The Ben and Emil Show - PP Episode 7: How to NOT do Insider Trading

Episode Date: August 3, 2023

The boys take a deep look at some stocks Ben likes, Joe Lewis doing some terrible insider trading, climate change, Teslas. It's a big one. Get bonus content on Patreon Hosted on Acast. See acast.com/p...rivacy for more information. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript
Discussion (0)
Starting point is 00:00:00 you know what I just got speaking of reading what oh yeah we've just been talking about reading you guys just missed it we've been talking about books so many so many books go hit it hit us I finally got an e reader you've had I thought you had one never had an e reader really really how do you like it
Starting point is 00:00:19 it hasn't arrived yet I ordered it for this trip why are you telling us well because we were talking about it it just reminded me yeah did you get a nook no what did you get like a someone my friend recommended like a kubo cobo cobo cobo cobo okay who makes it cobo cobo i don't know good answer but wait i gotta show you this is why i did it well there he goes folks now that's the show to me for five seconds fuck because this is how stupid i am i always i just bring books really yeah i was going to travel around with this in my backpack folks for the audio listener this is a big
Starting point is 00:00:59 fatty book. And then everywhere I went, I was going to go, oh, my shoulders hurt. Oh, man. This book has a dang index. That's how big it is. And then I was going to, you know, just pack all these books. Did you buy it or did you rent it from the library? Well, that's the thing. On the cobo, I can just rent them from the library. Oh, geez, man, I got to get on that. I think I still prefer. When you think about it, having a book is stupid. Having it in your, it just takes up space. You just dust it, right? No, it's great. And I would prefer to read the, I, I would prefer to use a actual book, but... I like how they smell.
Starting point is 00:01:32 I just can't believe... Even when I just go on a short trip to New York, I put like three books in my bag, and it's like, why am I carrying around 10 pounds? Yeah. I should just put a dumbbell in my bag. Yeah, you could. You would, actually.
Starting point is 00:01:43 You would. You'd be like, well, I've got to exercise. I've got to get my exercise in. Like how the now dead liver king would do chest dips in the airplane in his seat. Speaking of dead, we got to give a huge shout out to Pee-wee-Herman. Oh, absolute pay-pig salute to the legend. Jesus.
Starting point is 00:02:05 What? It just feels gross. Paul Rubens. If you don't know who Pee-We-Herman is, I don't know what to tell you. I mean, you should just stop and just give up because he's, yeah. I don't know if you should give up. Yeah, I think give up. That kind of implies.
Starting point is 00:02:22 Yeah, no, but he died. What was it? Cancer? I don't know. I know he said something about like, He released, he left a statement, like, so he knew. Kind of like he went Norm McDonald's style. Yeah, he said, sorry, I didn't shed any light on this.
Starting point is 00:02:38 Yeah, he was on cameo. I didn't even know. He was on cameo. Could have gotten a cameo from. Just like Che Pasa. Che, who? From, uh, and just like that, you're not watching the second installment of the Sex and the City reboot?
Starting point is 00:02:51 No, no, you are? Of course. Is Che Pasa the, the, the, they, them who's a comedian? Yeah, her name is Chee and she has. a she had a pilot deal for a sitcom called Che Pasa. In the show or in real life? No, in the show. Okay.
Starting point is 00:03:05 And what happened to the show? It doesn't get picked up. Oh, no. So does Cheapot, does Che go on to Cameo to, um... Yes, it's actually really tragic. Oh, man, because nobody books them on cameo. No, no, she gets booked, but Miranda's trying to sleep and she's doing cameos in the bed. Oh, because, uh, Shea at Shea?
Starting point is 00:03:27 I don't know actually Che or Shee She is dating plugging Miranda they're scissoring I don't know but they're dating Got it got it
Starting point is 00:03:37 Lesbian style We love it What Che Diaz Che Diaz Oh my god Are you watching Oh yeah
Starting point is 00:03:47 Nice Man people are gonna skewer Emil after After his lackluster review Of the Barbie movie Oh If you didn't like that
Starting point is 00:03:56 Wait till you hear Ben's In last week's bonus episode, and if you don't, if you care to hear it, it's on or watch it, it's on paypigspod, patreon.com slash paypigspod, uh, Patreon, Patreon exclusive, everybody got mad at a meal because he said he hated the barbie. That's not even true. Absolutely hated it. That's not even true. He said the messaging was, was clunky. This is bullshit. What did you think of it? Uh, no, well, why don't you use this moment to clear the air? Because, A lot of people got legitimately upset with you.
Starting point is 00:04:29 Why don't we do it in the bonus? Well, we will. We will. So I'll save my review for the bonus as well. Oh, I have nothing to. If you saw, I went back and watched it because I was like, geez, what did I say? And then I went back and watched it. I was like, oh, no, I mean, I stand by this.
Starting point is 00:04:42 Yeah, you just said that you hated it. I didn't say I hated it. I did not say I hated it. I said, I found it a little stupid. And people did not like that. Yeah. Which to them means that you condemn any and all. messages of feminism and solidarity therein.
Starting point is 00:05:02 Yeah, it's an odd thing. You can, uh, now if a movie has a, a message, you have to like it no matter what. And, and any dislike of the movie means that you disagree with the message. Not true. Not the case. A weird way to, a weird way to enjoy art. It's funny. I just, you know that guy, Boots Riley.
Starting point is 00:05:21 He did. Yeah. Thank you for calling or whatever. Please, please pick up the phone. Sorry to bother you. Yeah. Love him. Obviously, you know, great.
Starting point is 00:05:34 What did you hate? I like his views. But he released a show called I'm a Virgo. Did you watch it? Didn't even know about it. It's like, yeah, the message is great. I couldn't disagree with it even if I tried, but I didn't find it that fun. So you hate black people, too.
Starting point is 00:05:52 Exactly. I think that's, yeah, yeah. Oh, my God. You can't. You cannot deny. You can't separate the two. Yeah. Speaking of, I don't know what speaking of, but we have our London show coming.
Starting point is 00:06:06 So if you're in the UK, you better get your ass ready because we're coming and we are going to... Get your ass ready. Get your ass ready. Make sure your ass. We're going to try to release tickets to people on Patreon first. No, we're going to try. We're going to do it. We're going to because that is the promise of one of the perks that you get.
Starting point is 00:06:24 So just keep a lookout because we're going to. because we'll be posting it soon. Also, you gotta, you gotta, you got a comment. We dig the comments on YouTube. We literally survive on them. You know how plants got their photosynthesis thing going? We got that, but with comments. I just, I inject it daily.
Starting point is 00:06:45 Oh, that's how we grow. That's how. Comments are our sunshine? Comments are our sunshine. What's our soil? Our soil is, I don't know, lentils for you. I don't know. Mentals would be my soil.
Starting point is 00:06:57 What would be my soil? Cigarettes. I don't smoke anymore. I haven't even, I haven't even, I had, I don't think I had a piece of nicotine gum all day yesterday. You know why? Because I've been chewing sunflower seeds. There you go. But of course, because nothing I like is ever good for me.
Starting point is 00:07:11 Sunflower seeds bad for you? Well, when you got them, when you, when you have the cracked pepper kind that are just loaded with sodium. And one serving is 10% of your daily dose of sodium. And I'm getting three, four servings of the motherfuckers. God, they're so good. I'm just a whole wad in my mouth. I feel like I'm playing baseball again. So what's your water?
Starting point is 00:07:33 My water is water, dude. Yeah, I guess our water would be water. I am trying to get, uh, I, okay, before we get into all this, by the way, we got a hell of an episode for you guys today. We got, we're talking about stocks. I got some stocks to talk about. There's earnings going on. We got not one, but two billionaires who done fucked up.
Starting point is 00:07:53 Big, big fuck ups. One is involving Jeffrey Epstein And the other is involving a billionaire with a big fucking mouth This guy's mouth Bigger than that woman on TikTok Who's got that giant mouth Wait till you see the mouth on this guy The mouth on this guy
Starting point is 00:08:10 Holy shit Yeah I accidentally We're going to be talking about how climate change is ruining your vacation Yeah everything Well it's ruining everything really But mostly we got to make sure that you have a decent vacation That's the real worry Yeah we want you to be in vacation
Starting point is 00:08:24 heaven no matter where you choose to go. But yeah, I learned yesterday that I've accidentally been charging a ton of Uber and Uber Eats to my mom's account, to my mom's American Express account. And she told me, I asked her, or she said something to me yesterday, and it came up, she said, you know, I had to get my third American Express card in like the last three, four months because I just keep getting fraud on there. And I was like, what's the fraud of the fraud accounts? Uber eats and Uber. I'm not ordering that. And I thought, okay, something's wrong here. Long story short, I added her card to my account to get one of the like $15 a month credits that they offer. And I neglected to remove it. And it had made her card the default card. And I wasn't
Starting point is 00:09:16 paying attention. So I was just thinking, oh, yeah, it's going straight and my accountant and then I pay it off every month. No, she has been, she has been getting. American Express has been going, yes, ma'am, this certainly constitutes fraud. And then they close it and give her a new card for like the last three times. So I finally took it off. And I've, I've since had like 10 charges on my Uber Eats account suddenly freeze and say, you need to pay these. So I've been dealing with that. But, oh boy, pretty funny. It does worry me that we just opened business accounts together and everything. No, it's fine, though. It's fine. It was just an accident that has...
Starting point is 00:09:59 You seem to forget which accounts you're on. You've already, I've already looked at a statement and gone, what's this one about? And you go, ah, God, damn it. I thought I was on my account. And I'm like, damn it, am I going to have to look at every... No, no, no, that wasn't an innocent mistake because that was Patreon. But... God, damn it, I thought... Is that me? God damn it. It really is annoying how often apps and programs will default to certain things without telling you. Google Drive.
Starting point is 00:10:29 Every time I log into Google Drive, it's defaulted to a different account. And I could probably change it, but I'm not going to do that. I guess I have to. Okay. Did you get the green card? No, I didn't get it yet. Okay. It'll probably come today.
Starting point is 00:10:42 Ridiculous. God willing, inshallah, the green amex card will come today. Am I right? I really hope so. Am I right? All right. oh man okay well so let's dig right in huh the GDP was up 2.4% last year in part probably due to me in my or last quarter sorry uh last month yeah last month sorry consumer sentiment was up
Starting point is 00:11:09 household spending was up and there was robust business investment so all the business investment we've done probably yeah i think as we'll choose the goddamn economy as we will find out from future guest Kyla Scanlon who will be welcomed back with open arms as our first guest here. I want to
Starting point is 00:11:31 poke her brain about pick her brain about how Taylor Swift I would hate if you poked it. Taylor Swift single-handedly contributed to a possible earthquake and an economic boost. That's exactly right.
Starting point is 00:11:46 So as a result of all of these things, the biggest news last week was that the Fed is no longer predicting a recession. Cue the sound effects for applause. That was fun, just an entire year of gaslighting us. It's really, I'm really, yeah, I'm tired of it. I hate when. Then telling, you know, putting Larry Summers on TV and just going,
Starting point is 00:12:08 we need to throw millions of people out of jobs. They're spending too much. And inflation is too high. Yeah. And then the other good news is that inflation is coming down. down, but the Fed doesn't predict still that it'll hit 2% until 2025, but they said that they would stop raising rates before then. Jerome Powell, direct quote, I would say that what our eyes are telling us is that policy has not been restrictive enough for long enough to have its full
Starting point is 00:12:38 desired effects. We intend to keep policy restrictive until we're confident inflation is coming down sustainably to our 2% target, and we're prepared to further tighten if that's appropriate. You know what else has been further tightened? This belt that I got. Why is that? I don't know. I think the leather is loosening up, but I had to ratchet it up one more hole. Oh, that's good. Then you're losing weight. I don't know if I'm actually I'm not trying to put a value judgment on. Don't don't. Oh, geez, dude. God, left and right. And then he went on to say, we're going to be going meeting by meeting. And as we go into each meeting, we're going to be asking ourselves the same questions.
Starting point is 00:13:19 So we haven't made any decisions about any future meetings, including the pace at which we consider hiking or raising rates. But we're going to be assessing the need for future tightening that may be appropriate to return inflation to 2%. Basically, all you've got to know is they're holding off for now. They're probably not going to cut rates at least until like the end of next year. Unless you don't stop spending. Yeah, you better stop.
Starting point is 00:13:43 Stop it. Stop it, baby. I mean baby, like a child, like you baby, stop it, baby. I thought you were talking to like your wife. Stop it, baby. Hey, baby, stop. You know how the economy is right now. Stop what's suspending.
Starting point is 00:13:55 I'm getting naked and going in the ocean tonight. I told you a minute ago. But the people don't know. Oh, oh, I didn't? You must have been gone. Yeah, it was just you. But I thought of me it was in the room. You're getting naked and going in the ocean?
Starting point is 00:14:08 Yeah, because it's a super moon tonight. And I got, I hate calling her Jessica. I know. Can you just say like your girlfriend? Yeah, okay. Yeah, my girlfriend wants to go to Malibu and get naked and go in the ocean. And I'm like, hell, yeah, that sounds fun. It's going to be great.
Starting point is 00:14:27 This is like Ben's bragging hour now. Yeah, man. I have a girlfriend. She made me peach cop. And she wants to get naked with me. And go. You're like, I'm in like seventh grade and I'm like, okay. She also made me peach cobbler.
Starting point is 00:14:42 And it was so good. My girlfriend wants to get naked. Peach cobbler. And that's not all. She wants to get naked tonight It can go in the ocean I hope nobody steals our clothes That would be
Starting point is 00:14:53 That would be Such a sexy misadventure So how did you get to that? I don't know I think you just wanted to tell people I don't I don't remember I can't be sure I think it's just about
Starting point is 00:15:05 I don't know Brain just is thinking about it With excitement Anywho I had you know It has been a very stressful time For me with all these stocks With all the swimming
Starting point is 00:15:15 And the nakedness and the pie. There is a stock whose ticker symbol is S-I-M-O. And I had shares in this thing, and then I traded it, and I was waiting for it to report earnings. And then all of a sudden, the day before earnings, China comes out and approves this merger that they had between themselves and this other company. whose ticker symbol is MXL or something. And so the stock opened up. It had closed at 52 and a half and it opened up at like 92.
Starting point is 00:15:56 I would have made like $40,000 based on what I was going to enter in at. And then so everybody's like pumped. Oh, holy shit. China approved this merger that was meant to happen like two years ago. But then midday, the company that was going to acquire them said, actually, we're going to bail. We don't want to do this anymore. I like thinking of the CEO just like, no, we're going to bail, dude.
Starting point is 00:16:21 This sucks, actually. We don't, yeah, we don't like, they're called Silicon Motion Technology Corps. I thought we were into it, but. Nah. Yeah. People have been, if you've been in this stock, you've been on a roller coaster ride. At the end of May, it was down at 50, and then it rocketed up to like 85 within a month and then went right back down to 52 and a half, only to open up at 92 and then lose all of that
Starting point is 00:16:45 because of this shitty news but so there was that and then um i have i swear to god man okay have you been following the superconductor i mean as much as i can right it's like i'm not going to pretend like i understand oh i don't understand it either but you understand the gist of it right yeah that they i mean that it'll be huge and uh like a gigantic breakthrough if they can and we'll be able to power entire cities with right yeah but when they're like actually it's fake and here's why i'm like yeah you guys are on your own yeah shut up dork just give it to me straight well i being the genius that i am yeah i'm not oh you get it no but i thought okay if this superconductor shit is as real as possible i'm going to go look up what
Starting point is 00:17:41 superconductor stocks there are as real as possible Like, if it is real and legitimate, it's probably going to really start to, in as much as AI really started dominating things. So I looked it up, I looked up stocks that had superconductor in the name, and there was one that I found, American Superconductor Corp. Great. And the ticker symbol was AMSC. No, it's real.
Starting point is 00:18:07 It's a real company. American Superconductor Corp. And I bought a bunch of it last week at like $7. share and then I rejoiced and sold it at like $10 and $11 to share. You see that? And then, yeah, yesterday I was reading that some dork on Twitter who's been a sort of authority on this thing said, well, it looks like the superconductor thing is bullshit and it's not really going to happen.
Starting point is 00:18:35 Too bad so sad. So I thought, well, surely this stock that has been rallying on this will come back to earth because of it. Well, then someone published some shit yesterday that said actually some nerd talk that I didn't understand. Well, was it the guy saying that basically so many people are racing to file patents and papers on this that it does feel legitimate? It was something to that effect. And the stock rallied 60% to it. People are pushing to make it so they're eligible for the Nobel Prize and everything like that. And so, you you know, well, just hold on a second.
Starting point is 00:19:14 This actually could be the real deal. Yeah, which caused the stock to skyrocket. Similarly to how, excuse me, to how when AI... And you already got out at that point. I already gotten out. So today, I would have made, I don't know, $25,000, $30,000. I love that. And I am really, I'm really happy about it, actually.
Starting point is 00:19:34 I'm so happy. I'm just happy. It makes me happy to wake up and see, oh, If only I had not done that one thing. If only I had not clicked my mouse two times, I would have $20,000 to $30,000 more today that I don't. Well, the other frustrating thing is that, and this is to me a yellow flag for the markets,
Starting point is 00:20:01 all sorts of garbage is running. Like what? Like Tupperware. If a company is announcing... Wasn't Tupperware just... weren't they in huge trouble? Yeah. Yeah, okay.
Starting point is 00:20:15 But all the meme stock morons are piling in on these things because they've been so shorted that it's like, well, there's no possible way that it can go down anymore. Tupperware stock is up like 500% over the last week. God bless him. And then yellow, have you been following the thing with yellow, the trucking company? They, I'm surprised.
Starting point is 00:20:33 The only yellow I follow is cold plays. Actually, I don't. I don't like cult play. I don't know what. That album's pretty good. The one that Yellow is on? I've never heard it. That album?
Starting point is 00:20:48 I've heard the song. Oh, it's fantastic. And that song was enough for me to go. Not for me. It was all yellow. It was all boring. No, thank you. It was all really good, actually.
Starting point is 00:21:01 Well, Yellow is a trucking company, and their CEO last week. They couldn't come to an agreement with their Teamsters, with their union. that employs like 30,000 people. And the company's pretty much like unwinding and just done after decades of being in business. Management is blaming the union.
Starting point is 00:21:23 Union is blaming the management. Classic move. And wouldn't you know it, all the meme stock people are jumping on it and making the stock just absolutely rip. And then you've got the big, big, big thing this week will be Apple and Amazon earnings. when did when does that come out
Starting point is 00:21:42 Thursday so as of the day that this comes out that'll come out do you want to make a yeah I'm make a guess Netflix style see how you can yeah I'm going to predict that Apple once again blows it out of the water because for some reason every quarter there's still millions and millions of people who need to buy an iPhone
Starting point is 00:22:00 I don't I don't understand who are these people that didn't have one before and now need one doesn't everybody have one by now you'd be surprised i guess jesus h and then uh amazon reports i don't give a fuck i don't know what they're going to do probably i don't know i read that they're i read today that they're trying to really ramp up the one day delivery thing oh yeah they're trying to like cut it in half which i don't understand what that means they're trying to like make it even quicker like just same day delivery yeah they're going to double their
Starting point is 00:22:33 like footprint the buildings yeah they're gonna go back and make sure that they have who fucking needs these things i don't know you know how you know what they stock in those warehouses the top 100,000 products oh interesting yeah the top 100,000 i want to know what that 100 100 the bear the very last one is the hundred thousandth I also hate fucking shopping online why it's so great it's so convenient
Starting point is 00:23:08 you love it you fucking buy a bunch of shit and then you return it right whoa whoa whoa I mean every so often I'm not doing it all the time I'm not I see you do it I'm not doing it all the time I go over it's like uh sometimes yeah like every
Starting point is 00:23:22 once every two years I open this guy's door it's and just boxes and bags are spilling out and I go Jesus Christ Oh, yeah, so did a little shopping. Yeah, well. But I don't do that. And maybe that's what you're supposed to do.
Starting point is 00:23:35 But I had to get some things because I'm going on this trip and it's like... Some books, some heavier book? Yeah, I'm calling them. I'm going, this book is not heavy enough. I need a bigger book. I've got to stay fit. No, it's like, who's buying shoes? It's the worst.
Starting point is 00:23:48 Buying shoes on the line? Oh, I don't do that. I'll only buy shoes if I know my size already and I like the shoe. I know my size, but then it comes and it's like, no, it doesn't fit. Yeah. You got to stop eating so much soft. And they're like, they put a little slip and they're like, oh, a problem with size or fit or whatever, just put it back in the box and tell us which one you want. It's like, this sucks.
Starting point is 00:24:09 I used to just go to a store and try it on there. Try it on and I'd get the one I want. So do that. And then I just fucking leave. Stop complaining in my ear. I know. I could just go. I tried to be a modern man.
Starting point is 00:24:21 Yeah. It's not for me. The other, the last two that I'm just curious about is A.B. InBev. See how bad Bud Light's going to get. reamed. Oh, dude. They just laid off a bunch of people. And they just said that they're,
Starting point is 00:24:35 they don't expect the sales. They no longer expect the sales to come back to recover from the Dylan Mulvaney thing. It is funny. I'm sure it's confirmation bias, but it's like, you know how Modela is number one now? Yes. Number one.
Starting point is 00:24:51 Very nice. Because it's a Mexican beer. I see it everywhere now. it's confirmation bias yeah it was every time i go to like plus we're in los angeles everyone drinking but i yeah i guess i just never noticed it before and uber i think it'd be funny if the whole like this massive company just goes out of business it would never happen i know but but they're just like we shouldn't have gave that i can't train woman a can with her face on it fuck oh such is so stupid also it just speaks to how stupid everything is yes he just gave her a can they weren't
Starting point is 00:25:32 because now everybody's going to say well see told you go woke go broke they didn't go is that a fucking yeah you've never heard go woke go broke no that's that's what they've been saying about target with those kind of people ben i don't hang out with them either i see it i monitor it online sounds like a cool saying you and your friends have whatever dude you hated barbie then his friends It's chugging Madella. Go, go broke, dude. Oh, fuck. Anyway, Uber also is reporting.
Starting point is 00:26:04 I think Uber is finally going to start, man. So I used one of their, I didn't accidentally, but it automatically gave me a little delivery robot. Serve is the company that does these. If you're in Los Angeles or any other city that has these, and if you don't know, they're these fucked up dumb little carts that are autonomous and they drive around and they deliver you food. So you get no choice in the matter. No, it just said, hey, congratulations.
Starting point is 00:26:36 We're refunding the $9 tip you were going to give a person and instead we're going to have your food come with a cute little robot. And I was like, oh, cool. And I saw it on the map and it went to the place and picked up our sushi and then brought it out and I went outside and it said, use the app to unlock me and it didn't say it this is all on uber eats yes but it's a different company doing the robot serve is the company that they've like partnered with and um it it has level for autonomy apparently it's it's yeah i thought that it was a guy somewhere with a joystick like
Starting point is 00:27:09 a like one of obama's drone operators you know what i'm saying but it wasn't it's just the singular little singular little thing and uh yeah i gave it a pat on the butt afterward and it um It did an awkward, stupid, like, six-point U-tune on the, and you hear every little rattle of the, of the, like, it's got a flag on it, so it's just, just rattling and, and it was off. And I thought, oh, wow, that's kind of cool. And then I thought, oh, shit. Yeah, they were really going to make this start to be a thing. And then I saw TikTok of a woman doing an Uber ride in a, or not an Uber, it was a Waymo. I don't know how you book a Waymo.
Starting point is 00:27:50 but it was in Arizona. And she booked like a 45-minute drive, just her in the back seat by herself. Right, Waymo's are the autonomous driver. Yeah, that's owned by Google. Autonomous driverless car. Yeah, driverless car. Yeah.
Starting point is 00:28:05 And she, her being in it kind of gave me pause and made me reconsider the idea that autonomous driverless cars might end up happening. Yeah. Like fully, but I don't know. She said that it avoided highways. because that's one thing that it still can't do. But Jesus, H. Louisus.
Starting point is 00:28:27 You want to share the thing about the fucked up guy, too, the guy who got busted and his little update, the one that Andrew shared with us? Oh, Zach Morris? It's pretty funny. I mean, he's like a mascot of the show now, so we might as well. I mean, he's your arch nemesis. Yeah, he did block me, and I called him out.
Starting point is 00:28:46 So Zach Morris. You tried to get him on the show. I did. Yeah, he wouldn't do it. A previous show. Yeah, a previous show. I iteration of the show. Yeah.
Starting point is 00:28:53 That we can't remember the name of it either. I don't know. I had something to do with. I know there's a t-s-out. Yeah, but I'm getting like billionaire. I don't know. My brain feels foggy. Yeah.
Starting point is 00:29:05 I don't know what they put in the water. All right. So tell us what happened to your... So Zach Morris got indicted and fully... If you don't remember, he's like a famous and shameless pump and dumper. On Twitter, that's right. Huge, huge. Huge amount of Twitter followers, telling everyone to get in on stuff.
Starting point is 00:29:23 Yeah. And then that he's already in on and then selling when everyone gets out. And so there's this Twitter account that actually has me blocked called Guru Leaks. And it's been giving updates on this. So the US DOJ moves the court to issue an arrest warrant and revoke bond for Edward Constantiniscu. What if, why do these guys always have such fucked up name? Careful. It sounds a little Greek.
Starting point is 00:29:49 Oh, yeah, a.k.a. Mr. Zach Morris for continued witness tampering. So this is straight from the docket itself. Yeah, defendant's repeated flagrant disregard of this court's orders is escalating with no signs of abatement and threatens to undermine the integrity of these proceedings. As such, there are no conditions of release that are suitable for defendant Constantinuscu and the United States respectfully requests that the court issue a warrant for his arrest and revoke his bond through trial. And there's a quote.
Starting point is 00:30:21 They've got a quote between the court and him. The court says, if I hear of, that's probably the judge, if I hear of something happening again, I'm going to put you in jail. Do you understand? Yes, sir. Yes, Your Honor. And then he just continues to fuck up.
Starting point is 00:30:38 And as of seven hours ago, this account posted that, where's the one with his wife? He has engaged in a quote, sustained campaign of witness intimidation attempting to convince wife to change her statements to the FBI. He texted
Starting point is 00:30:55 defendant texted his wife the original FD 302. What is that? Of her conversation with the agent, which itself is a violation of the protective order in this case. Defendant engaged in several conversations with his wife in which he asked her
Starting point is 00:31:11 to change her story to the FBI and she declined repeatedly to do so. Good for his wife. Honestly. That is so funny. We love that. It says that he's also engaged in multiple monetary and property transfers in violation of his conditions of release. Quote, the list of violations grows like ticker tape and points to the inescapable conclusion that the defendant will not respect the law or any conditions of release.
Starting point is 00:31:41 Put him in jail. What a fucking moron. He just keeps wanting more. he can't he can't help it we do he's addicted yeah speaking of being addicted joe lewis yeah joe it's time to talk joe lewis addicted to what helping people joe lewis rocks this guy's a good billionaire we love joe no we love joe lewis here's why joe lewis is okay let's let's start with he's a britts first of all he's british we love that oh dude so british wait wait you get he's extremely he's so british he's the owner
Starting point is 00:32:17 Get this. He's the owner of the Tottenham Hotspurs. Mr. Lewis grew up above. This is from New York Times. Mr. Lewis grew up above a pub in London's East End and helped transform his father's catering company into a chain of themed restaurants. By age 15, he had dropped out of school to focus full-time on business, and after selling the restaurant business, moved to the Bahamas as a way to avoid taxes. That is such a British thing to do.
Starting point is 00:32:41 Moving to the Bahamas is, I feel like that's the British equivalent of moving to Florida. insane. So one of the focal... You know who he's who he teamed up with to become a billionaire? I don't. Ooh. So he amassed a fortune from decades of currency trading. That might give you a...
Starting point is 00:32:58 Stan Druckin-Miller? Oh, the Jew. Soros, George Soros. You're teaming up with George Soros in 1992 to mint huge profits and the Mexican peso. Now he has an estimated net worth of more than six and a half billion dollars. That's five billion sterling. or the British pound. Yeah.
Starting point is 00:33:19 So a focal point around all of this is his super yacht, which is a 321 foot yacht where many of his illicit discussions took place, according to a Bloomberg report that was out Friday. Yeah, what else are you going to do on a super yacht? You think I'm talking about non-elicit things? Dude, I think I'm talking about licit things? No, we're only talking illicit shit. This guy is, he's not my hero.
Starting point is 00:33:46 Look, I know that insider trading is wrong and illegal, but in this case... But also cool sometimes. It's also cool because he wasn't doing it, he wasn't doing it to, like, his fellow billionaires. He was doing it to the people that, like, work for him and stuff. You know why it's so slimy? Why? He was doing it in response to not give proper benefits and stuff. So, like, regulators said...
Starting point is 00:34:11 Right. That's right. We'll get into who these guys are, but regulators said Mr. Lewis. had lent the pilots to the money to make trades as a substitute for a formal retirement plan, which is insane. Asking your boss, like, hey, you know, you're worth $6.5 billion. What do you say we like, maybe get better health care? I got a better one for you.
Starting point is 00:34:33 Or even a retirement plan. I've got a better one for you. So I know that this company, right, it's going to be reporting, shut up, it's going to be reporting some really good news. Okay, but what does that do with me? So here's what you're going to do. You got $500,000, I'm sure, right? No, you don't pay us that well. You don't have $500,000 cash?
Starting point is 00:34:52 Well, how about this? By the way, this is almost a verbatim reenactment. How about this? By the way, who I'm talking to right now, these are my two esteemed helicopter pilots, right? Right. I'm going to loan you both, $500,000 each.
Starting point is 00:35:10 To buy this stock. And then you're just going to pay me back. This sounds like insider trading. No, no, this is a really smart thing. You've got to trust me. I'm Joe Lewis. Could we just do a retirement plan? No, no.
Starting point is 00:35:23 You're talking to the owner of the Tottenham Hotspurs. Exactly. One of the best football clubs. Surely you could afford to give us health care. No, no, I couldn't possibly do that. But what I can't afford to do is to loan you $500,000 each, which would surely probably cover more than what you're asking for in the first place. I guess, but I feel like I might go to jail.
Starting point is 00:35:45 No, no, no, you won't get in trouble. It's me, Joe. By the way, I just have to cover this. His super yacht Aviva was one of the 25 most valuable super yachts in the world and the 51st largest yacht. That's pretty heck and impressive, if you asked me. That's where you talk about illicit shit. Yeah. Oh, man, come on.
Starting point is 00:36:08 The athletic, Jesus Christ, I had so many things highlighted from this fucking website. Well, so here's what happened. So Joe Lewis here, he learned about some promising clinical trial data at Maradi Therapeutics, a pharmaceutical company, through a hedge fund he controlled. He then urged a girlfriend, a personal assistant, and two pilots to buy Maradi shares before the news was published. And in the case of the pilots, lent each of them $500,000 to enable them to acquire more shares. Which fucking rocks. So if you thought we were joking, he, no. And it said, this is from the pilots.
Starting point is 00:36:47 In a text to a friend, the indictment said one of the pilots wrote that he believed that the boss has inside info because otherwise, why would he make us invest? If you're doing insider trading, don't text your buddies and say, hey, the boss has inside info. Yeah, literally saying the boss has inside info. And then when he, when one of the pilots went to pay back Joe Lewis, he put in the memo, like repaying the loan for the stock for like the ticker symbol mx l i or whatever um and then when one of them didn't work he gave he gave them multiple insider tips and when one of them backfired they weren't able to sell quickly enough uh the guy ended up saying to his to his um in an email to his stock broker he said oh i guess the boss you know wasn't quick enough
Starting point is 00:37:39 or something like that or the boss wouldn't lie i don't I don't know what happened. Send a voice memo. They disappear. Or just like, yeah, meet somewhere quiet. I'm trying to pull up the actual thing. Yeah, so the two pilots are also being charged. Patrick O'Connor and Brian Weil with securities rod for making profitable trades on the tips.
Starting point is 00:37:59 Honestly, good for them. And his girlfriend, who was like a Jane Doe at first, they figured out who she was, but she made over $800,000. She made over 110% on one of the things. Also, she's the girlfriend. Couldn't she, why is she doing this? Because, I don't know. If you had a hot young girlfriend, wouldn't you want to give, and you're a 70, 80-year-old billionaire, wouldn't you want to, like, make her happy?
Starting point is 00:38:24 I just love the quote from the U.S. attorney in Manhattan who said, none of this was necessary. Joe Lewis is a wealthy man. Why did you do this, sir? Because there's no way he's going to give these people benefits. That's insane. Yeah. My personal assistant can do insider stock trading or she can have no retirement plan. But apparently, yeah, he was giving out tips.
Starting point is 00:38:48 I think he's got 13, 13 charges against him. And each charge carries like a maximum of 25 years. Basically, he's not going to see any prison time. I mean, isn't he like fucking 92 or something? Yeah, he's so old. But the British over there, those football fans are going through some turmoil because it means it, nobody knows what it means for the Totterham Reds. It's red ball. Tottenham. Tottenham. Hot spurs. Thank you.
Starting point is 00:39:13 It's Hottenham Hot Spurs. What's going to happen to them? He's 86. I do love when they have to have the lawyer come out and make a statement. A lawyer from Mr. Lewis, David Zamow, said prosecutors had made an egregious error in judgment. Yeah. In charging Mr. Lewis, an 86-year-old man of impeccable integrity and prodigious accomplishment. Yeah, okay. He also added that the client had gone to the United States voluntarily, to respond to the charges and plan to fight them in court. Yeah, and he also put up his Aviva yacht.
Starting point is 00:39:45 They put him out on bail of over $300 million. So he put up his planes and his yacht is collateral. But it is funny that so some of these people have clearly had to have ratted on him, right? Yeah, but he was also doing it himself. So that's part of it too. He was using shell companies, like between, 2013 and 2018 to take stakes in companies
Starting point is 00:40:13 without having to disclose them. Yeah, and like disguise the size of his own. Because when you have to, when you take a large stake, in his case, over 20% of a company, you need to disclose to the SEC. Hey, I've taken a big stake in this company. And I don't know why he would try to, try to obscure that,
Starting point is 00:40:32 probably to, I don't know, so no other billionaire could position themselves against him or something. But, uh, yeah. That Mirai or whatever the, what was the company? Marotti. I looked up the ticker. It had gone from, yeah, $20 to well over $200, 10X. Damn, dude.
Starting point is 00:40:51 I mean, good for these people. Yeah, I wish he would tip us off. I wish he would tip us off. I wish I was his girlfriend or helicopter pilot. Carolyn Carter was his girlfriend, 33 years old. Despite being bound by a confidentiality agreement, Lewis allegedly told Carter 33 about the transaction in a luxury hotel room in South Korea where they were staying
Starting point is 00:41:11 about the biotech company. 86 years old. This guy's got a 33-year-old girlfriend. Yeah, good for him. Carter then bought $701,000 of stock in the company. I mean, everybody knows why they're together at that point.
Starting point is 00:41:24 It's like Anna Nicole Smith and that old oil baron that she was plugging. Love? Yeah, well, yeah. Love. What else would it be? Right. Yeah.
Starting point is 00:41:33 It's like Al Pacino's... Oh, yeah, the elder abuse? Oh, geez. Wait, what? People are alleging that it's borderline elder abuse, that woman who got pregnant from Al Pacino. Really? Yeah. Why?
Starting point is 00:41:48 Because she's been known, she's like a known elderly philanderer. Oh, and like she's having his child so she can basically like secure a. Yeah, secure the bag. Oh, I feel so naive. And then Al Pacino is like, oh my God, she's sucking me all so good. I can't say no. I can't do Elkichino. I'm sure he's having a good time. I mean, our whole country runs on elder abuse as we'll get to. Oh, yeah, yeah. We'll get to that too. Oh, man. This woman, though,
Starting point is 00:42:20 had put, this is how much she trusted this guy. She put everything she had into these companies. I mean, if fucking Joe Lewis told me to do it, you go, all right, fuck it. Haven't these people ever heard of call options? Why wouldn't he have them buy call options instead? He's trying to keep it on the up and up. I guess. You mean on the down low? No. No. No. that's the down low because otherwise she'd be making millions of dollars instead of just you know 800,000 I know he's not trying to bring so much attention oh right yeah he's trying to be on the down low no on the up and up it doesn't matter man fuck well we'll never be able to agree on this well the other billionaire who'd unfucked up in a much darker sinister
Starting point is 00:42:59 way I actually have to I tried to look this was it's dark but we're all adults and this is this is this is something that happened this guy was the this guy was uh the head of a very very famous hedge fund called the apollo group his name is leon black he's worth over 10 billion dollars and he has just had a string of bad luck not bad luck i mean this is like he's had a string of fucking up he's getting he's had a string of being an awful yes well so just to just to lay it out there. He's getting sued by a Jane Doe who he horribly raped thanks to Jeffrey Epstein after settling with the U.S. Virgin Islands because of his ties to Epstein for over $60 million. And he's most recently being investigated by the Senate panel for his $158 million in payments over the
Starting point is 00:43:57 course of just under a decade to Jeffrey Epstein. Just to give the old pay pigs. Allegedly protection here you pretty plainly stated Jesus Christ Well what cracks me up is Apollo The group that he was He's their largest shareholder and quote Strongest Supporter Announced in January
Starting point is 00:44:18 An internal investigation They did an internal investigation Into this guy's ties to Jeffrey Epstein Can you guess what their conclusion was? Everything was fine, no ties Yeah absolutely no wrongdoing Wow. They probed over 60,000 documents and interviewed over 20 people found, and they found that his payments to Epstein totaling $158 million from 22.
Starting point is 00:44:42 We're all on the up and up. We're all on the up and up. On the download, they were on the up and up. Black said his relationship only involved professional services that included, quote, estate planning, tax and philanthropic endeavors, as well as occasional meets at Epstein's townhouse to conduct business, as he says, because Epstein didn't have a state. separate office. But, yeah, it's looking like that ain't the case because this woman is saying that he raped her. It's a pretty awful story. I mean, you're also leaving out the fact that I believe she's developmentally disabled.
Starting point is 00:45:21 Yes, so this is from the legal docket. Ms. Doe is autistic and was born with Mosaic Down syndrome, a rare condition where only some of the body's cells contain. an extra chromosome in contrast to an individual with typical Down syndrome who is born with an extra chromosome in every cell. As a result, she doesn't appear physically or outwardly different from a neurotypical individual. She suffers from many of the same neurological disabilities and health issues that are tragically common among individuals with Down syndrome. Whew.
Starting point is 00:45:57 Yeah. Jeez. this guy is uh pretty bad he is pretty bad i mean as far as bad goes he's pretty shitty guy we can move on from leon i think well i just well just because it's feels bad i know it's gnarly but i'm saying it's still it's part of the thing that the senate is coming after him for is saying that because it's one thing that, okay, Leon Black says, well, Epstein, yeah, I paid him all these things because he helped me avoid one to two billion dollars in taxes. And so part of this Senate probe is they're looking at ways that the elite class avoid taxes. And this is one of their things. And they said, and I quote,
Starting point is 00:46:57 Yeah, the firm that, okay, so here we go. The review, there was a review conducted by law firm, Deckert LLP, and filed to the SEC in 2021, found that Black paid Epstein $158 million between 2012 and 2017. Witnesses told the firm that Epstein had helped Black solve a potential estate planning problem that could have resulted in a tax liability of a billion dollars or more if left unresolved. The firm also reported.
Starting point is 00:47:26 We wouldn't want them to pay a billion. You wouldn't want to pay, I mean, could you blame the guy? Poor guy. The firm also reported that Epstein provided additional tax advice to Black that he estimated had saved $600 million in value. As a result of Epstein's work, Black believed, and witnesses generally agreed, that Epstein provided advice that conferred more than a billion and as much as two billion or more in value to Black.
Starting point is 00:47:52 But the chairman of this committee. has not heard a sufficient reason for why Epstein was, quote, paid amounts vastly exceeding that paid to other attorneys and accountants involved in these transactions, and why he was willing to pay Epstein over $100 million without a written services agreement or contract. Because he's a gentleman. That's what gentlemen do, all right. It's a handshake deal. That's right. That's exactly right. He's, this Leon Black is also, they're asserting that the legal, the legal firm representing Jane Doe is just basically out. to get him and that this is all just a frivolous lawsuit and they're just money hungry and
Starting point is 00:48:32 of course of course they are man this guy's on the on the was on the head of the board at moma donated tens of millions of dollars he's got an entire like wing named after him yeah if you're going to pay millions of dollars you better you better get a tax deductible charity charity tax deduction well and then he went on to donate 200 million dollars to like a victim's fund saying I'm sorry, I didn't mean to, I didn't mean to work with Mr. Epstein. So, here, does this make it feel better? No, it doesn't, sir. Also, it is, it is a very astute that they point out that no other tax person.
Starting point is 00:49:09 Because if that were the case, if you could save a billionaire, a billion dollars, fuck, I'd be a tax attorney. If I'm making $160 million, just for that, thank you, that pound on the head. Yeah, nice work if you can get it, huh? Yeah, no kidding. You don't pay him that much. No fucking way. It was for, uh, it was for the, um, it was for the, um, nasty stuff that he's doing with the nasty stuff diddling kids there's also there's an article in
Starting point is 00:49:32 it might have came out last week or this week but about how how power uh melt your brain and you know makes it harder for you to have empathy and all this stuff you should what is it called just so if i'm gonna power rots the brain no it's um power is good and here is why yeah i can't find it i had it up here well power causes brain damage from the atlantic um which basically i mean as we combed through it it basically goes on to describe psychopathy right they have a harder time experiencing empathy and all those things so like sometimes you see you know we often throw the word sicko around when we're reporting talking about some of this
Starting point is 00:50:20 stuff that's right so what do you feel like cover next old buddy old pal do you want to cover the climate stuff should we skip meta oh sure skip meta i mean all we were going to talk about is how they more than half of the yeah meta's having a hard time getting people to stick around on threads but they've got plans they've got plans i mean they had a huge drop off it was uh yeah more than half of their users left but they're going to be instituting all kinds of different features that is going to get people to stick around. Yeah. We'll see.
Starting point is 00:50:55 You want to talk about climate change or should we do Mitch McConnell and Diane Feinstein? Let's close with the Mitch McConnell stuff. Okay, we'll close with that. Diane Feinstein stuff. Stick around. We're going to be talking about that. But yeah, if you're in the world, you might have noticed that. Notice what?
Starting point is 00:51:09 What's going on? It's been pretty hot. Hey, I'm in the world. Have you noticed that? It's bad. It do be hot. I'm sweating right now. And the news is full of different headlines.
Starting point is 00:51:20 Earth reaches hottest four days, hottest days ever recorded four days in a row. Florida ocean temperatures topping 100 experts warn of damage to marine life. It's so hot in Arizona doctors are treating a spike of patients who were burned by falling on the ground. Searing Arizona heat wave that's delivered 110 degrees, 100 to 10 degrees Fahrenheit weather for 30 days straight kills off states iconic cactuses as locals bake cookies in cars and complaint of melting roads. Why are you going to bake a cookie in a car? I think they're trying to have fun with it. Did you see the people, did you see the park rangers in Death Valley?
Starting point is 00:51:55 Yeah, taking a picture next to the. But they're all dressed in, they're all dressed in winter clothes. They've got like puffer jackets on. Why? Why would they do that? The same reason you would bake cars in your cookies, I think. Cars in your cookie? Don't.
Starting point is 00:52:08 Wow, what a fucking moron. Wow, all this power is corrupting your brain. The living, breathing example right here of what happens. absolute power corrupts no no they're having a they're having a bit of fun in right they're what is it called death valley yeah but the the earth is getting hot and it's crazy because you know now you're seeing actual actually you know before we get to that i want to talk so biden came out with he's got um he's directing the department of labor yeah to issue a hazard alert for dangerous conditions in industries like agriculture and construction right and he's also
Starting point is 00:52:48 he's got highlighting $152 million for water storage and pipelines for drought-stricken communities in Western States and $7 million for improving weather forecasts. You know, people in like the mayor of Phoenix, Kate Gallego, you know, clearly thinks it's not enough. He needs to do more to make it so they can enable cities like Hers to tap into more FEMA funding. Right. And, you know, climate activists obviously want him to go further. then there's there's the most
Starting point is 00:53:16 the Texas thing punitive state in the country as Texas swelters local rules requiring water breaks for construction workers will soon be nullified this is fucking insane yeah so it's house bill 2127 and it was passed by the Texas legislature during their regular session this year Abbott signed it into law Tuesday it'll go to effect on September 1st it's important to note
Starting point is 00:53:40 Texas is the state where the most workers die from high temperatures. Government data shows, okay? And so in a week when parts of the state are getting triple-digit temperature and weather officials urged Texans to stay cool and hydrated, Governor Greg Abbott gave final approval to a law that will eliminate local rules mandating water breaks for construction workers. Well, hold on, man. It's finally time that big government gets out of the way. Well, yeah. Here's this guy, Jeffrey Tahuahua, the president of Associated Builders and Contractors of Texas. He thinks that local rules impose a rigid scheme.
Starting point is 00:54:15 That, like, unlike OSHA guidelines, does not allow the flexibility needed to tailor breaks to individual job site conditions. They try to make one-size-fits-all, he says, and that is not how it should work. These ordinances just add confusion and encourage people to do the minimum instead of doing the right thing. Unbelievable. You know who disagreed to that? If I see one lazy motherfucker taking a water break. Once every four hours for 10 minutes. Back to work.
Starting point is 00:54:43 Shit fucker. Once every four hours for 10 minutes. What is this? A freaking water park? No, it's a construction site. You quit your belly ache in. You know who disagreed with him, though? David Michaels, who was head of OSHA from 2009 to 2017.
Starting point is 00:55:03 He said, under OSHA law, it is employers who are responsible to make sure workers are safe. and we have compelling evidence that they are doing a very poor job because many workers are injured on the job, especially in Texas. He pointed out that OSHA does not have a national standard for heat-related illnesses and issue citations only for overexposure to heat after an injury or death, but not before that occurs. He said the better solution would be to have a national standard, but since we do not, local ordinances like the one they just signed out of law
Starting point is 00:55:36 are very important for saving lives, he said. Prohibiting these laws will result in workers being severely hurt or killed. Right. It also made it so other cities won't be able to pass similar laws too. Really fun way to treat people. Yeah. You know, as the planet continues to rapidly heat. But yeah, those aren't the only industries that will be affected. Travel is a big one. And all the all the richy riches are coming out to lament the fact that that European travel is going to is going to be such a bummer now.
Starting point is 00:56:15 It's dangerous. I remember a couple years ago there were some flights in Arizona that were fully canceled because of the heat. And I believe if memory serves, it's because the density of hot air you cannot, the airplane can't get enough lift so it's dangerous. Not only that, but you've got Oh, yeah, yeah, yeah, but...
Starting point is 00:56:35 Infrastructure itself, melting, buckling. And they'll need longer, they'll need longer runways to come off because of that, yeah. Right, so the planes are having a hard time. There was a... Won't someone think of the planes? No, air travel's having hard time, but there was a flight from Las Vegas to Atlanta that ended up sitting on, just baking on the runway for three hours. That sucks. Without AC, right?
Starting point is 00:56:59 Honestly, just reading about this, I was like, I would have a panic attack. I would freak the fuck out. I would definitely, I would pull one of those, that guy back there's not even real. Oh, yeah, yeah, yeah, yeah, get me off, that guy's not real. The ordeal lasted nearly three hours with paramedics boarding the plane to wheel out, three people who had fallen ill, a passenger and producer for Fox News right on Twitter. I would just be like, I'm dying, Tio, you got to pull me out. Yeah.
Starting point is 00:57:26 I couldn't do it. These fucking, it's crazy that when you're going 500 miles an hour and you're bopping around up there you can get up and walk around but god forbid when they're chilling on the ground oh yeah you're not going five miles an hour it's like sit down buckle up please be careful anything could happen shut the fuck up but delta delta did the right thing they took care of everyone they gave everyone 20,000 sky miles are you serious that's what they did that's not bad i'm still waiting that's worth like 20 000 that's worth 200 dollars it yeah they they they still owe me. I'm waiting for them to take care
Starting point is 00:58:04 of my thing when I was supposed to fly Delta 1 to New York City and instead they stuck me in coach with the other pores don't. I used my miles to fly and I did not get the product that I paid for and I
Starting point is 00:58:20 they gave me $500 cash. That is not sufficient. That doesn't even cover the cost of a run trip ticket and coach let alone Delta 1 fucker. God, I forgot about how big the press you are about hear travel listen if i save up and i put in the effort to accumulate miles and then i put those hard-earned miles to work i expect to get what i pay for period yeah i'm a bitch and clip that
Starting point is 00:58:44 we got them folks bring them in all right let's talk about mitchie we didn't even get to the oh yeah here it's give me give me to the good part so the uh so apparently and now everyone who went who is doing their their summer travel in Europe is just having an absolute horrible time because it's unbearably hot. And they're talking about, so, I mean, this is- And Europeans don't believe in air conditioning. That's not true. Actually, they talked about how-
Starting point is 00:59:14 A lot of them don't. What do you mean, don't believe in it? Like in Paris, they just don't have fucking air conditioning. That doesn't mean they don't believe in it. No, they don't believe in it. Oh, okay, for sure. That's why they don't use it. Go on.
Starting point is 00:59:25 But that's what they're talking about how, you know, now that this is happening, they're starting to invest more in air conditioning because it's just absolutely impossible. but this is from Bloomberg, the death of summer, New York Times, Stockholm instead of Rome, October, instead of July, how heat waves are changing tourism in Europe, the financial times is getting in on it. How will climate change affect the holiday map? They're talking about just how fucking everyone is going to be, you know, summer just as we know it is changing. And God, I think it fucking sucks, though, that imagine you can't catch me going to, I'm not going to fucking fucking. I'm not going anywhere over the summer. Kid me is stupid. What a dumb time to go to Europe.
Starting point is 01:00:06 I'm not going to Scandinavia or northern Europe. I'd rather be sitting on a beach 130 degrees with southern Europeans than northern Europeans. Okay. So just a little racist, but I don't know how. I don't know how it is, but I know it is. Just a little bit of racist. They don't know. There's no host.
Starting point is 01:00:26 Everyone. There's no hospitality in northern Europe. The Dutch specifically? All of them. Well, the Dutch don't want you there. The Dutch, it's, I mean, you guys all remember the viral. It's because you're not Aryan, dude. Of course they don't like it.
Starting point is 01:00:42 It's because I'm dark. They're treating me like this. Yeah, you got dark hair and dark eyes. The viral tweet about the fucking not sharing dinner with guests and that kind of thing in Norway. Oh, yeah. Oh, yeah. Yeah. They don't offer it.
Starting point is 01:00:56 Yeah, that's right. Good luck, yeah. Well, why would I feed you? And I still have flashbacks from. trying to go to restaurants in Amsterdam. Yeah, where you sit down and they just... Good luck going to a beach in Norway. Trying to move a chair on the beach.
Starting point is 01:01:12 It's like a black sand beach. Is it possible? Can I bring these over to my friends? It is not. It is not possible. No. Fuck. That's the other thing about Europeans who have English as a second language.
Starting point is 01:01:22 They don't use contractions. I cannot. I will not. This is not. This is not something that is possible. We cannot do this. okay yeah apparently
Starting point is 01:01:33 you cannot use a fucking apostrophe and contract the word couldn't catch me I'll be sitting in I'll be roasting yeah in Italy
Starting point is 01:01:47 yeah before I ever step foot no I'll go back yeah I'll go back too is there anything else you wanted to touch with this or should we get on a little people
Starting point is 01:01:55 yeah we're getting no it's cool we like a long episode don't we folks tell us in the comments if you're still sticking around If you've been living under a rock, say hello to the bugs, as we know, you're supposed to do when you are living under a rock. But old Mitch McConnell, old turtle boy himself, had a bit of a moment last week where he just completely froze.
Starting point is 01:02:17 He's 81 years old, and here we go. Look at this. He's just at the podium. He just fully stops and freezes. Wait, do you have volume on that? He's got it, but it's just a, it is a low volume thing. He sits there for a solid 20, 30 seconds just staring. And you know what I think, man? Let's look at this. Let's examine this closely. That is the face of a man who has let one out and accidentally shit himself.
Starting point is 01:02:46 That's what he did. He didn't have a stroke, as most people think, because he left and came right back and was like, yeah, I'm fine. It's because he shit himself. No, a stroke, you'd be going to the hospital, and they don't. fuck around with that. Didn't he end up going to the hospital? To clean out his diaper, probably. I have no idea what, I have
Starting point is 01:03:08 no idea what happens with this man. But I found this one even worse. I mean, I don't know if you saw Diane. Yeah, I got it here. Let's pull it up. You might have to put the volume on for this one. Okay, here we go. This is, what were they voting on? Okay, so this is, I believe this is defense
Starting point is 01:03:24 spending. So very important stuff. And, I mean, just watch. She has no idea where she is. She's the frail skeleton here in the green pantsuit. She just cannot catch on to the fact that people are trying to help her out and get her out of the situation. Okay, here we go.
Starting point is 01:03:42 Watch. I say, I. Pardon me? Yeah. I would like to support a yes vote on this. It provides 823 billion
Starting point is 01:04:01 That's an increase of 26 billion When all she has to say is I Wait, did you start? Yeah, yeah. And it funds priorities submitted. He's going, just say I.
Starting point is 01:04:14 Just say I. Okay, just I. I. Thank you. Oh, gosh. Let her die. Somebody.
Starting point is 01:04:26 Don't let her retire. Let her fucking go on. Yeah, you know, I heard. I heard that there's a staircase somewhere in the Capitol building that needs to be mopped. And I think that she should oversee it by herself to make sure that that mop is, that that floor is shiny at the top of those stairs. I don't like this joke. If you know what I mean. You do it every time you talk about her.
Starting point is 01:04:53 I'm just talking about cleaning the top of some stairs. But then when Mitch McConnell comes on you, you're just like, he shit himself. That's funny. Well, yeah, because that is also funny. You're like, I want her dead. I think that he should be there to help oversee this stairs getting mopped. What's he doing? Making himself useful.
Starting point is 01:05:13 You should be there to make sure that the people are cleaning the stairs and making sure that everything is hunky-dory at the top of those stairs. That they're shiny and good and clean for all to use. For all to use. The other thing that I wanted. Been wishing death on. old ladies I'm sorry you don't
Starting point is 01:05:34 wish death on her I mean okay what do you wish on her I truly said just let her retire let her go home I don't say the reason that I'm talking about the cracks her head open
Starting point is 01:05:45 on marble listen a lot of things can happen if someone slips downstairs it doesn't necessarily mean death it just means oh now she's got to retire because my point is that that's the only thing at this point that can get this woman to stop serving us the people so bravely.
Starting point is 01:06:04 Sure. But as we were saying before, I genuinely think this is elder abuse. All these lawmakers, Joe Biden, I think like what we're doing here is absolutely disgusting. I don't even think that it's elder abuse because I think that these people are the ones who are fighting to stay in power. It is not, they're the ones abusing us. Don't let them gas like you. Also, speaking of climate change, I mean, this is the same lady who had the viral video where the... She yells at the children.
Starting point is 01:06:28 Yeah, I don't know if she yells at them, but yeah. She basically looks like, you don't know what you're doing. Yeah. Get the fuck out of here. They're fifth graders. Yeah. Which honestly makes me sometimes, I don't know. Sometimes I'm like, are coming around on the stairs now?
Starting point is 01:06:42 No. I'm just like, is everyone who's not, like, I don't know if you saw the, the woman disrupted Biden's press secretary's event to ask her about climate pledges and that kind of thing. and then it was like the climate climate defiance group what about him interrupted his fundraiser tried to set it down to be like what the fuck are you doing or destroying the planet
Starting point is 01:07:09 well no I'm just like is everyone just kind of insane for not that's what everyone should be doing I think otherwise we're all just going I don't know it's not so bad I guess well you could you could drive a Tesla right does that you're still burning fossil fuels
Starting point is 01:07:24 and a lot of people are saying that's you know the way they're made and everything it's just as bad as... No, I know. I fully agree with you. Oh. Yeah. The answer is public transportation and fucking bikes.
Starting point is 01:07:34 People are very touchy about it. It's... Oh, it's incredibly frustrating. You know, we got to be more like the Chinese and just have a more collective, greater good mindset and attitude. That's how the Chinese were able to lift 800 million people out of poverty. And the East will rise again.
Starting point is 01:07:56 Linking it back. to the Chinese. Oh, man, we love the Chinese. We love the Chinese here. I just really, I mean, should we touch on, should we just give them a longer episode with like two more minutes here?
Starting point is 01:08:08 Yeah, there's no one. It's basically Tesla is added again. And they, for years, have been exaggerating their vehicles driving distance by rigging their range estimating software. And, uh, weather has a lot to do with it.
Starting point is 01:08:26 So like, if it's too cold, if it's too hot, it'll fuck it up. But basically, it would start on a full charge. It would show that they have a really promising rosy projection for the distance that could be traveled. But then when the battery fell below 15%, 50% of its maximum charge, the algorithm would show drivers more realistic projections
Starting point is 01:08:45 for their remaining driving range. But... Have you seen videos of people who in extreme climate can't... So when it gets too hot, they can't... Yeah, it just doesn't work. They can't get into the car. Yeah. it's insane pretty cool like we're all just going to move over to electric cars and then it's
Starting point is 01:09:02 going to be too hot to even use it you can't even use a key you got to use like a hotel card because it's got to be cool it's got to have more shit that could potentially break and guess what it does right uh south korean regulators find tesla earlier this year finding that the cars delivered as little as half of their advertised range in cold weather and another recent study found that three... Elon lying about the range of the Tesla, I don't believe that. I know, I know. It's not him, though, probably.
Starting point is 01:09:30 But another recent study found that three Tesla models averaged 26% below their advertised ranges. But the biggest thing here, let me scroll down to it. So last year, as we all know by now, their vehicle sales have absolutely surged. As they've lowered the prices. Yeah. So as sales grew, so did demand for service. appointments. Shit goes wrong. You sell more cars, you can have more shit going wrong. The weight for an available booking was sometimes a month. And so Tesla tells people to book
Starting point is 01:10:06 appointments through a phone app, I guess. Like, hey, just go through the app. And the company found that many problems could be handled by its virtual service teams who can remotely diagnose and fix various issues. So these supervisors told some virtual team members to steer customers away from bringing their cars into service whenever possible. And one current Tesla virtual service advisor describes part of his job on his LinkedIn profile as, quote, diverting customers who do not require in-person service.
Starting point is 01:10:36 He's doing it that often that that's part of his job description is just diverting people. So not only that, but they, they had to create, Tesla had to create an entire Las Vegas diversion team just to handle range cases. Jesus Christ.
Starting point is 01:10:53 An entire team, just for people who are experiencing problems. And this article from Reuters, it describes the office atmosphere resembling that of a telemarketer boiler room. A supervisor had purchased a metallophone, a xylophone with metal keys that employees struck to celebrate appointment cancellations. Their whole task was like getting people to cancel and they encourage people like, yeah, there's one guy. Okay, here it is. where is it here he is where is he
Starting point is 01:11:26 this guy Alexandre Ponson he had to stop on this road trip to charge his Model 3 about a dozen times and he was concerned that something was wrong
Starting point is 01:11:36 so he called and texted with several Tesla representatives one of them booked the first available appointment in Santa Clara but advised him to show up to a Tesla service center as soon as he arrived
Starting point is 01:11:47 in California he soon received a text saying that remote diagnostics had shown his battery is in good health. We would like you to cancel your visit for now if you have no other concerns. The text said, and he said, of course I still have concerns. The next day, he received another text asking him to cancel the appointment. So then he actually brought it in. And within 10 minutes, without even looking at the car, they just said, yeah, it didn't.
Starting point is 01:12:12 It looks fine. You're totally fine. You can get out of here. Dude, it turns out they might not run on gas, but they do run on. Gaslighting. Damn. That's really good. Wow.
Starting point is 01:12:28 They, they are fully gaslighting their entire customer base. Well, I guess that should wrap it up, huh? I skipped a lot of things out of that article, but who fucking cares? I got a pee so bad. All right. Coming up in the bonus. Coming up in the bonus, Ben is going to give. his review of Barbie.
Starting point is 01:12:53 I won't hold anything back. Is that true? Yeah, no, I won't hold anything back. I'm going to give it to you guys. If you didn't like what I had to say about Barbie. Yeah, you're going to hate what I have to say. It's going to get controversial. No.
Starting point is 01:13:06 No, not at all. It sounds like whatever. We'll talk about it in the bonus. We're also going to talk about coin boys. Oh, we got to talk about the coin boys. We got to talk about, uh, coin boys. That Japanese guy who turned him. himself into a dog.
Starting point is 01:13:21 Yeah. Yeah. And some other things. Among other things. There's always other things. You really never know what's going to happen. Yeah, we really don't. This whole place could catch on fire.
Starting point is 01:13:32 We could get it. We could film an earthquake happening. We might capture an earthquake. I really hope that neither of any of those things, none of those things happen. Okay. I hope one of them does happen eventually. Not the fire, but like the earthquake, because that'd be pretty cool to capture on on video here.
Starting point is 01:13:47 No. Those guys who were recording. their podcast in like a diner and then a car crashes into them huge well who are those guys i don't know exactly fuck good point you don't want to be the natural disaster guys no that's true let that be a lesson all right well we'll see you there patreon dot com slash pay pigs pod thanks everybody bye

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