Episode 176

full
Published on:

20th Feb 2026

Current Events: Middle East War Buildup and Epstein Elite Ties (Full)

Jerremy Alexander Newsome and Dave Conley talk from Reno Airport about rising global tensions and the largest U.S. military buildup in the Middle East in 30 years. They call it a war of choice connected to oil, defense stocks, and political failure. They move to the Epstein network, urging financial and legal consequences for elite associations. They also address glyphosate production, illicit money flows, predictive markets as gambling, national debt, and why human connection counts in an AI-driven economy.

Timestamps:

  1. (00:00) Hosts record live from Reno Airport – current events kick off amid global tensions
  2. (00:19) The largest U.S. military buildup in the Middle East in 30 years – another war of choice connected to oil, defense stocks and political failure
  3. (01:49) Oil prices move with military tensions – patterns of war profiteering emerge
  4. (02:57) War costs go beyond immediate – veterans feel the impact
  5. (05:28) National debt climbs with war and rebuild costs – Gaza adds to the burden
  6. (11:16) Epstein network evidence implicates major elites – financial and legal consequences needed now
  7. (13:42) Elite financial crimes require real accountability – time to act
  8. (22:26) Follow the money to uncover illicit flows – path to real accountability
  9. (26:56) Recent glyphosate production boosts create contradictions – with broader health aims
  10. (30:05) Black pills and white pills offer different views – fighting back is key
  11. (33:48) Civil war scenarios are considered – but hope is still present
  12. (36:03) Mr. Beast highlights post-scarcity ideas – mindset for the future
  13. (40:31) Current economy is more extractive than productive – the divide is clear
  14. (42:10) Predictive markets are legalized gambling – sustaining a market propped by vice
  15. (54:19) Debt and volatility shape the economic outlook – worries in AI and extractive times
  16. (56:55) Prioritize human connection – best investment as systems strain

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Transcript
Jerremy:

Listeners, we are live coming at you from the

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very world famous Reno Airport.

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I'm at Gate B one waiting for the

next four hours for my flight.

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You

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Dave: Ugh.

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Jerremy: to do?

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We know what we need to do.

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We need to update the world

on this current events.

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Dave: Right.

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Jerremy: are some tensions again

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Dave: Again,

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Jerremy: you know, it's politics, right?

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So it's like every single day, every

single week, we got more tensions.

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Obviously Middle East,

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Dave: right?

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Jerremy: nuclear wars.

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This is a

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Dave: Oh yeah.

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OB, obviously,

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Jerremy: Yeah.

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Duh.

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Dave: God.

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Jerremy: So I'm getting a lot

of messages from a lot of my

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military buddies and they're like,

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Dave: yeah.

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What are they saying?

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Jerremy: we're prepping.

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yeah, there, there's a lot of might

being built, and I've read some Ray

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Dalio posts on Twitter recently,

and he's kind of wigging out.

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He's a little scared.

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Dave: Yeah,

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Jerremy: you know, he keeps saying like,

we're in stage six of the world decline,

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Dave: yeah, yeah, yeah.

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Jerremy: from his book, the Fourth

World Order or the Turning Order.

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Dave: Right.

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Jerremy: I mean, it's, it's

might versus might right now.

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These, there's a lot of big countries

that are posturing and they're putting

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big forces on borders, and we are

absolutely doing that right now.

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Dave: We have the largest military buildup

in the Middle East in the last 30 years.

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Like we haven't seen anything like this.

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Like we have mult, multiple aircraft

carriers, Arabian, you know, the Arabian

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Sea, the Arabian Gulf Persian Gulf.

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Mediterranean.

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Okay.

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And why, why, why?

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Why are we doing this?

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Why are we about to, go, go, go in, go in

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Jerremy: it,

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Dave: and

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Jerremy: not gonna

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Dave: another war of choice?

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Another one.

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Why?

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Jerremy: So oil prices are up

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Dave: Oh yeah.

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No kidding, right?

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Jesus.

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Jerremy: that's more profits

for everyone that's in energy.

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Dave: Ah,

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Jerremy: We need more.

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Dude, I don't have, we

don't have enough oil.

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we need some more Dave.

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We only have five teaspoons of

oil and we need a little bit more,

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Dave: but the United States is the

biggest oil exporter on the planet.

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We are completely energy independent.

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Ah,

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Jerremy: over and over

and over all the time.

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Dave: oil.

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Oil really

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Jerremy: mean, oil jumped 5%.

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You

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Dave: of.

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Jerremy: it's, it can, it's in Vene,

the, you know, Venezuela, I mean I

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guess it depends on what price or what

chart you're tracking specifically.

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But it's, it's up

approximately 20% this year,

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Dave: just this year.

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Yeah, yeah,

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Jerremy: Just this, just this first.

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So 20%.

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Not like that stock evaluation.

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Right?

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That's how, that's how the, the

big boys are making their money.

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They know what's going on.

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They

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Dave: sure.

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Jerremy: war stocks, they pile

into, aerospace and defense stocks,

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and we start going to war, and

we turn on the big war machine.

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Guess what?

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Stocks go up.

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War socks.

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Hashtag surprise, surprise.

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Dave: We can't afford this.

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like we, we just finished, another,

another one of our series on guns.

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And we, we came to the conclusion yet

again that the, the fixes for, for

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people, for violence in our streets and.

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is is just a couple of dollars in

comparison to the, the billions and

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billions, trillion dollars going out and,

and steaming all over the Middle East.

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like we don't have the money to do this,

and yet here we are, a war of choice.

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nothing that was actually, voted on.

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No, nobody says that they want to

go and do this, and for no apparent

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reason, like why, why are we doing this?

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I, and, and here's the part that really,

really just makes me angry is we know, you

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and I know in this entire gun series that

that gun violence happens from young men.

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Jerremy: Mm-hmm.

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Dave: men in urban settings, not

being able to work out their stuff.

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and young men, in rural

settings killing themselves and.

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Jerremy: Correct.

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Dave: Those kids that, those

young men that are killing

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themselves, they're veterans.

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And

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Jerremy: yep.

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Dave: here we are, we go into

Venezuela, we go into Iran, we go

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and, and we've, we've blown up more

things in the last year under the

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Trump administration than we have.

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I, I don't know in how long.

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And, we, we, we sit back and we celebrate

all these weirdnesses like with Venezuela.

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And I'm like, okay, so how many troops

did, are we going to lose from this?

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How many troops is it okay to have

them come back with PTSD to have

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them come, back and, and have them

misery of, of, post-deployment?

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How many of them are we

willing to sacrifice?

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And I, I think that that's,

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Jerremy: and the

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Dave: that's the part that

we never ever talk about yet.

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That's what we get saddled with.

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like every single one of these things.

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And I.

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I, it makes me so angry and I,

and I don't know how, we're not

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riding in the streets over this.

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How are we, sitting

back and doing nothing?

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And like I, I look at you and me,

it's like we are doing something

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like we are, we are actively working

in order to change the system.

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And I'm like, how is there not

just torches in the street?

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How are we just like

watching Netflix and chill?

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Why, why Tell me

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Jerremy: yes.

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And not only that, but I mean, we,

we still, we still have not stopped,

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slowed down, paused, or even decreased

fractionally the debt in this country

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Dave: no.

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Jerremy: and.

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I don't know what the end goal of all

the wars is, other than oil, and getting

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the prices of real estate to increase.

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But neither one of those things is

also impacting the next 10 to 15 years.

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That at some point, point,

this bill's coming due, right?

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Like who, who we owe money

to at this point, right?

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Mars?

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Like, is that why we're going to Mars?

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Like, does Mars have a

lien on your, on the earth?

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Are they in first position

the, for the earth?

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because it's, it's very, very wild.

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And at the same time, Trump launched

Board of Peace pledging 17 billion

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Dave: Oh.

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Jerremy: Gaza Rebuild.

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Now, again, I, I'm not, still

so underqualified to even

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discuss Israel Gaza politics.

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still specifically, something

that I'm just not extremely well

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trained in, well versed in, but

my Secretary of State will be.

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but what I can say is $17 billion

is like times more than you would

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need to protect every single

school in this entire country.

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Dave: Yeah.

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Jerremy: I mean, fortress fortifying, we

just had that conversation with Theresa.

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Dave: okay.

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Yeah.

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Board of Peace pledging, and

God, look, people live there.

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Now here's the piece.

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it's like I, I, I, I, I was

watching what they've been saying.

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I, I saw what Kushner was actually,

proposing, and I'm like, okay, great.

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But people live there right now.

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Like they live there right now and

you're talking about putting up condos,

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like are you making them billionaires?

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Are, are you buying them out?

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Like no.

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No, they're not.

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They're just saying, Hey,

we're just gonna go do this.

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We don't care if people

are living there or not.

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It's like, okay, great,

great, great, great.

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It sounds, sounds good.

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And they'll live in a, in a security

state, and it'll be run by, by

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Israel and this board of peace.

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And I'm like, okay, yeah, great.

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I mean, this stuff makes you

crazy because we know that the

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American people don't want this.

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The American people don't want us,

doing this international, intervention.

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We're doing it in Cuba.

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We did it in Venezuela.

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We we're doing it in, I, Iran.

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We we're, we're everywhere.

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Jerremy: a lot of us are good historians.

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Dave: Right.

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Jerremy: We've watched the news before.

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We've at least taken notes and we've

gone wait a minute, every single time.

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It hasn't worked out great.

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Dave: Not once, not once

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Jerremy: like those have been a

time where it was like, yeah, that

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was actually, really productive.

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I'm glad we did that.

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There hasn't been, and I think

that's the other thing is that

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that's why most Americans are like,

no, we shouldn't be doing this.

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yeah, we are.

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Dave: the young men and young women

who were in Gulf War I and in Gulf Wari

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are now running the Pentagon, right?

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Jerremy: Yeah.

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Yeah.

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Dave: So, they didn't learn their

lesson either, like, great, like

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all of our leadership are the

ones in the Pentagon right now.

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Were the ones in these

foreign wars, and they failed.

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Like, like let's be real.

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there's this diffusion of

responsibility that makes me crazy.

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Yes, we can stand up and

say, Hey, support our troops.

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And I'll definitely

say, support our troops.

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Yet our military is fundamentally broken.

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and the military will point at the

politicians, say, the politicians

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didn't give us what we needed.

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And I look at these record, every

year there's another giant pile

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of cash that goes to the military.

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And yet again, all we've managed

to do is destroy another country.

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Like nobody is going to Iraq for vacation.

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Like that place is broken.

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We broke it.

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We broke Afghanistan, we

broke Libya, we broke Somalia.

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I mean, we were just talking

about Somalia, with all of the

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craziness that was there, the,

the, in Minnesota we did that.

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Like that was us.

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this is what Black Hawk down was.

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I mean, like results matter.

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I, it is like

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Jerremy: I'm

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Dave: what?

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Jerremy: our listeners because

I'm just looking at your face

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and your face is just wondering.

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Bewilderment, pure bewilderment.

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We already had a movie.

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We had a

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Dave: we've, we've had

multiple movies on this.

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Jerremy: Yes.

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Dave: It didn't work out.

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Like none of this has worked out.

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Results matter.

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And so we already know that the US

military is not functioning like,

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like bottom line, not functioning.

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Six months ago, we, we said,

operation Midnight, hammer completely

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wiped out, the I Iranian, Iran's

capabilities to do anything, right?

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Fantastic.

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Six months ago, and now, six months

later, we are, we, we are spending

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how many billions of dollars every

single day to, to sit in a third

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of the US military, just, just to

park it halfway around the world.

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Fantastic.

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So, so either we were lied to by

the military then, or we're being

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lied to them today, by them today.

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So I'm, I'm like, which one?

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Jerremy: months ago, everything

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Dave: Six months.

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Oh, we

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Jerremy: care of.

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Dave: fixed it.

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All done.

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Jerremy: all the bombs are gone.

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And we, we took care of that.

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Dave: All done.

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Jerremy: deal.

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Dave: Yeah.

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Jerremy: no.

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We, we forgot some.

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Our bad, we, we thought bad intel,

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Dave: I

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Jerremy: didn't,

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Dave: know.

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Jerremy: one through.

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Yeah.

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Dave: politicians don't feel

like they're working for us.

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The military doesn't feel

like they're working for us.

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They're working for,

for the powers that be.

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And those aren't us.

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Those are the Epstein glass.

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That's, that's who they're working for.

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Jerremy: Uh oh.

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Dave: Uh oh.

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Jerremy: Well,

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Dave: Working, working

for the Epstein Glass.

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Jerremy: Well, I mean, so there's

some, there's some actual videos now

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Dave: Oh.

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Gross.

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Jerremy: and photos

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Dave: Ugh.

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Jerremy: and some actual,

relatively, relatively tangible

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evidence that's starting to appear.

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and the Epstein network, like the,

the cracks are starting to show up.

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did you watch any of

the Wexner testifying?

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Dave: No, no, I didn't.

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I mean, it's just I that, that

he's breathing free air is the

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disgusting part of this, like that.

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Every single one of these people forever

more like the right answer is this,

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that every person that was involved

with this person, whether it's Trump

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or Peter, Peter Atia, or L Lunik,

or Lex Wexner or Bill Gates or, or,

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Elon, all of them, all of these monsters

that knew this was monstrous, like

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forevermore, just strip them of their

wealth and throw them into a pit.

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Like they're, it's like this,

this group does not believe

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that any law applies to them.

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So I believe that we need to be

taking lawless action against them.

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I'm, I'm sort of done with rule of

law since it doesn't apply to them.

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Oh, wow.

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I am in, I'm in a surly mood tonight.

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Jerremy: yeah,

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Dave: Okay.

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Jerremy: For our listeners,

it's 9:00 PM West Coast.

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My boy, Dave has been thinking about

this all day, getting fumed up.

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the, the British police.

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Dave: thank God.

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Jerremy: they arrested

former Prince Andrew

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Dave: Yeah.

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Jerremy: on abuse suspicion.

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Please,

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Dave: They're, I, they're actually doing

stuff like, like it's threatening to

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pull down their, their entire government.

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Like they are, they are

putting people in jail.

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They are really examining these things.

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I'm like, that's a

functioning democracy, right.

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Jerremy: any

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Dave: know, France is, is

picking up, there's a number of

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countries that are like Ohoh.

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Yeah.

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We're, we're gonna actually

throw some people in jail that

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works in the United States.

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People are going, eh,

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Jerremy: It's

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Dave: no, no big deal.

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Which means that you at, we now

need to just refer to everyone

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who's ever had any kind of

association with this mess as well.

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Okay, you're a, a cannibal,

uh, baby fucker is what you

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are until proven differently.

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Jerremy: Yeah.

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Dave: like how do we get rid of you?

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And I don't know if there, and I, I'm

telling you, if you were in charge

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of this, I mean the first thing

I would come to you and say, Hey.

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All of these companies that are,

are, uh, associated with this.

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You know, what was the, the, uh,

chairman of, uh, Hyatt, right?

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He stepped down like the other day.

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It's like, oh no.

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Every single one of these companies

that is involved with this, that are

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being run by these monsters, we are

gonna put a pause on them trading.

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It's like we're gonna call the SEC and

be like, okay, we stop your company

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until we can do a full investigation

of you and your officers to make

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sure that you're not monsters.

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Because part of being a public company

is that you have to have even like the

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smallest bit of, uh, of, of discretion

that you are acting in the best

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interest of your stockholders, right?

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And of the company.

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And for your stockholders.

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If you are eating children,

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Jerremy: decency

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Dave: it.

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Jerremy: yeah, or, or just public decency.

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Dave: Right?

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Jerremy: Yeah.

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Like, exactly.

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Oh, wait a

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Dave: So you just pause all

these companies like JP Morgan,

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pause, you know, like Hyatt,

pause all, pause, pause, pause.

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Like you just stop them trading and be

like, Hey, you can still run your company.

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We just, we're, we're going to, we're

just gonna stop you from trading

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stock right now, because right now,

you know, it's like things are weird.

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We're gonna do an investigation.

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We, you can certainly start trading

again in maybe six or eight months

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once we go through all your books

and make sure, and if not, then yeah,

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we, we, we liquidate the rothchilds,

uh, uh, and all of, and all of it.

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And we, we, we give it to the victims.

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And, uh,

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Jerremy: There we go.

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Dave: here's the piece that

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Jerremy: There's some

solutions right there.

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Dave: well, I, and I'm hyperbolic

because I know nobody would ever do

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this, but let's, let's take away the

salacious, you know, horrible demonic

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part of this and go on the other

side of this, of just the pure money.

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Uh, be, you know, be.

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The Peter Thiels, the Elon's, the the,

um, uh, Lud, Nicks, the, the, you know,

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the, the billion, the, the billionaires

and, and ultra high net worth individuals.

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And the politicians that were involved

in this were insider trading, and

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they were functionally stealing from

you and from me for 30 or 40 years.

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Jerremy: Mm-hmm.

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Dave: Uh, they were trading on

things that we do not have access to.

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They were doing things and they were, they

were toppling countries and benefiting

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from them in an unprecedented scale.

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And this is just Jeffrey Epstein.

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There are thousands of these

monsters all over the planet.

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I, I know because I've met them, right,

that are doing this all the time.

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They are making money

that you and I can't do.

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That is theft.

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And I, I'm just like, that's,

that's the piece that that, that

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every single American should look

back, look at, and be like, okay.

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Yeah, absolutely.

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Morally depraved, criminal monsters.

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And oh, by the way, day in and day

out, they were stealing your money

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Jerremy: Just FYI

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Dave: and not paying taxes on it either.

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You know, it's like not only

that, they won't pay taxes

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on the money that they stole.

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Ah,

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Jerremy: it's not even, yeah,

it is not being reported.

398

:

I mean, I will say this like,

Hey, I'm, I'm glad that the,

399

:

uh, the Epstein files came out.

400

:

Dave: yes.

401

:

Jerremy: was we, we were all

pushing for, everyone wanted it.

402

:

Dave: Thank you.

403

:

Jerremy: And it did,

it, it, it's happening.

404

:

And the internet took it by storm

and dude, you will get no other

405

:

recommendation from me than 100%.

406

:

You found, you're found

guilty of pedophilia.

407

:

I We couldn't find a whole

408

:

Dave: No,

409

:

Jerremy: to throw you into.

410

:

Dave: no.

411

:

Jerremy: Yeah, yeah.

412

:

Sorry.

413

:

Dave: Ah.

414

:

And

415

:

Jerremy: Bye.

416

:

Dave: then all the people who are

protecting them from the cash patels

417

:

to the, you know, the Bondy's and all,

all of these people are like, oh, no,

418

:

no, no, there's nothing to see here.

419

:

Well, there's a special

place on hell for you.

420

:

You know, like, that's,

that is, no kidding.

421

:

Jerremy: Correct.

422

:

Correct.

423

:

It's a lot ma'am.

424

:

There's a lot going on

425

:

Dave: What do you think, I mean,

what do you think realistically

426

:

could happen from all of this?

427

:

I mean, like right now it's, it's, we're

gonna throw, uh, you know, wars and,

428

:

and, and UFO disclosures at people.

429

:

And, uh, like, I don't think the American

people are gonna forget this one.

430

:

Like, I think that the, the Epstein

thing will be a constant drum beat.

431

:

And until we get heads on pikes, you

know, like nobody's, nobody's gonna

432

:

let go of this one, this one hits,

you know, I think so many people,

433

:

that's what I think's gonna happen.

434

:

Jerremy: good.

435

:

Don't let go of it.

436

:

Um, well man, here's the, you know,

tin foil hat for, for 35 seconds.

437

:

Dave: it.

438

:

Jerremy: Maybe not, maybe

not even tin foil hat.

439

:

Maybe just if, if we sit

down for a hot second

440

:

Dave: Yeah,

441

:

Jerremy: The most powerful

person on earth arguably right.

442

:

Donald Trump.

443

:

Dave: I thought you were

gonna say Jamie Diamond.

444

:

Jerremy: Both of them,

445

:

Dave: Oh, right,

446

:

Jerremy: have not only affiliated

with but have photos, emails,

447

:

Dave: yeah.

448

:

Jerremy: airplane.

449

:

Like they went there

450

:

Dave: Yeah.

451

:

Jerremy: more than once

and okay, what the, what?

452

:

and everyone's like, yeah, yeah, yeah.

453

:

No, it's, it's, it's whatever.

454

:

He's just the president.

455

:

It's like, it's, it's not

that, you know, whatever.

456

:

He's in office and, you know, he was

convicted of a couple felonies, but, you

457

:

know, we're, we're pushing past that.

458

:

And they're like, oh, you know, he also

had like this sex offense, uh, from a

459

:

porn star that made all these claims

that, you know, got paid out in court.

460

:

And it's like, you know,

it got swept under the rug.

461

:

It's not, that's not that big of a deal.

462

:

And then you start seeing more and more

and more, um, pretty tangible, right?

463

:

Like.

464

:

I actually have evidence and we all have

evidence when we're looking at evidence.

465

:

We're looking at past

historical evidence and records.

466

:

And he's still in office?

467

:

Dave: Yes.

468

:

Look, and this wasn't a surprise

to anybody because like, like,

469

:

like a conviction of pedophilia

happened in like what,:

470

:

And people were still

like, Hey, how you doing?

471

:

I mean, like, this is.

472

:

Elon, uh, uh, Reid Hoffman,

Peter Thiel, Larry Summers,

473

:

uh, Steve Bannon, Jason Calis.

474

:

I made him Rich, and here he is,

um, bill Gates, Noam c Choky, uh,

475

:

Deepak Chopra, like Peter Atia.

476

:

These people are absolute

degenerate monsters.

477

:

They, they knew, they knew it.

478

:

It was, it was public.

479

:

He was, he was in jail for pedophilia.

480

:

He got out on the sweetheart deal and

they were like, Hey, how you doing?

481

:

Let's go grab lunch.

482

:

Come on.

483

:

Jerremy: Yeah.

484

:

Dave: They knew,

485

:

Jerremy: wild.

486

:

And that's, and, and I, I'm with you, man.

487

:

I do, I, I, I do believe in hope

that it's kinda like a drumbeat

488

:

of America where it's like, we

need to, we need to do better.

489

:

Dave: yeah.

490

:

Jerremy: We need, we

need to do a lot better.

491

:

There needs to be some level of uprising

is both powerful, caring, loving,

492

:

and useful, and actually forceful

enough where we start creating the

493

:

change is needed from the ground up.

494

:

you, you, you hear all the

time, these are the two best

495

:

candidates we have for president,

496

:

Dave: Oof.

497

:

Jerremy: right?

498

:

And you get these, these two people, and

the two people are the ones that vote.

499

:

And it, it all stems from do you have

enough money, do you have enough media?

500

:

Do you have enough attention?

501

:

Dave: Yeah.

502

:

Jerremy: Like why can't we get so

much more exposure and conversations

503

:

Dave: Right.

504

:

Jerremy: and, and discussions over

more multiple candidates so that

505

:

we actually do feel like we truly

have a choice because we elected.

506

:

Into office and the president

of the United States of

507

:

America, a likely pedophile.

508

:

And everyone's like,

509

:

Dave: Yeah.

510

:

Whatever

511

:

Jerremy: sucks.

512

:

That sucks.

513

:

It's not good.

514

:

Dave: I, I think,

515

:

Jerremy: as of the nation as we

516

:

Dave: right, right,

517

:

Jerremy: is the number one consumer

of child sex porn and child sex

518

:

slavery and human trafficking,

519

:

Dave: right, right, right.

520

:

Jerremy: a large margin.

521

:

Dave: Yeah.

522

:

Jerremy: So the, the, it's hard to

calculate exactly, unfortunately, but

523

:

it's very, very close to 300 billion a

year now is in just human trafficking,

524

:

Dave: Here.

525

:

Jerremy: billion a year.

526

:

And of that 300 billion, the United States

is responsible for 150 billion, half the

527

:

entire world's human sex trafficking.

528

:

America is responsible for half of that.

529

:

Dave: Right.

530

:

Jerremy: That's just de degeneracy.

531

:

That's just

532

:

Dave: Slavery.

533

:

Yeah.

534

:

Jerremy: is absolutely.

535

:

Dave: Mm-hmm.

536

:

Jerremy: The

537

:

Dave: Here's,

538

:

Jerremy: 9:30

539

:

Dave: here's what I would like to hear

for, I, I, I think how we approach, like

540

:

the war on drugs or all of these issues

with the Epstein or, I, I mean just all

541

:

of our social ills, from, immigration

reform, on and on and on and on.

542

:

One of the things I appreciate so

much about you is that you understand

543

:

money, like most people understand.

544

:

Breathing, right?

545

:

Like, money and you know how it works,

the ins and the outs, you understand it.

546

:

And I don't hear anybody saying, okay,

well if we really wanna solve drugs, and

547

:

illegal drugs and is like for the cartels,

we need to make money worthless for them.

548

:

Like

549

:

Jerremy: Hmm.

550

:

Dave: billions and billions of dollars

don't, they don't, they don't take

551

:

stacks of a hundred dollars bills

and take them across the border.

552

:

Like they don't have tractor

trailers full of hundreds going,

553

:

billions and billions of dollars.

554

:

That doesn't happen.

555

:

Sure, some actual physical cash is

moved, but what actually happens is

556

:

that money is just deposited and pumped

into the US system, US banks, and then

557

:

they're, they are shuttled around to,

UAE, they're, it's laundered through

558

:

the international, monetary system.

559

:

And it pops out into some, legal

company and then it's completely washed.

560

:

If actual money, US dollars is taken, out

of the United States, same, same, right?

561

:

Like it's, it's stuck into a bank

somewhere and it's, then it's shot all

562

:

over the globe into all these banks

from the Cayman Islands to the UAE,

563

:

to Switzerland, to the United States.

564

:

If you wanna hide money, you

take to the United States.

565

:

So like, the money's here,

the money's traceable.

566

:

Let's make money worthless

for these people.

567

:

And if we make money worthless,

and if we actually go after the

568

:

people for the money side of this,

that's the big interest, right?

569

:

If you are, like if you

wanna stop people from, doing

570

:

something, take away the money.

571

:

Like these people in Epstein,

they do not fear death clearly,

572

:

but they do feel being poor.

573

:

Jerremy: Yeah.

574

:

Yeah, it's a great point.

575

:

It's a great point.

576

:

And number one, thank you for

the compliment, but number

577

:

two, are 100% correct, right?

578

:

That's, that's the big situation and

it, it is very easy to get and feel

579

:

overwhelmed when you start looking

at the giant smorgasbord of all

580

:

the problems that are enveloping.

581

:

Not only this nation, but the world

and globe and, and the monetary system

582

:

and the financial system and the

policies and like what the depriving

583

:

of the, the people do and use, and.

584

:

It's one of those things where,

again, at some point you have to

585

:

take a really, really deep breath

and go, all right, which portion

586

:

of this can we actually solve and

can we actually, ascertain to fix?

587

:

Dave: Yeah,

588

:

Jerremy: I really like that

perspective, man, to make it, make

589

:

it more traceable, make it more,

difficult to wash illegal money.

590

:

Dave: yeah,

591

:

Jerremy: I mean, it's,

it's pretty easy to do,

592

:

Dave: yeah.

593

:

Jerremy: in

594

:

Dave: it's at huge scales.

595

:

Jerremy: how to do it,

596

:

Dave: It's not difficult.

597

:

and, and like we know right now,

today, there were millions and

598

:

millions of dollars that were,

that were made, on selling, selling

599

:

cocaine in New York City, to bankers.

600

:

And then that money

was put into a US bank.

601

:

We knew that.

602

:

We know that that happened today.

603

:

and yet, eh, everybody's

like, yeah, whatever.

604

:

But if the CEO of Citibank, the CEO

of, of, of Barclays, the CEOs of

605

:

these companies and their officers

had to certify that their money

606

:

didn't come from illicit sources.

607

:

And if it did, then

they are going to jail.

608

:

Guess what?

609

:

All of it stops.

610

:

It stops that day.

611

:

Jerremy: Yes.

612

:

And that doesn't happen.

613

:

Dave: No, no.

614

:

They pay small fines.

615

:

I mean, that was part of

the Epstein thing, right?

616

:

it was, oh, who was the

big investment house?

617

:

Ah, it'll occur to me.

618

:

But like one of the inve, big, big

investment houses in, British Virgin

619

:

or the Virgin Islands was like, ah,

they paid like a few million dollars.

620

:

I mean, like, this was pocket

change for one of the executives.

621

:

Like, oh, let me, let me

go find it on my couch.

622

:

Right?

623

:

Oh my God.

624

:

Come on.

625

:

Jerremy: Oh dude, it's wild.

626

:

Dave: No, send them to jail.

627

:

make them poor.

628

:

Jerremy: up.

629

:

Dave: this is a poor poverty in

general, and you only have to

630

:

take a few of them and that will

they, they will all snap too.

631

:

Jerremy: Yep.

632

:

Dave: Take down a few.

633

:

Ugh.

634

:

What else is going on?

635

:

Jerremy: Yeah, but I'll say probably prob,

probably no easy way to segue from there.

636

:

but, of, one of your slash our slash

my favorite movements that was really,

637

:

we were pretty pumped about, some.

638

:

Idio cra sees attached to it.

639

:

Dave: Hmm?

640

:

What's that?

641

:

Jerremy: Maha

642

:

Dave: Uh oh.

643

:

Jerremy: hit hit a big

immediate contradiction.

644

:

So Trump ramped up glyphosate production.

645

:

Dave: Oh,

646

:

Jerremy: an executive order defense

production act to boost roundup output.

647

:

What

648

:

Dave: oh

649

:

Jerremy: do

650

:

Dave: c

651

:

Jerremy: like

652

:

Dave: come

653

:

Jerremy: which is a huge win for Monsanto.

654

:

Dave: on.

655

:

Jerremy: and our boy, unfortunately,

RFK hasn't been like, I know.

656

:

Yo Trump.

657

:

WTF homie.

658

:

Dave: No, he just came out and

said, ah, everything's fine.

659

:

Right?

660

:

I mean, I, I, I think I saw this.

661

:

He was like, oh, don't,

don't worry about it.

662

:

Like, this is the number one thing for the

Maha crowd is, is glyphosate number one.

663

:

This is the number, this

is yet another one, right?

664

:

Like the, the Jeffrey, the Epstein

and Epstein files, number one for, a

665

:

lot of the, the MAGA faithful, I've

been talking about it for years.

666

:

Glyphosate for the Maha crowd.

667

:

Number one, been talking

about it for decades.

668

:

Who did we have on, Honeycutt, right?

669

:

Jerremy: Yep.

670

:

Dave: she was fantastic and she, she's

built, an entire movement around this.

671

:

And she was so excited about,

about, and this is like the

672

:

biggest middle finger ever.

673

:

You can't, I, I heard,

RFK on, on, Theo Vaughn.

674

:

And, they, they actually talked about it.

675

:

And, like RFK made his mark by

suing Monsanto over glyphosate.

676

:

like that he, he did that, right?

677

:

Like that was part of his thing.

678

:

And he said, yeah, we're working on it.

679

:

We're working hard with the

Department of Agriculture.

680

:

And he said, one of the issues is

that just how we do farming in the

681

:

United States, the row farming, they,

they need it in order to actually

682

:

like do that style of farming.

683

:

And we're trying to figure out

other ways to do that farming.

684

:

And I'm like, fantastic.

685

:

But now this is not only that.

686

:

This is like, Hey, let's

ramp up production of it.

687

:

Oh,

688

:

Jerremy: it up.

689

:

Dave: no,

690

:

Jerremy: We ain't, we ain't

691

:

Dave: no.

692

:

Like, we, we know the cancer it causes,

we know how it destroys the soil.

693

:

We know how it destroys human beings.

694

:

But let's do more of this.

695

:

Come on.

696

:

Jerremy: let's not do it.

697

:

Let's not spend money on researching new

alternatives or let's just do more of it.

698

:

Dave: Why,

699

:

Jerremy: The word ramp up too, it's just

700

:

up.

701

:

What are we doing?

702

:

Why do we have so little round up?

703

:

Let's get more of it.

704

:

Dave: why I, I, did I start this with

going, why, why are we going to Iran?

705

:

Why are we doing Monsanto?

706

:

Why, why, why don't we have heads on

Pikes with, with, with, with Epstein?

707

:

Like, why?

708

:

It's a lot of whys.

709

:

I, I think it, it came out in the

interview and the interview's gonna

710

:

be posting, next week, with, Parisa.

711

:

And, I, I talked a little bit about.

712

:

How I think you can fall into

this black pill place of just

713

:

nihilism, of just like, oh my God.

714

:

like, like the, the political class,

the Epstein class, every, everybody at

715

:

the, the, the giant corporations, like

nobody's looking out like just a tenuous

716

:

democracy, like democracy and name only.

717

:

And, and then you can look, have

sort of like the white pills,

718

:

like, oh no, everything's kind

of great and, we'll be fine.

719

:

And, don't, don't worry about

the entire world burning down.

720

:

And I think, a gray is really where we're

at, which is, it's both of those things.

721

:

It's like we have to be optimistic

and we have to fight like hell.

722

:

We have to fight like

hell in our communities.

723

:

We have to fight like hell

with our, with our, our locals.

724

:

we have to fight like

hell with our politicians.

725

:

Be like, this is unacceptable.

726

:

Unacceptable.

727

:

Jerremy: yeah.

728

:

This is what we have to do.

729

:

We have to, we gotta start, creating more

of a storm and more of a controversy and

730

:

more of a conversation around it, which

is, hey, that's exactly what we're doing.

731

:

And there's tons of other

incredible people that are

732

:

doing the exact same thing.

733

:

Dave: Yeah,

734

:

Jerremy: it's just something that we

just need to keep, we need to keep

735

:

pushing it so that more people here, more

people listen, more people are aware, so

736

:

that the conversation can grow bigger.

737

:

Because that's the, the actual chains

that will be created is a small

738

:

community of like-minded individuals.

739

:

Those are the ones that come together

and actually create the chains.

740

:

They, they actually create the

reform that create the shifting.

741

:

Dave: so Trump got swept up into the White

House by being a populist, and I mean, he

742

:

got record young voters for Republicans.

743

:

he came in saying, I've got a mandate.

744

:

And indeed, like a lot of people voted.

745

:

with the idea that, this is going

to be the peace president who are

746

:

gonna get us out of all these wars,

which we've gotten out of none,

747

:

Jerremy: curbside

748

:

Dave: 'em up, that this would

be great for the economy.

749

:

And I'm like, I don't know about that.

750

:

If I hear one more tariff going

on, I'm just gonna lose it.

751

:

and that, that this, that we were gonna

make America great again, and yet we're

752

:

not doing anything in the United States.

753

:

We're doing everything abroad.

754

:

So like, it's been one lie after another.

755

:

And, I I feel like the, it's just

gonna be the biggest shellacking in the

756

:

midterms, that they're going to get.

757

:

The issue that I've, I find is that

the Democrats aren't any better.

758

:

like, like the, the Republicans have

let down than Trump administration has

759

:

let down the populists, like the, the

human beings in the United States and

760

:

the Democrats aren't picking it up.

761

:

like we're still saddled with them.

762

:

like there are maybe four or five

Democrats who are against invading

763

:

another country, and, and then like

Massey and, and Hanana and like, some

764

:

of my favorites are out there being

like, no, we've gotta vote on this.

765

:

Like, we can't just invade another

country, like it's in the Constitution.

766

:

And yet none of the like constant,

none of, none of these Tea Party

767

:

constitutionalists that I've been

hearing, bitching and moaning for the

768

:

last 20 years are even, saying anything.

769

:

it's like, oh, they are not pulling out

their pocket constitutions now, are they?

770

:

No, none of it.

771

:

so, like the Democrats aren't picking

this up, but I feel like they're going

772

:

to feel like they have a mandate because

they're going to be handled the mantle of

773

:

power in the Senate and Congress because

the Republicans are doing so poorly.

774

:

So what.

775

:

What do you think happens out of that?

776

:

Because, the Americans are going

to be fickle again, because, the

777

:

government's gonna grind to a halt.

778

:

There's just gonna be a lot of

screaming and pointing fingers

779

:

and nothing's going to get done.

780

:

Right.

781

:

This leads to a very, then, then

we're gonna have to listen even

782

:

closer to Ray Dalio, how we're closer

and closer to our own destruction.

783

:

Jerremy: Every day.

784

:

Yeah.

785

:

I mean, it's,

786

:

Dave: So what do you think happens?

787

:

What do, what do we do?

788

:

Jerremy: what

789

:

Dave: What, what are, what

are your thoughts on all this?

790

:

Jerremy: I mean, one very

unfortunate and ex extremely

791

:

realistic, outcome is civil war.

792

:

Dave: Yeah, but what does that look like?

793

:

I, I hear you and I, and I hear it on, on

my podcast, like very reasonable podcasts.

794

:

where they're like, oh my God.

795

:

Jerremy: reasonable.

796

:

And what happens is, like you

start getting certain people

797

:

that don't have a voice,

798

:

Dave: Yeah,

799

:

Jerremy: have a lot of military training

800

:

Dave: yeah,

801

:

Jerremy: have a lot of guns and they have

a lot of people around them that like them

802

:

Dave: yeah.

803

:

Jerremy: big influence and they

go, go take down the capitol.

804

:

Let's take down the government.

805

:

Let's go take down the right.

806

:

And they start finding pockets of people.

807

:

They're like, yeah, I'm, I'm bored.

808

:

I have nothing else to do.

809

:

that's kinda how it starts.

810

:

And I feel really terrible right now

about not knowing the name of that movie.

811

:

I sent it to you once.

812

:

I was like, don't watch this.

813

:

Whatever you do.

814

:

Dave: Which one?

815

:

I think it was called

Civil War, wasn't it?

816

:

Jerremy: I, it might might've been the

actual name of the, it might've been

817

:

called Civil War, but it was like,

818

:

Dave: The photographer one?

819

:

Jerremy: yeah,

820

:

Dave: Yeah, yeah, yeah.

821

:

That's called Civil War.

822

:

Yeah.

823

:

That thing's bonkers.

824

:

Jerremy: but it, it wa it is

825

:

Dave: Yeah.

826

:

Jerremy: comma

827

:

Dave: Yeah.

828

:

Jerremy: Semicolon.

829

:

And I'm like,

830

:

Dave: You could see it.

831

:

Jerremy: like

832

:

Dave: Yeah.

833

:

Jerremy: the most unrealistic thing

I've ever heard of though, either.

834

:

Dave: Yeah, yeah, yeah.

835

:

Yeah.

836

:

Jerremy: Number two is the movie

that, Julia Roberts was in that

837

:

Dave: Oh God.

838

:

Yeah.

839

:

yeah.

840

:

Yeah.

841

:

Jerremy: other countries go.

842

:

Hmm.

843

:

America's a bunch of fat, obese

844

:

Dave: Yes.

845

:

Jerremy: morons who hate each other and

846

:

Dave: Yeah.

847

:

Jerremy: divided.

848

:

Let's divide them even more by

849

:

Dave: Right.

850

:

Jerremy: random propaganda internally

851

:

Dave: Yeah.

852

:

Yeah,

853

:

Jerremy: rats eat themselves

854

:

Dave: yeah, yeah, yeah.

855

:

Yeah.

856

:

Jerremy: into nothing.

857

:

Alright.

858

:

Those are both, think.

859

:

Yeah, unfortunately, a realm of actual

possibilities, the one that I try

860

:

my absolute best on a daily basis to

lean into the most is you get certain

861

:

people with certain influences,

with certain followings, and we come

862

:

together and we say, let's actually

be a little different this time.

863

:

And let's be transparent.

864

:

Let's be kind, let's be aware, and

let's actually remarkably create change.

865

:

And although he'll never listen

to this podcast, I will give

866

:

one person a ginormous shoutout.

867

:

who is Mr.

868

:

Beast?

869

:

AKA Jimmy.

870

:

And dude, has, has created a, a cheat

code where he uses the populace and

871

:

entertainment to make a bunch of

money, and then takes that money and

872

:

funnels it into more entertainment.

873

:

But.

874

:

The entertainment is good entertainment

that also creates a very, very, not

875

:

only replicatable, but extremely

net positive impact on people.

876

:

Dave: Yeah.

877

:

Jerremy: example, his bars.

878

:

Bro comes out and says,

Hershey candy bars suck.

879

:

Dave: Mm-hmm.

880

:

Jerremy: Who likes Hershey's?

881

:

No one

882

:

Dave: Yeah.

883

:

Jerremy: publicly traded company.

884

:

Publicly massive.

885

:

Now, granted they own a bunch of

other chocolates other than Hershey's,

886

:

but they are a conglomerate.

887

:

They're huge, and their cocoa is,

uh, you know, not sourced well,

888

:

uh, they have child labor that

889

:

Dave: Oof.

890

:

Jerremy: other countries, right?

891

:

They're underpaying their, I mean,

they have indentured servants

892

:

or slaves in other countries

893

:

Dave: Ugh.

894

:

Jerremy: all the, yeah, yeah.

895

:

All the, the bottom end, everything

that funnels up into Hershey's.

896

:

Dave: Gross.

897

:

Jerremy: And he goes, here's what

we're gonna do, is we're just

898

:

gonna do that entirely differently.

899

:

Dave: Hmm.

900

:

Jerremy: we're gonna pay

everyone a livable wage.

901

:

they're gonna be paid.

902

:

Well, we're going to only out, we're

only gonna source the, the finest, the

903

:

best, the most, so on and so forth.

904

:

I'm gonna charge a little bit more,

905

:

Dave: Yeah.

906

:

Jerremy: and it's gonna

be flipping delicious.

907

:

And guess what it is?

908

:

Dave: Hmm.

909

:

Jerremy: called, they're called feasts,

and they're sold Walmarts, t TJ Maxx,

910

:

Dave: Love it.

911

:

Jerremy: I mean, yeah, they're sold.

912

:

Dude, the candy bar is amazing.

913

:

Dave: Hmm.

914

:

Jerremy: really, really good.

915

:

Dave: All right.

916

:

Jerremy: so, so that's just an example

of one young man in his, mid twenties,

917

:

late twenties, took it upon himself to

go, let me make a whole bunch of money.

918

:

I mean, he's drilled like

5,000 wells in Africa.

919

:

Dave: Amazing.

920

:

Jerremy: he's, he's, he's given

sight to over 50,000 people in India.

921

:

Dave: Crazy.

922

:

Yeah.

923

:

Jerremy: blind.

924

:

Yeah, yeah.

925

:

Through like, just

paying for the surgeries.

926

:

And he said, Hey, I'm

gonna have people watch.

927

:

The, the stories of these individuals

and them watching the stories of the

928

:

individuals is gonna create more revenues

that I can pay for the surgeries.

929

:

I mean, it's just really

remarkable what he did.

930

:

So saying all that to say, you

still have this, what I call

931

:

post abundance mindset, right?

932

:

The post scarcity mindset.

933

:

It's very easy to fall into and it's

very real and it's very tangible and

934

:

it's right in front of our faces.

935

:

And that post scarcity world is one

of anger, is one of desperation,

936

:

is one of depression is one

of anxiety, it's one of fear.

937

:

And it's so right in front of

our face every single day because

938

:

we're plagued with it and our

leaders, our pedophiles, now

939

:

Dave: God.

940

:

Jerremy: the post abundance world

941

:

Dave: Yeah.

942

:

Jerremy: is just simply one where

you have the exact antithesis

943

:

of everything I just mentioned.

944

:

And you have people that do not have

any skeletons that say, here's who I

945

:

am, here's all the bad things about me.

946

:

Dave: Yeah.

947

:

Jerremy: Right?

948

:

Like, like me, I can't smell at all.

949

:

So unless I get some type of corrective

surgery that I have tried to get but

950

:

didn't work the first time, I can't smell.

951

:

Is that a bad thing?

952

:

I don't know.

953

:

Probably.

954

:

But there's probably some benefits and

there's probably some net negatives.

955

:

But ultimately I can share that

with people because I don't

956

:

really have anything to hide.

957

:

You start going down this list of

here's all the bad things have done.

958

:

Here's all the good things I've done.

959

:

Here's here, here's actually

who I am as a human.

960

:

And you start interacting with

other people, remembering that we

961

:

are actual humans with families

that we care and we love.

962

:

We wanna reproduce and we want to feel

and see and know and touch a world that is

963

:

governed by God and by love, and by hope,

and by optimism versus fear and greed.

964

:

And that's what's happening right now

965

:

Dave: Yeah,

966

:

Jerremy: in that world that is

controlled by fear and greed.

967

:

the only way to shift it as you start

elevating the consciousness and the

968

:

conscious awareness and the energetic

beings of enough humans on this earth.

969

:

And as that vibrational change

globally starts to shift, more

970

:

people awaken to the fact that

this is not the right way to live.

971

:

how I feel.

972

:

Dave: powerful.

973

:

Jerremy: that's the only way,

that's the only way to make it

974

:

happen in my, in my current opinion.

975

:

and then of course you have aliens,

aliens could solve this problem, right?

976

:

we get Will Smith, we get the 4th

of July, we get some Independence

977

:

Day and, aliens come back to

Earth to finish what they started.

978

:

I don't know.

979

:

There's a lot of possibilities.

980

:

Dave: I, I've been seeing you, it's

been developing as you know, you and

981

:

I have been talking last few months.

982

:

Really my worldview dropping into

kind of just, four quadrants.

983

:

Is it?

984

:

Something extractive or productive?

985

:

Is it an extractive, part of the economy

or is it a productive part of the economy?

986

:

Are you doing something that's extracting

or are you do doing something productive?

987

:

For instance, like gambling is extractive.

988

:

Most of Silicon Valley

is completely extractive.

989

:

They're just sucking your, your

time and attention away from you.

990

:

there, like there, there are,

wall Street is all extractive.

991

:

like the, there's, like where, look for

the people and the companies and the

992

:

organizations that are being productive,

meaning that they're making a good and a

993

:

service that is actually doing something

in the world that you are, you are moving

994

:

atoms, you're not moving electrons.

995

:

And then is something human or anti-human.

996

:

And like the, the worst

part of that quadrant is the

997

:

anti-human extractive, economy.

998

:

And that is, I mean, that's straight

up, the, the Facebooks and the

999

:

Instagrams, and, social media, it's,

:

00:41:38,680 --> 00:41:38,920

Jerremy: or

:

00:41:38,972 --> 00:41:42,212

Dave: it's, it's so much of what the

United States is built on right now.

:

00:41:42,370 --> 00:41:43,570

Jerremy: airport or law

:

00:41:43,862 --> 00:41:50,312

Dave: I, I think that as we look at the

world, as we put energy towards things,

:

00:41:50,312 --> 00:41:53,882

we need to be putting them and putting

our attention solely on things that

:

00:41:53,882 --> 00:41:55,952

are productive and that our pro-human.

:

00:41:56,192 --> 00:41:59,882

And I think that that actually

is a, that's, that's turning

:

00:41:59,882 --> 00:42:00,992

into a guiding light for me.

:

00:42:01,235 --> 00:42:02,835

Jerremy: I think it's, I love it.

:

00:42:03,632 --> 00:42:03,902

Dave: Alright.

:

00:42:03,902 --> 00:42:04,532

What, what else?

:

00:42:04,720 --> 00:42:05,020

Jerremy: man.

:

00:42:05,020 --> 00:42:05,230

I mean,

:

00:42:05,282 --> 00:42:07,142

Dave: Pro-human,

:

00:42:08,142 --> 00:42:10,842

Jerremy: which just,

it's a powerful, powerful

:

00:42:10,865 --> 00:42:13,265

Dave: oh, speaking of

which predictive markets

:

00:42:13,392 --> 00:42:15,942

Jerremy: breaking, you

mentioned the word gambling.

:

00:42:16,115 --> 00:42:16,444

Dave: there.

:

00:42:17,444 --> 00:42:21,015

Jerremy: can, alright, keep me from

going too far down this, this rabbit

:

00:42:21,015 --> 00:42:29,694

hole, but hilarious Predictive

markets are, mean, hilarious.

:

00:42:30,084 --> 00:42:31,284

So you go, okay.

:

00:42:31,404 --> 00:42:31,824

Okay.

:

00:42:32,124 --> 00:42:32,664

Gambling.

:

00:42:33,001 --> 00:42:33,241

Dave: Yeah.

:

00:42:33,879 --> 00:42:36,160

Jerremy: Probably legal generally.

:

00:42:36,160 --> 00:42:36,850

Generally.

:

00:42:36,850 --> 00:42:40,380

Like, the, you're a big Bible fan,

they're like, dad, don't gamble.

:

00:42:40,380 --> 00:42:41,130

It's not good for you.

:

00:42:41,220 --> 00:42:41,550

Right?

:

00:42:41,550 --> 00:42:41,970

It's bad.

:

00:42:42,390 --> 00:42:44,820

So I grew up not gambling, and

now I'm a professional gambler.

:

00:42:44,820 --> 00:42:45,180

It's fine.

:

00:42:45,780 --> 00:42:52,840

But predictive markets took everything

people don't like about gambling and

:

00:42:52,840 --> 00:42:56,530

added everything that people do like

about gambling, and then made it perfectly

:

00:42:56,530 --> 00:43:01,630

legal, perfectly accessible, and very,

very easy and fast and quick and simple.

:

00:43:02,500 --> 00:43:06,370

And what you have been able to do now with

predictive markets is you're not gambling

:

00:43:06,370 --> 00:43:12,725

anymore, Dave, not saying Georgia is

gonna be Tennessee in a football match.

:

00:43:13,540 --> 00:43:17,980

What you're now saying is you're

going, am buying predictive tokens

:

00:43:18,980 --> 00:43:25,700

that state that Georgia is the likely

highest odds of beating Tennessee

:

00:43:25,790 --> 00:43:27,135

and that's gonna cost me money.

:

00:43:27,470 --> 00:43:29,135

And so I'm gonna buy

this predictive token.

:

00:43:30,230 --> 00:43:33,859

And the token is just simply

going to predict the outcome

:

00:43:33,919 --> 00:43:35,210

based on how many people buy it.

:

00:43:35,660 --> 00:43:41,750

So it's not gambling and it gets around

the entire definition of gambling.

:

00:43:41,750 --> 00:43:45,769

That's currently across the

mandated, the u the us which

:

00:43:45,882 --> 00:43:46,692

Dave: Bullshit.

:

00:43:46,729 --> 00:43:47,330

Jerremy: disallow.

:

00:43:47,390 --> 00:43:48,709

Oh bro, it's hilarious.

:

00:43:48,972 --> 00:43:49,482

Dave: bullshit.

:

00:43:49,519 --> 00:43:50,569

Jerremy: disallow gambling,

:

00:43:50,652 --> 00:43:51,282

Dave: Of course.

:

00:43:51,350 --> 00:43:52,069

Jerremy: no, you can't gamble.

:

00:43:52,069 --> 00:43:52,819

I was like, it's illegal.

:

00:43:52,819 --> 00:43:55,129

And a bunch of Bible ballot people

are like, ah, don't gamble here.

:

00:43:55,129 --> 00:43:55,609

Jesus.

:

00:43:55,902 --> 00:43:56,261

Dave: Yeah.

:

00:43:56,299 --> 00:44:00,329

Jerremy: so, but predictive markets,

it's like, oh, you're not gambling now

:

00:44:00,359 --> 00:44:06,129

you're buying options because I mean, I'm

a professional options traders and it's

:

00:44:06,129 --> 00:44:10,899

:

predictive markets allow people to do.

:

00:44:10,899 --> 00:44:14,439

And by the way, I do use predictive

markets and I do play in it.

:

00:44:14,499 --> 00:44:17,439

It is very fun, very addictive

and incredibly intriguing.

:

00:44:18,279 --> 00:44:23,589

But I can buy a predictive unit sell

that predictive unit within a pay

:

00:44:23,859 --> 00:44:26,709

the same time of the, of the game,

which has never happened before.

:

00:44:27,574 --> 00:44:28,684

so to explain it, right?

:

00:44:28,804 --> 00:44:31,444

You're in the first quarter of

whatever sport, it doesn't matter.

:

00:44:31,864 --> 00:44:34,804

And you buy a predictive token

that one of the teams is gonna win.

:

00:44:34,924 --> 00:44:37,654

And that predictive token, if enough

people buy it increases in value.

:

00:44:38,654 --> 00:44:41,324

As that predictive token increases

in value, you then sell it while

:

00:44:41,324 --> 00:44:42,194

the game is still happening.

:

00:44:43,194 --> 00:44:44,904

That is a first, that hasn't happened yet.

:

00:44:44,964 --> 00:44:50,454

And so since that predictive market

has come out, it is sweeping the globe.

:

00:44:51,384 --> 00:44:51,744

the globe.

:

00:44:52,344 --> 00:44:57,394

And I mean it, the US is, I'm

sure there's gonna be something,

:

00:44:57,394 --> 00:44:58,954

but it got a federal green light.

:

00:44:59,704 --> 00:45:03,064

obviously states and casinos,

obviously casinos are like, no.

:

00:45:03,064 --> 00:45:07,249

And I think it's gonna have a big hit

in Vegas, like it's gonna cause a,

:

00:45:07,254 --> 00:45:10,384

a negative in the future into Vegas.

:

00:45:10,384 --> 00:45:13,204

'cause that's why people come to

Vegas is to, to bet on sports.

:

00:45:13,324 --> 00:45:14,434

And now you're not betting on sports.

:

00:45:14,434 --> 00:45:16,984

Now you're predicting what's

gonna happen in sports.

:

00:45:17,984 --> 00:45:22,694

Just the most backwards, asinine,

but at the same time pretty amazing

:

00:45:22,694 --> 00:45:25,544

entrepreneurial, capitalistic invention.

:

00:45:25,904 --> 00:45:30,759

And, and, and it's very, very fascinating

and it just really took the entire

:

00:45:30,819 --> 00:45:32,379

betting world by storm overnight.

:

00:45:33,379 --> 00:45:35,284

Dave: Look, it's just, it's just gambling.

:

00:45:35,374 --> 00:45:39,004

Like I, I think calling it a

predictive market is bullshit.

:

00:45:39,064 --> 00:45:42,274

like it's, it's being, like they're

trying to, to federalize it and saying,

:

00:45:42,274 --> 00:45:47,704

states don't have a saying because,

oh, it's a, what do they call it?

:

00:45:47,704 --> 00:45:49,014

They call it a, oh shit.

:

00:45:49,044 --> 00:45:49,674

What is it called?

:

00:45:49,764 --> 00:45:50,094

It's,

:

00:45:50,144 --> 00:45:53,204

I forget the name of it, but they,

they're calling it a financial instrument.

:

00:45:53,264 --> 00:45:56,484

Like they, they're, they're

calling it a, not a CDO.

:

00:45:56,844 --> 00:45:58,014

They're not calling it a collateral.

:

00:45:58,484 --> 00:46:00,974

they're calling it, they're

not calling it options.

:

00:46:01,064 --> 00:46:01,514

I don't know.

:

00:46:01,944 --> 00:46:05,274

they, they have, they have a very

specific name for, I'm like, well,

:

00:46:05,274 --> 00:46:08,914

it's, it's a, it's just gambling.

:

00:46:09,094 --> 00:46:11,494

80% of Calie is sports.

:

00:46:12,014 --> 00:46:15,474

like that's a, it's that

you're predicting something is

:

00:46:15,474 --> 00:46:16,524

going to happen in the future.

:

00:46:16,524 --> 00:46:17,724

How is that not betting?

:

00:46:17,724 --> 00:46:18,894

It's the exact same thing.

:

00:46:18,954 --> 00:46:20,034

I mean, I, I've been on

:

00:46:20,192 --> 00:46:21,362

Jerremy: No, it is for sure.

:

00:46:21,594 --> 00:46:26,104

Dave: a bunch of times and I,

like I went through all the

:

00:46:26,104 --> 00:46:28,354

political ones, I think in January.

:

00:46:29,149 --> 00:46:32,129

In my head, I, I made,

bets on all of them.

:

00:46:32,129 --> 00:46:36,179

And I, I, I hit on every single

one of 'em because I, I follow

:

00:46:36,209 --> 00:46:38,309

politics and things so closely.

:

00:46:38,949 --> 00:46:43,359

like 100% of them both national and

international politics, like obscure

:

00:46:43,359 --> 00:46:48,139

ones like Poland, like Poland elections,

I'm like, boom, boom, boom, boom, boom.

:

00:46:48,169 --> 00:46:51,439

I, and I wouldn't have made any

money on him because I would've had

:

00:46:51,439 --> 00:46:55,189

to pull up like a hundred dollars to

make $2, and I'm out of that money.

:

00:46:55,189 --> 00:46:58,609

Like, you have to put the money, like,

like there weren't any odds to, to make.

:

00:46:58,669 --> 00:46:59,029

Right.

:

00:46:59,307 --> 00:46:59,997

Jerremy: Yeah, yeah, yeah.

:

00:47:00,159 --> 00:47:04,809

Dave: I don't know how this doesn't get

into, insider trading or, or, making the

:

00:47:04,809 --> 00:47:09,209

market, like I, I, if, if you can bet on

:

00:47:09,367 --> 00:47:09,817

Jerremy: point,

:

00:47:10,019 --> 00:47:10,829

Dave: color of

:

00:47:10,957 --> 00:47:11,887

Jerremy: bet on you.

:

00:47:11,939 --> 00:47:15,569

Dave: being thrown on the field,

like you're throwing them out there

:

00:47:15,569 --> 00:47:17,279

and, and making your bank right.

:

00:47:17,329 --> 00:47:18,019

like, come on.

:

00:47:19,019 --> 00:47:23,619

Jerremy: You can bet on what

words Trump will say in a speech.

:

00:47:24,271 --> 00:47:27,991

Dave: I, we can put up a bo,

we can put up bets about what

:

00:47:27,991 --> 00:47:29,371

you and I are going to say.

:

00:47:29,431 --> 00:47:32,221

And believe me, I'd be sitting

there making bets on that

:

00:47:32,221 --> 00:47:34,411

too, for saying pumper nickel.

:

00:47:34,471 --> 00:47:35,701

Oh look, I won.

:

00:47:36,751 --> 00:47:37,921

I win.

:

00:47:38,401 --> 00:47:39,451

Jerremy: guys, Dave just said pumper.

:

00:47:39,451 --> 00:47:40,861

Nicole, I don't know

if anyone's listening,

:

00:47:41,093 --> 00:47:42,833

Dave: Winner, winner chicken dinner.

:

00:47:43,051 --> 00:47:44,911

Jerremy: You guys owe me 20 bucks.

:

00:47:45,503 --> 00:47:50,243

Dave: you are in this, then again,

I'm gonna go back with, with short

:

00:47:50,243 --> 00:47:54,953

memories here, because all of this is

exactly what caused the:

:

00:47:55,013 --> 00:47:56,963

Was, was, oh, derivatives.

:

00:47:56,993 --> 00:47:57,983

These are derivatives.

:

00:47:57,983 --> 00:47:59,393

That's what they were

calling these things.

:

00:47:59,933 --> 00:48:04,163

this was, this is what caused

the:

:

00:48:04,193 --> 00:48:07,613

It was collateralized debt obligations

against homes and home ownership.

:

00:48:07,643 --> 00:48:08,693

This is the exact same thing.

:

00:48:08,693 --> 00:48:09,743

These are all derivatives.

:

00:48:10,013 --> 00:48:13,663

So don't tell me that these aren't,

they're suddenly we're gonna get into

:

00:48:13,663 --> 00:48:15,643

this whole world of too big to fail.

:

00:48:15,643 --> 00:48:19,903

We have to bail out Cowie and all

the cowie executives like, fuck them.

:

00:48:19,933 --> 00:48:21,673

like, this is insane.

:

00:48:21,703 --> 00:48:25,783

And it is just, we know that

this is just a vice, right?

:

00:48:25,903 --> 00:48:29,383

And so we, we are

legalizing yet another vice.

:

00:48:29,413 --> 00:48:33,523

We are, we, we know that

this causes poverty.

:

00:48:33,523 --> 00:48:35,953

We know that this causes, suicide.

:

00:48:35,953 --> 00:48:38,133

We know that this causes, domestic.

:

00:48:39,063 --> 00:48:39,783

Violence.

:

00:48:39,783 --> 00:48:41,553

We know the downside to all of this.

:

00:48:41,553 --> 00:48:44,963

We are going to, celebrate all of

these great markets when a few people

:

00:48:44,963 --> 00:48:48,293

are getting filthy rich, and a lot of

people are just being commiserated.

:

00:48:48,743 --> 00:48:51,233

So I, look, I'm a gambler.

:

00:48:51,368 --> 00:48:54,653

I, I like going and, and playing poker.

:

00:48:54,653 --> 00:48:58,673

This is a fun thing for me to

do, but I also know my limits.

:

00:48:58,673 --> 00:49:03,433

I know that I only do it in Reno, and

I only do it once a year with my buddy.

:

00:49:03,773 --> 00:49:06,503

and I, I only take the money

that I know I'm going to lose.

:

00:49:06,503 --> 00:49:06,683

Now.

:

00:49:06,683 --> 00:49:10,613

I, I don't normally lose, I normally

break even, or I come back with a little

:

00:49:10,613 --> 00:49:14,213

bit of money, or I lose a little bit

of money because it's, it's, it's a

:

00:49:14,213 --> 00:49:16,073

math game when it gets down to poker.

:

00:49:16,676 --> 00:49:16,966

Jerremy: Yeah.

:

00:49:17,273 --> 00:49:20,033

Dave: and, And I, and I,

and I know math, right?

:

00:49:20,483 --> 00:49:25,043

When you put these on your phones and you

supercharge it with AI and you supercharge

:

00:49:25,043 --> 00:49:29,243

it with all the things that we've learned

in order to weaponize social media, and

:

00:49:29,243 --> 00:49:32,003

you can, anybody can do it is bonkers.

:

00:49:32,153 --> 00:49:37,823

Like, I'd be fine with these, these,

these online betting markets, if you had

:

00:49:37,823 --> 00:49:43,163

to show that you were, you had a certain

amount of money liquid in your bank, like

:

00:49:43,636 --> 00:49:43,966

Jerremy: Yeah.

:

00:49:44,333 --> 00:49:49,593

Dave: if you had a million dollars, of

cash or cash equivalence and you, you,

:

00:49:49,653 --> 00:49:53,543

you show, the company that you can do

this because you have to do this today.

:

00:49:53,543 --> 00:49:58,043

If you were going to invest into a a,

a an A round, you have to show, and

:

00:49:58,043 --> 00:50:01,943

I, and I did plenty of this, you had

to show your books to say, I can do

:

00:50:01,943 --> 00:50:06,953

this risky investment, or, or, seed

round because I have enough money.

:

00:50:07,193 --> 00:50:10,103

And I would be like, here's my bank

records, here's my investment records.

:

00:50:10,103 --> 00:50:10,853

I can do this.

:

00:50:10,853 --> 00:50:11,093

Right.

:

00:50:11,093 --> 00:50:12,593

I had to prove it in order to do it.

:

00:50:12,803 --> 00:50:13,223

It's a law.

:

00:50:13,336 --> 00:50:13,576

Jerremy: Yep.

:

00:50:14,168 --> 00:50:17,828

Dave: Same, same, like, it's like if you

wanna do these, these collateral, these,

:

00:50:17,828 --> 00:50:20,048

these derivatives, it's an investment.

:

00:50:20,078 --> 00:50:23,648

You're treating it as a quote unquote

investment, then show that you can invest

:

00:50:23,648 --> 00:50:27,638

in it, show that you have the money and

that, like, then it's only a percentage.

:

00:50:27,848 --> 00:50:33,158

It's like you can make a, a prediction

that's no more than 1% of your net

:

00:50:33,158 --> 00:50:34,538

worth and you can do it once a year.

:

00:50:34,988 --> 00:50:35,558

I'm fine.

:

00:50:35,648 --> 00:50:36,008

Great.

:

00:50:36,438 --> 00:50:37,218

instead

:

00:50:37,261 --> 00:50:37,501

Jerremy: right?

:

00:50:37,638 --> 00:50:41,148

Dave: it's any joker can with,

dead up to their eyeballs can go

:

00:50:41,148 --> 00:50:45,178

in and, and, see who's going to

be saying what on which podcast?

:

00:50:45,358 --> 00:50:46,498

No, no.

:

00:50:47,498 --> 00:50:47,888

Like, no.

:

00:50:48,848 --> 00:50:49,268

So.

:

00:50:50,268 --> 00:50:54,288

Look, this, this administration

is the king of vice.

:

00:50:54,288 --> 00:50:58,918

It's, it's weed, it's crypto,

it's it's, it's gambling.

:

00:50:58,948 --> 00:51:03,818

It's like, I mean, you can't be a

Christian and say I'm a Trump supporter.

:

00:51:03,848 --> 00:51:04,958

I mean, that's crazy.

:

00:51:05,008 --> 00:51:07,228

like, it's, it's, it's vice central.

:

00:51:07,678 --> 00:51:10,378

Like, it means you're, it means

your moral compass is on a circle.

:

00:51:10,408 --> 00:51:14,968

like it's, it's just

one vice after another.

:

00:51:15,398 --> 00:51:17,678

and it'd be like, I'm a

Christian and I'm for Trump.

:

00:51:17,708 --> 00:51:21,828

Well, that's an oxymoron because

all I hear is, is, are veterans

:

00:51:21,828 --> 00:51:24,448

committing suicide, buying into crypto?

:

00:51:24,778 --> 00:51:28,318

aerating, this is the most

anti-family thing I've ever seen.

:

00:51:28,618 --> 00:51:33,088

Like every single thing that comes outta

this administration is fuck the family.

:

00:51:33,148 --> 00:51:34,258

That's what this is.

:

00:51:34,408 --> 00:51:41,018

So Christians, please, like, get right

with your Lord is what I'm gonna say.

:

00:51:42,018 --> 00:51:47,418

Jerremy: Powerful and honestly man,

very poignant as well, because a lot of.

:

00:51:48,423 --> 00:51:51,003

Christians are gonna kind of bury

their head in the sand and go, no.

:

00:51:51,003 --> 00:51:52,413

I mean, that's probably not true.

:

00:51:52,413 --> 00:51:54,453

And like they, they just refuse

to kinda look at it and it's

:

00:51:54,453 --> 00:51:59,443

like, well, have you seen any of

the things that Trump is passing?

:

00:52:00,443 --> 00:52:01,523

Like any of them,

:

00:52:01,833 --> 00:52:02,163

I mean,

:

00:52:02,380 --> 00:52:04,405

Dave: Jesus says, buy the Jesus coin.

:

00:52:04,718 --> 00:52:05,343

Jerremy: let's go.

:

00:52:05,343 --> 00:52:06,603

We, well, dude, don't,

:

00:52:07,070 --> 00:52:07,290

Dave: Oh.

:

00:52:07,383 --> 00:52:09,903

Jerremy: don't even get

me started on Trump coin.

:

00:52:10,230 --> 00:52:10,450

Dave: Oh.

:

00:52:10,773 --> 00:52:11,553

Jerremy: my

:

00:52:11,710 --> 00:52:13,770

Dave: That's just straight

up bribery right there.

:

00:52:14,523 --> 00:52:16,893

Jerremy: I meant dude Trump coined

and Melania Coin and everyone

:

00:52:16,893 --> 00:52:17,883

just kind of forgot about it.

:

00:52:18,123 --> 00:52:22,203

They just kind of forgot

like couple days after being

:

00:52:22,350 --> 00:52:22,570

Dave: Oh

:

00:52:23,223 --> 00:52:24,033

Jerremy: inaugurated.

:

00:52:25,033 --> 00:52:26,173

He launched as a token

:

00:52:27,230 --> 00:52:27,450

Dave: God.

:

00:52:27,463 --> 00:52:29,683

Jerremy: that didn't, he didn't,

he, he de he didn't own any of it.

:

00:52:30,683 --> 00:52:31,393

Dave: Trump coin

:

00:52:32,036 --> 00:52:32,936

Jerremy: definitely didn't.

:

00:52:33,173 --> 00:52:34,843

Dave: $3 and 51 cents.

:

00:52:35,486 --> 00:52:39,096

Jerremy: Down 98%, just ru just rug.

:

00:52:39,096 --> 00:52:40,266

Pulled the nation

:

00:52:40,533 --> 00:52:40,753

Dave: Oh

:

00:52:41,496 --> 00:52:42,816

Jerremy: a couple hundred million dollars.

:

00:52:43,078 --> 00:52:43,583

Dave: good Lord.

:

00:52:44,566 --> 00:52:47,926

Jerremy: Yeah, it's just, anyway,

extremely remarkable to me that,

:

00:52:47,961 --> 00:52:51,576

that, that people are letting a lot

of these things slide and, I'm just,

:

00:52:51,576 --> 00:52:52,656

I'm glad we're talking about it.

:

00:52:52,686 --> 00:52:55,926

'cause I mean, the, the current

events is still the, our most popular

:

00:52:56,196 --> 00:53:00,006

episodes because people like to really

hear, I mean, what is going on in

:

00:53:00,006 --> 00:53:02,346

the nation, and they like to hear our

thoughts and our perspectives on it.

:

00:53:02,346 --> 00:53:02,706

And,

:

00:53:02,756 --> 00:53:06,176

Dave: Well, I, I'm, I'm feeling you

wrapping up, but I wanted to get,

:

00:53:06,206 --> 00:53:10,726

because, of your world of expertise,

like we have record, government spending,

:

00:53:10,786 --> 00:53:17,086

record, national debt, record, house

pricing, record, household debt record,

:

00:53:17,086 --> 00:53:19,456

gold, silver, copper, and platinum.

:

00:53:19,886 --> 00:53:23,366

record cost for healthcare

and record stock market.

:

00:53:23,366 --> 00:53:25,256

So what's going on in the economy?

:

00:53:25,256 --> 00:53:28,016

What do we have to look

forward to here in:

:

00:53:28,116 --> 00:53:29,046

how about just February?

:

00:53:29,601 --> 00:53:32,901

What's, what's, what's, what the hell?

:

00:53:33,901 --> 00:53:35,401

Jerremy: what, what do people invest in?

:

00:53:35,401 --> 00:53:37,021

I mean, that, that's the

thing at this point, right?

:

00:53:37,021 --> 00:53:37,231

Like.

:

00:53:37,606 --> 00:53:42,616

Almost every asset for the one that

everyone was extremely confident was

:

00:53:42,616 --> 00:53:44,026

gonna go higher, which was crypto,

:

00:53:44,113 --> 00:53:44,333

Dave: Ugh.

:

00:53:44,596 --> 00:53:44,896

Jerremy: right?

:

00:53:44,896 --> 00:53:45,376

Bitcoin.

:

00:53:45,376 --> 00:53:49,336

And everyone's like, oh, we, we have a,

we have a huge crypto favorite in the

:

00:53:49,336 --> 00:53:50,866

stock market, in the, in the White House.

:

00:53:51,586 --> 00:53:54,366

And Bitcoin was down, 20, 25 year to date.

:

00:53:54,973 --> 00:53:56,083

Dave: Oh, look at that.

:

00:53:56,083 --> 00:54:00,583

67 893, which I think is $67,800.

:

00:54:00,583 --> 00:54:02,083

Too expensive, but that's just me.

:

00:54:02,731 --> 00:54:03,021

Jerremy: yeah.

:

00:54:03,411 --> 00:54:04,181

Yeah, yeah.

:

00:54:04,326 --> 00:54:05,856

I've always liked your

take on crypto, dude.

:

00:54:05,856 --> 00:54:05,946

I've

:

00:54:05,953 --> 00:54:07,753

Dave: Oh, it's just garbage.

:

00:54:08,753 --> 00:54:10,373

Just it's a spreadsheet.

:

00:54:10,373 --> 00:54:11,873

You're buying a spreadsheet number.

:

00:54:11,873 --> 00:54:12,503

Gimme a break.

:

00:54:12,986 --> 00:54:13,256

Jerremy: it's the

:

00:54:13,443 --> 00:54:14,043

Dave: Garbage.

:

00:54:14,066 --> 00:54:14,426

Jerremy: best.

:

00:54:14,733 --> 00:54:15,093

Dave: All right.

:

00:54:15,153 --> 00:54:15,693

So yeah.

:

00:54:15,693 --> 00:54:16,383

What's going on?

:

00:54:17,073 --> 00:54:18,603

Economy, economic wise?

:

00:54:19,603 --> 00:54:22,663

Jerremy: I ask myself on a daily

basis what is propping up this market?

:

00:54:22,925 --> 00:54:23,215

Dave: What?

:

00:54:23,325 --> 00:54:24,290

Yeah, where is it?

:

00:54:24,350 --> 00:54:25,130

Where is it coming from?

:

00:54:25,483 --> 00:54:27,073

Jerremy: where's the money coming from?

:

00:54:27,380 --> 00:54:27,710

Dave: Yeah,

:

00:54:27,793 --> 00:54:28,813

Jerremy: Who is buying?

:

00:54:29,270 --> 00:54:29,540

Dave: yeah,

:

00:54:29,863 --> 00:54:30,553

Jerremy: are they buying?

:

00:54:30,655 --> 00:54:30,945

Dave: yeah.

:

00:54:31,003 --> 00:54:31,363

Jerremy: And I

:

00:54:31,365 --> 00:54:31,585

Dave: Yep.

:

00:54:31,723 --> 00:54:33,763

Jerremy: I mean, I can look at

it and I can see very clearly.

:

00:54:33,763 --> 00:54:39,503

I mean, you have, AI is

decimating software companies.

:

00:54:40,503 --> 00:54:43,693

I mean, software companies are down 70%.

:

00:54:44,143 --> 00:54:47,413

So if you, if you make software, if

you sell software as a service, you're

:

00:54:47,413 --> 00:54:49,213

getting absolutely royally hosed

:

00:54:49,570 --> 00:54:49,730

Dave: Yeah.

:

00:54:49,753 --> 00:54:50,323

Jerremy: right now.

:

00:54:50,383 --> 00:54:55,493

I mean, it doesn't matter if you're,

I mean, Microsoft down 40%, right?

:

00:54:55,493 --> 00:54:58,643

I mean, like huge, huge companies

are just getting torched

:

00:54:58,950 --> 00:54:59,340

Dave: Wow.

:

00:54:59,513 --> 00:55:02,723

Jerremy: I think that that's a

short-lived thesis presently.

:

00:55:02,973 --> 00:55:04,683

it's just like a current scare.

:

00:55:04,683 --> 00:55:09,543

But regardless of that point, you do have

a big, big, big move in tech down for the

:

00:55:09,543 --> 00:55:11,693

most part, big tech, software companies.

:

00:55:12,743 --> 00:55:19,383

You have and oil, which I mentioned was

going to increase because of Venezuela.

:

00:55:19,383 --> 00:55:20,433

And it has been, you

:

00:55:20,500 --> 00:55:20,770

Dave: Yeah.

:

00:55:20,973 --> 00:55:24,513

Jerremy: all of the war

stocks have been skyrocketing.

:

00:55:24,760 --> 00:55:25,090

Dave: Right.

:

00:55:25,503 --> 00:55:27,603

Jerremy: Geno Dynamics, Lockheed Martin,

:

00:55:27,910 --> 00:55:28,180

Dave: Yeah.

:

00:55:28,713 --> 00:55:28,893

Jerremy: right?

:

00:55:28,893 --> 00:55:29,883

They're all going up

:

00:55:30,070 --> 00:55:30,640

Dave: Misery.

:

00:55:31,293 --> 00:55:34,623

Jerremy: and, and it is, man, it's a

very head scratching moment because I'm

:

00:55:34,623 --> 00:55:38,913

over here thinking to myself, all right,

well, I guess if tech bounces, then those

:

00:55:38,913 --> 00:55:44,343

energy utilities and war stocks go down

and is there like a sector rotation?

:

00:55:44,583 --> 00:55:48,093

And then the whole broader market

still gets propped up because it's been

:

00:55:48,093 --> 00:55:50,043

propped up for a very, very long time.

:

00:55:50,133 --> 00:55:54,203

And then the whole, tariff thing, which

was a year ago, essentially to the day,

:

00:55:54,923 --> 00:55:59,063

when the markets had a big, big drop from

tariffs and they recovered, felt like we

:

00:55:59,063 --> 00:56:02,903

were recovered very quickly because we

still are, he still does the tariff thing,

:

00:56:03,405 --> 00:56:03,585

Dave: Yeah.

:

00:56:03,743 --> 00:56:05,633

Jerremy: talking about it,

still implementing, it still

:

00:56:05,633 --> 00:56:08,453

affecting small businesses that

are propping up the emission.

:

00:56:08,783 --> 00:56:09,683

I don't know.

:

00:56:09,983 --> 00:56:13,463

But what I can tell you is,

man, the higher we go, the

:

00:56:13,463 --> 00:56:15,533

scarier it gets, even for me,

:

00:56:15,825 --> 00:56:16,185

Dave: Yeah.

:

00:56:16,283 --> 00:56:19,343

Jerremy: over here thinking

to myself, it's a little

:

00:56:19,343 --> 00:56:21,558

unsustainable and we haven't had.

:

00:56:22,558 --> 00:56:27,138

A real shakeup in 20 years.

:

00:56:27,235 --> 00:56:27,325

Dave: Right.

:

00:56:28,008 --> 00:56:32,398

Jerremy: That was:

going to be another system shakeup

:

00:56:32,398 --> 00:56:35,608

at some point and it's gonna be a

very large distribution of wealth.

:

00:56:36,238 --> 00:56:40,318

And, I just don't know when it's gonna be,

but I have been saying for a long time, I

:

00:56:40,318 --> 00:56:42,418

t's gonna be somewhere around:

:

00:56:43,418 --> 00:56:47,708

And if my timing is correct on that, I

think it's just gonna be a big game of

:

00:56:47,708 --> 00:56:52,088

hot potato and whoever gets this next

potato is gonna have some very hot hands

:

00:56:52,545 --> 00:56:52,815

Dave: Yeah.

:

00:56:53,815 --> 00:56:54,895

Well, on that note,

:

00:56:55,458 --> 00:56:55,968

Jerremy: on that note.

:

00:56:55,968 --> 00:56:56,628

Goodbye guys.

:

00:56:56,718 --> 00:56:57,408

See you later.

:

00:56:57,408 --> 00:56:57,798

Sleep good.

:

00:56:58,798 --> 00:57:00,178

Dave: everybody sleep well tonight.

:

00:57:00,651 --> 00:57:01,731

Jerremy: everyone sleep well?

:

00:57:02,151 --> 00:57:05,066

I, I can definitely, definitely

say one of the greatest skills that

:

00:57:05,066 --> 00:57:07,886

anyone can have right now for sure.

:

00:57:08,541 --> 00:57:12,081

just talk, talking about AI and

talking about like what we can invest

:

00:57:12,081 --> 00:57:14,421

in as people is human connection.

:

00:57:14,781 --> 00:57:20,641

And without that saying, sounding so

cliche, when I say human connection,

:

00:57:20,641 --> 00:57:24,631

I mean, if AI makes our lives better,

quicker, faster, and more efficient,

:

00:57:24,631 --> 00:57:28,141

more effective, and saves us more

time, the number one thing that people

:

00:57:28,141 --> 00:57:29,671

are gonna turn to is humans, right?

:

00:57:29,671 --> 00:57:29,761

We're

:

00:57:29,863 --> 00:57:30,063

Dave: Yeah.

:

00:57:30,241 --> 00:57:31,051

Jerremy: human connection.

:

00:57:31,051 --> 00:57:33,301

We're gonna want relationships,

we're gonna want friendships.

:

00:57:33,301 --> 00:57:37,201

We're gonna want things to do with

other people that will be hard to

:

00:57:37,201 --> 00:57:40,291

replicate with, with ai, right?

:

00:57:40,291 --> 00:57:44,101

With robots, until robots are

becoming much more of a thing, which

:

00:57:44,191 --> 00:57:45,511

is probably only five years away.

:

00:57:46,511 --> 00:57:55,141

And th that, in addition to learning to

trade the liquid markets, not a bad idea.

:

00:57:55,508 --> 00:57:55,778

Dave: Yeah.

:

00:57:55,831 --> 00:57:58,351

Jerremy: there's gonna be a lot more

volatility in the, in the coming years.

:

00:57:59,176 --> 00:58:00,196

And you're gonna have big moves up.

:

00:58:00,196 --> 00:58:01,096

You're gonna have big moves down.

:

00:58:01,096 --> 00:58:04,476

The Dow Jones just hit $50,000, recently.

:

00:58:04,906 --> 00:58:07,816

so that's, that's a big

milestone for, for the index.

:

00:58:08,236 --> 00:58:13,306

And we're gonna continually have bigger,

larger percentage swings at some point.

:

00:58:13,306 --> 00:58:17,746

And so just being an active market

participant can be a very useful

:

00:58:17,746 --> 00:58:20,776

skill to at least study or to be

aware of or to have if you want to.

:

00:58:20,986 --> 00:58:24,226

And then, yeah, man, being

able to really create moments,

:

00:58:24,226 --> 00:58:26,176

experiences, and memories for people.

:

00:58:26,356 --> 00:58:28,576

Human connection companies will explode.

:

00:58:28,876 --> 00:58:31,576

And that can be entertainment,

that can be podcasting, that can

:

00:58:31,576 --> 00:58:33,826

be videos, that can be movies,

that can be all kinds of things.

:

00:58:34,516 --> 00:58:39,496

But if you have a business, whatever

your business is in whatever realm it

:

00:58:39,496 --> 00:58:42,976

is in presently, however, you create

income for you and your family, start

:

00:58:42,976 --> 00:58:45,226

asking the question, how can I increase?

:

00:58:45,571 --> 00:58:49,981

The value and increase the human

experience in whatever business I'm doing.

:

00:58:49,981 --> 00:58:51,091

It is possible.

:

00:58:51,361 --> 00:58:52,351

I promise.

:

00:58:52,411 --> 00:58:56,041

There's a restaurant in Nashville

and Vegas called Dick's Last Resort

:

00:58:56,851 --> 00:59:00,121

and this stupid restaurant, which

I have never personally attended,

:

00:59:00,151 --> 00:59:03,511

but have a small cult following.

:

00:59:03,871 --> 00:59:05,521

There's only, to my

knowledge, there's only two.

:

00:59:05,521 --> 00:59:06,181

There could be more.

:

00:59:06,181 --> 00:59:09,661

I haven't researched it, but I

dunno if you've heard of this

:

00:59:09,788 --> 00:59:09,968

Dave: No.

:

00:59:10,171 --> 00:59:10,411

Jerremy: or not.

:

00:59:10,441 --> 00:59:12,331

they, they're just extremely mean to you.

:

00:59:13,331 --> 00:59:15,521

You would actually do

great as a server there.

:

00:59:15,761 --> 00:59:17,201

Dave: Oh, boo.

:

00:59:17,999 --> 00:59:20,519

Jerremy: your job is to be

so mean to your customers.

:

00:59:20,526 --> 00:59:21,276

Dave: Really?

:

00:59:21,419 --> 00:59:23,159

Jerremy: like, yell at 'em, cuss 'em out,

:

00:59:23,346 --> 00:59:24,246

Dave: Wow.

:

00:59:24,479 --> 00:59:25,019

Jerremy: jerks.

:

00:59:25,049 --> 00:59:26,939

They have a huge nose, they're ugly.

:

00:59:27,456 --> 00:59:28,146

Dave: Wow.

:

00:59:28,311 --> 00:59:28,531

Huh.

:

00:59:29,189 --> 00:59:30,989

Jerremy: and people go

'cause they think it's funny.

:

00:59:31,349 --> 00:59:35,729

But what I'm getting at is like, as dumb

as that may or may not sound like all this

:

00:59:35,819 --> 00:59:40,379

restaurant did is go, we're just gonna

tweak something and make it an experience.

:

00:59:40,784 --> 00:59:42,734

Negative or positive, funny

or not funny, is like, we're

:

00:59:42,734 --> 00:59:44,234

gonna make this an experience.

:

00:59:44,714 --> 00:59:49,584

And those two businesses, those

two restaurants are doing well.

:

00:59:49,584 --> 00:59:51,204

They're always packed

every time I drive by 'em,

:

00:59:51,346 --> 00:59:52,366

Dave: Fort Lauderdale.

:

00:59:52,396 --> 00:59:53,116

I'm going,

:

00:59:53,814 --> 00:59:56,184

Jerremy: oh bro, please

go and tell me how it is.

:

00:59:56,296 --> 00:59:57,766

Dave: I'll go with our buddy Craig.

:

00:59:57,796 --> 01:00:00,916

Well, the two of us will go,

we'll videotape it for you.

:

01:00:01,674 --> 01:00:03,414

Jerremy: cannot wait for this video.

:

01:00:03,526 --> 01:00:03,796

Dave: Yep.

:

01:00:03,856 --> 01:00:05,536

They are all over Florida.

:

01:00:05,536 --> 01:00:06,106

Of course.

:

01:00:07,106 --> 01:00:07,826

Jerremy: okay, there you go.

:

01:00:07,826 --> 01:00:09,446

Yeah, I, I mean, I'm sure

there was more than two.

:

01:00:09,446 --> 01:00:09,566

Yeah.

:

01:00:09,723 --> 01:00:10,073

Dave: Uhhuh.

:

01:00:10,406 --> 01:00:13,036

Jerremy: and, anyway, saying all that

to say, right, like, it doesn't matter

:

01:00:13,036 --> 01:00:15,676

if you're a dry cleaners, become a

better dry cleaners, become nicer,

:

01:00:15,676 --> 01:00:17,386

become more efficient and automated.

:

01:00:17,386 --> 01:00:18,946

Fine use ai fine,

:

01:00:19,023 --> 01:00:19,313

Dave: Yeah.

:

01:00:19,823 --> 01:00:20,113

Yeah.

:

01:00:20,326 --> 01:00:21,706

Jerremy: incredibly

kind to your customers.

:

01:00:21,706 --> 01:00:22,996

Be incredibly kind to your community.

:

01:00:22,996 --> 01:00:26,776

Be awesome and insightful and thoughtful

to the shops and to the business owners

:

01:00:26,776 --> 01:00:28,126

around you and to your employees.

:

01:00:28,396 --> 01:00:33,796

That will still be a massive

differentiator to businesses and.

:

01:00:33,871 --> 01:00:36,601

I'm saying all that to say that's

what people should invest in.

:

01:00:36,841 --> 01:00:39,211

They should invest in the learning,

the skills, the knowledge, and the

:

01:00:39,211 --> 01:00:43,021

understanding to actually speak,

converse, and have relationships

:

01:00:43,021 --> 01:00:46,446

with wait for it human beings.

:

01:00:47,446 --> 01:00:47,566

I.

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About the Podcast

Solving America's Problems
Solving America’s Problems isn’t just a podcast—it’s a journey. Co-host Jerremy Newsome, a successful entrepreneur and educator, is pursuing his lifelong dream of running for president. Along the way, he and co-host Dave Conley bring together experts, advocates, and everyday Americans to explore the real, actionable solutions our country needs.

With dynamic formats—one-on-one interviews, panel discussions, and more—we cut through the noise of divisive rhetoric to uncover practical ideas that unite instead of divide. If you’re ready to think differently, act boldly, and join a movement for meaningful change, subscribe now.