Asymmetric Intimacy

0:00 On the pod. On the pod. On the pod. Pod. Yes. It's colloquialism. It's a podcast. Adam Curry. It's Sunday, 08/30/2026.

0:07 This is your award winning Gitmo Nation Media Assassination episode eighteen ninety nine.

0:13 This is No Agenda.

0:16 Coming to you from the gateway to all drug trade throughout Europe here in Rotterdam, The Netherlands. Special guest from the All In podcast, Jason Calakanis.

0:25 Jay Cal will be joining me to make sense of your world and deconstruct the media in less than one minute.

0:33 Ladies and gentlemen,

0:36 valued producers

0:37 and pre revenue startups burning 12,000,000

0:41 a quarter.

1:36 You don't get an intro like that everywhere, do you Jason?

1:40 Oh, no. So great to be here. In the morning That was a great intro.

1:45 Love it.

1:46 Jason

1:47 is in you're in the hill country in Texas, I Yes.

1:51 How long have been How long have been in the hill country?

1:54 This is year three for me. I'm I'm at the Eastern

1:58 Ridge of the Edwards Plateau. As you know, that's the plateau you and I in FEMA region number six. That's right.

2:05 FEMA region number six. You you got a noisy room there, brother. What's going on? Okay. Well, I'm coming in here. You you gotta get into that mic, man. This is this isn't like some some video podcast.

2:16 We got a bunch of dudes on there just, you know, yapping away with Skype taking care of everything. I'm sorry. No. Zoom. Zoom. Zoom.

2:24 Know. Well, I'm up on the mic here. Hopefully, I'm okay. Yeah. That's good. I just dated myself.

2:28 Thank

2:29 you so much for for taking time out of your busy week to do this.

2:34 My pleasure, people don't know, but I have always been a huge fan of not just No Agenda,

2:40 but

2:41 John C. Dvorak, who in my early years I used to race home after school to get the PC Magazine, and I would open it up and I would read about

2:50 his column,

2:52 and I always said, gosh, if someday I could get paid

2:55 to do what this guy does, which is just

2:58 be a curmudgeon and get free product, and then just,

3:01 you know, say it's terrible and push them to do better, you know, and then

3:07 growing up, you know, grew up on MTV, and I got to see you on

3:12 as just a great broadcast or and I've always just been a fan of your work as well, MTV, what you did online, what you did building websites and your design company, so I always thought you and

3:24 John were like

3:26 big brothers to me to kind of study

3:28 and watch what you do because

3:31 gosh, my whole career now is based on

3:34 podcasting.

3:35 People don't know this, but you created podcasting with Dave Weiner, and then my previous company, Weblogs Inc, my blog company Oh, that's was based on Dave Weiner The weblogs. Creating RSS. Yeah. Now wait a minute. Don't we know each other from the nineties in New York?

3:49 Yes. We were both in New York in the nineties. I was doing Silicon Alley with Silicon Alley. That's right. Yes. You were like that guy who was always trying to get scoops and stuff.

3:58 Yeah. You know, I had about, you know, at the age of 23 or 24, I started zines. The punk rock thing to do Yeah. The zines. Was to build a website or have a zine. So I had a like a photocopy zine, but I just timed the wave perfectly with,

4:11 you know,

4:12 the Internet, and you timed it as well, you bought like the first domain names,

4:16 and I was just running around New York talking about CD ROMs and

4:22 Voyager and interactive web websites. I was as fascinated as you, but I always wanted to be a broadcaster.

4:28 And you were like, you know, one of the first VJs, which was truly innovative in the world. And then there was Howard Stern, there was John C. Dvorak and and you know, I got to just take notes. I took notes.

4:40 You know, it's funny you you bring up

4:42 MTV,

4:43 which I usually don't think about or talk about. But I just saw

4:48 Sean Lennon on Rick Beato's

4:51 podcast. You ever watch Rick Beato? You know who he is? No. I don't even know. He's a guy who

4:57 he has a studio and, you know, he's been recording and and recording

5:02 music for forever, I think. But he started to I think YouTube

5:07 he's more of a YouTuber than a podcaster.

5:10 But he gets guys in, he gets some famous musicians and they're talking, they're playing, talking about recording techniques. And probably for the last two years, he's talking nonstop about, you know, how AI is killing the music business, of course. And I actually I I pulled this clip because it was kind of fun. Scares me is that I used to be kind of anti MTV in a way, you know, you're like, oh, MTV is just so So this is Sean Lennon. Mainstream and corporate. But I miss it now because I feel like there's no town square or campfire

5:39 where we can all go and kind of at least know where culture is. Absolutely.

5:43 In fact, there might be no place that culture is because there's no single culture. There's cultures, and they're all over the place. And of course, certain people manage to break through and resonate with bigger groups for periods of time, but it's never like Michael Jackson thriller. That's right. It ain't like that. And I think that was really good for humanity because it kinda connected us. It made us family. Yes.

6:04 We were family. Remember? Back in the day, we were fam Yes. I think actually early early blogs and early podcasting was all we were kind of family in a way back in the day.

6:15 Yeah, you know there was a group of folks who were drawn to the Internet in the early days, they were generally,

6:20 you know, radical,

6:22 freedom loving,

6:25 you know, explorers, and we just wanted people to get an internet connection and join the party, right? Was like the ethos of it when it was only a couple million people online, then the web browser happened, dial up, etc.

6:36 And then everybody went to blogging for a little bit, and then everybody went to podcasting,

6:40 and

6:41 I just remember when podcasting came out I was just like wow,

6:46 you could actually be Howard Stern, you don't need anybody and literally you just telling Dave to add

6:51 that little

6:53 enclosure to the RSS feed,

6:56 change the world,

6:57 and

6:59 know, I don't mean to blow smoke or anything, but I don't think you get your due, and I have like very few people, you know at this level, I have a top, literally top five podcasts in the world most weekends, you know,

7:12 all in gets into the top five on the rankings. It's kind of crazy. Well, I hear you're the best podcast in the world, which is still one step under best podcast in the universe.

7:22 Well,

7:24 me tell you, that's called a hat tip sir.

7:26 And so I there's

7:28 a there was a literal hat tip to you because you were saying that long before I did and

7:33 I literally this week was talking to Spotify and I said hey guys, listen, if you want me to tweet the link to Spotify you've got to go listen to podcasting 2.0 and I want these two things, donate button and the live button, I want you to respect

7:47 you know, the standards because I wouldn't be here if it wasn't for what Adam Curry and Dave did, and you know, as part of this ecosystem, you all need to support it, so and that's the value for value thing, when I started This Week in Startups, I tested it and it went just even back then sixteen, seventeen years ago. I think I started sixteen years ago, you started '18 or '19?

8:09 Think Daily

8:11 Source Code, it just celebrated

8:16 twenty two years maybe.

8:18 So you're probably 19, I'm probably at like 16 or 17.

8:21 And I did that, but then I wound up getting all this advertising, but I wish I had just stuck with Value4Value.

8:28 I think it's like another one of those

8:31 innovative things you did in your career that

8:33 I take notes and when

8:35 you get to the top of the game, like who can you look to and say, okay, who's doing something innovative in the world, there's no Agenda, and what you and John here and continue to do here,

8:46 however you wind up, and that was my big question for you, where are you at in your journey, because the community needs to know, but there's very few people I take notes from, and you're one of those people, so I always try to give you your due, as I wouldn't have the career I have if it hadn't been for that moment when you asked Dave for that enclosure. So just a formal thank you for me. You're

9:04 more than welcome.

9:05 It just kinda happened.

9:08 But you know, what is so interesting

9:11 is that all of a sudden you're like,

9:13 you're in California,

9:15 you're early investor in, I

9:18 wanna say Tesla, but probably other things, maybe even Uber was the famous one. Uber. Right.

9:24 Yeah. And then and then from there you just expanded it into,

9:28 you know, you've got your you you started like seed funding and now I think you're a proper venture capital, you know, dude.

9:36 Yeah. And, you know, and it's it's just been a very interesting career. And I love that you ultimately just went, you know, I gotta come back to the I gotta I come I gotta go to Texas.

9:48 Which is the same as me. It's like I was East Coast guy, West Coast for just a little bit, and like, no, Texas is the place. And that is just an interesting choice you made there.

9:58 Isn't that interesting because we both had the same exact experience. We were in New York in the nineties,

10:03 which for anybody who doesn't know, New York was the peak,

10:07 like, just peak culture in the nineties. Hip hop hit, MTV,

10:12 the internet, blog, it was amazing and the world was just for young people to do whatever they wanted. People just believed in youth, it was literally like the sixties probably.

10:24 If John was here he could tell us all about it. He

10:27 would say no, but okay, he'd be like bull crap.

10:30 See,

10:31 it's not like the sixties, we did a lot of Ashford.

10:35 I'll get into my JZD,

10:37 got some clips on the impersonation. Anyway,

10:41 you're right, and I got to spend a little time in LA, a little time in the Valley, but then I watched as like New York went complete socialist lunacy,

10:48 crime, insanity, it's really heartbreaking for me, because I grew up in Brooklyn,

10:52 to see that. And then in California I just watched it go from like

10:56 a place where it celebrated innovation,

11:00 starting companies, entrepreneurs to hating them. Yeah. And then a couple of my friends, Elon,

11:06 Joe Lonsdale,

11:08 but you know, just a bunch of people started going to this place, Austin, and I had been to Austin in the ninety's for this little conference called South by Southwest,

11:16 and I said wow, this place is incredible, like this

11:19 feels like Brooklyn where I grew up, or it felt like San Francisco in the early two thousand's when everybody was just rooting for each other. And it was like, we're all on the same team, let's innovate. And it really is like,

11:31 I think the spirit of America

11:33 lives here in Texas and I'm just I am loving it.

11:38 I you're right. In fact, I got a clip

11:40 from Los Angeles.

11:43 What's the

11:44 who's the mayor now? Who who who

11:46 Karen Bass? He lit the place on fire in Africa

11:50 while it was burning. This is a council woman who who had a small moment of

11:56 of clarity about something that Los Angeles wanted to implement. LA City Councilwoman Tracy Park is saying a hard no to one potential city project, public sex huts. This comes after the idea was floated by a resident during a city council meeting. The idea was for a private place where homeless people could go to have some privacy as a couple or by themselves.

12:17 Park introduced a man's suggestion in a video titled things that would only happen in LA. But before even getting off the ground, Park made it clear saying at the end of the video, quote, no, we are not doing public sex huts. I guarantee you, it's still gonna happen. It's it's too good of an idea for Los Angeles. They love they love stupid stuff like that.

12:36 You know, watching

12:38 the homeless situation

12:40 in San Francisco go from, you know, got a thousand people, 2,000 and then you know hit tens of thousand,

12:47 I realized this has this is the wrong moniker, this has nothing to do with homelessness,

12:52 it really is a tragedy, it has to do with fentanyl

12:54 and opioids, and

12:57 it's really sad because if you, God forbid somebody in your family was on the street in one of these places, and they

13:04 were allowing people to freely sell fentanyl

13:07 for $5 a hit, $10 a hit, and then

13:11 they wouldn't arrest the fentanyl dealers who are all from South America in these crazy gangs,

13:17 and you let people live on the street, any person who had a family member, again God forbid, would say please arrest them and put them in jail and just because they're not going to get help and the ability to get off that drug is like 10%,

13:29 5% best case scenario,

13:31 And it's not compassionate

13:33 to allow people to live on the street. It's not compassionate to allow the super drug But it's a be sold. Thing because this is exactly what happened to Austin. That's why Tina and I had to leave. I'll never forget,

13:46 I went on Joe Rogan show in when he was still in Los Angeles

13:50 and was right before COVID and so, you know, COVID's going on, everything's kinda weird.

13:55 But it was fine for me because I was just at home and John and I were having a good time trying to tell people this was nuts. And then Rogan calls me and says, hey, I'm thinking of moving to to Texas. I was thinking Houston or Dallas.

14:09 I'm like, no, man, you gotta come to Austin.

14:12 And so he comes to Austin near the tail end

14:15 of of COVID and at this point we're out. We're like, there's so many homeless, you know, I'm sorry, camping.

14:23 And Joe calls me says, hey man, I'm here but this was all the tents.

14:28 I'm like, I don't know man, I'm moving to Fredericksburg.

14:31 Man, listen,

14:34 really how

14:35 you frame an issue, and this is one of the things I love about what you guys do, is you really challenge people to reframe their thinking,

14:42 shout out Scott Adams, and to really deconstruct the media. If you call this a homeless problem and you use camping,

14:50 well then you're going to try to solve that set of problems. The truth is I call them junkies, because when I grew up, what did you call somebody who was addicted to junk junkies? People get very upset when I say that, and I'm like, gotta use the accurate word,

15:03 if you say they're junkies, then you know, okay, it's a ninety five percent chance this person is going to be dead in the next two or three years, and the only way to help them is to force them into rehab,

15:14 or to put them in jail to detox them, and that is sadly the only solution. You cannot solve this by giving them a free home or giving them money, and California tried. And Austin I think

15:25 is learning that hard lesson of like you just can't enable it,

15:29 and if you, you know I spent time in Japan, and in Japan if somebody,

15:33 you're like why are there no homeless people, if somebody is homeless in Japan they pick them up

15:38 and they bring them to their family. And

15:41 that is the process, and you know I think you can learn a lot from that, you know, if you have somebody in your family who's got this problem,

15:49 picking them up, taking them from California, back to wherever they came from, because every, if you talk ninety percent of the people who are addicted in California are from other places, they just know can score.

16:00 Yes, the weather, you can score and not go to jail, and they give you $800 so

16:06 famous venture capitalist Bill Curry told me, hey you know J Cal, if

16:11 you want to get more of something, you should pay for it, and if you pay for it you'll get more of it. And that's what Callevoirier did. They were literally paying for every junkie in the country to come there. You know, it's it's it's sad. I'm in Rotterdam, The Netherlands right now. Finally, tomorrow I will see my granddaughter for the first time. Yes. I was supposed to come earlier but we had a little death in the family.

16:32 Yeah. And and The Netherlands used to be no homeless. Just it it wasn't a thing. And now you see them everywhere.

16:40 It's it's and this is and there's no need for it and that's drugs,

16:44 obviously.

16:46 It's just the it's it's a sad thing. By the way, I'm gonna be I'm a little slow today because this was and you travel internationally,

16:54 this was not a great travel day we had. We left yesterday.

16:59 The direct flight from Austin to Amsterdam was supposed to leave at six, so we really weren't in the air until 07:30.

17:07 And as much as I like KLM,

17:10 they really had the the older crew and

17:14 they were slow so

17:16 dinner really wasn't, you know, our time dinner wasn't really being served until 09:30.

17:22 And, you know, the lights are on, you can't, you know, you can't really close your eyes. And I stupidly

17:27 started to watch

17:30 Operation Hail Mary with Ryan Gosling. Have you have you seen that movie?

17:35 It's two

17:37 and a half hours

17:38 and, you know, so so I'm eating during it. And so anyway, so I wind up sleeping

17:43 maybe

17:44 an hour and a half, two hours,

17:47 we land now. And then we gotta get from Amsterdam to Rotterdam. I forgot with traffic

17:52 and it's just, you know, it took a nut. So we're here Hardduous. At 01:30 in the afternoon. And then, oh, we're sorry, the room won't be ready until three.

18:03 It's it's just been one one mishap after another. But anyway

18:07 But we'll get through it. We'll get through it. Hey, man. I got a question for you. Yeah. Got a question for you. Because the audience wants to know, like, how are you doing

18:14 with, you know, John passing obviously,

18:17 and figuring out the next chapter,

18:20 like, and you know, obviously you're trying different things here, was super flattered that you asked me to fill in one day,

18:26 but what's your thinking here, like you're keep going, you're gonna do it once a week, I mean, you always joked about the exit strategy,

18:34 where is your head at right now, because I can't imagine having a twenty year collaborator,

18:40 and then it goes and then you got this huge community that's, you know, hey, they want you to keep going, but is it can it be the same or, you know,

18:48 I don't know. Well, I'm just thinking I've been thinking about you and I DM'd you a bunch, you know, and I've just been thinking about you. You've you've actually been very you know, we we've

18:57 DM'd from time to time and I you've you've always been encouraging. I've always appreciated that. Especially because John and I would make such fun of you on the show all Fair the

19:06 game. Fair game. And

19:08 you know, so what people don't well, they realize it but they don't is that for me, okay, my my

19:16 it was a performance, you know, John and I did a show together

19:21 and it was a

19:22 man, you're breathing real hard. Something's Hold on a second. What are you doing? You're putting No. You know what? My air purifier went on. Oh, is that what?

19:31 It's the HEPA filter. Turn that thing off.

19:34 So

19:35 with John passing

19:37 was not just, you know,

19:39 my business partner,

19:41 my performance partner,

19:43 I mean, he but

19:45 the show died. What the show was died and can never ever come back.

19:50 And

19:51 that, I'm I'm not sure, to be honest. I mean, I've been doing

19:56 other things. I have a company called Godcaster

19:59 and we've been doing stuff with that. I really love We Get To Do This that I do with with pastor Jimmy,

20:06 which is, you know, it it it it's a version of of No Agenda. I'm I am passionate about that. I've enjoyed these past, you know, few shows with people, you know, people who I want to just

20:19 who I like working, I've always wanted to work with, like, hey, wonder what it'd be like to do a show with Rob Dew. What it'd be like to do a show with Jason Kallikanis. What it'd be like to do a show

20:29 with

20:31 with Matt Long. I mean, I'm thinking of Tom Luongo. Don't if you know who he is from the Gold Goats and Guns podcast. Yeah. It's

20:39 it's so I I wanna do that, but I don't know. I really don't know.

20:44 I it's it's to be seen.

20:47 I'm I'm definitely struggling. This is part of the process to figure out

20:52 what to do. I mean, I I I feel that I probably have some other things to do.

20:58 So I'm just not sure yet, Jason. I'm I'm really not. Yeah. Well, it's a process and it and clearly the community

21:04 is supportive of what you're doing. You know, I was thinking about it and I do listen to the other one, we get to do this. I think it's great. I don't talk about

21:13 the fact that I'm a Christian and I grew up Catholic and I didn't even know that. I mean, all of a sudden

21:19 hey brother.

21:21 You're

21:22 you're

21:23 cloaked right in front of me. I'm like, look at him.

21:25 Well, you know, it's like, you know, you talk about it publicly, people are like, okay, that's weird. Like, you

21:31 base some of your opinions on what you learned,

21:35 you know, about Christ and his lessons,

21:37 and I'm like, yeah,

21:39 pretty special guy, even if you don't think he's the son of God, you know, get some lessons, anyway, I think that pod is and I can feel the positivity and the energy from it, but there's something very weird about podcasting,

21:48 and you know, I'm probably one of the few people who can relate to this strange phenomenon which you have, which is people recognize you

21:57 at an airport or, you know, and they just are

22:02 it's asymmetric intimacy, they really know you, they really love you, they really feel like they're your friend, it's so charming. Parasocial.

22:10 It's parasocial, is the fancy word for it, and I call it, like, asymmetrical

22:15 intimacy.

22:16 And they just think, wow, Jay Cal, I'm your buddy, because you're in people's ears. These AirPods and the regular

22:23 cadence every Thursday,

22:25 every Sunday, No Agenda coming at you in the morning,

22:28 and you guys were so good at it

22:31 together

22:32 that it forms that habit and then it's really jarring to

22:38 have it change or go away. And that woman who was crying in Australia,

22:44 just like some news lady, newscaster. She's

22:47 a dame. She's been a dame

22:50 for many many years. Dame Sarah, she does Dame Sarah. Yeah. She was doing Good Morning Australia or Good Morning

22:56 Sydney or something for many years. Oh, yeah. But that's you're exactly right. And I and to and every day I still get notes, you know, like, I had no idea. I I never cried for anyone I didn't know before and Yeah. People were destroyed.

23:10 Yeah.

23:11 Yeah. Anyway,

23:13 I I don't really Yeah. Recognize,

23:14 you know, flying here

23:16 is very odd because the flight attendants would go like,

23:20 aren't you Christina's dad?

23:24 Fantastic.

23:25 Yeah. You're a granddad now. Hey. Let's let's That's it. I'm so glad you did this. None of the other guest cohosts have have tried this out, but you threw you threw an absolute three by three on me. Hey.

23:40 Hey. By JCD.

23:42 Yeah, baby. Comparing story from ABC.

23:45 CBS and Mace.

23:48 We're ending some by three. Alright. Three by three. Three

23:51 by three. We haven't had a three by three since the passing of the great JCD,

23:55 but

23:56 Jason, you brought it. So what are we doing Alright.

23:59 Well,

24:01 I I like John, I'm addicted to the Sunday morning shows and

24:06 obviously the midterms are coming up, you talked about the last two episodes, midterms midterms midterms, and here we are again, What's oil

24:15 gonna what is actually happening

24:18 during all this midterms midterm midterms,

24:21 now we got something really interesting.

24:24 Venezuela,

24:25 oil,

24:26 straight of Hormuz,

24:28 China

24:29 and Russia, all of this is becoming

24:33 it's all starting to come together like a plot from homeland or something, because

24:39 here is

24:40 the week

24:41 on Canada, this is the week, first part of our three by three,

24:46 and a Canadian

24:47 politician just talking about Venezuela oil, which we just did a big deal for. On Friday that he had made a deal with Venezuela

24:55 to take control of

24:57 65,000,000,000

24:58 barrels of its oil. How concerned are you about that? Because right now, Canada makes up 60% of The United States crude oil imports.

25:07 Does this give him a bigger bargaining chip?

25:10 Well, you know something? I'm that that's gonna be up to president Trump. Who do you wanna deal with? An unstable government like Venezuela?

25:18 Or do you wanna, deal with your number one trading partner, your number one ally ally

25:23 that has stood shoulder to shoulder

25:26 through almost every single war

25:28 Interesting. That, both both countries have been in. We're allies. We're best friends.

25:33 Our trading is so integrated.

25:35 We need to get a deal that's beneficial for both countries.

25:39 And you'll see

25:41 both countries thrive and prosper and grow.

25:44 That's Now we go on. Hold on. We will keep our eye on all of that. We thank you for your time this morning, Premier Ford. Yeah. That was Ford. Of course it was. Yes. Yeah. Is. Brother of the other Ford. Yes. Yes. Speaking of junkies,

25:59 So erratic.

26:01 Here's Ted Cruz on MTP. Meet the press. Coming to my next question, let's turn to Venezuela.

26:07 This deal that president Trump announced on Friday to take control of more than 65,000,000,000

26:13 barrels of oil there. Senator Cruz, you have been calling for free and fair elections in Venezuela, which the administration Yes. Has been promising since it arrested Nicolas Maduro.

26:22 Do you believe elections

26:24 should be held in Venezuela before any oil deal is finalized?

26:30 Well, let me start by saying that that the oil deal as announced sounds like it could have a very positive impact on The United States, on The United economy, on American jobs,

26:40 and and a very positive impact on gas prices over the long term. 65,000,000,000

26:45 barrels of oil is an enormous amount of oil. And and and so I I commend president Trump

26:51 for an agreement that that on on its face appears to have a really positive economic benefit for America.

26:58 The the question you asked, the answer is absolutely yes. There need to be democratic

27:03 free elections in Venezuela. Delsy Rodriguez

27:06 was Nicolas Maduro's vice president. Maduro was illegitimate.

27:10 He was a Marxist.

27:12 He had seized power contrary to to the will of the voters. And and from the beginning, I have been urging, and and I believe the administration is working towards this, that there should be free and fair elections. Before an oil deal is finalized? Alright. Who the leader should be? I think that's good. Yeah. Yeah. Cruz.

27:29 You know, if

27:30 we learned anything from JCD,

27:33 it was that this this is bull crap. This Yeah. The Venezuelan

27:38 crude

27:39 is like tar.

27:41 You know, it's not it's not like, oh, you can just take this to America and boom, you put it in your car. It's dirty. It's well, it's thick, it's it's Yeah. It's gotta be processed. Yeah. And it's like, no, this isn't an obvious ploy for the midterms.

27:56 Obvious ploy for, you know, to try and

27:59 I don't think anyone's falling for it, but to reduce the the overall price per barrel of oil.

28:05 That's the I mean, and it was our oil to start with.

28:09 Yes. Our company set all of that up. So it's just like, no.

28:14 It sounds like a really big deal. But I also know from

28:18 the oil Baron

28:19 that it's gonna take a $100,000,000,000

28:22 of investment

28:23 to really start moving all that stuff. It's not like, you know, it's just done.

28:28 And then,

28:29 yeah, Fox News commented on as well, but I think it's pretty,

28:33 to JCD's point, it's just another rehash of the same deal. And then at the same time, I dunno if you saw the breaking news and there's no audio clip for this unfortunately,

28:42 there's talk that they're dredging

28:45 Yeah, a canal, canal,

28:47 in

28:48 the Strait Of Hormuz that we will own with Oman,

28:51 so now you start putting all this together,

28:56 I don't know how you feel about it, the war was obviously a mistake in my mind,

29:00 I think we had with the strategic bombing and cutting things off

29:05 and not letting them make progress,

29:07 and now he's got to reverse that with sixty days or forty five days. So this is all about the midterms. I I completely disagree.

29:16 I I Okay. Here we go. Because

29:19 both Venezuela remember it was Venezuela first

29:22 and Iran.

29:23 You know, the oil, the the the cash flows from the oil, people don't understand.

29:29 This money was going somewhere. And after you've bought all your homes in London

29:34 and in Switzerland,

29:35 you know, where was it going? Well, Venezuela,

29:38 drugs,

29:39 Iran,

29:40 terrorism,

29:41 financing, all kinds of nonsense all over the world.

29:46 And you know, my my opinion is that

29:53 Bank of London,

29:54 Bank of England had, you know, or really

29:57 the London Financial Center had been just managing

30:01 this oil there for, you know, for eighty years really going back to the British petroleum days.

30:08 And they've always, you know, controlled the flow of the oil, the price of the oil and it was time to stop that nonsense. So I I was actually okay with it and I love hearing,

30:19 you know, our gay general patent Scott Bess, saying,

30:23 well, you know, the Strait Of Hormuz, she'll be windsurfing there because all the pipelines

30:28 have, you know, they're already in place, but they were in place, but they're all now being expedited

30:34 to to transport a lot more. And it's just not gonna matter and it won't be ours per se, but it will be our quote unquote new friends,

30:42 Saudi Arabia,

30:44 UAE, you know, now

30:46 no longer in OPEC.

30:48 So I think that's

30:50 I mean, to me,

30:51 I I'm pretty sure he didn't mean for it to to last for six months. That was that was very short That's a problem. Very short sighted. But

31:00 I don't think he cares, Jason. I don't think he cares about the midterms.

31:04 I don't think he gives a crap about it. He wants steel production in America and he wants oil to not be controlled really by anybody as long as we have enough of it for ourselves.

31:14 That's what I think his plan was.

31:16 Yeah. And so he was told by a lot of the cabinet, hey, don't do this. Let's just keep doing the strategic bombing thing. But he went for it. It was a gamble and I think you're correct. He thought, hey, Venezuela took

31:29 three days, what's the max this could take? Thirty? I can get this done. We have the greatest military of all time, but he hasn't gotten it done, and I think that's gonna be the challenge because I think you know you're gonna lose, I think the Republicans are gonna lose this, you know, House or maybe the Senate, it's kind of a jump Maybe off the

31:45 they deserve to lose.

31:47 Maybe, you think starting a war after you told everybody you wouldn't. That's the problem is now the entire

31:53 all the people who are as big as supporters, I'm just watching them all go, you know what? I didn't want this, I didn't want a war, you told me no war, and now you can't control inflation because if you start a war,

32:04 inflation is gonna go up, it's gonna be permanent, it's gonna be persistent,

32:08 and that's I think the big challenge is the two promises he made, I'm not do any wars and I'm gonna, you know, control inflation, both of those,

32:18 he can't solve them now. I don't think they're

32:21 unsolvable in his the rest of his presidency. We'll see. Twenty six months, twenty seven months left. Again, I I don't think he cares.

32:27 I really don't. The the ultimate goal the ultimate goal was he's not getting reelected.

32:32 He wants to fix something very structural. That that's my opinion.

32:36 And now you have this operation economic

32:40 outcast,

32:41 which means for the first time a treasury secretary

32:45 is going to turn off

32:47 the the money tap for countries that are

32:51 essentially taking,

32:53 you know, laundering Iranian oil money to wherever it has to go. I actually got a clip here from

32:59 what is this? This is Kyle Bass. I think he might have been on CNBC.

33:03 He was talking about China. So how does China react to this?

33:08 Yeah. I mean, your your position is correct. China buys almost all of Iran's oil, 90% plus. It's about 15% of what China

33:16 imports daily for its for its energy needs. And so

33:20 look. The way that this works is the Iranians sell oil to China in RMB,

33:25 and then then cash houses in The UAE

33:28 have been the ones changing the RMB for dollars

33:31 for the Chinese. So if you saw last week, The UAE came out and said they're gonna cut Iran off. I know it took The UAE a while and many attacks to realize that they should cut Iran off, but I think you're gonna see treasure secretary Bess and his sanctions team

33:46 headed

33:47 up by Gene Lang. You're gonna see them make a

33:52 they're gonna make an example of a bad bank this Friday. So I think you're gonna see Iran only has about 30,000,000 barrels of oil left on the water. These enhanced sanctions will absolutely

34:03 strangle Iran. The people that say that that that they need Iran's cooperation or we're not gonna go after China, they they don't know what they're talking about. I think you're gonna see some some real,

34:13 let's say, constriction

34:15 of our of our sanctions on Iran and then and then on China.

34:22 Yeah.

34:23 RMB,

34:24 somebody asked in the troll room, what's RMB? That's the Chinese dollar. Set it typically at 8 per

34:30 US dollar and they control it, and if you have RMB you cannot get it out of the country. Chinese citizens are allowed to take 50 ks out, but sometimes they get a thumb drive and they put Bitcoin on it, or Zcash and they get it out.

34:44 You know, this is

34:47 the thing I'm concerned about is contagion of this war and how long it's going to take, and now China

34:54 and Russia are looking at this going, they

34:58 can't fight two wars, certainly can't fight on three fronts,

35:02 and

35:03 to your point, like, what is Trump's motivation here? He keeps saying the war's over, he solved it, etcetera, said he would solve Ukraine,

35:11 and I think people just don't believe him anymore, and so I don't think he's gonna get it done. Don't think Ukraine he's gonna get it

35:18 is he's

35:19 completely given up on that and

35:22 and I

35:23 think selfishly,

35:24 he's like, well, you know, everyone's moved up to 5% now. We'll just sell all the missiles

35:29 and, you know, we're we're making out like bandits. There's no you can't talk to these people in Europe. They're insane.

35:37 The the, you know, The UK,

35:39 Germany,

35:40 The Netherlands,

35:41 France, they're nuts.

35:43 They are in a war mindset. That's all they care about.

35:47 From what I can see, they're just gonna,

35:49 you know, keep going until everyone in Ukraine is dead. There's already no men. They're just, you know, they're It's so they're rousing them on the street if you're walking around. The I I read today the the average

36:02 lifespan of a new recruit on the front on the front lines is like 30

36:08 and they're dead.

36:10 They they're emptying out the entire country. And the Europeans, the people in in Europe, they're like, don't even know there's a war. No one's walking around worried about it. And on the other side,

36:21 Putin was supposed to go right to Kyiv.

36:23 I think I'm supposed to pronounce Kyiv, not Kyiv. No. You gotta say Kyiv. Come on. Yeah. I mean, I don't know. Kyiv.

36:29 On the stove.

36:31 We say Kiev. Chicken I mean, I don't know. Chicken Yeah. Kiev

36:35 with that's with the cheese and the sauce. Anyway, they

36:38 were supposed to roll in there in three days. What happened? His tanks are all rusted and then he's gotta go recruit people from North Korea to be on the front lines. Ah, you watch too much M5M,

36:48 Jason.

36:49 You're watching way too much. You think I'm getting

36:52 bad information? I

36:54 this is

36:55 the other thing that you know obviously plays into this is

36:59 China wants

37:00 Taiwan, they want those fabs and

37:02 this is just gonna involve them making

37:05 They're making their gonna take them. And but they're they're not gonna stop producing.

37:10 This is the thing, we are China's number one customer.

37:14 They're not gonna go to war with us. Who's gonna buy their junk? It's only us right now.

37:20 So, you know, we're trying to onshore

37:23 chip fabrication, you know, that takes a long time. So we'll never catch up

37:28 to was it to

37:30 TM

37:31 TSMC.

37:32 Yeah. TSMC.

37:34 We'll never catch up to that. But what China's China's not going to sell the chips to us if they take over Taiwan, really?

37:42 What's gonna happen, I mean I have some inside information on this from boots on the ground kind of thing, and the plan is to, when they make their move, to get all the scientists out there who manage those fabs, and those fabs are built by a company

37:56 in one of the Nordics,

37:58 those really refined fabs,

38:01 and then they're going to either burn the fabs or move them out on carriers,

38:06 and think about that, like they

38:09 are going to burn the bridges, that's the inside line is that they will never let China have those fabs.

38:15 But I you know, Elon's building

38:17 a tariff fab. A tariff oh, know, tariff fab. So he's gonna have That's a real deal by the way. It's a real deal. How about the data centers in space? Real deal?

38:26 Yes,

38:27 but three years out. So here's the thing,

38:30 if you can put those

38:31 love put

38:33 well, no. He putting the Starlinks up,

38:35 the difference between a Starlink and these new ones is they're a little bigger, but they'll be able to communicate between each other,

38:43 and they're going to be bigger but the new Starship is bigger, so proportionally they should be able to manage it, but it's like Elon is right,

38:52 the joke we have is Elon's

38:55 always right, he's just always late too.

38:58 He's like whatever he says, if he says two years it's four, if he says it's three years it's six, just he's

39:04 very ambitious and that's a technique he uses with his team,

39:07 but the thing you'll see before data centers in space is data centers

39:12 in

39:13 big

39:14 box retail locations and data centers

39:17 in planned communities, so imagine you got one of these planned communities in the hill country,

39:22 and you tell everybody, hey, I'm gonna put a battery pack there, you get the battery pack for free,

39:27 and then you have battery backup for when we lose power here, which happens every January for two weeks apparently.

39:35 Then they say the

39:36 only price you gotta pay is we're gonna put some H100, some H200,

39:40 some Vera Wang, whatever chips

39:42 in that battery, and then connect them, buy fibre or whatever, and you distribute it like that, And then take big box stores, your Walmarts, your Target I think that's fantastic. Tons of energy. I think it's fantastic because when all this stuff crumbles,

39:57 we'll all be mining Bitcoin at home. It's gonna be great. You know, I have I have a I have a question for you because Okay. Here we go.

40:04 The president had his crypto crypto

40:07 summit,

40:08 which

40:09 in essence was meant to

40:12 tell everybody, hey, we need the the Clarity Act so we can finally, you know, get those stable coins out there so we can Yes. Tokenize The United States debt. But there was something in here and and I and I had had not heard this before and they heard it again just two days ago. It's it's at the end of hold on. Let me actually speed this up a little bit here. I'll pick pick it up here. China.

40:35 I never wanna underestimate China, but right now we're way ahead. President Xi is coming on September 24. We look forward to it. We'll probably be talking about AI and a lot of other things,

40:45 but we're doing tremendously well largely because of people and some other friends of ours that,

40:50 are on the board,

40:52 and, they'll be here in two weeks. Now listen to this. In May, chairman Selig authorized the first ever true Bitcoin perpetual futures contract on a CFTC

41:03 registered exchange first time. I understand that Mike is also working to bring hyper liquid into The United States in a fully compliant and legal fashion. So I heard

41:16 I'm like hyper liquid, what is this?

41:18 And I heard it again

41:20 just a couple days ago and so I take a look at it.

41:24 This and and I had to learn what perps were. Are you familiar with perps? I am I don't know perps. I mean, I know all about stable coins and Tether

41:32 USDC. I know that space. So perps is perpetuity.

41:36 So there's these exchanges.

41:39 Hyper liquid is I think run out of Singapore

41:42 by some Harvard kid.

41:45 And you can trade it's it's it's a bit like

41:50 what's the

41:52 gambling market sites?

41:54 Oh, like you're you're talking about Calshy and Polymarket. It's a bit like prediction markets, only

42:01 you're trading

42:02 futures

42:03 that never expire.

42:05 So and but there's there's $15,000,000,000

42:09 a day being traded on this hyper liquid

42:13 in oil Yes. Futures. No one gets delivery of the oil, either win or you lose, basically.

42:20 It's like sports gambling. You're gambling on the price of oil in the future. Yeah. But but it's because it's a $24.07

42:26 exchange,

42:27 it's setting the price.

42:30 That's why Trump wants it in The US, you know, regulated, which I doubt will ever happen, because they're setting the price and then, you know, when the when the markets open Monday morning, people are like, well, this is the price.

42:43 Yeah. This is a this is a very different world we're going into. I don't think people realize that these perps as they're called, this is a big deal that is just not well understood or being discussed.

42:55 Yeah. And the stable coins are the other kind of big part of the story. You know, they have always been offshore

43:01 and they would keep like Tether if you look into that company offshore,

43:06 very strange

43:08 holdings in it. They're supposed to hold dollar for dollar and what Trump did that was very smart,

43:13 you know, and I always try to give him credit for when he does something correctly,

43:17 the stablecoins

43:18 getting

43:19 those to be back dollar for dollar

43:22 with our treasuries,

43:24 that was genius. It's pure genius because now

43:28 he can say, hey, listen, Tether, if you wanna work in America,

43:33 instead of buying Chinese paper, they were buying Chinese real estate paper according to all these reports, they couldn't do an audit because

43:41 They would fail. They They would fail, basically.

43:45 Then they said, okay, well Circle,

43:48 run by Jeremy Allaire, who you probably have known through like three or four Internet companies

43:53 Yeah. What what was his previous company? I'm trying to remember the other two. There was one that was the video serving company and the one before that was Coal Fusion, web publisher. Yeah. Yeah. We're

44:03 going real old school Coal Fusion, the way that was right after

44:07 Front Page got bought by Microsoft.

44:10 Is back when Confusion. Wow. This is back when Adam was a billionaire for making websites for corporations. Yeah. Yeah. On paper. That didn't happen. On paper. Yeah. Can you imagine like people at that time were like, we'll give you $4,000,000

44:23 to build our website and now you can just talk to like No. And no. It was but with $75,000

44:28 a month in maintenance.

44:30 Yes. With the maintenance. Yes. We're gonna keep your server up and running. The HTML is gonna be so crisp. Will give you a server a server log

44:37 and we'll calculate the hits and we'll tell you you're doing great. Absolutely. Yeah. You're doing yes. Big pat on the back. It's gonna change everything. And it did change everything, but now you can get Squarespace or you can do it with Wix. A clock code. Wix. Yeah.

44:49 Wix. You owe for $6 a month, the same website. Better website, arguably. And so

44:55 this stable coin is now making people buy treasuries

44:58 dollar for dollar,

45:00 and that is just such a master stroke But that's and that's all part of this. And that's and that's what this

45:06 long term paper buying is all about because Bess takes

45:10 the the thirty years the market and then he's he's putting these t bills up which for Wall Street are cash ninety days And that and who's gonna buy that? It's gonna be those guys.

45:20 Yeah. It's gonna be Tether and Circle.

45:22 Yeah. And so it's just another way to kick the can down the road with our Oh, yeah. It's for our great With our debt. Yeah. Oh, no. No. It's it's not gonna work long term but for now it's a pretty good idea. What what other choice do we Well, of course, there's the tariffs and this is

45:38 the president has such a hard on

45:41 for the He loves tariffs.

45:43 And and it's it's interesting because you know, he had those initial tariffs where he cut, you know, under some emergency

45:49 declaration

45:50 thing. But he's pulling out tariffs that have been on the books since 1929,

45:56 1940,

45:58 eighteen nineties,

46:00 all perfectly legal

46:02 and and and with good reason. He truly believes, and this is best in two, that with tariffs

46:08 they can grow,

46:10 we can grow our way out of our debt and we won't even and we won't even pay income tax anymore. So it's a great idea

46:17 and this is Poorly executed.

46:19 And that's the problem. Well, this is this is what the deal with Canada.

46:23 Cause I was trying to figure out what is the problem, you know. The I actually have a

46:28 what's her name?

46:29 The the woman who who

46:32 is now the adviser to Ukraine.

46:35 But I caught this clip from I don't know where it was from. But this is this explains

46:41 why,

46:42 you know, the the final straw that broke the camel's back with the Canada trade deal. And now we're going to really squeeze the IRGC here and cut cut the blood flow off to the tumor. Well, as we've seen in Sub Sahara Africa, all it takes is some warlords

46:57 with a little money just to keep the chaos

47:00 going. In the meantime, you have president Trump

47:03 suggesting

47:04 that reportedly,

47:05 he may do another round of tariffs on China up to seven and a half percent all ahead of Xi Jinping's

47:11 meeting.

47:12 How crucial is this meeting? And and especially given the fact that we just saw trade talks with Canada,

47:18 high level,

47:19 didn't go anywhere. In fact, it made things worse, not better.

47:23 Yeah. Look. On Canada, Canada just wants to keep its right to transship China Chinese goods into America. They make a lot of money on those transshipments.

47:31 So Canada's gotta get its act together. There it is. Canada Canada was just passing, you know, like, we'll take the stuff and you won't have to pay any tariffs because we got low tariffs with America, and we'll just sell that stuff in through us. That's what was going on.

47:45 Yeah. He he had the right idea,

47:48 but the chaotic execution of the tariffs then led to them being, you know, some portion of them being overturned, it's kind of like the immigration stuff, not to pivot the discussion, but you know, closing the border, everybody wanted that, chasing people down the streets, you know, with masked men with no badges, people didn't want that, you have to execute these things correctly,

48:09 and that's always the challenge with Trump is like the chaotic execution or having people who are just not qualified or not good at executing. Right? You hire somebody for Yeah. But hold on. The loyalty But hold and they're not good at executing. They close the border perfectly. He's But he's You gotta do the other pieces. He's working on the marketing.

48:25 He's working on making it not just about brown people.

48:29 And good evening. We begin with that breaking news late today. The Department of Homeland Security arresting right wing commentator Milo Yiannopoulos.

48:37 This was so awesome. Oh, so great. This is so classic. 41 year old and early supporter of president Trump's 2016 campaign is now in ICE custody.

48:46 DHS releasing this photo of him and that quote calling him an illegal alien who chose to overstay his welcome. Yiannopoulos,

48:55 who has backed president Trump's broader immigration crackdown,

48:58 also recently broke with the president posting on x that Trump had, quote, lost his way.

49:03 Chief White House correspondent Anyway, I just thought that was I thought that was was funny. Chilling. That was on my dog as well. I knew Milo

49:10 Yiannopoulos,

49:11 because we're both Greek, Galicanus Yiannopoulos,

49:14 when he was

49:15 a legit

49:16 journalist in The UK and he got into the blogging thing. He saw what I was doing at Weblogs Inc, he saw what Yeah. Didn't he know what doing? A tech blog or something?

49:25 Yeah, and he started his own little blog network, hired a couple of our bloggers, then didn't pay them according to them, who knows, this was twenty years ago, but then he comes and he does this whole Trump thing, he calls the Trump

49:36 win early, he got on that train early,

49:39 but then he's been for the last couple of years just talking about like,

49:43 that he wants to masturbate to people being, you know, deported,

49:47 and then they literally pick him up at the airport. But I've got to be honest, you know, I

49:54 have a nuanced

49:55 view of immigration. Number one, you've to close the border. Okay, think we all agree on that, not nuanced there, 90% agreement.

50:02 I think you've to have a path for amnesty for people who've been here for twenty years,

50:06 frankly we wave them in to get cheap labor and it's not their fault and we use them for twenty years, but then there's this other piece which is

50:13 just people cheating, and Milo is basically cheating and if he's

50:17 cheating and he's here and it's

50:19 an expired visa, whatever it is,

50:22 and they pick you up at the airport, well number one, you went to the airport with an expired visa,

50:27 you're supposed to get picked up and kicked out. If you go to Japan, if you go to Saudi, if you go to Dubai, you go to any of these places, London,

50:35 I think today, not previously, and you have an expired visa, there's no discussion. You get back on the plane, they send you home. That's how it's supposed to work, and you have to do this properly, again execution matters,

50:48 so that you can actually recruit

50:51 the top talent around the world

50:53 to come become Americans. If you can get the top talent here,

50:57 every time we recruit

50:59 somebody

51:00 on the level of

51:02 a

51:03 CEO,

51:04 an incredible talent, the other country loses them, and then those people pay massive taxes, they create tons of jobs, but the H1B visa and Milo overstaying his welcome, that's the abuse of the system that I saw first hand,

51:18 and it's so abusive that then it makes every American think, okay, we just gotta be like,

51:23 shut off every type of immigration, and you actually want to keep the scientists who come here to get their Ph. D. S, not send them home, you want to keep them here, have them start families here, and force them to assimilate

51:35 and become part of the melting pot. That's the best strategy, but Trump can't do that because everybody thinks it's chaotic.

51:41 I was actually glad to see

51:43 Milo get picked up because he's breaking the rules, and and there's other people who are not breaking the rules, and that's profoundly unfair. So when are you going into politics, Jay Kyle? That's the only thing you haven't done yet, brother. You gotta go Here's

51:56 so I think this was Joe Kernan on CNBC.

51:59 I hope this is the clip because he was he was He's hilarious. Oh, he's I love that guy. In the So

52:05 he has

52:06 Crissia Freeland on who

52:09 she was the finance minister. She was wasn't she the lady that was,

52:13 arresting the truckers?

52:15 Taking their Bitcoin away and closing their bank accounts. So Yeah. So she's now an unpaid consultant to Ukraine. Canada's retaliatory tariffs on The US are set to take effect on September 8. Joining us now, Christian Freeland, our old friend, Canada's former,

52:30 deputy prime minister and minister of finance. She's currently,

52:33 the CEO of the Rhodes Trust. And this October, she's out with a new book, Unreliable Boyfriend, An Insider's View of dealing with a chaotic superpower, plutocrats,

52:44 and other complicated,

52:45 of the the Canadian economy,

52:48 too, and and China and and everything else. But do you know

52:51 what happened when the talks broke down? Because president Trump seemed

52:55 to sort of admit

52:57 that he made some last minute demands that that kinda scuttled the deal. Do you do you know what actually went on?

53:05 I think

53:06 great to be with you, Joe. And Yeah. I think that prime minister Carney has been really clear about what happened. You

53:14 know, as he put it,

53:16 The US asked too much

53:18 and gave too little.

53:21 And he said that at the last minute,

53:23 extreme demands

53:25 emerged

53:26 touching on Canadian sovereignty,

53:29 touching on cultural protection,

53:31 which is important in general and particularly important

53:35 for Quebec and for Francophone Canadians.

53:39 So and, you know, the thing That's the part I didn't really understand. You know, I heard this Yeah. Mention what what did he say? Like, y'all gotta speak English or what what was the problem with the French? Trump is a stand up comic, he's like, he's he's up there with Chappell, he knows how to break balls,

53:54 like better than anybody,

53:56 and he's like, yeah, you know, we'll just take,

53:59 you know, one of your provinces, we'll make it part of The United States.

54:03 I think the

54:05 expansionism

54:06 of The United States is actually, again, back to like execution

54:10 and ideas, it's actually one of his great ideas. If Venezuela

54:15 became part of The United States, sounds crazy,

54:17 Puerto Rico, Cuba,

54:19 Greenland, whatever they are, if people want to join The US, if we in fact do have the best system, why shouldn't we be inviting people to join in and get a fifty first, fifty second statement here? Obviously it's super polarizing and complicated,

54:30 but I like when he's in that mode,

54:33 but I don't know what his goal is with Canada here, if he's just

54:37 trolling them and he's doing it for

54:40 the lulls, it feels like he's just breaking their chops and it's entertaining for him. Well well, so had some more stuff to say here, which I thought Touching was

54:48 on cultural protection,

54:50 which is important

54:51 in general and particularly important for

54:54 Quebec and for Francophone Canadians.

54:57 So and, you know, the thing I really wanna say, Joe, is there are so many problems in the world.

55:03 China is a real problem.

55:05 I'm just back from Ukraine late last night. Russia is a huge problem.

55:10 Iran is a huge problem.

55:13 At a time when dictatorships

55:15 are on the march,

55:17 it is absolutely

55:19 nuts

55:20 for The United States to be picking a fight with a country that has always been its really good friend. And Yeah. We currently have a trade deal that Canada negotiated. I was the lead negotiator with Donald Trump himself.

55:35 I think this is the last thing America needs. It's the last thing the world needs, and I think it's a real shame. Now listen to this because what Kernan's about to say here, it's really the last thing Canada needs.

55:45 GDP

55:46 growth in Canada over the last ten years, you're dead last, basically, with OECD countries. You're at point 5%.

55:54 United

55:55 States was 20.7%.

55:57 I think we we can look at this.

55:59 I mean, dead last and it's not just the last ten years.

56:03 The OECD

56:04 is is

56:05 it's not gonna get any better. It's gonna get much worse between 2020 and 2030. You're dead last, projected to be out of the OECD's

56:14 38 members

56:15 tied with Italy at 46%

56:17 below the OECD average,

56:19 and then the next thirty years after that, dead last again.

56:23 What what went wrong? I mean, you you know the inner workings of of Canada. Is it, you know, is it regulation? Is it permitting? Is it high taxes?

56:33 Is it the Canadian people deserve to have a better standard of living. It shouldn't be going down over a ten year period.

56:39 So basic. Joe, I just before answering that question which I wanna do, I just wanna pick up on something you said about China. Yeah. Okay. So she's just gonna distract from the question.

56:48 But then there's, you know, these tariffs, you know, the president is all he's like, he loves McKinley.

56:54 President McKinley,

56:55 he was the man, he understood tariffs,

56:58 he got I think he got shot, assassinated,

57:01 but he's McKinley, McKinley, McKinley. And then I find this little ditty of a clip, which when I hear this, like, holy crap.

57:09 Trump is is just replaying

57:11 an old playbook.

57:12 There's been a sort of slow, steady deterioration of relations between Canada and The United States. And what a week has gone by in bilateral

57:20 relations. This guy's a loser. He's gonna be a loser. Changing

57:23 the name of Lake Ontario

57:25 effective immediately to Lake

57:28 America. I don't feel that he is the right person for the job. This is a man on the street. This is from, I think, Global News. So typical, you know, very easy to pull these clips and only, you know, slant it one way. But then they come in with a bit of history about McKinney. As far as president goes It's disappointing,

57:46 actually,

57:47 you know, because it it didn't used to be that way.

57:50 It's and it's changed. Well, we've had tough times with The United States before. Obviously, they have invaded us twice, but we're talking, you know, over two hundred years in the past. So we're not at that. But as with so much in life and politics,

58:02 history can tend to repeat itself. Probably the best example

58:06 would be in 1890

58:07 when the McKinley tariffs came in. So these were as high as 50%.

58:12 So very similar to what we're seeing now because they wanted to annex Canada

58:16 and make it the forty fifth state. Where have I heard that before? He's running the McKinley playbook. Those tariffs sent prices sky high in The States while Canada

58:24 sought other trading partners.

58:27 Then US tariffs happened again in 1930,

58:30 and they worsened effects of the Great Depression for both sides. Yeah. The timing is very critical when you wanna do these tariffs.

58:38 And, you know, the it might be that the timing is the worst possible case.

58:43 And this is where we get into your wheelhouse because I I really enjoy the all in pod. Think I I can't believe I I can't believe I called it that because I hate the word pod and I think it should be banned.

58:56 And you guys say it all the time on the pod on the pod on the pod. Pod. Yes. It's colloquialism.

59:02 It's a podcast.

59:04 But you're you're really on yeah. You're on first of all, you're big fans of

59:10 of artificial

59:11 intelligence.

59:12 But I think you're calling it correctly

59:14 with what

59:16 Anthropic and OpenAI are trying to do by,

59:20 you know, basically,

59:22 psyoping

59:23 dumb government

59:25 people. Yes. And regulatory capture. Yeah. Into this so that we can't run our open, you know, our our open source models anymore because, oh, it might be dangerous and it might get loose and it might attack somebody.

59:38 Yeah. The about two years ago on the pod, I said, I think there's chance On the on the pod coming at you everybody. Adam Curry on board. Pod.

59:47 Oh god. I'm gonna you're making me break into my my Adam Curry person. That's okay. You go stuck in it. If I get if I get stuck in it, I can't get out. I'm just letting you know. Fair warning. That's that's okay, Jason. I can do you. No problem. You can give me the lick. I can take out of cursing in the morning. Alright.

1:00:01 Coming at you. It's Adam Curry. I was on the plane to Moscow. Yeah.

1:00:06 He's coming at you. There was so much cocaine from the pilot all the way to the map. Never never never on the way. Never doing the cocaine in the MTV. VJ Days collection.

1:00:18 No. She there's a problem with. He

1:00:22 thinks she's got a good impersonation of us. Nah.

1:00:25 That was my head with G. Robinson of

1:00:28 JZDRIP.

1:00:30 But here's the thing, the I said like two years ago, think open source could run away with this because

1:00:36 I had gotten

1:00:38 some of these early open source models, and I ran them locally, it's not that hard to do, and it's got easier and easier and easier,

1:00:45 and once you start experiencing it local on your machine, you start getting a

1:00:50 128 gigs, 256 gigs on a Mac studio, whatever it is, you realize I can become unmetered.

1:00:58 Unmetered, it's the same experience you and I had when you got an ISD inline or a T1.

1:01:03 You went from paying,

1:01:05 no more dial up, no $3 an hour, no $5 an hour, where you're watching the clock.

1:01:09 When you are not watching the meter,

1:01:12 your behaviour changes, and then you start really using these tools. And then I realized,

1:01:18 got a harness, I started playing with Ermes, Open Claw, all these different harnesses,

1:01:21 etc, and

1:01:23 somebody sent me like a BitTensor

1:01:26 API key for them running

1:01:30 ZAI's

1:01:31 GLM 5.2, and they said here Jake Al, this is running across like a network of almost like Bitcoin

1:01:37 servers,

1:01:38 and I just had it running jobs doing research for the pods and everything, blah blah blah, sorry podcast, put a nickel in the jar. So

1:01:46 I was like wait a second,

1:01:48 you can control your destiny, you don't have to take all of your intelligence from your business, your life, and give it to Anthropic, and give it to Sam Waldman, and give it to Dario,

1:01:58 there's like two reasons to move

1:02:01 to local, to move to open source. One,

1:02:03 AI sovereignty.

1:02:05 They're taking all your knowledge and reinforcement learning it into their system, even though they say they're not, it's BS. They're taking the outputs, they're testing it, I don't believe them, nor should you. And the same thing now,

1:02:18 if you can start using these open source models

1:02:20 and they were

1:02:22 what would you say, eighteen months, twelve months behind the frontier models? None, Now they're free? Yeah, Now they're free I think. Months maybe. Okay,

1:02:30 And so you and I know this, six months behind means

1:02:34 I would say right now 90% of the work I do can be done by open source and the last 10%

1:02:39 that I would use Fable for are one of these things, okay sure, maybe I'll do it if I absolutely have to,

1:02:44 but you can just get yourself completely off of this and this is where those two companies specifically, when they go public,

1:02:50 I've been talking to some of their customers,

1:02:53 I had like eleven Labs,

1:02:55 I interviewed the CEO of eleven Labs. I got off of eleven labs, I was paying $300

1:02:59 a month and now I'm running at home unmetered for free.

1:03:03 Exactly. So now you're unmetered, it's free, and then they were looking at their business going, the reason they have to charge you 300 is because they were giving, you know, $2.50 of it to

1:03:12 Claude,

1:03:13 know, Anthropic So or

1:03:15 what they started doing is

1:03:17 11 labs,

1:03:19 some of these legal

1:03:20 companies, Ligora I think is the name of it,

1:03:23 and

1:03:24 what's the other one, Lovable, which is like, you know, vibe coding kind of software for people who are not developers.

1:03:30 Those companies are now forking open source and

1:03:34 then building their own verticalized models, so you're going to hear about verticalized

1:03:39 SLMs,

1:03:40 verticalized small language models.

1:03:42 Just models that can run on your laptop,

1:03:45 you get these new MacBooks, you get these ones with 1 128, you get a Mac Studio with two fifty six, you spend $67,000

1:03:51 which is by the way half of what we used to spend in the 80s on computers, you know, if you were to to to

1:03:56 adjust them for inflation.

1:03:58 And then these VSMLs

1:04:00 are gonna be so powerful and free.

1:04:02 It'll run on It'll my

1:04:04 run on my watch, Jason. It's just a bit of my wristwatch.

1:04:07 It's it's a joke but this is I think the new CEO of Apple

1:04:12 No. He's figured it out with But let let me let me me before we go down because I don't wanna be too technical. Down the rabbit hole. Okay.

1:04:18 So the here's the problem.

1:04:20 Okay.

1:04:21 In every corporate I have a lot of dude named Ben friends

1:04:26 through the show, but some of them are actual friend friends.

1:04:29 And, you know, they do IT, they do support, they even desktop support.

1:04:34 And they are they are at at vomit scale

1:04:39 of people coming up to them and saying,

1:04:42 hey,

1:04:43 can't I just throw this into

1:04:46 fill in the blank, chat GPT,

1:04:48 etcetera, etcetera. And hey, how come my spreadsheet didn't output all the right numbers?

1:04:53 There is such a lack of knowledge

1:04:56 about what these chatbots are versus what we're talking about right now.

1:05:01 Yeah. It it is and and and add to that, this is the whole it's so crazy

1:05:07 what is happening where you've got the marketing of these money burning companies

1:05:13 saying, oh, it's so dangerous. We can't give it to you. We need regulation, it's so dangerous, which is clearly, you know, just to put a moat around their stuff.

1:05:21 And that people are hating it. They hate their stuff.

1:05:24 It's

1:05:25 like, I don't even see how this moves forward at this point except with, you know, it's somehow everything just got to burn down to the ground because it's not it's not working. It's it's absolutely

1:05:38 not working except for burning up money.

1:05:42 And then on top of all that, and maybe you can confirm this is true,

1:05:45 that NVIDIA are they really buying Hugging Face?

1:05:49 Yeah. They're buying Hugging Face. They also So they do the deal with the full stack, so they don't need any anybody else.

1:05:55 Correct. Here's what's gonna happen. So

1:05:58 I can give you the inside baseballs. Sam Altman

1:06:01 did this deal with Nvidia, right, and Nvidia was input Do you know him personally? He seems like a real like a real Okay.

1:06:08 I I know Sam for when he was doing his first startup looped, which was like a mobile local

1:06:14 thing,

1:06:15 which was kind of like force where you check into places. And then I knew him because we were both scouts for the same venture capital firm Sequoia Capital,

1:06:23 and I've known him for a long time. He is the deal maker's deal maker, he's the only person who ever screwed Elon Musk, he's the only person who ever got over on him by getting him to donate 50,000,000

1:06:33 some to form

1:06:34 who

1:06:35 would disagree with you, but okay. Well, I mean I digress. Everybody goes through divorces

1:06:40 I I think

1:06:42 think I got well yeah, I mean you may have. Cost him a little bit more with Sam Waltman divorce. Sam

1:06:49 is just a

1:06:51 a Bill Gates or Zuckerberg type entrepreneur,

1:06:53 in other words he has no problem screwing a partner to get ahead,

1:06:56 that's what they've done,

1:06:58 and the great irony of open source is when open source came out in the early two thousand's, started to hit enterprises,

1:07:05 everybody said well the enterprises will never trust this because it's not controlled by anybody,

1:07:09 and it's not supported.

1:07:12 And then magically,

1:07:13 people emerged who would support it for you, host it for you,

1:07:16 and they would

1:07:19 report, enterprises would say, actually we don't want to be locked into Oracle, we don't want to be locked into Microsoft,

1:07:24 we want to have some freedom here, so that's actually a better way to do it, is to use an open source and pair it with some support.

1:07:31 They also bought this

1:07:33 poolside,

1:07:35 acquired them at Nvidia.

1:07:37 What they're gonna do, you're exactly correct, they're gonna put a bunch of Nvidia compute on a rack, they're gonna roll it into your

1:07:43 facility and say here's your AI open source, pick whichever platform you want, we've got Nemotron,

1:07:49 we've got this one, we've that one. Nemotron.

1:07:52 That's what they call theirs, it's like finding Nemotron.

1:07:55 But

1:07:56 they're going all in on it, and now they're going to compete with those two frontier models. Good. The truth is Good. You you use it for software and it's pretty dynamite for building software and building systems and so If only

1:08:09 if

1:08:10 only if you know what the outcome is supposed to be.

1:08:14 Yes. You still have to be a systems thinker. Yeah. Yeah. You do. Now, let me just show you what our pop this get back to some media deconstruction here.

1:08:22 Of course. To our to our politicians,

1:08:25 this is

1:08:27 Ed Markey. I think this was a

1:08:30 a primary debate.

1:08:31 This is the level that our politicians are speaking at. Senator Markey, do you personally use AI platforms like Claude or ChatGPT in New York?

1:08:41 I use whatever is inside of my iPhone, to my iPad, whatever comes up. What? Whatever's on my iPhone? I don't know what I don't know. What companies

1:08:50 economics. My iPad might be using.

1:08:52 But if it if it does, in fact, provide me with the information which,

1:08:57 which

1:08:58 I He doesn't know how to answer the question. No. He doesn't. No. I'm asking the device in the headlights. And, of course, I'm using The headlights. Congressman Nolan? Yes.

1:09:08 I I use AI. We're very careful

1:09:11 about how to use it, to use it honestly,

1:09:14 to use it effectively. But these are tools that can help, but they're also tools that need protections.

1:09:20 And with all due respect, Senator, if you don't even know what you're using on your phone or your iPad, like, this is why we need a new generation of leaders Yeah. To regulate these technologies,

1:09:29 to make sure that they are safe. Right. They are safe for families. That's what I'm saying here, j k. Here comes the regulation.

1:09:35 Oh, yeah. Well, then listen Got a control of the Internet. Siri.

1:09:40 Ours is called Claude.

1:09:41 It doesn't make any difference. We need to put we need to put safeguards we need to build safeguards

1:09:47 around Safeguards.

1:09:48 Safeguards.

1:09:49 And that is what my legislation

1:09:52 is accomplishing. And again, on this issue, like so From many others

1:09:57 yourself. Congressman Molten is making up his record and his concerns right now. I have been the leader on these issues. The leader. On AI Quick. Because we absolutely cannot have a twenty first century without the safeguards

1:10:10 which families need and not

1:10:12 is the same Families. Children next. Get ready. Ding ding ding. My children And I

1:10:18 I I in no way will allow

1:10:20 congressman Molten to in to denigrate the work that I have done for year after year to protect kids, to protect families in our country. Ring the bell. Respect. How are we going to effectively regulate and keep big tech accountable if you can't even tell the difference between big tech programs, which do take very different approaches to privacy and safety? Safety. We had a But this guy doesn't know what he's talking about either.

1:10:43 Out of business and the good ones are actually creating jobs and making Jobs. Cures for cancer and other things for Cures our

1:10:50 for cancer.

1:10:51 Jobs jobs jobs, read Hillary. You

1:10:54 are tired Adam. Where's the ding ding ding bell? Where's the jobs karma

1:11:00 for Hillary? Jobs jobs jobs. Think of children. Yeah, I know. Think of the children. I mean this is where they go. Politicians, if they are scared by something that's empowering people to be free, whether it's you being able to control your ranch, your water, your energy,

1:11:15 you know, second amendment, whatever it is here in Texas, you know, that we protect for your personal freedoms and not being reliant on the government, they're going to try to take it from you. They try to take the Internet from you, your anonymity, your privacy,

1:11:26 they're going to try to take AI away from you, and they're going to try to ban you from having your own AI on your laptop, because it's disruptive and it's scary to them. They want to control it, and anytime the government controls something, the price goes up, and it sucks. They kill it. This is what they want to do with the Internet, like the Internet was super disruptive because they couldn't control it,

1:11:47 they want us to put our,

1:11:50 social security numbers in now, they want to

1:11:53 protect the children, okay reasonable, we want to protect kids, we got it, but they want the anonymous internet and you to be tracked

1:12:02 on the Internet and they want to track and control AI.

1:12:06 And the truth is AI

1:12:07 is a tool and it makes you superhuman if you know how to use it. You become

1:12:12 you can get three, four, five, 6x as much work done if you know how to use these tools. I agree. I agree. I It's as simple as that. My

1:12:20 clips are cut by by my my model.

1:12:24 100%. Today, I was doing the three by three

1:12:28 No. Took It you forever. It was very slow. I I very disappointed. It's my first time. Come on. Did

1:12:33 I do as well as JCD naming them at least? I Oh, no. Naming convention.

1:12:39 I've heard you admonished JCV for a decade. Miss that. I do I do miss his misspellings.

1:12:44 Those ever good. And just I just picked the second one. The second one. Come on. I don't see?

1:12:50 Now everybody wants to know Yeah. Just to be a little light hearted here. I'm very serious. Everybody wants to know, where did the impersonation

1:12:58 of John C. Dvorak came from? It came from Edward G Robinson. I used to watch these, like, old films, play the clips. Is that true? Is that true? That's where I well, I was like John is a curmudgeon, who else is a curmudgeon? Who's always talking like, oh, shit, I'm pissed off for whatever reason about everything?

1:13:15 And so I just was like, yeah, Edward G Robinson was the guy who played all the gangsters, Little Caesar, all these kind of movies,

1:13:23 and he would be the guy who would say as a gangster, Shane, Shane,

1:13:27 and when I started doing that on

1:13:30 This Week in Tech,

1:13:33 Leo Laporte would just be like, oh, good. Please don't torture John. And I would be sometimes on with him, and then I would just lean into it, and it pissed John off. Let me listen. Let me which one do want me to play? Which one? The little Play the Edward g Robinson, she from Little Caesar. She? His name Crackpot. Yes. Yeah. See?

1:13:51 Arnie,

1:13:53 you ought to have better sense than to hire a couple of outside yaps.

1:13:56 Shane? Especially bad shots.

1:13:59 Come on, what if he let's have it.

1:14:03 Arnie?

1:14:05 You're

1:14:06 through. You're through. Shane? My goodness. Now you're through. If you ain't have your time, I'd I really rather didn't know it came from there. I won't never leave it That's where hey. And John, to his credit, immediately said,

1:14:18 Shane, it's a terrible imitation, Jay Kyle, because what you're doing is Edward G. Roberts and I can see through it.

1:14:24 I

1:14:25 had seen Chappelle in his early years,

1:14:28 it all just like hit me, like John

1:14:30 is like some

1:14:31 gangster who just breaks people's balls about their latest product, tells them it's terrible,

1:14:36 and you pointed this out when you went to his

1:14:41 funeral or memorial, whatever it was, that he kind of pushed the world to get better,

1:14:46 and so this is I had seen,

1:14:49 I was just thinking back to it, like when I would do This Week in Tech,

1:14:53 and I was always like, wow man, someday I'm gonna be on This Week in Tech with, you know, you, or Dvorak or whoever or Leo, and I I I got to come on a couple times.

1:15:04 But I'd seen Chappelle doing a send up to it, you can play this Chappelle clip of him doing Edward g Robinson. Sometimes I talk crazy just to make myself feel better. You all do that? You start talking like crazy. Have you ever heard this voice? Bam.

1:15:17 Bam.

1:15:18 That's that's how bad guys used to talk in the forties.

1:15:22 In the old days. See, I used I talked like that. Not all the time, but if somebody put the pressure on me, fuck it. I gotta I gotta cut loose.

1:15:30 And the police pull me over, I talk crazy.

1:15:34 Son, son,

1:15:36 do you know why we pulled you over?

1:15:39 Nah. Because I'm black. See? That's right. Right. Bang.

1:15:43 Bang.

1:15:45 That was the

1:15:47 It's not Sean was brutal to me back.

1:15:50 How they know I don't talk Stop like that every

1:15:52 talking like that. Stop talking like white cabber.

1:15:56 That's a good point. So I would be doing it to him and then he would get me because I

1:16:01 at times maybe I have a little bit of a list, you know Oh, you've gotten you've gotten rid of that. It's Okay. Well, but in the early days, I was nervous on air and he would go, yeah. She's

1:16:11 be on just me.

1:16:16 He's going bald. I'm like, brother, you're talking about me going bald. John, you've

1:16:20 had a coma over since 1987.

1:16:23 Come on.

1:16:24 It's so great. But when you guys were breaking my chops on the show, I always loved it. I always loved it. I hit rewind. Let me hear it one more time. I just you know, I miss J. C. D. He was so great. Such a such a classic. You and me both, brother. Yeah. Yeah.

1:16:37 Let's talk about this

1:16:39 because I think, again, the media is so so poorly informed and they're just lapping everything up. The the Meta lawsuit

1:16:47 Yes. Which was settled. Here's a clip. Now

1:16:50 30 US states brought the case against Meta and said that it had misled the public about the harms that its platforms Instagram and Facebook posed to younger users.

1:17:00 We were only in week two of the trial when news of the settlement dropped on Wednesday, and so Meta has agreed with the states to pay up to $18,000,000,000

1:17:09 in damages.

1:17:10 Now, what's really interesting about the case, though, is that Meta has said it will only pay 70%

1:17:16 of that settlement. So that's, $12,700,000,000.

1:17:20 Now the remaining 30%, $5,300,000,000,

1:17:23 they said they'll only release it on the condition that its rivals YouTube and TikTok also make changes to its platform to their platforms.

1:17:31 Now Meta has said,

1:17:33 that some of the key changes they'll be making include

1:17:36 a two hour daily usage limit, nighttime blocks, ability to turn off auto playing content, disabling extreme makeup filters,

1:17:45 and this is all for users under the age of 18.

1:17:49 But overall, the state attorney generals are calling this one of the largest consumer

1:17:53 settlement cases in history,

1:17:55 and so the impacts will be far reaching. So this what I think they're all missing because, you know, they they go through this list of concessions they're gonna make for the children.

1:18:05 This can only lead to

1:18:07 a digital ID that you'll have to identify

1:18:10 yourself to be on the platforms

1:18:13 and and that's ultimately

1:18:15 I think what every these all these guys love. They all want that. Not the tech companies but the a g's and the politicians,

1:18:22 they they wanna get rid of anonymity.

1:18:25 Yes. Because you can't criticize them or you can't leak documents about them and their crimes, etcetera,

1:18:31 online

1:18:32 and they would love love to get rid of encryption

1:18:35 and they would love to get rid of anonymity

1:18:38 and they've done a great job of it already, mean they can follow you around, you have to take really

1:18:44 acute

1:18:45 steps to maintain your privacy, it is still possible,

1:18:49 but this is very reminiscent

1:18:52 of what happened with the tobacco company, so two things can be true at the The same politicians

1:18:57 really want to control social media because they don't want criticism, they want to track you down if you leak a document,

1:19:03 etc. On the other side,

1:19:06 Instagram knew

1:19:08 for many years that this stuff was super addicting, that kids really be on it. They engineered it that way. Exactly. They literally, when I came into the industry and started investing, which was about twelve years ago, there was something called gamification,

1:19:21 and all the video game people had studied levels, like you know, when you're in martial arts you go up levels, if you're in Scientology they have levels,

1:19:29 you pay, you get to the next level, yada yada, and

1:19:32 all those devices and mechanisms,

1:19:35 my friend who created FarmValue,

1:19:38 Mark Pincus,

1:19:39 had started all those. Wait, that's the guy who later did

1:19:42 what did Pin did is Pinterest his as well? No.

1:19:46 Pink Pink is in Zynga, which was Farmville Zynga, which was named after his dog, had a wonderful dog named Zynga, he used play with my dog. Anyways, a good friend of mine, he studied this stuff over and over again, then Zuckerberg studied it and they just said how do you get people addicted?

1:20:02 Well, very easy, you know, if you see the number of likes and I have more likes than you and we're both 12 year old girls,

1:20:09 you know, it's just gonna turn into a little bit of a slot machine, a race,

1:20:14 so they knew that,

1:20:16 and they didn't do anything about it, and then they knew, hey, we've to get them addicted from somewhere between 10 years old and 14 years old, and if we do that, we'll have them for life, they'll never give up their account. So then it became a generational

1:20:28 chase to do that, and then you have things happen like adults

1:20:33 who are addicted to these social networks, so

1:20:37 you know, things true at the same time, the government wants to get everybody to sign up, use their social security number, and then track you, and track everything you do, and who you follow,

1:20:47 and then at the same time, guys knew, they got caught with their hand in the cookie jar, Here's the here's the good news for them, it's like one percent or it's like 10% of their cash on hand and it's like 1% of their market cap or So

1:20:58 this is like,

1:20:59 some judge is like, oh my god, got 16,000,000,000 is the biggest thing ever and it's like, bro, you paying attention to how much this company is worth? This is giving

1:21:07 you or I a $2 speeding ticket for going a 150 miles an hour. Meanwhile,

1:21:12 the true addicts are are adults.

1:21:15 Yes. Adults sure. Are That's I mean, it's it is I'm addicted. It it is like I'm not.

1:21:21 I am I'm

1:21:22 am No.

1:21:24 How'd you get off? Did you did you were you were you addicted for a bit? Never.

1:21:28 Never. Never. Now, I can slip into it. I can slip into it.

1:21:33 Let let's say,

1:21:35 it doesn't happen often,

1:21:36 but I'll just I'll just sit on the couch and I and I go through my here's how it happens.

1:21:43 I I only look at x for my mentions because that's where people tag me. There's a story, something going on.

1:21:50 Increasingly, it's just like, you suck. You know, there's a lot of that. You know, you know, just stop the show. It's not the same. Yes.

1:21:58 This guy was, you know, whatever. But then there'll be a video and I'll watch the video and I'm looking at the video and then the video's over and it goes to the next video.

1:22:08 And then I'm like, how much time do I have? And, you know, and then before I know it, it's fifteen minutes and then I realize, okay, that now I see what's happening because now I'm, you know, into

1:22:17 sovereign citizens refusing to show their driver's license.

1:22:21 Yes. And

1:22:23 And new mosques being put up in hill country. All

1:22:27 of that. But, you know, but so I recognize that but no, I'm not. But I see

1:22:32 everybody around me is, every everybody.

1:22:36 And it is it is the the poorest way to get information.

1:22:41 The worst. Every link to a story is a paywall, so you only read the headline in one paragraph.

1:22:48 Worse people how

1:22:50 do you get to my crawl? Fake accounts. When oh, okay. But when people

1:22:54 screenshot

1:22:55 something and like, what good is that to me? I can't even go and find the story if I wanted to. So every And then it's extrapolations

1:23:03 of people giving you their version of it. You know, there's no real research being done. It's junk. It's just junk.

1:23:11 Which I think has Slop. Always been it's slop. Well, there's a lot of there's a lot of slop now. But I think that was always kind of the success of of what John and I were doing is, you know, we would dive into it. No, not not all the time because it's it's hard to get that nugget and figure it out, but I would go and read. I read the documents, man. I I know their agenda. I know I know exactly what the globalists are doing. Yeah. You know, so and and it's and it's it's often quite

1:23:40 for instance, okay. So

1:23:42 this beef thing,

1:23:44 there's a couple of things and and I and I'm I'm like,

1:23:48 cause you know, I talked to Texas Slim and I've been looking

1:23:52 at

1:23:53 cattle and ranching and beef for

1:23:56 going on five years.

1:23:58 And so the first thing

1:24:00 is

1:24:01 the president comes out and says, okay,

1:24:04 300,000

1:24:07 metric tons

1:24:09 metric Time

1:24:10 2,000

1:24:11 That would be US tons, have metric tons

1:24:14 of ground beef. Now Ground beef from where? Well,

1:24:19 thank you. First of all,

1:24:21 that would be if you cut up every piece of the cow,

1:24:24 that would be 1,200,000

1:24:26 cows.

1:24:27 Okay. Okay. It's a lot of cows. This is a controversial move, but despite all of that outrage from Republicans and ranchers across the country, the president is moving forward with this, suspending tariffs

1:24:38 on ground beef imports for about ninety days until after the midterm elections.

1:24:43 Is This all in an effort to lower prices for the American family, but, of course, this set off a firestorm of criticism, especially in the Republican Party. So senator John Barrasso,

1:24:53 the number two Republican in the Senate, said Americans want US beef on the table, not foreign import. Senator Tom Cotton of Arkansas called this action ill advised. Others in very competitive senate races, like congresswoman Ashley Henson, say that this is just a flat out bad idea. Now notably, the administration is not saying where this beef is coming from. The president did not identify any countries in his proclamation and notably the agriculture secretary

1:25:17 whose job it is to oversee farming and food safety said that she wasn't privy to that information. Yeah. Because there is no deal, there's no contract, but

1:25:26 the cattle futures

1:25:28 tanked right away.

1:25:30 Perfect. So the president got this all midterms.

1:25:33 Affordability.

1:25:34 Oh, okay. You're it's cheaper now. And of course, immediately you see the memes, it's gonna be poisoned beef from Argentina.

1:25:42 And just as a small aside, if people really understood,

1:25:46 our great American beef

1:25:48 is certainly from Texas goes

1:25:50 to New York, Los Angeles, Las Vegas,

1:25:54 Beijing.

1:25:55 It goes to Maybe Japan is as good. Yeah. It goes to the the Michelin star restaurants

1:26:00 and we are already getting crap that's driven up from Argentina, from South America

1:26:05 and they by the time it gets to, in Texas, HEB,

1:26:10 it says USDA

1:26:12 certified prime American

1:26:14 beef because it, you know, it's it's it's been in the country.

1:26:18 It's it's processed here. So then,

1:26:21 and I think this was I think this was a setup.

1:26:24 Glenn Beck with the president.

1:26:27 And because I know a lot, I mean, I buy

1:26:29 our we buy our beef from KNC cattle, hometown meats, they have a small

1:26:35 owner operated

1:26:37 processing plant on premises.

1:26:39 That's the way to do it. That's the way to do it. And and, you know, they

1:26:43 they That's what do it. They they actually process beef for,

1:26:47 you know, for

1:26:49 ranchers, you know, San Antonio,

1:26:52 all all over the place.

1:26:53 But this is this is how it went down with with Glenn Beck and the president. And I'm telling you, this was a midterm SIOP set up and I think Beck was in on it. And the prices are coming down very rapidly and now beef is starting to come down, the, you know, the meats, the beef is starting to come down. Yeah. Because I I told everybody to import it. But prices have come down very very

1:27:15 I

1:27:16 have to tell I have to tell you mister president, I didn't plan on talking about this and we Bullcrap. I didn't I didn't plan on talking about this. I didn't plan on this. All of a sudden it just came up. We get into it at later date, but please please when it comes to beef, please look at the cartel

1:27:32 that is the meat processing cartel.

1:27:35 Now, is absolutely true, but it's not a monopoly,

1:27:39 it's a duopoly and they are not owned by Americans. And the ranchers

1:27:45 have become very complicit, you know, complacent. It's like, yeah, you know, I'm just, I got these I got these cows, I throw in $1,400

1:27:53 worth of honey nut Cheerios,

1:27:55 I take them to the processor, you know, they give me 1,800,

1:27:59 $2,000,

1:28:00 rinse and repeat. But okay,

1:28:03 that is definitely a cartel and they're no good and they suck and that should be broken up. And this is the setup for that and more. I mean, that is I I

1:28:12 run a ranch, so I know what it's like. And I'm telling you Meaning,

1:28:16 the Glenn Beck goes, puts the Cheerios in, takes it takes it to JBS or whatever and it hasn't processed. Sure. Is processing plants. There's four of them and I think two of them are not even American. It's bad.

1:28:29 And they're I believe they're colluding And farmers each

1:28:33 haven't done it because they're smart as hell. I'm surprised

1:28:36 because that's been going on a long time, Glenn, long before I got here. Help us.

1:28:41 Help us. It's so It really We can't we can't butcher with all of the federal regulations.

1:28:47 It is really hard. I wanna see You know, is there something you can do to help Glenn, is that just a question of regulation?

1:28:54 Do you think? A lot of it is. Well, these guys don't even actions know

1:28:58 are insane.

1:28:59 No. Okay. So Okay. First of all, it's not federal,

1:29:03 it's state. And Texas is quite good about that. Yeah. And, you know, it depends on how many people you have in your operation

1:29:11 and you can sell it locally.

1:29:13 You in depending on your situation, you may not be able to sell it across state lines, you may not be able to sell it to HEB, but you can sell it from your ranch, and it but it gets even funnier.

1:29:25 So they make the regulation so tough

1:29:28 that

1:29:29 so could you do it if you didn't have those regulations, could you do it on your ranch?

1:29:35 Yes.

1:29:36 And is that the way to do it? Or do you think Yes. You need some pretty strong regulations?

1:29:41 Break the back. Break the back of those processing plants.

1:29:46 Though there's people that wanna build processing plants everywhere, the regulations are killing us, just killing us. So you're saying with with less regulation,

1:29:55 you think that the ranchers and farmers would do a very good job of processing the beef?

1:30:02 Yes.

1:30:03 Wow. Yes. I'm I looking for that today. I know. I've been hearing about this problem for

1:30:08 twenty years I've been hearing about this problem. Okay. So this to me, this was a bit of a setup. It's like, oh, yeah. Tom. You know, miss mister president.

1:30:17 So

1:30:19 the processing plant is is multiple

1:30:22 problems. One is,

1:30:24 and and there's all kinds of ways around it. You can sell a half a cow to someone. That's what we do. Quarter cow, half a cow is the way to go. Then because you I have a because you own it at that point. You own half of the cow, someone else owns the other half of the cow. The problem is that the ranchers,

1:30:40 they are lazy.

1:30:42 I'm sorry. A lot of not not the the beefmaps.com

1:30:45 guys,

1:30:46 you know, they and there's there are small independent processing plants. So part one is they just wanna make money, they're not really into regenerative,

1:30:54 they're not caring about it as much as they used to. The older generation

1:30:59 is, you know, passes it on, the kids are like, I might as well sell this for development or something else. They're not really into it.

1:31:07 And

1:31:08 and the the biggest problem is people who know how to cut.

1:31:13 There is no there are no people who know how to cut anymore.

1:31:18 The butchers. Butchers. It's it's a specialty.

1:31:22 You've got to get apprenticeship,

1:31:24 you know, it's

1:31:25 they that's where the stimulus is needed. And yes, absolutely.

1:31:29 This is cartel

1:31:31 with with the beef processors.

1:31:33 Totally.

1:31:34 But there's a lot of complicit nature. And then we get the next day

1:31:39 or two days later, Glenn Beck, you know, like spikes the ball. On

1:31:43 Wednesday,

1:31:44 the president was on. It's Friday today. So two days ago, president is on and I bring up, you know, farmers and ranchers and I'm like, you know, let your people go. Let my people go.

1:31:54 Let them process their own food. Not with Now,

1:31:58 rancher

1:31:59 is allowed to process their own food.

1:32:01 I'm just being technical about what he's saying, but you can process your cows on your ranch for yourself

1:32:09 That's for your

1:32:10 always always been been allowed. No standards.

1:32:14 But this is a this is a monopoly and if we can cut. It's

1:32:19 not a monopoly. It's there's four of them. J b or three. No. Four. J b s, Tyson, Cargill, and National Beef. The regulations

1:32:28 on these processing plants, not to a dangerous

1:32:32 level,

1:32:33 but to be able to get people to be able to process their own food in their own communities, in their own states. It's already possible. It's a state's issue. The only thing that is out there

1:32:43 is the Prime Act,

1:32:45 which has been on the books

1:32:46 and never really made it anywhere. And maybe that was part of the point. And that, believe it or not, is a Thomas Massey

1:32:53 bill

1:32:54 that has just not moved anywhere.

1:32:57 So it's a multi it's a multi factor thing. But again, I think this is

1:33:02 a midterm

1:33:04 marketing message that is happening. This is all about the inflation issue. You know, Trump made a small set of promises and if you just go through it just

1:33:13 dispassionately,

1:33:15 he closed the border, great,

1:33:17 100 A plus,

1:33:19 you know, the war, a lot of people felt you know, that was a mistake, you you just go through these issues, one of them was, hey I'm gonna get the prices down immediately,

1:33:28 and as a function of starting the war, gas prices go up, gas prices are the input to a lot of other prices, so of course everything goes up, and we've been at three or 4%,

1:33:37 kind of as low as like 2.8, 2.9.

1:33:40 We still have the lowest unemployment of our lifetime, so you and I, we've never been sitting here with four or 5% unemployment,

1:33:46 and the participation rate in the country is about 62%, we've never had more people participating on a percentage basis,

1:33:53 it's like 68 was the peak I think under Clinton,

1:33:55 and that's because it's a multi factor kind of thing,

1:33:59 because many people are so affluent they don't have to work, or people in the family are affluent so they don't they won't get off the bench and go work. Put it all aside, this has been a pretty great time for employment even though everybody always complains about how much money they make, it's actually never been this good in our lifetime in terms of the number of

1:34:16 the unemployment rate. That's put that aside for second. That's Jason on x everybody. It's at Yes. Jason on x. You can tell him that he's full of crap and that you are struggling.

1:34:27 No. But the the struggle is not in the jobs available, it's the affordability.

1:34:31 So the rate so correct.

1:34:34 If your salary has not increased

1:34:37 let's say 5% a year, 6% a year,

1:34:40 you're not keeping up with inflation because it was you know six, seven, 8% at times under Biden and it's been 3%.

1:34:47 The problem, what people don't realize is 3% doesn't sound like a big number, but you do 3% for ten years in a row,

1:34:53 this is a super compounding impact. Now everything is 50%, 75%

1:34:58 more,

1:34:59 and beef is one of those things. But the hack is super easy, and once you start living on a ranch and you live in Texas, you

1:35:06 kind of break out of the matrix that you live in in New York, that you live in in San Francisco or LA,

1:35:11 and

1:35:12 I can order

1:35:14 Wagyu, like the best, I have this one rancher, I'll give her a shout out, Olivia, at Long Hill Wagyu,

1:35:21 just her ranch is about an hour and a half south of my ranch,

1:35:25 and you can buy I'm talking about Wagyu,

1:35:28 this is I can get it for like $20 a pound if I buy

1:35:32 a quarter cow, maybe a little less $15 a pound if I buy half cow,

1:35:37 and this is what you need to do now if you're buying straight up American cattle, you're down to I think 6 to $10 depending on where you go, and the processing from what I understand is like a buck a pound, it's like $150

1:35:50 or $300

1:35:51 to do a cow,

1:35:52 and there are smaller places to do that and this is the future of America is the

1:35:57 job you mentioned,

1:35:59 cutting up and butchering a cow, doing electrical work, plumbers,

1:36:03 generation tool belt is the greatest opportunity ever, they paid. Tool belt, I like that, that's good. Yeah, this

1:36:11 is, if you want to get a great job, if you get like a graduate degree and you know whatever studies and

1:36:17 bullshit

1:36:20 BS, you know, degree and studies of you know whatever indigenous people yada yada,

1:36:26 you're gonna be $2.50 ks in debt, and your first job is gonna be 40 ks 50 ks. If you're lucky. You get, if you're lucky. You're

1:36:34 generation two about, you're an electrician, you're making

1:36:37 6 figures, in five or ten years you're a plumber, you've got your own business, making $2.50. Right now in Texas,

1:36:44 they're I think they're looking for 70,000

1:36:46 construction workers, welders,

1:36:49 cable pullers,

1:36:50 electricians

1:36:51 to build these stupid data centers.

1:36:54 Like, this is a fantastic transfer of wealth from

1:36:58 BlackRock,

1:36:59 from Goldman

1:37:00 Sachs.

1:37:01 Take the money.

1:37:03 Take the money. Take the

1:37:05 mean, yes.

1:37:06 Huge SIOP took place. Huge SIOP. Absolutely. Kids got screwed, that was the You know what? People are rightly sick

1:37:14 of twenty,

1:37:16 thirty years

1:37:18 of the government employees not working for them, working for themselves.

1:37:23 Absolutely true.

1:37:25 Yeah. And so once you break out of the matrix and you realize going to college is not a guarantee for a great life, it's indentured servitude.

1:37:34 You now work for a student loan.

1:37:37 These kids who I meet, they they if if if you you go to state school for like 10

1:37:42 k a year in Texas. If you go to

1:37:45 Austin, you know,

1:37:47 and and you go to UT I I got I

1:37:49 gotta tell you, Jason. I know how to weld. Like, if if this podcasting thing doesn't work You're be making a buck 50 an hour. I'm I'm gonna go to Pennsylvania

1:37:59 and help weld me some big beautiful ships.

1:38:02 Mean, that

1:38:04 it's it's amazing

1:38:05 what is out there. You know, if you ever watch Mike Rowe with his dirty jobs, I mean, he's

1:38:11 going everywhere telling people this continuously.

1:38:14 Did you go to college?

1:38:15 I I went to Fordham University at Lincoln Center at night Mhmm. And it was I think nine to eleven k a year, so it's about 40 k, but I was it took me five years, I worked jobs doing internet and whatever

1:38:29 during that time,

1:38:31 so when I graduated I think I had maybe 9 or $10,000

1:38:34 in debt from some Pell loans or whatever,

1:38:37 and then I got a job working for Sony doing IT,

1:38:42 and I was getting paid 60 or 70 k a year, I just paid it off in one year. I paid off my debt in one year, and at the time,

1:38:49 my total college tuition of 50 k was 10 k less than my salary on graduation.

1:38:55 Today, if you get that same, let's say you get a 50 k job, and you're stuck $2.50 in loans, 100,000 in loans, that's 2 to 5 x, you cannot

1:39:04 get out from under. That's

1:39:06 the trap, it's a lie, and that's why you have these kids who are so enamored with socialism,

1:39:12 because they screwed them, they said get your graduate degree and they went 100 ks in debt, 200 ks, that's why they love Mondami, they're like yeah, free stuff, cancel my loans, I got screwed.

1:39:26 Support your local rancher, that's my main. Just literally buy a half cow, buy a quarter cow, get the freezer. I have a whole freezer. I mean, that's all we eat is we ate beef, we eat beef and a potato.

1:39:40 Rice Love it. Rice and salad

1:39:42 and, you know, our grocery bill is significantly

1:39:45 lower than anybody else I know. Yeah. You gotta lay out $400,

1:39:50 you know

1:39:52 Upfront. Up front, but at six weeks Worth it. It's six weeks and you got your ground beef in there, you know, it's your your You get the picanha?

1:40:02 Get the picanha. Oh. And then there's the That's the good one. The hump the hump roast, you get the hump roast. Yeah. But Oh, so nice.

1:40:10 Alright. So nice. Well, here's Kevin Walsh, our new Fed

1:40:14 Fed chair, and he's laying it on the line over there in Jackson Hole, no one cares what they're doing, but he did his walk. Now there is one signal nobody can miss.

1:40:23 The responsibility

1:40:24 for sixty five months

1:40:26 of sustained elevated inflation

1:40:29 sits squarely with the central bank,

1:40:31 and that's where it belongs.

1:40:33 So here is my standard.

1:40:36 We must be confident

1:40:37 that underlying inflation is moving to our objective

1:40:41 clearly

1:40:42 and at sufficient speed.

1:40:45 Otherwise,

1:40:46 we have work to do.

1:40:47 That's our job, that's our mandate, and that's our charge to keep. Yeah. What does he say?

1:40:53 Just a bunch of words. I don't think any of this matters anymore. I mean, we're

1:40:58 still printing money. I mean, that's that's what we're what do where are you on Bitcoin? Are you a Bitcoiner?

1:41:04 I you know, when when it was not like a $100, $200, I had It was never oh, a $100. Oh, okay. A $102,100 bucks. I had them on this week in startups in like 2009, 2010. Yeah. I bought some, I got hacked, I lost it. At the same time, like six months later, my wife was like, what's the copy of your bit Bitcoin? I'm like, I got hacked. She's like, I'm gonna buy some. And she goes and buys a bunch for 100 and then she's like, can I buy more? I wanna buy 200. I'm like, she wants to buy more. Boom. She buys it, we still have it, millions of dollars, my wife made this incredible trade, so I'm

1:41:35 super happy about it. I think

1:41:37 the game of Bitcoin has kind of come to an end,

1:41:40 it's not going to have like this crazy super appreciation,

1:41:43 I think partly because there's a guy buying like 10% of it, which is kinda like

1:41:48 it's not punk rock if somebody corners the market on it and owns 10 or 20% of it like Michael was Yeah.

1:41:54 It's just kinda like he he kinda like has made himself the main character in the Bitcoin story and he's supposed to be like a punk rock, nobody's in charge. No. Find him very annoying. But nobody is Yeah. But I do believe nobody's in charge and my

1:42:06 you know, the thing that John and I would all I mean I would always pester him with it because we were people were sending us Bitcoin left You didn't and sell it, did you? No. On a second.

1:42:18 It we agreed. It was John's idea but I agreed. No. This is just beanie babies. This is beanie babies for the internet and

1:42:26 Oh, yeah. No. No. No. This is a great story. Keep in half. I had 65 Bitcoin

1:42:32 and I remember 2015,

1:42:34 hey, it's $900. I'm gonna sell that stuff. There you go. That was my that's my that's my initial Bitcoin story.

1:42:41 But then we got back in when it was under $3,000

1:42:44 and I've just been just been buying a little bit every single Tina is the one with the she's got the, you know, the proper IRA and retirement accounts and all that stuff. I'm rooting for Tina. Everybody donate $33,

1:42:56 330 I'm by the way, I'm a knight. I never claimed my knighthood. Well, is no good. You you gotta select gotta be a knight, a knight of the hill country.

1:43:05 You gotta select a name and you gotta send him a note notes at no agenda show dot net and I'll be happy to knight you. I didn't know that it was an honor system. I thought like you guys were keeping track of stuff. Apparently, it's an honor system. I gotta tell you that I'm actually a knight. But putting it aside,

1:43:22 I I there there is a lesson which is, as we say in the business, let your winners ride. It's okay to pair your position along the way, but you always wanna let the winner ride until it doesn't ride because I I I do wanna say sometimes things just race.

1:43:35 Cotton gin, you're right. On the show

1:43:38 when

1:43:39 Silk Road came out as an experiment,

1:43:43 I bought

1:43:44 a dime bag of weed

1:43:46 for I think $3.03

1:43:48 Bitcoin. Oh, no.

1:43:50 It came right it came right to the door in the mailbox. I'm like, this is amazing. What a great country we live in.

1:43:57 Be careful with that, man. That guy went to jail for a couple of years. Yeah. Yeah. Well, there you go. Mhmm. And he's not not legal in not legal in Texas. Because he's just

1:44:07 we haven't heard from the UN secretary general recently, Gutierrez.

1:44:12 Gutierrez.

1:44:13 And yeah. And he's he's trying to make his mark on getting everybody afraid and he has a new way of pronouncing the most scary disease in the planet. Outbreak is the fastest growing Ebola epidemic on record. Ebola. It's the fastest growing Ebola outbreak ever. It's like Trump, only he can't speak. Well, that's the same same, I guess. It is growing faster and wider than the response to contain it,

1:44:39 but it can be stopped.

1:44:42 We know how to contain Ebola, how to interrupt transmission. Where

1:44:46 where does this does this guy not listen to anything on the news?

1:44:49 Why is this saying Ebula?

1:44:52 Am I not sure? Am I missing something here? Is it really supposed to be? Maybe from now on, we just pronounce it Ebula.

1:44:59 Just to I mean, okay. Ebola. Ebola it is. Alright. I got one I got one Koval.

1:45:05 Gonna wrap it up with you brother because you you've been Yes. Very generous with your time. I do have one question. Of course. Go ahead. Do you know what's going on with Japan

1:45:13 and,

1:45:14 you know, this this this you know, Besant's been real kind of

1:45:19 sketchy about it, like, I know what's going on and the the the yen carry trade and all this stuff. Sure. What is is that happening or is is that ending or what's going on with that? Because that seems to be where everyone's making money and dumb podcasters

1:45:34 aren't.

1:45:35 Okay. If you have the ability to

1:45:38 borrow a lot of money, your bank, your hedge fund, whatever, you got to be in

1:45:44 that kind of realm, you can get a $100,000,000

1:45:46 loan from Japan for 1%

1:45:49 and then you can invest it in The United States in our treasuries or short term banks for 4% or 5%, take the spread and that's called the Japan Carry Trade. Japan

1:45:59 is actually I think gonna come roaring back, they have

1:46:03 a real entrepreneurial spirit, I go there twice a year

1:46:07 What do you do when you go there? What are you doing? Well two things, one thing is I go skiing in

1:46:12 Mount Fuji? Mount Fuji?

1:46:15 It's

1:46:16 in the foot of Mount Fuji, but there's it is known for the deepest, like softest powder in the world, it's unbelievable,

1:46:22 and then I go and I eat food and I do something I call Founder University there, which is I meet 30 founders and for ten weeks we help them grow their company, which is like my day job is investing in a 100 companies a year. Putting all that aside, they are really figuring out immigration in a very intelligent fashion. They just said everybody wants to live there, it's the safest place in the world,

1:46:42 the quality of life is unbelievable,

1:46:45 but they have some common sense principles. One of them is, you can't create

1:46:49 your, like, little Tokyo,

1:46:51 your little Baghdad, your little Paris

1:46:54 inside of Japan. You can't create your own neighborhood, you have to live in one of the existing neighborhoods, and now you have to be fluent in Japanese to come there.

1:47:03 And so since so many people want to go there, if it isn't if you want to have permanent residence, not if you want to go there on vacation or for six months as a digital nomad,

1:47:10 And everybody wants to go there, they're hiring, you know, because they they need some level of immigration because they they're They

1:47:17 no kids, they're they're getting old It's over

1:47:21 it's a it's a incredibly rich country because they have so much money, so much discipline, everybody saves their money,

1:47:28 and then they have population decline,

1:47:30 and so they actually figured out like a really common sense way to handle this immigration issue that the Nordics like Finland let people in, and then they're like, okay we have 17 different languages being spoken, none of these people will learn Finnish, or whatever the language is, I'm assuming it's Finnish, and

1:47:48 we don't have teachers,

1:47:49 so how are we going to educate these people? Okay, they're not going to get educated, they're going live in their own slums, own area, and then we're going have civil unrest. If you want to go to a country, I think it's like one of the most, and people might say I'm being racist or something,

1:48:04 you're

1:48:05 not guaranteed to go to any country you want in the world, and what a great

1:48:09 carrot to put out there. The people who learn to speak the language fluently before they get here get precedence.

1:48:15 They get to go to the front of the line. That's actually a really good idea because your chances of assimilating

1:48:20 into the culture

1:48:21 go up 100x if you can speak the language. Well we'd have to kick out half of our country because

1:48:26 people who were born here can't even speak the language.

1:48:30 Well played, well played. Well I mean,

1:48:33 I think now by shutting the border,

1:48:36 that was like such an easy thing to do,

1:48:40 that I think it's kind of starting to lower

1:48:44 the heat on this discussion that we could maybe start to have a reasonable discussion of what to do with the 20,000,000 people who are here, and now if they're criminals they gotta go, but if they've been here for twenty years we gotta find a solution,

1:48:56 because

1:48:58 so it cost us 50 to $100,000

1:49:00 to deport somebody,

1:49:01 but if you catch me all in Yiannopoulos at the airport, it cost you very little. That cost about 2 k. Yeah. So that's that's the that's the better way to do it.

1:49:09 I'm I'm in agreement, I mean I've helped several people become legal.

1:49:13 It

1:49:14 costs about $5,000.

1:49:16 I've done it three times

1:49:19 in my life, helped help someone. But they they had been here for a very long time, you know, back in the day when

1:49:26 companies would go to the border and say, hey, you wanna work? And they come on And it was just like, you know, I'm in total agreement. The problem

1:49:33 is that, and we see it in Fredericksburg

1:49:36 all the time.

1:49:38 You know, the the cleaning ladies,

1:49:41 the construction guys, the guys working in the wineries, they're gone. And and

1:49:46 many of them have been here for a long long time. Yeah. But it's quotas. You know, there's quotas for for ICE and DHS and I'm in agreement with you that I I wish we had I wish we had a way for that, but it seems like that this, you know, that's passed, that decision is, you know, that's that's gone. Well, it's has stopped,

1:50:05 he's

1:50:06 taken the foot off the pedal because I think it was so unpopular,

1:50:09 know, and it was causing too much unrest. But it's pretty simple, know, if you put economics to any of these problems you can typically find a good solution, so if people have to pay their back taxes

1:50:18 or they had to do some sort of settlement to become legal, then again the front of the line would be filled with successful people saying you know what, I'll pay $3,000 in back taxes or $6,000 in back taxes to become a legal citizen,

1:50:30 and that would I think again,

1:50:33 if you don't I have great sympathy for somebody who doesn't have a job,

1:50:37 and then sees,

1:50:38 you know, a 100 people working in their community off the books, not paying taxes, getting cash under the table, it's gotta be incredibly frustrating, know. Well, guess what? If if you go down the socialist route, which I grew up with here in The Netherlands, what you see is,

1:50:54 oh, I hurt my back at work. I'm gonna be out for six months. My company will have to pay 70% of my salary and I'm just gonna work hauling bricks on the side. And the neighbors see it, they see you Oh, double down? Oh, yeah. Oh,

1:51:08 yeah. And the neighbors see it, then the neighbors get mad, then you get like neighborhood fights over this stuff, and other people go, well crap, if he's doing it, I'm gonna do it too.

1:51:17 Traged in the commons. And and it is bad here. It is really really bad. They got a lot I

1:51:23 think when you steal from the if you steal from the government and this kid Nick Shirley, you guys I think have talked about it a bit, just walks

1:51:32 up and he gets somebody gives him a list like hey, think this is fraud and he like uncovers fraud all the time. It's not that difficult to find it and so if it's not that difficult to find it, you have to ask yourself like Occam's razor, why didn't we find it? It's obviously people were in on it in our government.

1:51:46 If you're caught stealing from the government, I think they should double the penalty because you're literally stealing from everybody. Hang them. Hang him. Well, I want to it on TV. Yeah. Give me the rights. Give me the rights. David Baronet and I will produce produce Yes.

1:52:01 We will do David Baronet this he has no job. Right? He just made all this money and then went to a ranch and he doesn't work anymore. He's gotta get a job. He he called me. He he and he me. He said, hey, man. I wanna do the show with you. I'm like, okay.

1:52:14 Good. Line up everybody.

1:52:16 He

1:52:17 he only does things he wants to work on. I think the I don't I'm not exactly sure, I think the last thing he did was Gran Turismo.

1:52:25 Oh, yeah. Which was which was I thought it was a pretty fun movie and it was all paid for by Sony. So he just doesn't want he says, he left at the top, man. He he was very smart. There's something say about that. Bought a lot of land,

1:52:38 you know, got a good looking wife, she's a lawyer.

1:52:41 Nice. They live out on the ranch

1:52:43 and I mean and and they Kinda. And he used to call John all the time.

1:52:48 He loved John. Yeah. Oh. He loved John. He What do these guys talk about? What's what no. Hey, Dana. What's going on in Hollywood? See? It's some of that. When am I gonna get a talk show in Hollywood? Who's I don't gonna get a cameo, a bit part, and who's Can you give me a walk walk on? I need a walk on. He's really a pedophile out there. I wanna be on Law and Order. Can you make me a serial killer? See, I wanna be a serial killer on Law and Order. It's what it is. Ladies and gentlemen, he is the master of ceremonies

1:53:14 of the All In podcast. Is that once or twice a week, Jason? Just Just once a week. Every Friday we drop it. We tape it at the same time you Oh, you drop it? You better pick it up, man. We drop it every Friday at Covet at Adam Curry in the morning

1:53:26 from the hill country. Hey, man. I I really appreciate it. It was a lot of lot of fun to catch up. Fun to catch up. And oh, yes. And by the way, the

1:53:36 story in

1:53:37 The Hollywood Reporter

1:53:39 that said that Dana Brunetti was John's

1:53:42 nephew

1:53:43 was clearly

1:53:45 Brunetti called the guy at Hollywood Reporter. The Hollywood Reporter didn't wanna put it in, didn't wanna do the obit and he said, but he's he's my uncle. I'm his nephew. And then they put it in.

1:53:56 Oh my god. So they lied about his age. These guys are media hacking. They're they they get great. Literally, there's no fact checking. I mean, the the Dunning Kruger effect or whatever that is, it's just so

1:54:07 perfect because every time I read a story about something I know about, I'm like, this is complete utter nonsense. It's like 20% true. Gale man amnesia, baby. Gale man amnesia, man. It's just nuts. Alright. Listen, everybody.

1:54:20 Get get your donations out. Donate to the show. Support.

1:54:24 You know, John's family. Very important.

1:54:26 3333,

1:54:27 8888, whatever you got, just do something,

1:54:30 you ungrate no, you guys, be grateful for the show, you gotta keep it going, keep the show going,

1:54:36 get your pay palette, that's what I did, every anytime I win a big poker game, I would win these poker games and then I'd like, know what? I appreciate what you guys are doing. I pop out my PayPal, I zip a little PayPal to you guys. Easy peasy. I love you, brother. Thank you so much. I love it too, bro. Let's let let let's let's get I'll I'll come out to Frasersburg. Maybe I can get in on this chess action with you or we can have a steak or something. Anytime you want. Monday is Monday morning. That's is that when the chess is going on old man chess? That's when chess is taking place. I wanna get in on old man chess. That sounds like a party to me. Alright, brother. Thank you so much, Jason. Okay. Bye bye. From the people who emptied the cupboard to

1:55:12 fight the six month little excursion,

1:55:15 a miracle in the Western Hemisphere.

1:55:19 Barrels. World's biggest oil deal.

1:55:22 And the best part? No contract.

1:55:25 No problem. If you can't read it, you can't doubt it. Gas is going down America.

1:55:30 Just as soon as we find the paper. Old boss collected.

1:55:34 New boss connected.

1:55:36 17 fields, a hundred year lease. 55%

1:55:40 of a company that isn't a company yet.

1:55:43 Pentagon writes the checkbook. Private partners do the drilling. Taxpayer. Complimentary.

1:55:48 Strategic reserve. Lowest in forty four years. Lucky for us, faith is a renewable resource.

1:55:55 Fill the tank. Fill this car. Fill the ad before November.

1:55:59 Who now? Details later.

1:56:04 Deal structure not released at time of broadcast.

1:56:07 Heavy crude may require billions in infrastructure,

1:56:10 not included in no cost. Off take at cost is a feeling, not a filing. Results may vary by midterm if prices do not descend.

1:56:19 See your local slogan. Can I get a barrel? Can I get a vote? Lay your hands on my pump brothers and sisters and receive the discount. You don't need a PDF. When you have a posting. You don't need a map. When you have a mandate. 65,000,000,000

1:56:32 reasons to believe the tank is full. No contract.

1:56:36 No problem. No Majuro.

1:56:38 More inventory.

1:56:39 Farmers can keep a headache. We just bought the hemisphere.

1:56:44 Ask for it by name.

1:56:46 The biggest oil deal in world history.

1:56:50 Available now.

1:56:51 Documentation

1:56:53 sold

1:56:53 separately.

1:56:55 Amen.

1:56:56 And fill her up.

1:57:03 Yo. Just Baker doing it for us again. Thank you very much to Jason Calcanis.

1:57:07 And he led us perfectly into the Value4Value

1:57:10 portion of the podcast because indeed

1:57:13 everything you hear here is is supported by you. Time, talent, treasure, so many different ways you can support the show.

1:57:21 Of course,

1:57:22 we would love for you to listen to us live when possible on a modern podcast app. Go to podcastapps.com.

1:57:29 You will get the bat signal. You can listen live and whenever we publish, if everything goes according to plan, you should get that updated within ninety seconds. No waiting for legacy apps. So please don't wait around for that.

1:57:42 Part of the Value4Value,

1:57:43 man, so many people have done so many wonderful things, boots on the ground.

1:57:47 Artwork, I wanna thank see the last episode with Matt Long was episode eighteen ninety eight titled Goofy Foot and Parker Pauly who is a black knight. I did a very interesting

1:58:01 don't tread on me with the tires. Actually, I got a let me see, I had a a note from

1:58:07 let's see, where is my note?

1:58:09 Got a note from one of our producers about this.

1:58:13 Let me see.

1:58:16 Tim.

1:58:17 No, was it Tim?

1:58:22 No, Alex. Alex, that's right. Alex.

1:58:25 He was sales manager for a global tire manufacturer for over a decade in the commercial vehicle sector.

1:58:31 Worked closely with colleagues in the passenger and light truck.

1:58:34 So as California goes, so does the rest of the country and their regulations push their way into the rest of the of The US. Replacement tires are superior to the tires that come on your new vehicles.

1:58:46 I think the

1:58:48 basically what he's saying here

1:58:50 is that

1:58:52 the Obama era greenhouse gas rules put rolling resistant targets on original equipment tires and degraded them for over a decade. And I think we're probably going the same way with our replacement tires.

1:59:05 You'll probably instead of getting 50 to 70,000 miles, you get 30 to 40,000. So good work everybody, good work California, that's that's part of your affordability agenda.

1:59:14 Screwing everybody because that's the way California goes.

1:59:19 So thank you Parker Pauli for that and

1:59:23 let me see, there were some other, I think there were some couple other

1:59:27 pieces of art. Now, I'm selecting by myself. Luckily, I've got the troll room. I think it was Eric PP helping me out with titles.

1:59:35 Let me see. I'm always looking obviously for something with the the guest host name.

1:59:40 And what was there?

1:59:42 I liked Nest Works, I like your I used the bat signal with

1:59:47 with your piece of art.

1:59:48 Let me see, was there anything else? A couple of tires thing, you know, some cows.

1:59:53 Man, this is really it. Parker Paulie really had really had the best one. Much appreciated, man.

1:59:59 Now I wanna thank people $50 and above who supported us with their treasure.

2:00:03 As always, we have the 33333333

2:00:09 Order of the Ant,

2:00:11 which will continue for a while. Also, Thursday is gonna be my birthday. I don't know if we're gonna do anything special for that. I'm not lying about my age, I'll be 62.

2:00:19 We always thank our executive and associate executive producers at the top of the show. These are people who are fortunate enough to support us with $200 or more that

2:00:28 gives you the title of

2:00:30 associate executive producer.

2:00:32 We will read your note in full and of course that is a credit that is good anywhere credits are recognized.

2:00:37 Real official production credits like imdb.com,

2:00:41 LinkedIn, doc, you can put it anywhere you want. At $300 or above and that is a executive producer, same credit. And Stuart Green comes in from Asheville, North Carolina with $1,000.

2:00:51 Thank you. Donation for knighthood.

2:00:53 You will be known as Sir Troubleshooter momentarily.

2:00:57 He says, in memory of J. C. D, so we're gonna keep this short, I rolled into No Agenda from The Daily Source Code. He's a folder, not a scruncher.

2:01:04 Jessica, I'm presuming that's his wife, started listening while we were dating. Eighteen years of marriage and two kids who have been raised on no agenda later, here we are. Holy moly.

2:01:14 And you never had a fight. I'm just guessing.

2:01:17 We meant to do this a long time ago. John's passing was a stark reminder to take care of the things that are important while you have the time. Value4Value.

2:01:24 Thank you for your courage. Stuart and Jessica from Asheville, North Carolina.

2:01:28 And I wanna thank everyone who who has emailed me and said, hey, you know, I feel bad. I never told John how much I appreciate him. So now they're telling me,

2:01:36 which makes makes me feel like, how long will I last?

2:01:41 And would you look at this, Jessica Green, right underneath Stewart comes in with $1,000

2:01:46 from Asheville, North Carolina and this is a donation for her knighthood, but she means her damehood.

2:01:51 She'll be dame doula at your cervix.

2:01:56 Now that's a great Dame name.

2:01:58 Sir Salla Hauser, Melbourne, Florida, $1,000.

2:02:01 He misses JCD. He says, I can hear him now in heaven talking with God and saying either it's a scam or oh, that's bull crap. Maybe, maybe not, sir Sallahauser.

2:02:11 Sir Tye of God's Flat Earth, 3 4375.

2:02:15 I'm presuming that is an order of the ant plus feast. Thank you. 2026

2:02:19 is the fortieth anniversary of my birth and tenth anniversary of Discovering No Agenda. Adam, I prayed for your salvation before it even happened. Love to see God answer prayers. Missing JCD everyday.

2:02:29 Love you brother. I love you too.

2:02:31 Erica Wilco, 33333

2:02:34 plus the fees. ITM citizens, I am proud to join the Order of the Ants and have become a Baronet.

2:02:39 A Baroness, I would. Oh, it's Eric. Yes. Eric Wilco. A Baronet. Correct.

2:02:43 I usually find myself humming, I've got ants,

2:02:46 when dealing with them at my house. I will miss hearing John, my condolences and continued prayers for Adam, the Dvorak clan and the No Agenda family.

2:02:54 Adam, there's a great amateur sumo tournament coming up in November near you, the Consultants Cup.

2:03:01 I competed in it twice and had a great time. Justin and his club, Dark Circle Sumo, put on a great tournament. More details at darkcirclesumo.com.

2:03:10 And this is the sixth annual Consultants Cup Sumo Tournament.

2:03:14 Love the show. Thank you for your courage, sir Eric Wilka.

2:03:18 Doctor sir one awesome Jason, PhD,

2:03:21 34375,

2:03:22 that's in order of the Ant Plus Fees, and we thank you very much. Tom Babin, Bebin, Babin, San Diego, California,

2:03:29 34375,

2:03:31 an order of the Ant Plus Fees. Taking JCD's advice, I put my phone in a drawer to focus on family while on a July August vacation in Europe. So I didn't learn the tragic news until coming back a couple weeks ago. I've been profoundly sad ever since, but I finally pulled it together and did what John would have wanted me to do, donate and become a member of the Order of the Ant.

2:03:51 So many memories from PC, mag, z d t v, twit No Agenda, DH Unplugged. Thanks for helping me maintain sanity while raising two young human resources, my smoking hot wife in these interesting times. You'll be greatly missed but never forgotten. My heartfelt condolences go out to the Dvorak family and to you Adam. Tom Babin from San Diego, California.

2:04:12 Catherine Nicholas,

2:04:13 33333.

2:04:14 Dear Adam, thank you for carrying the torch through John's illness and passing. You've shouldered so much while grieving the loss of your dear friend yourself and your strength and dedication have not gone unnoticed.

2:04:25 And congratulations on becoming a grandfather. What a beautiful blessing and bright spot in the midst of such a difficult season. Indeed, a roller coaster.

2:04:33 With love and gratitude, Katie and Will. Thank you, Katie and Will.

2:04:37 Sir Joe Faux, 33333,

2:04:39 ITM seems to be a season of change for me, the show, and the world listening since 2016.

2:04:45 Happy to finally welcome Jason today. Yes, it was fun to have him on. I chipped in 33 Value4Value

2:04:51 to him on x money, I think he gives away. Adam grateful to have recently found we get to do this as well. All the best. Sure, Joe foe. Peter Bickford, 33333

2:05:01 and

2:05:02 there's no notes, so he will receive a double up karma. You got. Double up. Uh-uh. It's karma.

2:05:09 And there is the Indianapolis No Agenda meetup, Greenwood, Indiana 333.

2:05:14 It's a switcheroo.

2:05:16 Raymond Lee, he won the raffle and he will receive the Order of the Ant. He says, hi, No Agenda Nation. I'm traveling across the country with my smoking hot wife and two toddling human resources.

2:05:27 We made the Indy No Agenda meetup a stop along our way. They were very welcoming. We all had a great time. Definitely recommend.

2:05:34 Connection is indeed protection. Also, I'm now a knight. Happy to be in such esteemed company. Knight name, sir Raymond. You got it, sir Raymond.

2:05:41 And then we have the drunken minstrel himself, sir Chris Wilson coming in with $2.66

2:05:47 and 70¢.

2:05:49 And he says, in the morning, Adam, an invited guest. We all remember how John hated long donation letters, so please find an attached copy of War and Peace in his honor.

2:05:59 Greetings from the Antipodes,

2:06:01 Or as you may also know, the former prison colony of his majesty King Chucky three point o. Bless his reptilian heart, the authoritarian hellscape known as Australia.

2:06:11 Pronounced Straya or in a more formal setting, Straya cunt. You

2:06:16 got me, Chris. We are the only country in the commonwealth or common debt to have by ministerial edict and without judicial review prescribed a registered political party as a banned hate group, threatened their members with ten to thirteen years in prison at prison and forced its leader to seek leave from the High Court of Australia to be allowed to fundraise and launch a legal appeal against the prescription.

2:06:37 Because technically under the new hate speech laws filing a legal challenge and donating or collecting to pay for said legal challenge is providing material support and promotion of a prescribed hate group, a crime that that attracts ten to thirteen years in prison. Yeah.

2:06:52 Still, given that level of outright suppression of political expression, I think that Scandinavia

2:06:56 in the North of you is faring somewhat worse. It's getting cold there. Everyone seems to be a bit more gay. Enough complaining. On behalf of the City No Agenda meetup mob, please accept our humble donation of $388

2:07:08 and 33 dollaridoo cents plus fees. We wish it was more. Okay. So that I have to mark that. So that will be a

2:07:16 that'll be an order of the ant then, I guess.

2:07:19 I'm not sure who to send it to because we do well, least it'd be executive producer for sure.

2:07:25 We wish it was more, but if you

2:07:28 oops. Wish it was more, but if you exchange

2:07:32 it

2:07:33 for Bitcoin by next Wednesday, it will probably be more. Adam, our collective heart goes out to you, Tina, all the Dvorak's, Andrew Horowitz, Dana, all of the Gitmo Nation, the universe lost the legend, but we still have something more valuable, even more valuable than Bitcoin. We have a network of high trust critical thinkers in real life who understand the value for value exchange. This we get to keep. Seems to be like a band member that has been a band that has lost a member no matter what you do, that specific magic, that unique chemistry goes with them. But you don't stop when there's new music to be made. You get together and you let the chemistry brew, you find the new magic. And with the right people, music just happens. It's different, but it's music from people you love.

2:08:12 As Sir Felix said, we must secure the existence of our podcast for our future Gitmo Nation children.

2:08:18 My Mossad handler, Brian of London, spotted what I did there and has approved the use of the number 1533

2:08:24 as a signal to other producers that we were here for the long haul. Adam, thank you, thank you. You're doing God's work. A de douche for everyone at the meeting. You've

2:08:33 been de douche ed. Thank you for your courage, sir Chris Wilson, for sir Nathan, Phil, Danny, Custom, Carl, Mark, Steve, Tom, Alex, and our ring

2:08:41 in Daniel, if I missed anyone.

2:08:44 Do we qualify as a collective for an executive producer credit? Well, yeah. Yes, you do. Happy to do that.

2:08:51 $250

2:08:52 from Manuka Gold, manukagold.com,

2:08:54 from the Manuka Gold family.

2:08:56 Uncertain world, we appreciate No Agenda showing up week after week to keep things in perspective. We're always happy to do our small part to help support the engine for this awesome community.

2:09:05 We do have a special No Agenda sale at manukagold.com

2:09:07 for the listeners looking for 20% off. Code treasure will work until Labor Day and is stackable with our big end of summer promotion.

2:09:16 And there's gigawatt coffee roasters from Bensonville, Illinois. Eli the coffee guy, he says No Agenda has the best producers ever. He comes in with $208.30,

2:09:25 always 200 plus the date.

2:09:27 The quote from the millennial rancher on the last show really resonated with me. That was the anonymous Zoomer rancher actually. The only limit to success is the creativity of your mind. That quote truly embodies the American spirit and probably hits home with a lot of fellow producers.

2:09:41 I also want to plug an upcoming Chicagoland meetup I'm putting together at Hailstorm Brewing in Tinley Park on September 12. I urge all those in Gitmo Nation who have never been to a meetup to either start one or go to one. They're a blast. And everyone,

2:09:55 everybody wants a good cup of coffee at a great price. Yes. Visit gigawatt coffee roasters dot com. Use code ITM 20 for 20% off your order. As always, stay caffeinated says Eli the caff the coffee guy. And there's the Indianapolis No Agenda meetup.

2:10:08 This is a second switcheroo

2:10:11 to a $100 for Annette Miller towards her Damehood.

2:10:15 The Indy meetup last week was a big one. I finally get to claim Damehood. You've always referred to me as such. Yes, have because you've done real work on all those meetup reports. We have another one today. Sorry I didn't make it before the loss of the great JCD. It makes the moment bittersweet as always. Shout out to my genius first born in New York by way of Austin,

2:10:33 sir Ryan, and to the indie crew, the best punch of rabbit hole diggers this side of the Mississippi. Can I please Oh, boogity boogity?

2:10:41 Yeah.

2:10:42 I should have gotten you a boogity boogity. Hold on a second. Where am I?

2:10:48 Boogity.

2:10:50 Why does the boogity not coming up?

2:10:54 Boogity.

2:10:57 Boogity.

2:10:58 Come on. Okay. Yes.

2:11:00 Boogity boogity. Sorry about that.

2:11:05 Along with the chilled bottle of Elijah

2:11:08 Craig grilled prime rib rib and a homemade black raspberry pie for the table. Thanks for the years of enlightenment, Adam. And please dub me Dame Near Perfect. And that's from Annette Miller.

2:11:25 If there's Linda Lupatkin from Castle Rock, Colorado, $200. She wants jobs karma and she says, AI can write your resume. The problem is it can write everyone else's too.

2:11:35 Linda helps professionals and executives figure out what makes them different, what makes them valuable and turns that value into a resume that gets results. Go to imagemakersinc.com.

2:11:44 That's image makers inc with a k. And Linda Lou, Duchess of jobs and writer of winning resumes because

2:11:50 your resume should do more than just look good. Jobs,

2:11:53 jobs,

2:11:54 jobs, and jobs. Let's vote for jobs. You've

2:11:58 got karma.

2:12:00 And that wraps up our executive and associate executive producers for episode eighteen ninety nine. We are almost at 1,900.

2:12:07 Remember, these credits are good anywhere. Hollywood credits are recognized, which includes imdb.com.

2:12:13 Our formula is this.

2:12:15 We go out,

2:12:16 we hit people in the mouth.

2:12:30 And I realized I forgot to do the troll count. We had this is great. The peak trollage was one, two, three, four. 1,234.

2:12:41 Wow. Welcome back, trolls. Thanking the rest, $50

2:12:45 and above as we always do. There's, Kevin McLaughlin, the Archduke of Luna, lover of America, and boobs, and he comes in with eight zero zero eight. Thank you very much. Amanda Smith with the same amount,

2:12:57 and she and she's from Noblesville, Indiana. Happy birthday to Scott Smith. I had the date wrong last year, making it up by donation in his name. Big Smitty is 55 on Friday the fourth. Lechtakowski

2:13:08 with the small 16 006.

2:13:10 Marco in Denhach 5555.

2:13:14 Got your email. He does want a de douching. Thank you, Marco. You've

2:13:18 been de douched. Foster Birch in New York. New York, 5272.

2:13:23 I think it's 50 plus fees. Dame Nancy of the Confused, San Bruno, California,

2:13:28 Fifty Two Forty Four. Thank you. Nathan Noel or Noel in Nederland, Texas, 50. Oh, these are the fifties. Joshua Johnson, Omaha, Nebraska. Terrence Clark in Jacksonville Beach, Florida. Tony Lang, Castle Pines, Colorado. And that wraps it up. Everyone else is forty nine ninety nine or below. We never breach that number for reasons of anonymity.

2:13:48 And we thank you all very much for supporting the best podcast in the universe.

2:13:54 And

2:14:00 remember, you can always go to noagendadonations.com.

2:14:03 And you can always email us notes at no agenda show dot net for your birthdays.

2:14:07 Amanda Smith, happy birthday to Scott Smith. He turns 55 one day after my birthday on September 4. And sir Ty of God's flat earth turns 40 years old. We say happy birthday from everybody here at the best podcast in the universe.

2:14:20 Order

2:14:31 of the Ant.

2:14:33 That's right. Congratulations

2:14:35 to our Order of the Ant pin awardees,

2:14:38 which will be, in the mail to you shortly.

2:14:41 Stuart Green, Jessica Green, Sir Sallahauser,

2:14:44 Sir Ty of God's Flat Earth, Eric Wilka,

2:14:47 Doctor Sir One Awesome Jason, PhD, Tom Babin,

2:14:50 Catherine Nicholas, Sir Joe Faux, Peter Brickford, and Raymond Lee. Remember, you can become a member of the Order of the Ant, $333.33.

2:15:00 Go to noagendadonations.com.

2:15:04 Order

2:15:05 of the Ant.

2:15:07 And we've got two knights and two dames to bring up to today. So we welcome Jessica Green, Annette Miller, Stuart Green, and Raymond Lee.

2:15:17 Thanks to your support of the No Agenda show in the aggregate amount of $1,000

2:15:21 or more. We are very proud to pronounce the k d as Dame Jula at your cervix,

2:15:27 Dame near perfect, sir troubleshooter,

2:15:29 and sir Raymond. For you, we've got Hookers and Blow, Rent Boys, and Chardonnay.

2:15:35 We have what was it we wanted here? We wanted a

2:15:38 chilled bottle of Elijah Craig, a grilled prime rib, and a homemade black raspberry pie. Everybody can share in that. Along with some other favorites like

2:15:48 sparkling cider and escorts, gin drella and gerbils, breast milk and paddlemen. As always,

2:15:52 mutton and mead on deck for all of you. Go to noagendarings.com.

2:15:57 Not just for your rings if you're a knight or a dame, also you can take a look at the, very handsome Order of the Ant pin. And then once again, thank you all everybody so much for supporting the No Agenda show. It is the best podcast in the universe. It is Value4Value and you certainly brought it today. Thank you. No Agenda

2:16:15 meetups.

2:16:18 It's like a holiday.

2:16:21 Oh, man.

2:16:22 We have so many meetup reports today. It's, it's just outrageous.

2:16:26 So happy to see them come in. Let's first, listen to the meetup from, Indy.

2:16:32 Hi. This is Sir Mark. And this is Dame Maria from our Indianapolis meetup with our lovely No Agenda family remembering John today. John, you're absolutely right about NCIS.

2:16:43 They need new riders. Rest in peace. Really love you. Hi. This is Dame Cindy of the Tito's at the best meetup. In Indy, we want to send our condolences to the JCD family and the Adam Curry family. We appreciate everything you've done for us over the years. Hey. It's Gary. RIP JCD.

2:16:58 Serve any. Rest in peace, John. Later. This is Emily, the shuffle crat spook, missing John. I remember him back in the days of Buzz Out Loud when he would post with Tom Merritt and Molly Wood. I had literally no idea what they were talking about, but I loved his crankiness.

2:17:15 RIP, Dvorak. You'll be sorely missed. Hey. It's Annette in Millville, still drying out from the big derecho.

2:17:22 We miss you, John. In the morning, Nada from Indianapolis, and thank you for your courage, John and the Dvorak family. This is Alicia from Indianapolis.

2:17:31 Miss you, John. Rest in peace. This is Joshua from Indianapolis.

2:17:35 RIP, JCD. You are the original book of knowledge. This is Sir Jake. Glad I finally made a meetup, but missing JCD. Tom g, not from Carmel. Not fisting any more nuts. Adam, thanks for the men's alliance tip. Love and life. This is syrup of the maple at the indie meetup, and we're all sharing our favorite John moments. We will miss you, John. In the morning, Dame Trinity visiting from Fort Wayne, having a great time remembering JCD in the morning. In the morning, Adam and crew,

2:18:03 sir PBR street gang, John C on the other side. Sir Ohio Blug visiting the indie crew, RIP

2:18:10 JCD in the morning. This is Tony from Louisville, Kentucky. John, you're my dad, and I love you and I miss you. In the morning, this is sir Raymond. Thank you for sharing your love of podcasting and meeting up. It's Nick from Indianapolis.

2:18:24 Rest in peace, John. You taught us the importance of cynicism,

2:18:28 not pessimism. Thanks for everything. This is Kate Piper from Blind Owl Brewery. Took care of the No Agenda crew today, and they were lovely. Wait. What's that sound I hear?

2:18:42 Thank you, guys. Hey. Let's go to down south here in The Netherlands to Maastricht.

2:18:49 Hey, Adam. Hey, No Agenda Nation. This is Edward and Maastricht here. The first

2:18:54 meetup. It's

2:18:56 only two of us, but, hey, you know, we got to talk about a lot of shit. Party. And we got to drink to JCD,

2:19:02 who did the suckiest

2:19:04 exit strategy ever.

2:19:07 Good good fun here. Good good company. And hopefully, next time we'll be more busier. Yeah.

2:19:15 This is Baron Illuminati.

2:19:18 I'm having great fun, just the two of us, but nonetheless,

2:19:22 see you around.

2:19:23 Alright.

2:19:27 And the waitress.

2:19:29 The waitress.

2:19:31 Okay.

2:19:32 Alright.

2:19:33 Light blue boy. I guess the waitress didn't wanna talk. And now we have just as long as his donation note, we have the meet up report from Sydney, Australia, Australia.

2:19:45 Caution, not entirely safe for work. In the morning, Gitmo Nation. This is

2:19:51 Sir Chris, the drunkard minstrel. And

2:19:54 I'm here with

2:19:56 everybody because I'm too fucking drunk to remember their names. ITM,

2:20:00 Gitmo Nation. This is Steve.

2:20:03 Lot of good people around here today.

2:20:06 Great to see them.

2:20:07 RIP,

2:20:09 Buzzkill.

2:20:11 We live in a country

2:20:13 ruled by

2:20:15 The first half. Not ruled by trees.

2:20:20 No.

2:20:23 We can edit this. Want RRP JCD.

2:20:27 Say it again. I'm not buying it. You're not buying it. No. It doesn't matter. I'm not buying it. It's a scam. It's a scam. This

2:20:35 is Alex. Just drinking beers at a cash only bar. Not by design, but not a problem. And I'll call out Patrick as a douchebag. He'll know.

2:20:43 Douchebag.

2:20:44 Douchebag.

2:20:46 In the morning. Rest in peace, JCD. ITM,

2:20:50 this is Custom Kyle here with the No Agenda meet up in Marrickville in Sydney and

2:20:55 yeah, great bunch of blokes having some beers and

2:20:58 RIP JCD.

2:21:00 In the morning, RIP JCD

2:21:02 from Mark in Sydney. This is my first meet up.

2:21:06 You want to say anything? I'm I'm gonna edit this afterwards anyway. I don't I don't know the ritual, so how do I open what I'm saying? I don't know. You say,

2:21:14 I'm getting hit in the mouth. Because

2:21:17 that's what it is. You get hit in the mouth. This is your hit in the mouth. Anyone

2:21:22 who says we're sitting having beers is lying because we're overtaxed, we're overworked, and no one can truly afford beers, but what a wonderful group of people. You can also say shout out to Brian. And a shout out to Brian of London from Daniel, hashtag

2:21:36 vote hashtag at symbol vote luco.

2:21:39 Good to speak to all of you, whoever's listening. Mister Viscount.

2:21:43 I'm sorry John's gone and Adam.

2:21:46 I love your work, and I need to say that before you go.

2:21:50 Keep going. He's not going that quickly.

2:21:54 In the morning, we've all been drinking a lot, and we've all been

2:21:59 getting connections

2:22:01 for our erections. I mean Protections. Protections for

2:22:04 our erections. Protections for our erections. It's in Thank you, Chris. Connections.

2:22:09 In the morning. No homo. In the morning,

2:22:14 My name is Sir Chris. And

2:22:17 I'm an alcoholic

2:22:19 and

2:22:20 and I'll edit this. I know it doesn't sound so fucking drunk.

2:22:23 Morning. In the morning. In the morning.

2:22:26 One.

2:22:28 A two. A one, two, three. In the morning,

2:22:32 Gitmo

2:22:33 Nation.

2:22:35 We are all charged up to being

2:22:39 human resources

2:22:41 and service

2:22:42 in our lands and

2:23:06 Hey,

2:23:10 guys. It's Lucy, the barmaid here. We've had this group of fellas in tonight, and they officially banned from the premises. Good

2:23:17 night everybody.

2:23:18 There you go.

2:23:19 Yes.

2:23:21 Perfect. Thank you, boys. Thank you very much. We're almost done with our, meet up reports. Here's the Jingle Pot Ranch meet up

2:23:28 yesterday. This is Sir Tree Daddy here hosting the Jingle Pot Ranch backyard meetup.

2:23:34 I'm gonna pass the phone around because there's people who have things to say.

2:23:41 In the morning,

2:23:58 Yeah. But it did warm my heart when

2:24:00 Larry and Darren

2:24:02 both butchered it back to back in the same reading.

2:24:06 I

2:24:09 did look high and low for

2:24:11 Nanaimo bars for dessert,

2:24:13 but all I could find in them was hookers and bikers. There you go. In the morning from Nanaimo BC.

2:24:20 Yes. And in the morning to you in our final meetup report is the one I was looking forward to from Zurich, Switzerland. In

2:24:28 the morning from Zurich, Switzerland at

2:24:32 JCB, rest in peace meetup report. We had lots of fun. We talked about politics

2:24:39 and how grateful we are to No Agenda for keeping us sane with all the craziness that's going around in the world. I'm Sir Luca. I'm going to pass the phone to the other participants of the meeting.

2:24:54 I'm Serlouca, so I came down here from Munich, and

2:24:58 I'm here to remember JCD and spend some time with some really good people.

2:25:04 Hello. I'm Phil, the pool water guy,

2:25:07 and I came here from Widen or Beidner. Thank you, Adam. I'm the ham guy,

2:25:15 and we had

2:25:18 eight people and one human resources, and thank you for your courage. And

2:25:23 you're more than welcome. Thank you very much for sending in all those meter reports. We there is a meetup taking place as we speak

2:25:31 today in Chester County. It's the Cheshire County Community Meetup, Liberty Union Bar and Grill in Chester Springs, Pennsylvania. You probably have to hurry up though.

2:25:40 Next show day, that'll be my birthday, September 3. Raleigh's regularly scheduled September meetup in soiree, 06:00 at Saints and Scholars in Raleigh, North Carolina.

2:25:49 And on the way in the month of September on the sixth, Tapiola, Michigan, Fort Mill, South Carolina, and Medford Lakes, New Jersey on the tenth, Brooklyn, New York, Boise, Idaho on the twelfth, Scottsdale, Arizona on the fifteenth, Charlotte, North Carolina on the seventeenth, Tbilisi, Georgia, gotta collect those meetup reports, that'll be on the eighteenth.

2:26:07 King George, Virginia on the nineteenth, along with Petaluma, California, and Wilmington, California.

2:26:13 All of that happening in month of September. Go to noagendameetups.com.

2:26:17 Very simple.

2:26:18 You look on the calendar, you find something near you, you will wanna go to one of these at least once in your life and I'm pretty sure long after No Agenda is gone, you will continue to meet these people because this connection gives you protection for the rest of your life. The people you meet at a No Agenda meetup will be your first responders in any emergency.

2:26:37 I guarantee it. Noagendameetups.com.

2:26:39 If you can't find one near you, start one yourself. It's easy and always a party.

2:27:03 That's right, everybody. It is just like a party. Stick around if you're in the, troll room. Give me some, title ideas.

2:27:10 I do not know what's coming up next on the No Agenda Stream.

2:27:15 That information has not been shared with me for today, but,

2:27:19 guaranteed something is coming up because it's 247noagendastream.com.

2:27:24 And as always, get your modern podcast app so that you will always be alerted when we go live or any of the other podcasts go live.

2:27:32 So I'll be back with No Agenda on Thursday from Rotterdam, The Netherlands.

2:27:38 That will be my birthday.

2:27:40 And also on Wednesday with We Get To Do This with my brother, pastor Jimmy. If you're looking for a little Jesus talk with your No Agenda Media deconstruction,

2:27:48 check that out.

2:27:50 Please remember us, noagendadonations.com.

2:27:54 Value4value.

2:27:55 Keep the show going, everybody. Thank you so much for your contributions today.

2:27:59 And before I leave you, I got one more Just Baker

2:28:03 end of show mix just because he's really knocking it out of the park.

2:28:07 And I'll see you on Thursday.

2:28:09 Till then. Adios,

2:28:11 folks. And

2:28:14 such.

2:28:27 Where's the beef?

2:28:29 Don't

2:28:30 ask where.

2:28:39 Attention, hungry Americans.

2:28:43 Your government has located

2:28:46 beef.

2:28:47 Lots of beef.

2:29:02 They said price is too high. We said how high? They said 300,000

2:29:08 metric tons. We said

2:29:11 from where?

2:29:13 Ninety day window open at the gate, 10% more meat arriving on your plate. 25 off allegedly great, just don't interrogate the interstate freight. Heard it a little weed seen in generations, so somebody found cows in an undisclosed location.

2:29:27 Argentina already sent a little bovine

2:29:33 to

2:29:35 share.

2:29:42 Could be Pampas, could be ports, could have stamps, could have passport. Just put cheese on it. You won't care.

2:29:50 South American mystery,

2:29:52 ground into history, foreign policy, flank steak, vacuum sealed diplomacy.

2:29:57 Rubio on the oil deal, beef up on the skillet. Venezuela's

2:30:02 got the crew.

2:30:03 Do they have brisket? Screw on's outbound, cattle northbound, ranchers yell slow down, features go downtown media says affordability, farmers say betrayal.

2:30:11 I just wanna know if my hamburger came by hair mail.

2:30:18 Every package will be clearly labeled

2:30:22 product of

2:30:23 earth.

2:30:38 Proudhosers.

2:30:40 Send your cash.

2:30:46 Beef surplus

2:30:48 may contain traces of geopolitics

2:30:54 in the morning.

2:31:03 In the morning.

2:31:08 Best podcast

2:31:09 in the universe.

2:31:12 Dvorak.org/na.