Back to episode — Episode 2307 Scott Adams - CWSA 11/2/23 When Woke Becomes The Joke, Putin Makes A Funny Play, More!
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There's a really good reason. A really, really good reason. Because we think our military isn't up to fighting. I think that we don't think our military is up to the job. And I think that we have to create doubt in other countries that we have a super weapon. Because you know nuclear war is so scary that you kind of assume that none of the superpowers are going to use a nuke. But what if you had a…
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How about easily? Easily could be that that's part of the op, to have some people pretend to say it's real. If you're our government, don't you think you could tell people, look this is going to be an op. You're going to pretend it's real and you're going to do it under oath, but we will protect you. So you're basically pre-pardoned, right? You could do that, couldn't you? Couldn't the whistleblowers have sort of a presidential pardon in their back pocket so that they could do something that's clearly illegal but it has national security reasons so they do it anyway? I don't know. I feel like they could.
The other possibility is that some of them think there are aliens because some of the whistleblowers have never touched an alien spaceship. I don't know that, but I'll bet they've never touched one. I'll bet they all talked to a boss or somebody who said they saw one. I'll bet it's a whole bunch of stories that their coworker told them that they saw UFOs. I'll bet it's more like that. I'm still waiting to see the whistleblower who put his hands on an alien spaceship and like touched it. Still waiting. Yeah, I don't believe it's real.
There's a rumor that Mark Cuban might be prepping to run for president because he's making some big moves in his business life. He sold the majority stake of the Mavericks, and he's reportedly — I saw somewhere else that he was leaving his TV show as well. Now I don't think that indicates he's running for president. I would say those signals could. A Shark Tank? Yeah, and by the way is that confirmed that he's leaving Shark Tank? I saw it on the internet so I don't know if it's true. I'm going to say these are not moves to run for president. It could also be that, but to me it just looks more like.
All right, do you remember when we were talking about Trump's legal jeopardy for value, overvaluing some say his assets to get a bank loan? Do you remember what I told you about that? And I said as soon as a banker, what bankers do, it'll all go away. And I told you I was a loan officer for years, and loan officers do not depend on the opinion of the borrower for what anything is worth. Not ever. In fact it's the number one thing that a loan officer does. The loan officer's number one job is to distrust the borrower. That's like the old job.
So sure enough a senior officer from Deutsche Bank — Gateway Pundit is reporting this, Christina Laila — so they finally get a real banker in there, a banker who can actually tell you what a banker does. And so it's a Deutsche Bank executive, and here's what he said. Well, he testified that Trump's stated values, his asset values, are merely an opinion, and a difference of opinion in asset values does not disqualify the potential borrower from a loan. Now that's a nice way to say it, that a difference of opinion about what you value things doesn't disqualify you for a loan.
Do you remember when I told you that if I'm giving somebody a loan and they've got a cash flow projection of how much they'll make if they build their new building or whatever, the first thing you do is reduce it by two-thirds. It's the first thing you do. And you see if they can still pay for it if they have one-third of what they think they would make in money. So my opinion as a lender is that you're full of it. There's no way you're going to make that much cash flow. So I reduce it to my opinion and then I approve it because sometimes one-third is enough. It might be plenty. So it's very routine. I mean it's not super common, but it's well within what I would call routine business that your opinion and the borrower's are wildly different. Again I'm not talking about reducing it by 10%. I'm talking about ordinarily reducing it by half or two-thirds. Just ordinary. And then you see if they can still get the loan, you give it to them. And that was the situation with Trump.
He worked on at least one of three loans for Trump, and he said that it's quote atypical but not entirely unusual for the bank to cut a client's stated asset value by 50% — literally exactly what I told you — and approve a loan anyway, as it did with Trump.
Now this is the biggest indictment of the American media and the Democrats that you will ever see. Correct me if I'm wrong. The only person you ever saw talking
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about this before now who was also a banker was me. Am I wrong? Did you see any news network, left or right, have a banker on who explained how a banker makes a loan? I'm literally the only person in the world who told you that. Do you know how many people knew it? Let me ask you this. Do you think Jamie Dimon didn't know this? Of course he did. Of course he did. Do you think Warren Buffett didn't…
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