August 30th • 2h 31m
Transcript
The transcripts of No Agenda are automatically generated and therefore, not fully accurate. Discretion is advised.
Click the text to start playing from that position in the show. Click the timestamp to copy a direct link to that position to your clipboard in order to propagate the formula.
on the pod, on the pod, on the pod. Pod,
yes. It's colloquialism. It's a podcast. Adam Curry. It's Sunday,
August 30th, 2026. This is your award-winning Get My Nation
Media Assassination Episode 1899. This is No Agenda. This is
No Agenda. Coming to you from the gateway to all
drug trade throughout Europe, here in Rotterdam, the Netherlands, special
guest from the All In Podcast, Jason Calacanis. Jay Cal
will be joining me to make sense of your world
and deconstruct the media in less than one minute. Thank
you. Ladies and gentlemen, valued producers and pre-revenue startups burning
12 million a quarter. Woo! disruptor, angel investor, all Silicon
Valley's designated intent You don't get an intro like that
everywhere, do you, Jason? Oh, no. It's so great to
be here. In the morning to you. That was a
great intro. Love it. Jason, you're in the Hill Country
in Texas, I believe. How long have you been in
the Hill Country? This is year three for me. I'm
at the Eastern... ridge of the Edwards Plateau. As you
know, that's the plateau, you and I, in FEMA region
number six. That's right. FEMA region number six. You got
a noisy room there, brother. What's going on? Okay, I'm
coming in here. You got to get into that mic,
man. This isn't like some video podcast where you got
a bunch of dudes on there just yapping away. way
with Skype taking care of everything. I'm sorry. Zoom. Zoom.
Zoom. Zoom. I'm up on the mic here. Hopefully I'm
okay. Yeah, that's good. I just dated myself. Thank you
so much for taking time out of your busy week
to do this. My pleasure. People don't know, but I
have always been a huge fan of not just No
Agenda, but John C. Dvorak, in my early years, I
used to race home after school to get the PC
magazine, and I would open it up and I would
read about his column. And I always said, gosh, if
someday I could get paid... To do what this guy
does, which is just be a curmudgeon and get free
product and then just, you know, say it's terrible and
push him to do better. You know, and then... Growing
up, I grew up on MTV, and I got to
see you as just a great broadcaster. And I've always
just been a fan of your work as well, MTV,
and what you did online, what you did building websites
in your design company. So I always thought you and
John were like... big brothers to me to kind of
study and watch what you do because you, Gosh, my
whole career now is based on podcasting. People don't know
this, but you created podcasting with Dave Weiner. And then
my previous company, Weblogs Inc., my blog company, was based
on Dave Weiner creating RSS. Now, wait a minute. Don't
we know each other from the 90s in New York?
Yes, we were both in New York in the 90s.
I was doing Silicon Alley reporting. Silicon Alley, that's right.
You were like that guy who was always trying to
get scoops and stuff. Yeah, you know, I had about...
you know, at the age of 23 or 24, I
started zines. The punk rock thing to do was to
build a website or have a zine. So I had
a, like a photocopy zine, but I just timed the
wave perfectly with, you know, um, the internet and you,
you timed it as well. You bought like the first
domain names and I was just running around New York
talking about CD, roms and voyager and interactive websites i
was as you know fascinated as you but i always
wanted to be a broadcaster and you were like you
know one of the first vjs which was truly innovative
in the world and then there was howard stern it
was john c devorak and and you know i got
to just take notes i took notes You know, it's
funny you bring up MTV, which I usually don't think
about or talk about, but I just saw Sean Lennon
on Rick Beato's podcast. You ever watch Rick Beato? You
know who he is? No, I don't even know. He's
the guy who... He has a studio and, you know,
he's been recording and recording music for forever, I think.
But he started, I think YouTube, he's more of a
YouTuber than a podcaster. But he gets guys in, he
gets some famous musicians and they're talking, they're playing, talking
about recording techniques. And probably for the last... two years,
he's talked nonstop about how AI is killing the music
business, of course. And I actually pulled this clip because
it was kind of fun. What scares me is that
I used to be kind of anti-MTV in a way.
You're like, oh, MTV is just so mainstream and corporate.
But I miss it now because I feel like there's
no town square or campfire where we can all go
and kind of at least... know where culture is. -
Absolutely. - In fact, there might be no place that
culture is because there's no single culture. There's cultures and
they're all over the place. And of course, certain people
manage to break through and resonate with bigger groups for
periods of time, but it's never like Michael Jackson Thriller.
- That's right. - It ain't like that. And I
think that was really good for humanity 'cause it kinda
connected us. It made us family. Yes. We were family.
Remember back in the day? We were family. Yes. I
think actually early blogs and early podcasting was all. We
were also kind of family in a way back in
the day. Yeah. You know, there was a group of
folks who were drawn to the internet in the early
days. They were generally... you know, radical, freedom-loving, you know,
explorers. And we just wanted people to get an internet
connection and join the party, right? That was like the
ethos of it when it was only a couple million
people online. Then the web browser happened, dial-up, et cetera.
And then everybody went to blogging for a little bit,
and then everybody went to podcasting. And... I just remember
when podcasting came out, I was just like, wow, you
could actually be Howard Stern. You don't need anybody. And
literally you just telling Dave to add... That little enclosure
to the RSS feed changed the world. And, you know,
I don't mean to blow smoke or anything, but I
don't think you get your due. And I have very
few people at this level, you know, have a top,
literally top top. five podcasts in the world most weekends,
you know, all in gets into the top five on
the rankings. It's kind of crazy. I hear you're the
best podcast in the world, which is still one step
under best podcast in the universe. Well, let me tell
you, that's called a hat tip, sir. And so I,
there's a, there was a literal hat tip to you
because you were saying that, long before I did. And
I literally this week was talking to Spotify. And I
said, hey, guys, you know, listen, if you want me
to tweet the link to Spotify, you've got to go
listen to Podcasting 2.0. And I want these two things,
the donate button and the live button. I want you
to respect, you know, the standards because I wouldn't be
here if it wasn't for what Adam Curry and Dave
did. And now, you know, as part of this ecosystem,
you all need to support it. So, and then the
value for value thing, when I started this week in
startups, I tested it and it went Just even back
then, 16, 17 years ago. I think I started 16
years ago. You started 18 or 19? That's hard to
remember. I think daily source code, it just celebrated... 22
years, maybe? Okay, so you're probably at 19. I'm probably
at like 16 or 17. And I did that, but
then I wound up getting all this advertising. But I
wish I had just stuck with Value for Value. I
think it's like, it's another one of those like, innovative
things you did in your career that I take notes.
And when you get to the top of the game,
who can you look to and say, okay, who's doing
something innovative in the world? There's no agenda and what
you and John did here and continue to do here.
However you wind up. And that was my big question
for you is like, where are you at in your
journey? Because the community needs to know. But I just
there's very few people I take notes from and you're
one of those people. So I always try to give
you your due as I wouldn't have the career I
have. If it hadn't been for that moment, will you
ask Dave in that enclosure? So just a formal thank
you from me. You're more than welcome. It just kind
of happened. But what is so interesting is that all
of a sudden you're like, you're in California, you're early
investor in California, I want to say Tesla, but probably
other things, maybe even Twitter. Uber was the famous one.
Uber, right. And then from there, you just expanded it
into... You've got your... You started seed funding, and now
I think you're a proper venture capital dude. And it's
just been a very interesting career. And I love that
you... Ultimately just went, you know, I got to come
back to the... I got to go to Texas, which
is the same as me. It's like I was East
Coast guy, West Coast for just a little bit. And
like, no, Texas is the place. And that is just
an interesting choice he made there. Isn't that interesting? Because
we both...
had the same exact experience. We were in New York
in the 90s, which for anybody who doesn't know, New
York was the peak, like just peak culture in the
90s. Hip hop hit, MTV. Yeah, it was amazing. The
internet, blogging. It was amazing. And the world was just
amazing. For young people to do whatever they wanted, people
just believed in youth. It was literally like the 60s,
probably. If John was here, he could tell us all
about it. Yeah, he would say no, but okay. He'd
be like, bullcrap. see it's not like the 60s we
did a lot of acid um i'll get into my
jcd i got some clips on the impersonation anyway um
you're right and you know i got to spend a
little time in la a little time in the valley
but then i watched as like new york went complete
socialist lunacy crime insanity it's really heartbreaking for me because
i grew up up in Brooklyn to see that. And
then in California, I just watched it go from like
a place where it celebrated innovation, starting companies, entrepreneurs to
hating them. And then a couple of my friends, Elon,
Joe Lonsdale. But, you know, just a bunch of people
started going to this place, Austin. And I had been
to Austin in the 90s for this little conference called
South by Southwest. And I said, wow, this place is
incredible. Like... This feels like Brooklyn where I grew up
or it felt like San Francisco in the early 2000s
when everybody was just rooting for each other. And it
was like, we're all on the same team. Let's innovate.
And it really is like, I think the spirit of
America lives here in Texas. And I'm just, I am
loving it. I think you're right. In fact, I got
a clip from... From Los Angeles, um, What's the, who's
the mayor now? Karen Bash, who lit the place on
fire in Africa while it was burning? This is a
councilwoman who had a small moment of clarity about something
that Los Angeles wanted to implement. LACD Councilwoman Tracy Park
is saying a hard no to one potential. city project,
public sex huts. This comes after the idea was floated
by a resident during a city council meeting. The idea
was for a private place where homeless people could go
to have some privacy as a couple or by themselves.
Park introduced the man's suggestion in a video titled, Things
That Would Only Happen in L.A. But before even getting
off the ground, Park made it clear saying at the
end of the video So, quote, no, we are not
doing public sex huts. I guarantee you it's still going
to happen. It's too good of an idea for Los
Angeles. They love stupid stuff like that. You know, watching
the homeless situation in San Francisco go from, you know,
got a thousand people, 2,000, and then hit tens of
thousand, I realized this is the wrong moniker. This has
nothing to do with homelessness. It really is a tragedy.
It has to do with fentanyl and opioids, math. It's
really sad because if you, God forbid, somebody in your
family was on the street in one of these places
and they... were allowing people to freely sell fentanyl for
five bucks a hit, 10 bucks a hit. And then
they wouldn't arrest the fentanyl dealers who are all from
like South America in these crazy gangs. And you let
people live on the street. And he was, person who
had a family member, again, God forbid, would say, please
arrest them and put them in jail and just, because
they're not going to get help. And the ability to
get off that drug is like 10%, 5%, best case
scenario. And it's not compassionate to allow people to live
on the street. It's not compassionate to allow the super
drug to be sold. But it's a liberal thing because
this is exactly... exactly what happened to Austin. That's why
Tina and I had to leave. I'll never forget, I
went on Joe Rogan's show when he was still in
Los Angeles. And it was right before COVID. And so,
you know, COVID's going on. Everything's kind of weird. But
it was fine for me because I was just at
home and John and I were having a good time
trying to tell people this was nuts. And then Rogan
calls me. He says, hey, I'm thinking of moving to
Texas. I was thinking Houston or Dallas. I'm like, no,
man, you got to come to Austin. And so he
comes to Austin near the tail end of COVID. And
at this point, we're out. We're like, there's so many
homeless, or I'm sorry, camping. And Joe calls me and
says, hey, man, I'm here, but... This was all the
tense. I don't know, man. I'm moving to Fredericksburg. I
mean, listen, really how you frame an issue, and this
is one of the things I love about what you
guys do, is you really challenge people to reframe their
thinking. Shout out Scott Adams. And to really deconstruct the
media. If you call this... a homeless problem and you
use camping, well, then you're going to try to solve
that set of problems. The truth is I call them
junkies because when I grew up, what did you call
somebody who was addicted to junk? Junkies. And people get
very upset when I say that. And I'm like... Gotta
use the accurate word. If you say they're junkies, then
you know, okay, it's a 95% chance this person is
gonna be dead in the next two or three years,
and the only way to help them is to force
them into rehab or to put them in jail to
detox them. And that is sadly the only solution. You
cannot solve this by giving them a free home or
giving them money. And California tried. And Austin, I think,
is learning that hard lesson of like, you just can't
enable it. And if you, you know, You're like, why
are there no homeless people? If somebody's homeless in Japan,
they pick them up and they bring them to their
family. And that is the process. And I think you
can learn a lot from that. If you have somebody
in your family who's got this problem, picking them up,
Taking them from California back to wherever they came from.
Because if you talk, 90% of the people who are
addicted in California are from other places. They just know
they can score. Yes, the weather, you can score and
not go to jail. and they give you $800. So
famous venture capitalist Bill Gurley told me, hey, you know,
JCal, if you want to get more of something, you
should pay for it. And if you pay for it,
you'll get more of it. And that's what California did.
They were literally paying for every junkie in the country
to come there. You know, it's sad. I'm in Rotterdam,
the Netherlands right now. Finally, tomorrow, I will say, see
my granddaughter for the first time yes i was supposed
to come earlier but we had a little death in
the family um yeah and uh and the netherlands used
to be no homeless just it wasn't a thing and
now you see them everywhere it's it's and this is
and there's no need for it and that's drugs obviously
It's just, it's a sad thing. By the way, I'm
going to be, I'm a little slow today because this
was, and you travel internationally. This was not a great
travel day. We had, we left yesterday. Um, The direct
flight from Austin to Amsterdam was supposed to leave at
6, so we really weren't in the air until 7.30.
And as much as I like KLM, they really had
the older crew. Yeah. And they were slow, so dinner
really wasn't, you know, our time dinner wasn't really being
served until 9.30. And, you know, the lights are on.
You can't really close your eyes. And I stupidly started
to watch... uh, operation Hail Mary with Ryan Gosling. Have
you, have you seen that movie? I did. I did.
Yeah. Not bad. It's two and a half hours. And
you know, so, so I'm eating during it. And so
anyway, so I wind up sleeping maybe an hour and
a half, two hours, We land now, and then we
got to get from Amsterdam to Rotterdam. I forgot with...
traffic and it's just you know it took a nut
so we're here arduous at 1 30 in the afternoon
and then oh we're sorry the room won't be ready
until three so it's just oh man it's just been
one one mishap after another but anyway um but we'll
get through it we'll get through it hey man i
got a Got a question for you, because the audience
wants to know, like, how are you doing with, you
know, John passing, obviously, and figuring out the next chapter,
like, and, you know, obviously, you're trying different things here.
I was super flattered that you asked me to fill
in one day. But what's your thinking here? Like, you're
gonna keep going? You're gonna do it once a week?
I mean, You always joked about the exit strategy. Where's
your head at right now? Because I can't imagine having
a 20-year collaborator, and then it goes, and then you
got this huge community that's, hey, they want you to
keep going, but can it be the same? Yeah. I
don't know. I've been thinking about you, and I DMed
you a bunch. I've just been thinking about you. You've
actually been very encouraged. We have DMed from time to
time, and you've always been very encouraging. I've always appreciated
that, especially because John and I would make such fun
of you on the show all the time. Fair game,
fair game. So what people don't – well, they realize
it, but they don't, is that for me, okay, my
– it was a performance. John and I did a
show together, and it was a – You're breathing real.
Hold on a second. What are you doing? No. You
know what? My air purifier went on. Oh, is that
what? It's the HEPA filter. Turn that thing off. So
with John passing, it was not just, you know, my
business partner, my performance partner. I mean, he died. Yes.
But the show died. What the show was died and
can never, ever come back. And that I'm not sure,
to be honest. I mean, I've been doing other things.
I have a company called Godcaster and we've been doing
it.
doing stuff with that. I really love, we get to
do this that I do with, uh, with pastor Jimmy,
um, which is, you know, it's, it's a version of,
uh, of no agenda. I'm, I am passionate about that.
I've enjoyed these past, you know, few shows with people,
you know, People who I want to just, who I
like working, I've always wanted to work with. Like, hey,
I wonder what it'd be like to do a show
with Rob Du. What it'd be like to do a
show with Jason Calacanis. What it'd be like to do
a show with Matt Long. I mean, I'm thinking of
Tom Luongo. I don't know if you know who he
is from the... Gold Goats and Guns podcast. Yeah. So
I want to do that, but I don't know. I
really don't know. It's to be seen. I'm definitely struggling.
This is part of the process to figure out what
to do. I mean, I... I feel that I probably
have some other things to do. So I'm just not
sure yet, Jason. I'm really not. Well, it's a process.
And clearly the community is supportive of what you're doing.
You know, I was thinking about it, and I do
listen to the other one. We get to do this.
I think it's great. I don't talk about the fact
that I'm a Christian and I grew up Catholic. I
didn't even know that. I mean, all of a sudden
you're like, hey, brother. Well, I'm cloaked with you. Yeah,
you're cloaked. decloaked right in front of me. I'm like,
look at him. Well, you know, it's like, um, you
know, you talk about it publicly. People are like, okay,
that's weird. Like, uh, you, you, base uh some of
your opinions on what you learned you know about christ
and his lessons etc and i'm like yeah i'm pretty
special guy even if you don't think he's the son
of god you know get some lessons so anyway i
think that pod is fantastic and i can feel the
positivity and the energy from it but there's something very
weird about podcasting and you know i'm probably one of
the few people who can relate to this strange phenomenon
which you have, which is people recognize you at an
airport or, you know, and they just are, it's asymmetric
intimacy. They really know you. They really love you. They
really feel like they're your friend. It's so charming. Parasocial.
But you don't, It's parasocial is the fancy word for
it. And I call it like asymmetrical intimacy. And they
just think, wow, J. Cal, I'm your buddy. Because you're
in people's ears. These AirPods and the regular cadence every
Thursday, every Sunday, no agenda, coming at you in the
morning. And you guys were so good at it together
that it forms that habit. And then it's really jarring
to have it Change or go away. And that woman
who was crying in Australia, just like some news lady,
newscaster. She's a dame. She's been a dame for many,
many years. Dame Sarah. Dame Sarah. Yeah, she was doing
Good Morning Australia or Good Morning Australia. Sydney or something
for many years. Oh, yeah. But you're exactly right. And
every day I still get notes. You know, like I
had no idea. I never cried for anyone I didn't
know before. And people were destroyed. Yeah. Anyway, I don't
really get like flying here. It's very odd because the
flight attendants would go like, Aren't you Christina's dad? Fantastic.
You're a granddad now. Hey, let's, let's, I'm so glad
you did this. None of the other guest co-hosts have,
have tried this out, but you threw, you threw an
absolute three by three at me. Three by three. It's
Never Met by JCD. Comparing stories from ABC, CBS, and
NBC. Get a number of endings, three by three. All
right, three by three. All right, three by three. We
haven't had a three by three since the passing of
the great JCD, but Jason, you brought it, so what
are we doing here? All right, well... I, like John,
I'm addicted to the Sunday morning shows, and... Obviously, the
midterms are coming up. You talked about the last two
episodes, midterms, midterms, midterms. And here we are again. Midterms.
Oil. Midterms. Yes. What is actually happening during all this
midterms, midterms, midterms? Now we got something really interesting. Venezuela,
oil, Strait of Hormuz, China, and Russia, all of this
is becoming, it's all starting to come together like a
plot from Homeland or something, because here is the week.
On Canada, this is the week, first part of our
3x3, and it... Canadian politician just talking about Venezuela oil,
which we just did a big deal for. President Trump
announced on Friday that he had made a deal with
Venezuela to take control of 65 billion barrels of its
oil. How concerned are you about that? Because right now,
Canada makes up 60% of the United States crude oil
imports. Does this... give him a bigger bargaining chip? Well,
you know something, that's going to be up to President
Trump. Who do you want to deal with, an unstable
government like Venezuela? Or do you want to deal with
your number one trading partner, your number one ally that
has stood shoulder to shoulder through almost every single war
that both countries have been in? We're allies. We're best
friends. Our trading is so integrated. We need to get
a deal that's beneficial for both countries. And you'll see
both countries thrive and prosper and grow. Now we go
on. We will keep our eye on all of that.
We thank you for your time this morning, Premier Ford.
That was Ford. Of course it was. Yes. Brother of
the other Ford. Yes. Yeah. Speaking of junkies. Um, So
erotic. Here's Ted Cruz on MTP. Meet the press. You
take me to my next question. Let's turn to Venezuela,
this deal that President Trump announced on Friday to take
control of more than 65 billion barrels of oil there.
Senator Cruz, you have been calling for free and fair
elections in Venezuela, which the administration has been promising since
it's been a long time. arrested Nicolas Maduro. Do you
believe elections should be held in Venezuela before any oil
deal is finalized? Well, let me start by saying that...
The oil deal, as announced, sounds like it could have
a very positive impact on the United States, on the
United States economy, on American jobs, and a very positive
impact on gas prices over the long term. 65 billion
barrels of oil is an enormous amount of oil. And
so I commend President Trump for an agreement that on
its face appears to be a very big have a
really positive economic benefit for America? The question you ask,
the answer is absolutely yes. There need to be democratic
free elections in Venezuela. Delcy Rodriguez, was Nicolas Maduro's vice
president. Maduro was illegitimate. He was a Marxist. He had
seized power contrary to the will of the voters. And
from the beginning, I have been urging, and I believe
the administration is working towards this, that there should be
free and fair elections. Before an oil deal is finalized.
Who the leader should be. I think that's good. Let's
have Cruz. You know, if we learned anything from JCD,
it was that this is bull crap. The Venezuelan crude
is like tar. You know, it's not like, oh, you
can just take this to America and boom, you put
it in your car. Yeah. It's dirty. Well, it's thick.
Yeah, it's got to be processed. Yeah, and it's like,
no, this isn't an obvious ploy for the midterms. Obvious
ploy to try and—I don't think anyone's falling for it,
but to reduce the overall price per barrel of oil.
And it was our oil to start with. Our company
set all of that up. So it's like, no, it
sounds like a really big deal. But I also know
from the oil baron that it's going to take $100
billion of investment to really start moving all that stuff.
It's not like, you know, it's just done. And then,
yeah, Fox News commented on it as well, but I
think it's pretty, to JCD's point, it's just another rehash
of the same deal. And then at the same time,
I don't know if you saw the breaking news, and
there's no audio clip for this, unfortunately. There's talk that
they're dredging Yeah, a canal. A new canal. Yeah. In
the Strait of Hormuz that we will own with Oman.
So now you start putting all this together. I don't
know how you feel about it. The war was obviously
a mistake in my mind. I think we had... with
the strategic bombing and cutting things off and not letting
them make progress. And now he's got to reverse that
with 60 days or 45 days. So this is all
about the midterms. I completely disagree. Okay, here we go.
Because both Venezuela, remember it was Venezuela first. And Iran,
you know, the oil, the cash flows from the oil,
people don't understand. This money was going somewhere. And after
you've bought all your homes in London and in Switzerland,
you know, where was it going? Well, Venezuela, drugs, Iran.
terrorism financing all kinds of nonsense all over the world
and you know my my opinion is that the the
Bank of London Bank of England had you know or
really the London Financial Center had been
just managing this oil there for 80 years, really, going
back to the British petroleum days. And they've always controlled
the flow of the oil, the price of the oil,
and it was time to stop that nonsense. I was
actually okay with it, and I love hearing... You know,
our gay general patent, Scott Besson, saying, well, you know,
the Strait of Hormuz, she'll be windsurfing there because all
the pipelines have, you know, they're already in place, but
they were in place, but they're all now being expedited
to transport a lot more. And it's just not going
to matter. And it won't be ours, per se. But
it will be our quote-unquote new friends, Saudi Arabia, UAE,
UAE now no longer in OPEC. So I think that's,
I mean, to me... I'm pretty sure he didn't mean
for it to last for six months. That was very
short-sighted. But I don't think he cares, Jason. I don't
think he cares about the midterms. I don't think he
gives a crap about it. He wants steel production in
America, and he wants... oil to not be controlled really
by anybody as long as we have enough of it
for ourselves. That's what I think his plan was. Yeah.
And so he was told by a lot of the
cabinet, hey, don't do this. Let's just keep doing the
strategic bombing thing. But he went for it. It was
a gamble. And I think you're correct. He thought, hey,
Venezuela took three days. What's the max? This could take
30. I can get this done. We have the greatest
military of all time, but he hasn't gotten it done.
And I think that's going to be the challenge because
I think, you know, you're going to lose. I think
the Republicans are going to lose this, you know, house
or maybe the Senate. It's, you know, kind of a
jump ball with the Senate. Maybe they deserve to lose.
Maybe. You think starting a war after you told everybody
you wouldn't. That's the problem. The problem is now the
entire, all the people who are as big as supporters,
I'm just watching them all go, you know what? I
didn't want this. I didn't want a war. You told
me no war. And now you can't control inflation because
if you start a war… inflation is going to go
up. It's going to be permanent. It's going to be
persistent. And that's, I think, the big challenge is the
two promises he made. I'm going to not do any
wars and I'm going to control inflation. Both of those,
he can't solve them now. I think there are... unsolvable
in the rest of his presidency. We'll see. 26 months,
27 months left. Again, I don't think he cares. I
really don't. The ultimate goal was he's not getting reelected.
He wants to fix something very structural. That's my opinion.
And now you have this Operation Economic Outcast which means
for the first time a Treasury secretary is going to
turn off the money tap for countries that are essentially
taking, you know, laundering Iranian oil money to wherever it
has to go. I actually got a clip here from,
what is this? This is Kyle Bass. I think he
might have been on CNBC. He was talking about China.
So how does China react to this? Yeah, I mean,
your supposition is correct. China buys almost all of Iran's
oil, 90 percent plus. It's about 15 percent of what
China imports daily for its energy needs. And so, look,
the way that this works is the Iranians sell oil
to China at RMB. And then cash houses in the
UAE have been the ones changing the RMB for dollars.
for the Chinese. So if you saw last week, the
UAE came out and said they're going to cut Iran
off. I know it took the UAE a while and
many attacks to realize that they should cut Iran off.
But I think you're going to see Treasury Secretary Besant
and his sanctions team headed up by Gene Lang. You're
going to see them make a they're going to make
an example of a bad bank this Friday. So I
think you're going to see Iran only has about 30
million barrels of oil left on the water. These enhanced
sanctions will absolutely strangle Iran. The people that say that
they need Iran's cooperation or we're not going to go
after China, they don't know what they're talking about. I
think you're going to to see some real, let's say,
constriction of our sanctions on Iran and then on China.
Yeah. RMB. Somebody asked in the troll room, what's RMB?
That's the Chinese dollar. They set it typically at eight
per US dollar and they control it. And if you
have RMB, you cannot get it out of the country.
Chinese citizens are allowed to take 50K out. But sometimes
they get a thumb drive and they put Bitcoin on
it or Zcash and they get it out. You know,
this is the thing I'm concerned about is the contagion
of this war and how long it's going to take.
And now China and Russia are looking at this going,
hmm, what? They can't fight two wars, certainly can't fight
on three fronts. And to your point, what is Trump's
motivation here? He keeps saying the war's over, he solved
it, etc. Said he would solve Ukraine, and I think
people just don't believe him anymore. And so I don't
think he's going to get it done. I don't think
he's going to get it done. Ukraine is... He's completely
given up on that. And I think selfishly, he's like,
well, you know, everyone's moved up to 5% now. We'll
just sell all the missiles. And, you know, we're making
out like bandits. There's no... You can't talk to these
people in Europe. They're insane. The, you know, the UK...
Germany, the Netherlands, France, they're nuts. They are in a
war mindset. That's all they care about. From what I
can see, they're just going to keep going until everyone
in Ukraine is dead. There's already no men. They're just,
you know... They're rousting them on the street if you're
walking around. I read today the average lifespan of a
new recruit on the front lines is like 30 minutes,
and they're dead. they're emptying out the entire country. And
the Europeans, the people in Europe, they're like, I don't
even know there's a war. No one's walking around worried
about it. And on the other side, Putin was supposed
to go right to Kiev I think I'm supposed to
pronounce it. Kiev, not Kiev? Kiev, no, you got to
say Kiev. Come on, yeah. I mean, I don't know.
Kiev, Kiev, Kiev. On this show. We say Kiev? Chicken
Kiev. I mean, I don't know. Chicken Kiev. Chicken Kiev.
Kiev, that's with the cheese and the sauce. Anyway, they...
We're supposed to roll in there in three days. What
happened? His tanks are all rusted, and then he's got
to go recruit people from North Korea to be on
the front lines. Ah, you watch too much M5M, Jason.
You're watching way too much. You think I'm getting bad
information? This is—the other thing that, you know, obviously plays
into this is China wants— Taiwan, they want those fabs,
and this is just going to embolden them to start
making their move. They're going to take them. But they're
not going to stop producing. This is the thing. We
are China's number one customer. They're not going to go
to war with us. Who's going to buy their junk?
It's only us right now. So, you know, we're trying
to onshore chip fabrication. You know, that takes a long
time. So we'll never catch up to, was it? TSMC.
Yeah, TSMC. We'll never catch up to that. But what,
China's not going to sell the chips to us if
they take over Taiwan? Really? What's going to happen? I
mean, I have some inside information on this from, you
know, boots on the ground kind of thing. And the
plan is to, when they make their move, to get
all the scientists out there who manage those fabs. And
those fabs are built by a company in one of
the Nordics, those really refined fabs. And then they're going
to either burn the fabs. or move them out on
carriers. And think about that. They are going to burn
the bridges. That's the inside line, is that they will
never let China have those fabs. But Elon's building a
TerraFab. TerraFab, TerraFab. That's the real deal, by the way.
It's the real deal. How about the data centers in
space? Real deal? Real deal? Uh, yes, but three years
out. So here's the thing. Um, if you can put
those, um, putting the star links up, um, the difference
between a star link and these new ones. They're a
little bigger, but they'll be able to communicate between each
other. And they're going to be bigger, but the new
Starship is bigger. So proportionally, they should be able to
manage it. But it's like Elon is right. The joke
we have is Elon's always right. He's just always late
too. He's like, whatever he says, if he says two
years, it's four. If he says it's three years, it's
six, right? Just, he's very ambitious. And that's a technique
he uses with his team. But the thing you'll see
before data centers in space is data centers in space.
suit in big box retail locations and data centers, um,
in planned communities. So imagine you got one of these
planned communities in the hill country and you tell everybody,
Hey, I'm going to put a battery pack there. You
get the battery pack for free. Um, and then you,
you have battery backup for when we lose power here,
which happens every January for two weeks, apparently. Um, then
they say the price, the only price you got to
pay is we're going to put some H100, some H200,
some Vera Wang, whatever chips in that battery and then
connect them Buy five or whatever. And you distribute it
like that. And then take big box stores, your Walmarts,
your targets. I think that's fantastic. They have tons of
energy. I think it's fantastic because when all this stuff
crumbles, we'll all be mining Bitcoin at home. It's going
to be great.
I have a question for you. Okay, here we go.
The president had his crypto summit, which in essence was
meant to tell everybody, hey, we need the Clarity Act
so we can finally... get those stable coins out there
so we can tokenize the United States debt. But there
was something in here, and I had not heard this
before, and they heard it again just two days ago.
It's at the end of—hold on, let me actually speed
this up a little bit here. I'll pick it up
here. Kind of. And I never want to underestimate China,
but right now we're way ahead. President Xi is coming
on September 24th. We look forward to it. We'll probably
be talking about AI and a lot of other things,
but we're doing tremendously well, largely because of people and
some other friends of ours that are on the board.
And they'll be here in two weeks. Now listen to
this. In May, Chairman Selleck authorized the first ever true
Bitcoin perpetual futures contract on a CFTC registered exchange. First
time. I understand that Mike is also working to bring.
Hyper liquid into the United States in a fully compliant
and legal fashion. So I heard, I'm like hyper liquid,
what is this? And I heard it again just a
couple days ago. And so I take a look at
it. And I had to learn what perps were. Are
you familiar with perps? I don't know perps. I mean,
I know all about stablecoins and Tether and USDC. I
know that space. So perps is perpetuity. So there's these
exchanges. Hyperliquid is, I think, run out of Singapore. by
some Harvard kid. And you can trade... It's a bit
like... What's the... The gambling market sites. Oh, like you're
talking about Calci and Polymarket. It's a bit like prediction
markets, only you're trading futures that never expire. But there's
$15 billion a day being traded on this hyperliquid in
oil futures. No one gets delivery of the oil either
today. Win or you lose, basically. It's like sports gambling.
You're gambling on the price of oil in the future.
Yeah, but because it's a 24-7 exchange, it's setting the
price. That's why Trump wants it in the US, regulated,
which I doubt will ever happen, because they're setting the
price. And then when the markets open Monday morning, people
are like, well, this is the price. Yeah, this is
a this is a very different world we're going into.
I don't think people realize that these perps, as they're
called, this is a big deal that is just not
well understood or being discussed. Yeah. And the stable coins
are the other kind of big part of the story.
You know, they have always been offshore and they would
keep like Tether. If you look into that company offshore,
Very strange holdings in it. They're supposed to hold dollar
for dollar. And what Trump did, that was very smart.
You know, and I always try to give him credit
for when he does something correctly. The stable coins, getting...
those to be back dollar for dollar with our treasuries.
I think it's genius. It's pure genius because now he
can say, hey, listen, Tether, if you want to work
in America, instead of buying Chinese paper, they were buying
Chinese real estate paper, according to all these reports. They
couldn't do an audit because... They would fail. They would
fail, basically. And... Then they said, okay, well, Circle, run
by Jeremy Allaire, who you probably have known through like
three or four internet companies. Yeah, what was his previous
company? I'm trying to remember the other two. There was
one that was the video serving company, and the one
before that was Coalfusion, the web publisher. Yeah, yeah. We're
going real old school here. Coalfusion, that was right after
Moana. front page got bought by Microsoft. Yes. Cold fusion.
Wow. This is back when Adam was a billionaire for
making websites for corporations. Yeah. On paper. That didn't happen.
On paper. Yeah. Can you imagine like people at that
time were like, we'll give you $4 million to build
our website. And now you can just talk to like
any. No, it was, but with $75,000. $20,000 a month
in maintenance. Yes, the maintenance. Yes, we're going to keep
your server up and running. The HTML is going to
be so crisp. And we'll give you a server log,
and we'll calculate the hits, and we'll tell you you're
doing great. Absolutely. Yeah. You're doing, yes. Big pat on
the back. It's going to change everything. And it did
change everything, but now you can get Squarespace, or you
can do it with Wix. Unclock code. Wix, yeah. Wix
for $6 a month. Same website. Better website, arguably. And
so this stablecoin is now making people buy treasuries dollar
for dollar. And that is just such a masterstroke. And
that's all part of this. And that's what this long-term
paper buying is all about because Besant takes the 30
years off the market, and then he's putting these T-bills
up, which for Wall Street are cash, 90 days. And
who's going to buy that is going to be those
guys. It's going to be Tether and Circle. Yeah, and
so it's just another way to kick the can down
the road with our... Oh, yeah. It's for our great-grandkids.
With our debt. Oh, no, no. It's not going to
work long-term, but for now, it's a pretty good idea.
What other choice do we... Well, of course, there's the
tariffs, and this is... The president has such a hard-on
for the... He loves tariffs. And it's interesting because, you
know... He had those initial tariffs under some emergency declaration
thing, but he's pulling out tariffs that have been on
the books since 1929, 1940, 1890s, all perfectly legal. And
with good reason. He truly believes, and this is Besson
too, that with tariffs, we can grow our way out
of our debt. And we won't even pay income tax
anymore. So it's a great idea. And this is... Poorly
executed. That's the problem. Well, and this is what the
deal with Canada, because I was trying to figure out,
what is the problem? You know, I actually have, what's
her name? The woman who... who is now the advisor
to Ukraine. But I caught this clip from, I don't
know where it was from, but this explains why... You
know, the final straw that broke the camel's back with
the Canada trade deal. And now we're going to really
squeeze the IRGC here and cut the blood flow off
to the tumor. Well, as we've seen in sub-Sahara Africa,
all it takes is some warlords with a little money
just to keep the chaos going. In the meantime, you
have President Trump. suggesting that reportedly he may do another
round of tariffs on China up to 7.5% all ahead
of Xi Jinping's meeting. How crucial is this meeting? And
especially given the fact that we just saw trade talks
with Canada, high level, didn't go anywhere. In fact, it
made things worse, not better. Yeah, look, on Canada, Canada
just wants to keep its right to transship Chinese goods
into America. They make a lot of money on those
transshipments. So Canada's got to get its act together. There
it is. Canada was just passing, you know, like, oh,
we'll take the stuff and you won't have to pay
any tariffs because we got low tariffs with America. And
we'll just sell that stuff in through us. That's what
was going on. Yeah, he had the right idea, but
the chaotic execution of the tariffs then led to them
being, you know, some portion of them being overturned. It's
kind of like the immigration stuff. Not to pivot the
discussion, but, you know, closing the border, everybody wanted that.
Chasing people down in the streets, you know, with masked
men with no badges. People didn't want that. You have
to execute these things correctly. And that's always the challenge
with Trump is like the chaotic execution or having people
who are just not qualified or just not good at
executing, right? You hire somebody for the loyalty and they're
not good at executing. They close the border perfectly, but
you got to do the other pieces. He's working on
the marketing. He's working on making it not just about
brown people. Music. And good evening. We begin with that
breaking news late today. The Department of Homeland Security arresting
right-wing commentator Milo Yiannopoulos. This was so awesome. So great.
This is so loud. The 41-year-old and early supporter of
President Trump's 2016 campaign is now in ICE custody. DHS
releasing this photo of him and that quote calling him
an illegal accuser. alien who chose to overstay his welcome.
Yiannopoulos, who has backed President Trump's broader immigration crackdown, also
recently broke with the president, posting on X that Trump
had, quote, lost his way. Chief Whitehouse correspondent. Anyway, I
just thought that was funny. That was on my dogged
as well. I knew Milo Yiannopoulos, because we're both Greek,
Alicanos Yiannopoulos, when he was a legit... journalist in the
UK and he got into the blogging thing. He saw
what I was doing at Weblogs Inc. He saw what
Nick Denton was doing. Yeah, didn't he have a tech
blog or something? Yeah, and he started his own little
blog network, hired a couple of our bloggers then didn't
pay them, according to them, I don't know, who knows,
this was 20 years ago. But then he comes and
he does this whole Trump thing. He calls the Trump
win early. He got on that train early. But then
he's been, for the last couple of years, just talking
about that he wants to masturbate to people being deported.
And then they literally pick him up at the airport.
But I've got to be honest. I have a nuanced...
view of immigration. Number one, you got to close the
border. Okay. I think we all agree on that.
Not nuance there, 90% agreement. I think you've got to
have like a path for amnesty for people who've been
here for 20 years, because frankly, we waive them in
to get cheap labor, and it's like not their fault
that we use them for 20 years. But then there's
this other piece, which is... Just people cheating. And Milo
is basically cheating. And if he's cheating and he's here
and it's an expired visa, whatever it is— And they
pick you up at the airport. Well, number one, you
went to the airport with an expired visa. You're supposed
to get picked up and kicked out. If you go
to Japan, if you go to Saudi, if you go
to Dubai, you go to any of these places, London,
I think today, not previously, and you have an expired
visa, there's no discussion. You get back on the plane,
they send you home. That's how it's supposed to work.
And you... You have to do this properly. Again, execution
matters so that you can actually recruit the top talent
around the world to come become Americans. If you can
get the top talent here, every time we recruit somebody
on the level of you know, a CEO, an incredible
talent, the other country loses them. And then those people
pay massive taxes. They create tons of jobs. But the
H-1B visa and Milo overstaying his welcome, that's the abuse
of the system that I saw firsthand. And it's so...
abusive that then it makes every American think, okay, we
just got to be like, shut off every type of
immigration. And you actually want to keep... the scientists who
come here to get their PhDs, not send them home.
You want to keep them here, have them start families
here, and force them to assimilate and become part of
the melting pot. That's the best strategy. But Trump can't
do that because everybody thinks it's chaotic. I was actually
glad to see Milo get picked up because he's breaking
the rules. And there's other people who are not breaking
the rules. And that's profoundly unfair. So when are you
going into politics, J. Cal? Because that's the only thing
you haven't done yet, brother. So I think this was
Joe Kernan on CNBC. I hope this is the clip
because he was... He's hilarious. Oh, I love that guy.
He's a torturer. So he has Chrystia Freeland on who...
She was the finance minister. She was... Wasn't she the
lady that was... arresting the truckers, taking their Bitcoin away
and closing their bank accounts. So she's now an unpaid
consultant to Ukraine. Canada's retaliatory tariffs on the U.S. are
set to take effect on September 8th. Joining us now,
Chrystia Freeland, our old friend, Canada's former Deputy Prime Minister
and Minister of Finance. She's currently the CEO of the
Rhodes Trust. And this October, she's out with a new
book, Unreliable Boyfriend, an insider's view of dealing with a
chaotic superpower, plutocrats and other complicated of the Canadian economy
too, and China and everything else. But do you know...
What happened when the talks broke down? Because President Trump
seemed to sort of admit that he made some last-minute
demands that kind of scuttled the deal. Do you know
what actually went on? I think great to be with
you, Joe. And I think that Prime Minister Carney has
been really clear about what happened. You know, as he
put it, the U.S. asked too much and gave too
little. And he said that at the last minute. extreme
demands emerged touching on Canadian sovereignty, touching on cultural protection,
which is, important in general and particularly important for quebec
and for francophone canadians so and you know the thing
that's the part i didn't really understand you know i
heard this mention what what did he say like y'all
got to speak english or what was the problem with
this with the french it's a stand-up comic he's like
he's he's up there with chappelle he knows how to
break balls, like better than anybody. And he's like, yeah,
you know, we'll just take, you know, one of your
provinces, we'll make it part of the United States. I
think the expansionism of the United States is actually, again,
back to like execution and ideas, like it's actually one
of his... Great ideas. If Venezuela became part of the
United States, sounds crazy. Puerto Rico, Cuba, Greenland, whatever they
are, if people want to join the US, if we,
in fact, do have the best system, why shouldn't we
be inviting people to join in and get a 51st,
52nd state in here? Obviously, it's super polarizing and complicated.
But I like when he's in that mode. But I
don't know what his goal is with Kennedy here. If
he's just, you know, trolling them and he's doing it
for the lulls, it feels like he's just breaking their
chops and it's entertaining for him. Well, so Kernan had
some more stuff to say here, which I thought was
interesting. Touching on cultural protection, which is... important in general
and particularly important for Quebec and for Francophone Canadians. So
and, you know, the thing I really want to say,
Joe, is there are so many problems in the world
China is a real problem. I'm just back from Ukraine
late last night. Russia is a huge problem. Iran is
a huge problem. At a time when dictatorships are on
the march, it is absolutely nuts that, for the United
States to be picking a fight with a country that
has always been its really good friend. And we currently
have a trade deal that Canada negotiated. I was the
lead negotiator with Donald Trump himself. I think this is
the last thing America needs. It's the last thing the
world needs. And I think it's a real shame. Now,
listen to this, because what Kernan's about to say here,
it's really the last thing Canada needs. GDP growth in
Canada over the last 10 years, you're dead last, basically,
with OECD countries. You're at 0.5%. The United States was
20.7%. I think we can look at this. I mean,
dead last. And it's not just the last 10 years.
The OECD is not going to get any better. It's
going to get much worse. Between 2020 and 2030, you're
dead last projected to be out of the OECD's 38
members tied with Italy at 46% below the OECD average.
And then the next 30 years after that, dead last
again. What went wrong? I mean, you know the inner
workings of Canada. Is it regulation? Is it permitting? Is
it high taxes? The Canadian people deserve to have a
better standard of living. It shouldn't be going down over
a 10-year period. So, I just before answering that question,
which I want to do, I just want to pick
up on something you said about China. Yeah. OK. So
she's just going to distract from the question. But then
there's, you know, these tariffs. You know, the president is
all he's like he loves McKinley. President McKinley, he was
the man. He understood tariffs. Yeah. He got, I think
he got shot, assassinated. But he's McKinley, McKinley, McKinley. And
then I find this little ditty of a clip, which
when I hear this, like, holy crap. Trump is just
replaying an old playbook. There's been this kind of slow,
steady deterioration of relations between Canada and the United States.
And what a week has gone by in bilateral relations.
This guy's a loser. He's going to be a loser.
Changing the name of Lake Ontario, effective immediately to Lake...
I don't feel that he is the right person for
the job. This is a man on the street. This
is from, I think, global news. So typical, you know,
very easy to pull these clips and only, you know,
slant it one way. But then they come in with
a bit of history about McKinney. It's disappointing, actually, you
know, because it didn't used to be that way. And
it's changed. Well, we've had tough times with the United
States before. Obviously, they have invaded us twice, but we're
talking, you know, over 200 years in the past. So
we're not at that. But as with so much in
life and politics, history can tend to repeat itself. Probably
the best example would be in 1890 when the McKinley
tariffs came in. So these were as high as 50
percent. So very similar. to what we're seeing now because
they wanted to annex Canada and make it the 45th
state. Where have I heard that before? He's running the
McKinley playbook. Those tariffs sent prices sky high in the
States while Canada sought other trading partners. Then U.S. tariffs
happened again in 1930 and they worsened the effects of
the Great Depression for both sides. Yeah, this is a
big deal. The timing is very critical when you want
to do these tariffs. And, you know, it might be
that the timing is the worst possible case. And this
is where we get into your wheelhouse because I... I
really enjoy the all-in pod, I think. And I can't
believe I called it that because I hate the word
pod, and I think it should be banned. And you
guys say it all the time on the pod, on
the pod, on the pod. Pod, yes. It's colloquialism. It's
a podcast. But... You're really on, first of all, you're
big fans of artificial intelligence, but I think you're calling
it correctly with what Anthropic and OpenAI are trying to
do by basically psyoping dumb government people. Yes, and regulatory
capture. Yeah, so that we can't run our open source
models anymore because, ooh, it might be dangerous and it
might get loose and it might attack somebody. Yeah, about
two years ago on the pod, I said, I think
there's a chance. On the pod! On the pod! On
the pod! Coming at you, everybody. Adam Curry on the
board. On the pod! On the pod! On the pod!
Oh, God. You don't make me break into my Adam
Curry person. That's okay. You go for it. I get
stuck in it. If I get stuck in it, I
can't get out. I'm just letting you know. Fair warning.
That's okay, Jason. I can do you too. It's no
problem. You can give me the lish. Yeah.
power of Kirsten in the morning. All right, coming at
you. It's Adam Curry. He was on the plane to
Moscow. Yeah, he's coming at you. There was so much
cocaine from the pilot all the way to the back.
Never, never, never, never on the way. Never doing the
cocaine in the MTV VJ days. Coming at you. But...
Yeah, see, that's a problem with Calacanis. Yeah, see? He
thinks he's got a good impersonation of us. Nah. That
was my Edward G. Robinson of JZRIP. But here's the
thing. The... I said like two years ago, I think
open source could run away with this because I had
gotten some of these early open source models and I
ran them locally. It's not that hard to do. And
it's gotten easier and easier and easier. And once you
start experiencing it local on your machine, you start getting
128 gigs, 256 gigs on a Mac Studio. whatever it
is you realize I can become unmetered unmetered it's the
same experience you and I had when you got an
ISD end line or a T1 you went from paying
no more dial up no $3 an hour no $5
an hour where you're watching the clock when you are
not watching the meter Your behavior changes. And then you
start really using these tools. And then I realized, like,
I got a harness. I started playing with Ermez, OpenClaw,
all these different harnesses, etc. And somebody sent me, like,
a BitTensor API key for them running... ZAI's GLM52. And
they said, here, Jake Al, this is running across like
a network of almost like Bitcoin servers. And, And I
just had it running jobs, doing like research for the
pods and everything, blah, blah, blah. Sorry, podcast, put a
nickel in the jar. So I was like, wait a
second. You can control your destiny. You don't have to
take all of your intelligence from your business, your life,
and give it to Anthropic and give it to Sam
Wallman and give it to Dario. There's like two reasons
to... move to local to move to open source. One,
AI sovereignty. They're taking all your knowledge and reinforcement learning
it into their system. Even though they say they're not,
it's BS. They're taking the outputs, they're testing it. I
don't believe them, nor should you. And the same thing
now, if you can start using these open source models,
and they were What would you say? 18 months, 12
months behind the Frontier models? Not even. And now they're
three? Yeah. Now they're three, I think. Six months, maybe.
Okay, sure. And so you and I know this. Like,
six months behind means... I would say right now, 90%
of the work I do can be done by open
source. And the last 10% that I would use Fable
for one of these things, okay, sure, you know, maybe
I'll do it if I absolutely have to, but you
can just get yourself completely off of this. And this
is where those two companies specifically, when they go public,
they're I've been talking to some of their customers. I
had like 11 labs. I interviewed the CEO of 11
labs. I got off of 11 labs. I was paying
300 bucks a month and now I'm running at home
unmetered for free. Exactly. So now you're unmetered, it's free.
And then they were looking at their business going, the
reason they have to charge you 300 is because they
were giving, you know, 250 of it to Claude, you
know, Anthropic or OpenAI. Yeah. So what they started doing
is 11 labs, some of these legal companies, Lagora, I
think is the name of it. And... What's the other
one? Lovable, which is like, you know, vibe coding kind
of software for people who are not developers. Those companies
are now forking open source and then building their own
verticalized models. So you're going to hear about verticalized SLMs,
verticalized small language models. Just models that can run on
your laptop You get these new MacBooks, you get these
ones with 128, you get a Mac Studio with 256,
you spend $6,000, $7,000, which is, by the way, half
of what we used to spend in the 80s on
computers, you know, if you were to adjust them for
inflation. And then these VSMLs are going to be so
powerful and free. It'll run on my watch. It'll run
on my watch, Jason. Just right on my wristwatch. It's
a joke, but this is, I think, the new CEO
of Apple. He's figured it out with... But let me...
Before we go down, because I don't want to be
too technical. Down the rabbit hole. Okay. So here's the
problem. Okay. Okay. In every corporate, I have a lot
of dude named Ben friends through the show, but some
of them are actual friend friends. And, you know, they
do IT, they do support, they even desktop support. And
they are at vomit scale of people coming up to
them and saying, okay. Hey, can't I just throw this
into fill in the blank, chat GPT, et cetera, et
cetera. And how come my spreadsheet didn't output all the
right numbers? There is such a lack of knowledge about
what these chat bots are versus what we're talking about
right now. It is. And add to that, this is
the whole, it's so crazy what is happening where you've
got the marketing of these money burning companies saying, oh,
it's so dangerous. We can't give it to you. We
need regulation. It's so dangerous, which is clearly, you know,
just to put a moat around their stuff. And now
people are hating it. They hate their stuff. It's like,
I don't even see how this moves forward at this
point, except with, you know, somehow everything's just got to
burn down to the ground because it's not working. It's
absolutely not working except for burning up money. And then,
on top of all that, and maybe you can confirm
this is true, that NVIDIA, are they really buying Hugging
Face? Yeah, they're buying Hugging Face. So they have the
full stack, so they don't need anybody else. Correct. Here's
what's going to happen. So... I can give you the
inside baseball. Sam Altman did this deal with NVIDIA, right?
Do you know him personally? He seems like a real
sleazeball. Okay, I know Sam for when he was doing
his first startup, Looped, which was like a mobile local
thing, which was kind of like Foursquare, you check into
places. And then I knew him because we were both
scouts for the same venture capital firm, Sequoia Capital. And
I've known him for a long time. He is the
dealmaker's dealmaker. He's the only person who ever screwed Elon
Musk. He's the only person who ever got over on
him by getting him to donate $50 million to form
OpenAI. There's some women who would disagree with you, but
I digress. Everybody goes through divorces. I think he probably,
I think, well, yeah, I mean, you may have cost
him a little bit more with Sam Altman divorce. Sam
is just like a Bill Gates or a Zuckerberg-type entrepreneur.
In other words, he has no problem screwing a partner
to get ahead. That's what they've done. And the great
irony of open source is when open source came out
in the early 2000s and started to hit enterprises— Everybody
said, well, the enterprises will never trust this because it's
not controlled by anybody and it's not supported. And then
magically, people emerged who would support it for you, host
it for you, and they would... report enterprises would say,
actually, we don't want to be locked into Oracle. We
don't want to be locked into Microsoft. We want to
have some freedom here. So that's actually a better way
to do it is to use an open source and
pair it with some support. They also bought this poolside,
they aqua hired them at NVIDIA. What they're going to
do, you're exactly correct. They're going to put a bunch
of NVIDIA compute on a rack. They're going to roll
it into your facility and say, here's your AI open
source. Pick whichever platform you want. We've got Nemotron. We've
got this one. We've got that one. Nemotron. That's what
they call it. It's like finding Nemotron. But they're going
all in on it. And now they're going to compete
with those two frontier models. The truth is you use
it for software and it's pretty dynamite for building software
and building systems. And so if people just only if
only if you know what the outcome is supposed to
be. Yes, you still have to be a systems thinker.
Yeah, you do. Now, let me just show you what
our... Get back to some media deconstruction here. Yes, of
course. To our politicians, this is... Ed Markey, I think
this was a primary debate. This is the level that
our politicians are speaking at. Senator Markey, do you personally
use AI platforms like Claude or ChatGPT in your work?
I use whatever is inside of my iPhone or my
iPad, whatever comes up. Whatever. Whatever's on my iPhone? I
don't know what companies my iPad might be using. But
if it does, in fact, provide me with the information,
which I've been asking. He doesn't even know how to
answer the question. No, he doesn't. I'm asking the device
to give to him. You're in the headlights. And, of
course, I'm using it. The headlights. Congressman Malton. Yes. Yes,
I use AI. We're very careful about how to use
it, to use it honestly, to use it effectively. But
these are tools that can help. But they're also tools
that need protections. And with all due respect, Senator, if
you don't even know what you're using on your phone
or your iPad, this is why we need a new
generation of leaders to regulate these technologies. to make sure
that they are safe. They are safe for families. That's
what I'm saying. Here we go. Here comes the regulation.
Oh, yeah. Well, listen. Gotta control it. Gotta control the
internet. Siri or it's called Claude it doesn't make any
difference we need to put safe we need to build
safeguards around it and that is what my legislation is
accomplishing and again we go on this issue like so
many others from yourself Congress on Moulton is making up
his record
and his concerns right now, I have been the leader
on these issues, especially on AI, because we absolutely cannot
have a 21st century without the safeguards which families need.
Oh, families! Children, children, children, children. My agenda, and I
in no way will allow Congressman Moritz, to denigrate the
work that I have done for year after year to
protect kids, to protect families in our country. Ding, ding,
ding. Ring the bell. With due respect, how are we
going to effectively regulate and keep big tech accountable if
you can't even tell the difference between big tech programs,
which do take very different approaches to privacy and safety?
But this guy doesn't know what he's talking about either.
None of them do. - The good ones are out
of business, and the good ones are actually creating jobs
and making cures for cancer and other things for our
future. - Cures for cancer. Jobs, jobs, jobs. Read the
Hillary. You are tired, Adam. Where's the ding, ding, ding
bell? And where's the jobs karma from Hillary? Jobs, jobs,
jobs. And think of the children. Yeah, I know. Think
of the children. I mean, this is where they go.
politicians, if they are scared by something that's empowering people
to be free, whether it's you being able to control
your ranch, your water, your energy, you know, Second Amendment,
whatever it is here in Texas, you know, that we
protect for your personal freedoms and not being reliant on
the government, they're going to try to take it from
you. They tried to take the internet from you, your
anonymity, your privacy. They're going to try Try to take...
AI away from you. And they're going to try to
ban you from having your own AI on your laptop
because it's disruptive and it's scary to them. They want
to control it. And anytime the government controls something, the
price goes up and it sucks. They kill it. That's
what they want to do to the internet. The internet
was super disruptive because they couldn't control it. And they
want us to put our... you know, social security numbers
in now they want to, um, you know, protect the
children. Okay. Reasonable. We want to protect kids. We got
it. But they, they want the anonymous internet and you
to be tracked on the internet. And they want to
track and control the, AI. And the truth is, AI
is a tool and it makes you superhuman if you
know how to use it. You become, you can get
three, four, five, six times as much work done if
you know how to use these tools. I agree. I
agree. It's as simple as that. My clips are cut
by my model. Yeah. 100% today when I was doing
the 3x3. No, it took you forever. It was very
slow. I was very disappointed. Okay, well, it's my first
time. Come on. Did I do as well as JCD
naming them at least? I had a naming convention. I've
heard you admonished JCD for a decade. I do miss
that. I do miss his misspellings. Those were good. I
just picked up. the second one. It's the second one.
Come on, Adam. Now, see? Now, everybody wants to know,
just to be a little lighthearted here, I'm very serious.
Everybody wants to know where did the impersonation of John
C. DeVora came from? It came from Edward G. Robinson.
I used to watch these, like, Old films, play the
clips. Is that true? Is that true? That's where I...
Well, I was like, John is a curmudgeon. Who else
is a curmudgeon? Who's always talking like, gosh, I'm pissed
off for whatever reason about everything. And so I... just
was like, oh yeah, Edward G. Robinson was the guy
who played all the gangsters, Little Caesar, all these kind
of movies. And he would be the guy who would
say as a gangster, Shay, Shay. And when I started
doing that on This Week in Tech... Leo Laporte would
just be like, oh, please don't torture John. And I
would be sometimes on with him, and then I would
just lean into it, and it pissed John off. Let
me listen. Which one do you want me to play?
Which one? Play the Edward G. Robinson C. from Little
Caesar, see? It's named correctly. Yes, yes. Yeah, see? Arnie?
You oughta had better sense than to hire a couple
of outside yaps. Especially bad shots. Come on, what is
it? Let's have it! Arnie? Arnie? You're through. You're through.
See? Now you're through. I really didn't know it came
from there. And John, to his credit, immediately said, Shane,
it's a terrible imitation, J. Kyle, because what you're doing
is Edward G. Robertson, and I can see through it.
I had seen Chappelle in his early years. It all
just hit me. John is like some... gangster who just
breaks people's balls about their latest product, tells them it's
terrible. And you pointed this out when you went to
his, his, his, you know, funeral or, you know, memorial,
whatever it was, that he kind of pushed the world
to get better. And so this is, I had seen
Chappelle, I was just thinking back to it, like when
I would do This Week in Tech, and I was
always like, wow, man, someday I'm going to be on
This Week in Tech with... you know, you or Dvorak
or whoever, or Leo, and I got to come on
a couple times, but I had seen Chappelle doing a
send-up to it. You can play this Chappelle clip of
him doing Edward G. Robinson. Sometimes I talk crazy just
to make myself feel better. Yo, do that. Just start
talking like crazy. You ever hear this voice? Bam. That's
how bad guys used to talk in the 40s. In
the old days. See, I talk like that. Not all
the time, but if somebody put the pressure on me,
fuck it, I got to cut loose. If the police
pull me over, I talk crazy. Son, son. Do you
know why we pulled you over? Nah, because I'm black,
see? That's right. Nah! Nah! Call me over, because I'm
black. That was the... And then Sean was brutal to
me back. How do they know I don't talk like
that every day? Stop talking like that. Stop talking like
that, Calver. That's a good point. So I would be
doing it to him, and then he would get me
because I... At times, maybe I have a little bit
of a lisp. You've gotten rid of that. Okay, well,
but in the early days, I was nervous on air,
and he would go, Yeah, Chasey's talking, she's going to
be on just because of that. Oh, yeah, Chasey's talking,
she's talking like this. And he's going bald. I'm like,
brother, you're talking about me going bald. John, you've had
a comb-over since 1986. Come on. It was so great.
But when you guys were breaking my chops on the
show, I always loved it. I always loved it. I
hit rewind. Let me hear it one more time. I
just, you know, I miss JCD. He was so great.
Such a classic. You and me both, brother. Yeah, yeah.
So let's talk about this episode. Because I think, again,
the media is so poorly informed and they're just lapping
everything up. The meta lawsuit... which was settled. Here's a
clip. Now, 30 U.S. states brought the case against Meta
and said that it had misled the public about the
harms that its platforms Instagram and Facebook posed to younger
users. We were only in week two of the trial
when news of the settlement dropped on Wednesday. And so
Meta has agreed with the states to pay up to
$18 billion in damages. Now, what's really interesting about the
case, though, is that Meta has said it will only
pay 70% of that settlement. So that's $12.7 billion. Now,
the remaining 30%, $5.3 billion, they said they will only
release it on the condition that its rivals, YouTube and
TikTok, also make changes to their platforms. Now, Meta has
said that some of the key changes it will be
making include a two-hour daily usage limit, nighttime blocks, the
ability to turn off autoplaying content, disabling extreme makeup filters,
and this is all for users under the age of
18. But overall, the state that Attorney generals are calling
this one of the largest consumer settlement cases in history.
And so the impacts will be far reaching. So this,
what I think they're all missing, because, you know, they
go through this list of concessions they're going to make
for the children. This can only lead to... And digital
ID that you'll have to identify yourself to be on
the platforms. And that's ultimately, I think, what all these
guys love. They all want that. Not the tech companies,
but the AGs and the politicians, they want to get
rid of anonymity. Yes, because you can't criticize them or
you can't leak documents about them and their crimes, etc.
online. And they would love, love to get rid of
encryption and they would love to get rid of anonymity.
And they've done a great job of it already. I
mean, they can follow you around. You have to take
really... you know, acute steps to, to maintain your privacy.
It is still possible. But this is a very reminiscent
of the, of what happened with the tobacco company. So
two things can be true at the same time. The
politicians really want to control social media because they don't
want criticism. They want to track you down. If you
leak a document, et cetera. On the other side, you
know, Instagram knew for many years that this stuff was
super addicting, that kids really shouldn't be on it. They
engineered it that way. Exactly. They literally, when I came
into the industry and started investing, which was about 12
years ago, there was something called gamification. And all the
video game people had studied levels. Like, you know, when
you're in martial arts, you go up levels. If you're
in Scientology, they have levels. You pay, you get to
the next level, yada, yada. And all those devices and
mechanisms, my friends... who created Farmville, Mark Pincus, had started
all those. Wait, that's the guy who later did... but
what painted his Pinterest is as well Pinterest no which
was Farmville Zynga and which was named after his dog
who had a wonderful dog he's a friend of mine
he studied this stuff over and over again then Zuckerberg
studied it and
They just said, how do you get people addicted? Well,
very easy. You know, if you see the number of
likes, and I have more likes than you, and we're
both 12-year-old girls, you know, it's just going to turn
into a little bit of a slot machine, a race.
So they knew that and they didn't do anything about
it. And then they knew, hey, we got to get
them addicted from somewhere between 10 years old and 14
years old. And if we do that, we'll have them
for life. They'll never give up their account. So then
it became a generational chase to... Do that. And then
you have things happen like adults who are addicted to
these social networks. So, you know, two things true at
the same time. The government wants to get everybody to
sign up, use their social security number, and then track
you and track everything you do and who do you
follow. And then at the same time, these guys knew,
I think I caught with their hand in the cookie
jar. here's the here's the good news for them it's
like one percent it's like ten percent of their cash
on hand it's like one percent of their market cap
or less so this is like Some judge is like,
oh my God, I got $16 billion. It's the biggest
thing ever. And it's like, bro, are you paying attention
to how much this company is worth? This is like
giving you or I a $2 speeding ticket for going
150 miles an hour. Meanwhile, the true addicts are adults.
Yes. For sure. The adults are, I mean, it is
like- I'm addicted. I'm not. I'm addicted. I am not.
I am not. How'd you get off? Did you, did
you, were you, were you addicted for a bit? Never,
never, never. Now I can slip into it. I can
slip into it. Let's say it doesn't happen often, but
I'll just, I'll just sit on the couch and I,
and I go through my, um, here's how it happens.
I only look at X for my mentions because that's
where people tag me. There's a story or something going
on. Um, increasingly just like you suck. You know, there's
a lot of that. You know, just stop the show.
It's not the same. Yes. This guy was, you know,
whatever. But then there'll be a video and I'll watch
the video and I'm looking at the video and then
the video's over and it goes to the next video.
Yep. And then I'm like, how much time do I
have? And. And then before I know it, it's 15
minutes, and then I realize, okay, now I see what's
happening, because now I'm into sovereign citizens refusing to show
their driver's license. Yes. And new mosques being put up
in Hill Country. All of that. But, you know, so
I recognize that. But no, I am not. But I
see... Everybody around me is. Everybody. And it is... It
is the poorest way to get information. The worst. Every
link to a story is a paywall, so you only
read the headline in one paragraph. Worse, people, it gets
in my craw. Fake accounts. Okay, but when people screenshot
something, like, what good is that to me? I can't
even go and find the story of a phone. wanted
to. And then it's extrapolations of people giving you their
version of it. There's no real research being done. It's
junk. It's just junk, which I think has always been...
Slop. Well, there's a lot of slop now, but I
think that was always kind of the success of what
John and I were doing is We would dive into
it. Not all the time because it's hard to get
that nugget and figure it out. But I would go
and read the documents, man. I know their agenda. I
know exactly what the globalists are doing. And it's often
quite... For instance, okay, so... This beef thing has a
couple of things. And I'm like, because, you know, I
talked to Texas Slim and I've been looking at cattle
and ranching and beef for going on five years. And
so the first thing is the president comes out and
says, OK, I'm. 300,000 metric tons, metric tons. Okay, so
time 2,000 pounds? Well, that would be U.S. tons, but
metric tons of ground beef. Now- Ground beef from where?
Well, thank you. First of all, that would be, if
you cut up every piece of the cow- That would
be 1.2 million cows. OK, OK, it's a lot of
cows. This is a controversial move, but despite all of
that outrage from Republicans and ranchers across the country, the
president is moving forward with this, suspending tariffs on ground
beef imports for about 90 days until after the midterm
elections. This is all in an effort to lower prices
for the American family. But of course, this set off
a firestorm of criticism. especially in the Republican Party. So
Senator John Barrasso, the number two Republican in the Senate,
said Americans want U.S. beef on the table, not foreign
imports. Senator Tom Cotton of Arkansas called this action ill-advised.
Others in very competitive Senate races, like Congresswoman Ashley Henson,
say that this is just a flat-out bad idea. Now,
notably, the administration is not saying... Where this beef is
coming from. The president did not identify any countries in
his proclamation. And notably the agriculture secretary, whose job it
is to oversee farming and food safety, said that she
wasn't privy to that information. Yeah, because there is no
deal. There's no contract. But the cattle futures tanked right
away. Perfect. So the president got all midterms. Affordability. Oh,
OK. It's cheaper now. And of course, immediately you see
the memes. It's going to be poisoned beef from Argentina.
And just as a small aside, if people really understood,
our great American beef is certainly from Texas. Best in
the world. It goes to New York, Los Angeles, Las
Vegas, Beijing. Maybe Japan is good. It goes to the
Michelin star restaurants. And we are already getting crap that's
driven up from Argentina, from South America. And by the
time it gets to, in Texas, HEB, it says USDA.
a certified prime American beef because it's been in the
country. It's processed here. So then, and I think this
was a setup. Glenn Beck with the president. And because
I know a lot, I mean, I buy... We buy
our beef from KNC Cattle, hometown meats that have a
small... owner-operated processing plant on-premises. That's the way to do
it. That's the way to do it. And, you know,
they actually process beef for, you know, for ranchers, you
know, San Antonio, all over the place. But this is
how it went down with Glenn Beck and the president.
And I'm telling you, this was a midterm PSYOP setup.
And I think Beck was in on it. And the
prices are coming down very rapidly. And now beef is
starting to come down. You know, the meats, the beef
is starting to come down. Yeah, because I told everybody
to import it. But prices have come down very, very,
very rapidly. Very simple. I have to tell you, Mr.
President, I didn't plan on talking about this in week.
Bullcrap. I didn't plan on talking about this. I didn't
plan on this. All of a sudden, it just came
up. You can get into it at a later date,
but... Please, please, when it comes to beef, please look
at the cartel that is the meat processing cartel. Now,
this is absolutely true, but it's not a monopoly. It's
a duopoly, and they are not owned by Americans. And
the ranchers have become very... You know, complacent. It's like,
you know, I got these cows, I throw in $1,400
worth of Honey Nut Cheerios, I take it to the
processor, you know, they give me $1,800, $2,000, rinse and
repeat. But okay. That is definitely a cartel, and they're
no good, and they suck, and that should be broken
up. And this is the setup for that and more.
I mean, that is—I run a ranch, so I know
what it's like. And I'm telling you— Meaning, Glenn Beck
goes—puts the Cheerios in, takes it to JBS or whatever,
and has them processed. It is processing plants. There's four
of them, and I think two of them are not
even American. It's bad. And I believe they're colluding. And
I'm surprised that the ranchers and the farmers haven't done
it because they're smart as hell. I'm surprised... Because that's
been going on a long time, Glenn, long before I
got here. Help us. Help us. It's so we can't
we can't butcher with all of the federal regulations. It
is really hard. You know, if there's something you can
do to help. Glenn, is that just a question of
regulation? Do you think? A lot of it is. These
guys don't even know. A lot of it is. The
inspections are insane. No. Okay. So first of all, it's
not federal, it's state. And Texas is quite good about
that. Yeah. And, you know, it depends on how many
people you have in your operation and you can sell
it locally. Depending on your situation, you may not be
able to sell the cross state lines. You may not
be able to sell it to HEB, but you can.
can sell it from your ranch and but it gets
even funnier so they make the regulations so tough that
so could you do it if you didn't have those
regulations could you do it on your ranch yes and
is that the way to do it or do you
think yes you need some pretty strong regulations break Break
the back, break the back of those processing plants. There's
people that want to build processing plants everywhere. The regulations
are killing us, just killing us. So you're saying with
less regulation, you think that the ranchers and farmers would
do a very good job of processing plants.
So sing the beef. Yes. Wow. Yes, I know. I
remember that today. I know. I've been hearing about this
problem for 20 years. I've been hearing about this problem.
Okay. So, to me, this was a bit of a
setup. It's like, oh, yeah, Mr. President. So... The processing
plant is multiple problems. One is... And there's all kinds
of ways around it. You can sell a half a
cow to someone. That's what we do. Quarter cow, half
a cow is the way to go. Because you own
it at that point. You own half of the cow.
Someone else owns the other half of the cow. The
problem is that the ranchers, they are lazy. I'm sorry,
not the beefmaps.com guys. There are small independent processing plants.
So part one is they just want to make money.
They're not really into regenerative. They're not caring about it
as much as they used to. The older generation... is,
you know, passes it on. The kids are like, I
might as well sell this for development or something else.
They're not really into it. And the biggest problem is
people who know how to cut. There is no, there
are no people who know how to cut anymore. Right?
The butchers. Butchers. It's a specialty. You've got to get
apprenticeship. You know, that's where the stimulus is needed. And
yes, absolutely. This is cartel with the beef processors. Totally.
But there's a lot of complicit nature. And then we
get the next day... Or two days later, Glenn Beck,
you know, like spikes the ball. On Wednesday, the president
was on. It's Friday today. So two days ago, president
is on. And I bring up, you know, farmers and
ranchers. And I'm like, you know, let your people go.
Let my people go. Let them process their own food.
Now, every rancher. He's allowed to process their own food.
I'm just being technical about what he's saying, but you
can process your cows on your ranch for yourself. And
for your family. That's always, always been allowed. No standards.
But this is a monopoly. And if we can cut...
It's not a monopoly. There's four of them. No, four.
JBS, Tyson, Cargill, and National Beef. The regulations on these
processing plants... Not to a dangerous level, but to be
able to get people to be able to process their
own food in their own communities, in their own states.
It's already possible. It's a state's issue. The only thing
that is out there is the Prime Act, which has
been on the books and never really made it anywhere.
And maybe that was part of the point. And that,
believe it or not, is a Thomas Massey bill that
has just not moved anywhere. So it's a multi-factor thing.
But again, I think this is a midterm marketing message
that is happening here. This is all about the inflation
issue. You know, Trump... made a small set of promises.
And if you just go through it, just dispassionately, he
closed the border. Great. 100, A plus. You know, the
war, a lot of people felt you know, that was
a mistake, you know, and you just go through these
issues. One of them was, hey, I'm going to get
the prices down immediately. And as a function of starting
the war, gas prices go up. Gas prices are the
input to a lot of other prices. So, of course,
everything goes up. And we've been at three or four
percent. It's kind of as low as like 2.8, 2.9.
We still have the lowest unemployment of our lifetime. So,
You and I, we've never been sitting here with four
or 5% unemployment. And the participation rate in the country
is about 62%. We've never had more people participating on
a percentage basis. It's like 68 was the peak, I
think, under Clinton. And that's because it's a multi-factor kind
of thing. Because many people are so affluent, they don't
have to work or people in the family are affluent.
So they don't, they won't get off the bench and
go work. Put it all aside. This has been a
pretty great time for employment, even though everybody always complains
about how much money they make. It's actually never been
this good in our lifetime in terms of the number
of the unemployment rate. Put that aside for a second.
That's at Jason on X, everybody. That's at Jason on
X. You can tell him that he's full of crap
and that you are struggling. No, no, but the struggle
is not in the jobs available. It's the affordability. So
the rate, so correct. If your salary has not increased,
let's say 5% a year, 6% a year. You're not
keeping up with inflation because it was 6%, 7%, 8%
at times under Biden, and it's been 3%. The problem,
what people don't realize is 3% doesn't sound like a
big number, but you do 3% for 10 years in
a row. This is a super compounding impact. Now, everything
is 50%, 75% more. And beef is one of those
things. But the hack is super easy. And once you
start living on a ranch and you live in Texas,
you kind of break out of the matrix that you
live in in New York, that you live in in
San Francisco or L.A. And... I can order Wagyu, the
best. I have this one rancher. I'll give her a
shout out, Olivia, at Long Hill Wagyu. Her ranch is
about an hour and a half south of my ranch.
I'm talking about Wagyu. I can get it for like
$20 a pound if I buy Wagyu. a quarter cow,
maybe a little less, $15 a pound if you buy
a half cow, um, And this is what you need
to do. Now, if you're buying just straight up American
cattle, you're down to, I think, six to ten bucks,
depending on where you go. And the processing, from what
I understand, is like a buck a pound. It's like
150 bucks or 300 bucks to do a cow. And
there are smaller places to do that. And this is
the future of America is the job you mentioned. Cutting
up and butchering a cow, doing electrical work, plumbers. Generation
tool belt is the greatest opportunity ever. They get paid.
Generation tool belt. I like that. That's good. If you
want to get a great job, if you get a
graduate degree and whatever, studies and... Bullshit. Sorry, I'm not...
Sorry for cursing. BS, you know, graduate degree and studies
of, you know, whatever, indigenous people, yada, yada. You're going
to be 250K in debt and your first job is
going to be 40K, 50K. If you're lucky. You get...
If you're lucky. You're Generation Toolbelt. You're an electrician. You're
making... Six figures. In five or 10 years, you're a
plumber. Right now. You got your own business. You're making
$250. Right now in Texas, I think they're looking for
70,000 construction workers, welders, cable pullers, electricians to build these
stupid data centers like... This is a fantastic transfer of
wealth from BlackRock, from Goldman Sachs. Take the money. Take
the money. Take the money. I mean, yes. Huge PSYOP
took place. Huge PSYOP. Absolutely. Kids got screwed. That was
the... You know what? People are rightly sick of 20...
30 years of the government employees not working for them,
working for themselves. Absolutely true. Yeah, and so once you
break out of the matrix and you realize going to
college is not a guarantee for a great life, it's
indentured servitude. You now work for a student loan. These
kids who I meet, you can go to state school
for like 10K a year in Texas. If you go
to... Austin, you know, and you go to UT, you're
paying like- I got to tell you, Jason, I know
how to weld. Like, if this podcasting thing doesn't work-
You're going to be making $1.50 an hour. I'm going
to go to Pennsylvania and help weld me some big,
beautiful ships. I mean- That it's amazing what is out
there. If you ever watch Mike Rowe with his dirty
jobs, I mean, he's going everywhere telling people this continuously.
Did you go to college? I went to Fordham university
at Lincoln center at night. And it was, I think,
9 to 11K a year. Yeah. So it was about
40K. But it took me five years. I worked jobs
doing internet and whatever during that time. So when I
graduated, I think I had maybe $9,000 or $10,000 in
debt from student Pell loans or whatever. And then I
got a job working for Sony doing IT. Yeah. and
I was getting paid 60 or 70K a year, I
just paid it off in one year. I paid off
my debt in one year. And at the time, my
total college tuition of 50K was 10K less than my
salary on graduation. Today, if you get that same, let's
say you get a 50K job and you're stuck 250
in loans, 100,000 in loans, that's two to five X.
You cannot do that. get out from under no that's
the trap it's a lie and that's why you have
these kids who are so enamored with socialism because they
screwed them they said get your graduate degree yeah and
they went 100k in debt 200k that's why they love
mondami they're like yeah free stuff cancel my loans i
got screwed yeah um *sigh* Support your local rancher. That's
my main. Just literally buy a half cow, buy a
quarter cow, get the freezer. I have a whole freezer.
I mean, that's all we eat is we eat beef.
We eat beef and a potato. Love it. Rice and
salad. And, you know, our grocery bill is significantly lower
than anybody else I know. So yeah, you got to
lay out 400 bucks, you know, upfront, but at six
weeks, it's six weeks and you got your ground beef
in there.
You get the picanha? Get the picanha. That's the good
one. The hump roast. You get the hump roast. So
nice. So nice. Well, here's Kevin Warsh, our new Fed
chair. And he's laying it on the line over there
in Jackson Hole. And no one cares what they're doing.
But he did his walk. Now, there is one signal.
Nobody can miss. The responsibility for 65 months of sustained
elevated inflation sits squarely with the central bank. And that's
where it belongs. So here is my standard. We must
be confident that underlying inflation is moving to our objective.
clearly and at sufficient speed. Otherwise, we have work to
do. That's our job. That's our mandate. And that's our
charge to keep. Yeah. What does he say? Just a
bunch of words. I don't think any of this matters
anymore. I mean, we're still printing money. I mean, that's
what we're doing. Where are you on Bitcoin? Are you
a Bitcoiner? I, you know, when, when it was like
a hundred bucks, 200 bucks, I had some Bitcoin. Oh,
a hundred bucks. A hundred, 200 bucks. I had them
on this week in startups in like 2009, 2010. I
bought some, I got hacked. I lost it. At the
same time, like six months later, my wife was like,
what's the company of your Bitcoin? I'm like, I got
hacked. She's like, I'm going to buy some. And she
goes and buys a bunch for a hundred. And then
she's like, like, can I buy more? I want to
buy 200. I'm like, she wants to buy more. Boom.
She buys it. We still have it. Millions of dollars.
My wife made this incredible trade. So I'm super happy
about it. I think the game of Bitcoin has kind
of come to an end. It's not going to have
like this crazy super appreciation. I think- partly because there's
a guy buying like 10% of it, which is kind
of like, it's not punk rock. If somebody corners the
market on it and owns 10 or 20% of it,
like Michael Saylor's doing. Yeah. It's just kind of like,
he kind of like has made himself the main character
in the Bitcoin story. And it's supposed to be like
a punk rock. Nobody's in charge. I find him very
annoying, but nobody is, but I do believe nobody's in
charge. And, My, you know, the thing that John and
I would always, I mean, I would always pester him
with it because we were, people were sending us Bitcoin
left and right. You didn't sell it, did you? No.
Hold on a second. We agreed. It was John's idea,
but I agreed. No, this is just Beanie Babies. This
is Beanie Babies for the internet. And, oh yeah, no,
no, no, no. No, this is a great story. Keep
half. I had 65 Bitcoin. And I remember 2015, hey,
it's 900 bucks. I'm going to sell that stuff. There
you go. That was my, that's my, that's my initial
Bitcoin story. But then we got back in when it
was under $3,000 and I've just been, just been buying
a little bit every single, Tina's the one with the,
she's got the, you know, the proper IRA and retirement
accounts and all that stuff. Thank God. I'm rooting for
Tina. Everybody donate $33, $330. I'm a, by the way,
I'm a knight. I never claimed my knighthood. Well, this
is no good. You got to select a knight. I
got to be a knight. A knight of the hill
country. You got to select a name and you got
to send in a note. Notes at noagendashow.net. And I'll
be happy to knight you. I didn't know that it
was an honor system. I thought like you guys were
keeping track of stuff. Apparently it's an honor system. I
got to tell you that I'm actually a knight. But,
um... Putting it aside, there is a lesson, which is,
as we say in the business, let your winners ride.
It's okay to pair your position along the way, but
you always want to let the winner ride until it
doesn't ride. I do want to say – Because sometimes
things just race. Cotton Gin, you're right. On the show,
when Silk Road came out – As an experiment, I
bought a dime bag of weed for, I think, three
Bitcoin. Oh, no. And it came right to the door
in the mailbox. I'm like, this is amazing. What a
great country we live in. Be careful with that, man.
That guy went to jail for a couple of years,
yeah. Yeah, well, there you go. Yes, not legal in
Texas. We haven't heard from the UN Secretary General recently,
Guterres. Guterres. Guterres. Yeah, and he's trying to make his
mark on getting everybody afraid. And he has a new
way of pronouncing the most scary disease in the planet.
Outbreak is the fastest growing Ebola epidemic on record. Ebola
is the fastest growing Ebola outbreak ever. It's like Trump,
only he can't speak. Well, that's true. It is growing
faster and wider than the response to contain it. But
it can be stopped. We know how to contain Ebola,
how to interrupt transmission. Does this guy not listen to
anything on the news? Why is he saying Ebola? Am
I missing something here? Is it really supposed to be?
Maybe from now on we just pronounce it Ebola. I
mean, okay, Ebola. Ebola it is. All right. I got
one more. Koval. I'm going to wrap it up with
you, brother, because you've been very generous with your time.
But I do have one question. Of course. Go ahead.
Do you know what's going on with Japan and this
best-since-been-real kind of... sketchy about it, like, I know what's
going on, and the yen carry trade and all this
stuff. Sure. It's super simple. Is that happening, or is
that ending, or what's going on with that? Because that
seems to be where everyone's making money, and dumb podcasters
aren't. Okay, if you have the ability to... borrow a
lot of money, your bank, your hedge fund, whatever. You've
got to be in that kind of realm. You can
get a $100 million loan from Japan for 1%. And
then you can invest it in the United States, in
our treasuries, or short-term banks for 4% or 5%, take
the spread, and that's called the Japan carry trade. Japan
is actually, I think, going to come roaring back. They
have... a real entrepreneurial spirit. I go there twice a
year. And they- What do you do when you go
there? What are you doing? Well, two things. One thing
is I go skiing in Hokkaido, which is the north
part. Mount Fuji. It's in the foot of Mount Fuji,
but it is known for the deepest, like softest powder
in the world. It's unbelievable. And then I go and
I eat food and I do something I call Founder
Universe. I meet 30 founders, and for 10 weeks, we
help them grow their company, which is like my day
job is investing in 100 companies a year. Putting all
that aside, they are really figuring out immigration in a
very intelligent fashion. They just said... Everybody wants to live
there. It's the safest place in the world. The quality
of life is unbelievable, but they have some common sense
principles. One of them is you can't create You're like
little Tokyo, you're little Baghdad, you're little Paris inside of
Japan. You can't create your own neighborhood. You have to
live in one of the existing neighborhoods. And now you
have to be fluent in Japanese to come there. And
so since so many people want to go there, if
you want to have permanent residence, not if you want
to go there on vacation or for six months as
a digital nomad and everybody wants to go there, they're
hiring, you know, because they need some level of immigration
because they're a population. They have no kids. They're getting
old over there. It's an incredibly rich country because they
have so much money, so much discipline. Everybody saves their
money. And then they have population decline. And so they
actually figured out a really common sense way to handle
this immigration issue that the Nordics— Finland let people in
and then they're like, okay, we have 17 different languages
being spoken. None of these people will learn Finnish or
whatever the language is there. I'm assuming it's Finnish. Yes.
And we don't have teachers. So how are we going
to educate these people? Like, okay, they're not going to
get educated. They're going to live in their own slums,
their own area. And then we're going to have civil
unrest. If you want to go to a country, I
think it's like one of the most, and people might
say I'm being racist or something. You're not guaranteed to
go to any country you want in the world. And
what a great opportunity. carrot to put out there. The
people who learn to speak the language fluently before they
get here, get precedence. They get to go to the
front of the line. That's actually a really good idea,
because your chances of assimilating into the culture go up
100x if you can speak the language. Well, we'd have
to kick out half of our country, because people who
were born here can't even speak the language. Well played.
Well played. Well played. Well, I mean, I think now
by shutting the border, that was like such an easy
thing to do that I think it's kind of starting
to lower... the heat on this discussion that we could
maybe start to have a reasonable discussion of what to
do with the 20 million people who are here. And
now if they're criminals, they got to go. But if
they've been here for 20 years, we got to find
a solution because it's so, it costs us 50 to
$100,000 to deport somebody. But if you catch Milo Yiannopoulos
at the airport, it costs you very little. That costs
you very little. Just about $2,000. So that's the better
way to do it. I'm in agreement. I mean, I've
helped several people become legal. It costs about $5,000. I've
done it three times in my life, helped someone. But
they had been here for a very long time, you
know, back in the day when... Companies would go to
the border and say, hey, you want to work? And
they'd come on in. And it was just like, you
know, I'm in total agreement. The problem is that, and
we see it in Fredericksburg all the time. You know,
the cleaning ladies, the construction guys, the guys working in
the wineries, they're gone. And many of them have been
here for a long, long time. But it's quotas. There's
quotas for ICE and DHS. And I'm in agreement with
you. I wish we had a way for that. But
it seems like that...
That's passed. That decision is gone. Well, Trump has stopped...
He's taken the foot off the pedal because I think
it was so unpopular, you know, and it was causing
too much unrest. But it's a pretty simple, you know,
if you put economics to any of these problems, you
can typically find a good solution. So if people had
to pay their back taxes or they had to do
some sort of settlement to become legal, then again, the
front of the line would be filled with successful people
saying, you know what, I'll pay $3,000. in back taxes
or $6,000 in back taxes to become a legal citizen.
And that would, I think, again, if you don't, I
have great sympathy for somebody who doesn't have a job
and then sees, you know, 100 people working in their
community off the books, not paying taxes, getting cash under
the table. It's got to be incredibly frustrating. Well, and
guess what? If you go down the socialist route, which
I grew up with here in the Netherlands, what you
see is, oh, I hurt my back at work. I'm
going to be out for six months. My company will
have to pay 70% of my salary. gallery and I'm
just going to work hauling bricks on the side and
the neighbors see it. They see you double down. Oh,
yeah. Oh, yeah. Oh, yeah. And the neighbors see it.
Then the neighbors get mad. Then you get like neighborhood
fights over this stuff. And other people go, well, crap,
if he's doing it, I'm going to do it, too.
And it is bad here. It is really, really bad.
They've got a lot of problems. I think when you
steal from the... if you steal from the government, and
this kid, Nick Shirley, you guys, I think, have talked
about it a bit. He just walks up and somebody
gives him a list, like, hey, I think this is
fraud, and he uncovers fraud all the time. It's not
that difficult to find it, and so if it's not
that difficult to find it... You have to ask yourself,
like Occam's razor, like, why didn't we find it? It's
obviously people were in on it in our government. If
you're caught stealing from the government, I think they should
double the penalty because you're literally stealing from everybody. Hang
them. Hang him. Put it on TV. Give me the
rights. Dana Brunetti and I will produce it. Yes, we
will do it. He has no job, right? He just
made all this money and then went to a ranch
and he doesn't work anymore. He's got to get a
job. He called me and he texted me. He said,
hey, man, I want to do the show with you.
I'm like, okay. All right, line up, everybody. He only
does things he wants to work on. I think the
last... I'm not exactly sure, but I think the last
thing he did was Gran Turismo. Oh, yeah. Which was...
I thought it was a pretty fun movie, and it
was all paid for by Sony. So he just doesn't
want to... He says... He left at the top, man.
He was very smart. There's something to say about that.
Bought a lot of land. You know, got a good
looking wife. She's a lawyer. Nice. They live out on
the ranch. I mean, it kind of. And he used
to call John all the time. Wow. He loved John.
Yeah. Oh. He loved John. What do these guys talk
about? What's up? Ah, hey, Dana, what's going on in
Hollywood? See? Some of that. When am I going to
get a talk show in Hollywood? Who's it? I don't
know. When am I going to get a cameo, a
bit part? And who's really a- Nah, can you get
me a walk-on? I need a walk-on. Who's really a
pedophile out there? I want to be on Law &
Order. Can you make me a serial killer? See? I
want to be a serial killer on Law & Order.
That's what it is. Ladies and gentlemen, he is the
master of ceremonies of the All In podcast. Is that
once or twice a week, Jason? Just once a week.
Every Friday we drop it. We tape it at the
same time you do on Thursdays. Oh, you drop it?
You better pick it up, man. We drop it every
Friday. Oh, my goodness. Coming at you in the morning
from the hill country. Hey, man, I really appreciate it.
It was a lot of fun to catch. Fun to
catch up. Fun to catch up. Oh, yes. And by
the way, the story in The Hollywood Reporter that said
that Dana Brunetti was John's nephew was clearly, Brunetti called
the guy at Hollywood Reporter. The Hollywood Reporter didn't want
to put it in. didn't want to do the O
bit. And he said, but he's my uncle. I'm his
nephew. And then they put it in. Oh my God.
So they lied about his age. These guys are media
hacking. They get great. Literally, there's no fact checking. I
mean, the Dunning-Kruger effect or whatever that is, it's just
so profound. Perfect, because every time I read a story
about something I know about, I'm like, this is complete,
utter nonsense. It's like 20% true. Gilman amnesia, baby. Gilman
amnesia, man. It's just nuts. All right, listen, everybody. Get
your donations out. Donate to the show. Support, you know,
John's family. Very important. 33 33 88 88 whatever you
got just do something you ungrate no you guys be
grateful for the show you got to keep it going
keep the show going get your paypal that's what i
did every anytime i win a big poker game i
would win these poker games and then i'd be like
you know what i appreciate what you guys are doing
i pop out my paypal i zip a little paypal
to you guys easy peasy i love you brother thank
you so much i love you too bro let's let's
let's get i'll come out to frasersburg maybe i can
get in on this chess action with you we can
have a steak or something anytime you want monday monday
morning that's is that when the chess is going on
old man chess that's when chess is taking place i
want to get in on old man chess that sounds
like a party to me all right thank you so
much jason okay bye-bye from the people who emptied the
cupboard to fight the six-month little excursion a miracle in
the western hemisphere 65 billion barrels world's biggest oil deal
and the best part no contract no problem if you
can't read it you can't doubt it gas is going
down america Just as soon as we find the paper.
Old boss collected. New boss connected. 17 fields. 100 year
lease. 55% of a company that isn't a company yet.
Pentagon rest the checkbook. Private partners do the drilling. Taxpayer.
Complementary. Strategic reserve. Lowest in 44 years. Lucky for... us
faith is a renewable resource fill the tank fill the
spark fill the ad before November details later deal structure
not released at time of broadcast heavy crude may require
billions in infrastructure not included in no cost offer Take
at cost is a feeling, not a filing. Results may
vary by midterm. If prices do not descend, see your
local slogan. Can I get a barrel? Can I get
a vote? Lay your hands on the pump, brothers and
sisters, and receive the discount. You don't need a PDF.
When you have a posting. You don't need a map.
When you have a mandate. 65 billion reasons to believe.
The tank is full. No contract. No problem. No Maduro.
More inventory. Hormos can keep the headache. We just bought
the hemisphere. Ask for it by name. The biggest oil
deal in world history. Available now. Documentation sold separately. Amen.
And fill her up. Yo, Jess Baker doing it for
us again. Thank you very much to Jason Kalkanis. And
he led us perfectly into the value for value portion
of the podcast because indeed, everything you hear here is
supported by you. Time, talent, treasure, so many different ways
you can support the show. Of course, And we would
love for you to listen to us live when possible
on a modern podcast app. Go to podcastapps.com. You will
get the bat signal. You can listen live. And whenever
we publish, if everything goes according to plan, you should
get that updated within 90 seconds. No waiting for legacy
app. So please don't wait around for that. Part of
the value for value, man, so many people have done
so many wonderful things, boots on the ground, artwork. I
want to thank, see, the last episode with Matt Long
was episode 1898 titled Goofy Foot and Parker Pauly, who
is a black knight. I did a very interesting Don't
Tread on Me with the tires. Actually. Actually, I got
a, let me see, I had a note from, let
me see, where is my note? Got a note from
one of our producers about this. Let me see. Tim.
No, was it Tim? Tim. Uh... No, Alex. Alex, that's
right, Alex. He was sales manager for a global tire
manufacturer for over a decade in the commercial vehicle sector.
We're closely with colleagues in the passenger and light truck
industry So as California goes, so does the rest of
the country, and their regulations push their way into the
rest of the U.S. Replacement tires are superior to the
tires that come on your new vehicles. Aha. I think
basically what he's saying here is that the Obama-era greenhouse
gas rules put rolling resistant targets on original equipment tires
and degraded them for over a decade. And I think
we're probably going the same way with our replacement tires.
You'll probably, instead of getting 50 to 70,000 miles, you
get 30 to 40,000. So good work, everybody. Good work,
California. That's part of your affordability agenda. Screwing everybody because
that's the way California goes. So thank you, Parker Pauly,
for that. And let me see. There were some other,
I think there were a couple other pieces of art.
Now, I'm selecting by myself. Luckily, I've got the troll
room. I think it was Eric PP helping me out
with titles. Let me see. I'm always looking, obviously, for
something with the guest host's name. And what was there?
I liked Nestworks. I used the bat signal with your
piece of art. Let me see. Was there anything else?
A couple of tires thing. Yeah, some cows. Man, this
is really it. Parker Pauly really had the best one.
Much appreciated, man. Now I want to thank.
people $50 and above who supported us with their treasure
as always we have the 33 33 33 order of
the ant which will continue for a while also Thursday
is going to be my birthday I don't know if
we're going to do anything special for that I'm not
lying about my age I'll be 62 We always thank
our executive and associate executive producers at the top of
the show. These are people who are fortunate enough to
support us with $200 or more. That gives you the
title of associate executive producer. We will read your note
in full detail. And of course, that is a credit
that is good anywhere credits are recognized. Real official production
credits like imdb.com, LinkedIn. You can put it anywhere you
want. At $300 or above, And that is a executive
producer. Same credit. And Stuart Green comes in from Asheville,
North Carolina with $1,000. Thank you. Donation for knighthood. You
will be known as Sir Troubleshooter momentarily. He says, in
memory of JCD, so we're going to keep this short,
I rolled into No Agenda from the daily source code.
He's a folder, not a scruncher. Jessica, I'm presuming that's
his wife, started listening while we were dating. 18 years
of marriage and two kids who have been raised on
No Agenda later, here we are. Holy moly. And you
never had a fight, I'm just guessing. We meant to
do this a long time ago. John's passing was a
stark reminder to take care of the things that are
important while you have the time. Value for value. Thank
you for your courage. Stuart and Jessica from Asheville, North
Carolina. And I want to thank everyone who has emailed
me and said, hey, you know, I feel bad. I
never told John how much I appreciate him. So now
they're telling me. Which makes me feel like, how long
will I last? And would you look at this, Jessica
Green, right underneath Stewart comes in with $1,000 from Asheville,
North Carolina. And this is a donation for her knighthood,
but she means her damehood. She'll be Dame Doula at
your cervix. Now that's a great dame name. Sir Salahhauser,
Melbourne, Florida, $1,000. He misses JCD. He says, I can
hear him now in heaven talking with God and saying
either, it's a scam or, oh, that's bull crap. Maybe,
maybe not, Sir Salahhauser. Sir Salahhauser. Sir Ty of God's
Flat Earth, 343.75. I'm presuming that is an order of
the and plus fees. Thank you. 2026 is the 40th
anniversary of my birth and 10th anniversary of discovering no
agenda. Adam, I prayed for your salvation before it even
happened. Love to see God answer prayers. Missing JCD every
day. Love you, brother. I love you too. Erica Wilka.
333.33 plus the fees. ITM citizens, I am proud to
join the Order of the Ant and have become a
baronet. A baronetess, I would. Oh, it's Eric. Yes, Eric
Wilcox. A baronet. Correct. I usually find myself humming, I've
got ants, when dealing with them at my house. I
will miss hearing John my condolences and continued prayers for
Adam, the Dvorak clan, and the no agenda family. Adam,
there's a great amateur sumo tournament coming up in November
near you, the Consultants' Cup. I competed in it twice
and had a great time. Justin and his club, Dark
Circle Sumo, put on a great tournament. More details at
darkcirclesumo.com. And this is the sixth annual Consultants Cup Sumo
Tournament. Love the show. Thank you for your courage, Sir
Eric Wilka. Dr. Sir One Awesome, Jason PhD, 343.75. That's
an order of the Ant Plus fees. And we thank
you very much. Tom Babin, San Diego, California. $343.75, Order
of the Ant Plus Fees. Taking JCD's advice, I put
my phone in a drawer to focus on family while
on a July-August vacation in Europe. So I didn't learn
the tragic news until coming back a couple weeks ago.
I've been profoundly sad ever since, but I finally pulled
it together and did what John would have wanted me
to do, donate and become a member of the Order
of the Ants. So many memories from PC, Mag, ZDTV,
Twit, No Agenda, DH Unplugged. Thanks for helping me maintain
sanity while raising two young human resources with my smoking
hot wife in these interesting times. You'll be greatly missed
but never forgotten. My heartfelt condolences go out to the
Dvorak family and to you, Adam. Tom Babin from San
Diego, California. Catherine Nicholas, 33333, Dear Adam, thank you for
carrying the torch through John's illness and passing. You've shouldered
so much while grieving the loss of your dear friend
yourself and your strength and dedication have not gone unnoticed.
And congratulations on becoming a grandfather. What a beautiful blessing
and bright spot in the midst of such a difficult
season. Indeed, a roller coaster. With love and gratitude, Katie
and Will. Thank you, Katie and Will. Sir Joe Foe,
33333, ITM, seems to be a season of change for
me, the show, and the world. Listening since 2016, happy
to finally welcome Jason today. Yes, it was fun to
have him on. I chipped in 33 value for value
to him on X money, which I think he gives
away. Adam, grateful to have recently found we get to
do this as well. All the best, Sir Joe Foe.
Peter Bickford, 33333. And there's no note, so he will
receive a Double Up Karma. You've got... Double Up! Double
Up! And there is the Indianapolis Noah Jenner meetup, Greenwood,
Indiana, 333. It's a switcheroo. um raymond lee he won
the raffle and he will receive the order of the
ant he says hi no agenda nation i'm traveling across
the country with my smoking hot wife and two toddling
human resources we made the indy no agenda meetup a
stop along our way they were very welcoming and we
all had a great time definitely recommend connection is indeed
protection also i'm now a knight Happy to be in
such esteemed company. Night name, Sir Raymond. You got it,
Sir Raymond. And then we have the drunken minstrel himself,
Sir Chris Wilson, coming in with $2.66 and 70 cents.
And he says, in the morning, Adam, an invited guest.
We all remember how John hated long donation letters, so
please find an attached copy of War and Peace in
his honor. Greetings from the Antipodes, or as you may
also know, the former prison colony of His Majesty King
Chucky 3.0, bless his reptilian heart, the authoritarian hellscape known
as Australia. Pronounced Straya, or in a more formal setting,
Straya Cunt. You got me, Chris. We are the only
country in the Commonwealth or common debt to have by
ministerial edict and without judicial review prescribed a registered political
party as a banned hate group, threatened their members with
10 to 13 years in prison and forced its leader
to seek leave from the High Court of Australia to
be allowed to fundraise and launch a legal appeal against
the prescription. because technically, under the new hate speech laws,
filing a legal challenge and donating or collecting to pay
for said legal challenge is providing material support and promotion
of a prescribed hate group, a crime that attracts 10
to 13 years in prison. Yeah. Still, given that level
of outright suppression of political expression, I think that... In
the north of you is faring somewhat worse. It's getting
cold there. Everyone seems to be a bit more gay.
Enough complaining. On behalf of the Sydney Noagent Meetup Mob,
please accept our humble donation of $388.33 plus fees. We
wish it was more. Okay, so that, I have to
mark that. So that will be a... That'll be an
order of the ant then, I guess. I'm not sure
who to send it to because we do... Well, at
least it'll be executive producer for sure. We wish it
was more, but if you... Oops. Wish it was more,
but if you exchange it... For Bitcoin, by next Wednesday,
it will probably be more. Adam, our collective heart goes
out to you, Tina, all the Dvoraks, Andrew Horowitz, Dana,
all of Gitmo Nation. The universe lost the legend, but
we still have something more valuable, even more valuable than
Bitcoin. We have a network of high trust, critical thinkers
in real life who understand the value for value exchange.
This we get to keep. Seems to be like a
band member that has been a band that has lost
a member, no matter what you do. That specific magic,
that unique chemistry, goes with them. But you don't stop
when there's new music to be made. You get together
and you let the chemistry brew. You find the new
magic. And with the right people, music just happens. It's
different, but it's music from people you love. As Sir
Felix said, we must secure the existence of our podcast
for future Gitmo Nation children. My Mossad handler, Brian of
London, spotted what I did there and has approved the
use of the number 1533 as a signal to other
producers that we were here for the long haul. Adam,
thank you. Thank you. You're doing God's work. A de-douche
for everyone at the meeting. You've been de-douched. Thank you
for your courage. Sir Chris Wilson for Sir Nathan, Phil,
Danny, Custom, Carl, Mark, Steve, Tom, Alex, and our ring
in Daniel, if I missed anyone. Do we qualify as
a collective for an executive producer credit? Yes, you do.
Happy to do that. . $250 from Manuka Gold, manukagold.com,
from the Manuka Gold family. In an uncertain world, we
appreciate No Agenda showing up week after week to keep
things in perspective. We're always happy to do our small
part to help support the engine for this awesome community.
We do have a special No Agenda sale at manukagold.com
for the listeners looking for 20% off. Code TREASURE will
work until Labor.com. and is stackable with our big end
of summer promotion. And there's Gigawatt Coffee Roasters from Bensonville,
Illinois. Eli, the coffee guy, he says, Noah Jen has
the best producers ever. He comes in with $208.30, always
$200 plus to date. The quote from the millennial rancher
on the last show really resonated with me. That was
the anonymous Zoomer rancher, actually. The only limit to success
is the creativity of your mind. That quote truly embodies
the American spirit and probably hits home with a lot
of fellow producers. I also want to plug an upcoming
Chicagoland meetup I'm putting together at Hailstorm Brewing in Tinley
Park. On September 12th, I urge all those in Gitmo
Nation who have never been to a meetup to either
start one or go to one. They're a blast. And
everyone, everybody wants a good cup of coffee at a
great price. Yes, visit gigawattcoffeeroasters.com. Use code IPW.
ITM 20 for 20% off your order. As always, stay
caffeinated, says Eli the Coffee Guy. And there's the Indianapolis
Noah Jindal meetup. This is the second switcheroo. $200 for
Annette Miller towards her Damehood. The indie meetup last week
was a big one. I finally get to claim Damehood.
You've always referred to me as such. Yes, I have,
because you've done real work on all those meetup reports.
We have another one today. Sorry I didn't make it
before the loss of the great JCD. It makes the
moment bittersweet, as always. Shout out to my genius firstborn
in New York by way of Austin. Sir Ryan and
to the Indy crew, the best punch of rabbit hole
diggers this side of the Mississippi. Can I please? Oh,
boogity boogity. Yeah, I should have gotten you a boogity
boogity. Hold on a second. Where am I? Boogity. Why
is Boogity not coming up? Boogity. Boogity. Come on. Okay.
Yes. Boogity, boogity. Sorry about that. Along with a chilled
bottle of Elijah Craig grilled prime rib and a homemade
black raspberry pie for the table. Thanks for the years
of enlightenment, Adam. And please dub me Dame Near Perfect.
And that's from Annette Miller. Boogity, boogity, boogity, boogity And
there's Lena Lupatkin from Castle Rock, Colorado, $200. She wants
jobs karma, and she says, AI can write your resume.
The problem is it can write everyone else's too. Linda
helps professionals and executives figure out what makes them different,
what makes them valuable, and turns that value into a
resume that gets results. Go to ImageMakersInc.com. That's ImageMakersInc with
a K. And Linda Liu, Duchess of Jobs and writer
of winning resumes, because your resume should do more than
just look good. Jobs, jobs, jobs, and jobs. Let's vote
for jobs! And that wraps up our executive and associate
executive producers for episode 1899. We are almost at 1900.
Remember, these credits are good anywhere Hollywood credits are recognized,
which includes imdb.com. Our formula is this. We go out,
we hit people in the mouth. Whoa! Order! And I
realized I forgot to do the troll count. This is
great. The peak trollage was 1,234. 1,200... And 34. Wow.
Welcome back, trolls. Thanking the rest, $50 and above, as
we always do, there's Kevin McLaughlin, the Archduke of Luna,
lover of America and boobs. And he comes in with
8008. Thank you very much. Amanda Smith with the same
amount. And she's from Noblesville, Indiana. Happy birthday to Scott
Smith. I had the date wrong last year, making it
up by donation in his name. Big Smitty is 55
on Friday the 4th. Leszter Kauspie with the small one,
6006. Marco in Den Haag, 5555. Got your email. He
does want a dedouching. Thank you, Marco. You've been dedouched.
Foster Birch in New York, New York 52. I think
it's 50 plus fees. Dame Nancy of the Confused, San
Bruno, California, 52.44. Thank you. Nathan Noel, or Noel, of
Nederland, Texas, 50. Oh, these are the 50s. Joshua Johnson,
Omaha, Nebraska, Terrence Clark in Jacksonville Beach, Florida, Tony Lang,
Castle Pines, Colorado. And that wraps it up. Everyone else's
is 49.99 or below. We never reach that number for
reasons of anonymity. And we thank you all very much
for supporting the best podcast in the universe. Thank you.
And remember, you can always go to noagendadonations.com, and you
can always email us, notes at noagendashow.net, for your birthdays.
Amanda Smith, happy birthday to Scott Smith, he turns 55
one day after my birthday on September 4th. And Sir
Ty of God's Flat Earth turns 40 years old. We
say happy birthday from everybody here at the best podcast
in the universe. Yes, sir. First day, yeah! Oh! ¶¶
Order of the Ant. That's right. Congratulations to our Order
of the Ant Pin Awardees, which will be in the
mail to you shortly. Stuart Green, Jessica Green, Sir Salahauser,
Sir Ty of God's Flat Earth, Eric Wilka, Dr. Sir
One Awesome Jason, PhD, Tom Babin, Catherine Nicholas, Sir Joe
Foe, Peter Brickford, and Raymond Lee. Remember, you can become
a member of the Order of the Ant, 333.33. Go
to noagendadonations.com. Order of the End. And we've got two
knights and two dames to bring up today, so we
welcome Jessica Green, Annette Miller, Stuart Green, and Raymond Lee.
Thanks to your support of the Noah Jenner Show and
the aggregate amount of $1,000 or more. We are very
proud to pronounce the K-D-S. Dame Dula at your cervix.
Dame near perfect. Sir Troubleshooter. And Sir Raymond for you.
We've got hookers and blow, rent boys and Chardonnay. We
have, what was it we wanted here? We wanted... A
chilled bottle of Elijah Craig, a grilled prime rib, and
a homemade black raspberry pie. Everybody can share in that.
Along with some other favorites like sparkling cider and escorts,
ginger ale and gerbils, breast milk and pablum. And as
always... Mutt & Mead on deck for all of you.
Go to NoAgendaRings.com. Not just for your rings if you're
a knight or a dame, but also you can take
a look at the very handsome order of the ant's
pin. And once again, thank you all, everybody, so much
for supporting the No Agenda show. It is the best
podcast in the universe. It is value for value, and
you certainly brought it today. Thank you. No Agenda. and
the meetups. We have so many meetup reports today. It's
just outrageous. So happy to see them come in. Let's
first listen to the meetup from Indy. Hi, this is
Sir Mark. And this is Dame Maria from our Indianapolis
meetup with our lovely Noah Genta family remembering John today.
John, you're absolutely right about NCIS. They need new writers.
Rest in peace. Really love you. Hi, this is Dame
Cindy of the Tito's at the Best Meetup in Indy.
We want to send our condolences to the JCD family
and the Adam Curry family. We appreciate everything you've done
for us over the years. Hey, it's Gary. RIP JCD.
Sir Benny. Rest in peace, John. Later. This is Emily,
the Shufflecrat Spook, Missing John. I remember him back in
the days of Buzz. out loud when he would post
with Tom Merritt and Molly Wood. I had literally no
idea what they were talking about, but I loved his
crankiness. R.I.P. JCD. Hello, this is Brewski from Indianapolis. R.I.P.
Dvorak. You'll be sorely missed. Hey, it's Annette in Millville
still drying out from the Big Diret Show. We miss
you, John. In the morning, Nada from Indianapolis, and thank
you for your courage John and the Dvorak family. This
is Alicia from Indianapolis. Miss you, John. Rest in peace.
This is Joshua from Indianapolis. R.I.P. J.C.D. You are the
original book of knowledge. This is Sir Jake. Glad I
finally made a meetup at Missing J.C.D. Tom G. Not
from Carmel. Not fisting any more nuts. Adam, thanks for
the men alliance to love and life. This is Syrup
of the Maple at the Indy Meetup and we're all
sharing our favorite John moments. We will miss you, John.
In the morning, Dame Trinity visiting from Fort Wayne, having
a great time remembering JCD in the morning. In the
morning, Adam and crew, Sir PBR Street Gang, John, see
you on the other side. Sir Ohio Blood visiting the
Indy crew. RIP JCD in the morning this is Tony
from Louisville, Kentucky John, you're my dad and I love
you and I miss you in the morning this is
Sir Raymond thank you for sharing your love of podcasting
and meeting up it's Nick from Indianapolis rest in peace
John you taught us the importance of cynicism not pessimism
thanks for everything This is Kate Piper from Blind Owl
Brewery. Took care of the No Agenda crew today, and
they were lovely. Wait, what's that sound I hear? Donate!
Donate! Thank you guys. Hey, let's go to Down South
here in the Netherlands to Maastricht. Thank you. Hey Adam
Hey Noguja Engine Nation This is Aver and Maastricht here
The first Maastricht meet up It's only two of us
But hey You know We got to talk about a
load of shit It's a party And we got to
drink to JCD Who did the Suckiest exit strategy ever
And Good fun here, good company, and hopefully next time
we'll be more busier. Yeah, this is Baron Illuminati. Having
great fun, just the two of us, but nonetheless, see
you around. And the waitress. Okay. All right. I guess
the waitress didn't want to talk. And now we have,
just as long as his donation note, we have the
meetup report from Sydney, Australia. Um, caution, not entirely safe
for work. In the morning, Get My Nation, this is
Sir Chris, the drunkard minstrel. And I'm here with everybody
because I'm too fucking drunk to remember their names.
ITM, Get No Nation, this is Steve. A lot of
good people around here today. Great to see them. R.I.P.
Buzzkill. We live in a country ruled by... the first
half not ruled by trees no we can edit this
ROPJCD say it again I'm not buying it you're not
buying it No, it doesn't matter. I'm not buying it.
It's a scam. It's a scam. This is Alex, just
drinking beers at the cash-only bar. Not by design, but
not a problem. And I'll call out Patrick as a
douchebag. He'll know. Douchebag Douchebag In the morning, rest in
peace JCD ITM, this is Custom Carl here with the
No Agenda meetup in Marrickville in Sydney And yeah, great
bunch of blokes having some beers and RIP JCD In
the morning, RIP JCD from Mark in Sydney This is
my first meetup You want to say anything? I'm going
to edit this afterwards anyway. I don't know the ritual,
so how do I open what I'm saying? I don't
know. You say... I'm getting hit in the mouth. Because
that's what it is. You get hit in the mouth.
This is your hit in the mouth. Anyone who says
we're sitting having beers is lying because we're overtaxed, we're
overworked, and no one can truly afford beers, but what
a wonderful group of people. You can also say shout-out
to Brian. And a shout out to Brian of London
from Daniel, hashtag, vote, hashtag, at symbol, vote Luco. Good
to speak to all of you, whoever's listening. Mr. Vilk.
I'm sorry, John's gone. And Adam, I love your work.
And I need to say that before you go. Keep
going. He's not going that quickly. In the morning we've
all been drinking a lot and we've all been... getting
connections for our erections. I mean, protections. Protections for our
erections. Protections for our erections. Thank you, Chris. Connections. In
the morning. No homo. In the morning, no homo. My
name is Chris and I'm an alcoholic and I'll edit
This doesn't sound so fucking drunk. In the morning. In
the morning. A one, a two, a one, two, three.
In the morning, Gitmo Nation, we are all charged up
to be... Human resources and service in our lands and
our ships at sea. From east to west down under
to the lowlands and beyond, we are happy and distracted
slaves. Hear a good Monatian song In the world Hey
guys, it's Lucy the barmaid here We've had this group
of fellas in tonight And they officially banned from the
premises Have a good night everybody There you go Okay.
Yes, perfect. Thank you, boys. Thank you very much. We're
almost done with our meetup reports. Here's the Jingle Pot
Ranch meetup from yesterday. This is SirTreeDaddy here hosting the
Jingle Pot Ranch Backyard Meetup. I'm going to pass the
phone around because there's people who have things to say.
In the morning, this is Sir Say It Wrong of
Neneo. I'm going to miss the way that John butchered
the name of my town every single time. When Adam
says it properly, it just doesn't quite hit the same.
But it did warm my heart when Larry and Darren...
both butchered it back to back in the same reading.
I did look high and low for Nanaimo bars for
dessert, but all I could find in them was hookers
and bikers. In the morning from Nanaimo, BC. Yes. And
in the morning to you in our final meetup report
is the one I was looking forward to from Zurich,
Switzerland. In the morning from Zurich, Switzerland at the JCD
rest in peace meetup report. We had lots of fun.
We talked about politics and how grateful we are tonight.
agenda for keeping us sane with all the craziness that's
going around in the world. I'm Sir Luca, I'm going
to pass the phone to the other participants of the
meeting. I'm Sir Wukas, I came down here from Munich
and I'm here to remember JCD and spend some time
with some really good people. Hello, I'm Phil, the pool
water guy and I came here from Weiden, thank you
Adam, I'm guy and we had a Thank you. Next
show day, that'll be my birthday, September 3rd, Raleigh's regularly
scheduled September meetup and soiree, 6 o'clock at Saints and
Scholars in Raleigh, North Carolina. And on the way in
the month of September on the 6th, Tapiola, Michigan, Fort
Mill, South Carolina and Medford Lakes, New Jersey on the
10th, Brooklyn, New York, Boise, Idaho on the 12th, Scottsdale,
Arizona on the 15th, Charlotte, North Carolina. North Carolina, the
17th, Tbilisi, Georgia. Got to collect those meetup reports. That'll
be on the 18th. King George, Virginia on the 19th,
along with Petaluma, California and Wilmington, California. All of that
happening in the month of September. Go to noagendameetups.com. Very
simple. You look on the calendar. You find something near
you. You will want to go to one of these
at least once in your life. And I'm pretty sure.
Pretty sure long after No Agenda is gone, you will
continue to meet these people because this connection gives you
protection for the rest of your life. The people you
meet at a No Agenda meetup will be your first
responders in any emergency. I guarantee it. Noagendameetups.com. If you
can't find one near you, start one yourself. It's easy
and always a party. Sometimes you want to go hang
out with all the people. Good nights and days. We'll
be right back. Everybody feels the same like a party.
That's right, everybody. It is just like a party. Stick
around if you're in the troll room. Give me some
title ideas. I do not know what's coming up next
on the No Agenda stream. That information has not been
shared with me for today, but... Guaranteed something is coming
up Because it's 24-7 NoagendaStream.com And as always get your
modern podcast app So that you will always be alerted
when we go live Or any of the other podcasts
go live So I'll be back with No Agenda on
Thursday From Rotterdam, the Netherlands That will be my birthday
And I'll be back with No Agenda And also on
Wednesday with We Get to Do This with my brother
Pastor Jimmy. If you're looking for a little Jesus talk
with your No Agenda Media Deconstruction, check that out. Please
remember us. Noagendadonations.com. Value for value. Keep the show going,
everybody. Thank you so much for your contributions today. And
before I leave you, I've got one more Just Baker
end of show mix, just because he's really knocking it
out of the park. And I'll see you on Thursday.
Till then, adios mofos. A hooey hooey. And such. the
beef don't ask where the beef Music Attention, hungry Americans!
Your government has located... Beef. Lots of beef. They said,
price is too high. We said, how high? They said,
300,000 metric tons. We said... From where? Argentina already sent
a little bovine diplomacy. Now custom says, eligible nations. That's
comforting to me. Where's the beef? Don't ask where. to
share could be pampas could be ports could have stamps
could have passports you won't care south american mystery ground
into history foreign policy flank state vacuum seal diplomacy rubio
on the oil deal beef
up on the skillet Venezuela's got the crew do they
have brisket screw on southbound cattle northbound wrenches yell slow
down features go downtown media says affordability farmers say betrayal
I just want to know if my hamburger came by
airmail oh Every package will be clearly labeled Product of
Earth. An air tariff repair Structure play Drops 25%. Proud
nosers. Send your cash. Woo! beef surplus may contain traces
of geopolitics in the morning *Dramatic music* In the morning.
The Best Podcast! mofo dvorak.org slash n a dvorak.org