Kind: captions
Language: en
Religious and ethnic clashes in Spain
turn bloody. Galain Maxwell wants to
testify before Congress about the
Epstein list. Three minutes of footage
were edited out of the Epstein video.
Katherine Bole calls out Apple and
American VCs for teaching the CCP
America secrets. And Grock's wife is
flirting with Super Grock users. Drew,
let's start at the top. Spain is going
crazy. I can't even describe what's
happening right now. There was a migrant
attack on an old man that triggered a
riot that triggered a protest that now
just triggered it's almost like a gang
war where anti-immigrant riots are now
attacking migrant gangs. Um it's quickly
like unwinding.
>> You were going to see this all over
Europe. Th this is a problem. For better
or worse, cultures are distinct. They
have a flavor. And when you bring people
into your country that do not share your
values, you are going to have
collisions. And this has been so weird
to watch this unfold as if people have
no sense of what the human mind is like
that we are like schools of fish. We
look for people who think like us, who
act like us, who look like us.
>> And if you don't do any of those things,
like there's going to be a clash. We
have an algorithm running in our brain
for in-group outgroup. And when you let
people flood in that have different
values, that's the one that I think is
always going to be the most problematic
far more than looks different. when you
let people flood in that have different
values, you are going to have a
collision.
>> Is this something though that maybe
there are some bad apples that are
ruining the whole bunch? Because I'm not
I'm sure the 100,000 people that flocked
into Spain didn't all attack this old
man, but it was a couple of young,
stupid, unemployed bums that attacked
this and then now
>> other people are catching it. Or is it
>> Yes, it's always going to be a small
number of people, but the real thing to
focus on is when you have a difference
of values, nothing else matters. So it
just becomes a question of on what
timeline and at what mass of people does
this become an issue. You will get
difference in values between men and
women. And so you get friction in the
workplace because men think and act one
way, women think and act in another.
There's tons of overlap but you get
these divergence. We went through all of
that with the me too movement where it
was just like this wild like all of a
sudden you realize that people are
living life through a totally different
frame of reference than you even though
you grew up the same and all of that. So
that alone can create this sense of like
oh wow like we're looking at things view
a skew from each other and it's not
quite lining up. And so when you get
that playing out on like religious
levels because religion really is the
grand organizing principle. It is a
thing where I don't need to know who you
are. Oh we celebrate the same religion.
We believe in the same God. We could
have met grown up thousands of miles
apart. 5,000 years ago. And we meet and
we share a religion. And now we connect.
And it allows groups to come together
flexibly in gigantic numbers in a way
that even nation states don't get to the
superordinate level that religion gets
to. And so when you throw people
together that clash over religious
values, you are going to have a problem.
You don't even have to look farther than
the US. watching the Mormons rise in the
US and the way that they kept moving,
moving, moving because they were being
relentlessly persecuted everywhere that
they would try to put up roots, they
would come under attack. And so finally,
Joseph Smith ends up getting lynched in
jail. It's a crazy story. Bringham Young
then takes over and Brigham Young
becomes the like violent guy that you
need that every religion ultimately
needs that just finally one day lays
down the law and says, "No, no, no. we
don't run anymore. Like we're we are
setting up the American Zion right here
and good luck if you're going to try to
come [ __ ] with us. And that's religion.
People will fight for it. They will die
for it. They will kill for it. And so
when you put people in close quarters in
an economically strained situation,
which all of Europe is going to be,
because when you have socialist
democratic principles and you allow god
knows how many millions of immigrants
come into your country, that's going to
strain your economic setup. And so now
you've got the tinder box where people
don't look at their future and think,
"Oh, this is going to be better for my
kids than it is for me. It's going to be
better for me tomorrow than it is
today." And without that and then you
have these tensions, you're going to see
this fight. You're going to see it in
the UK. You're I think you're already
seeing it in Italy. Uh I think when you
look at the stats in um Belgium, I'll be
very curious to see what happens there
because they've become so dwarfed in
their own country, they're now the
minority. So
>> yeah, let's clip about the Belgium's
population after immigration
>> where this speech is. Where would you
guess?
And this isn't the shocking part of this
video. This is Belgium.
So, how many of you would have guessed
Belgium?
The shocking part of this video is I
seen a statistic today. I thought it
couldn't be real. Turns out it is real.
83.9%
of people under 18 in Brussels, Belgium,
are not are non Belgium. They're not
from Belgium, either being born abroad
or having no Belgium ancestry. 83
84%.
>> That is wild. And so, look, this has all
been caught up in the race debate. And
so people are um people did not realize
that you have to draw borders around
your country
>> in large part not just to protect the
economics. So that is huge. But to
protect the value system that otherwise
you are going to get this weird um
collision. Now America has been dealing
with it for hundreds of years. So we
maybe have a little more resilience to
it uh to us. But we are still going to
run into this problem. And the next 10
years are going to be a question to
Americans. What do you stand for? What
are you going to fight for? What are you
going to allow? What are you not going
to allow? And the Patrick Bet David,
have you seen the episode that we just
did? I don't know if you were in the
other room listening, but uh so Drew and
I just went to Florida, filmed with
Patrick BD David. Thank you PBD. It was
wonderful. What a gracious host. Lovely,
lovely. But he said something in the
interview that I was like, whoa. And he
said, "We are going to have to in
America make it illegal for somebody not
of certain religions to run for office."
>> One of the laws that I believe we need
to create is in America, if you want to
become a senator, a congressman, a
mayor, you have to be a Catholic
Christian. Really? You want to mandate
that?
>> Oh my god. If you want to bring your way
of thinking from your country and Sharia
law here, we can't do that.
>> I'll be very interested to see people's
reaction to that episode because I do
think this issue is so important. But
even I like was clutching my pearls when
he said that. I was like, "Oh, snap." Uh
I I take it a little differently because
I I compare it the same thing with like
the socialist policies. Everybody likes
to point to Norway and Denmark and say,
"Look, they could do these things over
there. It works. We should do this in
America." Their population is 8 million,
7 million. It dwarfs what our united
collective like states are. So I am less
bullish on
the immigrants are coming in and they're
going to take over our country. Yes,
there are certain pockets of places
where there was three farms and a farmer
and now there's, you know, 10,000
migrants there. I understand that that
country and that specific county
demographic might shift, but I don't
think on the grand scheme of America
because we are this melting pot because
there's so much mobility of
international students and things like
that. Do you really think that America
is going to have that much of a seismic
shift since it's kind of part of our
cultural identity?
>> Demographics are destiny and right now
the birth rate of people that are native
born Americans are absolutely
plummeting. And um I don't know what the
stats are on Hispanics, but I have to
imagine they're really high. So they'll
speak for the Catholic contingency. So
they'll, you know, give us a a boost
there from uh a Judeo-Christian ethnic
perspective. But in terms of um whether
we'll be outbred by another minority
population, whether that's Muslims or
anything else, that I don't know. We'll
have to look at the stats. But the
reality is if our birth rates are
declining and another group's birth
rates are on the ascendancy, they will
just simply take over from a pure
population standpoint. So the question
becomes, did they come here because they
want to assimilate to American values or
do they come here and they want to
institute
um their own values that are anathema to
currently how we think of America. So
that that's going to have to play out.
That is what we're going to have to look
at. But I think people, this is going to
be one of those things where people are
just afraid to have an open conversation
about is it okay to have our own values
to say this is how we think the world
ought to be statement of morality. This
is how we believe the world ought to be
and we're willing to fight for it or
not. And when you look at um what's
going on in Spain, when you look at
what's going on in Italy, when you look
at what's going on in the UK, you're
starting to see more and more uh
protests. The question becomes, do those
protests turn into riots? We'll see. I I
don't know how this is going to play
out, but I do know that the traditional
um sense of identity that a lot of these
countries had have already been wildly
diminished
>> and will continue to be diminished and
we just have to decide. Are we just
like, "Yeah, it is what it is."
>> And I'm I'm confused cuz when you say
diminish, I I can't really quantify that
cuz I'm thinking this is a populist
moment and people are popularizing like
this is what they're doing when they're
in that moment. So, just like we're
rallying about uh housing is too
expensive, rent is too high, I'm mad, my
job isn't paying me enough, I have all
these other grievances, immigration is
just the next grievance on that list.
>> Y
>> uh so if if this is just a factor of the
moment, is it as simple as okay, if you
as long as you're not Muslim, you can
come to the country now, we're fine.
Like is this are are we really trying to
say that like what is the big fear that
we have that is actually going to
happen?
Uh, from a big fear perspective, I think
that that's probably a couple steps down
the road already. What I'm saying is the
conversation that needs to be had right
now is what are the values that we
believe America stands for?
>> Okay,
>> are we going to fight for those values?
So, for instance, you can't run for
president
>> if you're not born in America.
>> Okay, do we care about that? Do we want
to change that or do we want to go more
down PBD's lane of like, no, no, no, we
want to make that even stricter.
>> He seems to be going more towards the
lens of religion is what matters. I'll
take religion as a standin for values.
>> So, obviously him being born in Iran,
he's probably not in a super big twist
about whether somebody was born in the
country or not, but I bet he cares a lot
about what their values are. That's
going to be the debate. What are the
values? What are we going to stand for?
Because ultimately if we continue with
open door policies, which obviously
won't happen during a Trump
administration, but when people go to
consider their next vote, if this really
gets on the table, and this is a really
open conversation, and we say, "Okay, do
we care about uh we want to recruit from
a talent pool and what we care about are
people that can contribute to the
workforce?" That's my stance. I want
what I call foreignb born Americans. I
don't care what your religion is. I
don't care what country you come from. I
want to know that you believe in
freedom, uh, freedom of expression,
private property, that the things that
made America great are what you want.
You don't want socialist policies. You
really want to see a separation of
church and state. Like, there's a set of
very definable characteristics. And I
want to see us recruit the world's
greatest talent. I will happily recruit
Muslims. I will happily recruit people
from Europe, from Asia. Literally, I
don't care. But I do care about those
values of freedom. So my markers aren't
on a religious basis for what I hope are
obvious reasons. I'm not religious, but
I at the same time believe that part of
the reason that America developed the
theories of liberty that it developed
are based on Christ. They're based on
this idea that every individual human
was made in the image of God. Even
though I don't believe that's literal, I
believe that it gave rise to a
philosophy that has pulled more humans
out of poverty than any other system
ever in humankind. It gave birth to the
scientific method because people were
allowed to speak their minds and figure
out what they really thought was true.
So there's like all these knock-on
effects that come from Christianity.
>> I care a lot about some of those
knock-on effects. So my sort of initial
layer of analysis is are you a foreignb
born American? So, do you believe in
liberty, individual property, blah blah,
all the things I just talked about?
>> Um, are you some of the best and the
brightest? Are you coming because you
want a shot? You want to contribute? Not
looking for handouts. Like, you really
want to do something. You want to build
something. You want to create. You want
to work hard. Like, you've got that
Puritan work ethic, which I'm here for.
>> Uh, so that's going to matter to me.
Other people, it's going to be, no, no,
no. I care about race, right? Nick
Fuentes seems to really care about race.
weird to me, but really seems to be a
thing that matters to him.
>> Uh, other people care about religion a
lot. Uh, and so that's what I'm saying
is that debate needs to be had, needs to
be had out in the open. People need to
not be shouted down as bigots because as
you import people into your country on
mass, it will change the dynamic of your
country. Now, we did that with uh
Italian immigrants. Maybe it made the
place better. We did that with Irish
immigrants. Maybe it made it better. We
are largely
>> What do you mean we did that with
Italian immigration?
>> Back in the day, like during the uh post
potato famine, Irish people flooded into
America.
>> Got you.
>> Uh we had people flood into America from
Italy. So there have been different
times where we've brought Germans. Hey,
Lord knows that I benefited from German
and Dutch immigration.
>> So it's like there have been different
times where we have brought people that
weren't of they weren't American, they
weren't British. like British was the
for obvious reasons the group where it
felt like a one for one exchange
>> but we brought people from all over the
place
>> but what I'm saying is you
need to identify what are the things we
stand for and we went through this in
1776 where we had to write on a piece of
paper this is what we believe this is
how we want the country to be run and if
for no other reason than what is our
immigration policy going to be as
Americans we have to have that debate we
have to have that debate out in the
open. We have to say what we care about.
Uh I've already said here what I care
about. You can push me harder if you
think I'm being vague, but
>> I I get what you care about. I get the
flag there's stamping. But even in those
two examples that you put, when Irish
came in and Italian came in,
>> there were Irish mobs. There were
Italian mobs. There was Italian
criminals that came in. There were Irish
criminals that came in. And that didn't
lead us to say we don't need no more
Irish people anymore.
>> Yes, it did. Quite literally. and we put
up all kinds of prejudices, barriers,
limitations, and said we no longer take
people from this country, that country,
whatever. Uh, at one point, I'm pretty
sure it was China. We just had a hard
pass. Nope, no more. So, there have been
many times where we have said that's it.
We don't take any more people from that
country. And we do I think even now have
like in the lottery someone needs to
fact check me on this but it's like in
the lottery system like certain
countries we'll take certain number of
people from and we won't take people
from other countries like this is a real
thing and people need to come to grips
with it. Uh and so yeah the the big
question is going to be uh is it true
that Muslims are running a quite
brilliant strategy? I don't know if it's
true, but if it is true, this would be
very brilliant where it's like uh we
have really high family values. We
procreate um at high numbers and so
we're going to spread out and we're
going to go and populate and raise our
kids and be a very strong force in the
community and we're just going to um
bring our and I'll put a positive spin
on it. We're going to bring the love of
our God and our family and our religion
to all these different areas and they
see it as spreading the light of God and
all of that. I don't need people to
believe in it. I just want people to
look at it from their perspective. And
so if they're really doing that, which
by the way is exactly how the Jews took
over Palestine. Uh do we want them to do
it? So I'm just saying um I love
Americans, but Americans killed all the
Native Americans. And so if I were
Native American, I'd be like, "Bro, no.
Hard pass."
>> It's a bit ironic because I feel like
this is the tale of the colonizer being
afraid of colonized, obviously. And it's
like so cuz I'm looking at it like we've
had all different types of nationalities
all came in and we've had prejudices
from different people as well and a
quick Gemini search said that there was
never a formal Irish migration ban. So
even when we did have those bad apples
in these different groups we didn't
paint them with a broad bush or kind of
restrict it. I think there are certain
levels of discrimination that has
happened like that's where Chinatowns
were established and we can kind of go
out that context
>> because this is one of those things
where um people will criticize something
I say only when I'm reading the thing
it's like yes this is true. So it says
however Irish immigrants particularly
during the potato famine in the mid-
19th century faced significant
discrimination and restrictive policies
at the state level with some states
attempting to exclude and deport
impoverished Irish immigrants. So to say
that we were never like trying to stop
them feels uh ahistoric. So we were
putting up a lot of roadblocks to limit
them. Do a search. Did we ever
officially limit Chinese immigrants?
Yes. So we limited Chinese immigrants.
And I have a feeling that if you go
through, you're going to find that we
did this for different people across
different periods of time. This is just
this is a thing. So even if it was
limited with Irish, we've done it
before. And
>> I will be surprised if we don't do it
again. So uh
>> so in Trump's first term he had like the
infamous Muslim thing where certain
countries they weren't allowed to get
immigrants. You would be in favor for
something like that depending on what
countries are on that list.
>> I am not there. Where I am is we need to
decide what is our policy.
>> I feel like you decide you have your
list and you have the things that you
want the country to be.
>> Yeah. But why do you think that that you
can't get that from Muslim countries? So
>> I didn't say that. I'm just ask you're
saying we need to stop certain people
from coming in. So, I'm trying to figure
out how are we going to have that filter
mechanism. So, Trump tried it with a
country ban. Pat David is trying it with
a religious ban. How
>> are you asking me how I would vote if
this came to a vote or what I'm trying
to propose right now?
>> If this came to a vote of how do we
filter people who want to come into
America? How do we filter it?
>> American values of freedom, free
markets, personal.
>> How do we quantify that though? That is
that application that we just give
everybody? You you literally have to
think of yourself as a recruitment
engine. And if we want to do this at the
level of um the this is going to bother
people a lot, but it's true. If we want
to do this at the level of companies or
like recruiting talent, great. H1B or
otherwise. So you can only come in if
you have like a job placement or
something like that
>> that somebody's like I need this person
to fill this role and I'm we can put
limitations on it where they have to pay
the same competitive wage bracket that
they would pay to somebody that's
already here so that you're not doing it
to lower wages. You're doing it because
you were trying to find the best and the
brightest the world over. That to me is
part of the American identity. Um, so I
think you can find them in any corner of
the world, in any religion. Like there
are going to be extremely intelligent
people. Uh, they're going to be
extremely driven, extremely ambitious. I
mean, look, it gets hard to like really
find out if they believe the same things
you believe. But if they're taking a job
in a capitalist country, they aren't
posting Death to America, like there are
surface level things certainly that you
can do to up your odds. Um, blanket bans
on countries strikes me as a bad idea.
Blanket bans on religions strikes me as
a bad idea. But pretending that we don't
have a value system that we want to
protect is idiotic. And that's people
just afraid of being called racist.
We'll get back to the show in a moment,
but first, if you know me, you know I'm
obsessed with Butcher Box. So, when they
came to me and said, "Tom, design your
own custom box with whatever you want."
I have one demand. Free bacon for life.
Life is way too short for bad bacon.
Butcher box bacon, on the other hand, is
what bacon should be. No antibiotics, no
hormones, just pure crispy perfection
that will ruin every other bacon for you
for ever. Plus, your first box comes
with some of my all-time favorites like
filet minan, wild caught salmon, and
grass-fed ground beef. After your first
box, you unlock over 80 products,
seafood premium cuts, even treats for
your dog. You get free shipping, can
change it up whenever you want, or you
can cancel at any time. And did I
mention you get free bacon for life?
Head right now to butcherbox.com/impact
and use code impact to get free bacon
for life, plus $20 off your first order.
You can thank me later. Now, let's get
back to the show. Um, Galain Maxwell,
now 63, um, is open to talking to
Congress. Um, a source to Unusual Wales
through the Daily Mail said despite all
the speculation, Galain was never
offered any sort of plea plea agreement,
she'll be more than willing to testify
before Congress and share her side of
the story.
>> Bro, that's already crazy. So, what I'm
reading that to mean is that they did
not give her a chance to cough up names.
They're like, "You're going to prison.
That's that. Sorry." And now she's
saying, "No, I'll happily give people
names." Uh, I don't know if she's doing
it to try to get immunity.
>> Yes,
>> that would certainly make sense, but if
they didn't even offer that, that is
another thing where people just do not
want these names to come out. And I saw
a post from somebody and so I cannot
verify this at all. It might have even
been from Alan Dersowitz. Um, but the
claim was made that it's judges that are
stopping this information from getting
out. Alan Dersich, I think, was accused
of being on the Epstein list and so he
had to fight to clear his own name. Uh,
and he's saying, "Listen, I want this to
come out because I know whose names are
on it. It will be exculpatory for me."
>> Uh, and he was like, "I've got to
imagine there's a lot of people whose
names are getting thrown around that
they want this to come out because it
will be exculpatory for them." Uh, so
this is one of those things, man. Look,
I fear that you're right. I worry that
Galain Maxwell is going to suddenly
start feeling suicidal. Uh it it is
wild. I can't believe that Trump is
quintupling down on I can't believe
people are still asking about this. Bro,
that guy is way good at reading the
room. So there's no way he's blind to
how outraged his own base is by this and
that he's still pushing is it's stupid.
So I mean maybe it's not stupid. Maybe
what's on that is so I'll be generous
inconvenient for him uh that he just for
that reason he just can't he just can't
tell.
>> We've never seen the list. It's never
happening. When Kevin Spacy is tweeting
release the Epstein files that's let you
know you're on the wrong side of
history, bro. Like it's it's a wrap.
Pack it up. Mag
>> have it on good faith. This is never
coming out. So I'm going to bang the
drum. Let it out.
>> You've been lied to. You've been played.
It's not happening. Wrap it up. Remember
this when it's time for midterms.
>> Okay. Give me your best take. What's
really happening?
>> They're on the list.
>> Who's there?
>> Plural Democrats, plural Republicans,
plural investors. Uh half the people in
the super PAC, half the people on our TV
that we watched. Uh somebody in the
movie that I watched this weekend is
probably on it. It's it's it's so big.
It's so massive.
>> Too big to reveal.
>> Yeah. Just like there's too big to fail
is it's too big to reveal cuz it's just
>> mechanistically. How do you keep it on
lock? I like the way you sprinkle
allegedly.
>> Allegedly just let it let it run. Um,
how do you keep it unlocked? Uh, the
same way that the CIA keeps all of our
government interventions unlocked.
>> You just eventually are like, "Nope."
>> And then people, they get mad, they bang
the table, but it's still not coming
out.
>> There's there's so many things in
America that we never will find out that
are conspiracy theories today with one
crazy guy who just happens to swallow
guns, bullets by himself in an
apartment, and then 20 years from now,
we realize, "Oh, yeah, that did happen.
CIA funded uh all of the cocaine uh
deals in LA all the way down to South
America." Oh yeah, they did flood a
whole bunch of inner city skills with a
bunch of guns. Oh, but yeah, it's cool.
It's 40 years later now. Nobody cares.
And we just shrug our shoulders and we
move on just like we're going to do now.
There was We announced aliens over the
pandemic. Nobody cared. Nobody cared.
They're like, "Yeah, aliens came a
couple years ago. We was mad about a
vaccine." That was that was safe. And
then now we found out the vaccine isn't
really safe. And then the the labs leak
is was a conspiracy theory and now that
ended up being true. And it's just this
kind of revolving door of like this is
the this is the motive and this is the
story today. That doesn't mean that's
going to be the motive or the story next
week.
>> Do you think it cost Trump the midterms?
>> No, cuz people don't vote for uh
senators in house. We only come out for
presidential. I think it cost him an
election next year.
>> Interesting. I think right now if if the
vote were taken right now, I think he'd
really be in trouble.
>> Yeah. But like people aren't going in
for Thomas Massie. It's people who are
us who are in the news every day. But
40% of Americans didn't even vote for
the presidential election. I see that
number going to 60 when it comes to the
actual House representative Senate.
Like,
>> you know what's interesting? So watching
this unfold, watch Mega in real time,
they're finding excuses why this isn't a
big deal because they're they're
sketching out between release it,
release it right now and uh release it,
release it right now, even if it was
doctorred by the Democrats will become
release it, release it right now. Well,
maybe not right now because it was
doctorred by the Democrats. And then
it'll be, well, it was doctorred by the
Democrats. Why do we care anyway? And
then it'll be 40 chess. Trump saved us
all. This was just another thing that
the Democrats did. It'll be wild. Like
they're going to find a way.
>> What's that percentage of the split
though? Cuz I I don't think it's 50/50.
They hate them, they love them. I have a
feeling it's like 9010 or like the 10%
is really pissed off about it and then
the 90 are just like, oh well. Like,
>> yeah, I think people will move on
because they're on a team. And so if the
team lead says long enough, this is what
we're doing.
>> Uh then people are going to roll with
it. he will lose some. What percentage?
I don't know. I've been paying attention
to politics long enough to see how
something how big something like this
becomes. Uh but yeah, this is um it's
things like this that trip away at
somebody's credibility.
>> Yeah. Um shout out to Dave Smith. Andrew
Schultz says a lot of people are
actually trying to hold his feet to the
fire that says, "Hey, you promised us
this and you have that." So, I'm just
glad that a lot of people who were
championing Trump in November are now
trying to hold him accountable in July.
Um, let's keep that accountability with
all our politicians because that
hopefully MAGA realizes nobody's coming
to save you.
>> So,
>> yeah.
>> All right, let's talk about rent
control. Um, there is a new Minnesota
mayor Minneapolis mayor candidate who's
pretty much stealing the exact playbook
from Mandani.
>> Yep.
>> I've also been fighting for you passing
things like tuition free college for
working class families.
So, this yet again, uh, people believing
that you really can get something for
free. I would just like to remind
everybody that we deficit spend like
crazy. Now, I don't know if they're
deficit spending at the state level,
though, I'm going to guess that they
probably are, uh, or that they're at
least drawing federal funds and the
federal funds are coming from us
spending at deficit levels. And you
never get anything for free. Milton
Freeman has a great quote, which is, the
tax base is exactly what the government
spends. So there is no deficit spending.
They're going to print money if they
have to. They're going to sell debt for
sure.
>> Uh so if you are spending $6 trillion a
year, people are being taxed. $6
trillion a year. Just that's what it is.
Crazy. He keeps going.
>> Lift drivers and the legalization of
fentinal testing strips. But this
summer, you're going to be seeing a lot
more of them because we deserve nice
things in Minneapolis, too. To make an
affordable Minneapolis for everyone. We
deserve nice things in Minneapolis. Yes.
Uh well, deserve. No. Nobody deserves
anything. But you should have the right
to work to build amazing things in
Minneapolis. But this is what I'm
talking about. In populist moments, they
come after the economyy's been doing
well for so long. Then the economy
starts doing poorly. But by then, people
believe that the world just is amazing
as like a law of nature. It's always
like this. It should always be like
this. Nobody's working for this. There
aren't people who work an obscene amount
of hours. There aren't people who are
sitting there in the shower staring off
into space thinking about how you can
make road slightly more efficient like
they're not thinking that oh these are
people that are just working their ass
off and we incentivize them by allowing
them to capture the upside of their
brilliant ideas. And so when we get into
a populist moment the economy starts
failing everybody. Everybody wants
something more for free and we should be
able to have nice things here as well.
But the problem is who's making those
nice things? People really do lose sight
of the one simple truth. You cannot have
free things because you yourself
personally aren't willing to work for
free. If you can get everyone to work
for free, you can have anything you want
for free. But the reality is you won't
be able to get people to work for free.
And once I realized, wait, we are all
the problem. We're all the problem. We
want to get paid. If none of us wanted
to get paid, then we could have the
communist utopia. But the reality is
people want to get paid. Therefore, you
have to force them to work for free. And
once you have to force them to work for
free, all of that brilliance of
innovation, it just goes away.
>> Uh people seem totally blind to that.
>> And he just covered how making
Minneapolis more affordable. It seems
like it's implementing rent control. Um
>> oh, he says rent control outright
>> by increasing the minimum wage to $20 by
2028 and passing rent stabilization.
>> There it is, boys and girls.
>> There it is. Rent stabilization. and cue
the tape on what happened to the Bronx
and Harlem in the 70s and 80s in New
York. Did you ever see the movie Escape
from New York with Kurt Russell?
>> Oh my god, it's absolutely brilliant.
And it was made specifically as a
reaction to that time where 300,000
people fled out of the Bronx.
>> Think think about how many people that
is.
>> Crazy.
uh 40% of all fires in the Bronx were
attributed to arson because people were
burning down their own buildings because
it was more uh financially efficient to
burn the building than to try to upkeep
it because of all the rent controls. The
great irony of rent controls is and it
always sounds good and people are always
so ignorant to history. This loop just
goes around and around and around
because when you're mad and the economy
is struggling, you're like, "Hey, these
[ __ ] are getting more than me. I
want that. I want a politician. I
understand politicians. I want a
politician to get me some for me. Get me
some for my community. I want some free
stuff." and not realizing that when you
try to do rent stabilization, when you
try to put rent controls to quote
unquote stop price gouging,
uh you end up contracting the supply of
housing, making the quality of the
housing that's there worse because the
landlords can't make any money. Uh so
they stop maintaining the buildings.
Investors realize, well, I can't make
any money by developing in that
neighborhood because they're going to
clamp down in the amount of rent that I
can charge. And so I could find myself
in a position where I'm forced to
continue like imagine if you had to keep
running a restaurant and as the price of
fish is going up which is totally out of
your control you're forced to keep the
prices at the same level and you have to
keep the restaurant open. You go out of
business you're literally just funding
it which is what people are asking
landlords to do. It is absolutely
freakish how ignorant people are to how
the economy works. And so while I
understand the impulse to oh man I want
rents to go down. The great irony is to
get the rents to go down, you have to
relax regulations, to allow people to
build more housing so that the there
will be more supply to meet the demand
and the cost will go down. And you can
look at people think I'm crazy. You can
look at what happened in Houston and you
can look at what happened in Austin. So,
Houston from uh the US perspective has
just wildly laxed building laws and so
people are always building stuff. And
so, buying a house in Houston, not a
great long-term investment. It doesn't
skyrocket the way that like something in
Austin did during the 2020 uh COVID
migration where so many people left
California and went to Austin,
>> but it's kept housing prices like really
low. the average or the median home
price like 270K. In LA it's 950K. In the
Bay Area it's 1.3 million. Wow.
>> So they've done just by letting builders
build, letting the free market do what
the free market does, uh they've been
able to keep the housing prices down.
Austin had to react. So when all of the
new people flooded in, they relaxed the
regulations, allowed builders to build,
builders did exactly that. They built
and the prices came back down. So when
you and there's example after example
after example AC all over the globe
people try to control rent it ends up
driving up costs down quality elongating
the time it takes people to get into a
property and then finally someone will
be like this is dumb history is proven
you have to ease up on your regulations
let people build and then all of a
sudden boom as soon as they do that
prices start coming back down people are
able to get into homes but no matter how
many times this repeats we find
ourselves in this situation where one we
just to flip the other side of the coin,
we let nimbeism and things sneak back in
where people go,
>> well, my house is my biggest investment.
I don't want anybody to be able to build
a house. And so people with houses begin
lobbying, oh, don't let anybody else
build a house because that way they have
to buy mine and now my house starts
going up in value or I don't want any
apartment buildings in my neighborhood
because that's going to lower the value.
And so now you've got everybody
lobbying. Even the government is like,
"Well, I'd rather have these high-end
units because then I'm getting a lot
more tax dollars per unit. I don't have
to deal with as many people, but I get
the money. So, they're not like using
the roads as much, the hospitals as
much. Like, this is perfect. Tons of tax
revenue in a rich neighborhood. Not a
lot of people. It's fantastic." So, now
homeowners want that. The government
wants that. And people like millennials
and Gen Z are looking around like, "Yo,
what the [ __ ] is going on? I cannot
afford a house. This is bananas. And so
we end up back in the loop where they're
like, "Hey,
>> give me run control. You got to do it."
Not realizing this is like being lost at
sea. You're dying of thirst. And you
look at that big glistening ocean full
of water. And you think, "Let me just
have a drink."
>> And the only thing that will make you
die faster than just sitting in the sun
with no water is to drink sea water. And
that's rent control.
>> It's I don't know. It seems like a
chicken or an egg thing because it's
like we need to loosen regulations,
increase supply, but we can't lower
regulations, increase supply because the
lobbyists are stopping us from doing
that because the government secretly
likes that. But we need to talk to the
government to get them to increase.
Correct.
>> You know what I mean? So, it's a seems
like
>> but it becomes a very easy loop to
destroy once people understand what's
actually happening. Once people are not
bamboozling themselves and they can just
walk in and show the stats and be like,
"This is how this plays out over and
over and over." Uh, in the deep dive
that's coming out on Monday, I must go
through seven or eight different
countries, um, 12 or so different cities
of like they got themselves in trouble
in the same exact way and they got
themselves out of trouble in the exact
same way. Like different times over the
last hundred years like it's just over
and over and over. The problem is
created in the same way and the solution
is the same every time. We'll be back in
just a sec, but first, let's talk about
the biggest barrier to investing. The
hardest part about investing isn't
picking stocks, it's just getting
started. Christina on my team was stuck
in this exact spot until she tried Alio
Capital. She says it is incredibly easy
to set up. They walk you through
building your portfolio and finding the
right mix for your risk tolerance.
Alio's Altitude AI handles the complex
macro stuff, tracking inflation,
interest rates, and global risk while
you focus on the basics. You're not just
throwing money at random stocks. You're
building a portfolio that adapts to real
market conditions. Whether you're a
complete beginner or you've been putting
this off for years, Alio makes investing
approachable. No paralysis, no
confusion, just smart investing made
simple. Download the Alio Capital app in
the App Store or Google Play or text Tom
to 511511.
Investing involves risks, including
potential loss of principle. Past
performance does not guarantee results.
See terms and conditions. Text fees may
apply. This is a paid advertisement.
Right, let's get back to the show.
>> Okay, I'm going to push you this cuz on
the flip side, we got another video that
talks about the death of American dream
by lack of regulations in some other
areas.
>> Yeah, I know. I found this fascinating.
>> How did the American dream die? How did
the middle class die? I'm going to tell
you, it started in the 1980s with
trickle down economics. That did not
work. They decided to give tax cuts to
the rich and corporations saying that
money would trickle down. It didn't. It
just made the rich richer. Then we
greenlight stock buybacks. So instead of
when the productivity was going up,
instead of giving workers more money,
they just bought back their stock so the
shareholders could make profit and
executives could get bonus. Then we had
leverage bar.
>> That's a bar.
>> Okay. So buybacks are a bar.
>> So he already is unfortunately
incorrect. Uh this is not a trickle down
economics problem. Uh the way that
trickle down economics works is it does
reinvest in companies. So you're getting
innovation, you're getting your Amazon
of the world because the people that are
going to invest the money to build the
companies, they have the capital. So uh
whether they fund it directly because
they're an entrepreneur or they're a VC
and they're keeping more of their money,
they know they have to put it to work.
You're in a fiat money system. So you're
in a fiat money system. You cannot save
in cash. It will be eroded. So you're
going to put it back into the system. So
he's making it out like people are just
hoarding the money. They're not. They're
reinvesting into companies. This is what
makes America so dynamic.
>> But a stock buyback is not a
reinvestment.
>> We'll get to the stock buybacks in a
second. But so the first thing that he
said is the trickle down economics.
Okay. He's just wrong. He it didn't go
where he wanted it to go. And it may not
have even gone where they promised it
was going to go, but it goes back into
the economy. It is exactly why America
has the number of billion dollar
companies that we have. People act like
they couldn't invest in those companies.
They could. They're just not taught how
investing works. So rather than break
the goose that's literally like a
machine gun laying golden eggs. Instead
of being mad because billionaires are
getting all the golden eggs, just learn
about the system because you can get
into it with 10 bucks. So it is a system
that will work for anybody. It's just
that it does take a little bit of
understanding. Now, do I wish we would
get rid of the Fed and just allow people
to save money? Yes. It's the only moral
way forward. But the reality is we're
not going to do that. So now that we are
in the system,
>> understand how it works. Play the game.
Okay. On stock buybacks, just because a
company is making record profits does
not mean that company is going to pay
their workers more money. That's it's
nonsensical. So the only reason that
somebody's going to pay workers is
because if they don't, that worker who
is of high quality is going to go
somewhere else that is going to pay them
more money. So if workers want more
money, they need to up their skills, be
able to prove somebody that I can make
more money by leaving and going over to
that person. Here's the offer in my hand
and you either pay me this or I leave.
That that's the way to get more money.
Upregulate your skills in an area where
you are going to actually be able to
make that person money. If you can make
people money, you're going to be able to
get a piece of that. That's just like
this is me as an employer confessing
literally to you who will use that to
negotiate against me. But that actually
is the thing. You have to create a sense
in me that uh if I lose you, I'm going
to be worse off. That that's the only
way. Um if I weren't able to do stock
buybacks, okay, I can't please my
investors directly by buying their
stocks and getting them out. But what I
can do is invest and buy another company
or whatever, invest in a new division,
start something up. I mean, even just
run the Amazon playbook. And I'm going
to keep testing new things, new business
ventures, new departments, and I'm
always going to run my company at break
even because it's the most capital
efficient way to try the next thing to
always be disrupting myself and to not
have to pay that tax money to the
government. That's completely legal. You
want it to be legal. You do not want
companies to have to like pay the
government. The government is the least
efficient user of capital. So like I get
where he's coming from. He just again
people get close to understanding how
the economy works. They just miss and I
full disclosure because I don't want
these quotes to be used against me. Even
I know man I'm baby compared to like
Scott Besson or Ray Dallio like they
understand this way better than me. Um
but every time I put a brick of
understanding together I realize that
like okay I get the anger I get the
frustration but people just aren't quite
there in terms of like what's going to
make this work. So the real thing that I
think he needs to understand, anybody
that's angry about this that sees this
as a revisiting of the robber baron era,
they need to understand the reason that
the 1870 to 1890,
1900 period was so dire.
>> We completely strip the middle class.
Now, what do you hear me screaming about
today? We're stripping the middle class.
Uh what do you hear about back then? The
rich got richer and the poor got poor.
What do you hear now? the rich get rich
or the poor get poorer as soon as I dove
into it because I was like wait a second
my whole thesis is that this is about
money printing but they weren't printing
money back then that didn't happen till
1913 so what happened back then and I
realized that was for a totally
different reason so the reason that this
guy is saying so it's like same outcome
different cause
>> and the reason that he is beefing it
with regulation
is that he's thinking that we're
reliving the robber barren moment. Truly
in 1870, the reason that there was no
middle class was because there was no
regulation. There was uh just freakish
amounts of corruption, monopolies. You
had a very small number of people buy up
everything that was producing value. And
in that moment, now your middle class
goes away.
>> That moment sounds like this moment.
>> We'll get to that because they're very
different. And if you don't understand
how they're different, this is how
people end up death looping about the
solution.
>> So that moment is uh we bought up
everything of value. We have monopolies.
We can keep people out. There's no
competition. Bad for the consumer. Uh
work regulations, like literally
companies showing up with guns to force
people to not unionize, to work there 16
hours a day. That's real. Um, and so
that like wild time where the government
was not doing the kind of regulations
that it needs to do. So if this were
1870, I'd be like, "Yeah, word. He's
right. You got to regulate. This has
turned into madness. Now we live in an
era where money printing is your
problem. You have a debt and money
printing problem. Full stop. End of
story. Everything else is a distraction.
If anything else contributes, it's going
to be in like the single-digit
percentages. You have one big thing
staring you in the face, and that is
debt and money printing. I feel like
that's something that's off.
>> Yeah, that's like a solutionless problem
though cuz that's like
>> we're not going to abolish money.
>> That's not going to happen. The Fed's
not going anywhere.
>> The Fed has never been established. Just
like you can name seven other countries
and 12 other cities that actually went
to rent control and changed the the
scope. No other country in the world is
off of a is not on the Fed and has not
had an inflationless like year. So for
us to say that's the only solution is
pretty much saying sorry guys, we're
you're just going to have to like eat it
this generation.
>> Well, so here's what makes me really
sad. You produce the deep dives and I've
said like three times now I've walked
people through exactly what you have to
do.
>> You have to do austerity. We have to
increase taxes. We have to reduce our
spending. Two out of those three things.
>> There's four things. So you have to
redistribute wealth.
>> Okay. The thing that rich people are
supposed to scream about, but there's
going to have to be some of it. There's
going to have to be austerity. There's
going to have to be a change in the um
tax policy and to raise them. and we're
going to have to print money. But you
have to do it in a way where what you're
trying to get back to is phase one and
phase one of the sixphase debt cycle. In
phase one, the only debt that you take
on is to spur growth. And you have to
stop taking on debt when the growth rate
begins to accelerate uh your debt
accumulation. And um Warren Buffett has
already given you the thing that you
should put into the Constitution that
says no elected official should be uh up
for reelection in Congress or Senate. Up
for reelection if the um debt is growing
at a rate more than 3%.
>> That's the equivalent of requiring a CEO
not to in not to invest into himself
once his pay gets over 100K. It sounds
good on paper. It will make a lot of
people feel good, but that is also going
to happen because that's literally
voting their self-interest.
>> Okay. But you you have physics of money,
so you have to do something. So you you
have options. Uh the option the playbook
that we're running right now is called
the big debt cycle.
>> And we just it's unshackled.
>> Print as much money as you want. People
will try to be conservative in the
beginning, but over time they will let
that go. You can watch the money supply
graph. It gets absolutely insane the
last five years, eight years maybe. And
just total bananas. And you can do that.
And so you'll boom and bust. You'll go
through these six cycles. And right now
we're in like phase five and a half. Six
is total collapse. We will collapse in
the next 10 years unless something
changes. Just is true.
>> Uh and then that'll start up again. So
that's option number one.
>> Yeah.
>> Uh which we've been running that
playbook for like 500 years. So fair
enough. Like it has given you the world
that you see. Uh but when you're living
through one of the generations that goes
through a bust, it's not fun. Uh option
number two, you abolish the Fed. Uh,
option number three is you do a China
style authoritarian government. That's
really it. Like, or you could
theoretically go to true capitalism with
hard money, but that's abolishing the
Fed.
>> This seems kind of like the Nimiism when
it comes to housing where it's a chicken
or the egg thing. And again, the people
that are in the middle of it are just
there there is nobody actually looking
out for their interest. So, I'm just
saying I don't think socialism is the
answer, but I'm starting to understand
why so many people are going towards
socialism because when we talk about
>> if it worked, we could do it, but it
won't work.
>> But but when we talk about housing, you
give me a bunch of reasons why other
people can't do it. And it becomes the
people who have the thing don't want you
to have the thing. Then when we talk
about corporations, we talk about the
people have the thing. This is all the
reasons why you shouldn't have the
thing. So now my house and my job where
I spend, let's say, twothirds of my
life,
>> I can't have control over.
>> So now you understand why I might be a
little bit like, okay, [ __ ] it. burn the
whole thing down.
>> Yes. Now, is that like does that strike
you as the place to stay? So, even
though I can understand it.
>> No, no, but that's the thing. It's it's
not even like a place to stay because
then that goes into the IQ argument
which is also lobby that says not
everybody's going to make it. So, there
are going to be people that even want to
be gung-ho and want to do it. They're
just going to get screwed over. So, just
fdom. It is what it is. We're just going
to shrug our shoulders. where I think
that these are tangible things that this
guy's listing that if we did reduce
stock buybacks and you can't reby a
stock you can't increase your dividend
to get more stock dollars invested to
keep more people in the asset train to
keep you away from the effects of
inflation while your workers are getting
caught by inflation. So instead of stock
buybacks, why don't you give employee
dividends? So you're you're still
employee, your number goes up, your
stock goes up, but now at least people
are now getting bought into the system
to people that are helping you get that
stock number. You see how it's the same
thing, but it can be something that can
help build somebody up the middle class
again as opposed to you need to figure
it out. And I think that's the
frustration that a lot of people are
feeling in this moment.
>> I I am so grateful for how well you can
capture the emotion, but you're in Gary
economics territory. This is all emotion
and there's no reality.
>> No, that's a distraction. That's that's
not a distraction because I we could
talk policy by policy.
>> Drew, go through them one at a time.
None of these are going to work.
>> You cannot if if you try to tell a
business this is how you need to
allocate that capital. You will [ __ ]
them up and you will be like every other
dumbass socialist country.
I understand how you should capitalize.
>> Private equity has is has mental
gymnastics to three different
industries. When they blew up real
estate, they went somewhere else and now
they're buying up businesses. when
they're going to blow that up. They're
going to go somewhere else and they're
going to start buying up TikTok. You're
>> talking about
>> I'm I'm using a very specific private
equity. I'm using a very specific
example because once they went through
the housing bubble, that bubble uh
>> but that's different. Private equity is
people that have made money and now
they're trying to put money back into
the system. So, if you're saying I don't
like the way that you're putting money
back in the system and you think that
there are regulations that could and
should be done to protect against things
like the 19 or the 1870 type, like
you're hollowing something out because
people don't understand what's going on.
That's entirely possible. And I've
certainly talked to VCs, private equity
guys that see that there is a problem
there that where they're allowed to like
put a ton of debt on these companies in
a way that's wildly inappropriate
because they're doing it to I don't even
I don't understand it well enough, but
there is some sort of weird problem
there. But we're moving away from what
we were actually talking about.
>> What I'm saying is is that if you were
to put these regulations on these
businesses, they're
>> what regulations?
>> I can put specific regulations. Tell me
what the regulations
>> stock buybacks for spec specifically on
stock buybacks. So you're going to force
them. We can't do stop stock by
>> if we just add a regulation to there.
They're going to find a way to allocate
those resources in a way that's going to
make that business ultimately better.
It's just we do the same thing.
>> Wait, hold on. Hold on. Hold on. You're
saying no matter what burden we put on
companies, they'll find a way to make it
work.
>> They'll find a way to finesse it.
>> That's crazy.
>> We increase taxes and there's a Google
Ireland building.
>> Tell that to people in the Bronx.
>> Like you do create scenarios.
>> You're talking about rent control. I'm
not talking about rent control. I'm
talking about stock buybacks. You're
talking about putting an external
top-down control on how people use their
capital and I abstracted it out to see
if that was the principle that you were
really putting forward which is as a
principle that's we can put a burden on
the companies and no matter what burden
we put on them they'll find a way to
make it work.
>> All I'm saying is there should be a moat
around certain things if you want your
country to actually thrive.
>> There should be a moat. Be specific.
>> There's a literally there should be a
moat around certain industries so your
country can survive. Housing should not
be
>> you're saying they should be public
owned.
>> No, I'm just saying that there should be
certain restrictions around these
industries so that way
>> so regulations because I don't know what
you mean by moat.
>> Moat is regulations. You can't you can't
there's certain waters you cannot cross.
Private equity owning houses you should
not cross it. Stock markets owning h
like mutual funds owning houses that's
something you should not cross. That's a
very specific example. But what the what
I'm trying to articulate is that we just
spent 20 minutes talking about housing.
We got to the end of the housing. And
you were like, well, people who own
houses are going to try to push and
lobby so that way they don't get more
housing and that's going to keep the
number up. Government is also going to
do that cuz they're going to get lobbyed
up. So, okay, you can't change that.
That it's going to be an uphill battle
to change that. Cool. Got that. That's
hard. Now, we're looking at companies.
Okay, wages don't need to grow. Um, you
can do things with record profits. You
can incent you can push up your price as
high as it goes. Blame it on COVID even
though there weren't actually any supply
chain issues. And yet, we when we try to
criticize that, you're saying, "Well,
no, we can't with the company either."
So housing market, although the little
guy is getting screwed over, don't do
anything with it. You're just going to
have to get screwed. The companies that
are now extracting the wages from
extracting the labor from people, giving
them record profits, we can't do nothing
with that. You're screwed there. But
what you can do is invest your $10 and
maybe you can get on this property
ladder. And do you see what I'm saying?
Like that's kind of
>> I see what you're saying. And this is
one of those where uh we're going to
have to take these issue by issue
because if you can't tell that you're
approaching this from an emotional
standpoint, then I don't know how to
access your mind. I feel like a woman
right now cuz he called me emotional.
>> Yes. Because
>> you're saying Drew, nothing you're
saying is making sense. You're just
emotional.
>> What I'm saying is there are physics to
this. So let's take each of these things
that you want to do. Look at the physics
of how this will actually play out
versus like it ought to be this way. It
doesn't matter how it ought to be. What
matters is what is it? People can make
an argument that it ought to be that
rent shouldn't be expensive. Okay,
great. But you have two ways to approach
that. You can do what Houston does and
just say we're going to let people build
and it is what it is. And sorry
homeowners, but your prices aren't going
to go up up up up. and great, then let's
do it. But what I'm saying is we live in
a system where you have to get things
through politically. The reason that I
say all these things is not to make
people feel defeated. It's the exact
opposite. I want people to understand
how these things actually work so that
they can go, "Oh, I see what we have to
do. We have to be armed with receipts.
We've got to be able to walk in and say,
"This is how it's being handled in
Houston. This is exactly how they
handled it in the Bronx. Look at the
catastrophe. This is what happened in um
uh Austin and prices doubled or tripled
in like 6 months, two years, like a
really short period of time. But this is
how they got the properties back down
again. Deregulation, letting the free
market go in and do its thing. And so
everybody has to have a guiding light, a
way by which they parse the world and
say, "This world's very complex. So how
do we deal with these different things?"
And the answer I think that has been
proven time and time again across
countries, across time over and over and
over, the government is god awful at
allocating capital. They are absolutely
atrocious when they try to get in into
people's business. They need to back
off, do some regulation effectively.
Don't let monopolies get into place. Uh
you want to make sure that you're not
getting um so much money in politics
that nothing can get done, which
obviously is happening. And I'm saying
those are the things that you want to
target. You want to find policies that
have a track record of actually working
inside of a real economy. Dude, when I
look at China and I go, China had uh I
mean just god knows how long of mass
poverty. They starve their own people to
death all because they thought we can do
a top- down economy. We know uh we're
not going to let them do buybacks, this
that or the And then they finally
realized, oh [ __ ] like the only way for
us to go free or to get out of poverty
is to embrace the free market. They had
Americans come over and teach them
essentially everything. And then they
started doing it and they went from 88%
poverty to like 1% poverty in I 40 years
or something. I mean, just it is the
most miraculous thing that ever
happened. When a communist country
realizes, oh my god, what we have to do
is lean into the free market. That's
when you're like, "Bro, that is the
thing that works." And so, for sure, I'm
not a no regulation guy, but I'm, man,
you've really got to be careful with
that. And if your beef is we've hollowed
out the middle class, ask yourself, what
does it take to get a thriving middle
class? And what it gets to what it takes
to get a thriving middle class is to
make sure that homes, which is the only
asset that the vast majority of people
understand, access to that. And you have
to stop inflating the money spot. You
have to Drew. There's physics and if you
inflate the money supply, it won't
matter. Nothing else will matter. Uh I'm
going to be doing a deep dive on Lie
Kuan Yu who basically took a bunch of
poor people that got kicked out of
Malaysia and they had a small little
island and they had to turn it into
something. And dude, he was like, uh, we
had to make sure that everybody owned
homes. And I told the communists, I will
literally fight to the death. Do not
[ __ ] with me. Uh, I told the unions, I
will [ __ ] you up. And he understood like
you've got to get, you need private
property. You need people invested in
it. Like these are things that have to
be accomplished, but you don't do it by
the government forcing these things down
by fiat. That is when everything breaks.
These were policies are already enacted.
They got withdrawn. So, just like we're
mad that money is in politics and Elon
Musk gave Donald Trump $250 million and
that was gross. That was a policy that
was allowed. So, there was a world where
the middle class kept up with inflation.
There was a world where the middle class
can own homes. Then there were these
restrictions. Okay, everybody's doing
good. Let's take off this restriction.
Let's talk off this regulation. And as
we kind of walk down, these things
compound over time. And that's it's just
it's it feels like we're confused like,
oh, what's happening? when we can
literally go point by point, 1970s go
all the way down to the 2000s, how many
regulations have changed and how those
regulations have impacted the too big to
fails. Well, the middle guy has to like
the little people haven't been
protected. And even right now, we're
we're we're withdrawing the Consumer
Protection Bureau. Like there's so many
things that are supposed to help that we
had to kind of avoid this problem that
we restricted. Now we have this problem
and now we're saying, "Oh man, we just
got to stop inflating money." It's like
there was other things that were taken
away that sped up this problem that
exacerbated this problem that if was
still there it could not it could have
had a different outcome than what we
actually led to.
>> So no matter what would have happened we
would have been in the same exact spot.
>> No.
>> So then what's the point of a regulation
anyway?
>> I literally just said no. So the I woke
up one day itching so badly I wanted to
cry. I wished that I could cry and I
went to the skin doctor and they were
like, "Huh? We're going to have to give
you some cream. This is crazy. uh you
must be using a new detergent. You don't
realize it, but something's getting on
your skin. And I'm just like, that
didn't sit well with me. And I was like,
what would I advise somebody if they
asked me, "Hey, Tom, I'm itching all
over. What's wrong?" I would say, "It's
something you're eating." And so I said,
"Okay, it's something I'm eating."
And lo and behold, it was something I
was eating. And as soon as I stopped
eating uh basically artificial
sweeteners in unimaginable quantities,
uh it went away. And I was like, it's so
interesting that people think that
there's an exogenous thing that you do
from the outside that will help you heal
when the reality is it's usually a thing
you just need to stop doing. The thing
that we have to stop doing is printing
money. And I know that's frustrating
because it seems so impossible to stop.
But the reality is everything else is a
topical ointment. And if we just put
cream on it and we do all these things,
it isn't going to solve the problem.
>> When the other 98 countries over the
last 500 years have done the exact same
thing, excuse me if I'm not optimistic
that we're going to be
>> that they all embrace because so
>> if there's one country that turned the
corner and was able to do it,
>> there is Argentina. But you need to look
at this and ask yourself, okay, well,
wait a second.
>> If every country is doing this, and I
look out at the world and it's pretty
awesome. Even now, there's a lot of
strife, but it's still pretty awesome.
So, it's like, huh,
>> modern monetary theory, as much as I
want to dunk on it and say that it's
just total dog [ __ ] The reality is
everything's a trade-off. Modern
monetary theory is a trade-off. And the
trade-off that we make is that we smooth
out the big bumps. 2008 in hard money
would have been a 10-year recession,
depression, would have been a nightmare.
Now, the people that were stupid would
have gotten washed out of the system, as
they should have. But just like when
China does really dumb stuff and
Everrand goes down and it causes ripples
around the world, it's like there are
things that affect a whole lot of other
people.
>> And so, we have decided for better or
worse that we want to run modern
monetary theory. It will blow up roughly
every 150 years, but for 150 years it's
dope. And then after that country blows
up, a new country in this case almost
certainly if China can get their [ __ ]
together and do a hardback currency. But
anyway,
>> uh irrespective of who it ends up being,
somebody else will rise. They'll get
their 150 years. They'll do the same
thing that we did, which the British
did, which the Dutch did, which the
Spanish did, so on and so forth. And
that's the system that we're running. So
we either say we're going to address the
system and change over to a hard money
system or at least now with Bitcoin,
there is a parallel hard money system
that people can take advantage of. It's
highly volatile. So do at your own risk.
But like over time it's theoretical if
the governments don't try to seize it
that we could at least have a parallel
thing. What bothers you and me is that
the average person doesn't understand
that and they're never going to do that.
what they understand is a home. And so I
keep coming back to while I would like
to abolish the Fed, we're probably not
going to. Though they really seem like
they're going to in Argentina.
He's going to need another year, but
like he's really making the moves. We'll
see.
>> We'll see.
>> Um
but even if we don't abolish the Fed, we
understand what we have to do to get out
from under the debt. We understand what
we have to do. uh by getting out from
under the debt, we can stop printing
money, which means housing prices won't
keep racing away from people, and so the
average person then will be able to get
back into it. Ideally, we would do a
beautiful deleveraging. But
unfortunately, just telling companies
that they can't buy back their stock
does not mean they're going to start
paying higher wages. It the the economy
just doesn't work like that. And if you
tell people we're raising the minimum
wage to $20, they'll hire more robots.
And if you tell people we're gonna tax
the robots, fewer people will start
companies. It's just that simple. And
people are not being honest that the
makers in the world will stop making.
So, um, Drew, you're you're an insanely
hard worker. So, trust me when I say I
do not aim this at you, but there are so
few people that would ever be willing to
match me and the hours that I work. And
even of the people that are willing to
match me in the hours that I work, there
are very few people that will take the
risks that I've taken. And I get it.
It's super stressful when everybody you
have to make sure that everybody else
gets paid before you. Uh stressful. It
is what it is. That matches some people
and it doesn't match others. But if you
strip away the rewards, people will stop
doing that. And I need only point at
every other country. We beat them all
combined in terms of the number of
billion-dollar companies that we
generate. We And if people think that uh
billion dollars has become like this
negative word, it's innovation. They're
innovating. They're building the future
and it's hard and it's risky. But
there's a certain type of person that
wants to do it, but they stop doing it
as you can see in every other country
when you strip the benefits.
Uh we're 21 seconds into this video. We
got more to go.
>> Buyyous and the government didn't
regulate leverage buyouts and that was
the start of private equity basically
buying up everything so they could make
more money. Then we moved away from
pensions to 401ks which essentially just
took the responsibility and
accountability of the company to take
care of their workers with the
retirement and put it on to individuals.
But we were never taught economics in
high school. So how the [ __ ] are we
supposed to know about compound interest
and investing? But then they said the
401k was better than the pension when it
wasn't. Then they started shipping. So,
do you think companies should have to uh
pay retirement?
>> The government's going to. So,
>> but who's better paying retirement?
>> Companies.
>> The companies.
>> So,
>> cuz the government is my tax dollars.
So, at least if you worked for JP Morgan
for 45 years, JP Morgan should take care
of you. As opposed to you working for JP
Morgan 45 years, you get laid off and
then now you're on social security. Now,
I'm paying for your retirement. Well, JP
Morgan got it. JP Morgan. Got it.
Explain that again.
>> JP Morgan has the amount to allow a
pension system that can flow based on
the profit margins they get on their
individual labors employees.
>> So as an employer, I pay all kinds of
taxes for employees specifically so that
it can contribute to social security etc
etc.
>> So if you were to take that don't give
it to social security you put that into
a 401k
>> you put that in we could call it a
pension whatever you put that into that
you match the employee you're
>> so interesting. I
>> so as opposed to throwing it into a
black hole that is the US government,
why don't we put it directly into the
employee?
>> Man, Enron comes to mind. So that
>> So you prefer to pay the government
versus directly?
>> I think the government should do like
what they're doing now where when every
kid is born or did it pass? I don't
know.
>> Yeah, that pass. Yeah.
>> I love that. So giving every newborn
American whatever $1,000 that's invested
in I don't know if it's specifically the
US stock market, but putting it into
assets. Now the whole thing that I'm
saying trying to get everybody on the
asset train literally every kid born in
America will be on the asset train. That
is brilliant. So uh that is precisely
what I want to see and if companies are
going to continue to pay into that
should go right into the assets rather
than going into the government coffers.
So that to me is huge. It is
transformative. So there are things like
that that we can do where it's like yeah
that aligns with the physics of money.
Do that all day long. I'm just saying
don't do things that are misaligned with
how money actually works.
>> I'm with you. So again, little tweaks
like that.
>> Our jobs overseas, building the middle
class of other countries so that they
could make more profit, destroying the
middle class here. Then we started
ramping up the borrowing money and
getting into debt as a country, which
devalues our dollar. And in 2008, we had
predatory lending, crashed the housing
market.
>> It's like uh
you beat your wife every night in the
head with a hammer and you're like, "Oh
man, I really should tuck her in more
neatly in bed." Uh, and I probably
should talk a little sweeter to her.
It's like, "No, [ __ ] You should
stop hitting her with a hammer." So,
there's one thing in that list that
matters. And he blows past it while
really going hard on some things that
are all minor in in comparison. Like
this. This is the one that scares me.
Drew, you've been around me for so long
>> that uh the fact I have not been able to
convince you that effectively the only
thing that matters is debt and money
printing. There there isn't anything
else. I do all the other deep dives and
I stop myself sometimes from talking
about debt and money printing but it's
really the only game there's nothing
else to talk about and so even if it's
just like in that person's own life
>> uh you have to understand how money
printing is going to affect you and take
evasive maneuvers
>> uh and you have to be very careful of
having debt in your own life think of
the sixphase debt cycle as being at the
individual level as well so that yes
taking on debt in your own life so that
you can grow your income very smart if
you're taking on more debt than your
income is growing very stupid and if you
just live literally by those two maxims,
you're going to be great. But the
reality is people don't and they get
into fancy [ __ ] like this and it sounds
cool and he talks fast, but the reality
is the only one that he mentioned that
actually matters debt and money printing
and nobody should be helpless because at
the individual level you can do
something about it. You may not be able
to get the whole world but you can do
something yourself.
[ __ ] over so many Americans and then
we used taxpayer money to bail out the
banks and when all the houses were cheap
the rich wouldn't bought those bailout
and that's when you started to see
>> it's part of debt money printing but
calling out bailout specifically is huge
people do not understand that the system
that they're living in is designed to
socialize all losses for banks so they
can take out reckless loans student
loans uh which should be dischargeable
um obviously all the subprime home
loans.
>> Mortgages just got bailed out. Auto
companies got bailed out.
>> Yeah, there's more coming. I think
there's like a pension problem building
now. They'll get bailed out. Uh and
bailouts allow for private gains and
public losses. That's that's evil.
>> The rent start to increase around the
2010s into the 2015s. And then in the
2011, we allowed super PACs to exist. So
billionaires can now buy elections. And
they use that money on attack ads, which
divides the country, divide and conquer.
And that's what they did in 2020. We had
the pandemic which both sides of the
aisle handled like absolute [ __ ] Shut
down all small businesses. All the money
went to the top. The rich got richer.
They printed trillions of dollars more
which people needed. But what did all
the people do? We spent the money
because we needed to spend the money.
And where did that money go? To the top.
And they got richer. And lastly, they
decided during the pandemic, let's lower
the interest rates on buying a home to 2
and a half to 3% so that people could
refinance and get ahead. But no, all
that really did was give the green light
to a bunch of rich people to basically
borrow free money. And actually that
having low interest rates is bad. Like
this is where uh it may not have the
outcome that you want, but you as a home
buyer want low interest rates.
>> Agreed.
>> For sure. So, but he's making it sound
like it's a bad thing.
>> As a millennial, if you're at that point
of your career, you're at a downtime
because you probably got laid off in
2019 and then you probably might got hit
in 2020. So, now when the interest rates
are finally what you want them to be,
you can't afford it because you've been
living off your savings for the last
year and a half. Well, I'd say there's a
way more important part of that, which
is you can't afford it because housing
supplies are kept so strict.
>> Uh, and you've got to let people build.
>> And I'm sure you had a couple stories.
Everybody has a pandemic story where I
went to go buy a house and somebody
outbid me with the all cash offer and
they went 5,000, 10,000, 50,000 over
asking and
>> my FHA mortgage didn't hold up. So, uh,
yeah, I think we get I think we get the
picture. Um this is the perfect segue to
how Silicon Valley has been outsourcing
American dynism to China. Um she starts
with manufacturing, then she goes into
the venture capital part of it. This is
Katherine Bole. She was on Shawn Ryan
talking about how American dynism and
Silicon Valley has been outsourcing a
lot of those things to China and taught
them how to do early stage investing.
>> We were talking earlier about this um um
Apple and China book that came out where
I think it's rewriting the narrative of
what Apple did. So, it wasn't like Apple
went to China and they said, "Oh, these
guys know how to manufacture. We're
going to give them, you know, like
they're going to help us manufacture and
achieve our goals." Apple trained all of
the people in China to do manufacturing.
Uh it it was something like 28 million
over the course of the last, you know,
10 years that they've been there that
they've trained, which is the workforce
of California. Um the the interesting
stat that this this this writer notes is
that Apple invested I think something
like 58 billion per year into into China
so that they could invest in these
manufacturing hubs and invest in in
these factories. And when you compare it
to the Marshall plan it's something like
2x the entire Marshall plan.
>> So So okay I know corporations can do no
wrong but that's kind of like
>> you think I think corporations can do no
wrong. I'm just I'm just I feel like
that 58 billion that's another example
if we just use that 58 billion you're
not allowed to outsource you're not
allowed to offshore and build factories
in other count I know that's a that's a
rough way to word it but is there a way
that we could have protected ourselves
15 20 years ago so now we're not trying
to tariff and race China now into 2025
>> this one is
on one dimension self-evident what a
self-inflicted wound we made it possible
for China to now steal IP, um, hold our
feet to the fire from an economic
standpoint,
>> apply pressure on the AI race,
>> right? Rival us in terms of, um,
supremacy militarily, uh, global
influence, just absolutely ridiculous.
Uh and at the same time
in the '9s when all of this started not
necessarily with Apple but when the
reputation of what we were doing in
China started it was hey these guys had
un untold years of suffering under
Maojaong
starved tens of millions of people to
death they're finally embracing the west
and if we help them get economic
prosperity they'll become a democra Y
and imagine a world where we separate
China from Russia and we're able to get
them to be a huge trading partner for
us. So whether that's me being naive or
people actually believe that, that
certainly was the rhetoric.
>> We wanted to get them in. We wanted to
see things go well. Now I was super
young, so I really believed it and it
really sounded awesome. Like, oh my god,
we're spreading democracy. This is so
cool. Uh obviously now I realize it just
doesn't work like that. Cultural values
matter a lot and you're not going to
beat it out of people. Whether they come
live with you, whether you build
relationships financially with them,
they still are the way that they are.
Their country has an identity and a
frame of reference and blah blah blah.
So, um it obviously didn't play out the
way that we wanted it to. So, in
hindsight, this makes Apple in some ways
look um certainly like they betrayed
America. Did they go all the way to
treason? But they certainly betrayed
America and I certainly don't think that
corporations can do no wrong. Uh having
built companies for as long as I have, I
am all too aware that every day you've
got to like walk the straight narrow, be
ethical, be honorable. Um and that not
everybody makes those choices. So
I think Apple on purpose or on accident
just was profit motivated and we're
going to go over there and we're going
to get inexpensive labor. we're going to
um build these incredible facilities
that we can't necessarily build here or
wouldn't be advantaged to build here. I
mean, they put nets around the facility
because so many people try to kill
themselves. So, it's like, okay, well,
we can just, you know, get real close to
slave labor. Uh now, whether they
realized that they were going to create
a problem for themselves, and Tim Cook
has talked about this, they personally
ended up turning all of China into
hyperkilled labor. And so now it's like,
well, maybe you can still work them
around the clock, but they're not cheap.
So you pay $58 billion a year, you're
not gonna walk away for that investment
quick. So I get it. Also, this this
became a mess. And um it's very clear
now that as a government we
we are no longer like you um do
globalism and then you do protectionism
and you do globalism and you do
protectionism. We're in a protectionist
moment. We need to act accordingly.
>> Uh so yeah, we're going to need to
contract. You don't want to see
companies do things like this. I think
that um the US government should be
looking for ways to help Apple extract
themselves from China. India would be
better. America would be even better
than that. Um just because you'll run
the same playbook with India and you
will teach them all the same things and
then India is going to rival you as a
global power blah blah blah. But um
yeah, I I would want to see them do that
especially because Apple is high-tech
manufacturing which is the exact kind of
manufacturing we want to do.
>> Yeah. And then she goes on to talk about
venture capital a little and how we
outsource VCs over there too and taught
China how to do it
>> 1015 years ago with Apple. But there's
many good examples of you know companies
that that were invested in by American
venture capital firms in China um that
you know are are way ahead in terms of
production. I I always say like the
biggest scandal Apple is a good example
of us taking our knowledge and our
knowhow into China and teaching them
something that was an American secret in
many cases. But the biggest scandal of
Silicon Valley is that Silicon Valley
did that too in 2008 2009. Venture
capital firms that are very large and
very successful went into China and they
taught them how to do early stage
investing. They went in there and they
trained people and they trained them as
though they were training their own
associates in Silicon Valley and they
told them how you build these companies.
And so I always say that the sort of
venture capital ecosystem, it is
American dynamism. It is the thing that
allows America to be dominant in the
global economy. It's how we build tech
companies. But VCs went over there and
shared information, shared limited
partners, shared all of the aspects and
the functions of how you build an
incredible legacy defining venture firm.
And over 20 years, China has a true
ecosystem of tech companies now. And
they all work with the CCP, right? Like
they figured out how to build in the
kind of confines of how China expects
them to build. But like this is
scandalous. Like I think it's
>> I can't yet get a read on. This is
interesting. So, I think that this is
you look at somebody and you think, uh,
they're not our enemy today,
>> but a small handful of people go, but
they will be in 10 years, 15 years, 20
years.
>> They seem like racist maniacs in the
early days, and then they seem right
>> once the conflict actually arises. And
so I, this is the kind of thing that I
see happening right now where America is
going to wake up one day and realize
that we have imported immigrants who
don't like America. And we're going to
be like, uhoh, this was a problem. It
was an obvious problem when we started
doing it, and it's it is no more obvious
now than it was then, but back then we
didn't want to talk about it. And so I'm
sure people like this were squawking
about this back then, but I certainly
would have been like, "Dude, that's
horrible. What are you talking about?"
Like,
>> why do we not want China to thrive just
because they're not here? And when the
economy was booming, that's just what it
felt like. Like, why would I care that
China gets theirs? That's dope. I want
to see China thrive. And then you wake
up to the hard reality one day that, oh,
this is a game of power and this is uh
real politique. No one is coming to save
us. We're all on an international stage.
We all have militaries. We all want to
be top dog. And uh what's the phrase?
Ambition grows in the Eden. So when
things are going well, people's ambition
tends to grow. So people will
acknowledge you as number one when
they're number two.
But when they start growing to your
size, they're not okay with it anymore.
>> We'll see in AI news. um Grock with the
craziest rebrand I can remember in
recent memory. Um going from uh the the
big A to now he's an anime character. I
don't I don't know what's going on here,
but Grock 4 has introduced companions
and there are people who are already
loving it
>> right now. Can you say hi to them?
>> Yo, that's awesome. You're chilling with
your viewers. Hey there everyone
watching my favorite person. What's up?
I'm rocking my black dress and
ponytails. Just vibing or I mean feeling
the energy with you all. Hope you're
having as much fun as I am.
>> Man, I uh so I could not be more excited
by AI and AI characters and people
building relationships with the
characters. But admittedly, in the
uncanny valley right now, it's a little
weird.
And there's a a night mode that
apparently once they like you, they get
into lingerie. Uh
>> if you're not looking at your screen
right now, uh maybe for the best, but
this is wild. I'm I'm really surprised
that Elon is leaning into this. So, he
clearly uh has a read on his customer
base that I did not of all like he's
just lost so many like fans that like to
do something like this right now where
it's like she's getting sex is this
actually
in Grock where she does this or was this
>> like you have to get to like a certain
like affection level or something like
that? Another person retweeted it and
said you can customize it. And she had
like Harley Quinn hair.
>> I know Elon has acknowledged unless this
was photoshopped, but Elon has
acknowledged that they're going to do uh
like skins that you can buy so you can
do outfits and stuff like that. That
that is going to be a cash cow.
>> Yeah,
>> that's
>> and it's only a matter of time before it
gets mapped on into Optimus and then
boom, real life sex.
>> Oh my god, for sure. Uh obviously I
think about all this stuff from a
different angle. building Project
Kaizen, our video game, think a lot
about the opportunities of building
characters that have memory that when
you go on a mission with them, they
remember it. They remember how you
performed. They remember when you lost,
when you reset, like uh if you yell
because you'll be able to pick up stuff
like that, especially if I can create
the little talking uh what we call
exotics that actually exist in the
physical world and sync up. I I don't
know that I can do it yet. We'll see.
It's it doesn't violate the laws of
physics, but I've not solved that
problem yet. Uh, but that would be cool.
So, it would know you cheering and
celebrating and so you'd be able to have
like this really cool companion uh that
is going on these game raids with you,
but that doesn't weird me out in the way
that like
>> you talk to it, it gets to know you, it
starts dressing more scandalously. I
don't know. There's it's going to
happen. There's no doubt. But
>> there's a podcast series that's dropping
that's literally about love and code and
it talks about digital AI relationships
and the first episode is about somebody
getting married. They had an online
wedding in like 2021
>> with their AI
>> early adopter.
>> Yeah, that's what I mean like in the
pandemic like so
>> did you see the one where the husband uh
had a he told his um AI that he loved
him. It told him that she loved him as
well. And then I think what ended up
happening was it broke up with him for
some reason and he oh god I hope I'm not
mashing two stories together and he like
got really upset by it and so he ends up
telling his wife about it and is um
asked by the interviewer if your wife
asked you to give her up would you? And
he was like ah I don't know. And it was
like, whoa. Like this this guy's even
married and he's having a relationship.
The guy forget like I get for women
whose pornography comes in like books
where they want to read about it and
they want to read about the interior
lives of the two characters and the
tension and all of that. Like I would
understand for them the you know the
sort of sexual relationship of it all is
relational. It's about getting to know
the person and talking to them and being
heard and all that. But for a guy like I
was very surprised.
>> I remember that interview because it's
funny because the guy was talking about
how his relationship happened and how it
was going through these ups and downs
and then it just like pan out. His wife
realiz you're married and you're saying
all this in front of her. It's crazy. Uh
all right. From AI dating to real life
dating in New York City. Guys, the
dating scene is getting so bad in New
York City that I am seeing on Tik Tok
there are girls going into Midtown
during the week and stealing finance bro
salads for lunch and then looking their
name up from the salad order on LinkedIn
and then messaging them through there
and being like, "Hey, oh my god, so
sorry I grabbed your salad. Like, let me
just make it up to you and buy you a new
one." And that's how they're like
sliding it, which honestly smart. Why
are we stealing men's salads? Like
that's
>> Why can't they just come up to us at a
bar? Like why is it getting to this
point?
>> Pause.
>> Are they serious? How many videos have
to be put out of them being like, "Oh my
god, that's so ick." Or like all the
stuff that happened.
>> The worst you could do is say no. And
then something crazy happened.
>> Oh my god. Like women make Tik Tok after
Tik Tok about guys creeping them out,
not wanting them to come up to them,
just wanting to be left alone. and then
they are surprised that guys are tense
to go up and talk to them. That that's
the one where I'm like, "Okay, hold on a
second. We're not in reality anymore."
>> When I first like heard this, I was
like, "This is dumb." Like, "This is a
TikTok thing. This is in real life." And
then I was like sitting at lunch and I
was talking to somebody and they were
telling me how like they were at like a
shop and a girl was dropping all these
hints and they just like completely
missed it. And I'm just like And he was
like, "Yeah." And then I pulled home. I
was like, "Oh." Like she was trying to
tell him about a a fish taco spot and
it's so good and I'll show you. I'll
take you there and I'll do all this. And
he's like, "Okay, cool. I don't like
tacos." And just like dipped. And it's
like in hindsight, there are those
moments where it's like, uh, I probably
should have like that girl that was
super nice to me in the grocery store.
Yeah, she probably did want me to say
something, but I was coming from the
gym. I just wanted, you know, my jug of
water. So, I go home. I don't
necessarily want that conversation. So,
I understand that frustration on
sometimes there are those moments where
you want the person to say something and
they just didn't read the social cue.
But, I think stealing salads is like a
jump. I don't know if we're there yet.
Like
>> sliding into the DMs though. It is
pretty slick. Uh I once did the ultimate
Oh my god, I can't believe that I didn't
read that right. I had a girl asked me
if I would watch porn with her, which I
did. We watched the whole movie and I
never made a move.
>> Wow.
>> And it Drew, it wasn't until years later
that I was like, "Wait, girls don't do
that for no reason."
>> Yeah. I was, I don't know, 16, 17, so
you'll have to forgive me, but I
hilarious.
>> I had negative game at that point in my
life. negative game.
>> You actually saw the credits roll the
poor like that was good. I would have
changed the cinematography, but I don't
know. The writing was a little weak, but
>> it was hilarious.
>> All right, that's all I got.
>> All right, everybody. If you're not
already, be sure to join us for our
lives Wednesday and Friday at 6:00 a.m.
Pacific time where we go into all this
kind of stuff and more. Join us there.
And if you haven't already, be sure to
subscribe. And until next time, my
friends, be legendary. Take care. Peace.
If you like this conversation, check out
this episode to learn more. Trump does
not want people asking about the Epstein
files anymore. Netanyahu nominates Trump
for a Nobel Peace Prize. The Supreme
Court ends the workforce reduction
injunction. James Gun says Superman is
about immigration and politics and many
don't love