Trillbilly Worker's Party - **UNLOCKED** The 10th Ring Of Hell

Episode Date: June 17, 2026

Removing this one from behind the paywall due to popular request. We talk skull & crossbones, kerosene, flintstone vitamins, Eddington's everywhere, SpaceX IPO sham, and why the world's oldest public/...private partnership will soon give us the 10th ring of Hell. For more content like this, subscribe to our Patreon: www.patreon.com/trillbillyworkersparty

Transcript
Discussion (0)
Starting point is 00:00:00 First off, I'll start with. Terrence, don't be so hard on yourself. You know where Camp Branch is? I do, yeah. So I had an uncle that lived over there that raised honey bees when I was a kid. I also got stung. That's how I found out I was allergic to bee stings is when I went out to help him with the honey. Because he would freehand it.
Starting point is 00:00:57 You know what I mean? He didn't have the suit on him. He was a beekeeper, but he didn't fuck with the. That's so tight. That's baller. That does kind of suck, though, that getting stung by a bee is one of those things where you only have to, like, have it happen to you to know that you're, like, allergic or something, you know. Camp Rance tried to kill me twice, and then it demoralized me as a human being another time. More on that later.
Starting point is 00:01:20 But I went out there, you know, with him to do the honey, like get the little whatever you call them out and all that kind of shit. And I got descended upon by a bunch of honeybees. and went in to anaphylaxis had to be, you know, rushed all the way back to the Watsberg Hospital, which is not, which is a pretty far high, honestly. It was dicey there for a little bit. I do recall just kind of drifting in and out, you know. I wouldn't say that I saw the light, but I saw something resembling the light. How old were you?
Starting point is 00:01:51 God, I was probably four or five. That's not even the main story, though. The following year, you talk about just like, you know, they feel bad about whatever kids getting in the stuff. I had wandered into the shed at my uncle's house over there, okay? And I don't even know why I did this because kerosene's not even appetizing or refreshing in any way.
Starting point is 00:02:15 But they had a red jug of kerosene, you know? No, I was just going to say one of those things that you smell, you instantly know, that this is not, you know, fit for consumption. One would think. Yeah. One would think. I just, the red, the red jug, though, it does kind of make it look appetizing.
Starting point is 00:02:32 But what about the skull and crossbones inblas on the side? It's kind of appetizing. It's kind of piques your curiosity. Well, it could have been like an edgy thing that the company was trying, you know, for kids. Well, listen. Listen, listen, I appreciate what you're trying to do right now.
Starting point is 00:02:51 But there are things ingrained into us as human beings like shapes and like signals and signs. And I think we've been using the skull and crossbones says, do not tread here for longer than I've been around. That wasn't something they sprung on us in the spring of 89, you know? So, you know what I did? You know what I didn't? I said, bottoms up.
Starting point is 00:03:15 I just drank you right out of a red fucking gas can. And then I started like, and then like, of course your body starts, like, no, that's not supposed to be in here. I started going. I stumbled back disoriented to the house and try to get somebody's attention, but I can't really make any words up. And they're like, what the f? And then all of a sudden, they got me splayed out on the hood of a 1972 late model Ford.
Starting point is 00:03:46 And like a bunch of adults standing around me, and they're like, is he going to make it? And they called the Poison Control Center who said to, for me to, I can't remember if it was, I remember they gave me milk and popsicles. and a lot of it actually. Like, I would chug it and then they'd be like, nah, more, more, more, I think we'd need more. They gave you treats after it bivoc is dangerous.
Starting point is 00:04:11 Yeah, it's like, well, and then that was kind of a dicey thing because that should have alerted the reward center in my brain, you know what I mean? Which probably had something to do with the next year. I ate a whole bottle of Flintstone vitamins. You mean like it's a Pavlovian thing like you, it got ingrained in your brain
Starting point is 00:04:29 like when you eat poisonous things, you get drinks. When you have a near death experience, you get rewarded afterwards? You get rewarded. I had a kind of, I'm betraying myself as a freakier, but I developed a perverse interest in things labeled with the skull and crossbones. I remember my mom kept a can of red devil varnishing the thing,
Starting point is 00:04:50 and I was already kind of like mystified back because it had like the devil on it with a pitch fork. I was like, oh, that's cool, that's kind of cool. but it had the skull and crossbones and I'd never ate that but I opened it up a few times and gave it a whiff I wonder if there's a version of dyslexia that has to do with symbols
Starting point is 00:05:08 like common symbols that we use every day instead of words so somebody would look at the skull and crossbones and be like no that's healthy and perfectly fine is it yeah I feel like this is like Umberto echo's entire Ovoa right like his whole thing is semiotics right right I just the skull and crossbones also is used by it's a very wide application.
Starting point is 00:05:30 Pirates, right? Pirates. Yeah, you could have thought that was a pirate drink. Pirates, but also Free Corps in Germany after World War I and by the Vermacht in World War II. Okay, we need a whittle down who's able to use the
Starting point is 00:05:43 Skelly Crossbow as if of what purpose. That's a big too big of a tent. We don't need that big of a Jolly Roger tent. Maybe that's what you thought the red jug was. You were like, oh, this is Nazism. You just watched Indiana Jones You're like I'm gonna
Starting point is 00:05:59 Strike a blow Strike a blow to not to But why did I develop a fascination With getting into stuff Like I remember finding like my grandmother's pill bottle And thankfully I couldn't open Because I tried to do some of those Because you see adults like taking
Starting point is 00:06:14 And you're like well I won't be an adult So I'll just take this You know what I mean I had a hard time with pills as a kid Which would turn out to be an amazing irony but I could not I could not swallow them It wouldn't be for long
Starting point is 00:06:30 I couldn't swallow them I remember like you know having an entire day where I was supposed to swallow this one pill and I just for hours on in like I just couldn't do it
Starting point is 00:06:42 Wasn't a diversion about having something like that swallow it down your throat? I think so yeah you had a hard time ingesting pills yeah well until you got to be about 21 Yeah.
Starting point is 00:06:56 Really like 16. And you figured it out real quick. Well, I was like really like it's like 16. It's like they give you. It's really wild. All I got to do is crush them up and put them up my nose. That's way easy. Well, it's really wild to me that they gave me.
Starting point is 00:07:12 I was on antibiotics for like three or four years for acne. Isn't that crazy? Like that's like a bad societal problem. We probably shouldn't be giving. Dr. Scycline for acne? Yeah, doxycycline. Like millions.
Starting point is 00:07:23 of people just doxycycline every year for acne? That's probably not a good It's like you're solving one problem and creating another, you know? Like just destroying your gut microbiome but Skate looks great. Well, it really didn't work that well though.
Starting point is 00:07:39 Still had acne. So I don't... I wonder why they wouldn't... I mean, maybe for nefarious purposes, but you know, but why not? Just like, there are topical solutions for that, you know? That don't involve swallowing pills, pill popping. They had like acutane and stuff. They have their problem where they ran afoul
Starting point is 00:07:55 is their choice in pitch man. Sean Diddy Combs. Oh, boy. Really? Not aged well. Yeah, Jello had the same problem in the 80s when they made Bill Cosby to pitch man. You got to be careful.
Starting point is 00:08:08 When you pick a pitch man, you got to be careful. Also, it's bad enough because, like, Jello is just literally, like, ground up bones. Yeah, yeah. You know, like, that tick, that bites people and makes them allergic to meat can make you allergic to Jello, because it's anything,
Starting point is 00:08:23 mammalian-based. It's like the gelatin, I guess, right? Yeah, gelatin. Have y'all noticed any... So you can't, like, eat chicken or any stuff like that, too? It's like all... No, it's chicken's not a mammal. So do they make vegan jelly?
Starting point is 00:08:39 I guess they make vegan jello. I think you can eat chicken. You can eat fish. You just can't eat anything mammal derived. So no red meat, no pork, no human. You can't eat human Can't eat roadkill Can't eat roadkill?
Starting point is 00:08:57 Can't eat roadkill? And can't even malagian roadkill? Dude, the overlords that are seasoning us with Kim Trails Imagine one of them gets bitten by that tick that makes you allergic to meat.
Starting point is 00:09:10 Like he's going to be so... Their whole plan is fucked up because they can't eat They can't eat us now. Let me ask you a question. Do you think there's an element of that? I was talking to a friend the other day about the meat allergy tick thing
Starting point is 00:09:23 and it's like do you think the tick is actually trying to like know something about like beef consumption it's like I got to save these fucking idiots from themselves they're all going to die of heart disease so like do you think there's something in the in the sort of ebb and flow of the the earth and like zoonotic illness and so I'm rereading the book on rabies and there's some interesting insights into this in there that I kind of missed the first time when I was looking for the more salacious bits. about like zombie lore and stuff. But like, do you think there's like correctives that seem bad on the surface of it,
Starting point is 00:10:00 but like maybe serve a sort of evolutionary or like corrective purpose? You're reminding me of the M. Knight's Shyamalan movie The Happening, in which there are worldwide suicides. People are just killing themselves in the street in the most gruesome ways. And of course, you know, given the Shaman, the twist at the end of it is that plant. The classic third act Shyamalan twist. Yeah, which sometimes works out and oftentimes doesn't. And I often times in bricks.
Starting point is 00:10:29 He does. The twist is everyone's really depressed. And like, that's the twist, brother? I walked into this movie, depressed. That's all you got. That's your insider. But to your point, don't talk about this environment, you know, employing these corrective measures. In the movie, they find out that plants are releasing some sort of.
Starting point is 00:10:51 pheromone or chemical that causes human beings to kill themselves because we're destroying the environment. Are you serious, dude? So, like, when fitness guys are like, you shouldn't eat vegetables because they produce these, like, phytochemicals that, like, are bad, they're like, they stole that from they stole that from shamanl, which makes total sense. So, oh, you shouldn't eat, you shouldn't eat, you shouldn't eat pineapple because of bromelah, you shouldn't eat broccoli, because it's like stuff that's objectively good for you, but, like,
Starting point is 00:11:19 might be like in some people be mildly irritating or something. You know, they're like, no, you shouldn't do that. Oatmeal. The tick thing is, I'm going to get it wrong, but it has to do, it's a molecule. It's not a bacteria, it's not a virus or anything like that. It's just a molecule that they have in their saliva or something that once it combines with mammalian blood triggers a, allergic response and it's only a certain breed of tick I remember which one it is okay good I thought you were for a minute I thought you meant all ticks no it's like I think
Starting point is 00:11:59 it's just I think it's just the deer tick okay there tick gets bad rap he gets a lot of apparently he's a vector for some pretty so you mean so you mean maybe if if evolutionarily things went differently and you didn't have deer ticks that dears could be carnivores but it's actually I've been informed it's the lone star tick the lone star tick the lone star Lone Star to Which one gives you Rocky Mountain Spotted Fever? Is that the long star?
Starting point is 00:12:24 I think. Well, they had this guy on NPR the other day who was explaining in a very like timid cowed voice. He was like, he was like,
Starting point is 00:12:37 I just think we should really all learn the different breeds of ticks. Like he was trying to make a case that like everything's fine, everything's normal. We just need more tick literacy in the population. I don't disagree.
Starting point is 00:12:52 I don't disagree either. I think he should say it with his whole chest, but, you know. The way he says it, though, makes it sound cryptic, as if something unfortunate is about to happen regarding ticks that we need to be warned about. The way people have been talking this, you know, summer's off to an early start, but the way people have been talking about the summer,
Starting point is 00:13:08 they've got new ticks that have been dropping. No, they drop a new ticks. That's what they're said. It should drop smaller ones. Even smaller? That can then latch on to the bigger ones. A small tick Rodding a bigger tick
Starting point is 00:13:23 That's true It's like You put the little tick on the bigger tick And he takes out all the bad stuff That he's putting in you We fight ticks with ticks Yeah And then we befriend
Starting point is 00:13:33 And smaller ones And they can give you your blood back Yeah You go pal Yeah They spit it in your mouth Like a bird Like vomiting up its food
Starting point is 00:13:41 Into a People lining around the block Out of some building To get their blood put back We're gonna have that In the future Like you're you know, like in Mad Max Fury Road, they had your blood boy.
Starting point is 00:13:51 Like, you're going to have your bone blood bag, but it'll be like a tick that's like the size of a fucking, like, no-failant-ass tick. It's like a gatorade. You have to have to carry that guy around, and he's just like, that's your blood bag. That's my guy. He pumps blood bag. Yeah. Yeah. Ain't nothing wrong with him.
Starting point is 00:14:11 He's just a parasite. Oh, that's just my tick. Yeah. Well, you know, they, yeah, they've been talking about these. new ticks and stuff. And like, also tick literacy, what's happening with it is I've noticed a lot of posts saying, you see an engorged tick on you, don't pull it out like that. Because they always told us.
Starting point is 00:14:29 I've been seeing that too. They said they get nervous and dump their load back in. No, I'm not. They vomit their shit back into you. Yeah. Like, oh, you're going to kill me? I got the last laugh, bitch. No, no beef for you anymore.
Starting point is 00:14:42 Mm. Nah, that's when you become tick, man. Did you all have tick protocols? Take protocols? Take protocols? Yeah. Why can't they have one that like bites you and it makes you allergic to hate and prejudice? It makes you not.
Starting point is 00:14:57 Maybe we'll find that's what's happening with these new ticks. It's like they bite you and all of a sudden the Klansman gets bit and all of a sudden he's rethinking some of his retrograde ideas. You know the Klan used to be gay as hell back in the time? They did. They used to like, they used to like, they used to like, they used to like, they used to. have like names for the months of the year and they would call it like the month of like
Starting point is 00:15:23 mellow fruitfulness or something like that did they have a pride month they might as well have with some of these names I forget what they were go look up like the clan's names for months I want to Google this it would be funny if Pride Month originated with a clan that would be a real conundrum for a lot of people
Starting point is 00:15:38 and they were like no we met white pride one okay peep this The Ku Klux Klan created a secret KKK calendar. In it, the months of the year were renamed to sound intimidating. And what's kind of interesting is, hold on a second. Wait a second.
Starting point is 00:15:59 No, before it, they had like gay-ass names. Are you sure you didn't just like hallucinate this or something? I mean, this happens to me. I had a dream about Israel last night. And I have dreams about Israel pretty often, actually. So maybe that's the thing. maybe you had some kind of like politically inspired dream. Well maybe you're like half remembering Infinite Just.
Starting point is 00:16:22 Weren't the names of the year subsidized by corporations? The Depends underdala. The year of the Purdue Wonder Chicken. Yeah, yeah, yeah, yeah. Let's say what we got here. No, they had some. They had some. That's a topical book too because that a character in the beginning
Starting point is 00:16:39 accidentally ingests a mushroom. a child character in just like a hallucinogenic fungus. Oh yeah, that nasty disgusting thing. That clod of like mold. Okay, I got you. I got you here, okay? This is the Ku Klux register, okay?
Starting point is 00:17:01 These were the names originally, and I think what they did was they realized these names were gay as hell for the months, and they had to change them to sound more intimidating. I wonder to know what year they found that they realized it was gay as hell. That would say a lot about things.
Starting point is 00:17:16 It was in the 1940s. This was in the 1950s. When were they like, oh, shit, this is pause. No one more. Yeah, yeah, yeah, yeah. Yeah, well, December's fabulous. Pause. So here was, is, January was dismal.
Starting point is 00:17:35 February was sassy. Okay, immediately as sassy. You guys probably should have been like, all right, hold the phone. They should have went back. the drawing board right there. The March was fast. April was furious.
Starting point is 00:17:50 Whoa. Hold on a second. Fast and furious crypto cleansing. Whoa. Boyciting that movie now. Holy shit. May was portentious. Portentious.
Starting point is 00:18:03 June was wonderful. Gay as long. I do you have poor tencious before. June's wonderful. July alarming. You know, hey, listen, broken clock's right two times a day. It does get hot as hell in July. August cool with a K, cool, K-O-O-L.
Starting point is 00:18:25 K-E-W-L-K-E-W-L-K-E-W-L-K-E-W-T, too-Cool to be forgotten. Where did you find this? I wonder why July is alarming too. That gives nefarious connotations about, like, you know, is this the best time of year to intimidate black people? Like, what's going on? Or when black people are coming outside because it's nice? outside. Well, okay, so
Starting point is 00:18:46 September, September is melancholy, okay? Which they recycled for the next, for the next cycle when they changed the names to be more intimidating.
Starting point is 00:18:56 Uh-huh. October was mournful, November was dying, and December was fabulous. Wait, what is the source on this? I badly need to know the source. I just also want to know
Starting point is 00:19:12 how these names were It was developed by a guy named William J. Simmons. Bill Simmons, huh? Bill Simmons. The Celtics fan. So here's, yeah, the famous Celtics fan. So they changed them to sound more intimidating later. And they were, January was dismal.
Starting point is 00:19:32 February was Mystic. Still a little gay. Oh, come on. It's still dismal? January is still dismal from one to the next, huh? No. Oh, yeah. They kept dismal.
Starting point is 00:19:41 I'm sorry, they kept dismal. February mystic March stormy April peculiar I like they were like we need to be a little more goth than angsty
Starting point is 00:19:52 Exactly Exactly It's too fav Especially with the whole Grand Wizard shit And the kind of Cryptic Orges May
Starting point is 00:20:00 See they reverse course On this one Because I think William Jay Simmons was like We gotta keep a little bit We gotta keep a little pride in there We need a little flare A little gay in there
Starting point is 00:20:09 So May went from Portentious to blooming Oh, man. June went from wonderful to brilliant. July went from alarming to painful. Okay, again, what's happening at the month of July? Those guys are having a hard time in July. Take more poppers.
Starting point is 00:20:30 We'll be at bad. August went from cool to portentious, so they kept portentious and just changed it. September went from melancholy to fading. October went from. went from mournful to melancholy. Eleventh went from dying to glorious. Dude, America's so fucking stupid.
Starting point is 00:20:51 It's like, this organization that just, like, terrorized black communities, like, you know, lynched people, murdered them in their homes. Just like, but having the frutious fucking, like, you know, rituals and names and stuff. Like, we're sassy this month. Let's go fucking kill family.
Starting point is 00:21:08 I mean, like, this may be, this maybe is one of the ones. of the early examples of quirky fascism, something we've covered on the show before. That is true. It is the origins of quirky fascism. Well, in the final iteration, this was the last time,
Starting point is 00:21:21 the last one that Simmons put down. January was bloody, February was gloomy, March was hideous. Wait, wait, wait, wait, wait, wait. Wait, wait, wait. Why did he do three fucking iterations of it? Between how many years was?
Starting point is 00:21:37 I imagine he took it back to the table and they were like, Bill, I'm going to be honest, with you. You're still a little gay. Three revisions. And he's like, what? You don't,
Starting point is 00:21:48 what don't you find fabulous about May? Bill, just, just make it scary. I feel like, I feel like also too, so far, this third iteration reflects maybe his,
Starting point is 00:22:00 like, oh, disappointment and being upset at the fact they had to go back to drawboard. It's just, like, speaking of, like, the skull and crossbones,
Starting point is 00:22:09 you've got, like, out and out just like we'll reduce your entire you know bloodline in homeland to just rubble and bones and that'll be our iconography but in america it's like woohoo like cool like a middle school girl signing the yearbook that's no wonder we have an affinity like a blood pack with israel because they're kind of the same they're also like come to teliv like you can be gay here With no inhibitions. The whole thing is making cutesy, supposedly
Starting point is 00:22:43 cutesy only to them, TikToks where they're mocking pallet dead Palestinians. Yeah, exactly. It's a kindred spirit thing. The last month's bloody, gloomy, hideous, fearful, furious, alarming, terrible, horrible, mournful,
Starting point is 00:23:00 sorrowful, frotful, and December appalling. Dude, they made him cut out all the fab stuff. Like every last bit of it. You know, he went home, dejected as fuck. Like, went home to his wife that night, dejected as fuck.
Starting point is 00:23:14 He was like, they made me take out fabulous. They made me take out brilliant. They're nothing of my original vision remains. He probably put out of whatever version of, like, emo music was back then. Like, the photograph is such a like that. And burning candles, like Edgar Allan Poet. My baby.
Starting point is 00:23:35 Hello, my dark time gal. I'm going to kill myself. Did y'all know, actually, speaking of which, that melody is based off of racist, minstrel French song, actually. Oh, yeah, that makes sense. Man, you dig far enough back. There's something. There's everything we use in probably modern parlance has got something like... It's seven degrees of racism, brother.
Starting point is 00:23:57 But you imagine Bill Simmons going back to his wife being like, the guys think it's that February being sassy's gay. Speaking of that, I was reading this article about... the UFC fight at the White House last night and it was you know written in the New York Times so they were like completely apoplectic about like all the desecration of America that went on there but like one of the one of the paragraphs was like and can you believe it they even had Dana White in the Indian treaty room I was like wait wait wait wait wait there's an Indian treaty room in the White House also just the fact that the White House was built built by slaves. You know what I was just saying? I mean, I don't think there's anything you could do more to desecrate that than build like an octa with an octagon owner or something like that.
Starting point is 00:24:47 Yeah, it's already pretty cursed. Yeah, it's Lovecraftian cursed, you know. Well, they also had a guy on the card that they called the Black Beast that wasn't supposed to be on the card because he's kind of washed. In the sense that he was kind of one of the big knockout artists of UFC, but Trump insisted he'd be on the card. And it's like he's like well past his prime. and he got the shit knocked out of him
Starting point is 00:25:10 because he's old now. But it's almost like Trump had to just have like this like mountain of a black man be humbled as like part of the spectacle or ritual or something. Interesting, yeah. And then the guy that beat him, the guy that beat him got on the microphone on the White House lawn and addressed the crowd
Starting point is 00:25:27 and said, Michelle Obama's got a penis. I just want everybody to know that. Yeah, oh, I saw that. Jesus Christ, dude. I was written, the paragraph in the New York Times says it was all such an astonishing sight for so many reasons. The use of the trappings of the White House for violent cage fighting, the corporate sponsorships, the eruptions of casual cruelty.
Starting point is 00:25:49 At one point a fighter took the mic and made a nasty joke about Michelle Obama while standing in front of the house she once lived in with her husband, daughters, and mother. It's like, oh, man. I mean, look, man, if you wanted to do away with all the decorum, you know, and the sort of mythology that we've created around, like, the White House of the presidency in this country just in general, I mean, like, I think that that event is probably America best distilled, you know. The most violent, like, the most violent country in the world and in history.
Starting point is 00:26:17 And on the White House lawn, there was almost like this sort of reenactment. Like, you know what I mean? Like, comical absurd reenactment of all the violence that's already abused in this country. Like, the tacky version of Rome. Yeah. And it's like, somebody just put this, said this on Twitter. I think it was like a right-wing account, but it was still kind of funny. It's like the same day we made a pact with the Persians.
Starting point is 00:26:37 we, you know, did the Coliseum on the grounds of the White House or whatever. So we are truly wrong. I mean, it's just like this country has to be like, it's mythology has to constantly be reified through violence, right? Well, that's all that's left at the end of the day, right? It's like, it's not a country.
Starting point is 00:26:53 We were talking about this yesterday. Like, it's not a country anymore. It's just a wasteland of like strip mines, oiled wells, data cinders, and various, like, playgrounds for rich people
Starting point is 00:27:09 where they can experiment on poor people. You know what I mean? It's not a society anymore. Think about this, not to just harp on the sports angle, but consider how some of these, like the World Cup's a global event where it's like, you know,
Starting point is 00:27:22 it's in the spirit of global brotherhood and all that kind of stuff. And you see how like, you know, a country gets off the plane in Mexico City and there's a goddamn mariachi band playing the mariachi version of their national anthem. them to them and greeting them with tequila and hugs and all that stuff.
Starting point is 00:27:40 They come to America to a shitty airport that's like actually an hour outside the city that it's supposed to serve. And then they get patted down and like sniff with dogs. You know? It's just like we're just like an inhospitable, antisocial fucking like inflated sense of our own like presence and abilities and contributions to the global stage. it's such a joke you just got to ask the question too
Starting point is 00:28:09 I mean you know I know this is like an unrealistic demand I don't think this is something that will ever happen but you know just countries like Israel and the United States to your point on being allowed into these events that are about like kind of global fraternity right
Starting point is 00:28:23 you know and tennis like you get that all year round and like they're still not letting the Russian tennis pros play under their flag that's fucking insane dude but like the Israeli pros and the American pro is like, no problem. I mean, I think that's the case with FIFA.
Starting point is 00:28:42 Like, Israel got to try to qualify, whereas I don't think Russia was allowed in. I could be wrong about that, but I'm pretty... I think, yeah, I think that's right. I'm pretty sure. I mean, I've watched a few World Cup games. A lot of... I mean, 90% of the ads are for betting,
Starting point is 00:29:02 like, either Drag Kings, Kalshi. There's like one Kalshi ad with, I think, Jose Marino, I think that's who it is. I haven't seen him in years, but I think that's who it is. Where he's like sitting in the stands of a game and he's
Starting point is 00:29:18 like, you know, predicting like what's going to happen next in the game and then he starts predicting what's going to happen next in the players' lives. Like his girlfriend's going to leave him. He'll get to keep the dog, this kind of stuff and like that's the whole premise. It's like, he'll murder her spouse. He'll commit a crime under the
Starting point is 00:29:36 influence of CTE. I do think I do think there's a non-zero chance Travis Kelsey does something like that in the not too much. You're right and there's a non-zero chance for sure. That would put a lot of Americans
Starting point is 00:29:55 in a really, really bad, in a really weird position. Yeah. But that Jose Marino that calls she had, I don't know. There's something to be. be said for like the temporal displacement of the current moment we live in where it's like everybody like wants to live just not right now like yeah i mean i know that's kind of a try point but we're
Starting point is 00:30:18 like live in the moment but like it's just not good for everybody to just be constantly trying to project into the immediate short and near term future like and then trying to like monetize that basically trying to gamify it and make money off of that like that what if i if i understand the Kalshi ad, basically it's that you can bet on any single thing, right? And because it's peer to peer, like they kind of, it's not like playing against the house, so you can actually make money. I think it's just a mechanism designed for like people in government and places that have proprietary knowledge of like who they're going to bomb and what's going to happen to like make a ton of money. But like, God forbid, like, you know, they caught a,
Starting point is 00:31:02 and this is not good. I'm not saying like they should have been nicer to this. guy or whatever but like Donald Trump's also just been like manipulating markets by just saying words and like getting exceedingly richer off of that so like but like when it's like just a service guy that's like will we like invade Venezuelan capture uh you know uh Madura and he like he made like a man off that then they're they're like going to throw him in jail it's like well the president just does that every day though you know right yeah was that thing about Eric Trump Trump fake. Was that like about...
Starting point is 00:31:39 Oh, the Daniel Cormier thing? Yeah, was he... Dude, that is suss as hell because like, Cormier says that he never tweeted that. And Eric Trump was like, this was like an AI fake thing, which doesn't make sense because why would Cormier tweet like AI generated receipts of his DMs?
Starting point is 00:31:59 Like, that doesn't make any sense. It's very strange. I mean, Eric Trump denies it. He says he was AID fakes. I don't know Basically, if you didn't see it, Aaron, it was Daniel Cormier said that Eric Trump was trying to solicit him
Starting point is 00:32:15 for like inside info on the fight so he could like place bets on it. I mean, but again, Disney is to Thomas Boy, doesn't these things kind of already occur? Yeah, they all right, yeah, you don't really need like a smoking gun. Like it's already pretty obvious.
Starting point is 00:32:30 Yeah, like the Trumps are doing way worse than try to see if there's any like inside info on a UFC 5, which most I gotta tell you, I learned this lesson very early in life, and I apparently didn't learn it too well since I've spent untold amounts of money gambling over the years, but I remember my own... Don't drink kerosene?
Starting point is 00:32:49 It's going crossbones bad. There are three life lessons for me. Don't drink kerosene. There's no safe quantity of kerosene, it turns out. Don't eat a whole bottle of Flintstone vitamins, because that was a bad deal, too. And then here's the third thing. It's my
Starting point is 00:33:05 My uncle took us to the horse track when we were young. And he was all the time chatting up people. He was just a very social guy. He was all time chatting up people. And he went down there, like, kind of where they, like, parade the horses around before they get them to go out. And he was talking some of these stable hands. And the guy told him he was like, early fires is on that seven horse.
Starting point is 00:33:25 He's like, and he's like a legend in the game. He said, so they throw him a couple of races a year. He's like, bed on early fires. He's like on this long shot horse. And my uncle took us right to the winter. window and we put all of our tickets on the early fire source and he like and he won like and you could tell like he was kind of coming up from behind and some of these younger riders kind of stiff their horses so he could just like it's like these horses just like hit the brakes out of nowhere and he just like pulled ahead by a little bit and want and then that's when I learned like oh okay especially stuff like the fight game and like you know any sort of sport that attracts like sort of a dirt bag crowd is going to have like fixed elements to it. You know what I mean? I was watching, I'm finally finishing season six of The Sopranos
Starting point is 00:34:10 because I've bingeed it way too much last year. I needed a break. And I'm in the second half of season six where Tony's gambling issues come up. Oh, yeah, dude. And this is also coinciding. The beginning of the crash. Yeah, exactly. It's the beginning of the crash, you know.
Starting point is 00:34:24 It just spirals out, you know. And I was thinking, like, just now, like, yo, he probably would have been okay if he had a couch, you know? And also, why wasn't he, like, clued into some of these fixed bets? Like, he was just losing money. like he's a fucking powerful bar boss but also if he had calcio you know oh yeah he would have done a lot better he probably wouldn't end it up where he ended up yeah what's going to happen to chris motissani you're right there's the thing about being an addict though boys it's like you're sitting there and
Starting point is 00:34:49 you're putting that ticket together and you know something is most likely going to happen and like you would just you would be better off to just leave well enough alone and just bet on that thing but you're all the time trying to see how you can be like hmm yeah i guess miles mcbride could hit a three tonight. He's answering two and a half a game and he hasn't hit one in three games. He's due and then this motherfucker barely plays four minutes and it's like, what was that guy at Texas Tech Tom that was like betting on like Sorsby? And dude, they just cleared him to play again. What was he betting on? He was like bottom of the barrel shit like horseshoe games. He was betting on fucking he was betting on fucking
Starting point is 00:35:27 darts dude. Professional darts and snooker. He's like, Now let me just poll the audience here. I know what Snooker is because I'm a degenerate. Do you all know what snooker is? No, no. Exactly. So like, is it a British thing? Yeah, it's like the average person should not be like betting on shit like that.
Starting point is 00:35:46 So they, he went before a judge to try to get reinstated as eligible. And they, dude, they reinstated him. And it's like, okay, I don't think a young man's life should be ruined because he was gambling or whatever. But like, you can't just let a guy that. has those problems and to that extent just go and participate in something that like that now the u.s. economy is based on outcomes of that there's a little bit of a conflict and interest to say the least yes i mean i think what you're betting on like stag beetle you know fights you know what i'm saying you probably should you don't take a step back
Starting point is 00:36:26 there's these motherfuckers you're going to start seeing shit like it's going to start getting illicit to elicit. You're going to be able to start betting on Filipino cockfights before too long without being actually there. You're going to be how Somm will cast Filipino cockfights in the future. By drone? Yeah. Oh, my God. Yeah, now fly a drone overhead.
Starting point is 00:36:46 That would be the footage. And it'll just be piped into this like closed circuit TV station. It'd be looking like the backrooms, but like with fighting chickens. Oh, God. Well, was there anything else at the UFC? I didn't watch the UFC fine. I didn't even know that the fight had happened, actually. Oh, dude, it was so bad.
Starting point is 00:37:09 It was like, I will say this, the main event was awesome. One of the best fights I've ever seen. Well, Tom, could you watch it anywhere? Like, or was it on, it's still telecast? It was on Paramount Plus, and it just so happened that I was still to subscribe to it because I had to watch Landman Season 2 naturally, and I forgot to hit cancel. So I was like, oh, shit, I've got, wait a second, fuck, they've been getting me for $15 a month for the last three months.
Starting point is 00:37:32 Dude, the mashup of all these events is like, really we're just like taking a survey of the last seven days. Elon Musk is a trillionaire. The United States in Iran came to some shaky peace deal, but it's unclear, like,
Starting point is 00:37:50 how it's going to be enforced or how it's actually going to be, how it's actually going to, like, work out. Until Israel bonds Lebanon or Iran. Exactly. Well, Israel's already been. obstinate. They're like, we don't care if the U.S. and Iran reached a peace deal. We're not leaving Lebanon.
Starting point is 00:38:04 Yeah, yeah, yeah. They've said that explicitly. And then, like, this is in the middle of the World Cup, and then you've got, like, the 250 anniversary of America coming up, and then on Trump's birthday, he has his, like, gladiatorial, I mean, just, like, all of these things, just, like, packed into
Starting point is 00:38:20 seven days. It's just, like, you, I guess, thematically, you could not come up with a better written plot line of, like, severe extreme decadence. Yes, and decline. Decline, right?
Starting point is 00:38:35 But also, like, the World Cup, like, which is, in my opinion, like, the spirit of, like, world competition. And, like, a kind of, like, balancing of the scales in the sense that, like, the global South is, like, you know, able to, like, participate in this. And incredibly, incredibly, incredibly good at talent. Yeah, and exactly. Like, and so it's just, I don't know, it's just a very interesting. It's the summer of sports and SpaceX.
Starting point is 00:39:02 The summer of sports and SpaceX. Yeah. Soccer to SpaceX, you know. Well, the SpaceX thing put, well, I know it put Terrence in a bad way, but the more I think about it's putting me in a bad way because I was with some folks over the weekend. I got my first acting role in a short film.
Starting point is 00:39:20 Oh, hell. Yeah. It's talking to the people. Thanks, guys. Yeah, I'm a thespian now, apparently. So, that, They, we were just kind of just talking about stuff. And the more I was thinking about, like, a friend of ours in a group chat, me and Terrence,
Starting point is 00:39:37 and works in finance and was kind of trying to explain the scale to us about using Terrence's daughter's age. What was the, what was the comparison? She was like, people need to understand just how much these numbers are. They really don't. Yeah, like the scale of a trillion. And actually, yeah, so like at a few days. days old, she's a million
Starting point is 00:40:01 seconds old. How much his daughter that is? She's lived over a million seconds now. Or you could yeah, and then at a billion seconds old, you're like 32 years old. At a trillion seconds old, you are approximately
Starting point is 00:40:18 32,000 years old. Holy shit. Like a trillion, the number is, I mean, it's fake. It's not even fucking real. It's so unsurious. It's so one serious, exactly. It's so unsirious. And then the thing about that is, and what people don't understand, and we all, and everybody,
Starting point is 00:40:34 the three of us and everybody listening to this shit, we've got to get a real revelation to this. If you say a man's worth of a trillion dollars, you have just given him the keys. Yeah. Because not only can he, like, it's hard enough for billionaires to go broke. I mean, like, it's like almost unheard of, you know what I mean?
Starting point is 00:40:53 But like, to give a person a trillion dollars just to give, like, the worst person in the world, in this case, almost literally Elon Musk, just the keys to everything. You know what I mean? And it's like, I view that as an aggressive move on the part of the MAGA movement
Starting point is 00:41:08 and stuff like that to give like one of their own just like bestow them all this like unnecessary power and stuff. You know, making 4,400 Tesla employees like multimillionaires. You know, that kind of shit. So like we really need to be more furious about that than we are because like,
Starting point is 00:41:24 I mean, that should be like, you know, the thing we've been talking about, about all weekend was like, you know, let them eat cake, except in our case, it's like let them meet screw worm meat. Like, they went and just jerked them out of the castle for, you know, and I know it's not that easy to do that because these people sort of exist on a different plane and whatever.
Starting point is 00:41:44 Yeah, it's different. It's different now. Like, in the French Revolution, they could just march to Versailles and, like, you know, in numbers, break down the fucking gates and, you know, hauled them the king and the queen out and carry them back to parents. We don't know we're fine. fucking Elon Musk or any of these people are at any given time. Like they've dematerialized from the world in a sense.
Starting point is 00:42:05 Like that was the whole point of Mars, the dream of Mars, which by the way, was what this IPO was valued on. It was valued on essentially two things, space travel in Mars, which all of which comes from governmental contracts, as Tom pointed out,
Starting point is 00:42:23 that's not retail shit. It's not consumer spending. We don't actually put in... That trillion dollars, valuation is like we're all paying for that value that valuation. Yeah. For something that will not only not happen, but even if it was to happen under this current
Starting point is 00:42:38 paradigm, not everybody's going to space. Not everybody's going to. Yeah. If it even was to happen, you know. Well, and also it's made it's really laid bare for me the idea of like the U.S. having a trillion dollar like defense, which is like brother, if this is a trillion dollar defense, you all need to go get your fucking money back.
Starting point is 00:42:54 But large, we just buy the, just the that in perspective. We just signed a peace treaty, which was essentially a loss, an admission of defeat. That also cost us another $3 billion in cash to get it done. We had to send to them on a plane. It liquid. Because the Iranians are actual businessman. They understand, and that's what I would say to Elon Musk, okay, if you can go to the bank right now, all your bank accounts, and you can pull out for me $1 trillion, $1 bills, I'll say, yeah, you've got a trillion.
Starting point is 00:43:28 But you don't fucking have a trillion dollars, you fucking I'm sorry. I got it up. Scratch. But one thing too I was thinking, man, about like the response that people should have is that I saw people posting things like, well, now we got to tax the trillionaires. And I was like, brother, I think we've gone beyond the pale. If they're going to go maximalists with how much like they're trying to steal from us, like we don't have to have compunction about calling for their murders now. Like, oh, y'all have a trillion dollars, well, guess what? I think you should be gutted in the fucking streets at high noon by a pack of Roving War Boys.
Starting point is 00:44:04 Fuck you. Yeah, I think that the, it's very clearly, and we've said this before, but the whole Mars dream, they're not giving it a trillion dollars because they think we'll go to Mars. The entire Mars scheme is literally just a project to see how we can live on a world that is inhospitable to human life. And they don't mean the moon, they don't mean Mars, they don't mean Venus. They mean literally this. They mean this earth. Because it will become inhospitable to human life if we continue the current trajectory of things.
Starting point is 00:44:40 That's the first leg of this sort of valuation. Now I want to read something in the Financial Times about this actually. The second is literally just AI. It's X-A-I. And Tom put it best over the weekend. It's like there is not a, there is not an idea on the planet worth. a trillion dollars. And that is one thing.
Starting point is 00:44:59 But to really put that in perspective, basically what they're saying with this IPO is that the idea that they have deemed worth a trillion dollars is a child porn chat bot on Twitter. That is the trillion dollar idea. They've been that worth a trillion. I mean, even if they gave us a Jetson's ass health pill
Starting point is 00:45:18 that cures every disease when you take, that's tops half a trillion. Not, yeah, exactly. I mean, just even the idea that like, I mean, to even, create some of this infrastructure and this technology to even have like a space
Starting point is 00:45:33 fearing species like if this is truly what they wouldn't want to do. I mean just the cost alone you can't even really put a price on that right? I mean it is it is like an exorbitant amount that's like prohibitive but that has to do more with cooperation right? Between countries, between nations you know this is just
Starting point is 00:45:49 a kickback for all these guys to fund their vanity project. No, they're looting the coffers bro. They're just looting it right and right in front of our goddamn eyes. I tell you this, man, I owe a great apology to all the sovereign citizens of the world. I thought Charles Methods for a little kooky, and I still do. But I get what you're mad about. It's like, oh, I work my fingers to the bone, not me, but many, many Americans do. And they pay a lot of money and have no say in how that is. And furthermore, their lives don't improve one I owe to. And it's like, yeah, like, yeah, like,
Starting point is 00:46:26 the contours of your arguments are a little goofy and like probably a lot of your pedophiles and I'm not excusing that way. But on this topic of like you're mad mad as hell about taxes, I get it now. Because every time I think of Elon Musk, my blood boils. But think about the context in which this is happening, the only wage growth that workers have seen in the last, really since the pandemic, the only wage growth they've seen has been completely wiped out
Starting point is 00:47:03 by the rise in energy prices caused by Trump's war. And like there was a fucking, there's two articles in the New York Times that I thought were pretty fascinating like going into the midterms. The first was Trump's big new vulnerability in 2026,
Starting point is 00:47:18 blue-collar white voters. Apparently, like, he's got like just 18% of like blue-collar white voters now, which is like, 18%? Like 18%. Well, he doesn't fucking care because he's... Well, he might try to run again,
Starting point is 00:47:33 but if it's not going to be a run, it's going to be just refusing to leave and everybody's going to do. Yeah, just like, just the juxtaposition of rising prices for everyone, an energy crisis, just to have that juxtaposed with the trillion-dollar idea being,
Starting point is 00:47:55 like we need data centers on every fucking corner of America. Total surveillance. Total surveillance. Chat bots that like basically exist just so you can, the sickest perverts among us can live out their greatest fantasies. And we're going to Mars, but we're actually not. We're just trying to basically use science to figure out how we can live on Earth.
Starting point is 00:48:19 Like on an earth that like when you step outside, you'll fucking be like irradiated to dust automatically. Like it's, well, it used to be like when you had this kind of public, sure, private partnership, right? That kind of funded the space race, you know. It would be that a lot of technologies, you know, prosthetics, you know, the portable laptops, you know, tires that we have, non-flammable material. Yeah. Contact lenses. I mean, the list is baby formula.
Starting point is 00:48:49 Dude, the list is crazy about the technological and social benefits of the space race. But this time is completely inverted. It's the inverted. Are they getting baby formula off Mars? Yeah. What was that? I ain't drinking no baby for them off Mars, but I'll tell you that. I think it's probably because they had to figure out how to live in, like, low gravity.
Starting point is 00:49:09 Right, right. Like vacuum. So they probably figured out how to, like, create certain food products that were, like, high-caloric, but, like, light to carry with them. You know what I'm saying? Like, you're baby in space food, essentially, you know? Yeah, yeah, yeah. But it's all inverted. now.
Starting point is 00:49:27 And then another story that I wanted to point out to you all was in Politico. What most battleground house districts have in common, data centers. As politicians from city councils to Washington fight over data centers campaigns are navigating the backlash. And it says here more than 200 data centers are going up
Starting point is 00:49:47 in dozens of competitive house districts. And neither party knows how to handle their political fallout heading into the midterms. The majority of competitive districts, 40 out of 69 have data centers either planned or under construction. So I don't know. 40 out of 69, you said? Yeah, 40 out of 69, you said?
Starting point is 00:50:05 Basically the takeaways, most competitive districts in the midterms coming up in November have data centers being either proposed or built already. And Eddington for everyone. Pretty much, yeah. That's an episode title. It's interesting. My mom was, my parents. her in town last weekend and my mom told me something though that like I thought it was like a good
Starting point is 00:50:29 observation and um she might have been overstating the point just a little bit but I do find this to be true of my own life as well but um there's like a big data center under construction um south of albuquerque and then there's also one close to abilene texas and these are like apparently she was saying that like everybody's talking about this like this is like all the rage this is what everybody wants to talk about, like, politically. But she said, like, most people she knows opposes them. But all those same people also use chat GPT pretty much religiously. So it's like, it's one of those things are like the American disconnect.
Starting point is 00:51:10 You know what I'm saying? It's just like the contradictions are so... You know what? You see something similar. You see, I don't know if this is really relevant, but I think you see something similar with the building of these ICE detention centers where, yes, you do. have people that overwhelmingly like refuse them and don't want them in their community. But I've listened to some interviews with like residents.
Starting point is 00:51:31 And cities like the city like about 30 minutes from where I am up north where they're proposing building a data center. But a lot of like the residents, their concern isn't really the plight of immigrants who come here. Right. And what they face in these attention centers, they just think it's an eyesore. And they just kind of, I'd rather be out of sight, out of mind. Yeah.
Starting point is 00:51:48 Yeah. Yeah. Yeah. Yeah. But, you know. Like nimbism rather than like the moral imperative to shut these places down. Exactly. And in a similar way with the data centers, you have people who are resistant against them,
Starting point is 00:52:00 but still fundamentally use the technologies that undergird them. You know what I mean? Yeah. I think that's a big reason why they keep getting built. Very American. Yeah, very American. I think the people, Sam Altman, Elon Musk and all this, like they can say, well, Americans may oppose data center construction, but like the numbers show.
Starting point is 00:52:19 that they're using chat bots pretty... The average American doesn't understand that they're tacitly supportive the data centers instead of explicitly, you know. You're right for it. Well, we don't have that level of, like, nuance in American politics anyway.
Starting point is 00:52:33 I mean, I don't know, just the whole NIMBY-YIMBY is fascinating to me. It's like here in Lexington, like, just the idea that, like, somebody can be YIMBY is such a fascinating.
Starting point is 00:52:49 fascinating concept to me. It's just like, why can't we just support some developments and not others? Why does it have to be this like maximalist thing? But that's just American politics now. It's just partially influenced by social media, partially influenced by quote unquote polarization. But everything has to be this maximalist position. It's like there's, it's like as the contradictions reveal themselves and deepen, the maximalism is turned up even like a notch higher, you know, with several notches high. I think this is genuinely intentional.
Starting point is 00:53:23 There's a book I've been reading called The Choice of Civil War and it was written by these four French theorists. Man, let me slam me. I got to go, boys. No, no, I'm just, I'm a joke. Oh, you heard French.
Starting point is 00:53:40 Four French theorists writing about the Great War of Yankee aggression. Not it. It's not about that war. Not about our civil war, just about civil war in general. Yeah, it's basically the point is that like, and I disagree with some of it. A little bit of it is a little too anarchist for me, a little too like libertarian socialist, but like the main point is that like neoliberalism isn't really totally about
Starting point is 00:54:06 profit accumulation and different innovations and techniques of profit accumulation. It is essentially martial in nature and like the sort of defining premise of neoliberalism is a strong government specifically with its powers relegated to the executive. And so what that means is that you need a constitutional democracy that I think there's even a quote from Hayek where he's like, we want to turn every person into their own personal fee floor essentially. we want everybody to have their own like sort of fiefdom. It's a perverted version of every man. Yeah, yeah. A very vulgarized version of that.
Starting point is 00:54:54 And so, but like the point is, is that like in a situation like that, like they wanted in, you know, and specifically like when you look like Chile and like the, the coup there in 1973, like, they used that as like one of the first like case studies in like the original like neoliberal dream. but the point was to literally neutralize any kind of collective action, any kind of demands that could be made upon the government to like deliver to special indigenous groups, you know, black communities, etc. And in the process, basically shield the markets from any kind of marked democratic demands at all. And one of the techniques that they used to do this was essentially turning everything. every single person against every other person.
Starting point is 00:55:46 Oh, hell, yeah. Because, because the point, and I, and I'm not trying to make some canned, like, we're all divided and polarized. We need to come back to the middle. I think the point is, though, that, like, that is simultaneously impossible in a neoliberal society. However, it is also necessary if you're going to try to mount some sort of mass, um, resistance or opposition to a neoliberal government.
Starting point is 00:56:13 have to basically find some sort of mass political... Yeah, mass politics. Everyone is fighting their own civil war, you know what I mean? Pretty much, yeah. Or with their neighbors, with their communities, you know? I don't know, man. Yeah. You know who I want to check in with is the guys in the 80s and 90s
Starting point is 00:56:30 that said they didn't want gay guys ramming it down. Because now we're getting a lot of shit rammed down our throat. A, I, like the referendums in before we even participate in. You know what I? They're in the KKK now. apparently. They're having a set. They're having a sats of June.
Starting point is 00:56:49 Now with this bit, you guys are just reminded me of a multicolored rainbow brigade of clansmen, hooded clansmen, but all the hoods are different colors. It's like Joseph's rainbow coat in the Bible.
Starting point is 00:57:01 Yeah. Yeah. It's my rainbow hood. Yeah. I, um, you know, but something I've been thinking about is like, I think that like the neoliberal approach to government
Starting point is 00:57:13 has essentially succeeded. I don't think that there's much left of America. Like I've said this before, you know, earlier in the episode, but like look at the UFC fight. There's nothing left. I mean, like, I think that like what's really terrifying to me is that Israel offers a kind of coherent, like, vision of nationalism that, like, could have a future.
Starting point is 00:57:35 And that is not, I don't, like, that is an extremely grim prospect. But the American version of that is completely, it makes sense why they're trying to turn it into like a quote unquote like Christian standard bear like the white Christian nation because it's there's nothing left like the uh the liberal progressive vision completely failed I mean when they say things like liberals and conservatives when they say things like Israel is the only democracy in the Middle East that lets you know exactly what they think about democracy in America and what their model for that future looks like you Yeah. I think that the, you know, and on that note, like, yeah, as you alluded to earlier, Tom, like Israel said that they're not going to pull back from Lebanon. Like, it's just wild to me that you would be called an anti-Semite for years if you alluded to their plan for greater Israel. And that is just clearly what's going to do. Yeah, it's going on. I mean, I'm just thinking, I occasionally think about this commercial, but I'm just thinking about that anti-Semitism commercial. that came out during the Super Bowl, you know, and how...
Starting point is 00:58:47 Oh, it's saying that to a black... Yeah, yeah. And I mean, like, where do you square that now? Are you supposed to support, like, endless expansion, you know? Or does that make you an anti-Semite, you know? It's just that, I mean... Yeah. Well, I mean, you know, I wanted to read this article, though,
Starting point is 00:59:04 in the Financial Times about Elon Musk and about, like, the going public of SpaceX. I've been interested to hear this since you teased. Yeah, I think it hits on a lot of like Trailbilly themes. I think Aaron you'll find some interesting things in it as well. It's in the Financial Times how Wall Street pulled off the biggest IPO in history for SpaceX. So the previous biggest IPO in history was Aramco. I think in 2019.
Starting point is 00:59:35 This blew it out of the water. This was like... What was the Ramco? What was... I'm not familiar with that. Oh, Saudi oil coming up. Okay. Which, you know, I say what you want about to start in a Radaramco.
Starting point is 00:59:49 Basically, they run like a slave labor type situation. But they do have a material commodity that... But it does produce something that we all use. I'm not saying it's good. Yeah. Efficious slavery. Organic slavery. Organic slavery. Artisanal slavery, basically.
Starting point is 01:00:12 How Wall Street pulled off the. biggest IPO in history for SpaceX. Bankers convinced investors to believe in a sci-fi strategy, overlook steep losses, and hand full control to Elon Musk. That's the sub-hap. The sci-fi strategy. These people are going to kill us all, dude. Until well after midnight on Wednesday,
Starting point is 01:00:29 bankers huddled in a room on the 41st floor of Goldman Sachs' New York office, portioning out the most sought-after initial public offering in history. With Elon Musk looming over proceedings by video, SpaceX President Gwen Shotwell and chief financial officer, Brett Johnson combed through orders at the top of the book, reallocating oversubscribed shares among Middle Eastern sovereign wealth funds and the big funds in the biggest U.S. institutions. More than 20 investors received a billion-dollar plus chunks of the deal,
Starting point is 01:00:57 10 times the previous record for any IPO. Familiar people with the matter told the financial times. Earlier in the day, investors had cycled through Goldman's office petitioning for a share of the deal they knew was likely to pop when it started trading on Friday. betting anchor investors tens of millions in instant profit. So as we've pointed out, like, this made at least 20 people, they were probably already billionaires, but it, you know.
Starting point is 01:01:24 And instantly. But yeah, but yeah, this probably like, you know, quadrupled their billionarism-ish status or whatever. But then, as Tom alluded to, this made like, I think something like 5,000 people millionaires. Who were like SpaceX employees. Just to give you, I just want to like give you a sense of how. this is, right? Like, it's all based on a narrative. This is not like a commodity
Starting point is 01:01:49 that anybody uses. This is not something that, like, we trade in in our day-to-day lives. This is just a story. Just, it turns out if you can be the biggest welfare queen on the American taxpayer and get enough disaffected virgins to worship
Starting point is 01:02:05 you and think your every word is unimpeachable, you too can become trillion. I mean, it's basically just you and your mischievous boys on the playground sharing jelly beans that you stole from the cafeteria. Pretty much, yeah. Also, it goes to, it also goes to show that this is real fucking in the weed shit. But like I remember at the height of the Biden thing, Robert Brenner and Dylan Riley wrote this thing about like the new kind of like neoliberal constituency.
Starting point is 01:02:34 And it got a lot of like pushback and I didn't fully agree with all of it. But I'm also not really smart enough to fully understand all of it. But basically, I think a large part of the argument was that political economic rewards are now meted out to various cult-like blocks, like various cult-like demographics. And as I pointed to before, MAGA is a cult, right? They would fucking welcome $10 a gallon gasoline as long as they kept getting to have their like catharsis, their like frisson. You know what I mean? Literally fucking violent. Own the lips and fuck the pores.
Starting point is 01:03:15 Yes. And then this is another example, I think. This is like a, this really rests upon the cult surrounding Elon Musk, one of the dumbest, lamest individuals in human history. As the investors made their case, they munched on pastries from French chef Dominique Ansel, including custom SpaceX. Dominique Insale. including custom SpaceX branded version of his famous
Starting point is 01:03:43 cronet, a croissant donut hybrid. I really got to see you. Is it like the SpaceX logo? Because that thing looks disgusting to eat. I thought they were going to... It's Elon jumping in that. With rocket exhaust coming out of his feet.
Starting point is 01:04:01 That day kept a grueling six-month process that has seen bankers from Goldman led by Kim Posnant and Dan Dees and Morgan Stanley's Kate Klassen and Colin Stewart, DeCamp to SpaceX's office in Hawthorne near Los Angeles, staying in hotel rooms
Starting point is 01:04:15 and renting Airbnb. Okay, can I just say the use of the word grueling for some shit like this? Grueling is standing on your feet for 8 to 10 hours, working an actual job. Not trying to steal people's fucking money, you know what I mean? And steal from the public coffers, brother. What was grueling about this? It'll say
Starting point is 01:04:33 in just a second. It was not actually grueling at all, as you point out, Aaron. But they worked side by side with SpaceX staff on a vast open floor, not far from where the group builds its Falcon Rocket and Dragon Spacecraft. Drafts of the prospectus were, I didn't know they had a
Starting point is 01:04:49 Dragon Space spacecraft. Doesn't look like a dragon, unfortunately. That'd be cool. Oh God. Bummer. It's like, well, that's his thing. Doesn't he like flamethrowers? Like, put a fucking flamethrone's like, the fucking romulans or whatever, like in... Put a railgun on it.
Starting point is 01:05:07 Just go all out. Drafts of the prospectus were sent up to senior SpaceX executives who weighed in before Musk final sign-on. Together they plotted how to pull off the largest IPO in history, which required investors to believe in a sci-fi strategy, overlook steep losses, stomach and unprecedented evaluation, and hand total control to a controversial and mercurial founder. Bankers led tours of its vast launch site in Texas to see its skyscraper-sized reusable starship rocket. A 200,000 word prospectus laid out the vision.
Starting point is 01:05:40 Martian colonies, electromagnetic lunar catapults, asteroid mining, and orbital AI data. This is how kids become enamored with space camp. They just take a tour and they look at all this shit and they're like, wow, you know, Jesus Christ. They didn't really, that's... Okay, that's the vision, fellas. That's the trillion dollar idea. I have to ask you, was any of the seem realistic? Martian colonies, electromagnetic lunar catapults,
Starting point is 01:06:06 asteroid mining and orbital AI data centers? Dude, these are... These are... Who's the guy that wrote Dune Herbert? Frank Herbert? Frank Herbert, by this logic, Frank Herbert should be a billion. You know what I mean?
Starting point is 01:06:23 I honestly think we could sooner breed like a... What do you call those sandworm? What's the big... Then we could fucking doin this pie in the sky should. That would be tied, dude. I would get... I was a trillion dollars.
Starting point is 01:06:39 A lot of dis someone. The sandworm IPO. My man, honor. As the ant, maybe the antidote to our tick problem.
Starting point is 01:06:47 So maybe it's got practical application. They just go eat the ticks. Man, this just reminds me of something I've been kind of fascinated with over the past couple of years
Starting point is 01:06:56 is sort of a 70s like retrofuturism, 6070s retrofutrism. So in space exploration, this guy named Gerard O'Neill who developed the Neil Seldar, which is a self-sustaining colony, you know. He had all these great ideas, right, about, like, you know, the human future in space.
Starting point is 01:07:15 But he was also a libertarian. He was also the sort of guy that felt like governments would actually fetter, you know, technologies and the science community's ability to, like, create this future for people. And one interesting thing I notice is that whenever you look at concept art, official concept up from NASA of his ideas, where, If there are black, if there are people, right, populating the space column, you can see them, there are no black people. They're all white people and it looks like a suburb in space. It looks horrible.
Starting point is 01:07:47 It looks terrifying. Well, my thing is like, what the fuck is wrong with planet Earth? I love planet Earth. Why are we trying to get off this motherfucker? I don't want to go live on a rock. We have a magnetosphere. That's probably the most important thing. If white people want to go live on a fucking barren wasteland out.
Starting point is 01:08:08 in the solar system. I say, get them on as many rockets as they can. They're the worst fucking people in the history of the world. Get the white people off the fucking planet.
Starting point is 01:08:19 And that's fine. Dude, there is nothing wrong with the earth. Why are we trying to get off? We start with the victims of white genocide in South Africa. We make sure they're safe
Starting point is 01:08:30 and put them in a tattooing-esque fucking biosphere. And we see how that goes. Yeah. If that goes fine, we'll start sending maybe Dana White. Let him do pod racing. Let do, let make white
Starting point is 01:08:44 slaves do pod racing. I say a quicker way to get them there. Just put them in like, you know, metal cans pretty much. I use a trachouche. It just launched them fast enough to reach escape velocity. And they're good at there, brother. You can save a lot of money. Then we put a hologram of Martin Luther King
Starting point is 01:08:59 and not on them in the sky. With that trailer schluck on us. Actually, to your point, this is really dark. And I don't want to de-drawal, but I did hear that the first company apparently is setting up the first orbital advertisement that could be seen India in space or I guess
Starting point is 01:09:15 from the ground. Okay. All right. This is the this is the fair of the dissolution of the comms movement. We got to bring it back. This is the whole... Who says you can do that? Who says you can fucking do that? This is the whole reason, by the way, the Trump people
Starting point is 01:09:31 are like dumping all this UFO file stuff. Guys, it's literally to pump SpaceX stuff. like literally it's the whole point is trying to in my opinion like without sounding too corny or canned or about it like the whole point is trying to devalue the value the value of the earth the terrestrial the terrestrial
Starting point is 01:09:54 so what they do so what they do is like they've created a sense of fatalism it's like we we can't we're not we we can't well we could do something about climate change but we won't but here's what we can't do we can make a lot of money selling you on the sci-fi future of like uh of of uh frank herbert not not just a lot of money but a fake amount of money yeah a fake yeah a cartoonish fake amount of money yeah yeah it's like the whole thing is so unbecoming of us to just go like you know
Starting point is 01:10:28 the call for like you know the nix fans to go stick their hands in every cash register and take what they want like we need to do the same thing but it needs to be like toward a right the same, you know? Uh-huh. I wasn't aware of that call, but I didn't get that call, but... Because I'm not a Knicks fan, I guess. Oh, okay. That's not a safe thing to admit right now, Tats.
Starting point is 01:10:50 And you have to... Congratulations to the Knicks, though, by the way. Yeah, I did, yeah. Congratulations to my home. Did they win it all? They won a dollar. They won't. Whatever.
Starting point is 01:10:59 Who cares? Send them to the moon. Send them to the moon. Watch a play ball of the moon. I mean, but I just can't stress this enough, man. We're not going to do anything about climate change. The world is fucking descending into ecological catastrophe.
Starting point is 01:11:19 So let's just turn it all into fucking Mars. Like, that's the whole thing. That's the whole fucking point of the UFO drops. Like, none of it is any... Again, I just... Like, what is wrong with Earth? I love the fucking planet. Why why we fucking hate the planets so goddamn much?
Starting point is 01:11:35 And I mean, you have to believe, too, that like, these people, whether it's the fact that it's just an impossible task and that a lot of people won't make it or the fact that a lot of people won't make it and you can call sort of the surplus population, the undesirables and the unwanted, if you can't turn them into labor, you know. So it feels like a lot of it is like just a, just a, an attack on regular ass people, you know, and their own future, but also to save themselves, you know. Well, just like with most Elon Musk things, my hunch is that he's going to make a trillion dollars essentially off promising more than he will deliver.
Starting point is 01:12:11 Which will probably... Which is, I'm sure, is a common experience with his, you know, myriad of babies' mamas. Right, I'm sensing a theme here. I'm sensing a theme here. I just don't think it's a prudent idea to give a man a trillion dollars whose bedside table has like 12 empty cans of caffeine-free
Starting point is 01:12:35 Diet Coke and a handgun. a fake hand. Which is kind of what my bets out stand is, but I'm not worth a trillion dollars. Okay, so they commissioned glossy promotional videos
Starting point is 01:12:49 and wrapped them together in a website to whip up retail demand for Musk's army of online fans. So that's who bought a lot of the retail stocks. The losers who didn't get to get...
Starting point is 01:13:00 You fucked us. Like, if you're out there and you're like an Elon Musk's sick of fan, congratulations. You ate it and abetted us. right into the fucking woodshed. You fucking losers. I have to understand how delusional these people are
Starting point is 01:13:12 because I've seen them in the comments where they truly believe that they're going to be on to spaceship to Mars within a decade. It's like, no, you're going to die of a heatstroke on Earth. You know what I mean? Do you all remember that tweet
Starting point is 01:13:24 of the guy that was like, like, oh, my wife wouldn't like it, but I could take care of Elon Musk. Like, I wouldn't like it myself. But like, do you remember what I'm talking about? I don't. I've seen so many of it. many of those lately, but
Starting point is 01:13:38 it's like you gotta be like, I'm totally not gay, but I'd take, I'd take care of Elon Musk if he needed to believe. I can fix him. My wife wouldn't even understand. Like, I wouldn't like it, but. They should call that the retail stock for SpaceX. I can fix him, son. Yeah.
Starting point is 01:13:56 Jesus, dude. By Friday's open, it was clear they had succeeded. SpaceX raised $75 billion in secure an evaluation in excess of $2 trillion. Now the syndicate stands to collect 500 million, the syndicate being the bankers,
Starting point is 01:14:11 the eye bankers who facilitated the deal. This is the story of how they did it based on interviews with multiple advisors. There's no better biller than Elon and SpaceX, said one banker involved. There's no other company that can turn fiction into fact. Just pointing out... Just pointing out as well that
Starting point is 01:14:30 based on his estimates from well over a couple years ago, he said we'd be on Mars by now, in the next few years. It's a fucking bullshit, dude. It is a con. It's a con job. It's a fucking, like, it's a story.
Starting point is 01:14:45 I wish just people would even just, like, I just wish even people would realize that, again, Mars has no magnetosphere. There's a reason why your ass isn't frying right now from the solar radiation and cosmic radiation. Like, what are we talking about here? It's impossible for people that live on Mars. Even if you burrow underground, you know how expensive it would be
Starting point is 01:15:03 and the kind of resources and technology we need to do that? come on dude the Kim Stanley Robinson books they used lichen to terraform the atmosphere I don't think that's I'm going to be happening in
Starting point is 01:15:18 they're not using Mars so that you can live on Mars they're not doing that for all not doing it those guys just hop off the the first like SpaceX flight covered in Moss
Starting point is 01:15:30 and they just immediately get a radio that I'm sent his that one's going to the mugs. Send his loser fans, dude. I don't, like,
Starting point is 01:15:42 I see a quick and expedient solution to this, is that they really want to go to space, oblige them. It is like, it is just like comic book guy from the Simpsons, like on mass, like aiding and abetting the end of everything. Yeah. It's like, if it wasn't so maddening, you know what I mean?
Starting point is 01:16:03 It's just like, it's just the bitch. with the cruelty of it all. It's just an deep, deep, deep, unsuriness of it all. Yeah, just the immateriality of it. Just that, like, you're right, Tom. Like, by this metric, Frank Herbert
Starting point is 01:16:18 should be a fucking trillionaire. Like, what is this? None of this is real. Like, it's, I like here, though, to sell investors and the bankers and everything on this, they went on this, like, roadshow to, like, tour his primacy, you know, his various facilities,
Starting point is 01:16:34 like his fucking space camp. town in Texas or whatever. The road show officially kicked off on June 4th. Musk, always his company's biggest cheerleader, peppered his 240 million followers on social media with SpaceX content. The entrepreneur joined a marquee launch event at J.B. Morgan's headquarters by video for a discussion with Jamie Diamond. More than 300 investors packed into a hall on the 51st floor of its 270 Park Avenue headquarters,
Starting point is 01:17:00 streaming the event to branches nationwide and social media. Rockets blasted off with sound effects. by the elevators, Moon Rock set in one corner, and analysts in white SpaceX jumpsuits showed investors to their seats. George Lucas sent along books filled with Star Wars art.
Starting point is 01:17:16 Okay, that motherfucker's on the hook, too. Okay? Tire of these fucking Star Wars guys. Me too, brother. I've looked to these motherfuckers sideways for years. Me and you both, brother. Trust me. There's nothing good that's come out of that goddamn franchise.
Starting point is 01:17:34 I guess the one caveat, would be the one you liked with Diego Luna. The one caveat would be white slave Anakin Skywalker. Also, did you say that the elevators had a sound effect that made them sound like rockets blast and it's unfortunate that was a Challenger
Starting point is 01:17:51 O-Ring issue there. That would have been interesting. Oh, my fucking God, we're going to simulate being in the Challenger explosion. Yeah, we're going to simulate Like my charred limbs being discovered over Nagadocious, Texas. I like love that George Lucas, like, sending Job of the Hut art.
Starting point is 01:18:18 Like, here, you'll enjoy this, Elon. It's a help your trillion. What they should have done. It should have been like Disney World where they got like for some reason, even though the empire is supposed to be an analog for like, I guess America really, but like fascism, totalitarianism. They should have just had like a bunch of, stormtroopers
Starting point is 01:18:35 walking people around. God damn, pisses me out so much. Dude. Like, like, like, even got motherfuckers
Starting point is 01:18:45 there, can't afford to go with the doctor and you got fucking, uh, fucking, yeah, comic book shop,
Starting point is 01:18:52 uh, patrons fucking, fucking running the fucking world. God damn it, pisses me off worse than fucking anyway. Said attendee Dylan Hickson
Starting point is 01:19:03 of Arden Road Investment, This is more like Woodstock than an IPO. We chatted about mining on the moon. As long as the workers are white, brother. They're pale, palate, brother. As long as they're pale, it's indentured. And you give me the MLK hologram over the top of the working fields. I'm fine with it.
Starting point is 01:19:25 On stage. Pick a cotton, white person who can't on the moon. I can't fuck. I'll lose that. This is absurd, dude. On stage, Diamond, who has had a rocky relationship with Musk in the past, praised him as the, quote, Edison of our time and let the SpaceX chief lay out the case for backing the rocket maker. Jamie Diamond.
Starting point is 01:19:55 I thought you meant like Diamond is in one half of that dude. Diamond is Silk. I was like, did her sister die? I thought Diamond's no longer with us. No. Jamie Diamond. Sorry. He said he was the Edison of our time.
Starting point is 01:20:12 Dude. Henry Ford might be... Actually, Henry Ford wouldn't even be... I'm only saying that because he was a Nazi. Henry Ford is not even a good example. All these people are fucking crooks. He's more like... Jamie Diamond, like, everybody's like,
Starting point is 01:20:25 let's see what Ray Dalio and Jamie Diamond have said. I don't give a flying fuck through a rolling donut what either one of those fucking bitches have to say about anything. Edison had like actual technical know-how. correct? Right, right. He would be more like, I don't know,
Starting point is 01:20:42 who's like a famous con man? He would be more like the fucking Al Capone. Not even though, but not because he doesn't even have those chops. He occupies a very weird niche where he has convinced everybody
Starting point is 01:20:55 he's like Tony Stark, but he's not. He's just like, he's like Mark Cuban if Mark Cuban was larping as like Tony Stark. Well, he's a white, He's an Afrikaner
Starting point is 01:21:07 Nippo. Yeah. But PayPal, right? Yeah, off PayPal. He didn't get rich off fucking, like, he can convince everybody, he's like this rocket man or something. He's not,
Starting point is 01:21:16 he's not fucking scientist. I mean, he didn't even own Tesla. He bought it. He's a fucking autistic loser. And that's no disrespect from my autistic friends, by the like. Or autistic losers for that better. Yeah.
Starting point is 01:21:28 Yeah. Or autistic losers for that, man. I shouldn't be smirch. I'm sorry. I feel like if we ever get the turn, if the. tables ever turn. Like, I'm turning that dude
Starting point is 01:21:37 into like a job of the hut, human centipede type deal. Yeah. Like, I'm turning him into a job of the hut, like, kept white slave. I'm gonna portify him, a disgust...
Starting point is 01:21:48 I'm gonna porcify him. Make him a disgusting, slimy white worm. The fucking, like, has its mouth sewed to the asshole. Yeah. Yeah, it's, it's... He's gonna have to go out,
Starting point is 01:22:01 like, on that movie House of A Thousand Corpses when they do Fishboy, they turn her boyfriend to like a fish That's how he's got to go. He's got to be grott as a grotesker. Or the first person to die, death, by a gazillion cuts.
Starting point is 01:22:15 Oh. At least a trillion to make a poetic. We pluck out one of his eyelashes. We fucking just like take a little piece of his skin out. Okay. One of his teeth. I'm good. I'm good with that.
Starting point is 01:22:28 Must describe the quote, self-growing city on the moon he hoped to build while calling Mars, which has almost no atmosphere, a, quote, fixer-upper of a planet with a lot of potential. You all think. You all think.
Starting point is 01:22:41 You all think. My man's out here flipping planets. Dude. And it's like, and the funny thing is he just thinks he's entitled to them. Uh-huh. Yeah, it's so crazy.
Starting point is 01:22:49 It's so crazy. The moon belongs to the people and also to dogs and birds and fish, too. First of all. Second of all, dude. It's, oh my God, dude. That's a good point, Tom. Like, by making this guy a trillion,
Starting point is 01:23:04 air, we have basically signaled to him that it's, the planets are his. Right, right. Like, that he has ownership over them. That's what he's taking away from it in his mind. Well, I mean, the word, too, is that, you know, this is the way that people talk about space colonization makes me think of terrestrial colonization. And what right do we have even in a barren environment to go out there and fuck it up, right? And leave an Israeli mentality.
Starting point is 01:23:28 It's an American Israeli mentality. It really is. Bankers and SpaceX executives. next flew to Boston to meet large U.S. mutual funds, such as Fidelity and Wellington, before jetting across the country for more investor meetings at SpaceX's Hawthorne offices on Monday. Here's a thing to me.
Starting point is 01:23:47 Like, when did we decide the, like, here's the, it's like, it's this idea that, like, stuff gets enough inertia before, like, the people have a referendum on any of it. Yeah. It's kind of like I, like, understand communism more than I ever have, like, with this. It's like, why is it the bankers that get to arbitrate all this? Exactly.
Starting point is 01:24:09 Do you know what I'm saying? Yeah. And when you think about that, you just have so much reverence and respect for the Vietnamese that made those booby traps where they like stick the needles through the ribs and like gut you while you fall into the hole. You know what I mean? It's like, man. That's human innovation right there. Also, too, I like the fact that, as you said, Tom, it's just like, you know, all these meetings among banks.
Starting point is 01:24:34 but does not actually, because this is bullshit, does not actually discussion of how this would happen. Not even that there needs to be immediate discussion there, but like, are there any engineers there, any rocket scientists, any people explaining how this would happen? No, because it doesn't fucking matter. Yeah, and I think the engineers that are there are going to get millions of dollars from fucking SpaceX stocks,
Starting point is 01:24:54 so they'll fucking tell me. Because now they have a blank check because they have all the money in the fucking world that's ever existed. But here's the other thing too, dude. But look at this guy's track record. like this guy's track record. Is there really anything you can't do with $250 billion
Starting point is 01:25:08 that you can do at a trillion other than just have like a little free pass to do whatever the fuck you want to do? Like, as if you couldn't do that at $250 billion. Like, here's my question about it. Like, but this guy's track record, he couldn't even engineer how to get the Thai cave people.
Starting point is 01:25:26 And when people, when serious people said, hey, that's not going to work and the people that actually ended up getting them out of there, like said, hey, that's not going to work. He just like, oh, they're pedophile. Also, also, let's look at the other, the other shit, okay? All he could do was make a flamethrower during the pandemic. The whole world was in flames, and the richest man in the world
Starting point is 01:25:50 saw it as an opportunity to do drop-shipped flame thrower. Or the boring tunnel. That was going to say, that's why I was getting to next. Eddie just made a fucking useless tunnel in Las Vegas with lots in it. You're right. The whole thing is like geared towards like almost meme. It's not even really like in the classic Silicon Valley like disruption innovation sense. In the like the cynical like we. Let's just let's just hamstring like extant companies that are or institutions like taxi cab drivers.
Starting point is 01:26:22 And make everybody think that there's a problem with them that we can solve. Well and also yes. Right. And also that like we have a societal problem. let's just take climate change or the slow disintegration of our public infrastructure and all these things, right? Like, instead of actually dealing with them
Starting point is 01:26:45 in the Silicon Valley extremely cynical way, like you said, Tom, of just like, well, we'll just turn everyone into gig workers and we'll make the car's driverless. Elon Musk isn't even proposing that. His fucking proposals are so much fucking dumber than that. It's just like, let's just make holes
Starting point is 01:27:01 in the ground and we'll go under the ground but then the holes don't make any sense let's be more people I would have more respect if he was like let's build an undersea water habitat or some James Camber the abyss shit this makes no sense at all the Gungans dog
Starting point is 01:27:18 the Star Wars Yeah let's make them all fucking Let's all breathe in that goop Like in the abyss You know and have like the underwater That's kind of Let's all be Jar Jar Jaxe I'll be down with that
Starting point is 01:27:31 If you draw Jarpie. Yeah, I'm down for a sci-fi future, just not one that Musk is proposed. Mine's going to be more of maritime nature. None of these, you're right, like, I guess the, if the engineers, because we've seen how this stuff goes, dude. They've got it a certain amount of governmental contracts in the pipe, like, to basically cushion them and to, like, prove to investors. like this is something you want to be invested in. Because he is, SpaceX is like an efficient off ramp for U.S. Empire in many ways.
Starting point is 01:28:13 He is like a further even privatization, neoliberalization of the military industrial complex. Like he really allows them to, you know, continue feeling like they're involved in the mechanics and inner workings of empire, while also just like enriching. him in the process. But like genuinely,
Starting point is 01:28:35 if there's any science, going back to what you were saying a second ago, Aaron, and what you were alluding to Tom about like engineers and like, what are the fucking hard details on this? Like what are we even like, what's the fucking protein? What's the meat on the bone? You don't need it when you got sick of fancy by in spades.
Starting point is 01:28:52 Yeah, it'll genuinely come down to like, oh, here are like a certain new classification of plastics. We can basically use for when it's 180 degrees outside in July. Like you'll be able to live in your little dome with your fucking perfectly like climate-controlled
Starting point is 01:29:09 air conditioning thing and we can grow hydroponics. We're turning the motherfucking planet in a M.R. It's that point. Yeah, yeah. The people, yeah, let me just tell you something. The people that are letting you die of screw worm and preventable illness are definitely going to build you a space dachia. I promise you, yeah.
Starting point is 01:29:28 For sure, dude. Yeah, no, they're going to leave you here to fry up. And, like, to the degree that there's any validity to this horseshit at all. I'll just, also, I'll let you keep going to this, but I'm just keep thinking as you're reading it, I'm just thinking, like, okay, these people are not. They don't care if they are a part of this project. They're just making money. But even still, even when they're fascinated and wowed by, you know, all these glossy pictures
Starting point is 01:29:50 and his facility, like, do they think that they'll be alive for that even to happen to occur? Are they, are they asking about timelines or not? They don't even, they don't give a shit. They don't care. Yeah, I don't know. I guess that's a... Maybe that's part of why Elon's trying to have, like, 80 kids with 80 different women.
Starting point is 01:30:09 He's trying to, like... Gangus Connett. Gangus con it. They can, like... Anyways, I'll continue here. As Musk and his bankers come through the order book on Wednesday night, they assessed who would be committed long-term owners and weeded out those most likely to dump the stock for a quick profit.
Starting point is 01:30:23 They handed about 70% of the offering to long-only managers, sovereign wealth funds, and longtime Musk friends. with retail handed a further 20% of the pie. Hedge funds were squeezed down to about 10%. The chief investment officer of a small U.S. hedge fund said SpaceX's bankers had taken the unusual step of asking for proof that his fund had enough cash for the tens of millions of dollars of stock it had requested. What I like about this is that they're like,
Starting point is 01:30:49 when this motherfucker eventually fails, we're going to spread the failure around so thoroughly. And like, you know what I mean? Everybody, yeah, everybody's going to have to like. shoulder a little bit. Everyone's going to have to show. No one's going to be able to dump SpaceX stock, dude. It is going to be like it is a suicide death pact. It's like
Starting point is 01:31:07 we're all on this together, right? Gun to the head. Oh, if I'm shouldering a little bit of the failure, I'm going to get my pound of flesh too. I'm just going to tell you that right now. It's just, but also this fucking article is accompanied with photos of SpaceX
Starting point is 01:31:20 everyone celebrating like SpaceX President Gwen Shotwell celebrates the IPO and like everyone's like having a blast and like Celebrating on the moon. SpaceX's employees past and present have also been anxiously awaiting the IPO. The extreme increase in the group's valuation
Starting point is 01:31:38 up from $400 billion just under a year ago has made thousands of them millionaires overnight. Former staff kept close track of companies' prospects in a group chat on WhatsApp called stonks. It's pretty cool. Oh, my God, he's fucking meming. Oh, man. I am become meme.
Starting point is 01:31:55 Crickets. I have one thing Elon will never have is I have made a room laugh before like a genuinely guttural belly laugh and I bet that he hates that there's people out there
Starting point is 01:32:08 that can do that and he will never be able to do it without paying for it I love you part of the admission into his cult is being an unfunny loser like fucking loser
Starting point is 01:32:17 just like him but it's an even worse prospect because at least he has enough money The doge father yeah he gets the he has enough money to pay people to bear his fucking
Starting point is 01:32:26 disgusting seed whereas his followers don't even get that. They don't even... Exactly. Participants have spent much of the IPO process in disbelief at their good fortune. The SpaceX mafia... Check back in a couple years.
Starting point is 01:32:43 Disbelief in their good fortune. It's like, yeah, famous last words, man. Good luck. Good luck. Good luck. The SpaceX mafia is going to make the PayPal Mafia look tiny by comparison. Who said that? Did one of them say that? All right. All right. Okay. Okay. Let me just say. David Anderman, an investor who served as SpaceX's general counsel until 2020. I think I use PayPal as recently as last week. I don't know how SpaceX is going to be usable, right? Or in what way it'll be available accessible to the basic consumer.
Starting point is 01:33:16 Let me tell you what it is. What the fuck are you talking about? You're fucking is. There is something intrinsic to every human being that's ever lived. It's deep in us as much as our bones and blood and everything. It's story. They're weaponizing story against vulnerable people who like need a sort of iconoclastic figure to look up to. And they look up to somebody that's as unfunny and deeply unserious as them. And he's the richest man in the world. He's their little special rocket boy. And like they need that to make sense of their own failed finite existence. It is very much like the elevation of Trump. It is, it just, it says just as much about society as it does about the person themselves, right?
Starting point is 01:33:56 Like the fact that someone like that can even be elevated to a position like that is really, it's astonishing, really. There will be a lot of very wealthy millionaires looking to start their own companies, said David Anderman. The IPO also, I did see it, I did see a tweet that was like, the people made millionaires by this will fund a renaissance in human culture and art in San Francisco Bay Area. In San Francisco Bay Area of all places. Okay, motherfucker, you can stay over there. I'm good. I think probably what they'll fund is a Holocaust against homeless people. More accurately, that's probably what's going to mean.
Starting point is 01:34:41 The IPO also sparked jubilation in Silicon Valley, where a host of Blue Chip venture firms such as Sequoia Capital, and Drescent Horowitz, founders fund, and 137 ventures have realized billions of dollars in gains. It's an exciting moment and a culmination of a lot of work, the company said Christian Garrett, a partner at 137 Ventures, one of SpaceX's earliest backers with a 3-1% stake. SpaceX is a great testament to entrepreneurship in America. It was started to bring launch capacity back from Russia and has built from there.
Starting point is 01:35:12 I mean, this is exactly, I think, what you were up where you're talking about, Terrence. It eases this sort of imperial, it greases the imperial drive that this country has, you know. Yeah. Also, how are you an entrepreneur in fucking rocketry? That is not a thing Like what? You started in your garage Like October skies
Starting point is 01:35:30 I'm so fucking sick I mean it's the definition of fascism When you merge like capital in the state Right But like like what we kind of didn't realize I mean I didn't because I'm a fucking rude But I'm sure people more fit than me Recognize it's like when
Starting point is 01:35:48 When the when the public private partnership Was all the rage in like the mid-a-auts and stuff Like this was what that was like portending, this kind of stuff. And like it always felt like a little stinky, but like you believed in the better angels of the nature during the Obama era because you still like, because they got you pumped up on hope and change. You know what I mean? You're thinking like, well, maybe things could get better even if it's imperfect. And really just set the stage for all this shit. I mean, and again, I just have to ask like, you know, with the PayPal reference, right, and talking about like entrepreneurial like rocketry.
Starting point is 01:36:24 how is this benefiting anybody now how is the average Joe Schmo gonna benefit from any of this I don't they can't even answer that I don't even think they conceptualize how to think about it because it's also not about future generations let's be clear about that you know no it is just a naked theft of public wealth
Starting point is 01:36:40 genuinely it's because yeah we don't have any fucking practical application for a fucking rocket that by the way there was an article in the baffler that this person wrote about like the environmental like ecological toll of his dumb fucking space camp you know uh company town in texas
Starting point is 01:37:00 like there is no trade off unless you're one of the fucking employees that just got made a millionaire off of this like it's there's you get nothing I mean ask the people people in Puerto Rico who had space debris flying upon their fucking island their homes you know after a SpaceX launch you know
Starting point is 01:37:18 ask them if they benefit from that shit dude it doesn't care and doesn't care Dude, if we just let this go, I mean, it's, we can't, this cannot abide. A person cannot be a trillionaire. This cannot abide. Dude, as I said on Twitter, I think, it's bad enough. It's bad enough we let the billionaire thing happen. This is, this is, this is, this is a bridge too far.
Starting point is 01:37:43 I mean, it's a cough of blood, bro. It's a cough of blood, man. The idea of it for the first trillionaire, you know, should, uh... If there's a just God in heaven. He's terraforming a 10th ring of hell right now. Only for the people that benefited off the SpaceX. Fucking IPL. Terriformity. Yeah.
Starting point is 01:38:02 It's like, damn, I thought only needed nine. Turns out, well, I got, I have to have another level of torment. Yeah. Him and the devil, like, working out, like, the fucking, like, specs. The public-private partnership between Satan and God. Yeah, we'll write some grants. I think we could get a lot of local. people to, them being demons in the ninth ring to help with the terraforma, yeah.
Starting point is 01:38:26 Yeah. Balthazar can really run a grader, you know, he can really grade that down there. I mean, well, the thing for them is that funding is not an issue, you know. Funding would not be an issue. That's true. Ripping up the streets of gold and like melting down the gold, the fucking, yeah. Get the head back on the gold standard. I'm over leveraged in Jasper anyway.
Starting point is 01:38:48 I need to upload some of the gold. this seems like a good project to the fucking public private partnership like I'll just have my guys send over something for you to yeah we'll
Starting point is 01:39:04 get the ball rolling on this media the biggest single beneficiary is Antonio Groschus a musk loyalist for two decades who amassed close to 7% of SpaceX's class A shares via his investment firm Valor Equity Partners
Starting point is 01:39:18 and 29 affiliation affiliated entities, his reward is a stake worth about $81 billion. Goldman and Morgan Stanley were the winners among the 22 banks on the deal. They each took $100 million in the $500 million pool. Fe pool, so fees, dog, just a half a billion dollars, just off fees alone. By far the largest IPO windfall ever, while Bank of America, J.P. Morgan and Citibank each rigged in about $75 million. One banker speculated the $500 million fee was possibly calculated with 0.67% of the float in a reference to the 6-7 meme popular online.
Starting point is 01:39:58 Fucking God, I fucking hate these people. I fucking hate these people, yo. Everything is a fucking meme. Everything is a fucking joke. Jesus Christ, dude. I missed that the first go-around. The first time I read, holy fuck. They fucking built the meme, the 6-7 meme into the reimbursement fee percentage.
Starting point is 01:40:25 Oh, my. Yo, man, if this ever proof to me that this whole shit is fake, money is not real. If anything is proof to me, this is what they said. Dude, if you're listening to this, we have to cut their fucking heads off. Just for the 6th, it's so undignified. Even if they weren't robbing us blind, we should still do that. Yes. It's so undignified to be like fucking lorded over by someone so lame and unserious and that they made a trillion dollars.
Starting point is 01:40:54 And they're laughing about it. And they're laughing about it. Not even with you in mind or your children or your children's children or the fate of humanity in the planet. It's in spite of all those things actually. Dude. I miss that. That is so fucking abysmal. Goldman in particular had been courting must.
Starting point is 01:41:14 and SpaceX for almost two decades. The bank's persistence paid off when it trumped longstanding Musk advisor Michael Grimes of Morgan Stanley to win the coveted lead left role and the associated bragging rights befitting the largest IPO of all time. The seniority of the bankers personally
Starting point is 01:41:30 running aspects of the deal was notable. Posinant, Goldman's co-head of investment banking, led the draft of the S-1 prospectus in December. I'm sorry, December is what's the Ku Klux Klan calendar? December was that amusedment or jolly
Starting point is 01:41:46 I think it's it springs back to something something positive no dismal was earlier I think it was fabulous actually I got you right here December appalling in the third but in the earlier iteration
Starting point is 01:42:02 in the month of appalling in the other earlier iterations it was fabulous and gloomy hmm um the The bank executives immediately started sounding out large investors at the World Economic Forum in Davos. The notoriously demanding billionaire Musk insisted on timing the IPO to coincide with a rare planetary conjunction in early June.
Starting point is 01:42:30 So I guess some of the planets lined up or something like that. The advisor, I wish so bad there were fucking aliens on those planets and they would just fucking like do a death ray beam. I mean, I wish that this money was used to find italy. That'd be a lot cooler. That'd be tight. The advisors endured numerous distractions and had to redraft the prospectus multiple times. SpaceX completed a $1.25 trillion merger with his loss-making startup XAI in February. It then agreed a $60 billion option to buy AI coding startup cursor in April and in recent weeks struck two massive deals with AI Lab Anthropic and Google to rent out its computing power.
Starting point is 01:43:12 Despite these hurdles, the bankers hit their target, taking SpaceX public the same week that Mercury, Venus, and Jupiter aligned in the night sky. There were other unique aspects. Unusually for an IPO, there was no price or size range to allow flexibility on the day, with Must deciding that SpaceX would sell $55.6 million share at $135.35 each no matter what. Elon didn't want to do a kabuki dance with the pricing. It was just, it was not just a finger stuck in the air. listen to investors and then said, this is my price. If they buy, they buy.
Starting point is 01:43:45 I wonder if that's based on another obscure loser reference. It's a highly stylized Japanese dance. Take it or leave it. There is one person in the world who could do that like that, and it is Elon, the person added. I would say there's probably other people that do it. They're just not as craving.
Starting point is 01:44:05 I mean, you know, Frank Sinatra probably could have had the charisma and pull something like that off. You know, I just, oh, man. His gamble paid off. The deal was three times subscribed, and SpaceX closed up the first day, up 19%, making it the world's sixth largest company
Starting point is 01:44:23 and must the world's first trillionaire. That's the art of the job. That's how you make sure it opens up, said a lead banker on the deal. Trading kicked off in a carnival-like atmosphere at Morgan Stanley's offices on Friday, led by Morgan Stanley's veteran trader John Pachi, a one-time backup quarterback,
Starting point is 01:44:41 for the New York Jets, bankers wore custom green trainers at Musk's behest in reference to a green shoe option to raise an additional $11 billion. I thought maybe that was like a Hales-Bopp cult reference, maybe. That would be tight. If he had them wear the Nike shoes. Then the Nike decades? They all killed themselves.
Starting point is 01:45:03 That would be count. Goldman's lead equity trader, Benny Adler, reflected the bombastic mood by giving a speech to the hundred who gathered on its trading floor. In 1969, we put a man on the moon, he shouted, now let's go to Mars. Yo. Bro.
Starting point is 01:45:21 Bro. Yo, we really do need, like, somebody needs to make a satire about all these people. Well, they themselves wouldn't be going to Mars, but I would love to see them try. Yeah. Fucking blow up like fucking Arnold Schwarzeneggin total recall. Eyes popping out there is. Yeah. Let's go to Mars.
Starting point is 01:45:39 Bob, we're going to do absolutely nothing to fix what we're. We've already. I mean, when they just say that, I mean, it's just, I mean, I don't know. I guess it's like, I don't know, man. I mean, exactly what they think about, about implementing social services that are not even that costly here. And they're like, oh, you want puppies and rainbows. Listen, I don't like to leverage my relationship with God to call for smiting. I usually like to reserve that for calling out about my penis and so forth.
Starting point is 01:46:04 I think I might put in a call about a smiting. Terrence did that not too long ago. I think this warrant's delivered, yeah, but it seems like it could so. I tried. I think this warrants as smiting. We tried the next in five Trump dies manifestation. That didn't work either. And we got half of it.
Starting point is 01:46:23 That's true. That's true. We really do just need to migrate these people off planet, I guess. If we're going, this is what we're doing now. It'd be like the inverse of the transatlantic slave trade. But for white people on the moon. Uh-huh. This is such a funny visual
Starting point is 01:46:40 Barton Let the King hologram And the sky and just smiling Their faces and hands Outside at the portal Just looking back at her Knowing they're going to be picking cotton on the mood Okay not cotton but biting on the mood They should make one of the spaceships
Starting point is 01:46:55 Like a slave galley You know what I mean And they have to be down in the fucking road Call it the space Amistahn It's not It's hard for bad oh my god
Starting point is 01:47:08 dude well these fucking people man that's all I got these fucking people what a bizarre week like I said bizarre wake
Starting point is 01:47:16 peace peace deal with Iran that will be immediately not honored probably already broken as we were recording to be broken
Starting point is 01:47:25 by Israel UFC fight at the White House I mean dude it's this stuff next one yeah that's big news.
Starting point is 01:47:35 What's happening to the world? Yeah. I don't know, man. Well, stay tuned. People tell your friends about Patreon and tell them they need to sign up. Because I see the number. I've been seeing the number go down.
Starting point is 01:47:54 Get your friends to sign up now. Yeah, get your friends to sign up now. Now I want you to do the old church method. Go find three people and invite them to come to church this weekend. But instead of church, to sign up. I want my scalps. Anyway.
Starting point is 01:48:12 All right. Stay well out there if you can. Stay well. Stay cool. That's right. And we'll see you on the main feed in a few days. Adios. See ya.

There aren't comments yet for this episode. Click on any sentence in the transcript to leave a comment.