WEBVTT

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Music.

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We'll go back to New World next week. I'm James Corbett of CorbettReport.com.

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And I'm James Evan Palato of MediaMonarchy.com.

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Honestly, for me, I like the human element, the old way of doing it.

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We've got that all-star story, plus weapons reserves.

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But first, first crypto bill vote fails to get 100% re-thug-looking support despite Trump's call.

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Grabbing this from Cointelegraph, James, which, have I said,

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always to me looks like Cointelegraph.

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Cryptocurrency-related bills backed by U.S. President Donald Trump failed to

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clear a key procedural step in the House of Representatives on Tuesday despite

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the president's threats and a public push for action.

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Trump had urged Republican lawmakers to get the first vote done this afternoon

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on legislation to regulate payment stablecoins as part of a larger effort to

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pass crypto legislation before they all go on August recess.

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In a Tuesday post on the social media platform he owns, Trump ordered all Republicans

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to vote yes on the Guiding and Establishing National Innovation for U.S.

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Stable Coins Genius Act, a bill designed to regulate payment stable coins in the U.S.

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The legislation is one of three bills, along with one to address market structure

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and central bank digital currencies that Republican House leaders have been

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pushing as part of the party's crypto week plans, which this is really the first I'd heard of that.

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The president, the crypto week, the president may have been referring to a house

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resolution to consider the three bills and a defense bill, which failed to get

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support from a majority of lawmakers present on Tuesday.

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At least 13 Republicans may have voted against the resolution,

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the genius act, which passed through the Senate in June with bipartisan support,

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despite initial resistance from many Democrats That's expected to head to a

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floor vote in the House. That was on Tuesday.

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Under personal scrutiny, and it's not for the only reason on this episode or

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this week, for his role in pushing the stablecoin legislation due to his involvement

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in his family-backed crypto company,

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World Liberty Financial, WLF,

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which sounds like WWF, which issued its own stablecoin and suggested a conflict of interest.

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Something we'd all get mad about if Pelosi was doing it.

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Bloomberg reported on Friday that Binance helped create WLF's USD1 stablecoin,

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also used by an Abu Dhabi investment firm to settle a $2 billion investment in the crypto exchange.

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World Liberty Financial has received a significant portion of its funding from

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overseas, which has brought about serious ethical and national security concerns,

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said California Representative Maxine Waters' office.

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You know, again, you know you're not doing well when CNN or Maxine Waters is dunking on you.

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Foreign investment is not just a business deal. It's a direct payment to the sitting U.S.

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President with the goal of currying favor and influence within the White House.

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I mean, I was going to say, oh, geriatric Congress critter crazies.

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Who cares what they think? But they're right.

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Broken clock. Many Democratic leaders have responded to Republicans' push for

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the digital asset bills with their own anti-crypto-corruption-weak agenda.

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Boo, Coke, drink Pepsi. They're calling for amendments in the three bills to

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address consumer protection and prevent the president, the vice president,

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and members of Congress from holding or promoting crypto over concerns with conflict of interest.

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So say things they don't have a personal stake in. And can we just say,

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kids, you're both just the worst.

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In related news, James, Bitcoin creator Satoshi Nakamoto is the world's 11th

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richest person, if they exist at all.

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James, this sounds like another kind of situation. Again, you talk about the Bitcoin psyop.

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This sounds like another situation of stealing the real and selling us back the fake.

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Bitcoin, in this case, being the real.

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You know, I would only disagree only to say, well, Bitcoin, I think,

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maybe used to be the real or potentially could have been the real.

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But I think they stole that from us, too.

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And if people want more on that, there is an excellent book by Steve Patterson

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and Roger Veer called Hijacking Bitcoin that goes through exactly how Bitcoin was hijacked.

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And they stole that real or at least potential real and gave us the fake.

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But here's the second order of that, because the system just keeps going and

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propagating itself. And for people who do not understand the stablecoin PSYOP

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and what is going on right now, there's more that you should definitely learn about that.

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So in my own humble attempt to spread awareness of that, I recently wrote Bitcoin

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$100,000, what does it mean?

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In which I talked about the stablecoin PSYOP and what it's about.

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But people who want even more depth of detail on that should,

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of course, go to Mark Goodwin and Whitney Webb, who co-authored a series of

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articles on this last year, including Trump embraces the Bitcoin dollar.

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Stable coins to entrench U.S.

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Financial hegemony. So long story short-ish.

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And you really should go to these articles for more detail on this,

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but this is a win-win for the oligarchs because they not only get to continue

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to inflate the never-ending,

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never-stopping monetary bubble,

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and they not only get to tokenize that debt for the blockchain era,

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and they not only get to find a way to solve the problem of how to continue to propagate the U.S.

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Dollar hegemony into the 21st century amidst the death of the petrodollar,

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which people will remember was the system that Henry Kissinger jury-rigged in

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order to save the dollar after the collapse of Bretton Woods,

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so to keep that can kicking down the road.

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But they also provide a way for people like the Trumps and other families to

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get involved in monetizing this

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never-ending big beautiful bubble that is being blown by the oligarchs.

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So it is win-win for the oligarchs and the broligarchs, by which I mean ka-ching ka-ching.

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Anyway, there's a lot more detail. I'll throw that in the show notes if people

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want to start reading in on this, but I think I'll have more to say on this in the future.

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James, I just glanced over at this moment as we speak.

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Bitcoin is right now at $118,000 right now.

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So it is booming. Or like the meme I saw in my members' memers room earlier,

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Bitcoin's kind of booming.

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It's more a show that the dollar is dooming, if you will.

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I've heard it put in a way that stable coins are anything but due to their inability

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to consistently maintain their peg to the assets they are supposed to back.

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This is not financial advice. I am not a lawyer.

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I'm James Evan Palato of MediaMonarchy.com, and this is episode 597 of New World Next Week.

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And if you're wondering, if you feel like you miss out, like what's a great

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way that you can make some of that scratch?

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Sell weapons to both sides of a conflict. Trump to send 300 million in weapons

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to Ukraine drawn from the Pentagon Reserves.

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The pentagram, as I like to call it. Grabbing this from ronpaulinstitute.org for the first time.

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Once and future king, D.J. Trump set to use his authority to send weapons directly

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to Ukraine from Pentagon Reserves.

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Reuters reports, citing two sources familiar with the matter after last week's

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brief halt in shipments and now subsequent reversal.

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Until now, the Trump administration had only transferred arms that were previously

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approved during Brandon's prior term.

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Trump is likely to use the Presidential Drawdown Authority, PDA,

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which enables the president to quickly provide military aid in emergencies,

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despite long-running fears that America could lack for key military hardware

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of fighting its own wars against a major power. It remains that the U.S.

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Has not fought a direct war with a great power in quite some time going back to the World War II era.

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Trump this week indicated he would send more weapons to Ukraine amid intensifying

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Russian advances and aerial strikes after the prior week saw hundreds of drones sent nightly.

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More than three years after Russia's invasion of its neighbor,

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Trump's team will identify arms from U.S.

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Stockpiles to send to Ukraine under the presidential drawdown authority,

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the sources said, with one saying they could be worth around $300 million.

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This is expected to include Patriot air defense missiles and medium-range rockets,

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which is somewhat surprising and alarming given the amount of patriots the Pentagon

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has just blown through defending Israel amid all those Iranian attacks.

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According to The Guardian, the United States only has about 25% of the patriot

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missile intercepts it needs for all of the Pentagon's military plans after burning

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through the stockpiles in the Middle East in recent months,

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an alarming depletion that led to the Trump administration freezing the latest

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transfer of munitions to Ukraine.

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Do you remember, we used to be able to say, Obama dropped the most bombs ever.

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He ran out of bombs. And then Trump did even worse than that.

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As has been noted earlier, U.S. weapons manufacturers can only produce approximately

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500 Patriot missiles per year. The U.S.

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Stockpile, they can't GMO more of them. The U.S.

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Stockpile of air and missile defenses have been drained to aid Ukraine during

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the war with Russia, missile interceptors are in short supply in the West.

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Trump's fresh up to $300 million infusion would reverse Defense Secretary Pete

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Hegseth's decision to pause shipments while a more thorough review can be made

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after he expressed wariness of expanding support to Ukraine,

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which I think a lot of people who voted for MAGA were also expressing their not support for this.

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Trump asks Zelensky if he could strike Moscow if the U.S. provided longer-range

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weapons. This seems fairly inflammatory.

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Trump later denied he was sending long-range weapons to Ukraine and said that

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Ukraine shouldn't target Moscow. Now that you found me out.

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And U.S. weapons supplies to Ukraine never stops, says those bastards at the Kremlin.

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The arms deliveries have continued despite claims of disruptions.

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Spokesman Dmitry Peskov has said.

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James, the situation just keeps getting worse.

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It certainly does, but I'm thoroughly confused because, James,

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isn't this the war that was absolutely going, he was going to end on day one

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of his new administration, right?

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And he, he, all he had to do was make a phone call because he knew exactly what

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to say to Zelensky and Putin to get this all called, oh, wait,

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no, oh, that was all fake news. No, of course he never promised that.

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And what, Trump lying to the gullible rubes who would vote him into office in

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order to gain power? Or we certainly don't have any relateds that will flesh

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that out in any greater detail, right?

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Anyway, yes, I am not going to use the canard, which you've pointed out,

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I've pointed out before.

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People always use, oh, this is just a distraction from that.

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But while you were busy with other stories, and for good reason,

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like the Epstein story, yes, the Russia-Ukraine conflict continues to rage on,

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in fact, seems to be escalating at the moment.

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Just a couple examples of stories that are floating through the news.

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Wires as we're recording this, Russia unleashes most massive attacks since war's

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start on Zelensky's hometown.

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But on the flip side of that coin, Ukrainian hackers claim to have destroyed

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major Russian drone makers' entire network.

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So who knows? Fog of war. There's a lot of PR that goes around that may or may not be true.

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But at any rate, there are major things happening in the Russia-Ukraine conflict,

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and I think it deserves a bit of attention.

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And on that note, and especially on the note of the drone strikes.

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I will be writing specifically about that in my editorial this weekend so people

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can stay tuned for more on this, which I think is an incredibly important conflict

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because it is increasingly showing us the future of warfare itself.

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It kind of looks like Syria has turned into a hot war situation as well.

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But in those Donfrey-Trumpstein updates that you were referring to,

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Democrats gloat as MAGA world explodes over the Epstein files.

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They were on Pam's desk, but there's no desk here, you crazy conspiracy theorist.

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Trump calls Epstein conspiracy a hoax, turns on MAGA weaklings.

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He sure does turn them on. oh wait you mean he's now turned against them that

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coming from the guardian and again and

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rightly so rightfully so of course and i made the joke

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what last week the democrats don't want to look at

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of course epstein's relationship to bill clinton and all

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of their people but it looks like they're willing

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to go that way just to get trump and

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why not absolutely our third

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and final story on this new world next week episode 597

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here in summer and hope that you

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you wherever you are out there i hope you're doing

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safe and sound and then you're not freaking out because the world would like

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you to freak out and think everything's gonna fall apart but you got the power

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within you and we appreciate you being here we've been doing this for over 15

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years this new world next week have we yeah we've cracked yeah we're over i

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think over 15 years james so what might seem,

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I guess, like a dumb summer story, and it is, but it has wider implications

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and again sort of speaks to the massive changes that we might see.

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Major League Baseball putting automated balls and strikes to the test in the

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All-Star Game this week. Some pitchers not thrilled.

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The hottest topic in Atlanta this week ahead of the Major League Baseball All-Star Game.

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They kind of take a break and all the best players do an exhibition game against

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each other. None of it counts.

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They do the home run derby as well. It's just kind of the fun break time.

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The biggest topic wasn't a player or a coach or a manager. It's not even human.

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For the first time, the Midsummer Classic is going to be using automated technology

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to allow pitchers, catchers, and batters to challenge the call of balls and strikes,

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a system that's already been in use in the minor leagues and in spring training,

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but had never been put in place at a major league park.

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It's a technology that has the potential to revolutionize the game,

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a system that might forever change one of the ficklest parts of an incredibly

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fickle game, the ever-changing,

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unpredictable strike zone put in place by all two human home plate umpires.

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This is where we'd see the Leslie Nielsen naked gun late calls of safe and dancing around.

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According to MLB, the challenge system will have the same rules as were used in spring training.

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Each team starts the game with two challenges and they keep their challenges

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if you're deemed to have won your challenge.

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Only the pitcher, catcher, and hitter can challenge a call and the system is

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put into place when one of those players...

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Taps the top of his cap twice. When a player would challenge a call,

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the game would pause and attention would turn to the stadium's massive screen

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beyond right center field.

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A virtual simulation of the pitch would be shown along with the box, the little strike zone.

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If you've seen baseball on TV, you've seen the little digital outline there,

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right there at the strike zone.

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And the technology would rule if the ball fell with or outside that box.

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Play would then resume after the short break. The phrase used most on Monday

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when discussing the technology was an iconic one in baseball lore, The Human Element.

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It's one of the things that can make baseball so perfectly imperfect the ability

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of umpires like the hated C.B.

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Buckner or Phil Cousy to simply get it wrong and have a massive impact on a game.

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Sidebar, a pitcher is being investigated for maybe cheating,

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making bad pitches on purpose to help out Las Vegas.

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The Human Element is one of baseball's quirks that give the nation's pastime its identity.

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But you could also argue nobody likes baseball. They hated it.

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Slow and boring. That's why they've added the pitch clock to speed everything

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up over these last couple of years.

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When baseball went on strike in 1994, they never, ever recovered their popularity.

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Basketball ever since then has only become way more popular in the States.

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Chris Sale, the Atlanta Braves pitcher and reigning National League Cy Young

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Award winner, said, honestly, for me, I like the human element.

00:16:38.261 --> 00:16:41.221
I don't think the abs is a perfect system i like

00:16:41.221 --> 00:16:45.741
the old feel the old way of doing it james's this is kind of why fight clubs

00:16:45.741 --> 00:16:53.781
get crafted i guess so i i guess so but you know i'm not misreading this so

00:16:53.781 --> 00:16:57.841
it's not going to be every pitch is going to be judged by the robots it's just

00:16:57.841 --> 00:16:59.581
if it's if it's challenged right.

00:17:00.545 --> 00:17:03.445
Correct. Correct. If someone taps their head twice.

00:17:03.905 --> 00:17:08.265
Right, right, right, right. So, OK. I mean, yeah, I look, I'm a big defender

00:17:08.265 --> 00:17:12.185
of the human element, although in this case, it just seems like it's just a

00:17:12.185 --> 00:17:16.545
challenge. But if and when they start replacing umpires with just this automated

00:17:16.545 --> 00:17:18.885
strike system, then, yeah, I can see that.

00:17:18.985 --> 00:17:22.185
But maybe just because I'm a blase Canadian.

00:17:22.405 --> 00:17:26.185
So what do I care about the sacred history of baseball? But I care about the

00:17:26.185 --> 00:17:27.185
sacred history of hockey.

00:17:27.345 --> 00:17:31.805
And I will never forgive, I think it was Fox, when they started broadcasting NHL games.

00:17:32.005 --> 00:17:36.905
And they would put the purple ring around the puck so that Americans could see

00:17:36.905 --> 00:17:39.745
where the puck is. Because we just can't follow where the puck is.

00:17:40.265 --> 00:17:42.265
That, to me, was sacrilegious.

00:17:42.825 --> 00:17:44.725
I don't know. What's your take on this?

00:17:46.305 --> 00:17:52.845
You know, I've grown to love it in my later years of life.

00:17:53.505 --> 00:17:58.185
I mean, I've joked and I was like, man, if they would have done fantasy sports

00:17:58.185 --> 00:18:02.405
in high school, I would have crushed it at math, except I would have gone,

00:18:02.945 --> 00:18:06.365
screw you, I'm not doing your jock game and I'm not going to take part.

00:18:06.525 --> 00:18:09.525
But honestly, it honestly would have helped me with my math.

00:18:09.685 --> 00:18:13.805
I think my math got better when I was working at stores and behind counters

00:18:13.805 --> 00:18:18.565
and we just did cash before the point when you'd run a credit card to buy a stick of gum.

00:18:18.905 --> 00:18:24.785
Everything was cash. And so I was pretty slick then. I like the old school way of doing things.

00:18:24.945 --> 00:18:30.225
I think in some ways this goes along with jazz and the Constitution as being

00:18:30.225 --> 00:18:34.665
the three greatest things America ever invented. Baseball, jazz, and the Constitution.

00:18:35.265 --> 00:18:39.385
Problematic as they all may be. Yeah, I like the old way of doing things.

00:18:39.525 --> 00:18:43.625
A clock seems to run against the whole nature of it.

00:18:43.785 --> 00:18:47.805
So, so many of the things we've actually been watching in honor of All-Star Week.

00:18:47.965 --> 00:18:51.265
We've been watching some baseball movies and some Ken Burns documentaries in

00:18:51.265 --> 00:18:52.785
the media monarchy community.

00:18:53.892 --> 00:18:58.592
And even the Ken Burns documentary, as voluminous and comprehensive as it is,

00:18:58.792 --> 00:19:02.652
I find myself going, oh, that's not true anymore. Oh, no, they changed that.

00:19:03.092 --> 00:19:08.132
So things have changed in the unchanging 200-year-old game.

00:19:08.272 --> 00:19:11.192
And I guess, of course, again, who's going to get swept aside?

00:19:11.412 --> 00:19:15.572
The old man yelling at the cloud generally doesn't win.

00:19:15.672 --> 00:19:18.712
So as hard as it can be, a lot of times it

00:19:18.712 --> 00:19:21.672
is not worth your emotional effort to get invested

00:19:21.672 --> 00:19:24.492
in things that you know they're going to change and that you know

00:19:24.492 --> 00:19:27.372
you have no no control over you can

00:19:27.372 --> 00:19:31.132
still throw the ball with your kids in the yard james you

00:19:31.132 --> 00:19:34.332
go you've been to some games in japan right you've

00:19:34.332 --> 00:19:37.272
sent me a picture or two i have i i

00:19:37.272 --> 00:19:42.172
mean i like the game i like the game and well honestly i could see the utility

00:19:42.172 --> 00:19:47.032
of being able to call certain or challenge certain pitches because i saw recently

00:19:47.032 --> 00:19:51.532
otani got caught uh caught looking uh struck out looking is that how you say

00:19:51.532 --> 00:19:55.052
it I forget in American how you say it, in Japanese, Senshin.

00:19:55.872 --> 00:20:01.052
And he lost his mind. He was going apoplectic on the umpire,

00:20:01.192 --> 00:20:05.392
by which I mean he kind of shook his head and said some words to him as he walked back to the dugout.

00:20:05.532 --> 00:20:09.192
But it was clearly outside the strike zone. And I was thinking,

00:20:09.352 --> 00:20:12.652
you know, if they could challenge pitches, they'd challenge that one, I'm sure.

00:20:14.580 --> 00:20:17.960
But yeah, that's the level of Otani flipping out on somebody.

00:20:19.640 --> 00:20:24.300
And he's one of the big things. I found myself yelling back at the Ken Burns

00:20:24.300 --> 00:20:27.660
baseball documentary about Babe Ruth, Babe Ruth, Babe Ruth.

00:20:27.740 --> 00:20:32.040
It's like, oh man, he's basically being replaced at this point.

00:20:32.320 --> 00:20:34.940
And that's the way the world is going to go.

00:20:35.540 --> 00:20:40.340
That is New World Next Week, episode 597. It is true. It is real.

00:20:40.680 --> 00:20:45.520
The Korber Report 2017 data archive, USB flash drives are in the house.

00:20:45.700 --> 00:20:49.780
They are on the newworldnextweek.com store for a limited time.

00:20:49.900 --> 00:20:53.960
That means the 2013 to 2017 bundle is available.

00:20:54.400 --> 00:20:57.500
And James, honestly, probably what's going to happen is this is going to sell

00:20:57.500 --> 00:20:59.540
out immediately and we'll already

00:20:59.540 --> 00:21:03.020
get the backups to make sure we can keep all these things shipping.

00:21:03.580 --> 00:21:07.660
And of course, you can't just, you know, have a bunch of information like that

00:21:07.660 --> 00:21:10.660
without having a soundtrack to learn your way forward to.

00:21:10.860 --> 00:21:14.120
I'll remind you again about the Media Monarchy music compilations.

00:21:14.460 --> 00:21:19.760
Basically five days worth of hand-picked episodes. You could buy 24 hours of

00:21:19.760 --> 00:21:21.600
country, 24 hours of techno.

00:21:21.860 --> 00:21:24.760
You can find all those at newworldnextweek.com as well.

00:21:24.940 --> 00:21:28.760
And I get to play the exclusive audio of these New World Next Week episodes

00:21:28.760 --> 00:21:30.260
before they are published anywhere.

00:21:30.540 --> 00:21:35.400
And again, YouTube has really been, it's been great to be back on YouTube, James.

00:21:35.660 --> 00:21:38.680
It feels like some way of like, oh man, they started, you know,

00:21:38.760 --> 00:21:40.480
carrying our show on the networks again.

00:21:40.680 --> 00:21:44.020
And it's been a nice help. James, how are you hanging in there, buddy?

00:21:44.660 --> 00:21:47.840
Yeah, no, it's funny how that works. It's like you don't exist if you're not

00:21:47.840 --> 00:21:50.860
on certain platforms, right? No, we've been here the whole time, guys.

00:21:51.180 --> 00:21:55.480
We're still just doing what we're doing for 15 plus years, as you accurately point out.

00:21:55.600 --> 00:21:59.520
And we will continue doing it for as long as the world continues to be crazy.

00:21:59.760 --> 00:22:04.300
So I'm not suspecting that we'll run out of material anytime soon.

00:22:04.640 --> 00:22:07.380
On that note, thank you as always for the three stories. Looking forward to

00:22:07.380 --> 00:22:09.920
doing it again, buddy. you too man take care.

