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Nov. 19, 2022 - Lionel Nation
18:25
Elizabeth Holmes Gets 11+ Years for Theranos Fraud
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Elizabeth Holmes, the Theranos fraudster.
The one who talked like this kind of a kermit-y frog.
The one who became or thought she was.
I don't know why Steve Jobs, you heard the story.
I don't have to go through this again.
Why she's important is if this is not psychopathy, nothing is.
Now let me go through a couple of things very, very, very quickly.
Elizabeth Holmes was sentenced by a California judge to 11 years and 3 months.
In prison for defrauding investors.
I'm not going to go through the particular specifics of it.
The jury was unable to reach a verdict on other charges.
They didn't really convict her on charges relating to advertising or the patients themselves.
Either way, just focus on this.
You're talking about a design of a product that can kill people.
This isn't an app.
You know, fake it till you make it.
This was the whole Larry Ellison thing.
Remember that one, the whole thing about Steve Jobs?
You know, in Silicon Valley, it's venture capital, and you go out, and maybe this operating system doesn't work, or maybe we're talking about something that detects disease.
And if you're wrong, people die.
They forego treatment.
This isn't an app.
Dig this.
Okay?
Understand this.
Now here's the thing.
And by the way, I know the internet is replete with lectures and descriptions of narcissism versus psychopathy versus sociopathy.
Okay, okay.
Well, I'll let you enjoy that.
They kind of bore me.
This is what I want you to understand, though.
This is what fascinates me.
Because, in order to understand sociopathy, the sociopath, think about it this way.
The psychopath, you're born that way.
The sociopath, you learn it.
Okay?
Sort of.
Very simple.
But here's the most important thing.
I want you to imagine two parts of your self.
Your head and your heart.
And how they're connected.
When you look at something, you normally think of something in terms of consequence.
Lying to somebody.
If you lie to your wife or your spouse or your mother or a business partner, you lose faith.
You disappoint them.
You break their heart.
You get caught.
You go to prison.
You put a connection, a consequence.
Sometimes the consequence is very brutal.
Do I get caught?
Do I go to prison?
But the other part is, does it mean anything to me?
Do I have a feeling of compassion or humanity?
Oh my God!
That's a little kid!
Or, it's going to ruin their Christmas!
Or, it'll break her heart!
Or, if I do this, My wife or husband or whoever will find out my kids will be destroyed.
They'll never look at me the same way.
You see what happens?
See what happens?
Two things.
One, consequence.
If A, then B. And number two, if A, then B, but a connection.
It means something.
Now that heart, You know, the feel, that can be through situations, not the consequence per se, but the heart part, the feeling part.
War, wartime training, habituation, being subjected to horrible, horrible things.
Horrible effects that dull the senses, short-circuit your ability to appreciate these things.
That compassion part can be really messed with.
You know when they always talk about serial killers, they always talk about the big three.
Remember, enuresis, or bedwetting, teasing animals, and fires, lighting fires.
But one of the things that will almost guarantee you something is going to go wrong is when you abuse and you hurt and you destroy a child.
You destroy them.
You subject them to the worst possible horrors.
And that can affect the heart part.
So let's go back.
Elizabeth Holmes.
Think about what she did.
Think about this.
This kills me.
Imagine you're doing something where you're going to say, I want to be a billionaire, and I have a design for a machine that I'm telling people.
I'm telling people.
Forget the fact that you're looking at George Shultz and others, and you're looking at them, and you're pulling a con job.
Even that I can live with.
That's not so special.
That's not really a psychopath, per se.
Might be, but that's...
Listen.
Politicians do it.
Businessmen do it.
Lying is one thing.
Remember, it's one thing if you're selling land.
You know, land speculation is one thing.
An app that doesn't work is another thing.
Different things that don't work.
Business deals that fall through.
And you, through puffery and exaggeration.
That's one thing.
I dig that.
But you're having people.
You're telling people, no, you don't have cancer.
Don't worry.
Forgo that treatment.
Go on a vacation.
Don't worry.
You don't have diabetes.
Or what's worse, maybe tell somebody you do.
I don't know what's worse.
False positive, false negative.
False is the key word.
But that doesn't bother her.
That doesn't even get in the way.
The head and the heart.
I'll never forget this.
This is the one that kills me.
To show you about these people.
And again, I'm not a professional, but I'm a self-imposed expert.
And on the internet, all you have to do is just say you're an expert, and you are.
So, I'm an expert.
I'm kidding.
I'm kidding.
But, trial lawyer, and been around courts, and...
Had some people that, you know, through a lot of evaluations and being able to understand the notion of insanity for purposes of the McNaughton Rule and legal defenses, I'm a little conversant with it.
But anyway.
But two studies I want to share with you.
One.
They were doing some imaging.
Brain imaging is wonderful.
The reason why that's important is if you take a MRI or something of a brain.
You get this picture.
There it is.
There's the brain.
Great for tumors, but what part's firing?
I don't know.
But with imaging, with PET scanning and imaging and all this kind of stuff, fMRI, blah, blah, blah.
You can see what parts.
It's like an active scan.
An image of the brain as it's working.
What parts are firing?
You know, the orbital cortex, pineal, this, this, this, the limbic system, the parietal, this, sorry.
And you can find out what parts are firing, what's happening.
What parts are dead?
What parts are cold?
This part, James Fallon, not Jimmy Fallon, James Fallon is a wonderful piece about this dead blue, ice blue, directly behind the eyes, the orbital cortex of the psychopath.
It's not there.
It's not clicking.
So in this experiment, they told somebody, we're going to put this device on your finger.
And at the count of ten, we're going to deliver an electric shock.
Well, it turns out either there wasn't a shock or it wasn't that big of a deal.
But for normal people, as it approached ten, you could see that part of their brain starting to fire.
One.
Two.
Oh, it's worse.
Ten.
Nine.
I think it backwards is worse.
Seven.
Six.
And they're anticipating...
Consequence!
And the parts of the brain that deal with the cortical parts of the cortex, the cerebral cortex, are firing to anticipate the executive center.
We understand what's happening.
Psychopaths, nothing.
Didn't matter.
Nothing happened.
But this is the study, this is the one that I loved.
I love this story.
And when I say I love it, I don't love it.
Because it really explains it.
Have you ever watched something, you're reading something, and you're so engrossed in it, you're just fascinated by this.
And maybe a mirror falls, or a clock on the wall, or something falls, and you don't even notice it.
Because you're so engrossed in this.
This is so fascinating.
You don't even notice it.
Versus, You're watching a scary movie.
When you were a kid, and you're watching something, and you're scared, and you're, oh my God, you're transfixed, but not in a passive, very interested state of affairs.
You're on the edge of your seat, waiting for this monster, whatever it is to occur.
And then the thing falls off the wall, or there's a noise, and you jump.
About 30 feet because you're at that state of panic or what have you.
Okay.
They had people look at pictures of regular people, control groups, of horrible deaths up close and terrible pictures.
And they were just horrified by it.
And they would like hit a noise, like a stadium horn, like, you know, some noise.
And they would jump.
Psychopath?
Nothing.
They were just engrossed.
Why?
The head and the heart were disconnected.
The head knew what it was, but there was no reaction.
There was no...
It was interesting.
There was no...
In the case of this...
Not a plethysmograph, but this electrode or whatever that was going to fire.
He knew what was going to, he knew it.
But the head and the heart were disconnected.
There was no anticipation, no consequence.
That's what these people are.
That's the thing that is the most fascinating to me.
And what's interesting is that if you understand how that works, you understand what humanity is.
And you know when a beautiful, like a child shows compassion, sees another child crying, feels, is empathic, sympathetic.
It's beautiful.
Head and heart are connected.
And then life sometimes can destroy that connection.
Young men who go to war, people who see atrocities.
And then you see Elizabeth Holmes.
Who never lets up.
Now, I don't know whether she became pregnant during the course of this to perhaps engender some type of sympathy.
I don't know.
Is that beyond the realm of reason?
No.
Psychopaths also, by the way, do not, or sociopaths as well.
Remember, are you born with it or do you become it?
Either way, they're not necessarily killers.
They don't go out.
I'm not suggesting that anybody's going to go out.
Yeah.
But you and I, the first time we found out, the first time we were involved in a device that's supposed to detect cancer, and not only that, look at the people who fell for it, Walgreens, and George Shultz, and just a variable who was paying attention to this.
One thing about this case.
Every expert said, in order for you to do these tests, in order for you to do the tests that she claimed you were doing by virtue of this little pinprick, you needed venous blood, blood from the vein, in suitable quantities to have enough sample using the best available laboratory diagnostics around.
You need venous blood, not just this pinprick.
But also in a capacity that is significant enough in order to allow this.
And everybody said this!
But she came along and said, no, that's alright.
I mean, look at these people.
Rupert Murdoch, Tim Draper, Betsy DeVos, James Mattis, the Walton family, the Cox family.
It's the most incredible thing anybody's ever seen.
This is...
I've always been fascinated by I've always been fascinated by con men.
I've always been.
And Ponzi was like Bernie Madoff Bernie Madoff was a passive con man.
They came to him.
He was maybe the best of the best.
His was a different story.
But this?
Now, this was beyond.
And the number of people that are out there, the number of people that are available, that are walking around right now, that possess this, is amazing.
Think about what I've said.
If you have children, watch them.
Watch how they react.
Watch if they feel empathy.
Watch if they are too prone.
Do they have a propensity, a penchant, a proclivity, a predisposition to lying, to mendacity?
Truth stretching a little bit, you know, versus the liar.
Because it's not that people are lying, it's that they have no appreciation for getting caught in the lie.
That's what's important.
Remember, you don't know what normal is, you don't know what beauty is, unless you know what Abnormal and horrible are.
Let that sink in.
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