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Back to episode — Episode 2374 CWSA 02/04/24

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anymore. They only need to brainwash two-thirds and then the other third they will just call white supremacists and just say that we're hoaxing each other. That's all they need. All right, Thomas Massie is opposed to the House bill that would give $14 billion to Israel. And his reasoning is this: Israel has a lower debt to GDP ratio than the United States and we're done. I don't need to hear any…

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who did it come from? Thomas Massie. Why was it Thomas Massie who had to tell you this? Well apparently there's a trend that's being created that the only honest person in Congress is Thomas Massie. Once again he found the only thing that mattered and he's the only person who told you in the government. What is wrong? Is everything broken? Like is just everything broken? Because the media should have been telling you that every time the conversation came up. Every single time the funding came up somebody should have said and you know the situation is that they have a better debt to GDP ratio than we do. How does that not become the first thing you say on this topic? Well some of it is that people don't understand economics. And even when I say debt to GDP there'll be a number of you who are saying I'm not sure what that means. What it means is that Israel could borrow money easier, more easily than the United States. They have better credit essentially. Now there's more to it than the ratio. You know it would be their long-term prospects, the risk involved. You know there's other things. But I just think we should be hard about giving money to anybody who has a better debt to GDP ratio. That they should be giving us money literally anyway.

So I remind you that I'm fully supportive of Israel doing what it needs to do. I just don't think they need to do it with our money. That's a separate question. And by the way this is a good little general lesson in the world of financing and this is hard to understand the first time you hear it. You should separate the question of whether you do something or not from the question of how to pay for it. And that's completely counterintuitive isn't it? It's counterintuitive because you say but wait the ability to pay for it that's like central to the question of whether you do it. The most basic question is can you pay for it and how? Otherwise it's not even in the mix. Nope, nope. Do it the other way. Now in business the reason you do that is that first you have to decide what a good idea looks like and then secondly if it's a good idea you can always get it funded. In the business world — you know the established business world, this is different from a startup — but in the established business world you can almost always get money for a good idea. You can borrow it. You could issue some more stock. You could take it from another part of the company that didn't need it as much. But in the real world of a big company and again just limiting this to big companies you can always find the money one way or another if it's a good idea. If it's not a good idea then you don't need money either way. So first you say is it a good idea and then separately you figure out can you pay for it.

So but with the Israel funding we haven't done that. We should have said is it a good idea for Israel to do what it's doing and for us to like it and support it. Let's say you decided yes. Separately then you say well how would they fund that. But I think we put it together. It's like do we support Israel? Well then we give them money. Right? Support is money. Got to support them with their money. We've conflated two things that should properly be not just in the same conversation but you should force them apart. They should be forced apart and then you have it's a cleaner way to analyze something. Just treat the financing as a separate question. And that is what Thomas Massie is doing. And Thomas Massie again proves that he's just about the only useful person in Congress who's telling you the truth and looking at the important stuff. You know in the same way that I tell you that when I see that Bill Maher is trending do you know what I think? I think oh Bill Maher is trending on X because he said something that's common sense that will be shocking to Democrats. Sure enough. Sam Harris is trending as I said and I know it's going to be about people calling him stupid for some TDS opinion. Sure enough, right? But then you see Thomas Massie trending is almost always because he's the only person who told you the truth and he's the only person who figured out what was important. The trend is really solid. Like Massie is never trending because he was stupid. Ever. That's always the better idea and people like huh hadn't thought of it that way. That's actually smart.

So I guess there's been over 30 attacks on the Houthis in Yemen. Does anybody have the same curiosity that I have? How many Houthis are there? How hard is it to destroy all of Houthiville? I mean seriously you look at a picture of it there's not even a tree that they can hide behind. There's not even bushes. There basically is just a big desert with a bunch of Houthis on trucks with missiles. And how long does it take to kill them all? I'm not saying we should. I'm just saying are there millions, hundreds, tens of thousands who are armed and have missiles? I feel like finding the missiles shouldn't be that hard assuming we have surveillance on it. It's not like they have a lot of cloudy days. We should be able to see what's happening over there pretty easily. I feel like what we need is a swarm approach where we just identify all the targets with satellites or whatever and then we just send 20,000 drones over and they all blow u

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p one different thing. We'll get there but at the moment our idea of sending 36 missiles into Yemen seems like it wouldn't make no difference whatsoever and they're still attacking. So didn't make any difference. So there you are. The Houthis are still blowing up ships. There's a lot more Houthis than you would guess. How many are there? I'd ask AI but it would lie to me. There are millions but ho…

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