Transcript
WEBVTT
00:01:34.924 --> 00:01:36.995
Welcome back to the Loco Experience Podcast.
00:01:37.295 --> 00:01:42.814
My guest today returning after a significant absence from the studio, it's been in a minute, studio is Aaron Everett.
00:01:43.234 --> 00:01:44.284
Oh, it was last election.
00:01:44.435 --> 00:01:44.840
It was last
00:01:45.079 --> 00:01:45.694
election with your son.
00:01:45.694 --> 00:01:46.355
Yeah, that's right.
00:01:46.355 --> 00:01:47.105
That's, uh, with Emerson
00:01:47.105 --> 00:01:47.885
one year ago.
00:01:47.944 --> 00:01:48.424
Yes.
00:01:48.875 --> 00:01:56.075
My, the, uh, oh, can you guess the, the symbolism or the, the metaphor in my choice of apparel today?
00:01:56.465 --> 00:01:59.375
Well, I see blue, so my guess is, uh,
00:01:59.974 --> 00:02:00.575
the blue wave.
00:02:00.575 --> 00:02:02.045
The blue wave, yes.
00:02:02.045 --> 00:02:02.465
I think
00:02:02.765 --> 00:02:08.405
much different tone in the news headlines this morning than it was, uh, a year ago, the day after the election.
00:02:08.615 --> 00:02:08.944
Yeah.
00:02:08.944 --> 00:02:11.014
I've not surprised.
00:02:11.194 --> 00:02:11.585
No,
00:02:11.675 --> 00:02:19.534
I mean, and I don't think it even had anything to do necessarily with, well, we can get into it further, but I don't think it actually had anything to do with.
00:02:20.629 --> 00:02:25.789
Uh, you know, like sometimes in the midterms you could see where it's the president's sort of,
00:02:26.180 --> 00:02:26.900
he screwed it up.
00:02:26.990 --> 00:02:27.770
He screwed it up.
00:02:27.770 --> 00:02:31.400
And so the consequences of this, I don't think that's what this was.
00:02:31.430 --> 00:02:31.669
Mm-hmm.
00:02:31.699 --> 00:02:43.009
This was, I, I think what's happening in America is really interesting and Trump's part of it, which is this, I want to find the biggest lever I can find to move the machine.
00:02:43.280 --> 00:02:45.740
'cause the machine is not moving in the way I want it to.
00:02:46.550 --> 00:03:03.439
And so I'm gonna try my best to kind of keep finding these levers that will do more and more radical things because I need this thing to break, which I think is the sentiment from the people that are voting, those that are actually agitated by the system, those that are young, youthful, uh, if you look at last night's,
00:03:03.439 --> 00:03:04.370
certainly the mom Dami.
00:03:04.400 --> 00:03:04.610
Yeah.
00:03:04.610 --> 00:03:07.969
If you look at Mom Dami stuff, it was all driven by youth vote last night.
00:03:07.969 --> 00:03:08.569
And immigrants.
00:03:08.719 --> 00:03:10.250
And immigrants in a huge way.
00:03:10.639 --> 00:03:11.300
And I think.
00:03:11.750 --> 00:03:15.020
You know, there is an impatience about the system.
00:03:15.560 --> 00:03:22.490
You, you look, even a year ago, people have this kind of w wild embracing of, Hey, we got a coalition put together.
00:03:22.490 --> 00:03:23.719
Let's move this sucker.
00:03:23.719 --> 00:03:25.400
Let's get this thing done.
00:03:25.490 --> 00:03:26.870
Doge gets rocking, there's
00:03:26.870 --> 00:03:27.110
stuff
00:03:27.110 --> 00:03:27.650
happening.
00:03:27.650 --> 00:03:27.710
Yeah.
00:03:27.710 --> 00:03:28.335
And then, and
00:03:28.335 --> 00:03:28.375
then
00:03:28.819 --> 00:03:30.199
Epstein list is coming out.
00:03:30.199 --> 00:03:30.379
Yeah.
00:03:30.384 --> 00:03:30.574
And then,
00:03:31.069 --> 00:03:35.090
and then the system does what it does, which is just sort of, you know, it just like, and now we're in
00:03:35.090 --> 00:03:36.259
day 37 or
00:03:36.259 --> 00:03:38.000
39, government shut down.
00:03:38.000 --> 00:03:46.250
And no one really, I mean, I know that there are people impacted by it, but it's always disproportionately impactful of the poor, of the middle class.
00:03:46.280 --> 00:03:50.900
It's not impacting Bill Ackman or, you know, whoever else at the top of the list.
00:03:50.960 --> 00:03:53.389
It's, they're not, they're not impacted by this.
00:03:53.389 --> 00:03:54.860
And so it's really interesting.
00:03:54.889 --> 00:04:02.060
I could be wrong, but I realized that the No King stuff is, yes.
00:04:02.060 --> 00:04:03.919
It's a, it's a bit of a.
00:04:04.745 --> 00:04:07.205
Division inciting mm-hmm.
00:04:07.955 --> 00:04:15.634
Creation arguably to try to bring about that big lever, but it's also a voter activation mechanism of Yeah.
00:04:15.664 --> 00:04:16.625
Historic proportion.
00:04:17.555 --> 00:04:17.795
Yeah.
00:04:17.795 --> 00:04:21.605
I mean you, they, this is the, that's a response to turning point for sure.
00:04:21.754 --> 00:04:23.285
Is kind of their activation.
00:04:23.285 --> 00:04:24.574
Some of the things that are out there.
00:04:24.935 --> 00:04:30.694
You have, and the other thing that you have going on right now is an absolute crazy in fight within the Right.
00:04:30.904 --> 00:04:31.384
Right.
00:04:31.444 --> 00:04:33.785
You have a really, really dramatic Trump
00:04:33.785 --> 00:04:35.615
attacking Massey and Rand Paul.
00:04:35.644 --> 00:04:35.824
Yes.
00:04:35.824 --> 00:04:35.915
And
00:04:35.915 --> 00:04:36.605
stuff like that.
00:04:36.605 --> 00:04:40.925
Like as long time libertarians we're like, but those are the good guys.
00:04:40.925 --> 00:04:41.555
Suck.
00:04:41.884 --> 00:04:45.514
Kind of, what are you doing attacking the good guys asshole.
00:04:45.574 --> 00:04:46.415
And you have that.
00:04:46.415 --> 00:04:59.644
And I just think it, the other piece of it that I don't think it anybody's, uh, nobody really wants to give this the credit that it deserves, but there's a real rub with foreign policy and the current.
00:05:00.305 --> 00:05:14.435
You know, this current iteration of what's going on in terms of people see our focus both in, in an inability to stop what's going on in Russia and Ukraine and our inability really to do any move, any lever in Israel and Gaza.
00:05:14.975 --> 00:05:18.035
And I think they are, but we know that we keep sending money,
00:05:18.274 --> 00:05:19.574
we keep trying and we spend a lot of time
00:05:19.740 --> 00:05:20.319
and effort on it.
00:05:20.319 --> 00:05:22.384
People spent a lot of money, we spent a lot of time on it.
00:05:22.475 --> 00:05:26.134
Netanyahu's been to Washington d DC more than four times now.
00:05:26.134 --> 00:05:26.225
Right?
00:05:26.500 --> 00:05:30.004
You, you and our people have been to Israel a ton of times.
00:05:30.004 --> 00:05:32.345
We've got a bunch of people back and forth with Ukraine.
00:05:32.764 --> 00:05:35.345
So I think that people are looking at it and going.
00:05:35.524 --> 00:05:36.154
Wait a second.
00:05:36.154 --> 00:05:46.745
I, a year ago, I had a lot of hopes that this was all gonna just go, you know, we were gonna get this done and, and I was willing to vote for this guy and his team because we were gonna move the needle.
00:05:46.985 --> 00:05:48.904
Now I think there are people that haven't moved the needle.
00:05:48.904 --> 00:05:59.675
I mean, I think, I think there are people that, within the administration that have moved the needle and including some of Trump's policies, but they can't go fast enough for, for what is actually happening to the people on the ground.
00:05:59.855 --> 00:06:00.035
Mm-hmm.
00:06:00.274 --> 00:06:01.535
Things are really expensive.
00:06:01.654 --> 00:06:03.754
You know, houses continue to rise in pricing.
00:06:04.084 --> 00:06:05.975
You've got real troubles with inflation.
00:06:05.980 --> 00:06:06.949
Anybody is not great.
00:06:06.949 --> 00:06:07.264
Anybody, no.
00:06:07.264 --> 00:06:09.995
Anybody under 40 is going, this system sucks.
00:06:10.024 --> 00:06:10.084
Yeah.
00:06:10.444 --> 00:06:13.550
And the people under 20 are looking at it and going, well, what's the point?
00:06:13.639 --> 00:06:13.990
Right?
00:06:14.194 --> 00:06:17.555
I, I've made this bargain, you know, I said this the other day to someone.
00:06:18.209 --> 00:06:19.889
Our generation made a bargain.
00:06:19.949 --> 00:06:40.350
We, we listened to our parents and we made the bargain that they had made, which was, well, if you just work hard and you do the right thing, you know, the system takes care of itself and we will trade, we'll have to trade away a few things off of our backs in terms of our taxes and our ex, our economic prosperity for the rest of the world to live at peace, because peace is better than war.
00:06:40.439 --> 00:06:40.709
Right.
00:06:40.889 --> 00:06:42.600
So that was their exchange.
00:06:42.629 --> 00:06:44.519
And so we took that exchange.
00:06:44.850 --> 00:06:46.439
My children aren't taking that exchange.
00:06:46.439 --> 00:06:46.500
Yeah.
00:06:46.529 --> 00:06:49.199
They don't, they don't believe that exchange exists for them.
00:06:49.204 --> 00:06:49.235
Yeah.
00:06:49.240 --> 00:06:50.610
That, that trade exists for them.
00:06:50.610 --> 00:06:58.620
That if they give up some of their future for peace and prosperity, that it will exist because they don't know anything else except war.
00:06:58.740 --> 00:06:59.129
Right.
00:06:59.189 --> 00:07:01.560
My children have grown up in war their entire lives.
00:07:01.649 --> 00:07:03.480
There's not a day they haven't been exposed
00:07:03.480 --> 00:07:03.540
to.
00:07:03.540 --> 00:07:03.600
Yeah.
00:07:03.600 --> 00:07:05.459
Worth$39 trillion in debt.
00:07:05.730 --> 00:07:09.389
At least one third of which is because of war,
00:07:09.389 --> 00:07:13.754
and every house is$500,000 in Fort Collins, they're going so.
00:07:14.480 --> 00:07:15.860
What am I trading for?
00:07:16.189 --> 00:07:25.730
There's not really peace and prosperity and, and I'm not sure that my hard work and taxes and energy and all the things that I'm gonna do if I did give that to you.
00:07:26.329 --> 00:07:26.810
Yeah, I'm not, I'm sure.
00:07:26.899 --> 00:07:27.649
I'm sure it's worth it.
00:07:27.649 --> 00:07:30.259
And so I think that's like a lot of what happened with mom DBE too.
00:07:30.259 --> 00:07:31.100
Is this Right?
00:07:31.759 --> 00:07:33.079
Look, we gotta try something else.
00:07:33.139 --> 00:07:34.069
I need a bigger lever.
00:07:34.220 --> 00:07:36.110
'cause what was happening sucks.
00:07:36.170 --> 00:07:37.519
And I don't wanna do this.
00:07:37.550 --> 00:07:48.319
So what do you think shakes down in, in New York City like, is he really gonna keep the rich people there to milk them harder to pay for all the things he wants to accomplish?
00:07:48.800 --> 00:07:49.879
I think if you look at what,
00:07:49.879 --> 00:07:52.100
because isn't New York's gotta be kind of broke already with all the.
00:07:52.699 --> 00:07:54.470
Spending and departures and suffer.
00:07:54.470 --> 00:07:56.750
It's just such a big economy that is not that broke or,
00:07:56.810 --> 00:07:57.170
I don't know.
00:07:57.170 --> 00:07:58.730
It's a big, it's a big system.
00:07:59.000 --> 00:08:04.850
There's a lot, the finance world can survive tax rates of 50%.
00:08:05.180 --> 00:08:05.600
Mm.
00:08:05.689 --> 00:08:06.980
It really can because
00:08:07.040 --> 00:08:07.850
yeah, what do they care?
00:08:07.910 --> 00:08:08.509
They don't make any
00:08:08.509 --> 00:08:08.870
sausage.
00:08:08.870 --> 00:08:10.490
It was all fake anyway.
00:08:10.490 --> 00:08:17.990
And they can, you know, so, and the way they take their, the way they take their income anyway, it isn't ever gonna be.
00:08:18.334 --> 00:08:20.584
Taxed at the rate that mom D's asking for, right?
00:08:20.584 --> 00:08:21.904
It's never gonna go like that.
00:08:21.904 --> 00:08:27.185
So they'll just find another way to shuffle it off into some, you know, dividend or something else.
00:08:27.185 --> 00:08:29.704
And those people will be not impacted.
00:08:29.704 --> 00:08:33.065
The people that will get crushed in this system will always be the same people.
00:08:33.065 --> 00:08:40.745
The middle class and the poor will be disproportionately impacted by those tax increases because that's how it will, it'll hit them the most.
00:08:40.745 --> 00:08:40.804
Yeah.
00:08:40.804 --> 00:08:48.424
If you go get a job and your taxes are higher because you're getting a W2 or whatever, you're gonna find yourself on the wrong side of this conversation.
00:08:48.424 --> 00:08:51.095
The, the people at the top of this system love it.
00:08:51.605 --> 00:08:58.264
They're like, they're very happy that it works the way that it does because they know that it just eliminates their competition.
00:08:58.565 --> 00:09:02.975
Every time a guy like this gets elected, it just eliminates another round of competition for them.
00:09:03.245 --> 00:09:03.575
So
00:09:03.725 --> 00:09:15.424
I, uh, you know, I come from a farm family and, and talk about agricultural subsidies and, and whatever, and, and when you do the math, it pretty much shows that.
00:09:15.860 --> 00:09:18.080
That subsidy is to the people that own the land.
00:09:18.590 --> 00:09:18.769
Yep.
00:09:18.830 --> 00:09:21.200
Which generally are the really wealthy already people.
00:09:21.259 --> 00:09:21.500
Yep.
00:09:21.980 --> 00:09:25.610
Uh, and some farmers, but most of them aren't as vibrant.
00:09:25.639 --> 00:09:29.690
You know, the, the real, you know, the people that own the land are people like Bill Gates.
00:09:30.019 --> 00:09:30.559
Exactly.
00:09:30.620 --> 00:09:32.059
Uh, he owns a lot of it.
00:09:32.120 --> 00:09:40.370
And he, by subsidizing agricultural crops and production, then he can charge more rent to the farmers that actually do the work.
00:09:40.370 --> 00:09:40.580
Yep.
00:09:41.149 --> 00:09:50.509
And I guess my question is, is how do you, aside from having a French revolution kind of thing, how do you reverse that trend?
00:09:50.509 --> 00:10:04.399
Like what are some of the actual policies that could actually make it through our current government oligarchy kind of system that would actually make it easier for those poor and middle class to not always get shoved in the.
00:10:04.850 --> 00:10:12.620
Mud puddle and push to the side regardless of whether the Republicans or the Democrats are the ones that are, because they use different levers, right?
00:10:12.649 --> 00:10:14.360
Like this lever beats up these people.
00:10:14.659 --> 00:10:14.720
Yeah.
00:10:14.720 --> 00:10:16.190
This lever beats up these people.
00:10:16.970 --> 00:10:17.480
Uh,
00:10:17.840 --> 00:10:20.000
I don't know that I have an answer to that, honestly.
00:10:20.000 --> 00:10:21.860
And I think that's what people are feeling,
00:10:21.919 --> 00:10:22.340
right?
00:10:22.370 --> 00:10:25.940
I think they're looking at this and going, none of this is making sense.
00:10:26.195 --> 00:10:28.220
I, I can't make this move.
00:10:28.789 --> 00:10:32.419
You know, I voted, I voted for the wrecking ball, so what happens?
00:10:32.600 --> 00:10:33.620
It didn't wreck anything.
00:10:34.309 --> 00:10:34.820
You know?
00:10:35.000 --> 00:10:38.059
Now I'm gonna vote for this guy and hope that it does this.
00:10:38.179 --> 00:10:38.299
Yes.
00:10:38.330 --> 00:10:39.259
Will it do it?
00:10:39.559 --> 00:10:40.879
I don't, I don't know.
00:10:40.879 --> 00:10:46.549
I mean, actually, I don't know that anything's gonna happen significantly within New York that will be that different than what it already is.
00:10:46.549 --> 00:10:46.700
Right?
00:10:46.700 --> 00:10:48.289
It's a big city.
00:10:48.799 --> 00:10:50.240
It kind of moves on its own.
00:10:50.240 --> 00:10:52.309
It's a$62 billion budget.
00:10:52.309 --> 00:10:53.990
That's the city's budget every year.
00:10:54.019 --> 00:10:54.620
Oh, wow.
00:10:54.980 --> 00:10:57.230
So it's a, it's the 10th largest economy.
00:10:57.440 --> 00:11:00.169
It just, the city is the 10th largest economy in the world.
00:11:00.169 --> 00:11:01.340
If it was a nation, it would be.
00:11:01.700 --> 00:11:01.940
Wow.
00:11:01.970 --> 00:11:03.034
So, I mean, it's, it's.
00:11:03.815 --> 00:11:09.095
It's a big deal, but I don't know that this, I just don't know that any of it makes a difference.
00:11:09.095 --> 00:11:23.914
I think the Mach, it's almost like you're on a train and you can walk in between the cars, but the trajectory and the dis and the destination is established, so you can kind of move back and forth and act like you're doing something, but the train is on its way to a destination.
00:11:24.514 --> 00:11:25.985
Yeah, and I'm not sure, I don't really know.
00:11:25.985 --> 00:11:29.375
We're on a 250th anniversary next year of our country.
00:11:29.705 --> 00:11:32.825
Most empires don't live past 250 years, so we're.
00:11:33.664 --> 00:11:35.254
We are at that place where I think,
00:11:35.254 --> 00:11:37.595
do you think we're actually in the crunchy times?
00:11:37.654 --> 00:11:37.985
I do.
00:11:38.075 --> 00:11:38.554
Potentially.
00:11:38.554 --> 00:11:39.289
The, it's coming the
00:11:39.289 --> 00:11:41.375
next five to 10 years could be, or 20 years,
00:11:41.375 --> 00:11:46.534
unless Congress can become, uh, effective, which I don't see that happening.
00:11:47.075 --> 00:11:54.009
Um, you've got, I mean, you'll, you'll have majorities and things that are gonna change with this new kind of gerrymandering stuff that's going on in California.
00:11:54.009 --> 00:11:54.289
Right.
00:11:54.289 --> 00:11:56.225
With that proposition that passed last night,
00:11:56.284 --> 00:11:57.934
filibuster iss probably on its way out
00:11:57.934 --> 00:11:58.115
here soon.
00:11:58.115 --> 00:11:59.404
Filibusters on its way out.
00:11:59.615 --> 00:12:00.245
Do you think so?
00:12:00.245 --> 00:12:00.394
I
00:12:00.394 --> 00:12:01.565
think it's probably so.
00:12:01.565 --> 00:12:02.495
I think so.
00:12:02.495 --> 00:12:07.985
Which is a dangerous move, but it's a move that, you know, without, that's the point we're at.
00:12:07.985 --> 00:12:09.034
Nobody knows what to do.
00:12:09.034 --> 00:12:09.424
Right.
00:12:09.544 --> 00:12:12.455
So you're just starting to take, you're just starting to take all of these things.
00:12:12.455 --> 00:12:12.544
Well,
00:12:12.544 --> 00:12:14.855
this whole government shutdown is an interesting case study.
00:12:14.855 --> 00:12:16.355
It's in itself totally.
00:12:16.355 --> 00:12:25.115
It's like, well, you know, we could just keep spending the same amount of money we've been doing, but we're using this lever as a, as a tool to bring us back to the bargaining table.
00:12:25.595 --> 00:12:26.745
And, you know, the, the.
00:12:27.409 --> 00:12:29.480
Nobody really knows what any of it does.
00:12:29.960 --> 00:12:30.889
What, what changed,
00:12:30.889 --> 00:12:30.980
right?
00:12:30.980 --> 00:12:36.649
Even if we put a new bill together, a, a Compromise Resolution to fix Obamacare.
00:12:37.370 --> 00:12:38.210
What would it do?
00:12:38.600 --> 00:12:39.980
Like what, what would it actually be?
00:12:39.980 --> 00:12:40.039
The,
00:12:40.039 --> 00:12:41.990
well, I know one thing it will do is spend more money.
00:12:42.440 --> 00:12:42.769
Right.
00:12:42.799 --> 00:12:43.730
You know, like, that's it.
00:12:43.940 --> 00:12:45.615
That's, we know that to be crew increase
00:12:45.615 --> 00:12:50.000
the pace by which the train reaches its destination of we're all fucked.