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With the world tipping point,
just 10 days away time for your

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weekly interlude from two guys
who know nothing about anything

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call it a match made in heaven
call it no agenda, from Gitmo

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nation West in the condo
overlooking the bay. I'm Adam

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curry.

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And I'm John C. Dvorak up here
in Silicon Valley north, a non

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existent to location, but
somehow I feel substance,

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something like substance no
less.

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Standard, I guess, not sure.

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Hey, John, how you doing? It
says it's Saturday afternoon

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live and 25 here on the West
Coast. And I think I've solved

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the disconnect problems from
last week. It's a weird one,

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though.

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Oh, yeah. What was it?

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For some reason my router gets
confused. When I have three

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machines here, I have an iMac.
That's one of those desktop

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things. And then I've got the
MacBook Pro, which I record the

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show on and then my phone. And
what was happening was it was

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getting conflicting IP
addresses, you know, where two

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machines tried to grab the same
IP address? I think it has to do

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with the phone, actually,
because that's, that's the new

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piece that was introduced. Most
recently.

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You turn the phone off? Yeah,
I've

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turned it off completely. So I
think you know, maybe once in a

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while, maybe the router looks
to, you know, to check or if

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something was going on, which
I'm sure is also a part of the

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router. But for whatever reason.
I get kind of conflicts between

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the MacBook Pro and then the
other machine. So I'll just turn

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it off. Hopefully it should be
okay. Yeah, one of those deals.

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So I went to dinner on Thursday,
a 10 anniversary little party

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they had for a company called
NetSuite. Yeah, what do they do?

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They make a kind of an all in
all purpose. They essentially

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are sap in the clouds is what it
really amounts to, oh, my God,

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did

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you stand there and say, You
guys are doomed, the cloud will

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never work. I don't believe in
it. It's BS.

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Well, they you know, they're the
type of cloud computing they do

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is something that is doable in
the cloud, because it's very,

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it's very targeted. It's not
like mass market stuff. And

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so it's like, it's like
enterprise enterprise stuff. Is

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that what it is?

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Yeah, it's all enterprise. Okay.
All right. But just small

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companies can utilise this. It's
actually an interesting product.

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People should check it out. If
they're hit that they have a

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small company. They want to
computerise everything. The

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Oakland A's are on it.

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You know, John, your bandwidth
is crap, man. Once again, you're

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you're warbling all over the
place. But anyway, we're

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connected. So

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it's weird, since we're both on
Comcast and we have better

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connections when you're in
England.

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Yeah, no kidding. And it's it's
messed up.

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I was going to unfortunately
didn't do it. But this week, I

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was going to talk to the Comcast
folks and have a monitor this

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conversation and tell me what's
wrong with it? Because I have

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ice. They might die of boredom.
Don't have them actually monitor

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the conversation. Well, I mean,
you know, monitor this stream.

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It's weird. It's like It's like
your upload speed. I mean,

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you've got like mega mega mega
mega bits, right? Don't you have

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the massive Comcast connection?

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Yes, I have a five up and the
thing is with everybody else. I

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don't have a problem with
Shepherd you at that location.

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I hate it. All right. Anyway, so
NetSuite you had the dinner?

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Yeah. Is that is that the
pictures you sent? That's what

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that was of.

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The one the one picture was the
dining room. That's it. Larry

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Ellison says we have

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the dinner. Oh, that was his
that's his ship then. No, no,

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that's

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Tom Perkins ship.

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Oh, excuse me. I get them
confused.

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Yeah, one is Blofeld. And the
other one is I can't remember

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the other evil character but
Perkins is definitely Blofeld

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with that ship

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that that thing is amazing. I
mean, that it's a world famous

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ship right it's the only one of
its kind a sailing ship that is

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completely automated. I think it
was actually wasn't built in the

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Netherlands in the Dutch build
that sharks Turks same thing.

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I'm sure the Dutch taught the
Turks. But anyway, so you get I

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tried to get on it. But they
won't let John. You know, since

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he's at, you know, he is one of
the founders of Kleiner Perkins,

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you should be able to get on
seems to me

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Yeah, but I have absolutely no
desire. I'm you know, and by the

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way, I'm against parties on
boats.

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This party was not at a boat to
party was at Larry Ellison's

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house just on the way to the
house. I went past this vote,

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and I stopped and took a picture
of it. Oh, wow.

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There's a lot to wish for still,
I guess.

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Holy moly. Well, I don't think
Allison even stays at that

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house. By the way if take your
shoes off when you go in there.

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Good luck looks like it looks
like more of a crash pad in the

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let's say the model of the log
Be of the four seasons.

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Right? Right, right. If keynotes
Is this the Japanese plays? No,

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no, that's his place

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in Woodside. Okay, so how many
people were invited? There are

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22

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Oh man, you're on the list
you're in the inner circle over

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that

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party. Well, anyway, since one
of the guys that were the CEO of

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the company is a wine collector,
he gave me access to his his

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database and then so I picked
the wines for the dinner. And

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they were all I'm gonna have to
blog this because it's another

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example of you know, how people
get caught up in essentially

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overpriced California wine. And
for anyone out there who follows

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this who's gonna buy like two
guys, you're not gonna know what

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I'm talking about. But what we
had essentially a six bottle

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horizontal tasting of the 2002
Vintage which included two cold

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cold gins an embryo and Arapaho
Bryant family and I overall

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these ones are 500 600 bucks a
pop, you know, or more if you

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bought them today. And you know
that you know, some I get next

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day a couple days later, I had
just a second wine from Bordeaux

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for like, you know, 20 bucks was
better

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somehow it's a lot less
interesting when I wasn't there

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to taste it. How come I wasn't
your bitch I come home I wasn't

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your date. What's up? Nobody

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had dates. It was just a people
were invited. Nobody could bring

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anybody. Okay.

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And was it like really nerdy a
whole bunch of guys and cocky

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sitting around drinking $500?
bottle wine?

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No, not really. Because most of
the entrepreneurial class guy.

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Yes. Although Dan Farber was
there from ZDNet ZDNet.

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Right. Okay, so that was nice.
So you had table conversation?

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Alright, I

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know half the guys there.

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I'm glad we didn't go out last
night. We were we were planning

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our dinner last night. We were
still on for tonight or not?

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Yeah, but I was thinking, here's
an interesting idea. And I think

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you will get a kick out of this.
About a month or two ago, I was

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floating around San Francisco
and to meet somebody and I was

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over in the part of Chinatown
where there's there's a classic

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San Francisco restaurant that I
don't know how old this place

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is. But for years and years and
years, it always won the most

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beautiful restaurant in San
Francisco Ward. I'm more thought

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about it. I've only lived here
forever. And I don't know that

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I've ever eaten at this place.
And it's a classic old, really

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pretty Chinese restaurant that
is probably as faded as anything

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could be just semi decadent.
Called the Empress of China.

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Oh, okay. I've I think I've
walked by it once when I was

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a big thing. It's up in the air.
It's like on the 10th floor of a

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building. It overlooks you know,
Chinatown or something. And so

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anyway, so I'm walking around,
and I go and I had some time to

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go. So I went in the elevator to
go out and visit the restaurant

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to see what it was like and, uh,
roamed around. And it's

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actually, you know, still in,
you know, it's still a still

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looks like it's still in pretty
good shape. You

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know, I'm wondering about, about
choosing that as our destination

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for this thing. It'd

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be kind of interesting as a
because I've never been there.

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What's a landmark? I

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think our audience who once in a
while frequent San Francisco

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would enjoy the review.

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Yeah, I think so. To me, is it
worth going into is the

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question.

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Well, you know, I lay my trust
completely in your hands.

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Well, anyways, it's a change of
pace, especially after you

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having this high end meal I had,
which is like, you know,

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drinking these wines. I mean, I
was so worried about the wines.

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Not that they weren't good. I
mean, they're all decent, except

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that didn't like the cogens at
all. And I never have liked that

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winery. And I was looking at the
bottles, and I realised why they

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alcohol in those wines is
ridiculous. It's like 1% 15 515.

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Seven. That makes you hammered
real quick. Yeah, and it gives

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you a headache and you have all
kinds of issues with and I don't

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even know why they're pushing
them up that high with that kind

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of alcohol. And and when you
smell the wine, try and look for

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a bouquet or anything. All you
smell is ethanol. I mean, this

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wine is $500. I mean,

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are you kidding me for that in
my tank?

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I mean, I can go get some
Everclear

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Excuse me. Can I just dab my
napkin in that to clean the

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glass table for a second? Yeah,
there we go. Nice.

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Anyway, but I'll blog it. Yeah.

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Oh, man, this is so weird. You
know, I don't like doing our

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shows when we're both on the
same Coast or in the same

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country. Actually. Besides the
the connectivity. I just feel so

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disconnected from the rest of
the world when I'm in San

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Francisco.

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Well, you've been reading the
Financial Times. You were very

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disappointed this week, because
you ran into the Financial Times

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article on sequoias complaining
about something or other.

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Oh, that was actually just
before I left. That was last was

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it? No, no, you're right. It was
Monday or Tuesday. When did I

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arrive Tuesday? When did I get
in? I don't know. Now what I see

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I don't know, either came in
Monday night, right? Okay, so

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yeah, it was Monday's Financial
Times on the plane, the front

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page. Above the fold, it said, I
wish I knew exactly what the

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headline was, but it was like
Silicon Valley in dire straits

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or something like that. And it
referred to what is now really

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old news, which broke on of all
places, Valleywag that one of

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our investors actually Sequoia
Capital, they'd had an all hands

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meeting to know almost three
weeks ago, and they had all of

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their companies come in, they
had three guys speak. And then

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you know, they had a common
PowerPoint deck. And the deck

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started off with a, with a
tombstone, a picture of a

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tombstone that said, rest in
peace, good times. And

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essentially, the message from
that, which was, which was

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insulting to start off with,
honestly, you know, what do you

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mean good times, I'm working my
ass off here. And the message

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was, we're all going to die,
your companies will die, you

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00:11:02,880 --> 00:11:07,890
have to cut 60% You have to plan
to have the amount of cash you

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00:11:07,890 --> 00:11:10,890
have, right now you have to plan
to have the exact same amount of

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00:11:10,890 --> 00:11:14,070
cash in one year from now, if
you're not making money, you're

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going to be dead. And that was
that was their message. Now we

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00:11:17,640 --> 00:11:19,860
have other investors who had
very different messages, I'll

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00:11:19,860 --> 00:11:22,080
say, but this was really, you
know, they brought everyone

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00:11:22,080 --> 00:11:26,760
together. And they did a really
stupid thing. They sent out a

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00:11:26,760 --> 00:11:31,080
video of the event and the
PowerPoint through email, the

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video was not password
protected. And it said, you

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00:11:33,810 --> 00:11:37,260
know, confidential account,
like, like, of all those people

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00:11:37,260 --> 00:11:38,970
who are at the meeting, like
they're going to keep it

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confidential. So of course, that
showed up everywhere within an

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hour, including Valleywag. And,
you know, to add insult to

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injury, then the Financial Times
picks up on it two weeks after

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00:11:50,580 --> 00:11:53,580
the fact that makes it a
headline story. And then

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quoting, you know, with a
quoting, like, like glimmer of

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Seesmic, who had just, you know,
let seven people go and you

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00:12:03,300 --> 00:12:06,780
know, it was just like, man, if
this is their reporting, if this

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00:12:06,780 --> 00:12:10,140
is their, their the great in
depth award winning reporting,

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00:12:10,170 --> 00:12:13,260
crikey, I got to start thinking
about the value of other shit I

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00:12:13,260 --> 00:12:16,530
read in their paper. It's
disappointing. That happens all

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00:12:16,530 --> 00:12:19,050
the time. When you read
something in the newspaper, you

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absolutely know something about
and it's never right. You have

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to question the rest of it.

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Yeah, no, that happens all the
time. In fact, you run into that

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I ran into that, by the way a
lot with Alex Jones. From

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Infowars. Yeah. And I mean, he
brings up certain things that I

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happen to have personal
knowledge of, and it's like,

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what are you talking about?
Well, we

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00:12:40,710 --> 00:12:45,270
all do it, obviously. And you
know, it's all in. Yeah, there

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00:12:45,270 --> 00:12:47,640
is no truth, I guess, is the
message.

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No, that's all entertainment.
Yes. Talking about

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entertainment, I've come to some
horrible conclusion about the

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election.

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It's no longer fun.

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Well, I know it's getting a
little old. But this, but it's

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getting to be kind of fun as
watching the smugness of the

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Democrats kind of creep into the
picture. I mean, if you watch

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this week's a Bill Maher show, I
mean, these guys are sitting

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there as this is actually kind
of interesting. It's gonna be so

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offensive to people after a
couple of years of this. But so

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I realised that I made a huge
mistake. Oh, yeah. Huge mistake.

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00:13:29,910 --> 00:13:30,060
Wait

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00:13:30,060 --> 00:13:31,890
a minute, wait a minute, wait a
minute, wait a minute, wait a

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00:13:31,890 --> 00:13:40,170
minute, wait a minute. Here it
comes. A huge mistake,

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I made a huge mistake. And the
thing was, is I violated my own

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00:13:44,370 --> 00:13:48,150
basic tenet. And when I made
this mistake, and that is about

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two years ago, when I started to
pick up on the on the way this

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election was gonna go, which was
I believed it was going to be if

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you believed was going to be
Hillary as the Democratic

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00:13:59,220 --> 00:14:04,350
candidate, then you then you
said it would be a Clinton Obama

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00:14:04,350 --> 00:14:08,460
ticket, but McCain would win
regardless. So so far, you're

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00:14:08,460 --> 00:14:09,360
batting zero.

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I also predicted McCain was
going to be the nominee. And I

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00:14:13,560 --> 00:14:15,660
also said that but I said the
Vice President was going to be

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Giuliani, but that was kind of
the way but these guys got shook

256
00:14:19,020 --> 00:14:21,660
out at the during the primaries,
and who knew that Obama was

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00:14:21,660 --> 00:14:24,150
going to push out Hillary,
because that wasn't really in

258
00:14:24,150 --> 00:14:27,150
the cards. Anyway, so when I
still think they're trying to

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00:14:27,150 --> 00:14:29,460
summary in his campaign, but
they can't do it. But the thing

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I overlooked was I wrote a
column which I'm going to reblog

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00:14:32,760 --> 00:14:35,700
everyone is just basically wrote
the column for the blog a few

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00:14:35,700 --> 00:14:43,230
years ago about how the media is
going to force the issue on on

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00:14:43,230 --> 00:14:47,340
the way the Electoral College
works and make a popular vote be

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00:14:47,340 --> 00:14:50,310
the vote for the president
because when they target states,

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which they're not which Obama is
not necessarily doing because

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he's got a 50 state strategy,
got it and he's got a huge lead

267
00:14:56,490 --> 00:14:59,250
Chattahoochee, but when they
target states, they take money

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00:14:59,250 --> 00:15:01,890
out of the coffee have media
companies who get all this

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00:15:01,890 --> 00:15:05,430
election campaign money. But
meanwhile, I've been arguing

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00:15:05,580 --> 00:15:09,660
vociferously every time it comes
up in the conversation, and I'll

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00:15:09,660 --> 00:15:12,240
make this and people who know me
know have probably heard this,

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00:15:12,240 --> 00:15:15,600
from me numerous times over the
last decades, is that there's

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never going to be campaign
finance reform, ever, because it

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00:15:19,800 --> 00:15:22,590
would limit the amount of money
that goes to these campaigns

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00:15:22,590 --> 00:15:25,680
that then goes to the true
beneficiaries of the campaign,

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00:15:25,680 --> 00:15:28,140
the media companies, which are
the media companies, so they're

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00:15:28,140 --> 00:15:30,900
not going to put up with it.
They're essentially going to

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00:15:30,900 --> 00:15:35,190
screw over anybody who tries to
do campaign finance reform,

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00:15:35,220 --> 00:15:39,690
because it's money out of their
pockets. Right. So what am I

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00:15:39,690 --> 00:15:43,710
doing putting my money on
McCain? When he's chased public

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00:15:43,710 --> 00:15:46,530
funds? He did, even though Obama
agreed to it. And Obama just

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00:15:46,530 --> 00:15:47,130
said, yeah,

283
00:15:47,160 --> 00:15:50,670
yeah, yeah, right. Gotcha. Yeah.
Psych. Psych.

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00:15:51,120 --> 00:15:54,450
And so Obama's got to 200 300
million. God knows how much

285
00:15:54,450 --> 00:15:56,970
money he's got. And he's
spending it and he's still

286
00:15:56,970 --> 00:15:59,790
collecting it. He charges for
bumper stickers for he got

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00:15:59,790 --> 00:16:02,460
he can't even he's, they're
desperate. They're so desperate

288
00:16:02,460 --> 00:16:05,040
to spend their money. And we
should probably delve into this

289
00:16:05,040 --> 00:16:07,380
just lightly John, and to
explain to our non American

290
00:16:07,380 --> 00:16:09,750
listeners how it works. In fact,
many of our American listeners

291
00:16:09,750 --> 00:16:12,750
don't know how it works. He
because you can't spend that

292
00:16:12,750 --> 00:16:14,490
money after the campaign. Right.

293
00:16:15,420 --> 00:16:18,810
I think you can put it into the
next campaign. I think you can

294
00:16:18,810 --> 00:16:20,220
carry it forward like a credit.

295
00:16:20,280 --> 00:16:22,980
Right? Okay. So obviously, he's
trying to spend everything which

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00:16:23,010 --> 00:16:26,040
explains what he's doing is, I
think Wednesday, when he's going

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00:16:26,040 --> 00:16:28,770
to he's spending a million
dollars per network for a

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00:16:28,770 --> 00:16:32,370
Primetime half hour special for
which baseball was even being

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00:16:32,370 --> 00:16:34,050
delayed by 15 minutes.

300
00:16:34,290 --> 00:16:38,340
And which is the kicker to the
story, because Fox of all the

301
00:16:38,340 --> 00:16:41,850
networks is actually delaying
the World Series so they could

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00:16:41,850 --> 00:16:43,410
take Obama's money.

303
00:16:44,220 --> 00:16:47,340
And by the way, a million bucks
for an for half hour. That seems

304
00:16:47,340 --> 00:16:48,000
cheap.

305
00:16:50,730 --> 00:16:53,280
Yeah, it does seem cheap. I
think it's pre primetime or

306
00:16:53,280 --> 00:16:54,810
something like that. It's not
primetime.

307
00:16:54,810 --> 00:16:58,260
Where is it? Well, before the
baseball game this time, or

308
00:16:58,260 --> 00:16:59,280
Gartley dollar figure

309
00:16:59,280 --> 00:17:01,500
may not be accurate. It may have
been negotiated. I don't know.

310
00:17:01,530 --> 00:17:02,550
Okay. Yeah, that's true.

311
00:17:02,550 --> 00:17:04,290
I'm just going by what I hear
that's true. Yeah,

312
00:17:04,320 --> 00:17:05,070
it could be something else.

313
00:17:05,070 --> 00:17:08,310
So let's, let's just understand
this. Firstly, let me just delve

314
00:17:08,310 --> 00:17:11,370
into the to the campaign
finance, let me just play it to

315
00:17:11,370 --> 00:17:16,140
you the way I understand it. If
you go with public money, then

316
00:17:16,140 --> 00:17:19,860
there's a set amount that you
can use, and you get that

317
00:17:19,860 --> 00:17:23,880
basically, for free. If you take
other forms of money, and I'm

318
00:17:23,880 --> 00:17:27,240
very fuzzy on what other forms
of money is, then you can't take

319
00:17:27,240 --> 00:17:30,360
the public money, but then the
amount you can get in and spend

320
00:17:30,360 --> 00:17:33,630
is essentially unlimited. And
I'm not quite sure how it works.

321
00:17:33,630 --> 00:17:36,240
I mean, how do you Where does
this money come from? Can you

322
00:17:36,240 --> 00:17:39,540
raise it any way you want? I
mean, as we know, and we can get

323
00:17:39,540 --> 00:17:42,420
into that later, Obama is
literally selling his bumper

324
00:17:42,420 --> 00:17:46,410
stickers. You know, how does
that work?

325
00:17:47,250 --> 00:17:50,460
Well, it's pretty, it's pretty,
you know, this is a, nobody

326
00:17:50,460 --> 00:17:52,110
knows, this is like

327
00:17:52,109 --> 00:17:54,539
a nice and transparent in the
banana republic.

328
00:17:55,140 --> 00:17:57,990
It's like, you know, there's a
bunch of little money come

329
00:17:58,560 --> 00:18:01,140
pouring in that they don't
track. So it could be from

330
00:18:01,170 --> 00:18:04,050
Africa, you're not supposed to
be take, which is illegal,

331
00:18:04,050 --> 00:18:05,880
right? You're not supposed to
take you can't, you can't take

332
00:18:05,880 --> 00:18:09,300
for money. And but you can't
track it, because all going on

333
00:18:09,300 --> 00:18:11,640
through the internet. And so and
then there's these big

334
00:18:11,640 --> 00:18:14,190
donations, and there's $1,000
minimum, but yet there's people

335
00:18:14,190 --> 00:18:17,280
that give more somehow. I mean,
the whole thing is really is

336
00:18:17,280 --> 00:18:19,920
really gotten weird. And there
used to be this problem with so

337
00:18:19,920 --> 00:18:22,860
called soft money and hard
money. And I don't even know

338
00:18:22,860 --> 00:18:26,070
what they did to fix that. And
then you got to public money

339
00:18:26,070 --> 00:18:29,040
that goes to, you know, one or
both candidates and different

340
00:18:29,579 --> 00:18:32,729
ratios. John, it's alright to
say you just don't know.

341
00:18:32,910 --> 00:18:35,310
I don't know. I mean, I just
know that there's an awful lot

342
00:18:35,310 --> 00:18:38,580
of money on one side of the
campaign, and then the do gooder

343
00:18:38,580 --> 00:18:41,100
who wants to do campaign finance
reform because the reason for

344
00:18:41,100 --> 00:18:43,920
campaign finance reform is just
what we're describing. We don't

345
00:18:43,920 --> 00:18:46,530
know how it works. We don't know
where this money is coming from.

346
00:18:46,650 --> 00:18:49,560
It could be coming from Saudi
Arabia for all we know. And it's

347
00:18:49,560 --> 00:18:53,700
been, it's being funnelled in in
all kinds of different ways. And

348
00:18:53,700 --> 00:18:55,650
they would like to fix that so
because it's there's a

349
00:18:55,650 --> 00:18:58,830
corrupting factor to it, but
it's never going to be fixed and

350
00:18:58,830 --> 00:19:02,190
we have to get over it because
the media is not going to let

351
00:19:02,190 --> 00:19:04,680
that happen so they got these
two candidates and you wonder

352
00:19:04,680 --> 00:19:08,670
why this is the most because I
was still baffled by Why would

353
00:19:08,670 --> 00:19:12,300
General Electric a big
contracting company put all its

354
00:19:12,420 --> 00:19:16,440
really put it all its weight
behind Obama in such a way that

355
00:19:16,440 --> 00:19:19,920
they've actually created a
network MSNBC that is

356
00:19:19,920 --> 00:19:22,950
essentially the Obama network
Yeah, the Obama channel Sure.

357
00:19:23,310 --> 00:19:25,680
And they just give you know
they're far as they're concerned

358
00:19:25,680 --> 00:19:27,330
is all Obama all the time well,

359
00:19:27,329 --> 00:19:29,939
What the Why do you question it?
I don't understand why you're if

360
00:19:29,969 --> 00:19:31,439
that makes total sense to me.

361
00:19:31,650 --> 00:19:33,510
Well, it makes total sense when
you think of the fact that they

362
00:19:33,510 --> 00:19:37,590
don't want a campaign finance
reform guy winning because

363
00:19:37,590 --> 00:19:40,320
obviously that's money out of
their bottom line every four

364
00:19:40,320 --> 00:19:42,300
years and or every two years
with the congressional

365
00:19:42,300 --> 00:19:43,080
elections. Yep.

366
00:19:43,079 --> 00:19:45,959
Oh, dude, but come on. General
Electric. Think about the power

367
00:19:45,959 --> 00:19:48,539
they're going to have when they
come knocking and say Yo, Barak,

368
00:19:48,539 --> 00:19:51,089
baby, remember, we hooked you up
with the with that Baroque

369
00:19:51,089 --> 00:19:51,629
channel.

370
00:19:51,810 --> 00:19:53,730
Yeah, that's what's gonna
happen. It's fine and dandy, but

371
00:19:53,730 --> 00:19:56,340
I don't think that's the basic
reason to do it. Because it was

372
00:19:56,340 --> 00:19:59,640
always risky. And because they
were going to be rocks. I went

373
00:19:59,640 --> 00:20:01,980
to the When the election was
even and what would happen if

374
00:20:01,980 --> 00:20:04,650
McCain won the reason there,
everybody, if you look at all

375
00:20:04,650 --> 00:20:06,930
these newspapers that are
including the Chicago Tribune,

376
00:20:06,930 --> 00:20:12,330
that's never advocated for a
Democrat, even though they said,

377
00:20:12,330 --> 00:20:15,120
Yeah, we wanted a bomb, every
newspaper editor, which is

378
00:20:15,120 --> 00:20:17,520
usually always saying I'm
Republican, well, the staff is

379
00:20:17,520 --> 00:20:20,580
Democrat. They're all saying
vote for Obama. Nobody's saying

380
00:20:20,580 --> 00:20:23,730
vote for McCain. And the reason
is, as far as I'm concerned, is

381
00:20:23,730 --> 00:20:26,370
just like, they look at the
bottom line and they say, Look,

382
00:20:26,490 --> 00:20:30,000
this Obama guy's got he's given
he's throwing 300 million into

383
00:20:30,000 --> 00:20:34,650
the system, our money, and in
this cheapskate McCain, he's got

384
00:20:34,650 --> 00:20:37,980
some public funds. Do we want a
future with the President's

385
00:20:37,980 --> 00:20:39,210
running under those
circumstances?

386
00:20:39,210 --> 00:20:41,970
Who's going to pay us who's not
going to pay the man?

387
00:20:43,289 --> 00:20:47,519
So well, I made this bet. And
we're not thinking because I

388
00:20:47,519 --> 00:20:52,379
have always said for years that
that campaign finance reform is

389
00:20:52,379 --> 00:20:56,369
never going to happen because
the media is the beneficiary.

390
00:20:56,579 --> 00:20:59,609
The media controls public
opinion and the media would be

391
00:20:59,639 --> 00:21:02,519
would be shooting themselves in
the foot to be promoting

392
00:21:02,520 --> 00:21:07,350
so am I missing something? Is
there is there campaign finance

393
00:21:07,350 --> 00:21:09,420
reform on the horizon? What am I
missing here?

394
00:21:09,809 --> 00:21:13,559
No, McCain is always he's had a
couple of bills go in trying to

395
00:21:13,559 --> 00:21:15,809
do it he's trying to you know,
he's a big shot here by taking

396
00:21:15,809 --> 00:21:20,069
public funds Yeah, it's always
on the horizon it gets talked up

397
00:21:20,069 --> 00:21:22,139
every once in a while but when
it comes to this close and you

398
00:21:22,139 --> 00:21:25,289
got a guy who's gonna be
president who's really big time

399
00:21:25,289 --> 00:21:29,429
campaign finance reform guy
McCain, they have to kill him

400
00:21:29,459 --> 00:21:33,059
you know, with ya get making
sure he doesn't get in. So they

401
00:21:33,059 --> 00:21:36,209
say don't vote from the you
know, the all the editorials are

402
00:21:36,209 --> 00:21:38,879
against him. He's an idiot, you
know, he's old. You know, one

403
00:21:38,879 --> 00:21:42,119
thing or another? I don't know
somebody. Oh, wow, Obama is

404
00:21:42,119 --> 00:21:42,929
better. Yeah.

405
00:21:43,920 --> 00:21:45,060
Bullshit bullshit.

406
00:21:45,059 --> 00:21:45,959
Gonna put anybody

407
00:21:45,960 --> 00:21:48,660
and I really hope people
understand the significance of

408
00:21:48,660 --> 00:21:50,910
this. And by the way, there was
a Dutch report. I think I sent

409
00:21:50,910 --> 00:21:52,830
that to you a couple of weeks
ago, a Dutch reporter who

410
00:21:52,830 --> 00:21:57,120
donated money to Obama's
campaign. And then she wrote an

411
00:21:57,120 --> 00:21:58,800
article about it saying, hey,
you know, that's actually

412
00:21:58,800 --> 00:22:00,750
illegal for you to take my
money. Of course, that went

413
00:22:00,750 --> 00:22:04,050
nowhere. In fact, when I donated
to, I'm just realising now, when

414
00:22:04,050 --> 00:22:08,580
I donated to Dr. Ron Paul's
campaign, I did it on a Dutch

415
00:22:08,580 --> 00:22:11,910
credit card. So technically,
that would also be an illegal

416
00:22:12,270 --> 00:22:16,170
illegal donation. But this is
what I've been saying for a long

417
00:22:16,170 --> 00:22:19,920
time, that in the United States,
we choose our presidents the

418
00:22:19,920 --> 00:22:23,670
same way we buy our soap and our
washing powder. It's all through

419
00:22:23,670 --> 00:22:26,790
advertisements. It's all through
manipulation and paid

420
00:22:26,790 --> 00:22:30,420
manipulation of the media. And
and it's the people who are

421
00:22:30,420 --> 00:22:33,750
behind the candidates who are
really running the show. Last

422
00:22:33,780 --> 00:22:37,380
Thursday, when we had the
beautiful I love C span when we

423
00:22:37,380 --> 00:22:42,990
had the beautiful camp
Investigative Committee about

424
00:22:42,990 --> 00:22:47,160
the the financial crisis, and
you had Greenspan sitting there.

425
00:22:47,160 --> 00:22:50,610
You had Cox from the Securities
Exchange Commission, and snow

426
00:22:50,610 --> 00:22:55,470
the former Treasury, Secretary
of the Treasury, and Davis the

427
00:22:55,470 --> 00:22:58,830
Republican on the committee.
He's he asked these three

428
00:22:58,830 --> 00:23:02,250
jabroni these these thieves and
liars, he said, Do you have any

429
00:23:02,250 --> 00:23:06,270
idea in the past 20 years, which
presidential candidate in 20

430
00:23:06,270 --> 00:23:09,810
years time which presidential
candidate has received the most

431
00:23:10,020 --> 00:23:15,600
campaign finance donations from
the subprime mortgage lenders,

432
00:23:15,600 --> 00:23:18,840
which is just another word for
the Wall Street thieves? And

433
00:23:18,840 --> 00:23:21,090
none of them knew the answer?
And of course, the answer is

434
00:23:21,090 --> 00:23:24,000
Obama, because that's where his
money is coming from. It's

435
00:23:24,000 --> 00:23:26,850
coming from Wall Street and it's
coming from Wall Street where

436
00:23:26,850 --> 00:23:30,660
big companies like GE are listed
and it's one big money game and

437
00:23:30,660 --> 00:23:33,150
the fact that we don't see
through this certainly as

438
00:23:33,150 --> 00:23:35,100
Americans is sad

439
00:23:37,200 --> 00:23:40,080
Well, I think the market is
gonna skyrocket once he gets in

440
00:23:40,979 --> 00:23:44,459
the mortgage market I'm so
uninterested now in

441
00:23:44,700 --> 00:23:49,020
my watch, because you you're in
gold bars. No, it's

442
00:23:49,050 --> 00:23:51,930
you know what, I've really
calmed down a lot because I see

443
00:23:51,930 --> 00:23:54,600
now that clearly, we're not
going to stop the freight train

444
00:23:55,710 --> 00:24:00,030
it unless something really
radical happens, Obama is going

445
00:24:00,030 --> 00:24:04,200
to win. And we're headed for,
you know, at least two more

446
00:24:04,200 --> 00:24:07,680
years until we hit the you know,
your cycle, our huge depression,

447
00:24:07,890 --> 00:24:11,340
and it's going to be very, very
serious. And it's and when we

448
00:24:11,340 --> 00:24:13,350
brought this shit on ourselves,

449
00:24:13,619 --> 00:24:16,679
Well, the funny thing is, is
gonna be all Democrats. You

450
00:24:16,679 --> 00:24:21,239
know, running everything so that
we'll see how they do. But you

451
00:24:21,239 --> 00:24:22,889
know, the Barney Frank's of the
world.

452
00:24:22,920 --> 00:24:26,310
Oh, that guy. You know, I
wouldn't buy a car from that

453
00:24:26,310 --> 00:24:29,910
guy. What a dick. He looks like
you're crazy as Uncle the one

454
00:24:29,910 --> 00:24:33,060
that always sets up the
slideshows. You know? What a

455
00:24:33,060 --> 00:24:36,180
horrible horrible man and you
know, you could just tell he's

456
00:24:36,180 --> 00:24:42,060
full of crap. I hate that guy.
Really. I with a passion and the

457
00:24:42,060 --> 00:24:42,660
way he talks

458
00:24:45,720 --> 00:24:48,750
please do note that the only
weird talker the other one is

459
00:24:48,750 --> 00:24:52,320
the was the name rankle or, you
know, that black guy who's got

460
00:24:52,860 --> 00:24:53,130
this.

461
00:24:53,849 --> 00:24:57,089
DOD is another one. It just did
you look so completely

462
00:24:57,089 --> 00:25:00,899
untrustworthy. And even Nancy
Pelosi, man had to what planet

463
00:25:00,899 --> 00:25:01,679
is she from?

464
00:25:01,890 --> 00:25:04,530
I don't know. I think she had
way too much Botox the last time

465
00:25:04,530 --> 00:25:06,090
around, she can't even move her
face

466
00:25:06,119 --> 00:25:09,269
Botox and that helmet that she
calls hair is frightening me.

467
00:25:10,740 --> 00:25:13,650
She's like, looks like she's
perpetually scared.

468
00:25:13,800 --> 00:25:16,080
Well enough about the personal
attacks. But yeah, I mean, it's

469
00:25:16,080 --> 00:25:19,080
it totally sucks. Personally. I
mean, yeah, that's not right to

470
00:25:19,080 --> 00:25:21,000
talk about people's physical
appearance, but

471
00:25:21,270 --> 00:25:22,620
when they're all Botox stuff.

472
00:25:24,030 --> 00:25:27,000
You know, there are people in my
family who, who use Botox and

473
00:25:27,000 --> 00:25:31,110
people in my, in my friends, I
know. So what am I going to say

474
00:25:31,110 --> 00:25:37,200
about it? Right? But it's, it's
it for me, it's just It's

475
00:25:37,200 --> 00:25:39,660
winding down. I'm just like, I'm
exhaling already. I'm like,

476
00:25:39,660 --> 00:25:42,600
okay. Yeah, well, we'll see it
happen. And then we're gonna get

477
00:25:42,600 --> 00:25:44,670
we're gonna see all that
smugness. And when everyone's

478
00:25:44,670 --> 00:25:48,210
gonna be haha, and aren't we
great. And we rule, we're going

479
00:25:48,210 --> 00:25:50,670
to change the world. And then
we're going to wake up one day,

480
00:25:50,670 --> 00:25:53,520
and we're going to be, I'm
trying not to swear, but we're

481
00:25:53,520 --> 00:25:57,570
going to be screwed. We're going
to be so screwed. And that's

482
00:25:57,570 --> 00:26:00,330
what I'm waiting for. When I can
say, Okay, I told you. So now,

483
00:26:00,330 --> 00:26:03,150
can we please get together and
change this and make it right?

484
00:26:03,510 --> 00:26:08,040
Now? I'm angry, John, I'm angry.
I'm disappointed and dismayed

485
00:26:08,040 --> 00:26:11,730
when I when I hear what Obama is
going to do. You look at you

486
00:26:11,730 --> 00:26:15,780
look, this is the old I've tried
running companies and in

487
00:26:15,810 --> 00:26:18,930
countries that are socialist,
which is the direction the

488
00:26:18,930 --> 00:26:23,490
United States is headed. And
what you get is, it's impossible

489
00:26:23,490 --> 00:26:28,080
at least for me, I've it is not
possible to run a small to

490
00:26:28,080 --> 00:26:31,260
medium sized business, we are
the ones that are going we are

491
00:26:31,290 --> 00:26:35,160
absolutely our company is the
one that's going to get screwed,

492
00:26:35,520 --> 00:26:38,790
because we're going to get all
of the tax crap, all that shit

493
00:26:38,790 --> 00:26:41,280
is going to come down on us.
We're the ones that are actually

494
00:26:41,280 --> 00:26:45,120
working. And, and people who are
lazy bitches are going to be

495
00:26:45,120 --> 00:26:48,510
sitting around taking handouts
and not want to do anything. You

496
00:26:48,510 --> 00:26:51,450
know, it's like this is this is
not what America is about. And

497
00:26:51,450 --> 00:26:54,570
it's it's upsetting to me
really, really upsetting. And

498
00:26:54,570 --> 00:26:57,810
I've had small bits, small,
medium businesses, and I've run

499
00:26:57,810 --> 00:27:00,090
them successfully and I love
doing it. But when your

500
00:27:00,090 --> 00:27:03,720
government is there, jabbing a
poker up your ass, it's like,

501
00:27:03,720 --> 00:27:07,080
why bother? You know, I'll just
take my gold and go sit

502
00:27:07,080 --> 00:27:09,990
somewhere else, go and pay, go
to Paraguay and screw all of

503
00:27:09,990 --> 00:27:13,950
you. You know, seriously, if
you're a go A? Well, that's

504
00:27:13,950 --> 00:27:15,690
where all the bushes go. And
that's where they all have their

505
00:27:15,690 --> 00:27:20,430
compounds for when the riots
break out. And it's, it's, it's

506
00:27:20,430 --> 00:27:24,810
really, honestly, seriously
upsetting because I am a Patriot

507
00:27:25,080 --> 00:27:28,140
Act upsets me. I mean, do you
disagree with with that

508
00:27:28,140 --> 00:27:28,740
happening?

509
00:27:29,460 --> 00:27:33,330
Well, you know, the thing is, is
that it happens, you know, so

510
00:27:33,330 --> 00:27:34,860
it's still a slow boat.

511
00:27:35,339 --> 00:27:37,559
I mean, it doesn't happen
overnight. Yeah, I've learned

512
00:27:37,559 --> 00:27:38,759
that too. It takes a while.

513
00:27:39,000 --> 00:27:43,230
And you know, there's a lot of
resistance and the only damage

514
00:27:43,470 --> 00:27:45,750
you here's what the Democrats
have to do, they got to pretty

515
00:27:45,750 --> 00:27:50,040
much not do anything, oh,
except, you know, fix a few

516
00:27:50,040 --> 00:27:54,900
leaks. And maybe, you know, look
at the regulatory landscape a

517
00:27:54,900 --> 00:27:58,770
little bit and make some
adjustments for two years. So

518
00:27:58,770 --> 00:28:02,070
things are kind of on an even
keel. And then they can keep

519
00:28:02,070 --> 00:28:04,890
their their plurality, because
if they start screwing around

520
00:28:04,890 --> 00:28:07,890
right away, and things start to
fall apart, the Republicans will

521
00:28:07,890 --> 00:28:11,370
be right back in office in the
congress and senate overnight.

522
00:28:11,760 --> 00:28:14,940
Because the public is fickle.
And they're not going to put up

523
00:28:14,940 --> 00:28:17,250
with you know, you get here
we're gonna give you a congress,

524
00:28:17,250 --> 00:28:19,230
we're gonna give you the
president we're gonna give you

525
00:28:19,260 --> 00:28:22,350
whatever you want, you can pick
any Supreme Court Justice you

526
00:28:22,350 --> 00:28:25,020
want but you're gonna have the
Senate, the house, everything is

527
00:28:25,020 --> 00:28:27,990
yours. Now do some do what
you're supposed to do, which is

528
00:28:27,990 --> 00:28:31,470
fix things. They don't do it.
They're done. Because they you

529
00:28:31,470 --> 00:28:34,320
know, this is I'm surprised that
they're going to pick up more

530
00:28:34,320 --> 00:28:37,320
seats because it's been the
Democrat do nothing Congress

531
00:28:37,560 --> 00:28:39,930
that got in two years ago, and
they were going to, you know,

532
00:28:39,930 --> 00:28:41,970
get us out of the war, and
they're gonna do this, and

533
00:28:41,970 --> 00:28:43,800
they're gonna do that. And
they're gonna, they did nothing

534
00:28:43,830 --> 00:28:47,790
except, you know, be partially
responsible for this financial

535
00:28:47,790 --> 00:28:52,230
crisis by you know, not doing
anything. When I hear President,

536
00:28:52,260 --> 00:28:55,860
when I hear our cultural leaders
of the elite mind, you want to

537
00:28:55,860 --> 00:28:59,790
hear Jon Stewart, on his show
talking about well, isn't a time

538
00:28:59,790 --> 00:29:03,300
we spread the wealth around a
little bit. In other words, it's

539
00:29:03,300 --> 00:29:06,420
okay for people to receive
checks from the government from

540
00:29:06,420 --> 00:29:09,360
for not working. That really
angers me, that's not the way

541
00:29:09,360 --> 00:29:12,060
it's supposed to work the way
it's supposed to work. And you

542
00:29:12,060 --> 00:29:16,260
know, 75% of American business
is small business. It's only 25%

543
00:29:16,260 --> 00:29:20,250
that huge conglomerates and mega
corporations. You know, this is

544
00:29:20,250 --> 00:29:23,400
the guy with the with the, with
the corner store, this is the

545
00:29:23,400 --> 00:29:27,180
guy with a little shop. This is
a couple of guys with 5060

546
00:29:27,180 --> 00:29:30,690
employees, and we're supposed to
be able to create jobs, which

547
00:29:30,690 --> 00:29:34,650
creates wealth and creates an
economy that actually runs on

548
00:29:34,770 --> 00:29:37,800
real product and people doing
real work. And that's how you

549
00:29:37,800 --> 00:29:41,640
spread the wealth around, not by
not by giving handouts because

550
00:29:41,670 --> 00:29:45,750
it breeds contempt. I've seen it
happen. We've talked about this.

551
00:29:45,809 --> 00:29:48,719
Yes. But what also breeds
contempt, for example, is the

552
00:29:48,719 --> 00:29:51,659
guy who took over that bank for
two weeks and walked away with

553
00:29:51,659 --> 00:29:52,379
$300 million.

554
00:29:53,190 --> 00:29:57,420
Oh, well, yeah, of course. But
don't this bailout is not about

555
00:29:57,420 --> 00:29:58,860
actually fixing anything.

556
00:30:00,000 --> 00:30:02,670
I'm not gonna lie, but I'm just
saying that, you know, we have a

557
00:30:02,670 --> 00:30:07,380
bunch of interesting executive
packages that are out there that

558
00:30:09,150 --> 00:30:11,010
these guys are, you know, look
what I look at, you know, and

559
00:30:11,010 --> 00:30:13,950
there's people doing one I'm
making more as a CEO than you

560
00:30:13,950 --> 00:30:17,340
are, I'm making 200 million a
year, and you're only making 150

561
00:30:17,340 --> 00:30:20,400
Man, that kind of thing. This,
which is basically shoving it in

562
00:30:20,400 --> 00:30:24,000
the public's face, because these
guys can't either shut up about

563
00:30:24,000 --> 00:30:26,550
it, or they can't find some
other way to get in paid me some

564
00:30:26,580 --> 00:30:30,810
even like Jack Welch wasn't paid
that kind of money. And so you

565
00:30:30,810 --> 00:30:33,690
get this, you get a blowback on
it, and this is what's going to

566
00:30:33,690 --> 00:30:36,690
happen. So they're going to
literally do what they Democrats

567
00:30:36,690 --> 00:30:39,780
can do when they take over. And
it's just simple old phrase, it

568
00:30:39,810 --> 00:30:42,150
goes around, soak the rich,

569
00:30:42,630 --> 00:30:47,130
eat the rich. Well, well, but
it's the Democrats who set all

570
00:30:47,130 --> 00:30:52,140
this up. It's the Democrats who,
who forced this bailout. You

571
00:30:52,140 --> 00:30:56,310
know, it's they're doing it.
It's not like, I'm just I'm at a

572
00:30:56,310 --> 00:30:58,050
loss for words, and I'm
disappointed.

573
00:30:58,379 --> 00:31:02,549
Yeah, well, elixir is not over
yet. Do you not over till it's

574
00:31:02,549 --> 00:31:02,909
over.

575
00:31:02,940 --> 00:31:07,200
That is absolutely true. But I
would hate I would hate to think

576
00:31:07,200 --> 00:31:09,390
of what happened if Obama lost

577
00:31:10,260 --> 00:31:13,530
that. Well, that would be bad,
too. But if it turns out that he

578
00:31:13,530 --> 00:31:14,640
was born in Kenya,

579
00:31:15,210 --> 00:31:17,760
yeah, this is this is getting
weirder. I was reading

580
00:31:17,760 --> 00:31:23,040
yesterday. That because the
Obama because Obama did not

581
00:31:23,040 --> 00:31:26,520
respond to this lawsuit that was
filed. And where's it?

582
00:31:26,790 --> 00:31:31,920
Pennsylvania? I think that that
actually creates a legal problem

583
00:31:31,920 --> 00:31:34,320
for him that he you know,
because essentially, all he has

584
00:31:34,320 --> 00:31:37,380
to do is produce his his vault
version of his birth

585
00:31:37,380 --> 00:31:40,380
certificate. And he's good to
go. Right. And he's not doing

586
00:31:40,380 --> 00:31:44,070
that. Right. And the rule is, if
you're not a natural born

587
00:31:44,130 --> 00:31:47,070
American, you cannot be
president whether it's fair or

588
00:31:47,070 --> 00:31:52,620
not. That's the rule. And this
trip to Hawaii, I've read

589
00:31:52,620 --> 00:31:57,870
somewhere else in amongst my
many fellow conspiracist. You

590
00:31:57,870 --> 00:32:01,350
know that that his grandmother
is? is apparently ill very ill.

591
00:32:01,350 --> 00:32:04,380
And so he stopped his campaign
for two days to go to Hawaii.

592
00:32:04,380 --> 00:32:08,430
The the the the general
conspiracy thought out there is

593
00:32:08,430 --> 00:32:11,970
that he's there with his lawyers
trying to finagle and fix his

594
00:32:11,970 --> 00:32:15,270
birth certificate issue, because
that's where his, his so called

595
00:32:15,270 --> 00:32:19,470
Birth Certificate is from his
from Hawaii, which I kind of

596
00:32:19,470 --> 00:32:20,790
would buy into almost.

597
00:32:21,839 --> 00:32:23,849
Yeah, I thought it was kind of
weird that he would have this

598
00:32:23,849 --> 00:32:27,239
issue with his grandmother out
of the blue like this, just, you

599
00:32:27,239 --> 00:32:29,969
know, two weeks before. And
although I think right now that

600
00:32:29,969 --> 00:32:33,839
both Obama and Biden would be
better off staying off the

601
00:32:33,839 --> 00:32:38,009
campaign trail and coasting
home, on an empty tank. Yeah.

602
00:32:38,039 --> 00:32:41,729
Because there's less chance of
getting into a wreck, as it

603
00:32:41,729 --> 00:32:41,969
were.

604
00:32:42,000 --> 00:32:46,410
Yeah. Well, this, of course,
this Biden thing, where he at a

605
00:32:46,410 --> 00:32:50,370
fundraiser was recorded saying,
oh, you know, this guy is going

606
00:32:50,370 --> 00:32:53,340
to get going really going to be
tested. There's going to be a

607
00:32:53,400 --> 00:32:55,800
something bad's going to happen.
Well, he's but he said it was

608
00:32:55,800 --> 00:33:02,340
going to be an orchestrated
event. Yeah. Hello. And he knows

609
00:33:02,340 --> 00:33:04,320
the people who are going to do
it. That's live. That was

610
00:33:04,320 --> 00:33:05,580
literally what he was saying.

611
00:33:05,789 --> 00:33:08,849
That's what he kind of hinted
at. But you know, the thing is,

612
00:33:08,849 --> 00:33:14,579
you got to remember there's an
eight year cycle of, of attacks

613
00:33:14,879 --> 00:33:19,319
by al Qaeda on the United
States. I mean, the 93 attack on

614
00:33:19,319 --> 00:33:20,309
the World Trade Centre,

615
00:33:20,339 --> 00:33:24,149
you better get your book out
quick, John. This is the eighth

616
00:33:24,149 --> 00:33:27,239
year cycle books. So that means
we're doing 2009 for another al

617
00:33:27,239 --> 00:33:30,329
Qaeda attack. This is also in a
cycle. You're serious, right?

618
00:33:30,359 --> 00:33:31,979
You're really telling me this
now?

619
00:33:32,220 --> 00:33:35,790
Absolutely. Oh, please, as well.
And when it happens, and you're

620
00:33:35,790 --> 00:33:38,490
gonna go Oh, my God, I got this
the VARK is unbelievable.

621
00:33:38,520 --> 00:33:41,340
No, I don't think is I think
it's I think it's a financial, I

622
00:33:41,340 --> 00:33:46,200
think it's structural, I think
it's it's going to be the reset

623
00:33:46,230 --> 00:33:49,530
of the reserve currency,
screwing the dollar. That's what

624
00:33:49,530 --> 00:33:54,060
I believe it's going to be it's
not going to be a physical

625
00:33:54,090 --> 00:33:56,580
attack. It'll be a financial
virtual attack,

626
00:33:56,760 --> 00:34:01,620
I think gonna blow up Los
Angeles. And why do I say that?

627
00:34:01,649 --> 00:34:05,759
Yes, please. I wouldn't mind
knowing I'm going there

628
00:34:05,759 --> 00:34:08,939
tomorrow. It will, it will be
okay. Can I leave on Tuesday? Am

629
00:34:08,939 --> 00:34:09,509
I safe?

630
00:34:10,229 --> 00:34:12,899
Well, the reason I say is
because they seem to be the

631
00:34:12,929 --> 00:34:16,379
whoever's behind all these crazy
things, which I would assume has

632
00:34:16,379 --> 00:34:19,649
been laden but you know, you
don't know. There is a they

633
00:34:19,649 --> 00:34:22,979
always keep coming back to this
things that they blow they they

634
00:34:22,979 --> 00:34:26,789
didn't get done the first time.
And so the World Trade Centre,

635
00:34:26,789 --> 00:34:31,439
they tried it 93 I tried to blow
it up from the bottom up with a

636
00:34:31,439 --> 00:34:34,619
bunch of explosives in the
basement, and it shook the whole

637
00:34:34,619 --> 00:34:37,769
place, but nothing happened. And
well, it's couple people died.

638
00:34:37,979 --> 00:34:40,349
Yeah, so people died, but I'm
just saying it wasn't didn't

639
00:34:40,349 --> 00:34:44,069
bring the building down. And
then they were you know, so then

640
00:34:44,069 --> 00:34:47,189
they re you know, thought the
process and then two, eight

641
00:34:47,189 --> 00:34:50,429
years later over after a lot of
planning. These guys aren't, you

642
00:34:50,429 --> 00:34:53,369
know, kind of just
scatterbrained about it. After a

643
00:34:53,369 --> 00:34:57,179
lot of planning. They do the
thing on 911. Now, in that

644
00:34:57,179 --> 00:35:02,219
during that same period, there
was An attempt and to go to this

645
00:35:02,219 --> 00:35:05,849
Los Angeles airport and blow up
debt that horrible looking here,

646
00:35:05,850 --> 00:35:08,790
the spaceship looking dome.
Yeah, that dome restaurant.

647
00:35:08,790 --> 00:35:09,150
Yeah.

648
00:35:09,300 --> 00:35:13,920
And they brought these guys in
through Port Angeles, my

649
00:35:13,950 --> 00:35:18,210
Washington home. As a matter of
fact, these guys are coming in

650
00:35:18,210 --> 00:35:21,180
from Canada and the guy who
screwed up and panicked and we

651
00:35:21,180 --> 00:35:23,550
were started running around if
you know if anybody knows

652
00:35:23,580 --> 00:35:26,250
anything about that area when
you're in the Olympic Peninsula,

653
00:35:26,610 --> 00:35:30,900
does one road out. And it was
like being on an island in that

654
00:35:30,900 --> 00:35:33,300
regard. You can't get out and
you can get on a plane and get

655
00:35:33,300 --> 00:35:37,350
out but you're driving out or
running. This guy was doing,

656
00:35:37,740 --> 00:35:39,900
you're not getting anywhere
you're gonna get eaten by bears.

657
00:35:40,230 --> 00:35:41,190
Anyway, so well,

658
00:35:41,190 --> 00:35:45,060
they also They also tried to
wasn't the wasn't the talk of

659
00:35:45,060 --> 00:35:47,670
them trying to attack the Sears
Tower in Chicago as well.

660
00:35:48,120 --> 00:35:50,280
There was talk about it, but
there was no I mean, it wasn't

661
00:35:50,280 --> 00:35:52,020
anything where there was an
actual effort there where the

662
00:35:52,020 --> 00:35:54,990
guys were caught. And I mean,
there's and there was also

663
00:35:54,990 --> 00:35:59,850
talking about this space needle
in Seattle during the fireworks,

664
00:36:00,210 --> 00:36:03,990
you know, why bother with that?
That is not symbolic. You know,

665
00:36:03,990 --> 00:36:06,420
if you gotta get something that
has, you know, because No, I

666
00:36:06,420 --> 00:36:06,720
agree

667
00:36:06,720 --> 00:36:09,570
with that. I know, I think the
Space Needle is not symbolic. I

668
00:36:09,570 --> 00:36:13,200
it's just a Space Needle and
nobody cares about it. That

669
00:36:13,200 --> 00:36:16,740
build I think, tear it Yeah,
blowing up lax.

670
00:36:17,940 --> 00:36:19,920
Well, that would cause some
actual economic,

671
00:36:20,580 --> 00:36:23,430
cause all kinds of problems.
Yeah, it'd be a disaster, as

672
00:36:23,430 --> 00:36:25,950
opposed to the Space Needle,
which I think was stupid. And

673
00:36:25,950 --> 00:36:27,570
once that rumour came out about
the space, though, they

674
00:36:27,570 --> 00:36:30,000
cancelled the fireworks display
and the you know, the

675
00:36:30,000 --> 00:36:33,870
Seattleites all panic, because
the Northwest and most of

676
00:36:33,870 --> 00:36:37,380
Canada, everything. Everybody in
those areas thinks everything's

677
00:36:37,380 --> 00:36:38,310
about them.

678
00:36:39,240 --> 00:36:41,850
And that's just like San
Francisco dude, believe me.

679
00:36:42,660 --> 00:36:45,300
Yeah, it's true. But anyway, the
point is, is that they got

680
00:36:45,300 --> 00:36:49,170
really freaky about it, which is
like ridiculous. And yes, the

681
00:36:49,170 --> 00:36:52,350
the, the thing that they these
guys would like to do is

682
00:36:52,350 --> 00:36:56,400
something that really has an
economic impact, which the World

683
00:36:56,400 --> 00:36:58,620
Trade Centre definitely did. And
that whole idea of the

684
00:36:58,620 --> 00:37:02,460
aeroplanes so they blowing up an
airport, which is what they

685
00:37:02,460 --> 00:37:05,700
tried to do once, eight years
ago, or seven years ago, coming

686
00:37:05,700 --> 00:37:09,720
on the eight years. Seems like a
logical target. And if I was

687
00:37:09,750 --> 00:37:14,490
down in Los Angeles, I'd be
very, I'd be, you know, I don't

688
00:37:14,490 --> 00:37:16,500
know what to do about it. But I
think I'd be

689
00:37:17,400 --> 00:37:21,510
so so let me ask you a question.
If, if Obama is going to save

690
00:37:21,510 --> 00:37:24,300
us, which, of course, is what
everyone that believes, and he's

691
00:37:24,300 --> 00:37:27,810
going to bring our troops home
and end this war? I can hear Joe

692
00:37:27,810 --> 00:37:31,650
Biden saying it, what incentive
do they have? You know, if I

693
00:37:31,650 --> 00:37:34,140
mean, of course, you know, I
don't believe that there even is

694
00:37:34,140 --> 00:37:37,710
such a thing as Al Qaeda beyond
a brand name and bin Laden, if

695
00:37:37,710 --> 00:37:40,620
he's still alive, it's
irrelevant. And I don't believe

696
00:37:40,620 --> 00:37:44,760
that 911 was done by al Qaeda or
terrorists with box cutters.

697
00:37:44,760 --> 00:37:47,220
Yeah, go ahead. Go ahead and
call me a kook and a nut job.

698
00:37:47,220 --> 00:37:47,730
Whatever.

699
00:37:47,760 --> 00:37:50,460
I didn't call you a nut job. I'd
call you a nutter. But yeah,

700
00:37:50,790 --> 00:37:53,340
you call you call me another.
But you know, what's the what's

701
00:37:53,340 --> 00:37:56,700
the incentive? You know, why?
Why? Why do they want to get us

702
00:37:56,700 --> 00:38:00,930
again? Is this just to keep on
going forever? I mean, aren't we

703
00:38:01,020 --> 00:38:04,380
showing our good side here? Oh,
come on. It's bullshit. This is

704
00:38:04,380 --> 00:38:07,380
being done by the same people
who are electing or trying to

705
00:38:07,380 --> 00:38:11,040
get Obama and McCain into
government. They just they just

706
00:38:11,040 --> 00:38:16,560
want to kill us all. I'm sorry.
It's, it's ridiculous. It's

707
00:38:16,560 --> 00:38:19,290
absolutely ridiculous. Because
geopolitics

708
00:38:19,290 --> 00:38:21,840
is nothing new. Anyway, so no,
it's not.

709
00:38:21,840 --> 00:38:25,830
But it is. No, I'm sorry. It is,
it is absolutely nothing new.

710
00:38:25,890 --> 00:38:28,320
We're going through this. You're
right, John, we're going through

711
00:38:28,320 --> 00:38:31,530
the same cycle, the exact same
things have happened throughout

712
00:38:31,530 --> 00:38:35,970
history, and we're so stupid.
And so under educated and and

713
00:38:36,000 --> 00:38:39,840
our governments keep us so dumb,
that we don't even recognise

714
00:38:39,930 --> 00:38:43,830
that what is happening is just a
cycle, it goes through it the

715
00:38:43,830 --> 00:38:46,770
same thing all over again. And
it's probably done by the same

716
00:38:46,770 --> 00:38:52,200
people or by their descendants.
And it's not guys with with

717
00:38:52,200 --> 00:38:56,220
sheets on their head, climbing
on monkey bars in the desert,

718
00:38:56,700 --> 00:38:58,470
which is our vision of al Qaeda.

719
00:39:01,740 --> 00:39:06,060
I didn't know about the monkey
bars, you've never seen that. So

720
00:39:06,480 --> 00:39:10,170
anyway, the point is back to
what I was saying, there's an

721
00:39:10,170 --> 00:39:12,630
eight there is a cycle involved
with it with their planning and

722
00:39:12,630 --> 00:39:15,510
the execution in his eight
years. And there's been a couple

723
00:39:15,510 --> 00:39:18,330
of there was a really good
article written The London Times

724
00:39:18,330 --> 00:39:21,030
and I wish I could find it, you
know, I had a link to it on this

725
00:39:21,030 --> 00:39:25,350
little site that I had put up
during the 911 period, I had all

726
00:39:25,350 --> 00:39:27,480
these links to all these
stories. There's actually quite

727
00:39:27,480 --> 00:39:31,290
a good call the jihad site,
which was quite interesting to

728
00:39:31,290 --> 00:39:33,600
read all this stuff. So people
you get to an understanding of

729
00:39:33,600 --> 00:39:38,850
what's going on with the
fundamentalist Islamist. And I

730
00:39:38,850 --> 00:39:41,400
had a link to this article in
The London Times which was which

731
00:39:41,430 --> 00:39:44,220
disappeared, unfortunately, I'd
have to go get the paper, I

732
00:39:44,220 --> 00:39:50,250
guess, was written by one of the
professors of one of the one of

733
00:39:50,250 --> 00:39:53,220
the big universities Oxford or
Cambridge is a professor of war

734
00:39:53,220 --> 00:39:58,920
studies. And he claimed that
the, that this, that the Arab

735
00:39:58,920 --> 00:40:03,360
methodology for Were a war from
back from the 1400s. And

736
00:40:03,360 --> 00:40:07,740
whenever or before, was always a
hit and run style. It was like

737
00:40:07,740 --> 00:40:10,110
you come in and you do as much
damage as you could and then you

738
00:40:10,230 --> 00:40:13,260
run away as fast as you can. And
then you'd stay away. And then

739
00:40:13,260 --> 00:40:16,620
you come in again, when you're
when it's least expected. And

740
00:40:16,620 --> 00:40:20,610
his thinking was what we did
when we pounded Afghanistan

741
00:40:20,610 --> 00:40:24,960
immediately thereafter was the
exact right thing to do. You

742
00:40:24,960 --> 00:40:27,960
have to be like, you know, just
start making them miserable.

743
00:40:28,110 --> 00:40:31,410
Are you are you, John, question
of conscience? Are you proud to

744
00:40:31,410 --> 00:40:33,600
be an American? When you talk
about all these things, when you

745
00:40:33,600 --> 00:40:36,960
hear what we're doing? And
basically what the government's

746
00:40:36,960 --> 00:40:39,360
are doing? I don't I don't hate
anyone in Afghanistan. I don't

747
00:40:39,360 --> 00:40:43,170
hate anyone in Iraq. I don't
hate anyone in Russia. Do you?

748
00:40:43,200 --> 00:40:46,170
Are you proud to be an American?
And have these people represent

749
00:40:46,170 --> 00:40:47,070
you with death?

750
00:40:48,060 --> 00:40:50,670
Well, I don't like to
representation with death by any

751
00:40:50,670 --> 00:40:52,890
means. But the fact of the
matter is, I don't think I think

752
00:40:52,890 --> 00:40:55,740
that the what we'll do the way
we've structured this society

753
00:40:55,740 --> 00:40:58,980
that we are, we have been
actually given this role. And we

754
00:40:58,980 --> 00:41:01,800
have to, you know, there's
nothing we can do about it. I

755
00:41:01,800 --> 00:41:04,170
mean, you I don't think there's
a choice role. What role have we

756
00:41:04,170 --> 00:41:06,780
been given? We have been given
the role the the, you know, the

757
00:41:06,780 --> 00:41:10,320
world's big country with the
number one economy and it's a

758
00:41:10,320 --> 00:41:13,110
policeman, we've been given the
police state roll,

759
00:41:13,140 --> 00:41:16,500
we've been given that by whom?
Who gave that to us? We got it

760
00:41:16,950 --> 00:41:19,380
in World War Two, who gave it to
us?

761
00:41:20,730 --> 00:41:23,820
sensually I think all of
everybody else. I mean, you went

762
00:41:23,820 --> 00:41:25,890
to like, somebody there wasn't
like, here's a piece of paper

763
00:41:25,890 --> 00:41:28,230
with as you were signing off,
you guys go do all this stuff.

764
00:41:28,410 --> 00:41:31,200
It's just a role that we ended
up with. I didn't know who gave

765
00:41:31,200 --> 00:41:34,380
it to us, like any one person,
because there's no a person that

766
00:41:34,380 --> 00:41:35,640
gives you anything like that you

767
00:41:35,640 --> 00:41:38,820
don't think it's possible that
we as in our government took it

768
00:41:38,850 --> 00:41:41,790
took that role, instead of just
staying back and saying, Hey,

769
00:41:41,790 --> 00:41:42,750
guys, you know, this I, you

770
00:41:42,750 --> 00:41:45,060
know, I think it's a possibility
that we could have stayed back

771
00:41:45,060 --> 00:41:49,860
and went back to our isolation
as ways before World War One.

772
00:41:50,220 --> 00:41:52,440
And I don't think that would
have been necessarily a bad

773
00:41:52,440 --> 00:41:53,040
thing.

774
00:41:53,100 --> 00:41:56,460
But I salute you know, it's not
it's not bad to have commerce

775
00:41:56,460 --> 00:42:01,260
with other people, but to go set
up camps and have military

776
00:42:01,260 --> 00:42:04,410
represented we have we have
camps in 200 places in the

777
00:42:04,410 --> 00:42:07,950
world. I think it's too many.
Well, of course, it's too many.

778
00:42:08,190 --> 00:42:11,010
And they've been there since the
Second World War Germany, we

779
00:42:11,010 --> 00:42:18,570
still have bases. Why? To
protect us from the evil

780
00:42:18,570 --> 00:42:19,920
Russians? I mean, come on. This

781
00:42:19,920 --> 00:42:23,850
is this is just a way of money
around, but okay. Oh, thank

782
00:42:23,850 --> 00:42:27,210
you. All right. So as long as we
all recognise that it boils down

783
00:42:27,210 --> 00:42:29,400
to money at the end of the day,
I'm just sick of it, John, I'm

784
00:42:29,400 --> 00:42:30,570
really really sick of it.

785
00:42:31,650 --> 00:42:32,670
You getting weirder?

786
00:42:33,660 --> 00:42:37,170
No, I'm not. I there's nothing
to be positive about. And I see

787
00:42:37,170 --> 00:42:41,490
this Obama guy coming. And, and
I and I, and I know what it's

788
00:42:41,490 --> 00:42:46,080
like reading. Like, we need a
dictionary, you know, as I know,

789
00:42:46,080 --> 00:42:48,210
we're gonna wind up at Z
eventually. And I know that

790
00:42:48,210 --> 00:42:51,570
Zebra is gonna be there or, you
know, it's just like, it's so

791
00:42:51,570 --> 00:42:53,730
obvious what's going to happen.
And we and you're right, we go

792
00:42:53,730 --> 00:42:56,760
through the same cycles over and
over again. And, and I don't am

793
00:42:56,760 --> 00:43:00,300
frustrated because I wish I
could change it. And I wish we

794
00:43:00,300 --> 00:43:04,260
weren't such moronic idiots, is
that we

795
00:43:04,260 --> 00:43:06,690
reset the whole country when
this next cycle comes around by

796
00:43:06,690 --> 00:43:08,370
my thesis, so I'm not worried

797
00:43:08,370 --> 00:43:11,010
about it. Was that the is that
the 12 o'clock train I hear

798
00:43:11,010 --> 00:43:11,640
passing by are

799
00:43:11,820 --> 00:43:14,610
funny, isn't it? That's a guy.
This is his one guy.

800
00:43:15,450 --> 00:43:16,980
That he always he always uh,

801
00:43:17,010 --> 00:43:20,790
I'll hit you up. But he, yeah,
he just makes noise. There's no,

802
00:43:20,790 --> 00:43:25,680
there's no crossings. Seriously,
there's no crossings. But he

803
00:43:25,680 --> 00:43:27,930
just makes noise the whole time.
I don't know what he's making it

804
00:43:27,930 --> 00:43:31,890
about. Maybe this shape takes
the chase birds off the off the

805
00:43:31,890 --> 00:43:35,790
track. I have no idea. It's just
a maniac. Once in a while,

806
00:43:35,790 --> 00:43:38,880
there's there was a period of
time that I don't know what

807
00:43:38,880 --> 00:43:41,640
caused this. There was a period
of time when these trains are

808
00:43:41,640 --> 00:43:44,250
going by at two in the morning.
And the guys would be honking

809
00:43:44,250 --> 00:43:47,430
the whole time right through the
residential areas in Berkeley.

810
00:43:47,700 --> 00:43:49,860
And so they got a bunch of
complaints. They stopped doing

811
00:43:49,860 --> 00:43:52,890
it. But I think it's just
something to do when you're an

812
00:43:52,920 --> 00:43:53,610
engineer.

813
00:43:53,790 --> 00:43:55,740
Well, that's that's the whole
reason to become an engineer,

814
00:43:55,740 --> 00:43:56,310
isn't it? Yeah.

815
00:43:58,680 --> 00:44:00,900
Look at me, I'm an engineer.

816
00:44:01,680 --> 00:44:06,300
So well, and then now it turns
out by the way that engineer

817
00:44:06,300 --> 00:44:09,510
that caused that big train wreck
is supposedly texting someone on

818
00:44:09,510 --> 00:44:10,080
his phone.

819
00:44:10,440 --> 00:44:12,780
You believe that you actually
believe that?

820
00:44:13,410 --> 00:44:17,040
No, I believe the later report
that he that he saw green and he

821
00:44:17,040 --> 00:44:19,920
went and yeah, some screw up at
the base. Yeah, cuz he had three

822
00:44:19,920 --> 00:44:21,300
witnesses, of course. But

823
00:44:21,300 --> 00:44:25,470
you know, it's another great way
to take away some freedom. Let's

824
00:44:25,470 --> 00:44:28,230
turn off texting. That's next.

825
00:44:30,900 --> 00:44:33,210
Well, they got busted. They got
busted on that. So that's not

826
00:44:33,210 --> 00:44:35,040
going to happen. Although, you
know, the thing is, is almost

827
00:44:35,040 --> 00:44:37,560
like everything else, well, it
could have been from text

828
00:44:37,560 --> 00:44:41,610
messaging, so we better be safe
than sorry, turn off texting.

829
00:44:41,610 --> 00:44:42,930
You can't do it or you get
fired.

830
00:44:43,650 --> 00:44:47,010
Exactly. Well, we'll see how

831
00:44:47,040 --> 00:44:49,530
that we had that with my
favourite thing was the during

832
00:44:49,530 --> 00:44:54,390
the era, and this actually
started in the 80s. The era when

833
00:44:54,390 --> 00:44:57,150
laptops and people were bringing
electronic devices onto

834
00:44:57,150 --> 00:44:59,880
aeroplanes in the early days
when they first started showing

835
00:44:59,880 --> 00:45:05,220
up on the scene, early IBM
laptops, and there was this big

836
00:45:05,220 --> 00:45:08,640
thing about before the cell
phone revolution about you got

837
00:45:08,640 --> 00:45:10,800
to turn off all your electronic
stuff. And then all of a sudden

838
00:45:10,800 --> 00:45:13,920
it became like, you know, we're
doing that because it's better

839
00:45:13,920 --> 00:45:16,770
to be safe than sorry, because
some plane veered off course

840
00:45:16,770 --> 00:45:20,190
they think, you know, because
some guy had his laptop on. So

841
00:45:20,190 --> 00:45:21,720
the well let me

842
00:45:21,720 --> 00:45:27,930
tell you as as an airman it's
horseshit. It is horse shit, it

843
00:45:27,930 --> 00:45:31,440
makes no difference, it cannot
influence these instruments, it

844
00:45:31,440 --> 00:45:34,890
does not influence these
instruments. The main reason for

845
00:45:34,890 --> 00:45:39,150
turning off your cell phone. And
that and that is true, is that

846
00:45:39,750 --> 00:45:43,620
when your cell phone is
searching for for tower, and you

847
00:45:43,620 --> 00:45:46,470
hear this on television all the
time you hear the interference

848
00:45:46,470 --> 00:45:51,000
you hear, right? With the
BlackBerry doesn't a lot. And

849
00:45:51,000 --> 00:45:54,810
that will interfere with audio.
And you will hear that in the

850
00:45:54,810 --> 00:45:57,480
cockpit. And that's annoying,
without a doubt. But that's the

851
00:45:57,510 --> 00:46:00,150
only reason there is nothing
else that affects these

852
00:46:00,150 --> 00:46:01,530
instruments that just isn't

853
00:46:03,000 --> 00:46:06,270
it so anyway, at some point,
they relented and let people use

854
00:46:06,270 --> 00:46:08,730
their laptops in the air get did
the beginning, by the way, that

855
00:46:08,730 --> 00:46:11,610
was there was controversial.
They weren't gonna let you even

856
00:46:11,610 --> 00:46:13,470
play on your laptop when you're
flying around,

857
00:46:13,500 --> 00:46:18,780
right? But not but now you've
got Wi Fi and you can do video

858
00:46:18,780 --> 00:46:21,090
conference from the air, it just
proves the point that it's

859
00:46:21,090 --> 00:46:22,530
horseshit. It's not true.

860
00:46:22,830 --> 00:46:28,530
So here's my story. So I'm in
Brazil. And I'm Shanna tan, I

861
00:46:28,530 --> 00:46:32,880
think Tam and I'm sitting in the
Fanta laser someplace in

862
00:46:32,880 --> 00:46:36,600
northern Brazil into the
airport, on this plane, and it's

863
00:46:36,600 --> 00:46:39,240
gonna kind of take off for half
an hour. So I'll open the laptop

864
00:46:39,240 --> 00:46:42,870
up and start doing some work.
And this then the stewardess

865
00:46:42,870 --> 00:46:47,460
comes over, and she said, tells
me that I have to close my

866
00:46:47,460 --> 00:46:51,690
laptop. And I said, why she says
you can only use the laptop

867
00:46:51,720 --> 00:46:53,610
after we get to 10,000 feet.

868
00:46:55,050 --> 00:46:58,590
But that by the way is the
altitude which on 911 Cell

869
00:46:58,590 --> 00:47:00,840
phones worked. Yeah.

870
00:47:02,070 --> 00:47:06,540
Yeah, right. So anyway, so I
said but I'm we're still right.

871
00:47:06,540 --> 00:47:08,820
We're just sitting here. We're
just here landed, you know? And

872
00:47:08,820 --> 00:47:11,790
then she says, no, no, that's
what the rules are. Let me go

873
00:47:11,790 --> 00:47:13,920
kill this phone call. Yeah,
sure. Go ahead.

874
00:47:17,010 --> 00:47:23,790
You're gonna answer it. Yeah,
there he goes. Especially inside

875
00:47:23,790 --> 00:47:25,950
see out here how terse he is
when he talks to people and

876
00:47:26,130 --> 00:47:34,080
yeah. I'm busy. Oh, can't talk
now. Gotta go bigger name on the

877
00:47:34,080 --> 00:47:36,840
other line. Oh, geez.

878
00:47:37,530 --> 00:47:40,740
Getting away getting a
reservation at dinner.

879
00:47:40,860 --> 00:47:44,460
Okay, cool. Excellent. I'm so
happy we didn't have dinner last

880
00:47:44,460 --> 00:47:47,610
night. We'd have absolutely
nothing to talk about. Much

881
00:47:47,610 --> 00:47:49,710
better this way. Now tonight. I
can just enjoy the dinner

882
00:47:49,710 --> 00:47:52,110
because we have nothing to talk
about. That's great. Okay.

883
00:47:52,950 --> 00:47:55,380
Now you can cut that out or
leave it in but what it is I'm

884
00:47:55,380 --> 00:47:59,010
gonna leave it in. Okay, well,
she died because we didn't go

885
00:47:59,040 --> 00:48:03,270
last night out and I wanted to
go to chapeau ah, and so they

886
00:48:03,270 --> 00:48:06,360
have a seat seating somebody
cancelled and give us six

887
00:48:06,360 --> 00:48:08,850
o'clock after we take that we go
the Empress to China next time.

888
00:48:11,340 --> 00:48:13,440
Okay, so we're going to ship out
tonight. Is that what you're

889
00:48:13,440 --> 00:48:15,600
saying? Yeah. Okay, cool.
Where's that?

890
00:48:16,350 --> 00:48:18,360
Because out in the middle of
nowhere, San Francisco someplace

891
00:48:18,360 --> 00:48:22,530
other avenues, mountains, 14th
and and Klamath or something

892
00:48:22,530 --> 00:48:22,920
like that.

893
00:48:23,910 --> 00:48:28,260
There was one time. I'll take
that back. Do you remember

894
00:48:29,010 --> 00:48:32,940
before the BlackBerry rim
actually had a mobile messaging

895
00:48:32,940 --> 00:48:43,200
network? And this Donald talk in
1990. I want to say 95. And you

896
00:48:43,200 --> 00:48:47,340
could buy a little member, the
little HP kind of like, like a

897
00:48:47,340 --> 00:48:50,610
flip open plastic thing. And it
had a keyboard and an LCD

898
00:48:50,610 --> 00:48:54,750
screen. And you could shove a PC
card into the side of it. Yeah.

899
00:48:54,990 --> 00:49:00,510
So you could join up to the rim
network, which was country over

900
00:49:00,510 --> 00:49:04,050
there with that. And you could
send messages, right email

901
00:49:04,050 --> 00:49:07,830
messages till they got their
start? That's right. And these

902
00:49:07,830 --> 00:49:10,800
things were one watt, which is
an amazing amount of power,

903
00:49:10,800 --> 00:49:13,530
which is probably what three to
four times the power of your

904
00:49:13,530 --> 00:49:15,030
typical cell phone these days.

905
00:49:15,360 --> 00:49:18,600
No, it's a lot more NAD. There's
those things are like 50

906
00:49:18,600 --> 00:49:19,380
milliwatts, right.

907
00:49:19,380 --> 00:49:24,540
Yeah, so incredibly powerful.
And Ron and I both had one they

908
00:49:24,540 --> 00:49:26,460
were incredibly handy. And and
we had a president

909
00:49:26,490 --> 00:49:29,550
block the obstruction on a big
bald spot next to your head.

910
00:49:29,550 --> 00:49:29,820
Well,

911
00:49:29,850 --> 00:49:34,770
indeed. So we're flying coach
and a cross country and Ron was

912
00:49:34,800 --> 00:49:39,000
like, 15 seats up ahead of me
and I was behind and what was

913
00:49:39,000 --> 00:49:41,760
cool about these things is they
actually would work up to like,

914
00:49:41,790 --> 00:49:45,750
you know, 567 1000 feet with
these ground stations going, you

915
00:49:45,750 --> 00:49:49,230
know, one watt can go a long way
if it's unrestricted. And so

916
00:49:49,230 --> 00:49:52,200
we're Beep, beep, beep and
messages back and forth between

917
00:49:52,200 --> 00:49:56,040
each other. And the captain
actually came on and said, we're

918
00:49:56,040 --> 00:49:59,280
having an issue with one of our
navigation systems right now. We

919
00:49:59,280 --> 00:50:02,400
just like everyone Dec closed,
closed down all CD players, all

920
00:50:02,400 --> 00:50:05,820
electronics equipment, and like
heads were whipping around

921
00:50:05,820 --> 00:50:07,770
because of course, we were
really cool at the time, right?

922
00:50:07,770 --> 00:50:09,960
I was like, wow, that's, that's
awesome, man, you're sending you

923
00:50:09,960 --> 00:50:12,930
sending these messages
wirelessly. And everyone's had

924
00:50:12,930 --> 00:50:16,380
like whipped around us and gave
us the evil eye, like, you're

925
00:50:16,380 --> 00:50:20,760
gonna make us crash. Now, I'm
still not sure if that actually

926
00:50:20,760 --> 00:50:22,830
influenced it that could have
the one why,

927
00:50:22,830 --> 00:50:26,070
but you know, it's a well known
fact that CD players in

928
00:50:26,070 --> 00:50:28,590
particular, of course, nobody
carries those around anymore,

929
00:50:28,590 --> 00:50:34,680
thank God have a huge amount of
RF coming off of them, like

930
00:50:34,680 --> 00:50:38,670
massive amounts, and it's all
over the place. It's just a

931
00:50:38,670 --> 00:50:41,250
noise machine. But what
frequencies Do you know, they

932
00:50:41,250 --> 00:50:47,340
are all over the place? It's a
mess. Really? Yeah. So may not

933
00:50:47,340 --> 00:50:49,650
have been you, but it probably
was a watch a lot.

934
00:50:49,680 --> 00:50:52,590
Well, you see, in the old days,
really, really, I mean, there's

935
00:50:52,620 --> 00:50:59,070
three basic navigation systems
to them based on on radio, or

936
00:50:59,070 --> 00:51:02,670
radio frequencies. That's the
NDB, which is essentially on the

937
00:51:02,700 --> 00:51:06,420
am band. If you ever listen to
if you ever scan through the am

938
00:51:06,420 --> 00:51:10,050
band, you'll hear these signals
going purple, or sometimes it's

939
00:51:10,050 --> 00:51:15,360
a Morse code. So that's actually
an identifier. And then we have

940
00:51:15,360 --> 00:51:19,770
the FM version, which is a vor.
These are so it's a beacon and

941
00:51:19,770 --> 00:51:22,740
you can you can it's a
directional finder beacon. But

942
00:51:22,740 --> 00:51:27,060
on today's modern aircraft is
all GPS based. At the very end,

943
00:51:27,060 --> 00:51:29,730
when you're landing on an
instrument landing system, once

944
00:51:29,730 --> 00:51:32,220
again, you do get these radio
frequencies into play. So

945
00:51:32,370 --> 00:51:35,310
honestly, it doesn't make sense
to not have any risk of any

946
00:51:35,310 --> 00:51:38,910
other, you know, weird harmonics
floating around that could

947
00:51:38,910 --> 00:51:42,630
potentially throw something off
course, but this stuff is, you

948
00:51:42,630 --> 00:51:47,010
know, these, these receivers and
these transmitters. Now they're

949
00:51:47,010 --> 00:51:49,800
pretty good. You know, this
isn't just like a radio shack, a

950
00:51:49,800 --> 00:51:52,440
101 project kit we're talking
about here.

951
00:51:53,520 --> 00:51:54,960
Maybe on a Russian plane.

952
00:51:57,480 --> 00:51:59,370
Not even those, not even those.

953
00:51:59,760 --> 00:52:01,920
Well, you've never flown
Aeroflot Oh, yes, I

954
00:52:01,920 --> 00:52:03,390
have. Absolutely yeah, I

955
00:52:04,050 --> 00:52:12,000
still had to buy Amplitube
transceiver transceivers him and

956
00:52:12,000 --> 00:52:18,690
everything had big bolts Yeah,
so I'm on the arrow for the

957
00:52:18,690 --> 00:52:23,070
first time I took Aeroflot I did
a I would never fly unless I had

958
00:52:23,070 --> 00:52:26,460
to by the way, although they're
using American built planes now

959
00:52:26,460 --> 00:52:31,320
I was on an alias 62 which I
think has like four engines that

960
00:52:31,320 --> 00:52:33,690
own the backhoe to the tail or
something right

961
00:52:33,690 --> 00:52:34,830
crazy looking machine.

962
00:52:35,189 --> 00:52:38,879
Yeah and cramped these the only
difference between business

963
00:52:38,879 --> 00:52:42,959
first there was a first class of
business class and a coach. And

964
00:52:42,959 --> 00:52:45,869
the only difference between
they're exactly the same seats

965
00:52:45,899 --> 00:52:49,469
no difference there's just a
they add to cart inch of leg

966
00:52:49,469 --> 00:52:52,589
room for the business class and
then two inches of legroom for

967
00:52:52,589 --> 00:52:55,109
the first class but there's no
with the seats are identical.

968
00:52:55,140 --> 00:52:58,110
That's the same when you fly
either KLM or British Airways

969
00:52:58,320 --> 00:53:02,490
when you go from London to
Amsterdam. The they don't have a

970
00:53:02,490 --> 00:53:04,860
first class they have a business
class it is exactly the same

971
00:53:04,860 --> 00:53:07,950
seats but there's a curtain
separating you from the week

972
00:53:07,950 --> 00:53:10,770
people in the back and you get
and you get like a sandwich.

973
00:53:11,249 --> 00:53:14,909
So they have what they deserved
a pretty big meal I was in I was

974
00:53:14,909 --> 00:53:18,929
in I think I was in coach on the
way and business on the way back

975
00:53:18,929 --> 00:53:20,999
or something like that. I can't
remember. But it was really

976
00:53:20,999 --> 00:53:23,819
cramped. I mean talking about
cramped It was unbelievable.

977
00:53:24,389 --> 00:53:27,749
Anyway, so they had they so they
serve like they were there for

978
00:53:28,049 --> 00:53:31,199
dinner. They actually cook a
meal and then they divvy it up

979
00:53:31,199 --> 00:53:33,269
on it's not like all this
prepackaged stuff at least back

980
00:53:33,269 --> 00:53:36,179
then. And this is just before
the fall of communism like the

981
00:53:36,179 --> 00:53:41,849
year before. And so they had so
they were cooking fish. Oh gosh.

982
00:53:42,630 --> 00:53:43,860
Not like that smells.

983
00:53:44,610 --> 00:53:48,000
The plane is wreaking it
obviously. They come out with

984
00:53:48,000 --> 00:53:50,970
these platters, these aluminium
tin you know, it's like a tea.

985
00:53:50,970 --> 00:53:54,240
It's like being in a prison. Not
that I've been imprisoned by

986
00:53:54,270 --> 00:53:58,170
guessing you'd have a tin plate.
And you could bang against the

987
00:53:58,170 --> 00:54:02,490
seat back. Hey comrade ski, I
want some food. And so they have

988
00:54:02,490 --> 00:54:04,860
these tin plates. And then they
also somebody warned me about

989
00:54:04,860 --> 00:54:06,660
this when they said all the
sodas and everything or in the

990
00:54:06,660 --> 00:54:09,360
big bottles had no individual
servings of anything. It's just

991
00:54:09,360 --> 00:54:13,080
giant bottles of everything. And
it was all served in plastic

992
00:54:13,080 --> 00:54:16,620
containers that were reused. So
they're all washed a million

993
00:54:16,620 --> 00:54:20,100
times. So it's like a plastic
cup that you'd normally get. And

994
00:54:20,130 --> 00:54:23,910
as an American we throw it out
but it was reused. So it was

995
00:54:23,910 --> 00:54:29,370
washed and washed washed it was
all scratched. That's not what

996
00:54:29,370 --> 00:54:32,160
was interesting. Was it the the
women because this was a flight

997
00:54:32,160 --> 00:54:37,980
out of London. Were all the gear
there's there's apparently a

998
00:54:37,980 --> 00:54:41,880
number of outstandingly
beautiful crews on a number of

999
00:54:41,880 --> 00:54:45,030
these flights and this was one
of them. And all the girls I

1000
00:54:45,030 --> 00:54:47,490
guess had gone when they went to
London they first thing they did

1001
00:54:47,490 --> 00:54:50,070
was they got out I guess the
first thing place they went was

1002
00:54:50,070 --> 00:54:53,850
to the all the makeup stores
they could find because there

1003
00:54:53,850 --> 00:54:57,720
were like so much makeup. It
looked like the whole place it

1004
00:54:57,720 --> 00:55:00,960
looks like you were being served
served service by a hookers yeah

1005
00:55:00,960 --> 00:55:01,170
well in

1006
00:55:01,170 --> 00:55:03,570
those days you couldn't get
makeup in Russia in fact I

1007
00:55:03,570 --> 00:55:08,010
remember when I was there and in
88 I actually took some who

1008
00:55:08,010 --> 00:55:10,050
you're supposed to take some
trinkets with you to get shit

1009
00:55:10,050 --> 00:55:13,260
done and I remember taking what
was it they advised me it was

1010
00:55:13,260 --> 00:55:15,990
makeup lipstick I mean anything
you could you could you could

1011
00:55:15,990 --> 00:55:18,330
slip along in your suitcase
would get you stuff

1012
00:55:18,360 --> 00:55:21,000
would you like a phone call
amount because you have to bring

1013
00:55:21,000 --> 00:55:24,840
a lot because on my when I was
staying the woman on the floor,

1014
00:55:24,900 --> 00:55:29,010
there's a woman on every floor
who does the phone right out

1015
00:55:29,010 --> 00:55:31,830
there after the outside the
elevator is asleep and most of

1016
00:55:31,830 --> 00:55:34,290
the time, but every day it had
to give her a little bit you

1017
00:55:34,290 --> 00:55:36,420
know like a little Kate when it
was little. You got to give her

1018
00:55:36,420 --> 00:55:39,330
treated our little Halloween
candy bars always a winner

1019
00:55:39,420 --> 00:55:42,600
chocolate. Yeah, also little.
Another good thing you can bring

1020
00:55:42,600 --> 00:55:45,750
over there which are because you
again you have to pack for

1021
00:55:45,750 --> 00:55:48,750
lightness. You can't bring any
big things like a lamp. You

1022
00:55:48,750 --> 00:55:53,280
bring little those little cars,
the matchbook cars that you have

1023
00:55:53,610 --> 00:55:58,560
to slide along or pick for kids.
huge, big deal,

1024
00:55:58,590 --> 00:56:02,370
just going back to cooking in
the air. It's been a while since

1025
00:56:02,370 --> 00:56:04,260
I've flown British Airways I'm
pretty sure they don't do it

1026
00:56:04,260 --> 00:56:09,750
anymore. But in 2000 I flew
British Airways First Class and

1027
00:56:09,750 --> 00:56:12,180
they would cook your breakfast
and they would make you a boiled

1028
00:56:12,180 --> 00:56:16,260
egg. It takes nine minutes to
boil a soft boiled egg at

1029
00:56:16,260 --> 00:56:19,080
altitude. Because you know that?

1030
00:56:19,260 --> 00:56:21,660
Yeah, but the cabin is
pressurised well, so that you

1031
00:56:21,660 --> 00:56:22,860
can make up for that. Yeah.

1032
00:56:22,890 --> 00:56:24,690
pressurised to 8000 feet.

1033
00:56:24,840 --> 00:56:27,510
Oh, right. And it would take a
while. Yeah, yeah.

1034
00:56:27,810 --> 00:56:30,210
I remember saying make mine
three minutes. No more. She

1035
00:56:30,210 --> 00:56:32,490
said, Okay, that'll be nine
minutes. I'm like, no, no, we

1036
00:56:32,490 --> 00:56:35,790
talked about making three
minutes to note takes nine

1037
00:56:35,790 --> 00:56:38,190
minutes to make a soft boiled
egg at eight that word at

1038
00:56:38,190 --> 00:56:39,150
altitude pressure.

1039
00:56:40,200 --> 00:56:44,460
Hmm. I don't remember I've flown
on British First Class A couple

1040
00:56:44,460 --> 00:56:46,860
times. And I don't remember them
ever cooking me breakfast.

1041
00:56:48,120 --> 00:56:51,330
Canadian wants and I may have
done it there. Because I

1042
00:56:51,330 --> 00:56:55,770
remember, I took a Canadian Air
flight to England, it was out of

1043
00:56:55,770 --> 00:57:00,810
Toronto. And we woke up in the
morning. It was a good landing.

1044
00:57:01,050 --> 00:57:03,450
And they cooked a breakfast for
us. But it was an English

1045
00:57:03,450 --> 00:57:07,980
Breakfast with a with a heart
you know, just like yeah, with a

1046
00:57:07,980 --> 00:57:11,160
gruesome term, tremendous high
quality bangers which are almost

1047
00:57:11,160 --> 00:57:15,600
impossible to find the United
States. You know, with that sage

1048
00:57:15,600 --> 00:57:17,730
flavour and a lot of rusk, I

1049
00:57:17,730 --> 00:57:21,150
was I was not commenting I was
savouring the recall of the

1050
00:57:21,150 --> 00:57:24,150
taste. Yes.

1051
00:57:25,230 --> 00:57:30,780
So anyway, where were we have
forgot, or bitching about some

1052
00:57:32,160 --> 00:57:35,040
about Russia? Russia seems to be
in trouble.

1053
00:57:36,720 --> 00:57:39,930
Yeah, you know, I got a copy of
this video that there was a

1054
00:57:39,930 --> 00:57:42,330
thing on the Russian you know
that this new generation of

1055
00:57:42,330 --> 00:57:47,250
Russian kids, you know, that are
the sons and daughters of the of

1056
00:57:47,250 --> 00:57:50,010
the criminal group that came in
and Neo took over the oil

1057
00:57:50,010 --> 00:57:52,500
companies and everything and
made themselves billionaires and

1058
00:57:52,500 --> 00:57:54,660
now they have a bunch of
children who are just, you know,

1059
00:57:54,660 --> 00:57:58,020
entrepreneurial style, but
they're the ones who, you know,

1060
00:57:58,020 --> 00:58:01,470
they're buying up DOM pairing
yawn, and they are just big

1061
00:58:01,470 --> 00:58:03,030
spenders. And there's, you know,
the,

1062
00:58:04,200 --> 00:58:05,820
they're out of control morons.

1063
00:58:06,060 --> 00:58:08,490
They're out of controllers.
They're the worst and the 29

1064
00:58:08,490 --> 00:58:11,940
Somethings with the with the
Maseratis that we have.

1065
00:58:12,390 --> 00:58:14,790
Well, I What I've noticed is,
you know, we've been looking for

1066
00:58:14,790 --> 00:58:17,160
houses and I think we've
actually closed I don't know,

1067
00:58:17,160 --> 00:58:20,010
yet, I haven't been home for a
while, I think we actually

1068
00:58:20,010 --> 00:58:24,960
closed on the new place. But the
there was all kinds of weird

1069
00:58:24,960 --> 00:58:27,570
checks they were doing on on
background, which has nothing to

1070
00:58:27,570 --> 00:58:31,500
do with the financing just
purely about character checks.

1071
00:58:31,830 --> 00:58:35,310
And in Patricia is great, you
know, I get immediately I get

1072
00:58:35,310 --> 00:58:37,830
all like, offended and what the
fuck do you want and what's

1073
00:58:37,830 --> 00:58:40,740
wrong with you people? And she's
much more calm about it. She

1074
00:58:40,740 --> 00:58:43,950
she's talking to these guys. And
they said, Well, we've had a lot

1075
00:58:43,950 --> 00:58:47,010
of problem with Russians. And we
really don't, you know, it has

1076
00:58:47,010 --> 00:58:49,380
to do with who we bring into the
neighbourhood, you know, who

1077
00:58:49,380 --> 00:58:54,450
you're going to be dealing with?
It's an I presume it's it's the

1078
00:58:54,450 --> 00:58:58,590
same level, same age group of
people. And they they're really

1079
00:58:58,650 --> 00:59:00,150
they just don't want them
anymore.

1080
00:59:00,300 --> 00:59:01,110
They're trouble.

1081
00:59:01,170 --> 00:59:02,850
Yeah. Big time.

1082
00:59:03,810 --> 00:59:05,580
You know, and then they, you
know, they're pushy. They're

1083
00:59:05,580 --> 00:59:10,140
pushy, they're trouble they, you
know, they say is this terrible

1084
00:59:10,140 --> 00:59:14,880
group. So anyway, guy sends me a
note. And he says, I think you

1085
00:59:14,880 --> 00:59:17,790
and Adam should discuss currency
investment during this economic

1086
00:59:17,790 --> 00:59:21,030
downturn. I think it's
particularly relevant do not and

1087
00:59:21,030 --> 00:59:23,100
not just because I've been
asking you about this he wants

1088
00:59:23,100 --> 00:59:23,790
to buy in.

1089
00:59:23,850 --> 00:59:28,560
Okay. Let me let me make a minor
statement. Something very

1090
00:59:28,560 --> 00:59:32,760
interesting has happened to me
personally. So I you know, it's

1091
00:59:32,760 --> 00:59:36,360
our own company and we take a
salary it's not a huge salary.

1092
00:59:36,360 --> 00:59:39,300
It's not shit, but it's not a
huge salary. There are many

1093
00:59:39,300 --> 00:59:44,220
people in our company making
more than Ron and I. But right

1094
00:59:44,220 --> 00:59:48,990
now, because of the way the
dollar has, stands against the

1095
00:59:48,990 --> 00:59:53,280
pound and actually the euro, but
the pound in particular. I got

1096
00:59:53,280 --> 00:59:58,260
like 20% more pounds in a month
than a than I had two months

1097
00:59:58,260 --> 01:00:06,120
ago. Yeah. Which is nice. But of
course that is bound to swing

1098
01:00:06,120 --> 01:00:06,870
the other way.

1099
01:00:07,410 --> 01:00:12,510
Right? Well, I'm not a big fan I
think currency investment is a

1100
01:00:12,960 --> 01:00:15,240
well the only way you can do it
is if you're into swaps because

1101
01:00:15,240 --> 01:00:18,090
that's what that's that's what
that's part of this problem. So,

1102
01:00:18,090 --> 01:00:22,530
what you do is you take a
position in foreign exchange and

1103
01:00:22,530 --> 01:00:26,220
then you insure that with a swap
and that of course is these

1104
01:00:26,220 --> 01:00:30,150
really unstructured on non
transparent not officially

1105
01:00:30,150 --> 01:00:34,650
traded not regulated derivatives
that have caused a lot of the

1106
01:00:34,650 --> 01:00:36,840
problems that we will not we
that have caused the financial

1107
01:00:36,840 --> 01:00:39,870
sector a lot of problems so I
you know, and look, I'm not

1108
01:00:39,870 --> 01:00:43,530
really I'm an investor in real
companies. I don't invest in in

1109
01:00:43,680 --> 01:00:46,950
publicly I used to, but I
stopped a long time ago I don't

1110
01:00:46,950 --> 01:00:50,820
invest in in publicly traded
companies because I've run one

1111
01:00:51,090 --> 01:00:54,210
and it's full of shit they lie
to you. Their numbers are

1112
01:00:54,210 --> 01:00:58,410
bullshit. It's trickery.
Everyone's in on the plot. Why

1113
01:00:58,410 --> 01:01:00,720
do you think Arthur Andersen
went down the tubes they were

1114
01:01:00,720 --> 01:01:05,250
all a part of the system it's a
big lie you know and and most

1115
01:01:05,250 --> 01:01:08,760
people if you're not somehow on
the inside like you are perhaps

1116
01:01:08,760 --> 01:01:12,900
with with Andrew Horowitz you're
gonna get screwed you will get

1117
01:01:12,900 --> 01:01:16,920
screwed if you buy into stocks
if you buy into currencies same

1118
01:01:16,920 --> 01:01:19,020
thing because you're not a part
of the big game you're not a

1119
01:01:19,020 --> 01:01:22,500
part of the system you cannot
win as a small guy just trying

1120
01:01:22,500 --> 01:01:23,700
to make an investment my I

1121
01:01:23,700 --> 01:01:26,160
would agree with that. I would
agree with that. Pretty much

1122
01:01:26,160 --> 01:01:30,330
yeah. I sands and currency stuff
in particular really takes a

1123
01:01:30,510 --> 01:01:34,230
skilled professional. Yeah. I'm
I'm thinking you just slop

1124
01:01:34,230 --> 01:01:36,060
around because you think the
dollar is gonna go up and the

1125
01:01:36,060 --> 01:01:38,580
dollar is gonna go down. And if
you feel that way, you know,

1126
01:01:38,580 --> 01:01:42,630
find some exchange traded fund
that is

1127
01:01:42,990 --> 01:01:45,990
just quit and become a day
trader. I'm doing something very

1128
01:01:45,990 --> 01:01:49,260
crazy. John, I'm doing something
called what is it called again?

1129
01:01:49,290 --> 01:01:54,300
Oh, saving. That's what it was.
Yes, I'm saving my money. Isn't

1130
01:01:54,300 --> 01:01:55,050
that crazy?

1131
01:01:56,010 --> 01:01:59,640
Well, some would think, yeah,
no, that's a good point. You

1132
01:01:59,640 --> 01:02:02,460
know, if you want to become a
day trader, you know, sit there

1133
01:02:02,460 --> 01:02:04,860
all day as this is like becoming
I always say to people, it's

1134
01:02:04,860 --> 01:02:07,500
like, one of the reasons I think
it's the professionals do so

1135
01:02:07,500 --> 01:02:10,200
much better. It's like becoming
a professional gambler. I've

1136
01:02:10,200 --> 01:02:12,990
known two of them. And the
professional gambler tell you

1137
01:02:12,990 --> 01:02:14,880
the same thing that you know,
they went all the money, the

1138
01:02:14,880 --> 01:02:17,190
amateurs lose all the money. And
that's the way the game is

1139
01:02:17,190 --> 01:02:19,860
played in it typically a
professional gambler, not those

1140
01:02:19,860 --> 01:02:23,280
guys, you see that when all this
poker pots, but typically a

1141
01:02:23,280 --> 01:02:27,510
professional gambler will make
100 to $200,000 a year if he's

1142
01:02:27,510 --> 01:02:31,860
full time. And he knows what
he's doing. And he has a knack

1143
01:02:31,860 --> 01:02:35,010
for it. I mean, it, it takes us
lots of skill to do and you can

1144
01:02:35,010 --> 01:02:37,590
make money doing it. But that's
what you have debt, that is your

1145
01:02:37,590 --> 01:02:38,010
job,

1146
01:02:38,040 --> 01:02:40,800
yeah, that you have to do it
full time you got to buy in, you

1147
01:02:40,800 --> 01:02:43,380
got to be in the big game with
everybody else. Otherwise,

1148
01:02:43,380 --> 01:02:45,600
there's just no way to win no
way period.

1149
01:02:46,620 --> 01:02:49,260
So and it's all these little
guys. And that's the reason I

1150
01:02:49,260 --> 01:02:51,300
don't think that this economic
crisis that we're going through

1151
01:02:51,300 --> 01:02:55,320
right now is the big one,
because the public is not in the

1152
01:02:55,320 --> 01:02:58,800
market. And it's always the
public at large. That takes it

1153
01:02:58,800 --> 01:03:02,640
in the shorts. When you have an
economic collapse. They're the

1154
01:03:02,640 --> 01:03:05,220
ones left holding the bag, just
like the amateurs who are the

1155
01:03:05,220 --> 01:03:08,610
amateur gamblers, they're left
holding the bag, or you have the

1156
01:03:08,670 --> 01:03:11,100
you know, or the addicted
gambler, those poor bastards.

1157
01:03:11,520 --> 01:03:15,510
But there are millions of people
who are who are getting shafted.

1158
01:03:15,540 --> 01:03:17,490
I mean, there's, you can't deny
that

1159
01:03:17,520 --> 01:03:19,800
Yeah, but that's that's a
different kind of shaft where

1160
01:03:19,800 --> 01:03:22,710
you're, you know, you're I mean,
you're getting stitches. So

1161
01:03:22,710 --> 01:03:25,980
round about shaft, it's not as
though you were in the market,

1162
01:03:25,980 --> 01:03:27,990
you know, and you're all pumped
up about it, and you putting

1163
01:03:27,990 --> 01:03:30,540
everything in it, you go on
margin, you're borrowing money,

1164
01:03:30,540 --> 01:03:32,940
you're taking out a mortgage on
your house, because you know

1165
01:03:32,940 --> 01:03:35,460
that Juniper Networks is going
to double and blah, blah, blah.

1166
01:03:35,460 --> 01:03:35,610
But

1167
01:03:35,610 --> 01:03:38,400
this is the crazy thing, this is
such an American thing, because

1168
01:03:38,400 --> 01:03:43,350
of course, our quote, economy
was built on this system of, of

1169
01:03:43,350 --> 01:03:49,740
publicly traded equities and
debt, etc. In Europe, you can go

1170
01:03:49,740 --> 01:03:53,790
ask 100 people on the street,
and maybe one of them will

1171
01:03:53,790 --> 01:03:58,170
actually be actively engaged in
any kind of trading with their

1172
01:03:58,170 --> 01:04:00,660
money. People just don't do it.
They're I mean, they're

1173
01:04:00,690 --> 01:04:03,210
unfortunately they trust the
government put all their money

1174
01:04:03,210 --> 01:04:07,350
into pensions and, and, you
know, it gets, they get diluted

1175
01:04:07,350 --> 01:04:12,030
that way. But it's a very
American thing to invest in, in

1176
01:04:12,030 --> 01:04:15,690
companies and oh, yeah, I think
it's a good company, or, you

1177
01:04:15,690 --> 01:04:18,960
know, I like the product. So I'm
going to buy stock in them, you

1178
01:04:18,960 --> 01:04:22,440
know, that is that no longer has
any relevance to what these

1179
01:04:22,440 --> 01:04:26,220
companies are doing. You're much
better off either starting your

1180
01:04:26,220 --> 01:04:29,490
own business or used to be it's
over now with Obama, much better

1181
01:04:29,490 --> 01:04:32,910
off starting your own business
or helping out investing in a

1182
01:04:32,910 --> 01:04:35,550
small business, because that's
where you can actually over the

1183
01:04:35,550 --> 01:04:38,460
long term, you'll probably make
more money and you might even

1184
01:04:38,460 --> 01:04:39,390
have more fun.

1185
01:04:41,520 --> 01:04:45,120
That would No, I would agree
with that. But people do like to

1186
01:04:45,120 --> 01:04:47,130
get into the stock market,
especially when it's going up

1187
01:04:47,130 --> 01:04:48,810
like crazy and they all get in
because

1188
01:04:48,810 --> 01:04:51,870
we're greedy, greedy ass
bastards. And we can the old

1189
01:04:51,870 --> 01:04:52,110
lady

1190
01:04:52,590 --> 01:04:55,350
is down at the bottom. I get
this. I'm always amazed at that.

1191
01:04:55,350 --> 01:04:58,080
I mean, is that the things
bouncing around the bottom? Yes.

1192
01:04:58,530 --> 01:05:01,860
Bang, bang, bang. You can feed
Do it, and you can see it and

1193
01:05:01,860 --> 01:05:04,650
you watch it and use and people
are bailing out, wait a minute,

1194
01:05:04,650 --> 01:05:07,110
this is not the point where you
bail out or that will mean the

1195
01:05:07,110 --> 01:05:10,230
old rule still applies you buy
low, sell high wanted to go the

1196
01:05:10,230 --> 01:05:12,870
other way, you know, now we're
all selling low, and then they

1197
01:05:12,870 --> 01:05:15,150
get to the top to all be buying
in and then they'll be stuck

1198
01:05:15,150 --> 01:05:16,890
holding the bag. It's
unbelievable. And then of

1199
01:05:16,890 --> 01:05:19,320
course, they'll sell again when
it bounces off the bottom again

1200
01:05:19,530 --> 01:05:20,700
in 2013.

1201
01:05:20,790 --> 01:05:22,590
Well, that's just like gambling
if you don't know what you're

1202
01:05:22,590 --> 01:05:25,410
doing the minute you lose like
crap, I'm gonna go home now.

1203
01:05:26,640 --> 01:05:31,020
Like then you lost you cannot
win people so to your to our

1204
01:05:31,020 --> 01:05:33,480
listener who said, you know,
what should I do? Save your

1205
01:05:33,480 --> 01:05:35,970
money, my friend. That's what
I'd say save it.

1206
01:05:36,180 --> 01:05:40,890
Just want to get into this weird
kinds of things.

1207
01:05:40,920 --> 01:05:43,170
John, do you remember back in
the day when you were you know,

1208
01:05:43,200 --> 01:05:46,500
we remember layaway? Does that
still exist in America, layaway?

1209
01:05:47,280 --> 01:05:49,380
There's being revitalised.
There's just a new story about

1210
01:05:49,380 --> 01:05:51,240
it the other day, there's
there's some of these stores

1211
01:05:51,240 --> 01:05:53,760
because of the credit crunch and
they can't give cards away or

1212
01:05:53,760 --> 01:05:57,060
whatever. People are rejecting
credit cards. Thank God. There's

1213
01:05:57,060 --> 01:06:00,150
their layaway is now being
revitalised by some of the big

1214
01:06:00,150 --> 01:06:03,330
department stores. Absolutely
right? I don't remember it.

1215
01:06:03,390 --> 01:06:06,720
Great idea. So the concept is,
you look at the thing in the

1216
01:06:06,720 --> 01:06:09,900
shop window, and you go and you
say I really want that and can I

1217
01:06:09,900 --> 01:06:14,340
do a layaway and they say Okay,
give me 10% And when you've paid

1218
01:06:14,340 --> 01:06:17,010
it off, and sometimes you'll get
a you know, a range like you

1219
01:06:17,010 --> 01:06:20,040
know, become pay something every
week or every month and when

1220
01:06:20,040 --> 01:06:22,320
it's paid off, it'll be yours,
and I'll keep it safe for you.

1221
01:06:22,590 --> 01:06:25,470
And it was a fantastic system.
And you know what, it was so

1222
01:06:25,470 --> 01:06:29,580
much more rewarding. me like,
oh, man, I really want that new

1223
01:06:29,580 --> 01:06:31,830
bike, you know, I'm going to
save for it. Or I'm going to do

1224
01:06:31,830 --> 01:06:34,890
it on layaway. And when you got
it, you appreciated it and you

1225
01:06:34,890 --> 01:06:38,040
were careful of it and you loved
it. And you were proud of

1226
01:06:38,040 --> 01:06:42,000
yourself. And that was a feeling
that has gone it's just gone now

1227
01:06:42,000 --> 01:06:45,690
it's like and let me see if I
pay off another 100 bucks on my

1228
01:06:45,690 --> 01:06:49,500
credit card. Maybe you know,
it's like it's reverse saving

1229
01:06:49,530 --> 01:06:50,910
where it's dumb.

1230
01:06:51,390 --> 01:06:56,790
Well, the credit card thing is a
disaster. So yeah, well of

1231
01:06:56,790 --> 01:06:58,890
course nowadays you know you
could do the layaway you get to

1232
01:06:58,890 --> 01:07:01,260
see the bicycle and you go get
it and you put all the money

1233
01:07:01,260 --> 01:07:03,120
down you finally take the thing
home of course it was made in

1234
01:07:03,120 --> 01:07:06,180
China and the wheel falls off. A
lot to do with

1235
01:07:06,210 --> 01:07:10,260
it true through the quality of
the product. Well you get what

1236
01:07:10,260 --> 01:07:12,450
you pay for. And of course you
didn't really pay for it. You

1237
01:07:12,450 --> 01:07:17,850
borrowed it. saps stop this
people stop it. Stop it, please.

1238
01:07:21,240 --> 01:07:23,970
Oil down to $67.

1239
01:07:24,150 --> 01:07:27,840
Yeah, well, I've been short oil
for some time now. That's my

1240
01:07:27,840 --> 01:07:30,000
only investment people say oh,
you know, you're writing about

1241
01:07:30,000 --> 01:07:34,290
this. So I have one investment
period. I mean, I have some some

1242
01:07:34,290 --> 01:07:35,280
options I hold for

1243
01:07:35,280 --> 01:07:37,530
some between the two of us.
We're doing good. I got the

1244
01:07:37,530 --> 01:07:38,760
gold. You got the oil.

1245
01:07:39,180 --> 01:07:42,660
Yeah, like guy down the oil
thing. You know, we talked about

1246
01:07:42,660 --> 01:07:44,760
it a million times, it's obvious
that you know it was going down.

1247
01:07:44,760 --> 01:07:51,240
So I bought an exchange traded
note. It's my entire retirement

1248
01:07:51,240 --> 01:07:54,150
fund is in it. D to anyone who
wants to

1249
01:07:54,150 --> 01:07:57,660
check with me. I just want you
to your entire retirement fund

1250
01:07:57,690 --> 01:07:59,790
is in it. My 401k

1251
01:07:59,850 --> 01:08:04,800
SEP IRA. Wow. So yeah, I mean,
why not? And because we were so

1252
01:08:04,800 --> 01:08:07,020
obvious that oil was going to go
down. So I just bought it and I

1253
01:08:07,020 --> 01:08:09,270
think goes up like every time
the market goes down. 500

1254
01:08:09,270 --> 01:08:13,110
points. This thing goes up four
points. Yes. hilarious to watch

1255
01:08:13,110 --> 01:08:15,990
it. And everyone's moaning and
groaning I'm going Hey, looks

1256
01:08:15,990 --> 01:08:19,710
good to me. I'm happy with it. I
just had to figure out what the

1257
01:08:19,710 --> 01:08:22,560
bottom is for this oil, because
now it's at 60. Some

1258
01:08:22,710 --> 01:08:28,500
I'm hearing 50 is still looking
at 40. Really? So and it is

1259
01:08:28,500 --> 01:08:29,580
translating somewhat to

1260
01:08:29,580 --> 01:08:32,610
then you know the oil was at 25
when this whole bullshit run up

1261
01:08:32,610 --> 01:08:33,210
came up?

1262
01:08:34,110 --> 01:08:38,520
Yeah. Well, I'm, I'm happy about
that, although I don't think

1263
01:08:38,520 --> 01:08:40,770
we're quite seeing it. We're
seeing some difference at the

1264
01:08:40,770 --> 01:08:41,400
gas pump.

1265
01:08:42,510 --> 01:08:45,960
It's pretty noticeable here.
It's already under $3 a gallon.

1266
01:08:46,170 --> 01:08:49,650
In a lot of places. My wife just
bought a bunch of gas for the

1267
01:08:49,680 --> 01:08:55,500
van for 279. And she was paying
like for something just like

1268
01:08:55,500 --> 01:08:56,490
three, four months ago.

1269
01:08:56,640 --> 01:08:59,940
So then shouldn't food prices
come down? Should a whole bunch

1270
01:08:59,940 --> 01:09:03,030
of things come down? What is now
creating the inflation? If it's

1271
01:09:03,030 --> 01:09:06,240
not the oil prices? They can't
use that as an excuse anymore?

1272
01:09:06,240 --> 01:09:07,470
So it's got to be the currency.

1273
01:09:09,240 --> 01:09:11,040
Well, you know, the dollars
going up. That's another

1274
01:09:11,040 --> 01:09:12,300
interesting thing. Yeah, that's

1275
01:09:12,300 --> 01:09:15,300
not that's got to be artificial.
There's just no two ways about

1276
01:09:15,300 --> 01:09:16,530
it just makes no sense.

1277
01:09:16,740 --> 01:09:19,530
Well, it's always been
artificial. But the way I see

1278
01:09:19,530 --> 01:09:23,130
it, I still think that the
dollar was was oversold to an

1279
01:09:23,130 --> 01:09:26,400
extreme because of the fact is,
and I say people will always

1280
01:09:26,400 --> 01:09:28,920
say, well, the only reason
you're saying that's because you

1281
01:09:28,920 --> 01:09:31,350
don't understand how things
work. Oh, here's what I'm

1282
01:09:31,350 --> 01:09:36,030
saying. I don't care about the
taxes, I factor the taxes in I

1283
01:09:36,030 --> 01:09:40,200
can buy a bottle of quality
Bordeaux wine in San Francisco

1284
01:09:40,350 --> 01:09:44,430
at half the price I'd pay for it
in Paris. And when the dollar is

1285
01:09:44,430 --> 01:09:47,280
the other way, it would be
pretty much the same price but

1286
01:09:47,280 --> 01:09:51,960
now I'm paying twice as much in
France for their wine than I'm

1287
01:09:51,960 --> 01:09:53,100
paying for it here.

1288
01:09:53,130 --> 01:09:55,590
I think that might have changed
a little bit now with the Euro

1289
01:09:55,590 --> 01:09:57,990
being down to like 127

1290
01:09:58,380 --> 01:10:01,380
Well, I was taught that's
changing When I had the best

1291
01:10:01,380 --> 01:10:06,390
time is when the Euro was 80
cents. And you were in France

1292
01:10:06,390 --> 01:10:09,300
and you could live it up. And
that's when I should have bought

1293
01:10:09,300 --> 01:10:11,520
an apartment or something there
because it was the prices were

1294
01:10:11,520 --> 01:10:14,610
right. But now it's just
completely missed it.

1295
01:10:15,119 --> 01:10:18,779
Why is it? Why is it necessary
for the Federal Reserve and

1296
01:10:18,779 --> 01:10:22,079
central banks to manipulate our
money? Why is that necessary? Is

1297
01:10:22,079 --> 01:10:23,099
that for our benefit?

1298
01:10:23,460 --> 01:10:27,660
Supposedly, I saw a lesson to
keep the economy from getting

1299
01:10:27,660 --> 01:10:29,130
into that boom bust cycle, which

1300
01:10:29,279 --> 01:10:32,459
please It's what creates the
boom bust cycle. What are you

1301
01:10:32,459 --> 01:10:33,959
talking about the regular

1302
01:10:33,960 --> 01:10:37,500
business cycle is is has to be
somehow controlled in some way

1303
01:10:37,500 --> 01:10:40,320
and they think with these
theories, but at the interest

1304
01:10:40,320 --> 01:10:43,500
rate controlling things that
they can commit, manage to keep

1305
01:10:43,500 --> 01:10:45,990
things on an even keel because
they don't want the banks, for

1306
01:10:45,990 --> 01:10:49,140
example, do not want to have all
things an inflationary

1307
01:10:49,140 --> 01:10:50,310
environment, because then

1308
01:10:50,519 --> 01:10:53,849
it's the banks. Yeah, the banks.
But listen, isn't this exactly

1309
01:10:53,849 --> 01:10:55,619
what Greenspan just said? He
said,

1310
01:10:55,770 --> 01:10:59,280
Oh, well, there was a flaw in
the system of how the world

1311
01:10:59,280 --> 01:11:01,470
works. I didn't really
understand that,

1312
01:11:01,709 --> 01:11:04,769
as his nose is like five times
longer than normal. Do you see

1313
01:11:04,769 --> 01:11:05,849
his nose is huge.

1314
01:11:08,010 --> 01:11:10,440
I think he's got rosacea or
something's wrong with his nose.

1315
01:11:10,800 --> 01:11:11,820
Yeah, it's called

1316
01:11:11,820 --> 01:11:12,480
lying.

1317
01:11:16,800 --> 01:11:19,440
Yes, kids, when you lie your
nose

1318
01:11:19,440 --> 01:11:24,630
grows is absolutely true. No, I
saw a Ron Paul video on YouTube

1319
01:11:24,630 --> 01:11:28,110
from the 80s. And he said
something very interesting. He

1320
01:11:28,110 --> 01:11:32,460
said, it's not just wrong from a
financial perspective for the

1321
01:11:32,460 --> 01:11:36,540
central banks to be controlling
our money and to be effectively

1322
01:11:36,540 --> 01:11:40,260
diluting it by printing more. He
said it's a moral issue. And

1323
01:11:40,290 --> 01:11:42,120
this is what I thought was
interesting. He said it's the

1324
01:11:42,120 --> 01:11:46,080
same as if the government
decided to dilute your milk to

1325
01:11:46,080 --> 01:11:48,870
make more of it. And I thought
that was a pretty good analogy.

1326
01:11:49,530 --> 01:11:54,240
Yes. And some dairies do that,
which is immoral. Yeah, it is.

1327
01:11:54,270 --> 01:11:57,360
Well, same thing as using that
crazy chemical to make the cows

1328
01:11:57,360 --> 01:12:00,960
pump out more tasteless milk. I
mean that if you've ever had

1329
01:12:00,960 --> 01:12:03,570
that stuff, and I've tasted as
horrible as tasteless Now what

1330
01:12:03,570 --> 01:12:06,510
does that tasteless milk what
does that is that BST? That

1331
01:12:06,510 --> 01:12:09,630
bovine hormone that that makes
you know you shoot up these

1332
01:12:09,630 --> 01:12:13,230
cows? Is that what it was for?
Yeah, so they produce like 20 to

1333
01:12:13,230 --> 01:12:17,130
30% more milk you know on a
daily basis so you get cheaper

1334
01:12:17,130 --> 01:12:19,290
you know you get up the dairy
farmers can make more money and

1335
01:12:19,290 --> 01:12:22,410
they were doing it with Monsanto
was trying to ban anybody saying

1336
01:12:23,610 --> 01:12:24,120
and have it

1337
01:12:24,120 --> 01:12:27,540
Santo there you go that a patent
on it, of course, patented cows

1338
01:12:27,930 --> 01:12:30,300
show anyway. So they're pumping
this stuff up, and meanwhile,

1339
01:12:30,300 --> 01:12:31,470
the milk is crap.

1340
01:12:33,270 --> 01:12:36,180
Unbelievable. I get a lot of
pushback from the greenies

1341
01:12:36,180 --> 01:12:39,030
listening to the show. You must
have gotten some of that. Nope.

1342
01:12:39,240 --> 01:12:42,000
Oh, really? Maybe they've just
given up. This was the last for

1343
01:12:42,000 --> 01:12:42,420
the last year.

1344
01:12:42,929 --> 01:12:46,379
They've given up on me a long
time ago. A newbie will show up

1345
01:12:46,379 --> 01:12:48,179
once in a while and send me
something and and I'll just

1346
01:12:48,179 --> 01:12:53,489
blast them. And or, you know, I
don't know. I don't know what

1347
01:12:53,489 --> 01:12:56,459
their problem is. I mean, if
people want to take their their

1348
01:12:56,489 --> 01:12:59,819
green thing and they want to go
crazy finds that doesn't. It's

1349
01:12:59,819 --> 01:13:03,269
not like killing me. That's just
when it impinges is when I'm

1350
01:13:03,269 --> 01:13:06,149
bothered, you know, I don't
impinges on all kinds of, you

1351
01:13:06,149 --> 01:13:10,019
know, normal living. And I also
don't like the idea of

1352
01:13:10,019 --> 01:13:13,349
everything being politicised.
And the whole green thing is

1353
01:13:13,349 --> 01:13:17,909
vegans are the worst air they
eat based on politics. I eat

1354
01:13:17,909 --> 01:13:19,949
based on quality and tasty food

1355
01:13:19,980 --> 01:13:21,360
and stuff. That's good for me.

1356
01:13:21,810 --> 01:13:22,320
You know,

1357
01:13:22,530 --> 01:13:25,260
let me ask you a question. Just
to switch gears briefly, because

1358
01:13:25,260 --> 01:13:29,610
there's a lot of talk right now
in the United States about gay

1359
01:13:29,640 --> 01:13:32,430
marriage. And here's what I
don't understand that maybe you

1360
01:13:32,430 --> 01:13:36,270
can help me is it not so that
there is a separation between

1361
01:13:36,270 --> 01:13:40,620
church and state? Why is this an
issue? Why why are there even

1362
01:13:40,620 --> 01:13:43,590
propositions in California? We
had these with elections. Yeah,

1363
01:13:43,590 --> 01:13:46,650
these propositions, which is the
closest thing we have kind of to

1364
01:13:46,650 --> 01:13:51,300
a referendum, where you can vote
on a, you know, some law and

1365
01:13:51,780 --> 01:13:54,540
enjoy the big one now is gay
marriage, and I just don't

1366
01:13:54,540 --> 01:13:58,830
understand Wow, why is that
actually, a law isn't isn't the

1367
01:13:58,830 --> 01:13:59,790
Turkish marriage,

1368
01:13:59,790 --> 01:14:01,920
it's got nothing to do with the
church, especially in the United

1369
01:14:01,920 --> 01:14:06,960
States, but marriages is a civil
contract that is really governed

1370
01:14:06,960 --> 01:14:10,980
by the states and and the feds,
insofar as how you divide up the

1371
01:14:10,980 --> 01:14:15,150
money when it when when one of
these it's not a corporation,

1372
01:14:15,150 --> 01:14:19,080
but it's like a partnership that
you sign up for, and it's got

1373
01:14:19,080 --> 01:14:20,550
nothing to do with the churches.

1374
01:14:21,810 --> 01:14:27,180
Okay, but so in California does
does a civil union exist? No.

1375
01:14:28,080 --> 01:14:31,290
The reason for that, and it does
exist in Massachusetts and other

1376
01:14:31,290 --> 01:14:34,620
places, and they don't want to
use the word civil union,

1377
01:14:34,620 --> 01:14:37,470
because everybody wants to use
the word marriage. I mean, the

1378
01:14:37,470 --> 01:14:41,400
people who want this to be
legalised, and it is kind of at

1379
01:14:41,400 --> 01:14:43,680
the moment, but they're trying
to de legalise it because it's

1380
01:14:43,680 --> 01:14:44,250
state voted

1381
01:14:44,250 --> 01:14:46,770
against Obama as well, by the
way I might add

1382
01:14:47,730 --> 01:14:51,270
to what he says. But anyway, you
know, eventually it's going to

1383
01:14:51,540 --> 01:14:55,200
it's going to have some binding
the thing it was always you

1384
01:14:55,200 --> 01:14:58,290
know, behind it, at least
according to the cynics was the

1385
01:14:58,290 --> 01:15:01,170
only reason that you know, gays
wanted to get married was I

1386
01:15:01,170 --> 01:15:03,240
mean, they could always just,
you know, be happy, you know,

1387
01:15:03,240 --> 01:15:04,230
they could go someplace.

1388
01:15:04,260 --> 01:15:06,780
Yeah, that's my next question is
what's the benefit? What's the

1389
01:15:06,810 --> 01:15:07,770
what's the legal very

1390
01:15:07,770 --> 01:15:11,370
health and insurance benefits of
the gay married couple working

1391
01:15:11,370 --> 01:15:14,850
at me VO and the one of the
partners who's not working at

1392
01:15:14,850 --> 01:15:17,670
me, have you been married to the
person who is they get the same

1393
01:15:17,670 --> 01:15:19,950
health benefits, you know, to
pay for health benefits for that

1394
01:15:19,950 --> 01:15:23,760
person. And it's really mostly
about benefits. I mean, there's

1395
01:15:23,760 --> 01:15:27,300
the psychological need for
people that want to be married,

1396
01:15:27,300 --> 01:15:30,600
which is whatever it is, but
there's also these other, you

1397
01:15:30,600 --> 01:15:33,450
know, a contract and, you know,
being able to visit them in the

1398
01:15:33,450 --> 01:15:36,930
hospital because you're their
wife or husband, which you can't

1399
01:15:36,930 --> 01:15:39,390
do if you're just some guy
walking off the streets in many

1400
01:15:39,390 --> 01:15:41,910
situations where you're in
intensive care for example.

1401
01:15:41,940 --> 01:15:46,200
Yeah, and also, you know, if
there's a dissolution who owns

1402
01:15:46,200 --> 01:15:49,350
the you know, who owns the dog,
you know how to split the kids

1403
01:15:49,350 --> 01:15:51,660
up I mean, you can't do that if
they're never if they're never

1404
01:15:51,690 --> 01:15:55,230
really hooked up legally. And
it's just a people shacked up

1405
01:15:55,260 --> 01:15:57,240
boy, what I wanted to get that
out of the way, because it's

1406
01:15:57,240 --> 01:16:03,660
actually causes more trouble.
civil unions are, I think result

1407
01:16:03,660 --> 01:16:07,410
in less troublesome legal crap.
And because it's

1408
01:16:07,410 --> 01:16:09,870
a it's a set process, right,
then you know, what's going to

1409
01:16:09,870 --> 01:16:11,130
happen? And it's just done.
Yeah,

1410
01:16:11,130 --> 01:16:13,440
it's not a crapshoot. So I mean,
I don't have a problem

1411
01:16:13,440 --> 01:16:16,620
personally. With the whole idea,
it doesn't bother me, I don't

1412
01:16:16,620 --> 01:16:19,350
know, bothers a lot of people.
And some then we watched it when

1413
01:16:19,350 --> 01:16:22,110
they had that one week of
somehow there was some overturn.

1414
01:16:22,110 --> 01:16:24,000
And there was over the getting
married left and right in San

1415
01:16:24,000 --> 01:16:28,950
Francisco Newsom and who's a
weirdo to say the least,

1416
01:16:29,520 --> 01:16:33,060
but Newsom is is for for gave,
Oh, absolutely.

1417
01:16:33,060 --> 01:16:36,000
He's trying to give run for
president eventually go on that

1418
01:16:36,000 --> 01:16:38,880
on the back of that thing. But
he, there were people getting

1419
01:16:38,880 --> 01:16:41,400
married these couples, you know,
their dad looked like they were

1420
01:16:41,400 --> 01:16:44,280
happier than a clam. I was
unbelievable. It was, it was

1421
01:16:44,280 --> 01:16:48,000
actually kind of kind of sweet.
So I'm not, you know, I'm not.

1422
01:16:49,200 --> 01:16:52,560
I'm all for it. I mean, I want I
want every every person in the

1423
01:16:52,560 --> 01:16:55,620
world to have the same benefits
that I have of being married,

1424
01:16:55,620 --> 01:16:57,570
you know, I want you to have the
kids, I want you to have all

1425
01:16:57,570 --> 01:16:59,910
the, you know, when you get a
divorce, I want you to have to

1426
01:17:00,210 --> 01:17:04,260
go through the same shit. Please
have all those benefits. But

1427
01:17:04,260 --> 01:17:06,720
that the Okay, that's now thank
you for explaining that I

1428
01:17:06,720 --> 01:17:10,320
thought that I was clearly
confusing the marriage part with

1429
01:17:10,320 --> 01:17:13,260
the church part. So that it that
is completely separate? Well,

1430
01:17:13,260 --> 01:17:16,890
Biden said, you know, I'm
against gay marriage. I won't

1431
01:17:16,890 --> 01:17:17,370
have it.

1432
01:17:18,120 --> 01:17:20,010
I mean, I think there's a lot of
people that are against gay

1433
01:17:20,010 --> 01:17:22,140
marriage. Usually they're
churchgoers, and they're

1434
01:17:22,500 --> 01:17:24,720
right. But that has nothing to
do with it that has nothing.

1435
01:17:25,950 --> 01:17:27,210
But there's you know, but just
like,

1436
01:17:28,320 --> 01:17:33,240
is it not? Is it that maybe just
because we can't, we there's a

1437
01:17:34,170 --> 01:17:38,700
resistance towards calling it
something else. Calling it a

1438
01:17:38,700 --> 01:17:41,730
partnership, or a union or
something like that,

1439
01:17:41,730 --> 01:17:44,340
you know, it's one of those
things. It's just a, it's just a

1440
01:17:44,340 --> 01:17:49,920
point of contention. To me, I
don't care what they call it,

1441
01:17:49,950 --> 01:17:54,090
because I'm not on that side of
the argument that is going to be

1442
01:17:54,090 --> 01:17:57,780
affected by it one way or the
other. But apparently they do

1443
01:17:57,780 --> 01:18:01,530
care. And they don't like the
idea of being I think it has to

1444
01:18:01,530 --> 01:18:04,410
do with it's kind of insulting
to be in a different class or

1445
01:18:04,410 --> 01:18:07,470
category. Yeah, we're married,
but you're just,

1446
01:18:07,860 --> 01:18:10,230
you know, you're not really
married. Yeah, it's

1447
01:18:10,260 --> 01:18:14,880
you're not really, you know, Bs.
And so and I think a lot of

1448
01:18:14,880 --> 01:18:17,220
these, you know, there are some
liberal churches that would, you

1449
01:18:17,220 --> 01:18:21,360
know, like to do marriages with
these people too. And I think I

1450
01:18:21,360 --> 01:18:23,580
think it's just, you know,
they're probably the argument

1451
01:18:23,580 --> 01:18:27,390
for the use of the word marriage
in this regard is probably it's

1452
01:18:27,390 --> 01:18:29,220
got to be part of it. That's
gotta be it's gonna be it's

1453
01:18:29,220 --> 01:18:31,470
gonna be I think, you know,
these things you can argue to

1454
01:18:31,470 --> 01:18:33,630
you're blue in the face, and
maybe if you're, you know, very

1455
01:18:33,630 --> 01:18:36,750
fundamentalist church person,
you think it's an abomination?

1456
01:18:36,750 --> 01:18:40,350
Because, you know, the Bible
says is a bad thing. I think

1457
01:18:40,350 --> 01:18:43,410
they're good, that opinion is
not going to change. But I think

1458
01:18:43,410 --> 01:18:45,840
it's a foregone conclusion, you
know, because it's just, you

1459
01:18:45,840 --> 01:18:48,750
know, this drug dragging on too
long. It's ridiculous on

1460
01:18:48,750 --> 01:18:50,940
conclusion, and why that is just
not not ever going to happen.

1461
01:18:51,030 --> 01:18:53,820
No, it is going to happen to
foregone conclusion that's going

1462
01:18:53,820 --> 01:18:54,330
to happen,

1463
01:18:54,420 --> 01:18:57,120
but not under Obama, because
that's exactly what he said nor

1464
01:18:57,120 --> 01:19:00,090
under McCain. It's gonna happen
under Obama.

1465
01:19:03,270 --> 01:19:06,810
Well, it won't happen under
McCain, I can assure you, but

1466
01:19:06,810 --> 01:19:10,200
it's gonna happen under Obama at
least is going to start

1467
01:19:10,200 --> 01:19:11,310
happening. Okay, so

1468
01:19:11,310 --> 01:19:14,430
then why does Joe Biden say I'm
against what Joe Biden say he's

1469
01:19:14,430 --> 01:19:15,060
against it?

1470
01:19:15,150 --> 01:19:18,240
I think they're both full of
crap. Thank you. I think they're

1471
01:19:18,240 --> 01:19:21,600
both full of crap on this. I
think they're lying. Well,

1472
01:19:21,600 --> 01:19:21,990
people

1473
01:19:21,990 --> 01:19:26,280
who who think Obama is is the
Messiah, you know, you can't

1474
01:19:26,280 --> 01:19:29,070
have it both ways. You can't
have them lying about one thing

1475
01:19:29,070 --> 01:19:31,620
to get in office and then expect
they're not gonna lie about

1476
01:19:31,620 --> 01:19:34,860
other things. Just doesn't work
that way. A liar is a liar is a

1477
01:19:34,860 --> 01:19:35,370
liar.

1478
01:19:35,910 --> 01:19:41,820
Well as a politician, so I mean,
it's not like a shock. But no, I

1479
01:19:41,820 --> 01:19:43,950
think it's gonna but yeah, these
are you know, they what they're

1480
01:19:43,950 --> 01:19:46,440
gonna do, and I think Biden said
this, too. They were the

1481
01:19:46,440 --> 01:19:50,100
Republicans had a really kind of
a cool approach to this, which

1482
01:19:50,100 --> 01:19:53,760
was, leave it to the states. Why
should we the forage

1483
01:19:53,790 --> 01:19:56,970
is exactly what the Constitution
says.

1484
01:19:57,150 --> 01:20:00,330
Right. So and but the Democrats
hate that they Rather than have

1485
01:20:00,330 --> 01:20:02,190
everything done at the federal
level, and I'm sure they're

1486
01:20:02,190 --> 01:20:04,290
going to be pressured to do
something about gay marriage at

1487
01:20:04,290 --> 01:20:07,290
the federal level, but I think
they can legitimately say, you

1488
01:20:07,290 --> 01:20:09,120
know, it could be for or
against, it doesn't make any

1489
01:20:09,120 --> 01:20:11,670
difference. Let the state's
decide, go to your state and

1490
01:20:11,670 --> 01:20:15,150
have them change the law
locally. And then, you know, of

1491
01:20:15,150 --> 01:20:15,390
course,

1492
01:20:15,660 --> 01:20:18,120
you can move to another state go
go somewhere else.

1493
01:20:18,150 --> 01:20:20,010
Well, you know, there's an
argument against that, which is

1494
01:20:20,010 --> 01:20:22,410
the following being here in the
Bay Area, of course, all the

1495
01:20:22,410 --> 01:20:25,740
time. I hear all this stuff
constantly. That's what I have I

1496
01:20:25,740 --> 01:20:28,680
know, these arguments. The
argument is, well, you know,

1497
01:20:28,680 --> 01:20:32,280
okay, so we get married, and in
a legal state, like

1498
01:20:32,430 --> 01:20:35,640
Massachusetts, which is called a
union, but we got married in

1499
01:20:35,640 --> 01:20:39,360
Massachusetts, and then we move
to Connecticut. Forest, and then

1500
01:20:39,360 --> 01:20:43,080
now with the laws, local laws
won't protect me and you know,

1501
01:20:43,380 --> 01:20:45,840
well, you know, that's an
interesting argument, except for

1502
01:20:45,840 --> 01:20:49,770
the fact that with divorce laws,
there's, it's the same thing

1503
01:20:49,800 --> 01:20:53,760
state to state, it varies a lot.
You move with your wife to a

1504
01:20:53,760 --> 01:20:56,790
different state, and then you
she divorces you, she may not

1505
01:20:56,790 --> 01:21:00,420
get as much as she would like in
California, some of these states

1506
01:21:00,420 --> 01:21:03,570
where there's no fault laws or
places where they can just renew

1507
01:21:03,570 --> 01:21:06,900
and take everything. So I mean,
so that's not that's a that's a

1508
01:21:06,900 --> 01:21:09,030
specious argument.
Unfortunately, it's it makes it

1509
01:21:09,030 --> 01:21:10,440
sounds like it makes sense.

1510
01:21:10,560 --> 01:21:14,550
I mean, let me tell you the the
Adam curry strategy to that. I

1511
01:21:14,550 --> 01:21:17,430
put everything in my wife's
name, everything we're married.

1512
01:21:17,880 --> 01:21:22,020
And so whatever she has, I get
half of it. So I don't have to

1513
01:21:22,020 --> 01:21:25,830
deal with that crap. Okay. And
by the way, she's making three

1514
01:21:25,830 --> 01:21:32,880
times the money I am now. So she
better watch it. If for some

1515
01:21:32,880 --> 01:21:35,730
reason, and we didn't get
married, because we want to get

1516
01:21:35,730 --> 01:21:37,920
married, we got married for a
green card. I'm not gonna lie

1517
01:21:37,920 --> 01:21:41,580
about it. We had no intention of
getting married. Now.

1518
01:21:41,910 --> 01:21:45,120
Fortunately, it's worked out.
It's been pretty good. I've been

1519
01:21:45,120 --> 01:21:48,930
married a long time. Yeah, we're
working on 22 years. So not not

1520
01:21:48,930 --> 01:21:51,750
bad at all. But we all have a
green card. Well, we literally

1521
01:21:51,750 --> 01:21:54,510
went down to City Hall on a
Friday afternoon.

1522
01:21:55,020 --> 01:21:57,690
And what did she did she want a
green card? Or did you need what

1523
01:21:57,690 --> 01:21:58,620
was the deal? We

1524
01:21:58,800 --> 01:22:03,630
so we had a torrid and very
public affair in the

1525
01:22:03,630 --> 01:22:06,990
Netherlands. And, and you know,
we'd been together for about a

1526
01:22:06,990 --> 01:22:10,230
year and then this opportunity
to work for MTV came up. And

1527
01:22:10,230 --> 01:22:12,450
they called me said you want to
come and work and I said, Well,

1528
01:22:12,450 --> 01:22:14,700
hold on a second. I said,
Patricia, I said, Look, here's

1529
01:22:14,700 --> 01:22:16,680
the deal, you know, they'll give
me a two year contract. Do you

1530
01:22:16,680 --> 01:22:19,290
want to move with me? It'd be a
whole new start. be something

1531
01:22:19,350 --> 01:22:22,560
you know, we'll get out of all
this, this craziness paparazzi

1532
01:22:22,560 --> 01:22:26,100
hiding out and trash cans and
stupid shit like that. And I

1533
01:22:26,100 --> 01:22:28,170
said, if you don't want to go,
I'm not gonna go. She said yet.

1534
01:22:28,170 --> 01:22:31,170
Let's do it. So we picked up you
know, like her 12 boxes of

1535
01:22:31,170 --> 01:22:38,190
clothing and, and our car. And
we moved to America. And you

1536
01:22:38,190 --> 01:22:40,800
know, so basically, she had to
leave the country every three

1537
01:22:40,800 --> 01:22:45,000
months in order to be have a
valid visa. And then at one

1538
01:22:45,000 --> 01:22:47,550
point, she said to me, so we
were living in New York and

1539
01:22:47,850 --> 01:22:51,510
about three quarters of a year.
She says, you know, okay, so I

1540
01:22:51,510 --> 01:22:55,350
gave up everything I gave what
my career? You know, I love you.

1541
01:22:55,350 --> 01:22:58,050
We're having a good time. But
what if all of a sudden, you

1542
01:22:58,080 --> 01:23:01,050
know, whatever, it just doesn't
work out anymore. What do I

1543
01:23:01,050 --> 01:23:03,870
have? I have absolutely nothing.
I have no standing in this

1544
01:23:03,870 --> 01:23:06,720
country. I have nothing at all.
You know, should can we, you

1545
01:23:06,720 --> 01:23:09,630
know, think about putting
together some kind of agreement

1546
01:23:09,840 --> 01:23:12,330
that would give me some
protection. Fair question, by

1547
01:23:12,330 --> 01:23:15,750
the way. And it. I'm giving a
very short, abbreviated version.

1548
01:23:16,230 --> 01:23:18,510
I liked the way the women work
us. Yeah.

1549
01:23:18,810 --> 01:23:22,560
So I'm like crap, like, and then
of course, I had this genius and

1550
01:23:22,560 --> 01:23:25,080
like, well, you know, the
easiest way is just get married,

1551
01:23:25,080 --> 01:23:28,170
you know, that's a contract.
It's split down the middle. It's

1552
01:23:28,170 --> 01:23:32,340
easy. And then she said, Okay,
and then, you know, we had to,

1553
01:23:32,610 --> 01:23:35,250
we still had to do blood tests
at the time in New York, I met

1554
01:23:35,250 --> 01:23:37,290
still, you might still have to
do a blood test in New York. I

1555
01:23:37,290 --> 01:23:40,290
don't know. It's just like
marrying your cousin or whatever

1556
01:23:40,290 --> 01:23:41,070
the hell that's for?

1557
01:23:41,100 --> 01:23:45,750
No, no, the blood test is always
for syphilis. Oh, okay. Well,

1558
01:23:45,780 --> 01:23:47,970
let me that was my
understanding, though. The

1559
01:23:47,970 --> 01:23:50,220
reason for those blood tests was
really that was the point where

1560
01:23:50,220 --> 01:23:53,460
you could stop venereal disease
and was syphilis. Mainly those

1561
01:23:53,460 --> 01:23:57,840
blood tests go back into this
pre you know, penicillin era,

1562
01:23:57,870 --> 01:23:59,970
because of course, you only
actually have sex when you're

1563
01:23:59,970 --> 01:24:03,690
married. Got it. So that makes
total sense. So we got all the

1564
01:24:03,690 --> 01:24:07,590
paperwork, and then it was like
a Friday afternoon, and and it

1565
01:24:07,590 --> 01:24:09,810
was a beautiful, sunny day. And
I called her up and I said, Hey,

1566
01:24:09,810 --> 01:24:12,750
how about today? And she said,
Yeah, sure. And so I grabbed

1567
01:24:12,750 --> 01:24:15,870
Steve leads the guy who was
doing talent coordination, and I

1568
01:24:15,870 --> 01:24:18,390
said, You're my witness. And we
went down to City Hall and Akina

1569
01:24:18,420 --> 01:24:21,630
community car, which is like a
car service, had the car circle

1570
01:24:21,630 --> 01:24:25,080
the block, I was actually a
witness for a couple that came

1571
01:24:25,080 --> 01:24:27,990
before us because their witness
hadn't shown up. And we got

1572
01:24:27,990 --> 01:24:32,220
married. And, you know, we had a
bottle of champagne on the way

1573
01:24:32,220 --> 01:24:36,540
back up to 56th street and we
were married. And then of

1574
01:24:36,540 --> 01:24:40,320
course, 10 years later, we did a
real party and a proper proper

1575
01:24:40,320 --> 01:24:43,620
celebration. But that gave that
gave her her green card. And

1576
01:24:43,620 --> 01:24:46,860
that was the only reason we did
it. Because we loved each other

1577
01:24:46,860 --> 01:24:50,490
anyway. It didn't make any
difference. But of course we had

1578
01:24:50,490 --> 01:24:54,270
that luxury because we weren't a
gay couple. So I can understand

1579
01:24:54,270 --> 01:24:57,780
where but by the way, they were,
you know, they do check on you a

1580
01:24:57,780 --> 01:25:00,990
year later. We had to both come
to an end Interview, and they

1581
01:25:00,990 --> 01:25:03,840
interviewed us separately. And
then they checked if the if the

1582
01:25:03,840 --> 01:25:06,420
answers to the questions matched
up and it was, you know, like,

1583
01:25:06,780 --> 01:25:08,940
besides, you know, the obvious
where's your where's your

1584
01:25:08,940 --> 01:25:11,670
address, you know, but you know
what colour eyes Does she have?

1585
01:25:12,750 --> 01:25:15,030
You know all over these really
we I wish I had written them

1586
01:25:15,030 --> 01:25:17,340
down it was a whole bunch of
weird, weird questions, we

1587
01:25:17,340 --> 01:25:19,560
actually kind of felt
uncomfortable. It's like, oh

1588
01:25:19,560 --> 01:25:23,430
crap, man, I hope I don't fail
this. They might ask me

1589
01:25:23,430 --> 01:25:26,250
something strange. And I had to
prove that you had, you know,

1590
01:25:26,250 --> 01:25:28,200
had bank accounts together and
all that, but they really

1591
01:25:28,200 --> 01:25:31,260
did check it you know that? I
understand they do that. Yeah.

1592
01:25:31,980 --> 01:25:35,370
So because there's a lot of
scammers out there. They're just

1593
01:25:35,370 --> 01:25:37,710
coming in here, you know that.
There's people that just do the

1594
01:25:37,710 --> 01:25:40,290
marriage just for the green card
that they're never there don't

1595
01:25:40,290 --> 01:25:42,300
even live together. They're just
a whole phoney deal.

1596
01:25:42,509 --> 01:25:45,029
Well, meanwhile, if you actually
want to bring in some talent

1597
01:25:45,029 --> 01:25:48,149
from overseas, it's impossible.
And particularly in Silicon

1598
01:25:48,149 --> 01:25:51,629
Valley, it's impossible to do
you cannot bring in talent from

1599
01:25:51,629 --> 01:25:56,549
overseas. We've tried, it can't
be done.

1600
01:25:58,860 --> 01:26:00,300
What technology are you looking
for?

1601
01:26:01,980 --> 01:26:05,580
Well, it's arguably, it's talent
that you could also find here.

1602
01:26:05,580 --> 01:26:11,070
But when we were looking for
Google, up until their stock,

1603
01:26:11,820 --> 01:26:16,410
dropped down in half, was had
everybody it was impossible to

1604
01:26:16,410 --> 01:26:19,440
get anyone in Silicon Valley,
because they all wanted Google

1605
01:26:19,440 --> 01:26:23,010
stock to be in the free Google
food. Meanwhile, Little do they

1606
01:26:23,010 --> 01:26:25,980
know that they are the serfs and
the slaves of the master over

1607
01:26:25,980 --> 01:26:28,860
there. Believe me, that's no, no
picnic work in a Google.

1608
01:26:30,420 --> 01:26:34,200
But there's free food. Everybody
I know that was went to work for

1609
01:26:34,200 --> 01:26:36,600
Google. So with one exception
has gotten fat.

1610
01:26:37,230 --> 01:26:40,290
Exactly. From that healthy, free
food no less.

1611
01:26:40,890 --> 01:26:42,930
Well, I mean, it's it's weird,
because it's almost I mean,

1612
01:26:42,960 --> 01:26:45,090
yeah, did you all gotten fat?
Because it's free food, and they

1613
01:26:45,090 --> 01:26:46,440
just eat and eat and eat?

1614
01:26:46,500 --> 01:26:48,480
And How hard must it be? And
this is what we're seeing

1615
01:26:48,480 --> 01:26:51,090
changing. If you're at Google,
right, and you and they don't

1616
01:26:51,090 --> 01:26:53,640
pay tremendous amounts, you
know, they're pretty much on

1617
01:26:53,640 --> 01:26:55,860
scale. And you know, they, they,
of course, they went through

1618
01:26:55,860 --> 01:26:58,740
some craziness there, but their
main currency was their stock.

1619
01:26:58,950 --> 01:27:02,670
So you came in when it was six
or $700. And you got all these

1620
01:27:02,670 --> 01:27:05,250
options, thinking, Well, I'm
gonna be a gazillionaire in a

1621
01:27:05,250 --> 01:27:07,710
couple of years, and then I'll
punch out and I'll go do my own

1622
01:27:07,710 --> 01:27:11,400
startup. And forget about it.
What's the stock at now, three,

1623
01:27:11,400 --> 01:27:13,560
three and a half, something like
that. 325.

1624
01:27:14,070 --> 01:27:17,550
It keeps punching, if I'm not
mistaken, it kind of bumps up

1625
01:27:17,550 --> 01:27:18,330
into 14, but

1626
01:27:18,330 --> 01:27:19,980
everyone's stock a stock.

1627
01:27:21,210 --> 01:27:23,400
word, the word that we use is
underwater.

1628
01:27:23,430 --> 01:27:27,630
Now, if they were real, real
men, I mean, real men. This is

1629
01:27:27,630 --> 01:27:30,030
something that Ron and I did
when we took our company public

1630
01:27:30,030 --> 01:27:30,180
at

1631
01:27:30,180 --> 01:27:34,140
339 29. As we speak, we we went
public,

1632
01:27:34,500 --> 01:27:41,190
at $7, a huge public offering
for an $11 million raise was

1633
01:27:41,190 --> 01:27:45,540
nothing by today's standards. Of
course, this was 1996. And we

1634
01:27:45,540 --> 01:27:49,140
immediately got, you know, it
was the whole we weren't in the

1635
01:27:49,140 --> 01:27:52,590
game at that time. So we got,
I'll just say we got fucked. So

1636
01:27:52,590 --> 01:27:57,030
we went to 725 on opening day,
and then it went down to six to

1637
01:27:57,030 --> 01:27:59,910
five to four, you know, everyone
just was dumping the shit. It

1638
01:27:59,910 --> 01:28:02,790
was all retail, no institutional
investors, we didn't know what

1639
01:28:02,790 --> 01:28:06,750
we were doing. And everyone was
freaking out, because you know,

1640
01:28:06,750 --> 01:28:10,230
their options were underwater,
we restrict the option pool, we

1641
01:28:10,230 --> 01:28:13,770
took it out of our own stock and
gave it to the employees. And

1642
01:28:13,770 --> 01:28:16,380
that's, I believe one of the
main reasons that we actually

1643
01:28:16,380 --> 01:28:19,680
could come together as a company
and become successful. And you

1644
01:28:19,710 --> 01:28:25,380
believe me, you won't see Eric
Schmidt or Sergey or Larry doing

1645
01:28:25,380 --> 01:28:27,930
that they won't take anything
out of their pocket to do it,

1646
01:28:28,500 --> 01:28:29,670
for their employees

1647
01:28:29,759 --> 01:28:33,059
usually observes. So they
apparently bought a new jet.

1648
01:28:33,150 --> 01:28:36,780
Another one, a jet fighter. Of
course.

1649
01:28:37,049 --> 01:28:39,509
I'm sure he's in a flight up and
shoot down Microsoft jet

1650
01:28:39,509 --> 01:28:39,929
fighter.

1651
01:28:39,960 --> 01:28:42,060
Now. How about Larry Ellison's
jet fighter?

1652
01:28:42,120 --> 01:28:45,390
He's got he's had a jet fighter
for a long time. He doesn't make

1653
01:28:45,390 --> 01:28:49,530
right I thought he had to make
me or Sabre jet one of the two.

1654
01:28:49,680 --> 01:28:52,770
Yeah. Hey, that's the way to
that's green boys. Way to go.

1655
01:28:54,420 --> 01:28:56,610
Drive your Prius and fly your
MiG.

1656
01:28:57,690 --> 01:29:01,800
But actually bought an Italian
jet of some sort? Really? Yeah.

1657
01:29:01,830 --> 01:29:04,740
This is a picture. I think we
blogged it. You can check it

1658
01:29:04,740 --> 01:29:05,010
out.

1659
01:29:05,100 --> 01:29:07,860
I'm so disconnected. I haven't
been it's

1660
01:29:07,860 --> 01:29:10,320
no big deal. I mean, they so
they got a jet. You know, I just

1661
01:29:10,350 --> 01:29:11,790
you know, think of the

1662
01:29:12,870 --> 01:29:15,570
look, I'd love. I'd love a jet
believe me, but you know, how

1663
01:29:15,570 --> 01:29:18,480
can you be so holier than thou
and then then then do that?

1664
01:29:18,600 --> 01:29:19,350
That's crap.

1665
01:29:20,850 --> 01:29:23,730
Yeah, it is the it's not good
working for

1666
01:29:23,730 --> 01:29:28,800
the CIA. Don't Don't be evil, to
make me laugh.

1667
01:29:31,440 --> 01:29:33,480
So anyway, yeah, the Google
stock is way down. It's

1668
01:29:33,480 --> 01:29:35,820
interesting. Well, of course, it

1669
01:29:35,820 --> 01:29:38,730
was it was inflated and, you
know, look at their business

1670
01:29:38,880 --> 01:29:42,990
that, you know, their business
is, is AdWords. And they've been

1671
01:29:42,990 --> 01:29:46,530
that business is down. It's just
down. There's, you know, that's

1672
01:29:46,530 --> 01:29:48,960
part of what happens in this
economy. You know,

1673
01:29:49,260 --> 01:29:52,920
interestingly, our advertising
business is definitely under

1674
01:29:52,920 --> 01:29:56,610
pressure but our transactional
business, you know, the budget,

1675
01:29:56,610 --> 01:30:00,090
rent a car and, you know, with
the coupon codes, that's It's

1676
01:30:00,090 --> 01:30:04,140
off the charts. It's off the
frickin charts. It is such a

1677
01:30:04,140 --> 01:30:05,070
beautiful system.

1678
01:30:07,680 --> 01:30:11,070
Yeah, yeah, I gotta do some with
the budget rent a car thing on

1679
01:30:11,070 --> 01:30:13,140
my tech five thing I keep
forgetting to mention them

1680
01:30:13,200 --> 01:30:16,620
now. Well, I'm setting it up.
You want to do eHarmony on this

1681
01:30:16,620 --> 01:30:20,610
show? Because that's going to be
the next one is eHarmony. We

1682
01:30:20,610 --> 01:30:21,420
could do some fun with

1683
01:30:21,510 --> 01:30:24,660
we could if you want. I mean,
I'd rather do budget personally

1684
01:30:24,660 --> 01:30:27,090
but because it's actually coming
at us.

1685
01:30:27,120 --> 01:30:30,060
Well, why don't why don't we ask
the audience what they what they

1686
01:30:30,060 --> 01:30:31,080
would like a deal on?

1687
01:30:32,580 --> 01:30:35,010
Well, you get 10% off on a
budget rent a car.

1688
01:30:35,040 --> 01:30:36,480
What are you talking about? 30%

1689
01:30:37,140 --> 01:30:41,160
I thought was 10? No, really? 30
is a new one is the new deals.

1690
01:30:41,160 --> 01:30:41,820
30%.

1691
01:30:41,850 --> 01:30:46,470
Now, I think it's Let me check.
I think it's 10% off a weekly

1692
01:30:46,470 --> 01:30:49,860
rental. I could be wrong. I'm
bringing it up now.

1693
01:30:50,040 --> 01:30:51,150
I think it's 10%.

1694
01:30:52,590 --> 01:30:54,780
We will give you a carbon
credits.

1695
01:30:56,400 --> 01:30:58,800
Hold on. We got to set up on
carbon trading.

1696
01:30:58,830 --> 01:31:03,330
Oh no, I'm sorry. It's $30 off
the weekly budget rental. Or 10%

1697
01:31:03,330 --> 01:31:06,780
off any amount. That's right.
Right. And then Brookstone. 10%

1698
01:31:06,780 --> 01:31:11,970
off Brookstone. But I don't
know. And we still have the E

1699
01:31:11,970 --> 01:31:17,730
Music. Pet meds that was out of
control. Pet meds? Yeah.

1700
01:31:18,030 --> 01:31:20,850
Medicine for your pet. You don't
have you have a dog? Right?

1701
01:31:21,150 --> 01:31:24,720
Yeah. Do you ever take your dog
to the vet? Once in a while?

1702
01:31:24,750 --> 01:31:26,040
Yeah, ever look at the bill

1703
01:31:26,520 --> 01:31:30,900
is too high. There's this new
veterinarian system. There's

1704
01:31:30,900 --> 01:31:32,970
this group. And in fact, we have
one of them in Berkeley. I can't

1705
01:31:32,970 --> 01:31:36,600
remember the name is like a
chain. Extremely. And

1706
01:31:36,600 --> 01:31:39,210
unfortunately, all the good
surgeons are in these chains.

1707
01:31:39,600 --> 01:31:43,320
Extremely slick operation. Oh,
yeah.

1708
01:31:43,320 --> 01:31:46,380
Oh, and their computer. We got
them in the UK as well. They're

1709
01:31:46,380 --> 01:31:49,020
called pet doctors is what
they're called.

1710
01:31:49,080 --> 01:31:51,060
Yeah, there's something else
called maybe it's the same

1711
01:31:51,090 --> 01:31:54,000
operation and the base, but
whatever the case is, is like

1712
01:31:54,000 --> 01:31:59,190
wow, it's way too slick. It's
extremely expensive.

1713
01:31:59,280 --> 01:32:02,790
And I love it when they say and
please you have to give your dog

1714
01:32:02,790 --> 01:32:05,940
this special food that we sell.
Right?

1715
01:32:07,710 --> 01:32:10,590
In fact, my they had to have an
operation on my dog and they

1716
01:32:10,620 --> 01:32:13,740
gave us all these you know,
drugs, a whole shitload of them

1717
01:32:13,740 --> 01:32:18,150
and I'm thinking this is just a
dog you know, dogs gonna be was

1718
01:32:18,150 --> 01:32:21,360
woozy enough and screwed up
enough from the damned operation

1719
01:32:21,360 --> 01:32:25,230
that I should be like now doping
her. It didn't seem like a good

1720
01:32:25,230 --> 01:32:28,350
idea if she finds fine. She
wasn't whining or crying or

1721
01:32:28,350 --> 01:32:30,360
anything else. She was fine. She
healed up that was the end of

1722
01:32:30,360 --> 01:32:30,480
it.

1723
01:32:30,510 --> 01:32:31,410
It's a total

1724
01:32:31,800 --> 01:32:32,730
dog now though. You

1725
01:32:32,730 --> 01:32:36,090
can I get sold all the time on
pet insurance if you got that.

1726
01:32:36,450 --> 01:32:39,750
Oh god, what's the point of
that? Yeah, well, anyway, so

1727
01:32:39,750 --> 01:32:43,470
the pet meds. One of our most
successful guys does a show or

1728
01:32:43,650 --> 01:32:47,790
produces I should say does a
show about equestrian horses.

1729
01:32:48,150 --> 01:32:54,510
Yeah. And making a killing on on
horse medicine. Really? Yeah,

1730
01:32:54,510 --> 01:32:56,850
because it's really expanding
what you think dogs are

1731
01:32:56,850 --> 01:33:00,030
expensive. You want to go visit
in one of these? These posh

1732
01:33:00,060 --> 01:33:03,840
equestrian doctors that do horse
Are you kidding me? That's

1733
01:33:03,840 --> 01:33:06,870
outrageously expensive. They buy
it in huge bulk and you know the

1734
01:33:06,870 --> 01:33:10,140
producer gets gets a cut of that
and it's you can't get a better

1735
01:33:10,140 --> 01:33:12,450
price estimate. I immediately
went online to see if they were

1736
01:33:12,450 --> 01:33:15,990
spayed if they were selling
Special K, but unfortunately,

1737
01:33:15,990 --> 01:33:19,380
they didn't have it. I was a
drug drug reference, John, you

1738
01:33:19,380 --> 01:33:23,130
wouldn't get it. As you can
guess okay is a is a horse

1739
01:33:23,130 --> 01:33:28,230
tranquilliser that humans take?
And it's quite popular.

1740
01:33:30,750 --> 01:33:32,550
So that is drink Bordeaux.
That's all I do.

1741
01:33:32,730 --> 01:33:35,130
Yeah, five, that's 500 bucks a
bottle.

1742
01:33:36,630 --> 01:33:40,380
I wish you don't have to spend
that kind of money to get good

1743
01:33:40,380 --> 01:33:43,110
wine. That's the point. Hell,
you just have to know what

1744
01:33:43,110 --> 01:33:48,900
you're doing. But you know, or
ask somebody. Anyway, those were

1745
01:33:48,900 --> 01:33:52,170
California wines. We had that
tasting. All right. All right.

1746
01:33:52,170 --> 01:33:56,400
What time is our dinner tonight?
Six. Cow you like the early

1747
01:33:56,400 --> 01:33:57,270
dinner, don't you?

1748
01:33:57,600 --> 01:34:02,580
Well, it gets me I did. Yeah, I
do. Not to the point where I'm

1749
01:34:02,580 --> 01:34:05,700
going to the four O'clock
dinner. But it was just a

1750
01:34:05,700 --> 01:34:10,080
reference to of course, Seinfeld
in Florida. But I don't know

1751
01:34:10,080 --> 01:34:12,870
that. Because you get in you get
out the places fresh in the

1752
01:34:12,870 --> 01:34:15,600
dish. This helps not you know,
killing them. And they're not

1753
01:34:15,600 --> 01:34:19,860
like slammed because you get you
start going later. But the

1754
01:34:19,860 --> 01:34:24,450
optimum time is. I mean, if
you're if I'm in Brasilia, I eat

1755
01:34:24,450 --> 01:34:27,960
dinner at midnight. But the
optimum time typically where it

1756
01:34:27,960 --> 01:34:31,260
replaces really packs up is
between 730 and 830. And the

1757
01:34:31,260 --> 01:34:34,290
places slam the service goes
downhill. You know, they're out

1758
01:34:34,290 --> 01:34:37,050
of stuff. You know, I hate going
into a place you got into you.

1759
01:34:37,050 --> 01:34:39,510
So wow, this is the one thing
I've always wanted to eat. I'm

1760
01:34:39,510 --> 01:34:42,270
sorry, we don't have that
anymore because it's sold out.

1761
01:34:42,900 --> 01:34:44,730
And anyway.

1762
01:34:45,150 --> 01:34:49,260
Alright, so let me let me just
tee this up. So we are doing

1763
01:34:49,290 --> 01:34:54,000
another show. That'll be
November 1. So we'll talk about

1764
01:34:54,150 --> 01:34:58,830
the elections, which will be on
Tuesday, November 4. We probably

1765
01:34:58,830 --> 01:35:02,940
should do a show on November.
fifth, wouldn't it make sense?

1766
01:35:02,940 --> 01:35:03,450
Do you think?

1767
01:35:05,190 --> 01:35:07,380
Instead of November 1, no, no,

1768
01:35:07,380 --> 01:35:09,660
no, no, instead of the eighth,
then we're not going to wait

1769
01:35:09,660 --> 01:35:10,410
until the solid Yeah,

1770
01:35:10,410 --> 01:35:13,800
yeah, we Yeah, the fifth would
be okay. I should be available

1771
01:35:13,800 --> 01:35:14,430
to NLB

1772
01:35:14,430 --> 01:35:17,790
in the UK. So I'll have a
European perspective on all of

1773
01:35:17,790 --> 01:35:18,000
it.

1774
01:35:18,060 --> 01:35:22,050
All right. I'm sure people will
be very interested in with. With

1775
01:35:22,200 --> 01:35:24,720
me, I'm sure that Europeans are
going to be thrilled. They just

1776
01:35:24,720 --> 01:35:25,770
love that guy.

1777
01:35:26,640 --> 01:35:30,840
They don't care. I told you this
last, they don't care. The

1778
01:35:30,840 --> 01:35:34,470
people who stopped the Do you
have any idea how, how horrible

1779
01:35:34,470 --> 01:35:38,310
the situation is in Europe? Do
you think it's bad here?

1780
01:35:38,940 --> 01:35:43,500
That you know, but maybe going
to Portugal in in next month?

1781
01:35:43,800 --> 01:35:44,190
Oh,

1782
01:35:45,240 --> 01:35:49,680
interesting. By the way, that
Election Day is exactly six

1783
01:35:49,680 --> 01:35:53,730
months or half the count a year
away from tax day. Wouldn't it

1784
01:35:53,730 --> 01:35:56,130
be better to have tax day and
then election day right out

1785
01:35:56,130 --> 01:35:56,880
right after it?

1786
01:35:57,360 --> 01:36:00,090
Which Yeah, wouldn't be more
Yeah. But then these guys would

1787
01:36:00,090 --> 01:36:01,020
be booted out.

1788
01:36:01,290 --> 01:36:05,400
Well, that's the whole point is
like I have election day right

1789
01:36:05,400 --> 01:36:08,250
after tax day. And then they'll
really determine if people want

1790
01:36:08,250 --> 01:36:11,130
to keep you in office or vote
you in or vote you out. And you

1791
01:36:11,130 --> 01:36:14,490
know, it can't be by accident
that it's exactly six months.

1792
01:36:15,120 --> 01:36:21,570
separated those two events.
Think about it. Night. God,

1793
01:36:21,570 --> 01:36:23,130
it's funny. No, it's

1794
01:36:23,130 --> 01:36:24,060
not funny. It's

1795
01:36:25,560 --> 01:36:27,060
alright. I think we're done.
Yeah,

1796
01:36:27,150 --> 01:36:31,590
I What was this? Oh, man. We're
talking this long about nothing.

1797
01:36:32,280 --> 01:36:33,090
It's amazing.

1798
01:36:34,770 --> 01:36:35,790
It's even funnier then. How

1799
01:36:35,790 --> 01:36:36,600
long do we go?

1800
01:36:37,860 --> 01:36:39,330
97 minutes?

1801
01:36:39,450 --> 01:36:42,000
Yeah, that's about right. That's
what we do. We do about 90

1802
01:36:42,000 --> 01:36:44,610
minutes every time. And I had
about a break in the middle

1803
01:36:44,610 --> 01:36:46,290
where I had to talk to the
restaurant. So

1804
01:36:47,130 --> 01:36:49,620
we'll subtract that from your
quota, sir. Don't worry. We'll

1805
01:36:49,620 --> 01:36:56,520
give you some carbon credits in
return. All right. Good. So I

1806
01:36:56,520 --> 01:36:58,440
don't know what's coming up this
week other than the Obama

1807
01:36:58,440 --> 01:37:01,590
special, which of course I won't
be able to watch. Because I'll

1808
01:37:01,590 --> 01:37:04,620
be back. It's Wednesday, right?
I think so. Yeah. Well, maybe

1809
01:37:04,620 --> 01:37:07,740
it'll be on Sky or something and
be able to record it for you put

1810
01:37:07,740 --> 01:37:10,620
it on a DVD. Yeah. And then I
can have it by December.

1811
01:37:10,650 --> 01:37:11,250
Fantastic.

1812
01:37:11,940 --> 01:37:12,900
If you get if you're lucky.

1813
01:37:16,620 --> 01:37:17,550
You want to wait tomorrow?

1814
01:37:18,180 --> 01:37:21,690
You don't on man? No, maybe.
Okay. I'm going to LA

1815
01:37:21,690 --> 01:37:26,190
tomorrow. I got this digital
Hollywood panel. I'm on.

1816
01:37:26,459 --> 01:37:30,179
I got it was that on Monday.
That's Monday. Yeah. And we were

1817
01:37:30,179 --> 01:37:32,429
on a panel at Digital Hollywood.
Everybody who's listening to the

1818
01:37:32,429 --> 01:37:33,899
show, go down and say hi to
Adam.

1819
01:37:34,589 --> 01:37:40,289
Hey, John. Thanks. Bring money.
I'm doing sales calls Monday and

1820
01:37:40,289 --> 01:37:45,209
Tuesday as well. Should be fun.
All right. That'll wrap it up

1821
01:37:45,209 --> 01:37:48,839
for this week from the curry
condo. My name is Adam curry.

1822
01:37:49,200 --> 01:37:52,260
And I'm John C. Dvorak in
northern Silicon Valley. I will

1823
01:37:52,260 --> 01:37:52,470
talk

1824
01:37:52,500 --> 01:37:54,660
again next week right here. I
know agenda

