David Bays

speaker
959 appearances 1 recordings 1 series first heard Apr 2026 last heard 20 Apr

David Bays’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Apr OctJan 26AprJulnow

Recordings per month over the last 12 months — 1 in all, peaking in Apr 2026 with 1.

Appearances

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Yeah.
The Canadian railroad scam.
Well, I think that was actually part of the breaking story was there was this videotape of this worker, like laughing.
It's not even a train.
You drive the entire semi on this rolly cart.
And it goes there and it goes back and then the semi drives off.
But they, uh, so that was American seafoods was at the center of that.
But they, uh, there's this Jones act regulation that says if you're shipping from the USA, one port in the USA to another port in the USA, you're required to use American ships with American crew.
Um, but that is, it's more expensive to ship American made or American in that way.
So they dodged that by, they'd use this, uh,
But there's an exception to that that says if the fish lands in another country and it is transported somewhere on a rail, then it can come back into the USA and it never had to travel on this American ship.
Oh.
So they found this big savings of they'd send this foreign ship around to Canada, right north, you know, 40 miles north of the U.S.
border, drive the truck on the rolly cart, roll it back and forth on a train track.
And then drive it back into the USA and dodge all this taxes, all this expense.
But there's more to that story.
So this American seafoods, uh, there's this regulation that foreign interests can't own these shares of
an American fishery.
Um, but American seafoods was started by this guy in Norway.
It has a Norwegian CEO and the majority owner in it right now is a private equity company out of New York city that has its parent company is over in Switzerland.
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