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Speaker 1: Hey guys, Saga and Crystal here.

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Speaker 2: Independent media just played a truly massive role in this election,

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Speaker 2: and we are so excited about what that means for

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Speaker 2: the future of the show.

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Speaker 3: This is the only place where you can find honest

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Speaker 3: perspectives from the left and the right that simply does

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Speaker 3: not exist anywhere else.

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Speaker 2: So if that is something that's important to you, please

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Speaker 2: go to Breakingpoints dot com. Become a member today and

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Speaker 2: you'll access to our full shows, unedited, ad free, and

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Speaker 2: all put together for you every morning in your inbox.

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Speaker 3: We need your help to build the future of independent

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Speaker 3: news media and we hope to see you at Breakingpoints

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Speaker 3: dot com. Good morning, everybody, Happy Thursday. We have an

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Speaker 3: amazing show for everybody today. What do we have, Crystal

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Speaker 3: and dat we do?

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Speaker 2: Washington just got very interesting whole showdown much Yeah, potential

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Speaker 2: government shutdown?

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Speaker 4: What is trump thing? A lot going on.

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Speaker 2: Justine's going to join us to break down all of

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Speaker 2: the madness and try to figure out where we are

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Speaker 2: and what might happen next to the best of any.

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Speaker 4: Of our ability. We also have an update.

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Speaker 2: So the House apparently secretly voted to release that Matt

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Speaker 2: Gates ethics report, so we've got Matt Gate's response, why

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Speaker 2: did they do it?

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Speaker 4: What do we expect to learn? Break all of that

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Speaker 4: down for you.

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Speaker 2: We also have a new healthcare whistleblower coming forward at

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Speaker 2: the same time that Kathy Hochel is setting up a

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Speaker 2: potential hotline for any CEOs who feel threatened out there,

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Speaker 2: so a lot of response there. We've got some new

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Speaker 2: details that have been revealed as part of a lawsuit

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Speaker 2: against a bunch of elite universities, including some Ivy League universities,

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Speaker 2: showing just how much preference they give to particularly wealthy

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Speaker 2: and well connected students. Some of these details are absolutely incredible.

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Speaker 2: We also have some of the first numbers post affirmative

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Speaker 2: action of minority enrollment how that's been impacted by the

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Speaker 2: Supreme Court ending affirmative action at these schools.

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Speaker 4: So that's interesting as well.

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Speaker 2: And we've got some interesting comments on the theovone podcast

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Speaker 2: from Timothy Shallomey about how Bernie Sanders is a folk hero.

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Speaker 4: Interesting moment there.

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Speaker 1: We'll talk about it.

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Speaker 3: Yeah, I listened to the hire thing the game day,

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Speaker 3: Shallow May.

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Speaker 1: That's not the real shame. I've discovered. I had no idea.

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Speaker 3: Shalla May is a full on theater kid from like

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Speaker 3: the Upper East Side or whatever in New York.

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Speaker 5: Oh.

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Speaker 4: Really, I don't know anything about him.

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Speaker 3: He was on college game day and he like had

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Speaker 3: By the way, I don't watch college football. All my

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Speaker 3: football friends are telling me. They're like, oh my god,

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Speaker 3: Scharlamy was amazing. He made all of these correct picks.

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Speaker 3: It's pretty clear somebody coached him about it, because then

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Speaker 3: when he was on theo Von, I was like, oh,

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Speaker 3: this kid is like a full on theater.

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Speaker 2: By the way, I had sports and theater soccer. Don't

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Speaker 2: him tread sales look shallow?

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Speaker 3: May I'm just saying, I'm pretty sure that you were

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Speaker 3: trained for that game day segment. And look, he's an

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Speaker 3: incredible actor. He's one of my favorite actors in the

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Speaker 3: up and coms, So.

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Speaker 4: He could pull it off if he was coached.

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Speaker 3: To absolutely no play the part, and in my opinion,

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Speaker 3: he was acting whenever he was on game day.

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Speaker 6: No.

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Speaker 3: I will say he's still an interesting guy. He's a

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Speaker 3: little lit, soft spoken and all that. But I didn't

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Speaker 3: know that much about him, about his background and everything.

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Speaker 3: And he's like, yeah, I went to Columbia and I

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Speaker 3: was a theater kid in New York and I was like, oh, okay,

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Speaker 3: that was interesting. Anyway, he is a better actor. He's

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Speaker 3: definitely who's that of the young guy who's coming up

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Speaker 3: right now? A lordie, He's a better actor than him.

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Speaker 1: For sure. Women would probably disagree with me.

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Speaker 3: But anyway, let's get to Jeff Stein and let's talk

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Speaker 3: about all of this government chef down situation. Joining us now,

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Speaker 3: Jeff Stein of the Washington Post, great friend of the show.

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Speaker 3: Good to see you, sir, Thanks for joining.

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Speaker 7: Us, Thanks for having me back on guys.

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Speaker 3: Absolutely all right, So Jeff's let's break some of this down. Man.

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Speaker 3: It's been a wild turn of events. First, there was

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Speaker 3: a Continuing Resolution that was a bipartisan deal that was negotiated.

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Speaker 3: Elon Musk takes to Twitter. He starts criticizing the deal,

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Speaker 3: so does a fake Ramaswami, jd Vance, Donald Trump all

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Speaker 3: start to jump in, and it appears that Elon's threat

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Speaker 3: to primary those House individuals who did vote for the

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Speaker 3: CR appears to have been at least contributed to its downfall.

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Speaker 3: That's what Fox News is reporting. At least, let's take

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Speaker 3: a listen to that. We'll get your reaction.

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Speaker 6: Tweets from Mosco and has that complicated this well.

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Speaker 7: I mean, I think that there's always a lot of.

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Speaker 8: Interest in what's happening up here, and.

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Speaker 1: This is more than interists. They're telling people if they

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Speaker 1: vote yes, they should be voted out.

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Speaker 7: In the social media world. Is a part of our politics,

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Speaker 7: and I think members have to expect that, and there'll

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Speaker 7: be a lot of part votes the next couple of years.

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Speaker 4: The fact is is that, look, this is a sandwich.

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Speaker 4: I don't know how to say that we're being forced

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Speaker 4: into this position. They could have done a standalone.

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Speaker 2: They did this because they knew that it would put

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Speaker 2: members in this position to support it.

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Speaker 4: We're damned if we do. We're damned if we don't.

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Speaker 6: Now, the bill has about one hundred billion dollars in

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Speaker 6: disaster relief, nearly thirty billion to restock FEMA's coffers, and

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Speaker 6: there are lots of healthcare provisions. Jamming everything together in

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Speaker 6: one bill means some Republicans will not support Mike Johnson

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Speaker 6: for Speaker in January.

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Speaker 8: Have any other of.

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Speaker 1: Your colleaguescept that they're not voting for Johnson in the express.

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Speaker 7: Yeah, I've talked to a few.

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Speaker 5: You know, if you don't seem like they're going to

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Speaker 5: vote for him, you have to ask them, I'm not

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Speaker 5: going to betray based position.

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Speaker 4: Well you just vote president, or will you vote someone

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Speaker 4: else's vote.

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Speaker 7: For somebody else?

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Speaker 3: So, Jeff, there's been a real they've roiled on Capitol Hill.

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Speaker 3: It's now Thursday morning, while we're all talking. The government

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Speaker 3: shuts down tomorrow at midnight. People thought that this deal

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Speaker 3: was done, it was dusted, it was sailing to a vote,

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Speaker 3: and yet now we're at a completely new reset.

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Speaker 1: So tell us what you know.

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Speaker 5: Elon Musk is quite possibly the most powerful person in Washington.

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Speaker 5: Donald Trump obviously is the source of his power, but

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Speaker 5: Trump has a million things going on in Musk seems

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Speaker 5: really dialed in on these kinds of spending fights and

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Speaker 5: has huge remit to sort of tell the Republican Party

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Speaker 5: what to do on behalf of Trump.

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Speaker 7: And you know, it's the money for sure.

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Speaker 5: I mean, as you were saying, Musk has been threatening

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Speaker 5: primary challenges against Republicans who are out of stack with

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Speaker 5: what he and Trump.

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Speaker 7: But I think it's it's more than that.

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Speaker 5: You know, when I talk to Republican lawmakers, they they

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Speaker 5: like the idea of being retweeted by Musk is as

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Speaker 5: silly as that might sound as a reason for how

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Speaker 5: to govern, they want to be in his sort of aura.

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Speaker 5: They feel that he has a sort of a popularity

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Speaker 5: and a vision that they want to be associated with.

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Speaker 5: Someone was like comparing it to high school to me,

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Speaker 5: where Musk is like the cool kid and people want

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Speaker 5: to be at his table, and no Republican wants to

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Speaker 5: stand out of that of that mix if you want

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Speaker 5: to have a political future. And it's more than just

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Speaker 5: than that too, I mean it's it's you know, Musk is.

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Speaker 7: Really sort of assuming control for the Trump administration coming

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Speaker 7: Trump administration.

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Speaker 5: Over spending in regulation, which is a huge thing. I

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Speaker 5: mean pretty much everything.

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Speaker 7: Yeah, pretty much everything exactly.

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Speaker 5: And for members, right, if you want you know, this project.

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Speaker 7: For your district and your constituents.

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Speaker 5: You kind of need Elon Musk at this point to

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Speaker 5: be on your side. So the stakes for them are

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Speaker 5: existential and go beyond even the fear of a Republican

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Speaker 5: primary challenge. And you know, did voters in November were

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Speaker 5: they upset about high grocery prices or did they want

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Speaker 5: the world's richest man to have discretion over the federal budget.

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Speaker 5: I mean that seems to be the question that you

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Speaker 5: know Democrats are trying to push this morning, but I

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Speaker 5: think it's a legitimate one.

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Speaker 3: Yeah, we have some of that A two please we

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Speaker 3: can put on the screen just to give a taste

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Speaker 3: of some of the democratic reactions. So initially you had

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Speaker 3: Elon saying that we should shut down the government until

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Speaker 3: January twentieth, that'd be approximately thirty three days.

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Speaker 1: We then got some more reactions.

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Speaker 3: If we continue here with some of these images showing you,

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Speaker 3: he says, any member of the House of the Senate

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Speaker 3: who votes for this outrageous spending bill deserves to be

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Speaker 3: voted out in two years. What's even more interesting, though, Jeff,

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Speaker 3: is the plot twist that then Donald Trump has added,

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Speaker 3: so can we put a three please up on the screen,

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Speaker 3: because this makes things even crazier.

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Speaker 1: And this is from JD.

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Speaker 3: Vance, which was tweeted out as a statement from President

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Speaker 3: elect Trump and Vice President Like Vance, they talk about

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Speaker 3: the most foolish, inept thing ever done by Congressional Republicans

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Speaker 3: was allowing our country to hit the debt ceiling in

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Speaker 3: twenty twenty five. It was a mistake and is now

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Speaker 3: something they must be addressed. Meanwhile, Congress is considering another

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Speaker 3: spending bill. The bill would make it easier to hide

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Speaker 3: the records of the January sixth Committe, which accomplished nothing.

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Speaker 3: The bill would give Congress a pay increase while Americans

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Speaker 3: are struggling this Christmas. Let's go to the next slide, please,

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Speaker 3: Because he says, increasing the debt ceiling is not great,

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Speaker 3: but we'd rather do it now on Biden's watch. So

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Speaker 3: he continues, He says, Republicans must get smart and tough.

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Speaker 3: If Democrats tarting to shut down the government unless we

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Speaker 3: give them everything they want, call their bluff. It is

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Speaker 3: Schumer and Biden who are holding up aid to our

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Speaker 3: farmers and disaster relief. So now I think we have

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Speaker 3: three separate that are going on. There's a fight over

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Speaker 3: the disaster relief, there's a fight over the ten billion

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Speaker 3: dollars to farmers, and now Donald Trump is saying, no, Republicans,

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Speaker 3: you don't even vote for quote unquote clean cr. First,

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Speaker 3: maybe explain what a clean cr is. You only do

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Speaker 3: it if we also attach a raise to the debt ceiling.

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Speaker 3: So that adds another layer of what must get done

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Speaker 3: in the next forty eight hours.

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Speaker 5: Yeah, I mean, we are facing a government shutdown. Musk

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Speaker 5: seems to not be that alarmed by the prospect. I mean,

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Speaker 5: the thing that I'm trying to figure out and calling sources,

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Speaker 5: you know, yesterday and today I can't really wrap my

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Speaker 5: head around, is why did Johnson not call Elon and

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Speaker 5: Trump and say, like, hey, man, like here's my plan.

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Speaker 5: Are you going to go nuclear on me in public

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Speaker 5: and like embarrass me and potentially cost my speaker shit?

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Speaker 5: And I want to be very careful about how I

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Speaker 5: phrased this because I don't have the like fully confirmed.

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Speaker 7: But the the.

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Speaker 5: Thing that lawmakers and aids on the Hill and some

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Speaker 5: people close to mar A Lago are telling me is

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Speaker 5: that Johnson thought, maybe incorrectly, but he thought that Trump

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Speaker 5: had his back.

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Speaker 7: Yes, as you were.

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Speaker 5: Saying, right, like the cr right is just the idea

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Speaker 5: that we will basically just extend funding for the government

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Speaker 5: without much attached.

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Speaker 7: And that's how you get this this idea.

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Speaker 5: Separately, you have this idea of an omnibus, which, like you,

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Speaker 5: include a lot of different spending changes to the law.

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Speaker 5: Now for Hill speak that nobody but like three nerds

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Speaker 5: of Washington should ever have to hear.

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Speaker 7: They're calling it a cromnibus.

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Speaker 5: Which is the CR plus an omnibus, so Johnson that

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Speaker 5: that sort of reflects what Johnson was trying to do

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Speaker 5: here because he knew he was going to lose a

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Speaker 5: lot of Republicans, you know, for to get this spending

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Speaker 5: bill done, he included a bunch of stuff that Democrats wanted.

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Speaker 7: And the but the fact that.

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Speaker 5: Nobody that Johnson was unable to have a conversation with

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Speaker 5: Elon have conversation with Trump, like what are they talking

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Speaker 5: about when they go to like the wrestling match and

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Speaker 5: like hang out.

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Speaker 3: You're exactly right, they were literally together explicable to me.

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Speaker 5: And the fact that Trump is just so willing to

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Speaker 5: say to Mike Johnson, who he's been photographed hanging out

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Speaker 5: with all the time, like no, like you eat shit now, dude,

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Speaker 5: Like that's you're you're in your on your own is

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Speaker 5: kind of red taking me. I Mean, it either suggests

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Speaker 5: that Trump is just willing to like screw this guy

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Speaker 5: who's been one of his most sward allies, or that

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Speaker 5: Johnson is a spectacular spectacularly inapt house speaker who could

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Speaker 5: not foresee the most obvious outcome from a mile away.

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Speaker 5: I mean, I've been hearing from Trump people who wanted

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Speaker 5: to kill this deal for a long time and thought

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Speaker 5: that they could get you on board. Even the defense

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Speaker 5: bill they passed, you know, a roughly one trillion dollar

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Speaker 5: annual defense bill which I think you guys covered ten

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Speaker 5: trillion dollars in defense spending over the next decade, which

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Speaker 5: Emil has talked about the DoD budget being too big.

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Speaker 5: And you know this whole time I was watching that fight,

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Speaker 5: I was like, where is Elon right? Because he could

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Speaker 5: have done to that bill what he did to this bill.

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Speaker 5: It seems like maybe he just like wasn't paying attention

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Speaker 5: enough to do that. But whatever the case, I mean,

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Speaker 5: this is you know, it suggests that we're going to

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Speaker 5: be in for a very complicated few years if the

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Speaker 5: coordination problems this early between Republican leadership and mar A

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Speaker 5: Lago are are this.

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Speaker 2: Bad and some real power struggles ultimately between the richest

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Speaker 2: man on the planet, who has his own base of

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Speaker 2: support and plenty of wealth to throw around in terms

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Speaker 2: of primary challenges, et cetera, and who controls Twitter, you know,

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Speaker 2: controls this huge social media platform and can use it

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Speaker 2: to push whatever message he wants to push, which you

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Speaker 2: know has been in recent months the same message that

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Speaker 2: Trump wants to push, but it really does set up

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Speaker 2: this titanic clash of two power centers between Donald Trump

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Speaker 2: and Elon Musk.

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Speaker 4: Let's put a four up on the screen.

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Speaker 2: We have some commentary from Trump specifically which I want

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Speaker 2: to get you to weigh in on what I just

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Speaker 2: said about the power centers. But also I want to

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Speaker 2: understand more why Trump is focused on the debt limit

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Speaker 2: at this time as well. So this is from truth social.

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Speaker 2: He says, if Republicans try to pass a clean continuing

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Speaker 2: resolution without all of the Democrat bells and whistles, that

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Speaker 2: will be so destructive to our country. All it will

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Speaker 2: do after January twenty is bring the mess of the

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Speaker 2: debt limit into the Trump administration rather that allowing it

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Speaker 2: to take place in the Biden administration. Any Republican that

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Speaker 2: would be so stupid as to do this should and

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Speaker 2: will be primaried. Everything should be done in fully negotiate

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Speaker 2: part of my taking office on January twenty, twenty twenty five.

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Speaker 2: I mean, this is deeply confusing to me because it

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Speaker 2: seems like he's almost advocating for the cr that Elon

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Speaker 2: just completely tanked. And obviously this piece about the debt life.

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Speaker 2: It is very important to him. He keeps bringing it up.

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Speaker 2: So why is that so significant? What do you make

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Speaker 2: of this whatever Donald Trump is trying to say here?

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Speaker 5: Yeah, I mean I think what Trump is saying, right, Obviously,

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Speaker 5: there's not to get too into Washington speak, but there's

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Speaker 5: like two key things, as you guys understand, right, there's

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Speaker 5: the funding of the federal government all the government services.

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Speaker 5: And then there's a separate question about the US borrowing limit,

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Speaker 5: which is the debt ceiling, which basically stipulates that, you know,

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Speaker 5: the government can only borrow up to I don't know

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Speaker 5: exactly what it is now, but let's say like thirty

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Speaker 5: seven trillion dollars, and beyond that it becomes illegal for

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Speaker 5: the government to do that, which means that we become

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Speaker 5: very quickly in the fault of our obligations, which could

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Speaker 5: cause a global financial crisis. Trump is saying, like, let's

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Speaker 5: let's make sure that that bomb, that second bomb, is

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Speaker 5: not on the table, Like, I don't want to have

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Speaker 5: to deal with this at all during my administration. I

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Speaker 5: think he knows that if they don't deal with it now,

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Speaker 5: he's going to have to figure out either a how

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Speaker 5: to deal with Themocrats, to give Democrats concessions to prevent

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Speaker 5: the global economy from blowing up under his watch, or

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Speaker 5: be he's going to have to keep every Republican on

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Speaker 5: board for a debt sealing increase, which is going to

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Speaker 5: be really, really hard. So I think it makes sense

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Speaker 5: that Trump is like, let's just clear the debts on

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Speaker 5: this right now. And I've actually I spoke to Democratic

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Speaker 5: Senator Brian Chatz later this week. He was saying, like,

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Speaker 5: I would love if Trump did this, because we think

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Speaker 5: that this is a huge problem to him. We want

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Speaker 5: to be done with it. I think the thing that

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Speaker 5: I find most inexplicable about this, or like haven't really

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Speaker 5: wrapped my head around, is like the.

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Speaker 7: Timing is bizarre.

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Speaker 5: Like Trump was elected over a month ago, and we've

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Speaker 5: known that the debt sealing is going to be an

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Speaker 5: issue this spring for two years. And if Trump had

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Speaker 5: said to Mike Johnson, this goes back to sort of

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Speaker 5: my point about the baffling like miscommunication here. If Trump

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Speaker 5: had just said to Johnson, like put this in the

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Speaker 5: CR I don't want to deal with the debt limit.

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Speaker 5: We I mean, maybe he did privately, and I just

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Speaker 5: don't have the reporting chops to like figure that out.

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Speaker 5: But like my sense is that this is a new

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Speaker 5: app that Trump is now putting out there, and it

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Speaker 5: reflects I think. I mean, I spoke to someone who's

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Speaker 5: at mar A Lago yesterday who was saying that, like,

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Speaker 5: you guys in the media and you guys in the hill,

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Speaker 5: like you don't understand like Trump is like feeling himself,

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Speaker 5: like he is so confident he thinks of as this

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Speaker 5: guy referred to Trump as like feeling like he's Charlemagne,

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Speaker 5: where he's just like this like globe striding, colossal figure,

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Speaker 5: like which I mean historically, like he might be remembered

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Speaker 5: as as a quite a significant president.

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Speaker 7: So he's just like the.

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Speaker 5: Cr and the Omnibus and like this is like peasant stuff,

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Speaker 5: Like I don't want to be like sucked into this

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Speaker 5: boring mess. So like and I get where he's like

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Speaker 5: Trump won twice, Like he's just like I don't need

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Speaker 5: to spend my days appeasing people in Washington and dealing

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Speaker 5: with this like mechanical stuff.

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Speaker 7: But it also is like a.

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Speaker 5: Huge problem for the function of the federal government if

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Speaker 5: he's just going to like barely pay attention in the

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Speaker 5: last minute, like throw out complicated, contradicting to.

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Speaker 1: Nan, Yeah, here's my theory of what happened.

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Speaker 3: So I see this Morning playbook is reporting, and it

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Speaker 3: kind of fits with some of.

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Speaker 1: The people I spoke to yesterday.

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Speaker 3: They're like, Trump, this wasn't on his radar basically at all.

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Speaker 3: He didn't particularly care. Elon basically decides to pick a

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Speaker 3: fight him and vivek On Doge on the CR.

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Speaker 1: Trump wakes up to it.

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Speaker 3: He gets kind of backed into a corner because enough

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Speaker 3: people have now come out against the CR that it's

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Speaker 3: not going to pass no matter what in terms of Republicans,

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Speaker 3: including people like John Cornyn. Right, somebody incentive leadership. So

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Speaker 3: then Trump is like, okay, well we got to do

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Speaker 3: something new. Then a legislative aid down in mar A

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Speaker 3: Lago says, by the way, mister President elect, you may

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Speaker 3: not know this, but the debt ceiling is up in June.

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Speaker 3: Trump hates a debt ceiling, doesn't want to deal with it.

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Speaker 3: He especially doesn't want to deal with these Freedom Caucus guys.

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Speaker 3: So he's like, okay, let's get a dust now to

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Speaker 3: be able to do exactly an he's his tax cut,

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Speaker 3: so he sees this and he's like, we need to

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Speaker 3: get this shit done. We can't deal with this during reconciliation,

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Speaker 3: and so he puts it in right now. As you said,

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Speaker 3: you know, very very little has changed, Jeff in the

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Speaker 3: last four years. I was definitely assured of more streamlined

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Speaker 3: processes and others. But I'm getting a lot of rhymes.

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Speaker 3: It hasn't been that long ago since I'd deal with this.

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Speaker 5: I do think one thing you put your finger on

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Speaker 5: there that I think is really interesting is the idea

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Speaker 5: that you know, Musk is operating as an independent power center.

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Speaker 5: He yes, that's kind of what that if that is true,

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Speaker 5: that suggests that must power doesn't just derive from Trump

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Speaker 5: and this notion that these are co presidents and that

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Speaker 5: Musk is like actually calling the shots here.

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Speaker 7: I don't know.

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Speaker 3: That's kind of what it sounds like to me, right, like, yeah, no, no, no,

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Speaker 3: you are right, that's that's correct. I don't think that

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Speaker 3: the So from what I've been able to tell it

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Speaker 3: definitely the Elon tweets, but especially the Vivak stuff attacking

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Speaker 3: this that's totally independent, that was never signed off on.

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Speaker 1: Remember, a lot of these folks.

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Speaker 3: Are not even in the same room Trump is down

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Speaker 3: in mar A Lago. Elon is wherever somewhere in the

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Speaker 3: globe every once in a while, pops up in the UK,

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Speaker 3: San Francisco, et cetera. Vivac is here in Washington. None

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Speaker 3: of these people are necessarily coordinating. Allegedly, there is a

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Speaker 3: group chat with Mike Johnson, Vivek, and Elon in it.

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Speaker 3: Somebody never raised the CR apparently in said group chat.

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Speaker 1: And so I think it's a very real chance of

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Speaker 1: a shutdown here. What do you think?

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Speaker 7: I mean?

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Speaker 5: I think it's it's I'm ambivalent a little bit about

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Speaker 5: sort of the substantive complaint being made here, because I

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Speaker 5: do I do think you talked to you know, average people,

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Speaker 5: and it's like members of Congress can't read the bill.

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Speaker 7: Before they vote on it.

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Speaker 5: It's like seventeen hundred pages and nobody knows what's in

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Speaker 5: it before they are expected to support it. It's full

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Speaker 5: of things that have nothing to do with keeping the

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Speaker 5: government open, like those are you know, to be fair,

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Speaker 5: I guess to Musk and Ramaswami like that, that is

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Speaker 5: a thing that I think strikes people as a broken process,

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Speaker 5: and they're saying like it is time to and that

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Speaker 5: broken process at the same time, I mean, there over

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Speaker 5: a million government workers who are now at risk of

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Speaker 5: having their Christmases and their families Christmas is completely ruined,

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Speaker 5: not to mention all the private sector workers who depend

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Speaker 5: on it.

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Speaker 7: And also the things that.

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Speaker 5: Are in here that are objectionable include disaster aide and

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Speaker 5: farm made that a lot of people think is important.

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Speaker 5: And Musk circulated claims last night about the bill that

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Speaker 5: are just patently false. I mean, he said, you know,

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Speaker 5: society a report that was saying that the bill includes

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Speaker 5: three billion dollars for the new Commanders Stadium in Washington,

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Speaker 5: d C.

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Speaker 7: This which is not true.

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Speaker 5: He said that he circulated report saying that the bill

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Speaker 5: has sixty billion dollars for Ukraine, like not true. So

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Speaker 5: you know, I hear where they're coming from. But if

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Speaker 5: every bit of government legislation is at risk of being

440
00:21:01,040 --> 00:21:04,600
Speaker 5: mischaracterized as it has by Musk and Ramaswami as I

441
00:21:04,600 --> 00:21:07,720
Speaker 5: think they did, and maybe not rama Swami, but must

442
00:21:07,720 --> 00:21:09,960
Speaker 5: did at least in this instance, it's going to be

443
00:21:10,040 --> 00:21:13,040
Speaker 5: hard to pass anything of substance in the next four years.

444
00:21:15,440 --> 00:21:18,200
Speaker 2: It seems to me like perhaps the miscalculation that Johnson

445
00:21:18,240 --> 00:21:21,920
Speaker 2: made is that he correctly perceived that Trump more or

446
00:21:22,000 --> 00:21:24,520
Speaker 2: less didn't care and had given him sort of free

447
00:21:24,600 --> 00:21:27,640
Speaker 2: ring to negotiate what he needs to negotiate. He has

448
00:21:27,680 --> 00:21:29,560
Speaker 2: a very narrow margin in the House in terms of

449
00:21:29,560 --> 00:21:31,440
Speaker 2: House Republicans, knew he was going to have to rely

450
00:21:31,560 --> 00:21:34,280
Speaker 2: on some Democrats. Obviously, Democrats also still control the Senate.

451
00:21:34,680 --> 00:21:37,159
Speaker 2: So he struck the deal he needed to strike in

452
00:21:37,240 --> 00:21:40,160
Speaker 2: order to you know, clear the deck in his language,

453
00:21:40,400 --> 00:21:42,520
Speaker 2: get this taken care of, get the debt limit taken

454
00:21:42,560 --> 00:21:45,280
Speaker 2: care of, and you know, live to fight another day

455
00:21:45,359 --> 00:21:49,160
Speaker 2: and start fresh in the Trump administration. And the miscalculation

456
00:21:49,320 --> 00:21:51,720
Speaker 2: was really not realizing you do kind of have this

457
00:21:51,800 --> 00:21:55,200
Speaker 2: co president situation. So it's not enough to have Donald

458
00:21:55,200 --> 00:21:57,200
Speaker 2: Trump's buy in. It's not enough for Donald Trump to

459
00:21:57,240 --> 00:22:00,000
Speaker 2: be like, sure, whatever, go negotiate whatever you want to negotiate,

460
00:22:00,359 --> 00:22:01,919
Speaker 2: and just make sure that I can come in with

461
00:22:01,960 --> 00:22:04,320
Speaker 2: the government funded and with the debt limit out of

462
00:22:04,359 --> 00:22:07,439
Speaker 2: the way. He didn't realize, guess what, you need to

463
00:22:07,440 --> 00:22:09,399
Speaker 2: also make sure that Elon's going to be cool with this.

464
00:22:09,680 --> 00:22:13,360
Speaker 2: And that seems to me like where the real failure

465
00:22:13,359 --> 00:22:15,960
Speaker 2: and miscalculation here was for Mike Johnson.

466
00:22:17,040 --> 00:22:19,240
Speaker 5: I think that's well put and I think, I mean,

467
00:22:19,240 --> 00:22:21,600
Speaker 5: based on what I'm hearing this morning and.

468
00:22:21,600 --> 00:22:24,800
Speaker 7: Last night, like Johnson could very well be toast.

469
00:22:24,880 --> 00:22:26,280
Speaker 4: I mean, it seems like it.

470
00:22:26,520 --> 00:22:30,640
Speaker 5: I agree, he seems like his days are numbered.

471
00:22:31,560 --> 00:22:32,800
Speaker 4: But who would replace him?

472
00:22:32,800 --> 00:22:36,960
Speaker 2: As always the question, you know, like who can pull

473
00:22:36,960 --> 00:22:40,159
Speaker 2: this caucausy, who does have the support of the full caucus?

474
00:22:40,200 --> 00:22:42,600
Speaker 2: And what are the demands on the future you know,

475
00:22:42,680 --> 00:22:44,400
Speaker 2: potential speaker are going to look like as well.

476
00:22:45,200 --> 00:22:47,679
Speaker 5: Yeah, it seems like Trump alone could save him at

477
00:22:47,720 --> 00:22:49,240
Speaker 5: this point.

478
00:22:50,280 --> 00:22:52,560
Speaker 7: I get tom Ember is the name that comes up

479
00:22:52,600 --> 00:22:53,000
Speaker 7: a lot.

480
00:22:54,160 --> 00:22:55,480
Speaker 5: I know, you know, you don't have to be a

481
00:22:55,480 --> 00:22:58,080
Speaker 5: member of the House to be speaker, so kind of

482
00:22:58,119 --> 00:22:59,200
Speaker 5: opens up the possibilities.

483
00:22:59,280 --> 00:23:01,920
Speaker 3: Rand Paul just today we're about to cover it, said

484
00:23:02,000 --> 00:23:03,960
Speaker 3: why not just make Elon speaker of the House.

485
00:23:04,320 --> 00:23:07,960
Speaker 1: Maybe it'd be easier. Actually yeah, yeah.

486
00:23:07,800 --> 00:23:09,600
Speaker 7: I mean if he's I mean he basically is.

487
00:23:10,600 --> 00:23:13,199
Speaker 2: Yeah, well, if he was, he would be probably like

488
00:23:13,240 --> 00:23:15,760
Speaker 2: the most powerful speaker in history in a certain sense.

489
00:23:15,800 --> 00:23:18,280
Speaker 2: I mean, outside of the fact that the margin would

490
00:23:18,280 --> 00:23:20,040
Speaker 2: be so narrow. How many seat margin do they have

491
00:23:20,119 --> 00:23:23,879
Speaker 2: now coming into this too next session, especially with Trump

492
00:23:23,880 --> 00:23:26,560
Speaker 2: pulled a few out of the House for his administration,

493
00:23:26,680 --> 00:23:28,520
Speaker 2: Matt Gate's resigning, so will take a while to fill

494
00:23:28,520 --> 00:23:29,240
Speaker 2: that seat, et cetera.

495
00:23:29,359 --> 00:23:30,919
Speaker 4: So it's extremely narrow.

496
00:23:31,080 --> 00:23:34,600
Speaker 2: But I think when Elon says jumped the Republican caucuses,

497
00:23:34,640 --> 00:23:39,000
Speaker 2: pretty clear says how high?

498
00:23:39,080 --> 00:23:41,040
Speaker 7: Yeah, yeah, absolutely, Yeah.

499
00:23:41,119 --> 00:23:44,080
Speaker 5: It seems like like the question I've had for the

500
00:23:44,160 --> 00:23:46,440
Speaker 5: last year is, you know, over the last few months,

501
00:23:46,440 --> 00:23:50,639
Speaker 5: I guess is you know, there are so many Republicans

502
00:23:50,800 --> 00:23:54,080
Speaker 5: who resist some of the ambitious goals that Musk and

503
00:23:54,160 --> 00:23:57,399
Speaker 5: Ronoswallomy have set out. Two trillion dollars in spending cuts,

504
00:23:57,680 --> 00:24:01,960
Speaker 5: revamping the DoD, you know, cutting pork barrel, spending out

505
00:24:02,000 --> 00:24:06,359
Speaker 5: for this or that district. The list goes on and on,

506
00:24:06,359 --> 00:24:08,520
Speaker 5: all these regulations that they want to cut, and then

507
00:24:08,520 --> 00:24:10,760
Speaker 5: there's sort of like the it's not really my lane,

508
00:24:10,800 --> 00:24:14,760
Speaker 5: but sort of you know, Patel and you know what

509
00:24:15,080 --> 00:24:18,600
Speaker 5: Trump does with the DOJ and you know what he

510
00:24:18,600 --> 00:24:22,359
Speaker 5: does with the IRS, which you know, those are all questions.

511
00:24:22,680 --> 00:24:25,000
Speaker 7: But this is I think I think it's fair to

512
00:24:25,000 --> 00:24:25,480
Speaker 7: say this is.

513
00:24:25,440 --> 00:24:29,600
Speaker 5: The first sustained barrage of by.

514
00:24:29,520 --> 00:24:32,159
Speaker 7: Musk, his first real sort of flex, his first.

515
00:24:31,920 --> 00:24:36,239
Speaker 5: Test of can you get congressional Republicans to sort of

516
00:24:36,320 --> 00:24:39,879
Speaker 5: listen to you, and it's not entirely Musk. Obviously, like

517
00:24:40,440 --> 00:24:42,720
Speaker 5: conservatives in the House have been a problem for leaderships

518
00:24:42,720 --> 00:24:44,560
Speaker 5: for like over a decade now. So I don't want

519
00:24:44,560 --> 00:24:48,280
Speaker 5: to like say it's it's purely like sweet generous from Musk.

520
00:24:49,800 --> 00:24:53,880
Speaker 5: But I think by any standard, the test we saw,

521
00:24:54,160 --> 00:24:56,359
Speaker 5: really the first test, which we'll set the course of

522
00:24:56,400 --> 00:25:01,240
Speaker 5: the next few years, suggest that Musk is in charge

523
00:25:01,240 --> 00:25:04,440
Speaker 5: and that there is no willingness in the Republican Party

524
00:25:04,480 --> 00:25:07,639
Speaker 5: and ability I'm repeating myself here, but to stand up

525
00:25:07,640 --> 00:25:09,680
Speaker 5: to him and to stand out and put your head

526
00:25:09,680 --> 00:25:10,359
Speaker 5: above the sand.

527
00:25:10,560 --> 00:25:11,600
Speaker 4: Yeah, Jeff.

528
00:25:11,640 --> 00:25:15,679
Speaker 2: My last question for you is, you know, Elon is

529
00:25:15,760 --> 00:25:19,400
Speaker 2: like a fan of Hoavier Malay and sort of anarcho capitalists.

530
00:25:19,560 --> 00:25:24,159
Speaker 2: He's this very you know, somewhat doctionnaire libertarian outside of

531
00:25:24,200 --> 00:25:28,840
Speaker 2: where he wants his own government goodies, etc. His ideology

532
00:25:28,920 --> 00:25:31,320
Speaker 2: is not the same as what Trump has articulated to

533
00:25:31,440 --> 00:25:33,520
Speaker 2: the country. I mean, Trump has never been like an

534
00:25:33,560 --> 00:25:37,080
Speaker 2: austerity Paul Ryan Republican. One of the reasons he's been

535
00:25:37,119 --> 00:25:40,159
Speaker 2: so successful, for example, is pledging I'm not going to

536
00:25:40,240 --> 00:25:43,720
Speaker 2: touch social Security and medicare. Elon Musk would love to

537
00:25:43,840 --> 00:25:47,400
Speaker 2: cut social Security and medicare. Probably the most clear cut

538
00:25:47,440 --> 00:25:50,280
Speaker 2: example of where there's a real divergence is Trump has

539
00:25:50,320 --> 00:25:52,960
Speaker 2: been pretty consistently in favor of, you know, a very

540
00:25:53,040 --> 00:25:57,359
Speaker 2: aggressive regime of tariffs. Meanwhile, Elon was out tweeting praise

541
00:25:57,480 --> 00:25:59,760
Speaker 2: for Hobvier Malay rolling back.

542
00:25:59,680 --> 00:26:02,320
Speaker 4: Terror in his home country.

543
00:26:02,520 --> 00:26:05,760
Speaker 2: So help people to understand, it's always tricky with Trump

544
00:26:05,800 --> 00:26:08,800
Speaker 2: talking ideology because he doesn't have that firm of an ideology.

545
00:26:08,880 --> 00:26:11,679
Speaker 2: I think Elon is a much more ideological actually figure.

546
00:26:12,280 --> 00:26:16,280
Speaker 2: Where are some of the frictions between Elon's ideology and

547
00:26:16,600 --> 00:26:19,720
Speaker 2: at least what Trump has articulated his ideology to be

548
00:26:19,840 --> 00:26:20,720
Speaker 2: to the American public.

549
00:26:22,480 --> 00:26:24,560
Speaker 5: I think that is one of the most important questions

550
00:26:24,680 --> 00:26:27,000
Speaker 5: that we're going to see play out over the next

551
00:26:27,040 --> 00:26:30,760
Speaker 5: few years. As you're say in Crystal, you know, Trump

552
00:26:31,480 --> 00:26:35,840
Speaker 5: has rose to power in twenty sixteen explicitly saying that

553
00:26:35,960 --> 00:26:39,320
Speaker 5: he would not touch Social Security, Medicare, or Medicaid, arguably

554
00:26:39,359 --> 00:26:41,920
Speaker 5: the three most important programs in the federal budget provide

555
00:26:41,960 --> 00:26:44,800
Speaker 5: healthcare and pensions for tens of millions seniors and.

556
00:26:44,800 --> 00:26:47,119
Speaker 7: Other poor people and other people in this country.

557
00:26:48,240 --> 00:26:52,760
Speaker 5: Now, I think in his second term, I'll me choose

558
00:26:52,800 --> 00:26:56,800
Speaker 5: my words carefully here, I get the sense that Trump

559
00:26:57,320 --> 00:27:02,040
Speaker 5: is softening on that a little bit. And what I

560
00:27:02,119 --> 00:27:05,600
Speaker 5: mean by that is Trump has always said that he

561
00:27:05,800 --> 00:27:10,800
Speaker 5: stands for eliminating waste and fraud and abuse in say Medicare,

562
00:27:11,320 --> 00:27:14,840
Speaker 5: social Security, Medicaid. It's really though, of those three, I mean,

563
00:27:14,920 --> 00:27:17,280
Speaker 5: Medicare is kind of the crucial, and there's there's so

564
00:27:17,480 --> 00:27:20,720
Speaker 5: little waste in Social Security because you know, you're just

565
00:27:20,800 --> 00:27:26,240
Speaker 5: sending checks to people for their retirement, very straightforward. Medicare, though,

566
00:27:26,400 --> 00:27:32,440
Speaker 5: is complicated, and there are things in Medicare that people

567
00:27:32,520 --> 00:27:35,399
Speaker 5: that I do not think are sort of out to

568
00:27:36,320 --> 00:27:42,760
Speaker 5: hurt Grandma, that can be sort of revamped or changed,

569
00:27:42,880 --> 00:27:46,359
Speaker 5: or that there can be cost savings. I think what

570
00:27:46,880 --> 00:27:49,000
Speaker 5: Trump seems to be suggesting to want to do to me,

571
00:27:49,080 --> 00:27:52,439
Speaker 5: which I think is an interesting shift from his first term,

572
00:27:52,520 --> 00:27:54,960
Speaker 5: and as you're suggesting, puts him more in line with

573
00:27:55,080 --> 00:28:01,119
Speaker 5: Malay and and Musk, is to say, actually, I'm going

574
00:28:01,200 --> 00:28:05,440
Speaker 5: to propose changes or cuts to Medicare.

575
00:28:05,640 --> 00:28:10,280
Speaker 7: But I will insist that this is just waste, and any.

576
00:28:11,000 --> 00:28:13,800
Speaker 5: Dorky Washington Post reporter that suggests that this is washing,

577
00:28:13,920 --> 00:28:16,760
Speaker 5: that this is Medicare cuts, I'm just gonna yell at

578
00:28:16,840 --> 00:28:18,840
Speaker 5: and be like you are lying about what I'm doing.

579
00:28:19,160 --> 00:28:22,959
Speaker 5: I'm just doing reforms to Medicare that aren't touching the program.

580
00:28:23,320 --> 00:28:27,240
Speaker 5: And adjudicating the question of if that's a cut, if

581
00:28:27,280 --> 00:28:33,560
Speaker 5: that's slashing Medicare is a sort of epistemological like metaphysical

582
00:28:33,680 --> 00:28:38,000
Speaker 5: question that it's hard to get like a very straightforward

583
00:28:38,040 --> 00:28:41,560
Speaker 5: answer to, because legitimate people can have legitimate in different

584
00:28:41,680 --> 00:28:45,400
Speaker 5: different interpretations of what that means. But but some of

585
00:28:45,440 --> 00:28:47,280
Speaker 5: those I mean, we'll have to see what he actually does.

586
00:28:47,720 --> 00:28:51,320
Speaker 5: Some of those programs could, if cut, could lead to,

587
00:28:52,120 --> 00:28:56,200
Speaker 5: you know, to less care for seniors. At the same time,

588
00:28:57,240 --> 00:28:59,240
Speaker 5: there is waste in Medicare, and some of the things

589
00:28:59,360 --> 00:29:01,800
Speaker 5: necessary to do that could just look like waste to

590
00:29:02,440 --> 00:29:05,240
Speaker 5: I think a good faith person trying to reduce the

591
00:29:05,280 --> 00:29:09,240
Speaker 5: federal budget, which is a complicated and nuanced picture and

592
00:29:09,360 --> 00:29:11,160
Speaker 5: one that I think will be impossible to write in

593
00:29:11,240 --> 00:29:13,160
Speaker 5: a story without like millions of people being like, you're

594
00:29:13,160 --> 00:29:15,000
Speaker 5: an idiot who is mischaracterizing things.

595
00:29:15,080 --> 00:29:17,680
Speaker 7: But I think that is sort of a dynamic that's

596
00:29:17,720 --> 00:29:18,160
Speaker 7: shaping up.

597
00:29:18,280 --> 00:29:21,560
Speaker 3: Welcome to our lives there, Jeff. All right, man, we

598
00:29:21,640 --> 00:29:22,520
Speaker 3: appreciate you joining us.

599
00:29:22,520 --> 00:29:22,720
Speaker 1: Thank you.

600
00:29:22,840 --> 00:29:23,320
Speaker 4: Great to see you.

601
00:29:24,520 --> 00:29:25,000
Speaker 7: I guess.

602
00:29:27,800 --> 00:29:30,720
Speaker 3: At the same time, Democrats are seizing upon all of this,

603
00:29:30,920 --> 00:29:32,920
Speaker 3: and they have one goal. They want to drive a

604
00:29:33,000 --> 00:29:36,880
Speaker 3: wedge between Elon and between Donald Trump. They have now

605
00:29:37,000 --> 00:29:39,960
Speaker 3: taken to the moniker President Musk. You saw the debut

606
00:29:40,040 --> 00:29:42,480
Speaker 3: of this on CNN last night. Let's take a listen.

607
00:29:42,720 --> 00:29:45,760
Speaker 8: President Musk this morning made it clear, with all his

608
00:29:46,000 --> 00:29:48,920
Speaker 8: vast government experience, which is basically he became rich on

609
00:29:49,000 --> 00:29:52,360
Speaker 8: the federal government, that he doesn't want Republicans to pass this,

610
00:29:52,520 --> 00:29:56,160
Speaker 8: and seemingly Vice President Trump kind of backed him up

611
00:29:56,240 --> 00:29:58,000
Speaker 8: then at that point. And what it says about the

612
00:29:58,080 --> 00:30:01,080
Speaker 8: politics is this is going to be a see four years,

613
00:30:01,400 --> 00:30:04,200
Speaker 8: the whole debt ceiling thing. Donald Trump is making it

614
00:30:04,320 --> 00:30:06,480
Speaker 8: clear that he wants the debt ceiling to go up.

615
00:30:06,520 --> 00:30:07,840
Speaker 8: By the way, the debt ceiling is going to have

616
00:30:07,920 --> 00:30:09,800
Speaker 8: to go up, but he doesn't want to have to

617
00:30:09,840 --> 00:30:12,480
Speaker 8: take ownership for it because he will again for four

618
00:30:12,560 --> 00:30:15,480
Speaker 8: years look at the Democrats and blame them. And so

619
00:30:15,640 --> 00:30:17,680
Speaker 8: what this says about the politics is good luck for

620
00:30:17,720 --> 00:30:19,760
Speaker 8: the next four years. I don't think they'll shut the

621
00:30:19,840 --> 00:30:22,720
Speaker 8: government down because ultimately they'll want to get home for Christmas.

622
00:30:22,960 --> 00:30:25,360
Speaker 8: They'll do like a one month s R. Pretending like

623
00:30:25,480 --> 00:30:28,360
Speaker 8: that's going to fix everything. But yeah, I mean, I

624
00:30:28,400 --> 00:30:31,040
Speaker 8: think President Elon has made it clear what his agenda's

625
00:30:31,040 --> 00:30:32,280
Speaker 8: going to be for the next four years.

626
00:30:32,480 --> 00:30:36,360
Speaker 3: All Right, So that was Adam Kinsser, Democrat, now hilarious.

627
00:30:35,960 --> 00:30:38,840
Speaker 2: But former Republican member of Congress gets familiar with him.

628
00:30:38,960 --> 00:30:40,920
Speaker 2: January sixth Committee Anti Trump et.

629
00:30:40,880 --> 00:30:44,160
Speaker 1: Cetera pro Ukraine. Basically the congressman from the Ukraine lost. Anyway,

630
00:30:44,200 --> 00:30:44,800
Speaker 1: we can continue.

631
00:30:45,240 --> 00:30:47,160
Speaker 3: The point is is that that is now a very

632
00:30:47,240 --> 00:30:50,840
Speaker 3: popular moniker. The Democrats are going with Bernie Sanders, including

633
00:30:50,920 --> 00:30:53,720
Speaker 3: let's put this up there on the screen. Democrats and

634
00:30:53,800 --> 00:30:56,920
Speaker 3: Republicans spent months negotiating a bipartisan agreement to fund our

635
00:30:56,960 --> 00:31:00,480
Speaker 3: government the richest man on earth. President Elon Muss doesn't

636
00:31:00,600 --> 00:31:02,080
Speaker 3: like it. Will Republicans kiss the ring?

637
00:31:02,240 --> 00:31:02,720
Speaker 4: Yes they will.

638
00:31:02,960 --> 00:31:05,640
Speaker 3: Billionaires must not be allowed to run our government. Well,

639
00:31:05,680 --> 00:31:07,880
Speaker 3: our president is going to be billionaires. It's a little

640
00:31:07,920 --> 00:31:08,440
Speaker 3: bit difficult.

641
00:31:08,520 --> 00:31:09,640
Speaker 4: Yeah, well it's different.

642
00:31:10,400 --> 00:31:13,440
Speaker 1: He's not a real billiad Is that correct? From JB. Pritzker.

643
00:31:13,600 --> 00:31:16,160
Speaker 4: Well, I think what he means is unelected billionaires.

644
00:31:16,240 --> 00:31:18,880
Speaker 2: It's one thing when you were actually you know, won

645
00:31:18,960 --> 00:31:21,800
Speaker 2: the popular vote and people back to you I don't

646
00:31:21,800 --> 00:31:23,800
Speaker 2: think that they thought that they were voting for Elon

647
00:31:23,920 --> 00:31:24,760
Speaker 2: Musk necessarily.

648
00:31:25,080 --> 00:31:27,600
Speaker 3: See, I don't know about that. We have this poll

649
00:31:27,680 --> 00:31:30,120
Speaker 3: we can discuss. Let's put this up there on the screen.

650
00:31:30,200 --> 00:31:33,400
Speaker 3: Do you approve or disapprove of Elon playing a prominent

651
00:31:33,480 --> 00:31:37,480
Speaker 3: role in Trump administration. This is from Quinnipiac, simple sized,

652
00:31:37,560 --> 00:31:39,160
Speaker 3: nine er and twenty four people to see. Fifty three

653
00:31:39,160 --> 00:31:41,280
Speaker 3: percent disapprove, forty one percent approve.

654
00:31:41,640 --> 00:31:44,360
Speaker 1: I don't know quite yet. I mean, Elon does have.

655
00:31:44,320 --> 00:31:47,080
Speaker 3: A pretty high approval rating with the American people, especially

656
00:31:47,160 --> 00:31:50,440
Speaker 3: with Republicans, so certainly Republican to see what that is.

657
00:31:51,160 --> 00:31:53,160
Speaker 3: I mean, you know, he was up there with Bezos

658
00:31:53,240 --> 00:31:55,120
Speaker 3: and the other industrialists for a while in terms of

659
00:31:55,160 --> 00:31:56,840
Speaker 3: the most popular people in the country. It took a

660
00:31:56,920 --> 00:31:59,920
Speaker 3: huge hit obviously after he started getting political. I think

661
00:32:00,120 --> 00:32:03,600
Speaker 3: the big question is not about even like small d

662
00:32:04,240 --> 00:32:07,880
Speaker 3: democratic question around Elon. It's about Trump. There's a huge

663
00:32:07,960 --> 00:32:11,200
Speaker 3: question here about how milong Trump is going to allow this.

664
00:32:11,400 --> 00:32:13,520
Speaker 3: So there's a couple of things that are happening right now.

665
00:32:13,600 --> 00:32:15,640
Speaker 3: Trump seems to have made peace with the Elon stuff

666
00:32:15,640 --> 00:32:17,720
Speaker 3: because he has now decided to make the debt ceiling

667
00:32:18,040 --> 00:32:21,000
Speaker 3: part of his crusade. But look, Trump doesn't care about

668
00:32:21,000 --> 00:32:22,960
Speaker 3: spending and he doesn't care about debt. Okay, you could

669
00:32:23,000 --> 00:32:25,960
Speaker 3: just look at his previous administration if you're curious for

670
00:32:26,160 --> 00:32:27,080
Speaker 3: evidence on that one.

671
00:32:27,240 --> 00:32:28,080
Speaker 1: He doesn't care at all.

672
00:32:28,360 --> 00:32:31,240
Speaker 3: But the thing is is that if he gets backed

673
00:32:31,280 --> 00:32:34,640
Speaker 3: into an unpopular corner, as we've seen a million times,

674
00:32:34,920 --> 00:32:37,760
Speaker 3: he'll drop you. And so if Elon starts to cause

675
00:32:37,840 --> 00:32:40,960
Speaker 3: political problems for Trump, that I could see to be

676
00:32:41,040 --> 00:32:43,480
Speaker 3: a real issue. So, for example, let's say there is

677
00:32:43,560 --> 00:32:46,320
Speaker 3: a shutdown in the next forty eight hours. All of us,

678
00:32:46,480 --> 00:32:48,720
Speaker 3: especially me, we're all getting on airplanes right pretty soon.

679
00:32:48,840 --> 00:32:51,320
Speaker 3: I think fifty some sixty million people are going to

680
00:32:51,360 --> 00:32:54,120
Speaker 3: take a flight in the next two weeks or so.

681
00:32:54,680 --> 00:32:56,760
Speaker 3: You want to know how TSA functions during a shutdown.

682
00:32:56,880 --> 00:32:59,200
Speaker 3: It's not pretty. I've seen it before, So imagine that.

683
00:32:59,320 --> 00:33:01,400
Speaker 3: Imagine we have that, and we have headlines all across

684
00:33:01,440 --> 00:33:04,320
Speaker 3: the country. Not to mention what just happened. Yesterday, the

685
00:33:04,480 --> 00:33:06,640
Speaker 3: S and P five hundred dropped by three points. We

686
00:33:06,720 --> 00:33:09,680
Speaker 3: have the largest ten day, We have the largest daily

687
00:33:09,760 --> 00:33:12,160
Speaker 3: decline in the Dow Jones in the last fifty years.

688
00:33:12,280 --> 00:33:15,400
Speaker 1: Things are not great right now. They're a little precarious.

689
00:33:15,920 --> 00:33:18,320
Speaker 3: We're going into a situation where Dervy I would say,

690
00:33:18,520 --> 00:33:20,560
Speaker 3: let's say we have a government. By the way, government

691
00:33:20,560 --> 00:33:23,200
Speaker 3: shutdown always nukes the doo every single time, you're gonna

692
00:33:23,200 --> 00:33:25,320
Speaker 3: have one thousand point drop another one like that. Let's

693
00:33:25,320 --> 00:33:27,440
Speaker 3: say the S and P drops another eight percent, and

694
00:33:27,520 --> 00:33:29,640
Speaker 3: so you could even have a systemline. We have more

695
00:33:29,720 --> 00:33:32,760
Speaker 3: political chaos around the debt ceiling. That's another couple percent.

696
00:33:32,840 --> 00:33:34,600
Speaker 3: So S and P. Let's say it's down by ten

697
00:33:34,680 --> 00:33:37,560
Speaker 3: percent by January twentieth, the day that Donald Trump takes office.

698
00:33:37,640 --> 00:33:40,120
Speaker 3: As a whole other picture from your nice mandate and

699
00:33:40,240 --> 00:33:41,360
Speaker 3: all these other things, if that.

700
00:33:41,960 --> 00:33:43,160
Speaker 1: Starts to fall on Elon.

701
00:33:43,360 --> 00:33:45,840
Speaker 3: As we know with Trump, nothing's ever his fault, and

702
00:33:46,000 --> 00:33:49,120
Speaker 3: so if this starts to fall in Elon, you could

703
00:33:49,160 --> 00:33:51,880
Speaker 3: have a situation we're on day one of the actual administration,

704
00:33:52,280 --> 00:33:54,480
Speaker 3: there is some sort of split between the two. I

705
00:33:54,520 --> 00:33:56,560
Speaker 3: would not be surprised by that outcome, especially if we

706
00:33:56,640 --> 00:33:58,960
Speaker 3: do go two shot. People hate when the government shuts down,

707
00:33:59,040 --> 00:34:00,960
Speaker 3: you know, and look, I know it's try. Everybody talks

708
00:34:01,000 --> 00:34:03,440
Speaker 3: about it, but like, look, everyone always focused on the

709
00:34:03,480 --> 00:34:06,400
Speaker 3: soldier pay. They usually take care of that. I'm talking about,

710
00:34:06,440 --> 00:34:10,640
Speaker 3: like seniors applying to medicare again get denied TSA. Everybody, Oh,

711
00:34:10,800 --> 00:34:13,319
Speaker 3: now we have six hour lines in the airport. There's

712
00:34:13,360 --> 00:34:15,719
Speaker 3: no FAA problems. By the way, I'm not sure if

713
00:34:15,719 --> 00:34:17,440
Speaker 3: anyone's aware, but we're actually in the middle of a

714
00:34:17,520 --> 00:34:20,439
Speaker 3: presidential transition right now. Good luck with that in terms

715
00:34:20,480 --> 00:34:22,600
Speaker 3: of making sure that if all those people can't come

716
00:34:22,640 --> 00:34:24,359
Speaker 3: to work, it's like, how are they going to leave

717
00:34:24,360 --> 00:34:28,040
Speaker 3: anything in preparation. I know, all of this sounds extremely stupid, like, oh,

718
00:34:28,120 --> 00:34:29,920
Speaker 3: we don't need the government. It's like, yeah, we don't

719
00:34:29,920 --> 00:34:31,279
Speaker 3: need it until you have to go to TSA. You

720
00:34:31,320 --> 00:34:32,160
Speaker 3: have to wait for seven hours.

721
00:34:32,280 --> 00:34:32,440
Speaker 5: Yeah.

722
00:34:32,440 --> 00:34:34,320
Speaker 4: The thing is part of what they put in this

723
00:34:34,480 --> 00:34:36,320
Speaker 4: bill is disaster relief.

724
00:34:36,360 --> 00:34:39,719
Speaker 2: I mean, people in North China and throughout that whole

725
00:34:39,840 --> 00:34:43,640
Speaker 2: hurricane path were devastated, still recovering, and that need is

726
00:34:43,719 --> 00:34:44,600
Speaker 2: extremely urgent.

727
00:34:45,040 --> 00:34:47,120
Speaker 1: So the same passes. Yet it should have been pass

728
00:34:47,160 --> 00:34:47,480
Speaker 1: day up.

729
00:34:47,640 --> 00:34:48,120
Speaker 4: I agree.

730
00:34:48,400 --> 00:34:50,960
Speaker 2: I agree it is nuts, and yet I mean that's

731
00:34:51,040 --> 00:34:53,839
Speaker 2: part of what is entangled in this bill. There's also

732
00:34:53,920 --> 00:34:58,880
Speaker 2: some farming that is incredibly important for farmers because the

733
00:34:59,000 --> 00:35:02,960
Speaker 2: previous farm build ever got passed, so you know, levels

734
00:35:03,000 --> 00:35:05,719
Speaker 2: have been stuck in terms of what they've been counting on,

735
00:35:06,080 --> 00:35:08,880
Speaker 2: So that's important to I just wanted to mention there

736
00:35:08,960 --> 00:35:11,200
Speaker 2: is one provision in here that I actually really support

737
00:35:11,200 --> 00:35:13,880
Speaker 2: and I think you do too, which is the reigning

738
00:35:13,960 --> 00:35:15,880
Speaker 2: in of pharmacy benefit managers.

739
00:35:16,600 --> 00:35:18,040
Speaker 4: That's included in this bill.

740
00:35:18,080 --> 00:35:20,239
Speaker 2: As well, and it's one of the things that you know,

741
00:35:20,440 --> 00:35:22,239
Speaker 2: it gets dried as oh, you just threw in these

742
00:35:22,320 --> 00:35:24,440
Speaker 2: things that I have nothing to do with just funding

743
00:35:24,480 --> 00:35:26,719
Speaker 2: the government, but it also would be actually a really

744
00:35:26,760 --> 00:35:29,480
Speaker 2: good reform that would help to bring down prescription drug

745
00:35:29,560 --> 00:35:32,160
Speaker 2: costs and has a significant amount of bipartisan support. This

746
00:35:32,280 --> 00:35:35,280
Speaker 2: is something that Josh Holly's proposed alongside with Elizabeth Warren

747
00:35:35,600 --> 00:35:38,640
Speaker 2: that is also entangled in this whole thing. So it's

748
00:35:38,680 --> 00:35:41,239
Speaker 2: not just I mean, the federal government shutdown is bad enough,

749
00:35:41,320 --> 00:35:43,280
Speaker 2: that creates a lot of headaches and a lot of problems,

750
00:35:43,640 --> 00:35:45,600
Speaker 2: but there's also funds in here that people are really

751
00:35:45,680 --> 00:35:48,840
Speaker 2: relying on. So you know, the other piece with Elon is,

752
00:35:48,880 --> 00:35:50,600
Speaker 2: I mean, number one is the richest man on the planet,

753
00:35:50,680 --> 00:35:52,239
Speaker 2: Like none of this is ever going to affect him

754
00:35:52,400 --> 00:35:54,360
Speaker 2: or really anybody that he probably knows at this.

755
00:35:54,360 --> 00:35:55,040
Speaker 4: Point in his life.

756
00:35:55,360 --> 00:35:58,280
Speaker 2: The other thing is like he doesn't really know anything

757
00:35:58,320 --> 00:36:00,640
Speaker 2: about the government, is my sense, Like, I don't think

758
00:36:00,640 --> 00:36:04,000
Speaker 2: he really understands how important some of these pieces are.

759
00:36:04,080 --> 00:36:05,920
Speaker 2: I don't think he really knows what it means if

760
00:36:05,960 --> 00:36:07,960
Speaker 2: the federal government shuts down. So it's easy enough for

761
00:36:08,040 --> 00:36:10,160
Speaker 2: him to tweet like and just shut it down until

762
00:36:10,160 --> 00:36:13,880
Speaker 2: Trump comes into office without really having a grasp of

763
00:36:13,960 --> 00:36:17,320
Speaker 2: what the implications of that ultimately are. But to go

764
00:36:17,480 --> 00:36:20,719
Speaker 2: back to this question about the potential drama playing out

765
00:36:20,800 --> 00:36:23,880
Speaker 2: between Elon and Trump, I think your right, suger, And

766
00:36:23,880 --> 00:36:28,279
Speaker 2: the reporting suggests that Trump was cool with this negotiation.

767
00:36:29,000 --> 00:36:31,520
Speaker 2: It actually serves his interest quite well, because he certainly

768
00:36:31,560 --> 00:36:33,239
Speaker 2: doesn't care about the spending at all.

769
00:36:33,360 --> 00:36:35,680
Speaker 4: Whatever, it's fine. It got the debt ceiling out of

770
00:36:35,719 --> 00:36:36,000
Speaker 4: the way.

771
00:36:36,400 --> 00:36:38,760
Speaker 2: He wants to be able to do his tax cuts

772
00:36:38,880 --> 00:36:42,319
Speaker 2: for the rich, extend the Tax Cuts and Jobs Act

773
00:36:42,920 --> 00:36:45,960
Speaker 2: in the new year when he comes into office. You

774
00:36:46,160 --> 00:36:48,600
Speaker 2: need to have the debt ceiling cleared to be able

775
00:36:48,719 --> 00:36:52,600
Speaker 2: to accomplish that. And so it served his interest. All

776
00:36:52,719 --> 00:36:55,680
Speaker 2: of the spending pieces that Republicans could object to, like

777
00:36:55,800 --> 00:36:58,120
Speaker 2: basically get pinned on Oh well, the Democrats were in power.

778
00:36:58,120 --> 00:37:00,000
Speaker 2: It's not our fault, is Like Joe Biden a chucksit

779
00:37:00,040 --> 00:37:02,080
Speaker 2: umor and whoever, it's their fault that they had these

780
00:37:02,440 --> 00:37:05,480
Speaker 2: provisions that maybe a lot of Republicans aren't particularly supportive of.

781
00:37:06,040 --> 00:37:08,360
Speaker 2: And then he can start with the government funded and

782
00:37:08,480 --> 00:37:10,480
Speaker 2: with the debt ceiling out of the way. So he

783
00:37:10,600 --> 00:37:13,239
Speaker 2: really did get back into a corner here. And I

784
00:37:13,280 --> 00:37:15,759
Speaker 2: don't know if he feels that way or not, but

785
00:37:16,080 --> 00:37:20,120
Speaker 2: part of the goal of this calling him President Musket

786
00:37:20,200 --> 00:37:24,560
Speaker 2: c is to irritate Trump and get under his skin

787
00:37:24,760 --> 00:37:28,640
Speaker 2: and threaten his ego. So I think it's one thing

788
00:37:28,800 --> 00:37:31,239
Speaker 2: if this becomes a political problem for him, and it's

789
00:37:31,360 --> 00:37:34,759
Speaker 2: government shutdowns always very unpopular, you get this sense of

790
00:37:34,880 --> 00:37:38,120
Speaker 2: just total chaos already before he's even set foot back

791
00:37:38,200 --> 00:37:38,960
Speaker 2: in the White House.

792
00:37:39,040 --> 00:37:39,720
Speaker 4: That's an issue.

793
00:37:40,200 --> 00:37:42,520
Speaker 2: But the other issue is this is a man who

794
00:37:42,640 --> 00:37:45,640
Speaker 2: has a very fragile ego, and if he feels like,

795
00:37:45,760 --> 00:37:48,040
Speaker 2: oh my god, people think Elon is more powerful than me,

796
00:37:48,600 --> 00:37:51,760
Speaker 2: I don't think he's gonna like that. And we also

797
00:37:51,880 --> 00:37:54,120
Speaker 2: know think about how he in that debate with Kamala,

798
00:37:55,000 --> 00:37:57,520
Speaker 2: think about how he took the bait on literally everything.

799
00:37:58,080 --> 00:37:59,880
Speaker 2: So it's not like he's capable of sort of like

800
00:38:00,200 --> 00:38:03,160
Speaker 2: rising above it. That has never really been a Trump

801
00:38:03,360 --> 00:38:06,279
Speaker 2: strong suit. On the other hand, you know, I think

802
00:38:06,360 --> 00:38:09,400
Speaker 2: ultimately in a battle which Dan Trump and Musk, Trump wins.

803
00:38:09,680 --> 00:38:12,520
Speaker 2: But Elon has his own cards to play because he

804
00:38:12,680 --> 00:38:16,239
Speaker 2: does have so much money and can fund primary challengers,

805
00:38:16,320 --> 00:38:19,080
Speaker 2: and has his own base of support, has his own

806
00:38:19,200 --> 00:38:22,960
Speaker 2: media platform that he controls to his own ends that

807
00:38:23,160 --> 00:38:25,959
Speaker 2: is extremely influential, both in terms of the Republican base

808
00:38:26,320 --> 00:38:29,280
Speaker 2: and in terms of the national conversation and elite media.

809
00:38:29,680 --> 00:38:33,040
Speaker 2: So it's not like he's not that he's without any

810
00:38:33,080 --> 00:38:37,120
Speaker 2: of his own cards to play in this chess match saga.

811
00:38:37,320 --> 00:38:39,399
Speaker 2: One last thing I was thinking about is remember when

812
00:38:39,440 --> 00:38:41,600
Speaker 2: Elon was tweeting about who he wanted what he wanted

813
00:38:41,640 --> 00:38:44,440
Speaker 2: Howard Lutnik for targery. Is that what it was, and

814
00:38:44,480 --> 00:38:46,640
Speaker 2: then it ends up not getting picked for chargery, gets

815
00:38:46,680 --> 00:38:49,560
Speaker 2: put in a commerce. But you know, he was able

816
00:38:49,640 --> 00:38:51,680
Speaker 2: to do that and assert what he wanted for the

817
00:38:51,760 --> 00:38:53,800
Speaker 2: government even though he didn't get his way. There was

818
00:38:53,840 --> 00:38:56,000
Speaker 2: no blowback from Trump on that, and I almost feel

819
00:38:56,040 --> 00:38:57,400
Speaker 2: like that was a kind of like testing of the

820
00:38:57,480 --> 00:38:59,080
Speaker 2: waters of how much he could.

821
00:38:59,160 --> 00:39:00,359
Speaker 1: Oh, there's no question how much.

822
00:39:00,280 --> 00:39:02,080
Speaker 2: He could freelance, and he's sort of sort of like

823
00:39:02,120 --> 00:39:04,760
Speaker 2: a toddler, like pushing the bounds, pushing the bounds, pushing

824
00:39:04,840 --> 00:39:07,040
Speaker 2: the bounds of what he can get away with.

825
00:39:07,600 --> 00:39:09,680
Speaker 3: This is all in Donald Trump's court right now, and

826
00:39:10,080 --> 00:39:12,040
Speaker 3: if it works out, then it's fine, right Because if

827
00:39:12,080 --> 00:39:14,200
Speaker 3: this works out, honestly, it'd be pretty good for Trump.

828
00:39:14,239 --> 00:39:15,600
Speaker 3: If you can get the debt ceiling off the table,

829
00:39:15,719 --> 00:39:18,120
Speaker 3: that's fantastic. You really don't want to deal with that. Well,

830
00:39:18,160 --> 00:39:20,040
Speaker 3: you're in office and you can just focus on your

831
00:39:20,440 --> 00:39:22,399
Speaker 3: tax bill and all that. I have a difficult time

832
00:39:22,600 --> 00:39:24,960
Speaker 3: thinking that will happen. But look, we'll see. I mean,

833
00:39:25,040 --> 00:39:28,200
Speaker 3: this could drag on for probably days. Honestly, Congress could

834
00:39:28,200 --> 00:39:29,120
Speaker 3: be here all the way till Christmas.

835
00:39:29,120 --> 00:39:29,919
Speaker 1: It wouldn't see. Yeah.

836
00:39:29,960 --> 00:39:32,000
Speaker 4: Well, the other thing is I don't think Democrats are

837
00:39:32,040 --> 00:39:33,080
Speaker 4: in the mood to rescue that.

838
00:39:33,239 --> 00:39:35,880
Speaker 3: No, here's the why would you? Right, because you're letting

839
00:39:35,920 --> 00:39:38,799
Speaker 3: this all play out. If the government shut down, there's

840
00:39:38,800 --> 00:39:42,040
Speaker 3: always a fight about who's responsible, etc. But there's enough

841
00:39:42,040 --> 00:39:45,680
Speaker 3: tweets out there now from Eon shut down. There's enough

842
00:39:45,680 --> 00:39:48,080
Speaker 3: teats out there of Elon being like shut down the

843
00:39:48,080 --> 00:39:50,680
Speaker 3: government right. Yeah, And like I said, in normal times,

844
00:39:50,920 --> 00:39:53,520
Speaker 3: government shutdowns it's kind of a wash people.

845
00:39:53,400 --> 00:39:54,239
Speaker 1: Usually don't like them.

846
00:39:54,440 --> 00:39:57,120
Speaker 3: But I think during Christmas, I think it would really

847
00:39:57,239 --> 00:40:00,480
Speaker 3: the travel stuff, I think could really cause a lot

848
00:40:00,520 --> 00:40:02,600
Speaker 3: of headaches. And you know, by the way, the Biden

849
00:40:02,640 --> 00:40:06,600
Speaker 3: administration has every incentive to make it as painful as possible.

850
00:40:06,920 --> 00:40:09,759
Speaker 3: Because something Obama did which was very smart, even though

851
00:40:09,800 --> 00:40:12,920
Speaker 3: it was all propaganda, is during the twenty thirteen shutdown,

852
00:40:13,239 --> 00:40:15,080
Speaker 3: is even though we didn't have to, they closed all

853
00:40:15,080 --> 00:40:17,200
Speaker 3: the national parks. Even though they didn't have to, they

854
00:40:17,440 --> 00:40:21,080
Speaker 3: started to. They made Americans feel it the shutdown. So

855
00:40:21,160 --> 00:40:24,280
Speaker 3: if you're Biden, you've got thirty one days left in office,

856
00:40:24,280 --> 00:40:26,840
Speaker 3: you're like, screw it, boom. You know, you want to

857
00:40:26,920 --> 00:40:29,319
Speaker 3: tamp down the temperature, or you want to tamp down

858
00:40:29,719 --> 00:40:31,880
Speaker 3: any positive feeling in the country as much as possible.

859
00:40:32,120 --> 00:40:34,520
Speaker 3: And now imagine this, we have an inauguration to plan.

860
00:40:34,719 --> 00:40:36,799
Speaker 3: This entire city is about to get shut down. There's

861
00:40:36,800 --> 00:40:39,279
Speaker 3: a million National Guardsmen and all these other people are

862
00:40:39,280 --> 00:40:41,200
Speaker 3: supposed to descend on this place, and you've got to

863
00:40:41,200 --> 00:40:43,840
Speaker 3: plan all that when people literally aren't even allowed access

864
00:40:43,880 --> 00:40:45,160
Speaker 3: to their email accounts.

865
00:40:45,160 --> 00:40:47,120
Speaker 1: So it could be a complete shit show, is my point.

866
00:40:48,200 --> 00:40:51,279
Speaker 2: You sent this in this morning, Sager David Plovo's Yeah,

867
00:40:51,360 --> 00:40:56,239
Speaker 2: FANTASTICGN campaign is Kamala Harris right. I also, obviously it

868
00:40:56,320 --> 00:40:58,960
Speaker 2: was a very significant strategist for Barack Obama. But anyway,

869
00:40:59,000 --> 00:41:01,719
Speaker 2: he tweeted less it's to get rid of the debt

870
00:41:01,800 --> 00:41:05,600
Speaker 2: ceiling permanently. There should be no dem votes to raise

871
00:41:05,640 --> 00:41:08,719
Speaker 2: it prematurely. Now a lot of talk about mandates, landslides

872
00:41:08,719 --> 00:41:12,480
Speaker 2: and trifectas. Let those claiming absolute power use some of

873
00:41:12,560 --> 00:41:15,440
Speaker 2: it to deal with the debt ceiling next year. And

874
00:41:15,719 --> 00:41:18,279
Speaker 2: I saw Chris Murphy tweeting about this as well, a

875
00:41:18,320 --> 00:41:21,080
Speaker 2: Senators Chris Murphy, and I think this is I think

876
00:41:21,080 --> 00:41:22,799
Speaker 2: there are a lot of Democrats who feel this way

877
00:41:22,840 --> 00:41:25,560
Speaker 2: of like, Okay, you guys want to deal with go ahead,

878
00:41:25,800 --> 00:41:28,480
Speaker 2: be our guest. You all figured this out, because we

879
00:41:28,600 --> 00:41:30,560
Speaker 2: are not going to come and ride to your rescue.

880
00:41:30,920 --> 00:41:33,719
Speaker 2: I think the only thing that would potentially cause Democrats

881
00:41:33,800 --> 00:41:36,000
Speaker 2: to really come back to the table, because they did

882
00:41:36,040 --> 00:41:38,400
Speaker 2: spend a long time negotiating this deal with Mike Johnson,

883
00:41:38,520 --> 00:41:40,040
Speaker 2: ultimately didn't just come out of the ether.

884
00:41:40,160 --> 00:41:41,360
Speaker 4: This has been months in the making.

885
00:41:41,840 --> 00:41:43,799
Speaker 2: But I think the only thing that would really cause

886
00:41:43,840 --> 00:41:45,440
Speaker 2: them to come back to the table would be something

887
00:41:45,560 --> 00:41:47,880
Speaker 2: like getting rid of the debt sealing permanently, which the

888
00:41:47,920 --> 00:41:50,840
Speaker 2: debt sailing is this like archaic, meaningless, stupid thing that

889
00:41:50,960 --> 00:41:54,520
Speaker 2: is only gets used as a hostage taking mechanism at

890
00:41:54,600 --> 00:41:57,080
Speaker 2: this point. So if they could get the debt ceiling

891
00:41:57,160 --> 00:42:00,840
Speaker 2: taken out permanently, that would be worthwhile. But you know,

892
00:42:00,960 --> 00:42:05,640
Speaker 2: I seriously doubt, seriously doubt that austerity minded Republicans are

893
00:42:05,640 --> 00:42:07,520
Speaker 2: going to want to go along with getting rid of

894
00:42:07,560 --> 00:42:08,359
Speaker 2: the debt ceiling for up.

895
00:42:08,400 --> 00:42:10,560
Speaker 3: The alternative is Trump mints the coin, which if anyone

896
00:42:10,600 --> 00:42:13,279
Speaker 3: would do it, he would. He doesn't care about He's

897
00:42:13,320 --> 00:42:13,880
Speaker 3: just like, screw it.

898
00:42:13,920 --> 00:42:14,600
Speaker 1: I'm just going to do it.

899
00:42:14,680 --> 00:42:18,680
Speaker 2: So true, So maybe maybe that's where we're headed, and

900
00:42:18,840 --> 00:42:21,200
Speaker 2: that would that would effectively nuke the debt.

901
00:42:21,360 --> 00:42:21,839
Speaker 1: It would be over.

902
00:42:21,960 --> 00:42:24,800
Speaker 2: Yeah, if he meanted, because then once he's done it

903
00:42:24,880 --> 00:42:26,480
Speaker 2: once then everyone will.

904
00:42:26,400 --> 00:42:28,359
Speaker 1: Just be this is what we did.

905
00:42:28,480 --> 00:42:28,799
Speaker 4: It's over.

906
00:42:28,960 --> 00:42:29,560
Speaker 1: This is what we do.

907
00:42:32,239 --> 00:42:35,080
Speaker 3: Talking and speaking of the House of Representatives, let's put

908
00:42:35,080 --> 00:42:38,160
Speaker 3: this up there on the screen. The House Ethics Committee

909
00:42:38,200 --> 00:42:42,160
Speaker 3: has now secretly voted to release the Matt Gates Ethics Report.

910
00:42:42,600 --> 00:42:46,280
Speaker 3: So let's take everybody back in time to November, whenever

911
00:42:46,360 --> 00:42:49,799
Speaker 3: Donald Trump wins the election. He shortly afterwards, makes announcements

912
00:42:49,800 --> 00:42:52,760
Speaker 3: about who are going to get appointed to major cabinet positions.

913
00:42:52,960 --> 00:42:56,360
Speaker 3: One of them is Matt Gates as the Attorney General

914
00:42:56,480 --> 00:42:59,880
Speaker 3: of the United States. Matt Gates resigns from Congress as

915
00:43:00,120 --> 00:43:04,560
Speaker 3: result of this nomination. However, it quickly comes out that

916
00:43:04,640 --> 00:43:07,520
Speaker 3: at the very same time, the House Ethics Committee was

917
00:43:07,600 --> 00:43:11,520
Speaker 3: slated to release a report about Matt Gates involving ethics

918
00:43:11,560 --> 00:43:14,960
Speaker 3: complaints about him and his involvement with young girls and

919
00:43:15,200 --> 00:43:19,040
Speaker 3: even allegedly somebody who was under age, again allegedly. Keep

920
00:43:19,040 --> 00:43:21,440
Speaker 3: in mind, the Department of Justice did investigate this and

921
00:43:21,560 --> 00:43:24,239
Speaker 3: he was never charged. Well, all of this then comes

922
00:43:24,280 --> 00:43:27,880
Speaker 3: full circle when the so called ethics report was allegedly

923
00:43:27,960 --> 00:43:32,080
Speaker 3: going to get released if Gates stayed in the nomination process.

924
00:43:32,400 --> 00:43:35,160
Speaker 3: It appears crystal that he had to drop out as

925
00:43:35,200 --> 00:43:38,040
Speaker 3: a result of that, because multiple Senators said that there

926
00:43:38,120 --> 00:43:39,600
Speaker 3: was no way in hell they were ever going to

927
00:43:39,680 --> 00:43:41,840
Speaker 3: vote for him, and that it would eventually become a

928
00:43:41,960 --> 00:43:42,680
Speaker 3: public circus.

929
00:43:42,840 --> 00:43:43,800
Speaker 1: So he drops out of that.

930
00:43:44,080 --> 00:43:46,840
Speaker 3: So now he is both no longer in Congress and

931
00:43:47,280 --> 00:43:50,200
Speaker 3: no longer an incoming member or at least cabinet administration

932
00:43:50,400 --> 00:43:53,320
Speaker 3: figure in the Trump administration. He has since announced he

933
00:43:53,360 --> 00:43:56,479
Speaker 3: will be taking up a position at One American News,

934
00:43:56,719 --> 00:44:00,200
Speaker 3: where he'll be hosting a primetime show. So, Matt to

935
00:44:00,239 --> 00:44:01,760
Speaker 3: the media game, it's great.

936
00:44:01,600 --> 00:44:03,440
Speaker 4: To have you the lane he should be in to

937
00:44:03,520 --> 00:44:04,799
Speaker 4: be hobsolutely.

938
00:44:04,200 --> 00:44:05,680
Speaker 1: And he's always been good at it. Yeah, let's be

939
00:44:05,680 --> 00:44:06,360
Speaker 1: on a his talented.

940
00:44:06,400 --> 00:44:08,200
Speaker 3: He's good, right, He's got a big he's got a

941
00:44:08,239 --> 00:44:10,000
Speaker 3: lot of people who like him, and at this point

942
00:44:10,200 --> 00:44:12,359
Speaker 3: he's got a big personality exactly, that's what you need

943
00:44:12,640 --> 00:44:13,319
Speaker 3: to be in this game.

944
00:44:13,360 --> 00:44:14,719
Speaker 1: So I have no doubt he'll be successful.

945
00:44:14,840 --> 00:44:18,480
Speaker 3: Now, we thought, okay, stusted ethics report, it's never going

946
00:44:18,520 --> 00:44:20,560
Speaker 3: to come out. They say, no, no, no, no, no,

947
00:44:20,960 --> 00:44:23,120
Speaker 3: he's not getting away so free, even though he won't

948
00:44:23,120 --> 00:44:25,360
Speaker 3: be the attorney general, even though he's not even a

949
00:44:25,400 --> 00:44:29,040
Speaker 3: sitting member of Congress, screw him. So basically they are

950
00:44:29,080 --> 00:44:32,680
Speaker 3: still furious with him. Kevin McCarthy, who previously had allegedly

951
00:44:32,760 --> 00:44:34,920
Speaker 3: read this report and had said previously he's like, I've

952
00:44:34,920 --> 00:44:37,640
Speaker 3: read all the reports, I've seen the text messages. That's

953
00:44:37,680 --> 00:44:39,800
Speaker 3: the only reason Matt gatez hates me because Gates was

954
00:44:39,840 --> 00:44:41,759
Speaker 3: one of the people who got McCarthy kicked out. It

955
00:44:41,920 --> 00:44:45,160
Speaker 3: is speculated that McCarthy was behind the scenes encouraging all

956
00:44:45,200 --> 00:44:47,480
Speaker 3: these members of the Ethics Committee, many of whom he

957
00:44:47,600 --> 00:44:49,440
Speaker 3: raised a lot of money for, and he's like, no, no, no,

958
00:44:49,719 --> 00:44:50,319
Speaker 3: get it out there.

959
00:44:50,360 --> 00:44:53,240
Speaker 1: He's like, screw him. We got to nuke his public reputation.

960
00:44:53,360 --> 00:44:55,920
Speaker 3: So it appears that this is up behind the scenes,

961
00:44:56,000 --> 00:44:58,960
Speaker 3: long campaigned by Kevin McCarthy to try and to get

962
00:44:59,000 --> 00:45:02,000
Speaker 3: this to the front. It has been successful, at least

963
00:45:02,000 --> 00:45:04,000
Speaker 3: in terms of the vote. We haven't gotten the report yet.

964
00:45:04,440 --> 00:45:05,920
Speaker 3: And by the way, I just want to say, for

965
00:45:06,040 --> 00:45:09,040
Speaker 3: all these reports, release all of them, anybody sure, every

966
00:45:09,239 --> 00:45:09,839
Speaker 3: single one?

967
00:45:10,040 --> 00:45:11,440
Speaker 1: That's everybody, invest any.

968
00:45:11,280 --> 00:45:15,160
Speaker 3: Payoffs, every ethics complaint, et cetera. You know, here's the

969
00:45:15,239 --> 00:45:17,920
Speaker 3: thing they don't. This isn't a criminal proceeding. It's not

970
00:45:17,960 --> 00:45:20,440
Speaker 3: about due process. If you're a member of Congress, you

971
00:45:20,520 --> 00:45:22,680
Speaker 3: should be held to a higher standard than the rest

972
00:45:22,680 --> 00:45:22,920
Speaker 3: of us.

973
00:45:23,000 --> 00:45:24,320
Speaker 1: So I'm happy about it.

974
00:45:24,400 --> 00:45:27,919
Speaker 2: Actually, yeah, No, Kevin McCarthy is gonna hunt Matt Gates

975
00:45:28,000 --> 00:45:29,120
Speaker 2: until the day he dies, right, Like.

976
00:45:29,160 --> 00:45:30,279
Speaker 4: That is pretty clear.

977
00:45:30,400 --> 00:45:32,680
Speaker 2: And I mean there's some really basic just like human

978
00:45:32,760 --> 00:45:35,720
Speaker 2: lessons here too, which is this would not be happening

979
00:45:35,920 --> 00:45:37,440
Speaker 2: if Matt Gates hadn't been.

980
00:45:37,560 --> 00:45:41,520
Speaker 4: Like people hate this guy, Like people in Pocket really.

981
00:45:41,400 --> 00:45:44,400
Speaker 2: Hate this guy because he was he was an asshole

982
00:45:44,480 --> 00:45:45,879
Speaker 2: and they just didn't get along with him.

983
00:45:45,880 --> 00:45:47,440
Speaker 4: I mean, it's really not ideological.

984
00:45:47,680 --> 00:45:50,080
Speaker 2: The only ideological part is like the fight he picked

985
00:45:50,080 --> 00:45:54,080
Speaker 2: against Kevin McCarthy, which even though wasn't really ideological, there

986
00:45:54,120 --> 00:45:56,560
Speaker 2: were some things that he wanted out of that, and

987
00:45:56,640 --> 00:45:58,600
Speaker 2: then he aligned himself with you know, the small group

988
00:45:58,640 --> 00:46:01,839
Speaker 2: that could hold up Kevin mcar these nomination is sent

989
00:46:02,120 --> 00:46:04,279
Speaker 2: to Speaker at the House, So to the extent that

990
00:46:04,400 --> 00:46:06,880
Speaker 2: that was ideological, I guess, but most of this is

991
00:46:06,960 --> 00:46:09,399
Speaker 2: just personality. And so yeah, they took a secret vote.

992
00:46:10,040 --> 00:46:12,520
Speaker 2: This happened apparently a while ago. We're just now learning

993
00:46:12,560 --> 00:46:15,280
Speaker 2: about it, and the report is supposed to be released

994
00:46:15,600 --> 00:46:19,440
Speaker 2: sometime in the coming relatively soon coming weeks. And I

995
00:46:19,480 --> 00:46:22,160
Speaker 2: also think it's pretty clear that you can say Gates,

996
00:46:22,360 --> 00:46:24,399
Speaker 2: who I don't know that he has a lot of shame,

997
00:46:24,840 --> 00:46:27,080
Speaker 2: did not want this to come out because when he

998
00:46:27,320 --> 00:46:32,320
Speaker 2: got the attorney general nomination, originally he didn't have to

999
00:46:32,719 --> 00:46:34,320
Speaker 2: He did not have to resign from Congress.

1000
00:46:34,480 --> 00:46:35,560
Speaker 4: That's not a thing you have to do.

1001
00:46:36,120 --> 00:46:38,840
Speaker 2: And then not only did he resign, and when he resigned,

1002
00:46:38,920 --> 00:46:40,799
Speaker 2: that report was supposed to come out two days later,

1003
00:46:41,160 --> 00:46:42,719
Speaker 2: so he did it, like in the nick of time.

1004
00:46:42,800 --> 00:46:45,640
Speaker 2: He resigns, and not only does he resign from this term,

1005
00:46:45,680 --> 00:46:47,440
Speaker 2: He's like, no, no, I'm just going to resign the

1006
00:46:47,520 --> 00:46:50,600
Speaker 2: seat I literally just won re election for. I'm also

1007
00:46:50,640 --> 00:46:53,800
Speaker 2: going to resign that seat in also an attempt to

1008
00:46:54,120 --> 00:46:57,239
Speaker 2: keep apparently this report from coming out. So you know,

1009
00:46:57,440 --> 00:46:59,919
Speaker 2: he there's there are things in here that are clearly

1010
00:47:00,000 --> 00:47:02,080
Speaker 2: embarrassing to him that he doesn't want to see the

1011
00:47:02,160 --> 00:47:04,680
Speaker 2: light of day. We do have a response from Matt.

1012
00:47:04,719 --> 00:47:06,600
Speaker 2: We can put this up on the screen that is,

1013
00:47:07,239 --> 00:47:09,640
Speaker 2: it's interesting what he has to say here. I'll just

1014
00:47:09,719 --> 00:47:12,200
Speaker 2: read the whole thing and then saga, I get your

1015
00:47:12,239 --> 00:47:16,080
Speaker 2: reaction to it, So he says the Biden Garland DOJ

1016
00:47:16,200 --> 00:47:19,080
Speaker 2: spent years reviewing allegations I committed various crimes. I was

1017
00:47:19,160 --> 00:47:22,840
Speaker 2: charged with nothing fully exonerated, not even campaign finance violation,

1018
00:47:22,920 --> 00:47:26,080
Speaker 2: and the people investigating me hated me. Apparently many people do, Matt.

1019
00:47:26,400 --> 00:47:29,680
Speaker 2: Then the very witnesses DOJD not credible, were assembled by

1020
00:47:30,040 --> 00:47:33,200
Speaker 2: House ethics to repeat their claims absent any cross examination

1021
00:47:33,320 --> 00:47:34,880
Speaker 2: or challenge for me or my attorneys. I've had no

1022
00:47:35,040 --> 00:47:37,319
Speaker 2: chance to ever confront any accusers. I've never been charged,

1023
00:47:37,320 --> 00:47:41,319
Speaker 2: I've never been sued. Instead, House Ethics will reportedly post

1024
00:47:41,360 --> 00:47:43,920
Speaker 2: a report online that I have no opportunity to debate

1025
00:47:44,080 --> 00:47:46,759
Speaker 2: or rebut as a former member of the body. In

1026
00:47:46,960 --> 00:47:51,280
Speaker 2: my single days, I often sent funds to women I dated,

1027
00:47:51,920 --> 00:47:54,000
Speaker 2: even some I never dated.

1028
00:47:53,960 --> 00:47:54,760
Speaker 4: But who asked.

1029
00:47:55,360 --> 00:47:58,440
Speaker 2: I dated several of these women for years. I never

1030
00:47:58,760 --> 00:48:01,880
Speaker 2: had sexual contact with someone under eighteen. Any claim that

1031
00:48:01,960 --> 00:48:04,920
Speaker 2: I have would be destroyed in court, which is why

1032
00:48:05,040 --> 00:48:07,680
Speaker 2: no such claim was ever made in court. My thirties

1033
00:48:07,719 --> 00:48:10,719
Speaker 2: were an era of working very hard and playing hard too.

1034
00:48:10,960 --> 00:48:14,759
Speaker 2: It's embarrassing, though not criminal, that I probably partied, womanized, drank,

1035
00:48:14,880 --> 00:48:17,160
Speaker 2: and smoked more than I should have earlier in life.

1036
00:48:17,520 --> 00:48:20,040
Speaker 2: I live a different life now, but at least I

1037
00:48:20,120 --> 00:48:22,760
Speaker 2: didn't vote for crs that f over the country.

1038
00:48:22,920 --> 00:48:24,680
Speaker 4: So there you go. There's his response.

1039
00:48:24,760 --> 00:48:27,560
Speaker 2: Of course, the most noteworthy line there is that he

1040
00:48:27,680 --> 00:48:29,640
Speaker 2: sent funds to women he dated, and even some he

1041
00:48:29,760 --> 00:48:30,720
Speaker 2: never dated, but who.

1042
00:48:31,560 --> 00:48:33,000
Speaker 1: I never dated, just who asked?

1043
00:48:33,080 --> 00:48:36,120
Speaker 3: Wow, Oh you know that's as guy.

1044
00:48:36,239 --> 00:48:37,400
Speaker 4: He's just a nice guys.

1045
00:48:37,760 --> 00:48:39,600
Speaker 3: When people come up to me, I always give up money, right,

1046
00:48:39,640 --> 00:48:42,279
Speaker 3: that's what you should do. That's goodness of your heart.

1047
00:48:42,280 --> 00:48:44,719
Speaker 3: It's the holiday season. You know who amongst us is

1048
00:48:44,800 --> 00:48:47,840
Speaker 3: not the son of a Florida scion milionaire.

1049
00:48:48,760 --> 00:48:51,200
Speaker 4: It's just whose best friend is in prison for one

1050
00:48:51,280 --> 00:48:52,280
Speaker 4: tax I brought.

1051
00:48:52,200 --> 00:48:54,000
Speaker 1: Or I don't I don't even remember.

1052
00:48:54,080 --> 00:48:56,600
Speaker 3: Yeah, the whole this whole thing with the yacht and

1053
00:48:56,680 --> 00:48:58,560
Speaker 3: who the guy who was partnered with I think that

1054
00:48:58,800 --> 00:49:00,120
Speaker 3: story is too there.

1055
00:49:00,680 --> 00:49:02,960
Speaker 1: There he was a victim of blackmail. That was a

1056
00:49:03,000 --> 00:49:03,640
Speaker 1: whole other thing.

1057
00:49:03,920 --> 00:49:06,280
Speaker 3: Don't forget Matt Gates. His father is very, very wealthy

1058
00:49:06,320 --> 00:49:09,319
Speaker 3: and powerful. I think he's a former public official as well.

1059
00:49:09,520 --> 00:49:13,479
Speaker 2: Anyway, So one thing is I think part of maybe

1060
00:49:13,600 --> 00:49:16,759
Speaker 2: the rationale and why people were compelled to vote for

1061
00:49:16,800 --> 00:49:18,759
Speaker 2: this report to come out is because even though he's

1062
00:49:18,800 --> 00:49:20,960
Speaker 2: taken his one American news network gig, I mean, it's

1063
00:49:21,000 --> 00:49:23,399
Speaker 2: not clear he's done with politics. Yeah, so I think

1064
00:49:23,440 --> 00:49:26,640
Speaker 2: it is an attempt also to spike his reputation and

1065
00:49:26,800 --> 00:49:29,920
Speaker 2: limit his prospects of coming back in what's going on

1066
00:49:30,040 --> 00:49:32,439
Speaker 2: with this Florida Senate seat.

1067
00:49:32,719 --> 00:49:34,560
Speaker 1: Yeah, that well, that was a big question. And actually

1068
00:49:34,640 --> 00:49:36,680
Speaker 1: I don't think he was ever in running for senate.

1069
00:49:36,520 --> 00:49:37,880
Speaker 4: Really, because there was some talk about it.

1070
00:49:37,920 --> 00:49:38,719
Speaker 1: There was some talk of it.

1071
00:49:38,840 --> 00:49:41,400
Speaker 3: It seems that Lara Trump, who is Trump's sister in

1072
00:49:41,520 --> 00:49:44,359
Speaker 3: law or sorry, daughter in law, wants the job. That's

1073
00:49:44,480 --> 00:49:47,600
Speaker 3: Eric Trump's wife, and she was obviously a major figure

1074
00:49:47,600 --> 00:49:49,680
Speaker 3: at the RNC, and so she's got a lot of

1075
00:49:49,760 --> 00:49:52,960
Speaker 3: interest in politics. To Florida Resident, to Ronda, Santa's under

1076
00:49:53,000 --> 00:49:55,120
Speaker 3: a lot of pressure to a point her it's not

1077
00:49:55,560 --> 00:49:58,279
Speaker 3: yet matter. It's not yet clear whether he's going to

1078
00:49:58,360 --> 00:50:00,760
Speaker 3: do that. Then there's a big question in about Gates

1079
00:50:00,840 --> 00:50:03,600
Speaker 3: in his future. Apparently allegedly been wanting to run for governor,

1080
00:50:03,640 --> 00:50:06,520
Speaker 3: so apparently that's something that was there at least after

1081
00:50:06,640 --> 00:50:09,360
Speaker 3: DeSantis is gone. So you could see how One America

1082
00:50:09,440 --> 00:50:12,960
Speaker 3: could kind of be a bridge thing for him before

1083
00:50:13,040 --> 00:50:15,520
Speaker 3: he ran for the governor. But apparently him and Santa

1084
00:50:15,680 --> 00:50:18,000
Speaker 3: hate each other. So there's a lot going on here.

1085
00:50:18,040 --> 00:50:20,080
Speaker 3: I don't know what it is, but yeah, the Florida

1086
00:50:20,160 --> 00:50:22,840
Speaker 3: send a thing. I think Lara Trump will probably get it,

1087
00:50:22,960 --> 00:50:23,560
Speaker 3: but we'll see.

1088
00:50:24,200 --> 00:50:25,759
Speaker 2: I mean, I would assume he had also been talked

1089
00:50:25,760 --> 00:50:27,840
Speaker 2: about for running for the North Carolina.

1090
00:50:28,280 --> 00:50:30,600
Speaker 1: I'd yes, that's right, that was previous. But I think

1091
00:50:30,800 --> 00:50:32,320
Speaker 1: whoever it was, his name Tom tillis.

1092
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Speaker 3: I think he's the one who's I think he's running

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00:50:34,080 --> 00:50:36,600
Speaker 3: for reelection, so that one's not going to be up,

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00:50:36,719 --> 00:50:40,680
Speaker 3: and he seems to be playing better with MAGA, and

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00:50:40,760 --> 00:50:42,960
Speaker 3: I'm probably not going to face a primary, and it's

1096
00:50:43,040 --> 00:50:44,480
Speaker 3: just way easier to just get a pointed to a

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00:50:44,520 --> 00:50:46,400
Speaker 3: seat and then defend that seat in a special election,

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00:50:46,600 --> 00:50:47,759
Speaker 3: which he almost certainly would win.

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Speaker 1: Now the Florida's a red state, so yeah.

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Speaker 2: But the other thing is, I think DeSantis maybe a

1101
00:50:51,640 --> 00:50:53,360
Speaker 2: little bit has his own eye on that Senate s

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Speaker 2: he could appoint a kind of policeholder who's he good live,

1103
00:50:56,280 --> 00:50:58,040
Speaker 2: who you know he has an agreement with that they're

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00:50:58,040 --> 00:50:58,839
Speaker 2: not going to run again.

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Speaker 1: I don't know if he would.

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Speaker 3: He hates Washington. I mean, he hated being a congressman.

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Speaker 3: I don't know why you'd want to be a senator,

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00:51:04,480 --> 00:51:06,480
Speaker 3: I mean a senator. Yeah, just to stay in the game.

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Speaker 3: That'd be the only reason if you if you really

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Speaker 3: wanted to. But I mean, by all accounts, he really

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00:51:10,480 --> 00:51:11,560
Speaker 3: did not like going back.

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Speaker 1: But yeah, I don't know. We it'll be it'll be interesting.