That speaker has his head up his butt, as there is absolutely no basis for his assertion.
Roger McNamee (born May 2, 1956) is an American businessman, investor, venture capitalist and musician. McNamee was born on May 2, 1956, in Albany, New York.His father, Daniel, was an investment banker. He was the president of the Albany chapter of the Urban League. Barbara, his mother, was a feminist during the 60s. When McNamee was 12 years old, he protested against the Vietnam War, and volunteered for Eugene McCarthy’s campaign for president.