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Chip, I don't know if you've had the same feeling that I did today, but after reading through all of today's Ripple and XRP stories, I kept coming back to the same thought. Not because of one headline, but really because of all the headlines. I know we repeat this over and over again, but you got to really hone in on this because when you have Ripple expanding its university blockchain research in this initiative, you have RL USD continuing to gain institutional adoption. You've got the Clarity act moving another step forward. We'll see if it's in 26 or 27. You've got AI developers building on the XRP ledger. And when I looked at all of it together, I thought Ripple really has changed the rules.
B
Yeah, that is key, Jeff. We do harp on this quite a bit, but I think this comes down to one thing and interpreting what you're actually seeing. And then some people would be like, wow, something changed today. It really doesn't have anything to do with today. But if you stack them sort of together, you know, think about the university thing. The outreach to. Universities usually have a different kind of outreach. Got institutions, regulation, even. Like, if you think about AI, Jeff, they're all pointing in the exact same direction. And that's kind of where we're always headed. And that's where we're headed tonight. Because if you're only reading the headlines, you're kind of missing everything else. You're actually missing the actual bigger story. So if you will, Jeff, do you want. Are you ready to get into this thing?
A
I'm ready.
B
Let's go. Welcome to on the Chain.
A
All right, welcome to on the Chain. This is Jeff here with co host Chip. What is going on? Chip, what's going on? Everybody out there in the on the Chain community. Tell you what, if you were with us before the intro, we said tonight isn't about one Ripple announcement. That's right. It's about what happens when you zoom out. You got to go macro, not micro. Today we saw Ripple expand its university blockchain research initiative, RLUSD continue continuing to gain institutional momentum. And AI transactions is probably the most exhilarating of all of it is growing on the XRP ledger and more movement towards regulatory clarity with the Clarity Act. Now, any one of those stories by itself, truly worth talking about, but when they all start happening around the same time at the same time, that's when you really have to stop looking at the headlines and you have to start asking yourself, where is all of this actually going?
B
Yeah, that's what I think too. Where are we headed? And you know, Ripple isn't just showing up one part of the industry anymore. No, no. Now it's, it's multiple segments. You got universities, it's enterprise, it's AI, Big one. Tokenization. What we're all counting on is regulation in every direction you look. Ripple and XRP seem to be always part of the conversation. We do know one thing about XRP that we keep hearing a lot from Brad Garlinghouse and that is XRP is very vital to Ripple. They pounded us into us, Jeff. And they keep telling us over and over again it's their, it's, it's their. What do they call it? What's the, what do they, they call it? It's their mantra. Not their mantra. They have something, it'll come to me. But they just constantly talk about how XRP is important.
A
It's really critical to them. So let's actually, let's start right there. You mentioned Ripple announcing that its university blockchain research initiative is now grown to more more than 60 academic partners around the world, not just one or two. Now on the surface that might sound like just another education announcement, but I don't think really that's what this is. I think this really tells us exactly where Ripple believes the future of Blockchain Digital asset and the XRP ledger is heading. So Chip, if we want to dig into this, this could really set the, the tone of the rest of our time. How about that?
B
Yeah, how about them apples? How about them apples?
A
The North Star, Joseph.
B
North Star. That's what it was. I was like, they keep calling it something North Star. And I hate this. When you work for big corporations, they drill that into your mind like, and our North Star is this. And you're like, everyone's like rolling their eyes. You're like, yeah, okay, whatever, the North Star. And maybe I've drilled it on my brain because I've worked for enough big corporations and big enterprise level companies that you get on, on all hands every three months and they're going to tell you about what the big cool thing is, our North Star. And it's always something you can't ever remember, nobody cares about. That's why I forget it. Here we go. Check this out. Ripple right there. Blockchain is moving faster than ever. Research keeps pace, and it's merging with the world's leading universities. Since 2018, Ripple's UBRI has grown to over 60 academic partners exploring where this tech goes next. That's where you want to put it on the university level, the 2526 report showcases breakthroughs across three frontiers. And Jeff, are you surprised? What's number one?
A
Number one, Number one is MIT
B
autonomous and AI enabled financial infrastructure breakthroughs.
A
Not, not the where. Got it.
B
Yeah. I mean that's right up at the top. Autonomous and AI. We're honestly, a few months ago I was like, well, yeah, they're going to be. AI agents are going to be making payments to be doing this. Well, we have some more news about that too. It's happening at a much faster pace than I think we would all want to even believe. But a few months ago, when we first introduced those are like AI agents, agentic agents. And now you see, boom, one of the big takeaways, autonomous AI enabled financial infrastructure. You've got tokenized assets and digital markets. Then post quantum cryptography. And I'll tie that back to what you mentioned in the intro, Jeff, when you said that, hey, any one of these things on its own doesn't make any sense, but look what's happening and look at how different the conversation is. And look at the weird nut job fanboys out there that are still living narratives from 2018, 2019. Haven't looked past 2020. But meanwhile, you got autonomous, you got AI infrastructure, you got these tokenized assets, you've got digital markets all kind of coming together with a big move towards the post quantum cryptography, which is huge
A
said big, big, big news, you know, and here you go, One arm bandit. We're building one world market for all markets.
B
Yeah. Look at this document, Jeff. We're not going to read this whole thing, but this is, you know, this is everything that's going on here. It's a lot. Boom. Look at this.
A
Read all of it. Probably like 200 pages. Let's start on page one.
B
Well, it's 32 pages of actual. But look at some of the, if you look at some of the partners here. Look at this, the university partners there. You got everything from Cape Town in here. You got Berkeley, you've got, you know, Zurich in here. Just, you know, Korea University, Kyoto University, um, University of Michigan's in there. What else we have here, Kellogg school, you got UPenn over there, Princeton, Portland State, Stanford, I mean Texas, everything's in here. Waterloo, Zurich.
A
So University of Zurich, Wyoming.
B
You know, it's got a whole bunch of just universities in there. Toronto's in there, University of San Francisco, Rutgers. I mean a lot of recognizable names in there, but it's huge. And it's good that they're making this Outreach. I really don't know too many, Too many other orgs that are doing this, but this is where you want to make the impact, kind of groom the future leaders. Something else cool about Ripple, Jeff, this story here. Ripple says they were proud to be named in the CNBC and Statista World's top FinTech companies in 2026 list. Now this is for the fourth year running that they've been included. So success in the industry is necessarily about just one cycle. It's about longevity. It's about the depth of partnerships that are built over many years. You know, you have ups, you have downs in the market. Thanks to CNBC and Statista for the recognition and to all of our customers and partners for building with us. And here it is right here. Let's go take a look. Looking at this together for the first time. There it is.
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World's top fintech.
B
There it is. Fintech's maturing just as AI challenges the very infrastructure is built on. And here we go. So where is Ripple on this list? Who the hell knows, man?
A
850 billion. Let's look at these companies. Awarded companies. Let's see a few of them. Zoom in on these.
B
I just searched for Ripple. I didn't find it in the awarded company. Oh, you know why? Because they've got.
A
Yeah, you gotta keep.
B
That's weird.
A
That's why makes it real difficult. You can't click all.
B
No, it's. Why would you. Why wouldn't you just expand this list? So I guess you gotta. There's Prospers in there. I don't even see Ripple in this list.
A
Well, Prosper made it.
B
Prosper's in there
A
over the years.
B
Isn't that wild? And, well, they're not in this list, so they must be. They don't even say where they were mentioned in. That's so strange, man. Is it digital assets? Yeah, it has to be digital assets. Let's see what they got in there.
A
Yeah,
B
well, I see Securitize is there. I do not see Ripple in there.
A
We got to go through all 50 pages or 40.
B
Holy cow, man. Did they say Fintech Enterprise? If that's. They said it was.
A
Oh, it might have been Fintech. Yeah, Fintech. Makes sense.
B
Does make sense. Where the hell are they? Let me see. What did they say for the recognition? Top fintech companies. That was the top index. Wasn't.
A
Was. So go back.
B
Enterprise. Fintech. I don't see. I see ramp in there. I don't see Ripple Insuretech. That's very strange, man. There's neo banks. There's payments. They're not in payments, which is another audit. But yeah, they weren't in the fintech companies. I didn't see them. Anyway, it doesn't matter. They made. They're in there somewhere. Nobody knows exactly where they are, but they're some. They're somewhere. They're buried somewhere there, obviously buried. We don't see them anywhere, so it's hard.
A
They should be at the top of the list and they're buried somewhere at the bottom.
B
And Jeff, we got a lot of stuff on Clarity act because over a year ago in the House, the Republicans passed it like that snap of a finger. It was passed no problem. You got the lame ass Democrats, the leftists who are anti everything party, you know, are a little bit rough around the edges. Here you go. We got Stu Aldarati, who's the council over there at Ripple. He said the Clarity act is a consumer protection bill. Strong aml, kyc, real tools for law enforcement and state attorney generals. Leave it on the table and consumers are left twisting in the wind for the status quo with no clear standards for bad actors to exploit. Again, perfect can't be the enemy of good. That's a great thing. Perfect cannot be the enemy of good. Let's get this done. Then we had Brad Garlinghouse chime in. Well, I chimed in first, but I'll go ahead. Let's read Brad's. What? Didn't Brad have a chime in? Here, let me see. I got a. See if I can find this, boys. Let me see if I can find it. There we go. I just didn't have it in order, which is really unusual. Here it is. I don't know what happened to Jeff. He just bailed. I think he had it come in and he left the stage and this camera's not working. Who knows? Jeff, what happened? Your camera wasn't working. I don't know what happened.
A
Oh, the entire. The whole browser froze up.
B
Weird AI will do that. You're running too many AI things in the background. Brad Garlinghouse said, my thoughts exactly. Perfect cannot be the enemy of good. Let's get this done. And of course I had a comment here, Jeff, in case you're wondering. Well, it looks like you're bringing logic and reason to a discussion that involves Democrats. They don't care. They're the anti everything party. You want to go through it? Anti crypto, anti AI, anti innovation, anti data centers, anti nuclear energy, anti oil and gas, anti energy independence, anti deregulation, anti business, anti tax cuts. Anti economic growth. Anti school choice. Anti parental rights. Anti border enforcement. Anti deportation, voter ID, police, second amendment, free speech, religious liberty, meritocracy, women's sports, American manufacturing. Anti personal responsibility. Anti Everything that cannot regulate, tax, subsidize or control. Did I live anything out of there, Jeff?
A
I think you hit it all.
B
I think I nailed it all. So there it is. They're the anti everything part. That's what I call them. The only thing they're for is raising taxes and looking the other way if an illegal slips across the board. You could say that they're the opposite of decentralization. They're all about centralized control. They want to control it, they want to regulate it. They want to. They want. They want to tell you what they can do. They want to tell you what you can't do. That's not the kind of. That's not how our constitution republic was set up, Jeff. Just saying.
A
Right?
B
And so Stu put this in there. This is the National Cryptocurrency association, which he founded. There's some new crypto research. The NCAA's Crypto at Work report is live. For the first time, we've mapped the full economic footprint of crypto in America. So everything from jobs, wages, impact across 50 states, 232, 000American jobs. That's how many, many crypto industry supports today. If you think about it, Jeff, that's today. Like, if you think about, like what would it be like with some clear regulation and more crypto companies, more blockchain companies, how would that affect it? I don't even know if that has like offshoots that dabble in crypto, but necessarily an expansion, but aren't really on its face a crypto company. So I wonder, you know, what that would look like there too, which I. You kind of have to kind of wonder what that actually pans out to be. But we've got a. We've got a video which I like because I'd rather watch a nice video than read through a bunch of stuff. But listen to this.
A
132,000Americans go to work in crypto every day.
B
They earn $133,000 a year on average. That's double the national median.
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Every crypto job creates 6 more more across the economy.
B
Crypto supports jobs from California to the Carolinas.
C
The industry adds $55 billion to the
A
US economy this year alone.
B
This isn't speculation. It's already happening. Crypto at Work report is now live. They have to do more of this. I like this. This upbeat, cool, easy to follow. Great graphics.
A
Yeah.
B
Kind of love that. It really is something fantastic.
A
That was $13 billion.
B
Yeah. They can qualify. Quantify. Jack McDonald.
A
Oh BNY BNY bank of New York
B
Melon CEO of Standard Custody SVP stable coins at Ripple. It's another Ripple acquisition. Congratulations to BNY on the milestone. Excited to be partnered with them with the RL USD help support the evolution towards always on treasury market since institutional digital asset infrastructure. And this is just basically a story. We're not going to read the whole thing but just if you want to look. Actually you know what, I got locked out of this but I found a way around it.
A
Look at that. Unlimited access for a buck. What?
B
Yeah, but you know what, Jeff? You can find ways or these things. I found this one which is remove paywalls.com so it just says they're pushing towards 24. 7 Treasury settlement as tokenization grows. Pretty nice. Pretty nice indeed.
A
I like that number.
B
And Brian Armstrong too. He's been a pretty big advocate and he's a guy that bent the knee to Gary Gensler in the SEC back then, but now, tough guy, strong dude. When Ripple paved the way and made it all acceptable for him then he's a big tough guy. Yeah, I'm tough guy. She. Well, Brian Armstrong had a nice message. Here he is and I got to give the guy a lot of credit because he's been in Washington, living there, pretty much advocating for the Clarity act which needs to get passed. Here he is right here. Brian Armstrong here. I'm back in the Capitol working to get the Clarity act passed.
A
Now this bill is at the one
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yard line and it reflects the a ton of work from both sides of the aisle to get to a true compromise. You have to remember that the status quo is not serving anyone in the US right now. There's no federal laws. We've seen bad actors like RTX harm customers.
A
This bill is an opportunity to cement
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the consumer protections and get America back on the forefront so it can lead in this industry.
A
It also gives a lot of powers
B
to law enforcement to root out bad actors. So thank you to all the stand with crypto members who contacted their representatives. I think, I think over 800,000 contacts
A
have gone out now and we with fingers crossed.
B
I think in the next few weeks we have a good chance of getting
A
this bill the full Senate floor.
B
Talk soon.
A
We're starting to see some massive progress. Question is, you know, we're in the summer getting ready to go into an election, so are they going to leave before? Are they going to have an appetite to pass this through. It seems like there's some momentum building, try to get some legislation through before it's all said and done. They did pass through Congress today. They passed some interesting legislation in terms of who in Congress can or can't trade stock. So there's things, there's momentum now that has to go through Senate, obviously, be pushed on. All these things are happening, like, simultaneously. So now we got to get this, we have to see this Clarity act seems like, you know, people want it to happen. A lot of conversation, even Lummis, you know, was talking about it happening, but she was saying, like, within a week. So I feel like we're talking about XRP. You know, it's like, oh, it's only 5.89 next week. But Chip, I, I my opinion, it's going to be delayed. What's your opinion?
B
Yeah.
A
How far out?
B
Well, the Democrats, again, since March, they've been delaying this thing. Okay, now they, what they've said now is that you've had the White House sort of come together and say, okay, well, this whole ethics thing, right? To agree to an ethics thing. Well, it's interesting that finally something passed in the House. But as Trump says later, we'll play a clip where he says, we've been saying it for Everything goes to die in the Senate. It just goes and dies. A year ago, Over a year ago. Now the Clarity act passed just like that. Boom, some discussion. Let's talk about it. Boom, passed. Now they're talking. Now the reason they're upset and again is it's all bs. They said the Democrats are mad because they want enforcement to happen at the Attorney General level, meaning happening at the state level. That's not good. They don't want the doj, Department of Justice responsible to oversee federally. Now imagine how that's going to work when you have each state can interpret the way they want and the blue states say, ah, you know, or go crazy like a Gary Gensler. How is that going to work? You need it to be a national. And then how is that going to work based on a crypto company going like, geez, we're in California now, but I better be better if we're in Montana. You know, it's, it's like, so it's a false premise. Oh, we need the ags to have control. We need state control. No, no, it's federally passed. You need a federal law to be across the whole thing. And you need to be open everywhere. You don't want AGs interpreting law. Now, I Mean, that's my take. I. I just don't see the Democrats wanting to pass this. We kept hearing during the presidential campaign the Kamalama Ding dong was going to cave and finally embrace it. They're never embracing it. They don't like decentralization. They want to control everything. Want to control what you do, what you eat, you know, how you interpret stuff. They want to tell you that a man is not a man, a woman's not a woman, and men can have babies. We missed a couple here, Jeff. We did our national security. Look at this right here. Boom. Anti America. Everything we missed. Anti heterosexual, I missed. Anti sanity, anti American, anti family, anti working pretty much right on pretty much everything.
A
And then Sammo. I like that. Sammo ammo. 1776.
B
You can't get title than that.
A
That's right on point there. Matter. Matter of national security. I think they'll vote this week. It's a matter of national security ammo.
B
Come closer. Yeah, you come here. They don't give a. They don't care. This isn't about crypto because now it's about the ags enforcing it. But we. No, no, no, no, no. It's none of it. It's all garbage. None of it. They're not worried. They just don't want it to pass. They're going to do anything they can to through the wrench and the spokes when the wheel's turning because they're anti everything. They're not going to give a win. They don't want to win. They're just the most ridiculous humans on the planet.
A
They're doing everything they can. They keep pushing down the road.
B
And humans. Debatable.
A
Jeff, how do you see Cosmos? Cosmos.
B
Cosmos. I didn't see. I haven't paid attention to Cosmos in some time, to be honest. I'm not gonna lie. I just haven't.
A
I don't know what's going on.
B
I pay attention mostly. AI consumes 99.7 of my life. Speaking of AI, coin market cap said the latest XRP ledger agenda transactions have passed 1 million with Ripple X's head of engineering predicted to reach a hundred million within the next few years. I think probably Sooner than a T54AI says the genetic economy on the XRP ledger is on the rise. Over 1.4 million agentic transactions already settled through T54X402 facilitator. That's amazing. And then this is cool. And you can track it all right here. Jeff, look at this.
A
Love it.
B
Beautiful. I'd like it if it Wasn't black because black backgrounds don't work. I see black and I, you know what I do? I immediately do this. I delete it. That is so much work for me to like stare at that and figure out what's going on on that page. I just can't do it anymore.
A
It's too think that everybody sees the same grayscale and people don't see the same grayscale. Whereas on a white background, everything is crystal clear. Put black print on a white background, it all is clear. You put white print on a black background, some people see grayscale perfectly. Others, it's going to be blurry.
B
I see grayscale. But when, especially when the contrast is very like slight between the actual graph and the actual dark color. Like, I have to really focus and I don't. I just want to be able to read it because if it was really
A
successful, you could barely see it.
B
Let's, let's get those same people that do this. Let's make them read everything. Like books. Buy a book from on Amazon. It'll have black pages with white type. Go ahead, I'll torture you. These are the same people that shoot vertical videos and make us stare at them. You're like, what's on the other two sides? I don't know.
A
Oh, no. I'm only gonna look into what's here in the middle.
B
Horrible, man.
A
But it fits the phone perfectly.
B
You know what, you don't have to go. I turn the phone like this and then I watch it full screen. I see everything 100%. These dopes. You would laugh, Jeff. There's a lot of people that says, you know you can turn the phone horizontally.
A
I can. There's.
B
You'd be shocked how many people don't know that. I didn't know. And then how many times you watch somebody, you ever seen anybody at a concert and they're shooting the video, they're jumping around, the video's moving all around like, dude, you're never gonna. No one's gonn that again.
A
Never. But the other thing is, you know, people are still living through their, their phone screen. You know, it's like if you're at a concert, I get it, you want to get a little clip so you remember, you know, get that 10 second clip you like. Oh. Kind of memories. You'll remember back. But people sit there the whole time, whatever the event is, watching the event through their screen. Like, at what point do you step into the present and experience and enjoy what's happening in your present tense?
B
No, they don't. They don't do that, man. I shot the last concert. Well, one of the concerts I went to was right up front was Afghan Wigs, which is my favorite groups of all time bands. And the video I shot in that, it's legendary, man. It's so freaking amazingly good. And people are like, wait, you. That was you shooting that? I'm like, yeah, you think I'm some douchebag holding a vertical like this, jumping around? No, man, I'm cementing this thing for all time. Here we go. Check this out. J. IO says from Ripple. He is the official. What is this? Head of engineering over there? That's what they were talking about. Before he goes. You know, when I think where agentic payments are today, it kind of reminds me of the early days of cloud infrastructure. The potential was pretty obvious, but the tooling and standards were still coming together. Kind of feels similar today. As AI agents become more capable, they'll need payment infrastructure that's just as seamless as the way they're already exchanging data. And that's exactly the kind of infrastructure the XRP ledger was built to provide. Crossing 1 million agentic transactions on the XRPL is an exciting milestone, but I believe we're still in the early stages of. What's early stages? 100 agree with that. It's just.
A
But he's talking about earlier. It just started. Literally just started talking about short period of time.
B
Right? Yeah, it just started. Is about the. And here is. This is an episode of the Meridian clipped here. This is everyone. Evernote Board Member Season Growth Ted Investor Ted Janis has a hot take on what really constitutes edge in a dynamic market. Here we go. Ted Janis with the Sheesh. Perla.
A
What I think is really important for a growth investor, a growth investor, which is what I do, both public and private markets, is you have to have this combination of a real bias action. You have to get stuff done and Chris or you. You'll be texting at 6 in the morning or 10 o' clock at night on a Friday night or something. There's a sense that you really, you have to win and your bias action is really important. But the other side of that is extreme patience. You need both bias to action and extreme patience. And most people don't have those two traits. I would argue the best growth investors have that and the best entrepreneurs have that because it can take years for this to manifest.
B
And here we are on a podcast
A
Talking about ripple 14 years ago, and obviously Evernorth was part of the growing ecosystem and we're still talking about this 14 years later. That's extreme patience. Boom.
B
That guy's sharp.
A
And I like what's going on with Evernor.
B
He is sharp as hell. Very sharp.
C
Yeah.
A
I just want a quick point out here. Sam with ammo brings up a really solid point. This is regarding the Clarity Act. Anything like that. He says, I emailed my senators. One is running for governor, which make sure you reach out email, email, email, email your congressional representatives, email your senators, email your state representatives. Whoever you can email, make sure you get them. You know, staying in direct contact. You can have massive impact with them. And then Leroy says, kyp, I like that. You have kyc, right? Know your customer, Kyp. Know your politician. I think that's important.
B
That's good. Know your politician, Chef. This is the vote earlier today about banning Congress from trading stocks that passed in the House. And then on this vote, The A's
A
are 232, the nays are 198.
B
The bill is. Imagine 198 voting against it.
A
It's 90. Well, you know, one of the one 98.
B
Well, there's one independent. Is there an independent in Congress? I was not even aware. There's an independent, but one of them voted. Whoever the independent is ought to just trade because they're definitely not a Democrat. But you had Democrats 198 that were against it, right? Yeah, the Republicans were 218. You have 13 Democrats that did join. I'm sure Fetterman is probably one of them. But it's shocking to me that it was all Republicans voting in favor of banning this trading, but almostly all Democrats. Why are we. Why are we. Why are we still surprised by this, Jeff? Should we be surprised? I don't think we should be surprised at all.
A
Not surprised.
B
It's not surprising. It's exactly how it works. It's just like this. Par for the course. All right, well, we. We hit our. We hit our halfway mark here, Jeff.
A
You know what that means if you ever. I've never had a pasty all the time. When I lived in Michigan, there was a pasty place.
B
I never had a piece.
A
Another Michigan pasties and Clawson never walked in. Never had one. Don't even know what it is. I think it has something to do with dough or maybe it's a sauce. Not sure exactly what a pasty is. Do you have any idea what it is?
B
I have no clue what a pasty is. Pasty. A pasty. He says it's a pasty.
A
What do you. How do you read this
B
I'm as interested in pasty, but I'm not interested in a pasty.
A
Tasty cakes. What now?
B
You gotta enlighten us, man. Give us something we can use here. This is.
A
None of this is good voter ID language. Apparently it was all the rage. I don't.
B
Yeah, apparently there was voter. This is why you need to get rid of most of these knuckleheads in the Senate. The Senate's always been a pile of crap and you always have a. When it's the Republicans control, they always put a rhino in charge and just screws the pooch. Every single time.
A
Every single time. It's.
B
God, it's just. It's tiring, Jeff. It's very tiring. Tiring. This is. I thought this was.
C
This is.
B
This is classic Trump right here. He had the president of Lebanon, Joseph Own, and. And he, he into the White House and this was just what he said. Listen to this president.
A
It's an honor having you.
B
Thank you very much. No, thank you.
A
Thank you.
B
I've been looking forward to this visit
A
for a long time. Thank you very much.
B
Meeting such a great president like yourself,
A
that's a very nice thing. See, he knows how to get to me.
B
He can have anything now. He can have anything. He knows how to talk to Trump. Greatest president ever. Yeah, you can whatever what you want. You just cue it up. You can get it. Yeah, you gotta love it. He's got a great sense of humor, Jeff. That's one thing you know he's counting is the great sense of humor. Now here's Trump. What's that?
A
I was making changes in Lebanon. A lot of changes to be made.
B
The Expert is a bar back of the Doll House in Tampa. Doll House in Fort Lauderdale.
A
Those pasties are different than the pasties that these guys.
B
Those are different pasties. Yeah, those are the. Those are two girls wear up. Yeah. That was a different pasty. Those ones. What was that one? It was the Motley Crue song. The Doll House in Fort Lauderdale. That's what I was like. But anyway, this is Trump talking about the Save America. Hang on.
A
Let's pass the Save America act to defend American election.
B
His middle finger there. You see that, Jeff? See that middle finger?
A
Yeah.
B
I think he's sending a message to Congress there.
A
Thanks. And I have to say, Mike Johnson and Congress have done a great job.
B
Yeah.
A
But we're having a hard time in this Senate. The Senate. What they're doing is just.
B
It's just not right. Criminal.
A
Congress is going to pass it again. They passed it three Times they're going to pass it again. It's like the Senate is a place that you send things when you want them to die.
B
Absolutely.
A
We can't do this and we're not going to take this any longer.
B
We're not going to take.
A
You know, I'm trying to be nice. Trying to be really nice. You saw we had a big victory last night in Arizona. I've had victories everywhere. But we're not going to. We're not going to be able to take it much longer when they can't get past voter id, proof of citizenship, no mail in ballots because they're crooked as hell.
B
Jeff, you want to pull that year of L up there? Dobers. Pasties.
A
I'm trying to. Hey, one of me copy. It's a lot of work. Hang on.
B
Two Bs and an S at the ends. Plural.
A
Is there an S at the end of dober? So it's dobers.
B
Pasties. Pasties. They say. I don't know what the hell.
A
They do that a lot in Michigan. It couldn't just be Dover pasties. It's always Dobers like Walmarts or Targets or. I've got you Dopers. Pasties. Good old fashioned. Oh, that's a pace. I still never had one.
B
Can you put it up there? Jeff,
A
I'm sure you're in there.
B
See what this looks like. I have. I'm anxious to see what this is. I don't know what this is. Is it like a meat pie or something?
A
Come down. Oh, we have to take yours down first.
B
Yeah, there you go. Oh, that's, that's, that's a. That's a pasty.
A
I don't know. What is it?
B
I don't see it. Is it? I don't see it. Where are they?
A
There was just one there a minute ago. Let's see. Pasty history.
B
Welcome to 197 website. Geez. Oh my God.
A
The house. Oh, the history of the paste tea pasty. Okay, I don't know. Here we go. Pasties. Pasties.
B
I don't even know what the hell they look like. What's in them? Is it meat in there?
A
Chicken, Beef.
B
Looks like an empanada.
A
Ham and cheese. Oh, that's what it looks like. You're right.
B
That's what we have down here in the south. We don't call it is made in Michigan.
A
It's probably better.
B
No, I doubt it. No way better than empanadas. No way. No way.
A
No. Joe's tasty story was definitely way better.
B
It definitely was way better. Informed. It is. Pasty, pasty. And you know what?
A
Informed.
B
I'm not trading out my empanadas. And I rank them in this order, Jeff. Chilean, Argentinian, Colombians. Last Colombian's fried. But the number four lands have Chileans. Have an olive in them, but season a little bit better. They're thicker. They're a little bit meatier and bigger. Argentinian ones and the Colombian ones. There you go.
A
Go to the UK and you can get a steak pie. Oh, my God, that's the best.
B
You lost me at rutabaga.
A
Anyway, is that like, rhubarb?
B
Yeah, rutabag is like. It's a. It's a vegetable.
A
Is it a. Is it a root vegetable?
B
Here's Trump again. Let's see this.
A
Well, thank you very much, everybody. It's a special place, and I am here to announce my candidacy. I'm only kidding.
B
I'm only. Gotta love the liberal. Heads were rolling. I'm here to announce my, like.
C
Oh, no.
B
More orange man. Bad. We can't do it. No way. The guy's got a great sense of humor. I love him.
A
Nachitoches meat pies rule. All right, now we're getting out.
B
That's probably a better. I hope they have a site that's from, like, at least early 2000s. God, that last one was a killer, man.
A
That's got to be from Celebration.
B
Oh, the last one is just horrible, man.
A
See?
B
And then, of course, John Deaton posted this. This is Ed Markey's ad. Okay? Ed Markey, who's been a senator for 50 years. And some of you here are going, I've never heard of Ed Markey. Well, don't worry. He's a senator from Maine. He's opposite of the fake Indian, Pocahontas, Senator Warren. But Ed Markey has been a Senator for over 50 years, and no one knows who he is because he's done nothing for 50 years. Anyway, this is his campaign ad. Now, Jeff, let's just break this down. Who do you think the very first person is that's going to be talking and endorsing him? An avowed socialist. Here's me. Hockey is not now and never has been for sale. He's always been for sale. He's been for sale for the banks for 50 years. What are you talking about, dude? So there's number one, okay?
A
Who.
B
What other endorsement you think is coming here? If you had a guess, what's that? What other endorsement do you think is coming here? We got.
A
It's gonna get aot. He's gonna get. He gets. What's his name? Won't say his name. Then you're gonna get AOC and then you're gonna get the rest of the squad, and then you'll get Mom, Dummy.
B
Let's. Well, let's see if your prediction is on point here. Let's see what the next one.
A
Bosses, billionaires.
B
No, that's him right there. He looks like death warmed over.
A
What? Tells me where to stand.
C
When it comes to big banks and corporations, Driving.
B
When it comes to big banking, Corporation, you are owned. You damn fake Indian. Should have resigned. She faked her whole career and pretended she was Native American because her mama and her paw paw had high cheekbones. This is the biggest fraud. Elizabeth Warren, this is your endorsement. Give me the break. When it comes to big banks and corporations, then you know that me and Markey both sold out. Let's see if she says that.
C
Driving up.
A
Ed Markey doesn't back down when the rules aren't right.
B
Working.
C
You.
B
You, Jeff. Calling out the squad members. Oh, my God.
C
We changed them. To protect the vulnerable, fight for Medicare for all, and abolish ICE On a
B
normal day, you don't want any of these people talking on your behalf, okay? It's like the. The. It's like the kiss of death here. That's Ed.
A
I've been standing up to the bosses
B
for a long time. Both. I was stub off the bosses for a long time. Look at this guy. You want to talk about death warmed over? Holy cats, Ed.
A
I've been standing up to the bosses for a long time, so I know
B
no one gives it to you. We have to fight for it.
A
I'm Ed Markey.
B
I approve this message.
A
Wow. He didn't bring AOC into the picture.
B
Well, that's because she probably wasn't available, but I thought that was a good guess. But you did get pressed. You get that, right?
A
Yes, I got one.
B
Anyway, John Dean posted this, and he said in this ad, senator Marky says both of them billionaires have never told him what to do. No, Sherlock. Because you've never had a real boss. Freaking John. He's great. Dean calling him out. You've never had a boss. You've never. His only job has been in Congress. That's his job for 50 years. He's never had a job.
A
Name? Ed Markey.
B
Ed Markey.
A
Yeah.
B
Dope. Complete dope. Ed Markey. What a dope history. What a complete and absolute bow. Now we got to transition to third flip.
A
20 terms. 20 terms? 20? That's insane. U S House of U. S. Representative, Massachusetts, 7th Congressional District from 1976 to 2013. 1976.
B
50 years when the country turned 200 years old. That's when Marky came into power. How crazy is that, dude? How crazy is that? Oh, my good lord. That is insanity for you.
A
Can't believe he's been around this long, right? That's pretty.
B
Yeah, it's just. Let's see what else we have here.
A
He's in the Army.
B
He was in the Army. Okay. Well, he came out of the army,
A
served from 68 to 73.
B
So that's it. That says he. And he went right into politics.
A
Went to. Went to Boston College, got his. His J.D. yeah.
B
So he never practiced though.
A
No, doesn't look that way. He's been in office. He. Member of the House of Representatives 73 to 76. And then 76.
B
She's handsome.
A
To 2013. He changed districts here.
B
That's not true, Joe. He does support Trump, but he does. There's things. He doesn't support Trump, but he has supported him plenty. If you follow him on X, he does support Trump, but he doesn't support him on everything. And that's better than Markey Schumer farted. Deaton is a Dover. He's not. He's not a Democrat. He's for. Every Democrat is for open borders. Deaton is not for open borders. He was also for banning Congress. That's not. You can see the Democrats are not for that. We just showed that stats and. No, no, he's got plenty of conservative positions. Is he 100 down the. I wouldn't call him a rhino. I would call him principal. Then I would also call him. The guy's gonna fight for the right things that we care about. He's also pro crypto, which is not a Democratic position either. So. So there you. There you have it. Maga. That's also another point that MAGA can't win in Massachusetts. And it is good that he's not going to go along and everything, but if you follow him on X, you'll see that he supports a lot of what Trump does and says. Doesn't have to support everything. I don't support anything. I think Trump could make a very big mistake when it comes to AI. He could be taking a big giant misstep. Let's see what happens. Thank God David Sacks is part of the crypto czar and had talked some sense. Here's Alec Harp. This is the CEO of Palantir. Listen to this. Talking about Mondami voters. The average. You Know, Ivy League grad voting for this mayor is highly annoyed that their education is not that valuable. And the person down the street who knows how to drill for oil and
A
gas, who's moved to Texas, has a more valuable profession.
B
And I think that annoys the fuck out of these people. This guy's great because he doesn't. He just says what he. What he. Yeah, here's. Here's Scott Besant, an absolute rock star.
A
She wouldn't take on Pete Buttigieg because he was gay, because she said it
B
was a risk to have a running
A
mate who was a gay man. Your reaction? Three. Three things, Maria.
B
First, it shows her emphasis on identity politics. And the American people have two, it
A
shows how low regard she holds the
B
American people that they, you know, she was just a terrible candidate. And three, you wouldn't pick Pete Buttigieg because he might have been the worst Transportation secretary in history. Like, if I thought I was left a mess at Treasury, I can tell you your friend, my friend, Sean Duppy, our great Transportation Secretary, Pete Buttigieg, left him a message.
A
Mess. The FAA is a disaster.
B
The Amtrak, you know, anything to do with transportation was woefully neglected over the past four years. So, you know, she judges him on his identity, his sexuality. Let's look and see whether he did a good job.
C
Let's.
A
Let's look on merit.
B
And I can tell you, on merit, he's a failure. And on merit, she's a failure. She would, by the way, is a gay man. Okay, so there you go. So they're not going to. Trump had no problem hiring him and putting him in the position. Here he is. Here we go again. The government can solve every problem, redistribute every dollar. Talking about Mom, Donnie again.
A
And supplant its judgment for our own.
B
Our children are taught to romanticize an
A
ideology, ideology that results in ruin wherever it is tested.
B
To critique capitalism for every one of
A
its flaws and to forgive socialism for
B
every one of its constant failures. In New York, the current mayor rose
A
to power by repackaging failed ideals of the past as a moral cause of the future. But in Georgia, you know that beneath that youthful veneer lies the oldest impulse
B
in politics, which is to concentrate power
A
and then call it compassion. Show me someplace where this has ever worked. Moscow, Caracas, Havana.
B
These workers, paradise, paradises have all ended up as deprivation, hellscapes. So at their core, Trump accounts represent
A
the triumph of capitalism over socialism.
B
And now our answer to the next. Yeah, well said.
A
And thank God, thank God these people are coming out. You Know, from the administration coming out against Mumdami. You know, we need more New Yorkers to come out and speak out against Mum Damiet. Really, we need more governors and mayors and, you know, across the country to come out and say, you know, from a, even a mayoral perspective, this guy is in complete overreach. He's a zealot, he's an ideologue, and he's supporting an ideology that, like Besson was saying, has destroyed countless cultures across the globe. And he's bringing it to New York City and he's shoving in everybody's face and it's disgusting, it's demoralizing. And for them, they're counting this up and chalking up as a victory as they pray in the streets and they shove it in everyone's faces in New York, the fallout. New York is going to be phenomenal. You know, we talk about it every show, people. And money, the money drain is coming out. It's like you could see the drain spinning and soon you're going to hear a sucking sound in New York as the last drops of their financial successes in the past leave. You know, the fact that he singled out all these immigrant groups, the fact that he went into prisons to watch soccer matches and any. Ignored. The Italian community in New York, ignored. The Irish community in New York, ignored. You know, and it just systematically trying to dismantle everything that built New York into what it is today. And he's doing it with a purpose. And it's, it's really, you know, if you go around the globe, then you see how systematically Islamists took down Christian cultures throughout the world, throughout Europe, throughout the Middle east. And you also see how socialist communists took over. And again, you know, I'll keep referencing Venezuela, but people need to go back and study the, the short history span of the Venezuelan collapse. You have to watch it. You have to read it. They won't. And it, it was so fast, you know, and Obama, Obama, Obama had an opportunity to intercede and step in when the election was stolen. He chose not to. Before that, obviously, Chavez had been in office, you know, but in. It took one decade. You know, it took 10 years for a complete collapse of, of Venezuela. I know lots of people that fled Venezuela, they were prominent. They were business owners, there were medical professionals, and it was dangerous for them there. I had a friend over there that I would do business with or the business was flourishing. We were on, on a point where there's going to be so much to do in Venezuela. And it was like a switch. All of A sudden the switch shut off. The government controlled all the money flow. They controlled what you spent your money on, they controlled what you spent your money on outside. You had to prove to them that it was beneficial. But during this whole period of time, they were implementing elements, or they were implementing policies within the big cities which were systemically or systematically supporting the criminal elements while punitively attacking law abiding citizens. And one of the things that they did was take away the right to bear arms. Now they did it in a genius way. They made it illegal at first. They increased taxation on ammunition, then they limited the ammunition that you could buy. Then they kept ratcheting it up around ammunition. Then it became illegal to take your gun out of your house. And so it changed the dynamics of what happened in Venezuela. And yet these dummies are following people like a mum dami who smiles. And you could see the deception and you could see the hate. You can see the disdain in his eyes. He hates America with a passion. You can see it. He's there for conquest and that's it. And he's part of an Islamist cult that is there to purposely undermine the Judeo Christian belief system that's the same one that has dismantled the societies throughout the Middle East. If you look at Lebanon and Syria and you know, in Egypt and in Iran and all over the place, how they, you know, and it's crazy to me, you know, it. There has to be more people that are going to speak out against it. Hopefully, you know, the New Yorkers wake up and they get rid of this guy, you know, in a year and then nobody hears from him again in, in the United States.
B
Now look at this. So I don't, you know, Joe, buddy, Joe. Joe said he's entitled to his own opinion. Everybody is, man. I mean that's what, that's what the great thing about being here. You can have your own opinion count or whatever, but let me just mini workshop this for you, okay? When Deaton ran against the fake Indian Pocahontas Elizabeth Warren, he captured 40 of the vote on a shoestring budget, zero support, all his money in money raised by the crypto community, okay? And he captured 40 of the vote. Now let's suppose the other 11 was in your camp, Joe, that you'd rather Deaton run as a centrist Democrat because you'd have more respect for him. Well, he can't because he. That wouldn't work using the MAGA movement. Don't fly with me. Well, here's what would have flown with you. Imagine Deaton in war and out. Nobody beating the war drum, nobody doing the tribal chance this clarity passes back in March. Let's suppose election wasn't stolen yet. You don't have two senators from Georgia that are Democrats, you have two Republicans. Guess what? Clarity passes so you can say what you want, what you wish he would be. I disagree with you a hundred percent because I know John personally, Jeff and I have had personal conversations with them. We've hung out with him, we've advised him he's gonna piece his own man, but he always does what he thinks is best. He follows enough of the position that I think would be right for this country that he's gonna disagree on some of them. He is pro choice and that's a little bit different. But he's not a typical politician. He does, he brought himself, I mean if you look, if you read his book and you know what he went through, he's, he's a guy that became very successful. Went to bed hungry at night. Look, the guy earned my respect on who he is and what he's accomplished. And when a guy throws in and back 75000 people for free and puts his, his reputation on the line to go and win a lawsuit, that's the respect that he earned for me. Do I agree with all his positions? No. Do we battle? Sometimes you can see our battles on, on, on X. Would I rather have him in Congress as a Republican? 110%. I've said my, I've said what I need to say, Jeff. Go ahead. I had a, I had to address it. And I'm not putting you down Joe, or anything, but I'm just saying things would be a lot different if Deaton was in there instead of Warren who's a loud mouth bullshitter who's full of, has never accomplished a damn thing in her life except for lying about blind about who she is and getting a 400000 job, showing up for a couple credit hours in a university and now she's worth multi million dollars and she's owned by the banks. No, sorry man, that don't fly with me.
A
However, you know, going into it, Deaton, he ran his campaign, he made his decisions. I can't say I walked in his shoes. To live what he had to live through in Massachusetts to run as a senator against Elizabeth Warren. Our, you know, direct advice. And back then we had talked about it. He should have embraced Trump at that point. He should have come out and been more audible about it. He should have embraced MAGA a little bit more he would have gotten a lot of money coming from Trump support and from the, and from the movement to run against Elizabeth Warren. But he chose, at that point, he actually went the opposite way, and he didn't support Trump. And I think that, I'm not saying that is what cost him the election against Elizabeth Warren, but he didn't raise the funds that he would have raised had he not taken the stance that he did. Now, he took the stance that he did specifically because he thought he was in Massachusetts. He had an opportunity during that period where there was massive momentum, you know, and, and that could have been his moment to say, yes, I'm going to support Trump on my own person. You don't have to always agree or disagree. He's the one running for president. I'm running as a Republican. I support our candidate. You know, he could have easily said that, and he would have got massive amounts of support. Now, again, he's in Massachusetts. Massively, massively difficult over there. I'm definitely not gonna. I'm not the one running. None of us are the one running. I can tell you that. It takes a brave person. We have people running in local elections right now that are taking massive amounts of heat, and they're running for city council and town council. And I see the shenanigans that's coming from the other side, and it could be very destructive to someone's psyche, but it could be destructive to their personal life based on the personal attacks and people have them followed and things that are happening. And this is on a local pol. Politic level. I can't even imagine what John Deon was going through, knowing that the other side has a war chest and they also will hire people to follow you around. And I've seen that part firsthand as well with congressional representatives where there's somebody there assigned to them, even in small functions. I can remember I was in an event with Alan west. There were maybe 15 people in this room. We're in a conference room, and there was one guy there. And Alan said, I know who you are, you know, and he said, you follow me everywhere. And that this guy was a follower. And that was his only, his only job was to be there if something was said, you know, and, and it was bizarre, you know, to see that. But all these candidates, and I'm sure, you know, Deaton took a lot of heat from the other side, and there's, you know, crazy things that happen. There's a. Somebody here that I know, his wife, a number of years ago was running as a for Judge, she got an ethics violation thrown at her fraudulently. Ethics violation. And stuff like that happens all the time. So until we actually walk in the shoes of someone running for a political office and the decisions they have to make to make that determination, it's, it's a hard route. It's a hard road.
B
Radical devs box him out like you want the road. I showed you all those positions. I mean, Fetterman look more, more. Looks more and more like a Republican. He's not changing his party, but he speaks out against these radicals and the, and, and, and what's going on with the socialists and stuff. So this is 100 on you can stand by. You can stand by. Yeah, he had a shitty life. Would he have written the book if he wasn't for office? I think the book did not help his candidacy if you did. If you watch the debates with Warren, she brought up stuff in that book that probably most people wouldn't want mentioned. So I think that's a loss. So I vehemently disagree with you there. If he was running for office, he, I don't think he would have written the book because if he had written the book, that, that didn't help him at times and a lot. And that was constantly. It's constantly still used against him for things he did, things he said and the way he acted. So I don't necessarily think that was a, a good thing. But you can stand by your opinion. And we have Elizabeth Warren and she's a total. And you can own that because you were one of those 11% people that said, oh, don't I want to vote for. I know no one hates more. I knows more than me, man. Jeff and I are rhino killers. No one likes John Thune. They're all Rhinos. I'm not a, I'm not a registered Republican because most of them are feckless losers Republicans. That's how I feel about it. I don't like most of them. How do you think about that? But I'm a conservative. There's no conservative party that I can register for. There's the Republican Party, which I feel like you're swearing at me. And there's a Democrat Party, which I feel like you're throwing spears at me. So I don't want to be part of either one of those Yahoo groups, but I will side with Republicans 99.9 of the time, unless the Rhinos. That's how it works. So we, that's how we got here. So let's check. Let's see what's going on here, first century own party approval rating about at
A
this point a second term.
B
We got Trump, we got Obama, we got Bush. Look, they're all fairly popular, but the
A
one one who is the most popular, and we have seen this time in
B
and time out, no matter when you
A
look, is Donald Trump. He's the only one who's over 80%,
B
83% of Republicans still approve of the job that Donald Trump is doing as president.
A
He still has that magic touch. We'll see if it carries over to South Carolina. But we've seen it in primaries this year, Senate primaries, and that is because he is still a very popular man, historically popular when it comes to his own party liking and approving of the
B
job that from the midterms. And today we reveal our first edition of the FOX NEWS power rankings for 2026. And here we go. Starting with the Senate, here's what you need to think about. Four in the middle, right? Okay, four toss ups here in yellow we think 48 Democrat, 48 Republican tend to be somewhat solid. But there's a little bit of fuzzy math on the map that we'll reveal
A
in a moment here.
B
But really the toss ups are our focus for the moment here. A Democratic good night today would bring in the 52 senators. A Republican good night would bring them to 52. And right now they hold that majority at 53. On the map behind me you see four states in yellow. Now the four states are all toss ups. One's Alaska, by the way. That's ranked choice voting. It could go a week out in Alaska if we're really that tight come November. Iowa, we have a toss up state of Ohio and the state of Maine down here in Texas. See that light shade of red, almost sort of a pinkish. That is in a lean Republican category as of today. Which takes us to what we consider lean and what we consider lean for Democrats and Republicans. And here's what we got. Alaska, toss up Iowa, Maine, Ohio mentioned that. Texas here in the light pink lean Democrat at the moment, Georgia, Michigan. And Michigan is going to get a lot of attention. You don't have a primary now until August 4th. And the winner of that is going to attract all kinds of attention.
A
Michigan, the deck stacked in Michigan too.
B
Significant in the Democrat.
A
You should see the YouTube algorithms in
B
Michigan, lean Democrat in New Hampshire and also in the state of. That's how we see it on the Senate side as of today. Let's bring in. I hope they enjoy the talk to him about how he sees the forecast. Now, Carl, one thing you don't want to hear from is Karl Rove. That's like the last person on the earth you want to hear anything from. And here's John Leguizamo talking about socialism as he, you know, the guy's a multimillionaire, lives in a $10 million plus house. But this is, this is him on.
A
Programs are important, like the post office, like the police department, like the fire
B
department, like your Social Security. This is one of the toughest people. He starts with stupid arguments. Two morons staring at him. Look at this.
A
Security, like public education.
B
These are socialist. This guy doesn't even sound like you put a sentence together. God, how did he get to be so famous? Jesus programs.
A
It's not, you know, I'm a democrat, socialist democrat. So yeah, he's coming out as a socialist democrat. Why don't these assets just give up their money? There's nothing stopping them. Give it all back. Give every last dime. Move out of your house. Give it. Give it up for the public good. These guys are. They're just self right.
B
This guy's a democrat socialist. I mean there's. Honestly, there's just no way that watches
A
that he's wearing kind of watches it also too.
B
How would he have been able to pocket the money that he's pocketed? Because, you know, socialism basically takes from everybody and equals out. So nobody has anything except if you're the. The top 2 or 3%. That's. That's the only time you're going to get something worthy of going. What's. What's funny is they. There's a meme going around. I couldn't find it, but it says the best place to try socialism is in the actors union. Take it away from all the people that made money and give it to everybody equally. So everybody works and everybody gets paid equally. That's what a socialist is. So is he really a socialist? He's full of shit.
A
Yeah. Yeah.
B
First time I hear that from you.
A
Yeah.
B
Is that a change?
A
I mean, I've always been.
B
I've always.
A
You'll be voting for Democrats, I'm guessing.
B
I've always voted for Democrats.
A
Yeah, my whole life.
B
But you know, I've always had socialist leanings. You know, I've always felt like it
A
was important that everybody have access to the same things. I felt like education.
B
He doesn't understand what socialism is. Access to the same things. It's not access to the same things. It's access to your things. That's what it is, son. You give up your $100 million and you've been stuck, thrown away like a squirrel before winter time. And that becomes everybody else's. And you get the same, so you get the same as everybody else. It's been doled out.
A
These people have no idea. They're uneducated. It shouldn't be a privilege, it's a right. Medicine is a not a privilege, it's a right. Now you're openly a socialist.
B
Yeah, I'm a democratic social.
A
These guys think these words are cool, these made up words. They just come up with stuff.
B
There's this. Well, here's Bill Maher. Bill Maher was asked a very important question. Let's Bill Mars.
A
Exactly. You told J.D.
B
vance you're open, your, your vote is up for grabs. Yes, my vote is in place because it can't be Trump running. So I'm not living in communist America. I mean, I know that the talking point is that, well, it's not communism, it's socialism. Okay, I've read the quotes from the DSA platform from their own mouths. Don't tell me I'm not seeing what I am seeing. And DSA again, they, they say things like, you know, takeover of key industries, government. That's communism.
A
That's right.
B
They cut out the most important part. That's communism.
A
That's.
B
Thank God for someone like Bill Maher who he's always entertaining to watch. I've loved him for years because he, he makes fun of Republicans in a way that only he can. That's actually funny. Most of these other people don't do a good job at it. Bill Maher has been fantastic, but lately he's. And then you have people that are like the Democrats that are like, they're again to dsa. You guys created the dsa. This is what your party's been about. When it went extreme, you're like, oh no, we gotta, we gotta call it here. I mean, Jeff, we're acting like there's something special going on. But I wanted to put this subject because this is something very important. Patrick Witt, he says, and again, this is what just passed. He's the executive director, president's council. I got to see him in person. I was like two seats back from him when he spoke at Ripple swell. Very bright guy. He actually looks like he'd be one of the Trump brothers. He says. For those wondering, here's a comprehensive list of all u. S. Presidents in our nation's 250 year history who have agreed to an ethics provision restricting their own conduct while in office. You ready for the list? Jeff. Donald J. Trump. That's who has been agreed in a 250 history of the United States that agreed to an ethic provision which limited their own conduct while in office. That's the list. One one J Trump.
A
That's it.
B
And said. Yet Democrats will keep finding new reasons to vote against the crypto bill. It's the anti everything party. Anti crypto, anti innovation, anti growth. About the only thing they ever oppose is raising taxes and the other way and illegal entry. That's it. They're central. They love centralization. They love centralization. You're not going to have anybody. Spencer Pratt. Dude, this. They made this guy way more powerful. I mean, what would have been happened if he became the LA mayor? Well, would have got cleaned up and most people wouldn't have paid attention other than saying, yeah, see what happened when Spencer Pratt got in? He fixed just the homeless thing and he fixed all and have been like, yeah, non story. Oh, but they made him way more powerful because now he's one of the more powerful conservative guys on X. Look at this, the recent one he put together. This is impressive. Jeff, check this out.
A
What is kaput? We recognize these guys. They're every bad guy, bully, sociopath, rich kid lying to get on the rescue boat, the teenage douchebag who chases you down and steals your lunch money, the archetypal bro in every movie with quaffed hair and a sweater tied around his neck, pumping iron and yelling at their girlfriend. Gavin Newsom and Rob Bonta are destroying Hollywood. And now they're trying to cripple two of the greatest film studios of all time over politics. These Sacramento politicians are every movie villain we've ever seen on film. They are everything Paramount isn't. I'm Batman.
B
My name is Jeff.
A
While Paramount and St Thomas of Cruise have spent the last decades building up Hollywood, the Bonta Bros. Have been destroying it. Chasing productions out of town, sending projects to Budapest, neglecting film tax credits and incentives to win back production, doing everything they can to cripple the film industry while Atlanta and Hungary steal our lunch. And now they're suing Paramount to make sure the industry crumbles further. All because Paramount wants to invest 110 billion into Warner Brothers. Now why are they investing in Warner Brothers? Because they're awesome. Warner Brothers has made some of the most iconic films of all time. The Matrix, the Lord of the Rings, the Dark Knight, the Shining, Harry Potter, Blade Runner, Dune, A Clockwork Orange, Lethal Weapon, Batman, the Goonies. Who wouldn't want to invest in them? In fact, Paramount has Been partnering with Warner Brothers for years already. Remember Interstellar? Paramount developed it and it's shared the production and distribution with Warner Brothers. Same with David Fincher's brilliant Zodiac and Benjamin Button, the Watchmen. And I bet you didn't know that Rob Bonte and Gavin Newsom for sure don't know that. For more than a century, Paramount and Warner Brothers have squared off.
B
Just when I think you couldn't possibly be any dumber as fierce competitors, which
A
has fueled powerful projects that have stood the test of time.
B
I'm not a smart man.
A
Who knows what those movies would have been like if not for the competition driving the distributors to produce their best work.
C
He must be the stupidest son of a alive.
A
If these two companies merge right here, theaters will lose their negotiating power. Not the dumbest that ever lived.
B
They'll have to pay more to get
A
the merged company's movies on their screens. They'll have fewer discounts to offer. They'll have fewer new releases to show. No, kings never go full retard. What's next for these clowns in Sacramento? What industry titans are Newsom and Bonta going to block from collaborating next? John Williams and Steven Spielberg? Are they going to sue Tim Burton to block him from working with Danny Elfman? Hey, maybe we shouldn't let the Rock and Kevin Hart work together. No, no, no. That's bad for consumers. They're too powerful. These politicians are a joke. Don't forget when Amazon, a 2.7 trillion dollar tech and field production gonna be snapped, patched up. MGM. Four years ago nobody said a word. Banta didn't care about that merger.
C
Why not? What's different?
A
Is it because Amazon is one of their favorite Silicon Valley tech companies? There are three words that are nearly entirely missing from this complaint.
B
And those three words are Amazon, Netflix, Apple. So how can you define this market
A
for movies and TV without considering those three major competitors? Wide release theatrical films are different than, you know, select release theatrical films or and today junior are released to theaters.
C
And so.
B
And blockbusters are, you know, an animal, a market unto itself.
A
And. But each of the markets as we've defined them is. Creates a limiting.
B
This guy's better than Kamala. Ding dong. It sounds like he's saying something, he's saying nothing. Both of those guys are like what in the actual.
A
A substantial limiting of competition that makes them presumptively illegal.
B
So it's really just the amount of screens that you are putting your movie on.
A
Bonta claims that if Paramount partners up with Warner Brothers, it will reduce production they claim that after Disney acquired Fox their productions decreased notice. They specifically say after they merge. They don't say because they merged because something else happened after the 20002019 merger that may have had an impact on production. Yeah, they merged right before COVID when Gavin Newsom shut down the entire state and follow that with the biggest most prolonged labor strike in Hollywood history ever.
B
Anyway, this is a really long piece. It's a really good one. I can't play it. They really made him something way more powerful than he had have been. But who else is it? Who else do you think is in. Hang on a second.
C
Endorsing Abdul El Said from Senate in Michigan.
B
Well, first of all let's go back to when now let's go back to when she endorsed now she's doing a endorsing a communist Islamist. Okay and the last time she endorsed the the communist Nazi up in Maine and that didn't go so well. But now she's perfectly happy to tell you Jeff that she is now endorsing an Islamist communist dope Endorsing Abdul El
C
Said for senior the Senate in Michigan. Abdul is the only candidate in this
B
race not taking corporate money and he's
C
fighting to get money out of politics altogether.
B
Yeah. Wait a minute. A Democrat's fighting to get money out of politics. Meanwhile Ms. Bank is her middle name. Remember JF RFK Jr threw down with her about the banks and she's lost
A
her dull studied to be a doctor
C
and he's fighting for every single he
B
studied to be a doctor. Jeff. Doctor today. Abdul is the nacho nut bag America to have affordable high quality health care. These people have been bitching about health care for the last 50 years. Their boy put in the health care. The boy put in the health care and it's the worst. It started collapsing years later. You want to trust them with anything. I mean what. How stupid are people?
C
Abdul has been a card carrying union
B
member and he's fighting for work.
A
That's why he's endorsed by the United
B
Auto Workers and he's growing a movement
C
of working people all across Michigan and
B
that's why I'm endorsing Abdul.
C
He is the fighter Michigan needs in the Senate. He's not a fighter's deserve a senator
B
who will fight for you not for
A
special interest winning millions of dollars in
C
TV ads to buy this seat. And make no mistake, Abdul is the only candidate in this race who can
B
build the grassroots movement needed to win in no, there are no grassroots movements anymore. USAID went away and we cut off your Other funding. So what are you gonna do?
A
Money in your pocket to get money out of Pocke out trying to get their money.
B
She's so full of this one, man. She's just a complete. An absolute ass hat. The fake Indian. She's going to tell us. Oh, I'm sorry. I was. I'm. I'm a tenth of a. Tenth of a hundred Indian, so that makes me an Indian. I mean, incredible. Jeff, just absolutely.
A
Voters in Michigan. Voters in Michigan don't need him. They don't want him. You know, it's getting. It's getting outlandish, what's happening in Michigan, but they're surrounded by some really, really bad politicians, you know, right up to the. The governor. You know, the governor's obviously a joke, you know, and the state of Michigan, it's. It's going to end up kind of like New York. You know, it's. It's funny because if you think about, like General Motors, right? General Motors went the path of following the Democrat Party's push to make everything electric. So the CEO of or electricity, what's her name from General Motors, made that decision. That or the president, whatever her title was, that they were going to move everything to EV by 2030. The entire product line. Everything was going to be electric by 2030. You know what they found out? People didn't want them. You know, people want Tesla, go buy Tesla. You want to make a version of your fleet electric, great. There's people that want to buy them across the board. People don't want them. They killed the Cadillac line. They. They killed the entire line. Got rid of all the gas. Guess what's happening in 27 and 28? Oh, they're bringing back the gas cars. You know what they're doing with Buick? They're bringing back a gas sedan. You know what they're doing over at Chevy gmc, They're making sure that they don't get rid of gas and they're adding more gas. So they're bringing gas cars back across the board.
B
Why?
A
Because EV isn't where it's at now. Maybe 20 years from now, everyone's going to want EV across the board. And the lesson there is there she was taking talking points from the Democrat Party, whose big push was to follow what Europe's doing. And then at the end of the day, and they're also trying to figure out, hey, how do we push and compete against what Elon Musk is doing? Nope, that wasn't the initiative. They're making the wrong choices. She's taking the Wrong talking points and the governor of Michigan is on the wrong path. And, you know, it's crazy what we're. What we're witnessing. And there you go. Yeah. High treason, I think, you know, there's enough evidence. And they're talking about it now. It's circulating in the news and the White House and elsewhere. They came out and were talking about that.
B
Jeff. You know, when the World cup ended, there was one part I don't think made tv. This was the interaction with Trump here at the end. Remember, he was congratulating. They're putting the medals on the. On the. On speed Spain players. Probably missed this one here.
A
Ferran, great game. This AC unit is for you.
B
Gracias, Mr. President. He's so cool.
A
Best ACs better than metals. Enjoy the cool. Thank you so much.
B
This is amazing.
A
You're welcome.
B
Let's hear it for the team. Gracias. I mean, I'm still shocked that there's no air conditioning over there. Like they. Like we're living in 2026. They apparently outfitted their houses with heat. And if you know anything about central air, there's just an extra component you add into that if you have forced heating, which I know if you have the old radiators. But the fact that they don't have air conditioners is beyond shocking. It's almost like, oh, we chosen to live like third world countries. Jeff, can you play around the world? We're gonna go around the world. We got two clips right here. We needed to go around the world. Cue it up, Jeff.
A
Around the world. Hang on, here we go.
B
Grab your passport. We're going around the world.
A
US to Middle east to Europe, to China.
B
The headlines are moving.
A
We're connecting the dots.
B
Let's go around. Here we go. We're going to start in the uk. This is Katherine Burb Singh. She's the. She went to the University of Oxford. She's the headmaster at McKella Community School in London, UK. This was a powerful speech.
C
The culture shift comes from what children learn at school and online. Ask any young person what history they learned at school and they'll tell you.
A
Hitler.
C
Ask them what else. Slavery. Ask them what else. American civil rights, in fact, what little they know of history will be all about black and brown people fighting for equality against the white man. Women fighting men for the vote. Gay and trans people fighting for various rights. Our young people have been taught that history is simply one long story about various groups struggling under the oppressive dead white man. Out with Dickens, Shakespeare, Kipling and Wordsworth. We Must decolonize. History is taught through an oppressor lens. The triangular slave trade. White men held the power. What about Britain ending the slave trade? More than a quick mention, if at all. No. What of the Arab slave trade that lasted three times as long as the triangular slave trade? Slave trade? No. Okay, so GCSE history in Britain is often taught as migration through time. So the idea that Britain has always been a land of immigrants is embedded in our children's heads. Most schools would prefer to concentrate learning about the tiny number of black people who existed in Tudor England over a thorough analysis of England's break from Rome. Medieval history becomes her story and is told through the eyes of Eleanor of Aquitaine because after all, she was a woman. Not to mention weeks on King Mansa Musa of Mali because he was a black Muslim. His bearing on British institutions, laws and faith is non existent. And the fact that he is said to have been the richest man in history thanks in part to his massive slave owning society is a detail somehow that teachers rarely ever teach. But it isn't just our schools, it's our general culture too. Take your kids to a museum or an art gallery in any western country and you'll find the same narrative as an example, when learning about aviation in London's Science Museum and the extraordinary feat that is man making, making massive machines move in the sky. A write up on the wall explains that women and black people were historically barred from aviation schools and the military. Similarly, James Watt, the man who invented the steam engine and is considered the founder of the industrial Revolution, has a write up on the wall explaining that his early career involved slave trafficking with a bonus analysis of the whole of the Britain's complicity in the slave trade. They flatten the entire human story and all of its complexities into the narrative of oppressor and oppressed, leaving young people unable to see the world in any other terms.
A
There's one other thing that I want to show you from this woman because she's very on point and this video just builds on that last, last video. It goes right side by side and it's about the mass indoctrination around slavery and what really happened with slavery. This is important, and you should definitely
C
listen to this, is that slavery was not about race. That's important. It was not about race. The only reason we think it's about race is because philosophers like David hume in the 18th century ranked human beings and put Africans at the bottom saying that they had no souls. The Enlightenment imposed the concept of race on a practice that had been going on for. For centuries in order to justify that practice. And why did they have to justify it? And this is the point. Because people in the west began to question slavery's moral validity. The fact is that people of all colors own slaves, both as part of the Atlantic slave trade and outside of it. In the United States and Caribbean. Black people, Black people owned thousands of black slaves, and so did the Native Americans. Nearly 20,000 of the Native Americans, Five Civilized Tribes tribes, sided with the Confederacy during the Civil War, fighting to keep slavery alive. 28% of the black population who were free in New Orleans pledged their support to the Confederacy. All of the 13 Southern states of the Confederacy had substantial numbers of black slave owners. There were more than 250,000 free blacks, and nearly 4,000 of them were slave masters who owned more than 20,000 slaves. The practice of slavery was legal after all. We need to remember that governments did not own slaves. Slave owners did. In fact, the US Government fought a war to end slavery. How much should the Descendants of the 400,000 Union soldiers who lost their lives fighting to free the slaves pay to the descendants of the slaves they freed? It's bizarre to suggest that human beings should inherit the outrage of the deeds of their parents. Should the child of a mass murderer be sent to prison? Prison because of his father's crime?
A
No.
C
In America, in the main, it was the Democrats who owned slaves and the Democrats who in the main passed and enforced Jim Crow laws. It was also the Democrats who founded the Ku Klux Klan. Should the current Democratic Party be held responsible for this? No, we do not inherit the sins of our father.
B
What about the current Democrat Party? It's doing the same. I mean, I don't know. Anyway, that was from the uk. We go over to Germany. I'm gonna have. This is German, Jeff. So we're.
A
People need. People need to be educated. You know, that's the whole thing. And unfortunately, our younger population, they've been going through history and civic classes that leave all of this out. Plus, they don't teach the Constitution, but they leave all the key things out. And she's right. And when you break it down to the simplicity of oppressed and oppressor, and you see in your entire history through that, and then you single out one group as the oppressed without labeling them at any point in history as oppressor. Yeah. I mean, it's kind of crazy, you know, and so it's. It's a false narrative to continuously. Look historically is that same with the same equation, you know, it's. And She, I think she pointed it out pretty succinctly.
B
Yeah. Mark Smithson says England and Spain imported slavery into the territory known as the US My ancestors died to end it. Where are my reparations? Correct. And actually there's been more white people or lighter skinned people throughout the history that have been slaves than black people. That's been documented. The blacks owned more slaves than most whites did. That's a hundred percent. Right on. Also it was Great Britain was one of the first western countries that ended slavery. And like she said there, that, that's never announced. And most people, if you ask them who ended slavery first, would guess the US and they'd be completely wrong. But sometimes history, it gets lost over time. This is, you know, she's, this is the leader of the AfD party. And this is. Unfortunately, it's in Germany. German. So I've got to translate here. But listen, says who need 30,000 civil servants that we're fully paying for. I keep saying because everything is way too expensive. Throw out these people, government people. Throw them out completely. Put them to work in normal jobs. Then they'll know what it's like working for people. And then when we're in government, we will abolish the domestic intelligence agency. There will be no more domestic intelligence agency. You'll need more money. You need more money in your pocket. Why do we pay so many taxes? Why do you pay so much in taxes? We say clearly half of it is enough. 25%. That's great. With family tax allowances. That relieves the burden on the middle class, especially families. That's what a real tax relief program looks like. And the spending side, all these foreign aid projects and above all the entire green ideology, renewable energy. You will abolish, cut it immediately without replacement. You gotta love it, man. She just went off this whole speech.
A
She needs to take a note from Malay if she wants to cut stuff. I love when he was up there, he had us on his board and he's just like, take this one out, take that one out.
B
She's fire, man. She's fiery as hell, man. It is fantastic to watch. And then we're going to end this broadcast with something that happened in an airport. They had one of the fallen come home.
A
You know, our maximum just logged in.
B
Nice. When they, when they, when they take out the coffin, they usually fly them commercial. But this is in North Carolina and it was a solemn event. And you watched the whole airport totally stopped. This is cool. Anyway, you get the idea. But that was cool. These, the whole airport's like at attention. Thank God there's still some, you know, humanity. No, Nina. No Irish need to fly. That's right. Rest in peace. Very sad. Honor all our fallen soldiers. Yeah, well, pharma maximus. Sorry we just got you here. Just got off of work. Hey, it happens. Thank you for joining us anyway. But anyway, you can watch the show back. It's an hour and a half tonight, so there you go. I did an hour and a half. Pretty good you get for Wednesday. I usually do about an hour, hour 10, whatever. But we had a lot of stuff to come cover. That's all I have right there. Wrath of Gone. There you go. Music from R. Thanks, Chad, for letting us know.
A
That was a bagpipe, so I don't know if we're gonna. If they can. I'm sure YouTube will find a way.
B
Yeah, yeah. Something with the show in the fallen. And sure they'll figure out a way to hurt us, demonetize us, punch us in the face. Anyway, so that's. That's all I have. Jeff, you have anything you want to say before we wrap up? I know we won't be doing a show on Saturday. Jeff and I will both be out, so we won't be doing a show on Saturday. We back on Sunday.
A
Oh, right.
B
Yeah.
A
I'm not gonna make it Saturday.
B
Neither will I. Yeah. So, yeah, no show on Saturday, guys. Giving you advanced warning on that. No show on Saturday. We will be back on Sunday. I think we'll be back on Sunday and then we'll be doing that. So sleeping on Saturday. I know you guys get up and support us, but we will not be here Saturday.
A
So Saturday, Saturday, Saturday.
B
The one day Saturday. Okay, man. That's it. Anything else, Jeff?
A
All we got. That's all we got. We'll be back Sunday night, 8:00pm Eastern Standard Time.
B
Beautiful. Well, that's all you got, guys. Great rest of your week. Be back with other bangers and fun content and stuff to talk about, stuff to workshop. You know the drill. We appreciate you guys, as always, coming in here, sharing your stuff. You guys make up the show. You're the show within the show, and you guys make this show great.
A
That's it.
B
Make OTC great again. Just bring it. Just bring in the chat and there we go.
A
What's that make OTC great again?
B
See you guys on the next one. Are you down with otc? Please, like, subscribe and and click the bell to be notified when the next video drops.
Date: July 23, 2026
Hosts: Chip & Jeff
Main Theme:
A deep dive into Ripple’s transformative moves in the blockchain and crypto space, focusing on XRP, university outreach, RLUSD’s adoption, the Clarity Act, XRP Ledger/AI intersections, and the broader regulatory and political context affecting the digital asset sector.
This episode emphasizes how Ripple’s recent activities—spanning university partnerships, new regulatory efforts, AI integrations, and tokenized markets—represent a paradigm shift for both the company and the larger blockchain ecosystem. The hosts, Chip and Jeff, stress the importance of zooming out to see the broader momentum Ripple is building, as opposed to chasing singular headlines. Political and legislative developments are discussed in-depth, particularly the status of the Clarity Act and its implications for the U.S. digital asset industry.
[00:02–03:24]
[07:17–10:16]
[10:19–18:19]
[21:26–25:32]
[26:03–26:46]
[27:43–32:14]
“The Senate is a place that you send things when you want them to die.” – Donald Trump, quoted [32:01]
[38:45–50:26]
[77:08–83:45]
[88:53–end]
The conversation is lively, candid, and occasionally irreverent, with a strong emphasis on independent critique. Chip and Jeff blend deep blockchain expertise with wry political commentary, topical references, and community interaction. They weave together technical breakthroughs and policy debates, making the content accessible but detailed for both crypto veterans and newcomers.
If you haven’t listened:
This episode offers a thorough walkthrough of Ripple’s rising influence across education, regulation, digital asset infrastructure, and AI, set against the backdrop of U.S. legislative and political drama. The hosts break down why Ripple’s initiatives matter to the ecosystem at large—arguing it’s not about single headlines, but a convergence of strategic moves that signal the “rules” are changing for XRPL, regulatory clarity, and the future of digital finance.
End of Summary