Episode 1899 · Sunday, 30 August 2026

Asymmetric Intimacy

A massive Venezuelan oil play and an $18 billion Meta settlement headline a deep dive into the crumbling trade relations between the United States and Canada.

By The No Agenda Show | 2h 31m listen | 23 chapters
Asymmetric Intimacy cover
The No Agenda Show · No. 1899

About this episode

President Donald Trump announced a massive deal to seize control of 65 billion barrels of Venezuelan oil, a move Canadian Premier Doug Ford and Senator Ted Cruz are viewing as a seismic shift in Western energy dominance. Adam Curry and guest Jason Calacanis analyze the logistical reality of processing heavy Venezuelan crude against the backdrop of the lowest Strategic Petroleum Reserve levels in 44 years. The deal serves as a central pillar of a midterm strategy aimed at collapsing domestic gas prices while bypassing traditional OPEC influence.

Geopolitical tensions escalate as financial analyst Kyle Bass details a new canal project in Oman designed to circumvent Iranian control of the Strait of Hormuz. Simultaneously, enhanced sanctions target the laundering of Iranian oil revenue through Chinese RMB and UAE cash houses to cripple Tehran’s economy. In North America, trade relations with Canada hit a breaking point as Finance Minister Chrystia Freeland rejects U.S. demands that mirror the 1890 McKinley Tariff playbook. Meanwhile, Meta agrees to an $18 billion settlement with 30 states over Instagram’s addictive impact on minors, while the deportation of Milo Yiannopoulos signals a shift toward strict immigration enforcement.

Jason Calacanis reveals the surprising origin of his long-running John C. Dvorak impersonation, tracing the "gangster" persona back to Edward G. Robinson’s performance in Little Caesar. Adam Curry reflects on the "asymmetrical intimacy" of the podcasting medium following the passing of his long-time co-host. The episode concludes with a satirical musical breakdown of the administration's plan to import 300,000 metric tons of ground beef to combat the domestic meat processing duopoly.


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CHAPTER 01 / 23 Discussion

Adam Curry and Jason Calacanis Discuss Podcast Origins

Adam Curry welcomes Jason Calacanis to the program, noting his transition from New York and California to the Texas Hill Country. Calacanis reflects on his early career influences, citing John C. Dvorak’s PC Magazine columns and Curry’s work at MTV as foundational inspirations. The two discuss the technical origins of podcasting involving Dave Winer and the evolution of the "Value for Value" model.

adam curry· jason calacanis· john c. dvorak· dave winer· mtv· podcasting 2.0· value for value

00:00 on the pod, on the pod and the pod. It's a podcast. Adam Curry. It's Sunday August 30th 2026 this is your award winning Gitmo Nation Media assassination episode 1899 This is no agenda Coming to you from the gateway to all drug trade throughout Europe here in Rotterdam The Netherlands special guest from the All In Podcast Jason Calacanis J. Cal will be joining me to make sense of your world and deconstruct the media in less than one minute! Ladies and gentlemen, valued producers and pre-revenue startups burning 12 million a quarter. From the land of Steve Browns where every dumpster fire's a disruptor Angel Invest's instigator Silicon Valley's designated interrogator Jason Callahan

00:55 But today he's got no agenda In the morning Jason, Ja-Ja-Jason Calacanis No, no, no All in No, ahhhhhh No agenda In the morning In the morning You don't get an intro like that everywhere do you Jason? Oh no, so great to be here. That was a great intro! Love it. Jason is... you're in the Hill Country in Texas I believe yes how long have been in the hill country

01:54 This is your three for me. I'm at the eastern ridge of the Edwards Plateau as you know that's the plateau, UNI in FEMA region number six. That's right. FEMA Region Number Six! You got a noisy room there brother what's going on? Okay well i'm coming in here. Yeah you gotta get into that mic man this isn't like some Some video podcast, we got a bunch of dudes on there just yapping away with Skype taking care of everything. I'm sorry Zoom. Zoom. Zoom. All right well i'm up on the mic here hopefully i'm okay yeah that's good i just dated myself um thank you so much for for taking time out of your busy week to do this uh my pleasure people don't know but i have always been a huge fan of not just no agenda but

02:41 John C. Dvorak, who in my early years I used to race home after school to get the PC Magazine and I would open it up and read about his column. And we said gosh if someday I could get paid to do what this guy does which is just be a curmudgeon and get free product and then just say its terrible and push him to do better Growing up, I grew up on MTV and got to see you as just a great broadcaster. And I've always just been a fan of your work as well, MTV and what you did online when you did building websites in your design company so I always thought you know you and John were like big brothers to me that kind of study and watch what you do because gosh my whole career now is based on

03:34 Podcasting people don't know this but you created podcast with Dave Weiner and then my previous company weblogs Inc My blog company was based on Dave Weiner Now, wait a minute. Don't we know each other from the 90's in New York? Yes, we were both in New York in the nineties I was doing Silicon Alley Silicon Valley That's right. You were like that guy who was always trying to get scoops and stuff Yeah, you know I had about You know, at the age of 23 or 24 I started zines. The punk rock thing to do was to build a website or have a zine so i had like a photocopy zine but I just timed the wave perfectly with

04:11 you know, the internet and you timed it as well. You bought like the first domain names and I was just running around New York talking about CD-ROMs and Voyager and interactive websites. I was fascinated as you but I always wanted to be a broadcaster and you were one of the first VJ's which was truly innovative in the world then there was Howard Stern, John C. Dvorak and I got to just take notes. You know, it's funny you bring up MTV which I usually don't think about or talk about but i just saw Sean Lennon on Rick Beato's podcast. Have you ever watched Rick Beato? Do you know who he is? No! I don't even know He's the guy who

04:57 He has a studio and he's been recording music forever, I think. But he started to...I think YouTube channel? He's more of a YouTuber than a podcaster but he gets guys in you get some famous musicians and they're talking they're playing talking about recording techniques and probably for the last two years he's talked non-stop about You know how AI is killing the music business of course And I actually pulled this clip because it was kind of fun What scares me is that? I used to be kind of anti MTV in a way you know like oh MTV is just so so this is Sean Lennon mainstream and corporate But I miss it now because I feel like there's no town square or campfire

05:39 where we can all go and kind of at least know where culture is. Absolutely In fact, there might be no place that culture is because there's no single culture There are cultures and they're all over the place And of course certain people manage to break through and resonate with bigger groups for periods of time But it's never like Michael Jackson thriller That's right It ain't like that I think that was really good for humanity cause' it kinda connected us They made us family Yes! We were family, remember? Back in the day we were family. I think actually early blogs and early podcasting was all...we were also kind of family in a way back in the day. Yeah you know there was a group of folks who were drawn to the internet in the early days they were generally radical

06:22 freedom loving, you know, explorers. And we just wanted people to get an internet connection and join the party right? That was like the ethos of it when it was only a couple million people online then the web browser happened dial up etc. And then everybody went to blogging for a little bit and everybody went to podcasting. And I just remember when podcasting came out, I was just like wow you could actually be Howard Stern. You don't need anybody and literally, you just telling Dave to add that little enclosure to the RSS feed changed the world and I'm not going to blow smoke or anything but I don't think he get your doom and I have like very few people at this level, I have a top literally Top 5 podcasts in the world most weekends

07:12 All in gets into the top five on the rankings. It's kind of crazy I hear you're the best podcast in the world, which is still one step under best podcasts in the universe Well here let me tell you that's called a hat tip sir and so it was a literal hat tip to you because you were saying that long before I did and I literally this week was talking to Spotify. And I said, Hey guys you know listen if you want me to tweet the link to Spotify You've got a go listen to podcasting 2.0 and I want these two things the donate button in the live button. you know, the standards because I wouldn't be here if it wasn't for what Adam Curry and Dave did. And now as part of this ecosystem y'all need to support it so... And then the value for value thing when I started this week in startups, I tested it and it went just even back then 16-17 years ago. I think I started 16 years ago? You started 18 or 19? That's hard to remember. I think daily source code, it just celebrated

08:15 I did that, but then I wound up getting all this advertising. But I wish I had just stuck with Value for Value. It's another one of those innovative things you did in your career that I take notes and when you get to the top of the game, who can you look to and say okay, who's doing something innovative in the world? There was no agenda. What you and John did here—and continue to do here— however you wind up and that was my big question for you is like, where are you at in your journey? Because the community needs to know. But I just there's very few people I take notes from and you're one of those people so I always try to give you your due as I wouldn't have the career I have if it hadn't been for that moment when US day for them closure. So just a formal thank you from me. You're more than welcome. It just kind of happened but what is so interesting Is that all of a sudden you're like

CHAPTER 02 / 23 Discussion

California Exodus and the Urban Decay of San Francisco

Jason Calacanis describes his move from California to Texas, citing the decline of New York and San Francisco into what he terms "socialist lunacy" and rising crime. The discussion focuses on the fentanyl crisis and homelessness in West Coast cities, with Calacanis arguing that current policies enable addiction rather than providing compassion. He contrasts the American approach with Japan's family-centric social recovery systems.

san francisco· austin· california· fentanyl· homelessness· japan· bill gurley

09:13 You're in California, you're early investor in I want to say Tesla, but probably other things. Maybe even Uber was the famous one. And then from there you just expanded it into seed funding and now I think you're a proper venture capital dude and it's just been a very interesting career ultimately just went, you know I gotta come back to the...I gotta go to Texas. Which is the same as me it's like i was east coast guy west coast for just a little bit and like no Texas is the place and that is just an interesting choice he made there Isn't that interesting because we both had the same exact experience We were in New York in the 90s which for anybody who doesn't know New York was the peak

10:07 like just peak culture in the 90s. Hip hop hit MTV, it was amazing internet blogging It was amazing and the world was just for young people to do whatever they wanted People just believed in youth. It was literally like the 60's probably if John was here he can tell us all about that He would say no but okay we were like bullcrap Nah nah see? It's not like the 60's We did a lot of ashard I'll get into my JCD. I got some clips on the impersonation anyway, you're right and you know i got to spend a little time in LA a little time in the valley but then I watched as like New York went complete socialist lunacy crime insanity it's really heartbreaking for me because I grew up in Brooklyn

10:52 to see that. And then in California, I just watched it go from like a place where we'd celebrated innovate innovation starting companies entrepreneurs to hating them and then couple of my friends Elon Joe Lonsdale but you know just a bunch of people started going into this place Austin now had been to Austin in the 90s for this little conference called South by Southwest And I said, wow this place is incredible. Like this feels like Brooklyn where I grew up or it felt like San Francisco in the early 2000's when everybody was just rooting for each other and it was like we're all on the same team let's innovate and it really is like...I think the spirit of America lives here in Texas and I'm just loving it. I love it! I think you're right. In fact I got a clip from

11:40 from Los Angeles, what's the... who is the mayor now? Karen Bass? Who lit the place on fire in Africa while it was burning. This is a councilwoman who had a small moment of clarity about something that Los Angeles wanted to implement. LA City Councilwoman Tracy Park is saying a hard no to one potential city project public sex huts This comes after the idea was floated by a resident during a city council meeting. The idea was for a private place where homeless people could go to have some privacy as a couple or by themselves. Park introduced the man's suggestion in a video titled, Things That Would Only Happen In LA but before even getting off the ground Park made it clear saying at the end of the video quote no we are not doing public sex huts I guarantee you It's still gonna happen. Its too good an idea for Los Angeles They love stupid stuff like that

12:36 You know, watching the homeless situation in San Francisco go from you know a thousand people to 2000 and then hit tens of thousands. I realized this is the wrong moniker this has nothing to do with homelessness it really is a tragedy It has to do with fentanyl and opioids meth. And its really sad because if you God forbid somebody in your family was on the street in one of these places were allowing people to freely sell fentanyl. for five bucks a hit, 10 bucks a hit. And then they wouldn't arrest the fentanyl dealers who are all from like South America and these crazy gangs and you let people live on the street any person who had a family member again God forbid would say please arrest them and put them in jail because they're not going to get help in the ability to get off that drug is like ten percent five percent best case scenario it's not compassionate

13:33 to allow people to live on the street. It's not compassionate, to allow this super drug- But it's a liberal thing because this is exactly what happened Austin that's why Tina and I had to leave. I'll never forget...I went on Joe Rogan show when he was still in Los Angeles and was right before COVID and so you know COVID is going on everything's kind of weird but it was fine for me because I was just at home and John and I were having a good time trying to tell people this was nuts And then Rogan calls me, he says hey I'm thinking of moving to Texas. I was thinking Houston or Dallas

14:09 I'm like, no man you got to come to Austin. And so he comes to Austin near the tail end of COVID and at this point we're out! We're like there's so many homeless or sorry camping and Joe calls me says hey man i'm here but what was all the tents? I don't know man I'm moving to Fredericksburg. Really, how you frame an issue and this is one of the things I love about what you guys do is you really challenge people to reframe their thinking. Shout out Scott Adams! And to really deconstruct the media if you call this a homeless problem and can use camping well then you're gonna try to solve that set of problems The truth is...I call them junkies because when I grew up What did you call somebody who was addicted to junk? Junkies People get very upset when I say that

15:01 gotta use the accurate word. If you say they're junkies, then you know it's a 95% chance this person is going to be dead in the next two or three years and the only way to help them is to force them into rehab where we'll put them in jail to detox them and that is sadly the only solution. You cannot solve this by giving them a free home or giving them money. In California tried and Austin I think is learning that hard lesson of like you just can't enable And if you, I spend time in Japan and in Japan. If somebody that you're like why they're not homeless people? If somebody is homeless in Japan they pick them up and they bring them to their family.

15:40 And that is the process. And, you know, I think we can learn a lot from that if you have somebody in your family who's got this problem picking them up taking them from California back to wherever they came from because every if you talk 90% of the people who are addicted in California are from other places and just know they can score now Yes, the weather you can score and not go to jail. And they give you $800 so famous venture capitalist Bill Gurley told me hey, you know J Cal if if you want to get more or something You should pay for it and if you pay for it, you'll get more of it. And that's what California did there literally paying for every junkie in the country to come there.

CHAPTER 03 / 23 Discussion

Adam Curry Reflects on the Passing of John C. Dvorak

Adam Curry discusses the emotional and professional impact of the death of his long-time co-host, John C. Dvorak. Curry admits the original dynamic of the show died with Dvorak and expresses uncertainty about the future of the program while experimenting with guest hosts like Jason Calacanis. They explore the "asymmetrical intimacy" of podcasting and the deep parasocial connection felt by the global audience.

john c. dvorak· adam curry· podcasting· parasocial relationships· grief· rotterdam

16:31 And the Netherlands used to be no homeless. It wasn't a thing, and now you see them everywhere! There's no need for it and that's drugs obviously... It's just sad thing by the way I'm gonna be a little slow today because this was not a great travel day we had We left yesterday The direct flight from Austin to Amsterdam was supposed to leave at 6, so we really weren't in the air until 7.30 and as much as I like KLM they really had the older crew And they were slow So dinner really wasn't you know our time dinner wasn't really being served until 9 30 You know the lights are on you can't really close your eyes and I stupidly

17:26 I started to watch Operation Hail Mary with Ryan Gosling. Have you seen that movie? It's two and a half hours, so I'm eating during it. Anyway, so I wind up sleeping maybe an hour-and-a-half or two hours. We land now and then we got to get from Amsterdam to Rotterdam. I forgot with traffic and it's just you know, that took a nut so we're here arduous at 1 30 in the afternoon And then oh, we're sorry the room won't be ready until 3 Oh man, it's just been one mishap after another. But anyway... We'll get through it! Hey man I got a question for you. Got a question for you because the audience wants to know like how are you doing with John passing obviously?

18:17 and figuring out the next chapter. And obviously you're trying different things here, I was super flattered that you asked me to fill in one day but what's your thinking here? You gonna keep going, are you gonna do it once a week? That you always joked about the exit strategy where is your head at right now because I can't imagine having 20 year collaborator And then it goes, and then you got this huge community that's hey they want you to keep going but can it be the same? I don't know. I've been thinking about you and I DM'd you a bunch. You know, and I just been thinking about you. We have DMed from time-to-time and you've always been very encouraging. I've always appreciated that especially because Jon and I would make such fun of you on the show all the time. Fair game fair game

19:08 You know, so what people don't... well they realize it but they don't is that for me okay my It was a performance you know John and I did a show together and it was a, you're breathing real heavy. Hold on a second. What are you doing? You know what my air purifier went on. Oh is that why? It's the HEPA filter turn that thing off so with John passing was not just My business partner, my performance partner. I mean he died but the show died what the show was died and can never ever come back And that...I'm not sure to be honest

19:56 Other things I have a company called Godcaster and we've been doing stuff with that. I really love we get to do this that I deal with with Pastor Jimmy Which is yeah It's a version of no agenda. I'm passionate about that I've enjoyed these past, you know few shows with people You know People who I want to just, who I like working with. I've always wanted to work with like hey wonder what it'd be like to do a show with Rob Due? What would it be like to do a show with Jason Calacanis? What would it be like to do a show... with Matt Long. I mean, I'm thinking of Tom Luongo and if you know who he is from the Gold Goats & Guns podcast? Yeah! It's... so I want to do that but I don't know...I really don't know it's to be seen. I'm definitely struggling this is part of the process to figure out what to do. I mean, I feel that I probably have some other things to do

20:58 So I'm just not sure yet, Jason. I really am not. Well it's a process and clearly the community is supportive of what you're doing You know...I was thinking about it and I do listen to the other one We Get To Do This I think it's great. I don't talk about the fact that I'm a Christian and grew up Catholic, and... I didn't even know that! I mean all of sudden you're like, hey brother? You decloaked right in front of me like look at him! Well, you know it's like, um, you talk about it publicly people are like okay That's weird like you base some of your opinions on what you learned

21:34 you know, about Christ and his lessons etc. And I'm like yeah pretty special guy even if you don't think he's the son of God, you know good some lesson so anyway, I think that pot is fantastic and I can feel the positivity in the energy from it but there's something very weird about podcasting and You know, I'm probably one of the few people who can relate to this strange phenomenon which you have which is people recognize you at an airport or you know, they just are It's asymmetric intimacy. They really know you, they really love you, they really feel like they're your friend it's so charming. Parasocial? It's parasocial is the fancy word for it and I call it like asymmetrical intimacy and they just think wow J Cal I'm your buddy because you're in people's ears these air pods and their regular cadence every Thursday every Sunday no agenda coming at you in the morning

22:28 And you guys were so good at it together that it forms that habit. And then, it's really jarring to have it change or go away and that woman who was crying in Australia... Yeah, the... She knows... News lady? Newscaster? No! She is a dame. She has been a dame for many many years. Dame Sarah she does... Dame Sarah? Yes she was doing Good Morning Australia Sydney or something for many years. Oh, yeah But that's you're exactly right and I sent it and every day I still get notes You know like I had no idea I never cried for anyone. I didn't know before And people were destroyed Yeah Anyway, I don't really reckon like you know flying here It's very odd because the flight attendants to go like oh

CHAPTER 04 / 23 Discussion

Donald Trump's Venezuela Oil Deal and Midterm Strategy

Jason Calacanis presents a "3x3" media analysis focusing on President Donald Trump's announcement of a deal to take control of 65 billion barrels of Venezuelan oil. Canadian Premier Doug Ford and Senator Ted Cruz offer differing perspectives on the geopolitical implications and the necessity of free elections in Venezuela. Curry argues the deal is a midterm ploy to lower gas prices despite the technical difficulty of processing heavy Venezuelan crude.

donald trump· venezuela· doug ford· ted cruz· oil prices· midterms· crude oil

23:20 Aren't you Christina's dad? Fantastic. You're a granddad now! I'm so glad you did this, none of the other guest co-hosts have tried this out but you threw an absolute 3x3 at me Hey, yeah baby compare us from ABC CBS and NBC Alright three by three we haven't had a 3x3 since the passing of the great JCD but Jason you brought it. So what are we doing here? All right well I like John I'm addicted to The Sunday Morning Shows and

24:06 Obviously, the midterms are coming up. He's talked about the last two episodes in terms of midterms and here we are again, midterms oil midterms what is actually happening during all this midterms? Now we got something really interesting Venezuela oil straight affor moves China and Russia all of this is becoming It's all starting to come together like a plot from Homeland or something because here is the week.

24:41 On Canada, this is the week first part of our three by three. And a Canadian politician just talking about Venezuela oil, which we just did a big deal for. President Trump announced on Friday that he had made a deal with Venezuela to take control of 65 billion barrels of its oil. How concerned are you about that? Because right now, Canada makes up 60% of the United States crude oil imports. Does this give him a bigger bargaining chip Well, you know something that's gonna be up to President Trump. Who do you want to deal with an unstable government like Venezuela? Or do you want to deal with your number one trading partner your number one ally Ally that has stood shoulder-to-shoulder through almost every single war Interesting both both countries have been in we're allies were best friends and

25:33 Our trading is so integrated, we need to get a deal that's beneficial for both countries. And you'll see both countries thrive and prosper and grow. That's what we want. We will keep our eye on all of that. We thank you for your time this morning Premier Ford. Yeah, if that was Ford, of course it was. Yes, yeah, right. Brother of the other Ford! Speaking of junkies... So erratic Here's Ted Cruz on MTP. Meet the press, come in and check it out. Let me take you to my next question let's turn to Venezuela this deal that President Trump announced on Friday to take control of more than 65 billion barrels of oil there Senator Cruz you have been calling for free and fair elections in Venezuela which the administration has been promising since it arrested Nicolás Maduro do you believe elections should be held in Venezuela before any oil deal is finalized?

26:30 Well, let me start by saying that the oil deal as announced sounds like it could have a very positive impact on the United States and the United States economy, on American jobs. And a very positive impact on gas prices over the long term. 65 billion barrels of oil is an enormous amount of oil! So I commend President Trump for agreement that appears to have a really positive economic benefit for America The question you ask, the answer is absolutely yes. There need to be democratic free elections in Venezuela. Del Ciro Rodriguez was Nicolas Maduro's vice president. Maduro was illegitimate he was a Marxist He had seized power contrary to the will of voters and from the beginning I have been urging and i believe that the administration has working towards this that there should be free and fair elections Before oil deal is finalized? Who the leader should be

27:26 I think that's good, except Cruz. You know if we learned anything from JCD it was that this is bullcrap! The Venezuelan crude is like tar You know, it's not like oh you can just take this to America and boom you put it in your car. It's dirty. Well its thick... Yeah, it has got to be processed. And yeah, no this isn't an obvious ploy for the midterms. Obvious ploy for them to try and I don't think anyone's falling for it, but to reduce the overall price per barrel of oil. That's...I mean and it was our oil to start with! Our company set all that up so it's like no, it sounds like a really big deal but also know from the Oil Baron

CHAPTER 05 / 23 Discussion

Global Oil Geopolitics and Sanctions on Iran and China

The discussion shifts to the Strait of Hormuz and a potential new canal project involving Oman to bypass Iranian influence. Financial analyst Kyle Bass explains how enhanced sanctions aim to strangle Iran's economy by targeting the laundering of Iranian oil money through Chinese RMB and UAE cash houses. The hosts debate whether these moves are structural shifts or short-term political maneuvers.

strait of hormuz· iran· china· kyle bass· sanctions· rmb· oil futures

28:19 that it's going to take $100 billion of investment to really start moving all that stuff. It's not like, you know, it's just done. And then yeah Fox News commented on as well but I think it's pretty to JCDs point it's just another rehash of the same deal and then at the same time I don't know if you saw the breaking news and there's no audio clip for this unfortunately There is talk that they're dredging Yeah, a new canal. In the Strait of Hormuz that we will own with Oman so now you start putting all this together I don't know how you feel about it. The war was obviously a mistake in my mind, with the strategic bombing and cutting things off and not letting them make progress. And now he's got to reverse that with 60 days or 45 days? So this is all about the midterms... I completely disagree because

29:19 Both Venezuela remember it was Venezuela first and Iran You know the oil the the cash flows from the oil people don't understand this money was going somewhere And after you've bought all your homes in London and in Switzerland, you know where was it going well Venezuela drugs Iran Terrorism financing all kinds of nonsense all over the world and You know my opinion is that the Bank of England or really

29:57 The London Financial Centre had been just managing this oil there for 80 years, really going back to the British Petroleum days. And they've always controlled the flow of the oil, the price of the oil and it was time to stop that nonsense so I was actually okay with it and I love hearing our gay general patent Scott Besson saying Well, you know the straighter for moose. You'll be windsurfing there because all the pipelines have uh They're already in place but they were in place but they're all now being expedited to transport a lot more and it's just not going to matter and It won't be ours per se But it will be our quote-unquote new friends Saudi arabia uae, you know uae now No longer in opec so I think that's

30:50 I mean, to me. I'm pretty sure he didn't mean for it to last six months that was that was very short, probably very shortsighted but i don't think he cares Jason. I don't think he cares about the midterms. I don't think he gives a crap about it He wants steel production in America and he wants oil to not be controlled really by anybody as long as we have enough of it for ourselves That's what his plan was Yeah And so He was told by a lot of the cabinet, hey don't do this. Let's just keep doing the strategic bombing thing but he went for it It was a gamble and I think you're correct He thought hey Venezuela took three days What's the max? This could take 30 I can get this done We have the greatest military of all time But he hasn't gotten it done And I think that's going to be the challenge because

31:38 you're going to lose, I think the Republicans are gonna lose this house or maybe the Senate. It's kind of a jump on with the Senate... Maybe they deserve to lose! Maybe? You think starting a war after told everybody you wouldn't that's the problem is now all the people who are as big supporters, I'm just watching them all go, you know what, I didn't want this. I didn't want a war. You told me no war and now you can control inflation because if you start a war Inflation's going to go up. It's going to be permanent, it's going to be persistent and that I think is the big challenge is the two promises he made—I'm gonna not do any wars and I'm gonna control inflation—both of those you can't solve them now. And I think they're unsolvable in his presidency. We'll see 26 months 27 months left again. I don't think he cares

32:27 I really don't. The ultimate goal was he's not getting reelected, he wants to fix something very structural that that's my opinion and now you have this operation economic outcast which means for the first time a Treasury Secretary is going to turn off the money tap for countries essentially taking, you know laundering Iranian oil money to wherever it has to go. I actually got a clip here from... what is this? This is Kyle Bass. I think he might have been on CNBC He was talking about China so how does China react to this

33:08 Yeah, I mean your supposition is correct. China buys almost all of Iran's oil 90% plus it's about 15 percent of what China imports daily for its energy needs and so look the way that this works is the Iranians sell oil to China in RMB and then cash houses in the UAE have been the ones changing the RMB for dollars of They're going to make an example of a bad bank this Friday. So I think you're going to see—Iran only has about 30 million barrels left on the water, these enhanced sanctions will absolutely strangle

34:03 Iran the people that say that they need Iran's cooperation or we're not going to go after China They don't know what they're talking about. I think you're gonna see some real Let's say constriction of our sanctions on Iran and then and then on China Yeah Rem and be somebody else in the troll room. What's our MB? That's the Chinese dollar They said it typically at eight per US dollar and they control it And if you have rem and B, you cannot get it out of the country Chinese citizens allowed to take 50k out But sometimes they get a thumb drive and they put Bitcoin on it or Z cash and they get it out You know this is

CHAPTER 06 / 23 Discussion

Ukraine War Attrition and Taiwan Semiconductor Security

Adam Curry and Jason Calacanis critique the European mindset regarding the ongoing war in Ukraine, noting high casualty rates and the depletion of military resources. They pivot to the strategic importance of Taiwan, discussing reports that semiconductor fabs (TSMC) might be destroyed or evacuated rather than allowed to fall under Chinese control. Calacanis mentions Elon Musk's efforts to build domestic "TerraFabs" to mitigate supply chain risks.

ukraine· russia· taiwan· tsmc· elon musk· semiconductor fabs· kiev

34:46 The thing I'm concerned about is contagion of this war and how long it's going to take. And now China and Russia are looking at this going, hmmm... They can't fight two wars certainly can't fight on three fronts To your point, what is Trump's motivation here? He keeps saying the war is over. He solved it etc. Said he would solve Ukraine and I think people just don't believe him anymore and so...I don't think he's going to get it done. No no no! Ukraine has completely given up on that and selfishly he says everyone has moved up 5% now we'll just sell all the missiles

35:29 and we're making out like bandits. There's no, you can't talk to these people in Europe they're insane the UK Germany the Netherlands France they are nuts! They are in a war mindset that all they care about from what I can see You know, keep going until everyone in Ukraine is dead. There's already no men that just you know they're rousting them on the street if you're walking around I read today the average lifespan of a new recruit on the front lines is like 30 minutes

36:08 And they're dead. They are emptying out the entire country and the Europeans, the people in Europe don't even know there's a war! No one is walking around worried about it. On the other side Putin was supposed to go right to Kiev I think I'm supposed to pronounce no, you got a sake. Yeah come on. Yes. I mean, I don't know Kiev Kiev We say Kiev chicken. I don't know chicken chief. Yeah with us with the cheese in the sauce anyway day We're supposed to roll in there in three days. What happened? His tanks are all rusted and then he's got to go recruit people from North Korea to be on the front lines. You watch too much M5M, Jason. You're watching way too much. I'm getting bad information. The other thing that obviously plays into this is

36:58 China wants Taiwan they want those fabs and this is just gonna involve them in making their move. They're gonna take him, but they're not gonna stop producing This is the thing we are Chinas number one customer They're not going to go to war with us who's gonna buy their junk? It's only us right now So you know we're trying onshore chip fabrication, you know that takes a long time so we'll never catch up to... was it? TSMC. Yeah TSMC We'll never catch up to that but what China's not going to sell the chips to us if they take over Taiwan really? What's gonna happen I mean I have some inside information on this from boots on the ground kind of thing and

37:47 And the plan is to, when they make their move to get all the scientists out there who manage those fabs and those fabs are built by a company in one of the Nordics. Those really refined fabs and then they're going to either burn the fabs or move them out on carriers. Think about that like... are going to burn the bridges. That's the inside line is that they will never let China have those fabs, but you know Elon's building a TerraFab. He's gonna have... That's the real deal by the way it's the real deal how about the data centers in space? Real deal

CHAPTER 07 / 23 Discussion

AI Sovereignty and the Rise of Local Open Source Models

Jason Calacanis argues for "AI sovereignty," urging users to run open-source models locally to avoid data harvesting by companies like OpenAI and Anthropic. He highlights the shift toward Vertical Small Language Models (VSLMs) that can run on consumer hardware like Mac Studios. The conversation also covers the financial intersection of AI and crypto, specifically how stablecoins like Tether and Circle are being used to back U.S. Treasuries.

nvidia· open source ai· anthropic· sam altman· stablecoins· tether· 11 labs

38:26 Yes, but three years out. So here's the thing if you can put those I love that well no he putting the star links up The difference between a Starlink and these new ones is they're a little bigger But they'll be able to communicate between each other And they're gonna be bigger but the new starship is bigger so proportionally They should be able to manage it, but it's like Elon is right about The joke we have is Elon's always right. He's just always late to he's like, whatever he says if he says two years it's four if he says three years and six right? Just he's very ambitious and that's a technique he uses with his team but the thing you'll see before data centers in space as data centers In

39:12 suit in big box retail locations and data centers in planned communities. So imagine you got one of these planned communities in the hill country, and you tell everybody Hey, I'm gonna put a battery pack there you get the battery pack for free. And then you have battery backup for when we lose power here which happens every January for two weeks apparently then they say in the price The only price you gotta pay is we're going to put some h 100 some H 200 some Vera Wang whatever chips in that battery and then connect them by fiber or whatever, and you distribute it like that. And then take big box stores your Walmarts your Target's I think that's fantastic tons of energy. I think is fantastic because when all this stuff crumbles we'll all be mining Bitcoin at home is going to be great. You know? I have a question for you because okay here we go

40:04 The president had his crypto summit which in essence was meant to tell everybody, hey we need the Clarity Act so we can finally get those stable coins out there. So we can tokenize the United States debt but there was something in here and I had not heard this before and they heard it again just two days ago. It's at the end of... Actually I'll speed this up a little bit here of And they'll be here in two weeks. Now listen to this. In May, Chairman Selig authorized the first ever TrueBitcoin perpetual futures contract on a CFTC registered exchange for the first time. I understand that

41:06 that Mike is also working to bring hyper liquid into the United States in a fully compliant and legal fashion. So I heard, i'm like hyper liquid what is this? And I heard it again just a couple days ago and so I take a look at it And I had to learn what perps were. Are you familiar with perps? I don't know perps, I mean I know all about stablecoins and Tether and USDC... So perps is perpetuity so there's these exchanges Hyperliquid is I think run out of Singapore by some Harvard kid and You can trade it's a bit like What's the

41:52 The gambling market sites. Oh, like you're talking about Cal-She and PolyMarket? It's a bit like prediction markets only you're trading futures that never expire so but there's 15 billion dollars a day being traded on this hyper liquid in oil futures. No one gets delivery of the oil, either win or you lose basically. It's like sports gambling. You're gambling on the price of oil in the future. Yeah but it's because it's a 24-7 exchange, it's setting the price

42:30 That's why Trump wants it in the US, you know regulated which I doubt will ever happen because they're setting the price and then that you know when the When the markets open Monday morning people like well this is the price. Yeah This is a very different world we're going into I don't think people realize that these perps as they're called This is a big deal that is just not well understood or being discussed Yeah, and the stable coins are the other kind of big part of the story. You know they have always been offshore and they would keep like Tether if you look into that company offshore very strange holdings in it. They're supposed to hold dollar for dollar and what Trump did that was very smart

43:13 I always try to give him credit for when he does something correctly. The stable coins, getting those to be backed dollar-for-dollar with our treasuries? That was... I think it's genius. It's pure genius because now he can say, hey listen Tether if you want to work in America Instead of buying Chinese paper, they were buying Chinese real estate paper. According to all these reports they couldn't do an audit because they had taken like... They would fail! They would fail basically And then they said, okay well Circle run by Jeremy Allaire who you probably have known through like three or four internet companies. Yeah what was his previous company? I'm trying to remember the other two there was one that was the video serving company and the one before that was ColdFusion web publishing.

44:02 We're going real old school here. Cold fusion, that was right after Frontpage got bought by Microsoft? Yes. This is back when... Cold fusion! Wow! This is back when Adam was a billionaire for making websites for corporations on paper. That didn't happen on paper yeah Can you imagine like people at that time were like we'll give you four million dollars to build our website and now you can just talk to any... But with $75,000 a month in maintenance Yes, the maintenance. We're going to keep your server up and running the HTML is gonna be so crisp. And we'll give you a server log and we'll calculate the hits and will tell you you're doing great. Absolutely yeah yes big pat on the back it's gonna change everything but now you can get Squarespace or you can do it with Wix

44:48 Wix, for $6 a month. Same website? Better website arguably and so this stablecoin is now making people buy treasuries dollar-for-dollar and that is just such a masterstroke but that's all part of it. And that's what this long-term paper buying is all about because Besant takes the 30 years off the market and then he's putting these T bills up which for Wall Street are cash 90 days and that who was gonna buy that it's gonna be those guys. Yeah, it's gonna be tethered in circle Yeah, and so it's just another way to kick the can down the road with our... Oh yeah. It's for our great-grandkids! With our debt. No no no it's not going to work long term but for now it's a pretty good idea that what other choice do we think? Well of course there are tariffs and this is

CHAPTER 08 / 23 Discussion

Trump's Tariff Strategy and the Deportation of Milo Yiannopoulos

The hosts examine President Trump's use of historical tariff playbooks from the McKinley era to address national debt. This leads to a discussion on the arrest and deportation of right-wing commentator Milo Yiannopoulos for overstaying his visa. Calacanis supports the move as a matter of legal consistency, arguing that the immigration system must be enforced strictly to maintain public trust while still recruiting global talent.

donald trump· tariffs· milo yiannopoulos· ice· immigration· h1b visas

45:38 The president has such a hard-on for the U.S.. He loves tariffs! And it's interesting because, you know he had those initial tariffs when he kind of under some emergency declaration thing but he's pulling out tariffs that have been on the books since 1929 1940 1890s all perfectly legal And with good reason, he truly believes and this is best in two that with tariffs they can grow We can grow our way out of our debt and we won't even pay income tax anymore. So it's a great idea, and this is... Poorly executed! That's the problem. This is what the deal with Canada because I was trying to figure out what is the problem? You know, I actually have a… What's her name? The woman who

46:31 Who is now the advisor to Ukraine? But I caught this clip from I don't know where it was from but this is this explains why You know the final straw that broke the camel's back with a Canada trade deal and now we're going to really squeeze the IRGC here And cut off cut the blood flow off to the tumor Wow Well, as we've seen in Sub-Saharan Africa all it takes is some warlords with a little money just to keep the chaos going. In the meantime you have President Trump suggesting that reportedly he may do another round of tariffs on China up to 7.5% all ahead of Xi Jinping's meeting, how crucial is this meeting? And especially given the fact that we just saw trade talks with Canada high level didn't go anywhere in fact it made things worse not better

47:23 Yeah, look on Canada. Canada just wants to keep its right to tranship China Chinese goods into America They make a lot of money on those trans shipments so Canada's got to get us act together There it is Canada Canada was just passing you know like oh We'll take the stuff and you won't have to pay any tariffs because we got low tariffs with America And will just sell that stuff in through us That's what was going on yeah Yeah, he had the right idea. But the chaotic execution of the tariffs then led to them being you know some portion of them being overturned it's kind of like the immigration stuff not to pivot the discussion but you know closing the border everybody wanted that chasing people down in the streets with masked men with no badges people didn't want that you have to execute these things correctly and

48:09 And that's always the challenge with Trump is like the chaotic execution or having people who are just not qualified, or it's not good at executing. Right? You hire somebody for loyalty and they're not good at executing. They close the border perfectly. He's got to do the other pieces he's working on the marketing. He's working on making it not just about brown people And good evening. We begin with that breaking news late today, the Department of Homeland Security arresting right wing commentator Milo Yiannopoulos This was so awesome. So great! The 41 year old and early supporter of President Trump's 2016 campaign is now in ICE custody DHS releasing this photo of him and that quote calling him a legal alien who chose to overstay his welcome. Yiannopoulos who has backed president trump's broader immigration crackdown

48:58 also recently broke with the president, posting on X that Trump had quote lost his way. Chief White House correspondent anyway I just thought that was I thought that was that was killing me that was on my docket as well i knew milo yiannopoulos because we're both greek alicanes yiannopoulos when he was a legit journalist in the UK and he got into the blogging thing. He saw what I was doing at Weblogs Inc, he saw what Nick Denton was doing... Yeah didn't you have a tech blog or something? Yeah and he started his own little blog network hired a couple of our bloggers then didn't pay them according to them who knows it's 20 years ago but then he comes and does this whole Trump thing he calls The Trump

49:36 win early, he got on that train early. But then he's been for the last couple of years just talking about like that he wants to masturbate to people being deported and then they literally pick him up at the airport but I gotta be honest you know here yeah and uh i have a nuanced view of immigration. Number one, you got to close the border Okay? I think we all agree on that not nuance there 90% agreement. I think you gotta have like a path for amnesty for people who've been here for 20 years because frankly, we waive them into get cheap labor and it's like not their fault that we use them for 20 years then there's this other piece which is just people cheating and Milo was basically cheating And if he's cheating and he's hearing its its expired visa or whatever

50:22 And they pick you up at the airport. Well, number one, you went to the airport with an expired visa, you're supposed to get picked up and kicked out if you go to Japan, if you go to Saudi, or if you go to Dubai, you go any of these places London I think today not previously, and you have an expired visa there's no discussion you get back on the plane they send you home that's how it's supposed to work and you You have to do this properly again execution matters so that you can actually recruit the the top talent around the world to come become Americans. And if you can get the top talent here, every time we recruit somebody on the level of a CEO and incredible talent, the other country loses them and then those people pay massive taxes they create tons of jobs but the H1B visa and Milo overstaying his welcome though that's the abuse of the system that I saw firsthand

51:17 And it's so abusive that then it makes every American think, okay we just got to be like shut off every type of immigration. And you actually want to keep the scientists who come here to get their PhDs not send them home. You want to keep them here have them start families here and force them to assimilate and become part of the melting pot. That's the best strategy but Trump can't do that because everybody thinks it's chaotic I was actually glad to see me Milo get picked up because he's breaking the rules and there's other people who are not breaking the rules, and that's profoundly unfair So when you're going into politics Jay cow? That's the only thing you haven't done yet brother Here's so I think this was Joe Kernan on CNBC. I hope this is the clip cuz he was he was hilarious Oh, he's I love that guy So he has Christia Freeland on who she

52:09 she was the finance minister, wasn't she the lady that was arresting the truckers? Taking their bitcoin away and closing their bank accounts. So yeah so she's now an unpaid consultant to Ukraine. Canada's retaliatory tariffs on the US are set to take effect on September 8th joining us now Christa Freeland our old friend uh canada's former deputy prime minister and minister of finance she's currently the CEO of the Rhodes Trust, and this October she's out with a new book, Unreliable Boyfriend. An insider's view of dealing with a chaotic superpower, plutocrats and other complicated... of the Canadian economy too in China and everything else but do you know what happened when the talks broke down because President Trump seemed to sort of admit

CHAPTER 09 / 23 Discussion

Canada-US Trade Tensions and the McKinley Tariff Playbook

Former Canadian Finance Minister Christia Freeland discusses the breakdown of trade talks with the U.S., citing "extreme demands" regarding Canadian sovereignty. Media clips compare Trump's aggressive trade stance to the 1890 McKinley tariffs, which were intended to pressure Canada toward annexation. Data is presented showing Canada's GDP growth lagging significantly behind other OECD nations.

christia freeland· canada· oecd· tariffs· william mckinley· gdp growth

51:17 And it's so abusive that then it makes every American think, okay we just got to be like shut off every type of immigration. And you actually want to keep the scientists who come here to get their PhDs not send them home. You want to keep them here have them start families here and force them to assimilate and become part of the melting pot. That's the best strategy but Trump can't do that because everybody thinks it's chaotic I was actually glad to see me Milo get picked up because he's breaking the rules and there's other people who are not breaking the rules, and that's profoundly unfair So when you're going into politics Jay cow? That's the only thing you haven't done yet brother Here's so I think this was Joe Kernan on CNBC. I hope this is the clip cuz he was he was hilarious Oh, he's I love that guy So he has Christia Freeland on who she

52:09 she was the finance minister, wasn't she the lady that was arresting the truckers? Taking their bitcoin away and closing their bank accounts. So yeah so she's now an unpaid consultant to Ukraine. Canada's retaliatory tariffs on the US are set to take effect on September 8th joining us now Christa Freeland our old friend uh canada's former deputy prime minister and minister of finance she's currently the CEO of the Rhodes Trust, and this October she's out with a new book, Unreliable Boyfriend. An insider's view of dealing with a chaotic superpower, plutocrats and other complicated... of the Canadian economy too in China and everything else but do you know what happened when the talks broke down because President Trump seemed to sort of admit

52:57 that he made some last minute demands that kind of scuttled the deal. Do you know what actually went on? I think, great to be with you Joe. And I think that Prime Minister Carney has been really clear about what happened. You know as he put it the US asked too much and gave too little and he said that at the last minute extreme demands emerged touching on Canadian sovereignty touching on cultural protection which is important in general and particularly important for Quebec and for francophone Canadians.

53:39 So and you know, the thing that's the part I didn't really understand. You know, I heard yeah mentioned what did he say? Like y'all got to speak English or what was the problem with this? With a friend is a stand up comic. He's like he's he's up there with Chappelle. He knows how to break balls like better than anybody and he's like Yeah, you know we'll just take um, you know one of your provinces will make it part of the United States. I think the expansionism of the United States is actually, again back to like execution and ideas. It's actually one of his great ideas if Venezuela became part of the United States sounds crazy Puerto Rico Cuba Greenland whatever they are if people want to join the US If we in fact do have the best system why shouldn't we be inviting people to join it and get a 51st 52nd state in here? Obviously it's super polarizing and complicated but I like when he's in that mode

54:33 But I don't know what his goal is with Canada here if he's just, you know trolling them and he's doing it for the lulz. It feels like he's just breaking their chops and its entertaining for him. Well so, Kiernan had some more stuff to say which I thought was interesting. Touching on cultural protection which is important in general and particularly important for Quebec and Francophone Canadians So, and you know the thing I really want to say Joe is there are so many problems in the world. China is a real problem. I'm just back from Ukraine late last night Russia is a huge problem Iran is a huge problem at a time when dictatorships are on the march it is absolutely nuts

55:20 for the United States to be picking a fight with a country that has always been its really good friend. And we currently have a trade deal that Canada negotiated, I was the lead negotiator with Donald Trump himself! I think this is the last thing America needs it's the last thing the world needs and i think it's a real shame Now listen to this because what Karnan about to say here It's really the last thing Canada needs GDP growth in Canada over the last 10 years, you're dead last basically with OECD countries. You're at 0.5%. The United States was 20.7%, I think we can look at this and it's not just the last ten years

56:02 The OECD is not going to get any better. It's going to get much worse between 2020 and 2030, you're dead last projected to be out of the OECDs 38 members tied with Italy at 46% below the OECD average, and then the next 30 years after that dead last again. What went wrong? I mean you know the inner workings of Canada's it regulation is a permitting is it high taxes is it... The Canadian people deserve to have a better standard of living It shouldn't be going down over 10 year period

56:39 So before answering that question, which I want to do. Yeah, I just want to pick up on something you said about China Okay, so she's just gonna distract from the question But then there's you know these tariffs You know the president is all he's like he loves McKinley President McKinley He was the man he understood tariffs He got, I think he got shot assassinated. But McKinley, McKinley, McKinley and then i find this little ditty of a clip which when I hear this like holy crap Trump is just replaying an old playbook There's been a slow, steady deterioration of relations between Canada and the United States. And what a week has gone by in bilateral relations This guy is a loser He's gonna be a loser Changing the name of Lake Ontario effective immediately to Lake America

57:28 I don't feel that he is the right person for the job. This is a man on the street, this from global news so typical you know very easy to pull these clips and only slant it one way but then they come in with a bit of history about McKinney as far as president goes It's disappointing actually because it didn't used to be that way It's and it's changed. Well, we've had tough times with the United States before obviously they have invaded us twice but we're talking you know over 200 years in the past so we're not at that but as with so much in life and politics history can tend to repeat itself probably the best example would be in 1890 when the McKinley tariffs came in these were his

58:10 high is 50% so very similar to what we're seeing now because they wanted to annex Canada and make it the 45th state. Where have I heard that before? He's running the McKinley playbook! Those tariffs sent prices sky-high in the states while Canada sought other trading partners Then US tariffs happened again in 1930 and they worsened the effects of the Great Depression for both sides. Yeah, the timing is very critical when you want to do these tariffs and it might be that the timing is the worst possible case And this is where we get into your wheelhouse because I really enjoy The All In Pod I think...I can't believe I called it that

CHAPTER 10 / 23 Discussion

Technical Deep Dive into Local AI and Hardware

Jason Calacanis details his transition from paid AI services like 11 Labs to running unmetered open-source models at home. He explains the technical advantages of high-RAM hardware for running small language models (SLMs) and predicts that AI will soon be integrated into everyday devices like watches. The discussion emphasizes the cost-saving and privacy benefits of moving away from frontier models.

mac studio· bit-tensor· slm· 11 labs· open source· gpu· ai sovereignty

58:53 I hate the word pod and I think it should be banned. And you guys say it all the time on The Pod, On The Pod, On The Pod... It's a podcast but first of all your big fans of artificial intelligence but I think your calling it correctly with what Anthropic and OpenAI are trying to do by basically psy-opping dumb government people. Yes, and regulatory capture. Yeah into this so that we can't run our open source models anymore because it might be dangerous and it might get loose and it might attack somebody. About two years ago on The Pod I said, I think there's a chance... On The Pod! On the pod! Clubbing at you everybody Adam Curry in the morning

59:47 Oh God, you're making me break into my Adam Curry impersonation. That's okay! You go for it I get stuck in it if I get stuck in it I can't get out of just letting you know fair warning It's okay Jason, I can do you too no problem You could give me the list and take our Q&A tomorrow Alright coming at ya is Adam Curry who was on the playdate to Moscow. There was so much cocaine, piled it all the way to the back. Never doing the cocaine in MTV VJ days. Come at you. Nah she is a problem calicaner. She thinks she's got a good impersonation of us. That was my head for G Robinson.

1:00:28 JZDRIP. But here's the thing, I said like two years ago, I think open source could run away with this because I had gotten some of these early open source models and ran them locally. It's not that hard to do, it got easier and easier and once you start experiencing it local on your machine, you start getting 128 gigs or 256 gigs on a Mac Studio whatever it is, you realize I can become unmetered unmetered. It's the same experience you and I had when you got an ISDN line or a T1, no more dial up, no $3 an hour, no $5 an hour where you're watching the clock. When you are not watching the meter your behavior changes and then you start really using these tools. And then I realized like, I got a harness, I started playing with Hermes, OpenClaw all these different harnesses etc., and somebody sent me like a BitTensor

1:01:26 API key for them running za eyes glm five to and they said here jake out this is running across like a network of almost like Bitcoin servers. And I just had it running jobs doing research for the pods and everything blah, blah, blah sorry podcast put a nickel in the jar. So I was like wait a second you can control your destiny. You don't have to take all of your intelligence from your business, your life and give it to Anthropic and give it to Sam Wallman and give it to Dario. There's like two reasons to move to local to move to open source one AI sovereignty

1:02:05 They're taking all your knowledge and reinforcement learning it into their system, even though they say they're not. It's BS. They're taking the outputs to testing it. I don't believe them nor should you. And the same thing now if you can start using these open source models and they were what would you say 18 months 12 months behind the frontier models? Now there are three six months maybe okay sure And so you and I know this like six months behind means, I would say right now 90% of the work I do can be done by open source. And the last 10%, that I would use fable for one of these things? Okay, sure, you know, maybe I'll do it if I absolutely have to. But you can just get yourself completely off of this. And this is where those two companies specifically when they go public, I've been talking to some of their customers

1:02:52 I had like 11 labs. Interviewed the CEO of 11 labs, which- Oh, I got off of 11 labs! I was paying 300 bucks a month and now running it at home unmetered for free Exactly. So now you're unmetered, it's free and then they were looking at their business going the reason they have to charge a 300 is because they would giving 250 of it to Claude Anthropic or OpenAI. Yeah. So what they started doing is 11 labs some of these legal companies Legora I think is the name of it and what's the other one? Lovable which is like vibe coding kind of software for people who are not developers

1:03:30 Those companies are now forking open source and then building their own verticalized models. So you're going to hear about verticalize SLMs, verticalized small language models just models that can run on your laptop. You get these new MacBooks, you get these ones with 128, you got a MacStudio at 256, you spend six $7000 which is by the way half of what we used to spend in the 80's on computers if you were to adjust them for inflation And then these VSMLs are going to be so powerful and free. It'll run on my watch, Jason! Just put it on my wristwatch. It's a joke but this is I think the new CEO of Apple... He's figured it out with... But let me before we go down because I don't want to be too technical. Down the rabbit hole. Okay

CHAPTER 11 / 23 Discussion

Political Incompetence Regarding AI Regulation

The hosts play clips from a primary debate between Senator Ed Markey and Congressman Seth Moulton, highlighting their lack of technical understanding of AI platforms. Markey's inability to distinguish between different AI tools while calling for strict regulation is criticized as a move toward government-mandated censorship and tracking. Calacanis argues that AI is a tool for human empowerment that politicians seek to control under the guise of "protecting families."

ed markey· seth moulton· ai regulation· big tech· privacy· censorship

1:04:18 So here's the problem. Okay In every corporate, I have a lot of dude named Ben friends through the show but some of them are actual friend friends and you know they do IT they do support even desktop support and They are at vomit scale Of people coming up to them and saying hey Can't I just throw this into fill in the blank, chat GPT etc. How come my spreadsheet didn't output all the right numbers? There is such a lack of knowledge about what these chat bots are versus what we're talking about right now and add to that

1:05:05 It's so crazy what is happening where you've got the marketing of these money-burning companies saying, oh it's so dangerous we can't give it to you. We need regulation that's so dangerous which is clearly just put a moat around their stuff and people are hating it! They hate their stuff! I don't even see how this moves forward at this point, except with somehow everything's just got to burn down to the ground because it's not working. It's absolutely not working except for burning up money and then on top of all that—and maybe you can confirm this is true—that Nvidia are they really buying Hugging Face?

1:05:49 Yeah, they're buying Hugging Face. They also do a deal with... So they have the full stack so they don't need anybody else? Correct! Here's what's gonna happen. I can give you the inside baseball. Sam Altman did this deal with Nvidia right and NVIDIA was going to put- Do you know him personally he seems like a real sleazeball Okay, I know Sam for when he was doing his first startup looped which was like a mobile local thing Yeah Which was kind of like four square you check into place and then I knew him because we were both scouts for the same venture capital firm Sequoia Capital And I've known him for a long time. He is the dealmaker's deal maker, he is the only person who ever screwed Elon Musk. He was the only person who got over on him by getting to donate 50 million to form OpenAI. There are some women that would disagree with you but okay... I digress. Everybody goes through divorces and I think it probably cost him a little bit more with Sam Waltman divorce

1:06:49 The, Sam is just like a Bill Gates or Zuckerberg type entrepreneur. In other words he has no problem screwing a partner to get ahead that's what they've done and the great irony of open source is when open source came out in the early 2000s started to hit enterprises everybody said well the enterprises will never trust this because it's not controlled by anybody and it's not supported. And then magically people emerged who would support it for you host it for you And they would report, enterprises would say actually we don't want to be locked into Oracle. We don't want to be locked into Microsoft. We want to have some freedom here so that's actually a better way to do it is to use an open source and pair it with some support. They also bought this poolside, Aqua hired them at NVIDIA

1:07:36 What they're gonna do you're exactly correct. They're gonna put a bunch of Nvidia compute on Iraq They're gonna roll it into your facility and say here's your AI open source pick whichever platform you want We've got Nemo Tron we've got this one. We have that one But They're going all in on it. And now they're going to compete with those two frontier models. The truth is, you use it for software and it's pretty dynamite for building software and building systems. If only if only if you know what the outcome is supposed to be

1:08:13 Yes, you still have to be a systems thinker. Yeah, yeah you do now let me just Show you what our pop this and get back to some media deconstruction here yes of course who are? politicians this is Ed Markey, I think this was a primary debate. This is the level that our politicians are speaking at. Senator Markey do you personally use AI platforms like CLAWD or chat GPT in your work? I use whatever is inside of my iPhone and my iPad whatever comes up I don't know what companies my iPad might be using, but if it does in fact provide me with the information which... He doesn't even know how to answer the question. No he doesn't no. I'm asking the device to give it to him and of course I am using it. Congressman Moulton?

1:09:08 Yes, I use AI. We're very careful about how to use it—to use it honestly and effectively but these are tools that can help but they're also tools that need protection And with all due respect, Senator if you don't even know what you're using on your phone or iPad like this is why we need a new generation of leaders to regulate these technologies. To make sure that they are safe for families. That's what I'm saying! Here comes the regulation! Gotta control it! Gotta control the internet! called Siri or it's called Claude. It doesn't make any difference. We need to put safe guards around it and that is what my legislation is accomplishing, and again on this issue like so many others Congressman Moulton is making up his record and his concerns right now I have been the leader on these issues especially on AI because

1:10:05 We absolutely cannot have a 21st century without the safeguards which families need. Families, children next! Get ready! Ding ding ding! Here come the children! And I in no way will allow Congressman Carlson Moulton to to denigrate the work that I have done for year after year to protect kids, to protect families in our country. Senator, with due respect how are we going to effectively regulate and keep big tech accountable if you can't even tell the difference between big tech programs which do take very different approaches to privacy and safety? This guy doesn't know what he's talking about either. The bad ones are out of business

1:10:43 And the good ones are actually creating jobs and making cures for cancer and other things for our future. Cures for cancer? Jobs, jobs, jobs! You are tired Adam where's the ding-ding-ding bell? Where is that jobs karma?! I mean, this is where they go. Politicians that if they are scared by something that's empowering people to be free whether it's you being able to control your ranch or water your energy You know second amendment whatever it is here in Texas, you know that we protect for your personal freedoms and not being reliant on the government They're gonna try to take it from me They tried to take the internet from you your anonymity your privacy They're gonna try to take AI

1:11:28 I'm not going to do that. you know, social security numbers in now they want to protect the children. Okay reasonable we don't want to protect kids We get it but they want the anonymous internet and you to be tracked on the internet and they want to track and control AI And that the truth is a AI is a tool and it makes you superhuman if you know how to use it You become

CHAPTER 12 / 23 Discussion

The Origins of the John C. Dvorak Impersonation

Jason Calacanis reveals that his long-running impersonation of John C. Dvorak was actually based on the actor Edward G. Robinson's "Little Caesar" persona. He recounts how the bit started on "This Week in Tech" to annoy Dvorak and how Dave Chappelle's own Robinson impression influenced the performance. Curry and Calacanis reminisce about Dvorak's reaction to the "gangster" portrayal of his curmudgeonly personality.

john c. dvorak· edward g. robinson· dave chappelle· this week in tech· leo laporte

1:12:12 You can get three, four, five six times as much work done if you know how to use these tools. I agree. It's as simple as that. My clips are cut by my model 100% today when i was doing the 3x3. Now it took you forever! It was very slow. Okay well it's my first time come on did I do as well as JCD naming them at least? I had a naming convention I've heard you admonish JCB for a decade. I do miss that, I do miss his misfellings it was ever good. Just pick the second one! It's the second one come on Adam. Now everybody wants to know just to be a little light-hearted here very serious everybody wants to know where did the impersonation

1:12:58 of John C. Devorah came from, it came from Edward G Robinson I used to watch these like old films play the clips Is that true? Is that true? That's where I... well I was like John is a curmudgeon who else is a curmudgeon who's always talking like ah Shane I'm pissed off for whatever reason about everything and so I just was like oh yeah Edward G Robinson was the guy who played all the gangsters Little Caesar all these kind of movies and he would be the guy who would say as a gangster Shane! Shane! And when I started doing that on This Week in Tech, Leo Laporte would just be like, oh god please don't torture John. And I would sometimes be on with him and then I was just lean into it and it pissed John off! Let me listen to this. Find the Edward G Robinson She from Little Caesar, she? It's named correctly. Yeah, she. Arnie you oughta have better sense than a couple of outside yaps especially bad shots

1:13:59 Come on, what is it? Let's have it! Ernie... You're through. You're through, Shane. I don't even know what came from there. That's where it came... And John to his credit immediately said, It's a terrible imitation J Kyle because what you're doing is Edward G Robertson and i can see through it! But I had seen Chappelle in his early years. It all just like hit me like John is some gangster who just breaks people's balls about their latest product tells them it's terrible

1:14:36 And you pointed this out when you went to his funeral or memorial, whatever it was that he kind of pushed the world to get better. I had seen Chopin... just thinking back to it like when I would do This Week in Tech And I was always like, wow man someday I'm going to be on This Week in Tech with you or Dvorak or whoever. Or Leo and I got to come on a couple times but I'd seen Chappelle doing a send up to it. You can play this Chappelle clip of him doing Edward G Robinson. Sometimes I'll talk crazy just to make myself feel better. You ever do that? Just start talking like crazy. Have you ever heard his voice? That's how bad guys used to talk in the 40s

1:15:22 In the old days. See I talk like that, not all the time but if somebody put the pressure on me fuck it i gotta cut loose. If police pull over I'll talk crazy. Son? Do you know why we pulled you over? Nah, because I'm black see that's right. That was the... and then Sean was brutal to me back. How do they know Adam and Sean Black did everything? Stop talking like that! Stop talking like Wackhabber! That's a good point because i would be doing it to him and then he would get me because at times

1:16:01 At times, maybe I have a little bit of a lisp. You've gotten rid of that? Okay well but in the early days i was nervous on air and he would go... And he's going bald! I'm like brother you're talking about me going bald John I've had a comb over since 1987, come on. It was so great but when you guys were breaking my chops on the show, I always loved it, I hit rewind let me hear it one more time. You know, I miss JCD he was so great such a classic. Let's talk about this because again the media is so poorly informed and they're just lapping everything up them the meta lawsuit

CHAPTER 13 / 23 Discussion

Meta's $18 Billion Settlement and Social Media Addiction

A news report details Meta's $18 billion settlement with 30 U.S. states over the harmful effects of Instagram on minors. Calacanis explains the "gamification" techniques used by companies like Zynga and Facebook to create slot-machine-style addiction in children. The hosts warn that these legal settlements are being used as a pretext to implement mandatory digital IDs and eliminate online anonymity.

meta· mark zuckerberg· instagram· digital id· gamification· zynga· anonymity

1:16:46 which was settled. Here's a clip. Now 30 US states brought the case against Meta and said that it had misled the public about the harms that its platforms Instagram and Facebook posed to younger users we were only in week two of the trial when news of the settlement dropped on Wednesday until Meta has agreed with the States to pay up to $18 billion in damages. Now, what's really interesting about the case though is that Meta has said it will only pay 70% of that settlement so that's a 12.7 billion dollars now the remaining 30 percent 5.3 billion dollars they said they will only release it on the condition that its rivals YouTube and TikTok also make changes to their platforms

1:17:31 Now, META has said that some of the key changes it will be making include a two-hour daily usage limit, night time blocks ability to turn off autoplaying content disabling extreme makeup filters and this is all for users under the age of 18. But overall the state attorney generals are calling this one of the largest consumer settlement cases in history so their impacts will be far reaching So this, what I think they're all missing because you know they go through this list of concessions they're going to make for the children. This can only lead to digital ID that you'll have to identify yourself to be on the platforms and that's ultimately I think what every these all these guys love They all want that not the tech companies but the AGs and the politicians They want to get rid of anonymity

1:18:25 Yes, because you can't criticize them or you can't leak documents about them and their crimes etc. online, and they would love love to get rid of encryption. And they would love to get rid of anonymity. And they've done a great job with it already. I mean, they can follow you around, you have to take really, you know, acute steps to maintain your privacy is still possible. But this is very reminiscent of the of what happened with the tobacco company. So two things can be true at the same time the politicians really want to control social media because they don't want criticism. They want to track you down if you leak a document, etc. On the other side...

1:19:06 Instagram knew for many years that this stuff was super addicting, that kids really shouldn't be on it. They engineered it that way? Exactly! They literally when I came into the industry and started investing which was about 12 years ago there was something called gamification and all the video game people had studied levels like you know when you're in martial arts you go up levels if you're in Scientology they have levels you pay you get to the next level yada yada And all those devices and mechanisms, my friend who created FarmVille... Mark Pincus had studied all those. Wait, that's the guy who later did... what? Is Pinterest his as well? No he didn't do Pinterest no Pinkis did Zynga which was Farmville Zynga and which was named after his dog who had a wonderful dog named Zyga used to play with my dog anyway it's good friend of mine He studied this stuff over and over again then Zuckerberg studied it And they just said how do you get people addicted Well

1:20:03 I have more likes than you and we're both 12 year old girls, it's just going to turn into a little bit of a slot machine or race. So they knew that. And they didn't do anything about it. And then they knew, hey, we got to get them addicted from somewhere between 10 years old and 14 years old. And if we do that, will have them for life, they'll never give up their account. So then it became a generational chase to do that. And then you have things happen like adults who are addicted to these social networks. you know, two things true at the same time. The government wants to get everybody to sign up use their social security number and then track you and track everything you do and who do you follow? And then at the same time these guys knew they got caught with our hand in the cookie jar here's that here's a good news for them it's like 1% or it's like 10% of their cash on hand is like one percent of their market capital less so this is like

1:20:59 Some judge is like, oh my God I got 16 billion. It's the biggest thing ever and it's like bro are you paying attention to how much this company is worth? This is giving you or I a $2 speeding ticket for going 150 miles an hour. Meanwhile the true addicts are adults. Yes! For sure, for sure. The adults that means- I'm addicted. I am not. I gotta get off of him. How'd you get off? Were you addicted for a bit? Never Never never now I can slip into it. I can see him into it Let's say It doesn't happen often, but I'll just sit on the couch and here's how it happens. I only look at X for my mentions because that's where people tag me there's a story or something going on increasingly they're just like you suck! You know? There's a lot of that. Just stop the show it's not the same. This guy was... whatever

1:22:00 But then there'll be a video and I watch the video, and I'm looking at the video. And then the videos over it goes to next video Yep, and they're like how much time do I have? And then before I know it, it's 15 minutes and then I realize okay now I see what is happening because now I'm into sovereign citizens refusing to show their driver's license. Yes! And new mosques being put up in hell country. All of that but so... I recognize that, but no. I'm not but i see everybody around me is every everybody and it is the poorest way to get information you worst every link to a story

1:22:44 paywall so you only read the headline and one paragraph. Worse people... it gets in my craw. Fake accounts! Okay, but when people screenshot something like what good is that to me? I can't even go and find the story if i wanted to So everything and then it's extrapolations of people giving you their version of it. You know, there's no real research being done It's junk is just junk which I think has always been slop. Well There's a lot of there's a lot of slop now but I think that was always kind of this success of of what John and I were doing is, you know we would dive into it. Now not all the time because it's hard to get that nugget and figure it out but I would go and read the documents man! I know their agenda...I know exactly what The Globalists are doing! Yeah You know so And its often quite For instance okay So this beef thing

CHAPTER 14 / 23 Discussion

Trump's Beef Import Proclamation and the Meat Processing Cartel

President Trump's plan to import 300,000 metric tons of ground beef to lower prices is analyzed as a midterm strategy. Adam Curry, who operates a ranch, explains the "duopoly" of the meat processing industry dominated by companies like JBS and Tyson. He critiques the lack of skilled butchers and the regulatory hurdles that prevent local ranchers from processing their own meat for commercial sale.

beef prices· argentina· glenn beck· meat cartel· jbs· tyson· prime act

1:23:44 There's a couple of things and I'm like, because you know, I talked to Texas Slim and I've been looking at cattle and ranching for going on five years. And so the first thing is the president comes out and says, okay 300 thousand metric tons. Metric tons? Time 2000 pounds? That would be US tons with metric times of ground beef now Ground beef from where? Well thank you first of all that would be if you cut up every piece of the cow that will be 1.2 million cows

1:24:27 , This set off a firestorm of criticism, especially in the Republican Party. So Senator John Barrasso, the number two Republican in the Senate said Americans want U.S. beef on the table not foreign imports. Senator Tom Cotton of Arkansas called this action ill-advised others and very competitive Senate races like Congresswoman Ashley Henson say that this is just a flat out bad

1:25:06 idea. Now notably the administration is not saying where this beef is coming from, the president did not identify any countries in his proclamation and notably the agriculture secretary whose job it is to oversee farming and food safety said that she wasn't privy to that information." Yeah because there is no deal there's no contract but... The cattle futures tanked right away Perfect. So the president got all midterms affordability, okay? You're it's cheaper now and of course immediately you see the memes is going to be poisoned beef from Argentina And just as a small aside if people really understood our great American beef

1:25:48 It certainly for Texas. Goes to New York, Los Angeles, Las Vegas, Beijing... Maybe Japan is as good. It goes to the Michelin star restaurants and we are already getting crap that's driven up from Argentina from South America and they by the time it gets to in Texas H-E-B it says USDA certified prime American beef because you know It's been in the country. It's processed here." So then, and I think this was a setup Glenn Beck with the president

1:26:26 And because I know a lot, we buy our beef from K&C Cattle hometown meats. They have a small owner operated processing plant on premises. That's the way to do it! That's the way to do it and you know they actually process beef for ranchers in San Antonio all over the place But this is how it went down with Glenn Beck and the president. And I'm telling you, this was a midterm psy-op set up and I think Beck was in on it. And the prices are coming down very rapidly and now beef is starting to come down that, you know, the meats... The beef has started to come down Yeah because I told everybody to import it but prices have come down very substantially Very, very, um, very substantially

1:27:17 I have to tell you Mr. President, I didn't plan on talking about this and we bullcrap I didn't plan on talking about that I didn't plan on this all of sudden it just came up get into it at later date but please please when it comes to beef Please look at the cartel that is the meat processing Cartel now. This is absolutely true, but it's not a monopoly It's a duopoly and they are not owned by Americans and the ranchers have become very competitive complacent, it's like yeah you know I got these cows. I throw in $1400 worth of honey nut Cheerios. I take them to the processor and they give me 1800-2000 dollars rinse and repeat but okay that is definitely a cartel and they're no good and they suck and that should be broken up and this is the setup for that and more. I mean that is...I run a ranch so I know what its like

1:28:14 and I'm telling you. Meaning, the Glen Beck ghost puts the Cheerios in takes it to JBS or whatever and has them processed? It is processing plants there's four of them and i think two of them are not even American its bad! I believe they're colluding with each other. And the farmers haven't done it because they're smart as hell, i'm surprised because that's been going on a long time Glenn long before I got here help us Help us It's so we can't we can't butcher with all of the federal regulations. It is really hard You know if there's something you can do to help Glenn Is that just a question of regulation?

1:28:54 Do you think? A lot of it is. These guys don't even know, they're just talking. The inspections are insane! Now okay so first of all it's not federal its state and Texas is quite good about that Yeah. And, you know it depends on how many people you have in your operation and you can sell it locally depending on your situation You may not be able to sell the cross state lines You may not be able to sell it to HEB but you can sell it from your ranch But it gets even funnier So they make the regulations so tough that...so could you do if you didn't have those regulations could you do it on your ranch? Yes

1:29:36 And is that the way to do it? Or do you think- Yes. You need some pretty strong regulations? Break the back, break the back of those processing plants! There's people who want to build processing plants everywhere The regulations are killing us Just killing us So your saying with less regulation... ...you think that the ranchers and farmers would do a very good job at processing the beef? Yes Wow. Yes, I know that today. I've been hearing about this problem for 20 years. I've been hearing about this problem. Okay so to me this was a bit of a setup it's like oh yeah you know Mr President so the processing plant is multiple problems one is

1:30:24 And and there's all kinds of ways around it. You can sell a half the cow to someone That's what we do quarter cow half a cow is the way to go then cuz I have a because you own it at that point you Own half for the cows someone else owns The other half of the cow, the problem is that the ranchers they are lazy? I'm sorry A lot of not not them the beef maps calm guys, you know They and this there are small independent processing plants. So part one is they just want to make money, they're not really into regenerative, they're not caring about it as much as they used to the older generation passes on and the kids are like I might as well sell this for development or something else They're not really into it And... The biggest problem is people who know how to cut There are no people who know how to cut anymore

1:31:18 The butchers. Butchers, it's a specialty you've got to get apprenticeship you know that's where the stimulus is needed and yes absolutely this is cartel with the beef processors totally but there's a lot of complicit nature and then we get the next day or two days later Glen Beck you know like spikes the ball on Wednesday, the president was on. It's Friday today so two days ago President is on and I bring up you know farmers and ranchers that I'm like you know let your people go let my people go Let them process their own food now with no every rancher is allowed to process their own food And I'm just being technical about what he's saying but You can process your cows on your ranch for yourself

1:32:08 and for your family. That's always, always been allowed. No standards but this is a monopoly and if we can cut... It's not a monopoly there are four of them JBS Tyson Cargill and National Beef The regulations on these processing plants, not to a dangerous level but to be able to get people to process their own food in their own communities and states. It's already possible it is state issue The only thing that is out there Is the prime act which has been on books and never really made anywhere maybe that was part of point And believe or not its Thomas Massey bill That just have moved anywhere

CHAPTER 15 / 23 Discussion

Economic Realities of the "Generation Tool Belt"

The hosts discuss the "Generation Tool Belt," arguing that trade jobs like welding, plumbing, and electrical work now offer better financial stability than many graduate degrees. Calacanis critiques the "indentured servitude" of student loans and the transfer of wealth to institutions like Blackrock. Curry shares his personal experience learning to weld and advocates for buying beef directly from local ranchers to bypass inflationary retail markets.

inflation· student loans· trade schools· welding· blackrock· wagyu beef

1:32:56 So it's a multi-factor thing, but again I think this is a midterm marketing message that is happening here. This is all about the inflation issue you know Trump made a small set of promises and if you just go through it just dispassionately he closed the border great 100 a plus, you know the war lot of people felt you know that was a mistake. You just go through these issues one of them was hey I'm going to get the prices down immediately and as a function of starting the war gas prices go up gas prices are the input to a lot of other prices so of course everything goes up and we've been at three or 4%

1:33:37 It's kind of as low as like 2.8, 2.9 we still have the lowest unemployment of our lifetime so you and I, you know, we've never been sitting here with four or 5% unemployment and the participation rate in the country is about 62%. We've never had more people participating on a percentage basis it's like 68 was the peak i think under Clinton and that's because you know it's a multi-factor kind of thing because many people are so affluent, they don't have to work or people in the family are affluent. So they don't, they won't get off the bench and go work put it all aside. This has been a pretty great time for employment even though everybody always complains about how much money they make it's actually never been this good in our lifetime in terms of the number

1:34:16 The unemployment rate. Put that aside for a second. That's at Jason on X everybody, it's at Jason on x and you can tell him that he is full of crap and that you are struggling! No no but the struggle is not in the jobs available its the affordability so correct if your salary has not increased let say 5% a year 6% a year You're not keeping up with inflation because it was, you know 678% at times under Biden and it's been 3%. The problem what people don't realize is three percent doesn't sound like a big number but you do three percent for 10 years in a row. This is super compounding impact now everything is 50%, 75% more and beef is one of those things

1:35:01 But the hack is super easy. And once you start living on a ranch, and you live in Texas, you kind of break out of the matrix that you live in New York that you live in San Francisco or LA and I can order like Wagyu like the best have this one rancher I'll give her a shout out Olivia at Long Hill Wagyu just our ranches about an hour and a half south of my ranch. I'm talking about Wagyu. And this is what you need to do. Now, if you're buying just straight up American cattle, you're down to I think six to 10 bucks depending on where you go and the processing from what I understand is like a buck a pound it's like 150 bucks or 300 bucks to do a cow and there are smaller places to do that and this is the future of America is that job you mentioned cutting up and butchering a cow doing electrical work plumbers

1:36:03 generation tool belt is the greatest opportunity ever. They get paid a little belt I like that. Yeah, no this is if you want to get a great job If you get like a graduate degree and you know whatever studies and bullshit sorry I'm not what I'm sorry for cursing BS You know graduate degree in studies of you know whatever indigenous people yada yada You're going to be 250K in debt and your first job is going to be 40K, 50K. If you're lucky. You get if you're lucky. Yeah. Your generation tool belt? You're an electrician. Six figures in five or ten years. You're a plumber right now business, right? You made it 250 right now in Texas there I think they're looking for 70 thousand construction workers welders cable pullers electricians to build these stupid data centers like this is a fantastic transfer of wealth from Blackrock

1:37:00 Goldman Sachs. Take the money! I mean, yes huge PSYOP took place, huge PSYOP absolutely kids got screwed that was the... you know what people are rightly sick of 20-30 years of the government employees not working for them working for themselves absolutely true Yeah. And so once you break out of the matrix, and you realize going to college is not a guarantee for a great life, it's indentured servitude, you now work for a student loan. These kids who I meet if you can go to state school for like 10k a year in Texas if you

1:37:44 Boston, you know and you go to UT. I gotta tell you Jason, I know how to weld like if this podcasting thing doesn't work... You're gonna be making a buck fifty an hour! I'm gonna go to Pennsylvania and help weld me some big beautiful ships It's amazing what is out there. If you ever watch Mike Rowe with his dirty jobs, I mean he's going everywhere telling people this continuously. Did you go to college? I went to Fordham University at Lincoln Center at night and it was 9-11K a year so it was about 40k but it took me five years of work, jobs doing internet and whatever during that time

1:38:31 So when I graduated, I think I had maybe nine or $10,000 in debt from student Pell loans or whatever. And then I got a job working for Sony doing it and I was getting paid 60 or 70 k year, I just paid it off In one year, I paid off my debt in one year and at the time My total college tuition of 50k was 10k less than my salary on graduation Today, if you get that same let's say you get a 50k job and you're stuck 250 alone 100,000 loans. That's two to five x You cannot Get out from under no, that's the trap It's a lie in the end That's why you have these kids who are so enamored with socialism because they screwed them They said get your graduate degree and they went 100 K debt 200 k. That's what I love Mondami They like yeah free stuff cancel my loans. I got screwed Yeah

1:39:26 Support your local rancher. That's my main, just literally buy a half cow by a quarter cow get the freezer I have a whole freezer. I mean we that's all we eat is we ate beef We eat beef and a potato rice and salad And you know our grocery bill is significantly lower than anybody else I know yeah You got to lay out 400 bucks? You know Upfront up front, but that's six weeks. It's six weeks and you got your ground beef in there You know it's your you get the picanha And then there's the good one the hump of the hump roast to get the hump roasty Here's Kevin Warsh our new fed

CHAPTER 16 / 23 Discussion

Federal Reserve Policy and the Ebola Outbreak

New Fed Chair Kevin Warsh speaks at Jackson Hole about sustained inflation, while the hosts express skepticism about the central bank's ability to control the money supply. The segment briefly touches on UN Secretary-General António Guterres' warnings about a fast-growing Ebola epidemic. Calacanis also shares his history with Bitcoin, admitting he sold 65 BTC in 2015 but has since returned to the market.

kevin warsh· federal reserve· inflation· bitcoin· ebola· antonio guterres

1:40:14 Fed chair and he's laying it on the line over there in Jackson Hole, and no one cares what they're doing. But he did his walk... Now there is one signal nobody can miss. The responsibility for 65 months of sustained elevated inflation sits squarely with the central bank And that's where it belongs So here is my standard We must be confident that underlying inflation Is moving to our objective Clearly and at sufficient speed Otherwise, we have work to do. That's our job that's our mandate and that's our charge to keep.

1:40:51 What does he say? Just a bunch of words. I don't think any of this matters anymore, we're still printing money! Where are you on Bitcoin? Are you a Bitcoiner? You know when it was like 100 bucks 200 bucks... It was never- oh 100 bucks?! 100 or 200 bucks. I had them on This Week in Startups in 2009 2010. Yeah. I bought some, got hacked and lost it at the same I'm I'm super happy about it. I think the game of Bitcoin has kind of come to an end, it's not going to have like this crazy super appreciation, I think partly because there is a guy buying 10% of it which is kinda like

1:41:47 It's not punk rock if somebody corners the market on it and owns 10 or 20% of it like Michael Saylor was doing. Yeah, he kind of has made himself the main character in the Bitcoin story and is supposed to be a punk rock nobody's in charge. I find him very annoying but nobody is. But I do believe nobody's in charge. The thing that John and I would always pester him with Because we were people were sending us Bitcoin left and right. You didn't sell it did you? No, hold on a second We agreed it was John's idea but I agreed now this is just beanie babies This is beanie babies for the internet and oh yeah no no I know this is a great half I had 65 Bitcoin

1:42:32 And I remember 2015, hey it's 900 bucks. I'm going to sell that stuff there you go That was my initial Bitcoin story but then we got back in when it was under $3,000 and I've just been buying a little bit every single... Tina is the one with the she's got the proper IRA and retirement accounts and all that stuff Thank God I am rooting for Tina Everybody donate 33 dollars 330 By the way, I'm a knight. I never claimed my knighthood but... Well this is no good! You gotta select a knight. I gotta be a knight? A Knight of the Hill Country. Um you got to select a name and you've gotta send in notes at NoAgendaShow dot net and i'll be happy to knight you. I didn't know that it was an honor system. I thought like you guys were keeping track of stuff apparently its an honor system. I gotta tell YOU that im actually a knight but um putting aside

1:43:22 I there is a lesson which is, as we say in the business let your winners ride. It's okay to pair your position along the way but you always want to let the winner ride until it doesn't ride because... I do want to say sometimes things just race Cotton gin, you're right. On the show when Silk Road came out as an experiment I bought a dime bag of weed for I think three bitcoin. Oh no! And it came right to the door in the mailbox and like this is amazing what a great country we live in Be careful with that man, that guy went to jail for a couple of years. Yeah well there you go. Not legal in Texas We haven't heard from the UN Secretary General recently, Guterres

1:44:13 Yeah, and he's trying to make his mark on getting everybody afraid. And he has a new way of pronouncing the most scary disease in the planet. The outbreak is the fastest growing Ebola epidemic on record. Ebola! It is the fastest growing Ebola outbreak ever? He's like Trump only he can't speak. Well that's the same as him I guess. It is growing faster and wider than response to contain it but it can be stopped We know how to contain Ebola, how to interrupt transmission. Just to... I mean, okay. Ebola it is. All right. I got one more. Coval? I'm gonna wrap it up with you brother because you've been very generous with your time but do have one question of course. Do you know what's going on with Japan and you know this Besson has been real kind

CHAPTER 17 / 23 Discussion

Japan's Carry Trade and Common Sense Immigration

Jason Calacanis explains the "Japan carry trade" and praises Japan's strict but logical immigration policies that require cultural assimilation and language fluency. He contrasts this with the "socialist" issues in the Netherlands and the U.S. border crisis. The conversation ends with a mention of producer Dana Brunetti's move to a ranch and his "media hacking" regarding John C. Dvorak's obituary.

japan· carry trade· hokkaido· immigration policy· dana brunetti· assimilation

1:45:18 I'm borrow a lot of money, your bank or hedge fund whatever. You got to be in that kind of realm you can get $100 million loan from Japan for 1%. And then you can invest it in the United States and our treasuries short term banks for 4% or 5%, take the spread and that's called the Japan carry trade. Japan is actually I think going to come roaring back they have

1:46:03 a real entrepreneurial spirit. I go there twice a year and... What do you do when, what do you do when you go there? What are you doing? Well two things one thing is i go skiing in Hokkaido which is the north part. Mount Fuji! It's in the foot of Mount Fuji but it is known for the deepest like softest powder in the world. It's unbelievable and then I go and eat food and I do something I call founder university there which is I meet 30 founders and for 10 weeks we help them grow their company which is like my day job is investing in 100 companies a year Putting all that aside, they are really figuring out immigration in a very intelligent fashion. They just said everybody wants to live there it's the safest place in the world the quality of life is unbelievable but they have some common sense principles one of them is you can't create

1:46:49 You're like little Tokyo, you're a little Baghdad your little Paris inside of Japan. You can't create your own neighborhood, you have to live in one of the existing neighborhoods and now you have to be fluent in Japanese to come there. And so since so many people want to go there if they want to have permanent residence not if we want to go on vacation or for six months as an digital nomad And everybody wants to go there, they're hiring because they need some level of immigration because their population growth. They have no kids! They're getting old over there. It's an incredibly rich country because they have so much money and so much discipline. Everybody saves their money. Then they have a population decline. So they actually figured out like a really common sense way to handle this immigration issue that the Nordics

1:47:37 Finland let people in and then they're like, okay we have 17 different languages being spoken. None of these people will learn Finnish or whatever the language is there I'm assuming it's Finnish and we don't have teachers so how are we going to educate these people? And like okay well they're not gonna get educated, they're gonna live in their own slums, their own area and then we're gonna have civil unrest if you wanna go to a country...I think it's one of the most and people might say I'm being racist or something You're not guaranteed to go to any country you want in the world and what a great carrot to put out there. The people who learn to speak the language fluently before they get here, get precedence. They get to go to the front of line

1:48:17 That's actually a really good idea because your chances of assimilating into the culture go up 100x if you can speak the language. Well, we'd have to kick out half of our country because people who were born here can't even speak that language! Well played well played. Wow I mean it...I think now by shutting the border that was like such an easy thing to do but i think it's kind of starting to lower the heat on this discussion that we could maybe start to have a reasonable discussion of what to do with the 20 million people who are here. And now if they're criminals, they gotta go but if they've been here for 20 years We gotta find a solution because it's so it costs us 50 to $100,000 to deport somebody but If you catch me all young Ianapolis at the airport It cost you very little that goes about 2k Yeah So that's That's The That's the better way to do it

1:49:09 I'm in agreement. I mean, I've helped several people become legal. It costs about $5,000. I've done it three times in my life to help someone but they had been here for a very long time back in the day when companies would go to the border and say hey you want to work? And they'd come on in and it was just like... You know, I'm in total agreement. The problem is that—and we see it in Fredericksburg all the time You know, the cleaning ladies. The construction guys. The guys working in the wineries... They're gone! And many of them have been here for a long long time But it's quotas and you know there are quotas for ICE and DHS And I'm in agreement with you that I wish we had a way for that but It seems like that decision is passed That decision is gone Well Trump has stopped

1:50:04 he's taken the foot off the pedal, because I think it was so unpopular. You know when there was causing too much unrest? But some pretty simple you know if you put economics to any of these problems, you can typically find a good solution. So if people had to pay their back taxes or they had to do some sort of settlement to become legal then again, the front of line would be filled with successful people saying you know what, I'll pay $3,000 in back taxes are $6,000 about taxes to become illegal citizen and that would I think again I have great sympathy for somebody who doesn't have a job and then sees 100 people working in their community off the books, not paying taxes getting cash under the table. It's got to be incredibly frustrating you know? Well guess what if you go down the socialist route which i grew up with here in The Netherlands what you see is

1:50:54 Oh, I hurt my back at work. I'm going to be out for six months My company will have to pay 70% of my salary and i'm just gonna work hauling bricks on the side And the neighbors see it they see you with double down? Oh yeah, oh yeah, oh Yeah! And then neighbors get mad then you get like neighborhood fights over this stuff and other people go Well crap if he's doing it i'm gonna do it too And it is bad here. It is really, really bad. They got a lot of problems I think when you steal from the if you steal from the government and this kid Nick Shirley You guys had think have talked about it He just he just walks up and he gets somebody gives him a list like hey I think these this is fraud and he like uncovers fraud all the time It's not that difficult to find it. And so if it's not that difficult to find it

1:51:40 You have to ask yourself, like Occam's razor. Like why didn't we find it? It's obviously people were in on it and our government if you're caught stealing from the government I think they should double the penalty because you're literally stealing from everybody hang them Hang him! Put it on TV. Give me the rights, give me the rights. Dana Brunetti and I will produce it. Yes we will do... Dana Brunetti has no job right? He just made all this money and then went to a ranch he doesn't work anymore. He's gotta get a job. He called me, texted me said hey man i want to do this show with you like okay. Line up everybody.

1:52:19 Wants to work on I think the lot. I don't know. I'm not exactly sure but thing the last thing did was Gran Turismo Oh, yeah Which was which was a thought is pretty fun movie and it was all paid for by Sony So he just doesn't want how he says he left at the top man He was very smart there's something say about that bought a lot of land You know got a good-looking wife she's a lawyer They live out on the ranch And any and he used to call John all the time He loved John. Yeah, he loved John. What did these guys talk about? What's up with now? Hey Dana what's going on in Hollywood see When am I gonna get a talk show and holly who's it Am i gonna get a cameo a bit part and who's not can you give me a walk-on? I need to walk on really a pedophile out there

CHAPTER 18 / 23 Discussion

JCD Tribute and the "No Contract" Oil Deal Summary

Adam Curry wraps up the interview with Jason Calacanis and plays a satirical summary of the Trump-Venezuela oil deal. The segment highlights the lack of a formal contract and the logistical hurdles of the 65-billion-barrel claim. It frames the announcement as a "midterm slogan" designed to distract from the lowest Strategic Petroleum Reserve levels in 44 years.

john c. dvorak· venezuela· oil deal· midterms· strategic petroleum reserve

1:53:04 I want to be on Law & Order. Can you make me a serial killer? See, I want to be a serial killer on Law and Order is what it is." Ladies and gentlemen he's the master of ceremonies of the All In podcast Is that once or twice a week Jason? Just once a week every Friday we drop it We tape at the same time Oh you drop it! You better pick up man if you don't get dropped We drop it every Friday coming out here early in the morning from the hill country Hey man I really appreciate it It was lot of fun to catch up Oh yes, and by the way... The story in The Hollywood Reporter that said Dana Brunetti was John's nephew was clearly... Brunetti called the guy at Hollywood Reporter. The Hollywood Reporter didn't want to put it in, didn't want to do the O-bit and he said but he's my uncle I'm his nephew! And then they put it in

1:53:55 Oh my God. So they lied about his age, these guys are media hacking. They get great... Literally there's no fact checking I mean the Dunning-Kruger effect or whatever that is it's just so perfect because every time i read a story about something I know about I'm like this is complete utter nonsense It's like 20% true. Gillman amnesia baby! Gillman Amnesia man it's just nuts all right listen everybody uh get your donations out donate to the show support You know, John's family. Very important. 3333888 whatever you got just do something you ungrateful no you guys be grateful for the show because you gotta keep it going keep the show going

1:54:35 get your PayPal out. That's what I did every anytime I win a big poker game, and we'd win these poker games and then I be like you know what? I appreciate what you guys are doing to pop out my PayPal is zip a little paypal to you guys easy peasy. I love you brother thank you so much. I love it too bro let's let's get well come out to Frazier's break maybe i can get in on this chess action with you or we can have steak or something any time you want Mondays Monday morning Is that when the chess is going on, old man chess? That's when chess is taking place. I want to get in on old man chess! That sounds like a party to me! Alright brother thank you so much Jason okay bye-bye From the people who emptied the cupboard To fight this six month little excursion A miracle in the western hemisphere 65 billion barrels World's biggest oil deal And the best part

1:55:23 No contract, no problem If you can't read it You can't doubt it Gas is going down America Just as soon as we find the paper Old boss collected New boss connected 17 fields 100 year lease 55% of a company that isn't a company yet Pentagon, rest the checkbook. Private partners do the drilling? Taxpayer. Complimentary! Strategic reserve? Lowest in 44 years. Lucky for us faith is a renewable resource. Fill the tank. Fill the straw. Fill the ad before November. Crew now! Details later...

1:56:02 Deal structure not released at time of broadcast. Heavy crude may require billions in infrastructure, not included in note cost. Off take at cost is a feeling, not a filing! Results may vary by midterm if prices do not descend. See your local slogan. Can I get a barrel? Can I get a vote? Lay your hands on the pump brothers and sisters and receive the discount You don't need a PDF when you have a posting When you have a mandate 65 billion reasons to believe the tank is full No contract, no problem No Majuro, more inventory

CHAPTER 19 / 23 Discussion

Value for Value: Executive Producer Credits and Birthday Announcements

Adam Curry transitions to the "Value for Value" segment, thanking producers for their financial support following the death of John C. Dvorak. He reads notes from top donors, including Stuart and Jessica Green, who contributed $1,000 each for knighthoods. Curry also mentions his upcoming 62nd birthday and the influx of "Order of the Ant" donations from listeners honoring Dvorak's legacy.

value for value· stuart green· jessica green· order of the ant· knighthood· birthday

1:56:40 We just bought the hemisphere. Ask for it by name. The biggest oil deal in world history, available now. Documentation sold separately. Amen and fill her up! Yo, Jess Baker doing it for us again. Thank you very much to Jason Calcanis and he led us perfectly into the value for value portion of the podcast because indeed everything you hear here is supported by you time talent treasure so many different ways you can support the show

1:57:22 We would love for you to listen to us live when possible on a modern podcast app. Go to podcastapps.com, and you will get the bat signal so that you can listen live and whenever we publish if everything goes according to plan then you should get that updated within 90 seconds no waiting for legacy apps. So please don't wait around for that Part of the value for value, man so many people have done so many wonderful things. Boots on the ground artwork I want to thank see the last episode with Matt Long was episode 1898 titled Goofy Foot and Parker Pauly who is a black knight did a very interesting don't tread on me with the tires actually got a let's see I had a note from let's see where is my note

1:58:09 Got a note from one of our producers about this. Let me see... Tim? No, was it Tim? No Alex! That's right, Alex He was sales manager for a global tire manufacturer for over a decade in the commercial vehicle sector. Worked closely with colleagues in the passenger and light truck. So as California goes, so does the rest of the country and their regulations push their way into the rest of the US. Replacement tires are superior to the tires that come on your new vehicles." Uh-huh! I think basically what he's saying here

1:58:50 Is that the Obama era greenhouse gas rules put rolling resistant targets on original equipment tires and degraded them for over a decade. And I think we're probably going the same way with our replacement tires, you'll probably instead of getting 50 to 70 thousand miles you get 30 or 40 thousand so good work everybody! Good work California that's part of your affordability agenda screwing everybody because that's the way California goes So thank you, Parker Pauly for that. And let me see there were some other... I think there was a couple of other pieces of art now I'm selecting by myself luckily have got the troll room I think it was Eric PP helping me out with titles Let me see I am always looking obviously for something with the guest host name and what was there? I like Nessworks I use The Bat Signal with your piece of art

1:59:48 Let me see was there anything else a couple of tires thing, you know some cows man This is really it parker paulie really had that we had the best one Much appreciated man Now I want to thank people 50 and above who supported us with their treasure as always. We have the 3333 3333 order of the ant which will continue for a while. Also, Thursday is gonna be my birthday I don't know if we're going to do anything special for that? I'm not lying about my age, i'll be 62 We always thank our executive and associate executive producers at the top of the show. These are people who were fortunate enough to support us with $200 or more that gives you the title of Associate Executive Producer, we will read your note in full and of course that is a credit that is good anywhere credits are recognized real official production credits like IMDB.com LinkedIn Doc you put it anywhere you want at three hundred dollars or above

2:00:44 And that is a executive producer, same credit. And Stuart Green comes in from Asheville North Carolina with $1,000 thank you donation for knighthood You will be known as Sir Troubleshooter momentarily He says, in memory of JCD so we're going to keep this short I rolled into No Agenda from the Daily Source Code. He's a folder not a scruncher Jessica, I'm presuming that is his wife started listening while we were dating 18 years of marriage and two kids who have been raised on no agenda later here We are holy moly and you never had a fight? I'm just guessing We meant to do this a long time ago. John's passing was a stark reminder to take care of the things that are important while you have the time, value for value thank you for your courage Stuart and Jessica from Asheville North Carolina and I want to thank everyone who has emailed me and said hey you know I feel bad never told John how much I appreciate him so now they're telling

2:01:36 Which makes me feel like, how long will I last? And would you look at this Jessica Green right underneath Stewart comes in with $1,000 from Asheville North Carolina and this is a donation for her knighthood but she means her dame hood. She'll be Dame Dula Etcher-Cervix Now that's a great dame name Sir Salah Houser, Melbourne Florida $1,000. He misses JCD and says I can hear him now in heaven talking with God and saying either it's a scam or oh that's bullcrap maybe maybe not sir Salah Houser Sir Ty of God's Flat Earth 34375 I'm presuming that is an order of the aunt plus fees, thank you. 2026 is the 40th anniversary of my birth and 10th anniversary of discovering no agenda Adam I prayed for your salvation before it even happened love to see god answer prayers missing JCD every day Love your brother. And I love you too Erica Wilka 333 dot 33 plus the fees ITM citizens? I am proud to join the order of the ants and have become a baronet

2:02:39 A baronetess, I would. Oh it's Eric yes Eric Wilcox a baronet correct i usually find myself humming I've got ants when dealing with them at my house! I will miss hearing John my condolences and continued prayers for Adam the Dvorak clan and the No Agenda family. Adam there is a great amateur sumo tournament coming up in November near you The Consultants Cup I competed in it twice and had a great time. Justin and his club, Dark Circle Sumo put on a great tournament more details at darkcirclesumo.com And this is the sixth annual Consultants Cup sumo tournament Love the show thank you for your courage sir Eric Wilka Dr Sir One Awesome Jason PhD 343 75 that's an order of the ant plus fees and we thank you very much Tom Bebin Bebin San Diego California

2:03:29 343.75, order of the ant plus fees taking JCD's advice I put my phone in a drawer to focus on family while on a July August vacation in Europe so it didn't learn the tragic news until coming back a couple weeks ago I've been profoundly sad ever since but I finally pulled it together and did what John would have wanted me to do donate and become a member of The Order Of The Ant So many memories from PC, mags, EDTV, twit no agenda DH unplugged. Thanks for helping me maintain sanity while raising two young human resources my smoking hot wife in these interesting times you'll be greatly missed but never forgotten my heartfelt condolences go out to the Dvorak family and to you Adam Tom Babin from San Diego California

CHAPTER 20 / 23 Discussion

Global Meetup Reports and Community Support

The show acknowledges various community meetups and business supporters, including Manuka Gold and Gigawatt Coffee Roasters. A detailed report from the "drunken minstrel" in Australia describes the harsh authoritarian laws in the country. Curry also promotes Linda Lou Patkin’s resume services and thanks the "troll room" for their participation during the live stream.

melbourne· indianapolis· australia· manuka gold· gigawatt coffee· resumes

2:04:12 Catherine Nicholas, 333.33 Dear Adam thank you for carrying the torch through John's illness and passing You've shouldered so much while grieving the loss of your dear friend yourself and your strength and dedication have not gone unnoticed And congratulations on becoming a grandfather what a beautiful blessing in bright spot in midst such difficult season Indeed roller coaster With love and gratitude, Katie and Will. Thank you Katie and Will SirJoeFoe33333 ITM seems to be a season of change for me the show in the world listening since 2016 happy to finally welcome Jason today yes it was fun to have him on I chipped in 33 value for value to him on X money which I think he gives away Adam grateful too recently found we get to do this as well all the best sure Joe Foe

2:04:58 Peter Bickford, 333.33 and there's no note so he will receive a double up karma. And there is the Indianapolis Noah Jenna meetup, Greenwood Indiana 333. It's a switcheroo Raymond Lee he won the raffle and he will receive the order of The Ant He says hi Noah Jenna Nation I'm traveling across the country with my smoking hot wife and two toddling human resources We made the Indy-Noah Jenna Meet up stop along our way They were very welcoming we all had a great time definitely recommend connection is indeed protection also I'm now a knight

2:05:37 Happy to be in such esteemed company. Knight name, Sir Raymond." You got it Sir Raymond! And then we have the drunken minstrel himself, Sir Chris Wilson coming in with $2.66 and 70 cents and he says... Greetings from the Antipodes, or as you may also know the former prison colony of his majesty King Chucky 3.0 bless his reptilian heart, the authoritarian hellscape known as Australia pronounced Straya or in more formal setting stray-ya cunt. You got me Chris!

2:06:17 We are the only country in the Commonwealth or common debt to have by ministerial edict and without judicial review prescribed a registered political party as a banned hate group, threaten their members with 10-13 years in prison and force its leader to seek leave from the High Court of Australia to be allowed to fundraise and launch a legal appeal against the prescription. because technically under the new hate speech laws filing a legal challenge and donating or collecting to pay for said legal challenge is providing material support and promotion of a prescribed hate group, a crime that attracts 10-13 years in prison. Yeah! Still, given that level of outright suppression of political expression I think that Kimdania in the north of you is faring somewhat worse. It's getting cold there everyone seems to be a bit more gay Enough complaining! On behalf of the city Noah Jenner meetup mob please accept our humble donation $388 and 33 dollary-do cents plus fees we wish it was more Okay so that...I have to mark that So that will be an order of the ant then

2:07:19 I'm not sure who to send it to because we do, well at least the executive producer for sure. We wish it was more but if you ex... Oops! Wish it was more but if you exchange it For Bitcoin by next Wednesday, it will probably be more. Adam our collective heart goes out to you Tina all the Dvorak's Andrew Horowitz Dana all who get my nation the universe lost a legend But we still have something more valuable even more valuable than Bitcoin We have a network of high trust critical thinkers in real life who understand the value for value exchange this? We get to keep seems to be like a band member that has been a band that has lost a member no matter what You do

2:07:58 That specific magic, that unique chemistry goes with them. But you don't stop when there's new music to be made. You get together and you let the chemistry brew. You find the new magic with the right people. Music just happens is different but it's music from people who love As Sir Felix said, we must secure the existence of our podcast for future Gitmo Nation children. My Mossad handler Brian of London spotted what I did there and has approved the use of the number 1533 as a signal to other producers that we were here for the long haul Adam thank you thank you You're doing God's work A de-douche for everyone at The Meeting. You've been de-douched Thank you for your courage Sir Chris Wilson For Sir Nathan Phil Danny Custom Carl Mark Steve Tom Alex in our ring

2:08:41 in Daniel if I missed anyone. Do we qualify as a collective for an executive producer credit? Yes you do, happy to do that $250 from Manuka Gold, manukagold.com from the Manuka Gold family and in an uncertain world we appreciate NOAA Agenda showing up week after week to keep things in perspective We're always happy to do our small part to help support the engine for this awesome community We do have a special NOAA agenda sale at manukagold.com for the listeners looking for 20% off code treasure will work until Labor Day And is stackable with our big end of summer promotion And there's gigawatt coffee roasters from Bensonville, Illinois. Eli the Coffee Guy he says no agenda has the best producers ever He comes in with $208 and 30 cents always 200 plus to date The quote from the millennial rancher on the last show really resonated with me that was the anonymous zoomer rancher actually

2:09:33 The only limit to success is the creativity of your mind. That quote truly embodies the American spirit and probably hits home with a lot of fellow producers I also want to plug an upcoming Chicagoland meetup on putting together at Hailstorm Brewing in Tinley Park on September 12th I urge all those in Gitmo Nation who have never been to a meetup, to either start one or go to one. They're a blast and everyone... Everybody wants a good cup of coffee at a great price! Yes visit gigawattcoffeeroasters.com Use code ITM20 for 20% off your order As always stay caffeinated says Eli the Coffee Guy And there's the Indianapolis Noah Gin the Meet-Up This is second switcheroo

2:10:11 $200 for Annette Miller towards her Dame hood the indie meetup last week was a big one I finally get to claim Dame would you've always referred to me as such yes? I have because you've done real work on all those meter purports. We have another one today Sorry, didn't make it before the loss of the great JCD It makes the moment bittersweet is always shout out to my genius firstborn in New York by way of Austin Sir Ryan and to the Indy crew the best punch of rabbit hole diggers this side of the Mississippi can I please Oh boogity-boogity Yeah, I should have gotten you a boogity-boogity. Hold on a second... Where am i? Boogity! Why is the boogity not coming up? Boogity, boogity come on okay yes boogity boogity sorry about that

2:11:03 Along with the chilled bottle of Elijah Craig grilled prime rib and a homemade black raspberry pie for the table. Thanks for the years of enlightenment, Adam and please dub me Dame Near Perfect! And that's from Annette Miller And there's Linda Lou Patkin from Castle Rock, Colorado. $200 she wants jobs karma and she says AI can write your resume the problem is it can write everyone else's too Linda helps professionals and executives figure out what makes them different, what makes them valuable and turns that value into a resume that gets results. Go to imagemakersinc.com That's Image Makers Inc with the K and Linda Lou Duchess of Jobs and writer of winning resumes because your resume should do more than just look good! Jobs jobs jobs and jobs let's vote for jobs!

2:12:00 And that wraps up our executive and associate executive producers for episode 1899. We are almost at 1900, remember these credits are good anywhere Hollywood credits aren't recognized which includes IMDB dot com Our formula is this we go out we hit people in the mouth And I realize that forgot to do the troll count we had this is great the peak trollage was one two three four one thousand two hundred and

2:12:39 and 34. Wow, welcome back trolls! Thanking the rest $50 and above as we always do there's Kevin McLaughlin the Archduke of Luna lover America and boobs and he comes in with 8008 thank you very much Amanda Smith with the same amount and she is from Noblesville Indiana happy birthday to Scott Smith I had a date wrong last year making it up by donation in his name Big Smitty is 55 on Friday the 4th Lester Cowspea with the small one, 6006. Marco in Den Haag 5555 got your email he does want a de-douching. You've been de-douched! Foster Birch in New York, New York 5272 I think it's 50 plus fees Dame Nancy of the confused San Bruno California

CHAPTER 21 / 23 Discussion

Knighting Ceremony and Order of the Ant Pin Awards

Adam Curry officially knights and dames several high-value producers, including Jessica Green, Annette Miller, and Raymond Lee. He details the rewards associated with these titles, such as "gerbils' breast milk" and "mutton and mead." The segment concludes with a promotion for the physical "Order of the Ant" pins available to those who donate the specific $333.33 amount.

knighthood· damehood· order of the ant· no agenda rings· value for value

2:12:00 And that wraps up our executive and associate executive producers for episode 1899. We are almost at 1900, remember these credits are good anywhere Hollywood credits aren't recognized which includes IMDB dot com Our formula is this we go out we hit people in the mouth And I realize that forgot to do the troll count we had this is great the peak trollage was one two three four one thousand two hundred and

2:12:39 and 34. Wow, welcome back trolls! Thanking the rest $50 and above as we always do there's Kevin McLaughlin the Archduke of Luna lover America and boobs and he comes in with 8008 thank you very much Amanda Smith with the same amount and she is from Noblesville Indiana happy birthday to Scott Smith I had a date wrong last year making it up by donation in his name Big Smitty is 55 on Friday the 4th Lester Cowspea with the small one, 6006. Marco in Den Haag 5555 got your email he does want a de-douching. You've been de-douched! Foster Birch in New York, New York 5272 I think it's 50 plus fees Dame Nancy of the confused San Bruno California

2:13:28 5244, thank you. Nathan Noel or Noel in Nederland Texas 50 oh these are the fifties Joshua Johnson Omaha Nebraska Terrence Clark and Jacksonville Beach Florida Tony Lang Castle Pines Colorado and that wraps it up everyone else is 4999 or below we never reach that number for reasons of anonymity and we thank y'all very much for supporting the best podcast in the universe It's your birthday, birthday On Noah's agenda And remember you can always go to noahjendedonations.com and you can always email us notes at noahjendashow.net for your birthdays Amanda Smith happy birthday to Scott Smith he turns 55 one day after my birthday on September 4th and Sir Ty of God's flat earth turns 40 years old we say happy birthday from everybody here the best podcast in the universe! It's your birthday yeah

2:14:22 Order of the Ant. That's right, congratulations to our order of the ant pin awardees which will be in the mail to you shortly Stuart Green Jessica green sir Salah Houser Sir Ty of God's flat earth Eric Wilka so dr. Sur one awesome Jason PhD Tom Babin Catherine Nicholas, Sir Joe Faux Peter Brickford and Raymond Lee remember you can become a member of the Order of the Ant 333.33 cents go to noagendathedonations.com

2:15:07 And we've got two knights and two dames to bring up today. So, we welcome Jessica Green, Annette Miller, Stuart Green and Raymond Lee Thanks for your support of the Noah Jenner Show in the aggregate amount of $1,000 or more We are very proud to pronounce a K-D as Dame Dula Atcher Cervix Dame near perfect is sir troubleshooter and Sir Raymond for you We've got hookers a blow or rent boys in Chardonnay. We have what was that? we wanted here, we wanted a chilled bottle of Elijah Craig at grilled prime rib and a homemade black raspberry pie everybody can share in that and that along with some other favorites like sparkling cider and escorts ginger ale and gerbils breast milk and pablaman as always

2:15:52 Mutton and Mead on deck for all of you. Go to noagendarings.com, not just for your rings if you're a night or day but also take a look at the very handsome order of the ant pin and once again thank y'all everybody so much for supporting The No Agenda Show it is the best podcast in universe it's value for value and you certainly brought today thank you. We have so many meetup reports today. It's just outrageous, so happy to see them come in Let's first listen to the meetup from Indie

CHAPTER 22 / 23 Discussion

Final Meetup Reports and September Event Calendar

A series of audio clips from meetups in Indianapolis, Maastricht, Sydney, and Zurich are played, with many participants offering tributes to John C. Dvorak. Adam Curry reads the upcoming schedule for September meetups across the U.S. and internationally, including events in Michigan, South Carolina, and Georgia. He emphasizes that these connections provide "protection" for the community.

indianapolis· maastricht· sydney· zurich· raleigh· meetups

2:16:32 Hi, this is Sir Mark. And this is Dame Maria from our Indianapolis meetup with our lovely Noa Jenta family remembering John today. John you're absolutely right about NCIS they need new riders rest in peace really love you hi This is Dame Cindy of the Tito's at the best meetup in Indy we want to send our condolences to the JC family and the Adam Curry family. We appreciate everything you've done for us over the years. Hey, it's Gary RIP JCD. Sir Benny rest in peace John later this is Emily the shufflecrat spook missing John I remember him back in the days of buzz out loud when he would post with Tom Merritt and Molly Wood I literally no idea what they were talking about but I loved his crankiness

2:17:11 RIP JCB. Hello this is Bruce Eave from Indianapolis, RIP Dvorak you'll be sorely missed Hey it's Annette in Millville still drying out from the big duret show we miss you John In the morning Nada from Indianapolis and thank you for your courage John and the Dvorak family This is Alicia from Indianapolis Miss you, John. Rest in peace." This is Joshua from Indianapolis. RIP JCD! You are the original book of knowledge. This is Sir Jake. Glad I finally made a meet-up but missing JCD Tom G., not from Carmel, not fisting any more nuts

2:17:46 Adam, thanks for the Men's Alliance tip. Love and life! This is Sarah Bovina-Maple at the Indy Meetup and we're all sharing our favorite John moments We will miss you John In the morning Dame Trinity visiting from Fort Wayne having a great time remembering JCD in the morning In the morning Adam & Crew Sir PBR Street Gang John see on the other side Sir Ohio Blood visiting The Indy Crew RIP JCD in the morning This is Tony from Louisville, Kentucky. John you're my dad and I love you and miss you In the morning this is Sir Raymond thank you for sharing your love of podcasting and meeting up It's Nick from Indianapolis rest in peace John You taught us the importance of cynicism not pessimism Thanks for everything This is Kate Piper from Blind Albury took care of the No Agenda crew today And they were lovely Wait what's that sound out here?

2:18:42 Thank you guys. Hey, let's go down south here in the Netherlands to Maastricht Hey Adam, hey Nogajungle Nation. This is Avery and Maastricht here the first Maastricht meetup it's only two of us but hey you know we got to talk about a load of shit and we got to drink to JCD who did the suckiest exit strategy ever good fun here good company and hopefully next time will be more busier Yeah, this is Baron Illuminati. Having great fun just the two of us but nonetheless see you around! And a waitress...

2:19:30 I guess the waitress didn't want to talk. And now we have just as long as his donation note, We have the meetup report from Sydney Australia Australia Caution not entirely safe for work in the morning get my nation this is Sir Chris of the drunken minstrel and i'm here with everybody because I'm too fucking drunk to remember their names. ITM, Gitbo Nation this is Steve a lot of good people around here today great to see them RIP Buzzkill we live in our country ruled by

2:20:15 The first half. Not ruled by trees! No, no... We can edit this, so whatever you want. ROPJCD Say it again? I'm not buying it You're not buying it? No It doesn't matter, I'm not buying it It's a scam It's a scam This is Alex just drinking beers at the Cash Only bar not by design but not a problem and I'll call out Patrick as a douchebag he'll know Douchebaaag In the morning, RIP JCD.

2:21:06 You want to say anything? I'm going to edit this afterwards anyway. I don't know the ritual so how do i open what I am saying, I don't know! He's saying...I'm getting hit in the mouth! Because that is what it is you get hit in the mouth. Anyone who says we're sitting having beers is lying because were overtaxed and no one can truly afford beers but what a wonderful group of people. You can also shout out to Brian And a shout out to Brian of London from Daniel or hashtag vote, hashtag at symbol VoteLuko. Good to speak to all of you whoever's listening. Mr Vilk! I'm sorry John's gone and Adam...I love your work and i need to say that before you go keep going He's not going that quickly

2:21:54 In the morning we've all been drinking a lot and we've all been getting connections for our erections. I mean protections, protections for our erections. Thank you Chris. In the morning! No homo! My name is Sir Chris and I'm an alcoholic. And um, I'll end this so it doesn't sound so fucking drunk in the morning. A two, a one two three. In the morning it mown nation we are all charged up to be human resources and service in our lands and our ships at sea

2:22:46 From east to west, down under to the lowlands and beyond We are happy and distracted slaves Hear our good nomination song Hey guys, it's Lucy the barmaid here. We've had this group of fellas in tonight and they officially banned from the premises. Have a good night everybody! There you go. Yes perfect thank you boys thank you very much we're almost done with our meetup reports is the Jingle Pot Ranch Meet Up from yesterday This is Sir Tree Daddy here hosting the Jingle Pot Ranch Backyard Meet-Up

2:23:34 I'm gonna pass the phone around because there's people who have things to say. In the morning, this is Sir Say It Wrong of Nae Nimeo. Uh...I'm going to miss the way that John butchered the name of my town every single time. When Adam says it properly it just doesn't quite hit the same but it did warm my heart when Larry and Darren both butchered it back-to-back in the same reading I did look high and low for Nanaimo bars for dessert, but all i could find in them was hookers and bikers. In the morning from Nanaimo BC

2:24:19 Yes, and in the morning to you when our final meetup report is the one I was looking forward to from Zurich Switzerland We had lots of fun we talked about politics and and how grateful we are to No Agenda for keeping us sane with all the craziness that's going around in the world. I'm Sir Luca, I am going to pass the phone through other participants of the meeting. I'm Sir Lucas, I came down here from Munich and...I'm here to remember JCD and spend some time with some really good people! Hello, I'm Phil, The Pool Water Guy

2:25:07 and I came here from Wieden or Wieden, thank you Adam. I'm the ham guy and we had eight people and one human resources, and thank you for your courage. And you're more than welcome! Thank you very much for sending in all those meter reports we there is a meetup taking place as we speak today in Chester County it's the Chester County community meet up Liberty Union Bar & Grill in Chester Springs Pennsylvania probably have to hurry up though Next show day, that'll be my birthday September 3rd. Raleigh's regularly scheduled September meetup and soiree 6 o'clock at Saints & Scholars in Raleigh North Carolina And on the way in the month of September On the sixth, Tapiola Michigan Fort Mill South Carolina and Medford Lakes New Jersey on the 10th Brooklyn New York Boise Idaho on the 12th Scottsdale Arizona on the 15th Charlotte North Carolina 17th Tbilisi Georgia Gotta collect those Meet Up reports That will be on the 18th

2:26:06 King George, Virginia on the 19th along with Petaluma California and Wilmington California. All of that happening in the month of September go to NoahJenAndMeetups.com Very simple you look on the calendar you find something near you You will want to go to one of these at least once in your life, and I'm pretty sure long after NOA Agenda is gone you will continue to meet these people because this connection gives you protection for the rest of your life. The people that you meet at a NOA Agenda Meetup will be your first responders in any emergency, I guarantee it! Noagendameetups.com If you can't find one near you start one yourself It's easy and always a party! Sometimes you wanna go hang out with all the nights and days

CHAPTER 23 / 23 Discussion

Outro and "Where's the Beef" Musical Mix

Adam Curry signs off from Rotterdam, announcing his next show on his birthday and a Wednesday appearance on "We Get To Do This" with Pastor Jimmy. The episode concludes with a "Just Baker" musical remix titled "Where's the Beef," which satirizes the geopolitical and economic implications of the Trump administration's beef import and oil deal announcements.

rotterdam· pastor jimmy· beef· argentina· midterms· just baker

2:26:50 You wanna be where you won't be Triggered or held to blame. You wanna be where everybody feels the same It's like a party That's right everybody, it is just like a party. Stick around if you're in the troll room give me some title ideas I do not know what's coming up next on No Agenda Stream that information has not been shared with me for today but guaranteed something is coming up because its 24-7 NO AGENDA STREAM dot com and as always get your modern podcast app so that you will always be alerted when we go live or any of the other podcasts go live

2:27:31 So I'll be back with No Agenda on Thursday from Rotterdam, the Netherlands. That will be my birthday and also on Wednesday we get to do this with my brother Pastor Jimmy if you're looking for a little Jesus talk with your No Agenda media deconstruction check that out Please remember us, noagendadonations.com Value for value keep the show going everybody Thank you so much for your contributions today And before I leave you i got one more Just Baker end of show mix just because he's really knocking it out of the park and ill see you on Thursday till then Adios mofos ahoowee hoowee and such

2:28:27 Where's the beef? Don't ask where. Attention hungry Americans! Your government has located... Beef, lots of beef. They said price is too high we said how highly says 300,000 metric tons. We said from where

2:29:13 90 day window, open up the gate 10% more meat arriving on your plate 25 off allegedly great Just don't interrogate the interstate freight Heard it alone we ain't seen in generations So somebody found cows in an undisclosed location Argentina already sent a little bovine diplomacy Now custom says eligible nations That's comforting to me West! Don't ask where USDA says there's plenty to share Could be Pampas, could be ports Could have stamps, could a passport Just put cheese on it You won't care South American history Ground into history Foreign policy Flank steak Vacuum seal diplomacy Rubio on the oil deal Beef up on the skillet Venezuela's got the crew

2:30:03 Do they have brisket? Screw ones outbound, cattle northbound Ranchers yell slow down, futures go downtown Media says affordability, farmers say betrayal I just wanna know if my hamburger came by airmail Every package will be clearly labeled Product of Earth Where's Onask where mystery meets For the millionaire tariff repair Make the grill great, deconstruct your plate If the price drops 25% Proud Nosers Send Your Cash Beef surplus may contain traces of geopolitics

2:30:57 In the mall. The best podcast in the universe! MoFo. Dvorak dot org slash N A