The Daily Zeitgeist - Hi-Diddly-Ho, Trenderino! 3/19: Iran, Markwayne Mullin, Cesar Chavez, Real Estate Tokenization
Episode Date: March 19, 2026In this edition of Hi-Diddly-Ho, Trenderino!, Jack and Miles discuss the war in Iran, Markwayne Mullin's confirmation hearing, United Farm Workers union cancelling Cesar Chavez events due to new revel...ations, Forbes' real estate tokenization' boner and much more!See omnystudio.com/listener for privacy information.
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This is an I-Heart podcast.
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I'm Bailey Taylor, and this is It Girl.
This podcast is all about going deeper with the women's shaping culture right now.
Yes, we will talk about the style and the success,
but we are also talking about the pressure, the expectations,
and the real work behind it all.
As a woman in the industry, you're always underestimated.
So you have to work extra hard in a way that doesn't compromise who you are in your integrity.
You know, I like to say I was kind of like a silent ninja.
Listen to It Girl with Bailey Taylor on the Iheart Radio app, Apple Podcasts, or wherever you get your podcasts.
Hi, it's Joe Interesting, host of the Spirit Daughter podcast where we talk about astrology, natal charts, and how to step into your most vibrant life.
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I'm Nancy Glass, host of the Burden of Guilt Season 2 podcast.
This is a story about a horrendous lie that destroyed two families.
Late one night, Bobby Gumpright became the victim of a random crime.
The perpetrator was sentenced to 99 years.
until a confession changed everything.
I was a monster.
Listen to Burden of Guilt Season 2 on the IHeart Radio app,
Apple Podcasts, or wherever you get your podcasts.
Good people. What's up? What's up? It's Questlove.
So recently, I had the incredible opportunity to have a real conversation
with an actress and producer, Jamie Lee Curtis,
from routines to recovery, true lies, and a certain Jermaine Jackson music video.
Jamie's surreal and raw.
and something I really admire about her.
I am so happy that I'm the head bitch in charge at 67,
that I have the perspective that I have at my age,
to really be able to put all of this into context.
Listen to the Questlove show on the Iheart radio app, Apple Podcasts,
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including the story of the woman who last participated in a Formula One race weekend,
the recent uptick in F-1 romance novels,
and plenty of mishap scandals and sagas that have made Formula One
a delightful, decadent dumpster fire for more than 75 years.
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or wherever you get your podcasts.
Hello, the Internet, and welcome to this episode.
of Hattie Hell
Trendorino
that one courtesy
of Snarkula
on the Discord
we got
we got a Simpsons
Icons episode
coming up on Monday
Oh
that's what that was in reference to
but did we tell people
to the people know
yeah I usually say
what we got coming up
at the end of the previous
icons episode
Oh okay
okay
because I listen all the way through
every time
as do I
anytime I'm out
I listened to the whole episode.
Got two, mister.
You got two.
The, yeah, I was saying that we did cryptos,
two tiny cryptids in a row and we're going for a third because Bart Simpson essentially
a cryptid.
That's not true.
No.
No.
A real boy.
A real boy.
I couldn't find any sightings, any people who claimed to have cited or been abducted by
Bart Simpson.
Imagine what like an organic Bart Simpson would look like.
if it were encrypted, you know, like,
it would be some humanoid.
Because you always see people do like,
they're like,
they're real people.
I'm like,
yeah,
yeah,
sure.
But like,
truly like a thing with like a jagged head top.
Yeah.
You know,
because he doesn't have like,
I mean,
he has implied hair.
But I just like the idea of like a sawtooth skull at the top.
And I just like,
his head,
like,
do we think the spikes are soft?
Do we think like they're,
they get soft?
Well,
wasn't there like that funny x-ray picture of Bart?
And it's like,
it's like it's his bone too.
Like a dinosaur's bone structure.
Anyways, it's a fun episode.
You can check that out on Monday.
My name is Jack O'Brien.
That over there is Mr. Miles Gray.
Yay.
This is the episode where we tell you what is trending on this Thursday, March 19th.
War in Iran.
Is that right?
Yeah, that's right.
All over.
Good buddy.
War in Iran still.
still raging out of control,
still the U.S.
not really admitting that they're losing,
like they still haven't admitted
what happened to the three fighter jets.
Yeah, yeah, yeah.
The ones that they're like, these are
unshoot-downable, like these are invincible fighter.
Oh, three of them gone on the same day.
I think the latest explanation is
like my favorite JFK conspiracy theory.
I think his head just did that.
They're basically just like, yeah, I don't know.
Sometimes fighter jets just fall out of the sky, man.
Like, why?
Do they?
Yeah.
Like, they just, that happened.
Okay?
And nobody, there's no real cause.
Stop poking around.
Certainly didn't do this to us because that would be a sign of weakness.
We didn't do it to ourselves because that would be a sign of weakness.
Sometimes a fighter jet just like kind of.
Flops down to the ground.
Kids are old falls out of the sky and we all just, you know, we have to we have to wish them
a fond farewell as they go live with a nice gay couple on a farm upstate.
Did you see like all the, there was something like although there's like a ton of Reaper drone,
like 12, like a dozen Reaper drones have been destroyed in this fucking war.
They each cost $16 million a piece.
Like I think every headline should really be calculating what the cost is of all this shit to.
Two Americans.
Yeah, yeah.
Because they're about to ask for more money.
You know what I mean?
And you're like, no, no, no, fuck all that.
Fuck all this.
Because I think more people really need to connect that the reason we don't, I mean,
I think people do on a sort of broader scale, but I think it could really be hammered home.
Like, they just lost $12, $16 million toys apiece.
Ah, that's not good.
They're murdering innocent children with your money.
Congratulations.
Congratulations.
Congratulations.
Congratulations.
You've murdered innocence with your own tax money.
Congratulations.
You've won an iPod.
But Pete Hagsath made this very clear to his 13-year-old son.
Yeah.
Do you think he really said this line?
I don't know.
This is what he said.
So he was giving remarks at the Pentagon or the five-sided war cube or whatever they're
going to call it now.
He said, quote, my 13-year-old son popped into my office last night while I was editing these remarks.
He asked about the war and the families I met at Dover.
You know, like the dignified transfer takes place.
Yeah.
And I looked at him and I said, they died for you, son, so that your generation doesn't have to deal with a nuclear Iran.
Cool, dad.
That's crazy.
Because my generation.
I'm going to go kill myself.
Yeah.
Thanks for that.
Thanks.
Oh, that's for, they died for me.
For me.
So I don't have to deal with a nuclear Iran.
I'm sorry, are you dealing with a nuclear Iran?
Right.
Was anyone ever dealing with a nuclear Iran?
Hmm.
Yeah, debatable.
I'm going to direct those questions.
I need your Pentagon press credentials, son.
You're not allowed to talk to me like that.
You got Trump derangement syndrome asshole.
Get out of here.
But dad, didn't you remember you came home and you said you destroyed all their nuclear
capabilities last summer?
Last summer.
They built it back already, really good.
All right.
Yeah, very, I mean, I mean, I don't.
They sound really tenacious, like the type of people you wouldn't want to get into a ground war with.
Yeah, yeah, yeah.
Because there's also a rumor now, and I don't know, like, there's so many headlines that come out that, like, feel like bluster.
But there's also a report that it, that the administration is considering deploying thousands of troops now on the ground.
but it just feels so much like everything that happens.
It's like, oh, you better not.
You better not.
And then they do.
And they're like, well, I didn't think you were going to do.
Oh.
Yeah.
It feels like the, I mean, this just happened with the Israel strike on Iran's South Pars gas field that everybody's like, this is a massive escalation of a war that, you know, the U.S.
at least was saying that they wanted to like start scaling back from and declaring victory on.
And, you know, that's prompted retaliatory attacks on energy facilities, including in Qatar, and everyone's like, what the fuck are you doing here?
Yeah.
It seems like you're making the war worse.
But this is, it has the same exact energy as what we've been kind of seeing from Israel and the U.S.
since the genocide in Gaza began.
like that they will do something horrible
and then just like
fuck boy energy.
Just be like,
nah,
it wasn't me,
babe.
And then wait for things to calm down
before like doing another one.
Yeah.
Or like I also believe or maybe
like this is where Trump
like many other people realized
or I think maybe previous administrations
I realized like then Yahoo's going to do whatever the fuck he wants.
Yeah.
The second you buy in he's going to he's going to use that.
What are you going to do?
What are you going to do?
What are you going to do?
We're in this together.
All right.
So I'm going after like.
energy infrastructure and taking this thing way, way further than even you thought.
And a lot of analysts were saying they're like, the thing that may actually end up causing
Trump to break from Netanyahu is Trump's inability to have to like own all of the failures of
this war.
And if he can just make Netanyahu the scapegoat and be like, he went way too far.
This is not what we agreed to do.
And now he's on his own.
Yeah.
I don't, I don't see that happening since no one will align with the U.S.
Right. The two things we're hearing about this attack is one, multiple outlets have reported that Trump approved Israel's plan to attack South Pars and was coordinated between the Israeli prime minister's office and the White House. And the other one is Trump coming out on truth social being like, what the fuck was this? I have no idea what's going on. This guy's out of control. No more attacks will be made by Israel.
Yeah.
So it does seem like maybe he's setting it up as like, wasn't me, which, but that, like, again, that is like the Biden administration during the genocide in Gaza where it's just they keep coming out and being like, I am T-O'd, man.
Like, this is not what I wanted at all.
But then behind closed doors, they're just like, yeah, yeah, let it cook.
Do whatever you got to.
But I think this is the difficult part, right, is because any escalation.
Like Iran knows, well, we're just going to turn the screws up on your Gulf allies.
Right.
Drive a wedge between y'all there.
Right.
And so this attack in Qatar, I think, is another moment where Trump has to figure out how he manages.
Like, he's like, you know, I'm sure all these Gulf states are like, dude, what the fuck?
Man, you granted us like protection.
What the fuck is going on?
But I think that's where also Trump realizes that the reprisals that come from these attacks also make it even make his coalition of,
of willing governments even more, like it weakens it.
And causes more financial chaos too, because hitting that,
hitting that facility in Qatar, all of these things end up affecting the price of energy.
And you're seeing the fallout across.
I've seen like, like, you know, pictures of on the internet where like gas prices are
shooting up everywhere.
You know what I mean?
And like, we're talking about our own gas prices, but it's, it's a global thing.
And I think those are all becoming pressure points that Trump has to at least hear when his
people are like, hey, this country's asking what the fuck's going on? What are we going to do?
Right now, Estonia, I think, is like the one country is like, we could help with demining,
maybe in the straight, but they're like, but only if there's a ceasefire.
Right. So, you know, we're not, we're not fighting. We're not getting involved with this.
So, I don't know. It's, I'm sure Trump's got a lot of weird, with all the deals he's been
making, too, with these Gulf states, like on the side. I don't know what kind of other money deals
end up becoming, you know, threatened by all of this.
But he will continue to just say,
I will make promises like no more attacks will be made by Israel
pertaining to this extremely important and valuable South Pars field
unless Iran unwisely decides to attack a very innocent,
in this case, Qatar, in which it says I will,
it's just, it's hard to follow what you will or won't do,
but it's clear that.
He has no chips, but we have no winning hand here.
Yeah, yeah.
the, it is, like, just the whole, it just feels like we are where you land with an institution that has no consequences.
Like the thing, the things that are supposed to be checks on the power of the government and the military, like the executive branch of the military, have been removed.
And it's kind of making me, like, all those military actions and, like, wars that the U.S. was doing in the 80s and 90s, like, invading Panama and, like, invading Iraq.
and like at the time people were like there's a chance to like blast off some bang
bangs and make George H.W. Bush feel like
tough or whatever.
Right.
But I also feel like it was like the raptors testing the fences that they were like seeing
that you could just get away with like aggressive unilateral wars.
And like the not only like could you do it,
but you could do it without any real blowback from like Congress or the media.
Yeah, yeah, yeah.
And now they know the fences are off.
and they're just like, damn, I told Israel not to do that, babe.
Anyways, what's on TV?
Because, yeah, we've, ever since 9-11, it's become, it's just exponentially gotten worse.
Yeah.
You know, the lack of breaks that you can apply to a president's decision-making.
And now it's like this very personalistic foreign policy where it's more like,
what do I personally want to do?
Yeah.
Not what is, what's the information I'm getting that would, you know, help make any kind of
even keeled decision.
It's like, no, what do I want to do?
And I think because of that, that it's not like, well, what do I want to do is sort of like
the default for a president that, yeah, it's like what the fuck is an expert if it's always
at the, you know, we're always beholden to whatever the president wants to do.
Yeah.
Let's take a quick break.
We'll come back.
We'll talk Mark Quain.
We'll talk about crypto bro landlords.
I'll be right back.
I got to pay my bro landlord.
I'm Bailey Taylor.
And this is I,
girl. You may know me from my it girl series I've done on the streets of New York over the years.
Well, I've got good news. I am bringing those interviews and many more to this podcast.
Yes, we will talk about the style and the success, but we are also talking about the pressure,
the expectations, and the real work with the women's shaping culture right now.
As a woman in the industry, you're always underestimated. So you have to work extra hard,
and you have to push the narrative in a way that doesn't compromise who you are in your integrity.
You know, I like to say I was kind of like a silent ninja.
Each week, I have unfiltered conversations with female founders, creatives, and leaders to talk about ambition, visibility, and what it really takes to build something meaningful in the public eye.
Because being an it girl isn't about the spotlight, it's about owning it.
I think the negatives need to be discussed and they need to be told to people who maybe don't do this every day just so they know what's really going on.
I feel like pulling the curtain back is important.
Listen to It Girl with Bailey Taylor on the IHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Hi, this is Joe Winterstein, host of the Spirit Daughter podcast, where we talk about astrology,
natal charts, and how to step into your most vibrant life.
And I just sat down with a mini driver.
The Irish traveler said when I was 16, you're going to have a terrible time with men.
Actor, storyteller, and unapologetic, Aquarian visionary.
Aquarius is all about freedom-loving and different perspectives.
and I find a lot of people with strong placements in Aquarius are misunderstood.
A son and Venus in Aquarius in her seventh house spark her unconventional approach to partnership.
He really has taught me to embrace people sleeping in different rooms, on different houses and different places,
but just an embracing of the isness of it all.
If you're navigating your own transformation or just want a chartside view into how a leading artist integrates astrology, creativity, and real life,
This episode is a must listen.
Listen to the Spirit Daughter podcast starting on February 24th on the IHeart Radio app, Apple Podcasts, or wherever you listen to your podcast.
I'm Nancy Glass, host of the Burden of Guilt Season 2 podcast.
This is a story about a horrendous lie that destroyed two families.
Late one night, Bobby Gumpright became the victim of a random crime.
He pulls the gun.
tells me to lie down on the ground.
He identified Jermaine Hudson as the perpetrator.
Germain was sentenced to 99 years.
I'm like, Lord, this can't be real.
I thought it was a mistaken identity.
The best lie is partial truth.
For 22 years, only two people knew the truth,
until a confession changed everything.
I was a monster.
Listen to Burden of Guilt Season 2 on the IHeart Radio app,
Apple Podcasts, or wherever you get your podcasts.
Why hasn't a woman formerly participated in a Formula One race weekend in over a decade?
Think about how many skills they have to develop at such a young age.
What can we learn from all of the new F1 romance novels suddenly popping up every year?
He still smelled of podium champagne and expensive friction.
And how did a 2020?
23 event called Wag Agetten, Change the Paddock Forever.
That day is just seared into my memory.
I'm culture writer and F1 expert Lily Herman,
and these are just a few of the questions I'm tackling on no grip,
a Formula One culture podcast that dives into the under-explored pockets of the sport.
In each episode, a different guests and I will go deeper into the wacky mishaps,
scandals and sagas, both on the track and far away from it,
that have made F1 a delightful, decadent dumpster fire for more than 75 years.
Listen to No Grip on the IHeart Radio app, Apple Podcasts, or wherever you get your podcasts.
Good people. What's up? What's up? It's Questlove. So recently, I had the incredible opportunity to have a real conversation with actors and producer, Jamie Lee Curtis, ahead of the release of her new thriller series, Scarpetta. I can honestly say I've never done an interview like that before. At one point, I shut my laptop down. And we just started chatting as old friends, recent Oscar.
recipient, so we have some commonality there. I predicted that, by the way. And you said these words to me,
dust off your mantle. Yes. And I looked at you and I said, what? And you said, dust off your mantle.
And then I left and that was it. And then when all of that happened, I remember the next morning,
I think I wanted to like write you and go, how did you know? Listen to the Kusloff show on the I
Heart Radio app, Apple Podcasts, or wherever you get your podcasts.
And we're back.
So we talked on yesterday's episode.
Mark Wayne was like called out for talking like he was like, like he was John
Ram, like I've seen shit that it'd make a, I've eaten shit that it'd make a Billy goat
puke.
I've been, I've been in the shit, man.
Once you smell, once you smell death in your nostrils, you can't unsmell that smell was
essentially the energy he was giving.
And they were like, that's crazy, man.
where you like speak a little bit more on that like what what is what exactly are you referring to there
and he was like uh i'm like actually not allowed to yeah not allowed to say that's actually classified
so they're like okay so we have this skiff where you can like talk about classified stuff so let's
just go in there real quick um and he he was like let let me i need to find these four people
who can give me permission to speak on it but they are classified so i don't know if i can
find them. It was just a, yeah, it was all a very, very opaque thing, no details given because
that would probably reveal, you know, that this guy wasn't in any kind of danger ever.
But yeah, I think what happened was, I guess after that hearing, they went to go talk and after
there was like a behind closed doors briefing, it basically like the Republicans and Democrats
both came out kind of like, what the fuck was that?
So you had like James Lankford, who is also an Oklahoma senator,
who was like the one kind of like shepherding Mark Wayne through all this,
was sort of like, yeah, this is just really not a big deal at all.
Like he just kind of made a mountain out of a molehill sort of situation.
He said it was dealing with like a like a whistleblower or something.
It has nothing to do with like any kind of like reared him shooting guns or anything.
And then like, but then the Democrats were just sort of like,
I don't know, man.
It's just like nothing makes sense that this guy says.
It's not necessarily concerning where they're like,
we think he's some kind of like foreign asset or selling state secrets.
But they're all just like,
it's just like it probably is nothing,
but he's still trying to act like is something.
Yeah,
he just kind of came out of shit.
Yeah,
and they're like,
all right.
We feel like we can humiliate this guy a little bit more.
Yeah,
yeah,
yeah.
And they're like,
yeah,
yeah,
Richard Blumenthal,
who was in there,
he told reporters it was,
it was quote,
weird.
That was his description.
He's like,
But I can't get into like what was said.
Obviously he was classified.
He's like, it was just weird.
So yeah, that's where he ended up.
And then so they did end up taking the vote.
And Rand Paul was like, yeah, I'm sorry, dude.
You're like violent.
You think punching people's like normal.
You're a piece of shit.
I hate you.
I don't know if I said that earlier, but I think I.
You didn't say sorry to me about.
You don't say sorry?
Yeah.
I said I understood it while you were attacked.
I didn't say you deserved.
I said I understood it.
So Rand Paul was a no.
So meaning if all the Democrats voted along party lines,
Mark Wayne, sorry, asshole, you aren't getting out a committee and you're not going to go to the full Senate for a full confirmation vote.
Oh, but guess what?
John Federman ended up being a fucking yes to get it over the fucking line.
When is he up for it?
When can we get rid of him?
I mean, you know, one version, if Chuck Schumer had a fucking spine, he could be like, bro, I'm taking you off these fucking committees, man.
What the fuck?
Who the fuck are you?
Get him the fuck out of here.
but yeah he's uh let's see his primary is probably 2028 i think because it was 22 when he came in so yeah
yeah i think you know people are rubbing their mitts uh for a primary for sure i mean it can't come
fucking soon enough so though but then he was also in the news too because john fetterman was like
oh man all the democrats have trump derangement syndrome you know what i mean just make things
impossible to like ever agree with the other side on stuff you know like they're
said it's good if like Iran doesn't
have a nuclear weapon and now they're all like
they're all like upset about it like I don't even get it
just because it's Trump like it's that's
not why and also you're a fucking moron
and you shouldn't have ever
like God damn
yeah truly the worst but hey
this is what we got folks so
hey Pennsylvania voters
hopefully there'll be a primary
that you can vote it. A truly
fucked up story in the New York Times
yesterday
the face of the farm workers
movement, Cesar Chavez has been exposed for just a nightmare if being like a nightmare if
predator behind the scenes of history essentially.
Yeah, it started like early, before the New York Times piece came out, the United Farm Workers
officially made a statement saying like, we're not going to be celebrating his birthday this
year due to some allegations that have come to light.
And people are like, oh, God.
Then the New York Times story comes out.
And it's, oh my, it's truly like a total predator.
He groomed and assaulted two minors.
And then those allegations are made even worse by the revelation that he had also assaulted Dolores Werta, who is his longtime ally, like in the farm workers movement.
And she had released her own statement, too, saying that he had impregnated her twice.
And she gave those children up for adoption.
and those were secrets that she had held, like basically until very recently.
She's 95 years old.
And she said she held this shit for, she just couldn't reveal it because she specifically
was saying she didn't want to expose Cesar Chavez and she hid the truth because she didn't
want it to negatively impact the movement.
Right.
And you're like, my God.
And it's just like another just grim example of how victims are forced into silence
in the name of like a greater good
or to not like quote unquote
like ruin things
for an admired figure.
Right.
The great man version
like theory of history
where people are just like well
the reason that we're making progress
is this one person.
Yeah.
It's just like no,
you just need to fucking do the right thing.
Yeah.
Like let the truth out
and fucking move move forward
because this is so toxic.
It's so bad for the movement ultimately.
Yeah, and knowing, but like I think luckily too, right?
Like despite those revelations, people are still understand that far more like labor rights are important.
Right.
And that and that movement was much larger than Cesar Chavez.
But again, he was like sort of like the default that people look at like sort of like how, you know, like with the civil rights movement, people just have a shorthand of being like.
And it was all Martin Luther King Jr.
Right.
Like he was a very prominent figure, but it took the work of millions to get there.
And so, yeah, with this, it's, I mean, I, I, when I was working in politics, we work pretty regularly with Dolores Werta.
And because she's around California politics and things like that.
And this was, I remember there were, there were always like grumblings about like maybe Cesar Chavez, like wasn't like as good as people say.
But I never like, I didn't know the specifics of it.
Yeah.
And yeah, this story just, just gutting.
But I think, you know, a necessary reckoning for.
any movement. And also for people to realize, man, like when people end up getting so much
influence like that, there's there's always like there's a non-zero chance of people
exploiting that power and influence for really dark shit. People need to, yeah. And I think also
for us to think of it as like, it's not just one person that is a movement because I think that's just
sort of like how our popular culture operates is like we like consolidate everything to like this one
We like to put a face on it.
Yeah, yeah, yeah.
Yeah, like that's what, I mean, we talk about that a lot on the icon episodes.
Yeah.
Like these things that we tend to like make sense of history as being these like acts by these individual people and those individual people like get tied up.
But like a lot of times they're part of some larger movement in history that, you know, they just happen to be there at the time to take advantage of like what,
what that movement is.
But like, you know, the way we understand things is through stories and stories have like
individual characters.
And so that's, it's like caused by the, the reliance on the character driven version of
history is just like how our brain works.
Yeah.
Unfortunately.
But yeah, it's does, it does lead to horrible shit like this and, you know, dictators and a lot of,
a lot of the shit that's happening.
Yeah.
So many movements.
you see like or you know just like even like like yoga practitioners like there's like a thing when like
one person is sort of seen as like the ultimate power or authority on something it can be
turned into something really fucking dark but yeah a lot of times with men yeah like if it's like when
the men are the leaders and then they're just allowed to do whatever the fuck they want yeah yeah
it's yeah uh but like again like i said this like if this was like someone
on the right.
I'm wondering how this would be received.
You know what I mean?
Yeah.
Like if they're like,
these people are liars or whatever.
Like,
but again,
this is like something that the Republicans
don't could give a fuck about labor rights,
especially people who are working on farms.
We've seen how it was received when one of their Supreme Court nominees
was pretty evidently,
right,
pretty very credibly accused of conduct that is illegal and
predatory. And in the moment when they had the opportunity to, they, like, made it a national
reckoning on like cancel culture instead of, yeah. All right. Real quick, wanted to talk about what
Forbes is hailing is the start of a new era in property management. Oh my God. Dude, that's just the
most frightening statement. The start of a new era in property management. Oh, that's right.
What a euphemistic. Oh, hell yeah. All right, Forbes. I know this is going to be good. It's called
real estate tokenization.
It's when real estate gets bought up
by investors.
Minorities?
Yeah, by token minority.
Divided into tokens, which are distributed
to set investors.
It's basically, like that art thing too,
whereas they're like, you can own a fract,
you can have a fraction,
what is it, a fractional ownership.
Yes.
Yeah.
So it's like that.
I mean, it's, they turn everything
that money is supposed to like help
drive into abstractions.
So suddenly it's just easy to, this is always beneficial to the people who are in control.
Because as you like abstract it more and more, it gets more and more distant from the actual value.
You know, the thing is like this, in this case, it's like this is a house that I want to live in if it can be a good place to raise a family.
Right.
So that is the value to me.
And therefore I am giving you money for that.
and like it's a pretty straightforward exchange.
But instead they like do this massive like active abstraction.
So there's like, you know,
three layers of bureaucracy and like financial like people taking a cut
in between the person who is getting the value from the real estate
and the person who's like putting up the money.
And it, you know,
this is how you end up with the, you know,
subprime mortgage fiasco like the,
which like basically drove us into a depression that,
uh,
Again, only people felt not the billionaires and the financial institutions.
Like, they somehow managed to not feel it by getting bailed out.
But again, every time there's like increasing abstraction, it allows them to be insulated from consequences.
And you're seeing it on like a massive level with the stock market, not even really taking a dip when everybody is going through what is essentially a depression or a recession.
But you're also seeing it in.
these like specific instances where,
so this company,
real tea,
uh,
real tea properties are concentrated.
Like R EAL and then capital T.
Real T.
Yeah,
yeah,
exactly.
Here's the real.
It also sounds.
Here's the real tea.
That's right.
The real tea is that they're,
uh,
buying up properties and predominantly black neighborhoods in the east and west of
of Detroit.
Jesus.
Uh,
it's just these two Canadian,
brothers whose family
fortune is a bit mysterious, but
that's another story for another time.
Let me guess their grandfather invented
the collar? Invented the collar.
On a shirt? No.
That's still my favorite. Such a dumb
fuck Gen Z, Gen Alpha
lie. I think you like
invented the collar or whatever?
I think I'm going to have to beat the shit out of you for saying
that seriously in public full.
Invented the collar? Nah. Hell no,
man. I believe you get your ass kick.
My dad invented this. My grandpa invented the steering
wheel. Yeah.
Yeah. Is that right?
But it wasn't long
before Realty illustrated that the only
thing worse than a landlord is
thousands of anonymous landlords.
Right, right. Last year, Detroit's
outlier media reported that Realty had
done little to no repair work on their
rental properties. Many tenants
didn't have leases. Some didn't even know
who to pay rent to.
But that didn't stop the company
from threatening evictions, of course.
It's their favorite thing to do.
Wow.
And, yeah, they just...
So, like, what is great?
Great ownership scheme you have here.
So thousands of people own a property,
but no one's in charge
because you're like crypto style of tokenizing everything.
Yeah, exactly.
So there's just no infrastructure.
Like, they don't spend money on any of the things that...
It's like the entire tech crypto economy
where they just like shovel money at a thing
and just say,
and what we're going to do is we're going to simplify this process.
We're going to make it more streamlined.
And what that means is just like not having staff
to do any of the things that need to get done.
Right, right, right.
Yeah.
Have they been sued?
Are people, I'm guessing they're getting sued on some level?
Yeah, they're getting sued.
But they're also still trying to make it seem
like they have things going like on the financial side.
Like they have an investor.
who just like offered to buy a big chunk of the company
and then it was revealed that that investor was them.
Jesus.
So this is just a fucking,
this is just another rug pull for people.
Like I'm sure what they can do.
It's sort of like with what Logan Paul did with his Pokemon card
because he had that insanely expensive Pokemon card
that people could buy fractional ownership of.
He's like,
I got 51% but y'all can buy the other 49%.
And he just like quickly bought them out
and then made all the profits from,
set like auctioning off this card.
Right.
Which I can imagine that's a really quick way to sort of cheat your way into like a small
real estate empire is to get a bunch like you can raise the capital through this like fractional
ownership and then be like, all right, you got your money back.
It's actually worth a little bit more.
But now I've got it.
Thank you.
Sorry.
Realty is now closed.
Yeah.
And there obviously there are like very real consequences in this case.
In February 2025, city building inspectors warned realty about an apartment complex.
that had a complete lack of smoke detectors,
emergency lighting, and fire doors.
The next month, a fire tour through the building.
It doesn't seem like people died,
but just incredibly dangerous
to have like this sort of thing
in the hands of people who are just like doing,
yeah, crypto rugpole essentially.
Yeah, and something like,
it's one thing if you bought a fucking little paper square
trading card,
but a fucking house that someone lives in,
like where they're at risk of fucking death,
death because you're just like, yeah, dude, I don't like,
I own like a half a percent of this flop house.
Right.
Just like that's so fucking dangerous.
And I can't, I mean, I'm like, there's got to be better regulation of this.
And I'm like, Miles, where the fuck do you think you are, motherfucker?
Regulation.
The fuck, you better call Nate Dog and Warren G.
That's the only place you're going to see anybody regulate.
But yeah, the city has alleged that property neglect is built into the company's model.
Is that sort of like?
how like the, you know, like
company is like, yeah, I mean like, we take
risk, we know we're probably going to break a couple
eggs, people get killed, and we'll be
able to, we'll handle the legal cost
of that. We're good on this side. Built in, it's built
in. Exactly. They build
a model where they're like, so
we've realized that
we would need to
recall 3,000 of
these vehicles in order for people
not to die. And that would cost
us $2 billion. Or
the, like a handful of people
are going to die, we'll get sued, and that would likely cost us $1.5 billion, and therefore we are not
going to issue the recall. It's a thing that has happened in the automotive industry. The book
the corporation is worth reading. As if we needed more evidence that housing is a human right and
not some fucking dumb shit commodity to fuck around with and invest in. Yeah. Because at the end of the
like what I'm reading these, the people who was living in one of these buildings, they didn't have
fucking heat for years?
Yeah. No heat for years.
In Detroit? Rotting stairs,
flooded basements,
and people are just having
to survive.
Like, you know, trying to get
like a landlord to fix anything
in an apartment is already a
fucking nightmare. Having to do it when
your building is owned by like
a thousand people, like
from other countries.
Right. Probably.
Yeah. I mean, I think these are important
questions that.
should be asked of people seeking office,
especially if you're a Democrat or on the left,
is like,
what's your take on housing?
Because I think that's another thing.
People would quickly reveal themselves
to be such landlord bootlickers.
Right.
You know,
like even for all the people
that love Gavin Newsom,
this guy isn't going to,
he's going to do fuck all to make housing more important.
And I think that energy that Zoran had,
which is sort of like,
man,
fuck these landlords.
Yeah.
Guess what?
Everyone's like,
that's what the fuck I'm talking about.
Exactly.
Exactly.
But again,
if you,
all your homies are landlords,
Then basically say like, fuck all my homies.
Yeah.
And then your homies are like, what the fuck are you talking about, bro?
He sounds stupid as fuck.
No, they know, like they're spending their money.
Like landlords are spending their money to get like relationships and access to Gavin Newsom, you know, they're smart.
Sergei Bryn of Google, he just dropped $45 million to fight this billionaire tax thing.
I know.
$45 million on top of the janky signature gathering operation that was exposed recently.
It's currently like 48 to 47% like in the latest polling.
Like it's basically they're doing shockingly well.
The anti-billionaire tax people are doing shockingly well in California.
Yeah, because they're just, I mean, all they're going to do is some kind of price thing.
It's like it's going to, you thought shit was bad now.
Yeah.
Wait till the billies leave.
That's right.
And everything is going to get all expensive.
Sure.
Everyone, if you live in California, text five of your normie friends and just be like, you're down to tax the fuck out of the billionaires, right?
Right?
Right.
Please.
Yeah.
Like, just, I want to hear one argument that I can even understand for not doing that.
They're just going to be like, they're going to move away.
Like, no, they're not.
Yeah.
They always threaten to do that and we'll be fine.
And if they move away and stop, you know, influencing the.
the local governments in our state, that's good.
Yeah, yeah, exactly.
That's good for you.
You're, so wait, this is, this is my question.
Are you, are you a billionaire?
Oh, you are.
Yeah, you're right.
This will be bad for you.
Are you a billionaire?
Oh, you're not.
This is going to be fine.
Largely, it's going to be better for you because billionaires are massively influential.
They're like these giant gravitational forces in any civilization.
And they, first of all, shouldn't exist.
in any civilization.
But as America currently operates,
they will impact things.
And the only thing they give a fuck about impacting
is like helping them acquire more assets.
Yeah.
Yeah.
I mean like right now, like I,
it's funny like fortune.com
because obviously they're the side with them.
Their headline is only six billionaires left California
over proposed wealth tax.
But they took 27 billion dollars in potential revenue with them.
Uh-huh.
Potential.
Potential.
Potential.
It's very potential.
Anyways.
That is going to do it for us this Thursday afternoon.
We are back tomorrow with the whole last episode of the show.
Until then.
Be kind to each other.
Be kind to yourself.
Get your vaccines where you still can.
Get your flu shots.
Don't do nothing about white supremacy.
And we will talk to you all tomorrow.
Bye.
Bye.
The Daily Zykeyes is executive produced by Catherine Law.
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Co-produced by Victor Wright.
Co-written by J.M. McNabb.
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I am so happy that I'm the head bitch in charge at 67,
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