Episode 790 Scott Adams: Shampeachment Entertainment, Iran’s Scary Clowns

Date: 2020-01-17 | Duration: 49:16

Topics

My new book LOSERTHINK, available now on Amazon https://tinyurl.com/rqmjc2a The alternate explanation of President Trump that Dems don’t see James Poniewozik on the Warren/Bernie who-said-what Maggie Haberman and “automatic assumptions” Lev Parnas said something interesting to Anderson Cooper Iran’s Khamenei and the translation of “clown” #GreenNuclearDeal…Congress is listening! Insurance companies beginning to fear climate change

If you would like my channel to have a wider audience and higher production quality, please donate via my startup (Whenhub.com) at this link: https://interface.my/ScottAdamsSays

> [!note] Rough Transcript
> 
> This is an auto-generated transcript and may contain errors.

## Transcript

[0:04]

[Music] [Applause] [Music]
um hey everybody I'm glad you found me this morning wow what fun we have today once again our news is full of nothing but happy things well that's not 100% true but most of the news is good news and in order to enjoy it in order to enjoy it to its fullest what do you need I think you know you need the copper Margaret glass a tanker chalice or Stein the canteen jug or flask a vessel of any kind fill it with your favorite liquid I think you know I like coffee and join me now for the unparalleled pleasure the dopamine hit of the day the thing that makes everything better the simultaneous if go I'm hearing from

[1:12]

the simultaneous if go I'm hearing from more and more people the following comment and I want to see if any of you have had this experience apparently there have been a lot of people who were actually afraid of what would happen to the world under a president Trump and a number of people have messaged me and you know quite a bit over the last few years to say that they were in a state of panic until they heard me talking about what was going on and then they fall calm somebody here just said they listened to me before they go to sleep so apparently there's something about listening to me talk about the world that makes people less anxious now I'm going to give you a little preview of something coming up I don't think I'm gonna do it today cuz I'm not quite ready but I've developed a brain hack

[2:13]

ready but I've developed a brain hack that at least one person has reported completely eliminated anxiety if you could imagine that imagine somebody having anxiety every day not just about politics but more of a generalized one and that there was something I said that reframed the world that just eliminated it
it I heard that yesterday now I think I know why in other words the reframe was very specifically designed to accomplish a brain hack I'm surprised it worked but I'm gonna tested that with any of you but that's coming up that won't be today so look for that all right let's talk about what's happening on this question of Warren and Sanders and who said what in their private conversation did he say that a woman can't win the presidency or did he just say it would be an extra

[3:13]

did he just say it would be an extra challenge Warren says he said woman can't win he says he didn't so author James Poniewozik tweeted and this very much agrees with what I said he said that a plausible scenario is they meet both want to run so that part we know is true and then James says he's like quote trump is that this meaning meaning Bernie would say Trump is a sexist and he'll use this against a woman she meaning Warren infers reasonably he's telling me a woman can't win so she recalls the disagreement he insists he didn't literally say a woman can't win now that's pretty much exactly what I think is the most likely explanation what happened which is that he was sort of trying to discourage her saying she had an extra challenge that he wouldn't have but it was more to maybe you know clear the channels so he

[4:15]

maybe you know clear the channels so he didn't have to compete against somebody who was basically using his policies and then she interpreted that as a woman can't win turn into an absolute which is the most common thing you've ever seen and every human interaction somebody will say well this is difficult and the other person will say why are you saying it's impossible and the first person says I didn't say that I just said it would be hard so here's the good part Maggie Haberman you all know Maggie human she she jumped in with a comment on Twitter and she said what to James why is the automatic assumption that her version is wrong just curious which is actually a fun question because in his construction it assumes the she that Warren is the one who went away with the wrong impression but what's interesting is the way she worded it so Maggie says why is the automatic

[5:16]

Maggie says why is the automatic assumption that her version is wrong where have you seen something like that before an automatic assumption that sounds a little like impulsiveness maybe a little recklessness why is it that when Democrats look at anybody who supports the president they believe that their brains are not functioning like ordinary brains and that that James who is a you know a well-known author obviously s'more a guy why would it be on this one topic that instead of thinking through why he thought what he thought his assumption was automatic because there's nothing he said that would suggest that he came to an automatic assumption and other people jumped into the comments I I jumped into and I asked Maggie why assume it's

[6:20]

and I asked Maggie why assume it's automatic why would you assume that about anybody why would you assume that anybody made an impulsive decision why would you assume that anybody made an automatic decision there's no evidence of that I only know people who think about things and then make decisions I've never heard of this automatic compulsive thing why is it that Democrats think that Republicans don't have normal functioning brains that work the way everybody else does you think of stuff and then you make a decision who makes decisions without the thinking part it's not really a thing I mean we do make unconscious decisions you know subconscious we're influenced by our biases and all that but it's never this prompted one of my tweets in which I was wondering so this is what I said thanks to the miracle of cognitive dissonance

[7:22]

to the miracle of cognitive dissonance Democrats can only explain what they see in politics by believing that Trump has been quote lucky for several decades in a row because you'd have to believe that if you believe that it's not a skill you'd have to believe that for several decades let's say starting from the time he recovered from bankruptcy now recovering from bankruptcy is not easy you probably owed more than just about anybody in the world would anybody and somehow recovered if you start from that point say Alice let's just start measuring from that point because you've got a long a few decades right during those few decades he had a hugely successful television show ran for president successfully with no experience and has a whole string of successes as president you'd have to kind of believe that decades of consistent pretty consistent you know he had some losses Trump University didn't

[8:24]

had some losses Trump University didn't go well but in his portfolio it was very successful so you'd have to assume that he was lucky for decades and that he's operating on impulsiveness alone that there's no thinking it's just weird criminal impulsiveness that ended up working perfectly for decades in a row and and they how do you explain your environment that way now compare that to the alternate explanation I'm famous for offering the alternate explanation of Trump and it goes like this he has unique skills that's it that's a little exploration there's there's a person who has a unique skill set that lets him do things that other people can't or won't do and that would explain why he's been successful for decades and has reached literally the top of the

[9:26]

has reached literally the top of the success pile in the world I mean what is more successful than becoming president in the United States without any practice being a politician I don't think there's anything more successful that's sort of it you're a billionaire you're married to a supermodel you're just became the president of the United States was it all luck hey how do you keep that going after you see them signing trade deals you see them - feeding Isis nominating judges like crazy the economy is going well Iran seems to be teamed at the moment North Korea seems to like President Trump even and they're not exactly pointing their weapons in our direction at least not the way they were in the past how do you how do you conceive of your world that it was all luck anyway one of those theories is batshit crazy the other one is not speaking of mild curse words I

[10:31]

is not speaking of mild curse words I tweeted at YouTube just using their public Twitter account and mentioned that I get demonetized every day for no good reason YouTube to my surprise tweeted back and said they'd look into it now who they is is whoever's operating their social media Twitter site for YouTube so that doesn't mean that they have the power to look into it but whoever it was that they look into it and suggested that perhaps it's because my content falls into the category of sensitive stuff that advertisers are a little wary of now I am willing to accept that explanation it's possible that there's nothing going on except I talked about the news and they've decided that the news is a sensitive category that advertisers may be less inclined to be associated with could be but it's easy to demonstrate that so I tweeted back and said essentially I'm

[11:34]

tweeted back and said essentially I'm paraphrasing that I've accept that as a reasonable explanation of what's going on with no other explanation under this condition that everybody else who is talking about the headlines and that's all I talked about I literally look at CNN I looking at Fox News I look at the other headlines and I just talk about the headlines I put my opinion on it but it's not like I'm dangerous there's nothing dangerous that I'm doing other than a few curse words now and then and I don't see people being demonetised for a few curse words now and then so that's my challenge to the YouTube Twitter account is can you can you confirm or deny that everybody who talks about the headlines is demonetised but you'd also have to ask you this question why is it always reversed as in

[12:35]

question why is it always reversed as in always reversed now when I say always I don't really be in a hundred percent a few of them have not been reversed but it's rare but the ones that were not reversed weren't really any different than the ones that were so that they look more like mistakes than some kind of a decision so YouTube as now in public engaged me on the question of whether I'm being treated unfairly compared to other people who have similar talking about the headlines content so far they have not responded as of the last time I checked but that doesn't mean they won't respond so we'll be will be watching that somebody says why does YouTube run ads on my channel well after a day they do get re monetized so we appeal it manually and we say this doesn't look like a fair decision to D monetize but it takes a day or so to romana ties and

[13:37]

it takes a day or so to romana ties and then ads will run now some people have reported I haven't checked it for myself don't think I can check on my account I'd have to be not logged in I guess because I I pay so I don't see ads but if I log in I would see what some people are reporting that the ads are running from the first day so why don't you do this for me I'm sure that today I'll be demonetized as always but see if any ads run from the first few hours because if you see a newish post on YouTube and the ads are running I'm not getting paid for that as far as I know I could be wrong maybe they put it in some kind of an escrow until they until they work out the demonic possession I don't know questions all right let's talk about some other stuff I tweeted them I'm kind of looking forward to and maybe this is just me but I'm hoping that we have

[14:37]

just me but I'm hoping that we have another impeachment after this one fails because the stocks do really good under impeachments so I'm making a lot of money in the sand beach man let me check these stocks today well looks like stocks are up again today pretty pretty nicely and the longer that the and even Bitcoin is up a lot of stuff is up so if we could get maybe one more of these impeachments maybe two more this year I know they take a long time but if we get this one done quickly I think we'll have time to get maybe two more in just for economic reasons because apparently it's just great for the stock market but that's not the only thing that's good for and this is the funny part as pundits have pointed out president Trump is counter-programming the impeachment by

[15:39]

counter-programming the impeachment by trying to get a lot of accomplishments and doing a lot of things that will take your attention away from the impeachment theater to his accomplishments meaning that he's had one of the best months a president has ever had is it my imagination that the past 30 days President Trump has accomplished more than more than what every president ever in the history of presidents I mean I'm no historian but I'd be real surprised if anybody's ever had a better 30 days of presidency I mean this is pretty good stuff you know two major trade deals took out took out the top terrorists in the region economy is just screaming the stock market is at a new high I I mean seriously has any president had a better 30 days than this one so the weird thing about it and I just want to put this thought

[16:41]

it and I just want to put this thought in your head much is made of the president's personality his character and some of the complaints you can say to yourself even if you're a big supporter you could say to yourself oh I can see that you know I can see why you don't like that it doesn't bother me personally yeah but I can see why you don't like that so there are definitely parts of the president's personality which reasonable people can disagree with some say no big deal he's just joking some say it offends you you're all entitled to your opinion but here's one thing I think we all agree on in terms of his personality he is one competitive mofo if he's in a contest and there's going to be a winner and the loser you're gonna watch his game elevate does anybody disagree with that by the way is it not true that he said indirectly he thrives in tough competition he just

[17:46]

he thrives in tough competition he just he performs better when the pressures on is this president performing better because of impeachment risk of impeachment impeachment the threat of impeachment all of that do you think that that makes the president perform better than he might have otherwise I think maybe I'm not sure it would be hard to measure it because you don't have the you know have the you know the test case to measure it against so you could never be sure but if you had a choice of putting pressure on Trump meaning impeachment to cause him to compete at his highest level or let's say that let's say the alternative let's say the Democrats decided they liked Trump tomorrow and everybody says you know let's just see how it goes looks like he's doing pretty well how well would the president perform if the Democrats just started agreeing with him so you know hey you doing okay you know

[18:49]

so you know hey you doing okay you know just do some more Oh what you're doing well we'll talk about it we'll debate you when we disagree of course we'll vote against you if we need to you know but you know you're doing okay keep going I don't know if he would do as well because there's something about this that is focusing his competitive impulses and again I'm not in his brain so I can't read his mind we're speculating here you're a speculation but I think we're seeing him perform amazingly well he's probably putting a lot of energy into it and he's gonna focus on accomplishments and it's kind of fun to watch so stock market goes up Trump stays in office we are severely entertained he gets all these accomplishments because he's focusing to try to counter program what are we losing didn't we find completely accidentally did we not find

[19:50]

completely accidentally did we not find the very best place to be I mean that nobody Landa but somehow we drifted into the best place you could be
speaking of entertaining let me find the quote by Mitch did you see Mitch McConnell's quote which I'll find here in my notes Oh Mitch McConnell said quote nothing says seriousness and sobriety Mitch McConnell equipped like handing out souvenirs the second part of his sentence he shouldn't left out as though this were a happy bill signing instead of the gravest process in our Constitution if you if Mitch had just stopped halfway through that sentence it would have been the one of the funniest quotes ever he should have just said nothing says seriousness and sobriety like handing out souvenirs you should

[20:52]

like handing out souvenirs you should have just stopped it was so close to being one for the ages you know like a the most quotable thing you've seen all year but then he added you know you had to gild the lily little a bit as though there was a happy bill signing sort of the gravest process in her Constitution the second part was assumed so you know don't don't ruin your perfect first part of a sentence with that you know cumbersome second part but Mitch on the entertainment scale a plus because we're right here for the fun I don't know anybody who's watching impeachment because they don't know how it's going to end when you went to the movie Titanic which I raid is the worst movie of all time by the way worst movie of all time Titanic but I will acknowledge that a lot of people liked it they had a different opinion than me when you went to Titanic you knew how it ended right

[21:52]

to Titanic you knew how it ended right you knew you knew Titanic probably didn't win in the end but you still went because you like the entertainment until then so the impeachment process feels like that we're all being entertained but doesn't matter we know it ends so there's no mystery speaking of how it ends Reince Priebus had some interesting thoughts which I'll add to and he said on one of the shows you said sometimes the best defense is the sowhat defense you just say well what if everything you say is true we're not even going to ask questions about is true what if it's all true what if everything the Democrats are saying is true let's vote because none of its impeachable and I thought that's a pretty good defense a good defense would be might be true might not be true but you can assume it's all true

[22:54]

be true but you can assume it's all true we don't even need any witnesses we'll just take your word for it well let's vote nope nothing there now Ryan's also suggested that it was that he liked the witness reciprocity idea this is Ted Cruz's idea that if you know you get one witness we get one witness you get two we get to that sort of thing and that's one way to go sure but isn't the complaint that the the Republicans didn't get their witnesses during the house because the house was in charge and the Republicans complain we didn't get to have all of our witnesses wouldn't it be fair enough I'm not suggesting this but wouldn't it be fair for Mitch McConnell to say hey I've got an idea Republicans will have witnesses and Democrats won't he could do that right couldn't he just say well it will just

[23:55]

couldn't he just say well it will just have the witnesses in the Senate that we wanted to have in the house but we didn't get so we'll just be completing that process now there's no way he'll do that but it's funny to think he could I've got a better suggestion you ready here's a suggestion that again they won't do but it would be really funny and that's why I like it and the suggestion goes like this to say we're gonna bring in witnesses but we're going to do them in a certain order because we don't want to bring in infinite witnesses and you keep adding them and we just keep going with witnesses so we're going to do them in a rational order here's the rational order the entire case against trump rests on wait for it rests on this question was there a legitimate United States interest in asking about Biden and byrsa

[24:57]

interest in asking about Biden and byrsa so we're going to bring in witnesses to only ask that question we'll bring in some Democrats we'll bring in some Republicans and we'll only ask that question was this a legitimate interest of the United States to look into it now we already know because even the Democrats top lawyer said yeah that's worth looking into there you go then you bring in a Republican I think I mistakenly called thoroughly and Dershowitz Republicans when I was talking about this yesterday they're both Democrats even better bring him turtley bringing Dershowitz three Democrat lawyers experts in the Constitution and say what do you think did this look like a legitimate thing for the United States to be looking into all three Democrats will say yes I'm

[25:57]

all three Democrats will say yes I'm pretty sure once they say yes you're done you don't need to look into any details of how the president did it because nobody is arguing that the president has to do things the way you want him to do it that's not that's not part of the debate every but everybody accepts that wants the president's in office the president can do everything that's legal as long as you know a reasonable reasonable attempt to get stuff done so if I were Mitch McConnell I'd say let's find out the important question first we will take witnesses for just that question if that question says if the answer to that is that the witnesses say you know it's a mixed bag we don't think that was worth looking into well then you can open it up to the second question which is the details of what the president was doing was it for his own personal use etc but if you can

[27:00]

own personal use etc but if you can determine that the president thought or that or any reasonable observer thinks then looking into the Biden busines thing is legitimate for the United States you're done you don't need witnesses to talk about the stuff that doesn't matter if it was good for the United States you're done this is the thing that the Republicans have gotten wrong consistently since the start that's it now what is the argument that this is worth that the United States has an interest in looking into it are you kidding me are you kidding me Biden is still leading in the polls to be the next president of the United States and there's a very strong suggestion that Ukraine or somebody over there might know a little bit too much about what hunter was doing and it might reflect on the president is there any way could any

[28:01]

the president is there any way could any reasonable observer think it's not worth knowing if there's any problem there I mean on the surface it certainly looks like something you're gonna look into alright that's the way I'd go if it turns out that they need to dig into the details we've got this interesting thing that Lev Parnas said that loose associate of was named Giuliani Rudy Giuliani who's talking and saying stuff to Rachel Maddow and to Anderson Cooper now as Joel Pollak pointed out in an opinion piece in Breitbart that Lev said something interesting barn ass that's something interesting to Anderson Cooper and he said the that the reason that there was a push for Ukraine to announce an investigation was because in

[29:04]

an investigation was because in according to left Burness no one trusted Ukraine to conduct an investigation no one trusted Ukraine to do an investigation if you if you look at the implication of that it means that the ordinary way you would approach this nobody believed would work the ordinary way would be hey have the FBI talk to your your justice people put together an investigation you know look into it and here the witness is coming forward he was part of all this and he says no one believes that would work so now you have the answer or at least you know the most credible explanation of why it was not done a different way because the different way nobody believed would work so what way did they take if you if you guessed somebody a little bit pregnant I like to use that that analogy there's a

[30:05]

like to use that that analogy there's a good chance that they will continue to be pregnant let's not talk about abortion because it ruins my analogy so in business that's a that's a common common phrase we got somebody a little bit pregnant I am dealing with now a vendor in my life who shall remain nameless who got me a little bit pregnant in other words there's somebody who I gave a large amount of money to do a job and now it turns out that that job will not be done for months when it should have been done in one month now what can I do turns out that in this specific situation it doesn't matter no it doesn't have anything to do with when hub it's it's in my my personal life it turns out that it would be really impractical for me to fire them at this point because they've done half the work so I have no choice I've just gotta wait a few months because I just don't have an option

[31:07]

because I just don't have an option that's economical and sensible so this vendor got me a little bit pregnant meaning now that they've started now that I've paid I can't really back out now they own me they own me I kind of got to do what they they need now I don't want to dwell on that the point is that it would be a perfectly reasonable thing to do to get your gut to try to get Ukraine to announce it because the announcement gives you a little bit of pregnancy in other words if they've announced it they're gonna have to explain later why they're not doing anything about it because they announced it so would put them in a position where they're liars the government that is of Ukraine if they don't do something likewise the underlings who might not be inspired to do anything for the United States would see their their boss the president saying we're going to do this investigation and it would be reasonable to expect that then they would say I

[32:07]

to expect that then they would say I guess that's what we're doing so it seems to me that Lev Perez has just explained away the whole problem explained away the whole problem at least that's one interpretation of it now that's that's an opinion we don't know what was in this his mind but if you're looking for a reason that they would ask for a public statement instead of focusing on the investigation itself now we have it they didn't think the investigation was even possible but if they get them a little bit pregnant now this is the part that the speculation is that what they were thinking were they completely happy to walk away we're just an announcement I don't think so if you were in Rudy's shoes would you say to yourself if I get the announcement I'm done I don't need anything else no you would of course want the announcement plus the investigation of course all right apparently there

[33:14]

of course all right apparently there were 11 I think 11 of our troops were actually injured or at least are being checked down for concussions based on the Iranian missile attack on the base in Iraq and we're finding that out now and of course the big question will be why are we finding this out there who was lying to us but it looks like more of an abundance of caution and a judgment call meaning that none of these people appeared to be injured in the in the physical way that you can see so the early reports were nobody injured but apparently when you're you're in the vicinity of these major missile bomb attacks it's pretty common to get concussions from the just the blast force and so there's an abundance of caution some people there having checked out to see if they you know so we don't know how bad it is now here's the thing I think we're all better off that we

[34:14]

I think we're all better off that we didn't know this on day one somebody says so he lied no that's not the reporting so the reporting is not that the president or even or even the commanders in our in our forces in Iraq there's no reporting that they knew on day one that these people would need follow-up care it was a judgment call that they probably just shake it off or you didn't know if they'd shake it off for it's a wait and see so it's a little bit of a gray area about you know when you could actually know somebody was injured because you can't tell can't tell by looking at them but concussions are pretty pretty nasty things you know a concussion is a serious serious problem sometimes depends on the severity if we'd known this on day one would our public just demand a military attack I'm kind of glad we didn't know this this is one of those weird cases

[35:16]

this this is one of those weird cases where we're probably just better off we didn't know I mean I I have a lot of concern about these troops can because concussions are a big deal but I'm glad we didn't know because I think we took the right path speaking of her and Khomeini did a rare appearance in which he did the the big prayer that they do periodically and a speech and referred to the president and his supporters as in the government anyway as American clowns and he went out to say that that them pretending to support the Iranian nation but they want to stick a poison dagger into its back which raises an interesting question what is the translation from Farsi to clown does cloud mean the same thing in Iran does it does a cloud is do do radios have clouds in Islam is there

[36:19]

radios have clouds in Islam is there such a thing as a clown because it might not mean the same thing because he said that they're clowns but they would be using a poison dagger to stab you in the back that's one scary clown now it also seems a little bit of overkill do you need a poison dagger if you're stabbing somebody in the heart I say no the stab in the heart probably gets it done but a poison dagger that is some kind of clown so do you really need a venomous dagger I don't know if I hired a clown and he showed up with a venomous dagger I would fire that clown so I think I think clown means something different but it's interesting that the supreme leader had to call out the fact that America at least it's government and some of its people we keep saying that we're standing with the Iranian people that's what the president said in a tweet and he said they lie if you are standing with the Iranian people it is

[37:21]

standing with the Iranian people it is only just stab them in the heart with your venomous daggers and I'm thinking I think Trump wins on this because if the supreme leader is trying to explain why we keep acting friendly to their population that's the conversation we want him to have to explain because you want the Iranians say what do you mean the United States says it stands with the population of Iran did he actually say that I hadn't heard that because I don't have the Internet but now I've heard it because the supreme leader had to defend it I think the supreme leader just fell for the trick that Democrats have been falling for for three years which is they're talking about the topic that Trump wants them to talk about what topic would Trump most want the Ayatollah to have to talk about with his own public the fact that the United States says unambiguously we side with a population of Iran

[38:21]

population of Iran let's talk about that some more well let's defend out that's not true and he had to come up with this weird venomous dagger clown to argue that it's not true he didn't even have a reason he had an analogy that's it how about giving us a reason not an analogy a reason all right what else we got going on here so if you didn't hear Michael Shellenberger testified in front of Congress at least one part of Congress and used the phrase green nuclear deal now congratulations to mark Schneider who may be watching this right now for coming up with green nuclear deal as a great way to package the idea of nuclear being the best way to to address climate change and it's

[39:24]

to to address climate change and it's now made its way to Congress so it's now headline something that Congress has seen it is framed it in their minds a little bit differently and congratulations to all of you because I know that you know I try to boost both of these these people as much as possible Michael Berger and March nighter but I can't do that alone of course without all of you who follow me on Twitter so you've done the same and look what you did look what you did now I've been telling you for a long time that our republic has been replaced by some kind of a social media model where the government can't really do what social media won't allow them to do if there's too much of a response on social media so we're no longer a republic where they just go off and make decisions they really have to watch social media and respond and here you saw a perfect example the people

[40:24]

you saw a perfect example the people with good ideas bubble those good ideas up until some people with blue checkmarks including me lots of other people too we're also part of this but people with the blue checkmark said huh look there's some good ideas from people who do not have blue checkmarks I will boost those ideas i boost them some other other people boost them and next thing you know there's a conversation in front of Congress a perfect example of what the the government has evolved into for good I think that's positive let me talk about the question of betting on climate change a lot of people have said two things one why are the insurance companies acting as though climate change is not a risk you hear that all the time right the the people who think climate change is not a big problem say if it were a big problem would and not

[41:25]

if it were a big problem would and not be reflected in our insurance rates for people who have property on the coast turns out if you do a little googling on this question the insurance regulators and companies are really really concerned about this so it's one of the biggest issues in the insurance business is that there might be bankruptcy level risk from climate change so we are we are definitely at the point where for example apparently coal plants are having a tough time getting insurance so more companies are getting out of the business of insuring coal companies somehow because of climate risk I don't know if that means that the coal companies are likely to be to be sued I'm not sure exactly why they're getting had that business but they are and if they keep getting out of that business you can't have a coal plant because if you can't get insurance you

[42:28]

because if you can't get insurance you can't have a business at least not a business of that scale so it could be that the insurance companies will put coal and a business just by not insuring but here's the point I wanted to get to if you're wondering how can you make money by being so right in your opinion that climate change is not a risk here's a way to bet on it there are index funds called spiders slight difference but let's call it an index fund of insurance companies you can find a basket of insurance companies that are collected for you in a in a fund called a spider here's one example this isn't this is not a financial recommendation I'm only talking about the concept of investing I'm not telling you you should invest in this called KBW insurance it's a low fee insurance fund if you look at the the growth of that fund it's been pretty

[43:29]

growth of that fund it's been pretty much consistently up since 2009 2009 it took a dip to like five dollars but it's up to 35 so this group of insurance companies is seven times higher in the stock price that it was at the 2009 dip if you think climate change is not an issue that would be a good way to bet because in theory you should be able to get these insurance companies relatively cheap because there will be so many other people who think they're going to go in business because of because of climate change so it turns out that there is a pretty clean bet you could make which is that insurance companies are already under priced because they don't have that real risk of climate change but if you believe the other way well I suppose

[44:29]

you believe the other way well I suppose you could you could bet that it's going down so there's actually a market for that and at the moment it looks like the market is betting that insurance companies will be fine but it looks like we're based on just the chatter you see when you when you google insurance companies and climate change it looks like that's right on the edge of maybe changing so I think it's possible that that insurance companies and this index are gonna drop like a rock in the next five years so you could wait for the dip again I'm not giving you financial advice I'm talking about the concept of betting on climate change I'm not telling you you should do it I'm just saying it's doable so wait for a big drop in on climate in insurance companies as everybody panics I'm sure that will come that if you believe there's no real risk jump in but not

[45:30]

there's no real risk jump in but not advice just something that can be done alright if you believe that you should short the stock some people say that is correct all right so I think that's all we got let me give you an update on my studio situation because I think it's a fun concept for the last few years I've been trying to upgrade the quality of this what you're watching try to get a bigger bigger attention etc I have spent maybe thirty or forty thousand dollars trying to do it so far so far for two years I'm thirty $40,000 of effort nothing I've done has been as good as sitting in front of my iPad with a cheap little $20 clip-on

[46:31]

iPad with a cheap little $20 clip-on lavalier sitting at my desk now if I can find something that's better than that I'm gonna do it now I put another $9,000 into it this week I bought a box from Telestream a company that would allow me to in theory livestream to a number of different platforms at the same time I have tried OBS software I've tried Wirecast software at just the software version this is the hardware version that has Wirecast built in if you do podcasting you've heard of Wirecast so it's a software that allows you to stream to different platforms in theory the hardware it will solve by problems that I couldn't solve every other way but I've been wrong every time so I'll let you know so I'm gonna be working then on that over the weekend the level you're abusing is just something I bought off of amazon.com I just bought

[47:32]

bought off of amazon.com I just bought whenever one had a high high rating they're very cheap so you're talking about you know 16 dollars or twenty dollars apparently the professional one isn't that much better somebody says it's your room that needs more tuning oh if you had this problem with Amazon do you buy things on Amazon that end up being the miniature of the thing you thought you were buying so a few weeks ago I bought some bins you know those big plastic bins for storage I thought I'm gonna get some big plastic bins and put stuff in them and the plastic bins show up and they're only this big I didn't even know anybody made plastic bins that are only this big I ended up with the miniatures because I looked at the pictures I didn't even look at the specs I didn't even know anybody made a little plastic bin it looked like a big plastic bin but is only this big and then the other day I bought a microphone screen it's a it's a cushioned screen this sits around your microphone

[48:34]

this sits around your microphone to shield it from noise coming from the backside so I buy this scream to put it out of my desk and I'm looking at it I'm thinking well obviously you know the things probably this big and I get it it's like only this big it's a miniature so I keep buying miniatures because I don't check the sizes of stuff anyway don't don't be like me all right I told you I would teach you a method for solving your anxiety I'm gonna do that as soon as I've got a little more crisp crispness on that and I will I'll do that at a different time all right it's all for now