexander hamilton the musical read alexander hamilton0.98
01:54:36.440you know as we pointed out in the golden door the the special on torch
01:54:40.460alexander hamilton was the strongest on it he was like no nobody nobody
01:54:46.900we've been having this argument for a very very very long time and it does not have to do0.63
01:54:57.920with race has nothing to do with race it might with some but those are the torch people those
01:55:06.160are the people that were by the way being funded by the southern southern poverty law center to
01:55:11.980be able to afford the torches and their robes and their cute white pointy hats
01:55:18.440i mean that is outrageous to make that assumption and then to sit there like it's an absolute
01:55:27.440fact i i don't know about anybody else but i'm tired of that i'm tired about on my side and i'm
01:55:33.020tired about that tired of that on their side um now let's talk about socialists uh here for a
01:55:39.400second um here's marco rubio by the way did you see that um the latest poll shows that
01:55:46.580gavin newsom would be beaten by kamala harris
01:55:51.560you want to talk about trouble for a party
01:55:57.040gavin being beaten no a rock being beaten by kamala harris
01:56:05.820one of the worst politicians i have ever seen in my lifetime no no no no no i have to get that
01:56:13.840guys to go to what was that guy's name who was like yeah and then we're going to minneapolis
01:56:19.060and we're in Minnesota and we're going to go to Iowa.
01:56:21.960Howard Dean, boy, that guy was a piece of work, wasn't he?
01:56:44.780I'm going to start just saying, so you know,
01:56:46.560every time i say this i'm lying because i'm gonna start saying you know who i'm really afraid of
01:56:52.560it's kamala harris that's who a boy just don't run kamala can you imagine kamala harris in a debate
01:56:57.920with jd vance or marco rubio or my shoe i mean whoo anyway speaking of rubio here is rubio
01:57:10.780on communism undermining america cut five your question was about communist influence yeah the
01:57:17.640united states doesn't want to be a communist country we're never going to be a communist
01:57:20.980country and we're not going to allow communist influences to undermine our politics or our
01:57:25.280society um so i don't know what the inconsistency you're referring to is it's very clear i don't
01:57:29.660you know obviously we understand the chinese system and other systems but uh i can tell you
01:57:34.300our system doesn't want communism and and we're certainly not going to allow communist efforts to
01:57:40.420undermine american society and drive wedges into our country and and that's what we're seeing you
01:57:45.220know and by the way one of the leading you know culprits of that for many years the intellectual
01:57:49.680authors that meant particularly in our hemisphere is the cuban regime which which our report on
01:57:54.860monday outlined jason i gotta bring you in for this you're our military guy we are going into
01:58:03.520cuba at some point very very soon with cuba you know it's like the ring it will be mine my precious
01:58:11.280i mean rubio is almost like you know twirling the ring around his finger every time he hears cuba
01:58:19.420my precious we are going into cuba you think i'm wrong on that when i first saw that i i think i
01:58:25.800texted ricky and i was like what are the odds are actually what is the time frame from when we
01:58:30.820invade Cuba. I was just expecting to see that. There's no odds. There's no odds. Nobody will
01:58:35.700bet against that. It's just when. The question is when. It's interesting, though, too, because
01:58:41.180they released that Cuba report. Did you see? This was brand new news from yesterday, I think. The
01:58:45.640House Ways and Mies Committee subpoenaed three nonprofits tied to Neville Roy Singham, and
01:58:51.400they're really pushing hard. And I looked it up. There's some overlap with some of the organizations
01:58:57.820tied to Singham and the organizations that were also in the State Department's Cuba report.
01:59:04.860So there is overlap. So it seems to be like this is much more than just Cuba.
01:59:09.420Look, if we were China, would we not be pouring money into Cuba? Of course we would. Would we not
01:59:16.800be pouring money into Mexico and every place south of our border and in Canada? Of course we would.
01:59:22.900we would try to rot the americas as much as we could and turn the rest of the americas against0.97
01:59:31.300the united states we'd absolutely be doing that i'm hoping we're doing that you know um in asia
01:59:38.180to china i mean that's one of the things you do to your enemies is you do that kind of stuff0.52
01:59:44.760of course they're doing that of course they're doing that we just have to stop tolerating it0.92
01:59:49.060But we have to recognize it first, and that's what they're doing.
01:59:51.640They're recognizing for the first time in my lifetime, well, since Reagan, they're actually talking about the influence that is coming in from foreign adversaries.
02:00:00.720And it seems to be focused really heavily right now on Cuba.
02:00:05.740I got to tell you, and maybe this is why they're doing this.
02:00:08.460If I were in that regime, I would be like sending messages all the time to Washington.
02:00:15.260Hey, by the way, when you get here, I'm on your side.