# Coin of the Realm

> A massive trade penalty hits China as the WikiLeaks Vault 7 dump reveals the secret cyber-intelligence tools used by the CIA to bypass global encryption.

- **Show:** [The No Agenda Show](https://search.noagendashow.net/index.md)
- **Episode:** 910
- **Published:** 2017-03-09
- **Length:** 3h 8m
- **Topics:** [Vault 7](https://search.noagendashow.net/topic/vault-7.md), ZTE Sanctions, [Elaine Chao](https://search.noagendashow.net/topic/elaine-chao.md), Zero-Day Exploits, Stingray Surveillance, Big Dig, [THAAD](https://search.noagendashow.net/topic/thaad.md)
- **Web page:** https://search.noagendashow.net/episode/910-coin-of-the-realm

## About this episode

Transportation Secretary Elaine Chao and Commerce Secretary Wilbur Ross lead a week of high-stakes federal maneuvers as the Trump administration unveils a trillion-dollar infrastructure plan. While Chao faces scrutiny for her confusing remarks regarding foreign investment in American roads, Ross announced a massive $1.19 billion penalty against the Chinese telecommunications giant ZTE Corporation for violating trade sanctions with Iran. The hosts contrast this aggressive prosecution of a foreign entity with the historical lack of criminal charges against domestic bankers.

The intelligence community is reeling from the WikiLeaks Vault 7 release, which exposes CIA cyber-intelligence tools capable of hijacking smartphones and smart TVs. Documents reveal the U.S. consulate in Frankfurt serves as a secret surveillance hub, prompting German officials to demand investigations into breaches of diplomatic protocol. Former CIA Director Leon Panetta defended the agency's use of zero-day exploits on PBS, while former analyst Larry Johnson suggests that Stingray devices were likely used to monitor communications at Trump Tower, corroborating claims made by Admiral Rogers.

Cultural tensions flare as actress Jane Kaczmarek dismisses her own family as a basket of deplorables and Barbra Streisand blames her weight gain on the daily news cycle. The program features a formal knighthood ceremony for Dame Anonymous Goddess and Sir David of the Show Me State, alongside a linguistic preservation segment dedicated to saving phrases like the wreck of the Hesperus and skivvies. Adam Curry and John C. Dvorak provide the definitive analysis of the media's growing Trump Derangement Syndrome.

## Chapters

Each chapter's transcript is at its own link. The whole transcript is at https://search.noagendashow.net/episode/910-coin-of-the-realm/transcript.md.

### 1. Infrastructure Projects, Boston Big Dig and Trump Plan (0:00–1:58)

The hosts open the program discussing local road work in Northern Silicon Valley before transitioning to national infrastructure. They reference the Boston Big Dig as a cautionary tale of long-term, high-cost projects. The discussion shifts to President Donald Trump's proposed trillion-dollar infrastructure plan and his address to a joint session of Congress regarding public-private partnerships.

Keywords: [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [infrastructure](https://search.noagendashow.net/topic/infrastructure.md), big dig, [boston](https://search.noagendashow.net/topic/boston.md), [elaine chao](https://search.noagendashow.net/topic/elaine-chao.md), [public-private partnership](https://search.noagendashow.net/topic/public-private-partnership.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/1.md)

### 2. Elaine Chao, Foreign Investment and Infrastructure Funding (1:58–6:10)

Transportation Secretary Elaine Chao appeared on Sean Hannity's program to explain the administration's infrastructure financing. During the interview, Chao initially mentioned foreign investment before attempting to clarify that she meant private sector money coming into the United States. The hosts critique her performance, suggesting the plan mirrors infrastructure models used in Africa where Chinese investment builds roads and railroads.

Keywords: [elaine chao](https://search.noagendashow.net/topic/elaine-chao.md), [sean hannity](https://search.noagendashow.net/topic/sean-hannity.md), [china](https://search.noagendashow.net/topic/china.md), [infrastructure](https://search.noagendashow.net/topic/infrastructure.md), transportation secretary, foreign money

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/2.md)

### 3. Toll Roads, Privacy Concerns and Manhattan Entry Fees (6:10–12:54)

A discussion on the proliferation of toll roads highlights concerns over privacy and the tracking capabilities of systems like E-ZPass. The hosts argue that toll roads primarily serve as a convenience for the wealthy while burdening average commuters with high costs, such as the $24 fee to enter Manhattan. They suggest that if foreign entities build American roads, the government should consider nationalizing the infrastructure afterward.

Keywords: [toll roads](https://search.noagendashow.net/topic/toll-roads.md), ezpass, [manhattan](https://search.noagendashow.net/topic/manhattan.md), [golden gate bridge](https://search.noagendashow.net/topic/golden-gate-bridge.md), [privacy](https://search.noagendashow.net/topic/privacy.md), [tracking](https://search.noagendashow.net/topic/tracking.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/3.md)

### 4. ZTE Corporation, US Trade Sanctions and Iran (12:56–16:40)

Commerce Secretary Wilbur Ross announced a criminal plea agreement involving ZTE Corporation for violating U.S. trade restrictions with Iran. The Chinese telecommunications giant agreed to pay a combined criminal and civil penalty of $1.19 billion. The hosts compare the aggressive prosecution of the Chinese firm to the lack of criminal charges against American bankers following the 2008 financial crisis.

Keywords: zte corporation, [wilbur ross](https://search.noagendashow.net/topic/wilbur-ross.md), [iran](https://search.noagendashow.net/topic/iran.md), trade sanctions, [department of commerce](https://search.noagendashow.net/topic/department-of-commerce.md), [chips](https://search.noagendashow.net/topic/chips.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/4.md)

### 5. Day Without a Woman, Protests and Hillary Clinton (16:43–23:16)

The "A Day Without a Woman" strike saw women across the globe walk off their jobs to protest gender pay inequity and the Trump administration. In Alexandria, Virginia, over 300 teachers stayed home, forcing school closures. The hosts analyze the protest's effectiveness and critique a Snapchat video released by Hillary Clinton encouraging supporters to resist.

Keywords: day without a woman, [strike](https://search.noagendashow.net/topic/strike.md), [hillary clinton](https://search.noagendashow.net/topic/hillary-clinton.md), [alexandria virginia](https://search.noagendashow.net/topic/alexandria-virginia.md), [equity](https://search.noagendashow.net/topic/equity.md), [protest](https://search.noagendashow.net/topic/protest.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/5.md)

### 6. Fascism Definitions, Homeschooling Dynamics and Education (23:18–28:18)

The discussion pivots to a Ronald Reagan quote regarding the definition of fascism as private ownership under total government control. This leads to a debate on homeschooling, government vouchers, and the different cultural approaches to home education among various religious groups. One host shares personal experience homeschooling in Washington State and the regulatory requirements involved.

Keywords: [ronald reagan](https://search.noagendashow.net/topic/ronald-reagan.md), [fascism](https://search.noagendashow.net/topic/fascism.md), [homeschooling](https://search.noagendashow.net/topic/homeschooling.md), vouchers, [education](https://search.noagendashow.net/topic/education.md), [unschooling](https://search.noagendashow.net/topic/unschooling.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/6.md)

### 7. Technical Difficulties, Keyboards and Mute Keys (28:19–30:51)

A host describes a recurring technical issue where a keyboard on the floor accidentally mutes the broadcast system when kicked. They discuss the specific layout of the "Ozzie" keyboard and the difficulty of monitoring audio levels during live recordings.

Keywords: [keyboard](https://search.noagendashow.net/topic/keyboard.md), [technical glitch](https://search.noagendashow.net/topic/technical-glitch.md), mute, [hardware](https://search.noagendashow.net/topic/hardware.md), [studio equipment](https://search.noagendashow.net/topic/studio-equipment.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/7.md)

### 8. WikiLeaks Vault 7, CIA Hacking Tools and Snowden Comparison (30:53–38:12)

WikiLeaks released "Vault 7," a collection of documents detailing CIA cyber-intelligence capabilities, including the ability to hack smartphones and smart TVs. Media reports compare the breach to the Edward Snowden leaks, while former CIA official Michael Morrell expresses concern over the loss of classified tools. The hosts speculate on inter-agency rivalry between the NSA and CIA regarding domestic versus foreign spying.

Keywords: [wikileaks](https://search.noagendashow.net/topic/wikileaks.md), [vault 7](https://search.noagendashow.net/topic/vault-7.md), [cia](https://search.noagendashow.net/topic/cia.md), [edward snowden](https://search.noagendashow.net/topic/edward-snowden.md), [hacking](https://search.noagendashow.net/topic/hacking.md), [nsa](https://search.noagendashow.net/topic/nsa.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/8.md)

### 9. CIA Operations in Frankfurt, German Spying Scandals (38:12–43:15)

WikiLeaks documents reveal that the U.S. consulate in Frankfurt serves as a secret CIA cyber surveillance hub for operations in Europe, Africa, and the Middle East. German officials and Green Party members have called for an immediate investigation into the breach of diplomatic protocols. The report revives tensions regarding past allegations of the U.S. bugging Chancellor Angela Merkel's mobile phone.

Keywords: [frankfurt](https://search.noagendashow.net/topic/frankfurt.md), [germany](https://search.noagendashow.net/topic/germany.md), [cia](https://search.noagendashow.net/topic/cia.md), [angela merkel](https://search.noagendashow.net/topic/angela-merkel.md), [wikileaks](https://search.noagendashow.net/topic/wikileaks.md), cyber surveillance

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/9.md)

### 10. Leon Panetta, Zero-Day Vulnerabilities and Intelligence Oversight (43:16–51:01)

Former CIA Director Leon Panetta appeared on PBS to discuss the WikiLeaks dump and the agency's hacking operations. Panetta defended the CIA's development of tools for foreign intelligence gathering while avoiding questions about why the agency hoarded "zero-day" vulnerabilities instead of sharing them with tech companies. He emphasized the balance between national security and privacy under congressional oversight.

Keywords: [leon panetta](https://search.noagendashow.net/topic/leon-panetta.md), [zero-day](https://search.noagendashow.net/topic/zero-day.md), [pbs](https://search.noagendashow.net/topic/pbs.md), [cia](https://search.noagendashow.net/topic/cia.md), [silicon valley](https://search.noagendashow.net/topic/silicon-valley.md), [privacy](https://search.noagendashow.net/topic/privacy.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/10.md)

### 11. Zero-Day Exploits, Keyloggers and Hardware Security (51:01–54:55)

The hosts define zero-day exploits as unpatched software flaws used by intelligence agencies to bypass encryption and install keyloggers. They discuss a historical case of a New Zealand company producing keyboards with built-in logging hardware. This technical context is used to explain why the FBI sought Apple's help in the San Bernardino case despite having access to various hacking tools.

Keywords: [zero-day](https://search.noagendashow.net/topic/zero-day.md), [keylogger](https://search.noagendashow.net/topic/keylogger.md), [encryption](https://search.noagendashow.net/topic/encryption.md), hardware hack, [cybersecurity](https://search.noagendashow.net/topic/cybersecurity.md), [fbi](https://search.noagendashow.net/topic/fbi.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/11.md)

### 12. Trump Wiretapping Claims, Leon Panetta and Trust (54:55–1:05:15)

President Trump's claims that the Obama administration wiretapped Trump Tower are analyzed alongside media reactions. CBS News anchor Scott Pelly questioned Leon Panetta about the president's "rationality" and the "coin of the realm," which Panetta defined as trust. The segment also features General Michael Hayden's appearance on The Late Show with Stephen Colbert, where he dismissed the possibility of a direct wiretap by Obama.

Keywords: [donald trump](https://search.noagendashow.net/topic/donald-trump.md), [wiretapping](https://search.noagendashow.net/topic/wiretapping.md), [leon panetta](https://search.noagendashow.net/topic/leon-panetta.md), [scott pelly](https://search.noagendashow.net/topic/scott-pelly.md), [trust](https://search.noagendashow.net/topic/trust.md), [stephen colbert](https://search.noagendashow.net/topic/stephen-colbert.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/12.md)

### 13. Stingray Surveillance, Admiral Rogers and Trump Tower (1:05:16–1:07:32)

Former CIA analyst Larry Johnson suggests that while a traditional wiretap may not have occurred, intelligence agencies likely used "Stingray" devices to monitor communications at Trump Tower. Johnson claims NSA Director Admiral Rogers visited Trump Tower to warn the president-elect about the misuse of surveillance authorities, leading to calls for Rogers' dismissal by other intelligence officials.

Keywords: [stingray](https://search.noagendashow.net/topic/stingray.md), admiral rogers, [nsa](https://search.noagendashow.net/topic/nsa.md), [trump tower](https://search.noagendashow.net/topic/trump-tower.md), [larry johnson](https://search.noagendashow.net/topic/larry-johnson.md), [surveillance](https://search.noagendashow.net/topic/surveillance.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/13.md)

### 14. Executive Producer Donations, Knighthoods and Sonny Liston (1:07:33–1:13:29)

The hosts acknowledge high-value donations, including a $1,000 contribution for a "Dame" title. A donor from Springfield, Missouri, shares a story about a tour of the old Missouri State Penitentiary, noting that boxer Sonny Liston was held in cell number 33. The segment includes a mention of an upcoming book on the benefits of vinegar and various "jobs karma" requests from the audience.

Keywords: [donations](https://search.noagendashow.net/topic/donations.md), [knighthood](https://search.noagendashow.net/topic/knighthood.md), sonny liston, missouri state penitentiary, [vinegar book](https://search.noagendashow.net/topic/vinegar-book.md), [33](https://search.noagendashow.net/topic/33.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/14.md)

### 15. Global Listener Feedback, London No-Go Zones and Meetups (1:13:30–1:21:00)

Listeners from Southern California and London provide "boots on the ground" reports, with the London correspondent debunking the existence of "no-go zones" in the city. The hosts announce a meetup in Victoria, BC, and celebrate the return of the "No Agenda Search" tool. They also mention new community-driven websites like SnopesforSnopes.com and Hitlersplaybook.com.

Keywords: [london](https://search.noagendashow.net/topic/london.md), [gentrification](https://search.noagendashow.net/topic/gentrification.md), [victoria bc](https://search.noagendashow.net/topic/victoria-bc.md), [no agenda search](https://search.noagendashow.net/topic/no-agenda-search.md), [snopes](https://search.noagendashow.net/topic/snopes.md), [roku](https://search.noagendashow.net/topic/roku.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/15.md)

### 16. Linguistic Preservation, Old Phrases and "Coin of the Realm" (1:21:01–1:25:29)

The hosts begin compiling a list of archaic or colorful English phrases to preserve in a digital file. Terms discussed include "fuss budget," "skivvies," "hoodwinked," "jamoke," and "the wreck of the Hesperus." They invite listeners to submit their own favorite old-fashioned words for future segments.

Keywords: [linguistics](https://search.noagendashow.net/topic/linguistics.md), [idioms](https://search.noagendashow.net/topic/idioms.md), coin of the realm, skivvies, jamoke, wreck of the hesperus

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/16.md)

### 17. Jane Kaczmarek, Deplorables and Moral Character (1:25:30–1:27:42)

Actress Jane Kaczmarek appeared on the Tavis Smiley show, referring to her family in Milwaukee as a "basket of deplorables." She expressed a lack of concern for the feelings of Trump supporters, claiming the president has trampled on civil rights and moral character. The hosts critique her stance as representative of a broader refusal to find common ground in American politics.

Keywords: jane kaczmarek, [tavis smiley](https://search.noagendashow.net/topic/tavis-smiley.md), deplorables, [civil rights](https://search.noagendashow.net/topic/civil-rights.md), [trump](https://search.noagendashow.net/topic/trump.md), [hollywood](https://search.noagendashow.net/topic/hollywood.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/17.md)

### 18. CNN Photo Policy, Nancy Pelosi and Sexist Jokes (1:27:42–1:32:14)

CNN's John King discussed a policy of not showing "canned" press photos of President Trump signing executive orders. Meanwhile, House Minority Leader Nancy Pelosi faced questions from Jake Tapper regarding a sexist joke made by Congressman Cedric Richmond about Kellyanne Conway. Pelosi deflected the criticism by referencing President Trump's past comments on the Access Hollywood tape.

Keywords: [cnn](https://search.noagendashow.net/topic/cnn.md), [nancy pelosi](https://search.noagendashow.net/topic/nancy-pelosi.md), [kellyanne conway](https://search.noagendashow.net/topic/kellyanne-conway.md), cedric richmond, [sexism](https://search.noagendashow.net/topic/sexism.md), [jake tapper](https://search.noagendashow.net/topic/jake-tapper.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/18.md)

### 19. Barbra Streisand, Weight Gain and Crowd Sizes (1:32:14–1:34:46)

Barbra Streisand tweeted that news of President Trump's actions causes her to eat pancakes and gain weight. In a separate media obsession, CNN filed a FOIA request for National Park Service photos to compare the inauguration crowd sizes of Obama and Trump. The hosts characterize these stories as evidence of "Trump Derangement Syndrome" in the media and celebrity circles.

Keywords: [barbra streisand](https://search.noagendashow.net/topic/barbra-streisand.md), [trump](https://search.noagendashow.net/topic/trump.md), [pancakes](https://search.noagendashow.net/topic/pancakes.md), [cnn](https://search.noagendashow.net/topic/cnn.md), [foia](https://search.noagendashow.net/topic/foia.md), [crowd size](https://search.noagendashow.net/topic/crowd-size.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/19.md)

### 20. CNN Technical Glitches, Maxine Waters and Putin (1:34:47–1:38:53)

A CNN segment featuring a congressman discussing FBI statistics on refugee-related terrorism was abruptly cut off by technical "gremlins." The hosts also review clips of Representative Maxine Waters, who suggested that President Trump takes his "cues from Putin" regarding the construction of a border wall and his management of Congress.

Keywords: [cnn](https://search.noagendashow.net/topic/cnn.md), [maxine waters](https://search.noagendashow.net/topic/maxine-waters.md), [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [technical glitch](https://search.noagendashow.net/topic/technical-glitch.md), [refugees](https://search.noagendashow.net/topic/refugees.md), [terrorism](https://search.noagendashow.net/topic/terrorism.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/20.md)

### 21. Bakari Sellers, Russian Collusion and Logical Fallacies (1:38:54–1:43:54)

CNN commentator Bakari Sellers argued that the Trump administration lacks credibility due to various contacts with Russian officials. During his segment, Sellers made several factual errors regarding staff titles and unemployment statistics while claiming it is "illogical" to have to prove a lie is a lie. The hosts mock his performance and the media's focus on the Russia investigation.

Keywords: [bakari sellers](https://search.noagendashow.net/topic/bakari-sellers.md), [cnn](https://search.noagendashow.net/topic/cnn.md), [russia](https://search.noagendashow.net/topic/russia.md), [james comey](https://search.noagendashow.net/topic/james-comey.md), [unemployment](https://search.noagendashow.net/topic/unemployment.md), [lies](https://search.noagendashow.net/topic/lies.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/21.md)

### 22. Morning Joe, The Sabbath and Trump's Tweets (1:43:56–1:47:27)

Joe Scarborough and Mika Brzezinski suggested on "Morning Joe" that President Trump's weekend tweetstorms occur specifically when Jared Kushner and Ivanka Trump are observing the Sabbath. The hosts dismiss this as a bizarre attempt to link the president's social media habits to Jewish religious practices, arguing instead that Trump simply has more free time on Saturday mornings.

Keywords: [morning joe](https://search.noagendashow.net/topic/morning-joe.md), [mika brzezinski](https://search.noagendashow.net/topic/mika-brzezinski.md), [joe scarborough](https://search.noagendashow.net/topic/joe-scarborough.md), [jared kushner](https://search.noagendashow.net/topic/jared-kushner.md), [ivanka trump](https://search.noagendashow.net/topic/ivanka-trump.md), sabbath

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/22.md)

### 23. Eric Garcetti, Los Angeles Mayoral Election Turnout (1:47:28–1:49:04)

Mayor Eric Garcetti won a second term in Los Angeles with 81% of the vote, yet the hosts point out that only 250,000 voters participated in a city of four million people. They highlight the discrepancy between the "inclusive ideal" claimed by Garcetti and the actual level of civic engagement in the nation's second-largest city.

Keywords: [eric garcetti](https://search.noagendashow.net/topic/eric-garcetti.md), [los angeles](https://search.noagendashow.net/topic/los-angeles.md), [election](https://search.noagendashow.net/topic/election.md), [voter turnout](https://search.noagendashow.net/topic/voter-turnout.md), [mayor](https://search.noagendashow.net/topic/mayor.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/23.md)

### 24. Laura Hunter, Identity Theft and Fake Bloggers (1:49:05–1:58:22)

CBS News reported on Laura Hunter, a Seattle photographer who claimed her identity was hijacked by a pro-Trump blogger in Tennessee. The report conflated identity theft with the common online practice of using stock or found photos for avatars. The hosts criticize CBS for framing a non-story about two women with the same name as a "fake news" crisis and an argument against online anonymity.

Keywords: laura hunter, [cbs news](https://search.noagendashow.net/topic/cbs-news.md), [identity theft](https://search.noagendashow.net/topic/identity-theft.md), [fake news](https://search.noagendashow.net/topic/fake-news.md), [facebook](https://search.noagendashow.net/topic/facebook.md), [anonymity](https://search.noagendashow.net/topic/anonymity.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/24.md)

### 25. James Clapper, FISA Warrants and Russian Collusion Denials (1:58:23–2:08:57)

Former DNI James Clapper stated on NBC's "Meet the Press" that there was no evidence of collusion between the Trump campaign and Russia included in the intelligence community's January report. Clapper also denied knowledge of any FISA court orders targeting Trump Tower, contradicting various media reports. The hosts examine the conflicting narratives regarding surveillance and the "Russian agent" terminology used by Democratic operatives.

Keywords: [james clapper](https://search.noagendashow.net/topic/james-clapper.md), [fisa](https://search.noagendashow.net/topic/fisa.md), [russia](https://search.noagendashow.net/topic/russia.md), [collusion](https://search.noagendashow.net/topic/collusion.md), [nbc news](https://search.noagendashow.net/topic/nbc-news.md), [wiretapping](https://search.noagendashow.net/topic/wiretapping.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/25.md)

### 26. Kennedy, Michael Peterson and CIA Spying (2:08:58–2:12:41)

Fox Business host Kennedy and Lieutenant Colonel Michael Peterson debated the WikiLeaks CIA dump. Peterson argued that the CIA is "too busy" to spy on average Americans because their lives are uninteresting, suggesting instead that Google is the primary threat to privacy. A host shares a personal anecdote about a physical injury caused by Kennedy during their time together at MTV.

Keywords: [fox business](https://search.noagendashow.net/topic/fox-business.md), [mtv](https://search.noagendashow.net/topic/mtv.md), [cia](https://search.noagendashow.net/topic/cia.md), [google](https://search.noagendashow.net/topic/google.md), [vladimir putin](https://search.noagendashow.net/topic/vladimir-putin.md), [privacy](https://search.noagendashow.net/topic/privacy.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/26.md)

### 27. Josh Earnest, Sarah Huckabee Sanders and Media Aggression (2:12:41–2:19:09)

Former Obama spokesman Josh Earnest and current White House deputy press secretary Sarah Huckabee Sanders appeared on Sunday news programs to discuss wiretapping allegations. Sanders challenged the media to investigate the potential for FISA warrants under the Obama administration, while Earnest maintained that the White House does not influence FBI investigations.

Keywords: [josh earnest](https://search.noagendashow.net/topic/josh-earnest.md), [sarah huckabee sanders](https://search.noagendashow.net/topic/sarah-huckabee-sanders.md), [martha raddatz](https://search.noagendashow.net/topic/martha-raddatz.md), [fisa](https://search.noagendashow.net/topic/fisa.md), [obama](https://search.noagendashow.net/topic/obama.md), [trump](https://search.noagendashow.net/topic/trump.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/27.md)

### 28. Mika Brzezinski, Sexism and White House Spokeswomen (2:19:11–2:23:27)

Mika Brzezinski and Joanna Coles discussed the "horror show" in Washington, with Brzezinski suggesting that the Trump administration purposefully sends women out to "clean up the mess" created by the president. The hosts argue that this critique is itself sexist and ignores the fact that women like Martha Raddatz are the ones conducting the aggressive interrogations.

Keywords: [mika brzezinski](https://search.noagendashow.net/topic/mika-brzezinski.md), joanna coles, [sexism](https://search.noagendashow.net/topic/sexism.md), [sarah huckabee sanders](https://search.noagendashow.net/topic/sarah-huckabee-sanders.md), [morning joe](https://search.noagendashow.net/topic/morning-joe.md), [media](https://search.noagendashow.net/topic/media.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/28.md)

### 29. American Health Care Act, Lottery Winners and Medicaid (2:23:28–2:25:10)

The hosts examine a specific clause in the proposed American Health Care Act that targets lottery winners. The legislation seeks to prevent individuals who win over $80,000 from receiving Medicaid or government healthcare vouchers. They discuss the bill's status as a budgetary precursor to broader insurance market reforms.

Keywords: [healthcare](https://search.noagendashow.net/topic/healthcare.md), [medicaid](https://search.noagendashow.net/topic/medicaid.md), lottery winners, [affordable care act](https://search.noagendashow.net/topic/affordable-care-act.md), [budget](https://search.noagendashow.net/topic/budget.md), [legislation](https://search.noagendashow.net/topic/legislation.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/29.md)

### 30. Uber Valuation, Snapchat and Global GDP Comparisons (2:25:10–2:26:46)

A financial report compares the market valuations of tech companies like Uber ($68 billion) and Snap ($30 billion) to the Gross Domestic Product of entire nations. Uber's valuation exceeds the GDP of Costa Rica and Panama, despite the company not owning its fleet of vehicles. The segment questions the sustainability of high valuations for companies based primarily on computer code.

Keywords: [uber](https://search.noagendashow.net/topic/uber.md), [snapchat](https://search.noagendashow.net/topic/snapchat.md), [gdp](https://search.noagendashow.net/topic/gdp.md), [valuation](https://search.noagendashow.net/topic/valuation.md), [tech bubble](https://search.noagendashow.net/topic/tech-bubble.md), [costa rica](https://search.noagendashow.net/topic/costa-rica.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/30.md)

### 31. Alex Jones, Joe Rogan and the Y2K Confession (2:26:47–2:30:18)

During an appearance on the Joe Rogan Experience, Alex Jones admitted that he was pressured by radio station management to promote Y2K doomsday scenarios to satisfy sponsors selling survival gear. Jones confessed that he eventually convinced himself the threat was real despite initial skepticism. The hosts use this as an example of how corporate advertising can compromise editorial integrity.

Keywords: [alex jones](https://search.noagendashow.net/topic/alex-jones.md), [joe rogan](https://search.noagendashow.net/topic/joe-rogan.md), [y2k](https://search.noagendashow.net/topic/y2k.md), [infowars](https://search.noagendashow.net/topic/infowars.md), [radio](https://search.noagendashow.net/topic/radio.md), [advertising](https://search.noagendashow.net/topic/advertising.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/31.md)

### 32. Associate Executive Producers, Global Donations and De-Douching (2:30:20–2:36:54)

The hosts read a list of donations from "Associate Executive Producers" across the globe, including Cape Town, South Africa, and various U.S. cities. Listeners provide feedback on past product recommendations, such as Pilot pens and the Kindle Paperwhite. One donor from South Africa requests a "de-douching" after moving to Montreal.

Keywords: [donations](https://search.noagendashow.net/topic/donations.md), [south africa](https://search.noagendashow.net/topic/south-africa.md), [san jose](https://search.noagendashow.net/topic/san-jose.md), [memphis](https://search.noagendashow.net/topic/memphis.md), pilot pens, [kindle](https://search.noagendashow.net/topic/kindle.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/32.md)

### 33. Peerage Appointments, Knighting Ceremony and Rings (2:36:55–2:39:19)

The program concludes its donation segment with a formal knighthood ceremony for three individuals who contributed $1,000 or more. New titles include Dame Anonymous Goddess, Sir David of the Show Me State, and Sir Andrew of the Wet Drains. The hosts explain the perks of the "peerage," including the No Agenda ring and access to the roundtable.

Keywords: [knighthood](https://search.noagendashow.net/topic/knighthood.md), [dame](https://search.noagendashow.net/topic/dame.md), [peerage](https://search.noagendashow.net/topic/peerage.md), [rings](https://search.noagendashow.net/topic/rings.md), [roundtable](https://search.noagendashow.net/topic/roundtable.md), [donations](https://search.noagendashow.net/topic/donations.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/33.md)

### 34. General Michael Hayden, Millennials and Intelligence Leaks (2:39:21–2:42:45)

Former CIA Director Michael Hayden appeared on the BBC to blame "millennials" for the recent spate of intelligence leaks. Hayden argued that the younger generation has a different cultural understanding of loyalty and secrecy compared to his generation. The hosts counter that the issue lies with a lack of civics education rather than a generational defect.

Keywords: [michael hayden](https://search.noagendashow.net/topic/michael-hayden.md), [millennials](https://search.noagendashow.net/topic/millennials.md), [bbc](https://search.noagendashow.net/topic/bbc.md), [cia](https://search.noagendashow.net/topic/cia.md), [secrecy](https://search.noagendashow.net/topic/secrecy.md), [loyalty](https://search.noagendashow.net/topic/loyalty.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/34.md)

### 35. Retail Trends, Small Batch Marketing and Hand Sanitizer (2:42:48–2:47:57)

The CEO of Urban Outfitters warned of a "retail bubble" as millennials move away from shopping malls. The hosts discuss millennial consumer habits, such as a preference for "small batch" branding and meal kit services like Blue Apron. The segment ends with a CDC warning regarding children consuming hand sanitizer for its alcohol content.

Keywords: [urban outfitters](https://search.noagendashow.net/topic/urban-outfitters.md), retail bubble, [millennials](https://search.noagendashow.net/topic/millennials.md), [small batch](https://search.noagendashow.net/topic/small-batch.md), [blue apron](https://search.noagendashow.net/topic/blue-apron.md), [cdc](https://search.noagendashow.net/topic/cdc.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/35.md)

### 36. North Korea Missile Tests, THAAD and China (2:47:59–2:50:58)

North Korea conducted a rehearsal for attacks on U.S. military bases in Japan by launching four missiles simultaneously. In response, the U.S. began deploying the THAAD (Terminal High Altitude Area Defense) system to South Korea. China has warned of an arms race in the Pacific, viewing the defense system as a direct threat to its own security.

Keywords: [north korea](https://search.noagendashow.net/topic/north-korea.md), [china](https://search.noagendashow.net/topic/china.md), [thaad](https://search.noagendashow.net/topic/thaad.md), [missile defense](https://search.noagendashow.net/topic/missile-defense.md), [japan](https://search.noagendashow.net/topic/japan.md), [south korea](https://search.noagendashow.net/topic/south-korea.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/36.md)

### 37. Chinese Tourism Boycott, South Korean Economy and Lotte (2:50:58–2:56:22)

China has effectively halted group tours to South Korea as retaliation for the deployment of the THAAD missile system. The boycott significantly impacts the South Korean economy, particularly the duty-free sector and the Lotte department store chain. Despite the economic pressure, South Korean public support for the missile defense system has reportedly increased.

Keywords: [china](https://search.noagendashow.net/topic/china.md), [south korea](https://search.noagendashow.net/topic/south-korea.md), [tourism](https://search.noagendashow.net/topic/tourism.md), lotte, [boycott](https://search.noagendashow.net/topic/boycott.md), [duty free](https://search.noagendashow.net/topic/duty-free.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/37.md)

### 38. European Army, NATO and UK Defense Policy (2:56:23–2:57:43)

UK Defense Minister Michael Fallon addressed the potential creation of a European Union army, urging the EU to cooperate with NATO rather than duplicating its structures. Despite Brexit, Fallon emphasized that the UK will continue to deploy troops to Estonia and Poland to counter regional aggression and strengthen cyber security.

Keywords: michael fallon, [brexit](https://search.noagendashow.net/topic/brexit.md), [nato](https://search.noagendashow.net/topic/nato.md), [european army](https://search.noagendashow.net/topic/european-army.md), [estonia](https://search.noagendashow.net/topic/estonia.md), [cyber security](https://search.noagendashow.net/topic/cyber-security.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/38.md)

### 39. Cultural Influence, "Facebag" and "At the End of the Day" (2:57:44–3:08:32)

The hosts highlight the show's influence on popular culture, noting the use of the term "facebag" in a Futurama episode and Bill O'Reilly's recent crusade against the phrase "at the end of the day." The program concludes with a montage of the hosts using the forbidden phrase over the years, followed by a final sign-off and a "knighting" audio mix.

Keywords: [futurama](https://search.noagendashow.net/topic/futurama.md), [bill o'reilly](https://search.noagendashow.net/topic/bill-o-reilly.md), [facebag](https://search.noagendashow.net/topic/facebag.md), [at the end of the day](https://search.noagendashow.net/topic/at-the-end-of-the-day.md), [idioms](https://search.noagendashow.net/topic/idioms.md), [sign-off](https://search.noagendashow.net/topic/sign-off.md)

[Chapter transcript](https://search.noagendashow.net/episode/910-coin-of-the-realm/chapter/39.md)

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