Systemic Injustice, Affluence Edition

0:00 Oh, yeah. So you got me these clubs there. The problem is, is that the voice you can feel ear coming through it all, you know, but it's like warmer than no glove. But. But it's like the air coming through. It almost makes it slightly colder. Yeah. Yeah, we need, like, this. Um, dummy gloves on top of us. Yeah, I need to.

0:21 Dumb and Dumber where he's wearing two pairs of gloves. Yeah, yeah. It gets so mad, he starts choking up and he goes, Your hands go. He's talking to the deaf. And the only thing he cares about is how cold his hands are. So those are great. But my favorite thing would from right around there is that he's like talking about how he's got to go to the bathroom.

0:43 He's like, just go, yeah. You know, she because he's pulling over her 1/2 would be to hear he gets off and he's frozen to him. Yeah. Oh, so damn funny. Oh they hit a they hit a certain, certain thread with that ear. They did. They did. And I feel like it's something that could just never be done again.

1:08 Exactly. But of course, like I've read that movie, they can't leave it alone and they've tried if part two and three, right? Yep, yep. Oh, where's Austria. Even the pre good time which I didn't watch. No, no I didn't see either of the other ones. And the bathroom thing only rivaled by the by something about Mary. Yeah. Austria.

1:42 Yeah. Good. Oh baldy. Oh fucking let's not fucking. And I feel like, you know, the average American probably fits that sport pretty well. I didn't. Didn't understand why that was funny. Yeah, right. But it's so funny. Isn't that, were that Crocodile Dundee guys from Austria. Yeah. Austria. Yes. Oh, Jesus. So something funny that about Russian and Prussian. Oh, I don't remember.

2:23 But we're talking about SBF and Fox, talking about how they extradited the guy from the Bahamas. I got to mention. Okay, until like a few months back, I went over to Chris's house and we go to this or we had, you know Chinese the for the fortunes were sponsored and written by FDX. Yeah. So this, this, this jackass has managed to weasel his way into like tons of cover.

2:56 Forbes And, you know, it's just right in front of Congress about how to run a good business and all this fucking nonsense, right? When someone is making money from nothing hand over fist, all the frigging warning signs should be flat, you know, flashing. But instead, all these crypto pros and all these institutions and people who should have said, this doesn't pass the smell test, we're duped.

3:22 Yeah, it's weird. It's almost like the might makes right. Or like, you know, people are making the money. And so when they're making the money, everyone assumes that they're doing it right like that. They're doing something. They're so smart and they're doing something right. And if you listen to him on the face of it, he was saying what you sent admitted in his do in his interview with Vox, his impromptu self-initiated interview over Twitter DMS that he got, but he was spewing all the right things.

3:50 He was talking about working with regulators since the company's inception. He was talking about doing things above board. He was talking about what was the I forget the terminology they used, but it was basically this form of breaking altruism into your business. Yeah, right. Like you said, saying all the right things, but then doing something completely different. Right.

4:13 Having some weirdo nerd sex coat with his freakish looking girlfriend. Well, you know, I don't care about that. Have all the sex you want. But yeah, I do care about defrauding people out of fucking billions of dollars. My God. Billions like the scam scandal is bigger than Enron from what they've been saying. Well, okay, back of the napkin calculations, put it at 10 to 12 billion.

4:38 And so that's just just probably the face value, not to not to mention the downstream effects, right. Where people that are heavily invested in the financial carnage and then how things are leveraged in capital markets. So like, you know, things things are never just one off. They're down there paper on top of paper. There's a multiplier. Yeah. Yeah.

4:58 So like that was the mortgage backed security things that they do is they take a whole bunch of mortgages, packaged them together and put a grade on the package. Right, and then sell that package as a commodity. So when the housing market, you know, kind of bottomed out, not just the the mortgages were bad, but all the notes that were bundled on top of that that were securities traded and securities.

5:18 Right. Fell out as well. So the same thing is going to happen here with this FDX is that, you know, downstream services and bundled commodities are going to be fucked up too. Yeah. And so everyone that was every institution. And that's the thing we're worried about the institutional investors because the institutional investors have a have the market sway and impact to take us out.

5:42 All the institutional investors that invested in derivatives of what FDX was offering or packages like you said, those kind of things. It's like that's that's the thing. All these financial products that were built on top of it, it's this house of cards that is power. Exactly. And you know, guys writing himself $1,000,000,000 loan. And what how how is that even possible?

6:07 Right. I'm CEO of a business. Oh, yeah. I'm CEO of a business. And I can't just go write myself a loan out of business like, you know, there's and this is just a tiny business, let alone a big business that's, you know, by default, you know, this supposed to be designed to have all these big damn controls. This is just a small business.

6:28 I mean, we can't. The owner. No, I can't go in and just withdraw from the account. No we need to signatures on it at least. Yeah. So yeah we can, we can work together but and so this was just, just frightening ourselves. It and in essence, that's what this implies. This implies that all of the people at the top were colluding.

6:48 That's crazy. So he's not the only one. A whole slew of people are going to go to jail. Yeah. And this dude doesn't see this is the thing, too. Like, you know, you go and you go and you knock over a convenience store for 50 bucks or 200 bucks or whatever, you know. And you're you're you're in jail for 20 years plus, right?

7:04 Like ten, maybe ten, 20 years. Well, what what do you do to them? Well, fuck. Or you just defrauded the world of 10 to 12 billion. I mean, why is that not life in prison, maybe, you know, and then, I mean, serve as some type of deterrent. I mean, I guess you could you could make it to where, you know.

7:21 Yeah, I guess you can get to the point where people with real resources could find some way to then, you know, if they feel like you're getting in trouble, never face anything because they're just, you know, just just disappear, you know, just disappear out into some country, you know? There's no extradition. Yeah. And, you know, on some secret account, they score the way it has 10 million in it and never, you know, be outside the long arms lock on you idea.

7:47 But anyway, I mean I think that people that like knowingly commit this fraud at this kind of magnitudes and screw up so many people's lives. I mean, there's plenty of people that work like almost all their eggs in one basket on crypto, you know, and FDX is a big there was a big exchange was a big exchange. So, you know, there's people whose lives are definitely just like Bernie Madoff, you know.

8:10 Yeah, there's plenty of people whose lives are destroyed. But his reach is even farther than Madoff. You know what's so great is he did this in so much shorter amount of time than Madoff did. Yeah. You know, it's like he's really a genius at fraud. I have to commend him. Or the system is just so you know, that's that's that's the thing I keep saying over and over is that the system, society as a whole is actually kept held together by the good nature of people and people acting, doing the right thing.

8:41 Right. If people were just like subject to the controls of the law. Right? In other words, like, you do whatever you want as long you know, if you get away with it, you get away with it. And if and if people acted just like, I'm going to get away with whatever I can, it would just be suicide would be completely different.

8:57 It wouldn't be cohesive. It wouldn't be it wouldn't work. It wouldn't work. I mean, we've got some would say we have a thin veneer of groupthink and, you know, general kindness and altruism holds it all together. We do. Others would say know the evidence runs deeper. Yeah, I do think it runs deeper. But also I think that the evidence is overwhelming, that that's true and that human beings, good natures will hold sway.

9:25 You know, then we have people like that see the machinations of the system and see how they can use the goodwill that either they've built or other people have built to their advantage 100%. And we have had a rash of those people getting caught lately, everybody from Trump to SBF. Well, so this is what this is what is the threat of the actual toppling of the system?

9:50 Right. Because the system 100%, no doubt about it, is catered to the wealthy. You know, we've said this many times is that capital makes money more efficiently. Generally it's we're the wealthy in our society are thought the ultra wealthy. I thought of as you're it's incumbent upon you to be a benefactor. It's incumbent upon you to bestow your largesse upon society.

10:11 You're supposed to trickle down what you have. Yes, you're supposed to give it out to some degree. Right. But there's no there's no there's no law telling. In fact, the opposite the laws are are tailored to help them magnify their wealth. Right. Right. Because, like I said, capital makes money more efficiently in our system than than labor. Right?

10:29 So so capital of itself makes money more effective in you know, you've got but you've got all these people I bragged about the the JPMorgan's Morgan's of the world the Dale Carnegie's the you know all these magnate magnates of industry back in the day gave back and shaped our society. Right. They're still the ultra wealthy are still shaping our society.

10:52 But for the worse, ultra wealthy are taking those things from us. Yeah. So not only are the laws, you know, oriented to favor the super ultra wealthy, but but the laws are also like written in a way where there's so many ways that someone who can put up a legal defense can get away with things for so long.

11:12 But like Trump's technique of, like, stalling, you know, slow walking, everything to the point where it just goes away, right? Right. Or maybe it doesn't go away, but it's a hell of a lot less than it was ten years ago. Yeah. Or like, you know, playing the media, you know, having the media give them free publicity and using the court of public opinion effectively and using the goodwill that he's managed to somehow amass.

11:37 Right. Get his ass out of thing. Yeah. And then you have tactics like it was JPMorgan or one of the Rockefellers, one of those guys who GM early on would buy real companies and dismantle them, forcing people to rely more on automobiles. Okay. Right. So like GM way back in the day, Ford, GM, whatever, I think GM was the biggest culprit.

11:59 This would buy thousands and thousands of independent real companies that were actually signed and just yeah, literally pay people to go and pull the rails up, like lift the tracks out of the ground and just buy the company, dismantle it, because that translated into incredible sales and then the public is on the hook to build more roads. Yeah, right.

12:20 So like the public infrastructure of roadways, so they would drive public investment and public sentiment toward delivery trucks, semis. Right. Right. Which then directly translated later down the road to their profit. And so, you know, rail is way more efficient, way, way more fuel efficient, way more economical. Right. You know, means of transportation of I was wondering why I don't think all because the automobile industry tamped it down and then they were even further than that.

12:51 They'd actually go into local government and try to manipulate zoning laws for less rail access, I mean, etc., etc.. Right. So and one on one side of the coin, you can say, oh, well, the company is just doing what companies are supposed to do, capitalize, try to make money. No, no, no, no, no. Any way they can. Right.

13:09 I don't. But that mindset is like what you're talking about. That mindset is shortsighted. Yeah. Mindset is, you know, faced today. Who gives a fuck about tomorrow? It's massively shortsighted. But welcome to capitalism, right? Well, yeah, capitalism doesn't have a long memory, so there's nothing illegal whatsoever about buying up a rail line just to dismantle it. Right? Right.

13:33 So what? So the government, like I said, is still reliant upon people doing the right thing. That's what I'm trying to say, because there's so many in-between avenues to do the wrong thing that the the system, the regulations can't possibly cover all the wrong that I can't list them all out. Exactly. So the reason that society works is because of the good nature of people that are working, that are parts of these boards, that are parts of these companies, that are parts of the decision making authorities.

14:02 Right. They go out and do the right thing. But it seems like, at least in my personal experience, that what gets promoted and glorified is the more sociopathic tendencies of those leaders. Right. So so wait until a non empathetic echelon of new artificial intelligence leaders come on board what the hell they're going to do? Oh, my God. They're not only going to game humans, they're going to game the system all the way through and through.

14:25 Right. And it's just going to end up smoking pile of rubble. Yeah. With the computers at the helm. Yeah. With A.I. taking all the wealth, taking all the resources. Yeah. Like I said, silicon and gold will be the. Yeah, right. The new the new image that we pay to these overlords will be vending me at the Mecca of Apple at the throne of some incredibly awesome intelligence oracle.

14:51 Or we're offering gold and silicon really good at diplomacy knowledge base that. MetaMaus Yeah I just can't wait to see this like giant weird computer with all this strange configuration almost looks like this. The, the, the quantum computer they see, like, that kind of garbage can, you know, multi-tiered, I mean, all the Saddam stuff right now. But I can imagine this computer having like the Trump hair on top.

15:17 Okay, so this computer so this computer idea, this overarching computer that finds the answer, right? The answer, yeah. Yeah. The answer, 32 for a 40 to 42. But yeah, Douglas Adams, you know, you're writing about that at this computer that ended up designing another computer that eventually provided the answer, yeah, right, right, right, right. And but here's was all for, for parity for making it think.

15:50 Yeah, for, for comedy. I, I don't know. But it was so crazy. Every time he took his story and put it in another medium, he rewrote it. Nice, nice. And it was called the trilogy. Right. But ended up being like nine of them. Three, three trilogies. Yeah. Yeah. And it's like trilogy multiplier. Oh so fucking weird. That's, that's hilarious.

16:20 It's also like the people are talking about Star Wars. Like Harry Potter is just more than Harry Potter is just Star Wars written badly with shittier weapons, right? I mean, with less cool weapons. It's it's goes back to that classic, you know, hero's journey from Joseph Campbell. All right. It goes back to the you know, that there's whenever you take those kind of stories, you can break them up into known elements and a known arc.

16:48 Yeah. You know, it's just. That's why they're all similar. Yeah. And the Chad Djibouti thing is like, you know, able to write whole novels based on these kind of exact ideas. Yeah. So, so it just, it just goes out and pulls existing content, right? Right. And then gets the general sense of the theme and then just writes your story, you know, here you go.

17:08 And yeah, sure. Here's a new book for people to consider. And if a human being came in there and maybe more thoughts and plot points and, you know, kind of made it a little more cohesive, then you wouldn't have to do a whole hell of a lot of editing work. Yeah, right, right. You know, to make a blockbuster, I bet.

17:25 Yeah, right. Totally. Yeah. So this this idea that I want to talk about today was the eat the rich phenomenon, like this idea of the rich turning on each other right in a series of change events. So like, oh, yeah, you're going to take me down or blah, blah, blah, right? And that chain reacts through justice, you know, because it has to, you know, once it wants one domino falls kind of thing, right?

17:49 And so the amount of the amount of fraud that that must exist out there, the amount of fraud, waste and abuse in all of its derivatives. Right. Is criminally prosecutable in many cases. In many in most cases. Right. So if the if the wealthy started to legitimately turn the legal system onto itself. Right. Boy, you have a whole different turn of events because this is why, like, I believe that Trump hasn't been fully indicted yet.

18:19 Like, I think inevitably he will be right, because it's just too much of a stealing pile of dirt, you know, they want to not recognize. I really feel like what the state of New York is doing is they're trying to make sure they get it right. Yeah, well, you remember the thing that I put out, like how to really stop Trump, you know, like Billy Valentine.

18:35 The way that the way the way that you hurt rich people is turned into poor people. Right? Right. And that's completely right. But by taking away the money is that you strip them from their from their power. And to be real, you know, they are layers upon layers of protection. The guys created the, you know, the various constructs that he's built have to be torn apart piece by piece and carefully so as to maximize the punishment.

19:08 Right. But then in the meantime, you can't have somebody living out the rest of their life without ever facing any punishment. Well, so the idea is like they indicted the Trump Organization, rethought the organization. Yeah. And all kinds of counts and. But it's the organization, right. Yeah. The corpus of the organization. Yeah. So there maybe, maybe it's like the idea that's, that's the outside and we're working from the outside in.

19:32 Yeah. Yeah. But there's so many fat layers to go through that you'll never get to the core here and you know, maybe, maybe that's the deal. Maybe they know, hey, we won't get him before he dies, but we sure as hell will cause some pain for what's left of his family. Yeah. So the fact that he's a former president is offering massive protections, the fact that he's re up for Presidency 2024 is offering him massive protections.

19:54 Right? Right. His wealth itself is offering massive protections. He's got these galvanizing legal machinations that he's put into place. Yeah. Are offering massive protections that we can't even fathom or unpack on this podcast. Yeah, you're right. He has layers of Teflon Teflon Don. He's got layers of Teflon because clearly he has all dirt on everybody. And that's why he was so desperate not to leave the presidency.

20:16 That's why you're so desperate for a second term, because it was automatically going to shield him from all this nonsense. Right. And the fact that he lost made it made it way worse. And so, you know, you know, the history insurrection and all this bullshit. Well, yeah. Fallen was the last gasp of a wannabe dictator. Right? He was literally cornered because he knew all this stuff was inevitably going to come.

20:35 Good. But so we have this, like, multiple kind of issues here, right? One issue is that we don't want to turn into a banana republic where the new administration that gets in charge goes in and puts in prison all the people from the previous administration. We don't want to have that kind of system here. That's one thing we're worried about.

20:52 So there's sensitivities there. But also, if you're a fucking piece of shit, let's say you. Jeff Well, that's never happened. So let's look and do it today, right? But then you create this trend and you already see that trend happening like so the fact that the Republicans are taking over the House, they're already talking about all these committees to go after Democrats.

21:10 They are. Yeah, right. And so this could be the beginning. Indicting Trump could be the beginning of this whole retribution, directing government resources at going after. It's just basically the snake eating its own telling or detrimental way. Yeah, you know the warning. Yeah, I can only go on so far right until snake's due to injury to continue right and especially when he's it's ominous.

21:37 Yeah right. So we are in essence you're saying it could be the beginning of the downfall of ourselves just because it's driven by capitalism and revenge and. Right. So the stupidity. So if you look at the shot, it is really beautiful. So if you look at the profile of the typical senator or house or house member, right. Senator or House member.

22:07 So basically there's a majority of like elected government officials are in Congress. Right. This Congress is Congress's biggest as far as member numbers. Supreme Court isn't that large. And obviously, president, vice president, unless you take unless you take into consideration all the staff and appointments and all. But yeah, the legislature is the most visible and powerful. Yes. And if you just do a back of the napkin calculus on what happens, you know, somebody gets it gets a C as a senator, and now they have a salary of like 100 and 5060, something like that.

22:38 Right. So the average is around 147,000. Yeah. Somewhere in that range. Right. Which isn't a major by any stretch of the imagination. Right. And then you look at their net worth after their term, its earned its millions and how the fact that they're getting millions of dollars out of 150 down. Yeah. And the answer is that they have speaking engagements.

22:57 They get, you know, all this all this on the corporate dime. Just it's all it's all dark shadow money, right. That's coming in through super PACs and indirect benefits. Right. And so, you know, there there's the snake eating its tail. There's if if these people start going after this kind of corruption, you know, and say, look, you knew you can't just go and have a speaking agent for $50,000 for one hour speaking.

23:25 Right? Right. That's obviously a front for fraud. Yeah. You know. Oh, well, you didn't provide $50,000 value there, so. Right, right. And he's probably not even 50,000 is probably 250,000 or a million bucks. Right. And so, you know, like the Clintons to pick on the Democrats, they've been picking on Republicans, the job lady. The Clintons, seriously. They were making like.

23:51 Yeah, right. It was something like the average they were making a year on speaking engagements with like ten or 12 million bucks. Right. And so yeah. Right. And so these things are so hard to like you said, there's just you can't make legislation about anything. But every single person that that has a even sense would see that there's something wrong with that, right?

24:10 Yeah. And so you can imagine like all of a sudden our system changing to our legal system says there's a common sense criminality clause. Okay, if it smells criminal, it is criminal. Well, it's based on a judge judge's has to say. And then all of a sudden the judges start getting really political that that that's not all that's already happened.

24:28 Yeah so we can't rely on the judiciary, too. Okay. Isn't it hard to say judiciary or judicial without sounding drunk now anyway? Yeah, go ahead. I was I was working, I was putting the notary signature block on a document the other day. Right. Yeah. And that signature, like it's called an ad attestation. Attestation. Holy crap. But you just said it really?

24:51 Well, I was stumbling on that word. I couldn't say. I was like I felt like when I was kid trying to say specific, right? And Pacific. Yeah, specific and Pacific ruined me for years, like the one I felt the worst about as a kid because I felt like I should have been able to say it is spaghetti. I couldn't fucking say.

25:12 You guys all scary. Yeah, we're variations. I come up with, like, ten different ways to say it that we're not spaghetti. Those are really common words. I think that kids mess up. Yeah, specific and spaghetti specific to specific. So many different derivatives of fumbling that word attestation is killing me. Yeah, that's a tough one. Attestation. Yeah. And so I can just say it's the notary block where they attest.

25:37 Yeah, yeah, exactly. Because I can handle that. My brain can handle that. Yeah, I can handle the test. But attestation, it's a tough one. I had to say it like 50 times. It's how I can somewhat say it now, but it's still that fluid. Right? Right. So it doesn't flow. Yeah, but totally hits me like jurisdiction or judicial or justice and all that.

25:59 Like, yeah, yeah. They just. You sound drunk when you say it. Yeah, it's funny. There's maybe something interesting happening in the brain, you know, like that might not be by accident, because. Because our brain has such an ethical revulsion to the two tiered system and actually fumbles the word, it's like this word doesn't mean what you think it means.

26:20 Like, you don't even want to say it. Like it's cognitive dissonance in two syllables. Yeah, yeah. Just it's, it's a double entendre of, of, of brain numbness towards the term, you know, so yeah. So, so little legitimately here, like this idea of the system turning against those that benefit from the system could totally disrupt the whole applecart, right?

26:44 So like, come on, let's be honest. We know that a lot of people that get into politics can see the big dollar signs. Yeah, you know, because there's. There's no way that this is a revolving door. There's, you know. Right. You get out, you go right back in. As a lobbyist, there's a fucking career path that is clear.

27:01 And is really just climbing the ladder of cash for sure. Because then you turn around after, let's say that you get booted after two years, you still have your Rolodex of contacts, you still have all your LinkedIn contacts, right? And then you will jump right into as a business consultant at the very least. Absolutely. The law firm hires you to now be an influencer.

27:20 Yeah, yeah. Like the original equivalent of a social media influencer. But in politics. Right, right. You're going around you greasing palms, you're leveraging those contacts and even you would see even you see Charlotte had a guy that was hired to do that. His name was Open Broadway. I'm sure he's dead by now, but he was the executive in residence, right?

27:42 Yeah. And that's what he did. He took his contacts that you built since he had been his working life, extended from, like, the fifties to now. Wow. And so and he started out as like a IBM technician, right? Yeah. And so the guy knew everybody, remember, you know, Fred Brooks, the middle man month. No, I know. Okay. All right.

28:06 There's a seminal project management book called The Mythical Man Month and he's talking about whenever they developed IBM OS 360. And, you know, it puts out tenets that we go by like, hey, adding, we're adding more people to the problem. Doesn't necessarily fix it. Oh, right, right, right. Oh yeah. But it talks about those. Well, engineering problems are like standard construction projects, for example.

28:31 Exactly. And so it outlines how, you know, how to approach these things and see. Well, yeah, so if you had two dirt piles and your objective was to move them and you have tons of shovels, right? You can just put a certain number of maximum people on it. Like only so many people can access the pile at a time right on the side of the pile.

28:49 Right, right. And so there's like but in general, the more people you add, the faster you move the pile. Yes, but an engineering project isn't so. So clean cut. Yeah. Because there's communications overhead, there's layers of knowledge working design, design, choice differences. Yes. And each of these design philosophy differences. Yeah, right. Totally. Front, front where. Middle where, back where.

29:12 Back in front end table. So however you want to divide it and so well anyway that friend Brooks was at NC State, you know, whenever I was at U and CC and I was on Broadway still talking to Fred Brooks. You still talking to all these computer luminaries if you happened to meet when he was, you know, down at the bottom of the ladder?

29:33 Yeah. And they all grew up together. Yeah, yeah, yeah. And so, you know, you would see see was like, you know, your research university. It's all about contacts and who you bring in to get money and who you can align yourselves with to look good, right? So, so there's like legitimate concern over like the Burisma thing and Hunter Biden and Ukraine getting millions, if not billions, for being on a board of some foreign company, right?

29:58 Yeah. There's like obviously there's some political influence there. But do you back in the United States, I guess what I'm saying is even on the crappy levels, the same structure is present. It's like that that that it's like the corporate fractal. It is. And it's like, at what point is it illicit? You know, like and that's what I mean, where you could end up with this kind of adjudication system where the judge makes the ultimate decision saying, no, you intentionally peddled your influence like you knew that you weren't bringing any real value besides your political connection right to the table.

30:31 And once it reaches this dollar threshold, it was clear that this was fraud that would go right. And so you're peddling influence not you know, but but right now, that's not a crime. Right. And we have to we have to groom our judicial system to recognize that this undue influence that though it's not directly tied to, you know, legality, undue influence leads to that legal gray area of leads to.

31:01 Right. Which know from the gray area. The gray area enables it right. Yeah. And so this is like exactly what happened with the FDX is this gray area of what's allowed to happen within corporate walls. Yeah, right. The lack of oversight when some especially when someone successful, someone successful, they're given more even more leeway, right? Yeah. And they're under less scrutiny because oh they must know what they're doing because you know, they're doing so well.

31:24 Yep. All over again. They had this dude up in front, they had this bro, you know, crypto bro like, hey, so that is funny. I'll use that at this crypto bro up in front of Congress talking about how to tamp down fraud, waste and abuse. And that's, you know, that's that's that's hilarious. That's the problem with what we glorify in America.

31:42 Right? Yeah. We glorify the might makes right. The money makes right. Yes. Success whitewashes all your crimes. Right. So that's what I'm saying. If that system were to turn on itself, you would see this. You'd see the oh, my God, the bleeding would be so profound. We're maybe we can come out of it and do an apartheid sort of thing and say, you know what, this is wrong.

32:03 Here's why I do a post mortem. Yeah. And, you know, there's again, there's so many examples of this. You know, junior senator comes in, they have no network to their name of any kind of appreciable value. Right? Then they, they go in and they come out a couple of years later. Multimillionaire That's clearly you don't even have to, you know.

32:23 So like Bernie Sanders, for example, is millionaire now. Yeah, his comes from book sales. Right. You know, in the majority, he wrote a book and he's using his his fame and popularity populism to cash in on on a book. Yeah. Yes. And, you know, and I don't know that that seems more like not so bad. That doesn't seem then know, $200,000 speaking engagements for 2 hours at a Rotary Club, right?

32:49 Right. Yeah. Chicago. Exactly. Yeah. That no one went to. Sorry. Yeah, right. You know, you had like fucking ten people and yeah. They just went and, you know, spoke for 30 minutes and sat down, ate, you know. Yeah. And here's your $200,000 check. Yeah. Or how? Or me. Yeah, how what, what's the upper limit? Right, right. I mean, what is it?

33:09 Fraud. And that's the thing. All right. So banks, the way they've done this sort of thing right there, they try to hone in on fraud with suspicious activity reports, but they never turn the fraud detector in on themselves. Right? Well, right, right. But they try to hone in on people using their system. Yeah, yeah, yeah. Fraudulently. Right, right.

33:31 You know, we can use our system fraudulently all day long. Yeah. Because it's, it's written into law that they were allowed to do this right. Usually counterfeit, but you know. But you. Yeah, sure. We can leverage your money 100 times. It's fine. Yeah, but if you spend 100 hours making $100 bill, that's counterfeit, you're going to jail for life.

33:50 So based on this fraud with suspicious activity reports and the threshold commonly for as they are, is ten grand. But what they do, wherever you approach that, ten grand people may make suspicious a human may make a decision to still say this is suspicious. Right. You know, especially if you're trying to go. So I think we need the same sort of thing, judicially looking.

34:17 Yeah. You know, they've got all these things that are profiling all this data and popping things up in front of human beings is potentially suspicious. Yeah, suspicious activity. Why don't we have the same sort of monitors and controls over I mean, we have all the data and social data and they monitor it already. Why not? We didn't do a system that says, hey, so this is the pattern.

34:38 Yeah. So here's a here's a particular example. I think that's just so clear, right? It's like every nation in the world, not every nation, but most nations in the world carry debt with other nations, right? Well, sure. So that's the equivalent of like you and I like me loaning you a dollar. You owe me a dollar. I want you $10.

34:54 You own me $10. I won't. You have this ledger that both of us can see and like, hey, you know, you hold $600 in my debt and I hold, you know, 450 of yours. Right. And so instead of just saying those two debts cancel, we carry that debt as as wealth in our in our books. Right. Because I could call you on your debt.

35:14 Yeah, but I get your money. But but debt potential is wealth, right? So, like, if I can go into debt for $1,000,000, I have $1,000,000 of actual capital at my disposal. Right? So I can carry $1,000,000 asset on my sheets because I have the debt potential of that amount. So I basically I can turn that into cash if I needed to in theory.

35:33 Yeah. So no, if I had $1,000,000 in credit. Yeah. In credit access right now I could use that as an investment instrument. Okay. That's an asset as an asset class. Right. Okay. So debt is wealth kind of idea, right. Right. The potential for debt as well. So in the way Trump says openly, I love that. Yeah, you love it.

35:54 Loves the uneducated do. Right. And so yeah he likes all these instruments of, of allow him to easily step on, you know, the people. Yeah. But, but anyway, so, so like debt is wealth kind of idea. And so like China is in debt from trillions and U.S. is in debt for trillions. And all these major countries in the European Union is in debt for trillions of our.

36:14 Well, who the fuck does the world owe it to? Mars, right? You know, from Zeus, not from whatever the name you get today. Hilary Kleber. Kleber? Yeah. Kleber is the debt holder of like like it's all shell game. Funny monkey business. Yeah, right. And so they clear fraud waste and abuse is these fiat systems around the whole world.

36:35 Right. And so in comes China and Russia now looking to geopolitically, you know, create a new currency with teeth. So that's backed by commodity. Interestingly, wink, wink. Okay, so I don't understand all of this. It's backed by crypto, but let me tell you what they have. You know, it's by FDX. So there's a digital dollar pilot ongoing in the US right now, brought about by a series of executive orders from and Biden what a digital dollar.

37:10 Yeah it's a digital dollar pilot. This must go on for 12 weeks. I think it's about over now. And Wells Fargo and lots of other banks are involved in it. Oh, boy. Now, this digital dollar pilot seems to feed in to something that's going live in March called I think it's ISO 222. And this this international standard basically establishes annoyance, so to speak, some of these cryptos as being medians of mediums for foreign currency exchange.

37:57 I see and keeps you in theory is keeping the banks from having to share physical assets to each other to settle debts. Right. So so the crypto scam is so lucrative and make so much money the banks and the government want in on it too is what I'm hearing. Yeah, that's just fucked. But okay. When you look at it from a technical perspective, what they're trying to do, at least it seems like, is simplify the chain of custody of physical assets, simplify the layers of middleman and right built on top of the back of a foundation of fiat anyway.

38:34 Right. Bullshit, but that's another bullshit layer. So the fiat currency layer is already corrupt and and rife with, you know, just fucked up. But this idea here is to supposedly tamp down fraud, tamp down waste, tamp down abuse, because you have a distributed ledger that keeps track of transactions. You have, you know, you should be able to follow the money.

39:05 Yeah. So the Swiss system can't do it. So the Swiss system yet Swiss system can't do it. Right, right. So this new system will will do it. That's apparently what they're doing in SWIFT is for the most part, digital. So I'm saying. And Swift, what do you mean for the most part? I mean, do you think banks are sending, you know, cargo containers of cash?

39:26 I gather the law requires them to do that to some degree. Oh, come on. It's most of the shit is just numbers in a computer. Everybody knows that. Right. But the amount of the amount of money in computers and the amount of money is 100%. That is this is what's going on. But there's these Basel three regulations. Okay.

39:47 Yeah, that seems to point to a bank needing to back its currency reserves with physical gold. Okay. When is this supposed to happen? Because that's not that's not even close to being the reality, right? I mean, there is no there is no commodity backing any of it. That's all. That's the whole definition. And that's it. It's it's fiat.

40:12 It's funny money, but the value is proportional to the amount of value. People believe in a house and so it has no material value. This digital dollar stuff, it's supposed to get us out of what they call trillions dilemma. No, this guy is economists, I believe in the thirties was basically saying our fiat currency, our funny money, our monetary policy deeply affects all these countries that depend on our economy.

40:45 Right. If we and there are other countries that are even openly keyed to the dollar value. So if we print more money and saturate the market and bring things down, it hurts them to if we, you know, write taxes them to taxes and that's it. Money printing is just an invisible tax, for sure. It is so. And and how can you resist it?

41:09 How can you resist it? So, like you're a politician, right? And you your whole thing, you get into office and your majority, your time is fundraising and securing your next election cycle. Yeah, right. That's like the major part of their activity is fundraising and making sure they get elected next time. So you have your finger on the button that activates the printing press, right?

41:31 How could you possibly resist that? Because you can throw all this in the economy, right? You could throw all this money into the economy. And it looks great because you get initial stimulus from this massive influx that had to be running. Yeah, I know. If they start running like remember that we talked about that way back and we're over podcasts like we did I think it was Joan Rivers or somebody saying that like the reason that she doesn't run is there's no runners ever really having that route.

41:59 Like, if I if I looked around, all the joggers are all smiling and, like, loving their lives, but I might consider it right. But they look like they're in pain and. Well, yeah, it was. It was happiness or that was the grim Rick. Yeah. Rictus plastered upon her face. It's just, you know, it's like this just absolute pain.

42:20 And that might have been her death mask, right? She's about to drop dead. That's how she looks. Death she is. Don't mean euphoria like that. You get on your way out like a sense of impending doom. Hit a mile ago. Yeah, right. Like she tore a muscle. All this potassium is being released in her blood or heart's about to stop.

42:39 The dopamine is like flying serotonin. Yeah. Yeah. And then her death mask, grimace and mortis face, and we're moving it, like, oh, wow. She looks heavy. Yeah, I think she was listening to comedy on her podcast that had like she was listening to positive during the. Oh, yeah, yeah. She was listening to positive pedestrian walk making her way around this picturesque park.

43:05 Yeah, she was, she was, you know, listening to the green giant's dick part and laughing was a skunk story. I think that is one the funny or one of the other funny, funny, funny, funny things we said. Or now she she's making she's listening to a secondary podcast that somebody made off of clips from our podcast where they're commenting on on.

43:28 Dr. Pay Yeah Yeah. It's like it's a collection of the funny stories and these little tiny jokes and anecdotes that we said, funny things that we said, coalesce them down to 30 minutes and she's walking into that. That's what she do. I'm sure of it. Yeah, because I mean, guys, we know we're that kind of viral. Yeah. That kind of societal impact.

43:46 People are creating derivatives daily. Like that should be another one of our random titles. Viral. We've gone viral like an, you know viral has like taken on a possible positive meaning in today's society. Right. You know, but let's get down to business about what viral really originally meant. Yeah. Sometimes disease and dysfunction is baked into this. Yeah, yeah.

44:18 Maybe that's like a nice double entendre to the word itself anyway. And that's the thing. I mean, that's the whole implication of a meme is the comedic ability of it, right. Yeah. Yeah, it spreads, it's can you, you can communicate it. You can. And that's that's it. You know, we are, we want to be as communicable as syphilis.

44:40 That's that's the one I want to and we're not afraid to say that we could very well our way of thinking very well could be a disease. It could. And that's where I'm going because and maybe not so good idea to spread syphilis turns your brain into Swiss cheese. Listening to us would probably do the same. Oh, I think.

44:56 No, I think a really good, like, um. Monster. Oh, yeah. I love monster milk or so good. Like a stinky gouda or something, you know, like the milk, the ability of monster. I'm going to go with that. I agree. Oh, man. So freshly grated monster. So our podcast is like syphilis because it'll turn your brain into cheese. But in our case, a nice melting monster.

45:21 Yes, yes. Finally, you'll you'll consume this with your pinky out. Yeah. Your brain will be able to be made into the finest of girl. Jesus, think, think like us. You'll be a pretentious prick douchebag who really, at the end of the day, has never seen any measurable success in their life. But who is technology and forever chasing the tells the the exhaust of those who have been successful.

45:52 Yeah, and let's add one more moniker to it. I genuinely do care about people. There we go. Would you actually just further hobble those? Which am I actually be the source of the detriment? Yeah, yeah, yeah. You can't find success in life. Analyze how much you care about other people. Do you care too much? Okay, it's. I'm saying, are you just like this bleeding heart that just can't help themselves?

46:15 And from you can't help yourself? Every time you get a dollar, you spend it on somebody. There we go, though. I mean you've got to say, the PR success of Mother Teresa, that was pretty unequal. Yeah. I think if I measured my success about the amount of money that's flowed me to others in my lifetime, I'd be considered wildly successful.

46:34 Well, there you go. I mean, maybe that's the right metric for success. Yeah. Like how many people you've employed, how many total dollar value over the years? Yeah, I mean, millions and millions for me. So every Yeah. Currently not employing anybody but myself. That's okay. That's, that's actually subject to change grouped with the business. I told you we have an investor now, so.

46:58 Yeah man, no, no contract has been changed, but, you know, a handshake has been done for and it we'll see. I'll keep the podcast at the edge of their seat. Listening to earlier the on the cusp of wild financial rivalries of our for profit business. And as we decry the damage that capitalism brings. Yeah and of course, you know, wink, wink, I'll do everything right.

47:27 Yeah, yeah, yeah. Oh, good. I'm altruistic, you know, nerdy crypto, bro. Don't worry. You can trust me. I'm not a I'm not a fox guarding the henhouse. No. Yeah, yeah. Look, you have a girlfriend like this and B, you know, really some kind of bad, you know, you trust her like this and wear long socks and could you look like me?

47:54 Yeah. And be an agent for fraud. How is that possible? I really do feel like that helped him. I really do. Because he looks like he looks like some kind of nerdy moron who wouldn't have a social glue. Yeah, yeah. Just like, you know, the mask of the business suit, right? It's same thing, like. So that's the mask.

48:17 I love it. Yeah. The crypto bro mask is the sweat pants and T-shirt. You know, it's fucked up hair. That's why it's fucked up hair thing. I don't know, dude, Trump, Boris Yeltsin or whatever the guys name know who's the guy from it was a yeah it was Boris or something. Yeah. From the English dude. Yeah. Yeah. Johnson, that's it.

48:40 It's fucked up hair right. The crypto bro guy that's fucked up here. Yeah. Rand Paul, whatever the fuck that is. Okay. I hate that guy. Well, you know, I don't have a dog in that fight here, you know? So what's up with fucked up hair and you? Yeah, it does seem like is this a title field, so to speak?

49:00 It's like a weird thing, right? It's like, what? So you take them less seriously and don't see them come in. I think you might be right. I mean, there might be something to that, you know, like certain social cues that are signaling no real threat here. Yeah, yeah. No fucked up here might be one of the same now since so many people have been using it lately.

49:25 Maybe it'll have less of an impact. Yeah, they've used it. Yeah, it's been used too much. But this I love the I love this like suit and tie as it's like uniform for this this double edged reality, right. Is like it's the smiley Glenn glad hand with a hidden agenda thanks to tool tools they're here. Yeah, yeah, yeah.

49:49 And their enemies are right. Fuck smiley glad hands with hidden agendas, you know. And when I see like a suit and tie, that's one of the things I think of right there. I think of a smiley, glad hand with a hidden agenda, right? Like dressed just for 6 hours, quote unquote, I see it also as the classic prestigious.

50:11 Right. It looks sharp. Yeah. There's a reason why that look is. Oh, just trying to get run over. We got we almost got run over in the press of trying to not get run over. That's kind of funny. So there's also a prestige about it, which I believe is there. It's got that V-shape and the tie comes down, right?

50:35 It makes someone look more stern, more profiled, more chiseled, more fit through. Right. And, you know. All right. So it has a it has a stylistic look charm about it and then and able to engage in athleticism in any well it definitely there you go helps you helps you in the boardroom helps you anywhere. It has the cultural significance that it carries those attributes.

51:02 Right. Yep. And so it carries the cultural moniker of business and professionalism. Right. All right. There you go. And then lastly, someone had to take time to get that outfit arranged that way. Yeah. So there is there's a there's a noticeable effort put into it as well. So you combine all those factors together and you know, you get this like mixed bag of expectations and you know, signaling that that you have a uniform puts forward like uniforms put forward an idea right.

51:38 Or any type of uniform puts forward an idea. So like all of a sudden, if I dress you in battle fatigues and put you in a Kevlar helmet and combat boots, you're probably going to carry yourself a little differently than if I put you in sweat pants. T shirt could assume the cultural trappings of your mode of dress.

51:59 There you go. And so the uniform invokes the spirit of the wearer to some extent. Right, right. So like, if all a sudden they put you in a monkey suit and you're you're the mascot all of a sudden for the Cleveland bananas. Right. Or the Cleveland orangutans or whatever the fucking sports. Yeah. And it puts you in a monkey suit and you have these banana balloons that you can shoot into the crowd.

52:24 You'll probably be acting a little bit differently than you are dressed up in winter garb, having a part to do in a podcast. Right. So now when you're acting differently, your whole entire like character gets invoked by the spirit of the uniform, right? So I'm making a case for why certain uniforms are can be beneficial or detrimental, right?

52:44 So like the person in the trailer park, they keep themselves in sweat pants and t shirt all the time. Basically wearing pajamas all the time is never going to be taken as seriously as somebody who. Right. And they're probably not going to take themselves as serious. That's right. Yes, exactly. What is getting at the spirit that gets invoked within now we get to the final nail in the coffin when it comes to the suit.

53:05 Right. Is that I love telling the story because when when I saw it stuck in my mind like burned into my brain. Right. Is that in the barracks at the military, the the barracks at the military base? Right. The barracks. The barracks were majority of the young male enlisted soldiers live young, male, single. Yeah, right. It's almost always designated as one little area is like the central desk, if you will, for the for the building.

53:39 And so you'll have the soldiers will randomly take turns or on a schedule take turns posting is posing as guard duty, you know. So they keep track of who's coming in and out and keep keep watch over the barracks. Right. And so on the wall, for some reason, I don't know why they do this, but they show your entire chain of command on the wall.

54:00 So we'll start with your you know, your staff do that since basic. Yeah. So you'll have the lieutenant, but like your captain major, first sergeant, sergeant major, etc. and then it goes all the way up to the president. So it shows your basic authority, chain of command all the way up, right? And so the people that are like captains and first sergeants, stuff like that, you'll see them in like beards, like battle dress uniform, you'll see them in their military fatigues.

54:29 Right, right. But then as it goes up, you see the you see the sergeant major or higher. And it implies that these people are not active in the theater of war. They manage. Right? So like you have the low level manager who's like dressed more like like more or less you. Yup. Right. It looks nice. It'll be pressed but.

54:46 Right. Right. That in their official photo. But then as you progress up, right, it goes to like formal dress uniform, military dress uniform. You'll have that for like the sergeant major. Higher, but then it changes to business suits. Yes. Then finally, you're with the president who's just dressed in a business suit. You Know. And so what doesn't that tell you about military that has every symbolic all the symbolism that you need to understand the military industrial complex is right there in the thing is, it's transferable to not just the military industrial complex, absolutely terrible to every every system we make ends up having higher than ever in the hierarchy.

55:26 We each have trappings for sure of them. And that's why there's that old adage dress to the job you want. Right. And so this. Yeah, totally. But but this this actual symbolic like chain, like literally it's linear. You can see, you know, it's a linear fashion down the wall, right? So from left we re read left to right.

55:46 So it's positioned left or right. So like you got this guy who's like basically in the trenches with you, you know? Yeah. And then all the way up to like these untouchables that you can't touch that are that are in business suits telling you that the true nature of what this organization is about. Right, right. It's about business.

56:03 And if anybody in this world stops understanding that, that that military activities is business, if anyone doesn't have that connection in their mind, you're welcome. And never change that connection because it's 100%. The pure, real truth of the situation is that military industrial is less dangerous. Yeah, it does. It looks like it looks like awkward to traverse, right?

56:27 Yeah. So we're looking at this a really strangely designed staircase with a bunch of Christmas eclectic Christmas ornaments and decorations and things on it and chairs in the middle of it. Yeah, it just looks like drunk death. Anyway, that's it for today.