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  • 28/04/2025

@errol_musk back on The @AndrewEborn Show
@elonmusk @AndrewEborn Barrister, Broadcaster President @OctopusTV

ANDREW EBORN

Andrew Eborn, President Octopus TV Ltd, is an international lawyer, strategic business adviser, broadcaster, author and futurist. For many years Andrew has empowered companies to face the challenges of changing markets, maximise the return on their rights as well as assisting with the strategic development of their businesses.

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Transcript
00:00errol it's it's so good that you could join us again uh thank you very much indeed um for those
00:22of you who don't know errol is the father of elon musk the entrepreneur and businessman
00:26who founded x.com in uh 1999 i think it was and he also was spacex in 2002 and tesla motors in 2003
00:36uh elon became a multi-millionaire in his late 20s when he sold his startup company
00:40zip to a division uh to basically compact computers and he's had ownership stakes in x corporation
00:47boring company xai f1 neural link open ai and starlink he's been described as the edison of
00:54our time and the de facto us president he's currently the richest person in the world
00:59with a net worth of 251 billion that's about 191 billion pounds and according to bloomberg's uh
01:05billionaires index he's projected to become the world's first trillionaire by 2027 if his wealth
01:11continues to grow at the current rate of 110 annually um errol it's such a delight that you could join us
01:18again i want to start off uh as i say what what i love doing about uh having you on the program
01:23is that we can unpack all of the stories that uh are there in the media we always say that if you read
01:29the uh newspaper you're uninformed if you uh don't read the newspaper you're misinformed um what i'd like
01:36what i'd like to do is to go through some of uh the stories that um we have heard about uh elon and
01:44first of all let's start off with uh politics and how he got uh involved because you in 1997 you were
01:50elected to the pretoria city uh council you were one of the youngest i think if not the youngest on
01:56that sort of basis and tell me how that all came about and whether that was the catalyst if you like
02:02for elon's interest in politics oh no no elon was very was a baby when i was a city councillor
02:07but i um you know um had been at university in various um you know sort of organizations student
02:16organizations so after university it seemed to me that one should try and keep on doing that kind
02:21of thing the first thing i wanted to do was to uh fix up things that i thought were not very good in
02:28in the town in which i lived which was pretoria and uh i i tried to have some improvements made and
02:34then i discovered the best way to do it is to stand for the council so i stood for the council and i
02:40was elected uh by landslide uh oddly enough i was very young i was only about 23 24 and the uh i stood
02:49up against the the behemoth or whatever they call it behemoth of the nationalist party and uh they they
02:57had everything you know they threw a huge tent and food for everybody and i had a tiny little tent
03:02and uh anyway i won the election and uh and i then continued as a city councillor i was not
03:09welcomed onto the council because i was the first english-speaking person in south africa has two
03:14distinct uh you know sort of european groups or white groups and that's the uh dutch group and the
03:20english group uh which has come about as a result of probably the napoleonic wars or something like
03:26that but at any rate uh these two groups have never really emerged in south africa and uh they
03:33still haven't even to this day but at that time they were very very uh part and so uh you know to
03:39be elected as an english-speaking person in pretoria which was the seat of you know the nationalist
03:44government uh was quite odd but anyway uh i was treated initially as a sort of foreigner but and not
03:51very nice at all but i soon uh said things right because uh turned out i my grandparents were in
03:57the almanacs of pretoria at the turn of the last century which was in the 1900s early 1900s whereas
04:03many of the uh you know dutch south african dutch guys who offered corners who were on the council
04:08had no uh such thing so i soon put them in their place and uh i went on to be quite an effective city
04:14councillor right it is it is phenomenal and i always love um that the story about uh i always say
04:20look so basically show me a child till the age of seven and i'll show you the man and hearing about
04:25that sort of background where you're growing up in a sort of family which is very interesting
04:28politics and i think you famously said that politics about 50 percent of life um your family
04:35is really really interesting because your parents i think were the first to fly from south africa
04:39to australia in a single engine plane and your grandmother was the first ever chiropractor in
04:45canada is that right well no that that's may's side but it's true um uh the uh may's father was
04:52a very uh you know sort of a prolific pilot private pilot and he uh came out to south africa he actually
05:01immigrated to south africa because south africa uh had uh the nationalist party had come in he was
05:07uh you know sort of more on the uh he was more in support of like the africaners of the german side in
05:13the second world war and uh when the uh uh you know uh at that time people didn't really know what
05:20was going on i suppose but anyway he he came to south africa because he felt that uh south africa
05:27was on the right track with the nationalist party and uh you know so he came here immigrated first
05:33only person i've ever heard of immigrated to south africa from canada but at any rate he uh he was a
05:39very good pilot and uh he uh did in fact uh like many uh pilots in those days uh fly very far distances
05:47and the reason that he could do it in those days was that virtually the whole of africa was a colonial
05:52uh outpost so every single country was highly organized highly friendly and had all the necessary
06:02fuel and all that sort of stuff that you would need to do such a flight and of course um he did
06:08the flight that that you're talking about in 1950 which gave him a very it was possible to do that
06:15in in later years when i flew up into africa as far as egypt and so on uh you you you had a lot of
06:21difficulty with uh you know even being shot at with uh sam's you know uh service to air missiles and
06:29things like that and um yard was much more difficult in in in my time anyway yeah so he did do that and
06:35it was very impressive i would say to do that i i think it's always that sort of catalyst isn't it
06:41when you're sort of turning around and saying if you're growing up in the household even if it's
06:44on your mother's side or your father's side and you're getting people who are basically uh
06:48breaking through all sorts of glass ceilings looking at the weld in a different way it does help
06:55shape the young elon doesn't it well yes but he didn't know any of that the old man was killed in
07:01an air crash uh uh before uh about when elon was about two years old he was killed in an air crash
07:07uh with my sister's husband the two of them unfortunately and um so where elon uh picked up
07:16was of course that i of course had an aircraft from from the day elon was born and so um you know
07:24um he grew up flying in a private aircraft he you know i did a lot of that sort of stuff i'm i mean
07:31i stood for parliament three times i can remember elon wandering around in his gray pants long grays and
07:36his white shirt during the whole election because he grew up with me and uh you know what he was doing
07:41but he'd be a school boy walking around watching all this sort of election stuff going on so i
07:46imagine he obviously would have been um he would be he was subject to a lot of that stuff he was it
07:53was in his face all the time and um so you know we've always been a sort of adventurous family we've
07:59on my side i mean we've done just about everything that you can do and and and of course that's why i was
08:05so enamored with may's family because to my mind they were the same and so uh i enjoyed them and
08:12because they were like me and and they they like to do the sort of things that i like to do and so
08:18that's why we sort of got on so well you know and um uh yeah so um but they were very uh interesting
08:26people and um uh you know they all left south africa in 89 you know the whole entire family on
08:34may's side left south africa in 89 with the sort of collapse of things in south africa after 1985
08:40and uh you know like many others they left the country so unfortunately that's the way it went
08:46but ilana was subject to he was he was you know what do you call it presented with and surrounded by
08:54interesting things all the time i mean he was up in africa with me when i was when i did a deal to
09:00at lake tanganika to uh you know sell my aircraft the big aircraft i had which i was trying to sell
09:06uh wanted to try and sell in england and uh on the way i stopped at lake tanganika and i sold it to a
09:11a company there from panama happened to be panama building roads and things in in zambia and a very
09:18strange time in zambia there was very little organization and you know if the prime minister
09:23came to the area in which you're in it's a very big country zambia then the entire area was cleared
09:28i mean everybody was cleared out and and it was simply because of you know the situation was
09:35assassination left right and center crazy behavior there was no real government of any kind you know
09:41right and it is it is incredible isn't it but but again it's sort of even whichever side it was and
09:47even though your parents if you like i mean the the young elon is still brought up if you like with
09:54that sort of mentality where you're looking at things everything is possible and i think you
09:59with your own with your own background as an engineer and uh playing with rockets yourself as
10:04as a child uh but turning around and say actually elon was a bit more ambitious to say look he's
10:08actually going to build a real one yes well you know we were always a bit odd and then i had a very
10:14strong a very very as the whole family will tell you a very very strong tough mother from britain
10:22and she was actually half south african because her father had come out to south africa during the
10:26war war and married an african school taking her back to england and that was my mother was born there
10:32and in liverpool and she came out here she was she was she was touched from every angle and and very
10:37very uh you know sort of supportive i mean you know with it with her on your side you could more or
10:43less take on just about anything and uh you know she took she was elon's uh after may left she was
10:48more or less elon's you know sort of mother de facto mother really i suppose because you know i was
10:54as a consultant you know i was always all over the show and the country and and she was always there
10:59for him we we had then gone into horses so elon was uh you know exposed to to to to throw a bit
11:05horses and riding and all that sort of stuff so yeah we we we did uh he did experience a great deal of
11:13uh of things i mean no doubt no doubt about it i mean i bought him his first real motorbike real
11:20motorbike when he was seven right it was a real motorbike i mean it wasn't a it was a real motorbike
11:26i mean what was it what what i used to have a monkey i used to have a little monkey bike is one of those
11:32little small ones was it that that sort of size that's what you used to call them monkey bikes i think
11:36when i was no no you could take this on the right on the road oh really okay oh yeah it was a
11:41it was a uh an idle jet a 50 cc idle jet and i brought him and kimber one kimber was only six
11:48and i mentioned this to kimber a few years ago and i he said to me i said when he was when i was
11:52looking at how he babies his sons at the moment at that time i said to him you know gee remember when
11:57you were six i bought your motorbike he said dad that was insane that was totally insane
12:02but at any rate um they they were doing all that kind of stuff look i mean elon and and and kimber
12:11had been to uh well all of my kids but generally if you take elon kimber they'd been to just about
12:16everywhere by the time they were 10 i mean they'd been to london paris rome you know by the time they
12:23were 12 i think they'd been to the far east the middle east america south america you know they seen
12:28just about every place there was to see and i spent what money i had instead i suppose investing
12:33in some sort of uh trust or something or whatever you call it some annuity i i took my kids all over
12:39the world and uh i even took them down amazon on on occasion not the whole amazon just for 200 miles
12:44and um that was quite an experience and and um you know so these kids um you know were exposed to
12:52all sorts of normal i wouldn't say nor abnormal things but sort of out there things you know so
12:58um i never really expected much from them as i didn't think they would go i mean i'm stupid i i
13:04really thought that they would all just sort of always follow me you know follow me around i didn't
13:09really think that when they got older they would sort of take off on their own type of thing i didn't
13:13think of that i never occurred to me and um and uh i always thought that always be like you know i'd
13:19always be supporting them or something i don't know quite know how i thought about it but
13:22you know pretty soon i i saw that i was quite wrong and when they were about 23 24 you know
13:29and they they started their first business i went over i've been trying to help them financially
13:34because it's very difficult from south africa with the money situation here being so so sort of
13:39messed up but at any rate i um did send them money to help them with their first business but it was
13:45ridiculously small just enough for rental and and stuff like food i suppose and then they suddenly got
13:50a four million dollar uh uh injection cash from from a from a company that publishes newspapers
13:57because elon went to them and said you're going in 1995 he said to them when he was like 24 he said
14:02you you're going to have to go onto the internet you know and and nobody even knew what the internet
14:06was certainly in south africa we we didn't have a wi-fi right few people had it they would have heard of
14:11it and um he went to them and said look you're going to have to go on the internet and and um and he
14:16convinced them and quite frankly i think a lot of people at the time would have said look what are
14:21you stupid or something because a lot of people were saying at the time the internet is just a fad
14:25it's just going to you know it's going to go off like the cb radios or something like that
14:29and um elon had the gumption to go to these people and say look if you don't go on they published
14:34newspapers they published 11 newspapers if you don't uh do internet publishing you're going to be
14:40you're going to be lost and they believed him and they gave him four million dollars in cash
14:46in 95 which i couldn't believe it i i said to him look take some of this money you know like
14:50two hundred thousand dollars and put it in south africa so in case you have to run away or something
14:54you know they just laughed at me but anyway they um they they turned that four million dollars into
15:01about five hundred million dollars wow in a space of about just about less than two years
15:08they turned it into well give it a take two and a half years to make it more in two and a half
15:14years they turned it into about 500 million elon was very upset when they sold the company because
15:18he figured if they could have gone on he would have turned that company into a three billion dollar
15:22company right and and how how did they do that i mean this this was just in the early days of
15:27understanding the internet and so on and so forth i mean how do they get such a tremendous multiple
15:31well they um they um that what my children just arrived they they um um uh what how did they do
15:43that yes well um they elon finished university um in um 94 or 93 or 94 92 93 somewhere there
15:56and i said to him look and he said he wants to start a business i said look i can things are so
16:01tough here in south africa i can help you and elon kimball but i can't help just you and then later
16:08kimball so whatever you do you've got to include kimball and if you do well because i'm gonna have
16:14to sell my things here you know whatever i've got a quarter of the value actually at the time
16:18right i sold a yacht that i paid 400 000 for i sold 100 000 and sent them the money but i had to
16:25and and um so i said you i can't do it twice so you're gonna have to if you do well you have to
16:30look after your sister as well so they sort of said yes and then then i uh then what elon did was
16:35he he spent an extra year at university in pennsylvania doing a degree in physics he used the
16:42credits he had and he uh to do a course in theoretical physics after he graduated from wharton
16:49uh which is a the top business school and he graduated from wharton summa cum lord which means
16:55top of the cum lords you know sort of thing and um he um so he had this extra year that he missed
17:02about there it's interesting that he did that because he then went to uh um um san francisco got a job
17:09during the vacation yeah very long vacations there and he got a job during the vacation working for
17:14pinnacle research in san jose and they were they were researching batteries deep cycle batteries
17:21that could be used in place of lead lead acid batteries in other words a capacitor if you
17:28understand the term the capacitor like you have any electronics you know as opposed to a battery
17:33which would uh capacitor can store energy but not much and and and so on but anyway the pinnacle was
17:39trying to work out a battery as capacitor that could be so good that it could be used to power
17:44motor cars and this was very fascinating to him and it was that that later on led him to look for those
17:50people uh years later uh into about 10 years later to look for those people and um and um and he met in
18:011994 in 2004 to find out what had happened to their electric car and that's what brought him to
18:08these guys who then moved into a garage and were using laptop uh batteries to power a fiberglass
18:17sports car that they built and which elon then promptly got in and drove around la and he said i want
18:23this i'm going to buy this company bought the place from them and took them out of terrible debt that
18:29they were in and um he proceeded uh with uh with tesla then uh on that basis shortly after that he felt
18:37they weren't up to the type of job that he wanted to do so he fired them and and that wasn't very good
18:42but i spoke to him about it and i explained to him that you know if you want people to spend the rest of
18:47the next 30 years hating you then do what you're doing on the other hand give them credit for the
18:52fact that they came up with the idea initially of using laptop multiple number 6800 laptop batteries
18:59to power a car and and things will be much better and elon listened and he did that and so
19:04they're all very on good terms now thank heavens and they all have credit for having started tesla
19:10and um uh they have uh i i listened to an interview with martin uh everhard and he said uh at the moment
19:17elon is his best friend and all he's looking at is his value his shares in tesla and he just can't
19:24believe it right what has happened to his shares in tesla because of course they went through the roof
19:28you see and um yeah so elon pushed tesla up to like a trillion rands dollars rather yeah and um
19:36you know so that that's that story so that's how he got into it but he started off they started off
19:41um in the beginning elon and kimball in 1995 when they had this little office that they had they said
19:47they want to start a dot-com company and they started with the first thing they started was was a city
19:52search uh program where you could like find your way now american cities are like all like london
19:58squared so i mean you can't find anything unless you have a lot of information because although
20:04there's a grid system it's you know there's like hundreds of streets in the grid system so to find a
20:10place is very difficult so elon came up with the elon kimball came up with the idea of a city search
20:16only to find out that there were many people who were doing city search and so that immediately
20:23they realized wait a minute i think city search was somebody else's scheme the name and they realized
20:29well that's not going to work and that's when elon had this sort of epiphany and decided that the
20:34newspapers are going to have to go onto the internet and i must say that if you want to give elon credit
20:39for anything i would say you have to give him credit for that because in 1995 anyone who sort of
20:48approached let's say the newspapers here and said look you're going to have to go on the internet i
20:53mean they would have laughed at you you know i mean i remember as a matter of fact later much late in
21:00about 2006 as i've always had rolls royces i happen to like rolls royces but i've always had older ones
21:07anyway but anyway i've had them and i i got hold of rolls royce and i said to them in about 2006
21:12you know uh you're going to have to have an electric rolls royce and rolls which is highly suited to an
21:18electric to being an electric car of course they just ignored me and they said thanks for your advice
21:23but no thanks and um and they were very nice gentlemen but but they they they said no thanks of
21:29course now they're looking to try and build an electric car right rolls royce a little bit late but
21:34anyway they're trying to do it but at any rate so so yeah so elon had this this foresight
21:42to realize that everything is going to be online and you know things are so online now that if you
21:49went to buy a newspaper where either it's about three pages it's about four pages i don't know what's
21:54in it i don't know what's it well they've just stopped doing the uh the evening standard over
22:00here apart from sort of once a week something in it i well i think this is as you say online is the
22:05new front line isn't it they're working on that sort of basis uh which is if you want to know anything
22:09you go straight online yeah you know truly i i i think that that that's that's the interesting
22:16thing about all of this it's just the way that things evolve but also understanding that that's the
22:21pattern if you like because working on that sort of basis i never thought of that well and of course
22:26right now there's somebody who must be thinking of the future as well yes right i mean i never had
22:31any idea thought of self-driving motor cars i never heard to self-driving motor car what's that and
22:38suddenly you don't have this idea we're going to have cars that drive by themselves this was years ago
22:43uh 2012 and you know the funny thing is you know and i i arrived in uh uh uh denver in nine in 2016
22:54right and uh it was actually 2015 end of 2015 starting 2016 and i was picked up the airport
23:01my one daughter came with me from south africa and the other daughter was with my son kimball who picked
23:06us up there in a new tesla sort of sports car sporting version of the model s and um we got into
23:12this car it was as i say december 2015 and kimball said to me dad look at this i was sitting next to
23:18kimball in the front seat and and without holding the steering wheel but his hands under the steering
23:24wheel cupped under the steering wheel the car withdrew itself from the parking in the parking lot of the
23:29denver's airport drove to the all by herself to the exit chose the correct exit he then exited the
23:39airport and it drove us to a special road that had been put in where you could at that time travel
23:45foster you could the limit speed them to 75 you paid for that road like a toll road but you could you
23:51don't have to be 60 miles right here 75 right and at that time and the car took us onto that road
23:56and only warned us towards boulder which was the city we were heading for 45 miles away that uh there are
24:05road works ahead please take over and uh the car then he took over then after the road works the
24:12car resumed control and took us all the way back to his home in boulder drove us into uh not into a
24:19garage but into a parking space at his house and uh and he said that's our self-driving and that was
24:25how long ago i said that's eight years ago yes no he said we're still testing it so that's why his
24:31hands were cupped under the steering wheel all the time but we're still testing it so at the moment i
24:37think the problem is getting um you know um approval for these sort of things and of course um there
24:44have been there has been a lot of uh a lot of cars being used on autopilot and accidents have occurred
24:51because people reading books and things like that and it says like you know in any thing like that
24:56with an aircraft would you have an autopilot or something says doesn't mean you can go and have
24:59a cup of coffee when you're flying an aircraft that's on autopilot it means you have to sit and
25:02watch the autopilot you know and uh at the same in the same way when they sold these cars they said you
25:08can go on automatic or auto drive but you have to say alert and some people unfortunately didn't do that
25:14but um there are a lot of people using that facility uh we have cars in america that have
25:20with the auto facility um we generally don't use it because most of the time we like driving so
25:25um but that's the thing isn't it it's sort of leisure activity as well i know you you and i we
25:30like our cars and uh and i think the old classic ones uh um you don't want to get rid of those because
25:35it's a it's a leisure activity in addition it's your mind it's a it's actually a restorative
25:41sort of thing to do i mean i i i remember my dad i think would have said to me if i was in a state of
25:48or something i think he said go for it or my mum go for a drive right i said what do you mean where
25:52am i supposed to drive you just go for a drive yeah and you know you'd go for a drive somewhere
25:57and uh you'd come back it'd feel all right you'd be back on back in uh back in form you know sort
26:03of thing i think that's true no i i think you're right they're probably also going to have to change
26:07the driving tests aren't they when you start getting these automated cars because it's it's a
26:11different skill if you like is you let them take over but you've got to stay alert just in case
26:15you know it's always got to be a human override just well you know i have a i had i sold it i had
26:21a mercedes c uh v12 and uh it's the v12 mercedes has got a self-driving facility where it will uh
26:30won't steer for you but it will stop you in traffic it will control your movement in traffic you don't
26:36have to touch the accelerator and um i use that quite a lot but i did on occasion uh discover that
26:44when i was coming up to a point where the auto drive or whatever it's called was meant to stop me
26:50it had not it switched off right and luckily i was able to stop so if i hadn't done that i would
26:59have gone straight into everybody because it stopped and went on according to the traffic and um you have
27:06the same thing in aircraft uh aircraft i've had many aircraft and so you know most of them have
27:12nearly all of them have an autopilot these days so you get different kinds of autopilots you know
27:17two axis three axis you know and all that sort of stuff but you have to keep an eye on it because
27:21you can it's just the sort of thing that happens is that the moment you decide i'll bend down and
27:27see what's under my seat in the aircraft you know look for my lost pen or something like that
27:32that's the very moment that the autopilot will say hey i think i'll stop working yeah and then when
27:38you look up again you're upside down yes you know or rather nearly upside down that's happened that's
27:42happened to me and that's the problem isn't it because when you're introducing any new technology
27:47it's all about getting trust and i always say look trust comes in on foot but leaves on horseback and
27:52you hear about these accidents and it sort of puts people off to start with so it's that sort of test
27:57isn't it make sure that you get that comfort make sure that people get trained accordingly i mean
28:01you you went on some of the uh you went to see the first ever spacex for example uh and we talked
28:07about so you've got astronauts you've got various uh members of the public are now going for the first
28:11ever spacewalk is that something you would do is that something you would trust oh look i mean
28:16spacex is is the best i mean the the quality and standards uh that spacex have have is i don't know
28:27for from an engineering point of view and from a you know sort of technical perfection point of view
28:32you just can't you just can't believe and the reason is that the boys and girls that are in there
28:39and they are boys and girls are so dedicated are so they're the i mean they're all they're not all
28:46tech uh math fundies some of them are are sort of human relation time you know whatever but they're
28:53also totally dedicated to the uh to to spacex and they they brought their brilliance together and
29:04you know it's got to be an exercise in probably one of the most one of the best companies the most
29:10perfect companies that have ever been created mainly also because what they're doing doesn't
29:17allow you you don't get second chances right you know it's not like you can have another go let's
29:21try okay it didn't work let's try again it doesn't work you only get one chance and uh so what they've
29:27achieved is is marvelous i mean absolutely marvelous they've done in in a very short time you take the
29:33sports spacewalk for example that was something that the russians and the and the uh americans and i
29:39imagine maybe i don't think the european community but anyway spent years trying to achieve a spacewalk
29:46and spacex does it uh you know just like that and and um and with people who haven't spent years and
29:54years flying jet aircraft or anything like that but in fact have been behind a desk most of their lives
29:59and that's the way it should be you should be able to do that and um that's otherwise what's the point
30:05and uh yeah so that the the next thing is of course getting um the the starship up and and running
30:13and um it's hard it's a very hard thing elon is you know people will ask me is elon happy and i mean
30:19of course he's happy you know in a way but i mean he would like to be really is now with spacex maybe
30:24five years ago or six years ago um i think he's fairly happy with tesla i'd like i think he'd like
30:31uh the auto self-driving to take off by now but generally i'd say spacex is the thing that he
30:37would have liked to have seen uh because you see he we we tend to measure things in terms of our own
30:44lives i mean a lifespan is is like supposedly three score and 10 so i mean you know he's 53 now so
30:52and he's got to uh do that uh what he has in mind you know before his time is uh is up and uh and
31:00that's a problem you know if he had another 100 years well he could sort of sit back and take his
31:05time but unfortunately he can't so you know you want to you want to get on with it so that it can
31:11happen in his lifetime let's put it like that you know it is phenomenal the the seismic changes that
31:17have happened in in our lifetime just in the last few years and and elon has been right at the
31:22forefront and center of that um what he's also been at the forefront and center is uh getting involved
31:27with politics and we looked at that sort of side and uh as well as the various run-ins with people
31:32because his glorious sense of humor um doesn't necessarily match everybody else's sense of humor
31:37uh sometimes it does get him into trouble um we're going to take a quick break when we come back we're
31:42going to be looking at some of the stories that are hitting the headlines and putting those into
31:46perspective and getting the truth uh don't touch that dial
31:49you

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