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Apr 20, 2024
04/24
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yeah, but 40 years ago in fort worth, texas was a group who started buying pawnshop shops. and i said, a banker, why are you investing this is that it gives us we are allowed to charge 20% a month. i said that's legal. he said absolutely legal. and later on they i mean, they made millions public soon, but why why isn't the bank doing this they say it's not in our charter or because people don't have collateral and credit. say, hang on a second. okay so they didn't that same group started all your cargo is loaning money against cars to the who the banks would not give credit to. they went public for billions. so what is it about banks? they see this profit here. they still don't go after well. i think the first part of your story is more accurate that is, if you look at pawnshops and day lenders and so forth they charge these enormous fees and enormous interest rates. a number of them are financed in the background by some of these big banks they're not the the big banks are to get some of the profits of the share of the profit here without getting the bad publicity. and so
yeah, but 40 years ago in fort worth, texas was a group who started buying pawnshop shops. and i said, a banker, why are you investing this is that it gives us we are allowed to charge 20% a month. i said that's legal. he said absolutely legal. and later on they i mean, they made millions public soon, but why why isn't the bank doing this they say it's not in our charter or because people don't have collateral and credit. say, hang on a second. okay so they didn't that same group started all...
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Apr 24, 2024
04/24
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and texas he was jogging in iowa. jogging in new hampshire. he was jogging all the time for the better for the media. you know. and then he went to a gym in concord and did lifts did weight lifts and said, let me see ronald reagan do that, you know, that type of stuff and that really, really, really that was a and i understand why it was a burn to mrs. reagan saddle so he picked bush because he was out of at the convention they tried the co-presidency with gerald ford that, you know, it worked for about 8 hours and then it fell apart. right. it was just you know, it was nonsense, really. you know, jim baker later, he said he says if they been elected, would you call ford mr. president, mr. vice president, be mr. vice president. mr. president. so fell apart and reagan was out of options. jack kemp was too young. the one option i wish he'd thought of. i wish he thought it was to go back to a 76 choice. the schweiker really, really good man senator from pennsylvania. and he dramatically when he was reagan's running mate in 76, he was he a moderat
and texas he was jogging in iowa. jogging in new hampshire. he was jogging all the time for the better for the media. you know. and then he went to a gym in concord and did lifts did weight lifts and said, let me see ronald reagan do that, you know, that type of stuff and that really, really, really that was a and i understand why it was a burn to mrs. reagan saddle so he picked bush because he was out of at the convention they tried the co-presidency with gerald ford that, you know, it worked...
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Apr 25, 2024
04/24
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wreckage and they put on a plane, cargo plane, to the eighth air force headquarters in in fort worth, texas where someone else at it and says, idiots, this is a weather balloon. and and in about three and a half hours, the military puts a second statement saying, you know, our apologies. it's not a flying saucer it's a weather balloon. and the roswell story comes and goes in about 3 hours and is basically for 30 years and really reemerges all in the wake of watergate in the late 1970s. and, you know, one of the things that really surprised me in working on this book was, is joel said, my previous was a history of watergate. and this book, in some ways ends being a weird sequel to a book on watergate because the second half of the book ends up being a lot about the rise of ufo conspiracy theories and collapse of faith and trust and truth in government institutions. and so the ufo conspiracies become, really the first government can spirits these to rise in wake of watergate the committee the pike committee vietnam, the pentagon papers in the seventies and eighties. and really establish the c
wreckage and they put on a plane, cargo plane, to the eighth air force headquarters in in fort worth, texas where someone else at it and says, idiots, this is a weather balloon. and and in about three and a half hours, the military puts a second statement saying, you know, our apologies. it's not a flying saucer it's a weather balloon. and the roswell story comes and goes in about 3 hours and is basically for 30 years and really reemerges all in the wake of watergate in the late 1970s. and, you...
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Apr 22, 2024
04/24
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if you in texas or california, you're very familiar issues with the electricity grid. these are, you know, broadband internet, for example, you know, isn't in rural areas in a in large parts of this country. so there are lots of problems in all these sectors, too. and i think part of that story is a question of public policy choices. and we can solve some of those problems if think about making different choices as as policymakers it does. me that there are you know, in some ways businesses that are essential to other businesses and tend, as you said, towards concentration or monopoly. why don't we take one last question and i'm going to have got a faculty meeting about this gentleman in the front to see so much, to talk. i have two quick questions. so, one, my first questions that do you have a one question, if you don't mind? okay. so the current problem with iran does true. do you think it has something more than the iranian trade? so so the monopoly of the airline industry in this country is also due to the absence of a high speed railway network. and we don't have
if you in texas or california, you're very familiar issues with the electricity grid. these are, you know, broadband internet, for example, you know, isn't in rural areas in a in large parts of this country. so there are lots of problems in all these sectors, too. and i think part of that story is a question of public policy choices. and we can solve some of those problems if think about making different choices as as policymakers it does. me that there are you know, in some ways businesses...
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Apr 23, 2024
04/24
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angela stroud, a sociologist who went down to texas and interviewed like 100 gun owners and she say, are you here? and you're going everywhere. and they'd be like, well, i could pull up to a bodega and mr. saggy pants gag gangbanger might pull up to my car and if he's packin, i want to be packin. and she'd say, well, did that ever happen? it didn't happen. one time they actually there was not even a bodega where they live. and so so a lot of this. yeah. and so part of this is about the, the kind of fear of speculate in which guns become like, oh my god, i'm unprotected at this moment, which some people is a very real threat i mean, i'm doing a project on guns in israel right now. i'm trying to stop spread of handguns in israel, which is another insane problem. but like there are all these stories, people who didn't have a gun when they need it. and those become like really important real life death stories, but idea of speculative threat. but the problem and is a very short answer to a very complicated and we have we have divided did this whole divide of illegal and legal guns and cr
angela stroud, a sociologist who went down to texas and interviewed like 100 gun owners and she say, are you here? and you're going everywhere. and they'd be like, well, i could pull up to a bodega and mr. saggy pants gag gangbanger might pull up to my car and if he's packin, i want to be packin. and she'd say, well, did that ever happen? it didn't happen. one time they actually there was not even a bodega where they live. and so so a lot of this. yeah. and so part of this is about the, the...
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Apr 23, 2024
04/24
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but then, you know, university of austin, this new fledgling university in texas, they approached me. so i have an affiliation there. you know, my i got this i was approached by substack to move my my writing my newsletter to their platform and that's been paying the bills and you know so we'll see i but as far as an academic job goes i'm still unimpressed with the legacy institutions of i'm back right here. you have the scribe the concept of luxury beliefs as impose costs upon the lower classes in exchange for societal social to the upper classes. but it increasingly seems like with some things like transgenderism, for instance, the upper classes are, you know, very to have that done to their kids as well, that these things are not just things where, you know, they're expressing support for them, but not actually practicing them. how do you think that how does that alter your view of luxury beliefs? well, so the transgender kids. well, so so generally good luxury beliefs they can inflict costs on the upper classes but the the price is lower. they are in a better position to withstand
but then, you know, university of austin, this new fledgling university in texas, they approached me. so i have an affiliation there. you know, my i got this i was approached by substack to move my my writing my newsletter to their platform and that's been paying the bills and you know so we'll see i but as far as an academic job goes i'm still unimpressed with the legacy institutions of i'm back right here. you have the scribe the concept of luxury beliefs as impose costs upon the lower...
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Apr 23, 2024
04/24
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but then, you know, university of austin, this new fledgling university in texas, they approached me. so i have an affiliation there. you know, my i got this i was approached by substack to move my my writing my newsletter to their platform and that's been paying the bills and you know so we'll see i but as far as an academic job goes i'm still unimpressed with the legacy institutions of i'm back right here. you have the scribe the concept of luxury beliefs as impose costs upon the lower classes in exchange for societal social to the upper classes. but it increasingly seems like with some things like transgenderism, for instance, the upper classes are, you know, very to have that done to their kids as well, that these things are not just things where, you know, they're expressing support for them, but not actually practicing them. how do you think that how does that alter your view of luxury beliefs? well, so the transgender kids. well, so so generally good luxury beliefs they can inflict costs on the upper classes but the the price is lower. they are in a better position to withstand
but then, you know, university of austin, this new fledgling university in texas, they approached me. so i have an affiliation there. you know, my i got this i was approached by substack to move my my writing my newsletter to their platform and that's been paying the bills and you know so we'll see i but as far as an academic job goes i'm still unimpressed with the legacy institutions of i'm back right here. you have the scribe the concept of luxury beliefs as impose costs upon the lower...