Level1 News May 15 2018 - EMP - Elon's Management Problems

The Semantic Wars: A Looming Accounting Scandal and Apple's Credit Card Conundrum

In a shocking turn of events, Cementec stock has tanked after the company issued an obtuse warning to investors. The warning was vague on the details of what exactly went wrong, but it seemed clear that something was amiss. As one investor noted, "They didn't really supply any details about what it was except that no we did not leak anybody's personal information well as the SEC investigation." This lack of transparency has left many investors wondering if Cementec was engaging in accounting irregularities.

The SEC Investigation: A Semantics Game

Cementec's warning has sparked concerns about the company's accounting practices. With no clear details on what went wrong, it's difficult to say whether the company's financial statements were accurate or not. One analyst noted, "I think they're trying to keep it alive a dying business trying to stay alive and borrowed a bunch of money that they can't pay back." This speculation has left many investors wondering if Cementec's troubles are related to accounting irregularities.

A Dying Business in Desperate Straits

Cementec was once a respected player in the industry, but its fortunes have declined significantly in recent years. The company's stock price has plummeted, and it's clear that they're struggling to stay afloat. With no clear explanation for their troubles, investors are left wondering if Cementec is trying to cover up some shady dealings.

A Credit Card Conundrum

Meanwhile, Apple and Goldman Sachs have announced plans to launch a joint credit card product. The new card will allow customers to finance the purchase of an iPhone or other Apple device with interest-free financing options. However, this move has raised concerns about how the companies plan to mitigate risk. As one expert noted, "They're not on the hook for the full retail value of that phone." This means that if a customer defaults on their payments, the credit card company won't be held responsible for the full amount.

The Devil's in the Details

So how do Apple and Goldman Sachs plan to make this work? The answer lies in the fine print. The new credit card will have interest-free financing options for a certain period of time, but after that, interest rates will kick in. This means that customers who default on their payments won't be able to avoid paying the full amount owed. It's a clever move, but it also raises concerns about predatory lending practices.

A Warning to Millennials

The launch of this new credit card product has raised concerns about predatory lending practices among young people. As one online post noted, "We've Millennials we don't have any money but they all I got I phones and goldman sachs is gonna have what little money you have it'll widen the gap." This warning is clear: be cautious of companies like Apple and Goldman Sachs that offer financing options with interest-free periods. The fine print may look good on paper, but it can lead to financial ruin if not carefully reviewed.

The Parallel Universe of Satan

As one observer noted, "It's like two different Satan's working against you." Cementec's troubles and Apple's credit card product are like two sides of the same coin. Both involve a lack of transparency and a willingness to take on excessive risk. It's a warning sign that companies may be engaging in shady practices, and investors should beware.

Capturing Souls from Adjacent Parallel Universes

Finally, there's speculation about whether Cementec's troubles could be related to an adjacent parallel universe where souls are being harvested. One observer noted, "I think we've already captured all the souls that we can in this universe." This bizarre claim raises questions about the nature of reality and what might be hiding just beyond our own universe. While it may seem far-fetched, it's a reminder that there's always more to discover in the multiverse.

The Consequences of Failure

In conclusion, Cementec's troubles are a cautionary tale about the dangers of unchecked corporate power and predatory lending practices. Apple's credit card product raises similar concerns about risk management and transparency. As one expert noted, "Don't fall for it." Take a closer look at the fine print, and don't be afraid to walk away if something seems too good (or bad) to be true.

The Future of Finance: A New Era of Transparency?

As we move forward into an uncertain future, one thing is clear: transparency and accountability are essential in finance. Companies like Cementec and Apple must learn from their mistakes and prioritize honesty and integrity in their dealings with investors and customers. Only then can we build a more just and equitable financial system for all.

The Endgame of the Semantic Wars

In the end, it's unclear what the ultimate outcome of these events will be. But one thing is certain: the war over semantics and transparency has only just begun. As one observer noted, "It's like two different Satan's working against you." The battle may rage on for years to come, but one thing is clear: the stakes are high, and the consequences of failure can be catastrophic.

The Final Word

As we close this chapter on the Semantic Wars, it's clear that the future of finance will be shaped by transparency and accountability. Companies like Cementec and Apple must prioritize honesty and integrity in their dealings with investors and customers. Only then can we build a more just and equitable financial system for all.

"WEBVTTKind: captionsLanguage: entoday's Tuesday May 15th May the 15th be with you it's a terrible joke I've been gone so long I've forgotten how to do this it does and Christus come on she's she's off doing normal things I guess you know a lot of people comment and they complain it's like you guys don't let Kristen be involved enough it's Christmas shows up when she wants to kind of like the face recognition in the UK it just works when it wants to 92% face facial recognition false positive rate in the UK and the police say that's no big deal we talked about this last week what's the champions name no idea yeah well we didn't know either and I made people angry it's actually soccer what yeah well that's football in the European context but yeah the we talked about this last week out of 2400 instances 2000 were wrong and the police are saying you know that's not a big deal that's just normal and that's something we gotta live with is not perfect we're gonna keep using it it's kind of like we should search everybody on the point zero zero zero one percent chance that's the stop and frisk but everybody gets stopped and frisked usually you know they actually try to say that that is non-discriminatory because it's literally everybody which seems like an odd set of reasoning I guess alright well it discriminates but I bet that there are people who get left out of it oh yeah people that are obviously not going to be stopped and frisked because they would complain and they don't have the power to do something about it well you know we talked about this recently where they cuz it's the the alphabet agencies especially the spies are moving more and more away from agents and toward AI because the agents can't beat this kind of thing you can't be embedded somewhere where there's gonna be this kind of camera because it knows the difference between you and your fake identity so it's gonna find you I kind of I mean that kind of makes sense you watch the James Bond movies that like you know he just doesn't even bother using an alias it's like oh who are you it's like James Bond it's like well that was the 70 nothing modern menthe eat away with that he's gonna have to have plastic surgery every other week we'll get a a positive news follow-up for you this week I guess because you know that's a good thing well I know is it positive or is it just this is how things should have been in the first place it's definitely this is how things should have been in the first place but hopefully this is the last follow-up that we hear about this the remember the 19 year old in the somewhere in Canada that downloaded all the public documents from the the government freedom of information portal well the government has decided to drop the charges and that maybe he didn't actually do anything wrong yeah they charged him with some kind of crime accessing something he wasn't supposed to they didn't even use the hacking word I think maybe some people did but anybody who knew understood even the barest context of it didn't and that's because all he did was went to a website and typed in different IDs actually he scripted it because he's somewhat talented young man and they're dropping it because it's such an embarrassment you know I disagree I think I would like to see one more headline I'd like to see him sue the daylights out of these people because they had no they seized all the computer equipment in the house I think about having all your computer equipment in your house taken for how long ago is that two three weeks oh no it's been much longer than that and the the guy the the dad in the family was a work at home dad and they took all of his equipment that used to work right so a modern-day taking all that stuff pretty much halts your life and you know people are making the argument that we need to give homeless people smart phones because that's the only ways you can do basic life activities the facts yet the cops can come in and take everything away from you I wonder if in the future that we get to the point where people have you know cybernetic limbs and it's like oh the amputees and stuff it's like we're gonna take a paper please hands that's like wow that's that's too if it has stories in it we have to take it yeah so that's just that's unacceptable you think there's been an episode of the black mirror about that yeah just hoping enough and they ride I'm gonna tell them that the riders is black mirror watched this show there's gonna be an episode it's like okay I want you to imagine what was the video game Deus Ex I want you to imagine Deus Ex but then they raid the guy and they take out all the cybernetic implants so he's just a torso sitting on the bed it's like just trying to get my stuff back guys that's not that's not or Willian at all or like we're willing to the eighth degree or your arm is you know $25,000 arm and you can't really just get another one like oh we felt child pornography and you know in your phone stored in the so now we have to keep this arm in evidence for the next two years while the case rolls out that's like a you know lore from Star Trek under his thumb nail he had the the board control circuitry or whatever and it's like he would flip up his thumbnail and like dial it back and mess with data it's literally that now it's what we've we've come full circle and other sad sad news the DHS is the the newest extension of the corporate copyright enforcement arm of Apple so the DHS has seized iPhone screens and there's so many stories about this so Jessa Jones is a an iPhone repair lady like and did you watch her congressional testimony she's like I'm a stay-at-home mom but I learned how to fix iPhones cuz it's not that hard and it's like I'd like just we'll get to the Apple confiscating stuff that she's imported from China bearing the Apple logo in a second I just you know apples got let's call it they call it the Genius Bar and a stay-at-home mom is fixing your stuff like iPad minis where when you take an iPad Mini into the Apple store they're like oh no we don't fix those those are unfixable yeah but they did mention this article this is sort of tangentially related they discounted her testimony cuz they said she's not an engineer she's a molecular geneticist so she might be a step above the Genius Bar in terms of intelligence so your argument might not be that great you talk about this woman hmm well I still know I mean it's apples you know multi-billion dollar company it's like how we can't and we can't fix those we can't let people fix those that's just not allowed and so the problem what's happening here according to Luis Rossmann and Lewis Rossum's got a video to go with that as well which you should totally check out because he sort of goes into it is the Apple screens are sort of a fuse together device there is ribbon cables there's some electronics there's the actual LCD and there's the touch glass and 95% of the time when somebody breaks this the screen on their phone it's just the touch glass and so China will get people in China that will get those for recycling or they'll pull them for parts or whatever they'll replace the touch glass but not the ribbon cable and not the LCD screen and not any of the other stuff and then people in America will buy those as refurbished parts and get them back and so Apple is saying no those are counterfeit parts because they still bear the Apple logo which is disingenuous in my opinion the only part that bears the logo and a lot of these cases is the ribbon cable that's the one thing that you can't get anywhere else it's you get that with the Apple logo that's the only way to get it and they admitted that the stuff she ordered was a combination it was sort of like she was taking whatever she could find it's the Frankenstein some of them were legitimate Apple displays some of them were not legitimate and but that story goes in to point out that under existing law none of this matters because this I can't remember the word that they use but this is sort of protected it's like well yeah if you have a part that's sort of cobbled together from real parts and not real parts whatever it doesn't matter that's you're allowed to do that and so they started in the motherboard several laws it was like if she just pursues this at all she should win but of course it's against Apple and yeah that's an army of lawyers now she paid $1,700 for the shipment of phones apparently customs valued it at 276 dollars in the Senate this kind of smarmy letters it's like yeah we we we possess this the people from DHS I can't I can't believe that they would honestly you know they were asked for comment by my motherboard and others and there response was hey you know we do the same thing when people import counterfeit Nikes and it's like if the people at DHS honestly don't see a difference between these cobbled together parts and imported fake Nikes then god help us all yeah well you underestimated Jessica Jones I think you're overestimating DHS the kind of person who works at DHS you're saying they're probably not molecular biologists probably not so this is gonna be a story that we follow with great interest I think maybe in the long run unless things are just so unbelievably corrupt all the way up and down the chain I think in the long run this will probably be good for repair advocates because this case is so absurd Apple should have probably gone after the people that are importing like the actual fake low-quality screens as opposed to like the refurbished screens or the refurbished you know whatever's because you know people in China you can totally order you know fake parts in this case I don't think that was the case based on on what Lewis Rothman was saying but it is totally the case that you could get counterfeit parts that are completely counterfeit parts I think but even then I think it's gonna be up to the repair specialist to take on the responsibility of saying oh this part is substandard it's not gonna work in the screen or you know Apple could make all of this go away by providing replacement parts at a reasonable price now that was one of the laws well the law is as long as nobody's trying to pretend that these are real parts then you can't say that they're counterfeit and the people she was buying from did not pretend that they were real parts in fact they admitted it was a mixture of some of them are refurbished some of them are real some of them were create just you know knockoffs that they may they're and but they weren't being sold as Apple official parts and the only reason compatible the only reason DHS season was because they got the Apple logo on the little flex cable and that logo is smaller than the head of a pin or it's so small that a penny looks gargantuan but I bet Apple has put together some training documents and sent them over to DHS and was like look for the logo you know like that type of thing I bet that's you think maybe people that buy Apple phones are gonna open up their phones and look for the Apple logo on every single component to be like oh man this is a counterfeit Apple if they do then the repair is gonna get a lot you can imagine the normies trying to take apart an iPhone they're gonna destroy it maybe that's Apple's business model all along it's like I've gotta take it apart to make sure the innards bear the official Apple logo lawmakers have moved to block the government from ordering digital backdoors so like the headline sounds really good and then you read the article and it's like nobody ever supports this yeah they tried this in 2015 and never even made it past the initial phase and there's no indication that this is gonna do any better but yeah they're saying hey all this talk of FBI stuff they want backdoors and everything this is a law that would prevent them it's kind of like the FCC not only are we going to stop you from doing this now but there's gonna be a law in the book saying you can never do it which has no chance yeah now it does the articles very careful to point out that things like wiretap laws still exist like the phone company has to provide wiretap access to law enforcement for law enforcement purposes but this could conceivably prevent orders you know a judge from issuing an order to Apple at the behest of the FBI for example to build in a backdoor or to assist them in constructing a backdoor to gain access to iPhones which is a subtle but important distinction and more importantly things like routers and switches and stuff I mean phones okay we can talk about wiretap but wiretap law doesn't affect at least I don't think it affects data but you know it's the hard way just for moving data little do you know about the secret FISA Court interpretation of that law but hey it would be nice if you're one of those people who calls up your representative there's something to talk to him about and also in other I don't know what how would you describe news that causes you to go well it's gonna make this definitely gonna make a lot of people go awry and we're gonna go ahead and you're gonna question our sources here there are no I check for other sources they don't exist and I don't think it necessarily means it's fake news but these are from very right-wing sources and we get blamed of being both riding left the truth is neither but yeah we know we know these are sort of untrustworthy sources and the case of the second story there's a link to the actual thing so it's not I mean they're not making it up this first story though is yet nobody else reported it but I don't have a hard time believing it neither left nor right right we aim to be relentlessly reasonable always erring on the side of logic and reason and this is a story about fact yes can facts be evil well of course they can but does that mean that we shouldn't listen I mean if if it's the truth but it's badge and we shield ourselves from him Twitter is banning conservatives for posting facts so this is in the UK and there was it was something to do with Muslims it was he reported statistics dealing with they have gangs in the UK which recruit young people and he reported a statistic I don't know who statistic it was that Muslim gangs recruited way more than anybody else that was like overwhelmingly what herb and his account he posted some statistics and it's what they've come to call hate facts so you know talk about crime statistics in America minorities commit more crimes I always a lot of people will tell you that's got to do with the economics or you know police being having the discrimination and stuff like that but it is a fact that minorities commit more crimes that's the kind of thing that Twitter would now call a hate fact because it it's race religion you know that kind of thing cultural it's a fact but it still promotes hate so you can't have it do you think maybe that's because people don't understand the correlation it's not necessarily not necessarily causation it's like oh obviously the minorities are the problem because statistically the crimes are higher that that would be an example that Elysee I think a lot of these twitter users are selling that so that's definitely part of the problem but it doesn't make it untrue and if you can't simply state a fact because of censorship and that's kind of a danger but it probably is okay too if someone is stating a fact and then trying to use that to incite something else and that's probably still abandon Belov a fence but it doesn't it was good who decides well I mean that's what it doesn't look like that even happened here it was just sort of a blanket you know zero let's do a zero tolerance policy but a zero tolerance policy nothing in real life is ever that black and white there's always shades of gray well according to the EU laws or you know UK laws or whatever that's not the case you simply can't do these things if it's a fact and it offends people of certain protected classes it's not okay I would say that the UK is sort of doubling down on that because they're saying that they're you know prison time for offensive online posts is totally the direction that we should go in which is really disturbing yeah so these are new guidelines and this story actually does link to the guideline so this is not really as much of an opinion piece again yeah Daily Caller we know it's like a Trump cheerleader web site that's what but the other saying that if if you make these statements online it's gonna be crime it's gonna be it was a crazy amount of time that you might have to it's like seven years at the predict ulis and it has to do again with race religion and gender so if those things are if you're stating bad facts about race religion or gender even if they're true seven years in prison that just seems insane I don't is that is that really necessary like like your stuff happening in the UK that is so bad that that is necessary to actually reel that in or is this just things are so amazing in the UK this is all the you guys have to worry about things are all that amazing you know what I think it might whose it was a conspiracy for you the private prison companies I've sucked all they can out of America so they're moving over to the EU and they're starting all these everything the the knife laws the crazy oh yeah yeah so they're starting up the knife laws and they're starting up all this you know GDP our top stuff they're just gonna fill those prisons I don't know somebody has been retweeting me the news about that and I don't honestly know if it's a real Twitter account or not but the more I look into it the more that I don't think that it is a fake Twitter account I think it's real somebody keeps retweeting me like like the London Metropolitan it's like a like somebody had a picture of a multi-tool that had a hammer on the end and it just looked like a completely ordinary multi-tool and it's like this weapon has been taken off the streets and like the police were really proud of that and it's like dude that's it's like a it's like a 4-inch hammer I mean I saw one friend potato peeling I like would like to believe it's not but who can say that's so that's the thing about it it's gotten to the point where you can't tell parody and reality have merged into one so you can't look out five years ago you showed me that story I'm gonna be like oh that's funny but now it's as chilling as it is funny it is kinda terrifying at least we've got the technology to figure it out for now until they figure out a way to shut that down so California California has adopted a requirement that new homes will be will have solar systems so yeah that's a solar panels how many planets solar panel installation systems not like a bigger on the inside kind of a thing yeah and it it sounds good right I mean solar panels they're good for the environment they're good for keeping you if something happens to the grid then you're on your own but this so there's a guy HL Mencken he's like a big you know libertarian guy he's got some great riding if you ever want to check him out he is this amazing quote I'll paraphrase a little bit I remember exactly what it was but if you have a really good idea but you need the government to enforce it you didn't have a good idea so what you're saying is forcing people to use solar systems is probably not a good idea it seems a little heavy-handed I like that solar technology is pretty much in its infancy and like solar panel technology is just to the point where it's getting exciting battery technology where we are now does not excite me at all battery technology makes it seem like we're stuck in the late 1600s I saw a great conspiracy theory did you see Musk's tweet about the like he was going to destroy the short-sellers with a major new announcement somebody thought that the major new announcement might be that Tesla is gonna be partnering with California to install all of these new solar panels and that's going to crush the shorts hmm I think because they got the batteries I'm not being true at a Tesla's done a world of good in Puerto Rico because apparently we've forgotten that Puerto Rico is a u.s. territory and they still don't have power and there's brownouts and it's it's real bad news in Puerto Rico but apparently Tesla has done some stuff there and it's been really good I think they got a good result from that Australia thing too oh yeah the Australia things work here John you don't ever see the good stuff in the news like that actually I did see a story I didn't include it cuz it's not that interesting but the they did some kind of audit and the Australian thing they saved them a ton of money I don't think nicely done so Tesla is going to by law save a whole bunch of people in California money we don't know that that would certainly help them oh there's been an important Fourth Circuit's ruling on cellphone border searches so this one this was definitely the most time consuming story this week because this story didn't tell me a damn thing yeah well it kind of told us that I think the big takeaway here is when it comes to searching your phone and other computers at the border they it's still kind of up in the air and eventually we're gonna get a Supreme Court decision about that huh so in that context I think that the ruling that just happened was designed specifically to avoid getting any kind of Supreme Court ruling for the next 50 years because it doesn't it seems like to me the ruling doesn't is not really super specific it could be interpreted in some good ways which maybe is good but it it also doesn't really close the door that I think that it the way that it should so too if if it sounds like we're speaking in tongues at this point maybe we should probably recap where we are in America with in terms of like so in America we've got the Constitution and which is like the most important thing ever I can it well theoretically and one of the things in the Constitution is that citizens you know should be secure in their persons and papers and subject so not subject to unreasonable searches and seizures but there's this boarder exception that's just been getting bigger and bigger and bigger would you say that it's mainly because of fear of terrorism the last 20 years I think that's how it's sold to us and what it's it's a crazy percentage of the land mass that's under that yeah it's like a hundred miles inland which is like two-thirds of America yeah it's the it's the majority of the country is within this non Fourth Amendment zone which doesn't make any sense so this there been a lot of arguments about when you talked about if you come into this country from a foreign country and you're little suspicious maybe you're wearing turban but then they will now ask you for your social media passwords look that's a real thing that's like hey give up your passwords so we can go in and make sure you're not Isis or was it real it lessly reasonable if that does not seem reasonable and they can search your phone and your computer and things like that yeah and totally unreasonable these rulings have to do with that and it's kind of good news I think maybe if you if you had to vote yes or no maybe you'd vote YES for this being good one of the things was they talked about the the Nexus of evidence which is you need to be investigating something other than the fact that they're just at the border with their phone like you have to have a reason to suspect something from these people it didn't come right out and say it yeah but it's sort of laid down case law if you want to argue it the next time and like you say it could be like it's 12 more cases before we get to the Supreme Court then you could cite this and be like no no you didn't have any reason to search me it sounds like that it's the I think what you're talking about I read on some law blogs is like a case-by-case Nexus like the evidence could be thrown out if there was not a legit reason to do that so a lot of the language in here makes it seem like well you can still do the search but if it's not like super terrorism smoking gun then the evidence for that is going to be thrown out later which doesn't really close the doesn't really put the genie back in the bottle doesn't really close the door in my opinion yeah it's that's something we need a definite answer on I fear if it goes to the Supreme Court we're gonna get an answer we don't like do you think that the the fear here is that the the people that were rotting the ruling are scared enough that you know if it was written in plain black and white that the American people might be like no no hell no we're not gonna go for this this is crazy well it could be fearful in both directions because it could go that way or the shadow government can well there could be another 9/11 and then it's like it was because of this judge and weakening the policy and in that they go way in the other direction there goes that God's political career everything is how a landmass that gets the fourth amendment strip away from it so there were there are reasonable people in the world I don't know I don't know why they can't get any traction in government but I do know what this next generation comin is gonna blow your mind when it comes to being reasonable switching gears a little bit the EMP Commission has warned that that a blackout of electricity food and water to last a year or longer and be a huge death toll so this this article is basically just saying if there's an EMP event or something that messes with the power grid or really anything that because everything like all business has been optimized for just-in-time deliveries nobody stocks anything anymore and so if anything at all disrupts this sort of ecosystem of deliveries that it's gonna cause everything to come crashing down and it would take at least a year to get back on track yeah there this was a I was actually an EMP Commission that was formed I can't remember when it was and they've sort of been tasked was like we'll figure out how bad it would be and the results they come up with for pretty much what you'd expect it would be Mad Max pretty rapidly because I think we have it's like seven meals before you start killing is the estimation and not from these guys that's just you know that's a well-known prepper thing that's like you're seven meals away from murdering to get what you need and they talk about how we're not equipped we all have electric appliances and once that's over you have to boil water you have to cook food you're gonna have to start cannibalizing your own home and furniture when that runs out then you have to leave your house they talked about a curfew but who's gonna enforce it what are we enough people yeah what police department is gonna obviously we need more police here in America the see I don't think the police like when it comes down to that why would you you have a family protect you're not gonna go out and be a cop there's no way and so this actually happened once in 1859 there is a solar flare and the solar flare destroyed like the telegraph system and all this kind of stuff but it wasn't as big of a deal in 1859 if what happened in 1859 happened today it would be much worse than this articles describing well that's one of the big things they talk about is the people of 1859 were way better equipped to deal with frontier life and that kind of thing people knew how to live off the land to some extent at least most of them did and nowadays forget it we have this story what was a couple of weeks ago where the a 30 minute power outage caused the 2.9 percent reduction in flash production on a global scale and there were also 60 million people in the US in 1859 200 million hours of 215 it's like almost three hundred zombies three hundred so 350 maybe I don't know that's a lot more people competing for the same resources it's gonna end really badly really extra so the lesson here is if that happens just go straight to cannibalism no don't use up your dry foods save those for later and just start eating your neighbors I would also point out localized disasters like Louisiana and Puerto Rico Louisiana you know Katrina was a long time ago at this point and it's still not exactly right in Puerto Rico man helps Puerto Ricans I actually feel really bad for Rico because they've just been abandoned and forgotten how about why oh yeah the volcanoes people built houses on a volcano well I feel like they probably should have known better in that case oh there comes the downvotes isn't maybe a little too soon ticketmaster hopes to speed up event access by scanning your face so that's not good that's gonna be more than than eight percent accurate like we were learning from the police database right because there was only eight percent accurate in the police database well the police database the problem was the initial images that they have of those people were terrible but they used them anyway here I imagine they will have a very very amazing like 200 point scan of your face but the problem is what happens when their database gets hacked and they've got an amazing 200 point scan of your face that will totally be here to help you that's gonna be amazing it's like 3d printable latex faces the map of your face onto somebody else's face and then you just go commit crimes with impunity yeah or use their credit cards go to the store go to the Amazon store use their stolen Amazon log in with a slap on their face no questions asks just in and out take whatever you want you'll get the free yogurt all the free yogurt you can stand I think people will go for this though because they talk about the way this technology works it you don't have to like walk up and stand in front of the box office and let it like a laser go up and down your face like the old sci-fi movies this just catches you out in the crowd so that they can literally have cameras running while all the the masses are coming in and spa anybody who's not supposed to be there hmm that's not dystopian at all how many times can you say that in an episode of the level one these jeez how many stories of that if you're in Europe or even if you're not in Europe gdpr is coming coming to life gdpr is the general data protection requirement companies like you have a right to be forgotten as a European citizen you can ask companies to delete all of your data and companies are not really supposed to collect much data in the first place without affirmative consent so some companies are finding it hard to set up their infrastructure to be able to comply with that so services like this one are popping up which will just block you from accessing the resources if your IP address hails from Europe and if you really eat you I should say if you use some kind of VPN or something to get around this I think they've got a pretty ironclad argument in court it's like hey this person knew exactly what they were doing they did everything they could get around our bar we tried to keep them safe they got around it they came in where they weren't welcome we're allowed to keep their data but they would win that case suddenly I'm starting to think that people that came up with gdpr are the people that are really really after the you know the balkanization of the internet meaning that we segment the the Internet into the nation-states that underpin it which is not one of the ideals of the Internet that's real bad news for the EU because the culture gets created here no engagement need to offset that with more engagement posts so I watched this video uber shows off its flying car prototype which looks like a giant drone I watched their video with like all their people and like the guy from NASA and he's like yeah I used to work at NASA we're gonna make this thing happen and like their little prototypes and it was a lot of CG and I really think this is right for turning into a parody because I don't think that any of those people are in any way connected to reality the thing that really got me about this story is they expected these big helipads to land a taxi of flying taxi every 24 seconds can you imagine you would have to have air traffic control just for that and what happens when there's two competing companies what happens when you've got a little old lady just trying to get out of the air ejector seats for old ladies so a very optimistic ambitious maybe that's the word to use it sounds kind of cool that seems like most of these will be on rooftops too so maybe now is convenient as you think you're still gonna have to ride an elevator and I guess that's quicker and on the ground it depends on the building I mean a lot of the buildings have Express elevators to the upper floors or to the to the roof perhaps so you know if you choose the right building you may just be extending the elevator shaft you know another story and then you've got the express elevator to the to the ground-floor just depends on how much is willing to pay for that all right we'll see maybe it'll sort of take the congestion out of the regular streets and we just sort of you know the sky's those guys get congested the streets get less congested we just end up with kind of a 50/50 thing so what you're saying is that the people that live above will never have to touch the urchins that live below all those lots of sci-fi about that wasn't there a final fantasy yeah that was about that like the the below people in the above people yeah yeah and that was you know when New York was like redoing their subway I think it was like in the 80s or 90s man you got to go back and watch some of those ads because New York was like you know even the most ghetto fabulous you know thug gangster and the Wall Street business tycoon everybody takes the subway so let's keep the subway amazing and clean and not filled with the graffiti and stuff like that and now this it's like no we've given up on the subway we're not digging any new tunnels you're just gonna have to rely on uber scott-carr because you know only the only the murderous used the subway yeah he's gonna push forward with loot boxes in a headline that surprised to no one there were a couple of countries that actually rule against it and said that was gambling and they're kind of just saying you know what we're gonna do this anyway and I wonder at what point does one little country versus all that loot box money result in the GDP our top thing it's like okay well you people don't get to play this games that simple I said that'll happen probably sooner rather than later how do you imagine this if they didn't play ball with that though if they're like okay we'll give you a version of the game that doesn't have loot boxes and then like the Lithuanian version of whatever from AAA is like the most amazing version of something ever because you get the whole story but then well they're talking about like a FIFA game here big one so then and it listen beefy not a big seller in America I bet but then you are they gonna be allowed an online play because they either have everything or their nerf because they can't get the powered up players so it's unfair by default for them so they'll only be playing a Lithuanian servers weren't everybody's got a nerf to count I don't know a lot of questions there sorry Lithuania actually like you guys you should give us an upvote to offset those earlier down votes because engagement things are looking bleak as ete ceases its main business operations as ete is a chinese cell phone company its article from techCrunch's it's sort of the things are kind of weird though because like this phone company's caught up in this geopolitical mess yeah reported last week though ZTE and Huawei cannot be sold on in the US or on US military bases I think that's where they're probably the most popular is the deployed soldiers because I don't know I don't know anybody's got a ZTE phone to you know but I imagine you can get him here Huawei was making some really interesting looking electronics though not just phones laptops and some other stuff too so I was gonna I was really looking forward to Computex to get a closer to look at some of the Huawei stuff because wow I mean they've come out of no way I mean now they're not really coming out of nowhere because the Chinese company that underpins them has been around forever but in terms of like we're gonna be a first-party thing for products in outside of China it's exciting but not so much now the bigger thing here is that part of these sanctions would stop them from getting their hands on certain networking equipment they need to build their device and stuff that they don't build themselves so it wasn't so much you're not allowed to sell them but this was going to their supply chain hmm so what you're saying is that well it seems to me that one solution for this would be to modularize phones even more than they are I mean theoretically the SIM card should be the cryptographic powerhouse of a phone and if the Chinese companies are not involved in making me cryptographic controls there's not really a lot they can do to leak information if all the cryptography is controlled by the sim now there's side-channel attacks and there are lots of practice problems with building it that way but if we were legitimate I mean it just seems so dumb because building any type of this stuff is definitely a global operation it's going to involve US companies and Chinese companies and probably Japanese companies and companies in Germany and the European Union and if we all don't trust each other that's actually completely okay we can build that lack of trust into the technology and the way that the data is serviced and the consumer would benefit from that but I think that because everybody's concerned with building their own backdoors and weaknesses into that we end up with this mess that we have now yeah but do you think is any possibility that the major US companies aren't in bed with the government to some extent I mean that's the so what we should just assume that everybody is out to do this kind of stuff for the hardware and then we'll have better hardware for it but you can't admit that if you're the government or those companies so but everybody's doing it we owe everybody knows that but they don't know the normies don't know the normies think that the Russians are just it's you know it's like the Russians and the Chinese and they're evil we would never do that but the reality is we're all doing that you talk about the solution could be that well it turns out the solution is actually just more political posturing so president Trump has just saved the embattled Chinese filmmaker ZTE so we go from we go from lows to highs just that fast but not so fast I think his headlines a little misleading yeah I think this Trump problem I don't know if he knows enough about technology to know what was gonna happen here but he immediately saw the opportunity here is like yes let's negotiate cuz that's what he's good at say which one about Trump you know he's he's not great in a lot of ways but he's a hell of a negotiator and I think he's gonna get in there and you know try to get some advantages for the US and China has a huge interest in saving these guys cuz that's a lot of their economy it's gonna be interesting to see how this plays out over the next few weeks it's gonna be interesting to see their presence in at Computex in all honesty huh it's like did they go from like you know the giant mega booth that takes up an entire city block inside the exhibition hall or is it just like an out-of-the-way place in one of these sub exhibition halls time will tell I'm sure it'll be in the level one Computex coverage we've got so much Tesla news this week look at Tesla the engineering head Doug field takes a break from the company uh-huh you know it just he's on paid leave it sounds like he's on vacation uh yeah you've won really news I mean Reuters think so I think any we got a lot of leave Tesla loan people in the audience they hate it when we talk about Tesla and they're right in the sense that I think they get a lot of negative press coverage but they get a lot of positive press coverage so they sort of live by it and die by it so you can't be such a media darling without having everything scrutinized if you're the head of your division is like I got to be away from this during a time what they call production hell that's newsworthy so he is the guy that is in charge of the model 3 production is what I gathered from the article and so the input what the the implication here is what's he doing taking a vacation when it's like maybe they're waiting on a supplier musk is sleeping at the office yeah and this guy's in you know he's gonna go on vacation he's in st. Barts it's drinking from a coconut if you're that guy and you read this article and it's like I don't think you guys understand I put in three years the past three years everything is good to go they don't need me anymore they just need to follow the process everything is fine we're just waiting on our suppliers well it may be he's the guy who decided to put all the robots in there yeah he's in the re-education camp my Tesla education well of course it made the it made the news because there were a bunch of there were two teens killed and one seriously injured in a Fort Lauderdale Tesla crash it does look like autopilot was enabled in this crash no I don't think so because they were doing way too fast okay so they hit a wall and they were doing like 60 and of 35 or something like that so I don't think the autopilot would ever do that so this one this this seems pretty cut and dry they were joyriding having a good time these were younger kids I think like college age kids maybe high school they hit a wall but the problem is as soon as they hit that wall the whole car just burst into flames immediately and one the kid that survived was thrown from the vehicle and the fire was so bad it immediately killed the other two so that's the and this article does point out that gasoline engine cars through also catch fire but again these are supposed to be you know the this new technologies supposed to protect it's supposed to be this amazing new thing and these crashes are pretty bad hang on I'll read the disclaimer from the article that's at the very bottom I think I'm trying to scroll down but the news oh that news JavaScript the GD P R has definitely not helped the news JavaScript it just just causes all kinds of problems it might be on the other story it is on the other story well so this leads into the other really amazing part of the story is that they towed the car and you know it was just in a salvage yard somewhere and I think seven days later or six days later it bursts back into flame yeah it the fire was out but the battery caught fire again so in Tesla's guides they talked a little bit about how Tesla make some of the stuff online to check out for like first responders and I checked some of that out and it is actually really interesting because you're like use copious amounts of water like get a second supply of water and just douse that thing with a crazy amount of water and then it talks about how to disable and remove the batteries and how Tesla will fly Engineers out to remove the batteries and blah blah blah and in some other crashes that have been there Tesla plants they've helped you know first responders dismantle the vehicle to make it safe again and and all sorts of interesting all sorts of interesting stuff and so a lot of first responders don't know how to respond to electric vehicles the way that they know how to respond to gasoline vehicles which is part of it and that's not Tesla's fault but it is interesting that the you know inert wreckage burst into flames again which I'm sure that that's probably happened with a gasoline vehicle like somebody didn't drain the gas out of the engine of the tank properly and then something happened on it caught fire I think they always evacuate them and the question I guess here is if you had gone through the proper battery disconnect with this level of damage with that battery have simply ignited itself anyway I'm not sure of course the NTSB is looking into this I'm sure we'll have a report at some points exactly what happened for the guys that love to email me as usual it's important to remind everybody that even though electric vehicle fires are heavily represented in the media electric vehicles do not catch on fire more often than gasoline cars according to the National Fire Protection Association more than 150 thousand gasoline fires occur every year in the u.s. now I'd like to see a percentage though because just to say that 150,000 out of aren't there more cars than people in America yeah so that's a that's a big number and how many electric cars do we have yeah we need to I don't know if we've got enough enough electric cars on the road for it to really be statistically significant yet cuz yeah I don't know but that's not you know you think well okay they gave me the disclaimer so I can I can calm down now but I want my updates the the test the test Lutz who keep advocating for those loops there was another crash unfortunately now we don't know if the autopilot was on but I got hit a firetruck yeah which that's hard not to notice a firetruck this is the one I was thinking of I can't wait for the dashcam footage on this one yeah he headed at 60 miles an hour he just had to read about you to evaluate your life decisions just how did you miss that this is the second test I'll hit a firetruck the other one it turned out was trying to avoid a head-on collision so that kind of makes sense and it was the autopilot that did that we don't know if the auto pilot was paint this car had autopilot but we don't know if it was engaged witnesses said that the Model S did not break prior to impact didn't kill him though so nice crash rating I suppose cementec stock has tanked after they issued an apparently obtuse warning but they didn't really supply as supply any details about what it was except that no we did not leak anybody's personal information well as the SEC investigation which you have to tell your shareholders about so they I think they did the bare minimum they're like yeah something's going on but we don't have to tell you what so we're not gonna and it's bad news for semantics their stock went way down 20% on that announcement I think it clawed back a little bit but I wonder do you think a lot of people use semantics product at this point I don't I would like to think no I mean at one time they were a great product but anymore now there's been a lot of years yeah a great product I I have a feeling this is gonna be accounting irregularities that they're counting things like the free installations that are bundled with OEMs is like paying customers and just crazy stuff like that probably and maybe just trying to keep it alive a dying business trying to stay alive and borrowed a bunch of money that they can't pay back may be bad news for creditors in China you're not gonna get your semantic loans back is that how they usually do that she invested in ZTE that's how Remington did at Remington do the whole bankruptcy thing and they were like Oh creditors in China know we're not paying you everybody else you're good though so you can give people loaning people things and then not paying them back and then minimizing risk Goldman Sachs and Apple are gonna launch a joint credit card so this is kind of a follow up this is kind of new information but there is enough information in this article that I can I can say that basically we predicted it correctly when we first mentioned it well we talked about they announced they were gonna they were thinking about doing financing for iPhones and stuff like that I'm sure this is gonna be a part of that yes it's gonna be built into haven't announced that yet but they totally will and the other thing is the new thing is this credit card is going to have some sort of tie-in with Apple pay yeah so they show a screenshot of sort of like a little digital credit card on your iPhone I imagine that you won't have a won't have to have a physical card could exist exist just on your Apple products use it that way but it will be like a traditional credit card now to recap what we predicted the first time this came up suppose that you've got a product maker that can make a product for $200 and but sell it for $800 and suppose that you've got a finance company a bank whatever is willing to finance somebody two or three hundred dollars but they're not really willing to risk a full six hundred dollar difference there in terms of like people not paying the money back so you get a bank that will loan you four hundred dollars on that two hundred dollar payment that hoping that you'll pay the full thing back but they're not willing to assume the full risk of if you don't pay them back it looks like this is what's gonna happen here Apple and Goldman Sachs are gonna share the risk of you you know abscond in with your cell phone without paying for it on the credit card and then ruining credit and all that kind of stuff but you know Apple doesn't get the full retail value of the phone necessarily in that case but goldman sachs is not on the hook for the full retail value of that phone either and they get the phone back they're gonna repossess it and then you're out both a phone and a credit card which is bad so maybe you'll make that payment before you make other payments because it's gonna be such a disruption in your life yeah don't fall for this I mean let's let's revisit the original problem a $200 phone for $800 how are they doing that yeah it's called robbery I mean the first problem is you bought an iPhone but my second problem is you did business with goldman sachs and then you put the two together it's like Satan and Satan from a parallel universe it's like two different Satan's working against you that's just so well we've already captured all the souls that we can in this universe where can I have to capture Souls from an adjacent parallel universe because there's just not any more Souls than that yeah and that definitely seems to be you see all these these posts online where it's like oh we've Millennials we don't have any money but they all I got I phones and goldman sachs is gonna have what little money you have it'll widen the gap don't fall for it and we'll see you on Wednesdaytoday's Tuesday May 15th May the 15th be with you it's a terrible joke I've been gone so long I've forgotten how to do this it does and Christus come on she's she's off doing normal things I guess you know a lot of people comment and they complain it's like you guys don't let Kristen be involved enough it's Christmas shows up when she wants to kind of like the face recognition in the UK it just works when it wants to 92% face facial recognition false positive rate in the UK and the police say that's no big deal we talked about this last week what's the champions name no idea yeah well we didn't know either and I made people angry it's actually soccer what yeah well that's football in the European context but yeah the we talked about this last week out of 2400 instances 2000 were wrong and the police are saying you know that's not a big deal that's just normal and that's something we gotta live with is not perfect we're gonna keep using it it's kind of like we should search everybody on the point zero zero zero one percent chance that's the stop and frisk but everybody gets stopped and frisked usually you know they actually try to say that that is non-discriminatory because it's literally everybody which seems like an odd set of reasoning I guess alright well it discriminates but I bet that there are people who get left out of it oh yeah people that are obviously not going to be stopped and frisked because they would complain and they don't have the power to do something about it well you know we talked about this recently where they cuz it's the the alphabet agencies especially the spies are moving more and more away from agents and toward AI because the agents can't beat this kind of thing you can't be embedded somewhere where there's gonna be this kind of camera because it knows the difference between you and your fake identity so it's gonna find you I kind of I mean that kind of makes sense you watch the James Bond movies that like you know he just doesn't even bother using an alias it's like oh who are you it's like James Bond it's like well that was the 70 nothing modern menthe eat away with that he's gonna have to have plastic surgery every other week we'll get a a positive news follow-up for you this week I guess because you know that's a good thing well I know is it positive or is it just this is how things should have been in the first place it's definitely this is how things should have been in the first place but hopefully this is the last follow-up that we hear about this the remember the 19 year old in the somewhere in Canada that downloaded all the public documents from the the government freedom of information portal well the government has decided to drop the charges and that maybe he didn't actually do anything wrong yeah they charged him with some kind of crime accessing something he wasn't supposed to they didn't even use the hacking word I think maybe some people did but anybody who knew understood even the barest context of it didn't and that's because all he did was went to a website and typed in different IDs actually he scripted it because he's somewhat talented young man and they're dropping it because it's such an embarrassment you know I disagree I think I would like to see one more headline I'd like to see him sue the daylights out of these people because they had no they seized all the computer equipment in the house I think about having all your computer equipment in your house taken for how long ago is that two three weeks oh no it's been much longer than that and the the guy the the dad in the family was a work at home dad and they took all of his equipment that used to work right so a modern-day taking all that stuff pretty much halts your life and you know people are making the argument that we need to give homeless people smart phones because that's the only ways you can do basic life activities the facts yet the cops can come in and take everything away from you I wonder if in the future that we get to the point where people have you know cybernetic limbs and it's like oh the amputees and stuff it's like we're gonna take a paper please hands that's like wow that's that's too if it has stories in it we have to take it yeah so that's just that's unacceptable you think there's been an episode of the black mirror about that yeah just hoping enough and they ride I'm gonna tell them that the riders is black mirror watched this show there's gonna be an episode it's like okay I want you to imagine what was the video game Deus Ex I want you to imagine Deus Ex but then they raid the guy and they take out all the cybernetic implants so he's just a torso sitting on the bed it's like just trying to get my stuff back guys that's not that's not or Willian at all or like we're willing to the eighth degree or your arm is you know $25,000 arm and you can't really just get another one like oh we felt child pornography and you know in your phone stored in the so now we have to keep this arm in evidence for the next two years while the case rolls out that's like a you know lore from Star Trek under his thumb nail he had the the board control circuitry or whatever and it's like he would flip up his thumbnail and like dial it back and mess with data it's literally that now it's what we've we've come full circle and other sad sad news the DHS is the the newest extension of the corporate copyright enforcement arm of Apple so the DHS has seized iPhone screens and there's so many stories about this so Jessa Jones is a an iPhone repair lady like and did you watch her congressional testimony she's like I'm a stay-at-home mom but I learned how to fix iPhones cuz it's not that hard and it's like I'd like just we'll get to the Apple confiscating stuff that she's imported from China bearing the Apple logo in a second I just you know apples got let's call it they call it the Genius Bar and a stay-at-home mom is fixing your stuff like iPad minis where when you take an iPad Mini into the Apple store they're like oh no we don't fix those those are unfixable yeah but they did mention this article this is sort of tangentially related they discounted her testimony cuz they said she's not an engineer she's a molecular geneticist so she might be a step above the Genius Bar in terms of intelligence so your argument might not be that great you talk about this woman hmm well I still know I mean it's apples you know multi-billion dollar company it's like how we can't and we can't fix those we can't let people fix those that's just not allowed and so the problem what's happening here according to Luis Rossmann and Lewis Rossum's got a video to go with that as well which you should totally check out because he sort of goes into it is the Apple screens are sort of a fuse together device there is ribbon cables there's some electronics there's the actual LCD and there's the touch glass and 95% of the time when somebody breaks this the screen on their phone it's just the touch glass and so China will get people in China that will get those for recycling or they'll pull them for parts or whatever they'll replace the touch glass but not the ribbon cable and not the LCD screen and not any of the other stuff and then people in America will buy those as refurbished parts and get them back and so Apple is saying no those are counterfeit parts because they still bear the Apple logo which is disingenuous in my opinion the only part that bears the logo and a lot of these cases is the ribbon cable that's the one thing that you can't get anywhere else it's you get that with the Apple logo that's the only way to get it and they admitted that the stuff she ordered was a combination it was sort of like she was taking whatever she could find it's the Frankenstein some of them were legitimate Apple displays some of them were not legitimate and but that story goes in to point out that under existing law none of this matters because this I can't remember the word that they use but this is sort of protected it's like well yeah if you have a part that's sort of cobbled together from real parts and not real parts whatever it doesn't matter that's you're allowed to do that and so they started in the motherboard several laws it was like if she just pursues this at all she should win but of course it's against Apple and yeah that's an army of lawyers now she paid $1,700 for the shipment of phones apparently customs valued it at 276 dollars in the Senate this kind of smarmy letters it's like yeah we we we possess this the people from DHS I can't I can't believe that they would honestly you know they were asked for comment by my motherboard and others and there response was hey you know we do the same thing when people import counterfeit Nikes and it's like if the people at DHS honestly don't see a difference between these cobbled together parts and imported fake Nikes then god help us all yeah well you underestimated Jessica Jones I think you're overestimating DHS the kind of person who works at DHS you're saying they're probably not molecular biologists probably not so this is gonna be a story that we follow with great interest I think maybe in the long run unless things are just so unbelievably corrupt all the way up and down the chain I think in the long run this will probably be good for repair advocates because this case is so absurd Apple should have probably gone after the people that are importing like the actual fake low-quality screens as opposed to like the refurbished screens or the refurbished you know whatever's because you know people in China you can totally order you know fake parts in this case I don't think that was the case based on on what Lewis Rothman was saying but it is totally the case that you could get counterfeit parts that are completely counterfeit parts I think but even then I think it's gonna be up to the repair specialist to take on the responsibility of saying oh this part is substandard it's not gonna work in the screen or you know Apple could make all of this go away by providing replacement parts at a reasonable price now that was one of the laws well the law is as long as nobody's trying to pretend that these are real parts then you can't say that they're counterfeit and the people she was buying from did not pretend that they were real parts in fact they admitted it was a mixture of some of them are refurbished some of them are real some of them were create just you know knockoffs that they may they're and but they weren't being sold as Apple official parts and the only reason compatible the only reason DHS season was because they got the Apple logo on the little flex cable and that logo is smaller than the head of a pin or it's so small that a penny looks gargantuan but I bet Apple has put together some training documents and sent them over to DHS and was like look for the logo you know like that type of thing I bet that's you think maybe people that buy Apple phones are gonna open up their phones and look for the Apple logo on every single component to be like oh man this is a counterfeit Apple if they do then the repair is gonna get a lot you can imagine the normies trying to take apart an iPhone they're gonna destroy it maybe that's Apple's business model all along it's like I've gotta take it apart to make sure the innards bear the official Apple logo lawmakers have moved to block the government from ordering digital backdoors so like the headline sounds really good and then you read the article and it's like nobody ever supports this yeah they tried this in 2015 and never even made it past the initial phase and there's no indication that this is gonna do any better but yeah they're saying hey all this talk of FBI stuff they want backdoors and everything this is a law that would prevent them it's kind of like the FCC not only are we going to stop you from doing this now but there's gonna be a law in the book saying you can never do it which has no chance yeah now it does the articles very careful to point out that things like wiretap laws still exist like the phone company has to provide wiretap access to law enforcement for law enforcement purposes but this could conceivably prevent orders you know a judge from issuing an order to Apple at the behest of the FBI for example to build in a backdoor or to assist them in constructing a backdoor to gain access to iPhones which is a subtle but important distinction and more importantly things like routers and switches and stuff I mean phones okay we can talk about wiretap but wiretap law doesn't affect at least I don't think it affects data but you know it's the hard way just for moving data little do you know about the secret FISA Court interpretation of that law but hey it would be nice if you're one of those people who calls up your representative there's something to talk to him about and also in other I don't know what how would you describe news that causes you to go well it's gonna make this definitely gonna make a lot of people go awry and we're gonna go ahead and you're gonna question our sources here there are no I check for other sources they don't exist and I don't think it necessarily means it's fake news but these are from very right-wing sources and we get blamed of being both riding left the truth is neither but yeah we know we know these are sort of untrustworthy sources and the case of the second story there's a link to the actual thing so it's not I mean they're not making it up this first story though is yet nobody else reported it but I don't have a hard time believing it neither left nor right right we aim to be relentlessly reasonable always erring on the side of logic and reason and this is a story about fact yes can facts be evil well of course they can but does that mean that we shouldn't listen I mean if if it's the truth but it's badge and we shield ourselves from him Twitter is banning conservatives for posting facts so this is in the UK and there was it was something to do with Muslims it was he reported statistics dealing with they have gangs in the UK which recruit young people and he reported a statistic I don't know who statistic it was that Muslim gangs recruited way more than anybody else that was like overwhelmingly what herb and his account he posted some statistics and it's what they've come to call hate facts so you know talk about crime statistics in America minorities commit more crimes I always a lot of people will tell you that's got to do with the economics or you know police being having the discrimination and stuff like that but it is a fact that minorities commit more crimes that's the kind of thing that Twitter would now call a hate fact because it it's race religion you know that kind of thing cultural it's a fact but it still promotes hate so you can't have it do you think maybe that's because people don't understand the correlation it's not necessarily not necessarily causation it's like oh obviously the minorities are the problem because statistically the crimes are higher that that would be an example that Elysee I think a lot of these twitter users are selling that so that's definitely part of the problem but it doesn't make it untrue and if you can't simply state a fact because of censorship and that's kind of a danger but it probably is okay too if someone is stating a fact and then trying to use that to incite something else and that's probably still abandon Belov a fence but it doesn't it was good who decides well I mean that's what it doesn't look like that even happened here it was just sort of a blanket you know zero let's do a zero tolerance policy but a zero tolerance policy nothing in real life is ever that black and white there's always shades of gray well according to the EU laws or you know UK laws or whatever that's not the case you simply can't do these things if it's a fact and it offends people of certain protected classes it's not okay I would say that the UK is sort of doubling down on that because they're saying that they're you know prison time for offensive online posts is totally the direction that we should go in which is really disturbing yeah so these are new guidelines and this story actually does link to the guideline so this is not really as much of an opinion piece again yeah Daily Caller we know it's like a Trump cheerleader web site that's what but the other saying that if if you make these statements online it's gonna be crime it's gonna be it was a crazy amount of time that you might have to it's like seven years at the predict ulis and it has to do again with race religion and gender so if those things are if you're stating bad facts about race religion or gender even if they're true seven years in prison that just seems insane I don't is that is that really necessary like like your stuff happening in the UK that is so bad that that is necessary to actually reel that in or is this just things are so amazing in the UK this is all the you guys have to worry about things are all that amazing you know what I think it might whose it was a conspiracy for you the private prison companies I've sucked all they can out of America so they're moving over to the EU and they're starting all these everything the the knife laws the crazy oh yeah yeah so they're starting up the knife laws and they're starting up all this you know GDP our top stuff they're just gonna fill those prisons I don't know somebody has been retweeting me the news about that and I don't honestly know if it's a real Twitter account or not but the more I look into it the more that I don't think that it is a fake Twitter account I think it's real somebody keeps retweeting me like like the London Metropolitan it's like a like somebody had a picture of a multi-tool that had a hammer on the end and it just looked like a completely ordinary multi-tool and it's like this weapon has been taken off the streets and like the police were really proud of that and it's like dude that's it's like a it's like a 4-inch hammer I mean I saw one friend potato peeling I like would like to believe it's not but who can say that's so that's the thing about it it's gotten to the point where you can't tell parody and reality have merged into one so you can't look out five years ago you showed me that story I'm gonna be like oh that's funny but now it's as chilling as it is funny it is kinda terrifying at least we've got the technology to figure it out for now until they figure out a way to shut that down so California California has adopted a requirement that new homes will be will have solar systems so yeah that's a solar panels how many planets solar panel installation systems not like a bigger on the inside kind of a thing yeah and it it sounds good right I mean solar panels they're good for the environment they're good for keeping you if something happens to the grid then you're on your own but this so there's a guy HL Mencken he's like a big you know libertarian guy he's got some great riding if you ever want to check him out he is this amazing quote I'll paraphrase a little bit I remember exactly what it was but if you have a really good idea but you need the government to enforce it you didn't have a good idea so what you're saying is forcing people to use solar systems is probably not a good idea it seems a little heavy-handed I like that solar technology is pretty much in its infancy and like solar panel technology is just to the point where it's getting exciting battery technology where we are now does not excite me at all battery technology makes it seem like we're stuck in the late 1600s I saw a great conspiracy theory did you see Musk's tweet about the like he was going to destroy the short-sellers with a major new announcement somebody thought that the major new announcement might be that Tesla is gonna be partnering with California to install all of these new solar panels and that's going to crush the shorts hmm I think because they got the batteries I'm not being true at a Tesla's done a world of good in Puerto Rico because apparently we've forgotten that Puerto Rico is a u.s. territory and they still don't have power and there's brownouts and it's it's real bad news in Puerto Rico but apparently Tesla has done some stuff there and it's been really good I think they got a good result from that Australia thing too oh yeah the Australia things work here John you don't ever see the good stuff in the news like that actually I did see a story I didn't include it cuz it's not that interesting but the they did some kind of audit and the Australian thing they saved them a ton of money I don't think nicely done so Tesla is going to by law save a whole bunch of people in California money we don't know that that would certainly help them oh there's been an important Fourth Circuit's ruling on cellphone border searches so this one this was definitely the most time consuming story this week because this story didn't tell me a damn thing yeah well it kind of told us that I think the big takeaway here is when it comes to searching your phone and other computers at the border they it's still kind of up in the air and eventually we're gonna get a Supreme Court decision about that huh so in that context I think that the ruling that just happened was designed specifically to avoid getting any kind of Supreme Court ruling for the next 50 years because it doesn't it seems like to me the ruling doesn't is not really super specific it could be interpreted in some good ways which maybe is good but it it also doesn't really close the door that I think that it the way that it should so too if if it sounds like we're speaking in tongues at this point maybe we should probably recap where we are in America with in terms of like so in America we've got the Constitution and which is like the most important thing ever I can it well theoretically and one of the things in the Constitution is that citizens you know should be secure in their persons and papers and subject so not subject to unreasonable searches and seizures but there's this boarder exception that's just been getting bigger and bigger and bigger would you say that it's mainly because of fear of terrorism the last 20 years I think that's how it's sold to us and what it's it's a crazy percentage of the land mass that's under that yeah it's like a hundred miles inland which is like two-thirds of America yeah it's the it's the majority of the country is within this non Fourth Amendment zone which doesn't make any sense so this there been a lot of arguments about when you talked about if you come into this country from a foreign country and you're little suspicious maybe you're wearing turban but then they will now ask you for your social media passwords look that's a real thing that's like hey give up your passwords so we can go in and make sure you're not Isis or was it real it lessly reasonable if that does not seem reasonable and they can search your phone and your computer and things like that yeah and totally unreasonable these rulings have to do with that and it's kind of good news I think maybe if you if you had to vote yes or no maybe you'd vote YES for this being good one of the things was they talked about the the Nexus of evidence which is you need to be investigating something other than the fact that they're just at the border with their phone like you have to have a reason to suspect something from these people it didn't come right out and say it yeah but it's sort of laid down case law if you want to argue it the next time and like you say it could be like it's 12 more cases before we get to the Supreme Court then you could cite this and be like no no you didn't have any reason to search me it sounds like that it's the I think what you're talking about I read on some law blogs is like a case-by-case Nexus like the evidence could be thrown out if there was not a legit reason to do that so a lot of the language in here makes it seem like well you can still do the search but if it's not like super terrorism smoking gun then the evidence for that is going to be thrown out later which doesn't really close the doesn't really put the genie back in the bottle doesn't really close the door in my opinion yeah it's that's something we need a definite answer on I fear if it goes to the Supreme Court we're gonna get an answer we don't like do you think that the the fear here is that the the people that were rotting the ruling are scared enough that you know if it was written in plain black and white that the American people might be like no no hell no we're not gonna go for this this is crazy well it could be fearful in both directions because it could go that way or the shadow government can well there could be another 9/11 and then it's like it was because of this judge and weakening the policy and in that they go way in the other direction there goes that God's political career everything is how a landmass that gets the fourth amendment strip away from it so there were there are reasonable people in the world I don't know I don't know why they can't get any traction in government but I do know what this next generation comin is gonna blow your mind when it comes to being reasonable switching gears a little bit the EMP Commission has warned that that a blackout of electricity food and water to last a year or longer and be a huge death toll so this this article is basically just saying if there's an EMP event or something that messes with the power grid or really anything that because everything like all business has been optimized for just-in-time deliveries nobody stocks anything anymore and so if anything at all disrupts this sort of ecosystem of deliveries that it's gonna cause everything to come crashing down and it would take at least a year to get back on track yeah there this was a I was actually an EMP Commission that was formed I can't remember when it was and they've sort of been tasked was like we'll figure out how bad it would be and the results they come up with for pretty much what you'd expect it would be Mad Max pretty rapidly because I think we have it's like seven meals before you start killing is the estimation and not from these guys that's just you know that's a well-known prepper thing that's like you're seven meals away from murdering to get what you need and they talk about how we're not equipped we all have electric appliances and once that's over you have to boil water you have to cook food you're gonna have to start cannibalizing your own home and furniture when that runs out then you have to leave your house they talked about a curfew but who's gonna enforce it what are we enough people yeah what police department is gonna obviously we need more police here in America the see I don't think the police like when it comes down to that why would you you have a family protect you're not gonna go out and be a cop there's no way and so this actually happened once in 1859 there is a solar flare and the solar flare destroyed like the telegraph system and all this kind of stuff but it wasn't as big of a deal in 1859 if what happened in 1859 happened today it would be much worse than this articles describing well that's one of the big things they talk about is the people of 1859 were way better equipped to deal with frontier life and that kind of thing people knew how to live off the land to some extent at least most of them did and nowadays forget it we have this story what was a couple of weeks ago where the a 30 minute power outage caused the 2.9 percent reduction in flash production on a global scale and there were also 60 million people in the US in 1859 200 million hours of 215 it's like almost three hundred zombies three hundred so 350 maybe I don't know that's a lot more people competing for the same resources it's gonna end really badly really extra so the lesson here is if that happens just go straight to cannibalism no don't use up your dry foods save those for later and just start eating your neighbors I would also point out localized disasters like Louisiana and Puerto Rico Louisiana you know Katrina was a long time ago at this point and it's still not exactly right in Puerto Rico man helps Puerto Ricans I actually feel really bad for Rico because they've just been abandoned and forgotten how about why oh yeah the volcanoes people built houses on a volcano well I feel like they probably should have known better in that case oh there comes the downvotes isn't maybe a little too soon ticketmaster hopes to speed up event access by scanning your face so that's not good that's gonna be more than than eight percent accurate like we were learning from the police database right because there was only eight percent accurate in the police database well the police database the problem was the initial images that they have of those people were terrible but they used them anyway here I imagine they will have a very very amazing like 200 point scan of your face but the problem is what happens when their database gets hacked and they've got an amazing 200 point scan of your face that will totally be here to help you that's gonna be amazing it's like 3d printable latex faces the map of your face onto somebody else's face and then you just go commit crimes with impunity yeah or use their credit cards go to the store go to the Amazon store use their stolen Amazon log in with a slap on their face no questions asks just in and out take whatever you want you'll get the free yogurt all the free yogurt you can stand I think people will go for this though because they talk about the way this technology works it you don't have to like walk up and stand in front of the box office and let it like a laser go up and down your face like the old sci-fi movies this just catches you out in the crowd so that they can literally have cameras running while all the the masses are coming in and spa anybody who's not supposed to be there hmm that's not dystopian at all how many times can you say that in an episode of the level one these jeez how many stories of that if you're in Europe or even if you're not in Europe gdpr is coming coming to life gdpr is the general data protection requirement companies like you have a right to be forgotten as a European citizen you can ask companies to delete all of your data and companies are not really supposed to collect much data in the first place without affirmative consent so some companies are finding it hard to set up their infrastructure to be able to comply with that so services like this one are popping up which will just block you from accessing the resources if your IP address hails from Europe and if you really eat you I should say if you use some kind of VPN or something to get around this I think they've got a pretty ironclad argument in court it's like hey this person knew exactly what they were doing they did everything they could get around our bar we tried to keep them safe they got around it they came in where they weren't welcome we're allowed to keep their data but they would win that case suddenly I'm starting to think that people that came up with gdpr are the people that are really really after the you know the balkanization of the internet meaning that we segment the the Internet into the nation-states that underpin it which is not one of the ideals of the Internet that's real bad news for the EU because the culture gets created here no engagement need to offset that with more engagement posts so I watched this video uber shows off its flying car prototype which looks like a giant drone I watched their video with like all their people and like the guy from NASA and he's like yeah I used to work at NASA we're gonna make this thing happen and like their little prototypes and it was a lot of CG and I really think this is right for turning into a parody because I don't think that any of those people are in any way connected to reality the thing that really got me about this story is they expected these big helipads to land a taxi of flying taxi every 24 seconds can you imagine you would have to have air traffic control just for that and what happens when there's two competing companies what happens when you've got a little old lady just trying to get out of the air ejector seats for old ladies so a very optimistic ambitious maybe that's the word to use it sounds kind of cool that seems like most of these will be on rooftops too so maybe now is convenient as you think you're still gonna have to ride an elevator and I guess that's quicker and on the ground it depends on the building I mean a lot of the buildings have Express elevators to the upper floors or to the to the roof perhaps so you know if you choose the right building you may just be extending the elevator shaft you know another story and then you've got the express elevator to the to the ground-floor just depends on how much is willing to pay for that all right we'll see maybe it'll sort of take the congestion out of the regular streets and we just sort of you know the sky's those guys get congested the streets get less congested we just end up with kind of a 50/50 thing so what you're saying is that the people that live above will never have to touch the urchins that live below all those lots of sci-fi about that wasn't there a final fantasy yeah that was about that like the the below people in the above people yeah yeah and that was you know when New York was like redoing their subway I think it was like in the 80s or 90s man you got to go back and watch some of those ads because New York was like you know even the most ghetto fabulous you know thug gangster and the Wall Street business tycoon everybody takes the subway so let's keep the subway amazing and clean and not filled with the graffiti and stuff like that and now this it's like no we've given up on the subway we're not digging any new tunnels you're just gonna have to rely on uber scott-carr because you know only the only the murderous used the subway yeah he's gonna push forward with loot boxes in a headline that surprised to no one there were a couple of countries that actually rule against it and said that was gambling and they're kind of just saying you know what we're gonna do this anyway and I wonder at what point does one little country versus all that loot box money result in the GDP our top thing it's like okay well you people don't get to play this games that simple I said that'll happen probably sooner rather than later how do you imagine this if they didn't play ball with that though if they're like okay we'll give you a version of the game that doesn't have loot boxes and then like the Lithuanian version of whatever from AAA is like the most amazing version of something ever because you get the whole story but then well they're talking about like a FIFA game here big one so then and it listen beefy not a big seller in America I bet but then you are they gonna be allowed an online play because they either have everything or their nerf because they can't get the powered up players so it's unfair by default for them so they'll only be playing a Lithuanian servers weren't everybody's got a nerf to count I don't know a lot of questions there sorry Lithuania actually like you guys you should give us an upvote to offset those earlier down votes because engagement things are looking bleak as ete ceases its main business operations as ete is a chinese cell phone company its article from techCrunch's it's sort of the things are kind of weird though because like this phone company's caught up in this geopolitical mess yeah reported last week though ZTE and Huawei cannot be sold on in the US or on US military bases I think that's where they're probably the most popular is the deployed soldiers because I don't know I don't know anybody's got a ZTE phone to you know but I imagine you can get him here Huawei was making some really interesting looking electronics though not just phones laptops and some other stuff too so I was gonna I was really looking forward to Computex to get a closer to look at some of the Huawei stuff because wow I mean they've come out of no way I mean now they're not really coming out of nowhere because the Chinese company that underpins them has been around forever but in terms of like we're gonna be a first-party thing for products in outside of China it's exciting but not so much now the bigger thing here is that part of these sanctions would stop them from getting their hands on certain networking equipment they need to build their device and stuff that they don't build themselves so it wasn't so much you're not allowed to sell them but this was going to their supply chain hmm so what you're saying is that well it seems to me that one solution for this would be to modularize phones even more than they are I mean theoretically the SIM card should be the cryptographic powerhouse of a phone and if the Chinese companies are not involved in making me cryptographic controls there's not really a lot they can do to leak information if all the cryptography is controlled by the sim now there's side-channel attacks and there are lots of practice problems with building it that way but if we were legitimate I mean it just seems so dumb because building any type of this stuff is definitely a global operation it's going to involve US companies and Chinese companies and probably Japanese companies and companies in Germany and the European Union and if we all don't trust each other that's actually completely okay we can build that lack of trust into the technology and the way that the data is serviced and the consumer would benefit from that but I think that because everybody's concerned with building their own backdoors and weaknesses into that we end up with this mess that we have now yeah but do you think is any possibility that the major US companies aren't in bed with the government to some extent I mean that's the so what we should just assume that everybody is out to do this kind of stuff for the hardware and then we'll have better hardware for it but you can't admit that if you're the government or those companies so but everybody's doing it we owe everybody knows that but they don't know the normies don't know the normies think that the Russians are just it's you know it's like the Russians and the Chinese and they're evil we would never do that but the reality is we're all doing that you talk about the solution could be that well it turns out the solution is actually just more political posturing so president Trump has just saved the embattled Chinese filmmaker ZTE so we go from we go from lows to highs just that fast but not so fast I think his headlines a little misleading yeah I think this Trump problem I don't know if he knows enough about technology to know what was gonna happen here but he immediately saw the opportunity here is like yes let's negotiate cuz that's what he's good at say which one about Trump you know he's he's not great in a lot of ways but he's a hell of a negotiator and I think he's gonna get in there and you know try to get some advantages for the US and China has a huge interest in saving these guys cuz that's a lot of their economy it's gonna be interesting to see how this plays out over the next few weeks it's gonna be interesting to see their presence in at Computex in all honesty huh it's like did they go from like you know the giant mega booth that takes up an entire city block inside the exhibition hall or is it just like an out-of-the-way place in one of these sub exhibition halls time will tell I'm sure it'll be in the level one Computex coverage we've got so much Tesla news this week look at Tesla the engineering head Doug field takes a break from the company uh-huh you know it just he's on paid leave it sounds like he's on vacation uh yeah you've won really news I mean Reuters think so I think any we got a lot of leave Tesla loan people in the audience they hate it when we talk about Tesla and they're right in the sense that I think they get a lot of negative press coverage but they get a lot of positive press coverage so they sort of live by it and die by it so you can't be such a media darling without having everything scrutinized if you're the head of your division is like I got to be away from this during a time what they call production hell that's newsworthy so he is the guy that is in charge of the model 3 production is what I gathered from the article and so the input what the the implication here is what's he doing taking a vacation when it's like maybe they're waiting on a supplier musk is sleeping at the office yeah and this guy's in you know he's gonna go on vacation he's in st. Barts it's drinking from a coconut if you're that guy and you read this article and it's like I don't think you guys understand I put in three years the past three years everything is good to go they don't need me anymore they just need to follow the process everything is fine we're just waiting on our suppliers well it may be he's the guy who decided to put all the robots in there yeah he's in the re-education camp my Tesla education well of course it made the it made the news because there were a bunch of there were two teens killed and one seriously injured in a Fort Lauderdale Tesla crash it does look like autopilot was enabled in this crash no I don't think so because they were doing way too fast okay so they hit a wall and they were doing like 60 and of 35 or something like that so I don't think the autopilot would ever do that so this one this this seems pretty cut and dry they were joyriding having a good time these were younger kids I think like college age kids maybe high school they hit a wall but the problem is as soon as they hit that wall the whole car just burst into flames immediately and one the kid that survived was thrown from the vehicle and the fire was so bad it immediately killed the other two so that's the and this article does point out that gasoline engine cars through also catch fire but again these are supposed to be you know the this new technologies supposed to protect it's supposed to be this amazing new thing and these crashes are pretty bad hang on I'll read the disclaimer from the article that's at the very bottom I think I'm trying to scroll down but the news oh that news JavaScript the GD P R has definitely not helped the news JavaScript it just just causes all kinds of problems it might be on the other story it is on the other story well so this leads into the other really amazing part of the story is that they towed the car and you know it was just in a salvage yard somewhere and I think seven days later or six days later it bursts back into flame yeah it the fire was out but the battery caught fire again so in Tesla's guides they talked a little bit about how Tesla make some of the stuff online to check out for like first responders and I checked some of that out and it is actually really interesting because you're like use copious amounts of water like get a second supply of water and just douse that thing with a crazy amount of water and then it talks about how to disable and remove the batteries and how Tesla will fly Engineers out to remove the batteries and blah blah blah and in some other crashes that have been there Tesla plants they've helped you know first responders dismantle the vehicle to make it safe again and and all sorts of interesting all sorts of interesting stuff and so a lot of first responders don't know how to respond to electric vehicles the way that they know how to respond to gasoline vehicles which is part of it and that's not Tesla's fault but it is interesting that the you know inert wreckage burst into flames again which I'm sure that that's probably happened with a gasoline vehicle like somebody didn't drain the gas out of the engine of the tank properly and then something happened on it caught fire I think they always evacuate them and the question I guess here is if you had gone through the proper battery disconnect with this level of damage with that battery have simply ignited itself anyway I'm not sure of course the NTSB is looking into this I'm sure we'll have a report at some points exactly what happened for the guys that love to email me as usual it's important to remind everybody that even though electric vehicle fires are heavily represented in the media electric vehicles do not catch on fire more often than gasoline cars according to the National Fire Protection Association more than 150 thousand gasoline fires occur every year in the u.s. now I'd like to see a percentage though because just to say that 150,000 out of aren't there more cars than people in America yeah so that's a that's a big number and how many electric cars do we have yeah we need to I don't know if we've got enough enough electric cars on the road for it to really be statistically significant yet cuz yeah I don't know but that's not you know you think well okay they gave me the disclaimer so I can I can calm down now but I want my updates the the test the test Lutz who keep advocating for those loops there was another crash unfortunately now we don't know if the autopilot was on but I got hit a firetruck yeah which that's hard not to notice a firetruck this is the one I was thinking of I can't wait for the dashcam footage on this one yeah he headed at 60 miles an hour he just had to read about you to evaluate your life decisions just how did you miss that this is the second test I'll hit a firetruck the other one it turned out was trying to avoid a head-on collision so that kind of makes sense and it was the autopilot that did that we don't know if the auto pilot was paint this car had autopilot but we don't know if it was engaged witnesses said that the Model S did not break prior to impact didn't kill him though so nice crash rating I suppose cementec stock has tanked after they issued an apparently obtuse warning but they didn't really supply as supply any details about what it was except that no we did not leak anybody's personal information well as the SEC investigation which you have to tell your shareholders about so they I think they did the bare minimum they're like yeah something's going on but we don't have to tell you what so we're not gonna and it's bad news for semantics their stock went way down 20% on that announcement I think it clawed back a little bit but I wonder do you think a lot of people use semantics product at this point I don't I would like to think no I mean at one time they were a great product but anymore now there's been a lot of years yeah a great product I I have a feeling this is gonna be accounting irregularities that they're counting things like the free installations that are bundled with OEMs is like paying customers and just crazy stuff like that probably and maybe just trying to keep it alive a dying business trying to stay alive and borrowed a bunch of money that they can't pay back may be bad news for creditors in China you're not gonna get your semantic loans back is that how they usually do that she invested in ZTE that's how Remington did at Remington do the whole bankruptcy thing and they were like Oh creditors in China know we're not paying you everybody else you're good though so you can give people loaning people things and then not paying them back and then minimizing risk Goldman Sachs and Apple are gonna launch a joint credit card so this is kind of a follow up this is kind of new information but there is enough information in this article that I can I can say that basically we predicted it correctly when we first mentioned it well we talked about they announced they were gonna they were thinking about doing financing for iPhones and stuff like that I'm sure this is gonna be a part of that yes it's gonna be built into haven't announced that yet but they totally will and the other thing is the new thing is this credit card is going to have some sort of tie-in with Apple pay yeah so they show a screenshot of sort of like a little digital credit card on your iPhone I imagine that you won't have a won't have to have a physical card could exist exist just on your Apple products use it that way but it will be like a traditional credit card now to recap what we predicted the first time this came up suppose that you've got a product maker that can make a product for $200 and but sell it for $800 and suppose that you've got a finance company a bank whatever is willing to finance somebody two or three hundred dollars but they're not really willing to risk a full six hundred dollar difference there in terms of like people not paying the money back so you get a bank that will loan you four hundred dollars on that two hundred dollar payment that hoping that you'll pay the full thing back but they're not willing to assume the full risk of if you don't pay them back it looks like this is what's gonna happen here Apple and Goldman Sachs are gonna share the risk of you you know abscond in with your cell phone without paying for it on the credit card and then ruining credit and all that kind of stuff but you know Apple doesn't get the full retail value of the phone necessarily in that case but goldman sachs is not on the hook for the full retail value of that phone either and they get the phone back they're gonna repossess it and then you're out both a phone and a credit card which is bad so maybe you'll make that payment before you make other payments because it's gonna be such a disruption in your life yeah don't fall for this I mean let's let's revisit the original problem a $200 phone for $800 how are they doing that yeah it's called robbery I mean the first problem is you bought an iPhone but my second problem is you did business with goldman sachs and then you put the two together it's like Satan and Satan from a parallel universe it's like two different Satan's working against you that's just so well we've already captured all the souls that we can in this universe where can I have to capture Souls from an adjacent parallel universe because there's just not any more Souls than that yeah and that definitely seems to be you see all these these posts online where it's like oh we've Millennials we don't have any money but they all I got I phones and goldman sachs is gonna have what little money you have it'll widen the gap don't fall for it and we'll see you on Wednesday\n"