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held captive by the invisible
bars of the cage we call get mo

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nation stranded at the outer
markers of society. This is no

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agenda coming to you from the
United Kingdom where the

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Atlantic storms have wreaked
havoc on this tiny island. I'm

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Adam curry.

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And I'm John C. Dvorak here in
Northern Silicon Valley,

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otherwise known as get mo West
or East nation, depending on

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where you're coming in which
direction you're headed.

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Exactly. Hey, Keith, apparently
makes no difference. But it's

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boiling hot here. So I'm not
complaining about the weather,

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that's for sure. Well, I am
complaining about the weather

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not to mention it.

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But that's because I made you
turn off the fans and all of

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your cooling equipment, so we
could have a decent, decent

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sound from you.

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Yeah, well, you know, it'll be
it'll be fine for a while. Yeah,

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we've had a hot spell here.

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Yeah. Well, it's it's been
absolutely horrendous here. And

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they're calling it the Atlantic
storms. Which

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this is based on those
hurricanes that we're getting

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down in Florida.

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Yeah. They don't even actually
explain what they're basing it

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on. But I think that's that's
the general idea. It's well, of

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course, any storm that's coming
off from the west is by

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definition going to be an
Atlantic storm. But yeah, I

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think, you know, how can it not
be related? There's, what is it

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now for hurricanes that that
have been hanging around there?

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Yeah, they're pounding him. Last
year, was it last year, they had

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no hurricanes? Yeah. And then I
think they did, maybe I don't

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know when was, I think since
Katrina, there's really been not

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much action. And now we're
having a slew of them. Again,

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this is all random number
theory. These things come in

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bunches.

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Meanwhile, there's lots of
earthquakes going on. China had

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another major one, me and mar or
Burma had another major

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earthquake.

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And my wife tracks these things.
She actually looks daily. I

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asked her

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Hey, I do I do too. She tracks
hurricanes or earthquakes.

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Earthquakes, yeah. Now there's
the US GC or whatever it is that

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je s USGS. Yeah, they have a
website and they give you the

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depth and they give you Google
Earth mappings. It's very cool.

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Yeah. And they in the show
patterns. I mean, there's like

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hundreds every day that are, you
know, unreal, you wouldn't know

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if you're sitting on him. But
there's a whole slew of them

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that constantly take place. And
there are patterns. And she's

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actually predicted two or three
of the ones that hit later.

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Really? Yeah. She says, Did you
know there's a pattern of this

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in she knows what if you keep I
guess, if you look at earthquake

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data, every day for like, 30
years, yeah,

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you start to develop some neural
network. Intelligence, I guess.

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Yeah. And you get a kit. Oh,
this is interesting. This isn't

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usual, something that means
something's gonna happen. And

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then it happens. And then you
know, you get a feeling for

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where it's going to happen.
She's pretty good. Well,

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Patricia, she's worried. Of
course, she's worried, of

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course, about the, you know,
Whopper, you know, which gets

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hit the Pacific Northwest has
earthquakes, but they don't have

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very many, and they don't have
like in California, we have

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them, you know, routinely will
have an earthquake once in a

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while. And you feel it. And it's
not a big deal. But in the

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Pacific Northwest, nobody's used
to them. And when they have

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them, they have Whoppers.

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There was there was a couple of
really big ones on off Vancouver

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Island. Right? Like, like, for a
whole week. And actually,

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Patricia had some kind of
vision. She said Carmel, Carmel,

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California. I'm like, You mean
like, we're Clint Eastwood. And

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they're like, Yeah, I'm getting
something through about Carmel.

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I don't know. I don't know. So
you're

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not the only one in the house.
That's interesting.

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But she's legit. Dude.
Patricia's for real.

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Well, we'll keep an eye on that.
But carnales got no big

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buildings or anything if they
had an earthquake I'll do is

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knock over trinkets from the
various stores selling junk.

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Well, maybe she was just talking
about the location of some kind

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of big earthquake. I don't know.
Maybe it wasn't an earthquake at

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all. Maybe it's something
completely unrelated. I don't

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know. But I did go immediately
to my you know, my size

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seismology data. Let me see
what's going on there around

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Carmel.

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I have a vision about Carmel. I
sense there's going to be a slew

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of golfers.

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Have you ever really been there?
I mean, I went through with Ron

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and I and Patricia and Marta. We
went to one of those Kleiner

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Perkins off sites at Pebble
Beach on the way back we stopped

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at Carmel. It's like Stepford
Wives. It's really quite

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frightening.

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It's a cute little town.

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It's too clean, too pristine.
Everything's measured and

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proper.

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It's like, it's like a stick.
The entire town knows what it

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is. It's a tourist town. Yeah.
And that's what they do. They

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unlike a lot of these little
towns that don't know what

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they're up to, because they have
corrupt governments. You know?

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Yeah, totally. Yeah, Carmel is
clean.

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So I got a word for your John
for this week.

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A new word. Okay, gazundering.

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Is that a real word?

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Well, it's it's a word that the
Financial Times uses. It's the

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counterpart to gazumping

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now is a real word.

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It's a word. You know, I don't
know if it's in a dictionary,

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but it's a word that's used
quite regularly. And they both

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of them have to do with, with
the housing market. So

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consumption, which I learned a
couple of years ago, as we were

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looking for a property here,
because there's no such thing as

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a property being an escrow in
the UK, you're literally

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exchange money and title on the
same day, and it could break,

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you know, 30 seconds before the
deal, it could fall apart. Yeah,

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I mean, it's a very, very weird
system. So there's no concept of

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a home being an escrow. And what
what was happening during the

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housing boom, is, you know,
you'd make a deal with, with

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someone who's selling and then
you didn't agree on a closing

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date, and then someone else
who'd come behind your back and

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Kazaam, pew and hand you know,
like an extra 50 grand under the

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table or just above board on the
price, you know, and that's

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called the Zamp. Now, they have
something called a Gunder.

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gazundering where, you know,
people are desperately trying to

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sell their houses. And so, you
know, let's say you have your

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house and this is happening
with, certainly with higher

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priced properties, but also just
across the board. So let's say

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you have a house on the market
for 500,000. Some will say,

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Okay, I'm gonna buy your house
for you agree upon the 500,000.

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And then just before they're at
closing, they'll say, Well, you

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know, really, we're really only
going to offer 400,000. And then

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basically, you can take it or
leave it at that minute, and

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this is running rampant up to
30% is being underbid and people

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are taking it.

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Huh. What gets me about the
whole thing is the fact that the

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that, that we're in a situation
in California, where all our

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prices are down about 25%. And
at least and you know, it's

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probably I still think it's
bottoming out right now.

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Do you feel that bottom? John,
do you? Do you feel down 10,000

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Come on my friend.

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I can feel it and you can feel
in your but

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not yet. It's not yet. It's
still a big gaping hole?

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Yeah, it's got 60 more days, and
then it starts to go up. So

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elections over

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Yeah, we'll get into that. Tell
me about the housing.

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So what gets me is that there
are all these people that you

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know, during the housing, boom,
they're all standing in line,

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they're over bidding, they're
going crazy houses are on the

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market for two minutes, and then
they are over bid. And you know,

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everybody just needs you know,
there's just they go nuts. The

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market turns around and the same
people are still looking for

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places to to live, they pull out
of the market. Yeah. Why do

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people of course isn't you know,
just a stupid question because

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we know the answer. But it's
interesting, you know, herd

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mentality when you have a buyers
market, the buyers they all

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disappear and when you have a
seller's market, those buyers

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are flocking to get screwed to
get fleeced. It's almost as

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though everybody wants to get
you know ripped off it's

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unbelievable to me. So right now
you shouldn't be buying property

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right now as we speak.

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No, I think there's still a good
six months to go before you even

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start looking. This is this is
gonna go so much further this

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way to replace

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I'm talking about people that
haven't got a place you're

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looking for a place you not only
have a good price do you have

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good prices right now. But your
selection you have a selection

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you can get the house you want
not just any old place, right?

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It doesn't make sense to me that
now's the time. You don't have a

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place you've been looking for a
place you know it but now it's

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hard to get a mortgage job Yeah,
I know the mortgage sees a

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problem but if it's a problem
you'll get a mortgage it's not

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as though there are no there's
no such thing as mortgages. No,

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but

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you know, it's like most people
are up to their neck and trying

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to get rid of their their I
mean, how many people have no

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mortgage no debts and are
looking for something and can

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actually get a mortgage? What's
that market gotta be today? Huge

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now, please.

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Right now you have a selection.
It's casual. You can get

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anything you want. I just don't
get injured. nobody even cares.

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They're just gonna wait until
there's nothing left when it

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picks back up and everything's
going up again. And they're

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gonna get in they're gonna get
and it's just baffling to me. I

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you know, my motto buy low sell
high.

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Yeah, but we're not at low yet.
We're not there yet.

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Well, you don't have to be at
the dead low.

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Well, it'd be it'd be nice.

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Too hard to pick. Yeah,

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well, you know obviously this
whole thing was not that's what

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everybody's

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doing by the way. That's what
they all think in there all day.

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Oh, just wait till it gets to
the bottom. You don't know what

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the bottom is. The bottom could
be yesterday. By the way, we

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should thank Bubba Martin for
doing our show notes. We haven't

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thanked him for a while. And now
he's you know, he mentioned this

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00:09:56,340 --> 00:10:02,010
everyone's rolling with this.
Hey, or feelings. Hey, guys

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00:10:02,010 --> 00:10:07,500
aren't mentioned. That's on the
divorce.org/cage match, you

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00:10:07,500 --> 00:10:09,540
should go there. And he's
getting his actually he's

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00:10:09,540 --> 00:10:12,060
getting we just got about a half
a million page views a month on

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00:10:12,060 --> 00:10:15,210
that site now. Yeah, it's doing
all right. Yeah. It's amazing.

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So the reason why I say we're
not at the bottom, John is this

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00:10:18,329 --> 00:10:21,179
is, you know, this weekend, you
know, what's taking place as we

197
00:10:21,179 --> 00:10:25,409
speak. The US government is
putting together the bailout for

198
00:10:25,409 --> 00:10:27,809
Fannie Mae and Freddie Mac, and
that'll all be announced on

199
00:10:27,809 --> 00:10:31,469
Monday. And then we're going to
see maybe kind of the direction

200
00:10:31,469 --> 00:10:36,059
of where the bottom is. This is,
I mean, this is so big, and, you

201
00:10:36,059 --> 00:10:39,959
know, please, let's just I
mentioned the $800 trillion of

202
00:10:41,430 --> 00:10:42,240
derivatives,

203
00:10:42,870 --> 00:10:45,570
that's gonna that's going to
start unwinding. You watch.

204
00:10:46,230 --> 00:10:48,810
Well, you know, this already I
think that a lot of it already

205
00:10:48,810 --> 00:10:49,650
has unwound

206
00:10:49,680 --> 00:10:53,220
no way not the derivatives that
has not unwound at all. And when

207
00:10:53,220 --> 00:10:53,670
I do

208
00:10:53,700 --> 00:10:56,820
yeah, well then I mean, the
markets Yeah, the derivatives

209
00:10:56,820 --> 00:10:57,600
things an issue,

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00:10:57,959 --> 00:11:07,919
John $100 trillion. Yeah, that's
an issue that's huge. Yeah, and

211
00:11:07,919 --> 00:11:10,739
you know, I'm so out of anything
that has any at least

212
00:11:10,740 --> 00:11:13,740
the oil is falling like a rock
Yeah. Oh, gee, that

213
00:11:13,860 --> 00:11:16,350
really noticed that at the pump.
Not

214
00:11:16,950 --> 00:11:20,520
I have my guy my local gas
station right around the corner

215
00:11:20,520 --> 00:11:23,490
is going down. It's been going
down five cents. has been going

216
00:11:23,490 --> 00:11:26,970
down a nickel a day. Really was
it was down a nickel. What's it

217
00:11:26,970 --> 00:11:31,170
and what's that? What's a
gallon, right now of premium,

218
00:11:31,560 --> 00:11:36,240
the highest the most expensive
obviously, I can get for 403.

219
00:11:36,570 --> 00:11:38,790
Okay, down from 490.

220
00:11:39,420 --> 00:11:40,410
She's always

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00:11:43,020 --> 00:11:45,600
suspect by the end, and by the
time we do the show next week,

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00:11:45,600 --> 00:11:48,330
it'll be under four bucks, and
then it'll be down back to where

223
00:11:48,330 --> 00:11:50,370
it belongs. Well, it's never
gonna get to the courses. The

224
00:11:50,370 --> 00:11:53,400
whole joke is it never goes back
to where it started. Right? I

225
00:11:53,400 --> 00:11:58,110
think it'd be around 290
Probably within six months.

226
00:12:00,510 --> 00:12:00,960
Okay

227
00:12:04,260 --> 00:12:05,400
325 Maybe

228
00:12:06,300 --> 00:12:08,970
and I'm just doing a comparison
here. It's all it's all messed

229
00:12:08,970 --> 00:12:15,390
up because now the pound is so
weak. All of a sudden, yeah. As

230
00:12:15,390 --> 00:12:18,750
expected and like 10% Well,
yeah, I guess you're right. But

231
00:12:18,750 --> 00:12:23,820
now China's out of money do you
read about this? Oh, my China's

232
00:12:23,820 --> 00:12:24,450
out of money

233
00:12:26,040 --> 00:12:27,480
start the printing presses

234
00:12:28,260 --> 00:12:31,320
that's the conversation right
now in China because the the

235
00:12:31,320 --> 00:12:34,620
sovereign wealth fund you know
this is Ted been tapped out

236
00:12:34,620 --> 00:12:41,760
basically by by us and and so
now there's you know, this calls

237
00:12:41,760 --> 00:12:43,770
for more cash and the Chinese
are going in we really want to

238
00:12:43,770 --> 00:12:46,170
invest but you know, we got no
money so now they're talking

239
00:12:46,170 --> 00:12:49,110
about maybe going to the
printing press, but they already

240
00:12:49,140 --> 00:12:51,300
but they already have 12%
inflation so

241
00:12:52,350 --> 00:12:53,940
may not be a good idea.

242
00:12:54,780 --> 00:12:57,120
I wouldn't think and never is a
good idea.

243
00:12:57,690 --> 00:13:01,020
But it's fun. I think Monday is
going to be a very interesting

244
00:13:01,020 --> 00:13:03,510
day all this news is going to
come out it's a weekend deal

245
00:13:03,510 --> 00:13:07,170
with with the Treasury with the
Federal Reserve with the you

246
00:13:07,170 --> 00:13:09,840
know the the two CEOs are
already out at Fannie Mae and

247
00:13:09,840 --> 00:13:11,910
Freddie Mac they already

248
00:13:11,940 --> 00:13:14,790
we got a lot of incompetent
management people floating

249
00:13:14,790 --> 00:13:19,950
around what they say they're out
with the golden handcuffs. And

250
00:13:19,950 --> 00:13:22,350
well of course there's that's
parachutes whatever they

251
00:13:22,350 --> 00:13:26,610
are those guys always make out.
Of course they do. So

252
00:13:26,610 --> 00:13:29,220
what's so what's in the news
this week, besides grim

253
00:13:29,220 --> 00:13:31,260
financial outlooks? That's
pretty

254
00:13:31,260 --> 00:13:34,920
much it, John, it's all just
fucked. That's all the

255
00:13:35,970 --> 00:13:38,670
Republican National Convention.
Did you watch it? Yes,

256
00:13:38,670 --> 00:13:41,760
I did watch some of it. Of
course, you know, and obviously,

257
00:13:41,760 --> 00:13:47,580
we talked about the surprises,
right? Yeah, it was, it wasn't a

258
00:13:47,580 --> 00:13:51,480
great show. It was and it was of
course, overshadowed by probably

259
00:13:51,480 --> 00:13:55,020
purposely so by Gustaf and

260
00:13:55,620 --> 00:13:58,560
maybe to you guys it would
Gustaf was a big dud here.

261
00:13:59,760 --> 00:14:01,320
Listen to how we're talking
about it.

262
00:14:02,610 --> 00:14:05,220
It was a it was a media dud,
that's for sure.

263
00:14:05,610 --> 00:14:10,110
It was the it was the coho tech
of hurricanes. The Ishtar

264
00:14:10,110 --> 00:14:11,370
of tropical storms

265
00:14:14,040 --> 00:14:17,100
come up with a million analogies
to one sticks. That's what we

266
00:14:17,100 --> 00:14:17,400
do.

267
00:14:17,430 --> 00:14:21,120
Now. It was pretty much Gustaf
there you know a lot about Palin

268
00:14:21,120 --> 00:14:25,800
obviously. But the really in the
news now is it's all about this

269
00:14:25,800 --> 00:14:29,970
country being broke. The gas
companies raise their prices,

270
00:14:30,030 --> 00:14:36,990
you know 23 between 23 and 30
cents a percent I'm sorry. You

271
00:14:36,990 --> 00:14:41,730
know, there's there's a there is
a real looming food shortage.

272
00:14:43,020 --> 00:14:44,310
Oh, yeah, yeah, it's

273
00:14:44,610 --> 00:14:48,600
there's a lot of stuff that that
the the big box grocers can't

274
00:14:48,600 --> 00:14:52,680
get? It's just like what like
fruit, particularly fruit fruit

275
00:14:52,680 --> 00:14:56,850
is getting difficult. I'm not
quite sure why. Well, yeah, I

276
00:14:56,850 --> 00:14:59,760
mean, on a global scale, and I'm
not sure where it all comes from

277
00:14:59,760 --> 00:15:02,640
who there Buying from her.
That's all very confusing. But

278
00:15:02,820 --> 00:15:04,020
yeah, there's a shortage of it.

279
00:15:05,580 --> 00:15:10,140
Hmm, we don't have any food
shortages here. Okay, at least

280
00:15:10,140 --> 00:15:12,960
not in California as we grow our
own. So it's not like a big

281
00:15:12,960 --> 00:15:14,760
deal. We're in an agricultural
state.

282
00:15:14,820 --> 00:15:16,200
Yeah. But also

283
00:15:16,200 --> 00:15:19,200
just the prices of food. I mean,
it's all over the papers. You

284
00:15:19,200 --> 00:15:22,830
know, it's up 50% some
categories up 100%. I mean,

285
00:15:22,830 --> 00:15:24,360
that's, that's pretty
significant.

286
00:15:25,170 --> 00:15:26,490
We don't have that going on.

287
00:15:27,930 --> 00:15:29,730
Well, we do here. And we don't

288
00:15:29,730 --> 00:15:32,070
know that, but we don't know
that it's going on there.

289
00:15:33,300 --> 00:15:38,490
And you shouldn't care either.
Screw you. Screw you. You lie

290
00:15:38,490 --> 00:15:48,360
knees. Yeah, yeah, it is. It's,
well, you know, ever since the

291
00:15:49,140 --> 00:15:52,050
Alistair Darling, who was What
is he is the chancellor. So he's

292
00:15:52,050 --> 00:15:55,140
like the CFO, like the Chief
Financial Officer of the

293
00:15:55,140 --> 00:15:59,280
country, ever since the
exchequer via the exchequer ever

294
00:15:59,280 --> 00:16:01,530
since he came out and said,
Well, you know, this will be the

295
00:16:01,530 --> 00:16:05,580
worst political, worst economic
climate we've had in 60 years.

296
00:16:05,580 --> 00:16:08,790
And we were looking at 2 million
people being out of a job. I

297
00:16:08,790 --> 00:16:11,280
mean, that didn't help. You
know, everyone's like, freaking

298
00:16:11,310 --> 00:16:11,790
out.

299
00:16:13,380 --> 00:16:15,660
Well, that's like these guys who
said the gas was gonna go to

300
00:16:15,660 --> 00:16:19,770
$200 a barrel. And what is the
point of these prognostications?

301
00:16:19,770 --> 00:16:21,720
You know, when it's all just
guesswork?

302
00:16:21,750 --> 00:16:23,910
How long are you gonna rub that
in my face? I think we got

303
00:16:23,910 --> 00:16:27,210
pretty close to 200 a barrel,
you know, it went up quite a

304
00:16:27,390 --> 00:16:30,360
bit in your face. I'm talking
about the guys like Goldman

305
00:16:30,360 --> 00:16:31,650
Sachs and no, and

306
00:16:33,180 --> 00:16:35,520
they probably they're probably
on the inside, they probably

307
00:16:35,520 --> 00:16:35,640
didn't.

308
00:16:37,620 --> 00:16:39,150
Why would they do such a thing?

309
00:16:39,360 --> 00:16:45,120
For for gain? Obviously. Yeah.

310
00:16:48,540 --> 00:16:50,400
No, I'm not gonna rub in your
face and rub me You know, I

311
00:16:50,400 --> 00:16:53,250
mean, just a coincidence that
you agreed with them. But you

312
00:16:53,250 --> 00:16:57,360
have a gloomy outlook, I can see
why. Now. These credit. We do

313
00:16:57,360 --> 00:16:59,430
have the news over here that the
British economy seems to be in

314
00:16:59,430 --> 00:17:02,100
the toilet but that's about it.
Not too much detail. Well, now.

315
00:17:02,100 --> 00:17:02,310
So

316
00:17:02,310 --> 00:17:05,730
it's not it's all of the
Eurozone is going into a

317
00:17:05,760 --> 00:17:11,130
recession. That's that's really
what the big deal is. And what

318
00:17:11,160 --> 00:17:13,980
you know, essentially, what has
been happening in the States has

319
00:17:13,980 --> 00:17:16,950
been happening over here. The
European Central Bank has been

320
00:17:16,950 --> 00:17:22,410
lending banks money for, I don't
know, since since all the start

321
00:17:22,410 --> 00:17:27,210
of 2007. Probably. And now the
the total amount that they've

322
00:17:27,240 --> 00:17:33,990
lent out to banks is something
like, six or $700 billion. Yeah,

323
00:17:33,990 --> 00:17:38,580
there's like, it was like 400
billion euros that they've lent

324
00:17:38,580 --> 00:17:40,860
out. And now the European
Central Bank has said, Okay,

325
00:17:40,860 --> 00:17:43,650
that's it. We're closing up, and
now everyone's freaking out. And

326
00:17:43,650 --> 00:17:47,580
that's in the papers too. So
yeah, it's not clear to get that

327
00:17:47,610 --> 00:17:49,110
that's not really good news.
Well,

328
00:17:49,469 --> 00:17:51,479
yeah. I don't know.

329
00:17:51,540 --> 00:17:54,120
Well, we do know one thing we do
not want that we've been hoping

330
00:17:54,150 --> 00:17:56,790
at least the financial people
here have been hoping that the

331
00:17:57,360 --> 00:18:00,120
Europeans lower their interest
rates and only way they're going

332
00:18:00,120 --> 00:18:03,090
to do this to get into a
recession. You know, the lower

333
00:18:03,090 --> 00:18:06,060
their interest rates because,
you know, that moves money out

334
00:18:06,060 --> 00:18:09,150
of Europe into the dollar, which
pumps up the dollar and get our

335
00:18:09,150 --> 00:18:11,730
dollar back to where it belongs,
which should be you know,

336
00:18:11,730 --> 00:18:16,620
ideally, the euro and the dollar
should be one to one. And, you

337
00:18:16,620 --> 00:18:20,910
know, it defected it got as high
as a buck and a half as 45 or

338
00:18:20,910 --> 00:18:22,350
whatever it gets is ridiculous.

339
00:18:22,710 --> 00:18:26,100
And now and now there's like
something like 50 billion moved

340
00:18:26,100 --> 00:18:28,920
out of Russia ever since the
Georgian conflict so that you

341
00:18:28,920 --> 00:18:32,430
know they're hurting now they
had to intervene to stop the

342
00:18:32,430 --> 00:18:36,120
ruble from dropping No, no, I
didn't know that either. That's

343
00:18:36,120 --> 00:18:38,670
the front page today the
financial yesterday actually

344
00:18:38,670 --> 00:18:39,450
Financial Times

345
00:18:39,480 --> 00:18:41,610
I gotta subscribe to the
financial I'm telling you

346
00:18:41,610 --> 00:18:45,060
man they got some good stuff.
They're paying attention to

347
00:18:45,060 --> 00:18:46,950
things like oh, I don't know
finance.

348
00:18:48,570 --> 00:18:50,880
You mean as opposed to the Wall
Street Journal with all its

349
00:18:50,880 --> 00:18:53,370
features? Christmas buying
guides?

350
00:18:53,669 --> 00:18:56,159
Exactly. Isn't that isn't that a
Murdoch property now though the

351
00:18:56,159 --> 00:18:56,909
Wall Street Journal

352
00:18:57,570 --> 00:19:00,270
Yeah, but it was turning into
Christmas buying guides way

353
00:19:00,270 --> 00:19:08,940
before it's not so I'm gonna put
together a Christmas buying

354
00:19:08,940 --> 00:19:10,050
guide for the blog

355
00:19:10,650 --> 00:19:13,740
Oh of gadgets or just stuff in
general? Yeah, well, mostly

356
00:19:13,740 --> 00:19:16,830
gadgets Yeah, you know, you'll
you know attachable hard disk

357
00:19:16,830 --> 00:19:18,840
for Christmas. It'd be cool. You
know, we

358
00:19:18,840 --> 00:19:23,580
were we have a new client was at
Brookstone is that the kind of

359
00:19:23,580 --> 00:19:24,090
like the

360
00:19:24,120 --> 00:19:26,730
redstone be made to get and
gizmos.

361
00:19:26,880 --> 00:19:29,250
Yeah, like kind of like the
outdoorsy, sharper image is what

362
00:19:29,250 --> 00:19:33,300
I always call it, right. sharper
and sharper image went broke.

363
00:19:33,330 --> 00:19:35,910
Yeah, but Brookstone didn't know
Brookstone

364
00:19:35,910 --> 00:19:37,950
is got a lot of cool stuff. They
may have a lot like a lot of

365
00:19:37,950 --> 00:19:42,870
little tools. And this, it's
like I consider that the less

366
00:19:42,870 --> 00:19:43,950
flashy. Yeah,

367
00:19:44,010 --> 00:19:47,190
it's high. It's high end kind of
utility stuff like you know,

368
00:19:47,220 --> 00:19:47,550
yeah, it's

369
00:19:47,550 --> 00:19:49,260
very functional. Yeah, Barbecue,

370
00:19:50,280 --> 00:19:53,040
barbecue thermometers, all that
really important stuff here.

371
00:19:55,590 --> 00:19:59,640
scraper, automatic grill
scraper, and they always have a

372
00:19:59,640 --> 00:20:02,580
Roomba are one of those cleaning
robots?

373
00:20:03,150 --> 00:20:05,760
Yeah, Roomba. So we'll have
those, by the way, love them.

374
00:20:05,790 --> 00:20:08,160
Really, I've considered getting
one. But I always thought it

375
00:20:08,160 --> 00:20:11,370
would probably be fun like the
first 20 times and then it would

376
00:20:11,370 --> 00:20:14,670
break or I'd step on it or it
wouldn't work.

377
00:20:16,800 --> 00:20:19,950
For everyone I know that has one
they just served. They just love

378
00:20:19,950 --> 00:20:23,460
them. Really? Oh, this is a rug
sweepers. I mean, it doesn't

379
00:20:23,490 --> 00:20:26,970
doesn't really do much me just,
you know, it's kind of an

380
00:20:26,970 --> 00:20:29,010
expensive rub rug sweeper.

381
00:20:30,150 --> 00:20:31,110
If it doesn't clean?

382
00:20:32,130 --> 00:20:34,590
Well, I mean, what damage
cleaning can it do? That thing

383
00:20:34,590 --> 00:20:39,930
is only so big. They have have
they have the one that's kind of

384
00:20:39,930 --> 00:20:43,740
intriguing to me is the one that
washes the floor. And I'm kind

385
00:20:43,740 --> 00:20:46,350
of tempted to get one myself, my
floors are always so dirty.

386
00:20:46,500 --> 00:20:49,350
They actually contacted me
remember, they came out with a

387
00:20:49,350 --> 00:20:53,700
new model maybe a year ago or a
year and a half ago. That was at

388
00:20:53,700 --> 00:20:57,030
the floor washer. It might be
either that it was the upgrade

389
00:20:57,030 --> 00:21:00,240
of the original Roomba. And they
contacted me and said, hey, you

390
00:21:00,240 --> 00:21:02,820
know, this is really cool. And
you know, you've talked about on

391
00:21:02,820 --> 00:21:04,590
your show. I'm like, Yeah, send
me one. I'll talk about it.

392
00:21:04,590 --> 00:21:10,380
Well, you know, you have to pay
for it. Yeah. You don't know how

393
00:21:10,380 --> 00:21:10,980
it works like

394
00:21:10,980 --> 00:21:15,330
a sales pitch. You should be
target. You should be giving us

395
00:21:15,330 --> 00:21:19,980
free publicity. Because we're so
polite and ad Yeah, in fact,

396
00:21:19,980 --> 00:21:22,590
even given you on it's cheaper
than an ad. What are you doing?

397
00:21:24,570 --> 00:21:27,090
What a bunch of Yeah, well,
that's Yeah, well, that's the

398
00:21:27,090 --> 00:21:30,240
problem. Oh, that's gonna be the
news this week. So it's

399
00:21:30,240 --> 00:21:34,020
perfectly timed. Of course on
the ninth. Everyone knew I knew

400
00:21:34,020 --> 00:21:37,170
iPods come out. So the entire
world via the whole world press

401
00:21:37,170 --> 00:21:40,680
will be consumed with new iPods.
And the next day they turn the

402
00:21:40,680 --> 00:21:44,760
frickin. They flip the switch on
the on the supercollider the

403
00:21:44,760 --> 00:21:46,560
Large Hadron Collider in Geneva.

404
00:21:46,980 --> 00:21:52,440
You think there's a connection?
Of course. I mean, of course.

405
00:21:53,970 --> 00:21:54,960
There's no connection.

406
00:21:55,590 --> 00:21:59,370
I like the idea though. Apple is
in cahoots with the black hole

407
00:21:59,370 --> 00:22:00,360
manufacturer. Yeah,

408
00:22:00,390 --> 00:22:03,600
well, the data is good. It's the
10th day of the ninth month of

409
00:22:03,600 --> 00:22:05,610
the eighth year of the
millennium.

410
00:22:10,710 --> 00:22:13,680
They're actually two lawsuits.
One American lawsuit, one

411
00:22:13,680 --> 00:22:17,160
European lawsuit, they tried to
stop it. What the hell yeah.

412
00:22:17,190 --> 00:22:21,000
Yeah. And I don't know why.
Because the black hole thing.

413
00:22:21,480 --> 00:22:24,300
And because because there's not
enough information. They don't

414
00:22:24,300 --> 00:22:26,610
really know, these suits claim
there was enough information

415
00:22:26,610 --> 00:22:30,630
about what could really happen
and they sued under the European

416
00:22:31,770 --> 00:22:35,880
Human Rights laws. That you
know, you have the right to not

417
00:22:35,880 --> 00:22:40,500
being hurt by the Luddites. You
have the right to not being hurt

418
00:22:40,500 --> 00:22:45,720
by Adams colliding at
lightspeed. There's some

419
00:22:45,720 --> 00:22:50,550
protocol in the Lisbon Treaty
about that. That was actually

420
00:22:50,550 --> 00:22:55,080
interesting that Sarkozy, the
French president, and current,

421
00:22:55,110 --> 00:22:56,850
of course, they have the
presidency of the European

422
00:22:56,850 --> 00:23:01,530
Union. He used the Georgia
conflict to pimp out the Lisbon

423
00:23:01,530 --> 00:23:04,620
Treaty. He and in this article
that I was reading, he said,

424
00:23:04,710 --> 00:23:07,500
Well, you know, we really need
the Lisbon Treaty. So we don't,

425
00:23:07,500 --> 00:23:10,110
you know, can stand as a
stronger front against you know,

426
00:23:10,110 --> 00:23:13,080
big aggressors, and you know,
he's really trying to turn that

427
00:23:13,080 --> 00:23:16,680
it's it seems like all of this
was so coordinated, but the only

428
00:23:16,680 --> 00:23:19,050
thing that messed up is they
didn't get to read the Lisbon

429
00:23:19,050 --> 00:23:21,360
Treaty through because then they
would have had their European

430
00:23:21,360 --> 00:23:25,020
army. And everything else was
genius, just went ahead as

431
00:23:25,020 --> 00:23:28,140
planned. And Europe is trying to
catch up, but they can't because

432
00:23:28,200 --> 00:23:32,340
they don't have all the votes in
for this European Year. What is

433
00:23:32,340 --> 00:23:34,140
it? United States of Europe

434
00:23:34,350 --> 00:23:34,950
plan.

435
00:23:36,720 --> 00:23:38,850
It's just a disaster waiting to
happen.

436
00:23:39,480 --> 00:23:41,700
It's good mo nation, my friend.
That's what it is.

437
00:23:42,690 --> 00:23:46,860
The European army that's a
winner. Well, an Ireland was

438
00:23:46,860 --> 00:23:49,320
lying, you know, that Russia and
the Europeans of Russia, I can

439
00:23:49,320 --> 00:23:51,960
see why Russia is getting a
little freaky. They're going to

440
00:23:51,960 --> 00:23:54,750
have to rearm and then they you
know, they're gonna have the

441
00:23:54,750 --> 00:23:57,510
European army and we're gonna be
sitting back here we're going to

442
00:23:57,510 --> 00:24:00,510
kind of pull out going to be
kind of laughing under our

443
00:24:00,510 --> 00:24:03,960
breaths and just set for the
fact of the mess. It's going to

444
00:24:03,960 --> 00:24:08,490
end up creating. But we should
be or actually we'll probably be

445
00:24:08,520 --> 00:24:11,190
egging them on. Come on you guy
how you gonna let Russia

446
00:24:11,910 --> 00:24:16,500
probably change Cheney was just
not just in Georgia. He was in

447
00:24:16,500 --> 00:24:19,500
the Ukraine. He's, you know,
they're they're building this

448
00:24:19,500 --> 00:24:24,540
pipeline that surpasses Russia.
A billion dollars bypasses

449
00:24:24,540 --> 00:24:30,180
bypasses, I'm sorry. Yes. A
billion dollars is being pledged

450
00:24:30,180 --> 00:24:34,020
which of course is all about
arms. So yeah, well, we'll give

451
00:24:34,020 --> 00:24:36,900
you a billion dollars, which
basically a big credit, the

452
00:24:36,900 --> 00:24:41,730
credit card good at Halliburton,
and, you know, Boeing

453
00:24:42,210 --> 00:24:44,280
must be used by 30. Oh,

454
00:24:45,210 --> 00:24:48,750
it's like a gift certificate.
Only oops, you have the after

455
00:24:48,750 --> 00:24:52,110
pay interest on it. Well, you
know, we'll we'll don't read

456
00:24:52,110 --> 00:24:56,040
this. Don't read the fine print
about defaulting. And yeah,

457
00:24:56,040 --> 00:25:00,120
that's totally I mean chaining
with Cheney, the Uber mice. drew

458
00:25:00,120 --> 00:25:03,900
himself went there. And that's,
that's pretty spectacular.

459
00:25:04,410 --> 00:25:06,780
That's funny because you know,
we didn't get much reports about

460
00:25:06,780 --> 00:25:09,060
that here because we had the
conventions going on.

461
00:25:09,630 --> 00:25:10,410
preoccupied.

462
00:25:10,920 --> 00:25:14,310
Exactly. Exactly. We're talking
about moose hunting and whose

463
00:25:14,310 --> 00:25:19,800
baby who wears Baby Jane. Yeah.
And by the way, what kind of

464
00:25:19,800 --> 00:25:25,800
name is trig? They got a bunch
of wack will well hold on a

465
00:25:25,800 --> 00:25:30,660
second, hold on a second. Excuse
me. Excuse me. My sister's name

466
00:25:30,660 --> 00:25:31,380
is willow,

467
00:25:31,740 --> 00:25:35,100
willow and Bristol. I mean, come
on. These are hippie names.

468
00:25:35,880 --> 00:25:37,860
We have Adam Tiffany and Willow.

469
00:25:39,600 --> 00:25:41,610
Well, Adam, is it like a normal
name? No,

470
00:25:41,610 --> 00:25:47,340
it's not. I got exactly. And I
got mastered tested to death as

471
00:25:47,340 --> 00:25:51,540
a child. I was afraid like, my
name is Adam. All right.

472
00:25:51,959 --> 00:25:54,299
polars II, where's Eve? Oh,

473
00:25:54,300 --> 00:25:56,160
there those jumble.

474
00:25:58,140 --> 00:26:00,240
But trig and triggers a little
out there.

475
00:26:00,719 --> 00:26:03,389
Trig. What does that mean? Is it
going to be a mathematic?

476
00:26:04,079 --> 00:26:08,879
Definite trig? Like in trigger?
Trigonometry? Yeah, it could be.

477
00:26:11,219 --> 00:26:11,699
Yeah.

478
00:26:12,720 --> 00:26:16,050
But yeah, so that's what was so
while you were watching the

479
00:26:16,050 --> 00:26:19,950
greatest show on earth.
Meanwhile, behind the scenes,

480
00:26:19,950 --> 00:26:23,610
Cheney was was stirring up
trouble cutting deals. Well,

481
00:26:23,610 --> 00:26:26,280
that's what this whole NATO
thing is about. You know, it's,

482
00:26:26,820 --> 00:26:29,370
it's not about well, yeah, of
course, it's, you know, if

483
00:26:29,370 --> 00:26:32,640
you're attacked, and we'll all
come to the rescue. But it's

484
00:26:32,640 --> 00:26:35,550
obviously about you know, here's
the weapons we're going to sell

485
00:26:35,550 --> 00:26:35,880
you.

486
00:26:36,120 --> 00:26:42,150
We're not coming to anybody's
rescue. Well, that's the joke of

487
00:26:42,150 --> 00:26:45,030
it. We're not gonna go into a
war with Russia over one of

488
00:26:45,030 --> 00:26:48,060
these little two bit countries
that, you know, borders, Turkey.

489
00:26:48,930 --> 00:26:51,210
We're just gonna make a lot of
noise about it. Yeah, wow, I

490
00:26:51,210 --> 00:26:53,550
think was shut down, you know,
you just gotta back off.

491
00:26:54,510 --> 00:26:57,420
Well, it's all about the
pipelines.

492
00:26:58,410 --> 00:27:00,900
That's what it looks like. But
the fact of the matter is

493
00:27:00,900 --> 00:27:03,870
setting up this little
conflagration which is going to

494
00:27:03,870 --> 00:27:07,590
take place because the Europeans
have got to form this big giant,

495
00:27:07,620 --> 00:27:10,800
you know, one big country with
their own big army is, you know,

496
00:27:10,800 --> 00:27:12,960
you can just see, it's asking
for trouble. The Russians don't

497
00:27:12,960 --> 00:27:13,860
like this idea.

498
00:27:14,730 --> 00:27:18,360
They don't like it. Of course,
they don't like it. But you

499
00:27:18,360 --> 00:27:21,330
know, so typical, and

500
00:27:21,870 --> 00:27:25,170
we have our own hemisphere. So
we don't get you know, we'll we

501
00:27:25,170 --> 00:27:25,950
can we just

502
00:27:26,820 --> 00:27:29,460
so it's really big in the news
now about what's going on in

503
00:27:29,460 --> 00:27:33,900
Georgia, you know, because,
again, there is actually some

504
00:27:33,900 --> 00:27:38,250
good reporting going on. Proof
now and they have pictures

505
00:27:38,250 --> 00:27:42,660
everywhere of US military
training, the Georgian commandos

506
00:27:42,660 --> 00:27:49,830
months before the attack to
Virginia based, not Blackwater,

507
00:27:49,830 --> 00:27:53,520
but Blackwater, like company's
been in there for the past year.

508
00:27:54,960 --> 00:28:00,930
Now, it's pretty clear that this
was all set up. And here's the

509
00:28:00,930 --> 00:28:04,890
best part. So you know, there
was rumour of Israeli jets being

510
00:28:05,100 --> 00:28:07,950
positioned on one of the two
other airfields besides the

511
00:28:08,250 --> 00:28:15,690
George W. Bush airport or
whatever it is. So a friend of

512
00:28:15,690 --> 00:28:20,040
mine he actually trained with
with a lot of those guys who are

513
00:28:20,040 --> 00:28:22,710
who do those types of missions.
He says he hasn't he hasn't been

514
00:28:22,710 --> 00:28:26,640
able to reach him for like, six
weeks. Now. Really? Yeah. So he

515
00:28:26,640 --> 00:28:28,770
thinks he's convinced
something's gonna happen. Well,

516
00:28:28,770 --> 00:28:31,740
I was up. Yeah. Well, I told you
about the Dutch operatives

517
00:28:31,740 --> 00:28:35,490
right. Didn't didn't we talked
about that last week. We must do

518
00:28:35,490 --> 00:28:39,720
it again. It was the Dutch
Secret Service had it leaked out

519
00:28:39,720 --> 00:28:43,860
and made the front page of the
paper they pulled back some

520
00:28:43,860 --> 00:28:47,730
secret operatives from Iran.
lickety split because they heard

521
00:28:47,730 --> 00:28:50,790
that an attack was imminent. And
so this leaked out into the

522
00:28:50,790 --> 00:28:53,220
newspaper and that actually did
that did make some international

523
00:28:53,220 --> 00:28:54,150
headlines here and there

524
00:28:55,980 --> 00:29:01,350
can attack that this was before
the Russian thing No, this is

525
00:29:01,350 --> 00:29:04,920
last week. Oh, this is now
what's happening now Yeah, their

526
00:29:04,920 --> 00:29:06,150
attack Well no, this

527
00:29:06,150 --> 00:29:09,960
would be an attack on Iran. The
operatives were in Iran. Oh,

528
00:29:10,320 --> 00:29:11,820
okay. All right trying to fall

529
00:29:12,030 --> 00:29:15,150
okay so put it all together
you've got Israeli jets You know

530
00:29:15,150 --> 00:29:15,570
guys

531
00:29:16,500 --> 00:29:19,740
with a guy that I said they were
not going to bomb Iran and he

532
00:29:19,740 --> 00:29:24,870
says as a done deal I said I
don't think so. I I think the

533
00:29:24,870 --> 00:29:26,670
Israelis might do it but we're
not going

534
00:29:26,700 --> 00:29:28,680
well you know that that was that
was the story is that the

535
00:29:28,680 --> 00:29:32,820
Israelis would do it with with
us markings painted on and then

536
00:29:32,820 --> 00:29:36,270
they you know, like water paint
and then they come back into the

537
00:29:36,270 --> 00:29:38,550
base in Georgia and then wash
them off and it would be a big

538
00:29:38,550 --> 00:29:44,040
mystery just to get your hello
you're bombed as shit but you

539
00:29:44,040 --> 00:29:44,850
don't know who did it

540
00:29:47,820 --> 00:29:50,520
so there's really bombers are
going to come out of Georgia to

541
00:29:50,520 --> 00:29:56,970
bomb the bomber and yeah, that's
the story. If I'm not mistaken,

542
00:29:56,970 --> 00:29:59,190
do they have to what do they
have to fly over to make this

543
00:29:59,190 --> 00:30:04,110
work? Yeah. I looked at George's
up against Turkey. Bottom in the

544
00:30:04,110 --> 00:30:04,920
middle of nowhere

545
00:30:04,950 --> 00:30:07,590
Now hold on a second because
don't they have to go over the

546
00:30:08,460 --> 00:30:13,380
Azerbaijan? Or as maybe, or
maybe even the Ukraine?

547
00:30:14,580 --> 00:30:15,870
No, Ukraine is north of them.

548
00:30:17,100 --> 00:30:21,090
I'm bringing up Google Earth. We
should probably fuck with the

549
00:30:21,090 --> 00:30:22,410
connection, but it's worth it.

550
00:30:22,590 --> 00:30:25,440
I do this all the time. I mean,
how, how cool is it to have

551
00:30:25,440 --> 00:30:27,450
Google Earth man, you can just
see all this shit. And you

552
00:30:27,450 --> 00:30:30,180
understand that so much better.
People should do that, you know?

553
00:30:30,360 --> 00:30:33,630
Go go go look at Georgia on
Google Earth and surf around and

554
00:30:33,630 --> 00:30:35,520
look at some of these places.
And then when you see it on the

555
00:30:35,520 --> 00:30:37,530
news, you'll be like, Okay, I
get it.

556
00:30:37,530 --> 00:30:40,170
Ya know, people need to do their
geography, especially in the

557
00:30:40,170 --> 00:30:43,470
United States. It's almost
embarrassing how people don't

558
00:30:43,470 --> 00:30:46,560
have a clue about anything. I
mean, it's almost like pathetic.

559
00:30:47,190 --> 00:30:50,550
Because who we got here? Yeah,
I'm zooming in. Georgia is down.

560
00:30:50,550 --> 00:30:53,640
Okay. Yeah, the attic over
Azerbaijan or they could shoot

561
00:30:53,640 --> 00:30:57,270
over part of notice and that's
not gonna work. I won't go over

562
00:30:57,270 --> 00:31:02,520
Azerbaijan. And that's its jour
it's Georgia, Azerbaijan,

563
00:31:02,550 --> 00:31:08,100
Azerbaijan and Iran is right
there. So it's the next country

564
00:31:08,100 --> 00:31:12,930
over so they have the one yeah,
this here

565
00:31:13,110 --> 00:31:15,810
yeah, they can go straight from
they don't they can they could

566
00:31:15,810 --> 00:31:22,620
go over Armenia be a little
shorter. But Azerbaijan looks

567
00:31:23,070 --> 00:31:24,090
like a good route.

568
00:31:24,810 --> 00:31:27,720
And then there's a you know if
they can get actually if they

569
00:31:27,720 --> 00:31:32,370
could get we can't quite if they
could go over Azure by John and

570
00:31:32,370 --> 00:31:36,060
hit that the body of water there
what is that the Caspian is the

571
00:31:36,060 --> 00:31:40,650
Caspian Sea. And then they can
come out of the Caspian Sea and

572
00:31:40,680 --> 00:31:43,800
Tehran is right there at the
bottom and they could just bomb

573
00:31:43,800 --> 00:31:48,240
the crap out of it. And then
come back and if they're gonna

574
00:31:48,240 --> 00:31:50,490
bomb the facilities, where are
those facilities? Do we No,

575
00:31:50,610 --> 00:31:57,330
no, no, don't is if you go from
Tbilisi to Tehran it's 550 Miles

576
00:31:57,840 --> 00:32:00,150
Well, it's a no brainer so
that's that's why they're

577
00:32:00,150 --> 00:32:04,710
stationed there. Right so I do
think they're gonna hit

578
00:32:04,740 --> 00:32:07,230
coming out Israel they have to
go over too many things and

579
00:32:07,230 --> 00:32:07,530
things

580
00:32:07,680 --> 00:32:08,700
rack Exactly.

581
00:32:08,730 --> 00:32:12,900
That's why Yeah, that's
interesting. But they're not

582
00:32:12,900 --> 00:32:14,760
going to they're not going to
hit they're not going to nuke

583
00:32:16,830 --> 00:32:17,880
there's a big difference.

584
00:32:18,990 --> 00:32:21,870
Yeah, no, they're gonna just
probably do bunker busters

585
00:32:24,150 --> 00:32:25,260
because the nukes don't work

586
00:32:28,380 --> 00:32:29,550
you are aware of this right?

587
00:32:30,210 --> 00:32:30,750
Tell me

588
00:32:32,160 --> 00:32:33,360
it promised not to laugh

589
00:32:35,250 --> 00:32:40,050
All right, go. Oh, I know what
you do you get the nukes don't

590
00:32:40,050 --> 00:32:41,700
work right. The nukes don't
work.

591
00:32:43,710 --> 00:32:45,360
Up to October 14 That's coming

592
00:32:46,800 --> 00:32:47,640
at that was the 18th

593
00:32:49,080 --> 00:32:52,230
All right. By the Asians, you'll
know all about it. Don't worry.

594
00:32:52,919 --> 00:32:55,919
There's nothing's gonna happen
by the way. So we followed up on

595
00:32:55,919 --> 00:32:58,229
your flying saucer thing and
there's a bunch of references

596
00:32:58,229 --> 00:33:01,679
all over the internet, including
some crazy people that have

597
00:33:01,679 --> 00:33:04,829
posted YouTube videos talking
about this thing is very

598
00:33:04,829 --> 00:33:07,919
unclear. This it says you know,
over Alabama in the southern

599
00:33:07,919 --> 00:33:08,909
hemisphere.

600
00:33:10,200 --> 00:33:13,290
Well, I there's I mean, the
Alabama thing wasn't clear to me

601
00:33:13,290 --> 00:33:13,800
either.

602
00:33:14,760 --> 00:33:18,060
It may not be Alabama maybe the
name of the of the vessel. Well,

603
00:33:18,060 --> 00:33:18,120
it

604
00:33:18,120 --> 00:33:20,370
could be the name of the vessel.
There's also isn't there a space

605
00:33:20,370 --> 00:33:24,840
station and that space station?
Yeah, isn't there? Don't we have

606
00:33:24,840 --> 00:33:26,040
a Alabama?

607
00:33:26,729 --> 00:33:29,729
That that I know of? Yeah, we
have. We have something we have.

608
00:33:30,179 --> 00:33:33,119
Anyway, so this this flying
saucer that you clicked you know

609
00:33:33,119 --> 00:33:34,619
that your hold on a second?

610
00:33:34,680 --> 00:33:37,380
I didn't say anything. Oh, you
mean the ship that's coming?

611
00:33:37,380 --> 00:33:37,740
Yeah.

612
00:33:37,770 --> 00:33:38,700
Okay. Yeah, on

613
00:33:38,700 --> 00:33:41,700
the 14th of October it has to be
over the southern hemisphere.

614
00:33:41,700 --> 00:33:44,190
Some places supposed to hang
around for a while? Uh huh.

615
00:33:44,820 --> 00:33:47,190
According to all the reports
that you get from all these

616
00:33:47,520 --> 00:33:52,380
crackpots, yeah, so it's not
going to happen here now. What

617
00:33:52,380 --> 00:33:54,690
are they going to say? What are
they going to say all these

618
00:33:54,690 --> 00:33:56,520
people when nothing comes of it?

619
00:33:57,419 --> 00:34:00,479
Oh, well. Oh, well.

620
00:34:00,990 --> 00:34:03,450
I want to hear it. I think it's
gonna be some good stories about

621
00:34:03,450 --> 00:34:06,780
why it didn't have well you
weren't ready or some bullshit

622
00:34:06,810 --> 00:34:08,070
no, I

623
00:34:08,100 --> 00:34:11,670
you know, this is a I've been
following this stuff for a while

624
00:34:11,670 --> 00:34:15,060
this is this is a pretty strong
message that's that's common. So

625
00:34:15,060 --> 00:34:22,350
I I expect something to happen
let's turn it around. Let's say

626
00:34:22,380 --> 00:34:25,050
something does appear. What are
you going to say?

627
00:34:29,159 --> 00:34:31,289
Oh, it's not gonna I'm not even
considering it.

628
00:34:31,949 --> 00:34:34,079
Okay, well, all right. There you
go.

629
00:34:35,699 --> 00:34:40,349
Me if something appeared I would
go wow, that's that'd be my

630
00:34:40,349 --> 00:34:40,979
reaction.

631
00:34:45,090 --> 00:34:48,810
How do I spell that? Is that ghr
MP F.

632
00:34:51,690 --> 00:34:55,770
Well, who knew? So, okay, I'm
looking back in the map again.

633
00:34:55,770 --> 00:34:59,400
So I'm thinking with Darat would
be, I think over the Caspian

634
00:34:59,400 --> 00:34:59,970
customers

635
00:35:00,000 --> 00:35:02,100
Of course, they gotta go out
over the Caspian Sea and then

636
00:35:02,100 --> 00:35:02,640
come down.

637
00:35:03,510 --> 00:35:06,990
Right? Because for one thing,
you can fly low and the radar

638
00:35:07,020 --> 00:35:09,750
signatures are going to be
minimal and the water is going

639
00:35:09,750 --> 00:35:12,750
to soak up a lot of the radar.
And yeah, it's perfect.

640
00:35:13,680 --> 00:35:17,400
But how much does it suck? I
mean, this is so fucking stupid.

641
00:35:18,000 --> 00:35:20,910
Well, we're not, you know, why
me?

642
00:35:20,940 --> 00:35:24,150
What do you know? There's
absolutely no reason to do it.

643
00:35:25,260 --> 00:35:27,870
Well, we don't know that they're
actually going to do it and

644
00:35:27,870 --> 00:35:29,040
maybe an exercise.

645
00:35:31,140 --> 00:35:33,840
Just like the Armada that is now
on the Black Sea for an

646
00:35:33,840 --> 00:35:34,800
exercise.

647
00:35:35,400 --> 00:35:38,010
To me. I mean, that's
disconcerting that they pulled

648
00:35:38,010 --> 00:35:42,150
the Dutch secret police out of
the area, but are the Dutch

649
00:35:42,150 --> 00:35:47,190
intelligence whatever they call
themselves. How many guys are in

650
00:35:47,190 --> 00:35:52,890
Dutch intelligence? Both of them
been pulled out

651
00:35:53,160 --> 00:35:55,710
as one guy to carry the
magnifying glass and

652
00:35:58,410 --> 00:36:00,510
no, well, there's lots of jokes
like that.

653
00:36:02,190 --> 00:36:05,730
About You know, the Dutch Air
Force that they weren't they

654
00:36:05,730 --> 00:36:09,870
were grounded. recently. They
weren't on a single plane could

655
00:36:09,870 --> 00:36:11,520
fly. Yeah, they ran out of coal.

656
00:36:14,520 --> 00:36:19,620
These the jokes we make about
our armed forces. Yeah. Cool.

657
00:36:21,210 --> 00:36:21,840
It's cute.

658
00:36:22,110 --> 00:36:24,150
All right. Yeah. I mean, my
you've heard these jokes. I

659
00:36:24,150 --> 00:36:26,280
mean, we do this with the
Belgians all the time. It's

660
00:36:26,280 --> 00:36:29,820
like, well, you know, the
Belgian army. They couldn't go

661
00:36:29,820 --> 00:36:32,430
to battle because no one could
find the bullet. Yeah.

662
00:36:32,760 --> 00:36:39,120
Yeah. The old the old one bullet
gag is Yeah, exactly. So Okay,

663
00:36:39,120 --> 00:36:41,130
what else is going on that we
don't know about over here in

664
00:36:41,130 --> 00:36:44,070
the USA of a because we're more
concerned about Sarah Palin,

665
00:36:44,070 --> 00:36:44,850
moose hunting.

666
00:36:45,870 --> 00:36:48,120
I don't know. Let's talk about
Sarah Palin for a little bit.

667
00:36:48,120 --> 00:36:50,760
I'm still totally enchanted by
her.

668
00:36:51,180 --> 00:36:56,520
So the V p
ILF site.com vpif.com. Is like

669
00:36:56,550 --> 00:37:00,000
buzzin Yeah. That was a smart
move by that guy.

670
00:37:00,450 --> 00:37:03,060
I have to bring it up. Now. I
haven't subscribed to it yet.

671
00:37:03,060 --> 00:37:07,830
But yeah, it is good. But you
know, there's no there's no like

672
00:37:07,830 --> 00:37:11,670
really sexy pictures of her
anywhere. I photoshopped. Yeah,

673
00:37:11,670 --> 00:37:13,680
I know. I keep waiting for
something to pop up.

674
00:37:14,220 --> 00:37:18,180
There was a good article in some
I was gonna blog about it. I

675
00:37:18,180 --> 00:37:24,270
realised there's a little too.
Too much to fake as it were. It

676
00:37:24,270 --> 00:37:29,520
was a bunch of Fashion Designers
discussing the three women in

677
00:37:29,520 --> 00:37:35,130
the campaign. Cindy McCain,
Michelle Obama and Sarah. Yeah,

678
00:37:35,190 --> 00:37:40,860
and I want to talked about how
the way she dresses down and

679
00:37:40,860 --> 00:37:46,740
makes a point of it and doesn't
want to put on errors. Or dress

680
00:37:46,740 --> 00:37:49,500
too sexy. She actually dresses
like, you know, the kind of the,

681
00:37:49,980 --> 00:37:54,780
the purpose dresses like
midwesterner. Although she

682
00:37:54,780 --> 00:38:00,120
probably you know, and they say
the only thing that she can do

683
00:38:00,120 --> 00:38:03,390
to improve her. She should
probably ditch the glasses. They

684
00:38:03,390 --> 00:38:03,900
all say

685
00:38:04,290 --> 00:38:08,460
No, I like it. It has oh, here's
a funny t shirt. Sarah Palin

686
00:38:08,490 --> 00:38:10,080
babe Abraham Lincoln.

687
00:38:16,380 --> 00:38:20,250
Oh, it's so funny. Yeah, it did
catch Karl Rove a couple times

688
00:38:20,250 --> 00:38:24,000
on Fox News man he's like He is
the wizard isn't he he's Kaiser

689
00:38:24,000 --> 00:38:25,620
Carl love that guy Heiser

690
00:38:26,850 --> 00:38:29,280
so much until it listening to
him dissecting he's a

691
00:38:29,280 --> 00:38:33,270
deconstructionist is breaks
which I admire because he'll

692
00:38:33,270 --> 00:38:37,590
take apart he did a thing on the
speech, which I have I taped it

693
00:38:37,590 --> 00:38:42,540
because my son has become kind
of a fan of his two fours

694
00:38:42,540 --> 00:38:45,630
deconstruction ability but he
took apart I think it was McCain

695
00:38:45,630 --> 00:38:49,650
speech and he did it he says he
he did 12 paragraphs about this

696
00:38:49,650 --> 00:38:52,260
and three paragraphs about they
had the whole thing broken down

697
00:38:52,260 --> 00:38:54,990
by paragraphs which I don't know
how you can do on a speech but I

698
00:38:54,990 --> 00:38:58,440
guess you can and and then he
talked about what he taught what

699
00:38:58,440 --> 00:39:01,230
points he hit when he hit him
and what what order hit him in

700
00:39:01,230 --> 00:39:03,630
and how literally did this and
how much more he did that

701
00:39:03,660 --> 00:39:06,390
indicating that they're going to
go in such in such a direction.

702
00:39:06,960 --> 00:39:10,050
And it was quite it was it was
it was interesting. He's very

703
00:39:10,080 --> 00:39:11,520
he's very calculating.

704
00:39:14,640 --> 00:39:19,290
Hey, I'm looking at the at the
drop site. Have you looked at

705
00:39:19,290 --> 00:39:24,420
that? Not today. Okay, drop that
IO slash no agenda. And there's

706
00:39:24,420 --> 00:39:31,380
a San Francisco Union's tax. A
health surcharge on food. Have

707
00:39:31,380 --> 00:39:36,450
you heard about this? No. You
should they scan it here there's

708
00:39:36,750 --> 00:39:43,260
looks like it's a it's a check
for one vegetarian spring roll

709
00:39:43,260 --> 00:39:48,840
one Japanese curry shrimp stir
fry. Jen, there's regular tax on

710
00:39:48,840 --> 00:39:54,780
it. And then there's a health
surcharge of 70 cents. What is

711
00:39:54,780 --> 00:39:58,380
that? I support the new union
contract which brings better

712
00:39:58,380 --> 00:40:02,160
health and welfare benefits. pay
increases for all union workers.

713
00:40:02,730 --> 00:40:04,950
These new and better benefits
will increase our cost of doing

714
00:40:04,950 --> 00:40:09,780
business by more than $10,000 a
month beginning September 2008,

715
00:40:10,110 --> 00:40:13,050
more than $200,000 over the
whole year 2009. To partially

716
00:40:13,050 --> 00:40:15,270
recover these additional costs,
we are charging a three and a

717
00:40:15,270 --> 00:40:18,780
half percent health and welfare
surcharge on every customer

718
00:40:18,780 --> 00:40:22,740
receipt. This surcharge is
already being implemented by

719
00:40:22,740 --> 00:40:25,320
most reputable restaurants in
San Francisco to help them stay

720
00:40:25,320 --> 00:40:30,180
afloat in these difficult times.
Wow. So in a hotel, you're going

721
00:40:30,180 --> 00:40:33,840
to get your food bill, your tax
bill, your health surcharge,

722
00:40:34,200 --> 00:40:38,250
your gratuity is going to be
half the money it's just gonna

723
00:40:38,250 --> 00:40:39,960
be in in Phantom shit.

724
00:40:40,500 --> 00:40:45,060
Yeah. Well, the problem is that
I when I'm looking at it, it's

725
00:40:45,060 --> 00:40:48,570
the half the it's almost about a
third of what the taxes are more

726
00:40:48,960 --> 00:40:52,710
is that actually is more. It
looks like about 40% of the tax.

727
00:40:52,950 --> 00:40:57,150
I mean, looks at wherever the
tax is. Another 40% 40% of that

728
00:40:57,150 --> 00:40:59,610
would be the health surcharge.
It should be a flat fee. It

729
00:40:59,610 --> 00:41:02,310
shouldn't be a floating fee,
which shouldn't be a percentage,

730
00:41:02,820 --> 00:41:06,300
because they're not plant paying
the workers on a on a on a

731
00:41:06,300 --> 00:41:08,940
floating basis as a flat
difference. Right. Really?

732
00:41:09,060 --> 00:41:10,230
I don't know. I have no idea.

733
00:41:10,890 --> 00:41:11,910
Yeah, to look into it.

734
00:41:15,090 --> 00:41:16,230
That's pretty wacky, though.

735
00:41:16,950 --> 00:41:20,100
So you see the new Bill Gates
Vista commercial? Yeah.

736
00:41:21,180 --> 00:41:24,570
Jerry Seinfeld? Yeah, it was
like, I think actually, did you

737
00:41:24,570 --> 00:41:29,910
write that? That you? You were
wrong? From MarketWatch. Yeah,

738
00:41:29,910 --> 00:41:32,280
that you? You said you wrote
that you were wrong about your

739
00:41:32,280 --> 00:41:33,780
prediction. But it was yeah,

740
00:41:33,780 --> 00:41:36,510
it was wrong. It was actually it
was just gonna severely suck and

741
00:41:36,510 --> 00:41:40,470
really, really succinct. I
haven't or be, you know, beyond

742
00:41:40,470 --> 00:41:43,410
that, which I was stunned out
that it was

743
00:41:43,440 --> 00:41:45,900
it was, it was quite bad.

744
00:41:47,820 --> 00:41:52,080
And pointless. Well, I mean, I
think it's an embarrassment to

745
00:41:52,080 --> 00:41:54,420
the company to have to have that
ad out there. Even though

746
00:41:54,420 --> 00:41:57,300
there's a bunch of people that
have written comments. Oh, I

747
00:41:57,300 --> 00:42:01,200
think it's cute. It humanises
Bill Gates. What are you talking

748
00:42:01,200 --> 00:42:02,220
about? Microsoft

749
00:42:02,250 --> 00:42:06,270
is that's a an enterprise
company. You know that that's

750
00:42:06,270 --> 00:42:08,790
where they make their money.
They shouldn't be. This is dumb.

751
00:42:08,790 --> 00:42:11,580
It's like it's like, it's almost
like an ego trip for gates.

752
00:42:13,530 --> 00:42:15,870
I don't believe that, you know,
it's almost was what kind of an

753
00:42:15,870 --> 00:42:19,140
ego driven and he humiliates
himself with that clown card,

754
00:42:20,040 --> 00:42:21,840
which I actually have posted on
the blog.

755
00:42:24,990 --> 00:42:27,990
No, it's got to be some kind of
ego trip. It is. I mean,

756
00:42:29,400 --> 00:42:31,980
what does he need? He doesn't
need it. Gates is not the type

757
00:42:31,980 --> 00:42:33,660
of person that needs an ego
trip.

758
00:42:33,660 --> 00:42:36,390
I don't know him personally, but
doing this kind of stuff. You

759
00:42:36,390 --> 00:42:40,590
know, it's it's not like as if
this was the first time he'd

760
00:42:40,590 --> 00:42:44,490
ever broken through the kind of
genius boy while remember, you

761
00:42:44,490 --> 00:42:48,720
know, we're a lot closer to
perhaps what he is like and what

762
00:42:48,720 --> 00:42:51,030
he does and what he stands for,
than most people who are going

763
00:42:51,030 --> 00:42:53,820
to see this commercial. I mean,
who is it? Who is it intended

764
00:42:53,820 --> 00:42:56,220
for? Is it intended for the
general population? Who is going

765
00:42:56,220 --> 00:42:58,620
to make a choice between Windows
or Mac? I mean, is that what

766
00:42:58,620 --> 00:43:02,010
this is about? And then it's
just just spinning wheels. It's

767
00:43:02,040 --> 00:43:07,410
unnecessary and stupid. He had
the the cute little video that

768
00:43:07,410 --> 00:43:09,540
he had with Ballmer, where
they're driving around, you

769
00:43:09,540 --> 00:43:14,070
know, with a, with a Casio song,
the tu tu tu tu tu tu. Remember

770
00:43:14,070 --> 00:43:17,580
that one? Yeah. Yeah. So he
already did his kind of like,

771
00:43:17,580 --> 00:43:20,730
goofy thing. And he's done some
goofy things throughout his

772
00:43:20,730 --> 00:43:23,970
tenure at Microsoft. And he's
not even at Microsoft anymore.

773
00:43:23,970 --> 00:43:24,660
Isn't he gone?

774
00:43:25,710 --> 00:43:29,400
Yeah, right. That's what I keep
saying every time he keeps

775
00:43:29,400 --> 00:43:32,910
cropping up, they would do they
ran all these retirement stories

776
00:43:32,910 --> 00:43:36,360
about him for a good month
before he was quote, unquote,

777
00:43:36,360 --> 00:43:39,360
retired. Well, I can make can
stay retired. I mean, what was

778
00:43:39,360 --> 00:43:41,400
the point of all these media
people falling all over

779
00:43:41,400 --> 00:43:44,340
themselves or writing stories
about Bill Gates his retirement

780
00:43:44,460 --> 00:43:48,060
End of an Era blah, blah, blah,
blah. And meanwhile, he's still

781
00:43:48,060 --> 00:43:48,600
there.

782
00:43:49,740 --> 00:43:52,740
Yeah. Yeah,

783
00:43:52,740 --> 00:43:57,390
I don't know. But it wasn't
funny. And the story was, it was

784
00:43:58,470 --> 00:44:02,340
embedded was like a toe curling,
you know, just like, just

785
00:44:02,340 --> 00:44:03,120
embarrassing.

786
00:44:04,140 --> 00:44:07,920
This looks like Seinfeld's faxed
his performance in.

787
00:44:08,790 --> 00:44:12,090
Well, you got to wonder about
him and the relationship between

788
00:44:12,090 --> 00:44:17,400
him and I was the guy you'd like
so much. I think is probably the

789
00:44:17,400 --> 00:44:21,600
real, the real brains behind the
Seinfeld series. What's his

790
00:44:21,600 --> 00:44:25,260
name? You watch your show? Larry
David, Larry David. Yeah.

791
00:44:26,190 --> 00:44:30,090
I actually find Larry David. I
liked Larry David. I know hard

792
00:44:30,090 --> 00:44:31,350
to deal with them. Oh, no. I

793
00:44:31,350 --> 00:44:32,490
thought you'd like to show to

794
00:44:33,060 --> 00:44:35,790
lightly I like it. Certain ones
of the show. I mean, certain

795
00:44:35,790 --> 00:44:38,040
there are certain episodes like
the dead. I think he had some of

796
00:44:38,040 --> 00:44:39,810
the dead relatives show was
good. I mean, he has

797
00:44:39,990 --> 00:44:43,560
occasionally but it makes the
problem with the show is it's

798
00:44:43,560 --> 00:44:47,580
not really written. It's ad
libbed. It's a throw. It's like

799
00:44:47,610 --> 00:44:52,410
our show. You know, if you don't
like listening to guys, just go

800
00:44:52,470 --> 00:44:54,270
you know, talk about whatever
they feel like.

801
00:44:55,830 --> 00:44:58,410
You are definitely not going to
be diggin this show.

802
00:44:59,730 --> 00:45:03,720
But That's kind of what his show
is like, and I find it. It's

803
00:45:03,720 --> 00:45:09,330
lack of structure to be
bothersome. Yeah. But I like

804
00:45:09,330 --> 00:45:12,630
him. I mean, I know he's the
genius behind the Seinfeld show.

805
00:45:12,750 --> 00:45:14,640
Well, that's what that's what I
mean, I think that, you know,

806
00:45:14,640 --> 00:45:17,550
Seinfeld, although he had, you
know, look, he has a certain

807
00:45:17,550 --> 00:45:20,460
type of humour stand up as a
certain you'll observational

808
00:45:20,460 --> 00:45:25,920
humour, things that make you go
hmm. Which is you know, and I

809
00:45:25,920 --> 00:45:28,530
think that's what he's really
good at writing, but then coming

810
00:45:28,530 --> 00:45:31,530
to the basically a commercial
about nothing, because I think

811
00:45:31,530 --> 00:45:33,450
that's what they're, you know,
that's what they're going for. I

812
00:45:33,450 --> 00:45:35,790
can just hear the phone call,
you know, yeah, let's do a

813
00:45:35,790 --> 00:45:38,970
commercial about nothing. But
the payoff, it'll be about

814
00:45:39,000 --> 00:45:41,940
VISTA. And I'll shake my booty.

815
00:45:42,569 --> 00:45:45,989
Oh, they never had a logo for
VISTA. They never show what the

816
00:45:45,989 --> 00:45:49,049
commercials about. It was just
like a typical, you know, if

817
00:45:49,049 --> 00:45:51,059
there was a commercial for
anything. It was a commercial

818
00:45:51,059 --> 00:45:56,549
for vaporware, you know, or
false promises. Or, you know,

819
00:45:57,299 --> 00:45:59,549
very end there's a there's a
Microsoft logo isn't there? I

820
00:45:59,549 --> 00:46:00,179
thought that it went to

821
00:46:01,230 --> 00:46:03,960
Microsoft logo at the end,
right? It not only that, but

822
00:46:03,960 --> 00:46:05,010
it's a small one.

823
00:46:05,190 --> 00:46:08,700
Right? So it's, it's just a
brand thing. Did the stock move?

824
00:46:08,700 --> 00:46:12,750
Did anything happen? I doubt it.
But who knows? Who knows, maybe

825
00:46:12,750 --> 00:46:13,710
it should have tanked.

826
00:46:14,400 --> 00:46:17,820
I didn't say move up or up or
down. I didn't move.

827
00:46:20,040 --> 00:46:23,640
I'd be shy be heading for, as I
like to say, I'd be heading for

828
00:46:23,640 --> 00:46:24,420
the exits.

829
00:46:26,100 --> 00:46:29,610
Oh my god, that it totally is
weird.

830
00:46:30,000 --> 00:46:30,630
I agree.

831
00:46:33,690 --> 00:46:36,180
Well, it's definitely into the
category of what are they

832
00:46:36,180 --> 00:46:40,140
thinking? Yeah. Which actually
shocked me, I thought they would

833
00:46:40,140 --> 00:46:42,750
at least have something that
was, you know, promoting a

834
00:46:42,750 --> 00:46:45,330
product or selling something.

835
00:46:45,510 --> 00:46:48,690
There's one thing I wanted to
say about a continuing theme on

836
00:46:48,690 --> 00:46:55,320
twit that I heard came up again
last week. And I hope one day

837
00:46:55,350 --> 00:46:58,500
I'll be invited onto the show.
So I can actually, you know,

838
00:46:58,500 --> 00:47:03,360
talk about it as well. How do
these guys and this is about the

839
00:47:03,360 --> 00:47:06,900
bandwidth metering and I'm
completely with you on just

840
00:47:06,930 --> 00:47:10,170
metre, it doesn't mean that it
has to be a bazillion dollars,

841
00:47:10,170 --> 00:47:13,680
you know, it should be able to
be metered in a in a reasonable,

842
00:47:13,980 --> 00:47:18,450
you know, reasonable cost. But
the there's such a huge

843
00:47:18,450 --> 00:47:20,610
misunderstanding, I think
there's enough smart people on

844
00:47:20,610 --> 00:47:23,940
that conversation, he's time
this comes up, that it is not

845
00:47:23,940 --> 00:47:30,000
free. The amount the speed, and
the amount is it's not the same

846
00:47:30,000 --> 00:47:36,390
thing. So you know, when you
have people downloading 50

847
00:47:36,390 --> 00:47:40,860
gigabytes of data of movies or
whatever, on a daily basis, at a

848
00:47:40,860 --> 00:47:43,830
certain point, you have to get a
bigger router. You know, this

849
00:47:43,830 --> 00:47:46,680
costs real money, these millions
and millions of dollars for

850
00:47:46,680 --> 00:47:50,580
these big machines that sit
there at at these exchanges and

851
00:47:50,580 --> 00:47:55,470
that pass off traffic to an ISPs
members, how come that is so

852
00:47:55,470 --> 00:47:57,090
poorly understood by that group.

853
00:47:58,410 --> 00:48:01,140
It's baffling. But not only
that, but every time I bring it

854
00:48:01,140 --> 00:48:05,490
up, I get a slew of hate mail.
And Twitter's from people saying

855
00:48:05,490 --> 00:48:09,450
Eric and you're full of crap. It
you know, and just like I

856
00:48:09,450 --> 00:48:13,740
basically even though I maintain
this position, but I've been, as

857
00:48:13,740 --> 00:48:16,500
I mentioned, I think on a cranky
geeks recently, I've been

858
00:48:16,500 --> 00:48:20,400
maintaining the same position
for the last decade. And this is

859
00:48:20,400 --> 00:48:23,940
not a new argument with me.
Right. But nobody wants to you

860
00:48:23,940 --> 00:48:26,610
know, I mean, it's a foregone
conclusion that the one thing

861
00:48:26,610 --> 00:48:29,190
that's changing is at least
people are agreeing that's

862
00:48:29,190 --> 00:48:31,470
probably going to happen
someday, whether we like it or

863
00:48:31,470 --> 00:48:34,710
not, right, that we're gonna
have to meet or the net, but ya

864
00:48:34,710 --> 00:48:36,540
know, that there's two
assumptions that seem to be

865
00:48:36,540 --> 00:48:39,420
underlying the argument against
it. One, if you meet her the

866
00:48:39,420 --> 00:48:41,610
net, your bill is gonna go
skyrocket?

867
00:48:42,120 --> 00:48:44,640
Well, let's see. But that's
that's my assumption, you're

868
00:48:44,820 --> 00:48:48,090
gonna go down? Absolutely.
Because finally, you'll just be

869
00:48:48,090 --> 00:48:51,000
paying for what you're really
using what people I mean, John,

870
00:48:51,000 --> 00:48:54,600
you and I were there. In the
early days, when, you know,

871
00:48:54,600 --> 00:48:57,780
knocks would get filled up and
transit lines, were bursting at

872
00:48:57,780 --> 00:49:01,080
the seams and the whole fucking
thing came to a crawl, the whole

873
00:49:01,080 --> 00:49:05,430
net would slow down. And this
was built with Okay, granted,

874
00:49:05,460 --> 00:49:08,520
all these telcos got subsidised
and they stole that money and

875
00:49:08,520 --> 00:49:11,100
didn't actually build out the
infrastructure properly. And

876
00:49:11,100 --> 00:49:14,550
just throw it into marketing of
free for all come at all you can

877
00:49:14,550 --> 00:49:19,380
eat mean, yeah, a lot, a lot one
wrong there. But it does

878
00:49:19,380 --> 00:49:22,050
actually cost money. If people
are consuming more bandwidth.

879
00:49:22,050 --> 00:49:26,070
It's not the speed or the soul
or the perceived size of the

880
00:49:26,070 --> 00:49:29,550
pipe. That's the real deal that
that's not what it's coming

881
00:49:29,550 --> 00:49:32,190
from. It's all these Exchange,
or they're less and less now.

882
00:49:32,190 --> 00:49:35,190
But as the exchanges, the
peering agreements between them,

883
00:49:35,430 --> 00:49:38,070
the the cost of transit where
you don't have a pairing

884
00:49:38,070 --> 00:49:41,340
agreement, that's real money
that has to be paid there. And

885
00:49:41,340 --> 00:49:45,360
it's for equipment, you know,
big, big big routers, switches,

886
00:49:45,360 --> 00:49:48,300
big machines, I've built a
knock. I know what goes into

887
00:49:48,300 --> 00:49:52,260
this, and I'm just astounded at
this conversation that comes up

888
00:49:52,260 --> 00:49:53,790
every month at least once.

889
00:49:54,359 --> 00:49:56,759
Yeah, well, the other thing is,
of course, you can also have you

890
00:49:56,759 --> 00:50:01,679
pass traffic through the big
giant sites like may Easter Mae

891
00:50:01,679 --> 00:50:04,259
West to big government sites,
you actually have to pay to go

892
00:50:04,259 --> 00:50:06,089
in and out and you have to pay
by the bid.

893
00:50:06,150 --> 00:50:10,260
Yes, yeah, hell yeah. But I can
already predict what's going to

894
00:50:10,260 --> 00:50:16,230
happen. I mean, it's so clear to
me that the big ISPs, the big

895
00:50:16,230 --> 00:50:19,710
networks, they're going to start
acquiring content into their

896
00:50:19,710 --> 00:50:23,910
networks, it'll be available
outside, but even just acquiring

897
00:50:23,940 --> 00:50:28,320
so if you have popular content,
for them to get that content,

898
00:50:28,320 --> 00:50:32,220
there's a cost, it may not
always be an actual, out of

899
00:50:32,220 --> 00:50:36,810
pocket cost. It can be in in a
peering agreement, or some other

900
00:50:36,810 --> 00:50:40,290
kind of agreement that you know,
set up between networks, but

901
00:50:40,290 --> 00:50:43,560
eventually, it's just going to
be cheaper to them, without even

902
00:50:43,560 --> 00:50:45,930
charging their customers
anything to just bring it inside

903
00:50:45,930 --> 00:50:48,930
their network or expand their
network and make that big,

904
00:50:48,930 --> 00:50:51,330
right? I don't see that
happening across the board. But

905
00:50:51,330 --> 00:50:54,450
they're just going to have to go
to that model. So they're gonna

906
00:50:54,450 --> 00:51:02,040
start acquiring these big, you
know, big content aggregators,

907
00:51:02,040 --> 00:51:04,770
or providers, or wherever
servers, are they, I think

908
00:51:04,770 --> 00:51:07,500
they're going to want them
inside their networks. Now, will

909
00:51:07,500 --> 00:51:10,920
they actually know what to do
with them? Probably not. Other

910
00:51:10,920 --> 00:51:13,500
than Hey, it's at least it's
saving us money because it's

911
00:51:13,500 --> 00:51:15,810
gonna have to come from both
ends. It can't just come from

912
00:51:15,810 --> 00:51:16,560
the customers

913
00:51:17,220 --> 00:51:21,780
but some point IPTV I mean, it's
like you know, I It's like

914
00:51:21,810 --> 00:51:23,430
internet telephony. Well,

915
00:51:23,580 --> 00:51:26,910
you brought this up and you
know, Comcast already

916
00:51:26,940 --> 00:51:31,350
essentially does IPTV I mean, a
Comcast cable box is not

917
00:51:31,350 --> 00:51:34,320
receiving an analogue signal is
receiving a digital signal so

918
00:51:34,320 --> 00:51:36,000
it's already IPTV

919
00:51:37,920 --> 00:51:42,630
right but that's the the cable
I'm not even I'm not sure that's

920
00:51:42,630 --> 00:51:47,880
true. But but the point is, is
that people like Comcast will

921
00:51:47,880 --> 00:51:53,490
have a selection of what will
amount to IPTV television that

922
00:51:53,490 --> 00:51:57,630
they can meet or in you know,
I'm not metered the IPTV stuff

923
00:51:57,630 --> 00:52:01,740
but they can they can segment
off like the premium stuff so

924
00:52:01,740 --> 00:52:05,640
you can you know, order HBO
movie or whatever. In fact, they

925
00:52:05,640 --> 00:52:09,000
have all this pay per view crap,
now, all over the place,

926
00:52:09,150 --> 00:52:11,610
but he's got it and that's
that's really just interface and

927
00:52:11,610 --> 00:52:12,840
it's the same thing, you know,

928
00:52:12,870 --> 00:52:18,690
but But true IPTV it seems to me
is an open network. Yeah, you

929
00:52:18,690 --> 00:52:21,030
can subscribe to all those
channels from your Comcast.

930
00:52:21,030 --> 00:52:23,040
Well, you should be able to also
go to Sweden,

931
00:52:23,460 --> 00:52:26,940
but isn't isn't isn't IPTV, then
exactly what MVNO is doing,

932
00:52:26,970 --> 00:52:29,520
aren't we in essence than an
IPTV provider?

933
00:52:31,170 --> 00:52:33,600
Well, I think everybody who
sends stuff over the net is an

934
00:52:33,600 --> 00:52:36,120
IPTV provider but that but
you're but this stuff is that

935
00:52:36,120 --> 00:52:38,610
media is doing is designed to be
looked at on a computer, it's

936
00:52:38,610 --> 00:52:43,050
not designed to be looked at it
on a TV, which is what the TV is

937
00:52:43,050 --> 00:52:47,010
in right PTV. Correct. And
that's what I'm talking about

938
00:52:47,010 --> 00:52:47,190
when

939
00:52:47,190 --> 00:52:51,330
we're I think that that will
never actually work, it will,

940
00:52:51,420 --> 00:52:54,150
and it was going to happen is
going to be I'm going to be able

941
00:52:54,150 --> 00:52:57,900
to sit here, in fact, I think is
not that far from being

942
00:52:57,900 --> 00:53:00,810
implemented. But actually, in
Asia, it's already implemented.

943
00:53:00,990 --> 00:53:03,930
But I should be able to sit
here, I should be the same

944
00:53:03,930 --> 00:53:07,200
Swedish. And I moved to San
Francisco, and I want to keep

945
00:53:07,200 --> 00:53:11,250
watching my channels in Sweden,
I should be able to go on the

946
00:53:11,250 --> 00:53:15,330
computer and then say, I want to
subscribe to you know, whatever

947
00:53:15,330 --> 00:53:20,100
channels the Swedes have, and
and it should be able to go and

948
00:53:20,100 --> 00:53:22,530
it should be able to open up a
connection and then I should be

949
00:53:22,530 --> 00:53:25,050
able to watch it on my regular
television set. Just as I was in

950
00:53:25,050 --> 00:53:25,710
school. You don't have

951
00:53:25,710 --> 00:53:28,110
a technically Yeah, but where's
the business model? There's,

952
00:53:28,140 --> 00:53:30,630
there's no, no way to do sales
on that. So you have

953
00:53:30,630 --> 00:53:33,900
to pay for it. Yeah, you have to
pay for it. Right. So

954
00:53:33,900 --> 00:53:38,460
what So this is, thank you very
much. So to see the Swedish Chef

955
00:53:38,490 --> 00:53:41,250
cooking show, which of course,
is the only thing of any value

956
00:53:41,250 --> 00:53:43,950
you're gonna get, for God's
sake, anything of any value

957
00:53:43,950 --> 00:53:47,250
you're gonna get from this
wonderful IPTV setup you have in

958
00:53:47,250 --> 00:53:49,860
your living room, you're gonna
have to wind up paying, you

959
00:53:49,860 --> 00:53:53,940
know, 299 to watch an episode.
And we know that's not going to

960
00:53:53,940 --> 00:53:57,630
work. It's Oh, it'll work. But
it's not going to sustain the

961
00:53:57,660 --> 00:54:00,870
production necessary to create
that type of programming.

962
00:54:01,080 --> 00:54:05,130
I'm not convinced to that. And
I'll tell you why. And a friend

963
00:54:05,130 --> 00:54:08,760
of mine, who I've used as the
model for discussion about

964
00:54:08,760 --> 00:54:14,880
Georgia, who are from Russia,
and actually from Georgia, I

965
00:54:14,910 --> 00:54:17,310
would go over their house once
in a while and they have the

966
00:54:17,310 --> 00:54:21,690
Dish Network like I do, they get
the same dish and everything and

967
00:54:22,230 --> 00:54:24,510
they're already paying, that's
where they're paying for it. So

968
00:54:24,510 --> 00:54:27,690
that's done. So they're the
business model is clear. That's

969
00:54:27,690 --> 00:54:30,030
the whole problem. But that's
because you're paying for the

970
00:54:30,030 --> 00:54:31,440
hardware. So

971
00:54:31,650 --> 00:54:33,990
how they're paying I don't know
the hardware is free. It's the

972
00:54:33,990 --> 00:54:35,340
monthly charge. That's

973
00:54:36,270 --> 00:54:38,940
for the whole setup. So you're
paying a subscription fee. So

974
00:54:39,450 --> 00:54:43,020
the way it works is the Swedish
company is getting paid a

975
00:54:43,020 --> 00:54:45,990
monthly fee from the Dish
Network. And the Dish Network

976
00:54:45,990 --> 00:54:48,570
goes and tries to sell that to
their customers. When you're

977
00:54:48,570 --> 00:54:52,320
talking IPTV I just don't see
that model, John, I don't see

978
00:54:52,350 --> 00:54:56,610
enough revenue to actually
create that kind of product and

979
00:54:56,640 --> 00:55:00,960
to be able to create five to
eight minutes of An online

980
00:55:01,530 --> 00:55:03,840
episodic show, it's

981
00:55:03,870 --> 00:55:07,530
it's so hard to watch it, but
it's a job already produced.

982
00:55:08,370 --> 00:55:10,710
It's local television from
Stockholm.

983
00:55:11,490 --> 00:55:15,570
Okay, so then what centrally is
like humbling box? How many

984
00:55:15,570 --> 00:55:19,710
gigs? Is that going to be? To
watch that? In good definition?

985
00:55:19,740 --> 00:55:22,890
You probably want HD why the
hell not? And we're gonna go

986
00:55:22,890 --> 00:55:26,220
there eventually in your
scenario. So how many? How many

987
00:55:26,220 --> 00:55:27,330
gigs is that going to be?

988
00:55:28,110 --> 00:55:30,870
See, HD half hour should be
around seven gigs,

989
00:55:30,900 --> 00:55:35,250
seven gigs, right? So if these
guys at this at this Swedish

990
00:55:35,760 --> 00:55:39,720
state run television are going
to send that to you, it's

991
00:55:39,720 --> 00:55:42,360
probably going to cost them a
couple bucks and transfer cost.

992
00:55:44,190 --> 00:55:45,240
I'll pay two bucks.

993
00:55:45,810 --> 00:55:46,980
It's not going to be enough.

994
00:55:48,000 --> 00:55:49,590
It's gotta be a no, do

995
00:55:49,590 --> 00:55:52,890
you know what normal CDN prices
are? Before you get into huge

996
00:55:52,890 --> 00:55:56,040
volume, we're in huge volume,
we've driven that shit down to a

997
00:55:56,040 --> 00:55:59,130
nice, nice level, which is, I
mean, actually a very good

998
00:55:59,130 --> 00:56:01,860
level. It's so good. I'm not
even allowed to talk about it,

999
00:56:01,920 --> 00:56:05,700
according to our contract. But
most people if they can get

1000
00:56:05,700 --> 00:56:10,470
below 40 cents a gigabyte,
they're doing really good. So

1001
00:56:10,500 --> 00:56:15,600
you're talking three bucks right
there. Just to send it out.

1002
00:56:23,100 --> 00:56:23,880
Exactly.

1003
00:56:24,510 --> 00:56:27,960
Well, here's another thing
that's going on. I was talking

1004
00:56:27,960 --> 00:56:31,380
to the guy who was responsible
for I have to get his name,

1005
00:56:31,380 --> 00:56:35,610
again, is famous internet
architect who's actually

1006
00:56:35,610 --> 00:56:39,210
responsible for all the
congestion algorithms that we

1007
00:56:39,210 --> 00:56:43,830
use. Okay. He says that there's
a model out there that they're

1008
00:56:43,830 --> 00:56:47,550
working on, it works as follows.
He said, He says there's no

1009
00:56:47,550 --> 00:56:51,660
reasons right now the problem
which you describe, adequately,

1010
00:56:52,110 --> 00:56:57,660
is not workable. In other words,
why should me the provider of

1011
00:56:57,660 --> 00:57:03,930
the of the 27 gigabytes of
content have to send and say we

1012
00:57:03,930 --> 00:57:07,650
have two customers, John and
Adam, why do I have to send a

1013
00:57:07,650 --> 00:57:11,370
copy to you write on a request
and then send another copy,

1014
00:57:11,370 --> 00:57:11,730
right, you're

1015
00:57:11,730 --> 00:57:14,280
about you're about, you're about
to invent peer to peer

1016
00:57:14,280 --> 00:57:17,850
networking and the proxy scheme,
because I've looked at all of

1017
00:57:17,850 --> 00:57:21,300
this. That's exactly what all
these huge proxy server ideas

1018
00:57:21,300 --> 00:57:24,180
were about, and they just never
came to fruition. It's never

1019
00:57:24,180 --> 00:57:26,220
really happened. But you're
absolutely right, what should

1020
00:57:26,220 --> 00:57:30,030
happen is, the content from the
Swedish Chef should be sent over

1021
00:57:30,030 --> 00:57:33,870
to Comcast, and Comcast stores
that there and puts it into it,

1022
00:57:33,870 --> 00:57:36,150
this is what they're working on.
This is how this is the only way

1023
00:57:36,150 --> 00:57:38,730
it's going to work in their
model. I'm not saying I love it,

1024
00:57:39,030 --> 00:57:41,580
but the only way they know how
to do business. And they're

1025
00:57:41,580 --> 00:57:44,250
going to start acquiring that
and presenting it to you in a

1026
00:57:44,250 --> 00:57:47,820
different way, in their own way.
Because it can't actually and

1027
00:57:47,820 --> 00:57:51,210
it's not even a copyright thing.
It's just an economics thing.

1028
00:57:52,410 --> 00:57:56,250
And by the way, these guys, I
don't know if they still do. But

1029
00:57:56,730 --> 00:58:01,830
in the early days of the web man
proxy servers, who remember how

1030
00:58:01,830 --> 00:58:04,560
much trouble they were, because
everyone had him to try and cut

1031
00:58:04,560 --> 00:58:08,700
down on bandwidth. Yeah, they
didn't work. And and you know,

1032
00:58:08,700 --> 00:58:11,160
you'd wait and then you'd have
to call it Hey, man, can you

1033
00:58:11,160 --> 00:58:14,100
blow out the proxy? Because I
got to refresh this page for

1034
00:58:14,100 --> 00:58:14,820
presentation.

1035
00:58:18,300 --> 00:58:21,360
Yeah, we actually have the some
of the kits, like, it's like

1036
00:58:21,360 --> 00:58:25,650
that WordPress cache that we
play around with, you have to do

1037
00:58:25,650 --> 00:58:29,640
use it once in a while, because
you get too many hits and having

1038
00:58:29,640 --> 00:58:33,660
to redesign it, having to send
out a page on every request of

1039
00:58:33,660 --> 00:58:37,560
all these. It'd be better if you
just had this one thing, boom,

1040
00:58:37,560 --> 00:58:40,110
boom, boom. So anyway, I know
there's there. Yeah. Well,

1041
00:58:40,110 --> 00:58:43,020
that's because yeah, there's
there's problems. I'm not saying

1042
00:58:43,020 --> 00:58:46,350
I mean, if if IPTV was a no
brainer, we'd be getting IPTV.

1043
00:58:46,680 --> 00:58:50,310
No, but the thing is, John, I'm
telling you, it's it, not only

1044
00:58:50,310 --> 00:58:53,670
is it a no brainer, it's a no
non starter. It's not about the

1045
00:58:53,670 --> 00:58:56,430
technology, we've got the
technology, we've got the

1046
00:58:56,430 --> 00:58:59,100
technology for the programme,
and we've got the programming,

1047
00:58:59,340 --> 00:59:03,480
it's there to there is no way to
connect all those bits into a

1048
00:59:03,480 --> 00:59:08,550
viable business model at scale.
Right. So that you can actually

1049
00:59:08,910 --> 00:59:11,970
sustain that type of
programming. Because you know,

1050
00:59:11,970 --> 00:59:15,210
and even if it's if it's an
additional just sending it out,

1051
00:59:15,240 --> 00:59:17,430
is you know that that's a
logistical nightmare.

1052
00:59:17,880 --> 00:59:21,030
Well, you yourself just said
Comcast is doing that already.

1053
00:59:21,780 --> 00:59:24,210
Well, that will I know, I said,
I think that they're probably

1054
00:59:24,210 --> 00:59:26,970
still doing some proxying. But I
don't know if they do it on a

1055
00:59:26,970 --> 00:59:29,850
large files. In fact, I don't
know if that's done anymore at

1056
00:59:29,850 --> 00:59:32,520
all, because it may just be
prohibitive. I don't know, maybe

1057
00:59:32,520 --> 00:59:34,650
the amount of data is too
productive, too prohibitive to

1058
00:59:34,650 --> 00:59:38,070
even set up proxy servers. For
the for the media assets that

1059
00:59:38,070 --> 00:59:39,900
we're downloading these days.
It's huge.

1060
00:59:40,230 --> 00:59:42,720
We're gonna have a bunch of
people writing in well, yeah, by

1061
00:59:42,720 --> 00:59:43,500
the way, please.

1062
00:59:44,460 --> 00:59:47,130
For the hate mail, you're
writing to me right now, this is

1063
00:59:47,130 --> 00:59:49,860
not like I actually want it to
be this way. I'm just saying

1064
00:59:49,860 --> 00:59:52,950
this is what I see happening.
You know, and maybe we'll even

1065
00:59:52,950 --> 00:59:56,940
get to a scenario where it'll be
like, you know, very analogous

1066
00:59:56,940 --> 00:59:59,670
to the to the phone providers
where you're going to get you if

1067
00:59:59,670 --> 01:00:04,350
you hook Up to a certain
network, you'll get a certain

1068
01:00:04,350 --> 01:00:06,840
package and it'll come with the
they're gonna do it, they're

1069
01:00:06,840 --> 01:00:11,880
gonna do the content packages
you watch. It's just not

1070
01:00:11,880 --> 01:00:13,380
sustainable for them anymore.

1071
01:00:16,560 --> 01:00:20,730
All I know is that there's gonna
be a way of my like the, like

1072
01:00:20,730 --> 01:00:24,510
the woman who watches Russian
television. They get like 10

1073
01:00:24,510 --> 01:00:27,240
channels off the dish, and they
have a different menu. I don't

1074
01:00:27,240 --> 01:00:29,400
know. I mean, it's I'm looking
at this going, Wow, this is not

1075
01:00:29,400 --> 01:00:31,680
even doesn't even look like my
work that but

1076
01:00:31,920 --> 01:00:35,490
but think of how beautiful that
distribution is. It's one

1077
01:00:35,490 --> 01:00:38,730
uplink. And everyone can
download it basically, from the

1078
01:00:38,730 --> 01:00:41,730
satellite. It's not it's a very
different type of distribution

1079
01:00:41,730 --> 01:00:45,870
mechanism. It's also not cheap,
by the way to sustain that, but

1080
01:00:45,990 --> 01:00:50,670
it's doable. At least it's, you
know, there's no real, I don't

1081
01:00:50,670 --> 01:00:53,250
think there's well, you run out
of channels. So there is a set

1082
01:00:53,250 --> 01:00:55,500
amount of channels you can
utilise there is a bandwidth

1083
01:00:55,500 --> 01:01:00,390
issue. But it's for the total
offering and not incremental,

1084
01:01:00,390 --> 01:01:05,760
per, per new audience member.
That's really what it's about

1085
01:01:05,760 --> 01:01:10,560
this, this is the thing that
people really don't see. And I

1086
01:01:10,560 --> 01:01:12,930
think Google will do it, too. I
think Google is totally gonna go

1087
01:01:12,930 --> 01:01:16,500
into the content business, which
is going to really mess with

1088
01:01:16,500 --> 01:01:18,990
their current business model.
But they're going to figure it

1089
01:01:18,990 --> 01:01:22,560
out. And I think they probably
have enough money to do that.

1090
01:01:22,560 --> 01:01:25,800
But maybe they'll do it during
this recession, that they're

1091
01:01:25,800 --> 01:01:28,710
gonna get into content, I'm sure
of it. Because they've got the

1092
01:01:28,710 --> 01:01:30,930
distribution, they've got a
fantastic distribution

1093
01:01:30,930 --> 01:01:31,500
mechanism.

1094
01:01:33,840 --> 01:01:35,910
Well, I don't have any doubt
they're going to door that I

1095
01:01:35,910 --> 01:01:38,550
know they're thinking about it.
But you know, the problem is

1096
01:01:38,550 --> 01:01:41,280
they have to go look at Yahoo,
who's been toying with content

1097
01:01:41,280 --> 01:01:45,150
for 20 years. And you know, they
it's just a joke.

1098
01:01:45,990 --> 01:01:48,840
I think even if they could, they
could figure out how to get the

1099
01:01:48,840 --> 01:01:52,470
Swedish cooking show. Effective
cost effectively to people, I

1100
01:01:52,470 --> 01:01:55,440
think even that will make them
the winner. They don't even have

1101
01:01:55,440 --> 01:01:57,570
to have a business model. Just
make it cheaper to actually

1102
01:01:57,570 --> 01:02:04,890
distributed. They're all going
to go already going to win. Now,

1103
01:02:04,890 --> 01:02:05,520
what are you doing?

1104
01:02:06,900 --> 01:02:12,990
I'm chewing on pistachios.
Alright, enough of this. All

1105
01:02:12,990 --> 01:02:16,170
right. I'm gonna have to rethink
the whole thing about Hillary

1106
01:02:16,170 --> 01:02:16,650
Clinton.

1107
01:02:17,460 --> 01:02:18,750
She's dropped off the radar.

1108
01:02:19,590 --> 01:02:21,900
Yeah, because she's gonna do
what she has in the background

1109
01:02:21,900 --> 01:02:22,740
to sink Obama.

1110
01:02:23,550 --> 01:02:24,780
You think she's really doing
that?

1111
01:02:25,410 --> 01:02:28,530
I don't know. What do you think?
Tell me what's your chances of

1112
01:02:28,530 --> 01:02:31,410
ever becoming the president
united states if Obama wins?

1113
01:02:32,490 --> 01:02:37,110
Hillary Clinton? Yeah. No, the
only chance of her becoming

1114
01:02:37,110 --> 01:02:39,840
president of the United States?
Well, there's no chance

1115
01:02:39,840 --> 01:02:41,790
Actually, no, there's

1116
01:02:41,790 --> 01:02:43,080
one long shot chance

1117
01:02:43,110 --> 01:02:46,560
with one long shot chances.
Obama is eliminated before the

1118
01:02:46,590 --> 01:02:49,470
before the general election,
which would make her the I think

1119
01:02:49,470 --> 01:02:49,920
the default

1120
01:02:50,850 --> 01:02:53,310
candidate, he's that's not going
to happen. Just

1121
01:02:53,700 --> 01:02:55,110
the only scenario I can see.

1122
01:02:56,160 --> 01:03:00,060
Well, the other scenario is that
a McCain wins. And he's a one

1123
01:03:00,060 --> 01:03:03,720
term president, and she runs in
2012. And then she's, you know,

1124
01:03:03,750 --> 01:03:05,010
get the job.

1125
01:03:06,300 --> 01:03:09,660
Possible. Possible.

1126
01:03:10,170 --> 01:03:14,580
But if if, if Obama wins, he's
going to whether he does a

1127
01:03:14,580 --> 01:03:17,130
crappy job or a good job doesn't
make any difference, because

1128
01:03:17,130 --> 01:03:20,010
he's going to be the selected.
He's going to be the candidate

1129
01:03:20,010 --> 01:03:23,550
in 2012. I mean, the last time
the Democrats had the situation

1130
01:03:23,550 --> 01:03:27,090
when Jimmy Carter was in for one
term, and then he came when he

1131
01:03:27,090 --> 01:03:29,610
came to the convention, Ted
Kennedy tried to bump them off

1132
01:03:29,610 --> 01:03:33,060
the ticket the way Hillary would
have to do with Obama, because

1133
01:03:33,060 --> 01:03:37,020
he was doing such a crappy job.
And it was not effective. He

1134
01:03:37,020 --> 01:03:40,380
still didn't get on, and they
ran Carter again. And he lost a

1135
01:03:40,380 --> 01:03:42,780
Reagan, and that's what you
know, would show Hillary know,

1136
01:03:42,780 --> 01:03:46,170
she's out, you know, at least
eight years from today. And

1137
01:03:46,170 --> 01:03:49,170
she's not going to get in and
20, you know, 16, or whatever

1138
01:03:49,170 --> 01:03:54,330
the next one is after that. So
she has to submarine Obama's

1139
01:03:54,330 --> 01:03:56,490
campaign if she wants to be
president, if she doesn't want

1140
01:03:56,490 --> 01:04:00,300
to be president, which seems
unlikely that she'll help him

1141
01:04:00,300 --> 01:04:01,770
but she's like, not going to
help him.

1142
01:04:01,859 --> 01:04:04,469
I can't believe we're already
talking about the 2012 election.

1143
01:04:05,309 --> 01:04:05,729
I might

1144
01:04:05,730 --> 01:04:06,270
as well

1145
01:04:07,170 --> 01:04:11,490
2008 yet. Man, that's

1146
01:04:11,970 --> 01:04:13,950
because it's gonna get
interesting. Now. We got two

1147
01:04:13,950 --> 01:04:18,930
months of dirty politics ahead
of us. It's gonna be really, I

1148
01:04:18,930 --> 01:04:22,740
think it's gonna be just a lot
of mudslinging. And a couple of

1149
01:04:22,740 --> 01:04:25,140
debates. I think there's three
debates scheduled, maybe for

1150
01:04:25,440 --> 01:04:27,630
Wally one for the Vice
President, which will be the one

1151
01:04:27,630 --> 01:04:30,750
that packs them in. Because
everyone wants to see, you know,

1152
01:04:30,750 --> 01:04:33,720
if this woman can, you know, and
Joe Biden can have a fight,

1153
01:04:34,260 --> 01:04:36,090
because it'd be funny. Well, and

1154
01:04:36,150 --> 01:04:40,950
I want to interrupt you, so I
totally agree. And I think but I

1155
01:04:40,950 --> 01:04:43,440
think it's being orchestrated
for different reasons. I think

1156
01:04:43,440 --> 01:04:45,750
we are going to see a great two
months it's going to be

1157
01:04:45,750 --> 01:04:48,570
fantastic television, there's
going to be a lot of cat

1158
01:04:48,570 --> 01:04:53,730
fighting and one liners and some
awesome we know that McCain has

1159
01:04:53,730 --> 01:04:56,910
some writers now so we can
expect some and surely some of

1160
01:04:56,910 --> 01:05:00,330
that stuff that Palin had was
written I mean, it was coming On

1161
01:05:00,630 --> 01:05:03,960
the difference between pit bull
and a hockey mom lipstick, I

1162
01:05:03,960 --> 01:05:08,040
mean, great lines. And I think
we're just going to have a lot

1163
01:05:08,040 --> 01:05:12,900
more of that because at all
cost. We do not want to be

1164
01:05:12,900 --> 01:05:18,330
looking at Wall Street or any
there's no warships over here in

1165
01:05:18,330 --> 01:05:22,050
the Black Sea just keep on
enjoying the show folks. Just

1166
01:05:22,050 --> 01:05:26,070
keep on one lucky name that
Sarah Palin cute everybody Hey.

1167
01:05:28,380 --> 01:05:32,580
Yeah, well, there's obviously
elements of that or she

1168
01:05:32,580 --> 01:05:36,300
meanwhile Cheney and Bush get to
be stirring up trouble.

1169
01:05:36,330 --> 01:05:39,060
They didn't even show up man
Bush Bush calls and he doesn't

1170
01:05:39,060 --> 01:05:44,430
fucking video conference. And
Colin Powell didn't show up. And

1171
01:05:44,460 --> 01:05:46,920
Cheney didn't show up. Of
course, he was, you know, out

1172
01:05:46,920 --> 01:05:50,010
there make cutting deals in
Georgia and messing with Putin's

1173
01:05:50,010 --> 01:05:50,400
head.

1174
01:05:52,470 --> 01:05:53,700
That's what they

1175
01:05:53,700 --> 01:05:55,920
do. The claim was that they
didn't show because they weren't

1176
01:05:55,920 --> 01:05:59,580
welcome. But you might be right,
actually maybe more sinister

1177
01:05:59,580 --> 01:06:00,090
than that.

1178
01:06:00,210 --> 01:06:03,930
Oh, it has to be I mean, those
guys they love flaunting their

1179
01:06:03,960 --> 01:06:04,980
flaunting their stuff,

1180
01:06:05,549 --> 01:06:08,129
you know, and that now you know,
with with the distraction of the

1181
01:06:08,129 --> 01:06:09,299
convention, they can go off and

1182
01:06:09,510 --> 01:06:12,450
do anything. They can do
anything. Well, you know, well,

1183
01:06:12,630 --> 01:06:16,620
I won't get into that. But what?
Well, you know, the whole

1184
01:06:16,620 --> 01:06:17,460
hurricane thing.

1185
01:06:18,360 --> 01:06:20,940
Oh, the hurricane was a Yeah,
well, that was laughable.

1186
01:06:20,970 --> 01:06:22,410
They started that man. They

1187
01:06:22,410 --> 01:06:25,260
fired up that hardening up there
in Alaska. He comes out and he

1188
01:06:25,260 --> 01:06:28,020
makes the announcement that this
is going to be the storm of the

1189
01:06:28,020 --> 01:06:34,410
century worse than Katrina
evacuate in they evacuate the

1190
01:06:34,410 --> 01:06:37,770
whole place. Yeah. And see how
good we don't actuate anybody

1191
01:06:37,770 --> 01:06:38,160
see how

1192
01:06:38,160 --> 01:06:40,860
good we done it? We don't real
good. And it's all Blackwater

1193
01:06:40,860 --> 01:06:45,060
John. There was all Blackwater
guys down there doing the

1194
01:06:45,060 --> 01:06:45,630
evacuation.

1195
01:06:46,710 --> 01:06:47,520
Is that right?

1196
01:06:48,870 --> 01:06:52,020
Someone sent me an email I
should see if I can hold on it

1197
01:06:52,020 --> 01:06:53,130
someone sent me an awesome

1198
01:06:53,160 --> 01:06:55,440
oh, that means it was a
evacuated people that were

1199
01:06:55,440 --> 01:06:57,750
putting bugs in their house. How
the

1200
01:06:57,750 --> 01:06:58,500
hell knows.

1201
01:06:59,070 --> 01:07:02,010
That'd be pretty funny. No,
place you live in New Orleans.

1202
01:07:02,010 --> 01:07:04,980
Check your house have a check
for listening devices.

1203
01:07:05,430 --> 01:07:10,470
They were placing thermite.
Yeah, right. So they get blown.

1204
01:07:11,730 --> 01:07:13,890
Down. That's right. That's
right, baby.

1205
01:07:15,360 --> 01:07:18,300
That'd be a Tec seven group.
They're working their overtime.

1206
01:07:19,230 --> 01:07:23,700
Hold on a second. I got all your
houses have been rigged for to

1207
01:07:23,700 --> 01:07:25,170
be blown up. Here it is.

1208
01:07:25,200 --> 01:07:28,860
Okay. So here's this email from
this Michael guy. And I'm gonna

1209
01:07:28,860 --> 01:07:31,170
forward this to you because it's
really too long. And he actually

1210
01:07:31,170 --> 01:07:33,990
he responds to the LA Times
photo of the Blackwater guy

1211
01:07:33,990 --> 01:07:37,680
leaving the sign at the scene of
the medical marijuana bust.

1212
01:07:37,680 --> 01:07:41,910
Remember that? Vaguely. Yeah,
well, so Well, it was a it was a

1213
01:07:42,420 --> 01:07:46,980
bust on a medical marijuana
shop. And the New York Times had

1214
01:07:46,980 --> 01:07:49,410
a whole bunch of pictures and
one was a picture of a guy with

1215
01:07:49,410 --> 01:07:54,420
a black water shirt, you know,
armed and so this guy, he's, you

1216
01:07:54,420 --> 01:07:57,870
know, he I'll just send it to
you. Hold on. We can't even talk

1217
01:07:57,870 --> 01:08:00,570
about this whole thing. You just
gotta read this. You won't

1218
01:08:00,570 --> 01:08:03,990
believe it. He says these guys
are everywhere.

1219
01:08:05,700 --> 01:08:07,860
Everyone's good. It's a good
business to be in.

1220
01:08:09,600 --> 01:08:12,960
And then there's I keep reading
about do you hear about this

1221
01:08:12,960 --> 01:08:17,250
gulf stream that crass? The
belong to the CIA? And it had

1222
01:08:17,250 --> 01:08:20,910
three and a half tonnes of
cocaine on it? No.

1223
01:08:22,470 --> 01:08:24,090
There's some good stories out
there, man.

1224
01:08:26,189 --> 01:08:30,359
Yes, but let's talk about Sarah
Palin. Please don't notice.

1225
01:08:31,979 --> 01:08:34,289
Please, please shoots guns.

1226
01:08:34,619 --> 01:08:41,519
There's no coke on this Learjet
please pass on by. Yeah, it's

1227
01:08:41,519 --> 01:08:42,569
really true is

1228
01:08:42,569 --> 01:08:44,849
really, really true. was sent me
the link

1229
01:08:45,119 --> 01:08:47,789
by just saying it's an email. I
just sent you the whole email.

1230
01:08:47,789 --> 01:08:51,569
It's no it's like a personal
thing. He wrote up this whole

1231
01:08:51,569 --> 01:08:52,199
story.

1232
01:08:54,449 --> 01:08:57,119
For example, in Iraq when the
his company is unloading

1233
01:08:57,119 --> 01:09:00,209
shipments at military sites that
people who offload and offload

1234
01:09:00,209 --> 01:09:02,669
or manage supplies as well as
their disbursements to the

1235
01:09:02,669 --> 01:09:06,029
troops are not US military
personnel. These are a bunch of

1236
01:09:06,029 --> 01:09:11,279
redneck KBR contractors who
deliberately lose steel and

1237
01:09:11,279 --> 01:09:13,229
overbill the military Oh, he
goes on to this whole

1238
01:09:13,229 --> 01:09:14,459
overbilling thing too.

1239
01:09:16,079 --> 01:09:19,049
As crazy as crazy we're being
ripped off by these guys.

1240
01:09:19,560 --> 01:09:22,890
Of course. So do you do you find
it interesting I don't know that

1241
01:09:22,920 --> 01:09:25,980
was ever pointed out that
Blackwater is actually named

1242
01:09:26,520 --> 01:09:29,370
after I like to find out when
they name their company, because

1243
01:09:29,370 --> 01:09:32,250
it seems to be connected to the
you know, the whitewater

1244
01:09:32,250 --> 01:09:35,790
scandal. So you have whitewater
Blackwater. I mean, it's just

1245
01:09:35,790 --> 01:09:37,200
like it's just it's a pun.

1246
01:09:37,589 --> 01:09:39,629
I think there was a different
there's a different reason why

1247
01:09:39,629 --> 01:09:43,379
it's called Blackwater. I think
I looked that up once. It lists

1248
01:09:43,379 --> 01:09:44,189
something else.

1249
01:09:48,479 --> 01:09:50,039
I love it when you're typing
away there.

1250
01:09:50,999 --> 01:09:53,489
was eating pistachios I guess it
credit is one.

1251
01:09:54,870 --> 01:10:01,080
Well, that's interesting.
blackwater.com water.com goes to

1252
01:10:01,110 --> 01:10:03,000
Oh yeah, it goes to yahoo.com

1253
01:10:05,460 --> 01:10:08,820
Can't believe those guys didn't
have that. They didn't have the

1254
01:10:08,820 --> 01:10:13,830
URL. No, they have Blackwater.
usa.com There's a reason I read

1255
01:10:13,830 --> 01:10:14,550
this somewhere.

1256
01:10:17,039 --> 01:10:20,669
Henry Rollins is doing shows now
have you seen any of those on

1257
01:10:20,669 --> 01:10:21,599
Democracy Now?

1258
01:10:22,409 --> 01:10:25,169
Oh, you know, yeah, I can only
stomach democracy now for about

1259
01:10:25,169 --> 01:10:28,439
five minutes. Henry Rollins
woman is so dour.

1260
01:10:28,469 --> 01:10:33,179
Yeah. Her performance I would
say is indeed, it's like, we

1261
01:10:33,179 --> 01:10:35,849
know it's all fucked up. But at
least I'm laughing about it.

1262
01:10:36,689 --> 01:10:39,809
Yeah, no, she's she's, she's
depressing. She's dour. She's

1263
01:10:40,079 --> 01:10:43,619
She makes her two years she
actually makes herself look even

1264
01:10:43,619 --> 01:10:46,469
worse by you know, having this
you know, she looks like she

1265
01:10:46,469 --> 01:10:51,539
never washes her hair. I've
never met Amy whatever hell Her

1266
01:10:51,539 --> 01:10:57,449
name is Amy Winehouse. No. Amy
Winehouse, Amy something. And I

1267
01:10:57,449 --> 01:11:00,329
bitched about her once on the
blog, and I got a bunch of you

1268
01:11:00,329 --> 01:11:03,419
know, all these people writing
me er, just, you know, no,

1269
01:11:03,419 --> 01:11:06,119
that's where all the facts are.
But, and I have to say once in a

1270
01:11:06,119 --> 01:11:09,449
while she'll have somebody on
this interview, and they let it

1271
01:11:09,449 --> 01:11:11,459
go forever. I mean, they let
them tell their story. They

1272
01:11:11,459 --> 01:11:14,879
don't cut them short. It's not
sound byte oriented. And you

1273
01:11:14,879 --> 01:11:17,759
know you Okay, fine. But
generally speaking, you know,

1274
01:11:17,759 --> 01:11:21,869
it's kind of a crappy production
that is depressing is to breed

1275
01:11:21,869 --> 01:11:27,209
it's not, you know, it's it's
unnecessarily biassed on to one

1276
01:11:27,209 --> 01:11:30,809
side and it's very progressive
left wing, which is fine. I

1277
01:11:30,809 --> 01:11:33,389
mean, it's you but you know,
it's not objective news,

1278
01:11:33,389 --> 01:11:38,099
anything any more than Fox you
know, in that regard. And Fox is

1279
01:11:38,099 --> 01:11:39,689
more objective I think than
these guys.

1280
01:11:41,159 --> 01:11:45,269
You should look at some of the
news articles they've got on

1281
01:11:45,269 --> 01:11:49,889
Blackwater. Some of the press
releases embassies contracts

1282
01:11:49,889 --> 01:11:55,109
security staff saves Polish
ambassador. Blackwater saves 600

1283
01:11:55,109 --> 01:11:55,829
lives.

1284
01:11:57,899 --> 01:12:01,199
Wow. Unbelievable.

1285
01:12:02,250 --> 01:12:06,450
Well, it's a it's mercenaries
profession. Somebody decided to

1286
01:12:06,450 --> 01:12:09,630
go you know, say look,
mercenaries had a good business.

1287
01:12:10,200 --> 01:12:12,870
Let's start a company about it.
You know, this make us do it.

1288
01:12:12,870 --> 01:12:14,250
Right. Let's professionalise it.

1289
01:12:14,279 --> 01:12:16,889
And let me tell you, they're not
the only ones. And now and I've

1290
01:12:16,889 --> 01:12:20,009
been seeing this commercial on
television for the past week.

1291
01:12:20,849 --> 01:12:25,079
And it's a new video game called
Mercy. It's actually a mercenary

1292
01:12:25,079 --> 01:12:29,759
to and it's really weird because
instead of a huge explosion like

1293
01:12:29,759 --> 01:12:32,909
trailer that you would expect to
have a very kind of mundane type

1294
01:12:32,909 --> 01:12:37,079
song. The words are very freaky.
Of course, if you look at it in

1295
01:12:37,079 --> 01:12:40,529
context, with the with the with
the images, and you know, it's

1296
01:12:40,559 --> 01:12:45,629
mercenaries, and they're bombing
oil, oil rigs, and they're, you

1297
01:12:45,629 --> 01:12:49,949
know, in Blackhawk and Apache
helicopters and it's like

1298
01:12:49,949 --> 01:12:55,169
mercenary to, like, you know,
we're totally conditioning the

1299
01:12:55,169 --> 01:12:57,359
next Blackwater recruits.

1300
01:12:59,130 --> 01:13:01,590
Right or whoever the competition
is, there's probably got to be a

1301
01:13:01,590 --> 01:13:04,860
more onerous I mean Blackwater
may just actually be what just a

1302
01:13:04,860 --> 01:13:08,250
smokescreen for some really
worse operations.

1303
01:13:08,699 --> 01:13:12,419
And I have the I don't have it
here I had the paper in the

1304
01:13:12,419 --> 01:13:16,469
paper downstairs that had that
whole thing about the the

1305
01:13:16,499 --> 01:13:19,709
companies that trained the
Georgia commandos

1306
01:13:21,630 --> 01:13:25,110
belly coming to train to get the
Georgia combat Yeah. You know,

1307
01:13:25,110 --> 01:13:25,230
they're

1308
01:13:25,890 --> 01:13:28,590
like the Americans like like us,
you know, because they're paid

1309
01:13:28,590 --> 01:13:32,460
for by the Pentagon It says it
right there in the paper. What

1310
01:13:32,460 --> 01:13:35,340
are we doing paying for
armaments in Georgia? I mean,

1311
01:13:35,340 --> 01:13:39,150
can I pay taxes? I shouldn't get
to ask

1312
01:13:40,529 --> 01:13:41,429
or think crazy

1313
01:13:42,060 --> 01:13:44,730
and do the thing that bugs is
slightly annoying is when you

1314
01:13:44,730 --> 01:13:48,480
hear about the you know, the
green zone and rock and wherever

1315
01:13:48,510 --> 01:13:50,940
you know these guys are living
you know, and they have fact

1316
01:13:50,940 --> 01:13:53,310
that they bring in catering
services whatever happened to

1317
01:13:53,310 --> 01:13:55,500
the days where the army actually
had a cook

1318
01:13:55,619 --> 01:14:00,509
Oh, yeah, you're on KP was named
cookie. Yeah. You had KP kitchen

1319
01:14:00,509 --> 01:14:02,309
patrolling you had to peel
potatoes.

1320
01:14:02,460 --> 01:14:06,120
Yeah, there's the peel but data
is now they have a catering

1321
01:14:06,120 --> 01:14:09,240
service that comes in and you
know they have big Donald's and

1322
01:14:09,240 --> 01:14:12,150
they have all these different
kinds of options. You know, I'm

1323
01:14:12,150 --> 01:14:15,900
surprised they haven't got
Butler's Well, I told him they

1324
01:14:15,900 --> 01:14:19,410
probably do some of the guys the
top guys probably do but they're

1325
01:14:19,410 --> 01:14:21,780
probably not army Butler's are
probably like hired.

1326
01:14:21,840 --> 01:14:24,840
Yes, of course. They're from the
Hilton Hotel Group, of course.

1327
01:14:25,860 --> 01:14:28,860
But I told you, I told you about
bizarro when I was there,

1328
01:14:29,340 --> 01:14:33,930
McDonald's, that a Burger King
Pizza Hut, you know, huge salad

1329
01:14:33,930 --> 01:14:39,600
bar. Yeah, it's all commercial.
Coke machines everywhere.

1330
01:14:42,329 --> 01:14:45,599
Yeah. How is this? Like any sort
of, you know, you know, people

1331
01:14:45,599 --> 01:14:47,789
said, well, we're at a war we're
in a war. We're in a war we have

1332
01:14:48,329 --> 01:14:49,499
kind of a war is this

1333
01:14:49,529 --> 01:14:52,049
well, it's the kind of war that
keeps the economy going. That's

1334
01:14:52,049 --> 01:14:56,219
it. That's Thank you. That's
what this is all about is keep

1335
01:14:56,219 --> 01:15:00,449
the economy going by going to
war and then you know, That's

1336
01:15:00,449 --> 01:15:02,519
good for a big American industry

1337
01:15:03,630 --> 01:15:09,030
now I don't know there's
something about it is there's

1338
01:15:09,030 --> 01:15:13,620
something wrong with this
picture when they have you know

1339
01:15:13,650 --> 01:15:15,210
when they don't have KP

1340
01:15:16,529 --> 01:15:20,459
well they don't

1341
01:15:21,569 --> 01:15:25,319
know they don't have KP they and
they want to hear about you know

1342
01:15:25,319 --> 01:15:27,599
something else something your
catering truck turned over you

1343
01:15:27,599 --> 01:15:27,899
know.

1344
01:15:28,770 --> 01:15:33,150
Here we go I've got the US army
spokesman said the goal of the

1345
01:15:33,150 --> 01:15:35,160
programme was to train the
commandos for duty in

1346
01:15:35,160 --> 01:15:38,340
Afghanistan as part of a NATO
led International Security

1347
01:15:38,340 --> 01:15:43,470
Assistance Force, right. The
contractors MPR AI and American

1348
01:15:43,470 --> 01:15:47,490
systems, both based in Virginia,
recruited a 15 man team of

1349
01:15:47,490 --> 01:15:50,760
formal Special Forces soldiers
to train the Georgians at the

1350
01:15:51,120 --> 01:15:54,870
Vashi viry. Special Forces base
on the outskirts of Tbilisi,

1351
01:15:55,080 --> 01:15:59,040
part of a programme run by the
US defence department. Where you

1352
01:15:59,040 --> 01:15:59,370
go

1353
01:16:01,800 --> 01:16:03,990
to train more people than than
we should.

1354
01:16:04,229 --> 01:16:06,209
And they probably had one of
those jails over there where

1355
01:16:06,209 --> 01:16:07,439
those Gitmo jails

1356
01:16:08,880 --> 01:16:12,330
in Georgia be Yeah, that makes
sense. That would be one reason

1357
01:16:12,330 --> 01:16:15,630
to protect the place. Right,
John? That coming out, John?

1358
01:16:15,660 --> 01:16:18,870
Just to wrap this up? Isn't this
also fucking wrong? I mean, this

1359
01:16:18,870 --> 01:16:23,580
has to stop. We've got maybe
we've gone insane psychopaths

1360
01:16:23,580 --> 01:16:28,260
running the White House. Shit
has to stop. It's out of

1361
01:16:28,260 --> 01:16:32,700
control. You've got a fucked up
crazy Dutch guy running NATO.

1362
01:16:32,700 --> 01:16:37,680
Yep, to hoax hefur We know about
Him, trust me. You've got

1363
01:16:39,210 --> 01:16:43,710
everyone's going out of business
everywhere. We're so bad that

1364
01:16:43,710 --> 01:16:47,160
China can't even afford to pay
for the wars that we're starting

1365
01:16:47,160 --> 01:16:51,030
to stop. And it's not going to
be Obama or McCain. It has to

1366
01:16:51,030 --> 01:16:52,980
come from somewhere else. You're
smart,

1367
01:16:53,250 --> 01:16:58,500
collapsing economy is that where
an economy collapses you end up

1368
01:16:58,500 --> 01:17:03,780
with with it. That's just simply
what's going to happen. And then

1369
01:17:04,890 --> 01:17:07,680
a list of companies or countries
in debt and you know, we're down

1370
01:17:07,680 --> 01:17:09,930
at the bottom we're number one
with the most debt is and the

1371
01:17:09,930 --> 01:17:13,230
numbers like not even close to
the guys just above us. You

1372
01:17:13,230 --> 01:17:16,650
know, if you look on their fact,
list is a really funny thing to

1373
01:17:16,650 --> 01:17:20,550
look at. You go holy crap. I
mean, the whole thing is just

1374
01:17:20,580 --> 01:17:25,050
right now it's just baling wire
and you know, and chewing gum

1375
01:17:25,050 --> 01:17:26,100
holding the whole thing
together.

1376
01:17:26,130 --> 01:17:29,640
Yeah. So you think it when the
when the collapse comes, which I

1377
01:17:29,640 --> 01:17:31,800
think starts Monday, I'm gonna
set my watch by

1378
01:17:32,939 --> 01:17:35,489
the collapse, you don't have a
boom before you have a bust. I

1379
01:17:35,489 --> 01:17:36,659
keep saying this. No,

1380
01:17:36,659 --> 01:17:41,819
we're just gonna have a splat.
It's never happens that way.

1381
01:17:41,850 --> 01:17:44,520
Well, maybe there's a lot of
stuff that hasn't ever happened

1382
01:17:44,520 --> 01:17:47,160
that way this time around. So
it's all it's a new game.

1383
01:17:47,519 --> 01:17:50,519
Actually, you could that's one
argument that there's no defence

1384
01:17:50,519 --> 01:17:53,339
against, which is if you study
all the economic cycles, and all

1385
01:17:53,339 --> 01:17:56,879
the depressions that have taken
place, you know, in every

1386
01:17:57,179 --> 01:18:00,539
century, there always have a
different twist to them. There's

1387
01:18:00,539 --> 01:18:03,629
no two are identical. I mean,
there's there's some similarity

1388
01:18:03,629 --> 01:18:06,599
sometimes, but every once in a
while, it's like, wow, I did

1389
01:18:06,599 --> 01:18:09,569
that. That's pretty weird. Yeah,
I think we're gonna go into

1390
01:18:09,569 --> 01:18:12,029
hyperinflation personally,
because that's the only way we

1391
01:18:12,029 --> 01:18:14,549
can get pay off these debts.
Well, whenever

1392
01:18:14,550 --> 01:18:18,330
I want, alright, okay. I think
the easier way is just to pack

1393
01:18:18,330 --> 01:18:21,990
it all in say, all right, that
was fun. We stopped this reset

1394
01:18:21,990 --> 01:18:26,640
moment reboot. here's the here's
the Amuro. Everybody. America

1395
01:18:26,640 --> 01:18:27,570
here's the America.

1396
01:18:28,770 --> 01:18:31,980
Yeah, I guess the America could
save the day. Oh, it

1397
01:18:31,979 --> 01:18:35,129
won't save the day. But it's
it's like a company going we

1398
01:18:35,129 --> 01:18:37,349
have to go into receivership. I
think we had that's a really a

1399
01:18:37,349 --> 01:18:40,829
form of chapter 11. And then we
come out except the way we come

1400
01:18:40,829 --> 01:18:43,139
out with all right now we're all
going to give you this new

1401
01:18:43,139 --> 01:18:47,519
paper, which here's the the new
controlled circulation of that

1402
01:18:47,519 --> 01:18:50,639
paper. So we're basically just
resetting everything back to

1403
01:18:50,639 --> 01:18:53,099
zero. And we'll start all over
again.

1404
01:18:53,520 --> 01:18:56,070
Guess what the Brazilians did
when they went from the crew

1405
01:18:56,070 --> 01:18:57,930
zeros to the rial.

1406
01:18:57,960 --> 01:18:59,160
How'd that work out for them?

1407
01:18:59,849 --> 01:19:02,669
It actually worked out very well
for me. I mean, now I mean, it

1408
01:19:02,669 --> 01:19:05,459
did one point the CR zeros thing
I have some of these notes

1409
01:19:05,459 --> 01:19:08,339
because because I first went to
Brazil, they were still using

1410
01:19:08,339 --> 01:19:13,919
these things. And I have a
couple of 500,000 cruzeiro notes

1411
01:19:13,919 --> 01:19:16,259
right with a guy you know,
picture some guy's head and his

1412
01:19:16,259 --> 01:19:19,439
500,000 on there. I would like
to get you know, some some of

1413
01:19:19,439 --> 01:19:22,379
that African money that's like
this. Anyone out there can get

1414
01:19:22,379 --> 01:19:27,509
me some bricks of that mugabi
money. I need it. Anyway, so

1415
01:19:27,539 --> 01:19:30,179
seriously, I wish somebody would
get me so many people go there

1416
01:19:30,179 --> 01:19:34,979
in the eye and I kept forgot. So
anyway, so they switched at one

1417
01:19:34,979 --> 01:19:38,279
point, it's okay, we're gonna
drop this whole thing. Banks

1418
01:19:38,279 --> 01:19:40,829
there, you know, figured, you
know, everyone got in all the

1419
01:19:40,829 --> 01:19:44,579
ducks in a row and they came up
with this rial, which means real

1420
01:19:44,579 --> 01:19:47,819
obviously. And it was linked to
the dollar one to one and it

1421
01:19:47,819 --> 01:19:51,359
remain good maintain the one to
one ratio to the dollar for

1422
01:19:51,659 --> 01:19:54,839
almost a decade, because then
all of a sudden, you know, and

1423
01:19:54,839 --> 01:20:00,179
then it became too realice to
$1. And now I think it's You

1424
01:20:00,179 --> 01:20:02,729
know, floating around three
maybe are two and a half not

1425
01:20:02,729 --> 01:20:05,969
sure, whatever it is maybe went
the other way with the dollar

1426
01:20:05,969 --> 01:20:11,069
falling, but I had to look it
up. But anyway, the it worked

1427
01:20:11,069 --> 01:20:13,379
out for my evening considering
what they had before when they

1428
01:20:13,379 --> 01:20:17,279
was there the hyperinflation
they were having at the time was

1429
01:20:17,279 --> 01:20:20,489
was you didn't they they always
said do not cash your dollars

1430
01:20:20,489 --> 01:20:24,449
in. Except, you know, within it,
do it within a couple of hours

1431
01:20:24,449 --> 01:20:29,249
of your purchase. Because it was
like, like a couple of 2345 10%

1432
01:20:29,249 --> 01:20:32,969
a day. Right? You know, if you
just the money which is becoming

1433
01:20:32,969 --> 01:20:37,769
worthless so fast. It can happen
here can happen here to happen

1434
01:20:37,769 --> 01:20:38,339
in Germany,

1435
01:20:38,369 --> 01:20:42,479
I'm looking for this word is
some phrase someone turned me on

1436
01:20:42,479 --> 01:20:48,449
to a while ago, it was like knee
Raz or narrows, or is apparently

1437
01:20:48,449 --> 01:20:52,889
some law or some programme that
Clinton put in place that could

1438
01:20:52,889 --> 01:20:54,539
reset the entire economy.

1439
01:20:54,869 --> 01:20:58,379
Have you heard of this? No.
Never heard of it. Shit. Now, of

1440
01:20:58,379 --> 01:21:01,289
course, I can't find it. But I
guess Yeah,

1441
01:21:01,289 --> 01:21:04,499
I guess so. Complete economic
collapse. But that could take a

1442
01:21:04,499 --> 01:21:08,039
long time man to crawl back
could take 510 years to come out

1443
01:21:08,039 --> 01:21:08,609
of the years.

1444
01:21:08,639 --> 01:21:13,319
Yeah, can you say? So? You know,
we did that in the 30s. We

1445
01:21:13,319 --> 01:21:16,199
almost had we had close to the
same thing in the 70s it took 10

1446
01:21:16,199 --> 01:21:19,859
years. You know, you get a lot
of good music. The 30s were a

1447
01:21:19,859 --> 01:21:23,279
good era for music. So over the
70s and then you have a lot of

1448
01:21:23,279 --> 01:21:28,679
good movies. Entertainment quite
good lot of restaurants open up.

1449
01:21:28,979 --> 01:21:31,799
You know, people read, you know,
think their lives. It's just

1450
01:21:33,239 --> 01:21:36,629
horrible, but better not to do
it.

1451
01:21:37,979 --> 01:21:40,139
There's gonna be a lot of people
with no jobs. We're already at

1452
01:21:40,469 --> 01:21:43,409
six 6% That's kind of that
sucks.

1453
01:21:44,130 --> 01:21:50,400
Ya know that one you have riots?
Which is no good. Yeah. food

1454
01:21:50,400 --> 01:21:51,540
riots? Probably.

1455
01:21:51,599 --> 01:21:52,919
That's common. That's common.

1456
01:21:54,539 --> 01:21:55,559
I know. That's common.

1457
01:21:56,760 --> 01:22:00,450
Okay, the rial right now it's a
buck 71. So it's actually gone

1458
01:22:00,480 --> 01:22:03,060
back toward the right way
because of the weak dollar.

1459
01:22:03,090 --> 01:22:03,360
Yeah.

1460
01:22:04,890 --> 01:22:06,060
That's pretty good. Actually.

1461
01:22:06,989 --> 01:22:09,749
Yeah, considering consider this
thing has been in business for a

1462
01:22:09,749 --> 01:22:12,269
while. And they've it's, you
know, it's better than it was

1463
01:22:12,269 --> 01:22:15,149
with those cruise arrows and the
whatever they had two or three,

1464
01:22:15,179 --> 01:22:16,949
I think they changed it a couple
of times during that

1465
01:22:16,949 --> 01:22:20,459
hyperinflation period, the
Brazilians got the reputation.

1466
01:22:20,459 --> 01:22:23,819
And people should note this, for
having the world's best banking

1467
01:22:23,819 --> 01:22:27,539
system, because the banks had to
deal with this hyperinflation

1468
01:22:27,539 --> 01:22:32,549
thing. And so they essentially
are set up to deal with with a

1469
01:22:32,549 --> 01:22:36,449
really flaky economy. And to and
to stay in business. They have

1470
01:22:36,449 --> 01:22:39,989
to, you know, they have extended
they have a lot of very modern,

1471
01:22:40,469 --> 01:22:43,649
their way their systems work.
And, you know, I've always

1472
01:22:43,649 --> 01:22:45,929
thought, Well, maybe it's a
good, safe place to put your

1473
01:22:45,929 --> 01:22:49,469
money, except for the fact one
of the big banks folded, but

1474
01:22:50,159 --> 01:22:54,569
there's two, I think two major
banks in Brazil might not be a

1475
01:22:54,569 --> 01:22:58,709
bad place to put money if you've
gone to a hyperinflation

1476
01:22:58,709 --> 01:22:59,399
situation.

1477
01:22:59,460 --> 01:23:05,040
That was kind of interesting
that John McCain's son was had

1478
01:23:05,040 --> 01:23:08,220
just resigned two months prior
to the collapse of the Silver

1479
01:23:08,220 --> 01:23:09,750
State Bank. Did you catch that?

1480
01:23:10,109 --> 01:23:11,219
No. Yeah.

1481
01:23:15,510 --> 01:23:17,970
I thought that was what's his
name, Andrew. Thank

1482
01:23:18,840 --> 01:23:21,840
ya. I didn't notice that one.
Yeah, he was.

1483
01:23:22,260 --> 01:23:25,410
I think he was actually in he
was like a big kahuna there. And

1484
01:23:25,410 --> 01:23:29,580
he resigned two weeks ago, I'm
sure sniffing the impending doom

1485
01:23:32,340 --> 01:23:36,150
Well, yeah, it's a good time to
get out, you know, and be part

1486
01:23:36,150 --> 01:23:36,540
of it.

1487
01:23:36,629 --> 01:23:39,299
Yeah. I'm sure that's not gonna
get a lot of ink.

1488
01:23:40,350 --> 01:23:44,130
You know, there's a lot of
actually the best the most of

1489
01:23:44,130 --> 01:23:48,300
the interesting McCain stuff
weird stuff is all on The Daily

1490
01:23:48,300 --> 01:23:49,800
Show with Jon Stewart.

1491
01:23:50,130 --> 01:23:57,840
Here you go. July 29. Here we
go. On the eve of President

1492
01:23:57,840 --> 01:24:00,240
Bush's signing of the housing
bill this week, which will

1493
01:24:00,240 --> 01:24:03,300
regulate as well as bailout
mortgage behemoth man, Fannie

1494
01:24:03,300 --> 01:24:06,990
Mae and Freddie Mac and create a
$300 billion programme to expand

1495
01:24:06,990 --> 01:24:09,090
the Federal Housing
administration's capacity to

1496
01:24:09,090 --> 01:24:12,480
guarantee mortgages comes word
that Andrew McCain, son of

1497
01:24:12,480 --> 01:24:15,300
presumptive Republican nominee
John McCain has resigned today

1498
01:24:15,300 --> 01:24:18,600
from silver state banks board of
directors. The bank cites

1499
01:24:18,630 --> 01:24:21,960
personal reasons for Mr.
McCain's sudden departure. Yeah,

1500
01:24:21,960 --> 01:24:24,060
you think Eddie any inside info
there?

1501
01:24:26,250 --> 01:24:28,110
He's getting out while the
getting's good,

1502
01:24:30,750 --> 01:24:35,520
man. Yeah, we don't have the
right connections at all.

1503
01:24:36,420 --> 01:24:38,310
No, we should be on a couple of
bank boards.

1504
01:24:40,350 --> 01:24:43,050
It actually is pretty easy to
set up a bank I found out

1505
01:24:44,010 --> 01:24:48,720
well, we set a bank up. Let's
not just set one up in the

1506
01:24:48,750 --> 01:24:50,010
Cayman Islands or something.

1507
01:24:50,100 --> 01:24:53,760
It sounds like a really bad
idea. I don't like that at all.

1508
01:24:53,970 --> 01:24:56,850
Gibraltar. I don't want to be a
banker.

1509
01:24:57,420 --> 01:24:58,290
So fun.

1510
01:25:01,079 --> 01:25:02,819
There's about what are these
would do. There's these

1511
01:25:02,819 --> 01:25:05,399
different places where you're
supposed to be safe havens or

1512
01:25:05,399 --> 01:25:08,729
something. There's some islands
over there out off the British

1513
01:25:08,729 --> 01:25:12,629
coast. There's, I think there's
Cayman Islands. There's a whole

1514
01:25:12,629 --> 01:25:13,679
bunch of these places.

1515
01:25:14,969 --> 01:25:18,179
Yeah, but still, you know, the
basic business of banking just

1516
01:25:18,179 --> 01:25:19,199
doesn't appeal to me.

1517
01:25:21,810 --> 01:25:24,930
All right, I had to go elsewhere
to find my banking partners.

1518
01:25:25,920 --> 01:25:30,360
Yeah, you do that, John. You do
that? Yeah. Alright, we've done

1519
01:25:30,360 --> 01:25:32,190
what else? Are we done?

1520
01:25:32,609 --> 01:25:35,309
I guess we are done. And maybe I
think this show was kind of slow

1521
01:25:35,309 --> 01:25:38,729
moving. There's something
Slightly depressing about it. I

1522
01:25:38,729 --> 01:25:40,349
think it's these topics that you
brought up.

1523
01:25:40,380 --> 01:25:43,020
What do you then maybe you
should come prepared? What do

1524
01:25:43,020 --> 01:25:44,640
you have on your notes? All I

1525
01:25:44,640 --> 01:25:48,900
had was Hillary conundrum. What
was the conundrum? Oh, the fact

1526
01:25:48,900 --> 01:25:51,960
that she has to she can't really
want Obama to win. That's the

1527
01:25:51,960 --> 01:25:54,210
conundrum. And the other one, I
had to have this other note,

1528
01:25:54,210 --> 01:25:58,710
Obama. Somebody pointed this out
because he Obama did the the

1529
01:25:58,710 --> 01:26:03,840
O'Reilly show deal while he saw
snippets of it, which took a lot

1530
01:26:03,840 --> 01:26:06,900
of guts on his part to be honest
about it. But O'Reilly keeps

1531
01:26:06,900 --> 01:26:10,080
smiling and kind of one of these
slice smiles as though he got

1532
01:26:10,080 --> 01:26:13,380
Obama to say something that's
coming up next week. Boy, it

1533
01:26:13,380 --> 01:26:16,290
could be just a teaser. Yeah,
but I get the sense that Obama

1534
01:26:16,290 --> 01:26:19,800
did something said something
stupid, but I don't know. But

1535
01:26:19,950 --> 01:26:23,430
but the thing that somebody
pointed out in analysing Obama's

1536
01:26:25,500 --> 01:26:31,500
response to O'Reilly was kind of
a dick. Was that if you if you

1537
01:26:31,500 --> 01:26:33,840
didn't notice that Obama
apparently doesn't have the

1538
01:26:33,840 --> 01:26:37,860
capacity to ever admit he's
wrong. He's never done that. And

1539
01:26:37,860 --> 01:26:38,610
you won't find it.

1540
01:26:39,300 --> 01:26:43,800
Because he never is wrong, man.
Crazy, he's never wrong.

1541
01:26:45,270 --> 01:26:47,010
So I thought that was gonna be
interesting.

1542
01:26:48,060 --> 01:26:50,100
Yeah, so that's coming up this
week is that when he's airing

1543
01:26:50,100 --> 01:26:52,950
that full interview? I've only
seen like, little bits and

1544
01:26:52,949 --> 01:26:55,289
bobs. Go to a little bit of it
on Thursday, and then he's gonna

1545
01:26:55,289 --> 01:26:58,979
show the rest on Tuesday and
Wednesday think. Right? And and

1546
01:26:58,979 --> 01:27:02,699
I'll probably just TiVo it and
see what it is. He's probably,

1547
01:27:02,759 --> 01:27:04,559
you know, I don't know.

1548
01:27:05,159 --> 01:27:08,339
Anyway, John T minus four and
counting. I hope that I get to

1549
01:27:08,339 --> 01:27:11,639
talk to you next week. They fire
that thing up on Wednesday.

1550
01:27:12,359 --> 01:27:16,619
Oh, you're right. The Hadron
Collider. Yeah. So let's get

1551
01:27:16,619 --> 01:27:19,679
stuck with it. Did this thing
disappears into its own black

1552
01:27:19,679 --> 01:27:20,189
hole. I'm

1553
01:27:20,190 --> 01:27:20,970
going first.

1554
01:27:22,050 --> 01:27:23,190
You'll be sucked in with it.

1555
01:27:24,779 --> 01:27:26,999
All right. So hopefully, talk to
you next week.

1556
01:27:27,539 --> 01:27:28,559
All right. All right.

1557
01:27:29,010 --> 01:27:33,750
So from Gitmo nation, Western
Gitmo nation east. I'm Adam

1558
01:27:33,750 --> 01:27:34,200
curry.

1559
01:27:34,770 --> 01:27:37,890
And I'm John C. Dvorak. We'll
talk again next week right here

1560
01:27:37,950 --> 01:27:38,850
on no agenda.