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Adam curry, John C. Dvorak
reemerging from the depths of

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our mundane day jobs is the
superheroes of the stupid. It's

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no agenda for Sunday, March 22.
This is no agenda basking in the

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nectar of God's sunshine from
the crackpot command center here

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in southwest London located in
get mo nation east. I'm Adam

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curry.

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And here in Silicon Valley North
I'm John C. Dvorak. Raglan

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Buzzkill.

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expected a little more from you.

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I noticed I tried to keep it
short, but then I guess I should

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have been longer. Next time.
I'll go long.

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Yeah, please go long ball. I

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was just kind of I was just
stunned by the fact you insulted

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our audience. Why? What do you
mean? Why was I stunned? Oh, I

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don't know. Because that's the
last good. I should do that

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consistently. Have you ever
watched an ESPN show called?

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Pardon the interruption? They
always start to show off this

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similar kind of thing. Okay,

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well, let's not do that because
I didn't get it. Yeah, okay.

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Hey, John, how are you?

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Okay in the morning? Oh.

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Better hum faster. And I still
didn't have my I was I was just

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picking up the tea. I've got it
under a button now if I need it

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so I just want to keep my hand
on the button at all times.

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I was thinking you should be
poised what I need a version of

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this. I need some sort of a
remote button so I can hear from

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you. So I have I have a fader
Fox I showed you that right my

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fader Fox. Yeah. So I have that
set up now and whenever it can

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you call for I do have to have
my hand on the button which

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Yeah, little work little work.
To bet you can do with your

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eyeballs. Just look at it. Boom
goes like Stephen

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Hawking. He just looks just
comes up. Hey, man, I've had an

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awesome week. I'm okay. I've I
spent most of my week in the

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zone. Programming our 24/7
stream.

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Oh, yeah, that's right. You're
still working on that. Yeah.

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Thanks for listening. Lots of
people are very excited and the

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numbers are starting to show it
a little bit it's starting to

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starting to come up people are
checking out no agenda

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stream.com I've got now three
different news sources that are

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come through on Twitter to talk
about that basically mentioned

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headlines is very similar to
stuff we talked about on the

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show. And every couple of songs
like every five songs or so the

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most recent tweets that have
been sent to no agenda stream

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get read out on the air and
people are like

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I've noticed a couple notice it
on the on the Twitter people are

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checking it out. Yeah, we
haven't gotten the net negative

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stuff yet.

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I mean, why would there be any
negative stuff?

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Because there's negative people
October's negative people in the

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world bombers man.

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Buzz kills. They aren't they do
exist, believe it or not.

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Oh, letter from David Johnson.
Go. John Adam. I've been a

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listener since show number one.

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Sorry, misfire.

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I've been a listener since show
number one email contributor and

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love the banter between a
buzzkill and crackpot how

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unfortunately, fire comes here.
Yeah, of course. However,

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but in all honesty,

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he takes it to the next level of
aside by not however, it's

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unfortunate. Fortunately, oh

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my goodness,

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hey, jump right into the we go
right,

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we could go right over the
cliff. So thank you very much.

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And now I'm going to stick it in
your back.

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Unfortunately, I'm finding the
show's theme is shifting toward

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the doom and gloom format that I
try to avoid from mainstream

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media. Like foxes. Glenn Beck
show, please. You couldn't get

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more you couldn't get more
insulting than that. That I mean

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that.

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If I could take those two in the
mornings back right now I would

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the radio like music snippets
and increased focus, focus on

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getting paid is getting somewhat
annoying. I would like to see

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the show lean back towards its
roots playing off each other

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more social topics, a little
less politics, food reviews.

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John's not we need to you know,
we need money for the food

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reviews. Yeah, John's knowledge
and we have to get together

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somehow in southern France, with
John's knowledge of history

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applied to the topics at hand.
excetera

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Oh, stop, stop right there.
That's unfair. Even last week, I

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bought this whole Israeli lobby
thing and you weren't quite

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prepared for the question, I
think. But that was a specific

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specifically tapping into your
historical knowledge. That's I

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just don't accept that.

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I'm having to talk about David
and Saul. Anyway, I understand

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that current topics are taken
from current news, but what

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happened to quote no agenda And
the show's success was based on

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being unique and spontaneous
different from the mainstream

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drawl. Please don't go there.
I'm still a loyal fan. But I

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need I felt the need to give
some feedback. Thanks, David

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Johnson,

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let me respond. Thank you for
your thank you for your letter.

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Let me respond to that. I'm
seeing something real, what?

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Just go ahead. And I'm seeing
something very interesting

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happening here. What we are
creating, which started with the

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show really started with the
second show week, where we're

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saying, okay, look, now we need
to have donations in order to

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keep this going to grow the
show, oh, grow to grow the show.

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And it's one for one, you know,
it's the money is absolutely

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going to be necessary. If we
really want to take this into a

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full time gig. We're both still
pretty much you know, we have

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other jobs that we're doing at
the same time. But what's cool

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about it is anyone can
contribute to what we're doing

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here through a number of
different ways. Yes, you can

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contribute to the library fund
library slash winery. But there

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are people who are helping write
code, there are people who are

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finding interesting bits of
news, this, it's much bigger

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than that. And I'm telling you
that this streaming thing is

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going to open up a whole new
economy of stuff that people can

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do. I mean, there are people now
working on iPhone apps for this

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show. So you hit a button and
then you hear the stream you hit

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a button and then there's a
window that opens that

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automatically tweets no agenda
stream to hit a button and it's

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all these different ways the
buttons it basically we just

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filled with buttons. We're
getting somewhere.

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Okay, I think Oh, I'm getting
some Kleenex. I have to blow my

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nose after listening to that sob
story. Ah okay.

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The word of the day, John. The
word of the day. Are you got

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more? No, I don't the word of
the day.

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But you could at least give me a
shot at it. Sure. And I got

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nothing. What's the word of the
day

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ponds ammonium ponds, ammonium
ponds, ammonium.

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Tons of ammonium? Yeah, that is
not my word. pandemonium. Ionis.

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Got to do with the Ponzi Yes, it

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comes from my favorite
publication, the Financial Times

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and word is out. Hundreds of
Ponzi schemes are being

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uncovered uncovered by the
literally hundreds are being

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uncovered. The Commodity Futures
Trading Commission has said well

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yeah, it looks like there's
hundreds out we should take

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the guys who ran the SEC and
simply throw them in. Yes,

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exactly. hang them up by their
testicles. Way. There's a lot of

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women in

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there. So mostly women. I guess
that, by the way, must apologize

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to our female listeners. That's
what we're going to talk about

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last week and you didn't do it.
Because you forget already.

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Yeah.

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What do we have plenty of female
listeners? Yeah, yeah.

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And then a couple of them think
we're insulting them constantly.

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Shit and I'm so happy we have
female listeners.

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I think we got about diversity.
We have over 20% Female

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listeners probably at least
twice as many as a typical

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couple of nerds get

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a lot of moms I've noticed

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Well, that's you that's what
you'd notice.

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You know me the milk seeker
always on the lookout there's so

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back to pandemonium, which which
I like another $635 million

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Ponzi scheme uncovered

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that gives us the one good thing
about this economic downturn

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that Ponzi schemes don't work
when things are going you know

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negatively.

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But what's interesting is when
you look at all the what you

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would call the fractal so these
of course are fractals of made

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off with this jerk $50 billion
Ponzi scheme above him to 66

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billion so ya know, above him
it's got to be a lot more it's

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got to be much bigger the halls
it makes so much sense doesn't

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it? You know when you think
about it, everyone's going nuts

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everyone's loving and I can't
believe that we didn't come up

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with this you know now think of
it because all it's so simple.

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You know, you just everyone when
everyone's in a happy investment

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mood, he just open up shop, you
start collecting money and then

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when it's time to pay some
returns, you go collect some

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more money and just keep it
going. It's it makes so much

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sense. And these Ponzi schemes
are anywhere from about a

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million dollars to up to a
billion dollars in the

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pandemonium but you are you're
spot on? Why don't we Why don't

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we throw these regulators under
the bus? Yeah, so unbelievable.

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Oh, we're so debt is so tough.
And by the way, man, I haven't

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mentioned it for weeks and weeks
and weeks. I'm going to do it.

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Martha Stewart gets thrown in
the slammer

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exactly, well, and I believe
there is a correlation between

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the women running the show at
the regular at the regulator

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wasn't at Blair, her name.

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Thompson, Linda Thompson was
ahead of the, I mean, there was

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a head of the whole thing, which
is a woman again, by the way,

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who was of the head, formerly
the head of another enforcement

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agency that did nothing. And but
Linda Thompson seemed to be the

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one hand she was and she talks
so much like nurse, the big

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nurse and the One Flew Over the
Cuckoo's Nest. Oh, well, I

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really, we do we have a No we
don't. I don't understand why

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you're so upset.

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Kind of thing. That's funny.

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Yeah, no, they probably went
after Martha Stewart because

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they hated it.

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Yeah, exactly. It just standing
on the outside doesn't seem so

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apparent that like, knew that
pitch. We're gonna get her.

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Yeah, let's get that stupid.
Martha Stewart with a magazine.

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And now she knows that. Oh, she.
Let's just stick a doily over 20

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That's what we're going to do.
Here comes a doily. Martha

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Stewart.

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So, yes, I agree with that. All
right. So what else we got?

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Well, what

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you got on your list? Man,

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I got nothing I'm getting I'm
gone along with the idea that

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this show is no agenda to be
talked about. But I will mention

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a couple of things. So I got to
watch Obama on Leno. Yes, I

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saw that as well. Good. Let's
talk. Look a lot. Look, do

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you count that number? I haven't
been able to. I've gotten

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through it a couple of times.

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I heard the look drinking game
and was hammered EIGHT minutes

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into the interview. I couldn't I
couldn't follow the rest. Look,

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look. So let me be very clear.
Look. Look, Jay, let me be very

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clear.

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So there's something kind of
kind of I don't know what it is.

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But I can see why no other
president did this. There's

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something screwy about it. You
got a it's an entertainment

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show. You have the president
United States, the highest one

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of the highest positions in the
world that you know, requires a

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lot of bodyguards. And sitting
in and in a chair that's lower

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than the host chair because
those shows are all set up. So

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that if you haven't noticed
this, when you watch these

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shows, the host listeners don't
know that. And let the worst

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case scenario is it's Letterman,
the guy who is in the interviews

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chair is sitting at the base
level whereas but is about three

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inches lower than the host. Yep.
And it's just for the effect of

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the you know, the effect because
the host,

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but even when you tower over
someone like I do, in most

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cases, it has immediate powerful
effects. It's just human nature.

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Right? So the host is sitting up
in the air, like in the catbird

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seat and looking down upon the
guest. So for this model with

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the President of the United
States, it's ridiculous. And so

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it gives you the feeling that
who is this guy an actor, or is

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He? Is he selling a book?

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Yes, yes. He's selling a book a
very expensive one, but he's

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selling a book. Yes. Go on. So

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it's just I find the whole thing
to be slightly creeping in. ill

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advised.

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I disagree with you. I do not
think it was ill advised. I

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think I think it is fantastic.
First of all, the appearance,

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homerun absolute homerun. Boy,
this guy. This guy is good.

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Yeah, well, we've known that I
saw if you watched him when he

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was on Leno before, and when he
was on Letterman. He was very

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good. He's very personable, even
though he stammers to an

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extreme. He's, he's very
thoughtful. He's got a very

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00:13:38,939 --> 00:13:42,929
disarming smile. He's got a
beautiful smile, as opposed to

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his grimace, which is horrible.
And he's, you know, he seems

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like a guy with a lot of
personality, even though he's

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ponderous. And he's a little bit
academic. And he's almost like

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John Kerry, and that regardless
of he's not so homely.

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So here's the next thing to look
for. And maybe I guess he's

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doing 60 minutes for tonight.
What you can almost see the

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switch flip over. And the
switch, as you observed

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00:14:08,370 --> 00:14:12,720
correctly starts with look. So
he's personable, he's making

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00:14:12,720 --> 00:14:16,740
jokes. He's very, very good. You
know, self deprecating, good

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00:14:16,740 --> 00:14:21,000
little personal story about, you
know, the Secret Service and

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just exactly, I looked at him
like the guy could have been a

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00:14:24,210 --> 00:14:27,750
basketball player on sitting on
on on Leno's couch, and as you

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00:14:27,750 --> 00:14:31,950
said, Is he an actor? Is he a
celebrity? Yes, yes. Yes. Is he

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selling something obviously and
that pitch is always pre

248
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announced by look and he just
slips in and then you know, the

249
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save or create comes out
automatically. It's, that's

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programmed. He said that so many
times. And I know this because

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when you do, like at MTV, or
even me vo today, which I do

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every single day, there's all
these little lines and

253
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catchphrases that you're always
using and you use those when you

254
00:14:56,580 --> 00:15:00,720
need to, to communicate
something repetitively. He, or

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when you need time to think
about something what you're

256
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going to say next. And boy, this
sky was completely completely

257
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filled with odd, automated
message delivery. It was just

258
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fantastic to watch. I think it
did make a difference in the

259
00:15:18,420 --> 00:15:21,690
perception his whole California
trip. I don't know if you had a

260
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chance to this was on C span if
you saw his his town hall

261
00:15:26,040 --> 00:15:31,140
meeting in California. Now, I
didn't see how you missed a good

262
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one I had recorded. Well, it's
on C span. What they said was

263
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pretty fun. It was pretty funny.

264
00:15:38,670 --> 00:15:40,890
By the way, before you go into
the C span thing, I do want to

265
00:15:40,890 --> 00:15:45,450
mention something that he did on
the show and which is another

266
00:15:45,450 --> 00:15:49,500
one of his memes. And he did it
exactly in the exact same order

267
00:15:49,500 --> 00:15:53,400
exact same way. He always does
it, which is to promote health

268
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care, energy and education.

269
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Yeah, I bet you can almost say
it verbatim by now.

270
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I'm getting closer. Go ahead and
give it a shot. I can't, I'm not

271
00:16:05,400 --> 00:16:09,090
there yet. Oh, he was he has his
little pitch. And it's about

272
00:16:09,090 --> 00:16:11,430
about two sentences. And it's
always about healthcare.

273
00:16:11,970 --> 00:16:14,370
We want affordable housing. And
Americans want affordable,

274
00:16:14,430 --> 00:16:17,700
affordable health care. We want
the best education we can

275
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manage. And we want no energy is
usually the last one that he

276
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says. And we want to reduce our
dependence upon foreign oil.

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00:16:26,640 --> 00:16:29,910
I have done the show we do our
next show we do. I'll have the

278
00:16:29,910 --> 00:16:33,390
clip. Okay. Energy is always
second.

279
00:16:34,890 --> 00:16:37,950
So this town hall meeting in
California, it was so funny

280
00:16:37,950 --> 00:16:43,470
because it was filled with a
Obama bots. And they were they

281
00:16:43,470 --> 00:16:46,620
were all from the volunteer
agency and not that that was pre

282
00:16:46,620 --> 00:16:49,620
announced. He is the first he
does his whole spiel and just

283
00:16:49,650 --> 00:16:53,400
rousing speech just really
great, of course with a whole

284
00:16:53,400 --> 00:16:56,160
room full of basically a fan
club day what we used to call

285
00:16:56,490 --> 00:17:00,930
Steve Jobs. Yeah, exactly. Yeah,
yeah. One more thing. That's

286
00:17:00,930 --> 00:17:03,540
that's all that was missing. And
of course, it was all from

287
00:17:03,540 --> 00:17:06,900
teleprompter. The video
beautifully done. So now they're

288
00:17:06,900 --> 00:17:10,560
shooting so you don't see the
prompter from from really bad in

289
00:17:10,560 --> 00:17:12,990
the back of the room. So it
gives you a little bit of depth.

290
00:17:12,990 --> 00:17:14,940
But he never looks in the
camera, of course, but it's a

291
00:17:14,940 --> 00:17:19,290
town hall so he doesn't have to.
And then he took questions. And,

292
00:17:19,680 --> 00:17:23,100
you know, it was so scripted,
John, you know, it was the first

293
00:17:23,100 --> 00:17:26,760
it was the health care.
Everything single piece you want

294
00:17:26,760 --> 00:17:30,150
to have and then one guy stood
up. And he said, Well, Mr.

295
00:17:30,150 --> 00:17:33,060
President, you know, as you
know, I'm a volunteer, blah,

296
00:17:33,060 --> 00:17:35,430
blah, blah. And of course, all
of us here are volunteers and he

297
00:17:35,430 --> 00:17:38,280
gave it away. Right? He gave
away that this was a room full

298
00:17:38,280 --> 00:17:42,300
of shoes. The guy blew it. He
totally totally but he by the

299
00:17:42,300 --> 00:17:46,410
way, he will not be invited to
the next camp Obama. Shoot

300
00:17:46,410 --> 00:17:49,200
Shawn, take him out back. He's
off the list.

301
00:17:50,040 --> 00:17:52,500
off the list. He's a dead man.
He

302
00:17:52,710 --> 00:18:01,050
forget about it, buddy. You are
a gunner. But no, it was. I

303
00:18:01,050 --> 00:18:04,740
think Job well done when it
comes to the script and

304
00:18:04,770 --> 00:18:09,510
distracting everybody and you
know, and I too am outraged by

305
00:18:09,510 --> 00:18:10,560
these bonuses.

306
00:18:13,290 --> 00:18:16,290
Yeah, not to not yet but how
come he's not outraged at the

307
00:18:16,290 --> 00:18:19,410
fact that the only reason those
bonuses were guaranteed to be in

308
00:18:19,410 --> 00:18:26,370
the bill that that that gave
that insurance company IAG. All

309
00:18:26,370 --> 00:18:30,510
that money was because of Chris
Dodd. Exactly. You know that

310
00:18:30,510 --> 00:18:31,290
right? Yeah, of course.

311
00:18:31,560 --> 00:18:34,770
I mentioned that last week.
Chris Dodd is the guy who said

312
00:18:34,770 --> 00:18:37,920
Yeah, I knew about it. I let it
stay in there because it was he

313
00:18:37,920 --> 00:18:40,470
pushed it put it in there. He
didn't like he actually pushed

314
00:18:40,470 --> 00:18:44,370
it in. Oh, fantastic. But as the
President says he says he's

315
00:18:44,370 --> 00:18:48,810
picking up was Roosevelt. The
buck stops here yet said Truman,

316
00:18:48,900 --> 00:18:52,920
Truman, whatever. Let's like
Let's look forward people not

317
00:18:52,920 --> 00:18:56,670
backward. So yeah, he's using
the buck stops here. Yeah. Which

318
00:18:56,670 --> 00:19:01,530
is looking backward. It's It's
all my fault. So interesting

319
00:19:01,530 --> 00:19:04,290
things with those bonuses,
because I did watch a lot of

320
00:19:04,290 --> 00:19:08,700
that. A lot of that testimony
and everything surrounding that

321
00:19:08,700 --> 00:19:11,670
because that's pretty much what
mainstream news is bringing you

322
00:19:11,670 --> 00:19:15,840
right now. Oh, let's all be
angry at the bonuses. You know,

323
00:19:15,840 --> 00:19:20,970
so I love this that the house
then passed an emergency bill

324
00:19:21,600 --> 00:19:24,600
which was voted through so it
doesn't mean it's law yet but to

325
00:19:24,600 --> 00:19:31,410
tax these bonuses at 90% rate
which is how much more on

326
00:19:31,410 --> 00:19:32,550
American Can you get?

327
00:19:34,110 --> 00:19:36,960
That's actually what Leno
brought up. This is kind of bad.

328
00:19:36,960 --> 00:19:40,500
They target somebody and say,
Okay, we're writing a law that's

329
00:19:40,500 --> 00:19:44,010
going to tax you to death. Yeah.
And let's just put up the death

330
00:19:44,010 --> 00:19:46,920
penalty in there. Okay, you are
I got a shot in the morning.

331
00:19:49,140 --> 00:19:56,730
Not bad, I'm getting better.
And, and Liddy, the current CEO

332
00:19:56,730 --> 00:20:00,210
of AIG then says, you know, this
is like taking the finance So

333
00:20:00,210 --> 00:20:02,790
industry out back and shooting
them in the head. And I'm like,

334
00:20:02,790 --> 00:20:05,730
Yeah, that's what the Obama
industry does with people. They

335
00:20:05,730 --> 00:20:09,390
come back and we shoot him in
the head. never to be heard from

336
00:20:09,390 --> 00:20:16,650
again. Oh my goodness. So yeah,
it's pretty clear that this is

337
00:20:16,740 --> 00:20:22,260
being kept alive as a as a huge
distraction. So everyone pays

338
00:20:22,260 --> 00:20:24,990
attention to that and not the
billions of dollars that are

339
00:20:25,440 --> 00:20:32,910
being shuttled out the back
door. The memory you're talking

340
00:20:32,910 --> 00:20:35,010
about the the DVDs that Obama
gave

341
00:20:35,850 --> 00:20:40,050
Gordon Brown, be the ones with
the wrong code. That emerged as

342
00:20:40,050 --> 00:20:43,920
finally Yeah. And gadget finally
finally picked it I'm talking

343
00:20:43,920 --> 00:20:46,590
about in England, and it emerged
in the papers there. Yeah, the

344
00:20:46,590 --> 00:20:47,160
telegraph

345
00:20:47,160 --> 00:20:50,010
had had the story that after
they listened to our show,

346
00:20:50,040 --> 00:20:55,950
obviously, it took them a long
time. I'm telling you, man, our

347
00:20:55,950 --> 00:20:58,950
show is influential. We can
start little memes and stuff

348
00:20:58,980 --> 00:21:00,570
happens stuff moves. Yeah,

349
00:21:00,600 --> 00:21:04,170
well, we'll start one today. So
the newspapers, you know, going

350
00:21:04,170 --> 00:21:07,830
out of business talking about
non political stories. So I'm

351
00:21:07,830 --> 00:21:09,870
looking at the you know, the
next favorite is going to go

352
00:21:09,870 --> 00:21:12,060
under looks like it's going to
be either the Chronicle or

353
00:21:12,060 --> 00:21:15,540
they're gonna give the Chronicle
to this group of schlock

354
00:21:15,540 --> 00:21:18,690
maestro's that run most of the
little local papers around here.

355
00:21:19,290 --> 00:21:26,730
And just leave it exist as some
sort of skeleton operation. But

356
00:21:27,240 --> 00:21:27,630
I just

357
00:21:27,750 --> 00:21:29,850
know, they still be available on
like you, I mean, you know, a

358
00:21:29,850 --> 00:21:31,680
couple people there. So I'm
wondering if you have some

359
00:21:31,680 --> 00:21:33,450
entire insight, nobody knows

360
00:21:33,450 --> 00:21:41,880
anything. Okay. All right. So
but, you know, these papers, the

361
00:21:42,000 --> 00:21:46,200
Chronicle has this thing called
the SF Gate. And so they have

362
00:21:46,200 --> 00:21:49,200
like a, you know, if you're
gonna do anything online, and

363
00:21:49,200 --> 00:21:51,330
you're going to be definitive,
and you're going to lead away,

364
00:21:51,330 --> 00:21:53,370
and you're going to be the best
there is, and all the rest of

365
00:21:53,370 --> 00:21:59,490
these, all the rest is BS. They
have a restaurant section. So

366
00:21:59,490 --> 00:22:03,060
you can look up restaurants. So
I decided to go look up, you

367
00:22:03,060 --> 00:22:06,720
know, pizza in Berkeley, there's
about 40 pizza places as a

368
00:22:06,720 --> 00:22:14,970
college town, right? They list
one was I check San Francisco

369
00:22:14,970 --> 00:22:18,480
where there's about 100 pizza
places they list 13 They leave

370
00:22:18,480 --> 00:22:21,690
on lots of them. And in fact, it
was because this guy, Hey,

371
00:22:21,690 --> 00:22:28,350
search. Maybe, whatever the case
is, like, if you're going to do

372
00:22:28,350 --> 00:22:31,050
anything, if you can't even do
this, right, because Yelp can do

373
00:22:31,050 --> 00:22:33,570
it. You know, get out of the
business. I think they should

374
00:22:33,570 --> 00:22:36,840
just shut down these places. I
think the Chronicle should just

375
00:22:36,840 --> 00:22:39,750
be shut down. It does. It has,
you know, they have a few guys

376
00:22:39,750 --> 00:22:42,900
doing a few good original news
stories, which are which rewards

377
00:22:42,930 --> 00:22:46,350
going there for the rest of it's
just horrible, you know, bad

378
00:22:46,350 --> 00:22:50,940
back in restaurants. Crap,
crummy restaurant reviewer,

379
00:22:51,330 --> 00:22:56,610
leads. Very bad one. And in the
read, the rest of the paper is

380
00:22:56,610 --> 00:23:00,300
just weak. There's other things
that do it better. I mean, it's

381
00:23:00,300 --> 00:23:02,850
just like, even like Craigslist.
I mean, it's West's work, dude.

382
00:23:02,850 --> 00:23:05,850
But even when it comes to news,
we're better than then we're

383
00:23:05,850 --> 00:23:07,050
offering more insight.

384
00:23:08,190 --> 00:23:10,920
Yeah, well, insights, one thing
but but original, you know,

385
00:23:10,920 --> 00:23:12,600
reporting is something else. We
don't do

386
00:23:12,600 --> 00:23:15,630
that. Oh, not yet. But well, no,
not yet. But we're gonna get to

387
00:23:15,630 --> 00:23:15,870
it.

388
00:23:16,560 --> 00:23:21,660
Now we could, I think it'll
happen. I definitely think it'll

389
00:23:21,660 --> 00:23:24,720
happen. I notice there's a lot
of Irizarry pull up also out of

390
00:23:24,720 --> 00:23:29,610
bloggers and bloggers, actually,
you know, they don't any, any

391
00:23:29,610 --> 00:23:33,180
one blogger doesn't do a lot of
original reporting, like daily

392
00:23:33,180 --> 00:23:36,960
newspaper guy might do two or
three stories a week, maybe. But

393
00:23:36,960 --> 00:23:41,040
they there's a lot of stuff on
blogs that are one guy on one

394
00:23:41,040 --> 00:23:42,060
story. And that's

395
00:23:42,300 --> 00:23:44,490
right. And that's the guy who
will have information about that

396
00:23:44,490 --> 00:23:47,550
one topic. And then that's the
guy. Oh, yeah, you got to pull

397
00:23:47,550 --> 00:23:50,310
him in. That's exactly how it's
supposed to work. I agree.

398
00:23:51,030 --> 00:23:53,910
You know, and he'll stay on this
subject in the newspaper. They

399
00:23:53,910 --> 00:23:56,820
could dig, dig, go do a story.
It's a big scandal. And then

400
00:23:56,820 --> 00:24:00,060
they go do something else and
the scandal gets forgotten over.

401
00:24:00,240 --> 00:24:03,210
I think the reason that the
public has such a short memory

402
00:24:03,420 --> 00:24:05,970
is because the newspapers have
trained them to have a short

403
00:24:05,970 --> 00:24:08,730
memory. They don't follow up on
these stories. Well, not

404
00:24:08,730 --> 00:24:11,520
just newspapers, John. I mean,
most kids saw this worse with

405
00:24:11,520 --> 00:24:15,030
the broadcast media and yeah,
it's much worse. And my daughter

406
00:24:15,030 --> 00:24:17,850
takes the tube three days or the
train three days a week now to

407
00:24:17,850 --> 00:24:20,310
Guilford to go back to to her
college because she's going to

408
00:24:20,310 --> 00:24:24,090
finish the Guilford College
first before she goes on. And

409
00:24:24,180 --> 00:24:27,600
she gets the free London paper
and she reads it you know,

410
00:24:27,600 --> 00:24:32,100
because she's really bored and
in the morning and she's reading

411
00:24:32,100 --> 00:24:35,430
the paper and she comes back
with all this like pre

412
00:24:35,430 --> 00:24:39,510
processed, you know, cut down to
sound bite size information,

413
00:24:39,510 --> 00:24:42,960
which is just amazing how poor
it is. It's really fucking

414
00:24:42,960 --> 00:24:43,710
pathetic.

415
00:24:45,870 --> 00:24:49,890
Yeah, well, those free papers
are the rage here, too. We have

416
00:24:49,890 --> 00:24:54,420
three or four free newspapers in
San Francisco. Not to mention

417
00:24:54,420 --> 00:24:58,980
the two weeklies. I'm talking
about free dailies. And then

418
00:24:58,980 --> 00:25:02,580
there is Um, I know that in
Washington, DC and New Yorker,

419
00:25:02,610 --> 00:25:04,710
they're starting to crop up and
they give them to people as they

420
00:25:04,710 --> 00:25:07,500
get on usually the subway or
some, you know, commuter train.

421
00:25:08,040 --> 00:25:10,350
And that's what people are
reading now. And it's you know,

422
00:25:10,440 --> 00:25:13,350
that's the competitive
competition is going on your

423
00:25:13,350 --> 00:25:16,290
Blackberry or your iPhone and
reading the news there.

424
00:25:17,100 --> 00:25:19,890
A lot. It's all a lot of people
listen to our show and to the

425
00:25:19,890 --> 00:25:25,290
stream on their iPhones. And it
seems to be kind of replacing

426
00:25:25,290 --> 00:25:28,260
some basic iPod usage.

427
00:25:29,700 --> 00:25:35,190
Got me? So anyway, I just did
the whole thing. That whole way

428
00:25:35,220 --> 00:25:38,340
news is going to be transmitted.
I'm fearful that it's going to

429
00:25:38,340 --> 00:25:43,980
end up as a, you know,
propaganda, in competition with

430
00:25:44,010 --> 00:25:47,430
rumors and innuendo and
craziness, you know, the

431
00:25:48,420 --> 00:25:49,440
screwball stuff?

432
00:25:49,470 --> 00:25:55,380
Let me ask you a question. What
is the the best auto program in

433
00:25:55,380 --> 00:25:58,080
the world? Arguably, auto? Yeah,
about cars?

434
00:25:59,280 --> 00:26:01,770
The best auto program in the
world? Yeah,

435
00:26:01,800 --> 00:26:03,900
but automobiles, for gearheads.

436
00:26:04,410 --> 00:26:07,350
Oh, the best Oh, you mean like a
podcast? No, no, just

437
00:26:07,350 --> 00:26:08,100
on television?

438
00:26:08,850 --> 00:26:10,320
Oh, well, that top gear right.
So

439
00:26:10,320 --> 00:26:12,240
I'm just making a point that the
minute you pull the

440
00:26:12,240 --> 00:26:15,000
commercialism part out of it,
that's the problem with with

441
00:26:17,070 --> 00:26:20,760
with almost any media is, the
minute you are owned by someone,

442
00:26:20,760 --> 00:26:24,270
the minute you and of course,
having sponsors, they at least

443
00:26:24,270 --> 00:26:27,720
own a portion of the
programming, even if it's only

444
00:26:27,720 --> 00:26:30,480
for that moment, that's when the
truth goes away.

445
00:26:32,340 --> 00:26:34,920
I think there's a lot to be said
for that, even though we will

446
00:26:34,920 --> 00:26:37,860
accept any $100,000 contribution
for one minute.

447
00:26:38,669 --> 00:26:42,089
But of course, we'll set that up
as a disinformation moment.

448
00:26:42,630 --> 00:26:46,050
Exactly. Although I'm getting
the sense that we're never going

449
00:26:46,050 --> 00:26:57,660
to get that really thing.
Really. Boy. So anyway, I've

450
00:26:57,660 --> 00:27:00,450
just finally the whole situation
to be somewhat disappointing.

451
00:27:00,450 --> 00:27:03,630
It's just falling apart in a
funny kind of way. The newspaper

452
00:27:03,630 --> 00:27:07,230
thing is just going to be over
and about. I mean, the big boys

453
00:27:07,230 --> 00:27:09,810
will probably still be standing
by their there'll be a shadow of

454
00:27:09,810 --> 00:27:10,500
themselves.

455
00:27:10,530 --> 00:27:11,670
How long do you think it'll
take?

456
00:27:13,020 --> 00:27:16,200
Well, I think after the it
depends, I mean, if the

457
00:27:16,200 --> 00:27:19,290
Chronicle doesn't fold, and
instead becomes part of this

458
00:27:19,320 --> 00:27:26,970
little mini conglomerate of
mediocre little papers, which

459
00:27:26,970 --> 00:27:30,060
may be a Trinidad that still is
going to have a problem long

460
00:27:30,060 --> 00:27:32,280
term, I think as people with
more and more people go online

461
00:27:32,280 --> 00:27:36,450
is, as the youth of America come
up, but I think in five, five

462
00:27:36,450 --> 00:27:38,130
years, we won't be another
newspaper and have been in

463
00:27:38,130 --> 00:27:38,940
business, I think,

464
00:27:38,970 --> 00:27:41,910
I think we're at multiple
tipping points. And with the

465
00:27:41,910 --> 00:27:44,790
newspaper business, or the news
business, that hasn't come quite

466
00:27:44,790 --> 00:27:49,650
yet. But obviously newspapers,
the there's two kinds of news,

467
00:27:49,650 --> 00:27:51,780
but hold on. Yeah, that I guess
with newspapers, you have

468
00:27:51,780 --> 00:27:55,170
community of geographic
community, and then community of

469
00:27:55,170 --> 00:28:00,390
interest. So USA Today, you
know, kind of skirts that line

470
00:28:00,390 --> 00:28:06,090
between both almost, but to
print an actual newspaper with

471
00:28:06,090 --> 00:28:09,960
pure local news. And I don't
think I just don't think you can

472
00:28:09,960 --> 00:28:13,710
actually make it work
financially. But to have local

473
00:28:13,710 --> 00:28:17,580
websites for local geographic
communities, which are not from

474
00:28:17,580 --> 00:28:21,210
the the government, the council
or whatever, that's pretty much

475
00:28:21,210 --> 00:28:23,790
where it has to go, it has to
become more of a local thing I

476
00:28:23,790 --> 00:28:24,240
believe.

477
00:28:25,740 --> 00:28:29,460
So now, this brings us to the
the dilemma that if everything

478
00:28:29,460 --> 00:28:35,010
goes online, what happens when
an onerous government decides to

479
00:28:35,010 --> 00:28:39,540
just cut you off? Just kill the
internet? Or to just take the

480
00:28:39,540 --> 00:28:43,170
whole thing over and drop all
these? I mean, it seems that

481
00:28:43,170 --> 00:28:46,500
that's remained reminiscent of
the you know, people just talk

482
00:28:46,500 --> 00:28:49,920
about the in the 20s, or the 30s
and 40s, where, you know, you'd

483
00:28:49,920 --> 00:28:52,170
want to take over some country
in South America, the first

484
00:28:52,170 --> 00:28:55,170
thing you did is your raid and
take over the radio station.

485
00:28:55,170 --> 00:28:58,290
Yeah. And then you'd be on the
air, you know, we have taken

486
00:28:58,290 --> 00:28:59,610
over we are the new government.

487
00:29:00,030 --> 00:29:03,960
We're good. Pay no attention to
the CIA guys.

488
00:29:06,900 --> 00:29:11,700
No, no. And what does it do to
the the Bill of Rights? We're,

489
00:29:11,940 --> 00:29:15,570
we're a free press is protected.
What is what constitutes a free

490
00:29:15,570 --> 00:29:21,240
press in the internet age? This
hasn't been answered to my

491
00:29:21,240 --> 00:29:24,660
satisfaction by this courts.
Well,

492
00:29:25,500 --> 00:29:29,610
I hope we get an answer because,
you know, cybersecurity is now

493
00:29:30,000 --> 00:29:32,700
moving on. This is an
interesting actually in context.

494
00:29:33,900 --> 00:29:38,280
The cybersecurity functions of
the government are being moved

495
00:29:38,310 --> 00:29:42,480
away from Department of Homeland
Security, and directly into

496
00:29:42,480 --> 00:29:48,090
another Tsar like position in
the White House. Which always

497
00:29:48,090 --> 00:29:49,110
chills me a bit.

498
00:29:52,320 --> 00:29:57,510
Well, as you know, Homeland
Security's got a bunch of these

499
00:29:58,920 --> 00:30:02,880
border patrol They got new
border protection agency they

500
00:30:02,880 --> 00:30:05,310
got some new group of people
they're all over Washington

501
00:30:05,310 --> 00:30:05,610
State

502
00:30:05,640 --> 00:30:09,270
it's ice. You have ice, the
Border Protection Agency. It's

503
00:30:09,270 --> 00:30:12,600
not just it's there's an entire
ring around the entire United

504
00:30:12,600 --> 00:30:15,660
States, John of these and here's
what we're gonna patrols,

505
00:30:15,900 --> 00:30:19,530
you know up in Washington state
they're forbid anyone who ever

506
00:30:19,530 --> 00:30:25,560
visits you should know this. The
entire state is extremely

507
00:30:26,520 --> 00:30:29,340
diligent about enforcing the
speed limit, because it because

508
00:30:29,340 --> 00:30:31,560
they don't have, they don't have
let's put it this way. There's

509
00:30:31,560 --> 00:30:34,620
no personal income tax in
Washington State. And everything

510
00:30:34,620 --> 00:30:38,340
is kind of taxed at a low level.
So they have a different way of

511
00:30:38,340 --> 00:30:43,290
making money. It's called one
state. That is one giant speed

512
00:30:43,290 --> 00:30:47,610
trap. Really? Yes.

513
00:30:49,440 --> 00:30:51,330
It was like the United Kingdom,
that's interesting.

514
00:30:52,800 --> 00:30:55,830
You're driving around Washington
state, you have to have your and

515
00:30:55,830 --> 00:30:58,170
they always change the speed
limits, like 40 mile an hour

516
00:30:58,170 --> 00:31:01,020
zone coming up. And then at that
point, you better be doing 40.

517
00:31:01,350 --> 00:31:05,880
So anyway, so you're spending
most of your time setting your

518
00:31:06,060 --> 00:31:10,410
speed control thing on the car,
the cruise control, because you

519
00:31:10,410 --> 00:31:13,260
know, if it says 55 you hit you
put it on 55 and you hit the

520
00:31:13,260 --> 00:31:15,480
button, so you don't have to
worry about you know, varying

521
00:31:15,630 --> 00:31:19,080
lighting 54 and getting a
ticket. Well, you won't get a

522
00:31:19,080 --> 00:31:20,220
ticket for 54. But will

523
00:31:20,220 --> 00:31:23,130
you get a ticket here if you're
two miles over the limit?

524
00:31:23,400 --> 00:31:27,450
No, that's two miles under I'm
755. I'm sorry. 57. I

525
00:31:27,450 --> 00:31:29,340
mean, my mistake, you could

526
00:31:29,399 --> 00:31:31,979
do people have bitched about
stuff like that. But anyway,

527
00:31:32,069 --> 00:31:34,319
most car speedometers by the
way, should check in when you

528
00:31:34,319 --> 00:31:37,259
get a chance to check yours,
you'll find that your most car

529
00:31:37,259 --> 00:31:39,929
speedometers. And I think that
car companies do this on purpose

530
00:31:39,929 --> 00:31:43,409
for liability problems under
report, they under report. So if

531
00:31:43,439 --> 00:31:45,929
you're doing 40, it says 40 and
your speedometer, you're doing

532
00:31:45,929 --> 00:31:47,489
39 or 38,

533
00:31:47,520 --> 00:31:51,150
you can usually see that if you
have a GPS, right, it'll tell

534
00:31:51,150 --> 00:31:51,990
you how fast you're going.

535
00:31:52,500 --> 00:31:56,490
So anyway, so they so the
meanwhile so they have and in

536
00:31:56,490 --> 00:32:00,480
the area that I have a place you
have both the city police, the

537
00:32:00,480 --> 00:32:05,280
county cops, and the state
troopers all competing for the

538
00:32:05,280 --> 00:32:08,460
money. So they're all in the
same area. So you could go past

539
00:32:08,460 --> 00:32:11,280
you know, one kind of Captain is
another kind of guy they're all

540
00:32:11,310 --> 00:32:14,640
you know, they can all ticket
and stuff to city guys can only

541
00:32:14,640 --> 00:32:19,650
do within the city. Meanwhile,
they have these, these border

542
00:32:19,650 --> 00:32:23,700
patrol guys, who are a bunch of
punk kids that they just hired,

543
00:32:23,730 --> 00:32:27,570
you know that most people
perceive as nothing more than a

544
00:32:27,570 --> 00:32:33,480
glorified Mall Cop. But they're,
they're loaded with, you know,

545
00:32:33,480 --> 00:32:38,760
ones with weapons. And they're
speeding around or breaking the

546
00:32:38,760 --> 00:32:42,450
speed limit constantly. And if
you complain to the state

547
00:32:42,450 --> 00:32:46,110
troopers about this because they
actually drive quite dangerously

548
00:32:46,590 --> 00:32:50,160
and they're going to kill
somebody is going to be killed

549
00:32:50,730 --> 00:32:54,090
by one of these boneheads
because they're speeding around

550
00:32:54,090 --> 00:32:57,180
all the time and red lights and
siren for notes. We've talked to

551
00:32:57,180 --> 00:33:00,480
the state people have said
there's nothing they can do. We

552
00:33:00,480 --> 00:33:04,230
can't pull them over. You know,
the feds say you're too bad. So

553
00:33:04,230 --> 00:33:06,420
the federal government is
basically encouraging this was

554
00:33:06,450 --> 00:33:10,980
out and out law breaking by
these people who are just, you

555
00:33:10,980 --> 00:33:13,830
know, they drive black vehicles
with lights and sirens all over

556
00:33:13,830 --> 00:33:17,520
the places and the one good
Trooper told a friend of mine

557
00:33:17,850 --> 00:33:20,760
You know, there's no reason for
them ever to turn there's what's

558
00:33:20,760 --> 00:33:23,610
the emergency, the less a donut
shop is closing because there's

559
00:33:23,610 --> 00:33:27,690
that there's no nothing going on
up there. So these guys are just

560
00:33:27,780 --> 00:33:31,440
a plague. And I think if this is
going on in any other state, I'd

561
00:33:31,470 --> 00:33:33,600
be interested in hearing about
it. Have you ever thought

562
00:33:33,600 --> 00:33:37,320
well, there's an entire
organization and I'm just

563
00:33:37,320 --> 00:33:41,520
looking for it now I think it's
called no border patrol or

564
00:33:41,520 --> 00:33:44,730
something like that. And they
actually videotape these border

565
00:33:44,730 --> 00:33:49,380
patrol stole Yes. Right right.
And and and the guys of course

566
00:33:49,380 --> 00:33:53,040
know their rights and they just
sit and they just so the Border

567
00:33:53,040 --> 00:33:55,500
Patrol agent will come up and
say I just need to check if

568
00:33:55,500 --> 00:33:58,890
you're a US citizen. And they
have no right to ask that they

569
00:33:58,890 --> 00:34:03,270
have no right. And so and then
these guys will who are filming

570
00:34:03,270 --> 00:34:07,950
it sticking a camera in the
face. Yes. I can probably find

571
00:34:07,980 --> 00:34:11,280
find it it's around. But anyway,
so anyway, these guys these

572
00:34:11,280 --> 00:34:14,790
border patrol guys apparently
have gone to the schools. And

573
00:34:14,790 --> 00:34:15,720
because my daughter

574
00:34:17,909 --> 00:34:20,459
Oh, please, please don't tell me
this.

575
00:34:21,389 --> 00:34:23,789
They go into the schools and
they brainwash the kids, you

576
00:34:23,789 --> 00:34:25,919
know, it's okay to do this as
they tell him all this stuff.

577
00:34:25,919 --> 00:34:29,369
That's bull. And again, my
daughter, I guess she's she's

578
00:34:29,369 --> 00:34:32,489
spewed some of this to my wife
who almost got pushed off the

579
00:34:32,489 --> 00:34:36,269
road by one of these guys once.
You know, because the guy says

580
00:34:36,269 --> 00:34:38,819
she's coming. She says she's
driving alone. There's a guy one

581
00:34:38,819 --> 00:34:42,509
inch from her bumper, you know,
got full speed, red lights and

582
00:34:42,509 --> 00:34:46,319
siren honking at her. And then
he pulls out like a maniac into

583
00:34:46,319 --> 00:34:50,279
the next lane and scoots by air
by 90 miles an hour for who

584
00:34:50,279 --> 00:34:53,909
knows what reason. And the
answer. I daughter comes with as

585
00:34:53,909 --> 00:34:58,289
well. They're just doing their
job and cooperate and just

586
00:34:58,289 --> 00:35:02,219
cooperate you'll be fine and
that was It's just grounded is

587
00:35:02,280 --> 00:35:05,430
this but the fact that they're
being brought into your

588
00:35:05,430 --> 00:35:09,630
daughter's school to teach some
bullshit is just an outrage,

589
00:35:09,630 --> 00:35:10,110
John?

590
00:35:11,849 --> 00:35:13,769
Yeah, I know happening

591
00:35:13,769 --> 00:35:17,369
in the UK right now known as
Gitmo nation, East public health

592
00:35:17,369 --> 00:35:24,419
mentors, enlisted by the
National Health Services are now

593
00:35:24,449 --> 00:35:28,739
recruiting people to nag their
friends about living a healthier

594
00:35:28,739 --> 00:35:33,299
lifestyle. And it's like a 80
million pound budget for this

595
00:35:33,299 --> 00:35:38,549
frickin program. This is, you
know, and have you ever seen

596
00:35:38,549 --> 00:35:42,149
these, these websites for kids,
particularly the green websites?

597
00:35:42,149 --> 00:35:45,629
You can you can sign up and get
a little badge. And yeah, you

598
00:35:45,629 --> 00:35:49,109
have to go snoop on your parents
and tell them when they're doing

599
00:35:49,109 --> 00:35:55,439
non green things. This is
outrage. And it's all a part of

600
00:35:55,439 --> 00:35:58,199
something much bigger, which is
taking place before our very

601
00:35:58,199 --> 00:36:05,219
eyes undeniable that the Obama
administration is deeply intent

602
00:36:05,759 --> 00:36:11,999
on creating a mandatory
volunteer service, which I just

603
00:36:11,999 --> 00:36:17,579
love the dichotomy. It's like
the Ministry of Truth. Anyone

604
00:36:17,579 --> 00:36:22,499
between what I think is the ages
of 18 and 25, will have to do

605
00:36:22,589 --> 00:36:27,809
three months of mandatory
volunteer work, which kills me.

606
00:36:28,139 --> 00:36:33,029
Rahm Emanuel, has been preaching
this. This is all part of the

607
00:36:33,539 --> 00:36:39,509
What's that other website that
they have? America cares.org Or

608
00:36:39,509 --> 00:36:41,789
gov across? I can't remember
what it is.

609
00:36:42,090 --> 00:36:43,980
Now the website, they can't keep
up with the all their own

610
00:36:43,980 --> 00:36:46,860
websites. But we've been
checking we recovery.org Yeah, I

611
00:36:46,860 --> 00:36:51,600
have. But just let me stick on
this for a second because you

612
00:36:51,600 --> 00:36:55,530
have to combine that with
another. Another thing Obama has

613
00:36:55,530 --> 00:36:58,710
said repeatedly on the campaign
trail as well, is that he plans

614
00:36:58,710 --> 00:37:03,330
to create a civilian military,
which is just as large and

615
00:37:03,360 --> 00:37:07,680
equally well funded as the
military fighting overseas

616
00:37:07,680 --> 00:37:11,070
currently. Yeah, the brown
shirts. It's what you would call

617
00:37:11,070 --> 00:37:14,970
the brown shirts. This very same
thing is now happening in the

618
00:37:14,970 --> 00:37:19,170
United Kingdom, where they're, I
just got to play this for you.

619
00:37:21,180 --> 00:37:27,630
Where Jackie Smith, who was our
Secretary of Homeland Security,

620
00:37:27,840 --> 00:37:30,270
she's now talking about
training, you just listened to

621
00:37:30,270 --> 00:37:33,060
the like a minute and a half of
what this woman is saying. So

622
00:37:33,060 --> 00:37:37,680
she is our the UK version of the
Department of Homeland Security.

623
00:37:38,130 --> 00:37:44,820
Her name is wacky Jackie Holman,
I'm gonna click play. Go

624
00:37:45,510 --> 00:37:50,430
talk, they will see a complete
strategy to address counter

625
00:37:50,430 --> 00:37:52,800
terror. You know, it's the
nature of this work. But quite

626
00:37:52,800 --> 00:37:55,230
often in the past, it's been the
sort of thing that's happened in

627
00:37:55,230 --> 00:37:58,350
secret behind closed doors. What
we're completely clear about is

628
00:37:58,350 --> 00:38:00,060
that if we're going to address
the threat,

629
00:38:00,090 --> 00:38:02,520
notice how she's using the same
type of words were completely

630
00:38:02,520 --> 00:38:05,610
clear about this. Let's be
clear, be clear

631
00:38:05,640 --> 00:38:09,780
from terrorism. We need to do
that alongside the 60,000 people

632
00:38:09,780 --> 00:38:13,050
that we're now training up to
respond to a terrorist threat in

633
00:38:13,050 --> 00:38:13,230
every

634
00:38:13,230 --> 00:38:17,460
160 1000 people their training
to respond to a terrorist threat

635
00:38:17,489 --> 00:38:20,789
or shopping centers to a hotel.
We need to do it alongside the

636
00:38:20,789 --> 00:38:24,959
3000 police officers now working
on counter terror out and about

637
00:38:24,959 --> 00:38:27,689
doing that so and we need to do
it with international partners

638
00:38:27,689 --> 00:38:30,599
this no longer is something you
can do behind closed doors and

639
00:38:30,599 --> 00:38:31,109
in secret

640
00:38:31,949 --> 00:38:35,129
This is how bold they've become.
Now fuck you we're just gonna do

641
00:38:35,129 --> 00:38:38,369
it out in the open SCREW YOU
IDIOT slaves look we have a

642
00:38:38,369 --> 00:38:41,039
whole force of people your
neighbors are spying on you.

643
00:38:42,299 --> 00:38:43,769
Strokes white pussycat.

644
00:38:45,150 --> 00:38:48,870
Okay, so let's go to the Dvorak
uncensored blog anyone out there

645
00:38:48,870 --> 00:38:52,320
should do this exercise. Okay,
let's go to this search engine

646
00:38:52,920 --> 00:38:54,150
you type in

647
00:38:54,480 --> 00:38:58,080
Hold on I'm still loading the
page I gotta get all your Google

648
00:38:58,080 --> 00:38:58,320
ads

649
00:38:59,280 --> 00:39:03,180
here my all the we have the
special posting logos for

650
00:39:03,180 --> 00:39:06,180
certain thematic stories I'm
ready for that if you know the

651
00:39:06,180 --> 00:39:09,990
name if you know the name of the
jpg you can search and just find

652
00:39:10,020 --> 00:39:12,750
every story that that is one of
these types of stories and and

653
00:39:12,750 --> 00:39:15,900
this one I'm talking about now
is the more endless Tales from

654
00:39:15,900 --> 00:39:19,950
the British fascist state so
Okay, so you want to search for

655
00:39:19,950 --> 00:39:26,730
Hitler UK all one word. It
literally dropped Hitler UK

656
00:39:27,630 --> 00:39:28,380
search box

657
00:39:28,379 --> 00:39:30,689
and run into all right. Got it.

658
00:39:30,840 --> 00:39:33,960
So I want to go over the stories
because I think they're

659
00:39:33,960 --> 00:39:37,980
fascinating. The first one which
is the top of the page is the

660
00:39:37,980 --> 00:39:45,600
two year old that sent it was a
social behavior order for

661
00:39:45,810 --> 00:39:48,900
whatever he did. He's a two year
old. I mean, this is like

662
00:39:48,960 --> 00:39:52,260
everyone's up in arms,
apparently. About this little

663
00:39:52,260 --> 00:39:53,490
kid who's got it?

664
00:39:54,449 --> 00:39:58,589
Yeah, just got explained the
ASBO antisocial behavior

665
00:39:58,619 --> 00:40:01,889
observation I think it is And
it's like, oh, it's like a

666
00:40:01,889 --> 00:40:04,739
strike and you get handed one of
these and you get you get enough

667
00:40:04,739 --> 00:40:11,699
strikes and then you go away.
Yeah, this kid has to do that

668
00:40:11,699 --> 00:40:14,609
there's already a curfew
throughout most parts of London

669
00:40:14,849 --> 00:40:20,429
and 9pm curfew for anyone under
the age of 16. So what was this

670
00:40:20,429 --> 00:40:23,249
kid doing roaming the frickin
streets? Give that kid and as Bo

671
00:40:24,690 --> 00:40:28,500
What do you do choose to
verbally abusing adult residents

672
00:40:28,500 --> 00:40:29,820
and damaging property?

673
00:40:31,769 --> 00:40:33,269
Isn't that what two year olds
do?

674
00:40:35,400 --> 00:40:40,020
Okay, then we go to the next
story. You know, laughing while

675
00:40:40,020 --> 00:40:43,500
driving motorists stopped by
police for laughing while he was

676
00:40:43,500 --> 00:40:48,690
driving. He was really got to

677
00:40:50,010 --> 00:40:53,010
explain just gonna give it a
little context. He was laughing

678
00:40:53,550 --> 00:40:57,180
about a joke told by his brother
in law, and then a traffic

679
00:40:57,210 --> 00:41:01,290
officer immediately pulled him
over because you must be talking

680
00:41:01,290 --> 00:41:05,280
on the phone. To know I was just
laughing at a joke. He didn't

681
00:41:05,280 --> 00:41:05,760
believe him.

682
00:41:10,170 --> 00:41:13,890
And then we go the next day new
law in UK makes it illegal to

683
00:41:13,890 --> 00:41:15,690
take pictures of police.

684
00:41:16,469 --> 00:41:20,069
I've got to publish this as a
continuous link at the bottom of

685
00:41:20,069 --> 00:41:22,709
our show notes just so people
can get a little update every

686
00:41:22,709 --> 00:41:25,739
day it can can you get an RSS
feed from just this topic?

687
00:41:26,189 --> 00:41:29,099
Well, if you type in if you use
the if you look at the top of

688
00:41:29,099 --> 00:41:30,899
the URL that would actually do
it.

689
00:41:31,800 --> 00:41:35,070
Oh, you're right. And it even
has an RSS feed. Yeah. Oh,

690
00:41:35,070 --> 00:41:35,850
beautiful.

691
00:41:36,419 --> 00:41:39,959
Anyway, here we go into the next
story. Couple forced to give

692
00:41:39,959 --> 00:41:44,399
grandchildren up for adoption by
gay men because they're too old

693
00:41:44,489 --> 00:41:49,019
at 46 and 5946. And

694
00:41:49,020 --> 00:41:51,720
59 is do old that have kids.

695
00:41:52,380 --> 00:41:55,260
It wants to have their own kids,
their grandchildren they can't

696
00:41:55,260 --> 00:41:59,100
raise their own grandchildren.
Okay, here we go. Next story. UK

697
00:41:59,130 --> 00:42:00,960
this is more along the lines
right? This is what triggered

698
00:42:00,960 --> 00:42:05,190
this by the way. UK is new food
police nanny state says you will

699
00:42:05,220 --> 00:42:09,270
eat everything on your plate.
And this is about you know

700
00:42:09,270 --> 00:42:14,430
making people eat what right
householders or be invited by

701
00:42:14,430 --> 00:42:17,610
officials offering advice on
cooking with leftovers, and a

702
00:42:17,610 --> 00:42:19,920
government initiative to reduce
the amount of food that gets

703
00:42:19,920 --> 00:42:23,520
thrown away. home cooks will be
told what size proportions to

704
00:42:23,520 --> 00:42:26,880
prepare, taught to understand
best before dates and urged to

705
00:42:26,880 --> 00:42:30,570
make more use of their freezers.
The door to door campaign which

706
00:42:30,570 --> 00:42:34,080
starts tomorrow will be funded
by the Waste and Resources

707
00:42:34,110 --> 00:42:37,920
Action Programme wrap a
government agency charged with

708
00:42:37,920 --> 00:42:43,230
reducing household waste. The
officials will be called Food

709
00:42:43,230 --> 00:42:44,220
champions.

710
00:42:44,789 --> 00:42:49,589
Oh man, do we get some of those
naked vegan pregnant chicks as

711
00:42:49,589 --> 00:42:49,949
well.

712
00:42:51,539 --> 00:42:58,439
Next Next story. Giant plasma
TVs face ban in battle to green

713
00:42:58,439 --> 00:43:00,869
Britain, which means you're
gonna you're gonna be a huge

714
00:43:00,869 --> 00:43:01,319
plasma

715
00:43:01,590 --> 00:43:04,560
storage now we've done these
stories. Yeah, okay. Well, a lot

716
00:43:04,560 --> 00:43:04,620
of

717
00:43:06,000 --> 00:43:08,340
police set to step up hacking.

718
00:43:09,059 --> 00:43:10,979
You're depressing me now.

719
00:43:11,880 --> 00:43:15,720
entire UK secret police
mechanism to be privatized. We

720
00:43:15,720 --> 00:43:20,550
haven't done this. Which one or
the private firm may track all

721
00:43:20,550 --> 00:43:22,680
email and calls the guardian.
And

722
00:43:23,400 --> 00:43:25,590
we didn't get to it. But yeah,
it was a couple of weeks ago.

723
00:43:26,130 --> 00:43:26,520
Right.

724
00:43:28,440 --> 00:43:30,690
Then we have you know, this was
another one that's kind of

725
00:43:30,690 --> 00:43:34,020
interesting. That CCTV camera
used by social services to

726
00:43:34,020 --> 00:43:38,610
monitors couples bedrooms. Yeah,
that was about two months goes

727
00:43:38,610 --> 00:43:41,520
on. Okay. I just want to go to
the police

728
00:43:41,519 --> 00:43:46,229
stations here. Yeah. And so the
point is, you can learn a lot by

729
00:43:46,229 --> 00:43:48,509
looking at what's happening in
the United Kingdom, but vice

730
00:43:48,509 --> 00:43:51,749
versa, because it's not all in
sync. It's not kind of rolling

731
00:43:51,749 --> 00:43:53,969
all at the same time for a
number of reasons. But the

732
00:43:53,969 --> 00:43:58,379
general agenda is pretty much
the same. And it's recruit

733
00:43:58,379 --> 00:44:04,019
people first indoctrinate them
hypnotize people about such

734
00:44:04,049 --> 00:44:08,399
issues as climate change in the
same soundbite way that we bring

735
00:44:08,399 --> 00:44:14,939
you Amy Winehouse news, and then
train people to call people out

736
00:44:14,969 --> 00:44:17,939
that's part of that whole
calling out culture and now

737
00:44:17,939 --> 00:44:20,789
we're going to rat on our
friends or neighbors maybe even

738
00:44:20,789 --> 00:44:22,589
our family members our parents.

739
00:44:24,780 --> 00:44:27,030
By the way that I just want to
mention one more start which

740
00:44:27,030 --> 00:44:31,830
happened in September, another
asked bow, a boy faces

741
00:44:31,830 --> 00:44:37,260
antisocial behavior indictment
for his missing cat poster. The

742
00:44:37,260 --> 00:44:41,640
boy put up posters to find his
missing cat was ordered to tear

743
00:44:41,640 --> 00:44:48,540
them down. Anyway love it. So So
anyway, I Hitler UK so it's all

744
00:44:48,540 --> 00:44:50,610
one word, look it up in the
search box and you can read all

745
00:44:50,610 --> 00:44:53,160
these fascinating stories for
yourself. And you can even know

746
00:44:53,160 --> 00:44:54,840
there's a lot more than where
that came from.

747
00:44:56,460 --> 00:45:01,440
Very interesting meeting took
place in in Russia. This past

748
00:45:01,440 --> 00:45:07,710
week between Medvedev, the
President of Russia, and check

749
00:45:07,710 --> 00:45:13,620
this list out, Henry Kissinger,
James Baker, Charles Schultz,

750
00:45:14,370 --> 00:45:20,010
William Perry. And Sam Nunn, who
I didn't know he's

751
00:45:20,610 --> 00:45:21,780
still alive.

752
00:45:22,320 --> 00:45:28,050
I guess he was a defense Expert
and Former US Senator had a

753
00:45:28,050 --> 00:45:30,390
meeting with Medvedev boy I
would have liked had been a

754
00:45:30,390 --> 00:45:31,950
little fly on the wall there,
huh.

755
00:45:33,179 --> 00:45:34,739
What do you think the meeting
was about?

756
00:45:34,920 --> 00:45:38,820
I believe what's taking place is
neither. Okay. Yeah, I think

757
00:45:38,820 --> 00:45:43,410
America is cozying up to Russia,
because they're afraid of China.

758
00:45:43,770 --> 00:45:48,390
So I think, and also, Russia has
been you know, rearming and

759
00:45:48,390 --> 00:45:51,000
being pretty public about it. So
they're kind of showing their

760
00:45:51,000 --> 00:45:54,720
muscle. I think that it's it
feels like they're like the US,

761
00:45:54,930 --> 00:45:57,030
like the Obama administration.
Of course, when you see

762
00:45:57,030 --> 00:46:00,690
Kissinger, he's totally in there
with his buddy Brzezinski, et

763
00:46:00,690 --> 00:46:04,680
cetera. But these are all
Secretaries of State, right.

764
00:46:04,680 --> 00:46:08,700
James Baker Schultz, this is
this is huge. This is not just

765
00:46:08,700 --> 00:46:10,500
the little hunky dory meeting.

766
00:46:12,420 --> 00:46:14,430
I guess it's one of these
meetings that they're probably

767
00:46:14,430 --> 00:46:16,920
made some decisions about how
they're going to do a phony

768
00:46:16,920 --> 00:46:19,440
baloney attack of Georgia or
they're going to be pushed back

769
00:46:19,440 --> 00:46:22,110
or they're gonna do this. Who
knows? It's probably as probably

770
00:46:22,110 --> 00:46:25,110
working on the script. I have
gripped a meeting. It was a

771
00:46:25,110 --> 00:46:26,070
writers meeting. It's

772
00:46:26,069 --> 00:46:32,579
a writers. It's a table read.
All right. Hey, hey, Henry.

773
00:46:32,579 --> 00:46:34,889
Henry, can you work on your
inflection a little bit, you

774
00:46:34,889 --> 00:46:38,489
know, we need it's not quite
your timing is a little bit off.

775
00:46:38,519 --> 00:46:46,829
You're getting there. Man. Well,
we'll see but that, you know,

776
00:46:46,919 --> 00:46:50,609
unreported. That was in profit.
Actually, I've gotten into

777
00:46:50,609 --> 00:46:50,939
reading,

778
00:46:51,150 --> 00:46:53,040
how does that stuff get
unreported?

779
00:46:53,669 --> 00:46:56,729
Well, excuse me. The President
was on lenah What the fuck do

780
00:46:56,729 --> 00:46:59,759
you think we're going to talk
about? We're going to talk about

781
00:46:59,759 --> 00:47:00,869
important things like

782
00:47:01,260 --> 00:47:04,470
Maddie totally slam the Special
Olympics do that. So wrong.

783
00:47:04,470 --> 00:47:08,460
Let's debate that. So a story
just cropped up on the blog with

784
00:47:08,460 --> 00:47:11,280
the endless tales logo on it
from one of our new bloggers.

785
00:47:11,820 --> 00:47:16,920
Joe, and it's I have to read
this to you. Stasi HQ, HQ, UK.

786
00:47:17,010 --> 00:47:19,230
Do you know about this? No. They
just have a picture of this

787
00:47:19,230 --> 00:47:22,170
anonymous office building and a
business partner. Oh, yeah. Hear

788
00:47:22,170 --> 00:47:24,540
about it? Yeah, go for it. Go
for it. They're monitoring

789
00:47:24,540 --> 00:47:27,630
millions of British
holidaymakers using a new terror

790
00:47:27,630 --> 00:47:31,440
detected detector database.
Yeah, apparently. Yeah. You have

791
00:47:31,440 --> 00:47:32,010
to register

792
00:47:32,010 --> 00:47:33,180
where you're going on holiday.

793
00:47:34,739 --> 00:47:37,709
Yeah. So if you're going to a
Portugal, you have to register

794
00:47:37,709 --> 00:47:38,429
with the government.

795
00:47:38,579 --> 00:47:41,549
Yep. It's interesting. You say
that because I'm going to

796
00:47:41,549 --> 00:47:46,169
Portugal in a couple of weeks.
On on a one week holiday.

797
00:47:46,620 --> 00:47:48,780
You have to register with the
government to go to Portugal?

798
00:47:48,810 --> 00:47:50,940
Yes, you do. You just can't buy
a ticket.

799
00:47:51,510 --> 00:47:57,690
Well, I do it. But I think the
airlines as a courtesy I think

800
00:47:57,690 --> 00:47:59,790
the airlines pass that
information on to the

801
00:47:59,790 --> 00:48:02,610
government. I don't think you
have to do anything. It's a

802
00:48:02,610 --> 00:48:05,490
service. It's an extra bonus.
You should be happy. You know,

803
00:48:05,490 --> 00:48:08,640
your you should be happy. We
don't put a surcharge on your

804
00:48:08,640 --> 00:48:11,970
ticket for passing off that
information for your security.

805
00:48:11,970 --> 00:48:14,340
You know, that's coming next and
to protect the children of

806
00:48:14,340 --> 00:48:17,760
course, it's going to come next
for children's Protection Act.

807
00:48:17,940 --> 00:48:23,220
See, isn't there already a
children's Protection Act? Fie

808
00:48:23,520 --> 00:48:32,910
fie.com.gov. I was gonna say
something about about Portugal.

809
00:48:33,180 --> 00:48:36,210
I learned Portugal is great.
Yeah, so we're going to Portugal

810
00:48:36,270 --> 00:48:43,980
for going right about 20 minutes
from file from Lisbon. Which way

811
00:48:44,640 --> 00:48:51,360
not the I have to look it up on
the map we're not near the the

812
00:48:51,360 --> 00:48:58,230
true Algarve. We rented a house
which is kind of in a little

813
00:48:58,230 --> 00:49:05,010
village, but it's not like on on
the sea. But I learned that

814
00:49:05,010 --> 00:49:09,180
Portugal decriminalized all
drugs a while but I didn't know

815
00:49:09,180 --> 00:49:13,830
that. I didn't know it either.
And it turns out that it's been

816
00:49:13,830 --> 00:49:19,830
very successful for them. in
combating drug crime, it's gone

817
00:49:19,830 --> 00:49:22,560
down significantly. They just
said screw it, you know, do

818
00:49:22,560 --> 00:49:27,060
whatever you want. Take whatever
you want. And and when this

819
00:49:27,059 --> 00:49:28,829
is on unpublicized News,

820
00:49:28,920 --> 00:49:33,030
I'm looking for the article. See
if I can find it here. Of course

821
00:49:33,030 --> 00:49:33,990
it's unpublicized.

822
00:49:36,449 --> 00:49:37,739
I'm aghast.

823
00:49:38,099 --> 00:49:44,849
No, surely you're not shocked by
this. Are you looking it up?

824
00:49:44,849 --> 00:49:45,869
Because I can't seem to

825
00:49:45,900 --> 00:49:50,490
have a lot of good wine in
Portugal. Yes, yes, Lord Chagall

826
00:49:50,490 --> 00:49:55,440
decriminalizes drug use. When
When did they do that? I'm

827
00:49:55,440 --> 00:49:59,790
looking what looks like I think
couple of looks like this. This

828
00:49:59,790 --> 00:50:01,830
was In July of 2001

829
00:50:02,519 --> 00:50:06,869
Shit I would have been who screw
Jamaica. I should be Portugal.

830
00:50:06,869 --> 00:50:07,739
What am I doing?

831
00:50:12,690 --> 00:50:16,050
Now, maybe it wasn't no it says
right here it takes drug use off

832
00:50:16,050 --> 00:50:19,980
the chargesheet addicts treated
as a health and social problem.

833
00:50:25,409 --> 00:50:30,209
This was a 2001 article. And
here's it may 14 2009 article

834
00:50:30,209 --> 00:50:34,529
the success of decriminalization
in Portugal. This is a salon

835
00:50:34,529 --> 00:50:38,759
article because nobody reads
salon either. For good reason,

836
00:50:39,299 --> 00:50:41,909
the success of what's the good
drug criminalization in Portugal

837
00:50:41,909 --> 00:50:45,119
in 2001, Portugal became the
only EU member state to

838
00:50:45,119 --> 00:50:49,349
decriminalize drugs, a
distinction, which continues to

839
00:50:49,349 --> 00:50:52,829
the present. Last year working
with the Cato Institute, I went

840
00:50:52,829 --> 00:50:55,079
to that country in order to
research the effects of the

841
00:50:55,079 --> 00:50:58,499
decriminalization law, which
applies to all substances

842
00:50:58,499 --> 00:51:02,219
including cocaine and heroin,
and an interview both Portuguese

843
00:51:02,219 --> 00:51:04,439
and eNodeB. Winter. Nobody's
talking about this

844
00:51:04,440 --> 00:51:05,460
is excellent, isn't it?

845
00:51:07,110 --> 00:51:10,530
Spent so they've done it's been
over eight years. It's working

846
00:51:10,530 --> 00:51:14,700
fabulously it's working
fabulously so let's don't talk

847
00:51:14,700 --> 00:51:20,100
about anybody. Well, a story ran
in salon.

848
00:51:21,780 --> 00:51:28,800
So well, on the heels of that,
from the Austrian profile, I

849
00:51:28,800 --> 00:51:37,050
think is the name of the profiel
Yeah. The world drug trade is so

850
00:51:37,050 --> 00:51:39,930
big it is quote the most
important of all world

851
00:51:39,930 --> 00:51:45,690
agricultural markets worth over
$320 billion UN Office of Drug

852
00:51:45,690 --> 00:51:50,010
and drugs and crime director
Antonio Costa told the Austrian

853
00:51:50,010 --> 00:51:54,180
weekly pro Phil this is this is
why I say that it's highly

854
00:51:54,180 --> 00:51:57,750
unlikely that any form of drugs
will be decriminalized certainly

855
00:51:57,750 --> 00:52:01,350
in the United States probably
the largest the largest market

856
00:52:01,350 --> 00:52:07,410
for drugs $320 billion that's
over half a percent of the world

857
00:52:07,410 --> 00:52:14,160
GDP. Yeah. Although I guess not
a lot of variety available in

858
00:52:14,160 --> 00:52:18,420
Portugal and those guys pulling
my shit that market shot that's

859
00:52:18,420 --> 00:52:24,330
no good. And while we're on
that, could somebody please

860
00:52:24,930 --> 00:52:28,560
point out to me a company that
makes lighters with actual

861
00:52:28,560 --> 00:52:34,590
lighter fluid included in your
purchase? What do you mean? I

862
00:52:34,590 --> 00:52:35,070
buy

863
00:52:35,100 --> 00:52:41,070
most lighters butane? Yeah. But
I call a lighter fluid which was

864
00:52:41,070 --> 00:52:43,920
used as it was WICT and it was
usually like with it with a

865
00:52:44,100 --> 00:52:48,120
Zippo or a Ronson and it was a
fluid that was largely kerosene

866
00:52:48,149 --> 00:52:53,069
you misunderstand I should I
should explain they seem to give

867
00:52:53,069 --> 00:52:57,089
them like a quarter full the you
buy a new lighter and of course

868
00:52:57,089 --> 00:52:59,309
you would know about this John
But lots of people who smoke

869
00:52:59,309 --> 00:53:02,279
would you buy new lighter and
then after two days fucking

870
00:53:02,279 --> 00:53:05,819
things empty again? Because they
keep putting less fluid in?

871
00:53:06,299 --> 00:53:07,769
Yeah, I hate that.

872
00:53:08,280 --> 00:53:09,900
I'm sure you do. But what are
you going to do about it?

873
00:53:09,900 --> 00:53:14,520
Well try and work with our
audience to find the good

874
00:53:14,730 --> 00:53:17,640
lighters and the only one
although it's hard to find them

875
00:53:17,670 --> 00:53:21,000
or the oval big lighters those
are the ones that usually last

876
00:53:21,000 --> 00:53:24,150
forever and every other lighter
you buy is

877
00:53:24,360 --> 00:53:27,780
is just why don't you just buy
that instead of complaints? Not

878
00:53:27,780 --> 00:53:28,140
hard.

879
00:53:28,139 --> 00:53:32,429
It's not easy to find them. It's
it's only one case of them.

880
00:53:32,699 --> 00:53:37,649
I think that butane leaks out
through the plastic No, I think

881
00:53:37,649 --> 00:53:40,079
that those things are so poorly
made that there's little leaks

882
00:53:40,079 --> 00:53:42,599
all over him and I think that's
where the by the time you get

883
00:53:42,599 --> 00:53:47,729
when they're half empty no I
don't think so. I think that's

884
00:53:47,729 --> 00:53:56,459
what it is I'm just asking for
help here. Buy a lighter that

885
00:53:56,459 --> 00:53:59,309
you think has nothing in it put
it in a drawer and leave it in

886
00:53:59,309 --> 00:54:02,249
there for one year and see if
there's any juice left at all.

887
00:54:03,749 --> 00:54:09,059
Okay, I'll bet you it's empty
okay in

888
00:54:11,039 --> 00:54:17,489
Alberta the they're starting to
cap is the funniest thing we see

889
00:54:17,489 --> 00:54:21,719
these pictures are starting to
cap carbon dioxide it's just so

890
00:54:21,719 --> 00:54:27,119
funny to see these huge pipes
going into the ground I don't

891
00:54:27,119 --> 00:54:30,929
understand how this is this can
be if we if we buy into the idea

892
00:54:30,929 --> 00:54:36,029
that carbon dioxide is deadly.
Why are we pumping that shit

893
00:54:36,029 --> 00:54:39,419
into the earth that makes that
makes very little sense to me

894
00:54:39,479 --> 00:54:42,269
then that's what cap and trade
is isn't it's not part of it is

895
00:54:42,359 --> 00:54:43,169
yes part of

896
00:54:43,169 --> 00:54:46,319
it? I think. I think we I think
I think we have I think there's

897
00:54:46,319 --> 00:54:50,969
an evil doer. Somewhere in the
scheme of things. It could be Al

898
00:54:50,969 --> 00:54:56,129
Gore he sounds like a robot
trying to kill all vegetation

899
00:54:56,129 --> 00:54:59,369
because vegetation requires
carbon dioxide to survive.

900
00:55:03,899 --> 00:55:08,009
I was trying to do something
cool but didn't work. Maybe

901
00:55:08,009 --> 00:55:12,809
that's all I have to say about
it. Let me try it now. I am Al

902
00:55:12,809 --> 00:55:13,799
Gore. Oops.

903
00:55:17,099 --> 00:55:19,289
Maybe we should rehearse the
show. No,

904
00:55:19,289 --> 00:55:20,549
that would be wrong. No, no.

905
00:55:21,630 --> 00:55:23,400
Hold on. Here it is. Now. I've
got it.

906
00:55:24,659 --> 00:55:30,809
I am Alcor Nago. Oh, that's it.
Well, what would you like Al

907
00:55:30,809 --> 00:55:31,529
Gore to say?

908
00:55:31,829 --> 00:55:34,319
I should have said something. I
am Al Gore, I am a robot, your

909
00:55:34,319 --> 00:55:35,189
new master

910
00:55:40,679 --> 00:55:41,789
here comes ringtone,

911
00:55:41,969 --> 00:55:45,539
I am Al Gore, and I am a robot,
your new master?

912
00:55:46,469 --> 00:55:50,219
It's good. So you just typed
that into Twitter. And it does

913
00:55:50,219 --> 00:55:50,789
this right?

914
00:55:51,030 --> 00:55:54,360
No, well, I just typed into my
computer. But yeah, if you if

915
00:55:54,360 --> 00:55:56,580
you Twitter that, then it would
actually run on the stream like

916
00:55:56,580 --> 00:56:02,400
that. Okay. Two credit unions
seized. And this is I think, a

917
00:56:02,400 --> 00:56:07,680
much bigger deal than them than
we think it is. What is actually

918
00:56:07,680 --> 00:56:09,870
the what is a credit union John?

919
00:56:10,530 --> 00:56:14,970
Credit Union is, is a kind of a
form of a bank. But it tends to

920
00:56:14,970 --> 00:56:21,840
be run privately, usually by a
union, or a government agency or

921
00:56:21,840 --> 00:56:24,330
something like that. It's almost
like a it's almost like those

922
00:56:24,330 --> 00:56:27,300
little utilities companies that
are owned by the city rather

923
00:56:27,300 --> 00:56:28,830
than the big utilities company.

924
00:56:29,699 --> 00:56:35,189
Well, the US Central corporate
Federal Credit Union, and the

925
00:56:35,189 --> 00:56:39,809
Western corporate Federal Credit
Union, total combined assets $57

926
00:56:39,809 --> 00:56:43,319
billion taken into
conservatorship by federal

927
00:56:43,319 --> 00:56:48,299
regulators. That's what they
should do with AIG. Instead of

928
00:56:48,299 --> 00:56:49,619
all yellow, yeah,

929
00:56:50,219 --> 00:56:52,769
I know they own 80% of them now.
I don't know what what the deal

930
00:56:52,769 --> 00:56:56,069
is. This AIG thing is
ridiculous. Because I say I ag

931
00:56:56,069 --> 00:56:58,529
earlier. Yeah. So that a couple
of things you correct me you can

932
00:56:58,529 --> 00:56:59,549
make me look like an idiot.

933
00:57:00,150 --> 00:57:04,590
I like it when you sound like an
idiot. The here's a guy who will

934
00:57:04,590 --> 00:57:10,350
be shot pretty soon. A Russian
designer has created a

935
00:57:10,350 --> 00:57:12,240
revolutionary car engine.

936
00:57:14,969 --> 00:57:16,079
Get him out of here,

937
00:57:16,109 --> 00:57:19,229
take them Fugger out back to to
the head and put the gun in his

938
00:57:19,229 --> 00:57:24,539
hand. He's calculated that
10,000 of his engines with 600

939
00:57:24,539 --> 00:57:28,409
horsepower capacity could save
up to seven half million dollars

940
00:57:28,409 --> 00:57:32,279
a year in fuels in terms of fuel
economy. It's a really weird

941
00:57:32,279 --> 00:57:39,749
looking thing. It's it's
probably bull. sent me the link.

942
00:57:39,869 --> 00:57:43,049
Yeah, hold on a second. He says
my engine works without any

943
00:57:43,049 --> 00:57:47,069
noise. It's absolutely harmless
to our environment. It's the

944
00:57:47,069 --> 00:57:50,639
most economic engine ever
created. And it can work even

945
00:57:50,639 --> 00:57:52,169
without transmission.

946
00:57:53,130 --> 00:57:54,870
Yeah, right. Wonder why

947
00:57:54,869 --> 00:57:57,899
be so skeptical? Because it
sounds like

948
00:57:57,899 --> 00:57:58,559
bull.

949
00:58:01,260 --> 00:58:03,690
Well, what are you have you ever
tried making an engine in your

950
00:58:03,690 --> 00:58:05,250
workshop? Man, what do you know,
you

951
00:58:05,250 --> 00:58:09,360
know, engines is like engine
design and invention is been

952
00:58:09,360 --> 00:58:12,420
kind of like has a few centuries
of you know, yeah,

953
00:58:12,449 --> 00:58:16,289
exactly. Like 100 years ago,
Tesla was coming up with all

954
00:58:16,289 --> 00:58:20,249
this amazing stuff. And they
burned his shit down, burned his

955
00:58:20,249 --> 00:58:25,079
papers and let him die in
poverty. The guy who brought us

956
00:58:25,109 --> 00:58:30,779
the Niagara Falls power plant.
They yes, they they, in this

957
00:58:30,779 --> 00:58:31,139
case.

958
00:58:31,139 --> 00:58:36,239
74 year old Russian designer
Robert Greggii. orients has

959
00:58:36,239 --> 00:58:39,809
developed an engine which can
make a revolution in the engine

960
00:58:39,809 --> 00:58:46,739
industry. He's from the VO
Volgograd agricultural economy

961
00:58:46,769 --> 00:58:53,279
or Academy. Yeah, right. Blah,
blah, blah, blah. There's no

962
00:58:53,279 --> 00:58:54,659
picture. There's nothing. It's

963
00:58:54,659 --> 00:58:56,849
a picture on the right and you
click that and you can see more

964
00:58:56,849 --> 00:58:57,509
pictures.

965
00:58:58,920 --> 00:59:02,340
Did I click nothing happens?
There's no nothing to click

966
00:59:02,369 --> 00:59:09,599
yourself a manly browser. During
President Obama's West Coast

967
00:59:09,629 --> 00:59:15,209
town hall meeting, he mentioned
a new URL, John. Oh, yes, one.

968
00:59:15,269 --> 00:59:20,999
It's making home. affordable.gov
probably the worst worst URL

969
00:59:20,999 --> 00:59:23,879
I've ever heard of why? And he
said it he said without

970
00:59:23,879 --> 00:59:26,969
stumbling, making home
affordable.gov It probably

971
00:59:26,969 --> 00:59:30,149
spelled out on the teleprompter
as individual words Making Home

972
00:59:30,179 --> 00:59:37,199
Affordable. Do t. Gov. And this.
This shows us if if we are

973
00:59:37,199 --> 00:59:40,049
amongst the seven to 9 million
homeowners who may be able to

974
00:59:40,049 --> 00:59:42,329
benefit from Making Home
Affordable. Would you like to

975
00:59:42,329 --> 00:59:43,889
find out if you're eligible,
John?

976
00:59:45,269 --> 00:59:48,029
Well, I can see I can look up
I'm looking at the website.

977
00:59:48,449 --> 00:59:52,199
Eligibility loan lookup. Find a
counselor or your counselors are

978
00:59:52,199 --> 00:59:54,299
going to be big during this
administration. You can be sure

979
00:59:54,299 --> 00:59:54,779
that

980
00:59:55,500 --> 00:59:58,380
I start here to get help. I've
already done the test that you

981
00:59:58,380 --> 01:00:00,240
basically have to answer yes to
all the question. Since

982
01:00:00,240 --> 01:00:03,960
otherwise you don't get through.
There's no logic in it. So are

983
01:00:03,960 --> 01:00:07,620
you the owner of a one to four
home unit? Yes. Do you have a

984
01:00:07,620 --> 01:00:10,740
loan owned or guaranteed by
Fannie Mae or Freddie Mac?

985
01:00:10,770 --> 01:00:13,680
That's the kicker? If you don't
have a loan guaranteed by them,

986
01:00:13,680 --> 01:00:17,340
then you're off the list. Are
you current on your mortgage

987
01:00:17,340 --> 01:00:21,840
payment? I mean, it's like no
one is. If you have a Fannie Mae

988
01:00:21,840 --> 01:00:24,510
or Freddie Mae, Freddie Mac back
mortgage, we know that most

989
01:00:24,510 --> 01:00:28,830
people are not current on their
mortgage payments. Probably

990
01:00:28,830 --> 01:00:31,650
can't answer no to that. Do you
believe that the amount you owe

991
01:00:31,650 --> 01:00:37,500
on your first mortgage is about
or this, if you will fail, you

992
01:00:37,500 --> 01:00:40,530
get fail every single time but
then they have a different two,

993
01:00:40,530 --> 01:00:44,130
there's basically two paths, you
have the two if you answer no to

994
01:00:44,130 --> 01:00:46,740
one of those questions, they
don't get passed. So that's the

995
01:00:46,740 --> 01:00:51,330
Home Affordable Refinance, and
then it gives you sorry, are

996
01:00:51,330 --> 01:00:54,000
eligible but then you can go for
the Home Affordable

997
01:00:54,000 --> 01:00:58,200
Modification. And this is the
moneymaker. This is the one

998
01:00:58,560 --> 01:01:02,310
where they will lower your
payments, but you wind up paying

999
01:01:02,310 --> 01:01:06,750
more for your mortgage because
they extend the they extend your

1000
01:01:06,750 --> 01:01:10,470
payment terms by three to five
years.

1001
01:01:10,739 --> 01:01:12,899
Okay, so there's something
screwy about this site. Let me

1002
01:01:12,899 --> 01:01:15,899
take a couple of couple shots.
For one thing this is not

1003
01:01:15,929 --> 01:01:18,899
doesn't look like it's done by
the Obama team. It's got making

1004
01:01:18,899 --> 01:01:24,659
home affordable.gov sales mark
right over the.gov Oh, yeah,

1005
01:01:24,659 --> 01:01:28,049
Sam, I see it right. So there's
a sales Mark available and it's

1006
01:01:28,049 --> 01:01:29,969
got these three home peaks and
so they

1007
01:01:30,630 --> 01:01:34,950
check at the top? Could the
hotline 888995 Hope.

1008
01:01:36,210 --> 01:01:38,700
Right In fact, if you look in
the top line, it says

1009
01:01:38,999 --> 01:01:41,189
trademark and hope is
trademarked

1010
01:01:41,730 --> 01:01:43,380
is now a trademark by the

1011
01:01:43,889 --> 01:01:49,829
people only if it's all
uppercase up. Maybe is it

1012
01:01:49,859 --> 01:01:51,809
homeowners hope is trademarked?

1013
01:01:51,869 --> 01:01:57,839
I don't know if it's homeowner
So that's if there's a there's

1014
01:01:58,319 --> 01:02:07,229
like a laugh saved because it's
outrageous. hope hope all

1015
01:02:07,229 --> 01:02:08,639
uppercase is trademarked.

1016
01:02:08,939 --> 01:02:11,879
We're gonna get sued man, we're
going to take it back for this

1017
01:02:11,879 --> 01:02:16,289
ship you when you say on pay
shot twice. How come there's no

1018
01:02:16,289 --> 01:02:20,579
About Us link? There's
eligibility loan lookup, find a

1019
01:02:20,579 --> 01:02:25,619
counselor contact your mortgage,
servicer. Resources, audio and

1020
01:02:25,619 --> 01:02:28,799
video. Oh, dude, you've got to
listen. It's like it's like a

1021
01:02:28,799 --> 01:02:32,369
horrible infomercial. Oh, dude,
I

1022
01:02:32,370 --> 01:02:35,880
watch it. Well, I take some
clips from it for next time. You

1023
01:02:35,880 --> 01:02:39,660
don't know us. treasury.gov is
in partnership and is in

1024
01:02:39,660 --> 01:02:44,460
partnership with Hu d.gov.
Lincoln in partnership with the

1025
01:02:44,460 --> 01:02:47,820
financial stability.gov Is that

1026
01:02:48,150 --> 01:02:53,040
person who has always paid bills
on time, and I never thought

1027
01:02:53,040 --> 01:02:57,390
that I'd have a stroke. But it
happens. And I never thought

1028
01:02:57,390 --> 01:03:00,480
I've ever been in this
situation. But it has happened.

1029
01:03:01,650 --> 01:03:04,770
Millions of Americans are having
a difficult time making their

1030
01:03:04,770 --> 01:03:05,790
mortgage payments.

1031
01:03:06,150 --> 01:03:07,770
Doesn't that sound like an
infomercial?

1032
01:03:08,820 --> 01:03:12,060
Is she doesn't sound like she's
had much of a stroke. So the

1033
01:03:12,060 --> 01:03:15,330
financial stability.gov site
which links at the very bottom

1034
01:03:15,330 --> 01:03:19,920
of that page is site is coming
soon. On Tuesday, February 10.

1035
01:03:19,920 --> 01:03:22,950
Treasury Secretary Timothy
Geithner outlined a

1036
01:03:22,950 --> 01:03:25,410
comprehensive plan to restore
stability to our financial

1037
01:03:25,410 --> 01:03:29,100
system and the address blah blah
blah blah blah blah. This is the

1038
01:03:29,100 --> 01:03:32,040
site that has no no form. Yeah,
it's just like an outline. It

1039
01:03:32,040 --> 01:03:35,880
has no background no pizza. Yes,
the site is coming. It's under

1040
01:03:35,880 --> 01:03:36,870
construction. Yeah,

1041
01:03:36,869 --> 01:03:38,219
where's the little man digging?
Oh,

1042
01:03:38,489 --> 01:03:41,369
this isn't one of those shovel,
shovel ready projects, I guess

1043
01:03:41,369 --> 01:03:41,669
jar?

1044
01:03:42,269 --> 01:03:47,729
A shovel ready website. That's a
good one. She get this laugh.

1045
01:03:48,539 --> 01:03:53,069
Because it's real. That's the
problem. When I'm looking at

1046
01:03:53,069 --> 01:03:55,799
this, I'm just busted up. I
can't believe what they're

1047
01:03:55,799 --> 01:04:00,329
doing. They they in that
infomercial? I did take some

1048
01:04:00,329 --> 01:04:03,989
notes about it because I watched
it at a certain this is a minor

1049
01:04:03,989 --> 01:04:09,269
pet peeve I have. They spelled
their as with the possessive as

1050
01:04:09,299 --> 01:04:13,769
th er E in the subtitles. Oh,
that's funny. It just irks me

1051
01:04:13,769 --> 01:04:16,259
when that when people do that.
Oh, they don't have any copy

1052
01:04:16,259 --> 01:04:22,619
editors. What's the infomercial
guys the same guys who do the ab

1053
01:04:22,739 --> 01:04:29,669
ab machine are now refinancing
your your mortgage and you're

1054
01:04:29,669 --> 01:04:34,139
gonna get screwed on it. I
should have pulled the clip from

1055
01:04:35,579 --> 01:04:43,409
AIG, AIG CEO, where it was it
was it was a setup Barney Frank

1056
01:04:43,409 --> 01:04:45,659
actually said, Well, I want the
names of the people getting

1057
01:04:45,659 --> 01:04:51,389
these bonuses. And then and then
they'll what's his name? Dillard

1058
01:04:52,259 --> 01:04:56,339
is Dillard. He says Let me read
you a letter. And he reads out

1059
01:04:56,339 --> 01:05:00,329
these threat letters of people
saying every AIG employee Got a

1060
01:05:00,359 --> 01:05:03,449
bonus should have and their
families we should put piano

1061
01:05:03,449 --> 01:05:07,229
wire around their necks and
strangle them to death and then

1062
01:05:07,229 --> 01:05:09,779
hang them up by their testicles.
He's like, I don't think it's a

1063
01:05:09,779 --> 01:05:13,079
good idea to give these names.
And then Barney Frank is going

1064
01:05:13,079 --> 01:05:16,109
well, I'll talk to the security
people. Like, what department is

1065
01:05:16,109 --> 01:05:18,839
that Barney? And he kept saying
it the secure. I'm going to talk

1066
01:05:18,839 --> 01:05:21,059
to the security people, but I
think we can do that. So now

1067
01:05:21,059 --> 01:05:22,199
they have 11 names

1068
01:05:24,719 --> 01:05:29,459
is just a distraction. Totally.
So now there's some stories out

1069
01:05:29,459 --> 01:05:32,999
there that say that that
Santilli Durant was staged. We

1070
01:05:33,000 --> 01:05:35,310
talked about that last week.
It's exactly what we said. It's

1071
01:05:35,310 --> 01:05:38,580
completely possible that was
staged to spark this off, throw

1072
01:05:38,580 --> 01:05:42,510
Jim Cramer in there. Get the
president on Leno. Get Bernanke

1073
01:05:42,510 --> 01:05:46,470
on 60 minutes. Everybody start
getting really angry about these

1074
01:05:46,470 --> 01:05:50,610
bonuses, and all the other stuff
just kind of happens without a

1075
01:05:50,610 --> 01:05:51,180
noise

1076
01:05:56,070 --> 01:05:58,560
so I don't normally look at the
Twitter feed while we're doing

1077
01:05:58,560 --> 01:06:02,400
the show. But I got to I did
this one. Tell Adam, the women

1078
01:06:02,400 --> 01:06:06,510
that listen are all 80s girls
still drooling over him from

1079
01:06:06,510 --> 01:06:09,570
MTV, which by the way I don't
believe is true.

1080
01:06:11,429 --> 01:06:13,979
I don't think so either.
Although it is interesting to

1081
01:06:13,979 --> 01:06:17,219
point out that my wife and I
just had a cappucino here in in

1082
01:06:17,219 --> 01:06:22,289
town and we were walking around
and I'm happy to report that not

1083
01:06:22,289 --> 01:06:27,299
just my hair style, but also my
clothing is after 25 years is

1084
01:06:27,299 --> 01:06:32,819
back in fashion. Yeah. It
happened finally Yeah. Why

1085
01:06:32,820 --> 01:06:37,500
should I even a clock stopped
clock is it's correct twice a

1086
01:06:37,500 --> 01:06:37,860
day.

1087
01:06:38,639 --> 01:06:42,059
All the girls are dressed like
slutty Madonna clones from the

1088
01:06:42,059 --> 01:06:45,659
80s they've got the you know the
short skirts, the leggings kind

1089
01:06:45,659 --> 01:06:50,099
of the lots of mismatched color
and then the either kind of

1090
01:06:51,029 --> 01:06:54,779
skincare blonde, blonde and
black or kind of a yellowish

1091
01:06:54,779 --> 01:06:56,969
blonde it's back in style. I'm

1092
01:06:56,969 --> 01:07:00,419
very, very happy about it, if
you want to call it style. So

1093
01:07:00,419 --> 01:07:01,619
where this is all going

1094
01:07:03,990 --> 01:07:09,330
nice little piece a little
interview with what's the guy's

1095
01:07:09,330 --> 01:07:13,800
that guy is from the UN
financial panel. The interview

1096
01:07:13,800 --> 01:07:15,360
was pretty funny. I think you'll
enjoy listening

1097
01:07:15,360 --> 01:07:18,390
to the Reuters 2009 funds summit
in Luxembourg.

1098
01:07:19,230 --> 01:07:24,630
Did you say fun summit or fun?
It's a fun summit everybody

1099
01:07:25,530 --> 01:07:27,090
having a bottom Luxenberg

1100
01:07:27,360 --> 01:07:30,600
Welcome to the Reuters 2009 Fun
summit in Luxembourg

1101
01:07:31,889 --> 01:07:37,619
doesn't sound like you saying
fun. Yeah, you saying fun. It's

1102
01:07:37,619 --> 01:07:39,539
so fun to talk about money.

1103
01:07:39,569 --> 01:07:42,479
Hello, and welcome to the
Reuters 2009 funds summit in

1104
01:07:42,479 --> 01:07:46,739
Luxembourg. Ruben Ramirez.
Joining us today is Prasad,

1105
01:07:46,769 --> 01:07:49,229
Chairman of intelligence
capital. Well, what's

1106
01:07:49,230 --> 01:07:50,310
intelligence capital?

1107
01:07:51,090 --> 01:07:52,050
I don't know. Well, he's

1108
01:07:52,050 --> 01:07:52,680
the chairman

1109
01:07:53,070 --> 01:07:56,220
of the knotch. Thank you so much
for joining us. Thank you, the

1110
01:07:56,220 --> 01:07:59,160
UN Commission of experts on
financial reform of which you

1111
01:07:59,160 --> 01:07:59,970
are a member

1112
01:08:00,000 --> 01:08:02,730
and by the way, so this is
another panel very much like the

1113
01:08:02,730 --> 01:08:05,280
IPCC which brought you climate
change

1114
01:08:05,310 --> 01:08:07,920
set to release a set of
recommendations this coming

1115
01:08:07,920 --> 01:08:09,840
Monday. Can you talk a little
bit about what those

1116
01:08:09,840 --> 01:08:11,760
recommendations are likely to
include?

1117
01:08:12,330 --> 01:08:15,780
One of our main recommendations
is that now is the moment to

1118
01:08:15,780 --> 01:08:19,980
think seriously about a new
global reserve currency.

1119
01:08:20,189 --> 01:08:20,939
Bingo.

1120
01:08:21,060 --> 01:08:26,160
Oh, please. This is your this I
can see this coming down

1121
01:08:26,160 --> 01:08:30,480
Broadway. This is it baby. This
is where it's done. So let me

1122
01:08:30,480 --> 01:08:34,170
make the notes. You're on the
Adam curry thoughts one global

1123
01:08:34,170 --> 01:08:38,790
currency. So forget the marrow
corolle book currency and a

1124
01:08:38,790 --> 01:08:41,520
global financial police.

1125
01:08:41,610 --> 01:08:46,830
Yes. And and we also pay our
taxes to the state it'll be

1126
01:08:46,830 --> 01:08:49,380
it'll really be bankers, but
we'll let we'll be paying taxes

1127
01:08:49,380 --> 01:08:55,020
in the form of carbon credits
directly to the bankers. That's

1128
01:08:55,020 --> 01:08:55,890
That's my script.

1129
01:08:56,729 --> 01:08:58,919
Yeah. It's never gonna make it.

1130
01:08:59,699 --> 01:09:04,229
Well, okay. All I'm saying is
the UN was very capable of

1131
01:09:04,229 --> 01:09:07,739
putting out a highly
questionable report on what was

1132
01:09:07,739 --> 01:09:10,319
known as global warming now
climate change that has been

1133
01:09:10,349 --> 01:09:12,149
adopted by

1134
01:09:12,209 --> 01:09:14,939
that it's because of Al Gore.
Right? So all you need is an

1135
01:09:14,939 --> 01:09:18,059
average of the money has managed
to make this happen. Who's going

1136
01:09:18,059 --> 01:09:19,949
to be selling this to anybody?

1137
01:09:21,840 --> 01:09:29,400
I think people like Gordon
Brown. People like stooge. How

1138
01:09:29,400 --> 01:09:31,770
about Obama will sell it when
it's time?

1139
01:09:32,369 --> 01:09:36,749
I don't know. I think it'd be
too late by then. Too late.

1140
01:09:36,749 --> 01:09:39,119
We'll see. Okay, we'll just let
it well we'll play it out. I

1141
01:09:39,119 --> 01:09:41,369
mean, I don't mind watching this
this thing unfold why?

1142
01:09:41,670 --> 01:09:44,340
Why do you fight me on these? I
mean, you can have a difference

1143
01:09:44,340 --> 01:09:47,460
of opinion but you you give me
absolutely you know what someone

1144
01:09:47,460 --> 01:09:51,180
pointed out to me in an email
private email one of your fans

1145
01:09:51,180 --> 01:09:57,600
No, no even said, I'm not really
a fan. But in all honesty, let

1146
01:09:57,600 --> 01:10:02,610
me be clear, and listen I
believe John Dvorak could be a

1147
01:10:02,610 --> 01:10:06,570
disinformation shill because all
he does is say uz Bucha Oh, here

1148
01:10:06,570 --> 01:10:10,830
we go again and you never have
any. I'm playing your clip of a

1149
01:10:10,830 --> 01:10:15,030
UN guy that hey, not just any
guy. He's the head of

1150
01:10:15,060 --> 01:10:18,990
intellectual capital, whatever
he just said, and he's saying,

1151
01:10:18,990 --> 01:10:23,940
hey, it's time for for new
dinero is baby. And then you do

1152
01:10:23,970 --> 01:10:27,840
but you discredited but you have
nothing to back it up. And I

1153
01:10:27,840 --> 01:10:29,190
have to say, though I

1154
01:10:29,190 --> 01:10:31,140
discret? No, I'm not
discrediting the fact that

1155
01:10:31,140 --> 01:10:34,410
they're trying to do this. And
the Russians want to do it, too.

1156
01:10:34,410 --> 01:10:36,720
I mean, there was some
commentary recently by Putin,

1157
01:10:36,990 --> 01:10:39,450
who says that they've maybe the
Russians should be the leaders

1158
01:10:39,450 --> 01:10:42,150
of this new currency. They
weren't world currency might as

1159
01:10:42,150 --> 01:10:46,020
well be with you, by the way,
with this one currency for they

1160
01:10:46,020 --> 01:10:49,740
just like making a mess. The
Euro nicely.

1161
01:10:49,739 --> 01:10:52,859
That's it's a fantastic
experiment, they really screwed

1162
01:10:52,859 --> 01:10:56,009
up Europe, let's screw up the
whole world. Come on everybody.

1163
01:10:56,009 --> 01:10:56,159
That's

1164
01:10:56,160 --> 01:10:59,040
why I'm what I'm saying is not
that I'm going to try to do this

1165
01:10:59,040 --> 01:11:01,770
or not try to do this. What I'm
saying is that they're not going

1166
01:11:01,770 --> 01:11:02,610
to manage it.

1167
01:11:03,240 --> 01:11:05,370
Well, but that's the whole
point. They don't want to manage

1168
01:11:05,370 --> 01:11:08,520
it. They just want the
simplicity of having it so they

1169
01:11:08,520 --> 01:11:11,160
can continue to make billions
and trillions. And now what I

1170
01:11:11,160 --> 01:11:13,680
mean is they're not going to
manage to even get that far.

1171
01:11:13,710 --> 01:11:16,470
Yes, they will, John, they will,
because they will find an Al

1172
01:11:16,470 --> 01:11:20,010
Gore, it might even be Al Gore,
who's going to say oh, if we

1173
01:11:20,040 --> 01:11:22,110
you're going to make a movie,
and the polar bear is going to

1174
01:11:22,110 --> 01:11:22,920
be animated,

1175
01:11:24,270 --> 01:11:27,090
or have a global currency, we're
going to die.

1176
01:11:29,430 --> 01:11:33,420
This is how gullible we've
become as masses. Of course, of

1177
01:11:33,420 --> 01:11:35,820
course, they have that power.
They're out there saying, hey,

1178
01:11:35,940 --> 01:11:39,210
you know, we're not hiding the
fact that we're creating 60,000

1179
01:11:39,210 --> 01:11:43,260
people in the UK who are going
to spy on you and report on you.

1180
01:11:43,770 --> 01:11:46,080
Quit we're just doing it out in
the open because you people are

1181
01:11:46,080 --> 01:11:51,450
so foolish. You just buy it. No.
So I

1182
01:11:51,689 --> 01:11:53,879
want to play the rest of the
clip, or was that all there is?

1183
01:11:53,909 --> 01:11:57,119
No, there's plenty. Put it back
on. Okay.

1184
01:11:57,810 --> 01:12:01,320
A shared reserve currency. The
Americans have complained

1185
01:12:01,320 --> 01:12:05,550
bitterly about status of being
the world's having the world's

1186
01:12:05,550 --> 01:12:07,230
reserve currency. The ball was

1187
01:12:07,230 --> 01:12:08,790
complaining bitterly.

1188
01:12:09,180 --> 01:12:11,730
I hated that we're the world's
reserve currency John

1189
01:12:13,529 --> 01:12:15,839
is complaining bitterly
specifically

1190
01:12:21,000 --> 01:12:26,700
so this guy is just full of crap
is what you're saying. No, this

1191
01:12:26,700 --> 01:12:28,440
that's what you're saying by
playing it you know

1192
01:12:28,439 --> 01:12:31,349
what I'm saying is here's how
that's what I'm saying. Here's

1193
01:12:31,349 --> 01:12:34,079
how here's how it works. You
just go out there you tell some

1194
01:12:34,079 --> 01:12:38,219
lies. And then you get some
charismatic guy to come in. And

1195
01:12:38,699 --> 01:12:43,499
you know to basically sell the
idea.

1196
01:12:44,040 --> 01:12:47,430
I have it I have who it's going
to be who this would be a

1197
01:12:47,430 --> 01:12:55,680
switcheroo. John McCain. Can you
see the fractal? Yeah.

1198
01:12:57,390 --> 01:13:00,360
Yeah, I can see the fractal.

1199
01:13:04,110 --> 01:13:07,020
Right. We'll see if he ever says
anything. They will know. You

1200
01:13:07,020 --> 01:13:09,990
know, something's up. So this
guy sounds like it. Who is this

1201
01:13:09,990 --> 01:13:12,270
guy? What is his name? Again?
Intellectual Capital. Never

1202
01:13:12,270 --> 01:13:14,400
heard of it. What he did go back
and who is this?

1203
01:13:14,430 --> 01:13:18,180
Okay, hold on a second. I'm
Alcor and I hate being the

1204
01:13:18,180 --> 01:13:22,890
global reserve currency. There
you have it. Al Gore is out

1205
01:13:22,890 --> 01:13:23,130
there.

1206
01:13:23,160 --> 01:13:26,730
Hello, and welcome to the
Reuters 2009 funds. Oxenberg

1207
01:13:26,970 --> 01:13:30,840
Rubin Ramirez. Joining us today
is Avinash Prasad, Chairman of

1208
01:13:30,840 --> 01:13:32,040
intelligence capital.

1209
01:13:32,670 --> 01:13:35,370
Bobby nice Prasad, Chairman of
intelligence capital.

1210
01:13:35,580 --> 01:13:37,650
I'd be nosh. Meanwhile, I'll
play

1211
01:13:37,650 --> 01:13:38,910
a verse. While you're looking

1212
01:13:38,910 --> 01:13:42,330
at a new global reserve
currency, a shared reserve

1213
01:13:42,330 --> 01:13:46,710
currency. The Americans have
complained bitterly about their

1214
01:13:46,740 --> 01:13:49,560
status as being the world's
having the world's reserve. We

1215
01:13:49,560 --> 01:13:52,890
are not your ally our world
wants to save. They're forced to

1216
01:13:52,890 --> 01:13:55,530
have a deficit. I think they
complain a little bit too much

1217
01:13:55,530 --> 01:13:58,110
about that. But if they worried
about that, the rest of the road

1218
01:13:58,110 --> 01:14:00,870
aren't very happy about the
dollar being the world's reserve

1219
01:14:00,870 --> 01:14:03,570
currency either. So now's the
moment to think about new

1220
01:14:03,570 --> 01:14:04,290
arrangements.

1221
01:14:04,319 --> 01:14:08,489
This guy is totally on duty.
He's reading. He's programmed.

1222
01:14:09,269 --> 01:14:11,129
He's absolutely just listened to
it's flowing

1223
01:14:11,130 --> 01:14:14,370
out of it, we could have a
shared global reserve currency.

1224
01:14:14,400 --> 01:14:14,490
All

1225
01:14:14,490 --> 01:14:17,130
right, get to the good. So what
are the implications of that?

1226
01:14:17,910 --> 01:14:19,200
I think the principal,

1227
01:14:19,740 --> 01:14:22,110
I haven't seen the whole clip,
but how much the bet he brings

1228
01:14:22,110 --> 01:14:24,090
in carbon emissions.

1229
01:14:26,310 --> 01:14:30,360
Take the best is a global
imbalance problem. The when part

1230
01:14:30,360 --> 01:14:33,600
of the world wants to save more
than it did before. This won't

1231
01:14:33,600 --> 01:14:37,320
lead to a concentration of
assets in one place, but more

1232
01:14:37,320 --> 01:14:40,080
spread around the world. It's
good for those people who've got

1233
01:14:40,080 --> 01:14:43,140
the savings, their assets are
diversified. And it's good for

1234
01:14:43,140 --> 01:14:45,480
those people who where the
money's flowing,

1235
01:14:46,020 --> 01:14:49,740
given the current economic
environment, the Madoff scandal

1236
01:14:49,740 --> 01:14:53,160
that we've seen the investors
lack of confidence in the

1237
01:14:53,160 --> 01:14:57,150
system. What sort of changes are
we likely to see in the

1238
01:14:57,150 --> 01:14:58,710
regulatory environment?

1239
01:14:59,490 --> 01:15:03,630
I think this crisis is going to
have a, a long lasting impact on

1240
01:15:03,660 --> 01:15:07,860
finance, financial regulation,
financial institutions, probably

1241
01:15:07,860 --> 01:15:10,410
going to cast its shadow over
the next 50 years.

1242
01:15:10,439 --> 01:15:13,169
50 years. Geez.

1243
01:15:14,219 --> 01:15:16,589
In financial regulation, we're
going to place a lot more

1244
01:15:16,589 --> 01:15:21,719
emphasis on systemic risks,
whilst the the public and the

1245
01:15:21,719 --> 01:15:25,289
politicians like to talk about
issues of fraud, actually, what

1246
01:15:25,289 --> 01:15:30,509
really went on was a fundamental
failure of domestic regulation.

1247
01:15:30,869 --> 01:15:35,459
And ignoring the economic cycle,
this was a major error. And I

1248
01:15:35,459 --> 01:15:38,189
think regulators have understood
that and

1249
01:15:38,729 --> 01:15:40,829
now it's going to happen is
there's gonna be no financial

1250
01:15:40,829 --> 01:15:43,679
markets left, they're just gonna
just gonna be completely dead.

1251
01:15:45,299 --> 01:15:48,569
If, or at least the reason that
the shadow banking system but

1252
01:15:48,569 --> 01:15:49,649
the real banking system

1253
01:15:50,340 --> 01:15:54,150
at a number of ways in which
regulation can be sensitive to

1254
01:15:54,150 --> 01:15:56,430
the booms, as well as the busts

1255
01:15:56,700 --> 01:15:59,490
of financial hubs like
Luxembourg have a

1256
01:16:00,210 --> 01:16:03,900
board of him. IT guy is an
idiot. Yeah, never heard him. I

1257
01:16:03,900 --> 01:16:06,840
can't find him on the web.
Because it'd be nice if I could

1258
01:16:06,840 --> 01:16:07,980
spell his name.

1259
01:16:08,520 --> 01:16:15,420
Let me see if I have. I might
have a link here. Yes, I have a

1260
01:16:16,260 --> 01:16:23,100
yeah, here you go. Oops. Didn't
say his name there.

1261
01:16:24,420 --> 01:16:25,290
Give me see.

1262
01:16:26,910 --> 01:16:33,570
Maybe not. Yeah, for sound P E.
R. S. AUD may go? Well, so it

1263
01:16:33,570 --> 01:16:36,930
seems like a couple of things
are taking place. And bear in

1264
01:16:36,930 --> 01:16:39,870
mind that along with that
there's also the European

1265
01:16:39,870 --> 01:16:46,590
Commission to deal with. There's
a there's a vote scheduled for

1266
01:16:46,590 --> 01:16:50,160
June for European Commission or
European Commission. That's not

1267
01:16:50,160 --> 01:16:53,640
like a public vote, I don't
think I think those people are

1268
01:16:53,640 --> 01:16:58,620
just installed. And then of
course, we have to elect a new

1269
01:16:58,620 --> 01:17:02,520
president. But this can't happen
until the Lisbon treaty is

1270
01:17:02,520 --> 01:17:07,260
signed. And there's even talk
now of moving the commissioner

1271
01:17:07,260 --> 01:17:12,300
vote up until the the proposed
October 2 referendum in Ireland

1272
01:17:12,300 --> 01:17:15,450
which of course is exactly why
President Obama was sucking up

1273
01:17:15,450 --> 01:17:20,010
to the Prime Minister, the prime
A the Prime Minister of Ireland,

1274
01:17:20,460 --> 01:17:24,870
because they need they need the
legal document in hand to

1275
01:17:24,870 --> 01:17:29,070
completely to completely enslave
the Europeans.

1276
01:17:32,880 --> 01:17:35,880
You know, finding anything
related related to this joker is

1277
01:17:35,880 --> 01:17:39,870
pretty unusual. I've had to go
three pages deep. I found some

1278
01:17:39,870 --> 01:17:45,240
thing has to do with Morgan
Stanley. Morgan Stanley and

1279
01:17:45,240 --> 01:17:47,790
Citigroup to form industry
leading wealth management

1280
01:17:47,790 --> 01:17:51,270
business through joint ventures
somehow this guy's in the that

1281
01:17:52,830 --> 01:17:55,830
releases in this article. Yeah,
I'll look him up later. It

1282
01:17:55,830 --> 01:17:56,790
sounds like a phony

1283
01:17:56,850 --> 01:18:02,310
that I'm reading through that.
There's a an abbreviated version

1284
01:18:02,310 --> 01:18:08,100
of that Austrian magazine about
the the drugs director from the

1285
01:18:08,100 --> 01:18:13,200
UN and the International Herald
Tribune. This is great. He says

1286
01:18:13,200 --> 01:18:16,650
in many instances, drug money is
currently the only liquid

1287
01:18:16,650 --> 01:18:23,910
investment capital. The United
Nations Office on Drugs and

1288
01:18:23,910 --> 01:18:26,970
Crime have found evidence that
interbank loans were funded by

1289
01:18:26,970 --> 01:18:30,330
money that originated from drug
trade and other illegal

1290
01:18:30,330 --> 01:18:34,770
activities. Hey, no kidding.
This is this. So here's here is

1291
01:18:34,800 --> 01:18:40,710
more my win called proof. But
here is more support. From my I

1292
01:18:40,710 --> 01:18:45,780
think my very eloquent assertion
that the Afghan war is to

1293
01:18:45,780 --> 01:18:49,890
produce drugs part of the $320
billion trade, because that

1294
01:18:49,890 --> 01:18:55,710
money is flow is essentially
flows through the interbank I

1295
01:18:55,740 --> 01:18:58,320
guess that's that's that's
probably kind of a shadow

1296
01:18:58,320 --> 01:19:00,960
banking system that flows into
publicly listed companies

1297
01:19:00,960 --> 01:19:01,770
through banks.

1298
01:19:05,250 --> 01:19:07,680
Well, I'm not going to argue
that point on the on the

1299
01:19:08,670 --> 01:19:12,180
drugs, and says there are signs
that some banks were actually

1300
01:19:12,180 --> 01:19:13,680
rescued in this way.

1301
01:19:15,630 --> 01:19:18,030
Well, you know, I think your guy
down the streets got it, you

1302
01:19:18,030 --> 01:19:18,870
know, got it, right.

1303
01:19:19,979 --> 01:19:26,159
The Afghan store guy? Yeah. I
gotta find out his name. I'll

1304
01:19:26,159 --> 01:19:26,819
ask him next. I

1305
01:19:26,820 --> 01:19:29,670
use him as a resource. Well,
let's,

1306
01:19:29,700 --> 01:19:33,510
let's write up some questions.
All right, some some really good

1307
01:19:33,510 --> 01:19:36,180
ones that you can that you can
kind of go into.

1308
01:19:37,050 --> 01:19:39,540
Alright, well, they're asking
about the Taliban and, you know,

1309
01:19:39,540 --> 01:19:42,810
that kind of thing. Because he,
I do we're aware of bin Laden,

1310
01:19:42,810 --> 01:19:43,530
he probably know.

1311
01:19:45,990 --> 01:19:50,040
Where's Bin Laden? I think I
have to record this. I don't

1312
01:19:50,040 --> 01:19:52,170
think it'll be good enough. Just
to tell you what he says. I

1313
01:19:52,170 --> 01:19:53,910
think I'll have to get him on
mic.

1314
01:19:54,510 --> 01:19:57,150
Okay, we'll get to get a little
h2 with everything I recommend

1315
01:19:57,150 --> 01:19:59,970
is the zoom h2 for anyone out
there. Let's have a little

1316
01:20:00,000 --> 01:20:03,510
horrible wave recorder. It's
actually quite nice for Mike's

1317
01:20:04,140 --> 01:20:06,510
cheap to make amazing product.

1318
01:20:07,799 --> 01:20:10,769
And then of course, we had
another navigation issue this

1319
01:20:10,769 --> 01:20:11,519
past week.

1320
01:20:11,879 --> 01:20:15,899
Yeah, yeah, there we go again,
too. Yeah, this is making your

1321
01:20:15,899 --> 01:20:17,279
theory look better and better.

1322
01:20:17,519 --> 01:20:20,999
My theory being that the Iridium
satellite network, which is used

1323
01:20:21,179 --> 01:20:26,099
globally for ship navigation,
they have a specific product for

1324
01:20:26,099 --> 01:20:29,039
it. And that whole place is
government issue these days.

1325
01:20:29,219 --> 01:20:34,919
Tonight, you've got there was at
a tanker and wasn't a couple of

1326
01:20:34,919 --> 01:20:38,159
Navy ships or something
submarine submarine and an a

1327
01:20:38,159 --> 01:20:41,789
Navy ship was possible.

1328
01:20:42,870 --> 01:20:43,890
It doesn't make any sense.

1329
01:20:45,540 --> 01:20:48,240
That would you ask that guy to
stop calling you every single

1330
01:20:48,240 --> 01:20:49,350
Sunday show we do.

1331
01:20:54,960 --> 01:20:58,830
Goodbye, I have a sound file
that I saved you. I don't know

1332
01:20:58,830 --> 01:21:02,340
what it means. Yeah, and I don't
know what it is. It says

1333
01:21:02,340 --> 01:21:04,380
Bernanke. 60 minutes, just let
me play the

1334
01:21:04,380 --> 01:21:08,820
movements of a trillion dollars,
doubling the size of the Fed's

1335
01:21:08,820 --> 01:21:12,360
balance sheet is that tax money
that the Fed is spending, it's

1336
01:21:12,360 --> 01:21:17,610
not text money. The banks have
accounts with the Fed much the

1337
01:21:17,610 --> 01:21:20,040
same way that you have an
account in a commercial bank.

1338
01:21:20,070 --> 01:21:23,220
Oh, this is interesting. This is
Bernanke in 60 minutes, where

1339
01:21:23,220 --> 01:21:26,640
he's essentially saying, the
Federal Reserve is a private

1340
01:21:26,640 --> 01:21:30,090
group of bankers. But of course,
no one caught this.

1341
01:21:30,210 --> 01:21:34,440
So to lend to a bank, we simply
use the computer to mark up the

1342
01:21:34,470 --> 01:21:37,500
size of the account that they
have with the Fed. So it's much

1343
01:21:37,500 --> 01:21:40,560
more akin, although not exactly
the same, but it's much more

1344
01:21:40,560 --> 01:21:43,170
akin to printing money than it
is to borrowing. You've been

1345
01:21:43,170 --> 01:21:45,780
printing money. Well,
effectively. And we need to do

1346
01:21:45,780 --> 01:21:49,740
that because our economy is very
weak and inflation is very low.

1347
01:21:53,040 --> 01:21:56,010
Yeah, I remember him saying
that. Why,

1348
01:21:56,040 --> 01:21:58,830
why do we need and unreligious
wrap up the show with this? Why

1349
01:21:58,830 --> 01:22:02,160
do we need someone to raise
inflation?

1350
01:22:03,720 --> 01:22:06,180
Well, because you don't want the
deflation is the worst thing

1351
01:22:06,270 --> 01:22:11,190
imaginable. Why? Well, because
it stops all spending. Imagine

1352
01:22:11,190 --> 01:22:14,250
for example, you're wanting to
buy a house, but you know that

1353
01:22:14,250 --> 01:22:17,130
the house is going to be worth
half as much in a year you're

1354
01:22:17,130 --> 01:22:19,920
not going to buy it or say you
need to buy a new car, but you

1355
01:22:19,920 --> 01:22:22,380
realize that the prices are
going to just keep going down.

1356
01:22:22,380 --> 01:22:24,120
You can get it for a lot cheaper
if you wait,

1357
01:22:24,150 --> 01:22:26,640
stop something. I'm gonna stop
you for a second. Okay, housing

1358
01:22:26,640 --> 01:22:32,160
market, car market got it? Dead.
Okay, what what, but I'm still

1359
01:22:32,160 --> 01:22:33,480
gonna go buy groceries.

1360
01:22:33,930 --> 01:22:36,090
That's all though you're not
gonna buy furniture, you're not

1361
01:22:36,090 --> 01:22:39,240
gonna buy anything, any of
these, these goods and services

1362
01:22:39,240 --> 01:22:41,160
that are going to be cheaper
tomorrow. So you're just going

1363
01:22:41,160 --> 01:22:43,770
to keep putting it off and
putting it off and that it just

1364
01:22:43,830 --> 01:22:47,550
drags in economy right down to
nothing. You want to crank in

1365
01:22:47,550 --> 01:22:50,970
economy? Yep, you start you
create hyperinflation, you have

1366
01:22:50,970 --> 01:22:53,940
to buy now because tomorrow is
going to cost twice as much. So

1367
01:22:53,940 --> 01:22:56,400
you go crazy, just in the other
direction. But is that so you

1368
01:22:56,400 --> 01:22:58,800
want to have a little bit of
inflation which encourages

1369
01:22:58,800 --> 01:23:00,840
people to buy because they know
they're gonna have to spend more

1370
01:23:00,840 --> 01:23:02,610
if they if they if they wait.

1371
01:23:03,719 --> 01:23:06,839
But is that then the definition
of a truly free market?

1372
01:23:08,189 --> 01:23:10,709
Well, it's this market is always
they've always tried to control

1373
01:23:10,709 --> 01:23:11,069
the market.

1374
01:23:11,069 --> 01:23:13,859
I know. I know. I understand
that because that's what the

1375
01:23:13,859 --> 01:23:18,449
central banks do. But do we is
there any Has anyone ever

1376
01:23:18,449 --> 01:23:22,679
experimented by doing that
without someone regular

1377
01:23:22,709 --> 01:23:24,599
manipulating the currency? I
mean,

1378
01:23:24,630 --> 01:23:28,020
yeah, before 1900 There was
always done just it was just did

1379
01:23:28,020 --> 01:23:30,870
its own thing. And it didn't
have it, you know that? Well,

1380
01:23:30,870 --> 01:23:33,690
they should work just to be
honest about it. It's worked

1381
01:23:33,690 --> 01:23:34,290
just as well as

1382
01:23:34,560 --> 01:23:37,320
bullshit alert. You just said
it. To be honest about it. Like

1383
01:23:37,320 --> 01:23:39,930
all the other crap you just told
me in the past hour and a half

1384
01:23:39,930 --> 01:23:44,160
was full of it. I don't I don't
want you to lies now divorce

1385
01:23:44,160 --> 01:23:44,520
tech.

1386
01:23:47,399 --> 01:23:50,279
To be honest about it, it seems
to me as though this system used

1387
01:23:50,279 --> 01:23:53,039
to work. But it used to have
this boom and bust bust cycle

1388
01:23:53,039 --> 01:23:57,239
they say was so extreme that
drove people crazy, like to have

1389
01:23:57,239 --> 01:23:59,609
a little more control. And
that's all they bitch about. If

1390
01:23:59,609 --> 01:24:02,219
you listen to this crazy guy
that was talking this guy from

1391
01:24:02,219 --> 01:24:05,399
intellectual capital, he's going
on and on about controlling the

1392
01:24:05,399 --> 01:24:08,039
boom and bust cycle, you talk
they listen to Obama on Leno,

1393
01:24:08,039 --> 01:24:10,559
oh, we got to control the boom
and bust cycle. That's what they

1394
01:24:10,559 --> 01:24:13,229
always say every time there's a
boom or bust. But what

1395
01:24:13,230 --> 01:24:16,170
they're actually doing is they
actually create the boom and the

1396
01:24:16,170 --> 01:24:16,830
bust.

1397
01:24:17,040 --> 01:24:19,770
While they try to you know, they
keep thinking they can control

1398
01:24:19,800 --> 01:24:20,490
so the only

1399
01:24:20,490 --> 01:24:26,850
thing that the Fed chairman has
to do is to equalize the boom

1400
01:24:26,850 --> 01:24:30,000
and bust. That's that's
basically his job. So

1401
01:24:30,149 --> 01:24:32,459
when looks like he didn't do a
very good job yet, but

1402
01:24:32,850 --> 01:24:35,340
this is where this is important
information. This is really good

1403
01:24:35,340 --> 01:24:37,530
job because people don't
understand what this is all

1404
01:24:37,530 --> 01:24:39,720
about. But it's very, very
simple from what I just

1405
01:24:39,720 --> 01:24:45,270
understood from you, that the
Federal Reserve in at the at the

1406
01:24:45,270 --> 01:24:50,280
foundation, its job is when
deflation occurs, to increase

1407
01:24:50,280 --> 01:24:55,050
inflation, to keep the economy
going. And then if too much

1408
01:24:55,050 --> 01:24:59,580
inflation occurs to deflate,
which I guess would be by how to

1409
01:24:59,580 --> 01:25:01,680
do that. Is the lowering of
interest rates?

1410
01:25:03,750 --> 01:25:07,800
No, you, you raise rates raise
rates, right. And that slows

1411
01:25:07,800 --> 01:25:09,900
everything down. And and you
know, the interest rate thing

1412
01:25:09,900 --> 01:25:13,230
was supposed to be the regulator
they figured, and you crank up

1413
01:25:13,230 --> 01:25:15,630
the interest rates to slow
things down and you decrease the

1414
01:25:15,630 --> 01:25:18,240
interest rates to speed things
up. But they got the interest

1415
01:25:18,240 --> 01:25:21,510
rates so low, now they're down
to almost nothing. And they

1416
01:25:21,510 --> 01:25:24,870
can't seem to get the thing
going. And so they have to come

1417
01:25:24,870 --> 01:25:27,030
up with some other schemes,
whether it's buying their own

1418
01:25:27,030 --> 01:25:29,580
bond, you know, their own
treasury bonds, or bills or

1419
01:25:29,580 --> 01:25:30,630
their treasury, but it's

1420
01:25:30,630 --> 01:25:33,900
still it's still all based on
inflation and deflation. That's

1421
01:25:33,900 --> 01:25:34,770
the end. Yes, yeah.

1422
01:25:34,769 --> 01:25:37,769
And you want to have a modest
amount of inflation. And that's

1423
01:25:37,769 --> 01:25:39,539
exactly where, you know, we're
not

1424
01:25:39,689 --> 01:25:43,979
because that modest amount of
inflation equals economic

1425
01:25:43,979 --> 01:25:44,429
growth.

1426
01:25:45,060 --> 01:25:47,580
Yeah, because what happens is
people you know, there, you

1427
01:25:47,580 --> 01:25:49,800
don't want people to go crazy.
You know, you don't want

1428
01:25:49,800 --> 01:25:52,500
hyperinflation where you have to
spend all your money instantly

1429
01:25:52,500 --> 01:25:56,010
because it becomes worthless
overnight. That's no good.

1430
01:25:56,040 --> 01:25:59,700
Kind of like when everyone went
crazy with the housing bubble.

1431
01:26:00,960 --> 01:26:05,700
A little bit. Well, you're not
like real crazy, like in Brazil

1432
01:26:05,700 --> 01:26:08,640
or in Germany in the 30s. Where
you know, there were truck you

1433
01:26:08,640 --> 01:26:12,810
know, your money was orange, or
not yet. Now, I know it can

1434
01:26:12,810 --> 01:26:13,200
happen.

1435
01:26:14,340 --> 01:26:17,940
Okay, so but the so and right
now, there's another there's

1436
01:26:17,940 --> 01:26:22,410
another way to inflate or
deflate and that's by putting

1437
01:26:22,410 --> 01:26:25,950
money into circulation or taking
money out themselves.

1438
01:26:27,090 --> 01:26:29,280
Yeah, usually done with a T bill
mechanism.

1439
01:26:29,310 --> 01:26:33,990
Right. So But now, the Okay,
it's a fractal John, I've just

1440
01:26:33,990 --> 01:26:36,510
suddenly just figured it out. If
you took a twig and you're

1441
01:26:36,510 --> 01:26:42,990
holding the twig and and the
twig has some inherent motion

1442
01:26:42,990 --> 01:26:46,050
and you're trying to combat that
so you know, it moves up you

1443
01:26:46,050 --> 01:26:49,560
move it down, and then when you
move it down and moves up again,

1444
01:26:49,560 --> 01:26:52,710
you push it back down, the end
of that twig is going to be

1445
01:26:52,710 --> 01:26:55,920
flying up and down like nobody's
business like you're whipping a

1446
01:26:55,920 --> 01:27:01,110
fishing rod around. And
eventually that just snaps so I

1447
01:27:01,110 --> 01:27:03,900
don't think it can work ever it
seems like physically impossible

1448
01:27:03,900 --> 01:27:06,330
almost does that make sense? No.

1449
01:27:13,470 --> 01:27:16,920
Right, ladies and gentlemen is
an official an official buzzkill

1450
01:27:16,920 --> 01:27:23,820
moments Jade Goody died this
morning.

1451
01:27:24,899 --> 01:27:26,999
The guy the record store guy.
No,

1452
01:27:27,000 --> 01:27:30,600
the cervical cancer Big Brother
candidate. It's the top of the

1453
01:27:30,600 --> 01:27:34,200
news all over the United Kingdom
kingdom. Gordon Brown even took

1454
01:27:34,230 --> 01:27:37,470
a moment for a tribute to her.
He can't say anything about

1455
01:27:37,470 --> 01:27:40,620
people who are living on the
streets. But he can take a

1456
01:27:40,620 --> 01:27:44,640
moment to and of course there's
a link in the show notes for

1457
01:27:44,640 --> 01:27:48,060
today's program all the linkage
and or the jumping on it now.

1458
01:27:48,090 --> 01:27:52,140
Boom. The body's not even cold
yet. You got to get your shot.

1459
01:27:52,590 --> 01:27:54,030
Don't be like Jade.

1460
01:27:55,080 --> 01:27:59,190
All she died of cervical cancer.
Yeah. Oh, that's right. This is

1461
01:27:59,190 --> 01:28:02,190
a story that's been developing
over there. Yes. Yeah. And it's

1462
01:28:02,190 --> 01:28:05,160
all part of a scheme to maybe
she's not even dead. I hate to

1463
01:28:05,160 --> 01:28:06,060
say it's horrible.

1464
01:28:06,060 --> 01:28:09,060
That is now she looked like she
was really dying. John. That's

1465
01:28:09,060 --> 01:28:09,480
okay.

1466
01:28:09,480 --> 01:28:12,900
No, I'm sorry. For being
tasteless.

1467
01:28:12,930 --> 01:28:15,330
No, I know what you mean. But at
the end of the day, you have to

1468
01:28:15,330 --> 01:28:19,320
be honest. Unlike everything
else we say on the show. It's

1469
01:28:19,320 --> 01:28:20,550
totally possible.

1470
01:28:22,260 --> 01:28:26,850
Possible. I still think that guy
from MCI was heard the Enron guy

1471
01:28:26,850 --> 01:28:27,720
still floating around.

1472
01:28:27,750 --> 01:28:30,990
Oh, Ken Lay Yeah, no. I'm there
with you. Well, we're still

1473
01:28:30,990 --> 01:28:32,910
keeping our eye on made off. You
know, you never know what's

1474
01:28:32,910 --> 01:28:34,770
gonna happen with him. Yeah, I

1475
01:28:34,770 --> 01:28:38,010
got to think about him. No, he's
70. And he's must be under some

1476
01:28:38,010 --> 01:28:39,090
stress. I would think

1477
01:28:40,979 --> 01:28:44,159
Patricia had a 78 year old
guide, tap dancing on her show.

1478
01:28:45,059 --> 01:28:49,829
Oh, he wouldn't know he was a he
was like really, really good.

1479
01:28:50,190 --> 01:28:52,500
Hey, we're gonna do the show a
different time next week. And by

1480
01:28:52,500 --> 01:28:55,530
the way, I want everyone to do
go to divorce.org/in A and

1481
01:28:55,530 --> 01:28:57,660
please contribute to the show we
need. We need some

1482
01:28:57,990 --> 01:29:00,900
Oh, we haven't talked about the
library Winery at all. Shame

1483
01:29:00,900 --> 01:29:01,440
knows

1484
01:29:01,500 --> 01:29:03,600
well, we you know, some people
complain we're doing it too

1485
01:29:03,600 --> 01:29:07,230
much. But I think it's something
divorced that org slash in a you

1486
01:29:07,230 --> 01:29:12,570
know, you can contribute. We got
a lot of six D $6.60. And if

1487
01:29:12,570 --> 01:29:14,670
somebody wants to get you a lot
of publicity for themselves,

1488
01:29:14,670 --> 01:29:18,810
we'll give them a send off if
they do $666 I don't know why

1489
01:29:18,810 --> 01:29:20,820
everyone said they want some
mark of the beast, but you know,

1490
01:29:20,820 --> 01:29:21,420
it can happen.

1491
01:29:22,680 --> 01:29:29,160
No agenda library.com or divorce
act.org/and. A.

1492
01:29:30,030 --> 01:29:35,310
Right. It would be appreciated.
And we'll have a call out for

1493
01:29:35,310 --> 01:29:38,070
people who give us a 50 or $100
in the next week or two.

1494
01:29:39,300 --> 01:29:42,750
And if you can't contribute to
monetary funds, and we're and

1495
01:29:42,930 --> 01:29:47,010
we're only asking for two bucks
a month on a donation

1496
01:29:47,010 --> 01:29:51,960
subscription. If you can't
contribute then you just tell

1497
01:29:51,960 --> 01:29:53,700
someone to listen to the show.
That's fine.

1498
01:29:53,850 --> 01:29:57,090
Give him a copy. Make a copy for
him make a Bernard CD. Yeah,

1499
01:29:57,090 --> 01:29:57,300
that's

1500
01:29:57,300 --> 01:30:01,350
a good idea. That's a good idea.
Please And you know, and use

1501
01:30:01,350 --> 01:30:04,200
pieces from our show there's,
you know, you have under

1502
01:30:04,200 --> 01:30:10,200
Creative Commons, I guess. As
long as it's non commercial. I

1503
01:30:10,200 --> 01:30:12,090
don't care. Well, actually, I
don't give a shit either let it

1504
01:30:12,090 --> 01:30:14,190
be commercial, please go make
some money off of this show,

1505
01:30:14,190 --> 01:30:17,790
would you? That's a good idea.
And seriously, the first person

1506
01:30:17,790 --> 01:30:20,460
who creates an iPhone app,
you're gonna make at least 1000

1507
01:30:20,460 --> 01:30:23,790
bucks. I don't know if that's
incentive enough, but you're

1508
01:30:23,790 --> 01:30:27,390
gonna make at least 1000 bucks.
I guarantee high school if you

1509
01:30:27,390 --> 01:30:30,750
if you sell it for 99 cents.
There's at least 1000 people who

1510
01:30:30,750 --> 01:30:33,300
listen to this show with an
iPhone that will want it the

1511
01:30:33,300 --> 01:30:35,580
convenience of having an all in
one.

1512
01:30:37,859 --> 01:30:44,579
app. Yeah, sounds like a winner.
All right, so we're down. We're

1513
01:30:44,579 --> 01:30:46,259
gonna do the show a different
time next week. What's

1514
01:30:46,260 --> 01:30:47,460
the time and how come on

1515
01:30:48,479 --> 01:30:50,639
Wednesday night when you could
get Thursday morning. I mean,

1516
01:30:50,639 --> 01:30:50,909
that was

1517
01:30:50,939 --> 01:30:53,489
Oh, that's right. I'm sorry.
Because I have do you have a

1518
01:30:53,489 --> 01:30:55,019
conflict on Thursday? Or is it
just mine?

1519
01:30:55,800 --> 01:30:59,130
Well, no, I have a conflict of
Wednesday morning because there

1520
01:30:59,130 --> 01:31:04,170
you have the meeting, usually.
And I'm gonna do Wednesday

1521
01:31:04,170 --> 01:31:05,730
night, which would be well,

1522
01:31:05,729 --> 01:31:07,619
how about what how about
Wednesday evening?

1523
01:31:08,100 --> 01:31:09,480
Yes. What I mean, yeah. Okay.

1524
01:31:09,510 --> 01:31:13,080
So then we'll do it after. Can
you can you just go back home

1525
01:31:13,530 --> 01:31:14,280
after the meeting?

1526
01:31:15,359 --> 01:31:17,009
I know I have to do cranky
geeks.

1527
01:31:17,370 --> 01:31:19,950
Okay, what time What time will
you actually be done that I

1528
01:31:19,950 --> 01:31:23,010
wouldn't get home until three.
You know what, you know, just

1529
01:31:23,040 --> 01:31:26,370
pay attention to our tweets. And
you'll see when the show was on.

1530
01:31:27,630 --> 01:31:28,830
But it won't be Thursday.

1531
01:31:30,060 --> 01:31:35,010
Not Thursday morning. Somehow
we're gonna get a show. Another

1532
01:31:35,010 --> 01:31:35,460
showdown.

1533
01:31:35,490 --> 01:31:37,830
Maybe? Well, maybe I could do it
after that whole thing on third.

1534
01:31:37,860 --> 01:31:43,380
Well, we can do a clip show. No,
no, no, don't say evergreen

1535
01:31:43,380 --> 01:31:50,190
either. He's Buzzkill. I'm
crackpot. And I'm Adam curry

1536
01:31:50,220 --> 01:31:53,340
here in southwest London in the
crock pot command center and get

1537
01:31:53,340 --> 01:31:54,210
mo nation East.

1538
01:31:54,750 --> 01:31:58,290
And the buzzkill bunker is John
C. Dvorak located here in

1539
01:31:58,290 --> 01:31:59,790
Northern Silicon Valley. We'll
talk

1540
01:31:59,790 --> 01:32:03,600
to you again Wednesday,
Thursday, whatever soon. Right

1541
01:32:03,600 --> 01:32:03,930
here

1542
01:32:04,080 --> 01:32:04,950
on no agenda