Grubstakers - Patreon Leak: Episode 85: Tom Steyer
Episode Date: January 15, 2020Published Jul 25, 2019 The premium episode is all about the Koch brother for the left Tom Steyer. The man who became rich from poisoning the planet to now considering being against earth poison becau...se he wants a vanity project because he's jealous of his older brothers. Younger brothers never change. This episode lacks the presence of Steven because the man wouldn't let a foot soldier of the 9-5 get off time when he was supposed too.
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First they think you're crazy, then they fight you, and then all of a sudden you change the world.
Berlusconi flatly denies that any mafia money helped him begin a start in the dynasty.
I have always had a thing for black people. I like black people.
I'm telling you, these stories are funnier than the jokes you can tell.
I said, what the fuck is a brain scientist? I was like, that's not a real job. Tell me the truth.
But anyway.
In 5, 4, 3, 2, 1. having Matt Chrisman and Nick Mullen on every episode in the future,
excluding this one.
So keep,
keep paying us.
They're going to be off mic and also not in the same room.
So yeah, that,
that episode where we got the two funniest people in podcast together,
that's a pretty consistent barometer for the kind of quality you can expect
from here on out.
Yeah,
I think so.
Yeah.
But,
but thank you for joining us.
We're talking this week about Tom Steyer is,
uh, of course the newest presidential candidate. And Tom Steyer is worth about $1.6 billion. Well, maybe we'll just start by letting the man introduce himself, because he did just cut a video running for president. And he does give a little biography there. So maybe we should give him a fair hearing and let him share why he thinks he should be the president of the United States. Right. From the donkey's mouth. Yes. I was born
in 1957. I grew up right in the middle of the civil rights revolution and the Vietnam War.
The underlying injustice in America was coming under attack. My father graduated from Yale Law
School at 21,
started being a lawyer, then he went into the Navy
because of Pearl Harbor, and then at the end of the war,
they sent him over to be assistant
to the chief prosecutor at Nuremberg.
I think my father looked at being in the service
or being at Nuremberg as like,
you have your duty, you do it.
My parents were very uncompromising
about doing the right thing.
Steyer and his wife, worth an estimated billion and a half dollars,
have pledged to give half of their...
I'm surprised because I thought the guy who played Funkhauser
in Curb Your Enthusiasm had died.
But it's nice to know he's still kicking.
I like how his main lessons from his father's role as a prosecutor in Nuremberg
was you can make a lot of money investing in camps. Tom Steyer invested in a private prison. First, we'll start with his
hits. Before running for president, he was probably most well known for running a series of ads. He
spent, what was it, $40 million on a series of ads calling for Trump to be impeached. And after
that roaring success
He decided you know what I'm gonna run for president. Well cuz Trump's impeached now, so yeah, yeah
He succeeded in that goal and now he's moving out the seat. That's right. Yeah. Yeah, you know
That's what you do. If you're a hedge fund billionaire you get a real return on investment for 40 billion dollars
He also funded something like a million different seats for
Congress in 2014 and had a 40 success rate that passing grade 40 yeah well the other thing is like he's a major obama funder who just
happened to get a lot of private access to the white house a lot of private meetings rama manual
everyone else uh john podesta who was of course, head of Obama's transition.
And he just happened to be a major investor in coal companies during that time.
So and a pipeline that competed with Keystone XL.
So it's like, you know, there's no way of unless you have subpoena power proving that there was wrongdoing there.
But it is something where he rails about.
And, you know, a lot of the things he's saying in his campaign are like well yeah that's a perfectly sensible thing but it's like well yeah
you got rich doing that right that's that's what a billionaire does is they leverage their government
connections and make the world a worse place for their own profit it's the pigs in uh animal farm
saying that no one should sleep in beds but i get to do it every night but instead of pigs in Animal Farm saying that no one should sleep in beds, but I get to do it every night.
But instead of pigs in beds, it's I'm going to destroy the earth. And then a few years later,
I'm going to pretend like I love the earth. But so, oh yeah. So according to the LA Times,
in 2005, Tom Steyer invested in $34 million in Corrections Corp of America,
which runs migrant detention centers on the US.S.-Mexico border for ICE.
But first, let's...
Wait, wait.
Before we get too deep into this,
let's take a look back
at the early days of Tom Steyer.
Where'd he come from?
Yogi?
He was born in 1957,
like we just heard,
in Manhattan.
You know, that place that...
Never been.
You're right.
His dad, as we just heard,
was a lawyer,
and he was a prosecutor
at the Nuremberg trials.
His dad was the guy who planted all that evidence on those Nazis.
His mom was a teacher of remedial reading.
You know what I saw?
Look, if you go on the internet,
you can read about how the American prosecutors lied about statistics
and made up a bunch of fake memos and tortured confessions.
Same thing going on at ICE.
That's where you learn it from.
Exactly. That's how he learned it from. Exactly.
That's how he learned his injustice
was his father's role
in the prosecutorial abuse of the century
called the Einsatzgruppentrial
where they hanged those innocent men,
half of whom had PhDs.
Nobody with a PhD would just go into Russia
and start lining up people in mass graves.
What?
Why would you ever do that?
Yeah.
Except if you wanted to make money off of it.
I was thinking, I don't know if this would be funny to anybody,
but so Dasha from the Red Scare podcast,
her family's from Belarus,
and a bunch of them were killed from the Einsatzgruppen.
And I was thinking it'd be good if the Einsatzgruppen was like,
yeah, we're just doing this to protect marginalized communities
from slurs.
But do it in a
Belarus accent.
Like, oh my god, if we
don't kill her entire family, there
will be so many people who hear
ableist slurs on a regular
basis and you know what?
As social justice
warriors, which is of course what the
the ss stands for of course super social justice warriors i'm pretty sure it's super saiyan
why does reddit say i'm the worst one i fucking told andy not to read this thread at least until
after we record because it's like you know it's not like
hey it's gonna hurt your feelings it's like hey wait until it's of uh maximal utility for you to
read that no but lots of people like you andy there's just one comment that happens to have
five upvotes that says you suck so there are six people who don't know actually it starts with one
upvote by default so there are are five. It has two so far.
He's got a whole analysis about like the structure and the dynamics of the podcast.
And he's like, but, you know, you know, Sean brings this.
Yogi brings this.
Stephen brings this.
But Andy just brings the drops and the bad jokes.
I haven't read this yet.
I didn't realize it was a whole expose on our show.
Yeah, yeah, yeah.
No, I think it's a guy who really knows how to podcast.
Well, Andy, in fairness,
you said it has two upvotes,
but one of those was me.
You know, on our Carlisle group episode,
it mentions like Connor Arple on it
and it has like one comment
and it's just someone saying,
this is ableist.
You're going to love
my Dasha Einsatz group joke.
Keep the Reddit comments coming, ladies and gentlemen.
It's only killing us slowly.
No, it's just something where it's like you read one bad comment off.
I don't know, Sean.
I don't think you're reading any bad comments.
No, I did.
They love you.
You're their favorite on the Reddit.
Well, that's nice.
They love you and your rat face and voice.
Wait, I thought I recognized that comment from Reddit
Has Yogi been talking shit about me on Reddit?
Yeah, that was Yogi
No, but it's something where, of course, I guess we should maybe mention this for a minute
We did the episode with Matt Chrisman and Nick Mullen
We're very grateful that they did it
And just like as fans of both of them, I was very thrilled
to just like have them in the room together
and stay out
of the way as much as possible. But it was
something... And as a fan, I wanted to get in the way as
much as possible.
But, oh yeah.
So essentially like I will
go when I'm on my lunch break on like the
Comptown Reddit and it is almost a perverse
thrill where it's like you'll see them talking shit about comedians you know and you know there's
like a dark part of yourself that's like oh this is interesting but of course you know when we did
the Crispin uh Mullen episode I had to be like I'm not gonna look at the Comptown Reddit I'm not
gonna look at Red Scare because the reality is comedy is totally subjective you know there's uh
there's people that like us and there are people who will never think that we're funny or understand us.
And, you know, that's fine.
That's just the way it is.
You're going to drive yourself insane if you ever try to get 100% laughs.
You know, the best you can hope for is 90, 95% of people think you're funny.
Andy?
See, drops would have been perfect right now.
Fucking Sean's killed fucking drop on this show.
No, I didn't do shit.
And I'm the lone voice yelling about drops.
This is the new drop.
Well, it could be worse, Sean.
It could just be me doing i didn't schoolboy q saying um uh no man
that's some white shit i like that one no i didn't kill that's the other thing we should wait andy
stop we should mention that that you people on reddit were so mean to andy that he unplugged his
drops keyboard no it's plugged in it's just on uh alien lead yeah he brought he brought his drops People on Reddit were so mean to Andy that he unplugged his Drops keyboard.
No, it's plugged in.
It's just on Alienly.
Yeah, he brought his Drops keyboard.
Only Drop Now is the damn it riff.
He brought his Drops keyboard, and he was asking me about the Reddit reviews when we were walking in,
and I was like, yeah, they were mostly positive, but there was like one.
You brought up the Reddit reviews.
No, I thought you did.
I wasn't trying. I said there was one negative one and i but i tried to avoid them and then you
asked and i was like well yeah they the guy didn't like you but don't look at it until after we
record and then you know and now this person this this arsonist on Reddit has deprived us of Eve Pizer saying,
I'm a socialist.
It's ruined the dynamic of the show, if you ask me.
I don't even know what the grub stakers are if we don't have Socket to Me every 15 seconds.
Now all we have is Blink-182 in MIDI form.
Not only did you take the regular drops away,
you made them worse.
This is just
chopsticks. This is terrible.
This isn't chopsticks. No, I'm saying...
It's at least got a cool...
Alright.
Alright, nobody wants to listen to this, Andy.
Please stop.
Yeah, we gotta dump like a bunch of this shit.
I'm so happy this is the last episode I have to edit for a little while.
Very happy about this.
So going back to the bio of Tom Steyer,
avoiding our rants on who doesn't hate what from Reddit, i.e. drops.
Tom Steyer was born in Manhattan in 1957.
His dad was a lawyer, like we mentioned,
and his mom was a remedial reading teacher at Brooklyn House of
Detention. Do you guys know what remedial reading
is? Yeah, when you
can't read. I like how his
dad was a lawyer who prosecuted
his contemporary equivalent of Reddit
commenters.
Also known as war criminals.
Remedial reading actually is not
just special education teaching.
It's literally, if you're a kid and you don't you've got a couple holes in your education
remedial reading can take care of that so it's like uh not tutoring not special ed teaching but
somewhere in the middle of that essentially so she taught like polish people italians
uh she taught polish people italians yeah Polish people and Italians
and others who just don't understand
the Irish
I thought you meant she taught Polish people Italian
like the language and I was like I don't know what the fuck
Sean's saying right now
you think R. Kelly's gonna come out of prison knowing how to read
no
the rehabilitation center's not that good
so she
we should just mention though
Tom Steyer grows up in like
absolute affluence yeah no he grows up grows up in i think the upper west side um well yeah you're
right just taking nazis pay well they got to take all the gold so yeah oh yeah yeah you know i will
say we did get a handful of the show's anti-semitic and uh they said that we only we mostly reviewed
jewish billionaires and that during sean's comment on patreon the patreon post and read it he asked
about this but the host didn't get back so which is it grub stickers host reading this and i just
looked at that thread and thought oh man i never thought being anti-semitic would shut us down
before sexism and racism but here we are ladies and gentlemen. I did listen to some of the old episodes, and I
had a very thin veneer of irony
over my
contempt for the Jewish people.
You had? Well, no, I feel
like I've toned it down a bit, where it's like
before I was doing ironic anti-Semitism,
whereas now I'm just doing actual
obsession with the Nazis
from a sheer
perspective of admiration
all I know
is we lost the drops and we lost the ass
eating conversation and I'm willing to let one go
but not the other and Tom Steyer
does not eat the butt ladies and gentlemen let's get
that out right now yeah well he
converted you can't if you're an Episcopalian
you can't eat butt anymore that's the first thing
to make you stop first we're getting rid of the
Pope then we're getting rid of the Pope. Then we're getting rid
of ass eating.
In that order? Yeah, that's what the Tudors
were really... Tudors, if they're
known for anything, it's getting rid of the Pope
and eating that ass.
They had to stop worshipping
the patron saint of ass eating.
That's because in a Episcopalian
church,
everyone is considered a patron saint of ass eating Getting back to Tom Steyer's bio
When around was he born?
Like 50s?
1957
He has two brothers
Jim Steyer and Hume Steyer
His dad after hanging that Nazi
Was just building up a nut for like 10 years
This is going to be so powerful His dad, after hanging that Nazi, was just building up a nut for like 10 years.
Like, this is going to be so powerful.
It is going to create a billionaire.
That's how turned on I am.
Watching that fucking SS man have his neck snapped at the gallows.
Well, it's interesting you mention that because his older brothers, Jim and Hume, are both lawyers.
And Jim Steyer... You want to know my theory?
Yeah.
Is that he couldn't get it up
after he couldn't get the Albert Speer deal for everyone.
Why not?
Why couldn't he get it up then?
Just he was too horrified
that he couldn't let them all deny it.
He's like,
man, my column looked just like Albert Spears.
It's so straight and white.
It's perfect.
His older brother, Jim, is a TA with his mom
with a remedial reading.
And Jim certainly gets into like,
I like being a helpful person and a nice guy.
And because their father is a lawyer and his mom is remedial reading,
they've got like a core niceness, logical side to all of them
that I think Tom is just really jealous he didn't have.
Because Tom wasn't a lawyer.
And for the most part, I think he hates kids.
He doesn't hate kids, but I think he's definitely jealous of Jim.
Because Jim Steyer created a whole bunch of programming that was like education TV.
The famous Chet Jackson was one of the shows Jim Steyer helped produce.
Wait, so these are both older brothers, right?
He's the youngest?
Yes, Tom is the youngest, and these are both older brothers.
The famous Chet Jackson, if you don't know, the main actor of that show, his name is Lee Thompson Young,
committed suicide a couple of years ago.
Can we pin that on Tom?
I think so.
Okay.
I think that...
We'll go on the record pinning that on Tom.
I think Jim Steyer's pressure on the famous Jit Jackson
was too much.
Yeah, he committed suicide shortly after he was seen
leaving Jeffrey Epstein's mansion.
I don't think we can necessarily ping this on the Steyer family, but I do think that
if it wasn't for them, we still might have the famous Duke Jackson.
Anyway, so Jim also...
You know, it is kind of a tragedy that...
I mean, not to jump ahead, but Tom Steyer, he does his hedge funding on the West Coast,
which I think is the only reason he is not named in the Epstein papers.
Like, had he stayed in New York,
this guy wouldn't be a presidential candidate
because there would be photos of him
leaving the fucking mansion.
Right, right.
Among other things.
I mean,
he would probably be higher
on the list of presidential candidates
if there were photos of him.
I will say that... I mean, let's count down the last four. We got a 50%. on the list of presidential candidates. There were photos of them.
I will say that... Let's count down the last four.
We got a 50%
Epstein friend.
All right. Yeah. Trump, Obama,
Bush, Clinton.
Yeah.
I'll say 75. I'm going to say
Obama was there too.
I was seen leaving the
mansion with the eyes wide shut mask.
Just like the most powerful.
It doesn't even take the mask off in public.
Jim Steyer has been teaching classes at Stanford University in political science,
and he taught Cory Booker, Susan Rice, and Chelsea Clinton,
who Jim Steyer raved was such a star student
that he hired her as a teaching assistant and research aide.
So another Clinton connection to a billionaire.
You just couldn't get over how dignified Chelsea Clinton's friend Jeslyn Maxwell was.
Her perfect etiquette and her seeming knowledge of everyone involved in the Victoria's Secret catalog selection process.
So I think we can all agree there's like a huge hypocritical line that Tom Steyer wavers on,
which is that he made all of his money from fossil fuels
and then now claims he's an environmentalist.
No, he didn't.
Okay, here's the thing.
He didn't make all his money off fossil fuels.
And his reason for going with the fossil fuels thing,
or for what he says now in interviews,
is that the job of a hedge fund is to-
Destroy the earth.
Have a wide array-
Commit insider trading.
Of investments over all sectors of the economy.
So he didn't just invest in fossil fuels.
He also invested in private prisons.
It's like he was saying,
the job of a hedge fund is to always refund Jeffrey
Epstein 100% of his money if he loses any, because you have to do that. That's the rule of Epstein.
But I guess before we get into what he was actually investing in, we should close out his
early biography, because it's like, I mean, there's not extensive details. To the best of my knowledge,
that's not just straight up Tom Steyer press releases.
But we mentioned, you know, so his dad's a prosecutor at Nuremberg.
His mom is a teacher.
But they grow up very wealthy in Manhattan.
Did they like inherit money?
Because I mean, I don't know if being, no, his dad went into finance.
That's what it was.
No, they didn't inherit money.
You know, his dad made it on his own.
But essentially, all the Steyer kids
had all the connections they would need
for the rest of their lives
by the time they were in their early 20s.
Tom Steyer attends the Buckley School
and Phillips Exeter Academy.
His dad made it in finance
because somebody had just gotten rid
of all the other bankers.
Great, more Reddit comments about anti-Semitism.
I don't think they listen to the Patriots idea.
Who else went to the Phillips Exeter Academy show?
Oh, yeah.
I was saying I read that one of Abraham Lincoln's sons went to the...
So this is like...
He goes to a very elite prep school on the Upper East Side.
And so he...
Not much more is known about his early school time but he graduates from yale
in economics and political science and was the captain of the yale soccer team
and then he gets his mba at stanford business school where he was an rj miller scholar i don't
know what the fuck that is but uh he is you know he credits stanford as a lot of the... He left Germany around 1945, was in Bolivia for a while, just kind of hanging out, waiting
for the shit to blow over.
After graduating from Yale, he begins his first job at Morgan Stanley in 1979.
79?
Oh.
He spends two years at Morgan Stanley and then goes to Stanford Business School where
he gets his MBA.
And then after that, he would join Goldman Sachs from 1983 to 1985.
And it was in this time where he certainly learned the tricks and the trades to become
the billionaire he is.
Yeah.
And then he had something like $11 million in startup capital and started his own hedge
fund.
Wait, but just I don't want to skip the Goldman Sachs thing because it should be noted.
And I tried to dig and find anything linking to this,
but he's at Goldman Sachs.
He's in the mergers and acquisitions unit.
And he's under a former treasury secretary and absolute criminal scum,
Robert Rubin.
So Robert Rubin was his boss in mergers and acquisitions at Goldman Sachs
during this time.
Robert Rubin,
of course went on to to be Treasury Secretary during Clinton
and then was one of the people
who, of course, got Glass-Steagall repealed
so that Citigroup could exist
because Citibank and the Travelers Group
or whatever it was called
were not allowed to exist under the Glass-Steagall law
because it was a bank and an insurance company.
So as Treasury Secretary, he gets that repealed and then goes on after the White House to
be on the board and chairman of Citigroup.
Oh, what a coincidence.
So that's the guy who was his boss at Goldman Sachs Mergers and Acquisitions.
But the other thing I wanted to highlight, you said 83 to 85.
Yeah.
Again, this is right around.
We've talked about this a lot on this podcast, but mergers and acquisitions
was the main area of insider trading at the time.
And I Googled a little bit.
I couldn't connect Tom
to any suspicious SEC investigations or whatever.
If you happen to know something I missed,
please shoot us an email.
But it's just something where
there is no way he didn't at least see that shit going on.
Right, of course. If not directly participate himself. That's just the way it worked something where there is no way he didn't at least see that shit going on if at least if not
directly participate himself that's just the way it worked where goldman had the best information so
uh again in the book den of thieves like a gold and part of the michael milken thing a goldman
banker was actually convicted but if you had a contact at goldman you would definitely call them
because they had the best information and they could split the profits and you could trade on
that information and as we've mentioned
these people grew up with contacts
up their ass because of their
high society position in Manhattan
from their folks and then his older brothers
becoming lawyers as well. So
when it comes to the connections and the friends and
family necessary to become a billionaire
this motherfucker had a silver spoon
up his ass
for eating purposes
as god said to king henry the eighth when he was personally dictating the rules of episcopalianism
hey so like what do wasps think of as episcopalians because i know nothing about
y'all's groups i don't know it's just uh i think it's it's it's just the anglican church
they're like um do one of you groups think the other one is stupider not really it's just
i mean i i think it uh arose out of i think the popular conception which is probably doesn't
trace to reality was that it's a church that was started because King Henry VIII really wanted to get his dick wet all over the place.
And the Pope was like, you can't get a divorce.
And he's like, fuck you, I'll make my own church.
Right, sure.
I don't think that's the actual history of it,
but it's sure fun to pretend that it is.
There's a guy who ate butt.
Yeah.
Oh, I'm sorry.
Just to be clear, I wanted to correct myself.
Bob Rubin was, after he left the Clinton White House,
he was director and senior counselor of Citigroup.
So he was on the board, but he wasn't like the chairman.
Gotcha.
I guess director.
Was he director or was he the chair?
So the Farrell and group was started by Tom Steyer
after he,
uh,
with his own money had,
as I might've said earlier,
if it wasn't cut 11 million and,
essentially it was a hedge fund and their big innovation was that they got,
uh,
universities to invest their endowments through them.
Uh,
it started out with him going to Yale.
And then he kind of...
Well, sir, we are skipping a step, too, because he's at Goldman Sachs.
We don't know exactly why he leaves.
He's at Goldman Sachs for two years.
And then from a Yale contact, he gets a job at another private equity firm.
This is, what is it?
Yeah, Friedman and Hellman.
So he's working at Friedman and Hellman. He gets from a Yale classmate, he gets this connection to get a job, which is it, Friedman and Hellman. So he's working at Friedman and Hellman.
He gets, from a Yale classmate, he gets this connection to get a job,
which is like another thing we've mentioned a fair bit, I think,
is that to be a billionaire, a self-made one or whatever the case,
if you go to these elite schools, you get the elite connections
that regular people just don't have access to.
Well, it's not even just like elite connections.
It's just like, oh, if you go to the schools with rich people,
you meet other rich people who will make it easier to make you rich.
Yeah, every elite academy talks up their fucking alumni
plus the people that go there because it's really what you're paying for.
The education across the board is relatively similar,
ups and downs here and there.
But for the most part,
what you're paying for is to be slightly closer to the people that can pay your bills the next time you need money. So the private equity company is called Hellman and Friedman,
and it's still in business. And again, we mentioned the 80s is really the golden years
for leveraged buyouts, where they're just straight up asset stripping companies in a way that was
actually forbidden in the tax code.
Oh, really?
Like, so, and again, I wasn't able to connect him to any particular deals at Hellman and Friedman.
He was only there for a couple years. But the entire business model was, particularly in the 80s, what we've called essentially legalized bust outs,
where you will, like asset stripping was at its worst, where they would go in and just buy a company
and spin off the individual parts with like massive layoffs. like asset stripping was at its worst where they would go in and just buy a company and
spin off the individual parts with like massive layoffs and they wouldn't even
until this loophole was closed they wouldn't have to pay taxes on the profits they get from
spinning off individual parts of it so Hellman and Freeman they're still around they're still
kind of a one of the many vicious private equity firms out there but he was only there for a
minute right so
he would have been there most likely in 85 because he leaves golden sacks in that year and then a
year later in 1986 he founds farrell and capital so at farrell and capital he uh yeah he that's
basically how he made his um big his fortune yeah it was just we should mention he gets $15 million in seed capital.
So you said he started on Wall Street in like, what, 83?
Well, so at 79, he's at Morgan Stanley and then spends two years going to business school.
Do you know what he's doing at Morgan Stanley?
You know what?
I'm not exactly sure, but you've got to think about it this way.
It's right after Yale. So whatever job he got at Morgangan stanley couldn't have been more intensive than a you know what an internship essentially is because it's just you know a job for a college
grad pre-business degree is not going to be anything too like close-ups to what the higher
ups are doing but it's essentially to get more connections and to learn the inner workings of
business to then further your career on the next steps.
Yeah, it's something where, I mean, essentially,
I would say he was getting a very well-paid Wall Street job
for like after he gets his MBA, so like three years.
And you have to imagine he graduates without any student debt
because, again, he goes to the fucking elite Abraham Lincoln's son's academy.
I don't think he can spell debt.
I think he's unsure of
that but it's like it's something where just according to reports he has 15 million in seed
capital in 1986 dollars to start farrell on and uh i don't know how much of that was his own money i
don't know how much was friends and family um i'm sure he made some money working on wall street and
i'm sure he got um some former clients to invest and uh you know it's just something where again
the rich get richer the poor don't get a fucking thing yeah i mean the reality is is that he's
connected to so many communities from elementary school to his mba program that it literally could
have been in any one of those uh communities that he found how to get the seed money for his
original group the fairland capitalon Capital Investment Firm,
headquarters in San Francisco, California.
And Farallon would make a very good
and charitable reputation,
just strip mining rainforests
and operating concentration camps
filled with children.
I don't see what's wrong with it.
It's legal, huh?
What's wrong with legal activities?
Oh, the rich aren't supposed to get rich
by doing things that are immoral
and obviously bad for society,
even though they're legal?
How dare you, Sean?
Yeah, I don't see what's wrong with it.
It's legal.
It's also a defense people said to his father
during the trials at Nuremberg.
But so I guess we could just kind of go through some of his environment because we should mention here his actual presidential campaign.
His main message is global warming.
Like a lot of the things he says, like, you know, corporate personhood is kind of a problem that should be dealt with.
Like, I agree with that.
Or corporations are never going to put
the interests of people first.
By the way, his campaign website,
I don't know if it exists.
It's nearly impossible to find.
But if you look it up,
the first link is an ad on Google
for donate to Tom Steyer 2020.
You know that guy who's going to spend
$100 million of his own money on this shit?
Yeah, he's promised to spend more than anyone else to run for president.
Basically promising to be an oligarch.
And also, you can't find a website where he states his positions.
Just the donate link.
I mean, he's the Koch brothers of the liberal agenda.
That's essentially who he is.
Well, and it should be noted, like, essentially, the Koch brothers uh mercers and others actually do a lot of their spending in ways that avoid
disclosures like through you know these what uh the pack the super packs and such like there are
various ways of setting it up so that you don't have to disclose who your donors are and then you
can spend money through that yeah but as far as disclosed donors, Tom Steyer was actually the highest for election spending in 2014 and 2016.
He spent $67 million in the 2014 election, $87 million in the 2016 election.
So he's like, yeah, I mean, he's very influential within the Democratic Party.
And we mentioned these meetings with Obama, so maybe we'll get back to that in a second.
But I think it's entirely possible that he act based on his active trading during the
obama years it is entirely possible that he leveraged his government connections to make money
real quick as well i just want to mention in 1986 when he forms farallon capital is also when he
marries uh kat taylor his wife who graduated from harvard college and earned a jd mba from
stanford school of business where i believe they met at that time.
She's also, I couldn't find much on it, but she comes from money as well.
I mean, let's put it this way.
If you went to Harvard in the 80s, you're connected to some amount of capital that most
people aren't.
It's not necessarily true for 100% of the people at Harvard, but a good percentage of
them have
enough capital to go to Harvard.
Yeah, if you've gone to Harvard at any time in the last 40 years, you are directly implicated
in the Jeffrey Epstein scandal.
But Cat Taylor and Tom Steyer will start a few charities that we'll discuss in a moment so i'm looking up now uh
in uh pbs uh overview of candidates issues on immigration he wants to fight deportation
and expand services for immigrants and he's already donated 1 million to legal aid groups
which isn't quite as much as he's invested in the cca the corrections
corporation of america when he was at farallon um which runs 61 facilities across the united
states this includes 34 state prisons 14 federal prisons nine immigration detention centers and
four jails and it owns 50 of these sites and they have a no vacancy policy which is uh written into their contracts
that there'd be occupation occupancy guarantees by the state that um it's basically a minimum
of incarcerated people to go to these private prisons fucking crooks yeah so uh wait guys tom
stayer though every day draws a cross on his left hand to remind him to be good in a ballpoint pen.
So, I mean, he's quirky like that.
And I think we should respect him because anybody that draws on their hand, pretty relatable.
On his website, he has the top five rights that everyone should have.
And the second one is the right to clean.
You have the right to speak to an attorney.
If you cannot afford an attorney attorney one will be provided for you
the uh second one is the right to clean air and clean water which uh brings something he provides
to the uh mollusk creek coal mine which is a coal um it's killed uh these rare uh white oak trees i
guess why they gotta be white that are pretty uh you know because it's australia and then they are
so good at being racist they are pretty good at being racist uh not better than America But pretty good I don't know Amy Therese lives there
It's led to so much
Backlash that there's even a documentary called
Black Hole
Focused on the people
Fighting the coal
Are you sure it's not about eating butt?
No Sean that's called Brown Hole
Yeah basically It's going to be producing 13
million tons of coal each year until 2034 hell yeah and it was purchased while he was a uh ceo
of the farallon group right before he you know quote unquote divested and then decided to become
an environmental activist.
And I'm sure that in his head, he's like,
oh, well, I had no choice.
I had to make money for my investors and investing in coal was part of it
because a big part of what Farallon Group did with coal
is it would target undervalued mines
and then give high interest rate loans to people
to develop them.
And then because the high interest rates
essentially the companies that invested in the mines would be highly incentivized to ramp up
production as high as possible right right in order to pay back these high interest loans
and so he basically jump-started a lot of that he also jump-started a lot of Indonesia's coal mining. And this whole time, you know, he could have said, like, as...
Let's give high-interest loans to mine operators
in countries with horrific labor abuse records
and see what happens.
And this whole time, he could have said, you know,
let's divest from these horrific, you know uh let's try to not be shitty
yeah i think that'd be great one other thing on his australia mind from the la times uh the
to do that they had to overcome massive protests from environmentalists they won permission to
clear 3 700 acres of forest that served as a koala habitat.
And like Andy said, they mined 12 million tons of coal per year.
Yeah, it got so bad that one of the national sports celebrities
from a soccer team called the Wallabies
even got arrested for chaining himself to mine equipment.
Oh, really?
Yeah. Oh, don't give a fuck what the other Wallabies think. got arrested for chaining himself to mine equipment oh really yeah i don't
give a fuck what the other wallabies think i'm protesting this mine yeah i didn't i didn't have
time to watch the documentary black hole but i or all of it but i did click around it and i was a
little distracted by how fun everyone's accent was like yeah there was a lot of political corruption he was uh he was arrested for chaining himself to the thing but it was actually totally unrelated
he just went out drinking one night he doesn't have one too many fosters yeah and um australian
for bear so yeah his his entire background is heavily uh in conflict with uh his his new persona it's it's
sort of like you know who when you go to college and try to rebuild who you are like he's he's
basically and every time he tries to run don't give the reddit posters ammo to use against you
wait how does that where's the ammo on that one you're being elitist buddy
no not everyone goes to college you're projecting so they're gonna say oh he tried to rebuild
himself in college and so now this is a new angle of attack against andy man you have such a bully
mindset i mean you do sean let's be honest there i spent a lot of time on the opium anthony reddit
which in turn
spread to like the comtown reddit and every other so that's like the psychology it's like attack
weakness because we're bored during our lunch break and this yeah yeah well we can drop that
but but i did yeah well it's it's interesting how he's gone from, you know, cutthroat investor who became a billionaire to someone who is trying to completely change his public image.
Yeah, fucking wuss.
Yeah.
And he's doing it in this way where it's clearly for vanity.
Because, like, you know, even if he does give significant amounts of money and, you know, clearly in a very inefficient.
Yeah, incorrectly. of money and you know clearly in a very inefficient uh yeah incorrectly yeah he's given away millions
you know tens of millions to accomplish nothing yeah you can give tens of millions to me and i'll
get nothing done it won't be that hard i mean it accomplished making him famous like that's the
thing it's like it's such a bullshit campaign to spend 40 million on this impeachment and like one
thing he did was he bought ad time during fox and friends
morning show because he knows trump runs that and it's like okay so you're giving money directly to
fox news and what did you have to show for it trump tweeted about how you're an insane crazy
person right yeah and it's like okay that does nothing for anybody except for you it raises your
profile now you're more famous and you can leverage that. So it's just such a fucking waste of money
except for his own vanity.
I mean, unfortunately though,
I do think that when Tom drops out,
whoever he wants to back
will have just that much more leverage
over the other candidates
because they've got a billionaire
in their back pocket.
Advertising on Fox News
is not even in his top 100
most evil investments
i mean it was probably like oh that means you know one less ad that's gonna scam old people
out of selling all their gold um or buy a reverse mortgage but we were just uh no i think they
deserve to buy iraqi dinar for the crime of watching Fox and friends.
We were,
uh, we were just talking to someone who said that,
you know,
Tom Steyer is the most uncharismatic person in the world and no amount of
money could make him president.
Uh,
which I would counter with if you've ever listened to a speech by Michael
Bloomberg,
who was,
uh,
reelected three times completely on the merit
of pouring as much money as possible into his campaign or at least elected three times not
reelected twice like but wanted a couple of times and is extremely uncharismatic is yeah he's just
a vacuum of charisma like he just phonetically reads out spanish and does not give a shit
um and doesn't divest any of his wall street whole things and quadruples his net worth during the
time he's mayor quintuples sells bloomberg terminals that are just fancy monitors that
do jack shit but make more money for the bloomberg empire Has sex with children on videotape in Jeffrey Epstein's mansion.
Not allegedly.
We're on the patron side.
It happened.
Yeah.
For a fact.
One thing I want to mention.
We're not going to publish this for two weeks
because we know it's coming out.
We got the tip off.
I mean, if that comes out,
this one's going on the free side.
Sorry, you were saying one thing i want to mention is in 2006 tom stare and his wife kat taylor founded one roof it's a business designed to
bring technology to rural india and ladies and gentlemen if you don't know i am an indian
individual and i looked into this horseshit and essentially they were building uh places so that
kids and people could access
the internet in india now that's funny because i thought one roof was his company that sold
subprime mortgages or negative one roof this uh one roof company starts in 2006 and an article
that was written in 2008 talked about how they built 10 different internet centers in India to help the community.
And each center cost 1.6 lakhs.
Lakh is a term of rupees, the Indian currency, which is 100,000.
So 1.6 being 160,000 rupees per location.
And Sean, just off the top of your head, would you guess how much 160,000 rupees is?
In U.S. dollars?
And mind you, this is technically in 2006, so there is a little bit of inflation, but let's not give a shit about that.
Just 2019 dollars.
What do you think?
$100.
Wait, wait, wait.
$150 million.
You are both wildly wrong.
It's $5,000.
Oh. So he built 10 of them, which is $50,000 You are both wildly wrong. It's $5,000. Oh.
So he built 10 of them,
which is $50,000 worth in two years.
So for two years,
they got to be like,
we're bringing the internet to India,
when really he spent like a percent of a percent
of his net worth
and didn't really get that much done.
10 centers over two years
is not that much progress, ladies and gentlemen.
It's bullshit.
And that was also approximately 1,000th
of the money he spent to go on tv and argue for trump to be impeached right so when it
comes to this guy being you know you know doing any social good the reality is is imagine like
flying into india and seeing the slums and the lack of clean water and being like, you know what I have to do? Buy ad space on the President's Morning Show to tell him he's bad man.
What if he bought ad space in India?
He could have a way bigger fan base.
Tom, sir, please.
I'm so hungry and thirsty.
I just want food or water.
Oh, you want Facebook?
Y'all want Facebook?
We can get your Facebook.
Because that's essentially what he's doing. I did want to to say i said that he got mortgage-backed securities he was
farallon capital was selling mortgage-backed securities of course everybody was in this
shit so it's like yeah another thing he did was a benefit from the bailout like everyone like
jeffrey epstein did it just came out uh i mean if we didn't bail out jeffrey epstein who knows
what the consequences would have been for this but you know as part of the quantitative easing the federal reserve bought all these like worthless
mortgage-backed securities and uh you know didn't do anything to stop foreclosures but uh they
certainly recapitalized all these people who were absolutely about to get soaked yeah they foamed
the runway but so you know tom steyer and it, look, I'm sure they were going to do it anyways,
but it probably didn't hurt that he was a major investor in Obama's campaign.
So he's the guy in the room who gets the access to be like,
yeah, you should definitely buy my mortgage-backed securities portfolio
at 100% of market.
The other thing that him and his wife started
was this thing called the United Religions Initiative.
And this is a multi-faith grassroots initiative that cultivates peace and justice by engaging people to bridge religious and cultural differences.
And in 2000...
Well, good luck if you got Episcopalians running it.
Not shaking hands with those perverts. In 2000, you are...
This is just an example of how low Episcopalian self-esteem is,
where they're like, you know what?
We're just going to work with other religions.
Who knows if we're right?
Right, right.
Well, in 2000, this is called the 72 Hours for World Peace,
and that happened September 11th.
No, I'm kidding.
Which more than 250 organizations did.
But you know what's very funny?
If you look up United Religions Initiative in Corruption,
after the first like four pages,
it's just straight up Catholic conspiracy,
UN New World Order religion,
the fucking Episcopalians are starting a religion
that's going to control everyone.
You know what?
People think his shit is NWO.
Yeah.
It is kind of funny because, you know,
because he's such a big Democrat funder,
of course, you know, Republicans always go
into this George Soros thing where they're like,
these people are the puppet masters.
Right, right, right.
And it's kind of funny, like,
I'll go through in a second here
some of the dirt that I got on him
because, you know, he's the Republican funder.
People think he's like the George Soros,
the puppet master.
People think he's like a puppet master character, and so, you know,
of course, this kind of
conspiracy thinking will proliferate
where it's like, yeah, he's the UN,
NWO,
organ harvesting, child
sex guy. Well,
here's the thing. People, you know,
they'll say George Soros,
and they'll get anti-Semitic, or they'll say it's the
Catholic Church, they'll be anti-Catholic.
But let me tell you this.
Episcopalian, Church of England,
who's at the top of that?
The Queen.
Queen Elizabeth.
Now, who has close connections to Jeffrey Epstein?
Prince Andrew.
Prince Andrew.
The Episcopalians are giving the religious credibility
to run the Epstein.
Wow.
It is kind of funny that just by virtue of funding Democrats,
he has spread anti-Episcopalian bigotry on the far right.
Yeah.
So, I mean, it takes a couple of Googles to find conspiracy that's that dark and dirty.
But when you look at
the like uh press for united what the fuck is called the united religious initiative i mean
even the name just is like you are i and the it's based in you know all you know a whole bunch of
countries around the world and united religious initiative uh we set up in haiti and uh we provide
vaccines to the children who sometimes walk out missing kidneys, sometimes don't walk out at all.
We also offer modeling opportunities in Eastern Europe.
I mean, listen, in two years, there have been 10 places in India to give people internet in a country where people are starving to death and they don't have enough clean water.
United Religion Initiatives,
it operates out of Serbia,
moving young women into new lives in Amsterdam.
Oh, no.
Look, these poor refugees deserve a new opportunity
in the new world,
and that's what our foundation does.
By bridging the communication
divides between german businessmen and i think the anglican churches and refugees of the kosovo
war jesus christ the anglican church is responsible for brexit because they don't want those eu
restrictions on human trafficking man fuck billionaires let's do the conspiracy podcast
if if anyone if there's one thing i want people to get away from this it's that if you're Man, fuck billionaires. Let's do the conspiracy podcast.
If there's one thing I want people to get away from this,
it's that if you're Episcopalian,
I want you to seriously consider Lutheranism.
You don't know the difference. I don't know.
No one knows the difference,
but Episcopalians are trafficking children.
You don't want part of that.
That's true.
Minimum.
You know, there are a few other charities
that him
and cad taylor have started and i'm not saying they're all corrupt but i am saying that they
all have a veneer of look how great we are all philanthropic um entities of the billionaire
ruling elite have some sort of we're doing this to save money here here and here um with the
stayer family a lot of their a lot of tom's nieces and nephews
work in a handful of charities that like they're loosely related to but there's not really that
much information about tom stayers uh for children who are all in their 20s um they all have like
various san francisco jobs but the main thing about tom i think that everyone needs to hear
is that uh he's another fucking Silicon Valley crook.
And he has a veneer of I'm nice because I'm pretty sure his mom didn't like him as much as she liked his older brother Jim.
And Hume is not even in like the zeitgeist of the media.
One last thing I want to mention.
David Hume?
No, Hume Steyer, the older brother.
Okay.
One last thing I want to say about Jim Steyer real quick is in 2014, there's this Politico article where Jim Steyer is quoted as a guy who will be launching a political advocacy group and a super PAC may follow.
And he's quoted as saying, you don't bring a squirt gun to a fight where the other guys have AK-47s.
I will tell you this, we're fearless. So the Stey have ak-47s i will tell you this we're fearless so the stair family
is psychopaths uh they have a drive in them that will ruin worlds of people as if not already has
this world you know if you put hydrofluoric acid in that squirt gun you won't win the battle but
i did want to mention uh from the la times uh when stomp tom steyer was running
his head hedge fund in 2000 he wrote a letter to this yeah from the la times when tom steyer was
running his hedge fund in the year 2000 he wrote a letter telling some wealthy investors their money
would soon flow through an offshore company that would shield their gains from u.s taxes
which again is that his campaign slogan it's like jeffrey epstein's entire thing was that
was hiding money offshore and it's like well money and yeah yeah what else he hide shown
we forgot to mention this on the episode but i knew about it was deutsch bank deutsche bank
had to close the jeffrey epstein account in january uh and the thing is they had to close
it after this miami hererald long piece came out.
But somebody, a compliance person within the bank had been like,
yeah, we should not have a Jeffrey Epstein account
simply for PR reasons.
And they overruled him and was like, no, it's fine.
And then the Miami Herald piece came out
and they had to close it because they credibly suspected
he was laundering money connected to sex trafficking.
Oh, really?
And they were like, yeah, I guess now that they're writing articles about it, maybe the
blowback will be too much. Right, right.
You just need responsible capitalism.
When did Tom Steyer write that letter?
The year 2000. In the year
2000!
It's also not like he
was unaware
of the private prisons that his company invested in.
For instance, there was actually a movement amongst Yale faculty asking for them to disinvest from Fairlawn Group.
And Tom Steyer released a statement saying, we are very proud of the work we've done for Yale.
And then he did not address the private prisons and did not agree to speak very proud of the work we've done for yale and then he did not address
the private prisons and did not agree to speak with any of the protesters fucking crook yeah
um so i wanted to mention just a couple things before we run out of time here uh one last thing
i want to say sorry uh kat taylor has been profiled in a couple of uh photos and one of them
has her uh brandishing her tattoos she's a badass woman and some jewelry but
then she's also wearing two watches and i don't know about you guys but i don't respect most of
what billionaires do but i gotta say rocking two watches that's a solid billionaire move
because it's just insane enough to be like wrist oh that's yeah same of course the same wrist no
the other wrist has jewelry on it you can't um but for some reason you want one wrist to be east coast the other west coast i mean that would
make sense but i think two watches on the same wrist just screams i don't give a fuck about your
time i got my time to deal with that's interesting yogi because i was just looking on this fbi
database of pedophile symbology and it looks like the two watches are the symbol that means
that I would like to start with a two
year old, please.
Because the time
is the, it counts down
the amount of time before they kill the child.
Okay, that makes sense.
They have to sync their watches up.
Yeah, remember that for a moment. Who took Johnny
Gosch?
If you actually look at the time on her watches,
it's always off,
and it seems to be pointing towards
some sort of numerology code.
What have we become?
We traded drops for conspiracy and child rape.
You know what I kind of regret not bringing up,
though I did want to,
I just couldn't find the right moment,
is when we had Nick and Matt on.
I was like, I gotta find a moment
to ask them what they think about the Rothschilds
being very prominent in that black book.
Oh yeah.
You know a good way to get less accusations
of anti-Smitism Against our podcast
Bring up the Rothschilds
One thing I didn't mention about Epstein's Black Book
Is he had three Trump names in it
It was Ivana Trump, Ivanka Trump
And Robert Blaine Trump
Which is Donald's brother and his wife
Yeah
Wait his
Like the brother who drank himself to death
I don't think so I think Robert Trump is just a guy himself to death? I don't think so.
I think Ronald Trump is just a guy that's alive and people don't think about because he's not Donald.
And his wife is Blaine.
Blaine's a lady's name.
If you look at her two watches, the hands are actually forming a triangle at all times.
It's never an accurate time.
It's just the triangle.
She does have like a triangle tattoo, I'm pretty sure, on her shoulder.
Oh, great.
Let me confirm this before I...
Let's just start talking shit and then terrify ourselves by being totally right.
No, you know what?
It's not a triangle.
It's like a sun symbol.
But that's the new one.
Yeah.
She's got an anchor tattoo.
They worship the sun god.
She does.
That's the entire point of the occult.
Wait, are you saying they're descendants of Akhenaten?
Yes.
Spiritual descendants.
The Egyptians tried to stop it by removing all references to Akhenaten
after the death of King Tut, but they kept it at bay for a while.
Sort of like those Guardians in the original Mummy movie.
I mean, the original mummy of our
the only the only mummy that we need to talk about yeah the the egyptians managed to keep
it at bay for a while until people discovered the miami herald hieroglyphics which revealed
the entire conspiracy um okay so there's a couple things i want to get through before we run out of
time here uh so peter schweitzer is kind of a right-wing muckraker.
He writes this book.
He's written the book Clinton Cash.
He wrote this book Secret Empires.
But it's relevant because essentially he talks about like George Soros and Tom Steyer here.
Right.
And the information he has on Tom Steyer is not inaccurate.
So I thought I'd just kind of share some of it real quick.
Basically, we mentioned he's a major funder for President Obama, so I just wanted to kind of go through some of the stuff that he invested in in terms of American coal.
In 2009, Farallon took a large, quoting from, of course, his book, in 2009, Farallon took
a large stake in Freight Car America, a company that, quote, specializes in the production
of aluminum-bodied car-carrying rail cars.
Oh, his dad knew how versatile those were.
So, essentially, rail cars that carry coal,
is what I'm trying to say there.
And then the other thing that they do is,
in 2011, they buy up more than 1.1 million shares of Massey Energy, which you might know from Don Cocaine Mitch Blankenship blowing up his employees there.
But it was something where essentially the accusation that Peter Schweitzer makes, and I think it is kind of convincing, is that he goes and starts buying up coal companies on the cheap when the Obama administration regulatory environment kind of turns against coal companies.
So he's able to, you know, we mentioned this murder of employees at Massey Energy.
So he's able to buy that 1.1 million shares on the absolute dirt cheap
because of these kinds of events.
And so much of being like a hedge fund billionaire is like figuring out what
something's actually worth if you change it slightly and then fighting to your death to make
it that price in the future well who's he was like there are reports of him visiting obama at the
white house and just talking to him into the like early hours of the morning and like it's it's just so bizarre because on the face he was saying like oh you know
i'm i'm advocating for a cleaner environment right you know you just like know and like he
was probably being like well you know clean coal there is some potential to that well and so the
other thing here is uh tom steyer was a heavy opponent to Obama's face, heavy opponent of the Keystone XL pipeline,
which is like, okay, fine.
But just from this book-
Yeah, but Tom just wanted to fight a black guy.
That's all that's happened there.
From this book, Farallon's largest holding
in the first quarter of 2012
while he's opposing the Keystone pipeline
was El Paso Natural Gas Company,
a pipeline owner that was in the midst
of being taken over by another pipeline operator.
Just so happens,
this is his largest holding,
it also takes Canadian tar sands
out of the ground
and runs them over the pipeline.
So it's like,
okay, maybe he was sincere environmentally,
but it also happens
that your investment
will be a lot more profitable
if Keystone doesn't get approved.
Guys, don't buy poison from my enemies.
Buy poison from me, your friend.
You're a environmentalist.
With my poison, you can believe
that you won't have to deal with their poison
because you invested in my poison.
That's what this guy's selling.
Right.
Oh, so to be clear,
Kinder Morgan was in the process of taking it over
and they were the ones who had their own pipeline connecting the Canadian tar sands to a port in the Pacific.
And I guess the last thing from this book,000 shares of Ultra Petroleum, and
a large chunk of an oil and natural gas producer, Encana Corporation.
Did you say Schlumberger?
Yeah, something like that.
S-C-H-L-U-M-B-E-R-G-E-R.
I think this time we actually think you pronounced it right.
It's just a funny name for a company.
Schlumberger Millionaire.
My dad was a Schlumberger.
His dad's dad was a Schlumberger.
All we know is Schlumberger's here.
My family has a proud tradition of
not being taken seriously.
But the thing is, so
he steps down from Farallon in 2012
and goes to anti-global
warming full time, but he still invests his money in Farallon in 2012 and goes to anti-global warming full time.
But he still invests his money in Farallon, which is in all this fucking coal, all this oil, these private prisons and shit.
So he's still investing his money there.
And one last thing from the book, Steyer enjoyed high-level private access at the White House while his firm was making these trades.
Between 2009 and 2012, he had multiple intimate meetings
with top leadership at the White House.
Eating butt.
According to White House logs,
he met with Rahm Emanuel,
the White House Chief of Staff,
for six hours on September 29, 2009.
A lot of buddying in six hours.
Another meeting March 4, 2010.
Oh, both times.
So September 29 and March 4,
he met for six hours with Rahm Emanuel.
Oh, that guy.
He's never been corrupt.
He's like, oh, yeah, Rahm, you know, funny thing I learned from my investment buddies,
but if you want to cover up a murder.
That's Rahm Emanuel's role in the Epstein scandal.
He's really good at making videotapes disappear.
So in 2011, he met twice with the, at that time, new White House Chief of Staff Bill Daley.
In 2012, he met regularly with Pete Roos.
And then in 2014, he had four meetings with John Podesta, who was then the White House counselor.
So again, these are all during the time that he's able to, even after 2012 he still invested in that fund yeah you know so he has incentive to be like hey maybe you should buy this
right right did you know that if you if you help me kill the earth i'll make money from it
why is this good for me well you can invest in it too. Oh, I liked, I just read this. In February 2013,
he spoke at an anti-Keystone XL rally.
It was organized
by environmentalist Bill McKibben
and apparently McKibben
asked Tom Steyer
to join the protest
by tying himself
to the White House gate
and getting arrested.
But Tom Steyer
was dissuaded by his brother.
And it's like,
boo.
You could do one good thing,
get arrested at the White House. It's like, what, You could do one good thing, get arrested at the White House.
It's like, what, you can't afford a lawyer?
Yeah, I think you'll be able to get out of jail.
Don't worry about it, Tom.
I feel like Tom Steyer's trajectory in life is like,
he just spends an hour pouring beer on the floor.
And then he's like, oh, I can stop this.
I'll dilute it with my pee.
It is technically diluting it.
You know how he could redeem himself would be cover himself in coal and light himself on fire outside of the White House.
He doesn't support those industries anymore, Sean.
It's got to be something else.
One last thing to mention here.
His platform, it's like, it's fine.
The other candidates are...
It's stupid.
It's fucking...
Oh, fuck.
It's a postcard i'm trump views but his
less technically less money and sway but i think a billionaire outsider can do what a political
person that runs the system from their experience and know-how wouldn't be able to do because they
don't know how to not poison the world for their fucking profit. Well, Trump made like tangible promises like lock her up.
Another promise broken.
I know.
He didn't say witch her, by the way.
He just said lock her up.
Tom Steyer's five rights.
It looks like he just someone challenged him to have a more platitudinal campaign than Clinton or Obama.
Just one thing I want to mention.
Like if you're maybe a liberal person and you watch his platform video, he says fine things like
what single payer or whatever.
Right, right.
But then he also is like, and we're going to have term limits.
And the thing is, term limits have been pushed by the Cato Institute for a very good reason,
which is that if you are an incumbent running against somebody, say you're a progressive
incumbent, you might have an advantage that offsets your disadvantage in cash because you actually deliver things
to your constituents.
If you are two unknown people both running for an open seat, whoever has more money has
a big advantage there.
So the nice thing with term limits and why the Cato Institute and other right wing billionaires
push them is they have that cash advantage so as long as there are more open seats
it's much easier for them to get their unknown people in there so until you take money out of
politics terminal limits is a horrifically right wing idea it's a band-aid on a situation where
they need stitches i mean i wouldn't say it's necessarily a horrifically right wing idea but
it's it that's probably where yeah those ideas are coming from well that's one of the one of the five rights but wait there was one last thing i needed to get andy's reaction to and we forgot to now
in the guardian the guardian asked him about the idea of a billionaire running for president on a
progressive platform uh he said this to the guardian should we put a limit on what beyonce
makes i don't see why i don't think people in the united states of
america we should put a ceiling on how far people can go and then he transitioned to a critique of
communism with the argument quote at the heart of every great he criticizes the argument that at the
heart of every great fortune is a crime which tom you're welcome on the podcast we will have this
respectful debate with you come on down down. The thesis of our podcast.
The drops are coming back.
He says, quote,
What Karl Marx failed to take into consideration was software.
That if you are Michael Jackson or Rihanna or Beyonce
or anyone producing an idea with software,
you aren't just the best singer in your village.
You have an ability to reproduce that song infinitely
at very low cost around the world. Well, I will say that Rihanna and Michael Jackson are very famous coders.
And people have come out to say that, you know, conceptually, Marx did account for
the invention of software in the Grundrisse. But in answer to that, you know, maybe the Grunries wasn't really published until decades and decades after the death of Karl Marx and isn't really included in the typical Marxist canon.
So I think, you know, maybe Tom Steyer just only read the big ones like the Communist Manifesto and Capital and isn't aware of the Grunries.
So, you know, maybe he can be forgiven for making that, you know, kind of error.
Yeah.
I just like to imagine him saying Michael Jackson
on the phone to the Guardian
and his advisor being like,
no, no, no, not Michael Jackson.
That's not the example you want to use, Tom.
But yeah, that's about it.
So we'll see if Tom Steyer's presidential campaign gets traction.
Wait, I want to get Red Scare numbers.
Michael Jackson did nothing wrong.
And with that, this has been Grubstakers.
I'm Yogi Pollywall.
I'm Andy Palmer.
I'm Sean McCarthy.
Thanks for listening.
Let's talk about what's in your win column.
You poured $120 million into the midterm.
Some would say you won the House back for the Democrats.
Millions into campaigns against big oil, against big tobacco, against corporate tax loopholes.
Why is $100 million running for president money well spent?
Well, Michelle, I don't think it's about the money.
Michelle, I don't think it's about the money.
Michelle, I don't think it's about the money.