sounding great and feeling really straight. It's time once
again for the show that emanates from two different corners of
the place we call get mo nation. Coming to you from Gitmo nation,
eastern South West London in the curry terrace. I'm Adam curry.
I'm John C. Dvorak here in Northern Silicon Valley in the
gizmo nation. How are you my friend? Well, we just did a show
on Thursday. And now we're doing well. I think we're gonna move
this one though, for people out there who want to know, Sunday.
Why is that? Well, I
think it's because you got Thursday, Friday, Saturday, then
Sunday show and then Monday, Tuesday, Wednesday, and I think
it breaks it up better. But that one extra day weird things
happen on Saturday? Well, you know, I
don't know a lot of covert decisions are made on Sundays.
Now, I don't want to do it on Monday. No, no, forget it. Well,
it's
okay. I must say, though, I noticed that when we did the
show on Thursday, you you were in a much more awakened state
than on the weekend and myself as well. Probably awake. Yeah.
Like, like we were really?
Because we didn't get plastered the night before.
Says you. Yeah. So I, we were talking just before the show
started, and of course, and I said, oh, let's just get the
show rollin. Because you're, you're outraged and, and I just
want to kind of feed you and just pour more fuel on the fire
because I really need a good solid. JC de rant.
Okay, we go ready?
Do I get to interject? Do
I just sit back and listen for the whole night? You can throw
in anything you want. You're not
set yet? Let me say up. Hey, John, how about that sec.
Yeah, how about that sec. Okay, here we go. Oh, man. Q here we
go. Now, let me just here, just what set me off. I'm reading
this four page article on Reuters about savings lost to
Madoff, elderly, elderly forced to force back to work talking
about how some 90 year old guy has to, you know, work at
McDonald's and all that kind of
Because? Because it made off last his pension fund money.
Yeah. Right. And the list is out, by the way. And what we
blogged it? Yep. And you can get links to it has been linked by
you know, basically it has been pulled down from a couple of the
sites. Yeah.
Thank you for the link. I downloaded it. What is it like
350 names on there?
No, it's more than that. It's like 160 I'm sorry. 650 names?
No, no, no, it's more than that. It's 100 is 160 pages. And each
page has about 5060 names on it each
1000s Christ unbelievable. And all with with addresses and
yeah, the cool thing is it has a search engine. The PDF file does
Yeah. You can look up the city. You can look up London, for
example, how many people in London were burned.
I got a laugh out of Beverly Hills. I was kind of funny.
Beverly Hills, a bunch of Beverly Hills. Of course the
real concentration is New York City. Yeah. 1000 I think 2000
people in New York City alone or something like that. Yeah. And
but also a lot in Boca Raton, and Palm Beach,
the retiree. So you're reading this list and you're thinking,
huh,
well, no, I'm actually reading this list looking for people
Arthur Rock's name showed up. One of the original venture
capitalists who invested in Apple in his early days. Okay.
All right. And what's also kind of pathetic about that list, you
start looking at it and it's like, you know, you see the name
of the husband, the name of the wife and the name of the family
trust.
Yeah, big word there on Wall Street trust. Yeah, we love
those.
Family Trust. I guess you have. Your family is now out of
business. Yeah, kaput. So alright, so I read this. Just
what set me off is the last two paragraphs of this long article
after losing money to Madoff Lawrenceville, Dean of the
massachusetts school of law said both the US Securities Exchange
Commission and the Financial Industry Regulatory Authority
could be held liable for investors losses, quote, the
brokerage industry is responsible for this because
they are the people that caused all of this, he said. So I'm
thinking, oh, wait a minute. Are you telling me that because of
these boneheads, and I sent you a picture of Linda Thompson in
her cohort,
I wouldn't hire them in my company.
To lawyers, by the way, who don't know anything. I want you
to go to that photo which I sent actually, I got
it. I got it here. Yeah,
I read that little that little caption.
Sec officials, Laurie Richards left and Linda Thompson
described how the SEC has not been able to keep up with the
increasing complexity of the financial markets.
Now in other words, they can't keep going. No, they can't keep
up their course. Lawyers
What's the what's the name on the left Laurie Richards she she
looks like she has to take a massive dump in this picture.
You ought to see pictures of the other one. Anyway, so So But
meanwhile they can go after Martha Stewart.
Okay, John, hold on a second. Let me get you a little more
incense. Don't you think that it is perhaps possible that they're
protecting Nate off because he's lots of people had to know the
made off thing is a fractal John it's a fractal of the entire
final
something hokey going on. And there was also an SEC person
involved in the in made off family of course beside the
point I don't I'm actually of the opinion that this is just
bureaucratic incompetence. And then like, people was put into a
job and they know since they're professional bureaucrats, all
they really have to do is sit back make a you know, make a
little stink here and they go after Martha Stewart get a lot
of ink for that, by the way. So I did a calculation on Mount
Martha Stewart's you know, horrible crime compared to this
thing. And just to give people a little idea of this, Martha
Stewart was going to what she had done wrong was he listened
to her stockbroker tell her that the daughter of this CEO was
selling all the stock of the company that she held some stock
and so she decided to sell that's the whole thing. That's
the whole major crime.
And it was what $67,000 or something I don't know is
45,673 Dude, people are
in jail for life because they got caught smoking marijuana
three times. Come on. I mean, yes, of course. It's crazy,
though
the factor between made off scam and made off by the way is still
out.
Yeah. Park Avenue home arrest
is 1.0 9 million, like 1000s of degrees of magnitude and decided
how am I going to compare Martha Stewart's great crime that these
two women by the way that woman Thompson was, was the main
person after Stewart. If you read her bio, she was taking
great pride in busting Martha Stewart. The factor is if you
take the earth to the sun's diameter, it's 100 to one, this
is 10,000 suns compared to the earth 10,000 suns compared to
the earth, that is the difference between Martha
Stewart who ended up in jail. And this crime that was handed
to them on a silver platter apparently time after time, they
refused to do anything about it. So now I'm reading that these
the the taxpayers may be liable for this. So I look into this
well, you know, then again, I'm gonna look at the Financial
Industry Regulatory Authority, who was the head of that thing?
From Let me see 2006 to 2009
Oh, man, I can't wait to hear it. Mary Shapiro,
Mary Shapiro was the head of that operation. She should have
had something to do. What is Mary Shapiro doing now? She was
appointed by Obama to be the head of the SEC.
Country on believable, unbelievable. And what can I
change is this this woman, Mary Shapiro, who's you can look at
look up her picture. She has been essentially a bureaucratic
hack, working with Clinton's administration, George HW Bush
administration and Ronald Reagan. She was actually the
chair of the SEC, temporarily under Reagan, she has always
been in these one of these positions that she took over
that the FBI are a the Financial Industry Regulatory Authority,
and she was in there from 2006 to 2009. She should have done
something about makeup, she did nothing. And meanwhile, now
she's the head of the SEC. And her She's exactly the same as
these other women. A lawyer wouldn't She's no natural
background and I
got ground whatsoever. Well, this further solidifies how has
this changed? Well, this further solidifies what I've been saying
for over a year now and others and for much, much longer that
it's a wrestling match. It's like professional wrestling, we
get these two parties. We got the guy in the red cape, the guy
in the blue cape, and they pretend to wrestle around and
we're gonna, you know, we're gonna say this is the guy we
want to win, but it's the same people behind all of this. There
is no change. It's exactly the same people from the past two
administrations who are in they're wreaking havoc wreaking
havoc.
Every thinking is the word. Now I guarantee you that the US
taxpayers are gonna get stuck with this
is this. This is the scam John this is the scam. The scam is
and I bet you a lot of people have those 1000s of names on the
list. In on the scam, where, first of all this money went
somewhere. It didn't all go into made offs pocket, okay, I've
seen the yachts I've always wondered how can some
motherfucker afford a yacht like that. And I've, I've seen the
wealth, it is just outrageous, the wealth was flowing. Now they
blow it all up because they know they had to it's a part of I
guess a plan and then everyone gets the payout anyway, everyone
gets their money back. It's, it's not it's a Ponzi on top of
a Ponzi, it's fucking beautiful.
Well, in the meantime, of course, there's a few people
that are gonna have to wait to get their money, these 90 year
old farts who are not working at McDonald's. Anyway, I just found
it. Unbelievable that the woman who headed up the other
regulatory agency that was supposed to take care of this
and could be liable for this losses is nose up as the head of
the SEC these other two women, these other two lawyers,
Thompson and whatever, Laurie, they were the enforcement. Oh,
by the way, you know, she wants the enforcement officer and the
other compliance or something. I mean, where are some financial
people that know what they're doing, instead of just these
lawyers? I mean, I just don't I'm not getting it.
Well, the whole White House is now filled with lawyers. The
first the First Lady and the President are lawyers. Yeah,
it's all lawyers.
I guess. I guess the whole country has gotten lawyer it up.
But it really hit me this week. John, I think after we spoke on
Thursday that made off is just a fractal. My fractal recognition
program went off and I went, of course, this is just a small
part of this entire pyramid, which is the financial industry.
The whole thing is a scam. Every Everywhere I look, it's just it
doesn't add up. The numbers don't add up. It doesn't make
sense.
Meanwhile, by the way, that woman here she is Mary Shapiro,
if anybody I don't know, I don't know who subscribes to equities
magazine. But she's on the cover. She was the Cover Girl,
Mary Shapiro and the new Financial Industry Regulatory
Authority. After taking the top job at the NASD in September of
2006. Mary Shapiro sculpted its consolidation with NYS e
regulation to create a stronger, more efficient regulatory body.
Shapiro now serves as the CEO of the newly formed Financial
Industry Regulatory Authority, which which oversees 5100
security brokers dealers doing business in the United States.
Unbelievable. And they're the ones that are supposed to have
the real oversight. Right? Yeah. Unbelievable.
So that's my rant for the day. On uh, you know, I mean, what I
send the course I sent that picture of that those that you
to that you see there on the Twitter, I sent that out to so
we're looking at these two women. It's all I said. The ones
responsible, that's that's blacked back from a bunch of
women. So what are you a sexist, ageist? What do you what are you
trying
to Jesus Christ. So So Timothy Geithner, I saw his first press
conference now he's been confirmed as Secretary of the
Treasury. Did you? Did you have an intention? Yes. You spent no
more. No,
I know, I haven't gotten on the C span bandwagon like you have.
Well listen to his first meeting. It was a meeting of the
President's Working Group on Financial Markets. Better known
as the plunge Protection Team. Now, you have a clip? No,
because he barely said, No, it was so funny. Because again, C
span just does raw with no commentary. And so you just see,
see him all waiting there. And the photographers are waiting.
And then, you know, the cameras already rolling for about three
or four minutes before he finally gets the cue. And then
he says, and then he starts off, but you know, it's just a it's
just a photo op. He says nothing. It's, you know, it's
that long table that they always sit at in the in their
conference room, whatever it is. Yeah, I will. Well, while we're
on that tip, let me bring up a list here, which we do need to
discuss, because it goes perfectly with these, with these
two women. Here, the White House I love whitehouse.gov, as well,
because they have press releases, which is cool, just
like a company, which of course it really is. For immediate
release February 6 2009, Obama announced his Economic Advisory
Board. I hope you caught a whiff of this list, John? No. So
again, I saw it on C span and there was a president and he had
a whole whole bunch of people. I recognize a few of the faces
which we'll get to. And he said, these are the people. Let's see
if I have a quote here. Actually. The Economic Recovery
Advisory Board Economic Recovery Advisory Board will provide
regular briefings to the president vice president and our
economic team. The board will be established initially for a two
year term afterwards the president make a determination
of whether to extend the work of the Board. And it was funny and
I wish I did have the sound clip. At a certain point. You
know, Obama says, well, these people here, do a lot of them
all think they're economist big laugh. And he's but some of them
actually are economists. And he was funny. He was it was a
fucking great, great little standoff, you know, great
script. And he was reading obviously. So here are the
members of the board. Okay, pull it up. William H. Donaldson,
chairman of the SEC from 2003 to 2005.
Oh, overseeing Madoff. Yeah. Okay. Roger
Ferguson, Jr, President and CEO of the TIA. That's the Teachers
Association, I think. You think Yeah, isn't it?
Well, hold on a sec, Tia.
I think that's the teachers. Well, let's move on because
that list I looked at Okay. Robert
Wolf, Chairman and CEO of UBS. A banker, okay. The CIO of Yale
University.
Oh, actually, the TA is the teachers insurance and annuity
Association. Okay, well, and the college retirement equities
fund,
let's just skip to the good ones such as Jeffrey R. Immelt, CEO
of GE, this is fascism.
This is this is how it happened. corporatism. Right
corporatism, and is moving into fascism, G which, of course
makes the stupid Mercury filled light bulbs that are being
forced in our ass, but owns MSNBC, CNBC NBC, which ones Am I
missing? I mean, and who probably will get a bailout from
the government. It's just that's outrageous. Now here he is our
buddy John Doerr, partner of Kleiner, Perkins, Caufield and
Byers. He finally got into some kind of post.
He did. I don't think that's what he was. I don't think
he was. So it goes down. Then there's the CEO of Caterpillar,
the Chief Executive Officer of law opinion. I don't know that
market research. Then there's Charles Phillips, Jr, president
of Oracle Corporation. And they do have two economists Laura
D'Andrea, Tyson Dean, the Haas School of Business at University
of California Berkeley, of course, and Martin Feldstein,
who's professor of economics at Harvard. So they basically got
corporate America and then two token economist thrown in,
Brian a couple of token venture capitalists or Silicon Valley
people so they can get that out of the way. Yeah. You know,
because they've, they're indebted to them. So this Hey,
what do you what else you want? It'll be very, that would be an
interesting meeting to be at, because that door is very kind
of outspoken. And he really believes. Yeah, totally.
He's a real believer. And we knew we knew something was gonna
happen because you know, he asked if he if he could be led
off the board of Nevio because he's basically cutting back a
lot of his board work and he's really going into this full
time.
Interesting to delete them off.
Yeah, we replaced them with the Bing Gordon. Oh, that's right.
Yeah. So I think I found some what have a smoldering if not
smoking gun, John.
All right, go. Oh, by the way, can I mention what can I just go
back to my rant just to mention one more interesting anytime
about Mary Shapiro, while she was the chairwoman of the
Financial Industry Regulatory Authority and now head of the
SEC, she happens to be a member of the Board of Directors of
Duke Energy and crafts food. How does that work?
Is to Are you well, of course I mean,
how can you be a board member while you're on a regulatory
authority? Isn't that the definition of a conflict of
interest? Yeah, but
the Shall we there? She gets a waiver for that. Oh, yeah. Okay,
now
she will recuse yourself I find this poor maybe She's the nicest
person in the world I don't know. Anyway go
she's just she's just another tool. That's all just another
little tool. And by the way for all the people who are emailing
me let's just get one thing straight I did not vote for John
McCain. I thought he was just as bad as Obama the Republicans and
Democrats are the same thing they work for the same people so
stop emailing me about that like you know will would have been
worse with McCain who would be the worst Jesus you don't you
don't get with the program. So if you look at the chart of the
Dow Industrial Average John then I will I would like you to pull
it up. finance.yahoo.com I guess is the easiest. You can just
click on that chart. So give me the date when the huge when
really the crash took place.
Oh, I can tell you right now. It's November 20. No, no, no,
no, it's before that. When did the slide shy? That's the
bottom. The bottom was November 20. By the way, people are all
upset about calling the bottom. I have to I've made I've made
about three bets. Yeah, I seem to have maybe I'm gonna have a
I'm a gambling. But I made about three bids because one guy
writes,
right? I told you what it's going to be. And and I will be
right. But we'll get to that later. 7286 by February 14, as I
was my long number, I called it in October. So yeah, so when did
the slide start?
Oh, okay, let me get bring up the chart, hang on
you really have to do a full year chart to see it. But then
yeah.
I have to sign in to get the one I'm looking for here. Jesus just
well, you should give me a warning or a heads up on some of
the stuff you like, send me a little list of him do this and
do that.
No, I want you to I want to command you on at my will. My
back work for me remember,
you're boring to public with this bullshit. Dow Jones
Industrial Average. Let's go get the basic tech analysis. And
let's look at the two year chart. All right, so we had a
couple of interesting this is very funny chart because it was
at 14,000. Back in September of oh seven September, October,
November, maybe then it took a dive dive as would do. And then
in January of oh eight It dived and bounced off at 12,000 a
couple of times made a little a little what they'd like to call
a bull trap. Which just means the market looks like it was
going up and decided to go just the other way. And then it came
down I think I guess it started in May June, I would say from
this June maybe June oh eight it took its first its first dive
and then it took a huge dive. The big one was in October,
right
thank you took you long enough to get there. Press Release.
Tober is always the traditional month for this kind of thing.
From the
federal reserve.gov website, October 6 2008, the Federal
Reserve Reserve board on Monday announced it will begin to pay
interest on depository institutions required and excess
reserve balances. This is what happened, John, this is where
the this is where the credit crunch came from the Fed for the
first time and as far as I know ever started to pay interest on
deposits, which is the in the Federal Reserve banking system.
Banks can lend out a factor what used to be 10, but it's probably
30 or 40. By now, amount of money they had in reserve and
they put that money in the Reserve Bank, but they didn't
get interest on it. So as of October 6, the Fed started
paying things 75 basis points interest on not only the
required reserve, but any excess reserve balances. Now I haven't
done all the research yet, but I'm pretty sure the Fed's
balance sheet has ballooned access to an extraordinary
amount. Because all these banks, they took that money, they took
the TARP money, and they just deposited with the Federal
Reserve to get more interest and with more security than anywhere
else. This is I call this a smoking gun.
Wow. That's I'll give you 10 points on that one. That's a
pretty good theory.
And I like it, it scares me. This scares the bejesus out of
me. So all they have
to do to fix the economy is saying we're not going to give
interest.
That's all they have to do just to get the credit flowing.
Absolutely. Yeah. And I think about I mean, I don't know what
it is now, but 75 basis points. I know it's not very high. But
if it's from the Fed, you know, shit, yeah, I'm gonna put my
money. Look, I wish I could put my money in there. It's free
money. Totally free money, but not just for the required
amount, but for any excess. Oh my god. So this is this, you
know, all these things make me think more and more this is
architected?
Yeah, well, that would make some sense, architected as you know,
now we're going to have that's why by the way, if that's true,
which is a really interesting concept. Although of course, we
had all these other witnesses where we had like cheap oil now,
I mean, things should be booming, if that's true. And it
can be reversed so quickly, because if you look at that
chart and October that sucker took a die like it went
in a week, it looked like a real crash I mean, we had 700 points
then 600 points 300 Boom, boom, boom.
And so if that's true then the theory that a number of us have
that that we could have a rally this year or a boot bull market
even this year holds up because if they put the you know this
they just pulled the trigger on that no, we're not gonna give
you interest anymore. We never did that before we're not gonna
do it again. Doesn't seem that they could point back maybe and
say, Well, look what it did. It wasn't a good idea. And they
stopped doing it.
I don't think people know about it. No one talks about you now.
Well, yeah, I'm
gonna harp on it. I will bring it up with Horowitz the next
time with him. Thank you Please do thing and we'll see what he
says please do. But that was a good find. Well, you know, you
got to listen to sometimes you know, you sometimes you can do
that you can go and look at that you can look at the
circumstances of a of an anomalous crash. I mean, the
situation we're in is very unusual. And you can just go
look at what what news of the day took place. Was there
anything, you know, when they had that, that debt crash back
in 2000? You know, there was there may have been a connection
between that and the Justice Department going after
Microsoft. That Bill Gates is that so what was going to
happen? And so if you find that the news or that you might find
that there's some just little thing Oh, even though this is
not littles major, that triggered the whole thing, and
people are blaming it on everything else. And again, this
brings us back to the situation with the oil run up. People were
dreaming up all this malarkey. This baloney about oh shortage,
there's not enough oil in the world Peak Oil, peak oil, we're
all gonna die when the whole thing was rigged. And there's a
number of people who knew it was rigged. And they've said it was
rigging,
the biggest oil company is, you know, what would truly the
biggest American Oil Company is?
Was the Lehman Brothers are so Morgan Stanley.
Exactly. Yeah. Morgan Stanley.
It's a trick question. Anyway. Yes. So that didn't get to this
time, I will curses. Anyways, so they had, you know, so you get
to just baloney that's fed to the public, and they all eat it
up and buy Priuses and, you know, turn off their lights,
which they should do anyway. And, and then, of course, the
scam is unveiled, and they do a little regulatory change. Of
course,
well, no, then it's oh, there was this one company who was
doing all this hedging and short selling and blah, blah, blah,
they make up some bullshit.
And then nothing goes drops like a rock. Exactly. Yeah, we're
being scammed with unbelief.
Well, let me I just want to. Yes, I've been
in the market forever, because I kind of put myself through
college with because
you've been around forever. That's right, Sonny white folks.
And so because like you.
I stepped on that do it again, white folks, and then they're
ignorant motherfuckers like you. So we'll get to that clip later.
And that came from couldn't resist. Isn't that beautiful?
Yeah.
It's almost as good as.
Morning, the thing is, you know, that I was always told from the
get go as it's rigged. really got to be on the right side of
the horse, you got to be on the right side of the game. And that
was his time, where he's just trying to outguess how it's
being manipulated. I mean, there are legitimate things that do
take place once in a while for the generally speaking, what
we're watching here is just a scam. And then, you know, then
they get, of course, I don't know, like you said, is huge
yachts and they don't give a shit about some nine year old
man having to work at McDonald's. And
if all the banks went went bust, right. Completely gone, it would
only take 400 Points off the Dow. Right. It's not it. Yeah,
it's a big industry. But it wouldn't impact everything that
much, however, to then see that this industry piling on we
talked about last week, they have pumped $147 billion in
bonuses in 2007. A Come on? Just look, I you know, I'm no college
graduate. But even I can see that doesn't add up.
So anyway, all right, enough of this. Right. So
let me let me get to something. Already. politifact.com has
something they call the Obama letter,
which you really should take a look at. I liked the Obama the
Obama era. Yeah. And what they're doing is they're
tracking his campaign promises. Oh, yeah, I've seen this. Right.
So I pulled it up this morning to take a look at see how he was
doing our president and the, you know, on this, he has held on to
a lot of things kind of but a really important one was the
sunlight before signing promise to reduce bills rushed through
Congress and to the president before the public has the
opportunity to review them Obama, quote, will not sign any
non emergency bill. That of course is the key without giving
the American public an opportunity to review and
comment on the White House website for five days. Well,
that is exactly the opposite of what's happened. The s chips as
an example, of course the lead better bill not that anyone you
know, but I still I would have liked to have seen it. You know,
the promise was five days and you get the comment on the
website. It that's just not there. And now of course, he's
literally, you know, did his Friday thing which the markets,
I guess have now baked into their numbers by pumping the day
Our 200 points. And I said, you know, he said in no uncertain
terms catastrophe if we don't sign a bill catastrophe
disasterous and I think that kind of goes against the
sunlight before signing thing, doesn't it?
Yeah, I didn't remember that sunlight before signing, but I
can. You can take those prompts that promises list and just
throw it out the window. There's gonna be a few no brainers that
he's going to obviously get off the checklist. I've seen this
list. It's huge. Yeah. Promise It was unbelievable. It's like
whatever audience he went to. He made some promise, you know,
aimed at getting their vote. can't keep up with this. I mean,
there's no way there's things that are just There's way too
many of them and it's like he couldn't do it in in two terms.
So
here's what I've been waiting for. $3,000 tax credit for
companies that add jobs. That was a that was a big one. That
was the that was part of his middle class. Saving thing.
Well, that must be in the in the plan that they're trying to
patch right? No, it's not in the plan. But that doesn't make any
sense. He promised it
Ron country when my bitch nigga by own damn fries, you better
explain where that's coming from. Otherwise, we'll be deemed
racist.
Okay, here's the deal. There's a website and I've linked I guess
I haven't blogged it yet.
No, thank you. I appreciate it. That was I was watching like,
I'm not gonna do this on no agenda. If you blog it before
the show.
Okay, well, I'm blogging it today I go anyway. So it turns
out and there's this website, this woman's websites pretty
good site is kind of political, and she doesn't seem to like
Obama, which makes sense. Apparently, Obama did the read
of his own books for audiobooks. Yep. And this these, this is
Obama's voice, but he's not, you know, it's not him. He's quoting
people that were that he was raised with, and, you know,
especially this one colorful character who like the cuss a
lot. Well, if somebody asked to go ahead, he has to buy he has
to read by the way, I played these these clips to Andrew
Gromit, who says that, who read the book, and he says always and
he apparently, he says there's choice or material in there, we
get a whole really got the audio beacon pulled out these clips,
and we and they're all quite funny. And because but it's
Obama, you know, in this in the case of these profanities, he's
there was one character that he keeps quoting. And of course,
taken out of context, which we're doing. Yes, there are
white, humorous, ignorant motherfuckers like you. That's
one of the better ones, I think. But
but it ties right into my Tom Swift audiobooks, because now I
don't feel bad about about doing the the accent as intended in
the book.
I think you should. Yeah.
Wouldn't be cool if he just stood up. Now this would this
would really make my head twist and turn and flip around. If he
or one of his CSPAN morning shows. The President got up
there and said, Listen, this bitch has got a past. Come on.
Motherfuckers get some get some going. Now then I would be like,
okay, there is well, I would have hope
you would, but that's not going to happen. I don't think Obama
even in his own circles. Speaks speaks like that. I think I
think both though, but I then everybody kind of says this.
What would you see with this guy the way he's, you know, he's
very, he pauses a lot. And he's says,
because he has to read the next line
look at and he's thought this appears thoughtful. He's not a
guy who you know, I know a lot of black people who you know,
can they kind of drop into when they're around their their
buddies, or their fishing buddies, they kind of drop into
a slang style.
Of course it does. And when I'm hanging out with black people
that I also get when I was hanging out with Kevin Epstein
and his whole crew, it's automatic. It's normal. And you
know, then you just start you even can use the N word in that
situation.
Yeah, I wouldn't do it. So anyway, that's the Kevin Epstein
It was pretty funny. Of course, we were if you did it, right. I
suppose we were also all pretty hammered. So kind of word of
that
probably helps you. Anyway, the so those clips are probably
going to go around. I think they've already been turned into
a couple of rap songs.
Oh, perfect. Yeah, that's got to be sampled and Oh, yes. Yeah.
That was sample the fact that the other sky thing which we
don't have a clip of here, but we you know, I hate to even play
it because it's so profane is the Christian Bale.
Oh, that's fantastic. I love that. What a dick.
Well, He posted that on cage match, which you can go to a
cage match.dvorak.org. And we posted it there. I didn't want
to post on the blog because I just think it's so completely
out of line that, you know, I just didn't want to. I don't
want to hear it again. I mean, it was this guy had sounded like
a psycho. going ballistic. Yeah, it was just interesting
properties. But the amount of vitriol I mean, this guy's got
some issues that people don't
know we're talking about if you haven't heard about it by now,
because of course, this is the news that everyone talks about.
Even my compatriots John C. Dvorak seems to be consumed by
it. Christian Bale was on the set of Terminator, the new
Terminator movie. Yeah. And someone walks into the shot or
there was behind the scenes, it was in his it was in his
eyeline. Right, right. Yeah,
he's just walking around. And the guy just goes
off, goes off. And the joke of it is I love reading the
comments on some of these websites, because people defend
them all. You know, he's a serious actor, and he was in the
mood and he lost it. He lost his sense of self and somebody else
says, Hey, dude, this is Terminator. What kind of what
is? This is nice.
Not Shakespeare. God. All you have to say is I'll be back.
Eight people in the chat room are even saying the same thing.
John, will maybe he was in character. Oh, please. He's just
an asshole. There are assholes in the world. face reality.
Yeah, there are acelin This guy sounds
like actually the Go ahead. That guy's not that great of an
actor.
I haven't seen him enough for his work. But if you think
Entourage is just a joke. No, it's that's the way it is.
Hollywood is just one big asshole community. Yeah. And
people on top kick the people. That's just the way it works.
You know, that's why they get along so well with the
Washington. You just have show business for pretty people in
show business for Ugly people. And they're all assholes.
Firstly, individually, they're not always but you know
what? A lot of them are still. Yeah. I mean, you can get along
with a few of them.
limited quantities.
Yeah, unlimited quantities size you have, you know, some more
sensible?
So I've been thinking about this smart grid that we're going to
spend all this money on. And you and I actually wouldn't when we
first looked at the at the President's Economic Recovery,
what was it kind of blueprint before it became whatever the
whatever it is, at this moment, because I'm sure it's still
being worked on. There was all this talk about a smart grid.
And, you know, and I think you and I both agreed, yeah, that's
what do we need to spend all this billions, like, like 90
billion or $100 billion on the smart grid? And I got, I got
some feedback from engineers, mainly, who say, Well, you know,
our grid really sucks. And you know, there's much more
efficient ways of transporting blah, blah, blah. And then all
of a sudden, I'm thinking, no, no, no, no, no, no, no. Now I
know what the smart grid is the smart grid. And I believe MIT
has a part in this. If you look at and this is coming from the
conspiracy circles, but it sounds I haven't done all the
research yet, but it sounds right on the Smart Grid means
that they will actually be able to tell you or perhaps even
control your heating and your lights and know exactly how much
you're using per device. And I believe will be used against us
to say, you know, hey, no heat for you divorce. And it could
get shut down. That says something
bad about Mary Shapiro. Think about 40 degrees in your house
punk. And oops, there goes your router.
I mean, what else could a smart grid mean? Doesn't that just
sound Deathstar to you man Smart Grid I don't like it. I don't
like it one bit. crackpot and the Buzzkill?
You know, we got to get those jingles going. I have to but I'm
writing in my writing this weekend. I told you if you'd
write him again and produce Yeah, we'll get him produced.
I'll do it. I got a couple ideas.
Hey, big shout out to our listeners down under some of
whom are burning literally. Australia is just a mess. Or at
least I believe Victoria. Really what's going on? Come in. It's
like 46 degrees. The shits on fire. The towns are literally
just burning up because of the heat. I'm like, We're not
kidding, man. You haven't.
Santa grade is what Fahrenheit was as Google. Now. I guess you
could ask guys this amazing. Google does
how much is 46 degrees Celsius and I get to conversion out let
me just say in Fahrenheit.
305 is four 41
That's 114.8 degrees Fahrenheit 114 115 degrees. Shit is is
igniting spontaneously.
You know, it's 115 and Phoenix all the time these people are
just not used to it, right? No, of
course No, not right away. Have
you ever been in Phoenix when it's 115? Yeah, you
want to kill yourself, you want to put on a Leonard Cohen record
and drag the toaster into the bathtub.
It's not that bad. It's a dry heat. But anyway, but what's
weird about and people who is like the worst experience
getting in and out of your car. Because yeah, the car steering
wheel becomes red hot, and the seats become red hot. If you
leave the car out, outside in the open what you have to do,
because there's not a lot of overhangs anywhere in Phoenix.
It's just a big giant strip mall. And so you leave your car
out to run inside to do something, and within five or 10
minutes, the car is so hot inside, it's unbelievable.
You've left a windows open. And so you, you have to reach into
the car and turn it on hoping not to touch especially to the
back the bottom part of your arm, forearm and touch the
steering wheel to get a burn. Right on the arm. You gotta
reach in and you got to start the engine and turn on the air
conditioner and let it run for about five or 10 minutes before
you get in and it's still hot. Yep. What a life
and you have to move the dead carcass of your dog to the side.
Debt Free, sure,
or before you can actually drive. But I feel bad man
because I've got a lot of listeners in Australia, because
those those guys are under fire. Literally.
This is the middle of summer for them. So I guess this is like
July for us.
Can I just pitch about our president a little bit more?
Versus we're on the weather. I was gonna ask you about the snow
over there. But yeah,
let me do the snow. That's a good one. Because yeah, that is
kind of fun. I
mean, the last time we do the show on Thursday, Mimi says to
me, did you get the she asked him about the snow because we
have a friend out.
I told you about the snow cocked the kids built at night. Now
when I remember that, yeah, they were out there for four and a
half hours and they said Dad, dad, dad Well, my daughter and
her boyfriend. And then they said Come Look we built and they
built like a five foot penis erect penis out of snow right in
front of I put I showed you a picture. I didn't get the
picture. It's on my Flickr site. And it's disgusting. Well, it
was there for three days. But the second day one of the
neighbors had thrown a plastic bag over the head which made it
even funnier. Made it even funnier.
That is funny. And that's funny. Yeah, I
think I got good neighbors.
I do. Now you'll see there's breaking a window.
So Zurich is is laughing. I'm looking at the Financial Times
the weekend edition. Zurich is laughing because Zurich is also
a financial center and London of Kenya basically just shut down
for certainly for two full days. And now the northern part of the
country starting at Wales and going up north Wales is to the
west of course, but that kind of that line where Wales starts has
had in some places up to half a meter of snow and and all these
councils and municipalities have run out of grit. So there's no
and everything starts to melt and then it freezes up now right
now it's minus two centigrade here in London. So it freezes up
and then you can't drive on him because they have nothing to
write it's a mess now our friends out in Cornwall now if
you've been out there, but you know they don't I try to avoid
it. I try to avoid corners not they have these walled roads.
There's no it's just like a one lane road with me.
Oh, yeah. That's impossible to navigate right now. It's
impossible.
No, they had these plows that came through but they're not the
kind of claws with a V they're just a push plow. So they push
push, why should they use 10 foot high pile snow at the end
of this, this this narrow, you know, walled roads, anybody
going out they hit this dead ends, and then you can't get
out.
You can't get out of you can't get out of your own driveway.
They've plowed those up. What drives me nuts, though. You sent
me a blink about this the day before I left San Francisco. We
knew this for days ahead of time that this was coming. We knew it
would hit we knew what had London and these idiots who call
themselves politicians did absolutely nothing. The first
thing that should have the Prime Minister should have hit
television on Sunday morning or Monday morning and said stay
home state of emergency just stay home. It makes no sense.
Don't try to go there to rescue hundreds of people from the
motorway who were stuck in their cars overnight. I mean, it's
complete disregard for the public because guess what? Your
government doesn't actually love you.
Well, I don't know about that. I think it's just incompetence. I
think you're mixing up the two. You know negligence and
competence are kind of different.
Jeremy Clarkson is in trouble our typical English bloke from
Top Gear. He was in Australia, and this
is what he says ethic is that the big the big tall guy?
Yeah, the ofii. Guy who will hard yeah, the blow heart.
Exactly. Yeah, I love him because he's
not he's the best. He carries the show. He carries the show.
And he has his column, his weekly column. And right now
they're on some form of a road show. And they're down in
Australia and doing a press conference. And Clarkson gives
someone I think they have something about the Prime
Minister of Australia and Clarkson said, Well, we've got
our own one I'd Scottish idiot. And what I didn't know is that
Gordon Brown apparently is blind in one eye. Oh, no. So of
course, you know, it's
very one eyed guy. And
they all got fucking pissed off all the medical people, all the
handicapped people. Everyone's like, ooh, so I apologize for
it. And, you know, again, the it goes, Well, should we should he
be let go? And should we be fired? Because they want total
control of the airwaves? Because, you know, it's a little
harder to put the BBC and the government here in more than
they are like GE is in the government now in the US. They,
you know, they, the they're trying to get the Freedom of
Information Act of trying to find out how much the Top radio
presenters are paid. And the BBC refuses to tell anyone. What the
total budget is annual budget for BBC Radio? No. 460 million
pounds.
Wow. Well, let's say like $600 million. For what?
For radio for? Yeah, for some stations? Hmm. Seems a little
high. And 70% of their salaries goes to the top people to the
presenters.
Hmm, sounds like a good business. Hell yeah.
So I'm a little pissed off at the president. Because I did
have hoped for. For Change. Oh, please, when it came to
medicinal marijuana?
Oh, yeah. Well, you would lose it. Well, let me stop that. I
don't know anything about what you're going to talk about. But
let me give you my pre take. Okay, I'm gonna call the vortex
pre take, we can get a
join. Yeah, we should do that. It's default racks pre Tae
Pascal
in the morning. So something like that. So here it is. Obama
is a liberal Democrat by every stretch of the imagination. You
know, I mean, just by the numbers. And we all know that.
And he represents the probably the group of people that would
like to see medical marijuana more widely used and probably
maybe even want marijuana legalized in this country?
Because it is, you know, problematic, I think, thoughts
on this, but again, because of the Mexican thing and all these
problems. So Obama is probably moving this this agenda forward.
And I would suspect probably the next couple of years, marijuana
will be decriminalized?
Well, I think you're entirely wrong, incorrect, because just
look at what's happening around you that removing coffee shops
from Amsterdam. Marijuana has been upgraded from a C class to
a B class drug now on par with heroin and cocaine in the United
Kingdom. I disagree with you. And it what's happening in the
United States. You know, medicinal marijuana is legal in
the state of California. However, the Bush administration
put into force some kind of trickery, whereas they could
overrule the state's local laws, if there was some national
reason. So DEA the Drug Enforcement Agency has been
raiding medicinal marijuana shops for Well, for two years
now in California. And the President Well,
let me guess, let me guess Obama's put a stop to it.
Well, he would I stopped to the raids.
Yeah, he would because that's that's him. That's what he would
do. Right. Well, Drug Enforcement
Administration agents this week raided formed medical marijuana
shops in California, contrary to President Obama's campaign
promises to stop the raids. Now, this pisses me off.
I mean, you know, because for him, on that list of promises,
he promised to stop the raids.
Yes. Now he, he, because because he's, here we go. Here's what I
say. Here's
what he said. I don't believe this story. He has
shirts in The Washington Times. The President believes here's
the quote, the President believes that federal resources
should not be used to circumvent state laws. And as he continues
to appoint senior leadership to fill out the ranks of the
federal government, he expects them to review their policies
with that in mind. medical use of marijuana is legal under the
law in California and a dozen other states but the federal
government under President Bush bolstered by 2005 Supreme Court
ruling argued that Federal Interests Trumps state law and
it's still happening as of this week.
It'll end I'm sure it's a mistake.
Well, let me give you another piece of data then. Because the
person who's going to be who's not gonna fulfill your prophecy
is of course holder, the former lobbyist who is now Attorney
General. Oops, he'll have to recuse himself. I guess. A
lobbyist, ladies and gentlemen, a lobbyist is the Attorney
General of the United States of America. After that whole
happy away, man, I was under the impression that Obama wasn't
going to put lobbyists.
Are you just playing this game? Because you think it sounds
better? Or is that the way should we should do it that way?
Like, you're dumb because you're not. I'm just stunned. A
bipartisan group of 16 members of Congress sent a letter
Thursday to Attorney General Eric Holder urging him to allow
the University of Massachusetts to grow its own marijuana for
medical research. They're not they're not allowed to
do what? Let me get the story straight. Dude, give us give me
that one.
Well, let me let me So the story is that the University of
Massachusetts wants to grow their own marijuana for research
into its medicinal properties. And this has been blocked it's
been blocked. It's the same thing as the grow shops. The DEA
is refusing this or not allowing this to happen and now they're
writing to holder and he's not going to do anything. Well, you
don't know that.
I'm just saying. It just doesn't sound right me Obama's supposed
to be that's where this quote came from. The word doesn't
sound good.
No, of course not. Because while it's amazing it's just amazing
the shit that is allowed as compared to the stuff that isn't
allowed.
Well, they will do you think that gets me is that this kind
of thing is going on. But you know, right under everybody's
noses.
And no one's underage but us? Nobody's outraged, but
maybe you mean a few people that listen to us. Who may or may not
you know be outraged if it wasn't for us? You don't know.
And that's the end of it. And then meanwhile, the Obama bots,
which are all over the place are still thinking this is the
greatest thing ever happened to the country? Yep. They have
jingles and tunes they've written they had that
beautiful actress arm Jonathan Ross last night. She's in
pushing up daisies. The TV series. I watched it once I
couldn't get through it. I don't like the premise. What she's
doing Which actress and she was also in Goddamn, she was in some
good stuff. Chapter helped me out. Anyway, so beautiful,
beautiful young woman just stunning. And, and she's, you
know, she lives half the time in LA because she has a lot of work
in Hollywood and half the time in London. And she says Brea was
and she's a complete abama But it showed exactly what Hollywood
is about. She's like, it was such a wonderful feeling
everyone that day when when he was nominated. And then we all
knew that he was going to be president and since then, it's
just been a glorious feeling. We all feel the change and out my
mouth. My jaw went by I'm the prettiest chicks man. They get
the beautiful women they get there. I think it's actually
blondes are easier to hypnotize. If you look at statistics, and
I've been thinking a lot about this because we are under a form
of hypnosis brought on primarily by well or sustained primarily,
I would say by celebrity, cult of personality type culture. And
where we are hypnotized we're more anesthetized than ever due
to drugs that we're all taking apparently if it's not to make
your penis big for hours it's you know, to make you sleep
better or feel better or whatever. So we're we're
literally drugged and we're hypnotized.
Kristin Chenoweth channel with Thank you Gosh, she has a baby.
And Anna Friel is who it was, and a frill and a frill,
F R E I L. So they have two different blondes on
Anna Friel. Maybe she has dark hair in the show. Richard Drake
just gave me that in the chat. Thanks.
Anna Friel has naturally dark hair.
Okay, well, well, then, then the system is even better than I
thought,
oh, yeah, I've seen this girl before. She's a very pretty
British woman very pretty.
So their system is even better than I thought. And I consider
myself when I look back on my life, of which I've had some
now. I'm a visionary. And it doesn't mean like, oh, you know,
I can see in the future, but I actually I do and it's
accelerating. Let me give you an example.
So that you're seeing this it's all fractals. It's well, yes,
it's absolutely fractals. And maybe it's just my maybe I have
an above normal fractal recognition. capability. But
now, thanks to you actually, I'm starting to put that into
perspective. But you know, I saw what the internet could be and I
acted upon it I saw what online video could be. I saw the the
capabilities of of online radio. So that there's, there's so many
different things that I've seen, but it started to accelerate at
first I was 10 years ahead and I was five years ahead and always
kind of this last venture really three years ahead of all of this
alternative media popping with with video and audio and ways to
monetize that. But now I'm seeing so clearly what is taking
place around us. Which a lot of people Oh, this is the awakening
and bullshit. Here's what it is. so rare. Yeah. Well, no,
there's, there's there's a lot to that as well. But that's a
separate, coming. No, no, no, that's not what I'm going with
this. I'm just giving you where I'm going with it is a hypnotist
will put in a key word often, you know, and it's or, you know,
when I count to three, and I say Wake up, you're going to wake
up, you won't remember any of this, but he actually can wake
people up and you can bring them back down on him. And that's not
trickery, that this is for real. Right? You've seen hypnotist?
John, they do it right? It'll appear
so
head you hedge fund you. So I now know why I can see things.
So clearly. I figured it out. I have my trick, and it's
something that everyone can do. And it will help you see the
true evil nature of the true rulers of the earth around us
and what they're doing. And it's the rose colored glasses, John,
I figured it out. Because when you wear rose colored glasses as
I have for all this is
very interesting. I'm gonna give you I'm gonna stop it right
there. Because I have to mention to the people out there that
because I don't think anybody knows this. But you actually
wear rose colored is gonna be the I could just see some chat
rooms lighting up on this crock pot and the bus can actually
wear rose colored glasses. And there's always a lot of
references in the literature about seeing things through rose
colored glasses.
Yes. In fact, it started around 1871 I believe I think it was a
politician who was accused of seeing nothing but rose colored.
Seeing everything through rose colored glasses. We should look
up the etymology. Yeah, that etymology or is that
phraseology? Well,
could be either. You looked at it. Take a look at the link I
sent me Well, okay.
But here's what I wanted to say. Hold on me take it the link. Oh,
but she has really long curly hair. She was wearing a wig,
probably. Jonathan Ross, but stunning, beautiful, long legs.
Just she know, I won't go there anyway. It's not wearing the
rose colored glasses. It's when you take them off. That's when
you can see it. Because the whole world for me is nice.
A couple of science fiction stories like this, by the way
really
well. It's nice. And it's and I wear them almost all the time.
But I take them off. And I've noticed and I started to think
what do I What is how does this really tie in? Can I corroborate
this, I usually take my glasses off in meetings. And then And
honestly, I feel very comfortable doing that for two
reasons. One, because I can look someone in the eye, and I can't
see their face, because I need glasses. And for some reason, it
puts me more in tune with my thoughts. And I'm listening more
than I'm looking. Although I'm sure I could get a lot of cues
from looking. But still, it gives me it's even better. Of
course if I put on non rose colored glasses to actually see
the room. Then you see the ugliness of what's actually
taking place. So it's almost like I've I've over sensitized
myself to groovy to a groovy shade groovy colors and I take
it off and then boom, then all of a sudden, all the real crud
is much more visible. And I'm once again I'm going to start
selling crock pot rose colored glasses, and they'll be 995 And
they will have blue blocker capability. You need that? But
I'm thinking this is the way that could you imagine droves of
people wearing rose colored glasses and the scariest thing
is not when they have them on but when they take them off
because then you know they can see right through you.
i Yeah, it's interesting. I liked it. I liked the idea.
Thank you and you are actually a you are a coca kind of a
definitely a crackpot visionary.
But visionary in the sense of you know, I'm not brilliant.
It's just a
little ahead of your time just ahead of your time. Do well if
you're too far ahead of your time that
you can never exactly, exactly and I've been. You're always
reminded of the guy who's who was was interesting character
because he was always so far ahead of his time. Is Tim
O'Reilly Media. Riley publishing? Yeah. Besides come
up with his book company. He came up he was on the World Wide
Web.
He was on the well days right back in the days of the web, and
he caught the World Wide
Web Every action immediately when it first was introduced and
thought it was going to be the biggest thing ever, because I
had on my radio show back in 93 and 94. And he was going on and
on like crazy. Then he did the global network navigator. Oh,
CNN,
of course, I remember. That was, that was a, it was a book, but
it wasn't also a gopher site.
It was a it was something between a browser and a a
portal. It was actually probably the first portal. And anyway, so
he had that. And he sold that I think to AOL, or CompuServe, or
somebody like that. And he was kind of in on the whole thing
saw everything common knew where it was headed. God in God is
global navigator thing started and then was out onto something
else before the internet ever hit. It was it was hilarious. I
mean, if he had done all that stuff five years later, like in
the late 90s, when the when you were just they were throwing
money at everybody. I mean, it wouldn't have been funny how
much he'd been worth. Yeah.
Well, so yeah, that's, I don't want to say I'm Tim O'Reilly.
But I do look at something like the internet. And then it just
draws me like a magnet. And and I have always been a little bit
on the early side. So I've never made silly, stupid billions of
dollars. I've done quite okay for myself and most of it with
actual work, which is kelps. Yeah, you know, I am not one of
those guys who creates phony companies that are based upon a
valuation that has nothing to do with with making money if a
company doesn't make money is no good to me.
Yeah, well, that that model is not working. If you haven't
noticed right now, because they don't have any IPOs because of
Sarbanes Oxley, which right place to screw things up just
like the interest rate deal.
Exactly. And the wonderful state of California besides not
handing out tax refund checks now. What was it they had the
day off? They closed everything on? Yeah. Was it Monday?
I think it was Friday, right? Friday was Friday.
Yeah. Friday. Yeah. DMV close. Schwarzenegger is emergency
services offices was close to 100,000 state employees forced
to take the day off turn on your your speakers a little bit,
John, I'm getting some no sorry. And what they call it furlough.
So what they call a furlough. Yeah, that's a good 140 $2
billion budget shortfall. See, what people don't understand is
that when there's no money, then you know, guess what? It
actually happens that there's no money and when there's no money,
then then Well, this is the danger. I'm Oh, no, yes, we have
hundreds of 1000s of state employees who are in deep shit.
They're already making less money and they've had all kinds
of cuts and they're gonna get laid off. And but when the
welfare checks don't come, because there's just no money.
That's when there is a panic. And all I hear is, I see
Schwarzenegger, I see him saying that state of emergency Hello,
hello, help, help were messed up. It's it's, you know, it's
we're going down the tubes here. There's no one talking about it.
There's no talk of lifelines. There's 40 other states that are
in the same position.
Yeah, yeah. Well, California is in bad shape. They're stopping
projects. And they, you know, they losing $32 million a day on
unemployment benefits. Well, but but there wouldn't probably
wouldn't hurt if the state was more pro business than it
actually is. Hey, by the way, talking about, I just did
something came to mind. If you don't mind me changing the
subject. I'll go for it. So Bill Gates goes down to Long Beach
with a box full of mosquitoes and releases them.
I knew you were going to do this. This is the TED talk,
right?
There's violence. We have multiple violations of state and
federal laws here. You cannot import into California disease
vectors. Well,
first of all, okay, so here's what happened on one of those
TED Talks. If you've never seen him go to ted.com. And you can
see Bill Gates doing this. And I watched it, because I knew you
actually, you sent me an email about it. So I knew you're gonna
bring it up. And he's talking about malaria. And he says,
Well, let me just show the hundreds of millions of people
dying until we discovered it was mosquitoes that were passing
around, and I brought some with me and he opens up a canister
and you can't really see it on the video, but apparently
there's mosquitoes that then start to fly around. So are you
really believing that a these were imported mosquitoes and be
that they were possibly infected with malaria?
No, I don't think they have malaria. But the mosquitoes have
something like 50 or more. I have a list that was sent to me
by somebody who's actually filed complaints with the CDC, the
California Department of Agriculture and two or three
other agencies which which control this sort of activity.
You're not supposed to do this, especially in California and
agricultural state where we don't want people bring in fruit
flies, or whatever. Yeah. And so he just callously does it as a
gag. I want to see what happens because it seems to me that
there's a nice V there's a fine involved here and they might as
well find a guy who's got plenty of money but I'd like to see
what would come to this but it hasn't but I've been watching
all these news stories and nobody brings this up.
Well this is like hello the punch line the reason he opened
this up and then the punch line was i There's no reason only
poor people should get it. You know, so as a quasi threat well
of course he's nothing will happen because it's like Martha
Stewart you know the true evil people never get punished and I
have really put my doubts next to Bill Gates his name with his
foundation store and seeds going to live in Paraguay with the
bushes
Yeah, so let's go talk about that. So I guess the we got one
of our listeners is in Paraguay,
let me bring up his name so we can IDM
go ahead and he sent me some note about something or other
and we're going back and forth with him mainly because I'd love
to go to Paraguay just you know.
Check it out Christy and Christine Benitez
just gotta be very stressed. Hey,
man, you're breaking up what the hell is that fucking router?
No think so. Anyway, let me get back on track and see if we can
start over anyway so this guy is he mentioned that the bushes
have you know because we all know that the bushes have bought
land down there because it came up in the conversation sometime
last year as you know as though there was going to be a
revolution United States and they were going to go to
Paraguay to to to live. But it turns out they're just they
actually bought an investment they own like most of the
aquifer.
Yeah, aquifer Gorani the biggest water reservation in Paraguay
so they basically bought a a well basically for like, you
know the movie Chinatown. Oh, god I don't know why I got an
investment for you.
Yeah, every day you slip over to the dark side. I like it.
Anyway, so I've found that amusing. FEMA food kits may
contain tainted peanut butter that's from CNN.
Well, that's a good one.
And let me just see what the give you the whole story. Food
kits recently distributed as part of disaster relief effort
in Kentucky and Arkansas which case you didn't know there's
some bad shit going down there to may contain peanut butter
contaminated with salmonella linked to a nationwide outbreak.
The Federal Emergency Management Agency said Wednesday commercial
meals kits manufactured by Red Cloud Food Services glue under
the Standing Rock label. That's what a joke that is have been
provided provided to disaster survivors and impacted
communities and these kits may contain peanut butter which is
part of the precautionary precautionary people are dying.
precautionary national recall underway in accordance with the
US Food and Drug Administration FEMA said in a written statement
so as the CEO of that company that made all this because
you've been
hanged yet has he been
arrested? You know it's gonna go to jail.
You'll hear about that do you never it's a peanut corporate
isn't peanut corporate of America.
US peanut grinders of none Georgia so I don't know who they
are. I can't remember
well, this is part of the problem
it's not part of the problem or the problem is that the media is
not covering you know they're not outraged enough. I mean,
everyone gets all carried away but well let's do the recalls.
But nobody says what about this the CEO and then the executives
who made the decision to keep producing crappy peanut butter
and killing people? How come they're not in jail?
I'm looking at the doing a google news search Stewart to
her now
that's not in jail. Well, Martha Stewart went to jail
because they were not in the game. That's the whole that is
the whole point. We're not in the game. We are the ones that
are going to have the smart grid blanketed over us and we become
fucking batteries for these people. Batteries just all we
are and batteries have a certain shelf life and this done here we
go
this is the guy we then that's a possibility for a T shirt. I'm a
battery a battery
I'm a battery for the New World Order
like it yeah
just make it official battery for the New World Order and on
the back or on the front you have you draw like a battery
like a like a double A battery with the top that's near neck
right and the bottom. They just have a fucking battery would
connect here. So this guy's name is hold on minds. Well, Shane,
we might as well shame him John CE. O, but not found, and this
is weird. Stewart Parnell owner and president. Let me Google his
name Stewart Parnell owner and president of peanut corporate
America. You know, this guy just walking around. You know, he's
just free. Even though the FDA, the FDA says that he knowingly
knowingly this company sold the tainted shit. Knowingly
unbelievable, Lynchburg news. Okay, this this is local, which
of course is much better. Lynchburg company makes few
comments about outbreak. Peanut Corporation of America was
founded in 1976 by Stewart Parnell and his father Hugh, who
has since retired but remains in the area. Most recent
statements, January 13. Parnell said we understand the
seriousness of the situation that our company faces with the
current product recall crisis, and we deeply regret that these
circumstances are causing distress to our customers, our
employees and our customers, our consumers. Jesus. So your answer
is he's just hanging out.
Yeah, Tigres. bit sad. What other? What other depressing
news do we have for the public?
Well, actually, I wanted to, because you said the last show I
ended on such a downer. I actually feel really good
because I feel that Oh, yeah. And I want to make a short term
prediction. I believe that Monday, we're going to witness a
significant shift in the markets, this will come right
along with this bill being passed. But I believe probably
the 13th I may just be right, I didn't think I was gonna make
it. I think we will see a massive, massive crash around
the 13th of February. And it's all coming together
simultaneously. And it's all orchestrated in my mind. Well,
let's see, whoa, whoa, wait, but wait, wait, let me finish the
thought. So this means that all the things that we've been
talking about, or it's certainly that we've been talking about
together for over a year now, John, episode number 70. And
what I've been doing for even longer on the daily source code.
So now now watch our numbers go up, because people are going to
start saying shit, you know, these guys were right, you
should go listen to them. And it's really, it's not the
dawning of the Age of Aquarius. But so now we got to hunker down
and we're all going to be pretty much equal. Because your money
is going to be worth shit, at least for a while. My money,
your money, anybody's money while they have gold? Well, yes,
I do have gold. So I'm going to be okay. But I'm not going to I
don't have all my money in gold. You know, it's just can't.
So alright, well, I'm not convinced there's going to be
some sort of a crash on the 13th. But that's the whole
hopefully won't go below that November 20. Number, but let's
assume that they've said that. That would be the probably the
launch point for the economy to go up. Hmm,
now, I think I think we're in too deep a hole, you know. So
what would the British model that is the US is now following,
you know, all things being equal. If I were to recommend
any way out of this, the idea of a bad bank is probably the
closest thing to not nationalizing but you know,
making something happen, oh, and by the way, no longer offering
free money through the Federal Reserve. That would probably be
a way to go. But now they're choosing the British model
following the one eyed Scottish idiot, according to Jeremy
Clarkson, which is become an insurer for the banks. Now, if
you follow synthetic credit default options, which is more
nothingness on on a spreadsheet, and this is trillion, that may
be $100 trillion dollars worth of shit. So if a bank goes out
of business, all this stuff is going to have to start coming,
it's really going to have to unravel because the same people
who got us into this will once again be standing there with a
hand saying, where's my money, and the taxpayers will be on the
hook for this?
Right? What should really happen, especially with this
credit, Default Swaps still out there? And has lots of them in
it, and then nobody knows what they're valued at because it's
an unregulated sub industry. Yeah, well, I've heard 40 The
banks that are holding these us or anybody holding They should
just go bankrupt.
Well, so that I think that's the the problem there is, then every
everything unwinds, in the same way, with the only difference
being yes, if you just let them go bankrupt, and I'll say it
again that capitalism without bankruptcy is like religion
without hell, then we would go through some serious deep shit
times, but nothing compared to also being publicly liable and
have to pay that pay people back. I mean, that will really
decimate everything. And so I think that when you when I hear
you say, Well, this is interesting, or this is a little
bit different, and it's never quite been seen this way.
That's, that's what is different about this and why I don't think
I don't think your cycle, you know, I think your cycles just
coming a little bit earlier than you believe it's come here.
I'm not buying that yet, necessarily. But it's possible
today. But again, the one thing that's interesting about
studying all these cycles, is that every time something
happens, every time there's an economic downturn, that is major
and important, it always takes a different form. It's that you me
the last time we had a really bad situation was in the 70s,
where we had something out of the blue, nobody ever seen it
before. Nobody even knew what to call it, they finally invented
the term stagflation, right, because it didn't make any
sense. But with with little fashioned economic analysis that
this would this possibility would exist, which is that you
have no interest in anybody buying anything, but prices are
going up. Yep. How do you do that? How does that how does
that work and make no sense that brought in Milton Friedman, who
explained it with his supply side stuff. But now his you
know, that doesn't explain what's going on now. And
there'll be another new famous economist that was crop up, he's
probably, they always tend to be older. And they died during the
era of their theory, peaking, which would happen with
Friedman. And it happened to guy before him and Keynes and you
can go back to Ricardo and everybody in between. And go
back Karl Marx. He was also instrumental in the 1850s 60s.
But it's mainly the Chicago School of Economics, those the
guys that that
that was kind of running things currently, but there'll be a new
guy cropping up with a great explanation for everything, be
an older guy, he'll die probably 15 years from now. And it'll
make sense. But we haven't seen that whole thing shake out yet,
for anyone to deconstruct. So we're still in a holding pattern
here. I'm confident based on my studies, that we should have a
student have at least a two year boom and model and you're
looking at the way it unfolded in 1890. That's kind of what I'm
thinking.
I'm hoping I have to go look at that. Well, at 90 A lot of
that's that was this is why I'm so positive because in around
1890, that's when we had Tesla that's we had Edison. That's
when we had a whole bunch of really amazing people come up
with amazing shit. If only this time around, we can protect
them. So the next generation doesn't have to go through not
to go through 100 years of stifling of real innovation and
human prosperity and using our brains in more ways than one. Ie
not being batteries.
We haven't those same kinds of people today. We've got Bill
Gates, Scott McNealy, John Doerr. Okay, go ahead, kick
kick. I'm sorry. That's okay. I you know, I wasn't trying to be
funny here, but I couldn't come up with enough silly names. I
understand what you're saying, but I appreciate it. I I've
opened up all the boxes I for my bookcases finally in and I was,
you know, I, I love books. If you ever want to give me a
present, just give me a book. So I keep books, the ones that I
liked the most. And I have one here from 19. When did this one
was this given to me? Well, it was given to me by a senior
banker at Bankers Trust, because we were doing a derivatives
trading system for them. And it's called Understanding swaps.
Who and it's a fantastic it's just I love reading this book
again. You know,
maybe just two women from the SEC should have read that book.
No other market is chapter one. No other market in financial
history has grown as rapidly or evolved as quickly as the swaps
markets from 1979 is when their initial inception in 1979
notional principal outstanding have grown from virtually
nothing to over $5 trillion 5 trillion. Now this book was
published in 96. Probably
what's the name of this book again,
understanding swaps.
And who's the author?
Marshall is a couple of authors here. John F. Marshall,
Professor of Finance and Where Graduate School of Business St.
John's University New York Kenneth are captioner
that's okay. I just need the one name that says there's a famous
name on there
those two guys yeah Jack Marshall and Ken Kepner. But
even when this book was published already $5 trillion
Can you imagine what it really is? It's gotta be 500 trillion
by now it's gotta be
well let's see a 90 I forget when the guy says the Madoff
thing the guy testifying against Madoff or against the SEC we
should we should know his
name and we should repeat
his starts with an M what we should repeat his
name over and over and over because this is the Paul Revere
of our time.
On this piece of paper was read Markopoulos Mark calm lark, calm
Markopoulos, ma RK O P. O. L. O. U. S. Markopoulos capitalism
capitalist Markopoulos, like Acropolis, only mark
Markopoulos, Markopoulos, Markopoulos Acropolis, well he
should have an acropolis named after him apparently
I guess it he's he knows of another billion dollar cup Ponzi
scheme that's out there that is going to but that's
that's but that's the fractal going down. We need to look at
the fractals going up because you just don't have a $50
billion fractal sticking out of space for no reason without
something above it. As John Brown says in the chat room,
probably 1.4 quadrillion in swamps out there. I believe it.
I believe it.
You never know. Somebody gives you those yachts are expensive.
Have you ever seen those mothers man, those things? I've
seen some in Monte Carlo and I've seen a lot of photos. Paul
Allen has three of them.
But yeah, with two helicopters on it, and that just blows me
away.
Yeah, what do you need to helicopter for each foot? Ah,
it's just like a lot of them have a couple of helicopters and
a submarine.
I've you know, I I'm very interested in personal
submersible. The Amsterdam police have one that they use in
the canals. It's a one man submarine, which is just the
cutest thing ever. And what they use it for is to go around and
see if people aren't dumping human waste from their boats
into the into the canals or into the rivers. So they're literally
spying under you to see if you're pooping in the water. But
the but it's a beautiful little sub. It's like, Oh, I love what
company. I've been up in the Microsoft territory in
Washington State. I don't I haven't followed them for years.
But I remember seeing that they call it I think it's called
American submarine. And they were trying to commercialize
submarines instead of you know, instead of buying a speed boat,
you'd buy one of these things.
Yeah, I've seen I've seen some some of those companies. And
they were you know, like, like a yacht like a serious yacht sized
submarine. Yeah, that would you know, and do you know like 10
knots or 12 knots underwater, you know, like some serious
serious hardware, you know, 80 or nine $90 million? Sure. I'm
sure that it's available if you want it
when a who would own one of those things.
But only someone who has acquired massive amounts of
money and I guess the only way you can get that kind of money
is by cheating doesn't that sound kind of right? Yeah,
you know, either that or you. There's somebody there's
probably some elements of that in any one of those super
fortunes can take a look at Bill you known as the world's richest
man for a while. And you know, he basically scam some guy out
of MS DOS or $50,000 In Bills fortune around that. And then
played dirty football throughout most of the run up of this
Microsoft stock when it was doing well. There you go.
Offensive one story I remember I was told by one of the lawyers
that used to work with Gary Kildall was that Microsoft was
gonna go out of business for a while until they went to Gary to
get a license for CPM and manufacture what was was an add
in card a CPM card that you put in the apple to to run CPM
programs on an Apple really Yeah, it was a Microsoft called
a soft card. Microsoft saved the company with that because Kyla
didn't want to license CPM to anybody. But they talked him
into any fit felt he could do them a favor and save the
company he saved the company and the next thing you know
Microsoft does everything it can to screw yeah of course did your
research CPM and you know button mainly gem the operating system.
They came with a graphical user interface operating system
called Jam Jam. Yes, I remember that. That knew that they were
signing deals with left and right and Microsoft. This guy
says, you know, he they said they'd go in and sign a deal and
they'd see Bill go in there like a week later and clear the deal.
One after another. Jim never went anywhere. And then, you
know, CPM and Gary ended up actually Gary ended up dead on a
weird barstool incident in Monterey, I
really, you know, that that is deemed as pornographic in the
United Kingdom. What a weird barstool accident.
Anyway, so I just like
to thank all of the no agenda and daily source code listeners
for sending me the audio recording of flight 1549. Yes,
thank you. I have heard it. We played it. Yeah, it's just 1000s
of emails. And I just want to say the following about it. So
I'd listened to the NTSB version. It's pretty funny as a
guy who comes on and says, My name is John Baba, I'm from the
NTSB, I certify that this is the true recording. And then
subsequently, the whole thing is edited. Because you can hear it,
you hear it, you literally hear the static fade in, which is not
the way typical reception works on aircraft communications. So
they're fading it in and out whatever the you know, the
besides the fact that the pilot and I find this very, very
strange, very strange. There's one thing when you're flying,
and again, I've been an aviator for a number of years, I have
1000s of hours to my name, fixed wing and rotary. I've been
around. I've flown in America flown in Holland, France,
Germany, the United Kingdom, messing up your callsign it's
like a big no, no. And there's a couple of reasons for it. Even
if, if, if I have my callsign November 277 Delta Sierra, if
there's someone out there that is golf, November 275, Delta
Sierra, the controller will mention it specifically just so
you know, Delta shara, he'll give me then an abbreviation.
There is another Delta share out there. I'm going to call him
this. Right. So the captain calls himself flight, cactus
1539. The controller repeats it as cactus 1529 The actual flight
number according to all press is 1549. Okay, it's on radar, the
radar screen will actually show the flight number. How can the
captain that the pilot in command mess up his callsign?
Okay, maybe because engines went out whatever. That is highly
suspicious. I don't just gloss over it. I think there's
something very messed up with that. It's just wrong. And it's
confusing. And that alone is a dangerous situation where you
have at least in communication, two different versions of the
flight number. Now second, the the general consensus amongst
aviators out there is that this is really an Airbus problem. The
Airbus, unlike Boeing is totally fly by wire, the computer
controls everything. So when the pilot thrusts up his engines,
he's not in direct contact with the engines, he's in direct
contact with something called a fade deck and the fade X stands
for fully authorized fully authorized digital engine
controller. So the computer is authorized to make decisions
about the throttle. So let's just presume the bird strike is
real. And something got ingested into the engines the general
theory is that the Airbus computer decided to shut down
the engines which may not have been necessary and you don't
necessarily blow up our fall out of the sky if you ingest a bird
and a double bird strike this is like this is already so highly
unlikely. So strange third thing and then I'm never going to talk
about it again because it'll come out one day and and then
I'll do a Neener Neener third thing as you're listening to the
cockpit report recordings, not until the very end, remember
this is a an air an Airbus. Without engines gliding through
the sky engines are out the computer has shut down the
engines. You do not hear a single warning bell procs
Nothing, not a single thing is going off in that cockpit until
the very very end when he says you'll find this in the Hudson.
And you hear what to me sounds more like a stall warning. But
there I can hear some sound. But all the while I do not hear
anything in this cockpit. So I don't like those three things.
I'm happy that everyone got down safely. I think it's a great
feat by the crew. Which I include the flight attendants
because they're they're really for your safety not disturb you
a drink you stupid lazy bastard. And it stinks to high hell, it
stinks, it stinks, it stinks, and I'm never going to talk
about it again. But one day, you'll see that it was stinky.
Now, it'll never come out. Either you left out the other
thing or unless there was another version of the recording
that included it, which was the controller saying, the pilot has
said he's had a bird strike and but he never did
know, I went back and I listened to it. I listened to the
original recording. And he says bird strike lost thrust.
Oh, then the guy says he's lost both engines. He did he ever say
that? Yeah.
Cuz I was listening. That felt good to me. That felt like I
will say there's a couple things. So the sequence doesn't
really make sense. Because the pilot basically says, I want to
come back. And the guy says, okay, and then he says, I
couldn't get it for you. And I'm not quite sure what he couldn't
get. It seems like I'm missing something or someone says you
can't come back. You can't land on this runway because he calls
someone that part. You know, and I'm pretty good at listening to
the radio. And hearing those communications. There was
something weird about it. The whole thing. Here's what just
weird.
Here's what I'd be on the lookout for. There were a number
of executives from the Bank of America on that plane. Yep. 30
seconds. How many 30? If any of these people show up dead in the
next, let's say a year under mysterious circumstances,
especially if more than one of them do. Yeah. There may be
something to that.
Yeah, no, I think I told you that theory was it was it's
warring bank factions. It's basically the Vatican Roman
bankers versus the Jewish bank to the Vatican. Yeah, no,
because it was the men. We talked about this. The Bank of
America came initially from an Italian bank.
Well, it was actually an American bank called the Bank of
Italy.
He, but in San Francisco, right? Yeah, yeah. Well before it, but
so all that money came from that. I mean, that's the version
that's out there is that oh, it wasn't, you know, a talent?
I don't think so. I think it's an economic hitman stuff.
It was, interestingly, on the same day that they went to, to
the government to say, hey, we need to another $18 billion to
buy Merrill Lynch. Which they got.
Maybe somebody has something on the government, you know, maybe
one of those executives is knows too much. But anyway, so I don't
know. They just think I apologize to the Bank of America
executives for flying that day. Yeah.
That's okay. Because we all know John or white folks, and then
they're ignorant motherfuckers. Like you? Yes. Oh, boy, we could
go on for hours. But let's not
know, we'll be back on Thursday. We'll be back on the Thursday.
Yeah. So
we're going to try and do Thursday and and Sundays in the
morning.
In the morning, and we'll have our jingles. Hopefully by next
week.
If you can write them for me, I think I can probably get
done to this weekend. A bunch of things do I also got to put my
list of donors on the blog and the couple other things I gotta
do. I'm behind in my work,
and why don't you open up an Amazon account for us? To sell
work or no Amazon? a PayPal account or something? Something
for the show?
Yeah, I have. I have a PayPal account. I'm using now to
collect money but we do have a separate one. Or you just set up
a subdomain on that one. Yeah,
I mean, I trust you right, you know? Yes. Yeah. So as far as I
can throw you
everybody's got the image of you trying to throw some big fat
guy.
Yeah, cuz I think what we're gonna do is we're not going to
take any advertisement but you know, you know what'll happen is
after the events of this coming week, we're gonna have to do
three Shows a week just to just to keep people safe and to keep
them from going out and killing you know, we're gonna have to
continue to unveil the mask as we disconnect the batteries of
the New World Order.
Here we go. I liked that one. That's a good
one, isn't it? Disconnecting the batteries of the New World
Order? crackpot in the buzzkill on the lookout. Write that down
so Dave
can come running it down now as we speak, okay. And I still got
work to do, geez. Anyway. Good show.
Coming to you from southwest London and Gitmo nation east, in
the basement. of curry terrorists. I'm Adam curry.
I'm on the Hill in northern Silicon Valley the Gitmo nation
will talk to you again next week. What was your name again?
John C. Dvorak.
We'll talk again next Thursday. Right here on no agenda.