Corked Wine

00:02 It's Saturday night. While everyone is partying till dawn, two guys are home alone and they don't know nothing about anything! It's time once again for No Agenda where I get to ask if we've reached the bottom yet? From the Curry Condo in the flight path of The Blue Angels and Gitmo Nation West...I'm Adam Curry And I am John C. Dvorak at the bottom in Northern Silicon Valley just sitting here at the bottom and by the way it's comfy down here Oh man, how you doing? Saturday night. It's 915. We are losers dude!

00:47 Then this is the truth by the way, projectile vomiting on one of the other passengers. Did they do an announcement? Ladies and gentlemen we're delayed due to projectile vomiting. Hopefully you were up front in first class. I wasn't in first, but I couldn't get it was packed by God was I wasn't row three so anyways Whatever the case was what? The most irksome part is that we took a flight path on the way back to took us West of the Golden Gate Bridge over San Francisco on a very clear day if it was an hour earlier I would have had some of the most spectacular photos ever. Yeah, but you know why that's because they have temporary restricted area over all of that for the air show Oh no never get that route again! Well if you fly tomorrow you might oh yeah

01:43 Now that you mention it, you're right. I've never been on that route before. Yeah, I'm sure it had to do with the temporary restrictions. It was a great view! I know, I was talking to Patricia and I said because the blue angels were literally flying past the house here this afternoon and I'm like holding up the laptop so she can see it and beautiful clear blue sky and then these planes vibing through yeah cool You didn't go to the event? I didn't go today, first of all because this thing has been going around the office. This Petri dish of ours and my head was filled with just gunk and had a sore throat so I slept in a little bit and actually got really inspired

02:31 and recorded an almost two hour daily source code. It seems... Well, there's a lot of good music in it but it seems like the more I see and the more I witness around me, the more pissed off I get. And I realize that it is great release! I got to like, ahh!! Yeah, let it out. Let it out. So anyway, well you're going tomorrow? Tomorrow probably yeah. Of course, I'm only getting just the tail end of these guys' lives. You gotta go down with a big crowd Yeah, I want to. That's over by the Presidio right? Right and you gotta get there early and then we'll talk about it later Alright you gonna come with me? You wanna... No no I got uh..no I'm way behind here Oh I mean maybe Oh gee

03:15 so that's not how you want your day to to read respond yet i may be so uh... is only we have a way back up here for our fans if he would wanna call on that are listeners with the or are handling the indeed is droppers yes okay i just say john by the way about that by setting on a meeting with them moody and uh... jennifer and actually steve of i think was in there We are so kicking ass. Between all the cross-pollination, pollinization we're doing with Daily Source Code and No Agenda and the Tech 5 Top Five... And what you did, the excellent promotion you gave on Twit the other week and Cranky Geeks Dude! We've got our own little mini Fox Network

04:00 Yeah. We're totally kicking ass, in fact I turn down advertising and say no no you guys weren't there for us when we were small. They weren't? We won't do any of your crappy ads! We got t-shirts to sell. Yeah exactly So anyway by the way and i want people know that we're gonna have a T shirt offering it'll be announced on both the adamcurry dot com or curry dot com and uh... and the Dvorak blog Really?! Oh this is great this news Have you talked to Chris Mack No, no Chris Mac did he doesn't do fulfillment anymore? I found another guy who offered to do it for us and he's gonna do the whole thing He'll set up the store and sell this all we have to is design a couple of sure Oh, yeah, kind of come with a good idea. I got some good ideas I got one day I've been but one of my would be one of them top ones I want to do and I've got it designed already which is I visited get Monation And all I got was this lousy t-shirt and a beating

04:49 And waterboarding it should be something more like that. Well, you know I was thinking about the water boarding I'm gonna do something else because it doesn't ring as nicely as you know, I could put a waterboard How about I got? You know what? All I got was tasered I could do we can do like two of them and test whether people want to brag about being Water boarded or beaten or how about tased Do they tase people over at Gitmo dude Why don't we just have it why would just have whatever on the front and on the back will just have don't tase me bro Okay, so well the back cut you cost more money. That's not relating to you Have you never seen that YouTube video of the guy who asked? John Kerry everybody saw that blog don't tase me bro okay So anyway which we were behind on both them the merchandising were behind on three restaurant reviews or at least two official ones and

05:38 And then we're also behind on the last debate which was so crappy, we decided not to do it's show right afterwards because it was like who cares. It is obvious now to both of us that these guys are coached not to screw... Oh yeah I was afraid this might happen. You there? Yeah. Oh good. Excuse me? Yeah for a second. I apologize. I tried to get this hardwired And I've got 180 degrees of glass here. I'm receiving every single frickin Wi-Fi in San Francisco and they tell see now it's already gone in and out again crap, I hate this It happens the most inopportune moments. Okay? So let me see if I can get John back here

06:24 Alright, you're back. Go ahead Okay so what was I talking about when you were so rudely interrupted? We were talking about the restaurants that we... Oh yeah okay should we start with the restaurants? You know this is gonna be-we don't want to make this show ten hours long No But we have to decide It's not like it'll get late or anything Here's one, just like throw in there, we had lunch yesterday at the steakhouse What's its name Acme. Acme? Acme Steakhouse, and where you of course are the food expert and wine aficionado I've gotten pretty good at picking out great things on the menu and i had baby back ribs at acme steak house which were unfrickin believable this is place that's a candlestick park yeah

07:11 Would you agree? Yeah, no they were delicious. They were good They were cooked slow-cooked for a really long time or there fell right off I think probably bought part did the way it was reflecting on this dish They weren't barbecued necessarily because they didn't have smoke ring or any evidence that they would have been read But they obviously I think were parboiled for a long time and then slow cook baked or with something like that There were actually quite good My wife does a version of that style style and uh... that's pretty much the way i was never had a tasty yeah never had it that way in a delivery just kind of like almost fell off the bone which is because of well did you know yet it does infected tension shaking at me for a couple alright but that that was not actually a place to enter for review no nobody really we've always actually have we've got a number of meals there in his functional it's a good little restaurant

08:00 If you want a piece of meat, they got steaks there that are nice. Yeah, it was the anniversary Zinfandel from Geyser. It was the Ridge Geyserville Zin. I think it was a 2005-2006 one of the two and yeah, the Ridge Zinfandels are always like that they have that same character they're very tasty and I realized at the time when I ordered it you probably haven't been really acquainted with a lot this style of wine? Well, actually Zinfandel's Patricia and I have used to drink quite a lot of you know for us like a bottle a month maybe

08:46 But the alcohol content seemed a little bit higher. Well, you know the problem right now with Zinfandel I think that the killer Problem was Zinfandels is that they all they're not keeping the alcohols down and i think a lot of it has to do With high-tech yeasts That they're using which jack up the alcohol and in the olden days They used to throw You know when they used to make zin in The backyards And these again there's small wineries They use to cool off the must by throwing in blocks of ice. And actually when wine is made watered down a little bit during the process of the winemaking, it incorporates the water quite nicely. In fact I've done this with some wines and people out there who have these really dark ones you see that the alcohol is 15-5 or something like that

09:33 you can put some water in there, like a third water and you'll notice it. And sometimes it makes the wine taste better which is weird but the absolute weirdest part about with some of these extremely dark wines for those of you out there who like to bluff, you can take one of these blockbuster wines that comes out of the bottle almost black and put about 1 10th of a glass just a little bit at the bottom of a wine glass and then fill it up with water And it looks like you've got a glass of red wine because there's so much, the wines are so inky that you can look like your drinking a lot when your not. One of the keys to success in parties I might say is to look like you're drinking.

10:22 But not necessarily drinking. I mean, I go to some of these events and for one thing you can't drive around drunk anymore. Oh damn! I hate that when you were a kid you could drive around drunk all you wanted man. That was good times. No, I never drove around drunk but i'm saying that we used to drive around...I used to work a couple of like swing shift or graveyard things and you had to drive home With these drunks on the road and they're all over the place and you would just you know, I know got used to it when You do either graveyard shift on the radio or the morning show the morning show especially It's like yeah, you're going to work at 4 in the morning man. That's when the idiots are there are on the road Great. Hey, let me just ask you a question about the Zinfandel. It's almost like a sparkly type quality where does that come from? Sometimes you get a little malolactic taking place in the bottle it's that one wasn't very extreme so it is actually a flaw

11:10 that you can send the wine back if it's too bubbly. You don't want a red wine that has any carbonation, natural carbonation because of fermentation that takes place in the bottle. With white wine is pretty hard to call it a flaw because some wines are actually designed to do that. Nice. Well, it was a good one I liked it. No, it was very tasty and what I liked about is that they used to call at least in the trade field blend because in the olden days when people made Zinfandel for the family or whatever they had their own little vineyard in the back yard, the blend of the grapes were actually in the vineyard

11:46 They wouldn't pick like, you know, batches in and then something else or something else and blend them. They were all just mixed up You'd have a Zinfandel plant next to a carrying yarn plant next to whatever So this was the Acme Steakhouse Zinfandel as we had for lunch It was in nice quality The name again? And the price John? it was a ridge Geyserville Zin and the price I think, if you went out and bought this wine it would be probably around $14.00. It's not one of their expensive zins. It was good though very nice for lunch now yeah no it was perfect so at the beginning of my stay here in San Francisco we went to the Ritz Carlton right

12:32 And so this is, now we believe the chef may... was that a new chef or did he...? Well you know I didn't do any research afterwards but you know the...I don't who this chef was but he had a couple of techniques that were unbelievably great in the way he cooked meat. uh... in and he had a pork thing that i ordered was just astonishing your you had something it was really good no no no no it was ok but it wasn't amid the my problem was working for question there is all the other stuff that he didn't make any labors at all we have the wrong combinations yet and and it's been so long now i can remember but it was like you know sometimes

13:09 like apple and cheese goes together, like peanut butter and chocolate you know that kind of thing? And he was trying to make that but it was falling flat. Oh no I would say it was one of the most disappointing meals I've had in a high-end restaurant...and I liked that place! But it was one of the most disappointing meals I've had at a high end restaurant in six months or year. What's funny is so you'd gotten quarters because we don't valet, we're cheap asses and you were putting quarters into the, you were feeding the meter. And I hear someone ask this kind of like a greeter at the main entrance so here's what they say hey what was all those secret service her yesterday? And she said oh i'm sorry ma'am we have to protect uh... the identity of our guests and really can't hand out that information So over talking to the guy at the restaurant waiting for table and I say hey yeah it was on the Secret Service about yesterday says Oh! That was Schwarzenegger he was here yay showed up unannounced

14:02 Like what a bogus, bogus security. Yeah well that was funny now the other thing that was weird about that restaurant Moving right along The other thing that was weird, uh... that was the fact that the wine steward first we ordered a cherry picked wine which I always do and people have been out to dinner with me know i'd do this constantly. I find some winner on the list as just a killer they don't have it. Not available not available and by killer its the right one at great price Right so usually it just stands out like sore thumb like wow! So of course they're out

14:39 So he comes back with a substitute wine thing and then I, but there was a wine specifically that I don't like. And you know it's just the one I don't think much of and so he comes back with the third wine that he says will give us which is more little more expensive to give us at the other price but he has a decanter out and what it was, the second wine of Coss D'Ester. He said oh you know you really should decant this its really... we're like no yes because I always say that I don't think decanting is necessary ninety percent of the time so i think it's pretentious and all the guys John we never decant! We are just not like that! We are like the French man who drink that shit almost right out of the bottle

15:19 Pretty close. So anyway, but you know these places they got to show off so anyways he's going to decant the wine this is a Pagodes de Cos by the way if anyone wants to know it was in 1998 functional wine Anyway so he goes through this rigamarole and decants it and pretty much dumps the whole bottle of wine into the decanter there wasn't any sludge in the bottle at all from what I could tell And so then he's sniffing and swirling and sniffing, he gives me the wine. He was really doing a whole number... I'm just sitting here going uh luckily i was high as a kite so that helped So he throws down the glass and I take one sniff, and of course I probably was acting a little British under your influence. And kind of understated my concern for this wine which was terribly corked. I think it's corked! This is not entirely right, my dear friend. No actually what I said specifically was...

16:17 Because he'd already, you know checked it out and most wine stewards would just immediately take the bottle back. He actually took a sip first! Yeah and he gives me the wine I check it out and I say which is a way to put if you want to kind of slightly... So I said to him exactly this so you don't think this wine is corked. That's true you did say that after he had just taken the first swig of our wine So he takes another check of it, you know. And the weird thing was that wine got... It got worse with a minute! Yeah. It took off and became so corked that it was going to stink up the whole place. Explain to people what that means? Corked wine is a chemical called TPA that's found in this actually, it's a weird contaminate

17:10 Used to only come from corks that were rotting and it tastes and it smells like and tastes like a rotting Cork if you can imagine what a rotten cork tastes like And it has a horrible stench, and it has a terrible flavor, and it kills any of the fruit The wine might have now the thing that's interesting they discovered this actually a French winemaker was also a chemist and discovered some years back, I think in the mid-90s that this product is chemical TPA which i don't have a bit of can't think of the chemical name for it seems to show up in in some forms of paint and so when wineries are painted just the evaporation of the paint gets into the wine huh? Gets into the wine. In fact 1997

18:00 and BV Private Reserve here in the Napa Valley because of something, one of these incidents of paint or something like that. The entire batch of 1996-1997 which is one of the great years in California, Boole U sent out a note that if you have any of it, you want to bring it back for a swap we'll give ya something else because y'know we're sorry. Wow! That's a big deal yeah Hey, do you want to do all the restaurants or something else and come back later? Well I think we should... yeah let's just get them out of the way. And people don't want to listen to our political crap. They can turn it off after we're done. Okay now where do we have dinner next? Let me finish this because there was one... You know i figured after insulting the wine waiter he didn't mean what he said. No no you were right! Because five minutes later the glass that he poured for me was horrible

18:56 So anyway, so he came back with a good bottle and then he wouldn't talk to us for awhile but then finally swallowed his pride and came back was more friendly. And then we went through the meal which was always these weird flavor combinations that didn't work at all. And then in the end he turned us on to a Calvados. Yes you're right Which is one of the cheapest ones on this list and I have to go get the name or something because it's like...I'm not a calvados guy It was unbelievably great! Yeah it was good. It was really good I've never had a calvados as good as that. There was something good for dessert, too... Yeah.. I'm blanking on the dessert. I can't remember. So then anyway the next thing we did is have lunch at Fringal and it was tasteless and I was very disappointed. And they do have a new chef there? Yeah! I'm not sure he was working that day but whatever the case was it seems like hey buddy you know salt

19:53 Or marinate something for a second. I had chicken, it sucked! It was just... Yeah it was not...it was just a piece of chicken. No good no good So now I was disappointed there and you know the place has been a little spotty recently I mean they've had some really good food there and we've had some great lunches there And I was extremely disappointed. I'm wondering whether the chef was working A lot of these restaurants, they don't do well with the chef gone. We need to send Gordon over. Straighten those guys out! There's no passion in your cooking man! And then we went to a place that's fairly famous, a newer restaurant in San Francisco that people might want to check out when they're here. Because it is really very... especially if you are French this place every time I go there I go God! You know? I could be in Paris eating because its French and not like a Frenchy way with bunch of French posters and things like that It just has weird French feel to it. No Aided Piaf songs either

20:51 Right, none of the cornball stuff. But it just feels French if you've been to France enough you go in there and you go wow this place I don't know what it is but... It's small very small Yeah very small. Like 50 tables maybe not even 30 tables? Yeah something like that called Quince and I've been there I think three times And its a really good restaurant got was one of the first Michelin starred restaurants in San Francisco uh... i you like it a little better than I did, I still wasn't jacked up. We went for the tasting menu which is always kind of an adventure because you're getting a little bit everything and I have to say the way that proportions were set in and just when I was saying are we getting any more after this said no this is the last one and was like okay thats perfect it was the right amount of food for me

21:40 We didn't do the matching so you don't get a specific glass of wine or whatever it is for each tasting menu. We selected our own which was pretty good! What was it? It was a Vaca Reyes is what it was. Actually, I have to give the guy credit because you noticed this immediately and I thought that was interesting that you noticed And it was a cheap wine We're talking about a wine in first class restaurant for $40 Yeah, you were pointing at something more like 100 dollars So we were discussing the list and he said No, no, no You should really try this one This is good Yeah, it's like 40 bucks Yeah, he downsold us. And to me a wine steward that down sells you is a wine steward you can trust.

22:23 And the wine was outstanding, because this particular wine is usually nothing special. It's just kind of a drinking wine which by the way when you have a tasting menu if you take people out there to go for the tasting menu generally speaking you don't want a wine that overpowers the food and chefs hate it when people order Lafitte Rothschild or some killer wine that actually distracts from the artistry of their tasting menu. They'd rather have you have something functional that it just basically washes the food down, slightly neutral not a bad wine but nothing so you're not going ooh and ah over the wine all night. I mean they don't like... That's not what your taking a tasting menu for. You should be having an inexpensive functionally good wine with a tasting menu not some stunning $500 bottle that just blows your head off

23:18 Anyway, that's a little tip. It was good I can't quite remember I remember the every single dish I liked but I don't really remember them You know this it just takes too long. There were too many pasta Starchy dishes for my taste there was a spaghetti thing that had some pieces of meat in it and I didn't like that Yeah, I like soup was good. Oh, the dungeness crab soup was outstanding because it didn't have any by crappy taste you know no no c forty taste it was just always really good fantastic at the end there were some sort of a meat dishes some sort that was uh... because we are scurred staggering or state is only a cut in the small slices of his reaction quite nice and um... for wisdom actually was a fattier because i can remember but anyway and then they had uh... uh...

24:05 some nice desserts. It was a good place for people to check out and it wasn't overly expensive either, it wasn't cheap but the Ritz Carlton... Was that the Ritz? Yeah! That was more expensive yeah and probably less satisfying except for the Calvados which is whoa! You can't live on Calvados alone No you have that at the bar Oh wow. So are we having one more dinner before I leave, Monday? You're leaving on Monday? No, we're eating on Monday aren't we? Yeah Okay where are we going? There's a new place called something like...I actually can't remember the name of it It has some three letter names We're gonna be adventurous

24:56 Yeah, well this place. I've seen it crops up in the conversation every so often and then I think you know I should check this place out where we're gonna go up to Cyrus Up in Healdsburg which is one of the great restaurants in California? but it just seemed like did too much of too much work and So will do this place. It's called IDa or ice or something like that looking for these I should know the name off the top my head But you know I just You know, as guys are very experimental everything's going to be kind of avant-garde. Oh boy! This fusion and it gets a lot of good reviews. You're not gonna leave me with literally with a bad taste in my mouth ISA is what it's called on Steiner Street Is that it? Yeah I'm looking at the internet That's pretty cool we use OpenTable.com

25:43 Yeah, you get points. Now there's an interesting thing about OpenTable, you get like a hundred points every time you book something... What are these points for? I don't know can you win a bike? They've never shown me that list of teddy bears or anything i can get for all these points or free meal A bike man! We're gonna save it for the bike. I mean I don't get what this point is they said you now got four thousand points with the banana saddle So what?! One of those choppers. What am I getting for these points I'm always baffled by that. Fantastic! And the weird part about it, because they give you these points or whatever they mean is that there's got to be something... They have these occasional...I only did this once and I got a thousand points cause sometimes its 100 points of reservation but if theres special deals like if you go some restaurant thats about to go out of business they'll give you 1000 points Oh! There incentives? I get it! There are incentives but its for what?!

26:37 Get the biggest kick out of that. We got to figure that out what those points hold on we see Maybe should ask them well wouldn't you expect it to be on the website? Well, I you know I never really paid much attention to I just go in there by the way for people out there who are concerned There's a Kind of a belief That there's a back door oh Yeah On open table yeah You've told me about this yeah So if you're doing some sort of a merger or acquisition, book it through your secretary directly. Do yourself a favor. And don't let her use OpenTable either. Right When you've earned enough points to exchange for a dining check spelled with Q-U-E the option to redeem points will appear on your My Profile page when you log in simply click Redeem Points to place your order

27:32 Most dining check requests are processed in fewer than three weeks. Please allow six weeks for delivery! For security reasons, dining checks are sent in plain white envelopes so watch your mail to ensure yours isn't accidentally discarded." Please note... what if this is like a CIA outfit? What's the minimum points you need to get a dining check? Well it doesn't tell you that Yeah right And by the way yes under the FAQs dining points will expire My goodness. Oh, please! Yeah that's bullshit. Anyway whatever yeah it's still convenient so um well there's a lot we could talk about right now well I'm gonna leave it to you because I've got an answer to everything yeah okay have you invested in gold which was smart thank you and I bought some more

28:31 Oh God. Yeah, I told you like Monday... Like Monday I bought more. Yeah, I think we're at rock bottom although I have a bet with one of my broker friends in Massachusetts who actually owns a brokerage he's saying $6000 and the bet my bet is that the market is going to hit $14,000 before it hits $6000 and when the market was at 10-5 and getting a little flaky That's when he gave the idea about, or he says I think it is going to hit 6,000. Well I think it will hit 14 before it hits six so I'll bet you a hundred bucks and then he wouldn't do it because he was chicken but now that it like bounced off 7800 or something and kind of rebounded now its big shot so he took the bet finally. I can see it go into six

29:20 I'm not quite sure what you base that on because of course no one has any information apparently, just looking at CNBC half the day. But i think it'll go to 7500 this week? I think that is totally where they're going to keep the bottom for a while But they have to shock some more. You know my theory, this is completely controlled demolition of the financial system and I'm happy to explain that more but... You know what? You could probably explain it really... I think Daily Source Code ladies and gentlemen you should listen to his show Daily Source Code where he's going to explain that Fuck you

30:03 So I think 6,000 is absolutely possible. Yeah well hey so is a lot...I mean this guy's a professional in the business and he agrees with you So, the thing that just blew me away... You know we talked about uh... Did we talk about last week? We talked about Iceland. About them..about the country basically going bankrupt I think we did No! I don't think we did and the thing is like when reading these stories there are bunch of these Iceland going bankruptsters Going bankrupt what do they do their They were in the banking business That's what it's only three hundred thousand people that live there They were all in the banking business but check it out man because they had high interest rates

30:44 everybody, including all these government services, all the counties in the UK and also I just read in the Netherlands so I'm sure we'll hear about France and other places. Including the London Metropolitan Police had 50 million pounds stored there because of the high interest rate. All those funds are frozen And then Prime Minister Gordon Brown comes out and says, hey you know I'm invoking the terrorism rule on you guys. It's like... What? Yes! He said I'm freezing all assets everything that has to do with Iceland is now considered a terrorist threat He invoked the terrorism law. This is like using RICO for just anything, you know, some women's sewing club. I'm telling you now I understand... Oh this is ridiculous! Yeah, yeah, I'll shoot your link no it's from the BBC It's fucking crazy Unbelievable And this is why they wanted that Lisbon Treaty all set up before October Surprise surprise

31:41 God bless Ireland. Immediately, you know the IMF and the World Bank show up of course. These guys look at them if you see him on C-SPAN or anywhere else they're all smiling because they're like yeah we do this all the time in Africa now I'm gonna do it to the fucking United States! Hey you want a loan? Hey Iceland you want a loan? Yeah if you default on the loan of course will take your firstborn so Iceland says no screw you guys and they go to Russia

32:20 politically this is out of control. Is that what the Icelanders did? They asked for a four billion euro loan from Russia and they said, the IMF and the World Bank said no thank you we don't like your conditions which means of course they'll take all the mineral assets or whatever Iceland has. Some scam. What they've done in Africa all these years economic hitmen style that's what happening yeah until now we have all the G7 financial ministers meeting, tomorrow the EU financial ministers meet and the predictions... And this actually Silvio Berlusconi said this I think it was yesterday and he retracted it a couple hours later. He said you know the financial markets are all going to shut down for a couple days or maybe a week while we figure it all out of course basically rewrite the rules It's been done before

33:15 and uh... but it's funny because he immediately retracted that statement said no not just some i heard on the radio no world leader actually said that this like you have a little bit of an option if you see the red phone ringing at the end of all the italian shit quiet about doing what do you do when you did ship and uh... in the also then of course uh... they'll uh... fix the whole system emphasis on fixed dude we can now borrow our own money at interest This is so cool. So our tax money goes into the banks and then the banks will lend it to you for a fee! It's nuts! It's genius! Yeah, of course! For the people who own the world... Oh man

34:03 Well, the Iceland thing has fascinated me because I guess there's some billionaire there who screwed things up. You know, I've been to Iceland...I think I've been there twice. They over-leveraged! That's what everyone else did except... Yeah they got suckered. Of course they got suckered By the way, there was a funny article with one of these banking groups that wasn't the IMF it was some other big overseas group and they ranked all the banks this is blogged by the way on Dvorak dot org slash blog look it up anyway they ranked all the banks in the world and Canada came in number one because they didn't buy into any of this crap and we're... Britain came in 44th, we came in 40. That makes sense! So he came in forty yeah and the you know I like I said Great Britain came in 44 but we came in forty just below Namibia The Namibians have a better banking system than we have what is wrong with this picture?

35:01 Well, I think they're rolling it all up man. They're all rolling it up into one system They're gonna rewrite the rules and that'll be based on carbon credits We have a we have one of the bloggers One of my editors on the Dvorak dot org slash blog to work uncensored site had has picked up on the over this weekend There's a rumor going around they're gonna try to make an international banking system of some sort that works better well Yeah, isn't what I just said Yeah, that's what you just said. That's what you've been saying for a while yeah And it'll be based on carbon credits I read those 451 pages John and anywhile the media is like oh there's wooden arrowheads blahblahblahblah If you actually look into this thing man It's it's just hand it all over go ahead Go make it they're gonna They're just gonna make up one banking system. It'll all be rolled off at the top what?

35:54 Carbon credits, what a scam! Yeah but that's what it is going to be. It is already in this bill they are setting up Think about it Gold of course we know won't work anymore because there probably not enough gold to cover all the crap and all the paper that out there so if you take carbon credits you can set a random number and say you know thats the limit we cant have any more just have the IPCC drop some stupid stupid document and we'll all buy it like idiots. Have Al Gore do a video clip and we'll go along like stupid sheep." And you know who, one of the guys behind it if there's any floating around anyone out there can check it out which is George Soros being interviewed by... Excuse me how long have I been telling you that George Soros is in this whole game?

36:42 You've always, this is one of your themes. Yes thank you I never denied that he's got some influence Some influence? So he was on the Bill Moyers who's you know Bill Moyers who is just character that, I mean he's like an interviewer that is like...I have mixed feelings about him. He gets good people but he's always so like you know kind of befuddled by everything in fact most of the people in the media when it comes to like if even bring up you know default credit swaps and how those work... Oh oh oh oh what's that? I don't understand!

37:18 They don't get it, they don't know. They don't want to know. Anyway so Soros is on Moyers and he's like going on and on and on and be good you know? So it all sounds pretty good because he sounds like he has a grip on it. And then here comes... And then he turns into a reptile! Carbon credits! Exactly there ya go! The international banking system. This is like, this is trading...this is just completely...to me it's baffling how he's talking about the emperor has no clothes there's no such thing I mean carbon credits dude it's like a total control freak thing it's ridiculous and people love this. Oh yeah, let me do my part to save the world! Yes, I can... Carbon footprint? You want to reduce my carbon footprint?! When you book EasyJet right which is the website is easy, flying is easy but the prices are getting out of control of course

38:08 just general commodity prices, etc. But you've got a... You know? You buy ticket and get all these extra taxes and then it actually says they have the after you booked, oh I only have two suitcases so there will be 24 pounds Then they had the audacity to say hey! You can reduce all of your carbon usage on this flight that'll be another 50 pounds And they're actually taking your money right there They said they'l take it as carbon credits Unbelievable. And people do that! I think we need to start an idiot. You, me and a few investors need to start Green Jet. Green jet? That's right. When were at 37000 feet we turn off the engines and coast. We coast. There is no reason to keep the engines going it's a fraud. As long as you get up high enough we can just coast that fucker all the way down. No problem. Greenjet. Come float the friendly skies. Coast into credit

39:03 Coasting for carbon. Just have like no aisles, you know so you know This is totally the whole thing I'm so convinced of it scam But we're falling for it man It's a scam were being scammed and hopefully everyone's being scammed We are we know that so let's let's get to the debate and try to get see what come up with all right now Are you downloading something because your breaking up a little bit? No, I'm not downloading anything as a matter of fact. Ah shit, no it's good enough But you know I have a browser open on the other computer let me go turn it off Yeah please do that And uh It won't help Yeah but its funny because you know so the signal has dropped out twice during the show and I know thats the problem on my end but now I have full signal there usually not a problem im not downloading anything I don't think I was looking at uh well You people should be Its always possible

40:03 that somebody's latched on, you know some a...some person is somehow I've got pretty good encryption so it seems unlikely but it's always possible that somebody outside is doing my life vice. Or online or online It could be mine too At the end of the day I'm in a huge apartment building So maybe the milky neighbor is downloading porn again Ah! I'll get you Yeah, let's talk about that neighbor. You know I have not seen her since... Since that one time? Have you talked about her on Daily Source Code? Yeah absolutely! Okay well for people who listen to just this show Adam has a next door neighbor and he lives in this condo thing in San Francisco it's one of these fancy buildings with the guard out front

40:55 and BMWs coming in and out, a few Bentley's kind of thing. Hold on hold on John, hold on a second this connection is just getting too shitty let me just call you right back it'll be worth it alright? Alright. Oh man I hate that so much with the passion all right lets try this again okay we're back you were talking about my milfy neighbor Yeah, you know the fact my connection by the way I'm gonna have to discuss this with my it was on your end. There was something really weird I think so I'm getting according to this thing 1.6 megabits down

41:34 as opposed to 16 which I normally get and i can't figure out what the deal is because there's this working right here on the whole place unless there's somebody, unless something you know...I was gone for a few days. I turn off the modem and next thing maybe it doesn't come back just life right? I don't know well it sounds okay now if your neighbor... Don't mess with anything yeah and she's beautiful but I have not seen her since that one quick conversation we had where she would she was like oh I work two hours a day for Obama and uh... and I know she could see my face The look of disappointment. For two hours a day for Obama? I like that guy, Obama! Even i'm not that sleazy. You know because... Obama rocks! I knew it! I am so stupid

42:26 Of course, the goal through my head is like don't say anything. Don't say anything. Don't get into it because usually I'll say oh I hate both those guys. I hate McCain and Obama you know this is a total sham. Like don't get into it. Don't get complicated and by then was too late but your right I should have totally said man he's the bomb. He's so the bomb. Can you walk over to my place? And ill show you my Obama posters Two hours, holy mackerel. Oh by the way this is so funny you may have blogged this but it showed up on drop.io slash noagenda apparently there's early voting and in Upstate New York on the ballot absentee voting a whole slew of ballots went out and you could choose the name Barack Osama What?

43:21 Exactly. That was the name? Instead of Barack Obama, it said Barack Osama Well that sounds corrupt On the ballot I love it Good move! That's the best a Republican can do Oh my goodness...that is so funny Osama Okay well let's talk about the debate well i mean i've uh... i've talked about this on daily source code aka i can be really you know shortages the thing that so it was a little allows u t v show um... there was a stupid said they promised us a town hall meeting with those bullshit it wasa it wasn't all it was a set with with bleachers that wasn't even but i think that it was in a full kind of like capital looking building typeset coulda done that was some arches and made a look at your little different than now i'm because

44:16 You know, this is McCain's thing. And not that I give a shit who wins because both of them are run by evil people but... It has been pretty funny to see how David Letterman and Jon Stewart have made a lot of fun of that debate because it was pretty prone to video editing and doing some cool stuff with it, particularly McCain roaming around while Obama was talking. They got some isolated cameras instead of doing some funny stuff but otherwise...it was just...It was pretty boring although I will say I thought it was interesting that John McCain said

44:52 And this is not so interesting about what he said, but about the public's reaction. He said you know wouldn't you want your mortgages to be bought up and then sold back to you at a better rate on 30 year? The mainstream media picks this up as what an idiot! How can they say something stupid like that?! People start repeating that I'm thinking you know there's actually no bad idea Actually Soros had a similar idea which is kind of the irony in that So I'm sure the mainstream media is like confused now. Oh, wait a minute Soros says it's good idea too well maybe let's just stop talking about it. Well if you know it's horrible to be in the mainstream media is just really deteriorated. There's not single programmer station you can watch we're actually getting any information

45:43 So I thought it was interesting that Obama had this stylish way of sitting with his suit on. He looked like he was in GQ for a photo shoot! Yeah, he looked hot... totally! And big smile on his face. I liked that. No, he was good. There were bar stools or something like that and he felt very comfortable. Let me mention a couple things that I noticed. That I wrote down. I have this big giant box that i've written all these notes on Okay. And the reason I did this, because it was going to be... Well you know if you take a big box by the way this is a tip for people out there who are wrong Then you won't lose your notes? Is that what this is about? He got it! Yep. I've got this big huge box and I can show it to ya. I can take a picture of it. I believe you please do that. But hey well what can I say? Time flies y'know Take a picture of uh..of your work room anyway. I wouldn't mind seeing that My notes... Write that on your box okay

46:42 And actually, I took some notes too. Yeah but see I would have lost the notes if they were on paper But the big box is like laying around the house and it's like you know there was this box that keeps kicking in What's this fucking box? Oh yeah! I remember It's got notes on it unless he wouldn't...I've got most of the sides covered So anyway so okay Both these guys are kind of boneheads but my favorite is Obama Well I have a lot of favorites but one of them I'm going to start with some of the notes on this box I actually wrote too many notes Obama's going on spending time talking about Kennedy, Roosevelt and doubling the Peace Corps. You know that? I think we're gonna double the Peace Corps! Say hey buddy, I thought you were supposed to be the future change this is like... Go back in 60s The Republicans have a good point about him looking backwards all of the time because that's what he's doing. Kennedy, Roosevelt, the Peace Corps

47:36 So, um... Okay. I got a little note here. I'm going to spend time and blah-blah-blah defying spending 6.8 billion in savings overhead project... The overhead projector story. Obama kept saying look you know? Look! You know? Look! You know? I don't like it when people do that. Just don't... That's condescending. Look hey you slave. Look at me when i talk to you or I'll tase you Somebody said living high on the hog, I didn't make a note of who it was. McCain got mishandled in the small business tax deal and screwed it up because they couldn't harp on that. Here's the thing Obama says something about...I think he wrote this up in a piece. Obama went on about nobody is going to have to pay more for people making over $250,000 and this or that are gonna

48:35 This is definitely you falling away here, John. The fact of the matter is all small businesses make about a quarter or over a quarter of a million dollars a year and the way that taxes are done that's kind of what your tax. It seems like a lot money but it's not a lot of money anymore 250 grand is not for a small business. No! Not at all And McCain dropped the ball on it because he has never run a small business Obama has never run a small busines none of these guys have Nope So they basically are going to soak everybody So the small business guys are going to have to raise prices and it's just gonna screw the middle class that he was trying to fix. Anyway, I thought that was... But McCain had said nothing about it! He let it go roll there goes is an opportunity shot but also John... And here's another note at me One second these you know these guys are tired You know they're just reading the script at this point because this you know this It IS a rock show They're all over the place They're flying all over the country That yeah

49:30 It's a very, very irregular life. It is living on the road! It's like being a rock star. These guys are tired man that just... No wonder they're missing stuff this is an outrageous performance they're getting really Yeah it's like they were over-the-hill both of them They suck By the way I want to mention something here for everyone who likes to listen to right wing talk radio I got the biggest kick in one of the guys who made this flaw and i think they've all pretty much done it. But a lot of the strategists too, and the one that im pointing my finger at here is Rush Limbaugh who does... but he's not the only one its like.. And the argument goes like this look Biden made all these really good attacks on Obama

50:14 And Hillary had these fantastic things that she brought up against Obama, why he should lose and what was why you shouldn't vote for him. Why isn't McCain picking this up and going with these great arguments that these two people made? My mind is, hey those guys lost with those arguments. Yeah exactly going the negative thing isn't working it just does not work people are sick and tired of it they really like... right yeah And when either one of the candidates because I did watch CNN this time when either one of the candidates goes all patriotic you know boom people just love it nationalism boing boing spike in the charts on both sides. Yeah nationalism's in

51:01 I'm so afraid. But apparently neither one of them get that? Just for the country's sake, just for the country's sake, I really hope Obama wins. I don't want to do that. Why? Because if he loses, oh man we're going to have riots it's gonna be messed up...I see the hatred and feel the tension please i want him to win and then every day ill have a new show and say well you lied about that oh gee hes not gonna do that look were still at war oh look the economy is still shit It'll be alot more interesting uh... and it will be a lot you know them with maybe that rage will be converted into something else so we when they find out that he's just the front man in shill yeah well that's what did brzezinski and then soros and those guys to be run in the country so were raping at yep um... i thought was weird that that big let's face it mccain is losing this election because he turns out to be a week candidate

52:04 He doesn't look good on television, he doesn't present himself well. He's doing a crappy job! I mean it's not that he can't win but it's like you know maybe this thing is rigged so he doesn't win. Well tha-that's the real question of course... So he comes up with his r- Is the voting machines and all that? That's where maybe it doesn't even matter maybe its just academic dude. I have no trust You're calling me dude alot did you notice that? Don't taze me bro Let's see here, elegant walking. Oh yeah the other thing is in this town hall meeting which was hardly that McCain looks terrible wandering around he's like he's gonna you know because it's not like a close intimate thing He's like walking it looks like a robot because so beat up from that You know his days and and you know Obama's kind of slick and he's moving around Yeah So I thought that was bad That didn't look good

52:59 again well you know, what McCain is good at and I have seen it more on C-SPAN than anywhere else when he's in a crowd and obviously there is no opponent there but when he's in the crowd he works the audience. He's great! But this wasn't an audience... It was like half of them were stacked audiences they had all preset, preconfigured questions everyone knew what was coming and just everyone sat there read the script In fact Tom Brokaw at the end said dudes get out my way I can't read the script Oh, dammit I got this really good quote here but i only have part of it but don't remember what was a reference to. But Obama said one of the dumbest things ever about the internet? I'm gonna have to make an... No wasn't about the Internet because uh... there was something else that predates the Internet and it was stupid thing he's ever said. Ah man! Well he had a commitment... Okay well I'll do a search on the whole issue. I'l help you maybe uh... Maybe will trigger something so um

54:03 Okay, this is before the internet began. It was something that there was a reference to something...some technology but it wasn't Well no what he said it the bonehead thing I heard was it start out just like a research project That's what got all the computers made their personal computer and it was made as a government research defense project And what he meant was The Internet but he said computers Okay, well then he said it this way. I got the exact quote and it may have been about computers and it was the following... Invented by government scientists for defense purposes so we could better communicate Oh! This is it! This was the invention of the original computer The univac thing during the war So yeah okay that's what it was When the first computer was invented

54:51 which is arguably in 1930 or 1940, depending on what timeline you want. He said the following, invented by government scientists for defense purposes so we could better communicate it wasn't about communication it was about calculating artillery shells and other things... The computer wasn't used for communications until there was networking which took a long time to develop So this is just bull That sounded good though. So he essentially, you know I've noticed this with this guy he makes it up as he goes along yeah He sounds good he reminds me of like my kids when they were like 12 You know they just say stuff off the top of their head is always true And that really bothers me about this character. I love it when he explains what he does all the numbers It'll be $2500 and if you're making less than 250 thousand dollars John McCain wants to tax your rebates

55:45 for the first time in a tax this and you know how and my on my my eyes are rolling in my head is swimming like it and now am I getting that good deal or not understand anymore and he did the uh... think he had to do this maybe was mccain the three you know we have 3% of the world's oil, we use 25%. We use a quarter, we consume 25% on a yearly basis. That 3% of the oil reserves could represent 100 years of use for us! But it's like the way they structure it is bogus specious argument that just galls me every time I hear it. Well but most people can't get past the voting numbers on American Idol John. That's the problem this is this is the type of numbers we understand

56:46 Okay, got more votes. Got it. I can't tune it to one! Maybe if I text I can change something in the world You know most people didn't they never bring up the fact by the way that coal we're there's Saudi Arabia of cold United States We have enough coal Forget all the alternative energy stuff. We have enough coal if we just use that to power the country, which would include everything for the next 350 years! And there's a lot of clean coal technology now that is really really good and has a very high carbon credit rating

57:26 But it seems like McCain took another donation from the Nuclear Association. My goodness! He was rolling out plant after plant. Unbelievable. Yeah, I was like wow... We're sitting on so much coal you know we could make electric cars and do that whole thing with all the coal that we have. And it would actually create jobs. For 350 years how much longer do you want? It could create jobs. I'm sorry what? It could create jobs. It could be huge. So you were harping, because we did talk right after the debate and we had a quick chat And you were harping about the handshake thing where Michelle Obama didn't shake anyone's hand and John McCain tapped her But you know Michelle... I got to blog that Well maybe you don't want to. Michelle Obama was on Jon Stewart show and by the way outstanding performance She did a great job

58:19 And she said, that was really overblown. She did a whole junket on Larry King and all the shows that matter She said, you know we had already greeted each other backstage and we'd already exchanged our pleasantries. So with that context it's like okay they probably weren't aware of the top shot that the camera was... although stupid if they aren't but they weren't thinking about it and so I think that was just a incorrect perception Okay, I'll take your word for it. I'm not gonna make city. I gotta tell you I like her She is she's a little powerhouse of not little actually she probably sit on me Huge huge huge. She's bigger than Obama oh She's twice the size though. She's gonna be she must weigh twice as much as Obama does nobody he's taller and he's not hurt

59:19 No, he's like 6'1". Yeah. She's taller. Like whoa! She's a basket... she's like uh yeah big girl So I thought this was a funny line from McCain. I'm sorry I missed that thing with the... Oh can i just say one more thing about Michelle? uh... because john stewart i'd love this he brought it up he said um you know what was that thing with all those kids in the air near that cause as a video we refer to a couple of times done by hollywood insiders with us hypnotized kids who are saying you know obama's here to save the world whatever the hell they were singing and her response was quite interesting i'm sure you can find it somewhere on the youtube or hulu or whatever she said oh yeah no we shut that down really quick i was like whoa

1:00:05 Well, they have a clue. These Hollywood guys are the boneheads. Yeah indeed okay I'm sorry You know they think they're doing somebody a favor when they're screwing them So here's the McCain line everything i learned was from a chief petty officer oh yeah right that that was interesting and then What did Obama say? He had a good line. It was, what do you not know that you still have to learn and he said well right up there is Michelle she knows everything I mean wow that was so good. Yeah well unfortunately I believe that Obama won that debate Oh totally And here's another thing I didn't like McCain doing

1:00:54 saying my friends in that kind of patronizing manner. And then he also kept throwing in that old sales trick, which doesn't even work anymore and it sounds terrible where like for example if I'm talking to you Adam, I'd be saying so Adam what do you think? That kind of thing. He kept doing that with Tom Brokaw. I did, but buh-bah Tom. Buh-buh-buh-bum-tah Hey! We know who he is okay? I mean or you're forgetting yourself. I just find it extremely annoying and i hear people doing all the time as a sales trick But its an old fashioned one from the 50's or something that nobody likes Well John what do you think about this John? I think you need to...John I know my name You are so right Meanwhile his face has fallen off Okay We got little extra delay on Skype tonight by the way

1:01:49 Yeah, I figured that out. Which makes the show sound crappy for people out there that don't realize it you know sometimes is a timing between the two of us in terms of our reaction is because Skype itself is like not working right Not cooperating He also had this hair transplant joke yeah That felt pretty flat and then he kind of went dead And then he says well I might need one myself You know was like I guess slam against Biden or something because You know, it was actually not Sarah Palin but it was Tina Fey. I think that these characters are starting to get mixed up in the public minds where Tina Fey on her fake debate with Joe Biden character on Saturday Night Live calls him out on his hair plugs

1:02:36 I'm telling you man, these guys are so tired they don't know what they're saying anymore. And by the way fire the writer John for this episode of our reality show known as The Presidential Debates Fire the writers! They sucked Yeah definitely Where's Karl Rove when you need him? Yeah, I don't think they're using him. No, I don't know if... They've got to be using him and probably... No! There's a lot of ads... Now they're doing all the commercials that really laid in really hard and heavy with the commercials you know this whole thing about... Not done right no finesse no finesse. Karl Rove is a master of finesse. Do you think they fired him? No, they never hired him that's the problem

1:03:22 Well, they did some things right. They got a lot of virals and that's doing really well with that but something changed I mean it was bad Well i think from the beginning when McCain went into the tank and then the party because you know I had this prediction about he was going to be the nominee no matter what that because i think it was promised to him and i think the party you know pushed everybody aside in one way shape or form they left huckabee into the race to make sure romney couldn't get in that was the reason for that. That was his strategy, yeah And so it was a Huckabee ploy and then next thing you know

1:04:02 you know mccain sneaks back into the thing and he gets what he was promised probably in two thousand when they screwed him. And I think it was probably Karl Rove who did it back then which means, now I think McCain is not that type of guy who says wow you screwed me good I'd like you to work for ME! I think he's more of the guy says you screwed me get out of my face. Yeah, I hope people understand So I don't think I hope people understand that this is exactly how it works You know and there is all this huge politicking going on behind the scenes And you know people are promised something and yeah, I heard that Biden He didn't even accept Obama's uh you know when they were scoping him out, he said first of all he said no I don't want to do that and then he has all these like a whole list like a rider you know. No red M&Ms and all this stuff Biden's got a whole deal going on

1:04:51 The weird thing about Biden that was pointed out to me, you know Andrew Horowitz and I do a occasional podcast on the stock market. Yes good. Which you seem to enjoy Yeah I heard the last one you guys did too He brought up the fact that Bidens net worth is $250,000? Yeah it's like nothing How does that work? The guy's been in the Senate for 30 years. If he just bought like a plot of land in Georgetown, you know when he first got there for whatever you'd pay then which would be next to nothing... It would be multi-millionaire He'd be a multi millionaire so how does he end up with a net worth $250,000 unless he is complete financial incompetent

1:05:38 Did he vote for the bailout package? It says, wait a minute. Let's go back over this This is a steady job that pays in six figures That has lots of perks free medical all kinds of other things you get out of it Not to mention probably a few stock tips that are worthwhile and He has a net worth of two hundred fifty thousand dollars Where did this information come from is this like a big thing now everyone's talking about Now, the people in the financial community I guess but nobody's brought it up. Chris Matthews... First I heard of it. Let me see over at uh hold on a second that's interesting well I mean I heard about you know the way Andrew said it when I was listening to this show yeah he said it so matter-of-factly like oh does everybody

1:06:26 Everybody know this The lifestyles of the presidential candidates have become the topic du jour This presidential cycle senator McCain is still catching fire from the defenders of the little people for saying he didn't know how to shut up And Republicans continue to paint Obama. This guy's an idiot house as an elitist just get to the bed already fit into all this competitive poor-mouthing well, Larry Last year, The Washington Post did a review of all the assets of all the presidential candidates including their spouses. Senator Biden's estimated net worth total value after all the mortgages 100 to $150,000 this guy has spent his whole life in public service and says he took a second mortgage on his house to pay for one of his kids education that's a big counter to any elitist charges against the new Democratic ticket. The man from Scranton is 100 to 150 thousand net worth today's big number

1:07:19 That's even worse. Wait, wait, wait! That was it? He paints this as positive?! Yeah because he is a regular Joe. Say it ain't so Joe! He's Joe Sixpack! He's a regular bonehead I mean... There are guys working at the steel mill with better net worth than that. It was MSNBC, NBC! That's why it's good. Yeah it's good he is a regular guy. Unbelievable that they would paint that as a positive thing 30 years and all he can accumulate is $150,000 even though Andrews thinks it's a quarter of a million but $150,000 net worth being in the Senate for decades. Decades! And you know having... If you have a car loan if you're already halfway there? Unbelievable

1:08:14 And the fact that they paint this as a positive thing is even more astonishing to me. It's like, it should be concerned! They should be kind of shocked and dismayed! They shouldn't think well this is great the guy's broke he's a bum! Fantastic! Yeah but John this is the thing I keep telling you We've become such maniacs in this country. We're so all over this Obama-Biden and we love it, and it's so beautiful whenever these guys do something stupid, idiotic or treasonous It's like oh well yeah but he's the hope! He's bringing change! Yeah but...he's lying! But there is hope that he's not lying There's hope that he's not lying What else? What else have we got to depress the public

1:09:04 I'm actually not depressed. I'm just not that Preston is this actually kind of entertaining? I just you know, it's a stock market It's kind of depressing I think but well this I'm short. I don't give a shit about the stock market. I'm sure yeah, I Am No, I don't care as far as I'm concerned. Yeah go down more. I don't care But, you know there's a lot of these really interesting and again I don't want to keep cross-promoting but that's what I do. It pays off you know that? Hell yeah! Andrew and I are going over some of these financial vehicles but one of the things people should know about their 401Ks is that with the 401k or any of these IRAs, SEPIRAs whatever you want to call them whatever you have

1:09:53 They are, and mine's in the tank because I haven't really been paying much attention to it. And you can see by the way there is a couple of things here one is the collapse of the stock market blew out most people's 401ks which is the message that people need to know about privatizing social security. You privatize social security and you end up with a bunch of people who don't know anything about anything investing in stocks on tips or losing all their money losing all their money. It's a bad idea and I really am distressed about the Republicans and their promotion of it because it is extremely irresponsible now, but people should know this too

1:10:37 One of the problems you get is that a lot of people are going to run into, they have a really strong 401k or good one-of-these self investment programs where you do your own investing. You can't short the market in the investment portfolio it's just illegal. It's only on growth. You can buy stock, you can buy property now there's different ways you can even by land and put it in there. But, there are investment vehicles that are actually shorts and they're called ETFs, Exchange Traded Funds. And an exchange traded fund you buy it but the fund itself is shorting

1:11:26 segment of the market that you think is going to go down. And so you can actually short the market within your 401k by buying exchange traded funds that are shorts. It's a great trick. People need to know about this because not now, because I think the markets... Not now and not ever because it is all going away. Forget about it! When the market skyrockets which will happen after one of these two guys gets elected which you will he'll go up again and go up and up and then its gonna go down again cuz it goes up and it goes down it goes up but goes down hello

1:12:03 But anyway, when it's going down there is no reason to be long in a bunch of stocks. Look into some of these short-sighted ETFs and just short that way. It's kind of trick that people should know about. There are lot of them by the way. These ETFs... A bunch of companies put them together PowerShares is one of the better ones That was kind of cute, because I remember them hanging this up in New York near Times Square. The national debt clock ran out of digits that was kinda cute. Who would have thought? Yeah we read it on the blog. Everybody did. It was a typical human interest piece to throw away at the end of the 6 o'clock news you know to fill up time

1:12:50 Every man and woman and child something like that. We all owe $80,000 to the national debt something outrageous Thinking anyway what oh I did just want to say one yeah go ahead I'm going to say, how do you...you've been out here for longer than usual. Are you getting sick of it? Oh hell yeah! The weather by the way, great weather, great weather Yeah the weather's been fantastic. Yeah uh..yeah i'm homesick, I told ya that, i'm homesick, I want to go home But its been really good because basically started up y'know the whole production studio We got the hosted channels running

1:13:34 Yeah, it's been good. This is something that we were... now was the time to do it and I wanted to really make sure I was here personally and all these kids man at the office they figured out they got it so their rolling my job is done So you're going to take off soon? Thanks. Actually, yeah so midweek I'm going back. I got a family thing and then i'm coming back on like the Monday or Tuesday after that because we've got a board meeting and I don't want to miss that so then I'll be out for another week or so. Yeah no I'm sorry before you interrupt me cause again the timing's wrong on this connection but just back to Obama-McCain thing I just wanted say this before did you notice they're both left handed? Yes I did notice that

1:14:28 Isn't that weird? What are the chances of that, huh. What are the actual statistical chances of two presidential candidates running against each other who were both left-handed It's just another piece of the puzzle that proves my theory that they're working for the same party Left handed be the leftorium Anyway, okay this back to Europe. Sorry I interrupt you because again and fortunately always interrupt you in it because of this lousy Skype connection we have which is weird since we have a better connection when you're in England. I don't know what it is man You know that I can call him again but you know why bother yeah? It kind of were let me see how much so what time are we out here now We can pretty much wrap it up anytime anyway

1:15:14 Money you're saying you we were you're enjoying it. You gotta take off for a while gonna come back, right? Yeah So because of the board meeting yeah so I would have stayed for another Because then at the end of the month The 27th, I think I'm speaking or I'm on a panel at Digital Hollywood in Los Angeles and I Know now that we have the new guy coming in Jeff Karp, you know There's some time to do that kind of stuff which is also important Not that I like it though, honestly. In fact, I kind of despise it. What? Flying back and forth and back and forth and back and forth? No thats not it... Flying from London doesn't- I don't like doing conferences and panels and speeches. I just dont dig it. Oh yeah some people dont like it

1:16:01 So I think the thing that would be annoying is flying back London to Los Angeles is a miserable flight. No, it's a great flight because I catch up on all my movies Virgin is really good they refresh their movies every single month and And they're pretty current so they got some good studio deals That's really part of their offering and I'm very appreciative of it Yeah, I watch three movies you know read a book And then I'm done. Then, you know, sleep and eat and then I've landed and just keep going so I don't need any turnaround time. I just march right on through. Yeah well actually catch up on my...I may have a trip to Portugal coming up and I catch up on a lot of movie watching myself and if I bring enough reading material I would never read it. The Economist

1:16:49 is like this magazine I should be reading religiously from cover to cover but i don't have time and when im on a plane or something, ill just read them all. And even when they're like a month or two old the articles are just fascinating Although The Economist because you know we at one of our earlier shows you told me that I should be reading this and then I do pick it up every flight as well along with you know I'll pick up Newsweek in time depending what's on the cover so those are really bullshit flimsy their shadow of their former selves far as I'm concerned uh... with the economy economist now that no newsweek in time uh... but the economy and their dear dad then they're like comic books that's how thin they are innocent totally nothing yeah um... but then uh... the economists i'd die gotta tell you this there did you have a lot of fluff in there you got to really get find the good articles and nearly the main domain feature cuz it is fills up with a lot of junk

1:17:44 I think they're good when they do Africa stuff. Yeah, and i think they're really good with Asia. I think with Europe and the United States...I think that's where most of it is because they don't know what's going on like everybody else and I think they just found her. I'm just looking through the notes here that Bill Moyers interview George Soros was on? I have a note here this says yeah he was talking about A Better World Order so that they've changed the name a little bit now It's no longer a new world order, it's a better world order. It's like a marketing speak! Well yeah... People will love it. Better World Order? What the hell is that supposed to mean?! That means one bank, one government and repeat after me I am free! Run by those guys! Yeah run by those guys! Yep those guys indeed

1:18:47 uh... anyway well none that just tell me this does bother you right i mean your area you were born in nineteen right after the second world war dad doesn't matter now come on buses as much a question for a second so you like our own one after the second world warriors yeah to you like i am really have not ever been in a war situation because of course you know the wars that although continuously ongoing they really haven't well I guess you witness Vietnam a lot closer but the times that we're in now is this like the weirdest time you've ever witnessed throughout history has it gotten progressively worse and then the reason why ask John, happened to be looking at John Lennon an interview was like 30 years ago when he did that when he was with Yoko into that give peace a chance

1:19:36 uh... many students and hilton for a week in bed and all that stuff but this interview is like you know to it our government are are run by maniacs and their there at the total lunatics he's basically saying the same stuff i'm saying um... only thirty five years ago and i'm just wondering has it gotten worse in your opinion in your experience it's always been this bad or What is it? Yeah, no it's pretty much like this. Well the problem is that you have this... If you get me going on this again my cycle stuff The problem that you run into and I'm old enough to have gone through one of these cycles even though it was a mild cycle which was the depression that began in 1969 or stock market crash in 1969 and then 10 year period weirdness You couldn't work for about a year-and-a-half after graduating from college

1:20:29 And so throughout the 70s you end up with a stagflation and then you had these price controls. OPEC decided to cut us off from oil, so there were lines in the oil. I mean it's actually worse in the 70s than it is now from my perspective. Then he ended with Jimmy Carter coming in and he was a complete bonehead And, of course he was run by Brzezinski your buddy. You know the same people that are going to be running Obama's operation so we're gonna have Carter again as far as I can tell if Obama gets in and interest rates were like 22% if you wanted a home loan you had to pay 22% interest rates it was ridiculous and

1:21:14 It was a complete disaster and I think it was much worse during the 70's than it is now. This thing is pretty isolated, financial institutions...it sounds bad but like a lot of people say hey! I don't have any money in the stock market what difference does that make to me? The public is not in the market their pension funds are but they can throw bricks at the pension fund managers as opposed to the market itself for that problem. So no, this is I think a mile...I think the big one is yet to come! I think the real whopper is around the corner not tomorrow and you know I'm thinking in next year perhaps or after but this isn't just bull this is so a big deal everyone's so what your way you're saying though this is interesting because it actually learned the whole word stagflation from you I think he you told you mentioned his words me before was ever even mentioned on CNBC

1:22:06 and even then you could see puzzled looks, what is stagflation? But this pumping of money and of course it's being printed since we don't actually have it. You know they may try to borrow some from somebody but its doubtful so there just going to print it doesn't that just by definition means that were going to get inflation, perhaps the hyperinflation you've spoken about previously will just devalue our money. And luckily it's worldwide now of course because it has all been harmonized and synchronized and they're controlling the money supply manually in unison but won't we get like a super stagflation now? It is not going to happen tomorrow but won't that happen in the next two years

1:22:50 Well, I get the sense because every time one of these economic downturns a legitimate one takes place it always has a different form and i'm a little concerned about the situation we're having now because It's possible We could fall into the abyss like some people like to think that were doing And then you just kind of go into a depression without a boom would really be annoying Because the real problem that I'm looking at in terms of the nature of things is that we had a crash uh... and then the kind of a natural crash it took place after this dot com boom that was exacerbated by the nine eleven situation which is the butcher resulted in almost a decade ago this is the day they're markets as i only finds a shock doctrine theory is nearly they keep hitting you with shocks so at first we had as you say we have yet to come home and then we had uh... real estate and you know what's next

1:23:41 infrastructure that's what's gonna happen next it's all going to be uh... privatization of all the roads the tunnels the whatever we're gonna get a huge she is huge bubble and that's and that's gonna be the one in that maybe two years that may be your uh... you know if we need jobs so as to infrastructure all the infrastructure projects are out of money they only like like eighty billion dollars you know per state the states are out of my eyes as a result There's a lot of possible scenarios. The thing about big crashes and big downturns, they're always different so you don't know if it's gonna be stagflation. I mean the one thing we've never had in this country which is just ripe because it will fix so many things and at the same time cause a lotta problems which is hyperinflation which I talked about before cause then you can pay off... So yeah let's give everybody 600, lets give them a trillion dollars! And they'll owe it to us

1:24:35 Or we'll just borrow a trillion from the Chinese and then we'll give it to the Wall Street guys, and then they owe us and we owe them. And meanwhile, the dollar goes into hyperinflation in that trillion dollars I'm holding by the way, have here...I'm going to blog it probably this next week. A $10 million bill from Zimbabwe. Oh, you got one? Good! And... You know they just made new ones today or yesterday They had to do it again the zeros wouldn't fit Yeah Well the problem is that there's a really funny bill you're gonna kick out of seeing it I'm looking for a Mugabe

1:25:17 some Mugabe money with his picture on it. I still haven't gotten that, but this... I'll mention the guy, uh, have his name out and plug him that sent me the bill But anyways says 10 million dollars and I've never seen money like this This is a funniest thing It's ten million dollars in i-and it's a note real note With a mimeograph? No no! Its'a really well printed notice not cheap crap Like, you know the Confederate money during that era. It's really a nice little note except it has an expiration date printed on it. I'm sorry your money is past due. The expiration date... Oh, thats fantastic! This expired. No longer valid after. Best before.

1:25:59 November 2nd. You better spend this money dude, because it's out tomorrow! So it's like... Oh brother. That could happen there's a lot of I've noticed that our money has changed a lot yeah yesterday I got some new quarters in change and it now has Alaska on the back do you have any of these? My daughter's collected all of them except Hawaii. And by the way, one thing... Wait wait! Let me just say one thing because she might be able to help us in this I had an older quarter and it really feels like there is a different weight or different alloy or it feels different It doesn't feel as solid as the older quarter Has something changed?

1:26:45 Oh yeah, they've changed the composition on and off forever. I mean it used to even be made with some silver content It feels cheap Jack! It is cheap But the older quarters felt kind of good now it feels like cheap ass money Like guilt It's a little cheaper than it was you get used to it So as long as that triggers the parking meter thats all you care about But yeah, every back of everyone. Every state's got their own quarter and this part of it I do you know one way like keeping the money kind of stable is you turn yourself into kinda one of these what was a San Martin or some of these countries that Monaco some of these countries that produce a lot commemorative stamps and money commemorative money that people collect

1:27:41 because everyone has the collecting bug so you save it. So instead of putting the money back in circulation, you kind of squirrel it away and some sort of a collection that you think is going to become valuable sometime this would be pretty great idea I have heard people buying up gold coins which have an actual amount of gold in them and then overpaying their collectibles or whatever Oh its ridiculous! You did the right thing Yeah real actual gold Because it's always gonna you know, this there's no was just a piece of gold I mean It's real gold and you just got a value that some market value in it. You just buy it and sell it Yeah, those coins are rich crapshoot. Yeah So I think that's about it. I think we're done yeah, I think so what we've covered most the basis

1:28:36 Yeah, and I think we ran the show up to almost two hours. No what are we at? 90 minutes hour and a half no well It took us longer because we had to reconnect a couple times and do all that shit So that's where you lost the time but thank God the audience didn't get sucked into that All right my friend so I'm uh I see you Monday for dinner hey you in the office Monday Is it is a holiday Oh, that's right. Huh? No well with the studios running I know that is this a well I didn't see your note Is this an official company holiday is it a national holiday? The mail's not delivered but wait a minute didn't they cancel Columbus Day awhile ago

1:29:25 They didn't no longer become that. I know in Berkeley it's like Indigenous Peoples Day or and i think they were the first one to call it Screw Columbus day yeah yeah like people have we're saying Columbus wasn't a hero fuck him he was no good, we shouldn't be celebrating. He was not politically correct oh no oh no misogynist he was a slaver so it would that would be a great day to pull the grid down perfect three-day weekend hmm I'm just saying. Timing, timing! Timing is everything. Alright coming to you from the Curry condo in Gitmo Nation West, I am Adam Curry and in Northern Silicon Valley where it's actually quite nice again this evening. I am John C. Dvorak and we'll be back next week from different sides of this Gitmo nation on NO Agenda