Kind: captions
Language: en
The Israel Gaza ceasefire [music] has
been broken and at least 100 people are
dead. The Biden autopen scandal is
gaining new momentum. The government
shutdown continues and the question now
is what happens when SNAP benefits
expire. A British man was stabbed to
death by an immigrant in the UK in broad
daylight. And that's got Elon predicting
civil war. The labor market appears to
be weakening as AI optimizations are
blamed for recent massive layoffs.
Brazil has gone to war with drug
traffickers inside their own country and
we should find out today if aliens are
actually visiting us as threey Atlas is
headed towards Earth as we speak. Drew,
how is it?
>> Um I think you're traumatized by what's
happening in Israel Gaza.
>> You know it was just we were celebrating
taking victory laps. We were like hey
how come he didn't get the peace prize?
Where's the peace prize? And then
Israel's like, "Hold my beard. We're not
done yet."
>> This one is too fragile. I don't
until
>> until like reconstruction begins and all
the lines have like moved all the way
back, I'm not going to believe it.
There's just this is a microcosm of an
ideological battle that is going to play
out across a lot more places now than
just Israel and Gaza. Uh so yeah, this
one's not going away anytime soon.
>> Yeah. Um, for those that are playing
catch-up right now, um, IDF soldiers
were allegedly attacked in Rafa by
Hamas, prompting Benjamin Netanyahu to
then launch a series of air strikes on
Tuesday. Israel military, now I'm
reading Marjgerie Tyler Green's tweet.
Israel's military said Wednesday that
the ceasefire was now back on, but after
it killed 104 people, including 46
children, according to local health
officials, 46 children. Are these not
war crimes? And this is uh her
retweeting an Associated Press article.
Originally the account was 60 people um
killed but then as death tolls and
things started ticking up overnight we
realized that it was closer in the
hundreds. So
>> yeah this is look [snorts] what are
people trying to get at with the
constant is this war crimes. So when you
are wholesale slaughtering people uh
does it really matter if we call it a
war crime or not? The honest answer is
on a global stage the only thing that
matters is do you have power? if you
have power, you can do whatever the hell
you want, including drop nuclear bombs,
which as we know, America has done. And
we're the only ones who've done it. So,
uh, and yet, um, you just move forward
and you have Trump in Japan, um, getting
along very well with the very people
that we dropped these bombs on. So, this
is a game of power. And I don't say that
to diminish any of the moral repugnance
of what's happening. I say it in the
hopes that people can really start
looking at this stuff cleareyed. get out
of just moralizing and get into, okay,
we're in the situation that we're in and
so how do we get to the other side of
it? Like really, really, really, when
you have the situation that you have,
what is the policy? What is the things
you want to see people do uh to actually
make all of this go away? Um, and I
think the only thing that's going to
make this go away is for the closest
thing I've seen is the Abraham Accords
to get everybody focused on economic
alliances to get people to understand
that you can make life better right now
today for you and your family that your
kids' lives can be way way better than
yours as measured by economics.
And it is the only thing that has worked
on a historical time frame. And when
economics collides with religious
ideology, you get this intractable
problem. Or so it seemed. So the
progress on the Abraham Accord side is
the only thing that is interesting to
me. So if you can actually get an Arab
police force on the ground in Gaza uh to
get all of this settled down, that to
me, and I said this before, that to me
would be historic. I don't care who gets
credit for it. That would be insanely
historic. Uh so fingers crossed that we
can actually get to that point. But
listen, man, I don't know if you've been
watching the footage uh of the Hamas,
presumably Hamas street soldiers
grabbing Palestinians and breaking their
legs with pipes. It is so wild to watch.
or the um the execution squads like this
is we're so far from settling this down
um that unfortunately I think any sort
of surface level peace is a mirage.
>> It's it's sad that we're here. Um again,
jokes aside, like we really just want
the war to end. So I just hope that we
come to a resolution sooner. Hope
>> I want it to end for sure. And I love
that you're saying something kind
because I even map to myself.
>> I look at this stuff and I see um
political calculations of okay the grand
sweeping arc of history which never
tells the story of the individual
tragedy and it
>> a single death is a tragedy. A million
deaths is a statistic and I really am
sort of up at the statistics level
looking at this. So it is good that you
remind us of the tragedy at the human
level,
>> but for us to for us to make sense of
what's happening in this moment, I think
it because it isn't just happening in
Israel, Gaza, there's a reason this is a
flash point. There's a reason what would
otherwise be this sort of small local
conflict has these worldwide
implications because there are far more
people dying in Russia, Ukraine, people
just don't care about it the way that
they care about Israel, Gaza. Um there
are other places in the world where
there's far more people dying even with
religious um problems. Is it Nigeria
that killed over the last 10 years?
500,000 Christians. Like there's there's
plenty of religious and ethnic death
happening in the world. But this
particular flashoint uh just really
captures people's imaginations for
reasons that we can tease out one by one
if people care. But um we have to
reconcile with this the um this
collision of you have a western style
nation in the Middle East that has
thrived economically.
They have a neighbor that they have
oppressed to death because they're
afraid that they're going to be
attacked. Obviously, for good reason.
But then that also creates more people
that want to attack them. And so you've
got this situation that people rightly
liken to the end of slavery where it's
like, well, we kind of [ __ ] these
people over for a really long time. And
if we give them their freedom, aren't
they just going to come and attack us?
And so
how you get this one to end? Well, when
on top of that setup, because that
obviously isn't how things played out at
the end of slavery, they went about
their economic business and were like,
"Okay, cool. We've got our freedom.
Let's actually do something with it."
>> Then what you see now is there isn't
from Hamas. I cannot speak in any way,
shape, or form about the general
Palestinian people. I just don't feel
like I know enough.
>> But from Hamas, they have an ideological
battle that they're waging and they're
not going to let it go. So now it
becomes, are you actually going to be
able to broker peace without what I
think is going to play out? I think uh a
consortium of Arab states are going to
come in with a police force and hammer
the living [ __ ] out of Hamas and however
much that spills into the average
Palestinian that may or may not be
supporting them. uh so that Israel isn't
the one doing it and so that the Arab
world can be like hey we have to march
into the 21st century the the oil
dollars are going to run out we have to
be something else and if we don't have
stability if we cannot attract capital
then we're going to be dealing with this
forever
>> we've played the clip before so I'll
just summarize it here but there was a
guy in like the cabinet of either the
UAE or I forget exactly what uh nation
but in the Middle East. And he says,
"Listen, Europe, you guys are going to
give birth to the next set of Islamist
extremists. It's not going to be us
because we understand what this is. You
guys don't."
>> And I thought that was extremely
prophetic. He said that like back in
2013 or something. I mean, this is a
while ago. And so
I really believe that the general vibe
very complex but the general vibe in the
Middle East is okay we've got to we've
got to diversify economically and that
desire to diversify economically to
become a stable place where capital
flows into to get capital investments
from around the world. The country that
see the country that attracts the most
foreign capital wins.
>> And so it isn't just about getting the
capital from within your own country.
You've got to you've got to show
stability. You've got to show uh a
willingness to let people make money.
You've got to show that you're
economically powerful. And they've got
this just glowing
problem between Israel and Gaza. And I
don't think they're coming down in the
side of Israel. I think they're coming
down on the side of economics. And so if
they can challenge that as a uh they're
not going to be a united force, but as a
a loosely aligned consortium,
if they can make a stand there, make a
stand against Iran. Okay. Religious
fundamentalism. That's really the the
stance. Then I think you can make
progress. If you don't do that, you will
be in this death loop forever.
Forever. [snorts]
>> Yeah. We shall see. And speaking of
death loop, I feel like we are missed
that we have to talk about this
government shutdown. And more
importantly,
>> are we really saying the community had
nothing to say about all that?
>> It's a developing story. So I wanted to
just make sure we acknowledge the
elephant in the room that is Benjamin
Netanyahu. U but of course now
>> do you really think this is just a
Benjamin Netanyahu problem like get rid
of Benjamin Netanyahu and problem goes
away?
>> I feel like that's what we've done in
Middle Eastern and other regime changes.
We're trying to do that in Venezuela
right now. It never works. And they
shouldn't do it in Venezuela either. Cuz
here's what happens. You You have a
problem. These people are bottom up
leaders. They're not top down. You You
don't have Benjamin Netanyahu as a
person who creates the problem. You have
a problem. And Benjamin Netanyahu rises
to the top in that moment. In the same
way that Trump is not some uh tremendous
leader that has moved us into a popular
populist era, he is a populist leader
that could only come to power in a
moment like this.
>> And so once you understand a moment like
this is the thing to focus on like what
are all the underlying things that drive
this? This is why it drives me nuts when
people aren't talking about the economic
problems.
>> I I feel so sad. This is as close as
I'll be able to give people moral
outrage. Um, okay. So, Scott Jenning was
on uh CNN yesterday talking about the
oversight committee's uh report. So, the
GOP led oversight committee has released
a report that's saying they are pushing
to void all of Biden's pardons because
they were done by autopen and they're
saying that he
>> because they were done by autopen they
don't trust that he knew about the
pardons that were happening.
>> Yeah. some of the testimony. I don't
know if you've watched any of the
testimony.
>> Pretty damning
>> in the sense of
>> that Biden really didn't know.
>> He was like, "Okay, go ahead. You got
it."
>> No, that they weren't even asking him.
Some of the people in the testimony,
they were like, "How often did you see
Joe Biden?" Be like, [snorts]
"Uh, I saw him like I think twice in my
tenure." Like, what? So, uh, yeah, it it
was very startling. But yeah, let's play
this
>> of auto pens has existed in every
presidential administration across
parties. I had an auto pen when I worked
at ICE. Um
>> I'm sorry, Elliot Williams.
>> Elliot Williams literally had an auto
>> important enough to have an auto pen.
[laughter] I'm so impressed.
>> I am important, Casey. But no, it uh um
and so it's a common practice.
>> Did you allow people to use the name
Elliot Williams without your knowledge
of the document or what was on the page?
>> I don't recall. And so
>> I'm asking you if you were a government
official and you had an autopin, which
you did, would you let some staffer sign
things in your name without reading?
>> Yeah. Here's the question. Here's the
question. Was my authority delegated to
that person? And I think they do have
the authority to do so. Laws and regul
And I'm serious, Scott. Laws and
regulations.
>> The authority to delegate pardons and
executive orders. The president of the
United States can say, "You, unelected
staffer, can go sign my name on a
document that I've never seen for a
decision that I've never made." Quite
often the United States code delegates
authority. So through the president
>> pause it for a sec. Honestly, shout out
to CNN for having differing views. It's
very interesting to see these guys argue
this stuff.
>> Uh I do enjoy that. But the So they're
going to go back and forth and Scott
just keeps basically saying like there's
no way you can't delegate these kinds of
things. Um, the real argument to me is
far less interesting about the autopen
itself and is far more did Biden
actually want these pardons to happen
and just going back to the principle of
whatever you do to them, they are going
to do to you when you lose power. So
these boys and girls just need to be
very thoughtful. Do you really want to
go undo the power of the presidential
pardon so that now all of these things
are being fought? Um, I don't think we
do. So, I would much rather like, hey,
if we really don't think Biden did
these, then get him, talk to him
directly, put him under oath, and just
say, did you want to pardon all these
people? And he is, of course, going to
say, "Yes, of course I did." Great. Is
it a cover story? Probably. But will I
take it to move forward so that we don't
find ourselves in this stupid political
battle? Yes. And I just really can't
understand how these guys cannot look
forward into the future and go, "Oh god,
they're gonna weaponize this against
us." There's so much of the government
that just operates on decorum, what I'll
call British common law. So the whole
idea behind common law is there's just
some things that everyone just sort of
does like well this is how we've done it
and you can update it and you can put
something on the books and say okay we
may have done that but like this doesn't
make sense anymore. new law, but that
way things stand the test of time. And I
know like even in an entrepreneurial
context, I will beat people to death and
say just because you've always done it
that way does not mean you should do it
that way in the future. But from a law
perspective, seeing that some things
have withtood the test of time is very
useful.
>> So, uh,
when these guys seem to be totally
ignorant of that fact, not everything is
on the books. A lot of it is just we all
agree that we don't do that thing. M
>> uh and they start like tearing all of
that stuff apart, things will get
unhinged very fast.
>> Yeah. I like when I seen this on the D,
I was like, "Okay, let me like dig into
it. Maybe there's something I'm
missing." But I do kind of agree. I feel
like this is a delegation thing. Now, of
course, I I I use our specific example
like when people want to come on the
show, I get thousands of pitches like,
"Hey, I'll be perfect for a Tom show."
And it's a dude that sells supplements.
>> I don't necessarily need to go, "Hey,
Tom, do you need like should I?" I kind
of have a good gauge of like yes, no.
And I know from their perspective,
they're like, "Oh, this dude is
gatekeeping. If I can just get around
him, I'll be fine." Now, at the same
time, we have this conversation. I can't
just add people to your calendar either.
So, it's not like I get free reign,
>> but I do think we we have to ex we have
to assume that President Biden in good
faith, just like President Trump when he
signed an executive orders, I might not
know is this executive order 145-1 about
oh, this is the one about the border,
right, that we talked about. Okay, cool.
I don't need to go line for line. It's
kind of assuming that the people I put
in power are setting me up for excess
success. So I agree that like I don't
think that this is the hill that they
want to die on. So I'm hoping that this
is just a slow news day talking point
and not something
>> they're really going to push this one.
The DOJ is going to bring charges for
sure. Uh this is one where I think there
are certain things that shouldn't be
delegatable. pardons is one of them
because it I think in the constitution
it says like only the executive can do
it
>> so it's very clear about that but
>> there are many things that yeah of
course auto pen somebody else yeah yeah
yeah I trust you just do it like that
kind of thing is fine for like the lower
level stuff
>> but
>> pardons
>> because have to physically sign 600
documents
>> uh
>> I think it was 1600 pardons that Biden
did or something like that comes down to
like how are we going to use the
autopend? Like is there one thing where
it's put in front of Biden that says I
authorize these 1600 names to be
autopinned and then you at least sign
that. So you've got some documentation.
I'd be all for that.
>> But we're at the point now where I think
it makes sense to get Biden under oath
>> and just have him say, "Yes, I wanted
all those people pardon." And then
everybody calm the [ __ ] down and let the
pardon stand. could be as mad as you
want, but otherwise we're just going to
turn the Democrats and the Republicans
into increasingly
violently opposed forces and they will
just come at each other non-stop. And
then fewer and fewer people will want to
enter the government because you just
feel like, yo, this is dangerous, man. I
don't want to go to jail. Like I don't
want the other side taking something
that I did in good faith, but we ended
up like handling the paperwork wrong and
now they can put me away and everyone
would agree this should be charged as a
misdemeanor, but instead they're doing a
felony and getting a max sentence. Like
that is not a world we want to live in,
man.
>> Eats. [laughter]
>> Eat.
>> And here's the thing to the people
saying he will lie. Yeah. Yeah. Yeah. Uh
totally. I get that. I'm fine with that.
I just we need a way to heal and move
forward. As cheesy as that sounds. So,
if he's going to stand by it now, great.
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And now, let's get back to the show.
>> Um, what do you think is going to happen
when SNAP benefits run out?
>> I think that the thing I'm going to
learn is how SNAP benefits are actually
being used. the people that are using it
to eat are rightly going to uh make a
whole lot of noise
>> and people will rightly be mortified
that our government is willing to play
these kind of dumbass games.
>> Uh are we also going to find out that um
there's a whole lot of [ __ ] in the
SNAP benefits doubling in the last 5
years? probably. And so I'll be very
interested to see what that's about. Is
it about immigrants? Is it about um
people getting more than they were
previously being allocated?
>> It might be about a pandemic that
happened and
>> yeah, but why why do you and I'm really
asking because I [clears throat] don't
know why did that double the expenditure
and not come down now that things have
renormalized
>> over 5 years. Um, so it didn't double
like you know um just like just like we
lost 25% of our purchasing but like it
those are tied to each other. Um
>> but that would account for 25%. What do
you think is the other 75%.
>> So if you're just saying no no no Tom
that's just inflation cool I totally buy
that 25% of it
>> but I don't it's not going to be 100% of
the increase. So what accounts for the
other 75% of the increase?
>> So there is
>> over such a short amount of time
>> there was increased benefits full stop.
There was supply chain issues also.
>> Why did we increase benefits?
>> Because people weren't working
>> but
>> because the government was shut down.
>> So you're saying nobody could go.
>> Before it was like supplemental. Now
it's like we're just going to cover your
whole thing. There was there were
temporary like bumps in the unemployment
SNAP benefits and um so you're saying
healthare subsidies all those things
echo of the labor force
>> echo of the labor force from COVID
shutdowns. Yes. This was
>> mathematically that's not going to get
you very far. So you've got the total
allin everything unemployment number
even people that are just I flat refuse
to look for a job is 12%. So, and how
but that's like
>> risen from whatever.
>> But people people think if you have SNP
you're not working. There's people who
work who are
>> sorry what I just heard you say is uh
the increase is due to a corresponding
decrease in the amount that those people
are getting paid from a job whether
they've lost hours lost their job
altogether
uh inflation right or did I
misunderstand what you're saying?
>> There were let's just break it down into
tiers. So CO full stop if you are
impacted by
>> what does CO mean to you
>> the shutdown in uh economic activity
>> ended years ago. So what are we talking
about
>> but from 2000 but again we asked where
happened in the last 5 years this is
>> I think we have a different graph in our
minds. So the graph in my mind which we
can pull up I think we grabbed it. It
spikes up at COVID and it comes down a
little but not a lot. And so I'm saying
if this were co it would just come back
down to preandemic levels. It doesn't.
This is the SNAP I don't I don't even
>> expenditure graph.
>> Let's look it up. SNAP expenditure
graph.
>> Yep.
>> Um but yes, they increased all the um
they increased the benefits over COVID
and then those these are the same thing
what the ACA [snorts] subsidies that
they're arguing about. It was a COVID
temporary relief that people now don't
want to they don't want to resend that
temporary subsidy.
>> Okay. So, do you think they should and
I'm just misunderstanding?
>> I'm just saying this is where it comes
from. You ask me where it came from,
>> right?
>> Yeah.
>> Yeah. Yeah. So, I'm saying as we look at
this, what what I'm asking is you've got
people that got an increase in benefits.
>> To me, you should only get an increase
in benefits if you are going to be
malnutritioned without an increase in
benefits. And then we go, okay, why are
you not able to afford food? I think
this should all be means tested, which I
know people hate, but just seems insane
to me that we don't means test. So,
>> what do you mean by means test? that you
have to qualify like are you looking for
a job? Why are you not able to get a
job? How much are you getting paid at
your job? Could you
>> that that's like there's an application
for SNAP. It's the same thing with like
unemployment how you have to like file
then you have to like you get assigned
it. I can't just go to snap.com and put
my
>> My direct statement is very simple.
>> Uh if we took people's benefits up
because during COVID they were um
literally without work. I get that. Now
that things have normalized,
>> I would expect them all now to have jobs
again. So, um the question becomes, are
they proving that they're looking for a
job, that they have a reason that
they're not able to get a job, so on and
so forth.
>> Uh that's not the one that I'm thinking
of, but if that paints the clear
picture, it just looks like that ends in
22. We need one that ends in 24.
>> Um snapping expenditures graph. Uh
>> anyway, it goes up. It comes down a
little. It does not come down. That's
the graph.
>> Yes. Boom. Boom. It spikes for 2020.
>> That's pure insanity. I I don't see like
someone will need to explain to me why
the 2025 trend is not back to 2019.
There's a reason, but I want to know
what it is. So anyway, this is all what
do I think is going to happen when SNAP
defaults? I think we're going to find
out why that number hasn't come back
down. And if it's a whole bunch of
[ __ ] meaning if uh immigrants are
on SNAP, people are going to have
something to say about that. Uh if it's
people that aren't being means tested,
people going to have something to say
about that. If it's people some
percentage selling their SNAP benefits
because they are getting let's say
$3,000 worth of SNAP benefits but they
only need $1,000 to eat then
rumor has it
>> some percentage between one person and a
whole bunch [laughter] which I have no
idea uh are selling their snap. So,
these are all the things that we're
going to find out. Or it's all entirely
need-based and so many people have lost
their jobs, the economy is collapsing,
and it's just revealing the underlying
rot and it's the canary in the coal
mine, I don't know the answer. So,
that's what we're going to find out.
Now, if it's this is just the canary in
the coal mine, the government has [ __ ]
up so badly that something like 40% of
Americans are on benefits. Mhm.
>> So it's like, yo, you have you have a
catastrophic problem if 40% of people
are on benefits. That's wild. So, um, we
need to fact check that. We need to look
at that because it I might be conflating
40% are on government payroll, which
could also be true. Both of those are
wildly problematic.
>> Um,
>> but anyway, that's what we're gonna
learn. And then,
>> um,
>> be a reaction from that.
>> I want to go to this Peter St. uh qu
clip who says that um the shutdown could
last to 2027 cuz unlike past shutdowns,
there's not a debt ceiling scare um
that's around the corner. Um
>> this was crazy. Had you ever
contemplated this? I had no this was not
on my ban card.
>> I'm going to be honest. This is the
longest uh shutdown since Trump did it
the last time. And because he wants to
slash government anyway, to me,
Republicans have no incentive to open a
government again.
>> Not with their poll numbers going up.
But it I failure of imagination. I did.
Let let him say what he's gonna say and
then I'll explain how shocked I was.
>> The government shutdown could
theoretically last until 2027. According
to Zero Hedge, dare we dream. As the
federal shutdown enters day 28, we are
just one week shy of the record set back
in 2018 when Trump wanted a border wall
and Democrats wanted new voters.
Republicans ended up surrendering on
that one with not one penny for the
wall. But this time, amazingly,
Republicans have held the line. This is
probably because polls are showing the
shutdown is not actually hurting
Republicans. In fact, their odds in the
midterm elections, which is the most
important thing in Washington right now,
have actually gone up since the shutdown
began, now hitting 40%. That's pretty
impressive considering the party in
power has won midterms just three times
since 1934. Yet, here we are near even
after 4 weeks of shutdown. Now, the
polling suggests mainstream media has
lost their mojo while Trump has been
very careful to keep funding everything
popular. So, the military, ICE, wick for
pregnant women while starving all the
left-wing garbage, the foreign aid,
money holes for New York subways and
wind farms, food stamps for illegals.
So, there's little pressure for
Republicans to cave. They win by doing
nothing, which to be fair is already
their comfort zone. That takes us to
Zero Edge who asks, "How long can it
keep going?" Now, the key is most past
shutdowns were paired with a debt
ceiling, which makes markets panic about
Treasury payments, which are the
lifeblood of our Ponzi financial system.
But the next debt ceiling doesn't hit
until mid 2027.
That removes the external pressure to
cut a deal. So, if the world's not
ending, if markets aren't even noticing
the shutdown, if Republicans are rising
in the polls while Democrats are afraid
of their Antifa base, nobody needs a
deal. In theory, this means they can
literally keep going until 2027. So, for
fun, what if they do? For starters, 2027
is far past the 61 days needed to
permanently fire federal workers. The
Office Management and Budget has already
officially fired roughly 10,000 and can
keep going to in theory all 750,000 who
are officially listed as useless.
>> If they do that,
>> that would be
be transformative from a cost
perspective. I'm not going to lie, I'm
kind of for it. I don't know enough
about what the unessential worker or
non-essential workers do to just pull
that trigger willy-nilly. But this is ex
watching this was the first time I was
like wait do I actually have hope of a
balanced budget. [laughter]
>> Uh so I again I don't know that that
would come even close. You probably
can't get anywhere near what you need to
get to without touching entitlements.
But
>> I was like hold on a second.
>> Yeah
>> cuz first of all counting this as
counting government jobs as GDP is so
insane. Like that that is
>> patently ridiculous. That is patently
ridiculous. It's wild. You're double
counting because those are just tax
dollars going out again and you're
counting it again. Like you're literally
double counting revenue. That's insane.
Uh so you shut that off. You stop
pretending. You get a real sense of
where your economy is, which I think
will be startling to people about how
slow our growth actually is. Uh and
>> what would be the impact of that of the
GDP thing? Because I think that
>> purely psychological because it is it's
you're double counting the revenue from
a GDP perspective.
>> So we find out our GDP is negative for
the last 20 years.
>> Probably not negative, but it'll be very
low.
>> Yeah.
>> Yeah. Uh so let's say you find out that
you thought it was whatever we think it
is 2.8 or 1.8 maybe it's 1.8 right now.
Uh and you find out that it's like
point4. It would be like ooh we are
stagnant. We have been stagnant. Like
because then you start running all the
numbers going backwards and saying,
"Okay, if we took out all the
governmental expenditures, what does
that look like?" And you start
realizing, oh my god, like this is a
ridiculously low number. [clears throat]
>> Uh that would be very very detrimental
to the psychology of the US. But I think
it would help people understand why we
are where we are. Dude, real wages have
stagnated for like 40 years. That's
insane. Especially when you think about
how much inflation there's been in
>> America's just been getting poorer and
poorer and poorer. And the part that
really wounds my soul and they don't
understand it's from money printing.
They just don't understand it. Money
printing globalism. If you like a
one-two punch and if you can only do one
money printing
>> like if you can only fix one you'll fix
money printing over the globalism.
>> Correct.
>> Got it. Um,
hypothetically speaking, um, I know we
talked about this number earlier that
estimates 40% of people are employed by
federal and like government. I'll say
federal and state. I'll put combine
those numbers together. Let's say we
slash that to 20%. Um, that is roughly
60 million people. Um, on top of the
other million uh AI job losses that is
kind of on the
>> This is where it gets scary.
>> Yeah. is you now run the risk of putting
yourself into a deep dark depression.
>> Yeah.
>> Uh from just all the job loss. Yeah.
Because whether that's recycling tax
dollars or not, that's money that people
have to put into the economy. There are
two economies now in America. They have
completely fractured away from each
other. And basically rich people are
driving all of the spending. And you can
look at our economy and go, "Oh, like,
hey, 1.8, okay, that's not great, but
it's not horrible." And then you start
looking under the hood and you realize
that that 1.8 is largely fake because of
people working for the government. And
then on top of that, it's driven by like
a tiny number of companies. The spending
is driven by a tiny number of people.
It's like 10% of Americans are driving,
I don't know, 80% or more of the
spending. Yikes. Dude, you can't have
that. You can't you can't have it simply
because of envy and resentment. Yeah.
>> Like there's not a complex mathematical
formula about why you can't have it. You
can't have it because
>> we as animals cannot look out at
somebody else that has way more than us
where the economy is working for them
>> and be okay. We won't be okay. We'll
start fighting. We start hurting other
people. Like that's the response. And
when you get a mass number of people
mobilizing to hurt other humans, you
have instability, lack of safety, it it
is a nightmare of epic proportions.
>> Speaking of killing people, let's go
over to the UK now where we have footage
of an Afghan man attacking a uh That was
terrible. Yeah. Thoughts and prayers.
>> That Yeah, no kidding. Uh also, by the
way, this is extremely graphic, so if
you've got kids or you're squeamish, uh
you don't want to watch this. This one's
rough. Um, but here we go.
>> Um, this was reported uh yesterday and
as you can see there's a
>> this is broad daylight
>> squabble.
>> A squabble. And from what I heard, he
doesn't know this guy at all.
>> I thought they were they look like they
were yelling.
>> He's literally just walking his dog and
he they must argue about something. I
have no idea what. But this guy stabs
him to death. Just stabs him to death.
I'm talking if you're not watching
overhand. I mean, was he get him 12, 15
times?
>> This This is not like poke and run off.
He is just stabbing [snorts]
the literal life out of this man in
broad daylight. This is so wild. And he
goes on to attack a couple more people.
Now, look, I don't know this mentally
ill could be. Uh but this obviously in a
country where you're inviting a whole
lot of immigrants in that do not share
your values and you give them a spark
like this.
Buckle up. We'll see, man. We'll see.
But this
>> Elon Musk retweeted civil war in Britain
is inevitable, just a question of when.
>> Yeah.
>> Uh I feel like there's this similar
notion of civil war. I don't know if
this is just another example of
populism. We need somebody to blame. Um,
>> yes.
>> Yes.
>> I mean, that's a that that is like if
you're going to nutshell it,
>> when people are economically insecure,
>> then that economic insecurity turns into
um it starts as anxiety. Nobody wants to
sit in that. So, they transmute it into
anger. And then when you actually have a
real problem, then it becomes easy to
point people at that. And the real
problem is very simple. Uh you have a
clash of cultures. I don't need you to
believe one side is right over the
other. I just need you to understand
that the physics of the human mind is
that when you encounter people that
don't share your value system, you start
killing each other. So, and just to make
that one easy for people, uh,
Protestants and Catholics in Ireland,
they were all white as the driven snow
and they were killing each other as fast
as they could. So, uh, when ideologies
differ, people start killing. So,
welcome to the human experience. Um,
there's a clip I want to pull from the
Ruddyear Tim Pool interview. Um, because
he asked him this question, does he see
civil war? And I like Ruddyear's
response because I think this is
something that surprising. Yeah. This
was something that we always overthink.
Um,
>> the the part I'm talking about that was
when he was like, I don't think that
this will do it because
>> I thought he was going to be like,
"Yeah, yeah, yeah." And he was like,
"Well,
>> so it's a very tempered and very
insightful response."
>> Yeah. It comes from basically intimation
cuz my search is not working and YouTube
is hating. That's fun.
>> Um you can you can cut it. Um well it
comes ination that um poor people in
America specifically they were talking
about in the on the backs of snap
apocalypse they won't rise up for a
civil war because effectively they have
no power. They don't have the same
infrastructure. They don't have the same
guns as a private. Now America has very
specific people. If Elon Musk is wronged
he has enough money to get a bunch of
mercenaries. He could do battle with the
US Army. you know, he he may not
directly, but at least
>> I'll give I'll try to get very close to
verbatim. [clears throat]
>> Uh when Tim P asks Ruddard Lynch aka
what if alt hist if he thinks that the
snap apocalypse, as some people are
calling it, the end of the SNAP benefits
will cause a revolution in America. He
said a couple points. One, it's very
hard to starve in America. Uh so because
people won't necessarily be hungry
enough, they won't have the enough
agitation. Then um also the only times
that you see actual revolutions are when
you have a group that is um politically
savvy and influential enough to actually
get well organized and then like really
cause a meaningful problem to the
government. And he said, "This is why a
lot of times you will see um when people
are trying to hold power in like a
communist regime, they'll just kill all
of those people." And so unfortunately
when like the Sha of Iran took power, he
killed like 30,000 leftists. So the very
people that helped get him into power
ended up being a threat to him cuz he
saw, "Oh, you guys were so well
organized. You got me here, but you also
don't believe the things that I
believe." And so now I've got to kill
you guys. Uh so killed uh like 30,000
and exiled [clears throat] a bunch more
and that's how he gained power. So um
yeah you if you're not well organized
and that's the next part of his argument
is if you're just poor unorganized
working person you can't generate enough
momentum to actually do something
meaningful. You can sort of um
>> uh what was the occupy Wall Street of it
all but they didn't have they didn't
know what they wanted. They didn't have
one clear agenda. there was no one clear
leader and so their energy just
dissipated over time. Uh so without that
very concrete, wellorganized, very clear
agenda, you're not going to do anything
big.
>> Yeah. Do you So does that to me that
gave me a bit of relief cuz because
there was a lot of this calculus is
going to happen and people are going to
freak out and they're going to riot and
they're going to do all these things
where it's like yes they might do those
things but is that the equivalent to a
BLM no kings protest? I don't think it's
actually going to get to National Guard.
Trump needs to intervene. Yeah. On the
results of the snap thing. But
>> my I the only way I can answer the snap
thing is it's so rare that something
really pops off. I don't think we're
there yet.
>> Um but that's not necessarily
specifically because I have a whole set
of facts and I'm looking at it. I'm just
saying nah from a historical perspective
like those kind of things. It's rare
that they actually end up popping off.
and we're not at the 30% unemployment.
Uh there isn't enough focused like this
person. The closest thing even during
2020 when you had the flash point of
very specifically we're all locked down,
we're all freaked out, we don't know if
we're safe, we don't know what our
economic future looks like, and we think
the government is killing uh underserved
people. Then it's like, okay, you really
had a chance for things to properly pop
off. And even then, it like it, don't
get me wrong, it was bad, but it wasn't
revolution civil war bad.
>> So, if that didn't spill us over,
>> we're in a better position now than we
were in 2020. So, I don't think
>> unfortunately I think it's going to be
worse. I think it's going to be a slow,
painful death versus a revolution. And
I'm saying,
>> you'd rather see a revolution?
>> It's not that I'd rather see a
revolution. It's just that I don't think
we have the juice for a revolution to be
honest with you cuz I think a lot of
this bold rhetoric is YouTube and
internet talk and when you get face to
face with somebody your uh courage is a
lot different.
>> Is that a good or a bad thing in your
mind
>> that
>> that we don't have enough juice for a
revolution?
>> I think for a bloodiness perspective it
is good. uh the comma however part comes
into the we aren't co collaborative
enough to come around the corner of it
though because I don't think that that's
also going to then lead to a kumbaya
moment kind of like we had civil war cuz
we don't have the okay guys no more
slaves we're all friends now let's hug
it out I don't think there's going to be
a time where like okay guys let's hug it
out no more illegals we're friends now
or okay let's let's just split the
difference 50-50 attacks everybody's
good now let's hug it like I don't see a
common ground for the right and the left
right now even if Everybody kind of
tried to meet in the middle of their
policies because we're so sprung out.
>> Yeah. Revolutions almost always lead to
tyranny. It is
>> beyond shocking what we pulled off in
America. I mean beyond shocking that we
were able to get the states which were
essentially separate countries at that
point
>> all together to rebel in unison and then
to actually and it wasn't immediately
after uh like a decade after we get them
to ratify the constitution of the US.
Yeah,
>> very impressive. Very impressive. And I
don't know, man. I don't know if it was
just that particular moment in time.
Like I got hit up by somebody who was
basically like, "Uh, Tom, there's going
to need to be a second founding of the
country and we need voices like you."
And I was like, "Yeah, this is not
real." You wouldn't go to Freedom
Papers.
>> I would, but I was the convention that
uh the Hamilton, not the where he did
the Freedom Papers. It was the
Federalist Convention or something. Oh
god. If It's one of those where if I
didn't have to say it out loud, I would
know exactly what it was.
>> Anybody know that? Anybody watch?
>> The convention
>> the convention that they had to go to?
>> Yep.
>> In the chat's going to tell us. Chat's
going to tell us. We'll get there.
>> Uh so yeah. [laughter] Um
>> All right. Let's um
>> I I don't think we're at that point. I
don't think we could agree. I think if
we had a revolution in America right
now, it would end up like the Arab
Spring. just so many people pulling in
different directions that you just end
up getting the most tyrannical person
that can hold everybody together
>> taking back power.
>> Sounds like Trump if we had to.
>> Would he be able with all the
>> he was willing to shoot a bunch of
people it like if the military rocked
with him and he could get him to shoot
people? Yes.
>> But if the military broke away, no.
>> Constitutional convention. Thank you
guys. That was so easy, too. We dropped
the ball on that one.
>> Yeah, we did. Thank you, Ch. We'll get
back to the show in just a second. But
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four extra months. And now, let's get
back to the show. We got to talk about
this AI bleeding job markets. These are
a lot of people,
>> a lot. And
>> a lot. And it's we're not at the
beginning anymore, but Amazon, the odds
that they do some approximation of the
600,000 that they're rumored to be
letting go by 2033.
It's very high. Yeah, very high.
>> And I feel like right behind Amazon is
going to be Walmart. It's going to be
Target because they have the same
warehouses. They do the same
automations. They're just waiting for
the test dummy to kind of prove this
like proof of concept.
>> See how much backlash they get.
>> Exactly. So, we're seeing a lot of these
things happening. Um
I I am 100% grateful for entrepreneurs.
Y
>> and I I look at this example a lot
because of your Yes. There are now 20ome
odd people that have jobs and families
and all types of things. So, God bless
the entrepreneurs, all that stuff.
However, that ratio if we had to
extrapolate that, can we can that be
sustainable enough? because right now it
seems like the job losses are coming in
waves faster than new companies are
coming into practice. So, I feel like
we're starting to hit a net negative.
Not to mention the government employees
that if uh Trump gets his way with this
federal um shutdown that we talked about
that he hired like lets go even more
people. We can really see a substantial
number of people who had quote unquote
nineto-ive safe jobs now being
unemployed with jobs that don't exist no
more in industries that are fading away
quickly. Um, what is there to do?
>> True. This this one is legitimately
scary because I
>> the way that I play this out in my mind
is as follows. Every revolution that
we've had previously technologically
created more jobs than it got rid of.
So, nobody should cry for the lamp
lighter. Although I'm sure there was
legitimate human tragedy in a guy could
feed his family one day and couldn't the
next and his wife ends up leaving him
because he can't make ends meet and she
finds a guy that can and I mean just
like all of it and he loses his kids and
he becomes an alcoholic. I'm sure all of
that is true
>> but the reality is that you have to
distribute the pain and suffering. So
when you try to make sure that nobody
can fail, you just stagnate society and
then everyone fails. M so you're in a
position where you have to just say
there's going to be creative
destruction. Electricity comes along.
Lamp lighters go out of business.
Automobiles come along. Horse and
carriage, all that stuff goes away and
it just is what it is. And historically
more jobs got created by electricity
than we lost. So cool, this is a net
win. We're all moving in the right
direction. Industrial revolution, same
with all that stuff. And then I think
about what's going on with the AI
revolution and I go, "Huh, you're
creating something that's going to be
better than me at everything.
It will on a long enough timeline be
indistinguishable from humans to where
you'll be tricked. You'll have a friend
and it'll be like the crying game and
you uh
you're having sex and you can feel a
bolt inside. I mean, it's literally
going to be some [ __ ] like that." And
you're like, "Wait, and we're going to
get the the what are they called? The
comp voit machines or whatever from um
>> oh god, it's not cyberpunk. It is
Bladeunner."
>> Bladeunner.
>> And
>> that's all going to happen.
>> And so I'm like, "Okay, these things are
going to be not a little bit smarter
than me. Not like Einstein is smarter
than me, smarter than me, like a
thousand times smarter than me, 10,000
times smarter than me." and embodied. So
now I'm like, what do I do exactly? And
so then you realize only people that can
monetize the fact that they are human
will have a job. But then you go,
>> but the reality is that
the bots are going to make everything
free. So now I've got this hyper
intelligent being that will know how to
capture energy from the sun. will be
clever in ways that we just aren't. And
so energy becomes free, labor becomes
free, and that means everything is free.
And you were limited only by the
resources that you can capture here on
Earth or in uh asteroids as they fly by.
Or maybe you can even synthesize things
like think about this. Plants turn
sunlight and dirt into physical
structure that you can eat and survive.
So you can transmute things hard. And so
if this thing gets really good, it could
be like capturing like bac