Episode Transcript
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Speaker 1 (00:04):
Fundamental principles.
Speaker 2 (00:06):
I've read them, rational self interest and individual wise.
Speaker 1 (00:14):
This is the show, all right, everybody, welcome tore on
book show, on this on this Uh what is it's
It's September first, thanks for joining me. And uh, let's
(00:34):
see uh hm did you do you guys? Hear the music? Okay,
the opening music, theme and stuff. Just checking to see
that all the settings. Okay, it didn't seem right there hm.
(00:56):
So if I play that.
Speaker 2 (01:00):
The metal principles of rational self weird individual wise, this
is the show.
Speaker 1 (01:15):
All right. I'll play with it and fix it for
next time. Very faint, so you didn't hear the music,
all right, we'll get it. We'll get it fixed for
the next time. All right. Welcome to my new office.
This is my new location for the next three weeks.
(01:37):
Really uh in in Florence. This is the office I rendered.
I know it's not particularly exciting. The background is not
particularly stimulating, but you're not here for the background anyway.
And uh, soon enough, we'll be back home at my regular.
Speaker 3 (01:54):
Hot at the regular regular studio. Now it's louder and
now you can hear it. All right, Okay, I'm gonna
I'm gonna play around with it and get it right somehow,
It's not it.
Speaker 1 (02:09):
Wasn't feeding the music, wasn't feeding the sound. Right. All right,
we have I guess a lot to cover. I as
you know, I'm still in fall in Florence, Italy and
really amazing city. Did a lot of walking around town today.
No new museums today. I'll fill you in as we
(02:32):
go through the different museums in Florence and give you
accommodations around those. But a lot of walking. It's fun
to just walk through the little alleyways and the streets.
And as we're walking, we're like, oh, we need to
go to that place, and we need to go to
that place. And it's like any random church you walk
(02:53):
into in Florence, you'll find some masterpiece hanging on the wall.
It really is a lot of fun. So I encourage
you again visit Florence, come see the David, and stay
to see everything else. All right, let's let's get rolling.
I mean, in the beginning we're going to talk about tariffs.
(03:15):
So this is the White House today celebrating Labor Day.
So happy Labor Day. I'm not sure why we need
a labor day, but there you go. We've got a
labor day in the United States, at least in the US.
We don't celebrate on the first of May, which is
kind of the common labor day we celebrate it, I
guess the first Monday in September or something like that.
(03:40):
But it would be great to have an entrepreneur day,
a businessman day, a capitalist day, capitalist day, a banker's day,
a Wall Street day, those will all be really good.
So but right now we have labor Day. I'll remind
you that labor with our capital can produce nothing zero
(04:07):
zoach subsistence. And look, labors needed. Labor needs, you know,
capitalists and need labor to put in place the plans
and and to actually do the physical labor required. And
there's a lot of physical labor that is required to
make our lives good. And that is good. So there's
(04:31):
no harmage celebrating labor. It's just disproportionate in a sense
that we never celebrate anything else. So today the White
House announced that.
Speaker 4 (04:43):
That this is the white House Twitter accounts that.
Speaker 1 (04:49):
President Trump's trade policies have helped drive more than eight
trillion dollars of new US investments, creating hundreds of thousands
of jobs, and this You can add this to the
four trillion dollars of net deficit reduction that tariffs are
(05:11):
responsible for. You know, the eight trillion dollars of investments
of new business, five trillion of new business investments, hundreds
of thousands of jobs.
Speaker 4 (05:21):
Record low gas prices.
Speaker 1 (05:23):
I think Trump today tweeted this is this is traumpa prices.
Prices generally are way down in the United States with
virtually no inflation, with the exception of ridiculous, corrupt politicians
approved windmills which are killing every state and county that
uses them. Energy prices are falling big time. Gasoline is
(05:46):
at many years lows. All of this despite magnificent tariffs
which are bringing in trillions of dollars from countries that
took that took total advantage of US for decades, and
am making America strong and respected again. We'll get to
the making America expected again later. But this administration, you know,
(06:11):
lies with bombast. They don't just do the two we goal.
You know, a politician lie, They lie big trillions of dollars.
Prices are going down. Haven't you noticed every time you
get to go see store, the basket of goods that
you buy is actually costs less every time you.
Speaker 4 (06:29):
Go since Trump got elected.
Speaker 1 (06:31):
I mean, it's amazing how he has not only reduced
the level of inflation, he's actually made it negative. Now
prices are going down. I mean, it's all just fiction, fantasy,
bold face lies. It's not ignorance, it's not stupidity. It's
(06:52):
you know what, you say it and it will become
true because if you say it, and you say what convict,
and if you make the numbers big enough so that people,
you know, once you talk to trillions, people can't even
comprehend the numbers. You know, people just are going to buy. Okay,
maybe it's not a trillion, but it's something. He wouldn't
(07:14):
say a trillion if itels zero. So maybe it's not
a trillion. Maybe tony four trillion, maybe tony two trillion,
A trillion here, a trillion? They who cares? But it's
all a lie. The tariff revenues are there, but they're
not in the trillions. They're in the billions maybe, and
they're still small. And given that they're hooting in the
(07:35):
economy and reducing tax revenue elsewhere, the net effect is
probably negative. There is no real new business investment in
the United States as we'll see, businesses are hesitant to
invest in the US. They don't know tariffs are gonna hold,
They're not gonna hold. They don't know what the full
consequences of this to the economy is going to be,
(07:57):
So there's no real new investment net. People will really
just rephrasing investments that are gonna make any way. Is
as these are new investments. Who not to suck up
to Trump deficit reduction? The Big Beautiful Bill was a
massive deficit increase and hundreds of thousands of jobs.
Speaker 4 (08:19):
Hundreds of thousands of jobs.
Speaker 1 (08:22):
I mean, the latest job numbers clearly show that very
few jobs are being created right now in the economy.
And we'll see with the next few numbers if that holds.
Speaker 4 (08:33):
Says, if we.
Speaker 1 (08:34):
Get negative numbers now, the reality is that the next
few numbers that we get about employment out of the
Bureau of Labor Statistics are going to be made up
because Trump fired the guy responsible for the numbers and
delivering those numbers and appointed somebody who is going to
report numbers that Trump tells him. I mean, I wouldn't
(08:56):
be surprised if we hear next month that true millions
of jobs have been created. Trillions of jobs have been
created in the United States since Trump it took office.
They need. All the jobs ever in the entire history
of the United States were created because of Trump's policies.
This administration lies like no other administration ever has. That
(09:19):
I think is pretty clear. It lies boldly, It lies big.
It doesn't believe in small lies, big lies, big bold lies,
And when confronted with facts, they don't care. They just
ignore them. They keep on going.
Speaker 5 (09:39):
I mean, think about eight trillion entire revenue, eight trillion
terira revenue, all of the inputs into the United States
in twenty twenty four, all of the inputs entire inputs
into the United States in twenty twenty four, we're three.
Speaker 1 (09:56):
Point seven trillion. If you teariff that at twenty five
percent and they put their own change, you still have
the same amount of inputs. Then it's twenty five percent
of through very seven trillion. That's a quarter. That's maybe
one trillion. How can it be eight trillion, eight trillion?
(10:18):
You have to have to have two hundred percent and
assume that nobody changes their behavior as prices go up
two hundred percent, or that foreigners are willing to basically
take huge losses on the stuff they sell Americans so
that they pay the tariff. It's just so stupid. It's
not even sophisticated lies. It's not even lies that you
(10:41):
can somehow vaguely moderate, you know, defend.
Speaker 4 (10:47):
It's just sheer, bold lying.
Speaker 1 (10:55):
Now, you know, Secretary Scott Bessett was on Fox News.
I was asked by Laura Trump. I guess law of
Trump is a Fox News who knew? I didn't know
because and if always Fox News. But anyway, Laara Trump,
she asks him about, you know, these claims the tariffs.
I hidden tax on Americans? Is that possible? A hidden
(11:17):
tax on American consumers? Tariffs? Really? And this is this
is uh, this is his response. This is Scott Bessett.
Speaker 3 (11:26):
He is one of the smarter people and woman would
have thought, maybe one of the more honest people in
the administration.
Speaker 4 (11:33):
And this is what he says.
Speaker 1 (11:35):
Why do we hear the European companies or the Chinese companies, uh,
you know, complain about tariffs if it's all being born
by the American people, It's just not happening. Now. Scott
Bessett is a smart guy. He's not an idiot. He
knows economics, he understands. So even if it's born one
(11:59):
hundred sent by Americans, which it mostly is, why would
Chinese and European companies still complain? Why would they be afraid?
Speaker 4 (12:10):
Why would they be worried for their.
Speaker 1 (12:12):
Businesses even if they didn't pay any of the tariff?
I mean, this is an econ one on one question
to any one of you who understands supply and demand.
What happens when tariffs cause prices to go up, demand
goes down, People buy few of that good. It's just
(12:34):
a basic rule in economics, and it's one of those
rules in economics which.
Speaker 4 (12:39):
Is absolutely true. So if a toy.
Speaker 1 (12:46):
Manufacturer in China, he's still selling the product of the
American imported at the same price, he's not burying any
of the tariff. And then the toy rides in the US.
It says one hundred dollars toy and it's marked up
by fifty, which is the terriffun China right now, I think,
so it now cost one hundred and fifty dollars to
(13:07):
you know, plus the profit and whatever to the American consumer.
Why is the Chinese manufacturer complaining or because the number
of Americans buying this toy is going to go down
because they're paying fifty percent more than they used to.
His sales are going to go down, and therefore he
(13:28):
is going to make less money, which is the reason
he's complaining. Now, this is not hard, and Bessett knows this.
He's not ignorant. He's just bold faced lying to the
American people. And he's lying on Fox News, and the
(13:51):
people listening to Fox News are inclined to believe the liar. Ready,
then maybe they're not maga, maybe they're not bought into everything.
But look at Scott Bassett. He's not a maga good guy.
He's a pretty reasonable guy, he seems, and he's not
gonna lie both facely to us.
Speaker 4 (14:04):
So there must be something true here.
Speaker 1 (14:06):
Maybe those Chinese companies aren't paying the theF Maybe the
Chinese aren't paying it after all. Maybe maybe that's true.
Maybe all these economists have just been lying to us.
Maybe he my professor, and he kind of one on
one was lying to me. Scott Bessett wouldn't lie. And
it's just the scale of this is just horrific. You know,
(14:32):
you keep lying, you keep making numbers up, and then
you appoint people to the Bureau of Statistics, who are
going to keep making stuff up. And basically the United
States has turned into Argentina of you know, twenty years ago,
where you can't believe anything the government says. You can't
(14:53):
believe any numbered by the government. And over time, you know,
you get the kind of despotism that you get that
you got an Argentina. And I think it's gonna be
worse here. Trump is really laying the foundation again. He
won't be laying the foundation for complete authoritarianism. The government
(15:16):
will just tell you what the truth is, not your experience,
not you going to the grocery store and seeing prices
go up. I mean inflation, price inflation. The prices of
the goods you buy in a regular grocery store. Visit.
They're going up every year. This year by three percent.
(15:38):
It's gonna be higher three percent now than it was
a year ago. That's worth complaining about. That's not good, right,
So costs going up across the board, and Trump has
not changed that. Price of gasoline is low, but it's
(15:59):
not the lowest. It's being that in years and years
and years, and it's low. It has nothing to do
with Trump. It's it's low because Saudi Arabia has opened
up the spigots and is pumping oil out in large quantities,
and therefore on global markets prices have come down. But
(16:22):
Trump is going to take credit for that, and he's
gonna take he's gonna invent credit for the drop. He's
going to invent the fact that prices have gone down
and then take credit for his invented fact.
Speaker 4 (16:42):
But again, it's all a lying.
Speaker 1 (16:44):
It's just not true.
Speaker 4 (16:46):
He's lying to you.
Speaker 1 (16:48):
And if he's lying to you about this stuff that's
just plain, straightforward obvious, it's obvious. Then he's lying about
it anything and you can't trust a word that comes
out of his mouth. And you'll say all politicians lie, yes,
but he lies more, he lies more boldly, and he
(17:10):
doesn't care he is. There is no conception of reality
for him, and there's no loyalty to really to anything
except whatever his whim is right now. It's a really
(17:31):
unique human being we've elected president.
Speaker 4 (17:33):
By the way.
Speaker 1 (17:34):
People have done some research over the last few months
and looked at tariffs and looked at okay, well, Chinese companies,
particularly in China, a Chinese companies willing to you know,
take a hit how much of the tariffs are they
willing to absorb in order to you need to sell
(18:00):
into the United States, And they are willing terms of
some of it. So about nine percent of the total tariff,
nine percent of the total taff so fifty per tariff,
nine percent of that is like four and a percent
is like, uh, you know, yeah, four and a half
percent they're willing terms of that.
Speaker 4 (18:27):
So yeah, the Chinese companies are paying for some of.
Speaker 1 (18:31):
The tariff, if you can call it that, by giving
discounts to the American exporterers. But that's it, and it's
not can increase, if anything, it will decrease over time.
But that's data, that's actual facts. God forbid, we have
data and facts. We do not want data in facts.
(18:53):
Please save me from data in facts. I mean, this
is one thing that seeds to be common across the
board in America today.
Speaker 4 (19:00):
Nobody actually wants to know the truth.
Speaker 1 (19:03):
They want to reaffirm their preconceived notions. They want to
reaffirm the tribal truth, the tribal beliefs. They want to
reaffirm what the witch doctor is telling them. Here's Trump
about the core decision on Friday with our tariffs and
(19:24):
all the trillions of dollars we have already taken in
trillions of dollars. I mean, if you said billions, he'd
add some credibility, but trillions, big, bold lies we have
already taken in our country would be completely destroyed, and
our military power would be instantly obliterated again, a completed
(19:46):
and out of lie. You mean, we'd be back to
the way we were three months ago, six months ago,
nine months ago. Was our military power obliterated at that point?
Was our country completely destroyed? At that point? What has changed? Lie?
(20:10):
Make grainiose, absurd statements, but then keep doing it, keep
doing it, keep doing it until people cannot tell what
the truth is. They cannot tell what a lie is,
they cannot differentiate anymore. And when people give up on
their own reason, they give up on the data, they
give up on the experts, they give up on whatever
(20:33):
sources of news they have, as Americans have, on the
mainstream media and pretty much all media and not without justification, right,
and then all they hear from the authorities are lies
and bumb bast and lies and bumbasts and lives and
bomb bass. Ultimately, they're gonna give up, They're gonna give
(20:54):
up and trying to figure out what the truth is,
and they're just gonna become passive, accepted of whatever the
authorities want them to believe. And this is the way
fascism works. This is the way fascists take control. And
you know, while I don't think Trump is the ambitious dictator,
(21:16):
he is playing by their book.
Speaker 4 (21:19):
He is playing by their book.
Speaker 1 (21:22):
You know, I read. I was on Facebook, big mistake.
I hate Facebook. Anyway, I was on Facebook and I
read a bunch of people who are called themselves subjectivists
and who a big not just you know, little supporters
of Trump, but big supporters of Trump.
Speaker 4 (21:44):
And it really is stunning.
Speaker 1 (21:45):
I mean, it basically is the same phenomena that I've noticed,
you know, then noticed in twenty sixteen, and I've noticed
since then. Basically the primary motivation they have is fear.
Primary driver in their life is fear. It's fear of
in this case, in politics, of the left, of the communists,
(22:07):
of the takeover, of destroying your life, of men playing
goals best, you know, sports, which is the issue for everybody,
much more important than you know than bryce inflation, much
more putting than tariffs. Those are technical, stupid economic things.
Who cares about economic liberty, you know, much more important
(22:29):
than than you know, betraying Ukraine and cozying up the dictators,
you know, much more important than than any of that,
or mass deportation and militarized ice roaming the streets rounding
people up. That that is not important.
Speaker 4 (22:46):
What's really importants men playing women's.
Speaker 1 (22:48):
Sports, which I'm against, but it's not the most important
issue defining the world right now. And yet all they
have is fear of the fear of the transgender people
are coming for us, They're gonna take us, and it
(23:15):
really is striking.
Speaker 4 (23:16):
It's all negative.
Speaker 1 (23:18):
And in the fear, they're latching on to Trump as
a hero, a hero who's come to save them, a
hero who is you know, slamming the left, is turning
the tables on the left. And it doesn't really matter
to them how he does it. It doesn't matter to
them what he actually does. He's not the left, and
(23:40):
he's anti left, and he slams the left all the time,
so nothing else matters. It's sad and a little pathetic
after me, the extent to which they worship Trump and
extent to which they you know, they just accept all
(24:02):
this stuff all this stuff without a second thought, without
thought period.
Speaker 6 (24:18):
So yeah, fear, fear is a Beware of fear as
a motivator, Beware of fear dominating your epistemology, Beware of
fear dominating the way you think about the world, because almost.
Speaker 1 (24:37):
Everybody I know who supports Trump is ultimately dominated by fear.
Speaker 4 (24:46):
And yeah, fear is legit.
Speaker 1 (24:49):
There's something to be afraid of, if there's something objectively
to be afraid of. But what is the solution, what
is the alternative? What are you proposing in it's fear
can lead you down very dark alleys, and it is
(25:13):
it's leading us down in the dark alley of Trump anyway,
you know, it's just Trump doing the lying. And of course, uh,
Secretary Bessett, it's it's of course the chief liar of
all of them, a man who knows better, but has
been lying for so long he probably doesn't remember the
truth and and and couldn't probably find it in the
(25:33):
recesses of his mind.
Speaker 4 (25:35):
He's been veading for so long.
Speaker 1 (25:37):
And that fetnav peed a naval one of the real, real, horrible,
you know, the worst economists in the United States. And
I said that way back before even Trump hired him.
This guy was was peddling his BS economics anyway. He
(25:57):
he said that it would be the end of the
United States if the tariffs were done away with ecoin
Trump's But he also said this was kind of interesting.
He said, look, because the appellate court, the Pelt Court,
that ruled the tariff's unconstitutional. They said one of the
problems with it is that they were permanent and that
(26:20):
the emergency law did not allow the president, not give
him the power to put on anything permanent. So he
is now going out there and making a big deal effect. No, no, no, no, no, no,
they aren't permanent. Of course they are. There's no provision
for eliminating them. There's no mechanism for eliminating them. There's
(26:42):
no time frame or time line or anything else for
eliminating them. And I guess when the trade deficit goes away.
But again, economical teacher, the trade deficit is not going
to go away because of these tariffs. It's not how
tariffs and trade works. Now. Part of the effect of
(27:05):
all of this, part of the effect of all of
this is the business has no idea how to price stuff.
They have no idea what's coming down the Pike. Are
the tariffs constitutional?
Speaker 4 (27:16):
Are they not? Are they going to be in place?
Are they not?
Speaker 1 (27:20):
Is Trump going to change? Is the old China? And
with Mexico there's still on ninety day moving whatever every
day or not every day, but every certain period of
time the government comes out with whole lists of new
products that are being tariffed. You know, how does a
business deal with that? How much inventories should it keep?
(27:45):
Should just try to sell everything? Now?
Speaker 4 (27:48):
So this is a headline.
Speaker 1 (27:49):
From the Wall Street Journal and the Retail section. Six
months into tariffs, businesses have no idea how to price anything.
North Carolina company says tariff uncertainty has given it way
to a new problem what to charge. Everyone is struggling
(28:10):
to figure out what to do. Yeah, it's you know,
this is what happens when you give one person, one person,
complete authority at his whim to raise taxes on three
hundred and fifty million Americans whenever he feels like it,
(28:31):
to whatever level it can be, and change it and
lower it and increase it whenever he happens to want
to completely one hundred percent, with no nobody checking him
at his discretion. This is the power that Donald Trump has, which,
to their credit, the appellate court ruled was unconstitutional. M
(29:05):
I'm just looking at the chat here for a second.
Joshua Rizzo is asking who promotes you on Brook? Ask
yourselves who promotes in? What institutions does your on Brook
(29:26):
work with and associates with?
Speaker 4 (29:29):
So what group is he a mouthpiece of?
Speaker 1 (29:32):
Hmm? I mean, does anybody know? Do you want to
ask me in the super check what groups sponsor the show?
I think Alex Epstein does, and Hendershot Wealth does, and.
Speaker 4 (29:47):
I'm an institute does. Those are the institutions.
Speaker 1 (29:49):
Who else? Who else?
Speaker 7 (29:55):
So?
Speaker 1 (29:55):
Who else am I affiliated with? Maybe? Maybe I think
this is what he's getting at. He's probably getting at
all that money that.
Speaker 4 (30:05):
Judge sol As much must give me.
Speaker 1 (30:08):
Yeah, right, ah, I I love a good conspiracy theory,
all right. And of course all of this is leading
to some really juicy opportunities for tariffs for tariffs right.
(30:28):
He is a story in the Wall Street Journal American
made businesses are.
Speaker 4 (30:33):
Clamoring to get on the tariff list. Uh, this is
a story about I'll read you some of this.
Speaker 1 (30:41):
Greg Owens, chairman of Eryl Manufacturing, was at home skimming
through emails on a recent Friday, when he got a
text message that made him stand up in his shan
raise his arms in triumph. As co founder of Cheryl,
which builds itself as America's last manufacturer of stainless steel flatware,
owing to been fighting for years to keep his business
(31:01):
afloat in a market flooded with cheaper inputs. Now he
felt that Sherriff stood a fighting chance. Why because the
text in question said imported stainless steel flatweight products would
be hit with a fifty percent tariff on their steel content.
Speaker 4 (31:20):
This was the news Owens had been waiting for.
Speaker 1 (31:25):
Alan Boyle was just saved by the governments. The Tumba
Demistration's tariff policies are creating headaches on suddenly and extra
costs for scores of US companies, from automakers to clothing inports.
Is But for some companies, some companies, not the companies
supporting the Urine bookshow, obviously, but for some companies that
(31:47):
rely on American manufacturing, like Sheer, this new era of
tariffs could give them a shot in the arm. And
of course that means they're going to raise prices on you,
so you're going to give them a shot in the
arm by paying more for flatware and lots of other things.
(32:10):
On the list released by the Commics Department, more than
four hundred items imported to the United States would be
hit with tariffs on the steel and aluminum content, from
farm equipment, bulldozers, and industrial robots to the dumbbells, infant swings,
and infant walkers. Now note that these tariffs are not
(32:32):
under the emergency powers one that were ruled on constitutional
These tariffs, particularly the ones on the infant swings and infant.
Speaker 4 (32:39):
Walkers, these terriffs are part of.
Speaker 1 (32:44):
Section two thirty two of the Trade Expansion Act of
nineteen sixty two. These tariffs, in other words, have been
placed for national security reasons. So these tariffs, even if
they're court rules that the that the tests on the
constitutional they wouldn't apply to this. This is all steel,
(33:05):
these four hundred tows, including children's swings and infant walkers.
These tas u national security towns because God forbid it,
we lose the ability to make flatware, knives and folks
and spoons, spoons to dig those ditches. If we lose
(33:28):
the ability to produce those in the United States, our
national interest is a steak. The Chinese are going to
conquer us because we won't have spoons to defend ourselves. Yep,
(33:51):
this is uh uh, this is where we are today, guys.
It's corneyism happening. Uh It swamp, animal feasts, it's the
swamp is bigger than it ever was. If you think
that Democrats had a swamp, this swamp is much bigger,
(34:12):
and it is bigger and filled with businessmen rushing to Washington,
DC to beg for protection. You know, those guys got
into the four hundred items. What about us? We want
tariffs and our competitors. We want to score our competitors anyway.
(34:43):
But Taff says, I told you really, as Madison told
us all at the beginning of the Republic. Madison realized
very early that tariff was only going to generate conyism,
that it was a terrible means by which the rage
revenue because of the because it was built into it,
(35:04):
into it, the very nature of TAOS is the incentive
for businesses to try to lobby and influence Congress in
this case the president, to shield them, protect them with
this powerful new tool called a tariff. So nothing new
(35:25):
under the sun in that sense.
Speaker 7 (35:33):
Uh M, all.
Speaker 1 (35:43):
Right, I'm just trying to I'm trying to keep track
of the of the conspiracy theory about who is influencing
might take Oh but then he you know, then there's that,
all right, all right? Anyway, tariffs suck.
Speaker 4 (36:08):
And what they do at the end of the day
is they.
Speaker 1 (36:13):
Create a situation where in order to protect the interest
of your shareholders and in order to protect the interests of.
Speaker 4 (36:21):
Your business, you have.
Speaker 1 (36:23):
To go to Washington, you have to hire out your
man in Washington, you have to go lobby, you have
to go try to manipulate. It's a sad it's a
pathetic day. And what we're seeing is nobody really, nobody
in politics, certainly nobody really standing up for markets, for freedom,
(36:46):
for economic limity. There's just a zero constituency for that.
Everybody wants government controls, government regulations, government involvement, government ownership, government, socialism,
and one degree on one form or another.
Speaker 4 (37:02):
And that is the state of America today.
Speaker 3 (37:04):
That's where we are, and this is where Trump has
brought us.
Speaker 1 (37:07):
And this is why it is so shocking to me
to see people celebrate Trump. I get that they hate
the left. I get that they fear the left. Although
fear as I said, is a dangerous emotion. I get
that they hate the left, but that hatred has blinded
them to what they have chosen as an alternative.
Speaker 8 (37:32):
What they've picked, what they support, what they cheer, what
they endorse as an alternative, because it's not true that
it's just oh, it's a binary choice.
Speaker 1 (37:44):
Now they had a primary, and even it's a binary choice,
you don't have to then cheer and support everything the
guy you voted for does. But that is what is happening.
And it's because they want this. They want authoritarianism in
the name of freedom. The only way to get us
(38:04):
back to freedom is to impose it on the American
people by force, through authoritarian means.
Speaker 4 (38:10):
By crushing the left, whatever it takes.
Speaker 1 (38:17):
In the meantime, remember that Trump constantly says to us
an expression of America's strength in American vitality and America's
respect America has in the world. And of course it's
a tool of foreign policy. It's it's gonna put us
in a better position geopolitically. Well, we got some really
great images right now from the what is it the
(38:41):
Shanghai Security Conference. There is a corporation organization going on
right now in Shanghai, China, which is hosted by Chinese
president excheesing pain.
Speaker 4 (38:55):
Where it's hosting, you know.
Speaker 1 (38:56):
Most of the photographers of their capturing his one relationship
with Putin. Of course, Trump has a one relationship with
Putin as well. I mean, all these thugs have one
relationship with one another. Well, it's interesting, we've seen Putin
and she together for a while now. But what's interesting
is Modi is the Prime Minister of India. The Prime
(39:18):
minister of India, which should be an ally of Trump,
a country that should be our alternative to China, which
shouldn't be geopolitically allied with US on protecting the sea
lanes and protecting world trade from Chinese dominance. India that
(39:42):
there should be both a military and economic ally of
the United States is closing up, not just a Russia.
Speaker 4 (39:49):
They already had a.
Speaker 1 (39:49):
Close relationship, but that relationship seems to be intensifying getting closer. Indeed,
Modi and Putin rode in the same car to the
hotel where the conference was being held, just like Trump
and Putin road in the same car are symbolic and mody.
(40:11):
Is and Putin are basically saying Trump, you know not
think special and we're not going to jump every time
you dictate. And if America is going to turn its
back on us, which America did on India by placing
fifty percent tariffs on their.
Speaker 4 (40:29):
Goods, we've got other options.
Speaker 1 (40:32):
Now. China and India and our friends, they don't like
each other. They've got a boarder dispute. You know, India
now is the largest by population country in the world.
Speaker 4 (40:42):
They overtook China.
Speaker 1 (40:43):
There's real competition there, but there's also military dispute. China
also supports the enemy of India, which is Pakistan. It
supports it militarily, it sells its arms. So Modi is
very hesitant when it comes to China, but he's on
this trip very warm to the Chinese. He's sending a
(41:06):
message to Trump, You're not the only game in town.
We don't need you, and you betrayed us. We are
going to look elsewhere. I mean, seeing Modi Putin and
Chi together does not suggest to me that tariffs have.
Speaker 4 (41:26):
Increased the strength of the United States.
Speaker 1 (41:28):
It doesn't suggest to me that tariffs have made the
United States, you know, put them in a United States
in a better position from a geopolitical perspective.
Speaker 4 (41:40):
Quite the contrary.
Speaker 1 (41:41):
We've alienated the South Koreans, the Japanese, the Vietnamese, the Filipinos,
the Indonesians, the Malaysians, and more than anyone else, the Indians,
all potential allies in whatever struggle might come with China.
Tariffs and Trump's policies have alienated our potential allies, certainly
(42:06):
alienated Europe and Canada and Mexico. I'm not sure who
in the world right now is positive about the United States.
It's friendly and eager to work with the United States.
Quite the contrary. And this is all the consequence of
Trump's policies. So Trump is doing real damage to the
(42:28):
United States on a geopolitical sense, on a global sense.
Speaker 4 (42:34):
And has been for a while.
Speaker 1 (42:38):
And so his excuse for taris is strengthening the US Again,
it's a lie. It's exact opposite, exact opposite. They've wakened us,
and they've made it so that our people should be
our friends, actually tuning to our enemies and align with them,
(43:04):
or at least presenting themselves as aligning to them. I
don't think you're going to see much friendship long term
between India and China. I think the differences. They are
deep and significant, and I don't expect that to change,
but it's it's it really is damaging. You know. I
(43:29):
keep part of your remind I think I should always
remind you guys, and I guess the world out there.
Speaker 4 (43:40):
Freedom is the right strategy.
Speaker 1 (43:43):
Freedom is the right strategy. It's the right strategy when
it comes to geopolitics. It's the right strategy when it
comes to economics. It's the right strategy when it comes
to wealth. It's the right strategy when it comes to
you know, the world being of your people. It's the
reason we have government is to protect our freedom, freedom,
(44:03):
protection of rights. A government that moves in that direction,
even if it moves slowly, is a government I can support.
A government that works away against freedom, against individual rights,
shows this respect to individual rights, taxes its own people,
(44:24):
obstructs trade. Is a government working against my interests, against
your interests, and therefore is going to lose in the
geopolitical game. Freedom works. Freedom works, and it doesn't matter
(44:50):
if the president moving away from freedom as a Democrat
or the president moving away from freedoms of a republican.
The movement away from freedom hurts all of us. In
many many different dimensions, usually in many.
Speaker 4 (45:05):
More subtle ways than we would expect.
Speaker 1 (45:12):
Dave says on the chat, freedom is exactly what Trump
and is support us think they're giving us.
Speaker 4 (45:18):
I don't think that's true.
Speaker 1 (45:21):
I don't think they care when iota about freedom. They
are primarily motivated not by a positive not by a
positive motivation or our freedom. And I certainly don't think
Trump cares one iota about freedom. But I don't think
my Good does either. I don't think they know how
to define their word. I don't think they know what
(45:41):
it means. What they care about is the things they hate.
They hate foreigners, so they're very happy when.
Speaker 4 (45:52):
Fun trade is disrupted.
Speaker 1 (45:55):
They hate fonners, so they're very happy when the freedom
of those foreigners is taken away from them by masked
thugs with US badgers, you know, rounding them up in
the streets and shipping them out of the country. They
(46:16):
hate the Left, and it's not like they care about
DEI in particular or any of these things.
Speaker 4 (46:22):
These are just slogans for them.
Speaker 1 (46:23):
They don't really understand what it all means because they
have their own kind of DII. But they hate the left,
and di I was important to the left, so shutting
down DEI they support that. So it's all about what
they hate. It's allbout getting rid of what they hate.
It's not about anything positive. This vague you know, it's
going to make America great again, which to them means
(46:44):
the nineteen fifties, even though they have no clue what
the nineteen fifties meant it was about. It wasn't left.
That's all they know, or they think they know, because
in many respects it was it. So I don't think
that Trump or Mega think that they're giving us more
(47:06):
freedom because I don't think they think in terms of
freedom or they think in terms of positive values at all.
Speaker 4 (47:13):
I think they think in terms of.
Speaker 1 (47:15):
Really again, negative values, what they don't like, what they
want gone. Anyway, this general attitude that is manifest in tariffs,
it's manifest in ice, it's manifest in the border wall,
it's manifest in hatred for foreign students and denial of
(47:39):
visa visa requests across the board.
Speaker 4 (47:44):
Is having an impact.
Speaker 1 (47:46):
Not just on the geopolitics but on the kind of
local politics of people all over the world. And it's
manifesting itself in the fact it's manifesting and film from
the fact that tourism to the United States is dramatically down.
(48:08):
It's pneumatically down from countries like India, the UK, Canada, Canada, hugely, Mexico, Germany, Brazil.
These countries are seeing significant drops in travel to the
United States. And it's not just this summer, it's every
(48:29):
indication and every sign that this has sustained, at least
as long as these kind of policies make them feel
unwelcome in this country. It's taking longer to get tourist
visas much longer. US embassies around the world are much
less inclined to provide visas. But even for countries that
(48:52):
don't require visa to come into the United States, you're
seeing us significant decline in people coming here from there. Now.
Speaker 4 (48:59):
Part of it is that people are choosing to go elsewhere.
Speaker 1 (49:02):
America is a relatively expensive place to visit, and and
there are places like Spain, Fans, Italy, Thailand where they
can get a lot more bang for the buck, if
you will. But a lot of it has to do
with attitude. So tourism is taking a hit across many
(49:25):
of the church locations, whether it's Disneyland or hotels in
New York or hotels in Miami and resorts and other
things in the in the Florida area. You know, Brazilian
tourism is down about five percent this year, but so
is tourism across the board. Miami, New York, Orlando all
(49:47):
have taken a hit recently. And this is you know,
for example, German visitors to the United States have declined
by tw twenty eight percent.
Speaker 4 (50:06):
Uh and Giman spent a lot of money when they come.
Speaker 1 (50:09):
The relative for Europeans fairly well off. So this is
across the board. Another impact of them make America great
again by alienating the rest of the world and by
basically renegging on our own values, on undermining everything that
we stood for, undermining everything we stood for, not just
(50:31):
in our own minds, but for the world itself. America
is a shining city in a hill to some extent
still is it was perceived to be, and now it's not.
Now with ice going around the streets with masks rounding
people up, somewhat you do in a shining city in
a hill, and the US is is now making it
(51:04):
harder to come. So we talked about the fact that
visas are harder to get, but now the US is
adding on a two hundred and fifty dollars visa integrity
fee which is imposed on travelers to the United States
two hundred and fifty dollars, which makes travel to the
United States turning fifty dollars more expensive and again likely
(51:25):
to reduce tourism significantly to the US. But just to
give you a sense of how, you know, inconsistent, random,
bizarre Trump ares, Trump is now approved approved six hundred
(51:49):
thousand student visas for China. Chinese students are going to
find it relatively easy to come to American universities with
student visas. MAGA is flipping out right Mega's like pissed off.
Fox News host Laura Ingram says, I just don't understand
(52:12):
it for the life of me. Those a six hundred
thousand spots that American kids won't get, American kids won't get.
I mean, that's bs, that's nonsense, And of course it's
six hundred thousand paying customers. Laura Luma. Laura Luma wrote, quote, nobody,
I repeat, nobody wants six hundred thousand more Chinese students
(52:35):
aka communist spies in the United States. So why does
Trump want six hundred thousand student visas. Why is he
so sympathetic to the Chinese? Why is he's shutting down
and making it more difficult to get visas in every
other front? Student visas for Chinese students is something he.
Speaker 4 (52:56):
Is an advocate for. It's fighting for.
Speaker 1 (53:01):
What is the issue he's sucking up that she's a
xi jinping, He's sucking up to a dictator, he admires,
he respects. Here's what Trump said, I have a very
good relationship with Chinese president. I think it's very insulting
(53:24):
to a country when you say you're not going to
take your students.
Speaker 4 (53:30):
You know, I get along with China.
Speaker 1 (53:32):
China's paying us a lot of money right now, they're
paying us hundreds of millions of dollars, he continues, you
(53:52):
know he detty caller asks him if he expected anything
in return for allowing students into the country, and Trump says, no,
I just think it's I think it's I think we're
doing the right thing to do. It's good to get
along with countries, not bad, especially you know, nuclear powered countries.
(54:15):
I mean, the guy is a running joke, is a
running contradiction, an ongoing constant contradiction. They suggest that maybe
the Chinese have been buying Trump meme coins, and he's
trying to please them that way. Maybe the parents of
(54:37):
the students applying for the visas are buying meme coins
and bribing Trump to do this. It's just beyond comporhension
how this guy emotes and turns those emotions into actions
as president of the United States President, it's mind boggling.
(55:02):
Trump is mind boggling. Anyway, six hundred thousand Chinese students,
and I'm all for that. I'm big on student visas.
I let them in, they pay, they wait, they pay
out of state tuition, they come here, they get a diploma.
Hopefully we'll allow them to stay and they can work,
(55:24):
and they can immigrate to the United States. It's great.
They're incredibly productive. So I'm all in favor of all
of that. But so in this I agree with Trump.
But he's doing this to please chi that's the amazing thing.
And then he says, oh, it's the right thing to do.
If he ever came in his life about doing what
the right thing to do is. But it's basically, I'm
(55:47):
sucking up to a nuclear powered nation. This is the
right thing to do. This is how you treat a
nuclear powered nation by sucking up to them. I keep
shrugging because I don't know what to do anymore about Trump.
And you know, again, I know a lot of you
already convinced, and I'm just repeating stuff that you already
(56:09):
agree with. But there's so many people out there who
admire this guy. Anyway. I don't know if you've seen
the data, but the data suggests that since Trump deployed
the National God out of state National God to wasn't
in d C and give them weapons and have them
(56:31):
patrol around different neighborhoods around d C, violence is way
down in d C.
Speaker 4 (56:39):
Isn't that a shock when.
Speaker 1 (56:41):
You put lots of people out into the streets with
arms that again patrol and going to you know, potentially
catch you if you commit a crime. Crime is down,
in particular, you know, crime that is easy to observe
(57:02):
and easy to catch.
Speaker 4 (57:03):
I guess homicides are down.
Speaker 9 (57:06):
We've got robbery is down, Booglooya is down, motor vehicle
theft is down, and the biggest one, I mean eighty
seven decline in carjacking.
Speaker 4 (57:19):
Because you've got a cop in the corner.
Speaker 1 (57:21):
How you in a contract? Not a cop? A federal
agent with a gun. So yes, there's lots of ways
to reduce crime. And indeed, you know an obvious one
is to spend more money on police and have more
police in the streets. And that's what every city in
(57:42):
America should do, increase policing. But if you put almored vehicles,
if you put you know, men with similar Americans at
the corners, I mean Boukel figured it out. Basically, round
out all young men if they have a tattoo. If
they don't have a tatto, they're fine, But if they
(58:03):
have a tattoo, round up all young men and throw
them in jail. That will reduce crime. Absolutely reduce crime.
I've often said, you've heard me say on this show.
If you want to reduce crime in particular, I'd say rape,
then all you have to do is have a co view.
Men are not allowed out of the house after six pm,
(58:25):
and they can leave home at seven am, and I'll
make it seven pm, twelve hours. They have to stay
at home. They can't be in the streets. If they're
the streets, they'll get arrested. Crime will plummet, and make
it only men under sixty five, because that's Crimit bost
the crimes and crime will plummet. If that's your standard,
then do it. My standard is freedom and liberty, and yes,
(58:49):
crime is going to be higher in freedom and at
least crime between individuals. Take the state out of it,
crime is going to be higher. And the way to
deal with crime underfreedom is to increase the police, but
not have them militarized and armed in every corner. Have
(59:12):
But you know, crime is too high in many parts
of the United States. By the way, everybody talks about
la in Chicago and New York. New York crime is
way down, but everybody talks about crime in those cities.
And Chicago just had a horrible weekend. Labor Day weekend
was just has just been horrible in terms of the
number of motives in Chicago. And that'll that'll give a
(59:34):
lot of fuel to Trump wanting to send in troops
to Chicago. But the reality is that the most violent crime,
the most violent cities in the United States and the
Midwest are in the South. Many of the most violent
areas in the United States are rural areas. Do you
(59:54):
know that the most violent city in the United States
is Anchorage, Alaska? I didn't know this Anchorage, Alaska is really,
really is a pro capital per hundred thousand more motives
than any of the place in the US. Anchorage, Alaska,
I would think it would be too cold to commit crimes,
and Anchorage. Maybe cold and darkness enhance criminal activity. I
(01:00:19):
don't know. But in the South, almost every major city
in town and many rural areas in the South very
high crime rates. Indeed, New York City is safer than
many many, many rule.
Speaker 4 (01:00:36):
Counties in the United States.
Speaker 1 (01:00:38):
The idea that crime is only a city focused thing
is just untrue. And yes, militarizing, militarizing law enforcement, placing
police everywhere. Yes, that war would use crime, There's no
question about it. Whether it's what you want, whether it's
(01:01:00):
the kind of place you want to live, is a
good question.
Speaker 4 (01:01:04):
I'd rather reduce crime with a better culture.
Speaker 1 (01:01:10):
I think doing things like you know, eliminating the warfare
states and increasing the number of cops. But a culture
of freedom, a culture of liberty, is going to be
a culture with a lot less crime than we have today.
A mixed economy I think generates crime. One second. My
(01:01:38):
challenge with Europe and air conditioning continues.
Speaker 4 (01:01:40):
My air conditioning just shut.
Speaker 1 (01:01:41):
Down without notice, and it won't go below twenty four
degrees centigrates. I can't. It's centrally controlled to never be
colder than twenty four centigrades. Go figure that. But that's
Europe and a conditioning. It is not geared towards increased productivity.
(01:02:02):
It is not geared towards comfort. It is geared towards
I don't know, some green energy target. Or maybe it's
geared towards the discomfort.
Speaker 4 (01:02:11):
Maybe that's the motivation.
Speaker 1 (01:02:14):
All right, let's see. So, yes, crime in d C
is down, which is not surprising. Criminals are to wait
it out until Trump leaves office. An interesting article on
slow Boring. Slow Boring is the blog or the sub
stack of Matt and glacis the kind of left of
(01:02:36):
center economist, left of sund economists.
Speaker 4 (01:02:40):
Yes, in my vacyard economist.
Speaker 1 (01:02:43):
And U Matt has a guest writer, Helena Bennett, writing
this article. And it's the title of the article I
think is is really interesting. It's it's Denver's restaurants are dying,
and we examine why Denver's restaurants dying?
Speaker 4 (01:03:01):
What is it? Why in Denver?
Speaker 1 (01:03:04):
It turns out, and I didn't know this, that the
city of Denver has the highest minimum wages in the country.
It has unbelievably high minimum wage and it has you
know how they calculate the minimum wage because in restaurants,
(01:03:24):
waters get tips. They give you an allowance for tips,
so you can let's say the minimum wage is twenty,
and then you get a three dollars an hour allowance
for tips, so you can pay seventeen under the assumption
that they're going to get the three dollars from tips.
Now they get a lot more than that, but they
get three dollars, so you as a restaurant have to
(01:03:45):
pay the seventeen, not to twenty. Anyway, Denver has a
very small allowance for tips, so restaurants are forced in
Denver to pay their weight staff much much higher wages
then is typical around the country. It's not just wait staff,
(01:04:05):
it's everybody who works in the kitchen, everybody who works
in the restaurant.
Speaker 4 (01:04:11):
So Denver is losing the restaurant business.
Speaker 1 (01:04:19):
People are literally shutting down restaurants basically saying the reason
is costs. And this is primarily full service restaurants, owner
operated restaurants, independent restaurants, not the big corporate restaurants.
Speaker 4 (01:04:34):
They can, they can kind of manage the costs, and
the number of Denver area.
Speaker 1 (01:04:40):
Full service restaurants is slowly declining. It's been declining for
a decade now. And the argument is, you know, a
lot of it kind of hit them hard with COVID
like everywhere else. But then beyond that, it's costs. And
the biggest cost here, beyond taxes and regulations and all
(01:05:00):
of that, is minimum wages. Now bring this up because
I think it's important for us to constantly harp on
the idea minimum wages are destructive. Minimum wages are destructive.
(01:05:21):
People pay a price. The price is unemployment. The prices
less restaurants. The price is less, you know, less employment. Now,
on top of this, what's interesting is there's a massive
shortage of employees. There's about twenty six thousand open positions
in the restaurant business for wages, servers, you know, people
(01:05:46):
in the kitchen and so on, and a lot of
that is a consequence of the fact that, well, we
don't have enough of immigrants coming into this country, and
the ones that have come into this country and tend
to work in Denver restaurants are being rounded up and
center of the country deported, and many of them are
(01:06:07):
leaving of their own free will. By some estimates, between
a million and two million illegal immigrants have left the
country since Trump was elected. Because they don't want the
hassle of dealing with ice, they just pack up and leave.
So Denver, for example, I think this is true of
(01:06:29):
a lot of cities, but Denver in particular, property taxes, utilities, insurance,
food and drink price is rent, and of course one
of the highest minimum wage is in the country are
killing Denver restaurants. And then on top of that just
a shortage of labor. So even though they're paying these
really high wages, if you take into account what they
(01:06:51):
really get on tips, they cannot get people to come
into work. So much for the all those kids sitting
in the basement, just waiting for the illegal immigrants to
leave so they can take their jobs. Another one of
those bold face, unequivocal lies that the Trump administration and
(01:07:13):
MEGA keeps telling you, Oh, there are plenty of people
in America to take those jobs, plenty of people all
in their mother's basement. Just wait until the illegals leave
and these companies have to pay the higher wages and
all these people will rush to take those jobs. Oh no,
(01:07:36):
by the way, the story actually says that, for example,
in Houston, where there is no you know, where there's
a very low minimum wage and where the cost of
living is very low, they're very low regulations, the very
low controls. The restaurant business is booming and the city
continues to grow. There's no end to how fast Houston
(01:07:59):
is growing, and property prices are not going up. That is,
it's not super expensive to live in Houston, and yet
nobody learns. Nobody learns. They still believe in the minimum wage.
The minimum wage is the way to go. All right,
(01:08:19):
talking about illegal immigrants, let's talk about what's going on
in the UK. So the UK has basically abided over
the last decade or so, probably longer, but suddenly over
the last decade by these crazy international rules to basically
(01:08:43):
say that you have to admit asylum seekers, you have
to bring them into the country. And the reality is,
and this is true in the United States as well,
what the Bide administration was doing is you don't just
have to admit them into the confry, but you also
have to feed, clothes, and house them. You have to
(01:09:05):
provide them with the means by which to live. They're
not coming to work, and indeed, in the United States
then our louder work as their paperwork is being.
Speaker 4 (01:09:17):
Processed, so they're out of the workplace.
Speaker 1 (01:09:20):
So the only way to live is to be wards
of the state, to live off of the state, to
be part of the warfare state. Now, since there'd been
a flight of these asylum seekers into the UK, I
think people around the world have figured out, oh.
Speaker 4 (01:09:39):
Just announce asylum, just to clear asylum.
Speaker 1 (01:09:41):
And there are plenty of horrible places around the world
where you can easily claim that you're being persecuted and
justifiably that you really are running away from persecution, and
you can go to confry like the UK and be admitted. Yeah,
they have follows you, feed you clothing, and they do
(01:10:07):
in the United in the United Kingdom, just like in
Manhattan and in other places around the country under Biden.
And I don't know what's happening to these people right now.
I think many of them are being deported. But in
the United Kingdom, the government, you know, basically rented out
hotels and put the asylum seekers into hotel rooms. Now,
(01:10:30):
this is a complete abuse of what the government is
there to do. I mean, it's fine if you want
to come to the UK. You can want to come
to the US as an asylum seeker, but you have
to pay your own way. You have to be able
to work, you have to be able to make a living,
and if you can, then leave. But under no circumstances
(01:10:58):
should the state be providing these people with welfare with funds.
And of course the fact that they're providing them with
housing and funding only provides an incentive for everybody else
in their country to come over to you and flood
the country with people who are not going to work,
who are just living in housing provided by the government and.
Speaker 4 (01:11:25):
Being provided with welfare.
Speaker 1 (01:11:28):
Find as sponsors will need to support you or get
a job, get a job and support yourself. So I'm
not a make fit of sponsors because I mean, because
it'll run out ultimately, and you know, people, people need
(01:11:49):
to find jobs. I mean, I'm sticking to my work
based immigration approach. I think that's the best approach in
a mixed economy. In the United Kingdom, the government is
housing an estimated thirty two thousand people in hotel rooms
(01:12:10):
in hotel rooms in all over rural England. This is
not in London. This is all over the place now,
you know, as it happens. In July of this year,
an Ethiopian asylum seeker housed the local hotel in Epping, Epping, UK,
(01:12:34):
Epping was charged with the sexual assault of a teenage goal.
Now this incident just you know, inflamed the residence of Epping,
but also was just a you know, people who opposed
(01:12:56):
the whole asylum issue and opposed for all these immigrants
in hotels and who are upset by the grooming gangs
and everything else. And you know, this is cited real
anger among the residents. So demonstrators have come out and
almost every day demonstrating against the use of hotels to
(01:13:18):
accommodate asylum seekers. They're doing apping, but they're also doing
in the other places, the thirty thousand of them in
different hotels. At some point the Epping Forest District Council
got a High Court injunction a high court is the
local court, not the Supreme Court, to vacate the Bell
Hotel by mid September. But then that injunction was overturned
(01:13:43):
by a Court of Appeals and the Court of a
Bill allowed the one hundred and thirty eight asylumn seekers
at the hotel to stay there, which is just inflamed
the people even more so. Now you get protests constantly
at the hotel, at the council officers, drawing crowds of
(01:14:06):
residents and of course many many right wing groups from
a variety of the political parties. But of course reform
is the biggest one egging this on. This is their issue.
Immigration is their issue. Many of these demonstrations have turned confrontational,
you know, they've banned face covering, they've they've and and
(01:14:29):
there's there's been some violence initiated. And of course this
is representative of something going on on a nationwide scale,
that is the resentment that the British people feel towards
I think part of it legit, part of it not
towards these immigrants. It's it's also lumped in with the
(01:14:50):
whole issue of you've got all these Muslim immigrants in
the UK who are not assimilating and who are demanding
Sharia law, who demanding, you know, Britain become a Muslim state,
and the.
Speaker 4 (01:15:07):
Brits are offended by that, as they should be.
Speaker 1 (01:15:11):
And it's all connected, right, because these people couldn't come
to the UK if they weren't funded by a warf
estate and if they had to work for a living,
if they weren't on welfare, then they wouldn't be.
Speaker 4 (01:15:26):
Able to stay in the UK.
Speaker 1 (01:15:30):
So the mixed economy makes it possible for immigrants, many
of the Muslim to come to the UK, not assimilate,
non integrate, and you know, spout this Sharia Islamist hollor.
Speaker 4 (01:15:52):
Which only causes because it always does.
Speaker 1 (01:15:55):
This is exactly what happens. The local population to go,
wait a minute, that's not acceptable, and as a consequence
you see parties like Reform Niger Farage seize on that
to push anti immigrant legislation.
Speaker 4 (01:16:14):
So they want mass infotation among other things.
Speaker 1 (01:16:19):
Right, and nobody blames the warfare state because nobody wants
to challenge the office state. Niga Farage suddenly doesn't want
to challenge the warfare state. They want to just make
it about this limited issue of immigration instead of looking
at the wider question.
Speaker 4 (01:16:38):
The left purely motivated by.
Speaker 1 (01:16:41):
Altruism, I mean, these are suffering people. I mean literally,
Today the UK Home Secretary announce that the UK will
streamline the process of Garzen from Gaza students to come
to the UK, along with granting gozens generally permanent resid
and see in the UK, now we can explain that
(01:17:03):
other than altruism there suffering.
Speaker 4 (01:17:07):
We're not we're rich.
Speaker 1 (01:17:08):
Therefore we must we must take care of them. It
is amala judy am responsibility. Anything else will be damn
right evil. They have rights, after all, that's what Eupean
declaration of rites us. Everybody has all these rights to
housing and living and clothes and all the stuff which
(01:17:30):
the government has to provide if you can't provide for yourself.
And this is going to explode. I've said this for
twenty plus years that ultimately what will happen is whether
it's the Brits, of the Germans or the French. Probably
the Germans, they will one day to wake up and
they'll say, we've had it, We've had it with the Muslims.
(01:17:53):
It's time to get rid of them. And if they're
ever concentration camps in Germany again, they will be concentration
camps of Muslims and they will kill them, innocent, guilty.
It doesn't matter.
Speaker 4 (01:18:10):
Europe will not become Muslim.
Speaker 1 (01:18:12):
It might become fascist hell, but it will now become Muslim.
But the Muslims are egging these racist nationalists on. They're
poking them up, poking them, and many good people, many
honest people, many non fascist people, are coming to the
(01:18:33):
conclusion these you know, these Muslims, they want to impose
Sharia law. We don't want that, So we better support
the people who want to get rid of them, and
we'll turn a blind eet how they get rid of them.
We won't pay too much attention to how they do it,
as long as they get rid of them. And if
it's part of that, I lose my freedom and liberty.
Well I was going to lose it on the Sharia
(01:18:53):
law anyway, might as well lose it to people I know,
people who are like me. The logic of this is
just I mean.
Speaker 4 (01:19:06):
One of the things that is happening in the UK.
Speaker 1 (01:19:09):
Is in response to the asylum seekers and the issue
of Muslims and everything like that, is people in the
UK have announced a campaign called Operation Raised the Colors,
where people go around and they put up Union jacks
and so Georgia's crosses, these British flags, the flags of England,
(01:19:32):
the flag of the Union in all kinds of different places.
Now you know this is viewed by the mainstream media
and by the Labor Party and by many of the
local council governments. As you know, this is offensive to
(01:19:53):
the immigrants, and you know this is the fall right
in doing this. And the funny thing that's happening is
that you've got police and local officials going around in
rural England all over the place tearing down British flags,
(01:20:14):
and of course they're not They're citing safety concerns, unstable ropes,
risked the vehicles or the lamps where the flags happen
to be hanging, which is bs Obviously, I bet you
nobody's tearing down Hamas flags, but British flags, since you're
(01:20:35):
just Crosses flags.
Speaker 4 (01:20:36):
Those are being torn down.
Speaker 1 (01:20:39):
And people are even more upset because of that. Again,
the government is siding with the Muslims. The government is
siding with the anti Brits. I see, I have a
(01:21:05):
new feature, a new feature with with YouTube that allows
me and they really encourage him YouTube. The people at
YouTube are really passionate about this. They want me to
set goals for super chats. Now they can't set dollar goals.
Those have been doing for a long time because of
(01:21:26):
a software Miss Love provided me. I can I can
do that separate from YouTube. But YouTube have built in
a goal for the number of super chats. So we're
going to do a thirty minute challenge. A thirty minute
challenge is going to be ten super chats a five
euros or more, so I don't know seven dollars or more,
(01:21:52):
and you know so. So we want ten superchats over
the next thirty minutes, five years or more to meet
our YouTube challenge. And if we meet the challenge, I
won't mention superchats for thirty minutes. I won't mention fundraising
(01:22:13):
at all. So starting, I guess, starting now, they really
want me to test this out, to help me out here.
(01:22:34):
I just did ten because a lot of super chats
already came in. The goal was actually running on the
first thirty minutes, and we got fourteen out of I
think thirty that I set it up.
Speaker 4 (01:22:47):
So let's go for the goal. We're looking for.
Speaker 1 (01:22:48):
Ten superchats are five dollars a more. Anyway, You've got
local councils in Birmingham, York Tower removing flags from public
infrastructure against citing safety concerns. You've got the Brits being
super upset about this You've got the Epping thing where
the local council says we want to shut down the hotel,
(01:23:10):
and some courts, some higher court saying no, you can't
do that. They have rights, rights to your money and
your time and your effort.
Speaker 4 (01:23:22):
And this is all.
Speaker 1 (01:23:25):
Boiling up in England, and I really think there's elections today.
I think Labor would lose in a landslide. I think
Reform would win big, I mean big, and immigrants would
be in big trouble, and I think so would the
UK generally, because I don't think Reform actually has a program.
And just like right wing parties all over Europe, the
(01:23:48):
very left wing when it comes to economics. I mean,
Naja Faraz might not be but he plays to the
left wing because he understands that his ultimate constituency is
right wing on socially shoes and left wing and economic issues.
So you get the worst of all wolves. So you're
(01:24:09):
getting a real conflict in England. Supposedly there's going to
be a big demonstration next weekend over this flag issue
that is.
Speaker 4 (01:24:19):
Going to happen in Yeah, I'm not sure where London.
Speaker 1 (01:24:23):
Maybe the authorities are going to bring out the police
enforce they're going to label this right wing crazy thing,
but this is people just frustrated, and it is indeed
the right wing capitalizing on their frustration.
Speaker 4 (01:24:38):
But it really is a situation.
Speaker 3 (01:24:40):
Where until you get rid of the mixed economy, until
you get rid of.
Speaker 1 (01:24:46):
The incentive for people who don't want to work necessarily
to come to the country because you're providing for them.
Speaker 4 (01:24:56):
Until you get rid of.
Speaker 1 (01:24:58):
These incentives, the problem is going to continue to exist.
And the problem is that I think the right wing
wants to get rid of the immigrants, but they don't
want to get rid of the warfare state. And that
just means you'll get different manifestations of the issue. You'll
(01:25:18):
get different problems, different challenges, but the problems and challenges
will still be there, all right. As for this thirty
minute goal, we now have five of the ten, five
out of ten, so I'm still looking for five more
super chats. I guess stickers count. I'm pretty sure stickers counts,
(01:25:39):
although I don't know when to Yeah, I think yeah,
stickers definitely count. So stickers all super chats. We've got
three to go to get our goal. This will be
in a lot shorter time than the the thirty minutes
(01:26:01):
that I signed to it, but which would be great,
and then I can report back to YouTube. Yes it worked.
It's great because there he got. I have asked them
to give me. The thing that I want is a
list from them of who gives the most money in
any particular month, so that I can compliment Michael on
(01:26:24):
always being at the top of that list. And then
then the real battle is for second place, because I'm
pretty sure that Michael gives the most because he gives
every single show, and he gives often very large amounts
in any particular any particular show. So I'm pretty sure
Michael would win the monthly competition. But I think you
would get some people's competitive juices going, and we might
(01:26:47):
get some increased revenue because of the competitive jewises. All right,
we made the goal. I think Dave independently, Dave Dean
just independently got us there. He did one, two, three, four,
four of the stickers. We're just Dave, so thank you. Okay,
(01:27:07):
so now I'm not allowed to mention super chat for
thirty minutes, so until five PMS Coast time, I won't
mention super Chats. If I do, then scold me. But
that was it we achieved the goal. We achieved it
like that. I'll have to do this more often. This
is fun, all right, Dave, thank you, thank you, thank you.
(01:27:29):
That's very generous. Yeah, I mean it would be good
to see who the top five super chat supporters are
every month. That would be I think a cool feature.
If super Chat would provide that for me, that would
be great. All right, let's see, let's do our sponsors,
because we want to know who pays the bills around
(01:27:52):
here and who gets to influence my you know, because
I'm I'm available for sale, so we get you know,
that's what I'm being told them to chat. So we
want to know who influences met. I an institute. I
think we talked about this ALI live, which are courses
that live instruction, homework assignment. You can take it. But
(01:28:16):
the beauty of it, this is what used to be AARU.
The cours isn't O being off it. You don't have
to apply to take the courses. You do have to pay,
but you don't have to apply, and you can I
think some of you can get scholarships to take them.
Students I think can get scholarships, but you can apply
to take them. There is a discount for YBS listeners.
(01:28:39):
It's twenty five YBS ten. Twenty five YBS ten in October. First,
I think three courses are starting the philosophy of objectivism,
the objectivism through Ian's fiction, and I forget the third
the name of the third course, but those courses are amazing,
amazing courses. Really if you want to deepen your understanding
(01:29:03):
and have an opportunity really true and the principles of objectives,
and these courses are great examples for that. Again, you
can take you can do the homework, you can choose
not to do the homework, you can take the courses live,
you can listen after the fact, unbelievable flexibility. You will
also get a coach. You will be assigned a coach
(01:29:23):
that will both help you out with kind of questions
you might have on courses you want to take. But
generally there'll be a career in life coach applying objectivism,
helping you to apply objectivism. So hopefully you guys will
sign up. Go to ainman slash start here to sign up.
Don't forget the YBS discount code twenty five YBS ten
(01:29:46):
in order to get a ten percent discount on whatever
the cost is our tep sign is a sponsor of
the show, and Alex is of course the leading voice
in the world for freedom of energy, freedom in energy,
of the importance the cultural civilizational importance of fossil fuel.
(01:30:09):
By following Alex, I think you'll learn a huge amount
about the world of energy. You'll also learn a lot
about what's happening under the Trump administration. You'll learn about
the issues that the environmentalists keep bringing up and how
to deal with them. You'll you'll you'll gain talking points
for your conversations about environmentalism with people. So check out
(01:30:33):
a substack Alexeftein dot substack dot com. It's a great,
great resource for anybody who's interested in these kind of topics,
and everybody should be because they are so relevant to
our lives. And lastly, our sponsor is hander Shot Wealth
hender Shot s h O T T at the end
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Wealth all one word, Hendershot Wealth dot com, slash ybs.
You can find information there about their product that it
can really reduce your liability, your tax liability for capital gains.
So if you have a large stock portfolio that's appreciated
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(01:32:01):
my YouTube channel.
Speaker 4 (01:32:02):
On the sponsors in the playlist for sponsors all right.
Speaker 1 (01:32:07):
And finally, if you want to support the Ion Book
Show on a monthly basis, which is best for me
easier for you, check out Patreon, Patreon dot com, put
it in you on book Show and check out the
different options and different levels of support that you can
provide anywhere from two dollars to one thousand dollars a month.
I really really appreciate it. Again, this show is made
(01:32:30):
possible by the support of you. Without you, guys support,
there is no show. All right. I feel like I'm
losing my voice for some weird reason. But anyway, we've
got a lot of questions, a ton of the super
chat questions, and we have, let's see a few of them,
(01:32:55):
a fifty dollars. So let's start with the fifty dollars questions,
go to the twenties, and then work our way down.
Speaker 4 (01:33:08):
Let's see not you have a.
Speaker 1 (01:33:09):
Algorithm analyzing crime statistics to figure out whether the rights
authoritarianism is really just concern about crime.
Speaker 4 (01:33:18):
It's like analyzing poverty statistics to.
Speaker 1 (01:33:20):
Figure out whether the lefts authoritarianism is really just concerned
for the poor. I like that, you know. I like that.
It is useful though, to analyze statistics anyway, because it's
interesting to know it's poverty rates going down they were
before the worn poverty was instituted significantly.
Speaker 4 (01:33:40):
In the black community. Poverty rates were.
Speaker 1 (01:33:42):
Going down from significantly during the fifties and sixties, and
they halted, they stopped going down significantly because of the
worn poverty.
Speaker 4 (01:33:52):
And the same is interesting about crime. But I agree
with you, the essential is the.
Speaker 1 (01:33:56):
Authoritarianism, and yes, the right is authoritarian in one way
in some ways, and the left is authoritarian in other
night ways, and.
Speaker 4 (01:34:09):
Uh, it's it's it's a sad world we live in.
Speaker 1 (01:34:13):
And the while the stats are interesting, the stats are
not the defining They're not what should determine whether we
should engage.
Speaker 4 (01:34:28):
With the authoritarian actions.
Speaker 1 (01:34:29):
Authoritarian authoritarianism is never warranted. I mean, you could argue
in times of unbelievable emergencies, you know, maybe a temporary
kind of authoritarian measures, like in El Salvado, which had
motivates the highest in the world, you do something to
lower them, and then but there's no there's never a
(01:34:52):
Then authoritarianism doesn't lead to freedom or theotianism just leads
to more authoritarianism always.
Speaker 4 (01:35:01):
Always, Liam, Oh, this is part two. Let me find
part one. Where's part one.
Speaker 1 (01:35:11):
To do? It's difficult if you do the higher one
as a You've got to do the.
Speaker 3 (01:35:17):
Higher dollar one as a part one always, because then
I have to find the part one.
Speaker 1 (01:35:22):
Okay, Liam, Part one. I get what you mean when
you say there's no one game changing event to alter
the culture. But you didn't mention that if an obil
price winner in physics were to credit rands and pistemology,
and he continues how that would be a big lead
forward towards when being taken more seriously. The same could
(01:35:45):
be said for Blake Souls if in twenty years the
whole world is flying in supersonic planes and he became
a major celebrity and credits rans publicly, Yes, I mean absolutely.
I mean, imagine if all the Silicon Valley, the guys
who were influenced by iron Rand in the nineteen eighties
and nineteen nineties had given her full credit for it,
(01:36:07):
had talked about it and talked about it well, had
defended her well and talked about it rightly. I think
she would have. It would be a big step forward,
There's no question about it. And I do think Blake
Scholes has opportunity here if he's willing, right, I mean,
if he's twenty years, everybody's writing around in Boom and
(01:36:30):
Blake is a celebrity, you know, I hope he he
talks a lot about Ironmand at that point. That would
be huge for the movement. Any successful person. Look, John
Allison did that. Now you know, John wasn't a CEO
of a cool industry, but he was maybe the most
successful bank CEO of the later twentieth century. He was
(01:36:55):
incredibly influential and incredibly successful. He talked a lot about Iran,
and there's no question that had a huge impact. And
now if you take somebody in a very cool industry,
on the cutting edge of technology, on something everybody is
paying attention to, and they credit Iran, Yeah, that would
(01:37:16):
have a big, big step forward, that would be that
would be big. I hope it happens, Amen. I just
came in with one hundred dollars. Thank you almen, really
really appreciate that got us really really close to our
dollar goal for the third hour, which we.
Speaker 4 (01:37:34):
Haven't answered yet. So we're in great shape.
Speaker 1 (01:37:38):
Thank you. Amen. Good to see you. Shoot me you're
back home, all right. Richard says, one of the most
positive trends in the world today, What gives you greatest
cause for optimism? Well, I mean not many, particularly if
you think about trends, because trends are a different than
one off phenomena. I mean something AI is something that
(01:38:00):
gives me a lot of cause for optimism, you know, AI.
I still think we're going to see a lot of
biotech breakthroughs, maybe not at the speed I we'd like,
Maybe not at the speed at which my life depends on.
But we will see a lot of I think biotech breakthroughs,
and maybe not in the United States, not an RFK
(01:38:22):
has his way, those bakthroughs won't be in the US.
Maybe they'll be in China, which is you know, investing
a lot more money and in some extent giving it
scientists a lot more freedom that we're willing to do
here in the United States, and so AI biotech potentially,
(01:38:52):
and then me Lay in Argentina. Those are really the
only really things that causes for optimism. Now the question
with me Lay is is he well, I'll give you
one more. Is he a trend? Is he a trend?
I think the are the cause for optimism. And this
is trick here because we'll see, we'll know in the
(01:39:17):
next few months. So many has been the courts. I
do think we still have a court system. We still
have courts that are rational, that are reason based, and
then seemed to be willing to reign in government power.
(01:39:40):
We saw that with reversing Chevron. You know, we've seen
that with a lot of kind of economic liberty issues
over the last few years and also separation of powers
issues over the last few years now that the real
question is going to come down. Are they willing to
reign in Trump? Be willing to reign in Biden? Remember
(01:40:02):
one of the reasons they the Spreme Court repeatedly knocked
down Biden's efforts to do student debt. Uh, you know,
waive student debt, eliminate student.
Speaker 4 (01:40:15):
Debt was a separation of powerization. It wasn't. Congress did
not authorized.
Speaker 1 (01:40:21):
The president to do that. He needed Congress to pass
a law that eliminated student debt. He couldn't do it,
you know, unilaterally. Will they be willing to hold Trump
to the same standards, for example on tariffs? But the
courts generally, and you know, when I've had Larry Larry
(01:40:43):
Salizman on and I've had Steve Simpsons on, They've been
very optimistic about the courts. And I think generally there
is a tendency in the courts to have a high
respect for property rights, much higher than any of the
other branches of government. So the courts assigned a sign
of optimism or optimistic reason for optimism if it holds,
(01:41:08):
and will know if it holds in the next the
next few months whether this is it wasn't just under
Biden that they were willing to do this, But are
they willing to do it under Trump? Even if it
means alienating Trump? All right, let's go to the twenty
(01:41:33):
dollars questions. Quite a few of those today, Thank you guys.
You guys have been very generous. Chasbatt The vegan crowd
is very similar to the anti abortion crowd. One thinks
that chicken are people, the other things that embryos are people.
One wants you to stop eating meat, the other wants
you to stop having sex. Yeah, I think that's right.
(01:41:55):
Although I wouldn't call them the vegan crowd. I know
vegans who not like that, many vegans or not like that.
Speaker 4 (01:42:03):
I would rather call them animal rights.
Speaker 1 (01:42:04):
People, the animal welfare people.
Speaker 4 (01:42:09):
By the way, the.
Speaker 1 (01:42:11):
One of the short stories, the short story, the final
short story Onnold's War from Folks in the Road that
I talked about yesterday was very much about kind of
the animal rights people.
Speaker 4 (01:42:23):
Very critical of the animal rights people.
Speaker 1 (01:42:24):
So that's good. So yes, But I agree they think
that animals have rights, and they think that embryos have rights,
that they're just like adult people. And one wants you
to stop eating meat, the other wants you to stop
(01:42:45):
having sex. I think stopping having sex is a bigger
deal than to stop eating meat. Sex more valuable than
eating Michael, maturity is more than just a late gratification
of taking the future into account. It's just sign of
(01:43:05):
maturity is when a person could admit they've done something
wrong and tell others about it before they discover it.
I mean, sure, but that is you know, that's a
(01:43:26):
pretty high ball. There are a lot of people I
know who never do that.
Speaker 4 (01:43:31):
And who are mature in every other aspect.
Speaker 1 (01:43:34):
Again, I think basically maturity is about being rational and
about having the capacity to be rational.
Speaker 4 (01:43:42):
But I think that what is the.
Speaker 1 (01:43:44):
Contrast, right, The contrast is people are super defensive about
being wrong. But I know a lot of adults are
super defensive generally mature, But the defense are about this
I don't know. I still think that maturity is primarily
about not being whim driven, not being instant gratification driven.
(01:44:06):
I think that is. And again, if you think about
the contrast, what is it about a child that's immature
His unwillingness to admit the mistakes, that's very sophisticated. It's
his desire to have what he wants right now, without
any question, it's his.
Speaker 10 (01:44:25):
The fact that he's driven by win okay, chas vot.
Speaker 1 (01:44:37):
What if somebody told Trump that his chance of getting
the Nobel Prize would dramatically increase if he eliminated all tariffs.
I think that would place him in a real dilemma
because of all the things that Trump does, of all
of them, the thing he believes in the most is tariffs.
(01:44:58):
He really had it. It's as if his life depends
on it. This is the one thing that he really,
really really loves.
Speaker 4 (01:45:07):
So I don't know, like immigration, he would give.
Speaker 1 (01:45:10):
Up ice for a noble price, no question, he doesn't
care that much. You can see that with the visas right.
Speaker 4 (01:45:16):
No, that he's willing to allow six.
Speaker 1 (01:45:18):
Hundred thousand Chinese students to come to the United States
in order to appease she. He's not willing to lower
tariffs to piece she. So it's where priorities lie. You
notice in the one country that's getting away without really
(01:45:39):
paying high tariffs and everything is Russia. Isn't that interesting,
It's gone under the radar that Russia. It's not part
of the specipical tariff thing. We still buy stuff from Russia,
even though there's sanctions, Hopper Gamble existed.
Speaker 4 (01:46:00):
Her ideas still do.
Speaker 1 (01:46:02):
While her movement is young, its success is inevitable. Her
ideas are right, and they will correct the course given time.
What we see capitalism in our lifetime. No, but it
will happen.
Speaker 4 (01:46:14):
Yeah, I mean I agree with all of that. I
think that's right. It will happen. I don't think it's inevitable.
Speaker 1 (01:46:18):
I don't like to use terms like that, because as
long as people actually will.
Speaker 4 (01:46:23):
Nothing is really inevitable.
Speaker 1 (01:46:25):
But yeah, it's it's I think it will happen. It
will happen in my lifetime. No, but it will happen.
Truth wins out in the end. Mike is looking at
how many hours a person must work to afford an item,
a better way at looking at prices today compared to
prices in the past. Yes, absolutely, it's I want to
(01:46:48):
do a show on that. But absolutely the time price
instead of a dollar price, put a time price on things.
How many how many hours does it take you to
work an average person to work in order to gain stuff?
And if you look at it that way, then you know.
Speaker 4 (01:47:14):
A stand of living.
Speaker 1 (01:47:15):
And that's that kept us standard of living, that kept
us quality of life because it captures how.
Speaker 4 (01:47:19):
Much hours you work.
Speaker 1 (01:47:21):
It's not gonna capture inflation because inflation is a monetary phenomena.
We've taken money out of the equation, and what you
will see is, in terms of hours, almost everything has
gone down in price. It costs less of your time,
and therefore your standard living, quality of life has gone up.
(01:47:43):
And it is a much better measure than measures that
have money involved, because the money is how do we
measure it's inflation? How do we measure the inflation? How
do we measure what is money? How do we measure
the quantity of money? All of those things go away
when you just look at time. How much time does
it take me to work in order to afford a
(01:48:04):
three star Michelin restaurant less today than thirty years ago.
Thirty years ago, it would have taken me out because
I earned a lot less. It would have taken me many, many,
many hours to earn enough to go and eat at
the three star Micheline restaurant. Today not that much. And
(01:48:27):
you can you can look at product after product or
a product, so you measure the value of the product
in terms of how many hours you have to work
to attain it given its price, and given how much
you earn. And what you'll see there is that you're
making a lot more money today, and you're making a
lot more money relative to the cost of goods. And
(01:48:49):
that's reflected in the fact that you have to work
less and less and less for the goods that you'll consume,
me even housing now housing maybe not housing, maybe after
work more today in order to consume because your wages
have not kept up with the house of price of housing.
But that's the exception. And if you've if your income
(01:49:12):
has gone up a lot, then probably housing as well.
I mean, most of us live in much bigger houses
today than we did thirty years ago. I certainly do
much much bigger house, much much nice house, much much
much much much much much much more expensive house. And
that's a reflection of fact. And my income has grown
(01:49:32):
much much, much much higher. D you see, So you
measure the house house costs a million dollars, How many
hours do I have to work to make a million dollars?
Speaker 4 (01:49:49):
How many hours did I have to work.
Speaker 1 (01:49:50):
Twenty years ago to make enough money to buy the
same house, whatever the price.
Speaker 4 (01:49:56):
Was twenty years ago. And you compare those so.
Speaker 1 (01:50:01):
Yes, I'll do a show on that, and I'll bring
some examples.
Speaker 4 (01:50:09):
Shasbat fear is the mind killer.
Speaker 1 (01:50:12):
Lady Jessica in Dune Part one, Chasbat has all these
great lines out of movies. I am very jealous. Yeah,
I mean it's a great it's a great line, and
it's absolutely true. Fear is a mind killer. It destroys
your capacity really to think. It doesn't destroy it, but
from a lot of people, it makes it very difficult
(01:50:34):
for them to think, and they choose not to They
choose to evade instead or to be motivated by but
to be driven by the emotion. Wes, thank you for
the sticker that got us over the target. I really
really appreciate that. Andrew, back to the issue maturity, how
(01:50:55):
do you explain the phenomena of the degree of immaturity
of the Trump administration, the lying, careless mistakes, boot licking,
a Panacea's push ups, pull ups, could go on.
Speaker 4 (01:51:09):
I mean, they're driven by women. They're not long term
rational thinkers.
Speaker 1 (01:51:16):
There's no rationality, there's no strategy, there's no long term thinking.
Speaker 4 (01:51:20):
They act like children.
Speaker 1 (01:51:23):
I've talked often talked about the fact that they are
driven by and I think it's basically because Trump is
a child mentally. He is not mature. He is a
wim worshiper. He has a little self esteem, which you
know is consistent with kind of Michael's definition of lack
(01:51:43):
of maturity in that he will never admit a mistake
and he will always attack and attack when he feels insulted.
They they're just, you know, a lot of them are
just there to appear, and some of them have real
(01:52:04):
bigger goals, like jd Vance of really bringing America into
a new age of authoritarianism, a new age of Christian nationalism,
however you want to define it. And Trump is a
vehicle and they will say and do anything in order
for Trump to keep them on track to achieve their
(01:52:25):
ultimate goal, which is this, you know, authoritarian future. I mean,
it's hard to explain the irrational Richard interesting hotoical in
(01:52:47):
the Wall Street Journal on the gap between US and Europe. Yeah,
I saw that article, and I've talked about this many
times on the show. With a read ac only owned
by one fifth to one third of Europeans compared to
eighty five percent of Americans, and salary of UK specialist
doctors is less than the US welder.
Speaker 4 (01:53:05):
Yes, yeah, I mean it's it's again.
Speaker 1 (01:53:09):
I've talked about this many times, and I've given you
concrete examples. The United States, particularly over the last twenty
years or particularly since the financial crisis, has become significantly
richer than Europe. And Europe is held back by to
(01:53:30):
leg extent regulations, but many of those environmental regulations. That's
what keeps down air conditioning, and of course by socialised
medicine is what keeps down doctor's pay. But yeah, Europe
is in trouble. It has to find a way to
(01:53:52):
let go into to shrug off all these all these
kind of innovation entrepreneurship killing regulations, and all these regulations
that dramatically increase the cost of energy that reduce the
incentive to have a condition. Andrew I also think there's
(01:54:12):
a kind of a sense in which Europeans have that
they're suffering for the cause.
Speaker 4 (01:54:16):
This is a good sacrifice.
Speaker 1 (01:54:18):
This is the secular altruism speaking by not having a condition.
Andrew Ran diagnosed most people is having a fear of independence.
I think that's right. Whatever one feels about being independent,
one's metaphysical independence is a biological fact. Why would one
form a fear to acknowledge that fact of nature, because
(01:54:42):
that fact bears with it a significant responsibility that it's
up to you. You have to face reality, you have
to think for yourself, you have to deal with all
the problems. There's nobody else, there's just you and people
afraid of that. People are afraid of confronting that, people
(01:55:03):
are afraid of dealing with that, and people don't know what
to do with it. So the fact that we're metaphysically
independent requires action, requires thinking, requires reason, requires rationality. But
that requires effort and responsibility and confidence and self esteem.
Speaker 4 (01:55:24):
And people don't have those.
Speaker 1 (01:55:25):
And.
Speaker 4 (01:55:27):
They know they don't have it, and they fear their
inability to deal with it.
Speaker 1 (01:55:32):
And they again, they haven't been trained, they haven't been educated,
they haven't been shown the way our educational system should,
in many respects give people the confidence that they can
deal with it independently, that they have an independent mind
that is capable of dealing with the world, and therefore
they're metaphysical independence is something to be celibated, not to
(01:55:53):
be feared. But our educational system evades all that and
therefore abrogates this responsibility to all these people. Adam asks
are drones making armored fighting vehicles obsolete.
Speaker 4 (01:56:12):
I mean they are for now, but I'm not sure
that a hold that is.
Speaker 1 (01:56:22):
I wouldn't be surprised if Israel and the United States
and other countries are working on all kinds of technologies
that will cripple drones, incapacitate them, and allow for ground
vehicles to move about. They might have different ways to
(01:56:45):
mask their presence from the drone. So, I mean, it's
a technological battle, but it's not clear to me the
drones have won. That is their winning right now, but
it's not clear to me that they will win in
the end. At the end of the day, wars about
occupying territory, you can't win it from the air alone.
(01:57:05):
I mean, we will have in our future drone tanks.
There's no reason why tanks cannot be drones. There's no
reason why tank needs to have human beings inside of it.
And it can be remote control operated. It can have
all the benefits. And imagine you can have a white
mind sweeper moving ahead of a drone tank and you
(01:57:26):
won't mind sending a tank into enemy lines because you know,
if it gets hit, if it gets destroyed, at least
people won't die.
Speaker 4 (01:57:36):
But yeah, I mean we are heading towards a world.
Speaker 1 (01:57:43):
Of robots fighting our wars for us. Whether's robots are
going to be in the air or on the ground
both and air dominance will count for a lot. Uh,
but we'll be equipping soldiers and robots on the ground
(01:58:05):
with anti drome technologies shoot them down to obstruct them.
So yeah, Ian mentions that they you know, when anti
tank missiles were first introduced in the nineteen seventies, really
and there was there was a real sense that, yeah,
(01:58:26):
that was the end of tanks, armored personnel carriers because
these these missiles could be carried on the shoulder of
a soldier, shoulder of a soldier and could take out
a tank or armored vehicle from distance.
Speaker 4 (01:58:41):
And yet there were technological solutions for that. There will
be technological solutions for drones.
Speaker 1 (01:58:47):
But it's an ongoing battle, an ongoing technological battle.
Speaker 4 (01:58:53):
Dave just came in with a fifty dollars super chat.
Speaker 1 (01:58:56):
Thank you, Dave really appreciated.
Speaker 4 (01:58:59):
And that's after.
Speaker 1 (01:59:00):
Dave did all those ten dollars ones to get us,
to get us to the goal. Would you agree that
to learn, an individual has to revise a previously held
belief except being wrong is a path to learning and
accept being ignorant about some topic information honesty learn from
(01:59:26):
a position of ignorance.
Speaker 4 (01:59:27):
Okay, so what you're saying is one way or the other.
Speaker 1 (01:59:31):
What's quiet and not to learn is honesty either the
acknowledgement that one was wrong and now there's new information
and you have to revise your views all the acknowledgement
that was ignorant, That is, I didn't know this before.
I mean, I think that's true, But it's also true
that I don't know if you'd call it ignorance. For example,
(01:59:56):
when a child learns one plus one equals to he's
not acknowledging his ignorance. It's not like he thinks, oh,
I didn't know that, Now I know it. You know,
I can only know it if I acknowledged that I
didn't know it before. So I certainly think honesty is key.
(02:00:21):
But if it's new material, if it's new information, then
I don't think. I'm not sure that you have to
acknowledge your ignorance. I mean, it's an interesting question. I
have to think it through. So if some present here
is something I completely new I never knew about, I
don't think it requires any big act of honesty to say, yeah,
(02:00:44):
I didn't know it, now I know it, or now
I've got information that suggested that leads me towards knowledge.
But look, there's no question that honesty is key to learning,
because you've got to be constantly open to good ideas
and better ideas and new ideas, otherwise you stop learning. Yeah,
(02:01:13):
so honesty is crucial, but not to everything, but it
is certainly crucial to revising one's knowledge.
Speaker 3 (02:01:25):
All right, let's see, I still got a lot of questions.
That doodo, bunny. It's what's the time here? Eleven o'clock
in Fierence in Florence.
Speaker 1 (02:01:38):
I'm sympathizing with all the Europeans who have to stay
up late to listen to Iran book show Life. I
have to deliver the Iran book show Life late at night,
all right, that dudo, bunny. The problem I have worth
waiting until seventy to collect sel security is if I
died before then, I can't leave it to anyone. It's
an evil system. Forty years of peace into a Ponzi
(02:02:01):
scheme for nothing. Yeah, it's an evil system, that's right.
I'm not worried about dying. If I die, I die.
I mean no, I don't worry about dying, and I
don't expected that before the age of seventy. So I
have no problem waiting until the age of seventy to collect.
And if I need the money, I'll collect before, like
(02:02:22):
super chats dry up completely, I'll have to collect my
social Security before. James, the optimist in me thinks we
survived Trump's first term will survive the second. He's a
celebrity culture personality. The fifteen minutes are almost up and
(02:02:44):
things will go back to normal. I don't think that's
gonna happen. I don't think that's gonna happen. I think,
as I warned you, his second term is very different.
It's very different. It's much more focused, it's much more
geared towards authoritarianism. It's on steroids. It's a first term
on many, many steroids. And this time he has a
(02:03:06):
VP who is who is authoritarian. It's not Mike Pence,
who was religious and I opposed him and didn't like him,
but it was basically a traditional conservative.
Speaker 4 (02:03:19):
Now he has a Christian conservative.
Speaker 1 (02:03:21):
He has a nationalist conservative conservative nationalists, however you want
to call.
Speaker 11 (02:03:25):
Them, and so yeah, I think this is much worse,
and I don't think it is going back from a
lot of what Trump is doing.
Speaker 1 (02:03:37):
Even if the Democrats win, they'll take advantage of all
the things, all the precedence he's created. There's no going
back to normal. There is no normal. The Republican Party
will never be the Republican Party of Ronald Reagan. It
will never be that. Maybe there'll be a third party
one day that will capture that spirit, but that's gone.
That is, it's just it's not there. The people who
(02:04:00):
are normal in the Republican Party on principled don't care
about anything. They're are passionate that our fighters, the people
who fight as a manga, the Christian Conservatives, the National Conservatives,
they're the fighters. They're the intellectuals now, they're the ones
that will set their gender. We are very much on
(02:04:21):
the road to athraitarianism in this country. And I don't
think there's going back to normal unless something dramatic happens,
unless there's a real rise of an intellectual alternative to
what's going on right now. No Trump two point zero,
there's no going back. There's no going back. This is
(02:04:42):
a new standard, a new world, and it's we're moving
towards authoritarianism left right.
Speaker 4 (02:04:51):
I don't know what it's.
Speaker 1 (02:04:51):
Going to look like in the end.
Speaker 4 (02:04:53):
I think I have a clue what it's going to
look like in the.
Speaker 1 (02:04:55):
End, but I don't know for certainly. But it's going
to be athiritarianism, and it's we're not gonna have a
bout of freedom suddenly out of this. There's just nothing,
nothing in the culture, nothing in the world, nothing in
the Republican Party, nothing in the Democratic Party that suggests that.
And again Trump is by orders of magnitude worse than
(02:05:20):
the second time than what he was on the first time.
And I told you he wouldn't be given the people
he surrounded himself, and he learns. He learned from the
first time. He learned what not to do and what
kind of people to surround himself with. Liam Is it
really fair to say that the smart people are in
blue cities? Is it because of common democratic policies or
(02:05:43):
relics of pastimes? Well, the reality is that I don't know.
Speaker 4 (02:05:55):
I think this is true.
Speaker 1 (02:05:56):
The most engineers, most people in finance, most people in
profession most professionals are Democrats.
Speaker 4 (02:06:06):
Now why is that?
Speaker 1 (02:06:09):
I mean, I think it's because Republicans have failed. Those
have alienated those people by the Republicans being so stupid religious,
anti evolution, anti science, post COVID that if you're smart
(02:06:31):
and if you know something about the world, then you
can't support the Republicans. And many of them are electing Democrats. Now,
some are committed Democrats. They're the ones who got who
bought into the whole guilt thing and the whole leftist
agenda of guilt and intersectionality at some level or another.
But I don't think that's the dominant number of them.
(02:06:55):
I think most of them are just alienated by the
Republican party. They can conceive a voting Republican and it's
only getting worse because you know, smart people. Person is
somebody who has to deal with abstract concepts and can
deal with them. Well, that's a smart pill. So you
have to be smart to be a doctor, if they're
smart to be an engineer, if they're smart to be
(02:07:17):
a scientist, I mean a decent one. Right, you have
to be smart to do finance. It's an issue of
a level of abstraction. You don't have to be particularly
smart to be a plumber. You can be I'm not
saying plumbers are not smart. Some plumbers are smart. But
you don't have to be smart to be a plumber.
You can be averaged below average and still be a
(02:07:38):
plumber or cor mechanic or a.
Speaker 4 (02:07:41):
Lot of other things.
Speaker 1 (02:07:43):
But to be a brain surgeon, you better be. You're
gonna be smart. To be a hedge fund to we'll
get a edge fund, you're going to be smart, super
smart usual. So that's what I consider a smart person,
somebody who deals with abstract knowledge in his professional dealings. Yes,
(02:08:07):
I think it's a repulsion from the Republicans more than
attraction to Democrats, although many of them are being corrupted
by guilt, by altruism, by they take their ideas seriously.
And but again, if you associate the Republican Party with religion,
this is the big tragedy of the of the of
(02:08:28):
the Reagan presidency, is that he brought religion firmly into
the Republican Party. Please do a show on Patrick Bindevine's
Jubilee debate with twenty anti capitalist kooks. Also, can't Trump
(02:08:48):
really force buildings to be done in Greek Roman style?
He can force government buildings to be done in Regroment style. Yes,
and he is.
Speaker 4 (02:08:56):
He tried to do that at first.
Speaker 1 (02:08:58):
He started doing that in the first term, and he's
doubling up on it this time. Well, we have dumb
people with degrees, but you have to look at the
kind of degree they have. You don't have a lot
of dumb doctors. You don't have a lot of dumb
finance people. You don't have a lot of dumb masters
(02:09:19):
in finance. I bet you you don't have any dumb
people with a master degree in finance. You don't have
a lot of dumb engineers. You don't have a lot
of dumb scientists. You just don't have it. You can
have dumb English majors, you have dumb you know, I
don't know ethnic studies majors. This is why I didn't
(02:09:39):
mention degrees I mentioned in particular fields that require abstract thinking. Yeah,
I mean, Patrick Grindavi cannot defend capitalism. He's not a capitalist.
He don't believe in capitalism. He thinks he believes in capitalism.
What he believes in is kind of a mixed economy.
Neither here nor they're dogmatic bs. He has no idea
(02:10:03):
what capitalism is right in my view, So you know, yes,
I'm not surprised he didn't do a good job against
the communists, and he doesn't really have the knowledge to
deal with them because he doesn't know where they're coming from.
(02:10:23):
He doesn't understand them. It's not what he's studied, it's
not what he knows. He's a sales guy. He's a
sales guy. He's not a capitalist. I mean, he's not
a defender, an intellectual defendi of capitalism. He's not intellectual.
He's a sales guy. He's good at sales. That DUDEO
bunny does. Should in Peterson know while he is paying
you tons of money to do these lectures, you are
(02:10:45):
simultaneously making shows critical of him. I don't know. I
wouldn't be surprised if he knows. I mean, he's got
a lot of people working for him, and he's not
paying me to be his accolades. He's not paying me
to to, you know, to agree with him. He's paying
me to give courses on things that I'm an expert
(02:11:07):
on that he thinks I'm have an expertise and he
might not agree with a lot of what I say
during those courses. I know he doesn't. I mean, my
capitalism courses comes out against religion, so does in some
ways my finance course suddenly against altruism. So in the
morality of finance is a very different case than what
(02:11:28):
he would mean. My whole conception of morality is different
than his. So I'm not teaching courses for the Peterson
Academy that are consistent with Jordan Peterson's philosophy. And he
knows it. It's not what he hired me for. And
he claims he wants a plurality of voices, he doesn't
want just one voice. So I don't think he'd be
(02:11:50):
surprised by me being critical of him. Michael, Donald Trump
represents a terrible fascism and socialism with enough strength to
unite both camps against the few of us who care
about American principles. He can't unite people.
Speaker 4 (02:12:08):
He's a divide. He's a divide.
Speaker 1 (02:12:10):
He's not a uniter. And that's the one thing going
for us is that he can't unite people. Somebody maybe
could at some point, but not Donald Trump. Not Donald Trump.
But he is. I agree that he combines. But if
god fascism is in a sense a form of socialism,
(02:12:31):
fascism socialism already united you don't need Trump to unite
them anytime. You could debate Sam Cedar again. And when
are you having Jason Ryan's back. I'll have Jason on
in the fall, in the early winter. He'll definitely be
on once I get back home. At some point, debate
(02:12:51):
Sam Cedar again, I mean again, I will try when
I get back, I'll try to arrange some debates and
getting on people's at some point here, Michael, both MAGA
and the left pushing the VIA message, learn that you're
a victim and deserve to be angry all the time.
(02:13:12):
Is a victim mentality a sign of immaturity. I don't
know if it's a sign of immaturity, but it's certainly,
you know they victim mentality is everywhere in our culture.
That is, it's both left and right. It's it's dominant.
It's a sign of lack of self esteem. It's a
sign of looking for somebody else to blame for things
(02:13:35):
that you're responsible for, not taking responsibility for yourself, all
of that. It's a sign of lack of self esteem,
a lack of personal responsibility. Crypto fanatic. If the state
and economy are separated, do you think that would entail
the abolition of bankruptcy laws, and what would the consequence
(02:13:56):
of abolishing those laws. No, I don't think it would
intel abolishing bankruptcy laws. You still have to have a procedure,
a process that governs the disposition of assets on the
bankruptcy and that is not all contractual. It cannot be
(02:14:16):
all contracted in advance. There has to be a system
of law to government what happens when you know. Yeah, So,
whether the bankruptcy law will look like it does today,
I don't know, although I think the US bankrupcy.
Speaker 4 (02:14:33):
Law is pretty good.
Speaker 1 (02:14:35):
But you need some mechanism by which you bing together
all the different claimholders, You figure out who has more
seniority than others, You figure out what assets and what
liabilities actually exist, and you settle all that.
Speaker 4 (02:14:53):
And that is what bankruptcy law is.
Speaker 1 (02:14:55):
You need a process in front of a neutral party,
a judge, you call it, to deal with all that.
And I think that's what bankruptcy love is. So yes,
I think there would be still bankruptcy law. Again, it
might be different than what it is today, but there
would be something. Roland says, since the minimum wage is
working out so well, you might want to consider introducing
(02:15:16):
a minimum super chat. Anyone that can't afford twenty dollars
a more doesn't get to pay you anything. Wonderful idea.
Huh No, I don't like it. It would juice income.
It's bad, no good, not good, not good, and it
would reduce your participation.
Speaker 4 (02:15:35):
It would be bad for everybody. Lose, lose, No, we're
against lose lose.
Speaker 1 (02:15:40):
Ian question for super cask or maybe sup CASKI anyway,
do you consider Japan koreas I wanted to be Western
or maybe semi Western? I consider them to be Western
parts of Western civilization. If you think about the political systems,
(02:16:03):
if you think about their economy, if you think about
the way they address they have, you know, the kind
of attitude towards work, office hours, even architecture.
Speaker 4 (02:16:19):
Maybe not all oughts, maybe not.
Speaker 1 (02:16:21):
Everything they do, but yeah, I definitely think that I
consider Japan and South Korea and Taiwan part of Western
civilization today. They've adopted Western values to such a degree
that they're part of the Western civilization. Again, I think
Western serviliation is primarily individualism, which I think in those
countries having spade relative to what they were in the past.
(02:16:47):
Reason respect for reason, which I think again, all these
countries have respect for science and thinking, and engineering and
entrepreneurship and finally political liberty. And I think they have
all three of those. And then if you look even
beyond that too, again they close. They wear the kind
(02:17:08):
of family structure, they have a lot of their attitudes
towards life, and again, the buildings they build their very western,
in some ways more western than many Western countries. Chout
about says and what will YouTube do if you meet
(02:17:28):
the goal? Nothing other to say, odds, we great by
providing you another tool that incentivizes your people to Yeah.
I mean, that's basically it. I have a meeting one
seventy two weeks with a somebody on YouTube to tell
me about the latest features and to encourage me to
(02:17:51):
find new ways to increase revenue equal to reality. Thank
you for covering this, even when UK objectivist channels are
ignoring it completely in favor of Israel. I wonder who
those people are. I don't know who those people are.
(02:18:12):
Oh hear all the Deans with the smiley face. Thank you,
Dave Dean, thank you, thank you, thank you. Five of them,
five of them. That's a lot of contributions today. I
appreciate it. Okay, Paul, glad you mentioned the Facebook discussion
about Trump supporters.
Speaker 4 (02:18:30):
I've been arguing against them. Yeah, I noticed.
Speaker 1 (02:18:34):
It's futile, can I say that? But it's good because
at least it represents that somebody, you who's looking through this,
that not everybody has become a you know, a Trump accolade.
That is not objectivism necessarily. So you're representing the voice
(02:18:54):
of reason on these chats, and I think that it's
less to convince anybody the chat and more to convince
the innocent read of the chat. Somebody YouTube objectives tube stuff.
Here is AC support cash, thank you, thank you, thank you,
wishing you a nice cool time, and next place allows
(02:19:16):
a AC set to seventy degrees twenty degrees centigrades. Have
you read Constantine's Sword by James Caroll? I have I have.
Speaker 3 (02:19:25):
I assume you want to know what I think of it.
I mean, I really enjoyed it. I learned a lot
from it, a lot. I thought it was really really interesting.
Speaker 1 (02:19:35):
It's it's a difficult book to read, partially because it's
interwines his personal story with the historical story, and his
personal story is I don't know, it's weird. I mean,
(02:19:57):
he's obviously got it. He's got a I think for
his mother. He's got a bit of an Oedipus complex.
He's he's struggling with his Catholicism, he's struggling with the history.
It's just a weird mixture of history. I wish it
was just a history. I enjoyed more. But still there
(02:20:18):
was so much new there, so much interesting there, that
it was worth struggling through the more personal bits that
were less interesting. Albert Camu's absurdism thoughts.
Speaker 4 (02:20:32):
Yeah, I'm not a fan of Albert.
Speaker 1 (02:20:33):
Camu's too pessimistic, too negative of humanity, to anti reason.
Speaker 4 (02:20:41):
It's this whole existentialism.
Speaker 1 (02:20:42):
I'm not sure exactly about absurdism what that means refers to,
but I'm not a big fan of Camu because of
all that. Again, he's primarily driven by well, thinks we
are should be driven by emotion rather than reason. I
think that's true, Philip. Earlier, you said that Germany will
(02:21:07):
probably be the first to turn against its Muslim population.
What makes you think that? What is it about German
culture that makes them so prone to tribalism?
Speaker 4 (02:21:19):
Yeah, I don't know.
Speaker 1 (02:21:21):
I think it's I think it's their contient. They've taken
contost seriously than the rest of the world. They're more
in it towards duty. They definitely have a history now
of tribalism going back a long time. They've got a
mythology of tribalism around what it means to be German. Yeah,
(02:21:43):
I don't know enough about German culture to get other
than what Lennapeacock has written in nominous parallels to give
you a detailed analysis. But it strikes me that given
the history, that probably the place where it starts. But
it's not necessarily. It could be the UK, it could
be Fans, it could be somewhere else. I just think
(02:22:04):
it's the it's the Kantian Hegelian influence in Germany is
stronger than anywhere else. They're the origin of all this
bad philosophy and they take it more seriously than other
people do.
Speaker 4 (02:22:21):
Not that you have a goal going at the moment.
Speaker 1 (02:22:25):
Making twenty seven dollars twenty two dollars, Thank you, Thank you, Greg,
I appreciate it.
Speaker 4 (02:22:33):
Hecta ken An objectives to appreciate the beauty and the most.
Speaker 1 (02:22:37):
Power of gospel music while separating it from a religious message. Yeah,
I absolutely think that that's true. I mean, I think
you can. I have an appreciation for masses, for Christian mass,
you know the ones written by great composers. You know,
a Mass by Beethoven, a mass like Mozart. I requreems
(02:23:02):
are some of my favorite works of music. Vodie's Requiem,
motav Recreem, billios As Requiems, three of the most magnificent
pieces of music ever written. You have a huge appreciation.
I think that's also true of gospel music. I think
there's beauty's amazing harmony. There's a certain reverence that it
(02:23:22):
expresses that I think can be absolutely secularized.
Speaker 4 (02:23:27):
So yes, absolutely, the art.
Speaker 1 (02:23:32):
Transcends music, and particularly transcends the particularly words that they're saying,
and often transcends the intent of the composer. Kim says,
really great restaurants, but they support Palestine.
Speaker 4 (02:23:50):
Is it wrong to still ortify on them? I think so.
Speaker 1 (02:23:54):
I mean, if they were Communists, it would be wrong
to support the restaurant because you know the money is
going to promote a cause that is destructive to your
life and therefore harmful to you. So it's non egoistic
to support them, even though they're a good restaurant.
Speaker 4 (02:24:17):
What was your army strategy with anti tank weapons?
Speaker 1 (02:24:23):
I mean this is the early nineteen eighties, and the
strategy was basically to invent and then utilize the double
plated armor, which both protected you against anti tank missiles
and missiles from other tanks.
Speaker 4 (02:24:41):
So it's a double coding of armor.
Speaker 1 (02:24:43):
And when the weapon hits the armor, it sets off
an explosive that's inside the armor, and therefore the explosive
kind of explodes against the missile coming in.
Speaker 4 (02:24:58):
And reduces the energy.
Speaker 1 (02:25:02):
Required to penetrate the tank itself.
Speaker 12 (02:25:05):
So there's a layer of explosive armor on the tank
that implodes when hit by a projectile and creates a
counter force to that protects the inner layer of that
protects penetration.
Speaker 1 (02:25:24):
That was what we used, and particularly the modern tanks
in those days, we're using it. Uh. Blaze guitar lessons.
I'm going to Spain in a for a week in
two weeks. Any recommendations. Also, what do you think will
happen to us economically as a versus peers in the future.
Speaker 4 (02:25:46):
I mean, Spain is a big country. You have to
tell me where you're going.
Speaker 1 (02:25:49):
Uh, it's it's almost impossible to to give you a
recommendation about Spain across Spain, Madrid, Barcelona, Seville, Seville, where
you're going, sons of a Diana. As for the US
economically versus peers, I don't know. I mean it's going
to do badly. It's going to stagnate. But I think
so is Europe. So I don't know who the peers are.
(02:26:13):
Russia is a mass, China is gonna It's economy is
going to start. I think global economy broadly as the
global economy, as the global As the globe moves towards
more authoritarianism, we'll see a reduction in economic growth and
economic prosperity. You're going to the south, I mean civil
(02:26:36):
is beautiful, definitely, you know, walk around. Seville has good restaurants,
It is an interesting history, fascinating interesting. I would go
to try to go to Alohambra. Alahamba is magnificent. It's
our Moorish castle. Uh. Cordoba is beautiful, old city of Quodoba.
(02:26:58):
I mean the south is I mean, what do you
call it? Uh so definitely Seville definitely, Uh what do
you call it?
Speaker 4 (02:27:10):
Alohambra, Quartoba.
Speaker 1 (02:27:13):
I think if we just do that, you'll have done
a lot. Spend a few days in Sevilla, a few
days in Quartoba, you know, spend a day going to
the Alahambra. But yeah, I mean there's a lot to see.
The Moorish history is fascinating. Basically that that is the
area when when the Christians conquered it, they discovered these
(02:27:36):
massive libraries, including all the lost works of Aristotle, that
basically made the European Renaissance possible. So Andalusia is the
birthplace of Western civilization in a sense that it was
those books translated that what Thomas Aquinas and even before him,
(02:28:00):
what's his name god anyway, all University of Paris, everybody,
that's where they got their stuff. That that that's where
the works of the Greeks were preserved. So it very
much saved Western civilization. So it's it's really interesting. Flamengo
(02:28:25):
if you like flam Ango, Yeah, I mean the south
Seville is a great place to go.
Speaker 4 (02:28:29):
Go see Flamengo.
Speaker 1 (02:28:30):
We always do it. We're there in Flamengo's really intense
and interesting and fun. Not of as not but not
of a center. Those are those are from that culture.
Speaker 4 (02:28:43):
I'm talking about the University of Paris. I'm thinking of
ad Abald at the University of Paris.
Speaker 1 (02:28:49):
They read books that will be translated from the libraries
of that part of Spain. So it's it's a great
area in the history, an important area, a cruciali area
and the history of Western civilization.
Speaker 4 (02:29:10):
What is the latest book you're reading. I'm reading a
book right now. What's it called. It's about the Scottish Enlightenment.
Speaker 1 (02:29:17):
How the Scots created the modern world or something like that,
how the cross Scots created something.
Speaker 4 (02:29:23):
It's good, it's really interesting. It's not true, it's.
Speaker 1 (02:29:28):
Exaggerates the world of the Scots, but it is interesting
and it's interesting about the Scottish Enlightenment. I've read a
lot about the French Enlightenment. We know about the British
Enlightenment with John Locke and Newton, and this is kind
of the Scottish Enlightenment, going all the way to Adam
Smith and Read and Hutchinson and a bunch of thinkers
(02:29:48):
that are crucial, and then the influence on America and
the founding of America. It turns out Scotland had Scottish
intellectuals had a huge impact on the founding of America,
which I didn't know, which is really interesting.
Speaker 2 (02:30:04):
Uh.
Speaker 1 (02:30:05):
Stephen asked, what do you think about really silly movies
like Zulander and Command Scary Movie, Don't Miss with the
Sohan and The Hangover. I hate them. I can't stand
these movies. I can't stand it. I mean, there's certain
silliness I don't mind, like The Max Brothers, but I
never liked The Three Stooges because it was too silly.
But I like The Max Brothers because I thought this
(02:30:25):
silliness was smart, if that is possible, there there was
cleverness to it. I find these movies just celebrating stupidity.
It started with dumb and dumba and it just got
dumber and dumber Since then, it's only gotten dumber than
dumber and dumba dumb and dumba whatever. Right anyway, Yeah,
(02:30:47):
I don't like I don't like any American comedies made
in the last twenty years, thirty years.
Speaker 4 (02:30:53):
I don't know.
Speaker 1 (02:30:57):
Stephen says, what do you say or do if you
screw up work? I imagine you can't really apologize. Oh me,
I have nobody to apologize to except you guys. So
if I sometimes do apologize to you or like I like,
do a corrective, I say, yeah, I screwed up. I
got sloppy, I wasn't accurate. Here's the accurate information. I
(02:31:19):
do that.
Speaker 4 (02:31:21):
But yeah, I beat myself up.
Speaker 1 (02:31:23):
Why did I do that?
Speaker 4 (02:31:24):
And I go on research and I try to make
sure I don't do it again.
Speaker 1 (02:31:30):
How did it is? What become such a wealthy country?
I think primarily because by liberating its economy, you know,
the nineteen late seventies, eighties, and nineties all the way
into the early two thousands is all spent. ISO did
a lot of liberalizing a lot of thing up, not enough,
but liberalizing and then unleashing the entrepreneurial spirits, allowing tech
(02:31:55):
innovation to take hold, and having great, great educational institutions
like where I got my undergraduate degree. There is really
institutive of technology. The technily produced some great engineers who
then started companies. But Israeli culture is very entrepreneur friendly,
(02:32:16):
it's very failure friendly, it's very debate and disagreement friendly.
And so Israel has a culture that if you liberate it,
it's going to produce.
Speaker 4 (02:32:26):
A lot of wealth.
Speaker 1 (02:32:27):
And what happened starting in the late seventies is a
slow but steady process of liberalization, of freeing up, which
unfortunately kind of stopped under Ntennio in the last fifteen years,
but had gone through at least until the mid two thousands.
(02:32:50):
But it's already got the cultural essence now, it just
needed the liberty, needed the freedom. All right, guys, two
and a half hours, having gone two and a half
hours in a while, So this is good. We're back
to kind of a normal, normalized schedule. I would be
back with you tomorrow at about the same time, in
(02:33:11):
the same office, same equipment, same setup. This is working great.
So WiFi hear is unbelievably stable. This is good, very fast.
Hopefully that'll stay that way. And what else. Yeah, thanks
to all the superchats. You guys are great. I know
there were a lot of people who did stickers. Oh,
(02:33:33):
Hector says, I'm a foodie. What is the dish that
represents Israel? Oh God, I don't know.
Speaker 4 (02:33:41):
I mean homos.
Speaker 1 (02:33:43):
Falafel dishes that represent Israel, but they represent a certain
style of Israel or a certain part of Israel. But yeah,
I think holmos falafa all right, Drewsky, thank you, Mary Eleene,
thank you. H oh skipped the head, and of course
(02:34:04):
Dave Dean we've said thank you is a dichotomy, and
who else.
Speaker 13 (02:34:14):
The Thundy is all the stickers wes thank you as
almost always I'm in I said one hundred dollars that
that was great, and Dave of course several.
Speaker 1 (02:34:26):
Times, and Frederick, Mary Eleen, John Bales, and in the
meantime we're getting more more questions. I don't know if
I caught everybody a capitalist spy. I don't know if
I got everybody, but hopefully they got most of you.
Mary Ellen again, all right, pbe asks. I haven't read
(02:34:51):
Folks in the Road, but you.
Speaker 4 (02:34:53):
Said po legal messages.
Speaker 1 (02:34:54):
Literature could be kind of productive at the strugg there's
many How is that different from what you critiqued. It's
just atlashopic is, I guess, better written, better integrated into
the plot, just better executed. It's not that you can't
do it. You can. I mean Atlas Shrugged obviously as
an example. The Phonehead is an example of Leobblers is
(02:35:16):
an example.
Speaker 4 (02:35:17):
But it's it's it's just better integrated. It's hard to do.
Speaker 1 (02:35:24):
It's really hard to do. It's really, really really hard
to do. I give.
Speaker 4 (02:35:33):
Larry credit for.
Speaker 1 (02:35:36):
Trying and for coming up with original stories in order
to do it. I think the storytelling is more important
than the political message. Of course, Ironman is conveying a
whole philosophical message, and to some extent every piece of
literature is.
Speaker 4 (02:35:50):
The question is how explicit do you want to be?
And Atlas Shrug is explicitly philosophical. Not all stories, not
all stories.
Speaker 1 (02:35:57):
Need to be explicively philosophical, much more important as the
flicit message in the sense of life that they portray.
But again I'm not an expert on literature at all,
so beware, buy every ware, read everywhere. All right, guys,
(02:36:22):
have a great night. I'm gonna go off. I have
to walk home and then go to sleep. I will
see you wal tomorrow, same time. Buye everybody,