February 27, 2024 • 41 mins
Ever wonder what lurks beneath the ocean's surface or how our ancestors might have engineered the seas? This episode of Weird World of Variety is a treasure trove of speculation and science, where Jesse and I, your ever-curious hosts, share some hearty laughs over the audacity of pickle-flavored jelly beans and then plunge into the depths of a Stone Age megastructure discovery. Could this be Atlantis, or just a fragment of Earth’s concealed history? Join in as we navigate through the murky waters of scientific skepticism and muse about the philosophical implications of uncovering civilizations that could turn history on its head.
Feeling the pinch at the checkout line? You're not alone. We open up about our own struggles with the climbing food prices and how it's reshaping our budgets. Whether you're flying solo or managing a family's expenses, the conversation gets real about the daily tug-of-war between financial planning and the cost of living. Explore with us the latest USDA data, and take away some fresh perspectives on balancing the need to eat with the desire to save. It's a candid look at the universal challenge of making ends meet in an era where the price of a loaf of bread can feel like highway robbery.
Then, we cap off with a gripping tale of eavesdropping, insider trading, and the million-dollar scheme of one Texas man. It's a story that blurs the line between a lucky tip and illegal activity, with repercussions that echo through the hallways of the financial industry. Listen as we dissect the ethical implications and ponder whether knowledge really is power—or just a one-way ticket to a legal nightmare. It's a cautionary tale that'll have you hooked, questioning where you would draw your own line in the sand of financial morality.
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Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:17):
What's up everybody?
What's up everybody?
How you doing, how you doing.
Hey, here we go.
We're listening to Weird.
Speaker 2 (00:23):
World of a variety.
That's right, we'll be thereand realize all of it.
Just click on it accidentally.
But if you didn't, then thanks.
Thanks for coming.
Yeah, Weird.
Speaker 1 (00:38):
World of a variety.
I'm here as well as my co-host,jesse.
Yeah, give it up for him.
Did you miss me?
Speaker 2 (00:47):
I bet you did because Matt's so low.
Speaker 1 (00:50):
Yeah, they were kind of upset that you weren't here
last week man, I have no doubt.
Speaker 2 (00:55):
I mean, I am the personality here, oh, okay.
Speaker 1 (01:00):
Okay, alright, I'm always convinced right.
No, but we did miss you, so Idon't know what you did.
Definitely, definitely,definitely.
Speaker 2 (01:14):
Alright, we got a lot for you guys today, but first
we were talking about picklesearlier, dude, I just saw this
weird like totally blonde momentchick video.
She was like she was holding acucumber.
She goes why did they pickleeverything but cucumbers?
I'm thinking, are you seriousright now?
Speaker 1 (01:39):
Yeah, I had another video.
I don't know if I sent it toyou I don't think I have yet but
it was this guy.
It popped up on my feet.
He does this series calledwho's Buying this.
You ever seen this?
It's like this video series oflike where he goes through the
store and he picks the weirdestthings that like nobody would
(01:59):
buy and he goes who's buyingthis?
Speaker 2 (02:03):
And that's his whole series.
Speaker 1 (02:05):
He just picks up a random item and says yes, so the
item that he picked up thisweek was pickle jelly beans Ew,
that's not gross man.
He goes who's buying this?
That does sound gross.
And then his whole thing is hebuys the item and then he goes
out to his car and tries it.
Speaker 2 (02:24):
So he probably he picks one in his mouth and he
makes a face like ew.
Speaker 1 (02:29):
Yeah, so he bought the item and then he was like
he's like I'm going to go try it, and then he had the like the
most weirdest face.
Speaker 2 (02:39):
I've seen that a lot actually Not that particular
channel or whatever, but I haveseen people do that plenty.
Speaker 1 (02:45):
Yeah, so if you ever see pickled jelly beans, you're
going to have to tell me whatthat tastes like, because I know
I'm never going to try it.
Speaker 2 (02:56):
I don't ever intend to either.
That sounds gross.
Speaker 1 (03:00):
Oh yeah, there is no way I don't think I'd be able to
.
Speaking of weird stuff, we'vegot a bunch of weird news for
you today.
Are you guys ready?
All right, all right, all right.
So here we go, starting withour first story of the week.
(03:22):
We're going to bring it up, andthis week I thought I would get
a little sciency on you, didyou really?
Yes, we're going to get lost inthe Stone Age huh, it's been a
while since we've been to theStone Age of science.
(03:43):
We do a lot of weird news andsome of it involves science,
some of it is just plain weird,and I thought we would do a
little science section.
This week I've got a good onefor you.
Scientists scanning theseafloor discover a lost, long
lost Stone Age megastructure.
(04:04):
Lost long, yeah, lost long,lost Stone Age megastructure at
the bottom of the seafloor.
Now, what could this be about?
I have no idea.
Speaker 2 (04:15):
Dude, they found Atlantis.
I'm waiting for it.
You're waiting for it, Dude.
We're going to be waiting awhile.
Speaker 1 (04:21):
You know it's down there, it's probably down there,
unless this is part of itEither that or they already
found it and they're just nottelling us which that wouldn't
surprise me either.
Yeah, you know there's a lot ofthings they don't want us to
find.
Speaker 2 (04:36):
Don't die.
Don't die, I mean man, I mightyou never know, If I disappear
for good.
That's what happened, mabel.
Sorry, you can't help it.
Speaker 1 (04:47):
So, yeah, let's dive into this story and see what's
going on.
Here we go.
In the fall of 2021, JacobGeerson I want to say Geerson a
marine geologist now at theLebanese Institute for Baltic
Sea Research, was teaching a oneweek field course at the
(05:08):
University of Kiel.
The class was conductedentirely aboard a research
vessel on the Baltic Sea.
Gerson prefers the open-airclassroom, so do I.
Do you want to be stuck indoors, or would you rather be outside
?
Speaker 2 (05:22):
I would rather be stuck outside.
Yeah, exactly.
Speaker 1 (05:26):
I think I would like this class being outside on the
boat.
Yeah, definitely, it's quiteintense, he says, but for some
of the students, it's maybe thebest time during their studies.
Dude, I would love that, if youlike, in the middle of your
college classes, like, yeah, hey, we're going out to sea today,
so we're going to go to theocean and, you know, do some
(05:47):
research, bruh, where's my?
I would love to do that.
Where's my thing here?
Here you go.
And then yeah, I'll be swimmingwith them and betting them and
talking smack.
Speaker 2 (06:00):
Also, You're talking smack.
It's like, yeah, hey, so thehumans are up to it again on the
surface.
Yeah, you would Over there onthe shore, you wouldn't believe
what happened.
I'm sure, like they threw afish at me and they're like here
, flipper, eat, you know.
Speaker 1 (06:16):
And I'm like I'd rather eat you, but Pardon my
pun, but I feel like dolphinsare the most flippant Literally
flippant, yes of the seacreatures.
Speaker 2 (06:26):
They'd probably flip you off.
Speaker 1 (06:27):
So I feel like if anybody is gossiping about the
surface, it's gotta be thedolphins.
Speaker 2 (06:33):
I have no doubt that they're like.
They are talking smack.
And even as a fish, I told Iknew it, Bro, did you see the
other day?
I mean they have the audacity.
Speaker 1 (06:48):
I guarantee, I have no doubt, guarantee they're
talking smack, all right.
So let's continue here.
During the night shift eachevening, students map the shape
of the sea floor at highresolution.
Usually, if we go somewhere anddo these measurements, says
Gearsen, then we find somethinginteresting.
This research crews proved noexception One night in the Bay
(07:12):
of Mecklenburg.
Is that how you said that,makkelberg?
Speaker 2 (07:15):
Makkelberg.
That's where Macklemore fromMacklinburg oh.
Speaker 1 (07:21):
Mecklinburg, off the coast of northern Germany, the
students fired up the echosounders and mapped a swath of
the sea floor.
The next day we downloaded thedata, said Gearsen, and it was,
and it was.
Then, when we were sittingtogether, we saw that there was
something on the sea floor.
It was something special.
(07:42):
They didn't know it at the time, but not quite 70 feet below
the surface they stumbled upon astone wall more than half a
mile long that dated back to thestone age, one of the oldest
such mega structures on theplanet.
In research published in PNAS,yes, gearsen and his colleagues
(08:04):
say that this piece of ancienthunting architecture may have
been used to corral and huntreindeer, adding a level of
sophistication to theprehistoric hunter gatherers who
lived 10,000 to 11,000 yearsago.
So this wall that theydiscovered was apparently an
ancient stone structure.
(08:24):
I feel like they're guessing onsome of like what it is,
because you know, most ofscience is just guessing.
But anyway, that's what theythink it is.
Gearsen's guessing, gearsenguessing.
But yeah, I don't, I don't know, man, the picture that they
(08:45):
have here Not going to lie.
Speaker 2 (08:47):
It's like a toy on a.
What's up with that?
What is that Is?
I don't know what that is.
It looks like a toy out ofplace on the bottom oh seafloor.
Speaker 1 (08:59):
What am I?
It says it's a scale, I don't,I don't know.
Yeah, like I think they'retrying to compare the size of
the rocks, although to me itjust looks like rocks, so I'm
not sure.
Um right, it was sort of.
Yeah this is supposed to be asection of the wall, but
(09:19):
honestly it doesn't look likestructure or look like anything.
Hey, terrible picture, yeah,whatever you know, maybe they're
down to say this is, this isyour structure for the week.
So there you go.
Sad, I don't know.
I feel like half the timethey're covering up the real
(09:39):
structures.
I bet they are and they're justthrowing like oh, here's some
stuff out at us, here's somehere's some rocks.
They're going to go crazy oversome rocks.
Here you go Like come on, bro,some of the stuff we found on
the sea were crazier than this,I know Way crazier than this,
(10:00):
and then they wanted to coverthat up.
So it's like oh, they want tobe like.
Oh well, that was just an oldcity, you know nobody.
Speaker 2 (10:07):
I don't understand why you'd want to hide something
of significance like that.
Uh.
Speaker 1 (10:12):
I feel like jealousy, but they might be jealous, or
what A lot of theories of whythey ban you from going into the
Grand Canyon and stuff likethat.
I feel like half the time theydon't want you to know the truth
because they feel likeeverybody's going to freak out
on the planet, like it's goingto interrupt their belief
structure or something.
But I feel like even if yougave us the most crazy,
(10:38):
upsetting discovery of thecentury right Like, say, it's
like aliens are real and theircities, we never knew, people
still might not believe it, Ifeel like nobody would care or
care, like it's still cool, liketo us, a lot of us especially.
Okay, take, for instance, I'm aChristian, right so.
(10:59):
Take, for instance, like, if Ihear something cool, like, okay,
aliens are real, cryptids arereal, and Then like these
ancient structures of, like, oldcities actually existed, that's
not really gonna change mybelief at all.
Speaker 2 (11:16):
I anytime I hear a man.
If it is real demons.
Speaker 1 (11:19):
It's like, okay, cool , it's real.
Like I just think it's cool,like it could be just a part of
history we don't know about,like a section that we're
missing in a book.
It's, it's all the same to me.
Like, for instance, they saythe the Bible times was a
certain amount of years ago,right, well, I was in roughly we
(11:41):
don't have every answer toevery period of time in history.
There's.
Speaker 2 (11:46):
God's not gonna give us every single answer.
Speaker 1 (11:48):
Yeah, there is so much time missing like from our
history, like it wouldn'tsurprise me if there's a ton of
other discoveries we don't knowwhat you know, is it both, while
science tries to give us morebut neither can actually give us
, they're all guessing, yeahlike you know what I mean.
Like even their dating systemlike Half the time is one way
(12:10):
and then the other half the timethey're like oh no, yeah,
that's this.
It's like, no like.
Speaker 2 (12:15):
Well, we already just read the Mayans or whatever,
right, because they didn't thinkwe'd go past 2000.
Speaker 1 (12:20):
Dude, there's probably tons of time that we
don't know about, and my respectis the more discoveries the
better.
So they need to stop hidingstuff and bring out some cool
stuff, because you know we'rebored up here.
We need some cool discoverieslike come on now.
Speaker 2 (12:36):
We.
It's tempting me to go downthere myself.
Hey.
Hey, here's some, here's someno nonsense proof right here
folks.
They're lying again, you know.
Speaker 1 (12:50):
Let me see if I can find a sound for our next story.
Let me, let me see.
Here is would this be it?
Okay, that sounds weird.
I know that's not this.
That's not the thing I waslooking for.
There we go, that's better.
(13:10):
I'm playing a weird sci-fisound.
There you go and that'll giveyou the theme for our next story
.
I'm sorry.
Former manager of DoD aerospacethreat program says UFOs are
real.
Speaker 2 (13:28):
Oh, they're Cementing it again, or what?
Speaker 1 (13:34):
Quote-unquote.
Speaker 2 (13:35):
UFOs are real.
Oh, you don't say, haven't theyadmitted this already?
Speaker 1 (13:40):
after the government revealed this year that you have
oh yeah, hey, folks, aliens arereal.
Speaker 2 (13:45):
Oh really, where they at, I don't know.
Speaker 1 (13:48):
Okay, well, this is an older article, but I thought
it'd be kind of fun Rememberwhen it like was are you gonna
release them to us or what'sgoing on?
Like remember when it was likeGOV bad Juju to talk about UFOs
at all, like to say that, oh, Isaw something.
And then they'd be likeeverybody's debunking them right
away.
Speaker 2 (14:08):
Yeah, so now you're full of it.
Look, that's a shadow, or youwere seeing that.
What were you taking?
Some medicine, what?
Speaker 1 (14:17):
This.
This cracks me up because thiswas an older article back in
2017, kind of kicking off thewhole, like how in the world did
you find that I Found?
Speaker 2 (14:28):
it.
I'm just that guy yeah, I'mjust he.
Speaker 1 (14:30):
just he claims to be that good it kind of it kind of
kicked off the whole, likecementing that UFOs are a real
possibility.
Speaker 2 (14:38):
So they're looking back, oh, they're taking a
glance at the past and they'relike oh yeah, here, by the way,
oh this was.
Speaker 1 (14:45):
This was the year.
More proof in the past thatthey were like hey, we should
take this more seriously.
2017, if you remember, rightbefore 2019, the pandemic they
started playing them yeah likeactual footage, like 2017 to
2018.
I started throwing actualfootage and then they had
(15:08):
officials like this coming outsaying, hey, maybe we should
take this more seriously and letthe army talk.
And that was when they startedSaying oh okay, if you report it
, we're not going to Put youdown for reporting it anymore.
So that's when Navy officersand everybody started coming
forward I in that time you keepforgetting me.
Speaker 2 (15:31):
watch more videos than me, so here's.
Speaker 1 (15:34):
Here's.
Here's an example.
Okay, something extraordinarywas revealed today and, if you
want to follow along, these arefrom huff post.
The previous article was fromNPRorg.
This is from huff post.
Calm, some extraordinary.
Something extraordinary wasrevealed today.
Former high-level officials andscientists with deep black
(15:59):
experience, the that deep black,not black, always remain in the
shadows came forward on oneplatform.
These insiders havelong-standing connections to
government agencies which mayhave programs investigating
unidentified aerial phenomena.
Uaps slash UFOs.
(16:20):
The team includes a 25-yearveteran of the CIA's director of
operations, a Lockheed MartinMartin program director for
advanced systems at skunkworksoh, that's a delightful name and
a former deputy assistantsecretary of defense for
intelligence.
Today mark the official launchof To the stars Academy of Arts
(16:45):
and Science, an innovativepublic benefit corporation which
will advance research intoUnexplained phenomena and
developed related technology.
It has established threesynergistic divisions science,
aerospace and entertainment.
We believe there arediscoveries within our reach
that will revolutionize thehuman experience, says company
(17:08):
president and CEO Tom DeLonge.
So if you remember, this waswhen this was established.
So any of my UFO researchersout there know about this and
they know this kind of kickedoff a lot.
So I thought it was a funarticle to do and I thought it'd
(17:29):
be an interesting story becausethis is when Stuff got real, if
you know what I mean.
This is when they started liketaking UFOs seriously, which
they should have a lot sooner.
But Everything was kind ofwarming up to this Establish of
the to the stars Academy andthen you had naval officers
(17:51):
coming forward and then you havevideos being released.
And now we've got all kinds oftechnology.
Now You're starting to see youhave video, ufo videos and like
4k, so Won't be long, probablylooks.
It won't be long before peopleare like hey, we got some actual
footage you might want to payattention to.
Speaker 2 (18:14):
Well see, it's hard for me to pay attention to stuff
like that when I'm just readingwhat I should be.
You know what I mean right,right, I agree.
Speaker 1 (18:24):
But yeah, there you go.
There is my Science weirdsection of the week.
We've got the to the starsAcademy when it was established
and are you gonna stone.
Speaker 2 (18:38):
Megastructure.
Are you wanting to sign up forthe, the to the stars Academy?
Speaker 1 (18:43):
I'm gonna sign up to the stars Academy after I go
into the sea and discover thelost stone Megastar that sounds
like plan brah.
Speaker 2 (18:51):
I think I'd do it in that order to okay, let's go see
if I drown first, and then I'lljoin To go check out the stars
and everything.
I'll tell you what, though ifsomebody gave me the opportunity
to explore the ocean, I Wouldbe scared out of my mind but I
probably do it because even ifI'm gurgling I I will
(19:13):
potentially see I what I need tosee and, like I said, it would
be a no-nonsense disclaimer.
Hey guys, I almost died, but hey, here you go.
Here's a better picture, or Isaw it.
I totally saw the big old walldown there, my gosh.
I explored as much as I could,but I was run out of air, so I
(19:35):
resurfaced as fast as possible.
Speaker 1 (19:38):
Well, that kind of trip would probably take a lot
of money.
And speaking of money,Everything costs a lot of money
including groceries, includinggroceries which we're gonna talk
about some weird Money news.
Speaker 2 (19:52):
I am baffled that people can even still buy a
grocery.
We're gonna talk about someweird money news.
I mean a pack of beef being $12or something like that.
It's a little nuts.
What was wrong?
Beef, beef.
I just want that's just.
Yeah, I've picked up plenty ofpacks of hamburger for people
(20:13):
and it's like geez, $13 for Lessthan a pound.
What?
Speaker 1 (20:19):
what is wrong with these people?
I think I'm just gonna live offbacon bro, I live off chips.
Speaker 2 (20:25):
Okay, so I Eat once a day, maybe I don't know how
people do.
Even even if I'm making moneyall the time every day, I'm like
you.
Know how often I grocery shop?
Maybe once a month.
It's your.
Yes, I'm just throwing in my mylittle quips there.
Speaker 1 (21:13):
All right and we're back, so we've got some very
weird financial news.
The first one, gotta say, notso weird.
We kind of started kicking itoff before the break and that is
(21:34):
that.
Speaker 2 (21:36):
Americans are spending the biggest share of
their income on food in threedecades.
Oh, wow, shocker, wow, shocker.
This doesn't surprise me inthis lightest brother.
So, About it?
No, I'm not shocked at allPeople.
Speaker 1 (21:56):
No, like seriously it's.
It's one of those things likeI've had to cut back on like
dude I, I can't cut back anymore, literally, you know, it's just
not right but, like you everfind yourself spending more on
food than you should and then,like I, have to take a look at
my week and spend more on Otherthings, or try to, you know.
Speaker 2 (22:22):
I don't think I spent more on a hat than I did on
food.
Speaker 1 (22:28):
Uh Well, you're doing better than me because I spent
a lot of money on food.
Oh my gosh, why does it cost somuch?
All right, well, we're gonnatake a look at this and see if
we can find some of the Reasonwhy this weirdness is happening.
So here we go, can that?
Speaker 2 (22:45):
actually be considered fasting by not buying
as much.
Speaker 1 (22:48):
I mean, you just eat less.
Speaker 2 (22:51):
That's what I mean.
Yeah, Okay cool.
Speaker 1 (22:52):
I mean there is found me.
There is like intermittentfasting when it's just must be
what it is one time during theday, I'll claim that that's fine
.
Speaker 2 (22:59):
All right Um between groceries and restaurants.
Americans are spending more oftheir income on food than they
have in 30 years.
That's according to the latestdata from the USDA.
What why?
Speaker 1 (23:11):
did you say it like that?
Speaker 2 (23:12):
Hey, I was accentuating 30 years I was.
I was emphasizing.
Okay, that's according to thelatest data from the USDA, which
shows that us Consumer spentmore than 11 percent Of their
disposable income on eating.
Hey, it says disposable.
That's crazy.
Don't say like primary.
Speaker 1 (23:31):
Isn't it like when you do the rule of like becoming
successful, isn't it?
You're not supposed to spendMore than what 4% on housing or
something like that.
Speaker 2 (23:44):
I don't know.
Speaker 1 (23:44):
You're the man like a quarter of your finances on
housing, a quarter on food, likeI don't know.
Speaker 2 (23:52):
I by 11 percent that might be considered
irresponsible adult when itcomes to this, because I'm not
sure about the percentages.
Um, I have to look that upbecause I need to like a the
financial rule.
Speaker 1 (24:03):
You're not supposed to spend more than 4% on housing
, more than you know 4% on foodor whatever.
But I feel like Our Percentagesare all out of whack,
especially everything's out ofwhack if you got more than 11
percent on just eating, that'sterrible right.
Speaker 2 (24:21):
Yes, and from 4 to 11 percent, taking mine it does
say whether at home or arestaurant.
Speaker 1 (24:28):
Yeah, like I've been grocery shopping and tried to
buy the cheapest stuff and I'mspills, I'm still spending like
20 to 50 bucks when I get out ofthere.
Yeah, even on the cheapeststuff at like walmart or kruger.
It's ridiculous.
All right, keep going.
Sorry.
Are you sorry, though?
Speaker 2 (24:46):
No, Well, whether at home or at a restaurant, in 2022
.
The highest percent is since1991.
This is really a metric.
That's about the share of ourdisposable personal income.
What's the usda trex?
And which recently was atessentially a 31 year high?
Jesse Newman, food reporter forthe wall street journal, told
(25:07):
cbs news.
Why does food cost so much?
Experts say painfully high foodprices and ongoing inflation
more generally help explain whymany americans Are down on the
economy.
Despite low unemployment,rising wages and steady economic
growth, inflation is expectedto continue slowing this year
slowing really with the nationalAssociation for business
(25:30):
economics.
Speaker 1 (25:31):
That's bogus.
Speaker 2 (25:32):
It's speeding it up on monday, forecasting with the
consumer price index, a basketof common goods and services
Will decline to an annual rateof 2.4 percent this year,
compared with 4.1 percent in2023 and 8 percent in 2022.
That was a lot of complicated,yeah, I was like I kind of wish
(25:54):
I hadn't picked this now, justreading that really.
Pointing eight percent and Okay.
Speaker 1 (26:05):
Like okay, so I can't .
I can't think of Like my exactnumbers, but I feel like if we
looked at Exact numbers of whatwe spend every day, I feel like
food takes up most of it, unlessyou're paying for housing,
because if you're paying forhousing in 2024, it's Redoculous
(26:26):
, it's like it's.
It's so expensive now I don'tparticularly trouble myself with
percentages or right.
I mean if you're able tosurvive and still pay your bills
, Uh good on you.
Speaker 2 (26:40):
I'm alive and not starving, so that's literally
where I what I count like.
Speaker 1 (26:47):
If I'm here, all right the next day and I'm not
starving, I want I'm fine.
Speaker 2 (26:52):
I don't care about budgeting or whatever to oh,
dude, okay, but If I can eat asandwich if you find all day
that's a good question.
Speaker 1 (27:05):
No, if you had a ton of money, like say, even if I
did, I wouldn't a ton of moneyWould you budget or not?
Speaker 2 (27:14):
If I had to, I guess I.
Speaker 1 (27:16):
Like if you had a ton of money.
I don't certain stuff set aside, like you kind of Probably,
even if you didn't budget, youprobably still have it in the
back of your mind, right Like Ihave this money set aside for
this a lot of like I, anythingreally, I okay, you're, you and
I are fundamentally,fundamentally different days.
Speaker 2 (27:38):
I can't even talk fundamentally different when it
comes to that.
You have what like 10 billsmaybe at a time.
Speaker 1 (27:46):
I mean I'm not going to get too personal.
Speaker 2 (27:48):
No, you have to have a set of bills.
You have a list compared to mylike, your list would be like
five times as big as mine, right?
Speaker 1 (27:58):
Because, well, I'm a single dude.
Speaker 2 (28:00):
I am married and I have kids.
We're fundamentally differentwhen it comes to that Right,
which is why I wanted to talkabout this.
Speaker 1 (28:06):
Okay, there are people, listen, that are single.
Yeah, they aren't married, theydon't have to worry about
certain things like, and that'sa good question, even if you had
the money, would you budget?
Would you kind of just be likeyou know?
Speaker 2 (28:19):
as long as.
Speaker 1 (28:19):
I got this paid for.
Speaker 2 (28:20):
I'm good.
Circumstances were different.
Yes, I would Okay, but as ofright now.
Speaker 1 (28:26):
I don't need to and I don't care.
Speaker 2 (28:27):
Right, right.
I guess that's the difference.
Speaker 1 (28:29):
So it helps if you're living off the grid or not,
right, yeah, like, if you'reliving off the grid or the land,
do you have a lot less billsthan most people?
So I'd imagine you don't haveto worry about budgeting as much
because you're not really, Iliterally only need the
essentials.
(28:50):
You got to imagine that peoplelive off the grid.
They make a lot of moneybecause they do not spend a lot.
Speaker 2 (28:56):
Yeah, they should, you'd think they would?
Speaker 1 (28:59):
I don't think so, like if you're, because the guys
that I've seen live off thegrid.
They build the stuff that theyneed and then that's it.
So they'll spend the money onthe stuff like the rain
collector or the solar panels,whatever, and the garden and
whatnot.
They'll spend the money on that, but then that's it.
Once they're done, they're done, yeah, and then the only thing
(29:20):
they have to pay for is landtaxes if they even have to pay
that.
That's sort of how I lived, dude, so.
But you know the governmentdoesn't like that.
So you know, and I am scared,but y'all need to be doing that
Like we all need to be livingoff the grid at some point, we
all should be self-sufficientanyway.
Yes, I agree, I totally agree.
(29:42):
Speaking of making money, whatdo you got for us?
Speaker 2 (29:48):
The next article we're going to cover is the
title is Texas man made 1.76million from insider trading by
Eve by dropping Eve's on wife'sbusiness, calls.
Speaker 1 (30:01):
Justice Department says these are the sound, the
newscom.
Speaker 2 (30:06):
This sounds ideally fun, at the risk of founding an
arrogant.
Speaker 1 (30:11):
I want to know what happened with this, because
apparently he made a businessfrom Eve's dropping dropping his
wife and made a ton of money.
Speaker 2 (30:22):
I want to know how to do that, because I want to kind
of drop Eve's on other peoplenow and now did he do this
legally?
Speaker 1 (30:28):
Did he get busted?
What?
Speaker 2 (30:29):
happened.
Speaker 1 (30:31):
How legal if?
It doesn't sound legal, but italmost sound legal.
You know what I mean.
Speaker 2 (30:35):
Like it almost sounds like how could it be illegal if
it's not technically illegalbut it's?
The Justice Department isinvolved now, so I'm assuming it
will see, we'll see.
Speaker 1 (30:47):
Let's see what this guy did?
Speaker 2 (30:49):
A man from Houston overheard his work from home
spouse talking business and usedthat information to make over
$1.7 million in an insidertrading scheme.
Federal authority said so hedidn't get busted, looks like,
but how?
Tyler Loud and 42 pleadedguilty Thursday to securities
fraud.
That's a thing for buying andselling stocks oh based I get it
(31:12):
Spying and selling stocks basedon details clean from his
wife's business conversationswhile both were working from
home.
He made 1.7 mil in profits fromthe deal, but has agreed to
forfeit those gains, the JusticeDepartment announced in a news
release.
That's a bummer.
Mr Loudon made a serious errorin judgment, which he deeply
regrets and has taken fullresponsibility for.
(31:33):
His attorney, peter Zidenberg,said in a statement to CBS News,
things might have turned outdifferently had Loudon or his
wife decided to work from wellthe office.
Loudon's wife worked as amergers and acquisition manager
at the London based oil and gasconglomerate.
(31:53):
There we go BP.
So when Loudon overhearddetails of a BP plan to acquire
Travel Centers, a truck stop andtravel center company based in
Ohio, he smelled profit.
He bought more than 46,000shares at the truck stop company
before the merger was announcedon February 16th 2023, at which
point the stock soared almost71 percent, according to the
(32:16):
Securities and ExchangeCommission.
Speaker 1 (32:18):
Okay, here's my problem with this.
Is that fraud, or is that justbeing smart in the right place
at the right time?
Speaker 2 (32:27):
I think it's just like the control edge, because
it sounds like people are justmad because he made money.
They are definitely just butthurt that he made money.
Speaker 1 (32:34):
It sounds like they're just mad because he made
money.
That doesn't sound like fraudto me at all.
This is just pathetic.
In my opinion it sounds like,hey, because he had insider
information.
He used that for his businessand his trades.
Then they got butt hurt that hemade the money and they were
like well, what I want to knowis why does it matter?
Speaker 2 (32:58):
It was his wife also like I don't know.
You heard your wife'sconversation.
Speaker 1 (33:04):
It's based off the company she worked for right.
So technically, if we wanted tobe technical about it, he
wasn't allowed to access thoseconversations.
You're not supposed to listento those?
Yeah, and I feel like it'stheir fault for letting them
hear those conversations.
Like, if anything, it's hiswife's fault for letting them
hear the conversation.
Speaker 2 (33:25):
If it was so illegal, then you shouldn't have the
conversation, and they shouldcharge the wife too, I would
think, because she was negligent.
Speaker 1 (33:33):
Well, they didn't, because he was the one that made
the purchase and made the money.
Speaker 2 (33:37):
Negligence has to count for something.
Speaker 1 (33:39):
I don't know, but to me this sounds like they were
just mad because he made moneyoff of it.
They were just bitter, likecome on man, like I'm sorry.
Speaker 2 (33:50):
To me it just sounds sad it sounds smart.
Speaker 1 (33:53):
That's exactly what it was, because I'll tell you
what.
What he's doing is no differentfrom when an investor is like I
know this business is going totake off.
Speaker 2 (34:02):
How is this any different than a rumor you hear
or a friend tells you something?
Hey man, I invested in thisstock.
Maybe you should do.
I don't get it.
Speaker 1 (34:12):
This is the kind of stuff that stops people from
getting rich and taking care oftheir family, like oh, they're
going to do everything they canto stop that.
And he didn't get punished tooharshly.
He did agree to hand over theprofits and all that, so he
didn't get punished too harshlyfor this.
At the same time, I just feellike it's more people trying to
(34:34):
control.
Speaker 2 (34:35):
That's exactly what it comes out of Money that
you're making.
Speaker 1 (34:37):
That is all it is, and it's like if you have a good
idea, don't let anybody know,because then Well, there's some
more to that yeah go for it whenwe got.
Speaker 2 (34:48):
Loud and then allegedly sold the stock
immediately for a gain of 1.76million.
His spouse was unaware of hisactivity, according to the US
Attorney's Office.
Speaker 1 (34:57):
See, that's where he messed up.
He should have kept it.
Speaker 2 (35:01):
It was gonna be seized either way.
Speaker 1 (35:03):
No because the whole reason why this thing got blown
up is because he made the 1.76million if he would have kept
that stock, nobody would haveknown.
So I guess he was down thereand then down the road, he could
have just set it aside forcollege or made it, you know
whatever sold the stock later.
Speaker 2 (35:24):
So that was.
That was a misstep right there,loud, and will be sentenced on
May 17th when he faces up tofive years in federal prison and
a possible fine of up to$250,000.
Speaker 1 (35:34):
So I think that's light.
Yes, he could have got that'slight compared to what.
Speaker 2 (35:41):
I mean if it's his first offense, that's still
pretty bad.
Speaker 1 (35:44):
But he should have just kept the stock and he
should just said hey, he wasn't.
Speaker 2 (35:49):
He wasn't thinking clearly.
Obviously you may also owe afine, in addition to the other
penalties, in order to resolve aseparate and still pending
civil case brought by the SEC,of course these are all our
opinions, guys.
Speaker 1 (36:00):
Don't take our stuff for salt.
We just like to be funny andhave fun with the news.
I Don't encourage anybody to doanything illegal, all right,
but here's the thing with this.
The reason why the red flagcame up is because he sold it
immediately.
Yeah, and if he would have justkept it and said, hey, this is
something I'm interested in,nobody would have questioned him
(36:22):
.
Otherwise Nobody would havecared.
Yeah, he would have just ownedthat stock.
Speaker 2 (36:27):
So we allege that mr Loudon took advantage of his
remote working conditions andhis wife's trust to profit from
information he knew wasconfidential, said Eric Warner,
regional director of the SEC'sFort Worth Regional Office.
The SEC remains committed toprosecuting such malfeasance.
Speaker 1 (36:43):
See, you could also be like Did I know it was
confidential though.
I mean this conversation isgoing on in my house.
What am I supposed to do?
You know?
Speaker 2 (36:53):
You prove that I was listening to it.
That's some shaky justice rightthere.
Yeah, yeah, like, unless yougot bugs in my house, you know
what you can prove that the he,they should not have been able
to charge them at all, in myopinion, because the you can't
prove that he was listening.
Well, he outed.
Speaker 1 (37:11):
He outed himself when he sold for that 1.76 million.
Yeah, that's what it was.
Speaker 2 (37:16):
If he would have just had done that, he would have
had.
Speaker 1 (37:18):
Yeah, I feel like he would have been fine.
He would have just owned,stocked, like everybody, buy
stock.
It's not a and especially like,be smarter people.
It just makes sense to me thathis wife works at a certain
company and he would want to buythose stocks.
Yeah, you know what I mean.
Like, hey, my wife works forthis company.
They're doing really well.
I, I feel like I want to investin this company.
(37:41):
That makes sense to me.
Yeah, you know what I mean.
So it's the fact that he soldit right away, trying to profit.
That's where they get you,because anybody who knows.
Anybody who knows stocks knowthat you buy it for the long
term, not the short term.
Speaker 2 (37:55):
Yeah, when you buy a share, keep it.
Speaker 1 (37:59):
You don't sell it, right away, so that just looks
fish.
Only if you need to.
In my experience, yeah, itlooks fishy if you're like hey,
I bought this yesterday, I'mgonna sell it today, I wish.
Speaker 2 (38:13):
Netflix shares were still cheap.
I can't believe.
I want to.
Speaker 1 (38:18):
If you in the audience that are listening
right now, if you guys got anyweird or funny financial stories
that you would want to send us,we have a Facebook and
Instagram and YouTube YouTubepage.
We have it.
It's live, oh yeah, yes, and wehave an email.
So if you guys want to send us,just look up weird world
(38:39):
variety with Matt and Jesse andyou can send us your stories.
You can comment, you can go seethe videos for yourself.
We got the YouTube page up.
WWE should pop it up, I wouldthink won't be long till we do
live videos here soon.
So, and then we also areplanning to eventually have a
(39:00):
voicemail where you could callin my idea.
Yes, send us your comments andyour stories, and we'd love to
hear from you.
So you know what.
I think that's all we got fortoday, but I oh, that's fine
with me.
Alright, so from the WWE, areyou weird yet?
(39:24):
I hope so.
Keep it weird everybody.
Thank you everybody forlistening.
Thanks.
We'll see you next time.
Speaker 2 (39:56):
Oh.
Speaker 1 (40:53):
Hey.
What's up everybody?
What's up everybody?
How you doing, how you doing.
Hey, here we go.
We're listening to Weird.
Speaker 2 (00:23):
World of a variety.
That's right, we'll be thereand realize all of it.
Just click on it accidentally.
But if you didn't, then thanks.
Thanks for coming.
Yeah, Weird.
Speaker 1 (00:38):
World of a variety.
I'm here as well as my co-host,jesse.
Yeah, give it up for him.
Did you miss me?
Speaker 2 (00:47):
I bet you did because Matt's so low.
Speaker 1 (00:50):
Yeah, they were kind of upset that you weren't here
last week man, I have no doubt.
Speaker 2 (00:55):
I mean, I am the personality here, oh, okay.
Speaker 1 (01:00):
Okay, alright, I'm always convinced right.
No, but we did miss you, so Idon't know what you did.
Definitely, definitely,definitely.
Speaker 2 (01:14):
Alright, we got a lot for you guys today, but first
we were talking about picklesearlier, dude, I just saw this
weird like totally blonde momentchick video.
She was like she was holding acucumber.
She goes why did they pickleeverything but cucumbers?
I'm thinking, are you seriousright now?
Speaker 1 (01:39):
Yeah, I had another video.
I don't know if I sent it toyou I don't think I have yet but
it was this guy.
It popped up on my feet.
He does this series calledwho's Buying this.
You ever seen this?
It's like this video series oflike where he goes through the
store and he picks the weirdestthings that like nobody would
(01:59):
buy and he goes who's buyingthis?
Speaker 2 (02:03):
And that's his whole series.
Speaker 1 (02:05):
He just picks up a random item and says yes, so the
item that he picked up thisweek was pickle jelly beans Ew,
that's not gross man.
He goes who's buying this?
That does sound gross.
And then his whole thing is hebuys the item and then he goes
out to his car and tries it.
Speaker 2 (02:24):
So he probably he picks one in his mouth and he
makes a face like ew.
Speaker 1 (02:29):
Yeah, so he bought the item and then he was like
he's like I'm going to go try it, and then he had the like the
most weirdest face.
Speaker 2 (02:39):
I've seen that a lot actually Not that particular
channel or whatever, but I haveseen people do that plenty.
Speaker 1 (02:45):
Yeah, so if you ever see pickled jelly beans, you're
going to have to tell me whatthat tastes like, because I know
I'm never going to try it.
Speaker 2 (02:56):
I don't ever intend to either.
That sounds gross.
Speaker 1 (03:00):
Oh yeah, there is no way I don't think I'd be able to
.
Speaking of weird stuff, we'vegot a bunch of weird news for
you today.
Are you guys ready?
All right, all right, all right.
So here we go, starting withour first story of the week.
(03:22):
We're going to bring it up, andthis week I thought I would get
a little sciency on you, didyou really?
Yes, we're going to get lost inthe Stone Age huh, it's been a
while since we've been to theStone Age of science.
(03:43):
We do a lot of weird news andsome of it involves science,
some of it is just plain weird,and I thought we would do a
little science section.
This week I've got a good onefor you.
Scientists scanning theseafloor discover a lost, long
lost Stone Age megastructure.
(04:04):
Lost long, yeah, lost long,lost Stone Age megastructure at
the bottom of the seafloor.
Now, what could this be about?
I have no idea.
Speaker 2 (04:15):
Dude, they found Atlantis.
I'm waiting for it.
You're waiting for it, Dude.
We're going to be waiting awhile.
Speaker 1 (04:21):
You know it's down there, it's probably down there,
unless this is part of itEither that or they already
found it and they're just nottelling us which that wouldn't
surprise me either.
Yeah, you know there's a lot ofthings they don't want us to
find.
Speaker 2 (04:36):
Don't die.
Don't die, I mean man, I mightyou never know, If I disappear
for good.
That's what happened, mabel.
Sorry, you can't help it.
Speaker 1 (04:47):
So, yeah, let's dive into this story and see what's
going on.
Here we go.
In the fall of 2021, JacobGeerson I want to say Geerson a
marine geologist now at theLebanese Institute for Baltic
Sea Research, was teaching a oneweek field course at the
(05:08):
University of Kiel.
The class was conductedentirely aboard a research
vessel on the Baltic Sea.
Gerson prefers the open-airclassroom, so do I.
Do you want to be stuck indoors, or would you rather be outside
?
Speaker 2 (05:22):
I would rather be stuck outside.
Yeah, exactly.
Speaker 1 (05:26):
I think I would like this class being outside on the
boat.
Yeah, definitely, it's quiteintense, he says, but for some
of the students, it's maybe thebest time during their studies.
Dude, I would love that, if youlike, in the middle of your
college classes, like, yeah, hey, we're going out to sea today,
so we're going to go to theocean and, you know, do some
(05:47):
research, bruh, where's my?
I would love to do that.
Where's my thing here?
Here you go.
And then yeah, I'll be swimmingwith them and betting them and
talking smack.
Speaker 2 (06:00):
Also, You're talking smack.
It's like, yeah, hey, so thehumans are up to it again on the
surface.
Yeah, you would Over there onthe shore, you wouldn't believe
what happened.
I'm sure, like they threw afish at me and they're like here
, flipper, eat, you know.
Speaker 1 (06:16):
And I'm like I'd rather eat you, but Pardon my
pun, but I feel like dolphinsare the most flippant Literally
flippant, yes of the seacreatures.
Speaker 2 (06:26):
They'd probably flip you off.
Speaker 1 (06:27):
So I feel like if anybody is gossiping about the
surface, it's gotta be thedolphins.
Speaker 2 (06:33):
I have no doubt that they're like.
They are talking smack.
And even as a fish, I told Iknew it, Bro, did you see the
other day?
I mean they have the audacity.
Speaker 1 (06:48):
I guarantee, I have no doubt, guarantee they're
talking smack, all right.
So let's continue here.
During the night shift eachevening, students map the shape
of the sea floor at highresolution.
Usually, if we go somewhere anddo these measurements, says
Gearsen, then we find somethinginteresting.
This research crews proved noexception One night in the Bay
(07:12):
of Mecklenburg.
Is that how you said that,makkelberg?
Speaker 2 (07:15):
Makkelberg.
That's where Macklemore fromMacklinburg oh.
Speaker 1 (07:21):
Mecklinburg, off the coast of northern Germany, the
students fired up the echosounders and mapped a swath of
the sea floor.
The next day we downloaded thedata, said Gearsen, and it was,
and it was.
Then, when we were sittingtogether, we saw that there was
something on the sea floor.
It was something special.
(07:42):
They didn't know it at the time, but not quite 70 feet below
the surface they stumbled upon astone wall more than half a
mile long that dated back to thestone age, one of the oldest
such mega structures on theplanet.
In research published in PNAS,yes, gearsen and his colleagues
(08:04):
say that this piece of ancienthunting architecture may have
been used to corral and huntreindeer, adding a level of
sophistication to theprehistoric hunter gatherers who
lived 10,000 to 11,000 yearsago.
So this wall that theydiscovered was apparently an
ancient stone structure.
(08:24):
I feel like they're guessing onsome of like what it is,
because you know, most ofscience is just guessing.
But anyway, that's what theythink it is.
Gearsen's guessing, gearsenguessing.
But yeah, I don't, I don't know, man, the picture that they
(08:45):
have here Not going to lie.
Speaker 2 (08:47):
It's like a toy on a.
What's up with that?
What is that Is?
I don't know what that is.
It looks like a toy out ofplace on the bottom oh seafloor.
Speaker 1 (08:59):
What am I?
It says it's a scale, I don't,I don't know.
Yeah, like I think they'retrying to compare the size of
the rocks, although to me itjust looks like rocks, so I'm
not sure.
Um right, it was sort of.
Yeah this is supposed to be asection of the wall, but
(09:19):
honestly it doesn't look likestructure or look like anything.
Hey, terrible picture, yeah,whatever you know, maybe they're
down to say this is, this isyour structure for the week.
So there you go.
Sad, I don't know.
I feel like half the timethey're covering up the real
(09:39):
structures.
I bet they are and they're justthrowing like oh, here's some
stuff out at us, here's somehere's some rocks.
They're going to go crazy oversome rocks.
Here you go Like come on, bro,some of the stuff we found on
the sea were crazier than this,I know Way crazier than this,
(10:00):
and then they wanted to coverthat up.
So it's like oh, they want tobe like.
Oh well, that was just an oldcity, you know nobody.
Speaker 2 (10:07):
I don't understand why you'd want to hide something
of significance like that.
Uh.
Speaker 1 (10:12):
I feel like jealousy, but they might be jealous, or
what A lot of theories of whythey ban you from going into the
Grand Canyon and stuff likethat.
I feel like half the time theydon't want you to know the truth
because they feel likeeverybody's going to freak out
on the planet, like it's goingto interrupt their belief
structure or something.
But I feel like even if yougave us the most crazy,
(10:38):
upsetting discovery of thecentury right Like, say, it's
like aliens are real and theircities, we never knew, people
still might not believe it, Ifeel like nobody would care or
care, like it's still cool, liketo us, a lot of us especially.
Okay, take, for instance, I'm aChristian, right so.
(10:59):
Take, for instance, like, if Ihear something cool, like, okay,
aliens are real, cryptids arereal, and Then like these
ancient structures of, like, oldcities actually existed, that's
not really gonna change mybelief at all.
Speaker 2 (11:16):
I anytime I hear a man.
If it is real demons.
Speaker 1 (11:19):
It's like, okay, cool , it's real.
Like I just think it's cool,like it could be just a part of
history we don't know about,like a section that we're
missing in a book.
It's, it's all the same to me.
Like, for instance, they saythe the Bible times was a
certain amount of years ago,right, well, I was in roughly we
(11:41):
don't have every answer toevery period of time in history.
There's.
Speaker 2 (11:46):
God's not gonna give us every single answer.
Speaker 1 (11:48):
Yeah, there is so much time missing like from our
history, like it wouldn'tsurprise me if there's a ton of
other discoveries we don't knowwhat you know, is it both, while
science tries to give us morebut neither can actually give us
, they're all guessing, yeahlike you know what I mean.
Like even their dating systemlike Half the time is one way
(12:10):
and then the other half the timethey're like oh no, yeah,
that's this.
It's like, no like.
Speaker 2 (12:15):
Well, we already just read the Mayans or whatever,
right, because they didn't thinkwe'd go past 2000.
Speaker 1 (12:20):
Dude, there's probably tons of time that we
don't know about, and my respectis the more discoveries the
better.
So they need to stop hidingstuff and bring out some cool
stuff, because you know we'rebored up here.
We need some cool discoverieslike come on now.
Speaker 2 (12:36):
We.
It's tempting me to go downthere myself.
Hey.
Hey, here's some, here's someno nonsense proof right here
folks.
They're lying again, you know.
Speaker 1 (12:50):
Let me see if I can find a sound for our next story.
Let me, let me see.
Here is would this be it?
Okay, that sounds weird.
I know that's not this.
That's not the thing I waslooking for.
There we go, that's better.
(13:10):
I'm playing a weird sci-fisound.
There you go and that'll giveyou the theme for our next story
.
I'm sorry.
Former manager of DoD aerospacethreat program says UFOs are
real.
Speaker 2 (13:28):
Oh, they're Cementing it again, or what?
Speaker 1 (13:34):
Quote-unquote.
Speaker 2 (13:35):
UFOs are real.
Oh, you don't say, haven't theyadmitted this already?
Speaker 1 (13:40):
after the government revealed this year that you have
oh yeah, hey, folks, aliens arereal.
Speaker 2 (13:45):
Oh really, where they at, I don't know.
Speaker 1 (13:48):
Okay, well, this is an older article, but I thought
it'd be kind of fun Rememberwhen it like was are you gonna
release them to us or what'sgoing on?
Like remember when it was likeGOV bad Juju to talk about UFOs
at all, like to say that, oh, Isaw something.
And then they'd be likeeverybody's debunking them right
away.
Speaker 2 (14:08):
Yeah, so now you're full of it.
Look, that's a shadow, or youwere seeing that.
What were you taking?
Some medicine, what?
Speaker 1 (14:17):
This.
This cracks me up because thiswas an older article back in
2017, kind of kicking off thewhole, like how in the world did
you find that I Found?
Speaker 2 (14:28):
it.
I'm just that guy yeah, I'mjust he.
Speaker 1 (14:30):
just he claims to be that good it kind of it kind of
kicked off the whole, likecementing that UFOs are a real
possibility.
Speaker 2 (14:38):
So they're looking back, oh, they're taking a
glance at the past and they'relike oh yeah, here, by the way,
oh this was.
Speaker 1 (14:45):
This was the year.
More proof in the past thatthey were like hey, we should
take this more seriously.
2017, if you remember, rightbefore 2019, the pandemic they
started playing them yeah likeactual footage, like 2017 to
2018.
I started throwing actualfootage and then they had
(15:08):
officials like this coming outsaying, hey, maybe we should
take this more seriously and letthe army talk.
And that was when they startedSaying oh okay, if you report it
, we're not going to Put youdown for reporting it anymore.
So that's when Navy officersand everybody started coming
forward I in that time you keepforgetting me.
Speaker 2 (15:31):
watch more videos than me, so here's.
Speaker 1 (15:34):
Here's.
Here's an example.
Okay, something extraordinarywas revealed today and, if you
want to follow along, these arefrom huff post.
The previous article was fromNPRorg.
This is from huff post.
Calm, some extraordinary.
Something extraordinary wasrevealed today.
Former high-level officials andscientists with deep black
(15:59):
experience, the that deep black,not black, always remain in the
shadows came forward on oneplatform.
These insiders havelong-standing connections to
government agencies which mayhave programs investigating
unidentified aerial phenomena.
Uaps slash UFOs.
(16:20):
The team includes a 25-yearveteran of the CIA's director of
operations, a Lockheed MartinMartin program director for
advanced systems at skunkworksoh, that's a delightful name and
a former deputy assistantsecretary of defense for
intelligence.
Today mark the official launchof To the stars Academy of Arts
(16:45):
and Science, an innovativepublic benefit corporation which
will advance research intoUnexplained phenomena and
developed related technology.
It has established threesynergistic divisions science,
aerospace and entertainment.
We believe there arediscoveries within our reach
that will revolutionize thehuman experience, says company
(17:08):
president and CEO Tom DeLonge.
So if you remember, this waswhen this was established.
So any of my UFO researchersout there know about this and
they know this kind of kickedoff a lot.
So I thought it was a funarticle to do and I thought it'd
(17:29):
be an interesting story becausethis is when Stuff got real, if
you know what I mean.
This is when they started liketaking UFOs seriously, which
they should have a lot sooner.
But Everything was kind ofwarming up to this Establish of
the to the stars Academy andthen you had naval officers
(17:51):
coming forward and then you havevideos being released.
And now we've got all kinds oftechnology.
Now You're starting to see youhave video, ufo videos and like
4k, so Won't be long, probablylooks.
It won't be long before peopleare like hey, we got some actual
footage you might want to payattention to.
Speaker 2 (18:14):
Well see, it's hard for me to pay attention to stuff
like that when I'm just readingwhat I should be.
You know what I mean right,right, I agree.
Speaker 1 (18:24):
But yeah, there you go.
There is my Science weirdsection of the week.
We've got the to the starsAcademy when it was established
and are you gonna stone.
Speaker 2 (18:38):
Megastructure.
Are you wanting to sign up forthe, the to the stars Academy?
Speaker 1 (18:43):
I'm gonna sign up to the stars Academy after I go
into the sea and discover thelost stone Megastar that sounds
like plan brah.
Speaker 2 (18:51):
I think I'd do it in that order to okay, let's go see
if I drown first, and then I'lljoin To go check out the stars
and everything.
I'll tell you what, though ifsomebody gave me the opportunity
to explore the ocean, I Wouldbe scared out of my mind but I
probably do it because even ifI'm gurgling I I will
(19:13):
potentially see I what I need tosee and, like I said, it would
be a no-nonsense disclaimer.
Hey guys, I almost died, but hey, here you go.
Here's a better picture, or Isaw it.
I totally saw the big old walldown there, my gosh.
I explored as much as I could,but I was run out of air, so I
(19:35):
resurfaced as fast as possible.
Speaker 1 (19:38):
Well, that kind of trip would probably take a lot
of money.
And speaking of money,Everything costs a lot of money
including groceries, includinggroceries which we're gonna talk
about some weird Money news.
Speaker 2 (19:52):
I am baffled that people can even still buy a
grocery.
We're gonna talk about someweird money news.
I mean a pack of beef being $12or something like that.
It's a little nuts.
What was wrong?
Beef, beef.
I just want that's just.
Yeah, I've picked up plenty ofpacks of hamburger for people
(20:13):
and it's like geez, $13 for Lessthan a pound.
What?
Speaker 1 (20:19):
what is wrong with these people?
I think I'm just gonna live offbacon bro, I live off chips.
Speaker 2 (20:25):
Okay, so I Eat once a day, maybe I don't know how
people do.
Even even if I'm making moneyall the time every day, I'm like
you.
Know how often I grocery shop?
Maybe once a month.
It's your.
Yes, I'm just throwing in my mylittle quips there.
Speaker 1 (21:13):
All right and we're back, so we've got some very
weird financial news.
The first one, gotta say, notso weird.
We kind of started kicking itoff before the break and that is
(21:34):
that.
Speaker 2 (21:36):
Americans are spending the biggest share of
their income on food in threedecades.
Oh, wow, shocker, wow, shocker.
This doesn't surprise me inthis lightest brother.
So, About it?
No, I'm not shocked at allPeople.
Speaker 1 (21:56):
No, like seriously it's.
It's one of those things likeI've had to cut back on like
dude I, I can't cut back anymore, literally, you know, it's just
not right but, like you everfind yourself spending more on
food than you should and then,like I, have to take a look at
my week and spend more on Otherthings, or try to, you know.
Speaker 2 (22:22):
I don't think I spent more on a hat than I did on
food.
Speaker 1 (22:28):
Uh Well, you're doing better than me because I spent
a lot of money on food.
Oh my gosh, why does it cost somuch?
All right, well, we're gonnatake a look at this and see if
we can find some of the Reasonwhy this weirdness is happening.
So here we go, can that?
Speaker 2 (22:45):
actually be considered fasting by not buying
as much.
Speaker 1 (22:48):
I mean, you just eat less.
Speaker 2 (22:51):
That's what I mean.
Yeah, Okay cool.
Speaker 1 (22:52):
I mean there is found me.
There is like intermittentfasting when it's just must be
what it is one time during theday, I'll claim that that's fine
.
Speaker 2 (22:59):
All right Um between groceries and restaurants.
Americans are spending more oftheir income on food than they
have in 30 years.
That's according to the latestdata from the USDA.
What why?
Speaker 1 (23:11):
did you say it like that?
Speaker 2 (23:12):
Hey, I was accentuating 30 years I was.
I was emphasizing.
Okay, that's according to thelatest data from the USDA, which
shows that us Consumer spentmore than 11 percent Of their
disposable income on eating.
Hey, it says disposable.
That's crazy.
Don't say like primary.
Speaker 1 (23:31):
Isn't it like when you do the rule of like becoming
successful, isn't it?
You're not supposed to spendMore than what 4% on housing or
something like that.
Speaker 2 (23:44):
I don't know.
Speaker 1 (23:44):
You're the man like a quarter of your finances on
housing, a quarter on food, likeI don't know.
Speaker 2 (23:52):
I by 11 percent that might be considered
irresponsible adult when itcomes to this, because I'm not
sure about the percentages.
Um, I have to look that upbecause I need to like a the
financial rule.
Speaker 1 (24:03):
You're not supposed to spend more than 4% on housing
, more than you know 4% on foodor whatever.
But I feel like Our Percentagesare all out of whack,
especially everything's out ofwhack if you got more than 11
percent on just eating, that'sterrible right.
Speaker 2 (24:21):
Yes, and from 4 to 11 percent, taking mine it does
say whether at home or arestaurant.
Speaker 1 (24:28):
Yeah, like I've been grocery shopping and tried to
buy the cheapest stuff and I'mspills, I'm still spending like
20 to 50 bucks when I get out ofthere.
Yeah, even on the cheapeststuff at like walmart or kruger.
It's ridiculous.
All right, keep going.
Sorry.
Are you sorry, though?
Speaker 2 (24:46):
No, Well, whether at home or at a restaurant, in 2022
.
The highest percent is since1991.
This is really a metric.
That's about the share of ourdisposable personal income.
What's the usda trex?
And which recently was atessentially a 31 year high?
Jesse Newman, food reporter forthe wall street journal, told
(25:07):
cbs news.
Why does food cost so much?
Experts say painfully high foodprices and ongoing inflation
more generally help explain whymany americans Are down on the
economy.
Despite low unemployment,rising wages and steady economic
growth, inflation is expectedto continue slowing this year
slowing really with the nationalAssociation for business
(25:30):
economics.
Speaker 1 (25:31):
That's bogus.
Speaker 2 (25:32):
It's speeding it up on monday, forecasting with the
consumer price index, a basketof common goods and services
Will decline to an annual rateof 2.4 percent this year,
compared with 4.1 percent in2023 and 8 percent in 2022.
That was a lot of complicated,yeah, I was like I kind of wish
(25:54):
I hadn't picked this now, justreading that really.
Pointing eight percent and Okay.
Speaker 1 (26:05):
Like okay, so I can't .
I can't think of Like my exactnumbers, but I feel like if we
looked at Exact numbers of whatwe spend every day, I feel like
food takes up most of it, unlessyou're paying for housing,
because if you're paying forhousing in 2024, it's Redoculous
(26:26):
, it's like it's.
It's so expensive now I don'tparticularly trouble myself with
percentages or right.
I mean if you're able tosurvive and still pay your bills
, Uh good on you.
Speaker 2 (26:40):
I'm alive and not starving, so that's literally
where I what I count like.
Speaker 1 (26:47):
If I'm here, all right the next day and I'm not
starving, I want I'm fine.
Speaker 2 (26:52):
I don't care about budgeting or whatever to oh,
dude, okay, but If I can eat asandwich if you find all day
that's a good question.
Speaker 1 (27:05):
No, if you had a ton of money, like say, even if I
did, I wouldn't a ton of moneyWould you budget or not?
Speaker 2 (27:14):
If I had to, I guess I.
Speaker 1 (27:16):
Like if you had a ton of money.
I don't certain stuff set aside, like you kind of Probably,
even if you didn't budget, youprobably still have it in the
back of your mind, right Like Ihave this money set aside for
this a lot of like I, anythingreally, I okay, you're, you and
I are fundamentally,fundamentally different days.
Speaker 2 (27:38):
I can't even talk fundamentally different when it
comes to that.
You have what like 10 billsmaybe at a time.
Speaker 1 (27:46):
I mean I'm not going to get too personal.
Speaker 2 (27:48):
No, you have to have a set of bills.
You have a list compared to mylike, your list would be like
five times as big as mine, right?
Speaker 1 (27:58):
Because, well, I'm a single dude.
Speaker 2 (28:00):
I am married and I have kids.
We're fundamentally differentwhen it comes to that Right,
which is why I wanted to talkabout this.
Speaker 1 (28:06):
Okay, there are people, listen, that are single.
Yeah, they aren't married, theydon't have to worry about
certain things like, and that'sa good question, even if you had
the money, would you budget?
Would you kind of just be likeyou know?
Speaker 2 (28:19):
as long as.
Speaker 1 (28:19):
I got this paid for.
Speaker 2 (28:20):
I'm good.
Circumstances were different.
Yes, I would Okay, but as ofright now.
Speaker 1 (28:26):
I don't need to and I don't care.
Speaker 2 (28:27):
Right, right.
I guess that's the difference.
Speaker 1 (28:29):
So it helps if you're living off the grid or not,
right, yeah, like, if you'reliving off the grid or the land,
do you have a lot less billsthan most people?
So I'd imagine you don't haveto worry about budgeting as much
because you're not really, Iliterally only need the
essentials.
(28:50):
You got to imagine that peoplelive off the grid.
They make a lot of moneybecause they do not spend a lot.
Speaker 2 (28:56):
Yeah, they should, you'd think they would?
Speaker 1 (28:59):
I don't think so, like if you're, because the guys
that I've seen live off thegrid.
They build the stuff that theyneed and then that's it.
So they'll spend the money onthe stuff like the rain
collector or the solar panels,whatever, and the garden and
whatnot.
They'll spend the money on that, but then that's it.
Once they're done, they're done, yeah, and then the only thing
(29:20):
they have to pay for is landtaxes if they even have to pay
that.
That's sort of how I lived, dude, so.
But you know the governmentdoesn't like that.
So you know, and I am scared,but y'all need to be doing that
Like we all need to be livingoff the grid at some point, we
all should be self-sufficientanyway.
Yes, I agree, I totally agree.
(29:42):
Speaking of making money, whatdo you got for us?
Speaker 2 (29:48):
The next article we're going to cover is the
title is Texas man made 1.76million from insider trading by
Eve by dropping Eve's on wife'sbusiness, calls.
Speaker 1 (30:01):
Justice Department says these are the sound, the
newscom.
Speaker 2 (30:06):
This sounds ideally fun, at the risk of founding an
arrogant.
Speaker 1 (30:11):
I want to know what happened with this, because
apparently he made a businessfrom Eve's dropping dropping his
wife and made a ton of money.
Speaker 2 (30:22):
I want to know how to do that, because I want to kind
of drop Eve's on other peoplenow and now did he do this
legally?
Speaker 1 (30:28):
Did he get busted?
What?
Speaker 2 (30:29):
happened.
Speaker 1 (30:31):
How legal if?
It doesn't sound legal, but italmost sound legal.
You know what I mean.
Speaker 2 (30:35):
Like it almost sounds like how could it be illegal if
it's not technically illegalbut it's?
The Justice Department isinvolved now, so I'm assuming it
will see, we'll see.
Speaker 1 (30:47):
Let's see what this guy did?
Speaker 2 (30:49):
A man from Houston overheard his work from home
spouse talking business and usedthat information to make over
$1.7 million in an insidertrading scheme.
Federal authority said so hedidn't get busted, looks like,
but how?
Tyler Loud and 42 pleadedguilty Thursday to securities
fraud.
That's a thing for buying andselling stocks oh based I get it
(31:12):
Spying and selling stocks basedon details clean from his
wife's business conversationswhile both were working from
home.
He made 1.7 mil in profits fromthe deal, but has agreed to
forfeit those gains, the JusticeDepartment announced in a news
release.
That's a bummer.
Mr Loudon made a serious errorin judgment, which he deeply
regrets and has taken fullresponsibility for.
(31:33):
His attorney, peter Zidenberg,said in a statement to CBS News,
things might have turned outdifferently had Loudon or his
wife decided to work from wellthe office.
Loudon's wife worked as amergers and acquisition manager
at the London based oil and gasconglomerate.
(31:53):
There we go BP.
So when Loudon overhearddetails of a BP plan to acquire
Travel Centers, a truck stop andtravel center company based in
Ohio, he smelled profit.
He bought more than 46,000shares at the truck stop company
before the merger was announcedon February 16th 2023, at which
point the stock soared almost71 percent, according to the
(32:16):
Securities and ExchangeCommission.
Speaker 1 (32:18):
Okay, here's my problem with this.
Is that fraud, or is that justbeing smart in the right place
at the right time?
Speaker 2 (32:27):
I think it's just like the control edge, because
it sounds like people are justmad because he made money.
They are definitely just butthurt that he made money.
Speaker 1 (32:34):
It sounds like they're just mad because he made
money.
That doesn't sound like fraudto me at all.
This is just pathetic.
In my opinion it sounds like,hey, because he had insider
information.
He used that for his businessand his trades.
Then they got butt hurt that hemade the money and they were
like well, what I want to knowis why does it matter?
Speaker 2 (32:58):
It was his wife also like I don't know.
You heard your wife'sconversation.
Speaker 1 (33:04):
It's based off the company she worked for right.
So technically, if we wanted tobe technical about it, he
wasn't allowed to access thoseconversations.
You're not supposed to listento those?
Yeah, and I feel like it'stheir fault for letting them
hear those conversations.
Like, if anything, it's hiswife's fault for letting them
hear the conversation.
Speaker 2 (33:25):
If it was so illegal, then you shouldn't have the
conversation, and they shouldcharge the wife too, I would
think, because she was negligent.
Speaker 1 (33:33):
Well, they didn't, because he was the one that made
the purchase and made the money.
Speaker 2 (33:37):
Negligence has to count for something.
Speaker 1 (33:39):
I don't know, but to me this sounds like they were
just mad because he made moneyoff of it.
They were just bitter, likecome on man, like I'm sorry.
Speaker 2 (33:50):
To me it just sounds sad it sounds smart.
Speaker 1 (33:53):
That's exactly what it was, because I'll tell you
what.
What he's doing is no differentfrom when an investor is like I
know this business is going totake off.
Speaker 2 (34:02):
How is this any different than a rumor you hear
or a friend tells you something?
Hey man, I invested in thisstock.
Maybe you should do.
I don't get it.
Speaker 1 (34:12):
This is the kind of stuff that stops people from
getting rich and taking care oftheir family, like oh, they're
going to do everything they canto stop that.
And he didn't get punished tooharshly.
He did agree to hand over theprofits and all that, so he
didn't get punished too harshlyfor this.
At the same time, I just feellike it's more people trying to
(34:34):
control.
Speaker 2 (34:35):
That's exactly what it comes out of Money that
you're making.
Speaker 1 (34:37):
That is all it is, and it's like if you have a good
idea, don't let anybody know,because then Well, there's some
more to that yeah go for it whenwe got.
Speaker 2 (34:48):
Loud and then allegedly sold the stock
immediately for a gain of 1.76million.
His spouse was unaware of hisactivity, according to the US
Attorney's Office.
Speaker 1 (34:57):
See, that's where he messed up.
He should have kept it.
Speaker 2 (35:01):
It was gonna be seized either way.
Speaker 1 (35:03):
No because the whole reason why this thing got blown
up is because he made the 1.76million if he would have kept
that stock, nobody would haveknown.
So I guess he was down thereand then down the road, he could
have just set it aside forcollege or made it, you know
whatever sold the stock later.
Speaker 2 (35:24):
So that was.
That was a misstep right there,loud, and will be sentenced on
May 17th when he faces up tofive years in federal prison and
a possible fine of up to$250,000.
Speaker 1 (35:34):
So I think that's light.
Yes, he could have got that'slight compared to what.
Speaker 2 (35:41):
I mean if it's his first offense, that's still
pretty bad.
Speaker 1 (35:44):
But he should have just kept the stock and he
should just said hey, he wasn't.
Speaker 2 (35:49):
He wasn't thinking clearly.
Obviously you may also owe afine, in addition to the other
penalties, in order to resolve aseparate and still pending
civil case brought by the SEC,of course these are all our
opinions, guys.
Speaker 1 (36:00):
Don't take our stuff for salt.
We just like to be funny andhave fun with the news.
I Don't encourage anybody to doanything illegal, all right,
but here's the thing with this.
The reason why the red flagcame up is because he sold it
immediately.
Yeah, and if he would have justkept it and said, hey, this is
something I'm interested in,nobody would have questioned him
(36:22):
.
Otherwise Nobody would havecared.
Yeah, he would have just ownedthat stock.
Speaker 2 (36:27):
So we allege that mr Loudon took advantage of his
remote working conditions andhis wife's trust to profit from
information he knew wasconfidential, said Eric Warner,
regional director of the SEC'sFort Worth Regional Office.
The SEC remains committed toprosecuting such malfeasance.
Speaker 1 (36:43):
See, you could also be like Did I know it was
confidential though.
I mean this conversation isgoing on in my house.
What am I supposed to do?
You know?
Speaker 2 (36:53):
You prove that I was listening to it.
That's some shaky justice rightthere.
Yeah, yeah, like, unless yougot bugs in my house, you know
what you can prove that the he,they should not have been able
to charge them at all, in myopinion, because the you can't
prove that he was listening.
Well, he outed.
Speaker 1 (37:11):
He outed himself when he sold for that 1.76 million.
Yeah, that's what it was.
Speaker 2 (37:16):
If he would have just had done that, he would have
had.
Speaker 1 (37:18):
Yeah, I feel like he would have been fine.
He would have just owned,stocked, like everybody, buy
stock.
It's not a and especially like,be smarter people.
It just makes sense to me thathis wife works at a certain
company and he would want to buythose stocks.
Yeah, you know what I mean.
Like, hey, my wife works forthis company.
They're doing really well.
I, I feel like I want to investin this company.
(37:41):
That makes sense to me.
Yeah, you know what I mean.
So it's the fact that he soldit right away, trying to profit.
That's where they get you,because anybody who knows.
Anybody who knows stocks knowthat you buy it for the long
term, not the short term.
Speaker 2 (37:55):
Yeah, when you buy a share, keep it.
Speaker 1 (37:59):
You don't sell it, right away, so that just looks
fish.
Only if you need to.
In my experience, yeah, itlooks fishy if you're like hey,
I bought this yesterday, I'mgonna sell it today, I wish.
Speaker 2 (38:13):
Netflix shares were still cheap.
I can't believe.
I want to.
Speaker 1 (38:18):
If you in the audience that are listening
right now, if you guys got anyweird or funny financial stories
that you would want to send us,we have a Facebook and
Instagram and YouTube YouTubepage.
We have it.
It's live, oh yeah, yes, and wehave an email.
So if you guys want to send us,just look up weird world
(38:39):
variety with Matt and Jesse andyou can send us your stories.
You can comment, you can go seethe videos for yourself.
We got the YouTube page up.
WWE should pop it up, I wouldthink won't be long till we do
live videos here soon.
So, and then we also areplanning to eventually have a
(39:00):
voicemail where you could callin my idea.
Yes, send us your comments andyour stories, and we'd love to
hear from you.
So you know what.
I think that's all we got fortoday, but I oh, that's fine
with me.
Alright, so from the WWE, areyou weird yet?
(39:24):
I hope so.
Keep it weird everybody.
Thank you everybody forlistening.
Thanks.
We'll see you next time.
Speaker 2 (39:56):
Oh.
Speaker 1 (40:53):
Hey.
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