1 00:00:00,600 --> 00:00:04,120 Speaker 1: Hi, I'm Molly John Fast and this is Fast Politics, 2 00:00:04,360 --> 00:00:07,120 Speaker 1: where we discuss the top political headlines with some of 3 00:00:07,160 --> 00:00:11,280 Speaker 1: today's best minds. And Poland becomes the first NATO country 4 00:00:11,360 --> 00:00:14,920 Speaker 1: to send Ukraine fighter planes. We have a jam pack 5 00:00:15,040 --> 00:00:18,840 Speaker 1: show today. Congressman Richie Torres stops by to talk bank 6 00:00:18,920 --> 00:00:22,320 Speaker 1: regulation in how the US handles China. Then we'll talk 7 00:00:22,320 --> 00:00:25,960 Speaker 1: to Colorado Secretary of State Jenna Griswold about the constant 8 00:00:25,960 --> 00:00:30,400 Speaker 1: threats to democracy she's seeing in the state of Colorado. First, 9 00:00:30,400 --> 00:00:34,559 Speaker 1: we have the host of the Time of Monsters, the 10 00:00:34,680 --> 00:00:41,760 Speaker 1: Nation's get Here. Welcome, get Here, frequent flyer with Fast Politics. 11 00:00:41,840 --> 00:00:45,400 Speaker 1: So happy to have you back here. I am just 12 00:00:45,520 --> 00:00:48,479 Speaker 1: delighted to have you back. You are one of my people. 13 00:00:49,040 --> 00:00:52,640 Speaker 1: I want to talk to you about where we are. 14 00:00:53,479 --> 00:00:58,560 Speaker 1: Here's a country and Republicans have started their GLP primary 15 00:00:58,640 --> 00:01:01,720 Speaker 1: race presidential I'm Marry. I think we can all agree 16 00:01:01,800 --> 00:01:05,679 Speaker 1: that the next GOP candidate will be Nicky Haley. Yes, 17 00:01:05,800 --> 00:01:08,720 Speaker 1: it's already over. I think Trump and descentis should just 18 00:01:08,760 --> 00:01:14,040 Speaker 1: give up because that's obviously what Republican primary voters want. 19 00:01:14,120 --> 00:01:17,039 Speaker 1: A woman of South Asian descent who's totally tied to 20 00:01:17,080 --> 00:01:19,880 Speaker 1: the GOP establishment. But actually I think the fun news. 21 00:01:20,040 --> 00:01:21,520 Speaker 1: I don't know if you saw this morning, but there 22 00:01:21,560 --> 00:01:23,960 Speaker 1: was some reporting about which I think will be the 23 00:01:24,080 --> 00:01:30,000 Speaker 1: subject of Trump's next speech, which is run descentiss eating habits. Listen, 24 00:01:30,440 --> 00:01:33,480 Speaker 1: I'm not Emily post myself, Okay, so I'm not gonna 25 00:01:33,520 --> 00:01:37,640 Speaker 1: cast aspersions necessarily. Like apparently this guy he has what 26 00:01:37,800 --> 00:01:41,240 Speaker 1: his aid's referred to as a problem with soft social skills, 27 00:01:41,240 --> 00:01:44,839 Speaker 1: which is that he eats like a frigging animal and 28 00:01:45,160 --> 00:01:48,360 Speaker 1: discuss people like, you know, people his supporters, and what 29 00:01:48,520 --> 00:01:51,280 Speaker 1: the detail I got he was in a plane, which 30 00:01:51,320 --> 00:01:54,120 Speaker 1: is like a close confined space where you can't escape, 31 00:01:54,240 --> 00:01:58,560 Speaker 1: and he's eating pudding with his hands, like you know, 32 00:01:58,960 --> 00:02:01,880 Speaker 1: Andrew Jackson pay actually had very poor table manners, but 33 00:02:01,960 --> 00:02:04,520 Speaker 1: he was a populist. I don't know if an establishment 34 00:02:04,600 --> 00:02:09,480 Speaker 1: Republican like the Santist who's supposed to be you know, Trump, 35 00:02:09,520 --> 00:02:13,280 Speaker 1: without the bad aspects can succeed with all these stories 36 00:02:13,320 --> 00:02:16,160 Speaker 1: about his table manners. And I just I'm looking forward 37 00:02:16,200 --> 00:02:17,680 Speaker 1: to what Trump will do with it, you know, like 38 00:02:17,800 --> 00:02:20,639 Speaker 1: I call him hungry ron folks, there's something going on. 39 00:02:20,720 --> 00:02:23,280 Speaker 1: You know, he eats putting with his hands. We gotta 40 00:02:23,360 --> 00:02:25,960 Speaker 1: find out what's going on here. I'm not saying anything. 41 00:02:27,919 --> 00:02:29,760 Speaker 1: I want to talk to you about this because I 42 00:02:29,800 --> 00:02:32,240 Speaker 1: do think actually I am of the belief that Donald 43 00:02:32,240 --> 00:02:36,040 Speaker 1: Trump says tiny D. Here's tiny D with his high 44 00:02:36,040 --> 00:02:39,560 Speaker 1: held cowboy boots and it's over right. I mean, there's 45 00:02:39,600 --> 00:02:43,000 Speaker 1: so much for It's like Donald Trump has been gifted 46 00:02:43,160 --> 00:02:48,000 Speaker 1: with the most vulnerable Republican candidate ever. And that's the 47 00:02:48,040 --> 00:02:51,919 Speaker 1: thing I don't understand. It's like you put Jeb against 48 00:02:51,919 --> 00:02:55,200 Speaker 1: a Santist, Jeb would win. Yeah, No, it's really something. 49 00:02:55,280 --> 00:02:57,680 Speaker 1: I mean, I guess they were out of alternatives. I mean, 50 00:02:57,680 --> 00:02:59,799 Speaker 1: I think the remember is twenty sixteen, they put all 51 00:03:00,040 --> 00:03:03,240 Speaker 1: their top guys, you know, like Yo Marco Rubio once 52 00:03:03,440 --> 00:03:05,800 Speaker 1: thought of as someone who could be president, Ted Cruise. 53 00:03:05,840 --> 00:03:08,680 Speaker 1: They had like a lot of candidates out there because Christine, 54 00:03:09,080 --> 00:03:11,840 Speaker 1: they had the whole array, and he decimated them. And 55 00:03:11,880 --> 00:03:15,040 Speaker 1: so you know, the last man standing was this, you know, 56 00:03:15,160 --> 00:03:18,720 Speaker 1: Ron de Santis d tiny D and he's not gonna 57 00:03:18,919 --> 00:03:22,600 Speaker 1: Ronda Sanctimonius here. Yeah, they really are putting all their 58 00:03:22,639 --> 00:03:24,800 Speaker 1: eggs in one basket. And one of the interesting is 59 00:03:24,840 --> 00:03:27,800 Speaker 1: if you look at I see the polling already, like 60 00:03:27,880 --> 00:03:30,079 Speaker 1: the Santis is slipping and it's just a little bit 61 00:03:30,120 --> 00:03:32,240 Speaker 1: of like pricking on the part of Drum. Yeah. I 62 00:03:32,240 --> 00:03:34,960 Speaker 1: mean during this donor retreat in Palm Beach, this is 63 00:03:34,960 --> 00:03:37,000 Speaker 1: a piece from the Daily be Star meeting, and a 64 00:03:37,120 --> 00:03:41,920 Speaker 1: Tendy stood up and called him to Satan exactly exactly. Yeah, 65 00:03:42,000 --> 00:03:44,440 Speaker 1: So I just like, you know, it's not gonna take much, 66 00:03:44,520 --> 00:03:48,480 Speaker 1: and people forget Trump really went after like his arrivals 67 00:03:48,480 --> 00:03:51,080 Speaker 1: in a very vicious way that they could not respond 68 00:03:51,080 --> 00:03:54,960 Speaker 1: to because they're normal human beings on some level, you know, 69 00:03:55,000 --> 00:03:57,000 Speaker 1: the stuff that he's saying, like you know, like say 70 00:03:57,040 --> 00:04:02,560 Speaker 1: that Ted Cruise's dad was involved with killing Kennedy. I 71 00:04:02,560 --> 00:04:05,760 Speaker 1: don't know if you remember this right, but Ben Carson 72 00:04:05,800 --> 00:04:07,800 Speaker 1: there was like he was the only Republican who was 73 00:04:07,840 --> 00:04:11,080 Speaker 1: like ever briefly ahead or Trump in the polling, and 74 00:04:11,120 --> 00:04:14,600 Speaker 1: then Trump and twenty sixteen, and then Trump just let 75 00:04:14,680 --> 00:04:18,680 Speaker 1: loose with this, like taking stories from Ben Carson's autobiography, 76 00:04:18,880 --> 00:04:22,240 Speaker 1: which were about his you know, very hard background, genuinely 77 00:04:22,279 --> 00:04:24,840 Speaker 1: true that he Yoe came from our real poverty, but 78 00:04:24,880 --> 00:04:26,840 Speaker 1: like yeah, just saying like oh this guy pulled a 79 00:04:26,920 --> 00:04:29,160 Speaker 1: knife once. Guy, you know, like I don't know about 80 00:04:29,240 --> 00:04:34,760 Speaker 1: him just like a really deflated like balloon that pricked. 81 00:04:35,000 --> 00:04:38,560 Speaker 1: I want to ask you about this more because I 82 00:04:38,600 --> 00:04:42,560 Speaker 1: think what's happening here is a kind of conservative elite 83 00:04:42,600 --> 00:04:46,680 Speaker 1: witch casting of which we have not seen since twenty fifteen, 84 00:04:47,160 --> 00:04:51,120 Speaker 1: which is this idea that somehow the elite can control 85 00:04:51,240 --> 00:04:54,960 Speaker 1: the base despite the fact that they have continually given 86 00:04:55,000 --> 00:04:58,400 Speaker 1: in to every whim of the base. That's exactly right. 87 00:04:58,480 --> 00:05:01,760 Speaker 1: There's two aspects of this, one of which is that 88 00:05:01,839 --> 00:05:05,680 Speaker 1: all these candidates, they always have this sort of crew 89 00:05:06,040 --> 00:05:08,520 Speaker 1: of hanger ons who like you know, like I really 90 00:05:08,560 --> 00:05:10,719 Speaker 1: invested in them, and that includes that just a staff, 91 00:05:11,000 --> 00:05:13,719 Speaker 1: but the sort of media folks in the Republican media. 92 00:05:14,040 --> 00:05:17,000 Speaker 1: And so if people I want listeners to remember back to, 93 00:05:17,400 --> 00:05:20,599 Speaker 1: you know, those amazing days of twenty fifteen and twenty sixteen, 94 00:05:20,760 --> 00:05:23,200 Speaker 1: where like you know, Marco Robio and Ted crews had 95 00:05:23,240 --> 00:05:26,000 Speaker 1: a lot of media followers who would put the best 96 00:05:26,080 --> 00:05:28,720 Speaker 1: possible spin on things and who are like you know, 97 00:05:29,120 --> 00:05:32,840 Speaker 1: full of confidence that their guys had like everything going 98 00:05:32,839 --> 00:05:36,120 Speaker 1: for them. And that's all we're saying now with Ron Descentist, 99 00:05:36,160 --> 00:05:39,719 Speaker 1: as far as I can tell, his base is within 100 00:05:39,839 --> 00:05:42,840 Speaker 1: the sort of conservative incorporated and that's you know a 101 00:05:42,839 --> 00:05:45,440 Speaker 1: fair number of people. There's a vast welfare state for 102 00:05:45,640 --> 00:05:49,440 Speaker 1: like you know, people on the right, financed by various billionaires. 103 00:05:49,480 --> 00:05:52,160 Speaker 1: But these guys are very invested in decentists. And the 104 00:05:52,160 --> 00:05:56,000 Speaker 1: thing is that he has very little popular appeal outside 105 00:05:56,000 --> 00:05:58,480 Speaker 1: of that. Whereas Trump, Okay, first of all, here already 106 00:05:58,480 --> 00:06:02,040 Speaker 1: you had won the primary twenty sixteen, he had been president. 107 00:06:02,320 --> 00:06:05,560 Speaker 1: He's a very popular president with Republicans, Like, like, the 108 00:06:05,600 --> 00:06:07,839 Speaker 1: people who are Republican voters. I thought, like, this guy 109 00:06:07,839 --> 00:06:11,040 Speaker 1: did everything good and and he was robbed. It just 110 00:06:11,120 --> 00:06:14,720 Speaker 1: like blows my mind that they think. Add Also, Trump 111 00:06:14,839 --> 00:06:17,560 Speaker 1: is willing to attack the sentis and DeSantis is not 112 00:06:17,640 --> 00:06:21,240 Speaker 1: willing to answer back. And DeSantis's whole ideas, I'm gonna 113 00:06:21,279 --> 00:06:25,080 Speaker 1: be Trump but boring. I will be Trump without the charm, 114 00:06:25,360 --> 00:06:28,800 Speaker 1: without the time. Yeah yeah, yeah, I'll be exactly without 115 00:06:29,000 --> 00:06:32,240 Speaker 1: like saying funny things, without like you know, funny tweets 116 00:06:32,320 --> 00:06:34,480 Speaker 1: that you can't get out of your mind and without 117 00:06:34,760 --> 00:06:37,520 Speaker 1: and I will carry through the policies that we want. 118 00:06:37,920 --> 00:06:40,320 Speaker 1: And the thing is, at some level, like I don't 119 00:06:40,320 --> 00:06:42,760 Speaker 1: think like you know, Republican voters, especially the sort of 120 00:06:43,000 --> 00:06:46,159 Speaker 1: non college whites that Trump really bought on board. I 121 00:06:46,160 --> 00:06:48,280 Speaker 1: don't think they're that interested in policy. Like, these are 122 00:06:48,320 --> 00:06:50,760 Speaker 1: not people that like, you know, are reading the congressional 123 00:06:50,800 --> 00:06:53,000 Speaker 1: record to see, like, you know, what laws get past. 124 00:06:53,400 --> 00:06:55,520 Speaker 1: They're kind of here to be entertained, right, Like this 125 00:06:55,600 --> 00:06:58,599 Speaker 1: is kind of you know, late Roman Empire decadence, where 126 00:06:58,680 --> 00:07:02,279 Speaker 1: you know, like you want who can do the funniest things, 127 00:07:02,360 --> 00:07:04,799 Speaker 1: you know. I think that this is a really good point. 128 00:07:04,880 --> 00:07:07,200 Speaker 1: I want to just like go into this for a minute, 129 00:07:07,200 --> 00:07:12,520 Speaker 1: which is the Republican intellectuals and again at the danger 130 00:07:12,800 --> 00:07:15,120 Speaker 1: of committing an oxy more on here. I want to 131 00:07:15,160 --> 00:07:17,240 Speaker 1: say the people who were the brain trust of the 132 00:07:17,240 --> 00:07:19,320 Speaker 1: Republican Party, which you and I can both agree, were 133 00:07:19,360 --> 00:07:22,320 Speaker 1: not brain were they? Nor trust? Were they that crew 134 00:07:22,680 --> 00:07:25,720 Speaker 1: made a deal with the devil in twenty fifteen. They 135 00:07:25,800 --> 00:07:27,960 Speaker 1: decided that they were going to go with the guy 136 00:07:28,040 --> 00:07:30,240 Speaker 1: they knew would win, which was Trump, right, or they 137 00:07:30,480 --> 00:07:32,520 Speaker 1: maybe they didn't think he would win, but they decided 138 00:07:32,560 --> 00:07:34,640 Speaker 1: they would go along with the base. Yeah. Well, I 139 00:07:34,640 --> 00:07:37,200 Speaker 1: mean the thing is, look, the Republicans have had a 140 00:07:37,280 --> 00:07:40,200 Speaker 1: real trouble really going back to the nineteen nineties. They've 141 00:07:40,200 --> 00:07:43,400 Speaker 1: only won the popular vote once and all the presidential 142 00:07:43,400 --> 00:07:48,800 Speaker 1: elections since nineteen ninety two, and Trump really offered them 143 00:07:48,880 --> 00:07:51,280 Speaker 1: a way out that he could bring in new voters. 144 00:07:51,400 --> 00:07:53,920 Speaker 1: That it's also true he alienated a lot of other voters, 145 00:07:53,960 --> 00:07:57,559 Speaker 1: but the actual bargain that he offered that he could 146 00:07:57,560 --> 00:08:01,440 Speaker 1: bring in these non college white people who never voted 147 00:08:01,560 --> 00:08:04,080 Speaker 1: and never would people who never voted, who were like 148 00:08:04,160 --> 00:08:07,000 Speaker 1: alienating from the political system, bring them into Republican fold, 149 00:08:07,040 --> 00:08:09,080 Speaker 1: and that there were enough of these and they sort 150 00:08:09,120 --> 00:08:11,400 Speaker 1: of like Midwestern states that you could you know, have 151 00:08:11,440 --> 00:08:15,000 Speaker 1: an electoral college majority. And that was the true part 152 00:08:15,040 --> 00:08:18,240 Speaker 1: of his thing. There's actually a very smart Republican operative, 153 00:08:18,440 --> 00:08:22,200 Speaker 1: Sean Sendai, who did an article about that ten or 154 00:08:22,240 --> 00:08:25,400 Speaker 1: fifteen years old, called the Missing White Voters. That is 155 00:08:25,440 --> 00:08:28,440 Speaker 1: exactly what these white voters that were alienated that needed 156 00:08:28,440 --> 00:08:31,120 Speaker 1: like some figure like Trump that could bring them on 157 00:08:31,160 --> 00:08:33,679 Speaker 1: board and so so so to that extent that work. 158 00:08:33,960 --> 00:08:36,720 Speaker 1: The problem is that what these voters want is not 159 00:08:36,720 --> 00:08:40,560 Speaker 1: what the Republican elite want and to some degree, like 160 00:08:40,720 --> 00:08:43,320 Speaker 1: actually some of these voters are i mean people, you know, 161 00:08:43,679 --> 00:08:47,199 Speaker 1: especially Democrats, so there's like, well, they're deplorables, and it's 162 00:08:47,200 --> 00:08:49,240 Speaker 1: too like they have a lot of really bad attitudes, 163 00:08:49,360 --> 00:08:52,800 Speaker 1: especially on race and gender. But it's also the case 164 00:08:52,880 --> 00:08:54,960 Speaker 1: that like, you know, they don't want Medicare cut, they 165 00:08:54,960 --> 00:08:59,320 Speaker 1: don't want Social Security cut. So the Republican economic policies 166 00:08:59,520 --> 00:09:02,880 Speaker 1: to that they're not popular, not popular at all, you know, 167 00:09:02,920 --> 00:09:05,400 Speaker 1: except like maybe like tax cuts because you can kind 168 00:09:05,400 --> 00:09:07,840 Speaker 1: of like say, well, they create jobs or whatever. But 169 00:09:07,920 --> 00:09:10,959 Speaker 1: even then, I mean, like Trump's most unpopular moment as 170 00:09:11,000 --> 00:09:14,040 Speaker 1: president was when he tried to get rid of Obamacare. 171 00:09:14,280 --> 00:09:17,040 Speaker 1: That's when he pulled the lowest. That's when he's like 172 00:09:17,080 --> 00:09:20,440 Speaker 1: really trying to carry out a Republican wish lust. And 173 00:09:20,840 --> 00:09:23,080 Speaker 1: I think it's the case that one of the problems 174 00:09:23,080 --> 00:09:25,200 Speaker 1: with Rotten de santisis he's trying to be like mini 175 00:09:25,240 --> 00:09:28,079 Speaker 1: me of Trump. I'm Trump but boring. You know, that's 176 00:09:28,080 --> 00:09:31,280 Speaker 1: obviously a problem, but also that he's still tied enough 177 00:09:31,320 --> 00:09:34,640 Speaker 1: to these economic policies and so you know, like Trump 178 00:09:34,640 --> 00:09:37,800 Speaker 1: can't actually find genuine evidence that this guy wanted to 179 00:09:37,800 --> 00:09:40,560 Speaker 1: cut Social Security of Medicare. And I have to tell 180 00:09:40,600 --> 00:09:43,400 Speaker 1: you there's like enough of the Republican voters who are like, 181 00:09:43,840 --> 00:09:45,840 Speaker 1: you know that Trump brought on board, where like these 182 00:09:45,880 --> 00:09:48,560 Speaker 1: senior citizens who are gonna like you know, not be 183 00:09:48,720 --> 00:09:52,000 Speaker 1: very thrilled by this, I already like this is you know, 184 00:09:52,040 --> 00:09:55,120 Speaker 1: like Democrats win among you know, people who are like 185 00:09:55,200 --> 00:09:59,160 Speaker 1: forty five and younger, Republicans win among sixty five and over. 186 00:09:59,440 --> 00:10:01,840 Speaker 1: And so if you're if you're that party, like, why 187 00:10:01,880 --> 00:10:04,080 Speaker 1: the hell would you be talking about social security and 188 00:10:04,200 --> 00:10:07,439 Speaker 1: Medicare cuts? NICKI Haley doing that too, you know, like 189 00:10:07,480 --> 00:10:10,320 Speaker 1: we need to raise the retirement age, like good luck 190 00:10:10,440 --> 00:10:13,439 Speaker 1: ever getting elected on that. You know, mac Ron is 191 00:10:13,480 --> 00:10:18,160 Speaker 1: trying to do that. They could have another revolution, right 192 00:10:18,160 --> 00:10:20,760 Speaker 1: and they're trying to raise it to what sixty seven? 193 00:10:20,880 --> 00:10:24,520 Speaker 1: I mean I don't even think yeah, yeah, so anyways, anyway, yeah, no, 194 00:10:24,600 --> 00:10:26,679 Speaker 1: I it's also I mean I think, you know, like 195 00:10:26,840 --> 00:10:30,040 Speaker 1: anything could happen, and maybe this De Santas thing is, 196 00:10:30,200 --> 00:10:34,199 Speaker 1: you know, hungry Ron is a little bit more than 197 00:10:34,360 --> 00:10:36,360 Speaker 1: I suspect. We're right right now. Trump has a lot 198 00:10:36,400 --> 00:10:38,000 Speaker 1: of cards on his side, one of which is his 199 00:10:38,120 --> 00:10:42,840 Speaker 1: popularity among Republican voters, his fame, his name recognition, but 200 00:10:43,000 --> 00:10:45,320 Speaker 1: also the fact that all he has to do is 201 00:10:45,400 --> 00:10:47,760 Speaker 1: bring up the fact that the Santas you know, like 202 00:10:47,920 --> 00:10:52,040 Speaker 1: want social security and Medicare cuts, and uh, that's a 203 00:10:52,120 --> 00:10:55,360 Speaker 1: big thing. And you know De Santas tries to compete 204 00:10:55,400 --> 00:10:59,040 Speaker 1: with him by copying Trump on everything, and the thing 205 00:10:59,160 --> 00:11:01,240 Speaker 1: is like, if you have the original, why would you 206 00:11:01,280 --> 00:11:03,360 Speaker 1: go with a Copycatt decientist is saying, well, you know, 207 00:11:03,400 --> 00:11:06,040 Speaker 1: why should we be helping Ukraine? Like, well, if that's 208 00:11:06,120 --> 00:11:08,000 Speaker 1: the policy you want, then you already have a guy 209 00:11:08,040 --> 00:11:10,080 Speaker 1: who's going to do that for you. No. I agree. 210 00:11:10,080 --> 00:11:13,720 Speaker 1: If if pro pudent is your game, you got the guy. Man. 211 00:11:14,360 --> 00:11:16,840 Speaker 1: I mean no, I think it's true, and I think 212 00:11:17,080 --> 00:11:20,640 Speaker 1: we're seeing again, which is this is the sticky wicket 213 00:11:20,720 --> 00:11:23,160 Speaker 1: that the Republican Party is stuck in. And by the way, 214 00:11:23,200 --> 00:11:27,080 Speaker 1: I'm delighted because fuck them. But to be trumpy enough 215 00:11:27,160 --> 00:11:30,320 Speaker 1: to win a primary means you are completely unelectable in 216 00:11:30,320 --> 00:11:32,480 Speaker 1: a general That's right, That's right, Yeah, I know, I 217 00:11:32,520 --> 00:11:35,080 Speaker 1: mean I think that, well, except that I think the 218 00:11:35,200 --> 00:11:38,160 Speaker 1: camp it is the electoral college thing, which is if 219 00:11:38,160 --> 00:11:40,400 Speaker 1: you can get enough, but I actually think that to 220 00:11:40,520 --> 00:11:42,720 Speaker 1: g Assue you win the kind of electoral college directory 221 00:11:42,760 --> 00:11:45,560 Speaker 1: trumpeted in twenty sixteen, you have to have you know, 222 00:11:45,720 --> 00:11:50,280 Speaker 1: enough real populous bunt of fundies and also be able 223 00:11:50,320 --> 00:11:52,480 Speaker 1: to reach those non voters. And comp could do that 224 00:11:52,559 --> 00:11:55,720 Speaker 1: because you know, he's on television for like twenty years, right, Right, 225 00:11:56,440 --> 00:11:59,360 Speaker 1: that's true. TV is the most more popular than any 226 00:11:59,360 --> 00:12:02,480 Speaker 1: politician in America. You know, more people watch TV. De 227 00:12:02,559 --> 00:12:05,240 Speaker 1: Santist doesn't have that, Like he those voters will not 228 00:12:05,360 --> 00:12:08,280 Speaker 1: know who he is or care about him. Unfortunately. You know, 229 00:12:08,360 --> 00:12:11,320 Speaker 1: like is a two party system, so like there's a 230 00:12:11,320 --> 00:12:13,560 Speaker 1: few things that could go wrong, either in terms of 231 00:12:13,640 --> 00:12:17,280 Speaker 1: Joe Biden's health or in terms of you know, the 232 00:12:17,480 --> 00:12:20,040 Speaker 1: the economy, and we haven't even talked about what's happening 233 00:12:20,040 --> 00:12:24,079 Speaker 1: with the banking system unfortunately. Like I'm not so sanguine 234 00:12:24,120 --> 00:12:25,839 Speaker 1: that I mean, I think the Santist is gonna have 235 00:12:25,880 --> 00:12:29,959 Speaker 1: our time getting the primary, the Republican nomination, but actually think, 236 00:12:30,000 --> 00:12:33,880 Speaker 1: like you know, any Republican has a decent shot unfortunately, 237 00:12:34,200 --> 00:12:37,240 Speaker 1: right because of the elements that we can't even predict. 238 00:12:37,280 --> 00:12:40,520 Speaker 1: That's said, I actually think and this is the one 239 00:12:40,559 --> 00:12:42,600 Speaker 1: thing that makes me a little bit sanguine. It's going 240 00:12:42,640 --> 00:12:46,119 Speaker 1: to make everyone else upset. I actually think that Desantist 241 00:12:46,200 --> 00:12:49,880 Speaker 1: is much more dangerous than Trump because people know Trump 242 00:12:50,120 --> 00:12:52,920 Speaker 1: is really dangerous, Like, I mean, he may still win, 243 00:12:53,360 --> 00:12:56,840 Speaker 1: but there is a knowledge that he is a dangerous autocrat. 244 00:12:56,920 --> 00:12:59,680 Speaker 1: Whereas there are people on this planet who still think 245 00:12:59,679 --> 00:13:02,680 Speaker 1: to Antis is not and they're wrong. Well exactly, but 246 00:13:02,720 --> 00:13:05,400 Speaker 1: I want to actually narrow that down to exactly what 247 00:13:05,440 --> 00:13:08,520 Speaker 1: the danger is, which is that because Trump was coming 248 00:13:08,520 --> 00:13:12,079 Speaker 1: from this reality show world, the you know, like the 249 00:13:12,120 --> 00:13:15,840 Speaker 1: centrist establishment never trusted him, whereas the Santists you can 250 00:13:15,920 --> 00:13:18,240 Speaker 1: kind of see that they're people, especially like you know, 251 00:13:18,240 --> 00:13:19,880 Speaker 1: the New York Times has done like I don't know, 252 00:13:20,360 --> 00:13:24,160 Speaker 1: a hundred different articles like why de Santist gould be 253 00:13:24,160 --> 00:13:26,439 Speaker 1: given some credit. I'm a liberal, but you know, I've 254 00:13:26,520 --> 00:13:30,120 Speaker 1: kind have been rescued. He saw this with this Axio business, 255 00:13:30,400 --> 00:13:32,960 Speaker 1: which is that, you know, like this reporter for Axio 256 00:13:33,040 --> 00:13:35,280 Speaker 1: got a press release from the Santist and he just 257 00:13:35,320 --> 00:13:36,920 Speaker 1: emailed back to them like you know this is in 258 00:13:37,000 --> 00:13:43,400 Speaker 1: press releases, propaganda, sparky comment but well with about yeah 259 00:13:43,520 --> 00:13:46,840 Speaker 1: add true yeah, And Axio fired the reporter. And I 260 00:13:46,880 --> 00:13:49,600 Speaker 1: think that's what's gonna happen if there is a Descantist presidency, 261 00:13:49,840 --> 00:13:52,760 Speaker 1: because he's not Trump, even though he has terrible table manners, 262 00:13:52,880 --> 00:13:56,320 Speaker 1: they'll cover that up. They'll hire a CIA duplicate that 263 00:13:56,400 --> 00:13:59,640 Speaker 1: will go to dinner parties and yeah, you use table manners, 264 00:14:00,480 --> 00:14:04,280 Speaker 1: has read Emily Post. But I think that the centrist media, 265 00:14:04,760 --> 00:14:09,839 Speaker 1: The Times, the Washington Post, CNN, Axio Political They're all 266 00:14:09,880 --> 00:14:11,520 Speaker 1: gonna be like, this is what they want, you know, 267 00:14:11,600 --> 00:14:14,480 Speaker 1: like a Republican that could carry out Trump's policies, but 268 00:14:14,640 --> 00:14:17,960 Speaker 1: without being unsettling and scary the way the way Trump 269 00:14:18,080 --> 00:14:20,320 Speaker 1: is or just vulgar. I mean for you and me, Like, 270 00:14:20,360 --> 00:14:22,880 Speaker 1: the scary thing about Trump was he's an authoritarian, right 271 00:14:23,120 --> 00:14:25,600 Speaker 1: and you know, he's a threat to American democracy as 272 00:14:25,600 --> 00:14:28,400 Speaker 1: a six For a lot of these centrists, the scary 273 00:14:28,400 --> 00:14:31,600 Speaker 1: thing about Trump was he had bad manners and he tweeted, 274 00:14:31,880 --> 00:14:34,080 Speaker 1: you know, which was actually the best thing about Trump. 275 00:14:34,080 --> 00:14:37,440 Speaker 1: I mean, his vulgarity was right right, No, no, great 276 00:14:38,120 --> 00:14:40,760 Speaker 1: arty was his best quality. Yeah. But anyway, but they're 277 00:14:40,760 --> 00:14:42,960 Speaker 1: gonna buy into it. You can already see hollinggood now, 278 00:14:43,040 --> 00:14:45,320 Speaker 1: Like you know, like if Hiss president of santast He's 279 00:14:45,360 --> 00:14:49,120 Speaker 1: gonna get much more favorable coverage, like in all the media, well, 280 00:14:49,160 --> 00:14:52,200 Speaker 1: the National Review Crew, I mean, I wrote a piece 281 00:14:52,240 --> 00:14:54,920 Speaker 1: about how De Santis was more dangerous than Trump because 282 00:14:55,200 --> 00:14:58,680 Speaker 1: he's much more effective and much smarter than Trump. I mean, 283 00:14:58,760 --> 00:15:01,160 Speaker 1: one of the good thing things about Trump, at least 284 00:15:01,160 --> 00:15:03,800 Speaker 1: for our case, was that when he tried to do something, 285 00:15:04,200 --> 00:15:07,880 Speaker 1: he usually fucked it up, whereas De Santis has been 286 00:15:07,920 --> 00:15:12,600 Speaker 1: incredibly successful as turning Florida into a mini autocracy. Yeah, 287 00:15:12,600 --> 00:15:14,520 Speaker 1: I don't know. I mean, I mean that is why 288 00:15:14,600 --> 00:15:17,120 Speaker 1: you know that on the right, he's the American orbon like, 289 00:15:17,200 --> 00:15:19,600 Speaker 1: he can use the powers of the state to like, 290 00:15:19,680 --> 00:15:22,960 Speaker 1: you know, try to create a one party state. And unfortunately, 291 00:15:23,000 --> 00:15:25,920 Speaker 1: like I gotta say, there's some buy in on that 292 00:15:26,120 --> 00:15:29,240 Speaker 1: from some of the centrist media as well, and I 293 00:15:29,320 --> 00:15:31,480 Speaker 1: think that's where that's really where the danger lies from 294 00:15:31,480 --> 00:15:34,160 Speaker 1: that it's going to be a little bit harder. I mean. 295 00:15:34,200 --> 00:15:36,040 Speaker 1: On the positive side, I think that he pushed for 296 00:15:36,120 --> 00:15:40,080 Speaker 1: more mobilization among liberals taxis like you know, and maybe 297 00:15:40,080 --> 00:15:42,080 Speaker 1: to break with the centrist media and try to create 298 00:15:42,160 --> 00:15:45,000 Speaker 1: more alternative media sources, because I think people are really 299 00:15:45,000 --> 00:15:47,440 Speaker 1: going to see with the scientists much more than Trump 300 00:15:47,640 --> 00:15:50,520 Speaker 1: the right sort of authoritarian Republican. There's a lot of 301 00:15:50,520 --> 00:15:53,200 Speaker 1: people in the establishment that that's what they want. I mean, 302 00:15:53,640 --> 00:15:57,200 Speaker 1: I agree that the Republican Party is completely without hope 303 00:15:57,280 --> 00:16:01,680 Speaker 1: and that they've embraced authoritarianism and that they continue to 304 00:16:01,720 --> 00:16:04,720 Speaker 1: engage in it. I don't think de Santists gets there, 305 00:16:04,920 --> 00:16:07,120 Speaker 1: like I think Trump just takes him down at the 306 00:16:07,160 --> 00:16:11,160 Speaker 1: knees because everything we're seeing evidence wise points to the 307 00:16:11,200 --> 00:16:14,640 Speaker 1: fact that he is a bad at retail politics, and 308 00:16:14,720 --> 00:16:17,600 Speaker 1: like we are a country where our politicians need to 309 00:16:17,640 --> 00:16:21,440 Speaker 1: go on television and be charming, and I just you know, 310 00:16:21,760 --> 00:16:24,280 Speaker 1: no evidence supports the idea that he could even do 311 00:16:24,360 --> 00:16:26,880 Speaker 1: that for a minute. Yeah, no, that's absolutely right right 312 00:16:26,920 --> 00:16:29,880 Speaker 1: now that the signs are very bad. And where success 313 00:16:30,080 --> 00:16:33,360 Speaker 1: is is in terms of like sort of fundraising with 314 00:16:33,440 --> 00:16:36,120 Speaker 1: the donor base. And I have to say, if that's 315 00:16:36,160 --> 00:16:38,680 Speaker 1: what is your success as a politician, then you know, 316 00:16:38,720 --> 00:16:40,920 Speaker 1: that's why we had President Jeff Bush. That's why we 317 00:16:40,960 --> 00:16:44,120 Speaker 1: had President Ted Cruz. That's why we had President Phil Brown. 318 00:16:44,280 --> 00:16:48,720 Speaker 1: I don't remember, you know, because that guy they could 319 00:16:48,720 --> 00:16:50,720 Speaker 1: like open up a bank account and that telling me 320 00:16:50,760 --> 00:16:54,680 Speaker 1: there'd be like one hundred and fifty million dollars. I 321 00:16:54,720 --> 00:16:56,960 Speaker 1: would say one other thing about this, which is that 322 00:16:57,120 --> 00:16:59,800 Speaker 1: you know, I was talking to someone who's a staff 323 00:17:00,400 --> 00:17:04,120 Speaker 1: and that person was saying that actually they're seeing some 324 00:17:04,280 --> 00:17:08,240 Speaker 1: GOP donors who do not like him because he can't schmooz. 325 00:17:08,920 --> 00:17:12,560 Speaker 1: And like you know Trump, I mean again, and I 326 00:17:12,600 --> 00:17:14,800 Speaker 1: am no fit. This is no one is defending Trump, 327 00:17:14,840 --> 00:17:17,960 Speaker 1: no one is liking him, no one is even saying 328 00:17:18,000 --> 00:17:21,680 Speaker 1: anything nice about him. But Trump could schmooz. Oh absolutely, yeah. Yeah. 329 00:17:21,680 --> 00:17:24,439 Speaker 1: I mean we kind of underrate that aspect. But I 330 00:17:24,480 --> 00:17:26,919 Speaker 1: mean the thing is that Trump was an ideal GOP 331 00:17:27,080 --> 00:17:29,920 Speaker 1: candidate in this era where they're kind of a shrinking 332 00:17:29,920 --> 00:17:33,480 Speaker 1: party because he could both you know, he's rub enough 333 00:17:33,520 --> 00:17:35,520 Speaker 1: money and he has Mara Lego and he knows how 334 00:17:35,520 --> 00:17:38,399 Speaker 1: to talk to you know, the real estate guys and 335 00:17:38,520 --> 00:17:41,359 Speaker 1: the card dealers to give them to pony up some money. 336 00:17:41,400 --> 00:17:43,680 Speaker 1: But he's also you know, it was on TV, so 337 00:17:43,920 --> 00:17:46,960 Speaker 1: like the non college whites can really relate to him. 338 00:17:47,240 --> 00:17:49,600 Speaker 1: So yeah, I just think, yeah, I just had to. 339 00:17:50,200 --> 00:17:52,960 Speaker 1: He sounds like, from what you're saying, he's weak on 340 00:17:53,040 --> 00:17:55,840 Speaker 1: both sides, which is like a really amazing thing. We'll 341 00:17:55,840 --> 00:17:57,360 Speaker 1: see how. I don't want to get too much into 342 00:17:57,440 --> 00:18:00,280 Speaker 1: prediction game, but I think these are real vulnerability, these 343 00:18:00,359 --> 00:18:02,800 Speaker 1: Indi Santos and right now, the people that love him 344 00:18:02,880 --> 00:18:06,000 Speaker 1: most are these guys who at National Review and elsewhere, 345 00:18:06,160 --> 00:18:08,840 Speaker 1: who I gotta tell you, like they get paid six 346 00:18:08,880 --> 00:18:12,480 Speaker 1: figure salaries for like a minuscule readership. I don't know 347 00:18:12,520 --> 00:18:16,200 Speaker 1: if he saw this thing with Rod Dreyer. Yes, that 348 00:18:16,320 --> 00:18:19,600 Speaker 1: was a Vanity Fair story. Yeah, yeah, Vanity Fair story. Yeah. 349 00:18:19,600 --> 00:18:22,360 Speaker 1: And so this guy been writing for like a long time, 350 00:18:22,440 --> 00:18:25,160 Speaker 1: blogging on a record conservative. It turns out this entire 351 00:18:25,200 --> 00:18:28,760 Speaker 1: support was one rich guy in California of real estate 352 00:18:28,800 --> 00:18:31,600 Speaker 1: failed son who had a lot of money like Rod's writing, 353 00:18:31,680 --> 00:18:34,040 Speaker 1: and was paying for his whole salary, which a six 354 00:18:34,119 --> 00:18:37,879 Speaker 1: figure for writing this gibberish. And then the Dreer like, 355 00:18:38,000 --> 00:18:42,200 Speaker 1: unfortunately like went too far with describing an uncircumcised penis 356 00:18:42,200 --> 00:18:44,240 Speaker 1: that he saw when he was a child as like 357 00:18:44,359 --> 00:18:46,600 Speaker 1: this kind of root weener or something like this, and 358 00:18:47,040 --> 00:18:49,200 Speaker 1: then the donor said, oh, that's a little too weird. 359 00:18:50,119 --> 00:18:55,760 Speaker 1: That's it. I'm sorry. Yes, roddrere a good point, completely 360 00:18:56,200 --> 00:18:59,959 Speaker 1: completely insane. Thank you so much for joining us. Always 361 00:19:00,119 --> 00:19:02,760 Speaker 1: is a delight. Oh it's good to be on the show. 362 00:19:06,080 --> 00:19:11,400 Speaker 1: Congressman Richie Torres represents New York's fifteenth congressional district. Welcome 363 00:19:11,520 --> 00:19:16,359 Speaker 1: to Fast Politics, Congressman Richie Torres. Always a pleasure to 364 00:19:16,359 --> 00:19:18,800 Speaker 1: be here. Delighted to have you. First. I want to 365 00:19:18,800 --> 00:19:22,439 Speaker 1: talk to you about what you just said to me 366 00:19:22,520 --> 00:19:26,480 Speaker 1: before we were recording, which was that what you were 367 00:19:26,560 --> 00:19:31,040 Speaker 1: told was that being in the minority would be more 368 00:19:31,119 --> 00:19:33,080 Speaker 1: laid back, and it has not been that case. Can 369 00:19:33,119 --> 00:19:35,440 Speaker 1: you explain. Yeah, I was told that, you know, since 370 00:19:35,480 --> 00:19:37,240 Speaker 1: I'm in the minority, I will have more free time 371 00:19:37,280 --> 00:19:39,440 Speaker 1: in my hands, and in fact, quite the opposite. It's 372 00:19:39,440 --> 00:19:42,480 Speaker 1: been much more demanding, partly because of the committees on 373 00:19:42,520 --> 00:19:45,159 Speaker 1: which I sit. I mean, financial services is demanding. But 374 00:19:45,240 --> 00:19:48,359 Speaker 1: I was appointed to the new Select Committee on Strategic 375 00:19:48,400 --> 00:19:52,760 Speaker 1: Competition between the United States and the CCP, and the 376 00:19:52,800 --> 00:19:56,320 Speaker 1: combination of those two committees has been quite consuming. You know, 377 00:19:56,359 --> 00:19:58,600 Speaker 1: it's Sunday. It happened to be my birthday. I just 378 00:19:58,640 --> 00:20:02,760 Speaker 1: turned thirty five, bragging I've been an elected official for 379 00:20:02,920 --> 00:20:06,680 Speaker 1: ten years shadow and I could not even I could 380 00:20:06,680 --> 00:20:09,080 Speaker 1: not even celebrate my birthday because I was bombarded with 381 00:20:09,160 --> 00:20:14,360 Speaker 1: phone calls about the banking crisis. See, I only emailed you, 382 00:20:14,600 --> 00:20:16,960 Speaker 1: so there we go. Well, I do not consider an 383 00:20:16,960 --> 00:20:20,959 Speaker 1: email from your work, thank you, So talk to me 384 00:20:21,040 --> 00:20:25,160 Speaker 1: about what happened with you guys and Silicon Valley Bank 385 00:20:25,240 --> 00:20:28,440 Speaker 1: this weekend. As you know, unlike in two thousand and eight, 386 00:20:28,880 --> 00:20:33,080 Speaker 1: when the bank's invested in distressed assets, right like you 387 00:20:33,119 --> 00:20:38,120 Speaker 1: know junk like subprime mortgages. Silicon Valley Bank heavily invested 388 00:20:38,440 --> 00:20:42,640 Speaker 1: in long term assets, long term treasuries and prime mortgage 389 00:20:42,640 --> 00:20:47,200 Speaker 1: backed securities, which are normally safe assets. Yes, those normally 390 00:20:47,240 --> 00:20:50,760 Speaker 1: safe assets became unsafe for a bank in a high 391 00:20:50,800 --> 00:20:53,440 Speaker 1: interest rate environment, and so when the FED began raising 392 00:20:53,440 --> 00:20:56,680 Speaker 1: interest rates, it had two effects. First, it drove down 393 00:20:56,880 --> 00:21:00,240 Speaker 1: the value of those long term bonds because investors could 394 00:21:00,280 --> 00:21:03,280 Speaker 1: get short term bonds with the same or better yields. 395 00:21:03,600 --> 00:21:06,720 Speaker 1: And second, it drove down the amount of startup funding, 396 00:21:07,000 --> 00:21:10,720 Speaker 1: which led startups to withdraw their deposits from Silicon Valley Bank, 397 00:21:10,760 --> 00:21:13,639 Speaker 1: which was the go to lender for the startup industry, 398 00:21:14,080 --> 00:21:17,480 Speaker 1: and in order to honor those redemption requests, Silicon Valley 399 00:21:17,480 --> 00:21:20,600 Speaker 1: Bank had no choice but to sell their long term 400 00:21:20,600 --> 00:21:23,960 Speaker 1: assets their valuable assets in the short term, which meant 401 00:21:23,960 --> 00:21:26,159 Speaker 1: selling them metal loss. People should keep in mind that 402 00:21:26,240 --> 00:21:29,920 Speaker 1: banking is as much about psychology as it is about finance. 403 00:21:30,440 --> 00:21:34,240 Speaker 1: It's a confidence game. And when Silicon Valley Bank announced 404 00:21:34,359 --> 00:21:36,399 Speaker 1: that it had sold more than twenty billion dollars in 405 00:21:36,440 --> 00:21:40,080 Speaker 1: securities at a loss of one point eight billion dollars, 406 00:21:40,119 --> 00:21:43,440 Speaker 1: that announcement, which was poorly timed against the backdrop of 407 00:21:43,560 --> 00:21:49,199 Speaker 1: Silvergate collapse had a customers into withdrawing their deposits. And 408 00:21:49,320 --> 00:21:53,240 Speaker 1: in a world of social media, financial panic can spread 409 00:21:53,520 --> 00:21:56,960 Speaker 1: more rapidly and more widely than ever before. And keep 410 00:21:56,960 --> 00:21:59,840 Speaker 1: in mind that the customer base of Silicon Valley Bank, 411 00:22:00,119 --> 00:22:03,600 Speaker 1: We're not retail customers. These were VC firm startups that 412 00:22:03,640 --> 00:22:07,160 Speaker 1: are hyper engaged online to have more social media savvy 413 00:22:07,200 --> 00:22:09,720 Speaker 1: than the average person. So this is the first bank 414 00:22:09,800 --> 00:22:12,440 Speaker 1: run in American history that was driven by social media. 415 00:22:12,480 --> 00:22:16,119 Speaker 1: And I want to provide a contrast that illustrates the speed. 416 00:22:16,400 --> 00:22:19,600 Speaker 1: So in two thousand and eight, Washington Mutual, which was 417 00:22:19,680 --> 00:22:22,520 Speaker 1: the largest bank failure, saw a loss of sixteen point 418 00:22:22,560 --> 00:22:25,560 Speaker 1: seven billion dollars over the course of ten days. That 419 00:22:25,640 --> 00:22:28,159 Speaker 1: was the largest bank failure. Silicon Valley Banks saw the 420 00:22:28,240 --> 00:22:30,879 Speaker 1: loss of forty two billion dollars in the span of 421 00:22:30,920 --> 00:22:34,040 Speaker 1: a single day. So the sheer speed of the bank 422 00:22:34,119 --> 00:22:36,879 Speaker 1: of the bank run is unprecedented in American history. And 423 00:22:37,040 --> 00:22:39,240 Speaker 1: much of that is social media work. A lot of 424 00:22:39,920 --> 00:22:44,960 Speaker 1: and rand types venture capitalists, people who sue for being 425 00:22:45,040 --> 00:22:48,200 Speaker 1: mentioned on a podcast, so their names will not be used, 426 00:22:48,200 --> 00:22:50,880 Speaker 1: but you know who I'm talking about. Peter two there 427 00:22:51,040 --> 00:22:55,119 Speaker 1: was a lot of involvement from that crew in ginning 428 00:22:55,200 --> 00:22:59,639 Speaker 1: up this panic. The VC community arguably planted the seeds 429 00:22:59,640 --> 00:23:02,840 Speaker 1: of its own decline. Like, the VC community made a 430 00:23:02,920 --> 00:23:07,080 Speaker 1: decision which is baffling beyond belief right to sabotage their 431 00:23:07,160 --> 00:23:10,760 Speaker 1: leading lender. Like without Silicon Valley Bank, the tech startup 432 00:23:10,760 --> 00:23:13,679 Speaker 1: industry is going to have far less access to capital. Yeah, 433 00:23:13,440 --> 00:23:16,600 Speaker 1: it's a dramatic disruption of their status quo. So this 434 00:23:16,680 --> 00:23:19,239 Speaker 1: was a case study in self sabotage. Yeah, that was 435 00:23:19,280 --> 00:23:22,680 Speaker 1: my thinking too. When I started to get calls on 436 00:23:22,760 --> 00:23:25,840 Speaker 1: Saturday from freaked out vcs, I mean, I just want 437 00:23:25,840 --> 00:23:28,400 Speaker 1: to like talk through this for two more seconds because 438 00:23:28,400 --> 00:23:30,240 Speaker 1: I know I want to talk to about China after this. 439 00:23:30,359 --> 00:23:33,720 Speaker 1: But the bank needed to recapitalize. The truth is as 440 00:23:33,800 --> 00:23:36,479 Speaker 1: much as losing money on mortgage back It's not mortgage 441 00:23:36,480 --> 00:23:39,480 Speaker 1: backed securities. It was it wasn't it. It was tea bills, right, 442 00:23:39,800 --> 00:23:43,760 Speaker 1: both treasuries and prime mortgage back securities. So safe, right, 443 00:23:43,920 --> 00:23:47,119 Speaker 1: so safe? Losing a billion dollars, I just want to 444 00:23:47,160 --> 00:23:50,719 Speaker 1: like contextualize this. A billion dollars on tea bills and 445 00:23:51,760 --> 00:23:55,440 Speaker 1: these securities is not necessarily like they could have come 446 00:23:55,480 --> 00:23:58,119 Speaker 1: back from that. There was no reason why that number 447 00:23:58,160 --> 00:24:02,399 Speaker 1: needed to destroy the bank. No. Look, the underlying finances 448 00:24:02,440 --> 00:24:06,120 Speaker 1: of the bank were sound, right, But keep in mind 449 00:24:06,160 --> 00:24:08,880 Speaker 1: that which rise bank runs is not economics or finance. 450 00:24:09,040 --> 00:24:13,560 Speaker 1: It's psychology. It's it's the irrationality of financial panting. And 451 00:24:13,720 --> 00:24:15,760 Speaker 1: there's no bank in America. I mean, the honest truth 452 00:24:15,840 --> 00:24:18,400 Speaker 1: is there's no bank in America. Right, they can withstand 453 00:24:18,520 --> 00:24:21,000 Speaker 1: that that has enough on hand to couple all your deposits. 454 00:24:21,080 --> 00:24:23,320 Speaker 1: That's the nature of fractionally reserve banking. I want to 455 00:24:23,359 --> 00:24:26,800 Speaker 1: go deeper on this because now that this news cycle 456 00:24:26,920 --> 00:24:28,600 Speaker 1: is sort of now that we're a couple of days 457 00:24:28,600 --> 00:24:33,080 Speaker 1: into this cycle, the Republican narrative is this was woke banking. Okay, 458 00:24:33,080 --> 00:24:36,120 Speaker 1: we know that's bullshit, right, We saw the twenty four 459 00:24:36,119 --> 00:24:40,399 Speaker 1: white guys in the management obviously, and by the way, 460 00:24:40,520 --> 00:24:43,320 Speaker 1: you know whatever, it wasn't fucking woke banking. That's bullshit. 461 00:24:43,440 --> 00:24:45,840 Speaker 1: But I want to go back for a minute and 462 00:24:45,960 --> 00:24:51,240 Speaker 1: talk about when this bank run happened. These regional banks 463 00:24:51,280 --> 00:24:54,800 Speaker 1: were not regulated the same way that the larger banks are. 464 00:24:54,840 --> 00:24:58,639 Speaker 1: Can you talk about that? Yes, So the banking system 465 00:24:58,680 --> 00:25:02,680 Speaker 1: was radically remade and the aftermath of the two thousand 466 00:25:02,720 --> 00:25:06,080 Speaker 1: and eight crisis, we passed dot frank, which subjected the 467 00:25:06,200 --> 00:25:09,679 Speaker 1: largest banks, the biggest banks to the most rigorous forms 468 00:25:09,760 --> 00:25:13,879 Speaker 1: of regulation, a stress test, much larger capital reserves. There's 469 00:25:13,880 --> 00:25:18,359 Speaker 1: a concept known as enhanced frudential supervision and enhanced Prudential Standards, 470 00:25:18,400 --> 00:25:21,359 Speaker 1: which is the highest form of regulation, and banks with 471 00:25:21,480 --> 00:25:24,920 Speaker 1: assets fifty billion or more were subject to the highest regulation. 472 00:25:25,119 --> 00:25:29,160 Speaker 1: In twenty eighteen, with lobbing from regional banks like Silicon 473 00:25:29,240 --> 00:25:32,640 Speaker 1: Valley Bank and Signature Bank, President Trump signed into law 474 00:25:32,960 --> 00:25:36,440 Speaker 1: a bill that would that raise the threshold for enhanced 475 00:25:36,520 --> 00:25:39,640 Speaker 1: supervision from fifty billion dollars to two hundred and fifty 476 00:25:39,640 --> 00:25:42,240 Speaker 1: billion dollars. And at the end of twenty twenty two, 477 00:25:42,400 --> 00:25:44,960 Speaker 1: Silicon Valley Bank had two hundred and nine billion dollars 478 00:25:45,000 --> 00:25:48,159 Speaker 1: in total assets, which was right below the threshold for 479 00:25:48,520 --> 00:25:52,560 Speaker 1: enhanced supervision. And that's significant because without enhanced supervision, it 480 00:25:52,800 --> 00:25:55,520 Speaker 1: radically reduces the amount of stress testing your undergoing and 481 00:25:55,640 --> 00:25:59,440 Speaker 1: radically reduces the granularity and the frequency of the stress testing. Now, 482 00:25:59,440 --> 00:26:02,200 Speaker 1: having said that, even if the law had never been changed, 483 00:26:02,480 --> 00:26:05,119 Speaker 1: one cannot know for sure whether the crisis could have 484 00:26:05,160 --> 00:26:08,160 Speaker 1: been prevented because there appears to have been an incestuous 485 00:26:08,160 --> 00:26:12,439 Speaker 1: relationship between the FED and Silicon Valley Bank. The CEO 486 00:26:12,440 --> 00:26:15,239 Speaker 1: of Silicon Valley Bank sat on the board of the 487 00:26:15,240 --> 00:26:19,320 Speaker 1: Federal Reserve of San Francisco, which is his regulator, right, 488 00:26:19,400 --> 00:26:23,760 Speaker 1: So that to me is suggestive of an incestuish relationship 489 00:26:24,119 --> 00:26:27,720 Speaker 1: that undermines regulations. Why did that happen, by the way, 490 00:26:27,760 --> 00:26:30,160 Speaker 1: I mean, how is that allowed to happen? I mean, 491 00:26:30,200 --> 00:26:32,240 Speaker 1: one of the lessons learned is that we have to 492 00:26:32,280 --> 00:26:35,679 Speaker 1: prohibit CEOs of sitting on the boards of their regulators, 493 00:26:35,680 --> 00:26:38,720 Speaker 1: Like common sense dictates that that is a conflict of interest. Right, 494 00:26:38,960 --> 00:26:42,399 Speaker 1: when we talked about this anxiety that a lot of 495 00:26:42,400 --> 00:26:44,920 Speaker 1: these vcs were having, you said, if this bank is 496 00:26:44,960 --> 00:26:49,080 Speaker 1: able to get a guarantee, we need to regulate the 497 00:26:50,440 --> 00:26:52,399 Speaker 1: out of them. So yeah, I mean, I want to 498 00:26:52,440 --> 00:26:55,000 Speaker 1: make that point because it's a trade off. Right, If 499 00:26:55,040 --> 00:26:59,480 Speaker 1: we're expanding the realm of too big to fail include 500 00:26:59,520 --> 00:27:02,560 Speaker 1: regional banks, then that has to come with strings attached. 501 00:27:02,560 --> 00:27:05,480 Speaker 1: That has to come with more rigorous regulation. You know, 502 00:27:05,560 --> 00:27:09,160 Speaker 1: regulation is important not only on its own merits, because 503 00:27:09,200 --> 00:27:12,920 Speaker 1: regulation inspires confidence, like we have confidence in the biggest 504 00:27:12,920 --> 00:27:15,679 Speaker 1: banks like JP Morgan, because those are the banks that 505 00:27:15,720 --> 00:27:18,760 Speaker 1: are subject to the most regulation, right, And I think that, 506 00:27:19,040 --> 00:27:21,520 Speaker 1: you know, it's funny because it's like we had the 507 00:27:21,640 --> 00:27:26,040 Speaker 1: last couple of months, we've seen both regulatory failures in 508 00:27:26,080 --> 00:27:29,840 Speaker 1: the trains and we've seen regulatory failures in the banks. 509 00:27:30,359 --> 00:27:33,440 Speaker 1: And remember we had this president for four years who 510 00:27:33,560 --> 00:27:37,399 Speaker 1: is like, every day I take away a regulation. You know, 511 00:27:37,560 --> 00:27:41,240 Speaker 1: for every one regulation, I take away fifty five. I 512 00:27:41,280 --> 00:27:44,359 Speaker 1: mean that. And like, you know, when you say stuff 513 00:27:44,359 --> 00:27:48,159 Speaker 1: like that, people don't understand it until they're you know, 514 00:27:48,359 --> 00:27:50,640 Speaker 1: trying to get to the get money out of the bank. Look, 515 00:27:50,680 --> 00:27:52,560 Speaker 1: for me, our highest priority has to be to protect 516 00:27:52,600 --> 00:27:55,280 Speaker 1: the safety and soundness of our banking system, which is 517 00:27:55,280 --> 00:27:58,600 Speaker 1: the beating heart of our economy. Everything else is secondary. 518 00:27:58,800 --> 00:28:01,040 Speaker 1: And you know, one of my criticisms of the FED 519 00:28:01,560 --> 00:28:04,280 Speaker 1: is that it has a dual mandate. Right when setting 520 00:28:04,280 --> 00:28:08,520 Speaker 1: interest rates, it considers employment and inflation. A case could 521 00:28:08,560 --> 00:28:11,080 Speaker 1: be made that the FED should expand its mandate to 522 00:28:11,119 --> 00:28:13,879 Speaker 1: include financial stability. We have to consider the impact that 523 00:28:14,040 --> 00:28:16,840 Speaker 1: interest rates have on the stability of the banking system, 524 00:28:17,240 --> 00:28:20,160 Speaker 1: which is the beating heart of the economy. Yeah, so interesting, 525 00:28:20,200 --> 00:28:23,360 Speaker 1: So talk to me about what's happening with this special 526 00:28:23,359 --> 00:28:26,119 Speaker 1: committee you're on, explain what it is and what it 527 00:28:26,160 --> 00:28:29,439 Speaker 1: does for all of us who are not completely brought in. 528 00:28:29,800 --> 00:28:32,719 Speaker 1: So the House has set up a new Committee on 529 00:28:32,920 --> 00:28:36,320 Speaker 1: Strategic Competition between the United States and the CCP, the 530 00:28:36,400 --> 00:28:39,920 Speaker 1: Chinese Communist Party, which is essentially the committee on everything. 531 00:28:39,960 --> 00:28:43,240 Speaker 1: It will touch on the jurisdiction of every standing committee. 532 00:28:43,440 --> 00:28:49,640 Speaker 1: We're going to tackle military, diplomatic, geopolitical, economic, technological issues. 533 00:28:50,080 --> 00:28:53,000 Speaker 1: But our goal is to ensure that America remains competitive, 534 00:28:53,000 --> 00:28:56,760 Speaker 1: that we remain the leader of the free worlds. You know, 535 00:28:56,800 --> 00:28:58,760 Speaker 1: I think we should be careful not to engage in 536 00:28:58,920 --> 00:29:01,960 Speaker 1: Bellico's rhetoric that will provoke even greater tensions between the 537 00:29:02,080 --> 00:29:04,240 Speaker 1: United States and China. But we have to recognize that 538 00:29:04,280 --> 00:29:07,880 Speaker 1: the Chinese Communist Party is a genuine challenge to the 539 00:29:07,960 --> 00:29:11,760 Speaker 1: United States. As you know, China, or the CCP rather 540 00:29:12,680 --> 00:29:15,840 Speaker 1: is committing genocide against weaker Muslims, detaining more than a 541 00:29:15,880 --> 00:29:18,360 Speaker 1: million Muslims and concentration camps in what it calls re 542 00:29:18,560 --> 00:29:21,920 Speaker 1: education centers. We know that the CCP is showing the 543 00:29:21,960 --> 00:29:25,320 Speaker 1: same kind of aggression toward Taiwan the Russia has shown 544 00:29:25,440 --> 00:29:28,719 Speaker 1: toward Ukraine in the lead up to the invasion. We 545 00:29:28,760 --> 00:29:31,840 Speaker 1: know that the CCP has stolen six hundred billion dollars 546 00:29:31,840 --> 00:29:35,200 Speaker 1: in intellectual property from the United States. We know that 547 00:29:35,240 --> 00:29:38,520 Speaker 1: the CCP subjects its own people to a mass surveillance 548 00:29:38,520 --> 00:29:40,920 Speaker 1: states the likes of which not even George Orwell could 549 00:29:40,920 --> 00:29:43,480 Speaker 1: have imagined. And we know that the use of China 550 00:29:43,560 --> 00:29:47,959 Speaker 1: as a global factory has utterly decimated manufacturing in the 551 00:29:48,040 --> 00:29:50,840 Speaker 1: United States. So those are challenges that are too glaring 552 00:29:50,840 --> 00:29:53,520 Speaker 1: to ignore. And I think the mission of the committee 553 00:29:53,960 --> 00:29:57,200 Speaker 1: is to create a comprehensive legislative agenda that touches on 554 00:29:57,200 --> 00:29:59,560 Speaker 1: all those topics that will position the United States to 555 00:29:59,640 --> 00:30:02,000 Speaker 1: be more productive at home and more competitive abroad. It's 556 00:30:02,000 --> 00:30:07,200 Speaker 1: such a hard thing with China because they are like 557 00:30:07,800 --> 00:30:11,160 Speaker 1: much of the world, I mean, and they're clearly one 558 00:30:11,280 --> 00:30:15,400 Speaker 1: fifth of the world, right, so clearly they're too big 559 00:30:15,440 --> 00:30:19,000 Speaker 1: to war with, right, Like I mean speak of too 560 00:30:19,000 --> 00:30:21,800 Speaker 1: big to fail. I mean, how do you deal with 561 00:30:21,880 --> 00:30:24,040 Speaker 1: the country that is? I mean, if you think about 562 00:30:24,080 --> 00:30:27,160 Speaker 1: like the war with Russia, whatever, the war non war 563 00:30:27,320 --> 00:30:29,240 Speaker 1: with Russia that we've been fighting for the last year, 564 00:30:29,400 --> 00:30:32,680 Speaker 1: Like in the end, eventually Russia will just get bored 565 00:30:32,720 --> 00:30:35,720 Speaker 1: with this. But I mean, or they'll or they will 566 00:30:35,760 --> 00:30:38,360 Speaker 1: get exhausted and they'll run out of money. But I mean, 567 00:30:38,560 --> 00:30:41,040 Speaker 1: you go to war with China, that's the end of 568 00:30:41,040 --> 00:30:45,000 Speaker 1: it for all of us. So I mean, what how 569 00:30:45,040 --> 00:30:49,160 Speaker 1: do you tread with a country that won't necessarily negotiate well. 570 00:30:49,200 --> 00:30:52,040 Speaker 1: The mission of the New Committee should be to prevent war, 571 00:30:52,520 --> 00:30:56,880 Speaker 1: not provoking, right, because the worst case scenario is a 572 00:30:56,920 --> 00:30:59,920 Speaker 1: World War three, a war between the United States and China, 573 00:31:00,120 --> 00:31:03,120 Speaker 1: which would be a complete catastrophe for the globe. I mean, 574 00:31:03,160 --> 00:31:05,560 Speaker 1: that could be the apocalypse. So our goal should be 575 00:31:05,600 --> 00:31:09,160 Speaker 1: to prevent war. And the relationship with China has to 576 00:31:09,200 --> 00:31:12,320 Speaker 1: be both cooperative and competitive. It has to be cooperative 577 00:31:12,800 --> 00:31:15,880 Speaker 1: on global challenges by climate change, but it also has 578 00:31:15,920 --> 00:31:18,120 Speaker 1: to be competitive. We have to ensure that the United States, 579 00:31:18,120 --> 00:31:21,880 Speaker 1: that the democracy of the world maintain a competitive edge 580 00:31:22,120 --> 00:31:27,160 Speaker 1: when it comes to critical technologies like semiconductors, artificial intelligence 581 00:31:27,280 --> 00:31:31,160 Speaker 1: wants some computing. You want democratic countries to be the 582 00:31:31,240 --> 00:31:34,640 Speaker 1: leaders in those fields. I want to ask you here 583 00:31:34,680 --> 00:31:39,600 Speaker 1: you are in this brave new Congress. I mean, like, 584 00:31:39,720 --> 00:31:43,840 Speaker 1: this new Committee was started in a GOP Congress. So 585 00:31:44,040 --> 00:31:48,120 Speaker 1: there are some not insane things coming out of this Congress. 586 00:31:48,160 --> 00:31:52,040 Speaker 1: Despite the fact that you know, it's led by a 587 00:31:52,120 --> 00:31:54,920 Speaker 1: guy who basically got his job because Tackle Carlson said 588 00:31:54,960 --> 00:31:57,080 Speaker 1: he could have it. There's a tale of two Congresses. 589 00:31:57,120 --> 00:32:00,880 Speaker 1: You know, the Republican Party has policymakers and formers. Right 590 00:32:00,960 --> 00:32:05,520 Speaker 1: if you sit on the Financial Services Committee under Patrick 591 00:32:05,600 --> 00:32:09,640 Speaker 1: mckenry or the Select Committee on the CCP under Mike Gallagher, 592 00:32:09,920 --> 00:32:12,160 Speaker 1: you know, I have differences of opinion with them, but 593 00:32:12,360 --> 00:32:14,680 Speaker 1: those are serious people, and those are serious committees, and 594 00:32:14,720 --> 00:32:17,200 Speaker 1: so I have a different experience of Congress. But if 595 00:32:17,200 --> 00:32:22,120 Speaker 1: you're sitting on Oversight or Judiciary or the Weaponization Committee, 596 00:32:23,720 --> 00:32:26,840 Speaker 1: you think they're not doing serious staff over a weaponization 597 00:32:27,040 --> 00:32:29,280 Speaker 1: you're in the realm of the absurd. I mean, it's 598 00:32:29,320 --> 00:32:31,840 Speaker 1: just funny. It's like, I don't see how the Weaponization 599 00:32:31,920 --> 00:32:35,160 Speaker 1: Committee could even hire a staff. If I were interviewing 600 00:32:35,160 --> 00:32:37,800 Speaker 1: someone and someone said, oh, I was the staff director 601 00:32:37,800 --> 00:32:41,240 Speaker 1: for the Weaponization Committee, like I would just laugh. It's 602 00:32:41,280 --> 00:32:43,720 Speaker 1: like it's just the title is silly. Well, I think 603 00:32:43,720 --> 00:32:47,239 Speaker 1: they must go to like Briebard, you know, people in 604 00:32:47,280 --> 00:32:51,080 Speaker 1: that crew. I steer clear of those committees because I 605 00:32:51,120 --> 00:32:55,000 Speaker 1: would rather legislate than be subjected to the utter stupidity 606 00:32:55,600 --> 00:32:57,800 Speaker 1: people like Marjorie Chella Green and Law and Bobbart. I 607 00:32:57,840 --> 00:32:59,680 Speaker 1: want to get into this for a second, this idea 608 00:32:59,720 --> 00:33:02,080 Speaker 1: of the a tale of two Congresses. How do you 609 00:33:02,120 --> 00:33:05,920 Speaker 1: have serious Republicans and how do they negotiate, you know, 610 00:33:05,920 --> 00:33:09,080 Speaker 1: the Kevin McCarthy crew. Well, even though there are serious Republicans, 611 00:33:09,160 --> 00:33:12,160 Speaker 1: make no mistake, the far right is in charge of 612 00:33:12,160 --> 00:33:16,240 Speaker 1: the Republican Party. Like there's nothing serious or there's nothing 613 00:33:16,560 --> 00:33:22,040 Speaker 1: responsible about playing a game of brinksmanship around the deadlomit. So, 614 00:33:22,120 --> 00:33:24,680 Speaker 1: even though there are serious Republicans, make no mistake that 615 00:33:24,760 --> 00:33:28,280 Speaker 1: Kevin McCarthy and the Republican Party brit large is hostage 616 00:33:28,720 --> 00:33:31,320 Speaker 1: to the far right, which is willing to breach the 617 00:33:31,400 --> 00:33:34,000 Speaker 1: debt limit of the United States to score political points 618 00:33:34,000 --> 00:33:36,880 Speaker 1: against Joe Budden. And that's so I want to be 619 00:33:36,920 --> 00:33:40,360 Speaker 1: clear that we cannot overlook or whitewash the fanaticism of 620 00:33:40,440 --> 00:33:43,320 Speaker 1: the far right, which is enabled by the cowardice of 621 00:33:43,360 --> 00:33:46,000 Speaker 1: the center, which to the extent that he'd even exists 622 00:33:46,040 --> 00:33:50,479 Speaker 1: in the Republican Party. Yeah, I mean, it's incredible, incredible stuff. 623 00:33:50,720 --> 00:33:53,800 Speaker 1: What else are you seeing, you know, you're in Congress. 624 00:33:53,880 --> 00:33:55,720 Speaker 1: I mean, is it all just as run up to 625 00:33:55,720 --> 00:33:58,680 Speaker 1: the dead ceiling or is there other drama going on, 626 00:33:59,200 --> 00:34:01,880 Speaker 1: although there's no short a drama. I mean, though you know, 627 00:34:01,920 --> 00:34:05,320 Speaker 1: I never thought in my first term, on my third day, 628 00:34:05,600 --> 00:34:08,600 Speaker 1: I lived through the insurrection, and then in my second term, 629 00:34:08,640 --> 00:34:11,200 Speaker 1: I lived through the longest speaker vote in American history, 630 00:34:11,320 --> 00:34:13,200 Speaker 1: one of the longest speaker votes in American history, the 631 00:34:13,239 --> 00:34:16,040 Speaker 1: longest speaker vote in one hundred and sixty four years. 632 00:34:16,120 --> 00:34:20,280 Speaker 1: So there's just an endless dream of drama in Congress. 633 00:34:20,520 --> 00:34:24,120 Speaker 1: And it's because of the Republicans. The Republicans create drama 634 00:34:24,160 --> 00:34:27,680 Speaker 1: where none is necessary. Obviously, the banking crisis is going 635 00:34:27,719 --> 00:34:29,600 Speaker 1: to continue away heavily on us, and we have to 636 00:34:29,600 --> 00:34:32,280 Speaker 1: focus on We cannot say, for granted that the crisis 637 00:34:32,360 --> 00:34:35,080 Speaker 1: is behind us, even though yesterday the markets had a 638 00:34:35,120 --> 00:34:37,920 Speaker 1: good day, though today they're not. And again the stock 639 00:34:37,960 --> 00:34:40,319 Speaker 1: market is not the economy. I want to ask you 640 00:34:40,360 --> 00:34:43,839 Speaker 1: one last question. You are from New York. Democrats got 641 00:34:44,120 --> 00:34:50,000 Speaker 1: creamed and lost the House because of Jay Jacobs. I mean, 642 00:34:50,040 --> 00:34:54,040 Speaker 1: there's a real opportunity there between Santos and all of 643 00:34:54,080 --> 00:34:58,480 Speaker 1: these other Republicans in these swingey districts. Do you think 644 00:34:58,560 --> 00:35:01,359 Speaker 1: that New York State can learn its lesson and get 645 00:35:01,360 --> 00:35:05,160 Speaker 1: a shit together. I just turned thirty five, and my 646 00:35:05,239 --> 00:35:09,279 Speaker 1: birthday wish is a Democratic majority in twenty twenty four 647 00:35:09,320 --> 00:35:13,120 Speaker 1: and Hakeem Jeffreys as the next speaker, and the road 648 00:35:13,160 --> 00:35:16,120 Speaker 1: to the Democratic majority runs through New York State. Am 649 00:35:16,160 --> 00:35:18,560 Speaker 1: I confident that we're going to reform the Democratic Party 650 00:35:18,560 --> 00:35:20,560 Speaker 1: in New York State now? But I am confident that 651 00:35:20,600 --> 00:35:23,719 Speaker 1: we can win back those seats because in a presidential year, 652 00:35:24,000 --> 00:35:26,840 Speaker 1: you're going to have dramatically higher democratic turnout and what 653 00:35:26,920 --> 00:35:31,080 Speaker 1: are essentially democratic districts, these are democratic leaning districts, and 654 00:35:31,120 --> 00:35:33,760 Speaker 1: so I'm cautiously optimistic, but we cannot take it for granted. 655 00:35:33,760 --> 00:35:36,839 Speaker 1: And as you know, House Majority pack is going to 656 00:35:36,880 --> 00:35:40,960 Speaker 1: invest forty five million dollars in six races in New York. 657 00:35:41,200 --> 00:35:44,400 Speaker 1: So that's an astonishing investment. That's how serious we are 658 00:35:44,400 --> 00:35:47,120 Speaker 1: about winning back the majority, and we see New York 659 00:35:47,160 --> 00:35:50,600 Speaker 1: as the road to the majority. Richie Torres, thank you 660 00:35:50,719 --> 00:35:56,080 Speaker 1: so much. I hope you'll come back anytime. Jenna Griswold 661 00:35:56,200 --> 00:36:00,440 Speaker 1: is Colorado's Secretary of State. Welcome to Fast Power Politics, 662 00:36:00,719 --> 00:36:04,920 Speaker 1: Secretary of State Griswold, So let's talk about what is 663 00:36:04,960 --> 00:36:09,640 Speaker 1: happening in Secretary of State world in Colorado. Again, I 664 00:36:09,719 --> 00:36:13,120 Speaker 1: want to preface this because we think of Colorado as 665 00:36:13,160 --> 00:36:16,640 Speaker 1: a blue state because it has a blue governor, it 666 00:36:16,680 --> 00:36:20,360 Speaker 1: has two blue senators now. But you're very much really 667 00:36:20,400 --> 00:36:23,319 Speaker 1: on the front lines in a lot of ways. That's right, 668 00:36:23,600 --> 00:36:28,200 Speaker 1: Colorado does have blue democratic leadership right now. But what 669 00:36:28,320 --> 00:36:30,960 Speaker 1: that said, I was the first Democrat to win Secretary 670 00:36:30,960 --> 00:36:33,520 Speaker 1: of State in over sixty years when we won in 671 00:36:33,560 --> 00:36:38,480 Speaker 1: twenty eighteen. I do think that Colorados unaffiliated Republicans and 672 00:36:38,719 --> 00:36:42,520 Speaker 1: Democrats just do not like the extremism. So I think 673 00:36:42,680 --> 00:36:44,880 Speaker 1: both are true. We've been at the front line on 674 00:36:45,000 --> 00:36:47,759 Speaker 1: a lot of the attacks on democracy which are ongoing, 675 00:36:48,080 --> 00:36:51,320 Speaker 1: but also have an electorate in a citizenry that just 676 00:36:51,600 --> 00:36:54,360 Speaker 1: does not like the extremism. So talk to me about 677 00:36:54,440 --> 00:36:57,480 Speaker 1: some of these ongoing attacks, because you are on the 678 00:36:57,560 --> 00:37:00,640 Speaker 1: front lines of voting and so your see a lot 679 00:37:00,719 --> 00:37:03,000 Speaker 1: of stuff that we may not be seeing yet. So 680 00:37:03,200 --> 00:37:06,760 Speaker 1: tell us what you're seeing. Well. Most recently this past weekend, 681 00:37:06,920 --> 00:37:09,960 Speaker 1: a prominent election denier won the race for chair of 682 00:37:10,040 --> 00:37:14,040 Speaker 1: the Colorado Republican Party, and it's the latest example of 683 00:37:14,239 --> 00:37:19,080 Speaker 1: how democracy remains under attack. Election deniers have been targeting 684 00:37:19,200 --> 00:37:23,120 Speaker 1: state GOP chair positions and winning key races. So so far, 685 00:37:23,280 --> 00:37:26,160 Speaker 1: I believe this is the fourth state party to go 686 00:37:26,239 --> 00:37:30,520 Speaker 1: to an election denier. Right, Michigan did recently too, Right, Yeah, 687 00:37:30,680 --> 00:37:34,480 Speaker 1: that's exactly right. The person who won was actually competing 688 00:37:34,560 --> 00:37:38,839 Speaker 1: against Tina Peters, who was the woman who breached her 689 00:37:38,840 --> 00:37:41,239 Speaker 1: own security trying to prove the big lie, a local 690 00:37:41,280 --> 00:37:45,560 Speaker 1: county clerk facing seven counts of felony indictment, and she 691 00:37:45,680 --> 00:37:49,600 Speaker 1: actually endorsed Dave Williams, who ended up winning. Jesus, Tina 692 00:37:49,719 --> 00:37:54,319 Speaker 1: Peters was an election denier who ended up facing real 693 00:37:54,440 --> 00:37:59,080 Speaker 1: legal consequences. That's right. So it was the first insider 694 00:37:59,200 --> 00:38:02,560 Speaker 1: threat and in the nation that we know of where 695 00:38:03,000 --> 00:38:07,960 Speaker 1: my team discovered the passwords to her county's election system 696 00:38:08,080 --> 00:38:11,439 Speaker 1: posted online by the person who allegedly is the leader 697 00:38:11,480 --> 00:38:16,160 Speaker 1: of QAnon. So we ended up investigating she did compromise 698 00:38:16,280 --> 00:38:21,000 Speaker 1: her system. She's facing a criminal trial right now, and 699 00:38:21,080 --> 00:38:23,439 Speaker 1: then was just convicted last week or the week before 700 00:38:23,520 --> 00:38:27,520 Speaker 1: on a separate trial, so as Artie was charged criminally. 701 00:38:27,800 --> 00:38:32,320 Speaker 1: These small county clerk jobs are sort of unsexy, but 702 00:38:32,600 --> 00:38:36,759 Speaker 1: they're real things and they have real consequences. They absolutely 703 00:38:36,840 --> 00:38:40,640 Speaker 1: have real consequences, and to be very clear, the vast 704 00:38:40,760 --> 00:38:45,160 Speaker 1: majority of county clerks Republicans, Democrats and affiliated to do 705 00:38:45,560 --> 00:38:49,560 Speaker 1: a really good job. They are elected to uphold the 706 00:38:49,719 --> 00:38:53,319 Speaker 1: right to vote, to actually administer the elections, and they 707 00:38:53,360 --> 00:38:56,080 Speaker 1: do a fantastic job here in Colorado. I was just 708 00:38:56,320 --> 00:38:59,800 Speaker 1: meeting with some of the clerks yesterday and mentioned that 709 00:39:00,320 --> 00:39:04,520 Speaker 1: the clerk from Fremont County, who's a Republican in my eyes, 710 00:39:04,880 --> 00:39:09,720 Speaker 1: got the best compliment because the county Democratic Party told 711 00:39:09,800 --> 00:39:12,759 Speaker 1: me how much faith they had in his leadership. And 712 00:39:12,880 --> 00:39:15,480 Speaker 1: that's how these county clerks should work. The local county 713 00:39:15,560 --> 00:39:19,480 Speaker 1: parties should have total faith in the county clerks, and 714 00:39:19,560 --> 00:39:21,960 Speaker 1: the best majority of them work around the clock. They 715 00:39:22,000 --> 00:39:26,680 Speaker 1: are the unsung heroes of American democracy. But of course 716 00:39:26,719 --> 00:39:29,279 Speaker 1: we've seen a couple of problematic ones pop up. I 717 00:39:29,400 --> 00:39:31,840 Speaker 1: just want to go back to these state party chairs 718 00:39:32,040 --> 00:39:35,640 Speaker 1: because can you explain to us why that matters? So 719 00:39:35,880 --> 00:39:40,000 Speaker 1: why electing an election denier for a GOP chair that 720 00:39:40,280 --> 00:39:42,640 Speaker 1: what the sort of consequences of that are. Yeah, I 721 00:39:42,680 --> 00:39:45,799 Speaker 1: think there's a couple of consequences, and it depends state 722 00:39:45,840 --> 00:39:49,600 Speaker 1: to state. First, and foremost, they're they're the leader of 723 00:39:49,760 --> 00:39:53,760 Speaker 1: the state Republican party and with the election of Dave Williams. 724 00:39:53,800 --> 00:39:57,920 Speaker 1: Here in Colorado, it's clearer that the state Republican Party 725 00:39:58,280 --> 00:40:02,440 Speaker 1: has embraced election denialists. That should be worrisome in itself. 726 00:40:02,840 --> 00:40:07,440 Speaker 1: You know, in Michigan, Christina Kuramo won her election of 727 00:40:07,680 --> 00:40:11,000 Speaker 1: the state Republican Party. She ran for a secretary of 728 00:40:11,120 --> 00:40:15,520 Speaker 1: state last cycle and has still refused to concede her failure. 729 00:40:15,760 --> 00:40:19,520 Speaker 1: She believes, by the way that like yoga is a 730 00:40:19,640 --> 00:40:23,160 Speaker 1: tie of Satan or something like that. It's really far 731 00:40:23,280 --> 00:40:26,040 Speaker 1: out there. The first thing is just the bully pulpit 732 00:40:26,320 --> 00:40:29,960 Speaker 1: of leadership. But then we work, the secretaries of state 733 00:40:30,120 --> 00:40:34,640 Speaker 1: work with the leadership of both political parties on election 734 00:40:34,719 --> 00:40:37,560 Speaker 1: issues through the election cycle. Depending on the state, the 735 00:40:37,680 --> 00:40:41,040 Speaker 1: county parties are compiling a list of election judges and 736 00:40:41,120 --> 00:40:46,240 Speaker 1: election watchers. Election deniers have also been elected to state 737 00:40:46,360 --> 00:40:50,200 Speaker 1: party chair in Ohio and Kansas. So it just underlines 738 00:40:50,440 --> 00:40:55,400 Speaker 1: that all the voters did their great service to democracy 739 00:40:55,440 --> 00:40:59,560 Speaker 1: in the midterms. Election denialism has not been defeated. Folks 740 00:41:00,120 --> 00:41:02,520 Speaker 1: far right are doubling down, So we just have to 741 00:41:02,600 --> 00:41:07,879 Speaker 1: continue to remain extremely vigilant and take action to protect democracy. 742 00:41:08,160 --> 00:41:12,840 Speaker 1: It's so dispiriting that this continues on and that like 743 00:41:12,960 --> 00:41:16,759 Speaker 1: the vos, just have to keep rejecting this kind of 744 00:41:16,840 --> 00:41:20,880 Speaker 1: crazy it is. But I'll tell you I am hopeful. 745 00:41:21,239 --> 00:41:25,280 Speaker 1: In the midterms, we had election deniers running for Secretary 746 00:41:25,320 --> 00:41:29,919 Speaker 1: of State, so the chief election officer in every battleground 747 00:41:30,000 --> 00:41:33,000 Speaker 1: state where we had a race. So we had election 748 00:41:33,080 --> 00:41:36,359 Speaker 1: deniers run in Nevada, in Michigan and Minnesota, in New 749 00:41:36,480 --> 00:41:41,520 Speaker 1: Mexico and Arizona. And why I'm so optimistic is that 750 00:41:41,840 --> 00:41:46,000 Speaker 1: when American voters know what's at stake, they are rejecting 751 00:41:46,160 --> 00:41:50,040 Speaker 1: these extremist candidates and ensuring that they are electing folks 752 00:41:50,080 --> 00:41:53,480 Speaker 1: who will be good stewards of elections, of ensuring that 753 00:41:53,920 --> 00:41:58,400 Speaker 1: every eligible person, regardless of their political affiliation or the 754 00:41:58,480 --> 00:42:00,719 Speaker 1: color of their skin, can have their voice hurt. With 755 00:42:00,920 --> 00:42:03,600 Speaker 1: that said, I do think we are not out of 756 00:42:03,640 --> 00:42:05,960 Speaker 1: the woods. But I also think that we will beat 757 00:42:06,040 --> 00:42:08,680 Speaker 1: this extremism. We're just not there yet. At the end 758 00:42:08,719 --> 00:42:12,319 Speaker 1: of the day, this is about power, and if Americans 759 00:42:12,440 --> 00:42:16,520 Speaker 1: continue to reject these extremist candidates, I do think this 760 00:42:16,719 --> 00:42:21,000 Speaker 1: will fade out of mainstream political thought. Yeah. No, I 761 00:42:21,080 --> 00:42:23,600 Speaker 1: mean I think if they keep losing with it, eventually 762 00:42:23,719 --> 00:42:26,480 Speaker 1: they'll decide that they have to run on something else. 763 00:42:26,640 --> 00:42:30,920 Speaker 1: But yeah, it's incredible that they keep losing on it. 764 00:42:31,320 --> 00:42:36,080 Speaker 1: You're seeing these state party chairs, You're seeing these county clerks. 765 00:42:36,680 --> 00:42:41,360 Speaker 1: What else are you seeing at the state level in Colorado? 766 00:42:41,800 --> 00:42:46,400 Speaker 1: So across the nation, we are seeing the continual effort 767 00:42:46,480 --> 00:42:49,600 Speaker 1: to strip Americans of the right to vote. If you remember, 768 00:42:49,680 --> 00:42:53,520 Speaker 1: the last couple of years, we sought an unprecedented passage 769 00:42:53,600 --> 00:42:56,799 Speaker 1: of voter suppression laws. It is now harder for many 770 00:42:56,840 --> 00:43:01,040 Speaker 1: Americans across the country to vote than before. That trimp continues. 771 00:43:01,160 --> 00:43:03,839 Speaker 1: This year alone, in at least thirty two states, over 772 00:43:03,960 --> 00:43:07,680 Speaker 1: one hundred and fifty voter suppression or election interference bills 773 00:43:07,719 --> 00:43:12,160 Speaker 1: were prefiled or introduced. And we are seeing across the 774 00:43:12,520 --> 00:43:16,920 Speaker 1: nation extremist Republicans continuing to try to undermine elections and 775 00:43:17,000 --> 00:43:22,040 Speaker 1: and pursuing a radical agenda. Our right to love who 776 00:43:22,120 --> 00:43:25,160 Speaker 1: we love, mary who we love, Provide kids with the 777 00:43:25,239 --> 00:43:29,600 Speaker 1: best possible education, the right for women and people to 778 00:43:29,719 --> 00:43:32,680 Speaker 1: have control over our own bodies. It all starts at 779 00:43:32,719 --> 00:43:37,160 Speaker 1: the ballot box. That's why protecting democracy is so important. 780 00:43:37,480 --> 00:43:39,640 Speaker 1: Lots of work ahead, but I am confident we're going 781 00:43:39,719 --> 00:43:43,640 Speaker 1: to get through this dark period. Of American history. In Colorado, 782 00:43:43,880 --> 00:43:46,439 Speaker 1: what does your state House look like? Are there still 783 00:43:46,480 --> 00:43:49,400 Speaker 1: allotted you? You are the state that has Lauren Boebert. 784 00:43:49,520 --> 00:43:52,160 Speaker 1: I'm sorry to tell you so. I mean there's a 785 00:43:52,280 --> 00:43:56,040 Speaker 1: real right wing contingent there. Yeah. So the Ate House 786 00:43:56,120 --> 00:44:00,520 Speaker 1: and State Senate are controlled by Democratic leadership, so there's 787 00:44:00,600 --> 00:44:03,719 Speaker 1: majority Democrats. But with that said, I will tell you, 788 00:44:03,840 --> 00:44:06,680 Speaker 1: if you could even believe it, my saddest day of 789 00:44:06,920 --> 00:44:10,560 Speaker 1: being an elected official was actually January of this year. 790 00:44:10,800 --> 00:44:15,920 Speaker 1: I was testifying in the Legislature and there were various 791 00:44:16,040 --> 00:44:18,759 Speaker 1: legislators in the committee that I was testifying in who 792 00:44:18,840 --> 00:44:23,920 Speaker 1: were straight election deniers. And seeing elected officials right in 793 00:44:24,040 --> 00:44:27,400 Speaker 1: front of you spew out these conspiracies. In a state 794 00:44:27,480 --> 00:44:32,920 Speaker 1: like Colorado, it's sad, not only because they're misleading or 795 00:44:33,040 --> 00:44:37,000 Speaker 1: trying to mislead their constituents and lying from a position 796 00:44:37,040 --> 00:44:40,560 Speaker 1: of power, but words have power. And I know that's 797 00:44:40,640 --> 00:44:44,719 Speaker 1: corny to say no, but it's true. These lies. They've 798 00:44:44,760 --> 00:44:47,520 Speaker 1: been cited violence. It's the reason that there was a 799 00:44:47,640 --> 00:44:51,440 Speaker 1: kidnapping attempt of the Michigan governor. It's the reason that 800 00:44:51,600 --> 00:44:55,440 Speaker 1: Paul Pelosi was attacked. It's the reason in December that 801 00:44:55,719 --> 00:44:59,640 Speaker 1: six elected officials. Houses in New Mexico were shot up, 802 00:45:00,120 --> 00:45:03,000 Speaker 1: So you know, we have to maintain our path on 803 00:45:03,320 --> 00:45:07,400 Speaker 1: pushing back on the disinformation with truth, on refuting the lies, 804 00:45:07,560 --> 00:45:10,280 Speaker 1: and that work isn't over either. Yeah, I think that's 805 00:45:11,120 --> 00:45:15,560 Speaker 1: so interesting. What about abortion access, I mean, I can't 806 00:45:15,600 --> 00:45:17,480 Speaker 1: believe I have to have this conversation with you, but 807 00:45:17,800 --> 00:45:20,880 Speaker 1: you are one of the few states in your area 808 00:45:21,160 --> 00:45:23,000 Speaker 1: that is I mean, there are a couple of states 809 00:45:23,040 --> 00:45:26,560 Speaker 1: in the West, but you are an abortion safe haven 810 00:45:26,800 --> 00:45:30,279 Speaker 1: for people who need treatment. Yes, the last time I 811 00:45:30,520 --> 00:45:34,040 Speaker 1: was on your podcast, I think was right after the 812 00:45:34,200 --> 00:45:38,719 Speaker 1: Job's decision, so that the gutting of Row, and it 813 00:45:38,960 --> 00:45:42,000 Speaker 1: was such a visceral shock, even though we, you know, 814 00:45:42,120 --> 00:45:45,120 Speaker 1: many of us suspected that it was coming. But to 815 00:45:45,239 --> 00:45:49,040 Speaker 1: have the Supreme Court literally decide that it would no 816 00:45:49,280 --> 00:45:52,800 Speaker 1: longer protect the full citizenship of women in this country. 817 00:45:53,080 --> 00:45:56,759 Speaker 1: But more than that, really dictate many women to death. 818 00:45:57,120 --> 00:46:01,120 Speaker 1: It is so outrageously shocking that I'm with you. I 819 00:46:01,200 --> 00:46:03,800 Speaker 1: can't even believe we have to have this conversation. But 820 00:46:03,960 --> 00:46:07,800 Speaker 1: luckily there are states like Colorado who are continuing to 821 00:46:08,120 --> 00:46:12,440 Speaker 1: protect women and provide services. Our state legislature did a 822 00:46:12,520 --> 00:46:16,280 Speaker 1: fabulous job last year of codifying the right to abortion 823 00:46:16,400 --> 00:46:19,400 Speaker 1: care the right to birth control in state law. I 824 00:46:19,520 --> 00:46:23,439 Speaker 1: think there will be more movement on protecting that work 825 00:46:23,480 --> 00:46:26,239 Speaker 1: in the state. But people are traveling from all over 826 00:46:26,320 --> 00:46:31,280 Speaker 1: the country and the wait time for abortion care has skyrocketed. 827 00:46:31,600 --> 00:46:35,840 Speaker 1: And if you can imagine, women are driving sometimes across 828 00:46:36,080 --> 00:46:40,040 Speaker 1: various states who want to have babies. They want to 829 00:46:40,280 --> 00:46:44,640 Speaker 1: have babies, and their pregnancy doesn't go right, and because 830 00:46:44,680 --> 00:46:47,200 Speaker 1: of it, they can their life is in danger and 831 00:46:47,360 --> 00:46:50,040 Speaker 1: they cannot get just the healthcare that they need in 832 00:46:50,080 --> 00:46:53,400 Speaker 1: their states. It's just horrible. Yeah, no, I mean I 833 00:46:53,600 --> 00:46:56,800 Speaker 1: remember being a new Maximan seeing these women sleeping in 834 00:46:56,880 --> 00:47:01,200 Speaker 1: their cars so that they can have abortions. And you know, 835 00:47:01,320 --> 00:47:05,000 Speaker 1: we're also seeing all of these women who have miscarriages 836 00:47:05,080 --> 00:47:08,279 Speaker 1: who can't then get treatment. Yeah, so there was I 837 00:47:08,440 --> 00:47:11,560 Speaker 1: heard from one of the providers a couple of months ago. 838 00:47:12,000 --> 00:47:13,960 Speaker 1: Is when they told me this. There was a woman 839 00:47:14,040 --> 00:47:17,160 Speaker 1: in Texas with her I think six year old son 840 00:47:17,320 --> 00:47:21,720 Speaker 1: and husband who had a natural miscarriage that was risking 841 00:47:21,760 --> 00:47:24,799 Speaker 1: her life. Her medical providers refused to help her. They 842 00:47:24,880 --> 00:47:28,439 Speaker 1: jumped in a car drove from Texas to Colorado. We're 843 00:47:28,480 --> 00:47:32,200 Speaker 1: sitting at the provider's office at six am in the morning, 844 00:47:32,960 --> 00:47:35,759 Speaker 1: and at any time she could have died on that drive. Yeah. 845 00:47:35,840 --> 00:47:39,880 Speaker 1: And can you imagine, like, if states supposedly care about 846 00:47:40,000 --> 00:47:43,319 Speaker 1: family values or the sanctity of life, that they are 847 00:47:43,760 --> 00:47:46,640 Speaker 1: telling this woman you may have to die in front 848 00:47:46,680 --> 00:47:49,320 Speaker 1: of your little son because we don't want to provide 849 00:47:49,360 --> 00:47:52,279 Speaker 1: you with healthcare. So I'm just so proud of the 850 00:47:52,360 --> 00:47:55,760 Speaker 1: state of Colorado and really honored to be a woman 851 00:47:55,800 --> 00:48:00,719 Speaker 1: and statewide elected office right now to fight for values. 852 00:48:01,080 --> 00:48:02,840 Speaker 1: And one of the things I did last year was 853 00:48:02,960 --> 00:48:05,200 Speaker 1: joined the governor of Colorado and saying we will not 854 00:48:05,400 --> 00:48:10,399 Speaker 1: extradite any person for the criminalization of abortion in another state. Yeah, 855 00:48:10,760 --> 00:48:13,840 Speaker 1: it's just unbelievable. I just can't wrap my head around it. 856 00:48:13,960 --> 00:48:16,160 Speaker 1: I mean I can, but I just, you know, the 857 00:48:16,280 --> 00:48:20,640 Speaker 1: hypocrisy is just incredible. I also wanted to ask you 858 00:48:20,920 --> 00:48:23,919 Speaker 1: what's next for you? You know, I think the next 859 00:48:24,000 --> 00:48:28,520 Speaker 1: two years are going to be difficult for secretaries of state. 860 00:48:29,200 --> 00:48:32,840 Speaker 1: We will beat the election denialism, I'm confident of that, 861 00:48:33,160 --> 00:48:36,759 Speaker 1: but it's not being so the presidential election. We have 862 00:48:37,480 --> 00:48:41,520 Speaker 1: a president who incited an insurrection, possibly tough of ticket, 863 00:48:41,880 --> 00:48:46,600 Speaker 1: if not election deniers very strong candidates on the Republican field. 864 00:48:47,040 --> 00:48:49,680 Speaker 1: So the next two years, I am going to continue 865 00:48:49,760 --> 00:48:53,200 Speaker 1: to strengthen our laws and address any situation leading up 866 00:48:53,239 --> 00:48:56,960 Speaker 1: to that general election for the president. So that is 867 00:48:57,000 --> 00:49:00,520 Speaker 1: our full focus, and I think we'll have great elections, 868 00:49:00,560 --> 00:49:02,759 Speaker 1: but they'll continue to be trying. So just going to 869 00:49:02,960 --> 00:49:06,080 Speaker 1: continue to do everything that we can, and I'm confident 870 00:49:06,160 --> 00:49:09,440 Speaker 1: the American people will again save democracy just like they 871 00:49:09,480 --> 00:49:11,920 Speaker 1: did in twenty twenty two, and I'll be fighting for 872 00:49:12,000 --> 00:49:16,080 Speaker 1: our rights right alongside with them. Oh, thank you so much. 873 00:49:16,320 --> 00:49:19,160 Speaker 1: I really appreciate having you and you making the time. 874 00:49:19,680 --> 00:49:23,080 Speaker 1: Of course, thank you for all your leadership and for 875 00:49:23,239 --> 00:49:32,680 Speaker 1: your fabulous fashion sense, which I always appreciate. Molly jun Fast, 876 00:49:33,120 --> 00:49:38,520 Speaker 1: Jesse Cannon. Marian Williamson run for president again, but I 877 00:49:38,840 --> 00:49:41,800 Speaker 1: feel like there's been some reporting about that she's not 878 00:49:41,960 --> 00:49:44,360 Speaker 1: the best person to have in office. I would like 879 00:49:44,520 --> 00:49:49,280 Speaker 1: to point out first that my relationship with Marian Williamson 880 00:49:49,440 --> 00:49:54,840 Speaker 1: is long varied and includes her complaining right, and includes 881 00:49:54,880 --> 00:49:58,640 Speaker 1: her dming my mother complaining about me. And so I 882 00:49:58,840 --> 00:50:03,399 Speaker 1: say this. We learned today from Politico, a political story 883 00:50:03,480 --> 00:50:08,279 Speaker 1: with twelve sources that very spiritual Mary Ann Williamson is 884 00:50:08,320 --> 00:50:11,839 Speaker 1: in fact a very bad boss. Again, being a bad 885 00:50:11,960 --> 00:50:15,800 Speaker 1: boss is complicated, and certainly there are a lot of 886 00:50:15,880 --> 00:50:18,920 Speaker 1: people who do not, who are quite tough on women, 887 00:50:19,120 --> 00:50:22,120 Speaker 1: especially women in power. But I think that when your 888 00:50:22,200 --> 00:50:24,840 Speaker 1: whole stick is built on the idea that you're so 889 00:50:25,040 --> 00:50:29,600 Speaker 1: spiritual and even handed and filled with love that the 890 00:50:29,719 --> 00:50:32,719 Speaker 1: fact that you throw your phone at people work for you, 891 00:50:33,640 --> 00:50:37,279 Speaker 1: it's probably not a great sign. And she gets our 892 00:50:37,360 --> 00:50:41,880 Speaker 1: moment of fuckery. That's it for this episode of Fast Politics. 893 00:50:42,320 --> 00:50:45,120 Speaker 1: Tune in every Monday, Wednesday and Friday to hear the 894 00:50:45,280 --> 00:50:48,560 Speaker 1: best minds in politics makes sense of all this chaos. 895 00:50:48,960 --> 00:50:51,520 Speaker 1: If you enjoyed what you've heard, please send it to 896 00:50:51,600 --> 00:50:54,960 Speaker 1: a friend and keep the conversation going. And again, thanks 897 00:50:55,000 --> 00:50:55,560 Speaker 1: for listening.