00:01:26.00018-plus only restrictions and eligibility requirements apply.
00:01:29.500Event contracts trading involves risk and may not be suitable for all investors.
00:01:33.340CalShe products are not available in all jurisdictions.
00:01:36.140Prices, values, and available markets may differ from those mentioned.
00:01:39.500For more information, you can go see calshe.com slash regulatory.
00:01:43.060This episode is brought to you by Cardiff, America's favorite small business lender,
00:01:46.180with over $12 billion funded since 2004,
00:01:47.980applying under three minutes for same-day funding up to $500,000 at cardiff.co slash Knowles.
00:01:52.860The great state of Tennessee is about to execute its first female death row inmate in over 200 years this morning, and liberals are outraged that a woman would ever be held accountable for anything.
00:30:39.040studying mathematics. The purpose of graduate education is not to make you more money.
00:30:43.680In fact, the purpose of graduate education is 999 times out of 1,000 to make you less money than you would make if you just went into the workforce.
00:30:52.660If you just go into the workforce and work for some company, you could make a lot of hundreds of thousands of dollars a year with a degree in engineering or something like that.
00:31:00.920If you go to graduate school for mathematics, you're going to probably become a professor or work at a think tank or work at some other research institution.
00:31:09.420And you're probably going to make $60,000 a year, not $600,000 a year.
00:31:13.040But you are doing that to pursue this contemplative life of the mind.
00:31:17.480In other words, you're doing that in order to work in fields that are not particularly commercial.
00:31:29.980Because practically speaking, in this modern era, over the last 60 or so years, where everyone is expected to go to college and everyone's encouraged to go to college,
00:31:39.980standards at the universities have collapsed.
00:31:41.900The humanities have totally collapsed.
00:31:44.540And even a lot of the science, STEM, more practical kinds of disciplines,
00:31:49.600even those have decreased in their academic rigor.
00:31:53.880Part of this is because government policies, social engineering,
00:31:56.540everyone going to school, all affirmative action, all manner of social engineering,
00:32:01.560it means that the standards have declined dramatically.
00:32:04.960And so in that period of time, the government has started subsidizing all this.
00:32:09.420So the college costs have gotten out of control.
00:32:10.760It could be $80,000 a year to go to a university, and you, the taxpayer, are paying for that.
00:32:16.420And that's totally wrong, especially because something like 30% of Americans have a four-year
00:32:20.720college degree. They do have higher earnings on average, and so you, the taxpayer, are subsidizing
00:32:27.040those degrees for people who are, on average, going to make more money than you are. That's
00:32:31.300totally wrong. It's giving a blank check on a political level to the most left-wing,
00:32:36.180awful institutions in the country. So we need to cut their funding. We need to, even just from an
00:32:41.700economic standpoint, we need to stop this bubble from exploding. We need to stop entrapping students
00:32:46.280in lifetimes of student loan debt. This is a description, a diagnosis that the left gets
00:32:53.920right. When the left talks about how awful it is that kids have this student loan debt, they're
00:32:58.020right. That is really awful. Their prescription, which is to make you all pay for it, is totally
00:33:02.400wrong and immoral, but the description, the diagnosis is totally right. We have right now
00:33:09.620student loan debt declining a little bit. From our friends at Calshi, we have U.S. student loan
00:33:16.700debt at the end of 2026. Where is it going to be? Looks like it's going to be 77% chance it's above
00:33:23.100$1.88 trillion. 40% chance it's above $1.9 trillion. So this would be a way to get all of
00:33:31.140that into alignment. However, we cannot become Philistines, utilitarians. We don't want
00:33:40.360materialists like the left. We're the civilized party. We conservatives, we're civilized. The
00:33:46.900left is not civilized. They're barbaric. They're the party of a sunpiker. They're the party of0.99
00:33:50.780political violence. They're the party of weird, decadent sex stuff. They're the party of stealing0.99
00:33:56.340your money and stealing your property. They're the party of envy. They're the party of ignorance.0.79
00:34:01.660We don't like that. We are the party of the great books, of great art, of real interests,0.79
00:34:09.780of using our leisure time, not in the abuses of the decadent modern liberal culture,
00:34:13.980but to be excellent, to engage in excellent physical activities, great athletics,