meta_pixel
Tapesearch Logo
Log in
The Culture War Podcast with Tim Pool

The Culture War #80 Theaters BLOCK City Of Dreams, Major Cities COLLAPSING, Debt Default w/ John Devaney & Shane Cashman

The Culture War Podcast with Tim Pool

Timcast Media

Society & Culture, News

4.8646 Ratings

🗓️ 6 September 2024

⏱️ 128 minutes

🧾️ Download transcript

Summary

Host:

Tim Pool @timcast (everywhere)


Guests:

John Devaney | https://www.manorhousefilms.com/ | https://www.cityofdreamsmovie.com/

Shane Cashman @ShaneCashman (everywhere)


Producers: 

Lisa Elizabeth @LisaElizabeth (X)

Kellen Leeson @KellenPDL (X)

Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

A new movie, City of Dreams. You may have heard of it. There's a viral video. I believe it was Kevin Posobic who went to the movies and he was attempting to buy a ticket and when he pulled up the seating map, all of the seats were blocked. You couldn't choose any of them. Now this is strange. He went into the theater and it was empty.

0:23.0

This sounds very similar to what happened with Sound of Freedom. The interesting thing here is that

0:28.3

City of Dreams has to do with human trafficking as well. So we're going to talk about this.

0:33.0

The movie is now being dropped from theaters. This is a crazy story. But there's a lot more to it.

0:38.1

We're being joined by John Devaney, who's also, I guess you're what, a retail and real real estate expert.

0:44.5

And so you've got a lot to say about what's going on with this movie, with it being blocked.

0:49.5

But also, we were just getting into, you're saying that these cities like Chicago, as after becoming

0:55.2

ghost towns, there's going to be a debt default.

0:59.0

Like before the show even started, you were like, listen, we've got, okay, okay, we'll

1:02.5

son.

1:02.6

So who are you?

1:03.4

What do you do?

1:04.4

So anyway, my name is John Devaney.

1:07.3

I'm a bond trader.

1:09.6

I own a company called United Capital Markets that was founded in 1999.

1:14.8

And what we do is we buy and sell structured finance bonds, bonds backed by residential mortgages,

1:22.0

commercial mortgages, there are asset back securities backed by credit card loans, auto loans.

1:26.6

It's a very big part of the bond market that's as big as the entire corporate bond market.

1:32.3

And so I was really good at modeling and sales when I was in my 20s.

1:37.3

And I started this company and started providing liquidity to these very complicated securities.

1:42.5

And I've been incredibly, incredibly blessed throughout my career.

1:46.7

You know, my company took off in 99 and 2000, oh, 102.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Timcast Media, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Timcast Media and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.