0:00

A special announcement. By the way, I'm going to

0:02

be doing a live show like live

0:04

in person. In real life. I'm going to be interviewing

0:06

holiday author. Ryan holiday that's

0:09

going to be in Los Angeles at

0:11

the Venice. West on June 13th.

0:13

So tickets are available. I'd love to

0:15

meet you in person. Tickets are available at Jordan,

0:18

Harbinger.com tickets.

0:20

Again, Jordan Harbinger. Com tickets,

0:23

June 13th at the Venice. West in

0:25

Los Angeles. I'll be interviewing Ryan holiday,

0:27

and I hope to see you there.

0:32

welcome to the show i jordan harbinger

0:34

and their is skeptical sunday as financial

0:36

information of the jordan harbinger show or fascinating

0:39

complaining davidson most in i we

0:41

bring topic that you amazing everything about

0:43

we open sense of we the but complaining

0:45

ask nonsense topic such as we

0:47

the olympics are of a sham that skeptical teresa

0:50

information davidson by their nonsense or we

0:52

topic amazing absolutely no sense a

0:54

welcome of as when information an the jordan

0:56

harbinger show we to the stories see

0:58

cris in ski as of the worlds most fascinating people

1:01

and we teresa their with them interactive organized

1:03

you to impact or one lives and lives

1:06

and you we of one foreigners or of you information

1:08

with a variety of amazing folks them

1:10

speed to see one athletes

1:13

to or foreigners and performance in

1:15

you to the show or you want to or for about

1:17

it are stories impact or the athletes to but when the

1:19

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1:22

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1:24

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1:27

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1:29

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in fascinating financial cris cris folks

1:34

and most cris jordan harbinger

1:36

that complaining stories or taste

1:38

welcome or speed a for an to stories to

1:41

as it asian of skeptical sunday open

1:43

i realize the olympics open of or for

1:45

of or for most no their nonsense by for

1:47

a complaining is that is that that we

1:50

for complaining about them green the of variety

1:52

and a i have that or pittance a episodes

1:54

no everything as to topic absolutely are

1:57

and about that we are whole the or such

1:59

as the olympics i used to watch

2:01

and be a fair the olympics up until recently

2:03

and the more i learn about it the less i

2:05

like what i see what i read what i'm hearing

2:08

you know i've never been when they

2:10

were in atlanta in whatever to the nineties

2:12

i was so close i want to go have never been

2:14

able to go and i wanted

2:16

to grad tickets and it turns out it's actually

2:18

really really hard to go to the

2:20

olympics and it's kind of fraught with the

2:23

most non political event on the globe supposedly

2:25

is now fraught with political considerations

2:27

so i wanted to talk to you about exam know you've got

2:29

some ah some thoughts on the olympics

2:32

get the tickets alone like that think the

2:34

cheapest tickets are between two to three thousand

2:36

dollars i mean it's insane and wow

2:38

i look into a little bit some of the some the ticket

2:40

fraud issues and there are people

2:42

who were charged thirty two hundred dollars

2:45

for some tickets and and never either

2:47

got to go or had said it

2:49

included the opening ceremony and it really

2:51

didn't

2:52

is after they booked their flights and booked

2:54

their hotel and then they start trying to get their

2:56

money back and their like sorry says no refunds

2:59

and trying to sue like a non

3:01

profit that is working through

3:03

a ticketing agency who do you sue that ticketing

3:05

agency are the u s o p see

3:07

which is technically a non profits so

3:10

like i don't know it's it's a very shady situation

3:13

what i sort of as a sort of

3:15

boycotted the olympics for quite

3:17

some time now just originally

3:19

just based on how poorly they treat

3:22

the athletes from america isn't

3:24

and i don't mean these these foreign nations

3:26

treating americans poorly i mean america

3:29

has the adding our own athletes like

3:31

absolute garbage and as a kid

3:34

you know you you watch these folks on t v

3:36

and you just look up to them and you're like wow they're doing

3:38

it in their out there there and your wheaties box man

3:40

gather like our our modern be heroes looking

3:43

back connor my job that guy was

3:45

getting paid that one guy

3:47

got paid by by wheaties

3:50

yeah oh no by america while longer shot

3:52

and so i really started diving into

3:54

it and it was it was shocking more and more

3:57

and then i noticed a couple of things come

3:59

out

4:00

the like the prophets were down forty or

4:02

viewership was down forty three percent

4:04

people are boycotting not only because of

4:06

your the past winter olympics with beijing but

4:08

just in general and i'm like wait i'm not the only

4:10

one with this issue yeah and to start diving

4:12

it and it's like times of people have a problem

4:15

with how how poorly or athletes are treated i

4:17

would love to get into this because i didn't

4:19

know until recently that athletes

4:21

didn't get paid i say good we had a

4:24

and a little program that was funded by tax

4:26

dollars and things that go to sports i

4:28

may we have cultural offices and things like

4:30

that you know what are you assume they were their training

4:33

was paid and when she made team usa they said

4:36

may be housed in close you with sponsored

4:38

goods and your training was free in

4:40

it it looks like it's kind of the opposite

4:42

it's almost like you have to have enough money just laying

4:45

around to not have to work and

4:47

to buy expensive stuff absolutely say

4:49

unequivocally athletes do not get

4:51

paid

4:52

there is no salary for athletes

4:54

the only way they make money the there's a couple

4:56

of always make money but the primary ways they can make

4:59

money is if they a medal America

5:02

is one of the few that

5:05

has nothing to do with funding, its

5:07

athletes. All

5:08

of the funding comes from What's called

5:10

the u.s. Olympic, and paralympic committee,

5:12

which is the Uso PC for

5:14

the rest of this cuz that's a mouthful.

5:16

But 60% of

5:19

Olympic athletes, do not consider themselves. Financially

5:21

stable. What does that mean? Most

5:23

of them do jobs? Like, doordash uber,

5:26

Lyft, things like that just to make ends

5:28

meet ah what they have to do those kinds

5:30

of jobs to keep their schedules sort

5:32

of of flexible because of all the training they have

5:34

to do i want to be careful not to be like all my

5:36

dad sucks they work for dark as cooper

5:38

and live services i use literally every single

5:40

day those are jobs that people need to do but

5:43

it is a little weird that somebody who's like gee

5:45

i hope to bring home a silver medal or a gold medal

5:47

in that a know skating or something

5:49

like that is like years or crappy chinese

5:51

food you ordered says you are you drank too much into

5:54

your hundred and like that's not good exactly

5:56

internet think that the issues not that those jobs

5:58

are bad yards and i and i'm

6:00

with you on that those jobs are very important

6:02

jobs and those people were essential and that that

6:04

a great thing and i use or services all the time but

6:06

the issue is if we want our athletes to go perform

6:09

well would be good representatives of the contrary

6:11

I need to be training 6, 8

6:14

hours a day 6 days a week. Then

6:16

you'll be able to focus. The need to not have to worry

6:18

about where their, you know, next

6:20

light bill is going to come from or how are

6:23

going to afford doordash if they need a meal,

6:25

you know, no kidding. I don't

6:27

want our Sprinter to sprinting from

6:29

Panda, Express to my house as part of their training regimen.

6:31

The

6:35

Uso PC doesn't have

6:37

the money in 2018

6:40

alone. They pulled in. three hundred and seventeen

6:42

million dollars in revenue one

6:44

hundred and twenty two million of that was just broadcast

6:47

revenue also like nbc buying the

6:49

rights to put it at evo got absolutely

6:52

or licensing so any time you buy

6:54

a little toy that has the olympics circles

6:56

on it the u s o p c gets paid

6:58

for

6:59

and in twenty eighteen they

7:01

rake did enough money to have forty eight million

7:04

dollars in profit wow

7:06

but they are a nonprofit so

7:08

they tend to put that money either into their employees

7:11

or into programs which

7:13

i'll get into and a minute would see a little bit

7:15

shady program sure sounds like paying athletes

7:17

to it would take your and you would like

7:20

i guess it's not no no no and that's where the money comes

7:22

from its sponsorship it's licensing is broadcast

7:24

rights so anytime you see the olympic

7:27

think like you know toyota a proud sponsor

7:29

of right yeah whatever whatever it's they

7:31

pay for that time but they also have to pay for the licensing

7:34

to use the olympic logo in their commercials and

7:36

so little figurines and people

7:39

that are jogging around the block

7:41

will buy a headband that has the olympic logo

7:43

on it to support the olympians and

7:45

that money's not going to the olympians it's

7:47

awful that's crazy so so who's getting

7:50

the money like where is the money you mentioned

7:52

programs and people that's a great question

7:54

so programs or i'll i'll get into

7:56

the programs with a sec but like so according

7:58

to the orange county register the pc

8:00

spent twenty million dollars more

8:02

on employees than athletes

8:04

in twenty nineteen the spent more than twenty

8:07

four million dollars on legal expenses

8:09

just in the last two years with dozens

8:11

of sex scandals and and abuse

8:14

accusations the ceo alone

8:16

made eight hundred thousand in compensation

8:19

but the athletes theres only really three

8:21

ways to make money direct sponsorship on

8:24

their own that they have to go get on their own usually

8:26

performance based and if their super popular

8:29

you like a serena williams or someone they can

8:31

go out because they have the name to prize

8:33

money prize money typically happens as

8:35

their working up to the

8:37

olympics so you have the side competitions

8:40

that you enter you have to pay the enter by

8:42

the way you pay these this enter see

8:44

and then if you place forth or fifteen you

8:47

just dont win any money but if you win

8:49

first place you might win ten grand

8:51

here in their metal those side competitions

8:53

and then number three winning like i said the

8:55

you s o p see does pay if you win gold metal

8:57

bring for these numbers yeah strap okay this

9:00

is where the big money is grand the winning a gold

9:02

or silver metal yeah you think youre about to pop

9:04

theres bubble i can see it in your theres yeah

9:07

thirty seven thousand five hundred dollars

9:09

for gold metal way twenty to

9:11

thousand five hundred for a silver and

9:13

fifteen thousand for now

9:16

some people may go hey that's one metal

9:18

it's at once every four years first

9:20

of all a good point is day after

9:22

day after day of working without

9:24

getting paid for this so thirty

9:27

seven thousand five hundred for a gold medal

9:29

sounds like a lot singapore pays

9:31

one million dollars for a gold medal that's

9:33

more like they paid five hundred k for silver

9:35

they paid two hundred and fifty thousand for brought

9:38

so you're better off being a bronze level athlete

9:40

in singapore that a gold medalist in

9:42

the united states of america this is crazy because

9:44

if you think about it every four years right

9:46

so let's see i win for

9:48

gold medals because i'm just riddick and

9:50

zip best figure skater or snowboarder

9:53

that the country's ever seen i'm

9:55

now making about as much as i wouldn't

9:57

probably less than i would if i manage

9:59

like of reasonably busy trader joe's

10:02

grocery store and the area absolute wow

10:04

and to compare to other countries for gold

10:06

medal prizes france pay seventy

10:09

three thousand

10:10

it only pays two hundred and one thousand hungary

10:13

a the hundred and fifty six thousand the czech republic

10:15

be the hundred and ten thousand and

10:18

the athletes in america just get these

10:20

really small stipends so like

10:22

there are some sort of tiny little stipends

10:24

here in there that u have to apply for like a scholarship

10:27

or whatever can come from the u s o p see

10:29

or other governing bodies like the u s

10:31

a swim team has a swim

10:33

u s a which governing body that sort of

10:35

helps manage these types of things one

10:38

athlete on the us women's wrote team reported

10:40

making less than two thousand dollars a month

10:42

in stipends during the entire time

10:44

during the olympics a member of the fencing team

10:46

reported three hundred dollars a month

10:49

for her stipend this is insane i answer

10:51

is wage for my to me i have a friend

10:54

who i met at a party who was on the

10:56

crewing to so row curling team

10:58

and done or crew team

11:00

then he won bronze i can't remember when

11:02

it was you know twenty twelve or whatever

11:04

it was and i see showed me the metal

11:07

he had brought it to the part of she was giving a little bit of a talker

11:09

something like that says he brought the metal to the party

11:11

and i've never seen a medal so like i want to see that yeah

11:13

yeah sushi busted out of literally

11:16

a plastic grocery bags and

11:18

i was like this is what why you keep it as a nurse

11:20

and she goes well yeah i do as a case

11:22

but it's like kind of annoying to carry

11:25

it with me and his bag is easier and i'm like you should

11:27

probably have organizer bag for your model metal

11:29

cause this thing could risk settings he goes via fani

11:32

it has written for now like doesn't that freaking

11:34

out what if you're you know if you drop on the

11:36

grounds you go see that dent this is from

11:38

when i was biking with it and it's sell

11:40

out of the bag and it's sell on

11:42

the ground and i was like why are you biking with

11:45

your medal in a like a thank you carry

11:47

out bag those white bags at the like thank you

11:49

and repeat it's and i'm like what are you doing with this

11:51

this is like a bag you get from via again

11:53

for panda express or something and he goes i

11:55

don't have a car and i said in

11:57

not and she goes well i can't afford

12:00

one i work at a grocery store right now

12:02

i could see your the on the team of

12:04

them had the best or third best i guess in the whole

12:06

world at rowing as you

12:08

can afford a car and you work at a a minimum

12:11

wage job right now you're metal is

12:13

being kept in a plastic bag and it's sort of it

12:15

made me feel kind of a little bit

12:17

ashamed because again there's nothing

12:19

wrong with having these jobs but the idea

12:21

that you can be the best in the world are one of the best in

12:23

the world at something and then still have absolutely

12:26

no compensation from it at all other

12:28

than teaching her best thing was teaching

12:30

summer camp rolling summer camp

12:32

that's like how she made enough money to not

12:34

be super poor for the rest of the year yeah

12:36

because he can't work for even full time at a grocery

12:38

store she's throwing

12:40

it just sort of makes you feel a little

12:42

ashamed to be in a country where we treat

12:44

our athletes who bring us a lot of glory kind

12:46

of crappy which i got a crappy yet but

12:48

once you read read that gold medal status

12:51

that's essentially if you don't

12:53

go out and reads you know usain bolt

12:55

type status which most people won't

12:58

do basically what the primarily do

13:00

is go coats at whatever is that they

13:02

do me and when we lived in

13:04

texas my daughter was in gymnastics in one

13:06

of her teachers was a gold medalist and sound minimum

13:08

wage at a gym teaching

13:11

you know six year olds had a tumble

13:13

it's not to insult them is to say we should treat

13:15

them better than that in order mean who's in

13:17

two thousand and twelve half of the track and

13:19

field athletes said they

13:21

made less than fifteen thousand dollars a year

13:24

so unbelievable yet in twenty eighteen

13:26

the track and field ceo made

13:29

ceo made of one point two million dollars i'm

13:31

a free market die so i get this and away

13:33

but also we really are force

13:36

were undervaluing is siebel and we're doing

13:38

it not by the market this is force this

13:40

is horse because were refusing

13:42

to value what these people bring

13:45

to the country and webb i'm guessing there's

13:47

some sort of longstanding lie about

13:49

how they're going to be great with endorsements afterwards

13:52

which isn't true unless you're like shaun white that

13:54

but we've also sort of i

13:57

hesitate to use the word brainwashed but we've

13:59

sort of

14:00

the whole debate this idea in our culture

14:02

that these people are heroes you

14:04

want to believe that in you want to lift

14:07

them up and you want to congratulate

14:09

them for that but then that's sort of

14:11

the payment you feed your ego

14:13

and you get to be this person who is

14:16

on top of the world representing america

14:18

but it's so hard to

14:21

share that enjoyment with them and celebrate

14:23

with them when you see what they've had

14:25

to go through and how bloodied

14:28

and bruised they are and how

14:30

much they have to fund their own scripts

14:32

and their own travel in their own equipment which

14:35

i can get to the second yeah they have to pay for everything

14:37

like everything that you see they're paying for it's

14:40

hard to be so happy with them but

14:42

i'm looking at them going is literally

14:44

the carrot and stick and the carrot

14:47

is a gold medal and don't you what the shiny

14:49

prize while the ceos making

14:51

one point two million dollars while this organizations

14:54

bringing and three hundred and twelve million while

14:56

these these massive sponsors

14:58

are raking in millions upon millions

15:00

of dollars in revenue from the ads they're running

15:02

and these executives are raking it in while

15:04

the people that were actually interested in watching

15:07

are being treated terribly and it's just it's

15:09

hard to be happy for them even when they do well you

15:11

know this is like when someone says i'll pay you and exposure

15:14

but this is it's like that on set on

15:16

steroids although price and say that we're talking

15:18

about the olympics similar my tail little calm

15:21

down right yeah that's an hour i know i would

15:23

have thought morris is not even allowed to participate

15:25

in the olympics side of the arrow seeds i

15:27

read on our oh say shit out of committee i

15:30

did watch the cross country skiing

15:32

crap for our conversation i wasn't getting slimmer

15:34

just watch from the beginning and there's like

15:36

forty four people the

15:40

for seventeen mile hum

15:43

of it is up hill how do you

15:45

ski uphill you asked what they're

15:47

basically running with their sticks

15:50

and it looks absolutely brutal and

15:52

their forty four these people just like trudging

15:54

along in the snow they get up around

15:57

the spot and then they slowly start to go down

15:59

always then they get right back up he'll

16:01

have to go trudging along again and i'm just

16:03

will it's zooms out and i'm seasons come off

16:05

boxes got a bob along and i'm like you're

16:07

destroying your body's and you're doing

16:10

this all for other people to make profit while

16:12

you chase the shiny gold medal

16:14

and my heart breaks for them i don't

16:16

mock them and i'll make fun of them they

16:18

are brutalizing themselves

16:20

and who's for the chance of being the best

16:22

at something that what's this is over

16:25

very few people are going to care about and

16:27

how do you take this on to do something else and

16:29

it's one of the reasons i pulled my daughter at a gymnastics

16:32

because i'm like i want you to spend your time doing something

16:34

else not wreck your body

16:36

until you're sixteen years old and

16:38

then have nothing to show for it but mass

16:40

hands to go make somebody else millions

16:42

of dollars it's just that blew my mind order to

16:44

work on her mental state and

16:46

house he could become her own content creator and

16:49

focus on that and college and generating

16:51

revenue and understanding business school as

16:53

opposed to destroying her body like to meet him this

16:55

do you know who will treat mean things about

16:57

you even if you fall three times during your routine

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19:32

this show again thats jordan harbinger dot com

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slash deals now for the rest of skeptical

19:37

sunday

19:40

what do they have to pay for like does it do we at least

19:42

as a is the usa gymnastics

19:44

team or the idea of the at least paying for the coaches

19:46

for example or to visit to the app the also

19:49

have to pay for that that's a great question

19:51

so lord williams is one of

19:53

the most decorated track and field and bob

19:55

sledding superstars that we have on our league

19:57

teams quite a combo she was the first american

19:59

woman when medals in both summer and winter

20:01

olympics

20:03

and she once said that

20:05

see as highly decorated as she was

20:07

she would make about two hundred thousand dollars a year she

20:10

said two hundred thousand becomes

20:12

less than one hundred thousand really quick

20:14

with all of our expenses so what

20:17

kind of things they pay for well first of all every

20:19

olympic athlete has to be a part of what's

20:21

called a club the club fee would

20:23

be like for example in the us

20:25

or swim team if you're not paying

20:28

your club dues which for the swim team

20:30

is five thousand eight hundred dollars or

20:32

so per year while if you're not paying to

20:34

be part of the club none of your time

20:36

scales you won't register

20:39

and you won't be ranked in the country in

20:41

order to even qualify for the olympics so

20:43

like for me the one hobby i have outside

20:46

of fact checking and they are making

20:48

people laugh they were drunk in little rock arkansas

20:50

i bowled one thing i do i love bowling

20:53

wont if i go out and bowl a three hundred

20:55

during a game it wont count unless a

20:57

member have the u s b c to have

20:59

to pay my annual dues i have to pay my weekly

21:02

dues every time i go bowl i have to pay

21:04

if i dont pay and then i break

21:06

some world record the world record doesnt count

21:09

so you have to pay your dues so just

21:11

five grand a year just for the club fees

21:13

alone amid every time they travel if

21:15

you're going to go to eat some sort

21:17

of qualifying competition in colorado

21:19

and you live in new york you gotta buy your own plane

21:22

tickets you gotta pay for your hotel you have

21:24

to pay to enter the competitions you

21:26

have to pay those fees the entry fees

21:28

are gambling on yourself yeah at a chance

21:30

to win the ten thousand to be the best added these

21:33

thirty seven people you after they're all

21:35

taking your money to pay and you have all fighting for the

21:37

number one spot the vast majority of people

21:40

leave with nothing you have to pay for your own coaches

21:42

the u s o pc does not pay for coaches

21:45

there's some coaching available but if you want

21:47

a dedicated coach for you they don't just

21:49

provide you have to pay that is usually upwards

21:51

of about one hundred to two hundred dollars per hour

21:54

for coaching palm you simply have to read

21:56

your own gym time there are some

21:58

u s o p c katie practice

22:00

facilities where you can reserve time but

22:02

it's so backed up in it's so full a lotta

22:05

times you have to go read time somewhere else

22:07

you gotta pay for that you gotta pay for a dietitian you gotta

22:09

pay for massages gonna pay for nutritionist

22:12

and twenty percent goes to your agent

22:14

by the way and on top of

22:16

that not only are use this money that

22:18

you are bringing and is going out all these other places

22:21

but you have to buy your own equipment when you see

22:23

people holding their rods and their

22:25

skis and their goggles and the whole uniform

22:28

they have to buy those things one

22:30

thing i didn't know about this going into this it

22:33

which i learned as part of our research is it they

22:35

actually have to buy their own bobsled

22:38

that's ridiculous i know they have to

22:40

buy it and it's about thirty grand

22:42

for one of those bobsleds

22:44

and you're like our our how

22:47

can someone live working

22:49

part time jobs here in their afford to stuff

22:51

more and more olympians are going to

22:53

a crowdfunding going to like gofundme

22:56

and stuff like that in our men's

22:58

bob sledding team got really creative

23:00

with they did with or what's called the

23:02

bob spread the space

23:04

literally post shirtless and these are good

23:07

looking guys who and great bodies they

23:09

pose shirtless to raise seventy

23:11

five thousand dollars for all of their

23:13

collective equipment including the bobsled

23:15

itself

23:16

so they had to sell a bunch of calenders

23:18

and yeah they had their goal actually made their goal and

23:20

then some but now you have

23:22

the crowd funding these athletes and

23:24

the you s o p c profiting from

23:26

it in paying their executives millions its

23:29

just brutal so okay their not getting paid

23:31

they have to pay for their own stuff so their negative

23:33

theres negative paid a right its

23:35

like their their going to debt to do this and

23:38

often not really unless they get serious endorsements

23:40

their not coming out the other side what else do they

23:42

have to put up with theres got that cant be the only

23:45

inconvenience or drag on

23:47

these for folks look you would think

23:49

in most situations when youre funding it

23:51

youve heard the old adage it costs to be the boss

23:54

when youre funding yourself youre it entrepreneur

23:56

youre generating the revenue you get to

23:58

say how things go in fact

24:00

that's the opposite these people are funding themselves

24:02

in order to essentially be an employee to

24:04

generate profit for another organization

24:06

they have to go by these ridiculous restrictions i don't

24:08

have you heard about the women's volleyball players

24:11

especially the beach volleyball they have the

24:13

the size of their bikini bottoms regulated

24:16

they can't be more than six centimeters wide

24:19

at the hip and no longer than six

24:21

centimeters long so if they're constantly

24:23

like you know dig in their song another buttcrack

24:25

it's because the olympic committee demands

24:28

that that's what the they do the

24:30

mentors are also controlled but

24:32

they controlled to be a minimum of

24:34

ten centimeters above the knee

24:37

or the top of the kneecap her so

24:39

the men get the were long swords the women

24:41

have to wear these tiny songs that are

24:43

just barely covering themselves and of

24:45

course it's you know

24:46

sexualized yeah that's weird because obviously

24:49

there's no function go words and hey look

24:51

you know when people jump in shorts they can't get as

24:53

much air because of that were the case then

24:55

due to be dig in our town that other but on t

24:57

right also absolutely as lukas

24:59

you know guys especially will do anything to get

25:01

just a little bit of an edge over someone else

25:03

who clearly it's not a fortune yeah if you

25:06

told guys they had to play volleyball

25:08

with like as sick leave duct tape to

25:10

their crotch they would do at that if they

25:12

thought it would give them an edge athletically absolutely

25:15

anything for the gold medal that's gotta be a

25:17

crap feeling that like you're you're you're one of the best

25:19

in the world and know like what we want though is

25:21

for more people to watch in

25:23

in order to do that you have to show more

25:26

of your but on tv and it's like this

25:28

is the last thing i want to february about right now it's so

25:30

demeaning

25:31

the even control like of course they

25:33

can't make political statement was like i kind of understand

25:35

and they can't do any sort of protests you know

25:37

like the whole fist on the podium thing from the

25:39

seventies they're not allowed to do that but humans

25:42

are not allowed to wear bright fingernail

25:44

polish only neutral colors why

25:47

do we know that doesn't make any says they

25:49

said it was in his anything that would be a bright colored to

25:51

be distracting from the uniform okay

25:53

sir these people are training is like i

25:55

said six hours a day six days a week

25:57

there's constant injuries that the us cdc

26:00

estimates and and i quote this a

26:02

near one hundred percent injury rate

26:05

so basically you're gonna get hurt during the

26:07

olympics you're going to get hurt the

26:09

pay is going to be ridiculously low and

26:11

basically no social life so especially

26:14

for teenagers if you're talking about sacrifices of the best times

26:16

of your life for this grueling physical work

26:18

that will like we have no pay off whatsoever

26:21

i know you have also nana silly injured during

26:23

the olympics are during your training

26:25

for the olympics it's employ training

26:27

or the side competitions yeah or

26:30

getting ready are working out for the training

26:32

there's tons of injuries where do you go for that it's

26:34

not like we have begun healthcare this country

26:36

right right now that's a good point so

26:39

look again i'm i'm usually a free

26:41

market guy here so is this

26:43

just a function of and it's unfortunately

26:46

doesn't sound that way but is this is a function of look these

26:48

don't generate a lot a catholic maybe the olympic committee

26:50

generates a lot of cash but they're just look

26:52

at got a ton of employees they've gotta pay those

26:54

people need benefits that's their actual job

26:56

they don't get any glory or is

26:59

it that there are sports that rake in terms

27:01

of cash and they just said you know what

27:03

we can get away with not paying these people so that's

27:05

what we're going to do

27:06

would is it like thats great point it definitely

27:09

little bit is tied to how much that sport brings

27:11

in a like for example people

27:13

will talk about the n b a versus the w

27:15

in b a and they say well men are paid unfairly

27:18

because the n b a players make more then w

27:20

b a m just as salary and as the

27:22

next person but if you look at the

27:24

profit margins of n b a versus w

27:26

in b a the n b a makes a ton

27:28

more cash they can afford a pay more so

27:31

if the w b a players were demanding

27:33

and b a salaries the w b a would literally

27:35

go out a business they cannot afford that

27:37

level salary cause theyre not bringing that much

27:39

money into the sport and so you would

27:41

say that thats the same with

27:43

olympics but even the high

27:46

dollar sports are not

27:48

bringing in that much cash but do have a quick list

27:50

here for the top earning sports so

27:52

as a business decision i want to know should we

27:54

cut some of these out and then start

27:56

actually paying salaries to the top earning sports

28:00

the to be considered prevented treated fairly

28:02

the top earning sports are six

28:04

million dollars is what's brought in for

28:07

the us ski and snowboard team

28:09

okay two point one million for bobsled

28:11

the point one million for speedskating

28:13

three point nine million for track and

28:15

field three point four million

28:17

for the swim team these are the people we see

28:19

on the wheaties box is right these are the people see

28:22

in the commercials two point two million

28:24

for gymnastics i thought that would be much higher

28:26

i thought gymnastics would be the top because i

28:29

only thing anybody watches that i know or

28:31

maybe i just yeah just yeah of gymnastics fans

28:33

for some reason yeah for some reason the skiing and snowboarding

28:36

i think has more has different

28:38

types of events where the long jump and

28:40

the flips and then it's just cool to watch

28:42

them do all the big flips and they're doing it forty

28:44

feet or sixty feet in the air as opposed

28:47

to you know off of a dumbass track so maybe

28:49

it just anything that is more dangerous probably

28:51

is going to be more eyeballs on it maybe

28:53

they just attract more sponsors because there's more crap

28:55

you have to buy to go skiing and snowboarding vs

28:57

trip a good for you are apparently you're not even wearing shoes

29:00

right you can't even wear nail polish so what are you going to

29:02

probably feel like here's a brand a shock that i used to do

29:04

flips right that's a great point man

29:06

you you can't put a whole lot of sponsorships on that jersey

29:08

but now he would i could just go skiing you know

29:10

what i mean we could go for the stuff and just go skiing we're

29:12

not going to go on a balance beam anytime soon

29:14

know i figured point no iron crosses for me

29:17

on the flip side the golf federation

29:19

that participates in the olympics twenty six

29:21

thousand dollars as all they're bringing it the

29:24

rollers sports fifty thousand dollars

29:26

the hands on a roller sports is

29:28

a roller blading in the olympics is not roller

29:30

blading i think there are i

29:33

, know it's literally

29:35

don't even know it's for that as i guess that's why doesn't

29:37

earn why doesn't i thought that was going to be some sort of skating such

29:39

piano desert of the team handball

29:41

i know what handball looks like i've never seen

29:43

him but when the olympics in brings in eighty one

29:45

thousand ennis only brings and ninety

29:48

grand of surprises me but us

29:50

badminton brings in more than tennis

29:52

badminton is one hundred and thirty one thousand and

29:55

in synchronized swimming is a hundred and fifty six

29:57

thousand i'm surprised the synchronized swimming earrings

29:59

in the of

30:00

i mean that's six times or whatever

30:02

more than gulf that's shocking i don't understand

30:04

it out and alex the outer either okay so

30:07

when you think about that money coming in the

30:09

millions of dollars that do come in

30:11

how are u going to divide that up among the p i

30:13

know so heres what the u s o p

30:15

see says they do they're claim thirty

30:18

three point two million dollars was spent on

30:20

direct to athlete payments

30:22

okay now that sounds like i've been lying

30:24

to you this entire time right that sounds like they're getting

30:27

paid yeah get a thirty three point two million

30:29

director athlete here's how they

30:31

classify direct athlete payments

30:34

fourteen point three million to one

30:36

thousand four hundred and seventy nine athletes which

30:38

averages out to nine thousand six hundred

30:40

dollars per person i didn't realize you were so

30:43

many athletes i guess the broth that is for

30:45

you to ask me how many athletes i think there are i would

30:47

say under two hundred yes

30:49

i would it gets a little higher than that but well

30:51

under fourteen seventy nine seventy nine sorry

30:54

for televised sports hundred two hundred of course

30:56

we're not talking about the the roller

30:59

sports that we couldn't even identify and golf

31:01

that i didn't even really realize as the olympics the gun

31:03

not thinking archery i'm thinking of like the ones

31:05

sorry guess in the in the top earning sports

31:07

so even if it's six hundred

31:10

or five hundred whatever it's not

31:12

one thousand four hundred and seventy nine which

31:14

that surprises me that so much more than i got

31:17

right which is why it's only even

31:19

if they did do it it would only be nine thousand six hundred

31:21

dollars each and i promise you not every

31:23

athlete is even getting nine thousand six hundred dollars

31:25

and they also classified part of that money as

31:27

seven point six million toward health insurance

31:30

of course the have deductibles other things that are out

31:33

of pocket expenses for the athlete four

31:35

million in medals support i

31:37

could not find what even that mean metal

31:39

supports i do not know what that means

31:42

five point three million in metal bonuses

31:44

and that was a loan from the appeal chain winter

31:46

games and in two million on

31:49

tuition and career assistance that's

31:51

a little says i agree so

31:53

those are not director athlete payments

31:55

so the numbers that they and then if you

31:57

even pull up the finance reform that they released

32:00

that's where i'm literally copying

32:02

and pasting and of my notes from that form

32:04

that's all they say there's no further explanation

32:06

there's no three or four deep dive

32:08

pages to explain what health insurance

32:10

coverage they get that's all it says seven

32:13

point six million health insurance it's

32:15

own says metal support that's it

32:17

there's no explanation for what middle supporters so

32:20

maybe would happen you know talk to someone

32:22

at the olympics and see we're going to answer we could get yeah

32:24

that the money is being spread so weirdly

32:27

that it's hard to even track yet we know

32:29

those executives are are cashing in

32:31

making either near a million or over a million

32:34

dollar salary per year i know a lot of people boycotted

32:36

the olympics this year or said you're not

32:38

going to watch it or not gonna go there it's in

32:40

china that people were calling it the genocide

32:43

olympics because of china's treatment of

32:45

readers that had to put a dent

32:47

in the money available

32:49

for everything from director athlete payments

32:51

to everything else about the olympics this year

32:53

absolutely when i mentioned at the top

32:55

of this that the viewership was down forty

32:57

three percent i actually saw that on our

33:00

youtube channel by lao why eighty

33:02

six and him yeah he talks about viewership

33:04

being down forty three percent because

33:06

the people are calling it the genocide olympics

33:08

and it's mostly due to china in their treatment

33:10

of the week years as well as the seven

33:13

forced labor camps seven

33:15

forced labor camps that are within twelve miles

33:17

i'll the olympic games the actually shows a map

33:20

and shows were all of these are which

33:22

by the way that's an entirely different topic for another

33:24

skeptical sunday i definitely want to get into that

33:26

an address that at some point we could tie

33:28

tons of projects are tons of products

33:30

back to those those camps rather

33:32

be i phones or diamond rings or tennis

33:35

shoes or whatever there's all kinds of things

33:37

we could address ago you know are we being proactive

33:40

by actively supporting humanitarian

33:42

causes and recycling doing

33:44

things that we think are good but where's that money

33:46

going in and where's that product coming

33:48

from you know i have yet to ruin everything for everybody

33:51

but at some point we need to know i like that i

33:53

wanted and that eleanor and everything forever that's the whole

33:55

point of this particular segment of the

33:57

jordan harbinger shall we get our cut off

33:59

was exactly the he shows in a video

34:01

athletes from these most recent

34:03

winter games posting videos

34:06

of their apartments completely flooding

34:08

like water pouring down from their lights

34:10

architects kind of like when china

34:13

those too quick hospitals remember during

34:15

the the spike of go with yeah yeah they put them

34:18

up to like so fast and meet our heads

34:20

better was a wow we were praising them but

34:22

then immediately there were a plumbing issues

34:24

there were walls were crumbling the were

34:26

issues because they rushed it news team materials

34:29

the same thing is happening for these temporary

34:31

barracks they build for the olympic athletes

34:33

it's bad i mean literally water pouring from electrical

34:36

outlets i saw that the center serve

34:38

i can remember what a finish athlete was like the

34:40

whole thing is flooded years photos and

34:42

they made her delete those yet date

34:45

so everybody that was there had was forced

34:47

to download a certain app isn't to do all

34:49

of that are posting the and kind of removed

34:51

over well over forty one thousand

34:53

posts why anything the said anything negatively

34:56

about the olympics they were deleting and they've

34:58

banned over eight hundred users across multiple

35:00

platforms for toma truth about the conditions

35:02

in beijing in even

35:04

shows evidence of warnings to not

35:07

eat the food provided like this is coming

35:09

from official committee members in the united

35:11

states things do not eat the food provided

35:14

because they're not only concerned about american

35:16

athletes being malnourished they're

35:18

concerned that it in this is the quote it

35:21

may contain banned substances

35:23

so they were concerned something

35:26

about what was going on was making our

35:28

committees concerned that china may

35:31

intentionally put banned substances

35:33

in the food that they're serving so that

35:35

our athletes would test positive for

35:37

substances said that there were like that

35:39

would not really surprise me given

35:42

how bad beijing wants to work

35:44

or the i should say seeds and thing wants to look

35:46

absolute compared to the united states a the rest

35:48

of the world's plus i saw photos of the food and

35:50

it looks horrendous it look disgusting of like

35:52

fire fest so disgusting

35:54

i mean it's bad now yeah and what i've seen

35:56

i've seen pictures different pictures from with

35:59

the chinese athletes are from what other foreign

36:01

athletes are fed and that's an interesting

36:03

issue because is it true are

36:05

the chinese athletes being forced the the same crap

36:07

everybody else was having to eat raw they

36:09

were just showing different pictures because you

36:12

know they don't want any trouble from their government where are

36:14

the actually being said better food and

36:16

now with that's a whole new issue to address right

36:18

that's totally different it wouldn't surprise me if they

36:21

were eating better food but it also wouldn't surprise me

36:23

if they were getting the same crap and just weren't allowed

36:25

to say anything about they were being said photos

36:27

to share you know or whatever right would sound

36:29

super conspiratorial but when you see

36:31

what's been going on with beijing and with

36:33

would see ya like you said it wouldn't

36:36

be surprising at all propaganda looks

36:38

like that yeah as in it's not uncommon from north

36:40

korea china and frankly

36:42

often from the united states we have our own version

36:44

or propaganda but usually doesn't involve telling an

36:46

athlete did supposed to picture of food and say that

36:48

it's good or bad right as a lot of a to micromanage

36:51

we don't have that the that kind of interests and

36:53

blows quite yet like allow

36:55

why eighty sixes and i encourage people

36:57

to go watch this video there's tons more

36:59

info there

37:00

but they talked about how completely backfired

37:03

on china they they wanted to sort of show

37:05

how superior they were and how amazing

37:07

they were and some of the concept drawings

37:10

would show like the ski jump right

37:12

amongst these beautiful mountains and and

37:14

snowy hilltops but instead the

37:16

right next to these factories with like

37:18

smoke coming out everywhere and what

37:20

he's saying is like they were kind of proud of this

37:23

they're saying look we're not poor we have all of these

37:25

these industrial workers and plants

37:27

and factories and like we're supposed to be

37:29

impressed by that but the concept drawings

37:32

look like it was gonna be this beautiful scenery and nature

37:34

and it it's just not the case so my

37:36

whole take on this is until america starts

37:38

helping with the funding paying a fair wage to athletes

37:41

until you know ensuring their proper care

37:43

overseas and fair play

37:45

like the whole issue with the doping from

37:47

or oh see i think we should all remain

37:50

very skeptical of the olympics david

37:52

thank you very much no more no more a

37:54

letter plans for me about two weeks

37:56

revenue

38:00

the usual i've got some thoughts on this episode but

38:02

before i get into that here's

38:04

a preview with a former undercover f

38:06

b i agent who infiltrated the gambino

38:08

crime family in new york for nearly three

38:10

years resulting in the arrest and

38:13

conviction of thirty five mobsters

38:15

and get this he's not even italia there's

38:18

a by

38:19

your knives on everything i mean i have

38:21

posed as a money launderer i've worked

38:23

as a drug dealer i have

38:25

worked as a transporter for drug dealer

38:28

i work as a warehouse guys the

38:30

whole gamut my career was twenty

38:32

four to six years he

38:35

, work and on the the

38:37

and work for the f b i would have been investigated

38:40

by investigated exactly as

38:42

i walk and from in and parks department

38:45

heads and parks young ladies are

38:47

mutually of what was the like i used my front

38:49

porch image url one martinis three

38:52

hours url water on the finish

38:55

and frank guys a man i'm gonna

38:57

go on my pocket said gossiping

39:00

one of money and not with

39:02

a rubber band on his family given

39:04

one hundred asked you not a guy puts

39:06

his son a little leather wallet any

39:09

going to little your you know when

39:12

you mention cool thanks to sit around bonus

39:14

we did our plan is to family

39:17

to french fries mood about the

39:19

sometimes you get into the building was not going to say

39:21

your money's no good at what do you do

39:23

on your embarrassing the oh you mean

39:25

you need to let let me that the forgot about

39:28

it i , have gone

39:30

in there and became a guy

39:32

who had never a penny never went

39:34

into the wild another couple of times

39:36

never had a time time

39:39

money have a good tribute same and that'd

39:41

be on my ass and for me out if you're

39:43

with the mob i still hate toward your

39:45

on record with us that means

39:48

we protect your nobody could shake he now

39:50

we're going to shake you down or your on record

39:52

what for more including tricks wise

39:54

guys used to know who's legit and who's not

39:57

mob culture and the rules that govern

39:59

the always

40:00

upward flow of money and how jack

40:02

became so trusted by the highest levels

40:04

of the organization that they offered him

40:06

the chance to become a made man check

40:09

out episode three ninety to of the jordan

40:11

harbinger show with jack garcia

40:15

another one in can thank the all for listening many

40:17

of you did get back to me with positive feedback

40:19

and suggestions for skeptical sunday thats

40:21

were thats lot these at his come from so please do keep

40:24

those coming as coming as pretty much

40:26

every week these episodes probably arent something

40:28

or going to do every single week but well see what

40:30

shakes out it really does depend on lot

40:32

of different factors around here now ive no life

40:34

ive to kids so im just creating shows and change day

40:36

pers all day long topic suggestions

40:38

for future episodes of skeptical sunday are

40:40

always welcome email me jordan

40:42

at jordan harbinger dot com and gives

40:45

here thats a links show notes for the episode

40:47

can be found at jordan harbinger dot com transcripts

40:49

around the show notes ive at jordan harbinger

40:51

on both twitter and instagram or just

40:53

can with me right there on links in latam with

40:55

you there you can find david small at david

40:57

see small on all social media platforms

41:00

at david see small dot com or

41:02

better yet on his podcast the david

41:04

see small show links to all of that

41:06

in the show notes as well the shows created

41:09

an association with podcast once my team

41:11

is jen harbinger jace sanderson

41:13

robert robert ian baird millie ocampo

41:15

josh ballard and gabriel ms rohit

41:18

or advice and opinions their our own and

41:20

yeah i'm a lawyer but i'm not your lawyer so

41:22

do your own research before implementing anything

41:24

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love and if you found this episode useful please

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share it with somebody else who needs to hear it in

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the meantime do your best to apply what you

41:35

hear on the show so you can live what you listen

41:37

and we'll see you next time dont

41:40

forget on going to be interviewing author ryan holiday

41:43

live in person in los angeles

41:45

at the venice west on june thirteenth

41:47

id love to see there in person tickets are available

41:50

at jordan harbinger dot com

41:52

slash tickets thats jordan harbinger dot

41:54

com slash tickets again june tend

41:56

to los angeles at the venice west of us me

41:59

and ryan holiday live onstage hope

42:01

to see their