1 00:00:01,890 --> 00:00:05,160 It is time once again for that programme the one you recognise 2 00:00:05,160 --> 00:00:08,160 immediately because it has no music, no commercials, no 3 00:00:08,160 --> 00:00:12,360 jingles, no apparent talent and certainly no agenda coming to 4 00:00:12,360 --> 00:00:15,420 you from the curry manor in the affluent suburb of Surrey known 5 00:00:15,420 --> 00:00:16,920 as Guilford. I'm Adam curry. 6 00:00:17,850 --> 00:00:21,450 And I'm John C. Dvorak coming to you from the less than affluent 7 00:00:21,450 --> 00:00:24,090 suburbs of San Francisco, California in Northern 8 00:00:24,090 --> 00:00:26,670 California and John C. Dvorak, like I said a minute ago 9 00:00:26,790 --> 00:00:31,140 at divorce.org/blog. Hey, my friend, how you doing? Okay. 10 00:00:31,260 --> 00:00:35,610 Yeah. Hey, I think I have to set up even more stable today. I'm 11 00:00:35,610 --> 00:00:36,990 happy. Yeah, you 12 00:00:36,990 --> 00:00:39,750 told me you blew it up. That's why it's more stable. Of course, 13 00:00:39,780 --> 00:00:41,910 whenever you blow something up, then you can figure out what 14 00:00:41,910 --> 00:00:45,720 needs to be done. I can now even go to like a web page, like a 15 00:00:45,720 --> 00:00:48,840 YouTube page. And, and I can play it and record it. So 16 00:00:49,200 --> 00:00:52,140 anyway, who cares? I'm happy. I'm happy. It's working. 17 00:00:52,590 --> 00:00:54,780 who I thought were gonna do the show earlier. Then I found that 18 00:00:54,780 --> 00:00:56,760 you're out shopping for a suit. 19 00:00:56,880 --> 00:01:00,300 Yeah. No, I wasn't shocked. I said to you, I'm picking up a 20 00:01:00,300 --> 00:01:02,910 suit. Let me tell you what happened. My wife is so smart. 21 00:01:02,910 --> 00:01:05,250 John, as most women are, of course, 22 00:01:06,360 --> 00:01:09,150 in that she got out of the house. Now check it out. So 23 00:01:09,150 --> 00:01:14,220 I came home yesterday afternoon, around one o'clock from the San 24 00:01:14,220 --> 00:01:16,920 Francisco flight would you fly through the night? And I have to 25 00:01:16,920 --> 00:01:20,070 say, I slept a couple hours. So I felt reasonably good. But you 26 00:01:20,070 --> 00:01:23,490 know, basically you you lose a whole night somewhere and you 27 00:01:23,490 --> 00:01:26,850 get pretty tired. And my wife, man, she opened the door and she 28 00:01:26,850 --> 00:01:29,790 looked good. She you know, she dressed up and you know, like 29 00:01:29,790 --> 00:01:34,410 this black outfit that was really, really sexy. And, you 30 00:01:34,410 --> 00:01:38,370 know, so and then she fed me and she gave me tea. And then of 31 00:01:38,370 --> 00:01:42,600 course, she made up for two weeks of me being away. And then 32 00:01:42,600 --> 00:01:44,940 she said, Come on, quick throw on your coat and we're gonna go 33 00:01:44,940 --> 00:01:50,520 buy some suits. Yeah, how can you refuse at that point, right. 34 00:01:50,520 --> 00:01:52,920 It's like, okay, so, 35 00:01:53,819 --> 00:01:56,609 yeah, go ahead. I'm just asking when do you wear a suit? You're 36 00:01:56,609 --> 00:01:58,289 not a suit person? No. 37 00:01:59,100 --> 00:02:02,490 You didn't see it. I wore a suit to Los Angeles. Ron and I went 38 00:02:02,490 --> 00:02:06,060 there for four weeks. The reason why is because I'll buy a suit 39 00:02:06,060 --> 00:02:09,630 and I go up and down in weight very quickly. And you know, not 40 00:02:09,630 --> 00:02:12,990 that you really notice it, but right now I've, I've definitely, 41 00:02:13,170 --> 00:02:17,010 in fact, I lost so much weight that my my wedding band slipped 42 00:02:17,010 --> 00:02:23,040 off my finger and is now gone. That kind of sucked. But all of 43 00:02:23,040 --> 00:02:25,620 a sudden, at TED what? Wait, wait, what 44 00:02:25,620 --> 00:02:30,120 kind of a fluctuation are we talking about here? 112. The 115 45 00:02:30,930 --> 00:02:41,220 I go from 40 to just suit. Suit size. Jacket. 42. I was 42. Now 46 00:02:41,220 --> 00:02:51,270 I'm 40. And my pants. My waist is 36. Ha yeah. 47 00:02:51,930 --> 00:02:53,910 All right. What so? So anyway, 48 00:02:53,910 --> 00:02:56,610 so she had done all this pre production she had already 49 00:02:56,610 --> 00:02:59,370 picked out what she wanted. She'd already Ted Baker's Where 50 00:02:59,790 --> 00:03:03,180 is where she found something. And she had already worked with 51 00:03:03,180 --> 00:03:05,730 these guys during the week, you know, measuring and thinking 52 00:03:05,730 --> 00:03:09,060 about what we're doing right. And so I walk in and literally, 53 00:03:09,150 --> 00:03:11,430 I was like, try this one on, try this one on. Okay, we're gonna 54 00:03:11,430 --> 00:03:16,830 go from a 42 to a 40 large 40 long, I'm sorry. And boom, and 55 00:03:16,860 --> 00:03:19,440 all that had to be done was just the seen need to be you know, 56 00:03:19,470 --> 00:03:21,870 obviously on the pants because you know, they they come at us 57 00:03:21,870 --> 00:03:22,770 and you know, full you don't 58 00:03:22,770 --> 00:03:26,100 get 40 extra long because they do have an extra low. No, I 59 00:03:26,100 --> 00:03:28,380 don't need it. I needed the long was just perfect. So it was 60 00:03:28,380 --> 00:03:31,260 literally off the rack member I was complaining that that was so 61 00:03:31,260 --> 00:03:36,030 hard in I was so happy and all they had to do is just take the 62 00:03:36,060 --> 00:03:38,520 new the scenes on the pants and so that's why I picked it up. 63 00:03:38,520 --> 00:03:40,530 But you know, Patricia was so smart, you know, get him while 64 00:03:40,530 --> 00:03:45,360 he's vulnerable. And schlep me out to town. Go buy suits? 65 00:03:45,960 --> 00:03:48,990 Never did. Was there a collar around your neck? Uh, 66 00:03:50,040 --> 00:03:50,880 yeah, thanks. 67 00:03:54,450 --> 00:03:57,000 Hey, by the way, you know, you flew into Heathrow? Are you 68 00:03:57,000 --> 00:03:59,970 familiar with the fact that the that they just opened his 69 00:03:59,970 --> 00:04:03,150 terminal in Beijing. That's the world's largest building. And 70 00:04:03,150 --> 00:04:06,120 it's the size of all the Heathrow terminals thrown 71 00:04:06,120 --> 00:04:08,880 together and was built in less than four years flat. You're 72 00:04:08,880 --> 00:04:12,060 kidding me? They've taken that, at least that much time to build 73 00:04:12,060 --> 00:04:13,650 terminal five in the UK 74 00:04:14,100 --> 00:04:18,420 for years and is the world's largest terminal. It's two miles 75 00:04:18,420 --> 00:04:19,230 long. 76 00:04:19,320 --> 00:04:21,750 It's like Denver. Well, Denver 77 00:04:21,750 --> 00:04:22,980 is not quite that big. 78 00:04:23,610 --> 00:04:25,740 No, it's not two miles long, no way. 79 00:04:26,400 --> 00:04:29,250 But there's a I posted a bunch of videos on the 80 00:04:29,250 --> 00:04:31,860 divorce.org/blog for people who want to check it out. You might 81 00:04:31,860 --> 00:04:35,970 have to look it up by the time you get to it. But the it was 82 00:04:35,970 --> 00:04:39,240 just astonishing. I mean, it's just amazing that they could and 83 00:04:39,240 --> 00:04:41,730 the reason is because I was in China like 12 years ago, and I 84 00:04:41,730 --> 00:04:45,420 was at the old old Beijing airport from the communist era, 85 00:04:45,780 --> 00:04:49,050 which was a horrible place. And then they built a new airport. 86 00:04:49,140 --> 00:04:51,540 Now they're building it and then and then since then they built 87 00:04:51,540 --> 00:04:54,570 another new airport. I mean, these guys are killing us. 88 00:04:54,600 --> 00:04:58,140 What was the airport that opened up? I wasn't Beijing, but it was 89 00:04:58,140 --> 00:05:01,860 in Asia somewhere that from Awan completely failed. Everything 90 00:05:01,860 --> 00:05:02,850 was messed up. I was 91 00:05:03,330 --> 00:05:06,450 Japanese went on the island, it was on some kind of landfill and 92 00:05:06,450 --> 00:05:07,380 it keeps sinking. 93 00:05:07,590 --> 00:05:11,820 Well, it wasn't it wasn't just that the logistics of the same 94 00:05:11,820 --> 00:05:14,370 thing kind of Denver had when they first opened that the bag 95 00:05:14,700 --> 00:05:19,290 was Japan. It could be Japan. Yeah, I don't really recall. No, 96 00:05:19,290 --> 00:05:22,620 I did I was not aware for years seems really frickin fast, man. 97 00:05:23,910 --> 00:05:27,240 Yeah, and it's getting to things gorgeous. Well, reason for a 98 00:05:27,240 --> 00:05:27,600 trip, I 99 00:05:27,600 --> 00:05:28,500 guess road trip. 100 00:05:29,010 --> 00:05:32,550 Let's go. Yes, a man. By the way, I can tell you this much. 101 00:05:32,550 --> 00:05:35,760 You can get a suit in China a lot cheaper than you paid for 102 00:05:35,760 --> 00:05:36,840 that one from Ted Baker. 103 00:05:37,530 --> 00:05:41,220 Was not that expensive. It was very, very inexpensive. Actual, 104 00:05:41,220 --> 00:05:42,930 what's what's inexpensive to you? 105 00:05:43,020 --> 00:05:50,610 I bought two suits, and two shirts for 700 pounds. So about 106 00:05:50,610 --> 00:05:55,290 $1,500 1500 bucks. That is not expensive. I don't care where 107 00:05:55,290 --> 00:05:58,200 you are. That's just not expensive. It's not cheap. No, 108 00:05:58,200 --> 00:06:01,320 it's not cheap. But it's not. You know, it's not like Armani 109 00:06:01,320 --> 00:06:06,030 where you're going to wind up paying four or 5000 pursued. And 110 00:06:06,030 --> 00:06:09,060 you're right. I don't wear suits enough to even justify that to 111 00:06:09,060 --> 00:06:11,970 myself. And I hate it. I hate going shopping. My wife usually 112 00:06:12,270 --> 00:06:15,270 buys stuff brings it home, she keeps the tag on I tried, I have 113 00:06:15,270 --> 00:06:16,980 to do like a fashion night. 114 00:06:17,940 --> 00:06:20,520 That's more work than actually going shopping. I like to shop. 115 00:06:20,520 --> 00:06:22,740 I'm like one of those males who likes to shop. 116 00:06:24,960 --> 00:06:28,200 Well, here's what here's what I get into it, though. So what 117 00:06:28,200 --> 00:06:32,160 I'll do is I will almost come become very flamboyant. You 118 00:06:32,160 --> 00:06:34,440 know, because Patricia makes me Walker, she's down on her knees 119 00:06:34,440 --> 00:06:36,870 with with with the guy, you know, putting the pins in the 120 00:06:36,870 --> 00:06:39,150 pants and making it just the right length of the boots. And 121 00:06:39,150 --> 00:06:42,330 she's really into it. And so I'll sachet back and forth, you 122 00:06:42,330 --> 00:06:45,030 know, I'll do the whole model thing. That's the only way I can 123 00:06:45,030 --> 00:06:48,330 really get through it is to kind of make fun fun of it. And then 124 00:06:48,330 --> 00:06:52,020 it's partially enjoyable. But I'm not. No, I'm not a shopping 125 00:06:52,020 --> 00:06:53,250 guy. I really am. 126 00:06:53,640 --> 00:06:56,250 It's hard you travel. My experience is that when you 127 00:06:56,250 --> 00:07:00,270 travel a lot, and I always am stunned by the amount of 128 00:07:00,660 --> 00:07:04,410 business travellers who don't adopt this policy when you but I 129 00:07:04,410 --> 00:07:07,530 always when I travel, I always rent a car, except in a couple 130 00:07:07,530 --> 00:07:10,020 of the big cities. I don't rent a car in New York City, or 131 00:07:10,020 --> 00:07:14,550 Paris, or London, but I will I'll rent a car in Boston. But 132 00:07:14,550 --> 00:07:18,390 I'll always rent a car and then I hit the road. If I'm not in 133 00:07:18,390 --> 00:07:22,230 meetings. I don't stay at the hotel. And then I one of the 134 00:07:22,230 --> 00:07:24,720 things I do is I go scrounging for things to buy. 135 00:07:27,150 --> 00:07:31,080 Oh, well, I'm done that like that. I mean, but you know, 136 00:07:31,080 --> 00:07:33,720 until I met you, I was also not a guy who really went out to eat 137 00:07:33,810 --> 00:07:35,880 first because I have no one to go out to eat with. 138 00:07:37,530 --> 00:07:39,900 Yeah, that's another thing I tried to do. I you know, I tried 139 00:07:39,900 --> 00:07:43,920 to find it when I'm travelling. I try to get somebody to go hit 140 00:07:43,950 --> 00:07:47,400 one or two of the trendy trendy restaurants or whatever city I'm 141 00:07:47,400 --> 00:07:51,210 in. And I have some pretty good contacts in the in the food 142 00:07:51,210 --> 00:07:54,390 reviewing industry if there's such a thing. And so I can 143 00:07:54,390 --> 00:07:56,760 usually get like, you know, these places and you know, find 144 00:07:56,760 --> 00:08:00,330 out what the places that's going to be written up shortly and I'd 145 00:08:00,330 --> 00:08:02,640 get in there before they get their ratings. So 146 00:08:02,700 --> 00:08:06,660 about that. Maybe we should just talk briefly about our dinner, 147 00:08:07,020 --> 00:08:10,170 which I thought was a great one we had was it Wednesday evening? 148 00:08:11,010 --> 00:08:15,360 Yeah, we went to Rubicon which I haven't been to for a while. And 149 00:08:16,440 --> 00:08:19,320 they used to have a we talked about this week, they used to 150 00:08:19,320 --> 00:08:23,970 have a and by the way, Aruba Khan's quality fluctuates a lot 151 00:08:23,970 --> 00:08:26,010 and I thought that meal was quite good, but I was 152 00:08:26,010 --> 00:08:29,130 disappointed that they don't have their their old wine 153 00:08:29,130 --> 00:08:33,930 sommelier, Larry Stone anymore. And instead they've got some 154 00:08:34,470 --> 00:08:36,390 pretentious character who I didn't was 155 00:08:36,420 --> 00:08:40,680 Yeah, that guy. That guy was kind of kind of dorky he was. He 156 00:08:40,680 --> 00:08:43,110 would have been good for the tourists but definitely not for 157 00:08:43,110 --> 00:08:45,210 a poor professional eaters like us. 158 00:08:46,260 --> 00:08:51,390 Yes, for sure. And I wonder whether it was real knowledge 159 00:08:51,450 --> 00:08:56,250 base is because he didn't seem to respond appropriately to the 160 00:08:56,250 --> 00:08:59,340 things. Yes, one of the things that people should know is when 161 00:08:59,340 --> 00:09:04,170 you go to a, if you want to get into wine you have you know, you 162 00:09:04,170 --> 00:09:06,720 have to understand where the sommeliers are coming from and 163 00:09:06,720 --> 00:09:10,230 you essentially what you do as a customer is you test them with 164 00:09:10,500 --> 00:09:14,880 with knowledge that you have and not just have but are intimate 165 00:09:14,880 --> 00:09:19,890 with it to see what they think or to see how they respond as 166 00:09:19,890 --> 00:09:21,780 kind of a test to kind 167 00:09:21,780 --> 00:09:23,790 of just set a baseline okay, this 168 00:09:23,790 --> 00:09:27,570 is why this guy doesn't know anything right? Right. My 169 00:09:27,570 --> 00:09:32,880 favourite summer yay, ever was a in terms of blowing me away 170 00:09:32,910 --> 00:09:36,990 sommelier is is the wine guy for those wine guy. The wine dude, 171 00:09:37,440 --> 00:09:40,620 wine, the wine guy, the wine waiter and the way you sometimes 172 00:09:40,620 --> 00:09:42,660 have pins and they sometimes have the thing. So remember 173 00:09:42,660 --> 00:09:45,090 officially, some of them have degrees and some of them are 174 00:09:45,090 --> 00:09:48,330 just faking it. But anyway, there's this guy that was a 175 00:09:48,330 --> 00:09:53,850 French wine sommelier at the at the restaurant in New York City 176 00:09:53,850 --> 00:09:58,200 called City Hall. And it was and he was very knowledgeable and 177 00:09:58,200 --> 00:10:01,260 every time in everything I was testing him on He had taught me 178 00:10:01,620 --> 00:10:04,260 who he knew what I was talking about, but he would always beat 179 00:10:04,260 --> 00:10:06,900 me with well if you like that and you'd like this kind of 180 00:10:06,900 --> 00:10:09,630 thing and it would always be something I didn't know. So he 181 00:10:09,810 --> 00:10:13,560 so I had chosen a wine and he says you know if you like that 182 00:10:13,560 --> 00:10:15,810 you should get this and he's just found one that was actually 183 00:10:15,810 --> 00:10:18,270 better and I think it's same price or cheaper have they 184 00:10:18,270 --> 00:10:20,490 done it yet in wines you remember they used to have 185 00:10:20,490 --> 00:10:23,850 perfume where would say if you love Giorgio Armani, you'll love 186 00:10:23,850 --> 00:10:25,800 this. Do they have that inline elements 187 00:10:25,800 --> 00:10:28,710 adapt, but it's all so subjective, that is doesn't 188 00:10:28,710 --> 00:10:32,670 really work. Although I think there are certain styles that 189 00:10:32,670 --> 00:10:35,340 people like some people like to big wines, and some people like 190 00:10:35,340 --> 00:10:38,100 you know, thin, fruity wines or whatever. And I think you can 191 00:10:38,100 --> 00:10:41,100 kind of add some wine lists actually have categorised 192 00:10:41,100 --> 00:10:43,170 instead of like, I don't like the type of wine this I like a 193 00:10:43,170 --> 00:10:46,470 wine list. It just gives me the area. You know, the Bordeaux, 194 00:10:46,470 --> 00:10:48,690 what part you find the wine pretty quickly. The other ones 195 00:10:48,690 --> 00:10:53,580 I've seen these one of this is robust, yet fruity or yes, that 196 00:10:53,610 --> 00:10:55,620 they have a whole bunch of these, you know, 197 00:10:55,650 --> 00:10:57,870 I've worked with guys like that, you know, give me some 198 00:10:57,870 --> 00:10:59,190 information about the wine. 199 00:11:00,870 --> 00:11:04,020 That's why I feel but I think some people like the idea, you 200 00:11:04,020 --> 00:11:06,150 know, people that don't don't know anything anyway. So this 201 00:11:06,150 --> 00:11:09,990 guy top the wine, this guy in France at this French guy, and 202 00:11:09,990 --> 00:11:12,210 he gave me a wine that was just much better than what I was 203 00:11:12,210 --> 00:11:15,180 gonna get. And I was just impressed. So I trusted him 204 00:11:15,180 --> 00:11:17,340 after that. So he comes up at the end of the meal and he says, 205 00:11:17,880 --> 00:11:20,580 Would you like some after dinner drinks? I said, he says what do 206 00:11:20,580 --> 00:11:23,790 you like generally? So I'm a cognac drinker. He says you 207 00:11:23,790 --> 00:11:28,650 don't like Gropper, and this is coming from a French guy. No, 208 00:11:30,030 --> 00:11:33,780 no, sorry. Sorry. It's, it's anyway. So he said I said no, 209 00:11:33,780 --> 00:11:36,840 grappa. It's because my experience with Gropp. But until 210 00:11:36,840 --> 00:11:40,890 then, this was a while ago, it's nasty. It's yeah, it's horrible. 211 00:11:40,890 --> 00:11:46,440 Yeah, it tastes like paint thinner. With oranges, the guy 212 00:11:46,440 --> 00:11:49,620 says to me, Oh, really. He says, Let me give you one. And then 213 00:11:49,620 --> 00:11:53,100 you tell me what you think. And he brought over this astonishing 214 00:11:53,130 --> 00:11:57,060 Corolla. And it actually changed my whole attitude toward it, 215 00:11:57,060 --> 00:12:00,180 because there is there's, unfortunately, there's so many 216 00:12:00,180 --> 00:12:02,490 different ones. But there's, there's like this layer of 217 00:12:02,520 --> 00:12:07,170 extremely delicious Gropp us that it's undeniable how good 218 00:12:07,170 --> 00:12:09,990 they are. And this guy, the fact that he turned me on to it. And 219 00:12:09,990 --> 00:12:12,840 I've since found other places that also have good selections, 220 00:12:12,840 --> 00:12:15,840 including this little place over here in Berkeley, called a colo. 221 00:12:16,350 --> 00:12:19,800 They have a good selection of Grandpas that it just changed my 222 00:12:19,800 --> 00:12:21,960 attitude completely about the paint thinner thing. 223 00:12:21,989 --> 00:12:24,839 So what I like about having dinner with you is you know, 224 00:12:24,839 --> 00:12:27,959 first we kind of decide on what we're going to have and then we 225 00:12:27,959 --> 00:12:30,989 really talk about Okay, well we really tie me i Listen, you talk 226 00:12:30,989 --> 00:12:34,319 and you look at the look at the at the wine menu, and then you 227 00:12:34,319 --> 00:12:36,899 okay, what's going to work with this meal, which is, you know, 228 00:12:36,929 --> 00:12:41,069 obviously the way to do it. And this was outstanding. We 229 00:12:41,069 --> 00:12:43,289 actually we had to we had two drinks, we had wine and then we 230 00:12:43,289 --> 00:12:45,989 had an Armin JACC after that, but the wine What was it again? 231 00:12:45,989 --> 00:12:47,639 Because of course I don't remember it was a 232 00:12:47,670 --> 00:12:53,250 domain ducek One of the 99 combats, and 233 00:12:54,089 --> 00:12:58,949 it was most excellent. I had the baby ribs and it was the 234 00:12:58,949 --> 00:13:00,209 combination was stellar. 235 00:13:01,020 --> 00:13:05,130 Yeah, that was a little expensive, but it was good. The 236 00:13:05,220 --> 00:13:08,580 budget. But now we're talking about on the show that you know 237 00:13:08,580 --> 00:13:11,490 the benefits are obvious. It's a tax write off. 238 00:13:14,250 --> 00:13:18,060 It's done taken care of. I can't wait to explain it during the 239 00:13:18,060 --> 00:13:19,320 audit. I love doing. 240 00:13:19,890 --> 00:13:22,620 This is the show we go to restaurants for this purpose. 241 00:13:23,610 --> 00:13:26,130 We have to start calling the show no agenda, but a little bit 242 00:13:26,130 --> 00:13:29,970 of talk about wine and then we can write it off food and drugs. 243 00:13:30,150 --> 00:13:33,240 And then afterwards what did you have? You had lamb right? 244 00:13:34,020 --> 00:13:36,900 Yeah, the lamb was killer. I have to say it was a nice piece 245 00:13:36,900 --> 00:13:41,130 of lamb. Yeah, it was Oregon grass fed lamb it was an it was 246 00:13:41,130 --> 00:13:44,760 very wet and perfectly cooked. You know they have that that 247 00:13:44,760 --> 00:13:48,060 restaurant at that restaurant is CO owned by Francis Coppola. I 248 00:13:48,060 --> 00:13:52,650 think De Niro and a couple other Italians that just got it and it 249 00:13:52,650 --> 00:13:54,180 was done a long time ago. In fact, there 250 00:13:55,230 --> 00:13:57,720 there's not really an Italian restaurant per se, no, no. 251 00:13:58,650 --> 00:14:04,530 No style, you know, fusion, not fusion, but Mediterranean, 252 00:14:05,460 --> 00:14:08,730 eclectic California kind of thing. And they keep changing 253 00:14:08,730 --> 00:14:11,580 chefs. So that menu changes a little bit but that it's you 254 00:14:11,580 --> 00:14:16,350 know, it's the same name is Coppola is wine company. And he 255 00:14:16,740 --> 00:14:20,310 took the wine steward, apparently, to the wine company 256 00:14:20,310 --> 00:14:24,450 Rubicon up in the Napa Valley, which is where he really puts 257 00:14:24,450 --> 00:14:27,990 most of his efforts nowadays. Which is kind of a 258 00:14:27,990 --> 00:14:29,940 disappointment for the restaurant because this new wine 259 00:14:29,940 --> 00:14:31,410 guy just doesn't seem to have no 260 00:14:31,410 --> 00:14:35,130 no no, I think he'll the the waitress we had I liked very 261 00:14:35,130 --> 00:14:37,170 much. She was from Spain, right? 262 00:14:37,800 --> 00:14:40,470 Yeah, she was very pleasant. They happen to have a good 263 00:14:40,470 --> 00:14:42,150 waitstaff. They're generally 264 00:14:42,180 --> 00:14:44,400 Yeah. And in fact, it was kind of funny because here we are 265 00:14:44,400 --> 00:14:46,650 with What did it cost 300 bucks this bottle of wine I 266 00:14:46,650 --> 00:14:49,530 think. No, no is to 20 to 20 267 00:14:49,740 --> 00:14:53,880 Okay, so we and you know, the the wine dude that are known as 268 00:14:53,880 --> 00:14:57,000 the sommelier, you know, came over and we get that you know, 269 00:14:57,060 --> 00:14:59,040 and it goes to the here's the cork and I love the way you 270 00:14:59,040 --> 00:15:02,550 either like you pick that core cup like, slap it back down, 271 00:15:02,550 --> 00:15:05,070 right? None of this fancy schmancy stuff just okay. It's 272 00:15:05,070 --> 00:15:08,760 not rotten. That's clear. And he had it in. What do you call that 273 00:15:08,760 --> 00:15:09,960 thing that holder? 274 00:15:10,170 --> 00:15:13,710 Oh, we had a cradle cradle, one of these crappy looking things 275 00:15:13,710 --> 00:15:14,850 which I just test and 276 00:15:14,850 --> 00:15:17,400 we'd like take it out of the cradle, man, it's gonna fall 277 00:15:17,400 --> 00:15:19,620 over in the cradle, just put it on the table. 278 00:15:20,070 --> 00:15:22,410 Well, the thing is about you know, I've always found the 279 00:15:22,410 --> 00:15:25,980 pretence of this of the whole scene a little annoying in 280 00:15:25,980 --> 00:15:28,920 restaurants that aren't that don't really have the chops for 281 00:15:28,920 --> 00:15:31,620 it. I mean, this place has got this is typical in California 282 00:15:31,620 --> 00:15:33,150 restaurants are really especially these trendy or 283 00:15:33,150 --> 00:15:35,730 places. They have paper tablecloths, they got a 284 00:15:35,730 --> 00:15:38,250 tablecloth underneath, but there's a piece of paper on top 285 00:15:38,250 --> 00:15:41,370 of them. Shape a nice is the one who really popped with crayons, 286 00:15:41,370 --> 00:15:44,670 so you can draw on it. Well, you know, a lot of these places are 287 00:15:44,700 --> 00:15:47,610 you do a lot of business deals in these places. And people will 288 00:15:47,610 --> 00:15:51,360 write out business proposals on the tables paper, giant piece of 289 00:15:51,360 --> 00:15:52,860 paper and rip it off, 290 00:15:52,890 --> 00:15:56,130 take it for the lead. I know I've done that myself too. 291 00:15:57,930 --> 00:16:01,950 But that that kind of thing to me is not telling me that I'm 292 00:16:01,950 --> 00:16:06,840 at, you know, a three star Michelin restaurant in Paris. 293 00:16:06,870 --> 00:16:10,380 I'm at a place that's that's, you know, almost a bistro, even 294 00:16:10,380 --> 00:16:14,010 though it's not quite but in fact of the style of food. If 295 00:16:14,010 --> 00:16:16,560 people like to go out and eat and they go to Paris, they 296 00:16:16,560 --> 00:16:21,180 should go to a place called Love Procope some day and that's a 297 00:16:21,450 --> 00:16:23,790 one of the oldest bistro still in existence. I think it was 298 00:16:23,790 --> 00:16:27,540 built in 1840. And that's in Paris. Yeah, it's again, it's a 299 00:16:28,230 --> 00:16:31,710 it's a very famous place. As I think it's Paris is the oldest 300 00:16:31,710 --> 00:16:34,320 Bistro, but it as a bistro. It gives you a good feeling for 301 00:16:34,320 --> 00:16:38,370 what a bistro restaurants, bistro style restaurant is 302 00:16:38,370 --> 00:16:41,520 really all about and what it's like. That's what this place is 303 00:16:41,520 --> 00:16:46,110 like, isn't anything more than that is pretension. And that's 304 00:16:46,110 --> 00:16:48,240 why the wine cradle thing doesn't do anything for me. 305 00:16:48,240 --> 00:16:50,490 Because what does it do? You've already sloshed the wine around 306 00:16:50,490 --> 00:16:53,340 it doesn't have to be sitting around at an angle. Just stand 307 00:16:53,340 --> 00:16:55,350 the bottle up on the table and then to 308 00:16:55,469 --> 00:16:58,679 go away when you feel like go away. Thank you Let us pour it 309 00:16:58,679 --> 00:16:59,939 exactly much nicer. 310 00:16:59,969 --> 00:17:02,129 I mean, I don't mind guys who pour it if you're in a 311 00:17:02,129 --> 00:17:04,559 restaurant a really great like say the Ritz Carlton in San 312 00:17:04,559 --> 00:17:08,429 Francisco has a really attentive or Florida li they have an 313 00:17:08,429 --> 00:17:11,459 attentive staff. And so yeah, they'll pour it because they 314 00:17:11,459 --> 00:17:13,619 will keep an eye on your glasses. And so if you finish 315 00:17:13,619 --> 00:17:16,289 off some wine, boom, they're over there pouring. But most of 316 00:17:16,289 --> 00:17:18,269 these places, you know, they want to pour the wine but 317 00:17:18,269 --> 00:17:21,629 they're never around when you're out of wine. And you're looking 318 00:17:21,629 --> 00:17:22,619 around for the bottle. It's 319 00:17:22,619 --> 00:17:25,019 ridiculous. And let's face it, you know, we're not there to 320 00:17:25,019 --> 00:17:27,569 impress each other. We don't want to have sex with each 321 00:17:27,569 --> 00:17:30,209 other. We're just there to enjoy the meal on the drink. So the 322 00:17:30,209 --> 00:17:31,829 cradle is just out. 323 00:17:32,190 --> 00:17:35,670 You know, so we we made the waitress who was a little 324 00:17:35,670 --> 00:17:38,700 reluctant to do it, because I guess this guy that's a little 325 00:17:38,700 --> 00:17:39,360 reluctant. She 326 00:17:39,360 --> 00:17:42,660 was like, no, no, no, we can't. Oh, no, I should not do that. 327 00:17:42,690 --> 00:17:45,060 Come on, take it out. Take it out. Oh, I cannot take 328 00:17:45,060 --> 00:17:51,720 responsibility. So then after the meal, now I was pretty much 329 00:17:51,720 --> 00:17:57,030 good on on the wine and, and you suggested, you know, a cognac. I 330 00:17:57,030 --> 00:17:59,310 was like, you know, I'll have some coffee. Will you have the 331 00:17:59,310 --> 00:18:01,350 cognac? And so let's have an arm and Yeah, cuz I said, you know, 332 00:18:01,350 --> 00:18:04,410 cotton cognacs, like just little to Bernie for me a little too. 333 00:18:04,740 --> 00:18:10,620 Jet fuel type of effect. And so you just said let's have an 334 00:18:10,620 --> 00:18:13,080 Armin JACC, which I don't think I've actually I'm sure I've had 335 00:18:13,080 --> 00:18:15,450 one at some point. But I certainly can't remember if you 336 00:18:15,450 --> 00:18:15,600 ever 337 00:18:15,600 --> 00:18:18,030 been to France, and he had an after dinner drink 90% of the 338 00:18:18,030 --> 00:18:19,980 time. It's an army knife because that's what they drink their 339 00:18:20,039 --> 00:18:22,739 beer, which is much smoother, much nicer. 340 00:18:23,010 --> 00:18:27,720 Not necessarily but then cognac. Because it was a 1900 341 00:18:29,819 --> 00:18:34,199 It was literally a bottle from 1900. Do you remember the name 342 00:18:34,199 --> 00:18:34,469 of it? 343 00:18:35,789 --> 00:18:37,979 No, I don't I'd have to look it up. I 344 00:18:38,010 --> 00:18:40,470 we kind of we kind of we kind of chose it just because it was 345 00:18:40,470 --> 00:18:41,940 from 1900. Right? It was like 346 00:18:42,690 --> 00:18:45,150 it actually when the guys came up with it. And the thing was he 347 00:18:45,150 --> 00:18:48,120 was wrong about the whole. I said is this actually a vintage 348 00:18:48,120 --> 00:18:51,840 1900 Because in Armenia like they made they make vintage 349 00:18:52,890 --> 00:18:56,250 spirits as opposed to cognac. They tend not to so much they do 350 00:18:56,250 --> 00:18:58,800 it once in a while. But not too often. But anyway, so they make 351 00:18:58,800 --> 00:19:02,040 this vintage arming I can they do it mostly for people who want 352 00:19:02,040 --> 00:19:04,410 to buy one from their birthday or whatever. And they get pretty 353 00:19:04,410 --> 00:19:08,640 expensive when you get older. And anyway, so this one was and 354 00:19:08,640 --> 00:19:11,100 I said this is really a 1900 The guy goes on and on with some 355 00:19:11,160 --> 00:19:14,730 cock and bull story about how well it's like average, there's 356 00:19:14,730 --> 00:19:18,390 some stuff older and some stuff newer, and it's like a soldier. 357 00:19:18,780 --> 00:19:22,080 And he's describing a Solera, which is a mix of things that 358 00:19:22,080 --> 00:19:25,290 happened to have a date on it when the Solera began, which 359 00:19:25,290 --> 00:19:27,870 would be the way to do and Sherry and I'm thinking I never 360 00:19:27,870 --> 00:19:31,110 heard anything like this. This doesn't sound right. But you 361 00:19:31,110 --> 00:19:32,640 know, we got to anyway because it wasn't that expensive. It's 362 00:19:32,640 --> 00:19:35,310 cheap. So we got a couple glasses of it. And I asked to 363 00:19:35,310 --> 00:19:37,950 see the bottle. So they bring the volume in the Bible clearly 364 00:19:37,950 --> 00:19:42,210 says it was distilled in 1900. Yeah, so what he said was all 365 00:19:42,210 --> 00:19:42,930 bull, 366 00:19:43,019 --> 00:19:45,329 and then But then of course the cool thing was there was this 367 00:19:45,329 --> 00:19:49,139 little there wasn't enough to get another glass out. And so 368 00:19:49,139 --> 00:19:51,479 we're talking about and the guy comes over and like oh yeah, 369 00:19:51,479 --> 00:19:53,489 that's really good instead, but what are you going to do with 370 00:19:53,489 --> 00:19:55,409 this last bit? I mean, how are you going to you know, who are 371 00:19:55,409 --> 00:19:59,519 you going to sell that to? I think I got like $15 worth of 372 00:19:59,519 --> 00:20:00,299 free arm When you're 373 00:20:00,990 --> 00:20:05,640 when he Yeah, then he dumps it and splitting it. Golf me to 374 00:20:05,640 --> 00:20:06,720 know and yeah that 375 00:20:06,719 --> 00:20:09,239 was that was wrong but he but he knew who was paying John 376 00:20:10,260 --> 00:20:14,190 Well he didn't know anything he didn't even know what the 377 00:20:14,220 --> 00:20:17,550 distillation day was or anything else he was just making it up as 378 00:20:17,550 --> 00:20:19,650 he goes along he had no clue is paying. 379 00:20:19,680 --> 00:20:21,990 Well let me get Bobby on the phone Bobby dinero let's have 380 00:20:21,990 --> 00:20:28,350 that got fired. Bobby, Bobby, to Adam AC and JC got to talk to 381 00:20:28,350 --> 00:20:34,440 you. Hey, I wanted even though that we have no agenda, I took 382 00:20:34,440 --> 00:20:37,440 some notes because I've been just Oh, missing Yeah, messing 383 00:20:37,440 --> 00:20:40,230 around the house. Actually, something happened last night 384 00:20:40,230 --> 00:20:43,890 which really irked me this falls into our shoddy journalism 385 00:20:43,920 --> 00:20:50,520 category. So, um, you know, after this enormously taxing day 386 00:20:50,520 --> 00:20:54,960 I had, and I love it. I didn't just fall asleep. After that 387 00:20:54,990 --> 00:20:58,140 watching TV, I passed out, like, you know, see, and you know 388 00:20:58,140 --> 00:21:01,440 the difference, when why fall asleep when you can pass I 389 00:21:01,440 --> 00:21:02,010 passed 390 00:21:02,040 --> 00:21:05,010 out, you know, like, my neck just went. And my wife has seen 391 00:21:05,010 --> 00:21:07,200 this now. So she's not and you're no longer alarmed when my 392 00:21:07,200 --> 00:21:10,410 head like tilts back like I'm dead. So she knows something you 393 00:21:10,410 --> 00:21:13,830 might check my breathing, but I was I was just passed out. So we 394 00:21:13,830 --> 00:21:16,770 go to bed. And all of a sudden, you know, my knee, you know 395 00:21:16,770 --> 00:21:19,770 everything. Oh, my alarms start going off. And with that, I 396 00:21:19,770 --> 00:21:23,160 mean, you know, there's text messages. There's, you know, 397 00:21:23,160 --> 00:21:27,450 stuff popping up on my because I took my n 800. I usually take my 398 00:21:27,450 --> 00:21:29,880 n 810 put it next to the bedside in case I want to check 399 00:21:29,880 --> 00:21:32,970 something like Google something to get the answer for a game 400 00:21:32,970 --> 00:21:33,360 show. 401 00:21:34,980 --> 00:21:37,770 And what is so nerdy I am 402 00:21:38,040 --> 00:21:42,480 now what had happened is and actually I should have I could 403 00:21:42,480 --> 00:21:45,150 probably send you the link Silicon Alley Insider. Are you 404 00:21:45,150 --> 00:21:47,100 familiar with this pack? 405 00:21:48,209 --> 00:21:49,739 I know the guy personally. Yeah. 406 00:21:50,910 --> 00:21:53,160 Let's see who wrote this. Dan Frommer. 407 00:21:53,910 --> 00:21:56,190 I don't know him. I know the guy runs Silicon Alley, though. 408 00:21:56,490 --> 00:22:01,590 Okay, so Silicon Alley, came out with a news and and it's 409 00:22:01,590 --> 00:22:06,390 actually from directly from the AP. So the AP rights occupy 410 00:22:06,720 --> 00:22:10,500 occupy wins Limelight patent suit 45 and a half million 411 00:22:10,500 --> 00:22:14,220 dollars. And I'll just read this briefly occupied technologies as 412 00:22:14,220 --> 00:22:17,460 it one is patent suit against arch rival Limelight Networks. 413 00:22:17,670 --> 00:22:21,750 The AP reports optimised set jury in the US District Court of 414 00:22:21,750 --> 00:22:24,810 Massachusetts ruled Limelight Networks and fringe a content 415 00:22:24,810 --> 00:22:28,680 delivery patent asserted by Akamai, the jury awarded Akamai 416 00:22:28,680 --> 00:22:32,400 45 and a half million dollars in damages plus interest. Occupy 417 00:22:32,400 --> 00:22:35,280 said it plans to ask the court to issue a permanent injunction 418 00:22:35,280 --> 00:22:38,340 prohibiting Limelight from continuing to sell infringing 419 00:22:38,340 --> 00:22:44,700 devices. So by the way that the idea of infringing device is 420 00:22:44,700 --> 00:22:47,790 being sold means is not necessarily about their core 421 00:22:48,450 --> 00:22:51,030 content delivery network business. I'm not quite sure 422 00:22:51,030 --> 00:22:55,050 what it is. And then so here comes the editorialised part 423 00:22:55,050 --> 00:22:56,400 that Dan Frommer wrote, 424 00:22:56,880 --> 00:22:59,160 I didn't know they made devices at limelight, they make a 425 00:22:59,160 --> 00:22:59,700 device. 426 00:22:59,730 --> 00:23:02,790 Well, this is my point. So it's, it's about it could be I don't 427 00:23:02,790 --> 00:23:05,340 know if they're making and selling something. And it's 428 00:23:05,340 --> 00:23:08,940 clearly not necessarily their core CDN capability. But who 429 00:23:08,940 --> 00:23:13,560 knows. But Dan Frommer writes, If the verdict holds up, it 430 00:23:13,560 --> 00:23:16,590 would be devastating for limelight, whose shares are down 431 00:23:16,590 --> 00:23:19,530 almost 40%, and afternoon trading. Last year, the company 432 00:23:19,530 --> 00:23:23,580 lost 24 million on 66 million of revenue. And if the judge issued 433 00:23:23,580 --> 00:23:26,760 an injunction against limelight, it might have to shut down its 434 00:23:26,760 --> 00:23:33,060 network. And what happens is, and this play, and I'm going to 435 00:23:33,060 --> 00:23:35,820 get to your blog to your MarketWatch column in a second 436 00:23:35,820 --> 00:23:38,700 because it all has to do with this. So what happens is, this 437 00:23:38,700 --> 00:23:44,040 gets blown out there into the blogosphere, but this really 438 00:23:44,040 --> 00:23:47,340 happened on Twitter, which is probably even worse. So the 439 00:23:47,340 --> 00:23:51,300 first thing that happens is, is everyone's saying pod Joe is 440 00:23:51,300 --> 00:23:54,450 going to pod shall be fucked if these guys sorry to say that. 441 00:23:54,450 --> 00:23:56,610 But that's literally what is being said. Pod show it 442 00:23:56,610 --> 00:23:59,610 is price, what's pod show got to do? Because our 443 00:23:59,610 --> 00:24:04,800 delivery network is limelight. Oh, so it's no limelight. By the 444 00:24:04,800 --> 00:24:07,650 way. They're much younger than Akamai they only started 445 00:24:07,650 --> 00:24:11,130 away. Yeah, and by the way, it would be so hard to switch. 446 00:24:11,160 --> 00:24:11,670 Wait, 447 00:24:11,850 --> 00:24:15,870 this is Wait, let me get the story out, of course. So, you 448 00:24:15,870 --> 00:24:18,570 know, they're much younger, they're a bunch of radicals from 449 00:24:18,570 --> 00:24:21,810 Arizona, we like these guys a lot. You know, we get a good 450 00:24:21,810 --> 00:24:24,990 deal from them. They really work with us, you know, it's a tough 451 00:24:24,990 --> 00:24:30,120 business. And, you know, so we stand by partners like that. And 452 00:24:30,120 --> 00:24:32,580 so you know, we we sent out well, first of all, so what 453 00:24:32,580 --> 00:24:35,880 what's happening now is now people are posting blogs and you 454 00:24:35,880 --> 00:24:39,030 know, pod shall be fucked in here, all these other companies 455 00:24:39,030 --> 00:24:43,200 that will go down. And so what happens is all our producers get 456 00:24:43,200 --> 00:24:46,080 in a, you know, get freaked out, they're like, you know, do we 457 00:24:46,080 --> 00:24:51,510 have to start changing URLs and have like 1000s of dancers 458 00:24:52,680 --> 00:24:54,840 and they're all antsy all the time. 459 00:24:54,869 --> 00:24:57,809 Yeah. And so they freaking out and I can understand, you know, 460 00:24:57,809 --> 00:25:00,599 they don't know what the hell was going on, but they Everyone 461 00:25:00,599 --> 00:25:00,899 knows 462 00:25:00,899 --> 00:25:03,479 you spending too much time listening to Twitter's feeds 463 00:25:03,479 --> 00:25:05,039 rather than doing the damn shows. 464 00:25:06,450 --> 00:25:09,180 You are now in charge of programming. Congratulations. 465 00:25:10,200 --> 00:25:15,690 So, you know, so al Shaheed, who is our SVP of engineering and 466 00:25:15,690 --> 00:25:19,680 technology product, he of course had spoken to occupy occupy to 467 00:25:19,680 --> 00:25:22,170 limelight and they said, Well, you know, yeah, we're 468 00:25:22,170 --> 00:25:24,360 disappointed it sucks, but we're gonna, you know, we're going to 469 00:25:24,390 --> 00:25:27,600 go back and we'll, you know, we're going to work on it, but 470 00:25:27,600 --> 00:25:30,180 no worries, you know, nothing to be afraid of. And of course, 471 00:25:30,180 --> 00:25:32,730 it's true. I mean, you don't have when this type of stuff 472 00:25:32,730 --> 00:25:35,670 happens, you don't have to sign a check the next second, you 473 00:25:35,670 --> 00:25:38,040 know, then you're not gonna turn your fucking network off within 474 00:25:38,040 --> 00:25:43,560 three days or something. And by the way, your point is so well 475 00:25:43,560 --> 00:25:48,240 made, it takes us about five minutes to switch to any content 476 00:25:48,240 --> 00:25:52,110 delivery network, we wish any anyone we could, you know, 477 00:25:52,140 --> 00:25:55,260 anyone. And in fact, we, you know, we've always had it set up 478 00:25:55,260 --> 00:25:58,170 that way, for very simple reason. Sometimes you want 479 00:25:58,170 --> 00:26:02,040 bandwidth that may be cheaper, because you can take it from 480 00:26:02,040 --> 00:26:05,580 another provider for some streaming exercise. I mean, this 481 00:26:05,580 --> 00:26:07,710 is how you run a business, right? You never want to be 482 00:26:07,710 --> 00:26:10,290 locked into one provider, and you certainly don't want your 483 00:26:10,560 --> 00:26:14,820 URLs have to change. So anyway, the point of the story, and then 484 00:26:14,820 --> 00:26:18,810 I'll lead into your MarketWatch column about about Google is, 485 00:26:19,830 --> 00:26:22,530 you know, because of the AI, where I said, you know, the 486 00:26:22,560 --> 00:26:25,320 doesn't the good stuff pop up to the top and doesn't all that, 487 00:26:25,320 --> 00:26:27,750 you know, don't you get to the real truth it is, you know, 488 00:26:27,750 --> 00:26:32,670 these guys, they won't live down this going dark business for at 489 00:26:32,670 --> 00:26:35,730 least a year. Because everyone will be saying all these guys 490 00:26:35,730 --> 00:26:39,030 are so screwed and, and even when I posted on my 491 00:26:39,030 --> 00:26:44,880 blog@curry.com exactly what the status was. Even in the 492 00:26:44,880 --> 00:26:47,460 comments, people aren't even reading just saying, oh, man, 493 00:26:47,460 --> 00:26:49,740 it's always the little guy who gets screwed because all the 494 00:26:49,740 --> 00:26:53,940 little guys are on limelight. And it was unbelievable how 495 00:26:53,940 --> 00:26:57,960 poorly informed people are and how quickly it was. It was 496 00:26:57,960 --> 00:27:03,390 literally Twitter crap. And Society of spectacle baked into 497 00:27:03,390 --> 00:27:05,340 one and it really really irked me. 498 00:27:06,029 --> 00:27:08,789 Well, yeah, well, it should. But the problem of course, if you're 499 00:27:08,789 --> 00:27:11,249 being you might as well get used to it because this kind of thing 500 00:27:11,249 --> 00:27:15,509 is getting worse. Yes, it is in my dentist then better. And it's 501 00:27:15,509 --> 00:27:19,589 going in, which is one of the whole internet thing is creating 502 00:27:19,589 --> 00:27:21,839 this I've always believed this was happening from the 503 00:27:21,839 --> 00:27:24,779 beginning, where you have the democratisation of everything, 504 00:27:24,779 --> 00:27:29,189 you end up with a mob mentality, just kind of all over the pile 505 00:27:29,189 --> 00:27:33,269 jumping panic suckered by hoaxes. And it's unbelievable. 506 00:27:33,269 --> 00:27:33,569 So let 507 00:27:33,569 --> 00:27:36,389 me lead into your into your because actually, I was so 508 00:27:36,389 --> 00:27:40,379 wired, you know. And I tried to tap it out on the on the 810. 509 00:27:40,889 --> 00:27:44,249 Blitz, and something went wrong with the JavaScript in a Google 510 00:27:44,249 --> 00:27:46,619 group or whatever. And so I've written all this thing 511 00:27:46,619 --> 00:27:51,089 painstakingly in the dark, and then it got lost. I'm like, so I 512 00:27:51,089 --> 00:27:53,819 went upstairs, and now now I'm awake. I'm gonna type it out on 513 00:27:53,819 --> 00:27:56,159 the computer, I'm going to do I'm going to do a blog post, 514 00:27:56,159 --> 00:27:58,979 right? So I'm up for an hour and I'm like, oh, man, I can now I'm 515 00:27:58,979 --> 00:28:02,969 wired. Now I can't sleep. And so I listened to a tech five, I 516 00:28:02,969 --> 00:28:05,369 hear you're talking about your MarketWatch column by Google. 517 00:28:05,369 --> 00:28:07,949 And it's exactly the same thing. And let me just set it up. And 518 00:28:07,949 --> 00:28:12,419 then you can correct and take it from there. comScore which is a 519 00:28:13,079 --> 00:28:18,809 company that has a panel based system of tracking unique 520 00:28:18,809 --> 00:28:20,759 visitors they do. They track a number of things, but they're 521 00:28:20,759 --> 00:28:24,539 really a type of Nielsen for the web in more than one man or one 522 00:28:24,539 --> 00:28:28,709 because they use panel based and not you know, don't rely on 523 00:28:28,709 --> 00:28:33,299 stuff. The web webmasters have installed as a tool bar like 524 00:28:33,299 --> 00:28:37,259 Alexa. So you know, like it or not, you know, you can like the 525 00:28:37,259 --> 00:28:40,169 Nielsen's or not. But that's the rule. That's what's being used 526 00:28:40,169 --> 00:28:42,629 because that's what Madison Avenue uses. So we live or die 527 00:28:42,629 --> 00:28:45,179 by the comScore numbers everybody does, including 528 00:28:45,179 --> 00:28:50,459 Google. So they came out with a story, which was about the 529 00:28:50,459 --> 00:28:54,269 decline in click through rates, a steady decline in click 530 00:28:54,269 --> 00:28:58,049 through rates that Google was having. And a whole bunch of 531 00:28:58,049 --> 00:29:01,409 actually a couple of different places. I don't know who really 532 00:29:01,409 --> 00:29:05,549 started off, I'm sure there was one, like Ground Zero blog that 533 00:29:05,549 --> 00:29:09,299 drew the conclusion that Google is going out of business. And 534 00:29:09,479 --> 00:29:14,819 this spiralled into, you know, after our trading of, you know, 535 00:29:14,969 --> 00:29:18,749 market cap being chopped off by 15 billion, you know, a lot of 536 00:29:18,749 --> 00:29:21,749 stuff. And it got so bad that they did something which I found 537 00:29:22,079 --> 00:29:27,659 absolutely amazing on the comScore weblog, the CEO and co 538 00:29:27,659 --> 00:29:32,129 founder went into detail explaining what this really 539 00:29:32,129 --> 00:29:36,419 means to Google, which I think is kind of out of the ordinary 540 00:29:36,419 --> 00:29:38,759 and of course, draws up a whole bunch of questions about you 541 00:29:38,759 --> 00:29:42,299 know, why would they do that other than someone saying, Hey, 542 00:29:42,299 --> 00:29:45,119 dude, you know, the interpretation of your data just 543 00:29:45,119 --> 00:29:49,019 chopped off $15 billion of our market cap. So would you mind 544 00:29:49,019 --> 00:29:55,679 like explaining this shit to somebody? But it's it. First of 545 00:29:55,679 --> 00:29:59,489 all, if you do the research and take a couple minutes, you'll 546 00:29:59,489 --> 00:30:02,009 see that the He's, well, yes, the click through rate may have 547 00:30:02,009 --> 00:30:05,609 gone down effectively, what they're making what you can make 548 00:30:05,609 --> 00:30:10,649 on, on on Google's AdSense AdWords system is probably more 549 00:30:10,649 --> 00:30:15,959 effective and generating more cash. But I'm just amazed by the 550 00:30:15,959 --> 00:30:20,609 zeitgeist now of online advertising is in trouble. It's 551 00:30:20,609 --> 00:30:24,779 all over for Google, you know, it's not gonna work. And you 552 00:30:25,199 --> 00:30:28,799 kind of had written about some of this on your MarketWatch 553 00:30:28,799 --> 00:30:30,659 blog. And I just thought I'd bring it up to you. 554 00:30:32,220 --> 00:30:36,390 Well, I wrote about, I actually made the conclusion that Google 555 00:30:36,390 --> 00:30:40,320 is in good shape. Yeah. But it ended. By the way, it's a column 556 00:30:40,320 --> 00:30:43,830 not a blog, even though now that they allow comments, which has 557 00:30:43,830 --> 00:30:46,260 just become a I think is a mistake, because I think the 558 00:30:46,260 --> 00:30:49,290 publication does dip comments are useless. Generally speaking, 559 00:30:49,290 --> 00:30:52,230 we don't get that for some reason, at least the commenters 560 00:30:52,230 --> 00:30:55,830 that I've been reading on my forum, are just they're just a 561 00:30:55,830 --> 00:30:58,020 bunch of snipers. They're just like, you know, like typical 562 00:30:58,020 --> 00:31:00,900 ankle biters, that you know, that are Mac users that hate me, 563 00:31:00,900 --> 00:31:04,350 for one reason or another. No value, added no value, there's 564 00:31:04,350 --> 00:31:09,060 no value, there's no insight. And so I don't know what good 565 00:31:09,060 --> 00:31:11,700 then I think they may kill it. Because one of the guys who 566 00:31:12,090 --> 00:31:15,630 consistently start sniping, maybe more than anyone is the 567 00:31:15,630 --> 00:31:17,850 editor in chief of the publication, every time he 568 00:31:17,850 --> 00:31:21,150 writes anything, they just slam him and he's got to be annoyed 569 00:31:21,150 --> 00:31:26,820 by it. But I was just, my real point to that article was that 570 00:31:26,820 --> 00:31:31,530 the media has been given Google a free ride, in terms of their 571 00:31:31,530 --> 00:31:35,760 coverage of the company. They're never ready to get into any in 572 00:31:35,760 --> 00:31:38,730 depth. What's Google really up to Google's very secretive about 573 00:31:38,730 --> 00:31:40,980 a lot of stuff, nobody digs into it, nobody tries to find 574 00:31:41,069 --> 00:31:44,639 thank you this is this is what I wanted to say is that if you 575 00:31:44,639 --> 00:31:48,629 really dig into what Google is doing, they control the buy and 576 00:31:48,629 --> 00:31:52,289 the sell side, you know, they control this entire system, 577 00:31:52,319 --> 00:31:56,909 they're continuously tweaking the system to do one thing, and 578 00:31:56,909 --> 00:32:00,269 it's to generate more money. And, you know, it is a black 579 00:32:00,269 --> 00:32:03,989 box, you don't know exactly what you're getting. It's clearly 580 00:32:03,989 --> 00:32:08,699 still working. But Pete, you know, where is the? Where are 581 00:32:08,699 --> 00:32:12,569 people delving into how this AdSense actually works? You 582 00:32:12,569 --> 00:32:16,169 know, you can kind of figure out what's going on? And how, you 583 00:32:16,169 --> 00:32:20,189 know, it's an auction bid based system for AdWords, you know, we 584 00:32:20,189 --> 00:32:24,929 use it quite a lot to market our programming. And you know, you 585 00:32:24,929 --> 00:32:28,199 can you can get certainly a Dave and have teams who will you 586 00:32:28,229 --> 00:32:31,559 helped us you can call you know, if you're if you're a big, big 587 00:32:31,559 --> 00:32:34,889 client, and they'll help you tweak it, you know, it is their 588 00:32:34,889 --> 00:32:38,459 job to make you to make more money and thus more money for 589 00:32:38,459 --> 00:32:41,489 them. But they control every single aspect. John, they've 590 00:32:41,489 --> 00:32:42,149 gotten that night. 591 00:32:42,150 --> 00:32:45,570 No, it's, it's unbelievable. And, you know, I wish I had this 592 00:32:45,570 --> 00:32:51,150 guy's name handy. But I had sat down and had lunch with the guy 593 00:32:51,150 --> 00:32:55,530 who invented that system. AdSense. Yeah, it was actually 594 00:32:55,530 --> 00:32:58,710 another It was outside of Google had bought it from these guys. 595 00:32:58,920 --> 00:33:02,790 And this was one of the original engineers, and he gave me a 596 00:33:02,790 --> 00:33:07,140 couple of I'm gonna have to track him down now. But he gave 597 00:33:07,140 --> 00:33:11,610 me interestingly enough, a couple of real cool insight 598 00:33:11,640 --> 00:33:16,830 tidbits that allow you to not game the system but to exploit 599 00:33:16,830 --> 00:33:19,050 it in ways that very few people do. He says he noticed a few 600 00:33:19,050 --> 00:33:24,570 companies that do it. But he did and it was quite fascinating. 601 00:33:24,570 --> 00:33:28,620 But this guy b this is the guy who should have gone out and 602 00:33:28,620 --> 00:33:31,650 hired I don't understand, you know, Yahoo and Microsoft. Other 603 00:33:31,650 --> 00:33:31,950 guys. 604 00:33:32,579 --> 00:33:35,669 Didn't they buy that from Yahoo? Isn't that what didn't Google 605 00:33:35,669 --> 00:33:38,879 buy them I think thinking overture 606 00:33:39,299 --> 00:33:41,129 knew why they bought a bunch of stuff from Yahoo but this is 607 00:33:41,129 --> 00:33:44,789 this specific was thing was a standalone system that Google 608 00:33:44,789 --> 00:33:49,709 bought from these guys. And they were I don't know I don't 609 00:33:49,709 --> 00:33:52,139 remember the story anymore. Because this was like Overcup 610 00:33:52,139 --> 00:33:56,459 delis two years ago maybe longer. And but the point is 611 00:33:57,089 --> 00:33:59,219 just sitting there talking to the guy cuz he was in some other 612 00:33:59,219 --> 00:34:03,749 company now doing something. And just how much it is my memory by 613 00:34:03,749 --> 00:34:05,609 the way going on me I guess having another 614 00:34:05,609 --> 00:34:06,719 army EOC from 19 615 00:34:07,740 --> 00:34:11,310 I can't remember anything. So anyway, this is why I'm, by the 616 00:34:11,310 --> 00:34:14,670 way, this is one of the reasons I'm such a good guy for like 617 00:34:14,670 --> 00:34:19,110 blowing out insider inside stories because 618 00:34:19,110 --> 00:34:21,000 you don't you don't remember what you're supposed to be 619 00:34:21,000 --> 00:34:21,660 protecting. 620 00:34:22,289 --> 00:34:25,289 Except this guy says, Look, I'm gonna tell you this, but if I 621 00:34:25,289 --> 00:34:28,169 get if I get caught, you know, if you ever tell me, you know, 622 00:34:28,319 --> 00:34:30,869 and I say go ahead and tell me because you know, hours from 623 00:34:30,869 --> 00:34:32,909 now, I'm not even remember I had this conference. 624 00:34:33,209 --> 00:34:35,069 Do you remember any of the tricks that he would that he 625 00:34:35,069 --> 00:34:36,539 gave for gaming the system? 626 00:34:36,810 --> 00:34:39,720 Yeah, I do. But I'm not going to talk. I don't have the nuff 627 00:34:39,720 --> 00:34:42,060 details, but I can just say there wasn't gaming the system. 628 00:34:42,060 --> 00:34:46,200 It was like it was actually gaming the way it's presented to 629 00:34:46,200 --> 00:34:48,870 the reader. Nothing was you know, that low side it says, you 630 00:34:48,870 --> 00:34:52,470 know, if you're interested in corpses, find them on eBay when 631 00:34:52,470 --> 00:34:56,550 you see that. There's a way of there's a way of changing the 632 00:34:56,550 --> 00:35:01,260 wording that customises almost Sleep, what the reader is 633 00:35:01,260 --> 00:35:01,770 looking for? 634 00:35:01,830 --> 00:35:03,960 Well, there's they're doing a lot of work on that now where 635 00:35:04,200 --> 00:35:07,920 vacation, they're doing more broader. So vacation will 636 00:35:07,920 --> 00:35:11,160 automatically trigger trip and air travels all kinds of stuff 637 00:35:11,160 --> 00:35:11,790 that they're doing. 638 00:35:12,030 --> 00:35:15,180 Well, it's an interesting situation with that, but but the 639 00:35:15,180 --> 00:35:18,810 thing that fascinates me the most about any of this, is that 640 00:35:18,810 --> 00:35:22,710 the guy's like this guy who's I'm talking to him. Why is he 641 00:35:22,710 --> 00:35:26,310 not working for a huge million bucks a year from Microsoft? Or 642 00:35:26,310 --> 00:35:30,090 why isn't Yahoo hiring him? And why isn't Microsoft trying to 643 00:35:30,090 --> 00:35:32,940 copy everything Google does, but they don't really find any way 644 00:35:32,940 --> 00:35:35,460 to get a hold of these executives who know how to do 645 00:35:35,460 --> 00:35:37,830 all this stuff. It just baffling to me, I would 646 00:35:37,830 --> 00:35:41,340 say there's one of two ways one of three things either a he is 647 00:35:41,340 --> 00:35:44,580 and we just don't know about it be he's building his next thing 648 00:35:44,580 --> 00:35:49,650 to flog off to someone or see. He's incredibly wealthy and 649 00:35:49,650 --> 00:35:52,350 cannot compete in that arena after they bought the company 650 00:35:52,350 --> 00:35:52,830 from him. 651 00:35:53,310 --> 00:35:57,270 No, I think that the bladder thing for sure, because they're 652 00:35:57,270 --> 00:35:59,880 always having done a noncompete. But the noncompetes end after 653 00:35:59,880 --> 00:36:04,050 two years. And usually generally speaking in the valley, what 654 00:36:04,050 --> 00:36:06,630 these guys do is that yeah, okay, so they sign the non 655 00:36:06,630 --> 00:36:09,960 compete. And assuming it's even enforced half the time. It's not 656 00:36:09,960 --> 00:36:12,570 because it's like, you know, because these companies move on, 657 00:36:12,600 --> 00:36:15,270 I got a right to work state and all kinds of stuff. It's very, 658 00:36:15,990 --> 00:36:18,630 it's very hard to join force. But but let's say they do 659 00:36:18,630 --> 00:36:22,740 enforce it. I got Person A gets a noncompete. For two years 660 00:36:22,740 --> 00:36:25,740 sells the company does whatever he does, he goes immediately to 661 00:36:25,740 --> 00:36:28,380 somebody else and starts working on a new project and take two 662 00:36:28,380 --> 00:36:32,280 years at least to complete. Yeah. So so the non competes are 663 00:36:32,280 --> 00:36:36,270 not that important. But I get to my sense is not what you're 664 00:36:36,270 --> 00:36:39,480 saying as the reason. My sense is that these other companies 665 00:36:39,480 --> 00:36:44,190 just do not dig hard enough at finding competent people to do 666 00:36:44,190 --> 00:36:46,830 what they want to do. I just think that they do a crappy job 667 00:36:46,830 --> 00:36:50,610 of it. I know Microsoft has got a not invented here, generally 668 00:36:50,610 --> 00:36:52,800 speaking strategy. And they always try to do everything in 669 00:36:52,800 --> 00:36:55,020 house. And when they do get somebody from outside, like when 670 00:36:55,020 --> 00:37:00,600 they got David Cutler to do Windows NT. Yeah. That was a big 671 00:37:00,600 --> 00:37:01,080 deal. 672 00:37:01,110 --> 00:37:05,760 Yeah, that was a great OS, by the way. And T. Yeah, it was, in 673 00:37:05,760 --> 00:37:08,670 fact, the guts of it are still running things mostly. But you 674 00:37:08,670 --> 00:37:13,500 know, the windows 2000 is always still perceived as the best best 675 00:37:13,980 --> 00:37:18,240 Microsoft ever did. But anyway, so but it's just baffling to me 676 00:37:18,240 --> 00:37:21,600 that there's not more, you know, they just hire people based on 677 00:37:21,600 --> 00:37:24,480 their resume. I mean, they don't really go after these guys who 678 00:37:24,480 --> 00:37:28,890 are the superstars? At least as far as I can tell. 679 00:37:29,970 --> 00:37:33,780 Yeah, so not only do the companies suck, the journalists 680 00:37:33,780 --> 00:37:35,730 suck, and everyone kind of sucks. 681 00:37:36,750 --> 00:37:39,030 And they're all making money. Yeah, hold on a second. We 682 00:37:39,030 --> 00:37:40,890 got we got a very important comment, John. 683 00:37:40,980 --> 00:37:45,450 Hi, Adam. Hi, John. Okay, I've let it go on too long. The first 684 00:37:45,450 --> 00:37:48,300 couple of times. You mentioned it, I let it go. But you guys 685 00:37:48,300 --> 00:37:51,090 keep talking about tea. And here in two Americans talking about 686 00:37:51,090 --> 00:37:54,330 tea. It's like the blind leading the blind. Let's get a few 687 00:37:54,330 --> 00:37:58,200 things straight. First of all a PG Tips is not good tea, even 688 00:37:58,200 --> 00:38:01,590 the PG Tips gold. It's soft southern Jessie did it's too 689 00:38:01,590 --> 00:38:04,320 weak. You want to get some property that's either totally, 690 00:38:04,560 --> 00:38:08,130 or Yorkshire tea. And the next thing is I hear today you've 691 00:38:08,130 --> 00:38:12,960 been talking about putting milk in before the tea bag, or sugar 692 00:38:12,960 --> 00:38:17,010 in before the tea bag. Oh my god. Just step away from the tea 693 00:38:17,010 --> 00:38:20,130 bags. Take a deep breath and learn how to make tea properly. 694 00:38:20,400 --> 00:38:23,790 You put the tea bags or the tea into a tea pot, you pour hot 695 00:38:23,790 --> 00:38:27,600 water boiling hot water onto the tea bags or the tea. You make 696 00:38:27,600 --> 00:38:30,720 the tea in the tea pot and then you put the milk in the cup. You 697 00:38:30,720 --> 00:38:32,220 put the tea from the tea pot. 698 00:38:34,980 --> 00:38:37,200 Here's a guy that obviously wasn't listening to the show 699 00:38:37,200 --> 00:38:40,440 because I was complaining about putting the milk in first. And I 700 00:38:40,440 --> 00:38:43,500 was aghast at the fact that people were doing it so now he's 701 00:38:43,500 --> 00:38:45,840 accusing us of suggesting that we do that. 702 00:38:45,870 --> 00:38:49,170 It's a complete bias the Brits have against the Yanks, man they 703 00:38:49,170 --> 00:38:49,440 hate 704 00:38:49,710 --> 00:38:54,630 this guy. This guy's an idiot. Besides that, let's I got a 705 00:38:54,630 --> 00:38:57,870 letter here from a Michel Gleave this is actually more 706 00:38:57,870 --> 00:39:00,630 interesting than him mainly because he obviously wasn't 707 00:39:00,630 --> 00:39:06,450 listening in and Tetley Tea is not that good, but whatever I 708 00:39:06,450 --> 00:39:07,200 agree anyway, 709 00:39:07,230 --> 00:39:08,640 I like my PG Tips. 710 00:39:09,870 --> 00:39:11,910 You know, everybody that's the most popular T in England How do 711 00:39:11,910 --> 00:39:14,580 I guess all the Brits are wrong? But anyway, let's go and read 712 00:39:14,580 --> 00:39:16,890 this No, but this was actually kind of shocking and this came 713 00:39:16,890 --> 00:39:21,570 from an American to true and she said something about true true 714 00:39:21,570 --> 00:39:24,570 steeping completely depends on the brand PG Tips is strong 715 00:39:24,570 --> 00:39:28,380 enough after 30 seconds. And Marks and Spencer. That's what 716 00:39:28,380 --> 00:39:31,020 she says but Marks and Spencer needs a bit longer, et cetera. 717 00:39:31,020 --> 00:39:34,260 There's nothing worse than when the tea bags have sat and stood 718 00:39:34,260 --> 00:39:38,970 for too long. Yuck. Although I let mine go for days. It was 719 00:39:38,970 --> 00:39:41,730 probably an American who did the milk steeping thing? No, it 720 00:39:41,730 --> 00:39:44,670 wasn't talked to a German to look at you like you're insane 721 00:39:44,670 --> 00:39:46,590 for adding milk to any kind of tea blah blah blah. 722 00:39:48,660 --> 00:39:51,000 She's probably one of those women who has the big gigantic 723 00:39:51,000 --> 00:39:53,490 tea cup with a tea bag hanging out walking around the office 724 00:39:53,490 --> 00:39:54,000 all day. 725 00:39:55,830 --> 00:39:59,250 That I'm reading her stuff. I can't tell if she's an English 726 00:39:59,250 --> 00:39:59,970 word. She's got 727 00:40:00,000 --> 00:40:03,960 The idea that sounds totally American to me, but she doesn't 728 00:40:03,960 --> 00:40:04,140 sound 729 00:40:04,140 --> 00:40:06,300 like that 32nd thing well, you know, maybe she doesn't really 730 00:40:06,300 --> 00:40:10,140 liked it because 30 seconds is like holy crap. My son who was a 731 00:40:10,140 --> 00:40:14,280 big tea connoisseur he his says that there's a bunch of 732 00:40:14,310 --> 00:40:18,480 documents that say that at three at the three minute mark because 733 00:40:18,480 --> 00:40:20,190 you get like he's got a time 734 00:40:21,240 --> 00:40:23,730 but then But then here's something I see all Brits do, 735 00:40:23,940 --> 00:40:26,700 though. They take the because of course the tea bags here in the 736 00:40:26,700 --> 00:40:30,510 in the UK have no string. I just want to point that out. They are 737 00:40:30,540 --> 00:40:35,280 basically sacks or pods or pads or whatever. pyramid or pyramid 738 00:40:35,280 --> 00:40:40,380 right? I will see them take the spoon and squeeze the tea bag 739 00:40:40,380 --> 00:40:44,190 against the side of the cup with a quite a bit of force and then 740 00:40:44,190 --> 00:40:44,970 take it out. 741 00:40:45,600 --> 00:40:48,600 I do that but I use my hands. I'm like it, you know, I 742 00:40:48,600 --> 00:40:50,340 squeezed it with my fingers because 743 00:40:50,610 --> 00:40:53,520 the grip really I'm a spoon guy. I'm sorry. 744 00:40:54,149 --> 00:40:57,059 It's great as a region they're grabbing. Throw the thing in the 745 00:40:57,059 --> 00:40:57,359 sink, 746 00:40:57,990 --> 00:41:00,990 in the sink in the sink for what for me, me to clean it up later 747 00:41:00,990 --> 00:41:01,350 is that when 748 00:41:01,680 --> 00:41:04,320 we had a garbage disposal or things go in there, you hit it 749 00:41:04,320 --> 00:41:08,430 boom at gypsys tea, you know, come on. It goes in the sink. 750 00:41:09,960 --> 00:41:12,090 Garbage Disposals rock, you know, in Berkeley, they're 751 00:41:12,090 --> 00:41:17,550 illegal. They're outlawed. If they are they're illegal. 752 00:41:18,090 --> 00:41:20,970 They're not good for the Eco culture. 753 00:41:21,690 --> 00:41:25,140 So what kind of BS is that? Let's not even get into it. I 754 00:41:25,140 --> 00:41:27,810 don't want a shitload of email talking about how we're killing 755 00:41:27,810 --> 00:41:29,760 the planet with our garbage disposals. 756 00:41:30,300 --> 00:41:33,810 Yeah, well, by the way, got one more letter from a guy this is 757 00:41:33,810 --> 00:41:35,880 we're talking about wine earlier. I thought he says he 758 00:41:35,910 --> 00:41:40,110 liked our show last Wednesday, and I guess he doesn't 759 00:41:40,110 --> 00:41:42,630 understand this comes out when it comes out. That's why he 760 00:41:42,630 --> 00:41:46,140 listened to it. Quick question since it needed advice from an 761 00:41:46,140 --> 00:41:50,340 expert that must meet me what line goes well, what's pasta 762 00:41:50,400 --> 00:41:54,210 anything? I'm looking at it but anyways, I'm looking at up to 763 00:41:54,210 --> 00:41:55,560 $100 764 00:41:55,620 --> 00:42:01,620 Holy crap, you can get five seven bucks $100 with a screw 765 00:42:01,620 --> 00:42:02,130 top. 766 00:42:02,730 --> 00:42:05,040 You know if you pasta you know, I always like to match it to 767 00:42:05,040 --> 00:42:08,220 Italian wine with it. And I would start looking at checking 768 00:42:08,220 --> 00:42:11,610 out well now I would actually go up scale a little bit and then 769 00:42:11,640 --> 00:42:15,750 you get these Rosso DeMonte chinos, which are kind of the 770 00:42:15,750 --> 00:42:18,720 second wines of Brunello which are like better than Kiante is 771 00:42:18,720 --> 00:42:22,050 and not as good as brunellos, but probably almost as good and 772 00:42:22,050 --> 00:42:22,890 drinkable more 773 00:42:22,920 --> 00:42:25,620 soon and you spell the name of that wine. So 774 00:42:25,650 --> 00:42:32,370 just Rosso, R O SS o meaning red wine Di Di monka Chino, Mo N ta 775 00:42:32,370 --> 00:42:35,700 LCI. No, and I'm pronouncing it with no Italian accent, 776 00:42:35,700 --> 00:42:38,340 obviously, because I don't speak Italian. But anyway, that wine 777 00:42:38,340 --> 00:42:40,830 generally speaking, when you ever see one, especially on a 778 00:42:40,830 --> 00:42:45,270 wine list, tends to be usually well priced. And that they'll 779 00:42:45,300 --> 00:42:47,940 they'll get some respect from the wine stores, if you know 780 00:42:47,940 --> 00:42:50,820 what that wine is. And I've never really had a bad one. 781 00:42:51,150 --> 00:42:54,120 And he'll get laid for sure. Right? Because he'll impress. 782 00:42:55,110 --> 00:42:57,840 And they're, you know, you can get them for 20 bucks. And 783 00:42:57,840 --> 00:42:59,070 they're very tasty. But I 784 00:42:59,070 --> 00:43:03,510 tell you, you remember, earlier, I think it was neighbours last 785 00:43:03,510 --> 00:43:07,800 week, YouTube went down for two hours because Pakistan blocked? 786 00:43:08,130 --> 00:43:11,190 You know, I never followed up on that to find out what happened. 787 00:43:11,190 --> 00:43:14,820 How did that how did Pakistan by blocking YouTube actually bring 788 00:43:14,820 --> 00:43:15,750 down the system? 789 00:43:15,899 --> 00:43:20,039 Well, I can't explain that part. But I will tell you this, the 790 00:43:20,039 --> 00:43:23,699 Dutch press is and I'll just say that, in general is claiming 791 00:43:23,729 --> 00:43:27,989 that the reason that happened is I think I've told you about the 792 00:43:28,019 --> 00:43:32,279 anti anti Qur'an movie that this Dutch politician is planning on. 793 00:43:32,849 --> 00:43:36,449 planning on releasing. We blogged it out. Right, that's 794 00:43:36,449 --> 00:43:40,169 exactly right wielders. His name feared fielder's A is from the 795 00:43:40,199 --> 00:43:46,319 PVV party or the party of something freedom. And the So 796 00:43:46,349 --> 00:43:50,549 the story is, is that they shut off YouTube because they thought 797 00:43:50,549 --> 00:43:53,759 that he was going to release this week and they they blocked 798 00:43:53,759 --> 00:43:57,329 all traffic. And they intended to apparently only block traffic 799 00:43:57,329 --> 00:44:03,659 from from wherever that guy's wherever he was going to upload 800 00:44:03,659 --> 00:44:06,269 or something like that. But essentially, it was there 801 00:44:06,269 --> 00:44:09,569 claiming that it was the reason they shut it down. Is because of 802 00:44:09,569 --> 00:44:11,219 this movie. They thought it was coming out. 803 00:44:13,560 --> 00:44:15,960 Well, how did they met? You know that it's just like a cheap 804 00:44:15,960 --> 00:44:20,160 bunch of Christmas tree light bulbs. You're the internet. I'm 805 00:44:20,160 --> 00:44:20,550 telling you. 806 00:44:20,580 --> 00:44:25,620 Well, if you ever been to Dubai, as an example, I went to Dubai. 807 00:44:26,580 --> 00:44:32,160 The three of us stayed at that ghastly hotel, the boiler up the 808 00:44:32,160 --> 00:44:35,790 big one. Yeah. Which is great for a day and a half. But we 809 00:44:35,790 --> 00:44:38,670 booked it for like a week and we were just bored stiff. But 810 00:44:38,670 --> 00:44:43,530 anyway. Really, it has nothing to do. There's nothing to do 811 00:44:43,530 --> 00:44:49,770 except. Yeah, good, good food. I will say good food. But anyway, 812 00:44:50,430 --> 00:44:54,720 you know, so you get internet access in the room. And you 813 00:44:54,720 --> 00:44:57,030 know, and I couldn't get to a whole bunch of sites and you 814 00:44:57,030 --> 00:44:59,970 know, I asked a couple people I start to investigate a bit and 815 00:45:00,000 --> 00:45:03,420 You know, for Dubai, there really is like a big gateway. 816 00:45:03,720 --> 00:45:06,960 And it goes through one huge router, I guess. And there 817 00:45:06,960 --> 00:45:10,830 probably is only one ISP there anyway. And they determine what 818 00:45:10,830 --> 00:45:13,440 you can and cannot go to and can and cannot see. 819 00:45:14,639 --> 00:45:17,609 Yeah, I know they do that. And in the Middle East a lot I'm 820 00:45:17,609 --> 00:45:23,729 always checking with, I have some associates that are in 821 00:45:23,729 --> 00:45:27,209 Dubai and elsewhere, I have a guy in China. And I'm always 822 00:45:27,209 --> 00:45:31,289 asking to make sure that the divorce.org/blog is showing up, 823 00:45:31,289 --> 00:45:33,629 because I'm always concerned about it, because we were cut 824 00:45:33,629 --> 00:45:36,839 off in the Middle East, but two years ago for a month or two. 825 00:45:36,839 --> 00:45:40,019 And I always felt it was because we have a lot of critical 826 00:45:40,019 --> 00:45:43,469 articles about you know, terrorism. And I thought maybe 827 00:45:43,469 --> 00:45:47,009 that was a bit turned out to be. I forgot what the reason was, 828 00:45:47,009 --> 00:45:50,339 but it was some some minor thing that was fixable, and it got 829 00:45:50,339 --> 00:45:51,479 fixed. And we're back up. 830 00:45:51,959 --> 00:45:57,689 I'm always quite proud when we've, we've been at banks many 831 00:45:57,689 --> 00:46:03,209 times in these types of legal and financial offices. And I'm 832 00:46:03,209 --> 00:46:05,909 always quite happy when you know, you can't get to YouTube. 833 00:46:05,909 --> 00:46:08,879 You can't get to MySpace can't get to Facebook, but pod show 834 00:46:08,879 --> 00:46:11,249 pops up quite happily. You know, it's really cool. 835 00:46:11,910 --> 00:46:15,330 Yeah, no, that's i You never know why they're cutting these 836 00:46:15,330 --> 00:46:18,300 various sites off. I mean, what's what, what's 837 00:46:18,570 --> 00:46:22,200 the I would, I would say the video clip of TSA gangsters 838 00:46:22,500 --> 00:46:26,430 would be one reason for it to be cut off. That's the one I showed 839 00:46:26,430 --> 00:46:27,240 you in the office. 840 00:46:27,570 --> 00:46:34,320 Yeah, yeah, that would be bad. But but the Facebook, I mean, 841 00:46:34,320 --> 00:46:35,370 what's No, no, no, 842 00:46:35,399 --> 00:46:39,179 because it's a time waster. That's why people just sit there 843 00:46:39,179 --> 00:46:43,469 all day Facebooking. Well, maybe I can see it. Yeah, I know you 844 00:46:43,469 --> 00:46:46,139 don't have or maybe I have a Facebook account. Really, the 845 00:46:46,139 --> 00:46:48,629 only reason I have it is so that that's the oh my god, my 846 00:46:48,629 --> 00:46:50,939 daughter doesn't do email anymore, which is very 847 00:46:50,939 --> 00:46:54,299 interesting. Now, Facebook has its own email messaging system. 848 00:46:54,689 --> 00:46:57,419 And so you can either write something on each other's wall, 849 00:46:57,419 --> 00:47:01,439 which is kind of like a public posting place. Or you can send 850 00:47:01,439 --> 00:47:03,869 email and she if I send her email, she I know her email 851 00:47:03,869 --> 00:47:06,239 address, she just doesn't respond if I send her a Facebook 852 00:47:06,239 --> 00:47:08,909 message. And then to hers are protected environment, right, 853 00:47:08,909 --> 00:47:12,119 she can kick anyone off. She all she only receives messages from 854 00:47:12,119 --> 00:47:14,819 people she wants. And if someone wants, it's very interesting 855 00:47:14,819 --> 00:47:17,849 this if someone wants to send her a message, and then they 856 00:47:17,849 --> 00:47:20,669 have to friend her first. And you have to either get give a 857 00:47:20,699 --> 00:47:23,279 good enough reason or she has to know them. And then you can 858 00:47:23,339 --> 00:47:25,979 receive the messaging so I was 859 00:47:25,980 --> 00:47:29,970 any different than AOL messenger, MSN Messenger, or aim 860 00:47:29,970 --> 00:47:32,310 or whatever these other I am systems on, that's the 861 00:47:32,310 --> 00:47:33,120 difference. Well, the 862 00:47:33,120 --> 00:47:36,420 only No, there's no difference, except that obviously, the email 863 00:47:36,540 --> 00:47:39,960 client that's built into Facebook, you know, has email 864 00:47:39,960 --> 00:47:43,320 type properties, you know, I am kind of scrolls and it's gone. 865 00:47:43,320 --> 00:47:45,750 And if you log out, you may not be able to see your previous 866 00:47:45,780 --> 00:47:49,260 messages that were incoming. So it has more of a permanent 867 00:47:49,380 --> 00:47:52,140 message structure and and you know, the 868 00:47:52,560 --> 00:47:57,330 Skype with Skype, Skype is smart. Yeah, yeah. But you can 869 00:47:57,360 --> 00:47:59,790 click on something and get all the messages you've ever sent to 870 00:47:59,790 --> 00:48:00,630 that Yeah, but 871 00:48:00,630 --> 00:48:06,240 it's it's not good enough for for structured following threads 872 00:48:06,240 --> 00:48:08,760 and stuff. And you know, you'll you'll miss things and there's 873 00:48:08,790 --> 00:48:11,430 always idiots you don't want to read their stuff and maybe miss 874 00:48:11,430 --> 00:48:15,780 something. And Brad and I, it's not quite the same in the Email 875 00:48:15,780 --> 00:48:19,410 Archive structure is just different than than I am. But I 876 00:48:19,410 --> 00:48:22,770 do like Skype when you reconnected if someone's Of 877 00:48:22,770 --> 00:48:25,410 course, sometimes it's confusing, you know, reconnect 878 00:48:25,410 --> 00:48:29,340 after a 10 hour plane flight, and then blue blue blue ball 879 00:48:29,340 --> 00:48:32,340 these messages come in, I'm like, Oh, let me look for that 880 00:48:32,340 --> 00:48:34,710 document. And it turns out they sent the message you know, 15 881 00:48:34,710 --> 00:48:35,730 hours earlier 882 00:48:36,090 --> 00:48:39,900 Yeah, that well, that's like the the Verizon messaging system 883 00:48:39,900 --> 00:48:42,480 every once in awhile, I get a message a text message from you. 884 00:48:42,480 --> 00:48:43,440 That's like two days, 885 00:48:43,440 --> 00:48:46,440 two days old that believe me, that's AT and T and Verizon, 886 00:48:46,440 --> 00:48:50,280 dude, I'm sorry, 18 t, right. at&t is lame. That way. 887 00:48:50,340 --> 00:48:52,920 It's very inconsistent. Sometimes it's like bang, bang, 888 00:48:52,920 --> 00:48:55,560 bang, you can actually have an almost like an im conversation 889 00:48:55,560 --> 00:48:58,710 with somebody would do a text messages. And then sometimes it 890 00:48:58,710 --> 00:49:00,090 just never show up for days, like 891 00:49:00,090 --> 00:49:03,720 gears that guarantee delivery, which of course, what SMS really 892 00:49:03,720 --> 00:49:07,320 is, you know, is built on, you could even get a delivery 893 00:49:07,320 --> 00:49:10,710 notification report automatically the system is set 894 00:49:10,710 --> 00:49:13,020 up for that I think most carriers will let you do that. 895 00:49:13,710 --> 00:49:16,470 It's very disconcerting to me that, you know, I'm totally 896 00:49:16,470 --> 00:49:20,430 thinking I sent you a message. I think it was a back and forth. 897 00:49:20,430 --> 00:49:24,210 We had one or two messages. And then I didn't hear from you, you 898 00:49:24,210 --> 00:49:27,930 know, I'm like, oh, and it's worrisome. And now that I know 899 00:49:27,930 --> 00:49:30,600 that these messages sometimes just don't arrive. You know, my 900 00:49:30,600 --> 00:49:32,430 trust is kind of waning on it. 901 00:49:34,170 --> 00:49:37,560 Ya know, it's disconcerting, to say the least. And it's like, 902 00:49:37,560 --> 00:49:40,260 you know, and what's weird about sometimes you get like, the one 903 00:49:40,260 --> 00:49:42,930 I think I got the last one from you. And try they sent you some 904 00:49:42,930 --> 00:49:44,880 messages. I never heard back and figured they're just the same 905 00:49:44,880 --> 00:49:49,050 thing. Last I'm sure. Yeah. So I got this message. That was all 906 00:49:49,050 --> 00:49:51,750 call me now. You know, it's like some comment. What do you want 907 00:49:51,750 --> 00:49:54,780 me to call in for you know, it's like 10 at night on Thursday. 908 00:49:55,140 --> 00:49:58,530 And so I'm looking at it and I read and I track it. It's like a 909 00:49:58,530 --> 00:50:00,720 message it was sent two days early. Yeah, 910 00:50:01,530 --> 00:50:05,160 sucks that I'm sure you know, the big problem with 18 T is 911 00:50:05,160 --> 00:50:09,930 roaming internationally, my voicemail never works. You know. 912 00:50:09,930 --> 00:50:12,840 So when I'm over in the UK, if you call him and I, it doesn't 913 00:50:12,840 --> 00:50:15,270 matter because I don't care about voicemail, and actually 914 00:50:15,270 --> 00:50:20,370 I'm quite happy, it doesn't work. But what you get is the 915 00:50:20,370 --> 00:50:23,280 caller you've called is unavailable, please or you've 916 00:50:23,280 --> 00:50:26,280 not even that it's like, please enter mailbox number. 917 00:50:27,540 --> 00:50:30,450 I don't know what the mailbox number. I mean, 918 00:50:31,830 --> 00:50:33,180 it's horrible. I know, 919 00:50:33,180 --> 00:50:35,220 I've heard that because I call you every once awhile on the 920 00:50:35,220 --> 00:50:38,730 phone when you're over there, because you have a local number 921 00:50:38,730 --> 00:50:41,760 in the Bay Area. So I'll call it and again, I'll get like gather 922 00:50:41,760 --> 00:50:44,430 the guy's not here, enter mailbox numbers 923 00:50:44,430 --> 00:50:47,040 of what, just punch it in, see what you get, 924 00:50:47,520 --> 00:50:50,850 you get nothing. And then I've done it. And then you get into 925 00:50:50,880 --> 00:50:53,280 the other the alternative message with somebody that deep 926 00:50:53,280 --> 00:50:57,510 British accent says, enter the phone number to which you'd like 927 00:50:57,510 --> 00:50:59,700 to send a message. So you have to read down the number which I 928 00:50:59,700 --> 00:51:03,300 don't usually know because on speed dial the number and the 929 00:51:03,300 --> 00:51:06,750 address book being you know, because that's the way most 930 00:51:06,750 --> 00:51:09,210 people use cell phones. Now that you have the numbers in the UK, 931 00:51:09,210 --> 00:51:12,540 you'd have to scramble around to get the number, which you can't 932 00:51:12,540 --> 00:51:15,690 do without hanging up generally. Yeah. And so it's like, 933 00:51:16,710 --> 00:51:20,340 on your Nokia II 61, you have you can actually you just hit 934 00:51:20,340 --> 00:51:21,900 the Address Book button. 935 00:51:23,910 --> 00:51:28,680 The button there at the on the one I have the where the address 936 00:51:28,680 --> 00:51:31,320 book, but normally is I suppose I can scroll to it somehow. But 937 00:51:31,320 --> 00:51:33,690 it's normally it turns over the loudspeaker on and off being 938 00:51:34,260 --> 00:51:37,680 you can reconfigure those buttons. So that until I 939 00:51:38,100 --> 00:51:41,190 would think didn't need to next, but you're 940 00:51:41,190 --> 00:51:43,680 hitting the wrong one in the middle, you have your joystick 941 00:51:43,680 --> 00:51:46,500 and then you have two little buttons to the left and to the 942 00:51:46,500 --> 00:51:50,100 right of the joystick. So the one to the furthest left is 943 00:51:50,100 --> 00:51:53,640 little addressbook icon. I think that one is you can't even 944 00:51:53,640 --> 00:51:55,710 reprogram it. So you should be able to hit that one you 945 00:51:55,710 --> 00:51:57,210 probably have the other 946 00:51:57,480 --> 00:52:01,530 this for an idea. They should fix their crappy system. Why 947 00:52:01,530 --> 00:52:03,870 should they put all the work on me? I'm not their accountant. 948 00:52:05,550 --> 00:52:09,870 Dude, speaking of which, you know, I had my my typical 949 00:52:09,870 --> 00:52:14,670 Saturday morning. Not bagel, as Leo incorrectly said, but I was 950 00:52:14,670 --> 00:52:18,060 you know, kicking back drinking some tea reading the Financial 951 00:52:18,060 --> 00:52:22,230 Times, man, you know, I'm you may, I'm sure you're aware of 952 00:52:22,230 --> 00:52:25,140 it. But, you know, having been in the States for two weeks, 953 00:52:25,140 --> 00:52:28,650 it's just, you know, it's it's not common knowledge. But this 954 00:52:28,650 --> 00:52:31,320 problem with the banking system, which of course is all about 955 00:52:31,320 --> 00:52:36,180 credit and debt, you know, that that's what banking is. Every 956 00:52:36,180 --> 00:52:40,680 single bank in Europe is now throwing out these huge write 957 00:52:40,680 --> 00:52:45,120 offs, you know, 2 billion here 2 billion in, in Switzerland. You 958 00:52:45,120 --> 00:52:48,270 know, of course, it was a problem with with Francis. So at 959 00:52:48,300 --> 00:52:52,200 General. It was yeah, there were there's totally toasted 960 00:52:52,260 --> 00:52:55,650 but but the rogue trading, it's all the same stuff. What I think 961 00:52:55,650 --> 00:52:59,640 is happening, John, is the it because it's not like, Oh, this 962 00:52:59,640 --> 00:53:02,880 is because of just bad, you know, mortgages, subprime 963 00:53:02,880 --> 00:53:06,360 mortgages, this is much, much deeper. All these guys are 964 00:53:06,360 --> 00:53:09,870 fucked up, everyone's been lying, then they figured we 965 00:53:09,870 --> 00:53:12,000 might as well throw it all out now. Because of course, they're 966 00:53:12,000 --> 00:53:15,330 discovering this stuff. And whether it's a rogue trader, 967 00:53:15,450 --> 00:53:19,290 they're all and they're popping it everywhere, man. It's unreal, 968 00:53:19,290 --> 00:53:22,440 every single Royal Bank of Scotland, you know, huge 969 00:53:22,440 --> 00:53:26,070 billions of pounds of write down. Every one is just taking 970 00:53:26,100 --> 00:53:30,270 on let's get rid of it. CEOs are resigning, getting fired left 971 00:53:30,270 --> 00:53:32,940 and right. It is pandemonium. 972 00:53:34,140 --> 00:53:37,260 And I was looking at fact, I was looking at some bank stocks 973 00:53:37,260 --> 00:53:39,990 thinking that I knew this was coming. I was thinking maybe 974 00:53:39,990 --> 00:53:43,230 there's some good, you know, put some calls here puts mainly to 975 00:53:43,260 --> 00:53:49,650 you know, and these guys are it's already done. I mean, UBS, 976 00:53:49,650 --> 00:53:51,630 you know, the one of the biggest banks in Switzerland is already 977 00:53:51,630 --> 00:53:54,510 down by 50%. And how much further down? Is it gonna go? 978 00:53:54,510 --> 00:53:57,600 These stocks are all getting pounded. It's amazing. 979 00:53:57,720 --> 00:54:00,180 So what's happening now and I predicted this on one of our 980 00:54:00,180 --> 00:54:04,170 first shows, the sovereign wealth funds are bailing all 981 00:54:04,170 --> 00:54:07,710 these guys out. And what's happening is, it's a much much 982 00:54:07,710 --> 00:54:11,790 cheaper now to go raise some and not just cheaper, and we'll get 983 00:54:11,790 --> 00:54:15,300 to another one of your favourite topics. It's much easier to go 984 00:54:15,300 --> 00:54:18,600 raise money from the sovereign wealth funds, which are now in 985 00:54:18,600 --> 00:54:22,470 the two to $3 trillion range of how much money is out there. 986 00:54:22,470 --> 00:54:26,520 This is China. This is the Middle East. It's a you know 987 00:54:26,550 --> 00:54:28,200 that that that kind of money? 988 00:54:28,590 --> 00:54:31,500 And where waves back up and say it makes it was saw I don't I 989 00:54:31,530 --> 00:54:34,080 don't know why. But I haven't heard this term. What does it 990 00:54:34,080 --> 00:54:37,860 mean? Like private equity companies that are Whoa, no, 991 00:54:37,860 --> 00:54:42,180 no, it's so the country puts a fund together a sovereign 992 00:54:42,180 --> 00:54:48,000 country like China. Yes, Dubai and China. They literally set up 993 00:54:48,000 --> 00:54:51,480 a fund and you can imagine a country you know, you can get a 994 00:54:51,480 --> 00:54:54,840 trillion bucks together pretty quickly if you're China. And 995 00:54:54,840 --> 00:54:58,380 they are now investing in every single one of these banks. So 996 00:54:58,380 --> 00:55:01,920 all these banks are doing a missions Okay, and and what's 997 00:55:01,920 --> 00:55:07,320 turning out is it's much more cost effective and much, much 998 00:55:07,350 --> 00:55:12,090 easier. Of course, with Sarbanes Oxley than doing an IPO in the 999 00:55:12,090 --> 00:55:17,250 US in the UK. Now, this non domiciled tax issue, along with 1000 00:55:17,250 --> 00:55:20,700 some other taxation, things that are changing is literally in the 1001 00:55:20,700 --> 00:55:25,290 Financial Times today being called the Sarbanes Oxley of the 1002 00:55:25,290 --> 00:55:29,250 City of London. So now all these banks that need the dough, 1003 00:55:29,550 --> 00:55:32,130 because you know, that's really what these IPOs are about 1004 00:55:32,130 --> 00:55:34,770 raising money is all about, they're all going to take money 1005 00:55:34,770 --> 00:55:38,490 from China. I mean, we're owned we're biatch is, man, it's, it's 1006 00:55:38,490 --> 00:55:39,150 crazy. 1007 00:55:40,860 --> 00:55:42,540 What's funny about it is that, you know, this is worse, 1008 00:55:42,540 --> 00:55:46,080 privatisation always ends up some other government instead, 1009 00:55:46,080 --> 00:55:48,930 instead of your railroads being owned by your government and 1010 00:55:48,930 --> 00:55:52,200 controlled by the locals. They get privatised, and then the 1011 00:55:52,200 --> 00:55:54,150 next thing you know they're owned by China. Yeah, well, 1012 00:55:54,150 --> 00:55:54,570 Heathrow 1013 00:55:54,570 --> 00:55:57,630 is already you know, the BAA British airport, whatever it is, 1014 00:55:57,630 --> 00:56:03,300 is owned by a Spanish company. You know it's a it's it's not 1015 00:56:04,290 --> 00:56:08,010 it's absolutely not and I think this is it's just starting you 1016 00:56:08,010 --> 00:56:10,650 know, but you're not seeing the headlines I'm sure of it in the 1017 00:56:10,650 --> 00:56:13,200 US you're not seeing the headlines you know, 1018 00:56:13,200 --> 00:56:16,500 they don't we you know, the problem with Yeah, we don't get 1019 00:56:16,890 --> 00:56:20,400 the right news feed generally speaking as a country we're you 1020 00:56:20,400 --> 00:56:23,610 know, because our local reporters or their local media 1021 00:56:23,640 --> 00:56:26,370 and local meaning you know, like the New York Times Washington 1022 00:56:26,370 --> 00:56:30,810 Post any of them they just don't know what they're thinking in 1023 00:56:30,810 --> 00:56:33,360 the in the editorial meetings you know, they in a newsroom you 1024 00:56:33,360 --> 00:56:37,920 have a big meeting every day of all the talk you know, the city 1025 00:56:37,920 --> 00:56:40,140 desk editors and all these guys get together around a big table 1026 00:56:40,140 --> 00:56:42,270 with the editor in chief and they start calling out what the 1027 00:56:42,270 --> 00:56:45,330 paper is going to look like for that next edition. You know 1028 00:56:45,330 --> 00:56:47,490 what's going to be on the front page and what's hot and what's 1029 00:56:47,490 --> 00:56:51,210 not what's what's coming up. And they make the decisions in that 1030 00:56:51,210 --> 00:56:54,510 room. And I don't know what if there what because 1031 00:56:54,540 --> 00:56:57,390 it because it look a lot of Brittany's 1032 00:56:57,390 --> 00:57:01,350 always Britney in the new day go Britney Clemens you think Roger 1033 00:57:01,350 --> 00:57:04,350 Clemens is it is using steroids? Can we run that in front? If it 1034 00:57:04,350 --> 00:57:04,680 leads 1035 00:57:04,680 --> 00:57:09,600 it bleeds baby? You know the rule? Well, leading Yeah, if it 1036 00:57:09,600 --> 00:57:11,520 bleeds, it leads fucked it up. 1037 00:57:12,240 --> 00:57:13,110 That same thing. 1038 00:57:14,970 --> 00:57:17,640 But I am a little bit hurt that you had never heard the term 1039 00:57:17,640 --> 00:57:20,910 sovereign wealth fund because I remember I had this whole rap 1040 00:57:20,910 --> 00:57:21,810 about it. You laugh. 1041 00:57:22,230 --> 00:57:25,260 Yeah. But that's because this what you were so deeply into 1042 00:57:25,260 --> 00:57:28,560 something rather than tell you to stop. 1043 00:57:28,590 --> 00:57:30,870 This is the one. Yeah, well, now 1044 00:57:30,870 --> 00:57:34,830 I'm more interested. Hey, John. It's timing. Hello, me. 1045 00:57:34,950 --> 00:57:38,880 All right. Thanks. A lie. Powell. Timing. Oh, you're so 1046 00:57:38,880 --> 00:57:41,310 happy when you're calling something earlier? Isn't that? 1047 00:57:41,520 --> 00:57:45,000 Isn't that what journalists? Do? I well, I said this in 1912. And 1048 00:57:45,450 --> 00:57:48,270 was right at a lot of people do that constantly. It's very 1049 00:57:48,270 --> 00:57:52,230 annoying to do that. You've never done it. I've rarely do 1050 00:57:52,230 --> 00:57:52,350 it. 1051 00:57:52,740 --> 00:57:56,070 Constantly. What are you talking about? You always say you Oh, 1052 00:57:56,070 --> 00:57:59,100 will you put it differently, though. But you'll say I wrote 1053 00:57:59,100 --> 00:58:01,500 about this six months in my MarketWatch column. John, you 1054 00:58:01,500 --> 00:58:02,880 always say these things. 1055 00:58:03,030 --> 00:58:11,370 I only say it to for clarification. You're killing 1056 00:58:11,370 --> 00:58:15,240 me, baby. You're telling me I always ever clarification or to 1057 00:58:15,240 --> 00:58:18,060 assure someone that I you know, because I made me part of a 1058 00:58:18,060 --> 00:58:20,880 premise. It's got nothing to do with the boys the most of these 1059 00:58:20,880 --> 00:58:27,240 guys do. It was? Well, I was right again. Last week, don't 1060 00:58:27,240 --> 00:58:31,020 write another column this week. And here it is. Listen to this. 1061 00:58:31,530 --> 00:58:34,020 Adam and Devorah acts as a message for you guys. Because 1062 00:58:34,020 --> 00:58:37,710 Motown for actually is stuff still made in America. It's hard 1063 00:58:37,710 --> 00:58:41,880 to find. But it's there. There's a fantastic television programme 1064 00:58:41,880 --> 00:58:44,280 on the Travel Channel on the shores travel channel. It's 1065 00:58:44,280 --> 00:58:47,700 called John racks and burgers made in America. 1066 00:58:47,730 --> 00:58:49,380 Have you seen that? I haven't seen that show. 1067 00:58:50,910 --> 00:58:53,790 You know, I think I may have seen it a couple of times. It's 1068 00:58:53,790 --> 00:58:56,010 mostly about candy manufacturing. If I'm not 1069 00:58:56,010 --> 00:58:56,490 mistaken, 1070 00:58:56,520 --> 00:59:00,030 I've been keeping my eye on it. And so first of all, I did come 1071 00:59:00,030 --> 00:59:03,720 up with something that is iconic although completely unimportant 1072 00:59:03,720 --> 00:59:07,770 for gross domestic product, you know, they we still make Harley 1073 00:59:07,770 --> 00:59:08,490 Davidson 1074 00:59:10,710 --> 00:59:12,930 Yeah, and you know that that would have been by the way for 1075 00:59:12,930 --> 00:59:15,240 you investors out there would have been a great investment 1076 00:59:15,240 --> 00:59:17,970 during their the period of time when they were about to go out 1077 00:59:17,970 --> 00:59:18,540 of business 1078 00:59:18,570 --> 00:59:21,570 when they were AML points. Remember that when they change a 1079 00:59:21,570 --> 00:59:24,720 void company or something? That was horrible. They made shitty 1080 00:59:24,720 --> 00:59:28,950 bikes like a sports or you know a motorcycle guy. I used to have 1081 00:59:28,950 --> 00:59:30,990 a bike and remember the Sportsters 1082 00:59:31,500 --> 00:59:33,630 Yeah, I didn't think they were that bad. They were fine if you 1083 00:59:33,630 --> 00:59:38,010 if you put you know, the teardrop tank in a nice seat and 1084 00:59:38,010 --> 00:59:38,760 everything. Yeah, you could 1085 00:59:38,760 --> 00:59:41,790 customise them all right. Yeah. I'm more of a fat boy type guy. 1086 00:59:42,240 --> 00:59:47,910 You like those big? Yeah, dogs as they like to call that all 1087 00:59:47,910 --> 00:59:49,710 the Okay. The hog was 1088 00:59:49,710 --> 00:59:53,520 awesome. Here's the here's another thing to add a little 1089 00:59:53,520 --> 00:59:58,650 bit to thought we were talking about last week. iAds that's the 1090 00:59:59,310 --> 01:00:02,970 company that makes Airbus, right, they would just show you 1091 01:00:02,970 --> 01:00:07,530 read this that they were award awarded a 58 and a 35 billion 1092 01:00:07,530 --> 01:00:14,460 pound contract to create super tankers for the US. forces over 1093 01:00:14,460 --> 01:00:19,380 both tankers. Yeah. Over Boeing. So for going out, yeah, 35 1094 01:00:19,380 --> 01:00:21,120 billion pounds. So it's $70 billion. 1095 01:00:22,320 --> 01:00:26,760 what that's all about? Why are we buying European products from 1096 01:00:26,760 --> 01:00:29,160 the United States when they're obviously overpriced because of 1097 01:00:29,160 --> 01:00:32,430 the value of the dollar? Doesn't make any sense? Makes 1098 01:00:32,430 --> 01:00:35,910 no sense. I totally. So it has to be politics. It's got to be 1099 01:00:35,940 --> 01:00:36,810 some real politics. 1100 01:00:36,810 --> 01:00:38,820 There's got to be corruption. There's no reason for this kind 1101 01:00:38,820 --> 01:00:42,000 of idea. We should be buying only Boeing products. The value 1102 01:00:42,000 --> 01:00:45,090 of the dollar, it cost a buck 50 To buy a Euro now 1103 01:00:45,570 --> 01:00:48,960 151 lowest ever in history, 1104 01:00:49,229 --> 01:00:53,339 the lowest of the dollar ever. Yes. Yeah. lowest value of the 1105 01:00:53,339 --> 01:00:56,939 dollar in history. Yeah. And so now we're buying European 1106 01:00:56,939 --> 01:00:59,519 products with that low dollar and we got a company called 1107 01:00:59,519 --> 01:01:00,059 Boeing. 1108 01:01:00,090 --> 01:01:03,180 This is a fucking Yeah, this doesn't make any sense. I 1109 01:01:03,180 --> 01:01:05,850 haven't read the article yet. But I'll look into it and find 1110 01:01:05,850 --> 01:01:08,280 out what's going on. Someone pulled a boner on that one. I 1111 01:01:08,280 --> 01:01:11,160 agreed the US should be outraged. It's for our own 1112 01:01:11,610 --> 01:01:13,770 military industrial complex. 1113 01:01:14,010 --> 01:01:16,320 It doesn't make sense. I'm gonna have to start blogging, you know 1114 01:01:16,320 --> 01:01:17,640 what it could be a write it up. 1115 01:01:17,669 --> 01:01:22,259 Maybe it's maybe it's what we call a veto godmother, or an 1116 01:01:22,259 --> 01:01:27,929 otherwise kind of a makeup for. For you remember, there was the 1117 01:01:27,929 --> 01:01:35,969 big dispute about government subsidy for the creation of the 1118 01:01:35,969 --> 01:01:39,359 big, you know, the new Airbus. And Boeing in the US said, Well, 1119 01:01:39,359 --> 01:01:41,279 you know, we're still going to support Boeing, and they had 1120 01:01:41,279 --> 01:01:43,589 that whole anti competitive thing, and everyone was pissed 1121 01:01:43,589 --> 01:01:47,099 off about it, because, you know, countries aren't supposed to 1122 01:01:47,099 --> 01:01:51,239 support their, their air, aircrew, aircraft manufacturers. 1123 01:01:51,359 --> 01:01:52,949 Does that ring any bells with you? 1124 01:01:53,220 --> 01:01:56,130 Yeah, vaguely. But you know, there's always there's been a 1125 01:01:56,160 --> 01:02:00,060 bone of contention on both sides for since the beginning of this 1126 01:02:00,060 --> 01:02:00,420 law. 1127 01:02:00,780 --> 01:02:02,550 What I'm saying is, maybe they let them have it, maybe they 1128 01:02:02,550 --> 01:02:04,800 said, here, you guys take that and we'll take something else 1129 01:02:04,800 --> 01:02:08,010 maybe there was that kind of a scale of deal on the in the bad, 1130 01:02:08,010 --> 01:02:08,130 they 1131 01:02:08,130 --> 01:02:10,500 may have done a deal where, you know, we bought a bunch of their 1132 01:02:10,500 --> 01:02:12,570 crap and then they bought a bunch of ours. So this reminds 1133 01:02:12,570 --> 01:02:15,420 me of like the freeway around here, I'm, you know, the freeway 1134 01:02:15,420 --> 01:02:18,570 traffic in the Bay Area has gotten so bad. I, you know, I go 1135 01:02:18,570 --> 01:02:23,160 to San Francisco in the morning, and it's crowded, I actually in 1136 01:02:23,160 --> 01:02:26,250 the afternoons even worse, like if I want to go to San Francisco 1137 01:02:26,250 --> 01:02:28,380 at three o'clock, it's just as hard to get there as it is an 1138 01:02:28,380 --> 01:02:31,230 eight in the morning. And I'm looking I'm seeing traffic stop 1139 01:02:31,230 --> 01:02:35,700 dead at three or four or five in the in the afternoon, going both 1140 01:02:35,700 --> 01:02:39,360 ways. So obviously, people are commuting in both directions at 1141 01:02:39,360 --> 01:02:42,150 the same time. Why don't they just move to the other location? 1142 01:02:42,570 --> 01:02:45,420 It just you know, it just something about the riddle, you 1143 01:02:45,420 --> 01:02:48,210 know, this, like, this guy's coming to San Francisco to come 1144 01:02:48,210 --> 01:02:51,090 over to here to work. And I'm going from here over to San 1145 01:02:51,090 --> 01:02:54,870 Francisco. Why don't we just change houses? So I swapped 1146 01:02:54,870 --> 01:02:56,100 derivative, a swap 1147 01:02:56,610 --> 01:03:00,330 swap? So that's when I'm possibly this is what's going on 1148 01:03:00,330 --> 01:03:03,840 with this plane deal. But it's still you know, it shouldn't be 1149 01:03:03,900 --> 01:03:04,470 it's wrong. 1150 01:03:04,500 --> 01:03:11,280 It's wrong. Yeah. You were harping most of the past two 1151 01:03:11,280 --> 01:03:15,510 weeks that I was in the office about and I've heard you on a 1152 01:03:15,510 --> 01:03:20,400 couple of other shows talking about you know, the nearly Smith 1153 01:03:20,400 --> 01:03:27,120 Cruz who of course is the EU competition gurus are and you 1154 01:03:27,120 --> 01:03:30,810 know how Microsoft of course received this you know, billion 1155 01:03:30,810 --> 01:03:34,800 dollar more than billion dollar fine it's pronounced namely 1156 01:03:34,800 --> 01:03:38,490 right? It's nearly that's her first name. And her last name is 1157 01:03:38,520 --> 01:03:41,340 Neely I guess that's one daily daily daily daily, 1158 01:03:41,700 --> 01:03:45,720 like me like like it was like a nail her only daily. And then 1159 01:03:46,200 --> 01:03:51,570 Smith Cruz is hyphenated, so it's Sierra Mike India. Tango 1160 01:03:51,570 --> 01:03:57,270 Smit. Crews are at Summit summit cruise crews. And that's kilo 1161 01:03:57,300 --> 01:04:03,300 kilo Romeo. Oscar Echo Sierra Smith crew daily submit crews 1162 01:04:03,600 --> 01:04:09,090 try the crews with a rolling our crews nearly Smith crews not to 1163 01:04:09,090 --> 01:04:12,210 don't put that in there. It's nearly Smith crews. Sorry. I 1164 01:04:12,210 --> 01:04:14,640 blew it. I'm trying to help you now. You'll get there. It's 1165 01:04:14,640 --> 01:04:14,940 quite 1166 01:04:15,840 --> 01:04:19,920 late nearly Schmidt. I keep wanting to say Sherman. No she's 1167 01:04:19,920 --> 01:04:22,320 not MIT Cruz. 1168 01:04:22,830 --> 01:04:25,620 Yeah, but But you got to connect the Smith crews into kind of 1169 01:04:25,620 --> 01:04:29,670 like why and the Smith crews There you go. Fantastic. The 1170 01:04:29,670 --> 01:04:30,720 crowd goes while 1171 01:04:32,010 --> 01:04:37,170 I work on it. But anyway, so namely, was a couple articles 1172 01:04:37,170 --> 01:04:41,550 and one of the things I was I didn't quite right or rave 1173 01:04:41,550 --> 01:04:46,140 about. Ro rave about was the fact that I was reading an 1174 01:04:46,140 --> 01:04:48,900 article and one of the business journals saying, well, when she 1175 01:04:48,900 --> 01:04:52,710 got the job they expected her to be a pushover and she was like a 1176 01:04:52,710 --> 01:04:55,560 weak person and she was always pro business. So this is a big 1177 01:04:55,560 --> 01:04:58,050 shock to everybody. But meanwhile we had talked about 1178 01:04:58,050 --> 01:05:00,450 her and you always said she was a hard ask them to begin She 1179 01:05:00,450 --> 01:05:05,070 is so I mean, you know, it's she's so hard as it turns me on. 1180 01:05:05,100 --> 01:05:07,200 I feel like I can't help but find her sexy. 1181 01:05:07,710 --> 01:05:11,220 So what is the white? Why was this analysis so wrong by all 1182 01:05:11,220 --> 01:05:14,040 these journalists that keeps saying that she was supposed to 1183 01:05:14,040 --> 01:05:14,970 be a soft touch 1184 01:05:15,000 --> 01:05:18,120 because she's a woman because she's a woman, I'm sure dickhead 1185 01:05:18,120 --> 01:05:21,240 journalist. And they and they didn't do any research into the 1186 01:05:21,240 --> 01:05:24,270 shit. She's She's done a lot of heavy shit. I mean, if you just 1187 01:05:24,690 --> 01:05:29,670 Google her, Hey, journalists, I got an idea, Google. Look for 1188 01:05:29,670 --> 01:05:34,650 some shit. Anyway, my question to you, my friend who actually 1189 01:05:34,650 --> 01:05:36,900 collects that money and where does it go? 1190 01:05:37,530 --> 01:05:40,440 Yeah. Because then she get a piece of it. 1191 01:05:42,000 --> 01:05:46,710 Because the Yeah, obviously, the reason you know, other companies 1192 01:05:46,710 --> 01:05:49,290 were at a disadvantage. So you know, these companies were 1193 01:05:49,290 --> 01:05:51,810 disadvantaged and ultimately, the consumer, of course, is 1194 01:05:51,810 --> 01:05:55,320 disadvantaged. That's why this exists. But where does that 1195 01:05:55,320 --> 01:05:58,290 money go? It's the same thing. Like, I heard that a couple 1196 01:05:58,290 --> 01:06:03,420 record labels are now suing the Ri A, because they want to know 1197 01:06:03,720 --> 01:06:07,680 or not, and record labels, artists and their managers, 1198 01:06:07,830 --> 01:06:10,080 because, you know, they see all this money being collected, you 1199 01:06:10,080 --> 01:06:13,380 know, definitely millions of bucks from infringements and all 1200 01:06:13,380 --> 01:06:15,990 these lawsuits, kids, where's the money going? 1201 01:06:17,160 --> 01:06:19,080 Well, that's a damn good question. Because they 1202 01:06:19,080 --> 01:06:21,660 don't they say they don't see it going down to the artists, you 1203 01:06:21,660 --> 01:06:24,450 know, then they're looking at the statements. Like in your 1204 01:06:24,450 --> 01:06:27,210 where does that money go? Does it go into one big pot? You 1205 01:06:27,210 --> 01:06:29,850 know, and, and then what? You know, who gets it? Does the 1206 01:06:29,850 --> 01:06:33,240 consumer ever really get it? I mean, that's what I want. Well, 1207 01:06:33,240 --> 01:06:34,590 I'd like I'd like to know, 1208 01:06:35,010 --> 01:06:38,490 I'm gonna find out. I got a column, the title, I got the 1209 01:06:38,490 --> 01:06:39,780 column already. Show me. 1210 01:06:40,080 --> 01:06:42,870 Show me the money. I love it. Now you don't have to write it 1211 01:06:42,870 --> 01:06:44,640 now that we have a title. That's so cool. 1212 01:06:44,970 --> 01:06:49,920 That's true. None, it's done. That's a call back for you 1213 01:06:49,920 --> 01:06:53,820 people out there. So here's the story of the week, how much time 1214 01:06:53,820 --> 01:06:54,750 we got left, by the way, 1215 01:06:54,780 --> 01:06:57,750 we have I think we have time for the story of the week. 1216 01:06:58,530 --> 01:07:03,360 So I'm watching a there was a shooting in Berkeley, some black 1217 01:07:03,390 --> 01:07:07,260 policeman shot at black woman who had a knife to somebody's 1218 01:07:07,260 --> 01:07:10,200 throat. And but everybody's up in arms about this, because you 1219 01:07:10,200 --> 01:07:10,590 know, sort of, 1220 01:07:10,950 --> 01:07:13,560 certainly you mean African American, John, 1221 01:07:13,590 --> 01:07:18,630 well, whatever. But but we there was, so they had a big fuss over 1222 01:07:18,630 --> 01:07:20,880 the city council and they were blaming everybody for being a 1223 01:07:20,880 --> 01:07:23,280 bunch of racist, you know, even though the guy was black, I 1224 01:07:23,280 --> 01:07:26,010 don't know. But there was an interesting new term that 1225 01:07:26,010 --> 01:07:28,200 cropped up, and I'm always on the lookout. And I listened to 1226 01:07:28,200 --> 01:07:33,210 like, free speech TV. And I listened to right wing talk 1227 01:07:33,210 --> 01:07:37,290 shows, left wing talk shows, I listen to the extremes to look 1228 01:07:37,290 --> 01:07:39,960 for new buzzwords that they're going to try to slip into the 1229 01:07:39,960 --> 01:07:42,960 public consciousness. So people all of a sudden all start 1230 01:07:42,960 --> 01:07:46,830 thinking along some line of thought. And I'm always reminded 1231 01:07:46,830 --> 01:07:52,560 of Bill Moyers, who gave a speech to a bunch of left wing 1232 01:07:52,560 --> 01:07:56,520 literally left wing journalists at some conference. And he was 1233 01:07:56,520 --> 01:07:58,590 talking about how the Republicans are always making up 1234 01:07:58,590 --> 01:08:02,370 words that they, you know, in terms that you know, they try to 1235 01:08:02,370 --> 01:08:06,480 exploit the dumb Americans. But meanwhile, of course, the 1236 01:08:06,480 --> 01:08:09,270 Democrats do even more of this, you know, with then I mentioned 1237 01:08:09,270 --> 01:08:12,150 to you a couple of my old favourites like gravi TAs and 1238 01:08:12,480 --> 01:08:16,560 truth, truth to power is my old time most recently returned 1239 01:08:16,560 --> 01:08:19,170 power. What does that mean? Truth to 1240 01:08:19,170 --> 01:08:23,040 Power is a term that came up about I first heard it maybe two 1241 01:08:23,040 --> 01:08:27,630 years ago, maybe three years ago. And it is a it doesn't mean 1242 01:08:27,630 --> 01:08:30,030 anything to me. But what is supposed to mean, I think is 1243 01:08:30,030 --> 01:08:36,780 that it's like you tell us, you, you, you, you confront the power 1244 01:08:36,810 --> 01:08:38,910 of what you'd like to present as somebody who's actually the 1245 01:08:38,910 --> 01:08:41,490 power or the CEO of a company with with 1246 01:08:41,489 --> 01:08:45,929 the truth. Truth, right? And that means power. And that 1247 01:08:45,930 --> 01:08:48,690 supposed to do something. I don't know why maybe it's magic. 1248 01:08:48,720 --> 01:08:53,040 It's like it might be maybe makes the guy disappear. Poof. 1249 01:08:53,580 --> 01:08:57,840 So the one I ran into is this woman who was complaining about 1250 01:08:57,840 --> 01:09:02,970 this and she's was defending I guess, the dead woman. And she 1251 01:09:02,970 --> 01:09:07,680 says, she makes it she says the phrase, she says well as a skin 1252 01:09:07,680 --> 01:09:12,600 a privileged white woman. So I heard so as soon as I heard 1253 01:09:12,600 --> 01:09:15,300 this, and I mentioned this in my wetsuit, and she just lit up 1254 01:09:15,300 --> 01:09:18,930 like I did, which is the word the term skin for privileged 1255 01:09:19,530 --> 01:09:23,220 which which is actually a demand it's there's not a positive 1256 01:09:23,220 --> 01:09:25,830 thing. It's like oh, well you can say that because it will be 1257 01:09:25,830 --> 01:09:29,130 used like this. Oh, well, Adam, you can say that because your 1258 01:09:29,130 --> 01:09:29,730 skin 1259 01:09:29,729 --> 01:09:32,879 privileged. Oh, my gosh. 1260 01:09:33,689 --> 01:09:36,749 And I when I mean it just every every 1261 01:09:36,989 --> 01:09:40,289 it appears, it appears I'm just Googling it. It appears to be a 1262 01:09:40,289 --> 01:09:46,349 derivative of white skin privilege. As a whole bunch of 1263 01:09:46,349 --> 01:09:49,349 entries on on Google a whole bunch of hits I'm getting here. 1264 01:09:50,219 --> 01:09:55,799 Huh? That's That's messed up. So but now it's being used in a 1265 01:09:55,799 --> 01:09:57,449 very interesting context. 1266 01:09:59,189 --> 01:10:02,069 Well, everything You know, with this is the, you know, the 1267 01:10:02,069 --> 01:10:07,229 modern, this is actually the modernization of the, of the of 1268 01:10:07,229 --> 01:10:11,429 the kind of epithets against, quote unquote, old white men. 1269 01:10:11,909 --> 01:10:15,839 So it's politically incorrect to say old white men, you know, you 1270 01:10:15,839 --> 01:10:18,149 have to say skinned privileged age. 1271 01:10:19,079 --> 01:10:23,099 I don't think it's politically incorrect. I think it's not, you 1272 01:10:23,099 --> 01:10:28,799 know, it's not trendy. It's like it's old fashion. Yeah. Which I 1273 01:10:28,799 --> 01:10:31,529 guess would be politically incorrect at some level, because 1274 01:10:31,529 --> 01:10:33,719 old fashion, you know, you got to keep up with these terms. And 1275 01:10:33,719 --> 01:10:36,179 so the new term would be skin privilege, that means that 1276 01:10:36,179 --> 01:10:39,359 you're good that you're using the right terminology that, you 1277 01:10:39,539 --> 01:10:42,569 know, most of these things are code. I've always found most of 1278 01:10:42,569 --> 01:10:45,509 these kinds of terminologies than they when they come and go, 1279 01:10:45,509 --> 01:10:47,999 if you and you can listen to them, and you can actually read 1280 01:10:47,999 --> 01:10:50,039 them logic calm, you know, if you see it, for example, the 1281 01:10:50,039 --> 01:10:54,659 word chilling is always a word used by someone identifying 1282 01:10:54,659 --> 01:10:56,609 themselves as a left wing writer. 1283 01:10:56,639 --> 01:11:00,719 So when I say Sebastian Ripley is a show shill, then 1284 01:11:01,409 --> 01:11:06,059 no, there's no coach there. That's actually a that's a, a 1285 01:11:06,059 --> 01:11:09,299 callback joke, because that's what it is. But there's those 1286 01:11:09,299 --> 01:11:11,519 code words that people were using their writing, and they 1287 01:11:11,519 --> 01:11:14,579 using their speaking to identify themselves as part of a 1288 01:11:14,639 --> 01:11:18,059 subculture, like LA gay they can be there's a lot of gay terms. 1289 01:11:18,389 --> 01:11:20,969 And you know, things you can do, there's a lot of left wing, 1290 01:11:20,969 --> 01:11:23,459 there's a lot of right wing stuff you can say. And you could 1291 01:11:23,459 --> 01:11:25,829 you run into these, and people sometimes don't even know 1292 01:11:25,829 --> 01:11:28,499 they're in the milieu. But they've adopted all these terms. 1293 01:11:28,499 --> 01:11:30,659 And you can identify them as being in the milieu even though 1294 01:11:30,659 --> 01:11:33,719 they're not trying to make it clear, a lot of people trying to 1295 01:11:33,719 --> 01:11:36,839 make it clear, some people aren't really such a nice word. 1296 01:11:37,409 --> 01:11:41,429 It reminds me of just my last anecdote, and before I bore 1297 01:11:41,429 --> 01:11:44,699 everybody, I'm like, it reminds me of a situation that took 1298 01:11:44,699 --> 01:11:48,389 place. Some years ago, when I was at I was visiting Boeing and 1299 01:11:48,389 --> 01:11:53,129 some guy written something for a PC World, which was, at the time 1300 01:11:53,129 --> 01:11:57,749 a very politically correct operation. And the guy was 1301 01:11:57,749 --> 01:12:00,989 right. And he's talking to me about some copy editing issues 1302 01:12:00,989 --> 01:12:06,329 that he had, because he was he got something that he wrote 1303 01:12:06,329 --> 01:12:12,869 kicked back and bend the editor. A woman said that he she wanted 1304 01:12:12,869 --> 01:12:19,289 him to use a term. company spokesperson, oh, instead of 1305 01:12:19,289 --> 01:12:24,959 spokesman, no, instead of representative. That's just 1306 01:12:24,959 --> 01:12:28,229 that's what got me and I was baffled by this. I said, What do 1307 01:12:28,229 --> 01:12:30,929 you hear what's wrong with the word representative? It's not so 1308 01:12:30,989 --> 01:12:33,659 it has no sexual connotation whatsoever. No, no, no, it is 1309 01:12:33,659 --> 01:12:36,929 different a representative and that's, in fact, that's what he 1310 01:12:36,929 --> 01:12:40,589 asked a man. And the woman copier says no, you don't. She 1311 01:12:40,589 --> 01:12:43,799 says, No. She says we use spokesperson because we don't 1312 01:12:43,799 --> 01:12:46,379 want sexist language. And he says, well, Rep. How's 1313 01:12:46,379 --> 01:12:49,709 representative sexist? She says you don't get it. We use 1314 01:12:49,709 --> 01:12:53,459 spokesperson to make it clear, that we don't use sexist 1315 01:12:53,459 --> 01:12:54,179 language. 1316 01:12:55,380 --> 01:12:57,690 To is unbelievable. 1317 01:12:58,379 --> 01:13:02,819 And that was like to me was like the, you know, like, wow, this 1318 01:13:02,819 --> 01:13:03,599 is? Well, I 1319 01:13:03,600 --> 01:13:06,120 will I will say though, man, that's, you know, particularly 1320 01:13:06,120 --> 01:13:09,000 when it comes to the sexual harassment horse crap, you know, 1321 01:13:09,000 --> 01:13:12,030 and, you know, obviously, there is a line where it is sexual 1322 01:13:12,090 --> 01:13:15,660 harassment and where it isn't. But the lawsuits, particularly 1323 01:13:15,660 --> 01:13:18,750 if you're a public company, you know, you got guys waiting 1324 01:13:18,750 --> 01:13:21,600 outside just asking, Hey, do they want to make you present 1325 01:13:21,600 --> 01:13:24,540 yourself as a representative? I think we can go make some money. 1326 01:13:24,570 --> 01:13:26,940 I mean, that's, that's the world we live in. 1327 01:13:27,569 --> 01:13:32,069 Well, unfortunately, a lot of that has to do with the, with 1328 01:13:32,069 --> 01:13:35,849 the way the laws being interpreted. But anyway, but 1329 01:13:35,879 --> 01:13:38,759 anyway, but the point I'm making is there's these code words all 1330 01:13:38,759 --> 01:13:41,099 over the place. So whenever I hear one because I'm always on 1331 01:13:41,099 --> 01:13:43,589 the lookout for him because I'm, you know, it's kind of what I 1332 01:13:43,589 --> 01:13:47,429 do. And so when the skin privilege one came up, I was 1333 01:13:47,429 --> 01:13:51,539 just like, wow, this is one of the this is a absolutely 1334 01:13:51,809 --> 01:13:55,319 astonishing term to be floating around. Because it's just 1335 01:13:55,350 --> 01:13:58,080 so Have you have you cracked the code of it. Do you think you 1336 01:13:58,080 --> 01:13:58,380 know what 1337 01:13:59,130 --> 01:14:00,990 I mean, the code is obvious as it means you're right, you're 1338 01:14:00,990 --> 01:14:05,880 right. You're a progressive. Yeah means you if you use the 1339 01:14:05,880 --> 01:14:08,520 word identifying yourself as a member of the progressive 1340 01:14:08,520 --> 01:14:11,340 movement within the Democratic Party, which is, you know, kind 1341 01:14:11,340 --> 01:14:14,400 of beyond liberal, but not anything like a NEO liberal, 1342 01:14:14,400 --> 01:14:17,070 you're not a NEO liberal, which is a certain type of liberal, 1343 01:14:17,070 --> 01:14:21,300 which is a globalist and is a different devil who are hated by 1344 01:14:21,300 --> 01:14:25,140 these people. By the way. You are a certain kind of 1345 01:14:25,140 --> 01:14:29,940 progressive style old fashioned, you know, 1930s borderline 1346 01:14:29,940 --> 01:14:30,720 socialist. 1347 01:14:31,350 --> 01:14:35,490 Well, let me just say that as a skinned privileged, man, I'm 1348 01:14:35,490 --> 01:14:36,690 insulted by the term 1349 01:14:38,550 --> 01:14:41,760 well, you should be Yeah. Huh. 1350 01:14:42,449 --> 01:14:46,439 Anyway, all right, my friend. That was good. That was fun. We 1351 01:14:46,439 --> 01:14:47,519 had a lot to say, Honey. 1352 01:14:49,560 --> 01:14:56,610 Please take your skin privilege to an extreme sex privileged 1353 01:14:57,269 --> 01:15:01,769 Alright, one of the longest shows ever by So I don't I it's 1354 01:15:01,769 --> 01:15:06,389 not your fault. You know, I think we do keep it rolling. I 1355 01:15:06,389 --> 01:15:09,779 had some thoughts about this, I was thinking, you know, maybe if 1356 01:15:09,779 --> 01:15:12,629 we did talk to each other every single day, we could actually 1357 01:15:12,629 --> 01:15:15,359 set a time limit, we could say, alright, we're going to talk for 1358 01:15:15,359 --> 01:15:17,279 30 minutes. And this is what we're going to talk about, but 1359 01:15:17,279 --> 01:15:21,419 because we don't talk every day, but all these this gushing 1360 01:15:21,419 --> 01:15:22,769 waterfall comes out. 1361 01:15:23,159 --> 01:15:25,979 I think it's better doing it this way every day thing. I 1362 01:15:25,979 --> 01:15:28,259 think if we had like a huge audience, and we can monetize 1363 01:15:28,259 --> 01:15:30,509 the show, yeah, we could do every day for a while till we 1364 01:15:30,509 --> 01:15:31,319 got sick of it. 1365 01:15:31,800 --> 01:15:34,170 But I'd never get sick of talking to you. That's Howard 1366 01:15:34,170 --> 01:15:37,230 Stern secret. He likes talking to those people. That's why 1367 01:15:37,260 --> 01:15:38,730 That's why the show works. 1368 01:15:38,999 --> 01:15:42,119 So but the point is, is that, you know, people seem to like 1369 01:15:42,119 --> 01:15:45,569 this longer format. And we can do it for you know, as long as 1370 01:15:45,569 --> 01:15:47,699 we can. And we've maybe, you know, we might want to try the 1371 01:15:47,699 --> 01:15:49,859 begging for money thing. That would be good. And Leo, 1372 01:15:50,130 --> 01:15:52,770 Leo Laporte monetization system 1373 01:15:53,279 --> 01:15:56,129 seems to love this show. Of course, it's public television. 1374 01:15:56,129 --> 01:15:56,249 It's 1375 01:15:56,279 --> 01:15:59,009 UNsponsored. Awful. Yeah, it's, well, yeah, we should do a drive 1376 01:15:59,009 --> 01:16:02,369 because this show is without a doubt on sponsible. It just 1377 01:16:02,369 --> 01:16:06,479 won't work. We could, I believe that this type of show if we got 1378 01:16:06,509 --> 01:16:09,869 into people's main line, and just looking at my ego filters 1379 01:16:09,869 --> 01:16:12,569 and stuff that's getting trapped. I think we are I think 1380 01:16:12,569 --> 01:16:15,359 a lot of people are tapping in and they, and they do find some 1381 01:16:15,359 --> 01:16:20,279 time, maybe on the weekend or Wednesday, you know, to listen 1382 01:16:20,279 --> 01:16:23,519 to the show, and they, you know, they take their time with it, 1383 01:16:23,519 --> 01:16:28,529 and it just works for them. I do believe that we could make this 1384 01:16:28,529 --> 01:16:32,579 a for pay programme. Could be, you know, like, like the 1385 01:16:32,579 --> 01:16:33,359 Economist. 1386 01:16:34,140 --> 01:16:36,660 Yeah, I mean, I don't see why not. I mean, it's not that, you 1387 01:16:36,660 --> 01:16:40,170 know, you know, it does work to a point. I don't know what Leo's 1388 01:16:40,170 --> 01:16:42,150 numbers are, because I know he begs for money. But you know, 1389 01:16:42,660 --> 01:16:45,000 they're good enough that he keeps doing it. And public 1390 01:16:45,000 --> 01:16:48,660 television and in public radio have made a career out of this. 1391 01:16:48,660 --> 01:16:50,850 In fact, there's networks of these things, and they're just 1392 01:16:50,850 --> 01:16:54,450 basically playing on people's get lucky like this show. Can 1393 01:16:54,450 --> 01:16:56,610 you give us some money? We'll keep doing it? Well, they 1394 01:16:56,610 --> 01:16:59,100 do it a little differently. They do it a little bit differently. 1395 01:16:59,820 --> 01:17:01,620 Because I know a lot of some friends of mine have done this. 1396 01:17:02,700 --> 01:17:06,840 Have you ever seen they do the pledge drive? And first of all 1397 01:17:06,840 --> 01:17:09,270 broadcast a concert? And 1398 01:17:09,870 --> 01:17:12,300 well, they don't always do that. Sometimes they do actually do. 1399 01:17:12,300 --> 01:17:14,310 But yeah, I know what you're saying. I hate that by the way. 1400 01:17:14,400 --> 01:17:16,800 They talk and talk and talk or they show something. And then 1401 01:17:16,800 --> 01:17:19,080 they cut right into the middle of it and then make your watch 1402 01:17:19,080 --> 01:17:22,440 for 15 minutes as they keep begging you for money. I'm not a 1403 01:17:22,440 --> 01:17:23,250 big fan of that. 1404 01:17:23,280 --> 01:17:26,850 Well, this this Dutch guy. For some reason, his name is just 1405 01:17:26,880 --> 01:17:30,540 not popping into my head. Who by the way, the entire Dutch show 1406 01:17:30,540 --> 01:17:35,790 business industry has laughed at for years. He's making so much 1407 01:17:35,790 --> 01:17:39,360 money with this kind of, he has like 150 people he's 1408 01:17:39,390 --> 01:17:42,360 consistently on the road and the classical music concert, but 1409 01:17:42,360 --> 01:17:46,110 really popularised and, and done as a fun entertaining evening 1410 01:17:46,110 --> 01:17:49,050 for everybody. You recognise all the songs, it's not stuffy, 1411 01:17:49,050 --> 01:17:54,870 they, you know, they dress up in, in, in the clothing from the 1412 01:17:54,870 --> 01:18:00,510 1800s. You know, and and so his show is one of the shows, and he 1413 01:18:00,510 --> 01:18:04,020 makes so much money from that because they're selling the the 1414 01:18:04,020 --> 01:18:07,410 DVD, you know, for 100 bucks, obviously, most of that's going 1415 01:18:07,410 --> 01:18:11,640 to NPR, whatever the public broadcast organisation is, but 1416 01:18:11,640 --> 01:18:15,270 he gets to pre sell an incredible amount of these DVDs. 1417 01:18:15,270 --> 01:18:19,740 It's just it's bank is Big Time Bank. Wow. So we could do that. 1418 01:18:19,980 --> 01:18:23,370 Or we could do we could have celebrities in the telethon. 1419 01:18:24,000 --> 01:18:27,060 We could do a telethon. That would be fun. And actually, that 1420 01:18:27,060 --> 01:18:29,670 might actually work. The end, it would be entertaining the way we 1421 01:18:29,670 --> 01:18:33,300 do it. And there's also the opportunity for grants. I don't 1422 01:18:33,300 --> 01:18:36,300 know that any podcasters have actually thought about getting 1423 01:18:36,300 --> 01:18:39,900 anywhere and getting a grant from the Ford Foundation. 1424 01:18:40,260 --> 01:18:43,320 Although I think in this case, you know, forget it. But it's 1425 01:18:43,320 --> 01:18:46,560 always a possibility at some foundation would find this to be 1426 01:18:46,560 --> 01:18:48,300 a something grant worthy. 1427 01:18:48,600 --> 01:18:51,990 Ah, that's a good idea. Well, in the Netherlands, actually, I do 1428 01:18:51,990 --> 01:18:56,130 know this this outfit called, oh man, my brain is mush today, fab 1429 01:18:56,130 --> 01:19:01,530 channel, fab channel.com. And if you go look at fab channel, they 1430 01:19:01,530 --> 01:19:04,350 got, I think, a couple million euros in seed money from the 1431 01:19:04,350 --> 01:19:09,060 Amsterdam a grant from the Amsterdam municipality to record 1432 01:19:09,090 --> 01:19:13,080 live concerts and put them on the internet concerts that are 1433 01:19:13,080 --> 01:19:15,840 made either in the Paradiso, which is a famous venue or the 1434 01:19:15,840 --> 01:19:18,720 Milky Way, another very famous venue in Amsterdam. And now 1435 01:19:18,720 --> 01:19:21,630 these guys have got some kind of deal with Universal and, you 1436 01:19:21,630 --> 01:19:24,060 know, but it started with the grant and they were in effect 1437 01:19:24,300 --> 01:19:28,590 podcasters hmm, yeah, interesting, huh? That's a good 1438 01:19:28,590 --> 01:19:32,070 idea. I'm actually a googling that see if anyone has thought 1439 01:19:32,070 --> 01:19:35,430 of that. There must be tonnes of money out there. 1440 01:19:35,970 --> 01:19:38,790 Well, I know there's tonnes of grant money. There's a there's a 1441 01:19:39,030 --> 01:19:42,720 fact I did some research, not for this particular thing. But 1442 01:19:42,720 --> 01:19:46,860 on grants. And there's a there's a lot of online resources now. 1443 01:19:46,860 --> 01:19:49,380 And then when you start looking into it, the amount of grant 1444 01:19:49,380 --> 01:19:52,350 money out there is just out of this world, but there's a trick 1445 01:19:52,350 --> 01:19:56,760 to it. It's called grantsmanship and grantsmanship is the ability 1446 01:19:56,760 --> 01:19:58,020 to get the money. 1447 01:19:58,230 --> 01:20:00,510 Yeah. Oh, there are whole companies that you been hired to 1448 01:20:00,510 --> 01:20:02,550 go get grants. I mean, this is big business. 1449 01:20:02,880 --> 01:20:05,340 Yeah, it's a little different than degenerate into normal 1450 01:20:05,340 --> 01:20:08,130 sales Minh ship. Yeah. So a lot 1451 01:20:08,130 --> 01:20:10,650 of forms you got to fill out and a lot of promises you got to 1452 01:20:10,650 --> 01:20:13,380 make, but you can get the dough and it's pretty lucky to 1453 01:20:13,380 --> 01:20:18,330 podcasting grant goes online. That's interesting. For schools, 1454 01:20:18,360 --> 01:20:20,760 yeah, they got grants for schools, but then it's all like, 1455 01:20:21,210 --> 01:20:24,120 you know, for equipment. That's not the same thing. It should be 1456 01:20:24,120 --> 01:20:27,270 for content. It should be for content. You know, you know, we 1457 01:20:27,270 --> 01:20:29,940 could talk to Nate Lee about that. I'm sure there's some EU 1458 01:20:29,940 --> 01:20:32,220 money floating out there that we can get our hands on. 1459 01:20:33,659 --> 01:20:35,369 It just came in from Microsoft. 1460 01:20:36,600 --> 01:20:38,820 Give me that Microsoft check. Just sign your name on the back 1461 01:20:38,820 --> 01:20:41,250 nearly don't worry about it. We'll put it to good but then 1462 01:20:41,250 --> 01:20:44,160 people are gonna hate us because then we're making money off of 1463 01:20:44,160 --> 01:20:45,720 this and we didn't still going to do long form. 1464 01:20:46,109 --> 01:20:48,419 That's bull. Nobody hates people for making 1465 01:20:48,449 --> 01:20:51,569 Yes, they do. They hate me incessantly for making they just 1466 01:20:51,569 --> 01:20:52,919 hate you for other reasons. 1467 01:20:52,920 --> 01:20:56,700 They don't care not a likeable guy. Yeah, well, that's the 1468 01:20:56,760 --> 01:21:00,030 that's what you say. And that's what you play on. And that's why 1469 01:21:00,030 --> 01:21:02,490 they hate you. It's not it's not the fact that you have a lot of 1470 01:21:02,490 --> 01:21:05,220 money. And I don't think people know how much money you have. If 1471 01:21:05,220 --> 01:21:07,320 they did, then they would hate you. But that's beside the 1472 01:21:07,320 --> 01:21:07,650 point. 1473 01:21:08,130 --> 01:21:11,730 Thanks. Thank you, my friend. All right. Well, let's think 1474 01:21:11,730 --> 01:21:13,830 about that. Because I mean, we don't need to do it. Now. We 1475 01:21:13,830 --> 01:21:16,440 need a tonne of listeners. We need a lot more than we 1476 01:21:16,800 --> 01:21:18,330 need to get into the hundreds of 1000s 1477 01:21:18,330 --> 01:21:19,830 I think yeah, we need a lot more. 1478 01:21:19,859 --> 01:21:22,259 So I would let's ask the real listeners that do listen that 1479 01:21:22,289 --> 01:21:24,809 eavesdrop? Hey, tell your friends to listen to the show. 1480 01:21:24,809 --> 01:21:26,369 You know it's not gonna kill them. Yeah, really. 1481 01:21:26,370 --> 01:21:29,220 Thank you. That's our pledge drive for today. Tell your 1482 01:21:29,220 --> 01:21:33,210 friends to listen. Put it on your blog. Twitter it please. 1483 01:21:33,240 --> 01:21:41,250 Jaiku it. pounce it. Dig it. stumbled upon it. No anymore. 1484 01:21:41,640 --> 01:21:44,040 Reddit Reddit. Ooh, good one. Good one. 1485 01:21:44,700 --> 01:21:47,640 We had a huge hit on the blog last week from one Reddit thing 1486 01:21:48,060 --> 01:21:50,790 is that like a dig thing Reddit I've never really looked into it 1487 01:21:50,820 --> 01:21:51,540 it's some like 1488 01:21:51,540 --> 01:21:53,850 it but you know, the thing is dig has been getting getting us 1489 01:21:53,880 --> 01:21:56,640 you know, we get these episodes where all of a sudden boom, some 1490 01:21:56,640 --> 01:22:00,180 crazy post has gotten to the attention of stumbled upon Digg 1491 01:22:00,180 --> 01:22:03,540 Reddit or whatever. And right now stumbled upon and Reddit 1492 01:22:03,540 --> 01:22:08,160 give us much more. Dig have a stronger spikes than dig does 1493 01:22:08,159 --> 01:22:11,759 really interesting. Because I hate you. Because you don't know 1494 01:22:11,759 --> 01:22:16,259 what you're talking about. And you don't like Max. You mean the 1495 01:22:16,259 --> 01:22:19,919 Dig? Dig? Dig crowd? Yeah, the dig kids. They hate you, man. 1496 01:22:21,929 --> 01:22:24,689 All right, John, let's wrap it up. The dog has been barking for 1497 01:22:24,689 --> 01:22:30,329 the last half hour. He's hungry. He's pissed off at me. You've 1498 01:22:30,329 --> 01:22:34,019 been listening to no agenda. Coming to you from the curry 1499 01:22:34,019 --> 01:22:37,739 manor in Guilford Surrey in the United Kingdom. I'm Adam curry. 1500 01:22:38,250 --> 01:22:41,490 And I'm John C. Dvorak. This has been the extended edition. I'm 1501 01:22:41,490 --> 01:22:42,750 in Northern California, 1502 01:22:42,870 --> 01:22:45,540 and we'll talk again next week on no agenda.