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Why Puerto Ricans Hate Logan Paul & The Crypto Bros He Rode In On, The Kylie Jenner BBL Problem, & - YouTube
Channel: Philip DeFranco
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- 'Supp you beautiful bastards.
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Welcome back to the Philip DeFranco show.
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Hit that like button to help support
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some common sense news coverage,
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and or if you want me to
consensually assault your throat
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and let's just jump into it.
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Ah, you know, the first thing
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that we're gonna talk about today,
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that's not super in the
mainstream right now,
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but I do believe it's gonna
get bigger and bigger.
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Let's talk about why people are
plastering Logan Paul's face
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up on walls and tons people demanding
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he get the hell outta town.
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Now, how the independent
journalists has been
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covering this topic, explain it for you.
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- Told you that tensions
are rising in Puerto Rico,
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and here's another example,
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flyers, like these can be found
in San Juan and they read,
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"this is what our colonizers look like."
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This is written in a
major highway in San Juan,
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and if you've been following my reporting,
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you know that there is
backlash against tax breaks
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that are inviting wealthy people,
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mostly from the continental
US to move to Puerto Rico.
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- All right, so essentially
while Logan Paul is not
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the specific problem, he
represents the greater issue
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for a lot of people
and he is a part of it.
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Because the story ultimately boils down
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to wealthy investors are
moving to Puerto Rico
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at record rates and it's causing
serious issues for locals
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with many of the mainlanders
settling the island
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doing so to take advantage
of tax incentives
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that were created to attract
outside money to Puerto Rico,
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which is climbing out of bankruptcy.
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And under the tax break law
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resident investors must acquire residency
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and buy property in Puerto
Rico within two years of moving
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to qualify for reduction of income taxes
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on long term capital gains, dividends,
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interest as well as revenues
from their services.
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Now, notably this law has been in place
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in some fashion since 2012,
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but the appeal of the tax breaks
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have increased significantly
in recent years.
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Right after hurricane Maria
devastated the island in 2017
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displacing thousands from their homes,
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housing prices dropped
and investors moved in
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to swoop up the cheaper properties.
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And the number of applications
from people trying
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to become resident
investors has skyrocketed
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during the pandemic, as more
people move to remote work.
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In fact, as of this passed October,
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the island had received a record
1,349 applications in 2021,
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with the New York Times noting
while there are new settlers
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beyond just those who want tax breaks.
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It is the finance and tech investors
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who have formally applied
for tax break status,
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who have drawn the most attention.
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With the island specifically attracting
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many cryptocurrency traders,
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but also other prominent names as well.
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And of course, among those last February,
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you had Logan Paul
announcing on his podcast
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that he was moving from
Los Angeles to Puerto Rico.
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And while he claimed
there that the tax breaks
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weren't his primary reason.
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He did cite them as one of the reasons.
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- It's getting crazy here in California,
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you know, paying taxes.
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- [Man] Everybody is leaving here.
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- And for what?
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Because the potholes in
the streets are not fixed.
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- [Man] Homeless people.
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- Homeless people everywhere,
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a Darth of employment,
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COVID not handled the,
like, I don't know, it just,
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I don't love it.
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- And, and so with that many people,
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including many many local see Logan Paul
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moving to the island and buying
a massive 13 million mansion
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is part of the big problem,
rapid and severe gentrification.
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Like this influx of resident
investors snapping up houses
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has dramatically driven
up rent and housing prices
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forcing many of the
people that lived there
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out of their homes,
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and in some cases out
of their towns entirely
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as the real estate boom moves
from the capital of San Juan
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to smaller towns.
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And it's not just that resident investors
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are moving to the island.
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Many of them are also
buying other residential
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properties that they either
resell at higher prices
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or turn them into vacation rentals.
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And so not only does this turn,
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what used to be regular
neighborhoods into Airbnbs
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for wealthy tourists,
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it's also creating a housing
shortage that makes it harder
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for residents who have been pushed outta
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their homes to afford new ones,
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especially given that 43% of Puerto Ricans
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live under the federal poverty line.
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And what's absolutely insane
is to make matters even worse.
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The over 3 million Puerto
Ricans already living
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on the island do not
get the same tax breaks
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that are causing all of
this in the first place.
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Because in order for
an investor to qualify
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for the tax breaks,
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they have to prove that they have not been
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a resident of Puerto Rico
for at least 10 years prior,
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which is why you have
hundreds of thousands,
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if not millions of Puerto Ricans
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looking to their government going,
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why are you incentivizing them to fuck us?
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With many pushing for
the end of the tax breaks
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and for the resident investors to leave.
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You see in graffiti
around the place saying
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go home or go home gringo.
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Last month we also saw protestors
gathering on old San Juan
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to call for the tax breaks to end.
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And that's of course, in
addition to a number of protests
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we've seen regarding this,
also access to beach,
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there's a whole situation going on
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but as far as what the
Puerto Rican government
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is going to do, as of right
now, probably nothing.
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The Puerto Rico's governor,
Pedro Pierre Luisi
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having championed the policy,
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and him seeming very
unlikely to remove it,
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with him telling Time last year,
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my stance has always been
that statehood for Puerto Rico
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is the best option.
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And adding that until then,
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the law is part of the ongoing effort
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to attract population and new investments.
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So that's why with this,
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you do have some people saying, well,
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at least this may
increase pressure to give
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Puerto Rico statehood, which
the majority of the island
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has voted for multiple times,
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including most recently in 2020.
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But the power to do so ultimately resides
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in the hands of Congress,
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and you know, you watch this show,
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that's not happening with
this Congress anytime soon.
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Ultimately that's where we are,
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now you know the full situation
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as well as why you might
see people on social media
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calling Logan Paul, a colonizer.
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But with all of that said,
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I now do you wanna pass
a question off to you?
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What are your thoughts
on this whole situation?
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Whether it be Puerto Rico, the government,
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the the people like Logan Paul
and these Bitcoin investors.
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Let me know what you're thinking
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and why in those comments down below.
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And then let's talk about a story
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that starts with a question.
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What is the furthest you've
ever gone for revenge?
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And it's a rhetorical question.
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Stop typing.
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Why are you type, this
is a public website.
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Some of y'all are too comfortable.
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Say it with me.
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Self-incrimination, that's a bad thing.
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You don't wanna do that.
It's also part of the reason
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why we don't know the name of the guy
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that's actually at the
center of this story.
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He hasn't given outlets his real name.
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He goes by P4x.
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To make it more fun for me,
I'm gonna call him Perry.
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And the way the story goes is that Perry
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has his vendetta against North Korea,
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and more specifically
North Korean hackers,
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because he was targeted by those hackers
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likely due to his work
as a security researcher.
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You know, that's not too shocking.
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For a while now, North Korea
has carried out attacks
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against this group,
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in the hopes of acquiring
some of the more sophisticated
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hacking tools that researchers
in the US have access to.
[308]
While this specific hack
did not amount to much
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because Perry was able to stop it.
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He was pissed off.
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Perry goes to US
officials about the hacks,
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they end up just ignoring it.
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And so for a year, Perry just sits there
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and he simmers until
ultimately deciding, fuck this.
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I'm gonna go digital John Wick,
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and he engages in his own war
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and attacks against North
Korea over the last two weeks.
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And North Korea, they
have very few websites
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but they are key.
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The things like news outlets
and government pages,
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buying tickets online for its airlines.
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Yeah, all of those were
taken down by Perry
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who saw that North Korea infrastructure
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was full of vulnerabilities
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that made them susceptible
to DDoS attacks.
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Now, as far as the
vulnerabilities in particular,
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we don't know because he won't tell us
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because it appears that his
North Korea fun is not over yet.
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But reportedly his
attacks were so effective,
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that for a bit experts in the field
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thought that it was possibly
a state run operation.
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But also I think a key
thing in this story,
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it's not just like an angry
guy who's exacting revenge,
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but rather Perry thinks
that if you do not respond
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to stuff like this, it
sends the wrong message.
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Or as he told Wired,
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it felt like the right thing to do here.
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If they don't see we have teeth,
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it's just going to keep coming.
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And personally, that's
something I can nod my head
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in approval with.
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So Perry, you are our
(indistinct) of the day.
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But from that, I wanna take a second
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to thank the sponsor of
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or simply click the link
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in the video description down below.
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And then let's talk about
you looking slim thick,
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which is a sentence I never
thought I'd say out loud.
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But what we're really talking
about with this story today,
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is the evolution of female body standards
[433]
and how this negatively impacts women.
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That is because a new study found that,
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the new slim thick body type
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has seriously affected the ways
that women view themselves.
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So the study comes from
York university in Canada
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and it examined how a group of 402 women
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responded to imagery of
various ideal body types.
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You have things like the thin type,
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think traditional runway
and magazine models,
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especially those
popularized in the nineties
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and two thousands.
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Then the fit type,
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that you might see from
fitness influencers,
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and then finally slim thick,
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which is kind of the
major point of the study
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and is characterized having
a large butt and thighs,
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and a small waist and flat stomach.
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Or think Kylie Jenner or Kim Kardashian.
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With this study referring
to these three as different,
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"body ideals".
[465]
And while yeah, is revealing that
[466]
"comparison to body ideal imagery
resulted in greater weight
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and appearance dissatisfaction,
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and less overall body satisfaction."
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It specifically noted that those exposed
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to slim thick imagery
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experience more weight and
appearance dissatisfaction,
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and less body satisfaction
[478]
than those in the thin ideal condition.
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So essentially all of
these hit women negative
[481]
but slim thick hit worse.
[483]
With the study going on
to say it was concluded
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that drive to achieve body ideals
[486]
is shifting to a slim thick body,
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which may be more detrimental
to women's body image
[489]
than thin ideal imagery.
[490]
With researchers, Sarah
McComb telling Yahoo Canada,
[493]
the thin ideal has long
been identified as a threat
[494]
to women's body image.
[495]
And there's been a call
for body image campaigns
[497]
in the media to showcase a
greater diversity of body types.
[500]
But adding, however,
[500]
even though the slim thick
body type touts a larger frame,
[503]
it is not a healthy alternative
[504]
to the thin ideal for media consumers.
[506]
With them noting that this physique
[507]
can often only be attained
via plastic surgery
[509]
or very specific exercises
[511]
that put muscles on
specific parts of the body.
[512]
And according to the Independent,
[513]
when it comes to plastic surgery,
[515]
the Brazilian butt lift or BBL
[516]
was the most popular
cosmetic surgery last year.
[518]
But, as of late, it is
also the most deadly,
[521]
but despite this potential risk,
[522]
this is the body type
that more and more women
[523]
are willing to get the procedure to have.
[525]
Which is also why you had
researchers like Jennifer Mills
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telling Yahoo, internalized pressure
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to have a slim thick body
type can lead to risky
[530]
body modification practices
such as waist trainers
[532]
and plastic surgery.
[533]
And adding the combination
of the current business model
[535]
of social media and the
way humans naturally think
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and feel, makes it hard
for people to ignore
[538]
all the images around them.
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For some vulnerable people,
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this is going to lead to
mental health problems.
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And ultimately with a
story like this, I mean,
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part of me is like, I
don't know how to end it
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because I think when it
comes to plastic surgery
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it's a very you issue
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or it doesn't matter
what other people think
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or does ever plastic
surgery make you feel better
[552]
more confident, whatever.
[553]
But then also, try and think of why
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or because if it's just
because of social media
[557]
and the things that are being like touted
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to you as natural, but
they're very, obviously not.
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And it's just stuff that
makes you hate yourself.
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That's a reason to pump the brakes.
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Especially when it involves,
what's been referred to
[567]
as one of the deadliest plastic surgeries,
[568]
and also side note to the
people getting plastic surgery
[572]
and then touting it is just like,
[573]
these are my gains in the gym and diet.
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Please go fuck yourself
and maybe jump off a cliff.
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For legal reasons I'll
say with a parachute,
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but accidents also happen.
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You see all that's half the,
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that's more than half of most industries
[584]
is making you hate yourself,
[586]
so you need what other
people are giving you.
[588]
And side note, specifically
when it comes to BBLs
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maybe also just like sit
on that idea for a minute
[594]
because it maybe going away
[596]
because a lot of the BBLs
I end up seeing usually
[598]
on like a TikTok they're
bad, like clownish.
[601]
Like if you ask one of
those caricature artists
[603]
on a boardwalk to like,
draw me with a big,
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like that kind of look, but
also it's your fucking life,
[608]
I'm not your daddy.
[609]
And once again, when it
comes to anything like this
[611]
it's a very personal journey.
[612]
How about this, as your
digital step daddy?
[614]
I just want you to be okay.
[616]
I don't want you seven years from now,
[617]
like turning around crying
in the mirror, Jessica.
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Anyway, I guess that's the
conclusion of this segment,
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white men talking about women's bodies.
[624]
Then in huge business news,
[626]
let's talk about why Meta,
Facebook's parent company,
[628]
did a fantastic impression
of Peloton stock last night
[630]
because it was so massive,
[632]
Mark Zuckerberg might have
actually had an emotion
[634]
and shed an oily tear from his
animatronic face last night.
[637]
The stock after market last
night crashing nearly 25%
[640]
meaning that around 200
billion in market value
[642]
just disappeared overnight.
[643]
And as far as why this happened,
[645]
it's because Facebook revealed
[646]
in its quarterly earnings
report yesterday,
[647]
that for the first time
in its 18 year history,
[649]
Facebook actually lost daily users.
[651]
Which while it's kind of a small number
[652]
they only lost about half
a million, which is a lot
[655]
but not really when you consider
[656]
that about 1.93 billion users login a day,
[659]
but it did spark concerns
[660]
because the affected markets
were Latin America and Africa,
[662]
which Facebook has been
relying on for growth
[663]
after America and Europe just
stopped getting new users
[666]
years ago. And the thing is,
there's a lot more factors
[667]
at play than just
oversaturation in the market.
[669]
They have what some would
call the Fox News problem.
[672]
They have a problem getting
younger demographics,
[674]
with younger people flocking
into platforms like TikTok.
[676]
And on top of that, Meta
is facing a lot of scrutiny
[678]
from regulators around the globe
[679]
and that pressure might be
finally catching up with them.
[681]
And that's in addition
to Facebook being all in
[683]
on trying to force the metaverse
[685]
with its Facebook Reality Labs
[686]
losing 3.3 billion in
its most recent quarter,
[689]
which personally I'm kind of okay with
[690]
because kind of hoping that
[691]
Facebook understands the metaverse
[692]
and they're the ones that get it right.
[694]
It's kind of like rooting for
IOI in "Ready Player One",
[696]
but also wasn't complete
bad news for Facebook.
[698]
Their other platforms
like Instagram, WhatsApp
[700]
and Messenger, continue to add some users,
[702]
with Zuckerberg telling us
in this exclusive interview
[704]
that he's not worried about the losses.
[705]
Great question, Phil.
[706]
Last year was about putting
a stake in the ground
[709]
for where we are heading,
[710]
this year is going to be about executing
[712]
like a regular human person.
[714]
Zuckerberg also emphasizing
that they're not going
[716]
to abandon its core apps
[717]
and that they're very
focused on reels right now,
[718]
of course Facebook's TikTok reskin.
[720]
Yeah, ultimately that's
where things are now.
[722]
And the question now
I just proposed to you
[723]
and this is gonna be different depending
[724]
on which platform you're watching this on,
[726]
one if you use Facebook,
how much and what for?
[728]
Two, what would you say are
the kind of the the top two
[730]
social media services that you use?
[732]
I mean, personally these days,
[733]
I would say YouTube and TikTok.
[734]
So maybe even, even,
especially since TikTok
[736]
the algorithm like it's not feeding me
[738]
dumb, childish bullshit.
[739]
Yeah, let me know.
[740]
And then let's talk about the massive
[742]
weather problem right now.
[743]
Like we already knew
this was gonna be bad,
[744]
when winter and ice warnings
were issued to over 110 million
[747]
people from New Mexico to Canada.
[749]
And so far, those warnings
seemed to have been well placed,
[751]
with Axios reporting this
morning that over 5,500 flights
[753]
scheduled for Thursday
in the United States
[755]
were canceled as of this morning.
[756]
With Dallas Fort Worth
International Airport,
[758]
one of the country's busiest hubs,
[759]
having only one runway
open shortly afternoon.
[761]
Meanwhile, we're also seeing reports
[763]
that hundreds of thousands
are without power right now
[765]
because of this storm.
[766]
But according to the
tracking site poweroutage.us,
[768]
about 52,000 customers in Texas
without power on Thursday,
[771]
as well as 135,000 in
Tennessee, mainly in Memphis,
[773]
22,000 in Arkansas.
[775]
And so obviously we're
gonna have to keep our eyes
[776]
on this whole situation
[777]
but there's also been a
very specific focus on Texas
[780]
and Texas governor Greg Abbot.
[781]
Which makes sense, of course,
last year's winter storm.
[783]
I think over 200 people died,
[785]
millions were without power for days.
[787]
And so since then, and as
winter got closer and closer
[789]
had people going okay but are
we gonna be safer this year?
[791]
Which ultimately led to Abbot
saying in late November.
[793]
- I can guarantee the lights will stay on.
[795]
- But then reportedly saying then,
[796]
that his guarantee is backed
by nearly a dozen measures
[798]
he signed into law this year
[799]
that makes the state's
power grid more effective.
[801]
But then we've fast forward
to this last Tuesday
[803]
where Abbot was saying a different tune.
[805]
- No one can guarantee
[806]
that there won't be a "load shed event."
[809]
- But, still I do wanna
note that does not mean
[811]
that everything is definitely guaranteed
[813]
to be completely fucked,
[814]
just as bad as last year or
even worse or anything like that
[817]
because his reports have noted,
[818]
the Electric Reliability
Council of Texas CEO Brad Jones
[821]
told The Texas Tribune
[822]
that he expected to see
electricity demand peak
[824]
at record levels at early Friday,
[825]
even surpassing that experience
[826]
during last year's deadly winter storm.
[828]
But, adding that ERCOT
had a much larger cushion
[830]
of power available to the
grid now and should cope,
[832]
with reports going on to
explain that a major factor
[834]
in last year's wide spread power outages
[835]
during that cold snap,
[836]
was preexisting shutdowns
of natural gas plants.
[839]
Which I guess to summarize theoretically
[841]
things could get much worse
[842]
because we don't know what's
gonna happen until Friday
[844]
when peak demand's gonna be hit,
[846]
but it does appear you have Jones saying
[847]
we are prepped for this.
[848]
And so hopefully for our
brothers and sisters in Texas
[850]
that is true,
[851]
but ultimately that is
where that story ends,
[852]
today's show ends.
[853]
And so as always thank for watching,
[855]
like and hit that subscribe button,
[856]
join in the family for these
daily dives into the news.
[859]
I love yo' faces and
I'll see you next time.
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