Episode Transcript
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Speaker 1 (00:00):
Hello the Internet, and welcome to season seventy seven, Episode
two of Daily s Night guyst podcast. We take a
deep dive into America's share consciousness and say, officially off
the top cook industries. It's Tuesday, April nine, two thousand nine. Team,
my name is Jack O'Brien a K. You can stand
me up at the O'Brian well, I won't jack down.
(00:25):
I won't jack day, Lisa gust there ain't no easy
gray out. All right, that's plenty of that swing and
I'm thrilled to be joined as always. Buy my cost
Mr Miles Gray your MOUs side day and on your
(00:48):
mouth bread whenever you reach for me, I'll hot take
all that, kay, And what glad is okay? Anyway? So
thank you to at uh Anti Linguist m D for
(01:10):
that Selene beyond the greatest singer in the world, the
great discern for that one. My concert last week and
I missed it. Oh really yeah at the Ace, Yeah,
because damn that's a pretty intimate environment. Yeah, I think
it was the Ace whatever that don't they have a
theater there? Intimate venue for one Selene one of the
(01:30):
greatest singer in the world, in the world take a canoe,
go to them. If it's again. If you haven't seen
Celine Diona talking about Hurricane Katrina, do yourself a favorite.
Look up YouTube clips. I say, YouTube clue what. We
are thrilled to be joined in our third seat by
the hilarious comedian and podcast host Sophia Alexandra Welcome. I
(01:56):
wanted to make sure that you had a chance. It
seemed like you were gonna comment on how good my
singing was. Yeah, I was just going to say, I've
never heard you really break down and it was really something.
Oh even before the show when he was stopping. Yes,
And I also was gonna say, it's probably cause you're
wearing a V neck today. Yeah, and usually you're real
buttoned up. Last time I got business Jack Jack, he
(02:21):
falsetto I don't even know. You don't even know like
deep V neck Jack is capable used to rock. I
have to just for someone who have actually made the
terrible mistake of rocking deep V in two thousand and
six seven, like trying to get down to the navel
because Americana had that ship. And I'm not saying that
there isn't a deeper V, but when you can see
(02:43):
like an inch and a half of chest hair. That's
a deep V. That's also I have high chest hair,
like an inch under your shoulders. I have a very
weird body on your hair. I was love the fan
art of Jack's body discussion, chest hair, shoulder nipples, and
(03:07):
just sweat. It's also a great color of DEEV for
my sweat stains that come through, So look out for
the picture on Insta. What do you think of the
deep thirst trapping out let people live their lives. They're like,
did you shake? Did you hang? That? Hurt? Never mind?
(03:27):
I sucked the whole jokes. I'll go back tomorrow. It'll
be It'll still be good to write that one out.
I'm coming off the cuff. I have a question, though,
deep VS. What do you think when you see somebody
in the Year of Our Lord two thousand nineteen rubbing
the deep as s V that isn't all muscle bound?
I for sure thing that you're like a fun boy. Yeah,
(03:48):
like like art that ran for me. There No, no, no, Miles,
you're not that deep talking. I'll show you when we
get off Mike. I have you know I used to
rock the American apparel fucking deep V. I could kind
of picture that, and also I could picture you're in
tank tops. Were you ever big into tank tops? No? No,
(04:10):
I feel like that's the stage you're gonna get into.
Oh yeah, yeah, what's this summer? Summer nineteen is tank
top season? Tank top miles. Watch for that on Insta.
We're going to get to know you a little bit
better in a moment, Sophia. But first we're going to
tell our listeners a couple of the things we're going
to talk about today. Uh, We're gonna talk about something
(04:32):
that is in the news today, the rude robo call
I got earlier from No don't know it's happening. Yeah,
the show is becoming your soapbox, my place to complain
about kids these days. That he is a little too deep, right,
he's just getting too loose here. The next story's I'm
(04:52):
talking about, He's like Eric Merchant loser. I don't know.
Next up, my neighbor. Uh No, all right, we're gonna
talk about m m T, which is a acronym for
modern monetary theory. Maybe say that was such confident. Now
(05:15):
I'm an expert on it, so I'm gonna explain it
to you. We're gonna talk about Herman Kine. Yes, that
Herman Caine. We're gonna talk about right Stag Barbie going away,
uh and Dunning Krueger Effect, which is one of our
favorite topics here on dir Daily Cause. But first, Sophie,
we like to ask our guess, what is something from
(05:36):
your search history that is revealing about who you are? Well?
I just was searching Alvin Ailey because I want to
see Alvanley Dance Company with my mom this weekend. So
I was just like reading up on it and looking
at cool pictures. Do yourself a favor. Next time they're
in town, Um, you should go see them. Alvin Eley
is like this black choreographer that started the Alvanly Dance
(05:58):
Company that's like primarily black, and they do incredible work.
They're like I see dance all the time and they're
like the best. And every time they come to town,
I'm like, oh my god, so y I go into
like crazy Google mode, So, um, what did you say
or rather the dancing. Yeah, he's no, he's not the
choreograph anymore, but they still do some of the pieces,
(06:20):
like they do revelations every time they come, which is
like really beautiful. Um, and favorite book of the Bible.
I mean, yeah, I stand hard for revelations. And then
they did other stuff that's like that was like new
from the last time I saw them. It's just like pieces.
So this is regularly said the last time, so you
go every year. Oh nice, this is like now at
(06:43):
least five years ago, were you dancer? I did? Okay, okay,
that makes sense, not nearly, as I was very average
at it, Like what are we talking here? Like I
did ballet forever and I was like solidly average at it.
And then I was trying to figure out the other day.
I was like, wow, was I so into like going
and doing something that I knew I was not good
at because I didn't do that with anything else. If
(07:04):
I was bad at something, I was like, funk this right?
But then I realized it was because I'm by and
that was the place where I saw all these other
girls and they leotards, and I was like, of course,
my ego that happened. I'm like, yeah, I will put
my ego side to see some titties. I will do that.
(07:24):
You know, I'm a very big person. You have that right,
my Oh that's right? Okay, yep, that phrase from somewhere.
It is huge, impressing, committed. What is something you think
is overrated? Coachella? M WHOA right, No one else has
(07:46):
ever said that. But the reason I brought that up
is because I would rather uplift something which I think
is better Couchella. To my friend Dave Rankin, who is
a comic who has been who's done a podcast Private
Parts and Down, Okay, he does this thing every year
where he'll turn on the live feed from Coachella and
(08:07):
he'll have like a different room of his house or
his apartment playing different uh stages. So then you just
like get high and drunk and hang out and eat
with your friends and dance in the living room, going
room to room. Got you, I thought you were Yeah,
for a second, I think you said Cowella and I
was like, but yeah, Colchella. I've done that a few times. Yeah,
(08:29):
and yeah, so fun. It's a It's actually I like
that he respects the different stages in his different rooms. Normally,
I'm just on the YouTube thing because it's always used
on YouTube. Yeah, yeah, that's what it is. I'm like,
they're on let's see what's up. Then I like watch
two seconds and I get all mad because I'm not there,
because I like, you know, when you see live shows,
sometimes bands will really do longer versions of songs and
(08:51):
that's like the cool part of like seeing a band live.
And that's like usually when my phone more kicks and
I'm like, oh, they're doing a version I'm not heard, Like,
have you heard the seventeen minute long version of Tripping
Billie's that Dave Matthews does? My mind? That's my Yeah,
that's just the Firedancer. There's one. There's an eight minute
(09:13):
drum solo and so much to say. Another day of
great Dave Matthews track in the Live at Red Rocks
one that's amazing. No the gor Wait, so what did
you say. You didn't say cow Cella. You said, yeah,
that sounds fun. I thought you were talking about stage coach.
(09:33):
The country you're both right, is a stagecoach, and the
performers are all bovines. An amazing very hard to get
booked on, Yeah, very very hard. Unless you're shooting a story.
You have to turn Beyonce down because she's clearly not
a bovine, right, Yeah, you can't break any rules, so
launch I read that she just had to cancel her Coachella.
(09:55):
Yeah performance, Yeah, because like some production elements weren't coming
together in time. Oh ship which damp coach Ella sucks
because that new album is really good. Yeah what I
being my favorite wanted her so far? Yo? Yeah? I
mean that she just gets better and better. And for
someone who has to live in the most gigantic shadow
ever way to keep your head on, it'd be like, yeah,
(10:17):
I don't want to get to share this world with you.
I'll just go live somewhere. She's pushing through. She's a
testament to the creative spirit seriously and not living comparatively.
You know what I mean, because I think that's the
trap anyone would fall into when your sisters. Maybe the
song I'm a Survivor is really based on Solange's experience.
Do you think she ghost wrote it for her? Beyonce
(10:37):
wrote it for her? And not get too down there,
just like, listen to this when you get down She's like,
can I be in the video? I made this cool
cameo outfigured off that Camel's actually our mom made those
and she only made three. Is there an equivalent where
like somebody's sibling. I mean, like Janet Jackson kind of
(10:59):
when I remember that was kind of strange when she
started coming up and the head like that really dope
artistic period and the you know, late eighties earlier in
the nation, you know, how to do anything. Who else
the Right Brothers, you know how we were always like
that one is super, the other one's trash. Always can't
talking about it. We canceled Orville, right, I think the
(11:23):
pet Boys, Yeah, the Bush Brothers. Everyone was like Jeb
the Powerhouse, the bush Whackers, right, the w WF wrestling
tag team. Um, all right, and this is drifted into nonsense,
but yeah, I'm trying to think of anybody. Yeah, it's
usually kids to like, kids of athletes, I think really
(11:43):
have a tough time, like the siblings when I think
they like you already naturally grow up with that rivalry
that you might be able to turn that into like
a healthy thing. But I like, you know, sons like
Michael Jordan's son, it was like trying to play basketball.
I don't like the same name, and like you shouldn't
even like I get I get it. Yeah you look
up and you're like, oh, I could probably best coach
in the world, but no, not really. Yeah, this would
(12:05):
be like if his brother Larry Jordan's like came into
the league and started like bawling and like playing like
a really artistically beautiful but less dominant form That would
be don't want to see that form of as Larry
Jordan's like six maybe yeah puts like lifts and issues
(12:29):
and seven she's always in a hummer, never gets down
off of it. He's like, I'm very tall. I would
come down, but it's better. I'm just gonna stay up here.
What does a myth? What's something people think is true
you know to be false? We just come up with
what's that show? Oh yeah, yeah, okay, cool. A myth
(12:51):
is is that a show called Married at First Sight
is not good, but guess what it is? Good? A
new garbage TV show? And two weeks ago I said,
I'm trying to watch less garbage TV show, but I've
learned to sort of categorize the garbage I watched, Like,
if it's too much like a grow like screaming, I'll
(13:12):
cut that sh it out. No, I don't watch anything
if it's a mess, bed for the soul. If it's
a mess, though, that just looking to be like, yeah,
this is a delightful, delicious mess. Yeah that I'm all
on board. So it just wrapped its last season and
they're about to do the reunion show. What is the
show exactly? It's people are They are these like people
who are forced into marriage and then they're like y'all
(13:33):
trying to get married or so it's like they screen
all these people who like apply to the marriage, and
by they, I mean a panel of experts snatch and
they really a panel of experts, are a panel of
reality TV. It's people like that would be whole yeah,
(13:53):
just being like, I don't know, they look cute together.
I can picture them kissing, but it is first year
psychologists and stuff like that. And then they match two
people together and then the two people don't see each
other until literally the wedding day when like she walks
down the aisle and that's the first time they see
(14:14):
each other. And then they get married, and then they
have like three months to figure out if they want
to stay together or get a divorce, and they tell
to each other's face whether they're going to stay together
get a divorce in front of everybody on camera, to
one goes first and the other one goes second, and
(14:34):
you can kind of see on the face is it
like an envelope or something to make it no envelope,
it's worse. They just look in your eyes and they're like,
I want to get after everything that you've been through, Miles,
I want to get a divorce together. Yeah, sometimes that happens.
You're not allowed to change your vote. You can't change
(14:55):
your vote. But sometimes they'll show footage after where they're
like sitting around and they're like like what They're talking
to each other and they're like, what do you think
or whatever, like no, I still want a divorce. Sorry, cool,
But like I can't imagine that somebody would willingly after
somebody was like I want to divorce, you'd be like,
oh I wanted Yes, some people, yeah really hopeful. Yeah
(15:20):
that So what is the what is the alcohol consumption
below the surface of this show? Um? Well, actually, uh,
what I loved is the most messy, ridiculous couple from
this past season. He kept accusing her of drinking too much,
and she's like, you told me after you kissed me
that you wanted you felt dead inside and that you
(15:42):
were disgusted. She's like, yeah, my drinking is kind of
taking it up. And then after that he it turned
out that they had been having sex this whole time,
but in secret because he wouldn't let her tell anybody.
Oh yeah, and she was like, I don't know, maybe
Luke is the one, and I'm like, no's not the one.
(16:05):
But in the end she did not choose him. Good good.
I do feel like that is the unwritten subtext of
most reality shows is like everybody is drunk. Yeah, who's drinking?
And why is that person getting like drunk over the
course of right, This isn't that kind of show. It's
just because it's over time. Yeah, it's a little more scientific.
It's also enough of a pressure cooker on its own.
(16:27):
You're just living with a stranger on camera, right. And
then the people that they give you to talk to her,
like a psychologist and I think, what like a priest or,
like a spiritual advisor they call him and what um, yeah,
no it's not her, but it's a dude who's really nice.
(16:49):
All Right, I'm chacking that out because you've got more
trashed to put on the pile. Alright. Well, I'm glad
we have debunked that myth. Everybody, your worldview has been ed. Uh.
I got a robot call today, guys, and I also
listened to an episode of reply All last night that
was about robot calls. They're not robot calls. I guess
(17:10):
it's just like spam calls. Uh. So I wanted to
talk about this what happened exactly that you you just
came in you like, we got to talk about you,
like I wanted to talk about it before. And then
I got this call, which I normally would have screened,
but I picked it up because I was like, let's see, like,
maybe this will provide some additional data. You were inspired
(17:31):
by the podcast actually entertained this call. And so today
I said, hey, guys, I've told you that I've like
I want to be put on a list that like
says no call or like taken off the list or whatever.
And he said, I thought, I told you to shut
your mouth, bitch, And then what have I got that
(17:57):
I do too? I like looked at it. I started
like googling because they said they're from the home Center
or something, Yeah, the Home Center. And I immediately started googling,
not because I wanted to get him in trouble, but
because I wanted to talk to him father and be like, Yo,
that is amazing. That is so funny. Yeah, maybe you
(18:19):
should call back and be like I was actually being
helped by someone. Maybe you can check the lobs see
it was that called me. Yeah, like, I'm actually interested,
but I only want to talk to that guy. I mean,
I get him man working the call centers fucking terrible,
Like I tried it for a second. It's not good,
but it's funny that you were so sweet, actually trying
to be nice. And he's like I thought, I told yes,
(18:41):
I could use a nice, warm glass to shut the
hell up. He thought he was gonna nag me into
being like, okay, fine, now that you showed me a
sposs I am okay, fine, here's my credit card. And
I guess I could take the existing solar panels off
my house and put new ones. But do you guys
have do you get the spam calls that are like
(19:02):
from the same person over and over the same entity?
Oh yeah, I have the same Never make it far
enough to know who they are. I just hang up
immediately and block that. When I get scam likely shows up.
I'm sorry, rejected off off the rip right if the
part they get me is when they do it in
your native area code and then I started thinking, oh,
(19:23):
it's someone in the valley, all right, let me and
then somebody's like, uh, hi, are you the homeowner? And
I'm like off, I literally go fuck off and just
hang up. But I'm sure like when you're dealing with
that a you're probably being paid shit, and then you're
dealing with not people as polite as Jack, being like,
I believe I'm on side of the list. Probably people
(19:43):
being like, don't call me, find you work on commission?
Yeah right, yeah, probably when you're not making any money
or not. Probably when you're not making money, you're like
so angry. And then Jack was maybe his last chance
for it to make money that night. So it was like,
so in a way, we should we should put a
go fund me together for this man. I think we
(20:05):
should all find him befriend him. I think they're like
keeping me on the list as like a prank or something,
because every time I say the same thing, and I
so I went and like did research on what you're
supposed to do, and they're like, don't immediately hang up,
don't engage with the telemarketer in any way, which big
mistake I've been being like, I'm like on the fence
(20:27):
about this product. Are on the fence about right now.
I just said, I don't want to be don't get
irrationally angry, don't give up big conversation and hang up
because they'll be like, oh, I believe we were disconnected.
And they said, the only thing you can do is
please put me on your do not call list? And
can you put me on your do not call list?
(20:47):
Or don't say can you put me on your do
not call list? Or I don't want to get these calls,
which maybe I need to say those specific words please
put me on your do not call list. Those are
like the magic words that are supposed to legally like
get you blocked from their list. But I have a
feeling that they are willfully fucking with me because like
(21:09):
I've I've made my intent very clear, like I would
really appreciate it if you put me on the do
not call list, and they're just like getting more aggro.
They're like, don't ask us nicely. They start calling you
at three in the morning with super Jack, would you
wake up a little bach? Super producer Nick Stuff was
saying that he had a telemarketing call that like halfway through,
(21:34):
the guys started like imitating his accent like started like
mocking him basically, so through the mic you did not
hear it. But super producer next said he was started
speaking Spanish to the person on the call. Uh, and
then the person started making fun of his Spanish, which,
by the way, I totally deserved. Yeah, Nick trying to
(21:54):
pull up with his Spanish skills. I mean, come on,
don't He's like, Yo, this is not what that call
is when Nick. When Nick speaks Spanish, he speaks in
the exact same voice as the guy from the Spanish
language tapes. There was this joke, man, this is a
(22:18):
joke for like three people who went to high school
with But there was this the Spanish language CD in
class used to skip. So it would be like shout
out to Danny and bend for the sounds like a remix. Man,
if you did not shout remix when that should happened,
(22:39):
they were not a teenager hit him with the horn,
real remix. Uh wow, double bomb dropped, committed to it.
All right, We're gonna take a quick break, we'll be
right back, and we're back, and we're gonna talk about
(23:07):
something called modern monetary theory right now, which I didn't
know about prior to today, and I think that is
an indicator of me not paying enough attention to economics.
But yeah, so the idea m m T is sort
of this macro economic theory that that has proponents that
(23:28):
it's like a weird cross section. It's like AOC Bernie
and then a lot of like bankers on Wall Street
and like economic theorists, like really like advanced economic theorists
all stand for this theory. And the idea is basically,
the government can spend more than we think and that
death Like the idea that deficits lead to runaway inflation
(23:52):
is like it happens if you have an unhealthy economy.
But if every dollar you spend is going into making
your entry a better place to like work and produce wealth, thing,
you should spend that dollar. Basically, I think I'm getting
that right. Um So, basically, instead of there being like
a balanced ledger that we should all be aiming for
(24:14):
when the government is spending money on like government programs,
and one of the things that they advocate for is
full employment, Like everybody who is capable of employment is
like has a job essentially, and so the government should
invest until that happens. A lot of economic theorists like,
(24:34):
look at it, like, Okay, well we have to have
a balanced ledger, Like, like the government is a household,
and so the amount of tax dollars we take in
has to equal out to the amount of dollars that's
being spent by the government. And MMT advocates basically say, no,
it's actually the amount of money we spend just can't
lead to runaway inflation. So like just keep an eye
(24:56):
on inflation, and that's the only thing you need to Like,
the idea that there's like needs to be a balanced
ledger kind of fundamentally misunderstands what like how government works. Yeah,
because like the government is not a economic entity. Like
the government prints its own money. That's a fundamental difference.
They can print more money if they want to, And
(25:18):
the only thing that should stop them from printing more
money is if they are worried about inflation. But otherwise,
like they should just be creating programs and creating money
to stimulate growth. But then, so, at what point does
the deficit actually become a bad thing because we just
see growing and growing. So is this saying, look, don't
(25:38):
worry about what the bill looks like because it's being
spent correctly. Yeah. Basically, Ah, well, I wonder if right
now we're actually that deficit is actually being spent in
a way that's beneficial to the country. Right. The theorists
Stephanie Kelton said that it's not the deficits don't matter,
it's that they're not. Deficits are not a sign of
excessive spending or a war runner of inflation, but they
(26:02):
can be too big. So it's it's just like basically
changing the yardstick that you use to judge, like you
you shouldn't once you're not like fully coming up in
the black on the like government ledger, you shouldn't start panicking.
It's more using inflation as the yardstick that you used
(26:25):
to measure whether your deficit is getting too big. I
should tell that to my credit card company. They point
to the last seven biggest American depressions or downturns going
back two years. We're all preceded by government surpluses. So
basically they're saying that if the government is running a surplus,
then you're kind of sucking with the economy because you're
(26:45):
not spending enough and you need to actually like spend
to create a healthy society. He has Trump advocated for
this theory, yet he has not. I feel like because right,
this is sort of kind of the way we look
at it, or at least the like, the way the
government spends money is like, our every dollar we give
(27:06):
in taxes is the budget that the government has to
spend money, When really they're looking at it is like, okay,
what's the budget. This is what we're going to spend.
This is what we got in taxes. Here's the difference.
Keep it moving, right. And that may have been overly simplistic,
but I think that's the thing that stuck out to
me the most is this model that we or I
was used to looking at it because I'm not an
(27:28):
economist or economist it's pronounced a great magazine, um, but
that was sort of the model. But this is a
this is that modern ship. Right Basically, as long as
there's you know, companies and people and actors within the
economy there to absorb the government expenditure and like spend
(27:51):
the money and use it and to keep it moving
rather moving over watering a plant whose cup runneth over,
then you get that's what you have to look out for. Yeah,
that's what I thought. I was just on the phone
with Paul Krugman this week, so we're talking. Uh well,
and that's what I told when I called Chase Bank.
I was like, look, bro, this this deficit I have
with y'all is not an indicator of the runaway spending actually,
(28:14):
and I think we need to change our yardstick right
for how we look at this. They still hit you
with those over draft fees though, huh yeah, but you know, look,
I told him this is all fake, you know what
I mean, It's all it's on the either. But it
is that like sometimes when you get like financial advice,
even on like a personal level, you know, you you
(28:35):
like start thinking of that as an absolute until it
doesn't even serve you anymore. Like in the beginning, people
who are like when you're starting out there like don't
have you know, don't have a debit card, you know,
when you're really young, don't really do the credit card
thing because you're going to overdraft blah blah blah. But
then like as you get older, you need to build
credit and we do need to have credit cards, and
you just spend and pay them off and it actually
(28:55):
makes more sense to put everything on a credit card.
Because you get points back and you start like doing
all that ship. But like it's the same thing about
like moving the yardstick. It's like the rules are different
once you get to a different stage. And yeah, and
you just can't just don't spend what you don't have, right,
And that's when it gets out of control, because like, yeah,
like I would. It took me so long to actually
trust myself with a credit card because I could not.
(29:17):
I was just terrible with my finances. Uh. And luckily
I just stuck to that because my desk here the
ship out of me and he was like, you will
be you will be forever fucked if you just like
have a credit card run away from you, especially when
I was like twenty two and spending it on fucking
weed and like, yeah, and when you signed up for
the credit cards because you wanted to get that like
weed joked T shirt, right, that's what happened to me.
(29:39):
I gotta you promised coffee mug with this. I was like,
wait a minute, a Converse all Star logo, but it's
Converse all high Star. It didn't even make sense. I
was like, yeah, get whatever you want, whatever you need,
I'll sign my soul away for that shirt like a shoe.
All right, her Men Kane is back in the pocket. Yeah, damn,
(30:09):
I mean he's nimble. Uh, the confidence is just emanating
off of me. Trump picked. I'm sorry you put it
in miles terms that overflow with your cup, with your cup.
There you go. So the president has picked Herman Kane
to run the FED. Yeah, the tax plan guy and
(30:30):
godfather pizza lord. Now remind everybody what is the plan.
He was trying to Basically, his whole thing was like
I'm simplifying the whole tax code and saying that it
would just be a mix of flat taxes. So there'll
be a nine percent sales tax, national sales tax, nine
percent corporate income tax Oh wow cool nine percent uh,
and nine percent individual income tax to be like yeah,
(30:52):
and like we'll just make it real simple and we
can keep it moving. But everyone's like, oh, that disproportionately
hurts like lower income people by being like, so why
should a person and a corporation be taxed the same amount?
I mean, I know, we keep trying to sell this
whole keep. They keep trying to sell the whole corporation
as a person thing, and it's just like yeah, well,
it's gotten us absolutely nowhere. But anyway, so yeah, he's
(31:14):
the he's the man with like those really cool, you know,
futuristic ideas that basically only benefit the wealthy. Um. So
you know, the thing that's a little bit freaky is
because you know, unlike the e p A, the FED.
Like I mean not to say that the EP isn't
doing good work, but like the FED is really one
of those institutions that like has to remain independent because
(31:35):
it's like the adult in the room being like, Hi,
we're the central bank, and like we can't just funk around,
like we have to actually make sure we're doing what's
right for the economy now, which is good because people
on Wall Street or growing about something. And you know,
the thing is, the two biggest functions with the FED
are supervision and policy. So on one hand, they oversee
(31:55):
like financial firms like you know, holding companies and chartered
banks within the system. Um uh. They also uh like
they're just also just the general supervisor of all of
these banking institutions, so they have to make sure there's
no nothing, no bullshit happening, no factory uh, just you
know supervisor. Great policy. Also, they also have to set
(32:16):
monetary policy with things that you know, they have two
main objectives, which are price stability and full employment, and
like those are like their north star that they're trying
to follow. Um. So you know, and if we've also
saw like with bailouts and things, they also can do
emergency lending and things like that. So having people who
like are not in touch with, like, you know, the
(32:37):
nuances of the economy or like aren't even economists in
those positions is a fucking really bad thing. But a
guy who's not a politician as president. So it's like, yeah,
well but here's the thing. I mean, there's no like
it's always been the same sort of type type of
you know, just wonky economy nerds who like work at
(32:57):
the Fed and like they get it. And like the
last person that he Trump picked or nominated was this
guy Stephen Moore, who was like a total He was like,
I'm not really an economist. Stephen like admitted that, uh,
and you know he was like held in contempt of core.
Heeled his like ex wife like over three hundred thousand
and like alimony and child support. This dude was just
not did not have it together on John Oliver. They
(33:20):
showed a clip of him just like making terrible jokes.
He was just like not the kind of person that
would instill confidence in someone running like the country's central bank.
And he's just another person that Trump picked off TV
and also wrote a book called trump Anomics and just
was always just saying really making really cloning statements about Trump.
I think what's interesting and like funked up about the
whole period in histories that like, uh, it's kind of
(33:43):
like we didn't think when you did to say things
or like have them in writing or in laws where
it's like, oh, only a person who is an economist
in charge of the central bank, you know, or hey,
you can't appoint someone ahead of the e P A
who doesn't believe science or whatever things like that, Like
we didn't think we had to write that down, or
(34:05):
like if you've been if it's been confirmed that you've
been accused of sexual assault and like it's on tape,
you can't be president. Like we didn't think we had
to put in writing you can't be this and also
be this because we were like, oh, well, everyone understands
and respects the institution and we were idiots because not
everyone does. And now we're having to like articulate common
(34:28):
sense into laws just like to help us be like, yeah,
I guess we have to write a law that don't
flirt with foreign governments in an election or you know,
higher experts to run these very very important institutions. Anyway,
next while we're passing, it's like, you can't be a
murderer and also be our president. They're like, wait, what
I mean Herman Kaine's credit, he did have a position
(34:51):
as director of the Federal Reserve Bank of Kansas City,
but that is like just that's a lot of money. Yeah,
but that's but that's running the business side of things,
like running that. There was no policy work involved with that,
And this is like this is a position where you
fucking need that kind of expertise, and it's just sort
of going out to Kansas makes less money than like
one suburb of Los Angeles. Yeah, I don't trust that
(35:13):
guy with their money. Well, I mean it's a you know,
this is at least it's better than Stephen Moore, who
was just like I don't really like it. I mean,
I don't know. They're all fucking really frightening people. Either way,
We're not actually having someone you know, because when you
run the Federal Reserve and like sending interest rates and
stuff like that, you have to kind of be like
really serious about everything, and having like Herman Kine or
(35:36):
this other dude out there is just not a good look.
And when you see how the market responds just to
comments from Trump, like having that from someone who runs
the actual central bank could be even worse. But this
is also comes at a time when you have people
like Jamie Diamond, who's like the head of JP Morgan
Chase being like, yeah, student dead is hurting the economy.
So it's like, so you want someone who's understanding we
(35:59):
have these other things going on, these other factors in
the economy that have to be considered rather than Godfather pizza. Right. Yeah,
I feel like we need a second so let's hear
more about this pizza pepperoni theory. I feel like we
need things written down. And I also want somebody to
start studying like what jobs lead like what experience and
(36:19):
what jobs lead to being good in other jobs. I
feel like that's not studied enough, and so we give
which skills are Yeah, Like I've always thought it was
weird that the fact that like Hunky a list actors
turned out to be decent directors, is weird, rather than
like really good actors like and talking Yeah, I'm like,
(36:41):
who are you talking about? Like Ben Affleck, Robert Redford.
So it's like something East would. It's like it's like
people who like just know how to look good on
camera but aren't necessarily like, you know, actors, actors, they
kind of so like that. That's just something I've always
like an observation I made. But I'm sure somebody has
(37:03):
like studied this for the head of the FED or
something like that and been like, this specific job leads
very well into being Yeah, like people who were point
guards tend to be good basketball coaches like things like that.
Like I feel like it's not and only a few,
like former soccer players actually end up being good managers.
(37:23):
It's weird, like not many players actually fall into the
role of manager that won't soccer And it's like usually
like the nerds on the sideline who have just been
like just like, oh, let me get in there and
do what I got to do with a coach. Uh. Well,
you know, I think that that FED study did show
that if you are involved with a successful franchise of
pizza locations that, Yeah, that makes you the best for leading.
(37:47):
But like I do, I do wonder what he was
doing on a day to day basis, like as the
head of the Kansas City, Like it's just managing a
business because that's what he was in. Like, that's all
he was doing when he was doing the pizza thing.
Like he can run businesses, but that's different. Things are
giving him enough credit. Okay, it could be a Papa
John Yeah, oh ship, has anybody consulted him? Yeah? But
(38:08):
what he's thinking about the time, Jesus, Well, let's say
a quick goodbye America's papa. Yeah, I mean he's the
Papa and our Uh let's say quick goodbye to Christian Nielsen. Uh.
You want to have to struggle with that name everything? Yeah,
Rex Stagg, Barbie Stagg Barbie, she's out of here. She
(38:30):
had to resign on. I'm always like annoyed when Kristen's
tried to do a lot with their name. I'm like,
you're a Christien just little bit that's trying to like,
yeah it's Kirsten or no, it's Kristen with two season
and pree case and a silent f I'm like, you're
all Christian's. Wow, I'm gonna get a lot of hate mail.
I mean, in God's eyes, were all Christian's. When the
(38:56):
nights are off, we're all no. But she's Danish, you know,
because I think she's day issues. I know, but yeah,
come on, yeah, I got Becauld. You imagine she changed
her name in college. She was actually Christen. I'm actually
um well. So on the weekend, she had a meeting
with Trump that she thought was going to clear the
air or like they were going to find a way forward,
because they have just been butting heads. Apparently, because despite
(39:19):
all the terrible ship she does, she would tell the
president like just basic stuff like oh yeah, what you're
asking is illegal. And then that just came to a
head in like thirty minutes into this interview. He's like, yeah,
I need you, I need you out of here. So
I need that resignation. And so it came out. I
was like, okay, so I'm resigning. And the look on
her face she looked like she was at peace. She
(39:40):
was like, yeah, and I gotta think the president, but
Wednesday will be my last day. And I was like,
this is the best decision I've ever made. And you know,
like when you sort of like see what their relationship was.
It just seemed like, what is the freakiest ship is
that Apparently she just wasn't fucking cruel enough for Trump
because he would call her, Uh this is like in
(40:02):
the New York Times, I think this is This is
a quote from that the President berated miss Nielsen, regularly
calling her at home early in the morning to demand
that she take action to stop migrants from entering the country,
including doing things that were clearly illegal, like blocking all
migrants from seeking asylum. She repeatedly noted that limitations imposed
on her department by federal laws, court settlements, and international obligations.
(40:24):
Uh yeah, were oblig Uh. So now you know, Stephen Miller,
I think he's gonna get his shot to just stack
this thing with like xenophoe mutant, just supervillains to run DHS,
because it looks like even also the head of the
Secret Service also got the booty, and it's like and
people are trying to suspect, oh, you're really just taking
(40:46):
everybody out of DHS who's actually saying things like oh yeah,
that's illegal, and just trying to replace it with just
the grossest type of sycophant. Yes, people who are like,
whatever you want, whatever you want, it doesn't matter how
vile it is. Do people think that the Secret Service
director getting booted has something to do with the mar
Lago like security concerns? I mean, that was at least
(41:08):
my first thought. But Miles, you're saying that that, I mean,
it depends on you know. It's then the reporting a
source at the Secret Service saying it wasn't connected. Yeah, right, Uh,
that it wasn't having to do with the moral Lago incident.
But as they describe it, a near systematic purge happening
at what is the second largest national security agency. UM
(41:29):
And because I think Stephen Miller is now leading border policies,
it's like he has to get people in DHS to
act out his vile plan, whatever that's going to be.
And it can't just be people who like know the law,
because what they're trying to do is illegal. But anyway,
worry not for reich Stock, Barbie, because your legacy will
remain because there are tens of thousands of children who
(41:49):
are still separated from their families, and based on like
an optimistic estimate, it would probably take around two years
to fully identify and reunify. A lot of these kids
like to get everybody off. So I mean, honestly, you know,
I joked that like she was at peace, but I
hope she never fucking finds any kind of peace, you know.
(42:09):
I hope you're treated like the fucking pariah that you are,
you know, because this is like you could have fucking
resigned a long time ago, but guess what, you're the
face of this policy, and you can you can run
away now, but the damage has been done. And just
just to underline another thing, when you think about all
the cabinet positions that are vacant right now, there's currently
just an acting DHS Secretary and acting Defense Secretary and
(42:32):
acting Interior Secretary and acting White House Chief of Staff
and acting United Nations Ambassador and an acting Food and
Drug Administration commissioner, and these are he's still yet to
actually put those people in there, Like he hasn't even
done it yet. It's not like people there are certain
positions that haven't been filled since he came into office,
(42:53):
which is wild. And they say even with DHS or
d O D, it's been two months where that position
is been vacant and it hasn't been like that, Like
the last time there was a vacancy that long was
like seventy years ago. Yeah, no adults. And then also
when you look at DHS, there's no secretaries, said, there's
no deputy secretary, there's no Secret Service chief, there's no
(43:14):
head of FEMA, there's no head of ICE, there's no
head of Science and Technology. There's just like just it's
a full on ghost town. Yeah. I guess the only
thing we can rely on or the courts to actually
interpret the laws and you know, actually make decisions. Yeah,
because I know they've been packed. That is the one
(43:34):
thing he's gotten busy doing. He and the Republicans have
gotten busy doing, is getting super uber conservative judges confirmed. Yeah,
I guess they did rule that just keeping everybody in
Mexico was not legal. No. Well, because he's just trying
to basically end the asylum program like by just you know,
(43:57):
pulling up the ladder, and because he quite really over
the weekend was like sorry, no room, there's no more room. Yeah, right,
all right, we're gonna take a quick break. We'll be
right back, and we're back. And we've talked before on
(44:21):
the Daily z Eyegeist about the Dunning Krueger effect. Uh,
it's the Daily z eyegeist. The Dailies Eye Guist is
a podcast that you and I host. Oh shit, that's yeah, yeah,
yeah yeah, that's where all those pants on people. Yeah,
you're speaking into a microphone right now. People can see you.
(44:41):
They can't not when I have these glasses. Sophia, we
have to explain something about podcasts. Yeah, you host a podcast.
I don't know what a podcast is other than the
one that you host. I don't know about it anyways.
Dunning Kruger effect is when basically the people who are
(45:04):
not good at something they don't know how much they
don't know, and so they think they're better at it
than they actually are. So SoundCloud rappers and open My
comedians and people who are good at something are fully
aware of what they don't know, and so they're a
little bit at least they're harder on themselves when it
comes to comparing themselves with the average syndrome. So I
(45:27):
think we've tended to talk about it when it comes
to intelligence, Like, you know, people I don't know for
some reason. Uh, the first season of Jersey Shore always
pops into my head was like a like a thing
where the Yeah, hell he like grew up over there.
Wow you said that was such a discuss, mean, like
(45:50):
like emphatically, because I remember like when you're like, yeah,
like I go to the shore family, we go to
the shore, and I was like, for really, so not
back was like any tanning or laundry or gym or anything. Yeah,
that's a laundry day, all right. So when you're making
that graphic of Jack, make him a Jersey shore type Broyes, Wow,
(46:16):
Harry tan v tan you actually get a good tan though,
So I believe that. Hey man, that means a lot
to me. But anyways, just I think we tended to
cover it from the standpoint of like dumb people thinking
they're smart. And there's there's how Crash won that Academy Awards,
Like it's like a dumb movie for dumb people who
(46:36):
think they're smart. It's a dumb person's idea of a
smart movie. Yeah, and then they congratulate themselves on it.
They're like, we really got it, would you like it to?
Like I get, and like what's to get? It's terrible
the way Matt Dilan was like that white savior to
that color. I mean, what about Sandra Bullock and her
best friend and housekeeper. Everything about that movie is so
crdin I could just die. But so there's a kind
(46:59):
of been some nuanced studies that look at the things
that people tend to be over confident about and under
confident about. Okay, kind of fucked with me, the things
that we tend to be over confident about having interesting conversations.
We think we're more interesting in conversation than we are.
(47:19):
I mean would have thought as we've talked in to
these microphonests. We think we're better at getting an animal
to like us. Okay, your dog Ace was just in
my lap again, rejected. He loves me. No, okay, because
(47:40):
that's what I've noticed. My dog like, we'll go up
and start looking people when they have lotion on. We're
just like, oh, he loves you. Favor just my energy,
Like I just vibe really well. I don't know. I
am avoiding falling for a fraud makes sense? Oh, very gullible,
(48:01):
are you? My husband is like stop almost writing checks
to people who come soliciting at the door. I'm like,
I don't know, they're in a program. He's like, they're
not go but it's like, stop it No, but it's
first of it's kind on the market. You don't understand.
It's Trader Joe's people selling me a sob story. I
(48:22):
want to support this little league team. He's like, there
is not a little league team. This person is seventeen
winning a game of trivia. This is that's me. Like
all of these so far, I have been like, but
this one doesn't apply to me because I'm super aware
of how bad I am at all these and maybe not,
maybe I'm worse than night kissing, kissing, driving, using a computer,
(48:47):
being a reliable friend, and controlling your emotions when it's
useful to do so. Okay, way to sub tweet me?
Which one are you? What are you over confident about?
You probably being a rival friend? I mean, like, you know,
I think you all are like. I think I'm a
pretty good friend, and I bet you a lot of
people are like, she is a good friend. But I
think I also probably funk up more often than I
register because I just remember about what a good friend
(49:08):
of self preservation, right, Because when you funk up in
terms of being a friend, it's usually because you're not
even like thinking about the things. And so like a
lot of these come down to uh like availability bias,
I think is what they call it. Daniel Kaneman's book
Thinking Fast and Slow, where they talk about like how
we get things wrong because we overestimate the thing that
(49:30):
is immediately available to us. So like when it comes
to winning a game of trivia, it's like you just
think of all the trivia you know, and you're like, oh,
I'm gonna fucking crush this. You can't. You can't think
of the trivia you don't know, so you're not gonna
be like good at thinking of all the answers you're
going to get wrong. Um, and like with being a
reliable friend, the thing that we're going to remember is
(49:51):
like that time we went out of our way when
we were the hero of our own narrative and their narrative,
and less the time when you just I didn't really
think about it, but you kind of sucked over here. Yeah.
So now here's the stuff that people tend to be
under confident about, which is some of these are, uh,
(50:11):
don't make you feel as good as you might have hoped.
So recovering from the death of a loved one where
apparently like we think it's going to hurt us more
than we're just like, just move the funk on. I
don't I don't know if that's what they're saying to
the Jack O'Briens school of grieving, but but that you
can make something bad sound sound bad. What do you
(50:35):
how do you flex the other way? Like, Yo, I'm
sick at getting over a loved one's death. But yeah,
I don't know. Again, these are these are all ones
that I'm like, no, but I would be terrible at that.
So it's it just proves like that these are things
I'm probably wrong about in the same way as I'm
(50:55):
wrong about the things that we're sick at getting over
the death of a loved one. I think that i'd
be really bad. Challenge accept Jack's wife worse than your
back seat. Oh god, I'm so sorry. She literally listens
to this podcast in her car, so, uh, don't turn
(51:18):
around because you're gonna see me behind. Uh. We think
that we're going to be worse than most at riding
a unicycle, which is a weird fact. How many people
did they test who have then written a unicycle? Yeah,
I don't know. Okay, we think we're there's a lot
(51:42):
of weird ones on here. We think we're worse than
we are predicting which sports team will win, which it
seems like there's a whole gambling industry otherwise. But it
was that easy. Yeah, playing soccer is an interesting one?
Is that one? What are they asking people? This is
so weird. It is so weird painting a portrait. But like,
(52:05):
by with the specificity, it seems like it indicates and
maybe this is their whole editorial strategy. But by making
it specific, you're like, huh, maybe maybe they did like
really specific studies. Maybe they made everybody do each one
of the things and then they killed a loved one,
that's right, Or did they just list things right? Well,
(52:28):
like like the people wrote these in or something like
that seems like an American be like, dude, I'm probably
not good at like soccer, right, Yeah, no, for sure
that that probably is because like you'd have an ego,
right if you were like trying to be like things
I can feel good about saying I'm not good at
It's like I don't know if i'd be good at
like getting over someone's death. I don't know if i'd
be good at driving a race car. Of course, I'm
(52:48):
just a regular person. I don't know if i'd be
good at painting a portrait and another one making a
billion dollars, Yeah, that one makes. How do they figure
out kissing? They ask everybody you kiss Not like there
is a study that's like how you rate yourself as
a kisser, and then how people who have kissed you
rate you as a kisser. But how do they find
everybody you've kissed? Well? Most of so most of these
(53:10):
sorts of studies that are like self reported probably full
of ship studies are like done on kids in college
basically because that's who's available to academics. So the kissing
one probably would be easier than getting over the loved
one or the death of a loved one. I don't
I don't know how you study that. Yeah, getting real weird.
(53:35):
But we're bad at playing soccer painting a portrait though,
guys go out and try it. Apparently you will be
better at that than you think. Well, Sophia, it has
been a pleasure having you on Der Daily Sis today.
Where can people find you? I am the Sophia on
Twitter and Instagram? T H E s O F I
y A find me. Let's talk about trash TV together.
(53:58):
You go, you guys, is uh beloved TV show? What's
it called? I don't we don't know yet. Okay, the
government shut down fucked things up. Yeah, if you think
we haven't not been googling, when is it back like
every day? Or yeah? I was in a meeting with
a an executive at a streaming company and they were
(54:24):
and they were saying, like, see, we have access to
all this like amazing data that like nobody knows about.
Like who would know that fiance is like secretly incredibly popular?
I would two people I talked to all the time.
Now that Yo, did you know? I just googled night
you know? Do you know what is happening? There's gonna
(54:45):
be a spinoff show with Chantelle and Pedro. They're getting
their own motherfucking spinoff series for there. First of all,
very good, huge news for three of us. Yes, but wow,
bring the mess on because you know, her brother fought
him at a dinner and then his sister got involved
(55:07):
Jack who boy. Also the way she makes like angry
eyes and her family's kind of whacked. They are, like
they are like they got that weird American xenophobia ship
going on where they're like, I don't know, I don't
Eve can trust him because they're from Republic anyway. Bit
of news, breaking news? First, is there a tweet you've
(55:29):
been enjoying, Sophia. I just placed an order of the
restaurant for all four people in my party who are
running late and not here yet. The waitress brought me
one set of utensils without batting an eye, and I'm
going to tip her one million dollars. Chelsea Devantez, who
I love, follow her? Uh, miles where can people find you?
You can find me on Twitter and Instagram at miles
(55:52):
of Gray. A tweet I like is a little bit
of a quote tweet. It's Mama Do and Di, a
uh stand up comedian, and it is an article from
n M E that says machine Gun Kelly and g
Easy called truce after Eminem's intervention quote unquote, and he says,
finally I could walk the streets again the same Ah. Yeah.
(56:20):
I mean I think a lot of people were worried
about what would how that would boil over invention. I
mean that's why I'm laughing on the sea. See if
Eminem would interview Yeah, the o G for all the
white rappers, the shot callers, so shout out to you, Marshall. Marshall, Uh,
couple of tweets I've been enjoying. Megan am Ram tweeted,
(56:40):
I wish they took your photo on emotional roller coasters too,
and bird's rights activists at pro birds Writes, who hosts
a very funny podcast on this network called Creature Feature.
She tweeted why birds decided to go from being big
dinas saucers too small? If you ask to fit inside
(57:01):
Dorito's bag? Uh? That Twitter account? You can find me
on Twitter? Check underscore O'Brien. Do you find us on
Twitter at Daily Zeitgeist for at the Daily Zygeist on Instagram.
We have a Facebook fan page on a website daileys
dot com, but we post our episodes and our foot
we like off to the information that we talked about
(57:23):
today's episode, as well as the song we ride out one. Uh.
This is from I believe a band or maybe one
person called Infinite Sus like Kisses in Franchas. Isn't that
how you pronounced branch? Yeah? Anyway, this is from Infinite
be Sus and the track is called the soul Mate
(57:45):
And you know, just like off your joke s O
l e Oh nice so it's like about somebody who
met somebody who buying the same pair of shoes and
then they kissed forever. Yeah, there you go. What a
great hoh manta comedy I just wrote. All right, well
that's gonna do it for today's episode. We will be
(58:06):
back tomorrow because it is the Daily podcast and we'll
talk against the OVN. Something tells me than friend one
game so bad, my fun change, So now I'm done.
(58:41):
Now