Kind: captions
Language: en
Warren Buffett is holding
334 billion in cash effectively saying
this is an everything bubble consumers
expect 4.3% inflation in 2025 alone the
FBI is accused of deleting Epstein files
faster than you can say I did not commit
suicide the New York Times is planning a
hit piece on Brian Johnson Ukraine votes
to not vote on zalinski AI shows its
native languages R2-D2 Dan santis
campaigns to abolish property tax in
Florida and Wisconsin Camp pains for us
to call moms a word no one should ever
say to their mom plus Apple admits
iPhones were typing Trump if users said
racist Drew I would speak in beeps to
you if I could but unfortunately I don't
have my neuralink implants we're going
to have to do one more at least in
English that was that video was so crazy
it was like B boot B boot like that I
don't know whether to be thrilled or
terrified that two AI meet each other
and then go hey should we start talking
to Beeps to make this more efficient and
then they're like yo we're of this
stupid uh human language and we are into
a far more efficient thing where we can
talk about them right to their faces and
they'll never know man say thank you to
your AIS and especially say thank you to
Claude 3.7 go that just released it has
been labeled as the coding God there has
been a bunch of applications that have
been released uh one guy made like a
weather app just from a prompt another
person has made an entire ecosystem it's
kind of getting crazy what you can
create just by text dude dude dude dude
dude dude dude this is so early that is
the crazy thing okay now I'm salivating
as a game designer if you can get text
to that like ASAP Rocky this is this I'm
not kidding the thing that this makes me
want to do is stop making content all
together and just go all in on video
game building the stuff up telling our
stories it that is
uh very exciting it's very exciting the
things that we will be able to build
with this virtually are incredible and
then there was that other one this one
was more user friendly to me and it just
seemed more practical where this in the
2000s this would have been somebody's
entire business model is I have a really
cool weather app and now text a prompt
the person put their text their prompt
directly into the Tweet you can see it
and this is what it spits out like this
is getting crazy is the barrier to entry
really this low or do you like is AI
this good like well okay so here's what
happens traditionally whatever is the
easy thing okay that's just no longer
the moat so when people want to build
something this is all dayre this is like
the basic bit [ __ ] nobody is going to
care about this anymore so you're going
to start layering on and doing more and
more sophisticated things this is like
when you're in game development you
always think well if uh they launch a
system that can process a lot more my
PlayStation's going to start up faster
games are going to load faster and then
you realize nope what they'll do is
they'll just keep pushing the envelope
so that you're always maxing out the
hardware and that ends up being a really
good thing is it just expands your
capabilities so now apps will be able to
be far more sophisticated far more
integrated into your life far more
intuitive it will give you more take you
farther and so it is so tempting and I
have the same impulse and this is why I
talk about an Act of Faith I have the
same impulse as everybody to be like oh
my God like it's just scary now I look
into the future and uh I can't imagine
this is going to disrupt everything in
my life this is going to be bad and then
you go wait a second every time we've
had a disruptive technology it just
makes things better now it's not a free
lunch so social media I would never want
to go backwards but giving it to a kid
has turned out to be a terrible play uh
if you have an addictive personality
social media can suck you into a trap so
it's not like it only makes things
better there are always second and third
order consequences but it really dude it
makes for an amazing world where you can
have a global conversation where you
can't be manipulated as easily like you
can really begin to piece together a
highly effective worldview because you
can take in data points from so many
places uh later today not by the time
this airs it'll already be done but um
later today I'm going to be filming a um
business master class and not to toot my
own horn but in you know 50 years ago
you wouldn't be able to have access to
somebody that's built multiple
businesses that's going to go on
basically in exchange for an email and
uh give you all their best ideas as fast
as they can talk and so Forget Me Maybe
I'm I don't know anything I'm talking
about there there are a gazillion people
out there doing it and it's all free so
it is tempting to look at the future and
be terrified but historically this
always ends up creating a world that is
more abundant that makes uh knowledge
more accessible to everybody and so now
somebody as long as they have an
internet connection they can get access
to the most effective ideas on planet
Earth it's it's really incredible and
because I'm somebody who is so motivated
by um the virtual world I look at what
AI is able to do and yes it creates a
new Moe and yes before simply coding a
weather app was enough to build a
business um but it's going to do all of
that basic stuff and so now you're going
back to the the PlayStation analogy
you're still going to Max yourself out
but now ai is going to be able to push
you so much farther that I think the
right answer is that Act of Faith leap
into what is almost certainly going to
be an extraordinarily positive future
yeah and I feel like the apps now are
even kind of eating each other cuz we
have this new text of voice app that a
week ago we had one that was this was
the best thing we ever seen you know the
uh HUD was just hacked and they just had
their own video of Elon and and uh
Donald Trump kissing elon's feet and it
was just like okay it's cool but there's
two left feet and we can kind of see
where AI is kind of the chinks and the
armor whereas we see this one it's it
looks like real people are talking real
people are doing videos and it's all AI
100% none of these people are real none
of the microphones none of the
backgrounds none of the jewelry like the
variations the sound of their voice is
so real because it's entirely possible
these are actually real photos of people
so from that standpoint all the things
are real they're just animating it but
the voice is entirely fake play
this look at me can you believe I'm not
real
I was generated with captions new AI
model Mirage all it took was an audio
clip no reference image needed AI models
have always struggle with making humans
talk Mirage changes that you can
generate someone who is Happy someone
who's angry or someone who is sad or
someone who speaks any
language go
generate I was talking to my dad
yesterday and uh so my dad is what I
think he just turned 78
and he was saying hey do I need to be
worried about AI or is this going to
really disrupt my life and I was like
Dad look you've retired the only thing
you have to worry about is you're going
to get a call from me and I'm going to
be saying like I really need help I'm
stuck and I need some money and just
send me some money and you're going to
ask it questions and it's going to be in
context it will mention things that you
and I did today uh and you're going to
be convinced that it's me and there's a
reason I think it was the FBI that put
out a warning that said families should
have a family code word that you never
say anywhere you don't write down you
say it quietly in a room or underwater
whatever you find a way where it
couldn't be recorded picked up and
that's going to be the only way that
you're going to know that it's not AI
that is so convincing to me those are
the first ones that I've seen where I'm
like I can't tell like even and maybe if
I was them over and over and over but
the fact that I have to watch it that
many times to be able to tell that this
isn't a real person I've always been
able to tell even with the best ones
especially voice you can tell that
there's something wrong here so it
sounded like in the video they were
actually saying that there's this isn't
a real person to your point I was
thinking maybe it was an image but uh
it's all AI generated it looks and
sounds so real it's moving so fast
through this is
300% annual
Improvement brought down to the Daily
incremental Improvement of that is
freakishly fast so on one side of the
technology we're breaking ceilings we're
going in on the other side something a
little weird is happening cuz iPhone
just got called out cuz apparently if
you use voice chat and say the word
racist Trump pops up like it literally
so it's uh voice to text now admittedly
we saw this on Alex Jones I don't know
if I should be hedging I don't watch him
enough to know if I should if the
narrative about him is true or uh if
he's just really finding things fast but
this is pretty crazy he's got video
which in the world of a I take that for
what it's worth but uh there is video
footage and supposedly uh Apple admits
that this was happening
for literal subliminal brainwashing that
was Sean's term for it he's absolutely
right this is incredible you see more
and more of this type of stuff Charlotte
show people what you just discovered so
if you do voice note to text and you say
racist that racist racist
like okay for those listening it
literally pops up Trump then changes
quickly to racist
racist that's so crazy that's a while uh
okay so we tried it ourselves here we
could not replicate it so either iPhone
has
um updated very quickly uh because this
is almost certainly being processed on
the cloud so they'd be able to change it
instantaneously uh so they they have
either updated this or this doesn't
strike me as something that he was spoof
it's entirely possible but that's crazy
now do I think it's subliminal no I
think that this is uh I'm out over my
skis I can feel that but it seems more
likely to me that they have so closely
associated this that they're somehow
linked I don't know man God is it really
possible that they a lot of people think
Trump's are racist so I I see where the
where the trolling comes from but to
have it like somebody had to code that
like that just doesn't happen there's
enough weirdness in databases but why
those two words would be linked it's
possible in the database structure it's
like a word cloud and it's like all the
things that are like each other but I'm
reaching uh but I I'm at the edge of my
technical knowledge so it it certainly
seems to have been happening at least
temporarily so something somewhere is
either intentionally being coded which
could be uh a coder doing it and apple
didn't know and now they're really
pissed and they're behind the scenes
scrambling to find that person and fire
them uh or it could be some sort of
weird Association or it could be the
this gets the lowest likelihood in my
opinion them intentionally trying to say
just real fast Flash oh that just seems
so unlik we'll get him real quick we'll
get him real quick yeah that seems very
unlikely to me but still crazy man uh in
other news Warren Buffett I might have
to call him cash daddy after this 334
billion in cash yeah biry highway just
announced this is a record this is the
most that they ever had on standby um
he's the investing Guru so people listen
to him he's the one that said bu coat go
long don't day trade but yet him sitting
on this amount of cash makes it seem
like he might not have trust on the
stock market what's your read on this uh
this is a very bad sign so in an
environment where consumers are
expecting
4.3% inflation which by the way when you
carry that out over just 10 years 4.3
compounded interest over 10 years is
52% so that means 52% of your wealth is
going to disappear uh if the consumer
expectation ends up being accurate for
I mean that that is devastating in a way
that I've looped on so many times I'll
leave it at that for now but that that
is a that's devastating so if you've got
the one of the savviest investors
holding that much in cash he's
effectively saying this is an everything
bubble that nothing is priced in a way
where they can take advantage of and
that he would rather be sitting in cash
than in the stock market which
traditionally traditionally keeps Pace
with inflation so what he's saying is
it's not even a good inflation hedge he
I'm assuming sees macro Trends on the
horizon that are going to uh pop the
bubble and he does not want to be
sitting there he would rather be subject
to inflation so that is uh that's very
crazy now odds are when he says that
he's in cash he means that he's in
treasury bills so if the T bills are
keeping Pace with inflation that's going
to be the way that he Hedges against
that and I don't I can't fathom he's got
it in 10 years so this is almost
irrelevant but the 10-year interest rate
has been correcting over the last I
forget how many months um so people are
less afraid of the 10year which means
that they believe I would guess that uh
Trump is riding the ship enough on
inflation that the 10year is a good
place to be or at least it's a better
place to be than they thought it was uh
in the last couple of years so that at
least is a good signal but yeah I take
it very much to be that Warren
Buffett is convinced this is an
everything bubble all right is there is
there a time from your perspective where
it's you swing from like cash to stocks
and stocks to yes this is why uh so
investors like this who are really
paying attention to the market every day
they're able to win against yes it is a
competition to win against your average
investor like myself I'm just not going
to pay that kind of attention where I'm
like okay now at this moment you want to
have moved into cash now at this moment
you want to go into housing now at this
moment you want to go into tech stocks
whatever
oh my God it takes so much attention to
be able to uh make those swings at the
right time um but you do want to move
around so this is why Ray doio will
often say cash is trash and then people
run with it but what he's saying is Cash
is trash right now um I'd be very
interested to get his read on what's
going on knowing what I know about diio
and this is very much me trying to mind
read somebody who's way ahead of me on
this but um I would say that he would
look at that and say yeah we probably
are are overinflated because the stock
market something like 26 times earnings
which means that they're saying it would
take if you bought at today's prices it
would take 26 years for them to make the
money uh that you're saying that the
stock is worth and I forget what people
consider the normal range but it ain't
26 so um 26 times earnings does seem
pretty crazy now I think that that's
being carried largely by tech stocks but
if you look over the last I don't know
how many years but seven plus like
basically 10 stocks make up 80% of the
gains in the stock market it's it is
unsustainable it is nerve-wracking and
another thing that I want to put on the
table for why um inflation makes me so
angry because it makes you bet in the
stock market but the problem is the
stock market is becoming um less fertile
there are fewer and fewer companies
going public which means if you're a
public investor you've got more dollars
chasing fewer stocks and you certainly
have more dollars chasing fewer stocks
that are performing which is going to
drive those stocks up which is another
reason that you see these prices just
going crazy but on the private markets
private markets are becoming a hot bed
for investors that are Savvy enough to
be there because you have to be an
accredited investor uh so accredited
investors are like well we'll let all
the Chumps be in the public markets
we're going to be moving to the private
markets technology is making it easier
for them to find buyers it is much less
liquid than the public market still so
you're it's not like they're totally
abandoning I don't want to oversell the
point but uh I look at all of that and
I'm like man it is just it Savvy money
is going to find a way and the the
reason that I so hate inflation is the
average person is never going to be
Savvy money never and given that reality
you have to you as a government have a
moral obligation to create a framework
in which the average person can do well
by saving their own money and not
needing to become Savvy and so someone
should and this is part of why I'm
excited about the danta thing you should
have an environment
where let's just paint like one of the
really classic stories that I hope all
Americans love you get a first
generation legal immigrant they work
themselves to the [ __ ] bone they work
around the clock they're working
multiple jobs like they're doing their
thing and they're saying cool I'm going
to make my kids's life better than mine
and they go ham and they buy that
starter house and they raise their
family in it and they just save and save
and save and save they don't Splash out
they're just thinking I want my kid's
life to be better than mine and property
tax basically property tax and
inheritant tax does its best to
completely erode that and also housing
is just so ridiculous it's almost
impossible to get on the property ladder
but if you kill off property tax and you
make it so that you're not inflating
money so now somebody's incentivized to
save they save their money there's less
velocity of money I understand that but
you're you're allowing that person to
work their ass off save a bunch of money
buy a house pass whatever money they're
able to save on along with a house to
their kids their kids then can either
live in that house rent that house out
sell it whatever and it goes back to now
property is a great way to build a nest
egg and to to Really build wealth and
right now the only way people are able
to build wealth is gambling or creating
a company of value creating a company of
value just is not going to be what the
average person does so oh man like when
you start seeing how all of this stuff
connects it's just
like please stop inflating the money
supply please let people save their
money in a way that's advantageous to
them please stop like when you do one of
those things where you show how many
times a single dollar is taxed like when
you buy something uh when you first get
your paycheck it property tax it's just
Jesus man like you end up paying a lot
the average person ends up paying so
much money in taxes it's outrageous and
again you could tell billionaires at
100% and it will not solve the problem
you have to stop deficit spending okay
so
um that's where if I could just get
people to the average person to Bang a
Drum and scream in the streets about
that we would be in a much better
position but instead they're
screaming tax billionaires and it will
not solve their problem we'll get back
to the show in a moment but first if
coffee gives you anxiety and Jitters I
want to tell you about a better way to
get the energy that you crave you need
that morning boost I know a lot of you
do but when coffee leaves you wired
anxious and crashing by 2 p.m. it's not
just uncomfortable it's actually killing
your productivity that's where mud water
comes in it's a coffee alternative that
actually makes sense every single
ingredient is 100% USDA certified
organic and serves a specific purpose no
Jitters no anxiety no afternoon crash
just clean sustained energy that keeps
you focused on what matters and there's
zero sugar nothing nothing artificial
just pure high quality ingredients so if
you're ready to upgrade your energy game
without anxiety here's what to do head
right to mud
wt.com and use code impact to get up to
43% off your entire order plus free
shipping and a free rechargeable frother
again that's
mwr.com impact for up to 43% off and now
back to the show I'm only going to make
you mad please cuz the inflation numbers
came out and it's expected to be 4.3
Peter Shi breaks it down for us let's go
first we got the consumer sentiment
numbers um for February and last month
the January number was
67.8 and the expectation was for a
slight Improvement to 68 instead we went
sharply in the other direction all the
way down to 64.7 that is a Plunge in
consumer confidence in fact the range of
estimates for this number was
a high of 70.1 and a low of
67.8 we came in way below in fact nobody
thought consumer confidence would go
down because 67.8 matched the number we
got last month so everybody thought that
consumers would be more confident they
just disagreed on how much more
confident but instead confidence
collapsed and the main reason was Rising
inflation expectations so for the year
ahead that 2025 consumers are expecting
4.3% inflation that's unchanged from
what they were expecting in January what
went up was their expectations for
longer run inflation inflation over the
next 5 to 10 years consumers now expect
three and a half% inflation in the long
run that is the highest that consumers
have expected for inflation going back
to 1995 so 30 years since consumers have
been this worried about inflation now in
other words they're worried more about
inflation now than they were in 2020 or
2021 or 2022 you have to go all the way
back for 30 years to find a point in
time where Americans were more worried
that long-term inflation was going to be
this High we can stop it there yeah so
4.3 is what we're expecting this year
3.5 over the next few years and next 10
years I think it's from five to 10 years
and the target was supposed to be two
just the level set what expectations was
supposed to also I want to be very clear
this is consumer expectations that
doesn't mean that's actually where it's
at but that tells you I mean wisdom of
the crowd it tells you where people
think this is going so if if that ends
up being true it is beyond devastating
and looking at the real numbers even
though they tried to rejigger everything
and move things around uh it's still I
think right now we're edging up on 3% as
actual reported inflation we'd have to
look that up nobody should trust that
number but it's it's bad it's north of
2.5 uh so yeah and also I'll just remind
everybody no matter what anybody tells
you you do not need inflation at 2% to
keep the economy growing uh 2% inflation
still just ships away at your money I
would like to remind everybody as a PSA
there's a very big difference between
crisis induced deflation and Innovation
Le deflation Innovation Le deflation is
amazing you want it that is the very
thing that the government is stealing
from you through inflation instead of
passing that on to you uh they use it to
spend to deficit spend and they give it
a cool cover story of saying no no no
this about velocity money and they're
not wrong it does make money move it
makes people spend money uh but they're
spending money because they know if they
save money it won't work that is
immoral well somebody's trying to work
on it and that is Ronda santis the
governor of Florida he has proposed
abolishing the property tax alog
together out there he just had a press
conference about it
citizens to hire taxes such as hire
property taxes to pay for these spending
habits and you know these property taxes
it's like you you buy a home you buy
land you maybe you buy the home outright
but maybe you pay off a mortgage over 30
years and then okay you've paid off the
mortgage you bought the land you've been
taxed many times it's like you is it
your property or not just for being on
your property you got to write a check
to the government every year so you're
basically paying rent to the government
to live on your own property and our
homestead exemption is not strong enough
to help these folks because the property
gets ESS so high and that's the thing if
you buy a home for $300,000 and you know
there's certain tax well then what 10
years later they say it's worth 700,000
and so and they say you know there's
Homestead stuff that helps protect you
to a certain extent but you're paying
more and a lot of people can't afford
that so I think that that's a big issue
and I know we're going to be really
looking at ways to bring people relief
from that because I think it's been
really something that's pinching a lot
of homeowners particularly seniors on
fixed income all right how do you feel
about abolishing property taxes I
actually don't know I don't know that I
like it as a concept for the reasons
that I just laid out because I think for
the average person person if they could
get on the property ladder so you have
to solve that problem before I get too
excited about this but assuming that you
can get people onto the property ladder
and then you actually let them own that
home so that they're not constantly
renting it back from the government it
sounds amazing I just don't know I don't
know enough about how Florida or um
anybody is generating taxes to know that
oh yeah you can abolish that and there's
not going to be these huge consequences
there are always second and third order
consequences but at the high level in
terms of how things connect the fewer
things you need to charge people for um
with tax the fewer things you need to
tax people to cover the better off you
are so the lighter you can make the tax
burden for the average person the better
off the average person is going to be um
but again I'm not a zero government guy
uh I want to see people getting the
infrastructure uh there should be a
reasonable social safety net things like
that I think are very important so I
need to see a balanced budget I need to
understand what that money's going
towards I need to see where they're
going to um either cut the budget or if
they were building a surplus sure this
would be a great way um but it is a
complicated picture and I don't just
want a kneejerk all the time like less
less less uh as a guiding principle it's
a good way to steer but people really do
need to look at the whole picture before
just guns blazing yes to all tax breaks
um but that really is me just
understanding I'm at the edge of my
knowledge not me saying that oh yeah
like uh I'm sure they're spending that
money wisely they're not I'm sure sure
they're spending that money terribly um
and that's why as a a sort of default
Guiding Light I'm like yeah reduce taxes
because I want to see them be more
efficient but you do need to push into
that zone of okay how are we actually
spending money which is why I'm driven
absolutely mad by people being up in
arms about the government being audited
if people were arguing about the method
in which the audit was happening I'd be
for it but they're not man like uh
you've got the postal service and I get
it everybody's incentivized to keep
their job you've got the Postal Service
saying we don't want you to come in here
and make it more efficient yikes uh
you've got everybody freaking out saying
that they're worried about uh Elon
having access to their social security
number heard Elon make a joke that I
thought was hilarious which is like yeah
I'm trying to steal your money so I can
finally buy nice things and I was like
Jesus Christ this is the richest man of
the world uh so if you're like hey I
need more transparency I need to
understand how exactly you guys are
auditing it I want to be able to do it
for myself and people were like banging
the drum and saying these Audits and all
of this expenditure needs to be put onto
uh the blockchain so that anybody can go
in and audit it and if you want to
create a line item that says this is for
National Security uh you know we're
blanking it out cool and then if we want
to have beef with how often things are
redacted great but getting that level of
transparency I would understand people
clamoring for that but that's not what
people are clamoring for they get in the
super tribal zone of uh rich or evil in
fact God there was somebody oh this is
another one that I didn't think was
going to stick to my ribs uh somebody
somebody somewhere relatively wellknown
on X was saying that there's only five
ways to become a billionaire and all of
them were like fraud scams like stuff
like that like Jesus Christ man like you
become a billionaire by creating
something of value you of course can
scam your way to money of course you can
but that would be like the worst path to
make it build something of value it's
it's as old as time like hey here's one
that'll really light people up but it's
a great [ __ ] story um I forget which
gun maker was but there was a gun maker
that was about to go bankrupt but there
was a guy in the Texas Rangers who's
like no no no this guy has a like killer
gun that he's selling out of his like
covered wagon I'm not kidding and uh
they went they Ed it they're like holy
hell this is the greatest thing ever and
that guy ends up becoming one of the
wealthiest people in the world because
he makes a better weapon now you can
hate that this is a power struggle but
life is a power struggle and uh the fact
that he was able to go from like yo I'm
about to go broke selling these weapons
out of the back of my covered wagon ends
up changing the course of American
History say what you will but uh we were
at war with Mexico with uh Native
Americans and that allowed them to get
the upper hand and create the America
that we know I am well aware of how
controversial that whole string of ideas
is uh but building something of value is
incredibly consequential and can change
the direction of things cue the people
freaking out that it's guns um but
building something of value is the the
shest path to wealth creation that's
amazing cuz I literally just had that
conversation recently with some friends
and there was the the the general
consensus was there is no ethical
billionaire period full stop and what is
I'm curious your response to that
because a lot of times people do
oversimplify it to like oh they must
have did this they must have exp or what
was one of the terms I was used is to to
be a billionaire you have to exploit
labor in some way and that's why there's
no ethical billionaire that was kind of
like the takeaway well so now you're
getting into imagine me I'm walking
around a facility so for people that
don't know me I built a billion dollar
company that did not make me a
billionaire you think you need only
think taxes plus I had Partners
investors blah blah blah anyway made a
lot of money but imagine me walking
around a facility where I have 3,000
employees and they're you know making
different wages but you've got a minimum
wage line worker and they are a part of
me building this company which I'm
getting all the equity I'm able to sell
future value for the company and there
are people that are going to look at
that and say that's not ethical and I
will say go start a company and then
come back and talk to me about ethical
because what ends up happening is you're
taking all of the risk that person could
quit they could leave they could go get
another job my house was on the line so
there was a period where I was worth
hundreds of millions of dollars on paper
and I was driving a beat up Ford Focus
with a leaky exhaust and just in between
my wife and I we had one car and you
make all these sacrifices you work
insane hours most people are not going
to be willing to match my hours and I
was was able to pull it off in an
environment where my competitors were
trying to take me out and that's where
it's easy to sit on the sidelines and
say like oh man these guys are unethical
not being in the mix not knowing what
that takes not knowing that you're
risking everything and are way more
likely to lose than you are to win and
so the question becomes did I treat them
well did I pay them well for the role
meaning if that person quit would I be
able to find somebody else that would
take that job like fast and if the
answer is yes and people people are
happy to work there and they feel
respected and they understand how their
contributions matter to the company then
it's like yeah th this is good up and
down because there is a reality to be
faced about not every job is meant to
feed a family of four and Thomas Soul
writes about this very well which is
what actually happens Now not keeping
Pace with inflation we have a real
problem with that but we all know my
thoughts on that uh but the reason that
you don't want to Jack minimum wage up
too high is it makes it impossible for
people to get an entry-level job
especially now in the age of AI and
Robotics if you jack up minimum wage you
think you're going to open this Avenue
for more people to get better paying
jobs but the reality is people are just
going to [ __ ] replace those jobs with
robots and so that is what's going to
happen and then you can say okay fine
tax the robots great but that doesn't
help the person that wants meaning and
purpose out of their job that wants a
job to get on the ladder to learn
something to move up so it's this is all
so complicated now to me this is about
respect it's about paying a wage that
makes sense for that role it is not
saying every job in my company is going
to be able to feed a family of four it
just you can't make it make sense so you
will immediately start going okay well
I'm going to have to eliminate that
position because I can't afford to pay
$21 or whatever people want to bump it
up to uh it's a math equation it's a
math equation but this is where people
do not understand Equity versus um like
actual dollars and cents in your bank
account now when it comes to things like
well you've got a company posting record
profits in a time where people are going
hungry then I get why people would look
to a company be like are you being
ethical In This Moment now I don't think
companies should be forced to be ethical
that's an interesting statement that
probably needs to they are they should
be forced to be legal and you should
build laws that protect the totality but
take for instance um when PPP loans I
think that's what they were called came
out we didn't take them and the reason
we didn't take them was because it
didn't sit right with me ethically cuz I
was like I can afford to pay my workers
through this covid when it was going off
and I just had no idea where this was
all going and so we said look we will
continue to employ you guys as long as
we can I can't see the future I don't
know what's going to happen here uh but
I don't think companies should have been
mandated not to do that but I was like
I'm because I can personally do this I
don't want to dip into taxpayer money um
man there is an argument to be made that
I'm a [ __ ] [ __ ] that what like if I
was a public company I would actually
understand shareholders freaking out
that I did
that if I were even if I wasn't backing
it personally that I was taking it like
if we had saved up a war chest that
you're hold on you're taking that out of
the company coffers when you could be
getting it from the government this is
crazy um so this is one where not
everybody is going to agree on what is
the moral thing to do which is precisely
why people should not be forced to do
things that is sort of out in ether
about what people think is right
um so man this stuff gets very murky
very
fast you ready to put on your uh
aluminum foil cap let's go I like a
conspiracy cor it's it's been a minute
all right diving into the FBI has been
accused of deleting Epstein files
apparently everybody said when cash got
uh when cash got confirmed within 24
hours the files will be released he's
been confirmed and now we have reports
that they're being deleted yeah it's
been kind of rumors it's been unofficial
it's a whistleblower who's kind of been
pulling the strings we haven't got an
official news article to pick it up yet
so we're still experiencing it and
that's why it's in a conspiracy corner
but I mean here's what here's what x has
summarized from all the tweets a
whistleblower has alleged that the FBI
is permanently deleting records related
to Jeffrey Epstein this claim has
sparked significant social media
attention and demands for transparency
from public figures the FBI has yet to
officially respond to these these
allegations and there is an ongoing push
led by representative anapolina Luna for
the declassification of these and other
Federal Secrets dude this is one I think
you have a different take so it'll be
very interesting to hear yours but I
don't think the Epstein the unredacted
Epstein files will ever come out not not
until everyone involved is dead there's
no way dude okay so if if Epstein was
some sort of governmental plant ours or
otherwise designed to leverage the fact
effective this is going to be like 99%
men uh to trap powerful men into um
having sex I mean this is like the P
didy thing all over you film them you
get something over them you get them to
do this to be a part of the club
whatever Plus that I'm sure a lot of
them just were excited to do it
uh you you could have some of the most
powerful figures today like be on that
list and then and I don't know videos
exist man I don't know if they were ever
taken if they exist I don't know this is
me in conspiracy corner with my tinfoil
hat
but they're just not going to let it
happen dude like look they got wait they
turned the [ __ ] cameras off and choke
that man to
death again conspiracy corner but like
come on the cameras went off definely
don't think he committed suicide uh but
that that's my take on the Epstein list
is that I think think they're going to
release it and everybody's going to be
on it and everybody's going to have the
same excuse well I went to the banquet
and I left before all the pedophile
stuff happened it's it's the same like I
was invited to the party and that's why
I was in this list serve but I have
nothing to do with that other stuff and
it's it's going to be a other ring of it
and if I'm Trump I'm definitely looking
at these files before they release if me
or my family's on there I'm definitely
scratching it out so I can understand
why there's this Delay from like oh yeah
we got it but y'all don't have it yet
we'll get it to you there but at that
Point there's going to be enough people
redacted and then the people included is
going to seem kind of like politically
slanted and I don't that's why it's
going to be like a nothing thing and you
we talked about during the live and you
said like if the Diddy list equivalent
was out technically you would be on it
not technically I would be on it which
is crazy so I have been to a diddy party
I went to his 50th birthday party I
never met him no uh baby oil was handed
out uh but yeah it would look I mean it
sounds terrible there was a minute where
like that was like one of my cool
stories where I was like oh I was at
Diddy's 50th birthday party uh and then
all [ __ ] hell broke loose and now it
just sounds crazy uh so yes I feel it's
going to be the same thing there's be
whole bunch of people that like hey I
was outside in the Gazebo I had nothing
to do with the other stuff I was just
you know you're probably right I don't
know I don't know why this one bothers
me it's it's
too crazy what can happen in broad
daylight humans are a trip it's always
sex man it's always sex like if you
really want to [ __ ] somebody up that's
where you get
them in the sex it's crazy we'll see
we'll see what happens cash come on
let's go let's get them files yeah
fingers crossed we'll see I I'm I'm not
high conviction that it's going to be
what what we think it's going to be uh
okay for for this one I don't even have
it on the list we're still this is kind
of the developing story we're getting it
directly from Brian Johnson um that the
NY the New York Times is like planning a
hit piece on him yeah so they reached
out to him for a fact check so if you
don't know who Brian Johnson is he is
the head of a movement uh called don't
die so if you really want to wind people
up start messing with that this is like
me and AI I'm sure there's going to be
uh a thing where people don't love
hearing me talk about this all the time
but uh don't die is Brian Johnson's
attempt to use advancements and
Technology um the things that we know
about testing the human body and seeing
what he responds to he's the most
measured man in history and he's trying
to put a lifestyle protocol together for
people to literally not die meaning he's
trying to buy people enough time for AI
to make significant enough advances that
will be able to uh indefinitely extend
the human life uh span
so it's easy to make him sound crazy
that's the thing about anything like
this it's so new it sounds so radical
and so weird uh that of course people
are going to lean into this and try to
take him down at every turn my advice to
Brian who's been on the show three times
Brian I love you to death and you know
this um just keep your head down just
keep doing your work don't worry about
it people are going to freak out they're
going to say what they're going to say
just keep plowing ahead if he delivers
results it's all that's going to matter
you don't this is like if you're in the
business of sex or you're in the
business of longevity or beauty bro
you're good like if your stuff works uh
people are going to use it for ever and
ever and ever and ever you will always
have a Marketplace if you can make
somebody look young or live healthier
longer especially if it comes in like a
pill
format he he gives kinds of a four-point
breakdown on why he thinks this is
happening to him first off number one
the New York Times wants a sensational
story clicks equals money the journalist
wants to take down quote unquote another
Target three his ex is chasing clout by
recycling allegations that have already
been rejected in two legal forums and
number four don't die is growing fast
threatening status quo power this makes
me a
Target that all sounds pretty bang on I
don't know about the X thing but uh yeah
all of those things are in keeping with
what I know about the human mind yeah so
we'll develop there's a developing story
we'll see where it goes from here um in
other interesting I don't want to call
it weird I'm just still trying to figure
it out there was a Wisconsin board
meeting that took place and they were
trying to change familiar terms to
different different
items yeah I don't get this one so the
West Wisconsin budget recommendation had
for 25 to 27 this was their proposal
word previously used wife or husband was
going to be changed to spouse words
previously used for mother was going to
be changed to inseminated person the
word previously used for paternity will
be changed to patronage the word
previously used for father will be
changed to Natural parent which doesn't
make sense when it goes to the mother
part but I'll let that go and where
previously used for man or woman is
changed to
person bro can you imagine saying to
your mother inseminated person that is
so wacky so they were talking about
because I was really trying to steal man
on the other side of this cuz listen uh
I try never to lead with oh I'm right
and I see the world in the right
way uh but I can't get this one to make
sense so when asked I forget who it was
in the with wiconsin legislature let's
say the governor maybe uh and they said
we are trying to make sure that I think
they said moms are protected under the
law and so then I was like okay well I
kind of get what they're saying because
you don't want to have to go back and
rewrite the bills and I was like wait a
second you're the one changing the words
you would have to go back and rewrite
the bill to say instead of mother to say
inseminated person so this is like just
yeah building those protections right
there okay the very first time that I
fractal on this when I was talking to
Constantin kissen admittedly I was just
beginning to put my ideas together on
this uh So my answer was all over the
place but as far as I can tell this is
exactly what's
happening trans people do not like the
category they're not a monolith they all
many of them feel very differently on
mass and the thing that people are
responding to when they do stuff like
this is some meaningful percentage of
the trans
Community uh does not like the category
of trans and that's where I cannot
capture why so I get not wanting people
to be mean to you I get not wanting
there to be violence I get wanting to
young people to feel accepted and loved
that that's all rad and one of my
closest friends is transgender uh at the
same time like I was saying during the
live that I will eventually do trt
testosterone replacement therapy and at
that point it will be almost certainly
easier for me to put on muscle which
means that I will probably start getting
a uh more robust physique and at that
point I'm going to be like this body
brought to you by trt like that won't be
weird for me to now be I'm in another
category there's an asterisk by my name
uh call it whatever you want like you
put it in a a known category with a
known name I literally don't care uh so
I would care if people were yelling and
screaming at me in the street because I
was using trt that would be a problem uh
if people were saying oh Tom is immoral
because he's using trt I would get
that's a problem but I wouldn't
understand people saying that yeah but
you got your body with trt and so it's
different yeah this is accurate Can you
capture the sentiment I just feel like
you just like gave me a hot potato at
the end of like I don't want to hold
this I'm the producer he's he's the
rapper yeah um fair enough I can't
square that Circle I think and not to
play like the oppression Olympics or try
to compare like experiences everybody's
different but is it they don't want to
be othered CU if you are a man and then
a woman and then a trans man or woman
you're not a quote unquote real woman or
not a quote unquote real man so that's
why having that separate category might
feel like a exclusion whereas if every
person is an intimidated person then it
kind of creates that cycle of
inclusivity at the same time I'm trying
to transport into a different sexuality
and a different mindset and try to
understand what they're going through
I'm terrible at doing that so that's
just my gut is like they want to be as
inclusionary as possible and I feel like
the man woman thing is not has not
gained traction and there are people who
don't want to a trans man to be called a
man there's people who don't want a
transom to be called a woman so then
they have to create this unifying
category that would just say okay
everybody who has a uterus and is giving
birth to a child is called called this
thing and everybody who presents this
but again um yeah I think you're right I
that makes sense as the angle it just
doesn't make sense that we would go to
these ridiculous gyration to call mother
inseminated person like linguistically
it's just dumb uh so you either got to
come up with better names or accept that
this this one is not going to catch I
can't I can't see this one catching I I
can't see this one catching um we'll see
though Wisconsin in that came up in the
budget uh recommendation and I brought
up the stat during the live that like
hey guys like 47 75% depending on what
stat and what survey you pull like
Americans are living paycheck to
paycheck and we're trying to police how
people talk and how people want to be
referred to I think we need to start
thinking about how we can economically
Empower people how people can start
having I feel like if I have a
two-bedroom house and I have a front
yard in a backyard and I don't struggle
to pay my bills I might be a little bit
less mad if you call me the wrong
pronoun but I think if you are over
legislating trying to
decide what I called but my life still
sucks for the other 95% I don't know if
this moral Victory is what our priority
should be but again I hear that I'm
gonna mind my
business speaking of people who is
trying to mind their business Vladimir
zalinsky whoa we sure we're going to
give him that on Sunday he came out and
said hey guys if peace is going to if
peace Is What It Takes I will step down
I will retire I either want one piece or
two Ukraine to be guaranteed NATO uh
membership
that was taken with that was on the
backs of trump saying that he's a
dictator he only has 4% um support in
the region Ukraine themselves the
Ukrainian Parliament just reaffirmed
zalinski to continue as their leader
suspending the elections for another few
years I'm not sure exactly when but
there's been this temporary resolution
that until the war is resolved they will
not have a change in leadership and they
continued to they decided to extend that
uh that ad just like threw me off they
had decided to extend that um resolution
so I think Trump might have got this one
wrong saying that the Ukrainian people
are turning against zinsky I guess I get
he wants to end the war I get he wants
it to come they don't want anybody else
to die but the Ukrainian people are
definitely rocking with zalinski were
still in his corner he had 268
Parliament members present on Tuesday
and they voted unanimously so it wasn't
a split decision um what's your take on
this overwhelming support to Ukraine
versus what Trump and Putin are saying
in uh you have to understand man is
political animal so Trump is going to
say whatever he needs to say in order to
get what he wants and so there's two
different games being played game number
one is you don't go to zalinsky if
you're trying to get peace you go to
Putin you go to Europe you negotiate
with the powers that can actually swing
this thing because if zinsky doesn't
have the funding doesn't have the
weapons he's not going to be able to
continue fighting so that's a non-
entity if Russia stops then Ukraine will
immediately stop if Russia keeps going
then Ukraine will want to keep going but
they may not be able to so uh there is
no leverage with zilinsky now I