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HasanAbi

WAR IS BACK ON🤬STRAIT CLOSED🤬TRUMP IS MIDTERMS POISON🤬MA PRIMARIES PROG WINS!💢OIL$ RISES💢MANUFACTURED OUTRAGE💢

09-02-2026 · 6h 58m

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Broadcasts 30+ hours are truncated. View the Raw Transcript VTT for the full version.


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[00:12:08] The part of the broadcast where I tell you about my personal news about what's going on in the world of a son house
[00:12:13] And I'm a piker in between the time period where I press the stop from a button press the star shoot button
[00:12:17] So help me God. That's what I'm ado
[00:12:22] Oh, we are right ladies and gentlemen
[00:12:28] Why you hate ET so much that was absolutely hilarious from fear and I don't know cuz the ugly alright
[00:12:33] Folks this part of the broadcast where you tell you about my personal news about what's going on in the world of us on outside
[00:12:38] I'm a biker in between the time period where I press the starship of button presses the stop shambles
[00:12:41] And why do you have a cup chair great question?
[00:12:44] It's for kaya kaya likes that chair. It's actually one of the chairs that we use of the fear and live show
[00:12:49] so I am going to
[00:12:52] Let's see if she'd be down to sit on it later, but we'll see. Hey, brother Phil D covered you
[00:12:58] What the hell? What the hell yonte about what the Hassan piker situation is pathetic crashing out with Philip DeFranco and Alex Perlman
[00:13:05] Okay, let's go
[00:13:10] All of us I'm tired of talking about a son piker grandpa step she does well
[00:13:13] That's too damn bad the Hassana verse blanket them response should be I don't want to hear about associations
[00:13:18] without his without first associating addressing associations with Jeffrey Epstein go get his
[00:13:24] co-conspirators including Trump. Society should be judged by how we treat the least of us not how
[00:13:31] not by how we treat our best. Serious and Waj had to vent about you. Serious. Oh, you mean Davis
[00:13:41] Sarota. He is a very serious guy. Serious Sarota. Anyway, um, personal news wise, ladies
[00:13:51] and gentlemen, personal news wise, there's not much going on in my life. There's not
[00:13:55] much going on in the universe of Hassan Hassanabi Piker, the, the Hassanabah. Okay.
[00:14:00] Um, there is not really anything that's going on in my life because I'm a shut ass
[00:14:04] loser, except for the fact that in the mornings that I wake up, I go to bed early
[00:14:08] And then I wake up early and then I work out as I did this morning, as I did this morning.
[00:14:14] And I do an interview before I work out at 7am and then I do an interview after I'm done working out.
[00:14:21] And I do another interview right before I get started and I do big business deals and meetings.
[00:14:27] You already know this is my life.
[00:14:28] This is my life.
[00:14:30] This is the only thing that's going on in my life.
[00:14:32] It's insane.
[00:14:33] Um, but yes, this weekend I'm going to Chicago, Chicago, Chicago for the Socialism Conference.
[00:14:40] Obviously, there's going to be that.
[00:14:43] Um, uh, it's going to be an excellent experience.
[00:14:45] I'm going to be interviewing some, some very cool individuals, some, uh, some DSA panel stuff
[00:14:51] like that. No one says you have motion. No one says you have motion anymore because it's
[00:14:55] obvious. Uh, thank you for saying that. I will not be licking the bean again, but yes,
[00:15:01] I will be at Chicago Chicago. Oh, what else? What else? What else? What else to say? What else
[00:15:10] to say? What else is going on in my life? In my world? You can lick my bean. Jesus Christ. Okay.
[00:15:24] Yes, I was mentioned in the near attended New York Magdum assery. It's actually a far more
[00:15:29] forgiving piece on your attendance madness than I expected it to be because I think she deserves far,
[00:15:35] far, far more aggressive criticism. But we'll be reading that. There's two pieces that I want to
[00:15:40] read today. Obviously, one is from Astead. Our boy, Astead Herndon wrote for vox.com. He wrote,
[00:15:46] the moderate's plan to slow Hasan Piker has already worked. The streamer has become a general
[00:15:49] election distraction for allies. So we'll cover that. And then there's the New York
[00:15:54] New York Magazine, or New York, yeah, New York Magazine article as well on near attended the establishment strikes back near attended return to Center for America project to fight Trump she spent much of her time fighting her late her left leg instead.
[00:16:10] No disrespect to Nate Weisberg, but I think he was very nice near attended a lot nicer than she actually deserves.
[00:16:18] We'll be, of course, talking about crude stockpiles and the updates on that, the updates on the war in Iran.
[00:16:26] Situation monitoring is back and bigger than ever. We are monitoring the situation harder than we've ever monitored any situation.
[00:16:35] Let's be real. Shredivor-Muzza is still closed.
[00:16:38] America is still, America is still getting its ass beat up and down. Our ambitions of conquest, imperial
[00:16:52] super-profit wars of profit and plunder falling apart, dying, drowning in the Gulf of Persia.
[00:17:00] Articles being nice about Tandon's crash out are just posturing for blatant Islamophobia,
[00:17:06] at least that's how I see it. Yeah. AOC has also endorsed one of my favorites, Angie Nixon.
[00:17:16] That's exciting as well. That's good. Hopefully they will campaign in Florida. You know, get
[00:17:22] some more attention to Angie. We need our girl to perform. She is incredible. She's
[00:17:28] phenomenal. I love her. Yeah, I don't have enough. I there aren't enough words in the
[00:17:35] dictionary or the thesaurus that is an analog for good um synonym for good that i can use for for
[00:17:46] angi nixon all right um oston show is going to see engelbert humberding in televiv hasan you must
[00:17:54] condemn never uh we'll talk about ed markey obviously no staff stems are defending angi nixon
[00:17:59] i know it's fucking annoying i mean hakim jeffrey's like made one statement about
[00:18:03] Laura Loomer's racism and that's pretty much it.
[00:18:08] Have you seen Tim Miller saying he's getting negatively polarized into being an
[00:18:11] Abdul defender? Good. I mean, he should stop being so shy about his opinions given the
[00:18:18] company that he keeps. He has to just be like, oh, you guys are really pushing me to be an
[00:18:22] Abdul defender. Like you can say he's good, man. It's fine. He is good. He's a great candidate.
[00:18:26] Anyway, war is back on, straight is still closed, situation being monitored as always,
[00:18:37] you already know what's up, hold on, situation monitored, Trump is midterms poison, Massachusetts
[00:18:47] primaries deliver progressive wins, oil dollars rise, manufactured outrage continues to
[00:18:55] rise you already know we already got it all get in now do we have a blast off
[00:19:01] meme um oh shit before I forget I can't believe I'm god I'm so stupid I
[00:19:18] I condemn Hassan Piker.
[00:19:22] Am Israel high? Am Israel high? Am Israel high? I condemn Hassan Piker. I disavow Hassan Piker.
[00:19:29] He is a perfidious Muslim, a dangerous communist. He hates America and I condemn him.
[00:19:39] Glad we got that out of the way. That could have been a big mistake. That could have been a
[00:19:42] big problem, a big mistake to forget to condemn Hassan Piker is, I mean, come on, come on, come on,
[00:19:53] come on, come on, that's unacceptable. And we will not allow it. Thank God. Thank God we were fast enough.
[00:20:03] Thank God we were fast enough with our condemnation before I blast it off, because like usually,
[00:20:08] I as you guys know I start off by saying that right if you were to ask some of my haters
[00:20:13] Like Scott libido, I say America deserve 911 every day. I don't I actually say American
[00:20:19] Dizzy didn't deserve 911 and Hassan piker deserves 911 and condemnations. That's what I say now
[00:20:25] That's my new thing. This is a Hassan piker free zone
[00:20:30] So I'm glad I'm glad we got that out of the way
[00:20:38] Yeah, it's like a land acknowledgement, you know?
[00:20:41] It's a, it's, it's a land acknowledgement for those of you who don't know.
[00:20:44] Um, that's basically what it is.
[00:20:46] It is a neo-liberal land acknowledgement.
[00:20:49] Um, change the channel name to Haramabi, Harambi.
[00:20:53] Yeah, like Harambe.
[00:20:54] Oh God, I'm such a fucking Phil, any of you.
[00:21:02] Um, when will 9-Hellificate them?
[00:21:04] Yeah.
[00:21:04] Muhammad Ataq condemns us on piker
[00:21:14] The Turkish economic free zone were ship maxing. Yeah, joy and reed had some choice words as well
[00:21:24] Thank you
[00:21:27] Kaya get up there
[00:21:29] Oh my God! Oh my God! Yay! Good girl! The couch is still too small for her. We're working
[00:21:48] on it. I want to get a bigger couch for her to sit on, I think. But it is adorable. It
[00:21:55] She is adorable, isn't it?
[00:22:08] Anyway.
[00:22:15] It's an electric chair, yes.
[00:22:20] an electric chair to electrocute her better.
[00:22:25] Hold on.
[00:22:50] Not a mini F happening the moment you said electric chair. Yeah, great. All right. In any case, in any case.
[00:23:06] Did you see someone finally wrote a piece on the insanity of NERA? Yeah, but it wasn't good enough in my opinion.
[00:23:16] I don't think it was critical enough, at least it is far less critical than than what she deserves if we're being real
[00:23:28] If you were to have kids would you ask they would ask them if they condemn their father yes, and hopefully they would condemn
[00:23:35] The perfidious Hassan the perfidious Muslim islamo-communist Hassan piker
[00:23:42] What are we talking about?
[00:23:46] Someone said she thinks she's people she is people
[00:23:57] People are being super normal about Abdul after this video
[00:24:08] You are the new transgender topic. Yeah. If you want to see how obsessed Fox News with
[00:24:12] the sound look at this corner archive.org Fox News and Fox Business mentioned a sound
[00:24:15] look on across 398 broadcasts in August. That is a higher monthly total across those channels
[00:24:20] that either transgender mentions or illegal immigration mentions. It's my birthday today.
[00:24:31] Can you game? No. Kai is reading the screen guys. Keep it clean. Yeah. Why do you
[00:24:41] only rotate through four suits why don't you buy new colors please my eyes are sore
[00:24:46] from repetition wait what dude I have so many suits I wear so many different
[00:24:52] suit what are you talking about
[00:24:58] that's crazy
[00:25:03] are you serious
[00:25:11] This is one that I have a warrant in a minute.
[00:25:18] Cap, cap.
[00:25:24] Bro, look at the VOD thumbnails and you will see.
[00:25:30] I got the same message after pumping gas today.
[00:25:33] Yeah.
[00:25:34] Crazy experience pumping gas today.
[00:25:35] It's real dude.
[00:25:36] do it. This is what they're doing out here.
[00:25:43] Same chatter said they shaved their legs.
[00:25:47] Can you do a girth size senses? Yeah, we're not doing that.
[00:25:51] You're fucking nuts.
[00:25:54] Okay, we're not doing that.
[00:25:56] My iPhone won't let me update the iOS 27 until I condemn his Sompike.
[00:26:12] You don't get a discount for condemning a Sompike or unfortunately, you just simply
[00:26:19] are denied service until you do.
[00:26:21] So it's not even one of those things.
[00:26:23] Did you see E.T. condemned you little bro? Good
[00:26:29] Your servers are really hating this Abdul ad yeah, I know
[00:26:33] Obdolosa drops a new highly produced ad called Senate Island to sell us socials policies
[00:26:37] What gives me the it corporate money people who think we can't have guaranteed health care through Medicare for all?
[00:26:40] I know
[00:26:46] I'm Abdul I'll say it I'm 41 years old and I'm an Auburn machine. Oh my name
[00:26:50] I'm gonna be honest a little bit. It's a little bit corny. It's a little bit corn ball status, but
[00:26:56] Look man, you got to make this guy
[00:26:59] More appealing to the white wine moms. It's like scary. He's a scary guy liberals like corny. I think I don't know
[00:27:08] Zoran did some corn ball shit, too, you know, he's allowed to do a little corny as a treat, right?
[00:27:15] Yeah, we're allowing people to be cringe you literally said I know I know I know yeah
[00:27:24] I love my name my people don't know this it means servant leader right here on my bracelet
[00:27:28] So what's my type? No corporate pack money ready to rock for Medicare for all
[00:27:33] I got one goal here on Senate Island and that's to pass Medicare for all and I'm not afraid to
[00:27:38] step on people's toes. What's my red flag? I'm not here for love I've been married for 20
[00:27:42] years with new kids. What gives me the ick? Corporate money. People who think that we can't
[00:27:47] have guaranteed healthcare through Medicare for all. People who've got nasty toes. What
[00:27:53] do I bring to the Capitol? Michigan Grit and Grind and a whole lot of time thinking about
[00:27:58] this. If you want healthcare and you want corporate money out of your politics, I
[00:28:03] might just be the guy. Corporations and- You should have said Israel. What gives
[00:28:06] me the ick? Israel. No, I'm just kidding. The establishment have been coupled up for
[00:28:10] too long. I'm here to shake things up, get corporate money out of our politics, money
[00:28:15] in your pocket, pass Medicare for all.
[00:28:19] It's a Love Island reference. I know, dude. Jesus Christ. Guys, I'm not that out of touch,
[00:28:26] okay? I am familiar with pop culture references. Like, what's wrong with you? This shit works
[00:28:36] Big with boomers my 70 plus year old mom sent me this today. Okay, good
[00:28:45] I'm not that on bro. I also love island is on
[00:28:50] Well fucker, you didn't know what an everything shower was okay stop are they trying to baby girlify Ram a manual
[00:28:56] I love that Ram a manual knows you think he's out of step with the times and quite possibly delusional
[00:29:01] Guess what he really doesn't give a shit Matt buys interview with Ram a manual
[00:29:06] You don't like my ideas, show me yours.
[00:29:13] The always pugnacious Democrat is ready to fight with the DSA and beating in Yahoo and
[00:29:16] maybe run for president.
[00:29:18] Dude, dude, there is, I have never seen a bigger industry plant than Rahm Emanuel.
[00:29:27] It's kind of funny.
[00:29:29] It's kind of funny because like he's, he is the first industry plant politician, like presidential
[00:29:36] candidate we've ever had.
[00:29:40] And it's wild cause he, the other day he went to Jewish inside everyone was like, I'm going
[00:29:47] to kill Hassan Piker by bludgeoning his head with a two by four.
[00:29:53] Why is nobody asking him that question?
[00:29:55] like, hey, Ram, despite your six foot, or despite your five foot six stature at your old 66 years
[00:30:05] of being alive on God's green earth, you recently threatened prominent socialist commentator
[00:30:13] and critic of Israel by saying you would beat him to death. You'd bludgeon his brains
[00:30:20] with a two by four
[00:30:22] what's that about
[00:30:24] you know what's that about wrong
[00:30:27] gives you know what's going on there on the one hand you try to present
[00:30:32] yourself as a critic of Israel on the other hand you're like i'm gonna kill
[00:30:34] other critics of Israel is very strange
[00:30:37] do you really say that he did
[00:30:42] whether they go on
[00:30:43] like are you sick yes
[00:30:45] would you still
[00:30:46] say yes today
[00:30:48] and why
[00:30:49] So I can give him a two by four upside his head.
[00:30:54] Dude, that's such a psychotic thing that, like, that's so insane.
[00:31:01] And it's crazy because, like, can you imagine if I said that?
[00:31:06] Can you imagine if I said that about Ram or anyone, really?
[00:31:15] Do you think CNN would ever allow me back on a panel?
[00:31:18] No, CNN won't even allow me on a panel right now. Do you think that this would drive discourse?
[00:31:27] I thought it was with Jewish insider. Jewish insider wrote about it.
[00:31:35] Epigenetic Haganah memory kicked in over Ottoman name.
[00:31:41] That's funny.
[00:31:42] Apek kind of giving the game away. I know
[00:31:50] Yeah, check the date the genocide was alive from the start it was never about the war or food or even Palestinians
[00:31:55] It was always about demonizing Israel says a pack. Yeah, I cooked a pack on the timeline earlier today
[00:32:00] I don't know why they keep posting this like look at Abdul in a song side by side together
[00:32:06] Because Abdul al said agrees with the Sampai heard that's why he asked Piker to campaign for him
[00:32:12] Uh why he was courting pikers admirers they're aligned same vision
[00:32:16] I said I don't think apac understands that the average american doesn't care about me as much as they dislike them
[00:32:21] No matter how hard establishment dems in the entire right wing media apparatus try to boost my negative approvals of billions of earned media over the last
[00:32:26] Couple of months israel and apac will always be less popular and far more consequential electorally than a socialist streamer and commentator
[00:32:36] Right
[00:32:38] You are the pro-genocide, spend American tax dollars in Israel instead, PAC.
[00:32:45] You used to get bipartisan support across the board.
[00:32:49] You were responsible for writing anti-First Amendment, anti-BDS legislation in 30-plus states.
[00:32:55] Now you were reduced to losing a beef with a Twitch streamer.
[00:33:00] They've fallen off. They've fallen off.
[00:33:04] They deserve to fall off even further. Let's be real
[00:33:16] Rahman talks the Rolling Stone about the competition posse is fishing it is really leadership and television earlier than sorry at work
[00:33:22] No one is falling for this
[00:33:27] This dumb meat hit is so close out the oh you mean the real Joe Rogan to the left excuse me
[00:33:34] Aren't you represented by his brother's agency? I am. But that's Hollywood, baby.
[00:33:40] They don't give a fuck. That's true. Ram on the one hand is going on CNN and being
[00:33:45] like, I'm gonna kill Hassan Piker. On the other hand, his brother, Ari Emanuel,
[00:33:50] owns WME. That's how Hollywood works, though. That's Hollywood. Straight up. They
[00:34:00] don't give a fuck. They're gonna drop you. If they didn't drop me post October 7, I doubt that they
[00:34:07] dropped me now. And it doesn't really mean much even if they did. Especially now, it would be really
[00:34:13] dumb for them to do so because then they would just like invite unnecessary negative attention to
[00:34:17] them at a time when Israel is unbelievably unpopular. Yeah, no, I got calls, I got boss calls
[00:34:23] I've talked about it before I got boss calls post October 7 to be like you got to turn the heat down big dog
[00:34:36] Too much and I was like nope not happening
[00:34:42] And at a time what's interesting is at a time when like everyone was getting dropped left and right in Hollywood
[00:34:49] They still didn't drop me. I don't know why
[00:34:53] Bezos called. No, I'm talking about WME. They asked Hailey Stevens about you again.
[00:35:09] Joe Khalil, TV Capital News correspondent for News Nation, asked Rep. Hailey Stevens about
[00:35:16] whether the national attention on Sampagos taking away Michigan Democrats efforts to focus
[00:35:19] on affordability message. Her full answer, which included her recent trip to Israel
[00:35:22] going to continue work as a very passionate design as Democrat.
[00:35:25] Just racking from the affordability.
[00:35:26] Well, I know Alyssa Slotkin, Senator Alyssa Slotkin, who's going to be Michigan
[00:35:30] senior senator, has really taken a duel under her wing.
[00:35:33] She stayed neutral in the primary.
[00:35:35] She informed me that she was convinced that a duel was going to be
[00:35:39] someone she was going to serve with.
[00:35:40] And so I think she's helping to guide his campaign right now
[00:35:43] and kind of showing how she won in such a close way against Mike Rogers,
[00:35:48] who's, look, the guy wants to rubber stamp Trump.
[00:35:51] Trump, the guy doesn't want to lift a finger on health care costs.
[00:35:55] And so, you know, I love seeing the relationship between, you know, Abdul and
[00:36:01] Alyssa, Rashida, Debbie Dingell.
[00:36:04] There's a lot of, you know, prominent federal lawmakers who Abdul is
[00:36:09] campaigning with, who he's going to join here in the nation's capital.
[00:36:13] You know, I'm retiring from the Congress.
[00:36:15] What I am expert at is winning house races.
[00:36:18] So I am still very fired up to be a very passionate Zionist Democrat.
[00:36:22] In fact, just this morning I got back from Israel.
[00:36:29] Israel comes to me in my dreams.
[00:36:31] I was in Tel Aviv and Jerusalem and on Kibbutz.
[00:36:35] I went at my personal capacity.
[00:36:37] My fiance's father was born in Haifa and he is family in Israel
[00:36:42] and we had been vacationing and realized we had some extra time.
[00:36:46] So I went into a personal time to visit the country.
[00:36:49] Israel comes to me in my dreams!
[00:36:52] I hear from survivors of the October 7th attacks.
[00:36:55] And also to meet with a hostage survivor.
[00:37:00] I'm the co-chair of the hostage camp.
[00:37:02] Yeah, she's such a...
[00:37:04] Dude, she's a fake Zionist by the way.
[00:37:07] She said Kibbutz.
[00:37:08] It's Kibbutzim, okay?
[00:37:12] If you were a real Israel head,
[00:37:14] You'd start saying Hamas Nick you'd start adding Nick at the end of things. You know what I mean?
[00:37:20] You wouldn't say kibbutz is you would say kibbutz team
[00:37:23] That's that's real Israel ours. Okay. We out here. We are the real Israel heads Israel comes to us in our dreams actually
[00:37:34] No making fun of her you like her now. Yeah
[00:37:39] Yeah, so Haley Stevens I say what gives yeah
[00:37:44] She's a first-generation stop. She didn't know anything yet
[00:38:00] You have to feel bad for her she said desperately wants to be Jewish
[00:38:02] She's even marrying into a Jewish family, but they'll never accept her fully. That's not true
[00:38:05] I mean she'll I suspect Haley might convert
[00:38:10] It would not surprise me at all because I mean she's already
[00:38:14] She's she'll if she commers though they'll accept there. What are you talking about?
[00:38:21] Bethany Mandel is a convert
[00:38:25] When I first found out about that that actually shocked me to my core shocked me to the bone
[00:38:29] I thought Bethany Mandel was was Jewish. I did not know that she was an adult convert
[00:38:35] And it happens all the time
[00:38:37] and
[00:38:39] In my experience from friends
[00:38:41] Friends that I have, friends that I know of that had a parent that had the mother convert,
[00:38:52] they're oftentimes much more aggressive about, like adult converse are much more aggressive
[00:38:57] about outward expressions of defending Israel than, you know, lifelong Jews are.
[00:39:06] Yeah, the the zealotry of the convert remains
[00:39:16] S-Force that's work that has been very bipartisan that is very much a part of my trajectory of success here in the nation's capital
[00:39:27] Orthodox Jews in Israeli law doesn't accept commerce. No, you're wrong. They do
[00:39:31] Orthodox Jews and Israeli law accepts converts if they convert to Orthodox Judaism, I'm pretty sure
[00:39:39] and not like any of the mainline stuff like no reform stuff, but I might be wrong. I might be
[00:39:45] getting this wrong, but I'm pretty sure Israel wants you to convert to Orthodox Judaism.
[00:39:52] Converts of any of the Abrahamic religions are always way more aggro than those born
[00:39:56] I don't get why Anti-Zionists are leftists insist on making the arguments on behalf of
[00:40:22] the most conservative parts of the Jewish community, and now these shatters are Jews.
[00:40:25] What do you mean?
[00:40:29] Oh, that they'll never accept their stuff.
[00:40:31] I think people are not being thoughtful.
[00:40:38] Um, but yeah, it's just wrong.
[00:40:41] You're wrong about that.
[00:40:43] You know, I have at least enough experience in this.
[00:40:52] Um, you're correct orthodoxy accepts orthodox conversion. It is much more difficult and longer process though. You have to see a psychologist, etc. Yeah
[00:41:05] Look, I don't get it I
[00:41:08] Don't understand it. Okay. I don't understand it
[00:41:13] It's it's confusing to me
[00:41:15] like adult conversion in general is confusing to me whether it be Islam or Christianity or
[00:41:20] even if you're like an evangelical and then you convert to Catholicism I will never understand it
[00:41:26] it is so outside of my it is so outside of my realm of consideration it's just it it comes
[00:41:37] across as is a strange experience look but more power to people you know we know people that
[00:41:43] converted, right? Godia Lisa converted, reverted to Islam. So like, you know, respect to each
[00:41:48] their own. I will always be accepting of whatever people believe, even if I don't personally understand
[00:41:55] it or personally believe it. And, you know, it's, it's fine. I mean, look, here's a, here's a
[00:42:01] radical transformation, a radical conversion. Joanne Reed, transforming from a Hillary
[00:42:08] Rodham Clinton, supported to a Hassan Abihed, which is incredible. You know, we welcome that.
[00:42:12] Because while the media is hyperventilating about Hassan Piper, who's been on this show and is welcome back on the show and who I'm sorry, you know,
[00:42:21] He's not dangerous
[00:42:22] He just wants better care for all in for the war to stop in Iran and in Gaza
[00:42:26] Give me a freaking break
[00:42:28] And he said something that j street the leaders of j street have said what he said
[00:42:34] Yeah, um
[00:42:37] This is like this is the thing that triggers
[00:42:39] centrist endlessly by the way when people go he just wants health care which is true I do right
[00:42:45] Centrist gets so mad
[00:42:47] They think this is like Islamic taqiyyah that like I don't even care about health care in their minds
[00:42:53] They're like no Hassan doesn't care about health care. He doesn't care about Medicare for all Abdul doesn't care about Medicare for all
[00:42:58] They're doing Islamic style taqiyyah
[00:43:00] Which is kind of funny because then it's like a a funny recognition of something that they refuse to recognize for the longest time
[00:43:06] Which is that Medicare for all is broadly popular
[00:43:09] But now they've moved on from that. They've basically conceded on that front.
[00:43:13] So they've decided, oh no, these guys are taking on this very popular policy prescription in an
[00:43:20] effort to push for their terrifying agenda of making sure that everyone is both Muslim and
[00:43:26] transgender and covered by the head job at all times. And it's really cool because for my
[00:43:34] estimation, it's like, okay, so you do admit that Medicare for all is popular. It's like,
[00:43:37] Yeah, I'll take it. No, that's a W. Thank you
[00:43:50] That's great
[00:43:51] Because these guys used to refuse to reckon not not joy obviously joy is is incredible. She's amazing
[00:43:59] But I'm talking about like, you know Noah Smith or something right like these guys used to always say like Medicare for
[00:44:05] is unpopular. Nobody wants it. It's going to make sure your healthcare is worse. Blah, blah, blah,
[00:44:09] blah, blah. Now they're like, okay, BB Medicare for all is popular. And these Muslims, these filthy
[00:44:16] Muslims are pushing for Medicare for all Sharia style so they can do Sharia, Islamic medicine.
[00:44:24] That this madness that Bibi Netanyahu is doing is the thing that's harming Jewish people's
[00:44:35] safety.
[00:44:36] It's not Hassan Piker doing that.
[00:44:38] It's Bibi Netanyahu who claims to speak for every Jewish person on earth and then commits
[00:44:45] a genocide in their name.
[00:44:47] And people who are innocent Jewish people who have nothing to do with it catch hell
[00:44:53] for it.
[00:44:54] What is all his on Piker has said? And if that is wrong, then you need to condemn J Street
[00:44:58] too because they've said it. Well, J Street did condemn me ironically in a, which was shameful.
[00:45:05] Shameful experience, somewhat expected. But they should get condemned me for something
[00:45:11] that they themselves have said. Why don't you have a fuzzy colored mic? Cause I'm not
[00:45:17] cool like Joy. BB isn't unique to speak as if he represents all Jews, Zionist
[00:45:22] project has always done that? Yeah. For sure. Islamic medicine has a similar ring to it as
[00:45:39] Arabic numerals to be honest. Yeah, don't tell people about Arabic numerals. They're
[00:45:42] gonna, I think Joyce argument is strong though. Yeah, no, for sure. I mean, she's great.
[00:45:48] my queen. One thing Abdul said that I really liked, by the way, was where they were like,
[00:45:58] oh, he's doing jihad. And he said something like, yeah, I'm doing jihad against like healthcare
[00:46:03] profiteers. Or what did he say? He said something like, yeah, if there's, if there's a jihad
[00:46:07] that we're fighting, it's against, it's against those who don't want us to have free healthcare.
[00:46:13] We're doing a jihad against medical debt, right? Isn't that what he said? Something along those lines?
[00:46:21] That was pretty good. That was pretty solid. It's kind of cutesy. The problem, of course,
[00:46:29] is you never know how people will receive it, right? The issue is what do you do?
[00:46:36] What do you do when the audience is is going to take something that you said jokingly and
[00:46:48] turn it into something sincere? Like what do you do in that situation? Right? Here's a here's Abdul.
[00:46:59] I want to turn
[00:47:02] Here's Abdul talking about what his faith means to him and why you know being called a jihadist
[00:47:10] The attacks against you the president of the United States has called you a jihadist
[00:47:15] Republicans are saying you have no business in the Senate
[00:47:18] If you are elected, you will be the first Muslim senator that going after your faith
[00:47:22] I would just love to hear from you what your faith means to you and how you think it
[00:47:27] It has to do with your politics.
[00:47:32] You know, if there's any jihad, it's going to be the one against medical debt.
[00:47:34] So I implore Donald Trump, if you're interested in taking on medical debt, come join me.
[00:47:39] Taking on money in politics, come join me.
[00:47:41] But at the end of the day, the average American is not as worried about how I pray.
[00:47:45] They're worried about what I pray for, what we all hope for.
[00:47:48] When you look your kid in the eye, you want to know that they're going to have
[00:47:50] a better life than the one that you had.
[00:47:51] And right now, I think when most of us look our kids in the eye, we're worried
[00:47:54] about their future looks like.
[00:47:56] Faith is important to me, but it's also private to me.
[00:47:58] I want to be able to live in an America where nobody tells me how or what circumstances I
[00:48:04] can pray in, and I have no interest in telling anyone else how to do the same.
[00:48:07] So it has nothing to do with your politics?
[00:48:08] What I'll tell you is there are ideals about this country that I think we all hold dear.
[00:48:14] And I think that's the thing that unites us beyond our differences, right?
[00:48:17] That idea that we can say, you know what, we believe in something that's bigger
[00:48:20] than us.
[00:48:21] And as a person of faith, I believe in that.
[00:48:23] But it's also why I believe in the power of our Constitution and the power of this
[00:48:26] country to create something that's greater than the sum of its parts.
[00:48:30] Bro, she's so funny.
[00:48:33] We do need to get a bigger chair for sure because she clearly likes it.
[00:48:40] She clearly likes it and I think she likes it more than she likes the bed.
[00:48:44] But also at the same time it's a little bit too small.
[00:48:48] It's a little bit too small for her.
[00:48:51] I went to go up the piss and she ran inside to be like, all right, time to take my
[00:48:55] my chair. Get in there. Okay, go please. What are you please? Let's see. Let's see. She's
[00:49:00] literally just a cat. No, she is. She is. Get up there. I love her so much. It's crazy.
[00:49:14] Good girl.
[00:49:22] Get her giant cushion.
[00:49:26] Aim the chair towards the camera too.
[00:49:31] She acts like she's 10 pounds.
[00:49:33] No, she acts like she is 10,000 pounds.
[00:49:36] Are you kidding me?
[00:49:37] Have you seen the way she moves?
[00:49:39] I mean, she moves real fast when there's like, uh, you know,
[00:49:43] like a rodent or something that she wants to chase and she gets the prey drive.
[00:49:47] But, um, she, when, when it comes to, did you not just see how she got up on that
[00:49:54] chair?
[00:49:55] She got up on that chair, like her ass is a thousand pounds.
[00:49:58] Get our side table to keep our books and pipe and glasses on. That's funny.
[00:50:13] Ooh, new dog furniture. It's not new dog furniture. It's furniture from the Fioran tour.
[00:50:18] But we realized when we had the furniture from the Fioran tour that was like stashed
[00:50:24] in my living room before we shipped it out. She would just go up on the chair on her own
[00:50:33] and sit down on her own randomly because she loves couches. She loves laying on couches.
[00:50:40] So then I was like, oh, once the tour is over, let's keep one of the chairs for her to
[00:50:46] sit on and you know see if she just prefers that but again I think it's like
[00:50:54] too small. You can buy bumpers for her bed race or she can lay down with her head
[00:51:00] raised. Get her a love seat that she fit her. If she loved them as much as JD how
[00:51:11] How dare you? How dare you make a comparison to JD Vance?
[00:51:17] She got up like my Gen X old ass,
[00:51:19] unc Oh my freaking back.
[00:51:23] That is the most spoiled dog on the planet. I know that's why it's so funny
[00:51:26] when people are like, I saw him as a dog.
[00:51:30] How much did you pay for this glaze piece?
[00:51:34] Oh, from a stead friend of the show, a stead. We're going to read that right
[00:51:36] now. Um, so a stead Herndon of Vox.com.
[00:51:41] formerly of the New York Times, a friend of the show,
[00:51:43] instead wrote a piece on Vox where he talked about
[00:51:48] the centrist project to knife your boy, me.
[00:51:54] And he wrote the article, our article title is,
[00:52:00] the moderates plan to slow his on piker has already worked.
[00:52:02] The streamer has become a general election distraction
[00:52:05] for allies.
[00:52:06] Welcome to the midterms actually.
[00:52:07] Every week I'll be writing about two things,
[00:52:09] big idea or trend I see form across 22 is his primaries and one thing I'm hearing
[00:52:13] from a voice on the ground, you can sign up here to get it in your inbox.
[00:52:16] Every week, let's get into it. One big idea. The moderate plan to make a Sampiker general
[00:52:19] election liability has already worked. Last month, Francesca Hong lost the Wisconsin
[00:52:22] governor's primary and a shock result. The next day, the person who was maybe most
[00:52:26] prominent surrogate left to Swiss shimmer, Sampiker said he may have played too big
[00:52:29] of a role in a race and that he shouldn't have been anyone's biggest surrogate in the
[00:52:32] first place. Then came Angie Nixon, the Florida progressive one or Senate primary,
[00:52:36] was promptly asked about Piker repeatedly. An interview CBS News was the wildest example.
[00:52:39] Nixon, who has never appeared on a stream, says she didn't really know who he was.
[00:52:43] So Piker, unprompted, announced he'd be staying away from a race, so as not to not hurt her.
[00:52:48] And then there's Michigan, where Democratic Senate nominee Abdel Al-Sayed, who campaigned
[00:52:51] with Piker throughout his primary race, has kept him at arms length and minimized the
[00:52:54] relevance of the streamer in California. Ever since Piker made controversial remarks
[00:52:57] about the relationship between Jewish institutions, Israel, and anti-Semezemal Al-Sayed,
[00:53:00] we're trying to win over skeptical Jewish Democrats. Piker told SemaFour the
[00:53:04] the media attention was unfair, but that he understood if Allied Canada's needed, uh,
[00:53:07] some, uh, sometimes distance themselves from him to focus on their race, even if it, even
[00:53:12] if he might advise against it, taken together. That's the ball game in a nutshell. Six months
[00:53:16] after the Wall Street Journal published a third way op-ed arguing that Democrats are
[00:53:19] too cozy with the Sompiker, the streamers voluntarily removing himself from campaigns.
[00:53:22] He wants to win and a Senate nominee with no connection to him at all is being asked
[00:53:27] to answer for him on CBS. So here's a rough timeline of how his Sompiker derangement
[00:53:31] syndrome infected the Democratic Party, at least from my court side view. Hong lost because
[00:53:36] of Tony Evers, not because of you. Yeah, that's a, that's a misinterpretation of what I was
[00:53:40] saying. I was saying like, I should never be the biggest surrogate for a campaign, as
[00:53:44] in there should be more national, uh, progressive leaders that endorsed Hong. And if that
[00:53:52] was the case, then that, then Hong would have won, right? Did you read the Washington
[00:53:57] article on you today? No, I didn't. There's another article on me on Washington.
[00:54:12] Um, anyway, let's continue.
[00:54:15] Piper gained national prominence in 2020 for election and his aftermath initially
[00:54:20] is an anti-Trump counterweight to the mannisfar in the Biden years.
[00:54:23] Democrats became uncool on the internet and even worse, didn't know it.
[00:54:27] Piker remains one of the few genuinely popular shimmers he's specifically discussing politics
[00:54:30] and news, roughly 3 million social followers, north of 20,000 people watching on average
[00:54:34] day and many more seeing clips. Okay, it's 30,000, as that is cooking my ass.
[00:54:46] Number three on the Rolling Stones list of 25 most influential creators of 2026.
[00:54:50] He was an obvious fit for a democratic party conducting open search for his own Joe Rogan.
[00:54:54] His newfound access to Mason rubbed some the wrong way. The New York Times found a profile
[00:54:58] headline of progressive mind and a MAGA. And a body made for the MAGA's Montmanisphere.
[00:55:03] New Yorker made him a central figure in the battle for the Bros. A GQ profile. The Times
[00:55:06] creators list followed. And in November 2025, crooked media put him on stage at Crookacon
[00:55:10] and watched him DC on a panel about the party's dour image. Next, Tim Miller and Simone
[00:55:14] Sanders Townsend. That last one is what did it. When I asked third way president John Cowan
[00:55:19] in June, what prompted the op-ed he didn't hesitate. The specific impetus was that the Pod
[00:55:22] say folks, very prominent Democrats had featured a Sompiker at a conference where they are officially
[00:55:27] elevating him, aligning him with Democrats. That's what triggered this for us. And there's a series,
[00:55:32] and then there's a series of other things beyond that. The op-ed itself, Democrats are too cozy
[00:55:36] with the Sompiker by Cowan and Lulud Cohen on March 19th. Reservice pikers, old controversies.
[00:55:41] Cowan read several of them to me on tape, including a decade old bit about Miley Cyrus
[00:55:44] and this one about anti, this one about Asian Americans. There's nothing more annoying
[00:55:48] to me that fuck a first-generation, second-generation, third-generation, Asian motherfuckers who are
[00:55:51] dogs to white people, you are literally barking for white people. The piece also claimed Piker
[00:55:55] had never apologized. That part isn't quite right. Piker has apologized mostly, but he does intend
[00:56:00] to agitate. Unlike a traditional journalist, his product is an hour's long stream of consciousness,
[00:56:04] entirely independent of access to elected officials. He doesn't need campaign
[00:56:08] relationships to offer commentary, which means the ordinary levers don't work on him,
[00:56:12] and he knows it. On the Molly Cyrus clip he said on America, actually, oh my god, it's so
[00:56:16] cringe. Of course I've apologized for it. I mean, it's nasty. It's obviously, it doesn't,
[00:56:20] it obviously doesn't reflect my current values. A big part of my politics and a big part of my
[00:56:23] world revolves around rehabilitation. I've had misogynistic opinions in the past. I've had
[00:56:27] transphobic opinions in the past, and I've worked through them. But on the things he considers
[00:56:31] political, he does the opposite. When I pressed him on saying he'd vote for a Moss over Israel
[00:56:34] every time, he said, that's something he stands by and is even courting the controversy on
[00:56:39] purpose. I am at the end of the day, someone who's engaging in, and this is Marx's term
[00:56:42] that a lot of people get mad at because they don't understand what propaganda is supposed
[00:56:45] be a neutral term in its inception, but this is agitative propaganda. The entire point I'm making
[00:56:50] is to cause you to second guess. I've already tripled down on it. No, I'm about to quadruple down on
[00:56:55] it. I think the quadrupling and tripling down on it is also part of the process. The mouse suit,
[00:56:59] the tweeze, the rallies, the shimmer knows what he's pushing buttons. I asked him about it in
[00:57:03] August after he wore a Zhongshan suit to address cause Democrats of America, but you know what
[00:57:06] you're doing. No, for sure. You know good and well what you're doing. I do. And his influence
[00:57:11] grows with the attention. He told me the campaign against them has been, in his words,
[00:57:15] a gift. Piker also makes an argument that it's pretty undeniable. The majority of Democrats
[00:57:19] are a lot closer to his position on health care, on immigration, and on Israel than those of Third
[00:57:23] Way. It was a lot lonelier on October 8th, 2023 saying the exact same things I'm saying right now.
[00:57:28] It doesn't feel lonely anymore. And if they want that, if they want to position themselves on the
[00:57:33] 10% side of a 90-10 issue, that's going to be great for me. That's going to be great for
[00:57:36] the candidates that I'm actually promoting. Some have likened Piker to LaRouche Lemba.
[00:57:41] And the Rogan comparison is now so standard the NPR put it to him directly
[00:57:46] I think the better analog is someone like the breakfast club Charlemagne the god an audience inside the party
[00:57:50] Some access to elected officials and a persistent criticism of its ideological direction particularly in Charlemagne's case on issues affecting black Americans
[00:57:58] By correctly sat down with Charlemagne in June, which tells you something about the lane
[00:58:02] What makes biker different is the anti-zionism and the corresponding fear among the democratic establishment that his views
[00:58:08] represented emerging wing of the party's own base rather than a fringe of it.
[00:58:11] The backlash.
[00:58:12] Piker's worked with progressive primary candidates raised the stakes.
[00:58:14] First, he helped launch Zoramumdani's Meryl campaign into national consciousness.
[00:58:18] In a campaign with L-Side in Michigan, where Piker rallied on campuses in April,
[00:58:21] and stood with him on election night.
[00:58:22] Piker supported Donovan McKinney in Michigan's 13th district,
[00:58:25] Maylock, Kurosyn, Colorado, Dalia Liza in New York,
[00:58:28] all of whom won their respective primaries out of Hamawee as well in New Jersey.
[00:58:33] Medicare for all, abolishing ISO wealth tax, rent stabilization,
[00:58:36] They are most associated with anti-Zionism and propelcy and advocacy.
[00:58:40] In recent years, that has replaced issues like the renewed deal as the left's foremost test
[00:58:44] of progressive credentials.
[00:58:50] Are Centres demigods too racist to compete in Michigan?
[00:58:54] Ryan Cooper from The Prospect wrote this article. We'll take a look at that later.
[00:58:59] This has not only made Piker's role more significant. He wasn't just a media figure,
[00:59:03] but the campaign surrogate whose support helped validate a candidate's credentials on the
[00:59:06] the left, but also increased scrutiny on a stream and attacks on ideological opponents.
[00:59:09] But what's the real goal here? No one has to like Hassan Piker. And I completely get
[00:59:13] why pro-Israel advocates or the moderate wing of the Democratic Party fending off the left
[00:59:17] would go out of its way to make him a campaign trail liability.
[00:59:20] What I don't understand is the repeated questions from media, the incessant search for condemnations
[00:59:25] and reporters, pressuring candidates like Nixon to take a stance on Piker if they've
[00:59:28] never associated with them.
[00:59:30] Bikers critics also have a point that scrutiny is rarely applied evenly, especially
[00:59:34] when it comes to the Islamophobic attacks from right wing.
[00:59:40] And sometimes democratic figures in Canada frequently face.
[00:59:42] When I talked to Piker and his critics a third way,
[00:59:44] it was clear that this was not just a proxy battle
[00:59:46] for Israel's place in party politics,
[00:59:48] but also a group of Washington insiders struggling
[00:59:50] with the fact that they are no longer
[00:59:51] the most relevant gatekeepers of political discourse.
[00:59:53] When I asked third ways, Cowan,
[00:59:54] about whether he would be upset
[00:59:56] if a Democrat appeared on Joe Rogues' podcast
[00:59:57] or goes on Fox News many candidates do nowadays,
[01:00:00] he said he supported Democrats going anywhere
[01:00:02] and everywhere to make their case,
[01:00:03] except Jonathan Gowen is lying because their goal wasn't to simply stop me from being a campaign surrogate.
[01:00:09] Their goal was to also stop candidates from even coming to the broadcast.
[01:00:14] Because right now, do you think if I were to interview Angie Nixon,
[01:00:19] if I were to interview Angie Nixon, do you think mainstream media would not count her endlessly?
[01:00:25] Not like, not like becoming a campaign surrogate for her.
[01:00:29] Just simply interview her. I'm a media personality at the end of the day, right?
[01:00:33] IMA media platform at the end of the day, like Breaking Points or Karl Kalinsky's show, Secular Talk, or a majority report,
[01:00:40] she can go to all of those other outlets right now, but if she were to come here as an outlet, not as a surrogate, but as an outlet,
[01:00:46] the media would rip her endlessly. And that was the goal.
[01:00:52] So it's a little bit of a modern daily. Not only have they greatly boosted these Islamophobic attacks,
[01:01:00] presenting me as this radical Islamist, jihadist, terrorist, but also simultaneously made it so
[01:01:05] that if a candidate wants to have direct access and communicate directly to my audience, then
[01:01:13] they will be punished endlessly by the media. Make sure Moutlets will punish them endlessly.
[01:01:22] If you disagree with us on Piker Fine, go on a stream and argue against him and denounce
[01:01:26] him and expose him for the bigoted guy that he is. That's not our beef with Piker.
[01:01:29] Did he say that about Joe Rogan?
[01:01:30] Are you supposed to go on the Joe Rogan experience and like disagree with them?
[01:01:39] When I asked whether a Democrat appearing on piger stream is rep alexander or closet Cortez
[01:01:43] has more than was would be disqualifying.
[01:01:45] He said, no, I think people throw around the word disqualifying way too easily going
[01:01:48] on.
[01:01:49] Somebody streamed does not disqualify.
[01:01:50] Do I think it would be bad judgment?
[01:01:51] Do I think they'd be pushing away more voters and they'd be getting sure.
[01:01:54] But no, that's not disqualifying.
[01:01:55] That's absurd.
[01:01:56] Meanwhile, six and 10 voters told echelon insights in April that they had never heard of us on piker and data for progress polling in the
[01:02:01] Michigan democratic primary electorate.
[01:02:03] The one race where this was supposedly decisive, he was at 13% favorable, 7% unfavorable with a majority unfamiliar.
[01:02:09] So if the majority of voting public is unfamiliar with piker in third way, says it has no problem candidates appear on piker stream
[01:02:15] or using it as a platform to share their message when appropriate.
[01:02:17] What exactly is all the fuss about?
[01:02:19] As I said in June, I think we should read this as an effort to build an early litmus test for the 2028 presidential primary.
[01:02:23] That's precisely what it is.
[01:02:24] Instead nails it.
[01:02:26] less of an explicit effort to cancel piker and more of an attempt to create an
[01:02:30] environment so controversial around him that is stream and his ideas become a net
[01:02:34] negative for progressive candidates the goal is to both limit pikers own reach
[01:02:37] and open up new lines of attack against his allies who are seeing right now they
[01:02:41] will be dog problem questions about associations they have with them think
[01:02:44] about it what's the one way to make sure candidly aOC keeps her distance
[01:02:48] from the biggest political streamer in the world make it a red line of the
[01:02:50] 2026 midterms when mostly only insiders are paying close attention
[01:02:56] What I'm hearing and then I guess this the rest of it is a flock cameras and stuff like that
[01:03:02] But yeah, that's precisely what they're trying to do. Um, ironically enough. I don't think it's going to work
[01:03:08] But we'll see
[01:03:16] Politico Dems push back on Sanders comments that a few one else I had to lose more than a dozen Democratic Party leaders and officials told
[01:03:23] political, they are steamed that in their words Sanders choose to reignite a deeply
[01:03:27] toxic fight over al-sayyad. The recently minted democratic nominee has been
[01:03:30] getting clobbered by GOP attack ads and democrats are still trying to man frayed
[01:03:33] relationship with Jewish and historically democratic leading groups in the
[01:03:36] state. Yeah, the only two named in this article making this complaint are an
[01:03:41] executive at Third Way which after the Michigan primary announced it would
[01:03:44] pivot to attacking al-sayyad and Gottheimer an ex-Third Way honorary
[01:03:47] chair who's led attacks on piker and anyone campaigning with them. A
[01:03:50] A third person says this, it's, it's really just Hillary Skelton in Michigan, the Democrats
[01:03:55] said, noting the moderate representative as Stevens ally has so far refused to endorse
[01:03:59] Elsa as Stevens herself endorsed Elsa after the primary call for the party to unify behind
[01:04:03] him.
[01:04:04] Bronco from Jacobin.
[01:04:08] By the way, reignite is a funny choice of word here because the fucking fever pitch
[01:04:12] never went away.
[01:04:14] The fever never went away.
[01:04:15] You guys kept it alive and now you're making it seem like when Bernie pushes
[01:04:18] back, when Bernie pushes back, when Bernie correctly calls out what the establishment
[01:04:23] Democrats have been doing non-fucking stop, all of a sudden they're like, whoa, whoa, whoa.
[01:04:28] Why are you fighting back? It's always the same. They can do whatever they want. They
[01:04:34] can complain. They can cry. They can constantly make a big fuss, even if it is disadvantageous
[01:04:42] for our candidate. I'm saying our candidate, the broad anti-Trump coalition, Abdul Al Sayed
[01:04:47] is our guy, right? If you don't want Trump, if you hate Trumpism, you have to go out and
[01:04:51] vote for Al Dahl said. You have leaned into the Republican attacks on purpose. But when
[01:04:59] we notice what you're doing and call it out all of a sudden, it's like, whoa, whoa, whoa.
[01:05:05] No, you're supposed to shut the fuck up and you're supposed to take it.
[01:05:09] You're supposed to shut up and take it. You're supposed to eat it.
[01:05:11] You're supposed to distance yourself from Hassan Piker. You're supposed to to maybe assassinate Hassan Piker
[01:05:18] You know kill him kill him on stage if you bring him out to Michigan
[01:05:21] You put a bullet in the back of his head then maybe at that point we'll say why didn't you do it sooner?
[01:05:25] But even then
[01:05:30] Even then you're supposed to shut the fuck up
[01:05:32] Several prominent Michigan Dems have explicitly said they want L side to lose to stop a progressive
[01:05:44] pro-Palestinian rise, while others are fundraising for his GOP opponents. So it's objectively true
[01:05:48] that some Dems want him to lose. Strikes me as they're just annoyed someone is pointing it out.
[01:05:55] Yeah, the DC Dem gripe seems to be the Sanders implying the Schumer at all want him to lose.
[01:06:00] He's on the record. We want to do the lose guys are low-profile anger Dems in Michigan
[01:06:04] Some of the saltiness here Dems who wanted Stevens to be the nominee assumed that APAC would help her and take some pressure off
[01:06:10] DSCC and SMP instead the Schumer groups are now helping outside and what gratitude is that getting from Sanders not endorsing this take
[01:06:17] Just laying out what it is for sure. That seems accurate
[01:06:20] There are clearly many centrist Dems who do not want L said to win though
[01:06:24] I'm still not sure I'd count gotheimer in third way as sincerely part of that group
[01:06:30] Oh, sorry, do want, I'll just say the win, not do not.
[01:06:33] Yeah.
[01:06:35] But that's what Sanders said as well.
[01:06:38] It's ironic that these guys are mad.
[01:06:40] It's ironic that these centrist Democrats apparently are very mad.
[01:06:43] They're saying, Bernie, how dare you?
[01:06:45] Bernie, how dare you say this thing, right?
[01:06:49] And that's interesting.
[01:06:51] Why is that interesting?
[01:06:52] Because Bernie Sanders, when asked that question on the political interview, said what?
[01:06:58] What did Bernie say?
[01:06:59] He said, no, many Democrats are on board.
[01:07:03] Many Democrats want to, I think the gifts are breaking the Chattorino.
[01:07:06] What the hell's going on?
[01:07:10] Bernard said, no, many Democrats actually want Abdul to win.
[01:07:15] The problem is there are still some who don't.
[01:07:20] He said there are a few who don't.
[01:07:22] That's what, that was what his language was around this, right?
[01:07:26] he didn't say uh... he didn't say all of the democrats one of dual to all the
[01:07:31] exception of a guy's all of the losing and say that at all
[01:07:36] he simply said
[01:07:39] or a few
[01:07:40] but even that
[01:07:42] it seems was a bridge too far
[01:07:45] interesting
[01:07:56] Yeah. But yeah, as far as like Michigan Democrats goes, yes, they are very open about wanting
[01:08:10] them to lose, uh, wanting Abdul to lose. There are definitely Michigan Democrats who straight
[01:08:16] up have been a burden. Some of them have taken at least, uh, concessions from Abdul
[01:08:25] statements that Abdul is made in their direction as sufficient concessions, you know, apologies
[01:08:35] and the like, and some of them have not. Those who have not, who are still maintaining this
[01:08:44] position, those who are still presenting hurdles in front of Abdul to make it seem
[01:08:51] like the Democrats are not united. It's pretty obvious they don't fucking want him to win.
[01:08:57] Put on clavicular, what? Clavicular, yo. Clavicular gifted, 20 tier 1 gifted subs. What the fuck
[01:09:07] is going on? Is that actually clavicular? Kenner wrote scholar or arguably consultant,
[01:09:16] please justify genocide to me. I'm a Democrat. I hate human rights. Yeah.
[01:09:20] Christopher Rixman says box just put the whole fucking game in writing.
[01:09:24] Democratic moderates are deliberately trying to make a Sampiger politically toxic
[01:09:27] in order to open up new lines of attack against his allies.
[01:09:30] One of those allies, Abdul, I'll say it, Abdul campaigns with Piger was the
[01:09:32] primary that comes to pressure, condemn him, disavow him, distance yourself,
[01:09:35] promise not to campaign with them again.
[01:09:36] Optal backs away and suddenly everyone says, see Hassan was a liability.
[01:09:40] Schumer can endorse Abdul while the moderate wing works to discipline
[01:09:43] the insurgent coalition around him. They lost the primary.
[01:09:46] so they moved to fight the people around him
[01:09:53] billy five skin says it won't work because of what those democrats consider
[01:09:56] toxic is broadly popular amongst the electorate and is in it will just blow
[01:10:00] back on them
[01:10:02] uh... chris rick's mineral uh... responses i think you're right i think
[01:10:05] there's something deeper underneath it a lot of the people financing democratic
[01:10:07] politics are perfectly comfortable republicans as long as their money
[01:10:10] taxes regulation of foreign policy priorities are protected
[01:10:13] What makes what actually scares them is an insurgent Democrat who stands threatening to those interests from inside the party.
[01:10:18] So the center can scream about electability all day, but sometimes a real preference looks a lot more like a better, better Republican we can live with than a Democrat.
[01:10:26] We can't control. That's the part. That's the part worth watching. That's exactly what it is. And an allegiance to someone like myself and an allegiance to someone like myself basically plays that role.
[01:10:38] Okay? That's the thing. The reason why they want to, they want to chop my legs off is
[01:10:47] precisely for that reason. Because what we offer candidates is credibility, right? Because
[01:10:54] I'm not going to work with a candidate that I don't trust. I'm not going to work with
[01:10:58] a candidate that I oppose. I'm not going to work with a candidate that I despise,
[01:11:03] especially when it comes to certain issues like fighting for Medicare for all, and demanding
[01:11:10] an embargo on Israel, you know, fighting to change America's relationship with Israel.
[01:11:15] Like these are the types of issues that I have perhaps the most credibility on, right?
[01:11:21] Like they're not, I don't have as much credibility, let's say, on the issue of like Nimbism or
[01:11:28] or YIMBYism, or housing affordability, even though those are values that I have, I fight
[01:11:34] for public housing as well. But I don't have the same level of credibility on that front,
[01:11:42] right? But on the issue of anti-imperialism, on the issue of ending America's ceaseless
[01:11:48] military ambitions for profit and plunder, there is a lot of credibility in this space
[01:11:54] that I can offer to candidates, which is precisely the reason why they want to make that worldview
[01:11:59] as toxic as possible to other Democrats to fear monger, to fear monger against Democrats
[01:12:08] coming anywhere near me, to ensure that they do not, to ensure that they shy away and
[01:12:22] therefore hurt their own personal doing. Yeah, I know I fucked it up to ensure that they also hurt their own personal chances as well,
[01:12:29] because like, obviously, if this wasn't a large enough space, if this wasn't a significant space, if there, if there wasn't a, if there wasn't viability in our movement,
[01:12:43] they wouldn't be talking about me. They would not talk about me at all. They would talk about other things, right?
[01:12:48] It is because we are successful at, you know, offering serious credibility and offering serious
[01:13:00] aid to campaigns that are just launching, insurgency campaigns that are launching that
[01:13:06] normally would never get a serious look from mainstream media.
[01:13:13] That is the reason why they want to tackle this issue.
[01:13:17] They want to get ahead of it.
[01:13:18] I'm going to 10 minutes, 5 minutes on twix speed, edit of your highlights yesterday because
[01:13:23] you really ate on these points you're making right now.
[01:13:25] Yeah.
[01:13:26] Here is this also bringing a media analysis to the conversation as well.
[01:13:33] Here it is.
[01:13:34] Why the mainstream media fears this on partner.
[01:13:35] A more power and that's become more uncomfortable.
[01:13:37] Man has gained more power and that's become more uncomfortable is that his views are not
[01:13:42] not just represented by, I think, a slew of young people or whatever, but a growing public
[01:13:47] opinion shift broadly that I think has aligned him with these rising progressives, aligned
[01:13:52] them to raise money on his platform, and I think, most importantly, go around mainstream
[01:13:57] media to get their message out.
[01:14:00] And so that's what I think traditional media is really dealing with is not necessarily
[01:14:06] the primacy of Assam Piker, but Piker is representative of our diminishing narrative
[01:14:12] setting power overall. And so what I think this is the personal
[01:14:16] slight that a lot of media executives have beyond the
[01:14:19] ideological differences in opinion. Okay. There is obviously
[01:14:23] the ideological battle that's taking place. There are a lot
[01:14:26] of people who are older, a lot of people who are openly pro
[01:14:30] Israel and they are very frustrated by the fact that
[01:14:33] Americans are not anymore. They've like lost sight of how to
[01:14:36] control the public's attitude on this issue. But it's
[01:14:41] actually their recognition of their power slipping as parts of the established media apparatus
[01:14:51] that also is very frustrating for them. They'll have people on that are, you know, independent
[01:14:57] media personalities. They'll have people on that are TikTokers and stuff like that. But there is
[01:15:03] a line. Part of the reason why they have this level of enmity and how much mainstream outlets
[01:15:11] have been willing to play ball with this Republican attack is not just because of the factional
[01:15:17] battle and the role that they play in the factional battle against the left flank and
[01:15:21] against socialists in the Democratic Party, but it's also because they, as the former
[01:15:27] gatekeepers of who gets access, who gets to present themselves as a public, recognize
[01:15:32] that their power has slipped away, recognize that their credibility has slipped away,
[01:15:36] there is this personal animus that's driving their their ambitions here as well as that is completely
[01:15:43] right. Some folks who are traditional journalists are struggling with is who are they if they aren't
[01:15:49] telling people what to think right? There's so many people I think are political reporters who
[01:15:55] thought that their role in the world was to call balls and strikes between two parties
[01:16:00] and nobody's listening to that anymore. And so I think if that is your function, if that
[01:16:07] institutionally has been your political or poor function, then yeah, you're in the wilderness right
[01:16:11] now, because that's not where I think people are. I don't think that's where credibility is
[01:16:16] derived. I don't think folks believe media as objective ball strikes callers of two parties anymore.
[01:16:23] Yeah. So that's where a big part of this comes from. Now, of course, we are going to read
[01:16:29] this article that came out of New York magazine about Nira Tandon, but many people are panning it
[01:16:37] obviously. Many people are very critical of it because Nate Weisberg, let's be real, did
[01:16:41] favorable coverage here for Nira. I think it was a lot more favorable than Nira's position
[01:16:46] than she deserves.
[01:16:53] Estette's coverage of you a few months ago is finally what got my best friend who doesn't
[01:16:56] typically discuss pots to ask me about you and why the Dems were so annoyed by you as a
[01:16:59] a fantastic moment for me, lol. Hell yeah. Yeah, beer is Zandan. Uh, you know, beer, beer,
[01:17:06] a tandem smear a tandem, whatever you want to call her. Um, was, was written about 80
[01:17:12] 20 and lockstep with the base. Luke Thomas, the fence, Dr. Abdul says position regarding
[01:17:18] Israel's being in lockstep with the dem voting base during his appearance on CNN as the
[01:17:21] group chat. There's a lot of focus on this guy and his ideas are, uh, not in
[01:17:25] in any way, in contravention to the voting base, and it doesn't feel like the story ever
[01:17:29] seems to cover that fact, oh hell yeah, Luke Thomas went on CNN.
[01:17:33] My comments have been misconstrued to be justifying something I did not justify enough, right?
[01:17:38] To anybody who feels like my comments might have been perfect, why do we start without
[01:17:42] my attention?
[01:17:43] We condemned that terrorist attack, we condemned it outright.
[01:17:46] What I'm trying to do is offer context for why it happened, it wasn't the time
[01:17:49] for context, we don't ever want to trip to somebody's pain.
[01:17:52] Okay, the group chat is back. This was a just straight apology. This was that I'm sorry some people may have felt hurt. This was I made a mistake. I shouldn't have said something to minimize this. I am sorry.
[01:18:03] He didn't minimize it.
[01:18:04] I do think it's fascinating.
[01:18:05] He did not minimize it. This is the other side of the story is that like, even if they can't, God, I don't like it. I don't like that like, mainstream media will oftentimes offer un-nuanced coverage.
[01:18:21] For example, there are some in mainstream outlets that feel that Abdul's distancing of of me is insufficient
[01:18:29] Because they're not wrong. I mean, it's not like a full blown. I disavow son. I distance myself from a son
[01:18:34] He's really fucked up or anything
[01:18:36] Right, so they look at that and they go. Oh, that's insufficient. He's not like killing Hassan piker, right?
[01:18:41] He's all those position has been the same since the primaries, which is I'm not playing this cancel culture game
[01:18:47] I'm not playing this gotcha game and I I this campaign has never been about Hassan piker
[01:18:52] So it's ridiculous that you know people are trying to make it out to be a campaign about Hassan piker
[01:18:57] It's not and he's right. He has said that since April by the way
[01:19:01] He said that since April
[01:19:05] Which is why it's it's it's ridiculous, but when they don't get exactly what they wanted out of it
[01:19:11] They'll just move on and say no he's a
[01:19:13] He hates a Somp Liker. He hates, uh, he's distanced himself. And, and the same thing happened is the same thing is happening here as well, where the media is now saying, oh, like he minimized the attacks.
[01:19:27] He did not minimize the attacks at all. He did not do that. It's unfair to say that he minimized the, the synagogue attack. It's bullshit.
[01:19:38] he never did. They reduced his four-minute commentary on this issue, which was very thoughtful
[01:19:47] and very nuanced into just him saying, hurt people, hurt people. Now, the overwhelming majority
[01:19:53] of people that will reflect on this incident will look back and say, yeah, remember when
[01:19:58] Abdul said hurt people hurt people after the synagogue attack? It's fucking ridiculous.
[01:20:02] It's totally ridiculous.
[01:20:07] Luke Thomas made a video about you.
[01:20:08] You both align on certain issues.
[01:20:09] He's a left-wing MMA guy.
[01:20:10] He was a former political speech reader.
[01:20:12] Yeah, I didn't get to watch it, but it was a couple of days ago.
[01:20:16] I think that Michigan was this thing that Democrats thought they could kind of sweep
[01:20:21] under the rug after the Kamala Harris race.
[01:20:24] It was like, those issues are fine, and it's come back to bite them in a major
[01:20:28] way.
[01:20:29] We are still talking about Michigan.
[01:20:30] We're still talking about anti-Semitism in October 7th and all of these things.
[01:20:38] Perhaps I have a bit of a different perspective on this one.
[01:20:40] I mean, I take his apology sincerely.
[01:20:42] Maybe there's some different views on the panel here and that's totally okay.
[01:20:45] But what I'm just trying to understand is I look this up.
[01:20:48] To the, how has Abdul al-Sayed, how does he pull with Jewish voters in Michigan?
[01:20:52] How does he perform with them?
[01:20:53] To my knowledge, there isn't really any robust data about that.
[01:20:56] More to the point, if you just look at his views more generally, yes, maybe
[01:20:59] some political fence mending is in order. But according to the Democratic voting base,
[01:21:04] his views are in lockstep with them. It's an 80-20 issue about reigning in the government
[01:21:09] of Israel. So I can understand.
[01:21:10] Yeah. And it's also like a, like a 70-30 issue for independence as well.
[01:21:14] Why this particular issue?
[01:21:15] And it's increasingly becoming a more popular majority position even in the Republican
[01:21:19] base. So like the idea that Abdul is the moderate on what he says about Israel
[01:21:25] is ridiculous. Anyone who suggests that Abdul needs to actually take a very different position
[01:21:35] on Israel is actually advocating for him to lose the race. Anyone who suggests that Abdul
[01:21:41] needs to take a very different position on Medicare for all is actually demanding he
[01:21:45] lose the race. It's fucking stupid. It's insincere. You will lose your credibility.
[01:21:51] you will lose the people who are, you know, fighting for you.
[01:21:56] And also you would be doing this specifically for what purpose?
[01:22:01] To take on a, a less popular position.
[01:22:04] It doesn't make any sense.
[01:22:08] It was certainly a hot button one.
[01:22:09] Again, I take his apology sincerely and we'll see how the rest of the mission
[01:22:12] can voters do, but I just want to be very clear about this.
[01:22:14] There's a lot of focus on this guy and his ideas that are not in, in any
[01:22:18] way in contravention to the voting base and it doesn't feel like the story ever seems to
[01:22:22] cover that fact.
[01:22:24] Great take by Luke Thomas, by the way. Brilliant take. It's also a pretty basic take overall.
[01:22:31] It's just like wild to me that, you know, it comes across refreshing because of, not
[01:22:38] because it's like, it requires some other being astute observer, which Luke is, okay?
[01:22:43] It's because mainstream media rarely, rarely ever brings on people who will say the truth like this.
[01:22:54] It's very frustrating. Anyway, so let's get the beer tanned in before we do this though.
[01:23:03] There was a Jacobin article from Bronco Marcetic. Tweets are not by any means a scientific
[01:23:09] measure of someone's thoughts or public utterances, but these numbers do give us a sense
[01:23:13] of some centrist democrats overwhelming public fixation on piker this is the new jacob and
[01:23:18] mag article that came out centrist democrats are trying to throw the michigan race i'll
[01:23:24] do i'll say a senate race could decide to throw the chamber we um you know he i think this is a
[01:23:30] second article on the issue um the first article was centrist democrats want uh the left to lose
[01:23:37] more than they want the anti-Trump movement to win.
[01:23:45] Something along those lines was this initial article.
[01:23:49] This is in line with that.
[01:23:53] This article is blasting on Facebook, by the way, Marchetic.
[01:23:58] Is that how you say it?
[01:23:59] Marchetic.
[01:24:00] Franco Marchetic.
[01:24:01] All right.
[01:24:02] Anyway.
[01:24:03] But these are two dual articles.
[01:24:06] We're going to be talking about Nira Tanden again today. I'm sorry for everyone who is
[01:24:10] a Bira Tanden enjoyer, a Smyra Tanden enjoyer. But we'll cover this briefly here. The establishment
[01:24:20] strikes back, Nira Tanden returned to cap to fight Trump. This is a short piece from
[01:24:24] the New York Magazine. I'm featured in this piece as well. Nira Tanden returned to
[01:24:32] Center for American Progress to fight Trump. She spent much of her time fighting her
[01:24:35] left-rank instead. In August, Donald Trump threatened the Center for American Progress with a $5 billion
[01:24:40] defamation suit over a report that concluded his deployments of the National Guards to cities
[01:24:44] across the country had made no difference on violent crime. This is some of the good stuff
[01:24:48] that Center for American Progress still does, for the record. Trump mocked C.A.P. as the Center
[01:24:54] for American Lack of Progress and accused, got him, and accused, he still got it,
[01:24:59] accused the Democratic Party's unofficial think tank of publishing a fraudulent report.
[01:25:03] near attendant, beer attendant, the organization's CEO and president was appropriately defiant.
[01:25:07] There was no second in which I thought or my board thought or any of my executive leaders thought
[01:25:12] that we wanted to retract and told me as a factual report. But she also had another political
[01:25:16] adversary on her mind, Hassan Piker, the controversial bullet massively popular socialist
[01:25:21] wish rumors association with Abdul Al Sayed, the progress of Democratic Senate nominee Michigan
[01:25:24] has become a major distraction on the campaign trail. As one Twitter user pointed out to
[01:25:28] tainted last month. You have mentioned to Sompiker 13 times in the last 48 hours, by the way.
[01:25:34] This was not unusual since returning to cap after four years in the Biden White House.
[01:25:39] Beera smearabtandid has reemerged as one of Democrat center's most enthusiastic
[01:25:44] combatants against Trump and Maggie. Yes, but also and perhaps primarily against the
[01:25:49] progressive left, the Democratic Socialists of America, Piker and random accounts with only
[01:25:53] a few followers. Her pugilistic instinct has cost her before in 2021. Ironically,
[01:25:58] In 2021 years after years of mean tweets about Republicans helped derail Biden's nomination of Tandon to run the office of
[01:26:06] management and budget
[01:26:08] House beer attendant. Yeah, house bar attendant
[01:26:16] She was named director the domestic policy council a job that didn't require Senate confirmation for very different reasons both Trump and much of the
[01:26:22] Left regard Tandon as representative of a liberal Washington elite that ought to be overthrown
[01:26:26] Meera came back to cap to make sure that cap was a major player in the generational battle to build a big democratic majority against the far
[01:26:32] Right Jonathan Cowan said huh interesting the president of the centrist democratic group third way
[01:26:37] Which recently announced the 15 million dollar effort to counter the rise of the right the essay told me
[01:26:42] That's precisely what she's done
[01:26:44] She'd been a fearless fighter in that mission fucking bullshit again demons all of them third way is a demonic
[01:26:52] Is your goal to get a job as a news reporter?
[01:26:55] This is better than the news. What has led you to believe that I would ever want to do that as opposed to what I'm doing right now?
[01:27:06] Cap notably has not joined third ways campaign against the DSA Tandon recently argued on Tim Miller's bullwork podcast that Democrats should compete with
[01:27:13] Socialists on ideas rather than organize against them
[01:27:17] Something that she hasn't followed thrown on social media
[01:27:19] However, she is much less restrained in june when it emerged that dsa member in congressional candidate that a lisa of elisa
[01:27:25] Abela chevalier of new york had once posted disparaging remarks about kamala Harris tanda responded
[01:27:30] I am definitely sympathetic to the adventures of shit posters
[01:27:32] But someone's winning fuck Kamala Harris should simply be disqualified from winning a democratic primary
[01:27:36] We'll guess what sucks to suck be era because she did fucking win
[01:27:41] Run another party primary chevalier end up winning
[01:27:44] Uh, she should really end up winning one of the most shocking upsets of the primary season
[01:27:48] Romain manual deformer Chicago mayor and obama chief of staff told me he suspects tanden feist dsa for much the same reason
[01:27:54] He does there's a progressive wing and a pragmatic wing of our party
[01:27:57] Those factions can have legitimate policy fights. He said but the dsa is a separate party with a separate platform
[01:28:02] Near often goes after the hard left online
[01:28:05] But that seems personal not institutional one democratic strategist told me
[01:28:08] I have this gut feeling that she's much further out than her institution cap itself is timid and mostly awal
[01:28:13] in the fight against the left. Tandon would are... see, by the way, this is the reason why this reads
[01:28:19] as a critique, but it's actually not. Okay, it reads as a critique, but this article is unbelievably
[01:28:27] favorable to Nira. And one, I'm sorry, but it's a little too forgiving of Nira's activities.
[01:28:38] two, doesn't address the elephant in the room who is funding the Center for
[01:28:44] American Progress, who is demanding that Nira do this, and perhaps the the worst
[01:28:50] element of what Nira Tandon did was she restructured the board of executives at
[01:28:54] the Center for American Progress. This is two-inside baseball for Washington DC
[01:28:58] insider think tanks for many of you to understand, but one of the things that
[01:29:01] she did, but she brought Anthony Blinken to the board of Santa for American
[01:29:08] Progress. Adam Johnson also saw the same thing that I saw. Clearly, this is
[01:29:12] clearly a white-wash job for Nira, but what's most egregious is it makes no
[01:29:16] interrogation as to who is funding CAP. Everything is reduced to personality
[01:29:20] disputes and good faith disagreements. CAP hides their donors, shouldn't
[01:29:23] this have been asked about, mentioned at all. Nira is simply an organ of a
[01:29:28] brought is Nira is simply an organ of broader forces seeking to maintain ideological control over
[01:29:32] the party. Shouldn't a writer addressing such matters at least broach the subject of funding?
[01:29:36] Shouldn't they address her support for genocide in Gaza, her hiring of its architects under Biden?
[01:29:42] For years Cap took money from Gulf dictatorships and major pro-Israel donors. Is this still the
[01:29:47] case since Tandon shut down any disclosure of their donors? Isn't this more relevant info than
[01:29:52] vague concepts like the establishment? What are the forces funding her left punching?
[01:29:58] Yeah, best part is when the piece attempts to frame CAP as not in the pocket of corporate
[01:30:05] America by citing their support for a voluntary program in which grocers who restrain price
[01:30:10] increases on staple foods would get temporary relief from credit card swipe fees, I actually
[01:30:14] lulled.
[01:30:16] Nate says they stopped disclosing their donors to author of the article.
[01:30:23] Nate Weisberg says they stopped disclosing their donors when Nira returned to CAP because
[01:30:27] Trump's threats of retribution. Hard to argue with that given he just went after them for a factual
[01:30:31] report. Nate, this is the excuse every dark money group uses. Did you stop to question it? If it
[01:30:36] was plausible, the most powerful man on earth could not if he wanted to find out the donors to
[01:30:41] cap. Does this excuse justify zero transparency from just an influential group? Jeremy Fassler
[01:30:52] also is here defending near attendance on her, says she's great and she's never done anything to
[01:30:57] deserve the hate other than support policies that people further to her left don't like.
[01:31:04] She is not great. She's a tedious hack that constantly smears progressives with bad faith
[01:31:08] attacks, constantly boosts white nationals to do so and in total opposition to 75 plus percent
[01:31:14] of her party supports the continued arming of Israel as it exterminates Palestinians en masse.
[01:31:19] That's not the person I know.
[01:31:30] Yeah, no, she's a small bean moderate. She's a small bean moderate and not a gross hack
[01:31:39] whose primary purpose is to apply hatchet jobs to the left flank that actually represents a
[01:31:45] significant threat to her corporate donors and also foreign dictatorships that fund Center
[01:31:52] for American Progress, including but not limited to the apartheid state that she very vociferously
[01:31:57] He defends.
[01:32:22] The comments are much more sensorious and one literally lists the members of the board.
[01:32:25] You can learn a lot about an organization's priorities and goals by looking at their
[01:32:28] board of directors.
[01:32:29] Here's Caps.
[01:32:30] Anthony J. Blinken, Cooley and Castro, Steve Dates, Blair Efron, Jane Hartley, Andrew
[01:32:35] Hulpmann, Molly McUsage, Kristen Munkford, John Podesta, Donald Sussman, Hans Jörg Wies.
[01:32:43] Some of those names aren't even that bad.
[01:32:46] Some of those names are there to boost their credibility as a progressive force,
[01:32:49] by the way, like Cooley and Castro, for example.
[01:32:55] But then, but then some of them are irredeemable.
[01:33:01] They're architects of genocide in Gaza.
[01:33:07] Anthony Blinken being one of them.
[01:33:08] Neera Tanden personally brought her on board, you know?
[01:33:11] It's fucking, it's insane that this is not being called into question, right?
[01:33:20] Tanden would agree with that distinction.
[01:33:21] She says this is to me that her post-representer on politics, not cap.
[01:33:23] None of my tweets about cap.
[01:33:24] unless I say it is a cap report, she said.
[01:33:26] My views on the Democratic Party are personal to me.
[01:33:28] The difficulty with that is obvious.
[01:33:29] Tandon is not merely an employee of Cap.
[01:33:30] In many of the fights she picks are about precisely
[01:33:32] the ideological disagreements.
[01:33:34] The institution is supposed to help Democrats resolve.
[01:33:36] Piker, one of her most frequent targets,
[01:33:38] sees little distinction between the personal feud
[01:33:39] and the larger political fight.
[01:33:41] I think Neera Tandon is a mercenary,
[01:33:43] and I don't think she's genuinely a progressive force,
[01:33:44] he told me.
[01:33:45] I think she's causing tremendous harm
[01:33:47] to a big coalition that we have to build
[01:33:49] to fight back against Trumpism in this country,
[01:33:51] to fight back against the Republican Party,
[01:33:53] broadly in this country.
[01:33:54] The feeling is certainly mutual.
[01:33:56] Tandis' taste for conflict is a way of making her into a political pinata, constantly whacked
[01:34:00] from all sides who treat her as a symbol for a party's establishment.
[01:34:02] But the more interesting thing about her return to cap is that she's trying to work out both
[01:34:05] in her personal capacity as the leader of an organization, what should replace the
[01:34:09] version of the Democratic Party that lost to Trump.
[01:34:12] And if her answer threatens both Magorite and the socialist left, it may be because
[01:34:15] she's proposing a compelling vision of a vital center.
[01:34:18] No, she's not.
[01:34:20] She's not.
[01:34:21] She says she wants to create a compelling vision of a vital center.
[01:34:25] She has yet to do so.
[01:34:27] This is the problem.
[01:34:28] Also, this is not the Center for American Centrism.
[01:34:31] It's called the Center for American Progress.
[01:34:35] A party that's sharply progressive on economics yet moderate on issues where Republicans have
[01:34:42] held an advantage.
[01:34:43] Really?
[01:34:44] Like, for example, do the Republicans hold an advantage on war right now?
[01:34:48] Do they hold an advantage on Israel right now?
[01:34:50] No, they don't. So why the fuck is near attendant constantly opposing anti Zionist to her left flank?
[01:35:00] Like crime and immigration she urges acceptance of the populist left's premise that the country's badly broken while rejecting
[01:35:05] his claim to the sole knowledge of working class voters actually want the argument matters partly
[01:35:09] This cap, which is an annual revenue of roughly 50 million 220 employees
[01:35:12] is that wants to center left think tank and
[01:35:15] A kind of government in exile is a place where democratic policies are developed in future campaigns and administrative
[01:35:19] administers or staff. Tandon's arguments matters too, because the center-left's ostensible
[01:35:24] champions elected officials like Hakeem Jeffries and Chuck Schumer seem incapable of matching the
[01:35:27] bigger impassion of the left, particularly in online trenches where these battles often
[01:35:31] play out. How are Wolfson, a veteran Democratic strategist and friend of Tandon's? Caesar combatedness
[01:35:35] is an answer to that problem. Nier gives lie to the notion that the center-left is
[01:35:39] incapable of fighting hard and effectively told me Nier is absolutely fearless. No, she is
[01:35:45] Unserious a drunkard none of this actually reads well to the actual party's base
[01:35:52] But it doesn't matter because Democratic Party politics and Republican Party politics is oftentimes
[01:35:59] Undemocratic so it doesn't even fucking matter
[01:36:01] She is a servant of capital and she is
[01:36:05] Performing for her masters and her real masters are not the people. That's the biggest difference
[01:36:11] We are servants of the people. They are servants of capital. It's very fucking clear
[01:36:16] And that's why their entire output is not seen as the the
[01:36:21] Unserious
[01:36:22] posturing from a drunken blowhard and instead seen as really sticking it to those nasty little socialists
[01:36:35] That's it
[01:36:37] Tandency is much of the hostility directed towards her as the resident of the Bernie
[01:36:43] Sanders Hillary Clinton intro party war that erupted in 2015 that never really ended.
[01:36:47] Wajahat Ali, a former researcher for CAP, she told me she believes the center and left
[01:36:54] can can and must unite against to defeat Trump and Trumpism.
[01:36:56] Okay.
[01:36:57] Well, then shut the fuck up.
[01:36:59] Okay.
[01:37:00] Here's a real simple way for that to happen.
[01:37:02] Shut the fuck up.
[01:37:05] fucking tweeting and put out good reports, like the Center for American Progress latest
[01:37:09] report on how Trump's National Guard deployment actually didn't do anything to solve crime
[01:37:14] in DC.
[01:37:15] That was good.
[01:37:16] I would never in a million years complain about the Center for American Progress if
[01:37:19] that's all they did, okay?
[01:37:22] Shut the fuck up about the left, lock the fuck in, and fight back against Trump as
[01:37:27] a country, and then maybe we can unite.
[01:37:30] Here's the problem.
[01:37:32] Here's the problem.
[01:37:33] guys do not recognize that we are being pragmatic on the left. We are the ones who are being
[01:37:41] pragmatic on the left. Have you ever heard me complain about Hailey Stevens? Hailey
[01:37:46] Stevens' entire output was propped up by APEC. Do you see me complaining about Hailey
[01:37:51] Stevens stumping for obstacle? I'm like, no, I welcome it. I love it. She's growing
[01:37:55] on me. She's great. Israel comes to be in my dreams, too. Maybe not for the
[01:37:58] same reasons as Haley, but it doesn't matter, right? So we are fine on the left with allegiances
[01:38:09] and coalition building, they are not. They are not. They wanna rid us of this coalition.
[01:38:16] They want to remove us from this coalition. They want to take ownership over the momentum
[01:38:22] that's being built and they want the left to shut the fuck up more than we already have.
[01:38:35] It's bullshit.
[01:38:37] They are the ones who are in opposition of building a bigger tent.
[01:38:41] They are the ones who would rather lose than to win with the left.
[01:38:45] To give any concessions to the left is unacceptable.
[01:38:57] Mallory McMorro compared me to Nick Fuentes.
[01:39:00] Apologize later for the comparison or said that was a not an apt comparison.
[01:39:04] Doesn't matter.
[01:39:05] That's a heinous comparison.
[01:39:07] It's defamatory.
[01:39:10] I will never complain about Mallory McMorro.
[01:39:13] Stomping for Abdul.
[01:39:14] Wajahat Ali, a former research for CAP and one of Tandon's fiercest left-wing critics
[01:39:20] online sees Tandon as more of a divider than a uniter.
[01:39:24] Ali was the lead author of Fear, Inc.
[01:39:26] CAP's influential 2011 report tracing the network of organizations and donors behind
[01:39:30] anti-Muslim politics in America.
[01:39:32] In August, he was horrified to see Tandon retweeted a post from the far-right activist
[01:39:38] Laura Loomer about Piker invoking Takia, a term commonly deployed by Islamophobes
[01:39:42] suggest the Muslims are religiously permitted to deceive non-Muslims. If she had read our
[01:39:46] report, she would know how Republicans have weaponized the word to key against Muslims.
[01:39:50] Ali told me as the head of cap, she is the voice of the democratic establishment. So
[01:39:53] when near attendant tweets is not just near attended, it has the imprimatur, the stamp
[01:39:58] of approval of the democratic establishment, whether that's fair or not. Then it conceded
[01:40:02] the retweet was a mistake.
[01:40:04] She also doubled down on it on numerous occasions. So it's fucking bullshit.
[01:40:10] She told me she had not known what to Qiyamah, deleted the post after learning and pointed
[01:40:13] to her work combating Islamophobia in the Biden White House, fucking bullshit.
[01:40:17] She never actually conceded that it was a mistake.
[01:40:19] She doubled down and kept repeatedly attacking Wajahat and everybody else.
[01:40:23] Okay?
[01:40:25] She's also retweeted Nick Fuente.
[01:40:27] She's retweeted numerous white nationals and white supremacists.
[01:40:30] She does it all the fucking time because she doesn't care.
[01:40:38] She deleted her quote retweet saying, I agree with Laura Loomer on this.
[01:40:44] She kept the tweet up though.
[01:40:46] She kept the retweet up.
[01:40:55] Have you seen an increase in views since the news can't keep your name out of their
[01:40:59] mouth?
[01:41:00] Yes, on YouTube though, not on Twitch because most boomers that watch me don't know how
[01:41:05] to even find my Twitch stream, but they're, they're capable of at least like, um, arriving
[01:41:11] at my YouTube channel.
[01:41:13] Well, for 10 days, critics on the left, the incident added to a well-thumbed file accusations
[01:41:19] of the organization's softener suppressed research that created problems with donors,
[01:41:22] bitter arguments over Israel and Saudi Arabia in a disputed 2007 altercation with Fais
[01:41:26] Shaker, the then editor of CAPS influential progressive news site, think progress and
[01:41:30] later Bernie Sanders 2020 campaign manager, an unnamed witness alleged to the New
[01:41:34] New York Times in 2019, that Tandon had hit shocker in the chest 12 years earlier after
[01:41:38] he pressed Hillary Clinton on her support for the Iraq war.
[01:41:41] Tandon, who was five one, told me she poke shocker a former college basketball player.
[01:41:45] Like even this is unbelievably favorable.
[01:41:47] Like, Oh, she's a tiny little small being near a tandem.
[01:41:52] The tiny little small being, uh, couldn't possibly like physically assault the big
[01:41:58] scary face shocker who's a college basketball player.
[01:42:06] After he violated their agreement about what he would ask the candidate for whom Tandon
[01:42:09] was then working, shocker did not respond to my repress for comment. And then there's
[01:42:11] Ryan Grimm, the co-founder of Dropsite News and a long time reporter on the left who's
[01:42:15] feud with Tandon has now survived several presidential administrations. I think she's
[01:42:18] destructive to the cause she came to represent. Grimm told me when I asked if she had ever
[01:42:22] been a source for him, you responded, yeah, a lot of times. I actually like her personally.
[01:42:27] does who spent six years working on foreign policy cap. You know what's really funny?
[01:42:32] Every centrist dipshit that works for other centrist think tanks,
[01:42:36] and every centrist pundit is like, oh, Nira's great. She's really sticking it to him.
[01:42:42] And everyone that she has worked with is like, they, she physically assaulted me at times,
[01:42:47] according to other eyewitnesses. She's a demon. She's horrible at her fucking job.
[01:42:53] Like, I think that's probably a lot more illustrative and a lot more descriptive of near
[01:42:59] attendant. All of her former colleagues and former employees are like, she fucking sucks.
[01:43:11] Matt does, who spent six years working on foreign policy at CAP before becoming Sanders' foreign
[01:43:15] policy advisor. He said, well, CAP has produced some good important work over the years. It's
[01:43:18] still an instrument of the Democratic Party establishment. He described Tandon as a
[01:43:22] representative of his corporate conservative wing and argued that the organization has
[01:43:24] generally followed ideological changes in the democratic party rather than leading them,
[01:43:27] especially when it comes to foreign policy. A lot nicer than what Meg does is all about
[01:43:32] near attended on the timeline. Let's be real. The history makes it easy to cast
[01:43:39] tandem as democratic assumptions and force are more interested in discipline in the
[01:43:42] party's left flank than in considering the failures of the center. What's missing
[01:43:45] from the picture is how progressive cap has become mad and glaciers. Oh,
[01:43:52] Matt Iglesias, the center sub-stacker and former Think Progress blogger points to the disjunction
[01:43:59] between Tana's reputation and Caps' work.
[01:44:01] Most people evaluate Nia on the base of her Twitter persona, he told me, but if you ignore
[01:44:04] the feed and simply read the organization's output, you would think almost, well, this
[01:44:08] is the moderate wing of the Bernie Sanders movement, get the fuck out of here, Matt.
[01:44:11] Matt, please, I beg of you, have a good take, please.
[01:44:15] Have a good take, like your life depended on it, please.
[01:44:19] once in your life, have one good take. Okay? And my life is yours. Have one good take, Matt. Please.
[01:44:31] Impossible challenge. Impossible difficulty. Okay?
[01:44:34] Madaglaceous Eggman. One good take challenge. Impossible difficulty.
[01:44:41] Cap's policy positions bear that out among his proposes for addressing the affordability
[01:44:44] It's all fucking bullshit. Anyway caps
[01:44:47] Specialty has long been taking goals associated with the party's left like Medicare for all in Green New Deal and designing versions that can win politically
[01:44:53] Wow, really?
[01:44:55] Yeah, take these bold radical change agendas and moderate them you say hmm
[01:45:01] In 2005 John Podesta Bill Clinton's former chief of staff and the organization's founder and Gene Lambrou help
[01:45:07] Posse expert who would later serve in the Obama White House published a cap framework for
[01:45:11] near universal coverage that helps shape mass chooses pirate pioneering reforms
[01:45:15] and eventually the affordable care act
[01:45:20] lowering health insurance premiums by a thousand as cap estimates his recent
[01:45:24] patients bill of rights to lower health care cost proposal would do might
[01:45:28] strike ordinary people is considerably more transformation than winning an
[01:45:31] intra-party argument over Medicare for all tainan told me every step of the
[01:45:36] way, there are numerous moderate forces that are like, �Nope, we�re going to be another
[01:45:41] setback.� We are going to present another hurdle in front of progress.
[01:45:48] Dominique Michael Trippie says, Former U.S. Secretary Dan Driscoll reportedly met with
[01:45:52] Trump to inform him that Iran war was making it impossible to achieve foreign policy goals.
[01:45:56] Trump talks exclusively about his ballroom in response causing Driscoll to resign believing
[01:45:59] the admin was doomed. I don't know how serious this reporting is, but I'm, I'm choosing to
[01:46:10] believe it. How does he not realize this is just feeding into the trope? This has to be
[01:46:18] calculator, right? Vivek Ramaswamy says anti-Semitism is an attack on capitalism. Wait, what? No.
[01:46:26] Did he actually say that?
[01:46:31] Anyway, um, yeah, and then she says, uh, Democrats in the Biden White House did not issue, uh, did
[01:46:39] not, uh, do enough to combat immigration. Of course, another reactionary perspective that
[01:46:43] experience also informs our argument with the leftover working class. The voters, she thinks
[01:46:48] Democrats need to win back, uh, include people who voted for Trump repeatedly, but are economically
[01:46:52] populist, suspicious of the political system, and sometimes even Sanders-friendly. They are also,
[01:46:56] she argues, much more moderate on crime, immigration, and cultural issues that the activist left
[01:47:00] tends to assume. Yeah. The most sinister aspect of this is the fact that Democrats,
[01:47:12] supposedly moderate Democrats, who have trafficked in loke one agendas, perhaps are the most
[01:47:19] representative of the sinister nature of of cynically deploying identity
[01:47:24] politics against their left flank are now acting as though we have to moderate on
[01:47:28] these issues we don't have to moderate on these issues you guys are the woods
[01:47:33] who have actively tarnished the advocacy for these issues by presenting
[01:47:39] as something that simply NGOs care about okay and you've lost over and
[01:47:43] over again while doing so you've defeated the left flank insurgencies
[01:47:47] until now. But on top of that, you've also lost to the Republicans. Okay?
[01:47:56] Recent elections of primaries offer support like inclusion. Elsa narrowly won the Michigan
[01:48:00] Senate primary by running strongest and highly educated liberal areas. Well,
[01:48:03] the more moderate Haley Stevens did better in less educated counties
[01:48:05] and places with larger black populations.
[01:48:11] Meanwhile, Democrats trying to compete beyond the party's safest range on Oslo and Georgia,
[01:48:14] Roy Cooper in Carolina, James Tallarico, Texas, Mary Peltola in Alaska have tended to pair economic
[01:48:18] populism with more flexibility on the ideological tests that dominate activist politics. That's
[01:48:23] wrong about James Tallarico. James Tallarico is like, James Tallarico's output is more woke
[01:48:27] than Abdul El Sayed's output is ironically enough. It's kind of funny that they're
[01:48:32] saying that James Tallarico is running to the center on social issues. No, he's not actually.
[01:48:37] Talarico is definitely probably one of the more socially progressive, outwardly socially
[01:48:49] progressive candidates in this crop.
[01:48:54] Yeah, James God is non-binary, Talarico, get out of here.
[01:49:03] When DSA went seeds and blue seeds like Denver, I think this is actually a healthy party.
[01:49:06] Mira told me a coalition broad enough to include DSA victories and liberal enclaves and moderates winning elsewhere is in her phrase
[01:49:12] A big beautiful 10, but that doesn't mean that the 10 has no 10 polls a 10 poll the Democratic Party has been we oppose racism sex in
[01:49:18] Islamophobia and cynicism misogyny homophobia basically anytime your criticism people as a group based on who they are
[01:49:22] Yeah, except
[01:49:24] Except when you're you know attacking
[01:49:27] someone who does that
[01:49:28] By leaning into one of the most vicious attack dogs
[01:49:32] One of the most vile and racist attack dogs of the right
[01:49:37] Bucking Laura Loomer
[01:49:39] To to take care of a pesky perfidious Muslim to your left
[01:49:46] Fucking bullshit
[01:49:51] Yeah, she was attacking Mala saying Diana to get was progressive I know
[01:49:55] Hi, it remains to be seen whether she will be bringing these arguments to a democratic
[01:50:02] control White House. I don't know what I that I ever want to serve again, Tandon,
[01:50:06] say what I really would like to do is live in a country where I'm not worried about what
[01:50:08] the president has done when I wake up in the morning. I want this nightmare to be over.
[01:50:11] Oh my God, she's literally doing the back the brunch liberalism that carried Biden into
[01:50:16] a victory in 2020 that turned into a spectacular failure that delivered us Trump again in
[01:50:22] In 2024 fucking awesome for all the drama Tandon may have won over one small point since the primary
[01:50:27] I'll set has begun putting some distance between his campaign of biker
[01:50:30] He has stopped short of disavowing piker altogether, but the maneuver looks a lot like the one Tandon had been urging now
[01:50:35] Tandon wants obdolescent to assassinate me on stage
[01:50:39] Distancing from piker is actually helping him win the general election
[01:50:43] These people
[01:50:45] Do not
[01:50:47] care about anything
[01:50:49] But advancing a petty
[01:50:53] Factional battle
[01:50:58] Yeah, see heads heads you win
[01:51:02] Heads I win tails you lose. Okay heads. I win tails you lose that is the argument that they're presenting
[01:51:09] Obduous I had wins in the general which is you know what we are looking forward to and we're excited
[01:51:14] They say oh he won because he
[01:51:17] he distanced from Hassan, okay?
[01:51:21] Abdul, I'll say it. Lose in the primary.
[01:51:23] Hopefully, this will not happen, of course.
[01:51:25] Astaghfirullah.
[01:51:27] Then they say, oh, it's because Abdul didn't sufficiently distanced himself from Hassan, okay?
[01:51:33] In the general, sorry.
[01:51:35] They are operating with the same petty, narcissistic, modus operandi of a fucking
[01:51:46] Sex pest youtuber a sex pest slop tuber who only traffics and drama they are literally doing the exact same thing I
[01:51:56] Asked if she was advising outside. I'm now she said but maybe he sees my tweets. She he does not
[01:52:16] awesome
[01:52:23] anyway prominent centers democrats of two to the bus on piker versus g.o.p.
[01:52:27] opponents
[01:52:28] by a ratio of
[01:52:29] five to zero three to zero two to zero in four to one that last one is an
[01:52:33] extremely generous count of near tans activity on here since the august six
[01:52:36] primary
[01:52:37] just look at the ratio of tweets about piker compared to tweets
[01:52:40] about rogers from some democrats most hostile to the left for
[01:52:44] represented josh godheimer the center's democrat align with wall street on the
[01:52:47] group third way who following elsa's primary when launched a campaign
[01:52:50] explicitly about attacking him and progressive like him it's a five to zero
[01:52:53] ratio
[01:52:54] for hillary shulton
[01:52:55] the michigan democrat refusing to back piker
[01:52:57] after trying to refuse in the back piker refusing to back sayed
[01:53:06] even even branko wrote it wrong
[01:53:09] refusing to back say after trying to sink in with his accusations of massage
[01:53:12] in the primary institute is zero. For Brad Sherman co-chair of the congressional Israel
[01:53:15] allies caucus, it's three to zero. But none of them hold a candle to center for American progress
[01:53:20] president near attended. Who has notched up a four to one ratio of piker to Roger's tweets since
[01:53:27] the primary while also tweeting by far the most about him than any of these other figures bear
[01:53:32] in mind that this is a conservative count. It doesn't include any of Tandon's many replies
[01:53:35] to her own tweets and to others. Additionally, none of the tweets about Rogers are actually
[01:53:39] criticism of the candidate to our about how else it's defeated centers upon and
[01:53:42] pulled better against them while the other is an attack on the left it's crazy
[01:53:52] how many Facebook normies I'm seeing that defend you in the comments are outright
[01:53:55] want to know why they should care so many asked what office he's running for
[01:53:58] yeah
[01:54:02] Hillary Shulton tells Politico in new interview that a Sompiker is making a
[01:54:05] harder for Democrats to win a Sompiker is making a harder for Democrats to
[01:54:08] win, and there wouldn't be much to talk about. If everyone followed the example set by leaders
[01:54:12] Hakeem Jeffery, Senator Lisa Slotkin and prominent Democrats in Michigan and around the country
[01:54:16] who have made it clear that his rhetoric crosses a line.
[01:54:19] Yeah, this is an APAC boss call once again. She is the most like bought. She is the
[01:54:26] most bought Israel first pro-APAC candidate in the Democratic lineup in a sequence
[01:54:33] of in a sea of other servants as well.
[01:55:00] You are an Israel first.
[01:55:05] Pop it.
[01:55:10] Anne has recently come out as very anti-abolishized.
[01:55:12] She's so cool.
[01:55:13] We hate her here in the Grand Rapids area, I know.
[01:55:19] Yeah, you should.
[01:55:24] If Hillary Skolton loved her current partner, as much as she loved receiving money from
[01:55:29] Israel. She wouldn't be at the centerpiece of a controversy where she is allegedly having
[01:55:36] an affair with the current Republican candidate running for governor of Michigan, John James.
[01:55:42] Boom. You should focus more on saving your marriage. You should focus more on saving
[01:55:51] your marriage than lining up your pockets with blood money.
[01:56:00] Why would Hillary hate you so much as not let you stole her best friend's sentence seat?
[01:56:03] I mean that's part of it for sure but also the real, I think the real issue here is
[01:56:08] that she is allegedly sleeping with the enemy.
[01:56:18] really detail me the midterms are cooked. No, they're not very funny to paint groups
[01:56:27] like caps roll is pushing through the far left wing is of possible rather than taking
[01:56:32] progressive energy and ideas and channeling them into capital and military industrial
[01:56:35] complex friendly water down compromises. Boa Walmart and UAE aren't donating caps to
[01:56:40] cap to advanced progressivism. How dare you say that? How dare you say that, Adam? All right,
[01:56:48] we're moving on from this. One last story about this, by the way. Why is a presumed anti-hate
[01:56:53] organization like the ADL hosting professional bigots and hate-mongers like Musam Hassad
[01:56:58] and God Saad, Jonathan Greenblatter, the ADL has a lot of explaining to do, says Quincy Institute's
[01:57:03] Khaled El-Gindi. Yeah. This is son of Hamas saying there is no room for Islamic dominance
[01:57:11] in the U.S. Go back to the shitholes where you came from and reform your own countries. Right?
[01:57:17] Mehdi Hassan points out that he is speaking at the Jewish-American summit and getting applause
[01:57:22] for saying, I don't want Muslims in America. I'm trying to imagine a reaction from our
[01:57:25] media importers of a speaker at a Muslim-American summit said to loud applause, I don't want
[01:57:29] Jews in America. Okay?
[01:57:34] Matthew Al-San then follows that up by saying,
[01:57:36] Hi Jonathan Greenblatt, the ADL sponsor of the 2026 Jewish America Summit where a speaker said,
[01:57:40] I don't want Muslims in America. Get the fuck out of the United States.
[01:57:43] Go back to the shit house where you came from.
[01:57:46] The audience applauded. You agree with this rhetoric and speaker?
[01:57:52] The answer is yes, by the way.
[01:57:54] The answer is 100%. Yes, he does agree with that.
[01:57:56] That's why they're very excited about it.
[01:58:02] In any case, they are losing and they will continue to lose.
[01:58:06] Okay. And when I say they, I mean the Republican Party.
[01:58:10] I mean the centrist Democrats.
[01:58:12] I mean the Israel firsters on both sides of the political aisle.
[01:58:17] They are losing. They're losing their grip.
[01:58:19] They're losing their influence.
[01:58:21] And it's becoming increasingly more difficult to openly defend Israel.
[01:58:25] That's part of the reason why they're attacking its prominent critics over and over again to move the conversation away from the crimes of Israel and back to the people who are highlighting those crimes.
[01:58:36] Here is Bulwark talking about how Tim Miller, talking about how he got negatively polarized into supporting Abdul.
[01:58:47] a quick thing about this Barry Weiss tweet, which is it's a CVS tweet, but according to Oliver Darcy
[01:58:54] at status, our friend Oliver Darcy, Barry Weiss ordered the headline to emphasize the tweets and
[01:59:00] tie al-sayed to 9 11. For Michigan Democrat Abdul al-sayed, September 11th commemoration invites
[01:59:08] scrutiny of past remarks. This is so unbelievably misleading. I'm not I'm not Abdul al-sayed's
[01:59:17] biggest fan. I thought to myself, oh, shit, I wonder what this guy said. You go and you
[01:59:22] look at it. It's nothing. It's literally nothing. Nobody is actually inviting scrutiny of past
[01:59:31] remarks because of 9 11. Nobody is doing that. Uh, like, they are. Well, I thought we just
[01:59:39] said we wanted mainstream news news to have a voice. Uh, this is like a full on invention.
[01:59:47] of two separate things and trying to tie them together,
[01:59:51] CDS is tying them together.
[01:59:53] And then they're letting the racism fill in the rest.
[01:59:57] And it is atrocious.
[01:59:58] Yeah, it's like 9-11 reminded me of Abdul Sayed.
[02:00:03] And so you wrote an article about how he's terrible.
[02:00:05] That was literally the tweet.
[02:00:07] And it's just like straight racism.
[02:00:10] And I mean, there are just so many things
[02:00:12] that you could write about Abdul.
[02:00:14] I like it.
[02:00:15] Jamie, also, he's not like as a cup of tea.
[02:00:16] I'm sure anyone listening to the show can tell, like,
[02:00:18] I'm getting increasingly radicalized in his favor,
[02:00:20] just because I'm so annoyed about all of the,
[02:00:23] like, all of the attacks on him are so bad faith.
[02:00:27] JD yesterday in his speech was talking about
[02:00:29] how Abdul is evil and how he only cares about
[02:00:32] people of his own faith.
[02:00:35] And like he doesn't care about anyone else.
[02:00:37] And I'm just like, fuck you.
[02:00:39] I mean, like JD Vance, that's JD Vance's position.
[02:00:42] But there's no evidence that that is Abdul's view.
[02:00:44] Abdul doesn't care about the suffering
[02:00:46] of people that are not Muslim.
[02:00:47] He's talking about other people.
[02:00:49] So it's just straight, like base racism.
[02:00:53] And it's the type of stuff that you could never get away with
[02:00:57] talking about any other faith.
[02:01:10] Hey guys, Democrat who said she wants the Republicans to win
[02:01:13] thinks some people are making it easier
[02:01:14] for Republicans to win.
[02:01:16] Yeah, I'm glad that they're catching on. Also, dude, the Senate Republicans have one speed
[02:01:27] and we should stop giving this shit air in general. But literally all they do is sit around,
[02:01:34] wait for some sex-pestiny orbiter to clip something out of context, just be like, see, he's saying
[02:01:41] the quiet part out loud, and it's like not what I'm saying at all. It's just professionally
[02:01:47] misunderstanding a position that I'm making, sometimes just claiming the exact opposite.
[02:01:58] of the
[02:02:11] I mean, he's an irrelevant figure overall. And yes, I'm speaking on a, on multiple panels
[02:02:31] at the socialism conference in Chicago this weekend. Yes.
[02:02:36] Like, a lot of people will say, dude, like, the goal here is to inevitably get to a point
[02:02:44] where they're like, dude, why are you even speaking on this race at all?
[02:02:46] I'm speaking on this race as a political commentator, not as a surrogate, not as a friend, not
[02:02:53] as a friendly figure, as a political commentator.
[02:02:55] I'm speaking on one of the most pivotal races that the Senate majority for the Democrats
[02:02:59] hinges on.
[02:03:00] Of course, I'm going to continue covering it, okay?
[02:03:04] But the problem is, the RNC and the Republicans will just like clip whatever the fuck I'm saying
[02:03:10] as far as my commentary, even if I, you know, season it with, I don't know, Abdul's thinking
[02:03:16] on this, I'm speaking on this as a commentator, they will just go, Abdul's best friend and
[02:03:21] surrogate and co-conspirator is claiming that Abdul is lying.
[02:03:26] And it's like, that's not what I said at all.
[02:03:34] In any case, all of this is insincere distractions that they elevate and try to create additional
[02:03:55] distractions over and none of it is going to work.
[02:03:58] The only reason why it works, the only way it works is not if it just stays on the Fox
[02:04:05] News side, because if it stays on the Fox News side, it's whatever.
[02:04:08] Okay, yeah, Fox News guys are going to be like, oh, Abdul is a perfidious Muslim.
[02:04:12] He's lying.
[02:04:13] This is how Muslims are.
[02:04:15] It only becomes an issue that is of electoral cost if liberal outlets lean into it.
[02:04:25] I've said this for the last three years.
[02:04:29] There have always been outlets that are sympathetic
[02:04:33] to Israel that will write extensively about things
[02:04:37] that are going on on my stream.
[02:04:38] You know, you got the Daily Mail, the Daily Wire,
[02:04:41] you got Fox News Digital, right?
[02:04:43] New York Post, these outlets, Jewish Insider,
[02:04:46] these five outlets, I always expect a shit ton
[02:04:50] of anger and resentment from.
[02:04:52] I don't take it seriously when those outlets are writing about me, because those outlets are utterly irrelevant. They're immaterial. They already talk to an audience that does not have a favorable position on our goals. Okay? They already hate us.
[02:05:10] But the elison purchase of CBS and CNN is now merging those right-wing reactionary pro-Israel
[02:05:25] outlets and bringing their commentary and their biases into other mainstream news outlets.
[02:05:37] If you notice, like, regardless of the op-ed pieces and whatnot, there used to be very
[02:05:42] little coverage from the New York Times, for example, on this sort of stuff.
[02:05:48] But when CNN or CBS takes that coverage and brings it up on primetime liberal television,
[02:05:57] MSNOW is also doing it, now ABC is going to do it, now all these other outlets will
[02:06:02] get their notes, and this is how Republicans front-run whatever narrative they want to
[02:06:10] bake into mainstream discourse. This is how Republicans continue being the news desk editor
[02:06:17] of not only Fox News, which is a propaganda apparatus for the party, but also CNN and
[02:06:24] every other liberal mainstream outlet as well. You cannot allow Twitter trolls and Republican
[02:06:32] operators to become your news desk editors. If you are Fox News, that's your job. If you're CNN,
[02:06:39] you can't do that. But the problem is, every single host and every single producer on CNN
[02:06:44] is terrified of the Ellison purchase and the Barrywise control that will come over CNN in the
[02:06:49] the same way that it did over CBS and in order to maintain their position of
[02:06:54] prominence, in order to maintain their jobs, they will play the role of acting
[02:07:00] servant. They will go along with, they will go along with the
[02:07:07] ridiculous narratives concocted by the Republicans.
[02:07:12] We know what it looks like when Barry Weiss takes over your news team.
[02:07:23] When Weiss was set to take charge of CBS, I pointed out that she had a history of promoting
[02:07:26] anti-Arab and anti-Muslim bigotry that, if it had been aimed at any other group, would
[02:07:29] have ended her career.
[02:07:30] She now personally is ensuring CBS's coverage is tinted with that prejudice.
[02:07:34] This was Natalie Korak's reporting on Barry Weiss.
[02:07:39] wise personally directed the CBS news headline about Abdul tying him to 9-11, she tweaked
[02:07:45] it to specifically mention deleted tweets referencing the September 11 terrorist attacks.
[02:07:51] Oliver Darcy reported on this.
[02:07:59] This also is once again a reminder of the double standard that I mention all the time.
[02:08:05] Islamophobia is not only permitted, but Islamophobia is not only permitted, not only acceptable,
[02:08:15] but Islamophobia excites certain executives in the media.
[02:08:23] Islamophobia is expected.
[02:08:26] It's not only permitted, it's expected, it's welcomed, it's the norm, it's encouraged,
[02:08:35] Islamophobia allows the discourse to shift away from Israel, its influence on American
[02:08:41] domestic affairs or its influence on American foreign policy, and moves the conversation
[02:08:46] back to the perfidious Muslims, the perfidious Muslims that are creating an environment of
[02:08:53] Sharia law on US soil.
[02:08:56] It's ridiculous.
[02:09:05] These guys understand it, these guys understand it, and that's precisely why they do it.
[02:09:15] Maybe some are unwilling participants, but here at the Hassanabe broadcast, we're going to get back to my favorite subject situation monitoring.
[02:09:28] Okay?
[02:09:33] Killotonics? What is this? Democrats are self-flagellation enjoyers?
[02:09:37] Okay, so I'm kind of throwing this video together-
[02:09:39] Okay, so I'm kind of throwing this video together real quick, and for anyone who normally cares more about the drama stuff, this video is mainly about politics.
[02:09:46] On-
[02:09:50] Killotonics demonstrates how Sompiker's 10-minute segment warning of the conflation of anti-Semitism and anti-Zionism was reduced to a 51-second clip that stitched-
[02:09:57] Clips from five minutes apart in that segment distorting a son's point and democratic leadership ran with it even when it harms their own candidate
[02:10:05] Nice
[02:10:12] Okay, I kind of want to watch this before we get the situation monitoring. Okay, this is the last thing we'll do
[02:10:17] This the last thing we'll do is a 60 minute video watches and then we'll get the situation monitor August 22nd
[02:10:22] an account on twitter called dsa watch posted a one minute clip from a his son
[02:10:25] piker stream with the caption his son piker tells american jews to stop
[02:10:29] supporting israel or someone will come around and take action not against israel
[02:10:32] but american jews and you want to know why because people don't fuck with israel
[02:10:36] any longer and if and if jews in america keep
[02:10:39] putting uh this this idea out there that they are
[02:10:43] singularly invested in israel eventually someone's gonna come around
[02:10:48] and take action not against the state of israel mind you but against
[02:10:51] American Jews. We're teaching people the wrong lesson. I don't know how people don't recognize
[02:10:57] how dangerous this predicament is, how dangerous this is for Jews. You're running around basically
[02:11:03] tying your entire identity to a country that inevitably will be seen as basically Jewish
[02:11:11] ISIS. And you're saying, as Jews, this is all we care about. You're making antisemitism worse.
[02:11:18] Now, DSA Watch isn't the origin of this clip, but they did popularize its spread,
[02:11:22] so we're just gonna call it the DSA Watch clip in this video. More on that later.
[02:11:26] But the post took off. On Sunday the 23rd, Mike Rogers, the Republican running for Senate in Michigan,
[02:11:30] reposted it, calling Hassan the running mate of his opponent, Abdul El Sayed,
[02:11:34] inframing it as more calls for violence coming out of the El Sayed campaign.
[02:11:38] The next day, Rogers put out a formal statement calling Hassan's remarks a call for violence
[02:11:41] against the Jewish community, specifically against Jeremy Moss. Later the same day,
[02:11:45] the NRSC, the Senate Republicans' official campaign arm, pushed the same clip with the
[02:11:49] same framing.
[02:11:50] El Sayed's campaign surrogate says Jewish Americans will be harmed.
[02:11:54] From there it moved through conservative media, and then into mainstream coverage, and then
[02:11:57] came the disavows.
[02:11:58] Hillary Shulton, Hakeem Jeffries, the next day, Alissa Slotkin, Jackie Rosen, Cory Booker,
[02:12:03] Brad Schneider, Michael Lasher, DNC Chair Ken Martin.
[02:12:06] Most of these echoed the same framing that Hassan had told American Jews they
[02:12:10] were bringing violence upon themselves, and then El Sayed put out a statement of
[02:12:13] his own distancing himself from Hassan's remarks. Now the point of this video is not to ask any of
[02:12:18] these people to defend Hassan Piker. He's a Twitch streamer, nobody owes him anything. But what I
[02:12:22] am asking is why Democratic officials helped Republicans land a dishonest attack on their own
[02:12:27] nominee. But before we get into the substance, something briefly about this account. A few
[02:12:31] weeks ago, a video circulated on- Yeah, more Hassan meta commentary dog. I'm sorry. This is
[02:12:37] a welcome site. Okay. For the last seven years, we have never, we have rarely ever had random
[02:12:47] unaffiliated random unaffiliated accounts on YouTube that do commentary videos that focus
[02:12:53] on drama in general, ever fucking go down and explain piece by piece exactly how exactly
[02:13:02] how this like propaganda campaign works exactly how this like manufactured outreach campaign
[02:13:07] works so yeah dude chatter is right stop yelling at him this constant drama
[02:13:16] DSA coverage is making the streams on watchable sorry Tristan Jack it's a
[02:13:21] 16 more minutes you can actually tune out for 60 minutes and then come back okay
[02:13:25] claiming that his son said America should go back to lynching black people
[02:13:28] Stopes investigated the post going around was spliced together from three
[02:13:32] different streams and he was mocking somebody for being racist he wasn't
[02:13:35] like genuinely expressing it himself.
[02:13:37] But DSA Watch is the exact type of account
[02:13:40] that will perpetuate falsehoods like this,
[02:13:42] which is a fairly common practice.
[02:13:43] There are tons of accounts out there
[02:13:45] built around clipping stuff
[02:13:46] into something more inflammatory
[02:13:47] than the underlying material,
[02:13:49] especially to attack the left.
[02:13:50] So when a one-minute cut arrives with a caption
[02:13:52] describing what you're supposed to hear,
[02:13:54] you should check the caption against the tape,
[02:13:56] which is exactly what we're gonna do.
[02:13:58] So there are basically two claims being made
[02:14:00] about what Hassan said here.
[02:14:01] The first one is easier, so let's start with that one.
[02:14:03] Some people, like Brad Schneider,
[02:14:05] said that Hassan's comments were a call to violence, which is absolutely fucking ridiculous.
[02:14:09] There is precisely zero instruction, approval, or imperative of any kind in Hassan's comments.
[02:14:14] He's literally just giving a prediction.
[02:14:16] And if Jews in America keep putting this idea out there that they are singularly invested in Israel,
[02:14:24] eventually someone's gonna come around and take action.
[02:14:26] Not against the state of Israel, mind you, but against American Jew.
[02:14:29] I don't know how many different ways I can explain this.
[02:14:32] I don't know how. People don't recognize how dangerous this predicament is, how dangerous this is for Jews.
[02:14:39] Quite obviously not an endorsement.
[02:14:41] Furthermore, Hassan says it with a qualifier. If X happens, it will lead to Y.
[02:14:45] But look at Hillary Shulton's press release, for instance.
[02:14:47] The entire qualifying clause is gone, and she instead presents it as though he's simply saying Jews are going to be harmed.
[02:14:53] So, some Democrats were pushing an even more misleading version of the comments than Republicans were.
[02:14:57] Even the NRSC at least included the IF.
[02:15:00] So under no reading was this a cult of violence.
[02:15:02] Hassan is obviously speaking descriptively.
[02:15:04] Now, descriptively about what?
[02:15:06] Well, that if part of the statement is the second claim
[02:15:08] that Hassan said Jews in America were inviting violence upon themselves by supporting Israel.
[02:15:13] To my unsurprise, this is not actually what he said,
[02:15:15] but the clip that got circulated around stitched two things together
[02:15:18] that happened several minutes apart and left out a lot of additional context.
[02:15:21] So let's go through the entire segment and see what Hassan actually said.
[02:15:25] The entire segment starts off with Hassan responding to a chatter
[02:15:28] who describes the difficulty of talking to their community and their temple about anti-Zionism.
[02:15:32] Is an anti-Zionist Jewish person whose temple is reforming deeply Zionist
[02:15:35] is difficult to even approach trying to change their minds?
[02:15:37] No, I understand that.
[02:15:39] I understand that.
[02:15:41] I mean, look, for the anti-Zionist Jews in my community,
[02:15:46] you have a very tough job ahead of you.
[02:15:49] So this is where a lot of the argument lies.
[02:15:51] The Zionist is about to issue a responsibility to his Jewish viewers,
[02:15:54] but it is not the one that people are saying it is.
[02:15:56] of this.
[02:15:57] Well, you have to go back to your communities and try to get your elderly relatives to understand
[02:16:06] that this connection between Israel and Zionism that is expressed over and over again through
[02:16:11] a lot of these Jewish institutions.
[02:16:14] Okay, so already we're talking about something pretty different here.
[02:16:17] Not only is Hassan starting to place blame on institutions, religious leaders, organizations,
[02:16:21] etc., but he's also clearly talking about these institutions connecting Jewish identity
[02:16:25] to Israel and Zionism. Let's see where it goes with it.
[02:16:28] Okay. Is teaching people the idea that Jews are monolithic and this is a dangerous, it
[02:16:34] is a very, because look, it's a very dangerous, uh, mode of propaganda.
[02:16:39] Oh. So what is the danger that everyone has been claiming Hassan was pointing out?
[02:16:44] Is it Jewish people supporting Israel? No. We're barely a minute in and he's already
[02:16:48] made his position clear. The danger is people in positions of influence in the
[02:16:52] Jewish community pushing the idea that being Jewish and supporting Israel are the same thing.
[02:16:57] And you want to know why?
[02:16:58] By the way, the DSA Watch version from Twitter just started.
[02:17:01] Because people don't fuck with Israel any longer.
[02:17:05] And if Jews in America keep putting this idea out there that they are singularly invested
[02:17:12] in Israel, eventually someone's going to come around and take action.
[02:17:16] Not against the state of Israel, mind you, but against American Jews.
[02:17:19] I'm going to pause and point out that.
[02:17:21] The Sun fucked up pretty bad by saying, if Jews in America keep putting this idea out
[02:17:24] there, because it's what a lot of the bad faith narrative is based on.
[02:17:27] So poor choice of words there.
[02:17:29] But based on the previous context, he appears to be talking about institutions.
[02:17:32] And obviously, DSA Watch left that part out.
[02:17:35] Okay.
[02:17:36] Yeah, it's like, this is the medium itself working against me, because this is a stream
[02:17:43] of consciousness over an active conversation that can be clipped completely out of context
[02:17:49] at any given point.
[02:17:51] normal human being talks like this. So the very fact that there are not that many clips,
[02:18:01] all things considered, shows that I am unbelievably careful, but because most people don't understand
[02:18:07] the medium itself, and most people are not going to go back and look at the tape and
[02:18:12] analyze it this way, of course, everybody ends up saying, oh dude, why can't you just
[02:18:18] be more careful. Why can't you be more careful with your language? And it's like, dude, what
[02:18:22] are you talking about? I'm having a normal conversation. Like, I'm having a normal conversation.
[02:18:30] And there are, there are literally like hundreds of people in here that are waiting for anything
[02:18:38] that they can actually clip in bad faith.
[02:18:48] It's not like the argument is bad, it's that bad faith people will clip it to completely
[02:18:54] rob it of its context to make it seem like I'm saying something different.
[02:18:57] It's virtually impossible to combat against that.
[02:19:00] We're teaching people the wrong lesson.
[02:19:02] PSA Watch cuts here.
[02:19:03] At the end of the day, American Jews do not prioritize Israel, but they do prioritize
[02:19:09] anti-Semitism.
[02:19:10] Note where we are.
[02:19:11] That sentence is the first thing out of his mouth after the DSA watch clip makes a cut.
[02:19:15] Remember that the claim is that Hassan told American Jews they're inviting violence by
[02:19:18] supporting Israel.
[02:19:19] But 15 seconds after the line that they clipped, he says American Jews don't prioritize
[02:19:24] Israel.
[02:19:25] How could Hassan have been telling Jews that they're bringing violence upon themselves
[02:19:27] by supporting Israel if he just said he doesn't think that they do?
[02:19:30] There it seems like Hassan is saying the opposite of what the clip is meant to suggest.
[02:19:34] I really wonder why they chose to cut here.
[02:19:36] And that's precisely the reason why a lot of this propaganda that is facing the American
[02:19:43] Jewish side from a lot of these Jewish outlets.
[02:19:47] Propaganda?
[02:19:48] Outlets?
[02:19:49] He's talking about institutions still.
[02:19:51] Right?
[02:19:52] We'll tie the two all the time and we hear that from outlets like ZBS as well,
[02:19:57] right?
[02:19:58] conflation of Jewish identity and Zionism, also still talking about institutions like CVS.
[02:20:04] But yeah, the argument I'm presenting here is that, and I know this because I'm intimately
[02:20:09] familiar with this from my friends and their family members. I know that like a lot of older
[02:20:15] Jewish folk that get their news from and have a sense of community in their synagogues and whatnot
[02:20:22] are hearing about this conflation all the time. They've learned about this conflation that
[02:20:28] That an attack against Israel is an attack against all Jewish people. It's not correct. It's not true
[02:20:35] But it's also priming them into
[02:20:38] Into associating like because they're worried primarily understandably about
[02:20:44] Anti-Semitism increasing the the arguments presented to a lot of our
[02:20:51] elderly Jewish relatives is
[02:20:53] Israel's under attack because Israel's the only bulwark against anti-Semitism and
[02:21:00] My argument there was the the best way to communicate with our elderly Jewish relatives our neighbors our friends is
[02:21:09] to
[02:21:11] Show that it is the exact opposite of false conflation is very this false conflation between
[02:21:17] Zionism and Judaism is actually very dangerous
[02:21:19] And the host asked Angie Nixon like, oh well, don't you think we shouldn't stop giving weapons
[02:21:25] to Israel at a time when anti-Semitism is exploding?
[02:21:29] Where's the connective tissue between these two events?
[02:21:34] American Jews do care about anti-Semitism.
[02:21:36] It's understandable to care about anti-Semitism.
[02:21:38] They don't care about Israel.
[02:21:41] So how do you tie the two?
[02:21:42] You say, well, Israel is the only thing standing in the way of the next Holocaust happening.
[02:21:48] That's how you do it.
[02:21:49] Okay, so by now his position is pretty clear.
[02:21:51] He doesn't think American Jews broadly care about Israel.
[02:21:54] What he thinks is happening is that institutions, religious leaders, the media are taking a real
[02:21:58] fear of anti-Semitism and trying to convert it into support for a foreign government.
[02:22:02] And the risk is that being Jewish and supporting Israel might start to look like the same thing.
[02:22:10] So every single time you have prominent Zionist Jews come out and be like, no,
[02:22:15] this is anti-Semitic.
[02:22:16] To oppose Israel is anti-Semitic, you're teaching people that you're teaching people
[02:22:21] the trope of dual loyalty.
[02:22:25] That's what you're teaching people.
[02:22:28] After you teach them that, you can't turn around and say, oh, well, this is dual loyalty,
[02:22:32] this is anti-Semitic.
[02:22:33] And once again, it is clear and obvious who Hassan is speaking to.
[02:22:36] Not Jews who support Israel, people who go on television, for example, and say that
[02:22:40] opposing Israel is anti-Semitism, leaders making claims about what Jews as a group
[02:22:44] believe.
[02:22:45] The sun continues talking about this for a while and kind of goes into some other topics as well.
[02:22:49] So let's get past some of this, but pay attention to how much time in the stream is passing.
[02:22:54] Okay, we can pick up here.
[02:22:56] Yeah, Jeremy Moss, the Democratic nominee for US House, Michigan 11 says,
[02:23:00] is the person who took, who won Haley Stevens's seat, by the way,
[02:23:06] says, Abdul is going to have to demonstrate some serious outreach to Oakland's Jewish community.
[02:23:11] I wonder what he has to do to gain the support of Oakland County's Jewish community.
[02:23:21] Yeah, he has to drop his critiques of Israel.
[02:23:26] That's what it is.
[02:23:29] Now is Oakland County's Jewish community in unison making this demand of Abdul Al-Sahab?
[02:23:36] No, of course not.
[02:23:40] And if there isn't opposition from Jewish figures in this community that are loud about the divergence
[02:23:51] between this representative and their own desires, then the media narrative will set
[02:23:58] in.
[02:24:01] Even if they don't realize that this media narrative presents Jews as single-minded and
[02:24:06] singularly invested in the continuation of the Israeli apartheid.
[02:24:12] Just to really drive this home, once again, Hasan is making the same point.
[02:24:15] He's criticized.
[02:24:16] Like, think about how much I actually carefully choose my words.
[02:24:24] It's actually insane.
[02:24:25] Even looking back at this, like, I'm glad that that Keylatonics did this, like, deep analysis
[02:24:31] on five minutes of commentary.
[02:24:34] Think about how careful I am with my words.
[02:24:38] Think about how fucking careful I am with every single thing I said.
[02:24:43] And they did something similar to Abdullah Sayyed with the hurt people, hurt people line.
[02:24:47] They did the exact same thing.
[02:24:49] His response, his initial response to the synagogue attack was, you know, short, concise,
[02:24:55] very clear disavowals, right?
[02:24:58] And the next day's response was still a four-minute statement that was incredibly careful, never
[02:25:08] minimizing the atrocities, never minimizing anything else, but simply saying like a big
[02:25:13] part of the cycle of violence that we must sever, that we must stop also stems from
[02:25:20] false conflations and also the fact that there is also violence taking place against
[02:25:26] People who have direct ties to to Lebanon and they they still reduced it to hurt people hurt people
[02:25:37] They made it seem like he was minimizing the attack against the synagogue
[02:25:43] Yeah, four minutes boiled down to four words
[02:25:47] I don't know how many different ways I can explain this.
[02:26:04] And right here, by the way, is where the rest of the DSA watch clip starts again.
[02:26:08] I don't know how.
[02:26:10] People don't recognize how dangerous this predicament is, how dangerous this is for
[02:26:15] Jews. You're running around basically tying your entire identity to a country that and the other
[02:26:24] side of this is that the other side is also very frustrating because they do this all the time,
[02:26:28] right? They do this every day, every day, multiple times a day until one of the narrative sticks.
[02:26:34] They try it over and over again. And then the narrative sticks and then the narrative goes up
[02:26:39] all the way up to from Republican operatives to campaign officials to like the actual
[02:26:44] candidates themselves, the Fox News, and then CBS, and then CNN. And then it becomes the only
[02:26:50] narrative that's stuck. And the opposition to this is of course to say, no, this is what I actually
[02:26:56] meant. Here's the full clip. This is out of context. But if you keep repeatedly saying this is out
[02:27:02] of context a million times over, then eventually they turn around and say, oh, is this out of
[02:27:07] context too, while literally presenting the out-of-context clip. They splice disconnected
[02:27:15] points in a broader tangent, and then make it seem like I'm saying the opposite of what
[02:27:19] I'm actually saying. And then they turn around and go, how dare you say this is out of context?
[02:27:23] It's like, bitch, you're doing it. You know what you're doing. You know that you're
[02:27:27] doing this. You know that you are deliberately misconstruing my position. And then simultaneously
[02:27:35] Claiming that we're ridiculous for calling it out, for pointing it out, it's fucking so intense.
[02:27:43] That inevitably will be seen as basically Jewish ISIS.
[02:27:47] Okay, not the best language, but point still stands, I think.
[02:27:51] And you're saying, as Jews, this is all we care about.
[02:27:56] You're making anti-Semitism worse.
[02:27:58] And that's it. That's where the viral clip ends.
[02:28:01] Hassan keeps talking about this topic for a little bit longer.
[02:28:03] Altogether he discussed the conflation of anti-Semitism and criticism of Israel for 9 minutes and 53 seconds.
[02:28:09] DSA Watch took 51 seconds of that discussion and used two clips that had 5 minutes and 31 seconds between them
[02:28:16] to make Hassan look like he was victim-blaming Jewish people for supporting Israel.
[02:28:19] They left out every mention of propaganda, ZBS outlets, media narratives, and so on and so forth.
[02:28:25] And you're just left with this lone you that makes it sound like he was talking about Jews generally.
[02:28:29] And with over 8 minutes of discussion stripped out, it can sound like he's describing something Jews are doing to themselves, which is kind of the opposite of his point.
[02:28:37] He's saying people speaking for Jews, telling the world that all of them are singularly invested in Israel, is what endangers them.
[02:28:42] And he spent quite a long time naming exactly who's doing it.
[02:28:45] And by the way, the person who originally edited it and shared the clipped version of Assad's statements is this very far-right and extremely pro-Israel account.
[02:28:52] He's like literally a troll, just in case anyone was wondering.
[02:28:55] Now do I expect everybody to go back and watch the entire 10 minute segment to understand
[02:28:59] what Hassan was saying?
[02:29:01] No, but the person that clipped this stuff had to have seen the whole thing, and democratic
[02:29:05] leadership ran with it, even when it harms their own candidate.
[02:29:08] Which might have been more understandable if Hassan had been giving some fringe hyper-radical
[02:29:12] take.
[02:29:13] But he wasn't.
[02:29:14] As recline noted, Jewish journalist wrote this in the New York Times several months
[02:29:17] ago.
[02:29:18] Anti-Semitism often cloaks itself in anti-Zionism, so dumb.
[02:29:21] which ironically was also an article about defending me against critics who said I was
[02:29:27] a Jew-hater.
[02:29:28] Don't do the anti-Semites work for them.
[02:29:30] If you keep telling people that if they oppose the Jewish state, then they must hate the
[02:29:33] Jewish people.
[02:29:34] Eventually they will believe you.
[02:29:35] Hannah Arendt, a Jewish philosopher and writer who escaped Nazi Germany, wrote,
[02:29:39] If Zionists continue to ignore their own region and watch out only for the big faraway
[02:29:43] powers, they will appear only as their tools.
[02:29:45] The agents of foreign and hostile interests.
[02:29:47] Jews who know their own history should be more aware that such a state of affairs
[02:29:50] will inevitably lead to a new wave of Jew hatred.
[02:29:54] Ben Lorber, an anti-Semitism researcher, made the same distinction.
[02:29:57] He wrote that acknowledging the relationship Hassan was describing doesn't let us blame
[02:30:00] the victim nor excuse the perpetrators.
[02:30:03] But those of us who are Jewish owe it to ourselves and our children's children to start talking
[02:30:06] about it and soon.
[02:30:07] Stifling the discussion only makes it worse.
[02:30:09] Peter Beiner, a journalism professor and an editor at Jewish Currents, wrote that
[02:30:13] American Jewish organizations deliberately refuse to separate Jewishness from Zionism
[02:30:17] and that doing so contributes to the conflation that makes Jews less safe.
[02:30:21] Anthony Lerman, the former director of the Institute for Jewish Policy Research, argues
[02:30:24] that redefining anti-Semitism to cover criticism of Israel does not protect Jews against anti-Semitism.
[02:30:30] Mirosukarov, the Jerusalem Declaration, Kenneth Stern, the list kind of goes on and on.
[02:30:35] So Hisan's position, even if he used somewhat imprecise wording to convey it, is largely
[02:30:39] a defensible one.
[02:30:40] So why did Democrats reflexively rush to condemn him and likely force Elzai its
[02:30:44] hand in doing the same?
[02:30:46] But one hypothesis is because the overwhelming majority of the figures denouncing Hassan
[02:30:50] receive money directly from APEC.
[02:30:52] But then again, most Democrats do.
[02:30:53] My guess is something a little different.
[02:30:55] You see, they could have taken any number of other routes.
[02:30:57] Like I think some of them really didn't have to say anything.
[02:31:00] Like why would these constituencies care what some streamers us?
[02:31:03] But if you're gonna say something, you could have just said like, no Jewish person
[02:31:06] is responsible for anti-Semitism.
[02:31:08] But tying Jewish identity to the state of Israel is deciding what an entire group
[02:31:12] of people believe on their behalf.
[02:31:14] I don't know, something like that.
[02:31:15] It's not really a defense of Hassan, it's just rejecting the premise.
[02:31:18] But instead party leaders jumped at the chains to call Hassan's remarks anti-Semitic, victim-blaming
[02:31:22] Jews or a cult of violence, even though this was a dishonest attack created by the right.
[02:31:27] And the actual political cost of that is not Hassan's.
[02:31:29] It's their own Senate candidate who's running for a hotly contested seat.
[02:31:32] They'll say a distancing from Hassan in the way that he did, it looks weak.
[02:31:36] And the democratic orthodoxy pressuring that to happen is just kind of them surrendering
[02:31:39] to the right wing.
[02:31:40] I can understand wanting to be pragmatic, but this wasn't ideal for the upcoming
[02:31:44] election.
[02:31:45] like undecided voters will suddenly forget that he made appearances with the song.
[02:31:48] I mean, Jeremy Moss had been in talks to endorse Els Aed before the controversy derailed
[02:31:52] those plans.
[02:31:53] Even Lon Johnson, a former Michigan Party chair, said that Mike Rogers was actively
[02:31:57] pursuing the party's sore points and doing it faster than Els Aed, which is pretty
[02:32:01] ironic because he was one of the people helping make that happen.
[02:32:04] So these guys are just totally shooting themselves in the foot.
[02:32:06] They lost an endorsement in a week of their nominee's time and gained virtually
[02:32:10] nothing.
[02:32:11] Republicans are finding pressure points and Democrats are validating them.
[02:32:14] You don't even have to like Hassan or Abdul, but if the right starts to smear intended to
[02:32:18] harm your candidate, and your party immediately capitulates to it, you're just doing their
[02:32:22] job for them.
[02:32:23] Ezra Klein wrote something else in that column we quoted earlier.
[02:32:26] The impulse to cut off those with whom we disagree reaches far beyond Piker or the
[02:32:29] Israel-Palestine debate.
[02:32:31] The Democratic Party and the progressive movement was ill-served by the belief that it
[02:32:34] could decide the boundaries of acceptable debate.
[02:32:37] And a few short months later, here we are.
[02:32:39] Someone says something potentially controversial, a troll clips it, a liar spreads it,
[02:32:43] and then your opponent uses it. And instead of checking what was actually said, Democrats
[02:32:47] reached for the nearest available exit ramp. This is the exact same playing it safe approach
[02:32:51] that they've been criticized for cycle.
[02:32:53] Yeah, it's Democrats broadly speaking have to let go of this weird. I know some people
[02:33:02] will say, oh, they're doing it on purpose because they agree with the Republicans. Sure.
[02:33:07] But not all Democrats agree with the Republicans. And yet they still have this weird,
[02:33:13] tendency to constantly fucking capitulate, obsessively capitulate the right-wing framing.
[02:33:19] They are so shamed, they're so ashamed about their worldview, right?
[02:33:25] When it is the Republicans who should feel the shame
[02:33:29] for presenting such an odious view of America.
[02:33:34] I hate how much those on the left broadly run away from their positions.
[02:33:39] I hate it.
[02:33:41] I don't like it at all, and that attitude actually makes others feel less secure about our positions.
[02:33:49] If we cannot be confident about our worldview, how can we expect onlookers to feel as though
[02:33:56] we are on the right side of history? Democrats constantly bow down to Republicans
[02:34:04] who are very aware of this tendency amongst liberals and weaponize it against them all
[02:34:10] of the time, we have to stop doing this.
[02:34:40] I don't know if this will actually hurt a duel that much, I still expect him to win, but it can't help, and it seems like as a political party, you should be more focused on defeating the election denier you're running against instead of whatever half-controversial thing some Twitch streamer said.
[02:34:53] You're showing your opposition that the fastest way to move you is just to make you nervous. It doesn't even have to be honest, it just has to tug on the right thread. In other words, you're teaching Republicans that they have the power to decide what you stand up or sit down for.
[02:35:06] great video man holy shit perfect video 1010 no notes
[02:35:26] absolute banger and it's like a the revelatively tiny YouTube channel too
[02:35:31] I think I'm gonna subscribe now. He did the Weasley Little Liar Awards before this one, too. That was really good. It was like four hours of just like
[02:35:43] piece by piece aggressively going through so much of the so much of the vile human beings on the internet that just like use Hassan bad.
[02:36:01] I don't even think that guy likes you. I think he likes me. I think he's
[02:36:06] He just uh
[02:36:11] I hate this because of Abdul wins they'll say is because it this is tough for me and Abdul loses
[02:36:15] They'll say it's because he didn't condemn you near as a worm. I know I know they they already very clearly show that that's their goal here
[02:36:20] It doesn't really matter who gives a fuck. We want Abdul to win. I don't care. I don't care if they say that
[02:36:25] You fucking kidding me
[02:36:27] Bernie Sanders Dennis push back on Sanders comment that if you want yeah, we already covered this all right
[02:36:34] We're now getting to situation monitoring finally for all of the
[02:36:39] Ocin and he's out there the missile autists rejoice. We are back to the Strait of Hormuz
[02:36:51] We are back to the Strait of Hormuz where
[02:36:55] Where the American Empire is drowning.
[02:37:00] Let's start here.
[02:37:01] US launches new strikes on Iran amid gas price crunch for Labor Day.
[02:37:08] A major mistake.
[02:37:10] Overnight the war with Iran escalating as the two sides exchange intense attacks.
[02:37:17] For the second time in three days the US launching fresh strikes accusing Iran of
[02:37:21] trying to lay mines in the Strait of Hormuz.
[02:37:24] The Pentagon also targeting Iran's radar systems.
[02:37:28] Iran firing missiles and drones at U.S. allies, including Jordan, Kuwait and Bahrain.
[02:37:33] Iran also accusing the U.S. of hitting civilian areas, including a wedding.
[02:37:39] Iranian state media posting video which they say shows the aftermath of the attack.
[02:37:44] The Pentagon responding saying the U.S. military never targets civilians.
[02:37:49] President Trump now with a familiar refrain warning if these attacks continue, Iran
[02:37:54] will be, quote, totally wiped out as a country. Just last week, the administration
[02:37:59] signaled it was shifting strategy away from military firepower to economic warfare.
[02:38:04] If we are doing the maximum economic pressure, then that means that likely there will not
[02:38:11] be a large-scale kinetic restart.
[02:38:14] As part of that economic pressure, Treasury Secretary Scott Besant threatened to punish
[02:38:19] countries who do business with Iran. But a defiant Vladimir Putin meeting with Iran's
[02:38:24] president in a striking show of support. Pledging quote in this difficult period we're trying
[02:38:30] to provide you with the necessary support. We're supplying you with goods that you need.
[02:38:35] Still, Besson insists economic pressure will ultimately drive Iran to make a deal.
[02:38:41] My job is to make sure that they want to have a deal and they will want to have
[02:38:47] one.
[02:38:48] showing no signs of giving in and overnight Trump posting I couldn't care
[02:38:53] less if they sign a worthless to them agreement. I like our position now much
[02:38:58] better. Meanwhile, Americans here at home continue to pay the price for this
[02:39:02] at the pump. Gas prices now averaging $4.09 a gallon. That's up more than a
[02:39:08] dollar since the war began. And with millions of Americans set to hit the
[02:39:11] road this holiday weekend, it is expected to be the most expensive
[02:39:15] Labor Day weekend at the pump on record with yes, Americans definitely feeling that impact Mary Bruce for us. We appreciate it
[02:39:24] Syriac on the north coast of the Strait of Homo's last night a
[02:39:30] Regular target earlier in the war renewed US bombing in this new escalation
[02:39:37] Among the sites struck Iran says a civilian home where a wedding party had been gathering
[02:39:45] Ali Malahi says this was his home, his daughter's wedding.
[02:39:49] Thanking God there weren't more casualties.
[02:39:52] The Iranian media said four people, including a four-year-old child, were killed
[02:39:57] as many as 68 injured.
[02:40:03] On the way to the wedding suddenly we heard a fighter jet.
[02:40:06] There was an explosion.
[02:40:07] When I went inside, there was a person who had been struck on the head and face, unconscious.
[02:40:12] A lot of children and women were horribly injured.
[02:40:18] The US military said today that it never targeted civilians
[02:40:21] unlike Iran's Islamic Revolutionary.
[02:40:29] Yeah, that's that's crazy to say.
[02:40:32] The US military saying that is pretty wild because.
[02:40:36] And it's rare that we don't target civilians actually.
[02:40:45] Why is this reporting not shit and not completely biased to the American position?
[02:40:51] Because I think, well, one, this is Channel 4 news, right?
[02:40:53] They're pretty solid.
[02:40:55] They're probably the most reliable mainstream outlet in the UK for this kind of coverage.
[02:41:03] And I think times are changing.
[02:41:05] The other reason is because people are sick and tired of our shit.
[02:41:10] And they should be.
[02:41:11] I'm sick and tired of it.
[02:41:12] We're all sick and tired of it here as well.
[02:41:14] Genuinely, I think our European allies and even state-owned media in the UK is unbelievably
[02:41:23] frustrated with the way that Donald Trump is handling this stuff.
[02:41:31] That's what it is.
[02:41:35] It's not an accident that this kind of coverage comes alongside the rest of the world saying
[02:41:40] that they favored China over the United States of America for the first time throughout history.
[02:41:47] While the European Union is still unbelievably servile to the interests of American Empire,
[02:41:52] there are obviously a lot more overt criticisms of American actions, especially when those
[02:41:59] American actions directly impact lives in Europe.
[02:42:06] It said it struck IRGC targets, including air defense, radar systems, and mine-laying
[02:42:13] capabilities.
[02:42:17] Six months on it has yet to publish the findings from an investigation into the bombing of
[02:42:21] a school on the first day of the war where more than 150 people, most of them children,
[02:42:26] were killed.
[02:42:27] Today, an Iranian military spokesman condemned what he called US terrorist actions, saying
[02:42:35] Iran had responded with a devastating missile and drone assault, targeting US bases in Bahrain,
[02:42:43] Kuwait, Iraq and Jordan, the US denying Iranian claims of multiple deaths and injuries
[02:42:49] among its servicemen and women.
[02:42:52] The fighting focused once again on control of the Strait of Hormuz.
[02:42:56] U.S. strikes the weekend aimed at stopping Iran from launching mines.
[02:43:01] The further escalation follows a presumed Iranian attack on two super-tankers carrying
[02:43:06] Saudi oil near Oman on Monday.
[02:43:08] The U.S. struck two Iran-linked tankers overnight.
[02:43:11] Nonetheless, Washington says it facilitated the passage of 17 million barrels of oil
[02:43:16] via the southern Omani route on Monday, close to the pre-war 20 million daily average.
[02:43:23] One tanker tracking site, though, says the current average is closer to 7 million.
[02:43:28] The uncertainty is shaking bond markets.
[02:43:31] Interest rates on Japanese 10-year government debt have climbed.
[02:43:34] Is there a good like bond market YouTube video that we can watch?
[02:43:45] They are begging for it to be called the gay and not the straight.
[02:43:52] Now that we have it under USA control, should we change the name Hormuz Straight to Trump
[02:43:57] Straight?
[02:43:58] Like America itself, it would be hotter than ever before.
[02:44:01] Thank you for your attention.
[02:44:02] That's what the White House posted.
[02:44:15] chatter linked this earlier at an online market has been the biggest story in finance for the
[02:44:19] past two weeks. Okay, we'll look at this, we'll watch this. Even though I don't like the childish
[02:44:26] stick drawings and stuff. The best video I can recommend about the bond market?
[02:44:34] This is fine. I'm okay with the events that are unfolding currently.
[02:44:40] That's okay. Things are gonna be okay.
[02:44:42] That's just America, that's everyone in America all the time, non-stop.
[02:44:49] That's how it feels like to be alive right now in the United States of America.
[02:45:03] Holy shit, I thought you were joking.
[02:45:04] No, the White House posted this.
[02:45:06] The White House posted this.
[02:45:36] It's fucking crazy that this is the only thing that you hear.
[02:45:45] This is the only thing that they do, like failure after failure, failure after failure,
[02:45:54] the only thing that they can accomplish is just, oh, we'll rename it to the Strait of
[02:45:58] Trump.
[02:45:59] Oh, we'll rename it to the Lake of America.
[02:46:05] Trump going to rename the bond markets to everywhere everything that Trump touches turns to shit
[02:46:16] yeah we're gonna rename it to Trump bonds and then it's gonna be beautiful and you have to
[02:46:25] purchase them
[02:46:29] this week the president of the scott this is the
[02:46:32] this is our goat patrick boil
[02:46:36] his videos are long
[02:46:39] scott bessen is at a war with prices in the prices are winning
[02:46:45] right let's finish this uh... you to be on them will get to the bond market for
[02:46:49] percentage points since the start of the war
[02:46:51] And it's a similar story here, with a marked spike in the last week, taking the UK 10-year
[02:46:57] yield to its highest for 18 years.
[02:47:00] The US Treasury secretary looking for other factors than the Iran War.
[02:47:05] We are going through an energy shock right now due to both the war in Ukraine, because
[02:47:13] Ukraine has decided that they want to blow up Russian energy assets and then the conflict
[02:47:19] on Iran and the are they blaming Ukraine? Wait, I didn't see this. Hold on. Is Scott Besant
[02:47:30] blaming Ukraine? That's awesome. That's insane. First of all, Ukraine can't target Russian critical
[02:47:42] energy infrastructure without the American go-ahead or even NATO intelligence, okay?
[02:47:51] So the idea that Ukraine is doing this as a rogue actor is insane to me. And this is, of course,
[02:47:59] before we talk about the tricky predicament Ukraine finds itself in. Yes, Ukraine's attacks
[02:48:06] against Russian oil and energy infrastructure broadly is obviously having a predictable downstream
[02:48:14] negative consequence, increasing the volatility in the energy markets. Of course, I've said this
[02:48:20] over and over again since Ukraine started doing these like long range drone attacks, right?
[02:48:26] It's true. It's just we are the ones who are letting them do it and urging them to do it,
[02:48:32] one might even say. So the idea that Ukraine is is singularly responsible for this is hilarious
[02:48:39] coming from Scott Besin. Here is Mark Ames also correctly pointing this out. Last year,
[02:48:46] Trump approved helping Ukraine blow up Russian energy assets, which is genius,
[02:48:51] genius treasury secretary today blames for rising oil and gas prices. So he's cleverly
[02:48:56] shifted the blame from Trump's war in Iran to Trump's Ukraine war on Russian energy.
[02:49:02] Brother, you made the sandwich. What are you talking about?
[02:49:12] That is ridiculous. And it's not even like, this wasn't even the Biden position, okay?
[02:49:18] You can't even, you can't even blame Biden for this, right? You can blame Biden for
[02:49:24] a lot, but you can't blame Biden for this. For all of his faults and failures, Genocide
[02:49:29] Joe did not wage war with Iran. Okay. And for all of his faults and failures, Genocide
[02:49:34] Joe did not, even if he did not take advantage of Ukraine's additional leverage at times
[02:49:42] to force Russia into the table or anything like that and told him, you know, full support
[02:49:48] all the way. He did not tell Ukraine to strike Russian energy infrastructure. So this is,
[02:50:02] well, with the exception of Nord Stream 2, let's be real. Okay, that's besides the point. That's
[02:50:06] besides the point. That's neither here nor there. Because again, the entire globe's energy supply
[02:50:13] was not at risk in the same way.
[02:50:16] It was still insane for them to do so.
[02:50:18] They did do that, that's true.
[02:50:21] Bear is fair, bear is fair,
[02:50:25] except the straight of hormones was not shut down
[02:50:30] at that point.
[02:50:32] So, there was a little bit more room for movement.
[02:50:39] But once again, once again, once again,
[02:50:43] This is entirely on Trump
[02:50:47] This is entirely on the Trump administration for so so for Scott to turn around and be like, you know
[02:50:54] Ukraine is doing this Ukraine is doing this
[02:50:58] To us to the rest of the world is insane
[02:51:03] Conflicts and Iran it will end and prices will come down
[02:51:07] Did you see your new poll what happened? I'm in a am I mentioned in a poll?
[02:51:12] Oh my god, brother. Why are you spamming this? Just link the fucking polls. Well, I guess you have to be
[02:51:20] Subscribed in order to be able to link the poll
[02:51:24] Subscribe to the Hassanabi broadcast piker broadcasting service of people's broadcasting service and you can send me links. I'm poor
[02:51:36] Should Democrats embrace or reject people like a son park who said America deserve 9-11
[02:51:42] Oh, this is the Harvard Harris poll. I love this poll because the same poll we'll find
[02:51:48] usually that more and more people are in support of Hamas over Israel at GOP 79 to 21, Dem
[02:51:57] 72 to 28. Should Republicans embrace and reject? But this is what is known as a push poll,
[02:52:02] by the way. This is a negatively framed statement to deliver a message so that media figures
[02:52:09] that already have this oppositional perspective will then take this and go see see you got
[02:52:15] a run away from this guy.
[02:52:19] Yeah, what an incredible way to frame this poll.
[02:52:25] Yeah, it's it's based on a faulty premise it by design and it is by the way also 23%
[02:52:34] said embrace respect.
[02:52:37] One point over Candace Owens.
[02:52:39] This also probably plays along with the dual condemnation bill as well.
[02:52:44] Like they did this probably to boost the credibility of that dual condemnation bill that's out
[02:52:52] there that pairs me up as a dangerous figure, not dissimilar to Candace Owens on the
[02:53:02] right.
[02:53:03] You know, the equivalence.
[02:53:06] I said this 20 days ago.
[02:53:07] Let's take a look.
[02:53:08] someone and they will boost their disapprovals on the republican side and then they will
[02:53:13] point to that to be like, see, this guy is unbelievably toxic. I'm sure eventually in
[02:53:18] the midterms, once they're done with this cycle of fuck Hassan commentary, they'll
[02:53:22] eventually bring out polls to show that, you know, I have like a negative 87 disapproval
[02:53:29] rating or something. That's going to eventually happen. I'm just getting you guys ready
[02:53:33] for it. And liberals will then point to that to say, Hassan fucking sucks dick. You should
[02:53:39] stay away from who he's talking. And then you'll look at those actual numbers and you'll
[02:53:43] see that the reason why it's that high, the disapprovals are that high is because of the
[02:53:51] unbelievable amounts of anti Hassan earned media that has taken shape in the last
[02:53:58] couple of months, virtually every single day, numerous times a day. And it's usually
[02:54:03] just from the Republican side. The liberal side, on the other hand, will have...
[02:54:12] Dem Shadr, you're running against the Sompiker, paying off bigly.
[02:54:16] Republicans at 51 on the generic ballot poll. Yeah, I think this is probably overestimating
[02:54:21] Republicans. Yeah, this also makes a little bit more sense. The Harvard Harris poll is probably
[02:54:28] oversampling Republicans then or likely Republican voters or lean our voters in general, there's
[02:54:35] no shot. This poll will get picked apart that especially because of this. This is the mistake
[02:54:42] that they made. So the idea that the idea that this is what do you call it? This is
[02:54:50] the same pollster? No, you keep sending the same fucking dumb thing.
[02:54:56] Wait, what?
[02:55:13] Trump's approval went up?
[02:55:15] Yeah, okay, dude, sure.
[02:55:25] With all the smears and millions, maybe billions worth trying to destroy you a quarter of Americans
[02:55:29] embrace you with Marx's Lineness, you are doing what you are doing is beyond amazing
[02:55:33] brother that pulls not a whim for them at all. Yeah, this is like, I'd look, look,
[02:55:38] look, look, look, look. We are used to unlimited lines of attack. This kind of stuff is,
[02:55:49] is utterly immaterial to the project.
[02:55:54] All my law, the crosstabs literally admitted
[02:55:56] the poll was supervised by pollsters Mark Penn,
[02:55:59] Dritton Nesho, CEO of Harris X, Steven Anso LaBeharre,
[02:56:03] Professor and Caps Director Emeritus Harvard University.
[02:56:08] Harrison Mark Penn doing their hatchet job
[02:56:10] for the GOP to show Trump,
[02:56:11] I see of all the wrong GCBs I've ever seen,
[02:56:14] I think this will be the worst.
[02:56:16] Uh, they emboldened probably by all the, they got emboldened probably by, uh, all the herding
[02:56:23] That d plus four six, which was already major cope. Everything is the same as 22 25, but even more unhinged
[02:56:30] The poll was supervised by 5g and covet conspiracies who works for donald trump
[02:56:33] They have trump's approval with black people at 34
[02:56:36] I think 3.4 percent is probably closer every single time they need the most cooked poll
[02:56:41] They always go for black republicans always trump only down nine with urban voters
[02:56:46] Mm-hmm. I'm crying the first call over the Trump of rules on some of the issues is literally labeled Biden and as January 2025
[02:56:53] They literally put only a subset of the issues some of the excluded existed then to just to make it look like Trump improved a lot over
[02:57:01] Biden this is made for Trump 100%
[02:57:03] It's very obvious to that they only pulled issues that Biden would be down on and not some later that Republicans are generally
[02:57:10] Disliked on they say GOP has a 3565 approval rating with black people
[02:57:14] Right, so where's that 35% of black Republicans the last summer Republican presidential candidate got 35% or higher support of black voters is check notes
[02:57:24] 1956 so no, I am not putting the damn 70 years of bizarro 5g conspiracies Trump propaganda's poll in the average
[02:57:32] This is junk at every level Republicans slightly more likely to vote in the upcoming midterms. That's also ridiculous
[02:57:39] There's a weird bugaboo I always see in these fake GOP polls, even Florida dude used it.
[02:57:45] Constant refrains about Republicans planning to do straight ticket voting.
[02:57:48] Yes, I'm aware that's a thing, but only Republican pollsters, in parentheses, fraudsters, constantly mention it and say it this way.
[02:57:57] I don't know why. The damn messaging poll question is absurdly biased.
[02:58:09] They literally use different crosstabs for the 2028 Dem primary
[02:58:18] Yeah Kamala Harris 42% Gavin Newsom 18% people just 9% AOC 9% John also 7% JB Pritzker 4% dude I
[02:58:27] Think it's crazy so many fucking pollsters are just straight up trying to advance a narrative
[02:58:34] And it's always really funny especially because Harvard Harris is notorious for this
[02:58:39] They always try to advance a narrative, right?
[02:58:42] And what I find really funny about the narrative that they're advancing, sometimes is a failure of epic proportions.
[02:58:51] Like for example, whenever they ask students specifically about Israel versus Palestine,
[02:58:58] they know if they say Israel versus Palestine, of course, overwhelming majorities are going to vote for Palestine.
[02:59:03] So they change the option to Hamas and what they actually end up
[02:59:08] Achieving is support for Hamas in their polls and then they freak out because the answers show that an increasing number of students are
[02:59:18] Pro-Hamas instead of Israel. Yeah, of course if you give them only two options, they're gonna choose the non-Israel option
[02:59:26] Yeah, Israel versus Hamas is my favorite version of what these guys do all the time
[02:59:33] And I assume since October 7, it's actually increased quite a bit, like the support for Hamas in this poll has increased quite a bit.
[02:59:42] Yeah, Republican pollster samples an ART plus 12 electorate. Oh my god.
[02:59:55] Why can't pollsters be steadfast and more honest like Bernie Porn? I know Bernie Porn is the legendary pollster.
[03:00:03] with a legendary name. New poll, Gallup's annual survey on union approval shows 71% of Americans
[03:00:12] approval of unions which ties a record high set in 2022. Trust in unions exceeds trust in
[03:00:16] the Democratic Party by 20 points, 52% to 32% and workers are twice as likely to trust unions
[03:00:23] and the trust of the Republican Party 52% to 26%.
[03:00:32] Yeah, no, it's definitely a Republican plus 12 electorate.
[03:00:39] Like, where is it a Republican plus 12 electorate, Texas?
[03:00:44] Like, only, we polled rural Texans.
[03:00:51] We polled rural Texans not even Texans in like Austin. Okay. Yes. I said erector it shut the fuck up
[03:01:02] Yeah
[03:01:04] We polled 12 person towns in the Louisiana bayou
[03:01:10] And what we found will shock you
[03:01:21] R plus 25 sample size and Taylor Rico is still leading in this poll. Oh my god
[03:01:35] With leaners James Talarico goes up to 50 50 with Kim Paxton across the board with the unsure voters
[03:01:42] Talarico has a almost one point advantage over Paxton. God Paxton is so ass. It's awesome
[03:01:51] It's so awesome, Tala Frico, Tala Freaks, rise up, Tala Frico's rise up.
[03:02:04] All right, let's get back to the freaking bond market after this video.
[03:02:12] The death spiral that the U.S. control of the strait, which Donald Trump today threatened
[03:02:16] to name after himself, would lead to regime collapse or a deal.
[03:02:22] But Iran has shown a capacity so far to endure, strike back, escalate.
[03:02:27] Just ask the sailors on board the weathered USS Lincoln, at last pulling into port in
[03:02:31] Thailand today, after 286 days at sea, about 180 of them fighting a war that was meant
[03:02:39] to last just a few weeks.
[03:02:40] Oh my God, bro. Why does everybody constantly fucking post that Austin?
[03:02:46] I suppose, man, please stop.
[03:02:53] Yeah, Trump's approval is going up, guys.
[03:02:56] I promise this Harvard Harris poll is definitely good.
[03:03:10] All right, let's start here.
[03:03:13] The world's safest market is breaking.
[03:03:15] Everybody's talking about America's national debt crossing $40 trillion and the Treasury
[03:03:20] doubling its bond buyback program.
[03:03:22] But those two stories have something in common.
[03:03:24] They're both American stories.
[03:03:26] And what happened in the bond market last week, wasn't.
[03:03:29] In the same few days we saw America's 30 year rate hit its highest level since 2007.
[03:03:34] Germany's since 2011.
[03:03:36] The United Kingdom's since 1998.
[03:03:39] France is since 2008, Canada is since 2010, while Japan's hit an all-time high.
[03:03:44] That's six different countries, all feeling the same.
[03:03:47] Is this AI?
[03:03:49] There's no way, right?
[03:03:50] Why are you guys saying AI voice?
[03:03:52] He just sounds like a bot, but I don't think he is.
[03:03:54] There's no shot that this casual finance account with 1.1 million views is a AI bot.
[03:04:02] No, he's a normal guy.
[03:04:04] Okay.
[03:04:05] week. So what's being reported and what's actually happening doesn't quite line up.
[03:04:10] At some point the coincidence stops being a coincidence. The obvious answer everyone
[03:04:14] reaches for is debt. Governments borrowed too much, lenders got nervous, and now lenders
[03:04:19] want more to keep lending. But that explanation only gets you so far. Germany is the fiscal
[03:04:24] conservative of the group. They carry the lightest debt load among the G7 economies
[03:04:28] by a pretty wide margin. But Germany's long rate still hit a 15-year high anyway.
[03:04:33] Which means there's clearly more to the story.
[03:04:35] It's not something happening to just one ac-
[03:04:37] Bro this is definitely AI- oh my god this shit makes me so mad.
[03:04:43] Okay, guys.
[03:04:46] Guys, please.
[03:04:48] I fucking beg of you.
[03:04:52] We can't- we cannot keep doing this.
[03:04:55] We can't literally lose our minds
[03:04:59] Every single time we suspect something of being
[03:05:03] voiced by AI I
[03:05:05] Hate it. I hate it when I do TTS sometimes like back in the day when I would just like play a
[03:05:11] TTS script reader or just like click on
[03:05:15] Whatever is doing the narration sometimes it was AI and
[03:05:19] Everyone would fucking lose their minds and then we'd have like a like a 40 minute back and forth argument
[03:05:25] It's so goddamn annoying. I want every water supply to be eviscerated. I want a data center to
[03:05:34] doors open
[03:05:37] I want a data center to be built in your fucking backyards as someone who does not use chat GP tier or any of these fucking AI
[03:05:45] Things you make me want to start using AI exclusively so it destroys your future. I want AI
[03:05:52] I want data centers in my backyard. I can't deal with your fucking bullshit every single time
[03:05:57] I want a data center in my backyard. I want a data center in your backyard. I want data centers to exist
[03:06:05] everywhere, okay
[03:06:08] Call me data center Crowley, okay, David center
[03:06:22] You get a data center you get a data center everybody gets a fucking data center
[03:06:42] You good no, I'm not good. I'm the most anti-ai
[03:06:45] AI content creator on the fucking planet right now and my community gets
[03:06:50] insane every time they suspect something of being AI it makes me so mad shut
[03:06:56] the fuck up Jesus Christ
[03:07:01] I
[03:07:13] Dollar so goddamn annoying I
[03:07:15] Want a data center in my backyard dude. I want a data center in my neighborhood. I want it now
[03:07:19] I want it. I want it. It is the only thing that keeps me going. I can't wait for everyone's fucking jobs to be
[03:07:26] be displayed by AI. I want the entire labor force to be displayed by AI. That's what I
[03:07:33] want. I want AI Twitch streamers. I will not stop until we are all servants of the machine,
[03:07:52] Okay? Servants of Sam Altman.
[03:07:57] That's my goal. That's my dream.
[03:08:15] It's happening to everyone and it starts somewhere and nobody was looking with one very particular buyer
[03:08:21] one that sat underneath every major bond market in the world.
[03:08:25] In order to find out exactly who that is, we have to go back to the 80s.
[03:08:29] Let's pretend you own Munder Difflin, the biggest paper mill in town.
[03:08:33] You've got a star employee, his name's Dwight, 20 years on the job, never missed a shift,
[03:08:38] and a beat farmer on the weekend, solid guy.
[03:08:41] The deal at your mill is the standard for this time period.
[03:08:44] Work here long enough and when you retire the company pays you $2,000 a month.
[03:08:48] Every month, for the rest of your life, it's called a pension.
[03:08:52] For Dwight, it's a great deal.
[03:08:54] He never has to think about running out of money again.
[03:08:56] For you, the owner of the paper mill, it's a new bill, and not a bill you pay once.
[03:09:01] A bill that starts the day Dwight retires and doesn't stop until the day he dies.
[03:09:06] Might be 15 years, might be 35, nobody knows.
[03:09:09] That's the part that makes this hard.
[03:09:11] If you knew Dwight needed exactly 20 years of checks, you could set aside exactly
[03:09:15] 20 years of money and be done with it, but you don't know how long the beats are going
[03:09:19] to keep him going.
[03:09:20] So your pension problem has a very specific shape.
[03:09:23] You owe a fixed amount on a fixed schedule, stretching decades out, which means whatever
[03:09:27] you buy to cover it needs that same shape.
[03:09:30] That rules out almost everything.
[03:09:32] You can't put Dwight's retirement in stocks.
[03:09:35] Stocks build wealth over time.
[03:09:36] Dwight needs $2,000 in cash on the first of the month, guaranteed, and you can't
[03:09:41] take much risk with it because it isn't your money.
[03:09:44] You already promised it.
[03:09:45] If the market has a bad year, Dwight's check size doesn't get any smaller.
[03:09:49] So you end up buying the most boring instrument in existence.
[03:09:52] Something that pays a set amount on a set date, and has no option to stop paying.
[03:09:57] A 30-year government bond, you line its payments up against Dwight's payments, and the two
[03:10:01] schedules cancel each other out.
[03:10:03] You couldn't care less about what the bond you bought is worth tomorrow.
[03:10:06] You didn't buy that bond as an investment.
[03:10:08] You bought it to cover Dwight's pension.
[03:10:10] So while everyone argues about term premiums, whether it's a good time to be buying, and
[03:10:14] whether the Fed share sounded slightly more worried than he did last month, you're not
[03:10:18] even listening to these conversations, because the price only matters to somebody who wants
[03:10:22] to sell, and you aren't selling, that bond could get cut in half.
[03:10:26] And nothing about your situation changes, the coupons will still show up on time, and
[03:10:30] the principal will still come back at maturity, which makes you a very unique buyer.
[03:10:35] That's the Define Benefit Pension Fund.
[03:10:37] were patient, had deep pockets, were legally required to show up, and completely unbothered
[03:10:42] by price.
[03:10:43] For 50 years, traditional pension funds were the best customers of the long end of the
[03:10:47] bond market, but they're the last of a dying breed, and I'll show you how the secret
[03:10:51] force that held up the bond market for 50 years has now disappeared.
[03:10:56] But first, a quick pause for today's sponsor.
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[03:12:03] Now back to what happened to that.
[03:12:06] I love it.
[03:12:07] I love AI as you guys know already.
[03:12:11] So I love this valuable AI tool.
[03:12:15] Thank you for informing me about my newfound appreciation and love for AI.
[03:12:21] It's making me want to use this program a lot more.
[03:12:24] Secret force.
[03:12:25] I use it already of course.
[03:12:26] I love AI.
[03:12:27] Up the bond market.
[03:12:28] In 1985 the Bureau of Labor Statistics found that 80% of full-time workers at medium and large American companies were in a defined benefit plan or a pension.
[03:12:37] By 2000 that number was 36. Today that number sits around 14%. They weren't wiped out by a crash. They just weren't offered anymore.
[03:12:46] They got replaced with the 401k. One human resource.
[03:12:49] It reminds me of when chatters get mad when I look at a fucking Google AI summary.
[03:12:58] Like when when I Google search something and at the top is like the Google AI summary and people are like dude, stop looking at that
[03:13:04] It's like okay. I'll close my eyes, man
[03:13:06] Horses memo at a time which may just sound like a small paperwork change
[03:13:10] But it isn't under a pension the company owes a fixed amount on a fixed schedule
[03:13:14] So it has to go buy something to match that shape
[03:13:17] But under a 401k the company owes nothing past payday
[03:13:20] The money lands in an account with Dwight's name on it and he gets to decide where the money goes and Dwight doesn't want to
[03:13:25] by 30-year government bonds. According to the numbers from EBRI and the Investment Company
[03:13:31] Institute, more than 70% of all 401K assets sit in stocks, while standalone bond funds
[03:13:37] get about 5%, which means the biggest change in structural demand in the bond market in
[03:13:42] 50 years was caused by someone in HR named Susan.
[03:13:45] The Organization for Economic Cooperation and Development is an international organization
[03:13:50] of 38 developed countries. You can think of it as the Avengers, but for economics,
[03:13:55] its member countries. Pension funds domestic bond holdings have been cut in half, from 8 percent
[03:14:00] in 2007, down to 4 percent last year. America's own central bank said the same thing.
[03:14:06] The desk that runs the Federal Reserve's bond portfolio told the committee that ownership
[03:14:10] of Treasury securities had shifted from relatively price-insensitive official sector holders
[03:14:15] to more price-sensitive private investors, and that this could have implications for
[03:14:18] the term premium, translated out of central bank speak.
[03:14:22] The buyers who didn't ask the price are being replaced by buyers who do.
[03:14:26] And the term premium is just the new buyer's extra charge on top for tying their money up
[03:14:30] for 30 years instead of 30 days.
[03:14:33] The United Kingdom's Office for Budget Responsibility also found a similar thing happening to their
[03:14:38] government bonds known as GUILTS.
[03:14:40] Today, British defined benefit pension funds hold GUILTS worth about 27% of the entire
[03:14:46] British economy.
[03:14:47] They estimate that falls to under 6% over the long term and shifts this size cause damage.
[03:14:53] It's estimated that weaker pension demand could push the interest rate on British government
[03:14:57] debt up by around 80%.
[03:14:59] Okay, I need someone else to explain this to me.
[03:15:05] The basic law of bonds is this.
[03:15:07] When the government bonds money, it gives you a piece of paper or an electronic version
[03:15:12] saying, we owe you a million dollars if you've lent the government a million dollars.
[03:15:18] And we will pay you an interest rate, so and so many dollars, twice a year, between
[03:15:22] now and the time we pay you back.
[03:15:25] So that's what the deal is.
[03:15:27] Well, you can buy and sell that IOU.
[03:15:30] It's negotiable.
[03:15:31] And so there's a huge market around the world where people and businesses and governments
[03:15:36] can buy and sell these what they're called treasury securities.
[03:15:40] If the price goes down, you still get the same interest payment, so that means that
[03:15:45] the percentage goes up.
[03:15:47] So the price of the bond goes down, the interest goes up, that's the way it works.
[03:15:53] Now here comes the punchline.
[03:15:55] If you keep borrowing like there's no end in the world, which is United States behavior,
[03:16:01] by the way, not just Mr. Trump, although he has violated every commitment he made
[03:16:07] about getting rid of the national debt. It's gotten larger. Solving the problem, he's made
[03:16:13] the problem worse. But to be fair, Mr. Biden did his share of this also. This has been a joint
[03:16:19] project of both parties. They are afraid to tax, so they substitute by borrowing. But what people
[03:16:26] need to understand is they borrow from the rich, who else can lend to the government? You have
[03:16:32] have to be either a rich company, a rich government, or a rich individual. And so what's going on
[03:16:38] is we're collecting interest, that's the job, from all of us. Our taxes, which are then
[03:16:43] delivered to the rich people who've lent to the government. Instead of taxing the rich,
[03:16:48] which would have gotten you the money, the government could have spent it end of story,
[03:16:53] what you've done is borrowed that same money from the rich. The reason the government
[03:16:58] can borrow from the rich, it's because it didn't tax them. It's the same money only
[03:17:03] it's going to the government as a loan rather than a tax payment. For a rich
[03:17:07] person, this is a no-brainer. Which would you rather have? Pay a tax, say goodbye to
[03:17:13] the money, or make it a loan which gets paid back and pays you interest while
[03:17:18] you wait. And as this interest rate goes up to these people who the
[03:17:23] government is borrowing from, what does that mean for everyday people? People
[03:17:28] we're trying to take out mortgages. And how does the government plan to continue paying
[03:17:32] for this war in Iran as mortgage costs go up, as the cost of borrowing for regular people
[03:17:37] goes up?
[03:17:38] Let me answer the second and then the first. What the government is planning, according
[03:17:42] to Mr. Trump, is a bigger budget deficit in the year coming up than we already have
[03:17:47] this year. There is an enormous increase in defense spending or now war spending
[03:17:53] that is scheduled and no comparable increase in revenue therefore we're going to get a trillion
[03:18:00] plus dollar deficit again as we don't come to Belgium why why are you going to Belgium
[03:18:17] stay home. Why?
[03:18:30] We don't want your kind here. So fuck.
[03:18:46] revisionists. Oh, that's funny. Yeah. Yeah, the heart of the fucking European Parliament,
[03:19:04] and they despise revisionists over there, you're right.
[03:19:25] I've had now for several years, so the problem isn't going away, it's getting worse.
[03:19:31] And now to your first part. Banks in this country, let's take a very simple example.
[03:19:36] They have a lot of money they want to lend. One place they can lend it to is to human
[03:19:41] beings
[03:19:42] who want to buy a home, who borrow a mortgage, we call that.
[03:19:46] But that's usually a loan for 15, 20, 30 years.
[03:19:50] Well, the government borrows for 15, 20, or 30 years.
[03:19:54] And a bank is there for always comparing where do I make more money?
[03:20:00] If the government is deeply in debt and therefore has to pay higher interest rates, the banks
[03:20:06] are going to move their money away from the mortgage market, make it harder for people
[03:20:12] to borrow because they want to put that money to the government.
[03:20:16] And the simple reason, the government is less dangerous as a borrower than an individual
[03:20:22] family which could have a problem.
[03:20:25] So you're going to squeeze the mortgage market.
[03:20:27] It's going to hurt everybody thinking about borrowing to buy a home while they fund the
[03:20:33] government that is increasingly going into debt.
[03:20:36] It doesn't take any foresight to understand this is not sustainable.
[03:20:49] One minute.
[03:20:51] I would argue that the bond market is more important than the stock market right now
[03:20:54] Because we are seeing bond yields rise to levels that we haven't seen in decades.
[03:20:58] And remember, a bond yield is what an investor requires as a return when they lend their
[03:21:04] money to the government.
[03:21:05] And we are seeing bond yields rise in Japan, the United States, Europe.
[03:21:08] This is not just a U.S. problem.
[03:21:10] The reason it's happening now is three key factors, inflation.
[03:21:13] You hear me talk about this all the time.
[03:21:14] The war in Iran is causing energy prices to go up, and people are worried inflation
[03:21:18] is going to keep creeping up.
[03:21:20] Because of that, they're worried that interest rates are going to stay higher for longer.
[03:21:23] The Fed is kind of signaling we could get a hike
[03:21:26] before the end of the year.
[03:21:27] And then the third thing is a lot of these companies
[03:21:30] are issuing government debt to fund their AI build out.
[03:21:33] So if I'm an investor, I'm looking around
[03:21:34] and I'm saying, hey, I have all these options.
[03:21:36] Hey, I want a better return.
[03:21:38] Give me a better return for me to give you my money.
[03:21:41] What does this all mean for us?
[03:21:43] Because bond yields are rising,
[03:21:44] it's more expensive to borrow money.
[03:21:45] For the government, that means that it's more
[03:21:48] interest to service that $40 trillion of debt
[03:21:51] we've been talking about.
[03:21:52] For us, it means our mortgage rates, our car rates go up.
[03:21:56] So people are very nervous.
[03:21:57] It seems for good reason.
[03:21:58] Yes.
[03:21:59] After you say.
[03:21:59] More expensive to borrow money.
[03:22:14] A crisis is coming, but don't expect Washington
[03:22:16] to stop it because Washington needs this crisis,
[03:22:19] no matter the cost to you.
[03:22:20] Hi, I'm Jeff, editor of Global Intelligence,
[03:22:22] and I'm a financial writer for more than 30 years,
[03:22:24] 17 of those at The Wall Street Journal.
[03:22:26] Here's the game plan in one sentence.
[03:22:29] America's debt is now so large that the federal government
[03:22:32] cannot afford the interest on it,
[03:22:34] and the only way that changes is a crisis big enough
[03:22:37] to give the federal reserve the cover it needs
[03:22:39] to do what it can't do right now,
[03:22:41] slam interest rates lower,
[03:22:43] and keep them there long enough for Treasury
[03:22:45] to refinance the mess that decades of presidents
[03:22:48] and Congresses have bequeathed to us.
[03:22:51] As I explained in this video, America has hit the point where the Federal Reserve cannot
[03:22:56] raise interest rates to fight inflation, because doing so detonates an interest payments bomb
[03:23:02] inside the Treasury Department, which is exactly why Fed Chairman Kevin Warsh keeps
[03:23:07] talking like a hawk about inflation while cooing like a dove when it comes to actually
[03:23:11] raising rates to attack the inflation that's now ravaging American wallets.
[03:23:16] To manage America's spending needs, Treasury these days has no choice but to issue short-term
[03:23:21] T-bills and roll them over every few months because it's the lowest cost debt that exists.
[03:23:28] But that's operationally no different than a family borrowing from Mastercard to pay
[03:23:32] the Interest on American Express bill this month, then borrowing from American Express
[03:23:37] to-
[03:23:38] I don't get it.
[03:23:39] That's the most American thing you can do.
[03:23:40] Bro, this is AI.
[03:23:41] Your mother is AI!
[03:23:43] Your father is AI.
[03:23:49] Pay the interest on MasterCard next month, except the family knows this in bankruptcy.
[03:23:55] Everyone involved with America's debt from President Trump through Treasury Secretary
[03:23:58] Scott Besen and Fed Chair Kevin Warsh knows the US has reached the point where all they
[03:24:03] can do now is act as windbreaks hoping to keep the House of Cards intact.
[03:24:09] What they desperately need is a crisis.
[03:24:12] One that lets Warsh's Fed push interest rates sharply lower so that Besant's Treasury Department
[03:24:17] can refinance a mountain of America's IOUs with 30-year paper and finally get off the
[03:24:23] hamster wheel.
[03:24:25] Actions that have already happened tell us exactly where we're headed.
[03:24:29] Start with Scott Besant, Treasury Secretary.
[03:24:31] Last week, Besant laid out how his department will borrow money for the rest of the
[03:24:35] year.
[03:24:36] plan relies on extending the current strategy of selling short term T-bills for at least
[03:24:42] the next several quarters, his words, which is exactly the same tactic Besson attacked
[03:24:47] in 2024 when Janet Yellen used it.
[03:24:51] Now Besson is doing it too.
[03:24:52] J.P. Morgan called out this hypocrisy saying that Besson is playing quote political dynamics.
[03:24:58] What he's clearly doing is positioning Treasury to pounce the moment long term rates crash
[03:25:04] so he can swap short-term paper and lock in decades of cheaper borrowing costs.
[03:25:10] That in turn requires a Fed under Trump-appointed Kevin Warsh that's willing to play its part.
[03:25:16] At the July Fed meeting, three regional Fed presidents publicly voted to hike rates to
[03:25:21] fight persistently high inflation that his Americans strung out.
[03:25:25] Yet Warsh, who talks tough about bringing inflation back to 2%, voted to keep rates
[03:25:31] unchanged.
[03:25:32] Why?
[03:25:33] he's waiting for the same crisis. That will give him the cover he needs to slam rates lower
[03:25:38] without fighting the perception that he's a Trump toadie.
[03:25:42] Then we have Stephen Mirren, Trump's former economic advisor. Mirren wrote the intellectual
[03:25:47] playbook the administration is now running. It calls for aggressively weakening the
[03:25:52] dollar, which is far easier to accomplish inside a crisis. Finally, Congress. It
[03:25:58] can't cut spending without shrinking entitlement programs that would see constituents voting
[03:26:03] including lawmakers out of one of the cushiest jobs in America, yet it also can't raise
[03:26:08] taxes without pissing off the moneyed crowd that keeps these clowns in the circus.
[03:26:13] The only escape route left is inflating away the real value of the debt, which requires
[03:26:18] a crisis to make that politically possible.
[03:26:21] Four actors, four different problems, one shared solution, and the American people
[03:26:26] are the ones who get to pay for it.
[03:26:28] So how does this crisis form?
[03:26:30] Three ways, and all are already in motion.
[03:26:33] One, the bond market breaks.
[03:26:35] Last week, interest rates on 10-year Treasury bonds hit their highest level since Warsh took
[03:26:40] office.
[03:26:41] One bad inflation print, one Treasury auction where too few buyers show up, and interest
[03:26:46] rates spike hard enough to force emergency intervention.
[03:26:49] Two, employment cracks.
[03:26:52] Jobs have been quietly weakening as AI displaces white collar workers at a quick pace.
[03:26:57] bad pay-raw reports and unemployment shooting above 5% and Warsh suddenly has the cover
[03:27:02] he needs to start cutting.
[03:27:04] 3.
[03:27:05] A geopolitical shock big enough to break the economy.
[03:27:08] Iran gave us a hint of what's possible, but consider a Taiwan crisis that freezes global
[03:27:13] trade.
[03:27:14] A larger Middle East war that shuts down the Strait of Hormuz, something on the
[03:27:18] scale of the 1974 oil embargo which spiked energy prices and crashed the American
[03:27:24] economy here at home at the same time.
[03:27:27] In the recession that follows is deep enough, the Fed cuts rates because of dying economy,
[03:27:33] Trump's stubborn inflation.
[03:27:34] Here's what has convinced me this is the game plan.
[03:27:38] Last week, Japan's yen was crashing and Scott Besant personally intervened in the currency
[03:27:43] market.
[03:27:44] He propped up the yen so that Japan wouldn't have to dump US Treasuries, a prospect
[03:27:48] that would have sent US interest rates surging higher.
[03:27:52] Those higher rates are exactly what Treasury cannot afford.
[03:27:56] also arranged for Japan to borrow dollars from the Federal Reserve using its Treasury
[03:28:01] bonds as collateral so Japan could raise the dollars it needed without dumping a single
[03:28:06] U.S. bond into the market.
[03:28:08] So Besson stopped that crisis and he'll stop it again if he has to because that's
[03:28:13] the kind of crisis that threatens to detonate the bond inside the Treasury Department,
[03:28:18] the one that since
[03:28:19] This is not a correct explanation at all.
[03:28:21] No one is correct.
[03:28:22] Everyone is wrong.
[03:28:23] Let's take a look at what Ryan grimace and say I have to pay well the things about these finance. Oh my god
[03:28:28] It's so loud national charts when it comes
[03:28:31] To the oil prices and interest rates is when it they go up
[03:28:36] The charts get rendered in green. So you're like, oh, this is great
[03:28:41] This is going great for us a lot of green
[03:28:44] With the Japanese bonds the 10 in the 30 year and also oil prices, but spoiler
[03:28:51] probably not so good for you. Let's start with B1. This is a kind of great global
[03:28:58] debt unraveling that we're witnessing. So that green you're seeing over there,
[03:29:03] basically a record jump on the Japan 30-year note climbing over 4%, just
[03:29:11] massively increasing borrowing costs. And what it also does is when the Japanese
[03:29:19] 30 year now you can get if you write you know it's fluctuating a little bit right
[03:29:23] there isn't get about 4.2% what that means is if you're an investor and you
[03:29:29] have a French or German or American bonds that are getting less than that you sell
[03:29:36] those and you go by the Japanese ones so now what happens over then over in the
[03:29:42] US and the France and Germany those bond prices go down this is one of the
[03:29:46] things they'll teach you in finance 101. When bond prices go down, interest rates go up because
[03:29:52] it's you need to then entice people basically with a little higher interest rate to get them
[03:29:59] in.
[03:30:00] This is exactly what Donald Trump wanted to not happen. He wanted to come back in, get
[03:30:04] interest rates down, have a booming economy, even better than he felt was reflected in
[03:30:09] his first term. And so much so that he was expending significant political capital
[03:30:15] Going after Jerome Powell, like significant political capital.
[03:30:19] Trying to prosecute him.
[03:30:20] Yes, and like, not that it matters too much to him,
[03:30:23] but break...
[03:30:24] What happened to Professor Jong?
[03:30:27] He'd have a great take on this, I agree.
[03:30:29] Making all the established norms
[03:30:30] about how the president when he was really
[03:30:32] since the Nixon era were, I guess, the Cargo era,
[03:30:35] but like breaking all of these norms
[03:30:37] about how the president talks to the head of the Fed
[03:30:40] and here he is because he decided to launch the war.
[03:30:43] It's the opposite of what he was hoping to happen at this time a year ago.
[03:30:48] And.
[03:30:51] As your client's latest episode is dedicated to the list happening in the bond
[03:30:53] market is.
[03:30:57] Jesus Christ.
[03:30:58] Who's he talking to?
[03:31:03] Who's he talking to?
[03:31:08] I'm just glad that I'm not alone in this like a bond market shit that's
[03:31:12] going on.
[03:31:13] That it seems like there's a lot of appetite
[03:31:18] Don't you know a former Greek finance minister, yeah, I could I could hit him up and
[03:31:24] Be like please explain to me what the fuck is happening
[03:31:39] Roychard Wolf I
[03:31:41] I mean, the Patrick Boyle guy, I like a lot.
[03:31:45] Now, he's a very capable man.
[03:31:47] He wanted to do it.
[03:31:49] He's very good at it.
[03:31:50] He is a good touch, very good natural touch for the bonds and interest, and he did that,
[03:31:56] yeah.
[03:31:57] Have you talked to him about another type of intervention?
[03:32:00] Is that something he will be doing?
[03:32:01] We have many types of intervention.
[03:32:03] That's one.
[03:32:04] The ultimate intervention is our military, and if we have to use that, we will,
[03:32:09] yeah.
[03:32:10] Being asked about the Treasury's recent attempts to forestand the cost of government borrowing
[03:32:15] – and I'll admit that I spent a chunk of this week trying to work out how exactly
[03:32:21] you deployed the armed forces against a bond yield – I haven't yet worked that out.
[03:32:28] But hold that thought, because by the end of this video it's going to seem maybe
[03:32:32] a little bit less ridiculous than it possibly should.
[03:32:36] To understand how it all came to this, you have to start with the man running the Treasury,
[03:32:41] Scott Bassent.
[03:32:42] For most of his career, Scott Bassent was a hedge fund manager.
[03:32:44] He spent a lot of it at Soros Fund Management, where he had a hand in some really big trades,
[03:32:48] the 1992 bet against the British pound being the most famous, and then a short against
[03:32:52] the Japanese yen in 2013 that reportedly made a billion dollars.
[03:32:56] This track record built his reputation, but it's worth noting that to some degree
[03:33:00] these were other people's trades.
[03:33:02] Nonetheless, the job of a macro trader is to look at a market price, decide
[03:33:05] that it's wrong and bet on it correcting. In 2015, Besend left to run his own fund and
[03:33:10] launched T-square, with startup capital of around $4.5 billion. This was one of the biggest
[03:33:15] fund launches in history. The returns were mixed a few percent a year over the life
[03:33:19] of the fund, and investors gradually drifted away.
[03:33:37] Today Besend is the Treasury Secretary of the United States, and that is a big job.
[03:33:41] He's the President's principal economic advisor.
[03:33:43] He oversees everything from tax collection to financial sanctions.
[03:33:47] But the part of the job that matters the most for today's video is also the least glamorous
[03:33:51] part, debt management.
[03:33:52] The US government spends more than it takes in Texas, so the Treasury has to borrow enough
[03:33:56] money to make up the difference, and the Treasury Secretary has to decide how, how much to borrow
[03:34:01] short-term versus long-term, and how to run the auctions and even when to buy old bonds
[03:34:05] back.
[03:34:06] For most of the Treasury's history, the guiding principle has been to be as boring
[03:34:09] as possible, to issue debt in a way that's regular and predictable, with the
[03:34:12] goal of never surprising or upsetting the market.
[03:34:15] What Bassent has done is treated instead like a trading position.
[03:34:18] He's looked at certain prices and decided that the market has it wrong.
[03:34:21] He then put on a trade, the kind of big directional macro bet that he built his name on, except
[03:34:25] this time to trade it against the entire U.S. bond market and the money is to nations.
[03:34:30] The most famous trade Bassent was a bet against a government.
[03:34:33] Britain was trying to hold the pound at a level that the market didn't believe
[03:34:36] in.
[03:34:37] And Druckenmiller and Soros, with the cent on the desk, bet that the government's
[03:34:40] position was unsustainable and the market's price would win.
[03:34:43] It did.
[03:34:44] described it as breaking the Bank of England.
[03:34:46] In fact, I made a whole video about it.
[03:34:48] The other signature trade he was involved in was his short against the Japanese yen
[03:34:51] in 2013, and it was a bet that the currency was heading down and it was.
[03:34:55] So the true line of Bessent's career was betting on where prices were going, and
[03:34:59] at least once famously betting that a government trying to force a price against the market
[03:35:03] would lose, which is an awkward biography to bring to his current role, because
[03:35:07] in his current role he is the government trying to force a price against the market.
[03:35:11] The price, or at least one of the prices, that Bicent has decided the market has gotten
[03:35:14] wrong is the 10-year Treasury yield.
[03:35:16] With all of the news coming out of the Treasury this week, one ground news story stood out
[03:35:20] to me, China vowing to protect its own interests as the US...
[03:35:27] The spectrum covers heavily that the other is ignoring.
[03:35:30] If you care about actually understanding what's happening in the world, it's worth
[03:35:33] it.
[03:35:34] Go to groundnews.com forward slash pb or scan the QR code on screen for 40% off
[03:35:38] the vantage plan, the same one I use.
[03:35:41] Now, the 10-year Treasury yield is frequently described as the most important number in finance.
[03:35:45] And while that sounds like the sort of thing people say about everything, let me explain
[03:35:48] why both you and the government should really care about this yield.
[03:35:51] For you, it works like this.
[03:35:52] When you take out a 30-year fixed-rate mortgage, the bank doesn't just pick that rate out
[03:35:56] of 10 air.
[03:35:57] It derives it from the 10-year Treasury yield and adds a little bit on for the risk
[03:36:00] that you are less credit worthy than the US government.
[03:36:02] Car loans, credit card rates, the rate that companies pay to borrow money to
[03:36:05] build a factory, all of these are priced off of government bond yields.
[03:36:09] the 10-year goes up, the cost of borrowing goes up for everyone else.
[03:36:17] Mega hedge fund launches are rare and don't ensure lasting success. Treasury sector Scott
[03:36:21] Besant's key square is one of the handful of supersize launches that has stumbled,
[03:36:25] where he lost 90% of the hedge funds value in 2015. Oh my God! Besant had a stellar
[03:36:36] Another run is the Soros CIO for years, but by the end of 2023, he has hedge-funded loss
[03:36:40] almost 90% of its assets from the peak, assets had fallen from, fallen to $577 million after
[03:36:47] reaching a height of around $5 billion, according to the news reports and regulatory disclosures.
[03:36:54] Key Square lost money in 2017, 2018, 2020, and 2021, although the past two years have
[03:37:02] than big winners as was 2024.
[03:37:09] Sick.
[03:37:13] I mean, Trump has a lot of experience with bankruptcy,
[03:37:15] so he's, this is...
[03:37:16] The 10 year treasury is the wholesale price of money
[03:37:19] and everything else is retail.
[03:37:20] For the government, it matters for a more direct reason.
[03:37:23] The 10 year is the rate at which the US government
[03:37:25] borrows money for 10 years
[03:37:26] and the United States borrows quite a lot of money.
[03:37:29] So when that yield goes up,
[03:37:30] The government's own interest rate bill rises with it, and the government is currently
[03:37:34] sitting on more than $40 trillion of debt, on which it paid nearly $1 trillion in interest
[03:37:38] last year.
[03:37:39] At the current scale of government debt, a small move in the yield turns into a very
[03:37:42] large amount of money in interest payments.
[03:37:45] So the 10-year matters to everyone, and the bond market has decided over the summer
[03:37:49] that the correct yield is quite a bit higher than Scott Bessent thinks it should
[03:37:52] be.
[03:37:53] 30-year yields also touch their highest level in 19 years this summer too, and
[03:37:56] Bessent has decided that the market is just wrong.
[03:37:59] On the 19th of August, the Treasury made a surprise off-schedule announcement. It said
[03:38:03] that it would double the size of its long...
[03:38:05] He made his biggest gains. Oh, look, I'm not...
[03:38:10] I'm not Mr. Capitalism even though I'm wearing a suit. I'm a big business guy and I love
[03:38:14] commerce. I love shipping. Okay. I love import exports. I love duties. I love tariffs.
[03:38:20] I hate tariffs.
[03:38:22] So contrary to what you might think, judging by the book cover, I actually don't really
[03:38:28] like capitalism all that much. But it is interesting, there is an irony here that like Scott Besant
[03:38:35] made his biggest gains in his career, betting in favor of the markets and against the government
[03:38:44] regulatory forces, breaking the Bank of England as they pointed to. And now he's making
[03:38:50] the reverse bet, thinking that he can actually overcome market speculators by utilizing the
[03:38:59] government. I don't know. I don't know how this works.
[03:39:07] dated bond buybacks from a maximum of $2 billion per operation to at least $4 billion. Now, to
[03:39:12] understand why that was a surprise, you have to understand what bond buybacks normally are,
[03:39:16] because normally the most boring thing the Treasury does.
[03:39:19] And this is why you never hear anyone talking about them.
[03:39:22] The government is constantly issuing new bonds, and old ones are constantly aging.
[03:39:26] A bond issued three years ago trades way less often than one issued just last week.
[03:39:30] Traders call the freshly issued ones on the run and the older ones off the run, and
[03:39:34] the off the run bonds are less liquid, meaning they're harder to buy and sell
[03:39:37] without moving the price.
[03:39:38] So every so often the Treasury buys the old illiquid bonds back and reissues
[03:39:42] fresh liquid bonds in their place.
[03:39:44] This is just housekeeping and importantly it's normally duration neutral, meaning that
[03:39:48] they buy back a long bond and issue another long bond to replace it, and the overall shape
[03:39:52] of the debt doesn't change.
[03:39:54] Nobody writes an article about it just because it isn't really interesting.
[03:39:56] But the scent announced was quite different, buying back long dated bonds to push their
[03:40:00] price up and they yield down, and this isn't really housekeeping, it's a trade
[03:40:04] design to change an important market price.
[03:40:06] This might look like quantitative easing, but it's different in one key way.
[03:40:10] The Treasury can't print money the way the Federal Reserve can, so every bond
[03:40:13] it buys back has to be paid for, and it's paying for them by issuing short-term Treasury
[03:40:17] bills.
[03:40:18] So, the operation swaps long-term debt for short-term debt, shortening the maturity of
[03:40:22] the national debt in order to reduce long-term yields.
[03:40:25] At its core, it's a bet that long-term rates are going to fall, funded by borrowing
[03:40:28] short.
[03:40:29] Now, if that bet is right, the Treasury will get to refinance a big chunk of the
[03:40:32] rapidly growing national debt at a lower interest rate sometime in the future, which
[03:40:36] will look quite smart.
[03:40:38] But if it's wrong, if long-term rates stay high or rise, the government has
[03:40:41] loaded up on short-term debt that has to be constantly rolled over at whatever interest
[03:40:45] rate the market demands.
[03:40:47] An analyst at JP Morgan described the approach as being like paying your mortgage with your
[03:40:50] credit card, which is unkind, but it's also basically what it is.
[03:40:53] There's one other thing that you should know, and it's the part that the scent would
[03:40:56] probably prefer you didn't.
[03:40:58] Before he had this job, he was one of the loudest critics of the former Treasury
[03:41:01] secretary, Janet Yellen.
[03:41:02] He accused her at the time of running what he called an activist treasury by
[03:41:05] tilting issuance towards short-term bills to keep the long-term rates down
[03:41:09] ahead of the 2024 election.
[03:41:11] Janet Yellen and Scott Besent, we have to remember,
[03:41:13] were handed very different market opportunities.
[03:41:15] When Yellen was in the job,
[03:41:16] long-term rates were about as low as they'd ever been.
[03:41:18] Terming out or locking in per-year money at those rates
[03:41:21] would have been a huge price.
[03:41:23] The government version of the cheap fixed mortgage
[03:41:25] millions of Americans locked in back then
[03:41:27] and are still sitting on today.
[03:41:28] She argued at the time that she was protecting the trust
[03:41:31] that keeps borrowing cheap forever
[03:41:32] rather than rating the market for a one-off win.
[03:41:35] Besent does not have Yellen's opportunity.
[03:41:37] He can't issue bonds at once-in-a-generation
[03:41:39] low rates.
[03:41:40] He's instead suppressing a yield he's decided is simply too high, on a bet that rates will
[03:41:44] fall from where they are today, and he's spending it on a much smaller, far less certain price.
[03:41:48] It's a very strange trade, with modest upside and plenty of downside.
[03:41:52] The cent accused Yellen at the time of politicizing the Treasury by doing the Fed's job.
[03:41:56] Now whatever you make of that charge, it's a remarkably precise description of what
[03:41:59] he appears to be doing right now himself.
[03:42:02] His buybacks are designed to push long-term yields down by manipulating supply and easing
[03:42:06] financial conditions through debt management.
[03:42:08] debt management, it seems is a grave distortion of free markets right up until the moment
[03:42:12] that you're handed the keys of the treasury, at which point it becomes prudent liability
[03:42:16] management.
[03:42:17] The 10-year is only the first price that Basend has decided the market is getting wrong.
[03:42:20] It turns out that he does have a bit of a list.
[03:42:22] Now if you're going to pick a fight with the bond market, it doesn't hurt to have
[03:42:25] the backing of people who really understand macro trading, and for Scott Basend there's
[03:42:29] one person whose opinion carries more weight than anyone else's, Stanley Druckenmiller.
[03:42:33] Druckenmiller is one of the greatest macro investors who's ever lived.
[03:42:36] He ran money for George Soros, then ran his own fund to Kenzie for 30 years without a single
[03:42:40] losing year, which is not supposed to be possible.
[03:42:43] He was also for years Scott Besend's boss and mentor, and Besend has never been quiet
[03:42:47] about this.
[03:42:48] Last year, in an interview with the FT, Besend said that in macro there's Stan and
[03:42:52] there's everyone else.
[03:42:53] In another interview he described Druckenmiller as the greatest money-making machine in
[03:42:56] history, a man with Jim Rogers' analytical ability, George Soros' trading ability,
[03:43:01] and the stomach of a riverboat gambler.
[03:43:03] So it can't have been a pleasant morning at the Treasury when Scott noticed that his mentor had published a piece in the Wall Street Journal titled, Let the Bond Market Speak, which walked through in detail why his former protege's intervention was a terrible mistake.
[03:43:15] The op-ed got attention for two reasons.
[03:43:17] Drama!
[03:43:18] And the first was the writing. Readers took one look at it and concluded that a chatbot had done most of the writing.
[03:43:23] Druckenmiller didn't even deny it when he was asked. He said, of course he'd used AI, and he wasn't at all embarrassed, which is fair enough.
[03:43:29] Oh, I remember this
[03:43:39] Yeah
[03:43:41] I'm talking about stats like it's build an NBA player.
[03:44:00] D's were his and the ideas were right.
[03:44:02] It's just maybe a little bit awkward that a plea to let authentic market signals come
[03:44:06] through unfiltered was itself filtered by AI.
[03:44:09] Anyhow, Druckenmiller's central point in his op-ed was that the buyback wasn't liquidity
[03:44:13] management at all.
[03:44:14] It was an attempt to change a number that the government doesn't like, dressed up as routine
[03:44:18] market plumbing.
[03:44:19] And the tell, he said, was in the Treasury's own justification.
[03:44:22] The Treasury defended the operation as support for a part of the market with strong, healthy
[03:44:26] demand, which is a strange thing to step into rescue.
[03:44:29] Because obviously, strong demand is what a working market looks like, and you don't
[03:44:32] need to buy up something if there's already strong demand for it.
[03:44:35] Druckenmiller went through the evidence that nothing was actually broken.
[03:44:38] There were no failed auctions, no dealer seizing up, no...
[03:44:42] I just assume he's blinking extra hard every time he puts a B roll.
[03:44:46] Or like a, like an article highlight or something.
[03:44:50] Okay, that's it.
[03:44:53] He's just not, he's not blinking when the cameras are on him, but he's just, his
[03:44:57] eyes are closed completely throughout the process.
[03:45:04] Foreselling, none of the genuine breakdowns seen in Treasuries in March 2020 or UK Gills
[03:45:18] in 2022 that might justify the government stepping in.
[03:45:21] Trading was orderly.
[03:45:22] The market was working.
[03:45:23] It was just producing a price that the Treasury Secretary didn't like.
[03:45:26] Next, Druckenmiller laid out what that price is actually responding to.
[03:45:30] Inflation has been above the Fed's target for five years now.
[03:45:32] economy is at full employment, the government is running a deficit near 6% of GDP, which
[03:45:36] America has never done in peacetime. The national debt crossed $40 trillion the same week that
[03:45:41] the percent intervened, and the annual interest bill was on track to pass $1.1 trillion, more
[03:45:46] than the entire defence budget. I guess the solution to that might be to boost the defence
[03:45:49] budget, but anyhow.
[03:45:51] Druckenmiller argued that the bond market wasn't being a vigilante, it was being
[03:45:54] a pushover that had finally started to grumble, and the Treasury moved to shush it.
[03:45:58] The sharpest point was about what a bond yield is actually for.
[03:46:02] A rising long-term yield, he argued, is the lasting left in Washington that forces politicians
[03:46:06] to deal with the deficit, because neither party will touch spending or taxes until the
[03:46:10] pain becomes visible, until mortgage rates buy and auctions go badly.
[03:46:14] Suppress the yield, he said, and you switch off the alarm, which lets everyone carry
[03:46:17] on pretending that the debt is someone else's problem.
[03:46:20] Every basis point you push down artificially, he said, is a subsidy to procrastination.
[03:46:23] Now, before you write this off as a partisan hit, Druckenmiller has aimed this same
[03:46:27] argument across the aisle for years. He toured into the last administration over the mirror
[03:46:31] image failure, and he's now turning the same principle on the man he mentored. If nothing
[03:46:35] else, he's consistent. The Treasury appeared to ignore the message. Instead of easing
[03:46:39] off, the Senate went on television and said that the department had a big toolkit and
[03:46:43] asymmetric information at its disposal, and hinted that the buybacks could grow well
[03:46:47] beyond the $4 billion minimum.
[03:46:50] Asymmetric information is its worth noting an interesting phrase for him to use.
[03:46:53] It's the sort of thing a trader says about a counterpart he's trading against.
[03:46:57] Coming from the government about the market it's supposed to borrow from as a neutral
[03:47:00] issuer, it's a somewhat startling term to reach for, but we'll let that one go for
[03:47:04] now.
[03:47:05] Shortly afterwards CNBC reported that the Treasury was considering using the Treasury
[03:47:09] general account to fund even bigger purchases.
[03:47:11] Now to see why that raised agris, you need to know what the TGA is.
[03:47:15] It's basically the federal government's current account held at the Federal Reserve.
[03:47:18] It's the account the taxes flow into and things like salaries and government spending
[03:47:21] flow out of.
[03:47:22] The cent has built it up to around $950 billion, which is a lot higher than
[03:47:26] prior governments kept it at. Using the government's day-to-day checking account to buy long-term
[03:47:30] bonds and prop up their price is a very unusual idea. The Treasury's own advisory committee
[03:47:35] has noted that the government pays out hundreds of billions every week just to function, and
[03:47:39] that only a couple of hundred billion of that balance is really a safety buffer. There's
[03:47:43] a word for spending your rent money to day-trade your own IOUs because you didn't like
[03:47:47] the price the pawn shop quoted, and it isn't cash management.
[03:47:51] Now Druckenmiller flagged this in his op-ed, too. Once the market is sure a government
[03:47:54] is defending a particular price, he argued, every rise in yields becomes a test of official
[03:47:59] resolve, and the intervention has to keep growing just to survive to the next test,
[03:48:03] which is a grim spot for the Treasury to be in.
[03:48:06] So what happens when the government runs out of money?
[03:48:12] Because the traders on the other side can see it as clearly as he can.
[03:48:15] As he put it, government's defending prices against fundamentals always lose.
[03:48:19] The only question is how much money they burned through before conceding.
[03:48:22] This brings us back to the matter of enforcement.
[03:48:24] If swapping bills doesn't work and spending the checking account doesn't work, you're
[03:48:28] left wondering what other tools the administration might have in mind.
[03:48:31] Now, I'll be honest, I'm still not exactly clear on how the whole military intervenes
[03:48:35] against a bond marketing work, so I don't know whether the Army maintains a dedicated
[03:48:38] fixed income squadron or what the rules of engagement are for suppressing a yield.
[03:48:42] You can't really call in an airstrike as far as I know under 30 years, though
[03:48:45] I suppose if anyone were going to try it, it would at least make the quarterly
[03:48:49] refunding announcements a bit more exciting to watch.
[03:48:52] Now the second price that Scott is fighting is the price of imported goods.
[03:48:56] Though here he shares the desk with the rest of the administration, which has spent the
[03:48:59] past week in a rather lively trade dispute with Canada.
[03:49:02] On Friday night, trade talks between Washington and Ottawa collapsed, and the US imposed
[03:49:06] 50% tariffs on around $20 billion of Canadian goods.
[03:49:09] Trump also announced that tariffs on Canadian cars and car parts would rise to 50%.
[03:49:14] Canada said that it would retaliate dollar for dollar.
[03:49:16] The diplomacy that followed was spirited to say the least.
[03:49:19] signed an executive order changing the official name of Lake Ontario to Lake America, explaining
[03:49:24] that he was doing it because the United States didn't expect to be doing much business with
[03:49:27] Ontario any longer. This is, of course, the second body of water that he's renamed having
[03:49:31] started with the Gulf of Mexico last year. He seems to be developing quite a taste for
[03:49:35] this, telling reporters that he now needs an ocean and that maybe he'll rename the
[03:49:38] Atlantic or the Pacific. I'm in truth mildly surprised that none of them have been
[03:49:42] named after him yet, but perhaps he's saving that for the Pacific. From there,
[03:49:46] The rhetoric warmed up nicely.
[03:49:47] The vice president giving a speech in Maine made a point of referring to Canada as a state
[03:49:51] and then pretended to catch himself and blamed our Freudian slip, before adding that Canada
[03:49:55] would quite literally be invaded were not for the American protective umbrella.
[03:49:58] The premier of Ontario, the vice president of Canada, Russia, who's invading Canada?
[03:50:05] If there's any country that is perhaps most likely to invade Canada, it's us.
[03:50:13] We are the ones who are threatening the invasion and military annexation of Canada.
[03:50:22] While it's obviously going, if it wasn't for us, you'd be invaded.
[03:50:24] He could kiss my ass and threaten to charge triple for the oil,
[03:50:28] potash, and uranium that Canada sent south and to stop a surcharge on the electricity
[03:50:31] that heats a good chunk of the northern United States.
[03:50:34] So regional diplomacy is progressing smoothly.
[03:50:37] In today's step, Scott Bassent, who went on television to attack Mark Carney directly,
[03:50:41] accusing him of running an anti-American anti-Trump playbook.
[03:50:44] Now, this isn't the first time he's picked this fight,
[03:50:46] which seems somewhat outside of his remit as Treasury Secretary.
[03:50:49] Yeah, why wouldn't he run an anti-America and anti-Trump playbook?
[03:50:55] It is unbelievably electorally beneficial for him to do so.
[03:50:59] He literally won on the anti-America anti-Trump playbook.
[03:51:03] Here's the best possible way to eradicate that as a tool for leaders of foreign nations.
[03:51:11] Stop being a fucking asshole!
[03:51:13] Stop saying that you're gonna invade
[03:51:15] insert whichever country you're saying you're gonna invade, in this case Canada.
[03:51:23] Back in January after Carney gave a famous speech at Davos that went down rather well with the rest of the world
[03:51:28] and was widely read as a jab at Washington,
[03:51:30] Percent went on Fox News and claimed that in a call with Trump,
[03:51:33] Carney had been very aggressively walking back those remarks.
[03:51:36] Kearney's response the next day was to say more or less while rolling his eyes that
[03:51:39] he told the president he had meant every single word.
[03:51:42] This is a particularly odd fight to pick when the man on the other end is Mark Kearney.
[03:51:46] The sense assessment of him around the same time was that he'd seen what happens when
[03:51:49] a technocrat tries to pivot and become a politician, and that it never really works
[03:51:53] out well.
[03:51:54] The technocrat in question, of course, ran the Bank of Canada through the financial
[03:51:57] crisis and the Bank of England through Brexit.
[03:51:59] So if Canada is heading into a rough patch, which it probably is, it's at least
[03:52:02] being run by someone who's seen a few crises already.
[03:52:05] Connecticut isn't a sense real problem though. His real problem is the arithmetic. Canada is America's
[03:52:11] Holy shit. Netherlands moves 86 tons of gold from US and Canada to UK citing geopolitical unrest.
[03:52:22] Americans have the highest level of distrust in their government in two decades voicing
[03:52:25] bipartisan frustration with the countries institutions and people who run them.
[03:52:28] them. This is why I laugh when the sample was like plus 12 Republican. Look, I know there's
[03:52:41] a lot of stupid out there, okay? I know. But even stupid people are frustrated with this
[03:52:48] goddamn government, okay? Even they understand that there is like something a little off
[03:52:54] about God. I mean Trump, I mean God. They're like, you know, it's really cool that God is now running
[03:53:01] the show. I love him. He is my God. But I really wish that, you know, gas wasn't five dollars,
[03:53:08] six dollars a gallon.
[03:53:09] Even stupid people understand when their wallets are hurting.
[03:53:26] Okay?
[03:53:28] Second largest trading partner and in a lot of industries the two economies aren't separate
[03:53:36] markets at all, as they're so deeply integrated. In the car industry, a single component can
[03:53:40] cross the border several times before the vehicle is finished. Put a 50% tax on a parked
[03:53:44] across the beach or at river three times during assembly, and you haven't punished
[03:53:47] a foreign rival, you've just made American built cars dramatically more expensive to
[03:53:51] build and to.
[03:53:52] FDA notices doing more work to the Democratic Party to demonstrate this brand to give
[03:53:56] credit to the Kamala Harris headquarters. Headquarters account is actually run by
[03:54:00] Kamala Harris's campaign, I believe, like it's a Kamala Harris account. And they are the
[03:54:06] ones who keep posting facts, fact post news, I think is like literally a part of the DNC
[03:54:12] and they keep pumping the FDA notices. So this is one area where the Democrats are actually
[03:54:17] doing a very good job. This is one area where the Democrats are unironically doing
[03:54:22] a very good job by highlighting some of the issues. And apparently they're so good that
[03:54:36] yeah, DNC funded trolls trying to spread hysteria, more misleading clickbait recalls mean federal
[03:54:40] government is doing his job, more fear mongering slot from the DNC funded clickbait accounts.
[03:54:45] And it's always RFK Junior's face next to the fucking recalled item. It's so funny. Oh, they're mad. They're big mad.
[03:54:57] Back post is the one hot lady that dunked on Stephen Miller from the DNC, Hasan's DNC contact. Okay, chill.
[03:55:04] chill. One hot lady is crazy way to refer to the DNC social media person. Okay, she's
[03:55:17] married now. She's married, calm down. Swagapinos rise up. She's a Swagapino.
[03:55:34] Is she awesome? I've had I believe so this one's exceptional because this works
[03:55:44] in either direction it's either the dog food is recalled recalled or or
[03:55:51] something far more nefarious RFK junior is looking at the dog and going yum I
[03:55:59] I would like to eat this dog after he's done with his puppy chow.
[03:56:05] Puppy chow means something entirely different in the RFK junior household.
[03:56:13] It's when you chow on puppies.
[03:56:20] I'll credit the McKinley letter.
[03:56:24] My favorite one I've done so far chocolate eyeballs in 13 states have been recalled
[03:56:33] Over undeclared allergens
[03:56:39] I love this one
[03:56:40] I think he wants to kill me I think the ogre is trying to Kirk me out
[03:57:10] out. RFK Juniors holding a cooked dog in one of them, maybe open off window. Yeah, I remember
[03:57:26] this one. I don't even think it was a dog though. I think it was a goat for the record.
[03:57:36] I don't know if I believe it, but allegedly it was a goat, not a dog.
[03:57:45] And this is the part that's often forgotten in these trade negotiations.
[03:57:48] A tariff is just a tax paid by Americans, not by Canadians.
[03:57:52] The importer who brings the part across the border pays it and the cost lands in the
[03:57:55] sticker price of the finished car.
[03:57:57] Tariffs on essential imports from your closest trading partner do one thing reliably.
[03:58:01] They raise production costs and they push consumer prices up.
[03:58:04] They'll reduce demand for Canadian goods without a doubt, but if there's no American
[03:58:08] manufacturer making the same thing, the part just gets imported either from Canada at a
[03:58:11] higher price or from somewhere else also at a higher price.
[03:58:14] This brings us straight back to the bond market.
[03:58:17] Inflation is the natural enemy of a bond investor.
[03:58:19] If investors think tariffs and retaliation and energy fights are going to keep inflation
[03:58:23] running closer to 4% than 2, they'll demand higher yields to lend the government
[03:58:26] money for 10 or 30 years.
[03:58:28] So would one-hand percentage running surprise treasury buybacks and eyeing the government's
[03:58:32] checking account, all to force long-term yields down. With the other, the administration he
[03:58:36] serves is running multiple policies that feed the very inflation that's pushing those same
[03:58:40] yields up. I described this in a prior video as being the equivalent of flooring the accelerator
[03:58:44] in your car while hauling on the handbrake. It just doesn't work. The economists put
[03:58:48] the strategy plainly this week, writing that the Bessens' actions may not amount to much
[03:58:52] in the long run, but might squeeze yields down a little, at least until the midterms,
[03:58:56] a brazen politicization of the treasury market, they say. And that may be the whole
[03:59:00] point. If the aim is just to hold yields down for the 10 weeks between...
[03:59:03] Why watch a boiled video if anything you add devolves this? Why are we pretending to care
[03:59:06] about pricing government's reaction to this? What is this?
[03:59:11] Brother, what do you mean? Do you think it's not valuable to try to understand what the fuck's
[03:59:15] going on? What is the problem?
[03:59:18] Between now and the November elections, then aggressive buybacks and a bit of television
[03:59:21] bluster might be enough to keep 30-year mortgage rates under 7% until people have voted.
[03:59:26] But kicking the can down the road doesn't change the road ahead. Once the midterm
[03:59:30] pass, the inflation and the $40 trillion debt pile are still standing there waiting.
[03:59:34] So the trade war pushes inflation up and inflation pushes the interest rate percentage fighting
[03:59:38] up with it, which means both of his wars are now fighting each other.
[03:59:42] If the military is the ultimate intervention.
[03:59:44] Kind of like the Ukraine war and the allowances that Trump has given to Ukraine in terms
[03:59:51] of attacking Russian energy infrastructure is hurting his chances of opening up the
[03:59:59] straight of hormones or rather hurting his leverage that he might potentially have over
[04:00:03] the straight of hormones because that increases the volatility in the energy markets. He keeps
[04:00:08] burning the candle on both ends on every single issue.
[04:00:16] I genuinely don't know what the fuck the goal is. I don't know where we're going
[04:00:20] with any of this shit.
[04:00:23] Yonis Varifakis claims to understand the the motivated reasoning.
[04:00:30] He claims to understand the motivations.
[04:00:36] My kitten keeps trying to attack you on my TV when you go small
[04:00:39] in the corner of the screen.
[04:00:40] What if I do this?
[04:00:50] Yeah.
[04:00:53] Yeah.
[04:00:56] Yeah.
[04:00:59] Yeah.
[04:01:02] Yeah.
[04:01:05] Yeah.
[04:01:08] Yeah.
[04:01:11] Do the.
[04:01:13] What is this? Do the tis tis tis sound? How do they.
[04:01:16] cat left the room. That's the that's the cat that's in heat. That was that was the cat in heat sound.
[04:01:35] This is presumably where it deploys, though I still can't picture the operation.
[04:01:47] You can blockade a port.
[04:01:48] I'm not sure how you can blockade a 10-year yield that's simply responding to a arithmetic,
[04:01:52] but it doesn't matter.
[04:01:53] It's not my job.
[04:01:54] It stops.
[04:01:55] And that brings us to the third front in the sense campaign and the one place where
[04:01:59] we don't have to imagine a military deployment because there is a real one underway
[04:02:02] already.
[04:02:03] States has been at war with Iran since February.
[04:02:05] And I'm declared war since Congress has never actually
[04:02:07] voted on it, but a war nonetheless.
[04:02:09] And that war has settled into a stalemate.
[04:02:12] There's a naval blockade on Iranian ports.
[04:02:13] Oil exports have been squeezed hard.
[04:02:15] And energy prices have climbed, which
[04:02:16] feeds straight back into the inflation that's
[04:02:18] been tormenting the Treasury market.
[04:02:20] So having discovered that a shooting war hasn't brought
[04:02:22] petrol prices down, the administration
[04:02:24] decided to open a financial front.
[04:02:26] Now, Scott Bessent trailed it in a Financial Times
[04:02:29] op-ed, promising what he called an economic d-day,
[04:02:31] the single greatest financial offensive ever marshaled against an adversary.
[04:02:35] He said that the objective was to sever every economic lifeline until Tehran stands alone.
[04:02:40] Trump, for his part, said Iran was completely collapsing.
[04:02:43] Expectations, I think it's fair to say, were quite high.
[04:02:45] On Monday, Bassent held a press conference to unveil the offensive, which the administration
[04:02:49] gave the name Operation Economic Outcast.
[04:02:52] The single greatest financial offensive ever marshaled against an adversary turned out
[04:02:56] to involve sanctioning around 60 individuals, ships, and companies, and naming five
[04:03:00] sectors of the Iranian economy, digital assets, gold, aviation, technology, and shipping for
[04:03:04] possible future pressure. When reporters asked about the one weapon that might actually force
[04:03:08] Iran's hand, secondary sanctions on the country still buying Iranian oil, Besent said the US
[04:03:13] would give those countries a defined timeline to stop, but declined to name a single deadline.
[04:03:17] Besent himself called the announcement a warning shot. One outlet described
[04:03:21] the highly anticipated remarks as, in effect, a stern advisory. Iran's chief negotiator
[04:03:26] called the threats empty boasting and said that the U.S. was not in an economic position
[04:03:30] to further restrict its relations with other countries. Now, I'm no historian, but I can't
[04:03:34] help but feel that this isn't exactly how D-Day was described in the history books,
[04:03:38] empty boasting. It did, however, seem like the moment that the reserves might finally
[04:03:43] be called up, and I'm pleased to report that something that looked like military
[04:03:46] reinforcements arrived.
[04:03:48] So I wanted to go on record saying that I am ready to rise to the defense of
[04:03:51] the bond market. In fact, let me put on my helmet and just let me make a declaration. We shall fight
[04:03:57] on the Bloombergs. We shall fight on the financing rounds. We shall fight in the yields and on Wall
[04:04:01] Street. We shall fight in the T-bills. We shall never surrender. Reporting for duty. Now, that's
[04:04:06] the Nobel laureate. I think Paul Krugman has slowly lost his damn mind. It was really funny
[04:04:13] when someone was like, yo, look at this YouTuber guy who's like explaining this complex subject.
[04:04:18] I was like, that's Nobel Prize winner Paul Krugman, man.
[04:04:25] Paul Krugman, he does seem to be wearing a saucepan on his head, but he equally is reporting
[04:04:40] for duty.
[04:04:41] So the general staff is, I guess, assembling.
[04:04:43] I still can't quite picture the campaign, but morale is at least holding up amongst
[04:04:47] the troop. Now, the reason that the send flinched from using the one weapon that might matter
[04:04:52] isn't really all that hard to work out, and you more or less admitted it. When asked why
[04:04:56] he wasn't naming names or dates, he said, and this is a real quote, why would I want
[04:05:00] to blow up the global financial system? The issue is, of course, China. China buys around
[04:05:04] 90% of Iran's crude exports. If you want to actually stop Iran from selling oil,
[04:05:08] the country you have to sanction is China. You'd have to force Chinese banks to
[04:05:11] choose between doing business with Iran and having access to the US dollar.
[04:05:16] Yeah, good luck with that
[04:05:20] The track is on piker Twitter account is kind of confusing me
[04:05:25] He is so brave
[04:05:28] Dude it is kind of crazy how much these
[04:05:35] Like how much these accounts get immediate prestige
[04:05:39] There are so many accounts like this
[04:05:44] I just the thing I don't understand is like does the average person not realize how insane this is
[04:05:55] You know what I mean like there's DSA watch is track piker there's track is Sompiker
[04:06:01] There's like a million fucking accounts with Kaia in the username
[04:06:06] Some of which are larping his kaia, some of which are just like straight up so mentally unhinged, but like
[04:06:13] What I don't understand about it
[04:06:16] What I don't understand about it is like does the average person not see that maybe click on their you know
[04:06:23] Replies and realize like oh my god this account straight up
[04:06:29] Exclusively talks about his son piker
[04:06:36] I think the average user only sees one or two of them unless they're in your community
[04:06:47] and therefore doesn't connect the dots that they're basically doing smearbot behavior.
[04:06:58] The average person I feel has entirely checked out of social shit and too busy watching
[04:07:02] AI videos on Facebook.
[04:07:03] That's true.
[04:07:05] I guess that's true.
[04:07:06] internet theory is no longer a theory. This has aura. They're getting clowned on in the
[04:07:14] replies. Track a Sompiker crime advocate Nebo Baby. I'm pro stealing. A Sompiker endorses
[04:07:20] crime. You posted this at 2 AM your time. Get a job.
[04:07:31] I
[04:07:38] These two I happen to jig on Pierce Morgan when he tried to defend you
[04:07:46] No
[04:07:48] Let me play let me play let me play a little mashup of your nephew chain has a bike
[04:07:53] Yes, and the controversial things he said
[04:07:57] Sorry
[04:08:01] No, no, no, no, no, no, no, no, no, no, shaky, Gerga was too shaky on down.
[04:08:23] Oh, no, there were as always many fun moments on today's Piers Morgan program.
[04:08:26] But my favorite by far was when Jacob Luger, who's passion everyone should try
[04:08:30] replicate got so excitable that his chair collapsed. Oh, no. He is going insane. I don't
[04:08:47] care about this shit, dude. I'm sorry. I just, I got so many like, I got government ops,
[04:08:53] man. I'm sorry. I got motherfucking government ops. I can't care about Ethan Klein, dude.
[04:08:59] would you peers have you on re black is it no peers always wants me on I'm the
[04:09:07] one who doesn't want to go on peers because I don't want to fucking get
[04:09:11] into a shouting match
[04:09:16] here's Morgan was interesting before Palsama settled publicly but now it's
[04:09:19] just brain rot yeah
[04:09:29] Now that would indeed be a dramatic escalation to an undeclared war, and it could quite possibly
[04:09:35] bring down the global financial system.
[04:09:36] It would also be politically impossible to do right now for a much simpler reason.
[04:09:40] Donald Trump is hosting Xi Jinping for a state visit on the 24th of September, at which
[04:09:44] point the two governments hope to advance a trade deal.
[04:09:47] You can't credibly threaten to expel China from the dollar system in the same month
[04:09:51] that you're trying to sign a deal with.
[04:09:52] Iran's negotiator can see this as clearly as anyone else can, which is why he's
[04:09:56] cheerfully betting in public that America can't afford to pull the trigger.
[04:09:59] So that's the first hole in the economic blockade.
[04:10:02] Iran's biggest customer is one you've decided not to touch.
[04:10:05] But there's a second hole, and it's one that the administration created itself.
[04:10:09] While one part of the government is trying to cut Iran out of the global financial system,
[04:10:12] another part has spent the last two years building and blessing the very financial
[04:10:15] rails Iran uses to get around it.
[04:10:18] Cryptocurrency.
[04:10:19] Crypto has always had a somewhat awkward relationship with the law, in that it
[04:10:22] was specifically designed to work around the law.
[04:10:24] One of its central selling points has always been that crypto transactions don't
[04:10:27] rely on the banking system or any intermediary that a government can lean on. There's no
[04:10:31] institution in the middle to freeze an account or block a payment. The catch is that a borderless
[04:10:35] censorship-resistant payment system turns out to be extremely useful to the very people
[04:10:39] that the US government is trying to censor.
[04:10:42] Last May, the Wall Street Journal published an investigation into how this works in practice.
[04:10:45] It found that a key Iranian regime financier named Babak Senjani, a man who cheerfully
[04:10:50] describes himself as an anti-sanction operator, ran a network that moved around $850 million
[04:10:55] through Binance over a two year period, mostly through a single trading account to help finance
[04:11:00] Iran's Revolutionary Guard.
[04:11:02] Binance-
[04:11:03] That's so crazy.
[04:11:04] He caught the man who calls himself the anti-sanctions guy.
[04:11:08] Wow, that is wild dude, holy shit.
[04:11:11] His own internal compliance team flagged the account repeatedly, but it stayed open
[04:11:16] anyway.
[04:11:17] Now, you might expect an administration preparing an economic D-day against Iran
[04:11:20] to take a dim view of an exchange deal.
[04:11:22] He was going beast mode, as they said.
[04:11:27] Yeah, I can't believe Mr. Sanctions Evader 49 was evading sanctions for the IRGC.
[04:11:40] And Sanctions Buster was using as a payment artery.
[04:11:42] Instead, the administration has been the crypto industry's most enthusiastic patron.
[04:11:47] Trump even pardoned Binance's founder, CZ, who had pleaded guilty to an anti-money
[04:11:51] laundering violation and served four months in prison. And Trump signed the Genius Act,
[04:11:55] the first big piece of US crypto legislation, which builds a federal framework for stable
[04:11:59] coins. The way this links back to Scott Besant is that the Genius Act requires stable
[04:12:03] coin issuers to back their coins one-for-one with liquid reserves, and the reserve asset
[04:12:07] of choice is short-dated US Treasury bills. Besant has said out loud that he expects
[04:12:11] Babak Zanjiani embezzled from the Iran government and he was in prison for a while.
[04:12:15] Damn, bro.
[04:12:17] Who hasn't this guy fucked over?
[04:12:19] What do you mean?
[04:12:22] So we embezzled funds from the Iranian government while also simultaneously
[04:12:25] evading sanctions in June of a billion dollars through Binance.
[04:12:30] The staple coin market to grow enormously to something like two trillion dollars
[04:12:33] and that this will create a large new source of demand for the short term
[04:12:36] Treasury bills that the Treasury is now busy issuing to buy back longer
[04:12:39] data bonds. What this means is that the same crypto system that helps Iran evade the sanctions
[04:12:44] is also being cultivated to help finance the Treasury's bond strategy. Descent needs the
[04:12:48] thing that he's supposed to be shutting down. Critics have a name for the sector that a
[04:12:52] genius act creates, a digital shadow banking system. So we have a Treasury secretary claiming
[04:12:57] to be running an economic blockade against Iran while the US government deregulates
[04:13:00] and grows the shadow banking system Iran uses to work around it. It's a bit like
[04:13:04] building a very expensive border.
[04:13:05] Let's go for North Korea, too.
[04:13:08] Again.
[04:13:09] Again.
[04:13:10] Chadi Pondon.
[04:13:15] He is the number one bricks enjoyer.
[04:13:17] No wonder somebody that was right when you counts are like bricks report.
[04:13:21] You know, they talk about Burkina Faso.
[04:13:25] They love Donald Trump.
[04:13:26] And they love China and Iran weirdly enough.
[04:13:29] And it kind of makes sense.
[04:13:31] Like, for the longest time I would look at those accounts and I'd be like, why
[04:13:33] Why the fuck is this like right wing libertarian guy so invested in the bricks?
[04:13:40] And now I'm getting it.
[04:13:41] They were actually honest.
[04:13:43] They were correct.
[04:13:44] They had identified Donald Trump as the bricks enjoyer himself, takes one to no one.
[04:13:52] In between tweets about how Burkina Faso was making its own tomato cans or whatever,
[04:13:58] they would talk about how Donald Trump is great.
[04:14:02] And it turns out it's because Donald Trump was responsible for Burkina Faso's domestic
[04:14:06] industry, domestic manufacturing of tomatoes.
[04:14:10] Yeah, I bet you didn't know that, did you?
[04:14:16] Yeah, Ibrahim Teroy is who you think is responsible.
[04:14:21] It turns out it's actually Don, big Don.
[04:14:24] Oh, and then every 50 yards installing a revolving door and taking a cut.
[04:14:28] They're calling him Donald Trump-Kara style, so anyhow.
[04:14:38] Big Don-Kara.
[04:14:39] Now, we have a blockade with two great big holes in it, both of them deliberate and a
[04:14:43] Treasury Secretary who can't fully close either without hurting himself.
[04:14:47] If the military really is the ultimate intervention, I assume that the next move is sending in
[04:14:50] the Navy SEALs to seize Iran's private keys.
[04:14:52] I'm not sure which branch is best trained to breach a cold storage wallet, but on
[04:14:56] current form, I'd assume it's under review. This all brings us to the last and largest
[04:15:00] problem facing the Treasury Secretary, the other person in Washington who controls interest
[04:15:04] rates, and who happens to command a far bigger balance sheet, the Chair of the Federal Reserve,
[04:15:08] Kevin Warsh. While Bessent has spent the last few weeks trying to convince TV audiences
[04:15:12] that the market has the long-term yield wrong, Warsh was in Wyoming for the Fed's
[04:15:15] annual symposium at Jackson Hole this week. Investors had been waiting for his speech
[04:15:19] wondering whether the newly installed Fed chair might offer a few soothing words
[04:15:23] to help the Treasury pull borrowing costs down.
[04:15:25] Kevin Warsh unfortunately did nothing of the sort.
[04:15:27] He pointed out that inflation has now run
[04:15:29] above the Fed's 2% target for 65 months in a row,
[04:15:32] with the Fed's preferred measure sitting at 3.7%.
[04:15:35] He said that the Fed's predominant focus right now
[04:15:37] should be on prices.
[04:15:38] He added that he'd be hard-pressed
[04:15:40] to describe financial conditions as restrictive,
[04:15:42] which in plain English means that he doesn't think rates
[04:15:45] are high enough to be doing their job.
[04:15:46] And he warned that unless inflation moved
[04:15:48] toward target clearly and quickly,
[04:15:50] the Fed would have work to do.
[04:15:51] In FedSpeak, we have worked to do, doesn't mean cutting rates to help the Treasury fund
[04:15:55] the deficit.
[04:15:56] It means the exact opposite.
[04:15:57] And the market understood him instantly.
[04:15:59] The odds of a rate hike at the Fed's September meeting jumped to 60% right after the speech,
[04:16:04] from 35% the day before.
[04:16:06] Short-term yields rose.
[04:16:07] So, the one man who could have helped us end out instead pointed firmly at the exit.
[04:16:11] This is a very unusual spectacle.
[04:16:12] We have the Treasury Secretary running surprise buybacks and eyeing the government's checking
[04:16:16] account, while the Fed is signalling that it may push rates higher to fight the
[04:16:19] the very inflation, the administration's tariffs, immigration policy and foreign policy
[04:16:23] are helping to stoke.
[04:16:24] It's a tug of war between two former Druckenmiller protegees, except one of them has the legal
[04:16:28] power to create money and the other has to borrow it.
[04:16:30] The two don't even agree on what a bond yield is for.
[04:16:33] The Cent things a high yield is a problem to be managed down, while Warsh thinks
[04:16:37] that the market should set rates and the Fed should mostly get out of the way.
[04:16:40] He like Druckenmiller sees the yield as a signal and believes his job is to
[04:16:43] let it speak, rather than talking over it, which is quite a philosophical gap
[04:16:47] to bridge.
[04:16:48] So, Decent has some defenders.
[04:16:50] Stephen Miranda, former chair of the White House Council of Economic Advisers, is one.
[04:16:54] He wrote an op-ed in the FT, arguing that everyone panicking about the bond market has
[04:16:57] it backwards.
[04:16:58] Miranda argues that if investors were actually frightened about the debt, that fear would
[04:17:01] show up in the term premium, and it doesn't.
[04:17:04] So the yields must be rising for a more positive reason.
[04:17:07] Investors betting on American growth, because AI, deregulation, and tax cuts are about
[04:17:11] the turbo-charge of the economy.
[04:17:13] Higher yields, based on this view, are a vote of confidence.
[04:17:16] Rates rise when an economy booms.
[04:17:18] This argument rests on a single bet, though, that there's huge growth in the pipeline.
[04:17:21] If Moran is right, the rising yields are optimism and the deficit will shrink.
[04:17:25] If he's wrong, then he's describing the oldest move in fiscal politics.
[04:17:28] The promise that next year's growth will pay for this year's spending.
[04:17:31] Governments have been promising that the boom is just around the corner for about as
[04:17:34] long as possible.
[04:17:35] By the way, we never make this argument in favor of tax cuts.
[04:17:42] We only make this argument in favor of capital.
[04:17:45] We never make this argument in favor of labor.
[04:17:48] We do, we on the socialist side make this argument in favor of labor, we're like, yeah,
[04:17:54] you got to spend money to make money.
[04:17:57] Don't you feel like a more productive labor force?
[04:17:59] Be better for the country overall if we were to spend some money in the direction of labor
[04:18:03] for once?
[04:18:04] And everybody goes, no, that's a moral hazard.
[04:18:06] How dare you?
[04:18:07] Shut the fuck up.
[04:18:08] What are you?
[04:18:09] Some kind of commie?
[04:18:10] Kill yourself.
[04:18:12] The argument always is as long as we deregulate, as long as we cut taxes, as long as we make
[04:18:19] it easier for business leaders to thrive, then eventually next year the economy will
[04:18:25] grow larger and we'll be able to pay off all of our debt.
[04:18:29] The deficit ends up growing in the process, but the only ones who benefit from that
[04:18:34] is always capital.
[04:18:38] It is yet to work!
[04:18:42] It's awesome!
[04:18:43] As long as there have been governments, and the boom has a poor record of arriving on
[04:18:47] time.
[04:18:48] Moran is betting that it does, Druckenmiller is betting that it doesn't.
[04:18:51] One of them has the future pressed correctly, and we're all going to find out which
[04:18:54] soon.
[04:18:55] A deep flaw in Moran's argument, which his own logic highlights, is that if he's
[04:18:58] right that deals are climbing because of a coming boom, then Bessent is making a
[04:19:01] massive mistake by fighting it.
[04:19:03] You don't fight an interest rate that reflects good news, and you certainly
[04:19:06] don't fund the fight by issuing huge quantities of short-term bills, as that would only pay
[04:19:09] off if rates fell.
[04:19:11] Moran has come to Percent's defence with an argument that if right says that Percent
[04:19:14] is doing precisely the wrong thing.
[04:19:16] Additionally, Moran's assumption that the new tariffs will stick may be flawed too.
[04:19:20] The last batch was struck down because the President had used emergency powers that
[04:19:23] the court said didn't stretch that far.
[04:19:25] Taxation is Congress's job, not the President's.
[04:19:28] The new tariffs rest on very similar legal footing.
[04:19:30] There's a very real chance that they'll go the same way, in which case the revenue
[04:19:34] that Moran is banking on to shrink the deficit will never show up.
[04:19:37] But here's the part that makes it a gamble.
[04:19:39] Roughly a third of all marketable U.S. debt comes due within the next 12 months.
[04:19:43] Funding the deficit with short-term bills is a bet that rates will be lower when those
[04:19:46] bills have to be rolled over, and if war is hiked, that maturity wall arrives and
[04:19:50] the interest bill goes up.
[04:19:52] When Besen took the job, he sold a plan he called 333.
[04:19:55] Get the deficit down to 3% of GDP, growth up to 3%, and energy output up to 3%.
[04:20:01] As things stand, growth is running somewhere around one and a half to two percent, the deficit
[04:20:04] is roughly double the target, and the plan is basically not going to plan, which brings
[04:20:09] us back to the president's preferred policy option.
[04:20:12] The ultimate intervention is our military, and we have to use that, we will.
[04:20:15] I've spent this whole video treating that as a joke, but look at what's actually left
[04:20:19] on the table.
[04:20:20] The buybacks were doubled and yields bounced right back in the day, rating the checking.
[04:20:23] What does that mean?
[04:20:28] What does that mean? Will he like use the mill? Will he direct the the American armed forces to the bomb the Fed?
[04:20:42] Or is he going to he's gonna shoot the stocks he's gonna he's gonna go into the Wall Street
[04:20:49] He's gonna he's gonna raid he's gonna raid Wall Street
[04:20:52] The count just burns the emergency cash.
[04:20:57] The tariffs push inflation up, not down, and Operation Economic Outcast collapsed into
[04:21:01] a stern advisory the moment it met with the reality of sanctioning China.
[04:21:05] Every economic tool has been tried, and every single one has failed.
[04:21:09] So by process of elimination, the military really is the only instrument left.
[04:21:13] And I have to admit, after a week of study, I still don't really understand that plan.
[04:21:16] I think it's 4D chess or something like that.
[04:21:18] Trump's comes with a military and bomb market betrays economic illiteracy. The president in a
[04:21:22] rather literal sense just doesn't know what he's talking about. When it comes to economic policies,
[04:21:25] they really ought to understand. MAGA occupy Wall Street. He's going to do January 6,
[04:21:30] but this time with the military and this time not at the Capitol, but instead of Wall Street.
[04:21:37] If you try to borrow, you get Delta forced.
[04:21:44] Occupy Wall Street in parentheses militarily.
[04:21:48] I'm gonna go steal from another smaller country. I mean what there's only so much you of that you can do and we already kind of do that
[04:21:58] Anyway with
[04:22:00] Without actually putting boots on the ground, which we would have to pay for which we're already running out of money to pay for
[04:22:05] I just don't know where this is going. I
[04:22:09] Don't see anything positive coming out of this
[04:22:12] but again
[04:22:14] We elected a clown, so might as well enjoy the circus, right?
[04:22:18] That, I don't know whether to joint chiefs maintain a fixed income commander.
[04:22:22] Which service you tasked with holding a perimeter around the 10-year yield?
[04:22:25] Krugman has his helmet on.
[04:22:27] Like, one of the things he said about the military, does he mean like he is...
[04:22:33] I mean, there's also a separate thing that's going on, I think, with the Pentagon,
[04:22:37] where they're now, like, the Pentagon is going to operate its own bank or something.
[04:22:41] something like the Pentagon will now operate businesses, it's controversial, but I don't
[04:22:49] know how that would fix the economy at all. It can't even become like a self financing
[04:22:54] institution. And also there is a wing of the Pentagon that runs its own shadow operations
[04:23:03] to fund certain projects called JSOC, like Afghan poppy and the heroin trade stuff
[04:23:10] like that so I don't really know I don't really know what he means when he
[04:23:15] says like oh we're just gonna do a bank we're gonna put the we're gonna put a
[04:23:18] bank inside of the Pentagon and fix it fixes in the same way the British
[04:23:21] Trading Company fix the British economy yeah
[04:23:26] on the seals are presumably being briefed on cold storage wallets
[04:23:30] mobilization is well underlay the problem that no amount of firepower
[04:23:34] will fix is that a yield is not a fortress or a port or a standing army
[04:23:38] It's the number.
[04:23:39] It's the arithmetic of what the government owes set against what the market will lend.
[04:23:42] You can rename a lake, you can impose an embargo, you can even sanction an exchange.
[04:23:46] But you can't invade a number, as far as I know.
[04:23:49] The thing about running the Treasury like a trading desk is that a market price is
[04:23:52] not an adversary you can bluff because there's no one on the other side to blink.
[04:23:56] America's credit was slowly built over time on the simple idea that a government
[04:23:59] that borrows responsibly and pays on time can borrow almost without limit, cheaply.
[04:24:04] Wait, what? Peter Navarro reportedly fast-tracked $620 million to Pentagon loan to start up involving
[04:24:12] Trump's son. The call came from the White House. We have to get this done.
[04:24:16] The White House intervened to get a $620 million deal for a company tied to Donald Trump Jr.
[04:24:23] About three months before the Pentagon announced plans to lend money to Vulcan elements,
[04:24:27] Trump's Jr. venture capital firm to get undisclosed stake in the company. Oh,
[04:24:30] Oh yeah, this is from a while ago, I remember this, yeah.
[04:24:39] The elites don't want you to know this, but you can just invade numbers, there's an infinity
[04:24:42] of them and you can take as many as you want.
[04:24:46] Hossie, I think they will just do state capitalism, yeah, I just don't think that that's going
[04:24:53] to happen.
[04:24:54] Yeah, Donald Trump is actually secretly a Marxist Leninist.
[04:24:58] Donald Trump is saying, look, look, we are, we have not advanced to the necessary stage
[04:25:03] to maintain a transitional socialist state that will inevitably turn into a communist
[04:25:07] one where we abolish state borders and we abolish class distinctions in its entirety.
[04:25:15] So in order to, in order to advance in that direction, we have to do state capitalism.
[04:25:22] And that's what he's doing, except that's not what he's doing.
[04:25:24] He's never going to do that.
[04:25:29] He's never going to do that.
[04:25:31] And also, Trump is a dangus, doesn't make sense.
[04:25:35] Because Deng Xiaoping's reforms only make sense if you look at what came before it.
[04:25:41] Okay?
[04:25:42] It doesn't make sense in America, especially in the current American market.
[04:25:53] Just means he's a libertarian? I don't know, anarcho-capitalist?
[04:26:00] Regenerations. Credibility is the most valuable asset the Treasury owns, and the Treasury
[04:26:05] secretary who decides he's at war with market prices is spending that asset to fight an
[04:26:09] opponent with an infant balance sheet and no deadlines to hit. The yields aren't
[04:26:13] refusing to fall because bond traders are being difficult. They're refusing to fall
[04:26:16] because the arithmetic just doesn't work, and the arithmetic isn't a crisis to be
[04:26:20] It's a bill that has to be paid, as Druckenmiller told his old protégé.
[04:26:24] If the 30-year has to trade at 5.5% to clear, that isn't a crisis, it's an invoice, and
[04:26:28] governments that go to war with their own invoices always lose.
[04:26:31] The only real question is, how much they spend before they admit it.
[04:26:35] If you found this interesting, you should watch my video on the US-Japan currency
[04:26:38] intervention.
[04:26:39] Yeah, I'm gonna be honest with you chief.
[04:26:46] Given how idiotic this administration has been thus far, I feel more confused.
[04:26:53] I feel like I have more questions than answers in the aftermath of this video.
[04:26:58] And it's not even because like he didn't do a good job explaining it, it's just like
[04:27:01] there's no...
[04:27:03] I don't understand what Scott Bessin is trying to do and
[04:27:12] my go-pap boil being showcased.
[04:27:14] Yeah, I like pap boil stuff.
[04:27:18] It's just it's so incredibly irrational.
[04:27:23] Everything that this admin is doing is so incredibly irrational.
[04:27:33] I like that he's not you can tell he never blanks just by looking at his PFB
[04:27:40] Yeah, Mimah Sampai is officially suppressed transgender as the most mentioned culture
[04:28:06] were is shown Fox News for the month of August 348 mentions of trans transgender 398 mentions
[04:28:12] of a Sompiker. That's why even before this, even before this panic spree started, I jokingly
[04:28:22] said I'm the I'm the new transgender. If you recall on the Rolling Stone article, this
[04:28:29] This was what I was referencing, this was what I was talking about.
[04:28:46] I'm the new transgender.
[04:28:52] It's not irrational, they're trading short term bonds because interest rates are hard,
[04:28:55] switched to long-term bonds when the Fed drops interest rates.
[04:28:59] I mean, I feel like that's why I'm saying like he's eventually gonna, I guess, storm
[04:29:05] the Fed with the military and be like, and put a gun to the head of everyone there and
[04:29:11] be like, you have to, you have to do this.
[04:29:16] That's what he means when he says there's always military intervention as an option.
[04:29:25] Oh, God. CNN's Cassie Hunt. We have to mention to our viewers that Mr. Jennings is reportedly
[04:29:37] being considered for the role of the next White House press secretary. Scott Jennings
[04:29:40] shakes his head. Cassie Hunt, Scott, welcome back to the show on that note.
[04:29:45] By the way, they love this shit. CNN loves this shit. CNN was like, Oh yeah, come on
[04:29:50] the show, lie every day. We'll give you hundreds of thousands of dollars and then
[04:29:54] you can test out your, you can, this can be an opportunity for you to audition as the White
[04:30:00] House Press Secretary. Great. Everybody plays their role.
[04:30:04] More information on Scott Jennings coming out soon.
[04:30:13] Welcome to all of you. And we do, or we have to mention to our viewers that Mr. Jennings
[04:30:17] is reported to be considered for the role of the next White House Press Secretary. Scott,
[04:30:23] come back to the show on that note. But Mark Short, I want to start with you and CNN Senior
[04:30:28] Political
[04:30:53] If he gets the job, your lawsuit against him could be taken up by the DOJ. Wait, is that how that works?
[04:31:09] I don't think that's how it would work.
[04:31:23] Um, this was really funny.
[04:31:28] Craig Mauger from Detroit news reported on this.
[04:31:33] There will be at least two Senate debates between Mike Rogers and Abdul.
[04:31:36] I'll say this fall.
[04:31:37] This was, uh, sounds like Rogers officially a no for the Fox two organized debate.
[04:31:41] According to a new statement, Mike looks forward to holding comment.
[04:31:44] Abdul's feet to the fire to answer to voters for his lies and extremism in
[04:31:48] an affair and unbiased debate, not one hosted by a moderator who calls Abdul
[04:31:51] brilliant, and who Hassan Piker refers to as the GOAT.
[04:32:00] This is Rupraj.
[04:32:04] I think that's who they're referring to, and if you don't recall I didn't, Piker called
[04:32:08] Rupraj the GOAT for his moderation work during the Democratic U.S. Senate debate in July.
[04:32:13] He is such a bitch by the way.
[04:32:16] Mike Rogers is such a bitch.
[04:32:46] It's unbelievable how much of a coward Mike Dodgers is Lamal
[04:32:51] You got to just call all Michigan voters the goats and then watch Mike Rogers never do a public speaking event ever again
[04:33:06] GBC did you see Jared Moscow is calling out Trump for having more mentions of in
[04:33:12] What and the Epstein files? No, I did not
[04:33:15] I did not see that
[04:33:18] Jared Moskowitz Trump's name appears in the MC files more times than God's name appears in the book about God
[04:33:34] Yeah, this is why I endorse shared Moskowitz guys because he's so good at this stuff
[04:33:39] this is why he's my goat this is why we took that family photo because he's my family I love him
[04:34:01] yeah as you can see here
[04:34:03] We're all rooting for you. Good luck, Jared.
[04:34:18] True.
[04:34:21] GBC is a very disreputable outlet that constantly posts old clips for some reason. I don't know why.
[04:34:28] They also have a tendency to click bait.
[04:34:30] 1. Secretary Besant wants to push interest rates down with the conflict of Iran risks
[04:34:35] increasing inflation if U.S. dominance falters foreign countries may dump their U.S. bonds
[04:34:39] to protect their own currencies that massive wave of selling would drive bond prices down
[04:34:43] and force interest rates back up directly undermining Besant's goal.
[04:34:50] one debate is by wood TV host by Rick Alban is your go-to I'm not saying anything about
[04:35:01] any of the fucking moderators and commentators okay Mike Rogers is a is a straight up Hassan
[04:35:09] Avi head at this point smoke fuckers in here in my community in my chat all day every
[04:35:14] day.
[04:35:15] Can we ask you quickly?
[04:35:16] Are you concerned that Hassan Piker might cost the Democrats the elections in November?
[04:35:20] I don't know.
[04:35:21] But you know, we're Tendish from 9-11, he said, you know, America deserved 9-11 and
[04:35:25] he hates America.
[04:35:26] Are you concerned?
[04:35:27] This might have ramifications.
[04:35:28] It's concerned about the people that they associate themselves with costing them the
[04:35:31] elections.
[04:35:32] I mean, like I said-
[04:35:33] You guys can live a horrible moment calling all black elected women bitches.
[04:35:36] But with 9-11 just-
[04:35:37] But with 9-11 just-
[04:35:38] By saying that the Trump administration, she's advising Trump, she's flying again.
[04:35:41] So you're not gonna talk about Hassan Piker?
[04:35:43] about us on piker cook something about republicans cook congressman can we ask you quickly beast
[04:35:49] mode beast mode beast mode queen queen queen beast mode yeah the harvard harris pole let's
[04:36:04] Let's take a look at where Hamas is right now.
[04:36:07] This is my Harvard Harris poll.
[04:36:12] I liked it.
[04:36:13] They US military, and then they have Hamas here too, which I guess is doing better than
[04:36:21] Iran for some reason, seven in 10 voter support Israel over Hamas.
[04:36:25] Oh my God.
[04:36:26] It's increased more.
[04:36:27] Oh my God.
[04:36:28] Now it's 30%.
[04:36:29] Oh my God.
[04:36:30] Oh my God. For Democrats, Hamas versus Israel is now 57 to 43. For Independents is 68 to 32%. For young voters, it's 54 to 46, 54% of 18 to 24 year olds support Hamas over Israel.
[04:36:56] For 25 to 34, it's 59 to 41.
[04:37:10] 30% of 30% support Hamas, but only 23% support Hassanabi.
[04:37:15] Hamas is a higher approval among Americans than a Sompiker.
[04:37:18] True.
[04:37:26] Yeah, there it is. Voters are united across party lines that both Democrats and revokers
[04:37:32] should reject extremists like Piker and Owens. Do you think that the Democratic Party should
[04:37:36] embrace or reject people like Osama Piker who have said things like Americans are not
[04:37:39] 11? 23% say embrace. 77 say reject. Do you think the revokin party should embrace
[04:37:48] or, uh, reject people like Candace Owens, 25% say, embrace, 75% say, reject.
[04:38:01] By the way, what a, what a fucking incredible way to poll people.
[04:38:04] Do you think the Democratic Party should hug and kiss Hassan Piker, who loves 9-11, and may or may not have done 9-11?
[04:38:12] Do you think that the Republican Party should embrace or reject people like Candace Owens, who have said things like the Jews are behind everything?
[04:38:18] Yeah, at this point, Hamas is gonna fucking condemn Hassan Piker.
[04:38:32] The elevator thing happened with AOC too, but this time it wasn't Fox, it was Laura
[04:38:35] Levin.
[04:38:36] You're going to vote for 25th anniversary of 9-11. Will you condemn your fellow Democrats for campaigning with Islampliker?
[04:38:42] Excuse me?
[04:38:43] You're not going to condemn me?
[04:38:44] I don't think you should be making light of those attacks.
[04:38:51] Oh God, I love Charles Downs.
[04:38:54] She said, I don't think you should be making light of those attacks.
[04:38:59] Islampliker literally said Americans are 9-11.
[04:39:01] I don't know how many newsrevers have done to all of those recording studios that we could gloat about the Islamic terror attack every day. What was I always talking about?
[04:39:14] From the American estimation, from the Republican side, I am a worse thing that has happened to America than 9-11. Let's be real. They literally are like, they're going to go to fucking, they're going to go to the one guy, the architect.
[04:39:28] You know what I mean? They're gonna go to Guantanamo Bay and start interviewing people to get their condemnations of a Sompiker.
[04:39:39] It's nuts.
[04:39:40] New York Mag is at it again provoking rather than reporting to be clear near
[04:40:00] a tendon is fighting for normalcy nothing more of course of course Jonathan Greenblatt
[04:40:05] That would come out to defend near a tandem, of course.
[04:40:10] There you go.
[04:40:12] That's all you needed to know about near a tandem.
[04:40:18] Sheikh Mohammed condemces on piker.
[04:40:44] Anyway, brilliant, brilliant analysis by egg.
[04:40:48] There's an allegation that mods secretly one outside the loose speaking for myself.
[04:40:51] I want him to win, but I do fear a scenario where he wins by foreign leftist dishonesty
[04:40:55] refused to adjust for national climate and claimed the show's leftist, uh,
[04:41:00] obelisk said did better than moderate.
[04:41:01] Elise is locking.
[04:41:02] Oh my God.
[04:41:04] Oh my God.
[04:41:05] He's already, he's already cooking.
[04:41:07] He's already, this is good.
[04:41:08] This is good.
[04:41:09] He's cooking for an Abdul dub.
[04:41:10] He's like, unless Abdulla said wins by 25 points, it's actually a massive, here's how
[04:41:18] it's a massive failure.
[04:41:32] Yeah, Jonathan Greenblatt, who once famously said Elon Musk wasn't doing a double sig
[04:41:36] Hile but simply an awkward hand gesture.
[04:41:41] Petty shit.
[04:41:42] What are the captors the vibes today?
[04:41:44] MGP testified Wednesday before the rules committee.
[04:41:46] The Dem rules ranking member Jim McGovern turned his back on her during her testimony.
[04:41:57] Haley Stevens calls Bernie a jihadist in the Jerusalem Post.
[04:42:00] Wait, what?
[04:42:01] What?
[04:42:02] GIFs?
[04:42:03] What else was I going to look at?
[04:42:17] Were those at home keeping score, European natural gas prices are now 2.7 times higher
[04:42:21] than they were before the Iran war has started.
[04:42:23] I mean, come on.
[04:42:28] Come on.
[04:42:31] to
[04:42:35] You know I'm responding to Zitao about why their people are attacking you.
[04:42:39] I know Laura Lumarez comments calling you and some of her colleagues
[04:42:43] I apologize for language ghetto black bitches.
[04:42:47] I don't really concern myself with what
[04:42:51] people who I think so low of have to say.
[04:42:55] And I,
[04:42:59] I think that the black woman, that she's envied so much,
[04:43:04] agree with me.
[04:43:05] I'm curious what you've made of your Republican colleagues
[04:43:08] and some of your Democratic colleagues
[04:43:10] who have made so much hay about comments
[04:43:12] that Hassan Piker did not say
[04:43:13] versus comments that Laura Lomber,
[04:43:15] who has advised the President, has said.
[04:43:20] I mean, the obsession with Hassan is,
[04:43:24] I think less to do with what he says
[04:43:27] and more to do with the fact that he did not like that he helps progressive candidates.
[04:43:35] True. Speak on it, Queen.
[04:43:37] Um, and having him be out there, uh, is a threat to them.
[04:43:46] Yup.
[04:43:47] I'm wondering what you made of, uh...
[04:43:49] She knows what's up.
[04:43:51] Damn, this one did well.
[04:43:57] U.S. crude oil stock piles have fallen by more than four times the expected amount last
[04:44:06] week, while East Coast stocks of fuels, including diesel and heating oil hit a record low. Reuters
[04:44:12] reports citing energy information administration data. Crude inventories dropped 4.5 million
[04:44:19] barrels to $424.5 million in the week ending August 28 compared with an expected $1.1 million
[04:44:27] barrel decline amid strong refinery demand and higher exports.
[04:44:32] Diesel and heating oil nationwide distillate stocks rose $800,000 barrels to $104.2 million
[04:44:39] despite the record low on the East Coast. Demand, total petroleum products supplied
[04:44:44] an indicator for demand fell by 273,000 barrels a day to 20.68 million.
[04:45:04] Is the New Jersey establishment influencer? Yeah, this lady Emma Camp.
[04:45:09] of grocery stores and they might just explain
[04:45:13] why capitalism is how we get the most economic press.
[04:45:16] Yeah, Emma Camp is like,
[04:45:18] I think she got like a New York Times piece a while ago
[04:45:20] about like how lonely she felt on college campus
[04:45:23] being a pro-capitalist, pro-American democracy
[04:45:28] kind of student or whatever.
[04:45:30] Once an article like that is written,
[04:45:32] immediately everything takes like,
[04:45:34] how can we get our hands on this person?
[04:45:36] Right?
[04:45:38] And now she's doing these like shorts on Washington, not Washington Post, sorry.
[04:45:42] They also have their own shitty media outlet now.
[04:45:46] Oh, their video outlet, yeah, she is, she's doing Wall Street Journal, pro-capitalism propaganda.
[04:46:02] They're all trying to get a piece of that more perfect union pie and it's just not
[04:46:05] working.
[04:46:06] grocery stores and they might just explain why capitalism is how we get the most economic prosperity for the most
[04:46:17] Grocery stores a metaphor for capitalism enough food for everybody
[04:46:19] But excess is thrown away rather than given to the hungry illusion of choice yet all the different brands are owned by a few holding companies
[04:46:25] Exploitation of the third world to provide cheap inventory
[04:46:28] Yeah
[04:46:30] Here's the thing. I also love grocery stores, right?
[04:46:34] I'm actually unironically and sincerely a big fan anyone who's been in here long enough knows that I talk about 30 different brands of
[04:46:40] Oreos and how valuable that is to keep the public sedated to keep them as
[04:46:46] servile as possible and
[04:46:48] You can do that with like one company or two companies or seven companies, which is what we currently have right?
[04:46:55] Seven companies own all of the brands and basically all of the all of the diversity of
[04:47:00] Of product comes from seven companies if you do it with seven you could do it with one you can do it with seven as well
[04:47:06] What we require what we demand is heavy government intervention which already exists in the agricultural business
[04:47:13] Right, but the heavy government intervention must come at a cost
[04:47:18] Because currently the government offers subsidies the big ag
[04:47:22] But then those subsidies are not utilized to actually or not utilize entirely to lower prices keep prices as
[04:47:28] as affordable as possible for the consumers,
[04:47:31] but a big chunk of those subsidies
[04:47:32] then go back to shareholder value.
[04:47:35] That is the real problem, okay?
[04:47:38] That is the real issue.
[04:47:42] Every country and the United States of America
[04:47:48] also does some form of central planning
[04:47:51] when it comes to food production,
[04:47:52] when it comes to agricultural output.
[04:47:54] The problem is, the central planning, does it favor the workers, does it favor the laborers,
[04:48:01] or does it favor the business owners, the capital class, capital owning class?
[04:48:07] Unfortunately, in the United States of America and in western liberal capital countries in
[04:48:10] general, the central planning of the subsidies only favor capital.
[04:48:15] All competing against one another for your dollars.
[04:48:18] The Wall Street Journal's defense of capitalism is a grocery store, the grocery store.
[04:48:24] In 2021, The Guardian and Food and Water Watch conducted a study, in which they found that
[04:48:28] just a handful of companies control almost 80% of products purchased at the supermarket.
[04:48:33] Just 12 companies own over 550 brands.
[04:48:37] Coca-Cola, PepsiCo, and Keurig Dr. Pepper control about 94% of the soft drink market.
[04:48:42] Kellogg, General Mills, and Post control 73% of the cereal market.
[04:48:47] So when I purchased Cheetos over Doritos, it might seem like I made a choice about what
[04:48:51] company to buy chips from.
[04:48:52] But I didn't, because they're owned by the same company.
[04:48:55] You don't even have much of a choice over what grocery store you're going to.
[04:48:59] Walmart, Kroger, Costco, and Albertsons control over two-thirds of the entire U.S. grocery
[04:49:03] market.
[04:49:04] And in 2024, Albertsons and Kroger tried to merge, which would have placed about
[04:49:08] 5,000 grocery stores and 700,000 employees under the same company.
[04:49:12] Yes, groceries have been getting more expensive, but that's mainly due to inflation caused by government spending and tariffs.
[04:49:18] While it's totally understandable that people are focusing on recent price hikes, that doesn't mean the solution is more government-owned.
[04:49:25] Since 2019, grocery prices have risen by 33%.
[04:49:28] That's the biggest price jump we've seen in 50 years.
[04:49:31] 29% of consumers using buy-now-pay-later short-term loans said they've used them to purchase groceries.
[04:49:38] A 2022 study found that the U.S. economy is 50% more consolidated than it was 20 years ago,
[04:49:44] and that this consolidation is directly leading to an increase in prices.
[04:49:48] The FTC, a government agency, is our only weapon against these mega-mergers.
[04:49:53] I love grocery stores.
[04:50:08] Politico talked to Third Way about DSA.
[04:50:18] Politico literally quotes Third Way to attack Bernie and doesn't mention that Third Way
[04:50:21] announced a month ago that it was spending $50 million to attack progressives and specifically
[04:50:24] said L-Side would be one of the canons they're going after.
[04:50:28] He said the effort would include opposition research into DSA polling, social media programs
[04:50:32] and educating democratic activists and leaders that would target both proud democratic socialists
[04:50:35] in those, such as Dr. Elsa, whom he derided as performing the DSA dodge, flirting with
[04:50:40] Democratic socialists enough to get their organizing manpower and support while remaining
[04:50:43] distant enough to avoid the explicit label.
[04:50:47] Yeah.
[04:50:49] They openly admitted it, and now they're getting mad that Bernie called it out.
[04:50:54] Yes, I know Mike Rogers officially declined the September 15th debate, and then he
[04:51:01] He literally named me for one of the reasons.
[04:51:07] Not one hosted by a moderator who calls Abdul Brilliant and who Hassan Pagar refers to as
[04:51:11] the GOAT.
[04:51:14] I'll be honest, I never thought, I never in a million years thought that like one of
[04:51:23] the most nationally significant races would have the Republican candidate actively referring
[04:51:31] to me every single day, sometimes more than his actual democratic opposition.
[04:51:39] It is fucking insane.
[04:51:41] God damn it, American politics has devolved so hard.
[04:51:44] We are living in stupid town, okay?
[04:51:53] The aftermath of the US attack.
[04:51:55] this album he's just fucking scared shitless.
[04:52:02] Happy belated 10 year anniversary to Zajalani, of that time Nier and Tanya tried to prove
[04:52:06] you wrong about her helping to Clinton's gut welfare by forging an email on her phone's
[04:52:10] notepad app.
[04:52:15] Nier didn't start at the White House until after welfare reform was passed and she didn't
[04:52:19] work on it when she got there. Bruce Reed.
[04:52:35] Notes app.
[04:52:38] That's awesome.
[04:52:49] Then she's running the identical playbook on Sompire the Magga has been running all year on KanaSoul.
[04:52:56] I really hope that means Hillary Clinton is about to come out and raps it as about how handsome and mainly she finds Stephen Miller compared to that ISIS hood rat streamer.
[04:53:03] Yeah.
[04:53:12] Alright back to the situation.
[04:53:14] City of Cerec, a wedding was taking place here.
[04:53:17] No, Mike agreed to two debates.
[04:53:20] Abdul was asking for four.
[04:53:23] Mike is not doing the first two.
[04:53:25] Or Mike might do the third, but he's not going to do one where Rupraj is moderating.
[04:53:32] Or Abdul won a five.
[04:53:36] Mike is saying no to Rupraj.
[04:53:38] And bombs fell.
[04:53:41] When we arrived there and the explosion occurred it was very intense.
[04:53:44] Brick stones and cement hit me in the face and head.
[04:53:47] Many others were injured.
[04:53:49] We're all just ordinary civilians.
[04:53:52] Children were among the casualties.
[04:53:54] Dozens of the wounded were rushed to hospital.
[04:53:57] Guests dressed for a wedding, diverting to the bedside of loved ones.
[04:54:05] Unfortunately, tonight we witness another crime of the US and the country of Iran.
[04:54:09] especially in Hormuzgan province, which was an attack on a gathering of people in Kostak of Serif County,
[04:54:15] while the people were busy with a happy occasion, meaning a wedding.
[04:54:22] US Centcom released footage of its latest attacks on southern Iran,
[04:54:26] saying it was targeting air defense sites, radar systems, maritime assets and mind-laying capabilities.
[04:54:33] It sees it was in response to attended Iranian attacks against shipping and the Strait of Hormuz.
[04:54:39] Iran's Revolutionary Guard quickly retaliated, targeting US military sites across the Middle
[04:54:47] East. Bahrain and Kuwait issued alerts warning of potential attacks. Jordan says it intercepted
[04:54:53] 10 of 13 missiles fired into its airspace, the other three falling in remote areas.
[04:55:00] Mediators are pushing to get Washington and Tehran back to the negotiating table, but
[04:55:04] Six months into the war, civilians in Iran are once again caught in the crossfire.
[04:55:10] K.U.
[04:55:11] Callaghan, Al Jazeera.
[04:55:13] Let's head over now to Kimberley Huckett, who joins us live from the White House.
[04:55:16] Kimberley, what's the...
[04:55:18] The U.S. military also says its strikes across the country were responding to Iran's recent
[04:55:23] attacks on U.S. troops in the region and commercial shipping in the Strait of
[04:55:27] Hormuz.
[04:55:28] Iran quickly defied President Trump's warning to not retaliate and launched ballistic
[04:55:34] missile attacks on Jordan, as well as we see here Jordan saying it intercepted 10 missiles
[04:55:39] from Iran and another three fell in remote areas. Kuwait and Bahrain say they intercepted
[04:55:46] drone attacks from Iran.
[04:55:49] CNN's Kevin Liptak is joining us right now from the White House. What are you hearing
[04:55:52] Kevin this morning from the administration?
[04:55:55] Well, President Trump certainly does not sound like a man in a hurry to get this
[04:56:00] conflict over with, despite oil prices and despite concerns from many of his Republican
[04:56:05] allies that this could hurt them in the midterm elections.
[04:56:09] This latest round of tensions began on Sunday when the U.S. attacked Iranian positions on
[04:56:15] Lurak Islands that it said were preparing to launch mines into the Strait of Hormuz.
[04:56:22] That prompted Iranian retaliation, which prompted U.S. retaliation, which prompted
[04:56:26] Iranian retaliation back to this familiar pattern of back-and-forth strikes that has drawn in almost every country in the region
[04:56:34] That houses those tens of thousands of US troops now President Trump wrote on true social that he is not trying to get the
[04:56:42] Iranians back to the negotiating table
[04:56:44] He says instead that quote I like our position now
[04:56:48] Much better with almost total control of the Hormuz Strait and their economy
[04:56:53] totally collapsing, the president said they are just playing out the inevitable, when are
[04:56:58] the Iranian people going to rise up and fight?
[04:57:01] Now that last bit, calling on the Iranians to overthrow the regime, is almost exactly
[04:57:06] his message on the night this war began, and there's no signs yet that the regime
[04:57:11] has lost its strength in any way.
[04:57:13] Remember, just last week, the administration signaled that it was moving away from a
[04:57:17] military strategy and more towards an economic strategy to try and choke off
[04:57:23] the regime. Scott Besson, the Treasury Secretary, is saying back then that
[04:57:27] sanctions on Iran's largest trading partners would mean that there would
[04:57:30] be not a need to go back to large-scale kinetic restart. He said yesterday the
[04:57:35] plan was to quote economically exfixing the regime so far. There's no
[04:57:40] evidence that... What is this? Tim, I'm no longer accepting this framing. We told
[04:57:46] Y'all to keep him away from our party and y'all that it listens to now we're gonna destroy him listening and following instructions is important
[04:57:54] Like
[04:57:57] What the fuck do these liberal accounts on Twitter who the fuck do these liberal accounts on Twitter think they are
[04:58:05] Okay
[04:58:07] Who the fuck do they think they are bro
[04:58:10] We're gonna destroy him. It's like, yeah. Yeah, just like when Enver Hoja said, you know, between us and China, there's a more than one billion communists in the world, you know, between Tim and a pack.
[04:58:25] They're really doing their best to take me out.
[04:58:30] out between trouble underscore man 90 and a pack they're doing their very best to take
[04:58:39] me out oh no i'm cowering in my fucking boots dude i'm shivering
[04:58:45] Look out look out
[04:59:04] You're one ankle roll away from being taken out. Yes, they only knew my weakness
[04:59:13] My biggest weakness
[04:59:15] My Achilles heel is my Achilles ankle.
[04:59:24] Only getting 400 Michigan Jews to sign is the colossal loss for APEC.
[04:59:28] APEC Trigger, more than 400 Jewish Democrats signed a letter backing Republican Mike Rogers over off the low side.
[04:59:34] Former rep Andy Levin reacts APEC, which is at the center of this letter, the people I know associated with their all longtime APEC leaders and supporters.
[04:59:41] Okay, at this point, I feel like APAC can get more congressional staffers and consultants,
[04:59:56] lobbyists, and congress members on board with signing a letter, no matter what that
[05:00:00] letter entails, than actual Jewish voters, okay?
[05:00:08] It's very funny.
[05:00:09] Lubitsch is at the center of this letter, the people I know associated with it are all
[05:00:15] long-time APEC insiders and supporters.
[05:00:19] APEC represents a distinctly minority position about Israel and Palestine within the Jewish
[05:00:27] community.
[05:00:29] Most Jews, like two-thirds of Jews in the United States and Michigan, believe strongly
[05:00:35] in a two-state solution
[05:00:37] that the only hope
[05:00:39] for secure and peaceful future for our people the jewish people
[05:00:44] and the holy land in israel is to realize the political human rights of the
[05:00:48] palestinian people
[05:00:50] uh... so that's
[05:00:52] you know this is a minority group within the jewish community
[05:00:55] um... and it's not a huge surprise to me
[05:00:59] and also
[05:01:00] all these forces that you're going to be reporting
[05:01:03] like breathlessly
[05:01:04] Oh my god, there's a letter and some Jewish people say they're going to vote for the Republican.
[05:01:11] APAC already spent over 30 million dollars against him in the primary.
[05:01:17] So is this big news that they're going to continue to fight him?
[05:01:22] Andy Levin, my goat.
[05:01:24] Respect.
[05:01:27] Hmm.
[05:01:29] Do you think Jews will vote more Democrat in Michigan? Yes.
[05:01:33] Yes. Yes. 100%
[05:01:55] APEG is a higher
[05:01:59] Express rate
[05:02:03] Getting Congress members.
[05:02:10] On surprising, the APEC is a higher success rate getting Congress members on board with
[05:02:31] sunny shit than Jewish voters.
[05:02:40] What makes you so sure about Jews voting Democrat in Michigan because I have as I've explained
[05:02:46] tirelessly and over and over and over again.
[05:02:52] American Jews are American.
[05:02:54] They have American problems.
[05:02:57] They have American Jewish problems like anti-Semitism certainly.
[05:03:02] Some of them might even care about Israel.
[05:03:05] American Jews are American.
[05:03:07] They exist in the American economy.
[05:03:10] They drive their American car to their American place of work.
[05:03:15] They drive their American car to their American place of worship.
[05:03:22] So even if the Jewish-Michigan population votes for Abdelaw said by a lower percentage
[05:03:31] than they did for Joe Biden, for example, it will not be significant enough to move the
[05:03:39] needle in Mike Rogers' direction.
[05:03:41] And I'm willing to bet it will not be as significant as the way that the media is
[05:03:45] presenting it.
[05:03:46] The way that the media is presenting it currently makes it seem as though Jewish voters in Michigan
[05:03:53] are running to Mike Rogers in droves.
[05:03:57] Okay?
[05:03:59] That is not the case.
[05:04:02] That is not the case at all.
[05:04:03] It is just a media narrative.
[05:04:05] It is a concocted media narrative.
[05:04:07] It is totally fake.
[05:04:16] the
[05:04:23] U.R. a trend setter what he said that always brace
[05:04:25] weight what the fuck why is brace wearing a suit
[05:04:28] but the hell
[05:04:30] many realize after a while
[05:04:31] that everybody is just fucking repeating means in like phrases yeah actually like it's it's you know to to quote eight off Hitler
[05:04:39] you fucking kick the door of the structure in the whole fucking rotten thing comes crumbling down
[05:04:44] To your quoted anyone out literally anyone he said it
[05:04:48] I don't know what to tell you
[05:04:50] But uh, even a broken clock, but you know you talk to people and you're like, oh you actually don't fucking believe anything
[05:04:56] Right, you don't believe anything. It's just you believe instagram real instagram real instagram real
[05:05:05] Why is he wearing a trump suit i just that's crazy the era of suits
[05:05:14] Asana's 24 hours to respond.
[05:05:19] Yeah, I saw this already. I respond. I responded with I see you.
[05:05:44] Iran's trading partners are immediately cutting off their ties just yesterday the Russian president
[05:05:49] Vladimir Putin meeting with Iran's president and vowing continued economic support.
[05:05:55] All right, should I be wearing shoes also? Yes.
[05:05:57] But joining me right now and kind of the state of what we're this land.
[05:06:02] Guys, it's the summer of suit socialism. Your 24 dnc trip of the dnc fit was the drip, my man.
[05:06:08] Yeah, I was wearing sleeveless shirts and shit. That's not happening. We're we're serious.
[05:06:12] with the war with Iran, the CNN senior military analyst, retired Navy Admiral James Stavridis.
[05:06:17] It's good to see you again.
[05:06:19] CENTCOM says the U.S. strikes, they were a response to the running strikes against commercial shipping
[05:06:24] in the Strait of Hormuz, which continues on and on. Another round of strikes and still the
[05:06:29] Strait is still not really open. Admiral, where are we now?
[05:06:33] now. We are stalemated with both sides kind of going back and forth Iran attacking commercial
[05:06:44] shipping that keeps insurance very high. It keeps the flow of what is this today? Because
[05:06:50] that's the new thing you do in media. That is the Hassan Piper out here wearing a suit
[05:06:54] every fucking every day is dreaming is jumping in a pool in his suit. We weren't suits
[05:06:59] Nick Fuentes he's got a little suit at the small learn he's going to the small
[05:07:04] little store yeah yeah it was a child size are there stores for sure guys I
[05:07:08] imagine they're much bigger tall yeah but maybe the stores themselves are so
[05:07:12] small right they're like hobbit holes or whatever they're maybe they're in the
[05:07:18] countryside and you know they live together like no but but but but but I
[05:07:23] me no disrespect we're wearing suits today because you guys are so mean
[05:07:32] gee all those suit wearing name drops insane psychopathic socialist grifters
[05:07:37] not a good first impression here fellas this guy is so awesome this guy listen
[05:07:43] this guy stumbled upon a YouTube short where brace the gay pussy eater Belden
[05:07:51] is speaking to Joshua Cittarella and said oh what the fuck are these references
[05:07:57] to sociopathic social as grifters I hate you that's liberal Hitler you're talking
[05:08:03] about okay that's piss pig granddad
[05:08:14] that's crazy this is the best first impression you can get of brace and I
[05:08:20] love him. Yeah. Rachel, Jake. Coin Dexter, the Gourmand. Mehmet on Twitter. Terrorist
[05:08:41] to the Turkish government oil low. It therefore keeps oil prices high, which Iran I think correctly
[05:08:48] judges puts pressure on the Trump administration. Over here on Team Trump, quite logically,
[05:08:55] Admiral Brad Cooper and the U.S. Central Command are going after the Iranian capabilities
[05:09:02] to close the strait, going after drones, going after short-range ballistic missiles,
[05:09:08] going after mine lane capabilities. So both sides are using kinetic force, Kate, to
[05:09:15] try and put pressure on the other side.
[05:09:17] But so far, it's not creating any change
[05:09:21] in the current scale-made and lack of negotiations.
[05:09:25] I mean, take me 30,000th of view of just how far
[05:09:30] this has come in six months away from talking.
[05:09:33] I mean, there is literally no conversation
[05:09:36] pretty much anymore about Iran's nuclear ambitions.
[05:09:41] Yeah, that's been parked off to the side in a distant parking lot thinking that perhaps
[05:09:51] well when they get there.
[05:09:53] All focus now, Kate, as you well know, is on getting the straight-up form moves fully
[05:09:58] reopened meaning 100, 130 ships a day passing through there.
[05:10:04] That's when you'll see oil prices start to come down.
[05:10:07] That's the center of gravity right now.
[05:10:10] So in order to get Iran back to the table, to frankly get us back to where we were before
[05:10:17] the war started, the Trump administration is putting a blockade on Iranian ports, kind
[05:10:23] of crippling that Iranian economy.
[05:10:26] Maybe that'll get Iran back.
[05:10:27] I'd say that's months away at best right now.
[05:10:31] Let's get more insight now.
[05:10:32] We're seeing him political and national security analyst David Sanga.
[05:10:36] also White House and national security correspondent for the New York Times. And it's always good
[05:10:41] to have you on, David. Thank you for making time for us. Let's start.
[05:10:45] D-Day basically did nothing but fuck over Iranian students. They banned TOEFL and other English
[05:10:50] proficiency exams in Iran, practically trapping every single student that wanted to apply and
[05:10:54] get the hell out of the country. Yeah, all of the, all the secondary sanctions they applied
[05:10:59] on economic D-Day are just hurting regular Iranian society, like just straightforward.
[05:11:04] and it's not even like because we've already hit Iran with the mother of all sanctions across the board
[05:11:10] that it's like dumb shit. It's like trying to stop commercial flights from being able to fly in and
[05:11:19] out of Iran stuff like that. Isn't that the point of the sanctions? No, on paper the sanctions are
[05:11:31] actually a very reliable tool to like hurt the government or whatever and hurt like those
[05:11:37] in positions of power, but the IRGC controls so much of the economy that it ends up hurting
[05:11:41] everybody like that kind of thing.
[05:11:43] And yes, the point of sanctions is to create instability, the drum up instability.
[05:11:49] Most people want to get rid of crazies.
[05:11:52] Yeah.
[05:11:53] Who cares?
[05:11:54] Yeah.
[05:11:55] Project liberal.
[05:11:56] that Harvard Harris poll quite literally shows stronger support for Hamas than Hassan, okay?
[05:12:09] What do you want me to say?
[05:12:11] But with that post from the U.S. President, he says he likes the U.S.'s position right
[05:12:24] now.
[05:12:25] What do you make of that?
[05:12:27] And does Washington have the upper hand at this stage?
[05:12:30] I think the President thinks that things are turning a bit, in part because of the
[05:12:38] economic pressure, Becky, on the Iranians.
[05:12:43] Inflation is obviously taking off there.
[05:12:47] It's not quite up at the levels that we've seen in places like Venezuela, but it's pretty
[05:12:54] severe.
[05:12:56] And I think that the Iranians recognize that while holding the Strait of Hormuz is extremely
[05:13:04] valuable to them right now over time it's going to be a diminishing asset. Yeah, yeah, one day
[05:13:11] when we reroute, when we reroute all oil coming out, all oil, fertilizers, chemical compounds,
[05:13:19] gas coming out of the sugar hormones, eventually we're going to reroute it.
[05:13:23] And when that happens like no one's going to even care about it, you can just keep it, dude.
[05:13:27] Honestly, we like that Iran has the straight of hormones, which is the coolest way to
[05:13:37] cover this issue.
[05:13:38] You know, honestly, I feel like it's sick that Iran has the straight of hormones.
[05:13:43] I don't even fucking want it, dude.
[05:13:46] Do you even want it?
[05:13:48] I don't fucking want it.
[05:13:49] Do you like I want the gay of hormones, dude?
[05:13:52] Fuck it.
[05:13:53] Just keep it, dude.
[05:13:54] Fuck it.
[05:13:55] The Saudis as other oil producers come up with alternative ways to get their oil out. Yeah, dude
[05:14:03] We'll just put it whatever dude. We'll just take the yamboo port fuck it. I
[05:14:09] Don't even want it
[05:14:10] Rename it to the trailer on if you want, huh?
[05:14:15] That won't happen right away
[05:14:17] But of course that does set a time on this clicking away for the Iranians
[05:14:25] And he may have a point. I mean, there is no doubt that the new sanctions announced this
[05:14:34] week on what Scott Besson, of course, described as an economic D-day for Iran, launching what
[05:14:43] the administration calls sort of operation economic outcasts are certainly having an
[05:14:49] effect or certainly will have an effect alongside that military blockade. I wonder how much
[05:14:59] pressure this campaign will have on China to get involved. Of course we know that there
[05:15:09] There are threats against another global bank involved in doing business with Iran, and China
[05:15:20] of course gets 90% of its oil from Tehran.
[05:15:24] What do you make of China's position in all of this?
[05:15:27] Well, the Chinese, as you pointed out, Becky, they're sort of the mystery member of all
[05:15:34] of this.
[05:15:35] He acted very strongly against what the president and secretary did.
[05:15:41] Dude, is Donald Trump trying to actively lose the midterms?
[05:15:45] I don't understand.
[05:15:46] Breaking.
[05:15:47] Trumps as Americans have too many holidays and need to work more days.
[05:15:50] The boost is failing economy.
[05:15:52] Too many non-working holidays in America, it is costing our country billions of dollars
[05:15:56] to keep all these businesses closed.
[05:15:57] The workers don't want to either.
[05:15:58] Soon we'll end up having a holiday for every once working day of the year.
[05:16:03] It must change if we're gonna make America great again.
[05:16:09] What is happening bro?
[05:16:14] Yesterday he came out and was like if you don't like a data center in your backyard you're
[05:16:18] a fucking broke loser dumbass.
[05:16:21] Enjoy poverty dumbass.
[05:16:30] Wait he said that last Juneteenth he said it again?
[05:16:54] Or is this just from last Juneteenth?
[05:17:01] What sparked him saying, I couldn't find this in his current, oh so it's an old, man I got
[05:17:07] Brian Allen here, he hit the breaking in front of it, he hit the breaking in front of it
[05:17:14] and he cooked my ass.
[05:17:17] I thought he just like recently decided to tweet about holidays again.
[05:17:21] That's announced last week. They are coming up with alternatives to Iranian oil.
[05:17:29] This was his banger today. Apple Maps has just announced that it has changed the name of Lake Ontario to Lake America.
[05:17:36] So now that very important change of names has seen Google Maps and Apple Maps complete, ratified and binding.
[05:17:41] Thank you for your attention this matter. God, he's such a fucking idiot.
[05:17:51] He's mocking, he's not mocking them, no, he's mocking all of us, okay, he's mocking all of us, he's making a mockery of the institution of the presidency by being like this is what the president is supposed to be doing and celebrating.
[05:18:10] I think that that we are actually the real victims here that the mockery is to all of us.
[05:18:16] It's a bigger deal for Iran to be able to ship to China because 80 to 90% of their their shipments in 2025.
[05:18:26] I don't even understand why Apple and Google do any of this shit.
[05:18:37] Went to China. Then it is for the Chinese who've got some other alternatives.
[05:18:42] But, at the same time, China does not want to see the United States gain the upper hand
[05:18:49] here.
[05:18:50] And what's making all this more delicate is the fact that Xi Jinping is coming to Washington
[05:18:56] on September 24th, and the president wants this to be a really successful visit.
[05:19:04] And as a result, he doesn't really want to press the Chinese too hard and have
[05:19:09] a blow up on this issue.
[05:19:11] has looked likely to happen when they were at the 2019 meeting this week.
[05:19:18] Election coverage tonight Senator Ed Markey wins the Democratic Party's nomination to run
[05:19:24] for a third term.
[05:19:25] He defeated his challenger representative, Seth Moulton.
[05:19:29] The Associated Press calling the race only 30-
[05:19:32] I love that every local news outlet in the East Coast has this exact same lady, that
[05:19:37] there's the blonde one in New York who sounds and kind of looks exactly the same
[05:19:41] is this lady? You know what I'm talking about? What's her name? What was it like, Marsha Raditz
[05:19:50] or something? Marsha Kramer. Marsha Kramer, yeah. Yeah, Seth Moulton, hold this L.
[05:20:02] Three minutes after the polls closed.
[05:20:04] And we have live team Ken Coverage of tonight's primary. But I think Mike Cerullo
[05:20:08] is standing by with reaction from challenger Seth Moulton, but first we start with the
[05:20:12] nineteen's Leona Folk. She's live with Markey's message tonight. Leanna.
[05:20:17] Dan Patrice, tonight was really a test of whether Massachusetts Democrats were ready
[05:20:24] for generational change in the Senate and projected less than an hour after polls
[05:20:29] closed incumbent Senator Ed Markey has his answer. The eighty year old senator survives
[05:20:35] a challenge from a much younger congressman. This time, Seth Moulton, Moulton made age,
[05:20:40] the centerpiece of his campaign, arguing that after 50 years in Congress, it was time for
[05:20:45] new leadership. But Markey told voters this race wasn't about his age, it was about his
[05:20:50] ideas, the long time progressive, leaning into his support for Medicare for all, in
[05:20:55] his record fighting climate change, including helping right-degree New Deal. Tonight,
[05:21:00] Massachusetts Democrats are giving Markey one more chance to make good on that progressive
[05:21:05] agenda and Marky says he already knows when he wants to accomplish and when he
[05:21:09] says will be his final six years in the Senate. Disselection. That better future is
[05:21:15] on the ballot. A future. Goat, goat, goat, goat, goat status. And no, he did not. He
[05:21:25] won that. He won with those margins because he didn't condemn Hassan. Also I
[05:21:33] I own that exact same jacket that this guy is wearing.
[05:21:35] A future with Universal Child Care and pre-code.
[05:21:39] Yeah!
[05:21:41] A future with affordable housing and fair free transit.
[05:21:44] Yeah!
[05:21:46] A future with free public college and guns.
[05:21:51] Did he say anything about you?
[05:21:53] I mean, he's been on the stream before.
[05:21:59] He is a friend of the show.
[05:22:00] He said I was the future.
[05:22:03] He came on the stream. He came on the stream when I was at the DNC.
[05:22:11] That's my move. God, the fucking microphone, man. It is crazy.
[05:22:21] The
[05:22:47] night that started with a lot of energy, a lot of hope, a lot of excitement.
[05:22:51] at the Moulton Campaign's watch party, but it didn't quite end exactly how they would have liked it.
[05:22:56] Take a look here. This is video of Moulton after giving his concession speech. He's emotional,
[05:23:01] thinking supporters. The 47 year old Marine veteran said he called Senator Markey to congratulate
[05:23:07] him and to conceive the race. He is throwing his full support behind the 80 year old incumbent.
[05:23:12] Of course, as you said, Liana, age did play a role in this race here.
[05:23:17] Moulton's message to supporters today addressed that saying his movement sparked a much needed
[05:23:21] conversation within the Democratic Party. Challenging the establishment and calling
[05:23:27] for a new generation of leadership isn't easy, but it is necessary. We started conversations
[05:23:34] that needed to happen, and I will never stop pushing the Democratic Party and our country
[05:23:41] to look toward the future.
[05:23:46] Now the congressman completes his term in the house this coming January.
[05:23:50] As for what's next, he did not take questions from reporters today, but he did say that he
[05:23:55] plans to spend more time with his kids.
[05:23:58] For now, live in Dorchester, Mike Cerullo, NBC 10 News, 19.
[05:24:02] Yeah, here's the...
[05:24:05] The divide is deepening within the Democratic Congress.
[05:24:07] It's kind of ominous like he said I'm the future but the rest of the world is gonna realize it when it's 20 years too late
[05:24:23] And it's kind of crazy cuz it's like damn bro
[05:24:26] That's I
[05:24:29] Guess he was I guess he was right and it came two years in the future
[05:24:34] Brother puts some sleeves on. Yeah, I prefer this to that for the record.
[05:24:52] Two party members blindside at the house by voting with Republicans to advance a key.
[05:24:57] I don't care about this
[05:25:01] Democratic Socialists of America standing by left
[05:25:05] James Garble the son pikers an idiot and not a Democrat
[05:25:08] Hassan piker who once said the u.s. Deserved
[05:25:12] 911 he later said he did not mean that the u.s. Deserved to be attacked calling his comment
[05:25:17] Inappropriate as we close in on the 25th anniversary of September 11th in just several days
[05:25:22] So the GSA accusing the establishment Democrats, Republicans and the media of having quote an
[05:25:29] obsession with a Twitch streamer, then adding pikers handle and quote our Twitch streamer.
[05:25:36] How is this news bro? How is this news? Yo, what the fuck? That's so funny. Oh my god,
[05:25:51] That is amazing. Why is this being reported dude? Oh my god, this is crazy. They've just
[05:26:03] never seen solidarity in their lives. They're just shocked.
[05:26:07] With that we bring in longtime democratic strategist and commentator James Carville. Jim always
[05:26:11] good to have you with us. Thank you for joining me today.
[05:26:13] Thank you.
[05:26:14] Thank you.
[05:26:15] Bro, he looks, oh my God, we're sucking the life force out of James Carville, bro.
[05:26:22] What remains of James Carville is not looking too great, okay?
[05:26:29] Every time I see him on television, he just looks more like the Cryptkeeper.
[05:26:32] Go ahead.
[05:26:33] Well, I mean, there's two things that I know about Hasan Pankin.
[05:26:38] Okay.
[05:26:39] One, he's an idiot.
[05:26:40] And two, he's not a Democrat.
[05:26:42] He's an idiot and he's not a Democrat.
[05:26:47] He's not a Democrat.
[05:26:48] So I don't, I don't answer for idiots and I don't answer for people who are not Democrats.
[05:26:54] Yes I am baby.
[05:26:56] Yes I am baby.
[05:26:58] Vote Blue No Matter Who.
[05:27:02] You understand?
[05:27:04] My life long Democrat.
[05:27:07] All right, let me just play this quick sound bite of piker and else. I add and you won't have to answer for him
[05:27:12] But this is what he answered for you watch
[05:27:16] Okay, we got John Federman James Carville
[05:27:19] fantasizing about leaving the party. I'm like
[05:27:22] You're sweetening the deal. I don't think about like James Carville. Oh my bro. You architected a complete white wing
[05:27:28] Like a sense to neoliberalism in 96. He said one smart thing once which he seems to have forgotten
[05:27:34] Which is when it's the economy stupid
[05:27:37] All right, so I'll say add the Michigan candidate who is about six or
[05:27:43] He's a Democrat are you gonna say I'm doing not a Democrat? Yeah, come on James
[05:27:52] He literally already reacted to this that's that's the king
[05:27:57] That's the motherfucking king fox is so disgusting. What is this?
[05:28:00] Joe concha the ultimate power couple will be aosin and sampaig are both agreeing that they would never take their honeymoon in israel
[05:28:05] What the fuck? Dude, these people are fucking freaks, dude.
[05:28:10] You are a nasty pervert, Joe Contia.
[05:28:13] Seven points ahead.
[05:28:14] Last time I lucked says you've said one.
[05:28:16] This is the type of shit we ban motherfuckers for in the chat.
[05:28:19] Like if they were to speak out of pocket like this.
[05:28:25] The smart thing if the economy's stupid, claiming that that's where their focus is now.
[05:28:30] Well, you know, most people go through life and never say a single smart thing.
[05:28:33] So I'm glad that he thinks I said once more.
[05:28:36] I'll take that.
[05:28:37] But I can't answer for these left wing idiots.
[05:28:41] Okay.
[05:28:42] Some people I have a pretty wide strong zone, by the way.
[05:28:44] I don't expect everybody to agree with me.
[05:28:46] I understand that I'm a Democrat.
[05:28:48] I'm part of a big coalition.
[05:28:50] Wait, are you?
[05:28:51] You just said I wasn't a part of the coalition though.
[05:28:54] Oh, I'm a Democrat.
[05:29:00] I'm a Democrat.
[05:29:01] Part of a big coalition of Democrats is not Hassan Piker.
[05:29:07] He's in a big tent and we all have a ignition policy, but thank God Tyson Piker doesn't want
[05:29:14] in our frat because we don't want him.
[05:29:16] All right, so what is he saying?
[05:29:19] You know, with regard to the big tent, you know, I see people sort of trying to walk
[05:29:24] that line with these guys all the time.
[05:29:27] It could have been, they could have been pushed out because he said, well, you
[05:29:30] got to run in your own party. We're not the democratic socialists. Is that still a possibility
[05:29:35] or do you think that they're going to have some success in six weeks from now?
[05:29:39] What I would tell the democratic socialists, if you hate the democratic brand so much,
[05:29:46] why use our words? Go call yourself something else. Call yourself the socialist of America.
[05:29:52] Don't put the first word in your title democratic because that's our party.
[05:29:59] Wait, does James Carville think Democratic Socialists of America is like the Democratic
[05:30:07] Socialist Party of America is in the Democratic Party? Does he think the first the D is like
[05:30:15] Democratic as in the American Party? So does he think the Democratic People's Republic of Korea
[05:30:24] also stole the name from the Democratic Party. What is this guy saying, bro? His brain is
[05:30:34] turbo fried. This is I'm part of guys are idiot. I'm on the other hand a smart guy.
[05:30:45] guy who thinks that the DSA stole the D from the Democrats just like Kim Jong-un. Kim Il-sung.
[05:31:03] They're going to play this forum next time. I hope they do.
[05:31:07] It's a party of civil rights. That's a party of women's rights. That's a party of balanced
[05:31:11] budget that supported the prosperity don't use our name you make up your name
[05:31:17] that that's what i would tell it
[05:31:18] yet you know i mean obviously there has been over the last several years in
[05:31:22] inflation issue we talked a lot about affordability
[05:31:25] you know these guys don't really have an answer for that other than spending
[05:31:30] more government money which is how we got this inflation in the first place
[05:31:35] first of all
[05:31:36] the united states is existed for two hundred fifty years i don't want to
[05:31:39] ever been president for six of the 250 and his person was sponsored one third of the entire
[05:31:45] debt. So I'm very happy to see that people are concerned about the debt. By the way, who
[05:31:53] is the last president to which we had a balanced budget? I happen to know that's Bill Clinton.
[05:31:59] Well, there's no Bill Clinton around in this, in this.
[05:32:02] It's not like you guys liked him when he was doing that shit either. God, this
[05:32:05] stuff. So, it was reaction to all of tonight's stories that we have Pennsylvania said,
[05:32:11] better man dares outside the hit campaign chose the song. Like, I don't really care about this
[05:32:15] anymore. John Federman, I think is the only Democrat that has kind of common sense. I love, I love
[05:32:20] when Republicans are like, Hey, this guy with a very clear intellectual disability born out of a
[05:32:26] stroke is actually the best they have to offer. I'm really liking this guy. That's awesome, man.
[05:32:37] Thank you. Where would he get the money? As far as I know, John Federman never really achieved
[05:32:42] financial independence and in all likelihood is still supported by his parents.
[05:32:46] That's Adam Gentelsen. What the fuck? The search light institute is coming to my defense. They're
[05:33:00] searching and they found the light. What the hell is going on? They searched and searched and
[05:33:11] searched around and they saw the light baby. No centers make like $200 grand a year, um yeah
[05:33:24] but now he has been campaigning strong with son piker. You know of course we all know the
[05:33:31] guy that said America deserved 9-11 and that absolutely despises Israel and Jews and that
[05:33:38] And I
[05:33:47] Bro get this man out of his out of the prison that he's stuck in okay, let him out
[05:33:54] Let him out he's stuck in the basement
[05:33:59] We're gonna save you John do not free him no free him
[05:34:04] And John Fetterman falling into a fountain of his own piss. Yeah, we got to run it back.
[05:34:12] I'm encouraging El Sayed, you know, remind everybody in Michigan who you are and the
[05:34:22] kind of people that you stand with. And I'm offering $50,000 for you to do a rally
[05:34:27] with the Sondpiker on 9-11 the anniversary. And you could all explain to people why
[05:34:33] You know what's really crazy about this like what is like what in his mind?
[05:34:36] What does he think I did does he think I'm like responsible for 9-eleven or something like what?
[05:34:44] Yeah, I think he just wants me to go to this rally so he can kill me
[05:34:49] Like come on stand on top of this X marker and
[05:34:54] And just wait
[05:34:56] America would deserve that 25 years ago, or do a rally.
[05:35:04] That's another $50,000.
[05:35:06] If you do a rally with your sister, you know that she celebrates publicly after the massacre
[05:35:12] of 10-7 for that too.
[05:35:15] These are the people that he aligns with.
[05:35:17] That's the kinds of folks that helped him win the primary now.
[05:35:22] All right.
[05:35:23] Now to a top story.
[05:35:24] Abdul El Sayed, not a big fan of the American dream.
[05:35:27] Okay, we're skipping this shit.
[05:35:30] I'm sorry.
[05:35:31] We do have any comments.
[05:35:35] Republicans avoid commenting on Laura Loomer's reason.
[05:35:36] Laura Loomer, who of course has advised on from the past, her comments calling some
[05:35:41] of her colleagues.
[05:35:42] I apologize for this language.
[05:35:43] I'm repeating what she said.
[05:35:45] Get old black bitches.
[05:35:46] No, I'm not going to talk about it.
[05:35:48] I'm sorry.
[05:35:49] You know Laura Loomer, of course, right?
[05:35:50] Yes.
[05:35:51] So she had been repeating these comments.
[05:35:52] I have no comment that I don't know.
[05:35:54] Would you condemn such comments, though?
[05:35:56] I have no idea what you're talking about, but I'm not there.
[05:35:59] This is someone who's advised Donald Trump.
[05:36:01] And last month's staffing changes.
[05:36:03] No comment?
[05:36:11] Chuck Edwards looks like if Sebastian Gorka
[05:36:15] went to get a skull shrinking surgery.
[05:36:22] in the process is to pay looks extra silly she's been saying I'm on place would
[05:36:29] you condone such comments generally I'm not gonna comment on anything that I have
[05:36:33] not heard correctly I have not seen those comments so I wouldn't be able to comment
[05:36:40] who's she referencing Corey Bush Elphan Omar Katanja Brown Jackson and
[05:36:45] Unixson so not even his congressional class but also the Supreme Court justice
[05:36:49] a candidate. I don't comment on stuff I didn't see. It's been all over the place. She's been
[05:36:59] repeating this. Sure. Would you condemn such comments? I don't comment on stuff like that.
[05:37:11] Dude, isn't it awesome? Republicans have so much better messaging discipline on this shit.
[05:37:15] It's hilarious. Like they just go, I don't know. I didn't see it. So it didn't happen
[05:37:21] Meanwhile, you ask a Democrat to be like, I think you ask a Democrat
[05:37:26] If you're bird-dogging a Democrat, they will run up to you to be like, hey, I just wanted to let you guys know
[05:37:31] I fucking hate his Sompiker. I think you should eat shit and die
[05:37:35] Also, I kind of like Laura Loomer even though the last round of comments that she delivered was a little bit unlike her
[05:37:41] But I fucking hate his I just want to say thank you so much for bird dogging me
[05:37:46] I just wanted to let you know. I hate his son piker. He should kill himself
[05:37:52] Also, I want to want to say it's not just a son piker that I hate if there's one group of people
[05:37:57] I hate is the Democratic Socialism America and also anyone who doesn't say 10m Israel highs in the morning when they first wake up
[05:38:04] I think all of those people. Oh, you're telling me that's 80% or 90% of the base that voted for me
[05:38:10] Well, have I told you how much I hate his son piker?
[05:38:19] Yeah, I will beat his son piker to death with a two by four offered freely without provocation
[05:38:24] That was rom israel immanuel who said that on kassie hanshaw on cnn
[05:38:30] Okay
[05:38:32] I have no idea who you are.
[05:38:35] Prem Tucker with Zatayo News.
[05:38:37] What's Zatayo News?
[05:38:39] U.S. based political outlet.
[05:38:41] Okay. Your comments on that community will be with you. Thank you.
[05:38:45] Nothing about Laura Loomer's comments, calling your calls black ghetto bitches.
[05:38:49] An advisor to Donald Trump.
[05:38:52] Who are you?
[05:38:54] Prem with Zatayo.
[05:38:56] With him.
[05:38:57] Zatayo.
[05:38:58] And what is Zatayo?
[05:38:59] The tale is an American news outlet, kind of swim.
[05:39:04] It's just an American news outlet, I don't know what to tell you.
[05:39:07] Quick question, what are your thoughts on Laura Loomer's comments?
[05:39:09] I have no idea what Laura...
[05:39:18] Tonight is capitalism oppressive.
[05:39:20] Six years before becoming the Democrat Senate nominee for Texas,
[05:39:24] state representative James Talarico, sure...
[05:39:27] more like talafrico going beast mode. talafrico once called to dismantle
[05:39:33] oppressive capitalism like god he he was cooking he was cooking back then. seemed to
[05:39:41] believe that was true that's my talafrico right there young activists have
[05:39:45] have really strong dude I love CNN running these hits by the way that's
[05:39:49] awesome CNN is literally just like oh CNN has been the number one outlet for
[05:39:56] for attacking people that are on the left flank, but now they're just doing it to like
[05:40:02] even James Tallarico. Now they're even doing it to James Tallarico, which is wild, because
[05:40:08] he's already like a pretty, you know, pretty decent moderate. It's awesome on the link
[05:40:13] between climate change and white supremacy and capitalism in our country. And I think
[05:40:19] only in the ways that all three of those impressive systems work together, are we
[05:40:23] going to be able to begin the process of dismantling them?
[05:40:28] Those remarks, which were unearthed by CNN's K-file,
[05:40:31] come from a Sierra Club forum.
[05:40:33] Talarico was participating in back in 2020.
[05:40:37] But at a time that he's hoping to broaden his appeal,
[05:40:39] Talarico has been forced to walk back
[05:40:42] his history of progressive politics.
[05:40:44] A spokesperson for the campaign told CNN
[05:40:46] that Talarico has already acknowledged
[05:40:49] some of his past comments, quote, missed the mark.
[05:40:52] Tolerico called them cringy
[05:40:54] It is what I what some people are calling peak woke. It's almost like a map. Yeah, this is the type of stuff that I get annoyed by
[05:41:04] This is what I hate when people are like, oh, I'm running away from these points of view like just fucking just
[05:41:10] It's fine. Everybody fucking hates capitalism. Just lean into it man
[05:41:15] Lean into it. Yeah, just be like it's very clear that you know
[05:41:20] Capitalism has outlived its usefulness.
[05:41:23] What do you say about a system that basically has created in the wealthiest country on Earth,
[05:41:31] 600,000 people that fall asleep at night outside?
[05:41:35] That's ridiculous.
[05:41:37] There's tremendous prosperity for a handful of people
[05:41:41] and only unlimited struggle for everybody else.
[05:41:50] at the woke mad lives in that statement. But I will say right at this moment, he's not
[05:41:59] alone. I mean, a lot of Democrats don't think capitalism is working.
[05:42:05] That's one thing to not think capitalism is isn't working. Ideally, it's another thing
[05:42:10] entirely to insist that it is oppressive, that it is, yeah, this guy, oh my God,
[05:42:15] This guy loves being on these panels to be like, I'm the smart, reasonable, moderate
[05:42:21] guy every time.
[05:42:24] Yeah, I saw this.
[05:42:31] Anti-Semitism is an attack on capitalism.
[05:42:33] GOP Ohio Governor nominee, Ramaswamy tells the Republican Jewish Coalition.
[05:42:39] You may ask the question, why am I here at the Republican Jewish Coalition talking to you about success?
[05:42:45] It is because you represent the most successful demographic group in America.
[05:42:50] And the anti-Semitism...
[05:42:52] That's crazy.
[05:42:54] He's like, you know, Jews, the money people.
[05:42:58] What is going on?
[05:43:04] What kind of an insane...
[05:43:07] Oh my god, what kind of a sentiment are you are you cooking up here like?
[05:43:17] Yeah, yeah, I come to you
[05:43:19] Jews because I heard you control the weather and the banks
[05:43:24] You know
[05:43:26] An attack on the banks
[05:43:28] It's an attack on you
[05:43:30] ism that is now spreading across our country
[05:43:34] Is not just an attack on Jewish people
[05:43:37] It is an attack on success. It is an attack on the idea of success.
[05:43:43] It is an attack on the idea of meritocracy. It is an attack on the idea of capitalism.
[05:43:49] It is an attack on the very idea of America itself. That is the truth of the matter.
[05:43:59] Jesus Christ.
[05:44:01] I like that secular fellow Semitism is just anti-semitic talking points, but nah, it's
[05:44:10] cool. No, I've said this before. It's literally, it's literally the idea that like, you know,
[05:44:17] uh, yeah, you know, Jews control the media, they control the banks, but they're really
[05:44:22] good with money. And also they've made Seinfeld. So it's awesome. Like that's, that's like
[05:44:28] a sincerely held position at this point it's like sort of like when Hitler turned
[05:44:35] the Japanese on the protocols of elders as I on and they were like damn we never
[05:44:39] knew how cool and smart these guys are no that's literally what happened yes I've
[05:44:44] talked about this before it's one of my favorite subjects to discuss Japanese
[05:44:49] philosemitism is so funny because and it wasn't Hitler that turned the
[05:44:54] Japanese on the protocols of elders Zion he's wrong about that it was the
[05:44:58] It was the Russians. It was Zara's Russia. Okay, and when the Japanese found out about this
[05:45:06] They literally were telling at later like that that carried over and then
[05:45:13] When they were
[05:45:15] When when the Germans were putting Jews in concentration camps the Japanese were like give them to us
[05:45:20] What do you mean? You have like magic money people at your disposal that are
[05:45:24] endlessly popular and you're
[05:45:28] You're fucking you're just you know, you're just discarding them like this doesn't make sense give them to us, please and
[05:45:35] They actually had an idea
[05:45:38] to to resettle all of the Jews
[05:45:43] From the concentration camps the Japanese did
[05:45:46] Resettle them in Manchuria. They wanted to take all the Jews off the hands of
[05:45:52] of the Nazis and resettle them in Manchuria
[05:45:59] Yeah
[05:46:05] The best thing I've seen coming out of Javanese around this is the word goijian that's funny
[05:46:17] Yeah, so there is an alternate timeline where Israel was built in Manchuria
[05:46:28] I'm not even kidding like they just did not understand it at all. They were like, what do you mean?
[05:46:33] You have like these guys who control the banks
[05:46:36] Who have like magic money powers and you're just killing them the fuck's wrong with you give them to us, please
[05:46:43] He's bound up with white supremacy. Well, I've always I've always preferred
[05:46:48] I've always preferred Adam Smith's description of
[05:46:51] capitalism as the natural system of liberty the idea that people can own property that they can exchange it freely with
[05:46:57] one another for profit.
[05:46:58] Yeah, don't get Adam Smith started about landlords, though.
[05:47:01] That they can find ways to put their resources to good use, those private property, and profit
[05:47:07] in a way that is actually beneficial to everyone else, that there can be gains from trade that
[05:47:11] are mutually beneficial.
[05:47:13] These are foundational ideas that have created more wealth than any other system in human
[05:47:19] history.
[05:47:20] That is what capitalism has always worked that way.
[05:47:25] I've just described the actual...
[05:47:27] I've actually just described the basic facts of these knots, slavery is an institution that
[05:47:33] is older than writing, it predates capitalism.
[05:47:36] The notion that white supremacy and all these other things are bound up with capitalism
[05:47:40] and an intrinsic and fundamental way is so absurd and laughable.
[05:47:46] That is crazy.
[05:47:50] That's crazy.
[05:47:57] So, capitalism played no role in the slavery?
[05:48:01] That's...
[05:48:02] I don't have anything to say to this.
[05:48:06] This guy is out of his mind.
[05:48:08] What was it of sir?
[05:48:09] It barely needs to be defended.
[05:48:12] What do you mean it barely needs to be defended?
[05:48:13] It barely needs to be defended.
[05:48:14] You actually have to articulate what the connection is.
[05:48:16] How are these two things the same?
[05:48:18] So here's the thing.
[05:48:19] I'm talking about private property, the right to exchange and sell it to whoever
[05:48:22] you like.
[05:48:23] What is that have to do with white supremacy?
[05:48:24] What is that have to do with white supremacy?
[05:48:25] to work versus how it's actually working.
[05:48:27] It's not working.
[05:48:27] It's not working right now today.
[05:48:29] What is the white supremacist
[05:48:30] dynamic of private property?
[05:48:31] It's not working.
[05:48:32] I think that's the problem.
[05:48:33] I think the problem is it's not working well today.
[05:48:35] I think that for a long time
[05:48:36] that is a great way to describe it.
[05:48:38] Adam Smith Capitalism, if we had that,
[05:48:39] that would be totally different.
[05:48:40] I was like, I wish it worked that way.
[05:48:41] But you don't have that.
[05:48:42] If you look at something like UnitedHealthcare.
[05:48:44] So if I'm in the business of health insurance,
[05:48:48] but my job is to give the shareholders
[05:48:51] the best deal that they can get.
[05:48:53] so that i denied the actual business i mean to the people who pay me
[05:48:57] to give them health insurance i deny them all
[05:48:59] on capitalism was coined as a term in eighty fifty seven to call slavery
[05:49:03] capitalism you're in big trouble wait what why am i in big trouble
[05:49:15] you're in big trouble goofing
[05:49:18] you're in big trouble little guy
[05:49:22] you don't go
[05:49:24] the time because it gives my shareholders
[05:49:26] more money that's where capital
[05:49:28] government regulates health care
[05:49:30] government regulation is exactly what we need more
[05:49:34] when it comes to health care services
[05:49:37] health care in this country is essentially a democratic socialist institution
[05:49:42] so there's only about eleven people who are succeeding
[05:49:46] we're just not catching what either of you were saying
[05:49:49] So, Joe, respond to what you were saying about health care and then you can respond.
[05:49:57] Health care is not something you could say is a pure capitalist thing in this country.
[05:50:01] It's probably the industry that is the least capitalist.
[05:50:04] The government's the biggest financier of it, the biggest regulator of it.
[05:50:08] It's the socialist part of our economy.
[05:50:09] We do have some democratic socialists.
[05:50:11] It is absolutely not the socialist part of our economy.
[05:50:16] I'm always fascinated by the Boris Yeltsin image of him visiting the grocery store and
[05:50:27] his comments afterwards essentially saying that if people in the Soviet Union knew the
[05:50:31] abundance and wealth of a regular grocery store in Texas, they would have a revolution.
[05:50:36] And that just is the symbol of how much wealth and success capitalism has been for many years.
[05:50:41] Yes, and unfortunately capitalism is not working like that anymore for most of the country.
[05:50:45] We have got to a place where we have deregulated everything so much that only a certain handful
[05:50:50] of people are actually succeeding in this version of capitalism.
[05:50:54] We have gone from laissez-faire capitalism to like a predatory capitalism.
[05:50:59] And where we are right now, and I've said this a million times, is like when you play
[05:51:02] Monopoly and somebody has all of the hotels on the whole board and it doesn't matter
[05:51:06] if you're playing the game right, it doesn't matter if you're doing what you're supposed
[05:51:08] to do, it doesn't matter if you get the education, if you get the job, you are
[05:51:11] still always going to lose.
[05:51:13] That is where we are in America right now, and that is not how we should want to be.
[05:51:17] And I'm saying capitalism is a wonderful system if it is working.
[05:51:19] It is not currently working for the American people.
[05:51:21] All right, we're going to take a quick break.
[05:51:23] We'll resume our conversation on the other side of it.
[05:51:25] We'll be right back.
[05:51:26] Well, this could be the last try for jurors in Lindsey Plancy's trial to reach a verdict.
[05:51:31] They will resume deliberations tomorrow morning after telling the judge a second
[05:51:35] time they are deadlocked.
[05:51:37] Unless that changes, this case could end in a mistrial.
[05:51:40] The judge is trying to avoid that, so he sent them back to deliberate with one last instruction.
[05:51:45] As WBZ's Christina Rack shows us.
[05:51:50] After much deliberation, we are still unable to come to a unanimous decision.
[05:51:55] The jury in Lindsey Clancy's trial remains...
[05:51:57] Dude, that is the craziest thing to say.
[05:51:59] More Massachusetts coverage, let's go about.
[05:52:03] Chatter, what the fuck's wrong with you?
[05:52:06] Chatter said, more Massachusetts coverage, let's go!
[05:52:15] Massachusetts mentioned but at what cause?
[05:52:36] Do you support giving free health care to-
[05:52:39] People love your booboo reacts?
[05:52:42] I miss it. I miss her.
[05:52:47] Illegal immigrants in this country.
[05:52:50] Yeah, because they come here, they work just as hard as anybody else.
[05:52:54] Illegal immigrants?
[05:52:55] Yeah.
[05:52:56] What about the American citizens who work that would have to pay for their free healthcare?
[05:53:01] I unfortunately forgot everything that I knew.
[05:53:04] Do you support...
[05:53:11] Bennett. Is there most recent news stand with her? Yes or no? I don't think she did. More
[05:53:22] Lindsey Clancy coverage. I haven't touched his Lindsey Clancy story. And I don't intend
[05:53:32] to start today. Okay. Call me a coward if you would like lately it seems like damn dude
[05:53:46] more perfect union is cooking so hard. Leave it to the professionals cutie. I just I feel
[05:53:56] I feel like I'm too much of a man.
[05:54:26] The right wing pipeline is this given a story?
[05:54:41] Yeah, my opinion is I don't think the only thing I believe in the Lindsay Clancy story
[05:54:55] is that I think it's insane to demand that women not be allowed to vote because of what
[05:55:13] you have perceived people on the timeline to say.
[05:55:22] you're throwing up question marks. But that is like what the Republicans are claiming.
[05:55:33] It's not even a joke. Republicans are straight up making the argument
[05:55:52] women shouldn't be allowed to vote.
[05:55:53] Katelyn Collins.
[05:55:55] It was nice to see Markey won in the landslide.
[05:55:58] President Trump says after the Democratic Senator Ed Markey fended off a primary challenge
[05:56:01] from Representative Seth Moulton last night.
[05:56:04] Trump says he didn't like Moulton.
[05:56:06] What the fuck?
[05:56:09] Dude.
[05:56:12] Even Trump doesn't like Seth Moulton and that's very funny to me.
[05:56:30] Respect.
[05:56:42] He keeps me on my toes. I'll give him that. What is this Bay Area techno fascist realized there in the Bay Area?
[05:56:49] At some point one leader the Hamilton Society has had enough where these guys come from as anyone from the United States
[05:56:54] There's a hierarchy to these place of origin when a gentleman from Argentina gets to speak of a Hamilton officer murmurs an approval base
[05:57:00] another gentleman from Ukraine, however, is met with jeers
[05:57:03] Your face is disgusting and kick him out some in the audience expressed a disapproval by hissing at him others loud
[05:57:09] loudly stomp their feet
[05:57:12] His mic is quickly confiscated and the chaos dies.
[05:57:34] I mean, yeah, why are these guys shocked that San Francisco has a lot of immigrants?
[05:57:41] San Francisco's billionaire back Hamilton decided to extend to the base of right wing
[05:57:48] texting gather 700 people to debate whether the US needs a dictator, the vice versa as
[05:57:52] rotten as you would expect.
[05:57:54] Yeah, no, this is like, sincerely what these guys are cooking up, like Curtis Yarwin,
[05:58:00] Yavin, the dark enlightenment guys, like they think that there needs to be an American
[05:58:05] Caesar.
[05:58:06] Yeah, like he actually advocates for that shit.
[05:58:11] It's so funny.
[05:58:13] Uh-oh.
[05:58:15] Uh-oh.
[05:58:17] Uh-oh.
[05:58:19] You can't see.
[05:58:21] Kyle.
[05:58:23] I'm kind of see her tone.
[05:58:25] Kyle.
[05:58:27] Hello.
[05:58:29] Kyle.
[05:58:31] Come in.
[05:58:33] Come in.
[05:58:35] Come in, Kyle.
[05:58:37] Door's open, Kyle.
[05:58:39] I'm in Kaia, doors open Kaia.
[05:58:45] He can get out, but he can't get in.
[05:58:49] This is the way that the doors are.
[05:58:55] Oh, almost, Kaia.
[05:58:59] Oh my God, almost, Kaia.
[05:59:07] Kaia.
[05:59:09] Oh, man.
[05:59:34] Hi.
[05:59:36] you want. Do you want to treat? Place. Wow. Wow.
[06:00:36] This jacket always gets super wrinkled when I sit down.
[06:00:42] The bag of the suit ain't your business, I see.
[06:00:45] No, this jacket, I don't know what the material is,
[06:00:47] but it just gets unbelievably wrinkled when I sit.
[06:00:56] Don't ever wear those shoes ever again.
[06:00:58] Wait, why not?
[06:01:06] You don't like my shoes?
[06:01:16] They're nice.
[06:01:19] You can see your phone by the way.
[06:01:24] It's fine.
[06:01:26] Nothing going on.
[06:01:28] Yeah.
[06:01:38] Hilger mass shoes.
[06:01:48] in the house because I'm fucking swagged out. What do you mean? Because I'm dripped out, chatter.
[06:01:55] Because I respect you too much. Okay, because I clearly know buckle. No, I have a buckle on.
[06:02:03] Oh, you mean on the shoes? I thought you meant like belt buckle.
[06:02:08] I apologize for caring so much that I dress up for work every day when I don't have to.
[06:02:18] Okay, Kaya, place.
[06:02:31] I gotta get her a bigger couch because I love the couch setup.
[06:02:35] I love the couch setup.
[06:02:37] We gotta get her like a bigger couch that she can fully fit on because it's so funny.
[06:02:48] She's an athlete. Your guests are going to have to sit on the dog couch? No, they're not.
[06:02:57] What are you looking at? What are you looking at? Little cutie, little cutie pie.
[06:03:18] This camera angle feels so high can you put this down?
[06:03:28] No.
[06:03:29] It's a cutie-potootie.
[06:03:31] Mm-hmm.
[06:03:33] Mm-hmm.
[06:03:35] Yeah.
[06:03:40] You should wear a classic light gray suit.
[06:03:51] Uppies?
[06:03:57] You look five foot eight sitting like that.
[06:03:59] Yeah, well it's the, I think this has like a weird lens too.
[06:04:09] The way Kai dangles one paw off her chaise lounge is so cunty.
[06:04:13] Oh yeah, no, she's cunty.
[06:04:23] All right, let's see this more perfect union format.
[06:04:27] We asked Jinzy how they use AI.
[06:04:31] Their answers were surprising.
[06:04:32] Future in Bern.
[06:04:32] Nobody can shut up about how AI will change the world.
[06:04:36] My prediction is that work will be optional.
[06:04:37] If I were 22 right now and graduating college, I would feel like the luckiest kid in all of history.
[06:04:42] The rise of-
[06:04:43] Will we carry the flame if we get to level 10? You skipped the Pascal LeBruh? No, I didn't.
[06:04:47] Artificial intelligence is the next industrial revolution.
[06:04:53] But the young people who are inheriting that world sure would like them too.
[06:04:59] What happened?
[06:05:00] That's awesome, boo. Fuck you. AI sucks.
[06:05:11] Maybe stable arts for the cameras and Marant projects is going to shake you when tapping
[06:05:14] and patting the table. Okay, enough.
[06:05:17] AI is rewriting production as we sit here.
[06:05:22] If you'd let me make this point, please.
[06:05:29] A recent study pulling adults between 18 and 34 showed that they had overwhelmingly negative
[06:05:34] opinions on AI CEOs, and a recent Pew study found a majority are more concerned than excited
[06:05:40] about AI.
[06:05:41] But there's a kind of paradox in these scenes that's easy to miss from the outside
[06:05:44] looking in.
[06:05:45] It's this.
[06:05:46] Gen Z is the generation that uses AI the most, and yet has the most negative opinion
[06:05:51] on it.
[06:05:52] That contradiction isn't represented in the mainstream conversation about AI, which
[06:05:56] which is framed online as a binary debate between blood-eyes who will never touch it
[06:06:00] and die-hard power users who are looking forward to super-intelligent AI solving all their problems.
[06:06:06] We wanted to hold a real conversation that gets into all of those messy contradictions
[06:06:10] and doesn't simplify them into a shape that's easier to swallow.
[06:06:14] To do that, we got 15 young people ages 18 to 25 and Senator Bernie Sanders together
[06:06:19] in a room to see what they would say.
[06:06:21] We got into their views on AI as it relates to dating, friendship, school, the job
[06:06:25] market in the future. Whether they're Luddites or A.I.s...
[06:06:28] Don't disrespect this guy, he's dope. You call... someone in the chat call him Neil Patrick
[06:06:33] Johnny Harris? Come on man, he's cool, he's cool, he's a reporter. I watch him on TikTok
[06:06:39] all the time. Pro-market conservatives or socialists,
[06:06:42] activists or optimists, Gen Z are doing something weirder and harder than just debating
[06:06:48] whether A.I. is good or not. They're figuring out how to live with it.
[06:06:51] It's kind of like building a plane as it flies.
[06:06:54] Nobody really knows where it's going to land.
[06:06:56] AI is like, without a doubt, this incredible tool.
[06:06:58] And it's just like, how are we going to use it?
[06:07:00] It could be all doom and gloom.
[06:07:01] Or it could be beautiful.
[06:07:02] It could be like, you're sitting here as a bystander
[06:07:04] from Mars.
[06:07:06] Senator, I actually disagree with the statement
[06:07:08] that we should have the government directly take
[06:07:09] a stake in AI companies.
[06:07:11] We started by asking everyone some questions
[06:07:13] to get a sense of their views.
[06:07:15] All right, so first question for everybody.
[06:07:17] How much do you use AI?
[06:07:19] If you use it all the time,
[06:07:21] stand on this end of the room.
[06:07:22] If you never use it, stand on this end.
[06:07:25] And if you're somewhere in the middle, stay in the middle.
[06:07:31] All right, next question.
[06:07:32] That's actually shocking.
[06:07:33] Also, they're just ripping Jubilee and I'm here for it.
[06:07:36] I love that they're fucking stealing Jubilee's format.
[06:07:39] This is like Jubilee, but not evil, dude.
[06:07:42] That's awesome.
[06:07:44] Like, this is Jubilee, but good.
[06:07:46] AI will be a net good for society. If you agree, stand on this end. If you disagree, stand over on that end.
[06:07:56] I noticed that the response to these prompts mirrored the contradiction we talked about earlier.
[06:08:02] A lot of the people who shared that they used AI frequently also thought that would be bad.
[06:08:06] I'm actually shocked at how much people don't use AI even in this group.
[06:08:12] group like that's actually kind of confusing to me I would have expected most people to be uh yes
[06:08:19] on using AI but then also uh most people to say it won't be a net good for society
[06:08:27] for society. Rabia, why is that? Whatever innovation might happen uh in a system that
[06:08:32] doesn't skew towards self-report bitch I don't I am famously a Luddite. It's not a self-report at all.
[06:08:40] I don't, I don't use AI so much that I think it's a literal detriment because it's it's something that like so many consumers have adopted at this point that I'm literally, like my job requires me to be in touch with what normies are doing.
[06:08:59] And I feel like I am a little bit out of touch because I don't know the intricacies, I don't know the tools, I don't know what the new thing is.
[06:09:12] And it's not even just like generative AI in general, I just don't know anything about it.
[06:09:18] Like the other day you guys sent me that website, I was like, wow, what a nice looking website.
[06:09:23] And I couldn't clock that it was made with AI until I started reading the prompts.
[06:09:28] So, I just, I don't know.
[06:09:40] And I worry, I worry about that because I'm like, I'm so oblivious and so clueless with
[06:09:46] the exception of chat GPT speak, which I can clock.
[06:09:51] I'm so oblivious to what's AI and what's not that I get fucking annoyed that I'm
[06:09:55] I'm worried that I'm going to not recognize what things are AI.
[06:10:02] Working class, people, I don't think it'll be that good at the moment.
[06:10:06] But the tool itself, I do see it as positives.
[06:10:09] On the other side of the spectrum, silos and hope.
[06:10:13] I personally believe that AI has the potential to do immense good in society.
[06:10:17] That being said, the existential risks from cyber and military capabilities are huge.
[06:10:22] and there are fears of bad economic policy
[06:10:25] leading to unemployment.
[06:10:27] Right on.
[06:10:28] Yeah, it's not just the bad economic policies
[06:10:32] because you don't hate AI, you hate capitalism, right?
[06:10:35] I've said this before many times over,
[06:10:36] you don't hate technological developments,
[06:10:38] you hate capitalism.
[06:10:40] Because capitalism makes sure
[06:10:42] that those technological developments
[06:10:43] don't actually yield positive outcomes for you
[06:10:47] because the goal in the hands of capitalists,
[06:10:50] capital owners is to, you know, use this to improve efficiency and eliminate redundancy.
[06:10:56] That means you get to do the job of four people, and that means you lose three of your coworkers
[06:11:02] in the process.
[06:11:04] So the guy that remains in office, the guy that remains in the office now has way more
[06:11:09] workload.
[06:11:12] And the other three, well, they now just, they just lost their jobs.
[06:11:20] The other part of the problem, of course, with AI, and this is a major problem that
[06:11:24] I have talked about as well, is cognitive offloading.
[06:11:31] China's average exam score never used AI versus using AI.
[06:11:36] I mean, I don't know where the study is coming from.
[06:11:39] I don't know how reliable this is, but this is terrifying to me.
[06:11:43] I think AI is making people dumber.
[06:11:47] Then there's also the capacity for AI to create really weird outcomes
[06:11:55] because everything that I have seen, everything that I have seen of AI is
[06:12:00] that it constantly glazes you.
[06:12:01] It's a glaze bot.
[06:12:03] It's basically filleting you with reg with every single day.
[06:12:07] It's just every single thing that you bring up.
[06:12:09] No matter how dumb as fuck your idea might be I was like, oh, it's great. This is a great idea. Thank you king
[06:12:15] Thank you for sharing it with me and
[06:12:18] That's not good
[06:12:20] That's not good for for man
[06:12:23] Who is otherwise a social animal that kind of like sycophant in your pocket?
[06:12:29] It's brilliant sycophant in your pocket that has access to all
[06:12:32] All readily available information on the internet. That's like constantly glazing you's gonna make a lot of dumb fucks love this thing
[06:12:39] Which it already has
[06:12:41] Okay, and not only that but also it's easily manipulated
[06:12:47] We've seen this with
[06:12:50] Israel obviously
[06:12:52] The the Brad Parscale operation showed how easy it is to manipulate with a couple million dollars
[06:12:59] You can just like create websites
[06:13:01] that AI crawlers use to change the outcome of certain queries,
[06:13:11] certain inquiries.
[06:13:14] And that is terrifying as well, because like in the future, you're going to have like Nabisco and everybody else.
[06:13:21] Navisco and all these other fucking companies are just gonna make fake websites to
[06:13:28] to
[06:13:30] Generate positive outcomes for whatever thing that they care about
[06:13:34] so now you have this tool that a
[06:13:39] Ton of people love
[06:13:42] This tool that a ton of people rely on this tool that a ton of people trust because it's like established trust
[06:13:49] with the average consumer giving them
[06:13:54] faulty information and that's how easily
[06:13:58] you can manipulate collective consciousness.
[06:14:01] I don't like that. I don't like that at
[06:14:10] all. We need to have safeguards on this
[06:14:12] thing. We need to have guardrails on
[06:14:14] this thing.
[06:14:30] You would never guess the country, it's Israel.
[06:14:32] Yes, it's the country of AI.
[06:14:34] It has more than 2,000 AI startups, the highest per capita in the world, higher than
[06:14:41] America, India and China. And everybody is an AI engineer. I am an AI engineer. I am an AI engineer.
[06:14:50] Building AI startups. AI for data. AI email assistant. AI that unlocks the web for agents. AI that
[06:14:56] accelerates startups. AI that supports cancellation. AI for beautiful design. There is so much AI
[06:15:02] that NVIDIA is building their biggest office outside the US here for 10,000 workers and
[06:15:09] Open AI is hiring here. The country is Israel
[06:15:15] Wow
[06:15:17] Wow
[06:15:19] so shocked
[06:15:25] No way
[06:15:27] I'm shocked what Israel
[06:15:30] Getting invested in another horrifying enterprise small country with only 10 million
[06:15:36] the size of New Jersey.
[06:15:38] And every skyscraper is full of AI startups.
[06:15:43] Yes!
[06:15:44] So why is everybody doing AI?
[06:15:47] Because they prepared 30 years ago.
[06:15:51] They spent 7% of their economy on research and development,
[06:15:56] on technology every year for 30 years,
[06:15:59] more than any other country in the world.
[06:16:02] And when AI came, it was the perfect technology for the prepare.
[06:16:08] Everyone became 10 times faster overnight.
[06:16:12] It just took 30 years of preparation.
[06:16:16] So if you want to see the future of AI,
[06:16:19] go to San Francisco, go to Shanghai, or here in Tel Aviv.
[06:16:32] I mean, what can I even fucking say, man?
[06:16:41] Classic Israel, by the way, just not able to read the room.
[06:16:46] Just a consistent inability to read the fucking room.
[06:16:56] and being like, yeah, we're the AI country,
[06:16:58] we're the startup nation.
[06:17:02] Hmm, you would never guess the country.
[06:17:07] 95,000 line.
[06:17:18] Ugh.
[06:17:26] I think the future of AI is open source, decentralized and local running on a powerfully
[06:17:36] efficient home computer like Apple Silicon Macs.
[06:17:38] It's the best of both worlds.
[06:17:40] You get the productivity gains without enriching these fake money, Megaport, Corpse and contributing
[06:17:44] to data center builds.
[06:17:46] I don't disagree.
[06:17:47] And like I said, I'm not anti AI across the board.
[06:17:50] I just hate that it's adopted by all the worst people.
[06:17:55] And I think it has very significant shortcomings.
[06:17:59] It has very significant dangerous outcomes that we're just kind of casting
[06:18:04] aside as though it's not that, that's not that important.
[06:18:08] And I don't like that.
[06:18:10] Yeah.
[06:18:10] What, what about you, Hope?
[06:18:12] I believe that fundamentally we have to be optimistic.
[06:18:15] I think that regardless of how you feel ethically, we can all agree
[06:18:18] that it's not going anywhere.
[06:18:20] And so we have to believe in the future in which we have the right legal frameworks and the right policy and the right leaders
[06:18:25] to guide us in a direction in which AI is ultimately used for the betterment of all humanity.
[06:18:31] The point Hope brings up is AI inevitable and if so, who benefits?
[06:18:35] Is a question we kept coming back to later with Senator Sanders.
[06:18:38] We'll get to him in a second because odds are Bernie is a big part of why you clicked on this video,
[06:18:43] but first let's pivot from how they feel about AI to how they do or don't use it in their lives.
[06:18:49] I feel comfortable sharing personal problems with AI chatbots.
[06:18:55] I understand why people seek friendship with an AI chatbot.
[06:19:03] And is it okay to use AI for texting back a friend if they won't ever find out?
[06:19:11] So Liam, I noticed that you're the only one standing in the area where I'll come join you.
[06:19:16] Alright, thank you, I appreciate it.
[06:19:17] understanding. Why do you agree that it's okay to use AI to text a friend?
[06:19:22] I'm not a big texture anyway. I think usually it's just a bunch of nothing being said.
[06:19:27] Takes a lot of time and I think my friends will find that.
[06:19:29] Bro, that's crazy. That's actually crazy. What the fuck?
[06:19:36] It's better to just not text them than to make the robot do it, I think.
[06:19:41] Funny, so I think it's okay. But I would rather not text that,
[06:19:44] I'd rather have a talk or a phone call.
[06:19:47] I would support my friend if they were in a romantic relationship with an AI chatbot.
[06:19:52] So we get some details here like, what kind of way would you support it?
[06:20:02] Getting them like mental health help, seriously.
[06:20:05] I'm serious, you guys, if somebody is having a relationship with an AI bot, they need
[06:20:11] to be seeking a doctor like this is AI psychosis.
[06:20:16] I could support them in terms of mental health,
[06:20:18] but I can't support that in any other sense.
[06:20:22] Maybe I make them like a hinge profile or something.
[06:20:24] Yeah, yeah.
[06:20:25] I think for me, like the tough part about this is,
[06:20:27] ultimately, there is no tough part about this.
[06:20:32] The tough part about it is that you're on board with it.
[06:20:35] That's tough for everybody else.
[06:20:37] That's tough for me for knowing someone
[06:20:39] that is on board with AI girlfriends and boyfriends.
[06:20:42] What the fuck?
[06:20:44] Friend and that relationship means something.
[06:20:46] And I think there's something to the idea
[06:20:48] of whether you engage them where they are
[06:20:50] or you abandon them at that point.
[06:20:52] That's 2026, everyone's lonely.
[06:20:54] You gotta meet them where they are.
[06:20:56] While the prospect of supporting your friend's relationship
[06:20:58] with an artificially intelligent boo
[06:21:00] was treated by most of the group as pretty absurd,
[06:21:03] Tony was taking it seriously.
[06:21:05] And when Bernie met with the group,
[06:21:06] he took it seriously too.
[06:21:07] The first topic he asked about
[06:21:09] was how technology changes our human relationships.
[06:21:12] All right, first of all, thank you all very much for coming.
[06:21:15] All people in your generation having a hard time
[06:21:20] knowing how to relate to other people.
[06:21:21] Yes, 100%.
[06:21:22] I'm currently a senior in high school.
[06:21:24] The people in my school are very socially awkward.
[06:21:27] The counselors are saying,
[06:21:28] you need to learn how to talk to people,
[06:21:29] get off your phone.
[06:21:30] The fact that a lot of people my age spent
[06:21:33] formative years online during COVID,
[06:21:36] I think it's brought a lot of us
[06:21:37] of like the ability to socialize.
[06:21:39] something hit the nail on the head. I started a job last year as a
[06:21:42] bargainer for a labor union and the first time I sat across from management
[06:21:46] I wanted to like pull my laptop out and pretend like I was working because I
[06:21:48] didn't want to look them in the eye or anything.
[06:21:50] And I thought back to where I learned the skills to I think engage
[06:21:54] and it was in my school. I went to a really big public school in Phoenix,
[06:21:57] Arizona, and that's also ground zero for the school voucher experiment going
[06:22:00] on. And a non-insignificant part of that
[06:22:02] school voucher experiment is AI computers in schools
[06:22:06] get every kid on their own individual track, and I think especially after COVID it's just really
[06:22:10] puzzling to me how we decided that was the way to go as opposed to realizing how important teachers
[06:22:15] are in that human connection in schools. On the topic of schools we wanted to know how this group
[06:22:20] was adapting to AI in some of the places they spend the most time in, workplaces and classrooms,
[06:22:26] and what are some of their red lines around when, where and how to use AI. It is okay to use
[06:22:32] AI for school assignments if the teacher won't find out. Agree? Disagree.
[06:22:40] What about for a job? Okay, these guys are goody two shoes, man. That's crazy.
[06:22:46] That's the other side of the story. It's like, I wonder, I wonder what I would have done if
[06:22:51] AI tools were like readily available. I wonder what I would have done if AI tools were readily
[06:22:58] available. I probably would have fucking cheated a little bit. I don't know.
[06:23:02] are we really still platforming this terrorist yes I like that you took ownership over it
[06:23:14] too yeah we're all doing it and you are too what the hell did Bernie do yeah
[06:23:25] A job application if the employer never finds out.
[06:23:33] I used it one time.
[06:23:34] How did you use it?
[06:23:35] What way?
[06:23:36] From my resume.
[06:23:37] You just helped me with the format.
[06:23:38] I wrote the stuff myself though.
[06:23:39] I didn't make it ready for me.
[06:23:40] I feel as though another reason why in some ways it could be okay to use the AI in a
[06:23:44] resume is because a lot of jobs are using AI to even pinpoint out your resume.
[06:23:48] I feel guilty when I use AI tools.
[06:23:52] I think I'm the closest person who lives in New York City like Memphis.
[06:23:55] You can live 10 miles out from the XAI data centers and you will still smell the fumes
[06:24:00] that are coming from it.
[06:24:01] I mean, it's for GROC at this point.
[06:24:03] It's for a chatbot if it was the AI they promised us stuff like cancer diagnosis.
[06:24:08] But since it's to generate gifts on Twitter I think people are a little bit more dour.
[06:24:13] Don't do a man I hate it because it like it does put your mind on autopilot you
[06:24:16] don't really need to learn the shit is just like I don't want someone to trust
[06:24:19] to be faking the knowledge because they faked their entire college wait what?
[06:24:23] Brother, I don't think you need to worry about me using AI to cheat on tests in college.
[06:24:27] I'm 35 years old.
[06:24:29] Okay.
[06:24:30] Like I'm 35 fucking years old and also on top of that, I'm going to repeat it one more
[06:24:37] time.
[06:24:38] I'm such a Luddite that I'm like a like a gold star anti AI guy.
[06:24:43] I've never downloaded an AI app even to like try to test it out to understand it.
[06:24:48] It's kind of, it's becoming, I think it's becoming a weakness in my opinion.
[06:24:52] I think it's becoming a weakness that I just like have no experience with AI
[06:24:56] whatsoever.
[06:24:59] On something like that. And ultimately, the Pope, I'm Catholic.
[06:25:03] He put out an encyclical talking about the,
[06:25:05] the humanitarian aspect of life and how AI generally just degrades that over
[06:25:10] time. And I think even the most mundane tasks at something,
[06:25:14] you did try chat, you be live on stream back in the day when it first
[06:25:17] launched.
[06:25:17] I
[06:25:20] Think that was the first I forgot about that you're right. I that was the first and last time I ever used a high
[06:25:30] You made a conservative rap
[06:25:36] Very personal and very human to your life. I don't think there's much
[06:25:39] Okay, let's try to break it again. Let's do it's not oh wait. Oh wait. Never mind. It's working
[06:25:46] I've never used chat GPT before how do you use it? Is it just like you just go to chat gbt.com or something?
[06:25:52] Okay, can I just what how do I start off do I establish who I am? Hello? I am a Twitch streamer
[06:26:01] Hello, it's nice to meet you. How can I assist you today as a twitch streamer? I'm gonna say please give me
[06:26:07] ideas on how I can use chat GPT around
[06:26:13] creative content on my
[06:26:15] Twitch stream actually you know what I decided that's actually too smart of a thing
[06:26:21] Do you know what?
[06:26:23] Cousy is I'm sorry, but I am not familiar with the term Cousy. Cousy is a car pussy
[06:26:29] I'm sorry, but I must inform you that the term Cousy is not appropriate or respectful language as an
[06:26:45] This model was so bad, do it right now, it's up this game, maybe after this.
[06:26:59] I'm like combing a database and a website for hours on end and I think if you can use
[06:27:04] AI to do the more thoughtless things in life, you can have more room to actually think.
[06:27:07] There's something really human about the mundane, but I think there are some tasks
[06:27:11] that are purposefully made to be confusing in a way that I'm not trying to deal with
[06:27:16] all of that.
[06:27:17] So like reading my lease agreement, I'll run that through Claude, like I have no shame
[06:27:19] in that.
[06:27:20] People had a pretty wide range of feelings about their personal red lines on AI, but
[06:27:24] the next topic was one almost everybody worried about, including Bernie.
[06:27:28] There are now robots working in restaurants.
[06:27:32] You don't have to talk to a waitress or a waiter.
[06:27:34] Some people would argue this is really quite efficient.
[06:27:37] I have a robot do it better than you can do it, faster than you can do it.
[06:27:41] do we lose something? Is there a human element? Is that important or is it not important?
[06:27:46] Have you seen them?
[06:27:47] I'm a teacher and my students literally treat chatbot as a friend and counselor is really
[06:27:50] dangerous they also get it to do really easy tasks so I worry about their cognitive offload
[06:27:56] yeah.
[06:27:57] I will admit as a zoomer I use AI every day I use grok, imagine to generate house on
[06:28:02] a gaming screen because there's no other way I can watch it do the embargo we have
[06:28:05] on fun content. It works pretty well although every so often the video cuts to a shot
[06:28:10] of Elon Musk begging Grimes to come back.
[06:28:17] Okay, well.
[06:28:20] I have heard about it, everybody tells me I should see it.
[06:28:32] Basically, humans all live on a spaceship like rolling around in wheelchairs and robots
[06:28:36] do everything for them.
[06:28:38] There comes a time, I forget exactly how, that the humans cannot maintain that existence
[06:28:42] and they have to actually get out of the wheelchairs and it's very hard for them to do.
[06:28:47] And I would be very worried about a world where AI does everything for us and friction's
[06:28:51] removed.
[06:28:52] Earlier, Tiajia talked about her bosses seemingly trying to create this very reality.
[06:28:57] Sherry, you're a Starbucks worker.
[06:28:59] Yes.
[06:29:00] Have you encountered AI there?
[06:29:01] Yes.
[06:29:02] We were being told that we had to use the AI and if we did not use the AI there
[06:29:07] It would be repercussions.
[06:29:08] It did nothing but make everything a lot more unorganized.
[06:29:11] Starbucks added a chat GPT feed.
[06:29:13] Yeah, like my only experience with AI is that like,
[06:29:16] my primary care physician has deployed
[06:29:23] an AI messaging bot now and I fucking hate it.
[06:29:29] I hate it so much.
[06:29:32] I don't know, but this is the type of stuff
[06:29:34] I just like can't comprehend is it is it because I'm a boomer and I'm like oh I
[06:29:40] wish I could talk to someone on the phone or is it just bad because it feels bad
[06:29:49] it just it sucks it does not improve efficiency at all and I don't trust it
[06:29:56] either I hate AI chat everyone I know who is a normal office job is being forced to use AI these
[06:30:05] companies made billions in investments and they're trying hard forced to use it to make a return is
[06:30:11] hurting these companies so much.
[06:30:25] Nature onto their Starbucks app.
[06:30:27] The ChatGbt will recommend a drink that does not exist.
[06:30:31] So it not only removes the interaction between your barista and the customer,
[06:30:37] but they're basically just yelling at you like you know what it is
[06:30:40] it is and you're confused because it's like, we have a menu, it's right here.
[06:30:45] The consequences of AI often have nothing to do with whether or not the AI actually works.
[06:30:50] They're about how corporate America wants to use the AI.
[06:30:54] Bernie and this group saw AI in the context of the economy we're living in right now
[06:30:59] and the kinds of values that built it.
[06:31:01] All right, we're dealing with a very profound economic issue if you like, philosophical
[06:31:05] issue if you like.
[06:31:06] A lot of what goes on in our society today is efficiency.
[06:31:10] What's your problem with that?
[06:31:11] What's the problem?
[06:31:12] Isn't the goal of society become more and more efficient?
[06:31:14] Efficient for who?
[06:31:16] Right?
[06:31:17] Well, elaborate on that, yes.
[06:31:18] Like, it's making things efficient for the boss,
[06:31:20] but like, I'm a person too.
[06:31:21] I have my own needs that need to be met,
[06:31:23] and I'm just being taken out of this equation, right?
[06:31:25] When you're interacting with a chatbot,
[06:31:27] speaking on behalf of the company,
[06:31:28] and they're not doing what you want them to do,
[06:31:30] there's no one coming to save you.
[06:31:32] It's just you and this faulty technology.
[06:31:35] And to me, that demonstrates a lack of care.
[06:31:39] The company, the institution doesn't care enough about you
[06:31:42] to give you a human representative
[06:31:44] that understands and empathizes with your needs
[06:31:46] and will therefore help you out.
[06:31:47] It's frustrating to me to know that companies
[06:31:49] are making so much money,
[06:31:51] but people are working harder, longer hours,
[06:31:54] and then not being able to put their kids through college
[06:31:55] or when they do, they're not guaranteed a job
[06:31:57] because of that technology.
[06:31:59] AI is like without a doubt this incredible tool
[06:32:01] and it's just like, are we gonna use it
[06:32:03] to make the 1% richer?
[06:32:04] Are we gonna like use it to like start helping the working class and further ourselves as a society do you guys?
[06:32:09] Personally worry about your economic future. What kind of jobs are gonna be out there for you? Absolutely?
[06:32:16] I'm a computer science major
[06:32:18] I was working as a food runner at a restaurant and one of my co-workers had recently graduated and they told me that they were
[06:32:25] Computer science major as well
[06:32:27] And that they had a tough time, you know finding jobs
[06:32:30] And I think there's a lot of people who have had the same experience.
[06:32:35] I have a relative who earns the majority of their income by driving Lyft and Uber.
[06:32:41] And I moved to Atlanta for college.
[06:32:42] And before that, I'm my favorite reality.
[06:32:45] Just read the headline nearly 95% of companies saw zero return on in-house A.I. investment
[06:32:50] quarter.
[06:32:51] Oh, yeah, I remember this when it first came out.
[06:32:53] Yeah, they put a lot of money into it.
[06:32:56] And then, you know, they wanted to make it work at least.
[06:33:00] Otherwise, otherwise what the fuck are you wasting this money on, right?
[06:33:10] Otherwise, it's a goddamn waste.
[06:33:15] Now it's mainly ads, by the way.
[06:33:17] Ugh, we're in a major Silicon Valley M company and I saw someone with a furan shirt, you've
[06:33:23] got support in the billy of the AI beast, apparently.
[06:33:29] not great for moderate Democrats or their allies are describing them as fighting for
[06:33:32] normalcy nothing more. Oh, but also not good for moderate Democrats or their allies are
[06:33:40] Jonathan fucking Greenblatt who defended Elon Musk throwing up a double sigile as the
[06:33:46] the premier combater of anti-Semitism.
[06:33:57] No.
[06:34:16] My step dad is a tech guy and he talks about his Claude agents like they're the these goaded employees
[06:34:24] The company he works for doesn't even pay for the AI they rely on limited tokens
[06:34:28] I hate it so much and I worry one day he'll let go
[06:34:31] He'll be let go my mom will be cooked. Oh
[06:34:35] That's a better fear than him going, you know AI psychosis never seen a self-driving car now
[06:34:41] Now I see you Waymos everywhere.
[06:34:43] In fact, every other Uber I take is a Waymo.
[06:34:45] So now I can't help but think I'm actively watching the people I care about being automated.
[06:34:50] Bro, I am fucking terrified of Waymos.
[06:34:54] Can we talk about Waymos for a second?
[06:34:56] Oh my god, brother.
[06:35:00] Again, I know I'm a Luddite.
[06:35:02] I know I'm probably wrong for feeling this way.
[06:35:05] But I am so scared of Waymos, like when I'm driving, when I'm driving down the
[06:35:10] road, and there's just a car with no driver in it. I'm like,
[06:35:13] what if this thing just decided to go rampage mode? When I'm
[06:35:18] walking down the road, it's even scarier as a pedestrian. I'm
[06:35:22] like, I didn't sign up for this shit.
[06:35:29] It just doesn't make any sense to me that from a pure public
[06:35:35] safety perspective. The fact that let's say I'm fucking walking my dog and you got a car
[06:35:46] with no driver in it. What if it just, you know, drives over me? What if it just like
[06:35:51] decides it's murder time? I don't know why I'm turning into, I don't know why I'm turning
[06:35:57] Southern here but what if it's murder murder time the fuck is going on murder
[06:36:04] time it won't amount I don't know I'm just afraid of it and there's no current
[06:36:10] alternative for them we're being promised new jobs but people are hungry now
[06:36:14] people need jobs now okay at what point will we start to see new jobs being
[06:36:19] produced it's a rhetorical side of hand they do by saying look at what it could
[06:36:23] do. That's not what we're actually doing. That's not what we're investing because what
[06:36:28] they're investing in is these hyper-scaled data campuses that can, you know, train these
[06:36:32] huge LLMs. They like that association with genuinely helpful technologies, but then they
[06:36:38] themselves are not actually committed to those specializations. They're committed
[06:36:43] to their own corporate interests.
[06:36:46] The predicted benefits of AI to society, we're all told, are massive. And maybe
[06:36:50] That's true, but right now they remain largely hypothetical. I think we're gonna have more of like a gig type of economy
[06:36:56] We're having more entertainment based jobs. I think we're I mean if let's say you know my future is correct
[06:37:02] I I think you're gonna have been a world where people have so much leisure time and freedom where maybe people start reading again
[06:37:09] Like it could be all you know doom and gloom and like Wally
[06:37:12] Or it could be beautiful, you know could be utopia. I mean and we don't know that's wishful thinking all right
[06:37:17] You just say it could be like you're sitting here as a bystander from, you know, Mars, you're not you're an American citizen, right?
[06:37:23] So who's gonna who is pushing AI right now? Let's talk about that one
[06:37:28] corporations who very wealthy Samo the wealthiest people in the world right musk
[06:37:34] Bezos Mark Zuckerberg the Ellison family putting hundreds of billions of dollars into AI and robotics
[06:37:41] What are their motives who wants to jump in the way that they displace workers really disempowers workers
[06:37:47] If everyone is replaceable, then everyone is kind of beholden to our tech oligarchs
[06:37:54] who are able to threaten our jobs at any moment.
[06:37:56] Okay?
[06:37:57] These billionaires, they have a lot of time to think about their legacy, what they want.
[06:38:02] They can flip districts, they can craft the society that they want, and I see it all over the country.
[06:38:07] Do you think that there's an ideology behind that power?
[06:38:10] I do, yeah. And it's not democracy.
[06:38:12] I mean, some of them have even talked about wanting their own autonomous zones.
[06:38:17] like they want to basically recreate a society.
[06:38:19] They have no cameras on the bottom,
[06:38:20] so if you get hit and fall underneath,
[06:38:22] it will speed up on top of you.
[06:38:25] Jesus Christ.
[06:38:28] Around the corporation is a governing power,
[06:38:30] and them as basically the sole authority.
[06:38:33] I mean, effectively, we're going to become subjects
[06:38:35] instead of citizens in their worlds.
[06:38:37] All right, I'm a senator.
[06:38:39] What would you like me and my colleagues to do?
[06:38:43] Similar to what you've done, Senator Sanders
[06:38:45] offering an affirmative vision for what AI can do.
[06:38:47] Listen, you want this to automate work
[06:38:49] and you want this to automate manufacturing, that's fine.
[06:38:51] We're gonna take those dividends
[06:38:53] and we're gonna pay teachers more,
[06:38:54] we're gonna pay home care workers more, nurses more.
[06:38:56] Dogs are getting replaced too, we're replacing Kyle.
[06:38:59] Imagine you're a fox with night vision goggles on.
[06:39:02] You just found a kill switch for the dog.
[06:39:04] Can I take full control of the dog?
[06:39:06] Would these robots happen to be secretly sending it?
[06:39:09] Yeah.
[06:39:15] Yeah, Mike Israel has like full-blown AI psychosis. I know he's wearing like a Palantir shirt the other day
[06:39:22] Dude, that's so terrifying. Like you have people who got PhDs and shit
[06:39:28] You're saying you should want ordinary people to benefit
[06:39:33] from AI robotics the control that is to be in the hands of these AI CEOs
[06:39:39] Should probably go to us because AI is a result of like our recorded behaviors
[06:39:43] So, in such a hypothetical legislation, if it is possible...
[06:39:47] Well, I've introduced it, actually.
[06:39:49] All right, but let me see if we're on the same page here.
[06:39:53] What I have said, and you know, many other people feel the same way, is what is the foundation
[06:40:00] of AI is all of the knowledge that human beings have accumulated.
[06:40:05] All right, I've written a number of books.
[06:40:07] Guess what?
[06:40:08] That information is in AI.
[06:40:10] Should the guys who own the company just make huge amounts of money off of that?
[06:40:13] No, then it gets to, let's say some big companies,
[06:40:17] we got a great idea, we know how to eliminate
[06:40:21] all of these millions of jobs,
[06:40:23] and you, corporation, are gonna make a fortune.
[06:40:25] We're gonna cut your labor costs by 90%, right?
[06:40:28] Whoa, let's do it.
[06:40:30] Well, you think the people should have a say about that.
[06:40:34] So with the legislation that I've introduced,
[06:40:36] it's called an AI American Wealth Fund,
[06:40:40] which does two things.
[06:40:41] It makes sure that if AI prospers, the American people gain half of the benefits, at least,
[06:40:48] and half of the members of the boards are selected by the people, which means that if there's
[06:40:53] a bad idea out there, you will have public representatives who say, sorry, you're not
[06:40:59] eliminating 10 million jobs.
[06:41:01] Does that make sense to you?
[06:41:03] What else should we be doing?
[06:41:04] Specifically on data centers.
[06:41:06] I know there's been talk in commissions and whatnot, but I do think a governmental
[06:41:09] Commission with subpoena power that brings these leaders here and get them on record and have them
[06:41:14] be transparent about these data centers will not only serve us now but in the future when they do
[06:41:19] fall back if they fall back on their promises. Okay, what thoughts on that? I think that legislating
[06:41:24] that all AI needs to be labeled as what it is and so that there's not as much question of what's
[06:41:30] real and what's fake. All right, Charles. Senator, I think that I actually disagree with
[06:41:35] the statement that we should have the government directly take a stake in AI companies.
[06:41:39] I personally believe that the AI policy is stuck in a binary where you have people saying
[06:41:43] go, go, go, and then on the other side stop everything now, data center moratorium, capture
[06:41:48] the companies.
[06:41:49] We need regulations around privacy and dynamic pricing, but right now we're seeing that
[06:41:54] AI is actually adding value to American lives and their stats to back it up.
[06:41:58] I would ask, is it worth living next to a data center?
[06:42:01] I would say to that that I personally grew up next to an interstate highway, a water treatment
[06:42:05] plant and a railroad.
[06:42:09] And those are all goods that serve everybody and make everybody's lives better.
[06:42:13] And there are also regulations on those goods to make sure that they don't hurt everybody
[06:42:16] around them.
[06:42:17] So I don't think the people living in East Palestine would say that the way that we
[06:42:22] have gone about regulating railroad infrastructure has been successful.
[06:42:26] And I think that this is just yet another example of massive corporations trying to build infrastructure
[06:42:32] in their communities that is not going to be very safe for those.
[06:42:36] Holy, the debots have hit the crashing out video by the son of Be Hard.
[06:42:41] Which video?
[06:42:42] The Kilotonics video?
[06:42:56] crashing out video what's oh Philip DeFranco video this one well Phil we
[06:43:06] are
[06:43:12] let's see
[06:43:16] Hassan is isn't Muslim also was raising the turkey out the US if Americans
[06:43:20] were as outraged Hassan is already the most tame water down version of left
[06:43:24] This is when you copy the URL to share it, make sure to delete everything including what?
[06:43:31] It doesn't seem that bad.
[06:43:51] Please stop banning drama-baters.
[06:43:59] John Fetterman said he'd offer to kid El said if he can't pay with him on 9-11, if
[06:44:03] Hassan has nothing to be afraid of then he should do it.
[06:44:07] I mean, I don't think John Fetterman has $50,000 and I also don't want to go to a place
[06:44:12] that John Fetterman wants me to go to for $50,000 anyway.
[06:44:17] Thorpe by new? I did. This is new.
[06:44:20] Well, Phil.
[06:44:22] Or it was new before here.
[06:44:29] Hassan literally supports terrorists. We don't have to support him at all. Hassan is a Muslim.
[06:44:33] He was also raising the U.S. not, or raising Turkey, not the U.S.
[06:44:41] Someone said they dislike you as much as they dislike Trump? No. No. No. Sex
[06:44:46] 6 Pestiny fans absolutely hate me a lot more than they hate Trump. They hate me more than
[06:44:56] they hate way more than they hate Elon Musk than they hate Trump. All of them. They are
[06:45:05] singularly invested. Bro, they're literally collaborating with Trump's forces right now.
[06:45:12] in the past has said that he'd prefer Adolf Hitler to me. They are insane. They have given
[06:45:18] themselves collective psychosis.
[06:45:32] It's unbelievably online.
[06:45:43] Hatch one of the sexpestinies orbiters.
[06:45:47] Straight up said he would vote for Jeffrey Epstein before me.
[06:45:51] They liked Nick Fuentes a lot more than they liked me for the longest time and would say
[06:45:57] things like well at least Nick Fuentes put his money where his mouth is.
[06:46:01] You know at least Nick Fuentes is sincere about his world view, Hasan is not that kind
[06:46:04] of thing like they were just they were just like say crazy shit all the time.
[06:46:22] Refresher comments they're hitting it hard now.
[06:46:23] No they're not.
[06:46:24] You guys are just.
[06:46:27] What the fuck are you talking about dude?
[06:46:33] There's only one extra comment.
[06:46:37] And it's from you.
[06:46:39] Look at this fucking asshole.
[06:46:40] Please start banning drama baiters.
[06:46:42] Refresh the comments again.
[06:46:43] They're hitting hard now.
[06:46:44] Sompike is a fake.
[06:46:45] This liar, the man sits on a stream for hours.
[06:46:46] They promise in gaming and never games.
[06:46:48] He deserves the vitriol he receives high chat.
[06:46:57] I saw the jank chair think it was very funny.
[06:47:04] Communities and I don't think you should have to live next to railroads where the trains might spill off the tracks the same way.
[06:47:11] I don't think people in Memphis should have to live next to the GROT data center.
[06:47:15] So I don't think anyone has any magical answers.
[06:47:18] I mean, with democracy and the beauty of democracy, what it's supposed to be is we make the decisions.
[06:47:22] And our job is to begin that discussion, mobilize people, and demand that the government, I think,
[06:47:30] start responding to the needs of the American people.
[06:47:33] After about an hour, Bernie had to leave.
[06:47:36] Thank you very much, guys.
[06:47:37] Thank you so much.
[06:47:38] The group had a lot more to say, so we kept talking for another hour.
[06:47:42] Let's say you're a member of Congress.
[06:47:44] Do you think they understand the way that you and your friends feel experiences?
[06:47:49] Well, they know. They don't care.
[06:47:51] I mean, I think Bernie is really passionate, but there are just some of our representatives
[06:47:55] who are just career-orientated and don't really take the time to do what he's doing.
[06:48:02] It was just nice to see that he was exceptionally literate.
[06:48:05] We've all seen videos of hearings in Congress related to tech before.
[06:48:08] How do you sustain a business model in which users don't pay for your service?
[06:48:15] Senator, we run ads.
[06:48:16] Does TikTok access the home Wi-Fi network?
[06:48:20] You will have to access the network to get connections to the internet.
[06:48:24] This is not an attempt to ban TikTok.
[06:48:27] It's an attempt to make TikTok better.
[06:48:33] Devastating.
[06:48:36] They ruined the motherfucking platform that I loved, dude.
[06:48:39] Tic-tac-toe.
[06:48:40] A winner.
[06:48:41] I still have a lingering worry that the rest of Congress just might not be up to par.
[06:48:47] as someone who supports both, you know,
[06:48:49] the major legislative proposals that we talked about today.
[06:48:52] What I wanted to ask is like, okay, great,
[06:48:54] but how are you gonna pass them?
[06:48:55] It kind of feels like where we are now
[06:48:57] is our hands are tied despite, you know,
[06:48:59] us being in nominally a democracy.
[06:49:02] Tatiana's question was great.
[06:49:04] So I brought it and some of the other questions
[06:49:06] people had to Bernie when we talked to him the day after.
[06:49:09] After you left, there was a lot of support
[06:49:11] for that policy and other ones you talked about,
[06:49:13] but also a sense of pessimism
[06:49:15] about whether these kinds of changes could be enacted.
[06:49:17] So those young people and all Americans,
[06:49:19] I think understand that we have a corrupt campaign
[06:49:21] finance system, and that is that billionaires
[06:49:24] through their super PACs can spend as much money
[06:49:27] as they want to defeat candidates
[06:49:28] who stand up for working people,
[06:49:30] stand up for the environment, stand up for justice.
[06:49:32] On the other hand, from a political point of view,
[06:49:35] let me tell you, there's a lot of good news out there.
[06:49:37] And then in the last years,
[06:49:38] starting with Mondani's victory in New York City
[06:49:41] where he took on the oligarchs,
[06:49:43] But because he had a strong rest with his movement, he won, the response is not to give up.
[06:49:47] The response is to educate, organize, and win elections.
[06:49:51] The richest people on earth have a vision for the future where everything in society, from
[06:49:55] the way we work to the way we form relationships, eat food, educate ourselves, and spend our
[06:50:00] free time.
[06:50:01] I'll keep your voice down for my colleagues.
[06:50:05] Has to change because of AI.
[06:50:07] But the one thing that apparently can never change is the arrangement of economic power.
[06:50:11] who has money and who doesn't.
[06:50:13] They know they can't convince you
[06:50:14] to actually agree with their vision of the world.
[06:50:17] So instead they want you to think
[06:50:18] there is no alternative.
[06:50:20] That's why there's been a complete lack
[06:50:21] of moral and political leadership on AI in government,
[06:50:25] leaving young people to figure this out for themselves,
[06:50:28] which they're doing.
[06:50:30] It's inevitable this technology's gonna come,
[06:50:32] but I don't think it's inevitable in the sense
[06:50:34] that we can't still shape the market structures
[06:50:36] that are gonna affect us for the next two decades.
[06:50:39] We can have a future in which people
[06:50:41] able to spend their time creating art and producing entertainment but that only
[06:50:44] happens if we have leaders who follow through on their promises. I grew up in
[06:50:49] a really conservative part of Phoenix and this is something that comes up in
[06:50:52] casual conversation all the time a lot of the same concerns and a lot of the
[06:50:55] same worries and I think it goes beyond just politics as usual. It could go
[06:51:00] either way in the sense that like we are the ones that get to shape the
[06:51:04] future right like if you sit at it's not gonna happen the way you want it
[06:51:08] to, it's going to be someone else's vision. And it's going to mean like having conversations
[06:51:12] and like getting your community engaged with this issue, you know, we have to organize around
[06:51:18] that, especially with our generation.
[06:51:38] It's already kind of started, but you'll be seeing green energy alternatives start being
[06:51:46] taken a lot more seriously over the next decade.
[06:51:48] Now the threat has gone from hypothetical to actual.
[06:51:50] It'll be too late, obviously, but you don't have to be smart to get rich off of oil.
[06:52:02] Baked into all the climate change in Isles and pushed by the people getting rich off
[06:52:05] fossil fuels was the knowledge that the first people to die would be in Asia and
[06:52:07] in Africa, and the idea that they could just be used to canary in the coal mine to signal
[06:52:11] when the funds over?
[06:52:13] Scientists told the near times of the flash flooding in Nepal to bed was likely caused
[06:52:16] by a 2000 foot wide chunk of ice that broke off a glacier and fell 4000 feet to the
[06:52:21] valley below.
[06:52:25] Yeah.
[06:52:54] to doom brambo how regarding those guys so crazy positive at the future when they see
[06:52:59] what AI is doing right now already I don't know all right I'm tired I'm tired chat that's
[06:53:09] all I got for today I have yet to start watching reach here I love you all we'll see you tomorrow
[06:53:24] I'm going to go spend some time with my loved ones in Kaia.
[06:53:33] Stunning about your introduction, starring off the day.
[06:53:39] Peace, everybody.
[06:53:41] See you tomorrow.
[06:53:42] All the chatter's trickling in, I'll sell people hay.
[06:53:47] Sonny Los Angeles, California says to son,
[06:53:55] Stunlock to the, stunlock to the top, it's just be done.
[06:54:03] Cause there is again a sun is streaming, a sun is streaming
[06:54:25] Leave you in a Chinese train, tell and cry of praise.
[06:54:35] Sun in as many chapter logs, give in greening's grace.
[06:54:43] Zoran winning and wise he walked to back with the force.
[06:54:51] Logan of the left, a mead of him, though still a corpse
[06:54:59] The Tricorps assassination, the fear and online show
[06:55:07] Eight full fucking years of this, plenty more to go
[06:55:12] Doing farm stuff tomorrow Throw PBS up on the screen
[06:55:19] A man made whore reaction Brought to you by this lines of dream
[06:55:30] Cause there he is again, a son is streaming, a son is streaming
[06:55:40] There he is again, a son is streaming, a son is streaming
[06:55:52] Can't out of the DNC, I will march the gout
[06:55:58] Committing the propaganda to shut down people's throats
[06:56:04] CBS Israeli news, a coup, a regime falls
[06:56:12] A full-born fascist takeover and still the duty calls
[06:56:19] A total radicalization coming out to sea.
[06:56:27] A system where he'll always fail.
[06:56:31] It's up to you and me.
[06:56:35] All these daily streams,
[06:56:39] whether short or whether long.
[06:56:43] I've held millions of people
[06:56:47] Keep it moving right along
[06:56:52] Cause there he is again
[06:56:56] A son is streaming
[06:56:59] A son is streaming
[06:57:02] There he is again
[06:57:06] A son is streaming
[06:57:09] A son is streaming
[06:57:13] But hey, what can you say?
[06:57:16] That's B.B.S. for you
[06:57:19] But he'll play games real soon
[06:57:22] Just you wait
[06:57:26] Say hey, what can you say?
[06:57:29] That's B.B.S. for you
[06:57:32] But he'll move on real soon
[06:57:35] Just you wait
[06:57:40] What can you say?
[06:57:42] That's B.B.S. for you
[06:57:45] I'll pull your lawns real soon
[06:57:47] Just you wait
[06:57:49] Sha-da-da, sha-da-da, sha-da-da-da-da-da-da-da-da
[06:57:53] What can you say? Hey, that's PBS for you
[06:57:57] But he'll do Jeff Ice real soon
[06:58:00] Just you wait
[06:58:04] But hey, what can you say?
[06:58:07] Yeah, that's PBS for you
[06:58:10] Brought on by viewers like you
[06:58:13] Ski away. Ski away.