Down the Rabbit Hole

00:01 Separated by almost 8,000 miles and certainly by 0.8 of a generation. It is time once again for no agenda coming to you from the Curry Manor in Guilford in the United Kingdom where we've had a blustery summer's day. I'm Adam Curry. And I'm John C. Dvorak here in Northern California where we've had an outbreak of hornets. Not quite a meteorological occurrence there. You never know. You've got a hive nearby, is that it? Or is it just a hornet place? As soon as the show's over I gotta take care of it. Beehives and hornet hives are nasty things, my friend. Yeah, well, it's not a... These are mostly wasps that are not big hivers. I hope. Okay. So how was your 4th of July? You just got in and I hope people remember that you said that we would be doing the show on Sundays for a couple of weeks, so...

00:54 Right, I just got it. Yeah, I was up in Port Angeles, Washington where we got to witness people going completely crazy because the fireworks are legal. And there's something weirdly ironic about the fact that, and it was very, it's just like everybody's blowing stuff up. But what's weirdly ironic is that the fireworks up there tend to be sold by Indians, American Indians, Native Americans, and they're Chinese in origin, the fireworks. And they're celebrating the American Fourth of July. There's something very twisted in that, isn't there? Yeah, sick.

01:35 and uh... you know i don't personally understand the didn't need to be any there's some guys and i'm sure there's a bunch of blinded kids and i've never seen anything like it was it's too most i've seen in a while i mean last year the years that passed before all the the uh... the chinese started inundating us with all these boxes full of fire was in by the way it and the way and i took some uh... night maybe a post this video Showing going past a couple. I didn't take a picture of the big one There's these huge amount of stands these fireworks stands huge They have them in other parts of the country, but these are really massive and they and people are buying you buy these boxes It's like a huge kit like a package with all kinds of with a mixture of stuff. It's a wine crate filled with a bunch of things footlocker

02:27 Yeah, it's unbelievable. And they'll have all these little rockets and these shells and all these things. We're talking about fireworks that go up in the air and look like a... There was one guy down the street from us who had a better fireworks display at his backyard in the air. Big boomers that went way up than the Berkeley Marina does every year. Which of course is no reference to me. All I know is Fourth of July in New York City. Well, it's hard to top that. And actually Detroit and some other towns have got these spectacular displays. But it's amazing what some guy can do in his backyard nowadays. I've never been into that. Fireworks have never really interested me.

03:09 I think I was into it when I was in the third or fourth grade. Oh yeah, you know, lighting off some firecrackers, sure, but not really big like that. And it's the same with the New Year's Eve in the Netherlands. Oh man, people start buying stuff weeks ahead of time and they have all these laws that you have to order stuff. You can order it, but you can't actually pick it up until... the 31st of December and people go crazy. And it seems the same thing, every year it seems like there's more and more fireworks. But not sold by American Indians and manufactured in China. I'm sure it's all manufactured in China. Yeah, I think so. Whatever the case, it was quite amusing. Hey, John, when's your book coming out? Your recessions book? Any minute. Seriously?

03:59 Yeah, I just have to sit down for about three days to finish it. So you have the deal and everything? I mean, literally the publisher is just waiting for you to... No, no, I'm publishing it myself for starters and then I'm going to package it and give it to a publisher after that. Well, I think the timing is right, man. I think the timing is so right. I feel like we've turned some kind of final corner or something. It feels like it's starting to happen. We're going to have a boom. There's going to be a boom right after the election. Huge. A boom? Really? Oh yeah, big time. I mean, if this theory is correct, I mean, it could be, you know, it's not, it's not my, this isn't a thing I developed from empirical data. I mean, I'm not, I mean, it doesn't look right to me either, but the fact is, it should, there has to be a nice boom and there probably will be. Whoever gets elected president, typically in an election cycle, it takes all the uncertainty out. Everyone plans for the, you know, the guy being in office. And so they all relax and they all buy back into the market and the thing takes off like a rocket.

04:58 Except maybe there's a set of conditions that are a little bit different this time around. The conditions are always... well, actually the set of conditions is always different, which makes it kind of amusing. But if it's a cycle, which is what I'm arguing here, it doesn't make any difference. What is it? A hundred... eighty-year cycle? Is that what you're saying? Eighty or a hundred? There's a forty and an eighty. Uh-huh. Which is the same, you know, basically the same cycle if you think about it. I also think there's a no agenda cycle. Every week when we do the show, oil seems to be up about two dollars. Yeah, so what's it at now? What's it as you... It's uh... well they actually they... I think... do they trade over the weekend? They might. Let me see. I don't know. It's corrupt. Who cares? It reached 146.50 during the week at one point for the August futures. Oh, it's down. It's 144.14 but that's since Friday.

06:00 I don't know. I don't know where it's going to turn. I think it's going to keep going up until after the holidays and then it's going to collapse. Because I think the demand is going to pull back so far that they're going to actually have to start, you know, they're going to have to, the stuff's going to start showing up where you're going to have more oil than you know what to do with. Where's the demand pulling back? Where do you see that happening? Well, I mean, I could tell you right now, going to San Francisco every couple of days, it's like there's, it's like a breeze. I can see the demand right out by looking out the window. Right, but that's, okay, that's not Chinese demand, obviously. It's just an example.

06:39 I mean, all I know is that when things are booming, you usually have, I mean, you can tell by how many people are out on the road and how many people are just wasting their time. I don't know. I just don't, I think the demand is going to fall. I mean, it's already statistically fallen off a few percentage points, but it'll really drop off after the holidays, I think. Unless we invade Iran. Yeah, I know. I got some guy out there who's talked me into a hundred dollar bet. I don't think we're going to invade Iran. Okay, well, I mean why what's the to us that you chat over there in Great Britain? Is everyone scared to death? We're gonna invade Iran Well, what's happening right now is everyone's scared to death that they won't be able to buy food tomorrow. That's what's happening over here in Europe Central Bank just raised interest rates by 25% 25% by a 20 a quarter of a percent so it's 425

07:36 In most countries in Europe, the value-added tax either has now gone up or is announced to go up by 1% in either in the next coming months or by January 1st. That's a big jump. One whole percent for value-added tax? That means everything you buy is going to cost you a percent point more? Yep. Of course, you know, there's just seems to be more and more carbon taxes every day. So yeah, so, you know, the house prices have fallen and are expected to fall considerably more. There's a 50% less activity in the actual market, less houses sold, or like 42%, or something around the 50% mark. Yeah, so it's...

08:31 It's pretty messed up. And the consensus, or the consensus, I guess the reporting is that Israel might start some trouble and then the US would have to come to its aid and that would warrant some form of aggression against Iran. And of course, the theory is that all this has to happen because of Iran's promise to flood cheap oil into the markets based on the Euro. Now say that, give me this again in detail. Iran says what? I guess in December of 2007, I'd have to look it up who said it, but Iran, quote Iran, said they plan to flood the world markets with cheap oil based on the euro. Remember that whole trading oil bourse that they opened up and the rumor about the undersea cables being cut to the Isle of Kish? Right. Well, you know, so it actually opened up in February and you know that

09:30 that rumor of Iran flooding the world market with cheap oil based on trading in euros is pretty persistent. Well, you know, we were talking about this from the get-go. Yeah. So we nailed it. Yeah, how cool are we that we got it right? We're going to war. Yeah. And we're not going to war. I just can't see it. I see the same, John, I see exactly the same thing. I see, you know, oh they've got, uh, they've got some kind of nuclear program, even though, didn't the inspectors say Iran has stopped since 2003? Oh dude, did I send you that article about the, uh, was it the $400 million that Bush got from Congress? I know I sent you the link. Well tell me about it. From the New Yorker magazine? You haven't read this? No.

10:25 Hold on a second. Well, just tell me, give me a briefing, you can summarize. Okay. So, the deal is, Bush went to Congress under, asking for special funding, and because of the type of request it was, which was for a special covert military action, which included, and that's the quote I was looking for, use of deadly force. They didn't have to actually put it to a vote or put it up for debate in Congress They only had to go to the so-called gang of eight, which is like Pelosi and you know, whoever else And they they basically approved the four hundred million dollars To be used for covert operations in Iran with use of deadly force. All right, I Would say that that's that means something doesn't it?

11:15 Sounds like a boondoggle. What it means is some contractors are going to get a bunch of money. Blackwater's running it. They need a gig. I don't know. Right. Well, but if it's meant specifically for Iran, doesn't that kind of say something? Yeah, it said it doesn't sound good. No. $100 bet here. I'm not looking forward to. No, it doesn't sound very good, does it? I sent you the link to it, you should really read that. It's a good article. I'll go back and read it and we can discuss later. Yeah, ah, it's too bad. I'd sent you that as a no agenda item. Actually, maybe I did look at it and I forgot. I know what it was, I put it on the, you know, one of those things, oh yeah, I gotta read this and then of course I forgot all about it. Unlike all the stuff you send me, which I diligently read immediately should I in case encounter a test. Um, yeah, for sure you do.

12:05 So I'm coming back from Seattle. By the way, don't eat breakfast at Anthony's at the Sea-Tac Airport. Ugh, horrible. Anyway, I'm coming back from Seattle and they're putting these trains, they're gonna run a train from downtown Seattle to the airport. It looks like a subway train. There's actually in the front page of the newspaper, they had a picture of this too, but I saw one of them. one of these trains, it's a blue and white long, kinda cool looking train, not really that cool. But it already looks like a 1970s Manhattan subway train that's been hit by taggers. I mean, huge burner on the side of the thing, the paint job is completely ruined. And I mean, it's like, don't they have any, I thought there was supposed to be all this security, extra security out there. There's no security at all.

13:06 So I'm coming into the airport and I go to the TSA and they got this, you know, they have this thing now called, you know, Expert Traveler. Ooh, is that like the Clear program? You know, it's part of it, but it's not the Clear program. The way, what it's turned out to be, it appears is, this is my guess by the way, I don't know, but this thing cropped up about two months ago. The first time I saw one was in Oakland. There's this huge long line and then I saw this little thing that says Expert Traveler, enter here. And it's got a little sign, it said, and all the airports have the exact same sign, so I guess they printed a bunch of them up. It says, for those familiar with TSA procedures and experienced travelers. So you go in, there's like nobody in this line. Really? Yeah, a couple people followed me. But it was just like a straight up, straight up.

13:51 But then I went back to the Oakland Airport again and they had the clear people, they're handing out brochures to people going through the expert traveler line. Now it's either, now what I'm thinking is the following. I could say- It's a sales pitch, it's a little taste of the good stuff, of the high life, baby. I think what it is, I think it's a combination of things. I think there's a, I think there's, yeah, I think that's one possibility. It's a marketing trick that somehow the TSA's bought into. Or they just can't get enough people to rationalize it. Enough people are signing up for the Clear program, because the only people I know that use it are basically people flying in and out of New York all the time.

14:31 And they can't get enough people to sign up for the clear program to justify having this extra line, taking up the space and all the rest of it. That they have to have a kind of a combination thing. So, I don't know. Because now, I come here to Seattle and they have... Listen, listen, listen, listen. The Black Diamond self-select lanes. Could that be what you're talking about? Uh, well that's not what it's called here. Okay, TSA is listening to passenger feedback to improve the checkpoint experience. That is why TSA launched the Black Diamond Self-Select program. Since Salt Lake City, Utah, the program has rapidly expanded to 21 airports. The goal of Self-Select is to enable expert travelers who know TSA procedures

15:17 who know TSA procedures well to go through checkpoints quickly and efficiently while giving families and others with special needs more time and assistance. There you go, it's the Black Diamond expert. And then we have the casual lane, and then we'll have the family and special needs lane. Oh, this is a whole new program they're working on, John. Yeah. Well, that's the black diamond expert I've been using. And I would take my family into that too. Excuse me, sir, the black diamond is not for families. You need the other line. So anyway, I get in the black diamond lane and I'm pretty quick to get out.

15:58 But I get to the part where the guys are checking your ID and now they've gone through some new, here's a map of the Black Diamond for people out there. It looks like San Francisco, Oakland, Los Angeles, San Diego, Portland, Seattle for the West Coast folks. Looks like maybe Spokane and then Boise, Idaho, Utah, and then Chicago, New York. Anyway, I'm not gonna go into it. So they got this new, the process, the guys are so slow. I mean, normally they, you know, especially in most places, they look at your thing, you know, as long as your license matches your ticket and you don't look like an idiot. Now these guys, all of them at Seattle were doing the following. First, they take your driver's license or passport.

16:45 And then they take like a, one of those things you look at diamonds with, what are they called? A loop? A loop. They go right up against the thing and they look at it and then they splash a... Do they have a loop with a little chain around their neck so if they can just drop it off like a diamond chain? No, but they should. Good suggestion. You should mention that to them next time you go through one of these lines. And then they have this little blue light and they hold it up against, like the driver's license, they hold up against it, they're looking for something that's on the license, I guess. So they say, then, that's not bad enough. Then they hold the license, I think both people were doing this. The guy holds the license up in the air and puts the picture of, and held it at such a distance that the picture of your head

17:34 And your head, which, because you're standing there, and he looks at it, I guess maybe he goes cross-eyed to see if he can match the face. Oh, so he's holding it up next to your head? Yeah, basically. In free air. Of course. Up in the air, kind of, and he's looking at your head and moving the thing to a distance so your head in the picture is the same size to, you know, relatively. And he's like, does he take his fingers and try to squeeze your head between it from a distance? I have you now. I'm crushing you, you stupid expert traveler. So, I mean, this took five minutes. I mean, it's unbelievable. I mean, what's the point? You can't look at a license and look at somebody and see if it's the same person. You have to hold... And the way they were doing it, I have to assume some bureaucrat came up with this idea because somebody in Pittsburgh or wherever got through with a different license than their name or something, and they let them pass. So they want to make sure it is the same person. They're not going through this process, which is a time killer.

18:32 I thought it was ludicrous. Then of course they, you know, had to open one of my bags up because I was bringing back a bunch of... So here you go from the TSA website. Did you know the average traveler takes up four feet of space at the checkpoint, taking roughly 32 seconds to divest their belongings and 42 seconds to compose at the end of the checkpoint? These numbers may seem insignificant for one traveler, but when you consider that about 2 million passengers go through checkpoints every day, it adds up. Please! Please do not try to put shoes or boots with zippers or laces on right when you take them out of the bins. Move to the side to let other passengers take their items and go. There's no side to move to. Of course there's not any side to move to. You either move forward or backwards. You don't move to the side. Unbelievable. You know what I mean? All that stuff's in the bins, so you can't carry all that stuff. You have to put it back where it belongs, in the bags.

19:27 So you can't, you know, just move to the side. And, you know, I don't know. It's a poor, it's a system's bad. And then once in a while you run into where there's no bins, you know, the guys don't keep the bins, you know, refreshed. Yeah. That one guy you're waiting for, like, yo dude, could you pick up some bins and bring them over here? Like we got no bins. So tonight on the BBC, and I will tape this for you, I bought a system specifically to be able to tape stuff for you. You mean burn to DVDs? Yeah. Well, yeah, record it and then burn it to DVD. Hold on, where is it? It's at 9 o'clock. Hold on. The Conspiracy Files. Here you go. An investigation into the final mystery of 9-11. Oh, cool. Yeah, well, but blah blah blah blah blah.

20:16 Nearly seven years on, the eagerly awaited final official report on the World Trade Center will be published in July. Official invest- this is about building number seven. Official investigators are expected to conclude that fire caused the collapse of this third tower at the World Trade Center, but that would make this the first and only skyscraper in the world to collapse solely due to fire, blah blah blah. Um, here it is. Uh, oh, they don't, they have a different description on the BBC website than I read in the newspaper. Here the conspiracy files explores the many unanswered questions in an attempt to find out what happened and why some people think there was a sinister plot to destroy the building. What it said in the newspaper actually, um, a little blurb about this was, um, you know, it'll, it takes to task all of those crazy conspiracy theories and shows how they're ridiculous and completely unfounded.

21:06 So this is kind of interesting because A, finally here's someone countering. Well, coming from the BBC is what really makes it interesting. But of course the BBC has never aired any type of documentary about the conspiracies and the theories, only this debunking show. So it should be kind of cool. Yeah, no, it sounds like a winner. Yeah, I'll probably get the uh, it'll be a race between you getting me the disc or it showing up on YouTube. Yeah, right. Probably before I even get up in the morning it'll be on YouTube. You're so right. So we have a bunch of weird posts on the blog that a couple of them we should discuss. Okay. Um, by the way, some guy, and this I was thinking we were going to discuss this anyway when I see that Ed Campbell already

21:56 yeah he did post it which is this guy who launched himself from Oregon and a... Can I just say one thing before we start John? Because I said something last week that I regret saying. And so one of your people actually emailed me about it. Now at one point I said we were having a discussion about posting on the blog and I said well you know you've got a whole army of bootlicking lackeys who post for you. I did get some email about that and I don't know how many of them you have of these associates. But I do apologize to all of them. That was misdirected anger in the heat of a moment. I was just pissed off at John. No offense intended. Why were you pissed off at me? I don't know. You were full of hot air. You were full of shit. Okay, here we go. Let's go big. That's fine. I'm sure nobody listens to this show that does the blog, I can assure you. Except for Bubba. Bubba didn't complain, dude.

22:51 No, he doesn't complain. He's not a complainer. Well, actually I shouldn't say that. I shouldn't say anything to be honest about it. Let's just move on. A lawn chair balloonist lands safely in Idaho. Did you hear about this? Yeah, I did hear about this. I heard something I think on the BBC this morning. This is one of these guys who loaded up his lawn chair with balloons and flew away. 250 I think I said let me see if I got the dislike 250 miles or something. Oh cool from Oregon to Idaho over the hills and mountains and as you see the picture I mean it's a bunch of semi-delay balloons big balloons You know they filled with helium, and he's hanging there on a lawn chair. Yeah, send me the link through Skype I want to see it yeah, and The last time a guy did that

23:42 He got taken down, but they forced him to land because he actually flew up and there was a 747 that saw him. That's how high he was? I don't think this guy got that high, I don't think. Yeah. But, uh, there you go. But what's weird about it, and so he controlled his altitude, he obviously had to be an expert balloonist. Oh yeah, he had to shoot the balloons, right? With a BB gun. Yeah, he had a BB gun, and he would like shoot a balloon to get this, you know, go down a little bit. It's too funny. Now, some other guy did the exact same thing. This guy, it looks like his setup is pretty sophisticated actually.

24:23 Yeah, it looks a little lopsided on one side, but it's got like the big bunch at the bottom and he's got like a kind of a table top of it at the top. Was he really in a lawn chair? Well, I can't tell. I don't know. That's what everyone says. Oh, there you go. Look, if you click through the link, you get a couple pictures. Oh, I mean, that's like a super duper... It is a lawn chair, but it's on a whole rig. It looks like it's got all kinds of stuff. Yeah, well you'd have to assume it's not dangling from a lawn chair. I think the other guy actually hooked up a lawn chair. That's cool. Power to the pioneers of flight, eh? Those are big balloons. That must have taken a few tanks. That's so cool.

25:10 And here's the other one that you should be interested in, which is the post right underneath the one there. If you actually hit the blog. High in tofu, vegetarian diet causes dementia. question that our humorist Steve Newland did the post says or is it the other way around which is if you think about it you have to be demented to have a high vegetarian tofu diet but this is we've been talking about this my son had done some research on this sometime ago because he turned up some weird data that says that tofu or actually soy yeah it shrinks your brain yeah

25:51 And then most of those posts that have anything to do with that, you'll find a couple of things. They're all missing. They're all gone. They've all been taken down. And you also find that when you run into nutritionists or people who make public pronouncements about soy or anything bad about it, they get hounded by the Soybean Institute or whoever they are. They have a public relations company that's very aggressive. And if you want to do some research on soybean out there, anyone wants to do this, you'll find the following interesting kind of a coincidence. If you go to all these different sites and talk about soybeans and how somebody might question whether the whole soy culture is good for you, you'll find a question and answer thing that says, well, here's the myths about soy, it's bad for you or whatever. And you'll find that in every one of these sites, everything is curiously worded exactly the same.

26:52 indication of course of tampering by public relations firms. And in fact it becomes really obvious after a while if you start trying to find bad stuff out about soy through Google searches, you'll find this same litany of information that is worded almost identically and it's all over the place. So they've done a good job of saturating the media with their pitch, which of course is to sell more soybeans. because that's what they do. I mean, in the United States, we're a big soybean country now, and the Canadians do the same thing with canola oil, which is rapeseed oil. People, I always like to still question, 90% of the people out there, you can say to them, so what's a canola? What is a canola oil? What's a canola plant? Yeah, it's just the name, right? Just a brand name, canola. Yeah, it's a Canadian oil with low acidity, is what it means. Right. Canola.

27:48 So I wonder, what does the Codex Alimentarius say about soy? I don't know. That's a good question. You're really on to that. That's what we're supposed to talk about this week. We were going to talk... I didn't really prepare anything about it. Did you look at anything about the Codex Alimentarius? No, I just remembered it now. Well, so, what I know about it is that Codex Alimentarius stands for code... was it food code or the food law, I think is what it is? and it was started by the World Trade Organization and so the theory goes, of course, is that this is really an evil plot by the pharmaceuticals to control what we eat and the first noticeable effects of it not only being, quote, harmonized as it is being in Europe but I think being brought into law in the US in a year or two

28:43 Is the, are you sending me something here? Yeah, something else. Go ahead. Is that your food supplements and organic supplements, that those will be outlawed basically. That's where it starts. I like it. I love it. These guys are pests. Let's outlaw this. It's like they try to do with raw milk. Well, I think it's actually happening. And in fact, the Codex is law. How did the French put up with this? How did the French tolerate this? The French are like, they do their own thing. They can't be putting up with this much longer. I don't know. I don't know. I know France is one of the countries that has already implemented it. I know that Britain has.

29:31 They already started to ban some foods, some supplements. And what they're saying is not necessarily about the supplements themselves, but how much. And so what the governments are saying, based on the jurisprudence, if you will, of something set up by a trade organization, not the health organization, but the World Trade Organization, is that you know there's only X amount of say vitamin C that you're allowed to have and you it should be illegal for you to have any more than that that's kind of what it boils down to yeah nanny state oh yeah welcome to the new world order

30:12 You know in the end I guess they'd have to throw Linus Pauling in jail. Who's that? Linus Pauling is the guy who made the connection between vitamin C and not ever getting sick or whatever He's the guy you know one of the one two Nobel prizes The famous guy died a few years back, but he was the vitamin C nut. One of the great figures in science and now he'd be in jail based on this kind of thing. When you put all these things together, and then what you were talking about just last week, week of course we both got a whole bunch of email about Monsanto and how you know you said oh you watch people are gonna get sued over seeds falling into their into their land and I mean this shit is it's actually happening I mean there's they've even patented pigs John

30:59 They have traded, they've patented pigs! This is crazy. The joke of it is, this is probably a pig I wouldn't want to eat. No, but still, you know, it's nuts. I mean, that's what I mean. It's like we're turning some kind of corner, man. There's a lot, all of this stuff is now starting to happen all of a sudden. Soiling green. What's that? A movie that everyone should revisit, by the way, if you haven't seen it. Soiling Green? Soilent Green? You've never seen it? Soilent Green? No, I'm sorry. Oh, S-O-Y as in soybean. L-E-N-T. Soilent Green. I got it. Science fiction movie. One of the great, great, great cult films ever. If you watch it, you'll go, what a great movie. Well, certainly it's available somewhere on some illegal site.

31:48 Maybe. Well, I'm sure it is. But you know, of course, Viacom will have this information within seconds. But yeah, I'm surprised you haven't seen Soylent Green. It's like, it's seminal. You have to, everyone has to have seen this movie. It's one of the most important movies to watch in terms of this type of dystopia of view of the future. Very entertaining. Very, it's a funny movie. Okay. So, anyway, so I sent you this link. Schoolboys, it isn't even the Telegraph, C-O-U-dot-U-K, the famous newspaper. Schoolboys disciplined for refusing to pray to Allah. Two schoolboys were allegedly disciplined after refusing to kneel down and pray to Allah during a religious education lesson. Yeah, where? In Britain?

32:43 Well, let's see. Spokesman for the Cheshire County Council. Must be Britain. So, I don't understand. Was this a Muslim school? No, it was a regular public school there in England, your country. My adopted homeland. Okay, that's kind of weird. I think it's totally weird. They're making a big deal. I mean, of course, the kids, you know, what am I, you know, I don't know that they make you do genuflect and do the sign of the cross.

33:20 you know, like a Catholic does, or make you, you know, take peyote because of, you know, some Indian, you know, Native American religion. So why are they making these kids bow, you know, face the east and pray to Allah? That's crazy. What's wrong with that country? I don't know, but look at this picture and tell me what's wrong with that picture. So there's a picture here of, looks like maybe ten schoolboys And they're all praying presumably towards the east. And then there's a little girl who's kind of standing up in the middle and in the background there's a... looks like a video camera on a tripod.

34:00 What's this picture about, man? What is that telling me? I don't know. You have to get a hold of Heathcliff O'Malley, who apparently took the picture. Do they still name kids Heathcliff? Marmaduke. Yeah. They sure do. Some kid over here came over here the other day, one of Christina's friends, says, hi, my name is Blue. I said, what? Yeah, is your nickname? No, it's my name, Blue. His name was what? Blue. Blue? Blue, yeah. just blue like B-L-U-E? Yeah, or B-L-E-W. No, B-L-U-E, blue. Yeah, my name is blue and it says my brother's name is Art for Art Garfunkel and my other brother's name was Herbie for Herbie Hancock. What was the blue for? Nice color, sky. Hippies! Yeah, I guess so. Alright, what else we got here? Oh, the Guardian had a big scoop.

34:58 Guardian newspaper over here. They got a hold of a secret report. I'm always pretty wary when I read They got a hold of some secret report from the World Bank and their food Economist has and this will be I presume this will be pretty big news in the papers on Monday Their food economist has come out and said well, you know what? the incredible rise in prices of food is 70% of that is caused by biofuels. Oh, yeah, that's what we've been suspecting. But 70%, come on! Well, it doesn't take much. I guess the food thing is like, you know, kind of a...

35:43 It's not a, it's not, because food, you know, you can't keep it forever. I mean, it's, you know, it's a perishable. You can only make so much and you got a population increase, it doesn't take much to imbalance the system completely. What I've been seeing, well first of all, all of the trade, the whole trade system I guess is pretty fucked up about, you know, who can export to where and who can import from where. I mean, that's, situation by itself looks pretty messed up. But apparently because of all the subsidies, a lot of farmers switched to growing grain instead of other cereals and it was like almost quadrupled the output of corn.

36:29 And of course they're selling that and you know that that's working out fine, but then now there is also some drought in Australia and stuff so that you know there's just a shortage because the the farmers didn't make anything that people needed to eat You know, the corn thing also subsidized. I mean, they're actually because of all these... And I blame the greenies on this one. You know, everybody's all jacked up about finding alternative sources of energy, so they just, let's make... Let's use food to power our cars. And it turns out you need the same exact amount of energy. You know, it's like you can almost count person for person, cereal for cereal, the energy levels. You know how much energy people need. I mean, it's almost a science. I mean, that seems like numbers could have been done pretty easily on that one. Whatever. It's crazy. But that says that, you know, there's a funny, there's a very interesting, uh,

37:24 I don't have the code here for it, but there's a really weird derivative out there. You know, there's these strange, these new stock market derivatives that you can trade like stocks, the American Stock Exchange is like specializing in a lot of these things. And there's a group of them that essentially when you invest in this stock, you're actually investing in an index for food companies. And you can buy, and what's cool about it for people who have an investment, Fund and you know and they've always wanted to short the market which you can't do with a 401k right you can buy these stocks or Derivatives, they're called you know et something I can't remember they're like options aren't they no no these are actually they're not like options options expire these don't

38:10 But you can buy these on the short side, you can actually short the index by going long, so you can do it, you can put shorts into your 401k. But there's a group of these called ultras, and I'm gonna be talking about this or writing about this elsewhere when I figure out how to. How it works. I kind of know how it works, but it's just, I don't know. You want to sucker people in until you're ready for them, that's what you're saying. Exactly. It's like, for one thing, there's a lot of these things, and they're all over the place, and they have different kinds of qualities, but there's one group of them called ultras. If you end up with kind of an investment in all these food companies, and if the food companies double in value, the ultra quadruples.

39:02 So, but if it goes down, it quadruples the other way too. So, you can get yourself, you can lose your money really fast. Right, but you know, there's also people like starving, John? Yeah, and I'm trying to decide... Which is more important? How to make money off of it or how to worry about people being hungry? Well, the question is, is once people come to the realization that we're starving the public because of this idiotic corn-based fuel, Will they go back to planting regular corn to feed people and will that send all these food companies, because we're talking about Archer, Midland, McDaniels, these big food companies. Would the stock go down or would it go up? I can't figure that out. I mean, maybe it's gonna keep going up. If you keep a food shortage, will that give everybody the oil scam? Will it just make everybody who's in that business make a lot more money?

40:00 Or will it? Well, I mean surely surely the price of food is also partially at least influenced by the price of fuel Yeah, that has to be a part of it. Yeah, right. So you got a double whammy Also, there's a big demand coming from China. Although I think China... I don't know, there's a lot of weird stuff happening in China. I think Ted Koppel is spending a lot of time in China. But yeah, China's oil demand is like up by 2 million barrels a day or something like that. Yeah, but they're just going and raping Africa. They don't even need our help. Really?

40:36 I know about the Africa thing, but our help, where are they getting their oil from? Are they getting it from Russia or are they getting it from the US? Russia and Africa, wherever they can get it, best price. And what does that Russian oil trade in? Dollars? I don't know. We obviously don't know much, the two of us. Yeah, we really suck at this, don't we? The problem we have is we cover too much. uh... to wider range of things to be experts in a but all we do is bring up these note you know i kind of a half-baked a look at things and then our listeners come in with the with the with the good sir they do they do say you do it it's this is what's going on a sense of link to some really cool stuff and we read it the two of us and then we and then we need snow we never bring another bring it up at the two of us are very knowledgeable let me see i did have some notes on the second

41:34 I thought I kept some notes from stuff people sent us. Oh yeah, so that was the Monsanto thing. Yeah, the Monsanto thing. I brought that up. Yeah, the Monsanto. I know, I got about ten emails, people saying, what are you talking about? They're going to start suing people. They're already suing them and they have cases that go way back. You know, somebody plants a bunch of Monsanto crazy wheat. And by the way, we blogged an interesting one where it turns out that Did you see that piece I think it ran in England about how some of this wheat that's got the built-in pesticide in the wheat? Yeah, well, yeah, exactly. So you can throw the Monsanto developed pesticide onto it and it won't kill it.

42:15 Right, won't kill the... That's right. Yeah, that's what it was. I thought there was one that they had the... We gotta get a list. Somebody's got to out there has to know all these different Monsanto products. And I guess Dow Chemicals got stuff too. But what's crazy about it is just, I mean, it's literally a licensing fee. So you buy the seed from Monsanto, you sow your field with it, your crops grow, you know, you, alright, you're all done, and then you harvest your crop, you sell it off, And then of course, either seeds are there or they start growing again or you reseed the land. But then Monsanto says, hey, hold on a second, you're reusing our seed. Now you have to pay your yearly fee, your royalty on using that seed again. Which is just kind of crazy when you think about it.

43:10 Yeah, I don't see anybody, why anybody goes for that deal. But they're also, I thought, suing people when they have a blowover. Like some guy will plant a big field, you know, multiple acres and then some of the seeds get in his neighbor's yard and the next thing you know... Right. And I read some stories of people who had helicopters come over their field, You know, of course black helicopters drop fertilizer to see if it killed a patch and if it didn't kill a patch then they knew that it'd have to go raid the place because they were clearly using Monsanto seed illegally. Oh, I didn't get that memo. Yeah, that's a good one. That's it. Choppers like that's that's a vandalism.

43:49 Yes, that's correct John and now on to round two. They should be gunning down those choppers This is why we need to be armed to the teeth in this country by the way In this country too, by the way I'm reminding you people go. Oh, you know you can't assault weapons are bad and all this stuff. Hey the DC gun ban If you, if you, sorry? The DC gun ban has dropped, you know that right? Yeah, I know. So, which would be, you know, I mean I don't think people should be just shooting their gun every which way, but the, I'm reminded when people talk about well, you know, you have to, gun has to be for hunting or you know, personally, it could be maybe. Shooting Monsanto helicopters, dude.

44:32 Yeah, that's what I'm thinking. You should have a Gatling gun. But I don't see anything wrong with having some of these high-powered weapons. If you look at the history of this country, Henry Clay, and the thing is everybody, they want to throw everyone in jail nowadays instead of just telling them to stop. There's some kid that got arrested for something recently. It's just like, why didn't you just tell him to stop? Well, you know the FEMA has 800 jails empty and ready to go, right? Yeah, well that's what they say. I think that's bull. Every time I've researched that it's always been a crock. Oh really? Anyway, but the point is Henry Clay back, you know, before the Civil War used to have a cannon in front of his house that he'd fill up with bottles and, you know, chain link.

45:16 and whatever he could stick in the thing. And because he was an abolitionist in an area of Kentucky where it wasn't appreciated, so they tried to arrest him once. And so he held off the local sheriff by firing this cannon at everybody. Perfectly legal. They finally said, well, let's forget it. So they never followed up on their wanting to arrest him for some trumped up charge. But in today's world, no, you'd bring in the army and you'd burn down the place, shoot the guy's wife. I mean, who knows? You're sounding more and more radical, my friend. I sound like a nutball, yeah. Yeah, but I'm enjoying it. I'm just sitting back going, yeah, go John, I'm there. Take the red pill, man, down the rabbit hole. That's right. Oh, your awakening has begun.

46:07 Well, I always like to bring up the Gary Weaver thing because it comes up, it came up in the conversation at dinner last night and it's always like... I had heard of this guy. What was that in the 70s? Mid-70s? No, no, it was later than that. It was during the Clinton administration as I recall. And, you know, Clinton managed to kill a bunch of people in Waco or what's her name? Gen-a-rino. Yeah. And then, you know, this Gary Weaver was some tax evader and instead of just, you know, Saying well, you know why don't we just grab him when he's in town sometime they decided to lay siege to his compound Which is a total waste of a taxpayer's money and then some sharpshooter gunned down his wife? Oh, it's there with it with a kid Yeah, and claims it was under orders to shoot her, but nobody takes credit for giving the orders They know who the guy is why isn't he in jail?

47:02 And what was the... I just don't get why... And why did they want him? What did they want him for? Basically, the government committed murder. Because she wasn't under indictment or anything. She wasn't trying to escape. What was the point of shooting her? So they shoot this woman dead, the government, and then nothing comes of it. And well, I don't know, it was under orders, oh well, you know, just the way it goes. Mistakes can be made, blah, blah, blah, blah. Under orders? That's what the Germans used to say. Just taking orders. We didn't know. But the point is, murder was committed, no charges were filed, meanwhile some kid, you know, writes on a sidewalk with chalk, and he's charged as a felon. I mean, I don't mind that they don't follow through on some things, but why are they picking on these kids?

47:54 We had one... Because they're our future, John. I believe the children are our future. There was some kid, it was on the blog the other day, I gotta think about it. That was one of the new human rights that was in the Lisbon Treaty, which is basically supposed to be the new European Constitution. The government has the right to arrest your kids if they need to be disciplined. They can incarcerate your kids if they... That's in the... where is that? Don't make me go get the documents. It's in there. What's funny is, you know, it's in what they call the... it's the amendments. You have the document, then you have the amendments, then you have the protocols. And these amendments is where all the human rights... so the human rights are listed in the document, but the amendments to the human rights

48:44 are separate documents and so even though they're not technically a part of it they are considered to be legal and you know I've questioned different ministers about this and they'll say well yeah you know so basically we'd go by those first and if those don't apply to the member state then you know a person could take it all the way to the high court in Brussels I'm like what the fuck good is that? But that's what they keep coming back to. At any point, you don't agree with the amendments that are kind of the basic guidelines which we don't have to adhere to. But if we do decide to adhere to them, then you can go fight it in Brussels. Well, thanks. Yeah, that's a winner. You said like fascist state takeover, man. I think you may be very right. I think so.

49:29 So, here's the one I was talking about. Minnesota teen charged with felony for eBay joke. This is a kid, or he's actually a college student, he says he put up his vote, which is actually kind of seems to be a freedom of speech issue if you ask me. He put up his vote for sale for the fall presidential election. And, uh, you can get about $10 in exchange for voting for the bidder's preferred candidate. I'm sure that's illegal. Yeah, it is illegal. He never got any bids. But again, it's one of those situations, yeah, it's illegal. Nobody knows what's legal and illegal anymore anyway.

50:10 Because the education system doesn't teach you. So they found some 1893 law that's essentially a dead letter law, but they decided that pushing on this kid is a felony, so he loses his vote forever. And instead of what you do in a normal society, you say, kid, it's still legal to do that, dork. Take it off the thing and get out of here. But no, they're gonna prosecute the kid, waste the taxpayer's money, go through a whole big deal. And then I did a little research and found out that the Secretary of State in Minnesota has all kinds of kind of sketchy things he's been doing. And it's just like he's being investigated and there's a scandal.

50:50 It's unbelievable. A quick search brings up an article from October 14, 2000, where the Chicago Board of Election Commissioners planned to file a lawsuit against VoteAuction.com, which was kind of a goof, I guess. It must have been. I've always felt that these guys are worried sick about somebody selling their vote or whatever, but they're... It's irrelevant. Well, it is irrelevant, but there's also, what if they're not checking, meanwhile they don't want to check IDs because we shouldn't have to check an ID, you should be able to just waltz in and say you're somebody. I don't personally get that either. And I don't know, I think it's crazy. Let's just go back to that one spot there, and we've been talking about Obama for a while, and not in a, God, it's amazing some people call us undercover Republicans.

51:47 But, uh... Aren't we? No, not really. No. Now we're undercover libertarians. Libertarians I think is much closer. Typical libertarian crackpots. Yeah, I'm a Ron Paul-ite. Yeah, you're a Paul-ite. I'm a Paul-ite, yeah. A Paul-i-lian. A liver Paul-ian. Anyway, Obama, so first of all, you know, so here's what I've seen happen in the past month. Obama says, I'm not going to take advantage of public funds, I'm going to raise all my money through the people. Yeah, because you can get a lot more. Right. So then next up it's like, alright, it's going to cost about $500 million for his campaign, and he says, hey, the $92 million you can get from public funds, that's just not enough to become president these days. That's not what a campaign costs. So the number turns out, as reported, about $500 million, and McCain will probably also need $500 million.

52:41 And so I'm sure that Obama then turns around and starts talking to people and say, how much did we get on that website again? And then all of a sudden it's like, well, maybe I shouldn't back, or maybe I should just let this FISA bill kind of go through. And the war in Iraq, well, this summer I'm gonna think about maybe doing something in 16 months. I mean, the guy's totally turning around. He's becoming a politician? Yeah, but it's like I hope people see this Well, according to a Robert Novak column that ran a week or two ago, Obama makes a big scene about, I don't want special interest groups, I'm not going to take any money from lobbyists. They've been soliciting lobbyists. In fact, one guy refused to give them any money and they got a second solicitation signed by Obama, supposedly. Signed by Obama himself? Well, I mean, these guys don't have time to sign anything. Obama has been lobbying the

53:44 the trade unions, no wait a minute, I'm sorry, lobbying Tesco over here. Lobbying Tesco to allow trade unions to operate the, you know those new stores we talked about? The Fresh and Plenty or the Good and Groovy, whatever it was? Yeah, yeah, right, we had a whole, yeah. The places that we determine are probably going to crap out because they don't know what they're doing in the USA. Right, but Obama, he's been making public bids because obviously he wants the trade unions to back him and I'm sure that they also contribute a lot of money. They're not going to be able to reunionize a store like that. They'll lose whatever money they make. It's too small. That's what Obama's been doing, lobbying Tesco. Window dressing.

54:36 Why is he lobbying Tesco? Why isn't he lobbying Toyota? I don't know. I mean, I think those Toyota factories in the US aren't union as far as I know. It doesn't matter. No matter who becomes president, the stock market takes off, which means of course oil has to drop, right? That's what's going to happen after the election? I think oil is going to drop before the election. I so don't think so. No way! I really don't see that happening. Yeah, it has to. November election, if the oil prices remained as high as they are into November, then they have the winter that they can keep them propped up even longer. It would be a disaster. I think that's where we're headed, dude. I don't see why oil would let up. I mean, the future is all the way into... You think it's going to go to $1,000 a barrel? Is that what you're suggesting? No, but I'm saying that I totally think we'll still hit $200 by the end of the year.

55:28 I think 200 number comes up too often. I don't think it's ever going to hit 200. And if it does, then it's going to collapse the next day. I just don't see it. I'm just seeing too much. I mean, I listen to Michael Greenberger and I hear all this other, you know, these, I mean, there are two schools of thought about, you know, whether it's how much manipulation is taking place. But it just seems like the whole thing is rigged and ready to fall. And the guy that's head of shale came out the other day and said, hey, this is bold. These prices, you know, they should be 80 bucks. Yeah, but a lot of that is also tied to the value of the dollar. I mean, with every micro penny the dollar devalues, the oil automatically has to become more expensive. Surely that's a part of it. Surely, even the rumor... Don't call me surely. Sorry. Roger, over.

56:26 Yeah, maybe. I don't know. You're going to have to... All I know is that there's supposedly horrible manipulators in Dubai and London that are responsible for all this. Well, yeah. It's the World Bank. The guys who buy it out of the ground and put it into the trading system. Well, they're manipulating. What goes up must come down is all I know. But just like the balloon guy, you can go up to those 70-47s before you come down. Well, you could, but that's hope, not God. Although, you know, I have to say, since I don't really make a, I don't have a long commute generally, and I'm close in, my house is close in where the real estate should actually go up. Typically when you really have a pinch,

57:15 It benefits, it's actually somewhat beneficial in some ways to some people. And why would it benefit you? Well because I don't have to sit in traffic. Yes, okay good one. That's a huge benefit, you have no idea. Yeah, I agree. And my house is located in a place that if people have to be closer to San Francisco, this is a good area. as opposed to San Ramon, which is like, you know, another hour from here. People commute into San Francisco from towns that are, you know, 60, 70 miles away. It's unbelievable. I'm 17. Actually, I'm about, let's see, five, six, but I'm about 11 miles from downtown San Francisco. Well, I certainly hope your version of the future is more correct than mine, but I'm really, I'm just not seeing it. No, it's obvious you're not seeing it. That's the only reason that this show's interesting.

58:15 But you could be right, they went up to $250 a barrel or something like that, which if these guys were any good they might be able to do it. But they're already putting the kibosh on it with some legislation, looks like it's going to pass. Yeah, but that won't pass until, was it December? Something like that? But again, I don't know. And I base some of these thoughts on a piece of video that I saw by this guy named, I think Lindsey Williams, have you heard of him? What's it about? Lindsey Williams was a pastor on the... It's not one of those zero point, tipping point oil, zero oil, what's it called? Peak oil?

58:59 peak oil? No, no, quite the opposite in fact. Now, quite the opposite. Now he says he was there as a pastor for three years in Alaska when they struck the largest oil field in the world and he was there because he was a trustee of one of the, I forget the name of the oil company at the time, sure by now it's BP, you know whatever, it's become Exxon. Anyway, he was there when all of the big top oilmen were celebrating and saying, oh this is great, America will have no more independence on foreign oil. And the next day they said, no you can't talk about it, we're putting the kibosh on it, it can never come out. And the whole theory behind it is he tells it, the guy's like 60 or 70 years old, and he's now coming out with this. He says because he was explained to him, but he witnessed

59:52 how the whole deal was set up with the Saudis when Kissinger went out and made the deal with them. Look, we'll make you rich, we'll buy all your oil only if you trade it in dollars and then you have to buy our national, you know, a piece of that money you take to buy back our national debt. And that's how he gets into this whole thing about Iran and he says, you know, Iran is threatened with this cheap oil and even worse the whole point is it can't be traded in euros and that's if you look at the timeline and I went back and looked at some of the some Google News articles the first time Iraq was invaded under Bush the first it was literally two months after Saddam Hussein said hey we're gonna start selling our oil in euros

1:00:40 Well, now that sounds right to me. I mean, I don't, you know, I'd be interested in watching that documentary. It's on curry.com, you know, the place where I never blog. Oh, this is one of your rare posts? When I post it, I mean it, Johnny baby. You should get some minions. I don't know. I like the post. I've been using that drop down arrow stuff. The reason I have all these guys, my guys by the way are extremely talented, the guys who post on my blog. I mean every time, in fact the other day, it happens all the time, in fact I think it happens with all of us, because we all have a kind of like-mindedness about some of these things we like to post about. You go and you post something and you hit the button and you go and somebody else has just posted the same thing five minutes earlier. It's really annoying. If you look at that, drop.io slash daily source code, that's kind of become

1:01:35 And it's in a weblog format, by the way. I might even change that over to curry.com because it's so much more entertaining. And all it is, it's either notes, it's links, or it's files. And essentially the public, anyone who wants to, can go to drop.io slash daily source code. and you can put in either a note, a link... Yeah, I gotta set something like this up too. Actually, maybe Bubba would do it for me. But see, this is the beauty, I don't do anything. It's just people who listen to the Daily Source Code are posting stuff about the topics that I'm talking about and also new stuff right in there. And everything's an interesting link. You told me about this weeks and weeks ago and I'm remiss. No, look, dude, I'm just saying, I got my minions, right? Except they're not minions, they're savants. Yeah, I get it, I get it. They're savants, they're highly expert and skilled.

1:02:21 Well, I don't know about that. Here's the ghost. Spells potato with an E. So, how oil prices would come back down? Is this the one you're talking about? Which one are you looking at? Are you looking at curry.com? No, I'm looking at Daily Source Code. No, no, no. For the video? Yeah. No, go to curry.com and look for the video that says the non-oil crisis or something like that. It's about an hour and ten minutes. I have a total subscriber that's having worked at an oil refinery and then been an air pollution inspector at another oil refinery. I'm fairly familiar with the stuff that goes on, having been in one too many meetings. And this peak oil thing is bull. Well, that's exactly, that's what this Lindsey Williams even says. That's misinformation that the oil companies have put out there to throw you off track. It's absolutely not true. The peak oil is not true.

1:03:21 So it's the one where the new capitalist pyramid? No, it's... No, no, no, the Energy Non-Crisis posted on last Sunday, June 29th. Oh. It's fantastic. You'll like it. Oh, there it is. Oh, and that guy. He looks, you know, like a priest. He looks respectable, doesn't he? I mean, you want to believe the guy right off the bat. Alright, I'll tell you what. Why don't I go watch the 9-11 debunking show and you go watch Lindsay Williams which I encourage everyone to do by the way if you want to find this video go to curry.com and scroll down to about five... go to curry.com if you want the source and while you're at it subscribe to that blog which will automatically if you put that into your aggregator give you the daily source code and no agenda and tech 5 all in one feed imagine how cool that is then you just go ahead and subscribe

1:04:20 So, um, you have to go watch that thing now? Is that what time it is? Yeah, we've been at it for an hour, John. Okay, well that's good enough for this week. Yeah, this was kind of an orienting show. We've got to set each other up to look at some more stuff during the week. Yeah, okay, well next Sunday we'll be doing this again. And it's on Sunday, not Saturday? Well, yeah, I said next week, but I hope to be not stuck at an airport and get it, you know, so it'll be in the morning. Or a little earlier for me anyway. So sign us off. Okay, hold on. Here we go. So next Sunday, not Saturday? Yeah, same thing. Okay, what are you doing? May I ask? Yeah, my daughter's birthday. Oh, okay. Well, shit. Family first. Well, no agenda family comes second. But then there's a whole lot of nothing, but then all the rest.

1:05:17 Right, you got it. Alright, coming to you from the affluent suburb of Surrey known as Guilford, I'm Adam Curry. And from Northern California, I'm John C. Dvorak. And we'll talk again next week on No Agenda.