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April 15, 2024 • 83 mins
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(00:00):
Welcome, Welcome, welcome. Ontoday's show, we talked to Cliff May
from the Foundation for the Defensive Democraciesabout the weekend attacks on Israel by Iran.
We talked to a guy named PaulTice about whether or not ESG investing
is a good idea. He saysno, and then it will lead to
the collapse of the financial system.And then we check in with doctor PAULA.
Gates, who is a climatologist whosays we need to ratchet back to

(00:23):
the climate hysteria and be real aboutour needs while still managing to well make
decisions based on the future. Allthat more coming up next. Keep it
right here. You know, wehave an entire week of full shows.
Woohoo. That's worthy of a Mondaywoohoo. Joining me of course, my
right hand man I call him AnthonyRodriguez, but you can call him a
rod And we are going to takeyou right through three o'clock when the Kawa

(00:48):
Sports Show will take over. Butin the meantime, o MG, do
we have a lot of stuff onour plate, So let's jump right to
the blog at mandy'sblog dot com.That's mandy'sblog dot com, which will take
you to the Kowa website my page. Once you get there, looks for
the headline it says four fifteen twentyfour blog It's going to be underneath a

(01:08):
picture. Okay, look for thatpicture that says four fifteen twenty four blog
Iron attacks Israel and a new bookon climate change. Click on that and
here are the headlines you will findwithin anywhere in office half of American allerships
and clipments of say that's going topress plant today on the blog what now?

(01:30):
That Iran attack to Israel is ESGinvesting a socialist plot to destroy capitalism.
Climatologist doctor David Legates says, notso fast on climate change. The
Trump hush money trial starts today.Can we get a hold of trouble at
the homeless hotels? Could there bea law change for HOA foreclosures? Do
you want to see a presidential debate? It's tax day? RTD can't get

(01:53):
drivers because of violence and drug use. House passes assault weapons ban. Congrats
to the du pioneers. Colorado Democratsare a real threat to democracy. Bill
Maher takes out Canada. Why aren'twe getting enough sleep? Biden approved the
Iran attack and now the left ischeering Iran. One Aranian woman calls out

(02:15):
the new Iran fans. South Americangangs are running loose in La two minute
Drill. Denver's one of the healthiestcities. Little Man ice Cream opens up
a news store. HGTV is findingugly houses in Colorado. Why bookstores make
you poop? Go to toot,let it fly when your boomer parent makes
everything too complicated. Maybe he's justsaying thank you. SNL did Caitlin Clark

(02:39):
jokes? And those are the headlineson the blog at mandy'sblog dot com.
Right now. I want to sharewith you what I'm watching on the TV
because Fox News is covering anti Israelprotests blocking traffic nationwide. Can I just
ask this question? You can textit to our Common Spirit Health text line

(03:01):
and just text your answer. Haveyou ever been stuck in traffic because of
a protester and thought, you knowwhat, I bet they're right. I
bet that their opinion is the rightone. And I am being held up
in traffic, prevented from going tomy job, to home from my job,

(03:22):
to pick up my kid at school, maybe to a doctor's appointment,
or to do some important shopping becausethis protester is going to tell me that
sitting in traffic is somehow going tochange my opinion. Now, No,
the answer is no. And ohand I have some stuff today that we're
going to talk about because of thispast weekend's attacks on Israel by Iran worst

(03:46):
attack ever? Can we all agree, Like Aeron, if you and I
were to mount an attack on aforeign country, I think we could have
done a better job than this attackby the Iranians. But the purpose of
this attack was not to do anyreal damage. It was all about pr
at home, so much so thatthe Ranians, I think last week the

(04:09):
Iranians were like, they're on thephone, They're like, bring ring,
bring ring Turkey, Hey Turkey,Yeah, just so you know, we're
gonna be attacking Israel this weekend,and we're going to use the slowest missiles
that we have, and as soonas we launched them, we're gonna basically
publicize that to the world. Andso you guys need to know we are

(04:30):
going to attack Israel this weekend.And then Turkey called up the United States,
the Biden administration. You're like,bring bring hey Biden administration around you
guys. I'm actually making the telephonesign right now, aroon, What does
your generation do for the telephone sign? Do they do the thumb up pinky
down like I'm doing right now,or do they do the flat thing to
the head. I still do this, I do. I still do the

(04:50):
I I kip doing this, likeholding their hand up to their face.
And I was like, what areyou doing making a phone call? What?
No, everybody knows thumb up pimpingdown is an international sign for being
on the telephone. I'm the cutoff. I think everyone younger than me.
I'm here to help the younger peoplebecause they look stupid with their hand up
by their face. No one knowswhat you're doing. But if you put

(05:12):
your thumb up and your pinky down, everybody knows you're on the phone.
And I'm back to my call betweenTurkey and the White House, and it
went like this, mister President ofthe United States, Yeah, uh,
we just found out from Iran they'regoing to attack Israel this weekend and we
just want you to know. Butthey're going to send super slow missiles and
they're trying to, you know,kind of give everybody a heads up.

(05:32):
And the Biden administration was like,well, why you attack. Why are
they attacking? And Turkey's like,well, they're all hurt because Israel took
out some really high placed leaders whenthey were conspiring with people in Syria to
do more attacks from Syria into Israel. And then they say it's an attack
on an embassy, even though itwasn't. It was a military so we
got to do something or otherwise we'regoing to lose face. So the Biden

(05:55):
administration is all like, okay,do it, but don't hurt anybody.
Okay, like don't don't aim itat things that are important, and Turkey
was like, okay, I'll tellthem. And then Turkey hung up and
was like, hey, Ron,we talked to the Biden administration and they're
cool. They just said don't aimit at stuff that you could hurt somebody.

(06:15):
And Ron's like, all right,that's fine with us, and we're
gonna send our slowest missiles in.We're gonna do this, so lo and
behold Over the weekend, Chuck andI were watching television Saturday morning, and
you get it was wall to wallcoverage on Saturday, wall to walk and
it was like, oh my gosh, Iran has filed all these missiles we
don't know how many, it's hundreds. And then it was kind of like,

(06:36):
well, these missiles are kind ofslow, and Iran was like,
yeah, we shot missiles at Israel, but we're done. We think this
is like this is the punctuation mark. We don't need any any riff raff
back from you people because we considerthe matter settled. And then Jordan was
like, yeah, we're gonna takeout some of these, and then the

(06:57):
United States was like, oh,we'll take out some of these, and
then the UK and France were like, yeah, we can handle taking out
some of these. And then theIron Dome just pluck these bad boys out
of the sky. So there wasminor damage to one military base. A
few people were hurt. There wasone child that was critically injured by shrapnel,

(07:17):
but that was it. And sonow the Iranians are like, Okay,
we're done. That's all we wantedto do, and Israel's like,
hmmm, what do we do next? Now. In the meantime, I'm
frantically trying to get a hold ofmy nephew and trying to find out his
family was in the bomb shelter.As a matter of fact, Oh I
wish I had that text message fromhim. He said, just another day

(07:38):
of Israeli children dealing with a showerof bombs. And I was like,
oh, okay, okay, Mandy. I was just curious about a minor
point this texter said, and thatbeing why it seems like you had a
Turkish accent on the ring, butnot in the narrative. Honestly, I
don't feel like I know a Turkishaccent enough to do Akish accent with any

(08:01):
sort of racity. I just don'tknow it. So I kind of just
went and ring. I guess Icould have gone ring ring. I don't
know. Did I ring ring?I don't know. It was just a
spontaneous improv of what I thought thosephone calls might have might have done.
This person said, but they're notmissiles. There were one hundred and seventy
drones. There were also missiles firedas well, so it was a whole

(08:24):
bunch of stuff. But they wereall very slow and they had no intention
of hitting anyone in Israel. BecauseIran has no intention of being part of
the broader war. They want theirproxies to take all of this on.
Now. We're going to talk moreabout that at twelve thirty five with my
friend Cliff May from the Foundation forthe Defense of Democracies, and it is
going to it is going to besomething to watch. What I find fascinating

(08:50):
is two things happened. One oilprices went down very slightly today and the
market has rebounded. It's like,oh, World War three disaster averted.
Nothing to worry about here, nothingat all now. Also coming up on
the show today, I'm very excitedabout the other two guests that I have.
One of them is a climatologist nameddoctor David Leggates, and he's got

(09:13):
a new book out, Climate andEnergy, The Case for Realism, and
he makes the case that the attemptedcures for climate change are generally worse than
climate change itself, especially for thepoor. He talks to a bunch of
experts in a lot of fields relatedto climate change and brings it all home

(09:35):
in a way that makes it easilyunderstood that what we're doing, what we're
trying to do by essentially telling peopleliving in third world countries that they cannot
develop and they cannot get out ofpoverty by having access to cheap energy like
we did. So we shall see, we shall see, so that is
coming up a little bit later inthe show, and then coming up at

(09:58):
one o'clock a guy named Paul Tice. I find this a fascinating topic if
you're not familiar with ESG investing,it is investing that focuses on environmental,
social, and governance factors of thecorporations. Like before you buy a company,
you have to dig deep and findout what their you know, their

(10:20):
diversity, equity and inclusion policies are, are they bad for the environment,
what's the what are what good arethey doing in the community, And then
you basically do your investments based onthat instead of is this company will run?
Do they provide a product that peoplewant? Do they have a good
balance sheet? Which is the waytraditional investing should be done. Paul Tye

(10:41):
has been on Wall Street for fortyyears and he's written a new book called
The Race to Zero. How ESGinvesting will creater the Global Financial System.
Now this book feels a little bittoo late because already people are moving away
from ESG investing. You know why, because it loves money often and if
it does gain, the gains area fraction of what traditional investing returns for

(11:07):
you. But his whole take onthis is This isn't just a you know,
do a bunch of do gooders tryingto change the world. This is
a Marxist plot to destroy capitalism.And so we're going to talk to Paul
at one o'clock. So there yougo. This we're talking about the traffic
blockers. I will never blame protesters, only the first car that stops.

(11:31):
Some people are just not made torun people over in the street, just
you know, just you know,one of these things. This person said,
Mandy, I love the TikTok showingtraffic protesters being dragged off the road
or run over very gently. Lookat the one where the people cemented themselves
to the highway. Oh my gosh, Ralph, Hey, Ralph says,

(11:54):
you and a rod mount and attack. Lol. Imagine what I would do
to Iran. The IRGC and themolas would not exist. The Persian people
would be relatively safe. I wouldn'tdoke Tehran, only the IRGC sites.
Now on the blog today, Ihave a very interesting video and as a
matter of fact, Aron, Iam ninety nine percent sure that there's no

(12:15):
cursing in this video by elk ofLebon. She is an Iranian woman and
she's posted I follow her on TikTokalready or not TikTok, I follow her
on Twitter's she says she's a daughterof Iran. She's an attorney, an
activist, and artist and other suchlabels that belie the illimitable dimensions of human

(12:37):
existence. She is now in theUS, she was born in Tehran,
and she's been talking for a longtime about the sort of dictatorial nature of
the Islamic Guard and she is takingto task all of these people who are
now cheering Iran. And yeah,that's the thing that's happening. I have

(13:01):
that on the blog as well.Today I've got to share this one paragraph
with you, and I promise I'vegot so much other stuff that I want
to get to, but this thismade me laugh out loud. So the
crux of the story is about thismeeting that's taking place in Milwaukee where this
group of anti war activists I callhim hacks because they truly are. They
are planning to protest the DNC.The DNC is going to be a hot

(13:24):
mess this year. It's in Chicago. We all know what happened the last
time. I don't know if thatwas the last time but one time that
Democrats had a convention in Chicago thatdidn't go well. But there's this group
planning on protesting the DNC and thewhole it's about their meeting. And then
a man stumbles to the podium,wiping sweat from his forehead. He grabs

(13:46):
the microphone to announce that the Islamicregime of Iran has launch missiles and drones
heading straight towards Israel. And everyonecleared, I mean everyone cheered. But
listen to this. The crowd,all wearing black ninety fives, erupts into
applause. Someone in the back lowerstheir masks to send a celebratory whistle soaring
through the room. So can youimagine this group of these are the strong

(14:09):
anti war protesters who are gonna shutthis war down. But it gets better.
They've all got masks on. Ofcourse, this is my favorite paragraph
in the whole story from the FreePress. I'm gonna read it to you.
It's gonna strike terror into your heart. You're gonna be so afraid of
these anti war protesters by the timeI get done with this paragraph, you're

(14:31):
just gonna demand that we concede totheir demands, that we just lie down
before them and do whatever they wantus to do, because they're the brave
ones. Listen to this. Awoman in a hot pink gas mask,
wielding a matching kneon caane and dressedin a protect trans Kid's T shirt throws
her fist in the air. Nearby, a service poodle is taking a nap

(14:54):
under the chair of his owner,who's wearing a leather harness over his T
shirt. The group that has joinedhere from cities across America chears and claps
in celebration. I know this strikesfear into my heart. A service poodle,
a woman in a pink gas maskwith a pink cane to boot,

(15:15):
and a guy wearing a leather harnessover his T shirt. These are the
people that are gonna shake the UnitedStates to the core. These are the
same people that turn out for Antifa. These are the same people that turn
out for any protest because they haveabsolutely nothing of actual purpose going on in
their lives, so they dedicate themselvesso whatever contrarian cause makes them feel powerful,

(15:39):
and today it's being on the sideof the Iranian regime. That's what
they're on the side of. They'renow on the side of a regime that
recently came to the news because theybeat a young woman to death in the
streets for not wearing a he joband well, let me let me walk

(16:00):
that back. She died later,so she didn't actually die in the streets.
They beat her almost to death,but then she died later. That's
the regime. They're on the sideof the regime that says women cannot be
outside unless they are covered from headto toe lest they tempt the men around
them. Got to protect the menfrom those unpure thoughts. The regime that

(16:26):
caught some protesters protesting the Islamic Guardand then they hung them from cranes as
an example of what not to do. That's the regime. They're on the
side of. Somebody else just askshow easy is to get an abortion in
Iran. Well, if they tellif you tell them that your baby is
an infidel, I'm sure it's easy. I'm sure it's just perfectly fine.

(16:49):
This person. It's a laughable jokethat these protesters will cry when reality of
war slaps them in the face.Real war. Has anybody did you see
I want to see civil war?It came out this weekend, and everyone
that I know that saw it thisweekend said it is a must see movie.
And everyone on the right that Iknow that has seen this movie said

(17:14):
the movie is brilliantly done to sortof tamp down any obvious accusations that oh
that's your guy, or oh that'syour guy. They team up Texas and
California on one side and then everybodyelse on the other side. That alone
is worth the thing. But everybodysaid it's just outstanding. This person said,

(17:41):
turn it ron into a sheet ofglass. We can drill through glass.
Though tempting, I would urge youto watch the video that I have
on the blog today of the Iranianwoman who now lives in the US,
because she's making the case that thereare a lot of Iranian people who do
not want anything that is happening rightnow to be happening, and that they
don't want war with Israel. You'vebeen following along in Iran, they've had

(18:02):
some pretty significant protests as of latethat would indicate she may be telling the
truth here. So though I wouldlove for the Islamic Guard to go belly
up toes up, as they say, I'm less willing to say the entire
country needs to be turned to glassbecause what happened forty five years ago when

(18:22):
the Mulas took over Iran. Noneof the young people there are the reason
it happened. None of them,not one And as a matter of fact,
they've been fighting for their freedom eversince. Now we're going to take
a very quick time out. We'regoing to talk to Cliff May about this.
He's with the Foundation for the DefensiveDemocracies. But then we're going to

(18:45):
move on because we've got a lotof other stuff on our plate today.
So if you want to hear Cliff, that's coming up next, and then
we're going to move on from thistopic. So if you're not interested in
what's going on, well then we'llhave something else for you in just a
few minutes. But keep it righthere on KOA. One of my favorite
experts on democracy and other stuff isCliff May from the Foundation of Democracies.

(19:07):
Cliff Big. I mean, Iwant to say big doings this past weekend,
but was it really Was it reallya big doing? Oh my gosh.
Absolutely, we're talking. We're talkingabout Iran from its own soil and
from the soil of others, launchinghundreds of very big rockets missiles, cruise

(19:27):
missiles, drones, swarm attack onIsrael with the intent of killing Israelis as
part of what has been for yearsand a vowedly and openly genocidal war that
it has been waging against Israel uptill now, utilizing proxies mostly Arabs.

(19:48):
Let Arabs die for this cause ratherthan people in Iran. But yes,
this was It is a remarkable thatthere were no injuries or death, with
the exception of one is Israeli Arabgirl who got whoever they got hit is
now in the hospital. Amazing thatthey didn't. I don't think this is
what the Iranians expected. They expected, as Russia has been doing with Ukraine,

(20:12):
that missiles would get through and thatthere would be parts of Israel burning.
Today, this is Israel and Iranor in a state of war.
Listen. I would argue, andI've been arguing this since nineteen seventy nine,
as you know, I was therecovering the revolution, and this was
an Islamic revolution and it was veryclear death to America as well as death

(20:33):
to Israel. Israel is a titlecountry in New Jersey, maybe ten million
people, maybe six or seven millionof them are Jews, it's easier to
attack them. But listen, Iranhas attacked Americans many times in many places,
including the Washington You know, theytried to kill a Saudi ambassador at
a fancy restaurant here in d C. They have killed Americans recently in Jordan

(21:00):
DA. But they are they seeus as their enemy, as the great
Satan. We need to understand what'sgoing on here. And yes, this
was this could have this was abig deal. It is amazing that Israel
good, but it's not the lastbattle in this war. See now,
Cliff, I gotta tell you so. You know, I have a nephew
there, so obviously I watched thiswith great interest as it was unfolding,

(21:21):
because it happened in the middle ofthe afternoon here. But knowing now what
I'm seeing in the past couple ofdays, where Iran has essentially telegraphed to
anyone who would listen that they weregoing to attack Israel. And we knew,
and we told Israel They're going toattack you. And yet they send
super slow cruise missiles instead of ballisticmissiles. They send drones. They they

(21:41):
they then before everything even lands inIsrael, they put out a tweet that's
like, okay, we're done.This is it. We're we're settled.
Now, we're fine. We don'tneed to move any forward. This feels
like it was designed to fail inmy estimation, and you know more about
this than I do. But theyhad to know know that sending missiles of

(22:02):
that sort and drones were going tobe intercepted, if not by Israel's allies,
then by the Iron Dome itself,which is proven to be very,
very efficient. And the places wherethey did actually get through were you know,
Israeli military installations, save the onewhere the Arab Israeli child was hurt.

(22:23):
And my question is this I gotto I got to say, I
think this, this to me feltmore like posturing for the people at home,
for Hesbel and Hamas to say,look, we have your backed,
but you just made the point perfectly. They don't want to be in an
active fight with Israel. They wantto let all the Arabs die, not
the Persians. Right, So Imean, how what happens next? In

(22:47):
your estimation? Well, so acouple of points. One is Mane.
I don't think it's crazy theory thatthis was a performative that they had to
do something in response to the takingdown, the elimination Damascus of the eye
of the Islamic Revolutionary Guard Force commanderor Shiria and Lebanon, who is co

(23:07):
ordinating on those attacks, working includingon a ten seven attack, and that
they wanted to do something and show. But I also think they wanted they
wanted, you know, a cityor two to burn again. I think
they thought some of these missiles,drones, cruise missiles would get what would
breakthrough. It was always better,you know, and then they'd say,
you see what happened. I don'tthink they want isn't necessary Israel to be

(23:30):
attacking. But by the way,I don't. We don't know for totally
sure that it's over. They maysay we were humilitated, not even a
few missiles got through. We didn'ttake down one military base, we didn't
take down Demona, where Israel hasthe nuclear facilities. We have to do
something more than that. It's look, any of that's possible. They remember

(23:52):
after President Trump ordered the killing ofCustom Solomoni, who was also the top
leader of the iergy, could forcethe Expeditionary Force overseas, commanding the rands
what I would call foreign legions,what did they What did they do?
They attack a number of American militarybases in the Middle East, They caused

(24:15):
people to have traumatic brain injury,they did damage, They didn't do everything
they could do. They you'd wantto call that performative. I wouldn't.
But I can understand that theory.But there's under But also do understand their
Their basic strategy for trying to eliminateIsrael from the face of the earth and

(24:37):
exterminate Israelis is what it could callthe ring of fire strategy, and that
is they have Hesboa in Lebanon,and they have Hamasa and Gaza, and
they have the Huthis in Yemen,and they have various groups in the West
Bank, and they have Shea MaliciousIn other words, they're encircling them.
A lot of people thought that thisattack would come but not from Auranian soil,

(25:00):
and that may have been maybe thatwas proposal, and maybe that was
a mistake, because Israelis can nowsay, believe me, they're thinking about
this all right, They've attacked usfrom their soil. Now we can certainly
attack them on their soil. Dowe want to If so, what do
we want to hit? What strategywe worth our while to how much can

(25:21):
we get the Americans to support us. We know as and Biden is telling
us not to do anything that hey, let's call it a draw at this
point. But we also know thatthis regime is building nuclear weapons. What
if they were to do what theyjust did, but they with nukes.
Yeah, and that's happened, andone of them, what if one of
those nukes were to get through Akimedjodyou remember him, Oh yeah, Finally

(25:45):
he said, Israel is a onenuclear bomb country. In other words,
we can exterminate with one nuclear bomb. Yes, after that happens, the
Israelis can fire nukes at Tehran orwhatever. But these Reelis don't want to
do that. The Israelis, firstof all, that's cold comfort. Secondly,
the Israelies know that the most proIsraeli country in the Middle East and

(26:07):
pro American company country in the MiddleEast andterugh Israel is Iran. The people
of Iran they you have seen thisand very you have soccer matches and they
say, oh, support Hamage,and they get up and they boot in
the sands and they go out inthe streets and they chant, we are

(26:27):
we do not want to fight forHamas right for Palestinian Again, it's a
whole other conversation whether when you're fightingfor Hamas, you're fighting for what's good
for Palestinians. When almas Us isinnocent Palestinians as human shields. But you
see that, you see these protestsall over America and a lot of remedia
saying here is a pro Palestinian marchesthat are shutting down traffic. Yeah,

(26:52):
Gaza was not such a bad placeon October sixth, look at the pictures
of what it looked like. Terribleplace. Now is whose fault is?
That? It is the fault ofHamas and Hamas's patron in Tehran. But
you know what, Cliff, wejust saw some polling data that had been
done in Gaza and among Palestinians,and there's support for Hamas according to this

(27:14):
poll, and I mean maybe itwas done by Hamas is still very strong.
So you know, well, that'syes, and and the only way
that is going to that is notgoing to change, will be enhanced if
the perception is that Hamas has wonthe war in Ghazak. If Hamas is
seen as losing the war in Gaza, then I think I could be wrong.

(27:36):
That support for Hamas will change becausepeople will say, look what they
brought us, what did we getout of? Our life is ruined?
Our children's lives are going to bemuch harder. Why what did we what
did we get? We're not goingto march on Jerusalem or Tel Aviv or
hyper That's not going to happen.Maybe this isn't the right way to go.

(27:56):
Maybe not again, not because they'regoing to necessarily love the Israelis,
because as I think, this isbad for them. If the Germans,
look, if the Nazis had notbeen defeated in World War Two, and
Roosevelt said, I mean, I'mnot making a deal with him. I'm
not having a cease fire. We'regoing to insist on unconducted surrender. You
think there wouldn't be We wouldn't bethat. Germany would not be a Nazi

(28:19):
country today if he did eighty percentof the job rather than one hundred percent,
Which is why Israelis believe they hadmuch more work to do in Gaza,
and I think they do. Theyhave to decapacitate Humus as a military
force and as a governing policy.Amen to that, there's no chance Cliff

(28:40):
may I appreciate your insights. Asalways, Cliff is with the Foundation for
the Defensive Democracies. You can readhis columns in a myriad of places,
including The Washington Times. Cliff isgood to talk to you again, my
friend. Always good to talk toyou. All Right, thank you.
That's Cliff May. We'll be rightback. Let me ask you guys this
question. I said, I wasgoing to move on, but I want

(29:00):
to ask a question about the Trumptrial that is happening right now. This
is the trial about his bookkeeping onthe payoff to Stormy Daniels. Now,
this is not a trial about whetheror not he paid off Stormy Daniels.
That's been pretty well established. Thistrial is about whether or not he miss
calculate, not miscalculated, that's thewrong word. He miss line items the

(29:25):
payoff. Okay, so that's thequestion. And this is, honestly,
out of everything Donald Trump has beenaccused of, this is the thing I
care the least about. I findit gross that he slept with a porn
star while his wife was pregnant.I just find that gross. But I

(29:48):
got to believe that incredibly wealthy menprobably write checks to women they don't want
to talk about anymore a lot inour society. So uh oh, Willie
B just sent me a text thatsays we're members of America. We all
are give me them tickets. Sorry, William B. You can get your

(30:10):
own tickets talking about the band.But I mean this, seriously, what
do you guys care about this particulartrial other than the fact that it is
yet another trial created out of wholecloth by a guy who wants to use
it to climb the political ladder.In Alvin Bragg, I just don't feel

(30:32):
like this is a big deal.I want to do this. I want
to share with you a little storythat you might have forgotten about. Hillary
Clinton's twenty sixteen presidential campaign and theDNC have agreed to pay one hundred and
thirteen thousand dollars to settle a FederalElections Commission investigation into whether they violated campaign
finance law by misreporting spending on researchthat eventually became the infamous Steele dossier.

(31:00):
The Clinton campaign hired Perkins Koy,which then hired Fusion GPS, a research
and intelligence firm, to conduct oppositionresearch on Republican candidate Donald Trump's ties to
Russia, but on FEC forms theClinton campaign classified the spending as legal services.

(31:21):
Hmmm, that sounds oddly familiar towhat Donald Trump is being accused of,
except as a felony. So uh, a little bit confused about that.
A little bit confused. Well,you know, so uh okay,

(31:45):
based on the text line some ofyou guys, wow, I can't read
that of the radio. Let's justsay no one cares. Moving on then,
Paul Tice, and after being onWall Street for forty years, he
has taken notice of the ESG investingstrategy with his new book, The Race

(32:07):
to Zero How ESG investing will creatorthe global financial system. Paul, welcome
to the show. Hi, An, it's good to be with you.
Well, if you could give aquick thirty second explanation you can take a
little longer if you like, aboutwhat ESG really is, What do they
say it is versus what it actuallyis. So what they say it is

(32:28):
is ESG stands for environmental, social, and governance factors, and these are
all non financial factors that, asthe argument goes should be used to drive
your company policy and your investment decisionmaking as opposed to objective financials. It's
a very morally subjective universe and ithas nothing to do with financial performance.

(32:51):
So that's what the argument is.You know, the goal of all of
this is to get control of theprivate sector and the financial markets and direct
capital away from fossil fuels primarily andtowards green energy initiatives. So you argue
in this book that this is notjust disastrous for the investor, it's disastrous
for the entire financial system in whatway? Well, if they succeed in

(33:15):
their ultimate goal. And one thingto be remembered about ESG is that,
away from all the other woke issuesattached to it, which are obviously important,
it's primarily about climate change and defundingoil and gas. And if they
succeed in that mission, that's goingto have ramifications for every American, whether

(33:36):
you're invested in the market or not, because if they can curtail the supply
of oil and gas, then pricesfor energy will obviously go up, and
that will feed through the entire economyand it will make the inflation of the
last two years look like child's play. Well, let me ask you,
this is going to be a curveball for you, Paul, but I
have a feeling you can handle it. Here in Colorado, we are being

(33:57):
held hostage, in my opinion,by a bunch of Democrats who have an
insurmountable majority in our legislature, andwe have a slew of gun control bills
that are coming right now, andone of them is a bill that would
require credit card companies to basically lineitem any purchase made a gun or ammunition
purchase with a special code, Andthat, in its own way, feels

(34:22):
like an extension of ESG. Whenyou have the legislature trying to use a
financial mechanism in order to know who'sbuying, what is that kind of an
extension of what we're talking about here? Yeah, I mean ESG really,
if you look at it, isthe corporate equivalent of social credit scores or
in China, which is how theCCP government there uses the finance sector to

(34:47):
basically track and control everyone's economic decisionsand mobility. And it's the same with
ESG. You know, it's appliedto corporations. But the example you side
around gun just shows you that thefinancial industry is being weaponized against both individuals
and corporations to make sure that you'renot spending your money where the government and

(35:10):
you know, the related elites thinkyou should be. So it's all about
political correctness when it comes to wherethe capital flows. So I want to
ask you this question. I don'tknow when you started this book, but
in the last couple of months,maybe three four months, I've seen a
number, not a huge number,but a number of stories talking about how
businesses are either walking back from ESGstrategies or at least not talking about them

(35:36):
anymore. When they're doing their corporatereports, when they're talking to investors,
they're either not talking about these kindof things or they're kind of bearing them,
you know, beyond a lot ofother talk. What are you seeing
in this field? Yeah, Iwould characterize that as more of a tactical
retreat. And there obviously has beenpushback for the last two years or so

(35:59):
around ESG generally and a lot ofthe red states that have led that charge.
So I think it's become a negativeheadline for a lot of the people
that championed it, So they're they'retaking a lower profile, but they're not
backing away from you know, theirtheir belief in it. And what a
lot of these advocates, you know, including Blackrock and some of the others

(36:21):
that have been more outspoken around andwhat they're doing I think is waiting for
government regulations to come in and makethe whole system mandatory, and that's going
to be the air cover that theyneed. So it's a tactical or treat
they're clearly not backing away from theirtrue beliefs. Let me ask you this,
This is a question for you to, you know, spitball one.
Why are the heads of these companiesgoing full board? These companies are there?

(36:45):
Black Rocks are perfect example. Thepurpose of that company is to make
money. So why have they adoptedthis? Why have they embraced this?
Is it because they're so rich,they're trying to show, you know,
the Holy POLOI that they're actually goodpeople too. I mean it just about
virtue signaling to those people that don'thave that kind of money, so if
the revolution comes, they'll be spared. Yeah. I think that's a big

(37:07):
piece of it. But the virtuesignaling is how everyone on Wall Street got
suckered into the trade initially coming outof the two thousand and eight crisis.
So everyone was promised if you doESG and sustainable investing, you know,
you could just do what you want, you know, however it works for
you. It's aspirational, not mandatory, and slowly that has changed since twenty

(37:31):
fifteen, and now everything about ESGmeans you have to align with with all
the climate and sustainable development goals ofthe United Nations. And the problem is
everyone on Wall Street now can't findthe exit door, you know, because
they would have to admit publicly thatall of this was bs to begin with,
and either that means that they're gullibleand you know you don't want them

(37:53):
to manage your money, or theyknew that it was a lie going into
it, and you know, theirmode were different. So that's the problem.
Why know it could come out?And also the whole system is totalitarian,
So you know, there are anumber of firms like Black Rock that
believe in it because the management isvery liberal, but there are many more
firms, both on Wall Street andin industry that are afraid to speak out.

(38:15):
And there's a lot of cowardice inthe corporate suite because with esc the
way it works is if you speakout against it, you become the next
target. Right well, that's prettymuch anything. I mean, you're going
to be called a racist and homophobeand whatever it is. Whatever the slur
dees your is, you're going tobe called it, I mean with certainty.
So, how are these ESGU fundsperforming? I mean, if performance

(38:37):
is the indicator of success or failure, how is ESG investing going for the
investor? Yeah, I mean thatwas the initial promise that it would create
financial value for you over the longterm. But there's no proof that it's
a positive catalyst. And everything aboutest just tells you that it's a costly

(38:58):
system to implement. Everything around itis a near term cost, and there's
no data going back showing that thiswill actually lead to financial performance. I
mean, that's one of the mostincredible things about the argument. If you
follow all these nine financial factors,it will create financial value at some point
in the future, which is nottrue. But so if you look,

(39:21):
you know, at points in time, perhaps green energy has outperformed recently,
it hasn't. But clearly this isnot a part of the positive catalyst.
But at this point it doesn't matter. And a lot of the advocates are
just kind of backing away from thewhole argument that it can generate financial return.
First, they're saying, well,it's more risk adjusted return because if

(39:43):
you follow ESG, since it's arisk matrix, then it's good risk of
adjusted return, which is just away of saying we're going to take less
return as opposed to going for anabsolute performance. And now that's lowly morphing
too. Well, it's not reallyabout return risk adjusted. It's more about
impact. Right. The way youmeasure impact is how much capital are you

(40:04):
throwing at an industry or a company. So the measurement will be like with
government. You know, if you'rethrow enough money at it, that shows
you you're doing something that has nothingto do with whether you're solving the problem.
So as the you know, averagefour oh one K holder or someone
who has an IRA or someone whomay maybe have an investment account, how
do you ensure that ESG is notguiding the stuff that you're invested in?

(40:30):
Is there an easy way to sortthat out? Yeah, I mean it's
not easy. Obviously, you controlyour money, so don't patronize a company
or an investment manager that doesn't alignwith your interest. But the problem is,
as I mentioned before, the wholesystem is under duress. And unless
you can free up the system andremove the pressure being placed on Wall Street

(40:51):
and companies. It's going to bevery difficult for you to kind of,
you know, take your money elsewhereand not have to worry about a particular
company or an industry or a fundmanager that's being pressured. So we need
to figure out a way to getrid of the pressure on the system.
And as I mentioned, it's governmentregulations right now that we have to address.

(41:13):
And I think that's going to takethe Red States to lead the charge
because it will take government resources tokind of dismantle, you know, this
regulatory complex that's kind of developed behindthe scenes. No one's voted on this
in America right, it's all beingto implement it behind the scenes now and
it's going to get real between nowand twenty thirty. And it's interesting because
this is going to directly affect people'sretirements, you know, and they're not

(41:36):
going to know about it until it'stoo late. Why did I only get
four percent on my money instead ofseven or eight percent? And it might
be ESG investing. Yeah, Imean, if you look at it views
on ESC and sustainable investing, whetheryou're willing to give up financial return SKUs
according to generations right, So youngerpeople are okay, with it because they're

(41:58):
going to live longer and are stillworking. But people who are baby boomers
towards the end of their career,they're like, no, I'm not willing
to give up anything for these nonfinancial goals. But it's being forced on
the system. You know, yourinvestable universe will shrink. It's going to
exclude oil and gas, and thenafter that it will be heavy industry,

(42:21):
anything with a big carbon footprint.You can really go down the line that
you're not going to be able toinvest in it for moral reasons, so
we will shrink your performance. Yeah, and I think that it's you know,
I think I'm going to call mybroker and say, can I invest
directly in oil and gas? Justas my little screw you to this entire

(42:43):
Paul. I don't know if that'sjust petty or a good plan. Well,
I mean you can, and that'snot a bad strategy. Actually,
if you want to maintain exposure toenergy, you may have to do it
through the private markets and look forsmaller managers that are not being pressured by
this overall ESG agenda. But youknow, it's still a great investment opportunity
around energy because you know that climateregulations are going to drive up commodity prices,

(43:07):
so any talk about strand and assetsin that, you know, I
think is wishful thinking. On theother side, and there's still a very
strong investment case for energy between nowand twenty thirty, even with the regulatory
complex closing in on it, right, Paul Tice, I really appreciate your
time and your insight today. Hisbook The Race to Zero how ESG Investing

(43:28):
will creator the Global Financial System isavailable and I put a link on my
blog too by the book. Paul, I appreciate your time today. Thanks
Mandy, I appreciate it all right. That is Paul Tice, forty year
Wall Street veteran. Of course,younger people are going to be like,
sure, I'll take less money.You have fifty years, you your fifties,
You're like, I want that returnon investment. It is annoying to

(43:52):
me that now the government is poisedand to his point that they're getting pressure
in that large companies are going tosimply wait until this is an edict to
give them cover. I think that'svery it's very reasonable. If I were
one of these corporations, I wouldwant government to come in and tell me,

(44:12):
I had to do this, Butthen do you get the same virtue
signaling credit if government tells you youhave to. I don't know. We
shall see. Somebody just SAIDs techsfestex oil and gas fund. It's done
well for me. I would evenyou, guys, Even if we move
towards electrification in the United States,the rest of the world is still running

(44:36):
on oil and gas. China isrunning on coal. We could pretend that
somehow by twenty thirty two, whenthe Biden administration is determined that most of
us will have to buy an electriccar if we buy a new car,
this the rest of the world isgoing to follow along, when in reality
they're not going to creter their economies, especially in developing nations. Why would
they? Why would they come on? Anyway? A lot of other stuff

(45:00):
on the blog today, but Iwant to ask this question. At the
end of the last hour, Igot a very strong answer when I asked
about if you cared about the Trumptrial that is underway right now. That
has to do with the how thepayments, the payoff payments to Stormy Daniels
were accounted for. That's what thisis about. And I don't really care

(45:22):
about this one. I think thatthe classified documents trial is going to be
much more interesting. But the thingthat annoys me is that we know that
Democrats have done the same thing andnot face charges for it. And why
is that? I had a textor stay, well, is the Republicans
get charged with things? Well?Because the DOJ is run by Democrats,

(45:45):
inhabited by Democrats, and the entiresystem has been weaponized. If you are
that person who says, well,you know you're talking about what about ism?
But why do Republicans keep getting Whydo Republicans keep getting charged for the
same thing and Democrats don't? Doesn'tthat concern you at all? Certainly forces

(46:07):
the question of who exactly is athreat to democracy? A group who weaponizes
the Department of Justice to their ends? And the IRS I still haven't forgotten
about Lewis Learner and the weaponization ofthe IRS or someone that is, you
know, calls the press fake news. Who is a bigger threat to democracy?

(46:29):
I know who? I think,just throwing that out there, but
I do want to ask this questionnow. Joe Biden seems to be hedging
on doing a debate. Was DonaldTrump? We already know that Donald Trump
couldn't be bothered to come to thedebates for the GOP nomination, which was
apparently a great strategy for him becausehe is clearly the nominee. But do

(46:51):
you want to see a debate betweenTrump and Biden? Now? We had
ara? Do we have one ortwo debates between Trump and bidenlafe time?
I could not remember. I thinkthere was two. There were supposed to
be three, but they canceled onebecause Joe couldn't find his way out of
his basement or there was some reasonfor that. I think there was two.

(47:13):
I'm trying to remember. I'm reallynot sure. But nonetheless, we're
now looking ahead to twenty twenty fourand Trump said I want ten debates that
will not happen. Realistically, It'llbe three, Max, And I think,
honestly that's enough. There needs tobe one on domestic policy, one

(47:36):
on foreign policy, and one thiskind of a wild card. Yes,
ay, Rod, There were threescheduled, two of which happened, like
you said, September twenty ninth,happened in October fifteenth, was canceled,
and then they did October twenty seconds. Yeah, So, but do you
want to see a debate this time? And I know that debates is we
shouldn't even call it debates. Weshould just call it two people standing on

(47:58):
the stage arguing. Because the daysof the Stephen Douglas style debate are over.
They're over. But that being said, I still would like to see
them debate. So what do youwant? Texters five six six N I
oh, you want to see adebate? And if so, how many?
If you don't care to see adebate, then please tell me why.

(48:22):
And what I think is going tohappen here is that Biden supporters are
going to overwhelmingly say they don't wanta debate, and Biden said he think
about it depending on how Trump behaves, which is an interesting tact to take
how he behaves. So we aregoing to find out whether or not they'll

(48:46):
be debates if there are. Bythe way, there will be koacasts of
the debates where Ross and I sitin here at eat popcorn and talk about
the debates as they happen. Iwant debates, Mandy. I would rather
watch paint dry than watch the twoof them debate. Yeah, yeah,
Mandy, I only remember too.That's what I remembered as well. But

(49:07):
I wasn't absolutely sure. So Imade a Rod do some work five six
to six. And I know ishow you text us? Text us that
information a rod, you get yourtaxes done? It's tax absolutely Yeah.
Did you already get your return?No, I've paid what I owe,
But I have you O did youhave to pay a little bit a decent

(49:28):
amount of all the independent work wedo on the side. It's uh,
you know that's but see here's thething that's actually better than getting a huge
return. Oh yeah, we makeit up front, but we also did
a lot of work expensing, andso we made it a lot better than
it was going to be. Yeah, a lot better. Like I,
you're probably at the point where it'sa wise idea to hire an accountant to
do your taxes. No, wedo pretty damn good job. Yeah,

(49:51):
yeah, real good. A goodaccountant one time and have them revere your
tax. It's called turbo tax.No, no, no, I think
I saved it pretty good. Well, we did well. A Rod my
accountant who follows every single law tothe letter of the law. I pay
him six hundred and fifty dollars andhe probably gets us back another five grand

(50:15):
that we would not have gotten back. I just stick to my fifty dollars.
Okay, okay, maybe one timeyou'd be shocked shocked, But you
don't know. We do pretty damngood job. I don't know if I
would make up that six hundred andfifty based on what we already do a
pretty good job that you would's friendlywage challenge? What will do a challenge?

(50:38):
Okay, Yes to debates. Wedeserve to see Biden's stamina or lack
thereof. Yes, debate two orthree, No debate. Trump is going
to whine about how unfairy's been treated, just like he does fifty seven times
a day on truth Social. Wouldlove to see Trump smoke Biden in a
debate, y'all. If you rememberthose two that did happen. One of

(51:00):
them, Trump performed very very poorly, very poorly, And so the expectation
that Trump would wipe the floor withBiden, I think is a little bit
of wishful thinking. And you knowthey'll have Biden. I'll jacked up on
adderall or something for the debates.Mandy, At what point would Trump be
accused of elder bashing if they debated. Would love to watch a debate between

(51:23):
those two, just for the entertainmentvalue. One of them is going to
say something monumentally stupid and the otherone is going to say something monumentally incoherent.
Mm hm, Yes, absolutely.I want to see them debate.
I want Biden exposed, mandy threedebates, foreign policy, domestic policy,
and citizen Questions equally registered d R, and I I like that format.

(51:46):
That would make me happy. Foreignpolicy, Domestic policy, and we'll call
it the wildcard round from the voters. Uh bu. Ralph says, I'd
pay a thousand dollars to see Trumpand Biden have a fistfight. That would
be elder abuse, but considering Biden'sfifty plus years of incompetence, well deserved.

(52:07):
You guys, Ralph, stop it, just stop it. Let's just
say let me encapsulate them for you. You fall into one of three camps.
One of the camps says, ohGod, no more debates. One
of the camps says, yes,I want to see it, and I
want to see some fisticuffs. Andthe third is there's no way they're going
to let this happen because there's notenough amphetamines in the world to keep Biden

(52:31):
up long enough to get through oneof these debates. You know, on
Saturday, when Israel was waiting formissiles to arrive, they called a lid
at the White House at like fiveo'clock. Do you calling a lid means
this is it? They tell thepress you can go home. There's not
going to be anything else from theWhite House today, no more comments,
nothing, You're not going to missanything. Just we're calling a lid.

(52:52):
It's over. They called a lidwhile it was still you know, unfolding.
So I don't know. The debateof the decade sponsored by AARP and
Sure and depends. This is myfavorite from Sean Mandy. I think Trump
and Biden should exchange your mama slamslike the seventies and eighties, except you

(53:16):
guys, these guys are old.Like, what would your mama joke be?
Oh, this will be okay,challenge for you on the text line,
what would be an appropriate yo mamajoke for Joe Biden and Donald Trump?
Knowing that if their moms were alive, they would be like one hundred

(53:37):
and thirty, one hundred and fortysomewhere around there, well, one hundred
and thirty, one hundred and twenty. Still they're not still alive. So
what would the best yo mama jokesbe? So let's see if they were
one hundred and twenty, that meansthat they were born in nineteen hundred.

(53:58):
Hmmm hmmm. Anyway, Uh,Mandy, who's your financial advisor? That
would be the Alpine Planning Group.And trust me, if I call them
and say, am I invested inany eesg crap? They will laugh laugh
heartily. We share a political bentand they do a great job for me.
Alpine Planning Group, Tell them Icalled tell them, I saying you.

(54:21):
They do not advertise on the show. They're just really great people and
I like them a lot. Sendyou your yo mama jokes, and I'm
gonna move on because I got alot of other stuff to talk about.
I just mentioned in my DCF gunsspot that two of the more left there's
so far left there's not even Myusual joke is there's so far left they

(54:49):
don't even make right turns. Butthat is not far left enough for Elizabeth
Epps and Tim Hernandez. Tim Hernandezis I'm trying to think of the right
adjective. Like first I was likevile, but no, he's he's like
a he's like a communist, toughguy wanna be. I really think he

(55:15):
envisions himself kind of leading some kindof communist paradise where everyone will bend to
his will and and you know,do the things that he's decided to write
for everybody else. In his latestphotograph celebrating the passage out of the House
of a bill that is not onlyclearly unconstitutional, one that still faces a

(55:37):
very heavy headwind in the Senate inColorado, it's that extreme. He's doing
that raised fist thing. And thisman was not elected into the Colorado Legislature.
He was appointed into the Colorado Legislature. And hopefully he will lose in
the upcoming race, as hopefully Elizabetheppswell too. But yet a majority of

(56:01):
Democrats approved HB twelve ninety two thirtyfive to twenty seven vote. So that
means that there are Democrats who thinkit is aokay to make illegal a firearm
that a vast majority of US usefor personal protection based on the physical characteristics
that they've decided are too scary forprime time. Now, I would bet,

(56:27):
and I couldn't bet my wallet becauseI'm not sure. I would bet
that Elizabeth Epps has never fired agun in her life. I would bet
that Tim Hernandez probably hasn't fired agun in his life. So they don't
know anything about weapons. They don'tknow anything about firearms. My guess is
is that the language for this billcame straight out of someone like you know,

(56:49):
Moms or what is it any Townwhatever, I can't remember the name
of the organization or the Brady people. I mean, they're all running these
bills in legislatures that they think wouldbe friendly, and some legislature is going
to pass it and then it's goingto be challenged and it's going to be
struck down as unconstitutional, and that'sgoing to be bad news for every assault
weapons ban across the country. Atleast they try to define assault weapons ban.

(57:15):
I have to give them credit forthat. But seriously, okay,
guys, oh, I like thisone so far left he's come back again,
but he hasn't come back again yet. Are you ready for these Yo
mama jokes? Ay Ron, areyou ready? Yo mama has quick release
pantaloons that from Will. That's funny, Will. That's about how old pantaloons

(57:38):
get it. Never mind, Bidensays, Yo Mama is so old.
Trump said, how old is she? Biden says she's so old? Well,
you know, anyway, that's Good'sthe one, Yogi, that was
well done. Let me see here, Trump to Biden, Yo, mama

(58:00):
more broke than border. Oh that'sgood. I like that one. I
like that one a lot. Bootages, Mandy, your mama was so ugly.
The doctor slapped your daddy. Nowthat's an old one. Disgusting that
Trump's a seditionists and wanna be Hitleris your guy? You know what I
gotta tell you. I hate mychoices in this election cycle. I hate

(58:21):
him, But when I look atthe over arching which is worse for the
country, I think the guy that'sin charge of the Department of Justice,
which has been weaponized by the Democratssince Trump took office, the guy who
has some kind of tenuous relationship orat least got money from China and then
lied about it right now, ismore dangerous than the other guy. At

(58:45):
least under the other guy, wehad a strong economy. Even if I
find his personal behavior to be gross, and I do, I truly do.
But if we're talking about classified documents, Biden did the same, and
he was just a US Senator,So, but he's not being charged if
we're talking about payoffs to porn starsand putting it on the wrong line item.

(59:05):
Hillary Clinton did the same, butshe's not being charged. There's all
these examples, and whether Trump bangsa porn star when his wife is pregnant
doesn't have any impact on me.But a corrupt Department of Justice and a
corrupt irs very well could become myproblem. So there you go. Hope
that clears things up for you.Substitute teacher, my son's seventh grade class

(59:28):
was taking role. She finishes andthe kids say, hey, you forgot
Joe. Confused, she looks downat the roll sheet and asks Joe who
in unison. The whole class shoutsJoe, mama. Kids are still doing
the Joe mama jokes today? Yo, mama jokes. Are they still a
thing? Not? They were reallyhuge thing when I was in like late

(59:49):
middle school, early high school.Yo, mama jokes were everywhere yea even
time. Not really, they wereall a thing. This one made me
laugh, and I've been trying tofigure out a way to make it more
radio so friendly. But here's thetext, and you're just gonna have to
read in between the lines. No, I think I've cleaned it up enough.
A debate by two guys who haveoutlived their firm manhood by thirty years.

(01:00:13):
You could overhear the same Golden Corralat the Early Bird, at Golden
Crawl. Your mama so old.STDs hadn't existed yet. Your mama so
old her Social Security number is one, Trump says to Biden. Yo,
mama, Biden says, don't.Yeah, how effective has that been?

(01:00:35):
Don't give me a joke, Bidento Trump, Your mama so old?
Ug not a joke, Not ajoke, it is not. Oh yeah,
I can't read that one about crabsin her pants. Yeah, Yo,
mama so ugly. Her mirror saysViewer discretion advised. One sailor asked
another, what's up? Answer yourmom's price tag? These were not a

(01:00:59):
thing when you were young, becausethey were a NonStop part of my childhood.
No, and I see why mostof them are terrible. Oh they're
funny. And then but it wentlike this, like you would say,
Trump to Biden, your mama isso old scrant and Pa was just callingized
and then they'd be like what,And then everybody goes what and then you
know you have to wait comes back. I'm just swing that out there.

(01:01:21):
My gods are terrible. Hey Mama, here, hey Maanda, here's a
mama joke, Biden, Hey Donald, your mom's so ugly. She's a
threat to democracy. You'll see.Democrats would think that was an actual joke.
They would they would think that wasvery funny. But no, that's
not a thing that's happening. Okay, So no, yo, mama jokes
at the debate. What would makethe debate interesting? Arm wrestling? Would

(01:01:45):
you want to see these two oldduds arm wrestle is not a serious question.
Being on the air, I thoughtboth of their arms are like spaghetti
noodles. Look at my muscles,now look at that. Look at that.
I bet they're like spaghetti noodles.It being on the air and start
makes it interesting. Hell yeah,at least he's galore. It would be
interrupted by Palestinian protesters who are stillby the way. Now they're blocking the

(01:02:10):
Brooklyn Bridge. So they blocked theGolden Gate bridge and now they're blocking the
Brooklyn Bridge. Do we have anybridges in Colorado that are currently being brought
blocked? Do we know? Notthat I know of, I hope not.
I've seen the signage driving up anddown N twenty five, but no
blocking. I've seen Yo, mamaso fat, she jumped in the air
and got stuck. Your mama soold. Her birthstone is a dirt clod.

(01:02:36):
Yo mama so fat, she usesa boomerang to put her belt on.
Now we're talking really bad. They'resupposed to kind of be bad.
No, no, no, Ithey mean about someone's mom. I love
a good bad joke. These arejust bad. Yo, mama's so old.
She sat in front of Jesus inhistory class. Okay, kind of
like that. That was good,yeah, m but only kind of.

(01:02:59):
Now we're getting it. We're leavingthose behind. Just let you know the
attacks over the weekend in Israel byIran. I also shared a story about
an anti war protest meeting with abunch of losers, all wearing their little
masks, and you know, oneof them had a support poodle. But
they're going to be the revolutionaries whochanged the world. But when someone announced

(01:03:22):
at that meeting that Iran had firedon Israel, they broke into applause and
cheers, And I wanted to sharethis with you. It's about four minutes
long. But it is by awoman named Elika Lebon. She is of
Iranian origin. Now she lives inthe United States. She's an attorney.
I want you to listen to thisas she addresses people who believe that Hamas

(01:03:44):
is worth being on the side of. And I want you to listen to
what she says about the people whoall of a sudden have decided that Iran
was absolutely right in striking Israel becausethey were defending themselves. Just listen to
what she has to say. Iranianwomen, here, it's become very apparent
that you haven't been listening to anythingthat we've had to say for the past

(01:04:08):
two years. But I was wonderingif you could just lend me a few
minutes of your time in this ungodlyhour to hear us. Now we've had
to watch over the past twenty fourhours people clambering onto the internet to exclaim
that Iran has the right to defenditself. In what capacity have you distorted

(01:04:30):
this story to make the Islamic Republicthe victim's I think what we're most curious
about. When we were screaming forthe past two years that they were lynching
us, where were you when wewere screaming that they were killing Iranian women
for not wearing a hugeob Where wereyou when they were lynching Iranian men from

(01:04:53):
cranes for protesting. Where were youwhen we were explaining that this is a
terrorI occupying force. Where were you? But all of a sudden, everyone's
graduated from Instagram school of law tosay that this is a violation of international
law and Iran has the right todefend itself. First of all, you're

(01:05:13):
not talking about Iran. You're talkingabout the Islamic Republic. What the Islamic
Republic does is not a reflection ofthe Iranian people. We've been clear about
what we want, which is peace. Second of all, you may have
discovered the Middle East yesterday, butthe Middle East didn't start existing yesterday.
If you want to talk about anact of war, just a few days
ago, Federal court determined that theattacks on Israeli embassies and Jewish centers in

(01:05:42):
Argentina were conducted by the Islamic Republicand Hesbola that was in the nineties,
That was in the nineties. Wasthat an act of war? How about
the terror proxies that the Islamic Republichas created to foster regional instability. What
did you think that they were therefor. What did you think Hezbola was

(01:06:03):
there for Hermas who pies their militiagroups in Iraq and Syria. Did you
think that they were there to instigatea system of public schooling, education,
to feed the poor, house theun housed. What did you think that
they were there for? Is thatan act of war? What's October seventh
an act of war? Are therockets that Hesbola fires into northern Israel on

(01:06:27):
a near daily basis an act ofwar? And so when these senior IRGC
commanders meet up with Hezbola in anIRGC military base, okay, not an
Iranian embassy and Israel strikes, yourresponse is to say that that is an
act of war. If you hadlistened to us for the past two years,

(01:06:49):
much less the past forty five years, you'd know that Iranians don't want
war with Israel. We want peacewith Israel. Iranian people inside of Iran
have come out and said this overand over and over again. It's you
that wants war with Israel. It'syour hatred for Israel and your hatred for
Jews that's pulling us into a warthat we didn't ask for. Have we

(01:07:10):
not suffered enough for the past fortyfive years that we now have to be
used as pawns for your fantasies aboutwar with Israel? Leave us alone.
We don't want that. So ifyou want to support the Islamic Republic in
putting Iranians lives at risk and everyone'slives at risk, they just killed a
ten year old Bedouin boy for this. Is that what you wanted, then

(01:07:30):
just come out and say that withyour whole chest, say you support the
Islamic Republic in their continued aggressions thatput everybody's lives at risk. But don't
say Iran. For two years weasked you to come out and say free
Iran, and now you want tospeak up to put our lives at risk
and say go to war Iran.You are no friend to the Iranian people

(01:07:51):
for that. That is a womannamed Elka Lebon that is on the blog
today. And we'll be right backwith doctor Polygates talking about clients I'm change
and how to ratchet it back justa little bit. My next guest has
a new, very well selling bookout this month about the left's climate plan
and it is called Climate and EnergyThe Case for Realism. And welcome Doctor

(01:08:15):
David Legates to the show. Welcometo the show, Doctor, thank you,
thank you for having me on.Now before I get the angry text
messages on our text line about havinga hack who knows nothing about climate on
the show, what are your bonafides that bring you to this point.
I've been working on climate change sincenineteen seventy eight. I have a PhD

(01:08:38):
in climatology, one of very fewpeople on the planet that do have a
PhD in climatology. I've worked ashead of the US Global Change Research Program
for the Trump administration. I thinkI know what I'm talking about. Well,
let me ask you to kind ofgive us a thumbnail sketch of what
this new book is about. It'scalled Climate Energy The Case for Realism.

(01:09:02):
And generally speaking, if you rememberback in the olden days, CNN used
to have a program called Crossfire,and they have one person on one side
and one person on extreme other side, and they yell each other for an
hour and they call that entertainment.Well, with climate change, you know,
climate change is not a hoax becauseclimate change is real. It's been

(01:09:25):
happening all along. But at thesame time, climate change is not catastrophic
and it's not purely human induced.So I think the two extremes are just
that extreme, and the realism isthat climate change happens, but it's probably
for the better. And a warmerplanet generally is a better planet simply because

(01:09:46):
humans and civilization has done better whenthe temperature is warmer. Cold temperatures killed
far more people than warm temperatures.More carbon dioxide is good for plants.
So in the long run, warmertemperature and more carbon dioxide is good for
plants, animals, and humans.And that's just about everything that's alive on
the planet. So you said withkind of certainty there, you know,

(01:10:08):
it's not as man made as thoughtby we'll call them the climate alarmists.
I call them the warmies myself,but that's just me being disparaging. So
what do you think, Do youthink it's just natural? Are we accelerating
at all? What are your thoughtson sort of why we're changing at the
way we're changing. Well, humanscan and do influence the climate. I

(01:10:30):
mean we have something, for example, called the urban heat island effect,
and if you look at downtown Denver, for example, a night when there's
nothing happening, center city is goingto be generally slightly warmer than the surrounding
countryside, and that's because of theurban build up heat island. The problem,
of course, is that's where mostof our weather observations are. When

(01:10:51):
in the nineteen forties we had thesenew fangled planes come along, we realized
they need weather information, and sowe move the station from downtown out to
these new weather these new airports,which were located in cheap land out in
the middle of nowhere. If youlook at Washington, d C. For
example, the urban heat island hasspread. Now Dulles Airport is surrounded by

(01:11:14):
city and the temperature has risen atDullest has nothing to do with climate change,
has everything to do with local change. So humans do affect their local
climate. But at the same timewe go through variability. Temperature gets warmer,
temperature gets colder, We get morehurricanes for a while, then we
go through, say two months orto be two decades of very few hurricanes.

(01:11:41):
Same with tornadoes, same with hailstones. I mean they go through cycles.
And so that's why I say thatthere's a lot of variability associated with
whether that people tend to forget becauseyou know, after two three years,
we've sort of forgotten all about it. Well, I'm want to ask you
this question. I was talking withthe doctor off the air about this.
I've interviewed so many scientists who haveall these other alternate theories that have to

(01:12:04):
do with things like, you know, where we are in the elliptical cycle
around the Sun, or that it'sactually warming from the inside out, and
that carbon is a lagging indicator,not a leading indicator of a warming planet.
And to a person, they've expresseda lot of trouble getting funding for
any kind of alternate research. Haveyou found this to be true as well?

(01:12:30):
There's no doubt about that. Imean, the problem early on was
in nineteen I was in nineteen eightynine. I had just gotten to the
University of Oklahoma and it was theone hundredth anniversary of the formation of the
University of Oklahoma, and we hada lot of people come in talk about
where they thought their various disciplines weregoing, from anthropology to math and so

(01:12:53):
forth, and we brought in BobCorrell. He was with the federal government,
and he was lamenting the fact thatatmospheric science was a weak step child
to the other sciences, that allthe big money was going to the solid
earth geophysicists to take holes in theground, and to interplanetary astrophysicists to put
in big radio receivers and to sendsatellites in the space. And he said,

(01:13:16):
we are on the verge of gettinglots of money due to climate change.
And I'm expecting him to explain whywe're going to get, you know,
what we're going to get for ourmoney, what we're going to learn
about tornadoes, about hailstone forecasting,And instead he said, we just better
not kill the goose that's laying thegolden egg. And I think everybody in

(01:13:41):
the room got the idea that we'vegot to tell Congress. We've got to
tell people that the planet is gettingworse, keep the funding coming. And
that's unfortunately how science has played itselfout in the last thirty five years.
And now we've created an entire generationof young people. Some of them are
having vasectoms and their tubes sided attwenty four because they don't want to bring

(01:14:03):
a child into this life that's goingto be a barren hellscape because of climate
change and that's kind of what yourbook is about. Like, let's talk
about the extremes and where would youlike to see us land in a more
sensible fashion moving forward. I mean, in particular, we need to adapt

(01:14:23):
with a change, but I thinkthe changes, as I said, going
to be better. The idea isthat we have more carbon dioxide in the
atmosphere, and carbon dioxide is plantfood. Plants do much better with more
carbon dioxide. I mean, goto any commercial greenhouse, there'll be a
box, probably in a corner thatproduces carbon dioxide to get the plants to

(01:14:44):
grow faster. Warmer temperatures have beenbetter for civilization, better for humans.
We spend less time looking for food, less times trying to stay warm,
less trying to stay alive, moretime developing civilization. Temperatures kill people,
but cold temperatures kill far more peoplethan warm temperatures do. So if your

(01:15:05):
civilization is trying to develop, youwould rather have slightly warmer temperatures. You
would if you were plants, you'drather live in an environment with a lot
more carbon dioxide. So in asense, we are headed to a better
environment for animals, for plants,for humans. And that's just about everybody
on the planet. What is therole of oil and gas in all of

(01:15:27):
this? I mean they're called fossilfuels, their carbon based fuels. What
do you see as their participate,not their culpability, I guess in all
of this, if at all,well, in particular, I mean they
are leading to additional carbon dioxide inthe atmosphere. But they have also led
to something that a lot of peopleforget. If you go back to the

(01:15:49):
early eighteen hundreds, about one inten people were above the poverty line.
About ninety percent of the planet wasliving below what we would call at the
time poverty level subsistence living. Cometo twenty twenty twenty, what we now
see is more people above the povertyline. In fact, it's almost flipped.

(01:16:11):
Ninety percent of the planet lives abovepoverty, only about ten percent below
poverty. So eighty percent of thepeople in two centuries have been brought from
below poverty to above poverty. Howdid we do that? Inexpensive energy.
Inexpensive energy allows us to develop more, to make life easier, to make

(01:16:32):
life better, and that has broughtthat has been the issue. So the
fact that we have come across energysources which are relevant and expensive and allowed
us to develop, has allowed humansto develop over the last two hundred years.
My fear is that with this scaremongering that we're seeing, they want

(01:16:53):
to send us back to pre industrialage, which is headed back from whence
we came, and that's not agood place. What is an excellent point
that it feels like the extreme climatejunkies they want to take us back to
what though, because back in theday we were burning wood, which releases
carbon into the atmosphere, or burningdung, which releases carbon into the atmosphere.

(01:17:15):
What do they want us to bedoing exactly? Are we supposed to
sit at home in the dark,burning nothing, eating raw food. I'm
genuinely confused by the endgame here becauseI have a feeling none of them are
going to be doing that. Sois it just, you know, there'll
be this special elite that are decisionmakers and the rest of us are going
to be living like we, youknow, just rolled out of little house
on the prairie. Well, well, yeah, there's two issues with that,

(01:17:41):
And I think that the primary issueyou've just hit on is that what
they would really like is to cutback on the population. I fear they
hate people for a number of reasons, and I keep hearing that, Well,
what we need is just about severalmillion people on the planet, and
that's it. We need to goback to very few people. And I

(01:18:03):
know fewer people are easier to control, which is what the totalitarians would love
to see. But if you reallywant fewer people, then you don't want
a situation where they can easily survive. And I'm afraid that's the play in
Oh my Gosh, to limit thepopulation, decrease our footprint, and therefore

(01:18:23):
the planet will be theoretically better offwith a whole lot less humans. It
sounds like a Bond villain scheme whenyou put it like that. I mean,
but there's no other outcome, isthere? There's no other endgame that
I can think of. This iswhat I've been working on for years,
Like what are they trying to do? Exactly? Because every time we move
something forward in Colorado we now havea plastic bag ban, right because plastic

(01:18:47):
bags are everywhere. They're the scourge. They're going to end u wrapped around
a turtle's head somehow from our landlockedstate. And now you know what people
are using grocery stores, They're usingplastic bags that can only be reused a
certain number of times before they cannotbe reused anymore. Or they're back to
paper bags, which we had tostop using because they were cutting down too

(01:19:08):
many trees to make the paper bags. It's like this circular firing squad about
however we try to manage it ormake it better. That's wrong and that's
super frustrating, and that is andI live in a blue state of Delaware.
That's exactly what we're up to.We've long ago we got rid of
plastic bags. Now the idea iswe're cutting back on diesel and gasoline cars.

(01:19:33):
We've got to go to electric vehicles. If you build a new house,
you have to have connections in thehouse for electric vehicles, even though
you don't have one. We've gota mandate that all of our school buses
and all of our public transportation busesmust be electric vehicle. But the school
bus people are finding is that ifyou use a school bus in the morning,

(01:19:56):
you have it charged up, youtake the kids, pick them up,
take them to school, you donot have enough time to recharge the
buses before we've got to go pickthem up and bring them home. So
they've got to have twice as manybuses in their arsenal in order to get
kids do and from school. Thenext thing I've seen California wants to do
is limit railroad engines. Even thoughyou can move a ton of freight five

(01:20:18):
hundred miles on a single gallon ofdiesel fuel, that's apparently not enough.
And I mean, I don't likeyou say, I don't know when it
ever stops, but I think itstops when we've got very few people on
the planet and they're controlling those thatare left. Well, I want to
ask you a question. We hada story earlier in the week about Noah's

(01:20:38):
ghost reporting stations, Noah, ofcourse, being the governmental agency that everybody
points to and says, look,Noah says it's getting warmer. We had
a story that thirty percent of theweather stations that you were talking about earlier
in the interview are actually gone,and Noah just averages these stations closest to
them and uses that as an estimate. You would think if this were or

(01:21:00):
crisis, perhaps having weather stations wouldbe a top priority. That was part
of my job when I was inthe National Oceanity and atmosphere administration in a
Trump administration. That's what I wantedto look into, because right down the
street from me, about four miles, there's a weather station. I can
go online and I can find datafrom that weather station, except that every

(01:21:23):
observation I get has a little ebehind it, which means estimated that station
has not been there since nineteen eightyfive, continues to produce data because what
happens is they've got a system thatspatially interpolates the data. To do that,
you have to have all the stationsthere. Well, if the stations

(01:21:44):
disappear over time, as has beenhappening, how do you make up the
data. Well, literally, youmake up that data from surrounding stations.
Well imagine, for example, youhave a station at high elevation, maybe
at Estes Park for example, andit goes offline. So you start to
estimate that station from the surrounding stations, But those stations are all lower elevations,

(01:22:04):
So that station, all of asudden, is re estimated with much
warmer observations, and it looks likethere's a major warming that just took place
in central Colorado, when in factit's only happening because the one station you
had at high elevation disappeared. It'snow being estimated from surrounding values, and

(01:22:25):
the magics of mathematics make it looklike it got warmer when it really didn't.
Doctor David Legates is my guest.His new book, Climate and Energy,
The Case for Realism is out now. I cannot wait to read it.
I've already ordered it. Doctor.I appreciate you making time for us
today. Invest of luck with many, many, many sales of this particular
book. No problem, Thanks forhaving me on. All right, Thank

(01:22:47):
you, sir ah. I loveit when people just say things I agree
with. I'm not gonna lie,Ryan Edwards, don't you. Yeah,
I mean there is a certain amountof what I should say is consistent with
what I know to be sure.Sure. I mean, you know,
once in a while, I thinkit's fun to challenge, you know,

(01:23:09):
preconceived notions. But yeah, Imean, especially if it's something that you
have research and you've you put alot of time and thought into, and
then somebody comes out and that that'san expert in the field and says,
yeah, I agree with you.I've been doing this topic since two thousand
and five, when I got myfirst show, and it's frustrating as all
hell because there's a bunch of scientistsout there with alternative views, but they
can't get funding for their research becausethey don't want to chop off the gravy

(01:23:30):
train for everybody else. What's comingup on KOA Sports? We have an
extremely abbreviated show, only one hourbecause we have Rockies Baseball coming out,
and it's shocked full. Oh mygosh. We've got the Nuggets, We've
got the Aps, we've got theMasters, we got the Bronco Pop Today,
the Pios, all sorts of funstuff, Ian rap Portchoint's three thirty,
So it's all coming up. You'regonna get your hour of sports and
then Rockies Baseball. Keep it righthere on KOA

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