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Delta Sierra Charley, 744.

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In Britain, Vicki Barker reports on what the British are calling a national curry crisis.

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Britain's very love affair with Curry is under threat.

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He says peace thinking of relocating to New York.

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For NPR News, I'm Vicki Barker in London.

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With this, this is the daily source code, the daily source code.

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For $16 million worth of airplane strapped by us, in the next generation radio content in my years.

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We don't need lost deep dreams in.

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I like to think I'm flying into this journey.

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I'm guessing he's very clean.

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[ Music ]

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ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah ah, ah, ah, ah, Ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah, ah,

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from the affluent suburb of Surrey,

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known as Gilford, we're on the west side of G-Town.

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In the manner up in the top,

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you may hear a little bit different acoustics today,

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as I spend some time over the weekend,

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clean the entire joint up up here.

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I actually should take a picture of this

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because I've really set it up nicely.

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I got really tired.

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I'm using everything my MacBook Pro now

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is used almost exclusively for everything I do,

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but also for all of my DSE and no agenda audio production.

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I got kind of tired of picking it up,

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preparing stuff behind one desk

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and then unplugging everything,

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then moving the Mac over to the other workstation.

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So what I've done now is I've set up the secondary workstation

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as a complete editing, it's all clean, dedicated thing,

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and I've set up my big cinema monitor,

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cinema display on the desk,

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and I've got my, I've got my controls,

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and I've got my microphone,

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everything else set up.

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So I don't actually have to move anymore.

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I can just kind of prep the show,

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and then before you know what I can roll into,

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I'll have to do is move the microphone over,

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and I think it's working,

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but because the mic is directed in a different angle,

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you'll probably hear some different sounds

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that you can pick up since we have everything,

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but a soundproof booth.

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Once again, streaming live on 365.com

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with varying results for everybody,

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that's really pissing me off.

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For some reason, it's just not working.

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People go to the play page, the station page,

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it doesn't refresh, or even if you refresh,

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it doesn't say the station is on air.

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I've handed out dot PLS files,

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and those expire after a certain amount of time,

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it should be a hell of a lot easier.

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What I have done though is I've changed the bitrate

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from I was basically sending out

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to 128 kilobit streaming bitrate.

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I've lowered that to 96,

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so that should make a lot of difference

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to everybody out there.

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Hey Adam, this is Kevin and Dallas Texas.

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Hey, a long time listener,

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man, I had a question.

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I noticed today that episode of 128 live.

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And I hadn't listened to yet, but I'm about to.

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And I was just wondering if there's any plans

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for pod showed, implement any kind of live streaming,

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like you're doing with a live 365.

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Just curious.

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I love the show, no one will love you.

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Hope you win, love your hair, all that good stuff.

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Yeah, yeah, excellent.

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I'll wait a bit.

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No, I'll tell you, when's back at you, my brother?

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Yeah, so just let me explain that,

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because I also heard some people over the weekend

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talking about the validity of doing something live.

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It has nothing to do with a replacement of the show.

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In fact, I'm just recording the show

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as if I normally would, but it adds two dimensions.

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Actually, one, it does not add.

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It does not add a humongous additional audience

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because it's kind of, you know,

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look, I'm not setting this thing up at a schedule.

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I'm waiting until I think, you know, San Francisco

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and New York are more or less up.

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Europe is available, but it may be a bad time in the afternoon.

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I mean, there's no good time for any agreement

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because the show is of such a global nature.

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But what it does give me, it gives me the feedback loop.

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That, you know, there isn't audience out there.

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Of course, I've got my phone calls

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and the pre-prepared bits that you guys send in.

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But to actually have some feedback coming in

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and I'm using Twitter and I don't want to chat room

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at least not right now.

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I really like the whole idea of, you know,

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like a two or three minute delay before, you know,

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people send something to me or do the outside,

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Adam Curry on Twitter for me to, you know, pick up

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on whatever comment they have.

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And for some reason that timing just works,

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so I'm gonna leave it that way.

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But as nothing to do with, you know,

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live radio or replacement of the podcast,

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that's just an enhancement.

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And as long as we get it working perfectly,

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by the way, you know, I spend like 99 bucks a month for this.

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And they just make it incredibly difficult

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for people to get into it, which pisses me off.

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Ah, very big day today.

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My lovely bride of,

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to all what is now 21, 22 years.

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The Lady Patricia celebrates her birthday today.

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Big deal.

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The Dutch are always big on birthdays.

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And it starts off, and I've said this many times before,

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but it starts off the minute you wake up.

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In fact, back in the day, I don't know if they still do that.

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It would be quite traditional for families

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to decorate the kitchen and decorate the birthday,

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boy or girl's chair and hang up balloons.

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And kind of make a celebration all day.

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And in the evening, you know, family from far and wide

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will stop by and we'll all have coffee

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and sit in a circle and talk about doctors appointments.

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And, well, not just doctors appointments.

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We'll talk about the economy at large.

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You know, kind of like this show, actually.

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So lots of SMS text messages, lots of phone calls,

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flowers showing up at the door.

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And of course, I gave my present, which I give every single year.

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She is allowed to take a full expenses trip

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with her sister anywhere in the world.

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I think they've chosen Venice this time.

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And it's just the two of them,

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and they go away for like three or four days.

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They've done different locations.

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They've gone to the sun a couple times,

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but they'd really like to do kind of a chick thing.

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So, quite happy that they're gonna go, go to Venice

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and enjoy themselves.

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Over the weekend, it's been a interesting week

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from my wallet.

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I just couldn't get around it under it

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or past it anymore.

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Christina needs to have a car.

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Her test is coming up in two weeks.

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And I promised I said, Dad, we'll get some for you know.

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I even offered her the jag.

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I said, look, I don't drive this thing.

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Why don't she use it?

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And for the one time a month, I need a car,

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I'll borrow it or I'll do whatever.

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Of course, that was no good.

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And she'd been watching these commercial.

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If you'd seen it here in the UK, it's for the Renault Clio.

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It's pretty funny commercial, actually,

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where there's like one of those tours of the stars,

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buses is going through what I guess

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it's supposed to look like Beverly Hills.

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And so the tour guide says,

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now look at all these wonderful homes,

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the rich and famous live here

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and look at all these beautiful cars they have.

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And it's like, it's like 830 in the morning

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or whatever.

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You see everyone rolling out humurs and porches

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and Ferrari's.

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And then when the bus is the gone,

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then one of the neighborhood inhabitants

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calls the rest on his phone, he says,

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okay, they're gone, we're all clear.

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And everyone puts their expensive car back

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in the garage and they all roll out their Renault Clio's,

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which is kind of funny.

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And it had some great offer,

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like you get a Tom Tom Go Navigator.

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They even, and I was actually quite excited about this.

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I thought this is perfect.

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The help my daughter understand how credit works

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and how fucked up it is when you have to pay

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the 99 pounds every single month

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to keep your car just in your possession.

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Like, obviously that hooker up with down payment

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and all of that stuff.

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But yeah, she should work for some of it,

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at least some of the keeping it on the roadbits.

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And well, that offers no longer valid.

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That was only up until March 31st.

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In fact, they stopped making the car all together.

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So we looked at a couple others and I like these Renault's.

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You know, they're kind of cute.

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And then they saw a Renault Twingo,

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which I've heard about,

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I think it's just been introduced into Britain.

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But it's been on the road in Europe, I know for sure.

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And it was actually the cheapest car there

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that the girls fell in love with it.

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It's a very, very girly car.

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And of course, the biggest feature of the Twingo

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is that there's a connector for not just your iPod.

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It also has a general audio connector

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for any generic MP3 player.

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And it has, and this was pretty cool.

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It has a USB port.

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So you can plug in a memory stick.

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You know, just slap some songs on to your memory stick

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and you can control the memory stick

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or at least you can surf through the directories,

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I guess, right there.

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On the onboard sound system.

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So anyway, so that should be shown up in a week or two.

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And I'm Mr. Hero, can I say?

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Let me see, what's going on?

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A couple of bits of feedback from you guys.

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Oh, we got a couple of sub-onts

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and sub-onts in training, coming up.

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And this was interesting.

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This was, I kind of like this,

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because whenever people try to figure out

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why they listen to this show or why they listen

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to any particular podcast in general,

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it's always interesting to hear them struggling

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to come up with a reason.

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And I don't actually know if I know why it works either,

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but I do know that no agenda is quickly building up

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a massive audience.

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This is the show that I do once a week with John Cedar-Vorac.

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And in fact, the audience is coming pretty close

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to rivaling the daily source code.

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It just went incredibly fast.

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Now, I know that a lot of that is coming through,

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you know, DeVorac's circle of fans and listeners

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and detractors, I'm sure, lots of them checking it as well.

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But it's always fun to listen to people trying to figure out

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why they listen to a show like no agenda

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or the daily source code.

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Yeah, it's gross from washing couldn't.

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And this was named to your Monday, DSC.

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And that's a reason that you'll know you'll go

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in episode that, definitely a beautiful thing

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that YouTube has viewing John Cedar-Vorac on a no agenda.

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Start listening to about two weeks ago

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on the kind of gun off my ass.

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And I noticed that people go back and listen

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to all the original episodes.

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We're only up in number 25 so far.

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But people really turn in hand.

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People, I mean, like, you people, you know, you folks.

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But one thing I kind of wondered was,

252
00:14:08,560 --> 00:14:10,360
why don't you even listen to either of you,

253
00:14:10,360 --> 00:14:12,800
especially you, I mean, I've been listening to you

254
00:14:12,800 --> 00:14:14,960
for six months now.

255
00:14:14,960 --> 00:14:17,560
And I'm not really a big talk soul listener,

256
00:14:17,560 --> 00:14:19,000
listen up on the radio.

257
00:14:20,120 --> 00:14:21,400
And just along this time, you know,

258
00:14:21,400 --> 00:14:22,440
I even bought my iPods,

259
00:14:22,440 --> 00:14:26,200
only for the habit, like to have all my musical in place.

260
00:14:26,200 --> 00:14:28,440
I had to have to listen to a bunch of blowharts

261
00:14:28,440 --> 00:14:31,320
on the radio, planned, you know,

262
00:14:31,320 --> 00:14:33,040
blah, blah, blah, blah, blah, blah, blah,

263
00:14:33,040 --> 00:14:34,640
listen to commercials.

264
00:14:34,640 --> 00:14:35,640
And I don't know.

265
00:14:35,640 --> 00:14:38,800
Maybe that's what you are, a blow-hard.

266
00:14:38,800 --> 00:14:43,320
Well, I can't, I'll listen to it all the way through

267
00:14:43,320 --> 00:14:45,320
and be like, dude, it's just great.

268
00:14:45,320 --> 00:14:47,600
I don't know, it's like a big mystery, maybe.

269
00:14:47,600 --> 00:14:48,960
You know, that's not what you're here.

270
00:14:48,960 --> 00:14:51,240
No, no, that is a real good point.

271
00:14:51,240 --> 00:14:53,960
I believe that the interactivity of podcasting

272
00:14:53,960 --> 00:14:56,080
is much bigger than anyone gives it credit for,

273
00:14:56,080 --> 00:14:58,040
because of course, what everybody does.

274
00:14:58,040 --> 00:14:59,200
When you listen to a show,

275
00:14:59,200 --> 00:15:01,680
and it doesn't matter how long it is or how short,

276
00:15:01,680 --> 00:15:03,280
you ultimately have the control

277
00:15:03,280 --> 00:15:04,440
whether you're going to listen to it,

278
00:15:04,440 --> 00:15:06,000
whether you're going to skip over certain bits.

279
00:15:06,000 --> 00:15:08,640
I know lots of people skip through the music on this show.

280
00:15:10,280 --> 00:15:11,520
I think that's a big part of it.

281
00:15:11,520 --> 00:15:14,560
And by the way, that's not just for independently produce shows

282
00:15:14,560 --> 00:15:16,680
like this one that goes for NPR shows as well.

283
00:15:16,680 --> 00:15:18,760
You know, that's a big deal.

284
00:15:18,760 --> 00:15:21,360
We don't really think about how incredibly cool it is

285
00:15:21,360 --> 00:15:24,120
that you can skip ahead in your favorite radio show.

286
00:15:24,120 --> 00:15:26,320
I don't know, because I saw you on Cranky Geeks

287
00:15:26,320 --> 00:15:29,320
and kids say that your hair was doing all that good.

288
00:15:30,320 --> 00:15:32,320
That's being said, you and the horror

289
00:15:32,320 --> 00:15:36,320
looks like twins, but I'm like a 10-year delay.

290
00:15:36,320 --> 00:15:38,320
You know, make that 20.

291
00:15:38,320 --> 00:15:41,320
Twenty-four years old, single, like male,

292
00:15:41,320 --> 00:15:43,320
go into school here at UWT.

293
00:15:43,320 --> 00:15:45,320
They're here, hope you win.

294
00:15:45,320 --> 00:15:49,320
Love you, meme it, and bye-bye.

295
00:15:49,320 --> 00:15:50,320
Yeah, you know, ma'am.

296
00:15:50,320 --> 00:15:51,320
Thank you very much.

297
00:15:51,320 --> 00:15:53,320
Yeah, that's a good observation.

298
00:15:53,320 --> 00:15:56,320
Before I can hire like evil twins separated by not 10,

299
00:15:56,320 --> 00:15:58,320
but by 20 years, he celebrated his birthday on Saturday,

300
00:15:59,320 --> 00:16:01,320
by the way, didn't want anyone to know.

301
00:16:01,320 --> 00:16:03,320
And I also know his real age,

302
00:16:03,320 --> 00:16:05,320
which I don't think he wants anyone to know either,

303
00:16:05,320 --> 00:16:07,320
but a happy belated birthday.

304
00:16:07,320 --> 00:16:11,320
I was talking to a couple of people in aviation today.

305
00:16:11,320 --> 00:16:14,320
It's been a week since that Cessna citation

306
00:16:14,320 --> 00:16:17,320
one jet came down just near Farmbro after only

307
00:16:17,320 --> 00:16:20,320
after just taking off from big and hill.

308
00:16:20,320 --> 00:16:22,320
And of course, you know, this is always of interest,

309
00:16:22,320 --> 00:16:24,320
not just to me, but to many people,

310
00:16:24,320 --> 00:16:26,320
and you'll never hear about it in the newspaper again.

311
00:16:26,320 --> 00:16:31,320
Maybe maybe maybe if the report comes out and it says,

312
00:16:31,320 --> 00:16:33,320
and it states what I've heard,

313
00:16:33,320 --> 00:16:35,320
and this is really horrible,

314
00:16:35,320 --> 00:16:37,320
because you know, basically there's only two things that can happen

315
00:16:37,320 --> 00:16:38,320
that can go wrong.

316
00:16:38,320 --> 00:16:40,320
It's either maintenance,

317
00:16:40,320 --> 00:16:44,320
which I would say is still 90% of all issues in aviation,

318
00:16:44,320 --> 00:16:47,320
or it's pilot error, which can happen.

319
00:16:47,320 --> 00:16:51,320
What I understand is that the jet took off almost empty,

320
00:16:51,320 --> 00:16:54,320
with almost no fuel on board.

321
00:16:54,320 --> 00:16:57,320
And that would explain why both engines quit.

322
00:16:57,320 --> 00:17:00,320
That would explain the quote vibration

323
00:17:00,320 --> 00:17:04,320
that the captain reported when he called in his May day,

324
00:17:04,320 --> 00:17:08,320
because the jets will essentially rev up real fast

325
00:17:08,320 --> 00:17:11,320
and trying to stay lit.

326
00:17:11,320 --> 00:17:14,320
And particularly if there's a fadeck involved

327
00:17:14,320 --> 00:17:17,320
fully authorized digital engine control,

328
00:17:17,320 --> 00:17:20,320
so that could produce some kind of shuddering

329
00:17:20,320 --> 00:17:23,320
or stuttering or something that seemed a bit like

330
00:17:23,320 --> 00:17:27,320
what was reported as the pilot keyed the mic on his way down.

331
00:17:27,320 --> 00:17:30,320
And you think about, how can that happen?

332
00:17:30,320 --> 00:17:32,320
It's really quite easy.

333
00:17:32,320 --> 00:17:34,320
And I think the circuits, if this is true,

334
00:17:34,320 --> 00:17:35,320
and I don't want to put blame,

335
00:17:35,320 --> 00:17:37,320
or say that this is the absolute truth,

336
00:17:37,320 --> 00:17:41,320
is just what's circulating around in aviation circles.

337
00:17:41,320 --> 00:17:43,320
This does seem to happen,

338
00:17:43,320 --> 00:17:45,320
particularly when celebrities are involved.

339
00:17:45,320 --> 00:17:49,320
And it's really, really sad, because you get an air cruise,

340
00:17:49,320 --> 00:17:51,320
so they had a pilot and co-pilot.

341
00:17:51,320 --> 00:17:53,320
They have never flown with each other,

342
00:17:53,320 --> 00:17:54,320
or maybe once or twice,

343
00:17:54,320 --> 00:17:56,320
they may not be an air-crew team,

344
00:17:56,320 --> 00:17:59,320
particularly when you're in the game of renting planes,

345
00:17:59,320 --> 00:18:03,320
or leasing, or calling up like a net jets,

346
00:18:03,320 --> 00:18:05,320
or something of the like,

347
00:18:05,320 --> 00:18:08,320
and so they may or may not have been all that familiar

348
00:18:08,320 --> 00:18:10,320
with this particular aircraft,

349
00:18:10,320 --> 00:18:12,320
probably they were.

350
00:18:12,320 --> 00:18:14,320
But when you get like two celebrities,

351
00:18:14,320 --> 00:18:17,320
they were two very famous former racing car drivers on board,

352
00:18:17,320 --> 00:18:19,320
and you're going down to see the races.

353
00:18:20,320 --> 00:18:21,320
And before you know it,

354
00:18:21,320 --> 00:18:24,320
it's very easy to forget something like a fuel selector,

355
00:18:24,320 --> 00:18:28,320
which seems like that would have been solvable,

356
00:18:28,320 --> 00:18:29,320
if that was the problem.

357
00:18:29,320 --> 00:18:32,320
But it's also possible that you actually can take off

358
00:18:32,320 --> 00:18:33,320
without any fuel.

359
00:18:33,320 --> 00:18:35,320
It's not the first time this has happened.

360
00:18:35,320 --> 00:18:37,320
It's really, really horrible if that's where went down.

361
00:18:37,320 --> 00:18:40,320
But man, so by the time the pilot had had

362
00:18:40,320 --> 00:18:42,320
figured out that he had no more air speed left,

363
00:18:42,320 --> 00:18:44,320
and just kind of floated down like a brick,

364
00:18:44,320 --> 00:18:47,320
which is just what we call that as severely bad day

365
00:18:47,320 --> 00:18:48,320
and aviation.

366
00:18:48,320 --> 00:18:49,320
That's for sure.

367
00:18:51,320 --> 00:18:52,320
Okay.

368
00:18:52,320 --> 00:18:53,320
Let's see.

369
00:18:53,320 --> 00:18:54,320
What do we got?

370
00:18:54,320 --> 00:18:55,320
Oh yeah.

371
00:18:55,320 --> 00:18:56,320
Christopher.

372
00:18:56,320 --> 00:18:57,320
Chris laden calling in from the UK.

373
00:18:57,320 --> 00:18:58,320
Adam is Chris laden here.

374
00:18:58,320 --> 00:18:59,320
Suspect the terrorist.

375
00:18:59,320 --> 00:19:01,320
And podcasting, you sense.

376
00:19:01,320 --> 00:19:02,320
You know,

377
00:19:02,320 --> 00:19:03,320
I hate Section 44.

378
00:19:03,320 --> 00:19:07,320
The terrorist met 2000 with a passion.

379
00:19:07,320 --> 00:19:08,320
In total,

380
00:19:08,320 --> 00:19:09,320
I was detained by the police,

381
00:19:09,320 --> 00:19:11,320
an impressive four times,

382
00:19:11,320 --> 00:19:13,320
and as many days during my stay in London.

383
00:19:13,320 --> 00:19:14,320
You know,

384
00:19:14,320 --> 00:19:15,320
once he's bad enough,

385
00:19:15,320 --> 00:19:17,320
he's being stopped and searched four times,

386
00:19:17,320 --> 00:19:18,320
come on.

387
00:19:18,320 --> 00:19:19,320
Adam, you've met me.

388
00:19:19,320 --> 00:19:21,320
Since when have I been a threat to society?

389
00:19:21,320 --> 00:19:22,320
Okay.

390
00:19:22,320 --> 00:19:23,320
So I was a rotten kid.

391
00:19:23,320 --> 00:19:24,320
All right.

392
00:19:24,320 --> 00:19:25,320
Stabbing people with scissors.

393
00:19:25,320 --> 00:19:27,320
But I'm not a terrorist.

394
00:19:27,320 --> 00:19:28,320
Secondly,

395
00:19:28,320 --> 00:19:29,320
I just wanted to let you know

396
00:19:29,320 --> 00:19:31,320
that the drama of my university projects is finished.

397
00:19:31,320 --> 00:19:32,320
You know,

398
00:19:32,320 --> 00:19:33,320
this is the drama based on the documentary,

399
00:19:33,320 --> 00:19:36,320
which you yourself greased with your appearance.

400
00:19:36,320 --> 00:19:37,320
Should you want to check it out?

401
00:19:37,320 --> 00:19:40,320
You can do so by going to project

402
00:19:40,320 --> 00:19:42,320
elements.podshow.com

403
00:19:43,320 --> 00:19:45,320
or projects.

404
00:19:45,320 --> 00:19:46,320
Hi,

405
00:19:46,320 --> 00:19:47,320
for an element.com.

406
00:19:47,320 --> 00:19:48,320
Thanks once again, Adam.

407
00:19:48,320 --> 00:19:49,320
Love you.

408
00:19:49,320 --> 00:19:50,320
I mean,

409
00:19:50,320 --> 00:19:52,320
it's and God save you from Section 44.

410
00:19:52,320 --> 00:19:53,320
Yeah.

411
00:19:53,320 --> 00:19:55,320
And I noticed something interesting over the weekend.

412
00:19:55,320 --> 00:19:58,320
You probably saw that there were riots in London,

413
00:19:58,320 --> 00:20:00,320
or near riots,

414
00:20:00,320 --> 00:20:04,320
as people tried to extinguish the Olympic flame,

415
00:20:04,320 --> 00:20:06,320
which came through London,

416
00:20:06,320 --> 00:20:07,320
London,

417
00:20:07,320 --> 00:20:09,320
and to run to Beijing.

418
00:20:09,320 --> 00:20:11,320
This is very typical.

419
00:20:12,320 --> 00:20:14,320
All these all these different cities,

420
00:20:14,320 --> 00:20:17,320
and they light up torches from left to right,

421
00:20:17,320 --> 00:20:20,320
and carry the flame all the way to open up the Olympic games,

422
00:20:20,320 --> 00:20:24,320
just before the games actually start.

423
00:20:24,320 --> 00:20:26,320
And it was amazing.

424
00:20:26,320 --> 00:20:29,320
But now we had some real pissed off angry protesters.

425
00:20:29,320 --> 00:20:30,320
And of course,

426
00:20:30,320 --> 00:20:35,320
this is all in line with the human rights issues,

427
00:20:35,320 --> 00:20:40,320
and how people are recognizing that China is suppressing Tibet.

428
00:20:40,320 --> 00:20:44,320
Which turns out a lot of people live there about six or seven million.

429
00:20:44,320 --> 00:20:47,320
It's amazing to me to what lengths people will go to,

430
00:20:47,320 --> 00:20:49,320
to protest something like,

431
00:20:49,320 --> 00:20:51,320
which is, and it's, by the way, it's a good protest.

432
00:20:51,320 --> 00:20:52,320
If you want to protest,

433
00:20:52,320 --> 00:20:53,320
what China's doing,

434
00:20:53,320 --> 00:20:55,320
while they're hosting the Beijing Olympics,

435
00:20:55,320 --> 00:20:57,320
so you want to disrupt the Olympics,

436
00:20:57,320 --> 00:20:59,320
get some attention and bear us them.

437
00:20:59,320 --> 00:21:00,320
So that makes sense.

438
00:21:00,320 --> 00:21:02,320
But why don't we do that kind of stuff for,

439
00:21:02,320 --> 00:21:04,320
the crap that's going on here at home?

440
00:21:04,320 --> 00:21:05,320
You know, like,

441
00:21:05,320 --> 00:21:07,320
would also read over the weekend,

442
00:21:07,320 --> 00:21:09,320
the weekend's families are in crisis.

443
00:21:09,320 --> 00:21:11,320
The family life is in crisis.

444
00:21:11,320 --> 00:21:13,320
Binge drinking continues.

445
00:21:13,320 --> 00:21:16,320
People are not even completing school.

446
00:21:16,320 --> 00:21:17,320
If they're coming out,

447
00:21:17,320 --> 00:21:18,320
they're total idiots.

448
00:21:18,320 --> 00:21:21,320
Our freedoms are completely being taken away.

449
00:21:21,320 --> 00:21:22,320
Where's the protest over that?

450
00:21:22,320 --> 00:21:25,320
I find that extremely interesting.

451
00:21:25,320 --> 00:21:27,320
We're willing to go the mile for other people,

452
00:21:27,320 --> 00:21:30,320
but we don't seem to want to do it for ourselves.

453
00:21:30,320 --> 00:21:33,320
Just one of those interesting observations

454
00:21:33,320 --> 00:21:36,320
that you bump into from time to time.

455
00:21:37,320 --> 00:21:41,320
Hey, we've got a new levant and training here on the Charlie.

456
00:21:41,320 --> 00:21:45,320
It's a guy who's close to my heart because everybody needs a friend

457
00:21:45,320 --> 00:21:47,320
who's a Jamaican living in New York.

458
00:21:47,320 --> 00:21:49,320
Mr. Curry,

459
00:21:49,320 --> 00:21:51,320
Jamaican in New York here.

460
00:21:51,320 --> 00:21:53,320
But just want to leave a comment,

461
00:21:53,320 --> 00:21:55,320
to move something that you mentioned,

462
00:21:55,320 --> 00:21:57,320
near seeing on the footballer Friday.

463
00:21:57,320 --> 00:21:58,320
No.

464
00:21:58,320 --> 00:22:00,320
Here's what you were talking about.

465
00:22:00,320 --> 00:22:03,320
There's a lot of conspiracy theory stuff going on

466
00:22:03,320 --> 00:22:05,320
about the federal reserve.

467
00:22:05,320 --> 00:22:07,320
Stuff that actually doesn't really matter anymore.

468
00:22:07,320 --> 00:22:10,320
How it was created or why it was created.

469
00:22:10,320 --> 00:22:13,320
The fact that it is is really the problem at hand.

470
00:22:13,320 --> 00:22:14,320
And this whole jekyll island thing,

471
00:22:14,320 --> 00:22:16,320
that is a major conspiracy theory,

472
00:22:16,320 --> 00:22:18,320
but I think it's almost distraction.

473
00:22:18,320 --> 00:22:20,320
You know, this word,

474
00:22:20,320 --> 00:22:21,320
destruction.

475
00:22:21,320 --> 00:22:23,320
This is very interesting to me.

476
00:22:23,320 --> 00:22:27,320
I believe that we have been distracted from great amount of time.

477
00:22:27,320 --> 00:22:29,320
Many things actually.

478
00:22:29,320 --> 00:22:34,320
You know, I think the war is a distraction for the oil prices.

479
00:22:35,320 --> 00:22:36,320
Hold on a second.

480
00:22:36,320 --> 00:22:38,320
I'm with you on the distraction,

481
00:22:38,320 --> 00:22:40,320
my friend, my Jamaican friend in New York.

482
00:22:40,320 --> 00:22:42,320
But I think the war is about something else.

483
00:22:42,320 --> 00:22:44,320
Distractions are more like

484
00:22:44,320 --> 00:22:46,320
entertainment tonight.

485
00:22:46,320 --> 00:22:48,320
That's a distraction.

486
00:22:48,320 --> 00:22:52,320
Any form of mindless entertainment is a distraction.

487
00:22:52,320 --> 00:22:54,320
But when it gets put on the front page of the newspaper,

488
00:22:54,320 --> 00:22:56,320
continuously, like

489
00:22:56,320 --> 00:23:00,320
Madeleine McCann or any wine house or Brittany Spears.

490
00:23:00,320 --> 00:23:03,320
That's distracting you from the real news, obviously.

491
00:23:03,320 --> 00:23:07,320
The Federal Reserve, you know, is asking for more powers.

492
00:23:07,320 --> 00:23:11,320
And we are so distracted by the fact that our mortgages

493
00:23:11,320 --> 00:23:13,320
are going into foreclosure.

494
00:23:13,320 --> 00:23:17,320
But we can't even pay attention to the things that are happening.

495
00:23:17,320 --> 00:23:18,320
You know?

496
00:23:18,320 --> 00:23:19,320
Yeah, hold on.

497
00:23:19,320 --> 00:23:20,320
Hold on a second.

498
00:23:20,320 --> 00:23:22,320
I will say, you know,

499
00:23:22,320 --> 00:23:24,320
that I think there were plenty of distractions

500
00:23:24,320 --> 00:23:26,320
when we were all signing up to those mortgages, okay?

501
00:23:26,320 --> 00:23:29,320
And the distraction was probably greed

502
00:23:29,320 --> 00:23:32,320
and a bigger house and more stuff and more

503
00:23:32,320 --> 00:23:33,320
bling.

504
00:23:33,320 --> 00:23:36,320
And turn part of the distraction of what you see all around you

505
00:23:36,320 --> 00:23:38,320
in the celebrity culture.

506
00:23:38,320 --> 00:23:41,320
So in that regard, yeah, big distraction money.

507
00:23:41,320 --> 00:23:44,320
I'm distracted by the money.

508
00:23:44,320 --> 00:23:47,320
But they are putting cameras up to spy on us.

509
00:23:47,320 --> 00:23:48,320
Yeah, yeah, no, no, no.

510
00:23:48,320 --> 00:23:49,320
There's going on here.

511
00:23:49,320 --> 00:23:50,320
No, man.

512
00:23:50,320 --> 00:23:53,320
This is all a part of a master plan.

513
00:23:53,320 --> 00:23:58,320
You know, there's going to be a mistake in any of this.

514
00:23:58,320 --> 00:24:03,320
These people, people are planning planning all of this before

515
00:24:03,320 --> 00:24:08,320
and we are just reacting exactly the way they expect us.

516
00:24:08,320 --> 00:24:09,320
Hold on a second.

517
00:24:09,320 --> 00:24:11,320
I'll take the tin foil hat off.

518
00:24:11,320 --> 00:24:12,320
Hold on a second.

519
00:24:12,320 --> 00:24:14,320
No one's forcing you to do anything, okay?

520
00:24:14,320 --> 00:24:17,320
The fact that we're aware of maybe the possibility of

521
00:24:17,320 --> 00:24:20,320
being some big master plan, which I think

522
00:24:20,320 --> 00:24:23,320
would not be so much about the distractions in the media

523
00:24:23,320 --> 00:24:26,320
would be more about implanting a chip in your arm.

524
00:24:26,320 --> 00:24:29,320
If you don't, if you're not subservient to the man,

525
00:24:29,320 --> 00:24:31,320
then they turn off your money and your identity.

526
00:24:31,320 --> 00:24:34,320
Now, that would be a grand master plan,

527
00:24:34,320 --> 00:24:36,320
who knows if it's taking place or not.

528
00:24:36,320 --> 00:24:40,320
You see, they plan that as well.

529
00:24:40,320 --> 00:24:45,320
Because they have decided not to educate us enough to understand

530
00:24:45,320 --> 00:24:47,320
what is going on.

531
00:24:47,320 --> 00:24:48,320
Yep.

532
00:24:48,320 --> 00:24:50,320
No, we have to change this trend.

533
00:24:50,320 --> 00:24:51,320
I don't know.

534
00:24:51,320 --> 00:24:55,320
You know what I suppose is that we need to rise up against this.

535
00:24:55,320 --> 00:24:59,320
Let them understand that they aren't in control.

536
00:24:59,320 --> 00:25:02,320
We are in control.

537
00:25:02,320 --> 00:25:03,320
Yes.

538
00:25:03,320 --> 00:25:04,320
Work.

539
00:25:04,320 --> 00:25:05,320
For us.

540
00:25:05,320 --> 00:25:06,320
Or us.

541
00:25:06,320 --> 00:25:07,320
Yes.

542
00:25:07,320 --> 00:25:08,320
They work for us.

543
00:25:08,320 --> 00:25:10,320
We want to shift the balance.

544
00:25:10,320 --> 00:25:11,320
Yeah.

545
00:25:11,320 --> 00:25:12,320
To the populace.

546
00:25:12,320 --> 00:25:14,320
Let's go out of this suit.

547
00:25:14,320 --> 00:25:16,320
Do you make any New York?

548
00:25:16,320 --> 00:25:17,320
Yo.

549
00:25:17,320 --> 00:25:18,320
Yo.

550
00:25:18,320 --> 00:25:20,320
Thanks for listening to today's podcast.

551
00:25:20,320 --> 00:25:23,320
This podcast has been easily made with the trial version

552
00:25:23,320 --> 00:25:30,320
of Uber Huster, the only one podcasting solution for the McIntosh.

553
00:25:30,320 --> 00:25:34,320
www.UverCaster.com

554
00:25:34,320 --> 00:25:35,320
I guess that works.

555
00:25:35,320 --> 00:25:39,320
That's a way to advertise your products.

556
00:25:39,320 --> 00:25:41,320
By the way, that's for the McIntosh.

557
00:25:41,320 --> 00:25:43,320
If you're looking for a great solution for Windows,

558
00:25:43,320 --> 00:25:45,320
haven't mentioned it in a long-time castblaster.com

559
00:25:45,320 --> 00:25:49,320
and a fantastic program that I was using for many years

560
00:25:49,320 --> 00:25:52,320
until I switched back to the McPlatform.

561
00:25:52,320 --> 00:25:54,320
It's just something I want to take a look at.

562
00:25:54,320 --> 00:25:55,320
So, do you make it in New York, Mom?

563
00:25:55,320 --> 00:25:58,320
Because you are a savant and training.

564
00:25:58,320 --> 00:26:01,320
You need to do a little bit of work on your microphone there.

565
00:26:01,320 --> 00:26:03,320
It sounds like you were talking into your laptop,

566
00:26:03,320 --> 00:26:05,320
not always given the best results.

567
00:26:05,320 --> 00:26:09,320
Regardless, here is a mashup just for you.

568
00:26:09,320 --> 00:26:10,320
You are cool.

569
00:26:10,320 --> 00:26:13,320
I've got loads to go play.

570
00:26:13,320 --> 00:26:18,320
Here we live.

571
00:26:18,320 --> 00:26:20,320
Do the things you need to come.

572
00:26:20,320 --> 00:26:24,320
I'm gonna fight the ball.

573
00:26:24,320 --> 00:29:07,320
[ Music ]

574
00:29:07,320 --> 00:29:15,320
I'm gonna play the things you need to come to.

575
00:29:15,320 --> 00:29:20,320
I'm gonna play the things you need to come to.

576
00:29:21,320 --> 00:29:29,320
Dracula 77 nation army mashed up as I said by DJ not I right here on the daily source code episode number 744.

577
00:29:29,320 --> 00:29:35,320
Trip time for me this week tomorrow head and off to San Francisco and I'm going back either.

578
00:29:35,320 --> 00:29:45,320
I'll you to take the red eye Wednesday night or Thursday night to New York because I have a couple meetings in the city on Friday and then back to the UK more meetings next week.

579
00:29:45,320 --> 00:29:47,320
It's a busy busy.

580
00:29:47,320 --> 00:29:52,320
I found this awesome new site called drop dot I.

581
00:29:52,320 --> 00:29:56,320
Those of you who follow the weblog at curry dot com.

582
00:29:56,320 --> 00:29:59,320
Not only seen it but I've also used it.

583
00:29:59,320 --> 00:30:06,320
It's a very interesting kind of like a reverse version like a file system for a hush.

584
00:30:06,320 --> 00:30:11,320
I call it more like a wiki for a file system or file for files and assets.

585
00:30:11,320 --> 00:30:12,320
Maybe that's better.

586
00:30:13,320 --> 00:30:16,320
And essentially you can upload.

587
00:30:16,320 --> 00:30:27,320
Any type of file or you can leave notes or it even has a it's own voice mail that will then you know record the the incoming messages and put them on to the.

588
00:30:27,320 --> 00:30:33,320
On to the page in MP3 format and what's really cool about it is you don't.

589
00:30:33,320 --> 00:30:36,320
Need to register to use it.

590
00:30:36,320 --> 00:30:39,320
So there is actually no knowledge whatsoever about who you are.

591
00:30:39,320 --> 00:30:41,320
Well, I'm sure there's IP addresses and stuff.

592
00:30:41,320 --> 00:30:44,320
They're not, they're not claiming a big security thing, but.

593
00:30:44,320 --> 00:30:51,320
You basically, you know, you said a user password and you can set an admin password and you can create a what they call a drop for.

594
00:30:51,320 --> 00:30:52,320
For anything at any time.

595
00:30:52,320 --> 00:30:56,320
So let's say all of a sudden I was working on a project with a couple of people I'd create a drop.

596
00:30:56,320 --> 00:31:00,320
It would be it have a URL which would be drop dot IO slash.

597
00:31:00,320 --> 00:31:03,320
You know project items project.

598
00:31:04,320 --> 00:31:07,320
And I can and anyone can start uploading files to it.

599
00:31:07,320 --> 00:31:09,320
It's it's a hell of a lot easier than.

600
00:31:09,320 --> 00:31:12,320
And a lot of these files sharing services.

601
00:31:12,320 --> 00:31:15,320
There's also no ads.

602
00:31:15,320 --> 00:31:19,320
It automatically creates an RSS feed within closures of everything you put up there.

603
00:31:19,320 --> 00:31:20,320
There's something new added.

604
00:31:20,320 --> 00:31:21,320
You can have email alerts and off.

605
00:31:21,320 --> 00:31:22,320
I'm really liking it.

606
00:31:22,320 --> 00:31:25,320
So I'll put it into the show notes again for today.

607
00:31:25,320 --> 00:31:32,320
I think there's a hundred megabyte limit, which I'll more than likely upgrade, but I'll probably start deleting some stuff that is either already being used.

608
00:31:32,320 --> 00:31:35,320
Or is just too big and useless.

609
00:31:35,320 --> 00:31:37,320
There's some of that stuff going up as well.

610
00:31:37,320 --> 00:31:38,320
But give it a shot.

611
00:31:38,320 --> 00:31:41,320
I think these guys are on something really, really cool.

612
00:31:41,320 --> 00:31:43,320
I'm not quite sure how.

613
00:31:43,320 --> 00:31:47,320
Well, you know, I think somehow it's going to fit into what we're doing.

614
00:31:47,320 --> 00:31:48,320
I'm not quite sure yet.

615
00:31:48,320 --> 00:31:53,320
Maybe when they if they decide to expose an API, it could become even more interesting.

616
00:31:53,320 --> 00:31:56,320
But this whole idea of creating drops.

617
00:31:56,320 --> 00:31:57,320
I'm liking.

618
00:31:57,320 --> 00:31:59,320
Check it out definitely.

619
00:31:59,320 --> 00:32:00,320
It's drop dot IO.

620
00:32:00,320 --> 00:32:03,320
Okay.

621
00:32:03,320 --> 00:32:04,320
Let's continue.

622
00:32:04,320 --> 00:32:12,320
You know, actually, I wanted to mention that George Soros, the international finance year.

623
00:32:12,320 --> 00:32:15,320
One of the richest men in the world.

624
00:32:15,320 --> 00:32:20,320
He's he has been in the financial markets for a long, long time.

625
00:32:20,320 --> 00:32:22,320
He's been all over the news.

626
00:32:22,320 --> 00:32:25,320
I saw at least three different places, including the financial times.

627
00:32:26,320 --> 00:32:28,320
Parkie sent me a link that I looked at this morning.

628
00:32:28,320 --> 00:32:31,320
But also Maria Barda Romo interviewed him over the weekend.

629
00:32:31,320 --> 00:32:35,320
And he's just been on television everywhere saying, look, a recession is coming in the US.

630
00:32:35,320 --> 00:32:38,320
Not exactly sure how big it is.

631
00:32:38,320 --> 00:32:43,320
And he's going to a space where I've already had my head out, which is the whole idea of derivatives.

632
00:32:43,320 --> 00:32:46,320
And I've been saying that this is much, much bigger.

633
00:32:46,320 --> 00:32:48,320
And it's all based on trust.

634
00:32:48,320 --> 00:32:51,320
And there is no central clearing house as of yet for derivatives.

635
00:32:51,320 --> 00:32:57,320
The amount of these derivatives or CDS, I think it's credit default swaps is what they're called.

636
00:32:57,320 --> 00:33:00,320
That's trillions and trillions of dollars.

637
00:33:00,320 --> 00:33:04,320
I mean, there could be hundreds of trillions of dollars.

638
00:33:04,320 --> 00:33:05,320
There's so many.

639
00:33:05,320 --> 00:33:08,320
And these are basically just trades, okay.

640
00:33:08,320 --> 00:33:18,320
Where the easiest and simplest way to look at is that there's maybe a trade where you need to buy a million dollars worth of stuff in the US.

641
00:33:18,320 --> 00:33:24,320
Yet you live in the UK and you have 500,000 pounds worth of pounds.

642
00:33:24,320 --> 00:33:26,320
And you can swap that.

643
00:33:26,320 --> 00:33:30,320
So there's no loss in the foreign exchange.

644
00:33:30,320 --> 00:33:34,320
And there's all kinds of micro-micro-sized interest payments.

645
00:33:34,320 --> 00:33:36,320
It's a very complicated business.

646
00:33:36,320 --> 00:33:40,320
When you get out of the CDS, these default swaps, which are actually quite easy.

647
00:33:40,320 --> 00:33:44,320
They're kind of like one pages that are facts back and forth.

648
00:33:44,320 --> 00:33:46,320
But it's for trillions of dollars.

649
00:33:46,320 --> 00:33:52,320
And he's saying that the Fed was right to bail out Bear Stearns because it's not so much the mortgage crisis.

650
00:33:52,320 --> 00:33:58,320
They could not default on these trillions of dollars of derivatives.

651
00:33:58,320 --> 00:34:02,320
And what he's calling for now is something that even with my limited knowledge,

652
00:34:02,320 --> 00:34:06,320
I know is something we need, which is a clearing house for all of these derivatives.

653
00:34:06,320 --> 00:34:08,320
You should look up what derivatives are.

654
00:34:08,320 --> 00:34:13,320
I'm sure there's a Wikipedia page on it, which will probably explain it in some degree.

655
00:34:13,320 --> 00:34:15,320
It's really simple in its basis.

656
00:34:15,320 --> 00:34:19,320
I mean, it really is just like trading hands across the borders.

657
00:34:19,320 --> 00:34:25,320
But I'm trying to keep my eye on this and see where all this is going.

658
00:34:25,320 --> 00:34:27,320
Get rid of your credit cards, that's for sure.

659
00:34:27,320 --> 00:34:31,320
Try to stay off the credit, try to save some money.

660
00:34:31,320 --> 00:34:37,320
And of course, we've got plenty of folks out there in the chucklehead audience who are calling with interesting tidbits and information.

661
00:34:37,320 --> 00:34:40,320
And indeed, some explanation about how things work.

662
00:34:40,320 --> 00:34:46,320
For instance, the question that Andrew Grummit asked me last week about federal reserve banking.

663
00:34:46,320 --> 00:34:48,320
Here's an answer to that one.

664
00:34:49,320 --> 00:34:52,320
I wanted to give you a column for actual reserve banking.

665
00:34:52,320 --> 00:34:55,320
It was interesting listening to you and Andrew talk on Wednesday, Charlie.

666
00:34:55,320 --> 00:34:59,320
As you pre-owned for describing both sides of the same coin.

667
00:34:59,320 --> 00:35:03,320
The way of fractional reserves or requirement works is that if you've got a hundred bucks,

668
00:35:03,320 --> 00:35:05,320
you've got to keep ten bucks on books.

669
00:35:05,320 --> 00:35:07,320
In the 90, you can lend out.

670
00:35:07,320 --> 00:35:09,320
So, thank you, Andrew Grummit.

671
00:35:09,320 --> 00:35:16,320
What ends up happening though, with this, as conventionally a thousand dollars total gets lend out.

672
00:35:16,320 --> 00:35:17,320
You're right.

673
00:35:17,320 --> 00:35:20,320
So, if you don't win, the way that works though is think about it.

674
00:35:20,320 --> 00:35:22,320
You have to keep ten dollars on the books.

675
00:35:22,320 --> 00:35:23,320
You can lend out 90.

676
00:35:23,320 --> 00:35:25,320
When does that 90 dollars go?

677
00:35:25,320 --> 00:35:26,320
It goes back to the bank pretty much.

678
00:35:26,320 --> 00:35:28,320
You lend it up to someone that opposed it.

679
00:35:28,320 --> 00:35:31,320
Now the bank can lend out another 81 dollars.

680
00:35:31,320 --> 00:35:33,320
And so on and so on and so on.

681
00:35:33,320 --> 00:35:35,320
Eventually, you get a multiplier.

682
00:35:35,320 --> 00:35:41,320
In fact, on the dollars, and with a ten percent reserve requirement, you get a ten-time multiplier.

683
00:35:41,320 --> 00:35:45,320
Um, five percent reserve requirement, or do you get twenty-time multiplier.

684
00:35:45,320 --> 00:35:47,320
So, that's pretty much how that works.

685
00:35:47,320 --> 00:35:49,320
Um, an information in the gold standard.

686
00:35:49,320 --> 00:35:52,320
You're not going to get to that in a minute.

687
00:35:52,320 --> 00:35:55,320
Uh, um, people write paid speed assertations on stuff like that.

688
00:35:55,320 --> 00:35:58,320
So, you know, we're going to open up over the weekend.

689
00:35:58,320 --> 00:36:00,320
Other than that, uh, let me read it.

690
00:36:00,320 --> 00:36:01,320
Hope you win.

691
00:36:01,320 --> 00:36:02,320
Yeah.

692
00:36:02,320 --> 00:36:03,320
I'll talk to you later.

693
00:36:03,320 --> 00:36:04,320
Right on.

694
00:36:04,320 --> 00:36:05,320
Okay.

695
00:36:05,320 --> 00:36:06,320
That makes a lot of sense, of course.

696
00:36:06,320 --> 00:36:07,320
I forgot about the interest part.

697
00:36:07,320 --> 00:36:08,320
Okay.

698
00:36:08,320 --> 00:36:09,320
So, Grummit and I were both right.

699
00:36:09,320 --> 00:36:10,320
That's pretty good.

700
00:36:11,320 --> 00:36:16,320
By the way, this portion of the, uh, the Charlie, the financial portion is brought to you by AccuQuote.

701
00:36:16,320 --> 00:36:21,320
And you can get, uh, great life insurance at a seventy percent discount.

702
00:36:21,320 --> 00:36:25,320
Up to seventy percent, if you use my checkout code, there's two ways to get to him.

703
00:36:25,320 --> 00:36:28,320
AccuQuote.com slash dsc.

704
00:36:28,320 --> 00:36:33,320
Or you can give them a call at 1-800-410-7214.

705
00:36:33,320 --> 00:36:35,320
Let me know if you call them, okay?

706
00:36:35,320 --> 00:36:38,320
I'm trying to figure out what kind of people don't have life insurance.

707
00:36:38,320 --> 00:36:40,320
But, uh, maybe none of you have life insurance.

708
00:36:40,320 --> 00:36:41,320
You should have some, really.

709
00:36:41,320 --> 00:36:42,320
It's not all that expensive.

710
00:36:42,320 --> 00:36:45,320
And take it if you're married or you have a significant other.

711
00:36:45,320 --> 00:36:46,320
It's well worth it.

712
00:36:46,320 --> 00:36:49,320
And again, up to seventy percent discount through AccuQuote.com.

713
00:36:49,320 --> 00:36:51,320
Now, let's run to the gold.

714
00:36:51,320 --> 00:36:52,320
Hey, Adam.

715
00:36:52,320 --> 00:36:54,320
This is Trace from San Diego.

716
00:36:54,320 --> 00:37:00,320
And I know this you've been talking a lot about the current credit crunch and what's happening in the economy.

717
00:37:00,320 --> 00:37:04,320
And I, I'm a monetary scientist.

718
00:37:04,320 --> 00:37:08,320
Now, actually, a critical website to how to explain some of these basics.

719
00:37:08,320 --> 00:37:10,320
I love it.

720
00:37:10,320 --> 00:37:12,320
Monetary scientist.

721
00:37:12,320 --> 00:37:13,320
Come on in.

722
00:37:13,320 --> 00:37:14,320
Officials, Vermont.

723
00:37:14,320 --> 00:37:15,320
You're close.

724
00:37:15,320 --> 00:37:16,320
Does that as my friend?

725
00:37:16,320 --> 00:37:18,320
We eat a better name, though.

726
00:37:18,320 --> 00:37:20,320
The official monetary scientist of the Charlie.

727
00:37:20,320 --> 00:37:21,320
That sounds kind of good.

728
00:37:21,320 --> 00:37:22,320
Science to people.

729
00:37:22,320 --> 00:37:25,320
It's called run to gold.com.

730
00:37:25,320 --> 00:37:27,320
Are you into urlb.com.

731
00:37:27,320 --> 00:37:33,320
And there I, on the front page, I talked about the four main risks that are associated

732
00:37:33,320 --> 00:37:40,320
with cash balances and a payment risk, counter-party risk, exchange rate risk.

733
00:37:40,320 --> 00:37:45,320
And I wouldn't mind to have a couple of tips.

734
00:37:45,320 --> 00:37:48,320
Yeah, we'll definitely take a look at the site run to gold.com.

735
00:37:48,320 --> 00:37:54,320
I wouldn't mind if you, if you gave the Charlie heads some tips on what to do with their money.

736
00:37:54,320 --> 00:37:57,320
Or should we be running to the gold and forget the paper?

737
00:37:57,320 --> 00:37:59,320
Performance risk.

738
00:37:59,320 --> 00:38:05,320
And what we are seeing right now is risk is being reprised.

739
00:38:05,320 --> 00:38:10,320
Not just with the US dollar, but with all fiat currencies.

740
00:38:10,320 --> 00:38:16,320
And so these fist and disinfectant so much collapse is evaporating.

741
00:38:16,320 --> 00:38:24,320
And that's what we're seeing happen in entire markets like auction rate securities, mortgage tax securities, asset-back commercial paper, etc.

742
00:38:24,320 --> 00:38:26,320
It's all evaporating.

743
00:38:26,320 --> 00:38:34,320
And the counter-parties, to these contracts, which is bear-sterns, they really are too big to fail.

744
00:38:34,320 --> 00:38:41,320
Bear-sterns, for example, was subject to about $13.6 trillion of risk.

745
00:38:41,320 --> 00:38:42,320
There you go.

746
00:38:42,320 --> 00:38:44,320
The derivative contract has been entered.

747
00:38:44,320 --> 00:38:55,320
So there's no way that the Federal Reserve would want bear-sterns to fail because then you have $13.6 trillion of other assets,

748
00:38:55,320 --> 00:39:00,320
but no longer insured or whatnot that counter-parties failed anyways.

749
00:39:00,320 --> 00:39:01,320
So I wonder how that works.

750
00:39:01,320 --> 00:39:06,320
I wonder how much money you need, what percentage of that, you know,

751
00:39:06,320 --> 00:39:13,320
that big trillions of dollars number do you need in reserves in order to be seen as a healthy counterparty?

752
00:39:13,320 --> 00:39:16,320
Again, this is what Sauros is calling for.

753
00:39:16,320 --> 00:39:19,320
He's saying, we should have a centralized system.

754
00:39:19,320 --> 00:39:30,320
We need it yesterday, where the credit worthiness of these types of trades, swaps, literally, they're called swaps, like a swap meat, only with lots of money.

755
00:39:30,320 --> 00:39:34,320
Where the counterparties can be guaranteed, they're not going to go out of business.

756
00:39:34,320 --> 00:39:35,320
Make sense.

757
00:39:35,320 --> 00:39:41,320
Now that you're explaining the vastness of this, which, of course, I was kind of already on to, wow.

758
00:39:42,320 --> 00:39:45,320
All right, website runtagold.com.

759
00:39:45,320 --> 00:39:49,320
Outline some of the basics on monetary policy, and I have some videos there,

760
00:39:49,320 --> 00:39:58,320
but some of the leading monetary scientists in the world, like Dr. Antalpecatee and Robert Landis,

761
00:39:58,320 --> 00:40:02,320
who's JD from Harvard and some of the others anyways.

762
00:40:02,320 --> 00:40:07,320
I think you might find some of it helpful, and it is a complex subject.

763
00:40:07,320 --> 00:40:11,320
And so I'm trying to break it down so it's easily understandable for people.

764
00:40:11,320 --> 00:40:18,320
Anyways, love your hair, keep up the good work, all the good stuff, and sign it all.

765
00:40:18,320 --> 00:40:19,320
Bye.

766
00:40:19,320 --> 00:40:20,320
All right, man, thank you.

767
00:40:20,320 --> 00:40:21,320
All right, there you go.

768
00:40:21,320 --> 00:40:24,320
The official monetary scientists of the Charlie.

769
00:40:24,320 --> 00:40:28,320
Oh, hold on, that's my, I see what that is.

770
00:40:28,320 --> 00:40:30,320
That means my 40 minutes are over.

771
00:40:30,320 --> 00:40:35,320
We'll keep it going for a little bit longer, because we've got more about the federal reserve.

772
00:40:35,320 --> 00:40:38,320
But I think that this is it, this is the guy.

773
00:40:38,320 --> 00:40:40,320
Much more reliable than nylon, by the way.

774
00:40:40,320 --> 00:40:42,320
Here's the guy, the monetary scientist,

775
00:40:42,320 --> 00:40:45,320
bringing you tips and tricks go to runtogold.com.

776
00:40:45,320 --> 00:40:47,320
Hi, Adam, here's the board one.

777
00:40:47,320 --> 00:40:50,320
There's taxation without representation.

778
00:40:50,320 --> 00:40:53,320
That is the problem with the Fed.

779
00:40:53,320 --> 00:40:57,320
By printing money, and I borrowing it at interest,

780
00:40:57,320 --> 00:41:04,320
and then the Fed puts out more money, which he values the money that I already borrowed.

781
00:41:04,320 --> 00:41:06,320
It isn't a sense.

782
00:41:06,320 --> 00:41:08,320
He pays back to tax.

783
00:41:08,320 --> 00:41:11,320
The problem is, I think it's a vote for who's on the Fed.

784
00:41:11,320 --> 00:41:13,320
It's a private bank.

785
00:41:13,320 --> 00:41:16,320
So, I've got no representation.

786
00:41:16,320 --> 00:41:18,320
It's taxation without representation.

787
00:41:18,320 --> 00:41:22,320
And that's the problem with the Fed in 60 seconds or less.

788
00:41:22,320 --> 00:41:23,320
Love you, man.

789
00:41:23,320 --> 00:41:24,320
Yeah.

790
00:41:24,320 --> 00:41:25,320
Love it.

791
00:41:25,320 --> 00:41:26,320
Folder.

792
00:41:26,320 --> 00:41:27,320
Red pill.

793
00:41:27,320 --> 00:41:28,320
I hear you.

794
00:41:28,320 --> 00:41:29,320
I hope you wear it.

795
00:41:29,320 --> 00:41:30,320
Yeah, I'll bet it.

796
00:41:30,320 --> 00:41:31,320
Thank you.

797
00:41:31,320 --> 00:41:33,320
Taxation without representation.

798
00:41:33,320 --> 00:41:34,320
Well, I agree with that.

799
00:41:34,320 --> 00:41:37,320
Because printing a more money, devalues our money,

800
00:41:37,320 --> 00:41:38,320
causes inflation.

801
00:41:38,320 --> 00:41:39,320
It's a hidden tax.

802
00:41:39,320 --> 00:41:41,320
It is taxation without representation.

803
00:41:41,320 --> 00:41:43,320
Although, of course, not officially called that.

804
00:41:43,320 --> 00:41:46,320
But that's one for the cocktail parties, huh?

805
00:41:46,320 --> 00:41:47,320
That's an easy way.

806
00:41:47,320 --> 00:41:49,320
And under 60 seconds, what the hell is going on?

807
00:41:49,320 --> 00:41:52,320
Well, you know how the Fed prints up money, whatever they want to, right?

808
00:41:52,320 --> 00:41:55,320
So, that calls is inflation.

809
00:41:55,320 --> 00:41:57,320
It devalues the dollars in your pocket.

810
00:41:57,320 --> 00:41:59,320
That's the same as a taxation.

811
00:41:59,320 --> 00:42:01,320
It's taxation without representation.

812
00:42:02,320 --> 00:42:04,320
But I have another martini, please.

813
00:42:04,320 --> 00:42:05,320
Hi, Adam.

814
00:42:05,320 --> 00:42:07,320
This is Janice from New York.

815
00:42:07,320 --> 00:42:10,320
I really thought about the conversation you've been having on the D.S.C.

816
00:42:10,320 --> 00:42:12,320
About Muslims and the Netherlands.

817
00:42:12,320 --> 00:42:13,320
Oh, yeah.

818
00:42:13,320 --> 00:42:15,320
This is kind of heated up a little bit.

819
00:42:15,320 --> 00:42:19,320
And I kind of expected that to happen.

820
00:42:19,320 --> 00:42:24,320
We saw this big anticipation of, oh, the Heardveilders film is coming out

821
00:42:24,320 --> 00:42:26,320
and fit another movie is what it's called.

822
00:42:26,320 --> 00:42:30,320
I think there's a new re-edited version up on live league

823
00:42:30,320 --> 00:42:33,320
and some other spots around the net.

824
00:42:33,320 --> 00:42:37,320
I took the movie differently than the way it was explained

825
00:42:37,320 --> 00:42:41,320
for instance by the prime minister of the Netherlands

826
00:42:41,320 --> 00:42:44,320
who immediately, before the movie, he before he even seen the movie

827
00:42:44,320 --> 00:42:47,320
when apologizing to everybody for it.

828
00:42:47,320 --> 00:42:48,320
In fact, it's funny.

829
00:42:48,320 --> 00:42:50,320
I saw it in reverse order.

830
00:42:50,320 --> 00:42:52,320
It was up on two parts on YouTube.

831
00:42:52,320 --> 00:42:55,320
And I saw a part two first, which I thought was far more interesting

832
00:42:55,320 --> 00:42:56,320
than part one.

833
00:42:56,320 --> 00:42:58,320
Part one is really, you know,

834
00:42:59,320 --> 00:43:04,320
all these phrases from the Quran apparently translated properly.

835
00:43:04,320 --> 00:43:06,320
I obviously don't know.

836
00:43:06,320 --> 00:43:11,320
And then showing the real-life versions of what those pages mean,

837
00:43:11,320 --> 00:43:13,320
I wasn't too interested in that.

838
00:43:13,320 --> 00:43:17,320
What I was interested in was the issues of immigration

839
00:43:17,320 --> 00:43:20,320
that were showing up in all the different news clippings,

840
00:43:20,320 --> 00:43:23,320
which pretty much filled up part two.

841
00:43:23,320 --> 00:43:27,320
So I would say that in indeed has a lot to do with the problems

842
00:43:27,320 --> 00:43:32,320
of a lot more to do with immigration, as I've said before.

843
00:43:32,320 --> 00:43:36,320
But now, we're seeing, I think it was at Pakistan.

844
00:43:36,320 --> 00:43:38,320
There was a couple countries where, you know,

845
00:43:38,320 --> 00:43:43,320
10, 20,000 people now calling for a feared builders head

846
00:43:43,320 --> 00:43:49,320
on a stake, you know, boycotting Dutch products, you know, all kinds of,

847
00:43:49,320 --> 00:43:53,320
all kinds of things that you don't typically get with other religions

848
00:43:53,320 --> 00:43:56,320
when they're made fun of or when they're held up against the light

849
00:43:56,320 --> 00:43:59,320
or when they're discussed in any form.

850
00:43:59,320 --> 00:44:01,320
Except, of course, with Scientology,

851
00:44:01,320 --> 00:44:06,320
those guys are probably the closest you can get to being really, really horrible.

852
00:44:06,320 --> 00:44:10,320
They don't pose death threats, but I don't know what's worse.

853
00:44:10,320 --> 00:44:13,320
Getting sued to oblivion or just getting shot and head.

854
00:44:13,320 --> 00:44:16,320
I don't know which one I'd prefer.

855
00:44:16,320 --> 00:44:19,320
You were saying that you think it's not a religious issue,

856
00:44:19,320 --> 00:44:21,320
it's an immigration issue.

857
00:44:21,320 --> 00:44:25,320
And I was even wondering whether it wasn't as much an immigration issue

858
00:44:25,320 --> 00:44:28,320
as really an economic issue, so maybe the two spreads of conversation

859
00:44:28,320 --> 00:44:31,320
you've been having on the DSC come together

860
00:44:31,320 --> 00:44:33,320
when we're talking about money.

861
00:44:33,320 --> 00:44:37,320
I don't know much about the Moroccan and the Netherlands,

862
00:44:37,320 --> 00:44:39,320
but I would guess if they're probably poor.

863
00:44:39,320 --> 00:44:43,320
Oh, I think this is exactly where it cuts.

864
00:44:43,320 --> 00:44:45,320
And the same pretty much goes for the UK.

865
00:44:45,320 --> 00:44:48,320
This really knows such thing as being poor in the Netherlands.

866
00:44:48,320 --> 00:44:51,320
There's just no such thing.

867
00:44:51,320 --> 00:44:54,320
Because it's a socialist state, it's a complete nanny state.

868
00:44:54,320 --> 00:44:57,320
They take care of you from cradle to grave.

869
00:44:57,320 --> 00:44:58,320
It's expected.

870
00:44:58,320 --> 00:45:03,320
So lots of people who I know who have been on the dull or are,

871
00:45:03,320 --> 00:45:06,320
or they can still take a vacation.

872
00:45:06,320 --> 00:45:08,320
They can have a car in the driveway.

873
00:45:08,320 --> 00:45:10,320
They get subsidized housing.

874
00:45:10,320 --> 00:45:12,320
You know, it's not great.

875
00:45:12,320 --> 00:45:13,320
It's not fantastic.

876
00:45:13,320 --> 00:45:14,320
Look, you get seriously ill.

877
00:45:14,320 --> 00:45:16,320
You want that to happen in the Netherlands, dude.

878
00:45:16,320 --> 00:45:19,320
You know, all the shit my dad's going through.

879
00:45:19,320 --> 00:45:22,320
All of the stuff my mom went through

880
00:45:23,320 --> 00:45:25,320
or lung cancer, lung removal.

881
00:45:25,320 --> 00:45:31,320
Everything all paid for by centralized medical care.

882
00:45:31,320 --> 00:45:35,320
Governmentalized medical care, I should say.

883
00:45:35,320 --> 00:45:37,320
So there really is no such thing as being poor.

884
00:45:37,320 --> 00:45:39,320
And if anything, and a lot of that,

885
00:45:39,320 --> 00:45:41,320
I think is the same for here in the UK.

886
00:45:41,320 --> 00:45:45,320
What people say is, they come in.

887
00:45:45,320 --> 00:45:47,320
They don't contribute.

888
00:45:47,320 --> 00:45:50,320
And they just benefit from all of the great things

889
00:45:51,320 --> 00:45:53,320
that we provide in this country.

890
00:45:53,320 --> 00:45:55,320
That's exactly where it's cutting.

891
00:45:55,320 --> 00:45:59,320
You see people who probably have no chance of really integrating

892
00:45:59,320 --> 00:46:03,320
very well because there's no forced teaching of the language.

893
00:46:03,320 --> 00:46:06,320
It's very easy to get around that to get out of it.

894
00:46:06,320 --> 00:46:11,320
Big story in the Sunday Times over here about that over the weekend.

895
00:46:11,320 --> 00:46:17,320
How all these, not the residency, but the citizenship tests are being

896
00:46:18,320 --> 00:46:19,320
supported.

897
00:46:19,320 --> 00:46:22,320
And I think that's exactly what's so irritating.

898
00:46:22,320 --> 00:46:26,320
Why should someone else get great treatment if they don't appear

899
00:46:26,320 --> 00:46:29,320
to actually want to contribute?

900
00:46:29,320 --> 00:46:32,320
Which is a pretty human emotion, I think.

901
00:46:32,320 --> 00:46:37,320
And when immigrant groups become a part of the economic fabric of a country,

902
00:46:37,320 --> 00:46:42,320
then they become less interested in changing the fabric of that society.

903
00:46:42,320 --> 00:46:44,320
Yeah, that's true.

904
00:46:45,320 --> 00:46:49,320
If they weren't poor, it's kind of makes the problem maybe even

905
00:46:49,320 --> 00:46:52,320
soluble because it's their economic status could be improved.

906
00:46:52,320 --> 00:46:57,320
Then they might 48% of them might not be interested in changing the government anymore.

907
00:46:57,320 --> 00:47:01,320
Anyway, this like 48% from what I understand,

908
00:47:01,320 --> 00:47:04,320
don't want the current system of government.

909
00:47:04,320 --> 00:47:09,320
They want a different type of law, such as Sharia law or a hybrid.

910
00:47:09,320 --> 00:47:11,320
I thought Adam loves a show.

911
00:47:11,320 --> 00:47:12,320
Love you.

912
00:47:12,320 --> 00:47:13,320
I mean, it's so long.

913
00:47:14,320 --> 00:47:15,320
Thank you, Janus.

914
00:47:15,320 --> 00:47:17,320
That's appreciated.

915
00:47:17,320 --> 00:47:20,320
It was another good show on the BBC on Saturday.

916
00:47:20,320 --> 00:47:22,320
The big questions is what it's called.

917
00:47:22,320 --> 00:47:26,320
If you live in the UK, you can see it on the BBC eye player.

918
00:47:26,320 --> 00:47:29,320
Otherwise, hopefully someone uploaded that somewhere else.

919
00:47:29,320 --> 00:47:31,320
We can take a look at it all hunt around.

920
00:47:31,320 --> 00:47:34,320
See if it's on YouTube or Google video.

921
00:47:34,320 --> 00:47:37,320
And it was a very good conversation about this.

922
00:47:37,320 --> 00:47:40,320
Really open amongst a number of groups.

923
00:47:41,320 --> 00:47:45,320
I think really the question was, do we have the right to offend?

924
00:47:45,320 --> 00:47:48,320
Does the freedom of speech carry through?

925
00:47:48,320 --> 00:47:52,320
And it's interesting because it's not that way in every country.

926
00:47:52,320 --> 00:47:54,320
In Canada, there are some restrictions.

927
00:47:54,320 --> 00:47:56,320
I think on free speech, you know, they're,

928
00:47:56,320 --> 00:47:58,320
particularly when it comes to the multicultural society,

929
00:47:58,320 --> 00:48:01,320
which seems to be working much better in Canada.

930
00:48:01,320 --> 00:48:05,320
I've heard that they have this sitcom called Little House,

931
00:48:05,320 --> 00:48:09,320
Little Mosque on the Prairie, and it's supposed to be really funny.

932
00:48:09,320 --> 00:48:14,320
But it seems to me like they've dealt with the immigration differently in Canada.

933
00:48:14,320 --> 00:48:17,320
And again, it comes down to immigration, how it's handled,

934
00:48:17,320 --> 00:48:19,320
what the expectations are.

935
00:48:19,320 --> 00:48:22,320
And really, you know, your government,

936
00:48:22,320 --> 00:48:24,320
and you get the government you deserve.

937
00:48:24,320 --> 00:48:26,320
Time and time again, you'll see,

938
00:48:26,320 --> 00:48:30,320
every single nation gets the government it deserves.

939
00:48:30,320 --> 00:48:32,320
No answers for you today, my friends.

940
00:48:32,320 --> 00:48:34,320
Just more questions.

941
00:48:34,320 --> 00:48:38,320
And here's one that was uploaded to the drop.io slash

942
00:48:38,320 --> 00:48:40,320
daily source code.

943
00:48:40,320 --> 00:48:43,320
Figured at my as well play and pod save for not.

944
00:48:43,320 --> 00:48:44,320
It's a apology.

945
00:48:44,320 --> 00:48:46,320
Not the churning.

946
00:48:48,750 --> 00:51:32,320
[ Music ]

947
00:51:32,320 --> 00:51:40,320
And make it right

948
00:51:40,320 --> 00:51:43,320
The band's name is Slings

949
00:51:43,320 --> 00:51:45,320
Title of the song is Apology

950
00:51:45,320 --> 00:51:47,320
Actually that was just emailed to me

951
00:51:47,320 --> 00:51:49,320
It wasn't sent through the drum

952
00:51:49,320 --> 00:51:50,320
I thought it was the drop

953
00:51:50,320 --> 00:51:53,320
Maybe it was

954
00:51:53,320 --> 00:51:55,320
Just a typical little email

955
00:51:55,320 --> 00:51:57,320
Please review and consider our new single

956
00:51:57,320 --> 00:51:58,320
Apology for you and your show

957
00:51:58,320 --> 00:52:00,320
You can also listen to some of our other songs

958
00:52:00,320 --> 00:52:01,320
Alright

959
00:52:01,320 --> 00:52:02,320
Get that shit up on the podcast

960
00:52:02,320 --> 00:52:03,320
Music Network, my friends

961
00:52:03,320 --> 00:52:04,320
That's where you want it to be

962
00:52:04,320 --> 00:52:05,320
That's where it's going to happen

963
00:52:05,320 --> 00:52:07,320
That's what billboard will be writing about

964
00:52:07,320 --> 00:52:10,320
In this coming week or next week

965
00:52:10,320 --> 00:52:13,320
God, I hope it's a good article

966
00:52:13,320 --> 00:52:15,320
Alright, everybody

967
00:52:15,320 --> 00:52:16,320
Let's see

968
00:52:16,320 --> 00:52:19,320
Will over the 40 minute mark

969
00:52:19,320 --> 00:52:21,320
Tomorrow

970
00:52:21,320 --> 00:52:24,320
No show, big big travel day

971
00:52:24,320 --> 00:52:26,320
But maybe I'll get away with one tomorrow night

972
00:52:26,320 --> 00:52:27,320
Which would be good for Wednesday

973
00:52:27,320 --> 00:52:28,320
So somewhere

974
00:52:28,320 --> 00:52:30,320
It'll be light on shows

975
00:52:30,320 --> 00:52:31,320
Just because of all the traveling

976
00:52:31,320 --> 00:52:32,320
But I'm taking everything with me

977
00:52:32,320 --> 00:52:34,320
So it's the minute I have a

978
00:52:34,320 --> 00:52:35,320
A couple of seconds to sit down

979
00:52:35,320 --> 00:52:37,320
And bring you a chuck

980
00:52:37,320 --> 00:52:38,320
Of course will

981
00:52:38,320 --> 00:52:40,320
So ad about podshow.com

982
00:52:40,320 --> 00:52:41,320
DailySourceco.com

983
00:52:41,320 --> 00:52:42,320
For all of the show notes

984
00:52:42,320 --> 00:52:43,320
And

985
00:52:43,320 --> 00:52:45,320
Live your life

986
00:52:45,320 --> 00:52:47,320
With passion

987
00:52:47,320 --> 00:52:48,320
For crying out loud

988
00:52:48,320 --> 00:52:49,320
You only get one

989
00:52:49,320 --> 00:52:50,320
Not a dress rehearsal

990
00:52:51,320 --> 00:52:52,320
And while you're at it

991
00:52:52,320 --> 00:52:53,320
Enjoy your freedom

992
00:52:53,320 --> 00:52:55,320
Another podshow podcast

993
00:52:55,320 --> 00:52:57,320
Stick it in your ear
