Storyline
The Trump Crypto Saga
The Trump Crypto Saga is the Bugleverse’s longest continuous arc: the two-year record of Donald Trump‘s passage from a convicted noncompliant into, by Richard Greaser‘s formulation, the first Bitcoin pleb selected into the White House1 — and of the show’s slow, itemised discovery that this was not the same thing as getting what they wanted.
The arc has a shape the hosts themselves only name at the end. Trump is adopted because he is noncompliant, promoted because he is orange-pilled, credited with everything, and then audited against his own campaign promises until Rod Palmer files him as the final boss of pleb slop2. Nothing about the adoption is retracted. It is simply outlived.
The noncompliant candidate (2024)
Trump enters the record as a compliance story, not a Bitcoin one. His hush-money conviction is reported straight — as a conviction for a non-KYC transaction: “Donald Trump was convicted for participating in a non KYC transaction”3, making him the first convicted noncompliant presidential candidate. Rod completes the conceit by supplying the motive: “He was trying to do a coin join to make his transaction extra private.”4 The thirty-four felony counts are thereby welded onto Bitcoin privacy persecution, and the 2024 debate becomes “the first felon versus non felon presidential debate in history”5 — a milestone for representation.
Greaser’s forecasts for a second term run in parallel and are not modest. He predicts “operation warp speed two point o in this next presidency when he most likely wins”6, this time to rush the BDS vaccine to market, and proposes stimulus paid as “custodial lightning vouchers that they could redeem through KYC ing”7 — compliance and adoption sold as one transaction. Michael Saylor is meanwhile revealed to be leaving breadcrumbs in the Trump manner: “it’s not orange because of Bitcoin. It’s orange like Donald Trump.”8
The orange cabinet (mid-2024)
By June the selection has become a patronage draft. Jason Lowery is reported engaged with the campaign for Treasury Secretary — “one of the things Jason’s trying to do is as treasury secretary”9 — with the IRS regulating mining and US miners taking control of the branches of the military. Rod nominates Peter McCormack for Secretary of State over his Bedford ambitions: “this is controversial, but I think it would be Peter McCormick. He wants to be the man of the Bedford, but I think I think he’s got a bigger role waiting for him.”10 Greaser reports Bitcoin Magazine brokering a deal to become state media, “to achieve the status of being official state run media”11, and treats it as a straight promotion.
The load-bearing rumour of the period is sourced to exactly one man. Dennis Porter, the show’s standing “credential journalist”, says “he’s gonna make Bitcoin part of the strategic reserve”12 — from which Rod derives the cleanest statement of the Bugle’s cigarette rule: “So cigarette money will be a part of the strategic reserve.”13
Credit for the conversion goes to David Bailey throughout. Greaser: “So he turned he turned Peter Schiff into a pleb and he turned the former president Donald Trump into a pleb.”14 After Nashville, Rod explains the whole recovery in one line — “the big one had already won. I think that it was announced in Nashville”15 — and Greaser reports Bailey “ushered them into the initial club”16, making Trump the first pleb president. The campaign’s own spot states the thesis without a host present: “That is why I support Donald j Trump’s plan to pump Bitcoin to the moon.”17
The selection (late 2024)
Doubt arrives before the vote. Steven Lubka scores the field entirely on compliance and finds it wanting: “I mean, you just don’t have any good choices in the selection. On one hand, you have Donald Trump who wants to promote unregistered securities.”18 BlackRock is established as the antagonist — Trump became a self-custody influencer after Bailey handed him a coin, “which is really threatening to BlackRock because they’re trying to sell these ETF platforms”19 — and the second would-be assassin is, like the first, an actor in a BlackRock commercial20. Trump buys burgers at PubKey “using his custodial lightning wallet strike”21, billed as the first presidential Bitcoin transaction for goods and services, and Rod defends the president not holding the phone: “the president of The United States cannot be expected to learn how to use lightning wallets.”22
Then the first real crack. Trump is not invited to the Orange Wedding, which opens the hosts’ doubts “that the that Donald Trump didn’t get invited”23 — doubts they treat as dangerous to say aloud. Greaser credits Pledditor as the industry’s shitcoin auditor for the candidate, “documenting all the cases of shit coining that the former president has been involved with”24, and Pledditor duly breaks the story that Trump sold the Bitcoin Bailey gave him — a report that itself “created a flurry of ordinals”25, making the snitch an accidental ordinals influencer. The canonical statement of the surveillance follows in the same episode: “that Pluder is watching everything you do. So Donald Trump had a Bitcoin, Pluttr immediately found his on chain address and started sleuthing”26.
The result is recorded, not celebrated: “and as the first Bitcoin pleb was selected into the White House.”1 Greaser immediately qualifies it — America has chosen Podkoff, and Trump straddles Podkoff and the actual ethos of Bitcoin. The cabinet roster fills out with a Bitcoin podcast promotion agency27, loyalty screening runs through the Lyn Alden question28, and Trump’s manufacturing rhetoric is glossed by Rod as “Trump said he wants Bitcoin podcasts made in America.”29 By year’s end the reserve has been promoted to scripture: “the strategic Bitcoin reserve is our Manhattan project to finally fix the US dollar fiat system.”30
Trump N Dump (2025)
The inauguration delivers on exactly one promise. Rod’s premise the day before — “Donald Trump takes over. He takes president. He’s gonna free Ross.”31 — resolves two days later with Ross Ulbricht‘s pardon32. Everything else arrives sideways. The memecoin lands over the same weekend: “Trump’s Shakecoin which we’re gonna get into the crypto ball that he launched, Trumpcoin”33, which Rod resolves into the title thesis — a righteous rug of the degenerate meme coin scammers, rolled into a Bitcoin smash buy. The cold open of the following week is less generous: “By introducing the president to bitcoin, David Bailey has unleashed the shitcoin kraken upon humanity.”34
The shitcoin presidency then legislates. Social Security is abolished and replaced with a per-citizen Solana memecoin35; the Overton window opens by executive order36; the Supreme Court rules in “Scambler’s United that buying politicians meme coins and pumping their bags is free speech”37. Rod predicts the stablecoin caste settlement with Canada: “Sats are for Americans. Canada can use Tether on Tron”38.
But the reserve does not come. When the price falls, Greaser reaches for FUD rather than policy — “They’re gonna blame David Bailey”39 — and Cynthia Lummis is cast as the source of unhelpful information. Rod dates Saylor’s defection to the same event: “Michael Saylor has not said there is no second best since Donald Trump won the election. And that’s not a coincidence.”40 Greaser completes the list of who actually installed the president — AIPAC, the CIA, USAID, then “Swan Bitcoin and Corey Clipsta and David Bailey and Bitcoin Magazine”41 — which is the argument for why an elected president has no Bitcoin mandate. Rod, grading his own prophecy at the show’s first anniversary, settles for directionally correct: Trump never defaced the logo, but “he has kind of taken over the the like role as president or like leader of Bitcoin”42.
Tariffs, wars and the audit (2025)
The tariff regime is priced through to what matters — “it showed the the tariff tax is now going to cost for Americans who wanna buy a cold card from Canada”43 — and then reported entirely as a schedule on Bitcoin podcasts, with the Great Firewall as a 100%+ podcast tariff44. Rod addresses Xi Jinping from the Brandenburg Gate: “tear down”45 this red communist firewall. Canada’s election is fought on Trump’s terms, Carney’s slogan delivered deadpan: “Trump wants to break us so he can buy us.”46 Bitcoin 2026 is leaked to Gaza47. Trump, jealous of Mossad, “blew up every single hardware wallet that the Mexican drug cartel had simultaneously”48 — which Greaser offers as the reason the reserve has been held back.
The split with Elon Musk is read as a purity-test failure — “the big, beautiful bill doesn’t pass Elon Musk’s purity tests”49 — and generalised into the diagnosis that everyone is failing everyone’s. The Epstein files then reorganise the arc around themselves. Joe Rogan “said recently that he feels betrayed”50 over Epstein, the unpumped reserve, and the JFK files. Greaser’s snitch doctrine holds that the Speaker’s defence “is trying to give Trump an out from being a pedophile by calling him a snitch”51 — and snitches are almost always guilty. Rod’s evidence that Trump “doesn’t respect us” is that the waste-cutting program was “named it after a meme, Doge, run by fucking Elon Musk.”52 Greaser reinterprets the reserve announcement itself: “there were Diddy parties coming to the Bitcoin ecosystem.”53
By September the post-mortem is explicit. The reserve never came, Fort Knox was never audited, the budget-neutral swap died: “the strategic Bitcoin reserve, the, you know, Cindy Obama’s 1,000,000 Bitcoins for the strategic reserve. We thought it was coming fast.”54 NSPM7 is folded into the Core war as “an attack on CORE”55 because the devs are insufficiently religious. Trump’s counterterrorism directive, his birthday parade sponsored by Coinbase and Palantir56, and his surveillance posture — “Donald Trump appears to be trying to to look at or make Obama look like a libertarian”57 — accumulate without ever quite being called a betrayal.
The year-later audit is delivered as a campaign-promise scorecard. Energy prices did not fall, which Greaser blames on plebs deploying trinkets58; the plebs who cheered at Nashville got a flat price and “podcasters telling them that Bitcoin’s broken”59. Rod’s inventory of what the space believed a year earlier is the arc’s thesis in one image: “Ross Ulbricht freed from prison by Trump in a top hat riding in a Lamborghini with laser eyes sheeping out of his head.”60 Greaser states the rule the optimism actually produced: “if you donate enough to their campaign, they they might pardon you.”61 The proof arrives at Christmas — Trump pardoned Jelly Roll, not the Samourai devs62.
The final boss (2026)
The verdict is a reclassification, not a reversal. “Donald Trump is the pepslop president”63 — king of American plebslop — and by ep 93 he is promoted to its final boss, with the Democrats losing to it2. Greaser audits him against the label he was adopted under and finds it does not hold: “it’s funny to refer to Donald Trump as a, conservative at this point”64, given the stakes in US companies, the stimulus cheques and the price controls. Bailey’s long campaign to manufacture the god announcement by courting Trump is closed out in one line: “God did not look”65 shine his light fondly on David Bailey.
The Epstein material becomes the show’s longest running gag66, with the punchline that the alleged act proves bipartisan credentials: “that shows that you have what it takes to be the leader of this nation.”67 Rod prices the Iran naval buildup as a distraction from the files68 and predicts the bombing will be timed to the Super Bowl69. Barron Trump shorts the market a minute before the tariff tweets70. Candace Owens cuts her vacation short because “the president of The United States said that, Brigitte Macron was hotter than her.”71 Trump asks Joe Rogan for ibogaine72, which Rod reads as evidence the president is depressed. The $250 Trump bill is issued as UBI and read by Greaser as a trap to herd TDS liberals into the surveilled system73. The arc’s last recorded beat is a peace deal that “does not require”74 Iran’s signature to be valid.
Disputed
Is Trump a Bitcoiner at all? The record never resolves this and does not try to. Ep 26 has him converted into a self-custody influencer by a coin Bailey handed him19; ep 33 has Pledditor finding the on-chain address and reporting that he sold it25, with Greaser theorising the proceeds went into USDT26. Ep 19 calls him the first pleb president16 and ep 34 the first Bitcoin pleb selected into the White House1; ep 30 has the hosts doubting he is a Bitcoiner at all23. Both readings stay live to the end of the record.
Why the memecoin. Rod’s ep 43 reading is strategic — a $50B premine rugged from the scammers and rolled into a Bitcoin smash buy33. Greaser’s ep 84 reading is that it was personal: “Donald Trump launches Meancoin was just a spite predator”75 — launched to spite Pledditor, a referent Rod confirms by extending the bit. Neither host reconciles them.
David Bailey: kraken or on-ramp. Ep 44’s cold open assigns him the blame for the entire shitcoin presidency34. Ep 50 has Rod defending him as the movement’s non-judgmental on-ramp, declining to “call Donald Trump a retarded shitgoiner”76 because everyone arrives eventually — though Rod’s own word for him in that passage, “an accessory”, is cut off mid-sentence and left ambiguous between the helpful and the criminal reading.
Correction to this page’s earlier draft. The seeded version listed three episodes (23, 43 and 106) and described the arc as running “from the pre-election MAGA-versus-Joy framing through ‘Trump N Dump’ to … ‘Is Trump Taking Ibogaine.’” The beat index carries 163 beats across 79 episodes, spanning 2024-04-15 to 2026-06-15. The three-episode reading was an artefact of matching on episode titles: Trump is load-bearing in dozens of episodes that do not name him in the title, and the arc’s spine — the strategic reserve, the pardon economy, the campaign-promise audit — runs almost entirely through those. The seeded narrative’s Nashville, memecoin and reserve beats survive contact with the index; its claim that the saga ends in April 2026 does not.
irl: Henry’s note — the beat index for this page is SAMPLED, not complete: 120 of 163 beats, round-robined across all 79 episodes. Every claim above is anchored to a verified cue, but this is not every appearance. Beats sourced from bugle.news articles are not in the index and are not cited here; the seeded page’s nineteen news items have been left out rather than asserted on the strength of a headline sweep.
Who’s in it: Donald Trump · Rod Palmer · Richard Greaser · David Bailey · Pledditor · Michael Saylor · Elon Musk · Ross Ulbricht · Dennis Porter · Jason Lowery · Cynthia Lummis · Jeffrey Epstein · Barron Trump · Joe Rogan
Related: storylines/the-2024-selection · storylines/david-bailey-bitcoin-magazine · storylines/michael-saylor-saga · storylines/elon-musk-antics · storylines/church-of-compliance · storylines/tethers-turf
Footnotes
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Bugle Weekly 34 @ 9:08. Greaser qualifies it at 9:27: America “has chosen Podkomp” — ASR for Podkoff. ↩ ↩2 ↩3
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Bugle Weekly 93 @ 16:54. Setup at 16:47: “If you think of Donald Trump as as as the the the the final, boss of Plebslop.” ↩ ↩2
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Bugle Weekly 11 @ 9:24. The sentence is broken across four ASR fragments (t=554/564/565/568). ↩
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Bugle Weekly 15 @ 48:07. Quote straddles cues 2886→2890. ↩
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Bugle Weekly 10 @ 7:54. ASR renders “2.0” as “two point o”. ↩
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Bugle Weekly 10 @ 9:00. The $1,000 figure is in the preceding cue at t=535. ↩
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Bugle Weekly 8 @ 49:57. ASR gives “the Sailor Non story” for QAnon at 48:52. ↩
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Bugle Weekly 12 @ 48:20. Rod hedges the policy’s authorship at 48:16: “I don’t know if this is official policy or it’s, David Bailey’s idea.” ↩
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Bugle Weekly 13 @ 23:16. ASR: “Peter McCormick”; also “Peter McCourt” at t=1463. ↩
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Bugle Weekly 13 @ 19:26. Greaser later calls the outfit “ordinals magazine” (t=1306). ↩
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Bugle Weekly 18 @ 7:04. ASR drops the -ed: “credential journalist”. ↩
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Bugle Weekly 22 @ 6:13. Palmer coins “David Orangebill” at t=352 — ASR for “David Orange Pill”. ↩
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Bugle Weekly 21 @ 7:12. “the big one” is ASR for “Bitcoin”; the line recurs correctly at t=2882. ↩
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Bugle Weekly 19 @ 31:50. “initial club” is ASR, likely “inner circle”. Greaser calls Trump “the first pleb president” at t=1931. ↩ ↩2
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Bugle Weekly 23 @ 1:20. ASR renders “Donald J. Trump” as “Donald j Trump”. See sponsors/donald-j-trump-campaign-make-taxes-affordable-again. ↩
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Bugle Weekly 24 @ 58:32. “the selection” is the Bugle’s standing term for the election, and Lubka uses it unprompted. ↩
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Bugle Weekly 27 @ 19:05. ASR renders the venue “Pub Key”. ↩
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Bugle Weekly 30 @ 13:06. ASR “Plutator”. Resolved from content, not spelling — this is Pledditor, not Matt Odell, who is named separately and correctly at t=3367. ↩
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Bugle Weekly 33 @ 29:12. ASR “Predator” for Pledditor; resolved from behaviour, not spelling. Odell is not mentioned in this episode. ↩ ↩2
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Bugle Weekly 33 @ 29:49. Two ASR spellings of Pledditor inside one cue (“Pluder”, “Pluttr”). Greaser’s USDT theory follows at t=1874. See storylines/tethers-turf. ↩ ↩2
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Bugle Weekly 32 @ 38:42. Quote spans the t=2320→t=2324 boundary. ↩
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Bugle Weekly 34 @ 6:14. ASR “Lin Alden”. See memes/lyn-alden-is-hot and characters/lyn-alden. ↩
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Bugle Weekly 40 @ 53:58. Quote spans t=3236-3241. ↩
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Behind The Podcast 7 @ 7:49. ASR: “Ross Ulbert”; rendered correctly at t=2997. ↩
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Bugle Weekly 43 @ 3:41. ASR “Shakecoin” = shitcoin. Rod walks the number from $50B to “$100,000,000,000 in profit” (t=830) and resolves it at t=853-855. ↩ ↩2
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Bugle Weekly 44 @ 1:08. “Will David Bailey be redeemed or will we descend into darkness?” at t=139. ↩ ↩2
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Behind The Podcast 7 @ 33:45. Greaser calls it “a giant shift in in Overton window” at t=2005. ↩
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Bugle Weekly 49 @ 18:30. Quote spans t=1110-1113. ↩
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Bugle Weekly 45 @ 21:18. Quote spans cues t=1278/1280/1282. ↩
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Bugle Weekly 50 @ 10:44. Medium confidence. “Cynthia Ramos” is an ASR variant of Cynthia Lummis, resolved from content: the speaker predicted states would lead on reserves before the feds. The claim is falsified in the next cue (t=660). ↩
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Bugle Weekly 51 @ 14:05. Quote spans t=845 and t=851. See bits/no-second-best. ↩
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Bugle Weekly 51 @ 15:11. ASR “Corey Clipsta” = Cory Klippsten; “APAC” = AIPAC at t=904. See sponsors/swan-bitcoin. ↩
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Bugle Weekly 52 @ 15:42. Payoff at t=952-963. ↩
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Bugle Weekly 54 @ 5:25. Continues over cues 56-59. ↩
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Bugle Weekly 55 @ 7:03. The line runs across four cues — “Mr. Xi,” (t=416) / “tear down” (t=423) / “this red communist” (t=424) / “firewall.” (t=426) — and is quoted from the single cue to stay verbatim. ↩
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Behind the Podcast 15 @ 21:46. Delivered by Joey. ↩
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Bugle Weekly 46 @ 45:57. “will be held in Gaza” lands in the next cue at t=2762. ↩
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Bugle Weekly 71 @ 59:19. Greaser’s motive theory at t=3616: “maybe this is why Trump has been waiting to go full steam on the strategic Bitcoin reserve.” ↩
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Bugle Weekly 63 @ 15:37. Generalisation at t=961. ↩
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Bugle Weekly 68 @ 3:20. Quote spans cues t=200 through t=205; Tim Dillon is named in the next cue at t=207. ↩
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Bugle Weekly 75 @ 32:43. The doctrine lands at t=1973. The Speaker of the House is never named in the transcript. ↩
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Bugle Weekly 76 @ 4:24. Medium confidence. ASR renders Cynthia Lummis as “Cindy Obama”; resolved on the referent — the 1,000,000-Bitcoin reserve bill is Lummis’s. ↩
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Bugle Weekly 78 @ 46:11. The Core-dev syllogism lands at t=2815-2828; “court” is ASR for Core. See Luke Dashjr. ↩
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Bugle Weekly 64 @ 52:02. Quote spans t=3122/3123. ↩
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Bugle Weekly 73 @ 34:28. Quote spans cues t=2063 and t=2068. See Barack Obama. ↩
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Bugle Weekly 83 Part 1 @ 7:17. See sponsors/trinkets-for-plebs. ↩
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Bugle Weekly 83 Part 1 @ 12:12. Payoff at t=740-754. ↩
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Bugle Weekly 83 Part 2 @ 1:51. “sheeping” is ASR for “shooting”. See memes/laser-eyes. Rod concedes the pardon happened at t=142. ↩
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Bugle Weekly 90 @ 52:44. Completes at t=3173: “instead last week.” ↩
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Bugle Weekly 91 @ 5:08. ASR “pepslop” = plebslop. See memes/pleb-slop. ↩
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Bugle Weekly 84 @ 24:56. Chapter marker at t=1501: “Is Donald Trump a Conservative?”. ↩
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Intellectual Silk Road 4 @ 35:28. The sentence completes at t=2130. ↩
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Bugle Weekly 85 @ 25:11. Close of a sentence starting t=1504. ↩
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Bugle Weekly 95 @ 14:11. Continues at t=855-868. ↩
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Bugle Weekly 96 @ 6:05. Quote spans t=365-368. ↩
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Bugle Weekly 80 @ 9:31. ASR renders “tariff tweets” as “terrorist tweets”. See Barron Trump. ↩
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Bugle Weekly 105 @ 7:46. ASR renders her “Janice Owens” at 6:16. See Candace Owens and Brigitte Macron. ↩
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Bugle Weekly 106 @ 1:54. ASR renders ibogaine as “Iva Dane” at t=108. ↩
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Bugle Weekly 111 @ 14:52. Setup at 14:29. See Mike Brock. ↩
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Bugle Weekly 113 @ 21:37. Quote runs into the following cues: “Iran’s signature / for it to / be valid.” ↩
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Bugle Weekly 84 @ 43:37. “spite predator” is ASR for “to spite Pledditor”; Rod renders him “Platterer” at t=2628. Pledditor, not Matt Odell — see storylines/matt-odell-arc. ↩
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Bugle Weekly 50 @ 20:58. “shitgoiner” is the ASR rendering of shitcoiner. ↩