The Podcast of the Lotus Eaters

00:00:00.000 yeah so let's chat about how doge is getting on in these early days um we we've had some

00:00:05.180 interesting wins some eye-opening uh announcements of things that they found so far it's early days

00:00:10.340 but i thought we'd get into it because you know juicy topic can't wait to get into this one the

00:00:14.320 most exciting stuff going on um is the executive order we we took a look at that whatever it was

00:00:19.500 week or two ago uh when this first came out so there we go doge has been established and the

00:00:26.060 way they did it was a bit clever it wasn't it was going to be this new sort of advisory body that

00:00:30.620 didn't really have any links or power and what they ended up doing was taking over um was it

00:00:36.180 the united states digital services so that is a little agency that is basically embedded across

00:00:42.080 the entire u.s government so it's already in everywhere looking at the data stuff it's already

00:00:47.620 got you know offices payroll cleaning staff all the kind of back-end stuff you want to sort of get up

00:00:52.580 and running um and they've sort of taken this over and put it into it put it into effect now they

00:00:58.300 still don't have um as of themselves decision making power so they can make recommendations

00:01:05.720 but again the way that's been solved is they're going through something called the office of

00:01:10.340 management and budget yeah um the omb so i can't see anything going from doge to omb and getting

00:01:20.880 pushed back i mean they're clearly being told you know whatever comes through just

00:01:24.140 trump has instructed them to rubber stamp yeah blast everything through so effectively they have

00:01:29.680 got exactly what we were hoping they would have and everyone was saying was impossible for them to

00:01:34.600 have which is these teams that these kill squads that basically just go in and start

00:01:38.900 annihilating bureaucratic jobs and functions and spending everywhere so um uh yes very positive so far

00:01:47.140 now it's also quite clever how they've done it so uh they basically structured it into these

00:01:53.480 little teams these four-man teams so you've got a leader who's kind of your your decision maker you

00:02:00.640 know your your hannibal from the a-team who kind of figures out what what it is they're going to do

00:02:04.860 they've got a data engineer um and and that's good well i mean first of all i mean i suppose if you're

00:02:10.280 going with the u.s digital services i mean you kind of want to do that but it fits into the whole tech

00:02:14.300 bro takeover of the u.s government thing that we're witnessing so that's very cool but they could

00:02:18.660 do they can do interesting stuff like go into the systems and see okay um out of our workforce or

00:02:25.120 whatever it is like 100 000 people how many of them actually send emails or log into the system

00:02:30.340 or do anything at all you know how many of these people yes turn up at the office that's a good one

00:02:34.940 um you know how many people are actually doing anything so they can very quickly identify who is

00:02:41.120 just basically on the payroll you know maybe working a second job something like that um third

00:02:46.700 member of the team um in the little a team is uh an hr person so basically the executioner

00:02:53.660 the person who possibly softens the blow somewhat well hopefully not yeah hopefully not but um uh no

00:03:02.240 you want you want your axemen sharp to uh an axe to be sharp so so i mean they're they're basically

00:03:06.680 navigating you know how can we do it so the leader says yeah we need to get rid of basically all of

00:03:10.520 them um they figure out you know okay how do you actually do without falling foul because you know

00:03:15.460 you're going to have activist judges all over this those of employment laws etc etc all that kind of

00:03:21.340 stuff and i think the biden regime in the last few days they kind of did everything possible to

00:03:26.000 to make it as difficult as possible to fire people but they're just lasting for all of that

00:03:30.260 um and the last one is a lawyer because um with government there's a whole load of uh we call

00:03:37.060 them statutory functions over here um but but basically stuff which is managed mandated by statute

00:03:42.000 or you know law or something like that so you need to be a little bit careful when you're unpicking

00:03:46.800 something that you're not basically doing anything illegal so so there you go you've got your four

00:03:52.280 man team now i actually quite like this this four man setup because it's kind of the perfect size

00:03:58.940 for getting shit done because anything bigger than that and you start finding that you know you can't 0.65

00:04:05.300 get everybody together but a four man team you can probably that's like probably the the maximum

00:04:09.800 size that you want for really quickly going through and making decisions it's a tight executive team yes

00:04:14.460 yes it's tight tight throughout so um why is this important why why is why is the work that doge

00:04:21.800 doing so important so this is um us federal government spending now um you'll notice that it doesn't look

00:04:31.420 particularly good um i would divert your attention in particular to uh let's have a look at this so here

00:04:38.240 we go 20 2019 uh the federal government was spending four and a half trillion which is quite a lot of money

00:04:46.660 that is but it's manageable i mean i well i know it wasn't i'm overigging it wasn't quite manageable

00:04:54.240 it was getting unmanageable slowly yeah now it's 7.2 uh as you can see from this chart basically it

00:05:03.500 went through the roof after 2020 it's been a long slow climb upwards though hasn't it yeah but then it was

00:05:11.080 just rocket boots yeah now um that's going to be a combination of the of the pandemic and joe biden

00:05:18.700 but i mean that was such an effective double strike i don't i don't think many people many americans yet

00:05:27.540 realized just how damaging the combination of covid and joe biden was i mean you can see it from this

00:05:34.340 chart it's just it's just off the scale 4.5 7.2 in the space of just a couple of years the thing is

00:05:40.540 when we say 4 trillion or 7 trillion like these are numbers that are just almost incomprehensible

00:05:46.400 to the average person yes what does 7 trillion mean to you well it's a thousand billion per trillion

00:05:51.800 in the american calculation okay well how many well that's a thousand millions how much did you make

00:05:57.300 last year i don't know 100 grand yeah you know suddenly you realize that you are looking at scale

00:06:03.120 that you just can't comprehend oh the scales off the chart i think it's something like um what is it so

00:06:09.160 a million seconds is is is something like a couple of months um but a billion seconds is is like 40

00:06:17.960 years or something and then a trillion seconds is like thousands and thousands of years i mean the

00:06:22.180 the yeah the the the scale is immense the other the other site i want to um run people by is this the

00:06:28.520 the u.s debt clock um my favorite website which kind of keeps track of um u.s uh national debt and

00:06:35.720 there you can see it is 36 trillion spiraling up yeah bear in mind that is only um the the debt

00:06:42.480 the the problem you've got with the well basically every western country is they've made an awful lot

00:06:47.500 of promises so um you know we will give you a pension we will provide medical goods and services

00:06:54.240 and and stuff like that uh and and all of that in fact samson i don't know if i can do one here

00:06:58.960 can you go to the bottom right hand corner samson bottom right okay and this will give us total

00:07:05.280 liabilities including the debt oh no no not not that far down no the whirly bits um yeah total

00:07:13.260 unfunded liability um 8 trillion social security yes 8 trillion medicare 43 yep so a total unfunded

00:07:22.120 liabilities of 226 trillion which per american citizen not per u.s taxpayer yeah but just per

00:07:31.060 citizen including like all the old people and the little kids and stuff is um 665 000 dollars

00:07:38.560 it's just fiction yes it's just an obvious total fictional system uh yes it's it's it's well into a

00:07:47.720 debt spiral at this point so something something desperately needs to be done sometimes could you

00:07:52.700 take us back to the top left hand corner because a couple more bits i want to point out on this

00:07:56.320 right so um interestingly they've added a doge clock just saying if this was like my game of

00:08:04.240 civ or something i'd just start new oh yeah go new game yes well you probably would have failed by this

00:08:09.480 point the computer would have worked out that you've got no chance of over winning this if if somehow

00:08:13.740 i'd manage my civilization in this way i'd just restart yes yes well i mean it's kind of what

00:08:19.340 they did do at the last election but yes um they've added a doge clock so you can see how that's

00:08:24.540 ticking up what's the doge clock represent uh so that's the savings that they found so far oh okay

00:08:29.280 so that's why it's in gold and everything else is in red 55 billion that's a good start yeah i mean

00:08:33.700 it's a it's it's a reasonable start it's not so it's only been two weeks yes yes four years of

00:08:40.960 them theoretically slicing the federal so if you want to if you want to if you want to play along

00:08:45.520 at home and keep tabs on this go to the u.s debt clock and just watch that tick up and then hopefully

00:08:49.840 that will that will shoot up a bit more right so the number of the problem um so the number of the

00:08:54.060 problem is u.s spending over here um actual spending is 7.2 trillion and here's total taxes 5 trillion

00:09:03.420 which is a lot oh it is a vast amount of tax but not enough that's negative yes if if federal

00:09:11.200 spending was still four and a half trillion that'd be all right yeah you'd have a surplus yeah

00:09:16.940 now you you always you would always expect that to start going down about now anyway basically

00:09:22.720 because the boomers are retiring yeah and so a large cohort of people are going from the workforce

00:09:28.920 into into basically social security just just a quick thing yeah how do we know that this real

00:09:34.560 time tracking is accurate oh um they basically load in all the treasury reports and so it's not it's

00:09:42.700 not literal right but you can work out the rate that these things going up roughly so it's not it's

00:09:48.940 not exactly literally so it's an estimate but okay it's it's descriptive based on a large amount of

00:09:54.240 accurate data okay yeah right so yeah federal spending is so we've basically got a deficit of

00:10:00.440 this number here of two uh trillion yeah and and that's why the debt has gone up um as we talked

00:10:07.960 about uh previously to you know fairly uh monstrous level so challenge obviously for doge is how are we

00:10:17.120 going to get rid of two trillion of deficit how are we going to turn that around well you would

00:10:23.460 get rid of uh about four trillion worth of spending yes well two trillion worth of spending

00:10:29.520 at least but like you'd want to so just as much spending as you could exactly right and at first

00:10:35.920 blush that sounds relatively easy doesn't it because you just cut spending i would be quite

00:10:41.720 merciless about it yeah yes here's the problem though out of that 7.2 of spending uh about four

00:10:49.120 and a half of it is mandatory spending okay well what's not mandatory well then you've got another

00:10:56.320 trillion which is debt interest to who well whoever they mean the u.s does produce quite a lot of debt

00:11:04.880 who buys the debt well so it used to be china used to buy a lot of it and other world governments

00:11:12.620 in the last sort of 15 years or so world governments have started thinking yeah you're not going to pay

00:11:18.240 that back are you okay right so what they did is is they're kind of using what's called financial

00:11:22.560 repression they're basically making their own pension funds banks insurance companies buy it right

00:11:28.360 so and it's called tier one capital so so if you were to because i know where you're going you're

00:11:34.800 just saying i'll write it off well i mean the u.s government is the one with the army well yes but

00:11:41.580 but at this point you'd be largely screwing over your own economy because you forced your own

00:11:46.980 economy to buy a lot of this debt i mean other people are still buying it i mean saudis will

00:11:51.160 still buy a bit and all that kind of stuff but but actually a lot of it is your own pension funds your

00:11:56.340 own insurance companies so if you were to wipe it all away you'd be basically destroying your own

00:12:03.020 entire financial sector all your pensions would be gone your insurance would be gone your banks would

00:12:07.820 be gone so it's it's not quite as easy to do that so you've got you've got your mandatory spending and

00:12:12.960 that's things like um well medicare medicaid social security um how much was that something like

00:12:18.100 four and a half four and a half trillion including the debt servicing as well no no no no that's

00:12:23.420 that's five and a half trillion yes five and a half trillion um veteran benefits food stamps you

00:12:28.320 know a whole bunch of stuff like that now yeah in theory you can change that stuff but you need to go

00:12:36.240 through congress and there of course you've got some sensible people a decent cohort of rhinos 1.00

00:12:45.100 and the democrats and the democrats are obviously going to oppose everything and actually there's

00:12:48.880 enough rhinos to really screw this up oh dear yes so the only bit that you can cut is is about uh 1.7

00:12:58.800 something like that of discretionary spending so right so here we have the problem you see because

00:13:04.620 let's say you cut the entire discretionary spending well you're still you're still in deficit right and

00:13:13.100 that discretionary spending includes things like the military yes okay and if you get rid of that

00:13:21.380 people definitely aren't going to be buying your debt anymore because that's kind of the big stick

00:13:25.140 that you use on yeah that was how you were keeping them yes yeah i mean you wouldn't be able to fund

00:13:28.960 i mean you wouldn't be able to turn the lights on at the white house it would go back to being how it

00:13:32.180 was in george washington's day where it's just a house where you can work at and you supply your

00:13:36.840 own staff and linen right so you've got it you've got a tiny bit of a of a of a problem there um which

00:13:45.560 is why here we go so this is this is poly market um tracking how much they think um elon is going to

00:13:53.060 cut so the goal is and the other thing i should mention is they've set themselves a timely of 18 months

00:13:58.220 yeah so um so this poly market is saying how much will doge cut in the first six months

00:14:03.600 um you've got to cut um two trillion so you're looking at what six hundred and sixty six

00:14:09.980 billion uh 100 billion um per six months yeah and and poly market as you can see is is is very much

00:14:21.160 odds on for below 250 so basically the the betting markets are saying that doge is going to fail

00:14:27.060 at this um it need what needs to be in here this category down here if it's going to succeed so

00:14:34.580 actually i think these two are probably interesting bets if you were betting man i mean you know two

00:14:39.560 weeks 55 billion gone already actually in the time yeah what do you need to say hang on um

00:14:46.820 three billion a day yeah of recurring spend you need to cut every day yeah and so they are within that

00:14:55.740 amount at the moment right yes yeah i mean you might argue that

00:15:00.900 if you're looking for waste the early gains are the easiest possibly probably yes but i like this

00:15:10.000 but anyway so people people think um that he is um he's going to going to fail i would point out um i

00:15:17.240 have just recorded yesterday of broconomics on this whole subject we're going to much more detail

00:15:21.000 but one of the things i did in there was outline a plan for how um it can be done very quickly

00:15:28.280 if congress is on board right right it is it is as simple as this and i'll go through it right

00:15:33.700 step one you you raise the retirement age to 70 immediately

00:15:39.160 right no they're not going to do that yes that's that's they're not french no no wait that would be

00:15:47.800 lowering it no they're not going to do that and that's right but but that's that saves you a trillion

00:15:53.400 i bet it does literally a trillion i bet it does that one action and all you need to do

00:15:59.980 is is piss off some boomers yeah but the boomers are the ones who vote yeah well so and okay so

00:16:06.520 here here in lines the problem you see because if the government was given a a a choice where they

00:16:12.700 could halve the deficit deficit by pissing off the zoomers oh they do it instantly oh they i mean 1.00

00:16:18.320 they piss off the zoomers all the time just for shits and giggles even when even when there's no 1.00

00:16:21.900 particular reason to but they're not going to do it to the boomers no the boomers are yeah people

00:16:27.860 with with wealth and time yes and oh my god they really are just a log jam for our entire

00:16:33.460 civilization at this point aren't they oh that's the whole reason why this problem in the first

00:16:36.640 place is it's basically booms are getting old yeah yes and and the weird thing is right if if you

00:16:42.220 said that you're going to raise retirement age to 70 all the gen x's would be like yeah i wasn't

00:16:46.820 expecting to get anything anyway no i'm not so if you're telling me that i'm actually going to get

00:16:50.280 something at 70 then thank you very much and the millennials would probably be the same and the zoomers 1.00

00:16:55.980 haven't contemplated the notion that they're going to get old yet so so they're kind of irrelevant to

00:16:59.800 this conversation but the boomer who's 65 who is now looking at five extra years before he gets his

00:17:05.340 gibbs is going to go absolutely mental right but if you did do that one simple step like a trillion saved

00:17:14.300 and and my argument here is you know social security you know what what the americans call pensions

00:17:19.420 that was um basically created in 1935 yes now back then the retirement age was 65 so it's only

00:17:28.920 slightly lower than it was now the life expectancy was probably 70 61 oh there we go yeah so so retirement

00:17:35.120 age was above life expectancy right okay so most people died while working you know you come into

00:17:40.520 the office one day it's like where's bob he's like oh he's probably died he was he was he was 62

00:17:44.660 yeah yeah now what's happened today is life expectancy has gone way up so life expectancy is

00:17:51.180 now um um 77 it's around around that sort of level so you've now got at least a decade in social

00:18:00.640 security and if you were to keep the same set of assumptions on social security or pensions as

00:18:06.160 as we had at the beginning then the retirement age would be um what i worked it out retirement yeah

00:18:13.760 retirement age would be uh in yeah 80

00:18:17.080 four years after most people drop dead anyway yeah right so um yes now the other issue is is that

00:18:29.280 when pensions were started is old people were poor and now one in five boomers is a millionaire

00:18:36.120 god so um so they've done all right yes yes they've done reasonably well every step two um medicare

00:18:45.680 so again um medical care for old people um cut that um to basically just critical care not elective

00:18:55.440 care um that's another 500 billion so you've now saved 1.5 and uh medicaid which is the poor people

00:19:03.580 not old people one um that's another 400 billion and then if you close overseas military bases in

00:19:11.220 places like germany and other places where you don't actually need them that's another 200 billion

00:19:15.040 so with those simple steps you can basically get rid of the entire deficit within a week if you

00:19:20.400 wanted to the problem is those are the bits that are popular yeah yes i don't i don't think any of

00:19:26.480 that's gonna happen yes um the other thing is you can do is you can try and grow the economy so

00:19:30.960 let's say elon cuts right cuts spending by half yeah as long as they can get um gdp growth up two

00:19:40.620 percent that does the other trillion over 10 years right okay which they might actually do because

00:19:45.880 they're making the economy more effective right so so so that's that that's the problem um as

00:19:51.160 nobody thinks he's going to do it as i've laid out actually you could do it in five minutes if you

00:19:57.320 wanted to um what have they actually done so far so one of the things that doge has discovered when

00:20:04.000 they've gone into this is that um there is a system of basically payment checks as you would expect

00:20:09.540 so whenever somebody tries to spend money in the government there's a there's a department in the

00:20:14.340 treasury that checks the payment yeah they were literally instructed to never ever deny a payment

00:20:20.140 even when that payment was known to be fraudulent

00:20:23.820 or going to a terrorist group i feel like i missed out on a lot of opportunities here

00:20:29.780 yes i'm not knowing this yes

00:20:31.780 we we should have spent our entire career basically just sending invoices to the u.s government

00:20:37.960 yeah so you've got people you've got people who have worked in that role for decades

00:20:43.340 and literally never once denied a payment it's like spending was literally the point

00:20:50.540 even to known fraudulent or terrorist groups yes i know this is a fraud rubber stamp i know this is

00:20:57.960 al-qaeda rubber stamp yes mad yes it is it is a little bit mental um here's some of the savings

00:21:05.480 some of the uh savings that they've had so far so what have we got um 1.5 million to advance

00:21:10.600 diversity equity inclusion in uh serbia's workplace and business community yes probably not necessary

00:21:18.300 um we've got 70 grand for production of a dei musical in ireland yes probably non-essential

00:21:28.860 probably but these are all really small this is all small yeah it is but i mean this is this is if

00:21:34.800 you're going after the discretionary bit so that whatever is 1.7 trillion that you've got it is going

00:21:40.380 to be composed of lots and lots of little things we've got we've got some bigger things coming up

00:21:44.440 2.5 million for electrical vehicles in vietnam 47 000 for a transgender opera in columbia

00:21:50.800 and 32 000 for a transgender comic book in peru what i love about this is just pure liberal

00:21:56.800 ideological nonsense yes it's just oh well we're going to save the planet how like transgender 1.00

00:22:02.340 musical in columbia electric vehicles in vietnam oh we're going to liberate people from the

00:22:06.840 oppression of gender how transgender comic books in peru yes thank you god yes i have 30 grand for

00:22:13.100 that um us aid which josh went through yesterday so um i'll be a bit light on this because i know i

00:22:20.680 know he covered it in some detail but um yeah it's got some of the things we've already talked about

00:22:25.100 the comic book um two million to fund tourism in egypt yes just you might think that's the egyptians

00:22:34.660 problem yeah yeah i would actually and i would have thought that's that's also their income like

00:22:40.660 so why would you be funding that that's well because you get to spend money that way and spending

00:22:46.780 money was the goal good point um two million for sex for a sex change activist in guatemala

00:22:52.760 must have been a bloody good sex change but maybe did it several times yeah um i don't know who that

00:22:59.640 woman is but she looks very lefty um eco health alliance really peter dasax yeah uh organization

00:23:06.520 wuhan lab yeah no wonder fauci needed that pardon wheels on mills for al-qaeda fighters

00:23:11.820 you know you get the meme of like you know a bunch of missiles coming at israel and then israel

00:23:19.200 firing and it's just my tax dollars somehow also my tax dollars yes i mean that's genuinely what's

00:23:23.640 happening yes they were they were literally buying al-qaeda dinner why uh what do they think is

00:23:29.780 happening so oh there's food who provided the food well the american government what the great

00:23:33.820 you must assume it's poison yeah exactly and then you realize how stupid they are it's totally fine

00:23:38.300 i've had three of them already yeah oh that was a good one um they were basically funding poppy

00:23:43.580 production in afghanistan yeah well they they didn't they used to have troops guarding the poppy fields yes

00:23:48.200 so it's like right so when the taliban got in poppy production basically sort of dropped to zero

00:23:53.220 yeah weirdly the taliban did the moral thing and stopped heroin production in afghanistan yes

00:23:58.120 in fact that's happened several times throughout their history as well no doubt yes mental um so you

00:24:04.100 can you can track all of this if you want to see how it's going on the doge um twitter page so um i did

00:24:10.980 see one table here we go so this is this is how much they've saved by getting rid of dei departments in

00:24:16.600 various departments so the bureau of land management was spending 170k on um dei their dei department

00:24:25.020 which is a you know faa 45 million yes some of them are a bit more um the office of personnel

00:24:33.000 management half a billion yes on dei jesus christ department of agriculture was spending 110 million

00:24:39.900 on dei so uh what's that one oh yes usa you know what we just covered yeah they were getting yes

00:24:45.880 230. homeland security 15 million on dei uh i saw an announcement uh trump talking about this they

00:24:54.560 were spending 50 million on buying condoms for gaza yeah but it was gaza in mozambique not gaza in the

00:25:00.880 middle east fact checked oh okay well that makes it all right it was only 7 million to gaza in the

00:25:06.560 middle east right okay fair it was like what you know what i'm actually against them sending condoms to

00:25:11.460 africa too i'm not a problem um i'll just end on this um i quite like this because i started with a

00:25:19.620 um uh you know a link to the white house one of the first thing that went was was foreign language

00:25:24.880 services which means as a result if you go to the white house uh website um spanish page now

00:25:31.360 you're met with a big banner that simply says go home

00:25:34.420 that's a good point um well yeah precisely that's just mad absolutely mad i cannot get over

00:25:46.660 where's the mouse gone there it's that's just mental i i'm i'm actually annoyed like

00:25:56.420 like this my my father doesn't like spending money right yes i've inherited i've inherited that

00:26:04.140 from him right it's like just don't like spending money when i like i just had recently had to pay

00:26:08.700 my last year's tax hated it like pulling teeth i couldn't stand it right so spending money on

00:26:14.340 something i'm gonna get okay i don't like that spending money on giving the money to the government

00:26:18.160 to give it to stuff i don't agree with even worse right people who hate you and so just looking at

00:26:23.740 these numbers i'm just like oh my god it's so it's kind of giving me a headache you know what i mean

00:26:28.340 just um anyway neo and really says uh please it's too much winning mr president please we can't take

00:26:34.220 it anymore well it's it's a good start but this has not been there's not a long way to go yeah yeah

00:26:40.340 exactly but again it's a good good start in uh two weeks to be honest um elon is a genius the

00:26:46.620 buildings are empty due to all the remote workers his four-man teams are 20 roles go in there with

00:26:50.100 sofa beds staying 24 7 in the offices working around the clock insurgents yeah i i love the

00:26:54.580 fact that he's just got a bunch of autistic zoomers going in it's like what's this not something i'm 0.98

00:26:58.580 approved to agree with gone uh the hapsification says are you sure i'm sure you guys are aware there

00:27:04.060 was a stabbing yesterday in all saints catholic school in sheffield a 15 year old boy named harvey

00:27:08.620 wilgoose died yes again one of these things is we we can't just jump on things because the uk

00:27:15.540 government at the moment is uh run by a bunch of communists and they're very sensitive to the

00:27:21.080 potential ethnic conflict that comes when these sorts of events happen and if we make any assumptions

00:27:27.080 even if those assumptions turn out to be right yes they will still jail us but also goes against

00:27:32.220 the narrative in the short term even if they're not just assumptions even if they're reports from

00:27:35.920 people on the ground and they're not officially approved essentially that we're allowed to talk about

00:27:40.380 this then we can still end up in trouble so we we have to be very very careful and the engaged view

00:27:45.540 says the condoms were necessary to prevent the impregnation of farmers sure that's the reason yes

00:27:52.640 anyway let's let's move on let's move on so uh one thing that you may have noticed is that

00:28:01.180 there's been a weird kind of silence right coming from the left there has been an eruption an absolute

00:28:09.400 volcano of things coming from the right in the united states uh the maga chuds have been on the

00:28:15.580 march the doge has been in the government donald trump has been signing executive orders oh it's

00:28:19.560 been quite fun and browbeating world leaders and so on the other side of the aisle what are the

00:28:26.980 democrats doing i don't know to be honest i don't know right well the democrats are well they don't

00:28:34.580 know either actually and they're kind of um scurrying around trying to work out why they lost

00:28:40.140 and what lessons they can learn and the right conclusions that they've come to oh good is they

00:28:45.660 need more woke like we're not woke enough woke wasn't the problem uh massive amounts of spending

00:28:51.480 weren't the problem uh no and they they need to figure something out but the problem is as the new

00:28:56.360 york times tell us here quote we have no coherent message democrats struggle to oppose trump

00:29:01.720 and so they've infuse more than 50 democratic leaders uh and they just don't know what they're

00:29:06.680 supposed to do now because all of their position was based on shaming the opposition

00:29:12.640 but also they're sort of a hive mind they left on they they just do what everybody else is doing

00:29:19.300 so now that they've had a failure they don't know what to do anymore yeah there's been it's like a

00:29:24.900 shoal of fish trying to follow each other but none of them yeah they're going anywhere the leader has

00:29:29.020 been taken out yeah and so now who which leader are you following it's like well we're not what

00:29:33.040 are we doing we don't have any thoughts of our own but the but the problem is their entire political

00:29:37.080 strategy was we're going to call you names and in fear of not being called a name you're going to

00:29:43.960 vote for us right you're going to support us you're going to allow us to do what we want to do

00:29:47.240 and as soon as you get someone like trump who has just been like no just don't care jd vance no

00:29:53.100 just don't care elon musk no just don't care uh when the when the names no longer work

00:29:58.040 they find themselves just unable to do anything they don't know what they're supposed to i still

00:30:03.540 see them throwing a bit around of throwing around a bit of white supremacist and nazi and all that

00:30:07.760 kind of stuff yeah we'll get to that but yeah but again that's the shaming language that's designed to

00:30:12.780 inhibit your behavior rather than to propose an affirmative plan of what ought to be done

00:30:17.720 because of course negative the affirmative plan of what ought to be done has been absolutely ruinous

00:30:24.340 and has led to trump being in control of everything in the united states and elon musk being given access

00:30:30.980 to the entire federal government to shred it to militarize the border to browbeat the foreign leaders

00:30:37.400 the democrats have done everything in the exact opposite direction and it's been destructive and so

00:30:44.500 well what are you going to offer them well i mean we could shame them for not allowing us to ruin

00:30:49.040 everything but now we've established a cadre of people who just don't care about our opinion on

00:30:54.600 things and who think we're insane and and that that cadre of people happens to be most of the

00:31:00.420 american public as well right so uh what what would it just explore some of it so the new york times

00:31:08.620 tells us um as the democrats face the reality of trump's second term they share a fundamental belief

00:31:13.620 this moment calls for an inspirational message from their party they just cannot decide what that

00:31:18.320 should be so in private meetings and public events again this is just going to be a bit of an

00:31:23.300 enjoyment a bit of a fun lap uh elected democrats appear leaderless rudderless and divided they disagree

00:31:29.760 often and oh and stridently how to oppose mr trump they have no shared understanding of why they lost

00:31:35.420 the election never mind how they can win one in the future so they are completely demoralized

00:31:40.780 completely disrupted but like um just just each one just nipping at the rest it's being like no it's

00:31:48.500 this is what we did no this one did it's like yeah but no one cares right you're wrong on everything

00:31:53.800 and you don't know what to do and they're obviously massively demoralized by this so uh they had their

00:32:00.700 democratic national committee convention this weekend they say you know in a first step towards

00:32:06.440 elevating new leaders and this is just amazing who they've chosen uh an election this weekend for

00:32:11.520 the chair of the dnc uh the party chose a candidate called ken martin of minnesota who i'd never heard

00:32:16.800 of but to be honest with you that puts him on a starting level of zero yeah because if you were to

00:32:21.300 choose an established democrat you would have someone with a massive negative but better to have

00:32:28.000 you know um the the sort of bland neutral character that nobody knows yes that's a good point

00:32:33.260 actually yes so you start a zero rather than a negative well i mean that worked for keir starmer

00:32:38.220 yeah it did for five minutes yes um and i'm sure it'll work for five minutes for ken here but um

00:32:44.680 so he's planning to conduct a post-election review focused on tactics and messaging because they've got

00:32:50.560 four years of wandering in the wilderness at least right when they don't know what they're going to do

00:32:54.040 so he conducted more than 50 interviews of democratic leaders which revealed a party that is struggling

00:32:58.520 to define what it stands for that's not that's not true that's not true the democrat party knows

00:33:04.100 exactly what it stands for the complete and total destruction of the united states right that's that's

00:33:09.880 been their explicit messaging they've literally said we're going to ruin this country as we saw from

00:33:16.760 the last segment they were enormously successful they were incredible we are going to have the most

00:33:21.920 open border in the world we are going to have the most bloated unbelievable government spending in the

00:33:26.600 world yes we are going to empower every enemy of the united states in the world yes like we we are

00:33:33.180 going to systematically try and eradicate or whittle down the white majority of the united states we are 0.98

00:33:39.420 against the concept of the united states this is why the democrats support the idea of the 1619 project

00:33:44.920 to recast america as an entirely negative tyrannical project that justifies tearing each aspect of it down

00:33:54.340 that's been their entire purpose well and it was eight years at least it was quite a clever strategy

00:33:59.600 of going all in on destroying the united states and hating its people until they discovered that when

00:34:06.100 they got to the election with that platform was not popular with the american people yes but it's also

00:34:12.880 it really required someone who didn't care to reflect on their points

00:34:20.480 and was just a kind of you know bullheaded america good grug mentality yes which just happened to be

00:34:29.640 exactly what trump was right because a lot of the other republicans are quite reflective and concerned

00:34:35.800 about things but you know in the you know in the june books like the best warriors come from like

00:34:40.460 really harsh worlds like the warriors of erratics because they had to go in and if you grew up in

00:34:45.120 pamphlet comforts you basically you just you just rubbish at it sure

00:34:50.480 i mean presumably the same thing happened to the right and the left because we would get banned

00:34:55.260 censored de-platformed thrown off so all of our arguments our thinking had to be so tight

00:35:01.740 we kind of gone through a an evolutionary bottleneck whereas the left they've just been winning

00:35:07.060 everything for about what 40 50 years at this point yes and they're just soft yeah but it but they had

00:35:13.600 such an easy ride against the right because the right would be reflective on these things whereas

00:35:20.140 the left would be calculating and yeah insidious right and and what it takes is for someone quite

00:35:27.440 hard-headed and unreflective in the way that trump is to just say no america good and i'm just going to

00:35:33.640 hug the american flag and i'm just going to just destroy you once i get in power so you know we'll see 0.70

00:35:39.320 we'll see who the americans i mean it's quite obvious that the rhinos and most of the gop

00:35:43.240 establishment watched left-wing media yeah and their their whole mental headspace was a left-wing

00:35:48.520 mental headspace whereas trump was like no i only watch whatever is fox news it's not just that if

00:35:54.480 you look at conservative thinkers like there are lots of conservative thinkers that are excellent

00:35:59.680 and they have a rich and broad understanding of the subjects right um that's great but then if you

00:36:07.300 look at left-wing thinkers they are also excellent but just in a much more different way because the

00:36:14.020 conservative thinker is trying to have a proper understanding of the world and and create a kind

00:36:19.520 of mindset that that fosters an appreciation for the things that exist but the left-wing thinkers

00:36:25.380 are entirely frankly evil and work towards your continual destruction right and so they call it

00:36:32.260 deconstruction or something don't they yeah and so that they they their plan is to construct a weapon

00:36:37.040 to destroy you with your plan is to kind of work out why the shire is a nice thing well that's it's a

00:36:44.040 lot easier to do what they're doing than to do what you're doing and so conservative thinkers have never

00:36:48.020 really found a proper incisive moral weapon in the form of philosophy uh whereas someone like donald

00:36:54.920 trump who probably has never read a book in his entire life and i say that to his credit um doesn't need to

00:37:00.440 you know you get no what has my gut feel love america simple as yes hate the democrats defund the

00:37:05.800 lot of them um you know like it's it's that simple right we should have tried the left side of the

00:37:12.400 bell curve like many years ago yeah yeah no i agree yeah what happens if we put grug in charge we win

00:37:18.100 oh interesting good anyway so uh the point is they they didn't realize why hating america caused them to

00:37:25.700 lose uh and democrats broadly agree they need to do to do more to address issues that

00:37:30.300 powered mr trump's campaign okay what are these issues well they say grocery costs well you made

00:37:36.400 them go up by continuous printing of money yes so when you say address issues it's like you are the

00:37:43.940 cause of the issue what do you mean by address it do you mean make it go up higher like you're the

00:37:49.580 ones who made that come into effect if it was like the ron paul's of the world who'd been running the

00:37:54.340 federal government since 1965 you wouldn't be in this position at all whether they bit they

00:37:59.840 literally had the biden inflation reduction act which which printed money well going on to the next

00:38:05.840 thing that they would need to address is quote unquote inflation well how do you you are the

00:38:10.640 problem yes you did this you you're the ones who wanted the covid spending you're the ones who wanted

00:38:15.320 the lockdown you're the ones who put the biden inflation act you're the ones who increased federal

00:38:18.760 spending through the roof like you are the problem how could you put unless unless i'm misreading this

00:38:25.640 and they're like yeah well inflation wasn't high enough grocery cost wasn't high enough and the

00:38:29.280 third one of course being immigration it's like sorry who essentially demilitarized the border who

00:38:35.740 who abolished the border it was joe biden demolished bits of the wall yeah literally all of it you know

00:38:40.800 literally executive fiat just gets and so under biden of course actually there was that bit

00:38:45.660 almost went to war with texas yeah yeah yeah because texas tried yes getting up up on it and

00:38:51.940 they literally came down on him and it's so so you are the problem when it comes to immigration so how

00:38:56.660 how could the democrats come to a position yeah they're like right okay so all of those things

00:39:01.760 that were destroying america that we loved everyone hated and so they voted for trump the

00:39:05.840 grug who doesn't want to destroy america and now we're losing and we're going to keep losing

00:39:11.100 forever on this uh path how do we turn this around and it's like you can't it does sound a bit

00:39:17.980 challenging when you put yeah i i'm glad that i'm not ken here who has to work out how to turn

00:39:24.000 destroying america into an appealing popular right well i don't know what well i'll tell you one way

00:39:31.360 that you could make destroying america a popular platform import as many of america's enemies as

00:39:37.240 possible and give them the vote well they tried that but the problem is a lot of the people who

00:39:41.340 went to america actually liked america yes that's why they went in the first place which yeah exactly

00:39:46.320 which is why they went there in the first place which is why trump gained in every single demographic

00:39:50.280 category the democrats lost in every single democratic category demographic category right so

00:39:55.800 even importing people to destroy america doesn't work in the way that the democrats thought that it

00:40:02.060 would well yeah but we brought you all in here to ruin this and they're like no why would i want to ruin

00:40:05.980 this so here's me thinking that the doge has got an uphill struggle but now you've explained it

00:40:10.980 the democrats have an even bigger struggle yeah they've they're definitely um struggling uh so

00:40:17.200 the next thing of course is uh how to prioritize traditional concerns like murdering babies

00:40:22.540 yep good point abortion rights is the next thing how do we sell the murder of babies well we've got 0.96

00:40:29.420 the wine drinking single women cohort already yes you can't really sell murdering babies to parents 1.00

00:40:37.880 because they like their babies you can't really sell murdering babies to people who can't have

00:40:42.660 babies which is the next one well and also it's really not popular with the with the latinos that 1.00

00:40:46.860 come in no not at all yeah they don't like it of course not because they're christians yes and the

00:40:51.460 next the next one being lgbtq equality and climate change and says right so on all of the things in which

00:40:57.780 you were the problem so the climate change thing of course is directly tied to energy production

00:41:01.340 which is why joe biden was banning further drilling banning you know making gas exports

00:41:06.900 yeah exactly exploration literally turning america into a dependent country when it comes to energy

00:41:11.260 production which is mad if you think you've got an entire continent here you could probably do it

00:41:14.840 yourself um which happened under trump so they're sat there on the issues they have claimed which are

00:41:20.980 purely destructive issues done for insane ideological reasons out of a complete hatred of the united

00:41:28.820 states and its people right and they're like right we don't know how to market this anymore because

00:41:33.860 we've got to the point where it was we were doing it entirely through shame but now they're not being

00:41:38.280 shamed and they're winning and they're quite confident and we need to basically neg them into voting for

00:41:44.160 us again and they don't know what to do uh so representative jasmine crockett of texas a democrat

00:41:50.620 from texas says we have no coherent message this guy trump is psychotic and again entirely negative

00:41:57.400 entirely negative no one thinks trump's psychotic everyone thinks that trump's winning and getting

00:42:01.280 the job done right and there's so much but everything that underlines it is white supremacy and hate

00:42:06.780 it's like keep yelling white supremacy and stuff you know when trump is like you know getting the

00:42:14.040 federal budget down so that this the debt clock isn't so terrifying to look at he's like oh it's

00:42:20.040 white supremacy and hate it's like you are not resonating with anyone no one believes it i remember

00:42:26.600 u.s politics in the sort of late 90s when i first started paying attention and shows like um the west

00:42:32.760 wing yeah and basically then both sides the right and the left would put forward a positive vision

00:42:39.040 yes and at some point they realized that when they were in a tight race negative campaigning against

00:42:45.080 the other guy was actually more effective than building up your own positive case indeed but the

00:42:49.700 left basically went all in on that and now they've got rid of their in so they used to have a positive

00:42:54.980 vision they got rid of all of it and now it's just all negative vision yes but the problem with that

00:42:59.200 is you can't create anything no but the thing is they're communists they don't want to create

00:43:05.000 anything yes the fact that things exist contribute to inequality and so ultimately they have to reduce

00:43:11.100 everything to the lowest common denominator and so when they go essentially flip full leftist because

00:43:17.280 what they would say is well bill clinton was a conservative and in this paradigm yeah bill clinton

00:43:21.860 is a conservative which is why trump's a conservative because trump is a clintonite democrat

00:43:25.980 you know he's not different to that bill clinton's policy was border wall deport illegal did you see

00:43:32.740 bill clinton at the inauguration he was loving it yeah he was having a great time it's like oh okay

00:43:37.140 he's like yeah that's one of my policies as well this is exactly what i was asking for it's like yeah

00:43:40.780 i guess so um but they carry on so well there needs to be a message that is clear that everything

00:43:47.420 trump is doing is white supremacy and hate it's like look that that's a failed position right even if we

00:43:54.220 were to concede that well what you've shown is lots and lots of people who aren't white also agree with

00:43:59.500 that and so what you're saying is well this is the way that the world ought to be constructed for peace

00:44:05.340 prosperity and success and it's like i don't really agree that that's white supremacy but even if you do

00:44:11.560 manage to frame it in that direction well then you've just sold white supremacy to those people over

00:44:16.300 there right and that's why all of the and all of these minority cohorts are like yeah i'm voting for 1.00

00:44:20.560 trump yes it's like okay idiots right idiots but anyway uh they she the mr martin says ken martin 0.95

00:44:27.980 says the policies that we support and the message that we have is not wrong no it is yeah and it's

00:44:33.820 exactly wrong we just established that yeah i mean and not not just like on an abstract moral level

00:44:39.500 but on a direct practical level the rightness and wrongness again there's very much jeremy corbyn

00:44:44.420 the rightness and wrongness of any political campaign is whether it wins or not so you can say well

00:44:50.020 no no i was right really no you weren't because you didn't win and therefore either you use the

00:44:55.080 problem not being able to project your message or your message is evil and in fact ken says well

00:44:59.460 look the message is not wrong so democrats still destroying america but he says it's a messaging

00:45:05.220 problem and a brand problem so all right how do you how do you message people no it is right for us

00:45:09.980 to destroy america and this has kind of tarnished our brand so we need a nicer brand for destroying america

00:45:14.880 it's like what is wrong with you people i mean thinking back on it now when

00:45:18.860 kamilov harris was interviewed all through the um uh all through the campaign she couldn't answer a

00:45:27.460 question without attacking donald trump yes and people get frustrated and say okay look just just

00:45:31.780 imagine that the republicans don't exist for a second what would you do she couldn't answer it because

00:45:37.940 she literally no positive vision no i mean it would literally be it would have to be something

00:45:42.720 destructive which yes why would you want to say that but anyway so the point being uh he says well

00:45:47.300 look we're not wrong morally it's the messaging of brand that's wrong which again okay hannibal

00:45:54.640 lector um the voters are not connecting with the policies in with our policies in their lives it's

00:46:00.340 like no i think the problem is that the voters are connecting with your policies yeah open borders

00:46:04.320 mass inflation general destruction of america make everyone dependent on the state no voters are

00:46:09.160 actually connected to those and they've done they've gone in exactly the opposite direction

00:46:13.040 right because they can see look what you're doing is wrong and so let's this is an amazing thread

00:46:18.340 from david weagle just talking about the the broader discussion at the dnc um meeting uh and he's just

00:46:26.120 literally just live tweeting quotes there has never been a native american in leadership at the dnc if not

00:46:31.840 now when uh pressing concern for most americans i mean it's i mean that is the whole thing is let's

00:46:39.720 get the first you know whatever it is transgender yeah exactly can't we do that before we do that no

00:46:48.240 yeah unlike the other party that is demonizing diversity we understand that diversity is our

00:46:52.900 greatest strength would you listen to yourselves why can't they just give elizabeth warren a leadership

00:46:58.100 role i don't know she's too old maybe i don't know no that's probably not a concern for them 0.87

00:47:03.120 but uh obviously there are heckling protesters and the the whole thing the whole thing is just

00:47:10.500 woke nonsense it's just absolute woke nonsense like you just get this constant like flow of

00:47:18.660 communist woke i mean they spent 20 years purging everybody who isn't a woke lunatic yeah they did so

00:47:25.000 now they're trying to rebuild and they've only got woke lunatics to rebuild with yeah they're going

00:47:29.760 to take money from good billionaires but not bad ones so oh yeah like you haven't been doing that

00:47:34.660 already so george soros and not gates good billionaires are they yeah 100 that's exactly what

00:47:40.060 they're saying uh but anyway it just goes through and it's just ridiculous nonsense like jen saki are

00:47:46.280 so marley twice about why dem spending on abortion ads didn't work it's like look we want to kill your 0.66

00:47:51.700 children is the underlying message there and he's the response was i respect your ability to ask me

00:47:57.160 that question then he pivots to climate change it's like what like you are not serious people

00:48:02.380 you're desperately ideological any right-wing gathering that would not stand if you if you just

00:48:08.340 if you just avoided the audience would boo yes answer the question you know um but this is ridiculous

00:48:15.000 and so anyway as you can see it's just insanely woke is there are some great video clips going around

00:48:20.760 which is hello democrats hey i am speaking and i would love your attention there is a black woman

00:48:27.320 at this podium and i deserve your attention like the 11 people who went before me yes i am speaking

00:48:33.820 good evening democrats look up here three strong she's speaking mate when is she not speaking

00:48:39.840 i would love your attention we know we're presumably when she's eating which i i gather she does a lot

00:48:45.040 but seriously i mean like look at this three strong black women you you've learned nothing 1.00

00:48:49.960 you you are selfish narcissists with a with a literal campaign platform of destroy america as 0.87

00:48:56.540 quickly as possible i mean also even if you are a black woman you've still got to say something

00:49:01.160 interesting otherwise why are you at the podium but do you though if you're at the democrat national

00:49:05.460 committee do you really anyway there's there's more i mean it's just comical how our rules specify that

00:49:14.340 when we have a gender non-binary candidate or officer the non-binary individual is counted as

00:49:20.420 neither male nor female and the remaining six offices must be gender balanced with the results of the

00:49:26.820 previous uh elections our elected officers at this point are currently two male and two female in order

00:49:35.520 to be gender balanced we must have had one male one female and one person of any gender

00:49:42.520 what no idea who cares like what do you lose what is he even talking about recommitting to the most

00:49:51.660 woke nonsense they can so unsurprisingly this isn't going very far i mean they've elected david hogg as

00:50:00.320 the vice chair of the democratic national committee well is is that a guy with the same name as that

00:50:06.400 little twat who no it is the little twat you can see his picture in the background there it's that skinny 0.85

00:50:12.800 little or him yeah they've elected him to be the vice chair of it okay of the party of the dnc yeah

00:50:20.380 and it's okay so you you're not changing your perspective on destroying america you're not

00:50:27.300 changing your perspective on woke nonsense identity politics gender ideology all this sort of stuff

00:50:32.280 and you're getting your most radical activists to fill the institutional seats of power in the party

00:50:40.000 so the party this is wild the party that was once headed up by people like um jfk and lyndon johnson and

00:50:48.020 you know other notable figures throughout history isn't he's now being co-led by david hogg yes

00:50:54.560 and a black woman is speaking i don't think this is going to work no i'm not sure it is either 1.00

00:51:00.620 and so i mean you've got the the wider culture of it like the grammys are deis it's not a threat it's a

00:51:07.140 gift so you can see like you know the the the blob of the woke culture with the democrats being the

00:51:14.500 sort of apex of it and then it's spreading out into their various cultural organs uh that's not

00:51:19.140 going anywhere they're doubling down on all of this they're doubling down on all this i don't know

00:51:22.320 this may have brought the democrats to the most catastrophic defeat they've had in a generation

00:51:27.860 probably my lifetime um but that's okay it does seem like they're keen to one-up it at the next

00:51:32.960 election yeah it does seem that way and so you've got the sort of old dinosaurs and like chuck schumer

00:51:38.120 who's just like well i'm gonna try and go on the attack guys an unelected shadow government is

00:51:44.800 conducting a hostile takeover of the federal government that happened after world war ii

00:51:49.080 yeah but also chuck no one believes that yeah right donald trump won the popular vote he won

00:51:54.860 the house the senate the judiciary the popular vote the culture itself everything that is possible for

00:52:00.600 you to win in the american electoral system donald trump has won and it's not like he was shy about

00:52:06.860 saying look i've got elon musk we're gonna clean up the federal government we're gonna cut all this

00:52:09.760 down it's it's in no way that was secret it's in no way and like like we did in the first segment

00:52:14.760 it's not like they're hiding any of the information from us they are showing us absolutely everything

00:52:19.620 they're doing and all he can do is be like i don't like the shadow government it's hard to take all

00:52:23.740 right no no no no no no weak it's piss weak no one believes it yeah well that's got no teeth

00:52:30.480 whatsoever everyone's like well okay chuck i'm sure that's going to play well on the twitter

00:52:35.180 uh but no one no one thinks this because it's not a reflection of reality is these people are

00:52:40.540 used to having the weight of government and the full force of the media behind them yes and social

00:52:45.400 media and and now the the tide has gone out and you can see who's swimming naked essentially yes and a

00:52:50.280 well-funded activist class around them things like this oh yeah and that yeah because all that was

00:52:55.100 getting funded of course like usaid and all that kind of course it was so all that all that whole net

00:52:59.560 yeah i didn't think of that that whole network is just going to fizzle away now yeah the sort of

00:53:03.020 brooklyn dad defiant types that class of people yeah that's all going away right and so yeah like

00:53:08.400 you say chuck schumer's just like sat there with the tide gone out going oh it's an unelected shadow

00:53:12.420 government no it's not no it's not it's not it's so obviously not and eon musk is just like lol

00:53:17.020 they're just mad their shadow government is being dismantled it's like yeah that's that that's

00:53:21.320 precisely what it is um and so just as a quick uh quick thing to end on because i realize it's gone

00:53:27.200 on for a bit but i thought this is worth enjoying yeah people just don't like the democrats right

00:53:32.800 so the uh quinnipack poll has just come out um just over a week after being spawned into office

00:53:38.640 so it's not like uh trump hadn't had a week of destroying everything that they did hit the ground

00:53:44.240 very quickly started doing a lot of things and this is all over the news so it's fair to say that

00:53:48.500 voters know what's happening uh 46 percent of voters approve of the job trump is doing

00:53:53.340 well 43 percent disapprove so he's got a net approval rating which he's never had before

00:53:58.980 no he's never had this he's actually rare for any leader to get a net positive absolutely is so trump

00:54:04.980 has a net approval rating which is again the first i mean this time last time he was president oh yeah

00:54:10.980 i remember yeah he only 36 percent approved of the job he was doing while 44 percent disapproved

00:54:15.960 so he's media managed to keep pushing it down exactly so he has literally got a a 10 percent

00:54:23.320 increase with a one percent decrease in detractors so superb right a majority of voters 54 percent say

00:54:31.100 they are generally optimistic about the next four years of trump uh with trump as president with 42

00:54:35.580 percent generally pessimistic so most people think oh yeah things are going to get better now

00:54:39.320 he's he's positive approval rating people think things are getting better right 44 percent support

00:54:45.620 deporting all undocumented immigrants and sending them back to the home countries 1.00

00:54:49.000 while 39 percent only support deporting undocumented immigrants convicted convicted of violent crimes

00:54:54.380 and six percent oppose both scenarios so only six percent of people like no we need to keep

00:55:01.320 them all here almost everyone else is just like yeah let's get rid of that i mean that six percent is 0.99

00:55:07.000 not even all democrats no probably not um 43 percent of voters have a favorable opinion of the

00:55:12.580 republican republican party whereas 45 percent have an unfavorable opinion which is the highest

00:55:17.440 frankly they've ever had still pretty good since they start well it's the highest they've ever had

00:55:21.780 since asking that particular question in their polling right 31 percent of voters have a favorable

00:55:27.220 opinion of the democrats whereas 57 percent have an unfavorable opinion right they and this is the

00:55:33.900 highest since they begin begun asking that question the highest dislike yes the lowest like but the

00:55:38.920 democrats have screwed it completely oh yeah and so who knows what happens come the midterms i have a

00:55:45.140 question for you though cole key question are you tired of winning yet no i'm just tired i'm in

00:55:51.340 britain and we're not winning right i would love for us to have a winning competition with the yanks

00:55:56.500 and i'd love to yeah that's not happening anytime soon i know right i would love for us to be able to

00:56:01.280 be like yeah well we've done this oh they've done that but damn we've got to do this yeah no we 0.51

00:56:05.500 haven't got any of that right we've just got the continual living vicariously through our american

00:56:10.020 cousins yeah yeah uh pygmalion says uh the dems need to lean into the richard spencer audience and

00:56:16.480 elect a white man to proudly proclaim that they are the party of slavery again um well that's the thing

00:56:21.620 isn't it they're very upset every time the republicans free their slaves let's move on so i thought we'd

00:56:29.340 talk about unironically um a absolute slaying girl boss love it yes um kathleen um saint jude 0.99

00:56:40.500 mccormack or chancellor cormack um who is the head judge in delaware now uh i don't know how much you

00:56:49.020 know about delaware but its whole brand is that it's this um stable predictable um home for corporations

00:56:57.480 yeah don't they have like really low corporation taxes and stuff like that i mean actually the the

00:57:01.580 corporation stuff isn't really that special i mean you can get the same in like nevada or texas um

00:57:08.680 really what set delaware apart is well i mean if you want to go all the way back so in 90 in the 1800s

00:57:16.140 it was new jersey was like the home for corporations and in about 1910 delaware kind of took over as the

00:57:22.540 place where you incorporate and the whole thing is based on um very fair-minded um predictable um

00:57:32.780 very balanced um decision making in their courts so that you know if you incorporate there you're

00:57:39.040 not going to get any surprises it's just going to be straight down the line everybody knows what

00:57:42.880 they're getting right and this has turned um delaware into i mean basically its economy is

00:57:49.340 focused around this whole thing this corporate um domicile thing that they've got doing because

00:57:55.560 i'm aware that basically every major corporation is incorporated in delaware yes oh yeah i've i've

00:58:00.260 seen um because i used to used to work in vc and start up a lot of companies work people who started

00:58:05.600 up a lot of companies i've seen forms where you've got a tick box at the top which is delaware

00:58:11.120 newco or other please specify i mean it's it's it's it's yeah that standard i mean i i've been in

00:58:18.020 rooms where everybody at the table has had a you know a half a dozen um uh delaware corpse you know

00:58:24.440 to their name so it is the absolute standard right and then uh they appointed a woman judge 1.00

00:58:30.380 and um is she a dei hire um hard to tell us i mean she's got a good i mean she's got all the right

00:58:38.660 credentials sure for a leftist um activist um judge but um uh yeah slightly unfortunate well let's talk

00:58:49.140 about um what's going wrong and then i'll tell you why so um dropbox um is the latest of many um

00:58:57.340 they've decided that they they need to get out of delaware i will come i will come to the reasons why

00:59:01.740 um meta uh facebook um they're going to be bailing out shortly here's a longer list so all of elon's

00:59:08.720 companies spacex neural link oh weird that they're the top three yeah um well it was it was an elon

00:59:15.180 related story that sort of gets us into this situation trip advisor has faced um shareholder

00:59:20.420 legal action um if they didn't get out of delaware now that is important i will come back to to that as

00:59:26.880 well meta going dropbox fidelity massive company uh newsmax um pharmaceutical companies i mean there's

00:59:33.900 a whole list of them i'm only showing you the top one right so so what is it that um is is is causing

00:59:40.640 people to sort of you know bail out at this point and let me just quickly set the stages for how bad

00:59:47.280 this is for delaware so delaware is a fairly smallish state i mean it's got about a million people

00:59:52.740 living in it um and and they collect about six million a year in revenues two million of it

01:00:00.460 comes directly from this stuff right so it's a third of their budget um but then you've got to

01:00:06.780 take into account that when you get a lot of corporates located here you then get a whole network

01:00:12.040 of you know lawyers auditors um you know all the kind of planoply that that comes with it so it could

01:00:18.680 be up to about half of their income is directly related to this thing you know it is literally

01:00:24.260 their golden goose good thing they've got an activist judge on them yes um so just with the

01:00:30.860 actions that that this woman has taken has probably already cost every delaware citizen two thousand 0.99

01:00:37.400 dollars a year what does she do then right yes um she didn't like elon very much really yes and she

01:00:47.720 decided to pick a fight um with the world's richest most resourceful man who you know even on a slow day

01:00:54.720 has nine out of ten on the asperger's on his top trump card so which is not particularly sensible so

01:00:59.840 the first decision that she made is um do you remember when when elon was going to buy twitter

01:01:04.240 yes and um you agreed 44 billion as a price tag for it and then he tried to pull out is she the one

01:01:10.960 who made him buy it yes oh my god amazing because i i obviously i was aware that uh he was trying to

01:01:17.560 pull out and maybe this was like 40 chess or something yeah but he'd been forced by a judge

01:01:21.780 to buy it because they were so far down the process whatever it was well the deal was basically i'll pay

01:01:26.060 you 44 billion if these things you've told me are true so it's subject to due diligence which is like

01:01:31.060 quite standard and then once he agreed that he then got into it and realized 15 of the users were bots

01:01:36.220 and it's like okay well i need to renegotiate the price down 15 percent she'd have won them right

01:01:40.680 yeah she forced him to buy it now a bit like you he's a break in the face yes i do wonder if that's

01:01:47.300 a bit of 40 chess because did he know that he wasn't going to be allowed to buy it unless the

01:01:51.860 democrats wanted him to buy it and the only way to make them want him to buy it was to say that he's

01:01:56.320 not going to buy it yeah so i do wonder if there's he definitely knew that a large percentage of

01:02:00.300 twitter was bots right he definitely knew this before he went into yeah so i do wonder as well

01:02:05.120 but like i don't know so yeah but um so so she basically um you know forced him to buy it which 0.97

01:02:11.920 i mean if you're a democrat you're like why did you make him do that yes i mean history books are

01:02:16.960 yet to be written on stuff but i do think that um musk buying twitter may turn out to be one of the

01:02:23.340 most consequential decisions of i mean easily the decade if not multi-decades i mean i mean

01:02:28.860 what what she's done is literally handed over the keys to the shiniest most important castle 0.99

01:02:35.260 to the enemy yes why would you do this well and it's even bigger than that because um zero is a

01:02:41.620 special number in the when there is zero dissent because they had everything they had all the all

01:02:48.360 the tech lockdown and they had all the media platforms and even fox news is basically singing

01:02:53.800 from more i mean they they had a different they had a few different opinion hosts on there but

01:02:57.140 essentially they were going in the same sort of remit you know there was basically no dissent to this

01:03:01.320 kind of stuff and then twitter comes along and you can and you can say whatever the hell you want and

01:03:06.140 there's no gatekeepers there's no advertising just a quick thing on fox news fox news is kind of like

01:03:10.380 the house conservative yeah yeah it's allowed to sit in the master's house you know yes um so anyway

01:03:16.520 yeah so she she forced elon to buy um twitter so it restores free speech um musk becomes the most

01:03:24.800 influential man on the planet the most followed man on the planet yes by a long way i mean you you

01:03:30.040 you get retweeted by elon every now and again you must notice that every time you do you get

01:03:35.120 well it's millions of notifications tens of millions more views than you would have got otherwise yes

01:03:39.860 on basically anything that even if he just replies to you i've i've had that i've had to reply to me

01:03:45.220 and just notifications go absolutely through the roof immediately i mean the fact that we're on that

01:03:50.940 platform i wasn't on that before elon bought it you know brings it buys it brings us all back

01:03:55.860 allows a much broader range of right-wing thoughts and then sides with donald trump and so i mean i i do

01:04:04.640 think that elon musk buying twitter was instrumental to trump winning the election yes yes well at a

01:04:12.260 minimum he wouldn't have got the elect he wouldn't have got the popular vote probably not yet yeah but

01:04:18.400 he could have it could have been the rest of it as well i mean i mean you've got to remember how much

01:04:22.880 trump won the popular vote um both houses um and the election itself yeah it's unlikely he would have

01:04:28.600 got all four even if he did just win the election you know through the electoral college so um so well

01:04:34.460 done um girl boss judge um very very happy with this um what was the point i was putting in here

01:04:42.200 oh yes right the second point i'll come back to that to eat in a sec so the second point was um

01:04:48.460 elon's compensation package so basically when tesla was worth about 50 billion um elon agreed to a

01:04:58.020 compensation package that basically went like this pay me nothing at all not even minimum wage pay me

01:05:05.600 pay me literally zero and if i make the value of the company go up 13x um i want to represent the

01:05:15.540 company that is that is a well if someone came to you if elon came to you and said um i'm going to run

01:05:22.760 lotus eaters and i will make your dividends go up 13 times in exchange for 12 of the business

01:05:29.460 why would i say no to that yes every business owner in the world i would literally never say

01:05:34.580 no to that yes every win-win yes i can't lose if every business owner in the world would take that

01:05:40.000 deal um and elon if you're listening yes i realize he's probably busy well he's very good at multitasking

01:05:47.440 so maybe he could do so yeah literally if he had to make the value of the company go up

01:05:51.880 an absurd amount in in order for him to get this this huge pay packet um but he actually did it

01:05:59.240 because he's elon and therefore he ended up getting like a 50 billion dollar payout right now now bear

01:06:06.420 in mind i mean i was a shareholder in tesla before this thing was agreed um the shareholders they all

01:06:11.920 voted on it yeah and we looked at it and was like yeah obviously we want that in fact you'd want

01:06:16.940 every company you own to want to have that deal there's literally no downside to it yes oh i'm

01:06:23.360 giving away 12 of a pie that's now 13 times bigger yeah yeah it's just why would you not yes anyway so

01:06:30.900 yes so um um uh so basically he got this big pay packet and then what happened is a an activist group

01:06:38.740 of um lawyers um what was it i i wrote it never built anything managed anything done anything

01:06:46.060 productive yeah bernstein berger and grossman right they went out and they found a shareholder

01:06:52.660 who had nine shares okay literally nine shares and um only one watching tesla will have millions of

01:07:01.240 shares yes so well and and at the time that they they bought them um these shares were trading um split

01:07:09.700 adjusted for about 12 a share right so nine shares is not a lot no okay and

01:07:14.240 they basically launched a case to be heard by this woman um saying that the compensation plan which 0.99

01:07:24.300 the shareholders voted on was excessive and she obviously found in their favor

01:07:28.260 now um you you mean there's lots more detail than that that are sort of basically skim over

01:07:34.920 um give you an example of of how corrupt this thing is that those lawyers who did that so let's

01:07:41.600 assume what two or three senior lawyers maybe a dozen associates spent a few hundred hours on this

01:07:48.180 case um what what do you think is a is a suitable compensation for them well i mean lawyers cost a lot

01:07:54.580 of money yeah i wouldn't even want to hazard a guess yeah but just pick a high number 50 grand

01:07:59.360 uh the judge awarded them 5.6 billion i was thinking you know maybe 100 hours 50 grand

01:08:07.740 that's quite a lot you know that's that's the kind of law i'd hire maybe jesus christ now now to be fair

01:08:16.600 tesla yeah it is a bit absurd um to be fair tesla's lawyers did subsequently manage to get that down to

01:08:26.080 a third of a billion oh really only third of a billion of lawyers fees um so so uh yes that is

01:08:32.220 um that is a bit good and right and that and that that brings me to basically um you know the point

01:08:36.380 that i'm driving it here so it's a bill atman's tweet which is we are reincorporating our management

01:08:40.420 uh company in nevada for the same reasons and the reason is uh because you know basically this

01:08:45.620 activist judge has done it so so i'll come back to that i i mentioned trip advisor before so so

01:08:51.360 basically that what is happening now is that if you remain incorporated in delaware there is now

01:08:59.100 case law on the record that says that shareholder decisions can be overturned at whim which is

01:09:06.820 basically saying that if you're a shareholder you don't actually own the business yeah you only need

01:09:10.760 one shareholder to undo it right yeah yeah so if you don't have unanimity so the majority vote is

01:09:16.700 basically irrelevant now it's basically whatever a democrat decides the decision should have been

01:09:21.200 and there was um a top vc um i can completely understand why people are getting out i think

01:09:27.780 it was brad brad gershaw was it so so a top vc at one panel basically said this now means i now have

01:09:35.180 to go to all of my companies and advise them that if they do not at least put on um the next agm

01:09:42.880 a plan to relocate out of delaware that means they are knowingly exposing their shareholders

01:09:49.520 to the risk that shareholder votes no longer carry weight and because you know that this is a risk

01:09:56.120 if you don't act on it then you will be personally liable yeah so that's why i showed trip advisor a

01:10:02.360 little bit earlier on is that if that's actually happened there the shareholders are preemptively

01:10:06.380 launched a lawsuit against the company for staying in delaware because basically they don't own the

01:10:12.560 company if they stay in delaware why wouldn't you yeah so this golden goose that delaware had

01:10:17.180 basically all of the companies now have to leave and and it gets worse than that because a lot of

01:10:23.540 people just think okay oh it's just it's just an activist judge um who who did some crazy shit but 0.66

01:10:29.980 you know this was during the whole period of you know 2020 to to now which was the crazy shit period

01:10:36.080 it will get overturned on appeal by the supreme court of delaware and then it all goes away

01:10:42.460 because it gets overturned and it's like it never happened assumption to make yeah um elon is screwing

01:10:48.720 them completely by saying no we just leave we'll leave all right he's not going to appeal it yeah

01:10:53.040 right we get we're going to we we're going to leave it on the books that's funny we're just off

01:10:58.600 yeah because this is going to be a question of standing right other companies aren't going to

01:11:03.540 have standing to appeal someone else's judgment obviously yeah so if elon himself doesn't appeal

01:11:09.860 it this becomes a case um um word there's a word for president president yes um that is just going

01:11:21.500 to stay there yeah i mean because the thing is the supreme courts of the states can only do things

01:11:28.480 that have been brought to them as well yeah they can't affirmatively go okay we need to go and sort

01:11:32.680 out yeah so no they need they need to wait for somebody was standing to bring a case yeah so she

01:11:37.580 has just essentially screwed delaware indefinitely yes because now these companies basically have to

01:11:43.720 leave it's amazing and it's and it's anywhere between a third and over half of their revenue has to go

01:11:50.260 which means they need to cut their spending take into account all the non-cash items you're looking

01:11:57.040 at something like 60 70 percent of their head count needs to go a lot of democrats are gonna get

01:12:04.080 booted i had a winning yet chat now it no i mean you can't feel too bad for them because delaware is a

01:12:11.080 massively democrat stronghold yeah joe biden comes from delaware yeah yeah and then there's something

01:12:15.780 i mean there hasn't been a republican governor there for like decades and decades democracy is

01:12:22.600 when you get what you vote for you vote for yes and uh good on ilan musk uh let's leave it there and

01:12:28.720 go to the video comments that was funny

01:12:32.680 i am an architecture snob with a particular fascination for beau arts in neoclassical

01:12:39.740 america and unfortunately everything pertaining to this has been tainted by a tartarian movement 0.87

01:12:43.760 bunch of weirdos who think that our grand old buildings weren't built by us but an ancient race

01:12:47.660 of aliens and the white man moved in stole all their buildings which were allegedly sites of ancient

01:12:52.460 energy and power bunch of new age crap and while the tartarians are a tiny cult of weirdos i think it 1.00

01:12:57.280 speaks volumes that we as a civilization are so demoralized it's preferable for these people to

01:13:01.560 believe that our own buildings were built by gods rather than the very human hands of our own

01:13:05.720 grandfathers not more than a century ago strange i've never even heard of this tartarian movement oh

01:13:13.680 yeah that came up i did i did a conspiracy brokonomics of beau recently and the tartarian is i mean it's

01:13:19.920 basically like the atlanteans i mean it sounds great yeah i'd never heard of it either but but

01:13:27.140 basically think atlanteans but all over the place okay i love i love conspiracy theories it's always

01:13:35.520 great to to find a new conspiracy theory because the thing is a lot of conspiracies are kind of played

01:13:40.500 out at this point so yeah okay they're lizard men or they're from zeta reticulitis yeah bigfoot

01:13:46.600 but yeah i know them all i know what they're boring give me give me a new oh here we go bloomberg

01:13:52.140 tartaria inside uh the q anon apparently this is a q anon conspiracy believes in tartaria conspiracy

01:14:00.820 theory convinced that the elaborate temporary fairgrounds built for events like the panama

01:14:03.940 pacific international exposition in 1915 were really the ancient capitals of a fictional empire

01:14:08.300 that is so hilariously preposterous because i mean the buildings don't get me wrong they're nice

01:14:13.600 but it's not the pyramids is it you know obviously you don't need aliens to build that anything no i'm

01:14:18.580 joking obviously i'll watch a youtube video i want to bring myself up to speed on it yeah that is

01:14:21.980 that is incredible thank you for bringing that to my attention i'm gonna yeah i'm gonna watch loads

01:14:26.060 of youtube videos the tartarians uh let's go to the next one bourgeois liberals i mean it's an invasive

01:14:35.100 species and i think i have a solution here uh become arnold schwarzenegger in predator and go

01:14:40.280 through the jungle yeah and problem of course is that leftists are outraged look at these mean men with

01:14:47.200 their guns they it's literally the most dangerous game it's literally just look it's the swiftest

01:14:52.220 most humane thing to do just shoot them make it make it a day out it'll be fun there's literally

01:14:57.040 nothing else you can do eventually we'll have a hippo emperor of columbia and this was talking about

01:15:03.660 hippos not leftists just in case right okay let's go to the next one i suppose i still agree anyway

01:15:08.800 bidding goodbye to the 2024 deer season these highlands are the mountains of western virginia

01:15:22.240 not far from the real world town that was the inspiration for mayberry from the andy griffith show

01:15:28.300 enjoy the wild places such as you're able to find them

01:15:33.240 as it didn't look that wild it looked like that was pretty cultivated those neat rows of new pine

01:15:42.840 trees that have been that doesn't look very wild to me i have to say wildish well it's not really

01:15:50.900 because like literally humans are setting rows of pine trees to grow a new forest this this is not wild

01:15:56.660 this is cultivated which is fine and don't get me wrong that's still beautiful and it's good that

01:16:00.820 it's well cultivated um but that's not wild i watched the thing about alaska the other day

01:16:05.240 and alaska is truly like wild alaska's got a population of like 700 000

01:16:10.000 but it's about the same size as like texas and california combined

01:16:14.620 so it's mostly empty and it's mostly mountain and like tundra and forest it's like jesus

01:16:21.540 it sounds really appealing to a certain degree i mean it's also really cold

01:16:26.640 it's also yeah really dark for the winter months because it's so far north

01:16:31.000 like it it could be cool for a holiday like two weeks get left the hell alone by everybody 0.59

01:16:36.960 yeah two week holiday or something in alaska actually does sound cool um but uh i don't think

01:16:41.700 i want to live there let's go to the next one

01:16:44.180 good afternoon ladies and gents i'm going to tell you a little bit about military elective monarchy

01:16:50.580 a true king heading up the executive whose heir is to be selected through a modernized

01:16:56.140 written of veterans hereditary aristocrats that will actually have to meet their obligations in

01:17:01.080 exchange for their privileges and an electorate in which fealty to the british tribes is paramount

01:17:05.900 the upcoming series of video comments i'm going to do a brief introduction

01:17:09.880 going through the reforms required to each of the bodies politic of the uk thank you

01:17:15.240 yes i agree entirely i think we're more likely to get your proportional representation though

01:17:20.680 yes unfortunately but yeah no i am i'm a um my political manifesto is basically the restoration

01:17:27.140 of the kingdom of wessex so i'm yeah i'm on board yeah i haven't got any complaints of that

01:17:32.080 let's go to the next one jared diamond has traveled the world and made observations about how civilized

01:17:38.600 various peoples are he sets out to explain what he thinks are the factors that cause civilization to

01:17:43.440 spread his contention is that although it originated in mesopotamia and grew in fits and jolts around

01:17:48.580 the world there's nothing inherently special about the place in which it originated this is

01:17:53.160 simultaneously correct and deluded the book should have been called geography agriculture and writing

01:17:58.300 as he concedes they are the real forces at play although a product of english civilization he is at

01:18:03.560 pains to diminish it despite having nothing else to praise as worthy yeah it was like probably 20 years

01:18:11.020 ago now someone like that i read guns germs and steel and he has he has a persuasive thesis

01:18:17.200 but this video comment was exactly correct it's he seems to misidentify these things he's what he's a

01:18:25.620 liberal so he's trying to make it so well everyone's a universal person and it doesn't really matter

01:18:28.960 and it was just the guns germs and steel that did this but it's exactly correct like and this is a

01:18:34.360 point that thomas soulmates like the geography really matters right i'm actually something of a

01:18:37.980 geographic determinist on this thing because this like if evolution is true then people have to kind

01:18:43.140 of become different due to their geography yes which is why people are different and so this has

01:18:48.460 to have a determinative effect on what societies can do and like for example europe's a really

01:18:53.060 interesting thing because the mediterranean sea has so much coastline right if you look at america

01:18:58.000 it's actually got hardly any coastline right and so coastlines are really important for trade because

01:19:02.920 trade is so much more easy when done by boats it's just incredibly energy saving so if you've got

01:19:08.380 three continents that are intersecting with a nice big and strangely shaped right bit yeah coastline yes

01:19:15.700 what you have is the ability to have hyper connected series of trade routes right and this means that the

01:19:26.820 trade is easy it's effective and it's very profitable and so this creates this springs up

01:19:32.860 giant civilizations well and also i suppose that in europe rivers typically flow out to the ocean

01:19:38.920 whereas say in um russia the rivers flow mostly into the arctic uh well then yeah fair that's yeah

01:19:47.340 yes that's an issue but also navigable rivers and things like this like europe's covered in navigable

01:19:52.800 rivers really long ones uh and just lots and lots of whereas africa is not covered in navigable

01:19:57.480 rivers stuff like that so there is there's a geographic element to it they don't have to build boats as

01:20:01.360 well but sure sure but like so that there there is a strong argument from geography as to why

01:20:06.320 europe is like it is and say why china isn't for example like china isn't separated in the way that

01:20:13.760 europe is right so europe has got lots of mountain ranges europe's got like okay natural barriers like

01:20:19.440 massive rivers that form natural china only has like two or three giant rivers but the whole thing

01:20:24.920 is basically a plane well yes and i suppose they they had to build the the barrier they're famous

01:20:30.220 which is the great wall of china they exactly it was just it was just literally a long wall it's not

01:20:34.180 attached to a mountain range or anything it's just here we go let's have a wall yeah because they

01:20:38.280 needed one because it's just flat forever and so it's geography really matters and that's actually

01:20:44.320 a point that jared diamond does make but he doesn't want to make it so anyway the video comment was

01:20:49.700 correct um is there another one eloise's comment that josh read yesterday was something i've also

01:20:56.200 thought about recently communities and countries no longer have shared experiences i could meet

01:21:01.760 someone's idol who has millions of viewers and have no idea who they are carl's concern of procedural

01:21:08.400 ai movies i think is warranted i think people need shared experiences to not literally go crazy

01:21:14.740 our physical neighbors are no longer our cultural neighbors yeah i think that's a really good point 1.00

01:21:21.360 young men you could walk you could walk into work and just naturally have a conversation about what

01:21:28.800 you watch on tv last night everyone watched star trek or something you know because these days if you

01:21:33.400 told people about what you watched on tv last night it'd be like why are you telling me that you

01:21:37.380 wouldn't you'd be like i watched the youtube video last night yeah you definitely didn't watch

01:21:40.860 you know it's like oh okay so go and watch tatari videos tonight folks yeah so tomorrow

01:21:46.020 um but yeah no it's it's a real issue i think hey dan uh what do you think about the recent crypto slump

01:21:57.060 especially with bitcoin the optimist in me wants to think that the speculators are

01:22:03.260 just trying to get a pre-boom dip that they can buy on but uh a bit nervous man let me know what

01:22:11.400 you think yeah i noticed that i can't i kind of ignore it i mean i mean two factors you need to

01:22:15.860 take into account is during any bull market there was it's relatively common for there to be 15 to 25

01:22:21.400 pullbacks right so i don't really care but this particular thing is caused by um inflationary fears

01:22:27.520 which could be linked to tariffs that is going to force um you know inflation to go higher in

01:22:33.180 interest rates to go up which will then lower the discount rate for long duration assets such as

01:22:38.540 crypto so uh i i just ignore short-term movements really until something something until something

01:22:45.460 fundamental changes i'm not going to change my view so i just kind of ignore it let's go to the

01:22:49.860 next one hey gents my dadist analysis of hook is on youtube right now so go and check it out at

01:22:57.860 cscooper.com.au youtube and let me know what you think i think i've made some pretty good points

01:23:03.540 and what's i thought for years

01:23:06.820 the last one you'd like that movie um good right so uh sam says debt truly is the ticking time bomb

01:23:16.380 that could ruin our civilization faster than dir migrants ever could the quicker we get it under 1.00

01:23:20.380 control the better um honestly it's just whether we can weather the boomers you know because i've i've 0.87

01:23:27.660 i assume i'm not going to get a pension or anything yeah i don't think any gen x was expecting it no i

01:23:34.080 don't know anyone who is yeah it's just this kind of cynical if any boomer has to go without even for

01:23:40.080 six months yeah yeah yeah someone online says doge is teaching the wasteful government about the power

01:23:46.180 of the shiba inu um yeah it is nice how mimetic that has become yes as in the desert rat says i'll

01:23:51.760 never understand the justification of the government always spending more money than they receive in

01:23:55.020 revenue it will collapse in one day i mean like just if they weren't the state this wouldn't be

01:24:00.820 viable uh you know like every everyone else on earth has to live within their means yeah and every

01:24:07.180 corporation and organ basically everything every organization i can just feel an angry government

01:24:13.300 bureaucrat going yeah but you don't have a hundred million boomers to look after it's a good point 1.00

01:24:17.340 i don't know um kenneth says 7.2 trillion broken promises currently keeping the us afloat does not

01:24:23.860 bode well for our future prosperity if those who continue to stand in the way of us who desperately

01:24:28.180 want to get a handle on things are not barred from society with extreme prejudice uh yeah i mean it's

01:24:33.660 just mad actually how there are people who are just completely in favor of the status quo um roman

01:24:40.040 observer says most boomers born 1946 1965 are already pensioners as in above 65 except for the last batch

01:24:46.540 yeah i think the youngest boomers are like 63 or something yeah the last batch is the big one though

01:24:52.860 so the ones who are 63 so so the baby boom is is basically two booms a small boom and then a really

01:24:58.440 big boom and it's the really big boom that are hitting retirement now yeah so it's it's literally

01:25:04.100 yeah literally like within two years every single boomer will be a pensioner yeah well and then they can

01:25:10.580 raise a retirement age fine you know what fine let's just get through it yeah you know just just

01:25:19.320 if if you were boo you really did win life yeah you won the lottery not just life you won the sort

01:25:25.000 of cosmic existence of humanity yes right no one's ever had it better yeah you're welcome um gen x's

01:25:32.680 have been paying tax all their lives and getting close to retirement soon they will oppose any reform

01:25:36.240 the pensions uh yeah but that just means they'll get nothing because the system will collapse and it

01:25:40.560 won't pay um thomas says heinleinism is inevitable for the west i'm totally in favor uh sam says the

01:25:47.620 democratic party like other left-wing parties can find themselves by what they're against

01:25:51.060 which is why kamala harris has no discernible policy and why she would divert every question to 1.00

01:25:55.980 be about being about trump correct what is heinleinism is that the guy who wrote starship trooper it is

01:26:01.840 yeah the the view of robert heinlein which is uh service guarantee citizenship get a job basically

01:26:07.180 so heinlein heinlein's utopia is like a libertarian hardline libertarian utopia right there's no social

01:26:13.520 spending um yeah but there's an incredibly capitalist culture that's ruled over by a minimal state that

01:26:20.600 can only be joined if you spend two years in the military or something okay because i haven't read the

01:26:25.900 book but i did watch the film and i know the film hated the book yeah but all the same looking at

01:26:31.680 the film there's like no crime everybody's happy and healthy and i'm told that this is a dystopia

01:26:37.620 yeah exactly where's the evidence of the oppression yeah you know it's like the guys that you're going

01:26:42.160 on holiday you're not joining the army oh no oh you got me dad i'll go on holiday to zegama beach

01:26:48.280 you know oh no you know yeah exactly everything looks amazing yeah because that's probably what it

01:26:53.600 would end up being like uh warlord wututai says uh the section of the section of the dams

01:26:58.540 are embracing so-called dark woke which seems to be ever more obnoxious online dirt bad left

01:27:04.240 sort of way i'm actually going to do a video about dark woke after the podcast so that's a thing

01:27:08.000 yeah yeah i'll explain it it'll be on the daily channel um it is a massive cope and it's hilarious

01:27:13.680 right um lars says uh calling fixing the country quote white supremacy is not giving off the messaging

01:27:20.680 they think it does it's like well that's that's why trump keeps winning frankly um matt says watching

01:27:26.000 this footage it's like they have literally no idea why people aren't voting for them anymore

01:27:29.880 still pushing the land acknowledgements and the gender craziness i hope they keep going with this 0.99

01:27:33.960 and soon they'll fade into obscurity yeah so this this is kind of what's um uh what's his name the

01:27:40.780 pagan who's the last pagan emperor of rome chat remind me i i know his name is it's on the tip of my tongue

01:27:48.560 it's not julian no it's julian julian the apostate right so julian the apostate uh didn't like

01:27:56.360 christianity and he wanted to return to pagan rome so his plan was to literally prevent christians from

01:28:01.860 attending school right because he was he was aware that it was through the intellectual exercise of the

01:28:08.080 christian doctrine that gave legitimacy to wouldn't that just cause him to set up christian schools

01:28:12.460 really prevent them from being teachers it's bad there's not there's not capitalist enterprise the

01:28:18.820 emperor says you can't be a teacher okay you will never be a teacher right yes and so he would only

01:28:24.300 teach paganism and so he was under the impression that what this would do is after a long enough

01:28:29.500 period of time it'd lead to christians not being able to validate and justify their own theological

01:28:34.000 beliefs okay so essentially it would become a dog dogma that they would just parrot you know this

01:28:38.960 thing but they wouldn't be able to answer questions and identify within the theological

01:28:42.340 framework but why is this case whereas the well-educated pagans would be like we know all

01:28:46.860 the because they would have the trivium exactly they would have the literature and experience behind it

01:28:51.300 and that probably would have worked if he didn't die in battle young uh he ran into a battle without

01:28:57.380 wearing his armor and got killed so brilliant so the christians then a christian emperor take over

01:29:02.500 and basically this is what this is what uh elon and trump need to do with woke in the universities

01:29:08.780 uh basically make it so that they can't teach children woke stuff oh right i get where you're

01:29:13.880 going now and in in 20 years time uh you'll have like the legacy cohort of woke lunatics parroting

01:29:22.860 about white supremacy and gender transitioning and normal people will be like why are they saying any

01:29:28.240 of that and then when they interrogate them they won't be able to justify their own beliefs

01:29:31.360 because they can't do that now like they can the really good ones can right um but those really

01:29:38.340 good ones won't have been funded they won't be teaching any children they won't have the nonsense

01:29:42.480 and so we will return to some semblance of normality stop funding our enemies yes just make sure they

01:29:48.220 can't teach your children basically is the uh thing and uh furious dan says now that david hogg is vice

01:29:54.180 chair of the dnc i can't wait for him to cry and scream i'm a politician at calm collected jd vance in the

01:29:59.820 2028 debates yeah me too anyway so we're out of time there so thank you very much for joining us

01:30:05.120 folks uh go over to the daily channel because this afternoon you will get the dark woke video

01:30:10.120 and come and sign up five pound a month keep the lights on support us blah blah blah and we'll see

01:30:14.800 you tomorrow see you chaps

01:30:29.820 so

01:30:35.120 so

01:30:40.120 so

01:30:46.120 so

01:30:57.420 so

01:31:02.420 so

01:31:18.720 you

01:31:19.720 you

The Podcast of the Lotus Eaters #1093

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