The Culture War #28 - The Economy Is In DANGER, Trump And Student Loans Spell CRISIS w/Meet Kevin
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There's warnings from certain individuals that the political crisis we're seeing with Donald Trump and with the upcoming election could be bad for the economy because it could have an effect on confidence.
I'm not so sure about that.
That seems a bit vague and nebulous.
But there's also other concerns about student loan debt.
You were like running for governor too or something, right?
unidentified
I ran for governor in California.
Yeah, that state needs a lot of help.
But, you know, I actually resonate a lot with, I can't remember when you said this, it might have been a while ago that you said it, but this this idea of like, everybody sort of told me, Kevin, leave the Democratic Party.
You're not a Democrat or whatever.
I'm like, I'm just I feel like I'm a centrist and California needs to change.
So as soon as they hear D, they're like, Oh, I can't be friends with you because you have that label.
When all that stuff was going on, I remember everybody was shouting you out, saying like, you could actually, this is the guy, meet Kevin, could be the saving grace of California, because you're a centrist, because you're reasonable, because you're honest, and running as a Democrat, you actually have a chance to win.
unidentified
You could get nothing done if you were a Republican in California.
People look back to Schwarzenegger, but back then, Democrats didn't have a super majority control of the legislature.
Today, they control about 80% of the legislature in California.
So, if you got a Republican in, they'd just sandbag you for the two, four, six years, whatever you got lucky enough to sit in there for.
So, and what's crazy is, you know, as much as you can believe it, but the Wall Street Journal just did a piece where they showed a chart of hate, of how much Democrats hate Republicans and how much Republicans hate Democrats.
I actually tweeted a screenshot of it, probably within the last week.
But it's a chart of hate from the early 90s, and it shows how hate for the other party has basically just gone straight up.
Like, if that could be a stock I've invested in in the last 30 years, It would be fantastic because I'm 31 now.
Just because of how much hate has accelerated for the other party.
Part of it they blame on maybe ignorance for the other people, part of it they blame on, you know, media and whatever, you know, extremism for views, whatever it might be.
But it's pretty wild how much divisiveness there's, you know.
So, yeah, we're getting all these ads, so I'm just like, there's one of your targets.
unidentified
Well, even in L.A., you had the L.A.
mayoral race just this, you know, last election cycle, and the amount of money that was spent for a mayoral race, I mean, I think it was somewhere in the neighborhood of $100 million, and it's just insane.
Maybe even more than that.
But you're now getting these rich billionaires who are like, okay, we gotta buy as much as we can, and they're spending a lot of money on messaging and marketing.
But I also think, too, What we're seeing with the, you know, the politics, the indictment of Trump and all that stuff is really making people angry.
Plus, you know, we talked about this last night.
They just sentenced one of the Proud Boys or two of them to 17 years, 17 for Joe Biggs.
And then the other guy got 15.
I think his name was Jordan Rail or something like that.
And that is.
Insanely excessive.
The theory that many Trump supporters are putting forward is that they're intentionally trying to agitate and piss off Republicans and conservatives and Trump supporters to escalate the political conflict, which I think is the natural consequence of what we're seeing politically.
This article actually, I think it's the nail in the head of the hammer.
All that's going to happen is people are going to hate each other more and more and more.
You know, what I was saying is If you're a Republican politician, and you see something like this, you know your path to victory is going to be a retribution-revenge ticket.
So then, you're going to get a politician coming out and saying, vote for me and I'll go after them.
Democrats will do the same thing.
unidentified
And it's very interesting you say that, that observation you had about Democrats actually becoming almost less unfavorable of Republicans.
It almost looks like that.
I wonder if how far that time goes on the right, but I wonder how much of that aligns with the indictments of Trump because one thing that I have noticed is at least on my channel, which I've always thought was very 5050.
I've noticed a lot of Democrats leaving comments when I make a Trump video saying look, I'm I'm a Democrat people will say but what they're doing the Trump is not okay and it scares me and I think that's very interesting that you're almost seeing that bridge that crossover of like, Let the voters decide, is what people are saying.
And then the response from the right is we're now hearing all the Trump supporters and conservatives say, do something to members of Congress, which means come 2024, or even now-ish, you'll start seeing people who are going to be running for primaries for a congressional ticket, and they're going to be campaigning on, I will file subpoenas, I will issue criminal referrals, and we will go after them.
Neither side, I think.
Both sides think they're justified.
I think my view of it is more the indictments against Trump are obviously an overreach of the law for political power.
The conservative side, the Republicans, aren't really doing much.
They're saying, we want to have an inquiry and have a special session to question the prosecutor.
So you're going to get a reaction from Republicans.
His perspective, of course, is more aligned with what I think is the truth in that... That's his campaign slogan.
Yeah, right, you know, and I do find him to be a very honest guy.
Everyone keeps trying to get him with, like, past statements, and then he comes out and he just addresses all of them, like, bang, bang, bang, and it's... I like the guy.
I don't think he's perfect.
unidentified
I mean, nobody is.
I mean, I have some complaints about his pharmacy past myself.
But in terms of if I separate the past and what he's saying now about the future, it very much resonates with what Americans are looking for in a politician.
And it's like you couldn't get a better answer out of the guy.
He's not making mistakes.
He's a couple.
Yeah.
They got him on that 9-11 thing, which was hilarious.
unidentified
I know.
You know, all of those things, I think you almost need to hit those landmines when you're running for office because it gets you in the attention cycles.
Well, so looking at all this hate, you know, here's what I'll go back and say this.
My perspective, I think, is fairly obvious.
I see a lot of people, especially with California, the fear over, like you mentioned, they said Larry Elder's gonna kill your kids and take away masks and all this stuff.
I mean, that is a paranoid delusion in my opinion.
I got COVID, it was really bad.
I can certainly understand wanting to take precautions and I got no problem with that.
If you're on a private business and you wanna say we want masks, whatever man, I guess.
And then I can choose not to go to your business.
The mandates I think were nuts, but I think in the Democrat states, I don't know how it got so bad with the fear and the paranoia.
And then the Republican states was an inversion of it.
It's almost pure tribalism.
But I feel like when it comes to what's happening to Donald Trump, my take on Trump is he's kind of a nasty dude.
You know, he's crude and he's crass.
A lot of people really don't like him and I totally get it.
I think there's a lot of people who are in MAGA country, like people that were previously never voted before.
Trump woke them up because he's like a bull, you know, a bull in a China shop.
But then I'll talk to people and, you know, my friends from the cities and they'll say like, here's what I don't like about him.
And I'll be like, I can totally get it.
They find the way he speaks gross, like the insults, the fat pig comments.
That being said, he's not a insurrectionist who tried to overthrow the country and like the January 6th stuff is completely out of hand.
So what I end up seeing with that, as well as the fear over COVID and the paranoia and the tribal nature of the Democratic Party, It seems clear to me that while the Republican Party is mostly garbage, there is a... I don't know how we describe it because the media likes to call it the right or conservative, but it's not.
People disagree with each other, but can sit down and have conversations.
unidentified
I think most Americans can.
I think that what the thing about Trump is that people either love him or hate him, but they know where he stands.
And I do think people like and respect that.
And I think that's why Vivek has some popularity now as well, because he's very clear about where he stands.
He outlines clearly, look, I believe in God, I believe in this is exactly what we should do with the Department of Education or the FBI or otherwise.
But Trump's very much like that.
Here's how I feel about China.
Here's how I feel about whatever.
He's very blunt about that.
I think people like that.
I think there is this uncertainty with, well, if Biden isn't being very clear with his positioning and we don't know who's running the White House is sort of the impression now.
Then, then people have like, well, at least I know what I'm getting with, with maybe, uh, you know, Trump or Vivek or whatever, or maybe even a combined ticket, both of them together.
And we just heard Trump say that he's open to Vivek potentially as maybe a VP.
And then I think it was, you know, a lot of ground activist efforts with ballot harvesting, with universal mail-in voting, and other things, of course, procedural changes.
People are just going and saying, vote for anyone other than Trump, and so people are just filling out the ballot and sending it in.
I wonder, do you think if Larry Elder wasn't running, you would have or they would have at least recalled Newsom?
unidentified
I think that would have been a high likelihood because we were we were polling better than the other candidates combined.
When I did a debate against the Republicans in SAC, I was against the three other leading Republicans, not including Larry Elder.
I was polling higher than all of them combined.
So if there was no Larry Elder, then I think Californians would have seen, okay, if we recall Newsom, we can try Kevin for a year, and it's still the D ticket, we can still get things done, but it's a new vision, it's a new generation.
And if it doesn't work, my pitch was, try me out for a year, trade me in if you don't like me, because it was only a one-year position.
So, I mean, how long have you lived in California?
unidentified
Now since 2009.
So what's going on?
Yeah, well, I think what you have is there's so much of this established political belief that we need to have incremental change at every level.
There's so much bureaucracy.
And that's why when I was running for governor, my thesis was, look, we have people dying on the streets.
Deploy the National Guard and let's solve homelessness in 60 days.
Theoretically what you need is you need homeless shelters in every part of various parts of the states wherever homeless are but the shelters where the homeless people are because they're there anyway and provide them the services they need the medical health medical services the mental health services the Potential rehabilitation or just a place to have a roof over their heads Well, I mean do you do you take them by force?
Yeah, well, so that was always the big problem with this.
Because, you know, you have a lot of the civil rights activism which says, no, you can't force people to go and people don't want to go, they don't want help, they have mental health problems.
But when you live on the street, your deterioration is so rapid and fast, you can't be helped anymore after a certain period of time, it's really sad.
And it's devastating that, you know, then the fifth largest economy in the world is basically letting people die on the streets.
So our rule of thumb was, you can do whatever you want, you just can't sleep on the streets.
That's what we ran on.
And so the idea was, if you sleep on the street, well, you need help.
We'll move you over here.
And if you want to get up, you know, take a shower and a bagel and a mental health business card and leave, go for it.
So like, I try to put myself in the shoes of, you know, if you're homeless, and you want to go to work, or even want to get a job, how can you, if you don't have a bed to actually sleep to function, or a shower to be clean?
But I lived off of Belmont in California, oh man, 15 some odd years, longer, 15 years ago, 16 years ago.
And if you walk down Belmont, there's a bridge, which is the highway, and it's homeless encampments, mattresses, sleeping bags, you're not gonna go to any one of these people and change their way of life.
So, I don't know, I think, I don't know how they get to that point, and we don't want that to be the case, but to go back to where we started on this, I wonder if you must, by force, say, If we just allow people to live on the streets, it will never change.
All these videos popping up of open-air drug markets in, like, California and Philly.
That's the thing, too.
It's like, If you allow people to do drugs and defecate in the street, it is a festering mold that will absorb other people too.
I'll tell you a story.
I met an old guy.
This was back when I was like 19.
Dude probably passed.
It's been a long time.
He was probably in his 60s.
Homeless black dude in Chicago.
I had just eaten at like a pizza restaurant or whatever I'm skating and I see this guy and he's like smoking a cigarette or something and then you know, he's panhandling or something I'm like, yeah, I was like, hey you want you want some pizza?
And he was like, yeah, and I'm like cuz I it's like half a pizza, you know He he takes it and then I decided to ask I asked him I was like, hey Mike, I see a question He's like shoot and I was like, how did you how did you end up?
You're homeless, right?
And he's like, yes, sir.
I was like, how did you end up out here?
He said he worked for the post office his whole life the Eventually they started laying people off.
It's going to be around other people who are, but now all of a sudden, another person is funneled into this pit of drug and despair.
unidentified
Of course, and of course, eventually you fall victim to the same thing, whether it's drugs or it's alcohol or both.
It's sad.
I mean, it's devastating.
I think what'll end up happening is in the longer term, we're going to see more of, whether it's AI or innovation, replace so many livelihoods of people.
You're going to have to have universal basic income.
It's going to happen.
And I think that the economy will actually be so productive that I know a lot of conservatives now hear any more fiscal money printing is just inflationary.
In the longer term, I think our productivity will be so strong that we'll actually be able to support it.
One of the reasons that, in my experience working with these homeless shelters, one of the reasons that these people remain homeless.
Another example is when I was living in Seattle, there's a group of kids they call the AvRats, Avenue Rats, outside of UW, University of Washington.
Because of the food banks and the ease of access to EBT benefits, that's how they lived and they would not stop.
It was really interesting to meet these guys, these young kids.
They would put out calls through the internet.
They would ride the rails.
They would hop on freight trains to ride to Seattle over the course of a couple days, come to Seattle because, they said, every day of the week is another food bank.
And you're allowed to get a box of cereal, a gallon of milk, a can of tuna, a can of beans, and then they would get, every day of the week, they'd go for free food, and then they would go back to live on the streets because they were enabled to do so.
unidentified
Yeah, the enablement is a really interesting line because You know, these are two very contrasting stories that you gave.
One is the choice of essentially taking and doing nothing and being unproductive.
And then there's the forced unproductivity of the example of the person who gave pizza, right?
So how do you differentiate between the two?
How is government supposed to differentiate between the two?
Because on one extreme now, the people who are either forced unproductive or by choice unproductive end up falling victim to drugs on the streets.
It's terrible.
And I don't know that we're going to solve the solution, honestly, in our lifetimes.
It's going to be a long time.
And hopefully it doesn't lead to a greater decline in America.
This is why I don't immediately discount universal basic income, but I think there's probably too many pitfalls, and maybe we can find a better solution.
But the more we see automation, especially with low-skill jobs... Oh, for sure.
I'm really excited for automating away journalists.
Well, and I think that's almost where you have to, you have to almost combine, like, I think it's a disgrace that we graduate high school today and we don't know any skill, really.
There's no practical skill that we can do outside of high school for the vast, for 90 plus percent of people.
I mean, 99%, I would say 100% of people need to know a financial education, yet we graduate people with maybe like 5% of people with a financial education in school, but everybody takes a biology class.
Like, I mean, really, there's a lot to fix, and that's why it's going to take forever to do it.
And that's why I think wealth inequality is going to explode.
So the rich are going to get a lot richer, and the poor are going to get a lot poorer, unfortunately.
Hunger Games.
Essentially, yeah.
That's a good point, and it's almost like you've got, what is it, it's like Battle Royale.
The fire's coming in from the outside, more homelessness coming, it's terrible.
But I think the only way out of that is building more houses, fixing schooling, and then helping people who have fallen beyond the level of being able to be helped.
They're called like blue laws or whatever, but you Google search it, you find this law and it's a really good example of there's a lot of illegal things that no cop will arrest you for.
And that really bothers me because I'm like, dude, We want all families of all backgrounds to experience the love of their children coming home from a hard day.
unidentified
Did you hear in California they were thinking about doing reparations of like up to what was like 1.7 million dollars for each descendant of slavery or something like that?
But the board that voted on it, I want to say, I put this on Twitter somewhere, it was like California is like less than 16% black, but that board that voted for reparations was like 86% black.
And yeah, but of course, you go to any body of people and say, we're gonna give you free money for whatever reason, they're gonna be like, I'll just take it, keep your mouth shut, right?
And so, I think the racial lines create tensions there.
But to go back to what, you know, Vivek's talking about with the vision, the vision.
unidentified
So how is he gonna do that?
I mean, like abolishing the FBI, the Department of Education, like, and he's picking, like, that's obviously, these are extreme things to say, but that's his point.
He's actually embracing extremism.
He wants people to call him extreme, he says, because he says we need extreme change.
Then you look at how similar he is.
Instead of drain the swamp, his thing is turn the log over and bring the pesticide.
You know, he's modeling right after Trump, which makes no Trump supporter be able to really hate Vivek.
You know, okay, like, we'll slot on there a minute, right?
Half of me is kind of like, I don't necessarily care if a company privately wants to do this, but a company as big as Disney, who's putting these values in their shows, it's an important thing to push back on.
However, It seems weird that Ron DeSantis took a political approach to a cultural issue in this way that I don't think the jigsaw, don't think the puzzle piece fits.
unidentified
That's interesting because that was sort of, I mean, you said that so eloquently to what my suspicion was, should we be weaponizing all of the political efforts of Florida to basically get Disney?
And it almost felt like it almost, that was almost the point where he started derailing his campaign.
Whereas I like what you're saying a lot better, which is redefining it or proper, I should say, properly defining it as a cultural issue.
Right, Bud Light, Target, Richmond, North of Richmond, Sound of Freedom.
These are cultural issues that will help create national purpose and reshape this country, but it can't be done at a political level.
It has to be the willpower of the grassroots and the individual.
unidentified
Now, what's your take?
See, I read the Target earnings call last week.
I mean, I read company finance guys.
I read this boring... I mean, look, I'm dressed like finance bro, right?
I know, that's my real estate company, whatever.
But in their earnings call, they spent a good page in the transcript complaining about how we were seen as a safe space for LGBTQ, and now we have people coming into our stores harassing our staff to where we have to basically take those things down.
So, this is where, like, where's the balance?
Is it, should a company be providing that safe space?
I personally, I'm just, as a father, gonna say, I get annoyed when I'm trying to find where the boy's clothing is because I'm trying to find a bathing suit for my son and it's, it's, here's a dress, here's boy clothes, here's a dress.
It's because they don't have a boy and girl clothes section anymore.
But what ends up happening is that social movement, you know, back in 2008 to 2012 with gay marriage and all that stuff, created this corporate perception of, hey, this is really popular among our urban audience.
We should embrace it with no checks and no balances.
Goes to the extreme and you end up with the target phenomenon The media lies, and the media's lies don't matter to reality.
And the reality was, the media is saying that right-wing individuals are harassing Target employees.
However, the conflict in Target started before the anti-establishment, anti-woke movement ever caught wind of what Target was doing.
So, when the story first broke that Target had to move their LGBT items to the back of the store, you already had instances where parents had complained to staff about it.
Then, the culture war right, or whatever you want to call it, picks up the story.
Yeah, but you know the CIA infiltration of media agencies, which is a fact, I don't know about today, that's the argument, but I don't see why they'd stop.
But that's, you know, it's different but similar.
But you look at where Gavin Newsom's at right now, And the theory is he's going to run 2024 and somehow Biden takes an exit.
But I think, you know, in your situation, what we saw during the recall was there's a lot of people who say, I'll never vote Democrat.
I'm just, I'm sick of the Democratic Party and empowering anybody who's a Democrat just gives the Democratic Party power.
But then you pop up and you're saying the things that Democrats are supposed to be saying in a similar but relatively different way to what we're seeing now with RFK Jr.
has got his more Medical approach and anti-establishment and lockdown approach.
You are like you're you are from a kind of a different time period.
But I think there's a similar view in, hey, this guy actually might save the Democratic Party and reintroduce a moderate approach and push this bad stuff out.
unidentified
We need is moderatism in politics.
This is getting a little extreme.
But then but then that also then we question, do we need that extremeness?
Because that's basically Vivek's platform.
It's let's go, right?
So it's like, ah, like, so we want Democrats to be moderate, but then no, we need the extreme.
If If RFK goes for the approach of, let's try and get as many Republicans as possible to support us, that will pull from Trump's base, or will pull the Never Trumpers, and the Democrats who don't think Biden can run, he's too old and he's not appropriate, might actually go for RFK Jr.
The media has to lie about RFK then.
However, part of me then looks at this Wall Street Journal tribalism thing and I'm like, I don't know.
Maybe the Democrat who wins is going to be the, I will destroy Donald Trump and everything around him if you vote for me.
unidentified
I wonder if Newsom was running, how that would look because Trump doesn't really attack Newsom.
But then you've got people that are in a position like me, where I was pretty far left when I was a lot younger, and then I've always been urban Democrat.
Because I got really pissed off at that line, when it came time to throw bricks through the Starbucks window, you left me all alone and you're a spineless liberal.
And I was like, hold on, dude.
I was like, if we're trying to solve these problems and bring about this, you know, cooperative utopia, I don't understand why you're telling me to go smash windows.
And that message in the song, I never liked and that pushed me away.
But I kind of forgot where I was going with, oh yeah, Trump's, he's not going to lose his base.
But if Trump says, you know, Newsom's a nice guy.
I worked with him and we got along really, really well.
And if he takes that approach, Trump's base is just going to immediately be like, how honorable of Donald Trump.
We love him for doing this.
Then you're going to get more middle of the road people.
But the people who are now being initiated into politics because of an economic crisis or because of war, whatever, are going to hear a more moderate Trump praising a Democrat.
I think it's a smart move on Trump's part.
unidentified
And they decide elections.
I think everybody frequently forgets it's not all of the ones who are the base on the right or the base on the left, it's that middle group.
I heard this yesterday, I don't know if it's true, someone super chatted us that Citigroup and Bank of America have a massive multi-billion dollar short position against the U.S.
economy.
unidentified
I mean, here's the thing.
All of the banks have to hedge, right?
So it's easy to look at their balance sheets and say, of course they have a, you know, notational multi-billion dollar short because they're hedging their long positions.
But what's remarkable is even though you have a lot of this bearish discussion, I was just reading some statistics put out by, oh gosh, Vandertrack, I believe, put this out.
They're a research firm and they look at all this data.
And I say, hedge funds and the banks, they're talking about how concerned they are and how they want to, you know, hedge the market.
But then when you look at their actual positioning, they're heavily exposed to just the big mega caps and the S&P 500 and, you know, the NASDAQ because the long-term trajectory is probably up.
You probably knew about it well before the movie even came out.
But there's a really interesting part of the movie where the protagonists are dumbfounded that their credit default swaps are not You know, going into the positive territory for them, despite the fact that defaults are on the rise, the mortgages are collapsing, the securities are collapsing, and they go to the banks, and they're like, what's our position?
And they're like, unchanged.
Like, how is that possible?
Because the banks were offloading their exposure to unsuspecting smaller banks and individuals, and then as soon as they were clear, they went, oh yeah, it's over, everything's collapsing.
unidentified
Well, I mean, the same thing happens today every single day with IPOs.
I mean, you could look at VinFast or or even probably what's going to be the Arm IPO.
Almost all these IPOs are just insiders offloading and just ripping off the normal investor.
So what we're looking at is a lot of a normalization because you had basically it was impossible to default during COVID.
Right.
Even now, you know, there's this fear about us hitting a wall with the student loan crisis.
But whether it's right or not, the Biden administration has made it that we can not make our payments for an extra year with no impact to our credit or otherwise.
So, about 50% of people, based on the latest Bloomberg survey, are expecting not to even start making payments.
Doesn't that lend itself to as soon as this unramping period is over, the delinquencies are masked and there will be a big shock to the system when all of a sudden the debt spikes massively for these people?
unidentified
There will be a massive debt bubble, like great reset at some point in the future.
I don't know if it'll be in our lifetimes.
I think, you know, fiat currency, every fiat currency that has ever existed has collapsed.
The amount of debt that exists today.
I mean, that's scary, right?
It's like, where's my gold now?
You know, golden bullets, man, you know, but yeah, well, then and then you look at the massive amount of debt that we have.
But what's remarkable is what you're seeing today is rich get richer, and that could actually keep us going for much longer.
So here's something crazy.
Interest rates have gone straight up, right?
Net interest payments in the country on corporate debt have fallen.
And that's because, guess what the richest companies are doing today?
The richest 10%.
Think the apples of the world.
They're able to borrow money at 10, 20 years at 4%.
Then they deposit it into money markets and they earn 5%.
Wow.
So net, even though interest rates are going up, net interest payments are going down.
Well, because they can borrow at essentially no premium over the 10-year bond market, because they're basically deemed just as risk-free, like an apple, less likely of defaulting, almost less likely of defaulting as our dysfunctional Congress, you know, in a 10-year treasury.
And so now what happens is... But like the Black Rocks, the State Streets, Vanguard, they're doing all this?
unidentified
Well, of course, because think about it.
I mean, these pension funds and these institutional investment companies, they need to earn their 5, 6, 7%, which you can now get basically risk-free in treasuries.
It's insane.
I mean, you can now get 6% on a three-month CD with your bank.
So the reason I don't think that's the case is mostly because if we look at the last 40 years, we've been on a path of lowering inflation and lowering interest rates.
We printed way too much money, excessive amounts of money during COVID.
So I think that when we're in 2030, we're going to look back and go, well, no, duh.
We had massive inflation after we printed all that money.
It's hard to know for sure, especially with the political games that are being played, but there's a big incentive right now to at least do whatever they can to hold up the popsicle sticks so that everything doesn't come crumbling down.
unidentified
Oh, well, of course.
I mean, there's also that element of, like, well, the data could be, you know, rigged, so to speak.
I mean, nobody believes, really, the inflation numbers, or CPI, or jobs, or these numbers.
They always get revised down.
And so there's, of course, the jaded POV that, hey, like, we could be in a way worse situation than we actually think.
This is, you know, when I'm younger, I'm wondering, how does this work that you can just make money by having money?
I mean, there's the famous, I shouldn't say famous, but there's the quote from 30 Rock where Liz Lemon goes to Donaghy and she's like, I wanna do the thing rich people do where they make money from money.
unidentified
Yes.
What do I do?
Right.
So, and I think that's where practical finance is so useful.
And that's, I'm a big fan of that on my channel.
And it's, you have to control assets because I really believe no matter what happens in the economy over the next year or two, nobody knows.
It's a crystal ball.
It's a crystal ball what's going to happen over the next two years.
It's either we're going to go into recession, shallow recession, or no recession.
It doesn't matter.
The one thing that we know, and I think we've agreed on multiple times in this, is that wealth inequality is going to grow.
Oh yeah.
So how do you prevent being stuck on the side that's not growing your wealth?
And the answer is, you have to own the means of production.
Which are, I know, you have to be an owner.
Which sounds intimidating, but it's really It's buying your first house.
It's turning that into a rental property when you buy your next house.
Right.
Buying and controlling more real estate.
It's buying stocks.
It's starting businesses.
Or, if you're not starting businesses, because not everybody's an entrepreneur, it's taking your salary and using that salary to buy real estate.
The richest firefighters and police officers, because I was a police explorer for three years and volunteered with firefighters as well.
The richest ones were people who said, I make the salary plus my overtime.
My salary is maybe 60 with overtime.
I'm at 90 or 100.
I'm going to have a pension after 20 or 30 years, depending on the department.
The richest ones were the ones who said, I'm going to keep my debt low.
I'm going to use my salary, my W2 income and buy real estate.
The one thing that annoyed me more than anything was when they said, I get these friends of mine or activists being like, did you know that there are more empty houses than homeless?
And I'm like, tell me what that means.
You think that means you can take a homeless person and put them in a house?
Do you know what happens if you do that?
The house just falls apart.
The homeless person doesn't, their circumstances don't change.
You're basically hiding the homeless person and their problems.
Right, right.
Houses have to be built, maintained.
Like, property taxes are used for a variety of things, and we can absolutely say it's BS to force people to pay tax or whatever, but there's sewer systems, there's roads, there's public infrastructure and electricity, and then you have maintaining the house itself.
People who don't own property, imagine what happens, and you know this exactly, you buy a house and then you forget about it.
And then there are people who are retirees who saved up money to pay for the creation of a home that you, starting out your life, can't afford to build.
So then I guess it comes down to this practical problem, though, because now what's really popular on social media is this talk about, oh, we're worse off today than we were in the Great Depression, which is mostly based off cherry pick data anyway.
This guy believes we are not just living in worse than the Great Depression, we're living in the silent depression.
The average annual income in 1930 for an American individual was a little over $4,800.
Sounds like nothing, but if you adjust that for inflation, a little over $4,800 a year in 1930 is equivalent to almost $85,000 annually for the average salary for one person.
Right now, the average annual salary is $56,000 a year.
We currently are making less than the height of the Great Depression.
In 1930, gas was on average 10 cents a gallon.
That would be about $1.73.
unidentified
Alright, so we'll stop there because what you just said was wrong.
Your tweet is, inflation adjusting to $24,000, or half of today's income, and the Community Note actually links to, I think it's the Foundation for Economic Education, is that what it's called?
F-E-E?
And it says the same exact thing.
The $4.2k salary from the video, adjusted for inflation at $95k today, is pulled from IRS taxable returns, which only accounted for 1.3% of the population.
The real inflation adjusted salary from 1933 would be $24,500.
Here's the interesting thing about all this too, though.
People don't take into consideration the advantages and necessities that come with technology, how it changed our world and created different economic requirements.
- It's getting cheaper and it's getting more accessible. - And you know that's just T-Mobile rebranded.
unidentified
Well, T-Mobile did buy them, but before T-Mobile bought them, sorry for the tangent, before T-Mobile bought them, Mint Mobile was just a way to sell T-Mobile bands to people who wouldn't pay the 90 bucks a month for T-Mobile.
It's charging people based on what they're willing to pay, which is the best thing a corporation could do from a corporate point of view, is charge people who are willing to pay $90, $90, and the people who can only afford $15, $15.
Now, to be fair though, We went with T-Mobile because when you go for these contract networks or whatever, that's like it's part of the T-Mobile network, they'll give you a data cap.
They prioritize their core base.
unidentified
Yes.
Okay, so if you need a lot of data, this is true.
And then the prioritizing I think they're building enough antennas.
No, but people are probably like, what is that even?
So here's my thing about the current salaries that I think people should consider, and I don't know what it ultimately means, but my dad did not have to buy a cell phone or a cell phone plan.
That expense didn't exist.
You try to apply for a job at Starbucks and they're going to say, what's your cell phone number?
And you're going to say, I don't have a cell phone.
There's a veteran who needed a chairlift and they said, we, it'll take, you know, X amount of time to build the chairlift or have you considered medical assistance in death?
First of all, I think medical assistance dying is, with the degree they're going from, they're going in Canada now, mental health issues, warrants it, and they're even allowing in some, they want to make it so that kids can get it without parental consent.
It's really amazing when you go to these old houses out here in Appalachia, Civil War territory, and you can go tour these homes and they're like, here's the cooling cellar where they kept their meat.
And then they would carry it down this little spiral staircase.
There was a cup.
It's so crazy.
There's a cupboard in the kitchen.
That's like two feet wide.
And when you open it, it's this extremely narrow spiraling staircase to go up to the meat room, to grab the meats, to bring them down to the kitchen without obstructing the flow of the house.
So the chef wouldn't walk into the master dining area and it bother anybody.
But my point is, we have tremendous technological advancement that benefit our lives in ways that never before.
But we're also still miserable, too.
And how do you figure out where that point is, right?
So Isabelle does this video where she says we're actually in a silent depression.
unidentified
She's hitting on a very real sentiment, is what it is.
Even though the information is factually wrong, the sentiment is 100% correct.
It's the Richmond song, right?
It is the sentiment that, look, everything has gotten more expensive.
Everything's 30% more expensive now over the last few years.
It is more expensive for housing, for rent, for a mortgage, for your credit cards, for your car, for groceries.
So she's hitting on something that's accurate.
Unfortunately, the question is, how do we fix that as an individual, like practically?
If we were to, today, strip away all of the cures and all the medical advances, from these from these diseases and we just said we simply cannot cure any of these diseases there's no left-wing outrage over medical care interest it simply does not exist but they do exist so what do we do and and that's where it gets interesting yeah i this is where when it comes to like universal health care this is where i'm like basic health care i think i agree with yeah i don't bernie guy well i used to be Okay, okay.
So, I'm not saying people are wrong for wanting access to these things, but if you look at it holistically, if you zoom out and you look at humanity outside of the perspective of a sympathetic, individual, empathetic human being, you say, well, if we have 100 doses of cure and 10,000 people who would like a cure, universal healthcare does not exist.
It is impossible.
So, how do you do it?
unidentified
Right, I mean, it's like everybody would like to live in Los Angeles, but it's so expensive, not everybody can.
And then there's this idea, well, then we should have more affordable housing because I'm owed to live in L.A.
When the reality is, no, you're not, you need to leave L.A.
So, there's capitalism versus, you know... Utopianism?
But when we didn't have AC, the elderly would just die.
Or we or we have different social customs for protecting them like watering holes or making sure they were you know people would check in on them Now that we're in the era of ubiquitous air conditioning It's something we must have to live and the people who do have access to it live a better example would be refrigeration Okay, when nobody had refrigeration People would just die of diabetes.
It was an illness that would affect kids and older people and they would just die.
And then someone finally, I can't remember, I read the story a while ago, isolated insulin and then all of a sudden the children were cured!
So, going back to what Isabel was saying about the salary being 54k, that's double the depression era, but we also gotta consider what we expect to be a necessity for us, including refrigeration, clean running water, sewage, all of that stuff.
Cell phone, internet.
Yup.
Can you live in society and have a job and make $54,000 a year if you don't have a cell phone, don't have the internet, don't have air conditioning, don't have clean running water?
unidentified
I think if you're making $54K, your goal should be, how can I make more?
Yeah.
But then you go back to, well, high school, and it's like, well, what did I learn?
- Talk to your, not to all of them, I think it's a companion.
- Okay, okay, okay. - You can literally, my understanding, I could be wrong, but it's like, you could put on a headset and as you're playing, you can say your command's name is like John.
You can be like, John, come with me.
And he'll go, you got it.
And then you can say something like, John, what do you think about the current phase of the moon?
And he can say, you know, I haven't thought too much about it.
It's a natural, predictive response.
And the guy there was telling me that he played it and you can actually bump into the character and they will give you a unique, hey, knock it off.
As life gets depressing for so many people, and social interaction becomes harder, the wealth inequality is going to be the owner class and the VR gamer class.
People who are poor and own nothing will have a small pod Which could could technically be like a bachelor style apartment.
Where they strap into VR and live in a world where they can be happy and have everything they've ever wanted and feel emotionally satisfied.
And that's and that's how you placate a distressed populace.
unidentified
Now then then I wonder though is that like so I mean it's very Ready Player One-esque is I mean it to some extent sounds very depressing because it's like well we shouldn't need that but then on the other hand does that take away the hardship that you would otherwise have in life In any level of life.
So I have an eight-year-old now, he just had a birthday yesterday, and a five-year-old, and when they play Roblox, and it's just constant dopamine, dopamine, dopamine of positive, positive, positive, positive, everything else in their life is miserable.
Yep.
Like, getting up is miserable, going to the bathroom is miserable, going on a walk, getting on go-karts, going on your bike, everything is miserable.
You, it's a bowl you stand on, you put on special shoes, you strap yourself to a harness, which is mounted as part of the thing, and then you can run in any direction, strapped in, put the VR goggles on, take the controllers, and you can play Skyrim.
Imagine what's going to be like when we have VR multiplayer, MMO, like World of Warcraft VR, and you're in one of these things, and it's out of movies, but I already look at a lot of these MMORPGs, especially with how big World of Warcraft is, and it's constant dopamine.
It's addiction.
Oh my gosh.
It's funny when you see these, like, farming simulator.
We're talking about how much we want to do short films, sci-fi, dystopian stuff here, and we just, like, aren't getting around to it, so it'll probably never happen, but we can dream.
But one of the ideas we had is because we constantly talk about this, Is, uh, imagine a show where it's short film, this guy is talking with his friends about how they're gonna win the, uh, sim contest, this video game, and then you get scenes of someone being, like, last year's champion, $10,000 prize, first place, video game champions, and they're practicing, and the game they're playing is Farming Simulator.
But so, these guys are like, they're working on how they can maximize the game strategy so that the game is played over a few days, and then they have the highest revenue, and they have the lowest costs, and they have the maximum produce.
And then you see this big tournament where you have all these different teams, and there's TV screens playing the simulator.
And everyone's cheering and they're all like, you know, the Phoenixes out of Detroit have generated 2.7 million already on their sim and they are leading the pack.
And then you've got people coming in, sponsors being like, guys, you've got to pick it up.
Have you considered it?
There's another team that's losing.
And then the reveal is...
It shows an actual farm being operated by AI, which the video game players are actually controlling.
They're doing the labor for free, not realizing it.
And the text was weird looking and computers couldn't recognize it, but humans could.
So when it was like, in order to proceed, what they would do is one word would be intentionally obfuscated that the computer knew, and one would be from a book the computer couldn't understand.
And so you would then type in both words and teach the AI how to see letters that it couldn't understand.
So you were doing free labor.
Imagine the greater, you know, extension of this.
People playing video games like a simulator thinking that it's just a game, but they're actually running the farm and making profits for the owner of the farm.
I mean, imagine that.
You talk about there's going to be the owners and the non-owners.
Or people download the apps and then there's like a wait list.
It's like, when do you get to play the game?
And someone finally gets like, your account has been activated.
And what really happened is a new chain opened up and someone has to manage it.
unidentified
And so then these people playing the game are actually... What this relates back to is your message earlier of that purpose, which is that back to Vivek's message.
In playing those competitive games, you've now given folks a purpose.
Whereas maybe now, because of this silent oppression idea, it's this feeling of this lack of purpose.
I remember when I played World of Warcraft, I felt like I had a purpose, I had to be there for my clan, I had to heal!
I mean, yes, it's a hyper concentration of waste that can't be properly dissipated into the environment.
So if people move away from these cities, then you can manage it.
unidentified
But then there's so much like pooping on urban sprawl.
Like, oh, we don't want urban sprawl!
It takes away the character of a city and a downtown.
But isn't to some extent kind of what people need is their own house and their yard and there's your school and your fire department, your police station.
You know, because then you could have You know, master plan communities outside of cities that are actually affordable and functional for you to have a family in at an affordable price.
And if you need to go into a city to commute, you could do so in the tunnel.
But I'm curious, if you think it's going to get worse, what do you think the next year looks like or what happens?
unidentified
I think that California might be one of the first places to actually break if they keep going down this path.
I find myself generally to be pretty moderate and not super conspiratorial, but I think that if there were one place to have a revolution, it would be California.
Yeah, and it almost needs one.
Okay, so but but not yet almost it like no no no it needs it But it's not gonna happen until that San Francisco problem spreads everywhere when that happens everywhere in California.
There is one thing that I think could stop Newsom from winning, and it's that if, during the bait, his fake human mask falls off and reveals the lizard man behind it.
Yeah, the robot's exposed.
unidentified
Right, right.
So short of that happening, yes, yes.
Yeah, but as otherwise, as far as the next year, yeah, it's, you know, I think the best thing for an individual listening, your audience, maybe they might not know me, is I think to myself, do what you can over this next year, two years, to create as much value in your life as possible, because you need to get on the roller coaster.
Not going to say it's going to be easy, it's not for everybody, but if you're not on the roller coaster, you're going to get left behind.
I don't know when it'll happen, yeah, that's true.
I don't know when, but I think we're slowly going to come more and more into that.
There's so much hope.
For example, I'll put it this way.
If somebody wanted to start a YouTube channel, somebody who's watching your videos right now or the live or however, they wanted to start a YouTube channel.
If you want to get a lot of views right now, just tell everybody the market's going to crash.
Tell everybody there's going to be this great, glorious reset, and you're going to have your chance to buy that gorgeous $100,000 four-bedroom, two-and-a-half bath with a pool.
And you're going to be okay.
And you're going to get rich in the stock market.
But it's all going to happen after this giant crash and after all the suits go to hell.
That is how to get a lot of views right now, because it's echoing the sentiment.
of really Richmond, North Virginia, the political corruption, all of that.
The question is, is that actually going to drive meaningful change?
There's the way to look at it of all the politicians are corrupt, all the rich corporatists are corrupt.
Uh, and then there's the, well, if you started a startup and it became a billion dollar company, now you're a rich corporatist.
Did you get there on bad intentions?
Maybe not.
Maybe you actually had a good product and only fans capital.
Right.
Capital.
I mean, he just made like 300, $400 million in last year, cashed out and options or whatever.
Uh, that guy's like killing it.
But anyway, so is he a bad person because now he has hundreds of millions of dollars and he's way richer than the next, you know, uh, you know, 10,000 people next to him.
Well, so the challenge there is, I'd be willing to bet that if you went to the dude who founded OnlyFans and you tried to shame him over being a porn ring, he would absolutely defend it.
He's gonna say all this stuff like, people have a right to purchase, I'm libertarian.
But deep down inside, he's just like, I have to maintain Because I feel like if you watch your creation become this monster you try to stop, you're honestly gonna, you know, deep inside be like, ugh, here's the question.
Is he a bad guy for allowing it to happen?
If he did a full stop and said, I will never allow this to take place, this is destructive to our culture, to our economy, we can't have it, they'd just remove him.
And that answer is, you lean into that kind of stuff.
So then the question is, okay, what's the job of a politician?
Well, it's to get reelected.
Well, how are you going to get reelected?
Are you going to get reelected by, you know, going out and helping people who aren't donating to your campaign or the people who are donating millions of dollars to your campaign because that's how you stay in your job?
So of course, you know, it's when we go to the nitty gritty of it, every corporatist is like, well, I got I need more earnings for my company.
So we got to keep prices high and lower expenses, which means laying people off.
You know, now we're talking about instead of silent quitting, we're talking about silent layoffs, which is where, you know, if Amazon doesn't want to fire you because of the PR of that, they assign you to a department that you don't want to work in and then you quit.
And then they don't replace you, right?
So now that the executives are doing what's good for the shareholder, which is more earnings, but then that's bad for the individuals because they're getting laid off.
But everybody would probably do that in that situation.
I remember watching this video where anti-oil protesters went to a CEO's home and he came out and sat down with them and said, tell me what we should do.
And then they had a conversation and he said, I agree with everything you've said.
And they were like, well, then why are you doing it?
And he was like, okay, well, I would like to do everything you said, but...
Benny starts pointing out like, how many people would die if we reduce oil production in this city?
How much energy loss would result in how much death?
And it was just constantly like, we want to save the world.
If we reduce oil production, 40,000 people will die in a month.
In California, we have these rolling blackouts every summer.
The electricity grid isn't stable.
Part of the reason for that is we don't have enough natural gas peaker plants that are capable enough for the demands we have now.
Okay, so you look at the natural gas peaker plants and you say, okay, well, why don't you make your systems better?
And they say, we would love to.
In fact, we're running 1970s technology and we'd love to have more efficient technology that could actually lower emissions.
So we go to the state of California and go, can we please get a permit to have a more efficient facility?
The state of California says, is it 100% green?
No, but it's more green.
Nope, it's gotta be 100% green.
So you're left with the old crap and not the efficient crap.
So what you should have is the most efficient fossil fuel burning stuff that you can have now while trying to transition To, yes, a more sustainable future, whether that's nuclear or whatever.
But it's just maybe, this is why a lot of people don't believe in climate change.
Oh, of course.
I should clarify, the climate change agenda.
unidentified
Well, I think that's what this this the nonprofitism what you mentioned is you need basically more donations.
You need you need a something to fight against because if you can't if you don't have anything to fight against you don't get donations because you don't get attention.
Yeah.
So, the attention gets you donations.
Non-profits are funny because they are absolutely for profit.
Because think about it, non-profits are just paying payrolls to everyone who's working there.
The CEOs of some of the non-profits are making half a million bucks a year.
So the question is, if the economy declines by X percent, what is the correlated amount of death from economic downturn?
unidentified
Ah, interesting.
Okay, okay.
Because of the inflation that you create by supporting these projects that aren't fruitful.
And therefore now you go into a recession, potentially, and that leads to death because you've lost your job, you turn homeless, you get afflicted with drugs, and you die.
But if the issue is how many people die from discernible extreme weather events or extreme weather, I'll say this, I don't know if he's correct, but what he's saying makes sense.
die from the economic ramifications.
I think I'll say this.
I don't know if he's correct, but what he's saying makes sense.
unidentified
Yeah, that's true.
It's intuitive in the lines.
That's that's a good point.
It's it's it is incredible.
There's a lot of I think there's a lot behind the scenes that would make a lot of folks go, oh my gosh, what is actually going on here?
And it's sad, but from a practical point of view, I think there's little from an individual point of view we're going to do.
I think from an individual point of view, everybody's goal needs to be, what can I do to get to, to not be left behind?
You know, and a lot of what I get out of our conversation so far is, especially with the way these companies are just operating, politicians won't change because they want to get re-elected.
So that means the... What were the plants called that you were talking about?
Because then eventually there's no options and everyone's just saying, I don't care what the ads are saying.
Like, we're telling you this is the case.
Like, we want to improve things.
unidentified
Truth is really missing a lot in our discourse.
And I think that's why I strongly believe that 99% of Americans, whether they're Republican, Democrat, Libertarian, Authoritarian, whatever, they can sit together and probably agree on 99% of things.
And I know it sounds extreme, but I really believe most people can sit down at a bar, have a realistic conversation, and agree on a lot of priorities that we can focus on.
But you look at some of these prominent personalities and they'll either repeatedly deny its existence, say it never happened, knowingly lying, Or, and that's the abject evil, the banality of evil in they just believe MSNBC and they won't actually Google search it.
This has been my experience consistently since the culture war became, you know, front facing and dominant mainstream.
I sit down with Trump supporters.
I was, I sat down in San Francisco in like 2016 or whatever with Trump supporters for this big dinner and they were like, you know, come, come, come, come, you know, we know that you're like a lefty guy, you're like Bernie, but you know, we want to talk.
And I'm like, oh, I'm always interested to talk.
And they started laughing about the idea of systemic racism.
And then they were like, that's a lie.
And I was like, I was like, no, I think it's real.
I just think it depends on who you're talking to and how it's being defined.
And you got to make sure you got a clear understanding of what the, what the phrase represents.
And so I explained to them basically how Ferguson happened.
The long story short is it was rooted in racial covenants, barring black people from moving to certain areas.
Yeah, like redlining was in Chicago, they said this area, the real estate companies were like, this area is specifically where we're gonna sell to black people.
With Ferguson, you had Pruitt-Igoe, you had government housing, poverty, the welfare stuff didn't work.
And so white people moved out of the cities where there was crime and then created small suburbs.
St.
Louis is now comprised of like 90 some odd suburbs.
It's not a big city, it's actually a whole bunch of small cities.
Then they passed a covenant saying nobody can live here anymore.
And they're like, I see what you're saying, but I would disagree with the phrasing because it makes it seem like they're... I'm like, totally understand.
unidentified
Totally understand.
Yeah, I guess when people hear systemic, maybe they're not thinking of system, because really what you've described is exactly true.
It's called the concentration of poverty.
So when you are in poverty, you are twice as likely to either commit or be a victim of crime, but you are also twice as likely to be a minority, specifically black or Hispanic in some cases.
But if you have this system that was built a long time ago and based on racial tension, that results in people who have less generational wealth, which disproportionately tend to be black, you will end up with more black people experiencing... What happens is they get pulled over four times.
Then when they can't pay that bill, they get arrested for it.
unidentified
But here's the worst part.
You get a $50 ticket for a busted taillight, you don't pay.
Or your taillight went out and you didn't know.
on a suspended license, you knew about it, you go to jail.
But when you get out on Monday, the next city's police department is waiting for you because you owe them 50 bucks you didn't pay.
Because of the fractured system of how there's so many different suburbs and police jurisdictions, one violation turns into four.
And so I'm like, now you need to understand how they're perceiving it.
They're perceiving black people are getting pulled over too much.
I think it's a class issue and we should try and alleviate the race, but my point ultimately is not to rehash that story.
It's to point out that Trump supporters sat down, have no problem having that conversation, listening to what I had to say, giving their thoughts on it, and then we all smile and eat, you know, cheeseburgers.
unidentified
Well, and that's ultimately, I think, what every reasonable American should be able to do is have that kind of discussion.
And the reality is when you fall into poverty, the first thing people usually do is they have to move to a poor area.
And so ultimately what it brings me, the reason I bring the story up is, we struggle to get prominent liberals and leftists to come on this or Tim Guest's irony shows.
They won't do it.
unidentified
Ah, that's unfortunate.
One thing I respect about Vive, is he goes on everything.
But, you know, there's a handful of liberals and leftists that we're fans of.
We like, you know, I always shout out Crystal Ball and Kyle Kalinske.
They're good people.
We disagree on like... Crystal Ball from Breaking Points.
Yeah, she's great.
Disagree with her on a lot of things.
But she's an honest person.
And Kyle Klinsky as well.
But the problem is, too many of these... I think the issue is, if you bring in a prominent left personality into an actual conversation like this, their entire framework is ripped to shreds.
And not for political reasons, for matters of fact.
Right, so like talking about Joe Biden in Brisbane, we had a guy come on TimCast IRL, And I mentioned, yeah, but Joe Biden said, you know, he's like, Trump did a quid pro quo.
I'm like, he's sort of Biden.
Biden said, if you don't fight the prosecutor, you're not getting the billion dollars.
The vice president doesn't have the authority to withhold congressionally approved loan guarantees.
And he smirks and goes, that never happened.
And I'm like, hey, we're live.
I played the video for him.
And then he's like, uh oh.
unidentified
So people, they don't want to come in here and know that- - Well, because then you get ambushed in that sense.
Oh, that's really interesting.
But see, that's a problem because then you can't have a real dialogue and then you can't actually figure out, well, what are the real grievances and what are the real solutions?
And so then you get the extremism.
Everybody stays on their own echo chamber basically.
And that's a real big issue because then hate goes up like we had on the chart. - So I got one last question for you.
Uh, yeah, I really, I don't know that Joe Biden's going to make it to the election.
I agree.
Uh, I, so, you know, Biden versus Trump rematch, I don't actually know that we're going to see that.
Uh, I don't, I mean, Trump's not going to be done with any of his, his, uh, you know, prosecutions or whatever.
All those are going to probably continue throughout the entire election because even if he were found guilty, let's say in the Georgia thing, which is conveniently happening before Super Tuesday, but nobody, you know, that's obviously not planned.
Being sarcastic.
But anyway, any kind of sentencing or whatever, even if you were found guilty, wouldn't probably happen until after the election.
So ultimately, American voters are going to decide.
I think you get Trump of Ake, if I had to decide today, you get a Trump of Ake, and you probably get a Newsom.
I don't want to say what I would do because I don't even know.
Let's put it this way, I really hate what Newsom has done in California, okay?
And I don't want to see that happen to America.
I'll say that much.
- And you don't wanna vote for Trump. - I don't want, so look, if I say what I would vote for, and I honestly, I don't think I could say it.
I think I have to respect as much of the impartiality that I try to provide to my channel, because I truly believe I'm so 51-49, Let me put it this way.
Do I really think the trajectory of America is going to substantially change whether it's Newsom or Trump or Vivek?
Probably not.
Yeah.
Because of the way the system of government is set up.
Because our founding fathers really set up our republic to change very little.
I think, uh, I think, you know, when you talk about how you like the things Vivek has said or in certain ways or whatever, I think we need as much as possible for people who, uh, You know, people, wherever they find themselves, especially people who aren't in, like, hardcore politics, what you're doing, I think, is fantastic.
Just give people the opportunity not to have to put you in a camp, and then you can talk to them, and then they can try and make their own mind.
