25: The Construct: Jeffrey Epstein: Difference between revisions

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<p><em>00:11:31</em><br>This brings us to the two trading fortunes in New York City that, during the first decade of the new millennium, made no sense to me. And those were Bernie Madoff, then referred to as the “Jewish T-Bill”, and Jeffrey Epstein. In the case of Madoff, I made a wrong guess. I believed that Bernie Madoff was frontrunning a traditional business that he held using actual orders that he knew were being placed, and in his hedge fund [he] was effectively cheating-based on the inside information he had from a *italics*legitimat*italics, in an *italics*illegitimate*italics* business. I goofed, and I was wrong. In fact, he was operating a pyramid scheme. It didn’t occur to me. </p>
<p><em>00:11:31</em><br>This brings us to the two trading fortunes in New York City that, during the first decade of the new millennium, made no sense to me. And those were Bernie Madoff, then referred to as the “Jewish T-Bill”, and Jeffrey Epstein. In the case of Madoff, I made a wrong guess. I believed that Bernie Madoff was frontrunning a traditional business that he held using actual orders that he knew were being placed, and in his hedge fund [he] was effectively cheating-based on the inside information he had from a *italics*legitimate*italicsbusiness, in an *italics*illegitimate*italics* business. I goofed, and I was wrong. In fact, he was operating a pyramid scheme. It didn’t occur to me. </p>
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<p><em>00:13:</em>25<br>In addition, in the early 2000s, I came out talking against the great moderation and mortgage backed securities. I published in—I think I submitted in 2001 to Risk Magazine, my first article on mortgage backed securities, and I kept talking about the fact that we had not actually banished volatility from the markets. And this is a period of time where I was sort of going around the hedge fund conference circuit with Nassim Taleb, talking about the fact that, even though volatility was decreasing, that this was not a permanent state of affairs. </p>
<p><em>00:13:</em>25<br>In addition, in the early 2000s, I came out talking against the great moderation and mortgage-backed securities. I published in—I think I submitted in 2001 to Risk Magazine, my first article on mortgage-backed securities-and I kept talking about the fact that we had not actually banished volatility from the markets. And this is a period of time [when] I was going around the hedge fund conference circuit with Nassim Taleb, talking about the fact that, even though volatility was decreasing, this was not a permanent state of affairs. </p>
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<p><em>00:14:01</em><br>Furthermore, I objected to non-recourse loans, in the wake of the great financial crisis, and I’ve talked openly about the false narratives of the inevitability of Hillary Clinton versus Bernie [Sanders], which was a giant mistake in my opinion, of the New York Times interceding in an election in a completely inappropriate way, and they doubled down and came up with the impossibility of Donald Trump, which I tried to use Preference Falsification, the theory of Timur Kuran, who we just had on the program in order to say that the likelihood of a Trump victory was far higher than anyone had imagined. I had also said various things about Brexit, where I thought that the likelihood that that would actually pass was high. And afterwards, after the 2016 election, I talked about fake news as an invented concept. It had been discussed before that, but there was a slew of articles about fake news, which I still think was a completely inauthentic attempt to put in a placeholder for some ability to control the internet, in particular, the large platforms, so that a repeat of 2016 could never happen in the year 2020; in effect that there should be some way of restoring the Gated Institutional Narrative, which had clearly broken. </p>
<p><em>00:14:01</em><br>Furthermore, I objected to non-recourse loans, in the wake of the great financial crisis, and I’ve talked openly about the false narratives of the inevitability of Hillary Clinton versus Bernie [Sanders], which was a giant mistake in my opinion, of the New York Times interceding in an election in a completely inappropriate way, and they doubled down and came up with the impossibility of Donald Trump, [in response to] which I tried to use Preference Falsification, the theory of Timur Kuran-who we just had on the program-in order to say that the likelihood of a Trump victory was far higher than anyone had imagined. I had also said various things about Brexit, where I thought that the likelihood that that would actually pass was high. And afterwards, after the 2016 election, I talked about fake news as an invented concept. It had been discussed before that, but there was a slew of articles about fake news, which I still think was a completely inauthentic attempt to put in a placeholder for some ability to control the internet, in particular the large platforms, so that a repeat of 2016 could never happen in the year 2020; in effect that there should be some way of restoring the Gated Institutional Narrative, which had clearly broken. </p>
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<p><em>00:15:</em>19<br>I’ve also been quite vocal on the Data and Society Alternative Influencer Network Theory, particularly on the Dave Rubin program. I think that this was a transparent attempt to control the internet and the inability of influencers to gain stature if they’re outside the Gated Institutional Network, and I also made several tweets around Jeffrey Epstein, one of them, which says that if he is in fact, a construct of the intelligence community, either the US intelligence community or a foreign one, then clearly he could not be allowed to live. Many people also made similar predictions, but that gives you an idea of the kind of thing that I’ve been talking about. </p>
<p><em>00:15:</em>19<br>I’ve also been quite vocal on the Data and Society Alternative Influencer Network Theory, particularly on the Dave Rubin program. I think that this was a transparent attempt to control the internet and the inability of influencers to gain stature if they’re outside the Gated Institutional Network, and I also made several tweets around Jeffrey Epstein, one of which says that if he is in fact, a construct of the intelligence community, either the US intelligence community or a foreign one, then clearly he could not be allowed to live. Many people also made similar predictions, but that gives you an idea of the kind of things that I’ve been talking about. </p>
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<p><em>00:17:19</em><br>Recently, when the news turned to Jeffrey Epstein, my wife said to me, “You know, Eric, you called this when you met him early on.” And I said, “What do you remember?” and she said, “That you called me immediately afterwards and you said, ‘I’ve just met a construct.’” And she asked what was a construct, and I said, “I’ve met somebody, who appears to be a hedge fund billionaire who I don’t think is actually, in fact, involved, particularly, in hedge fund trading. I felt like what I was meeting was an actor, an actor who had been hired or constructed to play a part.” </p>
<p><em>00:17:19</em><br>Recently, when the news turned to Jeffrey Epstein, my wife said to me, “You know, Eric, you called this when you met him early on.” And I said, “What do you remember?” and she said, “That you called me immediately afterwards and you said, ‘I’ve just met a construct.’” And she asked what was a construct, and I said, “I’ve met somebody, who appears to be a hedge fund billionaire, who I don’t think is actually, in fact, involved, particularly, in hedge fund trading. I felt like what I was meeting was an actor, an actor who had been hired or constructed to play a part.” </p>
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<p><em>00:17:56</em><br>Ever since that meeting, I’ve used one word, and one word alone, when talking about Jeffrey Epstein, and particularly with people who knew him, who are friends or acquaintances or colleagues of mine, and by using the word "construct" repeatedly, I attempted to make an indelible image that I was very bothered, and was, in fact, making a prediction that one day it was quite probable, although not definite, and certainly not certain, that Jeffrey Epstein would be revealed to be something other than what he had apparently been chronicled as being, and what he had portrayed himself as being. </p>
<p><em>00:17:56</em><br>Ever since that meeting, I’ve used one word, and one word alone, when talking about Jeffrey Epstein, and particularly with people who knew him, who are friends or acquaintances or colleagues of mine; and by using the word "construct" repeatedly, I attempted to make an indelible image that I was very bothered, and was, in fact, making a prediction that one day it was quite probable- although not definite, and certainly not certain-that Jeffrey Epstein would be revealed to be something other than what he had apparently been chronicled as being, and what he had portrayed himself as being. </p>
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<p><em>00:18:36</em><br>As a result, I now have a different situation; because I was making this prediction early on and I had no idea what turn of events would bring us to the present, I was quite vocal about something, which perhaps today if I knew how things were going to end up, I would have said nothing at all. So I feel in fact a little bit more vulnerable having spoken out on this as if I know something, rather than just a person who found himself in remarkable circumstances and didn’t believe what he was being told. </p>
<p><em>00:18:36</em><br>As a result, I now have a different situation; because I was making this prediction early on and I had no idea what turn of events would bring us to the present, I was quite vocal about something, which perhaps today-if I knew how things were going to end up-I would have said nothing at all. So I feel in fact a little bit more vulnerable having spoken out on this as if I know something, rather than just a person who found himself in remarkable circumstances and didn’t believe what he was being told. </p>
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