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amidst the financial crisis,
akin to a financial 911, it is

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time once again for the
programme that comes to you from

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both ends of the spectrum of
Gitmo nation coming to you from

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Gitmo nation east. I'm Adam
curry.

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And I'm John C. Dvorak up here
and get mo nation northwest

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Pacific Northwest to be
specific. Washington State

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Studio B today. Studio be a
sound okay, this is just on the

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headset, right?

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Yeah, I know. I don't have any
gear here.

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Well, John, let me ask you a
question. Do you feel the bottom

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yet? At the bottom, please? Oh,
please. That was not the bottom?

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Well,

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no, it's just the bottom was
10,000. I'd said that a million

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times. And I actually expected
it to pass through to, you know,

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nine, D eight or something like
that, but didn't. And it just,

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you know, was just about to
smack it. And then it just said,

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Well, I think this is close
enough. And now we're on a

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upswing.

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I must say I thoroughly enjoyed
your, what do you call a random

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podcast with Andrew? Andrew
Horowitz? Hello. And Andrew

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Horowitz Yeah, that was good.
That was you guys really got

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done with some good stuff. And
that about the financial

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markets?

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Hey, cynical. I mean, he's like
you are about the bottom, you

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know,

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yeah, I could tell us why I
liked it.

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Most of the brokers that I know
who are in the business, they're

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all they're all singing the
blues. And then, and then when

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the bottom is like saved, you
know, bumbum, you bounce off of

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it. They and the government, you
know, turns us into a socialist

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country, then they complain, I
said this baffling to me,

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I'd actually take it one step
further. And I know we're just

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kind of jumping in the middle
here. But I looked up the

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definition of a fascist state,
and I think we're pretty close

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to it. Isn't this one.
corporatism? Yeah, it's when

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when the corporations and the
government basically collude.

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And this game, but in this case,
is not the government taking

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over the corporations, it's the
corporations taking over the

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government. But I think the
result is the same thing. It's,

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it's, it's been baffling to me.
How we can let go of it. Yeah.

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But, you know, there's so
besides the stock market, which

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I agree, you know, sure. It's,
it's gonna go up, you know,

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mainly because you can't bet
against it going down

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effectively with the the ban on
short selling, or at least the

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ban on short selling and
financials. But that ends

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October second, I think. Yeah.
Right. That's when you're gonna

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start to see the bottom. That's
when they'll come rushing up at

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us?

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I don't think so. Really,

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I mean, you don't think that
this is a been a complete

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beginning of the destruction of
the of everything that makes

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America's economy work

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to base a base for the future?

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Really? And you're really that
optimistic about it?

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For the next year? Yeah. Oh,

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man, I see this in such a
different way, John? I really

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do.

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And now actually, to be honest
about it, even though I don't

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want to sound like a communist.
We've had to do something with

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our, with our financial
structure to deal with the, with

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the Chinese.

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Because they own so much of us.
Is that what you mean?

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Well, that but no, they have
they run a kind of a corporate.

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Although this is done, it's in
reverse. They have their

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government, you know, telling
corporations what to do more

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than we do. We have our
corporations telling the

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government what to do, but it's
the same there's there's this

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the collusion between the
government and these companies

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that we don't we, you know, that
makes it hard to compete with

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them because they they'll have
the government bail out. There's

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companies that are screwed up.
And we've never done that

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before. Because if we believe
that, technically, if a company

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you know, because we're we talk
a big game about free enterprise

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and capitalism, we believe that
the companies have been run by a

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bunch of boneheads who are
raping the shareholders and

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stealing the money and pocketing
and buying houses and the stock.

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We believe that if the company
fails that these people should

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be run out of town or run out of
business or should go broke

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themselves. But but a more
corrupt system, which doesn't

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allow for that seems to be what
the Chinese have. And so I think

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we're mimicking it.

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But all but you know, I'm really
struggling with this mainly

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because I've been talking about
something like this happening

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and it actually taking place and
I'm trying to understand I'm

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what it all means but these
these all these measures and

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these bailouts that's, that's
but that's not to save anything

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in the real economy. I mean,
yes, maybe saving the auto

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industry is one thing, but this
is just saving. Guys. We're

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pushing paper around.

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Yeah, I know it's hilarious. But

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you don't hear me laughing I
don't know I'm, I'm I'm almost

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shell shocked. I am on Friday I
went to I went to Amsterdam for

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a number of reasons. And I'll
tell you exactly what they were

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and honestly, one to go get some
physical gold gold. I told you.

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I was going to do that. And by
the way, you know what a bar of

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gold weighs? A lot. 12 kilos.

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Yeah, how much? How many bars?
One? plane take off.

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We barely barely made it off the
ground. But this 12 kilos.

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That's huge. I thought it I
thought it was a little more. I

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don't know. I mean, it's, it's
Well, anyway,

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so let me get this straight. You
went to to Holland. And made

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this pod show delayed the pod
show a day? Am I dead? Yeah, of

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course, to pick up a 25 pound
bar of gold.

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Yeah, amongst other things. I
also, I was invited to a party

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which had been planned well in
advance but turned out to be a

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very the timing turned out to be
really interesting. of the

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private banking division of mais
Pearson which have been I've

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been a client with them for 10
years. And they were bought up

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by Fortis a couple of years ago.
Yeah. Oops, exactly. And so but

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the party still went on and and
I was the only client I might

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add that showed up to the party,
the only one. And it was I mean,

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people were just do they were
like, shell shocked. And the

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stories that the stories they
were telling me it was m&a was

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they the past two weeks had been
so horrible, just for them

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business wise and they I don't
think they even believe that

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that they're gonna that they
have any type of future everyone

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was pretty much like Well,
that's it, you know, it's over

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done with forget about it.

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And felt this way, because they
thought that the government now

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will be running the finances and
they ran a business

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now they felt this way because
of the enormous outflows of

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cash. So you know, there. Yeah.
So, you know, they they manage

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private individuals and also
like nonprofits and you know,

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they,

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Oh, I see that some people are
pulling this like, for example,

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clients might be buying bars of
gold.

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That would be one example if
like, why don't you can buy the

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gold? You can, it'll just be on
paper. Like, no, no, that's not

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the point. We can do that too.
But I actually want to have the

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physical gold. That was not easy
to arrange. I'll tell you.

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That's because they don't want
anybody having the gold. No, of

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course not. But it's also not
easy to obtain is what I found

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out. And they were like, You
should go buy diamonds and like

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I don't know shit about
diamonds. And that's a that's

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not a very easy market. That's a
that's a cartel. You know,

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that's the beer. Yeah, that's
exactly,

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yeah, you can go into any, you
know, kind of Old West Honky

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Tonk bar and you got the gold,
you know, you get a drink. So

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what I did with that,

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so what that also did is I spent
some time because the, the

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actual the equivalent of the
FDIC guarantees in in Europe are

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a little different. They're
significantly lower, I might

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add. So I think per account,
it's they insured 20,000 euros,

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but they ensure 100% of the
first 20,000 euros on deposit

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and then 90% of the second
20,000 So was that 30 38,000

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combined but you know this like
Where you gonna go you've got

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Fortis you've got ABN AMRO,
which oh, by the way, part of

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that bought by Fortis part of
that bought bought by Royal Bank

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of Scotland. They only have one
other one, which I really like

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is the Rabo Bank, which is it's
not publicly listed, and it's a

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cooperative. So they you know,
they have hundreds of small

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banks all across the country,
and they're open on Saturdays.

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So,

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almost I don't think there's a
bank in the United States. It's

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not open on Saturday. Oh, it's
very

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atypical for for the Netherlands
to have a bank open on Saturdays

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very atypical. Yeah, but I was
just you know, I'm just amazed

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at what's going on. It's a
people are you know, the money

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markets are now also you know,
returning negative negative

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equity. Money market funds.

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Yeah, let's because yeah, that
was the one I think we talked to

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if you if you listen to the
first Before I correlates, no, I

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didn't lose mark for a
discussion.

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I didn't I didn't even talk
about that.

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No backup or the first one.

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But anyway, so I mean, forget
about,

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by the way, anyone who wants to
listen to that stuff that's on

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divorce iq.org/blog

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He had, do you have an RSS feed
for that you can do more? What's

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the deal with it? I think it's
an outstanding conversation. I

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really like well, the

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RSS feed exists. Yeah, it's all
a prelude to this book that I

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have to finish. So you know,
I'm, I'm laying the marketing

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groundwork. Yeah. Okay. And
Horowitz and I are actually

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going to do a little thing
together, which is going to be

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to dissect Yahoo Finance. Oh,
wow. Because he can answer the

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questions I had that I have that
I've been asking around. Like,

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for example, if you take if you
have a book value of $3 billion,

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and an enterprise value of $2
billion for one company, and you

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have a book value of $3 billion,
and an enterprise value of $3.5

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billion for another company,
which is the better investment.

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Okay, my head hurts. Yeah, no, I
know. It's just like, you know,

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that's, that's it that goes, you
know, that I know, because I've

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always asked that question, when
I look at these numbers, and I

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said, does that mean this is
better than this? Or that and

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he's gonna explain it. The guy's
amazing. Anyway, so we'll

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probably do one or two more of
those before the I shut it down

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before the for the big crash.
Exactly. No, the big crashes?

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You know, that's, we got a year
to go on that.

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You know, I don't think so.
John, well, okay. Maybe it is a

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year. But can I just play out my
scenario? Well, first of all,

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what has been done here with
this? And I guess they announced

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it tomorrow, the what do they
call it the resolution, airy

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Trust Corporation? The
revolutionary Trust Corporation?

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Resolution, the Resolution Trust
Corporation. Yeah. So basically,

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everyone gets to put all their
bullshit in there. And, and, and

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the only the only ways to
actually pay for that, or to be

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able to afford it is by either
Well, I guess, one of three

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scenarios, maybe for collecting
higher taxes, printing up more

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money, borrowing more from
China, which I think is pretty

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much out of the question or
complete collapse.

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Right. I think the last
alternative is, is to be

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avoided.

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Right, but how can you avoid
that? I just don't see how it

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can. You know, it's like a
deflationary crash, which we

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tried to avoid with a buyout
that I know, you've been talking

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about this for a long time,
which will be hyperinflationary.

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Yeah. And it just buys us a
little bit of time.

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Yeah. If and that's bad. If
you're in a sinking ship, you

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want some more time? To go to
the bottom and to sec, no, I

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understand that. But no one else
understands that the Joe Public

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doesn't get it. And

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no, they do it. There's one
other element here that

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everybody seems to overlook.
Okay. And I've had a

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conversation on the plane coming
up here. Virgin America, by the

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way, they should be sponsoring
the show. And

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I sure we sure as hell seem to
be sponsoring virgin.

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Well, you in particular, yeah,
exactly. Yeah, really, they

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she's caught some of that money
back up. We keep mentioning them

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fondly. Richard Branson,
slamming and maybe

221
00:13:33,870 --> 00:13:37,260
that'll work well. Branson's not
gonna buy Gatwick airport so

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00:13:37,470 --> 00:13:40,950
he's he's busy. You're kidding
me? Yeah, it's up. Well, it was

223
00:13:40,980 --> 00:13:44,010
it's up for sale because ba
which is run by the Spaniards I

224
00:13:44,010 --> 00:13:50,340
might add. All in your yes and
your ba get on the plane. Felice

225
00:13:50,730 --> 00:13:56,520
per ticket and passport. So they
own Stansted Heathrow and

226
00:13:56,520 --> 00:14:00,480
Gatwick and then all three
airports are shit. I haven't

227
00:14:00,480 --> 00:14:02,880
actually tried terminal five
yet, but we know they had plenty

228
00:14:02,880 --> 00:14:05,490
of problems, which was
attributed to be a British

229
00:14:05,490 --> 00:14:08,790
Airways. So they had to they've
been broken up essentially. And

230
00:14:08,790 --> 00:14:11,820
it's for sale for $2 billion or
2 billion pounds $4 billion

231
00:14:11,820 --> 00:14:17,550
dollars or actually a little
less now. Ba no no not be a

232
00:14:17,580 --> 00:14:20,460
Gatwick is for sale, just that
one piece they have to have to

233
00:14:20,460 --> 00:14:22,920
spin off and so immediately
Well, you know, Richard Branson

234
00:14:22,920 --> 00:14:25,530
is just the brand and he has
these huge hedge funds that

235
00:14:26,130 --> 00:14:29,790
that's, you know, that's behind
him. Right? Or he stands in

236
00:14:29,790 --> 00:14:34,320
front of them, I should say. So
that'll be interesting. But I

237
00:14:34,320 --> 00:14:37,950
don't know if anyone would put
up 2 billion. I don't think we

238
00:14:37,950 --> 00:14:41,400
even get that type of financing
in today's situation.

239
00:14:42,690 --> 00:14:45,090
So he's working on some sort of
a deal. Yeah.

240
00:14:45,120 --> 00:14:47,700
Well, that's what the Financial
Times said Financial Times. By

241
00:14:47,700 --> 00:14:50,910
the way. I went out and got the
Saturday Sunday edition. There

242
00:14:50,910 --> 00:14:55,320
is not one yeah, there's like
two or articles about sports and

243
00:14:55,320 --> 00:14:59,220
one of them was about the owner
of Newcastle United who just

244
00:14:59,220 --> 00:15:03,270
lost 300 million backing HBO s
the bank which was just taken

245
00:15:03,270 --> 00:15:07,860
over by Lloyds TSB to avoid the
financial meltdown in the United

246
00:15:07,860 --> 00:15:13,230
Kingdom. But everything else is
all about this financial crisis,

247
00:15:13,260 --> 00:15:17,610
nothing else in the paper, but
anything. Anything.

248
00:15:19,740 --> 00:15:20,970
So what did you learn?

249
00:15:21,720 --> 00:15:25,350
What I learned is that this is
just the collapse of of like a

250
00:15:25,470 --> 00:15:31,950
multilevel marketing Ponzi
scheme. And I have seriously and

251
00:15:31,950 --> 00:15:34,620
I think it's, it's gonna take
everything down, I think it's

252
00:15:34,620 --> 00:15:36,390
gonna be really, really serious,
you know?

253
00:15:36,419 --> 00:15:38,939
Because you don't think it's
serious already?

254
00:15:40,080 --> 00:15:42,540
Yeah, no, but I don't think it's
hitting people yet. I don't

255
00:15:42,540 --> 00:15:44,790
think they understand what it
means mean, when, when you're

256
00:15:45,090 --> 00:15:48,540
when when markets collapse. I
mean, we need markets, even just

257
00:15:48,540 --> 00:15:52,500
to, you know, for our food to
get transported, you need all

258
00:15:52,500 --> 00:15:58,350
kinds of financial markets to
make shit run. And then all

259
00:15:58,350 --> 00:16:01,590
comes down. And you know,
they're probably going to close

260
00:16:01,590 --> 00:16:06,870
markets and, you know, try and
make up new regulation to how

261
00:16:06,870 --> 00:16:09,150
was shake? How was business
Gonna, gonna be done? That's

262
00:16:09,150 --> 00:16:14,550
what I don't see. Well, I have a
real there's a real risk in that

263
00:16:14,550 --> 00:16:15,420
there really is.

264
00:16:16,710 --> 00:16:19,860
I think the whole basis for this
is to get the housing market.

265
00:16:20,010 --> 00:16:20,820
jumpstarted

266
00:16:20,909 --> 00:16:23,759
Oh, you see, now this. That's
interesting. You say that,

267
00:16:23,759 --> 00:16:26,669
because there's a couple things
that that I'm picking up on. And

268
00:16:26,669 --> 00:16:29,369
so here's the general, here's
what the public is being taught.

269
00:16:29,639 --> 00:16:32,189
And I learned this from Sarah
Palin who and I'd want to talk

270
00:16:32,189 --> 00:16:34,739
about her specifically because
I've been paying attention to

271
00:16:34,739 --> 00:16:38,069
her as well. So the message
going out to the average

272
00:16:38,069 --> 00:16:42,299
American, which I would say is
99%. When it comes to, you know,

273
00:16:42,329 --> 00:16:45,029
understanding this type of
stuff, and what it really means

274
00:16:45,029 --> 00:16:51,359
and what they're fed through
corporate news media is this

275
00:16:51,359 --> 00:16:56,039
problem was created by short
sellers, bad guys bad bad gonna

276
00:16:56,039 --> 00:17:00,839
stop them. Which is the I read a
great, great quote about this,

277
00:17:00,839 --> 00:17:05,129
the analogy of banning short
selling is the fire department

278
00:17:05,129 --> 00:17:10,589
fire investigators investigating
a number of arsons by you know,

279
00:17:10,589 --> 00:17:12,689
and then saying, Okay, we're
going to stop this we're going

280
00:17:12,689 --> 00:17:19,019
to ban the sale of matches. And
so that's the the main message

281
00:17:19,049 --> 00:17:23,219
is that this was done by rogue
traders, bad bankers short

282
00:17:23,219 --> 00:17:26,099
selling, shouldn't have it
shouldn't be done. And of

283
00:17:26,099 --> 00:17:31,259
course, the real blame is being
put on homeowners, you bad

284
00:17:31,259 --> 00:17:34,229
homeowners, you lied on your
application, it's all your

285
00:17:34,229 --> 00:17:39,209
fault. And this man, no one
better than Sarah Palin, because

286
00:17:39,209 --> 00:17:42,179
I've been studying her man that
wow, did the Republican Party do

287
00:17:42,179 --> 00:17:45,329
a great job by getting her in?
You know, now I know why she

288
00:17:45,329 --> 00:17:48,179
didn't do an interview for about
two weeks after the after the

289
00:17:48,179 --> 00:17:51,509
convention is because she went
to the George Bush Training

290
00:17:51,509 --> 00:17:56,159
School of repeating the talking
points. And she's and if you

291
00:17:56,159 --> 00:18:00,119
listen to her, she sounds just
like George Bush, not not in the

292
00:18:00,119 --> 00:18:03,479
voice or anything like that. But
she's she's spitting out the

293
00:18:03,479 --> 00:18:07,109
talking points in the simplest
way by saying that she talks

294
00:18:07,109 --> 00:18:09,509
really fast. Well, of course,
we've got the financial crisis.

295
00:18:09,689 --> 00:18:13,349
We had bad traders, bad bad
practices gotta regulate that.

296
00:18:13,559 --> 00:18:19,109
And she's just like George Bush,
only faster and prettier. Have

297
00:18:19,109 --> 00:18:21,779
you ever listened to her she's
and then it's like, Well, did

298
00:18:21,779 --> 00:18:26,249
you see the Saturday Night Live
skit about you? And and she's

299
00:18:26,249 --> 00:18:29,099
already been trained to say to
what they told her to say was

300
00:18:29,099 --> 00:18:32,249
yes, telling you saw you loved
it, but you didn't actually hear

301
00:18:32,249 --> 00:18:37,529
it because of course, she can't
respond to any any of the what

302
00:18:37,529 --> 00:18:41,819
was discussed in that skit. And
in the end, if she's asked about

303
00:18:41,819 --> 00:18:45,389
policy, then all she has to say
is of course John McCain has the

304
00:18:45,389 --> 00:18:49,019
right policy for that. John
McCain is gonna is has has all

305
00:18:49,019 --> 00:18:53,099
the policies on the table. And
she says, Oh, Willie, I saw it.

306
00:18:53,099 --> 00:18:55,559
It was fantastic. I love the
skit. I laughed. I couldn't

307
00:18:55,559 --> 00:18:57,779
actually hear what was being
said, because I had the sound

308
00:18:57,779 --> 00:19:01,229
turned way down. But boy, I
really loved it. Miss Palin,

309
00:19:01,229 --> 00:19:05,549
could you play Tina Fey on
Saturday Night Live? Absolutely.

310
00:19:05,549 --> 00:19:07,229
I could you better believe I
could.

311
00:19:07,770 --> 00:19:09,750
And she'll be on tour. You can
count on us. Absolutely. And

312
00:19:09,750 --> 00:19:13,020
she's and she is an actress and
a really good one.

313
00:19:13,410 --> 00:19:18,150
Well, here's the thing that got
me about that. Now you're her.

314
00:19:18,960 --> 00:19:22,440
And you know, you're just in out
of Alaska. And you sound like

315
00:19:22,440 --> 00:19:25,710
you're from Minnesota. Yeah. And
you You're, you're somehow

316
00:19:25,710 --> 00:19:30,450
sitting around or you've heard
about Tina Fey on a national

317
00:19:30,450 --> 00:19:35,160
television show is going to
imitate you and your dad and

318
00:19:35,160 --> 00:19:38,070
you're going to just found out

319
00:19:38,100 --> 00:19:39,690
I mean, how about what else?

320
00:19:41,160 --> 00:19:43,980
What if that's an out and out
lie? Yeah, of course. It's a

321
00:19:43,980 --> 00:19:47,280
lie. But but that's because I
don't care who you are. Even

322
00:19:47,280 --> 00:19:50,850
though you know, they're gonna
slam you. You're gonna if it's

323
00:19:50,850 --> 00:19:54,060
going to be Tina Fey doing a
comedy act, you have to see what

324
00:19:54,060 --> 00:19:57,150
she's saying. So you can at
least be upset about it.

325
00:19:58,740 --> 00:20:06,600
So you Gee, that's a revelation.
A liars. Wow, that's a big one.

326
00:20:06,629 --> 00:20:10,769
It happened now but anyway, so
that was that was pretty lame,

327
00:20:10,799 --> 00:20:14,219
but pay attention, John pay
attention and she's passing on

328
00:20:14,219 --> 00:20:18,659
the talking point the talking
points just beautifully in very

329
00:20:18,659 --> 00:20:23,699
short, understandable Joe Blow
bursts of sound bites it's

330
00:20:23,729 --> 00:20:25,469
awesome with it. It's awesome.

331
00:20:26,009 --> 00:20:30,209
Yeah, well that's what you're
supposed to do. Now the problem

332
00:20:30,209 --> 00:20:32,309
with Obama is that he doesn't
keep track of the talking

333
00:20:32,309 --> 00:20:37,589
points. So he is he's always
going. He's thinking and making

334
00:20:38,819 --> 00:20:45,929
Berkeley like sound I'm going
through the list. Yeah.

335
00:20:45,960 --> 00:20:50,580
Of which one that which one to
pull up? Yeah. Well, you can see

336
00:20:50,640 --> 00:20:54,540
when John McCain, when he said
the he alluded that the

337
00:20:54,540 --> 00:20:58,260
fundamentals of the economy were
strong. And then, you know, the

338
00:20:58,290 --> 00:21:01,920
the press jumped on that, I
guess the press being maybe CNN

339
00:21:01,920 --> 00:21:06,360
jumped on it. And, and then they
gave him new talking points. And

340
00:21:06,360 --> 00:21:08,850
you know, that for him to
explain what he exactly exactly

341
00:21:08,850 --> 00:21:11,370
meant. And you can see him
looking down on his cue cards

342
00:21:11,370 --> 00:21:14,370
the whole time bumbling around
trying to read the lines to look

343
00:21:14,370 --> 00:21:16,890
kind of comfortable because
there's no teleprompter. And one

344
00:21:16,890 --> 00:21:20,550
of these kind of like stump
stump speech scenarios. It's

345
00:21:20,550 --> 00:21:22,590
just this they're actors, and
they're not writing any of that.

346
00:21:22,590 --> 00:21:24,900
They don't know what the hell to
say done in touch with anything.

347
00:21:24,930 --> 00:21:27,150
Get in touch with what's going
on. Then you don't have time to

348
00:21:27,150 --> 00:21:30,690
read a newspaper to for the
headline, let alone listen to

349
00:21:30,690 --> 00:21:31,770
the sound of the skit.

350
00:21:32,820 --> 00:21:36,060
Right? Look, I'm on television.
I

351
00:21:36,060 --> 00:21:39,060
haven't got tired. I don't want
to hear it. I sure who cares.

352
00:21:39,660 --> 00:21:45,540
But she looks like me. Man,
actually, that was a pretty

353
00:21:45,540 --> 00:21:49,740
funny bit. It was great. And it
wasn't. It wasn't particularly

354
00:21:49,740 --> 00:21:54,810
insulting by any means. It was
actually quite funny. Yeah, they

355
00:21:54,810 --> 00:22:00,900
work. Yeah, I thought it worked.
So it actually did that thing.

356
00:22:00,930 --> 00:22:04,170
The thing that she did the most,
which I because I was annoyed by

357
00:22:04,170 --> 00:22:07,530
this. Apparently Tina Fey was a
fairly good mimic. She does a

358
00:22:07,530 --> 00:22:13,980
Donner Condoleezza Rice that is
absolutely hilarious. Yeah. But

359
00:22:14,040 --> 00:22:16,950
she did that thing with her
mouth that Palin kept doing

360
00:22:16,950 --> 00:22:21,570
which was either it's like, it's
like a mature lip up. Yeah, you

361
00:22:21,570 --> 00:22:24,300
lower lip up above the upper
lip. And then I guess wiping

362
00:22:24,300 --> 00:22:27,960
your teeth with your tongue.
While your mouth is closed. It's

363
00:22:27,960 --> 00:22:28,110
kind

364
00:22:28,110 --> 00:22:31,080
of like like a MySpace picture
pose.

365
00:22:32,700 --> 00:22:36,300
Yeah, so to take effect was just
constantly doing that just

366
00:22:36,330 --> 00:22:42,090
constantly. This this funny
looking thing that she does now

367
00:22:42,090 --> 00:22:44,220
was very good. She's not
attractive. By the way, it's

368
00:22:44,220 --> 00:22:48,510
Palin, somebody in payments camp
should tell her to stop it. Or

369
00:22:48,510 --> 00:22:51,030
wear better lipstick because the
only reason you know a lot of

370
00:22:51,030 --> 00:22:53,910
women get into the habit of
cleaning their teeth with their

371
00:22:53,940 --> 00:22:56,790
tongue is because because they
get to go over the teeth.

372
00:22:57,780 --> 00:23:03,690
And she's wearing her hair down
now, which I like. I was waiting

373
00:23:03,690 --> 00:23:07,170
for that. We didn't actually see
the transition. But yeah, I like

374
00:23:07,170 --> 00:23:12,180
that. But a circus man what a
circus anyway, so here's what I

375
00:23:12,180 --> 00:23:14,250
predict will happen. John, if
you don't mind me just going out

376
00:23:14,250 --> 00:23:17,460
on a limb because you're much
more positive than I am. I

377
00:23:17,460 --> 00:23:24,960
think. But I see the market
moving along. I see this RTC

378
00:23:24,960 --> 00:23:29,280
getting put in place and I see
October 2, they take off the

379
00:23:29,280 --> 00:23:32,700
short selling restrictions.
takes about a month for shit to

380
00:23:32,700 --> 00:23:36,750
start barreling down we go into
full blown crisis and the

381
00:23:36,750 --> 00:23:45,570
elections are postponed brother
that's I think that's a very

382
00:23:45,570 --> 00:23:49,320
feasible scenario. And it won't
be it won't be because the

383
00:23:49,320 --> 00:23:53,280
financials are dead it will be
because foods not rolling

384
00:23:53,790 --> 00:23:58,410
lections postponed. All right.
Well, that's a good theory. Keep

385
00:23:58,890 --> 00:24:02,610
people as listening Do you think
that's crazy? People out there

386
00:24:02,610 --> 00:24:06,060
listening taking note, please
because I can't I've you know,

387
00:24:06,060 --> 00:24:09,300
we've said stupid things on the
show before. He's again nobody

388
00:24:09,300 --> 00:24:12,960
documents it. Well, and the two
of us, it's all a matter of

389
00:24:12,960 --> 00:24:18,690
history. Let me finish the two
of us are too lazy to ever go

390
00:24:18,690 --> 00:24:22,230
back and or even take notes
while we're doing the show. So

391
00:24:22,230 --> 00:24:25,380
out so it'd be some vague
reference six months from now.

392
00:24:25,380 --> 00:24:27,840
Yeah, didn't you say when
everybody's gonna be like two

393
00:24:27,840 --> 00:24:31,890
old men. So I want the public
out there that listens to the

394
00:24:31,890 --> 00:24:33,990
show to do it. You know, to
somebody out there's got to be

395
00:24:33,990 --> 00:24:36,570
some gadget that just likes to
document everything besides

396
00:24:36,570 --> 00:24:39,330
Baba, who does a good job with
the notes but he's not going to

397
00:24:39,330 --> 00:24:40,380
go back and give us

398
00:24:41,100 --> 00:24:43,500
but none of the people are
documenting this because they've

399
00:24:43,500 --> 00:24:46,530
all called me on my $200 a
barrel oil which of course is

400
00:24:46,530 --> 00:24:48,360
because you keep calling me on
it, which

401
00:24:49,860 --> 00:24:51,510
you bought into that bullshit.

402
00:24:51,780 --> 00:24:56,700
Like we got pretty close. We got
to almost 150 Bill service.

403
00:24:56,820 --> 00:24:59,970
Yeah, come on. Oh, but anyway,
so you know, I said all right.

404
00:25:00,000 --> 00:25:02,670
I'm wrong, but now you know, I'm
pretty sure we're gonna write it

405
00:25:02,670 --> 00:25:05,820
down to 60. And I'm wrong.
That's all right.

406
00:25:06,480 --> 00:25:08,760
Okay, here's what I think's
going to happen, then, if you're

407
00:25:08,760 --> 00:25:11,580
gonna make the prediction that
the the key element of your

408
00:25:11,580 --> 00:25:14,730
prediction is that the elections
are going to be postponed, Yes,

409
00:25:14,730 --> 00:25:18,360
correct. Yeah, that will, that's
not going to happen. What's

410
00:25:18,360 --> 00:25:21,090
gonna happen is kind of what
you're seeing, you're gonna,

411
00:25:21,120 --> 00:25:25,770
there's gonna be a hesitation
around the day that the short

412
00:25:25,770 --> 00:25:29,100
selling is instituted, but it's
probably going to just be a

413
00:25:29,100 --> 00:25:32,220
blip. And then people are gonna
know there's an election coming

414
00:25:32,220 --> 00:25:34,320
and things are going to change
because of the administration is

415
00:25:34,320 --> 00:25:37,620
going to be swapped out. The
election is going to take place,

416
00:25:37,980 --> 00:25:40,200
and everyone knows what I think
is going to happen. But it

417
00:25:40,200 --> 00:25:42,720
doesn't make any difference.
Either guy can win. And

418
00:25:43,830 --> 00:25:48,450
whichever guy wins, the stock
market starts to starts to take

419
00:25:48,450 --> 00:25:54,120
off. And it'll be on that within
a week. People reevaluate

420
00:25:54,120 --> 00:25:56,430
everything and they're gonna,
you know, save as Obama Oh, he's

421
00:25:56,430 --> 00:25:59,340
got all these experts. He's got
the economic experts, he's got a

422
00:25:59,340 --> 00:26:02,220
new way of doing things. The
Democrats have had a lot of

423
00:26:02,220 --> 00:26:05,370
prosperity, wonder Clinton, even
though he's more of a Republican

424
00:26:05,370 --> 00:26:08,940
in my way of thinking, and then
this thing's gonna skyrocket.

425
00:26:08,940 --> 00:26:12,120
Same thing with McCain. Oh,
good. The Republicans, at least

426
00:26:12,120 --> 00:26:14,010
we don't have to worry about the
Democrats screwing things up. So

427
00:26:14,010 --> 00:26:17,430
things are going to skyrocket.
So the market is going to rock

428
00:26:17,430 --> 00:26:21,750
it. And here's the basic premise
that I always have.

429
00:26:22,170 --> 00:26:25,020
But you're talking about the
market chon the market is one

430
00:26:25,020 --> 00:26:27,300
thing. I mean, the market can do
whatever the fuck it wants to

431
00:26:27,300 --> 00:26:30,330
do. But what's actually going on
is what's happening to the

432
00:26:30,330 --> 00:26:33,480
economy, the real economy and
the wealth of people and the

433
00:26:33,510 --> 00:26:37,020
value of their money. That I
mean, yeah, the market? Yeah,

434
00:26:37,260 --> 00:26:39,270
yeah, no, I'm just saying, but
I'm when I say the market, I

435
00:26:39,270 --> 00:26:40,620
mean, the stock market, but

436
00:26:42,300 --> 00:26:45,480
it's taken me 48 shows to
understand that when you talk

437
00:26:45,480 --> 00:26:48,270
about the stock market that way,
that doesn't actually have

438
00:26:48,360 --> 00:26:51,510
anything to do with what the
actual economy will be doing.

439
00:26:51,930 --> 00:26:54,900
Yeah, no, it will still be in
the toilet. But people, there'll

440
00:26:54,900 --> 00:26:58,350
be more jobs. And if the housing
market will recover, the value

441
00:26:58,350 --> 00:27:00,180
of things will go up and the
value of the dollar will

442
00:27:00,180 --> 00:27:02,610
probably improve and
everything's going to be rosy.

443
00:27:02,610 --> 00:27:05,100
The reason for that is because
and this is what I was trying to

444
00:27:05,100 --> 00:27:08,790
say earlier, which is that you
can't really have an economic

445
00:27:08,790 --> 00:27:13,800
collapse, the way you're
describing it. Because the

446
00:27:13,800 --> 00:27:17,460
public's not involved enough.
The only time you have an

447
00:27:17,460 --> 00:27:21,120
economic collapse is when the
entire system, and I below

448
00:27:21,120 --> 00:27:23,310
cynical about this, and people
think well, you're just kidding,

449
00:27:23,340 --> 00:27:27,030
as usual. But I think that if
you look at the way these things

450
00:27:27,030 --> 00:27:31,140
work, it's never the guys at the
top and we see some evidence of

451
00:27:31,140 --> 00:27:35,400
it with these, these creepies
executives who, you know, took

452
00:27:35,400 --> 00:27:39,570
$200 million a year out of their
companies while they were losing

453
00:27:39,570 --> 00:27:45,240
money until the public at large
is invested into the market

454
00:27:45,240 --> 00:27:48,450
where it's their money where
they know that and the end

455
00:27:48,450 --> 00:27:53,010
result that the suckers at the
very end that are suddenly back

456
00:27:53,010 --> 00:27:55,470
in the market. And we haven't
seen that for a while. I mean,

457
00:27:55,470 --> 00:27:58,920
they were in the market in the
late 90s When it tanked you

458
00:27:58,920 --> 00:28:01,470
know, they were heavily in the
market in the, in the, in the

459
00:28:01,470 --> 00:28:04,740
1920s. When a tank there were in
the market in the late 60s, I

460
00:28:04,740 --> 00:28:09,000
remember my parents bought some
stock for some dipshit company

461
00:28:09,000 --> 00:28:11,970
in the middle of nowhere out of
the blue and like in 1968 or

462
00:28:11,970 --> 00:28:16,530
9667. You know, I'm a little
kid, but there's, they're going

463
00:28:17,040 --> 00:28:19,410
to always have oh, yeah, we had
to buy the stock because my

464
00:28:19,410 --> 00:28:22,500
sister in law is working for
this company. And it's gonna do

465
00:28:22,500 --> 00:28:25,650
this and that and, you know,
it's like, they never own stock

466
00:28:25,650 --> 00:28:30,570
ever. But now they're buying
stock. So until that, so you

467
00:28:30,570 --> 00:28:33,720
have to have to set up the the
game has to be set up in such a

468
00:28:33,720 --> 00:28:38,640
way that the public at large
jumps into the market pushes

469
00:28:38,640 --> 00:28:41,220
this thing to some ridiculous
highs. I'm thinking Dow Jones

470
00:28:41,220 --> 00:28:45,360
30,000, by the way, and then you
pull the rug out from under and

471
00:28:45,360 --> 00:28:47,940
everybody's out except the
public. They're the ones who

472
00:28:47,940 --> 00:28:50,730
take it in the shorts. You know,
this is like the, you know,

473
00:28:50,760 --> 00:28:53,370
everything else that the public
is screwed over with, like the

474
00:28:53,400 --> 00:28:56,790
lotteries, for example, where
you get where they only return

475
00:28:56,790 --> 00:29:00,330
50% of the money, but who buys
those stupid lottery tickets.

476
00:29:00,540 --> 00:29:03,630
It's the public, you know, so
every state now has some

477
00:29:03,750 --> 00:29:06,810
lottery. So every dummy in the
world can like give their money

478
00:29:06,810 --> 00:29:09,780
to the government freely, you
know, they like it, you know,

479
00:29:09,780 --> 00:29:13,260
they like to gamble, you know,
maybe they can win $10 billion.

480
00:29:14,370 --> 00:29:17,640
It's ridiculous as a joke. It's
It's hilarious. Okay, but So

481
00:29:17,640 --> 00:29:20,190
following on, so that hasn't
happened. So there's not going

482
00:29:20,190 --> 00:29:21,060
to be any collapse.

483
00:29:22,590 --> 00:29:26,520
Okay, well, I just see it
differently. I mean, I think, I

484
00:29:26,520 --> 00:29:31,650
think the collapse of these.
Look, every, every company,

485
00:29:31,650 --> 00:29:35,100
every publicly listed company
has all kinds of debt. And, you

486
00:29:35,100 --> 00:29:38,100
know, it's just I don't know, I
just don't I don't I see it more

487
00:29:38,100 --> 00:29:44,880
as a as a direct hit to, well, a
to the value of the dollar,

488
00:29:44,880 --> 00:29:48,690
which they can only keep, you
know, propped up so long. It's

489
00:29:48,690 --> 00:29:51,840
going up. And, you know, the I
think the pension funds, you

490
00:29:51,840 --> 00:29:53,640
know, those are pretty much
wiped out.

491
00:29:54,270 --> 00:29:56,790
But yeah, that's the public that
they don't you know, they won't

492
00:29:56,790 --> 00:29:57,600
get their pensions

493
00:29:57,630 --> 00:30:01,680
but What I miss is the outrage
if We can spend, I guess it's

494
00:30:01,680 --> 00:30:05,580
going to be at least a trillion
dollars, maybe much, much more

495
00:30:05,580 --> 00:30:09,150
than that. How can we couldn't
fix healthcare with that kind

496
00:30:09,150 --> 00:30:09,270
of.

497
00:30:09,660 --> 00:30:14,700
That's what that's what kills me
about. We can throw a trillion

498
00:30:14,700 --> 00:30:20,400
dollars at these crooks. And we
can spend a couple of billion on

499
00:30:20,400 --> 00:30:21,660
healthcare. It's hilarious,

500
00:30:21,689 --> 00:30:29,849
unbelievable. I mean, even the
180 billion for what I've lost

501
00:30:29,849 --> 00:30:33,719
track now was 85 billion for
AIG. Right? I mean, that could

502
00:30:33,719 --> 00:30:36,089
that could have fixed health
care for a long time.

503
00:30:38,610 --> 00:30:41,820
I know we could have had we
could have had colonies on Mars

504
00:30:41,820 --> 00:30:42,630
for this kind of money.

505
00:30:44,430 --> 00:30:47,250
But so how come no one's I have
Am I the only person that's

506
00:30:47,280 --> 00:30:48,420
like, pissed off?

507
00:30:49,440 --> 00:30:51,690
No, there's a lot of guys that
are pissed off, but they're all

508
00:30:51,690 --> 00:30:55,290
like you. They read the
Financial Times. You know, it's

509
00:30:55,290 --> 00:30:58,980
just a minority of people. It's
turns out to be inconsequential.

510
00:31:01,230 --> 00:31:03,000
Unless there's riots in the
street,

511
00:31:03,180 --> 00:31:05,850
well, just continuously a white
Why wouldn't that happen? You

512
00:31:05,850 --> 00:31:08,760
know that, you know, that
they're now their tent cities

513
00:31:08,760 --> 00:31:11,670
being built in every single
major metropolis around the

514
00:31:11,670 --> 00:31:19,200
United States. And when you
don't think about like green you

515
00:31:19,200 --> 00:31:21,270
know, like the green army tents,
I mean, these are like

516
00:31:21,270 --> 00:31:24,630
commercial tents. Now, then this
people just have no, they have

517
00:31:24,630 --> 00:31:28,740
no home anymore, and they're
just gonna go live in a tent.

518
00:31:31,170 --> 00:31:33,510
I don't know of any 10 cities
around the San Francisco Bay

519
00:31:33,510 --> 00:31:34,080
area.

520
00:31:35,460 --> 00:31:38,100
There's one I know there's one
in San Diego. I read. I was

521
00:31:38,100 --> 00:31:38,730
reading that

522
00:31:39,420 --> 00:31:42,300
was probably for the illegal
aliens that came over they need

523
00:31:42,300 --> 00:31:43,950
some place to stay. No, no,
these

524
00:31:43,950 --> 00:31:46,080
are people like you and me who
happen to have a tent in their

525
00:31:46,080 --> 00:31:52,650
garage. People living to have a
garage with a stand that sorry,

526
00:31:52,650 --> 00:31:55,320
because they get kicked out of
their houses. on hard times.

527
00:31:55,320 --> 00:31:58,080
tent cities rise across the
country. And then they show a

528
00:31:58,080 --> 00:32:02,370
map and this is ever this is a
AP story from two days ago, a

529
00:32:02,370 --> 00:32:06,570
few tents cropped up hard by the
railroad tracks pitched by men

530
00:32:06,570 --> 00:32:10,710
left with nowhere to go once the
emergency winter shelter closed

531
00:32:10,710 --> 00:32:13,860
for the summer. Then others
appeared people who had lost

532
00:32:13,860 --> 00:32:17,280
their jobs to the ailing
economy, or newcomers who had

533
00:32:17,280 --> 00:32:21,450
moved to Reno for work. This is
a reno story and discovered no

534
00:32:21,450 --> 00:32:25,290
one was hiring. Within weeks,
more than 150 people were living

535
00:32:25,290 --> 00:32:28,470
in tents, big and small, barely
a foot apart and a patch of

536
00:32:28,470 --> 00:32:32,190
dirt. slated to be a parking lot
for a campus. This is written by

537
00:32:32,190 --> 00:32:37,110
some novelist wannabe. Where
they put apart I mean, how much

538
00:32:37,140 --> 00:32:39,480
is it? There's just building
tents in the middle of nowhere

539
00:32:39,480 --> 00:32:43,440
in the Nevada desert, they can
give themselves a little space.

540
00:32:43,440 --> 00:32:46,170
I mean, this doesn't spring
right when I'm reading it.

541
00:32:47,400 --> 00:32:49,320
It is kind of a nice piece of
prose there.

542
00:32:49,950 --> 00:32:51,270
It's a little corny.

543
00:32:53,580 --> 00:32:55,800
And that's only in Reno and that
doesn't have any other place

544
00:32:56,160 --> 00:32:58,590
that goes on and I'll continue
let me read another couple of

545
00:32:58,740 --> 00:33:02,820
couple more paragraphs or
another paragraph was in waste,

546
00:33:02,820 --> 00:33:07,110
blah, blah blah, was building
his homeless pockets his patch

547
00:33:07,110 --> 00:33:11,190
of dirt slated to be a parking
lot for a campus of shelters.

548
00:33:11,430 --> 00:33:14,040
Reno is building for its
homeless population. Like many

549
00:33:14,040 --> 00:33:18,000
other cities, Reno has found
itself with a tent city, an

550
00:33:18,000 --> 00:33:22,230
encampment of people who had
nowhere else to go from Seattle

551
00:33:22,290 --> 00:33:25,980
to Athens, Georgia, Homeless
Advocacy groups and city

552
00:33:25,980 --> 00:33:28,950
agencies are reporting the more
visible rise in homeless

553
00:33:28,950 --> 00:33:33,480
encampments in a generation.
nearly 61% of local and state

554
00:33:33,480 --> 00:33:36,780
homeless coalition's have said
they've experienced a rise in

555
00:33:36,780 --> 00:33:40,530
homelessness as the foreclosure
crisis began. Oh, that's, that's

556
00:33:40,530 --> 00:33:44,280
the reason. You know that? Does
anybody remember hands across

557
00:33:44,280 --> 00:33:47,490
America? Yeah, remember that?
Sure. That was supposed to end

558
00:33:47,490 --> 00:33:52,560
homelessness was a huge jump. It
was just a big scam and work

559
00:33:52,740 --> 00:33:53,550
crap.

560
00:33:55,410 --> 00:33:58,710
Well, it's not like, like, we
don't have homelessness in San

561
00:33:58,710 --> 00:34:01,620
Francisco. John, I mean, you
can't walk down the street

562
00:34:01,620 --> 00:34:02,400
without what's true.

563
00:34:02,400 --> 00:34:05,850
I mean, there's someone this has
been going on this has been the,

564
00:34:05,880 --> 00:34:11,940
the earmark of the of the entire
Aeon beginning in 1980. actually

565
00:34:11,940 --> 00:34:16,290
be in probably in the 70s during
the economic crisis of that era.

566
00:34:16,740 --> 00:34:21,270
But it's pretty much established
itself as a as a just it's going

567
00:34:21,270 --> 00:34:25,500
to be here. You know, basically,
it's, it's kind of mediaeval in

568
00:34:25,500 --> 00:34:28,050
San Francisco, there's so many
homeless people that you have to

569
00:34:28,050 --> 00:34:31,890
pay toll literally, like you
would have to end up in the

570
00:34:31,890 --> 00:34:36,090
Middle Ages and when you're
crossing some part and walking

571
00:34:36,120 --> 00:34:39,510
down a certain block Yeah, you
got to give this guy some money

572
00:34:39,510 --> 00:34:43,290
and that guy somebody they get
through to the end. I mean, it's

573
00:34:43,290 --> 00:34:46,050
not a lot of money but you know,
it's a basically redistribution

574
00:34:46,050 --> 00:34:48,960
of wealth. You know, buck here
in a buck there, you you're the

575
00:34:48,960 --> 00:34:50,580
big spender, you give them five.

576
00:34:50,759 --> 00:34:55,229
It was funny. So I was outside
this party in Amsterdam was

577
00:34:55,229 --> 00:34:57,419
going for smoke. So I'm standing
there, I'm looking at my mail

578
00:34:57,419 --> 00:35:05,189
and stuff, and a guy walks By
and homeless, and he says mumble

579
00:35:05,189 --> 00:35:08,759
something whatever you think he
spoke German. I'll give you some

580
00:35:08,759 --> 00:35:11,189
money. So I've reached my
pocket. And I gave him a coin

581
00:35:11,189 --> 00:35:15,329
which I wasn't quite sure I
thought it gave him a a two euro

582
00:35:15,329 --> 00:35:20,789
coin. And I got comes back. He
said, This is not real money. It

583
00:35:20,789 --> 00:35:24,239
was a two pound coin as well.
It's two pounds. It's real

584
00:35:24,239 --> 00:35:26,369
money. Yeah, but I can't spend
that so we'll keep it for good

585
00:35:26,369 --> 00:35:26,669
luck.

586
00:35:28,619 --> 00:35:31,169
Go away, she give you the finger
and walk away.

587
00:35:31,620 --> 00:35:35,640
Came back. God dammit. Came back
a bad game. This

588
00:35:35,639 --> 00:35:43,259
isn't real money. At one time I
was in. I was I think it was

589
00:35:43,259 --> 00:35:47,609
London floating around and some
really guy with a sad story

590
00:35:47,609 --> 00:35:51,569
some, you know, homeless,
whatever, whatever you want to

591
00:35:51,569 --> 00:35:56,969
call him. Beggar comes up to me
and switches someone I saw I

592
00:35:56,969 --> 00:36:00,029
gave him like a pound or
something like that. And I swear

593
00:36:00,029 --> 00:36:03,179
to God, this truck was driving
by with a bunch of guys in it.

594
00:36:03,179 --> 00:36:06,809
And they stopped and started
screaming at me. Yeah, because

595
00:36:06,810 --> 00:36:08,760
yeah, don't don't don't give
them any time.

596
00:36:09,510 --> 00:36:14,820
Yeah, I mean, they were really
mad. And I said, Wow, British,

597
00:36:14,850 --> 00:36:17,460
these guys are harsh over here.
You know?

598
00:36:19,739 --> 00:36:24,509
Has there been an instance in US
history where the elections were

599
00:36:24,509 --> 00:36:25,139
postponed?

600
00:36:25,800 --> 00:36:30,870
Nope. Well, maybe in the 1700s
or the early 1800s? It's

601
00:36:30,870 --> 00:36:33,660
possible. I mean, I don't know
if there was even a firm date.

602
00:36:34,590 --> 00:36:36,450
That's a good question. As a
matter of fact, I should know

603
00:36:36,450 --> 00:36:40,440
that. But I don't. But no, I
don't not in in modern history.

604
00:36:42,000 --> 00:36:44,340
Because there is all kinds of
scenes. There's all kinds of

605
00:36:44,340 --> 00:36:48,630
stuff on the internet about, I
guess, some policy or something

606
00:36:48,630 --> 00:36:51,450
that the Bush administration has
done to be able to cancel the

607
00:36:51,450 --> 00:36:55,980
elections. Here now the Bush
administration has let it known

608
00:36:55,980 --> 00:36:57,990
to laying the foundations for
the postponement and

609
00:36:57,990 --> 00:36:59,520
cancellation of the elections

610
00:37:00,090 --> 00:37:03,930
Yeah, this is this is a this is
a big right I'm sure this is

611
00:37:03,930 --> 00:37:08,520
running some crock of crap is
what it is is a meme Bull. I

612
00:37:08,520 --> 00:37:14,790
mean what they want to get out
of there you think of course

613
00:37:16,710 --> 00:37:20,460
they're going to be the drum you
know they have to get out of

614
00:37:20,460 --> 00:37:28,230
there they they're scrambling to
get out I don't think they I

615
00:37:28,230 --> 00:37:31,260
don't think they even care who
wins. I mean the logic would

616
00:37:31,260 --> 00:37:33,660
ended by the way if they
postponed this thing for one day

617
00:37:33,660 --> 00:37:37,410
they must have just give the
country to the Democrats when

618
00:37:37,410 --> 00:37:38,250
they can't do that

619
00:37:40,110 --> 00:37:43,890
well, all I know is I think our
founding fathers were very very

620
00:37:43,890 --> 00:37:48,180
very very smart when they
introduced the Second Amendment

621
00:37:53,730 --> 00:37:55,920
seriously so it was armed to the
teeth

622
00:37:56,369 --> 00:37:59,999
well it says it says right there
to protect the country from

623
00:38:00,209 --> 00:38:03,359
enemies from what does it the
outside and from within

624
00:38:04,889 --> 00:38:06,239
the safe within?

625
00:38:06,510 --> 00:38:11,130
I think it does I think it
literally says within well

626
00:38:11,130 --> 00:38:13,620
that's that's why I like it so
much that I'm talking we're

627
00:38:13,620 --> 00:38:16,080
talking we're referring to the
Second Amendment the right to

628
00:38:16,080 --> 00:38:20,250
bear arms because of course if
you only had 1% of the guns in

629
00:38:20,250 --> 00:38:23,490
America take to the streets that
would be millions and millions

630
00:38:23,490 --> 00:38:28,590
of guns millions and we could
actually take back what's

631
00:38:28,590 --> 00:38:29,550
rightfully ours

632
00:38:31,260 --> 00:38:34,020
the well regulated militia being
necessary to security of the

633
00:38:34,020 --> 00:38:36,840
Free State the right of the
people to keep and bear arms

634
00:38:36,840 --> 00:38:39,540
shall not be infringed and
that's it but enemies within Are

635
00:38:39,540 --> 00:38:40,110
you sure

636
00:38:40,830 --> 00:38:45,750
read though I'm looking at it
it's gotta be some fine print

637
00:38:45,750 --> 00:38:51,510
there it doesn't I thought it
said I've always understood it

638
00:38:51,510 --> 00:38:55,050
said enemies from outside or
where they would protect it from

639
00:38:55,080 --> 00:38:59,490
evil from our sounds like I mean
that's well are you reading it

640
00:38:59,490 --> 00:39:02,010
or what are you I'm looking at
it but I'm gonna have to get the

641
00:39:02,010 --> 00:39:04,500
whole I'm trying to find that
you're looking at the two

642
00:39:04,500 --> 00:39:08,310
versions they point out what two
versions of the Constitution

643
00:39:09,030 --> 00:39:12,570
there was a notice to disability
rights a Bill of Rights I'm

644
00:39:12,570 --> 00:39:16,080
sorry yeah. Yeah, there was a
version that went out that was

645
00:39:16,080 --> 00:39:19,320
passed by the House and Senate
and there was another copy of

646
00:39:19,380 --> 00:39:21,960
slightly worded slightly
differently that was sent out to

647
00:39:21,960 --> 00:39:22,680
the states

648
00:39:22,709 --> 00:39:26,219
really I didn't know that that's
interesting. So which one is

649
00:39:26,249 --> 00:39:26,759
valid?

650
00:39:26,820 --> 00:39:29,760
Is it the difference is like the
one or two words is not doesn't

651
00:39:29,760 --> 00:39:32,340
mean anything but there's no I
don't see any enemies. I'm

652
00:39:32,340 --> 00:39:38,760
trying to find a to text a
simple straightforward the well

653
00:39:38,760 --> 00:39:40,830
regulated militia being
necessary the security of the

654
00:39:40,830 --> 00:39:42,630
Free State the right of the
people to keep and bear arms

655
00:39:42,630 --> 00:39:45,630
shall not be infringed. That's
it doesn't say anything about

656
00:39:45,630 --> 00:39:50,070
enemies from within and without.
Okay, I am wrong.

657
00:39:51,180 --> 00:39:52,290
Then I stand corrected.

658
00:39:56,400 --> 00:39:59,100
No, it's everything's pretty
succinct. You know, they don't

659
00:39:59,100 --> 00:40:04,410
go into a lot of things.
theoretical reasons okay. Within

660
00:40:05,310 --> 00:40:08,340
an in case anyone named Bush's
President

661
00:40:10,679 --> 00:40:11,699
Well, anyway,

662
00:40:12,719 --> 00:40:15,419
I can still hear you calling Ron
Paul a kook.

663
00:40:16,259 --> 00:40:18,809
Can you make like Ron Paul?

664
00:40:18,839 --> 00:40:21,509
Yeah well he's he's definitely
been predicting a lot of this

665
00:40:21,509 --> 00:40:23,879
shit happening. He's he was
mister get rid of the Fed

666
00:40:23,879 --> 00:40:26,819
investigate the Fed. This is all
messed up. They've created a

667
00:40:26,819 --> 00:40:32,789
bubble. Well, I think he totally
nailed it. We should have him on

668
00:40:32,789 --> 00:40:35,099
this show. He should he should
be the guy calling the shots

669
00:40:35,099 --> 00:40:38,429
here. He actually he's actually
predicting stuff that's

670
00:40:38,429 --> 00:40:38,999
happening.

671
00:40:40,739 --> 00:40:43,619
We don't need him here with you
on the show.

672
00:40:45,420 --> 00:40:47,790
You know, here's something
really cool or cool or

673
00:40:47,790 --> 00:40:52,140
interesting. A popped up on on
some of the aviation forums.

674
00:40:52,260 --> 00:40:56,700
Yeah. You know what a no, Tam
is, it's a notice to Airmen. And

675
00:40:56,910 --> 00:41:00,210
they're issued, a couple of
people can issue them. The FAA

676
00:41:00,210 --> 00:41:05,130
in America, of course, can
always issue one. But certain

677
00:41:05,130 --> 00:41:10,380
air sectors, so a JFK could
issue every airfield has no

678
00:41:10,380 --> 00:41:13,620
tabs, it just tells you
different stuff to look out for.

679
00:41:13,620 --> 00:41:19,380
And you can also call a
temporary restricted area tra or

680
00:41:19,380 --> 00:41:23,220
trs, which would be for space
where you can where you're not

681
00:41:23,220 --> 00:41:28,680
allowed to fly. And what's
interesting about this, there's

682
00:41:28,680 --> 00:41:33,240
no time a no fly zone that was
set up all along the coast of

683
00:41:33,240 --> 00:41:38,520
Texas, where we're Ike went
through as a no fly zone there.

684
00:41:39,030 --> 00:41:43,710
And no one knows who put it up.
Which, which means it was

685
00:41:43,710 --> 00:41:46,500
probably FEMA at the end of the
day. And so none of the news

686
00:41:46,500 --> 00:41:49,800
helicopters can get any footage.
It's a really thin strip of

687
00:41:49,800 --> 00:41:54,420
land. Right? It is, you know how
if you look at the, what's it

688
00:41:54,420 --> 00:42:00,000
called once that area called. If
you look at the south coast of

689
00:42:00,000 --> 00:42:05,070
Texas, there's this kind of like
Long Island strip yacht, I'm

690
00:42:05,070 --> 00:42:07,680
talking about getting near
Galveston get Galveston's on it.

691
00:42:08,430 --> 00:42:12,450
So that entire island is now a
no fly zone. So new helicopters

692
00:42:12,450 --> 00:42:14,010
are not allowed to shoot any
footage.

693
00:42:14,670 --> 00:42:17,430
Have you seen that picture
showed that were shot? Yeah,

694
00:42:17,430 --> 00:42:18,000
it's

695
00:42:17,999 --> 00:42:21,119
nothing. There's nothing left.
It's flat. It's unbelievable.

696
00:42:21,600 --> 00:42:23,370
They literally flattened the
place.

697
00:42:24,060 --> 00:42:25,560
But did I do that?

698
00:42:27,449 --> 00:42:31,559
Yeah, I think so. What else
would have done it?

699
00:42:33,060 --> 00:42:36,810
Well, I mean, that's pretty
devastating. Yeah, it's

700
00:42:36,810 --> 00:42:37,410
a mess.

701
00:42:37,860 --> 00:42:41,460
But then, but why? Why aren't
news helicopters allowed to fly

702
00:42:41,460 --> 00:42:45,450
over in? And take footage?

703
00:42:46,679 --> 00:42:51,749
That's as far as I know. I think
it's probably just some, you

704
00:42:51,749 --> 00:42:55,949
know, some bureaucrat for some
reason or other, you know, who

705
00:42:55,949 --> 00:42:59,189
knows? I mean, it did promise
these things get into the system

706
00:42:59,189 --> 00:43:01,709
then. And they nobody can
reverse it. Because nobody knows

707
00:43:01,709 --> 00:43:08,129
who did it. Yeah. Well, you
still there.

708
00:43:08,160 --> 00:43:12,960
Yeah. No, I'm looking at the
what does it say? It says,

709
00:43:13,560 --> 00:43:16,800
reason for no attempt to provide
a safe environment for disaster

710
00:43:16,800 --> 00:43:21,330
response and relief operations.
They didn't do that with

711
00:43:21,330 --> 00:43:21,930
Katrina.

712
00:43:24,540 --> 00:43:26,670
So they got I don't know why
they wouldn't need I mean, it

713
00:43:26,700 --> 00:43:29,010
doesn't make any difference.
They got plenty of pictures. It

714
00:43:29,010 --> 00:43:32,700
looks like crap. It's suspicion
that places just obliterated.

715
00:43:33,030 --> 00:43:35,430
And I'll tell you what else
amazing.

716
00:43:35,639 --> 00:43:40,469
highly suspicious, John. We've
had since Friday, the most

717
00:43:40,469 --> 00:43:45,749
absolutely stunning weather. It
has been beautiful. I mean that

718
00:43:45,749 --> 00:43:50,159
you know, almost no clouds in
the sky. Blue skies. Nice and

719
00:43:50,159 --> 00:43:54,509
warm. It's the 21st of
September. Right. And this

720
00:43:54,509 --> 00:43:57,209
weather is all of a sudden as
beautiful all across Western

721
00:43:57,209 --> 00:44:01,109
Europe. And of course, I
completely attribute that to the

722
00:44:02,609 --> 00:44:04,829
switch off of the Large Hadron
Collider.

723
00:44:07,440 --> 00:44:09,150
I don't think it was ever
switched on. Yeah, of

724
00:44:09,150 --> 00:44:12,720
course it was they switched it
on on September 10. And that's

725
00:44:12,720 --> 00:44:15,030
when the other one didn't work.
No, no, but that's my

726
00:44:15,030 --> 00:44:15,570
understanding

727
00:44:15,570 --> 00:44:18,450
is we blogged it there was a
thing came as turned out that

728
00:44:18,450 --> 00:44:19,860
they never got to do the
experiment.

729
00:44:20,040 --> 00:44:21,900
No, they haven't done the
experiment but they had they

730
00:44:21,900 --> 00:44:23,880
were spinning it up. They were
they were spinning in one

731
00:44:23,880 --> 00:44:26,280
direction than the other
direction. And they didn't get

732
00:44:26,280 --> 00:44:29,130
to the actual collision part.
But the spinning it up and when

733
00:44:29,130 --> 00:44:30,720
there's stuff going on with that
as well.

734
00:44:34,469 --> 00:44:37,049
You have a lot of magnets around
the house. Just you know that.

735
00:44:38,969 --> 00:44:43,859
Magnets are magical things, man.
I'm telling you. There's magic

736
00:44:43,859 --> 00:44:49,229
in there. Magnets. Here is you
laugh at me. You laughing

737
00:44:53,250 --> 00:44:54,690
I don't know where you get this
stuff

738
00:44:55,050 --> 00:44:55,920
from YouTube.

739
00:45:00,510 --> 00:45:01,590
So the

740
00:45:01,710 --> 00:45:03,060
you should look at someone that
shouldn't this

741
00:45:03,750 --> 00:45:08,310
weather. I like the way you just
make the leap of faith. It's not

742
00:45:08,310 --> 00:45:11,730
only the strange strange
occurrence of actually nice

743
00:45:11,730 --> 00:45:15,600
weather in the British Isles
which is like what rare in

744
00:45:15,600 --> 00:45:18,780
itself. Something worth noting
well in that but not just in the

745
00:45:18,780 --> 00:45:21,510
British It can't be just the
coincidence that the weather

746
00:45:21,510 --> 00:45:24,660
happens to be nice for whatever
reason it has to because of some

747
00:45:24,840 --> 00:45:28,620
man made you know, hadron
collider spinning. You know,

748
00:45:29,220 --> 00:45:30,900
some magic

749
00:45:30,929 --> 00:45:34,349
someone sent me a scan of the
New York Times I don't know that

750
00:45:34,349 --> 00:45:36,809
you need to blog this if you
haven't seen this already. The

751
00:45:36,809 --> 00:45:40,919
New York Times misspelt Large
Hadron Collider and made it late

752
00:45:40,919 --> 00:45:42,839
in the large heart article
lighter.

753
00:45:44,969 --> 00:45:47,219
That's funny because they
accidentally typed it in a post

754
00:45:47,219 --> 00:45:49,739
when I was talking about the
Hadron Collider I, I typed in

755
00:45:49,739 --> 00:45:54,599
hard on which is easy enough to
do. And the spell checker had

756
00:45:54,599 --> 00:45:57,539
the little squiggly I said what?
Oh, geez, that's hilarious.

757
00:45:59,100 --> 00:46:00,480
So the New York Times did it but
the

758
00:46:00,480 --> 00:46:03,960
New York Times apparently
doesn't use a spellcheck. Or

759
00:46:03,960 --> 00:46:05,880
hard on is in their dictionary,

760
00:46:06,239 --> 00:46:11,789
particularly a large one. Large
or large hard on I'll make that

761
00:46:11,789 --> 00:46:19,199
the album art. That was too
funny. Way too funny. We have

762
00:46:19,289 --> 00:46:22,859
Skype is weird today. How you
just have the headphone that you

763
00:46:22,859 --> 00:46:24,989
have nothing else, no mixing
board? Because I hate to hear

764
00:46:24,989 --> 00:46:28,769
myself going back from time to
time. Oh, that makes no sense.

765
00:46:29,729 --> 00:46:33,479
Sure. All right, what else you
got there, John, you've been

766
00:46:33,479 --> 00:46:36,419
thinking about something besides
how to make a button. Like when

767
00:46:36,419 --> 00:46:37,859
Margaret was out of control?

768
00:46:38,520 --> 00:46:40,620
I was looking at the Bill of
Rights. No, everything is very

769
00:46:40,620 --> 00:46:41,520
succinct in here.

770
00:46:42,869 --> 00:46:45,149
Yeah, what does it say about
who's in control of the frickin

771
00:46:45,149 --> 00:46:47,279
money? Hmm. What does it say
about that?

772
00:46:47,400 --> 00:46:48,630
He doesn't really care.

773
00:46:49,650 --> 00:46:51,960
But isn't it? Yeah, it does.
Isn't that there's something

774
00:46:51,960 --> 00:46:55,410
about the currency can only be
controlled by the government.

775
00:46:55,590 --> 00:46:58,980
Please tell me this intuition.
Okay. Oh, okay. That doesn't

776
00:46:58,980 --> 00:47:02,580
really matter. I guess. No,
apparently not. Little little

777
00:47:02,580 --> 00:47:07,440
booklet called the Constitution.
Well, anyway,

778
00:47:07,469 --> 00:47:10,259
there's not that many guy. I
mean, yeah, well, depends on the

779
00:47:10,259 --> 00:47:12,329
you know, the there's two
schools of thoughts about the

780
00:47:12,329 --> 00:47:15,659
Constitution. I mean, once the
Scalia thing, which is that it's

781
00:47:16,979 --> 00:47:19,979
a fixed diet is not fixed. But
it's a document that has made

782
00:47:19,979 --> 00:47:24,599
for interpretation over time.
It's not meant for wild. It's

783
00:47:24,599 --> 00:47:28,109
not thought of as a living
document that's changing, you

784
00:47:28,109 --> 00:47:32,669
know, when with the time so, you
know, suddenly it's, you can

785
00:47:32,669 --> 00:47:37,079
have gay rights or gay marriage
when the constant like Scalia

786
00:47:37,079 --> 00:47:39,989
will say that gay marriage isn't
covered in the Constitution one

787
00:47:39,989 --> 00:47:42,599
way or the other, it doesn't
care. And other people would

788
00:47:42,599 --> 00:47:46,319
say, No, the Constitution
guarantees it, but it doesn't. I

789
00:47:46,319 --> 00:47:49,529
mean, it's there's this, the
reason that people have to be,

790
00:47:49,739 --> 00:47:53,099
you know, the, whoever wins the
presidential election is one

791
00:47:53,099 --> 00:47:57,329
thing, but there's a big concern
that is about to, you know,

792
00:47:57,329 --> 00:47:59,579
there's always, especially to
somebody stays in for eight

793
00:47:59,579 --> 00:48:04,019
years, which won't happen this
time, but it can happen that

794
00:48:04,019 --> 00:48:11,069
they appoint, you know, these
various judges like that, that

795
00:48:11,069 --> 00:48:16,529
one woman whose nickname is
actually Kiki. A Supreme Court

796
00:48:16,529 --> 00:48:22,379
judge? Yeah. What's her name?
Ruth Ginsburg? Yeah. She's like

797
00:48:22,379 --> 00:48:27,479
a, like a communist. I mean, for
all practical purposes.

798
00:48:29,310 --> 00:48:35,370
Like a communist, dude. Well,
America is a socialist communist

799
00:48:35,370 --> 00:48:36,750
state. Now it's the end of it.

800
00:48:37,020 --> 00:48:41,190
Yeah. Well, that's the irony, I
suppose. A little somebody

801
00:48:41,190 --> 00:48:43,470
should maybe sue them and then
she didn't get to the Supreme

802
00:48:43,470 --> 00:48:45,420
Court. I mean, yeah, it's just

803
00:48:45,690 --> 00:48:49,020
listen to you. You're an old
school American. I mean, they

804
00:48:49,020 --> 00:48:52,050
don't come much more American
than you. Now you'd like your

805
00:48:52,050 --> 00:48:55,530
cars, you'd like your guns,
you'd like your money doesn't

806
00:48:55,530 --> 00:48:56,430
just piss you off.

807
00:48:56,460 --> 00:49:00,780
Or it's guns and money. Yeah,
that's and women and babes. But

808
00:49:00,780 --> 00:49:01,650
that doesn't this piss

809
00:49:01,650 --> 00:49:02,310
you off?

810
00:49:03,750 --> 00:49:08,790
No, doesn't actually why I mean,
you don't videos me off of these

811
00:49:08,790 --> 00:49:11,670
guys who walk away from these
companies. And this has been

812
00:49:11,670 --> 00:49:14,970
going on for years as very
annoying guys who run companies

813
00:49:14,970 --> 00:49:17,910
into the ground they don't care
about the community whatsoever.

814
00:49:18,180 --> 00:49:20,820
They run the company in the
ground they rape it they take

815
00:49:20,820 --> 00:49:24,570
the money as much as they can
give themselves bonuses for

816
00:49:24,570 --> 00:49:28,470
doing a lousy job and then
moving to Switzerland and not

817
00:49:28,470 --> 00:49:32,100
even paying their fair share of
taxes on all his ill gotten good

818
00:49:32,280 --> 00:49:35,460
gain. See, that's what pisses me
off and that's going on

819
00:49:35,460 --> 00:49:38,610
constantly. That has to be you
know, I mean, you're you're the

820
00:49:38,640 --> 00:49:42,180
you're the big defender of this
some months ago. Oh, the CEOs

821
00:49:42,180 --> 00:49:44,340
you know, people who bitch about
their pay but they do so much

822
00:49:44,340 --> 00:49:45,300
hard work.

823
00:49:45,600 --> 00:49:49,800
I'm not talking about CEOs of
financial companies who and by

824
00:49:49,800 --> 00:49:52,590
the way, I think a lot of these
guys you know, hedge funds, it's

825
00:49:52,590 --> 00:49:56,430
all in fees and then set up a
little bit differently but yeah,

826
00:49:56,460 --> 00:49:59,820
look, that's a game that doesn't
concern me. It I don't give a

827
00:49:59,820 --> 00:50:02,520
shit. What they're doing that's,
that's no, that's not a company

828
00:50:02,520 --> 00:50:06,330
that makes actual stuff or
provides anything of any real

829
00:50:06,330 --> 00:50:08,700
value is just so they provide

830
00:50:08,940 --> 00:50:12,030
financing for people who do make
real stuff. Ah,

831
00:50:12,060 --> 00:50:15,300
thank you. That's what I was
waiting to hear. So this is why

832
00:50:15,300 --> 00:50:18,540
I feel bad if not, I don't know.
So okay, so they stole money

833
00:50:18,540 --> 00:50:20,970
they took a whole bunch of I
don't really don't care. What's

834
00:50:20,970 --> 00:50:23,970
happening is all the real
companies that make real stuff

835
00:50:23,970 --> 00:50:27,000
that employ real people speaking
as an employer here, by the way,

836
00:50:27,660 --> 00:50:31,500
they get hurt. You know, people
get really, really hurt by this

837
00:50:31,500 --> 00:50:36,300
shit. But maybe I'm more of a
socialist than you are.

838
00:50:38,489 --> 00:50:39,509
You might be

839
00:50:40,560 --> 00:50:45,840
I mean that that's what really
pisses me off. I'm really, I'd

840
00:50:45,840 --> 00:50:48,540
said earlier, I really feel
shell shocked by this. I just

841
00:50:48,540 --> 00:50:51,120
can't believe it. And the
billions or the trillions and it

842
00:50:51,120 --> 00:50:53,250
all starts to run together at
the end of the day, and you kind

843
00:50:53,250 --> 00:50:56,040
of forget right and then oh,
this was so fantastic. Remember,

844
00:50:56,040 --> 00:50:59,340
Nick Leeson? Does that name ring
a bell?

845
00:50:59,820 --> 00:51:01,410
No one does. But I don't

846
00:51:01,409 --> 00:51:05,759
Nick Leeson was the derivatives
trader, I think who brought down

847
00:51:05,759 --> 00:51:06,449
bearings?

848
00:51:07,770 --> 00:51:09,210
Oh, yeah, that's a famous guy.

849
00:51:09,300 --> 00:51:13,590
Right? Well, he's he was famous
back in the day. So he wrote an

850
00:51:13,590 --> 00:51:17,610
excellent article in I think
it's a it was the maybe it was

851
00:51:17,610 --> 00:51:20,760
the Guardian all find it for
you. And he said, You know, it's

852
00:51:20,760 --> 00:51:24,180
pretty amazing. I went to jail
for six years. Because I

853
00:51:24,180 --> 00:51:29,010
basically stole 600 million. You
know, I've been in all kinds of

854
00:51:29,070 --> 00:51:32,220
programmes. Now. My, my
reputation has been, you know,

855
00:51:32,220 --> 00:51:35,430
ripped to shreds. And now we've
got these guys who are

856
00:51:35,430 --> 00:51:40,350
responsible for a huge multiple
of what I did, and they're just

857
00:51:40,350 --> 00:51:42,660
walking away with the hundreds
of millions of dollars.

858
00:51:45,420 --> 00:51:52,410
It didn't go all the way. Worse,
he's probably resentful. What am

859
00:51:52,410 --> 00:51:54,720
I doing in jail? Well, look, I'm
Michael Milken. What do you

860
00:51:54,720 --> 00:51:57,000
know, this poor guy can't even
trade stocks anymore. And he was

861
00:51:57,000 --> 00:52:00,330
like a financial genius. And he
really didn't do much more than

862
00:52:00,330 --> 00:52:03,780
invent junk junk bonds and get
involved with some little bit of

863
00:52:03,780 --> 00:52:06,900
shady trading that the whole
company was doing and he took

864
00:52:06,900 --> 00:52:12,720
the fall for and he must be
irked. Alright, so let me get

865
00:52:12,720 --> 00:52:15,540
his take on this. By the way, we
need to find somebody out there

866
00:52:15,540 --> 00:52:18,900
that needs to find Michael
milkins You know, press

867
00:52:18,900 --> 00:52:20,430
secretary and let me get a hold
of him.

868
00:52:20,460 --> 00:52:24,960
It's the same press secretary as
Michael Jackson's I think what

869
00:52:24,960 --> 00:52:27,450
they buddies weren't milking and
Jackson buddies for a while

870
00:52:27,480 --> 00:52:28,830
I know but it's possible

871
00:52:29,850 --> 00:52:31,620
they might I think there might
have been

872
00:52:31,619 --> 00:52:35,489
and I don't I don't see how that
could even happen. Okay,

873
00:52:36,179 --> 00:52:39,779
so I just I just really like to
just pick your brain and just

874
00:52:39,899 --> 00:52:44,189
you know when you when you look
at all of this debt which the

875
00:52:44,189 --> 00:52:46,829
congressional What is it
oversight committee or whatever,

876
00:52:47,429 --> 00:52:49,859
you know, feels should be on the
books the United States and we

877
00:52:49,859 --> 00:52:52,649
look I mean, isn't isn't
something going to happen? Are

878
00:52:52,649 --> 00:52:55,829
we just out of financing John
who's going to pay for forget

879
00:52:55,829 --> 00:52:57,899
the stock market? That's not
important right now? We'll just

880
00:52:57,899 --> 00:53:01,889
put the money that America owes
the rest of the world. How does

881
00:53:01,889 --> 00:53:04,259
that work? Does it just keep on
going?

882
00:53:06,719 --> 00:53:10,229
Well, it seems as though we're
doing our best to keep it going

883
00:53:10,229 --> 00:53:13,319
forever. I mean, it's
essentially you know, it's like

884
00:53:13,319 --> 00:53:16,589
you keep borrowing money to stay
it eventually you have to pay

885
00:53:16,619 --> 00:53:23,489
somebody it's a problem. I gotta
find trying to find this this

886
00:53:23,489 --> 00:53:28,109
list of getting countries its
own one the CIA Factbooks yeah.

887
00:53:29,279 --> 00:53:32,399
Can they have the worldwide list
of all the countries in debt and

888
00:53:32,399 --> 00:53:37,469
how much debt they owe? We're
like so high. It's like it's app

889
00:53:37,469 --> 00:53:41,039
FM find it senator, you're gonna
go yeah, it's just

890
00:53:41,040 --> 00:53:43,740
go holy crap. 9 trillion.

891
00:53:44,969 --> 00:53:49,709
Now, I don't need to there's
actually something we haven't

892
00:53:49,709 --> 00:53:56,699
had. I just created this is 10.
But there is there's another

893
00:53:56,729 --> 00:54:00,929
thing that's even more
frightening list. While you're

894
00:54:00,929 --> 00:54:05,999
looking at supposedly this word
10 trillion in debt, the this on

895
00:54:05,999 --> 00:54:07,859
some, I don't even know what
this website is.

896
00:54:08,790 --> 00:54:13,230
Now, while you're looking at
that, march 27 1993. Michael are

897
00:54:13,230 --> 00:54:16,560
Milken one of the world's most
infamous finance shears, claims

898
00:54:16,560 --> 00:54:19,080
to have the backing of Michael
Jackson, one of the world's most

899
00:54:19,080 --> 00:54:22,080
famous entertainers to form an
interactive educational

900
00:54:22,080 --> 00:54:25,500
television network. A
spokeswoman for Mr. Milken said

901
00:54:25,500 --> 00:54:25,980
today.

902
00:54:26,610 --> 00:54:28,800
Take totally got me on that one
that

903
00:54:28,889 --> 00:54:31,829
told you Yeah, I remember
standing together remember these

904
00:54:32,159 --> 00:54:34,829
things? Yeah. Well, you know,
that's important stuff.

905
00:54:38,820 --> 00:54:41,970
In a 10 trillion, I've got this
weird side that she was always

906
00:54:42,060 --> 00:54:42,480
getting.

907
00:54:43,080 --> 00:54:45,510
I was listening to the BBC today
on radio four, and I heard them

908
00:54:45,510 --> 00:54:48,120
talking about for the first time
I heard someone use the word

909
00:54:48,120 --> 00:54:50,880
quadrillion, which I guess is
1000 trillion. Is that a

910
00:54:50,880 --> 00:54:51,630
quadrillion?

911
00:54:52,770 --> 00:54:57,300
Probably, I don't know. I would
think of a pet a trillion or

912
00:54:57,300 --> 00:55:01,620
something. Anyway, so This is
interesting if we're 10 trillion

913
00:55:01,620 --> 00:55:05,340
in debt What do you think the UK
which has only a portion of our

914
00:55:05,340 --> 00:55:06,630
population is in debt?

915
00:55:08,849 --> 00:55:11,519
I'll bet you they're pretty high
man. They've got to be so we're

916
00:55:11,519 --> 00:55:15,119
10 trillion a bit to their
3,000,000,000,008.3

917
00:55:15,150 --> 00:55:20,280
Wow, really? And I wonder you
guys are in the tank. Shit.

918
00:55:20,520 --> 00:55:26,040
Germany's 3.9 France is 3.5
Italy's to Netherlands 1.9 which

919
00:55:26,040 --> 00:55:29,730
is high for that little country.
Spain is 1.6 which is probably

920
00:55:29,730 --> 00:55:34,560
low for them. Japan 1.5 Ireland
1.4 and Switzerland. Why are

921
00:55:34,560 --> 00:55:36,660
they in debt 1.1 Well, the

922
00:55:36,660 --> 00:55:39,630
trillion they had their own
financial crisis years back then

923
00:55:39,630 --> 00:55:41,550
they they must have gotten out
of it. I don't know how

924
00:55:41,910 --> 00:55:44,490
to find the fight with the Swiss
finances

925
00:55:49,290 --> 00:55:50,670
Wow, 8 trillion.

926
00:55:52,739 --> 00:55:55,649
Yeah, so you know, now United
Kingdom you That sounds worse

927
00:55:55,649 --> 00:55:56,549
than our 10.

928
00:55:58,139 --> 00:56:00,389
That's pretty outrageous. And
that's from like the CIA

929
00:56:00,389 --> 00:56:00,899
Factbook.

930
00:56:02,190 --> 00:56:04,980
This is actually comes from a
thing called swivel, which I

931
00:56:04,980 --> 00:56:09,720
think is derived from the CIA
Factbook. But now me well, now

932
00:56:09,720 --> 00:56:13,770
those for example, now, if you
look at the countries that

933
00:56:13,770 --> 00:56:18,060
aren't in debt, and you compare
the lifestyles and let me just

934
00:56:18,060 --> 00:56:27,450
name a few Samoa, Solomon
Islands, Bermuda, Eritrea,

935
00:56:28,080 --> 00:56:32,940
Namibia is not in debt. Belize
does not debt Guam. to Haiti,

936
00:56:33,000 --> 00:56:36,480
Haiti is in good shape. Uganda,
there you go. You want to go

937
00:56:36,480 --> 00:56:36,810
there.

938
00:56:38,250 --> 00:56:41,250
You know, only been there done
that got the t shirt. Have the

939
00:56:41,250 --> 00:56:42,150
Lau had the whole

940
00:56:42,540 --> 00:56:46,680
ISIS done that which is a nice
place. Hardly, you know, a

941
00:56:46,680 --> 00:56:52,410
jumping clip place but well,
cube Cuba, Morocco, you know,

942
00:56:52,440 --> 00:56:56,430
Vietnam, all these places. Now
Vietnam is doing great. He

943
00:56:56,430 --> 00:57:00,840
actually Vietnam I think is
going to be especially if McCain

944
00:57:00,840 --> 00:57:02,430
wins because he's supposedly
gonna

945
00:57:02,730 --> 00:57:04,590
gonna go hook him up. Hey,
thanks.

946
00:57:06,150 --> 00:57:09,510
hook them up. So they can punish
the guy that was beaten him I

947
00:57:09,510 --> 00:57:18,240
guess. Sweden is in debt to 600
million is that much. That's

948
00:57:18,240 --> 00:57:21,510
pretty amazing. That's pretty
good. Mark. Point for

949
00:57:21,540 --> 00:57:26,970
well, over here. Gordon Brown is
in under severe, severe

950
00:57:26,970 --> 00:57:32,010
pressure. And here's the I mean,
he's a real dummy. I don't I

951
00:57:32,010 --> 00:57:35,070
don't know if someone set him up
for this or not. But one of his

952
00:57:35,400 --> 00:57:39,870
one of his big campaigning
slogans, or slogan, it's not

953
00:57:39,870 --> 00:57:42,870
even the right word. But he
promised the British public

954
00:57:42,900 --> 00:57:46,560
there will be no more boom and
bust cycles in the economy.

955
00:57:46,860 --> 00:57:51,540
Like, hmm, yeah. And now of
course, he's being called on it.

956
00:57:51,540 --> 00:57:54,600
But you know, isn't that how the
economy always works? It's like

957
00:57:54,600 --> 00:57:57,390
the always, you always have a
boom and bust. I mean, it's just

958
00:57:57,390 --> 00:58:00,270
the way it goes. And now and
that is a cycle. You can't do

959
00:58:00,270 --> 00:58:03,240
anything about it. Yeah. And now
he's sitting here and they just

960
00:58:03,240 --> 00:58:09,570
had their big, big party, poo,
how powwow, whatever. And he

961
00:58:09,570 --> 00:58:12,720
said to them, what will I do to
fix the British economy?

962
00:58:12,900 --> 00:58:19,650
Whatever, no, three words,
whatever it takes. So I think

963
00:58:19,650 --> 00:58:22,380
the British populace is about to
get raped or more.

964
00:58:24,449 --> 00:58:25,769
Whatever it takes

965
00:58:25,830 --> 00:58:28,680
scheme, believe that you just
believe the bullshit coming out

966
00:58:28,680 --> 00:58:29,880
of these guys faces.

967
00:58:32,610 --> 00:58:36,240
I think one of our guys had some
stupid like that. One of our

968
00:58:36,240 --> 00:58:38,100
guys eliminate the business
cycle.

969
00:58:38,250 --> 00:58:42,630
One of our guys. Oh, you mean
said something like that? Like

970
00:58:42,630 --> 00:58:43,620
what Gordon Brown said?

971
00:58:44,009 --> 00:58:46,469
Yeah, I think it was almost
identical. It was like the same

972
00:58:46,469 --> 00:58:48,989
thing. You know, somehow you're
going to magically eliminate the

973
00:58:48,989 --> 00:58:52,319
business cycle, and I can let
that happen anymore. Like, how

974
00:58:52,319 --> 00:58:55,019
does that How do you do that
without having a communist

975
00:58:55,019 --> 00:58:58,379
central controlled economy
wished you could call all the

976
00:58:58,379 --> 00:59:01,649
shots from some government
office and that we already know

977
00:59:01,649 --> 00:59:04,559
how that works. Yeah, you never
have a boom and bust again. It's

978
00:59:04,559 --> 00:59:05,819
just all bust.

979
00:59:07,710 --> 00:59:11,070
Well, anyway, I mean, I don't
like it because I've got an 18

980
00:59:11,070 --> 00:59:13,920
year old daughter who was about
to enter the workforce, you

981
00:59:13,920 --> 00:59:16,200
know, is about to what are you
going to enter? You know, what

982
00:59:16,200 --> 00:59:19,290
kind of economy we're kind of
what kind of non prosperous

983
00:59:19,290 --> 00:59:21,630
times are going to be it just
bugs me, John. I know maybe

984
00:59:21,630 --> 00:59:25,500
doesn't bother you. But it
bothers me give it to her has

985
00:59:25,500 --> 00:59:27,690
nothing to do with that. Come
on. Why don't

986
00:59:27,690 --> 00:59:30,810
you have her work for you? Why
Why are you so seeing that way?

987
00:59:30,810 --> 00:59:33,600
In the olden days, people had
family businesses and they

988
00:59:33,600 --> 00:59:36,450
weren't. You didn't raise their
kids say, Well, I hope they get

989
00:59:36,450 --> 00:59:39,480
a job. They say no, you're gonna
be a blacksmith just like Yo,

990
00:59:39,480 --> 00:59:39,990
man,

991
00:59:40,080 --> 00:59:46,500
William. Okay. Right? Yeah.
You're gonna be an excellent I

992
00:59:46,500 --> 00:59:46,650
have

993
00:59:46,650 --> 00:59:50,550
a daughter who's just like the
daughter of a of a tooth.

994
00:59:50,670 --> 00:59:54,690
relatively famous celebrities,
depending in niche depending on

995
00:59:54,690 --> 00:59:56,760
the country you're in because
I'm sure that you're not as well

996
00:59:56,760 --> 01:00:01,650
known in Hong Kong, but fame
celebrities that toe

997
01:00:01,650 --> 01:00:06,150
Joe Tokyo Joe would would have
to argue against that, John, but

998
01:00:06,150 --> 01:00:06,570
Okay,

999
01:00:07,140 --> 01:00:09,690
okay, well, it's fine. It's good
that you're actually There's big

1000
01:00:09,690 --> 01:00:13,140
money there. So you have this
situation. So it's essentially a

1001
01:00:13,140 --> 01:00:16,380
family business, a showbiz
family. And now you're worried

1002
01:00:16,380 --> 01:00:19,230
about your daughter getting a
job as a secretary? Oh, you're

1003
01:00:19,230 --> 01:00:21,450
kidding. Okay, well,

1004
01:00:21,449 --> 01:00:26,549
I understand your point. But
what you're saying is, we are

1005
01:00:26,549 --> 01:00:31,469
going to have to radically
adjust the way we whatever we

1006
01:00:31,469 --> 01:00:36,059
do. I mean, just suddenly,
radically, because of whatever

1007
01:00:36,059 --> 01:00:38,819
circumstances have been created,
which were beyond our control.

1008
01:00:38,849 --> 01:00:39,599
That's the end because

1009
01:00:41,190 --> 01:00:43,830
I'm just thinking you're
disingenuous with this concern

1010
01:00:43,830 --> 01:00:44,370
of yours.

1011
01:00:44,850 --> 01:00:47,100
Okay, well, so I'm not just
talking about her. I'm talking

1012
01:00:47,100 --> 01:00:49,170
about all 18 year old, I'm
talking about your kids. It's

1013
01:00:49,170 --> 01:00:54,030
the same thing. But yeah, so
great. Dad, can I can I join the

1014
01:00:54,030 --> 01:00:58,860
family business of being grumpy
and cynical? As a profession?

1015
01:01:00,060 --> 01:01:02,130
Chief, please. Help.

1016
01:01:02,159 --> 01:01:09,749
Please teach me how to be job. I
mean, come on. That's not fair.

1017
01:01:12,510 --> 01:01:14,910
I'm just saying there's
adjustments need to be made?

1018
01:01:15,450 --> 01:01:15,720
Well,

1019
01:01:16,739 --> 01:01:19,739
yes. Okay. All right. You're not
gonna get into it with me Aria.

1020
01:01:20,369 --> 01:01:23,129
Now with that, I think it's not
a it's not a legitimate

1021
01:01:23,129 --> 01:01:25,739
argument, especially when I'm
doing predicting the gloom and

1022
01:01:25,739 --> 01:01:28,949
doom when it really boils down
because I'm talking about a

1023
01:01:28,949 --> 01:01:34,589
longer cycle, a more impactful
collapse. I'm not seeing what's

1024
01:01:34,589 --> 01:01:37,109
happening now. Is that
meaningful? Okay,

1025
01:01:37,140 --> 01:01:39,630
then, would you please explain,
explain how long is this

1026
01:01:39,630 --> 01:01:42,510
collapse going to take? And what
will be the end result? And when

1027
01:01:42,660 --> 01:01:45,780
does life get back to something
fun? Again, I'm not saying

1028
01:01:45,780 --> 01:01:48,120
normal, but something a little
more positive?

1029
01:01:49,980 --> 01:01:54,420
Well, it's not a pleasant story.
That's

1030
01:01:54,420 --> 01:01:57,060
okay. But I'm interested in you
might as well, please.

1031
01:01:58,830 --> 01:02:05,070
The way if it if the cycle is
what it appears to be, which I

1032
01:02:05,820 --> 01:02:06,600
pretty much I got

1033
01:02:06,599 --> 01:02:08,789
to interject from time to time
and personal you're calling it a

1034
01:02:08,789 --> 01:02:12,239
cycle. So you're not you're
saying this is, this is a cycle

1035
01:02:12,239 --> 01:02:15,329
of how things go. And it's not
because of a bunch of Jack offs,

1036
01:02:15,329 --> 01:02:20,699
who want to ruin the economy and
kill everybody. Exactly. Okay.

1037
01:02:20,759 --> 01:02:21,809
So it's just a cycle

1038
01:02:22,560 --> 01:02:26,460
around it was still happened.
That's the the truth, nobody, or

1039
01:02:26,460 --> 01:02:29,700
the the ugly truth that nobody
wants to nobody likes the idea

1040
01:02:29,700 --> 01:02:32,910
of cycles, your economic or
otherwise, even though they

1041
01:02:32,910 --> 01:02:36,420
exist, seems to me the sun comes
up at a certain time, you know,

1042
01:02:36,420 --> 01:02:40,320
and it's not exactly the same.
And maybe there may come up and

1043
01:02:40,320 --> 01:02:41,160
it was down in your

1044
01:02:41,160 --> 01:02:43,830
conversation with Andrew
Horowitz May I point out that

1045
01:02:43,830 --> 01:02:48,450
you got awfully close awfully
close to actually agreeing with

1046
01:02:48,960 --> 01:02:53,850
multiple theories about dates,
and taught you even at one point

1047
01:02:53,850 --> 01:02:57,060
said, the cycles, it's almost
like the Earth is standing

1048
01:02:57,060 --> 01:02:59,640
still. And then everything
changes? You know, that, by the

1049
01:02:59,640 --> 01:03:03,540
way, is the 2012 conspiracy
theory right there.

1050
01:03:04,170 --> 01:03:08,100
Yeah, whatever. So the 2012
thing is interesting, because it

1051
01:03:08,100 --> 01:03:11,970
would be right at the bottom of
an economic collapse, or close

1052
01:03:11,970 --> 01:03:17,340
to it might be or would be 2013.
But essentially, what we're

1053
01:03:17,340 --> 01:03:20,430
seeing now is just nothing. It's
just the kind of that's why I

1054
01:03:20,460 --> 01:03:22,770
don't take it too seriously. In
fact, I think is a good time to

1055
01:03:22,770 --> 01:03:25,080
invest. And that's what I keep
saying to people, you know, if

1056
01:03:25,080 --> 01:03:29,160
you can get some mortgage money,
buy a house now, you know,

1057
01:03:29,160 --> 01:03:29,850
although,

1058
01:03:30,270 --> 01:03:33,660
I would wait a little bit
longer. Now. You don't want

1059
01:03:33,660 --> 01:03:38,190
to wait forever. So anyway, no,
it'd be a 10 year down site.

1060
01:03:38,190 --> 01:03:40,200
It'd be just like the Great
Depression, if you know, it's

1061
01:03:40,200 --> 01:03:42,390
just a mess. And then you have
one more

1062
01:03:42,780 --> 01:03:45,420
million people starved in
America in the Great Depression.

1063
01:03:45,840 --> 01:03:46,170
Yeah, they'll

1064
01:03:46,170 --> 01:03:47,640
probably be more this time.
Yeah.

1065
01:03:47,730 --> 01:03:50,610
I mean, like actual starvation.
Okay, so yeah. All right. All

1066
01:03:50,610 --> 01:03:52,800
right. Okay. You're pretty light
about that.

1067
01:03:53,700 --> 01:03:59,610
Well, I'm gonna do I supposed to
do about it. It's a cycle, a

1068
01:03:59,610 --> 01:04:01,950
cycle, it's a cycle, you get
stuck with a view in the wrong

1069
01:04:01,950 --> 01:04:04,920
side of that. You get in a
situation you can't get out of

1070
01:04:04,920 --> 01:04:09,240
and you can't get food because
we'll be food riots. And you're

1071
01:04:09,240 --> 01:04:10,170
living in a city,

1072
01:04:10,200 --> 01:04:12,840
you're predicting this. And in
the 10 year, certainly in the 10

1073
01:04:12,840 --> 01:04:15,000
year cycle, this downturn word
that's coming up, you're

1074
01:04:15,000 --> 01:04:19,320
predicting food riots. Yeah.
Well, this is the kind of stuff

1075
01:04:19,320 --> 01:04:21,120
I want to get to John and
doesn't matter how it's

1076
01:04:21,120 --> 01:04:24,300
happening. The fact that it's
happening that's happening now,

1077
01:04:24,360 --> 01:04:27,510
in the next 10 years. That's,
that's, that's here. It's so

1078
01:04:27,510 --> 01:04:29,370
people can prepare they can do
something.

1079
01:04:30,690 --> 01:04:37,140
The way you think that gold bars
gonna get your food. No, but I'm

1080
01:04:37,140 --> 01:04:41,490
also planting it somebody over
the head with it and eat them.

1081
01:04:42,150 --> 01:04:46,650
I'm also I'm also planting
vegetables. I'm doing all kinds

1082
01:04:46,650 --> 01:04:49,740
of stuff. I'm getting a diesel
generator, and I think power

1083
01:04:49,740 --> 01:04:52,290
could easily in 10 years time.
Yeah, I think power could go

1084
01:04:52,290 --> 01:04:52,740
off.

1085
01:04:54,090 --> 01:04:59,130
God. You know, these things
always look worse. I mean, yeah,

1086
01:04:59,160 --> 01:05:01,440
there'll be food riots but
they're not going to be like,

1087
01:05:02,280 --> 01:05:06,390
gonna be like a barroom fight
scene in a sheet in a sleazy B

1088
01:05:06,390 --> 01:05:09,510
movie where we're just punching
each other and going crazy. I

1089
01:05:09,510 --> 01:05:13,650
mean, these things are isolated.
Okay, let me cite the riots that

1090
01:05:13,650 --> 01:05:16,830
took place in the late 60s, we
had all the Detroit caught on

1091
01:05:16,830 --> 01:05:20,790
they threw burn Detroit down.
And there's a bunch of

1092
01:05:20,790 --> 01:05:23,250
protesters that were burning
down certain cities, they were

1093
01:05:23,250 --> 01:05:27,120
burning down the ghettos. It
wasn't happening in like, you

1094
01:05:27,120 --> 01:05:31,560
know, Fremont, California, you
know, wasn't happening

1095
01:05:31,620 --> 01:05:34,770
necessarily. And you know,
Bellevue, Washington, it was

1096
01:05:34,770 --> 01:05:38,370
happening here and there. And
that's what deal downturns doing

1097
01:05:38,370 --> 01:05:43,170
is yes, 7 million people, over a
10 year period starve to death.

1098
01:05:43,500 --> 01:05:47,250
I'm assuming that's true. I
don't know that any facts are at

1099
01:05:47,250 --> 01:05:47,490
all I

1100
01:05:47,490 --> 01:05:48,990
don't have abs. This is just
what I've heard.

1101
01:05:48,989 --> 01:05:53,279
I'm just assuming let's just
take it as a possibility. That's

1102
01:05:53,339 --> 01:05:56,519
what 700,000 A year in a
population that back then was

1103
01:05:56,519 --> 01:06:02,579
what 120 million? You know, it's
not even one out of 100 people.

1104
01:06:04,379 --> 01:06:07,799
Unemployment was a little high,
probably. One.

1105
01:06:08,250 --> 01:06:11,400
So that means about 30 30
million people could starve to

1106
01:06:11,400 --> 01:06:16,860
death during this next the 10
year cycle. Could be okay.

1107
01:06:18,210 --> 01:06:21,990
I mean, let's face it, we're not
to kind of we're not equipped. I

1108
01:06:21,990 --> 01:06:26,040
mean, the farming business has
become this big. You know, it's

1109
01:06:26,040 --> 01:06:30,780
been became a manufacturing
business. We don't have that

1110
01:06:30,780 --> 01:06:36,120
many self sustaining communities
that have small farms where you

1111
01:06:36,120 --> 01:06:40,170
can buy local year round and
actually do it. I mean, it's

1112
01:06:40,170 --> 01:06:43,650
like we can appear in Washington
because we're in a rural area

1113
01:06:43,650 --> 01:06:46,380
where we have a lot of farmers,
we get raw milk here, and we get

1114
01:06:46,620 --> 01:06:52,020
dairy products if we just got a
pig. So what would we get in the

1115
01:06:52,020 --> 01:06:54,840
freezer? It's like a 200 pounds
of pork meat.

1116
01:06:54,929 --> 01:06:59,279
So let's just say that this
depression comes money's tight.

1117
01:06:59,909 --> 01:07:01,769
There is no money where the
money that you have

1118
01:07:01,770 --> 01:07:04,560
is could be a hyperinflation.
Don't forget that. It could be

1119
01:07:04,560 --> 01:07:07,590
either way. Absolutely. What's
too much?

1120
01:07:07,830 --> 01:07:10,890
What skill are you going to use?
What trade are you going to have

1121
01:07:10,890 --> 01:07:15,210
to get your fresh milk and and
your chickens and, and your

1122
01:07:15,210 --> 01:07:18,720
other food supplies? What is
John C Dvorak going to use?

1123
01:07:18,989 --> 01:07:21,299
Well, there's a couple of things
you should note about. If you

1124
01:07:21,299 --> 01:07:26,069
look into economic downturns.
There's a there's a number of

1125
01:07:26,069 --> 01:07:29,549
businesses that always flourish.
The restaurant businesses do

1126
01:07:29,549 --> 01:07:32,519
well. In fact, in 1933, I think
more restaurants are opened the

1127
01:07:32,519 --> 01:07:37,439
United States that year than
than any time previous in any

1128
01:07:37,439 --> 01:07:40,499
one single year, right. In fact,
some of those places have stayed

1129
01:07:40,499 --> 01:07:43,109
in business until deep into the
70s and 80s.

1130
01:07:43,469 --> 01:07:45,959
Because you're providing food
and whenever someone has, you

1131
01:07:45,959 --> 01:07:49,079
know, some some coin, they know
it's probably easier to go buy

1132
01:07:49,079 --> 01:07:50,279
some food that's prepared.

1133
01:07:50,820 --> 01:07:54,750
So being in the food service
business is a good one. But

1134
01:07:54,750 --> 01:07:59,220
curiously, one profession that
usually does quite well during a

1135
01:07:59,220 --> 01:08:01,380
downturn is writers.

1136
01:08:01,619 --> 01:08:03,809
Yeah. How about entertainment in
general? Isn't isn't

1137
01:08:03,809 --> 01:08:05,339
entertainment general does very

1138
01:08:05,340 --> 01:08:09,360
well. That's what I thought. So
you got writing you think about

1139
01:08:09,360 --> 01:08:11,370
it. These are things that get
people to think about something

1140
01:08:11,370 --> 01:08:14,700
else, food you have to have. So
foods always a big deal. So

1141
01:08:14,730 --> 01:08:18,780
being a farmer is a winner.
running a restaurant, having a

1142
01:08:18,780 --> 01:08:24,210
deli is a good thing. To have
access to the to the

1143
01:08:24,210 --> 01:08:27,180
infrastructure of food
distribution itself.

1144
01:08:27,209 --> 01:08:30,869
You're already set up man, you
are a true survivalist. I hadn't

1145
01:08:30,869 --> 01:08:34,469
even thought about it. Anyway,
you've got your ducks in a row

1146
01:08:34,469 --> 01:08:35,579
Dvorak, like and,

1147
01:08:36,630 --> 01:08:39,930
and so so you have that that's
always important. And then you

1148
01:08:39,930 --> 01:08:42,600
have and then there's other
elements like being an

1149
01:08:42,600 --> 01:08:44,760
entertainment, you know, as
usually does very well. You

1150
01:08:44,760 --> 01:08:47,580
don't make as much money as you
did in this other eras. But you

1151
01:08:47,580 --> 01:08:51,000
survive very easily and you do
well. And then of being a writer

1152
01:08:51,000 --> 01:08:53,700
for some reason, because I think
people need to read and write

1153
01:08:53,700 --> 01:08:57,300
and they need to mostly read
about trying to understand

1154
01:08:57,300 --> 01:09:01,350
what's going on around them and
there's no shortage of punditry.

1155
01:09:02,070 --> 01:09:03,990
Once you've established
yourself, people will see what

1156
01:09:03,990 --> 01:09:06,270
you have. What do you have to
think about? Why do you exist?

1157
01:09:06,300 --> 01:09:09,180
idiots think, and they read it.
Oh, that's good. That's

1158
01:09:09,180 --> 01:09:11,970
interesting that you read what
this guy said. Yeah, read it, it

1159
01:09:11,970 --> 01:09:14,880
goes on asshole. I mean, that's
basically the response, I get

1160
01:09:14,880 --> 01:09:18,150
everything. But they still still
reading it. So I mean, that's

1161
01:09:18,150 --> 01:09:22,230
the main thing, and no matter
what they think. And then

1162
01:09:22,230 --> 01:09:25,740
there's probably some other
ancillary things that are safe

1163
01:09:27,240 --> 01:09:29,760
and doesn't help you with
manufacturing who is on who you

1164
01:09:29,760 --> 01:09:32,040
know who would like them being
on the assembly line by thing

1165
01:09:32,040 --> 01:09:36,420
handmade products and, and
things like that.

1166
01:09:37,020 --> 01:09:39,510
My aeroplane and pilot skills
will be of any use

1167
01:09:40,980 --> 01:09:50,790
maybe to you okay, you're an
entertainer. I mean, it's not

1168
01:09:50,790 --> 01:09:52,800
gonna you're not you know,
you're, you keep up with

1169
01:09:52,800 --> 01:09:56,040
technology. So whatever is
happening, the technology scene

1170
01:09:56,040 --> 01:10:00,270
is not going to go backwards.
Just you have the internet Now

1171
01:10:00,270 --> 01:10:02,730
so there's new opportunities
that people can make money by,

1172
01:10:02,730 --> 01:10:06,120
you know, exploiting it in some
way shape or form. There's a lot

1173
01:10:06,120 --> 01:10:09,690
of new businesses that start by
damaged I mean it's not I mean

1174
01:10:09,690 --> 01:10:15,510
because world war three bombs
Yeah, that would be different

1175
01:10:15,540 --> 01:10:18,060
now but remember I don't think
that's gonna have I don't I do

1176
01:10:18,060 --> 01:10:20,850
not believe in a Global
Thermonuclear War I don't see

1177
01:10:20,850 --> 01:10:24,540
that happening. But where I grew
up the images that I grew up

1178
01:10:24,540 --> 01:10:26,970
with of the of the Great
Depression is Little House on

1179
01:10:26,970 --> 01:10:29,760
the Prairie. I mean, so that
that's basically my image of it.

1180
01:10:29,760 --> 01:10:33,780
And I think a whole generation
of me like that. Now, that's

1181
01:10:33,780 --> 01:10:35,040
kind of what we envision.

1182
01:10:36,420 --> 01:10:38,700
Yeah, well, if you were on the
prairie, I suppose that's the

1183
01:10:38,700 --> 01:10:42,030
way it would have been. I know,
I'm just saying I find that

1184
01:10:42,030 --> 01:10:45,450
mistaken. You're in a small
mansion in Guilford.

1185
01:10:45,540 --> 01:10:48,300
Remember British Isles? Yeah.
Then there's the other side,

1186
01:10:48,300 --> 01:10:52,620
which is like Escape from New
York. Yeah. And this is this is

1187
01:10:52,620 --> 01:10:55,650
what we've grown. My generation
has grown up with these images.

1188
01:10:55,800 --> 01:10:59,100
Oh, man, they had it. Was that a
Mad Max? Don't lay that out.

1189
01:10:59,130 --> 01:11:05,280
That was on divorce.
act.org/blog. I think the new

1190
01:11:05,280 --> 01:11:11,610
radar imaging. Oh, I'm sorry,
radar. X ray, the the X the the

1191
01:11:11,610 --> 01:11:15,330
new it was in connection with
the TSA headquarters now being

1192
01:11:15,330 --> 01:11:16,710
called the Freedom centre.

1193
01:11:17,070 --> 01:11:20,520
Oh, yeah. Right. Right. Right.
Yeah. And freedom centre. Yeah.

1194
01:11:20,520 --> 01:11:25,920
My caller who's our who's our
seems to be our most left wing

1195
01:11:25,920 --> 01:11:30,810
ish of the group went nuts and
posted a whole bunch of stuff.

1196
01:11:30,840 --> 01:11:31,320
But that one,

1197
01:11:31,320 --> 01:11:33,330
I mean, that was great. Because
you for the first time I'm

1198
01:11:33,330 --> 01:11:36,420
seeing these full body scans of
this new X ray that they've

1199
01:11:36,420 --> 01:11:39,270
installed in that's, I guess, a
couple airports. I don't know if

1200
01:11:39,270 --> 01:11:42,180
it's rolled out wide yet. And,
you know, it's like you're

1201
01:11:42,180 --> 01:11:45,120
standing in your underwear,
basically. Yeah. But it reminds

1202
01:11:45,120 --> 01:11:48,600
me of exactly like, one of the
Terminator movies. When you walk

1203
01:11:48,600 --> 01:11:51,300
past security. And you see like
the skeleton, right, and you see

1204
01:11:51,300 --> 01:11:53,520
anything else that's trapped,
and we're there. We're living in

1205
01:11:53,520 --> 01:11:54,600
fucking Terminator.

1206
01:11:54,930 --> 01:11:57,060
Now that technology has been
around for a while.

1207
01:11:58,530 --> 01:12:01,350
And did you see I think I sent
it to you the YouTube video

1208
01:12:01,350 --> 01:12:07,410
about the TSA with their new
badges. I get oh, I guess I

1209
01:12:07,410 --> 01:12:10,980
didn't get the TSA. Well,
normally, the TSA has a patch,

1210
01:12:11,460 --> 01:12:16,230
which says, you know, if they're
TSA Oh, transportation security

1211
01:12:16,230 --> 01:12:20,070
officer, now they've been given
badges and actual like a police

1212
01:12:20,070 --> 01:12:20,700
badge.

1213
01:12:21,060 --> 01:12:22,020
Oh, please.

1214
01:12:23,130 --> 01:12:25,590
I'm telling you. And there were
people and they gave them out

1215
01:12:25,590 --> 01:12:27,960
like in an award said this is
what the video is of they gave

1216
01:12:27,960 --> 01:12:31,440
them out like an award ceremony.
They called up each officer of

1217
01:12:31,440 --> 01:12:34,170
these. So they're screening
officers, right? They sit there

1218
01:12:34,170 --> 01:12:36,450
and they yell at you to take
your laptop out of your bag, the

1219
01:12:36,450 --> 01:12:40,290
calling the cops that get
exactly the fucking cops Now

1220
01:12:40,290 --> 01:12:44,400
they call them up one by one.
You know, Team Leader bull

1221
01:12:44,640 --> 01:12:47,790
trends Visionary Officer Jones
come on up. And then and then

1222
01:12:47,790 --> 01:12:50,280
the guy ceremoniously pins, the
badge on them. And then they

1223
01:12:50,280 --> 01:12:53,280
interviewed people a couple of
these to you know, these

1224
01:12:53,310 --> 01:12:57,630
screening officers later. And
they were like, so proud that

1225
01:12:57,630 --> 01:13:00,930
they had this badge. And finally
they felt like they really meant

1226
01:13:00,930 --> 01:13:03,960
something in the in Homeland
Security. And they were crying,

1227
01:13:03,960 --> 01:13:07,020
John, they were crying with how
happy they were that they have

1228
01:13:07,020 --> 01:13:10,260
this badge in the new uniform,
and they looked like cops.

1229
01:13:12,750 --> 01:13:17,610
So here's the deal. tasers,
almost most people who carry

1230
01:13:17,610 --> 01:13:23,400
badges around or have them, they
like to flash them. When they

1231
01:13:23,400 --> 01:13:28,080
get pulled over by real police.
Yeah, for speeding. Now I know

1232
01:13:28,080 --> 01:13:31,110
there's gotta be a couple of
cops out there who listen to the

1233
01:13:31,110 --> 01:13:34,470
show. And and if we ever but a
lot of people out there no

1234
01:13:34,470 --> 01:13:40,470
policeman, if anybody ever pulls
over one of these jokers. And

1235
01:13:40,470 --> 01:13:45,060
they flashed their TSA badge,
hoping to get out of the ticket.

1236
01:13:45,210 --> 01:13:50,310
You should just arrest them,
arrest them, arrest them on the

1237
01:13:50,310 --> 01:13:57,750
spot and beat them. Ah, yeah,
that is true, though. And

1238
01:13:57,750 --> 01:13:59,850
actually, the TSA people
themselves should should have

1239
01:13:59,850 --> 01:14:03,690
said is this. Uh, you know what
it was it was in lieu of a

1240
01:14:03,690 --> 01:14:10,080
raise. Now, that's, that's a
good point. It's like, oh, now

1241
01:14:10,080 --> 01:14:13,830
here's a badge, you get a badge
because you're so stupid that

1242
01:14:13,830 --> 01:14:15,510
will give you a badge instead of
more money.

1243
01:14:16,050 --> 01:14:18,900
I think they already are pretty
good about it. I think they

1244
01:14:18,900 --> 01:14:19,470
already messed up. I

1245
01:14:19,470 --> 01:14:22,740
mean, it's fine. I mean, but I
mean, I don't like seeing badges

1246
01:14:22,740 --> 01:14:25,410
on every jerk off that works for
the government. Why don't we

1247
01:14:25,410 --> 01:14:29,070
just have everybody get a badge.
And it should just marginalise

1248
01:14:29,070 --> 01:14:32,910
the whole concept of a badge?
Well, let's have some badges at

1249
01:14:32,910 --> 01:14:38,190
bvo I think you know, just have
a medial badge give you and Ryan

1250
01:14:38,190 --> 01:14:41,160
can have a big gold one and give
him a real silver badge star

1251
01:14:41,160 --> 01:14:43,680
Sheriff star is what I want to
share

1252
01:14:43,680 --> 01:14:47,310
with them to me vo boss. You
know,

1253
01:14:47,400 --> 01:14:51,510
when, when we lived in New
Jersey, I had been pulled over

1254
01:14:51,510 --> 01:14:54,930
like three or four times by the
same cop for speeding in this

1255
01:14:54,930 --> 01:14:58,020
one particular spot where it's I
think it was like 20 instead of

1256
01:14:58,020 --> 01:15:03,360
30 or whatever and I won't say
his name. And then you know, but

1257
01:15:03,360 --> 01:15:05,310
I got friendly with because he
let me off every single time. He

1258
01:15:05,310 --> 01:15:09,510
said, Hey, man, you should come
work out with us. Okay, and he

1259
01:15:09,510 --> 01:15:13,680
was, you know, maybe 5053 or
something like that, and said,

1260
01:15:13,680 --> 01:15:15,660
Yeah, and you can hang out with
the other guys that are from the

1261
01:15:15,660 --> 01:15:21,060
fire department. And all right.
So it happened, like, I got

1262
01:15:21,090 --> 01:15:24,180
stopped too many times for me
to, like, no longer actually go

1263
01:15:24,180 --> 01:15:27,360
and workout with them. And you
know, I don't exactly have the

1264
01:15:27,360 --> 01:15:31,740
physique of a guy who works out.
So I started working out with

1265
01:15:31,740 --> 01:15:36,480
him. And actually, I just chose
him pictures, it actually kind

1266
01:15:36,480 --> 01:15:38,760
of worked on me. And I should do
that again, one day as you get

1267
01:15:38,760 --> 01:15:42,960
back into it, but you got really
was friendly with these guys

1268
01:15:42,960 --> 01:15:47,880
particular this one cop, and we
had a babysitter for when we

1269
01:15:48,180 --> 01:15:52,440
either be on trip or whatever.
And see we had, she would often

1270
01:15:52,440 --> 01:15:55,410
be there, he really wouldn't
more like a house sitter. But

1271
01:15:55,410 --> 01:15:58,500
then this guy also knew her
because you know, just of the

1272
01:15:58,500 --> 01:16:01,410
association. And when we were
gone, we're out of the country,

1273
01:16:01,440 --> 01:16:04,230
he would park in front of the
house and call her up and say,

1274
01:16:04,230 --> 01:16:09,060
and she was heavy, big bone,
shall we say? And he would say,

1275
01:16:09,210 --> 01:16:12,420
Hey, baby, you know, I take care
of a lot of the big women in

1276
01:16:12,420 --> 01:16:18,030
this town. Why don't you let me
in? And that really changed my

1277
01:16:18,030 --> 01:16:22,230
perception of the author. I
mean, of course, not all cops

1278
01:16:22,230 --> 01:16:24,180
are like this, but that that was
scary.

1279
01:16:27,750 --> 01:16:33,120
Yeah, well, you know, welcome to
the world of some cops. Yeah.

1280
01:16:34,140 --> 01:16:36,840
But that badge thing, it has a
lot to do with it, man. I think,

1281
01:16:37,110 --> 01:16:37,440
you know,

1282
01:16:39,360 --> 01:16:41,610
ya know, these guys will be
flashing that badge left and

1283
01:16:41,610 --> 01:16:43,710
right. But I don't think that he
walked around town with the

1284
01:16:43,710 --> 01:16:47,640
badge. You know? I mean, I think
the real police have to be very

1285
01:16:47,640 --> 01:16:48,120
annoyed by

1286
01:16:48,120 --> 01:16:51,570
No, I would absolutely but but I
have a feeling John that I think

1287
01:16:51,570 --> 01:16:57,690
we're gonna see actual behaviour
change in the in the TSA staff.

1288
01:16:58,380 --> 01:17:00,900
If you watch, they're gonna
start being a little bit more

1289
01:17:00,900 --> 01:17:01,800
militaristic.

1290
01:17:04,500 --> 01:17:07,200
But you know, at some of the
airports is the weird thing is

1291
01:17:07,200 --> 01:17:10,380
in the in the smaller Podunk
airports is where the guys are

1292
01:17:10,380 --> 01:17:14,550
the worst. You know, there's
like nobody, there's no chance

1293
01:17:14,550 --> 01:17:17,190
of any terrorists even passing
through some of these little

1294
01:17:17,190 --> 01:17:22,200
towns is zero. And these guys
are all they're all stuffy about

1295
01:17:22,200 --> 01:17:25,500
everything. And they're in these
formulas. And they're all you

1296
01:17:25,500 --> 01:17:28,200
know, big shots and they're
making people do this and take

1297
01:17:28,200 --> 01:17:30,720
their shoes off. And then the
worst part about it, which

1298
01:17:30,720 --> 01:17:33,300
really bothers me to no one
because I do flat a small

1299
01:17:33,300 --> 01:17:39,000
airports every so often, is the
passive docility of the locals

1300
01:17:39,120 --> 01:17:41,820
who just think it's so cool to
get this kind of attention

1301
01:17:41,820 --> 01:17:44,940
because they're flying from you
know, Wichita to, you know,

1302
01:17:45,540 --> 01:17:49,560
bumfuck North Dakota, and they
just think it's cool that they

1303
01:17:49,560 --> 01:17:52,440
have to take off their shoes,
you know, then they will Jim you

1304
01:17:52,440 --> 01:17:54,780
know, in his wheelchair has to
take his shoes off and they have

1305
01:17:54,780 --> 01:17:58,950
to carry him drag him through
the metal detector and he just

1306
01:17:58,950 --> 01:18:00,210
thinks this is fine.

1307
01:18:02,580 --> 01:18:07,020
It's not fine. It's so wrong in
so many ways.

1308
01:18:10,620 --> 01:18:15,060
But anyway, so that's yeah, you
run into it's actually annoying

1309
01:18:15,120 --> 01:18:18,420
to say the least. But I've
actually had to haven't had any

1310
01:18:18,420 --> 01:18:21,720
real bad experiences recently
because I'm flying on. Like,

1311
01:18:22,170 --> 01:18:24,270
when you fly Virgin America,
they since they were a new

1312
01:18:24,270 --> 01:18:27,300
carrier, they're always in some
scrubs. Like in San Francisco,

1313
01:18:27,300 --> 01:18:30,060
they're in the in the
international terminal where

1314
01:18:30,060 --> 01:18:35,100
they don't belong. And they're
at the far end of this just got

1315
01:18:35,100 --> 01:18:37,170
to be one of the worst terminals
in the world by the way, they

1316
01:18:37,170 --> 01:18:39,840
just built this thing new you
can't find anything in there.

1317
01:18:39,840 --> 01:18:42,330
You don't know where which you
know, it's just horrible. Which

1318
01:18:42,330 --> 01:18:46,890
terminal was the International
Terminal at SFO? Yeah, was built

1319
01:18:46,890 --> 01:18:49,290
recently they closed the
original one which was fine and

1320
01:18:49,290 --> 01:18:52,110
dandy the original and work just
graded it didn't

1321
01:18:53,340 --> 01:18:54,870
do that all the time. There's
nothing wrong with that

1322
01:18:54,870 --> 01:18:56,640
terminals fence fantastic.

1323
01:18:57,119 --> 01:18:59,789
No, it's a piece of crap. And
I'll tell you why. If you're

1324
01:18:59,789 --> 01:19:02,279
walking down toward the end
where you get to the A gates

1325
01:19:02,279 --> 01:19:05,129
which you're talking about for
the Virgin American stuff, yeah,

1326
01:19:05,159 --> 01:19:08,069
look on those into those areas
where all the ticketing is and

1327
01:19:08,069 --> 01:19:12,059
tell me if you can even guess
where your Air China flight is

1328
01:19:12,059 --> 01:19:17,009
checking in. There's no signage,
there's no indication anyplace

1329
01:19:17,669 --> 01:19:20,219
when you're checking you have to
literally wander around like

1330
01:19:20,219 --> 01:19:22,649
you're in Vietnam by the way
this is the last airport I ran

1331
01:19:22,649 --> 01:19:26,849
into the had to do this and in
Saigon or Ho Chi Minh City, you

1332
01:19:26,849 --> 01:19:30,599
had to literally go from counter
to counter looking up at the

1333
01:19:30,599 --> 01:19:33,299
little monitors up there to see
what airline was checking in

1334
01:19:33,299 --> 01:19:35,699
where because there was no
signage anywhere and that's

1335
01:19:35,699 --> 01:19:38,669
where this crappy terminal is.
Yeah, if you're flying in and

1336
01:19:38,669 --> 01:19:41,759
out on you know, you know where
your thing is, is fine but if

1337
01:19:41,759 --> 01:19:44,999
you just go in there casually
and see where find out where the

1338
01:19:44,999 --> 01:19:49,049
Lufthansa flight to Frankfurt is
checking in just by wandering

1339
01:19:49,049 --> 01:19:51,359
around you had you can't find
it. Hmm

1340
01:19:52,440 --> 01:19:56,460
Okay, I don't have that problem.
I mean, there's there's

1341
01:19:57,240 --> 01:20:00,960
taking a variety of flights
There are a number sign

1342
01:20:00,960 --> 01:20:03,570
on the outside of the terminal
where you where you're dropped

1343
01:20:03,570 --> 01:20:06,540
off says you know this is where
the the check in is for these

1344
01:20:06,540 --> 01:20:07,740
airlines and that's it.

1345
01:20:08,700 --> 01:20:13,770
Yeah but when you get there it's
not the case. It's not like it's

1346
01:20:13,770 --> 01:20:16,950
not like the ticket the
ticketing at the International

1347
01:20:16,950 --> 01:20:20,340
Airport or the International
Terminal terminal whatever the

1348
01:20:20,340 --> 01:20:23,670
hell it is has your you get out
of the car and you go right to

1349
01:20:23,670 --> 01:20:26,220
the ticketing that's not what it
isn't that that part of the

1350
01:20:26,220 --> 01:20:29,130
airport you have to go through
you have to go around and

1351
01:20:29,130 --> 01:20:32,670
through through up to the
escalators and over to a spot

1352
01:20:32,670 --> 01:20:34,740
where there's you know, use just
a random thing. It's

1353
01:20:34,740 --> 01:20:38,700
unbelievable. The thing is I got
to take it I have to post some

1354
01:20:38,700 --> 01:20:41,400
movies it's the worst place I've
ever been.

1355
01:20:42,780 --> 01:20:45,540
Well I have a very different
experience and it's huge God

1356
01:20:45,540 --> 01:20:45,840
walk

1357
01:20:45,840 --> 01:20:49,470
you through it it's I walk with
me through the debt terminal

1358
01:20:49,470 --> 01:20:50,430
next time you're in town.

1359
01:20:50,460 --> 01:20:53,490
I also invite you to come and
enjoy Gatwick Airport okay.

1360
01:20:54,300 --> 01:20:56,610
We'll see what you think is
really bad meant the Gatwick

1361
01:21:00,090 --> 01:21:05,040
gets worse than Gatwick. Gatwick
does hand its ugly to

1362
01:21:05,100 --> 01:21:10,020
Gatwick does have the new Dyson
hand dryers. Have you have you?

1363
01:21:10,620 --> 01:21:13,860
Have you come across these yet?
Dyson, the guy who remade the

1364
01:21:13,860 --> 01:21:17,340
vacuum cleaner. Yeah, and he has
these to you know the

1365
01:21:17,340 --> 01:21:20,400
traditional blow dryer where you
you hit the button and you rub

1366
01:21:20,400 --> 01:21:24,570
your you lightly rapidly rubbed
your hands underneath the

1367
01:21:24,600 --> 01:21:29,550
scalding hot air until hands are
dry. So he's got this thing you

1368
01:21:29,550 --> 01:21:33,060
stick both your hands into this
like slot it's it's like a kind

1369
01:21:33,060 --> 01:21:36,330
of a wide but it's like a male
slot. And within three seconds

1370
01:21:36,330 --> 01:21:39,990
your hands are dry. It's an
amazing it's like a suction

1371
01:21:39,990 --> 01:21:46,950
blowing experience and and your
hands are dry three seconds. is

1372
01:21:46,950 --> 01:21:48,210
the kind of thing you want at
home.

1373
01:21:48,810 --> 01:21:50,850
Do you stick your head you have
to push a button you can't you

1374
01:21:50,850 --> 01:21:53,100
can't shoot your Hanson

1375
01:21:53,190 --> 01:21:57,270
No, it has a photoelectric
sensor, whatever. Yeah, yeah,

1376
01:21:57,270 --> 01:21:57,420
cuz

1377
01:21:57,420 --> 01:21:59,970
those other things are
unsanitary and they're nasty.

1378
01:22:00,900 --> 01:22:01,650
You know, you got to

1379
01:22:02,490 --> 01:22:05,490
press the button that everyone's
hands been on the button. Right,

1380
01:22:05,490 --> 01:22:05,610
their

1381
01:22:05,610 --> 01:22:09,030
hands have been you know,
whatever covered with the your

1382
01:22:09,030 --> 01:22:11,760
faeces and urine. Because
they're, you know, they're just

1383
01:22:11,820 --> 01:22:13,440
so they bang the thing and

1384
01:22:14,130 --> 01:22:18,360
I gotta tell you, I am not a fan
of men's bathrooms at airports,

1385
01:22:18,360 --> 01:22:21,330
dude. That's pretty nasty.

1386
01:22:23,310 --> 01:22:25,800
Well, it's not apparently
nothing like that way. I'd never

1387
01:22:25,800 --> 01:22:28,320
been into these bathrooms
because I was warned years ago.

1388
01:22:28,620 --> 01:22:32,730
Don't go into the bathroom. Set
it at a European train station.

1389
01:22:32,820 --> 01:22:34,590
Oh, no.

1390
01:22:34,770 --> 01:22:35,430
Horrible.

1391
01:22:37,650 --> 01:22:40,530
It's like no, no, don't go into
those bathrooms ever. Yeah.

1392
01:22:40,800 --> 01:22:43,320
I mean, the best thing that can
happen to you as you've seen you

1393
01:22:43,320 --> 01:22:44,730
find George Michael there but

1394
01:22:46,800 --> 01:22:47,760
well, poor guy, you

1395
01:22:47,760 --> 01:22:49,980
hear about that, that he got
busted again in a bathroom.

1396
01:22:50,850 --> 01:22:53,760
This guy's got a problem. Well,
Patricia

1397
01:22:53,760 --> 01:22:57,330
and I were talking about that.
And well, unfortunately, it's

1398
01:22:57,330 --> 01:23:00,630
not just marijuana. They say
that he also had crack, which is

1399
01:23:00,660 --> 01:23:03,120
that's that's a pretty bad sign.

1400
01:23:05,130 --> 01:23:09,270
So he was smoking crack in a bag
for some night

1401
01:23:09,270 --> 01:23:13,230
and no, I don't know if he was
smoking anything, or at least

1402
01:23:13,380 --> 01:23:17,040
any drugs in the bathroom. But
you know, this is a part a big

1403
01:23:17,040 --> 01:23:23,100
part of a particular form of gay
lifestyle. Is this bathroom

1404
01:23:23,100 --> 01:23:30,210
cruising? It's it's pretty big.
assumed to be an Olympic sport,

1405
01:23:30,210 --> 01:23:30,810
I'm told.

1406
01:23:32,400 --> 01:23:35,400
So he got caught again. It's a
cheese.

1407
01:23:37,110 --> 01:23:40,890
I wonder, you know, he was one
of the people forget this. But

1408
01:23:40,890 --> 01:23:43,650
remember that I don't remember
the name of the song. He did the

1409
01:23:43,650 --> 01:23:47,310
song with that had a video of
Tony Blair being George Bush's

1410
01:23:47,310 --> 01:23:50,460
lap dog. You remember that
video, that music video? It was?

1411
01:23:50,580 --> 01:23:55,410
No I don't. It was in I think it
was right after the news. 2003.

1412
01:23:55,410 --> 01:23:59,610
Right, right after we invaded
Iraq. And he made this, this

1413
01:23:59,610 --> 01:24:02,760
real big political statement.
And everybody slammed me. I

1414
01:24:02,760 --> 01:24:05,460
don't think his career actually.
I mean, he's done his tours and

1415
01:24:05,460 --> 01:24:10,590
everything. But he's been pretty
much persona non grata in a lot

1416
01:24:10,590 --> 01:24:14,880
of mainstream because of that.
And of course, everyone was

1417
01:24:14,880 --> 01:24:17,550
laughing at him at the time. And
he turns out to be absolutely

1418
01:24:17,550 --> 01:24:21,750
right. And I think that pushed
him over the edge or what some

1419
01:24:21,780 --> 01:24:23,400
something that happened from
that moment on,

1420
01:24:23,879 --> 01:24:26,009
but people forget that that he
was getting busted left and

1421
01:24:26,009 --> 01:24:27,749
right. And bathrooms way before
that.

1422
01:24:28,620 --> 01:24:30,600
Now that happened, and it
happened before that. I mean,

1423
01:24:30,600 --> 01:24:37,170
that happened, I think in 99,
maybe. But that was that might

1424
01:24:37,170 --> 01:24:40,110
have been a setup. I don't know.
Look, I don't know. I'm sorry. I

1425
01:24:40,110 --> 01:24:42,990
stopped following George
Michaels career a long time ago.

1426
01:24:43,860 --> 01:24:49,530
Yeah, well. I didn't even though
he was gay until he's busted

1427
01:24:49,530 --> 01:24:50,190
that first time.

1428
01:24:50,460 --> 01:24:52,950
You're kidding me? No,

1429
01:24:53,910 --> 01:24:57,630
I was not I wasn't a fan of the
band. I mentioned I had a band

1430
01:24:57,690 --> 01:24:58,200
which was

1431
01:24:58,200 --> 01:25:01,080
not a band. This is nobody was

1432
01:25:02,040 --> 01:25:03,480
your queen for a long time.

1433
01:25:06,360 --> 01:25:09,210
This is probably what I sound
like to you when I'm talking

1434
01:25:09,210 --> 01:25:14,310
about, about people. The economy
collapsing and people dying is

1435
01:25:14,310 --> 01:25:18,540
when you you say wasn't George
Michael in Queen? Yeah. Okay.

1436
01:25:19,890 --> 01:25:22,800
But like you said, I don't know.
I mean, I don't follow the guy's

1437
01:25:22,800 --> 01:25:26,370
career. It's not. It's not that
style of music is nothing

1438
01:25:26,400 --> 01:25:28,140
like wham. Wham was

1439
01:25:28,140 --> 01:25:30,810
the name of the band. Oh, it was
wham. Wham.

1440
01:25:31,320 --> 01:25:37,470
Yeah. Freddie Mercury. Mercury
was Queen and he's dead. He's

1441
01:25:37,470 --> 01:25:39,420
gay. Yes. And he's dead.

1442
01:25:40,440 --> 01:25:45,930
Oh, right. I knew that. I think
I knew all this. I just don't

1443
01:25:45,930 --> 01:25:46,560
really care.

1444
01:25:47,400 --> 01:25:51,030
Well, useless. 80s and 90s
trivia is what I'm all about

1445
01:25:51,030 --> 01:25:53,190
John, because that's me.

1446
01:25:54,510 --> 01:25:56,820
Yeah, well, you were in that
kind of

1447
01:25:56,850 --> 01:26:00,870
Yeah, can no more than kind of.
That's funny, though. I gotta

1448
01:26:00,870 --> 01:26:07,050
remember that. I never liked
that band. George. Michael. What

1449
01:26:07,050 --> 01:26:12,360
didn't he wasn't he? Wasn't he
the lead singer of Queen? Oh.

1450
01:26:14,970 --> 01:26:17,850
Well, yeah, you got to have your
get your shot in once in a

1451
01:26:17,850 --> 01:26:21,120
while. In between the flying
saucers.

1452
01:26:22,380 --> 01:26:25,620
I haven't said anything about
the flying saucers. I'm just

1453
01:26:25,620 --> 01:26:27,750
waiting quietly for the 14th of
October.

1454
01:26:28,260 --> 01:26:31,800
Yeah, yeah, you'll be waiting on
the 15th and on the 16th

1455
01:26:32,010 --> 01:26:33,210
Maybe, maybe not.

1456
01:26:33,240 --> 01:26:35,700
I don't know, you know, I looked
at you know, we did mention

1457
01:26:35,700 --> 01:26:38,340
this, I think but I looked up
that that whole thing which is

1458
01:26:38,370 --> 01:26:42,390
was commonly mentioned here and
there, but everything that comes

1459
01:26:42,390 --> 01:26:47,610
out by all these crackpots is
and others is the fact that this

1460
01:26:47,880 --> 01:26:50,940
sighting there's just saucer
whatever is supposed to arrive

1461
01:26:50,940 --> 01:26:52,710
is going to be in the southern
hemisphere.

1462
01:26:53,730 --> 01:26:58,230
Well, there's the name Alabama,
the state Alabama, the southern

1463
01:26:58,230 --> 01:27:00,660
Ohio. I mean, there's a whole
bunch of different variations to

1464
01:27:00,660 --> 01:27:02,820
this. I don't I don't know what
that means. I would presume that

1465
01:27:02,820 --> 01:27:05,040
if this is going to mean
anything, it's got to show up

1466
01:27:05,040 --> 01:27:07,380
and it's got to be clearly
visible. And it's gonna be it's

1467
01:27:07,380 --> 01:27:09,630
gonna mean something no matter
where it pops up.

1468
01:27:11,160 --> 01:27:13,740
I would think but of course, if

1469
01:27:13,740 --> 01:27:19,470
it pops up in like China, it's
going to be no good. That won't

1470
01:27:19,470 --> 01:27:21,180
be enough proof. That'll be no
good.

1471
01:27:22,020 --> 01:27:25,170
Well, or that or Siberia? That
wouldn't work out the pop up in

1472
01:27:25,170 --> 01:27:27,930
America. Otherwise, it just
won't. It just won't suffice.

1473
01:27:28,860 --> 01:27:33,360
Well, you know, the why would
the aliens want to prefer

1474
01:27:33,420 --> 01:27:37,080
America when they've had a warm
welcome into Russia? Apparently.

1475
01:27:38,490 --> 01:27:42,120
Yeah, well, you can read Russian
newspapers and there'll be

1476
01:27:42,120 --> 01:27:46,320
mentions of, you know,
especially the greys casually

1477
01:27:46,320 --> 01:27:47,850
walking around town.

1478
01:27:48,600 --> 01:27:52,050
Yeah. But the greys aren't the
good guys. The greys are not me.

1479
01:27:52,050 --> 01:27:54,510
They're kind of opportunistic
aliens.

1480
01:27:54,780 --> 01:27:56,700
But that makes sense than the
Russians and all.

1481
01:27:58,140 --> 01:27:59,640
Now, these are the Pleiadians

1482
01:28:00,900 --> 01:28:03,840
Okay, so what else is going on?

1483
01:28:05,130 --> 01:28:08,220
That's it, man. I don't hang.
Yeah, we've been through just

1484
01:28:08,220 --> 01:28:10,920
about everything. That's all
that that's all that I'm really

1485
01:28:10,980 --> 01:28:13,680
interested in. At the moment.

1486
01:28:14,070 --> 01:28:17,250
You just preoccupied with these
with this with the bottom here?

1487
01:28:17,760 --> 01:28:18,030
Well,

1488
01:28:18,840 --> 01:28:22,710
with the bottom I'm just this I
just don't take it for granted.

1489
01:28:22,710 --> 01:28:25,950
This is historic stuff. And I
want to make sure that you know,

1490
01:28:25,950 --> 01:28:30,210
Grandpa Adam can say well, I
remember. I remember when it all

1491
01:28:30,210 --> 01:28:35,250
came down. You know, and, and
maybe we should watch this stuff

1492
01:28:35,250 --> 01:28:38,340
so that we learn from it. So we
got to learn something from it.

1493
01:28:38,340 --> 01:28:43,770
But I'm, I'm what's the what am
I? What am I looking to say

1494
01:28:43,770 --> 01:28:50,790
here? I'm sorry to hear that you
actually predict such a bad

1495
01:28:50,820 --> 01:28:51,930
economic downturn?

1496
01:28:53,100 --> 01:28:54,840
Yeah, but that's not tomorrow.

1497
01:28:55,650 --> 01:28:58,110
I know it's not tomorrow, but
you know what's, uh, what are we

1498
01:28:58,110 --> 01:29:00,810
going to do? sit around and wait
until it happens or just let it

1499
01:29:00,810 --> 01:29:04,710
happen slowly. I mean, I I'd
like to get ready for it and do

1500
01:29:04,710 --> 01:29:05,250
something.

1501
01:29:05,610 --> 01:29:07,560
But you already are getting
ready for it. You've got your

1502
01:29:07,560 --> 01:29:10,980
your hold your hold up. Yeah,
but I get your stuff. You gotta

1503
01:29:11,010 --> 01:29:11,910
borrow gold.

1504
01:29:11,970 --> 01:29:13,080
I need a deli.

1505
01:29:13,590 --> 01:29:16,230
You're like the only guy I know.
That actually now has a whole

1506
01:29:16,230 --> 01:29:17,250
bar of gold.

1507
01:29:17,820 --> 01:29:22,770
Dude, you'd be amazed. I am not
the only guy who has that. I am

1508
01:29:22,770 --> 01:29:28,890
not the only guy who has that.
You know?

1509
01:29:29,130 --> 01:29:34,050
So what is the bar gold sell
four times you get it? Well, I

1510
01:29:34,050 --> 01:29:35,700
mean, I could do the
calculation. I did the ring the

1511
01:29:35,700 --> 01:29:36,540
calculator up.

1512
01:29:36,780 --> 01:29:38,970
Yeah, go ahead. I'd like would
you mind and then we'll that'll

1513
01:29:38,970 --> 01:29:41,190
be the last thing we do on the
show. Well, let's

1514
01:29:41,190 --> 01:29:44,370
see how many ounces in a pound
or how many ounces in a kilo.

1515
01:29:44,370 --> 01:29:46,230
Here. Hold on. Let me go to the
I gotta see.

1516
01:29:46,890 --> 01:29:49,920
Because you have American pounds
in the British pounds and then

1517
01:29:49,920 --> 01:29:51,780
you have European when are they
gonna

1518
01:29:51,780 --> 01:29:55,920
do it by kilos? Yeah. So we're
gonna take we're gonna go to

1519
01:29:55,920 --> 01:29:59,970
dvorak.org/home.htm and go to
the converter, which Oh,

1520
01:30:00,000 --> 01:30:04,200
Every tool Oh, this is a secret
little site we have here hold on

1521
01:30:04,560 --> 01:30:06,390
converting tool and we're
talking about this is what he

1522
01:30:06,390 --> 01:30:12,870
said two kilos went home dot htm
or html home dot htm to

1523
01:30:12,870 --> 01:30:15,090
varric.org/home.htm Are

1524
01:30:15,090 --> 01:30:16,620
you running on a Windows Server?

1525
01:30:17,760 --> 01:30:22,260
And you go down to four
references, special sites and

1526
01:30:22,260 --> 01:30:23,610
click on advertisers.

1527
01:30:24,900 --> 01:30:27,660
Wow, this is a great site John.
With the

1528
01:30:27,660 --> 01:30:28,350
converters,

1529
01:30:28,620 --> 01:30:30,090
no, just your your divorce.

1530
01:30:30,180 --> 01:30:33,420
Oh, the whole bloody good links
and stuff, but they're all

1531
01:30:33,420 --> 01:30:36,510
great. Okay, so you go to mass
and weight conversion, and then

1532
01:30:36,510 --> 01:30:39,120
you click on you find
kilogrammes, and you have two

1533
01:30:39,120 --> 01:30:42,720
kilos. Then you hit the Tab key
and it converts it to all kinds

1534
01:30:42,720 --> 01:30:46,830
of stuff. So we're looking for
12 kilos, per ounce. How many

1535
01:30:46,830 --> 01:30:52,710
kilos? 12 to 12. You bought 12
kilos. It's,

1536
01:30:52,860 --> 01:30:54,120
that's what the bar weighs.

1537
01:30:55,140 --> 01:30:59,460
Oh, the bar weighs 12 kilos.
Okay. All right, good. All

1538
01:30:59,460 --> 01:31:02,640
right. 12 kilos. And so that
should be enough data for you to

1539
01:31:02,640 --> 01:31:05,520
figure it out. Right? Well,
yeah. Because now just go to

1540
01:31:05,520 --> 01:31:10,710
ounces, which is 423.3 ounces. I
bring up the calculator and take

1541
01:31:10,710 --> 01:31:17,340
the 423.3 multiply it by what
was the going What's the latest

1542
01:31:17,340 --> 01:31:24,540
price? Say that's to say 900
bucks. Okay, fair enough. So

1543
01:31:24,540 --> 01:31:27,720
that baby cost $380,000.

1544
01:31:28,950 --> 01:31:30,240
That's around that region. Yeah.

1545
01:31:33,870 --> 01:31:35,700
That's a nice piece of piece of
gold.

1546
01:31:36,300 --> 01:31:40,290
It's not at home. Do not come to
my home. It is not here.

1547
01:31:41,940 --> 01:31:46,530
Oh, wouldn't think it is now
let's hear now because we're at

1548
01:31:46,530 --> 01:31:50,100
the bottom you paid probably.
Roger will say something like

1549
01:31:50,100 --> 01:31:53,430
this. And it's actually probably
only worth

1550
01:31:53,879 --> 01:31:55,199
but you're there. You're already

1551
01:31:55,290 --> 01:31:56,550
$400

1552
01:31:57,810 --> 01:32:00,000
No, it's actually

1553
01:32:00,360 --> 01:32:04,350
$1,000 on that bar gold. Yeah.
Yeah. Yeah. But you'll have the

1554
01:32:04,350 --> 01:32:07,020
gold and it will be worth again.
900. Someday.

1555
01:32:07,050 --> 01:32:09,000
Yeah. As cool as

1556
01:32:10,800 --> 01:32:12,720
well, it's not that cool. If you
can't if you don't have it in

1557
01:32:12,720 --> 01:32:14,340
the house so people can lift it
up.

1558
01:32:16,920 --> 01:32:19,590
Well, only certain friends get
to hold my goal.

1559
01:32:21,900 --> 01:32:23,610
I think it'd be cool. Just Whoa.

1560
01:32:26,070 --> 01:32:29,400
I was surprised I'd never I'd
never held a bar of gold. And I

1561
01:32:29,400 --> 01:32:32,310
like wow. And this is like,
heavier and bigger than I

1562
01:32:32,310 --> 01:32:33,090
thought it would be.

1563
01:32:33,780 --> 01:32:35,370
Oh, is it bigger than you
thought? Yeah.

1564
01:32:37,080 --> 01:32:40,140
Yeah. Well, you know, again,
what have I been watching?

1565
01:32:40,170 --> 01:32:44,670
Ocean's 1112 and 13? I mean,
that's my reference for the

1566
01:32:44,670 --> 01:32:45,180
world.

1567
01:32:45,270 --> 01:32:47,610
Right? People are tossing bars
of gold around like

1568
01:32:48,330 --> 01:32:55,830
Brad Pitt Catch this? Well,
okay, call me crazy, if you will

1569
01:32:55,860 --> 01:32:56,760
call me cookie.

1570
01:32:57,930 --> 01:33:02,280
Well, your cookie had something
to do crazy like a fox

1571
01:33:02,369 --> 01:33:08,909
something to do? Are you gonna
do another Andrew Horowitz call?

1572
01:33:10,320 --> 01:33:12,690
Well, not we don't have anything
planned. How would you say

1573
01:33:12,690 --> 01:33:16,200
horror was will call me once in
a while ranting about some crazy

1574
01:33:16,200 --> 01:33:22,020
thing. And I say, well, let's
get this down on tape. And we

1575
01:33:22,020 --> 01:33:23,820
record it and then just post it.

1576
01:33:24,390 --> 01:33:27,210
All right. Now it was good
produced, not produced. But it

1577
01:33:27,210 --> 01:33:28,020
was cool. I liked it.

1578
01:33:28,740 --> 01:33:31,260
I think it's going to you know,
the what's happening, you know,

1579
01:33:31,260 --> 01:33:33,240
is I think is going to blow over
in a week or so. So we'll

1580
01:33:33,240 --> 01:33:35,130
probably do two more of those.
And that'll be the end of that.

1581
01:33:35,130 --> 01:33:37,590
And then we'll we'll do what
we're supposed to do. Okay, help

1582
01:33:37,590 --> 01:33:38,490
people invest.

1583
01:33:40,770 --> 01:33:43,410
Anyway, I'm glad Leo didn't
invite me to be on Twitter again

1584
01:33:43,410 --> 01:33:45,990
this week, because I just can't
concentrate on technology right

1585
01:33:45,990 --> 01:33:46,230
now.

1586
01:33:48,360 --> 01:33:51,270
Yeah, why? Yeah. Well, I'm not
going to be working into it.

1587
01:33:51,420 --> 01:33:53,010
I never get invited anymore.

1588
01:33:54,330 --> 01:33:57,060
I don't know why I bitch about
it. But they don't pay

1589
01:33:57,060 --> 01:33:57,510
attention.

1590
01:33:57,510 --> 01:34:00,690
Maybe you actually speak up on
my behalf. That's nice. All the

1591
01:34:00,690 --> 01:34:06,900
time. Really. I appreciate that.
Anyway, I don't know. Maybe I'm

1592
01:34:07,140 --> 01:34:08,100
maybe I'm too wacky.

1593
01:34:09,720 --> 01:34:11,910
Well, you know, you come into
cranky geeks once in a while it

1594
01:34:11,940 --> 01:34:13,200
would be make up for it.

1595
01:34:13,260 --> 01:34:17,070
Good point. Okay. Well, I'm
coming out again soon. So we'll

1596
01:34:17,070 --> 01:34:21,990
set it up. All right. Okay,
John, you're talking to you.

1597
01:34:24,150 --> 01:34:25,680
You're supposed to say yeah, it
was fun.

1598
01:34:25,770 --> 01:34:28,200
Nice talking to you. It was it
was a ball.

1599
01:34:29,550 --> 01:34:33,660
Coming to you from getting home
nation east in Guilford. I'm

1600
01:34:33,660 --> 01:34:34,350
Adam curry.

1601
01:34:35,340 --> 01:34:40,290
And I'm up in Washington state
get to get mow nation Pacific

1602
01:34:40,290 --> 01:34:42,090
Northwest. I'm John C. Dvorak.
We'll

1603
01:34:42,090 --> 01:34:44,520
talk again next week right here
on our agenda.