The Daily Zeitgeist - Rom-Com Economics, Evil Bank Fail 03.16.23

Episode Date: March 16, 2023

In episode 1442, Jack and guest co-host Alex Schmidt are joined by host of How To Citizen, Baratunde Thruston, to discuss... Credit Suisse Shares Plunge (Because They’re Evil), Netflix’s $150 Mill...ion Rom-Com Is Canceled and more! Credit Suisse Shares Plunge (Because They’re Evil) Swiss Regulators to Provide Liquidity to Credit Suisse Swiss central bank ready for Credit Suisse support Troubles at Credit Suisse prompt broader market selloff Credit Suisse axes top bosses’ bonuses after biggest loss since financial crisis Netflix’s $150 Million Rom-Com Is Canceled ‘Give Her Her F*cking Money’: Nancy Meyers Fans Revolt Against Netflix Why Netflix Canned Nancy Meyers’ $130 Million Rom-Com | Analysis LISTEN: Money by LEISURESee omnystudio.com/listener for privacy information.

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Starting point is 00:00:00 I'm Jess Casavetto, executive producer of the hit Netflix documentary series Dancing for the Devil, the 7M TikTok cult. And I'm Clea Gray, former member of 7M Films and Shekinah Church. And we're the host of the new podcast, Forgive Me for I Have Followed. Together, we'll be diving even deeper into the unbelievable stories behind 7M Films and Shekinah Church. Listen to Forgive Me for I Have Followed on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Starting point is 00:00:30 I'm Keri Champion, and this is season four of Naked Sports. Up first, I explore the making of a rivalry. Kaitlyn Clark versus Angel Reese.
Starting point is 00:00:39 Every great player needs a foil. I know I'll go down in history. People are talking about women's basketball just because of one single game. Clark and Reese have
Starting point is 00:00:46 changed the way we consume women's sports. Listen to the making of a rivalry Caitlin Clark versus Angel Reese on the iHeartRadio app, Apple Podcast or wherever you get your podcast. Presented by Capital One, founding partner of iHeart Women's Sports. Hey, I'm Gianna Pardenti
Starting point is 00:01:02 and I'm Jermaine Jackson-Gadsden. We're the hosts of Let's Talk Offline from LinkedIn News and iHeart Podcasts. There's a lot to figure out when you're just starting your career. That's where we come in. Think of us as your work besties you can turn to for advice. And if we don't know the answer, we bring in people who do, like negotiation expert Maury Tahiripour. If you start thinking about negotiations as just a conversation,
Starting point is 00:01:22 then I think it sort of eases us a little bit. Listen to Let's Talk Offline on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hello, the internet, and welcome to Season 279, Episode 4 of Dirt Daily's iGuest, a production of iHeartRadio. This is a podcast where we take a deep dive into America's shared consciousness. And it is Thursday, March 16th, 2023, Parent Teacher Conference Day at my kid's school. So I'm wearing a collared shirt with buttons on it. But I keep fiddling with the buttons.
Starting point is 00:01:57 And I think one of them is about to come off. So that's where I'm at. That's how comfortable I am being wearing a collar. My name is Jack O'brien aka i wish my name was shadow and not jack i love my parents but they are so whack that is courtesy of christy yamaguchi main shadows of the night pat benatar in reference to the fact that the name, a person's name, Shadow, came up at some point. And I mentioned I thought it sounded like a cool name and remembered a DJ named Shadow Stevens from my childhood
Starting point is 00:02:34 in the hopes that someone would write in and be like, you know, you kind of look like a shadow. Maybe you should change your name to that. You know, the burner accounts I made to make that comment never really caught on. So instead we just have this, aka thank you, Christy Yamaguchi-Mae. I'm thrilled to be joined
Starting point is 00:02:54 by one of the best podcast hosts doing it anywhere, my old friend from the crack days, a Jeopardy champion, the host of the wonderful podcast, Secretly Incredibly Fascinating, which makes him the SIF Lord. It is Alex Schmidt!
Starting point is 00:03:11 Thank you and aka the Bison Wise One. From Butternugs on the SIF Discord who heard yesterday's show and immediately was like here's one. So thank you. And I was remiss in not saying yesterday congratulations Miles and Her Majesty on their wonderful baby. it's really nice to be here helping out
Starting point is 00:03:28 yeah it's wonderful having you i do think sif lord is gonna stick it's a perfect match for your just dark heart the dark energy that you bring to every room that you i have i've always felt a real conflict with the whole message and deal of the Empire and Star Wars, but then loving brass music. Great anthem, you know? If you like brass music, you can't pass on that one. Come on.
Starting point is 00:03:56 As compared to what the Rebels are listening to, jizz? Isn't that what they call that music? Yes, that's canonically what they call it. Jizz. Come on, guys. Alex, we are thrilled, fortunate, blessed to be joined in our third seat by an Emmy-nominated host who's worked at The Onion, The Daily Show, advised the Obama White House. He's a New York Times bestselling author, delivered what Brian Williams called one of the greatest TED Talks of all time, is the creator and host of one of the great podcasts of all time, How to Citizen with Baratunde.
Starting point is 00:04:28 Please welcome the brilliant and talented Baratunde Thurston! Hello, Jack. Hello, Alex. I am most surprised to find out that y'all sold Crack Together in the past. Yeah. Good to be here. Thank you for having me back, Jack. And good to meet you, Alex. Way to keep the seat warm.
Starting point is 00:04:50 Yeah. Thank you. That's right. We demand a pulse. No robot hosts here. No, no. Live meat. I'm sending in my biometrics every few minutes.
Starting point is 00:05:01 Just letting people know behind the scenes. It's important to let them know. i've been really enjoying season four loved your interview with adrian marie brown thank you fractals and sci-fi how to citizen is a podcast that makes you feel not worn down by some of the shit that we cover in in the news cycle that's the goal and you were there at the start i mean you you were in the meetings you were in the room where it was in the damn room where it happened you helped it happen jack that's right well that's why i'm so complimentary i wouldn't be even though i love the show if it if i hadn't been there when it started i would have been jealous and mean and spiteful. I'm so glad you just FYI.
Starting point is 00:05:46 Yes. All right. Baratunde, we're going to get to know you a little bit better in a moment. First, we're going to tell our listeners a couple of the things we're talking about today. Credit Suisse shares plunge. We don't usually cover the latest financial happenings, but it does seem like there's something happening in the world of finance. So we're just going to talk about Credit Suisse, the Silicon Valley bank, all the turmoil.
Starting point is 00:06:15 We do cover a lot of Switzerland news, but not the banking specifically. Mainly Swiss. Yeah. So you're diversifying your Swiss coverage, which is good. Yes. That's right. Yeah, that's what I've heard. You're supposed to diversify.
Starting point is 00:06:26 Yeah, like stocks and stuff. Yeah. Although everything's deaf. Sounds familiar. We're going to talk Netflix's $150 million rom-com, which was just canceled. Oh, no. It was supposed to be a Nancy Meyers joint with a $150 million budget. That was her asking price netflix
Starting point is 00:06:46 wouldn't go wouldn't budge over 130 million and they were like no deal which actually makes sense like there's there's a nugget in this story that actually makes sense of the astronomical netflix movie budgets so we'll we'll talk about that. We're going to make that make sense. All of that, plenty more. But first, Baratunde, what is something from your search history? Okay, there's too much in my search history, and I actually maintain it. I don't like being surveilled, but I do like my YouTube recommendation feed to be accurate. So this is the conundrum in which I find myself. And a recent search term, how to get between the terminals at Dallas-Fort Worth International Airport. This came out of a recent traumatic incident where I barely escaped from Florida.
Starting point is 00:07:42 Every time I go to that state, it's very difficult to leave. And then my mere presence there is actually in violation of a lot of the new laws that Ron DeSantis and crew have passed. So I'm a crime in Florida. And so a fugitive. And I try to get out and they just try to drag me back in. And in this case, I was trapped in another state with a wonky governor, Dallas, because American Airlines decided they're just not in the flying business anymore. Yeah. They're in the shuffle you around to different broken planes business for 17 straight hours.
Starting point is 00:08:14 Yep. Yeah. The options have become limited on the flying space. By the way, I just, I was hoping that your search has you said, how to, I thought you were going to say citizen. You're just like, what does that mean? I was like, this is very late to be Googling that baritone day. It's never too late to learn and grow. All right. So don't shame knowledge seeking. Yes. That's a good point. Or the full search is how to citizen legal in Florida? Question mark?
Starting point is 00:08:49 Need to know. Banging on door. What were you doing? And was it just like personal business in Florida? I have no personal business in Florida. No, this was a financial obligation. I was there actually making my PBS show, America Outdoors. We were doing our second season, and we were filming in Florida along the Suwannee River.
Starting point is 00:09:14 It was a really beautiful time, if you don't count the food options on the side of the road and the fact that Dollar General has a monopoly on all retail space. But the people, the nature, the connection to this river has monopoly on all retail space but the people the nature the connection to nature in florida is underrated it's really beautiful it really is it really is i was humbled by my time there honestly and i was in north florida where i have not spent really much time in my life so it was a a voyage of discovery yeah And I was ready to come home, you know? Yeah. And Dallas-Fort Worth didn't want to let you. American Airlines at Dallas-Fort Worth. We cannot just blame the worst airport in the country. We must also assign responsibility to the worst airline.
Starting point is 00:09:56 It's their hub though, right? They're like, we want you to come here. We want to see, we want you to see what we've done with the place. We want to see, we want you to see what we've done with the place. Well, it was, it was, it was exacerbated by the fact that I've had, I'm experiencing some hip pains and hip injury. And so the size of the airport truly becomes like a health hazard. Sure. And, you know, it's, everything's bigger in Texas. Like it's not just words people say, it's like design principles for worse living. And these folks were just determined to put me through my paces.
Starting point is 00:10:32 My pace was off. So the whole enterprise was physically and emotionally quite, quite painful. I did, there were moments of light. You know, some people helped me out. I had fellow passengers helping carry stuff. I had dudes with the carts helping me try to move through that airport at times. So all was not lost. And we started, I guess it would be called a hate group.
Starting point is 00:10:57 We hate American Airlines together. And so that was, it just feels like the one hate group I could support. I definitely don't tend to support hate groups, but this one just feels really justified based on evidence. And I'm all about evidence-based choices. So I hope they're not a sponsor of your show. They are, but it's okay. I mean, they usually give us a pretty wide berth. Like an airship should. Yeah. But yeah, I feel like everything in Texas is just contingent, like designed contingent on the idea that you have access to a pickup truck at all times. I thought I was going to have to move there. Getting from gate to gate.
Starting point is 00:11:35 They're like, well, you're going to want to hop in your pickup. What do you mean? You don't travel with a pickup? Actually, my life would have been easier if I'd had a pickup truck and mini guns, right? Yeah, always. And that felt like the Texas way. There was a moment where I was like, maybe I'm just supposed to live here. Maybe I should get a truck and three guns and just, sorry, California, we're done. Well, this is where I live now. That's always a good feeling when you're traveling and your brain just says, maybe this is just where we live now. Yeah. And, but at every turn, every turn, something went wrong. Something like the hotel I went to, I thought I was smart.
Starting point is 00:12:27 I made a reservation using some credit card points. Cause I was like, everybody's going to be going to the free hotel. I've got points. I'm going to stay at that hotel right at the airport. Cause no one thinks of that. Right. And I get there and I'm so excited. And I have my, my reservations on the phone.
Starting point is 00:12:41 I can prepared for the backlash, for the resistance, for the squashing of myself. I was like, here's my reservation code. We're good. And she's like, that's for tomorrow night. And I was like, no, no, it's for today, March 11th. Yet today, because of the beauty of time and the amount of it that American Airlines wasted, today had become Saturday. Oh, no. So I get to my hotel room at like 2.15 in the morning.
Starting point is 00:13:11 I have to get up at 6 to try to make the next flight out. We get on the plane. It's the third plane we've been on. And the crew was like, we got you. We don't know what happened with those jokers last night. We got you. And we're like, okay, great. Yeah.
Starting point is 00:13:24 We like high five. Like we think the war is like okay great yeah we like high five like we think the war is over you know like everybody's like people are kissing in the aisle like it's great you know babies are being conceived and the captain has to come on the microphone and he's like folks uh can't believe i have to say this but something wrong with the plane. So we're going to need everybody to get off and go to Terminal five miles from here and try again. We will get you home. And at this point
Starting point is 00:13:56 babies are screaming profanities. So yeah, Google helped a little. This is helping me understand that airport because the last time I was there, I saw a barbershop in it, like in the terminal. And I was like, no, that's a business for regular life. But if you live there, you do need a haircut. That makes sense. There's like Home Depot's in there. I do remember seeing the hotel and being like, I guess I could see, but that is a bad sign.
Starting point is 00:14:27 A hotel should not be that close. You shouldn't be like gate 37A, gate 37B, Hyatt Regency. Exactly. No, these are not the same choices. It's been bad enough for long enough that they built a hotel and a barber shop. They know, like the whole hotel is TSA approved. Yes. No nail clippers in the entire hotel. What is something that you think is overrated? I think
Starting point is 00:14:55 the intelligence of venture capitalists is greatly overrated. I know. Unpopular opinion. Very popular on this show, but I feel like because you are plugged into the tech world and I don't know, it feels like there is still this, I don't know, understanding that if something doesn't have VC funding, it's not a viable idea in a lot of worlds. And just like that, it's I don't know, like, are we coming to the end of this just being the prerequisite for getting anything off the ground is just massive rounds of like you know tens of millions of dollars of funding
Starting point is 00:15:45 i hope so i think so i i uh some of my best friends are vcs by the way this is not like vcism but uh they've had an outsized influence on some major challenges and failures in our society hello second largest bank collapse uh in u.s history history. And that was led by VCs who present themselves as these very rational actors, smarter than everybody else, optimizing efficiency, sound decision-making. And these fools just freaked the hell out and instigated a bank run. And truly rational behavior.
Starting point is 00:16:23 We're like, keep calm, carry on. It's going to be okay. Even though Silicon Valley Bank had some issues, it didn't need to go completely belly up. It didn't need to drain the insurance fund and end up getting bailed out by all that money because people took out $42 billion in a single day. That's record setting panic.
Starting point is 00:16:43 You can measure the size of the panic in billions. So these guys overfund things that don't need it. Meanwhile, a lot of the solutions we do need in climate and other areas are not funded. Housing's very underfunded. And their supposed genius is also just a byproduct of like zero interest rate policies where money's free. And so they have to like chase the return somewhere. So they throw it into like a high speed burrito delivery by drone service and call it innovation. And then, and then we're supposed to put them in charge of like schools and healthcare. Yeah. Because I'm trying to take it all over the tax rates too low. You know, like there's, there's a, there's other things to do with that resource and other things to do with our adoration than just lauded on people who got lucky and hooked each other up. Right. It feels like a lot of luck, a lot of hooking each other up, and a lot of then retroactively turning that into, like, a great autobiography about, like, how they did it all against the odds oh yeah pulled myself up by these golden shoe straps i inherited from my daddy right but i don't know just in general like because i this feels like a really good intersection of you know what you talk about
Starting point is 00:18:00 which is like you know maintaining hope maintaining an active relationship to our democracy. I'm sorry, my hope died at the Dallas-Fort Worth International Airport on March 11th slash 10th because it was a two-day experience. But let's continue with your question. Okay. Thank you. Yes, thank you for clarifying. But like, it just feels like a lot of these stories that we're covering day in, day out when it comes to climate, when it comes to housing, when it comes to even crime. But it's all this massive weather system of people chasing profits that we're all just kind of attached to. And nobody really has control over and it's just out there doing its thing and people are kind of left to make sense of the results but
Starting point is 00:18:55 i i don't know it feels sort of out of control and like a like how do you how do you think about, you know, impacting change and, like, actually, like, having power in a society that is, like, so much driven by, like, VC concerns and profitability and just, you know, all of that stuff? Take a deep breath and know that, you know, some level of this too shall pass. Know that we're not totally powerless, that there have been people in other places in the world right now and in other moments in time throughout our history who've had a lot less resource than the average U.S. dweller today. Yeah. And have multiplied and found more power with others. You know, they have done the thing we try to talk about on the podcast. They have citizened as a verb, not like a legal lawyer thing, but as a people-powered, self-governing thing. And so VC is going to VC and not all do it in the same way.
Starting point is 00:20:00 And there are some who recognize, oh, we should be investing in the people we've divested from for many generations. The returns are probably better because they're literally undervalued assets as opposed to chasing the Stanford dropout again and again and again. Right. And then I think about and try to find we're, I feel like I'm drowning in a wave of really debilitating daily news. It's just like, everything's busted. It's corruption everywhere.
Starting point is 00:20:34 The politicians are fighting, the wealthy are stealing from the, like, it's just bad. It's just bad. And then the bats or lab employees are trying to kill us, right? Like Congress is fighting over all of that too. And the broader truth, I guess the deeper truth is that there's a lot of what we look for and what we think we need, we already have in pockets. And there's people experimenting with other ways to be. So with money, you know, and economic stuff, like we have someone on our show this week, Kate Raworth,
Starting point is 00:21:05 who's come up with a whole system called donut economics, which is delicious because who doesn't like donuts? I'm already in. Great branding on that. People who hate America, but otherwise, like good humans love donuts. They're endlessly, you know, circular fun. But how could we construct? Like profits aren't bad. Seeking them isn't evil or destructive until it is, until it's the only thing. And it kind of pushes out all other considerations. So the donut economics thing says, take an image of a donut. There's an outer limit to what defines a donut and an inner limit where there's the whole. And in between, you've got tasty goodness, but that outer limit's earth
Starting point is 00:21:49 and planetary limitations. And we can't just grow infinitely past those limitations or that's like cancerous malignant growth that destroys the host. And then the inner circle is like human dignity. There's just some basic stuff we all need housing health care food yeah you know goodies right and so we each get those things and the latest tesla without the mercurial ceo right and then in between we can play we have a lot of fun we can fund things we can be silly we can have dance parties or we can indulge, but respecting boundaries. Those two boundaries. Yeah. And so a lot of what is exploding, you know, in the sense, especially in economic stuff is we're just out of balance and we've optimized for one particular performance indicator without regard to almost anything else. And so we're suffering for it. Our planet's suffering and
Starting point is 00:22:42 our ability to live on the ground that stays still under us and doesn't slide away or burn up is also at risk too. So there's good stories out there. There's other ways to see the world and other ways to create that world that we want to live in. And so I'm trying to shift my attention and focus to those instead of just dwelling on the crisis. Yeah. Crises. That makes sense. Yeah. Crises. That makes sense. Yeah.
Starting point is 00:23:06 I also, I just like that you also make an outdoors show. I would think that helps in a separate way as well. Like you literally touch grass, like they say on the internet, you go and see that the manatees are still there and we haven't lost that yet. Alex, yo. So it's not separate at all.
Starting point is 00:23:21 It's literally connected. You know, Jack will remember this from the early days of How to Citizen. We have these four principles of what it means as a verb. It means you participate. It means you invest in relationships with yourself, with others, and the planet around you. It means you understand power. It means you value the collective. we are a part of any community. And I get to make a whole show focused on that, which isn't technically a part of the How to Citizen world, but it's part of my world. And I think it's part of ours. And a week ago today, is it a week ago today? Yeah. I was swimming with manatees. That's amazing. You were in the water. Yeah. In Florida, in the springs on the Suwannee River. And we didn't know, like we had been hunting is the wrong word, been searching for manatees
Starting point is 00:24:05 with this group of scientists. That would have been such a turn. So we were out hunting manatees. We were on a manatee hunt and before we slaughtered them, I swam with some of them, just to humanize the experience. No, we were trying to preserve them.
Starting point is 00:24:21 No, sorry, go on. These scientists have made it their mission to protect these beautiful, awkward, ginormous creatures. So funny. So graceful. Yeah, yeah. So weird looking. And we didn't spot, we spent all day,
Starting point is 00:24:33 I kayaked 10 miles searching for manatees with this biologist. My shoulders are burning. And we think, oh, that's a wrap. We're having lunch. And we get a call there's manatees at the springs right across from the lunch spot where we started so they were trolling us yeah and uh and we went over and showed them what's what and got some great photos and they
Starting point is 00:24:58 came right up to me uh and they're really beautiful and majestic so and it's a humbling it's a humbling experience to like swim with a sea cow yeah it's like. And it's a humbling experience to swim with a sea cow. It's funny. It's a cartoonish creature. And also beautiful and graceful. And reminding me of our connection. There's a lot more life than just ours. Truly a living cartoon character.
Starting point is 00:25:21 Just what was such a fun, so great they exist it is it is a good work nature of people citizening yes you know they they should continue to uh the only reason we knew they were there is because there's a guy who sits by the springs he's like a big white bearded dude and he loves the river and he loves manatees and he just like he did that if you see something say something like and he phoned like the manatee team we got man he just like, he did the, if you see something, say something. Like, and he phoned the manatee team. We got manatees. He's like,
Starting point is 00:25:49 there's three of them over here. They're coming in. You might want to get over here. And, so that's, they're, you know, they're part of
Starting point is 00:25:55 the community, you know, of the people who depend on this river. I think that was, was beautiful. That is really cool. There's also something
Starting point is 00:26:03 really joyful about an alert to come see manatees. Like you will succeed at getting there in time, I feel like. I know they can kill on us. We all get much worse alerts on our phone than that. Right. So, yeah, for a moment I was Manatoon Day. Oh, there it is.
Starting point is 00:26:19 There you go. All right. Let's take a quick break. We'll come back. We'll find out what you think is underrated. We'll be right back. former member of 7M Films and Shekinah Church. And we're the host of the new podcast, Forgive Me For I Have Followed. Together, we'll be diving even deeper into the unbelievable stories behind 7M Films and LA-based Shekinah Church, an alleged cult that has impacted members for over two decades. Jessica and I will delve into the hidden truths between high control groups and interview dancers,
Starting point is 00:27:01 church members, and others whose lives and careers have been impacted, just like mine. Through powerful, in-depth interviews with former members and new, chilling firsthand accounts, the series will illuminate untold and extremely necessary perspectives. Forgive Me For I Have Followed will be more than an exploration. It's a vital revelation aimed at ensuring these types of abuses never happen again. Listen to Forgive Me For I Have Followed on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, I'm Gianna Pradente. And I'm Jimei Jackson-Gadsden. We're the hosts of Let's Talk Offline,
Starting point is 00:27:37 a new podcast from LinkedIn News and iHeart Podcasts. When you're just starting out in your career, you have a lot of questions. Like, how do I speak up when I'm feeling overwhelmed? podcasts. When you're just starting out in your career, you have a lot of questions like, how do I speak up when I'm feeling overwhelmed? Or can I negotiate a higher salary if this is my first real job? Girl, yes. Each week we answer your unfiltered work questions. Think of us as your work besties you can turn to for advice. And if we don't know the answer, we bring in experts who do, like resume specialist Morgan Saner. The only difference between the person who doesn't get the job and the person who gets the job is usually who applies. Yeah, I think a lot about that quote. What is it like you miss 100 percent of the shots you never take?
Starting point is 00:28:15 Yeah, rejection is scary, but it's better than you rejecting yourself. Together, we'll share what it really takes to thrive in the early years of your career. Without sacrificing your sanity or sleep. Listen to Let's Talk Offline on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Keri Champion, and this is Season 4 of Naked Sports, where we live at the intersection of sports and culture. Up first, I explore the making of a rivalry, Kaitlyn Clark versus Angel Reese. I know I'll go down in history. People are talking about women's basketball
Starting point is 00:28:50 just because of one single game. Every great player needs a foil. I ain't really near them boys. I just come here to play basketball every single day, and that's what I focus on. From college to the pros, Clark and Reese have changed the way we consume women's sports.
Starting point is 00:29:02 Angel Reese is a joy to watch. She is unapologetically Black. I love her. What exactly ignited this fire? Why has it been so good for the game? And can the fanfare surrounding these two supernovas be sustained? This game is only going to get better because the talent is getting better. This new season will cover all things sports and culture.
Starting point is 00:29:24 Listen to Naked Sports on the Black Effect Podcast Network, iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. The Black Effect Podcast Network is sponsored by Diet Coke. And we're back. I love that American Airlines ad you just ran. Yeah. Well, you know, they give good haircuts. It's mainly an advertisement for the barbershops.
Starting point is 00:29:53 It's sort of like a speakeasy. You go through the plane into the chair. They're trying to build their own communities of trapped travelers who then become workers for American Airlines. What is something that you think is underrated, Barry Tunde? I think the movie The Woman King is underrated. I just loved it way more than I expected. I saw the poster and I was just confused. I had no idea what it was about. I hadn't read anything about it, hadn't heard anything about it. And I saw a little blurb and went to see it with my wife and Viola Davis, they all just crushed. And there's this beautiful symbolic representation of like civil war within,
Starting point is 00:30:50 you know, an African community within a black community. I love the honesty of the whole, like the way they treated the history of enslavement, you know, to the Americas and the participation of African nations and selling, you know, some of their own people, or as they saw them, their enemies, people, you know, some of their own people,
Starting point is 00:31:05 or as they saw them, their enemies, people, you know, into bondage. That's, that's like a third rail that a lot of folks don't talk about women warriors. You know, we don't hear that story. It's like, it was like a real life Wakanda. Yeah. And I love black Panther and I love Wakanda and fiction is very powerful, but to have like a factual ish you know representation of of a kingdom that truly existed i found to be really really powerful as well so love that movie uh was sad that the uh campaign of the to leslie thing uh seemed to have bumped it from the slot of possible nominations and so i wanted to give some attention to that. It really felt like a shoe-in for like a bunch of Oscar attention, let alone like just none,
Starting point is 00:31:51 which was frustrating. Underrated. People should check out The Woman King. Yeah. Gina Prince, Bicewood, who made Love and Basketball, The Old Guard,
Starting point is 00:32:01 which we covered on this show. I kind of love that ridiculous movie. I really liked The Old Guard, by the way. Yeah, it was really fun. It also, basketball the old guard which we covered on this show i love that i really like the old guard by the way yeah it was really fun it also like hit right when we were getting into the pandemic and like shut down and so we were like we're just talking about things that are streaming on the daily site guys right now and that was a really fun one but yeah she made the woman king it's really, really cool. Yeah.
Starting point is 00:32:26 I appreciate this tip. I'm not in the habit of being in theaters again yet. I just haven't gotten going on it. And so other than Everything Everywhere All at Once, which we streamed, I've just missed all the new movies lately. So that's good to know. Yeah. Well, you can still see Top Gun Maverick for the next three years, I think, with Tom Cruise's
Starting point is 00:32:44 contract with the exhibitors. And then you'll be alone in the theater by that point. But some things are beautiful on the big screen. Yeah. And you don't have to rent the theater anymore. Top Gun saved movie theaters at gunpoint. That's very American. All right.
Starting point is 00:33:01 It's time for our famous segment, Stock Corner. Jack's Stock Corner, where I talk about all the happenings. by roughly 25%, which caused other bank stocks to fall. This was sparked in part by the fact that their largest shareholder, Saudi National Bank, publicly stated it wouldn't beef up its investment. And a lot of people are framing it as a piece with the recent bank failure in the US. And there's some debate, but people think that this is something that's been ongoing. Maybe there is just in the sense that these are all humans responding to stimulus and one bank failed and there's panic in the air. Maybe it's related in that way. has been struggling for years following a steady stream of customers pooling their money, which has allegedly slowed but not stopped, according to even their CEO. And the reasons why customers keep pooling money is that they are constantly embroiled in scandals, which have included admitting to defrauding investors, as well as being accused of helping to launder money on behalf of the bulgarian mafia of all the mafia of all the mafias like that i mean look i'm not trying to
Starting point is 00:34:31 you know i'm not even going to say it because i don't want to be on the wrong side of any mafia i respect all mafias equally but just just the word the word having bulgarian mafia thrown on top yeah and then also serving clients involved in drug trafficking and torture. So did they take a, a Hippocratic banking oath where they like agree to serve anyone regardless like criminals, mafiosos, like we bank with anybody.
Starting point is 00:34:57 It's a thing. Yeah. It's a commitment. This is also just more countries than I expected. Like why, why is the Swiss credit Swiss bank mainly run by a Saudi bank and then also funding the Bulgarian mafia? Like, this is a real set of pieces of string across a map with pushpins that I did not expect. Yeah.
Starting point is 00:35:18 It is very true, Alex. Yeah. It's almost like some kind of global conspiracy. Yeah. It's almost like some kind of global conspiracy. But I don't know. I guess so as we're seeing things like this and again, it just feels like it's just one big like wet weather channel where they're just like oh you know just responding to stimulate there's like the predictions are you know all over the place and like i guess i'm just wondering do you see the ideas that you cover and you know you you guys talked in the uh adrienne mar Marie Brown interview about fractals and like this idea of like small changes that aren't just purely driven by profit, like the outside, outside of this system, because it does feel like there's going to be an
Starting point is 00:36:31 opportunity as the, these things fail more and more in the coming years. Like it feels like the economy is not in a great place for long-term., we're really, as the finance people would say, we're highly levered. Right. We have a lot of debt in our economy and the U.S. in particular, the West in general, powered by consumption, which is a consumptive addiction.
Starting point is 00:37:02 We have to keep consumers' confidence up and consumers' spending up. Otherwise, the whole game kind of falls apart. Yeah. And it's a confidence game. You know, if we, our money's not all in the bank, right? I'm not trying to stir up shit. That's just like a mathematical fact.
Starting point is 00:37:19 Right. We never all want it out at the same time, so we can perpetuate stability based on that trust and faith and the full credit of the governments that back these banks. But that trust has eroded. So I am seeing evidence of other systems of trust. Let me talk to you about cryptocurrency and this great opportunity. Oh, good. Yeah. Another sponsor loss. Oh, good. So we've got another sponsor loss. Oh boy, I'll tell you what. No, the donut economics thing that I mentioned earlier with Kate Raworth, that's not just like an academic
Starting point is 00:37:56 out there giving TED Talks about possible ideas. There are cities, Barcelona, Amsterdam, cities in the US as well, who have started to adopt a view of economics that accounts for some of these limits, a lower limit and an upper limit, and tries to set up new measurements. We have a measurement of inflation. We have a measurement of gross domestic product. We have a really questionable measurement of employment and unemployment. And those are kind of like the levers that we use. And then we have a big break and gas pedal on interest rates that the Fed imposes. And the president party kind of doesn't matter,
Starting point is 00:38:38 like the Fed's going to do their thing. And there's a lot more ways we could calibrate our relationship with money and with value. And I even, I joke a little bit about crypto, but we had an episode with this Web3 community, Friends With Benefits, the mayor of that group, just talking about how they've set up the community, not to necessarily buy and trade the coins and get rich off of membership, which is speculation and kind of Ponzi-ish. We're really thinking about a membership club and how you value members, how you recognize that value, how you would encourage a member to bring the cool stuff they want to build to the group. I have an idea. I want to do it. I'm going to do it all by myself
Starting point is 00:39:21 because I don't want anybody else to get paid off of it. That's one way to approach it. Or I could bring it to the crew, maybe it's my family, maybe it's my little club, and get help. And then we share in that. It's still versions of capitalism. I'm not promoting a communist way of thinking, though it would be interpreted that way about people who fear losing control over the current system. But there's other ways to value our relationships and to credit people for what they offer. And our quote-unquote economy now doesn't do that very well. We got a lot of uncompensated labor by women and by moms and by parents in general. What I'm saying, Jack, is you should get paid for this parent-teacher meeting that you're going to today. Absolutely. I mean, I told you, I do the work.
Starting point is 00:40:06 I bring my own spreadsheet to show them. You have a shirt with a collar. You told us, and it's not normal for you. So you probably bought a shirt. You know how hard it is for me to keep this shirt on? I have so many t-shirts that are more comfortable than this button shirt. So you're cosplaying responsible dad that's
Starting point is 00:40:26 right and uh exactly so yeah there there's there's other ways of uh of us relating to to the money thing and to the economy thing we had a whole season of of our podcast on a season two was all about you know how to citizen through the economy yeah it's like hard to show up in citizen when you can't pay the bills. And so what are some other ways we can relate to that that don't involve like violent revolution? Turns out there's a lot of space between violent revolution and what we're living through right now.
Starting point is 00:40:55 A lot of peaceful possibilities. That's really interesting. And I'm also thinking about all the different institutions and models you bring up and how it seems like all of them have less support than banks. The past week or so has really taught me that the government is a first responder if a bank needs something. They are on the ball, they're sliding down the pole of the fire station, they are ready to go. That's a great observation, a sad truth behind it. The way we deal with poverty, there's a lot of people struggling and a lot of folks are made to feel like it's their fault. Yes. It's like, oh, you don't have enough to feed your kids.
Starting point is 00:41:35 You're a bad mom or bad parent. Or maybe you're just living in a bad economic situation. Maybe there's no opportunities where you are. bad economic situation. Maybe there's no opportunities where you are. Maybe the hoops that the government puts you through that they didn't put the depositors of Silicon Valley Bank through could be realigned. It's very expensive to be poor in this country. The amount of paperwork involved in it, you'd need a full-time executive assistant just to be able to afford being poor, just to be able to afford being poor, you know, to get all the benefits you're allegedly due. And so just giving people money in terms of, you know, guaranteed income at certain levels is something that works. And we featured, you know, folks who have those kind of programs
Starting point is 00:42:16 running as well out of Oakland and out of the Southeast of the U.S. Yeah. The fact that the U.S. government basically fired the entire bureaucracy that was built to help you with this stuff, like with all the paperwork, like doing your taxes is way harder here than anywhere else. It's like automatic. Applying for some countries.
Starting point is 00:42:39 Yeah, they just send you a bill. Here's what happens. You get paid, and whoever pays you has to tell the government. Right. And at the end of the year, the government asks you, how much did you get paid?
Starting point is 00:42:49 And you're like, but you already, you already, you're, you're literally, it's in the cloud, bro. Like it's your cloud.
Starting point is 00:42:55 Like, you know, you tell me. And, and then we've created a whole industry of dodging and fudging and deducting and accounting. For most people, it's not required. It shouldn't be required.
Starting point is 00:43:11 And it's making some people very wealthy, but it's making most of us poorer in experience and in hard money. HR and Block are making a killing. The rest of us are just... That's why they lobbied against simplification. Yeah, of course. Just like the people who ran Silicon Valley Bank
Starting point is 00:43:29 lobbied against rules that might have prevented them from taking these risky positions, which sapped the confidence in their holdings. So we keep... It's like we're getting...
Starting point is 00:43:40 I'm going to spin this positively. Jack, Alex, we are being given repeat opportunities to learn a certain lesson. Isn't that good? I've learned the hell out of that lesson. I am on board. I need some other people to learn that lesson. I do feel like as like, you know, just reading like the tea leaves of the zeitgeist like you know you guys talked about on
Starting point is 00:44:05 your podcast that like we are no longer at the place where we're waiting to see the effects of climate change we are now in a world where you are either privileged enough to not be like dealing with the effects of climate change every day or you are feeling them and you're like there there is a tension there there's a tension between like the conversations that we're having and the existing order of people who are just chasing profit like the future be damned and like i'm also seeing you know even though we were never huge fans of elon musk like his kind of embracing of like these like kind of right wing memes and talking points. Like I'm wondering if there's going to be more of a,
Starting point is 00:44:55 like they're going to build out a pseudo intellectual like lattice work that like, I think they already have. And I think it's just like getting more and more popular this like rightward shift of like the people who are in control do you like see all that stuff just being connected in some ways yeah there is a connection and the wealthy and white inheritor of south af. Uh, it's a perfect avatar for this moment. Sure.
Starting point is 00:45:27 Is he really is. He really is. The, the, that infrastructure ideological, it shows up in a place like Hillsdale college, which is very well funded and promoting from an academic lens, anti-critical race theory,
Starting point is 00:45:41 anti-wokeness. So I guess pro sleepness. Right. For, for our way of being. We are, stop woke, stay asleep. Okay. Okay, governor. The best American is a sleep American. And there's a lot of incentive and benefit in the short term for folks to try to preserve and protect something that only accrues value to a few. Yeah. And if you tell the story the right way, the real feeling of loss that a lot of us feel, not just liberals, like all kinds of people are experiencing a sense of dramatic change, dispossession and loss.
Starting point is 00:46:23 The story you tell to explain it is how most people believe it happens. And so there's an infrastructure of storytelling to say, it's a Muslim Mexican from China who is the reason that your gas prices are really high right now. The reason that you can't afford milk. The reason that things just don't feel the way they used to, the reason there's more different folks in your neighborhood now, the reason there's no Jesus. And like the instability we're feeling has other explanations. Ones I think are much more sound and ones that give us an opportunity to try to find stability in all this change. But folks like Elon, you know, they are addicted to attention and that gets attention right now. That counter narrative, that transgressive tone and vibe. It's very,
Starting point is 00:47:11 very wealthy people complaining that they don't have a voice. The guy who owns a social media network is like, I can't be heard. And he is, to someone who has inherited advantage and privilege, anything smacking of equality feels like oppression. Right. And so this guy, he really is an extraordinary avatar for that, that psychology, that frame of mind, which says, I, rich CEO of four companies need a fifth or three companies need a fourth. And I'm going to buy a vocal platform. And even when I sit atop that, if everybody doesn't see all of my tweets, I'm going to literally re-engineer it. People are going to get fired. Yes. And the people who remain are going to stay up all night and hack together a solution so that I maintain my sense of security and value. Now, the real twist is like, I identify with that. I don't like feeling insecure or less valuable. I just don't have the means to impose that on the world
Starting point is 00:48:12 in the way that Elon does. And I think it'd be a really destructive world if we all chose to use our power that way. So his use of power like this really is sad. It actually just deepens the truth of his insecurity. Like you're so fragile that you had to spend billions of dollars, some of your own, a lot of other people. You had to displace a bunch of workers, some of whom have medical conditions and healthcare needs and visa requirements. You had to destroy a ton of economic value because you're so
Starting point is 00:48:43 weak feeling, man, I'm sorry. That's actually a really sad existence and there's nothing to be emulated. There's nothing exciting or proud about that. That's actually someone who's deeply hurt. Yeah. So let's give him a hug.
Starting point is 00:48:58 You know, let's give Elon a big hug and then take all, take his money and give it to poor people. Yeah. Hug and reach into a pocket. Just, yeah, there you go. It's easy. Two steps. No, that is so dead on.
Starting point is 00:49:11 Like when we were talking about times when news is hard or is unpleasant to consume, like I feel like a lot of news in the past few years has been about like deeply sad and warped dudes like Elon Musk. There's no point detailing donald trump's ways where he is that way but like he he used to call places with rumors about what a great guy he is under a fake name you know what i mean like that's just it's just sad even if you agree with everything he's into that is also a bummer about him that's not good to think about. No, there are wounded little boys running around in man suits, inflicting their wounds on the world. And that's infuriating. And there's a part of me that just wants to shame people for that. It's like, how dare you? You should know better. You have resources. You can buy better help. Instead of buying Twitter,
Starting point is 00:50:01 buy the better health therapy platform and work on your shit. You know what I mean? But that's not very compassionate. And I don't think that actually helps. And I think you've brought up Adrienne Marie Brown a few times, Jack. I appreciate that. This conversation about fractals that we had wasn't just some esoteric chat about artistic patterns in the world.
Starting point is 00:50:23 But there's some mathematical realities that very small level patterns repeat at very large scales. And we can see it in this kind of AI looking art, but we can also see it in biological structures. And I think in behavior, it starts at home. Like Trump came from a house. He came from a neighborhood. He came from a school.
Starting point is 00:50:42 He came from TV shows where there were producers and executives who all modeled or encouraged or at a minimum allowed this behavior such that we all get to experience it at the large scale. Right. And so the reverse has to be true, too. If we concede more compassion, you know, these these dudes that shoot up these schools and theaters and everything, a lot of them are hurting. these dudes that shoot up these schools and theaters and everything, a lot of them are hurting. I heard one interview with this kid and he's not, it was a quote. He's like,
Starting point is 00:51:11 he was in such a depressive pain. And he was like, I guess I have to be a school shooter. Right. Right. Like it was like a job description that he was destined to because of his pained emotional state. And so like, that's one outcome.
Starting point is 00:51:24 I guess I have to be mean like one outcome. I guess I have to be mean like Donald Trump. I guess I have to be callous like Elon Musk, because that's what you do with your pain because we're not educating, you know, ourselves on other ways to handle it. So it's, it's real ugly and nasty. And I want to be super, I am really frustrated at it, but I'm also like, I've felt those feelings myself too. Yeah. And I'd be lying if I said that like, I'm that different from Elon Musk. We're still both human beings.
Starting point is 00:51:51 Yeah. Again, I just don't have the wherewithal, the resources to act out the way he does. And for many of us, we would be met with a different response if we did. Somebody would smack me down well before i made it to the elon level of the game oh no you have different rules you have different rules you can't do that yeah we we talked like all the way back on the cracked podcast about when trump was just running for president we were talking about how it seemed like this narcissistic personality disorder was the new like cheat code for american fame and capitalism and i think we've seen that like that
Starting point is 00:52:36 that's really where the fractals thing makes sense to me is that at a very personal level like you said thinking about what all the things that happened in his life to shape him into that person, but then that just getting exploded and turning our entire civilization, like the nervous system of our nation into like a replica of what he values and what is broken inside of him but you know
Starting point is 00:53:08 we we've definitely seen in other times like you were saying earlier like we've seen in other time periods the opposite that like people who have great values and great courage can then lead entire movements that have very small and simple beginnings. So, and, and, and without, you know, it doesn't require celebrity or like the scale of millions for us to experience that we, we can do it now. Yeah. Right. Like we can show up, you know, there's, I had moments in my painful, literally painful interaction with this airline, with this airport of, you know, I feel in my inner Elon, like I didn't pay for this. I don't deserve to be treated like this. Yeah.
Starting point is 00:53:55 This is effed up. Yeah. And I deserve and me, me and my mom. And I felt that a lot. And it's not like every moment I'm all like zen about it. But there are times when I could also look to my fellow passengers and we just had to laugh. Yeah.
Starting point is 00:54:09 And be exhausted with the fury. And there was another emotion we could tap into and feeling that connection. Like we're sharing this moment together and seeing people help each other. And, you know, people like, I look like I'm very able-bodied and folks had to be paying attention to know that I was struggling. And it almost brought me to
Starting point is 00:54:31 tears to have like someone much older than me help me with my bags. And that's just like, man, I'm not, I'm not used to asking for help. It makes me feel a certain type of dependency or weakness. And then, but we feel stronger together when we acknowledge that. And so like, it was a gift to that dude to let him help me. And that was his way of participating in this moment in a way that maybe channeled his rage into something more productive, which is like mutual aid instead.
Starting point is 00:54:59 Yeah. So there, you know, Gandhi's great. You know what I'm saying? Like Obama on a good day. Right. You know, Michelle, better. But like there's somebody at your kid's school, Jack, right? There's somebody who lives next to you, Alex. Like there's somebody maybe in each of our homes who, you know, is already giving us an opportunity or showing us how to model that energy that we do want to see replicated at the larger scale. how to model that energy that we do want to see replicated at the larger scale and if we all show up that way we'll produce you know something that's the inverse of a musk or a trump yeah so let's let's go that's right and and also with all the men we've been talking about like our
Starting point is 00:55:39 our friend jason pargin was posting the other day about the idea that men especially american men are just kind of taught that asking for help in any way makes you a burden on other people and is really discouraged. And so it seems to develop a lot of these negative figures being male and also then as the rest of us, if we're male, I think it's good to be cognizant of that extra barrier we might be carrying to doing this kind of thing. Yeah, we can put some of that burden down. It's very, uh, it's very weak to be unwilling to acknowledge moments of weakness. Yeah. Yeah. It turns out it's, it's actually turns on itself. And, uh, so yeah, there's been many men I'm thinking about creed right now, which I haven't seen yet, but Jonathan Majors, Michael B. Jordan, all these, you know, photos and posters of them embracing, having flowers and stuff and still being jacked. Like masculinity is, is much more holistic than, um, than we've
Starting point is 00:56:39 been miseducated into believing. And, and know as a black dude like we've been heaped upon with a lot of ideas of what our masculinity and brutality is supposed to be aka the same thing right but there's every every flavor of man is up against some image that isn't realistic realistic it's it's this um hyper real and stereotypical and damaging yeah whether it's like homosexual heterosexual whether it's softness versus hardness whether it's yeah it's intellectual pursuit versus physical pursuit like manhood is all that yeah rocky well we just started a movement yeah look at us manhood is all that. That's right. Hit that domain name. Amen. All right. Thank you guys both for sharing all that. Let's take a quick break and we'll be back to talk about Netflix real quick. We'll be right back.
Starting point is 00:57:40 I'm Jess Casavetto, executive producer of the hit Netflix documentary series, Dancing for the Devil, the 7M TikTok cult. And I'm Clea Gray, former member of 7M Films and Shekinah Church. And we're the host of the new podcast, Forgive Me For I Have Followed. Together, we'll be diving even deeper into the unbelievable stories behind 7M Films and LA-based Shekinah Church, an alleged cult that has impacted members for over two decades. Jessica and I will delve into the hidden truths between high control groups and interview dancers, church members, and others whose lives and careers have been impacted, just like mine.
Starting point is 00:58:15 Through powerful, in-depth interviews with former members and new, chilling first-hand accounts, the series will illuminate untold and extremely necessary perspectives. Forgive Me For I Have Followed will be more than an exploration. It's a vital revelation aimed at ensuring these types of abuses never happen again. Listen to Forgive Me For I Have Followed on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Hey, I'm Gianna Pradente. And I'm Jemay Jackson-Gadsden. We're the hosts of Let's Talk Offline, a new podcast from LinkedIn News and iHeart Podcast. Hey, I'm Gianna Pradente. And I'm Jemay Jackson-Gadsden.
Starting point is 00:58:50 We're the hosts of Let's Talk Offline, a new podcast from LinkedIn News and iHeart Podcasts. When you're just starting out in your career, you have a lot of questions. Like, how do I speak up when I'm feeling overwhelmed? Or, can I negotiate a higher salary if this is my first real job? Girl, yes. Each week, we answer your unfiltered work questions. Think of us as your work besties you can turn to for advice. And if we don't know the answer, we bring in experts who do, like resume specialist Morgan Saner. The only difference between the person who doesn't get the job and the person who gets the job is usually who applies. Yeah, I think a lot about
Starting point is 00:59:21 that quote. What is it like you miss 100% of the shots you never take? Yeah, rejection is scary, but it's better than you rejecting yourself. Together, we'll share what it really takes to thrive in the early years of your career without sacrificing your sanity or sleep. Listen to Let's Talk Offline on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. I'm Keri Champion, and this is Season 4 of Naked Sports, where we live at the intersection of sports and culture. Up first, I explore the making of a rivalry,
Starting point is 00:59:54 Kaitlyn Clark versus Angel Reese. I know I'll go down in history. People are talking about women's basketball just because of one single game. Every great player needs a foil. I ain't really near them boys. I just come here to play basketball every single day, and that's what I focus on. From college to the pros,
Starting point is 01:00:08 Clark and Reese have changed the way we consume women's sports. Angel Reese is a joy to watch. She is unapologetically black. I love her. What exactly ignited this fire? Why has it been so good for the game? And can the fanfare surrounding these two supernovas be sustained? This game is only going
Starting point is 01:00:28 to get better because the talent is getting better. This new season will cover all things sports and culture. Listen to Naked Sports on the Black Effect Podcast Network, iHeartRadio app, Apple Podcast, or wherever you get your podcasts. The Black Effect Podcast Network is sponsored by Diet Coke.
Starting point is 01:00:44 The Black Effect Podcast Network is sponsored by Diet Coke. And we're back. I don't know if you guys can hear the parent-teacher conference means the kids are home and they are in the back expressing themselves. I think it might. Alex, I don't hear anything. Do you? I don't hear anything, no. Yeah. This is the moment. Jack just admitted that my kids aren't real. No, no, it's okay. You hear them in your head. Yeah, exactly.
Starting point is 01:01:12 And that's cool. He might need a little rest. That's right. There's nothing weak about admitting that, Jack. Very manly of you. Yeah. So real quick, because we had talked about the fact that there was a netflix 150 million dollar rom-com that was being ordered directed by romantic comedy titan nancy myers who directed movies like it's complicated the holiday wrote the father of the bride and the the budget just didn't really make sense to me just because I'd never heard of a rom-com being at that budget. It's not like they need a lot of CGI and cranes and going to Budapest. It's not Mission Impossible.
Starting point is 01:01:56 So our writer, J.M. McNabb, went and did some research on this. Whoa, whoa, whoa. Can I just pause you right there, Jack? You have someone on staff who goes and researches things before just pause you right there jack you have someone on staff who goes and researches things before you talk about do you believe it okay that is way too responsive he does a great job fascinating one and he's canadian so he's not swept up in all this bullshit you know he's got a great perspective on everything the listeners will be hearing from him in the trending episode,
Starting point is 01:02:25 I think, later today. Nice. I do like imagining Canadian information comes from some pristine spring in the north, like some beautiful artisanal Canadian information. I always thought it was funny that Canadians had some of the funniest people when it came to making observations or, you know, creating characters based around like things that we thought of as stereotypically like American pop culture. And like, I think there is like having that remove and just being like, well,
Starting point is 01:02:57 this is absurd from, from a very young age is probably, it's probably helpful. But anyways, he, he pointed out that you know that while the rom-com ticket to paradise with george clooney and julia roberts cost 60 million dollars so that's less than half of what netflix was even offering clooney and julia roberts yeah huge names
Starting point is 01:03:21 right so but the thing that's happening here is in a theatrical movie, they can give these movie stars like points on like a portion of the profit. So that keeps the budget. The back end. The back end. Points on the back end, baby.
Starting point is 01:03:40 And so that's how these budgets stay low. Whereas with Netflix, they do not do that. And so everybody has to be paid up front. And that's why these Netflix budgets are like so wild. Yeah. So that you have to get paid up front all the money you might ever make for the life of the film. Yeah, exactly. make for the life of the film. Yeah, exactly. So then what I would love to see from your fancy Canadian is, you know, $4 to $60 million upfront fee in the traditional model. Like what's that back end add up to?
Starting point is 01:04:15 Sure. And for kind of like the total payout associated with the lifetime budget, if you will. Yeah. In Netflix, the lifetime budget happens in a moment. In a traditional film, it happens over, let's say, 15 years, maybe? Yeah. So what's the expected value over 15 years?
Starting point is 01:04:33 And let's see if your neighbor to the north can handle that complexity. I would guess it's probably, like in the case of Ticket to Paradise, they probably were getting each, like, probably $30 million on top of like i i think that budget probably would have been more like if it was being made for netflix would have been more like 100 and 100 million if only we had a way to know these things right yeah well well i
Starting point is 01:04:57 mean i'm i'm using the netflix's proposed budget for this nancy myers film was 130 million and she was like i need it to be 150 million and they were like deals off so they they had that number was apparently coming from somewhere on their end do you think that uh that nancy myers and her team regret holding that line i don't know that's a great question did you think like netflix might have count you think oh they'll counter yeah and they're like and there's like no we're good we actually
Starting point is 01:05:27 told you 1.30 we meant it anyways good luck at Hulu yeah but so a lot of people were making
Starting point is 01:05:33 I do almost wonder if like this story is almost a trailer for this future movie whenever it happens you know what I mean like this is the origin story
Starting point is 01:05:40 of this I like that it was like the movie too amazing for Netflix and that was in theaters. That's true.
Starting point is 01:05:47 Like now I care about it. I just wanted, they should call it Watch What We Did With The Extra 20 Million. That's right. I mean, I would watch that.
Starting point is 01:05:56 I'd be like, I'm so curious like how this math sound as a VC might say. Yeah, absolutely. It's the same movie but Iron Man walks through one time just really quickly. say. Yeah, absolutely. It's the same movie, but Iron Man walks through one time
Starting point is 01:06:05 just really quickly. Right. Yeah. And they have insane music scoring. You know, it's like they licensed everything. One of the dates takes place on the helicarrier from the Avengers because Scarlett Johansson
Starting point is 01:06:18 was supposed to be in it. So it only makes sense. All right. Well, Baritone Day, such a pleasure having you on the Daily Zeitgeist as always. Where can people Well, Baratunde, such a pleasure having you on The Daily Zeitgeist, as always. Where can people find you, follow you, hear you, all that good stuff? They can find me on the internet, wherever Baratunde's are found. I am all of them. I've
Starting point is 01:06:37 made sure. But the show is How to Citizen. That's the most current accessible thing, howtocitizen.com. And they're obviously listening to a great podcast right now. So just flip that dial like the Gen Alphas would say and tune into the How to Citizen Jam on that. And I write at Puck. We didn't talk anything about that, but I do a lot of long form writing over there. Yeah. And I'm really having fun exploring topics of artificial intelligence plus racism, which sometimes are in the same article.
Starting point is 01:07:08 Yeah, otherwise, just smile. Be grateful for things and take it easy on yourself. The world is hard enough. Yeah, yeah. Is there a work of media that has been allowing you to take it easy on yourself? All right. So, Ain't No Mountain High Enough, as performed by Marvin Gaye and Tammy Terrell. This song almost came out of a divine inspiration
Starting point is 01:07:32 moment. All roads lead back to Dallas-Fort Worth International Airport. So I'm storming through this airport in pain, in anger for the last plane change. And I click my little AirPod, because I'm fancy, to resume listening to a podcast about the history of racism masquerading as concern for abortion by the evangelical base in this country. Really light stuff. Perfect for the mood I was in. There you go. And my phone was like, you don't need to hear that.
Starting point is 01:08:02 You need to hear this. And I don't know why this happened, but this song just started playing in stereo in my head. And it was like, ain't no mountain high enough, ain't no valley low enough to keep me from you. And it was just, it was great. It was a real mood booster. It reminded me that whatever experience we're having, we can shift the experience of it. Even a very negative one. And I found myself smiling and I sent my wife the song. I was like, I'm going through all this for you. But I said, love, and she took it with love. Hopefully it wasn't a voice memo.
Starting point is 01:08:36 Yeah, not blame. If it weren't for you, I wouldn't be going through it. No, I didn't say that. I said, nothing can keep me from you, even this black hole of an airport and this joke of an airline. So I recommend that there's a great YouTube video of the two of them actually singing it, but you can find it on your streamer of choice, whatever you already pay for, have free access to and enjoy yourself. There you go. Alex Schmidt, what a pleasure having you as co-host for these past couple of days. Where can people find you, follow you, all that good stuff? Yeah, it's been such a joy being here. And yeah, I make Secretly Incredibly Fascinating,
Starting point is 01:09:12 the podcast with my co-host Katie Golden of Creature Feature fame and other things. Really love making that. If you search Secretly in your podcast app, you'll find it. And I don't think I said yesterday, I've been writing a monthly column for 1900hotdog.com, which is a wonderful comedy website if you miss how comedy websites used to be it's a really good one and it has the the wackiest name i've come across yeah that i'm that's great i'm definitely checking
Starting point is 01:09:36 that out that's yeah you're reminding me of internet comedy of your just with that title so yeah fantastic yeah that's what they're going for it's from some of the great comedy writers of internet of yore so it's awesome yeah oh and media tip i i've really been enjoying gilmore girls had never seen it it's great it's streaming on netflix in the u.s nice all right you can find yeah jack where can we find you what's your name i mean obviously at the parent teacher conference who little. Who, little old me? Yeah, after. You can find me on Twitter at Jack underscore O'Brien
Starting point is 01:10:09 here twice a day over on Miles and Jack. I've met Boosties, our weekly NBA podcast, and yeah, I've been enjoying Secretly Incredibly Fascinating and How to Citizen. Look at this panderer
Starting point is 01:10:25 look man I have a lot of people on here with a lot of podcasts but it's food for the soul both of them highly recommend that's great go check them out you can find us on twitter at daily zeitgeist we're at the daily zeitgeist on instagram we have a facebook fan page and a website
Starting point is 01:10:41 dailyzeitgeist.com where we post our episodes and our footnotes where we link off to the information that we talked about in today's episode, as well as a song that we think you might enjoy. Super producer Justin, is there a song that you think people might enjoy on this Thursday morning? Yeah, considering our discussion of capitalism and uncompensated labor and the fucked up tax system running rampant i thought of this song uh it has a peter gabriel pink floyd 80s white guy bass type of vibe it sounds like the sounds like the opening of a modern day miami vice and it repeats the line money ain't no good to me and it's great uh so you can check the song out it's called money by leisure and you can find that song in. It's called Money By Leisure.
Starting point is 01:11:25 And you can find that song in the footnotes. Footnotes. The Daily Zeitgeist is a production of iHeartRadio. For more podcasts from iHeartRadio, visit the iHeartRadio app, Apple Podcasts, or wherever you listen to your favorite shows. That's going to do it for us this morning. Back this afternoon to tell you what's trending. And we'll talk to you all then.
Starting point is 01:11:40 Bye. Talk to you all then. Bye. I'm Jess Casavetto, executive producer of the hit Netflix documentary series, Dancing for the Devil, the 7M TikTok cult. And I'm Clea Gray, former member of 7M Films and Shekinah Church. And we're the host of the new podcast, Forgive Me For I Have Followed. Together, we'll be diving even deeper into the unbelievable stories behind 7M Films and Shekinah Church. Listen to Forgive Me For I Have Followed on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Starting point is 01:12:15 I'm Keri Champion, and this is Season 4 of Naked Sports. Up first, I explore the making of a rivalry. Kaitlyn Clark versus Angel Reese. Every great player needs a foil. I know I'll go down in history. People are talking about women's basketball just because of one single game. Clark and Reese have changed the way we consume women's sports. Listen
Starting point is 01:12:33 to the making of a rivalry. Kaitlyn Clark versus Angel Reese on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Presented by Capital One, founding partner of iHeart Women's Sports. Hey, I'm Gianna Pradenti. And I'm Jermaine Jackson-Gadson. We're the hosts of Let's Talk Offline from LinkedIn News and iHeart Podcasts. There's a lot to figure out when you're just
Starting point is 01:12:54 starting your career. That's where we come in. Think of us as your work besties you can turn to for advice. And if we don't know the answer, we bring in people who do, like negotiation expert Maury Tahiripour. If you start thinking about negotiations as just a conversation, then I think it sort of eases us a little bit. Listen to Let's Talk Offline on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

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