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all right y'all welcome to the show got
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a lot of stuff to dive into today so in
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just a second we have a dire warning
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that was laid out on both CNN and MSNBC
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by an NYU Professor lot to say about
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that we have uh my boy Stephen A Smith
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is officially snuggling up to Maga more
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and more as the days go by that's that's
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pretty sad uh we'll get to medy Hassan
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repeatedly pounding Piers Morgan over
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and over again in a beautiful clip uh
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then later on mag's Greenland scam is
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officially busted you have a British
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journalist who mercilessly destroys Elon
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Musk and uh Joe Rogan's fans have turned
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on him they've turned on him this has
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got to be the 14th time they've turned
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on him within the past few years but
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this one is interesting so we'll talk
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about that and more everybody do me a
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big favor please subscribe to the
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it's huge I can't I can't overstate how
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all right so let's go ahead and dive
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into it so there's a professor at NYU by
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the name of Scott Galloway and he's been
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making the rounds on uh CNN and MSNBC
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and he's been sounding the alarm he's
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been sounding the alarm he's uh given us
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a dire warning here let's listen a lot
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of these Tech billionaires are kind of
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following or trying to play catch up I
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guess with Elon Musk and making inroads
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with the new Administration the best
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trade of 2024 was Elon Musk put $250
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million into the Trump campaign and
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since then the value of his companies
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and his stake in those companies is up
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by about $140 billion so that's about a
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5,000 600% return not that's not any
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change in the the in Tesla in the output
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nothing to do with the company right
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nothing to do with their operating
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margins their Innovation their sales
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it's based on a general assumption that
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America has become a full kleptocracy
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like Russia that the largest deepest
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pocketed customer in the history of our
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modern economy the US government will
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effectively is now or effectively is now
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pay to play and will Shuffle contracts
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monies and impose regulatory punishment
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on the competitors to the companies who
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do not invest in the Republican party or
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in his inaugural campaign is evidenced
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by the fact that very few of these Tech
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Executives invested in the inaugural
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campaign fund for Biden and they are all
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doing it for Trump in other
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words um that's how and why Elon Musk is
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now the richest man in the world by far
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what he just described right there that
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this is irrational Market hype uh based
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on the fact that people know Elon is
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snuggled up to power snuggled up
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directly to
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Trump has a direct line not only to
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Trump but also to the Republican party
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which is the governing party this is the
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recognition that okay you win right so
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give him more money give him more power
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and anybody who bends the knee and
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kisses the Ring of Maga is going to get
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that same treatment this is complete and
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utter oligarchy kleptocracy now it's out
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in the open we've been in oligarchy for
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a while but back in the day there was u
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a veneer over it right this veneer of
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democracy and capitalism now that veneer
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is gone now it's all out in the open and
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you have the world's richest man uh
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helping to direct policy in this country
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Gone full kleptocrat and if you don't
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think this is this hurts everyone this
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raises prices and for the little guy or
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the companies that don't want to engage
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in this type of payer playay uh it hurts
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them this will increase prices and
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weaken our democracy this is absolutely
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no different than how Putin became the
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wealthiest man in the world you think
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this is a long-term change in the
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political direction of these tech
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companies or would they shift course
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when the president elect leaves office
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yeah yeah absolutely I mean there's two
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things going on here this is good for
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shareholder value for meta to not have
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to live up to the standards of
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traditional media companies news core
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decided to uh circulate misinformation
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around Dominion voting machines despite
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the fact they knew that was false
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information they were sued because it
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resulted in economic harm against
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dominion and they were punished to the
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tune of about three quarters of a
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billion dollarss what happened at
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newscore on Fox was a dumpster fire
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compared to the nuclear mushroom cloud
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of what took place on meta yet meta is
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immune so what you have is these
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companies that are circulating or kind
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of a misinformation La laaloa quite
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frankly are just running away with it in
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terms of profitability in terms of
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shareholder value so they're totally
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driven by shareholder value they're
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doing their job we're not doing our job
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in terms of electing representatives who
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have the backbone to stand up to
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attempts to weaponize the government and
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still believe in a democratic America
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where there's competition where
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misinformation where a lack of Truth a
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lack of trust in our institutions remain
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pillars of our society that seems to be
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that seems to be eroding but they will
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they will go where the puck goes and is
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whatever increases the value of their
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shares and that's why you keep seeing
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all of these Robber Baron billionaires
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one after the other after the other
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bending the knee bending the knee making
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the Trek to maral Lago and giving Trump
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million dooll checks for his
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inauguration that's why you're seeing
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that it's pay to playay it's hey keep
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the corporate welfare coming keep the
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subsidies and government checks coming
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keep the tax cuts and the deregulation
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coming uh and we will be your servants
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we will be your servants all right but
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he's not done yet he's got more for us
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so here's Scott Galloway this time on
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MSNBC and this is for Morning Joe this
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is a massive truth bomb here we go once
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you get above a certain level of wealth
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you get no incremental happiness so why
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on Earth would you not go back to a tax
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policy of the 60s 70s and 80s where say
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above pick a big number 10 million you
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actually pay more than 10% maybe more
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than 20% maybe more than 50% because the
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difference between 30,000 a year for a
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household and 50,000 is enormous to the
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well-being of that household low-income
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kids and low-income households have
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higher resting blood pressure but the
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difference between making 10 million a
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year and 15 million a year offers you no
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happiness but these individuals have
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weaponized government and we risk
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Revolution whether it's CEOs being
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murdered in the street whether it's a me
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too movement that had righteous
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components of it or black lives matter
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what are these movements they are
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targeting the wealthy we are in the
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midst of a series of small revolutions
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to correct income inequality and the
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reason we put an insurrectionist and a
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rapist in office is because For the
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First Time in our nation's history a
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30-year-old man or woman isn't doing as
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well as his or per his or her parents
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were at 30 why because the majority of
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households are having the oxygen sh
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sucked out of the room such that a small
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number of individuals and a small number
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of companies can be worth more than
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Nation States income inequality is out
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of control our tax policy has gone full
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oligarch that room is not ready for that
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for those kinds of Truth bombs that room
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is not prepared for that cuz these are
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all uh you know good little loyal uh
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servants to The Establishment and to the
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donor class that that's
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exactly who's in that room right now so
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you could tell they're they're a little
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bit like whoa whoa dog what the hell we
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were not expecting all that so I
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actually have a slight disagreement with
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him there um I think that the anger that
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you're going to see bubbling up and
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boiling over I think that that
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anger is uh going to appear more
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scattershot going to appear more random
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going to appear more uh disconnected
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from any particular issue right because
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in this country we don't have uh in
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awakened class Consciousness right and
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that's why you see the pendulum swing
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from the left to the right you see Obama
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winning and you see Trump winning and
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then you see Biden winning you see Trump
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winning again the consistent part of
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every election is change people want big
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change and they don't know where to go
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to get that big change right Bernie
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offered it but he wasn't able to become
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president and now we're dealing with the
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fall out of that we're dealing with the
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consequences of that and now between
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witnessing firsthand climate collapse
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which is happening right in front of us
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witnessing the absolute implosion of our
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institutions which I now think you could
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argue is complete after January 6th and
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the fake elector slate and Trump's 91
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criminal charges and the Supreme Court
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basically granting him full immunity and
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now him coming back in charge um the
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George Floyd protests were really just
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the be Occupy Wall Street was just the
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beginning the George Floyd protests were
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just the beginning um I think you are
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going to see real strife and I I also
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happen to think we're in the biggest uh
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market bubble in the history of our
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economy worse than 1929 we're going to
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talk about that in the future with Ben
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Norton on crystal kyin friends but the
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bubble is colossal and as soon as that
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Bubble Burst you're talking about real
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pain and Devastation the likes of which
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we haven't seen since arguably 1929 in
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the Great Depression that's what we're
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looking at and the problem is yes people
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feel like they're not getting a fair
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shot people feel feel like the system
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doesn't make sense but that has not been
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harnessed in a positive direction yet so
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when you see a Fallout occur when you
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see violence in the streets when you see
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protests and riots when you see the
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collapse of social order it's not going
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to be as nice and neat as we would all
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like to think it's not going to be as
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organized as say the Civil Rights
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Movement was where they're all out there
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protesting the Million Man March and
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they have clear goals and they have a
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clear reason for being out there and
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clear policy aims we are not going to
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see that I mean it's on us to give it
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direction to give it order to give it
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clear policy goals right Universal basic
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income 4day Work Week Universal Health
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Care for everybody higher wages right to
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a union Etc it's on us to do that but
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it's just going to look like chaos it's
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just going to look like Mayhem it's just
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going to look like social collapse it's
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just going to look like everything's
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falling apart I mean you tell me we're
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seeing some of it right now with the
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climate collapse as to what's happening
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in La does it look orderly does it look
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like uh people are make connecting the
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right dots I mean the reality is is this
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is all because of climate change but you
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don't see that that's the initial
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reaction you just see people like their
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lives being turned upside down not
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knowing what to do not knowing where to
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go not knowing where the leaders are
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that's what we're witnessing but he's
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given a dire warning basically what he's
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saying is like this is what FDR said
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back in the day he was like all right
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wealthy Rober Barons here's the deal you
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could deal with me or you could deal
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with the people with pitchforks that are
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coming right down the road behind me if
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you don't listen to me and so it's time
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to give up some of that money it's it's
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time for me to raise your taxes it's
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time for you to uh reinvest that money
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into jobs programs shovel ready projects
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the new deal it's time to give people a
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fair shot because if you don't give
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people a fair shot under American
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capitalism there will be a Communist
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Revolution that's the argument he made
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and he was able to effectively save
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capitalism by moving us towards social
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democracy and giving people dignity
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giving people a job giving people a
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chance right but we don't have that of
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that same ideological framework just
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waiting for the moment the collapse
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happens anymore right there is no
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organized left in America today and so
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God bless this guy for going out there
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and saying look man you guys are going
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to have we're going to have to raise
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taxes on the wealthy we're going to have
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to redistribute unless you guys want a
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revolution we're already living in a
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kleptocracy do you want a revolution to
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go arm and arm with that and then the
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other thing is you guys know I've been
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saying this for a long time I'm not
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convinced there will be a quote unquote
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Revolution because we have so many good
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distractions nowadays right and it keeps
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everybody sort of purposely stupid and
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distracted
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247 so uh are we going to be able to
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harness whatever energy is out there in
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a positive direction but here's what I
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would bet on I would bet
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on social order collapse I would bet on
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things going in the wrong direction I
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would bet on um bodies in the streets at
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some point over some issue the likes of
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which I cannot predict at the moment but
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when things get bad enough
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right and I think we're definitely going
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to see that when the next bubble pops
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when things get bad enough um the ruling
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class is going to be Shook and they're
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going to probably go all out Crack down
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martial law style in order to try to
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return order but you can't really return
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order when people don't have a home to
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go back to when people can't pay the
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bills when people can't make it work
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you're going to deal with permanent
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unrest in a scenario like that and this
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is a warning coming directly from an NYU
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Professor so if you don't take my word
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for it some YouTuber take his
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word for it because this is coming
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especially now with the Trump
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Administration being in there
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kleptocracy being obvious more tax cuts
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for the rich more
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deregulation uh more tax cuts for
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corporations letting the wealthy loot
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the treasury bailing out the crypto
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Market which is coming as all that goes
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on there's going to be more social
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unrest it's going to be tough to deal
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with so heed the warning in advance heed
00:13:23
the Waring in advance you better give
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people a fair shot or prepare for the
00:13:27
worst hey y'all do me a favor and like
00:13:29
And subscribe it helps out big time in
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