Adam curry, John C. Dvorak reemerging from the depths of
our mundane day jobs is the superheroes of the stupid. It's
no agenda for Sunday, March 22. This is no agenda basking in the
nectar of God's sunshine from the crackpot command center here
in southwest London located in get mo nation east. I'm Adam
curry.
And here in Silicon Valley North I'm John C. Dvorak. Raglan
Buzzkill.
expected a little more from you.
I noticed I tried to keep it short, but then I guess I should
have been longer. Next time. I'll go long.
Yeah, please go long ball. I
was just kind of I was just stunned by the fact you insulted
our audience. Why? What do you mean? Why was I stunned? Oh, I
don't know. Because that's the last good. I should do that
consistently. Have you ever watched an ESPN show called?
Pardon the interruption? They always start to show off this
similar kind of thing. Okay,
well, let's not do that because I didn't get it. Yeah, okay.
Hey, John, how are you?
Okay in the morning? Oh.
Better hum faster. And I still didn't have my I was I was just
picking up the tea. I've got it under a button now if I need it
so I just want to keep my hand on the button at all times.
I was thinking you should be poised what I need a version of
this. I need some sort of a remote button so I can hear from
you. So I have I have a fader Fox I showed you that right my
fader Fox. Yeah. So I have that set up now and whenever it can
you call for I do have to have my hand on the button which
Yeah, little work little work. To bet you can do with your
eyeballs. Just look at it. Boom goes like Stephen
Hawking. He just looks just comes up. Hey, man, I've had an
awesome week. I'm okay. I've I spent most of my week in the
zone. Programming our 24/7 stream.
Oh, yeah, that's right. You're still working on that. Yeah.
Thanks for listening. Lots of people are very excited and the
numbers are starting to show it a little bit it's starting to
starting to come up people are checking out no agenda
stream.com I've got now three different news sources that are
come through on Twitter to talk about that basically mentioned
headlines is very similar to stuff we talked about on the
show. And every couple of songs like every five songs or so the
most recent tweets that have been sent to no agenda stream
get read out on the air and people are like
I've noticed a couple notice it on the on the Twitter people are
checking it out. Yeah, we haven't gotten the net negative
stuff yet.
I mean, why would there be any negative stuff?
Because there's negative people October's negative people in the
world bombers man.
Buzz kills. They aren't they do exist, believe it or not.
Oh, letter from David Johnson. Go. John Adam. I've been a
listener since show number one.
Sorry, misfire.
I've been a listener since show number one email contributor and
love the banter between a buzzkill and crackpot how
unfortunately, fire comes here. Yeah, of course. However,
but in all honesty,
he takes it to the next level of aside by not however, it's
unfortunate. Fortunately, oh
my goodness,
hey, jump right into the we go right,
we could go right over the cliff. So thank you very much.
And now I'm going to stick it in your back.
Unfortunately, I'm finding the show's theme is shifting toward
the doom and gloom format that I try to avoid from mainstream
media. Like foxes. Glenn Beck show, please. You couldn't get
more you couldn't get more insulting than that. That I mean
that.
If I could take those two in the mornings back right now I would
the radio like music snippets and increased focus, focus on
getting paid is getting somewhat annoying. I would like to see
the show lean back towards its roots playing off each other
more social topics, a little less politics, food reviews.
John's not we need to you know, we need money for the food
reviews. Yeah, John's knowledge and we have to get together
somehow in southern France, with John's knowledge of history
applied to the topics at hand. excetera
Oh, stop, stop right there. That's unfair. Even last week, I
bought this whole Israeli lobby thing and you weren't quite
prepared for the question, I think. But that was a specific
specifically tapping into your historical knowledge. That's I
just don't accept that.
I'm having to talk about David and Saul. Anyway, I understand
that current topics are taken from current news, but what
happened to quote no agenda And the show's success was based on
being unique and spontaneous different from the mainstream
drawl. Please don't go there. I'm still a loyal fan. But I
need I felt the need to give some feedback. Thanks, David
Johnson,
let me respond. Thank you for your thank you for your letter.
Let me respond to that. I'm seeing something real, what?
Just go ahead. And I'm seeing something very interesting
happening here. What we are creating, which started with the
show really started with the second show week, where we're
saying, okay, look, now we need to have donations in order to
keep this going to grow the show, oh, grow to grow the show.
And it's one for one, you know, it's the money is absolutely
going to be necessary. If we really want to take this into a
full time gig. We're both still pretty much you know, we have
other jobs that we're doing at the same time. But what's cool
about it is anyone can contribute to what we're doing
here through a number of different ways. Yes, you can
contribute to the library fund library slash winery. But there
are people who are helping write code, there are people who are
finding interesting bits of news, this, it's much bigger
than that. And I'm telling you that this streaming thing is
going to open up a whole new economy of stuff that people can
do. I mean, there are people now working on iPhone apps for this
show. So you hit a button and then you hear the stream you hit
a button and then there's a window that opens that
automatically tweets no agenda stream to hit a button and it's
all these different ways the buttons it basically we just
filled with buttons. We're getting somewhere.
Okay, I think Oh, I'm getting some Kleenex. I have to blow my
nose after listening to that sob story. Ah okay.
The word of the day, John. The word of the day. Are you got
more? No, I don't the word of the day.
But you could at least give me a shot at it. Sure. And I got
nothing. What's the word of the day
ponds ammonium ponds, ammonium ponds, ammonium.
Tons of ammonium? Yeah, that is not my word. pandemonium. Ionis.
Got to do with the Ponzi Yes, it
comes from my favorite publication, the Financial Times
and word is out. Hundreds of Ponzi schemes are being
uncovered uncovered by the literally hundreds are being
uncovered. The Commodity Futures Trading Commission has said well
yeah, it looks like there's hundreds out we should take
the guys who ran the SEC and simply throw them in. Yes,
exactly. hang them up by their testicles. Way. There's a lot of
women in
there. So mostly women. I guess that, by the way, must apologize
to our female listeners. That's what we're going to talk about
last week and you didn't do it. Because you forget already.
Yeah.
What do we have plenty of female listeners? Yeah, yeah.
And then a couple of them think we're insulting them constantly.
Shit and I'm so happy we have female listeners.
I think we got about diversity. We have over 20% Female
listeners probably at least twice as many as a typical
couple of nerds get
a lot of moms I've noticed
Well, that's you that's what you'd notice.
You know me the milk seeker always on the lookout there's so
back to pandemonium, which which I like another $635 million
Ponzi scheme uncovered
that gives us the one good thing about this economic downturn
that Ponzi schemes don't work when things are going you know
negatively.
But what's interesting is when you look at all the what you
would call the fractal so these of course are fractals of made
off with this jerk $50 billion Ponzi scheme above him to 66
billion so ya know, above him it's got to be a lot more it's
got to be much bigger the halls it makes so much sense doesn't
it? You know when you think about it, everyone's going nuts
everyone's loving and I can't believe that we didn't come up
with this you know now think of it because all it's so simple.
You know, you just everyone when everyone's in a happy investment
mood, he just open up shop, you start collecting money and then
when it's time to pay some returns, you go collect some
more money and just keep it going. It's it makes so much
sense. And these Ponzi schemes are anywhere from about a
million dollars to up to a billion dollars in the
pandemonium but you are you're spot on? Why don't we Why don't
we throw these regulators under the bus? Yeah, so unbelievable.
Oh, we're so debt is so tough. And by the way, man, I haven't
mentioned it for weeks and weeks and weeks. I'm going to do it.
Martha Stewart gets thrown in the slammer
exactly, well, and I believe there is a correlation between
the women running the show at the regular at the regulator
wasn't at Blair, her name.
Thompson, Linda Thompson was ahead of the, I mean, there was
a head of the whole thing, which is a woman again, by the way,
who was of the head, formerly the head of another enforcement
agency that did nothing. And but Linda Thompson seemed to be the
one hand she was and she talks so much like nurse, the big
nurse and the One Flew Over the Cuckoo's Nest. Oh, well, I
really, we do we have a No we don't. I don't understand why
you're so upset.
Kind of thing. That's funny.
Yeah, no, they probably went after Martha Stewart because
they hated it.
Yeah, exactly. It just standing on the outside doesn't seem so
apparent that like, knew that pitch. We're gonna get her.
Yeah, let's get that stupid. Martha Stewart with a magazine.
And now she knows that. Oh, she. Let's just stick a doily over 20
That's what we're going to do. Here comes a doily. Martha
Stewart.
So, yes, I agree with that. All right. So what else we got?
Well, what
you got on your list? Man,
I got nothing I'm getting I'm gone along with the idea that
this show is no agenda to be talked about. But I will mention
a couple of things. So I got to watch Obama on Leno. Yes, I
saw that as well. Good. Let's talk. Look a lot. Look, do
you count that number? I haven't been able to. I've gotten
through it a couple of times.
I heard the look drinking game and was hammered EIGHT minutes
into the interview. I couldn't I couldn't follow the rest. Look,
look. So let me be very clear. Look. Look, Jay, let me be very
clear.
So there's something kind of kind of I don't know what it is.
But I can see why no other president did this. There's
something screwy about it. You got a it's an entertainment
show. You have the president United States, the highest one
of the highest positions in the world that you know, requires a
lot of bodyguards. And sitting in and in a chair that's lower
than the host chair because those shows are all set up. So
that if you haven't noticed this, when you watch these
shows, the host listeners don't know that. And let the worst
case scenario is it's Letterman, the guy who is in the interviews
chair is sitting at the base level whereas but is about three
inches lower than the host. Yep. And it's just for the effect of
the you know, the effect because the host,
but even when you tower over someone like I do, in most
cases, it has immediate powerful effects. It's just human nature.
Right? So the host is sitting up in the air, like in the catbird
seat and looking down upon the guest. So for this model with
the President of the United States, it's ridiculous. And so
it gives you the feeling that who is this guy an actor, or is
He? Is he selling a book?
Yes, yes. He's selling a book a very expensive one, but he's
selling a book. Yes. Go on. So
it's just I find the whole thing to be slightly creeping in. ill
advised.
I disagree with you. I do not think it was ill advised. I
think I think it is fantastic. First of all, the appearance,
homerun absolute homerun. Boy, this guy. This guy is good.
Yeah, well, we've known that I saw if you watched him when he
was on Leno before, and when he was on Letterman. He was very
good. He's very personable, even though he stammers to an
extreme. He's, he's very thoughtful. He's got a very
disarming smile. He's got a beautiful smile, as opposed to
his grimace, which is horrible. And he's, you know, he seems
like a guy with a lot of personality, even though he's
ponderous. And he's a little bit academic. And he's almost like
John Kerry, and that regardless of he's not so homely.
So here's the next thing to look for. And maybe I guess he's
doing 60 minutes for tonight. What you can almost see the
switch flip over. And the switch, as you observed
correctly starts with look. So he's personable, he's making
jokes. He's very, very good. You know, self deprecating, good
little personal story about, you know, the Secret Service and
just exactly, I looked at him like the guy could have been a
basketball player on sitting on on on Leno's couch, and as you
said, Is he an actor? Is he a celebrity? Yes, yes. Yes. Is he
selling something obviously and that pitch is always pre
announced by look and he just slips in and then you know, the
save or create comes out automatically. It's, that's
programmed. He said that so many times. And I know this because
when you do, like at MTV, or even me vo today, which I do
every single day, there's all these little lines and
catchphrases that you're always using and you use those when you
need to, to communicate something repetitively. He, or
when you need time to think about something what you're
going to say next. And boy, this sky was completely completely
filled with odd, automated message delivery. It was just
fantastic to watch. I think it did make a difference in the
perception his whole California trip. I don't know if you had a
chance to this was on C span if you saw his his town hall
meeting in California. Now, I didn't see how you missed a good
one I had recorded. Well, it's on C span. What they said was
pretty fun. It was pretty funny.
By the way, before you go into the C span thing, I do want to
mention something that he did on the show and which is another
one of his memes. And he did it exactly in the exact same order
exact same way. He always does it, which is to promote health
care, energy and education.
Yeah, I bet you can almost say it verbatim by now.
I'm getting closer. Go ahead and give it a shot. I can't, I'm not
there yet. Oh, he was he has his little pitch. And it's about
about two sentences. And it's always about healthcare.
We want affordable housing. And Americans want affordable,
affordable health care. We want the best education we can
manage. And we want no energy is usually the last one that he
says. And we want to reduce our dependence upon foreign oil.
I have done the show we do our next show we do. I'll have the
clip. Okay. Energy is always second.
So this town hall meeting in California, it was so funny
because it was filled with a Obama bots. And they were they
were all from the volunteer agency and not that that was pre
announced. He is the first he does his whole spiel and just
rousing speech just really great, of course with a whole
room full of basically a fan club day what we used to call
Steve Jobs. Yeah, exactly. Yeah, yeah. One more thing. That's
that's all that was missing. And of course, it was all from
teleprompter. The video beautifully done. So now they're
shooting so you don't see the prompter from from really bad in
the back of the room. So it gives you a little bit of depth.
But he never looks in the camera, of course, but it's a
town hall so he doesn't have to. And then he took questions. And,
you know, it was so scripted, John, you know, it was the first
it was the health care. Everything single piece you want
to have and then one guy stood up. And he said, Well, Mr.
President, you know, as you know, I'm a volunteer, blah,
blah, blah. And of course, all of us here are volunteers and he
gave it away. Right? He gave away that this was a room full
of shoes. The guy blew it. He totally totally but he by the
way, he will not be invited to the next camp Obama. Shoot
Shawn, take him out back. He's off the list.
off the list. He's a dead man. He
forget about it, buddy. You are a gunner. But no, it was. I
think Job well done when it comes to the script and
distracting everybody and you know, and I too am outraged by
these bonuses.
Yeah, not to not yet but how come he's not outraged at the
fact that the only reason those bonuses were guaranteed to be in
the bill that that that gave that insurance company IAG. All
that money was because of Chris Dodd. Exactly. You know that
right? Yeah, of course.
I mentioned that last week. Chris Dodd is the guy who said
Yeah, I knew about it. I let it stay in there because it was he
pushed it put it in there. He didn't like he actually pushed
it in. Oh, fantastic. But as the President says he says he's
picking up was Roosevelt. The buck stops here yet said Truman,
Truman, whatever. Let's like Let's look forward people not
backward. So yeah, he's using the buck stops here. Yeah. Which
is looking backward. It's It's all my fault. So interesting
things with those bonuses, because I did watch a lot of
that. A lot of that testimony and everything surrounding that
because that's pretty much what mainstream news is bringing you
right now. Oh, let's all be angry at the bonuses. You know,
so I love this that the house then passed an emergency bill
which was voted through so it doesn't mean it's law yet but to
tax these bonuses at 90% rate which is how much more on
American Can you get?
That's actually what Leno brought up. This is kind of bad.
They target somebody and say, Okay, we're writing a law that's
going to tax you to death. Yeah. And let's just put up the death
penalty in there. Okay, you are I got a shot in the morning.
Not bad, I'm getting better. And, and Liddy, the current CEO
of AIG then says, you know, this is like taking the finance So
industry out back and shooting them in the head. And I'm like,
Yeah, that's what the Obama industry does with people. They
come back and we shoot him in the head. never to be heard from
again. Oh my goodness. So yeah, it's pretty clear that this is
being kept alive as a as a huge distraction. So everyone pays
attention to that and not the billions of dollars that are
being shuttled out the back door. The memory you're talking
about the the DVDs that Obama gave
Gordon Brown, be the ones with the wrong code. That emerged as
finally Yeah. And gadget finally finally picked it I'm talking
about in England, and it emerged in the papers there. Yeah, the
telegraph
had had the story that after they listened to our show,
obviously, it took them a long time. I'm telling you, man, our
show is influential. We can start little memes and stuff
happens stuff moves. Yeah,
well, we'll start one today. So the newspapers, you know, going
out of business talking about non political stories. So I'm
looking at the you know, the next favorite is going to go
under looks like it's going to be either the Chronicle or
they're gonna give the Chronicle to this group of schlock
maestro's that run most of the little local papers around here.
And just leave it exist as some sort of skeleton operation. But
I just
know, they still be available on like you, I mean, you know, a
couple people there. So I'm wondering if you have some
entire insight, nobody knows
anything. Okay. All right. So but, you know, these papers, the
Chronicle has this thing called the SF Gate. And so they have
like a, you know, if you're gonna do anything online, and
you're going to be definitive, and you're going to lead away,
and you're going to be the best there is, and all the rest of
these, all the rest is BS. They have a restaurant section. So
you can look up restaurants. So I decided to go look up, you
know, pizza in Berkeley, there's about 40 pizza places as a
college town, right? They list one was I check San Francisco
where there's about 100 pizza places they list 13 They leave
on lots of them. And in fact, it was because this guy, Hey,
search. Maybe, whatever the case is, like, if you're going to do
anything, if you can't even do this, right, because Yelp can do
it. You know, get out of the business. I think they should
just shut down these places. I think the Chronicle should just
be shut down. It does. It has, you know, they have a few guys
doing a few good original news stories, which are which rewards
going there for the rest of it's just horrible, you know, bad
back in restaurants. Crap, crummy restaurant reviewer,
leads. Very bad one. And in the read, the rest of the paper is
just weak. There's other things that do it better. I mean, it's
just like, even like Craigslist. I mean, it's West's work, dude.
But even when it comes to news, we're better than then we're
offering more insight.
Yeah, well, insights, one thing but but original, you know,
reporting is something else. We don't do
that. Oh, not yet. But well, no, not yet. But we're gonna get to
it.
Now we could, I think it'll happen. I definitely think it'll
happen. I notice there's a lot of Irizarry pull up also out of
bloggers and bloggers, actually, you know, they don't any, any
one blogger doesn't do a lot of original reporting, like daily
newspaper guy might do two or three stories a week, maybe. But
they there's a lot of stuff on blogs that are one guy on one
story. And that's
right. And that's the guy who will have information about that
one topic. And then that's the guy. Oh, yeah, you got to pull
him in. That's exactly how it's supposed to work. I agree.
You know, and he'll stay on this subject in the newspaper. They
could dig, dig, go do a story. It's a big scandal. And then
they go do something else and the scandal gets forgotten over.
I think the reason that the public has such a short memory
is because the newspapers have trained them to have a short
memory. They don't follow up on these stories. Well, not
just newspapers, John. I mean, most kids saw this worse with
the broadcast media and yeah, it's much worse. And my daughter
takes the tube three days or the train three days a week now to
Guilford to go back to to her college because she's going to
finish the Guilford College first before she goes on. And
she gets the free London paper and she reads it you know,
because she's really bored and in the morning and she's reading
the paper and she comes back with all this like pre
processed, you know, cut down to sound bite size information,
which is just amazing how poor it is. It's really fucking
pathetic.
Yeah, well, those free papers are the rage here, too. We have
three or four free newspapers in San Francisco. Not to mention
the two weeklies. I'm talking about free dailies. And then
there is Um, I know that in Washington, DC and New Yorker,
they're starting to crop up and they give them to people as they
get on usually the subway or some, you know, commuter train.
And that's what people are reading now. And it's you know,
that's the competitive competition is going on your
Blackberry or your iPhone and reading the news there.
A lot. It's all a lot of people listen to our show and to the
stream on their iPhones. And it seems to be kind of replacing
some basic iPod usage.
Got me? So anyway, I just did the whole thing. That whole way
news is going to be transmitted. I'm fearful that it's going to
end up as a, you know, propaganda, in competition with
rumors and innuendo and craziness, you know, the
screwball stuff?
Let me ask you a question. What is the the best auto program in
the world? Arguably, auto? Yeah, about cars?
The best auto program in the world? Yeah,
but automobiles, for gearheads.
Oh, the best Oh, you mean like a podcast? No, no, just
on television?
Oh, well, that top gear right. So
I'm just making a point that the minute you pull the
commercialism part out of it, that's the problem with with
with almost any media is, the minute you are owned by someone,
the minute you and of course, having sponsors, they at least
own a portion of the programming, even if it's only
for that moment, that's when the truth goes away.
I think there's a lot to be said for that, even though we will
accept any $100,000 contribution for one minute.
But of course, we'll set that up as a disinformation moment.
Exactly. Although I'm getting the sense that we're never going
to get that really thing. Really. Boy. So anyway, I've
just finally the whole situation to be somewhat disappointing.
It's just falling apart in a funny kind of way. The newspaper
thing is just going to be over and about. I mean, the big boys
will probably still be standing by their there'll be a shadow of
themselves.
How long do you think it'll take?
Well, I think after the it depends, I mean, if the
Chronicle doesn't fold, and instead becomes part of this
little mini conglomerate of mediocre little papers, which
may be a Trinidad that still is going to have a problem long
term, I think as people with more and more people go online
is, as the youth of America come up, but I think in five, five
years, we won't be another newspaper and have been in
business, I think,
I think we're at multiple tipping points. And with the
newspaper business, or the news business, that hasn't come quite
yet. But obviously newspapers, the there's two kinds of news,
but hold on. Yeah, that I guess with newspapers, you have
community of geographic community, and then community of
interest. So USA Today, you know, kind of skirts that line
between both almost, but to print an actual newspaper with
pure local news. And I don't think I just don't think you can
actually make it work financially. But to have local
websites for local geographic communities, which are not from
the the government, the council or whatever, that's pretty much
where it has to go, it has to become more of a local thing I
believe.
So now, this brings us to the the dilemma that if everything
goes online, what happens when an onerous government decides to
just cut you off? Just kill the internet? Or to just take the
whole thing over and drop all these? I mean, it seems that
that's remained reminiscent of the you know, people just talk
about the in the 20s, or the 30s and 40s, where, you know, you'd
want to take over some country in South America, the first
thing you did is your raid and take over the radio station.
Yeah. And then you'd be on the air, you know, we have taken
over we are the new government.
We're good. Pay no attention to the CIA guys.
No, no. And what does it do to the the Bill of Rights? We're,
we're a free press is protected. What is what constitutes a free
press in the internet age? This hasn't been answered to my
satisfaction by this courts. Well,
I hope we get an answer because, you know, cybersecurity is now
moving on. This is an interesting actually in context.
The cybersecurity functions of the government are being moved
away from Department of Homeland Security, and directly into
another Tsar like position in the White House. Which always
chills me a bit.
Well, as you know, Homeland Security's got a bunch of these
border patrol They got new border protection agency they
got some new group of people they're all over Washington
State
it's ice. You have ice, the Border Protection Agency. It's
not just it's there's an entire ring around the entire United
States, John of these and here's what we're gonna patrols,
you know up in Washington state they're forbid anyone who ever
visits you should know this. The entire state is extremely
diligent about enforcing the speed limit, because it because
they don't have, they don't have let's put it this way. There's
no personal income tax in Washington State. And everything
is kind of taxed at a low level. So they have a different way of
making money. It's called one state. That is one giant speed
trap. Really? Yes.
It was like the United Kingdom, that's interesting.
You're driving around Washington state, you have to have your and
they always change the speed limits, like 40 mile an hour
zone coming up. And then at that point, you better be doing 40.
So anyway, so you're spending most of your time setting your
speed control thing on the car, the cruise control, because you
know, if it says 55 you hit you put it on 55 and you hit the
button, so you don't have to worry about you know, varying
lighting 54 and getting a ticket. Well, you won't get a
ticket for 54. But will
you get a ticket here if you're two miles over the limit?
No, that's two miles under I'm 755. I'm sorry. 57. I
mean, my mistake, you could
do people have bitched about stuff like that. But anyway,
most car speedometers by the way, should check in when you
get a chance to check yours, you'll find that your most car
speedometers. And I think that car companies do this on purpose
for liability problems under report, they under report. So if
you're doing 40, it says 40 and your speedometer, you're doing
39 or 38,
you can usually see that if you have a GPS, right, it'll tell
you how fast you're going.
So anyway, so they so the meanwhile so they have and in
the area that I have a place you have both the city police, the
county cops, and the state troopers all competing for the
money. So they're all in the same area. So you could go past
you know, one kind of Captain is another kind of guy they're all
you know, they can all ticket and stuff to city guys can only
do within the city. Meanwhile, they have these, these border
patrol guys, who are a bunch of punk kids that they just hired,
you know that most people perceive as nothing more than a
glorified Mall Cop. But they're, they're loaded with, you know,
ones with weapons. And they're speeding around or breaking the
speed limit constantly. And if you complain to the state
troopers about this because they actually drive quite dangerously
and they're going to kill somebody is going to be killed
by one of these boneheads because they're speeding around
all the time and red lights and siren for notes. We've talked to
the state people have said there's nothing they can do. We
can't pull them over. You know, the feds say you're too bad. So
the federal government is basically encouraging this was
out and out law breaking by these people who are just, you
know, they drive black vehicles with lights and sirens all over
the places and the one good Trooper told a friend of mine
You know, there's no reason for them ever to turn there's what's
the emergency, the less a donut shop is closing because there's
that there's no nothing going on up there. So these guys are just
a plague. And I think if this is going on in any other state, I'd
be interested in hearing about it. Have you ever thought
well, there's an entire organization and I'm just
looking for it now I think it's called no border patrol or
something like that. And they actually videotape these border
patrol stole Yes. Right right. And and and the guys of course
know their rights and they just sit and they just so the Border
Patrol agent will come up and say I just need to check if
you're a US citizen. And they have no right to ask that they
have no right. And so and then these guys will who are filming
it sticking a camera in the face. Yes. I can probably find
find it it's around. But anyway, so anyway, these guys these
border patrol guys apparently have gone to the schools. And
because my daughter
Oh, please, please don't tell me this.
They go into the schools and they brainwash the kids, you
know, it's okay to do this as they tell him all this stuff.
That's bull. And again, my daughter, I guess she's she's
spewed some of this to my wife who almost got pushed off the
road by one of these guys once. You know, because the guy says
she's coming. She says she's driving alone. There's a guy one
inch from her bumper, you know, got full speed, red lights and
siren honking at her. And then he pulls out like a maniac into
the next lane and scoots by air by 90 miles an hour for who
knows what reason. And the answer. I daughter comes with as
well. They're just doing their job and cooperate and just
cooperate you'll be fine and that was It's just grounded is
this but the fact that they're being brought into your
daughter's school to teach some bullshit is just an outrage,
John?
Yeah, I know happening
in the UK right now known as Gitmo nation, East public health
mentors, enlisted by the National Health Services are now
recruiting people to nag their friends about living a healthier
lifestyle. And it's like a 80 million pound budget for this
frickin program. This is, you know, and have you ever seen
these, these websites for kids, particularly the green websites?
You can you can sign up and get a little badge. And yeah, you
have to go snoop on your parents and tell them when they're doing
non green things. This is outrage. And it's all a part of
something much bigger, which is taking place before our very
eyes undeniable that the Obama administration is deeply intent
on creating a mandatory volunteer service, which I just
love the dichotomy. It's like the Ministry of Truth. Anyone
between what I think is the ages of 18 and 25, will have to do
three months of mandatory volunteer work, which kills me.
Rahm Emanuel, has been preaching this. This is all part of the
What's that other website that they have? America cares.org Or
gov across? I can't remember what it is.
Now the website, they can't keep up with the all their own
websites. But we've been checking we recovery.org Yeah, I
have. But just let me stick on this for a second because you
have to combine that with another. Another thing Obama has
said repeatedly on the campaign trail as well, is that he plans
to create a civilian military, which is just as large and
equally well funded as the military fighting overseas
currently. Yeah, the brown shirts. It's what you would call
the brown shirts. This very same thing is now happening in the
United Kingdom, where they're, I just got to play this for you.
Where Jackie Smith, who was our Secretary of Homeland Security,
she's now talking about training, you just listened to
the like a minute and a half of what this woman is saying. So
she is our the UK version of the Department of Homeland Security.
Her name is wacky Jackie Holman, I'm gonna click play. Go
talk, they will see a complete strategy to address counter
terror. You know, it's the nature of this work. But quite
often in the past, it's been the sort of thing that's happened in
secret behind closed doors. What we're completely clear about is
that if we're going to address the threat,
notice how she's using the same type of words were completely
clear about this. Let's be clear, be clear
from terrorism. We need to do that alongside the 60,000 people
that we're now training up to respond to a terrorist threat in
every
160 1000 people their training to respond to a terrorist threat
or shopping centers to a hotel. We need to do it alongside the
3000 police officers now working on counter terror out and about
doing that so and we need to do it with international partners
this no longer is something you can do behind closed doors and
in secret
This is how bold they've become. Now fuck you we're just gonna do
it out in the open SCREW YOU IDIOT slaves look we have a
whole force of people your neighbors are spying on you.
Strokes white pussycat.
Okay, so let's go to the Dvorak uncensored blog anyone out there
should do this exercise. Okay, let's go to this search engine
you type in
Hold on I'm still loading the page I gotta get all your Google
ads
here my all the we have the special posting logos for
certain thematic stories I'm ready for that if you know the
name if you know the name of the jpg you can search and just find
every story that that is one of these types of stories and and
this one I'm talking about now is the more endless Tales from
the British fascist state so Okay, so you want to search for
Hitler UK all one word. It literally dropped Hitler UK
search box
and run into all right. Got it.
So I want to go over the stories because I think they're
fascinating. The first one which is the top of the page is the
two year old that sent it was a social behavior order for
whatever he did. He's a two year old. I mean, this is like
everyone's up in arms, apparently. About this little
kid who's got it?
Yeah, just got explained the ASBO antisocial behavior
observation I think it is And it's like, oh, it's like a
strike and you get handed one of these and you get you get enough
strikes and then you go away. Yeah, this kid has to do that
there's already a curfew throughout most parts of London
and 9pm curfew for anyone under the age of 16. So what was this
kid doing roaming the frickin streets? Give that kid and as Bo
What do you do choose to verbally abusing adult residents
and damaging property?
Isn't that what two year olds do?
Okay, then we go to the next story. You know, laughing while
driving motorists stopped by police for laughing while he was
driving. He was really got to
explain just gonna give it a little context. He was laughing
about a joke told by his brother in law, and then a traffic
officer immediately pulled him over because you must be talking
on the phone. To know I was just laughing at a joke. He didn't
believe him.
And then we go the next day new law in UK makes it illegal to
take pictures of police.
I've got to publish this as a continuous link at the bottom of
our show notes just so people can get a little update every
day it can can you get an RSS feed from just this topic?
Well, if you type in if you use the if you look at the top of
the URL that would actually do it.
Oh, you're right. And it even has an RSS feed. Yeah. Oh,
beautiful.
Anyway, here we go into the next story. Couple forced to give
grandchildren up for adoption by gay men because they're too old
at 46 and 5946. And
59 is do old that have kids.
It wants to have their own kids, their grandchildren they can't
raise their own grandchildren. Okay, here we go. Next story. UK
this is more along the lines right? This is what triggered
this by the way. UK is new food police nanny state says you will
eat everything on your plate. And this is about you know
making people eat what right householders or be invited by
officials offering advice on cooking with leftovers, and a
government initiative to reduce the amount of food that gets
thrown away. home cooks will be told what size proportions to
prepare, taught to understand best before dates and urged to
make more use of their freezers. The door to door campaign which
starts tomorrow will be funded by the Waste and Resources
Action Programme wrap a government agency charged with
reducing household waste. The officials will be called Food
champions.
Oh man, do we get some of those naked vegan pregnant chicks as
well.
Next Next story. Giant plasma TVs face ban in battle to green
Britain, which means you're gonna you're gonna be a huge
plasma
storage now we've done these stories. Yeah, okay. Well, a lot
of
police set to step up hacking.
You're depressing me now.
entire UK secret police mechanism to be privatized. We
haven't done this. Which one or the private firm may track all
email and calls the guardian. And
we didn't get to it. But yeah, it was a couple of weeks ago.
Right.
Then we have you know, this was another one that's kind of
interesting. That CCTV camera used by social services to
monitors couples bedrooms. Yeah, that was about two months goes
on. Okay. I just want to go to the police
stations here. Yeah. And so the point is, you can learn a lot by
looking at what's happening in the United Kingdom, but vice
versa, because it's not all in sync. It's not kind of rolling
all at the same time for a number of reasons. But the
general agenda is pretty much the same. And it's recruit
people first indoctrinate them hypnotize people about such
issues as climate change in the same soundbite way that we bring
you Amy Winehouse news, and then train people to call people out
that's part of that whole calling out culture and now
we're going to rat on our friends or neighbors maybe even
our family members our parents.
By the way that I just want to mention one more start which
happened in September, another asked bow, a boy faces
antisocial behavior indictment for his missing cat poster. The
boy put up posters to find his missing cat was ordered to tear
them down. Anyway love it. So So anyway, I Hitler UK so it's all
one word, look it up in the search box and you can read all
these fascinating stories for yourself. And you can even know
there's a lot more than where that came from.
Very interesting meeting took place in in Russia. This past
week between Medvedev, the President of Russia, and check
this list out, Henry Kissinger, James Baker, Charles Schultz,
William Perry. And Sam Nunn, who I didn't know he's
still alive.
I guess he was a defense Expert and Former US Senator had a
meeting with Medvedev boy I would have liked had been a
little fly on the wall there, huh.
What do you think the meeting was about?
I believe what's taking place is neither. Okay. Yeah, I think
America is cozying up to Russia, because they're afraid of China.
So I think, and also, Russia has been you know, rearming and
being pretty public about it. So they're kind of showing their
muscle. I think that it's it feels like they're like the US,
like the Obama administration. Of course, when you see
Kissinger, he's totally in there with his buddy Brzezinski, et
cetera. But these are all Secretaries of State, right.
James Baker Schultz, this is this is huge. This is not just
the little hunky dory meeting.
I guess it's one of these meetings that they're probably
made some decisions about how they're going to do a phony
baloney attack of Georgia or they're going to be pushed back
or they're gonna do this. Who knows? It's probably as probably
working on the script. I have gripped a meeting. It was a
writers meeting. It's
a writers. It's a table read. All right. Hey, hey, Henry.
Henry, can you work on your inflection a little bit, you
know, we need it's not quite your timing is a little bit off.
You're getting there. Man. Well, we'll see but that, you know,
unreported. That was in profit. Actually, I've gotten into
reading,
how does that stuff get unreported?
Well, excuse me. The President was on lenah What the fuck do
you think we're going to talk about? We're going to talk about
important things like
Maddie totally slam the Special Olympics do that. So wrong.
Let's debate that. So a story just cropped up on the blog with
the endless tales logo on it from one of our new bloggers.
Joe, and it's I have to read this to you. Stasi HQ, HQ, UK.
Do you know about this? No. They just have a picture of this
anonymous office building and a business partner. Oh, yeah. Hear
about it? Yeah, go for it. Go for it. They're monitoring
millions of British holidaymakers using a new terror
detected detector database. Yeah, apparently. Yeah. You have
to register
where you're going on holiday.
Yeah. So if you're going to a Portugal, you have to register
with the government.
Yep. It's interesting. You say that because I'm going to
Portugal in a couple of weeks. On on a one week holiday.
You have to register with the government to go to Portugal?
Yes, you do. You just can't buy a ticket.
Well, I do it. But I think the airlines as a courtesy I think
the airlines pass that information on to the
government. I don't think you have to do anything. It's a
service. It's an extra bonus. You should be happy. You know,
your you should be happy. We don't put a surcharge on your
ticket for passing off that information for your security.
You know, that's coming next and to protect the children of
course, it's going to come next for children's Protection Act.
See, isn't there already a children's Protection Act? Fie
fie.com.gov. I was gonna say something about about Portugal.
I learned Portugal is great. Yeah, so we're going to Portugal
for going right about 20 minutes from file from Lisbon. Which way
not the I have to look it up on the map we're not near the the
true Algarve. We rented a house which is kind of in a little
village, but it's not like on on the sea. But I learned that
Portugal decriminalized all drugs a while but I didn't know
that. I didn't know it either. And it turns out that it's been
very successful for them. in combating drug crime, it's gone
down significantly. They just said screw it, you know, do
whatever you want. Take whatever you want. And and when this
is on unpublicized News,
I'm looking for the article. See if I can find it here. Of course
it's unpublicized.
I'm aghast.
No, surely you're not shocked by this. Are you looking it up?
Because I can't seem to
have a lot of good wine in Portugal. Yes, yes, Lord Chagall
decriminalizes drug use. When When did they do that? I'm
looking what looks like I think couple of looks like this. This
was In July of 2001
Shit I would have been who screw Jamaica. I should be Portugal.
What am I doing?
Now, maybe it wasn't no it says right here it takes drug use off
the chargesheet addicts treated as a health and social problem.
This was a 2001 article. And here's it may 14 2009 article
the success of decriminalization in Portugal. This is a salon
article because nobody reads salon either. For good reason,
the success of what's the good drug criminalization in Portugal
in 2001, Portugal became the only EU member state to
decriminalize drugs, a distinction, which continues to
the present. Last year working with the Cato Institute, I went
to that country in order to research the effects of the
decriminalization law, which applies to all substances
including cocaine and heroin, and an interview both Portuguese
and eNodeB. Winter. Nobody's talking about this
is excellent, isn't it?
Spent so they've done it's been over eight years. It's working
fabulously it's working fabulously so let's don't talk
about anybody. Well, a story ran in salon.
So well, on the heels of that, from the Austrian profile, I
think is the name of the profiel Yeah. The world drug trade is so
big it is quote the most important of all world
agricultural markets worth over $320 billion UN Office of Drug
and drugs and crime director Antonio Costa told the Austrian
weekly pro Phil this is this is why I say that it's highly
unlikely that any form of drugs will be decriminalized certainly
in the United States probably the largest the largest market
for drugs $320 billion that's over half a percent of the world
GDP. Yeah. Although I guess not a lot of variety available in
Portugal and those guys pulling my shit that market shot that's
no good. And while we're on that, could somebody please
point out to me a company that makes lighters with actual
lighter fluid included in your purchase? What do you mean? I
buy
most lighters butane? Yeah. But I call a lighter fluid which was
used as it was WICT and it was usually like with it with a
Zippo or a Ronson and it was a fluid that was largely kerosene
you misunderstand I should I should explain they seem to give
them like a quarter full the you buy a new lighter and of course
you would know about this John But lots of people who smoke
would you buy new lighter and then after two days fucking
things empty again? Because they keep putting less fluid in?
Yeah, I hate that.
I'm sure you do. But what are you going to do about it?
Well try and work with our audience to find the good
lighters and the only one although it's hard to find them
or the oval big lighters those are the ones that usually last
forever and every other lighter you buy is
is just why don't you just buy that instead of complaints? Not
hard.
It's not easy to find them. It's it's only one case of them.
I think that butane leaks out through the plastic No, I think
that those things are so poorly made that there's little leaks
all over him and I think that's where the by the time you get
when they're half empty no I don't think so. I think that's
what it is I'm just asking for help here. Buy a lighter that
you think has nothing in it put it in a drawer and leave it in
there for one year and see if there's any juice left at all.
Okay, I'll bet you it's empty okay in
Alberta the they're starting to cap is the funniest thing we see
these pictures are starting to cap carbon dioxide it's just so
funny to see these huge pipes going into the ground I don't
understand how this is this can be if we if we buy into the idea
that carbon dioxide is deadly. Why are we pumping that shit
into the earth that makes that makes very little sense to me
then that's what cap and trade is isn't it's not part of it is
yes part of
it? I think. I think we I think I think we have I think there's
an evil doer. Somewhere in the scheme of things. It could be Al
Gore he sounds like a robot trying to kill all vegetation
because vegetation requires carbon dioxide to survive.
I was trying to do something cool but didn't work. Maybe
that's all I have to say about it. Let me try it now. I am Al
Gore. Oops.
Maybe we should rehearse the show. No,
that would be wrong. No, no.
Hold on. Here it is. Now. I've got it.
I am Alcor Nago. Oh, that's it. Well, what would you like Al
Gore to say?
I should have said something. I am Al Gore, I am a robot, your
new master
here comes ringtone,
I am Al Gore, and I am a robot, your new master?
It's good. So you just typed that into Twitter. And it does
this right?
No, well, I just typed into my computer. But yeah, if you if
you Twitter that, then it would actually run on the stream like
that. Okay. Two credit unions seized. And this is I think, a
much bigger deal than them than we think it is. What is actually
the what is a credit union John?
Credit Union is, is a kind of a form of a bank. But it tends to
be run privately, usually by a union, or a government agency or
something like that. It's almost like a it's almost like those
little utilities companies that are owned by the city rather
than the big utilities company.
Well, the US Central corporate Federal Credit Union, and the
Western corporate Federal Credit Union, total combined assets $57
billion taken into conservatorship by federal
regulators. That's what they should do with AIG. Instead of
all yellow, yeah,
I know they own 80% of them now. I don't know what what the deal
is. This AIG thing is ridiculous. Because I say I ag
earlier. Yeah. So that a couple of things you correct me you can
make me look like an idiot.
I like it when you sound like an idiot. The here's a guy who will
be shot pretty soon. A Russian designer has created a
revolutionary car engine.
Get him out of here,
take them Fugger out back to to the head and put the gun in his
hand. He's calculated that 10,000 of his engines with 600
horsepower capacity could save up to seven half million dollars
a year in fuels in terms of fuel economy. It's a really weird
looking thing. It's it's probably bull. sent me the link.
Yeah, hold on a second. He says my engine works without any
noise. It's absolutely harmless to our environment. It's the
most economic engine ever created. And it can work even
without transmission.
Yeah, right. Wonder why
be so skeptical? Because it sounds like
bull.
Well, what are you have you ever tried making an engine in your
workshop? Man, what do you know, you
know, engines is like engine design and invention is been
kind of like has a few centuries of you know, yeah,
exactly. Like 100 years ago, Tesla was coming up with all
this amazing stuff. And they burned his shit down, burned his
papers and let him die in poverty. The guy who brought us
the Niagara Falls power plant. They yes, they they, in this
case.
74 year old Russian designer Robert Greggii. orients has
developed an engine which can make a revolution in the engine
industry. He's from the VO Volgograd agricultural economy
or Academy. Yeah, right. Blah, blah, blah, blah. There's no
picture. There's nothing. It's
a picture on the right and you click that and you can see more
pictures.
Did I click nothing happens? There's no nothing to click
yourself a manly browser. During President Obama's West Coast
town hall meeting, he mentioned a new URL, John. Oh, yes, one.
It's making home. affordable.gov probably the worst worst URL
I've ever heard of why? And he said it he said without
stumbling, making home affordable.gov It probably
spelled out on the teleprompter as individual words Making Home
Affordable. Do t. Gov. And this. This shows us if if we are
amongst the seven to 9 million homeowners who may be able to
benefit from Making Home Affordable. Would you like to
find out if you're eligible, John?
Well, I can see I can look up I'm looking at the website.
Eligibility loan lookup. Find a counselor or your counselors are
going to be big during this administration. You can be sure
that
I start here to get help. I've already done the test that you
basically have to answer yes to all the question. Since
otherwise you don't get through. There's no logic in it. So are
you the owner of a one to four home unit? Yes. Do you have a
loan owned or guaranteed by Fannie Mae or Freddie Mac?
That's the kicker? If you don't have a loan guaranteed by them,
then you're off the list. Are you current on your mortgage
payment? I mean, it's like no one is. If you have a Fannie Mae
or Freddie Mae, Freddie Mac back mortgage, we know that most
people are not current on their mortgage payments. Probably
can't answer no to that. Do you believe that the amount you owe
on your first mortgage is about or this, if you will fail, you
get fail every single time but then they have a different two,
there's basically two paths, you have the two if you answer no to
one of those questions, they don't get passed. So that's the
Home Affordable Refinance, and then it gives you sorry, are
eligible but then you can go for the Home Affordable
Modification. And this is the moneymaker. This is the one
where they will lower your payments, but you wind up paying
more for your mortgage because they extend the they extend your
payment terms by three to five years.
Okay, so there's something screwy about this site. Let me
take a couple of couple shots. For one thing this is not
doesn't look like it's done by the Obama team. It's got making
home affordable.gov sales mark right over the.gov Oh, yeah,
Sam, I see it right. So there's a sales Mark available and it's
got these three home peaks and so they
check at the top? Could the hotline 888995 Hope.
Right In fact, if you look in the top line, it says
trademark and hope is trademarked
is now a trademark by the
people only if it's all uppercase up. Maybe is it
homeowners hope is trademarked?
I don't know if it's homeowner So that's if there's a there's
like a laugh saved because it's outrageous. hope hope all
uppercase is trademarked.
We're gonna get sued man, we're going to take it back for this
ship you when you say on pay shot twice. How come there's no
About Us link? There's eligibility loan lookup, find a
counselor contact your mortgage, servicer. Resources, audio and
video. Oh, dude, you've got to listen. It's like it's like a
horrible infomercial. Oh, dude, I
watch it. Well, I take some clips from it for next time. You
don't know us. treasury.gov is in partnership and is in
partnership with Hu d.gov. Lincoln in partnership with the
financial stability.gov Is that
person who has always paid bills on time, and I never thought
that I'd have a stroke. But it happens. And I never thought
I've ever been in this situation. But it has happened.
Millions of Americans are having a difficult time making their
mortgage payments.
Doesn't that sound like an infomercial?
Is she doesn't sound like she's had much of a stroke. So the
financial stability.gov site which links at the very bottom
of that page is site is coming soon. On Tuesday, February 10.
Treasury Secretary Timothy Geithner outlined a
comprehensive plan to restore stability to our financial
system and the address blah blah blah blah blah blah. This is the
site that has no no form. Yeah, it's just like an outline. It
has no background no pizza. Yes, the site is coming. It's under
construction. Yeah,
where's the little man digging? Oh,
this isn't one of those shovel, shovel ready projects, I guess
jar?
A shovel ready website. That's a good one. She get this laugh.
Because it's real. That's the problem. When I'm looking at
this, I'm just busted up. I can't believe what they're
doing. They they in that infomercial? I did take some
notes about it because I watched it at a certain this is a minor
pet peeve I have. They spelled their as with the possessive as
th er E in the subtitles. Oh, that's funny. It just irks me
when that when people do that. Oh, they don't have any copy
editors. What's the infomercial guys the same guys who do the ab
ab machine are now refinancing your your mortgage and you're
gonna get screwed on it. I should have pulled the clip from
AIG, AIG CEO, where it was it was it was a setup Barney Frank
actually said, Well, I want the names of the people getting
these bonuses. And then and then they'll what's his name? Dillard
is Dillard. He says Let me read you a letter. And he reads out
these threat letters of people saying every AIG employee Got a
bonus should have and their families we should put piano
wire around their necks and strangle them to death and then
hang them up by their testicles. He's like, I don't think it's a
good idea to give these names. And then Barney Frank is going
well, I'll talk to the security people. Like, what department is
that Barney? And he kept saying it the secure. I'm going to talk
to the security people, but I think we can do that. So now
they have 11 names
is just a distraction. Totally. So now there's some stories out
there that say that that Santilli Durant was staged. We
talked about that last week. It's exactly what we said. It's
completely possible that was staged to spark this off, throw
Jim Cramer in there. Get the president on Leno. Get Bernanke
on 60 minutes. Everybody start getting really angry about these
bonuses, and all the other stuff just kind of happens without a
noise
so I don't normally look at the Twitter feed while we're doing
the show. But I got to I did this one. Tell Adam, the women
that listen are all 80s girls still drooling over him from
MTV, which by the way I don't believe is true.
I don't think so either. Although it is interesting to
point out that my wife and I just had a cappucino here in in
town and we were walking around and I'm happy to report that not
just my hair style, but also my clothing is after 25 years is
back in fashion. Yeah. It happened finally Yeah. Why
should I even a clock stopped clock is it's correct twice a
day.
All the girls are dressed like slutty Madonna clones from the
80s they've got the you know the short skirts, the leggings kind
of the lots of mismatched color and then the either kind of
skincare blonde, blonde and black or kind of a yellowish
blonde it's back in style. I'm
very, very happy about it, if you want to call it style. So
where this is all going
nice little piece a little interview with what's the guy's
that guy is from the UN financial panel. The interview
was pretty funny. I think you'll enjoy listening
to the Reuters 2009 funds summit in Luxembourg.
Did you say fun summit or fun? It's a fun summit everybody
having a bottom Luxenberg
Welcome to the Reuters 2009 Fun summit in Luxembourg
doesn't sound like you saying fun. Yeah, you saying fun. It's
so fun to talk about money.
Hello, and welcome to the Reuters 2009 funds summit in
Luxembourg. Ruben Ramirez. Joining us today is Prasad,
Chairman of intelligence capital. Well, what's
intelligence capital?
I don't know. Well, he's
the chairman
of the knotch. Thank you so much for joining us. Thank you, the
UN Commission of experts on financial reform of which you
are a member
and by the way, so this is another panel very much like the
IPCC which brought you climate change
set to release a set of recommendations this coming
Monday. Can you talk a little bit about what those
recommendations are likely to include?
One of our main recommendations is that now is the moment to
think seriously about a new global reserve currency.
Bingo.
Oh, please. This is your this I can see this coming down
Broadway. This is it baby. This is where it's done. So let me
make the notes. You're on the Adam curry thoughts one global
currency. So forget the marrow corolle book currency and a
global financial police.
Yes. And and we also pay our taxes to the state it'll be
it'll really be bankers, but we'll let we'll be paying taxes
in the form of carbon credits directly to the bankers. That's
That's my script.
Yeah. It's never gonna make it.
Well, okay. All I'm saying is the UN was very capable of
putting out a highly questionable report on what was
known as global warming now climate change that has been
adopted by
that it's because of Al Gore. Right? So all you need is an
average of the money has managed to make this happen. Who's going
to be selling this to anybody?
I think people like Gordon Brown. People like stooge. How
about Obama will sell it when it's time?
I don't know. I think it'd be too late by then. Too late.
We'll see. Okay, we'll just let it well we'll play it out. I
mean, I don't mind watching this this thing unfold why?
Why do you fight me on these? I mean, you can have a difference
of opinion but you you give me absolutely you know what someone
pointed out to me in an email private email one of your fans
No, no even said, I'm not really a fan. But in all honesty, let
me be clear, and listen I believe John Dvorak could be a
disinformation shill because all he does is say uz Bucha Oh, here
we go again and you never have any. I'm playing your clip of a
UN guy that hey, not just any guy. He's the head of
intellectual capital, whatever he just said, and he's saying,
hey, it's time for for new dinero is baby. And then you do
but you discredited but you have nothing to back it up. And I
have to say, though I
discret? No, I'm not discrediting the fact that
they're trying to do this. And the Russians want to do it, too.
I mean, there was some commentary recently by Putin,
who says that they've maybe the Russians should be the leaders
of this new currency. They weren't world currency might as
well be with you, by the way, with this one currency for they
just like making a mess. The Euro nicely.
That's it's a fantastic experiment, they really screwed
up Europe, let's screw up the whole world. Come on everybody.
That's
why I'm what I'm saying is not that I'm going to try to do this
or not try to do this. What I'm saying is that they're not going
to manage it.
Well, but that's the whole point. They don't want to manage
it. They just want the simplicity of having it so they
can continue to make billions and trillions. And now what I
mean is they're not going to manage to even get that far.
Yes, they will, John, they will, because they will find an Al
Gore, it might even be Al Gore, who's going to say oh, if we
you're going to make a movie, and the polar bear is going to
be animated,
or have a global currency, we're going to die.
This is how gullible we've become as masses. Of course, of
course, they have that power. They're out there saying, hey,
you know, we're not hiding the fact that we're creating 60,000
people in the UK who are going to spy on you and report on you.
Quit we're just doing it out in the open because you people are
so foolish. You just buy it. No. So I
want to play the rest of the clip, or was that all there is?
No, there's plenty. Put it back on. Okay.
A shared reserve currency. The Americans have complained
bitterly about status of being the world's having the world's
reserve currency. The ball was
complaining bitterly.
I hated that we're the world's reserve currency John
is complaining bitterly specifically
so this guy is just full of crap is what you're saying. No, this
that's what you're saying by playing it you know
what I'm saying is here's how that's what I'm saying. Here's
how here's how it works. You just go out there you tell some
lies. And then you get some charismatic guy to come in. And
you know to basically sell the idea.
I have it I have who it's going to be who this would be a
switcheroo. John McCain. Can you see the fractal? Yeah.
Yeah, I can see the fractal.
Right. We'll see if he ever says anything. They will know. You
know, something's up. So this guy sounds like it. Who is this
guy? What is his name? Again? Intellectual Capital. Never
heard of it. What he did go back and who is this?
Okay, hold on a second. I'm Alcor and I hate being the
global reserve currency. There you have it. Al Gore is out
there.
Hello, and welcome to the Reuters 2009 funds. Oxenberg
Rubin Ramirez. Joining us today is Avinash Prasad, Chairman of
intelligence capital.
Bobby nice Prasad, Chairman of intelligence capital.
I'd be nosh. Meanwhile, I'll play
a verse. While you're looking
at a new global reserve currency, a shared reserve
currency. The Americans have complained bitterly about their
status as being the world's having the world's reserve. We
are not your ally our world wants to save. They're forced to
have a deficit. I think they complain a little bit too much
about that. But if they worried about that, the rest of the road
aren't very happy about the dollar being the world's reserve
currency either. So now's the moment to think about new
arrangements.
This guy is totally on duty. He's reading. He's programmed.
He's absolutely just listened to it's flowing
out of it, we could have a shared global reserve currency.
All
right, get to the good. So what are the implications of that?
I think the principal,
I haven't seen the whole clip, but how much the bet he brings
in carbon emissions.
Take the best is a global imbalance problem. The when part
of the world wants to save more than it did before. This won't
lead to a concentration of assets in one place, but more
spread around the world. It's good for those people who've got
the savings, their assets are diversified. And it's good for
those people who where the money's flowing,
given the current economic environment, the Madoff scandal
that we've seen the investors lack of confidence in the
system. What sort of changes are we likely to see in the
regulatory environment?
I think this crisis is going to have a, a long lasting impact on
finance, financial regulation, financial institutions, probably
going to cast its shadow over the next 50 years.
50 years. Geez.
In financial regulation, we're going to place a lot more
emphasis on systemic risks, whilst the the public and the
politicians like to talk about issues of fraud, actually, what
really went on was a fundamental failure of domestic regulation.
And ignoring the economic cycle, this was a major error. And I
think regulators have understood that and
now it's going to happen is there's gonna be no financial
markets left, they're just gonna just gonna be completely dead.
If, or at least the reason that the shadow banking system but
the real banking system
at a number of ways in which regulation can be sensitive to
the booms, as well as the busts
of financial hubs like Luxembourg have a
board of him. IT guy is an idiot. Yeah, never heard him. I
can't find him on the web. Because it'd be nice if I could
spell his name.
Let me see if I have. I might have a link here. Yes, I have a
yeah, here you go. Oops. Didn't say his name there.
Give me see.
Maybe not. Yeah, for sound P E. R. S. AUD may go? Well, so it
seems like a couple of things are taking place. And bear in
mind that along with that there's also the European
Commission to deal with. There's a there's a vote scheduled for
June for European Commission or European Commission. That's not
like a public vote, I don't think I think those people are
just installed. And then of course, we have to elect a new
president. But this can't happen until the Lisbon treaty is
signed. And there's even talk now of moving the commissioner
vote up until the the proposed October 2 referendum in Ireland
which of course is exactly why President Obama was sucking up
to the Prime Minister, the prime A the Prime Minister of Ireland,
because they need they need the legal document in hand to
completely to completely enslave the Europeans.
You know, finding anything related related to this joker is
pretty unusual. I've had to go three pages deep. I found some
thing has to do with Morgan Stanley. Morgan Stanley and
Citigroup to form industry leading wealth management
business through joint ventures somehow this guy's in the that
releases in this article. Yeah, I'll look him up later. It
sounds like a phony
that I'm reading through that. There's a an abbreviated version
of that Austrian magazine about the the drugs director from the
UN and the International Herald Tribune. This is great. He says
in many instances, drug money is currently the only liquid
investment capital. The United Nations Office on Drugs and
Crime have found evidence that interbank loans were funded by
money that originated from drug trade and other illegal
activities. Hey, no kidding. This is this. So here's here is
more my win called proof. But here is more support. From my I
think my very eloquent assertion that the Afghan war is to
produce drugs part of the $320 billion trade, because that
money is flow is essentially flows through the interbank I
guess that's that's that's probably kind of a shadow
banking system that flows into publicly listed companies
through banks.
Well, I'm not going to argue that point on the on the
drugs, and says there are signs that some banks were actually
rescued in this way.
Well, you know, I think your guy down the streets got it, you
know, got it, right.
The Afghan store guy? Yeah. I gotta find out his name. I'll
ask him next. I
use him as a resource. Well, let's,
let's write up some questions. All right, some some really good
ones that you can that you can kind of go into.
Alright, well, they're asking about the Taliban and, you know,
that kind of thing. Because he, I do we're aware of bin Laden,
he probably know.
Where's Bin Laden? I think I have to record this. I don't
think it'll be good enough. Just to tell you what he says. I
think I'll have to get him on mic.
Okay, we'll get to get a little h2 with everything I recommend
is the zoom h2 for anyone out there. Let's have a little
horrible wave recorder. It's actually quite nice for Mike's
cheap to make amazing product.
And then of course, we had another navigation issue this
past week.
Yeah, yeah, there we go again, too. Yeah, this is making your
theory look better and better.
My theory being that the Iridium satellite network, which is used
globally for ship navigation, they have a specific product for
it. And that whole place is government issue these days.
Tonight, you've got there was at a tanker and wasn't a couple of
Navy ships or something submarine submarine and an a
Navy ship was possible.
It doesn't make any sense.
That would you ask that guy to stop calling you every single
Sunday show we do.
Goodbye, I have a sound file that I saved you. I don't know
what it means. Yeah, and I don't know what it is. It says
Bernanke. 60 minutes, just let me play the
movements of a trillion dollars, doubling the size of the Fed's
balance sheet is that tax money that the Fed is spending, it's
not text money. The banks have accounts with the Fed much the
same way that you have an account in a commercial bank.
Oh, this is interesting. This is Bernanke in 60 minutes, where
he's essentially saying, the Federal Reserve is a private
group of bankers. But of course, no one caught this.
So to lend to a bank, we simply use the computer to mark up the
size of the account that they have with the Fed. So it's much
more akin, although not exactly the same, but it's much more
akin to printing money than it is to borrowing. You've been
printing money. Well, effectively. And we need to do
that because our economy is very weak and inflation is very low.
Yeah, I remember him saying that. Why,
why do we need and unreligious wrap up the show with this? Why
do we need someone to raise inflation?
Well, because you don't want the deflation is the worst thing
imaginable. Why? Well, because it stops all spending. Imagine
for example, you're wanting to buy a house, but you know that
the house is going to be worth half as much in a year you're
not going to buy it or say you need to buy a new car, but you
realize that the prices are going to just keep going down.
You can get it for a lot cheaper if you wait,
stop something. I'm gonna stop you for a second. Okay, housing
market, car market got it? Dead. Okay, what what, but I'm still
gonna go buy groceries.
That's all though you're not gonna buy furniture, you're not
gonna buy anything, any of these, these goods and services
that are going to be cheaper tomorrow. So you're just going
to keep putting it off and putting it off and that it just
drags in economy right down to nothing. You want to crank in
economy? Yep, you start you create hyperinflation, you have
to buy now because tomorrow is going to cost twice as much. So
you go crazy, just in the other direction. But is that so you
want to have a little bit of inflation which encourages
people to buy because they know they're gonna have to spend more
if they if they if they wait.
But is that then the definition of a truly free market?
Well, it's this market is always they've always tried to control
the market.
I know. I know. I understand that because that's what the
central banks do. But do we is there any Has anyone ever
experimented by doing that without someone regular
manipulating the currency? I mean,
yeah, before 1900 There was always done just it was just did
its own thing. And it didn't have it, you know that? Well,
they should work just to be honest about it. It's worked
just as well as
bullshit alert. You just said it. To be honest about it. Like
all the other crap you just told me in the past hour and a half
was full of it. I don't I don't want you to lies now divorce
tech.
To be honest about it, it seems to me as though this system used
to work. But it used to have this boom and bust bust cycle
they say was so extreme that drove people crazy, like to have
a little more control. And that's all they bitch about. If
you listen to this crazy guy that was talking this guy from
intellectual capital, he's going on and on about controlling the
boom and bust cycle, you talk they listen to Obama on Leno,
oh, we got to control the boom and bust cycle. That's what they
always say every time there's a boom or bust. But what
they're actually doing is they actually create the boom and the
bust.
While they try to you know, they keep thinking they can control
so the only
thing that the Fed chairman has to do is to equalize the boom
and bust. That's that's basically his job. So
when looks like he didn't do a very good job yet, but
this is where this is important information. This is really good
job because people don't understand what this is all
about. But it's very, very simple from what I just
understood from you, that the Federal Reserve in at the at the
foundation, its job is when deflation occurs, to increase
inflation, to keep the economy going. And then if too much
inflation occurs to deflate, which I guess would be by how to
do that. Is the lowering of interest rates?
No, you, you raise rates raise rates, right. And that slows
everything down. And and you know, the interest rate thing
was supposed to be the regulator they figured, and you crank up
the interest rates to slow things down and you decrease the
interest rates to speed things up. But they got the interest
rates so low, now they're down to almost nothing. And they
can't seem to get the thing going. And so they have to come
up with some other schemes, whether it's buying their own
bond, you know, their own treasury bonds, or bills or
their treasury, but it's
still it's still all based on inflation and deflation. That's
the end. Yes, yeah.
And you want to have a modest amount of inflation. And that's
exactly where, you know, we're not
because that modest amount of inflation equals economic
growth.
Yeah, because what happens is people you know, there, you
don't want people to go crazy. You know, you don't want
hyperinflation where you have to spend all your money instantly
because it becomes worthless overnight. That's no good.
Kind of like when everyone went crazy with the housing bubble.
A little bit. Well, you're not like real crazy, like in Brazil
or in Germany in the 30s. Where you know, there were truck you
know, your money was orange, or not yet. Now, I know it can
happen.
Okay, so but the so and right now, there's another there's
another way to inflate or deflate and that's by putting
money into circulation or taking money out themselves.
Yeah, usually done with a T bill mechanism.
Right. So But now, the Okay, it's a fractal John, I've just
suddenly just figured it out. If you took a twig and you're
holding the twig and and the twig has some inherent motion
and you're trying to combat that so you know, it moves up you
move it down, and then when you move it down and moves up again,
you push it back down, the end of that twig is going to be
flying up and down like nobody's business like you're whipping a
fishing rod around. And eventually that just snaps so I
don't think it can work ever it seems like physically impossible
almost does that make sense? No.
Right, ladies and gentlemen is an official an official buzzkill
moments Jade Goody died this morning.
The guy the record store guy. No,
the cervical cancer Big Brother candidate. It's the top of the
news all over the United Kingdom kingdom. Gordon Brown even took
a moment for a tribute to her. He can't say anything about
people who are living on the streets. But he can take a
moment to and of course there's a link in the show notes for
today's program all the linkage and or the jumping on it now.
Boom. The body's not even cold yet. You got to get your shot.
Don't be like Jade.
All she died of cervical cancer. Yeah. Oh, that's right. This is
a story that's been developing over there. Yes. Yeah. And it's
all part of a scheme to maybe she's not even dead. I hate to
say it's horrible.
That is now she looked like she was really dying. John. That's
okay.
No, I'm sorry. For being tasteless.
No, I know what you mean. But at the end of the day, you have to
be honest. Unlike everything else we say on the show. It's
totally possible.
Possible. I still think that guy from MCI was heard the Enron guy
still floating around.
Oh, Ken Lay Yeah, no. I'm there with you. Well, we're still
keeping our eye on made off. You know, you never know what's
gonna happen with him. Yeah, I
got to think about him. No, he's 70. And he's must be under some
stress. I would think
Patricia had a 78 year old guide, tap dancing on her show.
Oh, he wouldn't know he was a he was like really, really good.
Hey, we're gonna do the show a different time next week. And by
the way, I want everyone to do go to divorce.org/in A and
please contribute to the show we need. We need some
Oh, we haven't talked about the library Winery at all. Shame
knows
well, we you know, some people complain we're doing it too
much. But I think it's something divorced that org slash in a you
know, you can contribute. We got a lot of six D $6.60. And if
somebody wants to get you a lot of publicity for themselves,
we'll give them a send off if they do $666 I don't know why
everyone said they want some mark of the beast, but you know,
it can happen.
No agenda library.com or divorce act.org/and. A.
Right. It would be appreciated. And we'll have a call out for
people who give us a 50 or $100 in the next week or two.
And if you can't contribute to monetary funds, and we're and
we're only asking for two bucks a month on a donation
subscription. If you can't contribute then you just tell
someone to listen to the show. That's fine.
Give him a copy. Make a copy for him make a Bernard CD. Yeah,
that's
a good idea. That's a good idea. Please And you know, and use
pieces from our show there's, you know, you have under
Creative Commons, I guess. As long as it's non commercial. I
don't care. Well, actually, I don't give a shit either let it
be commercial, please go make some money off of this show,
would you? That's a good idea. And seriously, the first person
who creates an iPhone app, you're gonna make at least 1000
bucks. I don't know if that's incentive enough, but you're
gonna make at least 1000 bucks. I guarantee high school if you
if you sell it for 99 cents. There's at least 1000 people who
listen to this show with an iPhone that will want it the
convenience of having an all in one.
app. Yeah, sounds like a winner. All right, so we're down. We're
gonna do the show a different time next week. What's
the time and how come on
Wednesday night when you could get Thursday morning. I mean,
that was
Oh, that's right. I'm sorry. Because I have do you have a
conflict on Thursday? Or is it just mine?
Well, no, I have a conflict of Wednesday morning because there
you have the meeting, usually. And I'm gonna do Wednesday
night, which would be well,
how about what how about Wednesday evening?
Yes. What I mean, yeah. Okay.
So then we'll do it after. Can you can you just go back home
after the meeting?
I know I have to do cranky geeks.
Okay, what time What time will you actually be done that I
wouldn't get home until three. You know what, you know, just
pay attention to our tweets. And you'll see when the show was on.
But it won't be Thursday.
Not Thursday morning. Somehow we're gonna get a show. Another
showdown.
Maybe? Well, maybe I could do it after that whole thing on third.
Well, we can do a clip show. No, no, no, don't say evergreen
either. He's Buzzkill. I'm crackpot. And I'm Adam curry
here in southwest London in the crock pot command center and get
mo nation East.
And the buzzkill bunker is John C. Dvorak located here in
Northern Silicon Valley. We'll talk
to you again Wednesday, Thursday, whatever soon. Right
here
on no agenda