In short
Episode Summary: Breaking Points with Krystal and Saagar (11/11/25)
Overview In this episode of Breaking Points, hosts Krystal Ball and Saagar Enjeti discuss significant recent events, including a controversial meeting involving Donald Trump and a former Al Qaeda leader, financial concerns surrounding tech stocks, and the implications of AIPAC influence on U.S. politics.
Key Topics Discussed
- Trump's Meeting with Former Al Qaeda Leader
- Context: Ahmed al-Sharrah, a former Al Qaeda leader, was welcomed at the White House by Donald Trump, marking a dramatic shift in U.S. foreign policy.
- Discussion Points:
- The history of al-Sharrah and his previous designation as a terrorist with a $10 million bounty.
- Trump justifies the meeting, emphasizing the importance of diplomacy and realpolitik, especially regarding pro-Israel stances.
- Krystal and Saagar express disbelief and concern over the normalization of relations with a figure who previously posed a significant threat to U.S. interests.
- Financial Transparency in Tech Stocks
- Michael Burry's Insights:
- Burry highlights potential financial discrepancies among major tech companies, specifically regarding the depreciation of tech assets.
- Discussion on how these practices might inflate company earnings and mislead investors.
- Concern about a potential AI bubble where companies may not deliver on their high growth expectations.
- AIPAC and Political Accountability
- Introduction of the AIPAC Tracker, a tool designed to expose the financial relationships between politicians and AIPAC.
- Interviews with co-founders of Citizens Against AIPAC Corruption:
- The importance of making AIPAC influence a political liability.
- Discussion on the public's reaction to AIPAC's actions and the growing awareness of its impact on U.S. foreign policy.
- Emphasis on the need for transparency in political donations, particularly in light of recent geopolitical events.
Key Takeaways
- Normalization of Relations with Former Enemies: The episode underscores the complexities and moral implications of U.S. foreign policy, particularly regarding former adversaries.
- Financial Practices in Tech: There is a growing skepticism about the financial practices of tech giants and the potential for a market correction as discrepancies are revealed.
- Public Awareness of Political Funding: The introduction of tools like the AIPAC Tracker signifies a shift towards greater public scrutiny of political donations and their consequences on policy-making.
Conclusion The episode presents a critical examination of current political dynamics, the implications of financial practices in the tech industry, and the role of organizations like AIPAC in shaping U.S. foreign policy. Krystal and Saagar advocate for transparency and accountability in both government and business, highlighting the need for a more informed public discourse.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00This is an iHeart Podcast. Guaranteed Human.
0:31Mandy B from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Bowen Yang. And I'm Matt Rogers. During this season of the Two Guys Five Rings podcast, in the lead-up to the Milan Cortina 2026 Winter Olympic Games, we've been joined by some of our friends. Hi, Bowen! Hi, Matt! Hey, Elmo! Hey, Matt! Hey, Bowen! Hi, Cookie! Hi! Now, the Winter Olympic Games are underway and we are in Italy to give you experiences from our hearts to your ears. Listen to Two Guys, Five Rings on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
1:121969, Malcolm and Martin are gone. America is in crisis. And at Morehouse College, the students make their move. These students, including a young Samuel L. Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget. I'm Hans Charles. I'm Menelik Lumumba. Listen to The A Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey guys, Sagar and Crystal here. Independent media just played a truly massive role in this election, and we are so excited about what that means for the future of this show.
1:50This is the only place where you can find honest perspectives from the left and the right that simply does not exist anywhere else. So if that is something that's important to you, please go to breakingpoints.com, become a member today, and you'll get access to our full shows, unedited, ad-free, and all put together for you every morning in your inbox. We need your help to build the future of independent news media, and we hope to see you at breakingpoints.com.
2:15Speaking of sanctions, guess who just scored some more sanction relief? None other than the former al-Qaeda leader, now known as Ahmed al-Sharrah, the current president of Syria, formerly known as his nom de guerre al-Jelani. So he made a historic visit to the White House yesterday, first time ever by a Syrian head of state. So extraordinary. This guy just, I think, less than a year ago was a designated terrorist with a$10 million bounty on his head. Now he's hanging out in the White House, warmly greeted by Trump, playing basketball with former commanders who were previously out trying to kill him.
2:53Let's take a listen to Trump here, D1, getting asked about his past and how he squares that with their now friendly relationship. You can expect some announcements on Syria. We want to see Syria become a country that's very successful. And I think this leader can do it. I really do. I think this leader can do it. And people said he's had a rough past. We've all had rough pasts, but he has had a rough past. And I think, frankly, if you didn't have a rough past, you wouldn't have a chance. He gets along very well with Turkey, with President Erdogan, who's a great leader. Erdogan's a great leader.
3:30So he says people say he's had a rough past. We've all had rough past, Sagar. And then he goes on to say that that, quote-unquote, rough past of being an Al-Qaeda terrorist, that that actually may help him in his leadership. He gets along with Turkey. He says you may need that kind of a rough past to be in this position. I mean, just absolutely insane. And I have to point out that this comes at a time when a lot of people on the right, including Trump, are out there shrieking about Zoran Mamdani's jihadist and he's an ismus and he's going to implement Sharia law in New York City. and you have a literal former terrorist being welcomed into the White House and gaining sanctions relief and scoring new military partnerships, et cetera, et cetera.
4:13That's a good point. I hadn't put that together, but you're absolutely right. I mean, it's just one of the most depressing things for anybody who lived through the war on terror. I mean, I can't imagine, yesterday was the birthday of the United States Marine Corps. Imagine being one of those Marines who served in, what was it, Al-Anbar province in Iraq and you're fighting Al-Qaeda, literally guys like Jelani and his entire crew who blew up your friends and who you had to try, you know, and to be back at bay and you're desperately trying to stop the rise of these jihadists and then to see him come to the United States of America and to put a suit on and everybody is just laying out the red carpet for him.
4:54And let's all remember why. It's because he's pro-Israel. That's the only reason, okay? That's the whole ballgame is because he was pro-Israel. Also, it really does validate a lot of the whole Al-Qaeda is CIA stuff from the 2010s, which I'll be honest, I dismissed. But at this point, I mean, how else can you explain David Petraeus being like, I worry about how you sleep at night, the former CIA director when he did that interview with al-Shara. And now put D2 up here, for example, on the screen like these, you know, meetings that are now happening with our, you know, that's Brian Mast, who literally got blown up by the Taliban meeting as the head of the U.S.
5:31Foreign Affairs Committee with Alshara, like here in Washington, like seeking sanctions relief. And by the way, they actually got it. I think he should have worn his IDF uniform for this photo op. Personally, that would have been more appropriate. It's definitely true, because, again, like that's the whole thing. And look, I'm not above making peace with enemies. In fact, I think it's not really if we don't do it enough, you know, in terms of diplomacy. So this isn't really about him per se. It's more about how bullshit the entire war on terror was. And like that is where they hate us for our freedoms.
6:03We have to eradicate them. And this time around, oh, now it's all realpolitik. It's like Assad bad. Why? Assad hated Al Qaeda. Assad hated ISIS. but he was bad and he was scary and pro-Russia. This guy is pro-Israel. And so you're like, oh, okay, well, as long as - I guess we can do a deal then. Yeah, I guess we can do business, right? That's the part where I'm like, God, this is ridiculous. That's really the important part here is, you know, I support sanctions relief on Syria. I think it's, you know, I think it sucks we had sanctions on them to be, I think our whole policy towards Syria has been abysmal.
6:35It has immiserated the Syrian people. It has destabilized politics across Europe, created this mass migration crisis. I mean, it's been horrible. I've been to Syria. Syria's a beautiful country with an extraordinary culture and extraordinary history. And so it's heartbreaking to watch what has been done to that country with our assistance and our backing. And you're absolutely right that the most conspiracy-brained takes about our involvement in their civil war and why we were involved and who we were backing, yeah, it's hard to deny some of the veracity of some of what was being suggested there.
7:11It certainly looks like they were more right than they were wrong. But the real point here is that next time, and it's already happening, you know, Maduro, oh, he's a drug trafficker and he's a terrorist. He's harboring Hamas and he's Hamas and he's Iran and he's Hezbollah and whatever. Like, they just make this shit up. The terrorist designation is the fakest thing on planet Earth. This man who just got sanctions relief and we're setting up some military situation in Syria with him and we're doing all these deals and, you know, we're besties with him now. A year ago was a designated terrorist with a$10 million bounty on his head.
7:51Terrorist just means somebody who we don't like at this moment. We do deals with all sorts of bad guys around the world. That's the look at our friendship with Saudi. Look at our bestie Netanyahu, who is the biggest terrorist on the entire fucking planet. No doubt about it. And that is our bestie who we back up and support and arm no matter what. So do not like don't be influenced by the things that they say. Think for yourself because they will turn on a dime and go from, oh, you know, he's our biggest enemy to, oh, he had a rough past. Who among us has it in a second? That's the thing to really understand is just how fake and invented all of this is.
8:30And not to say, I mean, Jelani genuinely was like trying to murder Americans. No, like actually, for real. I'm not trying to whitewash this past. I'm just saying who we label as a terrorist versus who can be our best bud, there is no distinction in their level of evil and the atrocities that they're willing to commit. I have no issues with making deals with enemies, with moving on and admitting that wars were failure. In fact, I think we should do a lot more of them. But I also think that there needs to be some come to Jesus honesty and not just pretending that it's all basically a farce. Let's put this video, for example, on the screen.
9:06Can we play D3? This is literally the Al-Qaeda leader playing basketball with top American generals who 10 years ago, these guys were literally trying to kill each other. Now, again, fine. If we all just say, oh, we once fought on the battlefield. We resolved our differences, and it's to the benefit of our country. I think you could make a case for that. I don't agree with that. I don't think living under his leadership or whatever for Syria is supposedly so much better for America. I think it's great for Israel, right, who gets to extend its territory out a little bit more and gets a nice little colony in Damascus.
9:41If we want to be honest about that, like I guess, right? Yeah, this guy is part of the Greater Israel Project. Literally, yeah. That's why we're friends with him now. Exactly. That's the part which is driving me insane. Put the next one up there, D4, just to show you. Again, like this was literally like a year ago. This was his$10 million bounty reward for justice as a member of Al-Qaeda in Syria and who long, long history of fighting U.S. service members. All of this, just what it puts together for me is how fake so much of it was is, oh, we have to, you know, to the bitter end. We have to fund all of this.
10:17We have to make sure, you know, that the moderate rebels, which were Al-Qaeda, which will take over. That's literally what they said. You know, and I believed it. I'm serious. I really did. I was like, look, you know, he's a bad guy. I really believe. I was at Assad. He's a bad guy. Dropped barrel bombs on children. You know, so awful. We should do something. But look how it ended up. You know, it's like it becomes just like some pro-Israel colony in Syria. Well, yeah. And there's tons of like retribution killings of minorities that are going on right now against the Alawites, against Christians, against the Druze that are happening right now.
10:53Now, what Al Jelani says is like, oh, well, you know, I don't really have control over. This is his outlet, his outfit, HGS. Like, they're the ones who are committing these atrocities and retribution killings against minorities within Syria, which has a diverse population with a lot of different backgrounds. He claims that he just can't control them. I think a lot of people are very skeptical of that. But, I mean, that's another important, like, part of the story here of what's happening in modern-day Syria right now under this guy's leadership. Yeah, I think that what America doesn't appreciate is just, I don't know, I really hope if you're an American service member, if you served in Iraq, you know, if you served in the counter-ISIS mission, just, you know.
11:34Can you imagine? Like, I genuinely, I feel so much for you. Because think about how much propaganda you had mainlined into you. And all those missions that you went out, you know, beyond the wire and people got blown up. And then just to watch this type of stuff happen in front of your own eyes, like, it's honestly sickening. Like, put D8 up here on the screen. Like, I guess this is what it's all about. The U.S. military will now establish a presence at the Damascus Air Base. after he's all friendly with Israel and it doesn't matter the minorities and the freedoms and all that stuff that they sold to you back in the mid-2000s.
12:13It was all totally fake. So yeah. Again, should we make deals with our enemies and our former enemies? Should we admit our mistakes? Yes, absolutely. But we haven't really done any of that. The Syrian people are way worse off. 14 years, brutal civil war. We funded it. So many of our allies funded it. We kind of enjoyed it as a little play thing. The Israelis liked it too. Hezbollah and all of that was happening. They could occasionally strike within there whenever they wanted. We used it as some proxy with Iran. The Iranians used it as their playground. It became an international kind of chew toy for everybody to basically play with.
12:50We destroyed the country along with many others, not just us. And in the interim, millions of people fled. It caused a demographic crisis in Europe, basically ignited right-wing politics across the continent, we would have been better off from day one doing nothing. And I think that's what's so infuriating, I think. There's a lot of people who died in Syria. Americans died in Syria. A lot of Americans died fighting al-Qaeda in Iraq. That was the primary mission is why we had to do the surge. And then to see the same architect of that, fluffing Jolani on stage in New York City. And then same with the CENTCOM commanders, who guys were literally on the other side of this for a reason, again, of nothing.
13:27is really, it's really depressing. You know, if you lived and followed foreign policy discussions, politics, like it would be unthinkable. And then finally, it's just about the relative moralism of Assad bad, Al Qaeda good, right? It's like, no, there's no such thing. We deal with countries on the basis of what's good for us because this moralist stuff, it's all bullshit. You know, it really is. Just to see it all in front of your eyes like this, it's hard. It really is a tough pill to swallow. Okay, let's get to AI, shall we? Welcome to the A-Building. I'm Hans Charles. I'm Menelik Lumumba. It's 1969.
14:03Malcolm X and Martin Luther King Jr. had both been assassinated, and Black America was out of breaking point. Rioting and protests broke out on an unprecedented scale. In Atlanta, Georgia, at Martin's alma mater, Morehouse College, the students had their own protest. It featured two prominent figures in Black history, Martin Luther King Sr. and a young student, Samuel L. Jackson. To be in what we really thought was a revolution. I mean, people were dying. 1968, the murder of Dr. King, which traumatized everyone. The FBI had a role in the murder of a Black Panther leader in Chicago. This story is about protest.
14:44It echoes in today's world far more than it should. And it will blow your mind. Listen to The A Building on the iHeartRadio app, Apple Podcasts or wherever you get your podcasts I'm Bowen Yang and I'm Matt Rogers during this season of the Two Guys Five Rings podcast in the lead up to the Milan Cortina 2026 Winter Olympic Games we've been joined by some of our friends Hi Bowen, hi Matt Hey Elmo Hey Matt, hey Bowen Hi Cookie Now the Winter Olympic Games are underway and we are in Italy to give you experiences from our hearts to your ears Listen to Two Guys, Five Rings on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
15:52And we go deeper than the polished story. We talk about what drives us, what shapes us, and what gives us hope. We get honest about the big stuff. Identity when you don't recognize yourself anymore. Loss that changes you. Purpose when success isn't enough. Peace when your mind won't slow down. Faith when it's complicated. Some guests have answers. Most are still figuring it out. If you've ever felt like there has to be more to the story, this show is for you. Listen to If You Can Hear Me on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
16:32So some new indications of potential AI bubble. Interesting post coming here from Michael Burry of Big Short Fame. Let's go ahead and put this up on the screen, and I'll do my best to decode this in straightforward English. So he says, understating depreciation by extending useful life of assets artificially boost earnings, one of the more common frauds of the modern era. Massively ramping CapEx through purchase of NVIDIA chip servers on a two to three year product cycle should not result in the extension of useful lives of compute equipment. Yes. Yet this is exactly what all the hyperscalers have done.
17:07By my estimates, that will understate depreciation by$176 billion. By 2028, ORCL will overstate earnings by 26.9%, Meta by 20%, et cetera. But it gets worse. More detail coming November 25th. So stay tuned. We certainly will. And he has up there a chart showing the way that the useful life depreciation in years has increased at companies like Meta, Google, Oracle, Microsoft, and Amazon, going from roughly three years to now five or six years. Okay. So as best I can put it, straightforward English interpretation of this is basically as they're buying up all of these NVIDIA chips and servers, rather than reducing the amount of time over which you can depreciate that, they're actually extending it.
17:51And it makes no sense because those chips become obsolete very quickly. So the net effect of that is to basically juice their revenue, juice their net profit to make their financials look more impressive than they actually are. So he's pointing to that as some sort of significant financial engineering that is going on with these Magnificent Seven stocks that our whole economy is basically like floated by at this point. Yeah. I mean, look, you got to take him seriously whenever he makes a bet like this. Now, to be fair, you know, he was right on the big short, Michael Burry. He's also been wrong a lot since the big short, famously telling people don't buy now.
18:30And then the S &P is up like 70 % since he told people to do that. But I can't just sit here and dismiss what the guy said. He's one of the most legendary people who found the arbitrage opportunity before anybody else. And so for him, in particular, when we're all looking at the AI thing, and it feels wrong. I think it just feels wrong to everybody, from even people on Wall Street to people, everyday average folks who are looking at it and feeling uneasy. He's giving some language potentially to something which may have been missed. And having read so much about Enron, about, you know, even in the modern times between.com, Enron, WorldCom, and 2008, the same hallmarks of there's this theory like that these people on Wall Street are so smart and they know exactly what they're doing.
19:18No, like they get their rational exuberance. They overlook stuff. They undervalue. They, you know, they, they always underrate risk. they cheat behind the scenes. Like the Enron thing is so obvious in retrospect. And yet at the time, barely anybody even was able to call it out because of the level of corruption that was happening inside of the system. Same in 2007. Like the reason The Big Short is such a good movie and a good book in particular is because there's only like four people who really actually saw it coming and were able to make money off of the vast majority of the people who do it for a living.
19:54They either had too much invested or they just didn't see it. So I feel like that's the story here with AI. All of the similar feelings around this, the same structural problems, the same amounts of money being made, the same government, which is just looking in the other direction. Like the ingredients are all there for a massive bust. And I think what's scary about it is that the behavior of a lot of the people at the top, it doesn't inspire confidence. we played Sam Altman yesterday, basically having a crash out whenever he was asked by a friendly investor. It was like, hey man, like how are you gonna pay for this 1.2 trillion thing?
20:30He's like, well, if you don't want it, I'll sell your shares. You know, it's like, dude. Why are you so sensitive about this? Yeah, just answer the question, bro. You know, you're a CEO, multi-billion dollar company. A lot of people who use your product and or, you know, betting on Microsoft stock or something like that because of your partnership with them. It's a genuine question. Just answer it. Same, like I just mentioned, And Enron, it's just like Jeff Skilling calling the analyst an asshole who asked a very basic question about their books. Well, here, Alex Karp, who's the CEO of Palantir, basically had a crash out on CNBC over Michael Burry, shorting the stock.
21:05And, you know, not just attacking like the short sellers, but not really giving a lot of reason to actually buy the stock or to question why, you know, the P.E. ratio is so crazy high right now. So take a listen. There are two parts. Of course, when I hear short sellers attacking what I believe is clearly the most important software company in America, therefore in the world in terms of our impact, simply to make money and calling, trying to call the AI revolution into question where we have these anomalous numbers, 114, rule of 40, etc. It just is super triggering because these people, they could pick on any company in the world.
21:41They have to pick on the one that actually helps people, that actually has made money for the average person, that is actually supporting our warfighters. Why do they have to go after us? And I'll tell you what, though, it's crazy motivating because I'll tell you why the short sellers are constantly getting screwed by Palantir. Because every time they short us, we just are like tripling down on getting the better numbers and part, honestly, to make them poorer. But it's almost always sympathy for the expert that doesn't need it, the short seller that has some ridiculous reason for doing something against.
22:11I mean, most of GDP growth in this country is because of AI. The real question is, how do we grow that and expose workers? What is the worker available GDP? That's the question for our society. Instead of aligning on that, we've got these completely. And again, if the numbers weren't there, great, be my guest. But then the numbers are there. So then it's not even clear he's actually shorting us. It's probably just, how do I get my position out and not look like a fool? I don't know. But I do think this behavior is egregious, and I'm going to be dancing around when it's proven wrong. I mean, I'm sorry short sellers can't tell the difference between products that work and products that don't.
22:45But these numbers should show you that there's a part of the market that, to you, quote you, is printing cash. And it looks like that part of the market is the part we own. Look, I mean, it doesn't seem too inspiring to me. That's just me. I mean, there's a lot of words out there. Here are the basic facts. The stock is up 217 % year to date. They have a PE ratio of 523 times, extremely large multiples, high growth expectations, which means that even if you grow moderately well, but not very, very well, that that means that you were not living up to what the overall valuation. I don't think it's crazy to say, I don't know, man, no one's saying your company's not making a shitload of money, just not that it's worth this order of magnitude amount of money.
23:25That's basically what Burry is saying. And in general, when you see 523 times or whatever, that's according to ChatGPT, which I just asked, about the P-E ratio. I mean it says one of the highest in the entire United States equities market. So, yeah, I think a lot of people are like, I don't know. Again, when you give an answer like that, like, oh, we're fighting. And he talks about the retail investor. That's another thing that doesn't give me a lot of confidence. When you're basically trying to get the retailers to continue to buy your stock, you're like not actually talking about the fundamentals of what you do, of what you sell.
23:56That AI point also that they make about it being such a massive percentage of GDP, similar as to what I think makes me very afraid of this entire thing. Yes. I mean, he says that thing about how AI is so central to the economy and responsible for all the GDP growth. And it's like, yes. Yes. It's a bad thing. Yeah, exactly. That's very troubling. That is exactly why we're all so uncomfortable right now. Michael Burry responded. We could put this up on the screen. He says, doesn't surprise sort of cryptic what he says. He says, doesn't surprise me one bit. Alex Carpenter's ontology, Palantir Tech, cannot crack a simple 13F, fundamental principle of any rigorous ontological epistemological model, whether philosophical or in data science is recognized when your information set is insufficient for valid conclusions.
24:37Whatever that means. In any case, he's basically saying, like, this guy's not really providing any evidence here. He's just sort of spouting off. And I don't know if you saw that this morning. There was a J.P. Morgan AI CapEx report that came out. And there's this one quote from it that is getting shared around about how much AI investments would have to return in order to generate a 10 percent just profit to drive a 10 percent return on our modeled AI investments through 2030 would require six hundred and fifty billion dollars of annual revenue in perpetuity. That equates to either$180 per month from every Netflix subscriber, that's the amount of revenue, or$34.72 per month from every current iPhone user.
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25:27So that is what has to happen for them to get a 10 % return on the amount of cash that they are plowing into these AI investments. I mean, so far, there is no path to that. You know, when you listen to Sam Altman talk and he talks about all the revenue that they're going to generate in the future, it's all extremely speculative. It's like, well, and we think he said something to the effect of we think there's going to be lots of like science and medicine applications that are kind of hard to talk about right now, like kind of hard to. He didn't say project out, but that's basically the implication of like, you know, we just are hoping that once we get to this level of AGI, there's going to be all sorts of revenue that flows in that we haven't really specifically identified and can't really see our way to because we don't know exactly how that's going to work.
26:16That's what they're all betting on. So I don't know, guys. That's where we are right now. And yet at the same time, you know, there is fallout from what's already been done already from the development here. You've got the left starting to push back. E4 can put up on the screen. You know, Bernie Sanders and others on, you know, in the sort of progressive wing of the Democratic Party really starting to key in to electric bills as a major political issue. Yesterday, we covered how influential that was in some races here in Virginia, in those statewide races in Georgia as well. So they are starting to push for legislation that would make sure that the data centers are paying for their own electricity, that that is not getting pushed onto consumers.
27:00You also have societal fallout such as this. We can put E5 up on the screen, you know, allegations that ChatGPT is pushing some mentally disturbed users towards suicide. Listen to this reporting. They say, in one case, ChatGPT told Zane Shamblin, as he sat in the parking lot with a gun, that killing himself was not a sign of weakness but of strength. Quote, you didn't vanish. You arrived. Rest easy, king. That is what ChatGPT was telling this guy who was contemplating suicide. And so, you know, you have already societal reverberations. we have no idea what the impact of where we are already is going to be on people's mental health on their you know on the development like brain development of youth on all of our brains and what you know what it's going to rob from us in terms of our like humanity and basic ability to to think and so you've got already these cases that are just absolutely horrifying of chat gpt openly pushing people towards suicide yeah i saw a great uh i talked yeah allegedly allegedly allegedly there with ChatGPT, who of course maintains that they did nothing wrong.
28:11And we will pay attention, of course, to the court findings with these many of these cases. But I saw a great analysis, which said, what if 50 % of all of our problems is housing, 25 % is obesity, and 25 % is smartphones? I was like, you know, honestly, those three, Those are three like major pillars. If you talk about health, if you talk about mental health, and then you talk about ability to live, to thrive, which basically determines everything downstream from there. Yeah. I think that's kind of it. And there were like if you focus physical, mental wealth. I mean, come on. These are the building blocks of society.
28:50Like what if the solution to the vast, vast majority of all our problems is cheap and affordable housing, making sure that people are healthy, making sure that people are social? I just was looking at a new statistic. The amount of people who socialize who are 18 to 24 is down 70 percent in the last 20 years. 70 percent. That's insane. And a lot of this, you know, breeds the very addictions, which I demonize here every day on a daily basis. Marijuana, pornography, sports gambling, okay? It's not a secret where it all comes from. It's built, you know, everything is downstream really from the smartphone.
29:28A lot of radical politics is downstream from the smartphone. A lot of, all of our problems is downstream from what's happening with the smartphone. So I really just think, you know, we gotta laser focus in on what the sociological data that's coming out from a lot of this is. And this AI stuff, like if you feel afraid of it, you should be. Like if you feel uneasy, you should be. Trust yourself. Like don't trust the experts and everybody telling you that everything's going to be fine. Because also if you listen to them, whenever they're in their little conferences, they talk about how everything's not going to be fine, about how humanity could be destroyed.
30:05Every job will be erased and all that. You get a voice in your own economy and in your own life. Like you got to use it. You really do. Like focus in on this stuff. I mean I do think that's why the data center fight is so important because it's this physical embodiment. You know, it's like with the product rollouts, it's hard to know, OK, well, what is this new version of chat GPT going to do? And how do I how do I navigate it? I mean, even the people who are designing it don't really understand it, don't really know what like level of awareness and potential consciousness or potential intelligence that it has at this point.
30:36What level of, you know, deceptive behaviors that it engages in. And so those of us who are not technical experts are really at a loss to understand just how profound the impact is already of what's available. And so when you have these data centers that are creating clear, like measurable harm in people's economic lives and in their communities, I think it's such an important focal point of the pushback, which is why we've been focusing intently on it. And I'm heartened to see that there are some who are politically starting to pick it up at the national level. because you also are starting to see some of the job fall out.
31:13Put E7 up on the screen. White-collar hiring is negative. Now, this is probably not all AI, but some of it likely is AI. And Derek Thompson says here, Since 1940, the number of Americans working in professional and business services, sort of a white-collar super sector, has turned negative year over year 10 times. The first nine were during recessions. The 10th time is right now. Now, he goes on to say, you might expect me to say it's AI. The timing really looks like a surge of hiring around 2021 was unwound, combined with high interest rates, slowing job growth, slowing population growth, but sure, maybe AI, too.
31:46I think AI is certainly an important part of the story, especially when you take a look at the next piece, E8, which is young unemployment also spiking. These would be the entry-level workers who would be most immediately impacted by AI and companies implementing AI and pushing more work onto their existing workforce versus bringing in a new cohort. So this is Stephen Ratner. He says unemployment rate for 20 to 24-year-olds is now 9.2%. That's the highest level since 2016. And I think the expectation is that that will continue to rise. New college graduate unemployment rates continue to move up as well.
32:24So these are the early stages of the fallout that we're already being able to discern in the job market numbers. We've got to watch it closely. Some of it is AI. Some of it is just interest rates. But the whole point is bad. Tariff uncertainty, all of that. It's just bad. And these people are getting filthy rich even if they do pop. And one of the things I have been thinking about so much is like they cannot let this shit fail. Like the whole country has every American who has a retirement portfolio. you bet on AI whether you know it or not. If you are reliant on interest rates or any of that, you're also betting on AI.
33:02The whole nation is in on this without actually really any say. All of our technological life, everything has got into this. So if it does fail, it will be a bust, which could drag everything down. And that's why I said also, you've got a lot of poor Americans who are like always rooting for a crash. But what they always forget is like, you're going to be the first victim. You know, they'll cut you first. The first layoffs, the first reduction in the amount of money. The people who will get bailed out and will be okay. Yeah, Alex Karp and Palantir. Sure, their stock could go down 100%. It's already up by two.
33:37Like they're multi-billionaires already. Got the cash. A lot of these folks like, they're all going to be fine. That's the stuff that really worries me the most. Yeah, and we were all techno optimists at the beginning of like the, you know, the social media waves and smartphone whatever i didn't have any reluctance about it i just saw it as as positive period end of story like this is great i mean there's some you know the arab spring and the hope of like oh this democratic engagement i mean but that was real that was the way people genuinely felt you know the election of barack obama and oh my god we're gonna that was the dream of the internet was that it actually would have like a flattening effect that it would create more like small d democratic flourishing where ordinary people would get to have more of a say and you know instead we've actually what we've actually seen is consolidation of like authoritarianism and flourishing of like you know internet induced psychosis and mental illness which you can see on your timeline literally any day consolidation of wealth in the hands of a very few people and um you know all sorts of effects on children and brain development um that you know we were never warned about.
34:42Like the people who were selling us this technology never said, you know, it may come with some downsides. So you certainly shouldn't trust them at this point to give you the full story about what AI is going to look like either. And again, the truth is they don't know. They don't know either. You know, the goal is to replace all of us. That's their goal. So that's, you know, that's if it succeeds. If it fails, then we've got this giant bubble and economic calamity. It looks very grim either way. All right, guys, we talked a lot during the show, Emily and Crystal are going to cover the Adelson section tomorrow, so that will be a fun discussion.
35:16Let's listen now to our interview with the APAC Tracker founders, and then we're going to do our AMA later for our premium subscribers. See you all later. Welcome to the A-Building. I'm Hans Charles. I'm Menelik Lumumba. It's 1969. Malcolm X and Martin Luther King Jr. have both been assassinated, and Black America is at a breaking point. Rioting and protests broke out on an unprecedented scale. In Atlanta, Georgia, at Martin's alma mater, Morehouse College, the students had their own protest. It featured two prominent figures in Black history, Martin Luther King Sr. and a young student, Samuel L.
35:52Jackson. To be in what we really thought was a revolution, I mean, people were dying. 1968, the murder of Dr. King, which traumatized everyone. The FBI had a role in the murder of a Black Panther leader in Chicago. This story is about protest. It echoes in today's world far more than it should. And it will blow your mind. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Bowen Yang. And I'm Matt Rogers. During this season of the Two Guys Five Rings podcast, In the lead up to the Milan Cortina 2026 Winter Olympic Games, we've been joined by some of our friends.
36:35Hi, Bowen. Hi, Matt. Hey, Elmo. Hey, Matt. Hey, Bowen. Hi, Cookie. Hi. Now, the Winter Olympic Games are underway. We are in Italy to give you experiences from our hearts to your ears. Listen to Two Guys, Five Rings on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
37:01What do you do when the headlines don't explain what's happening inside of you? I'm Ben Higgins, and if you can hear me, it's where culture meets the soul, a place for real conversation. Each episode, I sit down with people from all walks of life, celebrities, thinkers, and everyday folks, and we go deeper than the polished story. We talk about what drives us, what shapes us, and what gives us hope. We get honest about the big stuff. Identity when you don't recognize yourself anymore. Loss that changes you. Purpose when success isn't enough. Peace when your mind won't slow down. Faith when it's complicated.
37:38Some guests have answers. Most are still figuring it out. If you've ever felt like there has to be more to the story, this show is for you. Listen to If You Can Hear Me on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
37:59So as you guys surely know, AIPAC and the Israel lobby more broadly have become lightning rods in American politics in no small part thanks to this website. Let's put this up on the screen where you can go and you can check out various members of Congress, various candidates and see just how much money they have taken from AIPAC or from the Israel lobby overall. You now have even centrist Democrats like Seth Moulton saying they are no longer going to take APAC funds. And we are very fortunate to be joined this morning for their first public interview ever by the co-founders of Citizens Against APAC Corruption.
38:37We have Corey Archibald and Casey Kennedy. Welcome, guys. Thanks so much for having us. Yeah, of course. So I want to get a little bit of your backstory, what you think the impact of the organization has been. But first, just tell us a little bit about yourselves. And you've been anonymous up to this point. What made you decide, Corey, I'll start with you to come forward in this moment? Sure. Well, so a little bit about me. I started working in progressive politics in 2017. I worked, I was chair of the board of Brand New Congress for six years, and I worked on a lot of progressive campaigns. I helped work on AOC's initial campaign for Congress.
39:14I worked with Cori Bush on her first two runs for Congress and also Jamal Bowen and a number of others, but those three in particular are really close to me. I, through that, that's how I got to be really familiar with the work that APAC is doing and their influence on our elections. And so that's, you know, kind of where I got started in this process. What about you? Yeah, how about you, Casey? So I've been working in the digital marketing space for about 10 years now. I've done both private sector work and I've worked on political campaigns for, like, city council and a local congressional race.
39:49basically how I got into the AIPAC sphere was actually back in 2020 is the first time I watched the documentary The Lobby it's a deep dive investigative piece they go undercover and really do let they pull back the curtain on AIPAC and how they're pressuring our government to tow the policy of the far-right extremist Israeli government when I saw that in 2020 it really stuck with me because anti-corruption measures have always been kind of the driving front of my personal politics and after seeing that and then if I ever talked to anybody else about it they didn't really know what I was talking about so it just was like a glaring uh like red flag like something why isn't anybody talking about this yeah um so that was always in my mind and then of course the genocide starts picking up after October 7th really starts escalating we have a live stream genocide and still nobody's connecting these dots of why are our officials okay with being complicit in this?
40:46Why are we sending American tax dollars to be used for war crimes? Why are we sending American-made weapons to murder women and children and innocent civilians? So I just started doing some digging for myself, and I was kind of surprised to see how the information was always accessible, but it just wasn't maybe easily accessible or, like, broadly pushed out anywhere. So that's when I had the idea to start a Twitter account. um just in yeah track eight pack we started that in uh april of 2024 right and within about a month we had a hundred thousand followers so people were just like it was shocking watching how quickly it became a thing and i know i'm assuming you're but you know you may be surprised it's become a right wing lightning rod as well you know we've definitely fallen okay good good i mean you know that's part of the reason i was also interested in talking to you is because like did you guys anticipate you know from the beginning you came together you created this it has become like a genuine like when you quote tweet a politician or something this may seem a little foreign for any of our listeners who are not on twitter but i mean this is where elite discourse happens right this is where most people who are battling it on the so-called sphere of ideas so what was the impetus of creating the graphics the tracker and then were you surprised how quickly it caught on so pretty much the idea was to take a complex topic and put it into a format that could be, um, this one, it could digest within like two seconds of looking at it.
42:11Um, everybody wants to say that the Israel-Palestine conflict is complicated. It's not, it's really not. Um, the reason that our officials are towing this line is because they are in the pocket of foreign interests who pressure them to do so. Um, I was definitely surprised to see how quickly it caught on, but given how the, just the amount of atrocities that everybody's seen. I think everybody was kind of looking for like the reason, like the actual, why is this happening? Well, and to Sagar's point, anytime you'll see an official, you know, say something shitty and then below it, inevitably someone is sharing your graphics saying, well, this is why, like, look at all the money that they're taking.
42:55If it's not our own account, it's certainly other people that are sharing our graphics. Yeah, that's exactly right. That's how we've seen how quickly it has spread. I mean, not only have we seen the graphics showing up everywhere, they're showing up in Texas. We're not on TikTok, but our content is all over TikTok. It is. It's everywhere. And, you know, we really started to see the difference in how elected officials began to engage because of the change we were having on the dialogue. We started to see you mentioned Seth Moulton. You know, he came out recently, said he was rejecting APAC money.
43:24Well, we actually had a response to that. And we said, OK, well, you know, we're not impressed yet. So you can't tweet your way out of supporting a genocide. So you're going to have to we're going to see some proof from your votes. Yeah. But there are other elected members who have in the past taken APAC support. They are now rejecting it. More and more candidates are running on an anti-APAC platform. We have people that come to us and ask us to help vet candidates. And we even have members of Congress that have reached out to us and wanted a dialogue. Really? Yeah. So, I mean, that's a lot of how we know the impact that we're making.
43:57Well, that's real power. That's how you go from a Twitter account to being actually influential. Absolutely. Which is kind of amazing to watch. It's never existed before. It's pretty incredible the amount of people who have reached out through our DMs, like many members of Congress. I'm not going to say who they are, but if any other member of Congress wants to reach out, we're always happy to have a dialogue. Well, and Casey, let me ask you a little bit more about this Seth Moulton piece, because there's also some reporting that first he went to AIPAC. And when they were like, yeah, we're not going to give you money, he was like, I hate AIPAC.
44:27I'm totally not taking AIPAC money. This is exactly why we didn't throw out the colossal amount of praise for him. Like, thank you for calling out that AIPAC is a corrupting force. Yes. But what would you say? Like, what's the next question to ask? Because AIPAC also, it's important for people to understand, AIPAC has kind of become the catch-all. They're not the only part of the Israel lobby, though. In a lot of Democratic primaries, there's this group, DMFI, that Ryan Grimm, our colleague, has done tons of the best reporting on. in fact. But, you know, so what is once you get, OK, here's this money to interest, APAC, what is the next question to ask that politician if they're now able to check the box?
45:03OK, I'm not going to take APAC dollars because we've also seen some reporting that maybe what happens is the individual APAC donors give the money so they can technically say they're taking APAC money, but they're really getting, you know, still the same amount from the same group of people. So this is actually part of the work that we're doing through the PAC is we're actually expanding on the data project that we started with with track apac we are going to be beefing up that infrastructure and and digging deeper because certainly it didn't start with uh the more recent rejections of of apac with the apac brand becoming as toxic as it has at this point they have always funneled donors directly to the back door but not to the same degree that we're starting to see it now we're starting to see reporting about um about you know leaked emails where they're just directing people straight to secret donation pages.
45:51So knowing that that's happening, we are going to be expanding our data infrastructure so that we can more accurately report the full picture to see these individual donors also get folded into the numbers. There's the individual donors, the ADL. There's an entire network of this. We've gone up against it. We've faced significant obstacles. So I'm curious, what's it been like on the receiving end to this. I mean, they will, they will, they'll go after you. Well, we're starting to feel that. And that's why we're here. So I would probably go back about a month ago. Um, Apex are going on a tirade on Twitter.
46:26They were tagging us, replying to a bunch of our posts, quoting us, trying to invalidate our data, um, trying to smear O 'Connor for, um, praising our work and it didn't really work out for them. So I guess they just went away. But interestingly enough, about a week after that is when we started seeing my information be posted into our replies. So it was like my picture, some information. I ran for a Democratic Central Committee office a few years ago. So that's how they found some of my basic details. And they didn't really have anything else to go on, but they're just kind of spinning up all sorts of different narratives about who I might be or who I'm working for.
47:05So that was just kind of interesting to see. It was very obviously an organized effort. Like we could see which accounts were kind of... Same talking points. Yeah. So who do you work for then? I work for myself. Okay. You guys work for the PAC? Yeah, we work for the PAC, I guess. Yeah, I mean, well, actually, the work that we're doing to the PAC currently is on a volunteer basis. I mean, we've been really focused on building our war chest. We both have other work that we do, but we've been focused on building our war chest for the last year has been my focus. While Casey's been driving the data transparency project, I've been driving the kind of fundraising and building up our resources because we do intend.
47:41Can I get the inevitables out of the way? No foreign funding. No foreign funding. Zero foreign funding. No Qatari funding. No Qatari funding. No Qatari funding. None. Okay. We're sure. We're 100 % sure. Zero. Soros. Soros. Never met the man. Never met the man. Don't know anything about him. Okay. Who else? Who are the other boogies? You're on the right. I don't know. You can tell me who you people are concerned about. Let me think. I think that's pretty much it. That's pretty much it. So it's just, you know, normal Americans who are upset. Exactly. Exactly. Yep. Okay. What role do you hope that your organization plays in?
48:12And I think, you know, it seems like there's sort of a Democratic Tea Party that's brewing. Zora Mamdani's victory in New York City was a major earthquake in terms of national politics, in terms of Democratic Party politics specifically. You know, what what role do you all hope to play in the forthcoming primary season? Yeah, well, we set out to really make the to make working with APAC a political liability. That is that has been our primary focus. That was how the TRAC-APAC project started. And then I founded the PAC and we got introduced by Mutual Connection, brought the two, realized immediately like our work was very synchronous and decided to merge our efforts into one thing.
48:52So that's now what we lead together. But that's the goal really is we want to make working with APAC a political liability. And that's the reason why it's in the name, TRAC-APAC, Citizens Against APAC Corruption. We're coming straight at them. When I saw what they did to Andy Levin, when I saw the way that they have smeared and attacked Bernie Sanders repeatedly, when I saw what they did and the money that they spent against Cori Bush and Jamal Bowman to take them down, I was so furious as a person who worked in this space that no one was going on offense against APAC or that there wasn't, I can't say no one, that there wasn't enough of a forcible offense against APAC.
49:28And that's what we set out to do, to go on offense. Well, I was telling you last week I interviewed Summer Lee, who is a representative from Pittsburgh, and had just put out like the most mild tweet about Israel. One tweet, one time, about Israel. And that was enough for the Israel lobby to come in and spend millions of dollars against her. She narrowly wins. She was able to overcome it. She narrowly won. And she said, you know, I think now it would be different because at that time there just wasn't a level of awareness. And now, obviously, the genocide live streamed in all of our feeds is the biggest part of the awareness of just how horrific this country is.
50:05And, you know, the policies coming from this country, our own politicians' complicity, whether it's Democrats or Republicans, with the atrocities that are being committed by Israel. But you guys really helped to sort of coalesce this understanding of the inner workings. So I just want to say, like, thank you for doing that work. It's been incredibly important. It's been very useful for us as journalists. Yeah. when I'm interviewing, you know, when we're interviewing a senator, it's helpful to have right there exactly where they're taking money from. Sometimes you clip some of my spiciest content and then other people, it can cause a lot of problems in my personal life.
50:40Yeah. But, okay, so this is the last question, I think, about the inevitable, anti-Semitism, okay? So, you know, that's part of the criticism I hear. Hey, it's anti-Semitic to say AIPAC should register as a foreign lobby. These are American citizens. They're rightfully spending their money as they would like. What's your response to that? Is it anti-Semitic to track APAC funding? Why aren't you tracking Nigerian funding or any of these other things? I would say it is not anti-Semitic to stand against an ongoing genocide that's being perpetrated with American backing, American tax dollars and American weapons.
51:12What we're doing here is taking information that's always been publicly accessible, but making it more easily accessible and digestible for the public. And I would guess that you guys would support the tracking of other money in politics. 100%. As well, yeah. And you can look at our, we have a track oil packs, which has recently started up. So that's kind of our next target is the big oil lobby. Yeah. And I mean, I have working in progressive politics as I have, I've always worked with candidates that stood against corporate PAC money. It's actually one of the litmus tests for candidates that would like to get an endorsement from us is one of the questions we have is, is will you support overturning of Citizens United and standing against corporate money and politics?
51:48It's very important to both of us. And that is actually my last question is you guys are backing a slate of candidates. We are. What are the specific criteria that they have to meet to be considered for your endorsement? So these are candidates who are going to reject money and support from AIPAC and their allies. So that would not be just AIPAC. It's the other groups like DMFI, RJC, if they're on the Republican side. There's a whole slate of other groups. We also asked them if they would support enforcing the Leahy laws to make sure that we're not sending weapons to be used in war crimes. We asked them if they support Palestinian statehood for the U.S.
52:24to stop blocking such votes at the U.N. Do they consider it a genocide? What's happening? That's a deal breaker if they don't. Yeah, yeah. And then, of course, Citizens United because that's really a key to getting big money out of politics. Interesting. Amazing. Well, if you guys want a different type of politics, you know, they've created incredible resources for you all to go and see who the candidates are, who the, you know, members of Congress are, who's, what kind of money has been flowing into their coffers, so that you guys can choose candidates that, you know, ultimately align with your values.
52:57And I have personally, you know, consulted your resources. I will make, you know, contributions at times to candidates. And if they're not on your list, they're not going to be on my list. There you go. We love that. At the end of the day, it's public data. That's all you did. It is. Exactly. You know, for all the people who are freaking out about it, like, sorry. All right. And if people want to support the work we're doing, as I said, we've been building up our war chest. we're still building it if they want to support the work that they're doing that we're doing we can go to uh citizens against apac.com or track apac.com either one of those we have a donate button right there and any contributions are helpful like we're we're really focused on being able to make a big play in some of these upcoming primaries amazing thank you guys great to meet you both appreciate it thank you
53:49Over the last couple years, didn't we learn that the folding chair was invented by black people because of what happened in Alabama? This Black History Month, the podcast Selective Ignorance with Mandy B unpacks black history and culture with comedy, clarity and conversations that shake the status quo. The Crown Act in New York was signed in July of 2019, and that is a bill that was passed to prohibit discrimination based on hairstyles associated with race. To hear this and more, listen to Selective Ignorance with Mandy B from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
54:22I'm Bowen Yang. And I'm Matt Rogers. During this season of the Two Guys Five Rings podcast, in the lead-up to the Milan Cortina 2026 Winter Olympic Games, we've been joined by some of our friends. Hi, Bowen. Hi, Matt. Hey, Elmo. Hey, Matt. Hey, Bowen. Hi, Cookie. Hi. Now, the Winter Olympic Games are underway, We are in Italy to give you experiences from our hearts to your ears. Listen to Two Guys, Five Rings on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
54:571969, Malcolm and Martin are gone. America is in crisis. And at Morehouse College, the students make their move. These students, including a young Samuel L. Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget. I'm Hans Charles. I'm Menelik Lumumba. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. This is an iHeart Podcast. Guaranteed human.
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Krystal and Saagar discuss Trump meets with former Al Qaeda leader, tech stocks hiding losses, AIPAC Trackers unmask.
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