DEAL in IRAN & Kevin O'Leary's Data Center Backlash | ZFS 65

Everyone keeps saying the Iran situation is “cooling off” and the Strait of Hormuz is about to “open back up.” But when you actually look at the data, it doesn’t match the headline.

We start with a Chevron CEO warning about real supply stress showing up overseas, then we walk through the market moves around the so called ceasefire and the “deal” rumors. We track the Strait live, look at crude, urea fertilizer, and the 10 year, and then get into the weirdest part: huge crude oil shorts getting placed right before major news drops.

Then we pivot to the other domino that nobody wants to talk about: AI data centers. Kevin O’Leary’s Utah plan is massive, and communities across the country are starting to fight back. We show what happened in other states, and then bring it home to Delaware, including the Project Washington ruling and why this is bigger than “jobs and tax revenue.”

Transcript

SPEAKER_14 0:08

Welcome to the Zach Found Show. I almost spilled my entire drink in the first two seconds of the show. That was dangerous. Welcome to episode 65. Today we are going to be going over some updates on what's going on in Iran, specifically around the economy of it all, what's actually going to happen with this quote unquote ceasefire. And are there actually people who are shorting oil and getting insider information before some of these major announcements come out? We're going to look at a few of those today. I want to start with this CEO from Chevron, though. He has a take on the oil supply and how it could cause an energy shock if it goes on any longer. And this was two days ago. Let's watch.

SPEAKER_07 1:01

Inventories in the system are being drawn down, and uh and the the supply situation is tightening, and that's uh that's a concern.

SPEAKER_09 1:09

And you know, you think about the U.S. and where we stand when it comes to production, that of course has insulated the U.S. consumer to some degree from some of the higher prices that we're seeing in Asia, that we're seeing in Europe. And I just wonder from where you're sitting, how long you think that will continue to be the case, or you know, is the U.S. heading towards a situation where consumers are going to see the same sort of prices that we're starting to see in Asia.

SPEAKER_07 1:33

I think the the real thing is the U.S. is not going to see supply outages. Uh, we're starting to see risks of supply outages in some of these economies. Uh in Europe, you're seeing flights canceled and schedules re-optimized because jet fuel is getting very, very tight in Europe. We've seen a number of economies in Asia that have instituted policies to reduce demand because they're concerned about running out of supply. Countries like Australia that uh have shut down most of their refining capacity and are heavily dependent upon imports, uh, are taking measures to address that. So I think the U.S. is going to see the price pressures. It's a global market. These prices are set in global commodity markets, but the uh the risk of supply outages in other parts of the world is much higher than it is here in the U.S.

SPEAKER_14 2:16

So as we talk about energy and we talk about Iran, we're gonna be finishing today's podcast by talking about be quiet, Mike, to talk about data centers. Because there is a project in Delaware that recently got shut down, and there's other drama going on in Utah. Sean, brother, how was the week? Give me something good.

SPEAKER_15 2:37

Um, the week was good. I'll tell you what, the best thing this week is just cleaning, man. I I feel like I say that every time, but I just love having a clean.

SPEAKER_02 2:45

You love cleaning.

SPEAKER_15 2:46

I love having a clean apartment, dude. It's like the best feeling in the world when you get done. Like you hate cleaning it in the moment, but when you're done, it's just like it smells good. The carpet feels clean. I can lay on the carpet if I want to, and that's all that matters.

SPEAKER_14 2:58

You definitely lay on the carpet when you're done.

SPEAKER_15 2:59

Yeah. Well, when I do laundry, I just toss it on the carpet, and I'm like, okay, it's clean.

SPEAKER_14 3:04

I think cleaning is a lot like a lot of things in life. It's not something you want to get up and do or like take the time, invest the time into because you're like, oh, I could do something else, but then you're done and you're really satisfied with it.

SPEAKER_15 3:20

Yeah, and then you can do something else and not feel guilty about it. It's like, whoa, this is awesome.

SPEAKER_14 3:24

And all your other work, or even just chill time, just feels cleaner. It feels, it feels like the air feels different when like you're chilling, watching a movie, and the house is clean, right? Got a wax warmer going on. Yeah, it's awesome. A wax warmer?

SPEAKER_15 3:36

Yeah.

SPEAKER_14 3:37

What's a wax warmer?

SPEAKER_15 3:38

It's like a candle, except Oh, oh, oh, oh, oh.

SPEAKER_14 3:41

I know what a wax warmer is. I know what a wahr, yeah, the little cube block thing.

unknown 3:44

You want to light a candle but also use energy.

SPEAKER_15 3:47

Got it. Got it. Zach said it. Or Joe said it's when you want to light a candle. Oh yeah, Joe's not mic done.

SPEAKER_11 3:52

I can't remember. It's like when you want to use a candle, but instead have it use electricity.

SPEAKER_14 3:56

Got it. There it is. Essentially. Yeah, it's like anti-Amish candles. Let's bring up these first of two truths from Donald J. Trump. One was from yesterday. This came in at 6 52 p.m. Eastern, May 5th. So it's based on the request of Pakistan and other countries. The tremendous, the tremendous military success Sean's really tricking me up right now. He's trying to put me in X Games mode. Military success that we've had during the campaign against the country of Iran. And additionally, the fact that the great progress has been made toward a complete and final agreement, and representatives of Iran, we have mutually agreed that while the blockade will remain in full force and effect, Project Freedom, the movement of ships through the Strait of Hormuz, will be paused for a short period of time, whether or not the agreement can be finalized and signed. Is this entire tweet one sentence? This entire tweet is one sentence. This entire thing is one sentence. Wow.

SPEAKER_15 4:59

Literally, they taught me in high school to not use like comma splicing that much.

SPEAKER_14 5:04

Like the entire thing.

SPEAKER_15 5:06

This is crazy.

SPEAKER_14 5:07

The entire thing's a sentence. It's at least what is that, nine lines? Holy crap. Oh, always something new. So uh this is what happened last night upon this news. Uh, stock futures, oil futures, and others alike started to ease, crypto started to go up, airline stocks started to go up on the news because airlines are struggling right now. Because think about it this way: airlines aren't like a bus where you get the ticket like the morning of or the week before. Most bookings for a flight are done weeks, if not months, ahead of time. I don't know what the max time frame you can book a flight out for. I don't know that. But it's it's not one day, it's not one week. So, with that being said, there are people who are getting on flights that were purchased pre-jet fuel increase, pre-pandemonium going on in the world of jet fuel, which Europe is seeing even worse than we are right now. So international flights, awful. We just saw spirit go under. Will other airlines start to struggle if this continues on? I I think so, but the news priced in that things are getting better. Let's see what he said this morning. This is the second truth. Donald J. Trump, May 6th, 745 or 741 a.m. Eastern. Assuming Iran agrees to give what has been agreed to, which is perhaps a big assumption, the already legendary Epic Fury will be at an end, and the highly effective blockade will allow the Hormuz Strait to be open to all, including Iran. Again, another like five comma sentence. If they don't agree, the bombing starts, and it will be, sadly, at a much higher level and intensity than it was before. Thank you for your attention to this matter. Again with the threats. We're like going through this rotating basis of we have progress in the negotiations, we're getting closer to peace, the strait's gonna open again, which by the way, I just learned this morning. The strait was actually, actually, I don't know if you guys know this, the strait was actually open before this war started. This the strait was open. I had no clue. The strait, there was no toll, there were no mines, there were no bombs, there was hundreds of ships, hundred to 150 ships going through it every single day. But don't worry, it's gonna open soon. It's gonna open soon. We have more to talk about on the strait later on. I want to get a live view of it, though. Let's bring that up. Let's bring up our maritime tracker, baby. Okay, so this is the actual Strait of Hormuz. We've used this in the past three episodes or so. Uh, if we look, we see kind of a uh not exactly dense uh straight where again, usually over a hundred ships are traveling through this on a day-to-day basis. Now, let's go ahead and press play on this. This is from May 3rd. Remember, the announcement would come out um that the strait was going to be quote unquote open, ceasefire again later on the fourth into the fifth. Let's play this. And then uh go to that little play playback tracker. Yeah, speed that baby up. All the way up. And then let's go ahead and grow to the tracker down below. Let's go and just scroll through a little bit. Scroll into the future. And then we're gonna get into where we start getting some traffic through. Okay. We see new gas going through, the blue navigator. We see Muhammad just pops out of absolutely freaking nowhere. We see, where's Armitan headed? Where's Armitan headed? Oh, headed up toward Iran. So's Utah, so's Aurora. Looks like Bari 12164 got through. Okay. A little bit of traffic. A little bit of traffic. And what we're gonna see as we scoot forward just ever so slightly is the traffic wood. Oh, did it did it stop? I thought everything was good. Why why is there no one in the in the straight, Sean? I thought everything was fine. I thought we were gonna zoom forward and we're gonna see so many boats. What the heck is Reza 101 doing? Whoa! Riza 101 was flying! Run that back a little bit. I want to see Riza 101 again. Where is he coming from? Where is he coming from? Bottom of the screen, bottom of the screen. Is that him? No, that's Kosar, Marlin. Oh my god. Oh my goodness! Has to be a glitch in the system. There's no chance he was going that fast. So if we continue on with play, we're now into the morning there of May 5th. No real movement. No real movement. Now the announcement will come out that evening, so let's go ahead and scoot this for just ever so slightly. No movement. No movement. You get the story. No movement. There's nothing happening in the strait right now. So there's no progress, quote unquote, with getting those through. Apparently, America is planning to launch some kind of extraction mission to get those that are stranded at this moment in the strait. We will in a moment talk about what Iran is planning to do about it, because if there's one thing that we have learned since February 28th when this war kicked off It's strangely enough that certain Iranian media outlets have been much more accurate with the foretelling of what's going to happen the next few days or week. It's been pretty freaking consistent too. Where we'll say one thing and we'll kind of look at it side-eyed, like, okay, is that actually gonna happen? Is that actually what's going on? And then when we look at the Iranian side, which we try to do as much as we can on the show to get to get a full scope view of the process. We don't want to get propagandized, but hear me out. I believe we're being more propagandized by our own country. So, devil's advocate. Iran has a different take on what's going on. But let's see what the markets are doing. The markets right now for crude oil, this is light crude. So, pre-Iran war, you'll see the marker was a lot lower. We were in this like mid 60s, low 60s-ish range, then we hit February 28th, and all of a sudden, we have been trickling above 95 to$100 per barrel. Now, if we just uh go to that bottom where it says one week. So we'll see the news comes in at this initial drop. The news comes in right there, uh a little bit earlier, a little bit earlier, go a little bit earlier, keep going, keep going, keep going, keep going, keep going, right around a little further. A little further. No. Well, I'm further the other direction. I'm communicating terribly. You see where it starts to you see where it starts to drop off? Right here. Uh a little bit, a little bit farther, a little bit farther. Uh, the other way. Farther, farther. Yeah, yeah, yeah. I'm communicating terribly. So this is when we get the day of saying, okay, we actually have some progress. And as we can see, over the next 24 hours, the price of a barrel would start to drop significantly, going from over 100 to where's it get at its lowest? Does it peak below 90? All the way at the lowest? Yeah, peaking down at 88.9. But as of this morning, as we shoot this, it's going back up. Can you go to one day?

SPEAKER_15 12:54

Yeah.

SPEAKER_14 12:58

So it's going back up. That's interesting. Why do we think that is? Let's go to our next tab. Maybe we'll have a little bit of insight from our good friends at Twitter. We all uh go through the Kobe letter quite often. I want to read this off to you real fast. We put all sources, by the way, in the YouTube video description. So if you want to click into any of these, that's where you can find them. Says according to our analysis,$920 million worth of crude oil shorts were taken 70 minutes before an Axios report claimed the U.S. and Iran were near a 14-point deal to end the war. At 3 40 a.m. Eastern today, nearly 10,000 contracts worth of crude oil shorts were taken without any major news. This equivalent to 900 this is equivalent to$920 million in notion value, an unusually large trade at 3 40 a.m. Eastern. At 4 50 a.m. Eastern, just 70 minutes later, Axios released a report that the U.S. is close, quote unquote, to a quote, memorandum of understanding, unquote, to end the Iran war. Iran war. By 7 a.m. Eastern, oil prices have fallen over 12%, with these crude oil shorts gaining approximately$125 million in what? Four hours?$125 million in four hours? Minutes later, Iran launched the Persian Gulf Strait Authority, and oil prices rebounded back, surging 8 plus percent. We can go down and actually look at the graph they marked out. See those red candles. You can see the marks of where things happened. And then where the crude shorts profit was head. And now, as we saw in the last graph, and this one is going back up, even actively as we shoot this podcast, going back up. Okay, let's check on a couple other markets, and then we're gonna look into why this is important. That Persian Gulf Strait Authority, this is urea. Urea took another tiny little dip. We're hoping that this gets back down to a reasonable level, like we were towards the end of 2025 and even before the war 2026, price somewhere in the$400 range, still setting at$577, had peaked over$700. This is nitrogenous fertilizer. And if you know anything about food, I love food. I've eaten food my whole life. Fertilizer is extremely important for a lot of the food, uh, especially corn, especially wheats, oats, uh fertilizers for things like peanuts, even cotton, soybeans. And as we covered on our last video, farmers are struggling.

SPEAKER_15 15:30

What do we got pulled up here? Gold? I just saw gold. I just want to see how much it went up. Yep.

SPEAKER_14 15:36

Gold's always moving, baby.

SPEAKER_15 15:37

It looks like it's kind of.

SPEAKER_14 15:39

Yeah, it took a correction after uh the beginning of the year. Uh, silver did as well. A lot of people were speculative around why that actually happened, but it still is a fantastic hold if you're looking for a storage of wealth long term. We were yelling about that on this show a year and a half ago. That silver and gold would be the b the play. Look at that movement. All right, let's get up to the US 10-year treasury yields, because this is another one that we can look at. How do investors view our economy? For those unfamiliar with a bond, a bond is how our government packages and sells its debt to investors to raise money for other efforts. So when we have investors that are seeing positive marks in our economy, they're willing to take a lower yield, meaning a lower bond yield, meaning this number is in the twos, threes, somewhere in that range. When they view the economy as a little bit shaky, especially when they see inflation in the future, this tends to go up. And the reason this is important to you is because this bond is how you get your mortgage rate. This bond is how you get your car rate. This bond is how you get any financing rate, credit card or otherwise, it all stems off this. And we can see for a while, really since uh the rates went up post 2022, 2023, they've stayed there. Can we lock this in though, just to the last five days? Perfect. So we see a similar trend that oil saw with this steep drop-off toward the end of or end of the fifth, beginning of the sixth, going all the way down to where did it peak down to? Where did it be? 4334. And now we're back up to 348. Not a significant move up, but stabilized down and started to peak back up. Similar move to oil. Is this off of the news initially? It seems like it. That drop came off that news initially that we were getting some progress. We're gonna get the straight open, oil's gonna flow once again. That'll be great, and that we've probably won the war for the 18th time. But then the morning hits, and people are starting to doubt that Axios report a little bit. Again, we'll get into that. Let's bring up Al Jazeera. Al Jazeera. This is a good spot for finding the core of stuff that you can go look up other places and resource. Sometimes you get some pretty, pretty leany, uh well, it's it's uh it's Middle Eastern leaning. What are you gonna do? But at the same time, again, we're getting fed just as much, if not more, propaganda. In here, it says, uh, this was two hours ago from where we sit, so around 10 a.m., Trump was asked, speaking to the New York Post, on whether in-person negotiations between Tehran, the capital of Iran, and Washington could take place in the near future. The U.S. president said it was too soon, quote unquote, to consider such a project. It's too soon to talk in person. We're almost done, but it's too soon to talk in person. Do we did we forget a week and a half was it a week and a half ago, guys? A week and a half ago that they were supposed to have discussions in Pakistan, and then we were gonna send JD Vance. JD never left Washington and Iran never showed up to Pakistan. We were about to have in-person negotiations, so now we're saying it's too soon for in-person negotiations when a week and a half ago we were planning the second round of in-person negotiations, so we backtracked? We've lost ground? That's what it seems like to me when I read that. Like, what do you mean you can't talk to him in person? What's that mean? Above that says Iran reviewing U.S. proposal, foreign ministry says. So Iran apparently has the deal that we proposed, this 14-point deal. Says Tehran is reviewing U.S. proposal to end the war, more than two-month-old war, on Iran and will convey its views to the mediator, Pakistan. According to the Ministry of Foreign Affairs spokesperson, Ismali Bag Bag Baghi Baghai, quoted by the ISNA news agency. Earlier, President Trump said the U.S. will start bombing Iran at a much higher level and intensity than before the ceasefire if Tehran does not agree on a deal. We read that in his truth social post. So let's go on to this next ex post. This is the actual 14-point deal. This is a the big five pulled out of it. It's it's a pretty long um from the people that have read through it. I've not gotten the opportunity to read through it as it came out this morning. Uh, read through the main points. So if there's points that you think are worthwhile other than these five, please comment them below. But otherwise, I don't think this thing really exists anyway. So why are we gonna get super minutia about something that might not even exist? The deal would include Iran committing to a moratorium on uranium enrichment. Okay. The US lifting its sanctions and releasing billions in frozen Iranian funds. That's interesting. We're gonna give them billions of dollars back in their money. We're gonna release relieve them of their sanctions. We just allowed it to rain there now. We got their weather sanctions out of the way, maybe. Now we're gonna release money and allow for travel and currency transfer. Okay, big win for the US. Both sides lifting restrictions around the transit through the Strait of Hormuz. Great. We get back to where we were before the war started. A 12 to 15 year duration on Iran's moratorium on enrichment. So I guess that applies to point number one, that there would be a moratorium on the enrichment of uranium, apparently lasting 12 to 15 years. And by the way, the big thing about this is there's there's two sides to the coin where Americans and especially, especially uh the Republican Party and Likud Party in Israel, uh have this thought process of Iran is developing uranium to create nuclear weapons. I don't know if that's true. But the other side of the coin for Iran is that is kind of one of their biggest points of defense against just being taken over by an Israel or taken over by anybody else, even in America. It's really the loan negotiating card they have and being a threat so that they aren't attacked. And what's funny is Marco Rubio the other day, uh, yesterday actually, came out and said that America is not on the offensive, we're on the defensive. We're simply defending our front until Iranian uh Iranian regime stops. But we sent the first missile. We started this. We are definitely not in the quote unquote defensive. That's a weak take to give. Number five, at the end of the war and the beginning. Oh, an end to the war in the beginning of a 30-day negotiation period. So stop all the war, which I don't believe Iran and America have exchanged blows recently, other than the ship we talked about last week possibly being taken over, but that wasn't an American ship. And there was debate over the weekend as to whether Iran had struck a US naval ship. We denied it. They said it happened, two different ships. Who knows? Again, I I think this is hogwash. Like, I Joe, I know you're not mic'd up. If you can jump like, am I crazy for just assuming that this is hogwash should be ignored because we've seen it happen similarly, like in the last three or four weeks twice?

SPEAKER_11 22:47

As someone who has not been paying attention and working, yes, I believe you, King King Zach.

SPEAKER_14 22:52

I hate that.

SPEAKER_11 22:53

I'm sorry.

SPEAKER_14 22:54

No, I should I shouldn't have I shouldn't have hit you up when you were doing something on the laptop. But don't ever call me that again. Joe always downplays himself, by the way. Joe always wants to downplay himself in his intellect. I know he wasn't paying attention to this, but but to the Iran thing. This is the third time now, seemingly, that we have a deal on the table, negotiations are being had, ceasefire is in place, it's about to end, here's the peace agreement, and then something happens, and usually that's something as Iran says, we didn't agree to this in the first place. Am I crazy to believe that's what's happening again?

SPEAKER_11 23:30

Oh no. So I think of it this way too. So if you've ever worked for like a large company and you've gone into like a work meeting and somebody kind of like talks through where they're at on a project without saying much, and it's because they're actually not working that hard on it. That's what it reminds me of. Like it's not a priority, they actually don't care as much as the American people. So he it's like he's hearing the news. It's the John Lane joke. Somebody read the news, a seventh grader read the news, and came and told it to Trump while he was half paying attention, and then to make it seem like he cares because you care, he just wins whatever he can remember from that 12-year-old's recap. Like I just don't think it's a priority in his mind at all.

SPEAKER_14 24:18

You don't think ending the war is a priority?

SPEAKER_11 24:21

No.

SPEAKER_14 24:22

Man. That's uh that's one point for the people who say this is all purposeful.

SPEAKER_11 24:26

When you look at how hodgepodge and poor and miss all over the place, back and forth, up and down, all of the communication is. It seems like he's not even paying attention.

SPEAKER_14 24:37

Or that he's being ignored. Or is he not getting attention? That's that's what I think might be happening. He's not getting the attention from Iran that he wants, and that's why these threats keep coming out. I I think accept this, or it's bomb.

SPEAKER_11 24:50

I think there's like CEOs and corporations that are invested in keeping this going, and we know like BP doubled their profits in two months. More than doubled, yeah. And I think those are the people in Trump's year, but I think when it comes up to him, he's like, Okay, yeah, tell me, do whatever you want. I get that vibe from him where I think it's more incompetence than deliberate on his part. That's why what he says is all over the place.

SPEAKER_14 25:14

Because we are growing in our exports of oil as other tankers are having to use us as the last resort, but we don't have enough to support them and us. We don't. Yeah, we just simply don't. So I guess I wonder how long that can go on, just the feeding of the the corporate buddies, feeding of the billionaire elite companies before like the entire infrastructure in which they're profiting off of collapses. You get what I'm saying? Because that that can only go on for so long, or is it an infinite game that they can just continue to just scalp off the topic? Historically, it doesn't look like it's an infinite game. I wonder if this is just getting us closer to the end of the game or if this is just gonna keep happening. We're right in front of our face. Yeah, I we're getting kind of lied to.

SPEAKER_11 25:53

I don't know enough about the oil industry long term, but I know they they were hawk and they drove up prices, and we just watched the video about BP's profits going from 1.2 billion to 3.2 billion in a quarter because of it. So I know there's people I say the same thing where it's like if you think in this year, if you're these oil companies or whatever and you gotta make money, all of a sudden you've been handed this two-month period where you can raise prices, profit gouge, that's your Super Bowl, that's your World Series for the year. If you're a corporate oligarch psychopath who doesn't care about 95% of humans.

SPEAKER_14 26:29

Fair take.

SPEAKER_11 26:30

So I think that's why it's so sloppy, is because for Trump it's not, but for these other people it is, and he's just like he's regurgitating shit, it seems like.

SPEAKER_14 26:38

And maybe regurgitating it to himself, because if we look at the next tab. He's trying to convince himself it's like he's negotiating with a mirror. Because as we're talking about like the straight being opened, the straight of four moves officially now has a toll attached to it from the IRGC. Those two things just don't match up. Why is the IRGC moving forward on creating this toll system that's gonna be based off of a certain uh uh dollar amount per barrel that goes through their straight. Their straight, in quotes, of course, supposed to be open water. Was open water, I heard, before the war. So Iran is moving forward on this to the point where now, if we go to the next tab, it's an Iranian website, so we can't access it, quote unquote. I'm hoping in the next week we can actually look at the physical website. Uh, we did see a logo that Iran has launched a new website called the Persian Gulf Strait Authority to oversee traffic through the Strait of Hormuz just minutes after Axios report claimed a deal was near to end the war and reopen Hormuz. The site signals plans to charge ships for safe passage, and vessels are expected to receive rules and instructions via email under the new system. So some are thinking that that could have been what caused it to spike back up. Others think it was just a rug pull for oil shorts to get profited off of. But for those that are sitting here thinking, all this oil talk sack, I get it's expensive. Let's suck it up. Your hundred dollars at the tank does not matter. This is America, baby. There's bigger plans at hand. The farmers that are struggling to reach any form of profit margin, we have to put them to the side for now for America. We have to put them to the side. We have to let them die in a profitless, uh just abandoned farm room in the back of the shed. Just let them stand there. We don't have to think about the fact that all of the potential exports of soybeans are now cut off or the fact that they're facing tariffs for the first full year this year. That doesn't matter. It doesn't matter that urea comes out of the Strait of Hormuz. It does not matter. We need to focus on America. And if you really want to focus on America, you don't want our greatest enemy to have a nuke. You don't want our greatest enemy to have a nuke. The worst thing that could potentially happen is the root of all terror in all of the world has nuclear capabilities.

SPEAKER_12 29:03

I think there's room for that argument.

SPEAKER_14 29:07

But that argument's been getting made for quite a while, have you heard? Let's hear it from the horse's mouth himself. Mr. We cannot let them have a nuclear weapon.

SPEAKER_02 29:18

If not stopped, Iran could produce a nuclear weapon in a very short time. It could be a year, it could be within a few months. They have the wherewithal, the stored up uh preserved knowledge to make a bomb very quickly if they wanted to do it.

SPEAKER_03 29:34

Iran is so dangerous. Weeks away from having the fissile material for an entire arsenal of nuclear bombs.

SPEAKER_02 29:43

They're very close. They're six months away from being about 90% of having the rich uranium for an atom bomb. Iran is gearing up to six to produce 25 bombs, atomic bombs a year, 250 bombs in a decade. Ladies and gentlemen, 1996. Time is running out. Iran will be capable of producing alone, without importing anything, nuclear bombs within three to five years.

SPEAKER_14 30:06

Within three to five years, it cuts off there at the end.

SPEAKER_12 30:09

This isn't a fresh argument at the very least. It's not a fresh argument. Sean, are you worried about Iran having nukes?

SPEAKER_14 30:16

Just honestly, do you sit do you sit and think and wonder at night? Does it come up at date night?

SPEAKER_15 30:24

Oh yeah, we're always talking about the Iran war on date night. It's like a hot topic. No.

SPEAKER_14 30:29

Um, honestly, just from not- I imagined that for a second that you you and her just just going back and forth.

SPEAKER_15 30:36

This place is really nice. How do you think Iran's doing right now? I mean, we're probably cooking up something I really.

SPEAKER_14 30:41

Did you hear about those war hawk missiles?

SPEAKER_15 30:42

Yeah, I mean, I'll be able to do as somebody who's definitely not credible to talk about that stuff. No, no, no, no, no.

SPEAKER_14 30:48

Again, don't downplay yourself. I just want to know like, are you as an American citizen?

SPEAKER_15 30:52

No, I'm not. I frankly don't care enough. I feel like we there's a ton of issues right now, and maybe perhaps that could be one of them. But I think we need to like take care of our own people first before that.

SPEAKER_14 31:05

What a wild take.

SPEAKER_15 31:06

Yeah, what a wild take. I know.

SPEAKER_14 31:08

What a wild take taking care of home first. Yeah, what a wild take.

SPEAKER_15 31:12

We got a lot of issues, man. This economy's crazy, and and people can't afford houses, and people have value that they're sitting on, but like what's the point of living your house? You know, anyway, groceries suck. Everything sucks. Sorry.

SPEAKER_14 31:25

And that was everything sucks with Sean Wright.

SPEAKER_15 31:30

Not worried about it right now.

SPEAKER_14 31:32

You're right, though. There's there's a lot of domestic threat. And and maybe we would care a lot less about the war. Maybe there would be a lot more overarching support if the home front felt better, if wages were up, if housing wasn't unaffordable, if healthcare wasn't unaffordable. Maybe we wouldn't care as much. I don't know. We're not gonna be able to view that timeline.

SPEAKER_15 31:50

Yeah, and this war is also affecting that, you know, gas prices and you know, like you're saying, with farmers.

SPEAKER_14 31:55

Yeah, it's making the problem we already realized was there worse.

SPEAKER_15 31:58

And then it's the fact that we even started this in the first time. Like we're just being bullies, like usual, as America.

SPEAKER_14 32:03

No, America's not the bully. We're the good guy. We're the underdogs. We're bringing them liberty, Sean! They need our freedoms. The sound of the red-tailed hawk, right?

SPEAKER_15 32:14

It's either that or red-shouldered. I can't remember.

SPEAKER_14 32:17

Oh, there's a red tail and a red shoulder?

SPEAKER_15 32:18

Yeah. Oh. I think it's red shouldered, but somebody in the comments can rip us apart about it. I don't know.

SPEAKER_14 32:26

All right, let's switch topics. Out of Iran into one of those domestic issues that you were talking about. Uh data set. Never mind. We gotta play this clippers. What are you talking about? It's this live look at Donald Trump trying to exit the Middle East. And it's just a gif of who is that?

SPEAKER_15 32:44

Austin Powers. Is that Austin Powers?

SPEAKER_14 32:46

You know, I never saw that movie. Never saw that movie.

SPEAKER_15 32:49

It's a it's a good one.

SPEAKER_14 32:51

Is it yeah?

SPEAKER_15 32:51

I don't know how it's aged. I watched it when I was like 10. I shouldn't have.

SPEAKER_14 32:55

I don't know if I've seen a Myers movie other than Shrek.

SPEAKER_15 32:57

Oh, yeah.

SPEAKER_14 32:58

Oh, he was in Bohemian Rhapsody. He was in that one. That was good. He was the yeah, he was the evil uh record owner guy. Speaking of evil record owners, let's talk about Kevin O'Leary, Mr. Wonderful Baby, Shark Tank celebrity. Everyone loves a celebrity, right? And when you're famous, you can get away with a little bit more. We know that. Having a bigger pocketbook always helps. But in terms of PR, it's always beneficial to have a primetime TV show that's been successfully running and helping the American influencers and entrepreneurs grow in their own stake and maybe having the American dream. So Kevin O'Leary's got a lot of business and social cred. What he doesn't have is a lot of hair. Never has.

unknown 33:44

Oh, that's what he looks like.

SPEAKER_14 33:45

Oh, yeah, this guy. You know who this guy is.

SPEAKER_15 33:47

Yeah, he looks like a shark.

SPEAKER_14 33:49

You look you love Kevin O'Leary. I don't know if I've ever seen your eyes look the way that you've looked in times where you've talked to me about Kevin O'Leary. Some of the takes that he has made and just the look in your eye when he's saying it. Because he is completely disconnected.

SPEAKER_15 34:05

Yeah.

SPEAKER_14 34:06

He is completely disconnected. And from a person who it's not his full-time job, but he's been doing it for quite a while. I'm assuming it's a good portion of his hours. He's been working with the irregular American entrepreneur. I feel like he would have a good sense for like the boots on ground economy. But over the last year, year and a half, his takes have gotten wilder and wilder. Today, as we're about to watch this video, Kevin O'Leary has a proposed data center. This is from the Perfect Union, by the way. Great place to follow. We love Perfect Union. Kevin O'Leary's proposed data center is estimated to eventually consume nine gigawatts of energy a year. That's the power that the entire state of Utah takes on. At 40,000 acres, it would be the largest data center in the world by far, and I got a stat for that. It is going to take up 62 square miles, this Utah data center. Salt Lake City is 110 square miles. It's more than half of the size of the entire capital of the state. This thing is gigantic. This is not, this is not even the normal mom and pop data center to get mad about. This is the ball. This is the ball center.

SPEAKER_15 35:18

Mom and pop data center?

SPEAKER_14 35:19

The normal mom and pop data center. I got no idea. They came to the country, didn't have a dollar in their pocket. They were trying to get by. And then dad comes home one day, he's like, I'm going to start grinding and open up my own data center. You know the story. It's the classic American story.

SPEAKER_15 35:34

It's like we either want to open a pizza restaurant or open a pizza restaurant.

SPEAKER_14 35:38

It's pizza restaurant, sub shop, contractor, data center founder. Those are the four most common stories in the American heritage. One of your grandpa's probably had that story arc. Kevin O'Leary's no different. Kevin O'Leary's just a normal guy. He's not. This data center thing, honestly, I'm gonna try to keep it light, I'll be very honest with you, but this is one of the things that actually like makes me angry because there's no benefit to it. There's just no benefit to it other than billionaire pockets. There's no benefit to it. In fact, there's not just no benefit, there's a strong con, not only for the people of America, but America itself, as in the nature and utilities of America. Nothing's good about it. This guy agrees, though. He is at the hearing where they are hearing out the people of Utah about this data center proposal. We're gonna walk through the story arc because this has come to a conclusion. Let's watch this video. So here's the this is the hearing, and we're getting a couple different clips from this uh this exact event. Um but before we go on through that, I I want us to understand what the argument for data centers is. There is none. It's just profit. This guy, though, does a fantastic job of unpacking why that exactly is.

SPEAKER_09 37:35

Um, Mr. Hollingsworth, I know that you had your hand up to talk.

SPEAKER_14 37:39

This will be about two minutes. Lock in with me. Listen to what this guy says.

SPEAKER_08 37:43

Hello, my name is Will Hollingsworth. I work at Reed Memorial Library, and thank you all for hearing me today. I'm not a cynic when it comes to technology. My love for it started when my uncle first sat me down at a beige Windows 95 computer and began teaching me HTML. I will never forget the first thing I Googled. It was an image search for pigs flying. I wanted to see if the internet could make the impossible real. This love of the digital shaped my career as I went on to become a programmer and a professional content creator. For the last decade and a half, I have been in service of learning burgeoning technology. In my last job, I was the digital artist they trusted to do that kind of work. I was the one feeding mid-journey prompts to create the perfect commercial, training the very machine that would eventually replace me, as three months later they would lay me off. I didn't just watch it happen, I was holding the tools when the tools were turned on me. I want to stress, I don't stand here as an enemy of progress. The thing is, when I look at the data center proposal, I don't see progress. I see a gamble where the big tech companies get the gold while Portage County foots the bill. Now I know there are good faith arguments for this project. There are people in our community, informed, honest people, who will tell you that the modern data centers use what's called a closed loop system. They say the water is filled once and recycled forever. In a laboratory that might be true, but we aren't living in a laboratory. We're living in Ohio. I can tell you that as the chips get smaller and AI demands get larger, the heat these machines generate is outstripping the closed loop theory. To keep the servers from melting, a data center has to bleed the lines to remove toxic sludge, aka forever chemicals, and bleeding water needs to be evaporated. It does not stay in the loop. It evaporates into the sky by millions of gallons. The very place that laid me off was an organic mattress company. And while working for them, I actually learned a lot about forever chemicals. I got to see how the sausage gets made. I saw the inside of those so-called regulations. I saw how rigorous studies are often self-funded, a pay-to-play model where if you've got the cash, they'll give you the certificate. If a trillion dollar company is funding the study that says their forever chemical learn off won't hit our water table, they aren't giving us the science, they're giving us a sales pitch. We're told that we have to accept this because we need big employers. We're told that if we don't say yes, we're driving away the future. But that's a false choice. A big employer who uses the water of 50,000 people, which by the way is a combination of both Kent and Ravenna, only hires about 10 people is not an employer. They are an extraction. We are being asked to fund a 21st century luxury with a 19th century resource heist. We are being asked to sacrifice the lifeblood of our city so a trillion-dollar company can save a fraction of a cent on its margins. We are being asked to drain our reservoirs so a chatbot can write a poem or so our sheriff can generate a picture of himself standing next to Bigfoot. Which, by the way, of course, he made himself look taller. They want us to trust a trillion-dollar industry that tells us with a straight face that they can suck five million gallons of water out of our ground a day, use it as a liquid heatsink, and return it to our rivers without a single consequence. They are asking for a measured approach while they hide their actual usage behind secret contracts and NDAs. Ohioans have seen this trick play before. We know what happens when massive utility interests and black box energy deals get fast-tracked behind closed doors. We're still paying the bill, literally, for the first energy scandal. We were told these bailouts were essential and measured too, and it turned out to be the largest racketeering plot in the history of our state. So when a trillion dollar company asks for our water, our electricity, and our silence, we shouldn't just be asking for the facts. We should be asking who's really getting the kickback and why is it our reservoir that's on the line? There is a reason the Ohio House just voted 88 to zero to pause and study this industry. It wasn't an act of cynicism, it was an act of stewardship. They realize we cannot let these ghost towns move in then before we understand the damage they do to our grid and our water table. We are the county seat, we are the stewards of the Great Lakes basin. Let Ravenna be the city that had the wisdom to say no to the bubble and yes to the basin. I am not a cynic when it comes to technology. I am a believer in community. I believe that a drop of clean water for a Ravenna child is worth more than a billion AI-generated images. Let us choose the child, let us choose the community, let us choose to keep our water where it belongs. Thank you.

SPEAKER_14 42:19

They aren't giving us the science, they're giving us the sales pitch. Great quote. Will Hollingsworth. Will, if you hear me, buddy, you know anybody that knows Will, would love to have you on the show, brother. That was great. And that was out in Ohio. Again, the uh Kevin O'Leary data center, Utah. So these are different. These are different states. Every state's going through this. I'm going to show you what's going on in Delaware here at the end of this. We have an in-person story right here in our state. So let's go on to the next part. This is in Vineland, New Jersey. This is a data center that has already been built. It says residents in Vineland, New Jersey say a newly opened 2.6 million square foot AI data center operates around the clock. By the way, again, the one being mentioned for Kevin O'Leary's is 62 square miles. Putting that in perspective, producing a constant industrial hum that has sparked numerous noise complaints and renewed scrutiny over how the project was approved. Let's play this video. Listen to it every day. Listen to the birds, noise at 1 a.m.

SPEAKER_15 43:42

I almost want to go there just to like I want to experience it in person. I feel like videos don't do this stuff justice.

SPEAKER_14 43:48

We should. We should we should go and travel to the local data centers that are already we're local enough to New York, PA, and Jersey.

SPEAKER_15 43:54

We should make a trip.

SPEAKER_14 43:54

We could do a whole video. Comment below if you want us to do that. We will travel and do a whole video doc. We'll interview people. In these neighborhoods, we'll we'll see what the actual effect is. Because the other effect that I've looked at from the real estate angle is it's dropping home values. People don't want to live there. Really? Yes. And and there's slowly these little bubbles are forming. And of course, these data centers, these AI data centers are newer. Of course, data centers existed, but these AI data centers newer. Uh, we haven't seen the full effect of it yet, but we're already seeing price declines. Because people are having trouble selling in that area. Imagine coming to a showing and that's what's in the background.

SPEAKER_15 44:28

People are mad about the stupidest things.

SPEAKER_06 44:31

Right.

SPEAKER_15 44:32

People are angry about undocumented immigrants coming to our country and bringing down prices. But it's like, you realize billionaires are putting AI data centers and then driving prices down that way. Like, you're mad at the wrong thing. Like, you need to do a fact check.

SPEAKER_14 44:45

Me and you know the immigrants are the problem, it's not the rich people. Let's not shift blame.

SPEAKER_15 44:49

I wish we had a soundboard button. Which soundboard button would you have gone for? Like, I don't know. No. Like, shut up. Like, it's all like that.

SPEAKER_14 44:57

Just me saying, let me play devil's advocate. Devil's advocate. No, you're absolutely right. You're absolutely right. And and though the the headlines get formed around the literally, like when we're talking about immigrants, we're talking about minorities. The minority of the problem is minorities. The majority of the problem is the elites. That's the majority of the problem. And they'll blame things that are draining tiny bits, all while this shit is happening. This just gets me so mad because it's happening live and in front of us. We're running out of time, honestly, before this is life and it's going to be everywhere. And this is the tech that our country's value is going to be based off of. Is these things operating and our country just being founded and run off AI and crypto? It's so dystopian. This is that same, uh, and this is by SLTRIB, the Salt Lake Tribune. Again, this data center is going to be more than half the size of the entire city of Salt Lake. Let's play the uh a little bit of this. It starts with that chant going in on a shame.

SPEAKER_01 46:07

After a contentious hour-long meeting, Utah's sprawling hyperscale data center is still on track.

SPEAKER_05 46:12

Okay, I know! You continue. I have unforced here.

SPEAKER_01 46:21

The three-member Box Elder County Commission voted unanimously to approve the master campus. The commission's vote allows the Utah's Military Installation Development Authority to create the project area, which can offer an array of incentives to short tank celebrity investor Kevin O'Leary. The vote took place in front of a past prem at the Box Elder County Fairgrounds. Commissioners left the stage to finish the meeting virtually. Commissioner Tyler Vincent.

SPEAKER_14 46:55

Alright, so let's go ahead and pause it there. They couldn't complete the meeting there. Which, by the way, great job for getting them to the point where, like, we can't even do this here. We need to be belligerent against these politicians that are ripping apart our society. For what? These guys can't even restart their router and they're voting on data centers?

SPEAKER_15 47:14

I was gonna say, they don't even know what they're doing.

SPEAKER_14 47:16

They have no clue what they're doing. This is just some little town council of 80-year-old bums that are like, you better shut the bird, I'm gonna get you out of here in the name of the Lord. What are we doing?

SPEAKER_15 47:29

How am I gonna make a cartoon version of myself on Facebook?

SPEAKER_14 47:32

All three of them have had their Facebook hacked more than once, and they're the ones in charge of the infrastructure of the next wave of technology that they're already actively being tricked by, by the way. We're in the first level of AI, and they're wondering, huh, I wonder if this horse really does run with six legs. That's really interesting. They they have no clue what's going on anymore. They're out of touch with what reality is.

SPEAKER_15 47:55

But my question, dude, my question is like, why? Why are why are they supporting this? Like, there has to be money, right?

SPEAKER_14 48:01

Money!

SPEAKER_15 48:02

Like all the old people in the crowd? Money.

SPEAKER_14 48:04

Money. The the old people in the crowd go with politicians bipartisan.

SPEAKER_15 48:08

Yeah, like putting putting the judging old people for misuse of technology aside. Like, what could possibly be the reason for them doing that?

SPEAKER_14 48:16

Money. Tax revenue. They're gonna get money because the AI data center is gonna come in, it's gonna get money for schools, and it's gonna give money for streets, and it's gonna create jobs. It's all the same stuff. It's all it's all the same arguments we've already been listening through even before the pod when we're talking about Project Washington here in Delaware. It's these arguments that this is the next wave, and we can't we can't be we can't be staunch blockaders of the future. This is what's gonna happen.

SPEAKER_15 48:47

Yeah, it's inevitable.

SPEAKER_14 48:49

It's inevitable, yeah. So we gotta get in on it. But the thing about it is there's no benefit to that local economy at all.

SPEAKER_15 48:55

Right. It's the opposite.

SPEAKER_14 48:56

Exactly. It's this macro elitist oligarchic goal of, and that's why the people like the Kevin O'Leary's are the ones getting behind it.

SPEAKER_15 49:03

Yeah, I was expecting to see him up there. Why isn't he there? That kind of stinks.

SPEAKER_14 49:06

I did see a clip of him responding to this. I should have pulled that up for the pod. But let's play this. Uh, this is after they went virtual. This is them actually uh coming to their vote, and you get to see the crowd's reaction.

SPEAKER_04 49:23

To the inclusion of the private land located in the unincorporated Oxloco County.

SPEAKER_14 49:29

What are the police officers protecting?

SPEAKER_15 49:31

The TV. Like, they're gonna get through virtually.

SPEAKER_14 49:34

What are the police officers protecting? They're all standing there, super serious, doing their job. Thank you for your service, but what are you protecting? There's nobody there anymore. I'm assuming they were there to protect them when they were up there, but then nobody gave them further instructions when they had to leave.

SPEAKER_15 49:50

Like, all right, we gotta make sure this crowd's chill, I guess.

SPEAKER_14 49:52

Protecting your rights. All right, let's keep playing. Again, this is virtually now they're up on a big screen. There's overarching support for the data centers. That's good. I'm in the minority here. That's good. At least other people are pumped about it. That's a rowdier crowd crowd than when the Pistons and Pacers got in a fight back in the day. That and that was bad. That was a rowdier crowd. Joe, do you remember that? The Malice at the Palace with Ben Wallace? You remember that?

SPEAKER_11 50:48

The Pistons fight?

SPEAKER_14 50:49

The Pistons-Pacers fight? Ron Art Test? Ron Art Test, yeah. Yeah, yeah. Getting up in the stands. Sean, have you ever seen that? Oh my goodness. We might stay to the end of the pod. We're gonna finish on a fun note. We're gonna watch the Malice at the Palace, and Sean's gonna get to react to it.

SPEAKER_11 51:10

After the game against Boise State.

SPEAKER_14 51:12

Legarrett Blunt after the game. Yeah, just right. We'll pull that up here in a minute. I don't even know what you're mentioning with Lagarrett Blunt.

SPEAKER_11 51:19

Super Bowl winning running back when he was at Oregon. They lost the bowl game. It was an upset to Boise State. And one of the linemen got in his face. And then the next part's incredible.

SPEAKER_14 51:31

Legarrblant's a big dude, too. He was a big dude in college. That was one of those dudes when he was on the field in college. When he was on the field in college, you're like, that guy's gonna be in the NFL. That's a large man.

SPEAKER_11 51:43

No, he ended up like they no one drafted him, but he uh got signed as a non-drafted free agent. I think he ended up like winning a Super Bowl with the Patriots. He was on the Eagles Super Bowl team.

SPEAKER_14 51:52

I know he was in that like uh smash and dash style running back tandem where he would be the he would be the smash. He was a big boy. All right, so we would just watch Utah. Overwhelming support for them approving that data center. Again, more than half the size of the square footage of Salt Lake City, their capital. But on some better news, here's what happened in Indianapolis.

SPEAKER_01 52:14

Like to announce uh our intention to withdraw this proposal.

SPEAKER_10 52:33

Maybe Google. For a long time it felt like we were four people with cardboard swords, but tonight it shows that people power still reigns. Because it was too over to fight. We came prepared to fight with everything we have against this data center. Because if they voted it up, it feels like I'm not going to have my livelihood destroyed. And we farm three acres. So if this is water or water contamination, I don't have a business.

SPEAKER_14 53:00

Big ups to them. Big shout out to Indianapolis. Ten big booms on the scale of five over to Indianapolis. Again, this is coming from uh reporting on the perfect union. They're always covering the most important topics. Love the perfect union. So I want to talk about what's happening in Delaware. I'm from Delaware. Joe's from Delaware. Sean's from Delaware. Hey, me too. We're Delawareans. About 20% of Delaware's population is currently in the spacement. Delaware is a small state. So data centers like these of a massive size are going to have a massive impact. In fact, what we have in front of us is known as Project Washington. And this alongside with two other data centers, three other data centers in Newcastle, Joe? Is it four in total? I thought it was four in total.

unknown 53:45

I thought it was up to five.

SPEAKER_14 53:47

Is it up to five?

unknown 53:48

Some of it are gone.

SPEAKER_14 53:49

The amount of power that these data centers that are currently planned, whether it be four or five, would take up more power than the entire state of Delaware currently requires. We'd need to double our power. We need to double the entire energy infrastructure to be able to support these data centers. And Project Washington was a really, really controversial one. To my knowledge, it was the biggest. And they have this little Project Washington, like, here's what we're going to be doing, and here's how it's so great for your community. There's going to be more jobs, permanent positions, even high-paying positions. And wow, the amount of money we're going to be able to raise. So here's here's a breakdown of what they put out. Because when we when we saw this, I I've been tracking this data center for a bit, and I was always tracking about 200-ish jobs that were going to be created by it. By the way, let that sink in. This is a$10 billion project, 11 buildings. 6 million square feet. Can you even conceptualize 6 million square feet? 200 jobs. Across ships, by the way, because it's a 24-7 facility. So between ships, we're probably talking about 80, 70-ish jobs. And a large amount of these jobs are paying between$46,000 and$56,000 a year and are custodial or security. All right. Now we see here it says$3,500 construction jobs. That's done as soon as the construction's done. And by the way, if we follow the pattern of what other states have been doing, they bring in contractors from other states and have them, having already worked on data centers in the past, come to Delaware to do it. So we're not creating jobs for Delawareans. What are we talking about? What are we talking about here? And on this number, it says 2.5 billion. We've seen 10 billion float around multiple times to build this project. So this whole pitch sheet that we have in front of us is just BS because it doesn't mention the fact that it's going to use 1.2 million gallons of water. 1.2 million gallons of water per building. Which I think is like 13.2-ish million gallons of water that are in a closed loop system. It's going to go right back into our water. Um, I don't want that water back into our water. Plus, there's a lot, there's millions of gallons that are going to evaporate due to the heat. This project, though, did not make it. Can we go to the next habit? Do we have the next hab where it didn't make it? Yeah, very at the top. This did not make it. Denrec, Delaware Recreation, shut it down. Got denied. They pulled this old 1971 Coastal Zone Act. Seemingly out of nowhere. No one was even arguing for this to be the reason why it got turned down, but Denrec, Department, uh, Delaware's Department of Environmental Agency, uh, said that based off the Coastal Zone Act of 1971, we had to protect the state's shorelines from the impacts of new heavy industry. They decided the Delaware Department of Natural Resources and Environmental Control, otherwise known as Den REC, decided that the proposed data center near Delaware City, dubbed Project Washington, is not allowed under the law primarily because of its diesel generators. The data center plan calls for 516 backup diesel generators that would operate in the case of a power outage. They together would need 2.5 million gallons of stored diesel. Gregory Patterson, Secretary of the NREC, called it entirely unprecedented in his ruling. He said the large tank farm that is incorporated into this proposal will pose exactly the types of risks that justify the categorical exclusion of such tank from or of such a tank farm from the coastal zone. They're not gonna have a tank farm. I love that we have like a little uh because we're coastal and we have this act in place. I love that we have an out. I don't think this is gonna get to apply to all the other data centers that we're gonna have to fight here in Delaware. They're talking about the potential of it in Harrington, Delaware. They have them going up down south. There's about four or five up north, I believe down the four if this one uh doesn't gain back any ground. We gotta fight this. We have to fight the data center. This is not beneficial to anybody. Anybody but the billionaire. Your power costs will go up, your living standards go down, water and nature is impacted at a very high level, and it's not creating any economic stimulation. Pretty much the pattern of America from the 70s has been hey, screw nature, but we're gonna make more money. In this case, it's literally screw nature, and you're not getting money. There's no benefit to the working class normal person for this at all, other than losing some of the state that they grew up with. Because, like, for one, one of them in Delaware is apparently going up where Frightland is. Whether adjacent to it or taking it over, that's still unknown. Frightland is yet to comment. We don't want to lose Frightland. Joe, what were you gonna say?

SPEAKER_11 58:55

I found an article from uh agency reporting on the Project Washington 2, and it breaks down the exact list of job proposals that they give. And in the five the initial proposal, it actually just said 120 permanent jobs, and so they said high-paying jobs, and 92 of them start at 65k or less. So what are we talking about here? 92 of 120 start at 65k or less.

SPEAKER_14 59:22

And now it's apparently 205 or so.

SPEAKER_11 59:25

Yeah, four of the jobs of the 120 they outlined had a starting salary of 100k or more.

SPEAKER_14 59:30

Four?

SPEAKER_11 59:31

Four out of the 120.

SPEAKER_14 59:32

And that's probably two different jobs with two different ships.

SPEAKER_11 59:36

Yeah.

SPEAKER_14 59:37

Jesus.

SPEAKER_11 59:39

Director, director, and then chief engineers. Two chief engineers, that's it.

SPEAKER_14 59:43

Yeah, so they're uh the director, director, chief of engineers. So it's the same job for two different ships.

SPEAKER_11 59:48

Somehow it ended up at 277, but when they say high paying, like 92 out of 120 are not high paying.

SPEAKER_14 59:55

So 92%, even if it's 200, now we're talking there's 16, 18 high-paying jobs. Good God, man. It's just there's nothing about I don't get this one, man.

SPEAKER_11 1:00:05

By the way, I can send that source for the bid. Yeah, we'll get that in the description too.

SPEAKER_14 1:00:09

I just don't get it. This is one of those things, like everything I think has the nuance of at least being able to be debated or argued, and everything can have a pro, and even though the overarching cons are usually always there and sometimes ignored based off of bias or party alignment or whatever it may be. There is no argument here.

SPEAKER_15 1:00:28

You know how I see AI data centers? I see them like Applebee's. You know why?

SPEAKER_13 1:00:33

Why?

SPEAKER_15 1:00:34

So Applebee's are like everywhere, right? It's like a corporate restaurant that's everywhere, it's a franchise. You go there, it tastes like the same. It's like, you know, uh, what is it? Cisco the food thing. And what Applebee's, and I've noticed it in the one in Milford, is they try to brand themselves as like a local restaurant. Like they have local stuff on the walls, like like you know, Milford, it has all the pictures of like boats by the river walk, it's got uh maps, yeah, you're right. They do, yeah. It's like they try to make it seem like it's this this area you can come eat and and it's local kind of. Like they it's like like they're they're dressing themselves like, yeah, I've been in Delaware this whole time. And it's like with AI data centers, it's like, no, like we're actually a benefit, guys. We will help your community. Like, we'll be there for you guys.

SPEAKER_14 1:01:17

Isn't Applebee's slogan like in the neighborhood or something like that? Yeah, like that's a like they love trying to be like the you're right, because the one in Camden's just like littered with like Caesar Rodney stuff. Yeah, you're absolutely right.

SPEAKER_15 1:01:29

It's the same shell, it's just like hey, let's just add some decorations on there.

SPEAKER_14 1:01:32

People it's just a part of their brand book, it's just a part of what they do with their franchises.

SPEAKER_15 1:01:36

It worked for me because I was in Applebee's the other day, and I hate Applebee's, I don't go there anymore. But I was in there and I was like I actually rock with Applebee's, the wings are tight. Appetizers are good. That's the only thing appetizers hit. Dude, they got this chicken parm with like cheese on it. Shit's not good. But anyway. Anyway, but I was looking around, I'm like, this is kind of cool. But then I realized, wait, no, this is a corporation. This this fucking they're just like acting like they belong here.

SPEAKER_14 1:01:58

Get out of here. I love that you're seeing through the veil, though, because that's what causes mass class consciousness is us being able to see through the brand veil. Everybody has their brand and their veneer and their the identity they want to portray. We even do it as people. We can go we can get real philosophical with that. Me and Sean can just pause, start a whole new episode, and just do that. But on the business side, that's all it is. They're trying to portray uh an image that they see as the most profitable.

SPEAKER_15 1:02:29

Yeah. I think everybody should take like a marketing class or something, just once.

SPEAKER_14 1:02:33

Just to understand how, yeah. No, absolutely. Absolutely. Marketing, branding, and the psychology behind it's very interesting. It's very interesting. And I myself, you know, most people know my story, like 10 years in real estate. Like I've been deep in the entrepreneurial spheres. It's very interesting, but at the same time, it it's at a macro scale, it is used for profit. And that profit in this capitalist system, as we're entering like this end-stage capitalism era, is draining more and more and more and more and more and more and more from the working class. And I think as that continues to happen, there's gonna be more people that just kind of see through the veneer. They just kind of see through it. Like, no, you just want my money. You just want to yell. You don't want to talk to me. Yeah, you just want to yell. It's a Tim Robbins repair. Tim Robbins, if you want to come on the podcast, brother, we will come to New York. We will come to New York.

SPEAKER_15 1:03:28

We can't do any of like the bits that are in front of him.

SPEAKER_14 1:03:30

We can't do bits. I yeah, we can't do bits.

SPEAKER_15 1:03:33

We can't do a bit and be like, come hang out with us.

SPEAKER_14 1:03:34

Yeah, there's there's a there's a buddy of mine on social media. We were friends for a while through the real estate circles, and then I had reposted something from I think you should leave, which is like his flagship show at this point. Yeah. Uh, and he had responded saying, I know him, that's my son's best friend's son. And so he comes to like family dinners and stuff like that. I was like, That's crazy. Like, what's is he cool? He said, Oh, yeah, he's super cool. He said, But don't do one of his bits in front of him. He hates that.

SPEAKER_12 1:04:03

Are you sure about that?

SPEAKER_14 1:04:05

Like, don't do that in front of him. It probably happens all the time. Uh, Sal Volcano, I DM him a couple times every now and then, like on the week. Like, we just be chatting sometimes. And people just be coming up to him, yelling all these things from impractical jokers. It's like, it probably is cool when you can have a normal human interaction with somebody and they're not just quoting all your bits that you've heard a thousand times at this point. We're gonna end this episode now. For those of you who are in the dollar club on YouTube, we're gonna post this in the members only section. It is only one dollar. It is only one dollar. So if you don't care about that, that's fine. Love you. But anyone who's taken the time to support our channel, whether through subscribing, liking, leaving a review, it means the most because we're trying to bring real information on a day to day basis to you in a world full of just a muzzle velocity of stuff to keep up with. Love you so much. Thank you for tuning in. And if you want to see us react to the mouse at the palace for 10 minutes, hit the members only area and it'll be there. Love you. See you next time.