Episode 69 · Thursday, 5 February 2009

The Third Shoe Show

A massive leak of Madoff victims and a swimmer’s public fall from grace define a week of institutional failure and economic anxiety.

By The No Agenda Show | 1h 29m listen | 31 chapters
The Third Shoe Show cover
The No Agenda Show · No. 69

About this episode

Bernie Madoff victims including Arthur Rock and various Berkeley residents face public exposure after the New York Post published a 300-page list of the Ponzi scheme's targets. Whistleblower Harry Markopolos testified before Congress, lambasting the SEC for its failure to act on years of warnings. SEC official Linda Thomsen faced sharp criticism for her refusal to answer direct questions during the hearing, highlighting a systemic lack of accountability within the regulatory body.

British Prime Minister Gordon Brown sparked international concern after accidentally referring to the global economic crisis as a depression during a speech on protectionism. Meanwhile, Olympic swimmer Michael Phelps lost major corporate sponsorships following the release of a photograph showing him using a glass pipe. In the United States, Treasury Secretary Timothy Geithner remains under fire for tax filing errors made via TurboTax, while President Barack Obama continues a series of high-profile media appearances to address the deepening recession. The FDA is also facing scrutiny for its failure to prevent a salmonella outbreak at a peanut butter plant that resulted in eight deaths.

Adam Curry and John C. Dvorak launch the first weekday edition of the program, broadcasting from London and Silicon Valley. Dvorak reveals his status as a Doctor of Divinity through the Universal Life Church while the pair analyzes the authenticity of Bruce Springsteen’s working-man persona during the Super Bowl XLIII halftime show. The broadcast concludes with a skeptical look at the military presence during the national anthem and the rise of carbon trading schemes.


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CHAPTER 01 / 31 Discussion

Gitmo Nation Branding and Weekday Show Premiere

Adam Curry and John C. Dvorak introduce the premiere of the weekday edition of the No Agenda show, broadcasting from London and Silicon Valley. They discuss the "Gitmo Nation" branding and note that Rush Limbaugh has adopted similar terminology for his own program. The hosts plan to increase their output to two shows per week.

adam curry· john c. dvorak· gitmo nation· rush limbaugh· podcasting

00:01 Just like Double Mint Gum, we're now twice as nice with the premiere edition of the weekday No Agenda. It's Crackpot and Buzzkill in the morning! Coming to you from Gitmo Nation East and Southwest London, I'm Adam Curry. And I'm John C. DeVorek here in Silicon Valley North, also known as Gitmo Nation. Period. Ah! What do you mean? I don't get my piece of Gitmo anymore? You know, you get to be Gitmo Nation whatever East, and there's Gitmo Nation West should be China. It's all one big Gitmo Nation, man. So I noticed that Rush Limbaugh now has a Gitmo Nation thing going on. Oh, you're kidding me. He calls it Gitmo Nation? Literally? No, it's something else, but it's similar. Oh, man. He's using Gitmo. So we have to go with another t-shirt that can... Yeah, well he'll sell more than we will, but I'll have to come up with something for Saturday. Well, you say that now, but you never know. Now that we're doing two shows a week,

00:57 Yeah, twice as many opportunities. Big heavy sigh. This was your idea. So I'm reading, by the way, so I get up this morning and I get some email from a friend who sends me the, I'm going to blog it so people out there can, you can pick this up later this afternoon because it's actually posted on the New York Post. The entire list, I think it was 300 pages of everybody scammed by Madoff. Oh man. Excellent. I get it. So can you find some of your friends? I couldn't find anybody, but I did a couple of you can search because it's a PDF file. And so I found a lot of like 12 people in Berkeley, you know, that got nailed. Well, I saw a partial list and it had didn't have been Affleck on it and a couple of Hollywood movie stars. I haven't found those. I just got it. So but I did know I did find the venture capitalist Arthur Rock. Oh, and we know Arthur from where?

CHAPTER 02 / 31 Discussion

Bernie Madoff Scam Victim List and SEC Whistleblower

A 300-page PDF listing victims of the Bernie Madoff Ponzi scheme was published by the New York Post, including venture capitalist Arthur Rock and residents of Berkeley. Discussion turns to the testimony of whistleblower Harry Markopolos, who criticized the SEC for being inadequate and under-motivated. SEC official Linda Thomsen is highlighted for her refusal to answer specific questions during congressional testimony.

bernie madoff· sec· arthur rock· whistleblower· harry markopolos

00:57 Yeah, twice as many opportunities. Big heavy sigh. This was your idea. So I'm reading, by the way, so I get up this morning and I get some email from a friend who sends me the, I'm going to blog it so people out there can, you can pick this up later this afternoon because it's actually posted on the New York Post. The entire list, I think it was 300 pages of everybody scammed by Madoff. Oh man. Excellent. I get it. So can you find some of your friends? I couldn't find anybody, but I did a couple of you can search because it's a PDF file. And so I found a lot of like 12 people in Berkeley, you know, that got nailed. Well, I saw a partial list and it had didn't have been Affleck on it and a couple of Hollywood movie stars. I haven't found those. I just got it. So but I did know I did find the venture capitalist Arthur Rock. Oh, and we know Arthur from where?

01:53 He was one of the early investors in Apple. But the funny thing is that I think that this thing, I made a copy of it obviously, because I think this is going to be pulled down. Because there's so many people on this list that are going to be embarrassed. No one wants to look like a douche, yeah. And they're all, you know, a lot of lawyers, I think they're going to sue to get this thing taken away. It's too late. It's going to be on the internet. If anybody out there can get a copy of it, save it. And then it'll be around forever. Have you been following the testimony of the whistleblower about the Madoff case? I watched it yesterday, the guy was just blasting. Isn't he beautiful? He's almost like a truther. He's up there, he's like, I'm coming with another mini-made-off tomorrow who's been scamming for a billion. He just keeps on going and the SEC is inadequate and under-equipped and under-motivated. And dumb.

02:44 He didn't quite say that, but man oh man. And then the, did you see the SEC? They came out and testified and there were just a bunch of bureaucratic weenies led by some woman named Linda Thompson. And she couldn't, and she's like, unfortunately because the case is under investigation I can't answer that question. She is the worst. It's just unbelievable. But I love the, I forget who it was, I really should pay attention to these. Senators and congressmen and of course it's a guy from a smaller state that's why no one knows him. He says, you know, I don't think the scam is Bernie Madoff. I think I think the scam is you pointing right at the SEC. I'm like, yeah, baby. Right. I didn't get that didn't get to see is, you know, the commentary I would maybe it happened. I didn't get to see the whole thing would be something like, you know, and so why does Martha Stewart go to jail?

CHAPTER 03 / 31 Discussion

Michael Phelps Marijuana Photo Controversy and Role Models

Olympic swimmer Michael Phelps faced public backlash and the loss of corporate sponsorships after a photograph surfaced showing him using a glass pipe. The conversation compares the public's reaction to Phelps' drug use with the acceptance of Barack Obama's past marijuana use. The hosts argue that while the imagery is negative, marijuana is not a banned substance in many professional sporting contexts.

michael phelps· marijuana· sponsorship· olympics· role models

03:39 It's for the same reason that when President Obama said, yeah I smoked weed and I smoked a lot of it, or I inhaled a lot, I think was his quote. It's like, okay, we just kind of let that go. And then poor Michael Phelps, I mean granted, Bong pictures never look good. They just make you look incredibly dumb. And now this guy's losing all his sponsorship, and he's ashamed, and you're no longer a role model. It's like, dude! But again, I will state that bong pictures just don't look good. It just has a very negative thing to it. Yeah, also, it looks like, it's not because of the size and all, it's not a crack pipe, but it has that image. It's not even close to a crack pipe. Oh man, poor guy. Marijuana is not on the list of illegal substances for many sporting

04:39 Leagues and events and the way I see that the guys half stoning and still swim like that. Holy crap him to gold medals No, no professional smokers are not like that John you should know better. Oh man, I think so So I was watching there was something on I think it was another one of these PBS things where they're talking about all these people, you know, like Ireland, everyone's like closing out all their companies and everybody's moving to Poland. Have you been noticing this? Is there any action in the EU news about this? The movement's called delocalization. Yeah, well not specifically about Ireland, but all of the EU right now, the wheels are coming off this thing as we speak.

CHAPTER 04 / 31 Discussion

European Economic Crisis and Polish Labor Migration

Economic instability in the European Union is leading to "delocalization," with reports of Irish businesses and workers moving to Poland. While many Polish workers are returning home from Western Europe, Irish pubs are reportedly opening in cities like Łódź. The hosts criticize the structure of the EU for subsidizing Eastern European growth while established economies like Ireland face severe debt downgrades.

poland· ireland· european union· delocalization· economic crisis

05:33 I mean, everyone's messed up because of this protectionism, which is the huge thing everyone's talking about here, and jobs moving from left to right. I did not know that the Irish are moving to Poland, which seems like a very surprising move indeed, seeing as most of Europe is filled with Poles who come over here to work for a couple of months and go back home. Yeah, well apparently a lot of them are going back home in droves. Anyway, the, which is a weird sentence. Anyway, it was about Irish mainly because then they've opened up a slew of Irish pubs in various cities. In Poland, in Warsaw. No, not Warsaw, Łódź. Łódź. Łódź is the third biggest. Is it Łódź? The third maybe. Not me, but I think that may be going on around Łódź.

06:23 Anyways, the third biggest city in Poland. It looks to me to be one of those, you know, let's hear let's move everything into this place and give them all the tax breaks we can and do this that and the other thing and I'm probably worth checking out. Well Ireland is economically is in deep deep Kim Shay. They're really in trouble a number of European countries are now getting into massive problems and they're country debt is being downgraded. I get the biggest kick out of the whole situation. We're downgrading your country. First they set up this idiotic EU and then, you know, Chris now you go, oh, you know, I don't understand why you would say something like that. This crazy EU with all these countries that never really got along before, that's why they're all their own countries, but let's ignore that.

07:07 And then you bring in these Eastern European countries that are hungry and they're more aggressive and many of them are like glad to, you know, they're super capitalists because they got under, they were under communist rule for so long, they've gone crazy. They expanded like wildfire with, you know, huge expensive stores and everyone was borrowing money like crazy because you could do it now. Just like the Americans. Oh yeah. And anyway, so they, so like in Poland for example, so they go crazy, they're just going nuts. and the EU because of the way it's structured, they're subsidizing this. It's such a shambles, man. It's like let's ruin Ireland and subsidize Poland and now Poland's got the only viable economy or one of the few and there's other Eastern European countries. It just cracks me up. What incompetent boneheads are running this operation? Well, I'll tell you. I've got some audio for you today. This is what's been driving the media nuts.

CHAPTER 05 / 31 Discussion

Gordon Brown Economic Gaffes and Doha Agreement

British Prime Minister Gordon Brown made a verbal slip by referring to the global economic state as a "depression" rather than a "recession" during a speech on protectionism. Another gaffe is revisited where Brown claimed to have "saved the world" during a parliamentary session. The segment briefly mentions the Doha Agreement as a trade mechanism intended to open global markets.

gordon brown· recession· depression· doha agreement· world trade organization

08:05 for the past two days. This is Gordon Brown who made another one of his Freudian slips You're going to hear him say that we're in a depression instead of a recession and that just drove everyone crazy. Have a listen. I'll give you a little bit of extra audio for context. that every country is analyzed for what it is doing by the World Trade Organization to prevent protectionism and also it's absolutely clear that we should agree as a world on a monetary and fiscal stimulus that will take the world out of depression. There it is. Oh yeah. So everyone's like now you have to publicly say you meant recession and not depression.

09:00 Such a tool. If he had any balls he'd say yeah no I meant depression jerk-offs. Just for laughs should we listen to that other gaffe he made about saving the world? Yeah sure. I like that one. The first point of recapitalization was to save banks that would otherwise have collapsed and we not only saved the world, it saved the banks. But listen, I love their parliament. Listen to how everyone's going nuts. And now he's trying to turn around. Save the world's banks I meant. They're going crazy. So where does that come from John? I mean these are, you call them Freudian slips but of course they have nothing to do with sex I don't think. But when someone makes, does these Freudian slips Gaffs. Gaffs, yeah. But it's clearly a slip because you know the guy didn't really mean to say save the world. You know that he just messed up. But doesn't that mean that it is on his mind and he is thinking that way?

10:00 I don't know you'd have to talk to a psychiatrist or psychologist about that, but I mean... Wait a minute, that's a vocation you have not yet held? I mean, you have to, to form the word, save the world, you have to have structured that sentence somewhere along the line. So you could blurt it out like that. So he's probably, you know, thinking that. I mean, the guy's an idiot. Yeah, well that's more than general consensus. And anyway, you see I got the Doha thing thrown in. What is that? What is the Doha agreement? That sounds bad. Isn't that the Lisbon Treaty reformulated? Oh no, Doha is the trade agreement. That's the trade thing. There you go. Yeah, it's that crazy trade agreement where it's essentially opening up more markets. It's just some way to scam the public. I don't know. Anyway, enough of those idiots. Really? Really? Because I got to say something about our president.

CHAPTER 06 / 31 Discussion

Barack Obama Private Breakfast and FDR Prayer References

President Barack Obama appeared at a "private breakfast" that was broadcast live on CNBC, where he referenced Franklin D. Roosevelt leading prayer sessions during tough times. The hosts interpret this as a sign of desperation regarding the current economic situation. They question the transparency of events labeled as private while being televised to the public.

barack obama· cnbc· fdr· prayer breakfast· economic crisis

10:55 This morning, I'm trying to find... Obama? Yeah, that one. I'm trying to find... Wow, I sounded very Republican there. Which one? Which one of the ones that we know was... President Obama, our current president. The real one? Or the one that took the other oath? I don't know. I think it's the TV Obama. That's the one. Okay. Because this morning... That's a different guy than the president. Yes, I understand. And I concur with your theory. on CNBC this morning live and I can't it wasn't on C-SPAN because I was switching around trying to find the feed because they did interrupt at a certain point they had and this was the funny part they had Obama speaking at a quote private breakfast even had the the caption on screen President Obama speaking at private breakfast which is broadcast live. How private can it be? I know broadcast live on CNBC and he

11:40 And he goes into this whole thing about FDR and how he led these prayer sessions and during the tough times he would go to these breakfasts and he would pray with it. To me, and of course CNBC cut it off too early, it seemed like the president was literally saying Please let's pray Because we're so screwed pray pray. That's all we can do it just really freaked me out I have no idea where I can find this video, but it was this whole wind up and I'm like oh my god He's gonna. He's gonna ask us all to pray You know the thing is but about about Obama and these References to Roosevelt during the campaign didn't he or during the debates perhaps? I

CHAPTER 07 / 31 Discussion

Presidential Term Limits and Franklin D. Roosevelt History

The history of presidential term limits is explored, noting that Franklin D. Roosevelt's four terms led to the 22nd Amendment. The hosts speculate that without this amendment, Bill Clinton might still be in office. They discuss how the Founding Fathers did not originally include term limits, assuming the nature of the job would prevent lifelong tenure.

fdr· constitutional amendment· bill clinton· term limits· founding fathers

12:26 Didn't he make a big fuss over the fact that we shouldn't be looking backward, we should be looking forward, because Bush had made some reference of some sort? Well, this is that all he's been doing since is looking backward. Yeah, I agree. Roosevelt, nobody, I mean, how many people that listen to this podcast or are even around were alive during Roosevelt's administration? I mean, he died in 1944, I believe. So, I mean, it was like, you know, the entire baby boom generation was born after he was dead. How many terms did he serve? Did he serve two terms? Four. He served four terms? Yeah, he served four terms and he's the reason that two things that happened because of him, which one of them is quite ironic.

13:09 He, because he served four terms, they passed. That's when the constitutional amendment came into place and you can't be president more than twice. Oh, I was going to say, because I thought it was illegal. OK. It was illegal after him, because they said, look, we're not going to go through this again. And the public, you know, if that constitutional amendment wasn't passed, let's face it, Clinton would still be president. It's interesting the founding fathers didn't put any term limits in there. Well they assumed because these guys were going to run once or twice because it was kind of a job where you didn't have, you know, it was just a job and you know, you didn't want to... They didn't take into account the military industrial complex and the revolving door of lobbyists and all the money that actually makes the system, this new system work. Right. Okay. They didn't.

13:54 And so, that's why. In fact, they warned against it, in fact. Yes, they did. And so, this possibility existed where you'd have somebody just damn near become a king. Now, if it was Clinton, I mean, he'd still be in office, which means he'd been in office and running for his fifth term. He'd be in for five terms and maybe six because he's still young enough to run two or three more times. Luckily, Roosevelt was old and he had polio and he wasn't that healthy. But he would have been in there forever, the way it was going. So anyway, that's one thing that happened. So they added the constitutional amendment. The second thing they did was sometime after, I think it was after the Truman administration, the Republicans

CHAPTER 08 / 31 Discussion

Fairness Doctrine History and Right-Wing Talk Radio

The Fairness Doctrine, which required broadcasters to provide balanced coverage of controversial issues, is discussed in the context of its 1987 repeal under the Reagan administration. Democrats like Nancy Pelosi are reportedly interested in reinstating the policy to counter the influence of right-wing talk radio figures like Rush Limbaugh and Michael Savage. The hosts argue that talk radio is primarily entertainment and did not dictate the 2020 election outcome.

fairness doctrine· rush limbaugh· nancy pelosi· ronald reagan· fcc

14:43 Pushed in to play the fairness doctrine ah this was where you have to provide equal airtime Which I was taught in college when I studied communications that was still in place. Yeah, right It was until 1987 the fairness doctrine was in place and the fairness doctrine was pushed by the Republicans because the Democrats were abusing the privilege they are they owned they own the media and No, they were day- well they've always had the liberal, I mean the amount of liberal perspective within the media has always been very high and it remains so. How are they using it unfairly?

15:21 And they were using it unfairly. Well, I guess they were having these, you know, what was like going on, you know, with these certain kinds of broadcasters or, or I guess the president, I think it had a lot to do with the president, you know, that's fireside chat that Roosevelt did. He initiated that. So he's on all the time on the radio, blah, blah, blah, blah. And nobody can say anything against him. People of America, let us pray. And so you know, you didn't have any balance at all and there was no way of getting any. So the Fairness Doctrine came in. So now when the president gave his weekly address on the radio, you know, a Republican could come out and say, hey, this guy's full of crap. or the other way around. Anyway, so the Fairness Doctrine was initiated and it balanced things out and then it became part of broadcasting lore where you'd have to have one guy, then the other, and you'd have to have like a... Exactly, equal time. And Reagan is the one who said, this is a crock, I mean, times have changed, let's just drop this thing. And then what happened then was... Of course, he also deregulated all television and radio so that it could all kind of roll up. Didn't he do this first deregulation?

16:22 I'm not sure who did the first deregulation of television or radio. Maybe. But whatever the case was, the Fairness Doctrine was dropped and then the rise of right-wing talk radio, which is really a minor player, came into vogue. Rush Limbaugh's the one who discovered it. I mean, he figured it out first, let's put it that way. to the tune of $400 million contract. And now the Democrats are all bent out of shape because he's just a critic. And they don't want any critics, and so they want to reinstitute the fairness doctrine, not realizing that they're the ones who had benefited from

17:03 This wide open structure more than anyone and in fact the fact of the matter is is that Limbaugh? He didn't make make Obama lose the election. He's just a guy who's carping all the time. They these guys don't want anybody Complaining he didn't wait there was no the election didn't go to McCain because of right-wing talk radio Hey notice this McCain didn't even win Yeah So right wing talk radio is an ancillary function of the entertainment business and the fact is I think it just bugs them that you have people like Michael Savage and people like Rush Limbaugh calling out people like Nancy Pelosi and she's the one that wants to get rid of it, go reinstitute the fairness doctrine because she's the target. I put her on MeVEO Today that airs tomorrow.

CHAPTER 09 / 31 Discussion

Timothy Geithner Tax Issues and Obama Accountability

Treasury Secretary Timothy Geithner faced scrutiny during his confirmation for using TurboTax to prepare filings that contained errors. President Obama's tendency to publicly apologize for administrative "screw-ups" is analyzed as a stylistic choice compared to the management style of George W. Bush. The hosts question how the President has time for governance given his frequent media appearances.

timothy geithner· turbotax· barack obama· tarp· tax evasion

17:56 With her press conference where she says 500 million Americans will lose jobs. It's a gaffe, but I just couldn't resist. That went in the fisting gag. Well, I said it's no wonder they can't figure out their taxes. Can't even count the number of people in the country. 500 million people. I missed that one. I gotta blog it. Yeah, yeah. I'll send you the clip. But just on that topic, dude. It's like it's been four people, four nominations in this administration have evaded taxes. Yeah. Or evaded may be a strong word, but they didn't complete the thing. They didn't pay. Did you catch the thing where, even though he's now been affirmed, Timothy Geithner, now this is the guy who was also partly responsible for $350 billion of TARP money that has already been handed out to his buddies and Paulson's pals, Paulson's pals, in the morning.

18:56 And he was, during his testimony, you know, they're drilling into this tax thing and said, well, you know, so how did you prepare your taxes? And he says, with TurboTax. That's probably what he compiled the TARP money with too. I just put it in my TurboTax here and now look at that. A lot of money goes to my friends for bonuses, which is a total distraction, by the way. Total distraction. I think they're playing it up and the public, of course, loves it. You know, because there's nothing more closer to home than tax issues. But meanwhile, you know, there's all kinds of crap coming down, John. And the president going around saying, I'm sorry, I screwed up. What's up with that? I don't know. He did that during the campaign too. He likes to say that. It's just his style.

19:48 I mean, at least he's like, you know, the difference between I screwed up and him taking the blame, as opposed to the way Bush would have handled it. I thought about this. Bush would have probably pointed the finger at somebody and then fired him or something like that, but he wouldn't have been the buck stops here again. There was no one to fire. Daschle took himself off the list. It was not a firing situation. Yeah, I think the Democrats have always had ever since Harry Truman a buck stops here type of approach to Taking the blame for whatever happens in other words the president You know as he just says I signed my fault when it probably wasn't because let's face it. He's not That's what now you hit the nail on the head. That's what bothers me about it. It's not his fault. It's just not yeah I know but it's his fault that he picked somebody who made the mistake so it is his fault and

20:41 And maybe when he's saying I screwed up, he's not talking about the actual thing that we see as the screw up, but somebody that he let make a decision. That's the screw up. He didn't just elucidate it. Do you think that people find him more endearing? Do you think it worked if that indeed was the plan? Yeah, I do actually. Doesn't bother me. I mean, I'm glad that we have two President Obamas as you claim. Because the number one guy is pretty damn busy with all these TV appearances. Every morning he's doing a g- When does he have time to meet and discuss with people? He's always on TV. Yeah, and he's doing private breakfasts. Yeah! I mean, I haven't got enough, barely enough time to eat breakfast, let alone have a private huge breakfast where I have to give a speech.

CHAPTER 10 / 31 Discussion

Deaths of Guy Cavagnac and Gary Christmas

Two acquaintances of the hosts passed away recently, including director Guy Cavagnac and Gary Christmas of the "Christmas Twins." Gary Christmas was known for his coffee shop "Backstage" in Amsterdam and for performing with Tina Turner. The hosts reflect on the superstition that deaths occur in groups of three.

guy cavagnac· gary christmas· amsterdam· christmas twins· tina turner

21:28 You know? I'm just saying. It's good that we got two of them. We need them. As long as there's only one Rahm Emanuel, then I'm okay. Then I'm content. If there's two of those guys, then I'm really, really scared. So I'm waiting for the third shoe to drop. As you know, yeah, I'm waiting for the fifth shoe to drop. That's not that funny two people I know pretty well died in the past week. Oh you got the triple Who are they? The first guy actually happened the last day. I was in San Francisco I told you about one of the very first directors I ever worked with right right now You don't come both and I'm not quite sure how he passed away and I'm you know, I

22:08 I'm afraid to post anything until I know, because he was a really heavy Galois smoker. Although he probably got hit by a car, that would be very typical. So it's just weird, you know, guy you work with for... oh shit... 25 years. And then the other one, and both of these I found out a little bit after the fact, so this also happened a couple days ago. Gary Christmas, who is one half of the infamous Christmas Twins, We had a coffee shop, these were two Americans, American Indians. African-Americans slash American Indians was kind of, they were all over the map. And they'd perform for many, many... What are you doing, man? I'm sorry. If you're not interested, you know, just don't make any noise, okay? I'm talking about dead people here. I'm gonna have Gary Christmas come down and put a curse on you.

23:05 No, don't do that. But they performed since the 40s with Tina Turner, well not with Tina Turner in the 40s, but they performed on stage since the 40s and later were on tour with Tina Turner and you know they had a really good cool act and Gregory died I don't know eight or nine years ago. They're twins and so Gary passed away and they they had lived in Amsterdam for I don't know 20, longer than 20, maybe 30 years with a coffee shop that actually served coffee and tuna fish sandwiches American style. What do they call those things? What? A coffee shop that serves coffee. I've never seen one. Well, it didn't have the word coffee shop on the front. Because that would bring in the wrong clientele in Amsterdam. It was called backstage. So anyway. And now I'm just waiting. And you're sitting around going like... Because we discussed this. Yeah, there always come in threes and two down. Fuck, I hope I'm not number three. Why would you be number three? I don't know. It's people I know. They know me. It's now getting into my circle, you know?

CHAPTER 11 / 31 Discussion

Forbes Web Celebs List and Wealth Rankings

The Forbes "Web Celebs" list is criticized for its rankings, which placed Perez Hilton at the top and included the hosts alongside Leo Laporte. The discussion shifts to the methodology of the Forbes Richest People list, with the hosts questioning the accuracy of wealth estimates for private individuals. They note that while Forbes puts significant effort into these lists, they often contain high-profile omissions like Oprah Winfrey.

forbes· web celebs· leo laporte· perez hilton· oprah winfrey

24:03 You haven't been hung out with these people for years as they're part of a different milieu. It'll be somebody else that somebody else in that same clique. All right then. Hey congratulations, I didn't have a chance to congratulate you on your top 25 Forbes most, what is it, most influential people on the web? Web celebs. Oh, web celebs. Yeah, great. We discussed this at dinner and pretty much a gay list. There's not a single woman on the list which is highly suspect and prejudice and just wrong to start with. And it just, it just, it looked like it was full of little jokes.

24:52 It might have been because they put Leo and myself at the end of the list. Yeah, with Leo underneath you. And we're not gay by the way, I can assure you. No, I didn't mean it that way, but I think the guys who put it together are gay and they were having a good time with it and picking cute guys to go on the list and then as a joke at the end they threw you and Leo in. Yeah, and to make it even funnier, they put me ahead of Leo, who's really more of a web celeb than I am. So, yeah, I think the whole thing was an inside joke. I mean, the number one web celeb, according to these characters, is Perez Hilton. And then it was just all over the place after that. It was actually quite funny.

25:35 It was, you know, I guess Leo was on the list before. I didn't even know this list existed. Forbes has a lot of lists. Yeah. And I guess I should send these guys a... Well, that's their franchise, right? Is it the Forbes 500 or is it the Fortune 500? No. The Forbes Richest Man, whatever. That's their franchise. That's all they got going for them. And it's just like a rag mag. And that shit is never right when it comes to fortunes. No, it can't be. It's almost impossible. I'll tell you the truth, I worked there and they put a lot of work, serious amount of work and effort into that list, into that world's richest list.

26:11 I mean occasionally they'll screw up one of the lists like the most influential. One time I remember they left off, I think they accidentally left off Oprah Winfrey when they did most influential women in show business and she wasn't even on the list of our top 100. And then the next year she was number two. Vida Gutmacher is what we call that. And so they do make these huge blunders but the top, the richest list may have some errors and people left out because they've avoided contact but the fact of the matter is these guys go through a lot, they have people working on that list all year round and there's not just a few people. What a sad result for the amount of work that goes into it then. What, the richest list? Yeah. I don't know, I don't get it. I know people on the list and they say, incorrect, those guys don't know how to count.

27:00 They take as much public information as possible and it's also you know is that how there's a perception amongst the public like is that how much you know so he's worth two billion is it two billion dollars a pile of money sitting somewhere? No of course not. You know what is it really worth? What's it all invested in? You know they take company values based upon public information. It's not correct. It's just not. Yeah you mad because you're not on the list? No not at all. I don't belong in that list. Anyway, all I know is they put as much effort into it as they can. I mean, yeah, I'm sure that, you know, how much can you really find out about some guy who lives in Dubai and is worth $5 billion? I mean, you know, you're not going to get an accurate number. That guy could be worth nothing. I mean, look at Madoff. The more I think about that, and when I was listening to that, what's the guy's name? It's like a Kalowski, is that his name? Oh, I guess it's a sheet of paper I threw out. Good job.

CHAPTER 12 / 31 Discussion

Wall Street Bonuses and Carbon Trading Schemes

Wall Street firms reportedly handed out $150 billion in bonuses in 2007 despite the looming financial crisis, leading to comparisons with Ponzi schemes. The hosts jokingly suggest entering the carbon trading business as a way to profit from the next potential financial scam. They express total skepticism regarding the integrity of the current global financial system.

wall street· bonuses· ponzi scheme· carbon trading· financial system

27:58 I think it's Kalowski. Kala-Kalakowski? No, it's not. It starts with an M. It starts with a K. It's Markalopolis. That's what I mean. Carpamoculus. Mark. Markacopple. Marka- whatever. I'm thinking the whole thing is rigged. The whole fricking system. Everything. And everyone had to know about it. And everyone, and when you, and then I'm looking at these bonuses, Wall Street in 2007 handed out $150 billion worth of bonuses. I mean, come on! $150 billion?

28:44 I mean, that's outrageous. That money's coming from somewhere. It's got to be a scam. And when you look at that number alone, you've got to think Ponzi scheme. There's just no other way. We're in the wrong business. Well, too late now. No, no, no. We'll get into the carbon trading business and we'll make a bundle on that. Well, that could work. So, what else going on? Well, you know, we didn't talk about the Super Bowl and my correct prediction of who's going to win and why. Well, I also predicted Pittsburgh. I do feel bad that I gave you a bum steer and I told you to watch the commercials and I think you were probably disappointed. No, actually, I ended up watching the commercials. I ended up watching the whole game pretty much. Yeehaw. So I took some notes. I'll just make a few mentions. I thought it was interesting that they exploited the crew of Flight 1549 and put them on the show.

CHAPTER 13 / 31 Discussion

Super Bowl XLIII Commercials and Military Presence

The Super Bowl XLIII broadcast featured the crew of US Airways Flight 1549 and a national anthem performance by Jennifer Hudson. General David Petraeus participated in the coin toss, which the hosts criticize as an unnecessary military intrusion into a commercial sporting event. They also note the high volume of "house ads" NBC ran for its own programming like "Heroes."

super bowl· david petraeus· jennifer hudson· flight 1549· nbc

28:44 I mean, that's outrageous. That money's coming from somewhere. It's got to be a scam. And when you look at that number alone, you've got to think Ponzi scheme. There's just no other way. We're in the wrong business. Well, too late now. No, no, no. We'll get into the carbon trading business and we'll make a bundle on that. Well, that could work. So, what else going on? Well, you know, we didn't talk about the Super Bowl and my correct prediction of who's going to win and why. Well, I also predicted Pittsburgh. I do feel bad that I gave you a bum steer and I told you to watch the commercials and I think you were probably disappointed. No, actually, I ended up watching the commercials. I ended up watching the whole game pretty much. Yeehaw. So I took some notes. I'll just make a few mentions. I thought it was interesting that they exploited the crew of Flight 1549 and put them on the show.

29:35 Yep, and then Jennifer Hudson gave I thought the best rendition of the national anthem I've ever heard in my life even though I thought she was gonna fall on her ass because she was in these five-inch spike heels and and literally shaking up there I didn't see it so I'm now I'm just jealous It was unbelievable. I thought it was it was she was hitting notes I didn't realize you know that thing's a hard thing to sing because you have to hit this note in the middle of nowhere She like now he hit to know but she went beyond it. She actually made that she has a hell of a range this woman What she went into flageolet on that, but it was I'm telling him my Jennifer Hudson my a couple glasses on the shelf busted Wow hold on let me

30:21 It's been released on iTunes. Mm-hmm. I'm gonna kick out of it. That's interesting and anyway They say she lives a though. This is the story that I'm reading If she'd lip-synced she did a heck of a job because she was she was didn't look like it anyway, hmm He that is it me? Here's what I thought about the ads Okay, could you could they have done more house ads? I counted 10 or 11 house ads for NBC before the first half and then I stopped counting. And did house come on right after the Super Bowl? No, not house. House. I'm talking about house in terms of in-house. Oh, okay. It was mostly for heroes and one other show they kept promoting. And then, you know, NBC's lineup, you know, this kind of thing. And there was way too many of those. And then the only other thing that was being advertised were movies and

31:19 What else that's about it? Oh, here's another exploitation, so they did a so they're gonna have the coin toss for the game mm-hmm So they bring out John Elway football player Roger Craig football and then David Petraeus Did he have his uniform on and he's doing yes, and then he's the one who flipped the coin What is up with that? That's what I'm thinking. It's just a bit. This is a commercial event and You know, that's run by a football league and on a team. What are we bringing the military in for? Wow, hold on. Oh man, she's taking a deep breath. Let me just hear a little bit what you're talking about. You know, American television does this so well. You got the close-ups of the players. Oh yeah. Wow, that's good. That's hard to say. It does look a little bit like she's lip-syncing.

32:22 Well, I don't think you can tell on the YouTube video. Yeah, I can. I'm a professional. No, but this always looks like you're lip-syncing on YouTube. But no, no, no. You can just tell by the lack of force emanating from her face. Yeah, possible. If I was doing it, I'd want to lip-sync it too. Hell yeah, because the thing is you get that slapback from the audio comes back like a, you know, almost a full second later. It's almost impossible to sing in a stadium. Okay And anyway the other thing they had a kind of a questionable ad for the castrol edge Which is a oil I guess it's synthetic where a man kisses a monkey That's hot it was gross really was that for viscosity breakdown and then if I don't yeah And then I got a note here

CHAPTER 14 / 31 Discussion

Bruce Springsteen Halftime Show and Pepsi Ads

Bruce Springsteen's halftime performance is reviewed, with the hosts questioning the authenticity of his "working man" persona given his massive net worth. The show featured Max Weinberg and the E Street Band, ending with Springsteen jokingly shouting "I'm going to Disneyland." Other Super Bowl highlights mentioned include the Star Trek movie trailer and various Pepsi advertisements.

bruce springsteen· halftime show· max weinberg· pepsi· star trek

33:16 Oh, Michael's... I really dislike his announcing. Pepsi Max... Oh, they had a trailer for the Star Trek movie. That looked pretty interesting, but again, it's J.J. Abrams, so I'm sure that it's mostly just suspense and things blowing up. That's about it. Yeah, there was clearly no, aha moment, what a great piece of video we just saw. They just don't do that anymore. I thought the Pepsi ads were pretty decent. Yeah, I'll have to go take a look at that. There was a creepy ad for something called G. How was that? Which I think is Gatorade. How was Bruce Springsteen at halftime? Oh, yeah, Bruce Springsteen. Bruce Springsteen, I didn't make a note on that. It's actually kind of funny. I thought he was great, except, you know, it was like singing, you know, singing

34:16 Tramps like us baby we were born to run and watching him sing that then thinking to yourself you know this guy's worth 250 million dollars if he's worth a nickel. Why you know this song is just completely ridiculous. For him to sing it now you mean? For him to sing it ever. You know tramps like us baby we were born to run give me a break. And then at the end he does have this joke, he says, you know, he has the camera and he's holding the... Here's the thing, I made a note of this. They introduce him at the beginning and he comes walking out with a guitar and then takes the guitar off and throws it to somebody and then comes out and sings.

35:01 What was the point of that? I didn't see it, man. I don't know. I mean, why would you wear the guitar in the first place if you're not gonna play it? Well, maybe he decided to play a different song to start off with. Yeah, right. What was the first song? Born in the USA? Did he do one of the new songs? It might have been. Whatever the case was, I thought this was bullshit. And so... Then he sings you know this other stuff, and he's got the whole now He has a max Weinberg who's the drummer of his of his E Street band? but he's got the entire max Weinberg 7 from the from the From the Conan O'Brien show playing which I must have been a thrill for them anyway at the end He holds up as we did put a guitar on later and play and he holds it up and says I'm going to Disneyland So he's probably got it extra bonus. Oh, yeah for pulling. Oh, yeah for sure oh

35:49 Hold on, let me just hear the glass breaking note, John. Go up! There it is. Not everybody can do that. No. Listen to this. Goosebumps. Fuck yeah! America! Fuck yeah! We're America! Bring out Petraeus! We're Americans! That was good. Yeah, it was good. Oh, and they got the jet fighters flying over? Nice. Oh yeah, you gotta have that. You know, we turn these events... When... I'm actually annoyed by this. When did it become the thing to do? I believe in the 30s or even after World War II

CHAPTER 15 / 31 Discussion

National Anthem Traditions and the Pledge of Allegiance

The tradition of playing the national anthem at sporting events and reciting the Pledge of Allegiance in schools is debated. A news story is discussed involving a teacher who allegedly placed a picture of Barack Obama next to the American flag, leading to parental complaints. The hosts reflect on the history of the "under God" phrase in the pledge and its role in reinforcing republican values.

national anthem· pledge of allegiance· barack obama· schools· patriotism

36:48 When you went to a baseball game, they didn't do the national anthem really it's a baseball game No, this is new you recall this John because in my boyhood I know but I'm telling you I remember when I was a kid It was never as played up as much as and I used to go to games in Chicago. It's all right Ladies and gentlemen, please rise for our national anthem, right? What is this, a military event? I thought it was a baseball game. Do we have national anthems before a bowling tournament? John, I mean where do you draw the line with this? Well, you know that many people find it strange to know that American school kids in the morning, because really you think about in the morning. In the morning. Hey, it's American school kids in the morning everybody. Buzz Killing Crackpot here.

37:44 that American school kids, not unlike you would think of the Chinese school kids, stand up and pledge allegiance to the flag of the United States of America. Yeah. You know, that is all... Patricia finds that creepy. Well, that's something that was instituted... I personally like it. I like it. I like pledging allegiance to our country and our Constitution, and if that symbolizes the flag, I'm okay with that. Yeah, well we used to do that. You and I was the... I don't know when that came into play. That probably was in the 50s or maybe during World War II. I'm not sure. I know it probably wasn't in existence back in the 1920s.

38:24 But it also helps remind people that we are a republic and to the Republic for which it stands. That does do that. And I don't know when I was a kid we used to do that all the time. Every you know pledge allegiance to the flag blah blah blah United States of America. Can you not say it? Can you not pledge the allegiance? No, I can pledge allegiance to the United States of America and for the Republic for which it stands. One nation under God and then it goes on. in this rule with liberty and justice for all. Hell no! So that was actually, it's not a bad pledge. You know, I know that the, a lot of Jewish kids would not say the under God part. And of course nobody cared. Right. And they'd mumble something. And which I don't understand why, but okay. And it wasn't like under Jesus.

39:20 And then there's a bunch of atheists who try to get the under God part removed. And they argue that that was only added I guess in the mid-50s. I don't even know what the history is. I'm sure Wikipedia has it. I don't know. I think yeah, it's not a bad pledge and you're trying to say with liberty and justice for all pounding that home is probably not a bad idea because we're not getting a lot of liberty or justice and so maybe we'll get some revolt by the kids. I don't know if they still do that pledge every day. Oh, yeah. Oh, definitely. And in fact, I read somewhere that one school actually had one of those Obama cutouts and that the kids were pledging the allegiance but looking at the Obama cutout. I mean it sounds like it. There was a news story I read, this is another similar story, where some teacher, because a lot of these teachers are in the teachers union.

40:10 And one of them apparently, I was going to blog this and somehow I didn't. I don't know why I should go back and revisit it. I'm sure it's going to crop up more though. Apparently some teacher put a picture, you know, they have the, I guess instead of having a flag, we always had a flag in our class, but instead of having the flag, they have a picture of the flag. And next to the picture of the flag, he put up a picture of Obama. And so you had a kid standing up doing the Pledge of Allegiance to Obama and the flag. Pledge of Allegiance to the flag, but Obama was there. And so the kid moaned about this to his parents, who are kids obviously some five year old or fifth grader who's a Republican, which is creepy if you think about it.

40:50 They bitched it to the school and a big fuss was made and they wouldn't take the picture down and you know the teacher ended up winning I think the battle of the Obama picture. But I remember seeing you know in some classrooms if I'm not mistaken because you float around you see this stuff you see there was pictures of Clinton or Reagan or pictures of George Bush I mean you know so is a picture of Obama I can't get that worked up about it. Yeah me neither. But it was one of those stories that people were going, oh my gosh, uh... The concert. Well, you know, the right wing has not reacted with much grace. Hey, were there any commercials about mercury in high fructose corn syrup on the Super Bowl?

CHAPTER 16 / 31 Discussion

Mercury in High Fructose Corn Syrup

Mainstream commercials are attempting to debunk reports that high fructose corn syrup contains trace amounts of mercury. The hosts explain that mercury can enter the production process as a catalyst during the manufacturing of the syrup. They criticize the food industry's propaganda and the lack of public concern regarding industrial food processing.

high fructose corn syrup· mercury· fda· food safety· catalyst

41:41 No. Okay. I'm seeing commercials now debunking, so these are mainstream commercials debunking this, I'm sure you saw the news that there's apparently trace of mercury in high fructose corn syrup. Yeah. And so these commercials are like, hey, this is with high fructose corn syrup. And the guy goes, oh, I don't want that because, you know. Yeah. This commercial has been around here for a while. Yeah, okay. I don't want that and then she goes and this cute girl, of course the girl's real pretty. Of course, because you want to get laid so we're going to have some high fructose corn syrup. And so the girl says, really? You don't like it? Why? And he goes, uh, I don't know. I don't know. And then I think she throws some propaganda back and I'm like, well, you know, it has fructose, all it is is fructose and sucrose and it's the same as it, you know, blah, blah, blah. What is it? But what is it really, John?

42:37 It's a manufactured, one of the reasons I don't like it, it's a manufactured sugar that goes through a site, literally an oil refinery process. With guys with yellow hats on and stuff? Oh absolutely, you have to have hard hats in any environment. Absolutely. And oil slicks everywhere? I guarantee there's hard hats where this stuff is made. And these guys, again people with clipboards looking at gauges. And so... Looking important. I need a few more millibars here. So this goop falls out of a spigot, you know, after the process is over and it's manufactured. It's not a natural product.

43:17 and it's a mixture of different kinds of sugars, mostly it's got a lot of fructose. But you know the exact structure... What is fructose? What is that? That's the kind of sugar that is found in most fruit. It's fruit sugar. So where does the mercury come from? The mercury apparently comes from one of the, within the processing there is I guess some sort of a... A poisoning step. Wait, you forgot to pull it through the lethal poisoning too, Peter. I think it's used as a, in one of the processes in some

43:59 I looked it up to be honest about it after I read the story because I thought this is bull and there is some stage in the process where you need a catalyst. And I think it's part of a catalytic process that turns something into something else along the way and somehow the mercury which is involved got leached into the process when it really shouldn't and I guess it became a big scandal. That's the only thing I you know, I'm sure sugar refiner the guy who runs one of these refineries that makes this crap Well, nothing will happen. Are you kidding me? Nothing's gonna happen. This is the story's already gone. No one gives a shit. Keep eating. There's a lot of underlying, you know, people are getting a little annoyed by the government by well, the government's inability, you know, I think the SEC is a good example. You know, we get these agencies that are supposed to protect us. They don't do anything. Well, not only that, they're complicit. It's clear, they're complicit. They're in the plot.

44:59 They're getting paid, they get hookers, they get dope, they get all kinds of stuff. It's a great big fucking party in DC and in any other governmental organization because it's just gone out of control. Well the public is getting a little tired of it and I think the FDA is in their sights. They don't trust them and they're not doing anything about food. We had this poisoning with this salmonella thing with peanut butter. I mean the whole country's peanut butter supply which is one of the few countries that eats this stuff. is contaminated and it's apparently been contaminated for a year and the owners of this plant got all kinds of warnings and they were told that they had unhealthy working conditions. I know, it's outrageous. And why isn't the CEO of that company in jail as we speak? Because Martha Stewart makes better headlines.

CHAPTER 17 / 31 Discussion

Peanut Butter Salmonella Outbreak and FDA Oversight

A major salmonella outbreak linked to a peanut butter processing plant has resulted in at least eight deaths and widespread contamination. The hosts criticize the FDA for failing to act on prior warnings about the plant's unsanitary conditions. They compare the lack of criminal prosecution for the CEO to the high-profile imprisonment of Martha Stewart.

salmonella· peanut butter· fda· melamine· wrongful death

43:59 I looked it up to be honest about it after I read the story because I thought this is bull and there is some stage in the process where you need a catalyst. And I think it's part of a catalytic process that turns something into something else along the way and somehow the mercury which is involved got leached into the process when it really shouldn't and I guess it became a big scandal. That's the only thing I you know, I'm sure sugar refiner the guy who runs one of these refineries that makes this crap Well, nothing will happen. Are you kidding me? Nothing's gonna happen. This is the story's already gone. No one gives a shit. Keep eating. There's a lot of underlying, you know, people are getting a little annoyed by the government by well, the government's inability, you know, I think the SEC is a good example. You know, we get these agencies that are supposed to protect us. They don't do anything. Well, not only that, they're complicit. It's clear, they're complicit. They're in the plot.

44:59 They're getting paid, they get hookers, they get dope, they get all kinds of stuff. It's a great big fucking party in DC and in any other governmental organization because it's just gone out of control. Well the public is getting a little tired of it and I think the FDA is in their sights. They don't trust them and they're not doing anything about food. We had this poisoning with this salmonella thing with peanut butter. I mean the whole country's peanut butter supply which is one of the few countries that eats this stuff. is contaminated and it's apparently been contaminated for a year and the owners of this plant got all kinds of warnings and they were told that they had unhealthy working conditions. I know, it's outrageous. And why isn't the CEO of that company in jail as we speak? Because Martha Stewart makes better headlines.

45:50 They've so far, this peanut butter has killed eight or more people. Eight was the last count I heard, which was last week. I haven't seen what the body count is since then. And this is wrongful death written all over it. I'm sure the lawsuits will wipe these guys out, but then again, they'll get nothing because these guys are going to go bankrupt. You can count on that. And the CEO is going to be living in Bermuda. I mean, this guy and probably half the executive staff We need to follow the, you know, we need to follow the way China does it. Yeah, hang them. Hang them. Well, we also have melamine in our milk and it's the FDA actually said it's okay. You can have X parts per million melamine. It's okay in our milk. It's okay. Nothing to see here people. Please keep walking. Move along. Move along. Nothing to see here. Just a little bit of melamine being added. But I get to, here's the other thing that I think has got to annoy the public. You have like, we have bicycles.

CHAPTER 18 / 31 Discussion

Raw Milk Regulation and Dungeness Valley Creamery

The Dungeness Valley Creamery in Washington State faces ongoing regulatory harassment for providing raw milk. The hosts argue that raw milk is superior to pasteurized products but is suppressed by legislation favored by large-scale industrial dairy producers. They contrast the treatment of clean raw milk farms with the leniency shown to industrial plants facing contamination issues.

raw milk· dungeness valley creamery· pasteurization· washington state· fda

46:45 Well, that's another story. We have in Washington State, you know, there's the Dungeness Valley Creamery, which is down, it's about 20 minute drive from our house in Port Angeles. And we get all our milk from there and it's raw. And this guy, who's a clean freak by the way, which is typical of these raw milk guys, which means you have to really do a serious number. And the cows look so contented at this place, it's unbelievable. They're happy, right? They're like, moo! You could tell, I mean seriously. They're smiling, you can see cows smile, I know you can. Absolutely. These cows are happy and they produce a good product.

47:25 And this guy is harassed, harangued and just basically intimidated from the get-go. He was the first raw milk provider in the state of Washington. He's worked on it for 10 years, pushing and pushing and pushing the legislation to change because all these guys who make this crappy product that needs to be pasteurized because it's contaminated. And diluted and added melamine to it. Because they were support are basically in the cahoots with them you know these well, I don't see how this raw milk place can stay in business and Meanwhile the raw milk is a million times better for you if you know you know that It's just that public has got to be sick of this of the but you know a lot of them are still reading stupid No, no, we're not just that we're looking at Amy Winehouse

CHAPTER 19 / 31 Discussion

UK Milk Shortage and Canola Oil Origins

A blizzard in London caused a temporary milk shortage at local Sainsbury's stores. The discussion shifts to the origins of canola oil, noting it is a rebranded version of rapeseed oil developed in Canada. Additionally, the hosts mock the British tabloids for their obsessive coverage of Jessica Simpson's physical appearance.

london· blizzard· canola oil· rapeseed· jessica simpson

48:14 It's more important. I went to Sainsbury's to go get a couple of, to run some errands and there was no milk because of the blizzard of 2009 that we had here. No milk. There was just no milk. There was no milk. How do you drink your tea? That's impossible. It's very challenging. But yeah, no milk. You can always switch to green tea during these periods and drink that. That doesn't need milk. We'll be drinking rock and nettle tea pretty soon, dude, in this country. So broke. I know that's one of the big stories there, but the other one I thought I kept running into in the Daily Mail is the Jessica Simpson chubbing out seems to be a big story. You've got to be kidding me. You actually follow that?

49:01 I'm not trying to. It's hard to avoid, I know. It's hard to avoid. They keep showing these pictures of her in these kind of funky pants she wore once. And the Daily Mail is calling her a size... I think she's a pretty small girl. But they're calling her a size 12. Oh, please. I don't think that's possible. It's so sad. But anyway, I think the public is getting fed up. Well I hope so because... It's just a portion of the population. It doesn't take everybody to get fed up because some people are just going to eat anything and they don't care about...

49:38 high fructose corn syrup or the fact that soybean oil makes a better fuel than it does cooking oil. And that canola oil is, there's no such thing as a canola plant and canola oil means Canadian oil with low acidity and is actually rapeseed oil. This sort of thing, I always get the biggest kick out of the number of people who use canola oil and I always bring the same thing up. What does it mean? What is a canola? Have you ever seen one? Where does it come from? It's a beautiful tree, the canola. The beautiful canola tree. And he's like, uh, anyway, they couldn't sell it as a rapeseed oil because nobody would buy it. Well, I agree with you. I think the public is getting fed up. I watch C-SPAN every morning. It's the early morning show when you can call in and they have a independent line, a Democrat line and a Republican line, which is kind of cool. So the people are kind of pre-identified as they call in.

CHAPTER 20 / 31 Discussion

FEMA Camps and Historical US Coup Attempts

Concerns are raised regarding FEMA camps and gun control legislation like H.R. 45. The hosts discuss the "Business Plot," a 1933 attempt by wealthy businessmen to recruit General Smedley Butler to overthrow President Roosevelt. They argue that while overt coups are rare in the US, the government has effectively been taken over by the military-industrial complex.

fema· h.r. 45· general butler· fdr· second amendment

50:33 unfortunately everyone sounds eighty who calls it which is kind of a bummer. Who else is to see Spanisep U? But it's great, but it's really good, it's really entertaining particularly the live Obama show which seems to be just about every morning But you know, now that everyone's getting upset and even though it's trivial in the true theft that is taking place and has already occurred, you know, these bonuses and people are getting really mad. And in the meantime, you know, we've got FEMA building camps to throw the troublemakers in, that's my opinion. And we have bills like H.R. 45 which are intended to take away our guns, which is kind of the cool thing about America, is that we, you know, at the end of the day, and I don't think it's actually ever been, has it ever been tried? We've never had a true coup attempt, have we? Yeah, well there was a mild attempt on Roosevelt.

51:33 Very interesting story. It was by the Democrats, I might add. They tried to get, I think the guy's name was General Butler. This is actually on the blog. I found a good reference to it. Everyone knew about this. My dad actually told me about this when I was a little kid that he knew something about it. But all the documents have come out since. And the Democrats didn't like Roosevelt. He was not one of their normal Democrats. He was kind of a combination of a Republican and a Socialist in some funny way. But he wasn't part of the system that they had, and they wanted to get rid of him, so they were going to do a coup, have General Butler, who was apparently very famous at the time, take over the government, and they were all going to go along with it. Oh yes, claiming that the President was disabled, you know, because he had polio or something like that, and he couldn't function properly. And the General, and I think American military tends to be this way,

52:29 said no basically, so you guys are crazy and the whole scheme fell apart. I'll put another link to that in the blog because it's really an interesting story and that's the closest I think we've come. But that is a part of the point of the Second Amendment is to be able to overthrow the government or remove the government, is it not? Well, I think it's to protect the government. The idea is that if you had a situation where the government was overthrown by the military, then you could arm and reinstall the rightful government. Well, the government has been overthrown by the military industrial complex. It has happened. It's done. It's in place. It's not obvious. Yeah. September 10th, 2001, Donald Rumsfeld says, and I quote, yeah, we can't find $2 trillion. Yeah, not obvious. That's right. They covered it up.

53:24 One day later. One day later. The thing is that the people who were going on and on about how Bush was going to just take over and he was going to be the third, he was going to take a third term and he was going to nuke Iran so they could stay in office and push off the elections. None of this happened. These people are all crazy. But the same, I remember hearing the same crap, and it's always the Democrats who push these agendas, by the way. You know, you think all the Republicans have got all these conspiracy theories about this and that. Yeah, they have a few, but they don't keep thinking stuff like, like, you know, the president's going to declare martial law and then next thing you know, it's going to be, you know, a third term for Bush. They said the exact same thing about Nixon.

54:05 Well, maybe I remember this guy one writer Mark Rich. I thinks his name. Oh, you know, he said well Nixon had it planned He was gonna be in for the third term then it was gonna be the I swear to God He said there was gonna be crowned emperor and these people were actually believing this Emperor Nixon That's kind of cool. I Mean we these guys are kind of emperors. We might as well make them that just call them by their name You know, I got some cool album art for today's show by the way. I Yeah, Emperor Obama. No, no, no, it's you and I. It's a cartoon. You and I throw in the O, and it's Crackpot and the Buzzkill. You'll like it. Good. Hey, you know what just came out? The BBC just released? The Hudson Plane Crash Audio.

CHAPTER 21 / 31 Discussion

US Airways Flight 1549 Cockpit Audio Release

The BBC released edited audio of the US Airways Flight 1549 emergency landing in the Hudson River. The hosts analyze the communication between Captain Chesley "Sully" Sullenberger and air traffic control, noting the calm demeanor of the pilot. They express frustration with the FAA for not releasing the full, unedited raw audio of the incident.

flight 1549· hudson river· teterboro· air traffic control· bird strike

54:54 The missing tape that I've been looking for. Oh, the one you've been looking for. Yeah, you want to listen to it? And I'm sure it sounds all spliced up. Well, let's listen. I haven't heard it. You want to do it? It's only like a minute. Sure. Yeah. Alright, let's go. Hold on a second. This is Cactus 1539. It burns through Floss Trust. I'm told the engine's returning back towards LaGuardia. Okay. It burns. Okay, yeah, you need to return to LaGuardia. Turn left heading of 220. 220. Tower, stoppy departure, he's got emergency returning. It's 1529, he, uh, bird strike, he lost all engine, he lost the thrust in the engines, he's returning immediately. See, how come we don't hear that part? So, so we hear, I hate this, so we hear him say bird strike, we're turning back, and then this guy calls the main, another controller, and he says, oh, he's lost thrust in both engines. How come we don't hear that part?

55:44 I hate that. Yeah, well maybe he just, maybe the air traffic controller was just dreaming it. Well let's listen to... Maybe it was in the script. Let's listen to the rest of it. He lost thrust in both engines, he said. Got it. Act is 1529. If we can get it to you, do you want to try to land 1313? We may end up in the hot zone. 15.9 runway 4 is available if you want to make left after runway 4 Hudson not an option. Once we are to our right anything in New Jersey maybe Peterborough. Ok yeah off your right side is Peterborough airport. Do you want to try to go to Peterborough? Yes.

56:24 We're gonna be in the Hudson. Wow, so that was 1 minute and 20 seconds, and the guy made... so of course it was edited. So it sounds like he made three phone calls, three separate phone calls to other controllers. I don't know, man. I just hate it when... why don't they just release the raw audio? I hate it when they do this. I want to hear all the details. I want to hear how he called it in, you know, Bird Strike. That's all I get?

57:18 Who could be in the Hudson it is kind of funny though. I mean you listen to it guys awesome I mean, it's it's it's that's like a Bruce Willis vibe there. Yeah, yeah, totally It's like well, you know, but here's the piece of the audio that we're missing when he says you want to go to Teterboro You know the piece of the audio which I'm sure we'll find in the cockpit voice recorder is fuck. No, I hate Teterboro It's always got a crosswind what a piece of shit Airport. I don't want to go there I'd rather go into the Hudson That's the piece we're missing they edited the good stuff out. I tell you damn it Yeah, I'd rather be in the Hudson. It's a good one. It's like total John Wayne stuff man. It's beautiful You could make that stuff up. You know we should probably do a take off on the whole thing okay? Let's see what we got here for last Saturday. I had a couple notes

CHAPTER 22 / 31 Discussion

Show Production and Finnish Listeners

The hosts discuss internal show production notes, including a plan to play at least two Obama-related jokes per episode to maintain a light, radio-style atmosphere. They mention a group of Finnish listeners who reportedly stopped their own "No Agenda" style show because they could not keep up with the hosts' new twice-weekly schedule.

obama jokes· skype· finland· podcast production· radio style

58:16 See if we can make this make sense. Yeah, we had a note to ourselves, John, that at least twice an episode we would play an Obama joke. Just wanted to keep the quote up. Yeah, that's good. And that's actually kind of a snap. It sounds radio-ish. It makes the show sound light. Oh yeah, I have five of them so I can intertwine them and make new remixes. We'll have enough to last us a year. We should probably throw in some of that In The Morning stuff too. You might as well pull a clip from that. We should also do, uh, 100 days, day 17, Obama, In The Morning, FM, radio. Yeah, we should. To really annoy our listeners. They get off on it. They're throwing the O on the Skype chat, by the way.

59:14 So who is the we got to get that website up? I'd up. No say no more So now I've got these notes. These are from last week your last Saturday um One says YouTube does that ring a bell no? I've heard of the I've heard of YouTube Hold on John. There's a longer P. I won't be able to hear that never mind for here's another note. I made yeah finish cussing Yeah, well, yeah, yeah, it rings a bell, but you weren't supposed to bring it up on the show You were supposed to have some finished cuss words. Oh finish. I guess it's finish. No, it's always oh No, but it's irrelevant now because they're quitting the show. Oh, they always quit Yeah, no, they're quitting the show because like well if those guys are gonna do two no agendas, we can't do two no agendas That's gonna cut too much into my family time. Oh

1:00:16 Yes, so much work Drag about something that just heard you know they could you know the other thing is they could just do the one Yo agenda show about the Saturday show yeah, and it's just skip us. Yeah, you know yeah, okay? We finally beaten back. They obviously had can't Can't hack it okay. Here's another one IPO versus 55 and I've got 55 circled IPO Versus 55 and 55 is circled. I am listen IPO versus 55 I don't know I'm gonna have to pass what it I'm gonna have to pass Alec Alex Alex Alex Trebek

CHAPTER 23 / 31 Discussion

Sarbanes-Oxley and the Lack of IPO Markets

The collapse of the IPO market is attributed to the Sarbanes-Oxley Act of 2002, which increased the cost and complexity of going public. The hosts argue that the lack of traditional IPOs forced financial institutions to create risky real estate investment packages to maintain profits. Personal anecdotes about the "pricing meeting" process during an IPO are shared to illustrate industry "scams."

sarbanes-oxley· ipo· real estate· investment· financial collapse

1:01:06 I've come to the conclusion that the only reason that the, I think I may have mentioned this on a Cranky Geek yesterday or the day before, yesterday. I've come to the conclusion, I haven't written this up, but that the only reason for the entire financial collapse is because they created all these crazy real estate investment deals that were all packaged and sold and bought and sold and bought, mainly because there was no IPO market to rip off and scam the public. Oh, okay, yeah, very good point. Very good point ever since our baby's actually blame on Sarbanes-Oxley, which how old is that now eight years seven? I think it came in in 2002. I believe so about seven years. Yeah, fantastic. Great job. Yeah. No, that's a that's a very good point Yeah, cuz these guys are always making money on the you know on the on betting on these old IPO deals and they were always packaging them up to all the time was spent doing those things there were no IPOs last year one maybe I'll never forget when we when we took our company public and

1:02:05 You get the infamous pricing meeting the evening before. So essentially the underwriter, the bank, looks at their book, their order book, and they have maybe 10 people who will each say they'll take 20%, but they know they really won't, you know. And they just look at all the shares and they look at how much money needs to be raised, and of course really how much money they're going to take in fees, warrants, and all kinds of other tricky stuff. And then they have a little something left behind the scenes called the was the green shoe So if you need more shares to make up the amount of money the company needs to raise you know There's more it's all kinds of tricks and all kinds of shit going on and then you have that pricing meeting and For a number of reasons we had to be priced at and this was very very early. This is before dot-com mania This was 96 and we actually were company making money and

1:02:57 And so but we need to go out at like $7 a share. It was very small IPO. And so they said, nah, it has to be six bucks. And there were a number of reasons with investors pre the IPO that it had to be a minimum of seven. And we just left. We walked the deal. And of course, they wouldn't let it bust. But it was just amazing to see how, like clockwork, if you read a book about going public, this is exactly what happens. And it's one big scam. They're all horned. pole dance, beer drinking cheats. Yeah. So they went into a, they couldn't do that anymore. So they had to find something else to do and they screwed it up because they weren't used to it. They never saw it as anything like this.

CHAPTER 24 / 31 Discussion

Origin of the First 100 Days Metric

The hosts investigate the origin of the "First 100 Days" political metric, debating whether it started with Franklin D. Roosevelt or was popularized by Steve Jobs during the 1984 Macintosh launch. They conclude that while Jobs used it as a marketing milestone, it likely has deeper roots in the Roosevelt administration's rapid legislative push.

fdr· steve jobs· 100 days· macintosh· presidency

1:03:43 Here's another one that's on the list. Who started the 100 days? Yes, we were talking about that. We talked about it after we stopped recording. And you see the graphics everywhere. I know that it's now day 17 of the first 100 days. And who started it and why? Because it's illogical. A quarter, everything goes by quarters, so it would be 90 days. Well, the first time I remember it, although somebody might give me an earlier reference and maybe one of our listeners can, And maybe there was something to do with Roosevelt because again, you know, everything is a Roosevelt Roosevelt So it might have been a Roosevelt thing I mean there may have been a hundred day deal with Roosevelt But the first one I personally remember experiencing was the hundred days of the Macintosh from Steve Jobs He had his hundred day when he rolled out the first Mac in 1984 was gonna be this hundred days We got to do this is our goal we have a hundred days to do this and a hundred days to do that two hundred days to sell so many machines and

1:04:37 And after the 100 days, you know, they accomplished it and that was that. But they made a big deal out of it. Well, Jobs isn't original, so it's very likely that he was the first one to come up with it. Maybe, but I doubt it. I just doubt it. I just have a sense that I don't think so. But if nobody can come up with another one that actually, you know, it has to also be, if you find a 100 day thing, it has to have some influence. In other words, it would have to have been a Roosevelt or a Reagan or some president or some big thing or a Ford Motor Company. It couldn't be just, you know, Joe Schmuck down the street at the Chamber of Commerce came up with a 100 day plan. Yeah, that's where it started. Yeah. Maybe it did start with FDR. Who knows?

1:05:21 Yeah, it just sounds like an FDR thing to me. And the fact that Obama's trying to be FDR. Here's another one. Looking forward. Here's another one. I have a squiggly arrow pointing at a square box, and inside the square box are the numbers 101 and 102, and the number 101 is circled. Wow. I don't know. Now this comes right after it says who started 100 days and I have an arrow that goes over and then dog legs down and says Obama breakdown and then I have that's where these two numbers appear 101 and 102 so it may have something to do with 100 days is there 101, 102 I don't know. That was probably your own little thought thing there you didn't share it with me. Yeah this is ridiculous what's the point of making notes if this is what you end up with? Very good question John.

CHAPTER 25 / 31 Discussion

Dick Cheney Warnings and Inauguration Security

Former Vice President Dick Cheney warned of a high probability of a nuclear or biological attack, criticizing the Obama administration's security policies. The hosts discuss a theory that Cheney used a wheelchair during the inauguration specifically to avoid standing for Obama's speech. They also mention high-resolution "gigapan" photos of the inauguration crowd.

dick cheney· barack obama· terrorism· inauguration· tom brokaw

1:06:15 And here's another one. This one's at an angle and it's circled and it's the number 102.44. 102.44 FM everybody, it's JCD in the morning! 102.44. Yeah, so maybe somebody can help there. Maybe somebody had a temperature. Not sure. Switching gears, former Vice President Dick Cheney warned that there is a high probability that terrorists will attempt a catastrophic nuclear or biological attack in the coming years and he fears that Obama's administration policies will make it more likely the attempt will succeed. That guy never gives up. He's fantastic, isn't he? He's unbelievable. So somebody said this on one of these talk shows and I can't remember who it was or where but I'd credit him.

1:07:04 What they said Dick Cheney comes in he supposedly had you know some sort of you know fell down or hurt himself so he had to be in a wheelchair for the Obama inauguration speech and if you see the pictures there you'll see him sitting next to Bush and he's in this wheelchair. Yeah like Dr. Evil. The guy's comment was I think it was well you know who I think it was is the guy. I think it was Tom Brokaw. No it was DL Hughley. DL Hughley said this he says the reason for this is because he didn't want to ever have to stand during Obama's speech No way. He said that that's funny It's as soon as he said it. I said that could be it Yeah, well, it doesn't want to stand I mean Obama's coming in there all everyone has to stand up right the president comes in he doesn't have to because he's in a wheelchair so screw you It could be true, I think I heard Tom Brokaw say he looks like dr. Evil

1:07:57 Oh yeah, he did say that. Brokaw's gotten kinda nutty. But, uh, so I've got this, another thing I want to blog. I've met him, he's a cool guy, Brokaw. I think he smokes dope and a lot of it. He looks like he does. He kinda talks a little bit like he does. Well, I was smoking that marijuana today, yeah. He looks like, uh, Dr. Evil. He does that too a lot. I went to blog entry for the FDR. I said I was going to blog something else. Vice President Cheney, let me ask you. I'm Tom Brokjaw. That's getting there.

1:08:38 There's this picture. I'm gonna blog it today. I could keep promising this and I haven't done it The guy is amazing protecting the country security is a tough mean dirty nasty business He said these are easy. Yeah, these are evil people and we're not going to win this fight by turning the other cheek Obama that's how religious yeah, he should just shut up for real Anyway, there's this picture. I'm gonna blog it. I'll try to do it to this afternoon or tonight and

CHAPTER 26 / 31 Discussion

Joe Biden Listening Tour and Political Exile

Vice President Joe Biden has been assigned to a "listening tour" focused on the middle class, which the hosts interpret as a way to keep him out of the main political picture. They speculate that Biden's tendency to speak his mind led the administration to place him in a "penalty box." The seating arrangement at the inauguration is cited as evidence of his diminished status.

joe biden· middle class· listening tour· barack obama· vice president

1:09:16 It's a super high resolution, multi-megapixel shot of the inauguration audience with Obama in the middle. I've seen that and there's another one from... there was another one that I saw that was not the ones you sent me. It's from globaleye.com I think? Yeah. And that's from the top? That's amazing. You can read the tag on women's bras. It's unbelievable. It's just outrageously beautiful. So anyway, so this one that I sent you a copy of has, you know, I was looking for Maggie. And you know who's in our office and she was in that audience somewhere I couldn't find her But there's a lot of other people that are missing I couldn't find John Doar for example in any of the what I love I love the expressions on everyone's faces Did you zoom in and look at Biden and look at yeah, Biden was put over in the peanut gallery? What's he doing over there? That's why it was looking so prunish

1:10:11 I thought that Biden was given the bum's rush. I mean, you can tell by where they sat these people who was going to, you know, what was the situation and Biden looks like he's out. Well, he is. He's on that listening tour for the next six months. So they shipped him off. Definitely. He's definitely out of the picture. Yeah. Because, you know what I think? I think Biden actually Has some heart for the country and he's making trouble and he wants to really do something and so they've tuned his chip or whatever and said okay you now will help middle class go on listening to her report back because I think the guy might actually have some real spirit in him. I'm more of the opinion that they're gonna screw him, they're gonna put him in the penalty box for a while for something he may have said during the campaign. You know it's interesting you bring that up

CHAPTER 27 / 31 Discussion

Rod Blagojevich and Chicago Political Culture

The corruption scandal involving Illinois Governor Rod Blagojevich is discussed as a symptom of Chicago's "mob-like" political style. The hosts compare the rapid release of Blagojevich's wiretap tapes to the secrecy surrounding other government audio. They also note the changing demographics of Chicago, specifically the significant growth of the Latino population.

rod blagojevich· chicago· richard daley· corruption· latino population

1:11:04 This whole Blagojevich business... This guy must have pissed off someone, somehow. Because I was thinking back to, you know, how did all this come out? And all of a sudden there were audio tapes, I mean we can't get the audio tape of the hero Sullenberg flying into the Hudson, landing in the Hudson, ditching for four weeks, yet no problem, within minutes we've got the Blagojevich phone tapes of him, you know, basically selling the Senate seat, which I'm sure is business as usual across the entire government. He must have pissed someone off real bad. Yep. I wouldn't be surprised, especially in Chicago. I need to understand more. Chicago politics, there's a lot going on there. Historically, we should know because our president is from there and he comes from that pool. Is it daily? Is daily the dawn?

1:11:59 Yeah, Daley, he took over from his father, who was the original guy, and then they had a bunch of boneheads in the middle, and Richard Jr. took over, and he's running the show. And you know, he runs it, you know, Chicago's always been run with a kind of a mob-like style, with a big boss. Which I kind of like, I don't mind it, I think that's kind of cool. It works, you know, Chicago's not the worst place in the world. Although I think it's becoming kind of, it's starting to fall apart. I'm not going to blame any ethnic group, but... But while I'm at it... Well, maybe I shouldn't even go there.

1:12:35 You lived in Chicago, right? Only when I was a little kid. But I still go back there because there's a lot of meetings and things that happen in Chicago and I'm always driving around. And I'm a Californian so I rent cars. So I'm always driving around. And I think Chicago is becoming, I think it's going to have the second biggest Latino population outside of Mexico City shortly. I'll tell you, you can get as good a taco or... seriously, it's not... you know... It's no longer known for its deep dish pizza. It's now home of the taco. I'm telling you, they got good tacos there. I mean, we have good tacos in the San Francisco Bay Area and there's lots of great ones on San Diego and of course, if you go to Mexico, you might find them there too. But Chicago's just got... just unbelievable. But it seems to be...

CHAPTER 28 / 31 Discussion

John C. Dvorak Writing Process and Universal Life Church

John C. Dvorak describes his non-linear writing process for his PC Mag columns and books, explaining that he rarely relies on traditional notes. The conversation shifts to the Universal Life Church and its founder, Kirby Hensley. Dvorak reveals he holds a "Doctor of Divinity" degree from the organization, which allows him to use the "D.D." suffix.

writing· pc mag· universal life church· kirby hensley· doctor of divinity

1:13:31 Seems to be a huge influx now. They may be that may be reversing because now that it seems that they're cracking down on Wasn't there a lot of? Construction going on in Chicago for the past 20 30 years. I don't know. I don't notice it hmm I do have a question John your notes are so interesting to me And I do love playing the what the frig did John write down a week ago game but how in in the devil Do you manage to write a book? I mean, you don't take notes properly. How can you ever reconstruct it to create... I mean, don't you have to take notes when you're doing your investigative work for... I do... no... Or is this book more phantom than I think it is?

1:14:16 No, no, the book is actually done. No, the way you do it is you write. Taking notes and then using them later has never been an effective method for me to do anything. Unless I have the one big idea. The best kind of notes that I make are thematic. Do you just write it in Word or do you use an outliner of any type? I don't use an outliner. I just write straight up. Do you use a Remington typewriter? I use an Olympics. The Olymp... I blew the joke. I can't remember the name of the typewriter company. I think it's Olympus or Olympic. I'm not sure. Anyway... No, you just write. You just go for it and then you go back and you've... What you do is you want to... You kind of do it in a reverse manner. You have information that you don't know the specifics of and you just leave that blank or actually put a code in so you can always search for these spots. And then you write everything you can and then you go back and you fill in these blanks that confirm whatever it was you were writing.

1:15:15 But generally speaking, when I take a note for anything I'm writing about, I'll just, and I only write short essays generally, but, and a book can be a series of them. I'll write, like the column I'm working on now for PCMag is the New York Times, and it's thinking about making the online edition a subscription where you have to pay. And so I'm writing a column about what a stupid idea that is. If you've got a multi-billion dollar business idea, no worries. Here comes Buzzkill! Buzzkill will ruin your plans! Fantastic. So I don't need a lot of notes. So I mean it's like doing this show. I mean, you know, this conversation. I have a lot of information that I've accumulated. It's just not decipherable.

1:16:11 Well, when you write it down on a piece of paper as 102.44, yeah. Maybe that's a bill. Somebody called me and said, hey, you owe us $102.44. I usually put a dollar sign in front of it, but I didn't. I was thinking it could be a stock price maybe or... But it wouldn't be 40, you know, maybe. No, I don't think so. I don't know. I have no idea. I also have another one note on here that says Ravens Talking. I kind of know what that's about. And then Kirby Hensley, which I'll save for another show. since you mentioned you're in the Universal Life Church. I'm not just a member, I'm a Grand Poobah. You know, at one point, Hansley would give you a, you know, we visited him, which I'll tell the story in more detail on some other show. He's the founder of the Universal Life Church? Yeah. He said, so you want a PhD? You said, what do you want a PhD in? The whole senate's full of them.

CHAPTER 29 / 31 Discussion

Aaron Burnett and CNBC Insider Ties

CNBC anchor Aaron Burnett is criticized for her past ties to Goldman Sachs and the Council on Foreign Relations. The hosts highlight a segment where she appeared to defend Wall Street bonuses, leading them to label her a "reptilian insider." Personal experiences working with various CNBC personalities, including "Power Lunch" anchors, are shared.

aaron burnett· cnbc· goldman sachs· council on foreign relations· wall street

1:17:10 Anything and they said I said, oh maybe I ended up getting a doctor of divinity. So Crazy so I could put John C. DeVore DD. I just got an email from Bobby Eden. That's Patricia's porn star friend Oh god, bo bbi if you want to Google her Hey, and the last thing I had in my notes, which I kind of bitched about yes, I did it source code yesterday people have pointed out to me that my money honey Aaron Burnett is That she's one of them. What do you mean one of them? She worked at Goldman Sachs, she was at Council on Foreign Relations. I mean, she's a total program job. I'm heartbroken. Aaron Burnett was on the Council on Foreign Relations? That must have been boring. It's the organization. All those inside fuckers belong to it. Everybody. So Rush Limbaugh, he's got affection for her.

1:18:10 No really? Oh shit. Well you can have her now. He can have her! I'm done with her already. She's reptilian. It's hard to find out. This is one of the casualties of war. I find it hard to believe that she was... I mean it doesn't make a lot of sense. I don't get it. She was a soulman. What was she doing there? Well she was an analyst I think. When you hear her speak on... she was on Meet the Press. And it really was, there's a YouTube video about it, it really was pretty clear that she's trying to tell the stupid people that these bonuses weren't really from TARP money, that money goes into a special pool. It was pretty pathetic, it really was. Yeah, I like that. That's like the, nah, yeah, we're not...

1:18:56 We're going we were losing my we've lost ten billion dollars and we're gonna take this tarp money. Well, no I'm gonna give myself a billion from the ten billion we lost so we're gonna have lost eleven billion Well, she did even better Steve Forbes is at the table speaking of and she said well, you know So like say we're a bank and I'm over here and my department lost a billion dollars But Steve over there his department gained a billion dollars now We still lost a billion dollars, but shouldn't Steve be compensated with a bonus for the great job he did I'm like, oh my god. Did she say that? Really? She said that. Exactly like that. I went flaccid. I was just, oh man. Wow. Yeah, it was painful. And then I look at her bio and like, she's total reptile insider. It's no wonder. No wonder these morons, the ones who aren't in the game on Wall Street, these morons are looking at her, you know, going, yeah, I'll invest in that, Aaron. Yeah, I'm going to go for gold. I'm going to go for oil, whatever.

1:19:55 It's gotta be some kind of hypnotic thing they've got going on with her because it's her working on me. There is a strategy behind her, no doubt. And I'm very upset. Apparently. Maybe I could still cure her. Yeah, right. I could make her better. I worked with her a couple of times, more than a couple actually. She does that show that I was doing a lot on CNBC. Which show is that? Yeah, she's... I don't know, Lunch? Street Signs. Street Signs, yeah, yeah. That's the one that Kramer comes on all the time. Oh, he comes on, yeah, the guy comes on. He doesn't do so much, but he'd come on and he'd kill half the show and we'd get bumped. Oh, really? Because they couldn't get him off the air. So, you worked in the studio with her?

1:20:48 No, no, I worked in... I've been to the studio, but I generally work out of San Francisco and they just beam it in on a satellite. Or an ISDN line, I guess. And how was she off the air? Was she nice? Was she sweet? Was she... I never saw her in person. That's the weird thing about it. I met almost all the other women there. But when you're not on the air yet, does she say, hi, John? Oh, no, she's great. She's fantastic. Well, it's hurting me. I'm just saying. No, she's got all the girls there, or women, sorry, because one of them is probably uptight. The blonde one. There's a bunch of blonde ones, so you don't know which one. The one who does power lunch. Oh, the one that looks like Goldie Hawn? A little bit, yeah, yeah, yeah, that's her. I've talked to her.

1:21:36 I told her she looked like Goldie Hawn and she thought that was... Was that a score? She thought it was a good compliment. Yeah, but... Have you seen Goldie Hawn? Or she didn't know who the hell Goldie Hawn was. It was one of the two. And I couldn't quite figure out which. Goldie Hawn looks pretty road weary these days. She's 90. She's not 90. John, you're older than Goldie Hawn. I told the woman she looks like a young Goldie Hawn. Right. Goldie Hawn just refuses to participate in the Hollywood game of regular maintenance. You mean pulling her face up with operations? Yes, that is the game. She doesn't have to, she's an executive producer now. People don't realize how much she has done in the field of production and how incredibly successful she's been. All they can ever think of is, oh Private Benjamin! But she's done a little bit more than that. It always bothers me.

CHAPTER 30 / 31 Discussion

TARP Transparency and Economic Hitman Theory

A GAO document reveals that $293.7 billion has been dispersed through the Troubled Asset Relief Program (TARP), with significant funds going to the automotive industry. The hosts propose that the US is experiencing "economic hitman" tactics in reverse, where foreign creditors like China will eventually make demands on American sovereignty. They conclude that the entire financial and regulatory system, including the SEC, is fundamentally corrupt.

tarp· gao· economic hitman· china· corruption

1:22:30 You see these gossip shows, oh Goldie Hawn, ha ha ha, they'll laugh at her, oh she's got cellulite, ha ha ha ha. Yeah, she's pretty much not playing that game. She's gonna age gracefully. Although with people making comments like she's road-weary, I don't know, maybe she's gonna be pressured to do something. I just received an email with the Troubled Asset Relief Program status of efforts to address transparency and accountability issues. Is that the PDF you were talking about? Uh, no. I was talking about the Madoff list. Oh, alright, I'm sorry. You're right. It was something else. This is also interesting. I'll have to forward this to you. Oh yeah, definitely. Yeah, this is the total dispersed $293.7 billion capital purchase program, $194 billion. Fantastic. Automotive industry financing program. How much do you think we've spent so far on the automotive industry? $2 billion. $19.5. Wow. Interesting, huh?

1:23:36 Oh cool, it's got a timeline. Oh, this is from the GAO. Oh, you guys sent me that. It sounds good. Yeah, let me just thank the person who sent this to me. Eric Blazinski says, I asked my congressman where is the transparency and they sent me a document on TARP. Allocation of $293 billion. Lists every bank, how much they received. Here's the link. Where did the rest go? And where the hell did it come from? Is the Fed buying US Treasuries to fund this? Question mark, question mark. John? I have no idea. I think it's a house of cards. You know, it hit me, and this will be the final word out of me for this show. This is basically economic hitman in reverse. Because now we have this whole Buy American, which Obama has had to basically retract because of course it's the Chinese who want to come in with their steel.

1:24:32 And it's almost like what we've done to Africa for the past 50, 40 years or longer than that. Where, okay, we're going to lend you all this money and now when you can't possibly pay it back, we're going to start making demands. Like, you're going to take our shit. We're going to sell you our shit so we can get our money back with profit. Isn't this just a complete reverse economic hitman? Economic hitman turned in on itself. You agree. Is that what you're saying? Yeah. I don't know. I don't know. I have to watch it play out. I don't know what the scheme is. Well, the IMF is in on the game. Look, everyone went where the money is. Everyone's in East Asia. That's where all the big money guys are off to. And the Chinese, as one example, have been lending us trillions of dollars.

1:25:27 So what you're implying is that essentially the whole government apparatus and everything that has been working for Americans to improve our lot in life have basically sold us out. Yes. Absolutely, and I believe there's a lot of really good people in government. I think there's a lot of really good civil servants, but they are probably too afraid, don't want to make waves, they've got a job. Some of them do, some stand up and they're just still a little misguided in what they say and what they latch on to. They don't really see the big picture. But yeah, in general, I think the whole system is completely

1:26:10 Corrupt from inside out and just look at Wall Street. Just look at the the bailout Just look at the SEC the whole Madoff thing who by the way was one of the creators of Nasdaq And so yeah, yeah, I'm pretty sure that this thing and you know hello awake all of a sudden Do we see what's going on if there's smoke there's fire if it smells like shit looks like shit and tastes like shit It's probably shit a moment in our history At this defining moment, change has come to America. A government of the people, by the people, and for the people has not perished from the earth. This is your victory. We are and always will be the United States of America. Lovely. Well I think that you're just putting everybody on a bummer. I'm sorry to do that, but that's what you can expect from crackpots.

CHAPTER 31 / 31 Discussion

Show Outro and Sign-off

The hosts wrap up the premiere weekday episode, debating the "Crackpot and the Buzzkill" nicknames. They confirm the next show will likely be on Saturday. Adam Curry signs off from London and John C. Dvorak signs off from Silicon Valley, closing the 88-minute broadcast.

adam curry· john c. dvorak· no agenda· gitmo nation· podcast

1:27:25 Which I am. And... and... Buzzkill. So is it and... I think it's much better if it's... I'm not the one making... You're more of a Buzzkill than me. I just want to throw that out there. Well, what if it's not specified, dude? No one said that... Yeah, I think it's Crackpot and Buzzkill and Dvorak. I think it should be Crackpot and the Buzzkill. There should be a the in there. It shouldn't just be... Okay, I like the. I like the. So you feel better now? You feel better that you've got a little the thing like King... King Buzzkill? The bus kill the bus kill crackpot on the buzzkill everybody in the morning all right well We'll talk again on the weekend and see if we can see if we can make sustain this level of information since you know did another hour and a half I'd like to get it down to an hour. I kind of enjoy it Yeah, it's hard to stop of course I have to go do tech 5 top 5 which I'm gonna have to do tomorrow or this afternoon now cuz I'm gonna miss my Always bitching and moaning yep

1:28:23 Okay, so Saturday or Sunday. Well, we'll see what happens Saturday probably Saturday. I agree. Okay Coming to you from the place in space. They know as gitmo nation east in Southwest London in the curry Terrace I'm Adam Curry, and I'm John C. DeVore here in northern Silicon Valley the gitmo nation We'll talk to you again very soon on no agenda