The Pete Quiñones Show - Episode 1122: The 'Robber Barons' Who Tried to Save America w/ Stormy Waters - Part 2
Episode Date: October 20, 2024108 MinutesSome Strong LanguageStormy Waters is a managing partner of a venture capital firm.Stormy returns for the second part of a look into what came to be known as The Business Plot.Stormy's Twitt...er AccountPete and Thomas777 'At the Movies'Support Pete on His WebsitePete's PatreonPete's Substack Pete's SubscribestarPete's GUMROADPete's VenmoPete's Buy Me a CoffeePete on FacebookPete on TwitterBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-pete-quinones-show--6071361/support.
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I want to welcome everyone back to the Pete Kenynez show.
Stormy is back for part two talking about the quote unquote Robert Barron's.
How are you doing Stormy?
I'm doing very well.
I'm doing very well.
Before we get started, Pete, yeah, what do you want to do?
Housekeeping?
Yeah, yes, yes, yes, yes.
So in the previous episode, I mentioned that,
Jack no sorry John Pierpont Morgan's
I think a great great great great
grand no great great great grandfather at that point in time
was the same as the rum bottle pirate
it's not necessarily the case
all he was is he was a he was a very famous
privateer during like the lead up
to
he was doing sketchy stuff
before the Revolutionary World
war was a privateer and then continued on being a privateer I'm assuming in it was it the
when the when the US had the problem with the Moors so this was like still like what the
the Barbary pirates there you go there we go so yeah so he was a pirate
named Morgan and a privateer named Morgan whether or not that's the same
Captain Morgan, probably not.
I probably don't think that it is.
I don't know the genealogy of the rum bottle guy.
Was that from the House of Morgan book that implied that?
Yes.
The House of Morgan, first two chapters is about the,
is about his, the Morgan family prior to John Pierpont.
Right?
So you had his John Pierpont's dad, who I can't remember.
blanking on, which I think was just Pierpont.
And then before him going back like two generations, three generations.
So it goes into very early Morgan history long before banking and long before Pierpont
was selling American bonds to English investors.
So this would still be like, you know, British financial primacy, both pre-revolutionary
war and early after.
And then, so two generations.
generations.
It goes back to like the
mid-1600s.
Morgan family not doing too much.
It's, you know, the chapters are kind of
quick in comparison, the rest of the
information packed into the later
chapters. It's a 900-page
tome.
But anybody that has the time to read it,
I really think you should.
Because it goes into
after John
died
and Jack took over,
the bank had gotten so big.
I was talking to a mutual friend, a fantastic account to follow.
He and I geek out about science and consciousness science all the time.
We actually did a really popular, which I'm glad.
I still find it, I still find it kind of like shocking that anybody like finds my private interests, like interesting.
you know, I know people like professionally, I'm kind of used to like, you know, speaking at
summits or whatever or conferences. So I know like my public, you know, professional ideas
can sometimes be interesting. But I still find it amazing that people find, like, the stuff I nerd out
to privately of value. But he and I did a really great consciousness series on like the state
of consciousness science and what the implications are. But he and I.
we're talking about the peculiarities of wasp patronage and why it's different than anything.
So A, he called me because when I said in the last show that the European aristocracy
had really been dead for 200 years. By the time the revolution rolled around and he
very begrudgingly, you know, was calling and said like, yeah, I think you're right. It's really, really sad.
But by the time this 1600s, I guess it was more similar to what we have today as elites, just very
unimpressive people that became kind of with few exceptions, but very, very, very, very,
vampiristic and not the type of behavior that you and I were talking about on our first episode.
And in talking about that, we touched on kind of the solo.
You're not going to, like, I've never heard of something like this practiced in any other society or any other culture.
But you see it throughout the American, you know,
aristocracy and it died out roughly around the same time as their power died out in the 60s
was probably like the total disenfranchisement but by the 40s it was it was really well
underway but Jack Morgan the son of John Pierpont by the time the second or the first
World War wrapped up J.P. Morgan and really Wall Street in its entirety
had officially, like, officially, like it was, it wasn't in doubt anymore, right?
The financial headquarters, the financial capital of the world was now New York, right?
World War I ended England's financial, you know, primacy in the world.
And the financial capital of capital was in America now.
And all of a sudden,
the it became very important for for JPMorgan the institution to went from a very
nationalist or a hypernational bank right it really like all of Morgan financial power
was concentrated into roughly two buildings plus Pierpont's apartment and injects
estate in the Hamptons and that was it
But a rapid expansion was needed before, for them to hold on to that primacy.
So Jack ended up moving to England shortly after.
These guys never really moved to any place, not to, you know, call them cosmopolitan, you know,
ruthless cosmopolitans, but these men, you know, had a estate.
in the UK usually.
And it wasn't just Jack Morgan.
A lot of these guys did, right?
That they would spend the summer months
because, you know, the hunting,
particularly bird hunting
and most importantly, fox hunting,
was, it was just the thing to do.
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November Lidl more to value so these men would have places and you know in the
city in New York City a place in London in the city and then a country estate
and usually another estate out in like the Hamptons or
Newport, Rhode Island. But Jack would move to spend most of his time in his country estate.
He literally became like full-on country gentleman, like out of what you would imagine like
downtown Abbey is. All right. Like that's how he, you know, live the rest of his life. He would
probably spend only five or six months back in New York because his primary focus became
the international operation of the bank. Right. Like, like,
A lot of responsibility comes from primacy.
And so the need for J.P. Morgan to have a footprint in Japan,
which at this point was just rising and rampantly industrializing.
Capital needed to be there.
And in Shanghai and in Brussels and in France and and and.
And that really dominated most of Jack's involvement for the rest of his
life in J.P. Morgan. So U.S. operations was really where the core of the business was, right?
You know, kind of like how all of our, even all of our corporate, you know, decisions are now
made in Washington, right? Like, you know, power kind of centralizes all by itself. So the U.S. operations,
passed on to a guy by the name of Thomas Lamont.
And Thomas Lamont is probably the...
It probably doesn't sound like a very familiar name to anybody.
But if you Google Thomas Lamont, you'll find out he's one of the most important people in the last, you know, from merely World War II onto his death, which I believe was in the 80s.
All right, but the man who made J.P. Morgan kind of what it is today was Thomas Lamont.
And not Jack Morgan.
All right.
Jack, at this point in time, by the time World War II rolled around, Jack's entire interests were politics, particularly U.S. politics.
You know, being in Europe and seeing what was happening in Europe.
Just increase that even more.
but I want to touch on this type of patronage before we get into the business plot.
Thomas Lamont was an orphan, right, a pauper.
So not only did he have really no family to speak of, no, I think he had his father,
who I believe died when he was, um, in a 12 or 10.
And the family that Tom's father worked for, all right, this is another thing.
Right.
So like, let's say you work for one of these men, right?
Like, you're their mechanic for their automobiles.
Because back then, you know, you needed a mechanic because you probably had two cars.
And if you didn't have a mechanic, there wouldn't be a guarantee that,
one of those two cars would be running at any given time. So if you wanted a car that you could drive,
you know, whenever you wanted to, that required a mechanic to guarantee. So whether you're the
mechanic, whether you're the cobbler, right, you make the, you make one of these men's shoes,
you're his tailor, right? You work closely with any of these men. And if something would ever
happened to you, right? This is before like Medicare, Medicaid, Social Security, like life insurance
was kind of a thing, but it was prohibitively expensive. Really all of insurance was prohibitively
expensive in that in that time, whether it be shipping or otherwise. There was no safety net for you,
right? So if you're the son of a mechanic and your dad dies, your mom is basically going to be on the
streets and the rest of your life is going to look like just abject horror, right?
And what only the wasp aristocracy made a point of doing is whenever something like that
would happen, right? Anyone that worked for the family in any capacity, if something were to
happen, they felt it was their duty to house,
Whether she, you know, whether, you know, your, the mechanic's wife, you know, your mom in this hypothetical
scenario got moved into one of the guest homes or, you know, the maids quarters, whether that be
a separate house on the property or inside the main house. And you would be sent to boarding
school, right? These people, it's really a shame.
These men believe that it was their duty to ensure that you were educated to like the highest degree.
Right. Because you were basically their responsibility.
Right. So if you're going to be their responsibility, you are in one way, shape, or form a representation of their, of them, of their mag...
of who they are as a man.
So like the reason why you treat your wife nicely or your girlfriend very nicely, the reason why you want her to dress very nicely, be presentable, why you want everyone to treat her very, very well when she goes out is because she is a representation of you. She is your proxy.
Right. So if somebody disrespects her, they're disrespecting you.
and how she appears and how she carries herself is a representation is a representation of you
right how your house looks if your house is a fucking mess nobody's going to respect you like
your home your family your wife these are all a man's proxies right like his avatars
Wherever they go, they will always be a representation of him, the man.
And these men viewed that boundary layer much further out than we do.
So if you were in the employ of one of these men, and God forbid something happened to
you, they would take that man's children as their responsibility, not their children, right?
They're not adopting them, right?
But they're taking them on because it was their duty, right?
This man worked for me.
He was under my employee and now something terrible has happened to him.
It is my job as a man to make sure that his kids have at least every opportunity.
Whatever the children do with the opportunities, right?
That's no reflection on you, but them being denied.
those opportunities is a reflection on you. You send the child of your mechanic, your former
deceased mechanic, you send him to the same boarding schools that you send your children to.
Because that's the type of person you are. Not only are your sons, it's expected that your sons
would go to this boarding school, but you are sending that young man to the same boarding school,
which means you're basically telling something to the world.
They're telling the world that they have not shirked their duty,
which is really like the defining characteristic of these,
you know, how they oriented themselves in the world.
So Tom Lamont was one of those kids.
And this is what the WASP aristocracy did
that no other aristocracy did.
It was a type of eugenics.
And the entire, like, defining criteria was character.
And you see character talked about all the time.
If you read anything, any of the correspondence of any of these men,
whether it be Rockefeller, whether it be Carnegie, whether it be DuPont, any of the DuPont brothers,
They talk about character so much.
All right.
And character is, you know, everybody talks about like how based, you know,
how base the national socialists were, you know,
that they understood the importance of eugenics.
Where did they get that understanding of eugenics from, Pete?
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by the central bank of Ireland the progressive movement in the United States basically
well I mean yeah well I would say it's not the progressive movement I mean John D. Rockefeller
wasn't a progressive and he was the guy that endowed all the all of the institutes but they were
sorting for care they were doing eugenics but they were sorting for character if you look at like
all of the genetic or the eugenics uh discussions at the time they weren't trying to like root out
who is going to be like the weakest or who is going to be the most frail or who is going to be the
strongest and the best looking that's not what they were sorting for they were sorting for
character right it's it's impossible to miss if you're looking at any of the dialogue on
eugenics of the time right like oh well you know this is a lie like in these people these
people you know can't reproduce because if you look you know both of the parents are
criminals or the mother is an alcoholic and the father is a criminal, the children of this union
will only have poor character. So character was a defining thing for the aristocracy of
America. And when they would give out this patronage, right, when they take responsibility for
these kids, and they would do it a lot, like you could find, it would take you not too much searching,
but you could find that you would find out that John D. Rockefeller probably did that he probably put 40 kids
through private school that other than his children, the DuPonts even more, the Morgans.
This was how they brought new blood into the aristocracy.
When anyone, somebody was, when someone was in their service and something bad happened to that person,
they would take the children and give the children the same opportunities that their children had.
And they would see.
They would sit and wait.
And if the person was of good character, the same opportunities, you know, later on in life would be provided to them.
Right.
That's how you get to be Tom Lamont, you know, orphan kid, going to the nicest prep school in America because who your dad worked for.
Were you aware that his great-grandson, Ned, is the governor of Connecticut?
No, that is right now.
Yes.
Oh, that's so upsetting.
That's so upsetting.
One of the things I resent the most is not being able to live in New England anymore.
I grew up in Connecticut.
Like, I had probably the most idyllic childhood anyone could ever have.
I've done a beautiful old stone house.
Uh, fucking, almost a mile long driveway to, you know, a nice gate with big stone wall.
And the stone wall ended up, ended in two pillars with lamp posts on the, like, I don't get to live there anymore.
Because the city governments and the state governments can't stop borrowing money.
And the interest on that money is literally making them insolvent.
So my friends that still live there, their property taxes are roughly about as much as their mortgage.
Except for they're never going to be able to pay off their property taxes.
And unlike their mortgage, that stays roughly the same, their property taxes double pretty much every five years.
So either their money doubles every five years, which it doesn't.
Eventually, every town in Connecticut is going to be the largest property owners in Connecticut
are going to be, you know, the towns themselves.
So, yeah, that and how they are intent on, you know, running the country.
Like, it drives me nuts that I can't even live in New England.
Like, New England's the prettiest place in the entire country.
Like, sorry, you know, out West Bros.
and sorry Montana bros and sorry Wyoming bros.
Rural New England is the prettiest place
in the entire confinthe United States.
It just is.
And it's the only place with history.
You're not going to be walking through the woods in Wyoming.
Anyway, yeah, it just gets more angry.
I think Virginia,
I think Virginia bros will have a,
have a fit if you say it's the only place it has history.
Yeah, but we also have,
Yeah, but Virginia pros don't get fall, like New England gets fall.
So they are as pretty, 75% of the time.
Actually, like, yeah, 75% of the time.
But then, like, you know, when fall comes around, we kind of edge our way out in front.
And I'm sure they would be willing to concede that.
I will concede their springs are probably prettier than ours,
because they get warmer faster.
But, yeah.
also another place that's been equally destroyed.
So I find it really, really funny that that guy,
especially with that name, is now presiding over it.
Like, just the absolute destruction of the moral compass of the Puma Generation astounds me.
Anyways, getting off track, I do that a lot.
But it was a type of patronage that I think that we should,
obviously I don't think we should be putting strangers kids through college or to school.
But I think that this is something that all of us can do, right?
If you, I think if somebody loses their job in our thing,
I think it's every one of our duties to try and help that person find a new job.
Like at bare minimum.
I mean, I just released, I just released an episode this week, today.
myself and uh not me not you from uh o gc he um he was on the ground in north carolina for the past uh
he was there after the try to help with the relief efforts and everything and um you know one of the things
he said at the end was he said young guys who think you you know you're missing out on adventure
go there right now people need help there are people who are willing to help
the means are there you can click up with people in the old glory club who are on the ground right now
go do it and we owe it we owe it to these people to do it how many people took him up on that
i mean i just released the episode so i released it like three hours ago so oh okay i missed that
first part yeah i strongly encourage anybody that's listening to this to go then listen to that episode
Just we need to be better because we used to be better and we're really good at making excuses and
I think that's what much like I think that's one of the biggest crutches of our time is that
we've gotten so much better and there's so many like little things that take away your time
or could consume your time whatever that we've gotten really good at coming up with excuses
or the excuses are provided to us for why we don't do things that we know we should
So I know there's a couple guys in our thing that, you know, I've tried to help employ,
sorry, not personally, but make sure that they are introduced to people that will give them a career that they want.
Or a career that I think that they would be very foolish to not take.
And if you're listening to this and you're in a similar position,
that needs to be something you do.
If something bad happens to somebody,
not just in our thing,
if you're listening to this,
you have a responsibility
to be better than everybody else.
And not like in the way that all the people in our,
that some people in our thing
LARP as aristocrats,
as disenfranchised aristocrats,
there's nothing,
that, that,
The way the term has been kind of bandered around, or sorry, batted about in our things,
is really kind of like how, you know, the way people in our thing view aristocracy or nobility
is really no different than how a, I don't know, how a drug dealer views wealth, right?
There's a term I want to use, but I know this is probably going to go on YouTube, so I won't use it.
But it is, it's N-word rich.
And we have a similar concept of nobility and aristocracy.
If we go back in time, what did men of means think of nobility?
Well, they didn't think it was about being better than anybody else.
You don't build 2,000 churches, 3,000 churches because you're better than everybody else.
You don't build every public library in the nation because you're better than everybody else.
You build them because you want everybody else to be better.
Just period, better.
Which means that you wouldn't be so much better than them.
Right? If your whole identity is being better than everybody else, the last thing that you
would want to do is to give people the means, people that you viewed beneath you, the means
to self-actualization to be better.
But in fact, that is your duty.
That's what nobility is really all about.
out. It's about those four letters. So whether it's go to North Carolina and help out, I apologize,
that was very rude. I put my phone on silent. I thought I already did that. It's your duty to go to
North Carolina if you can and help out. It's your duty to help get one of our guys a job when
he gets dachshed or laid off. It's your duty to help chip in.
if some unforeseen and regrettable medical thing happens to one of our guys or just someone
you know, right, and they don't have insurance.
Like, we shirk so much of our duty to our fellow people and we view it like, oh, well, you
know, sometimes it's tied up in like religious things, but it's just, it's not.
Like charity can and is part of, you know, the Christian faith.
But that's also just what you should do if you look like me and you look like Pete.
That's your responsibility.
And I think that's probably the thing that's the most regrettable out of all the things that we've lost.
I think that one's the worst.
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Yeah, the whole idea of like when we, when we had our event, the old glory club had our event, you know, it's suit, it's jacket and tie the whole time, the whole time.
The old glory club here in Alabama, when we meet, it's at least jacket.
and there's a reason for that.
And I think a lot of people don't understand just exactly how casual.
And that word has many meanings and can be taken many ways we become about the way we carry ourselves.
Yes, yes.
How we speak.
How we dress.
We're wearing a jacket.
wearing a jacket makes it a lot easier to hide a weapon too.
There is, you can actually hide a weapon and several reloads.
You can get at least a couple of mags in and probably a PCC,
depending on how chunky you are.
If anybody is listening that doesn't have the capital for like a nice suit,
or a nice suit jacket,
I want you to DM me.
If you do have the capital and you lie about it
to get some really,
really, really sick, you know,
dress attire, you'll have to live with that
for the rest of your life.
I don't know what that's going to be like,
but I can't imagine it's great.
So, yeah.
Well, you would, you would hope
that somebody's conscience would be clear.
Exactly.
Yeah, you would hope.
that yeah you'd hope we're dealing with quality people here and I know we are so let's
very high quality men all right so let's talk a little bit about the specter of fascism in
America let's do that yeah yeah so the organization that the business plot was um was done that under right
like what the official organization was,
was something called the American Liberty League.
And I know we touched a little bit on that at the end of last episode.
And I'm probably going to have to do some house cleaning again on the next one.
All right.
I make broad strokes.
So, you know, just salt the taste.
But if I were to say right-wing fascist and then I were to say Huey Long,
would you think those things are diametrically opposed or simplif?
I have no,
I have no issue with the term right-wing fascist and Huey Long being in the same sentence.
Well, they were.
So Mr.
Huey Long was a very avid,
so this is a,
This is a bigger thing.
I'm getting just Huey Long and what his role in this was.
But his presence kind of, it points to a larger trend about what was going on or what these men thought was going on.
Because what is fascism?
why does
Mussolini's
Italy
and how his government
functions
and Hitler's Germany
and how the Reich
functioned and Franco's Spain
and how that government
functioned
right if I were to try and
like draw parallels
I would be
I'd be in big trouble
because
if fascism is a type of governance
structure, how come all the fascist governments are different? Right. Like if, you know,
Mussolini and Franco are the same thing. All right. Like how Mao Zedong and, you know, Stalin are
supposedly, are the same thing. They're both communists, right? Well, their governments function
almost identically. They even have the same names for the same shit. But I'd be hard-pressed to find
really any parallels between any of the so-called fascist nations.
The only parallel that I can find, the only commonality between any of them, all of them,
is that they came about as an immune response to communist revolution.
That's the only commonality they have, that their nations were undergoing a communist revolution
and these were the men that were organizing capable of fighting against it and pushing back against it
to protect their, A, their nation, and B, all of the citizens in there,
even the reluctant lefty ones.
That's the only commonality.
So is the U.S. and the attempted fascism, is that any different?
And I would argue no, it's not.
And we joke about what was, you know, we joke about FDR, we joke about the New Deal.
We've got a million kami jokes.
And the Venona cables proved that there were, in fact, a lot of commies in the Roseabout government and many of the government subsequent.
But what did the men at the time think?
And why were they so scared?
Because they were scared of something, right?
or else Huey Long, John J. Braskin, the founder and chairman of General Motors, a long-time Democrat and DNC supporter.
Right. I believe at one time he was co-chair of the DNC.
He actually was head of the committee that got FDR elected.
So what the fuck is he doing?
in the American Liberty League.
And why is he so scared about what's happening with FDR?
Or what about Al Smith?
Al Smith's a very interesting man.
He was the chairman of the DNC at the time that FDR got elected.
He was actually the Democrat candidate for president,
the election cycle prior.
Like you could.
didn't get more on the same team as FDR.
But somehow, now John J. Raskin and Al Smith, long-time governor of New York and chairman
of the Democrat Party, and these guys and Hughie Long are on the same team as Irie DuPont
and Pierre DuPont.
I really pont.
I mean, this guy funded every extremist right-wing political movement in America, his entire lifetime.
Since he was like 14, he's basically the polar opposite to John Raskin and out Smith.
And Huey Long got famous for fighting standard oil.
and taking a percentage of those oil profits that the great state of Louisiana was making
and giving it to some of the people in Louisiana, right?
Standard oil tried sending people to beat him into a coma or kill him.
I don't think I actually kill him, but, you know, beat the hell out of him.
And he fought standard oil for years.
Like, he was enemy number one on John Rockefeller's list for better part of half a decade.
So why is Hughie Long on the American Liberty League with John D. Rockefeller?
At that time, very old.
So the Rockefeller boys at this point.
He was either, he'd either just passed, but the Rockefeller boys.
I don't want to have to do more house pleading next time.
why are these men?
Why is John Raskin on the same team as Henry Ford?
And Pierpont Morgan.
Again, why is the chairman of General Motors
on the same team as the founder chairman of Ford?
What were these men afraid of?
Because they were afraid of something.
Because outside of the American Liberty League,
these men, I would be.
surprised if the two if any of them bumped into each other on the street a fight would ensue.
I with you along I guarantee it. So what made these men come together? And there is a speech that Pete,
I sent you this morning that I came across that just kind of, I'm going to read the last couple
pages or sorry the last couple paragraphs they're short right right here we go here we go now in conclusion
let me give this solemn warning there can be one capital it is either Washington or Moscow
there can be only one atmosphere of governance the clear the pure the fresh free air of
or the foul breadth of communist Russia.
There can be only one flag,
the stars and the stripes,
or the red flag of the godless Soviet Union.
There can be only one national anthem.
The star-spangled banner or the Internationale.
And there can be only one victor.
If the Constitution wins, we win.
But if the Constitution
Stop
Damn, he's really good
Stop
Stop there
The Constitution can't lose
The fact is
It is already won
But the news has not reached
certain years
And this was from
The first
Of the
American Liberty League in 1932
This is from
I found this in a cycle teaching American history.
It's like a progressive, like, I guess if you want some progressive college, like for a law degree,
like this is where you go for additional resources.
But here's the study questions.
In what way does Smith believe that the Democrat, sorry, the Democratic administration he helped put into office as the chair of the DNC
not been faithful to the Democrat Party's platform of 1932.
Why does he think the New Deal is somehow Russian Bolshevism and in league with the Soviet Union?
And what is he calling his fellow Democrats and Republicans to do?
It's a study question.
I mean, anybody that needs to add a study question, just read what I read.
I don't, I don't, if that's a question to you, I don't think you've got, you know, a very prominent career in law.
How to you?
And what does Smith's critique of the New Deal compare to that of Herbert Hoover in his speech this challenge to liberty?
And how does it compare to the criticisms?
of one, Huey Long, in his speech, a statement on the share of our wealth society.
And Father Cochlin, a third party.
A challenge of liberty by Hoover was written in 1936.
Hewie Long's speech, December of 1935.
and Father Coughlin's a third party in 1936.
What the fuck?
Does Al Smith, a Catholic and an Irishman,
the chairman of the Democratic National Committee,
former Democratic presidential candidate,
Herbert Hoover, the previous president, Republican,
Hughie Long, like, Hughie Long is just Huey Long.
He's like, you can't even call him, like, a member of a party.
Like, he was a political force in and of himself.
And he ran the state of Louisiana that way.
What is Huey Long, Al Smith, Herbert Hoover, and Father Coughlin have in common.
Father Coughlin, really?
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Northwest. Yeah, you got it. You know, yeah, strange bedfellows, right? I mean, it's very, it's a good question.
And, you know, I think maybe even a better question at this point is, well, what, why don't we learn about this in school?
Right. Like, I mean, you want to talk about bipartisanship, right? Like, if this isn't a guy, this isn't unity, I don't know what is.
and what force was so strong that Jack Morgan, Nat Rockefeller,
John Braskin, Irie, and Pierre DuPont, Al Smith, Huey Long,
Father Conklin, Henry Ford.
Like, what's more powerful than that?
When you have the head, yeah, when you have the head of Ford Motor Company
and the head of GM coming together to agree on something?
Yes.
Yeah.
Yeah, and this wasn't them coming together to be,
it's a plot to be like, oh, you know,
let's corner the market on this and everything,
no matter what Tucker wanted to say, you know,
10 years after this, 15 years after this.
No, this was something different.
These members were scared.
Where is my ancient Greek history bros right now?
Because I'm pretty sure this.
This is exactly what all the Greek city states had to do.
They'd take a break from killing each other when Berserk City showed up.
Go ahead, Pete, sorry.
Well, I was going to say when obviously, when you look at this,
you realize that this is a movement that the people who they were going against realized
had power, had money behind it, had influence behind it.
And then you, you, well, what's one way to just put a bullet in this?
Well, we've been attacked.
We have to go to war.
If you don't all come together now, well, you're, I guess you're anti-American.
I guess you're on the side of the Japanese or you're on the side, you're on the side of the Germans.
And, well, well, you know, or they can.
could have said you're on the side of the Soviets, but no, they took the side of the Soviets.
But no, had to start not only, he has to start a two theater war.
You just have two wars going on just to stop this and just to shut them up.
And then after the war, what do you have?
You have the greatest propaganda campaign of all time, which basically makes these men criminals.
Monsters.
Yep.
Like if you think that these men were anything like how they were portrayed, just monster capitalists that only cared about money, you don't know anything about money.
I'm not saying that I do, but I have lived a rather charmed life so far.
I could get hit by a bus tomorrow.
So I'm going to add that caveat in there.
And I wouldn't be angry if I did.
But one thing I have been able to observe both a change in myself as I became more successful
and also from observing those who had more success than a one.
person could, could possibly ask God for and not feel like they were sinning. Those people,
people that have money that can't be spent, right? If you have, let's say, $50 billion,
at a reasonable, reasonable rate of return, and this is what lefties don't understand
about money, is how interest works. And so let's say, we have, we have a reasonable, reasonable rate of return. And so,
So let's say we have $50 billion.
One, two, three.
Five million, one, two, three, five billion times point.
So if you have 50 billion, let's say the first year you act like an absolute maniac.
You just buy one jet, you buy three.
150 million a pop, sometimes more depending. They started 150. And you buy not one house,
but you buy five. One in every place you like going. Right. One for every season plus a bonus one.
Maybe and you buy palatial estates, say 30 to 50 million. Right. So what is that? I'm up to three, four and a half
So 450 million plus another 100 million in five houses.
So I'm like 550 million.
What else, Pete?
What else do we need to buy?
What can you possibly think of?
Maybe a yacht?
A mega yacht.
You want?
Mega yacht.
Okay, let's say, yeah, I don't like boats all that much.
I'm a very bad wasp.
I don't go say.
I don't know how to sail.
And I'm terrible at golf.
So, like, all of my WASP credentials, like, it's a good thing I'm very well read.
And I speak well because all of my, all of my other WASP credentials, like, it's pretty rough.
So you buy another, but you buy a megabote, 150 million, which I think is roughly what Bezos spent on A.
No, he spent 200 million.
Let's just say 200 million.
Fuck it.
We're only 750 million in.
We haven't even cracked our first billion yet.
We haven't even cracked a billion dollars yet.
So that $50 billion, that earns an interest every year at a reasonable rate of return, 10%.
I mean, honestly, ultra low risk, you probably do pull 5%.
But you're going to have to pull 10 now because you're losing 5 to inflation.
Sorry, buds.
That's $500 million a year.
So the crazy spending spree that we just talked about, you would have to do that every year.
You can't.
You couldn't.
It would take you weeks and weeks and weeks just to pick out the different leathers on one of the planes, let alone three.
You're like three months in just in specking jets.
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You know, the homes, then the boat, God, the fucking boat, every single thing.
Thank you, you know, you see and or touch on a boat.
You get to pick.
Like, you couldn't spend the money fast enough.
So you are earning more money than it is humanly possible to spend.
And you're not even touching the principle.
Right.
So that 50 million or 50 billion is never getting spent.
And if you spent, it would take every day of your life.
to do nothing but try and figure out new ways, creative ways to spend money.
And you still wouldn't even be able to burn through half a billion a year. Good God.
So these people, to think that these people care about money, do things for money, even talk about
money. There's a good rule. My dad taught it to me. And hopefully God
willing, I will teach it to my son because it served me very well in life.
Anybody that talks about money doesn't fucking have any.
So to think that any of these men did anything because of money, to make more money,
you simply don't understand wealth.
What motivates these men, if I could think of any remotely tangential,
or sorry, tangential motivator that had anything to do with money would be capital preservation,
right?
You could probably get these guys to do stuff to protect what they already have.
But if you think they're going to do, you know, political machinations that could end them up in,
end them in jail or hurt their legacy, tarnish their reputation, these men valued reputation and
standing far more than they valued money.
And so would you.
I know it sounds ridiculous.
It sounds ridiculous to you.
But if you're the guy that is in, you know, in that hypothetical situation that I had to
fucking pull out my calculator for because I'm retarded, if you're that guy, he doesn't
care about money.
He probably cares a hell of a lot more about.
what people think of him, how he's perceived, then some investment, or a chance to make more money
that what he can't spend. So when you look at these guys like Elon, right, and Driesend,
Theol, you think money motivates them? You're nuts. You don't understand money. Granted,
I wish that they would take a page out of the book of the great men.
that came before them because now all they are is just nerds with money that makes me sad you know
Elon wants to go to Mars because he wants to go to Mars not because he wants humanity to be a space
fairing nation right or America you know to dominate Mars as our next like he will that is tertiary maybe
He wants to go to space because Elon Musk wants to go to space.
So the one thing that I wish that our rich nerds would look back in time and see,
and I understand why they haven't, because the history of these men,
what these men were really like, has been hidden.
The only reason I know about it is because these are family stories.
Like, Pete, you know a bit about me and my private life.
this is relevant to me
and that's why I know it
so I can't get angry at anybody
for not knowing what these men were actually like
when everything that's written about them is a fucking lie
but now that we're starting to clear up the record
right looking back with clear eyes
and sound judgment
and a level of discernment
that we did not previously have
until certain
ethnocentric
machinations were revealed to us. However, I mean, we each got here different ways. But now that we have,
we need to hold our elite to a higher standard because if you have $50 billion, it's not about
you anymore. Right. Back to that four-letter word that is the founding, the central pillar of our
society, right? We live in the house built for us by better men. We just fucking live here.
We didn't build it. They did. We just get to hang out in it and stop people from tearing it down.
But when we compare ourselves to them, these men, our elites don't stack up that great.
Our rich men are just rich men. And that's sad. So I hope.
that they familiarize themselves with these great men who've been slandered to just
an insane degree and how much they've been slandered should tell you a lot about how great
they were.
I don't want Musk to build a public library in every town like Andrew Carnegie did.
I don't want Peter Thiel to build 2,500 churches.
in every city in America.
Because that's already been done.
But I want them to look...
Sorry, I suck at swallowing today.
I want them to look at these men for inspiration to do something different.
I don't dare I say better.
It'll be hard to do, you know, one-up of these guys.
But it's a worthy pursuit.
And I bet you America in the state it is now, if you look at how it's embraced Donald Trump, we are desperate.
Like, desperate doesn't, like, it almost isn't like a strong enough word, but we are desperate for nobility.
And if you look back in the time that this was happening, America loved these men, right?
You can be a rich nerd, cool, like nobody knows you.
This is why you're scared of dying.
You're throwing millions and millions and millions of dollars into biotech research to squeeze days and days of more life because you're scared of dying.
If you know you're going to be remembered and loved.
For what?
Like it's 200 years almost and we're still talking about it 100 years and we're still talking to these men we'll be talking about it for another 100 more.
Like you're immortal.
You don't have to be like that guy who's like sticking his dick in a freezer.
Right, whatever his name is.
Something Johnson.
A fitting name, right, for a guy trying to reverse his age.
A fucking hubris.
The pride.
But really all it is is just he's scared of dying.
Probably because he's going to have to meet God.
And when that happens, he's going to have to tell him what he did with the most precious gift that he was given.
And he won't have much to say.
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This is part of the reason and a lot of the reason.
I would say probably if you really want to look back on it,
the majority of the reason that you're not allowed to live historically anymore.
That you're not allowed to, I mean, if you're not allowed to,
if you're dissuaded, if you're told it's wrong to look upon your ancestors,
and have pride in them and know and celebrate their accomplishments,
how much less are the accomplishments of people, you know, you don't know.
So it's just another mechanism for destroying our civilization
and destroying what came before us,
making us believe that everything that happened back at this time,
oh, this was such a terrible time to live.
There were these people who all they wanted to do was get rich
and they would do anything to gain wealth and gain power.
And then when you look and you find out that they saw what was coming down the line,
they saw the takeover by a foreign entity.
And they tried to do everything they could to stop it.
And it was only because of a soldier who,
killed Haitians and you know actually in the field serves his country well from everything I've read
but when it came down to it he was a fucking commie yeah and he sided with the commies you know it's
funny is that a rare bit of justice was served he lived to regret it he lived to see it the thing
that Smithy Butler was so desperately afraid of
was World War I happening again.
And the very man that he betrayed to FDR
were trying to stop the thing that he was so afraid of.
And he sacrificed all those men.
Right?
What happened to Father Cochlin?
What happened to Henry Ford?
Right?
These men were killed, right?
Just like the guy freezing his dick off right now.
He's scared of dying because he doesn't have a legacy.
He's never going to have immortality.
So they killed these men's memories off, which I think is far worse.
And Huey Long, and Hewee Long, they killed.
Yeah.
They assassinated.
A tribesmen, a tribesman assassinated him.
There is a
Without talking to myself
I think I've told you this Pete
But there is a
Very widely shared suspicion
And rumor in my family
That a similar man
Of a similar time
And a similar mission
Was also killed
There was a lot of killing
I think that was done
In the lead up to World War II
To make it happen
I think it's
no different than what we saw in the 60s, right? If these people are willing to kill to keep
that little place, we have to assume that they were willing to kill to get it. And Smedley Butler
got to live long enough to try and give speeches against FDR once the man did what he, because
remember, like FDR, it was campaigning.
on not taking just like
fucking Wilson
campaigning on
what was Wilson's campaign speech
I will not be sending our
or his campaign slogan
like we won't be sending
our boys off to
some war
right
his re-election thing was
Wilson
he kept us out of war
for his first term
but what he didn't tell everybody
is that he was already planning
and getting us into it
He just needed his second turn.
And that's what FDR did.
So the man that Smedley Butler
saved and betrayed men that trusted him,
he saved because he bought
that FDR actually wanted to keep us out of war.
And less than two years after he did it,
after he betrayed all these men,
he lived to see that they were right
and that he was wrong.
So I don't know what Smedley Butler's death was like, but I can't imagine it was good.
Because I believe, like, at the point that you're dying, right, as, as that's happening,
kind of the veil things between our world and theirs.
And from what I've heard, from what I've read in accounts, that how a man, like, you know,
if a man lives a certain way when he dies, his flesh will begin to be clawed at before he actually
passes. This is why some men die screaming. And if you live a different way, that doesn't happen to you.
In fact, the opposite happens to you. There are those that die smiling and calm and happy,
content. And I don't think he was content when he was content when he.
died because hundreds of thousands of American boys were being turned into mulch because of him.
America would never be the same again.
It would be, I don't know, trying to think of a better word than, you know, like the body snatchers.
But that's what happened.
All because of him.
And it was pride.
If you read and encourage everyone to, after Smedley Butler gave his testimony to the Senate,
he did a public announcement kind of like Roosevelt's fireside chat, the TV and the radio
was just like a thing.
And it's recorded.
It's really good.
At least the recording quality, this is really good.
And you basically see this man.
so proud of himself for what he did and like you could just you could just see this man
this he was fucking smug like I did this because I'm a great American and da da da da da da da da da
it just smacks of pride it's it's really kind of painful to watch and anyways he
thought that it was his you know he was saving the country by turning in these traitors
It was like, you know, it all hinged on him.
It turns out he was the one that handed the country over to monsters,
the monsters that these men were terrified of.
Enough to where they would reach out to their sworn enemies,
and their sworn enemies would reach out to them.
And they would come together to try and fight it.
And he was too fucking stupid to ever think.
Because before he did turn to the,
And then before he did go public, he did spend probably the last six months before he brought
the, like he even brought in like a journalist friend to document it, you know, these meetings
because he needed an extra credibility.
He thought nobody was going to believe him.
He was literally planning like his book tour, basically.
He brought a writer along with him to document, you know, his detective work in,
finding out who all of these people were.
You know, he literally thought he was, you know,
James Bond hadn't been invented yet, but anyways.
That's the guy.
And so many of our, I wouldn't say our guys entirely,
but I do see it occasionally glorify this man.
They all go around talking about, you know, war is a racket.
No, war is a diversion in this instance.
Smetley Butler didn't see the racket.
He was the useful idiot.
So I don't want a man with that just deficit of judgment to tell me what is a racket and what is not because he clearly can't see one when one is staring him in the face.
So I don't think Smedley Butler is qualified to tell any of us anything, except I guess.
guess, how to blindly betray your country and sentence the nation's progeny for three generations
to vampirism. Because that's what happened. After these guys were gone, nobody, no rich men
built any more churches. No one built public libraries anymore. The whole concept of a public library
didn't exist.
Like there were university libraries
that sometimes people, regular people,
could go to.
But the idea of a library,
of building just full of books
for you and your small town in Minnesota,
just for you.
Why?
Because you're an American.
That's why.
You deserve unlimited knowledge.
We want you to have every book there is to have.
And if it doesn't have it, tell the lady at the counter, and she'll get it for you in a week.
Like, that didn't exist anywhere.
And it never existed again, thanks to him.
Because no rich men after this ever did anything like it.
Because the type of men that were allowed to be rich were different.
They sure as fuck weren't great.
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Well, you know, it's also when you, even if you do have,
have the idea to do something knowing what's going to rain down upon you.
Yeah.
Yeah.
What's your incentive to be great now?
Holy hell coming down on you?
Like that's American policy now.
We tear down those that are great.
Because their greatness exposes the weakness of everybody else.
So they must be destroyed.
And so Pete, you know that I have like a,
a friend that was a, you know, a political person, a long time, you know, person in Congress.
It was a vehement anti-Trumper.
Yep.
I know.
Yep.
I know exactly you're talking about.
Yeah.
And do you want to know why he, I already told you why, that this man went from the most vehement
anti-Trumper.
He has quite a platform.
to the, I would probably say, no man in D.C. believes in Donald Trump like this man.
And this man has known politics since he was like 12.
He was involved in, like, literally involved in like, you know, staying at the YMCA.
Everyone would know this person.
Everyone would know this person's name, even if you weren't alive when he was, you know, in a very prominent
position.
Yeah.
This person said, when asked by other people of like, similar stature, why, how he could
possibly support Donald Trump.
And when we're talking about holy hell raining down on you, you could say whatever
you want about Donald Trump.
But this guy said, I've studied, like, I've studied and been a part of politics, an American
politics, all of my life.
and I've never seen any presidential candidate, any president do what Donald Trump has done.
He said it's like something out of a history book.
Yeah.
Donald Trump, after his first term, could have, and this is why this guy didn't, wasn't a big supporter of him until I would probably say the lawfare started.
right when all the court cases the felony started just raining down on Donald Trump that's when this guy had his conversion
because he said that every single president of his lifetime he could pretty much kind of guess all of his act like all
how they would act in any given situation any adversarial situation he said I never
never guessed what Donald Trump did.
He's like Donald Trump could be,
he could spend the rest of his days
out on one of the many beaches he probably owns
outside of Mara Lange, which is on the beach.
Or he could be playing golf at any one of the resorts
that he owns, that bear his name.
He could be in beautiful castles,
stunning beach resorts
being served on hand and foot
surrounded by his big
gorgeous family
right
his beautiful wife
like Melania's hot
his gorgeous kids
all of his sons are fucking studs
his daughter's hot
like just
cranking out
even more handsome grandchildren
just a man at the pinnacle of success surrounded by loved ones all the time.
And not only is he risking all of that, as he put all of that on the line,
but not just him.
Because not only will Donald Trump be destroyed and everything stripped away from him,
this political guy knows it, I know it, Pete knows it, you know it,
that they'll destroy his kids too.
They'll probably destroy his grandkids.
They may not throw them in jail like they would him,
but they will strip away every single bit of inheritance they would have gotten.
Every dollar, all the legacy.
I can't even imagine what Donald Trump's kids would be like if he lost.
Like what their life would be like.
Because it's not just like not being rich anymore because that wouldn't be it.
It would be weird.
worse than that. The regime is sadistic. The regime hates. Like, we hate the regime, but that's,
the regime started that. We didn't start that. You know, they hit first. But they hate, the regime
hates nothing more than it hates Donald Trump. It would destroy his kids, his grandkids,
and this man is willing to put it all on the line.
Not for any reward, right?
Like Donald Trump's life doesn't get better.
He spends the last couple years basically working for shitty pay.
Not fucking golfing in resorts or like chilling on some fucking beach.
The White House is shitty inside.
Anyone who's been inside, it's an old building.
It fucking smells like it.
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Right, it's gross. Because he believes that he can make America better. That's why.
He believes it. Whether you say like, oh, like, you know, he's he's compromising this way or that way,
whatever. Like, that's your opinion. In certain parts, I'd probably agree with you.
But he believes that he can make the country better.
And he is willing to risk everything in his life and his children's life, his entire legacy, that immortality that we were talking about.
Yeah, that's gone.
They will destroy him worse than they destroyed any of the men that I mentioned.
And that's what made this man a convert.
He's the most vehement trumper I've ever met.
More than me.
Because he knows history more than me.
He knows political history more than me.
That's why.
And if Donald Trump can do it, you know, this fucking kind of, you know, rough around the edges, you know, not exactly.
It's a good thing Donald Trump own, you know, built and owns a lot of country clubs because he fucking wouldn't get invited to many.
All right.
He's from Queens.
He's kind of boorish.
at least from the standing of people that run country clubs.
So if he can do it, if he's willing to be like this,
I think Elon is just starting to get there.
But every single one of those men, the men that we talked about,
they would do what Donald Trump did in a heartbeat and most of them did.
And they were just businessmen.
They were just rich guys.
So if you're a man of mean,
it's your duty to do what Donald Trump did.
Just like every single one of these, there's a listener that Pete, Pete told me about.
And I'll close this off on him, even though he went to a prep school that was the school he went to should make him my sworn enemy.
because his school was the sworn enemy of mine.
We had men that would be like Mike Frederick T. Davison or F. Truby-Davidson, depending.
All right.
Let me talk about like American aristocracy.
This guy was one of them.
He's a Yale guy.
I won't hold that against him.
All right.
Skull and Bones kid.
like probably the most privilege of privilege classes and even you know even as a kid and he wouldn't
have been able to do this unless his parents didn't think it was his duty so davison was the founder of the
yale the first yale unit or first yale air unit so when i mentioned that those young men
in the previous episode that had everything, right?
Not a, the world was their oyster.
What did they do when America got into a conflict?
And what did their, what did their fathers do?
Because their fathers were too old to fight when World War II, or World War I came around.
And now every single one of us would not let our children anywhere near or
recruitment office. But this was different times and these were different men. So Davison was the founder
of that air club that I talked about, right? America's first Air Force was young men from Yale and their
personal planes. Right. And most of them didn't come back. Luckily for us, Truby did come back.
But I bet most of his friends didn't. So we had elites.
that made sure that their sons not only served, but served in combat, led men.
So these great men were willing to risk their legacy, their offspring.
It doesn't say I'm pretty sure troopy was probably the eldest son,
because usually when young men go by their first initial and their middle name,
usually it's because somebody else in the family has also named that right like jack is just
short for john and john j p morgan his dad was peerpont so he didn't want to go by john pierpont
he's won't by j p i imagine mr davison it probably it probably worried him sick
sending his boys
to war,
especially something as risky
as a fucking airplane
back in those days.
But I bet you he didn't think twice about it.
Just as like
an early 20s,
Truby Davison
didn't think twice
about taking his plane
and his friends.
Most of the first
Yale Air Unit
was comprised of
young men that were
in skull and bones or scroll and key, which is a similar organization at a different school.
These men could have known whatever they wanted, and what they wanted to do was their duty.
And that's what their parents, their fathers wanted.
It was more important that their sons did their duty than their sons stayed alive.
Because most of those men, right?
The Raskins, the Smiths, the DuPonts,
They knew that some of their boys were not coming back.
And they did it anyways.
Now, our elites, our elites send other people's kids to die.
So I just hope some of our elites now, the elites that have realized what time it is,
that they hold themselves to the standard of not even just guys like Truby or
guys like
Raskin
DuPont or Carnegie
or Morgan
or Rockefeller
like those are big
mega shoes
but to hold themselves
up at the same standard
as Donald Trump is doing right now
like a real estate developer
from Queens
is making every rich guy
look like a coward
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Well, you know,
you would hope that those people are out there and that they're
thinking about it and they're making plays.
I guess we shall see.
Because,
I mean,
one of the points of the old glory club is to identify and raise up elites.
And it all starts with elite thinking.
Yes.
And that's what people, that's what a lot of people don't get is you don't have to think
like you've been taught.
You don't have to think like the cog that school, you know, I was lucky enough to go to prep school.
You know, to start my secondary education in a pretty prestigious prep school.
And it gave me an act.
attitude. It basically gave me it, it gave me an attitude. It hasn't always been the best attitude.
I've been able to reel it in. Yeah, but I've been able to reel it in. And most people just don't get that.
You're not getting that in a classroom full of, you know, my classrooms were 15, we're 10, 15 people.
You're not getting that in a classroom full of 40 and 50 people. And the teacher, you look at the
teacher and you're like, shit, I'm smarter than that person.
I'm assuming a lot of people who are listening to this
did the same thing as me in school,
especially in high school, definitely in college.
Oh, wow, I'm smarter than this person.
This person's a moron.
And, yeah, there's nothing wrong with that.
There's nothing wrong with that kind of attitude.
No, I bet you the attitude that you're talking about specifically
was that the rules don't apply to you.
The rules apply to other people.
All right.
You know, the people dumb enough to follow them.
Like the people don't have to color, color, you know, within the lines.
Like, okay.
But yeah, we, we're, the one thing we're really good at, I would say as a thing, I guess, is meaming things into existence.
All right.
Like, we are setting.
I mentioned this on Jason's podcast.
everybody should go listen to
Jason Marichick's podcast
he's got guys much better than me on it
like Dark and Lightning.
It's just a
brilliant resource
but I mentioned
on his podcast that
even though we don't realize it
we're too dumb to realize it
we've been losing so long
we don't even see more winning
we're driving the cultural zeitgeist
and if you don't see that, you're foolish.
Right.
The culture is coming to us.
I could probably waste another hour and a half of Pete's evening,
giving you examples of doing that or how it's doing that.
But I think you can already think of some yourself.
So if we're setting the cultural tempo,
if we're setting the narrative that the other side has to fight against,
And we're really good at meming things into existence.
We need to meme.
We need to propagate.
And we need to carry ourselves accordingly.
We need to bring back duty.
And there is a very unhealthy attitude that because the system hates me, I hate it, and I have no duty to it.
And that's a wrong way to think about it.
the system, this nation, and I may disagree with DE on this, right, but that's my flag.
When I look in D.C., I see my buildings.
When I look at this country, I see mine, my country, the people that are in it.
mine. These are my people. And just like the people that worked for guys like Jack Morgan,
if you're listening to this, you have a duty to them because they're your people, right?
You, like Pete mentioned, were probably smarter than everybody in class, probably smarter than
the person teaching you. In a better time, you would have ended up in a better place,
but we don't ask for better times. And we don't ask for better times. And we don't ask,
for easier jobs. We don't ask for, you know, an easier go at it. So these are your people.
The institutions are your institutions. The buildings that they occupy are yours. Just because
some guests have long overstayed their welcome doesn't make the guest house no longer your
house, in your house, are yours and your responsibility, whether it's the people in North Carolina,
whether it's the people that are less fortunate in your community. You need to act accordingly,
right? Aristocracy isn't about thinking you're better. It's about making people that are
your responsibility better. Give them the ability for self-actualization.
to be the best, that they can be with the gifts that God gave them.
That's your job.
If anybody tries to hurt them or take away their ability for that actualization,
it's your responsibility to make sure that doesn't happen.
We need to be shepherds, not edge lords.
We're better than these people.
Not because we think we're better.
Others will think we're better because that's because they're going to be watching what we do.
we're just going to be better because we are better.
I think we need to, I think we're in that stage of the game that we need to start
taking ourselves quite a bit more seriously than we do now.
How we act in our communities, how we act in our day-to-day lives.
Because very soon, I mean, if you understand Rogers' theorem, it's how social networks work.
It's how technology works.
It's originally used to model the propagation.
of technology.
It's very important to tech entrepreneurs.
Every tech guy or any founder at least knows what I'm talking about.
Elon knows what I'm talking about.
I guarantee it.
Because as you're planning your tech company out, right?
It's very important that you understand about
how quickly those ideas, right,
your new way of doing things, your new piece of technology
propagates throughout society.
Like somebody's come up with a new solution that saves a bunch of time.
Okay, well, how long does it take for the rest of the population to understand that this new solution is the better way of doing things, this platform, whatever it is that you built?
Right.
How fast those ideas travel will give you an idea of how much capital you need to outlay.
How much needs to be spent into growing the platform, how much needs to be spent in bringing on new team members.
What are you going to need?
Roger's theorem is important.
It turns out it's applicable to not just technology.
but ideas.
It's a very good way to model how fast ideas
propagate through society.
And the magic number of the point of no return,
I guess, before the curve becomes parabolic,
before the system becomes nonlinear, I guess.
I may have to do some house cleaning.
It's late.
I haven't eaten since yesterday,
but I think it's like 13%.
13 and a half, something like that.
And I'm sure everybody listening would agree.
Pete, do you think that 13% of the population knows what we know?
I think it's got, I think especially over the last year,
if it's not 13, it's damn fucking close.
Yeah, I would actually think it's more, to be honest with you.
Because Twitter is just whatever, whatever the conversation is on Twitter,
is the conversation in Normandy Land six months later.
Okay, so hypothetically we're past 13%.
That means the knowledge that we have,
the idea, the way we view the world,
is eventually, right?
Not hypothetically, not possibly is going to be,
the idea that everyone has, the thinking, right?
The realization.
Right.
So our worldview becoming the dominant worldview,
It was a fate of complete.
The idea is out of the barn.
It's coming.
So that means whether it's a year, whether it's five years or ten years,
people are going to need men like you to be men like we had a long time ago.
Because if the rest of the country is coming to where we are,
right?
If you have a whole bunch of people coming to a party at your house,
like they haven't arrived yet,
I think you probably should get dressed,
have the table set, you know,
get to looking like the man of the house.
Yeah, yeah.
I think that's, uh,
let's just end it right there.
I think that's the spot.
Yep.
Till next time.
yeah until next time man thank you very much and um yeah hold on don't go anywhere because we're probably
going to talk for another hour without recording yourself probably thanks man air grid operator of
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